Kimco Realty Real Estate Rental Operations — Operating Expenses Rent decreased by 0.9% to $4.15M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.9%, from $4.18M to $4.15M. Over 3 years (FY 2022 to FY 2025), Real Estate Rental Operations — Operating Expenses Rent shows relatively stable performance with a 2.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase suggests higher costs for ground leases or leased facilities, which can compress net operating margins.
Captures the specific costs incurred by the company for leasing land or facilities from third parties that are subsequen...
Commonly reported as 'Ground Lease Expense' or 'Operating Lease Expense' in REIT filings.
kim_segment_real_estate_rental_operations_operating_expenses_rent| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.95M | $3.95M | $3.95M | $3.95M | $4.00M | $4.00M | $4.00M | $4.00M | $4.28M | $4.23M | $4.24M | $4.09M | $4.18M | $4.24M | $4.16M | $4.19M | $4.15M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +1.2% | +0.0% | +0.0% | +0.0% | +7.0% | -1.2% | +0.3% | -3.4% | +2.2% | +1.4% | -1.8% | +0.5% | -0.9% |
| YoY Change | — | — | — | — | +1.2% | +1.2% | +1.2% | +1.2% | +7.0% | +5.7% | +6.0% | +2.3% | -2.2% | +0.4% | -1.8% | +2.3% | -0.9% |