Other
Amortization of above and below Market Leases
Kimco Realty Amortization of above and below Market Leases decreased by 41.2% to -$13.63M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 156.6%, from -$5.31M to -$13.63M.
Analysis
StatementIncome Statement
SectionOther
CategoryProfitability
SignalContext dependent
VolatilityStable
First reportedQ3 2023
Last reportedQ1 2026Apr 30, 2026
How to read this metric
Reflects the premium or discount of acquired leases compared to market; impacts the quality and sustainability of rental income.
Detailed definition
The amortization of the fair value adjustments made to acquired lease contracts that were above or below current market...
Peer comparison
Standard for REITs and property management companies following portfolio acquisitions.
Metric ID:
other_amortization_of_above_and_below_market_leasesHistorical Data
6 periods
| Q3 '23 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|
| Value | -$3.97M | -$7.22M | -$5.31M | -$7.33M | -$9.66M | -$13.63M |
| QoQ Change | — | -82.1% | +26.4% | -37.9% | -31.7% | -41.2% |
| YoY Change | — | -82.1% | — | — | -33.7% | -156.6% |
Range-$13.63M – -$3.97M
CAGR+168.5%
Avg YoY Growth-90.8%
Median YoY Growth-82.1%
Current Streak3 quarters decline
Amortization of above and below Market Leases at Other Companies
Frequently Asked Questions
- What is Kimco Realty's amortization of above and below market leases?
- Kimco Realty (KIM) reported amortization of above and below market leases of -$13.63M in Q1 2026.
- How has Kimco Realty's amortization of above and below market leases changed year-over-year?
- Kimco Realty's amortization of above and below market leases decreased by 156.6% year-over-year, from -$5.31M to -$13.63M.
- What does amortization of above and below market leases mean?
- Adjustment to rental income based on market rates at the time of acquisition.