Kimco owns and operates the nation's largest portfolio of neighborhood and community shopping centers with interests in 500 properties comprising approximately 67.0 million square feet of leasable space located throughout 41 states. The statements in this release state the Company's and management's hopes, intentions, beliefs, expectations or projections of the future and are forward-looking statements. It is important to note that the Company's actual results could differ materially from those projected in such forward-looking statements. Factors that could cause actual results to differ materially from current expectations include general economic conditions, local real estate conditions, increases in interest rates, increases in operating costs and real estate taxes. Accordingly, the impact of such conversion has not been included in the determination of diluted net income per common share.
Amounts represent the dividends paid on the Class D preferred stock.
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