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Investments in Partnerships - Summary of Equity Investments (Detail) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Schedule of Equity Method Investments [Line Items]    
Total assets $ 796,202 $ 763,870
Investments in real estate, at cost:    
Operating properties 565,907 612,689
Construction in progress 370,051 293,102
Total investments in real estate 935,958 905,791
Accumulated depreciation (204,723) (202,424)
Net investments in real estate 731,235 703,367
Cash and cash equivalents 33,017 26,158
Deferred costs and other assets, net 31,950 34,345
Total assets 796,202 763,870
LIABILITIES AND PARTNERS’ INVESTMENT:    
Mortgage loans payable, net 510,820 513,139
Long Term Debt Equity Method Investment, net 247,645 0
Other liabilities 41,882 37,971
Total liabilities 800,347 551,110
Net investment (4,145) 212,760
Partners’ share (2,330) 106,886
PREIT’s share (1,815) 105,874
Excess investment [1] 14,121 13,081
Net investments and advances 12,306 118,955
Investment in partnerships, at equity 106,945 216,823
Distributions in excess of partnership investments $ (94,639) $ (97,868)
[1] Excess investment represents the unamortized difference between our investment and our share of the equity in the underlying net investment in the unconsolidated partnerships. The excess investment is amortized over the life of the properties, and the amortization is included in “Equity in income of partnerships.”