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Investments in Partnerships - Summary of Equity Investments (Detail) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Investments in real estate, at cost:    
Operating properties $ 573,939 $ 575,149
Construction in progress 441,678 420,771
Total investments in real estate 1,015,617 995,920
Accumulated depreciation (214,905) (212,574)
Net investments in real estate 800,712 783,346
Cash and cash equivalents 34,968 20,446
Deferred costs and other assets, net 30,284 30,549
Total assets 865,964 834,341
LIABILITIES AND PARTNERS’ INVESTMENT:    
Mortgage loans payable, net 505,086 507,090
FDP Term Loan, net 248,030 247,901
Other liabilities 31,460 34,463
Total liabilities 784,576 789,454
Net investment 81,388 44,887
Partners’ share 39,296 21,583
PREIT’s share 42,092 23,304
Excess investment 16,476 15,763
Net investments and advances 58,568 39,067
Investment in partnerships, at equity 149,795 131,124
Distributions in excess of partnership investments $ (91,227) $ (92,057)