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Investments in Partnerships - Summary of Equity Investments (Detail) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Investments in real estate, at cost:    
Operating properties $ 587,779 $ 575,149
Construction in progress 444,080 420,771
Total investments in real estate 1,031,859 995,920
Accumulated depreciation (219,159) (212,574)
Net investments in real estate 812,700 783,346
Cash and cash equivalents 29,431 20,446
Deferred costs and other assets, net 33,099 30,549
Total assets 875,230 834,341
LIABILITIES AND PARTNERS’ INVESTMENT:    
Mortgage loans payable, net 503,068 507,090
FDP Term Loan, net 248,159 247,901
Other liabilities 34,875 34,463
Total liabilities 786,102 789,454
Net investment 89,128 44,887
Partners’ share 42,837 21,583
PREIT’s share 46,291 23,304
Excess investment 17,375 15,763
Net investments and advances 63,666 39,067
Reconciliation to comparable GAAP balance sheet item:    
Investment in partnerships, at equity 153,318 131,124
Distributions in excess of partnership investments (89,652) (92,057)
Net investment $ 63,666 $ 39,067