Investment in Real Estate Joint Ventures and Partnerships (Tables)

6 Months Ended

Jun. 30, 2015

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Combined Condensed Balance Sheets

Combined condensed financial information of these ventures (at 100%) is summarized as follows (in thousands):

	June 30, 2015			December 31, 2014
Combined Condensed Balance Sheets
ASSETS
Property	$	1,303,843		$	1,331,445
Accumulated depreciation	(281,393		)	(279,067		)
Property, net	1,022,450			1,052,378
Other assets, net	129,300			126,890
Total Assets	$	1,151,750		$	1,179,268
LIABILITIES AND EQUITY
Debt, net (primarily mortgages payable)	$	361,492		$	380,816
Amounts payable to Weingarten Realty Investors and Affiliates	13,252			13,749
Other liabilities, net	30,145			26,226
Total Liabilities	404,889			420,791
Equity	746,861			758,477
Total Liabilities and Equity	$	1,151,750		$	1,179,268

Schedule of Combined Condensed Statements of Operations

	Three Months Ended   June 30,				Six Months Ended   June 30,
	2015		2014		2015		2014
Combined Condensed Statements of Operations
Revenues, net	$	36,587	$	37,101	$	73,705	$	74,869
Expenses:
Depreciation and amortization	9,203		11,096		18,583		21,013
Interest, net	4,235		5,848		8,652		11,760
Operating	6,771		6,318		13,236		13,134
Real estate taxes, net	4,725		4,566		9,257		9,446
General and administrative	333		424		535		530
Provision for income taxes	43		216		111		283
Impairment loss	7,487		—		7,487		—
Total	32,797		28,468		57,861		56,166
Operating income	$	3,790	$	8,633	$	15,844	$	18,703