Investment In Real Estate Joint Ventures And Partnerships (Tables)

9 Months Ended

Sep. 30, 2017

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):

	September 30, 2017			December 31, 2016
Combined Condensed Balance Sheets
ASSETS
Property	$	1,236,463		$	1,196,770
Accumulated depreciation	(281,391		)	(261,392		)
Property, net	955,072			935,378
Other assets, net	119,986			114,554
Total Assets	$	1,075,058		$	1,049,932
LIABILITIES AND EQUITY
Debt, net (primarily mortgages payable)	$	299,527		$	301,480
Amounts payable to Weingarten Realty Investors and Affiliates	11,445			12,585
Other liabilities, net	28,217			24,902
Total Liabilities	339,189			338,967
Equity	735,869			710,965
Total Liabilities and Equity	$	1,075,058		$	1,049,932

Schedule Of Combined Condensed Statements Of Operations

	Three Months Ended September 30,					Nine Months Ended September 30,
	2017			2016		2017		2016
Combined Condensed Statements of Operations
Revenues, net	$	33,383		$	33,875	$	104,182	$	103,943
Expenses:
Depreciation and amortization	8,595			9,079		26,399		29,065
Interest, net	2,851			3,300		8,928		12,930
Operating	5,727			5,922		17,655		19,883
Real estate taxes, net	4,775			4,223		14,494		13,209
General and administrative	(139		)	233		523		688
Provision for income taxes	30			42		77		70
Impairment loss	—			—		—		1,303
Total	21,839			22,799		68,076		77,148
Gain on sale of non-operating property	—			—		—		373
Gain on dispositions	67			71		3,963		12,662
Net income	$	11,611		$	11,147	$	40,069	$	39,830