Share Options and Awards (Tables)

9 Months Ended

Sep. 30, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Fair Value Of Market-Based Share Awards Assumptions

The fair value of the market-based share awards was estimated on the date of grant using a Monte Carlo valuation model based on the following assumptions:

	Nine Months Ended September 30, 2017
	Minimum		Maximum
Dividend yield	0.0	%	4.1	%
Expected volatility (1)	16.1	%	19.1	%
Expected life (in years)	N/A		3
Risk-free interest rate	0.7	%	1.5	%

_______________

(1)    Includes the volatility of the FTSE NAREIT U.S. Shopping Center Index and Weingarten Realty Investors.

Summary Of The Status Of Unvested Share Awards

A summary of the status of unvested share awards for the nine months ended September 30, 2017 is as follows:

	Unvested Share Awards		Weighted Average  Grant Date Fair  Value
Outstanding, January 1, 2017	590,854		$	32.52
Granted:
Service-based awards	121,999		35.82
Market-based awards relative to FTSE NAREIT U.S. Shopping Center Index	54,454		39.00
Market-based awards relative to three-year absolute TSR	54,454		25.65
Trust manager awards	28,280		32.77
Vested	(228,506	)	30.74
Forfeited	(1,929	)	34.00
Outstanding, September 30, 2017	619,606		$	33.81