Investment In Real Estate Joint Ventures And Partnerships (Tables)

6 Months Ended

Jun. 30, 2011

Investment In Real Estate Joint Ventures And Partnerships

Combined Condensed Balance Sheets

	June 30, 2011		December 31, 2010
Combined Condensed Balance Sheets
Property	$	2,129,542	$	2,142,524
Accumulated depreciation		(271,200)		(247,996)
Property, net		1,858,342		1,894,528
Other assets, net		172,392		168,091
Total	$	2,030,734	$	2,062,619
Debt, net (primarily mortgages payable)	$	559,892	$	552,552
Amounts payable to Weingarten Realty Investors and affiliates		178,875		202,092
Other liabilities, net		48,431		45,331
Total		787,198		799,975
Accumulated equity		1,243,536		1,262,644
Total	$	2,030,734	$	2,062,619

Combined Condensed Statements Of Income

	Three Months Ended June 30,				Six Months Ended June 30,
	2011		2010		2011		2010
Combined Condensed Statements of Income
Revenues, net	$	50,866	$	47,080	$	102,192	$	94,607
Expenses:
Depreciation and amortization		16,913		15,298		34,544		30,643
Interest, net		9,573		8,742		18,837		18,141
Operating		8,936		7,915		17,830		16,145
Real estate taxes, net		6,128		6,450		12,606		12,479
General and administrative		877		1,001		1,969		1,897
Provision for income taxes		116		85		201		145
Impairment loss		-		231		2,058		231
Total		42,543		39,722		88,045		79,681
Loss on sale of property		-		-		(21)		(3)
Net income	$	8,323	$	7,358	$	14,126	$	14,923