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Investments in Partnerships - Summary of Equity Investments (Detail) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Schedule of Equity Method Investments [Line Items]    
Total assets $ 663,507 $ 653,645
Investments in real estate, at cost:    
Operating properties 646,247 636,774
Construction in progress 147,686 126,199
Total investments in real estate 793,933 762,973
Accumulated depreciation (201,602) (186,580)
Net investments in real estate 592,331 576,393
Cash and cash equivalents 34,505 37,362
Deferred costs and other assets, net(1) 36,671 39,890
Total assets 663,507 653,645
LIABILITIES AND PARTNERS’ INVESTMENT:    
Mortgage loans payable(1) 444,955 440,450
Other liabilities 22,131 30,425
Total liabilities 467,086 470,875
Net investment 196,421 182,770
Partners’ share 100,374 95,165
PREIT’s share 96,047 87,605
Excess investment [1] 8,485 7,877
Net investments and advances 104,532 95,482
Investment in partnerships, at equity 166,149 161,029
Distributions in excess of partnership investments $ (61,617) $ (65,547)
[1] Excess investment represents the unamortized difference between our investment and our share of the equity in the underlying net investment in the unconsolidated partnerships. The excess investment is amortized over the life of the properties, and the amortization is included in “Equity in income of partnerships.”