Investment In Real Estate Joint Ventures And Partnerships (Tables)

9 Months Ended

Sep. 30, 2012

Equity Method Investments and Joint Ventures [Abstract]

Combined Condensed Balance Sheets

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

	September 30, 2012			December 31, 2011
Combined Condensed Balance Sheets
Assets
Property	$	1,769,303		$	2,108,745
Accumulated depreciation	(295,670		)	(296,496		)
Property, net	1,473,633			1,812,249
Other assets, net	166,697			173,130
Total Assets	$	1,640,330		$	1,985,379
Liabilities and Equity
Debt, net (primarily mortgages payable)	$	515,978		$	556,920
Amounts payable to Weingarten Realty Investors and affiliates	109,715			170,007
Other liabilities, net	43,638			41,907
Total Liabilities	669,331			768,834
Accumulated equity	970,999			1,216,545
Total Liabilities and Equity	$	1,640,330		$	1,985,379

Combined Condensed Statements Of Operations

	Three Months Ended September 30,					Nine Months Ended September 30,
	2012		2011			2012			2011
Combined Condensed Statements of Operations
Revenues, net	$	49,726	$	52,501		$	149,599		$	154,693
Expenses:
Depreciation and amortization	15,071		16,507			46,688			51,051
Interest, net	8,956		9,557			27,003			28,394
Operating	9,069		8,961			26,265			26,791
Real estate taxes, net	6,322		6,001			18,719			18,607
General and administrative	420		865			1,006			2,834
Provision for income taxes	81		85			249			286
Impairment loss	283		26,718			96,781			28,776
Total	40,202		68,694			216,711			156,739
Gain (loss) on sale of property	2,177		—			2,423			(21		)
Net income (loss)	$	11,701	$	(16,193	)	$	(64,689	)	$	(2,067	)