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Investment In Real Estate Joint Ventures And Partnerships (Tables)
3 Months Ended
Mar. 31, 2013
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):
 
March 31,
2013
 
December 31,
2012
Combined Condensed Balance Sheets
 
 
 
 
 
 
 
ASSETS
 
 
 
Property
$
1,568,267

 
$
1,631,694

Accumulated depreciation
(274,214
)
 
(273,591
)
Property, net
1,294,053

 
1,358,103

Other assets, net
154,599

 
161,344

Total
$
1,448,652

 
$
1,519,447

 
 
 
 
LIABILITIES AND SHAREHOLDERS' EQUITY
 
 
 
Debt, net (primarily mortgages payable)
$
466,149

 
$
468,841

Amounts payable to Weingarten Realty Investors and Affiliates
106,311

 
109,931

Other liabilities, net
32,762

 
34,157

Total
605,222

 
612,929

Accumulated equity
843,430

 
906,518

Total
$
1,448,652

 
$
1,519,447

Combined Condensed Statements Of Operations
 
Three Months Ended
March 31,
 
2013
 
2012
Combined Condensed Statements of Operations
 
 
 
Revenues, net
$
42,161

 
$
49,847

Expenses:
 
 
 
Depreciation and amortization
12,021

 
16,136

Interest, net
7,545

 
9,086

Operating
6,154

 
8,625

Real estate taxes, net
4,583

 
6,238

General and administrative
286

 
361

Provision for income taxes
62

 
73

Impairment loss
1,815

 

Total
32,466

 
40,519

 
 
 
 
Operating income
$
9,695

 
$
9,328