Investment In Real Estate Joint Ventures And Partnerships (Tables)

9 Months Ended

Sep. 30, 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):

	September 30, 2013			December 31, 2012
Combined Condensed Balance Sheets
ASSETS
Property	$	1,507,115		$	1,631,694
Accumulated depreciation	(284,101		)	(273,591		)
Property, net	1,223,014			1,358,103
Other assets, net	159,105			161,344
Total	$	1,382,119		$	1,519,447
LIABILITIES AND SHAREHOLDERS' EQUITY
Debt, net (primarily mortgages payable)	$	467,908		$	468,841
Amounts payable to Weingarten Realty Investors and Affiliates	102,390			109,931
Other liabilities, net	35,083			34,157
Total	605,381			612,929
Accumulated equity	776,738			906,518
Total	$	1,382,119		$	1,519,447

Combined Condensed Statements Of Operations

	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
Combined Condensed Statements of Operations
Revenues, net	$	40,804	$	49,726	$	124,064	$	149,599
Expenses:
Depreciation and amortization	11,343		15,071		34,922		46,688
Interest, net	7,131		8,956		22,091		27,003
Operating	7,298		9,069		20,859		26,265
Real estate taxes, net	4,739		6,322		14,335		18,719
General and administrative	187		420		637		1,006
Provision for income taxes	63		81		211		249
Impairment loss	59		283		1,887		96,781
Total	30,820		40,202		94,942		216,711
Operating income (loss)	$	9,984	$	9,524	$	29,122	$	(67,112	)