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Mortgage Loans On Real Estate
 12 Months Ended
Dec. 31, 2013
Mortgage Loans on Real Estate [Abstract]  
Mortgage Loans On Real Estate
Schedule IV
WEINGARTEN REALTY INVESTORS
MORTGAGE LOANS ON REAL ESTATE
DECEMBER 31, 2013
(Amounts in thousands)
 
State
 
Interest
Rate
 
Final
Maturity
Date
 
Periodic
Payment
Terms
 
Face
Amount of
Mortgages
 
Carrying
Amount of
Mortgages
(1)
Shopping Centers:
 
 
 
 
 
 
 
 
 
 
 
First Mortgages:
 
 
 
 
 
 
 
 
 
 
 
College Park Realty Company
NV
 
7.00%
 
10/31/2053
 
At Maturity
 
$
3,410

 
$
3,410

American National Insurance
Company
TX
 
5.95%
 
04/01/2014
 
$136 Annual P&I
 
1,351

 
1,351

Construction Loans:
 
 
 
 
 
 
 
 
 
 
 
Weingarten I-4 Clermont
Landing, LLC
FL
 
2.92%
 
06/30/2014
 
$779 Annual P&I
 
10,677

 
10,677

Total Mortgage Loans on
Real Estate
 
 
 
 
 
 
 
 
$
15,438

 
$
15,438

___________________
(1)
The aggregate cost at December 31, 2013 for federal income tax purposes is $15.4 million, and there are no prior liens to be disclosed.
Changes in mortgage loans are summarized below (in thousands):
 
Year Ended December 31,
 
2013
 
2012
 
2011
Balance, Beginning of Year
$
91,662

 
$
159,916

 
$
192,092

Additions to Existing Loans (1)
699

 
734

 
4,161

Collections/Reductions of Principal
(22,085
)
 
(68,988
)
 
(14,464
)
Reduction of Principal due to Business Combinations (2)
(54,838
)
 
—

 
(21,873
)
Balance, End of Year
$
15,438

 
$
91,662

 
$
159,916

___________________
(1)
The caption above, “Additions to Existing Loans” also includes accrued interest.
(2)
This caption relates to acquired unconsolidated real estate joint-venture interests during the respective periods.