XML 47 R31.htm IDEA: XBRL DOCUMENT v2.4.0.8
Investment In Real Estate Joint Ventures And Partnerships (Tables)
6 Months Ended
Jun. 30, 2014
Equity Method Investments and Joint Ventures [Abstract]  
Schedule Of Combined Condensed Balance Sheets
Combined condensed financial information of these ventures (at 100%) is summarized as follows (in thousands):
 
June 30,
2014
 
December 31,
2013
Combined Condensed Balance Sheets
 
 
 
ASSETS
 
 
 
Property
$
1,388,611

 
$
1,401,982

Accumulated depreciation
(275,383
)
 
(261,454
)
Property, net
1,113,228

 
1,140,528

Other assets, net
129,982

 
142,638

Total Assets
$
1,243,210

 
$
1,283,166

LIABILITIES AND EQUITY
 
 
 
Debt, net (primarily mortgages payable)
$
418,100

 
$
453,390

Amounts payable to Weingarten Realty Investors and Affiliates
18,966

 
30,214

Other liabilities, net
27,978

 
29,711

Total Liabilities
465,044

 
513,315

Equity
778,166

 
769,851

Total Liabilities and Equity
$
1,243,210

 
$
1,283,166

Schedule Of Combined Condensed Statements Of Operations
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2014
 
2013
 
2014
 
2013
Combined Condensed Statements of Operations
 
 
 
 
 
 
 
Revenues, net
$
37,101

 
$
41,099

 
$
74,869

 
$
83,260

Expenses:
 
 
 
 
 
 
 
Depreciation and amortization
11,096

 
11,558

 
21,013

 
23,579

Interest, net
5,848

 
7,415

 
11,760

 
14,960

Operating
6,318

 
7,407

 
13,134

 
13,561

Real estate taxes, net
4,566

 
5,013

 
9,446

 
9,596

General and administrative
424

 
164

 
530

 
450

Provision for income taxes
216

 
86

 
283

 
148

Impairment loss

 
13

 

 
1,828

Total
28,468

 
31,656

 
56,166

 
64,122

Operating income
$
8,633

 
$
9,443

 
$
18,703

 
$
19,138