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Real Estate And Accumulated Depreciation
 12 Months Ended
Dec. 31, 2015
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]  
Real Estate and Accumulated Depreciation
WEINGARTEN REALTY INVESTORS
REAL ESTATE AND ACCUMULATED DEPRECIATION
DECEMBER 31, 2015
(Amounts in thousands)
 
 
Initial Cost to Company
 
 
 
Gross Amounts Carried at Close of Period
 
 
 
 
 
 
 
 
Description
 
Land
 
Building and
Improvements
 
Cost
Capitalized
Subsequent 
to
Acquisition
 
Land
 
Building and
Improvements
 
Total
(1)
 
Accumulated
Depreciation
 
Total Costs,
Net of
Accumulated
Depreciation
 
Encumbrances
(2)
 
Date of
Acquisition /
Construction
Centers:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
10-Federal Shopping Center
 
$
1,791

 
$
7,470

 
$
1,121

 
$
1,791

 
$
8,591

 
$
10,382

 
$
(7,260
)
 
$
3,122

 
$
(5,837
)
 
03/20/2008
1919 North Loop West
 
1,334

 
8,451

 
11,840

 
1,337

 
20,288

 
21,625

 
(9,758
)
 
11,867

 
—

 
12/05/2006
1935 West Gray
 
5,965

 
955

 
—

 
5,965

 
955

 
6,920

 
(2
)
 
6,918

 
—

 
12/01/2015
580 Market Place
 
3,892

 
15,570

 
3,512

 
3,889

 
19,085

 
22,974

 
(7,093
)
 
15,881

 
(15,799
)
 
04/02/2001
8000 Sunset Strip Shopping Center
 
18,320

 
73,431

 
3,802

 
18,320

 
77,233

 
95,553

 
(8,016
)
 
87,537

 
—

 
06/27/2012
Alabama Shepherd Shopping Center
 
637

 
2,026

 
7,874

 
1,062

 
9,475

 
10,537

 
(4,754
)
 
5,783

 
—

 
04/30/2004
Argyle Village Shopping Center
 
4,524

 
18,103

 
4,450

 
4,526

 
22,551

 
27,077

 
(8,544
)
 
18,533

 
—

 
11/30/2001
Arrowhead Festival Shopping Center
 
1,294

 
154

 
3,966

 
1,903

 
3,511

 
5,414

 
(1,584
)
 
3,830

 
—

 
12/31/2000
Avent Ferry Shopping Center
 
1,952

 
7,814

 
1,199

 
1,952

 
9,013

 
10,965

 
(3,746
)
 
7,219

 
—

 
04/04/2002
Bartlett Towne Center
 
3,479

 
14,210

 
1,146

 
3,443

 
15,392

 
18,835

 
(6,462
)
 
12,373

 
—

 
05/15/2001
Baybrook Gateway
 
10,623

 
30,307

 
690

 
10,623

 
30,997

 
41,620

 
(979
)
 
40,641

 
—

 
02/04/2015
Bell Plaza
 
1,322

 
7,151

 
658

 
1,322

 
7,809

 
9,131

 
(4,125
)
 
5,006

 
—

 
03/20/2008
Bellaire Blvd. Shopping Center
 
124

 
37

 
919

 
1,011

 
69

 
1,080

 
(37
)
 
1,043

 
—

 
11/13/2008
Best in the West
 
13,191

 
77,159

 
7,351

 
13,194

 
84,507

 
97,701

 
(24,149
)
 
73,552

 
—

 
04/28/2005
Blalock Market at I-10
 
—

 
4,730

 
2,022

 
—

 
6,752

 
6,752

 
(4,753
)
 
1,999

 
—

 
12/31/1990
Boca Lyons Plaza
 
3,676

 
14,706

 
4,514

 
3,651

 
19,245

 
22,896

 
(6,272
)
 
16,624

 
—

 
08/17/2001
Braeswood Square Shopping Center
 
—

 
1,421

 
1,154

 
—

 
2,575

 
2,575

 
(2,355
)
 
220

 
—

 
05/28/1969
Broadway Marketplace
 
898

 
3,637

 
1,342

 
906

 
4,971

 
5,877

 
(2,885
)
 
2,992

 
—

 
12/16/1993
Broadway Shopping Center
 
234

 
3,166

 
776

 
235

 
3,941

 
4,176

 
(2,688
)
 
1,488

 
—

 
03/20/2008
Brookwood Marketplace
 
7,050

 
15,134

 
7,368

 
7,511

 
22,041

 
29,552

 
(5,303
)
 
24,249

 
(17,551
)
 
08/22/2006
Brookwood Square Shopping Center
 
4,008

 
19,753

 
509

 
4,008

 
20,262

 
24,270

 
(4,156
)
 
20,114

 
—

 
12/16/2003
Brownsville Commons
 
1,333

 
5,536

 
315

 
1,333

 
5,851

 
7,184

 
(1,485
)
 
5,699

 
—

 
05/22/2006
Buena Vista Marketplace
 
1,958

 
7,832

 
1,389

 
1,956

 
9,223

 
11,179

 
(3,585
)
 
7,594

 
—

 
04/02/2001
Bull City Market
 
930

 
6,651

 
800

 
930

 
7,451

 
8,381

 
(1,920
)
 
6,461

 
(3,517
)
 
06/10/2005
Cambrian Park Plaza
 
48,803

 
1,089

 
48

 
48,851

 
1,089

 
49,940

 
(381
)
 
49,559

 
—

 
02/27/2015
Camelback Village Square
 
—

 
8,720

 
1,267

 
—

 
9,987

 
9,987

 
(5,334
)
 
4,653

 
—

 
09/30/1994
Camp Creek Marketplace II
 
6,169

 
32,036

 
1,551

 
4,697

 
35,059

 
39,756

 
(8,533
)
 
31,223

 
(19,220
)
 
08/22/2006
Capital Square
 
1,852

 
7,406

 
1,410

 
1,852

 
8,816

 
10,668

 
(3,832
)
 
6,836

 
—

 
04/04/2002
Centerwood Plaza
 
915

 
3,659

 
2,858

 
914

 
6,518

 
7,432

 
(2,284
)
 
5,148

 
—

 
04/02/2001
 
 
Initial Cost to Company
 
 
 
Gross Amounts Carried at Close of Period
 
 
 
 
 
 
 
 
Description
 
Land
 
Building and
Improvements
 
Cost
Capitalized
Subsequent 
to
Acquisition
 
Land
 
Building and
Improvements
 
Total
(1)
 
Accumulated
Depreciation
 
Total Costs,
Net of
Accumulated
Depreciation
 
Encumbrances
(2)
 
Date of
Acquisition /
Construction
Charleston Commons Shopping Center
 
$
23,230

 
$
36,877

 
$
2,587

 
$
23,210

 
$
39,484

 
$
62,694

 
$
(9,549
)
 
$
53,145

 
$
—

 
12/20/2006
Cherry Creek Retail Center
 
5,416

 
14,624

 
—

 
5,416

 
14,624

 
20,040

 
(2,968
)
 
17,072

 
—

 
06/16/2011
Chino Hills Marketplace
 
7,218

 
28,872

 
12,216

 
7,234

 
41,072

 
48,306

 
(17,962
)
 
30,344

 
—

 
08/20/2002
Citadel Building
 
3,236

 
6,168

 
8,411

 
534

 
17,281

 
17,815

 
(14,547
)
 
3,268

 
—

 
12/30/1975
College Park Shopping Center
 
2,201

 
8,845

 
7,455

 
2,641

 
15,860

 
18,501

 
(10,579
)
 
7,922

 
(11,004
)
 
11/16/1998
Colonial Plaza
 
10,806

 
43,234

 
13,551

 
10,813

 
56,778

 
67,591

 
(24,616
)
 
42,975

 
—

 
02/21/2001
Countryside Centre
 
15,523

 
29,818

 
9,057

 
15,559

 
38,839

 
54,398

 
(9,731
)
 
44,667

 
—

 
07/06/2007
Creekside Center
 
1,732

 
6,929

 
1,998

 
1,730

 
8,929

 
10,659

 
(3,909
)
 
6,750

 
(7,759
)
 
04/02/2001
Cullen Plaza Shopping Center
 
106

 
2,841

 
407

 
106

 
3,248

 
3,354

 
(2,620
)
 
734

 
—

 
03/20/2008
Cypress Pointe
 
3,468

 
8,700

 
1,110

 
3,793

 
9,485

 
13,278

 
(5,860
)
 
7,418

 
—

 
04/04/2002
Dallas Commons Shopping Center
 
1,582

 
4,969

 
94

 
1,582

 
5,063

 
6,645

 
(1,227
)
 
5,418

 
—

 
09/14/2006
Danville Plaza Shopping Center
 
—

 
3,360

 
2,366

 
—

 
5,726

 
5,726

 
(5,076
)
 
650

 
—

 
09/30/1960
Desert Village Shopping Center
 
3,362

 
14,969

 
1,371

 
3,362

 
16,340

 
19,702

 
(2,389
)
 
17,313

 
—

 
10/28/2010
Discovery Plaza
 
2,193

 
8,772

 
1,263

 
2,191

 
10,037

 
12,228

 
(3,787
)
 
8,441

 
—

 
04/02/2001
Eastdale Shopping Center
 
1,423

 
5,809

 
2,425

 
1,417

 
8,240

 
9,657

 
(4,167
)
 
5,490

 
—

 
12/31/1997
Eastern Horizon
 
10,282

 
16

 
(317
)
 
1,569

 
8,412

 
9,981

 
(4,838
)
 
5,143

 
—

 
12/31/2002
Edgewater Marketplace
 
4,821

 
11,225

 
541

 
4,821

 
11,766

 
16,587

 
(1,805
)
 
14,782

 
(17,600
)
 
11/19/2010
El Camino Promenade
 
4,431

 
20,557

 
4,451

 
4,429

 
25,010

 
29,439

 
(8,469
)
 
20,970

 
—

 
05/21/2004
Embassy Lakes Shopping Center
 
2,803

 
11,268

 
1,508

 
2,803

 
12,776

 
15,579

 
(4,143
)
 
11,436

 
—

 
12/18/2002
Entrada de Oro Plaza Shopping Center
 
6,041

 
10,511

 
1,724

 
6,115

 
12,161

 
18,276

 
(3,601
)
 
14,675

 
—

 
01/22/2007
Epic Village St. Augustine
 
283

 
1,171

 
4,065

 
320

 
5,199

 
5,519

 
(2,655
)
 
2,864

 
—

 
09/30/2009
Falls Pointe Shopping Center
 
3,535

 
14,289

 
504

 
3,522

 
14,806

 
18,328

 
(5,069
)
 
13,259

 
—

 
12/17/2002
Festival on Jefferson Court
 
5,041

 
13,983

 
3,427

 
5,022

 
17,429

 
22,451

 
(5,810
)
 
16,641

 
—

 
12/22/2004
Fiesta Market Place
 
137

 
429

 
8

 
137

 
437

 
574

 
(432
)
 
142

 
—

 
03/20/2008
Fiesta Trails
 
8,825

 
32,790

 
2,933

 
8,825

 
35,723

 
44,548

 
(12,648
)
 
31,900

 
—

 
09/30/2003
Flamingo Pines Plaza
 
10,403

 
35,014

 
(13,723
)
 
5,335

 
26,359

 
31,694

 
(7,092
)
 
24,602

 
—

 
01/28/2005
Fountain Plaza
 
1,319

 
5,276

 
1,424

 
1,095

 
6,924

 
8,019

 
(3,945
)
 
4,074

 
—

 
03/10/1994
Francisco Center
 
1,999

 
7,997

 
4,607

 
2,403

 
12,200

 
14,603

 
(8,496
)
 
6,107

 
(9,996
)
 
11/16/1998
Freedom Centre
 
2,929

 
15,302

 
5,660

 
6,944

 
16,947

 
23,891

 
(5,295
)
 
18,596

 
(389
)
 
06/23/2006
Galleria Shopping Center
 
10,795

 
10,339

 
8,768

 
10,805

 
19,097

 
29,902

 
(4,469
)
 
25,433

 
—

 
12/11/2006
Galveston Place
 
2,713

 
5,522

 
5,879

 
3,279

 
10,835

 
14,114

 
(8,504
)
 
5,610

 
—

 
11/30/1983
Gateway Plaza
 
4,812

 
19,249

 
4,448

 
4,808

 
23,701

 
28,509

 
(8,950
)
 
19,559

 
(21,269
)
 
04/02/2001
Gateway Station
 
1,622

 
3

 
9,757

 
1,921

 
9,461

 
11,382

 
(3,678
)
 
7,704

 
—

 
09/30/2009
Glenbrook Square Shopping Center
 
632

 
3,576

 
782

 
632

 
4,358

 
4,990

 
(2,372
)
 
2,618

 
—

 
03/20/2008
Grayson Commons
 
3,180

 
9,023

 
217

 
3,163

 
9,257

 
12,420

 
(2,683
)
 
9,737

 
(5,269
)
 
11/09/2004
 
 
Initial Cost to Company
 
 
 
Gross Amounts Carried at Close of Period
 
 
 
 
 
 
 
 
Description
 
Land
 
Building and
Improvements
 
Cost
Capitalized
Subsequent 
to
Acquisition
 
Land
 
Building and
Improvements
 
Total
(1)
 
Accumulated
Depreciation
 
Total Costs,
Net of
Accumulated
Depreciation
 
Encumbrances
(2)
 
Date of
Acquisition /
Construction
Greenhouse Marketplace
 
$
4,607

 
$
22,771

 
$
3,926

 
$
4,750

 
$
26,554

 
$
31,304

 
$
(8,521
)
 
$
22,783

 
$
—

 
01/28/2004
Griggs Road Shopping Center
 
257

 
2,303

 
173

 
257

 
2,476

 
2,733

 
(1,782
)
 
951

 
—

 
03/20/2008
Hallmark Town Center
 
1,368

 
5,472

 
1,094

 
1,367

 
6,567

 
7,934

 
(2,821
)
 
5,113

 
—

 
04/02/2001
Harrisburg Plaza
 
1,278

 
3,924

 
956

 
1,278

 
4,880

 
6,158

 
(4,124
)
 
2,034

 
(8,440
)
 
03/20/2008
HEB - Dairy Ashford & Memorial
 
1,717

 
4,234

 
—

 
1,717

 
4,234

 
5,951

 
(721
)
 
5,230

 
—

 
03/06/2012
Heights Plaza Shopping Center
 
58

 
699

 
2,493

 
928

 
2,322

 
3,250

 
(1,491
)
 
1,759

 
—

 
06/30/1995
High House Crossing
 
2,576

 
10,305

 
521

 
2,576

 
10,826

 
13,402

 
(3,986
)
 
9,416

 
—

 
04/04/2002
Highland Square
 
—

 
—

 
1,887

 
—

 
1,887

 
1,887

 
(519
)
 
1,368

 
—

 
10/06/1959
Hope Valley Commons
 
2,439

 
8,487

 
374

 
2,439

 
8,861

 
11,300

 
(1,347
)
 
9,953

 
—

 
08/31/2010
Humblewood Shopping Center
 
2,215

 
4,724

 
3,912

 
1,166

 
9,685

 
10,851

 
(8,209
)
 
2,642

 
—

 
03/09/1977
I45/Telephone Rd.
 
678

 
11,182

 
599

 
678

 
11,781

 
12,459

 
(5,919
)
 
6,540

 
(9,549
)
 
03/20/2008
Independence Plaza I
 
12,795

 
23,063

 
241

 
12,795

 
23,304

 
36,099

 
(2,719
)
 
33,380

 
(17,197
)
 
06/11/2013
Independence Plaza II
 
6,555

 
8,564

 
1,614

 
6,555

 
10,178

 
16,733

 
(1,134
)
 
15,599

 
—

 
06/11/2013
Jess Ranch Marketplace
 
8,750

 
25,560

 
343

 
8,750

 
25,903

 
34,653

 
(2,372
)
 
32,281

 
—

 
12/23/2013
Jess Ranch Marketplace Phase III
 
8,431

 
21,470

 
191

 
8,431

 
21,661

 
30,092

 
(2,002
)
 
28,090

 
—

 
12/23/2013
Lakeside Marketplace
 
6,064

 
22,989

 
3,348

 
6,150

 
26,251

 
32,401

 
(7,628
)
 
24,773

 
(15,889
)
 
08/22/2006
Largo Mall
 
10,817

 
40,906

 
5,431

 
10,810

 
46,344

 
57,154

 
(14,457
)
 
42,697

 
—

 
03/01/2004
Laveen Village Marketplace
 
1,190

 
—

 
5,251

 
1,006

 
5,435

 
6,441

 
(3,283
)
 
3,158

 
—

 
08/15/2003
Lawndale Shopping Center
 
82

 
927

 
692

 
82

 
1,619

 
1,701

 
(1,101
)
 
600

 
—

 
03/20/2008
League City Plaza
 
1,918

 
7,592

 
898

 
1,918

 
8,490

 
10,408

 
(4,925
)
 
5,483

 
(8,623
)
 
03/20/2008
Leesville Towne Centre
 
7,183

 
17,162

 
1,417

 
7,223

 
18,539

 
25,762

 
(5,785
)
 
19,977

 
—

 
01/30/2004
Little York Plaza Shopping Center
 
342

 
5,170

 
1,825

 
342

 
6,995

 
7,337

 
(5,824
)
 
1,513

 
—

 
03/20/2008
Lyons Avenue Shopping Center
 
249

 
1,183

 
54

 
249

 
1,237

 
1,486

 
(1,058
)
 
428

 
—

 
03/20/2008
Madera Village Shopping Center
 
3,788

 
13,507

 
1,284

 
3,816

 
14,763

 
18,579

 
(3,871
)
 
14,708

 
—

 
03/13/2007
Market at Town Center - Sugarland
 
8,600

 
26,627

 
23,949

 
8,600

 
50,576

 
59,176

 
(24,506
)
 
34,670

 
—

 
12/23/1996
Market at Westchase Shopping Center
 
1,199

 
5,821

 
2,662

 
1,415

 
8,267

 
9,682

 
(5,851
)
 
3,831

 
—

 
02/15/1991
Marketplace at Seminole Outparcel
 
1,000

 
—

 
1,500

 
1,046

 
1,454

 
2,500

 
(94
)
 
2,406

 
—

 
08/21/2006
Marketplace at Seminole Towne
 
15,067

 
53,743

 
6,144

 
21,665

 
53,289

 
74,954

 
(13,472
)
 
61,482

 
—

 
08/21/2006
Markham West Shopping Center
 
2,694

 
10,777

 
4,497

 
2,696

 
15,272

 
17,968

 
(8,107
)
 
9,861

 
—

 
09/18/1998
Marshall's Plaza
 
1,802

 
12,315

 
711

 
1,804

 
13,024

 
14,828

 
(3,773
)
 
11,055

 
—

 
06/01/2005
Mendenhall Commons
 
2,655

 
9,165

 
653

 
2,677

 
9,796

 
12,473

 
(2,677
)
 
9,796

 
—

 
11/13/2008
Menifee Town Center
 
1,827

 
7,307

 
4,998

 
1,824

 
12,308

 
14,132

 
(4,654
)
 
9,478

 
—

 
04/02/2001
Millpond Center
 
3,155

 
9,706

 
1,625

 
3,161

 
11,325

 
14,486

 
(3,790
)
 
10,696

 
—

 
07/28/2005
Mohave Crossroads
 
3,953

 
63

 
35,989

 
3,128

 
36,877

 
40,005

 
(18,669
)
 
21,336

 
—

 
12/31/2009
Monte Vista Village Center
 
1,485

 
58

 
5,630

 
755

 
6,418

 
7,173

 
(4,124
)
 
3,049

 
—

 
12/31/2004
 
 
Initial Cost to Company
 
 
 
Gross Amounts Carried at Close of Period
 
 
 
 
 
 
 
 
Description
 
Land
 
Building and
Improvements
 
Cost
Capitalized
Subsequent 
to
Acquisition
 
Land
 
Building and
Improvements
 
Total
(1)
 
Accumulated
Depreciation
 
Total Costs,
Net of
Accumulated
Depreciation
 
Encumbrances
(2)
 
Date of
Acquisition /
Construction
Moore Plaza
 
$
6,445

 
$
26,140

 
$
11,079

 
$
6,487

 
$
37,177

 
$
43,664

 
$
(18,783
)
 
$
24,881

 
$
—

 
03/20/1998
Mueller Regional Retail Center
 
10,382

 
56,303

 
282

 
10,382

 
56,585

 
66,967

 
(5,694
)
 
61,273

 
(33,953
)
 
10/03/2013
North Creek Plaza
 
6,915

 
25,625

 
4,823

 
6,954

 
30,409

 
37,363

 
(10,105
)
 
27,258

 
—

 
08/19/2004
North Towne Plaza
 
960

 
3,928

 
7,526

 
879

 
11,535

 
12,414

 
(8,120
)
 
4,294

 
(9,446
)
 
02/15/1990
North Towne Plaza
 
6,646

 
99

 
1,719

 
1,005

 
7,459

 
8,464

 
(2,163
)
 
6,301

 
—

 
04/01/2010
Northbrook Shopping Center
 
1,629

 
4,489

 
3,611

 
1,713

 
8,016

 
9,729

 
(6,741
)
 
2,988

 
(9,490
)
 
11/06/1967
Northwoods Shopping Center
 
1,768

 
7,071

 
448

 
1,772

 
7,515

 
9,287

 
(2,722
)
 
6,565

 
—

 
04/04/2002
Oak Forest Shopping Center
 
760

 
2,726

 
5,018

 
748

 
7,756

 
8,504

 
(5,764
)
 
2,740

 
(7,781
)
 
12/30/1976
Oak Grove Market Center
 
5,758

 
10,508

 
1,025

 
5,861

 
11,430

 
17,291

 
(2,730
)
 
14,561

 
—

 
06/15/2007
Oracle Crossings
 
4,614

 
18,274

 
29,183

 
10,582

 
41,489

 
52,071

 
(9,801
)
 
42,270

 
—

 
01/22/2007
Oracle Wetmore Shopping Center
 
24,686

 
26,878

 
7,078

 
13,813

 
44,829

 
58,642

 
(10,638
)
 
48,004

 
—

 
01/22/2007
Overton Park Plaza
 
9,266

 
37,789

 
11,944

 
9,264

 
49,735

 
58,999

 
(16,336
)
 
42,663

 
—

 
10/24/2003
Palmilla Center
 
1,258

 
—

 
12,956

 
2,882

 
11,332

 
14,214

 
(6,724
)
 
7,490

 
—

 
12/31/2002
Palms of Carrollwood
 
3,995

 
16,390

 
1,477

 
3,995

 
17,867

 
21,862

 
(2,285
)
 
19,577

 
—

 
12/23/2010
Paradise Marketplace
 
2,153

 
8,612

 
(2,083
)
 
1,197

 
7,485

 
8,682

 
(4,137
)
 
4,545

 
—

 
07/20/1995
Parliament Square II
 
2

 
10

 
1,183

 
3

 
1,192

 
1,195

 
(796
)
 
399

 
—

 
06/24/2005
Perimeter Village
 
29,701

 
42,337

 
3,701

 
34,404

 
41,335

 
75,739

 
(10,477
)
 
65,262

 
(32,901
)
 
07/03/2007
Phillips Crossing
 
—

 
1

 
28,208

 
872

 
27,337

 
28,209

 
(10,913
)
 
17,296

 
—

 
09/30/2009
Phoenix Office Building
 
1,696

 
3,255

 
1,175

 
1,773

 
4,353

 
6,126

 
(1,480
)
 
4,646

 
—

 
01/31/2007
Pike Center
 
—

 
40,537

 
2,157

 
—

 
42,694

 
42,694

 
(6,242
)
 
36,452

 
—

 
08/14/2012
Plantation Centre
 
3,463

 
14,821

 
1,871

 
3,471

 
16,684

 
20,155

 
(5,136
)
 
15,019

 
—

 
08/19/2004
Promenade 23
 
16,028

 
2,271

 
186

 
16,028

 
2,457

 
18,485

 
(493
)
 
17,992

 
—

 
03/25/2011
Prospector's Plaza
 
3,746

 
14,985

 
5,743

 
3,716

 
20,758

 
24,474

 
(6,820
)
 
17,654

 
—

 
04/02/2001
Pueblo Anozira Shopping Center
 
2,750

 
11,000

 
4,965

 
2,768

 
15,947

 
18,715

 
(9,092
)
 
9,623

 
(15,087
)
 
06/16/1994
Raintree Ranch Center
 
11,442

 
595

 
17,635

 
10,983

 
18,689

 
29,672

 
(9,723
)
 
19,949

 
—

 
03/31/2008
Rancho San Marcos Village
 
3,533

 
14,138

 
5,289

 
3,887

 
19,073

 
22,960

 
(6,612
)
 
16,348

 
—

 
02/26/2003
Rancho Towne & Country
 
1,161

 
4,647

 
716

 
1,166

 
5,358

 
6,524

 
(2,846
)
 
3,678

 
—

 
10/16/1995
Randalls Center/Kings Crossing
 
3,570

 
8,147

 
381

 
3,585

 
8,513

 
12,098

 
(5,212
)
 
6,886

 
—

 
11/13/2008
Red Mountain Gateway
 
2,166

 
89

 
9,480

 
2,737

 
8,998

 
11,735

 
(4,718
)
 
7,017

 
—

 
12/31/2003
Regency Centre
 
5,616

 
18,516

 
1,724

 
3,581

 
22,275

 
25,856

 
(5,969
)
 
19,887

 
—

 
07/28/2006
Reynolds Crossing
 
4,276

 
9,186

 
156

 
4,276

 
9,342

 
13,618

 
(2,261
)
 
11,357

 
—

 
09/14/2006
Richmond Square
 
1,993

 
953

 
13,594

 
14,512

 
2,028

 
16,540

 
(1,312
)
 
15,228

 
—

 
12/31/1996
Ridgeway Trace
 
26,629

 
544

 
20,383

 
15,573

 
31,983

 
47,556

 
(10,006
)
 
37,550

 
—

 
11/09/2006
River Oaks Shopping Center - East
 
1,354

 
1,946

 
390

 
1,363

 
2,327

 
3,690

 
(2,016
)
 
1,674

 
—

 
12/04/1992
River Oaks Shopping Center - West
 
3,534

 
17,741

 
35,856

 
4,207

 
52,924

 
57,131

 
(24,469
)
 
32,662

 
—

 
12/04/1992
 
 
Initial Cost to Company
 
 
 
Gross Amounts Carried at Close of Period
 
 
 
 
 
 
 
 
Description
 
Land
 
Building and
Improvements
 
Cost
Capitalized
Subsequent 
to
Acquisition
 
Land
 
Building and
Improvements
 
Total
(1)
 
Accumulated
Depreciation
 
Total Costs,
Net of
Accumulated
Depreciation
 
Encumbrances
(2)
 
Date of
Acquisition /
Construction
River Point at Sheridan
 
$
28,898

 
$
4,042

 
$
7,441

 
$
9,861

 
$
30,520

 
$
40,381

 
$
(6,617
)
 
$
33,764

 
$
—

 
04/01/2010
Roswell Corners
 
6,136

 
21,447

 
2,109

 
5,835

 
23,857

 
29,692

 
(7,023
)
 
22,669

 
(5,738
)
 
06/24/2004
Roswell Crossing Shopping Center
 
7,625

 
18,573

 
834

 
7,625

 
19,407

 
27,032

 
(3,027
)
 
24,005

 
—

 
07/18/2012
San Marcos Plaza
 
1,360

 
5,439

 
557

 
1,358

 
5,998

 
7,356

 
(2,311
)
 
5,045

 
—

 
04/02/2001
Scottsdale Horizon
 
—

 
3,241

 
38,162

 
12,914

 
28,489

 
41,403

 
(2,021
)
 
39,382

 
—

 
01/22/2007
Sea Ranch Centre
 
11,977

 
4,219

 
1,003

 
11,977

 
5,222

 
17,199

 
(747
)
 
16,452

 
—

 
03/06/2013
Shoppes at Bears Path
 
3,252

 
5,503

 
1,364

 
3,290

 
6,829

 
10,119

 
(2,058
)
 
8,061

 
—

 
03/13/2007
Shoppes at Memorial Villages
 
1,417

 
4,786

 
8,848

 
3,332

 
11,719

 
15,051

 
(7,691
)
 
7,360

 
—

 
01/11/2012
Shoppes of South Semoran
 
4,283

 
9,785

 
(1,570
)
 
4,745

 
7,753

 
12,498

 
(2,004
)
 
10,494

 
—

 
08/31/2007
Shops at Kirby Drive
 
1,201

 
945

 
276

 
1,202

 
1,220

 
2,422

 
(453
)
 
1,969

 
—

 
05/27/2008
Shops at Three Corners
 
6,215

 
9,303

 
10,119

 
10,587

 
15,050

 
25,637

 
(10,019
)
 
15,618

 
—

 
12/31/1989
Silver Creek Plaza
 
3,231

 
12,924

 
3,394

 
3,228

 
16,321

 
19,549

 
(6,545
)
 
13,004

 
(14,831
)
 
04/02/2001
Six Forks Shopping Center
 
6,678

 
26,759

 
6,226

 
6,728

 
32,935

 
39,663

 
(12,180
)
 
27,483

 
—

 
04/04/2002
South Fulton Crossing
 
14,373

 
154

 
(11,434
)
 
2,669

 
424

 
3,093

 
(2
)
 
3,091

 
—

 
01/10/2007
South Semoran - Pad
 
1,056

 
—

 
(129
)
 
927

 
—

 
927

 
—

 
927

 
—

 
09/06/2007
Southampton Center
 
4,337

 
17,349

 
3,035

 
4,333

 
20,388

 
24,721

 
(8,097
)
 
16,624

 
(19,090
)
 
04/02/2001
Southgate Shopping Center
 
232

 
8,389

 
417

 
232

 
8,806

 
9,038

 
(5,526
)
 
3,512

 
(5,644
)
 
03/20/2008
Squaw Peak Plaza
 
816

 
3,266

 
3,237

 
818

 
6,501

 
7,319

 
(3,156
)
 
4,163

 
—

 
12/20/1994
Stella Link Shopping Center
 
227

 
423

 
1,423

 
294

 
1,779

 
2,073

 
(1,591
)
 
482

 
—

 
07/10/1970
Stella Link Shopping Center
 
2,602

 
1,418

 
(1,307
)
 
2,602

 
111

 
2,713

 
(23
)
 
2,690

 
—

 
08/21/2007
Stonehenge Market
 
4,740

 
19,001

 
2,339

 
4,740

 
21,340

 
26,080

 
(8,087
)
 
17,993

 
—

 
04/04/2002
Stony Point Plaza
 
3,489

 
13,957

 
11,352

 
3,453

 
25,345

 
28,798

 
(8,784
)
 
20,014

 
(11,226
)
 
04/02/2001
Summerhill Plaza
 
1,945

 
7,781

 
2,790

 
1,943

 
10,573

 
12,516

 
(4,795
)
 
7,721

 
—

 
04/02/2001
Sunset 19 Shopping Center
 
5,519

 
22,076

 
1,765

 
5,547

 
23,813

 
29,360

 
(8,720
)
 
20,640

 
—

 
10/29/2001
Surf City Crossing
 
3,220

 
52

 
5,025

 
2,655

 
5,642

 
8,297

 
(1,927
)
 
6,370

 
—

 
12/06/2006
Tates Creek Centre
 
4,802

 
25,366

 
1,539

 
5,766

 
25,941

 
31,707

 
(8,056
)
 
23,651

 
—

 
03/01/2004
Taylorsville Town Center
 
2,179

 
9,718

 
2,440

 
4,091

 
10,246

 
14,337

 
(3,404
)
 
10,933

 
(850
)
 
12/19/2003
The Centre at Post Oak
 
13,731

 
115

 
23,857

 
17,822

 
19,881

 
37,703

 
(11,897
)
 
25,806

 
—

 
12/31/1996
The Commons at Dexter Lake
 
2,923

 
12,007

 
2,297

 
2,949

 
14,278

 
17,227

 
(5,196
)
 
12,031

 
—

 
11/13/2008
The Commons at Dexter Lake II
 
2,023

 
6,940

 
307

 
2,039

 
7,231

 
9,270

 
(1,900
)
 
7,370

 
—

 
11/13/2008
The Shoppes at Parkwood Ranch
 
4,369

 
52

 
10,382

 
2,420

 
12,383

 
14,803

 
(5,739
)
 
9,064

 
—

 
12/31/2009
The Westside Center
 
14,952

 
10,350

 
—

 
14,952

 
10,350

 
25,302

 
—

 
25,302

 
—

 
12/22/2015
Thompson Bridge Commons
 
604

 
—

 
625

 
513

 
716

 
1,229

 
(94
)
 
1,135

 
—

 
04/26/2005
Thousand Oaks Shopping Center
 
2,973

 
13,142

 
1,009

 
2,973

 
14,151

 
17,124

 
(4,677
)
 
12,447

 
(9,922
)
 
03/20/2008
TJ Maxx Plaza
 
3,400

 
19,283

 
1,969

 
3,430

 
21,222

 
24,652

 
(6,859
)
 
17,793

 
—

 
03/01/2004
 
 
Initial Cost to Company
 
 
 
Gross Amounts Carried at Close of Period
 
 
 
 
 
 
 
 
Description
 
Land
 
Building and
Improvements
 
Cost
Capitalized
Subsequent 
to
Acquisition
 
Land
 
Building and
Improvements
 
Total
(1)
 
Accumulated
Depreciation
 
Total Costs,
Net of
Accumulated
Depreciation
 
Encumbrances
(2)
 
Date of
Acquisition /
Construction
Tomball Marketplace
 
$
9,616

 
$
262

 
$
23,162

 
$
8,132

 
$
24,908

 
$
33,040

 
$
(8,090
)
 
$
24,950

 
$
—

 
04/12/2006
Trenton Crossing/North McAllen
 
9,855

 
29,133

 
—

 
9,855

 
29,133

 
38,988

 
(294
)
 
38,694

 
—

 
08/31/2015
Tropicana Beltway Center
 
13,947

 
42,186

 
1,085

 
13,949

 
43,269

 
57,218

 
(13,554
)
 
43,664

 
—

 
11/20/2007
Tropicana Marketplace
 
2,118

 
8,477

 
(1,587
)
 
1,206

 
7,802

 
9,008

 
(3,941
)
 
5,067

 
—

 
07/24/1995
Valley Shopping Center
 
4,293

 
13,736

 
1,608

 
8,910

 
10,727

 
19,637

 
(2,898
)
 
16,739

 
—

 
04/07/2006
Valley View Shopping Center
 
1,006

 
3,980

 
2,219

 
1,006

 
6,199

 
7,205

 
(3,424
)
 
3,781

 
—

 
11/20/1996
Vizcaya Square Shopping Center
 
3,044

 
12,226

 
1,749

 
3,044

 
13,975

 
17,019

 
(4,544
)
 
12,475

 
—

 
12/18/2002
Wake Forest Crossing I
 
2,897

 
10,060

 
—

 
2,897

 
10,060

 
12,957

 
(83
)
 
12,874

 
—

 
09/25/2015
Waterford Village
 
5,830

 
—

 
8,103

 
2,893

 
11,040

 
13,933

 
(5,151
)
 
8,782

 
—

 
06/11/2004
Wellington Green Commons
 
14,212

 
32,305

 
41

 
14,212

 
32,346

 
46,558

 
(633
)
 
45,925

 
(19,748
)
 
04/20/2015
Wellington Green Pad Sites
 
2,288

 
184

 
—

 
2,288

 
184

 
2,472

 
(12
)
 
2,460

 
—

 
04/20/2015
West Jordan Town Center
 
4,306

 
17,776

 
2,121

 
4,308

 
19,895

 
24,203

 
(6,225
)
 
17,978

 
—

 
12/19/2003
Westchase Shopping Center
 
3,085

 
7,920

 
10,245

 
3,189

 
18,061

 
21,250

 
(12,219
)
 
9,031

 
—

 
08/29/1978
Westhill Village Shopping Center
 
408

 
3,002

 
5,637

 
437

 
8,610

 
9,047

 
(5,252
)
 
3,795

 
—

 
05/01/1958
Westland Fair
 
27,562

 
10,506

 
(8,749
)
 
12,220

 
17,099

 
29,319

 
(8,580
)
 
20,739

 
—

 
12/29/2000
Westminster Center
 
11,215

 
44,871

 
8,354

 
11,204

 
53,236

 
64,440

 
(20,973
)
 
43,467

 
(41,233
)
 
04/02/2001
Whitehall Commons
 
2,529

 
6,901

 
569

 
2,522

 
7,477

 
9,999

 
(2,157
)
 
7,842

 
—

 
10/06/2005
Whole Foods @ Carrollwood
 
2,772

 
126

 
4,634

 
2,854

 
4,678

 
7,532

 
(643
)
 
6,889

 
—

 
09/30/2011
Winter Park Corners
 
2,159

 
8,636

 
1,326

 
2,159

 
9,962

 
12,121

 
(3,845
)
 
8,276

 
—

 
09/06/2001
 
 
952,989

 
2,269,060

 
766,804

 
922,346

 
3,066,507

 
3,988,853

 
(1,054,612
)
 
2,934,241

 
(431,848
)
 
 
New Development:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Hilltop Village Center
 
3,196

 
7,234

 
51,408

 
4,055

 
57,783

 
61,838

 
(3,588
)
 
58,250

 
—

 
11/17/2011
Nottingham Commons
 
19,523

 
2,398

 
3,530

 
20,551

 
4,900

 
25,451

 
(37
)
 
25,414

 
—

 
09/24/2014
Wake Forest Crossing II
 
3,155

 
2,617

 
12,123

 
3,332

 
14,563

 
17,895

 
(204
)
 
17,691

 
—

 
06/04/2014
 
 
25,874

 
12,249

 
67,061

 
27,938

 
77,246

 
105,184

 
(3,829
)
 
101,355

 
—

 
 
Miscellaneous (not to exceed 5% of total)
 
122,603

 
9,201

 
37,118

 
92,565

 
76,357

 
168,922

 
(29,201
)
 
139,721

 
—

 
 
Total of Portfolio
 
$
1,101,466

 
$
2,290,510

 
$
870,983

 
$
1,042,849

 
$
3,220,110

 
$
4,262,959

 
$
(1,087,642
)
 
$
3,175,317

 
$
(431,848
)
 
 
___________________
(1)
The book value of our net fixed asset exceeds the tax basis by approximately $228.0 million at December 31, 2015.
(2)
Encumbrances do not include $27.7 million outstanding under fixed-rate mortgage debt associated with three properties each held in a tenancy-in-common arrangement, $1.9 million of deferred debt costs and $5.1 million of non-cash debt related items.
Depreciation is computed using the straight-line method, generally over estimated useful lives of 18-40 years for buildings and 10-20 years for parking lot surfacing and equipment. Tenant and leasehold improvements are depreciated over the remaining life of the lease or the useful life whichever is shorter.
The changes in total cost of the properties were as follows (in thousands):
 
Year Ended December 31,
 
2015
 
2014
 
2013
Balance at beginning of year
$
4,076,094

 
$
4,289,276

 
$
4,399,850

Additions at cost
319,789

 
144,474

 
279,624

Retirements or sales
(79,608
)
 
(348,221
)
 
(232,823
)
Property held for sale
(53,163
)
 
(9,435
)
 
(155,017
)
Impairment loss
(153
)
 
—

 
(2,358
)
Balance at end of year
$
4,262,959

 
$
4,076,094

 
$
4,289,276

The changes in accumulated depreciation were as follows (in thousands):
 
Year Ended December 31,
 
2015
 
2014
 
2013
Balance at beginning of year
$
1,028,619

 
$
1,058,040

 
$
1,040,839

Additions at cost
120,426

 
125,226

 
130,698

Retirements or sales
(42,603
)
 
(148,882
)
 
(81,094
)
Property held for sale
(18,800
)
 
(5,765
)
 
(32,403
)
Balance at end of year
$
1,087,642

 
$
1,028,619

 
$
1,058,040