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Subsequent Events
12 Months Ended
Dec. 31, 2015
Subsequent Events [Abstract]  
Subsequent Events
Subsequent Events
As of December 31, 2015, we held a combined 51% interest in an unconsolidated real estate joint venture that owns three centers in Colorado with total assets and debt of $43.7 million and $72.4 million, respectively. In February 2016, in exchange for our partners' aggregate 49% interest in this venture and $2.5 million in cash, we distributed one center to our partners. We will consolidate this venture as of the transaction date and re-measure our investment in this venture to its fair value, and recognize a gain, if applicable. The fair value of the acquired properties will primarily be allocated to building, land and other identifiable intangible assets and liabilities.
In February 2016, our deferred compensation plan was amended. Effective April 1, 2016, participants in this plan will be allowed to diversify their common shares of beneficial interest of Weingarten Realty Investors six months after vesting.
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