XML 41 R30.htm IDEA: XBRL DOCUMENT v3.5.0.2
Investment In Real Estate Joint Ventures And Partnerships (Tables)
9 Months Ended
Sep. 30, 2016
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):
 
September 30,
2016
 
December 31,
2015
Combined Condensed Balance Sheets
 
 
 
ASSETS
 
 
 
Property
$
1,211,468

 
$
1,290,784

Accumulated depreciation
(255,352
)
 
(293,474
)
Property, net
956,116

 
997,310

Other assets, net
109,647

 
130,251

Total Assets
$
1,065,763

 
$
1,127,561

LIABILITIES AND EQUITY
 
 
 
Debt, net (primarily mortgages payable)
$
314,251

 
$
345,186

Amounts payable to Weingarten Realty Investors and Affiliates
8,544

 
12,285

Other liabilities, net
30,675

 
29,509

Total Liabilities
353,470

 
386,980

Equity
712,293

 
740,581

Total Liabilities and Equity
$
1,065,763

 
$
1,127,561

Schedule Of Combined Condensed Statements Of Operations
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2016
 
2015
 
2016
 
2015
Combined Condensed Statements of Operations
 
 
 
 
 
 
 
Revenues, net
$
33,875

 
$
37,549

 
$
103,943

 
$
111,254

Expenses:
 
 
 
 
 
 
 
Depreciation and amortization
9,079

 
9,369

 
29,065

 
27,952

Interest, net
3,300

 
4,199

 
12,930

 
12,851

Operating
5,922

 
6,338

 
19,883

 
19,574

Real estate taxes, net
4,223

 
4,678

 
13,209

 
13,935

General and administrative
233

 
124

 
688

 
659

Provision for income taxes
42

 
34

 
70

 
145

Impairment loss

 

 
1,303

 
7,487

Total
22,799

 
24,742

 
77,148

 
82,603

Gain on sale of non-operating property

 

 
373

 

Gain on dispositions
71

 

 
12,662

 
1,393

Net income
$
11,147

 
$
12,807

 
$
39,830

 
$
30,044