XML 41 R29.htm IDEA: XBRL DOCUMENT v3.19.1
Investment In Real Estate Joint Ventures And Partnerships (Tables)
3 Months Ended
Mar. 31, 2019
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):
 
March 31,
2019
 
December 31,
2018
Combined Condensed Balance Sheets
 
 
 
ASSETS
 
 
 
Property
$
1,285,877

 
$
1,268,557

Accumulated depreciation
(312,192
)
 
(305,327
)
Property, net
973,685

 
963,230

Other assets, net
104,048

 
104,267

Total Assets
$
1,077,733

 
$
1,067,497

LIABILITIES AND EQUITY
 
 
 
Debt, net (primarily mortgages payable)
$
267,766

 
$
269,113

Amounts payable to Weingarten Realty Investors and Affiliates
11,694

 
11,732

Other liabilities, net
25,949

 
24,717

Total Liabilities
305,409

 
305,562

Equity
772,324

 
761,935

Total Liabilities and Equity
$
1,077,733

 
$
1,067,497

Schedule Of Combined Condensed Statements Of Operations
 
Three Months Ended
March 31,
 
2019
 
2018
Combined Condensed Statements of Operations
 
 
 
Revenues, net
$
32,515

 
$
33,886

Expenses:
 
 
 
Depreciation and amortization
7,849

 
8,043

Interest, net
2,459

 
3,524

Operating
6,100

 
6,428

Real estate taxes, net
4,535

 
4,942

General and administrative
69

 
225

Provision for income taxes
33

 
36

Total
21,045

 
23,198

Gain on dispositions
535

 
3,533

Net income
$
12,005

 
$
14,221