Investment In Real Estate Joint Ventures And Partnerships (Tables)

9 Months Ended

Sep. 30, 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):

	September 30, 2019			December 31, 2018
Combined Condensed Balance Sheets
ASSETS
Property	$	1,374,095		$	1,268,557
Accumulated depreciation	(325,426		)	(305,327		)
Property, net	1,048,669			963,230
Other assets, net	105,161			104,267
Total Assets	$	1,153,830		$	1,067,497
LIABILITIES AND EQUITY
Debt, net (primarily mortgages payable)	$	265,455		$	269,113
Amounts payable to Weingarten Realty Investors and Affiliates	12,057			11,732
Other liabilities, net	28,162			24,717
Total Liabilities	305,674			305,562
Equity	848,156			761,935
Total Liabilities and Equity	$	1,153,830		$	1,067,497

Schedule Of Combined Condensed Statements Of Operations

	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018
Combined Condensed Statements of Operations
Revenues, net	$	33,853	$	33,626	$	99,245	$	100,322
Expenses:
Depreciation and amortization	7,914		7,925		23,409		24,164
Interest, net	2,336		2,974		7,286		9,478
Operating	6,035		6,001		17,820		18,074
Real estate taxes, net	4,891		4,728		13,948		14,861
General and administrative	110		253		422		573
Provision for income taxes	34		33		103		106
Total	21,320		21,914		62,988		67,256
Gain on dispositions	—		4,052		2,009		9,491
Net income	$	12,533	$	15,764	$	38,266	$	42,557