Share Options and Awards (Tables)

9 Months Ended

Sep. 30, 2019

Share-based Payment Arrangement [Abstract]

Fair Value Of Market-Based Share Awards Assumptions

The fair value of the market-based share awards was estimated on the date of grant using a Monte Carlo valuation model based on the following assumptions:

	Nine Months Ended September 30, 2019
	Minimum		Maximum
Dividend yield	0.0	%	5.5	%
Expected volatility (1)	19.3	%	21.3	%
Expected life (in years)	N/A		3
Risk-free interest rate	2.4	%	2.6	%

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(1)    Includes the volatility of the FTSE NAREIT U.S. Shopping Center Index and Weingarten Realty Investors.

Summary Of The Status Of Unvested Share Awards

A summary of the status of unvested share awards for the nine months ended September 30, 2019 is as follows:

	Unvested Share Awards		Weighted Average  Grant Date Fair  Value
Outstanding, January 1, 2019	674,293		$	30.26
Granted:
Service-based awards	177,755		28.58
Market-based awards relative to FTSE NAREIT U.S. Shopping Center Index	80,848		30.20
Market-based awards relative to three-year absolute TSR	80,847		32.91
Trust manager awards	27,768		29.17
Vested	(234,646	)	32.14
Forfeited	(5,119	)	29.97
Outstanding, September 30, 2019	801,746		$	29.56