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Share Options and Awards (Tables)
6 Months Ended
Jun. 30, 2021
Share-based Payment Arrangement [Abstract]  
Fair Value Of Market-Based Share Awards Assumptions

Six Months Ended

June 30, 2021

Minimum

Maximum

Dividend yield

    

3.5

%  

6.0

%

Expected volatility (1)

 

44.0

%  

46.0

%

Expected life (in years)

 

N/A

 

3

Risk-free interest rate

 

0.0

%  

0.16

%

(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

    

    

Weighted

Average

Unvested

Grant

Share

Date Fair

Awards

Value

Outstanding, January 1, 2021

 

856,295

$

28.00

Granted:

 

  

 

  

Service-based awards

 

226,379

 

20.90

Market-based awards relative to FTSE NAREIT U.S. Shopping Center Index

 

104,046

 

22.28

Market-based awards relative to three-year absolute TSR

 

104,045

 

21.90

Trust manager awards

 

17,898

 

32.48

Vested

 

(267,205)

 

25.49

Forfeited

 

(1,052)

 

24.43

Outstanding, June 30, 2021

 

1,040,406

$

26.00