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Investments in Unconsolidated Joint Ventures (Tables)
 12 Months Ended
Dec. 31, 2017
Investments In Unconsolidated Joint Ventures [Abstract]  
Investments In Unconsolidated Joint Ventures
The investments in unconsolidated joint ventures consist of the following at December 31, 2017 and 2016:
 
 
 
 
 
 
Carrying Value of Investment (1)
Entity
 
Properties
 
Nominal %
Ownership
 
December 31,
2017
 
December 31,
2016
 
 
 
 
 
 
(in thousands)
Square 407 Limited Partnership
 
Market Square North
 
50.0
%
 
$
(8,258
)
 
$
(8,134
)
The Metropolitan Square Associates LLC
 
Metropolitan Square
 
20.0
%
 
3,339

 
2,004

BP/CRF 901 New York Avenue LLC
 
901 New York Avenue
 
25.0
%
(2) 
(13,811
)
 
(10,564
)
WP Project Developer LLC
 
Wisconsin Place Land and Infrastructure
 
33.3
%
(3) 
39,710

 
41,605

Annapolis Junction NFM, LLC
 
Annapolis Junction
 
50.0
%
(4) 
18,381

 
20,539

540 Madison Venture LLC
 
540 Madison Avenue
 
60.0
%
 
66,179

 
67,816

500 North Capitol Venture LLC
 
500 North Capitol Street, NW
 
30.0
%
 
(3,876
)
 
(3,389
)
501 K Street LLC
 
1001 6th Street
 
50.0
%
(5) 
42,657

 
42,528

Podium Developer LLC
 
The Hub on Causeway
 
50.0
%
 
67,120

 
29,869

Residential Tower Developer LLC
 
The Hub on Causeway - Residential
 
50.0
%
(6)
28,212

 
20,803

Hotel Tower Developer LLC
 
The Hub on Causeway - Hotel
 
50.0
%
 
1,690

 
933

1265 Main Office JV LLC
 
1265 Main Street
 
50.0
%
 
4,641

 
4,779

BNY Tower Holdings LLC
 
Dock 72 at the Brooklyn Navy Yard
 
50.0
%
 
72,104

 
33,699

CA-Colorado Center Limited Partnership
 
Colorado Center
 
50.0
%
 
254,440

 
510,623

7750 Wisconsin Avenue LLC
 
7750 Wisconsin Avenue
 
50.0
%
(6)
21,452

 
N/A

 
 
 
 
 
 
$
593,980

 
$
753,111

 _______________
(1)
Investments with deficit balances aggregating approximately $25.9 million and $22.1 million at December 31, 2017 and 2016, respectively, have been reflected within Other Liabilities in the Company’s Consolidated Balance Sheets.
(2)
The Company’s economic ownership has increased based on the achievement of certain return thresholds.
(3)
The Company’s wholly-owned subsidiary that owns Wisconsin Place Office also owns a 33.3% interest in the joint venture entity that owns the land, parking garage and infrastructure of the project.
(4)
The joint venture owns four in-service buildings and two undeveloped land parcels.
(5)
Under the joint venture agreement for this land parcel, the partner will be entitled to up to two additional payments from the venture based on increases in total entitled square footage of the project above 520,000 square feet and achieving certain project returns at stabilization.
(6)
This entity is a VIE (See Note 2).
Schedule Of Balance Sheets Of The Unconsolidated Joint Ventures [Text Block]
The combined summarized balance sheets of the Company’s unconsolidated joint ventures are as follows: 
 
December 31,
2017
 
December 31,
2016
 
(in thousands)
ASSETS
 
 
 
Real estate and development in process, net
$
1,768,996

 
$
1,519,217

Other assets
367,743

 
297,263

Total assets
$
2,136,739

 
$
1,816,480

LIABILITIES AND MEMBERS’/PARTNERS’ EQUITY
 
 
 
Mortgage and notes payable, net
$
1,437,440

 
$
865,665

Other liabilities
99,215

 
67,167

Members’/Partners’ equity
600,084

 
883,648

Total liabilities and members’/partners’ equity
$
2,136,739

 
$
1,816,480

Company’s share of equity
$
286,495

 
$
450,662

Basis differentials (1)
307,485

 
302,449

Carrying value of the Company’s investments in unconsolidated joint ventures (2)
$
593,980

 
$
753,111

 _______________
(1)
This amount represents the aggregate difference between the Company’s historical cost basis and the basis reflected at the joint venture level, which is typically amortized over the life of the related assets and liabilities. Basis differentials result from impairments of investments, acquisitions through joint ventures with no change in control and upon the transfer of assets that were previously owned by the Company into a joint venture. In addition, certain acquisition, transaction and other costs may not be reflected in the net assets at the joint venture level. At December 31, 2017 and 2016, there was an aggregate basis differential of approximately $322.5 million and $328.8 million, respectively, between the carrying value of the Company’s investment in the joint venture that owns Colorado Center and the joint venture’s basis in the assets and liabilities, which differential (excluding land) shall be amortized over the remaining lives of the related assets and liabilities.
(2)
Investments with deficit balances aggregating approximately $25.9 million and $22.1 million at December 31, 2017 and 2016, respectively, have been reflected within Other Liabilities in the Company’s Consolidated Balance Sheets.
Statements Of Operations Of The Joint Ventures
The combined summarized statements of operations of the Company’s unconsolidated joint ventures are as follows: 
 
For the year ended December 31,
 
2017
 
2016
 
2015
 
(in thousands)
Total revenue (1)
$
222,517

 
$
177,182

 
$
155,642

Expenses
 
 
 
 
 
Operating
90,542

 
76,741

 
65,093

Depreciation and amortization
57,079

 
44,989

 
36,057

Total expenses
147,621

 
121,730

 
101,150

Operating income
74,896

 
55,452

 
54,492

Other expense
 
 
 
 
 
Interest expense
(46,371
)
 
(34,016
)
 
(32,176
)
Net income
$
28,525

 
$
21,436

 
$
22,316

 
 
 
 
 
 
Company’s share of net income (2)
$
18,439

 
$
9,873

 
$
22,031

Basis differential (3)
(7,207
)
 
(1,799
)
 
739

Income from unconsolidated joint ventures
$
11,232

 
$
8,074

 
$
22,770

 
 
 
 
 
 
Gain on sale of investment in unconsolidated joint venture
$
—

 
$
59,370

 
$
—

_______________ 
(1)
Includes straight-line rent adjustments of approximately $21.7 million, $18.1 million and $3.9 million for the years ended December 31, 2017, 2016 and 2015, respectively.
(2)
During the year ended December 31, 2015, the Company received a distribution of approximately $24.5 million, which was generated from the excess loan proceeds from the refinancing of 901 New York Avenue’s mortgage loan to a new 10-year mortgage loan totaling $225.0 million. The Company’s allocation of income and distributions for the year ended December 31, 2015 was not proportionate to its nominal ownership interest as a result of the achievement of specified investment return thresholds, as provided for in the joint venture agreement.
(3)
Includes straight-line rent adjustments of approximately $1.9 million and $1.4 million for the years ended December 31, 2017 and 2016, respectively. Also includes net above-/below-market rent adjustments of approximately $2.9 million and $0.9 million for the years ended December 31, 2017 and 2016, respectively.