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Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenue:    
Rents $ 116,296 $ 117,362
Tenant reimbursements 19,332 22,532
Termination fees 1,497 568
Third party management fees, labor reimbursement and leasing 3,142 2,753
Other 1,534 1,083
Total revenue 141,801 144,298
Operating Expenses:    
Property operating expenses 40,197 45,002
Real estate taxes 14,333 13,958
Third party management expenses 1,250 1,510
Depreciation and amortization 50,502 50,295
General and administrative expenses 6,050 6,244
Total operating expenses 112,332 117,009
Operating income 29,469 27,289
Other Income (Expense):    
Interest income 483 441
Interest expense (34,144) (32,393)
Interest expense - amortization of deferred financing costs (1,311) (928)
Interest expense — financing obligation (182) 0
Equity in income of real estate ventures 44 1,233
Net gain on sale of interests in real estate 0 2,791
Gain (loss) on early extinguishment of debt (248) 0
Income (loss) from continuing operations (5,889) (1,567)
Discontinued operations:    
Income from discontinued operations 557 1,077
Net gain (loss) on disposition of discontinued operations 14,668 0
Total discontinued operations 15,225 1,077
Net income (loss) 9,336 (490)
Net income from discontinued operations attributable to non-controlling interests - LP units (279) (22)
Net (income) loss attributable to non-controlling interests - LP units 145 73
Net (income) loss attributable to non-controlling interests (134) 51
Net income (loss) attributable to Brandywine Realty Trust 9,202 (439)
Distribution to Preferred Shares (1,998) (1,998)
Amount allocated to unvested restricted shareholders (96) (142)
Net income (loss) attributable to Common Shareholders of Brandywine Realty Trust 7,108 (2,579)
Basic income (loss) per Common Share:    
Continuing operations (in dollars per share) $ (0.05) $ (0.03)
Discontinued operations (in dollars per share) $ 0.10 $ 0.01
Basic income (loss) per Common Share (in dollars per share) $ 0.05 $ (0.02)
Diluted income (loss) per Common Share:    
Continuing operations (in dollars per share) $ (0.05) $ (0.03)
Discontinued operations (in dollars per share) $ 0.10 $ 0.01
Diluted income (loss) per Common Share (in dollars per share) $ 0.05 $ (0.02)
Basic weighted average shares outstanding (in shares) 142,820,955 134,577,421
Diluted weighted average shares outstanding (in shares) 142,820,955 134,577,421
Net income (loss) attributable to Brandywine Realty Trust    
Income (loss) from continuing operations (5,744) (1,494)
Income (loss) from discontinued operations 14,946 1,055
Net income (loss) 9,202 (439)
BRANDYWINE OPERATING PARTNERSHIP, L.P.
   
Revenue:    
Rents 116,296 117,362
Tenant reimbursements 19,332 22,532
Termination fees 1,497 568
Third party management fees, labor reimbursement and leasing 3,142 2,753
Other 1,534 1,083
Total revenue 141,801 144,298
Operating Expenses:    
Property operating expenses 40,197 45,002
Real estate taxes 14,333 13,958
Third party management expenses 1,250 1,510
Depreciation and amortization 50,502 50,295
General and administrative expenses 6,050 6,244
Total operating expenses 112,332 117,009
Operating income 29,469 27,289
Other Income (Expense):    
Interest income 483 441
Interest expense (34,144) (32,393)
Interest expense - amortization of deferred financing costs (1,311) (928)
Interest expense — financing obligation (182) 0
Equity in income of real estate ventures 44 1,233
Net gain on sale of interests in real estate 0 2,791
Gain (loss) on early extinguishment of debt (248) 0
Income (loss) from continuing operations (5,889) (1,567)
Discontinued operations:    
Income from discontinued operations 557 1,077
Net gain (loss) on disposition of discontinued operations 14,668 0
Total discontinued operations 15,225 1,077
Net income (loss) 9,336 (490)
Net income (loss) attributable to Brandywine Realty Trust 9,336 (490)
Distribution to Preferred Shares (1,998) (1,998)
Amount allocated to unvested restricted shareholders (96) (142)
Net income (loss) attributable to Common Shareholders of Brandywine Realty Trust 7,242 (2,630)
Basic income (loss) per Common Share:    
Continuing operations (in dollars per share) $ (0.05) $ (0.03)
Discontinued operations (in dollars per share) $ 0.10 $ 0.01
Basic income (loss) per Common Share (in dollars per share) $ 0.05 $ (0.02)
Diluted income (loss) per Common Share:    
Continuing operations (in dollars per share) $ (0.05) $ (0.03)
Discontinued operations (in dollars per share) $ 0.10 $ 0.01
Diluted income (loss) per Common Share (in dollars per share) $ 0.05 $ (0.02)
Basic weighted average shares outstanding (in shares) 145,485,422 144,480,173
Diluted weighted average shares outstanding (in shares) 145,485,422 144,480,173
Net income (loss) attributable to Brandywine Realty Trust    
Income (loss) from continuing operations (5,889) (1,567)
Income (loss) from discontinued operations 15,225 1,077
Net income (loss) $ 9,336 $ (490)