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Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenue:    
Rents $ 121,671 $ 114,608
Tenant reimbursements 23,460 20,341
Termination fees 2,203 496
Third party management fees, labor reimbursement and leasing 4,150 3,236
Other 630 873
Total revenue 152,114 139,554
Expenses:    
Property operating expenses 46,801 39,349
Real estate taxes 13,457 14,295
Third party management expenses 1,716 1,425
Depreciation and amortization 52,570 49,476
General and administrative expenses 8,181 6,551
Total operating expenses 122,725 111,096
Operating Income 29,389 28,458
Other income (expense):    
Interest income 385 58
Interest expense (31,844) (30,914)
Interest expense — amortization of deferred financing costs (1,189) (1,161)
Interest expense — financing obligation (272) (218)
Equity in income of real estate ventures 242 1,535
Net Gain (Loss) On Real Estate Venture Transactions, including real estate venture formation (135) 0
Gain on sale of undepreciated real estate 1,187 0
Loss on early extinguishment of debt 0 (3)
Loss from continuing operations (2,237) (2,245)
Discontinued operations:    
Income (Loss) from discontinued operations (8) 860
Net gain on disposition of discontinued operations 0 5,304
Total discontinued operations (8) 6,164
Net income (loss) (2,245) 3,919
Discontinued operations attributable to non-controlling interests, Basic 0 (78)
Net income attributable to non-controlling interest — partners' share of consolidated real estate ventures (12) 0
Net (income) loss attributable to non-controlling interests — LP units 44 50
Net (income) loss attributable to non-controlling interests 32 (28)
Net income (loss) attributable to Brandywine Realty Trust (2,213) 3,891
Distribution to Preferred Shares (1,725) (1,725)
Nonforfeitable dividends allocated to unvested restricted shareholders (103) (108)
Net income (loss) attributable to Common Shareholders of Brandywine Realty Trust (4,041) 2,058
Basic income (loss) per Common Share:    
Continuing operations $ (0.03) $ (0.03)
Discontinued operations $ 0.00 $ 0.04
Net income (loss) attributable to common shareholders/unitholders, Basic $ (0.03) $ 0.01
Diluted income (loss) per Common Share:    
Continuing operations $ (0.03) $ (0.03)
Discontinued operations $ 0.00 $ 0.04
Net income attributable to common shareholders/unitholders, Diluted $ (0.03) $ 0.01
Weighted Average Number of Shares Outstanding, Basic 156,794,019 143,605,659
Weighted Average Number of Shares Outstanding, Diluted 156,794,019 143,605,659
Net income (loss) attributable to Brandywine Realty Trust    
Total continuing operations (2,205) (2,195)
Total discontinued operations (8) 6,086
Net income (2,245) 3,919
Net income (Loss) attributable to Brandywine Realty Trust (2,213) 3,891
BRANDYWINE OPERATING PARTNERSHIP, L.P.
   
Revenue:    
Rents 121,671 114,608
Tenant reimbursements 23,460 20,341
Termination fees 2,203 496
Third party management fees, labor reimbursement and leasing 4,150 3,236
Other 630 873
Total revenue 152,114 139,554
Expenses:    
Property operating expenses 46,801 39,349
Real estate taxes 13,457 14,295
Third party management expenses 1,716 1,425
Depreciation and amortization 52,570 49,476
General and administrative expenses 8,181 6,551
Total operating expenses 122,725 111,096
Operating Income 29,389 28,458
Other income (expense):    
Interest income 385 58
Interest expense (31,844) (30,914)
Interest expense — amortization of deferred financing costs (1,189) (1,161)
Interest expense — financing obligation (272) (218)
Equity in income of real estate ventures 242 1,535
Net Gain (Loss) On Real Estate Venture Transactions, including real estate venture formation (135) 0
Gain on sale of undepreciated real estate 1,187 0
Loss on early extinguishment of debt 0 (3)
Loss from continuing operations (2,237) (2,245)
Discontinued operations:    
Income (Loss) from discontinued operations (8) 860
Net gain on disposition of discontinued operations 0 5,304
Total discontinued operations (8) 6,164
Net income (loss) (2,245) 3,919
Net income attributable to non-controlling interest — partners' share of consolidated real estate ventures (12) 0
Net income (loss) attributable to Brandywine Realty Trust (2,257) 3,919
Distribution to Preferred Shares (1,725) (1,725)
Nonforfeitable dividends allocated to unvested restricted shareholders (103) (108)
Net income (loss) attributable to Common Shareholders of Brandywine Realty Trust (4,085) 2,086
Basic income (loss) per Common Share:    
Continuing operations $ (0.03) $ (0.03)
Discontinued operations $ 0.00 $ 0.04
Net income (loss) attributable to common shareholders/unitholders, Basic $ (0.03) $ 0.01
Diluted income (loss) per Common Share:    
Continuing operations $ (0.03) $ (0.03)
Discontinued operations $ 0.00 $ 0.04
Net income attributable to common shareholders/unitholders, Diluted $ (0.03) $ 0.01
Weighted Average Number of Shares Outstanding, Basic 158,557,758 145,451,396
Weighted Average Number of Shares Outstanding, Diluted 158,557,758 145,451,396
Net income (loss) attributable to Brandywine Realty Trust    
Total continuing operations (2,249) (2,245)
Total discontinued operations (8) 6,164
Net income (2,245) 3,919
Net income (Loss) attributable to Brandywine Realty Trust $ (2,257) $ 3,919