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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Real estate investments:    
Operating properties $ 4,700,839 $ 4,603,692
Accumulated depreciation (1,088,681) (1,067,829)
Operating real estate investments, net 3,612,158 3,535,863
Construction-in-progress 263,772 201,360
Land inventory 119,995 90,603
Total real estate investments, net 3,995,925 3,827,826
Cash and cash equivalents 123,982 257,502
Accounts receivable, net 22,294 18,757
Accrued rent receivable, net 138,905 134,051
Assets held for sale, net 0 18,295
Investment in Real Estate Ventures, at equity 201,034 225,004
Deferred costs, net 126,567 125,224
Intangible assets, net 137,290 99,403
Mortgage note receivable 0 88,000
Other assets 68,313 65,111
Total assets 4,814,310 4,859,173
LIABILITIES AND BENEFICIARIES’ EQUITY    
Mortgage notes payable 646,512 654,590
Unsecured term loans 200,000 200,000
Unsecured senior notes, net of discounts 1,597,267 1,596,718
Accounts payable and accrued expenses 98,897 96,046
Distributions payable 29,021 28,871
Deferred income, gains and rent 54,595 59,452
Acquired lease intangibles, net 31,565 26,010
Other liabilities 40,647 37,558
Liabilities related to assets held for sale 0 602
Total liabilities $ 2,698,504 $ 2,699,847
Commitments and contingencies    
Brandywine Operating Partnership, L.P.’s equity:    
6.90% Series E Preferred Shares, $0.01 par value; issued and outstanding- 4,000,000 in 2015 and 2014 $ 40 $ 40
Common Shares of Brandywine Realty Trust’s beneficial interest, $0.01 par value; shares authorized 400,000,000; 179,898,121 and 179,293,160 issued and outstanding in 2015 and 2014, respectively 1,799 1,793
Additional paid-in capital 3,317,751 3,314,693
Deferred compensation payable in common shares 11,996 6,219
Common shares in grantor trust, 748,045 in 2015 and 384,536 in 2014 (11,996) (6,219)
Cumulative earnings 541,079 529,487
Accumulated other comprehensive loss (5,651) (4,607)
Cumulative distributions (1,758,294) (1,700,579)
Total Brandywine Realty Trust’s equity 2,096,724 2,140,827
Non-controlling interests 19,082 18,499
Total beneficiaries' equity 2,115,806 2,159,326
Total liabilities and beneficiaries' equity 4,814,310 4,859,173
BRANDYWINE OPERATING PARTNERSHIP, L.P.    
Real estate investments:    
Operating properties 4,700,839 4,603,692
Accumulated depreciation (1,088,681) (1,067,829)
Operating real estate investments, net 3,612,158 3,535,863
Construction-in-progress 263,772 201,360
Land inventory 119,995 90,603
Total real estate investments, net 3,995,925 3,827,826
Cash and cash equivalents 123,982 257,502
Accounts receivable, net 22,294 18,757
Accrued rent receivable, net 138,905 134,051
Assets held for sale, net 0 18,295
Investment in Real Estate Ventures, at equity 201,034 225,004
Deferred costs, net 126,567 125,224
Intangible assets, net 137,290 99,403
Mortgage note receivable 0 88,000
Other assets 68,313 65,111
Total assets 4,814,310 4,859,173
LIABILITIES AND BENEFICIARIES’ EQUITY    
Mortgage notes payable 646,512 654,590
Unsecured term loans 200,000 200,000
Unsecured senior notes, net of discounts 1,597,267 1,596,718
Accounts payable and accrued expenses 98,897 96,046
Distributions payable 29,021 28,871
Deferred income, gains and rent 54,595 59,452
Acquired lease intangibles, net 31,565 26,010
Other liabilities 40,647 37,558
Liabilities related to assets held for sale 0 602
Total liabilities $ 2,698,504 $ 2,699,847
Commitments and contingencies    
Redeemable limited partnership units at redemption value; 1,535,102 issued and outstanding in 2015 and 2014 $ 22,727 $ 24,571
Brandywine Operating Partnership, L.P.’s equity:    
6.90% Series E Preferred Shares, $0.01 par value; issued and outstanding- 4,000,000 in 2015 and 2014 96,850 96,850
General Partnership Capital, 179,898,121 and 179,293,160 units issued and outstanding in 2015 and 2014, respectively 2,000,257 2,041,902
Accumulated other comprehensive loss (6,058) (5,007)
Total Brandywine Realty Trust’s equity 2,091,049 2,133,745
Non-controlling interests 2,030 1,010
Total beneficiaries' equity 2,093,079 2,134,755
Total liabilities and beneficiaries' equity $ 4,814,310 $ 4,859,173