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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Real estate investments:    
Operating properties $ 4,629,223 $ 4,603,692
Accumulated depreciation (1,064,804) (1,067,829)
Operating real estate investments, net 3,564,419 3,535,863
Construction-in-progress 242,246 201,360
Land inventory 135,917 90,603
Total real estate investments, net 3,942,582 3,827,826
Cash and cash equivalents 50,632 257,502
Accounts receivable, net 19,221 18,757
Accrued rent receivable, net 139,738 134,051
Assets held for sale, net 53,042 18,295
Investment in Real Estate Ventures, at equity 211,771 225,004
Deferred costs, net 124,472 125,224
Intangible assets, net 127,088 99,403
Mortgage note receivable [1] 0 88,000
Other assets 73,075 65,111
Total assets 4,741,621 4,859,173
LIABILITIES AND BENEFICIARIES’ EQUITY    
Mortgage notes payable 642,396 654,590
Unsecured term loans 200,000 200,000
Unsecured senior notes, net of discounts 1,597,541 1,596,718
Accounts payable and accrued expenses 115,636 96,046
Distributions payable 28,318 28,871
Deferred income, gains and rent 41,133 59,452
Acquired lease intangibles, net 28,541 26,010
Other liabilities 41,630 37,558
Liabilities related to assets held for sale 1,269 602
Total liabilities $ 2,696,464 $ 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; 175,196,703 and 179,293,160 issued and outstanding in 2015 and 2014, respectively 1,752 1,793
Additional paid-in capital 3,258,075 3,314,693
Deferred compensation payable in common shares 11,918 6,219
Common shares in grantor trust, 745,686 in 2015 and 384,536 in 2014 (11,918) (6,219)
Cumulative earnings 561,227 529,487
Accumulated other comprehensive loss (8,490) (4,607)
Cumulative distributions (1,786,374) (1,700,579)
Total Brandywine Realty Trust’s equity 2,026,230 2,140,827
Non-controlling interests 18,927 18,499
Total beneficiaries' equity 2,045,157 2,159,326
Total liabilities and beneficiaries' equity 4,741,621 4,859,173
BRANDYWINE OPERATING PARTNERSHIP, L.P.    
Real estate investments:    
Operating properties 4,629,223 4,603,692
Accumulated depreciation (1,064,804) (1,067,829)
Operating real estate investments, net 3,564,419 3,535,863
Construction-in-progress 242,246 201,360
Land inventory 135,917 90,603
Total real estate investments, net 3,942,582 3,827,826
Cash and cash equivalents 50,632 257,502
Accounts receivable, net 19,221 18,757
Accrued rent receivable, net 139,738 134,051
Assets held for sale, net 53,042 18,295
Investment in Real Estate Ventures, at equity 211,771 225,004
Deferred costs, net 124,472 125,224
Intangible assets, net 127,088 99,403
Mortgage note receivable 0 88,000
Other assets 73,075 65,111
Total assets 4,741,621 4,859,173
LIABILITIES AND BENEFICIARIES’ EQUITY    
Mortgage notes payable 642,396 654,590
Unsecured term loans 200,000 200,000
Unsecured senior notes, net of discounts 1,597,541 1,596,718
Accounts payable and accrued expenses 115,636 96,046
Distributions payable 28,318 28,871
Deferred income, gains and rent 41,133 59,452
Acquired lease intangibles, net 28,541 26,010
Other liabilities 41,630 37,558
Liabilities related to assets held for sale 1,269 602
Total liabilities $ 2,696,464 $ 2,699,847
Commitments and contingencies
Redeemable limited partnership units at redemption value; 1,535,102 issued and outstanding in 2015 and 2014 $ 22,247 $ 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, 175,196,703 and 179,293,160 units issued and outstanding in 2015 and 2014, respectively 1,932,953 2,041,902
Accumulated other comprehensive loss (8,924) (5,007)
Total Brandywine Realty Trust’s equity 2,020,879 2,133,745
Non-controlling interests 2,031 1,010
Total beneficiaries' equity 2,022,910 2,134,755
Total liabilities and beneficiaries' equity $ 4,741,621 $ 4,859,173
[1] On January 30, 2015 the mortgage note was repaid. For further information regarding the mortgage note, see Note 2, "Summary of Significant Accounting Policies," included in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2014