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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenue      
Total revenue $ 580,417 $ 544,345 $ 520,493
Operating expenses:      
Property operating expenses 154,361 154,848 150,911
Real estate taxes 62,237 51,341 45,204
Third party management expenses 9,248 11,910 9,960
Depreciation and amortization 210,005 176,000 180,323
General and administrative expenses 32,156 27,802 28,538
Provision for impairment 0 71,707 3,057
Total operating expenses 468,007 493,608 417,993
Gain on sale of real estate      
Net gain on disposition of real estate 356 2,932 32,017
Net gain on sale of undepreciated real estate 2,020 3,040 953
Total gain on sale of real estate 2,376 5,972 32,970
Operating income 114,786 56,709 135,470
Other income (expense):      
Interest income 2,318 4,703 1,113
Interest expense (81,512) (78,199) (81,886)
Interest expense - amortization of deferred financing costs (2,768) (2,498) (2,435)
Equity in loss of Real Estate Ventures (9,922) (15,231) (8,306)
Net gain on real estate venture transactions 11,639 142,233 80,526
Gain on promoted interest in unconsolidated real estate venture 0 28,283 0
Loss on early extinguishment of debt 0 (105) (3,933)
Net income before income taxes 34,541 135,895 120,549
Income tax (provision) benefit (12) (423) 628
Net income 34,529 135,472 121,177
Net income attributable to noncontrolling interests (262) (954) (1,004)
Net income attributable to Brandywine Realty Trust 34,267 134,518 120,173
Distribution to preferred shareholders 0 0 (2,032)
Preferred share redemption charge 0 0 (3,181)
Nonforfeitable dividends allocated to unvested restricted shareholders (396) (369) (327)
Net income attributable to Common Shareholders/ Unitholders of Brandywine Realty Trust $ 33,871 $ 134,149 $ 114,633
Basic income per Common Share (in dollars per share) $ 0.19 $ 0.75 $ 0.65
Diluted income per Common Share (in dollars per share) $ 0.19 $ 0.75 $ 0.65
Basic weighted average shares outstanding (in shares) 176,132,941 178,519,748 175,484,350
Diluted weighted average shares outstanding (in shares) 176,686,813 179,641,492 176,808,166
BRANDYWINE OPERATING PARTNERSHIP, L.P.      
Revenue      
Total revenue $ 580,417 $ 544,345 $ 520,493
Operating expenses:      
Property operating expenses 154,361 154,848 150,911
Real estate taxes 62,237 51,341 45,204
Third party management expenses 9,248 11,910 9,960
Depreciation and amortization 210,005 176,000 180,323
General and administrative expenses 32,156 27,802 28,538
Provision for impairment 0 71,707 3,057
Total operating expenses 468,007 493,608 417,993
Gain on sale of real estate      
Net gain on disposition of real estate 356 2,932 32,017
Net gain on sale of undepreciated real estate 2,020 3,040 953
Total gain on sale of real estate 2,376 5,972 32,970
Operating income 114,786 56,709 135,470
Other income (expense):      
Interest income 2,318 4,703 1,113
Interest expense (81,512) (78,199) (81,886)
Interest expense - amortization of deferred financing costs (2,768) (2,498) (2,435)
Equity in loss of Real Estate Ventures (9,922) (15,231) (8,306)
Net gain on real estate venture transactions 11,639 142,233 80,526
Gain on promoted interest in unconsolidated real estate venture 0 28,283 0
Loss on early extinguishment of debt 0 (105) (3,933)
Net income before income taxes 34,541 135,895 120,549
Income tax (provision) benefit (12) (423) 628
Net income 34,529 135,472 121,177
Net income attributable to noncontrolling interests - consolidated real estate ventures (69) (55) (29)
Distribution to preferred shareholders 0 0 (2,032)
Preferred share redemption charge 0 0 (3,181)
Nonforfeitable dividends allocated to unvested restricted shareholders (396) (369) (327)
Net income attributable to Common Shareholders/ Unitholders of Brandywine Realty Trust 34,064 135,048 115,608
Net income attributable to Brandywine Operating Partnership 34,460 135,417 121,148
Distribution to preferred unitholders 0 0 (2,032)
Preferred unit redemption charge 0 0 (3,181)
Nonforfeitable dividends allocated to unvested restricted unitholders $ (396) $ (369) $ (327)
Basic income per Common Share (in dollars per share) $ 0.19 $ 0.75 $ 0.65
Diluted income per Common Share (in dollars per share) $ 0.19 $ 0.75 $ 0.65
Basic weighted average shares outstanding (in shares) 177,114,932 179,959,370 176,964,149
Diluted weighted average shares outstanding (in shares) 177,668,804 181,081,114 178,287,965
Rents      
Revenue      
Rents $ 554,665 $ 515,044 $ 487,323
Total revenue 554,665    
Rents | BRANDYWINE OPERATING PARTNERSHIP, L.P.      
Revenue      
Rents 554,665 515,044 487,323
Third party management fees, labor reimbursement and leasing      
Revenue      
Service and other revenue 19,626 22,557 28,345
Third party management fees, labor reimbursement and leasing | BRANDYWINE OPERATING PARTNERSHIP, L.P.      
Revenue      
Service and other revenue 19,626 22,557 28,345
Other      
Revenue      
Service and other revenue 6,126 6,744 4,825
Other | BRANDYWINE OPERATING PARTNERSHIP, L.P.      
Revenue      
Service and other revenue $ 6,126 $ 6,744 $ 4,825