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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenue    
Revenue $ 120,769 $ 145,088
Operating expenses    
Property operating expenses 28,935 37,461
Real estate taxes 14,761 16,787
Third party management expenses 2,978 2,662
Depreciation and amortization 40,343 52,038
General and administrative expenses 6,584 8,561
Total operating expenses 93,601 117,509
Gain on sale of real estate    
Net gain on disposition of real estate 74 2,586
Net gain on sale of undepreciated real estate 1,993 0
Total gain on sale of real estate 2,067 2,586
Operating income 29,235 30,165
Other income (expense):    
Interest and investment income 1,674 575
Interest expense (16,293) (20,009)
Interest expense - amortization of deferred financing costs (709) (749)
Equity in loss of Real Estate Ventures (6,924) (1,891)
Net income before income taxes 6,983 8,091
Income tax provision (19) (4)
Net income 6,964 8,087
Net income attributable to noncontrolling interests (43) (65)
Net income attributable to Brandywine Realty Trust 6,921 8,022
Nonforfeitable dividends allocated to unvested restricted shareholders (146) (131)
Net income attributable to Common Shareholders of Brandywine Realty Trust $ 6,775 $ 7,891
Basic income per Common Share (in dollars per share) $ 0.04 $ 0.04
Diluted income per Common Share (in dollars per share) $ 0.04 $ 0.04
Basic weighted average shares outstanding (in shares) 170,624,741 176,069,968
Diluted weighted average shares outstanding (in shares) 171,636,120 176,653,459
BRANDYWINE OPERATING PARTNERSHIP, L.P.    
Revenue    
Revenue $ 120,769 $ 145,088
Operating expenses    
Property operating expenses 28,935 37,461
Real estate taxes 14,761 16,787
Third party management expenses 2,978 2,662
Depreciation and amortization 40,343 52,038
General and administrative expenses 6,584 8,561
Total operating expenses 93,601 117,509
Gain on sale of real estate    
Net gain on disposition of real estate 74 2,586
Net gain on sale of undepreciated real estate 1,993 0
Total gain on sale of real estate 2,067 2,586
Operating income 29,235 30,165
Other income (expense):    
Interest and investment income 1,674 575
Interest expense (16,293) (20,009)
Interest expense - amortization of deferred financing costs (709) (749)
Equity in loss of Real Estate Ventures (6,924) (1,891)
Net income before income taxes 6,983 8,091
Income tax provision (19) (4)
Net income 6,964 8,087
Net (income) loss attributable to noncontrolling interests - consolidated real estate ventures 1 (12)
Net income attributable to Brandywine Operating Partnership 6,965 8,075
Nonforfeitable dividends allocated to unvested restricted shareholders (146) (131)
Net income attributable to Common Shareholders of Brandywine Realty Trust $ 6,819 $ 7,944
Basic income per Common Share (in dollars per share) $ 0.04 $ 0.04
Diluted income per Common Share (in dollars per share) $ 0.04 $ 0.04
Basic weighted average shares outstanding (in shares) 171,606,375 177,051,602
Diluted weighted average shares outstanding (in shares) 172,617,754 177,635,093
Rents    
Revenue    
Revenue $ 113,484 $ 139,204
Rents | BRANDYWINE OPERATING PARTNERSHIP, L.P.    
Revenue    
Revenue 113,484 139,204
Third party management fees, labor reimbursement and leasing    
Revenue    
Revenue 6,651 4,954
Third party management fees, labor reimbursement and leasing | BRANDYWINE OPERATING PARTNERSHIP, L.P.    
Revenue    
Revenue 6,651 4,954
Other    
Revenue    
Revenue 634 930
Other | BRANDYWINE OPERATING PARTNERSHIP, L.P.    
Revenue    
Revenue $ 634 $ 930