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CONSOLIDATED BALANCE SHEETS - BRANDYWINE OPERATING PARTNERSHIP, L.P. - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Real estate investments:    
Operating properties $ 3,632,495 $ 3,617,240
Accumulated depreciation (1,096,199) (1,063,060)
Right of use asset - operating leases, net 19,505 19,664
Operating real estate investments, net 2,555,801 2,573,844
Construction-in-progress 236,040 218,869
Land held for development 67,923 76,499
Prepaid leasehold interests in land held for development, net 27,762 35,576
Total real estate investments, net 2,887,526 2,904,788
Cash and cash equivalents 96,945 17,551
Restricted cash and escrows 16,126 0
Accounts receivable 13,446 11,003
Accrued rent receivable, net of allowance of $3,828 and $3,947 as of March 31, 2023 and December 31, 2022, respectively 182,523 179,771
Investment in unconsolidated real estate ventures 583,775 567,635
Deferred costs, net 95,037 96,639
Intangible assets, net 16,394 18,451
Other assets 95,339 78,667
Total assets 3,987,111 3,874,505
LIABILITIES AND BENEFICIARIES' EQUITY    
Mortgage notes payable, net 241,231 0
Unsecured credit facility 0 88,500
Unsecured term loan, net 317,848 248,168
Unsecured senior notes, net 1,574,221 1,628,370
Accounts payable and accrued expenses 114,370 132,440
Distributions payable 32,823 32,792
Deferred income, gains and rent 24,039 25,082
Intangible liabilities, net 9,921 10,322
Lease liability - operating leases 23,218 23,166
Other liabilities 56,222 52,331
Total liabilities 2,393,893 2,241,171
Commitments and contingencies (See Note 15)
Brandywine Operating Partnership, L.P.'s equity:    
Accumulated other comprehensive income (loss) (1,410) 3,897
Total liabilities and beneficiaries' equity 3,987,111 3,874,505
BRANDYWINE OPERATING PARTNERSHIP, L.P.    
Real estate investments:    
Operating properties 3,632,495 3,617,240
Accumulated depreciation (1,096,199) (1,063,060)
Right of use asset - operating leases, net 19,505 19,664
Operating real estate investments, net 2,555,801 2,573,844
Construction-in-progress 236,040 218,869
Land held for development 67,923 76,499
Prepaid leasehold interests in land held for development, net 27,762 35,576
Total real estate investments, net 2,887,526 2,904,788
Cash and cash equivalents 96,945 17,551
Accounts receivable 13,446 11,003
Accrued rent receivable, net of allowance of $3,828 and $3,947 as of March 31, 2023 and December 31, 2022, respectively 182,523 179,771
Investment in unconsolidated real estate ventures 583,775 567,635
Deferred costs, net 95,037 96,639
Intangible assets, net 16,394 18,451
Other assets 95,339 78,667
Total assets 3,987,111 3,874,505
LIABILITIES AND BENEFICIARIES' EQUITY    
Mortgage notes payable, net 241,231 0
Unsecured credit facility 0 88,500
Unsecured term loan, net 317,848 248,168
Unsecured senior notes, net 1,574,221 1,628,370
Accounts payable and accrued expenses 114,370 132,440
Distributions payable 32,823 32,792
Deferred income, gains and rent 24,039 25,082
Intangible liabilities, net 9,921 10,322
Lease liability - operating leases 23,218 23,166
Other liabilities 56,222 52,331
Total liabilities 2,393,893 2,241,171
Commitments and contingencies (See Note 15)
Redeemable limited partnership units at redemption value; 516,467 and 516,467 issued and outstanding as of March 31, 2023 and December 31, 2022, respectively 2,318 3,195
Brandywine Operating Partnership, L.P.'s equity:    
General Partnership Capital; 171,727,703 and 171,569,807 units issued and outstanding as of March 31, 2023 and December 31, 2022, respectively 1,589,791 1,623,738
Accumulated other comprehensive income (loss) (1,722) 3,569
Total Brandywine Operating Partnership, L.P.'s equity 1,588,069 1,627,307
Noncontrolling interest - consolidated real estate ventures 2,831 2,832
Total partners' equity 1,590,900 1,630,139
Total liabilities and beneficiaries' equity $ 3,987,111 $ 3,874,505