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CONSOLIDATED BALANCE SHEETS - BRANDYWINE OPERATING PARTNERSHIP, L.P. - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Real estate investments:    
Operating properties $ 3,542,232 $ 3,617,240
Accumulated depreciation (1,131,792) (1,063,060)
Right of use asset - operating leases, net 19,031 19,664
Operating real estate investments, net 2,429,471 2,573,844
Construction-in-progress 135,529 218,869
Land held for development 82,510 76,499
Prepaid leasehold interests in land held for development, net 27,762 35,576
Total real estate investments, net 2,675,272 2,904,788
Cash and cash equivalents 58,319 17,551
Restricted cash and escrows 9,215 0
Accounts receivable 11,977 11,003
Accrued rent receivable, net of allowance of $2,672 and $3,947 as of December 31, 2023 and December 31, 2022, respectively 186,708 179,771
Investment in unconsolidated real estate ventures 601,227 567,635
Deferred costs, net 95,984 96,639
Intangible assets, net 7,694 18,451
Other assets 86,051 78,667
Total assets 3,732,447 3,874,505
LIABILITIES AND PARTNERS' EQUITY    
Secured term loan, net 255,671 0
Unsecured credit facility 0 88,500
Unsecured term loan, net 318,499 248,168
Unsecured senior notes, net 1,564,662 1,628,370
Accounts payable and accrued expenses 123,825 132,440
Distributions payable 26,017 32,792
Deferred income, gains and rent 24,248 25,082
Intangible liabilities, net 8,270 10,322
Lease liability - operating leases 23,369 23,166
Other liabilities 63,729 52,331
Total liabilities 2,408,290 2,241,171
Commitments and contingencies (See Note 20)
Brandywine Operating Partnership, L.P.'s equity:    
Accumulated other comprehensive income (loss) (668) 3,897
Total liabilities and beneficiaries' equity 3,732,447 3,874,505
BRANDYWINE OPERATING PARTNERSHIP, L.P.    
Real estate investments:    
Operating properties 3,542,232 3,617,240
Accumulated depreciation (1,131,792) (1,063,060)
Right of use asset - operating leases, net 19,031 19,664
Operating real estate investments, net 2,429,471 2,573,844
Construction-in-progress 135,529 218,869
Land held for development 82,510 76,499
Prepaid leasehold interests in land held for development, net 27,762 35,576
Total real estate investments, net 2,675,272 2,904,788
Cash and cash equivalents 58,319 17,551
Accounts receivable 11,977 11,003
Accrued rent receivable, net of allowance of $2,672 and $3,947 as of December 31, 2023 and December 31, 2022, respectively 186,708 179,771
Investment in unconsolidated real estate ventures 601,227 567,635
Deferred costs, net 95,984 96,639
Intangible assets, net 7,694 18,451
Other assets 86,051 78,667
Total assets 3,732,447 3,874,505
LIABILITIES AND PARTNERS' EQUITY    
Secured term loan, net 255,671 0
Unsecured credit facility 0 88,500
Unsecured term loan, net 318,499 248,168
Unsecured senior notes, net 1,564,662 1,628,370
Accounts payable and accrued expenses 123,825 132,440
Distributions payable 26,017 32,792
Deferred income, gains and rent 24,248 25,082
Intangible liabilities, net 8,270 10,322
Lease liability - operating leases 23,369 23,166
Other liabilities 63,729 52,331
Total liabilities 2,408,290 2,241,171
Commitments and contingencies (See Note 20)
Redeemable limited partnership units at redemption value; 515,595 and 516,467 issued and outstanding as of December 31, 2023 and December 31, 2022, respectively 2,785 3,195
Brandywine Operating Partnership, L.P.'s equity:    
General Partnership Capital; 172,097,661 and 171,569,807 units issued and outstanding as of December 31, 2023 and December 31, 2022, respectively 1,319,572 1,623,738
Accumulated other comprehensive income (loss) (1,010) 3,569
Total Brandywine Operating Partnership, L.P.'s equity 1,318,562 1,627,307
Noncontrolling interest - consolidated real estate ventures 2,810 2,832
Total partners' equity 1,321,372 1,630,139
Total liabilities and beneficiaries' equity $ 3,732,447 $ 3,874,505