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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Real estate investments:    
Operating properties $ 3,703,193 $ 3,693,000
Accumulated depreciation (891,263) (867,035)
Operating real estate investments, net 2,811,930 2,825,965
Construction-in-progress 319,656 268,983
Land held for development 132,747 130,479
Total real estate investments, net 3,264,333 3,225,427
Cash and cash equivalents 423,517 56,694
Accounts receivable, net of allowance of $1,950 and $1,736 in 2016 and 2015, respectively 14,027 17,126
Accrued rent receivable, net of allowance of $13,313 and $14,442 in 2016 and 2015, respectively 133,720 145,092
Assets held for sale, net 0 584,365
Investment in Real Estate Ventures, equity method 278,659 241,004
Deferred costs, net 90,973 101,419
Intangible assets, net 100,063 111,623
Other assets 72,772 71,761
Total assets 4,378,064 4,554,511
LIABILITIES AND EQUITY    
Mortgage notes payable, net 345,310 545,753
Unsecured term loans, net 247,882 247,800
Unsecured senior notes, net 1,591,756 1,591,164
Accounts payable and accrued expenses 112,203 99,856
Distributions payable 28,295 28,249
Deferred income, gains and rent 27,331 30,413
Acquired lease intangibles, net 23,248 25,655
Liabilities related to assets held for sale 0 2,151
Other liabilities 37,749 31,379
Total liabilities $ 2,413,774 $ 2,602,420
Commitments and contingencies
Equity:    
6.90% Series E Preferred Shares, $0.01 par value; issued and outstanding- 4,000,000 in 2016 and 2015 $ 40 $ 40
Common Shares of Brandywine Realty Trust's beneficial interest, $0.01 par value; shares authorized 400,000,000; 174,890,432 and 174,688,568 issued and outstanding in 2016 and 2015, respectively 1,749 1,747
Additional paid-in-capital 3,255,908 3,252,622
Deferred compensation payable in common shares 13,155 11,918
Common shares in grantor trust, 847,007 in 2016, 745,686 in 2015 (13,155) (11,918)
Cumulative earnings 545,041 499,086
Accumulated other comprehensive loss (14,271) (5,192)
Cumulative distributions (1,842,450) (1,814,378)
Total Brandywine Realty Trust's equity 1,946,017 1,933,925
Non-controlling interests 18,273 18,166
Total beneficiaries' equity 1,964,290 1,952,091
Total liabilities and beneficiaries' equity 4,378,064 4,554,511
BRANDYWINE OPERATING PARTNERSHIP, L.P.    
Real estate investments:    
Operating properties 3,703,193 3,693,000
Accumulated depreciation (891,263) (867,035)
Operating real estate investments, net 2,811,930 2,825,965
Construction-in-progress 319,656 268,983
Land held for development 132,747 130,479
Total real estate investments, net 3,264,333 3,225,427
Cash and cash equivalents 423,517 56,694
Accounts receivable, net of allowance of $1,950 and $1,736 in 2016 and 2015, respectively 14,027 17,126
Accrued rent receivable, net of allowance of $13,313 and $14,442 in 2016 and 2015, respectively 133,720 145,092
Assets held for sale, net 0 584,365
Investment in Real Estate Ventures, equity method 278,659 241,004
Deferred costs, net 90,973 101,419
Intangible assets, net 100,063 111,623
Other assets 72,772 71,761
Total assets 4,378,064 4,554,511
LIABILITIES AND EQUITY    
Mortgage notes payable, net 345,310 545,753
Unsecured term loans, net 247,882 247,800
Unsecured senior notes, net 1,591,756 1,591,164
Accounts payable and accrued expenses 112,203 99,856
Distributions payable 28,295 28,249
Deferred income, gains and rent 27,331 30,413
Acquired lease intangibles, net 23,248 25,655
Liabilities related to assets held for sale 0 2,151
Other liabilities 37,749 31,379
Total liabilities $ 2,413,774 $ 2,602,420
Commitments and contingencies
Redeemable limited partnership units at redemption value; 1,535,102 issued and outstanding in 2016 and 2015 $ 22,285 $ 22,114
Equity:    
6.90% Series E Preferred Shares, $0.01 par value; issued and outstanding- 4,000,000 in 2016 and 2015 96,850 96,850
General Partnership Capital 0 and 174,688,568 units issued and outstanding in 2016 and 2015, respectively 1,857,859 1,836,692
Accumulated other comprehensive loss (14,755) (5,597)
Total Brandywine Operating Partnership, L.P.'s equity 1,939,954 1,927,945
Non-controlling interest - consolidated real estate ventures 2,051 2,032
Total partners' equity 1,942,005 1,929,977
Total liabilities and beneficiaries' equity $ 4,378,064 $ 4,554,511