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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net income $ 46,310 $ 8,594
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 48,873 51,111
Amortization of deferred financing costs 774 1,079
Amortization of debt discount/(premium), net 382 (158)
Amortization of stock compensation costs 2,296 2,756
Shares used for employee taxes upon vesting of share awards (289) (1,359)
Straight-line rent income (6,104) (6,339)
Amortization of acquired above (below) market leases, net (2,232) (1,290)
Straight-line ground rent expense 22 22
Provision for doubtful accounts 215 380
Net gain on real estate venture transactions (5,929) 0
Net gain on sale of interests in real estate (115,456) (9,019)
Loss on early extinguishment of debt - deferred financing costs 13,157 0
Provision for impairment 7,390 1,726
Real Estate Venture loss in excess of distributions 723 163
Deferred financing obligation (253) (287)
Changes in assets and liabilities    
Accounts receivable 246 (170)
Other assets (9,193) (9,322)
Accounts payable and accrued expenses 6,296 11,131
Deferred income, gains and rent (2,308) (3,267)
Other liabilities 552 (140)
Net cash (used in) provided by operating activities (14,528) 45,611
Cash flows from investing activities:    
Proceeds from the sale of properties 704,911 26,778
Distribution of sale proceeds from a real estate venture 4,812 0
Proceeds from repayment of mortgage notes receivable 0 88,000
Capital expenditures for tenant improvements (13,949) (14,515)
Capital expenditures for redevelopments (6,199) (5,984)
Capital expenditures for developments (54,405) (37,867)
Advances for the purchase of tenant assets, net of repayments 360 (138)
Investment in unconsolidated Real Estate Ventures (14,414) (11,028)
Deposits for real estate (2,275) (5,995)
Escrowed cash 6,991 2,868
Cash distribution from unconsolidated Real Estate Ventures in excess of cumulative equity income 1,436 2,563
Leasing costs paid (4,716) (6,371)
Net cash provided from investing activities 622,552 38,311
Cash flows from financing activities:    
Repayments of mortgage notes payable (213,739) (3,546)
Proceeds from credit facility borrowings 195,000 0
Repayments of credit facility borrowings (195,000) 0
Debt financing costs paid (72) 0
Proceeds from the exercise of stock options 826 127
Partner contribution to consolidated real estate venture 18 0
Distributions paid to shareholders (28,004) (28,692)
Distributions to non-controlling interest (230) (230)
Net cash used in financing activities (241,201) (32,341)
Increase in cash and cash equivalents 366,823 51,581
Cash and cash equivalents at beginning of year 56,694 257,502
Cash and cash equivalents at end of year 423,517 309,083
Supplemental disclosure:    
Cash paid for interest, net of capitalized interest during the three months ended March 31, 2016 and 2015 of $3,671 and $2,703, respectively 13,656 18,080
Supplemental disclosure of non-cash activity:    
Dividends and distributions declared but not paid 28,278 29,009
Change in investment in real estate ventures as a result of a disposition (1,130) 0
Change in investment in real estate ventures related to non-cash disposition of property 25,165 0
Change in capital expenditures financed through accounts payable at period end 4,235 (440)
Change in capital expenditures financed through retention payable at period end 753 2,200
BRANDYWINE OPERATING PARTNERSHIP, L.P.    
Cash flows from operating activities:    
Net income 46,310 8,594
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 48,873 51,111
Amortization of deferred financing costs 774 1,079
Amortization of debt discount/(premium), net 382 (158)
Amortization of stock compensation costs 2,296 2,756
Shares used for employee taxes upon vesting of share awards (289) (1,359)
Straight-line rent income (6,104) (6,339)
Amortization of acquired above (below) market leases, net (2,232) (1,290)
Straight-line ground rent expense 22 22
Provision for doubtful accounts 215 380
Net gain on real estate venture transactions (5,929) 0
Net gain on sale of interests in real estate (115,456) (9,019)
Loss on early extinguishment of debt - deferred financing costs 13,157 0
Provision for impairment 7,390 1,726
Real Estate Venture loss in excess of distributions 723 163
Deferred financing obligation (253) (287)
Changes in assets and liabilities    
Accounts receivable 246 (170)
Other assets (9,193) (9,322)
Accounts payable and accrued expenses 6,296 11,131
Deferred income, gains and rent (2,308) (3,267)
Other liabilities 552 (140)
Net cash (used in) provided by operating activities (14,528) 45,611
Cash flows from investing activities:    
Proceeds from the sale of properties 704,911 26,778
Distribution of sale proceeds from a real estate venture 4,812 0
Proceeds from repayment of mortgage notes receivable 0 88,000
Capital expenditures for tenant improvements (13,949) (14,515)
Capital expenditures for redevelopments (6,199) (5,984)
Capital expenditures for developments (54,405) (37,867)
Advances for the purchase of tenant assets, net of repayments 360 (138)
Investment in unconsolidated Real Estate Ventures (14,414) (11,028)
Deposits for real estate (2,275) (5,995)
Escrowed cash 6,991 2,868
Cash distribution from unconsolidated Real Estate Ventures in excess of cumulative equity income 1,436 2,563
Leasing costs paid (4,716) (6,371)
Net cash provided from investing activities 622,552 38,311
Cash flows from financing activities:    
Repayments of mortgage notes payable (213,739) (3,546)
Proceeds from credit facility borrowings 195,000 0
Repayments of credit facility borrowings (195,000) 0
Debt financing costs paid (72) 0
Proceeds from the exercise of stock options 826 127
Partner contribution to consolidated real estate venture 18 0
Distributions paid to shareholders (28,234) (28,922)
Net cash used in financing activities (241,201) (32,341)
Increase in cash and cash equivalents 366,823 51,581
Cash and cash equivalents at beginning of year 56,694 257,502
Cash and cash equivalents at end of year 423,517 309,083
Supplemental disclosure:    
Cash paid for interest, net of capitalized interest during the three months ended March 31, 2016 and 2015 of $3,671 and $2,703, respectively 13,656 18,080
Supplemental disclosure of non-cash activity:    
Dividends and distributions declared but not paid 28,278 29,009
Change in investment in real estate ventures as a result of a disposition (1,130) 0
Change in investment in real estate ventures related to non-cash disposition of property 25,165 0
Change in capital expenditures financed through accounts payable at period end 4,235 (440)
Change in capital expenditures financed through retention payable at period end $ 753 $ 2,200