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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Real estate investments:    
Operating properties $ 3,686,339 $ 3,693,000
Accumulated depreciation (869,836) (867,035)
Operating real estate investments, net 2,816,503 2,825,965
Construction-in-progress 249,183 268,983
Land held for development 155,297 130,479
Total real estate investments, net 3,220,983 3,225,427
Assets held for sale, net 12,604 584,365
Cash and cash equivalents 219,059 56,694
Accounts receivable, net of allowance of $2,304 and $1,736 in 2016 and 2015, respectively 9,925 17,126
Accrued rent receivable, net of allowance of $13,009 and $14,442 in 2016 and 2015, respectively 145,816 145,092
Investment in Real Estate Ventures, equity method 282,162 241,004
Deferred costs, net of accumulated amortization of $58,769 and $67,899, respectively 92,054 101,419
Intangible assets, net 81,207 111,623
Other assets 79,108 71,761
Total assets 4,142,918 4,554,511
LIABILITIES AND EQUITY    
Mortgage notes payable, net 322,623 545,753
Unsecured term loans, net 248,016 247,800
Unsecured senior notes, net 1,442,922 1,591,164
Accounts payable and accrued expenses 106,546 99,856
Distributions payable 30,036 28,249
Deferred income, gains and rent 30,022 30,413
Acquired lease intangibles, net 19,731 25,655
Liabilities related to assets held for sale 49 2,151
Other liabilities 31,399 31,379
Total liabilities 2,231,344 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; 175,140,760 and 174,688,568 issued and outstanding in 2016 and 2015, respectively 1,752 1,747
Additional paid-in-capital 3,258,049 3,252,622
Deferred compensation payable in common shares 13,684 11,918
Common shares in grantor trust, 899,457 in 2016, 745,686 in 2015 (13,684) (11,918)
Cumulative earnings 551,572 499,086
Accumulated other comprehensive loss (15,052) (5,192)
Cumulative distributions (1,902,076) (1,814,378)
Total Brandywine Realty Trust's equity 1,894,285 1,933,925
Non-controlling interests 17,289 18,166
Total beneficiaries' equity 1,911,574 1,952,091
Total liabilities and beneficiaries' equity 4,142,918 4,554,511
BRANDYWINE OPERATING PARTNERSHIP, L.P.    
Real estate investments:    
Operating properties 3,686,339 3,693,000
Accumulated depreciation (869,836) (867,035)
Operating real estate investments, net 2,816,503 2,825,965
Construction-in-progress 249,183 268,983
Land held for development 155,297 130,479
Total real estate investments, net 3,220,983 3,225,427
Assets held for sale, net 12,604 584,365
Cash and cash equivalents 219,059 56,694
Accounts receivable, net of allowance of $2,304 and $1,736 in 2016 and 2015, respectively 9,925 17,126
Accrued rent receivable, net of allowance of $13,009 and $14,442 in 2016 and 2015, respectively 145,816 145,092
Investment in Real Estate Ventures, equity method 282,162 241,004
Deferred costs, net of accumulated amortization of $58,769 and $67,899, respectively 92,054 101,419
Intangible assets, net 81,207 111,623
Other assets 79,108 71,761
Total assets 4,142,918 4,554,511
LIABILITIES AND EQUITY    
Mortgage notes payable, net 322,623 545,753
Unsecured term loans, net 248,016 247,800
Unsecured senior notes, net 1,442,922 1,591,164
Accounts payable and accrued expenses 106,546 99,856
Distributions payable 30,036 28,249
Deferred income, gains and rent 30,022 30,413
Acquired lease intangibles, net 19,731 25,655
Liabilities related to assets held for sale 49 2,151
Other liabilities 31,399 31,379
Total liabilities 2,231,344 2,602,420
Commitments and contingencies
Redeemable limited partnership units at redemption value; 1,479,799 and 1,535,102 issued and outstanding in 2016 and 2015, respectively 23,351 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 175,101,033 and 174,688,568 units issued and outstanding in 2016 and 2015, respectively 1,804,799 1,836,692
Accumulated other comprehensive loss (15,543) (5,597)
Non-controlling interest - consolidated real estate ventures 2,117 2,032
Total partners' equity 1,888,223 1,929,977
Total Brandywine Operating Partnership, L.P.'s equity 1,886,106 1,927,945
Total liabilities and beneficiaries' equity $ 4,142,918 $ 4,554,511