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Summary of Quarterly Results
 12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
SUMMARY OF QUARTERLY RESULTS (UNAUDITED)

22. SUMMARY OF QUARTERLY RESULTS (UNAUDITED)

The following is a summary of quarterly financial information as of and for the years ended December 31, 2016 and 2015 (in thousands, except per share data):

 

Brandywine Realty Trust

 

1st

 

 

2nd

 

 

3rd

 

 

4th

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue

$

136,502

 

 

$

127,181

 

 

$

129,694

 

 

$

132,086

 

Net income (loss)

 

46,310

 

 

 

(1,323

)

 

 

7,884

 

 

 

(12,370

)

Net income (loss) allocated to Common Shares

 

44,091

 

 

 

(3,105

)

 

 

6,022

 

 

 

(14,058

)

Basic earnings (loss) per Common Share

$

0.25

 

 

$

(0.02

)

 

$

0.03

 

 

$

(0.08

)

Diluted earnings (loss) per Common Share

$

0.25

 

 

$

(0.02

)

 

$

0.03

 

 

$

(0.08

)

2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue

$

150,406

 

 

$

145,648

 

 

$

152,585

 

 

$

153,992

 

Net income (loss)

 

8,594

 

 

 

3,058

 

 

 

20,308

 

 

 

(62,700

)

Net income (loss) allocated to Common Shares

 

6,710

 

 

 

1,255

 

 

 

18,346

 

 

 

(63,941

)

Basic earnings (loss) per Common Share

$

0.04

 

 

$

0.01

 

 

$

0.10

 

 

$

(0.37

)

Diluted earnings (loss) per Common Share

$

0.04

 

 

$

0.01

 

 

$

0.10

 

 

$

(0.37

)

 

The summation of quarterly earnings per share amounts do not necessarily equal the full year amounts due to rounding.

 

Brandywine Operating Partnership, L.P.

 

1st

 

 

2nd

 

 

3rd

 

 

4th

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue

$

136,502

 

 

$

127,181

 

 

$

129,694

 

 

$

132,086

 

Net income (loss)

 

46,310

 

 

 

(1,323

)

 

 

7,884

 

 

 

(12,370

)

Net income (loss) attributable to Common Partnership Unitholders

 

44,478

 

 

 

(3,131

)

 

 

6,074

 

 

 

(14,176

)

Basic earnings (loss) per Common Partnership Unit

$

0.25

 

 

$

(0.02

)

 

$

0.03

 

 

$

(0.08

)

Diluted earnings (loss) per Common Partnership Unit

$

0.25

 

 

$

(0.02

)

 

$

0.03

 

 

$

(0.08

)

2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue

$

150,406

 

 

$

145,648

 

 

$

152,585

 

 

$

153,992

 

Net income (loss)

 

8,594

 

 

 

3,058

 

 

 

20,308

 

 

 

(62,700

)

Net income (loss) attributable to Common Partnership Unitholders

 

6,768

 

 

 

1,262

 

 

 

18,506

 

 

 

(64,502

)

Basic earnings (loss) per Common Partnership Unit

$

0.04

 

 

$

0.04

 

 

$

0.10

 

 

$

(0.36

)

Diluted earnings (loss) per Common Partnership Unit

$

0.04

 

 

$

0.04

 

 

$

0.10

 

 

$

(0.36

)

 

The summation of quarterly earnings per share amounts do not necessarily equal the full year amounts due to rounding.