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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Real estate investments:    
Operating properties $ 3,769,067 $ 3,586,295
Accumulated depreciation (885,438) (852,476)
Operating real estate investments, net 2,883,629 2,733,819
Construction-in-progress 127,141 297,462
Land held for development 120,696 150,970
Total real estate investments, net 3,131,466 3,182,251
Assets held for sale, net 31,125 41,718
Cash and cash equivalents 25,287 193,919
Accounts receivable, net of allowance of $3,294 and $2,373 as of September 30, 2017 and December 31, 2016, respectively 14,785 12,446
Accrued rent receivable, net of allowance of $13,731 and $13,743 as of September 30, 2017 and December 31, 2016, respectively 166,093 149,624
Investment in Real Estate Ventures, equity method 236,313 281,331
Deferred costs, net 96,980 91,342
Intangible assets, net 58,817 72,478
Other assets 94,553 74,104
Total assets 3,855,419 4,099,213
LIABILITIES AND EQUITY    
Mortgage notes payable, net 318,317 321,549
Unsecured credit facility 178,000 0
Unsecured term loans, net 248,347 248,099
Unsecured senior notes, net 1,144,976 1,443,464
Accounts payable and accrued expenses 112,413 103,404
Distributions payable 28,391 30,032
Deferred income, gains and rent 41,468 31,620
Acquired lease intangibles, net 17,156 18,119
Liabilities related to assets held for sale 269 81
Other liabilities 15,512 19,408
Total liabilities 2,104,849 2,215,776
Commitments and contingencies
Equity:    
6.90% Series E Preferred Shares, $0.01 par value; issued and outstanding- 0 as of September 30, 2017 and 4,000,000 as of December 31, 2016 0 40
Common Shares of Brandywine Realty Trust's beneficial interest, $0.01 par value; shares authorized 400,000,000; 175,477,498 and 175,140,760 issued and outstanding as of September 30, 2017 and December 31, 2016, respectively 1,755 1,752
Additional paid-in-capital 3,167,481 3,258,870
Deferred compensation payable in common shares 14,090 13,684
Common shares in grantor trust, 1,000,966 as of September 30, 2017, 899,457 as of December 31, 2016 (14,090) (13,684)
Cumulative earnings 586,954 539,319
Accumulated other comprehensive loss (906) (1,745)
Cumulative distributions (2,021,568) (1,931,892)
Total Brandywine Realty Trust's equity 1,733,716 1,866,344
Non-controlling interests 16,854 17,093
Total beneficiaries' equity 1,750,570 1,883,437
Total liabilities and beneficiaries' equity 3,855,419 4,099,213
BRANDYWINE OPERATING PARTNERSHIP, L.P.    
Real estate investments:    
Operating properties 3,769,067 3,586,295
Accumulated depreciation (885,438) (852,476)
Operating real estate investments, net 2,883,629 2,733,819
Construction-in-progress 127,141 297,462
Land held for development 120,696 150,970
Total real estate investments, net 3,131,466 3,182,251
Assets held for sale, net 31,125 41,718
Cash and cash equivalents 25,287 193,919
Accounts receivable, net of allowance of $3,294 and $2,373 as of September 30, 2017 and December 31, 2016, respectively 14,785 12,446
Accrued rent receivable, net of allowance of $13,731 and $13,743 as of September 30, 2017 and December 31, 2016, respectively 166,093 149,624
Investment in Real Estate Ventures, equity method 236,313 281,331
Deferred costs, net 96,980 91,342
Intangible assets, net 58,817 72,478
Other assets 94,553 74,104
Total assets 3,855,419 4,099,213
LIABILITIES AND EQUITY    
Mortgage notes payable, net 318,317 321,549
Unsecured credit facility 178,000 0
Unsecured term loans, net 248,347 248,099
Unsecured senior notes, net 1,144,976 1,443,464
Accounts payable and accrued expenses 112,413 103,404
Distributions payable 28,391 30,032
Deferred income, gains and rent 41,468 31,620
Acquired lease intangibles, net 17,156 18,119
Liabilities related to assets held for sale 269 81
Other liabilities 15,512 19,408
Total liabilities 2,104,849 2,215,776
Commitments and contingencies
Redeemable limited partnership units at redemption value; 1,479,799 issued and outstanding in as of September 30, 2017 and December 31, 2016 25,864 23,795
Equity:    
6.90% Series E Preferred Shares, $0.01 par value; issued and outstanding- 0 as of September 30, 2017 and 4,000,000 as of December 31, 2016 0 96,850
General Partnership Capital; 175,477,498 and 175,140,760 units issued and outstanding as of September 30, 2017 and December 31, 2016, respectively 1,723,767 1,762,764
Accumulated other comprehensive loss (1,276) (2,122)
Total Brandywine Operating Partnership, L.P.'s equity 1,722,491 1,857,492
Non-controlling interest - consolidated real estate ventures 2,215 2,150
Total partners' equity 1,724,706 1,859,642
Total liabilities and beneficiaries' equity $ 3,855,419 $ 4,099,213