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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Real estate investments:    
Operating properties $ 3,832,348 $ 3,586,295
Accumulated depreciation (895,091) (852,476)
Operating real estate investments, net 2,937,257 2,733,819
Construction-in-progress 121,188 297,462
Land held for development [1] 98,242 150,970
Total real estate investments, net 3,156,687 3,182,251
Assets held for sale, net 392 41,718
Cash and cash equivalents 202,179 193,919
Accounts receivable, net of allowance of $3,467 and $2,373 in 2017 and 2016, respectively 17,938 12,446
Accrued rent receivable, net of allowance of $13,645 and $13,743 in 2017 and 2016, respectively 169,760 149,624
Investment in Real Estate Ventures, equity method 194,621 281,331
Deferred costs, net 96,695 91,342
Intangible assets, net 64,972 72,478
Other assets 92,204 74,104
Total assets 3,995,448 4,099,213
LIABILITIES AND EQUITY    
Mortgage notes payable, net 317,216 321,549
Unsecured term loans, net 248,429 248,099
Unsecured senior notes, net 1,365,183 1,443,464
Accounts payable and accrued expenses 107,074 103,404
Distributions payable 32,456 30,032
Deferred income, gains and rent 42,593 31,620
Acquired lease intangibles, net 20,274 18,119
Liabilities related to assets held for sale 0 81
Other liabilities 15,623 19,408
Total liabilities 2,148,848 2,215,776
Commitments and contingencies
Equity:    
6.90% Series E Preferred Shares, $0.01 par value; issued and outstanding- 0 in 2017 and 4,000,000 in 2016 0 40
Common Shares of Brandywine Realty Trust's beneficial interest, $0.01 par value; shares authorized 400,000,000; 178,285,236 and 175,140,760 issued and outstanding in 2017 and in 2016, respectively 1,784 1,752
Additional paid-in-capital 3,218,564 3,258,870
Deferred compensation payable in common shares 12,445 13,684
Common shares in grantor trust, 894,736 in 2017, 899,457 in 2016 (12,445) (13,684)
Cumulative earnings 660,174 539,319
Accumulated other comprehensive income (loss) 2,399 (1,745)
Cumulative distributions (2,053,741) (1,931,892)
Total Brandywine Realty Trust's equity 1,829,180 1,866,344
Noncontrolling interests 17,420 17,093
Total beneficiaries' equity 1,846,600 1,883,437
Total liabilities and beneficiaries' equity 3,995,448 4,099,213
BRANDYWINE OPERATING PARTNERSHIP, L.P.    
Real estate investments:    
Operating properties 3,832,348 3,586,295
Accumulated depreciation (895,091) (852,476)
Operating real estate investments, net 2,937,257 2,733,819
Construction-in-progress 121,188 297,462
Land held for development 98,242 150,970
Total real estate investments, net 3,156,687 3,182,251
Assets held for sale, net 392 41,718
Cash and cash equivalents 202,179 193,919
Accounts receivable, net of allowance of $3,467 and $2,373 in 2017 and 2016, respectively 17,938 12,446
Accrued rent receivable, net of allowance of $13,645 and $13,743 in 2017 and 2016, respectively 169,760 149,624
Investment in Real Estate Ventures, equity method 194,621 281,331
Deferred costs, net 96,695 91,342
Intangible assets, net 64,972 72,478
Other assets 92,204 74,104
Total assets 3,995,448 4,099,213
LIABILITIES AND EQUITY    
Mortgage notes payable, net 317,216 321,549
Unsecured term loans, net 248,429 248,099
Unsecured senior notes, net 1,365,183 1,443,464
Accounts payable and accrued expenses 107,074 103,404
Distributions payable 32,456 30,032
Deferred income, gains and rent 42,593 31,620
Acquired lease intangibles, net 20,274 18,119
Liabilities related to assets held for sale 0 81
Other liabilities 15,623 19,408
Total liabilities 2,148,848 2,215,776
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 26,918 23,795
Equity:    
6.90% Series E Preferred Shares, $0.01 par value; issued and outstanding- 0 in 2017 and 4,000,000 in 2016 0 96,850
Redeemable limited partnership units at redemption value; 1,479,799 issued and outstanding in 2017 and 2016 1,815,411 1,762,764
Accumulated other comprehensive income (loss) 2,056 (2,122)
Total Brandywine Operating Partnership, L.P.'s equity 1,817,467 1,857,492
Noncontrolling interest - consolidated real estate ventures 2,215 2,150
Total partners' equity 1,819,682 1,859,642
Total liabilities and beneficiaries' equity $ 3,995,448 $ 4,099,213
[1] As of December 31, 2017, the Company categorized 13.1 acres of land held for development located in the Other segment as held for sale in accordance with applicable accounting standards for long lived assets. See Note 3, “Real Estate Investments,” for further information.