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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Real estate investments:    
Operating properties $ 3,864,706 $ 3,832,348
Accumulated depreciation (920,207) (895,091)
Operating real estate investments, net 2,944,499 2,937,257
Construction-in-progress 129,413 121,188
Land held for development [1] 99,436 98,242
Total real estate investments, net 3,173,348 3,156,687
Assets held for sale, net 0 392
Cash and cash equivalents 200,813 202,179
Accounts receivable, net of allowance of $3,935 and $3,467 as of March 31, 2018 and December 31, 2017, respectively 17,794 17,938
Accrued rent receivable, net of allowance of $13,409 and $13,645 as of March 31, 2018 and December 31, 2017, respectively 174,236 169,760
Investment in Real Estate Ventures, equity method 171,383 194,621
Deferred costs, net 97,299 96,695
Intangible assets, net 63,614 64,972
Other assets 139,449 92,204
Total assets 4,037,936 3,995,448
LIABILITIES AND EQUITY    
Mortgage notes payable, net 325,974 317,216
Unsecured term loans, net 248,512 248,429
Unsecured senior notes, net 1,365,546 1,365,183
Accounts payable and accrued expenses 105,176 107,074
Distributions payable 32,502 32,456
Deferred income, gains and rent 58,887 42,593
Acquired lease intangibles, net 19,510 20,274
Other liabilities 14,588 15,623
Total liabilities 2,170,695 2,148,848
Commitments and contingencies
Equity:    
Common Shares of Brandywine Realty Trust's beneficial interest, $0.01 par value; shares authorized 400,000,000; 178,442,517 and 178,285,236 issued and outstanding as of March 31, 2018 and December 31, 2017, respectively 1,785 1,784
Additional paid-in-capital 3,222,047 3,218,564
Deferred compensation payable in common shares 13,506 12,445
Common shares in grantor trust, 948,592 and 894,736 as of March 31, 2018 and December 31, 2017, respectively (13,506) (12,445)
Cumulative earnings 704,506 660,174
Accumulated other comprehensive income 7,365 2,399
Cumulative distributions (2,086,000) (2,053,741)
Total Brandywine Realty Trust's equity 1,849,703 1,829,180
Noncontrolling interests 17,538 17,420
Total beneficiaries' equity 1,867,241 1,846,600
Total liabilities and beneficiaries' equity 4,037,936 3,995,448
BRANDYWINE OPERATING PARTNERSHIP, L.P.    
Real estate investments:    
Operating properties 3,864,706 3,832,348
Accumulated depreciation (920,207) (895,091)
Operating real estate investments, net 2,944,499 2,937,257
Construction-in-progress 129,413 121,188
Land held for development 99,436 98,242
Total real estate investments, net 3,173,348 3,156,687
Assets held for sale, net 0 392
Cash and cash equivalents 200,813 202,179
Accounts receivable, net of allowance of $3,935 and $3,467 as of March 31, 2018 and December 31, 2017, respectively 17,794 17,938
Accrued rent receivable, net of allowance of $13,409 and $13,645 as of March 31, 2018 and December 31, 2017, respectively 174,236 169,760
Investment in Real Estate Ventures, equity method 171,383 194,621
Deferred costs, net 97,299 96,695
Intangible assets, net 63,614 64,972
Other assets 139,449 92,204
Total assets 4,037,936 3,995,448
LIABILITIES AND EQUITY    
Mortgage notes payable, net 325,974 317,216
Unsecured term loans, net 248,512 248,429
Unsecured senior notes, net 1,365,546 1,365,183
Accounts payable and accrued expenses 105,176 107,074
Distributions payable 32,502 32,456
Deferred income, gains and rent 58,887 42,593
Acquired lease intangibles, net 19,510 20,274
Other liabilities 14,588 15,623
Total liabilities 2,170,695 2,148,848
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 23,049 26,918
Equity:    
General Partnership Capital; 175,477,498 and 175,140,760 units issued and outstanding as of September 30, 2017 and December 31, 2016, respectively 1,834,947 1,815,411
Accumulated other comprehensive income 7,064 2,056
Total Brandywine Operating Partnership, L.P.'s equity 1,842,011 1,817,467
Non-controlling interest - consolidated real estate ventures 2,181 2,215
Total partners' equity 1,844,192 1,819,682
Total liabilities and beneficiaries' equity $ 4,037,936 $ 3,995,448
[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.