Redeemable Noncontrolling Interests (Tables)

3 Months Ended

Mar. 31, 2020

Noncontrolling Interest [Abstract]

Redeemable Noncontrolling Interests

	Three Months Ended March 31,
	2020						2019
			Consolidated						Consolidated
	JBG		Real Estate				JBG		Real Estate
	SMITH LP		Venture		Total		SMITH LP		Venture		Total
	(In thousands)
Balance as of beginning of period	$	606,699	$	6,059	$	612,758	$	552,159	$	5,981	$	558,140
OP Unit redemptions		(31,126)		—		(31,126)		(57,001)		—		(57,001)
Long-term incentive partnership units ("LTIP Units") issued in lieu of cash bonuses (1)		3,616		—		3,616		3,135		—		3,135
Net income (loss) attributable to redeemable noncontrolling interests		5,253		(3)		5,250		3,386		1		3,387
Other comprehensive loss		(3,573)		—		(3,573)		(1,383)		—		(1,383)
Share-based compensation expense		16,781		—		16,781		16,273		—		16,273
Adjustment to redemption value		(100,666)		—		(100,666)		62,212		—		62,212
Balance as of end of period	$	496,984	$	6,056	$	503,040	$	578,781	$	5,982	$	584,763

(1) See Note 11 for additional information.