Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Real estate, at cost:
Land and improvements	$ 1,357,904	$ 1,391,472
Buildings and improvements	4,355,187	4,341,103
Construction in progress, including land	273,542	268,056
Real estate, at cost	5,986,633	6,000,631
Less accumulated depreciation	(1,297,406)	(1,232,690)
Real estate, net	4,689,227	4,767,941
Cash and cash equivalents	201,150	225,600
Restricted cash	37,543	37,736
Tenant and other receivables	43,724	55,903
Deferred rent receivable	182,565	170,547
Investments in unconsolidated real estate ventures	497,770	461,369
Other assets, net	282,356	286,575
Assets held for sale	73,876	73,876
TOTAL ASSETS	6,008,211	6,079,547
Liabilities:
Mortgages payable, net	1,591,143	1,593,738
Unsecured term loans, net	398,322	397,979
Accounts payable and accrued expenses	99,310	103,102
Other liabilities, net	201,556	247,774
Total liabilities	2,290,331	2,342,593
Commitments and contingencies
Redeemable noncontrolling interests	544,639	530,748
Shareholders' equity:
Preferred shares, $0.01 par value - 200,000 shares authorized; none issued	0	0
Common shares, $0.01 par value - 500,000 shares authorized; 131,841 and 131,778 shares issued and outstanding as of June 30, 2021 and December 31, 2020	1,319	1,319
Additional paid-in capital	3,650,217	3,657,643
Accumulated deficit	(466,230)	(412,944)
Accumulated other comprehensive loss	(28,605)	(39,979)
Total shareholders' equity of JBG SMITH Properties	3,156,701	3,206,039
Noncontrolling interests	16,540	167
Total equity	3,173,241	3,206,206
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY	$ 6,008,211	$ 6,079,547