Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Real estate, at cost:
Land and improvements	$ 1,378,218	$ 1,391,472
Buildings and improvements	4,513,606	4,341,103
Construction in progress, including land	344,652	268,056
Real estate, at cost	6,236,476	6,000,631
Less: accumulated depreciation	(1,368,003)	(1,232,690)
Real estate, net	4,868,473	4,767,941
Cash and cash equivalents	264,356	225,600
Restricted cash	37,739	37,736
Tenant and other receivables	44,496	55,903
Deferred rent receivable	192,265	170,547
Investments in unconsolidated real estate ventures	462,885	461,369
Other assets, net	442,116	286,575
Assets held for sale	73,876	73,876
TOTAL ASSETS	6,386,206	6,079,547
Liabilities:
Mortgages payable, net	1,777,699	1,593,738
Revolving credit facility	300,000
Unsecured term loans, net	398,664	397,979
Accounts payable and accrued expenses	106,136	103,102
Other liabilities, net	342,565	247,774
Total liabilities	2,925,064	2,342,593
Commitments and contingencies
Redeemable noncontrolling interests	522,725	530,748
Shareholders' equity:
Preferred shares, $0.01 par value - 200,000 shares authorized; none issued
Common shares, $0.01 par value - 500,000 shares authorized; 127,378 and 131,778 shares issued and outstanding as of December 31, 2021 and 2020	1,275	1,319
Additional paid-in capital	3,539,916	3,657,643
Accumulated deficit	(609,331)	(412,944)
Accumulated other comprehensive loss	(15,950)	(39,979)
Total shareholders' equity of JBG SMITH Properties	2,915,910	3,206,039
Noncontrolling interests	22,507	167
Total equity	2,938,417	3,206,206
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY	$ 6,386,206	$ 6,079,547