Redeemable Noncontrolling Interests (Tables)

12 Months Ended

Dec. 31, 2021

Redeemable Noncontrolling Interests

Summary of redeemable noncontrolling interests

	Year Ended December 31,
	2021						2020
			Consolidated						Consolidated
	JBG		Real Estate				JBG		Real Estate
	SMITH LP		Venture		Total		SMITH LP		Venture		Total
	(In thousands)
Balance, beginning of period	$	522,882	$	7,866	$	530,748	$	606,699	$	6,059	$	612,758
OP Unit redemptions		(29,634)		—		(29,634)		(47,517)		—		(47,517)
LTIP Units issued in lieu of cash bonuses (1)		5,614		—		5,614		4,066		—		4,066
Net loss attributable to redeemable noncontrolling interests		(8,671)		(57)		(8,728)		(4,818)		(140)		(4,958)
Other comprehensive income (loss)		2,675		—		2,675		(2,990)		—		(2,990)
Distributions		(17,170)		(148)		(17,318)		(15,629)		—		(15,629)
Share-based compensation expense		47,222		—		47,222		64,611		—		64,611
Adjustment to redemption value		(9,650)		1,796		(7,854)		(81,540)		1,947		(79,593)
Balance, end of period	$	513,268	$	9,457	$	522,725	$	522,882	$	7,866	$	530,748

(1) See Note 13 for additional information.