Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Real estate, at cost:
Land and improvements	$ 1,212,501	$ 1,378,218
Buildings and improvements	3,968,601	4,513,606
Construction in progress, including land	348,523	344,652
Real estate, at cost	5,529,625	6,236,476
Less: accumulated depreciation	(1,216,402)	(1,368,003)
Real estate, net	4,313,223	4,868,473
Cash and cash equivalents	189,140	264,356
Restricted cash	30,073	37,739
Tenant and other receivables	45,702	44,496
Deferred rent receivable	151,024	192,265
Investments in unconsolidated real estate ventures	461,444	462,885
Intangible assets, net	162,139	201,956
Other assets, net	71,385	240,160
Assets held for sale	891,750	73,876
TOTAL ASSETS	6,315,880	6,386,206
Liabilities:
Mortgages payable, net	1,613,082	1,777,699
Revolving credit facility	300,000	300,000
Unsecured term loans, net	398,332	398,664
Accounts payable and accrued expenses	108,436	106,136
Other liabilities, net	106,929	342,565
Liabilities related to assets held for sale	368,006
Total liabilities	2,894,785	2,925,064
Commitments and contingencies
Redeemable noncontrolling interests	546,049	522,725
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; 124,248 and 127,378 shares issued and outstanding as of March 31, 2022 and December 31, 2021	1,243	1,275
Additional paid-in capital	3,444,793	3,539,916
Accumulated deficit	(609,363)	(609,331)
Accumulated other comprehensive income (loss)	9,935	(15,950)
Total shareholders' equity of JBG SMITH Properties	2,846,608	2,915,910
Noncontrolling interests	28,438	22,507
Total equity	2,875,046	2,938,417
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY	$ 6,315,880	$ 6,386,206