Redeemable Noncontrolling Interests (Tables)

3 Months Ended

Mar. 31, 2022

Redeemable Noncontrolling Interests

Summary of redeemable noncontrolling interests

	Three Months Ended March 31,
	2022						2021
			Consolidated						Consolidated
	JBG		Real Estate				JBG		Real Estate
	SMITH LP		Venture		Total		SMITH LP		Venture		Total
	(In thousands)
Balance, beginning of period	$	513,268	$	9,457	$	522,725	$	522,882	$	7,866	$	530,748
OP Unit redemptions		(6,014)		—		(6,014)		(3,919)		—		(3,919)
LTIP Units issued in lieu of cash bonuses (1)		5,597		—		5,597		4,817		—		4,817
Net income (loss)		(3)		13		10		(2,197)		(33)		(2,230)
Other comprehensive income		2,966		—		2,966		973		—		973
Distributions		—		(69)		(69)		(1,362)		—		(1,362)
Share-based compensation expense		12,527		—		12,527		12,564		—		12,564
Adjustment to redemption value		8,384		(77)		8,307		11,293		43		11,336
Balance, end of period	$	536,725	$	9,324	$	546,049	$	545,051	$	7,876	$	552,927

(1) See Note 11 for additional information.