Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Real estate, at cost:
Land and improvements	$ 1,217,216	$ 1,378,218
Buildings and improvements	4,004,286	4,513,606
Construction in progress, including land	385,085	344,652
Real estate, at cost	5,606,587	6,236,476
Less: accumulated depreciation	(1,257,871)	(1,368,003)
Real estate, net	4,348,716	4,868,473
Cash and cash equivalents	162,270	264,356
Restricted cash	212,848	37,739
Tenant and other receivables	46,605	44,496
Deferred rent receivable	154,487	192,265
Investments in unconsolidated real estate ventures	414,349	462,885
Intangible assets, net	157,819	201,956
Other assets, net	82,808	240,160
Assets held for sale	0	73,876
TOTAL ASSETS	5,579,902	6,386,206
Liabilities:
Mortgages payable, net	1,612,169	1,777,699
Revolving credit facility		300,000
Unsecured term loans, net	398,500	398,664
Accounts payable and accrued expenses	112,784	106,136
Other liabilities, net	111,852	342,565
Total liabilities	2,235,305	2,925,064
Commitments and contingencies
Redeemable noncontrolling interests	521,392	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; 115,862 and 127,378 shares issued and outstanding as of June 30, 2022 and December 31, 2021	1,160	1,275
Additional paid-in capital	3,285,511	3,539,916
Accumulated deficit	(513,746)	(609,331)
Accumulated other comprehensive income (loss)	18,640	(15,950)
Total shareholders' equity of JBG SMITH Properties	2,791,565	2,915,910
Noncontrolling interests	31,640	22,507
Total equity	2,823,205	2,938,417
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY	$ 5,579,902	$ 6,386,206