Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Real estate, at cost:
Land and improvements	$ 1,267,022	$ 1,302,569
Buildings and improvements	4,157,110	4,310,821
Construction in progress, including land	619,111	544,692
Real estate, at cost	6,043,243	6,158,082
Less: accumulated depreciation	(1,355,655)	(1,335,000)
Real estate, net	4,687,588	4,823,082
Cash and cash equivalents	279,553	241,098
Restricted cash	42,339	32,975
Tenant and other receivables	46,241	56,304
Deferred rent receivable	159,287	170,824
Investments in unconsolidated real estate ventures	312,651	299,881
Intangible assets, net	149,243	162,246
Other assets, net	158,118	117,028
TOTAL ASSETS	5,835,020	5,903,438
Liabilities:
Mortgage loans, net	1,802,051	1,890,174
Unsecured term loans, net	547,256	547,072
Accounts payable and accrued expenses	124,268	138,060
Other liabilities, net	164,627	132,710
Total liabilities	2,638,202	2,708,016
Commitments and contingencies
Redeemable noncontrolling interests	457,778	481,310
Shareholders' equity:
Preferred shares, $0.01 par value - 200,000 shares authorized; none issued
Common shares, $0.01 par value - 500,000 shares authorized; 113,583 and 114,013 shares issued and outstanding as of March 31, 2023 and December 31, 2022	1,137	1,141
Additional paid-in capital	3,282,290	3,263,738
Accumulated deficit	(607,465)	(628,636)
Accumulated other comprehensive income	32,036	45,644
Total shareholders' equity of JBG SMITH Properties	2,707,998	2,681,887
Noncontrolling interests	31,042	32,225
Total equity	2,739,040	2,714,112
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY	$ 5,835,020	$ 5,903,438