Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Real estate, at cost:
Land and improvements	$ 1,267,379	$ 1,302,569
Buildings and improvements	4,175,488	4,310,821
Construction in progress, including land	694,793	544,692
Real estate, at cost	6,137,660	6,158,082
Less: accumulated depreciation	(1,396,766)	(1,335,000)
Real estate, net	4,740,894	4,823,082
Cash and cash equivalents	156,639	241,098
Restricted cash	46,205	32,975
Tenant and other receivables	44,863	56,304
Deferred rent receivable	165,797	170,824
Investments in unconsolidated real estate ventures	309,219	299,881
Intangible assets, net	144,308	162,246
Other assets, net	175,677	117,028
TOTAL ASSETS	5,783,602	5,903,438
Liabilities:
Mortgage loans, net	1,689,207	1,890,174
Revolving credit facility	62,000
Term loans, net	716,757	547,072
Accounts payable and accrued expenses	129,325	138,060
Other liabilities, net	139,445	132,710
Total liabilities	2,736,734	2,708,016
Commitments and contingencies
Redeemable noncontrolling interests	455,886	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; 105,139 and 114,013 shares issued and outstanding as of June 30, 2023 and December 31, 2022	1,052	1,141
Additional paid-in capital	3,156,511	3,263,738
Accumulated deficit	(641,813)	(628,636)
Accumulated other comprehensive income	43,491	45,644
Total shareholders' equity of JBG SMITH Properties	2,559,241	2,681,887
Noncontrolling interests	31,741	32,225
Total equity	2,590,982	2,714,112
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY	$ 5,783,602	$ 5,903,438