Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Real estate, at cost:
Land and improvements	$ 1,194,737	$ 1,302,569
Buildings and improvements	4,021,322	4,310,821
Construction in progress, including land	659,103	544,692
Real estate, at cost	5,875,162	6,158,082
Less: accumulated depreciation	(1,338,403)	(1,335,000)
Real estate, net	4,536,759	4,823,082
Cash and cash equivalents	164,773	241,098
Restricted cash	35,668	32,975
Tenant and other receivables	44,231	56,304
Deferred rent receivable	171,229	170,824
Investments in unconsolidated real estate ventures	264,281	299,881
Deferred leasing costs, net	81,477	94,069
Intangible assets, net	56,616	68,177
Other assets, net	163,481	117,028
TOTAL ASSETS	5,518,515	5,903,438
Liabilities:
Mortgage loans, net	1,783,014	1,890,174
Revolving credit facility	62,000
Term loans, net	717,172	547,072
Accounts payable and accrued expenses	124,874	138,060
Other liabilities, net	138,869	132,710
Total liabilities	2,825,929	2,708,016
Commitments and contingencies
Redeemable noncontrolling interests	440,737	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; 94,309 and 114,013 shares issued and outstanding as of December 31, 2023 and 2022	944	1,141
Additional paid-in capital	2,978,852	3,263,738
Accumulated deficit	(776,962)	(628,636)
Accumulated other comprehensive income	20,042	45,644
Total shareholders' equity of JBG SMITH Properties	2,222,876	2,681,887
Noncontrolling interests	28,973	32,225
Total equity	2,251,849	2,714,112
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY	$ 5,518,515	$ 5,903,438