Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Real estate, at cost:
Land and improvements	$ 1,187,685	$ 1,194,737
Buildings and improvements	4,283,889	4,021,322
Construction in progress, including land	427,524	659,103
Real estate, at cost	5,899,098	5,875,162
Less: accumulated depreciation	(1,379,090)	(1,338,403)
Real estate, net	4,520,008	4,536,759
Cash and cash equivalents	220,514	164,773
Restricted cash	39,752	35,668
Tenant and other receivables	40,223	44,231
Deferred rent receivable	178,111	171,229
Investments in unconsolidated real estate ventures	104,782	264,281
Deferred leasing costs, net	79,538	81,477
Intangible assets, net	54,401	56,616
Other assets, net	168,021	163,481
TOTAL ASSETS	5,405,350	5,518,515
Liabilities:
Mortgage loans, net	1,816,508	1,783,014
Revolving credit facility		62,000
Term loans, net	717,391	717,172
Accounts payable and accrued expenses	133,084	124,874
Other liabilities, net	129,489	138,869
Total liabilities	2,796,472	2,825,929
Commitments and contingencies
Redeemable noncontrolling interests	435,529	440,737
Shareholders' equity:
Preferred shares, $0.01 par value - 200,000 shares authorized; none issued
Common shares, $0.01 par value - 500,000 shares authorized; 91,819 and 94,309 shares issued and outstanding as of March 31, 2024 and December 31, 2023	919	944
Additional paid-in capital	2,941,724	2,978,852
Accumulated deficit	(825,304)	(776,962)
Accumulated other comprehensive income	31,352	20,042
Total shareholders' equity of JBG SMITH Properties	2,148,691	2,222,876
Noncontrolling interests	24,658	28,973
Total equity	2,173,349	2,251,849
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY	$ 5,405,350	$ 5,518,515