Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Real estate, at cost:
Land and improvements	$ 1,171,458	$ 1,194,737
Buildings and improvements	4,243,690	4,021,322
Construction in progress, including land	443,908	659,103
Real estate, at cost	5,859,056	5,875,162
Less: accumulated depreciation	(1,429,079)	(1,338,403)
Real estate, net	4,429,977	4,536,759
Cash and cash equivalents	136,983	164,773
Restricted cash	33,161	35,668
Tenant and other receivables	30,734	44,231
Deferred rent receivable	185,221	171,229
Investments in unconsolidated real estate ventures	100,682	264,281
Deferred leasing costs, net	78,171	81,477
Intangible assets, net	49,045	56,616
Other assets, net	138,503	163,481
TOTAL ASSETS	5,182,477	5,518,515
Liabilities:
Mortgage loans, net	1,816,156	1,783,014
Revolving credit facility	90,000	62,000
Term loans, net	717,578	717,172
Accounts payable and accrued expenses	99,773	124,874
Other liabilities, net	118,373	138,869
Total liabilities	2,841,880	2,825,929
Commitments and contingencies
Redeemable noncontrolling interests	444,945	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; 84,434 and 94,309 shares issued and outstanding as of September 30, 2024 and December 31, 2023	845	944
Additional paid-in capital	2,789,447	2,978,852
Accumulated deficit	(907,777)	(776,962)
Accumulated other comprehensive income (loss)	(477)	20,042
Total shareholders' equity of JBG SMITH Properties	1,882,038	2,222,876
Noncontrolling interests	13,614	28,973
Total equity	1,895,652	2,251,849
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY	$ 5,182,477	$ 5,518,515