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Redeemable Noncontrolling Interests (Tables)
9 Months Ended
Sep. 30, 2019
Noncontrolling Interest [Abstract]  
Redeemable Noncontrolling Interests
Below is a summary of the activity of redeemable noncontrolling interests:
 
Three Months Ended September 30,
 
2019
 
2018
 
JBG SMITH LP
 
Consolidated Real Estate Venture
 
Total
 
JBG SMITH LP
 
Consolidated Real Estate Venture
 
Total
 
(In thousands)
Balance as of beginning of period
$
568,242

 
$
5,986

 
$
574,228

 
$
659,716

 
$
5,907

 
$
665,623

OP Unit redemptions

 

 

 
(109,208
)
 

 
(109,208
)
Net income attributable to
  redeemable noncontrolling
  interests
1,172

 

 
1,172

 
3,552

 

 
3,552

Other comprehensive income (loss)
(803
)
 

 
(803
)
 
696

 

 
696

Contributions (distributions)
(3,831
)
 

 
(3,831
)
 
(4,106
)
 

 
(4,106
)
Share-based compensation expense
14,320

 

 
14,320

 
12,298

 

 
12,298

Adjustment to redemption value
1,446

 

 
1,446

 
(6,537
)
 

 
(6,537
)
Balance as of end of period
$
580,546

 
$
5,986

 
$
586,532

 
$
556,411

 
$
5,907

 
$
562,318


 
Nine Months Ended September 30,
 
2019
 
2018
 
JBG SMITH LP
 
Consolidated Real Estate Venture
 
Total
 
JBG SMITH LP
 
Consolidated Real Estate Venture
 
Total
 
(In thousands)
Balance as of beginning of period
$
552,159

 
$
5,981

 
$
558,140

 
$
603,717

 
$
5,412

 
$
609,129

OP Unit redemptions
(57,318
)
 

 
(57,318
)
 
(109,208
)
 

 
(109,208
)
Long-term incentive partnership
   units ("LTIP Units") issued in lieu
   of cash bonuses (1)
3,954

 

 
3,954

 

 

 

Net income (loss) attributable to
  redeemable noncontrolling
  interests
4,266

 
5

 
4,271

 
6,537

 
(5
)
 
6,532

Other comprehensive income (loss)
(3,689
)
 

 
(3,689
)
 
3,406

 

 
3,406

Contributions (distributions)
(7,670
)
 

 
(7,670
)
 
(8,763
)
 
500

 
(8,263
)
Share-based compensation expense
45,937

 

 
45,937

 
39,376

 

 
39,376

Adjustment to redemption value
42,907

 

 
42,907

 
21,346

 

 
21,346

Balance as of end of period
$
580,546

 
$
5,986

 
$
586,532

 
$
556,411

 
$
5,907

 
$
562,318