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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net income $ 6,964 $ 8,087
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 40,343 52,038
Amortization of deferred financing costs 709 749
Amortization of debt discount/(premium), net (488) (395)
Amortization of stock compensation costs 2,606 2,349
Straight-line rent income (4,085) (2,183)
Amortization of acquired above (below) market leases, net (1,350) (1,495)
Ground rent expense 297 366
Provision for doubtful accounts 253 213
Net gain on sale of interests in real estate (2,067) (2,586)
Loss from Real Estate Ventures, net of distributions 6,924 1,890
Income tax provision 19 4
Changes in assets and liabilities:    
Accounts receivable (939) (1,348)
Other assets (10,491) (14,548)
Accounts payable and accrued expenses 4,991 (1,213)
Deferred income, gains and rent 1,302 (230)
Other liabilities (3,812) 3,360
Net cash provided by operating activities 41,176 45,058
Cash flows from investing activities:    
Acquisition of properties 0 (11,432)
Proceeds from the sale of properties 79 17,711
Capital expenditures for tenant improvements (7,202) (13,707)
Capital expenditures for redevelopments (6,339) (9,973)
Capital expenditures for developments (6,681) (19,426)
Advances for the purchase of tenant assets, net of repayments (443) 585
Investment in unconsolidated Real Estate Ventures (1,884) 0
Deposits for real estate 0 (1,011)
Capital distributions from Real Estate Ventures 3,934 0
Leasing costs paid (2,713) (5,315)
Net cash used in investing activities (21,249) (42,568)
Cash flows from financing activities:    
Repayments of mortgage notes payable 0 (1,945)
Proceeds from credit facility borrowings 33,000 66,000
Repayments of credit facility borrowings (20,000) (16,000)
Proceeds from the exercise of stock options, net (63) 47
Shares used for employee taxes upon vesting of share awards (758) (722)
Repurchase and retirement of common shares 0 (53,857)
Distributions paid to shareholders (32,516) (33,622)
Distributions to noncontrolling interest (187) (187)
Net cash used in financing activities (20,524) (40,286)
Decrease in cash and cash equivalents and restricted cash (597) (37,796)
Cash and cash equivalents and restricted cash at beginning of period 47,077 91,170
Cash and cash equivalents and restricted cash at end of period 46,480 53,374
Reconciliation of cash and cash equivalents and restricted cash:    
Cash and cash equivalents, beginning of period 46,344 90,499
Restricted cash, beginning of period 733 671
Cash and cash equivalents and restricted cash at beginning of period 47,077 91,170
Cash and cash equivalents, end of period 45,717 52,702
Restricted cash, end of period 763 672
Cash and cash equivalents and restricted cash at end of period 46,480 53,374
Supplemental disclosure:    
Cash paid for interest, net of capitalized interest during the three months ended March 31, 2021 and 2020 of $1,421 and $1,201, respectively 10,106 12,961
Cash paid for income taxes 1 1
Supplemental disclosure of non-cash activity:    
Dividends and distributions declared but not paid 32,763 32,692
Change in investment in real estate ventures as a result of deconsolidation 32,761 0
Change in operating real estate from deconsolidation of operating properties (30,073) 0
Change in other assets as a result of deconsolidation of operating properties (2,688) 0
Change in capital expenditures financed through accounts payable at period end (4,827) 2,745
Change in capital expenditures financed through retention payable at period end (3,752) 23
BRANDYWINE OPERATING PARTNERSHIP, L.P.    
Cash flows from operating activities:    
Net income 6,964 8,087
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 40,343 52,038
Amortization of deferred financing costs 709 749
Amortization of debt discount/(premium), net (488) (395)
Amortization of stock compensation costs 2,606 2,349
Straight-line rent income (4,085) (2,183)
Amortization of acquired above (below) market leases, net (1,350) (1,495)
Ground rent expense 297 366
Provision for doubtful accounts 253 213
Net gain on sale of interests in real estate (2,067) (2,586)
Loss from Real Estate Ventures, net of distributions 6,924 1,890
Income tax provision 19 4
Changes in assets and liabilities:    
Accounts receivable (939) (1,348)
Other assets (10,491) (14,548)
Accounts payable and accrued expenses 4,991 (1,213)
Deferred income, gains and rent 1,302 (230)
Other liabilities (3,812) 3,360
Net cash provided by operating activities 41,176 45,058
Cash flows from investing activities:    
Acquisition of properties 0 (11,432)
Proceeds from the sale of properties 79 17,711
Capital expenditures for tenant improvements (7,202) (13,707)
Capital expenditures for redevelopments (6,339) (9,973)
Capital expenditures for developments (6,681) (19,426)
Advances for the purchase of tenant assets, net of repayments (443) 585
Investment in unconsolidated Real Estate Ventures (1,884) 0
Deposits for real estate 0 (1,011)
Capital distributions from Real Estate Ventures 3,934 0
Leasing costs paid (2,713) (5,315)
Net cash used in investing activities (21,249) (42,568)
Cash flows from financing activities:    
Repayments of mortgage notes payable 0 (1,945)
Proceeds from credit facility borrowings 33,000 66,000
Repayments of credit facility borrowings (20,000) (16,000)
Proceeds from the exercise of stock options, net (63) 47
Shares used for employee taxes upon vesting of share awards (758) (722)
Repurchase and retirement of common shares 0 (53,857)
Distributions paid to shareholders (32,703) (33,809)
Net cash used in financing activities (20,524) (40,286)
Decrease in cash and cash equivalents and restricted cash (597) (37,796)
Cash and cash equivalents and restricted cash at beginning of period 47,077 91,170
Cash and cash equivalents and restricted cash at end of period 46,480 53,374
Reconciliation of cash and cash equivalents and restricted cash:    
Cash and cash equivalents, beginning of period 46,344 90,499
Restricted cash, beginning of period 733 671
Cash and cash equivalents and restricted cash at beginning of period 47,077 91,170
Cash and cash equivalents, end of period 45,717 52,702
Restricted cash, end of period 763 672
Cash and cash equivalents and restricted cash at end of period 46,480 53,374
Supplemental disclosure:    
Cash paid for interest, net of capitalized interest during the three months ended March 31, 2021 and 2020 of $1,421 and $1,201, respectively 10,106 12,961
Cash paid for income taxes 1 1
Supplemental disclosure of non-cash activity:    
Dividends and distributions declared but not paid 32,763 32,692
Change in investment in real estate ventures as a result of deconsolidation 32,761 0
Change in operating real estate from deconsolidation of operating properties (30,073) 0
Change in other assets as a result of deconsolidation of operating properties (2,688) 0
Change in capital expenditures financed through accounts payable at period end (4,827) 2,745
Change in capital expenditures financed through retention payable at period end $ (3,752) $ 23