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CONSOLIDATED BALANCE SHEETS - BRANDYWINE OPERATING PARTNERSHIP, L.P. - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Real estate investments:    
Operating properties $ 3,260,497 $ 3,374,780
Accumulated depreciation (1,206,366) (1,171,803)
Right of use asset - operating leases, net 18,108 18,412
Operating real estate investments, net 2,072,239 2,221,389
Construction-in-progress 90,950 94,628
Land held for development 74,541 81,318
Prepaid leasehold interests in land held for development, net 27,762 27,762
Total real estate investments, net 2,265,492 2,425,097
Cash and cash equivalents 122,645 90,229
Restricted cash and escrows 1,114 5,948
Accounts receivable 16,262 12,703
Assets held for sale, net 53,886 0
Accrued rent receivable, net of allowance of $670 and $909 as of June 30, 2025 and December 31, 2024, respectively 183,117 184,312
Investment in unconsolidated real estate ventures 555,541 570,455
Deferred costs, net 77,397 84,317
Intangible assets, net 4,222 5,505
Other assets 114,663 113,647
Total assets 3,394,339 3,492,213
LIABILITIES AND PARTNERS' EQUITY    
Secured debt, net 286,352 275,338
Accounts payable and accrued expenses 108,653 129,717
Distributions payable 26,457 26,256
Deferred income, gains and rent 17,105 35,414
Intangible liabilities, net 6,701 7,292
Liabilities related to assets held for sale, net 182 0
Lease liability - operating leases 23,634 23,546
Other liabilities 13,976 12,587
Total liabilities 2,509,097 2,447,626
Commitments and contingencies (See Note 14)
Brandywine Operating Partnership, L.P.'s equity:    
Accumulated other comprehensive income (loss) (1,118) 2,521
Total liabilities and beneficiaries' equity 3,394,339 3,492,213
Unsecured Debt    
LIABILITIES AND PARTNERS' EQUITY    
Unsecured loans, net 249,186 318,949
Senior Notes    
LIABILITIES AND PARTNERS' EQUITY    
Unsecured loans, net 1,776,851 1,618,527
Brandywine Operating Partnership, L.P.    
Real estate investments:    
Operating properties 3,260,497 3,374,780
Accumulated depreciation (1,206,366) (1,171,803)
Right of use asset - operating leases, net 18,108 18,412
Operating real estate investments, net 2,072,239 2,221,389
Construction-in-progress 90,950 94,628
Land held for development 74,541 81,318
Prepaid leasehold interests in land held for development, net 27,762 27,762
Total real estate investments, net 2,265,492 2,425,097
Cash and cash equivalents 122,645 90,229
Restricted cash and escrows 1,114 5,948
Accounts receivable 16,262 12,703
Assets held for sale, net 53,886 0
Accrued rent receivable, net of allowance of $670 and $909 as of June 30, 2025 and December 31, 2024, respectively 183,117 184,312
Investment in unconsolidated real estate ventures 555,541 570,455
Deferred costs, net 77,397 84,317
Intangible assets, net 4,222 5,505
Other assets 114,663 113,647
Total assets 3,394,339 3,492,213
LIABILITIES AND PARTNERS' EQUITY    
Secured debt, net 286,352 275,338
Accounts payable and accrued expenses 108,653 129,717
Distributions payable 26,457 26,256
Deferred income, gains and rent 17,105 35,414
Intangible liabilities, net 6,701 7,292
Liabilities related to assets held for sale, net 182 0
Lease liability - operating leases 23,634 23,546
Other liabilities 13,976 12,587
Total liabilities 2,509,097 2,447,626
Commitments and contingencies (See Note 14)
Redeemable limited partnership units at redemption value; 515,595 and 515,595 issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 2,187 2,870
Brandywine Operating Partnership, L.P.'s equity:    
General Partnership Capital; 173,702,177 and 172,665,995 units issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 881,700 1,036,712
Accumulated other comprehensive income (loss) (1,461) 2,190
Total Brandywine Operating Partnership, L.P.'s equity 880,239 1,038,902
Noncontrolling interest - consolidated real estate ventures 2,815 2,815
Total partners' equity 883,054 1,041,717
Total liabilities and beneficiaries' equity 3,394,338 3,492,213
Brandywine Operating Partnership, L.P. | Unsecured Debt    
LIABILITIES AND PARTNERS' EQUITY    
Unsecured loans, net 249,186 318,949
Brandywine Operating Partnership, L.P. | Senior Notes    
LIABILITIES AND PARTNERS' EQUITY    
Unsecured loans, net $ 1,776,851 $ 1,618,527