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CONSOLIDATED BALANCE SHEETS - 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 BENEFICIARIES' 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 Realty Trust's Equity:    
Common Shares of Brandywine Realty Trust's beneficial interest, $0.01 par value; shares authorized 400,000,000; 173,702,177 and 172,665,995 issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 1,733 1,724
Additional paid-in-capital 3,195,813 3,182,621
Deferred compensation payable in common shares 23,069 20,456
Common shares in grantor trust, 1,586,138 and 1,221,333 issued and outstanding as of June 30, 2025 and December 31, 2024, respectively (23,069) (20,456)
Cumulative earnings 667,855 783,499
Accumulated other comprehensive income (loss) (1,118) 2,521
Cumulative distributions (2,984,508) (2,931,730)
Total Brandywine Realty Trust's equity 879,775 1,038,635
Noncontrolling interests 5,467 5,952
Total beneficiaries' equity 885,242 1,044,587
Total liabilities and beneficiaries' equity 3,394,339 3,492,213
Unsecured Debt    
LIABILITIES AND BENEFICIARIES' EQUITY    
Unsecured loans, net 249,186 318,949
Senior Notes    
LIABILITIES AND BENEFICIARIES' EQUITY    
Unsecured loans, net $ 1,776,851 $ 1,618,527