8-K

0001193125-24-094769.txt : 20240412 0001193125-24-094769.hdr.sgml : 20240412 20240412163310 ACCESSION NUMBER: 0001193125-24-094769 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 18 CONFORMED PERIOD OF REPORT: 20240412 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240412 DATE AS OF CHANGE: 20240412 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BRANDYWINE REALTY TRUST CENTRAL INDEX KEY: 0000790816 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 232413352 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09106 FILM NUMBER: 24841946 BUSINESS ADDRESS: STREET 1: 2929 ARCH STREET STREET 2: SUITE 1800 CITY: PHILADELPHIA STATE: PA ZIP: 19104 BUSINESS PHONE: 6103255600 MAIL ADDRESS: STREET 1: 2929 ARCH STREET STREET 2: SUITE 1800 CITY: PHILADELPHIA STATE: PA ZIP: 19104 FORMER COMPANY: FORMER CONFORMED NAME: LINPRO SPECIFIED PROPERTIES DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BRANDYWINE OPERATING PARTNERSHIP, L.P. CENTRAL INDEX KEY: 0001060386 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 232862640 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-24407 FILM NUMBER: 24841947 BUSINESS ADDRESS: STREET 1: C/O BRANDYWINE REALTY TRUST STREET 2: 2929 ARCH STREET, SUITE 1800 CITY: PHILADELPHIA STATE: PA ZIP: 19104 BUSINESS PHONE: 6103255600 MAIL ADDRESS: STREET 1: C/O BRANDYWINE REALTY TRUST STREET 2: 2929 ARCH STREET, SUITE 1800 CITY: PHILADELPHIA STATE: PA ZIP: 19104 FORMER COMPANY: FORMER CONFORMED NAME: BRANDYWINE OPERATING PARTNERSHIP LP /PA DATE OF NAME CHANGE: 19980428 8-K 1 d819413d8k.htm 8-K 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM

8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 12, 2024

BRANDYWINE REALTY TRUST

BRANDYWINE OPERATING PARTNERSHIP, L.P.

(Exact name of registrant as specified in charter)


Maryland (Brandywine Realty Trust)	001-9106	23-2413352
Delaware (Brandywine Operating Partnership, L.P.)	000-24407	23-2862640
(State or Other Jurisdiction of Incorporation or Organization)	(Commission file number)	(I.R.S. Employer Identification Number)

2929 Arch Street

Suite 1800

Philadelphia,

19104

(Address of principal executive offices) (Zip Code)

(610)

325-5600

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form

8-K

filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Shares of Beneficial Interest	BDN	NYSE

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule

12b-2

of the Securities Exchange Act of 1934

(§240.12b-2

of this chapter).

Brandywine Realty Trust

Emerging growth company ☐

Brandywine Operating Partnership, L.P.

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Brandywine Realty Trust

☐

Brandywine Operating Partnership, L.P.

☐

Item 1.01

Entry into a Material Definitive Agreement

On April 12, 2024, Brandywine Operating Partnership, L.P., a Delaware limited partnership (the “Operating Partnership”), completed its offering and sale (the “Notes Offering”) of $400 million in aggregate principal amount of its 8.875% Guaranteed Notes due 2029 (the “Notes”). The Notes Offering was made pursuant to the Operating Partnership’s shelf registration statement on Form

S-3

(File

No. 333-270133)

filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2023. The material terms of the Notes are described in the base prospectus dated February 28, 2023, as supplemented by a final prospectus supplement dated April 3, 2024.

The Notes were issued under the Indenture, dated as of October 22, 2004 (the “Original Indenture,” and, as modified or supplemented from time to time, the “Indenture”), as supplemented by the First Supplemental Indenture dated as of May 25, 2005 (the “First Supplemental Indenture”), and the Third Supplemental Indenture dated as of April 5, 2011 (the “Third Supplemental Indenture”), among Brandywine Realty Trust, a Maryland real estate investment trust (the “Company”), the Operating Partnership and The Bank of New York Mellon (formerly known as The Bank of New York), as trustee.

The Notes bear interest at a rate of 8.875% per year. Interest is payable on the Notes semi-annually on April 12 and October 12 of each year, beginning on October 12, 2024.

The Notes are unsecured obligations of the Operating Partnership and will rank equally with all of its other unsecured unsubordinated indebtedness from time to time outstanding. The Notes will be effectively subordinated to the indebtedness and other liabilities of the consolidated subsidiaries of the Operating Partnership. The Company, which is the sole general partner of the Operating Partnership, has fully and unconditionally guaranteed payment of principal and interest on the Notes.

Prior to March 12, 2029 (one month prior to the Notes’ maturity date) (the “Par Call Date”), the Operating Partnership may redeem the Notes at its option, in whole or in part, at any time and from time to time, at a redemption price (expressed as a percentage of principal amount and rounded to three decimal places) equal to the greater of: (1) (a) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted to the redemption date (assuming the Notes matured on the Par Call Date) on a semi-annual basis (assuming a

360-day

year consisting of twelve

30-day

months) at the Treasury Rate plus 50 basis points less (b) interest accrued to the date of redemption, and (2) 100% of the principal amount of the Notes to be redeemed, plus in either case, accrued and unpaid interest thereon to the redemption date.

On or after the Par Call Date, the Company may redeem the Notes, in whole or in part, at any time and from time to time, at a redemption price equal to 100% of the principal amount of the Notes being redeemed plus accrued and unpaid interest thereon to the redemption date.

If certain events of default specified in the Indenture occur and are continuing with respect to a series of the Notes, the Trustee or the holders of not less than 25% in outstanding principal amount of a series of the Notes may declare the principal of and premium, if any, and accrued and unpaid interest on the Notes to be due and payable immediately by written notice thereof to the Operating Partnership and the Company (and to the Trustee if given by the holders).

The net proceeds from the Notes Offering amounted to approximately $391.8 million after deducting the

underwriting

discount and estimated transaction expenses relating to the Notes Offering and payable by the Operating Partnership and excluding accrued interest paid by the purchasers of the Notes. The Operating Partnership will use the net proceeds from the Notes Offering to repurchase or redeem the $335.1 million outstanding principal amount of the Operating Partnership’s 4.10% Guaranteed Notes due October 1, 2024 and for general corporate purposes, which may include the repayment, repurchase or other retirement of other indebtedness.

Affiliates of certain of the Underwriters, and the trustee under the indenture for the notes, are lenders and/or agents under the unsecured revolving credit facility. To the extent that the net proceeds from the offering are used to repay amounts that have been borrowed, may borrow or

re-borrow

in the future under the unsecured revolving credit facility and term loan facility, those lenders will receive a pro rata portion of any of the proceeds from this offering that are used to repay any such amounts.

The foregoing is a summary of the material terms and conditions of the Indenture and is not a complete discussion. Accordingly, the foregoing is qualified in its entirety by reference to the full text of the Original Indenture, the First Supplemental Indenture, the Third Supplemental Indenture, and the Notes. The Original Indenture previously was filed with the Commission on October 22, 2004, as Exhibit 4.1 to the Company’s Current Report on Form

8-K,

and is incorporated into this Item 1.01 by this reference. The First Supplemental Indenture previously was filed with the Commission on May 26, 2005, as Exhibit 4.1 to the Company’s Current Report on Form

8-K,

and is incorporated into this Item 1.01 by this reference. The Third Supplemental Indenture previously was filed with the Commission on April 5, 2011, as Exhibit 4.1 to the Company’s Current Report on Form

8-K,

and is incorporated into this Item 1.01 by this reference. A form of Note is included in Exhibit 4.1, to this Current Report on Form

8-K

and are incorporated into this Item 1.01 by this reference.

Item 2.03

Creation of a Direct Financial Obligation or an Obligation under an

Off-Balance

Sheet Arrangement of the Registrant

The information provided in Item 1.01 of this Current Report on Form

8-K

pertaining to the Notes Offering and the issuance of the Notes is incorporated by reference into this Item 2.03.

Item 8.01

Other Events

On April 12, 2024, the Company issued a press release announcing the closing of the Notes Offering.

A copy of the press release announcing the closing of the Notes Offering is filed as Exhibit

.1 to this Current Report on Form

8-K

and is incorporated herein by reference.

Item 9.01

Financial Statements and Exhibits


Exhibit		Description

4.1		Form of 8.875% Guaranteed Notes due 2029.

4.2		Indenture dated October 22, 2004 by and among Brandywine Operating Partnership, L.P., Brandywine Realty Trust, certain subsidiaries of Brandywine Operating Partnership, L.P. named therein and The Bank of New York Mellon, as Trustee (previously filed as an exhibit to the Company’s Form 8-K dated October 22, 2004 and incorporated herein by reference).

4.3		First Supplemental Indenture dated as of May 25, 2005 by and among Brandywine Operating Partnership, L.P., Brandywine Realty Trust, certain subsidiaries of Brandywine Operating Partnership, L.P. named therein and The Bank of New York Mellon, as Trustee (previously filed as an exhibit to the Company’s Form 8-K dated May 26, 2005 and incorporated herein by reference).

4.4		Third Supplemental Indenture dated as of April 5, 2011 by and among Brandywine Operating Partnership, L.P., Brandywine Realty Trust and The Bank of New York Mellon, as Trustee (previously filed as an exhibit to the Company’s Form 8-K dated April 5, 2011 and incorporated herein by reference).

99.1		Brandywine Realty Trust Press Release dated April 12, 2024.

104		Cover Page Interactive Data File (embedded within the Inline XBRL document).

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.


BRANDYWINE REALTY TRUST

By:		/s/ Thomas E. Wirth
		Thomas E. Wirth
		Executive Vice President and Chief Financial Officer


BRANDYWINE OPERATING PARTNERSHIP, L.P.

By:		BRANDYWINE REALTY TRUST, ITS GENERAL PARTNER

By:		/s/ Thomas E. Wirth
		Thomas E. Wirth
		Executive Vice President and Chief Financial Officer

Date: April 12, 2024

EX-4.1 2 d819413dex41.htm EX-4.1 EX-4.1

Exhibit 4.1

THIS NOTE IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE THEREOF. UNLESS AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART FOR NOTES IN CERTIFICATED FORM, THIS NOTE MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY.

UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (“DTC”) TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

BRANDYWINE OPERATING PARTNERSHIP, L.P.

8.875% Guaranteed Notes Due 2029

REGISTERED

No. 1

PRINCIPAL AMOUNT $400,000,000

CUSIP No. 105340 AS2

ISIN No. US105340AS20

BRANDYWINE OPERATING PARTNERSHIP, L.P., a Delaware limited partnership (the “Issuer”, which term includes any successor entity under the Indenture hereinafter referred to), for value received, hereby promises to pay to Cede & Co., as the nominee of DTC, or registered assigns, the principal sum of FOUR HUNDRED MILLION DOLLARS ($400,000,000) on April 12, 2029, unless redeemed on any Redemption Date (as defined on the reverse hereof), and to pay interest on the outstanding principal amount of this Note from April 12, 2024 (or from the most recent Interest Payment Date (as defined below) to which interest has been paid or duly provided for), semiannually in arrears on April 12 and October 12 of each year, commencing on October 12, 2024 (the “Interest Payment Dates”), at the rate of 8.875% per annum, subject to adjustment as set forth on the reverse hereof, until payment of said principal amount has been paid or duly provided for. Interest on this Note will be computed on the basis of a 360-day year of twelve 30-day months.

The interest so payable and punctually paid or duly provided for on any Interest Payment Date will be paid, as provided in the Indenture, to the Person in whose name this Note (or one or more Predecessor Securities) is registered at the close of business on the “Regular Record Date” for such payment, which will be the April 1 and October 1 (regardless of whether

such day is a Business Day) immediately preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for on an Interest Payment Date (“Defaulted Interest”) will forthwith cease to be payable to the Holder on such Regular Record Date, and may either be paid to the Person in whose name this Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, with notice whereof given by mail by or on behalf of the Issuer to the Holder of this Note not less than 10 days prior to such Special Record Date (which will be not more than 15 days and not less than 10 days prior to the date of the proposed payment of such Defaulted Interest), or may be paid at any time in any other lawful manner, all as more fully provided for in the Indenture (as defined on the reverse hereof).

Payment of the principal of and Make-Whole Amount (as defined on the reverse hereof), if any, and interest on this Note will be made at the office or agency of the Issuer maintained by the Issuer for such purpose in the Borough of Manhattan, The City of New York, which initially will be the Corporate Trust Office of The Bank of New York Mellon, the Trustee for this Note under the Indenture, located at 240 Greenwich Street, Floor 7E, Attention: Corporate Trust Administration, New York, New York 10286, in such coin or currency of the United States as at the time of payment is legal tender for payment of public and private debts; provided, however, that at the option of the Issuer payment of interest may be made by check mailed to the address of the Person entitled thereto as such address will appear in the Security Register or by wire transfer of funds to the Person entitled thereto at a bank account maintained in the United States.

Reference is hereby made to the further provisions of this Note set forth on the reverse hereof, which such further provisions will for all purposes have the same effect as if set forth at this place.

Unless the certificate of authentication hereon has been executed by or on behalf of The Bank of New York Mellon, the Trustee for this Note under the Indenture, or its successor thereunder, by the manual, electronic or facsimile signature of one of its authorized officers, this Note will not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose.

IN WITNESS WHEREOF, the Issuer has caused this instrument to be duly executed, manually or in facsimile, and an imprint or facsimile of its seal to be imprinted hereon.

Dated: April 12, 2024


[SEAL]	BRANDYWINE OPERATING PARTNERSHIP, L.P.

	By: Brandywine Realty Trust, as General Partner

	By:
		Name: Thomas E. Wirth
		Title: Executive Vice President and
		Chief Financial Officer


Attest:

By:
		Name: Shawn Neuman
		Title: Senior Vice President, General Counsel and Secretary

CERTIFICATE OF AUTHENTICATION

This is one of the Securities of the series designated therein described in the within-mentioned Indenture.


THE BANK OF NEW YORK MELLON, as Trustee

By:
		Authorized Signatory

[Signature page to Global Note Due 2029]

[REVERSE OF NOTE]

BRANDYWINE OPERATING PARTNERSHIP, L.P.

8.875% Guaranteed Notes Due 2029

This Note is one of a duly authorized issue of securities of the Issuer (the “Securities”), issued or to be issued under and pursuant to an Indenture, dated as of October 22, 2004, as supplemented (the “Indenture”), among the Issuer, Brandywine Realty Trust, a Maryland real estate investment trust (the “Parent Guarantor”), and The Bank of New York Mellon, as Trustee (the “Trustee,” which term includes any successor Trustee under the Indenture with respect to the series of Securities of which this Note is a part), to which Indenture and all indentures supplemental thereto reference is hereby made for a statement of the respective rights thereunder of the Issuer, the Parent Guarantor, the Trustee and the Holders of the Securities and the terms upon which the Securities are to be authenticated and delivered. The Securities may be issued in one or more series, which different series may be issued in various aggregate principal amounts, may mature at different times, may bear interest (if any) at different rates, may be subject to different redemption provisions (if any), and may otherwise vary as provided in the Indenture. This Note is one of a series of Securities designated as the “8.875% Guaranteed Notes due 2029” of the Issuer (the “Notes”), initially limited in aggregate principal amount to $400,000,000. The Issuer may, from time to time, without the consent of the Holders, issue and sell additional Securities ranking equally with the Notes and otherwise identical in all respects (except for their date of issuance, issue price and the date from which interest payments thereon will accrue) so that such additional Securities will be consolidated and form a single series with the Notes.

The Notes are fully and unconditionally guaranteed as to the due and punctual payment of principal of and Make-Whole Amount, if any, and interest on the Notes by the Parent Guarantor.

All terms used in this Note which are defined in the Indenture will have the meanings assigned to them in the Indenture.

Prior to March 12, 2029 (one month prior to their maturity date) (the “Par Call Date”), the Issuer may redeem the Notes at its option, in whole or in part, at any time and from time to time, at a redemption price (the “Redemption Price”) (expressed as a percentage of principal amount and rounded to three decimal places) equal to the greater of: (i) (a) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted to the date fixed for redemption (the “Redemption Date”) (assuming the Notes matured on the Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 50 basis points less (b) interest accrued to the Redemption Date, and (ii) 100% of the principal amount of the Notes to be redeemed, plus, in either case, accrued and unpaid interest thereon to the Redemption Date.

On or after the Par Call Date, the Issuer may redeem the Notes, in whole or in part, at any time and from time to time, at a Redemption Price equal to 100% of the principal amount of the Notes being redeemed plus accrued and unpaid interest thereon to the Redemption Date.

The Issuer’s actions and determinations in determining the Redemption Price shall be conclusive and binding for all purposes, absent manifest error.

Notice of any redemption shall be mailed or electronically delivered (or otherwise transmitted in accordance with the depositary’s procedures) at least 10 days but not more than 60 days before the Redemption Date to the Holder of Notes to be redeemed.

In the case of a partial redemption, selection of the Notes in definitive form for redemption shall be made by lot. No Notes of a principal amount of $2,000 or less will be redeemed in part. If any Note is to be redeemed in part only, the notice of redemption that relates to the Note shall state the portion of the principal amount of the Note to be redeemed. A new Note in a principal amount equal to the unredeemed portion of the Note will be issued in the name of the holder of the Note upon surrender for cancellation of the original Note. For so long as the notes are held by DTC (or another Depositary), the redemption of the Notes shall be done in accordance with the policies and procedures of the Depositary, and may be made on a pro rata pass-through distribution of principal basis.

Unless the Issuer defaults in payment of the Redemption Price, on and after the Redemption Date interest will cease to accrue on this Note or portions thereof called for redemption.

The following terms have the meanings specified below:

“Treasury Rate” means, with respect to any Redemption Date, the yield determined by the Issuer in accordance with the following two paragraphs.

The Treasury Rate shall be determined by the Issuer after 4:15 p.m., New York City time (or after such time as yields on U.S. government securities are posted daily by the Board of Governors of the Federal Reserve System), on the third business day preceding the Redemption Date based upon the yield or yields for the most recent day that appear after such time on such day in the most recent statistical release published by the Board of Governors of the Federal Reserve System designated as “Selected Interest Rates (Daily)—H.15” (or any successor designation or publication) (“H.15”) under the caption “U.S. government securities–Treasury constant maturities–Nominal” (or any successor caption or heading) (“H.15 TCM”). In determining the Treasury Rate, the Issuer shall select, as applicable: (1) the yield for the Treasury constant maturity on H.15 exactly equal to the period from the Redemption Date to the Par Call Date (the “Remaining Life”); or (2) if there is no such Treasury constant maturity on H.15 exactly equal to the Remaining Life, the two yields – one yield corresponding to the Treasury constant maturity on H.15 immediately shorter than and one yield corresponding to the Treasury constant maturity on H.15 immediately longer than the Remaining Life – and shall interpolate to the Par Call Date on a straight-line basis (using the actual number of days) using such yields and rounding the result to three decimal places; or (3) if there is no such Treasury constant maturity on H.15 shorter than or longer than the Remaining Life, the yield for the single Treasury constant maturity on H.15 closest to the Remaining Life. For purposes of this paragraph, the applicable Treasury constant maturity or maturities on H.15 shall be deemed to have a maturity date equal to the relevant number of months or years, as applicable, of such Treasury constant maturity from the Redemption Date.

If on the third business day preceding the redemption date H.15 TCM is no longer published, the Issuer shall calculate the Treasury Rate based on the rate per annum equal to the semi-annual equivalent yield to maturity at 11:00 a.m., New York City time, on the second business day preceding such Redemption Date of the United States Treasury security maturing on, or with a maturity that is closest to, the Par Call Date, as applicable. If there is no United States Treasury security maturing on the Par Call Date but there are two or more United States Treasury securities with a maturity date equally distant from the Par Call Date, one with a maturity date preceding the Par Call Date and one with a maturity date following the Par Call Date, the Issuer shall select the United States Treasury security with a maturity date preceding the Par Call Date. If there are two or more United States Treasury securities maturing on the Par Call Date or two or more United States Treasury securities meeting the criteria of the preceding sentence, the Issuer shall select from among these two or more United States Treasury securities the United States Treasury security that is trading closest to par based upon the average of the bid and asked prices for such United States Treasury securities at 11:00 a.m., New York City time. In determining the Treasury Rate in accordance with the terms of this paragraph, the semi-annual yield to maturity of the applicable United States Treasury security shall be based upon the average of the bid and asked prices (expressed as a percentage of principal amount) at 11:00 a.m., New York City time, of such United States Treasury security, and rounded to three decimal places.

This Note is not subject to repayment at the option of the Holder thereof. In addition, this Note is not entitled to the benefit of, and is not subject to, any sinking fund.

In case an Event of Default with respect to this Note shall have occurred and be continuing, the principal of and Make-Whole Amount, if any, and interest on this Note may automatically become or may be declared, and upon such declaration will become, due and payable, in the manner, with the effect and subject to the conditions provided in the Indenture.

The Indenture permits, with certain exceptions as therein provided, the Issuer, the Parent Guarantor and the Trustee with the consent of the Holders of more than 50% in principal amount of the Notes at the time Outstanding, to execute supplemental indentures for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of the Indenture or of modifying in any manner the rights of the Holders of the Notes; provided, however, that, without the consent of the Holder of each Security affected thereby, no such supplemental indenture will, among other things: (i) change the Stated Maturity of the principal of, or any installment of principal of or interest on, any Security, (ii) reduce the principal amount of or premium, if any, or interest on any Security; (iii) change the Place of Payment on any Security or the currency or currency unit in which any Security or the principal thereof or premium, if any, or interest thereon is payable; (iv) impair the right to institute suit for the enforcement of any such payment on or after the Stated Maturity thereof (or, in the case of redemption, on or after the Redemption Date); (v) reduce or alter the method of computation of any amount payable upon redemption, repayment or purchase of any Security by the Issuer or the Parent Guarantor (or the time when such redemption, repayment or purchase may be made); (vi) modify or affect in any manner adverse to Holders of any Securities the terms of the obligations

of the Parent Guarantor in respect of the due and punctual payment of principal of or premium, if any, or interests on any Security; or (vii) reduce the percentage in principal amount of the Outstanding Securities of any particular series, the consent of the Holders of which is required for any such supplemental indenture. The Indenture also permits the Issuer, the Parent Guarantor and the Trustee to enter into one or more supplemental indentures, without the consent of any Holders of the Notes, to, among other things: (i) evidence the succession of another person as obligor or a guarantor under the Indenture; (ii) add covenants of the Issuer or the Parent Guarantor for the benefit of Holders of Securities; (iii) add events of default for the benefit of Holders of Securities; (iv) secure, or add additional guarantees with respect to, the Securities; (v) provide for the acceptance of appointment by a successor trustee; (vi) cure any ambiguity, defect or inconsistency in the Indenture, provided that such action will not adversely affect the interests of Holders of Securities of any series in any material respects; and (vii) supplement any provisions of the Indenture to permit or facilitate defeasance or discharge of any series of Securities provided that such action will not adversely affect the interests of Holders of Securities of any series in any material respect.

The Indenture also contains provisions permitting the Holders of more than 50% in principal amount of the Outstanding Securities of a series, on behalf of the Holders of all of the Securities of such series, to waive compliance by the Issuer and the Parent Guarantor with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences with respect to a Security, except a default in the payment of principal of or interest, if any, on such Security or a default with respect to a covenant or provision of the Indenture, which cannot be amended without the consent of the Holder of such Security.

This Note is issuable only in registered form, without coupons, in denominations of $2,000 and integral multiples of $1,000 in excess thereof. As provided in the Indenture and subject to certain limitations therein set forth, this Note is exchangeable for a like aggregate principal amount of Notes as requested by the Holder surrendering the same. If (x) the Depositary is at any time unwilling or unable to continue as depositary and a successor Depositary is not appointed by the Issuer within 90 days after the Issuer receives such notice or becomes aware of such ineligibility, (y) the Issuer delivers to the Trustee an Issuer Order to the effect that this Note will be exchangeable or (z) an Event of Default has occurred and is continuing with respect to the Notes, this Note will be exchangeable for Notes in definitive form and in an equal aggregate principal amount. Such definitive Notes will be registered in such name or names as the Depositary will instruct the Trustee.

As provided in the Indenture and subject to certain limitations set forth therein and above, the transfer of this Note may be registered on the Security Register of the Issuer, upon surrender of this Note for registration of transfer at the office or agency of the Issuer in the Borough of Manhattan, The City of New York, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Issuer duly executed by, the Holder hereof or by his attorney duly authorized in writing, and thereupon one or more new Notes of authorized denominations and for the same aggregate principal amount will be issued to the designated transferee or transferees.

No reference herein to the Indenture and no provision of this Note or of the Indenture will alter or impair the obligation of the Issuer, which is absolute and unconditional, to pay the principal of and the Make-Whole Amount, if any, and interest on this Note at the time, place and rate, and in the coin or currency, herein and in the Indenture prescribed, or impair the obligations of the Parent Guarantor in respect of its unconditional guarantee of the aforementioned payments.

No service charge will be made for any such registration of transfer or exchange, but the Issuer may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.

Prior to due presentment of this Note for registration of transfer, the Issuer, the Parent Guarantor, the Trustee and any agent of the Issuer, the Parent Guarantor or the Trustee may treat the Person in whose name this Note is registered as the Holder of this Note for all purposes, whether or not this Note be overdue, and none of the Issuer, the Parent Guarantor or the Trustee nor any such agent will be affected by notice to the contrary.

Certain of the Issuer’s and the Parent Guarantor’s obligations under the Indenture with respect to any series of Securities may be terminated if the Issuer or the Parent Guarantor irrevocably deposits with the Trustee money or Government Obligations sufficient to pay and discharge the entire indebtedness on all such Securities, as provided in the Indenture.

No recourse will be had for the payment of the principal of or Make-Whole Amount, if any, or the interest, if any, on this Note, or for any claim based thereon, or upon any obligation, covenant or agreement of the Issuer or the Parent Guarantor in the Indenture, against any incorporator, limited partner, shareholder, trustee, director, officer or employee, as such, past, present of future, of the Issuer, of the Parent Guarantor or of any successor entity to the Issuer or the Parent Guarantor, whether by virtue of any constitution, statute or rule of law or by the enforcement of any assessment of penalty or otherwise; and all such personal liability is expressly released and waived as a condition of, and as part of the consideration for, the issuance of this Note.

The Indenture and the Notes will be governed by, and construed in accordance with, the laws of the State of New York.

ASSIGNMENT/TRANSFER FORM

FOR VALUE RECEIVED the undersigned registered Holder hereby sell(s), assign(s) and transfer(s) unto (insert Taxpayer Identification No.) ______________________

(Please print or typewrite name and address including postal zip code of assignee)

the within Note and all rights thereunder, hereby irrevocably constituting and appointing ________________________________________ attorney to transfer said Note on the books of the Issuer with full power of substitution in the premises.


Date: ____________________


				NOTICE: The signature of the registered Holder to this assignment must correspond with the name as written upon the face of the within instrument in every particular, without alteration or enlargement or any change whatsoever.

EX-99.1 3 d819413dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

Company / Investor Contact:

Tom Wirth

EVP & CFO

610-832-7434

tom.wirth@bdnreit.com

Brandywine Realty Trust Announces Closing of $400 Million Offering of 8.875% Guaranteed Notes Due 2029

PHILADELPHIA, PA, April 12, 2024 — Brandywine Realty Trust (the “Company”) (NYSE: BDN) announced today that its operating partnership, Brandywine Operating Partnership, L.P. (the “Operating Partnership”), has closed its previously announced underwritten public offering of $400 million of its 8.875% guaranteed notes due 2029 (the “Notes”).

The Operating Partnership intends to use the net proceeds of the offering to repurchase or redeem the $335.1 million outstanding principal amount of its 4.10% Guaranteed Notes due October 1, 2024 and for general corporate purposes, which may include the repayment, repurchase or other retirement of other indebtedness.

The offering of the Notes was made pursuant to an effective shelf registration statement and related prospectus and preliminary prospectus supplement filed by the Company with the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities nor will there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About Brandywine Realty Trust

Brandywine Realty Trust (NYSE: BDN) is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in the Philadelphia and Austin markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 158 properties and 22.4 million square feet as of December 31, 2023, which excludes assets held for sale. Our purpose is to shape, connect and inspire the world around us through our expertise, the relationships we foster, the communities in which we live and work, and the history we build together. For more information, please visit www.brandywinerealty.com.

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as “will,” “strategy,” “expects,” “seeks,” “believes,” “potential,” or other similar words. Because such statements involve known and unknown risks, uncertainties and contingencies, actual results may differ materially from the expectations, intentions, beliefs, plans or predictions of the future expressed or implied by such forward-looking statements. These forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and not within our control. Such risks, uncertainties and contingencies include, among others: risks related to the impact of potential future outbreaks of infectious diseases on our financial condition; results of operations and cash flows and those of our tenants as well as on the economy and real estate and financial markets; reduced demand for office space and pricing pressures, including from competitors, that could limit our ability to lease space or set rents at expected levels or that could lead to declines in rent; uncertainty and volatility in capital and credit markets, including changes that reduce availability, and increase costs, of capital; the effect of inflation and interest rate fluctuations, including on the costs of our planned debt refinancing; the potential loss or bankruptcy of tenants or the inability of tenants to meet their rent and other lease obligations; risks of acquisitions and dispositions, including unexpected liabilities and integration costs; delays in completing, and cost overruns incurred in connection with, our developments and redevelopments; disagreements with joint venture partners; unanticipated operating and capital costs; uninsured casualty losses and our ability to obtain adequate insurance, including coverage for terrorist acts; additional asset impairments; our dependence upon certain geographic markets; changes in governmental regulations, tax laws and rates and similar matters; unexpected costs of REIT qualification compliance; and costs and disruptions as the result of a cybersecurity incident or other technology disruption. The declaration and payment


2929 Arch Street, Suite 1800, Philadelphia, PA 19104		Phone: (610) 325-5600 • Fax: (610) 325-5622

of future dividends (both timing and amount) is subject to the determination of our Board of Trustees, in its sole discretion, after considering various factors, including our financial condition, historical and forecast operating results, and available cash flow, as well as any applicable laws and contractual covenants and any other relevant factors. Our Board’s practice regarding declaration of dividends may be modified at any time and from time to time. Additional information on factors which could impact us, and the forward-looking statements contained herein are included in our filings with the Securities and Exchange Commission, including our Form 10-K for the year ended December 31, 2023. We assume no obligation to update or supplement forward-looking statements that become untrue because of subsequent events except as required by law.

-2-

EX-101.SCH 4 bdn-20240412.xsd XBRL TAXONOMY EXTENSION SCHEMA 1001 - Document - Cover Page link:presentationLink link:definitionLink link:calculationLink EX-101.CAL 5 bdn-20240412_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF 6 bdn-20240412_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 7 bdn-20240412_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Cover [Abstract] Entities [Table] Entities [Table] Entity Addresses, Address Type [Axis] Entity Addresses, Address Type [Axis] Address Type [Domain] Address Type [Domain] Entity Information [Line Items] Amendment Flag City Area Code Document Period End Date Document Type Entity Address, Address Line One Entity Address, Address Line Two Entity Address, City or Town Entity Address, Postal Zip Code Entity Address, State or Province Entity Central Index Key Entity Emerging Growth Company Entity File Number Entity Incorporation, State or Country Code Entity Registrant Name Entity Tax Identification Number Local Phone Number Pre-commencement Issuer Tender Offer Pre-commencement Tender Offer Title of 12(b) Security Security Exchange Name Soliciting Material Trading Symbol Written Communications Legal Entity [Axis] Legal Entity [Axis] Entity [Domain] Entity [Domain] Brandywine Operating Partnership, L.P. [Member] Brandywine Operating Partnership, L.P. Brandywine Operating Partnership, L.P. [Member] EX-101.PRE 8 bdn-20240412_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE GRAPHIC 9 g819413g0412032026829.jpg GRAPHIC begin 644 g819413g0412032026829.jpg M_]C_X 02D9)1@ ! 0$ 8 !@ #_VP!# @&!@<&!0@'!P<)"0@*#!0-# L+ M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7& MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0 'P$ P$! 0$! M 0$! 0 $" P0%!@<("0H+_\0 M1$ @$"! 0#! <%! 0 0)W $" M Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O 58G+1"A8D-.$E\1<8&1HF M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$ MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4 MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H # ,! (1 Q$ /P#W^BBB@ HH MHH **** "BBB@ HHHH **** "BBB@ HHHH *2EI* %HHHH *C:4+U#?E4E,, M8/\ $P^C&@"!KZ-.J2?@AJ!]9@3K%.?I&:MFW!_Y:2_A(:B>R#?\MI_^_P U M4K"U,^3Q-:1]8+D_2(U5D\:V,?6UO#](JT)=+#?\M[C_ ,"'JA-H>[/[ZX_\ M"I*I*)+;*4OQ%TZ+K87Y^D0_QIUG\2-#N&<7 NK/;T,T).[Z;_/[R M<_\ ;Y)61=>$M^?]:?K>RUJH09DZC1V5EXPT#4)5BMM11I&8*JLC(2?;QWG!_2I ME0>\06)ALSLZ*;&ZR(&4@@^AS3JP.@**** "DI:2@!:*** "BBB@ ICJQ^Z< M?C3CTJ%XBW\;#Z"@""6&8])0/Q_^M5*:UN3_ ,O2C\?_ +&K4EJQ_P"6LGY? M_7JC-8N?^6LOY'_&K1#*4]E,[F$:1HBY[ )C]1FNEKG_ C87-CI""Z8 M,Y "D32L-HZ?+)]WZ"N@KAJ6YG8[J=^57=PHHHJ"PI*6DH 6BBB@ HHHH :6 MQ43S 5*5S5>6)S]W'XTT)E>6[0#G^0K/GU"(=3_XZ/\ &K$]M<'H8_Q'_P!: MLRXL[LYQY/Y?_8UK&QE*Y5N=3M^NQ\,^"A93QZA?N9)AADB=-C1-]5;!KC%>_T]66W=8E)R50$ _DM:^E> M.M2M;A8KZ6*6$@#=*NP(!Z;5R?QJJCDXV@32II2YIGJ-%4K#4X-24O;I@?P/\ ]\?_ %JOR"4],?G5*:.Y/W2OYU:1+9E7%^O/[N3_ M +X_^M63HIIB,.5[T= M))OP%9\TM^/^6EQ^M=288SU45&UG W5!5*2):9Q%Q/??W[G_ ,>_QK*GN+L$ MYDNOP5Z]%6PL)P2@1P#@E2#S3&T*P?K%6BJ11#C/H>637A'^L^W'Z!O\#6>; MB.XF$4<.J.['HJ,?_9*]<;PQI;]83^=6K/2M/TQ=T$$2,NE7[6" M6A*A-O4H>%M CT33\D'[1, TA+D_0=!_(5O4V.1)4#QNKJ>C*<@TZN9MMW9N ME9!1112&%)2TE "T444 <%\5RJZ!IK,0%&I1$DG@<-71Z5XIT/5DG6PU*&1R/<5SGQ819/#^G(ZAD;4H@P/0C#53FMH+;XA:LL$*1*VB,2$7 M / KH45*FK^?Z&+;4V=A;^+- NY3%!JMO(PB,S8;A4'4D]OQI-)\6Z#KEU); M:;J45Q.G)0 @X]1D#(^E<+X6\-6.I_"F9-\%C-O'0>YKRA+2V;X<:[.UO$9AJ) M(D*#=][UKHA;PW?Q1TZ*XB2:/^R?NR+N'W1ZTW2BOQ!5)%KX?ZK8:=X;N9[N MZCBAEU&5$1QS+$9BC9R$'4UY1%:I_PJW4F1 % MM=3:50.,!7[5N6T7]M^*=;N2 R0Z2D2Y.0&*Y-$Z:; M7)M;669@!W1JZ^%Q>>(_$=WGE-)CCP>Q(S2=%+7^MQJHWH=-I.H^&?#_ (>L M(K;4HTT^0E+>25_OG))YQ]:T=)\2:/KD4TFFW\5PL!Q(1D;?KG''O7DL<4A MV^G^,O#NJZB;"RU6":ZS@(,C=_NDC#?A6[7BHN+#[#X 2SFMOM*7:>:L3+O7 M+<[L\_Y* M)JG_ & V_E75^)/#=GXHL(K.^DF2*.99AY+!22,\9QTY[52TOP39:;XG#KM].G&/:J]I'7Y_B3RO3Y'#1_P#),->_["!_]"KH M;?\ Y*KIW_8)_P#916\/!&EIH-YH_P!IN?(N9O/D8NNY3G/'&,?A1JOA#3=9 MNK2[CU&[M;FVC\@2VDX5G3^Z>*'4B[_,.5HYKPY:_;?AQXAM\9WSW'0^A)J; MX3QR7F@:C?S#+W4GE\^BKMQ726.B:?X3\+7T%M+++;!9)6,S!CD@Y&0*B^'] MNEEX)L68",2@RD$XQN-*4[QE;JQJ-FK]CS32P]^-6L0B%K&RNDVCW?BMWP1/ M]OT#Q-J D+K)$D:DCGY8L']:ZS3_ 9HFG7NIWL-S*6U)623=(N%SR=O'^-6 M-#\(:;H&A7.D6L\[P3D[WD92XW#'8 ?I53JQ:9,8.YYO;?\ (J> O^PA_P"S M-6S>?\C/XZ_[!W_LHKI4\%Z-'8:78B]GV:1-YT9,B9WW];'#Z-'X=T71_"<\V@P37NH2(B MW #(^>&/K7JM/!& I)R,8&_/X5T%%;.O-NYS+"TTK(QK:POH=0,\HMY4EA2.7YB# MQZ#'-,&@;=%FLT\J.9I#(DD8V[3G@Y'?%;E%3[61?L(6L_/\3 \0Z-=7WA&? M2-.:*.66,1[G8A0.YX!K0M]-6'0HM.948) (_F&1G&/YU?HJ>=FG(MCGI_#C MRVEI DD<(AB96V(,,2/<'C]:D_LB[$JH##Y+&%G;< XML 11 R1.htm IDEA: XBRL DOCUMENT

Cover Page	Apr. 12, 2024
Entity Information [Line Items]
Document Type	8-K
Document Period End Date	Apr. 12, 2024
Entity Registrant Name	BRANDYWINE REALTY TRUST
Entity Incorporation, State or Country Code	MD
Entity File Number	001-9106
Entity Tax Identification Number	23-2413352
Entity Address, Address Line One	2929 Arch Street
Entity Address, Address Line Two	Suite 1800
Entity Address, City or Town	Philadelphia
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	19104
City Area Code	610
Local Phone Number	325-5600
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common Shares of Beneficial Interest
Trading Symbol	BDN
Security Exchange Name	NYSE
Entity Emerging Growth Company	false
Entity Central Index Key	0000790816
Amendment Flag	false
Brandywine Operating Partnership, L.P.
Entity Information [Line Items]
Entity Registrant Name	BRANDYWINE OPERATING PARTNERSHIP, L.P.
Entity Incorporation, State or Country Code	DE
Entity File Number	000-24407
Entity Tax Identification Number	23-2862640
Entity Emerging Growth Company	false
Entity Central Index Key	0001060386

EXCEL 12 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 13 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 14 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 16 FilingSummary.xml IDEA: XBRL DOCUMENT 3.24.1.u1 html 2 23 1 false 1 0 false 0 false false R1.htm 1001 - Document - Cover Page Sheet http://www.brandywinerealty.com/role/CoverPage Cover Page Cover 1 false false All Reports Book All Reports [ix-0514-Hidden-Fact-Eligible-For-Transform] WARN: 1 fact(s) appearing in ix:hidden were eligible for transformation: dei:EntityAddressStateOrProvince - d819413d8k.htm 7 bdn-20240412.xsd bdn-20240412_cal.xml bdn-20240412_def.xml bdn-20240412_lab.xml bdn-20240412_pre.xml d819413d8k.htm http://xbrl.sec.gov/dei/2023 true true JSON 19 MetaLinks.json IDEA: XBRL DOCUMENT { "version": "2.2", "instance": { "d819413d8k.htm": { "nsprefix": "bdn", "nsuri": "http://www.brandywinerealty.com/20240412", "dts": { "schema": { "local": [ "bdn-20240412.xsd" ], "remote": [ "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd", "http://www.xbrl.org/lrr/arcrole/factExplanatory-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd", "https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd", "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd", "https://www.xbrl.org/dtr/type/2022-03-31/types.xsd", "https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd", "https://xbrl.fasb.org/srt/2023/elts/srt-roles-2023.xsd", "https://xbrl.fasb.org/srt/2023/elts/srt-types-2023.xsd", "https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd", "https://xbrl.fasb.org/us-gaap/2023/elts/us-roles-2023.xsd", "https://xbrl.fasb.org/us-gaap/2023/elts/us-types-2023.xsd", "https://xbrl.sec.gov/country/2023/country-2023.xsd", "https://xbrl.sec.gov/currency/2023/currency-2023.xsd", "https://xbrl.sec.gov/dei/2023/dei-2023.xsd", "https://xbrl.sec.gov/exch/2023/exch-2023.xsd", "https://xbrl.sec.gov/naics/2023/naics-2023.xsd", "https://xbrl.sec.gov/sic/2023/sic-2023.xsd", "https://xbrl.sec.gov/stpr/2023/stpr-2023.xsd" ] }, "calculationLink": { "local": [ "bdn-20240412_cal.xml" ] }, "definitionLink": { "local": [ "bdn-20240412_def.xml" ] }, "labelLink": { "local": [ "bdn-20240412_lab.xml" ] }, "presentationLink": { "local": [ "bdn-20240412_pre.xml" ] }, "inline": { "local": [ "d819413d8k.htm" ] } }, "keyStandard": 23, "keyCustom": 0, "axisStandard": 1, "axisCustom": 0, "memberStandard": 0, "memberCustom": 1, "hidden": { "total": 4, "http://xbrl.sec.gov/dei/2023": 4 }, "contextCount": 2, "entityCount": 1, "segmentCount": 1, "elementCount": 31, "unitCount": 0, "baseTaxonomies": { "http://xbrl.sec.gov/dei/2023": 29 }, "report": { "R1": { "role": "http://www.brandywinerealty.com/role/CoverPage", "longName": "1001 - Document - Cover Page", "shortName": "Cover Page", "isDefault": "true", "groupType": "document", "subGroupType": "", "menuCat": "Cover", "order": "1", "firstAnchor": { "contextRef": "P04_12_2024To04_12_2024", "name": "dei:DocumentType", "unitRef": null, "xsiNil": "false", "lang": "en-US", "decimals": null, "ancestors": [ "div", "div", "div", "div", "div", "div", "body", "html" ], "reportCount": 1, "baseRef": "d819413d8k.htm", "first": true, "unique": true }, "uniqueAnchor": { "contextRef": "P04_12_2024To04_12_2024", "name": "dei:DocumentType", "unitRef": null, "xsiNil": "false", "lang": "en-US", "decimals": null, "ancestors": [ "div", "div", "div", "div", "div", "div", "body", "html" ], "reportCount": 1, "baseRef": "d819413d8k.htm", "first": true, "unique": true } } }, "tag": { "dei_AddressTypeDomain": { "xbrltype": "domainItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "AddressTypeDomain", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "Address Type [Domain]", "terseLabel": "Address Type [Domain]", "documentation": "An entity may have several addresses for different purposes and this domain represents all such types." } } }, "auth_ref": [] }, "dei_AmendmentFlag": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "AmendmentFlag", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "Amendment Flag", "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission." } } }, "auth_ref": [] }, "bdn_BrandywineOperatingPartnershipL.P.Member": { "xbrltype": "domainItemType", "nsuri": "http://www.brandywinerealty.com/20240412", "localname": "BrandywineOperatingPartnershipL.P.Member", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "Brandywine Operating Partnership, L.P. [Member]", "terseLabel": "Brandywine Operating Partnership, L.P.", "documentation": "Brandywine Operating Partnership, L.P. [Member]" } } }, "auth_ref": [] }, "dei_CityAreaCode": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "CityAreaCode", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "City Area Code", "documentation": "Area code of city" } } }, "auth_ref": [] }, "dei_CoverAbstract": { "xbrltype": "stringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "CoverAbstract", "lang": { "en-us": { "role": { "label": "Cover [Abstract]", "documentation": "Cover page." } } }, "auth_ref": [] }, "dei_DocumentPeriodEndDate": { "xbrltype": "dateItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "DocumentPeriodEndDate", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "Document Period End Date", "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD." } } }, "auth_ref": [] }, "dei_DocumentType": { "xbrltype": "submissionTypeItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "DocumentType", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "Document Type", "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'." } } }, "auth_ref": [] }, "dei_EntitiesTable": { "xbrltype": "stringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntitiesTable", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "Entities [Table]", "terseLabel": "Entities [Table]", "documentation": "Container to assemble all relevant information about each entity associated with the document instance" } } }, "auth_ref": [] }, "dei_EntityAddressAddressLine1": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityAddressAddressLine1", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "Entity Address, Address Line One", "documentation": "Address Line 1 such as Attn, Building Name, Street Name" } } }, "auth_ref": [] }, "dei_EntityAddressAddressLine2": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityAddressAddressLine2", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "Entity Address, Address Line Two", "documentation": "Address Line 2 such as Street or Suite number" } } }, "auth_ref": [] }, "dei_EntityAddressCityOrTown": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityAddressCityOrTown", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "Entity Address, City or Town", "documentation": "Name of the City or Town" } } }, "auth_ref": [] }, "dei_EntityAddressPostalZipCode": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityAddressPostalZipCode", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "Entity Address, Postal Zip Code", "documentation": "Code for the postal or zip code" } } }, "auth_ref": [] }, "dei_EntityAddressStateOrProvince": { "xbrltype": "stateOrProvinceItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityAddressStateOrProvince", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "Entity Address, State or Province", "documentation": "Name of the state or province." } } }, "auth_ref": [] }, "dei_EntityAddressesAddressTypeAxis": { "xbrltype": "stringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityAddressesAddressTypeAxis", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "Entity Addresses, Address Type [Axis]", "terseLabel": "Entity Addresses, Address Type [Axis]", "documentation": "The axis of a table defines the relationship between the domain members or categories in the table and the line items or concepts that complete the table." } } }, "auth_ref": [] }, "dei_EntityCentralIndexKey": { "xbrltype": "centralIndexKeyItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityCentralIndexKey", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "Entity Central Index Key", "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK." } } }, "auth_ref": [ "r1" ] }, "dei_EntityDomain": { "xbrltype": "domainItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityDomain", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "Entity [Domain]", "terseLabel": "Entity [Domain]", "documentation": "All the names of the entities being reported upon in a document. Any legal structure used to conduct activities or to hold assets. Some examples of such structures are corporations, partnerships, limited liability companies, grantor trusts, and other trusts. This item does not include business and geographical segments which are included in the geographical or business segments domains." } } }, "auth_ref": [] }, "dei_EntityEmergingGrowthCompany": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityEmergingGrowthCompany", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "Entity Emerging Growth Company", "documentation": "Indicate if registrant meets the emerging growth company criteria." } } }, "auth_ref": [ "r1" ] }, "dei_EntityFileNumber": { "xbrltype": "fileNumberItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityFileNumber", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "Entity File Number", "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen." } } }, "auth_ref": [] }, "dei_EntityIncorporationStateCountryCode": { "xbrltype": "edgarStateCountryItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityIncorporationStateCountryCode", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "Entity Incorporation, State or Country Code", "documentation": "Two-character EDGAR code representing the state or country of incorporation." } } }, "auth_ref": [] }, "dei_EntityInformationLineItems": { "xbrltype": "stringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityInformationLineItems", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "Entity Information [Line Items]", "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table." } } }, "auth_ref": [] }, "dei_EntityRegistrantName": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityRegistrantName", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "Entity Registrant Name", "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC." } } }, "auth_ref": [ "r1" ] }, "dei_EntityTaxIdentificationNumber": { "xbrltype": "employerIdItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityTaxIdentificationNumber", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "Entity Tax Identification Number", "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS." } } }, "auth_ref": [ "r1" ] }, "dei_LegalEntityAxis": { "xbrltype": "stringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "LegalEntityAxis", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "Legal Entity [Axis]", "terseLabel": "Legal Entity [Axis]", "documentation": "The set of legal entities associated with a report." } } }, "auth_ref": [] }, "dei_LocalPhoneNumber": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "LocalPhoneNumber", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "Local Phone Number", "documentation": "Local phone number for entity." } } }, "auth_ref": [] }, "dei_PreCommencementIssuerTenderOffer": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "PreCommencementIssuerTenderOffer", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "Pre-commencement Issuer Tender Offer", "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act." } } }, "auth_ref": [ "r3" ] }, "dei_PreCommencementTenderOffer": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "PreCommencementTenderOffer", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "Pre-commencement Tender Offer", "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act." } } }, "auth_ref": [ "r4" ] }, "dei_Security12bTitle": { "xbrltype": "securityTitleItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "Security12bTitle", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "Title of 12(b) Security", "documentation": "Title of a 12(b) registered security." } } }, "auth_ref": [ "r0" ] }, "dei_SecurityExchangeName": { "xbrltype": "edgarExchangeCodeItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "SecurityExchangeName", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "Security Exchange Name", "documentation": "Name of the Exchange on which a security is registered." } } }, "auth_ref": [ "r2" ] }, "dei_SolicitingMaterial": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "SolicitingMaterial", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "Soliciting Material", "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act." } } }, "auth_ref": [ "r5" ] }, "dei_TradingSymbol": { "xbrltype": "tradingSymbolItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "TradingSymbol", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "Trading Symbol", "documentation": "Trading symbol of an instrument as listed on an exchange." } } }, "auth_ref": [] }, "dei_WrittenCommunications": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "WrittenCommunications", "presentation": [ "http://www.brandywinerealty.com/role/CoverPage" ], "lang": { "en-us": { "role": { "label": "Written Communications", "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act." } } }, "auth_ref": [ "r6" ] } } } }, "std_ref": { "r0": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "12", "Subsection": "b" }, "r1": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "12", "Subsection": "b-2" }, "r2": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "12", "Subsection": "d1-1" }, "r3": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "13e", "Subsection": "4c" }, "r4": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "14d", "Subsection": "2b" }, "r5": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Section": "14a", "Number": "240", "Subsection": "12" }, "r6": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Securities Act", "Number": "230", "Section": "425" } } } ZIP 20 0001193125-24-094769-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001193125-24-094769-xbrl.zip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

<$Z>9%W'%$\EIB9(,C-D8N )W!Z@[ MF-+&_:^A$QSQIAA$P*C12A;2IXBL*!:-]%7L!\BXP94&FT;9>1DX^#)K6R1- MPY#!^=":YX.3WXGYTCG]4*E3-&R$3^3%2HD9;3D!M3 M@_F->;Q8)).*>6DJ=!T>N3H/C\G\A4QW(J.]F.T)4ZHR,=::C7@?&!3T9[C. M1(Y.JM8;^4.17GB7_U.S_+7"[_E @ *Z\>@^,&6L',6[N+-&<$]-F2SNQJ10 MR%B;>MT%+7%J]ERE9M\L2M8FAG=!R7+B^$WBI"D+EV0>V,&_N!/@(^:]RGP9Q0R'(L.CD4'B:*#N^::Z("AO6!J0P17*P=,%@ZZ[&HLU/.U((" M1#;.Y7.Y M88L:"7.@W$XIIJ,2.KP2JK]M)12[*]VP!BZL*Y.\OYUFVMMU DFF6F2ZO3+9 M%O<)$'FA /YMEM0_VUP"(&\;(,N<6*]$MP"0_5\#L UXVQWR)SLSY!:'LTE: M@@I]RS&^[G2".2-<"S@TP9^;L1!R7N+(N@^RA%/NE"Z*=XHY$T*SQ&7A M;:+PHK3R#5AEE&G[7:[\/-RO3I&OHR&JW64"(B/(\RO5HOX\O /S@G:G9"3P M5)N)D^D5D\VJ>G'DP6 ?@^3.IJ)H-.KTNR90^1 $&GG>I%$J3:?3HLN,XM!Y M+.&-[?R1N25F#JDHF=2CI8NZ5M//2RB:]3--AXFJFE;1R^424+:@%[V9)X]B MI^I9LZN!^VHG9:E"=>U)@)65K.$&V6+]W78#RX.:IMI8QU+^]76K,IT:[J&? M)%*SD>>,)QD#YWE%JE5YQ,AZ.[O$V.EZ+6I5,=9Z9_GT*%B55RU89YJFU^O5 M0+"4SGQZP?I1VO8@;4N;34=)VT[2JJ]7TLH57=Y%#-PJ%@P?[Q@ZK&J QKPSU2^<5] M5#QD9/I@50RJ:M%4R8/,\JM"9A?6J(YN8.ZTST;4&H1EJW+35S7(2PO@XSZB M' _H,W($K,S74ZR*3]?>VGJQAXM7Z\__:_"1AJ[DUBFT M]YWFW8>__FC?M4BGU;SM_45ZG2_=7O;-B@MV(\,X(!>$*T[8B.Q6+W-S(ZQY MWGB.'YO=^1K:#9>O[*A52FX)W%#X#!JC2/[@PAN]["V9F;<7[P7/2\O\MRWP M^J+TK7GUJ Y>9M MB.\CEH]F_O5:P:.9_W[-_-Z#;CQIWLC*E&6=!DC\_<-5J>^8<_@V\L;6]?\# M4$L#!!0 ( "*$C%@A&3>FH"( .R6 0 9#@Q.30Q,V1E>#0Q+FAT M;>T]_4\;2;*_6_+_T&)O5R!-"&23W81DD0P8L YLGFV2RSN=GMJ>-I[+>,8W M,X;X_OI7'_TU]MA (/#V7E:Z"[:GNZNKZ[NK:CZ<]L_/]C^<-AM'^_7:AWZK M?];<;_[MQ>OMW0\O^1-\_5+_+CX<=(X^BX.3P\Y9I_O'QJ?35K^Y(7K]SV?- M/S;B*%$OQBJZ&A=[[32;R'AC7]1K,/Y0)87*]C\ MKOL\DI,HGN_UHXG*15O=B&XZD;!2XZQUTOYC(T,@-_8_'.PWOXZC050(V+#X M\/)@_\/+"]QQ%0"[KQX!@OW^::LGVIU^4\"_#7%RUCEHG(E>\_"RV^I_%I]: M\$!;]$^;XKS9:+?:)Z)S3!];[:-FNW_9;8K39K?9:C>.^\VNZ#:/F]UN\TCT M.Z+1/L))N\V35@]^@R_U3.W&>1.G:8BCYD6GU^HWNI]%IPN?VYWS5KO9Q*>Z MS<[Q=KUVV3YK]GHTUV6[WSH3K3Y.VOS;X6FC?<)S?CKMG#5Q OC[HM'MBV/X M&_?4PV\.F]U^Z[AUV.C#T_#+>2#IF]>]$4#4<*S M'WPFT#V <8<68(V4\GZ6Q^ FVY]%[_+PU.T5YX%O#F&?G6Z]M@HGL 2-LX]Z M$V\+))1J0GT<.M'G4"*7BVZS!S0 ^(*=-MJB<=D_[71;_PU?=)OZQT:_]7$1 M/1W$7O>RUQ>'G?,+0$B]MOG+3[NO?W]_U#_$/]Z^WT*T$)GU>I= 5WBX?3B- M$YB2CI>IJ@O3=]HTO3Z]P)(&CKEH?#Z'$0'1#V)>@PYSWD*;A\VCYB_)()^^ M_T5.IN\!TFU-870(':10?KB!T_S79;-W1T3 'L6FAJ=>TQ B,.>-(Z*&%4O# M+][2, ;Y$Q9OW7_]K8"0X7!V<=8\8HSQ[)<]9FMX')']L7%VZ7[]U.H1/S!, M.-%%L]N#8P!(/G4[[9/C2V#3=J-WCN V>H17#].=3^TFT#G/'U1M-Q"GR'HP M8QN' *&PC%E'YJ]>/Z) 'I*&((E\ $@Z^OP)6%!T8)^ 1I"!*&5@$[W3UD4@ MSK8OMI]$6%= ]W;[[>]O?A8G,YE)^%*%HIT6,.AHIL2KG5?O+%P>TKPE$:H% MG;8$X\8^GP[-@DJY<0#R\+!Y=M:[:!P"-O[8V-F@SQ>-HR/S^5/KJ'_ZQ\;N MSL[/&^*@TSUJ=NE[#0-_\P(4]UGCHM?<,W^L1< BMI80@MJ=0.SNZS^.#"!O M=G\&A+WL'[E?/NK1O%4'LGFP/,'KM^9[^+^NMY39TE1>J1>#3,DO+Z(DCT*U M)Z_3*!3WV]+^ G!P+!LK*/XQ+)!]QY>K6:MBH=U[+]1.MYF.=G$A'\$+YZ#) MS1#=\G/?&R47W5;[L'4!9E#CO -&A_C+ZYV=8(?_=R\LW7_MP\M>ZZ)><\C: M>?/KZQT0HJ^^\_&T>J#:8%D0_;PF++EC3TJ3//R#S']?0Z-07PO@B1"X=._= MS_<$[&[R-Q!2'*E8WLA,B3B:1 6(PJG,BD1E^3B:BLUBK 0;&:T\GZF,[8Q MW(RCX1A S";U6I0,XUD(Z\MD+O+9<*CR/,T$P!T5X.1(I+744YK F+R3P';R4/Z-%I!EN(IC(& MZ".4-AV>V!U^92])=)$-&"&6)/>JX!42 ; MCP$1L&BHU 26A.<005WX/)D6$7P\DH42FP!OJ$8 *SV"\&3J&O#/:$I'@!69 MA&;7$< M;Y+"W(A[&-XR:UW(^02^ "M[$>*!BM.;+02.*<*"-X:'!DHE #1($=P*@SP;_ M5,,"=R[#?\[R@F:!3>>JP-T5X^K31+HHHAC/DD; +G+$T-+9W8[ ;7= M)0Y MZ)LHCF$HHF0Z*QQ9#60.C\""$F32<0=$M''CQ\#X+_*I'*J])+W))&B*7W_; M>1'*^8>7^. ^(9G(Z4;%UTK@*B:IRS'8KR\*CU$82C#BB018#*:BKR M8AZKLG14DR7AB%]Y9L- 2[ ;(AOY#Q'%?=RBHN<@HD!MOP?&[]NF'DIX+'W MTSOZ;\'8TEKR$#VS[I.$/!XDW_MPGI;7R(GRB/*35I3(3 3."YQ@7)1 M:XJ>&LZRJ(A4OB6BO"2FF0^',8Y2!V\MR0-#-S5UW-8J#/KAJF64BL MS)Q,.P6--#;L9A27V1_,4:_YHJ9"THA- $AF(4ES@.%FK&!8ML:I>A2;AL . M4>*#8A4'9N-'<@Y( ED71K!-.E5 (XE_&E$IV+9%@U6S)Z"3% X;*>?.U%(] MMS!!"#62LQC%C7G,Q"0(V202;R(0BT,EX3"!:HB^F&PU#9VF,1H+L!K!6G&N MK LG@!85T2EH(KT?%=9KCT>&4O2F:AB!X/; )*21:>&)>=S2,I8T)D;15U2G M[N(+$AHT@Y97CN M!O4':9;.KL8XS;E,QK( ZS80J.\.T9V KQ$3G]/L2V!M3F!:$F EL7Z8PKQD MP1$[B8X&=$23'.\Z6P01T.V)[+H&D$-U:#(WXL/K7W#,A]>MO8#^"S&Z0U2$WU&=B\L=;"G M4Z8);QE+9YJ9B;* 4(9C-?Q"$DY9V2[#,-,ZV!/UY&;"4RC:8"JTQW-&D7F> MJ$).IVC":B+3HAZ],1;RB,H!$A *LDPF^8CD)8B(),P7E(M94=@%8;M@70-! MR>&0V,VC>KUBZ5BL)?QT,J.+;C80BL*#UQXU(5OO;33+2%[2T>9P9GG9>[S5 MK6%>),17S&5L )2_]9IF>0!$7A.W@@\$U*E&(W2IX/Q %+D%B90 CFD,'L;3 M2]O+1"LQ, !45D0@1;36DC/X$HAA2%S+F$B#8S4A:V D1<(%0.*LS0!WD:W7P[S"+8-!P">C"2-!P"1H3ZB M27&/:0:H"K6DSRAH4M((J.B!=QU?I*2 !RH!C0-69E4(*"73[1H\*#(Y4Y V M5[)(LSE3"0S71/+#:UQ)RKMO[TO+>.W;ZK?Q3O*3N4GR!#.2[E#.E[__L"KGE]O&^\/>MBETN_/=ZGT]UZS M'PR'#X6]N9[X@!LM7!^ Y86F'(R!HN.]";%K$Y _V0@8B[X0N,[HO'5'9YY M_2=#-:+W,0[JUWO<.M(%W"#-P%QP7WT5>8I6PD\[]-\]Y;R3Q7\N[#\2ZMM@ M5^^!L0DPYZ*Y+3Y%8%'_O\1$'VW3/=$DXR4"M^,C1@,NP$.,0KJZ2<+_EWCY MY:>WN^_>O/?_>?W^O?K M\QDO&('*BP>(]95"]!&5Z-,RX(.TW _-]@TX8Y74&\N;!%:=P9)_+OBU(NFI M!"\RREHDL$;G83I+4BR3R&&W$2;O+ALI&R4-U<9?@H5!ZA,U#5*\*MA%@UY6MN=.F.&BT_XITW&Y^$I\[W;^* M_E!7/]35 \5]PP7 >R2"TFHYSO'I)Y3F'UK[?^_9J#TB#X.I M)W$Z /5#P7F3SOX/@1=S/\+HCX3XOW>;'YO='NE0K(SYQSK5^:/ 8FV!Q=,; M',09SNJ0?*?A77-%>!="R2=+QHB^)O'R2)W!8G-':3Q=:NF[#?[,EV!@#M+U M9SZ3?*E":57V)B_D7 ):L)2%]HHN)W9>!WR[/9W&"NT<>+B4U*HGS("CB-><47*M=')K0:D*WGH7,L/O]2FGF5L6)JFZ MX*S7S VG4]'^A";O26?ON21SL2+'W,Q1=<-(N5-@F$]UFJYG30)(94M3K^33 MAZ1$^*W Y3:[J>ER*XY%9+[QSP0OM71B0&8NW>NUA5MWNN04A&(_E4>#B^$I M,BUS[RJW3(1\;[=X N6K8TH;M^E?>861;9Y '.=B-DT3BXKR.5M. 35KP,4#X+DS@01B/"56'.2">$N+'7,HO2 M& MWB,NC]_+=-+/)5:8^!-/K5AX!X*A>\^LCMD$;D+3O^SEA\T!7'&!2$O(F M_,O9CNE,YUH"-CW&T"2LI2O1'7C7,>;X1'@& ("'&MCX%\R(5?^:Z;RP@DF: M,8&CW:F0XP[T'-/.8$[-A'"8ZNM030N3S!EE-E\1H9# UP8>0 ,RN6$G>HPV MN% 5H3.?-%LCMU%NTG"8S=06YG%3[I3)7JK8FA9 OLPVX3OKAS-2IMU%<[*:>VE++75J8^",Q]+ M:8V8I% NGV&H=([,HC1]^ERC1AP;69P;^6!3;8B4$($FD7,I696HP^94391, M@!QRH$NJ=K*9=),*P?/D.:PF#1BLCN&X7#LE-E'R4=%(*5TXREBV8^(>4O[6 M@C$B#I%]7?H_2N%2*NI<5V/YLJ"@7!3.4PQTXGA,6BI*R 0(2LG%Q&O+HHM2 M $LJ >."'GA>V=<%_F:2XT'&3#%+D4E>8HD1VM'HS97H6XM7,L]2M ?T868* MZ6$839 Q,$$NWV*Q!UMG_@%1+2G#<;0'ZFF+4;TIM]@@XH(W3B-6)'&I_"YW M%@GF,E)YP7"LP%9V"=KY H1^VK"1;V&44T:DR^)DV4C9[B.JR;-XJ<:6=YR8 MQ0P 1]JDY0-D;6^SFH$,ZC5+!UN\TC1#AE(FX.="':+'-"B2T1[Z M/C;(-Z-H2Z"_O9PW[I<+&KRRN6>J%P."A_A#%UX,98X3\\I:FE,J_A(-5 /U M##FP'(3?&INQ_*0"'!V9)2HI%'.((? M,:%',7%O@:@!YS=' MIQ#G&D1<[:NSJ4V>+-"G') !WBB$9Z^RK+G,&+:7*]$%MG<%_!F2R:O'XO$ M;3HR&8#6E\1*K7K-&>F4DP_^AW% AEB/A!:XLW%#!6B(\)K-G #X64-069EB M&1N#>"UL'=)@5BS4+OUF?B'ZK6*8I7JJ2EGY#)*MQ@!0QT>3QG,9U8$O/ )-\I4['41V*VJ.'G>!;) MV#3ST;!.Y"X=;4,D@'8&-*G6U.P@ M"M/D5/=C"G>&R IQ+/T%TBP"&M-W =OB&.NM4C@ZM'E,BP3CDHU53&4*U&6) M\N^Y>N[(\M16H,U!BVY3<,1$8&DD1-M]!8M.P64=FKB3XTX#L5O-E7D:JDL9 MV2F&9I"\\_P%&+]4*19BX50$_*RACFY2.$V9R2OP)DQ#A:=4[?TE-\7Q_:I=,1F_WMM](Z;;DVVOI)$* M.LE4WK1V.<6^V)C.&5]497VYW=NNUZY2, Z2"4>)2\%I$!QH&H1@6,S-^@>I MS+!J29S0L-1%P(_A<#(J:\Y5!@37F\/HR59@G$A@'QAIJ[RQ"M^5V5XW5\%)N5*2*Q,7MV^*X$,,HFO%X(]'=88.Z)"T?$PR M@(HV\[$[@ONB8"&H;.ZXT&[P2]:[I&(WCQ#;6_#0F]WWI]N[;S17;.H"+G=- M8V8E 9WIVE+ZN&7:![CQ6^XV!VQ?R5CFAY *1"41(! [CD?1.R\DV<)%Z8DV M=@62\4I(S7KPYUA)/.\2A*)_>*ZAQ.XK2U9\B3=*'J6V00B5=/T%QXY(&& N MV>:N]N@M\=1KAF96[FF.)$) J:_@:V!AEF]Y3%46I:%K[+/"E"WYP.40C G\ MG($WH3?]'A&S^C6> ,X>7@"^S5:^)9**N8!B5'R9/99,"&(SHUP%2Y[1&B46ICB68D;!AL ME%5Q13[[7Q]V]B6,HU] *,(P;26.?+5I&$)?<=QA,>K7D1=+)$93LT5L*Y%- ML;/5KKRTX]*U"V:>H/'V:E4C.0 !IDWT@ZLUR@:6F($E.77.+L[0(X3DC[! M]E@+XB.PC3+60+A*#/P( 3VB$SZZL_W@N5%$ 4:W:&[2@L.J\_(]!M,5Z/WA M+#8N;=DH8W/$%.I3--ET+BL3FQ\8AQ^B:QFC7F6&@V_ E6344H@J("@$]F.F@*Z=,@/XRZ0[KY[6WM=7" 4-C$;.TY>2% M7:'J6D1(R%?T/N65P34ZKW*@YW>L#9;[ILV:@W0H7 \FTWII.>^0[H_6]0>& M2N5^TRE5&)P,X3LPLZ1WA6;H'*44)0BL0A2=H\W/RA4[=W>'XRZ(-@P!!@-! MY2E$T'.+7@OHIDS?.^+'0<1W"C+_HD*^T,Q=UY[; ;Q59* %#42^SH1>Y1)S ML&"%SO:%VK(DT[OS%/MM6+1Z_!OPM?IZ%\YZ^7YWZTZ"=G27(] QM%LNBY\A M.%9*<<((O)=>E2D3'*OL'Z3C[CJ,11Z829/QFY+H>?U^)'1 W(]$8+<:NJS. MZ[7R^@%[@Q%G#V'OGZ*(P/]G#S6H<)=0>TBI1&VYZ':)3,RW1(/:&8 M&#E5" 36#'84L$]]SZ29%;W ,#@K9[!G6>C+FP%H_HGR.K,!J<4@KT.>1H>M M,:1!WW,X0$? <63@4GVX+6!@ N*F>9OE?],I"%TG1STDDDU"T5*:7;WVC.DN M_5*>SA0E7F$BA]A52.+%.F6;\9VACM5&B=V%KTFJDS]M-J?)_S3HHBO$BFPZ M]BW,]=>;G9\I.KWV MIO)M9QK8C+ K*I$2G8]@< "LV>K2S.]QYHI=7: 2H[Z6MB=B>:#0-.?:Y'DM M\V:@0#FI@S+K*H8YT,W5R6V %SKC@LP2DF((^[6)FDRF,O+(#4D=L1T5S#B1 M338%[05_#6UVN#0-7*=NHWBWXRZ)%D_80+R):>%1^8+8OQ9.%[)B%KRS+8#_ M>DOH\Z2< _/D1 &94WB96TW;ZT<$5I^UZ?!*TM]?UJEZ#L/ J>8V:<">0_DJ M(=51X27)MZF11G+I9JRTHKE]/>^*D38:;6D9P3@A+5,6%3+DOG=P\XA7J6/RO693IBUTK,*KU!Q=K>"4M M,?:"9KOD_I8&:G_$%V(M+5=Y>*MC@-M8 RN5),)=I7P#ML^7]9U+:E6HF!-] M%OI.QTHD'C/E%IY88844JDJ6TJF%I:S6I=S.16JBT%T M-2,C O9*?(S4I--L25TOMYZW%KY7-C%T;@4Z=UIL!IDOVZ0>RQ6&X71WQ"B."NZS.P)7GA&:40;U&.2F M6@"I#.YS8^)9X@A+\@M=7?"D-O#8B&C338@MVWSJ(X^H. M%RR@C91/Q8W$'#RTIN*("& AE4*+W2414_(CU]$ZS;;&'UKK*ED M7 S-&)JC(D+I9:-A/W/3Z7DAA@<+DJ='V^2"V3CZHM95']J,7,G6D,H+EPRC M3])F3AJ1@+VGZ89A\ZN7AN&2$:D:6,MSLG/1]._Z%5FZW;G)BYMUF8I4OIU[O(=2&'CULTCG2QT[Y501I&8%MVEI-;2^:'- M_&]CVE2$-K'U<"ERB?=X-G)96Q2SL#S^J2FBW_F1[]G,>;T;\FIN.EZVV6;W8F;7 MKMVP-='] 2SSN7QNNJ7H\AEY*4K._27R]\7LJ!+LW)BZY5]H0+]:M9?_=Z* MTBW[-[R.@KMC)V&:Y<3+;'(/49W+)&+VEN(FPS*&Q&^N[8.';;21-'-,[P.K MD'JB:XHW;.IWX:9U//'FXE2PVIA$%TR1J/ERHXN$8,'PK2U=SA3AU??@3+X[ M6S)N>%F7Z!ID*U#72>F%K'=3&.BU^-+(4'P_:S_]>(78HY;IN/X4^HV,ELY* MG)^DBS:52RY?MC#Q<(&<8OU2#2_BZ6)@B[QL(QARD*?Q3"WV,AO)U_6],_6YS^"4 5%A/C%*5NVUEMX95 I,K930>,6C57A@ M,FK*E9D4Y_)="DF5S/D,A7JD=!\*] IXO4)^)6*E&)!+( 9<:BA-F!I0#YA. M=)T4"40T/9ZQ/CZU&P&#Q=P%FC1Y7I+WF'EDR'&L716UW3- M6^'@D37J44]0&8:QS$6/:?D-HC66T40G1.DK3WJ K$>ZD[<'$Y2B,Q*LPE++ MJ]M(8RGH*Z\PQ%?HF^JA?I,:"K.%-U@'F!63*:Z@#$ST&;>B5S7=$[LB&W M".N1Z*&144RFRU))'SP#YWTX6 PV:XE:C@"P7:$],@JTIN3B59:L\P[AE%Q; MMD+G0AN'LM2]\8?#\]"VE(U>#SZ? [ O^]U&NW?<[(KC3O?\P?1T_]=PP;+8 M9/:R*;K-PV;K8_.(*("4K^[4Y-E&GF,_F%/;L\T/'#\<[[Y M#I,!]RII\UE>8O04KZ+YO]?__WE0_>.] 4^*[G:GWSIL[M$M4^F]O"B2EPU# M4PC"NIH\N@EVZG8E["Z6PMH_MY=0MIAI)(=V":W6O LJO/X'Y\9/3G0)!A3K MM\T=5!)CM,5DVI*S2J'<>NUF+(L\Q8FVJ]Z@(*K=''"".D>?X#DY,2YH M=&W56FMSVS86_>X9_P>,^IAT1I(EV4YLR]&L;"N)9UW;8RO)=K]!)"0AID@6 M *VHOW[/O0 I6HF=9INVNYU)18(@<)_GG@OZ^,WXYXO!\9O1\&RPO74\/A]? MC :C?[4.#]O=XQU_B_&=,$$75S=O&R\?W,^'C7$[?B7B]'+ M1J)3U9HK/9N[H\O,+&32&(CM+;Q_JE*GS.#X[/Q=.7FI8S<_.FCOZ[0A9*)G M*1904]?@;:[+:0MI9CIMN2P_ZN2N+\+])',N6_BA:9:ZEM6_J:/N^GXJ%SI9 M'8WU0EEQJ9;B)EM([#2\.']]^;)A2,C&X/AD,/HXUQ/M!&DLCG=.!L<[UX.: M +75>UA]0YY/Q&D,?DPG-N_3*JSZ>'AR,1*GHXN+V^OAZ?GEZY>-3H/OKX=G M9^7]^_.S\9N7C6ZG\T-#G%S=G(UN>#P(X4=:L/K%\/IV=%1>/*GLIF4JY2/V M1H/E$R3BS2!_>+TP?/[S:W%[<_JR,3OH'NYU=V>= MO6ZOL]OK])X?] [;'_(9663\LG%Q]?JJP6&^5F-#V\JKG\[@+1\/&/'%"*Z' MS)\7^8/CMX/3;)'+="5VQ'EZKZS+C#C%*S)R1\<[;P<^9K]*@C!$B7O4:W._1NVMO^1_E(N]O;YV^NOH;I#A^=74YKE!QKIUJ MV5Q&ZBC-ED;FOV/"\VZG=;#;:[W8V]T[WJ'9@^KG:SS:_3;ZO!U@L?:2G/J/ M29P:I5T[RA9EA-5! 3\$CX^8_$'^_/=Q?S(X,3*-5TN4)W&C9.)68FP*Z\0P M3;,BC3#_-,FL3F!WV!37^#?,C4YX>Y* ?WQD=WM- MDFV/!L6/WW7WNWWQF#6>N;FB.7LO^@$HZ.:@_Y-X=OD+BHXX.;O\2;2">WL]E:6*R,=&2N7QJ7*V+G.F_7MKJH9U_49%^WK=GWWSTX+LC3% M7%H1P5V0 -N*W*A[G14V6=5$*])8F:71SJE4Y,4DT1$\N'8E^=@;:!$PN1 MED8ZEXF0"UC;E9;;:W<[GTD.,MQ5Y+*),B$B?4#"63'T-6*FH 96BS*39U!. MP5^XLLHV!< NFL-P*Z@8)47L=8/LZ@2O35;;6R1/ MR066VLU9P%L5%<@8K?QZHX^P:SKCB0MM+01IB_%<<\992V(HLKN=RR2A+($' M4^NT*^!"F7K]23NK\!S>H3ULADS4SJL%P]3G30K*X!7F5W*D>&V)(*1WC1(3 MY2?(1 6KTO[KZ3KEYQ]P;V,=\288\U%DBV@.C*+=FAMR&+_D,BN2F#8ITD0N MIT4"375F?+K4W(&A7PMT+%,=^0%&&Z_?6A@L8;V**][[@5A/HL7!-RH3PPD2 M=WOK,;C_3*]3D^+YMQ#BT4I3JR<(J"PM_0FKF1F(:3. -D =5H]5W!3P1]*R MRMSK2#49\F:&\P M1"(4YPA"D(+:QX(/\[>IIDFW]-CZ8)>$-0J21P7'#$V[ MGNL$^R3Y7$L._R'DQ#-8X$XY8,:5F6'AW[ 4,E@^V%0SE^84X?4+*C*I1YN[W5Z[7W'N*W1;B2P@I%07)0GJE(+2I(WO68 MO%L"KOK(8(OUK(7R HCDL9K2!*8H3(G1Y#U*\;G,X10 0 K48?G1T^6 83;N M,C-80!J4"Y1FO#''Y6R.NF*P%PMO\;K']H1SBNJ:)0-.,^LH8^DA%%\4:97K M7EC,28";VUNT*W:Z:WK[83[ "BW.BJ9,"IT08YDI@I*V> 5M%A0%.IW2207M MB:#S#KJ'<9$?;P?+Y;(]J6+8< B75/8O26&(N90F;EUDV1WY^[:L!/9+9/.; MY.]GX#ZB?A'.1:P:NJ"X8!&3(*)=BTC9%O)KH9 ]OAC>*H9 'WJ]%\,R]6OU M9QAQ[>X>[B(F*=^P'H, !_C#!;JCSRQ0%:_U2GOUE=KBEB#Y"=DCI&:@)@ A M% 4=8QR8SR640Y>X%M;>7 3ABC*<)=DL #^V]7R12EG3\\4PPC5%S58/1RDG M(F?#8,DVK5)W]N'$"4H^L&5C- ?3@*BRVJNB1A8$ 0A+:1(#TTY4)$D)EK*F M.P M2T!%[E(")45J"$1-PGN 8!$Y!2)L\S@ M8LV%'JD&6L1&G9K,8@VGEE(3>$B:(!Q#$:V([;1PA>%E M*%3A($S3BSP)OK)/NYI8#1&))X*!T',B:>4BSWQ (]0,(7X0D(U0UX.Y9V$" MT%?D33+D$)M)74*B33X08A*&ZEG*E")%S9X4@'?HTA0*ELT6:%^\E1#LD7^[XJS8EXP'YTB?F%6L!B>"H16.3P79@D!G3G84C1@U BX@ML!"3D%U ML3-W#FA-R.C]*N#(^+Y5(E>PL-(B"))L:4-YR'SVTE(00;*;J>* ;4K>A".3 MK;\*O'M=\KEYJ00()(&VCPMJ/V.U*-N;C$R.%*,#F\#3P3RI1Z98A<84Y=YV M-,HY4;HY,[;I^^N(J2GQ>\<2RXE.-.@4[!E8.*]/)1HUWOB@=2$@(5!"#,1Z M%KY>3DGV2*PB.KGGFDJO]FN^]JH##F!*WA%S(IF#.B?>K!1%KK1 4ZPU\0!L M_8;>,$+>2^"/ESV .5XPH;!86@ N">OWO0>X,0JQX+E!X!? $7A#<,LX30I" MG I!2B'*9*6U2V\3DJ3LI D)%MR8SOQ^ZX!,,LL6 SV[,T7N(LZF,E9"0X.7 M@RMJSV#3!7$M3-"&3PQF?R',06]G7N!^2!)J%J)?"R(?5=@BZL&S]">* M%>G:M]J+4*9E28W)4JQX'ZHFI#?9)7SHRJ$0#Q(8-$XAX#G-_EV1!%&:REZ2R!U%B? M'OET]3$6% #K2RE9.(\+[B3(/4'CC8S()DQ,0.?!>YF?XU7X6#T(3U*:*#@E M*4+)@&C#%( E;"=C#R@4Y$2!&;"T"3IZ0^1$)+"H+PDE&YJI#+9'%Q&M42%D M L6ZF-&V*2W$Y7%6)&70.OG1]XQL5NY6Z*HLV:B;+EBM\GP5UM1O;/2D[&A- M6O'L0\P&UDVPR0$HHA7Z@M#'\KD+$Y\UAW JF@=VLUZ):R@#B33K M' W'-'3,^ZT^J8G_VR]J^W_TB]K>W_A%K7?8.Q1# S9PZY#=Z,]O"_35HGO0 MZ30?-,]T'@VZW>WL??EKVM/?U#8^U5[/LU0=B6?/NYV?Q!<_B>SV]EO[SSN= M\!V$F?%A7[R2'[]RB5ZO^I3RF<\6='EV_@[CX0LW^X2&<_#'5:(>MH7T+64C MO&FHYKB) A[!<^P0_H&*XD[;&^)X")K7B&]>;"T1FFKP'^?)E/B&H\V3'0^":K.DEJ5LL!'?:T-[ >R5&2T6>>%)5#)B.AXZ*RE8@J[0B,?QPZ V*1\?)00%_2L,FH=!_WJ<^'H^(BZ+L8)C$ MJP,V#+?V!35LZ'D76>P[7NGH?&5%W@GDEWLWNB.7X+?H04H[/JXYJENW)\Z0!)JG:BXS%>\DT-B9_9H3[4T_OX+8 1FV MMY[ AFZG]<\26J:!"JX4RC2?+CQRO-86[Q7QB0)62XFFE R0/]SD,7$58O"U M$_O'+<*T>H+^9$&MH#,%'8_[=AZ>1+Y8L!]:0]WS?/4Q4CD?_QD\T,:WQHBQ M<(Y%"9\_DO"?Y+NH)_S!7_47#)O%MM5KE;)_'H>/=^BOE3#(?^3T'U!+ 0(4 M Q0 ( "*$C%B>C=P0'@0 !83 0 " 0 !B9&XM M,C R-# T,3(N>'-D4$L! A0#% @ (H2,6+:1&&QJ 0 M0( !0 M ( !3 0 &)D;BTR,#(T,#0Q,E]C86PN>&UL4$L! A0#% @ M(H2,6)ZSL+SZ!0 FS8 !0 ( !Z 4 &)D;BTR,#(T,#0Q M,E]D968N>&UL4$L! A0#% @ (H2,6$XX94<3!P =TD !0 M ( !% P &)D;BTR,#(T,#0Q,E]L86(N>&UL4$L! A0#% @ (H2, M6*]1FZB(!0 6#< !0 ( !61, &)D;BTR,#(T,#0Q,E]P M&UL4$L! A0#% @ (H2,6*Q:#2X'&0 $Z@ X M ( !$QD &0X,3DT,3-D.&LN:'1M4$L! A0#% @ (H2,6"$9-Z:@(@ M[)8 ! ( !1C( &0X,3DT,3-D97@T,2YH=&U02P$"% ,4 M " BA(Q8D]TJU2@- #K) $0 @ $450 9#@Q.30Q A,V1E>#DY,2YH=&U02P4& @ " #_ 0 :V( end XML 22 d819413d8k_htm.xml IDEA: XBRL DOCUMENT 0000790816 2024-04-12 2024-04-12 0000790816 bdn:BrandywineOperatingPartnershipL.P.Member 2024-04-12 2024-04-12 PA 0000790816 0001060386 false 8-K 2024-04-12 BRANDYWINE REALTY TRUST BRANDYWINE OPERATING PARTNERSHIP, L.P. MD 001-9106 23-2413352 DE 000-24407 23-2862640 2929 Arch Street Suite 1800 Philadelphia 19104 610 325-5600 false false false false Common Shares of Beneficial Interest BDN NYSE false false