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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenue      
Rents $ 486,731 $ 483,682 $ 461,387
Tenant reimbursements 85,722 84,879 79,087
Termination fees 4,797 8,000 4,497
Third party management fees, labor reimbursement and leasing 18,764 17,200 13,053
Other 6,617 3,221 4,186
Total revenue 602,631 596,982 562,210
Operating expenses:      
Property operating expenses 181,170 177,330 160,406
Real estate taxes 50,623 51,844 55,612
Third party management expenses 6,294 6,791 5,751
Depreciation and amortization 219,029 208,569 197,021
General and administrative expenses 29,406 26,779 27,628
Provision for impairment 82,208 1,765 0
Total operating expenses 568,730 473,078 446,418
Operating income 33,901 123,904 115,792
Other income (expense):      
Interest income 1,224 3,974 1,044
Tax credit transaction income 19,955 11,853 11,853
Interest expense (110,717) (124,329) (121,937)
Interest expense - amortization of deferred financing costs (4,557) (5,148) (4,676)
Interest expense - financing obligation (1,237) (1,144) (972)
Recognized hedge activity 0 (828) 0
Equity in income (loss) of Real Estate Ventures (811) (790) 3,664
Net gain on disposition of real estate 20,496 4,901 0
Net gain (loss) on sale of undepreciated real estate 3,019 1,184 (137)
Net gain from remeasurement of investments in real estate ventures 758 458 6,866
Net gain (loss) on real estate venture transactions 7,229 (417) 29,604
Loss on early extinguishment of debt 0 (7,594) (2,119)
Income (loss) from continuing operations (30,740) 6,024 38,982
Discontinued operations:      
Income from discontinued operations 0 18 825
Net gain on disposition of discontinued operations 0 900 3,382
Total discontinued operations 0 918 4,207
Net income (loss) (30,740) 6,942 43,189
Net income from discontinued operations attributable to non-controlling interests 0 (10) (55)
Net (income) loss from continuing operations attributable to non-controlling interests 339 43 (357)
Net (income) loss attributable to non-controlling interests 339 33 (412)
Net income (loss) attributable to Brandywine Realty Trust (30,401) 6,975 42,777
Distribution to preferred shareholders (6,900) (6,900) (6,900)
Nonforfeitable dividends allocated to unvested restricted shareholders (329) (349) (363)
Net income (loss) attributable to Common Shareholders of Brandywine Realty Trust $ (37,630) $ (274) $ 35,514
Basic income (loss) per Common Share:      
Continuing operations (USD per share) $ (0.21) $ (0.01) $ 0.20
Discontinued operations (USD per share) 0 0.01 0.03
Net income (loss) attributable to common shareholders, Basic (USD per share) (0.21) 0 0.23
Diluted income (loss) per Common Share:      
Continuing operations (USD per share) (0.21) (0.01) 0.20
Discontinued operations (USD per share) 0 0.01 0.03
Net income (loss) attributable to common shareholders, Diluted (USD per share) $ (0.21) $ 0 $ 0.23
Basic weighted average shares outstanding (in shares) 178,162,160 166,202,649 153,140,458
Diluted weighted average shares outstanding (in shares) 178,162,160 166,202,649 154,414,311
Net income (loss) attributable to Brandywine Realty Trust      
Total continuing operations $ (30,401) $ 6,067 $ 38,625
Total discontinued operations 0 908 4,152
Net income (loss) (30,401) 6,975 42,777
Net income (loss) $ (30,740) $ 6,942 $ 43,189
Distributions declared per Common Share (USD per share) $ 0.60 $ 0.60 $ 0.60
BRANDYWINE OPERATING PARTNERSHIP, L.P.      
Revenue      
Rents $ 486,731 $ 483,682 $ 461,387
Tenant reimbursements 85,722 84,879 79,087
Termination fees 4,797 8,000 4,497
Third party management fees, labor reimbursement and leasing 18,764 17,200 13,053
Other 6,617 3,221 4,186
Total revenue 602,631 596,982 562,210
Operating expenses:      
Property operating expenses 181,170 177,330 160,406
Real estate taxes 50,623 51,844 55,612
Third party management expenses 6,294 6,791 5,751
Depreciation and amortization 219,029 208,569 197,021
General and administrative expenses 29,406 26,779 27,628
Provision for impairment 82,208 1,765 0
Total operating expenses 568,730 473,078 446,418
Operating income 33,901 123,904 115,792
Other income (expense):      
Interest income 1,224 3,974 1,044
Tax credit transaction income 19,955 11,853 11,853
Interest expense (110,717) (124,329) (121,937)
Interest expense - amortization of deferred financing costs (4,557) (5,148) (4,676)
Interest expense - financing obligation (1,237) (1,144) (972)
Recognized hedge activity 0 (828) 0
Equity in income (loss) of Real Estate Ventures (811) (790) 3,664
Net gain on disposition of real estate 20,496 4,901 0
Net gain (loss) on sale of undepreciated real estate 3,019 1,184 (137)
Net gain from remeasurement of investments in real estate ventures 758 458 6,866
Net gain (loss) on real estate venture transactions 7,229 (417) 29,604
Loss on early extinguishment of debt 0 (7,594) (2,119)
Income (loss) from continuing operations (30,740) 6,024 38,982
Discontinued operations:      
Income from discontinued operations 0 18 825
Net gain on disposition of discontinued operations 0 900 3,382
Total discontinued operations 0 918 4,207
Net income (loss) (30,740) 6,942 43,189
Net (income) loss from continuing operations attributable to non-controlling interests 3 44 0
Net income (loss) attributable to Brandywine Realty Trust (30,737) 6,986 43,189
Distribution to preferred shareholders (6,900) (6,900) (6,900)
Nonforfeitable dividends allocated to unvested restricted shareholders (329) (349) (363)
Net income (loss) attributable to Common Shareholders of Brandywine Realty Trust $ (37,966) $ (263) $ 35,926
Basic income (loss) per Common Share:      
Continuing operations (USD per share) $ (0.21) $ (0.01) $ 0.20
Discontinued operations (USD per share) 0 0.01 0.03
Net income (loss) attributable to common shareholders, Basic (USD per share) (0.21) 0 0.23
Diluted income (loss) per Common Share:      
Continuing operations (USD per share) (0.21) (0.01) 0.20
Discontinued operations (USD per share) 0 0.01 0.03
Net income (loss) attributable to common shareholders, Diluted (USD per share) $ (0.21) $ 0 $ 0.23
Basic weighted average shares outstanding (in shares) 179,697,262 167,942,246 154,929,545
Diluted weighted average shares outstanding (in shares) 179,697,262 167,942,246 156,203,398
Net income (loss) attributable to Brandywine Realty Trust      
Total continuing operations $ (30,740) $ 6,024 $ 38,982
Total discontinued operations 0 918 4,207
Net income (loss) (30,737) 6,986 43,189
Net income (loss) $ (30,740) $ 6,942 $ 43,189
Distributions declared per Common Share (USD per share) $ 0.60 $ 0.60 $ 0.60