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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Real estate, at cost:    
Land and improvements $ 1,196,065 $ 1,194,737
Buildings and improvements 4,323,620 4,021,322
Construction in progress, including land 425,653 659,103
Real estate, at cost 5,945,338 5,875,162
Less: accumulated depreciation (1,418,923) (1,338,403)
Real estate, net 4,526,415 4,536,759
Cash and cash equivalents 163,536 164,773
Restricted cash 42,366 35,668
Tenant and other receivables 31,427 44,231
Deferred rent receivable 181,295 171,229
Investments in unconsolidated real estate ventures 101,043 264,281
Deferred leasing costs, net 80,179 81,477
Intangible assets, net 52,421 56,616
Other assets, net 146,434 163,481
TOTAL ASSETS 5,325,116 5,518,515
Liabilities:    
Mortgage loans, net 1,876,459 1,783,014
Revolving credit facility 40,000 62,000
Term loans, net 717,610 717,172
Accounts payable and accrued expenses 107,810 124,874
Other liabilities, net 111,982 138,869
Total liabilities 2,853,861 2,825,929
Commitments and contingencies
Redeemable noncontrolling interests 436,673 440,737
Shareholders' equity:    
Preferred shares, $0.01 par value - 200,000 shares authorized; none issued
Common shares, $0.01 par value - 500,000 shares authorized; 87,306 and 94,309 shares issued and outstanding as of June 30, 2024 and December 31, 2023 874 944
Additional paid-in capital 2,855,724 2,978,852
Accumulated deficit (865,782) (776,962)
Accumulated other comprehensive income 28,830 20,042
Total shareholders' equity of JBG SMITH Properties 2,019,646 2,222,876
Noncontrolling interests 14,936 28,973
Total equity 2,034,582 2,251,849
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY $ 5,325,116 $ 5,518,515