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Investment in Unconsolidated Real Estate Ventures - Investment in Real Estate Ventures and Share of Real Estate Ventures' Income (Loss) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Jun. 26, 2018
Jan. 05, 2018
May 29, 2015
Jan. 20, 2011
Schedule Of Equity Method Investments [Line Items]              
Investment in Real Estate Ventures, equity method $ 169,100 $ 194,621 $ 281,331        
Company’s share of income (loss) (Company’s basis) (15,231) (8,306) $ (11,503)        
Equity Method Investment Summarized Financial Information Debt $ 370,319 $ 768,912          
Brandywine - AI Venture LLC [Member]              
Schedule Of Equity Method Investments [Line Items]              
Ownership percentage 50.00% [1],[2] 50.00% 50.00%        
Investment in Real Estate Ventures, equity method [2] $ 11,731 $ 43,560          
Company’s share of income (loss) (Company’s basis) (14,559) [2] (4,465) [2] $ (5,895)        
Equity Method Investment Summarized Financial Information Debt [2] $ 26,111 93,117          
Debt Instrument, Interest Rate, Effective Percentage [2] 4.65%            
Rockpoint Venture [Member]              
Schedule Of Equity Method Investments [Line Items]              
Ownership percentage [1],[3] 15.00%            
Investment in Real Estate Ventures, equity method [3] $ 47,834 0          
Company’s share of income (loss) (Company’s basis) [3] 83 0          
Equity Method Investment Summarized Financial Information Debt [3] $ 0 0          
MAP Venture [Member]              
Schedule Of Equity Method Investments [Line Items]              
Ownership percentage [1],[4] 50.00%            
Investment in Real Estate Ventures, equity method [4] $ 11,173 15,450          
Company’s share of income (loss) (Company’s basis) [4] (2,155) (3,443)          
Equity Method Investment Summarized Financial Information Debt [4] $ 185,000 180,800          
Debt Instrument, Interest Rate Terms [4] L+2.45%            
Debt Instrument, Maturity Date, Month and Year [4] 2023-08            
Four Tower Bridge [Member]              
Schedule Of Equity Method Investments [Line Items]              
Ownership percentage 65.00% [1],[5]       35.00%    
Investment in Real Estate Ventures, equity method [5] $ 0 3,032          
Company’s share of income (loss) (Company’s basis) [5] 0 746          
Equity Method Investment Summarized Financial Information Debt [5] $ 0 9,749          
PJP VII [Member]              
Schedule Of Equity Method Investments [Line Items]              
Ownership percentage [1] 25.00%            
Investment in Real Estate Ventures, equity method $ 1,100 1,156          
Company’s share of income (loss) (Company’s basis) 157 175          
Equity Method Investment Summarized Financial Information Debt $ 3,777 4,792          
Debt Instrument, Interest Rate Terms L+2.65%            
Debt Instrument, Maturity Date, Month and Year 2019-12            
PJP Two [Member]              
Schedule Of Equity Method Investments [Line Items]              
Ownership percentage [1] 30.00%            
Investment in Real Estate Ventures, equity method $ 663 604          
Company’s share of income (loss) (Company’s basis) 179 72          
Equity Method Investment Summarized Financial Information Debt $ 2,214 2,564          
Debt Instrument, Interest Rate, Effective Percentage 6.12%            
Debt Instrument, Maturity Date, Month and Year 2023-11            
PJP VI [Member]              
Schedule Of Equity Method Investments [Line Items]              
Ownership percentage [1] 25.00%            
Investment in Real Estate Ventures, equity method $ 125 179          
Company’s share of income (loss) (Company’s basis) 71 38          
Equity Method Investment Summarized Financial Information Debt $ 7,069 7,370          
Debt Instrument, Interest Rate, Effective Percentage 6.08%            
Debt Instrument, Maturity Date, Month and Year 2023-04            
DRA Austin Venture [Member]              
Schedule Of Equity Method Investments [Line Items]              
Ownership percentage [1],[6] 50.00%            
Investment in Real Estate Ventures, equity method [6] $ 0 13,972          
Company’s share of income (loss) (Company’s basis) [6] 1,687 (989)          
Equity Method Investment Summarized Financial Information Debt [6] $ 0 249,481          
Brandywine 1919 Ventures [Member]              
Schedule Of Equity Method Investments [Line Items]              
Ownership percentage 50.00% [1],[7]     50.00%     50.00%
Investment in Real Estate Ventures, equity method [7] $ 19,897 22,268          
Company’s share of income (loss) (Company’s basis) [7] 253 (194)          
Equity Method Investment Summarized Financial Information Debt [7] $ 88,860 88,860          
Debt Instrument, Interest Rate, Effective Percentage [7] 4.00%            
Debt Instrument, Maturity Date, Month and Year [7] 2023-06            
HSRE BDN I, LLC [Member]              
Schedule Of Equity Method Investments [Line Items]              
Ownership percentage [1] 50.00%            
Investment in Real Estate Ventures, equity method $ 0 17,671          
Company’s share of income (loss) (Company’s basis) (358) 449          
Equity Method Investment Summarized Financial Information Debt 0 110,886          
TB-BDN Plymouth Apartments [Member]              
Schedule Of Equity Method Investments [Line Items]              
Investment in Real Estate Ventures, equity method [8] 0 0          
Company’s share of income (loss) (Company’s basis) [8] 0 99          
Equity Method Investment Summarized Financial Information Debt [8] $ 0 0          
4040 Wilson Venture [Member]              
Schedule Of Equity Method Investments [Line Items]              
Ownership percentage 50.00% [1],[9]   50.00%        
Investment in Real Estate Ventures, equity method [9] $ 37,371 37,179          
Company’s share of income (loss) (Company’s basis) [9] (192) (255)          
Equity Method Investment Summarized Financial Information Debt [9] $ 57,288 6,664          
Debt Instrument, Interest Rate Terms [9] L+2.75%            
Debt Instrument, Maturity Date, Month and Year [9] 2021-12            
51 N 50 Patterson [Member]              
Schedule Of Equity Method Investments [Line Items]              
Ownership percentage 70.00% [1]         70.00%  
Investment in Real Estate Ventures, equity method $ 21,368 21,212          
Company’s share of income (loss) (Company’s basis) (137) (176)          
Equity Method Investment Summarized Financial Information Debt $ 0 0          
Seven Tower Bridge [Member]              
Schedule Of Equity Method Investments [Line Items]              
Ownership percentage [1],[5] 20.00%            
Investment in Real Estate Ventures, equity method [5] $ 0 471          
Company’s share of income (loss) (Company’s basis) [5] 0 (214)          
Equity Method Investment Summarized Financial Information Debt [5] $ 0 14,629          
1250 First Street Office [Member]              
Schedule Of Equity Method Investments [Line Items]              
Ownership percentage 70.00% [1]         70.00%  
Investment in Real Estate Ventures, equity method $ 17,838 17,867          
Company’s share of income (loss) (Company’s basis) (260) (149)          
Equity Method Investment Summarized Financial Information Debt $ 0 $ 0          
[1] Ownership percentage represents the Company’s entitlement to residual distributions after payments of priority returns, where applicable.
[2] See “Brandywine - AI Venture: Station Square and 7101 Wisconsin Avenue” and “Brandywine - AI Venture: Other Than Temporary Impairment” sections below for information discussing activity that occurred during 2018 and 2017 relating to this venture.
[3] On December 20, 2018, the Company contributed a portfolio of eight properties containing an aggregate of 1,293,197 square feet, located in its Metropolitan Washington, D.C. segment, known as the Rockpoint Portfolio, to a newly-formed joint venture, known as the Herndon Innovation Center Metro Portfolio Venture, LLC, for a gross sales price of $312.0 million. Rockpoint and the Company own 85% and 15% interests in the Herndon Innovation Center Metro Portfolio Venture, LLC, respectively. See “Herndon Innovation Center Metro Portfolio Venture, LLC” section below for further details.
[4] On August 1, 2018, the MAP Venture refinanced its $180.8 million third party debt financing, secured by the buildings of MAP Venture and maturing February 9, 2019, with $185.0 million third party debt financing, also secured by the buildings, bearing interest at LIBOR + 2.45% capped at a total maximum interest of 6.00% and maturing on August 1, 2023.
[5] On January 5, 2018, the Company exchanged its 20% interest in Seven Tower Bridge to acquire the remaining 35% interest in Four Tower Bridge. For further information regarding the accounting of the transaction, see “Four Tower Bridge Acquisition” section below.
[6] See “Austin Venture section below for information discussing the Company’s purchase of its partner’s entire 50% interest in the twelve remaining properties within the Austin Venture on December 11, 2018.
[7] The basis difference associated with this venture is allocated between cost and the underlying equity in the net assets of the investee and is accounted for as if the entity were consolidated (i.e., allocated to the Company’s relative share of assets and liabilities with an adjustment to recognize equity in earnings for the appropriate depreciation/amortization).
[8] On January 31, 2017, the Company sold its 50% interest in TB-BDN Plymouth Apartments, LP.
[9] During the fourth quarter of 2017, 4040 Wilson obtained a secured construction loan with a total borrowing capacity of $150.0 million.