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CONSOLIDATED BALANCE SHEETS - BRANDYWINE OPERATING PARTNERSHIP, L.P. - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Real estate investments:    
Operating properties $ 3,265,410 $ 3,374,780
Accumulated depreciation (1,234,678) (1,171,803)
Right of use asset - operating leases, net 17,957 18,412
Operating real estate investments, net 2,048,689 2,221,389
Construction-in-progress 94,635 94,628
Land held for development 73,395 81,318
Prepaid leasehold interests in land held for development, net 27,762 27,762
Total real estate investments, net 2,244,481 2,425,097
Cash and cash equivalents 75,478 90,229
Restricted cash and escrows 1,050 5,948
Accounts receivable 15,493 12,703
Accrued rent receivable, net of allowance of $424 and $909 as of September 30, 2025 and December 31, 2024, respectively 183,153 184,312
Investment in unconsolidated real estate ventures 594,203 570,455
Deferred costs, net 77,449 84,317
Intangible assets, net 3,845 5,505
Other assets 124,249 113,647
Total assets 3,319,401 3,492,213
LIABILITIES AND PARTNERS' EQUITY    
Secured debt, net 243,171 275,338
Accounts payable and accrued expenses 128,485 129,717
Distributions payable 14,108 26,256
Deferred income, gains and rent 16,041 35,414
Intangible liabilities, net 6,536 7,292
Lease liability - operating leases 23,676 23,546
Other liabilities 14,203 12,587
Total liabilities 2,472,499 2,447,626
Commitments and contingencies (See Note 14)
Brandywine Operating Partnership, L.P.'s equity:    
Accumulated other comprehensive income (loss) (1,556) 2,521
Total liabilities and beneficiaries' equity 3,319,401 3,492,213
Unsecured Debt    
LIABILITIES AND PARTNERS' EQUITY    
Unsecured loans, net 249,288 318,949
Senior Notes    
LIABILITIES AND PARTNERS' EQUITY    
Unsecured loans, net 1,776,991 1,618,527
Brandywine Operating Partnership, L.P.    
Real estate investments:    
Operating properties 3,265,410 3,374,780
Accumulated depreciation (1,234,678) (1,171,803)
Right of use asset - operating leases, net 17,957 18,412
Operating real estate investments, net 2,048,689 2,221,389
Construction-in-progress 94,635 94,628
Land held for development 73,395 81,318
Prepaid leasehold interests in land held for development, net 27,762 27,762
Total real estate investments, net 2,244,481 2,425,097
Cash and cash equivalents 75,478 90,229
Restricted cash and escrows 1,050 5,948
Accounts receivable 15,493 12,703
Accrued rent receivable, net of allowance of $424 and $909 as of September 30, 2025 and December 31, 2024, respectively 183,153 184,312
Investment in unconsolidated real estate ventures 594,203 570,455
Deferred costs, net 77,449 84,317
Intangible assets, net 3,845 5,505
Other assets 124,249 113,647
Total assets 3,319,401 3,492,213
LIABILITIES AND PARTNERS' EQUITY    
Secured debt, net 243,171 275,338
Accounts payable and accrued expenses 128,485 129,717
Distributions payable 14,108 26,256
Deferred income, gains and rent 16,041 35,414
Intangible liabilities, net 6,536 7,292
Lease liability - operating leases 23,676 23,546
Other liabilities 14,203 12,587
Total liabilities 2,472,499 2,447,626
Commitments and contingencies (See Note 14)
Redeemable limited partnership units at redemption value; 515,595 and 515,595 issued and outstanding as of September 30, 2025 and December 31, 2024, respectively 2,231 2,870
Brandywine Operating Partnership, L.P.'s equity:    
General Partnership Capital; 173,699,039 and 172,665,995 units issued and outstanding as of September 30, 2025 and December 31, 2024, respectively 843,757 1,036,712
Accumulated other comprehensive income (loss) (1,900) 2,190
Total Brandywine Operating Partnership, L.P.'s equity 841,857 1,038,902
Noncontrolling interest - consolidated real estate ventures 2,814 2,815
Total partners' equity 844,671 1,041,717
Total liabilities and beneficiaries' equity 3,319,401 3,492,213
Brandywine Operating Partnership, L.P. | Unsecured Debt    
LIABILITIES AND PARTNERS' EQUITY    
Unsecured loans, net 249,288 318,949
Brandywine Operating Partnership, L.P. | Senior Notes    
LIABILITIES AND PARTNERS' EQUITY    
Unsecured loans, net $ 1,776,991 $ 1,618,527