BRANDYWINE REALTY TRUSTBDN
| Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
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Net income (loss) | -18 | -5 | 7 | 43 | 7 | -31 | 41 | 122 | 137 | 35 | 307 | 12 | 54 | -197 |
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Depreciation and amortization | 213 | 219 | 199 | 199 | 209 | 219 | 190 | 179 | 174 | 210 | 188 | 178 | 178 | 189 |
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Amortization of Debt Issuance Costs | 4 | 5 | 6 | 5 | 5 | 5 | 3 | 2 | 2 | 3 | 3 | 3 | 3 | 4 |
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Amortization of Debt Discount (Premium) | 1 | 2 | 2 | 2 | -1 | -1 | 1 | 2 | 1 | 0 | -1 | -2 | -5 | -1 |
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Amortization of stock compensation costs | 5 | 4 | - | 7 | 4 | 5 | 4 | 5 | 6 | 7 | 7 | 7 | 9 | 10 |
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Straight-line rent income | - | - | - | - | - | - | - | - | 12 | 11 | 15 | 13 | 14 | 9 |
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Amortization of above and below Market Leases | - | - | -6 | -7 | -6 | -8 | -7 | -3 | -3 | -9 | -5 | -5 | -3 | -1 |
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Straight-line ground rent expense | 2 | 2 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
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Provision for doubtful accounts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | -1 | 1 | - | - | - |
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Net gain on real estate venture transactions | - | - | - | - | -0 | - | 20 | 81 | 142 | 12 | 0 | 3 | 27 | 0 |
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Net gain on real estate venture transactions | - | - | - | - | -0 | - | 20 | 81 | 142 | 12 | 0 | 3 | 27 | 0 |
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Total gain on sale of real estate | - | 10 | 35 | 29 | 6 | 24 | 126 | 33 | 6 | 2 | 290 | 3 | 26 | 9 |
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Total gain on sale of real estate | - | 10 | 35 | 29 | 6 | 24 | 126 | 33 | 6 | 2 | 290 | 3 | 26 | 9 |
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Gain (loss) on early extinguishment of debt | -2 | -3 | -22 | -2 | -8 | - | -67 | -4 | -0 | - | - | - | -0 | 0 |
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Gain (loss) on early extinguishment of debt | -2 | -3 | -22 | -2 | -8 | - | -67 | -4 | -0 | - | - | - | -0 | 0 |
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Provision for impairment | - | - | - | - | - | 82 | 41 | 3 | 72 | - | - | - | 5 | 132 |
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Provision for impairment | - | - | - | - | - | 82 | 41 | 3 | 72 | - | - | - | 5 | 132 |
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Loss from unconsolidated real estate ventures, including income distributions | - | - | - | - | - | - | - | - | - | - | - | - | - | -78 |
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Loss from unconsolidated real estate ventures, including income distributions | - | - | - | - | - | - | - | - | -13 | -10 | -19 | -27 | -24 | - |
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Income tax provision | - | - | - | - | - | - | - | -1 | 0 | 0 | -0 | 0 | 0 | 0 |
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Income tax provision | - | - | - | - | - | - | - | -1 | 0 | 0 | -0 | 0 | 0 | 0 |
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Accounts receivable | 4 | 1 | -0 | 4 | 3 | 1 | -2 | 6 | -4 | 0 | 2 | -3 | -1 | -0 |
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Other assets | 3 | 2 | -2 | -5 | 4 | -1 | 0 | -1 | 14 | -9 | 5 | 19 | 1 | 3 |
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Accounts payable and accrued expenses | -8 | 8 | -8 | -1 | 1 | 4 | -8 | 4 | 13 | -6 | 14 | 3 | 5 | -13 |
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Deferred income, gains and rent | - | - | - | - | - | - | - | - | 3 | 9 | -12 | 3 | 2 | -0 |
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Other liabilities | 5 | -0 | -2 | -0 | -3 | -2 | 1 | 1 | 3 | -9 | 15 | 0 | 3 | -2 |
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Accounts receivable | 4 | 1 | -0 | 4 | 3 | 1 | -2 | 6 | -4 | 0 | 2 | -3 | -1 | -0 |
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Other assets | 3 | 2 | -2 | -5 | 4 | -1 | 0 | -1 | 14 | -9 | 5 | 19 | 1 | 3 |
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Accounts payable and accrued expenses | -8 | 8 | -8 | -1 | 1 | 4 | -8 | 4 | 13 | -6 | 14 | 3 | 5 | -13 |
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Deferred income, gains and rent | - | - | - | - | - | - | - | - | 3 | 9 | -12 | 3 | 2 | -0 |
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Other liabilities | 5 | -0 | -2 | -0 | -3 | -2 | 1 | 1 | 3 | -9 | 15 | 0 | 3 | -2 |
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Net cash provided by operating activities | 185 | 179 | 157 | 183 | 189 | 195 | 172 | 182 | 227 | 234 | 226 | 191 | 209 | 177 |
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Acquisition of properties | - | 41 | 78 | 162 | 18 | 150 | 20 | 73 | 197 | - | 42 | - | 3 | 8 |
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Proceeds from the sale of properties | 50 | 156 | 171 | 423 | 119 | 247 | 784 | 172 | 324 | 42 | 278 | 10 | 64 | 77 |
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Proceeds from note receivable | 40 | - | - | - | - | - | - | - | - | - | - | - | 44 | - |
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Issuance of note receivable | - | - | - | - | - | - | - | - | - | - | 50 | - | - | - |
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Capital expenditures for tenant improvements | - | - | - | 109 | 131 | 98 | 51 | 61 | 65 | 67 | 73 | 57 | 87 | 49 |
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Capital expenditures for tenant improvements | - | - | - | 109 | 131 | 98 | 51 | 61 | 65 | 67 | 73 | 57 | 87 | 49 |
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Capital expenditures for redevelopments | - | - | - | 6 | 19 | 48 | 12 | 35 | 48 | 54 | 22 | 48 | 87 | 60 |
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Capital expenditures for redevelopments | - | - | - | 6 | 19 | 48 | 12 | 35 | 48 | 54 | 22 | 48 | 87 | 60 |
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Capital expenditures for developments | - | - | - | - | - | - | 191 | 67 | 99 | 77 | 65 | 30 | 89 | 48 |
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Capital expenditures for developments | - | - | - | - | - | - | 191 | 67 | 99 | 77 | 65 | 30 | 89 | 48 |
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Advances for the purchase of tenant assets, net of repayments | - | - | - | - | - | - | - | - | - | - | -1 | -0 | 0 | 1 |
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Advances for the purchase of tenant assets, net of repayments | - | - | - | - | - | - | - | - | - | - | -1 | -0 | 0 | 1 |
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Investment in unconsolidated real estate ventures | 5 | 5 | 65 | 33 | 46 | 69 | 29 | 7 | 1 | 0 | 1 | 32 | 47 | 86 |
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Investment in unconsolidated real estate ventures | 5 | 5 | 65 | 33 | 46 | 69 | 29 | 7 | 1 | 0 | 1 | 32 | 47 | 86 |
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Deposits for real estate | - | - | - | - | - | - | - | -1 | 8 | 4 | - | 3 | 5 | -3 |
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Deposits for real estate | - | - | - | - | - | - | - | -1 | 8 | 4 | - | 3 | 5 | -3 |
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Capital distributions from unconsolidated real estate ventures | - | - | - | - | 10 | 9 | 13 | 21 | 7 | 36 | 9 | 27 | 47 | 4 |
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Capital distributions from unconsolidated real estate ventures | - | - | - | - | 10 | 9 | 13 | 21 | 7 | 36 | 9 | 27 | 47 | 4 |
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Leasing costs paid | - | - | - | - | - | - | - | - | - | - | 17 | 20 | 27 | 8 |
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Leasing costs paid | - | - | - | - | - | - | - | - | - | - | 17 | 20 | 27 | 8 |
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Net cash used in investing activities | -172 | -48 | -73 | 105 | -271 | -166 | 501 | 80 | -215 | -131 | 18 | -100 | -191 | -175 |
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Net cash used in investing activities | -172 | -48 | -73 | 105 | -271 | -166 | 501 | 80 | -215 | -131 | 18 | -100 | -191 | -175 |
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Repayments of mortgage notes payable | 52 | 222 | 69 | 11 | 13 | 223 | 357 | 5 | 122 | 8 | 95 | - | - | - |
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Proceeds from Long-Term Lines of Credit | 565 | 706 | 91 | 186 | - | 89 | 195 | 341 | 456 | 349 | 318 | 154 | 478 | 215 |
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Proceeds from Long-Term Lines of Credit | 565 | 706 | 91 | 186 | - | 89 | 195 | 341 | 456 | 349 | 318 | 154 | 478 | 215 |
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Repayments of credit facility borrowings | 474 | 614 | 297 | 255 | - | 89 | 195 | 341 | 363 | 441 | 318 | 131 | 413 | 304 |
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Repayments of credit facility borrowings | 474 | 614 | 297 | 255 | - | 89 | 195 | 341 | 363 | 441 | 318 | 131 | 413 | 304 |
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Proceeds from unsecured notes | - | 321 | 248 | - | 496 | - | - | 550 | - | 216 | - | - | 350 | - |
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Proceeds from unsecured notes | - | 321 | 248 | - | 496 | - | - | 550 | - | 216 | - | - | 350 | - |
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Repayments of unsecured notes | 276 | 105 | 190 | - | 251 | - | - | - | - | - | - | - | 296 | 64 |
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Repayments of unsecured notes | 276 | 105 | 190 | - | 251 | - | - | - | - | - | - | - | 296 | 64 |
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Proceeds from unsecured term loan | - | - | 600 | - | - | 50 | - | - | - | - | - | - | - | 70 |
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Debt financing costs paid | 1 | 4 | 10 | 0 | 4 | 5 | 0 | 5 | 3 | 2 | - | - | 10 | 4 |
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Proceeds from secured term loan | - | - | - | - | - | - | - | - | - | - | - | - | - | 245 |
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Exercise of stock options, net | - | - | - | - | - | - | - | - | - | - | - | -0 | - | - |
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Proceeds from construction loan | - | - | - | - | - | - | - | - | - | - | - | - | - | 14 |
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Shares used for employee taxes upon vesting of share awards | - | - | - | - | - | - | - | - | 1 | 2 | 1 | 2 | 3 | 0 |
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Debt financing costs paid | 1 | 4 | 10 | 0 | 4 | 5 | 0 | 5 | 3 | 2 | - | - | 10 | 4 |
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Proceeds from Partnership Contribution | - | - | - | - | - | 1 | 0 | 0 | 0 | 0 | - | 3 | - | - |
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Exercise of stock options, net | - | - | - | - | - | - | - | - | - | - | - | -0 | - | - |
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Repurchase and retirement of common shares | - | - | - | - | - | 67 | - | - | 22 | 17 | 60 | - | - | - |
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Shares used for employee taxes upon vesting of share awards | - | - | - | - | - | - | - | - | 1 | 2 | 1 | 2 | 3 | 0 |
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Redemption of limited partnership units | - | - | - | - | - | - | - | - | - | - | - | - | 4 | 0 |
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Proceeds from Partnership Contribution | - | - | - | - | - | 1 | 0 | 0 | 0 | 0 | - | 3 | - | - |
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Distributions paid to shareholders | - | - | - | - | - | - | - | - | - | - | 131 | 130 | 131 | 124 |
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Redemption of limited partnership units | - | - | - | - | - | - | - | - | - | - | - | - | 4 | 0 |
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Distributions to noncontrolling interest | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 |
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Distributions paid to shareholders | - | - | - | - | - | - | - | - | - | - | 131 | 130 | 131 | 124 |
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Net cash provided by (used in) financing activities | 2 | -147 | -83 | -27 | 76 | -229 | -536 | -254 | -193 | -36 | -288 | -109 | -29 | 47 |
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Distributions to noncontrolling interest | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 |
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Net cash provided by (used in) financing activities | 2 | -147 | -83 | -27 | 76 | -229 | -536 | -254 | -193 | -36 | -288 | -109 | -29 | 47 |
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Increase/(Decrease) in cash and cash equivalents and restricted cash | - | - | - | - | - | - | - | - | - | - | -44 | -19 | -10 | 49 |
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Interest Paid, Excluding Capitalized Interest, Operating Activities | 135 | 135 | 138 | 119 | 129 | 125 | 98 | 83 | 77 | 67 | 79 | 72 | 86 | 108 |
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Income Taxes Paid, Net | - | - | - | - | - | - | - | - | 0 | 1 | 1 | 1 | 1 | 1 |
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Extinguishment of debt costs accrued in financing activities | - | - | 1 | - | - | - | - | - | - | - | - | - | 0 | - |
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Change In Investment In Real Estate Ventures As Result Of Deconsolidation | - | - | - | - | - | - | - | - | - | - | - | 33 | 107 | 9 |
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Change in operating real estate from deconsolidation of operating properties | - | - | - | - | - | - | 44 | - | - | - | 428 | -30 | 92 | 8 |
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Change in investment in real estate ventures from deconsolidation of operating properties | - | - | - | - | - | - | - | - | - | - | 296 | - | - | - |
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Increase (Decrease) In Other Assets From Deconsolidation | - | - | - | - | - | - | - | - | - | - | 1 | -3 | -15 | - |
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Change in mortgage notes payable from deconsolidation of operating properties | - | - | - | - | - | - | - | - | - | - | 220 | - | - | - |
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Change In Capital Expenditures Financed Through Accounts Payable | - | - | - | - | - | -8 | 8 | -7 | 9 | 11 | -10 | 23 | -6 | -3 |
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Increase (Decrease) In Other Assets From Deconsolidation | - | - | - | - | - | - | - | - | - | - | 1 | -3 | -15 | - |
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Change in capital expenditures financed through retention payable at period end | -2 | 6 | -1 | 0 | -6 | 6 | 1 | -0 | -3 | 1 | 0 | -1 | -7 | 3 |
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Change In Capital Expenditures Financed Through Accounts Payable | - | - | - | - | - | -8 | 8 | -7 | 9 | 11 | -10 | 23 | -6 | -3 |
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Change in capital expenditures financed through retention payable at period end | -2 | 6 | -1 | 0 | -6 | 6 | 1 | -0 | -3 | 1 | 0 | -1 | -7 | 3 |
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