10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001558370-20-005199 |
| Period End Date | 20200331 |
| Filing Date | 20200505 |
| Fiscal Year | 2020 |
| Fiscal Period | Q1 |
| XBRL Instance | jbgs-20200505x10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
83 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Preferred shares, par value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Preferred shares, par value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Preferred shares, shares authorized |
PreferredStockSharesAuthorized
|
200,000.00 | shares | Point-in-time |
| Preferred shares, shares authorized |
PreferredStockSharesAuthorized
|
200,000.00 | shares | Point-in-time |
| Land and improvements |
LandAndLandImprovements
|
$1.24B | USD | Point-in-time |
| Preferred shares, shares issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Preferred shares, shares issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Land and improvements |
LandAndLandImprovements
|
$1.28B | USD | Point-in-time |
| Common shares, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Buildings and improvements |
InvestmentBuildingAndBuildingImprovements
|
$3.99B | USD | Point-in-time |
| Common shares, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Buildings and improvements |
InvestmentBuildingAndBuildingImprovements
|
$3.88B | USD | Point-in-time |
| Construction in progress, including land |
DevelopmentInProcess
|
$654.09M | USD | Point-in-time |
| Common shares, shares authorized |
CommonStockSharesAuthorized
|
500.00M | shares | Point-in-time |
| Common shares, shares authorized |
CommonStockSharesAuthorized
|
500.00M | shares | Point-in-time |
| Construction in progress, including land |
DevelopmentInProcess
|
$585.10M | USD | Point-in-time |
| Real estate, at cost |
RealEstateInvestmentPropertyAtCost
|
$5.85B | USD | Point-in-time |
| Common shares, shares issued |
CommonStockSharesIssued
|
134.15M | shares | Point-in-time |
| Common shares, shares issued |
CommonStockSharesIssued
|
133.52M | shares | Point-in-time |
| Real estate, at cost |
RealEstateInvestmentPropertyAtCost
|
$5.78B | USD | Point-in-time |
| Common shares, shares outstanding |
CommonStockSharesOutstanding
|
134.15M | shares | Point-in-time |
| Less accumulated depreciation |
RealEstateInvestmentPropertyAccumulatedDepreciation
|
$1.12B | USD | Point-in-time |
| Common shares, shares outstanding |
CommonStockSharesOutstanding
|
133.52M | shares | Point-in-time |
| Less accumulated depreciation |
RealEstateInvestmentPropertyAccumulatedDepreciation
|
$1.16B | USD | Point-in-time |
| Real estate, net |
RealEstateInvestmentPropertyNet
|
$4.66B | USD | Point-in-time |
| Real estate, net |
RealEstateInvestmentPropertyNet
|
$4.70B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$126.41M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$295.44M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$395.58M | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
$18.58M | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
$16.10M | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
$17.88M | USD | Point-in-time |
| Tenant and other receivables, net |
AccountsAndNotesReceivableNet
|
$52.94M | USD | Point-in-time |
| Tenant and other receivables, net |
AccountsAndNotesReceivableNet
|
$56.04M | USD | Point-in-time |
| Deferred rent receivable, net |
DeferredRentReceivablesNet
|
$174.73M | USD | Point-in-time |
| Deferred rent receivable, net |
DeferredRentReceivablesNet
|
$169.72M | USD | Point-in-time |
| Total investments in unconsolidated real estate ventures |
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
|
$543.03M | USD | Point-in-time |
| Total investments in unconsolidated real estate ventures |
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
|
$542.98M | USD | Point-in-time |
| Other assets, net |
OtherAssets
|
$281.75M | USD | Point-in-time |
| Other assets, net |
OtherAssets
|
$253.69M | USD | Point-in-time |
| Assets held for sale |
AssetsHeldForSaleNotPartOfDisposalGroup
|
$168.41M | USD | Point-in-time |
| Assets held for sale |
AssetsHeldForSaleNotPartOfDisposalGroup
|
$73.88M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$6.14B | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$5.99B | USD | Point-in-time |
| Mortgages payable, net |
SecuredDebt
|
$1.29B | USD | Point-in-time |
| Mortgages payable, net |
SecuredDebt
|
$1.13B | USD | Point-in-time |
| Revolving credit facility |
LineOfCredit
|
$200.00M | USD | Point-in-time |
| Revolving credit facility |
LineOfCredit
|
$200.00M | USD | Point-in-time |
| Unsecured term loans, net |
UnsecuredDebt
|
$297.47M | USD | Point-in-time |
| Unsecured term loans, net |
UnsecuredDebt
|
$297.30M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$124.81M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$157.70M | USD | Point-in-time |
| Other liabilities, net |
OtherLiabilities
|
$228.32M | USD | Point-in-time |
| Other liabilities, net |
OtherLiabilities
|
$206.04M | USD | Point-in-time |
| Liabilities related to assets held for sale |
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
|
$213.00K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.15B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.99B | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Redeemable noncontrolling interests |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$503.04M | USD | Point-in-time |
| Redeemable noncontrolling interests |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$558.14M | USD | Point-in-time |
| Redeemable noncontrolling interests |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$612.76M | USD | Point-in-time |
| Redeemable noncontrolling interests |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$584.76M | USD | Point-in-time |
| Preferred shares, $0.01 par value - 200,000 shares authorized, none issued |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred shares, $0.01 par value - 200,000 shares authorized, none issued |
PreferredStockValue
|
- | USD | Point-in-time |
| Common shares, $0.01 par value - 500,000 shares authorized; 133,517 and 134,148 shares issued and outstanding as of March 31, 2020 and December 31, 2019 |
CommonStockValue
|
$1.34M | USD | Point-in-time |
| Common shares, $0.01 par value - 500,000 shares authorized; 133,517 and 134,148 shares issued and outstanding as of March 31, 2020 and December 31, 2019 |
CommonStockValue
|
$1.34M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$3.72B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$3.63B | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-231.16M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-188.24M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-45.94M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-16.74M | USD | Point-in-time |
| Total shareholders' equity of JBG SMITH Properties |
StockholdersEquity
|
$3.39B | USD | Point-in-time |
| Total shareholders' equity of JBG SMITH Properties |
StockholdersEquity
|
$3.49B | USD | Point-in-time |
| Noncontrolling interests in consolidated subsidiaries |
MinorityInterest
|
$201.00K | USD | Point-in-time |
| Noncontrolling interests in consolidated subsidiaries |
MinorityInterest
|
$203.00K | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.39B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.49B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.99B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.00B | USD | Point-in-time |
| TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY |
LiabilitiesAndStockholdersEquity
|
$5.99B | USD | Point-in-time |
| TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY |
LiabilitiesAndStockholdersEquity
|
$6.14B | USD | Point-in-time |
Income Statement
53 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Property rentals |
OperatingLeaseLeaseIncome
|
$120.38M | USD | 1 Quarter |
| Property rentals |
OperatingLeaseLeaseIncome
|
$119.41M | USD | 1 Quarter |
| Third-party real estate services, including reimbursements |
RevenuefromContractwithCustomerIncludingReimbursements
|
$27.69M | USD | 1 Quarter |
| Third-party real estate services, including reimbursements |
RevenuefromContractwithCustomerIncludingReimbursements
|
$29.72M | USD | 1 Quarter |
| Other revenue |
OtherIncome
|
$8.01M | USD | 1 Quarter |
| Other revenue |
OtherIncome
|
$8.10M | USD | 1 Quarter |
| Total revenue |
Revenues
|
$158.11M | USD | 1 Quarter |
| Total revenue |
Revenues
|
$155.20M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$48.49M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$48.72M | USD | 1 Quarter |
| Property operating |
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
$32.17M | USD | 1 Quarter |
| Property operating |
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
$34.50M | USD | 1 Quarter |
| Real estate taxes |
RealEstateTaxExpense
|
$18.20M | USD | 1 Quarter |
| Real estate taxes |
RealEstateTaxExpense
|
$17.23M | USD | 1 Quarter |
| Corporate and other |
OtherGeneralAndAdministrativeExpense
|
$12.31M | USD | 1 Quarter |
| Corporate and other |
OtherGeneralAndAdministrativeExpense
|
$13.18M | USD | 1 Quarter |
| Third-party real estate services |
ThirdPartyRealEstateServices
|
$28.07M | USD | 1 Quarter |
| Third-party real estate services |
ThirdPartyRealEstateServices
|
$28.81M | USD | 1 Quarter |
| Share-based compensation related to Formation Transaction and special equity awards |
AllocatedSharebasedCompensationExpenseFormationTransaction
|
$11.13M | USD | 1 Quarter |
| Share-based compensation related to Formation Transaction and special equity awards |
AllocatedSharebasedCompensationExpenseFormationTransaction
|
$9.44M | USD | 1 Quarter |
| Transaction and other costs |
Transactionandothercosts
|
$5.31M | USD | 1 Quarter |
| Transaction and other costs |
Transactionandothercosts
|
$4.89M | USD | 1 Quarter |
| Total expenses |
CostsAndExpenses
|
$157.93M | USD | 1 Quarter |
| Total expenses |
CostsAndExpenses
|
$154.53M | USD | 1 Quarter |
| Income (loss) from unconsolidated real estate ventures, net |
IncomeLossFromEquityMethodInvestments
|
$3.60M | USD | 1 Quarter |
| Income (loss) from unconsolidated real estate ventures, net |
IncomeLossFromEquityMethodInvestments
|
$-2.69M | USD | 1 Quarter |
| Interest and other income, net |
InvestmentIncomeNet
|
$907.00K | USD | 1 Quarter |
| Interest and other income, net |
InvestmentIncomeNet
|
$951.00K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$17.17M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$12.01M | USD | 1 Quarter |
| Gain on sale of real estate |
GainsLossesOnSalesOfInvestmentRealEstate
|
$59.48M | USD | 1 Quarter |
| Gain on sale of real estate |
GainsLossesOnSalesOfInvestmentRealEstate
|
$39.03M | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-33.00K | USD | 1 Quarter |
| Total other income (expense) |
NonoperatingIncomeExpense
|
$45.65M | USD | 1 Quarter |
| Total other income (expense) |
NonoperatingIncomeExpense
|
$26.41M | USD | 1 Quarter |
| INCOME BEFORE INCOME TAX BENEFIT |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$27.08M | USD | 1 Quarter |
| INCOME BEFORE INCOME TAX BENEFIT |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$45.83M | USD | 1 Quarter |
| Income tax benefit |
IncomeTaxExpenseBenefit
|
$-2.35M | USD | 1 Quarter |
| Income tax benefit |
IncomeTaxExpenseBenefit
|
$-1.17M | USD | 1 Quarter |
| NET INCOME |
ProfitLoss
|
$28.25M | USD | 1 Quarter |
| NET INCOME |
ProfitLoss
|
$48.17M | USD | 1 Quarter |
| Net income attributable to redeemable noncontrolling interests |
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
$3.39M | USD | 1 Quarter |
| Net income attributable to redeemable noncontrolling interests |
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
$5.25M | USD | 1 Quarter |
| NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS |
NetIncomeLoss
|
$42.92M | USD | 1 Quarter |
| NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS |
NetIncomeLoss
|
$24.86M | USD | 1 Quarter |
| Earnings Per Share, Basic |
EarningsPerShareBasic
|
$0.32 | USD | 1 Quarter |
| Earnings Per Share, Basic |
EarningsPerShareBasic
|
$0.20 | USD | 1 Quarter |
| Earnings Per Share, Diluted |
EarningsPerShareDiluted
|
$0.20 | USD | 1 Quarter |
| Earnings Per Share, Diluted |
EarningsPerShareDiluted
|
$0.32 | USD | 1 Quarter |
| Weighted average number of common shares outstanding - basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
134.54M | shares | 1 Quarter |
| Weighted average number of common shares outstanding - basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
122.57M | shares | 1 Quarter |
| Weighted Average Number of Shares Outstanding, Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
123.42M | shares | 1 Quarter |
| Weighted Average Number of Shares Outstanding, Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
135.43M | shares | 1 Quarter |
Cash Flow Statement
99 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$28.25M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$48.17M | USD | 1 Quarter |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$126.41M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$295.44M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$395.58M | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
$18.58M | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
$16.10M | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
$17.88M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$142.52M | USD | Point-in-time |
| Share-based compensation expense |
ShareBasedCompensation
|
$16.59M | USD | 1 Quarter |
| Cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$413.46M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$399.53M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$314.02M | USD | Point-in-time |
| Share-based compensation expense |
ShareBasedCompensation
|
$17.36M | USD | 1 Quarter |
| Capitalized interest |
InterestPaidCapitalized
|
$5.27M | USD | 1 Quarter |
| Depreciation and amortization, including amortization of debt issuance costs |
DepreciationDepletionAndAmortization
|
$49.94M | USD | 1 Quarter |
| Depreciation and amortization, including amortization of debt issuance costs |
DepreciationDepletionAndAmortization
|
$49.36M | USD | 1 Quarter |
| Capitalized interest |
InterestPaidCapitalized
|
$6.92M | USD | 1 Quarter |
| Deferred rent |
StraightLineRent
|
$6.61M | USD | 1 Quarter |
| Deferred rent |
StraightLineRent
|
$9.34M | USD | 1 Quarter |
| (Income) loss from unconsolidated real estate ventures, net |
IncomeLossFromEquityMethodInvestments
|
$3.60M | USD | 1 Quarter |
| (Income) loss from unconsolidated real estate ventures, net |
IncomeLossFromEquityMethodInvestments
|
$-2.69M | USD | 1 Quarter |
| Amortization of market lease intangibles, net |
AmortizationOfAcquiredBelowMarketLeaseNetOfAcquiredAboveMarketLease
|
$132.00K | USD | 1 Quarter |
| Amortization of market lease intangibles, net |
AmortizationOfAcquiredBelowMarketLeaseNetOfAcquiredAboveMarketLease
|
$163.00K | USD | 1 Quarter |
| Amortization of lease incentives |
AmortizationOfLeaseIncentives
|
$2.06M | USD | 1 Quarter |
| Amortization of lease incentives |
AmortizationOfLeaseIncentives
|
$1.61M | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainLossOnDebtExtinguishmentIncludingPrepaymentPenalty
|
$-33.00K | USD | 1 Quarter |
| Gain on sale of real estate |
GainsLossesOnSalesOfInvestmentRealEstate
|
$59.48M | USD | 1 Quarter |
| Gain on sale of real estate |
GainsLossesOnSalesOfInvestmentRealEstate
|
$39.03M | USD | 1 Quarter |
| Net unrealized loss (gain) on derivative financial instruments not designated as cash flow hedges |
UnrealizedGainLossOnDerivatives
|
$-48.00K | USD | 1 Quarter |
| Net unrealized loss (gain) on derivative financial instruments not designated as cash flow hedges |
UnrealizedGainLossOnDerivatives
|
$47.00K | USD | 1 Quarter |
| Losses on operating lease receivables |
ProvisionForDoubtfulAccounts
|
$1.57M | USD | 1 Quarter |
| Losses on operating lease receivables |
ProvisionForDoubtfulAccounts
|
$2.72M | USD | 1 Quarter |
| Return on capital from unconsolidated real estate ventures |
EquityMethodInvestmentDividendsOrDistributions
|
$532.00K | USD | 1 Quarter |
| Return on capital from unconsolidated real estate ventures |
EquityMethodInvestmentDividendsOrDistributions
|
$398.00K | USD | 1 Quarter |
| Other non-cash items |
OtherNoncashIncomeExpense
|
$116.00K | USD | 1 Quarter |
| Other non-cash items |
OtherNoncashIncomeExpense
|
$-519.00K | USD | 1 Quarter |
| Tenant and other receivables |
IncreaseDecreaseInAccountsAndNotesReceivable
|
$4.18M | USD | 1 Quarter |
| Tenant and other receivables |
IncreaseDecreaseInAccountsAndNotesReceivable
|
$4.21M | USD | 1 Quarter |
| Other assets, net |
IncreaseDecreaseInOtherOperatingAssets
|
$1.10M | USD | 1 Quarter |
| Other assets, net |
IncreaseDecreaseInOtherOperatingAssets
|
$-1.65M | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-5.97M | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-18.94M | USD | 1 Quarter |
| Other liabilities, net |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-7.87M | USD | 1 Quarter |
| Other liabilities, net |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-2.87M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$17.91M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$41.92M | USD | 1 Quarter |
| Development costs, construction in progress and real estate additions |
PaymentsToDevelopRealEstateAssets
|
$107.01M | USD | 1 Quarter |
| Development costs, construction in progress and real estate additions |
PaymentsToDevelopRealEstateAssets
|
$68.67M | USD | 1 Quarter |
| Deposits for real estate acquisitions |
PaymentsForDepositsOnRealEstateAcquisitions
|
$8.53M | USD | 1 Quarter |
| Proceeds from sale of real estate |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$154.49M | USD | 1 Quarter |
| Proceeds from sale of real estate |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$117.68M | USD | 1 Quarter |
| Distributions of capital from unconsolidated real estate ventures |
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
$6.55M | USD | 1 Quarter |
| Investments in unconsolidated real estate ventures |
PaymentsToAcquireRealEstateAndRealEstateJointVentures
|
$2.85M | USD | 1 Quarter |
| Investments in unconsolidated real estate ventures |
PaymentsToAcquireRealEstateAndRealEstateJointVentures
|
$3.56M | USD | 1 Quarter |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$43.92M | USD | 1 Quarter |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$44.19M | USD | 1 Quarter |
| Finance lease payments |
FinanceLeasePrincipalPayments
|
$2.64M | USD | 1 Quarter |
| Finance lease payments |
FinanceLeasePrincipalPayments
|
$33.00K | USD | 1 Quarter |
| Borrowings under mortgages payable |
ProceedsFromNotesPayable
|
$175.00M | USD | 1 Quarter |
| Borrowings under revolving credit facility |
ProceedsFromLinesOfCredit
|
$200.00M | USD | 1 Quarter |
| Repayments of mortgages payable |
RepaymentsOfNotesPayable
|
$2.22M | USD | 1 Quarter |
| Repayments of mortgages payable |
RepaymentsOfNotesPayable
|
$3.06M | USD | 1 Quarter |
| Repayments of revolving credit facility |
RepaymentsOfLinesOfCredit
|
$200.00M | USD | 1 Quarter |
| Debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$9.28M | USD | 1 Quarter |
| Common shares repurchased |
PaymentsForRepurchaseOfCommonStock
|
$41.18M | USD | 1 Quarter |
| Dividends paid to common shareholders |
PaymentsOfDividendsCommonStock
|
$39.30M | USD | 1 Quarter |
| Dividends paid to common shareholders |
PaymentsOfDividendsCommonStock
|
$30.18M | USD | 1 Quarter |
| Distributions to redeemable noncontrolling interests |
PaymentsOfDividendsMinorityInterest
|
$5.89M | USD | 1 Quarter |
| Distributions to redeemable noncontrolling interests |
PaymentsOfDividendsMinorityInterest
|
$3.83M | USD | 1 Quarter |
| Contributions from noncontrolling interests |
ProceedsFromMinorityShareholders
|
$124.00K | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-48.17M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$85.67M | USD | 1 Quarter |
| Net increase in cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$171.50M | USD | 1 Quarter |
| Net increase in cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$13.93M | USD | 1 Quarter |
| Cash and cash equivalents and restricted cash as of the beginning of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$142.52M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash as of the beginning of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$413.46M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash as of the beginning of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$399.53M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash as of the beginning of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$314.02M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash as of the end of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$142.52M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash as of the end of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$413.46M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash as of the end of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$399.53M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash as of the end of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$314.02M | USD | Point-in-time |
| Cash paid for interest (net of capitalized interest of $5,268 and $6,915 in 2020 and 2019) |
InterestPaidNet
|
$10.93M | USD | 1 Quarter |
| Cash paid for interest (net of capitalized interest of $5,268 and $6,915 in 2020 and 2019) |
InterestPaidNet
|
$15.49M | USD | 1 Quarter |
| Accrued capital expenditures included in accounts payable and accrued expenses |
CapitalExpendituresIncurredButNotYetPaid
|
$74.30M | USD | 1 Quarter |
| Accrued capital expenditures included in accounts payable and accrued expenses |
CapitalExpendituresIncurredButNotYetPaid
|
$76.42M | USD | 1 Quarter |
| Write-off of fully depreciated assets |
WriteOffOfFullyDepreciatedAssetsIncludingAssetImpairment
|
$7.11M | USD | 1 Quarter |
| Write-off of fully depreciated assets |
WriteOffOfFullyDepreciatedAssetsIncludingAssetImpairment
|
$18.48M | USD | 1 Quarter |
| Conversion of common limited partnership units to common shares |
ConversionOfStockAmountConverted1
|
$57.00M | USD | 1 Quarter |
| Conversion of common limited partnership units to common shares |
ConversionOfStockAmountConverted1
|
$31.13M | USD | 1 Quarter |
| Recognition (derecognition) of operating lease right-of-use assets |
RecognitionDerecognitionOfOperatingLeaseRightOfUseAssets
|
$-13.15M | USD | 1 Quarter |
| Recognition (derecognition) of operating lease right-of-use assets |
RecognitionDerecognitionOfOperatingLeaseRightOfUseAssets
|
$35.32M | USD | 1 Quarter |
| Recognition (derecognition) of liabilities related to operating lease right-of-use assets. |
RecognitionDerecognitionOfLiabilitiesRelatedToOperatingLeaseRightOfUseAssets
|
$-13.15M | USD | 1 Quarter |
| Recognition (derecognition) of liabilities related to operating lease right-of-use assets. |
RecognitionDerecognitionOfLiabilitiesRelatedToOperatingLeaseRightOfUseAssets
|
$37.92M | USD | 1 Quarter |
| Recognition of finance lease right-of-use assets |
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
$42.35M | USD | 1 Quarter |
| Recognition of liabilities related to finance lease right-of-use assets |
FinanceLeaseLiabilityObtainedInExchangeForRightOfUseAsset
|
$40.68M | USD | 1 Quarter |
| Cash paid for amounts included in the measurement of lease liabilities for operating leases |
OperatingLeasePayments
|
$1.40M | USD | 1 Quarter |
| Cash paid for amounts included in the measurement of lease liabilities for operating leases |
OperatingLeasePayments
|
$1.71M | USD | 1 Quarter |
Stockholders Equity
24 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance at beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.39B | USD | Point-in-time |
| Balance at beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.49B | USD | Point-in-time |
| Balance at beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.99B | USD | Point-in-time |
| Balance at beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.00B | USD | Point-in-time |
| Balance at beginning of period (in shares) |
CommonStockSharesOutstanding
|
134.15M | shares | Point-in-time |
| Balance at beginning of period (in shares) |
CommonStockSharesOutstanding
|
133.52M | shares | Point-in-time |
| Net income attributable to common shareholders and noncontrolling interests |
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
$42.92M | USD | 1 Quarter |
| Net income attributable to common shareholders and noncontrolling interests |
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
$24.86M | USD | 1 Quarter |
| Common shares repurchased |
StockRepurchasedDuringPeriodValue
|
$41.18M | USD | 1 Quarter |
| Common shares issued pursuant to Employee Share Purchase Plan |
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
$132.00K | USD | 1 Quarter |
| Conversion of common limited partnership units to common shares |
StockIssuedDuringPeriodValueConversionOfUnits
|
$31.13M | USD | 1 Quarter |
| Conversion of common limited partnership units to common shares |
StockIssuedDuringPeriodValueConversionOfUnits
|
$57.11M | USD | 1 Quarter |
| Contributions from (distributions to) noncontrolling interests |
MinorityInterestIncreaseDecreaseContributionsFromDistributionsToNoncontrollingInterestHolders
|
$161.00K | USD | 1 Quarter |
| Contributions from (distributions to) noncontrolling interests |
MinorityInterestIncreaseDecreaseContributionsFromDistributionsToNoncontrollingInterestHolders
|
$2.00K | USD | 1 Quarter |
| Redeemable noncontrolling interests redemption value adjustment and other comprehensive (income) loss allocation |
MinorityInterestChangeInRedemptionValue
|
$104.24M | USD | 1 Quarter |
| Redeemable noncontrolling interests redemption value adjustment and other comprehensive (income) loss allocation |
MinorityInterestChangeInRedemptionValue
|
$-60.83M | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTax
|
$-11.54M | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTax
|
$-32.77M | USD | 1 Quarter |
| Balance at end of period (in shares) |
CommonStockSharesOutstanding
|
134.15M | shares | Point-in-time |
| Balance at end of period (in shares) |
CommonStockSharesOutstanding
|
133.52M | shares | Point-in-time |
| Balance at end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.39B | USD | Point-in-time |
| Balance at end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.49B | USD | Point-in-time |
| Balance at end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.99B | USD | Point-in-time |
| Balance at end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.00B | USD | Point-in-time |
Comprehensive Income
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| NET INCOME |
ProfitLoss
|
$28.25M | USD | 1 Quarter |
| NET INCOME |
ProfitLoss
|
$48.17M | USD | 1 Quarter |
| Change in fair value of derivative financial instruments |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$-33.93M | USD | 1 Quarter |
| Change in fair value of derivative financial instruments |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$-10.70M | USD | 1 Quarter |
| Reclassification of net loss (income) on derivative financial instruments from accumulated other comprehensive loss into interest expense |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
$839.00K | USD | 1 Quarter |
| Reclassification of net loss (income) on derivative financial instruments from accumulated other comprehensive loss into interest expense |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
$-1.16M | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTax
|
$-11.54M | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTax
|
$-32.77M | USD | 1 Quarter |
| COMPREHENSIVE INCOME |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$15.40M | USD | 1 Quarter |
| COMPREHENSIVE INCOME |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$16.71M | USD | 1 Quarter |
| Net income attributable to redeemable noncontrolling interests |
ComprehensiveNetLossAttributableToRedeemableNoncontrollingInterest
|
$3.39M | USD | 1 Quarter |
| Net income attributable to redeemable noncontrolling interests |
ComprehensiveNetLossAttributableToRedeemableNoncontrollingInterest
|
$5.25M | USD | 1 Quarter |
| Other comprehensive loss attributable to redeemable noncontrolling interests |
ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest
|
$-1.38M | USD | 1 Quarter |
| Other comprehensive loss attributable to redeemable noncontrolling interests |
ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest
|
$-3.57M | USD | 1 Quarter |
| COMPREHENSIVE INCOME ATTRIBUTABLE TO JBG SMITH PROPERTIES |
ComprehensiveIncomeNetOfTax
|
$14.71M | USD | 1 Quarter |
| COMPREHENSIVE INCOME ATTRIBUTABLE TO JBG SMITH PROPERTIES |
ComprehensiveIncomeNetOfTax
|
$13.73M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.