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10-K Filing

JBG SMITH PROPERTIES CIK: 1689796 FY 2021
Filing Information
Form Type 10-K
Accession Number 0001558370-22-001602
Period End Date 20211231
Filing Date 20220222
Fiscal Year 2021
Fiscal Period FY
XBRL Instance jbgs-20211231x10k_htm.xml
Balance Sheet 80 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 200.00M shares Point-in-time
Preferred shares, shares authorized PreferredStockSharesAuthorized 200.00M shares Point-in-time
Land and improvements LandAndLandImprovements $1.39B USD Point-in-time
Preferred shares, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Land and improvements LandAndLandImprovements $1.38B USD Point-in-time
Preferred shares, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Buildings and improvements InvestmentBuildingAndBuildingImprovements $4.34B USD Point-in-time
Buildings and improvements InvestmentBuildingAndBuildingImprovements $4.51B USD Point-in-time
Common shares, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common shares, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Construction in progress, including land DevelopmentInProcess $344.65M 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 $268.06M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 127.38M shares Point-in-time
Real estate, at cost RealEstateInvestmentPropertyAtCost $6.24B USD Point-in-time
Real estate, at cost RealEstateInvestmentPropertyAtCost $6.00B USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 131.78M shares Point-in-time
Common shares, shares outstanding CommonStockSharesOutstanding 127.38M shares Point-in-time
Less: accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $1.23B USD Point-in-time
Common shares, shares outstanding CommonStockSharesOutstanding 131.78M shares Point-in-time
Less: accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $1.37B USD Point-in-time
Real estate, net RealEstateInvestmentPropertyNet $4.87B USD Point-in-time
Real estate, net RealEstateInvestmentPropertyNet $4.77B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $225.60M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $264.36M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $126.41M USD Point-in-time
Restricted cash RestrictedCash $16.10M USD Point-in-time
Restricted cash RestrictedCash $37.74M USD Point-in-time
Restricted cash RestrictedCash $37.74M USD Point-in-time
Tenant and other receivables AccountsAndNotesReceivableNet $55.90M USD Point-in-time
Tenant and other receivables AccountsAndNotesReceivableNet $44.50M USD Point-in-time
Deferred rent receivable DeferredRentReceivablesNet $192.26M USD Point-in-time
Deferred rent receivable DeferredRentReceivablesNet $170.55M USD Point-in-time
Investments in unconsolidated real estate ventures RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures $461.37M USD Point-in-time
Investments in unconsolidated real estate ventures RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures $462.88M USD Point-in-time
Other assets, net OtherAssets $286.57M USD Point-in-time
Other assets, net OtherAssets $442.12M USD Point-in-time
Assets held for sale AssetsHeldForSaleNotPartOfDisposalGroup $73.88M USD Point-in-time
Assets held for sale AssetsHeldForSaleNotPartOfDisposalGroup $73.88M USD Point-in-time
TOTAL ASSETS Assets $6.39B USD Point-in-time
TOTAL ASSETS Assets $6.08B USD Point-in-time
Mortgages payable, net SecuredDebt $1.59B USD Point-in-time
Mortgages payable, net SecuredDebt $1.78B USD Point-in-time
Revolving credit facility LineOfCredit $300.00M USD Point-in-time
Unsecured term loans, net UnsecuredDebt $397.98M USD Point-in-time
Unsecured term loans, net UnsecuredDebt $398.66M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $103.10M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $106.14M USD Point-in-time
Other liabilities, net OtherLiabilities $342.56M USD Point-in-time
Other liabilities, net OtherLiabilities $247.77M USD Point-in-time
Total liabilities Liabilities $2.93B USD Point-in-time
Total liabilities Liabilities $2.34B USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCarryingAmount $612.76M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCarryingAmount $522.73M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCarryingAmount $530.75M 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; 127,378 and 131,778 shares issued and outstanding as of December 31, 2021 and 2020 CommonStockValue $1.27M USD Point-in-time
Common shares, $0.01 par value - 500,000 shares authorized; 127,378 and 131,778 shares issued and outstanding as of December 31, 2021 and 2020 CommonStockValue $1.32M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $3.66B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $3.54B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-412.94M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-609.33M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-39.98M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-15.95M USD Point-in-time
Total shareholders' equity of JBG SMITH Properties StockholdersEquity $3.21B USD Point-in-time
Total shareholders' equity of JBG SMITH Properties StockholdersEquity $2.92B USD Point-in-time
Noncontrolling interests MinorityInterest $167.00K USD Point-in-time
Noncontrolling interests MinorityInterest $22.51M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.39B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.21B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.99B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.94B USD Point-in-time
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY LiabilitiesAndStockholdersEquity $6.39B USD Point-in-time
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY LiabilitiesAndStockholdersEquity $6.08B USD Point-in-time
Income Statement 83 line items
Line Item Tag Value Unit Period
Property rental OperatingLeaseLeaseIncome $458.96M USD Annual
Property rental OperatingLeaseLeaseIncome $499.59M USD Annual
Property rental OperatingLeaseLeaseIncome $493.27M USD Annual
Third-party real estate services, including reimbursements RevenuefromContractwithCustomerIncludingReimbursements $113.94M USD Annual
Third-party real estate services, including reimbursements RevenuefromContractwithCustomerIncludingReimbursements $114.00M USD Annual
Third-party real estate services, including reimbursements RevenuefromContractwithCustomerIncludingReimbursements $120.89M USD Annual
Other revenue OtherIncome $20.77M USD Annual
Other revenue OtherIncome $29.83M USD Annual
Other revenue OtherIncome $33.61M USD Annual
Total revenue Revenues $634.36M USD Annual
Total revenue Revenues $602.72M USD Annual
Total revenue Revenues $647.77M USD Annual
Depreciation and amortization DepreciationAndAmortization $221.76M USD Annual
Depreciation and amortization DepreciationAndAmortization $191.58M USD Annual
Depreciation and amortization DepreciationAndAmortization $236.30M USD Annual
Property operating DirectCostsOfLeasedAndRentedPropertyOrEquipment $145.62M USD Annual
Property operating DirectCostsOfLeasedAndRentedPropertyOrEquipment $137.62M USD Annual
Property operating DirectCostsOfLeasedAndRentedPropertyOrEquipment $150.64M USD Annual
Real estate taxes RealEstateTaxExpense $70.49M USD Annual
Real estate taxes RealEstateTaxExpense $70.96M USD Annual
Real estate taxes RealEstateTaxExpense $70.82M USD Annual
Corporate and other OtherGeneralAndAdministrativeExpense $46.63M USD Annual
Corporate and other OtherGeneralAndAdministrativeExpense $53.82M USD Annual
Corporate and other OtherGeneralAndAdministrativeExpense $46.82M USD Annual
Third-party real estate services ThirdPartyRealEstateServices $114.83M USD Annual
Third-party real estate services ThirdPartyRealEstateServices $107.16M USD Annual
Third-party real estate services ThirdPartyRealEstateServices $113.50M USD Annual
Share-based compensation related to Formation Transaction and special equity awards AllocatedSharebasedCompensationExpenseFormationTransaction $16.32M USD Annual
Share-based compensation related to Formation Transaction and special equity awards AllocatedSharebasedCompensationExpenseFormationTransaction $31.68M USD Annual
Share-based compensation related to Formation Transaction and special equity awards AllocatedSharebasedCompensationExpenseFormationTransaction $42.16M USD Annual
Transaction and other costs Transactionandothercosts $23.23M USD Annual
Transaction and other costs Transactionandothercosts $8.67M USD Annual
Transaction and other costs Transactionandothercosts $10.43M USD Annual
Total expenses CostsAndExpenses $645.50M USD Annual
Total expenses CostsAndExpenses $625.41M USD Annual
Total expenses CostsAndExpenses $640.15M USD Annual
Loss from unconsolidated real estate ventures, net IncomeLossFromEquityMethodInvestments $-2.07M USD Annual
Loss from unconsolidated real estate ventures, net IncomeLossFromEquityMethodInvestments $-20.34M USD Annual
Loss from unconsolidated real estate ventures, net IncomeLossFromEquityMethodInvestments $-1.40M USD Annual
Interest and other income (loss), net InvestmentIncomeNet $-625.00K USD Annual
Interest and other income (loss), net InvestmentIncomeNet $5.38M USD Annual
Interest and other income (loss), net InvestmentIncomeNet $8.84M USD Annual
Interest expense InterestExpense $67.96M USD Annual
Interest expense InterestExpense $62.32M USD Annual
Interest expense InterestExpense $52.70M USD Annual
Gain on sale of real estate GainsLossesOnSalesOfInvestmentRealEstate $59.48M USD Annual
Gain on sale of real estate GainsLossesOnSalesOfInvestmentRealEstate $11.29M USD Annual
Gain on sale of real estate GainsLossesOnSalesOfInvestmentRealEstate $104.99M USD Annual
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-62.00K USD Annual
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-5.80M USD Annual
Impairment loss AssetImpairmentCharges $25.14M USD Annual
Impairment loss AssetImpairmentCharges $10.23M USD Annual
Total other income (expense) NonoperatingIncomeExpense $50.48M USD Annual
Total other income (expense) NonoperatingIncomeExpense $-34.10M USD Annual
Total other income (expense) NonoperatingIncomeExpense $-75.05M USD Annual
INCOME (LOSS) BEFORE INCOME TAX (EXPENSE) BENEFIT IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-71.53M USD Annual
INCOME (LOSS) BEFORE INCOME TAX (EXPENSE) BENEFIT IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $72.84M USD Annual
INCOME (LOSS) BEFORE INCOME TAX (EXPENSE) BENEFIT IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-86.18M USD Annual
Income tax (expense) benefit IncomeTaxExpenseBenefit $-1.30M USD Annual
Income tax (expense) benefit IncomeTaxExpenseBenefit $3.54M USD Annual
Income tax (expense) benefit IncomeTaxExpenseBenefit $-4.26M USD Annual
NET INCOME (LOSS) ProfitLoss $-89.72M USD Annual
NET INCOME (LOSS) ProfitLoss $-67.26M USD Annual
NET INCOME (LOSS) ProfitLoss $74.14M USD Annual
Net (income) loss attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-8.73M USD Annual
Net (income) loss attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-4.96M USD Annual
Net (income) loss attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $8.57M USD Annual
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-1.74M USD Annual
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS NetIncomeLoss $-62.30M USD Annual
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS NetIncomeLoss $65.57M USD Annual
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS NetIncomeLoss $-79.26M USD Annual
EARNINGS (LOSS) PER COMMON SHARE - BASIC EarningsPerShareBasic $-0.63 USD Annual
EARNINGS (LOSS) PER COMMON SHARE - BASIC EarningsPerShareBasic $-0.49 USD Annual
EARNINGS (LOSS) PER COMMON SHARE - BASIC EarningsPerShareBasic $0.48 USD Annual
EARNINGS (LOSS) PER COMMON SHARE - DILUTED EarningsPerShareDiluted $-0.63 USD Annual
EARNINGS (LOSS) PER COMMON SHARE - DILUTED EarningsPerShareDiluted $-0.49 USD Annual
EARNINGS (LOSS) PER COMMON SHARE - DILUTED EarningsPerShareDiluted $0.48 USD Annual
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC WeightedAverageNumberOfSharesOutstandingBasic 133.45M shares Annual
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC WeightedAverageNumberOfSharesOutstandingBasic 130.84M shares Annual
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC WeightedAverageNumberOfSharesOutstandingBasic 130.69M shares Annual
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - DILUTED WeightedAverageNumberOfDilutedSharesOutstanding 130.69M shares Annual
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - DILUTED WeightedAverageNumberOfDilutedSharesOutstanding 130.84M shares Annual
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - DILUTED WeightedAverageNumberOfDilutedSharesOutstanding 133.45M shares Annual
Cash Flow Statement 173 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $-89.72M USD Annual
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $225.60M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $264.36M USD Point-in-time
Net income (loss) ProfitLoss $-67.26M USD Annual
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $126.41M USD Point-in-time
Net income (loss) ProfitLoss $74.14M USD Annual
Restricted cash RestrictedCash $16.10M USD Point-in-time
Restricted cash RestrictedCash $37.74M USD Point-in-time
Restricted cash RestrictedCash $37.74M USD Point-in-time
Share-based compensation expense ShareBasedCompensation $66.05M USD Annual
Cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $142.52M 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 $263.34M USD Point-in-time
Cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $302.10M USD Point-in-time
Share-based compensation expense ShareBasedCompensation $51.55M USD Annual
Share-based compensation expense ShareBasedCompensation $65.27M USD Annual
Depreciation and amortization, including amortization of deferred financing costs DepreciationDepletionAndAmortization $225.60M USD Annual
Capitalized interest InterestPaidCapitalized $13.19M USD Annual
Depreciation and amortization, including amortization of deferred financing costs DepreciationDepletionAndAmortization $240.45M USD Annual
Capitalized interest InterestPaidCapitalized $6.73M USD Annual
Capitalized interest InterestPaidCapitalized $29.81M USD Annual
Depreciation and amortization, including amortization of deferred financing costs DepreciationDepletionAndAmortization $195.79M USD Annual
Deferred rent StraightLineRent $20.08M USD Annual
Deferred rent StraightLineRent $39.17M USD Annual
Deferred rent StraightLineRent $21.96M USD Annual
Loss from unconsolidated real estate ventures, net IncomeLossFromEquityMethodInvestments $-2.07M USD Annual
Loss from unconsolidated real estate ventures, net IncomeLossFromEquityMethodInvestments $-20.34M USD Annual
Loss from unconsolidated real estate ventures, net IncomeLossFromEquityMethodInvestments $-1.40M USD Annual
Amortization of market lease intangibles, net AmortizationOfAcquiredBelowMarketLeaseNetOfAcquiredAboveMarketLease $791.00K USD Annual
Amortization of market lease intangibles, net AmortizationOfAcquiredBelowMarketLeaseNetOfAcquiredAboveMarketLease $442.00K USD Annual
Amortization of market lease intangibles, net AmortizationOfAcquiredBelowMarketLeaseNetOfAcquiredAboveMarketLease $1.19M USD Annual
Amortization of lease incentives AmortizationOfLeaseIncentive $6.60M USD Annual
Amortization of lease incentives AmortizationOfLeaseIncentive $6.34M USD Annual
Amortization of lease incentives AmortizationOfLeaseIncentive $7.97M USD Annual
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-62.00K USD Annual
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-5.80M USD Annual
Impairment loss AssetImpairmentCharges $25.14M USD Annual
Impairment loss AssetImpairmentCharges $10.23M USD Annual
Gain on sale of real estate GainsLossesOnSalesOfInvestmentRealEstate $59.48M USD Annual
Gain on sale of real estate GainsLossesOnSalesOfInvestmentRealEstate $11.29M USD Annual
Gain on sale of real estate GainsLossesOnSalesOfInvestmentRealEstate $104.99M USD Annual
Loss on operating lease and other receivables ProvisionForDoubtfulAccounts $25.80M USD Annual
Loss on operating lease and other receivables ProvisionForDoubtfulAccounts $2.60M USD Annual
Loss on operating lease and other receivables ProvisionForDoubtfulAccounts $1.56M USD Annual
Income from investment funds, net DebtAndEquitySecuritiesGainLoss $3.62M USD Annual
Return on capital from unconsolidated real estate ventures EquityMethodInvestmentDividendsOrDistributions $15.91M USD Annual
Return on capital from unconsolidated real estate ventures EquityMethodInvestmentDividendsOrDistributions $2.69M USD Annual
Return on capital from unconsolidated real estate ventures EquityMethodInvestmentDividendsOrDistributions $4.30M USD Annual
Other non-cash items OtherNoncashIncomeExpense $-4.33M USD Annual
Other non-cash items OtherNoncashIncomeExpense $-567.00K USD Annual
Other non-cash items OtherNoncashIncomeExpense $922.00K USD Annual
Impairment of corporate assets ImpairmentOfLongLivedAssetsHeldForUse $10.17M USD Annual
Tenant and other receivables IncreaseDecreaseInAccountsAndNotesReceivable $8.38M USD Annual
Tenant and other receivables IncreaseDecreaseInAccountsAndNotesReceivable $9.23M USD Annual
Tenant and other receivables IncreaseDecreaseInAccountsAndNotesReceivable $-8.81M USD Annual
Other assets, net IncreaseDecreaseInOtherOperatingAssets $11.07M USD Annual
Other assets, net IncreaseDecreaseInOtherOperatingAssets $9.18M USD Annual
Other assets, net IncreaseDecreaseInOtherOperatingAssets $12.78M USD Annual
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-7.68M USD Annual
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $591.00K USD Annual
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $8.70M USD Annual
Other liabilities, net IncreaseDecreaseInOtherOperatingLiabilities $-19.56M USD Annual
Other liabilities, net IncreaseDecreaseInOtherOperatingLiabilities $-4.10M USD Annual
Other liabilities, net IncreaseDecreaseInOtherOperatingLiabilities $-27.31M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $217.62M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $173.99M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $169.02M USD Annual
Development costs, construction in progress and real estate additions PaymentsToDevelopRealEstateAssetsConstructionInProgressAndRealEstateAdditions $307.50M USD Annual
Development costs, construction in progress and real estate additions PaymentsToDevelopRealEstateAssetsConstructionInProgressAndRealEstateAdditions $441.01M USD Annual
Development costs, construction in progress and real estate additions PaymentsToDevelopRealEstateAssetsConstructionInProgressAndRealEstateAdditions $173.18M USD Annual
Acquisition of real estate PaymentsToAcquireRealEstate $208.34M USD Annual
Acquisition of real estate PaymentsToAcquireRealEstate $45.69M USD Annual
Acquisition of real estate PaymentsToAcquireRealEstate $165.21M USD Annual
Deposits for real estate and other acquisitions PaymentsForDepositsOnRealEstateAndOtherAcquisitions $25.42M USD Annual
Deposits for real estate and other acquisitions PaymentsForDepositsOnRealEstateAndOtherAcquisitions $850.00K USD Annual
Proceeds from sale of real estate ProceedsFromSaleOfRealEstateHeldforinvestment $14.37M USD Annual
Proceeds from sale of real estate ProceedsFromSaleOfRealEstateHeldforinvestment $377.51M USD Annual
Proceeds from sale of real estate ProceedsFromSaleOfRealEstateHeldforinvestment $154.49M USD Annual
Distributions of capital from unconsolidated real estate ventures ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $71.06M USD Annual
Distributions of capital from unconsolidated real estate ventures ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $7.56M USD Annual
Distributions of capital from unconsolidated real estate ventures ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $40.19M USD Annual
Investments in unconsolidated real estate ventures and other PaymentsToAcquireRealEstateAndRealEstateJointVentures $41.78M USD Annual
Investments in unconsolidated real estate ventures and other PaymentsToAcquireRealEstateAndRealEstateJointVentures $14.64M USD Annual
Investments in unconsolidated real estate ventures and other PaymentsToAcquireRealEstateAndRealEstateJointVentures $18.67M USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-240.67M USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-368.74M USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-167.69M USD Annual
Borrowings under mortgages payable ProceedsFromNotesPayable $190.00M USD Annual
Borrowings under mortgages payable ProceedsFromNotesPayable $580.11M USD Annual
Borrowings under mortgages payable ProceedsFromNotesPayable $2.20M USD Annual
Borrowings under revolving credit facility ProceedsFromLinesOfCredit $300.00M USD Annual
Borrowings under revolving credit facility ProceedsFromLinesOfCredit $500.00M USD Annual
Borrowings under revolving credit facility ProceedsFromLinesOfCredit $200.00M USD Annual
Borrowings under unsecured term loans ProceedsFromIssuanceOfUnsecuredDebt $100.00M USD Annual
Repayments of mortgages payable RepaymentsOfNotesPayable $5.61M USD Annual
Repayments of mortgages payable RepaymentsOfNotesPayable $104.08M USD Annual
Repayments of mortgages payable RepaymentsOfNotesPayable $719.00M USD Annual
Repayments of revolving credit facility RepaymentsOfLinesOfCredit $700.00M USD Annual
Debt issuance costs PaymentsOfDebtIssuanceCosts $14.86M USD Annual
Debt issuance costs PaymentsOfDebtIssuanceCosts $515.00K USD Annual
Debt issuance costs PaymentsOfDebtIssuanceCosts $6.61M USD Annual
Finance lease payments FinanceLeasePrincipalPayments $137.00K USD Annual
Finance lease payments FinanceLeasePrincipalPayments $3.53M USD Annual
Finance lease payments FinanceLeasePrincipalPayments $19.97M USD Annual
Proceeds from the issuance of common stock, net of issuance costs ProceedsFromIssuanceOfCommonStock $472.80M USD Point-in-time
Proceeds from the issuance of common stock, net of issuance costs ProceedsFromIssuanceOfCommonStock $472.78M USD Annual
Proceeds from common shares issued pursuant to ESPP ProceedsFromStockPlans $1.59M USD Annual
Proceeds from common shares issued pursuant to ESPP ProceedsFromStockPlans $1.46M USD Annual
Proceeds from common shares issued pursuant to ESPP ProceedsFromStockPlans $1.72M USD Annual
Common shares repurchased PaymentsForRepurchaseOfCommonStock $157.69M USD Annual
Common shares repurchased PaymentsForRepurchaseOfCommonStock $104.77M USD Annual
Dividends paid to common shareholders PaymentsOfDividendsCommonStock $118.11M USD Annual
Dividends paid to common shareholders PaymentsOfDividendsCommonStock $129.83M USD Annual
Dividends paid to common shareholders PaymentsOfDividendsCommonStock $120.01M USD Annual
Distributions to redeemable noncontrolling interests PaymentsOfDividendsMinorityInterest $17.39M USD Annual
Distributions to redeemable noncontrolling interests PaymentsOfDividendsMinorityInterest $17.80M USD Annual
Distributions to redeemable noncontrolling interests PaymentsOfDividendsMinorityInterest $15.03M USD Annual
Distributions to noncontrolling interests PaymentsToMinorityShareholders $95.00K USD Annual
Distributions to noncontrolling interests PaymentsToMinorityShareholders $46.00K USD Annual
Distributions to noncontrolling interests PaymentsToMinorityShareholders $46.00K USD Annual
Contributions from noncontrolling interests ProceedsFromMinorityShareholders $24.13M USD Annual
Contributions from noncontrolling interests ProceedsFromMinorityShareholders $207.00K USD Annual
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $119.49M USD Annual
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-190.33M USD Annual
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $189.88M USD Annual
Net increase (decrease) in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $120.82M USD Annual
Net increase (decrease) in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-257.02M USD Annual
Net increase (decrease) in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $38.76M USD Annual
Cash and cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $142.52M USD Point-in-time
Cash and cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $399.53M USD Point-in-time
Cash and cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $263.34M USD Point-in-time
Cash and cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $302.10M USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $142.52M USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $399.53M USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $263.34M USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $302.10M USD Point-in-time
Cash paid for interest (net of capitalized interest of $6,734, $13,189 and $29,806 in 2021, 2020 and 2019) InterestPaidNet $61.93M USD Annual
Cash paid for interest (net of capitalized interest of $6,734, $13,189 and $29,806 in 2021, 2020 and 2019) InterestPaidNet $49.44M USD Annual
Cash paid for interest (net of capitalized interest of $6,734, $13,189 and $29,806 in 2021, 2020 and 2019) InterestPaidNet $56.96M USD Annual
Accrued capital expenditures included in accounts payable and accrued expenses CapitalExpendituresIncurredButNotYetPaid $43.29M USD Annual
Accrued capital expenditures included in accounts payable and accrued expenses CapitalExpendituresIncurredButNotYetPaid $43.19M USD Annual
Accrued capital expenditures included in accounts payable and accrued expenses CapitalExpendituresIncurredButNotYetPaid $84.08M USD Annual
Write-off of fully depreciated assets WriteOffOfFullyDepreciatedAssetsIncludingAssetImpairment $30.80M USD Annual
Write-off of fully depreciated assets WriteOffOfFullyDepreciatedAssetsIncludingAssetImpairment $61.12M USD Annual
Write-off of fully depreciated assets WriteOffOfFullyDepreciatedAssetsIncludingAssetImpairment $66.53M USD Annual
Cash (paid) received for income taxes IncomeTaxesPaidNet $1.19M USD Annual
Cash (paid) received for income taxes IncomeTaxesPaidNet $-815.00K USD Annual
Cash (paid) received for income taxes IncomeTaxesPaidNet $282.00K USD Annual
Deconsolidation of real estate asset DeconsolidationOfProperties $181.81M USD Annual
Deconsolidation of real estate asset DeconsolidationOfProperties $26.48M USD Annual
Accrued dividends to common shareholders DividendsPayableCommonShareholders $30.18M USD Point-in-time
Accrued dividends to common shareholders DividendsPayableCommonShareholders $29.65M USD Point-in-time
Accrued dividends to common shareholders DividendsPayableCommonShareholders $28.66M USD Point-in-time
Accrued distributions to redeemable noncontrolling interests DividendsPayableRedeemableNoncontrollingInterest $3.94M USD Point-in-time
Accrued distributions to redeemable noncontrolling interests DividendsPayableRedeemableNoncontrollingInterest $3.83M USD Point-in-time
Accrued distributions to redeemable noncontrolling interests DividendsPayableRedeemableNoncontrollingInterest $4.42M USD Point-in-time
Conversion of common limited partnership units to common shares ConversionOfStockAmountConverted1 $57.32M USD Annual
Conversion of common limited partnership units to common shares ConversionOfStockAmountConverted1 $47.52M USD Annual
Conversion of common limited partnership units to common shares ConversionOfStockAmountConverted1 $29.63M USD Annual
Recognition (derecognition) of operating lease right-of-use assets RecognitionDerecognitionOfOperatingLeaseRightOfUseAssets $-13.15M USD Annual
Recognition (derecognition) of operating lease right-of-use assets RecognitionDerecognitionOfOperatingLeaseRightOfUseAssets $-1.60M USD Annual
Recognition (derecognition) of operating lease right-of-use assets RecognitionDerecognitionOfOperatingLeaseRightOfUseAssets $35.32M USD Annual
Recognition (derecognition) of liabilities related to operating lease right-of-use assets RecognitionDerecognitionOfLiabilitiesRelatedToOperatingLeaseRightOfUseAssets $-13.15M USD Annual
Recognition (derecognition) of liabilities related to operating lease right-of-use assets RecognitionDerecognitionOfLiabilitiesRelatedToOperatingLeaseRightOfUseAssets $37.92M USD Annual
Recognition (derecognition) of liabilities related to operating lease right-of-use assets RecognitionDerecognitionOfLiabilitiesRelatedToOperatingLeaseRightOfUseAssets $-1.59M USD Annual
Recognition of finance lease right-of-use assets RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability $139.51M USD Annual
Recognition of finance lease right-of-use assets RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability $42.35M USD Annual
Recognition of liabilities related to finance lease right-of-use assets FinanceLeaseLiabilityObtainedInExchangeForRightOfUseAsset $40.68M USD Annual
Recognition of liabilities related to finance lease right-of-use assets FinanceLeaseLiabilityObtainedInExchangeForRightOfUseAsset $141.57M USD Annual
Cash paid for amounts included in the measurement of lease liabilities for operating leases PaymentsForAmountsIncludedInMeasurementOfOperatingLeaseLiabilities $5.20M USD Point-in-time
Cash paid for amounts included in the measurement of lease liabilities for operating leases PaymentsForAmountsIncludedInMeasurementOfOperatingLeaseLiabilities $6.20M USD Point-in-time
Cash paid for amounts included in the measurement of lease liabilities for operating leases PaymentsForAmountsIncludedInMeasurementOfOperatingLeaseLiabilities $2.29M USD Point-in-time
Deferred purchase price related to acquisition DeferredPurchasePriceOnAcquisition $19.48M USD Annual
Stockholders Equity 40 line items
Line Item Tag Value Unit Period
Dividends cash declared CommonStockDividendsPerShareDeclared $0.90 USD Annual
Dividends cash declared CommonStockDividendsPerShareDeclared $0.90 USD Annual
Dividends cash declared CommonStockDividendsPerShareDeclared $0.90 USD Annual
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.39B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.21B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.99B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.94B USD Point-in-time
Balance at beginning of period (in shares) CommonStockSharesOutstanding 127.38M shares Point-in-time
Balance at beginning of period (in shares) CommonStockSharesOutstanding 131.78M shares Point-in-time
Net income (loss) attributable to common shareholders and noncontrolling interests NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-62.30M USD Annual
Net income (loss) attributable to common shareholders and noncontrolling interests NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $65.57M USD Annual
Net income (loss) attributable to common shareholders and noncontrolling interests NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-81.00M USD Annual
Common shares issued StockIssuedDuringPeriodValueNewIssues $472.78M USD Annual
Common shares issued (in shares) StockIssuedDuringPeriodSharesNewIssues 11.50M shares Point-in-time
Conversion of common limited partnership units to common shares StockIssuedDuringPeriodValueConversionOfUnits $57.32M USD Annual
Conversion of common limited partnership units to common shares StockIssuedDuringPeriodValueConversionOfUnits $47.52M USD Annual
Conversion of common limited partnership units to common shares StockIssuedDuringPeriodValueConversionOfUnits $29.63M USD Annual
Common shares repurchased StockRepurchasedDuringPeriodValue $157.69M USD Annual
Common shares repurchased StockRepurchasedDuringPeriodValue $104.77M USD Annual
Common shares issued pursuant to employee incentive compensation plan and ESPP StockIssuedDuringPeriodValueEmployeeIncentiveCompensationAndEmployeeStockPurchasePlan $2.43M USD Annual
Common shares issued pursuant to Employee Share Purchase Plan ("ESPP") StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $2.24M USD Annual
Common shares issued pursuant to Employee Share Purchase Plan ("ESPP") StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $1.80M USD Annual
Dividends declared on common shares Dividends $117.13M USD Annual
Dividends declared on common shares Dividends $120.72M USD Annual
Dividends declared on common shares Dividends $119.48M USD Annual
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $34.00K USD Annual
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $3.00K USD Annual
Contributions from noncontrolling interests, net MinorityInterestIncreaseDecreaseFromContributionsDistributionsToNoncontrollingInterestHolders $24.08M USD Annual
Redeemable noncontrolling interests redemption value adjustment and other comprehensive loss allocation MinorityInterestChangeInRedemptionValueAndOtherComprehensiveLossAllocation $82.58M USD Annual
Redeemable noncontrolling interests redemption value adjustment and other comprehensive loss allocation MinorityInterestChangeInRedemptionValueAndOtherComprehensiveLossAllocation $-51.40M USD Annual
Redeemable noncontrolling interests redemption value adjustment and other comprehensive loss allocation MinorityInterestChangeInRedemptionValueAndOtherComprehensiveLossAllocation $5.18M USD Annual
Other comprehensive income (loss) OtherComprehensiveIncomeLossBeforeTax $-26.23M USD Annual
Other comprehensive income (loss) OtherComprehensiveIncomeLossBeforeTax $26.70M USD Annual
Other comprehensive income (loss) OtherComprehensiveIncomeLossBeforeTax $-26.03M USD Annual
Balance at end of period (in shares) CommonStockSharesOutstanding 127.38M shares Point-in-time
Balance at end of period (in shares) CommonStockSharesOutstanding 131.78M shares Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.39B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.21B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.99B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.94B USD Point-in-time
Comprehensive Income 25 line items
Line Item Tag Value Unit Period
NET INCOME (LOSS) ProfitLoss $-89.72M USD Annual
NET INCOME (LOSS) ProfitLoss $-67.26M USD Annual
NET INCOME (LOSS) ProfitLoss $74.14M USD Annual
Change in fair value of derivative financial instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $-38.14M USD Annual
Change in fair value of derivative financial instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $-27.72M USD Annual
Change in fair value of derivative financial instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $11.33M USD Annual
Reclassification of net loss on derivative financial instruments from accumulated other comprehensive loss into interest expense OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax $-11.91M USD Annual
Reclassification of net loss on derivative financial instruments from accumulated other comprehensive loss into interest expense OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax $-1.69M USD Annual
Reclassification of net loss on derivative financial instruments from accumulated other comprehensive loss into interest expense OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax $-15.38M USD Annual
Other comprehensive income (loss) OtherComprehensiveIncomeLossBeforeTax $-26.23M USD Annual
Other comprehensive income (loss) OtherComprehensiveIncomeLossBeforeTax $26.70M USD Annual
Other comprehensive income (loss) OtherComprehensiveIncomeLossBeforeTax $-26.03M USD Annual
COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $48.12M USD Annual
COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-63.02M USD Annual
COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-93.49M USD Annual
Net (income) loss attributable to redeemable noncontrolling interests ComprehensiveNetLossAttributableToRedeemableNoncontrollingInterest $-8.73M USD Annual
Net (income) loss attributable to redeemable noncontrolling interests ComprehensiveNetLossAttributableToRedeemableNoncontrollingInterest $-4.96M USD Annual
Net (income) loss attributable to redeemable noncontrolling interests ComprehensiveNetLossAttributableToRedeemableNoncontrollingInterest $8.57M USD Annual
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-1.74M USD Annual
Other comprehensive (income) loss attributable to redeemable noncontrolling interests ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest $-2.58M USD Annual
Other comprehensive (income) loss attributable to redeemable noncontrolling interests ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest $-2.99M USD Annual
Other comprehensive (income) loss attributable to redeemable noncontrolling interests ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest $2.67M USD Annual
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO JBG SMITH PROPERTIES ComprehensiveIncomeNetOfTax $42.13M USD Annual
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO JBG SMITH PROPERTIES ComprehensiveIncomeNetOfTax $-85.54M USD Annual
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO JBG SMITH PROPERTIES ComprehensiveIncomeNetOfTax $-55.23M USD Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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