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10-Q Filing

JBG SMITH PROPERTIES CIK: 1689796 Q1 2022
Filing Information
Form Type 10-Q
Accession Number 0001558370-22-006818
Period End Date 20220331
Filing Date 20220503
Fiscal Year 2022
Fiscal Period Q1
XBRL Instance jbgs-20220331x10q_htm.xml
Balance Sheet 85 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
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
Land and improvements LandAndLandImprovements $1.21B USD Point-in-time
Common shares, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Buildings and improvements InvestmentBuildingAndBuildingImprovements $3.97B 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, shares authorized CommonStockSharesAuthorized 500.00M shares Point-in-time
Construction in progress, including land DevelopmentInProcess $348.52M 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
Real estate, at cost RealEstateInvestmentPropertyAtCost $6.24B USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 127.38M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 124.25M shares Point-in-time
Real estate, at cost RealEstateInvestmentPropertyAtCost $5.53B USD Point-in-time
Less: accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $1.37B USD Point-in-time
Less: accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $1.22B USD Point-in-time
Common shares, shares outstanding CommonStockSharesOutstanding 127.38M shares Point-in-time
Common shares, shares outstanding CommonStockSharesOutstanding 124.25M shares Point-in-time
Real estate, net RealEstateInvestmentPropertyNet $4.87B USD Point-in-time
Real estate, net RealEstateInvestmentPropertyNet $4.31B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $208.71M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $264.36M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $189.14M USD Point-in-time
Restricted cash RestrictedCash $37.74M USD Point-in-time
Restricted cash RestrictedCash $39.84M USD Point-in-time
Restricted cash RestrictedCash $30.07M USD Point-in-time
Tenant and other receivables AccountsAndNotesReceivableNet $45.70M USD Point-in-time
Tenant and other receivables AccountsAndNotesReceivableNet $44.50M USD Point-in-time
Deferred rent receivable DeferredRentReceivablesNet $151.02M USD Point-in-time
Deferred rent receivable DeferredRentReceivablesNet $192.26M USD Point-in-time
Investments in unconsolidated real estate ventures RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures $462.88M USD Point-in-time
Investments in unconsolidated real estate ventures RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures $461.44M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $201.96M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $162.14M USD Point-in-time
Other assets, net OtherAssets $71.39M USD Point-in-time
Other assets, net OtherAssets $240.16M USD Point-in-time
Assets held for sale AssetsHeldForSaleNotPartOfDisposalGroup $891.75M 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 $6.32B USD Point-in-time
Mortgages payable, net SecuredDebt $1.61B USD Point-in-time
Mortgages payable, net SecuredDebt $1.78B USD Point-in-time
Revolving credit facility LineOfCredit $300.00M USD Point-in-time
Revolving credit facility LineOfCredit $300.00M USD Point-in-time
Unsecured term loans, net UnsecuredDebt $398.33M USD Point-in-time
Unsecured term loans, net UnsecuredDebt $398.66M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $106.14M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $108.44M USD Point-in-time
Other liabilities, net OtherLiabilities $342.56M USD Point-in-time
Other liabilities, net OtherLiabilities $106.93M USD Point-in-time
Liabilities related to assets held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation $368.01M USD Point-in-time
Total liabilities Liabilities $2.89B USD Point-in-time
Total liabilities Liabilities $2.93B USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCarryingAmount $552.93M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCarryingAmount $522.73M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCarryingAmount $530.75M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCarryingAmount $546.05M 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; 124,248 and 127,378 shares issued and outstanding as of March 31, 2022 and December 31, 2021 CommonStockValue $1.24M USD Point-in-time
Common shares, $0.01 par value - 500,000 shares authorized; 124,248 and 127,378 shares issued and outstanding as of March 31, 2022 and December 31, 2021 CommonStockValue $1.27M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $3.54B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $3.44B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-609.33M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-609.36M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-15.95M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $9.94M USD Point-in-time
Total shareholders' equity of JBG SMITH Properties StockholdersEquity $2.92B USD Point-in-time
Total shareholders' equity of JBG SMITH Properties StockholdersEquity $2.85B USD Point-in-time
Noncontrolling interests MinorityInterest $22.51M USD Point-in-time
Noncontrolling interests MinorityInterest $28.44M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.21B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.94B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.88B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.18B 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 $6.32B USD Point-in-time
Income Statement 52 line items
Line Item Tag Value Unit Period
Property rental OperatingLeaseLeaseIncome $131.60M USD 1 Quarter
Property rental OperatingLeaseLeaseIncome $122.24M USD 1 Quarter
Third-party real estate services, including reimbursements RevenuefromContractwithCustomerIncludingReimbursements $23.97M USD 1 Quarter
Third-party real estate services, including reimbursements RevenuefromContractwithCustomerIncludingReimbursements $38.11M USD 1 Quarter
Other revenue OtherIncome $6.40M USD 1 Quarter
Other revenue OtherIncome $4.94M USD 1 Quarter
Total revenue Revenues $161.97M USD 1 Quarter
Total revenue Revenues $165.29M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $58.06M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $64.73M USD 1 Quarter
Property operating DirectCostsOfLeasedAndRentedPropertyOrEquipment $34.73M USD 1 Quarter
Property operating DirectCostsOfLeasedAndRentedPropertyOrEquipment $40.64M USD 1 Quarter
Real estate taxes RealEstateTaxExpense $18.31M USD 1 Quarter
Real estate taxes RealEstateTaxExpense $18.19M USD 1 Quarter
Corporate and other OtherGeneralAndAdministrativeExpense $15.81M USD 1 Quarter
Corporate and other OtherGeneralAndAdministrativeExpense $12.47M USD 1 Quarter
Third-party real estate services ThirdPartyRealEstateServices $28.94M USD 1 Quarter
Third-party real estate services ThirdPartyRealEstateServices $27.05M USD 1 Quarter
Share-based compensation related to Formation Transaction and special equity awards AllocatedSharebasedCompensationExpenseFormationTransaction $4.95M USD 1 Quarter
Share-based compensation related to Formation Transaction and special equity awards AllocatedSharebasedCompensationExpenseFormationTransaction $2.24M USD 1 Quarter
Transaction and other costs Transactionandothercosts $3.69M USD 1 Quarter
Transaction and other costs Transactionandothercosts $899.00K USD 1 Quarter
Total expenses CostsAndExpenses $162.90M USD 1 Quarter
Total expenses CostsAndExpenses $167.81M USD 1 Quarter
Income (loss) from unconsolidated real estate ventures, net IncomeLossFromEquityMethodInvestments $-943.00K USD 1 Quarter
Income (loss) from unconsolidated real estate ventures, net IncomeLossFromEquityMethodInvestments $3.15M USD 1 Quarter
Interest and other income, net InvestmentIncomeNet $9.00K USD 1 Quarter
Interest and other income, net InvestmentIncomeNet $14.25M USD 1 Quarter
Interest expense InterestExpense $16.28M USD 1 Quarter
Interest expense InterestExpense $16.30M USD 1 Quarter
Loss on the sale of real estate GainsLossesOnSalesOfInvestmentRealEstate $-136.00K USD 1 Quarter
Loss on the extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-591.00K USD 1 Quarter
Total other income (expense) NonoperatingIncomeExpense $-17.23M USD 1 Quarter
Total other income (expense) NonoperatingIncomeExpense $386.00K USD 1 Quarter
LOSS BEFORE INCOME TAX (EXPENSE) BENEFIT IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-548.00K USD 1 Quarter
LOSS BEFORE INCOME TAX (EXPENSE) BENEFIT IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-19.75M USD 1 Quarter
Income tax (expense) benefit IncomeTaxExpenseBenefit $-471.00K USD 1 Quarter
Income tax (expense) benefit IncomeTaxExpenseBenefit $4.32M USD 1 Quarter
NET LOSS ProfitLoss $-24.07M USD 1 Quarter
NET LOSS ProfitLoss $-77.00K USD 1 Quarter
Net (income) loss attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $10.00K USD 1 Quarter
Net (income) loss attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-2.23M USD 1 Quarter
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-1.11M USD 1 Quarter
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-55.00K USD 1 Quarter
NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS NetIncomeLoss $-20.73M USD 1 Quarter
NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS NetIncomeLoss $-32.00K USD 1 Quarter
LOSS PER COMMON SHARE - BASIC EarningsPerShareBasic $-0.16 USD 1 Quarter
LOSS PER COMMON SHARE - DILUTED EarningsPerShareDiluted $-0.16 USD 1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC WeightedAverageNumberOfSharesOutstandingBasic 131.54M shares 1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC WeightedAverageNumberOfSharesOutstandingBasic 126.68M shares 1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - DILUTED WeightedAverageNumberOfDilutedSharesOutstanding 131.54M shares 1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - DILUTED WeightedAverageNumberOfDilutedSharesOutstanding 126.68M shares 1 Quarter
Cash Flow Statement 87 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $208.71M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $264.36M USD Point-in-time
Net loss ProfitLoss $-24.07M USD 1 Quarter
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $189.14M USD Point-in-time
Net loss ProfitLoss $-77.00K USD 1 Quarter
Restricted cash RestrictedCash $37.74M USD Point-in-time
Restricted cash RestrictedCash $39.84M USD Point-in-time
Restricted cash RestrictedCash $30.07M USD Point-in-time
Share-based compensation expense ShareBasedCompensation $13.24M USD 1 Quarter
Share-based compensation expense ShareBasedCompensation $12.90M USD 1 Quarter
Cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $248.55M 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
Cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $219.21M USD Point-in-time
Capitalized interest InterestPaidCapitalized $1.77M USD 1 Quarter
Capitalized interest InterestPaidCapitalized $1.71M USD 1 Quarter
Depreciation and amortization, including amortization of deferred financing costs DepreciationDepletionAndAmortization $59.16M USD 1 Quarter
Depreciation and amortization, including amortization of deferred financing costs DepreciationDepletionAndAmortization $65.75M USD 1 Quarter
Deferred rent StraightLineRent $3.71M USD 1 Quarter
Deferred rent StraightLineRent $6.59M USD 1 Quarter
(Income) loss from unconsolidated real estate ventures, net IncomeLossFromEquityMethodInvestments $-943.00K USD 1 Quarter
(Income) loss from unconsolidated real estate ventures, net IncomeLossFromEquityMethodInvestments $3.15M USD 1 Quarter
Amortization of market lease intangibles, net AmortizationOfAcquiredBelowMarketLeaseNetOfAcquiredAboveMarketLease $458.00K USD 1 Quarter
Amortization of market lease intangibles, net AmortizationOfAcquiredBelowMarketLeaseNetOfAcquiredAboveMarketLease $353.00K USD 1 Quarter
Amortization of lease incentives AmortizationOfLeaseIncentive $2.35M USD 1 Quarter
Amortization of lease incentives AmortizationOfLeaseIncentive $2.37M USD 1 Quarter
Loss on the sale of real estate GainsLossesOnSalesOfInvestmentRealEstate $-136.00K USD 1 Quarter
Loss on operating lease and other receivables ProvisionForDoubtfulAccounts $501.00K USD 1 Quarter
Loss on operating lease and other receivables ProvisionForDoubtfulAccounts $587.00K USD 1 Quarter
Income from investments, net DebtAndEquitySecuritiesGainLoss $14.07M USD 1 Quarter
Return on capital from unconsolidated real estate ventures EquityMethodInvestmentDividendsOrDistributions $2.88M USD 1 Quarter
Return on capital from unconsolidated real estate ventures EquityMethodInvestmentDividendsOrDistributions $5.95M USD 1 Quarter
Other non-cash items OtherNoncashIncomeExpense $633.00K USD 1 Quarter
Other non-cash items OtherNoncashIncomeExpense $3.10M USD 1 Quarter
Tenant and other receivables IncreaseDecreaseInAccountsAndNotesReceivable $1.79M USD 1 Quarter
Tenant and other receivables IncreaseDecreaseInAccountsAndNotesReceivable $-9.84M USD 1 Quarter
Other assets, net IncreaseDecreaseInOtherOperatingAssets $-2.12M USD 1 Quarter
Other assets, net IncreaseDecreaseInOtherOperatingAssets $1.37M USD 1 Quarter
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-4.58M USD 1 Quarter
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-842.00K USD 1 Quarter
Other liabilities, net IncreaseDecreaseInOtherOperatingLiabilities $-1.58M USD 1 Quarter
Other liabilities, net IncreaseDecreaseInOtherOperatingLiabilities $23.75M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $66.50M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $69.60M USD 1 Quarter
Development costs, construction in progress and real estate additions PaymentsToDevelopRealEstateAssetsConstructionInProgressAndRealEstateAdditions $52.69M USD 1 Quarter
Development costs, construction in progress and real estate additions PaymentsToDevelopRealEstateAssetsConstructionInProgressAndRealEstateAdditions $28.50M USD 1 Quarter
Proceeds from the sale of real estate ProceedsFromSaleOfRealEstateHeldforinvestment $3.15M USD 1 Quarter
Proceeds from the sale of investments ProceedsFromSaleOfOtherInvestments $17.80M USD 1 Quarter
Distributions of capital from unconsolidated real estate ventures ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $6.02M USD 1 Quarter
Investments in unconsolidated real estate ventures and other investments PaymentsToAcquireRealEstateAndRealEstateJointVentures $7.23M USD 1 Quarter
Investments in unconsolidated real estate ventures and other investments PaymentsToAcquireRealEstateAndRealEstateJointVentures $1.02M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-32.95M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-29.52M USD 1 Quarter
Repayments of mortgages payable RepaymentsOfNotesPayable $2.23M USD 1 Quarter
Repayments of mortgages payable RepaymentsOfNotesPayable $1.18M USD 1 Quarter
Debt issuance costs PaymentsOfDebtIssuanceCosts $4.59M USD 1 Quarter
Debt issuance costs PaymentsOfDebtIssuanceCosts $531.00K USD 1 Quarter
Common shares repurchased PaymentsForRepurchaseOfCommonStock $91.15M USD 1 Quarter
Common shares repurchased PaymentsForRepurchaseOfCommonStock $19.20M USD 1 Quarter
Dividends paid to common shareholders PaymentsOfDividendsCommonStock $28.66M USD 1 Quarter
Dividends paid to common shareholders PaymentsOfDividendsCommonStock $29.65M USD 1 Quarter
Distributions to redeemable noncontrolling interests PaymentsOfDividendsMinorityInterest $5.79M USD 1 Quarter
Distributions to redeemable noncontrolling interests PaymentsOfDividendsMinorityInterest $4.00M USD 1 Quarter
Contributions from noncontrolling interests ProceedsFromMinorityShareholders $6.00M USD 1 Quarter
Contributions from noncontrolling interests ProceedsFromMinorityShareholders $9.68M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-119.53M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-51.78M USD 1 Quarter
Net decrease in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-82.88M USD 1 Quarter
Net decrease in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-14.79M USD 1 Quarter
Cash and cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $248.55M 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, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $219.21M USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $248.55M 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 and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $219.21M USD Point-in-time
Cash paid for interest (net of capitalized interest of $1,771 and $1,710 in 2022 and 2021) InterestPaidNet $14.93M USD 1 Quarter
Cash paid for interest (net of capitalized interest of $1,771 and $1,710 in 2022 and 2021) InterestPaidNet $18.22M USD 1 Quarter
Accrued capital expenditures included in accounts payable and accrued expenses CapitalExpendituresIncurredButNotYetPaid $60.04M USD 1 Quarter
Accrued capital expenditures included in accounts payable and accrued expenses CapitalExpendituresIncurredButNotYetPaid $38.67M USD 1 Quarter
Write-off of fully depreciated assets WriteOffOfFullyDepreciatedAssetsIncludingAssetImpairment $39.92M USD 1 Quarter
Write-off of fully depreciated assets WriteOffOfFullyDepreciatedAssetsIncludingAssetImpairment $8.34M USD 1 Quarter
Conversion of OP Units to common shares ConversionOfStockAmountConverted1 $3.92M USD 1 Quarter
Conversion of OP Units to common shares ConversionOfStockAmountConverted1 $6.01M USD 1 Quarter
Cash paid for amounts included in the measurement of lease liabilities for operating leases OperatingLeasePayments $610.00K USD 1 Quarter
Cash paid for amounts included in the measurement of lease liabilities for operating leases OperatingLeasePayments $546.00K USD 1 Quarter
Stockholders Equity 26 line items
Line Item Tag Value Unit Period
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.21B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.94B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.88B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.18B 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 124.25M shares Point-in-time
Net loss attributable to common shareholders and noncontrolling interests NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-87.00K USD 1 Quarter
Net loss attributable to common shareholders and noncontrolling interests NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-21.84M USD 1 Quarter
Conversion of units to common shares StockIssuedDuringPeriodValueConversionOfUnits $6.01M USD 1 Quarter
Conversion of units to common shares StockIssuedDuringPeriodValueConversionOfUnits $3.92M USD 1 Quarter
Common shares repurchased StockRepurchasedDuringPeriodValue $19.20M USD 1 Quarter
Common shares repurchased StockRepurchasedDuringPeriodValue $93.15M USD 1 Quarter
Common shares issued pursuant to employee incentive compensation plan and ESPP StockIssuedDuringPeriodValueEmployeeIncentiveCompensationAndEmployeeStockPurchasePlan $249.00K USD 1 Quarter
Common shares issued pursuant to employee incentive compensation plan and ESPP StockIssuedDuringPeriodValueEmployeeIncentiveCompensationAndEmployeeStockPurchasePlan $286.00K USD 1 Quarter
Contributions from noncontrolling interests, net MinorityInterestIncreaseDecreaseFromContributionsDistributionsToNoncontrollingInterestHolders $9.67M USD 1 Quarter
Contributions from noncontrolling interests, net MinorityInterestIncreaseDecreaseFromContributionsDistributionsToNoncontrollingInterestHolders $5.99M USD 1 Quarter
Redeemable noncontrolling interests redemption value adjustment and other comprehensive income (loss) allocation MinorityInterestChangeInRedemptionValue $-11.27M USD 1 Quarter
Redeemable noncontrolling interests redemption value adjustment and other comprehensive income (loss) allocation MinorityInterestChangeInRedemptionValue $-12.31M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossBeforeTax $10.15M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossBeforeTax $28.85M USD 1 Quarter
Balance at end of period (in shares) CommonStockSharesOutstanding 127.38M shares Point-in-time
Balance at end of period (in shares) CommonStockSharesOutstanding 124.25M shares Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.21B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.94B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.88B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.18B USD Point-in-time
Comprehensive Income 18 line items
Line Item Tag Value Unit Period
NET LOSS ProfitLoss $-24.07M USD 1 Quarter
NET LOSS ProfitLoss $-77.00K USD 1 Quarter
Change in fair value of derivative financial instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $6.41M USD 1 Quarter
Change in fair value of derivative financial instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $25.09M USD 1 Quarter
Reclassification of net loss on derivative financial instruments from accumulated other comprehensive income (loss) into interest expense OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax $-3.76M USD 1 Quarter
Reclassification of net loss on derivative financial instruments from accumulated other comprehensive income (loss) into interest expense OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax $-3.74M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossBeforeTax $10.15M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossBeforeTax $28.85M USD 1 Quarter
COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-13.92M USD 1 Quarter
COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $28.77M USD 1 Quarter
Net (income) loss attributable to redeemable noncontrolling interests ComprehensiveNetLossAttributableToRedeemableNoncontrollingInterest $10.00K USD 1 Quarter
Net (income) loss attributable to redeemable noncontrolling interests ComprehensiveNetLossAttributableToRedeemableNoncontrollingInterest $-2.23M USD 1 Quarter
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-1.11M USD 1 Quarter
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-55.00K USD 1 Quarter
Other comprehensive income attributable to redeemable noncontrolling interests ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest $973.00K USD 1 Quarter
Other comprehensive income attributable to redeemable noncontrolling interests ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest $2.97M USD 1 Quarter
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO JBG SMITH PROPERTIES ComprehensiveIncomeNetOfTax $-11.55M USD 1 Quarter
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO JBG SMITH PROPERTIES ComprehensiveIncomeNetOfTax $25.85M USD 1 Quarter

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

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