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10-K Filing

JBG SMITH PROPERTIES CIK: 1689796 FY 2023
Filing Information
Form Type 10-K
Accession Number 0001558370-24-001366
Period End Date 20231231
Filing Date 20240220
Fiscal Year 2023
Fiscal Period FY
XBRL Instance jbgs-20231231x10k_htm.xml
Balance Sheet 82 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 $1.19B USD Point-in-time
Preferred shares, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Land and improvements LandAndLandImprovements $1.30B USD Point-in-time
Preferred shares, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Buildings and improvements InvestmentBuildingAndBuildingImprovements $4.31B 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
Buildings and improvements InvestmentBuildingAndBuildingImprovements $4.02B USD Point-in-time
Construction in progress, including land DevelopmentInProcess $544.69M USD Point-in-time
Common shares, shares authorized CommonStockSharesAuthorized 500.00M shares Point-in-time
Construction in progress, including land DevelopmentInProcess $659.10M USD Point-in-time
Common shares, shares authorized CommonStockSharesAuthorized 500.00M shares Point-in-time
Real estate, at cost RealEstateInvestmentPropertyAtCost $6.16B USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 114.01M shares Point-in-time
Real estate, at cost RealEstateInvestmentPropertyAtCost $5.88B USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 94.31M shares Point-in-time
Less: accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $1.34B USD Point-in-time
Common shares, shares outstanding CommonStockSharesOutstanding 94.31M shares Point-in-time
Less: accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $1.33B USD Point-in-time
Common shares, shares outstanding CommonStockSharesOutstanding 114.01M shares Point-in-time
Real estate, net RealEstateInvestmentPropertyNet $4.82B USD Point-in-time
Real estate, net RealEstateInvestmentPropertyNet $4.54B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $164.77M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $241.10M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $264.36M USD Point-in-time
Restricted cash RestrictedCash $35.67M USD Point-in-time
Restricted cash RestrictedCash $37.74M USD Point-in-time
Restricted cash RestrictedCash $32.98M USD Point-in-time
Tenant and other receivables AccountsAndNotesReceivableNet $44.23M USD Point-in-time
Tenant and other receivables AccountsAndNotesReceivableNet $56.30M USD Point-in-time
Deferred rent receivable DeferredRentReceivablesNet $171.23M USD Point-in-time
Deferred rent receivable DeferredRentReceivablesNet $170.82M USD Point-in-time
Investments in unconsolidated real estate ventures RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures $264.28M USD Point-in-time
Investments in unconsolidated real estate ventures RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures $299.88M USD Point-in-time
Deferred leasing costs, net DeferredCostsLeasingNet $94.07M USD Point-in-time
Deferred leasing costs, net DeferredCostsLeasingNet $81.48M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $56.62M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $68.18M USD Point-in-time
Other assets, net OtherAssets $163.48M USD Point-in-time
Other assets, net OtherAssets $117.03M USD Point-in-time
TOTAL ASSETS Assets $5.90B USD Point-in-time
TOTAL ASSETS Assets $5.52B USD Point-in-time
Mortgage loans, net SecuredDebt $1.78B USD Point-in-time
Mortgage loans, net SecuredDebt $1.89B USD Point-in-time
Revolving credit facility LineOfCredit $62.00M USD Point-in-time
Term loans, net UnsecuredDebt $547.07M USD Point-in-time
Term loans, net UnsecuredDebt $717.17M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $124.87M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $138.06M USD Point-in-time
Other liabilities, net OtherLiabilities $132.71M USD Point-in-time
Other liabilities, net OtherLiabilities $138.87M USD Point-in-time
Total liabilities Liabilities $2.83B USD Point-in-time
Total liabilities Liabilities $2.71B USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCarryingAmount $440.74M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCarryingAmount $481.31M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCarryingAmount $522.73M 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; 94,309 and 114,013 shares issued and outstanding as of December 31, 2023 and 2022 CommonStockValue $944.00K USD Point-in-time
Common shares, $0.01 par value - 500,000 shares authorized; 94,309 and 114,013 shares issued and outstanding as of December 31, 2023 and 2022 CommonStockValue $1.14M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $3.26B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $2.98B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-628.64M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-776.96M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $20.04M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $45.64M USD Point-in-time
Total shareholders' equity of JBG SMITH Properties StockholdersEquity $2.22B USD Point-in-time
Total shareholders' equity of JBG SMITH Properties StockholdersEquity $2.68B USD Point-in-time
Noncontrolling interests MinorityInterest $28.97M USD Point-in-time
Noncontrolling interests MinorityInterest $32.23M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.71B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.94B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.25B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.21B USD Point-in-time
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY LiabilitiesAndStockholdersEquity $5.90B USD Point-in-time
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY LiabilitiesAndStockholdersEquity $5.52B USD Point-in-time
Income Statement 85 line items
Line Item Tag Value Unit Period
Property rental OperatingLeaseLeaseIncome $483.16M USD Annual
Property rental OperatingLeaseLeaseIncome $499.59M USD Annual
Property rental OperatingLeaseLeaseIncome $491.74M USD Annual
Third-party real estate services, including reimbursements RevenuefromContractwithCustomerIncludingReimbursements $92.05M USD Annual
Third-party real estate services, including reimbursements RevenuefromContractwithCustomerIncludingReimbursements $89.02M USD Annual
Third-party real estate services, including reimbursements RevenuefromContractwithCustomerIncludingReimbursements $114.00M USD Annual
Other revenue OtherIncome $20.77M USD Annual
Other revenue OtherIncome $25.06M USD Annual
Other revenue OtherIncome $28.99M USD Annual
Total revenue Revenues $634.36M USD Annual
Total revenue Revenues $605.82M USD Annual
Total revenue Revenues $604.20M USD Annual
Depreciation and amortization DepreciationAndAmortization $210.19M USD Annual
Depreciation and amortization DepreciationAndAmortization $236.30M USD Annual
Depreciation and amortization DepreciationAndAmortization $213.77M USD Annual
Property operating DirectCostsOfLeasedAndRentedPropertyOrEquipment $150.64M USD Annual
Property operating DirectCostsOfLeasedAndRentedPropertyOrEquipment $144.05M USD Annual
Property operating DirectCostsOfLeasedAndRentedPropertyOrEquipment $150.00M USD Annual
Real estate taxes RealEstateTaxExpense $70.82M USD Annual
Real estate taxes RealEstateTaxExpense $57.67M USD Annual
Real estate taxes RealEstateTaxExpense $62.17M USD Annual
Corporate and other OtherGeneralAndAdministrativeExpense $53.82M USD Annual
Corporate and other OtherGeneralAndAdministrativeExpense $54.84M USD Annual
Corporate and other OtherGeneralAndAdministrativeExpense $58.28M USD Annual
Third-party real estate services ThirdPartyRealEstateServices $107.16M USD Annual
Third-party real estate services ThirdPartyRealEstateServices $94.53M USD Annual
Third-party real estate services ThirdPartyRealEstateServices $88.95M 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 $549.00K USD Annual
Share-based compensation related to Formation Transaction and special equity awards AllocatedSharebasedCompensationExpenseFormationTransaction $5.39M USD Annual
Transaction and other costs TransactionAndOtherCosts $10.43M USD Annual
Transaction and other costs TransactionAndOtherCosts $5.51M USD Annual
Transaction and other costs TransactionAndOtherCosts $8.74M USD Annual
Total expenses CostsAndExpenses $645.50M USD Annual
Total expenses CostsAndExpenses $589.65M USD Annual
Total expenses CostsAndExpenses $564.98M USD Annual
Loss from unconsolidated real estate ventures, net IncomeLossFromEquityMethodInvestments $-27.00M USD Annual
Loss from unconsolidated real estate ventures, net IncomeLossFromEquityMethodInvestments $-17.43M USD Annual
Loss from unconsolidated real estate ventures, net IncomeLossFromEquityMethodInvestments $-2.07M USD Annual
Interest and other income, net InvestmentIncomeNet $18.62M USD Annual
Interest and other income, net InvestmentIncomeNet $8.84M USD Annual
Interest and other income, net InvestmentIncomeNet $15.78M USD Annual
Interest expense InterestExpense $108.66M USD Annual
Interest expense InterestExpense $67.96M USD Annual
Interest expense InterestExpense $75.93M USD Annual
Gain on the sale of real estate, net GainsLossesOnSalesOfInvestmentRealEstate $161.89M USD Annual
Gain on the sale of real estate, net GainsLossesOnSalesOfInvestmentRealEstate $79.33M USD Annual
Gain on the sale of real estate, net GainsLossesOnSalesOfInvestmentRealEstate $11.29M USD Annual
Loss on the extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-450.00K USD Annual
Loss on the extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-3.07M USD Annual
Impairment loss AssetImpairmentCharges $90.23M USD Annual
Impairment loss AssetImpairmentCharges $25.14M USD Annual
Total other income (expense) NonoperatingIncomeExpense $84.08M USD Annual
Total other income (expense) NonoperatingIncomeExpense $-131.22M USD Annual
Total other income (expense) NonoperatingIncomeExpense $-75.05M USD Annual
INCOME (LOSS) BEFORE INCOME TAX (EXPENSE) BENEFIT IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-86.18M USD Annual
INCOME (LOSS) BEFORE INCOME TAX (EXPENSE) BENEFIT IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-92.00M USD Annual
INCOME (LOSS) BEFORE INCOME TAX (EXPENSE) BENEFIT IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $100.25M USD Annual
Income tax (expense) benefit IncomeTaxExpenseBenefit $3.54M USD Annual
Income tax (expense) benefit IncomeTaxExpenseBenefit $1.26M USD Annual
Income tax (expense) benefit IncomeTaxExpenseBenefit $-296.00K USD Annual
NET INCOME (LOSS) ProfitLoss $-89.72M USD Annual
NET INCOME (LOSS) ProfitLoss $98.99M USD Annual
NET INCOME (LOSS) ProfitLoss $-91.71M USD Annual
Net (income) loss attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-8.73M USD Annual
Net (income) loss attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-10.60M USD Annual
Net (income) loss attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $13.24M USD Annual
Net (income) loss attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-1.14M USD Annual
Net (income) loss attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-1.74M USD Annual
Net (income) loss attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $371.00K USD Annual
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS NetIncomeLoss $85.37M USD Annual
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS NetIncomeLoss $-79.98M USD Annual
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS NetIncomeLoss $-79.26M USD Annual
EARNINGS (LOSS) PER COMMON SHARE - BASIC EarningsPerShareBasic $-0.78 USD Annual
EARNINGS (LOSS) PER COMMON SHARE - BASIC EarningsPerShareBasic $0.70 USD Annual
EARNINGS (LOSS) PER COMMON SHARE - BASIC EarningsPerShareBasic $-0.63 USD Annual
EARNINGS (LOSS) PER COMMON SHARE - DILUTED EarningsPerShareDiluted $-0.63 USD Annual
EARNINGS (LOSS) PER COMMON SHARE - DILUTED EarningsPerShareDiluted $-0.78 USD Annual
EARNINGS (LOSS) PER COMMON SHARE - DILUTED EarningsPerShareDiluted $0.70 USD Annual
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC WeightedAverageNumberOfSharesOutstandingBasic 105.09M shares Annual
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC WeightedAverageNumberOfSharesOutstandingBasic 130.84M shares Annual
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC WeightedAverageNumberOfSharesOutstandingBasic 119.00M shares Annual
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - DILUTED WeightedAverageNumberOfDilutedSharesOutstanding 105.09M shares Annual
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - DILUTED WeightedAverageNumberOfDilutedSharesOutstanding 119.00M shares Annual
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - DILUTED WeightedAverageNumberOfDilutedSharesOutstanding 130.84M shares Annual
Cash Flow Statement 172 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $-89.72M USD Annual
Net income (loss) ProfitLoss $98.99M USD Annual
Net income (loss) ProfitLoss $-91.71M USD Annual
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $164.77M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $241.10M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $264.36M USD Point-in-time
Restricted cash RestrictedCash $35.67M USD Point-in-time
Restricted cash RestrictedCash $37.74M USD Point-in-time
Restricted cash RestrictedCash $32.98M USD Point-in-time
Share-based compensation expense ShareBasedCompensation $51.55M USD Annual
Share-based compensation expense ShareBasedCompensation $41.27M USD Annual
Cash and cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $263.34M USD Point-in-time
Share-based compensation expense ShareBasedCompensation $32.10M USD Annual
Cash and cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $302.10M USD Point-in-time
Cash and cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $274.07M USD Point-in-time
Cash and cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $200.44M USD Point-in-time
Depreciation and amortization expense, including amortization of deferred financing costs DepreciationDepletionAndAmortization $240.45M USD Annual
Depreciation and amortization expense, including amortization of deferred financing costs DepreciationDepletionAndAmortization $217.84M USD Annual
Depreciation and amortization expense, including amortization of deferred financing costs DepreciationDepletionAndAmortization $215.63M USD Annual
Capitalized interest InterestPaidCapitalized $17.36M USD Annual
Capitalized interest InterestPaidCapitalized $6.73M USD Annual
Capitalized interest InterestPaidCapitalized $10.89M USD Annual
Deferred rent StraightLineRent $23.60M USD Annual
Deferred rent StraightLineRent $21.96M USD Annual
Deferred rent StraightLineRent $20.66M USD Annual
Loss from unconsolidated real estate ventures, net IncomeLossFromEquityMethodInvestments $-27.00M USD Annual
Loss from unconsolidated real estate ventures, net IncomeLossFromEquityMethodInvestments $-17.43M USD Annual
Loss from unconsolidated real estate ventures, net IncomeLossFromEquityMethodInvestments $-2.07M USD Annual
Amortization of market lease intangibles, net AmortizationOfAcquiredBelowMarketLeaseNetOfAcquiredAboveMarketLease $960.00K USD Annual
Amortization of market lease intangibles, net AmortizationOfAcquiredBelowMarketLeaseNetOfAcquiredAboveMarketLease $1.13M USD Annual
Amortization of market lease intangibles, net AmortizationOfAcquiredBelowMarketLeaseNetOfAcquiredAboveMarketLease $1.19M USD Annual
Amortization of lease incentives AmortizationOfLeaseIncentive $7.97M USD Annual
Amortization of lease incentives AmortizationOfLeaseIncentive $1.71M USD Annual
Amortization of lease incentives AmortizationOfLeaseIncentive $7.73M USD Annual
Loss on the extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-450.00K USD Annual
Loss on the extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-3.07M USD Annual
Impairment loss AssetImpairmentCharges $90.23M USD Annual
Impairment loss AssetImpairmentCharges $25.14M USD Annual
Gain on the sale of real estate, net GainsLossesOnSalesOfInvestmentRealEstate $161.89M USD Annual
Gain on the sale of real estate, net GainsLossesOnSalesOfInvestmentRealEstate $79.33M USD Annual
Gain on the sale of real estate, net GainsLossesOnSalesOfInvestmentRealEstate $11.29M USD Annual
Loss on operating lease and other receivables GainLossOnOperatingLeaseAndOtherReceivables $-2.16M USD Annual
Loss on operating lease and other receivables GainLossOnOperatingLeaseAndOtherReceivables $-2.60M USD Annual
Loss on operating lease and other receivables GainLossOnOperatingLeaseAndOtherReceivables $-882.00K USD Annual
Income from investments, net DebtAndEquitySecuritiesGainLoss $972.00K USD Annual
Income from investments, net DebtAndEquitySecuritiesGainLoss $3.62M USD Annual
Income from investments, net DebtAndEquitySecuritiesGainLoss $14.49M USD Annual
Return on capital from unconsolidated real estate ventures EquityMethodInvestmentDividendsOrDistributions $20.70M USD Annual
Return on capital from unconsolidated real estate ventures EquityMethodInvestmentDividendsOrDistributions $15.91M USD Annual
Return on capital from unconsolidated real estate ventures EquityMethodInvestmentDividendsOrDistributions $11.41M USD Annual
Other non-cash items OtherNoncashIncomeExpense $5.52M USD Annual
Other non-cash items OtherNoncashIncomeExpense $-10.82M USD Annual
Other non-cash items OtherNoncashIncomeExpense $922.00K USD Annual
Tenant and other receivables IncreaseDecreaseInAccountsAndNotesReceivable $13.15M USD Annual
Tenant and other receivables IncreaseDecreaseInAccountsAndNotesReceivable $-8.81M USD Annual
Tenant and other receivables IncreaseDecreaseInAccountsAndNotesReceivable $-11.12M USD Annual
Other assets, net IncreaseDecreaseInOtherOperatingAssets $8.96M USD Annual
Other assets, net IncreaseDecreaseInOtherOperatingAssets $12.78M USD Annual
Other assets, net IncreaseDecreaseInOtherOperatingAssets $10.74M USD Annual
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-1.28M USD Annual
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-11.26M USD Annual
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $8.70M USD Annual
Other liabilities, net IncreaseDecreaseInOtherOperatingLiabilities $-4.10M USD Annual
Other liabilities, net IncreaseDecreaseInOtherOperatingLiabilities $-13.41M USD Annual
Other liabilities, net IncreaseDecreaseInOtherOperatingLiabilities $9.94M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $178.04M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $217.62M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $183.37M USD Annual
Development costs, construction in progress and real estate additions PaymentsToDevelopRealEstateAssetsConstructionInProgressAndRealEstateAdditions $333.74M USD Annual
Development costs, construction in progress and real estate additions PaymentsToDevelopRealEstateAssetsConstructionInProgressAndRealEstateAdditions $173.18M USD Annual
Development costs, construction in progress and real estate additions PaymentsToDevelopRealEstateAssetsConstructionInProgressAndRealEstateAdditions $326.74M USD Annual
Acquisition of real estate PaymentsToAcquireRealEstate $65.30M USD Annual
Acquisition of real estate PaymentsToAcquireRealEstate $19.55M USD Annual
Acquisition of real estate PaymentsToAcquireRealEstate $208.34M USD Annual
Proceeds from the sale of real estate ProceedsFromSaleOfRealEstateHeldforinvestment $281.52M USD Annual
Proceeds from the sale of real estate ProceedsFromSaleOfRealEstateHeldforinvestment $14.37M USD Annual
Proceeds from the sale of real estate ProceedsFromSaleOfRealEstateHeldforinvestment $928.91M USD Annual
Proceeds from the sale of investments ProceedsFromSaleOfOtherInvestments $19.03M USD Annual
Proceeds from derivative financial instruments ProceedsFromDerivativeInstrumentInvestingActivities $1.92M USD Annual
Payments on derivative financial instruments PaymentsForDerivativeInstrumentInvestingActivities $9.83M USD Annual
Distributions of capital from unconsolidated real estate ventures and other investments ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $59.72M USD Annual
Distributions of capital from unconsolidated real estate ventures and other investments ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $40.19M USD Annual
Distributions of capital from unconsolidated real estate ventures and other investments ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $10.50M USD Annual
Investments in unconsolidated real estate ventures and other investments PaymentsToAcquireRealEstateAndRealEstateJointVentures $29.00M USD Annual
Investments in unconsolidated real estate ventures and other investments PaymentsToAcquireRealEstateAndRealEstateJointVentures $41.78M USD Annual
Investments in unconsolidated real estate ventures and other investments PaymentsToAcquireRealEstateAndRealEstateJointVentures $91.59M USD Annual
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $-98.18M USD Annual
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $-368.74M USD Annual
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $524.02M USD Annual
Borrowings under mortgage loans ProceedsFromNotesPayable $190.00M USD Annual
Borrowings under mortgage loans ProceedsFromNotesPayable $179.74M USD Annual
Borrowings under mortgage loans ProceedsFromNotesPayable $345.14M USD Annual
Borrowings under revolving credit facility ProceedsFromLinesOfCredit $100.00M USD Annual
Borrowings under revolving credit facility ProceedsFromLinesOfCredit $300.00M USD Annual
Borrowings under revolving credit facility ProceedsFromLinesOfCredit $371.75M USD Annual
Borrowings under term loans ProceedsFromIssuanceOfUnsecuredDebt $150.00M USD Annual
Borrowings under term loans ProceedsFromIssuanceOfUnsecuredDebt $170.00M USD Annual
Repayments of mortgage loans RepaymentsOfNotesPayable $5.61M USD Annual
Repayments of mortgage loans RepaymentsOfNotesPayable $281.85M USD Annual
Repayments of mortgage loans RepaymentsOfNotesPayable $270.68M USD Annual
Repayments of revolving credit facility RepaymentsOfLinesOfCredit $309.75M USD Annual
Repayments of revolving credit facility RepaymentsOfLinesOfCredit $400.00M USD Annual
Proceeds from derivative financial instruments ProceedsFromDerivativeInstrumentFinancingActivities $9.60M USD Annual
Payments on derivative financial instruments PaymentsForDerivativeInstrumentFinancingActivities $1.92M USD Annual
Debt issuance and modification costs PaymentsOfDebtIssuanceCosts $5.14M USD Annual
Debt issuance and modification costs PaymentsOfDebtIssuanceCosts $17.58M USD Annual
Debt issuance and modification costs PaymentsOfDebtIssuanceCosts $6.61M USD Annual
Redemption of partner's noncontrolling interest PaymentsForRepurchaseOfRedeemableNoncontrollingInterest $647.00K USD Annual
Redemption of partner's noncontrolling interest PaymentsForRepurchaseOfRedeemableNoncontrollingInterest $9.53M USD Annual
Finance lease payments FinanceLeasePrincipalPayments $19.97M 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 $1.10M USD Annual
Common shares repurchased PaymentsForRepurchaseOfCommonStock $361.04M USD Annual
Common shares repurchased PaymentsForRepurchaseOfCommonStock $335.31M USD Annual
Common shares repurchased PaymentsForRepurchaseOfCommonStock $157.69M USD Annual
Dividends paid to common shareholders PaymentsOfDividendsCommonStock $118.11M USD Annual
Dividends paid to common shareholders PaymentsOfDividendsCommonStock $94.00M USD Annual
Dividends paid to common shareholders PaymentsOfDividendsCommonStock $107.69M USD Annual
Distributions to redeemable noncontrolling interests PaymentsOfDividendsMinorityInterest $17.80M USD Annual
Distributions to redeemable noncontrolling interests PaymentsOfDividendsMinorityInterest $16.41M USD Annual
Distributions to redeemable noncontrolling interests PaymentsOfDividendsMinorityInterest $15.32M USD Annual
Distributions to noncontrolling interests PaymentsToMinorityShareholders $46.00K USD Annual
Distributions to noncontrolling interests PaymentsToMinorityShareholders $32.00K USD Annual
Distributions to noncontrolling interests PaymentsToMinorityShareholders $182.00K USD Annual
Contributions from noncontrolling interests ProceedsFromMinorityShareholders $24.13M USD Annual
Contributions from noncontrolling interests ProceedsFromMinorityShareholders $9.38M USD Annual
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $189.88M USD Annual
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-730.08M USD Annual
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-158.82M USD Annual
Net (decrease) increase in cash and cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $38.76M USD Annual
Net (decrease) increase in cash and cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-73.63M USD Annual
Net (decrease) increase in cash and cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-28.02M USD Annual
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 $274.07M USD Point-in-time
Cash and cash equivalents, and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $200.44M 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 $274.07M USD Point-in-time
Cash and cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $200.44M USD Point-in-time
Cash paid for interest (net of capitalized interest of $17,357, $10,888 and $6,734 in 2023, 2022 and 2021) InterestPaidNet $88.75M USD Annual
Cash paid for interest (net of capitalized interest of $17,357, $10,888 and $6,734 in 2023, 2022 and 2021) InterestPaidNet $71.86M USD Annual
Cash paid for interest (net of capitalized interest of $17,357, $10,888 and $6,734 in 2023, 2022 and 2021) InterestPaidNet $61.93M USD Annual
Accrued capital expenditures included in accounts payable and accrued expenses CapitalExpendituresIncurredButNotYetPaid $73.61M USD Annual
Accrued capital expenditures included in accounts payable and accrued expenses CapitalExpendituresIncurredButNotYetPaid $63.14M USD Annual
Accrued capital expenditures included in accounts payable and accrued expenses CapitalExpendituresIncurredButNotYetPaid $43.29M USD Annual
Write-off of fully depreciated assets WriteOffOfFullyDepreciatedAssetsIncludingAssetImpairment $6.28M USD Annual
Write-off of fully depreciated assets WriteOffOfFullyDepreciatedAssetsIncludingAssetImpairment $61.12M USD Annual
Write-off of fully depreciated assets WriteOffOfFullyDepreciatedAssetsIncludingAssetImpairment $19.79M USD Annual
Cash paid for income taxes IncomeTaxesPaidNet $815.00K USD Annual
Cash paid for income taxes IncomeTaxesPaidNet $1.21M USD Annual
Cash paid for income taxes IncomeTaxesPaidNet $1.92M USD Annual
Deconsolidation of real estate asset DeconsolidationOfProperties $26.48M USD Annual
Accrued dividends to common shareholders DividendsPayableCommonShareholders $25.65M 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 $3.97M USD Point-in-time
Redemption of OP Units for common shares RedemptionOfOpUnitsForCommonShares $44.62M USD Annual
Redemption of OP Units for common shares RedemptionOfOpUnitsForCommonShares $29.63M USD Annual
Redemption of OP Units for common shares RedemptionOfOpUnitsForCommonShares $16.70M USD Annual
Recognition (derecognition) of operating lease right-of-use asset RecognitionDerecognitionOfOperatingLeaseRightOfUseAssets $-1.60M USD Annual
Recognition (derecognition) of operating lease right-of-use asset RecognitionDerecognitionOfOperatingLeaseRightOfUseAssets $61.44M USD Annual
Recognition (derecognition) of liabilities related to operating lease right-of-use asset RecognitionDerecognitionOfLiabilitiesRelatedToOperatingLeaseRightOfUseAssets $-1.59M USD Annual
Recognition (derecognition) of liabilities related to operating lease right-of-use asset RecognitionDerecognitionOfLiabilitiesRelatedToOperatingLeaseRightOfUseAssets $61.44M USD Annual
(Derecognition) recognition of finance lease right-of-use assets DerecognitionRecognitionOfFinanceLeaseRightOfUseAssets $-179.67M USD Annual
(Derecognition) recognition of finance lease right-of-use assets DerecognitionRecognitionOfFinanceLeaseRightOfUseAssets $139.51M USD Annual
(Derecognition) recognition of liabilities related to finance lease right-of-use assets DerecognitionRecognitionOfLiabilitiesRelatedToFinanceLeaseRightOfUseAssets $-163.59M USD Annual
(Derecognition) recognition of liabilities related to finance lease right-of-use assets DerecognitionRecognitionOfLiabilitiesRelatedToFinanceLeaseRightOfUseAssets $141.57M USD Annual
Cash paid for amounts included in the measurement of lease liabilities for operating leases OperatingLeasePayments $2.29M USD Annual
Cash paid for amounts included in the measurement of lease liabilities for operating leases OperatingLeasePayments $5.18M USD Annual
Cash paid for amounts included in the measurement of lease liabilities for operating leases OperatingLeasePayments $1.91M USD Annual
Stockholders Equity 46 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 $0.68 USD Annual
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.71B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.94B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.25B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.21B USD Point-in-time
Balance at beginning of period (in shares) CommonStockSharesOutstanding 94.31M shares Point-in-time
Balance at beginning of period (in shares) CommonStockSharesOutstanding 114.01M shares Point-in-time
Net income (loss) attributable to common shareholders and noncontrolling interests NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-81.00M USD Annual
Net income (loss) attributable to common shareholders and noncontrolling interests NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $85.74M USD Annual
Net income (loss) attributable to common shareholders and noncontrolling interests NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-81.11M USD Annual
Redemption of common limited partnership units ("OP Units") for common shares RedemptionOfOperatingPartnershipUnitsForCommonShares $29.63M USD Annual
Redemption of common limited partnership units ("OP Units") for common shares RedemptionOfOperatingPartnershipUnitsForCommonShares $16.70M USD Annual
Redemption of common limited partnership units ("OP Units") for common shares RedemptionOfOperatingPartnershipUnitsForCommonShares $44.62M USD Annual
Common shares repurchased StockRepurchasedAndRetiredDuringPeriodValue $335.31M USD Annual
Common shares repurchased StockRepurchasedAndRetiredDuringPeriodValue $157.69M USD Annual
Common shares repurchased StockRepurchasedAndRetiredDuringPeriodValue $361.04M USD Annual
Common shares repurchased StockRepurchasedAndRetiredDuringPeriodValue $958.80M USD 15 Qtrs
Repurchase and retired common shares StockRepurchasedAndRetiredDuringPeriodShares 45.90M shares 15 Qtrs
Repurchase and retired common shares StockRepurchasedAndRetiredDuringPeriodShares 5.40M shares Annual
Repurchase and retired common shares StockRepurchasedAndRetiredDuringPeriodShares 14.20M shares Annual
Repurchase and retired common shares StockRepurchasedAndRetiredDuringPeriodShares 22.60M shares Annual
Common shares issued pursuant to employee incentive compensation plan and employee share purchase plan ("ESPP") StockIssuedDuringPeriodValueEmployeeIncentiveCompensationAndEmployeeStockPurchasePlan $2.66M USD Annual
Common shares issued pursuant to employee incentive compensation plan and employee share purchase plan ("ESPP") StockIssuedDuringPeriodValueEmployeeIncentiveCompensationAndEmployeeStockPurchasePlan $2.51M USD Annual
Common shares issued pursuant to employee incentive compensation plan and employee share purchase plan ("ESPP") StockIssuedDuringPeriodValueEmployeeIncentiveCompensationAndEmployeeStockPurchasePlan $2.43M USD Annual
Dividends declared on common shares Dividends $117.13M USD Annual
Dividends declared on common shares Dividends $104.68M USD Annual
Dividends declared on common shares Dividends $68.35M USD Annual
Contribution (distributions) from noncontrolling interests, net MinorityInterestIncreaseDecreaseFromContributionsDistributionsToNoncontrollingInterestHolders $9.20M USD Annual
Contribution (distributions) from noncontrolling interests, net MinorityInterestIncreaseDecreaseFromContributionsDistributionsToNoncontrollingInterestHolders $-32.00K USD Annual
Contribution (distributions) from noncontrolling interests, net MinorityInterestIncreaseDecreaseFromContributionsDistributionsToNoncontrollingInterestHolders $24.08M USD Annual
Redeemable noncontrolling interests redemption value adjustment and total other comprehensive income (loss) allocation MinorityInterestChangeInRedemptionValueAndOtherComprehensiveIncomeLossAllocation $5.18M USD Annual
Redeemable noncontrolling interests redemption value adjustment and total other comprehensive income (loss) allocation MinorityInterestChangeInRedemptionValueAndOtherComprehensiveIncomeLossAllocation $56.95M USD Annual
Redeemable noncontrolling interests redemption value adjustment and total other comprehensive income (loss) allocation MinorityInterestChangeInRedemptionValueAndOtherComprehensiveIncomeLossAllocation $7.59M USD Annual
Total other comprehensive income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $26.70M USD Annual
Total other comprehensive income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-32.17M USD Annual
Total other comprehensive income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $70.15M USD Annual
Other comprehensive (income) loss attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $145.00K USD Annual
Other comprehensive (income) loss attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $-2.08M USD Annual
Balance at end of period (in shares) CommonStockSharesOutstanding 94.31M shares Point-in-time
Balance at end of period (in shares) CommonStockSharesOutstanding 114.01M shares Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.71B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.94B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.25B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.21B USD Point-in-time
Comprehensive Income 29 line items
Line Item Tag Value Unit Period
NET INCOME (LOSS) ProfitLoss $-89.72M USD Annual
NET INCOME (LOSS) ProfitLoss $98.99M USD Annual
NET INCOME (LOSS) ProfitLoss $-91.71M USD Annual
Change in fair value of derivative financial instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $11.33M USD Annual
Change in fair value of derivative financial instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $67.58M USD Annual
Change in fair value of derivative financial instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $2.60M USD Annual
Reclassification of net (income) loss on derivative financial instruments from accumulated other comprehensive income (loss) into interest expense OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax $34.78M USD Annual
Reclassification of net (income) loss on derivative financial instruments from accumulated other comprehensive income (loss) into interest expense OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax $-2.57M USD Annual
Reclassification of net (income) loss on derivative financial instruments from accumulated other comprehensive income (loss) into interest expense OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax $-15.38M USD Annual
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $26.70M USD Annual
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-32.17M USD Annual
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $70.15M USD Annual
COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-123.88M USD Annual
COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-63.02M USD Annual
COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $169.14M USD Annual
Net (income) loss attributable to redeemable noncontrolling interests ComprehensiveNetLossAttributableToRedeemableNoncontrollingInterest $13.24M USD Annual
Net (income) loss attributable to redeemable noncontrolling interests ComprehensiveNetLossAttributableToRedeemableNoncontrollingInterest $-8.73M USD Annual
Net (income) loss attributable to redeemable noncontrolling interests ComprehensiveNetLossAttributableToRedeemableNoncontrollingInterest $-10.60M USD Annual
Net (income) loss attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-1.14M USD Annual
Net (income) loss attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-1.74M USD Annual
Net (income) loss attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $371.00K USD Annual
Other comprehensive (income) loss attributable to redeemable noncontrolling interests ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest $8.41M USD Annual
Other comprehensive (income) loss attributable to redeemable noncontrolling interests ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest $-4.49M USD Annual
Other comprehensive (income) loss attributable to redeemable noncontrolling interests ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest $2.67M USD Annual
Other comprehensive (income) loss attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $145.00K USD Annual
Other comprehensive (income) loss attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $-2.08M USD Annual
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO JBG SMITH PROPERTIES ComprehensiveIncomeNetOfTax $-55.23M USD Annual
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO JBG SMITH PROPERTIES ComprehensiveIncomeNetOfTax $-105.58M USD Annual
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO JBG SMITH PROPERTIES ComprehensiveIncomeNetOfTax $146.97M USD Annual

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

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