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10-Q Filing

JBG SMITH PROPERTIES CIK: 1689796 Q3 2017
Filing Information
Form Type 10-Q
Accession Number 0001689796-17-000014
Period End Date 20170930
Filing Date 20171113
Fiscal Year 2017
Fiscal Period Q3
XBRL Instance jbgs-20170930.xml
Filing Contents
Balance Sheet 74 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, shares authorized PreferredStockSharesAuthorized 200.00M shares Point-in-time
Land and improvements LandAndLandImprovements $1.27B USD Point-in-time
Land and improvements LandAndLandImprovements $939.59M USD Point-in-time
Preferred shares, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred shares, shares outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Buildings and improvements InvestmentBuildingAndBuildingImprovements $3.66B USD Point-in-time
Buildings and improvements InvestmentBuildingAndBuildingImprovements $3.06B USD Point-in-time
Construction in progress, including land DevelopmentInProcess $906.68M 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 $151.33M USD Point-in-time
Real estate, at cost RealEstateInvestmentPropertyAtCost $5.84B USD Point-in-time
Common shares, shares authorized CommonStockSharesAuthorized 500.00M shares Point-in-time
Real estate, at cost RealEstateInvestmentPropertyAtCost $4.16B USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $982.45M USD Point-in-time
Common shares, shares issued CommonStockSharesIssued 94.70M shares Point-in-time
Common shares, shares issued CommonStockSharesIssued 117.96M shares Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $930.77M USD Point-in-time
Real estate, net RealEstateInvestmentPropertyNet $4.86B USD Point-in-time
Common shares, shares outstanding CommonStockSharesOutstanding 117.96M shares Point-in-time
Real estate, net RealEstateInvestmentPropertyNet $3.22B USD Point-in-time
Common shares, shares outstanding CommonStockSharesOutstanding 118.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $74.97M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $35.28M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $367.90M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $29.00M USD Point-in-time
Restricted cash RestrictedCash $3.26M USD Point-in-time
Restricted cash RestrictedCash $17.52M USD Point-in-time
Tenant and other receivables, net AccountsAndNotesReceivableNet $50.47M USD Point-in-time
Tenant and other receivables, net AccountsAndNotesReceivableNet $33.38M USD Point-in-time
Deferred rent receivable, net DeferredRentReceivablesNet $136.58M USD Point-in-time
Deferred rent receivable, net DeferredRentReceivablesNet $145.68M USD Point-in-time
Investments in and advances to unconsolidated real estate ventures RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures $45.78M USD Point-in-time
Investments in and advances to unconsolidated real estate ventures RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures $284.99M USD Point-in-time
Receivable from former parent DueFromRelatedParties - USD Point-in-time
Receivable from former parent DueFromRelatedParties $75.06M USD Point-in-time
Other assets, net OtherAssets $112.95M USD Point-in-time
Other assets, net OtherAssets $288.39M USD Point-in-time
TOTAL ASSETS Assets $6.02B USD Point-in-time
TOTAL ASSETS Assets $3.66B USD Point-in-time
Mortgages payable, net SecuredDebt $1.17B USD Point-in-time
Mortgages payable, net SecuredDebt $1.98B USD Point-in-time
Revolving credit facility LineOfCredit - USD Point-in-time
Revolving credit facility LineOfCredit $115.75M USD Point-in-time
Unsecured term loan, net UnsecuredDebt $46.39M USD Point-in-time
Unsecured term loan, net UnsecuredDebt - USD Point-in-time
Payable to former parent DueToRelatedPartiesCurrentAndNoncurrent - USD Point-in-time
Payable to former parent DueToRelatedPartiesCurrentAndNoncurrent $283.23M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $131.63M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $40.92M USD Point-in-time
Other liabilities, net OtherLiabilities $100.77M USD Point-in-time
Other liabilities, net OtherLiabilities $49.49M USD Point-in-time
Total liabilities Liabilities $2.37B USD Point-in-time
Total liabilities Liabilities $1.54B USD Point-in-time
Commitments and Contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and Contingencies CommitmentsAndContingencies - USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCarryingAmount - USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCarryingAmount $567.00M 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 and 117,957 shares issued and outstanding at September 30, 2017 CommonStockValue $1.18M USD Point-in-time
Common shares, $0.01 par value - 500,000 shares authorized and 117,957 shares issued and outstanding at September 30, 2017 CommonStockValue - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $3.10B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-28.83M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit - USD Point-in-time
Former parent equity StockholdersEquity $3.07B USD Point-in-time
Former parent equity StockholdersEquity $2.12B USD Point-in-time
Noncontrolling interests in consolidated subsidiaries MinorityInterest $295.00K USD Point-in-time
Noncontrolling interests in consolidated subsidiaries MinorityInterest $4.40M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.08B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.12B USD Point-in-time
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY LiabilitiesAndStockholdersEquity $3.66B USD Point-in-time
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY LiabilitiesAndStockholdersEquity $6.02B USD Point-in-time
Income Statement 108 line items
Line Item Tag Value Unit Period
Property rentals OperatingLeasesIncomeStatementLeaseRevenue $116.46M USD 1 Quarter
Property rentals OperatingLeasesIncomeStatementLeaseRevenue $299.50M USD 3 Qtrs
Property rentals OperatingLeasesIncomeStatementLeaseRevenue $316.90M USD 3 Qtrs
Property rentals OperatingLeasesIncomeStatementLeaseRevenue $103.27M USD 1 Quarter
Tenant reimbursements TenantReimbursements $27.16M USD 3 Qtrs
Tenant reimbursements TenantReimbursements $9.59M USD 1 Quarter
Tenant reimbursements TenantReimbursements $28.43M USD 3 Qtrs
Tenant reimbursements TenantReimbursements $10.23M USD 1 Quarter
Third-party real estate services, including reimbursements ManagementFeesRevenue $24.62M USD 3 Qtrs
Third-party real estate services, including reimbursements ManagementFeesRevenue $8.30M USD 1 Quarter
Third-party real estate services, including reimbursements ManagementFeesRevenue $38.88M USD 3 Qtrs
Third-party real estate services, including reimbursements ManagementFeesRevenue $25.14M USD 1 Quarter
Other income OtherIncome $3.70M USD 3 Qtrs
Other income OtherIncome $1.56M USD 1 Quarter
Other income OtherIncome $1.16M USD 1 Quarter
Other income OtherIncome $3.94M USD 3 Qtrs
Total revenue Revenues $123.36M USD 1 Quarter
Total revenue Revenues $356.48M USD 3 Qtrs
Total revenue Revenues $386.64M USD 3 Qtrs
Total revenue Revenues $152.35M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $109.73M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $43.95M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $31.38M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $98.29M USD 3 Qtrs
Property operating CostOfOtherPropertyOperatingExpense $77.34M USD 3 Qtrs
Property operating CostOfOtherPropertyOperatingExpense $27.29M USD 1 Quarter
Property operating CostOfOtherPropertyOperatingExpense $29.63M USD 1 Quarter
Property operating CostOfOtherPropertyOperatingExpense $75.09M USD 3 Qtrs
Real estate taxes RealEstateTaxExpense $47.98M USD 3 Qtrs
Real estate taxes RealEstateTaxExpense $17.19M USD 1 Quarter
Real estate taxes RealEstateTaxExpense $14.46M USD 1 Quarter
Real estate taxes RealEstateTaxExpense $43.71M USD 3 Qtrs
Corporate and other OtherGeneralAndAdministrativeExpense $10.91M USD 1 Quarter
Corporate and other OtherGeneralAndAdministrativeExpense $36.04M USD 3 Qtrs
Corporate and other OtherGeneralAndAdministrativeExpense $35.54M USD 3 Qtrs
Corporate and other OtherGeneralAndAdministrativeExpense $10.59M USD 1 Quarter
Third-party real estate services ManagementFeeExpense $21.18M USD 1 Quarter
Third-party real estate services ManagementFeeExpense $14.27M USD 3 Qtrs
Third-party real estate services ManagementFeeExpense $30.36M USD 3 Qtrs
Third-party real estate services ManagementFeeExpense $4.78M USD 1 Quarter
Share-based compensation related to Formation Transaction AllocatedShareBasedCompensationExpense $14.45M USD 1 Quarter
Share-based compensation related to Formation Transaction AllocatedShareBasedCompensationExpense $14.45M USD 3 Qtrs
Share-based compensation related to Formation Transaction AllocatedShareBasedCompensationExpense - USD 1 Quarter
Share-based compensation related to Formation Transaction AllocatedShareBasedCompensationExpense - USD 3 Qtrs
Transaction and other costs BusinessCombinationAcquisitionRelatedCosts $104.09M USD 1 Quarter
Transaction and other costs BusinessCombinationAcquisitionRelatedCosts $1.53M USD 3 Qtrs
Transaction and other costs BusinessCombinationAcquisitionRelatedCosts $1.53M USD 1 Quarter
Transaction and other costs BusinessCombinationAcquisitionRelatedCosts $115.17M USD 3 Qtrs
Total operating expenses OperatingExpenses $241.09M USD 1 Quarter
Total operating expenses OperatingExpenses $430.56M USD 3 Qtrs
Total operating expenses OperatingExpenses $268.93M USD 3 Qtrs
Total operating expenses OperatingExpenses $90.35M USD 1 Quarter
OPERATING (LOSS) INCOME OperatingIncomeLoss $-88.74M USD 1 Quarter
OPERATING (LOSS) INCOME OperatingIncomeLoss $-43.92M USD 3 Qtrs
OPERATING (LOSS) INCOME OperatingIncomeLoss $33.01M USD 1 Quarter
OPERATING (LOSS) INCOME OperatingIncomeLoss $87.55M USD 3 Qtrs
(Loss) income from unconsolidated real estate ventures IncomeLossFromEquityMethodInvestments $-952.00K USD 3 Qtrs
(Loss) income from unconsolidated real estate ventures IncomeLossFromEquityMethodInvestments $584.00K USD 1 Quarter
(Loss) income from unconsolidated real estate ventures IncomeLossFromEquityMethodInvestments $-1.36M USD 3 Qtrs
(Loss) income from unconsolidated real estate ventures IncomeLossFromEquityMethodInvestments $-1.68M USD 1 Quarter
Interest and other (loss) income, net InvestmentIncomeNet $2.29M USD 3 Qtrs
Interest and other (loss) income, net InvestmentIncomeNet $1.37M USD 3 Qtrs
Interest and other (loss) income, net InvestmentIncomeNet $749.00K USD 1 Quarter
Interest and other (loss) income, net InvestmentIncomeNet $-379.00K USD 1 Quarter
Interest expense InterestExpense $43.81M USD 3 Qtrs
Interest expense InterestExpense $15.31M USD 1 Quarter
Interest expense InterestExpense $13.03M USD 1 Quarter
Interest expense InterestExpense $38.66M USD 3 Qtrs
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-689.00K USD 3 Qtrs
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 3 Qtrs
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-689.00K USD 1 Quarter
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Gain on bargain purchase BusinessCombinationBargainPurchaseGainRecognizedAmount - USD 3 Qtrs
Gain on bargain purchase BusinessCombinationBargainPurchaseGainRecognizedAmount $27.77M USD 3 Qtrs
Gain on bargain purchase BusinessCombinationBargainPurchaseGainRecognizedAmount $27.77M USD 1 Quarter
Gain on bargain purchase BusinessCombinationBargainPurchaseGainRecognizedAmount - USD 1 Quarter
(LOSS) INCOME BEFORE INCOME TAX EXPENSE IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $50.23M USD 3 Qtrs
(LOSS) INCOME BEFORE INCOME TAX EXPENSE IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-60.65M USD 3 Qtrs
(LOSS) INCOME BEFORE INCOME TAX EXPENSE IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $21.32M USD 1 Quarter
(LOSS) INCOME BEFORE INCOME TAX EXPENSE IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-79.03M USD 1 Quarter
Income tax benefit (expense) IncomeTaxExpenseBenefit $-1.03M USD 1 Quarter
Income tax benefit (expense) IncomeTaxExpenseBenefit $302.00K USD 1 Quarter
Income tax benefit (expense) IncomeTaxExpenseBenefit $884.00K USD 3 Qtrs
Income tax benefit (expense) IncomeTaxExpenseBenefit $-317.00K USD 3 Qtrs
NET (LOSS) INCOME ProfitLoss $21.01M USD 1 Quarter
NET (LOSS) INCOME ProfitLoss $49.34M USD 3 Qtrs
NET (LOSS) INCOME ProfitLoss $-60.33M USD 3 Qtrs
NET (LOSS) INCOME ProfitLoss $-77.99M USD 1 Quarter
Net loss attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest - USD 1 Quarter
Net loss attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest - USD 3 Qtrs
Net loss attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-8.16M USD 1 Quarter
Net loss attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-2.48M USD 3 Qtrs
NET (LOSS) INCOME ATTRIBUTABLE TO JBG SMITH PROPERTIES NetIncomeLoss $-57.85M USD 3 Qtrs
NET (LOSS) INCOME ATTRIBUTABLE TO JBG SMITH PROPERTIES NetIncomeLoss $21.01M USD 1 Quarter
NET (LOSS) INCOME ATTRIBUTABLE TO JBG SMITH PROPERTIES NetIncomeLoss $49.34M USD 3 Qtrs
NET (LOSS) INCOME ATTRIBUTABLE TO JBG SMITH PROPERTIES NetIncomeLoss $-69.83M USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-0.55 USD 3 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $-0.61 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.21 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.49 USD 3 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $0.21 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.55 USD 3 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $0.49 USD 3 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $-0.61 USD 1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - basic and diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted 114.74M shares 1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - basic and diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted 105.35M shares 3 Qtrs
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - basic and diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted 100.57M shares 1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - basic and diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted 100.57M shares 3 Qtrs
Cash Flow Statement 113 line items
Line Item Tag Value Unit Period
Capitalized interest InterestPaidCapitalized $2.29M USD 3 Qtrs
Capitalized interest InterestPaidCapitalized $3.69M USD 3 Qtrs
Net (loss) income ProfitLoss $21.01M USD 1 Quarter
Net (loss) income ProfitLoss $49.34M USD 3 Qtrs
Net (loss) income ProfitLoss $-60.33M USD 3 Qtrs
Net (loss) income ProfitLoss $-77.99M USD 1 Quarter
Share-based compensation expense ShareBasedCompensation $3.49M USD 3 Qtrs
Share-based compensation expense ShareBasedCompensation $17.16M USD 3 Qtrs
Depreciation and amortization, including amortization of debt issuance costs DepreciationDepletionAndAmortization $111.68M USD 3 Qtrs
Depreciation and amortization, including amortization of debt issuance costs DepreciationDepletionAndAmortization $99.61M USD 3 Qtrs
Deferred rent StraightLineRent $9.25M USD 3 Qtrs
Deferred rent StraightLineRent $10.77M USD 3 Qtrs
Loss from unconsolidated real estate ventures IncomeLossFromEquityMethodInvestments $-952.00K USD 3 Qtrs
Loss from unconsolidated real estate ventures IncomeLossFromEquityMethodInvestments $584.00K USD 1 Quarter
Loss from unconsolidated real estate ventures IncomeLossFromEquityMethodInvestments $-1.36M USD 3 Qtrs
Loss from unconsolidated real estate ventures IncomeLossFromEquityMethodInvestments $-1.68M USD 1 Quarter
Amortization of above- and below-market lease intangibles, net AmortizationOfAcquiredBelowMarketLeaseNetOfAcquiredAboveMarketLease $1.01M USD 3 Qtrs
Amortization of above- and below-market lease intangibles, net AmortizationOfAcquiredBelowMarketLeaseNetOfAcquiredAboveMarketLease $872.00K USD 3 Qtrs
Return on capital from unconsolidated real estate ventures EquityMethodInvestmentDividendsOrDistributions $1.02M USD 3 Qtrs
Return on capital from unconsolidated real estate ventures EquityMethodInvestmentDividendsOrDistributions $1.15M USD 3 Qtrs
Gain on bargain purchase BusinessCombinationBargainPurchaseGainRecognizedAmount - USD 3 Qtrs
Gain on bargain purchase BusinessCombinationBargainPurchaseGainRecognizedAmount $27.77M USD 3 Qtrs
Gain on bargain purchase BusinessCombinationBargainPurchaseGainRecognizedAmount $27.77M USD 1 Quarter
Gain on bargain purchase BusinessCombinationBargainPurchaseGainRecognizedAmount - USD 1 Quarter
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-689.00K USD 3 Qtrs
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 3 Qtrs
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-689.00K USD 1 Quarter
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Unrealized gain on interest rate swaps UnrealizedGainLossOnDerivatives $467.00K USD 3 Qtrs
Unrealized gain on interest rate swaps UnrealizedGainLossOnDerivatives - USD 3 Qtrs
Bad debt expense ProvisionForDoubtfulAccounts $1.81M USD 3 Qtrs
Bad debt expense ProvisionForDoubtfulAccounts $618.00K USD 3 Qtrs
Bad debt expense ProvisionForDoubtfulAccounts $1.10M USD 1 Quarter
Other non-cash items OtherNoncashIncomeExpense $-6.47M USD 3 Qtrs
Other non-cash items OtherNoncashIncomeExpense $-3.59M USD 3 Qtrs
Tenant and other receivables IncreaseDecreaseInAccountsAndNotesReceivable $3.62M USD 3 Qtrs
Tenant and other receivables IncreaseDecreaseInAccountsAndNotesReceivable $2.18M USD 3 Qtrs
Other assets, net IncreaseDecreaseInOtherOperatingAssets $32.88M USD 3 Qtrs
Other assets, net IncreaseDecreaseInOtherOperatingAssets $19.76M USD 3 Qtrs
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $19.08M USD 3 Qtrs
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-4.09M USD 3 Qtrs
Other liabilities, net IncreaseDecreaseInOtherOperatingLiabilities $-817.00K USD 3 Qtrs
Other liabilities, net IncreaseDecreaseInOtherOperatingLiabilities $-19.43M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $23.39M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $101.38M USD 3 Qtrs
Development costs, construction in progress and real estate additions PaymentsToAcquireAndDevelopRealEstate $185.44M USD 3 Qtrs
Development costs, construction in progress and real estate additions PaymentsToAcquireAndDevelopRealEstate $115.92M USD 3 Qtrs
Cash received in connection with the Combination CashAcquiredFromAcquisition - USD 3 Qtrs
Cash received in connection with the Combination CashAcquiredFromAcquisition $83.94M USD 3 Qtrs
Restricted cash IncreaseDecreaseInRestrictedCash $798.00K USD 3 Qtrs
Restricted cash IncreaseDecreaseInRestrictedCash $-3.23M USD 3 Qtrs
Investments in and advances to unconsolidated real estate ventures PaymentsToAcquireRealEstateAndRealEstateJointVentures $19.96M USD 3 Qtrs
Investments in and advances to unconsolidated real estate ventures PaymentsToAcquireRealEstateAndRealEstateJointVentures $1.44M USD 3 Qtrs
Repayment of notes receivable ProceedsFromCollectionOfNotesReceivable - USD 3 Qtrs
Repayment of notes receivable ProceedsFromCollectionOfNotesReceivable $50.93M USD 3 Qtrs
Other investments PaymentsToAcquireOtherInvestments $1.94M USD 3 Qtrs
Other investments PaymentsToAcquireOtherInvestments $3.53M USD 3 Qtrs
Proceeds from repayment of receivable from former parent RepaymentOfNotesReceivableFromRelatedParties $75.00M USD 3 Qtrs
Proceeds from repayment of receivable from former parent RepaymentOfNotesReceivableFromRelatedParties - USD 3 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $88.18M USD 3 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-204.10M USD 3 Qtrs
Contributions from former parent, net ProceedsFromContributionsFromAffiliates $160.20M USD 3 Qtrs
Contributions from former parent, net ProceedsFromContributionsFromAffiliates $32.95M USD 3 Qtrs
Repayment of borrowings from former parent RepaymentsOfRelatedPartyDebt - USD 3 Qtrs
Repayment of borrowings from former parent RepaymentsOfRelatedPartyDebt $115.63M USD 3 Qtrs
Capital lease payments RepaymentsOfLongTermCapitalLeaseObligations - USD 3 Qtrs
Capital lease payments RepaymentsOfLongTermCapitalLeaseObligations $17.78M USD 3 Qtrs
Proceeds from borrowings from former parent ProceedsFromRelatedPartyDebt $4.00M USD 3 Qtrs
Proceeds from borrowings from former parent ProceedsFromRelatedPartyDebt $39.00M USD 3 Qtrs
Proceeds from borrowings ProceedsFromIssuanceOfLongTermDebt $407.77M USD 3 Qtrs
Proceeds from borrowings ProceedsFromIssuanceOfLongTermDebt - USD 3 Qtrs
Repayments of borrowings RepaymentsOfLongTermDebt $8.87M USD 3 Qtrs
Repayments of borrowings RepaymentsOfLongTermDebt $192.68M USD 3 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $18.69M USD 3 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $37.00K USD 3 Qtrs
Contributions from noncontrolling interests ProceedsFromMinorityShareholders $134.00K USD 3 Qtrs
Contributions from noncontrolling interests ProceedsFromMinorityShareholders - USD 3 Qtrs
Distributions to noncontrolling interests PaymentsToMinorityShareholders $14.00K USD 3 Qtrs
Distributions to noncontrolling interests PaymentsToMinorityShareholders $7.00K USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $227.32M USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $63.04M USD 3 Qtrs
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $338.90M USD 3 Qtrs
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-39.68M USD 3 Qtrs
Cash and cash equivalents at beginning of the period CashAndCashEquivalentsAtCarryingValue $74.97M USD Point-in-time
Cash and cash equivalents at beginning of the period CashAndCashEquivalentsAtCarryingValue $35.28M USD Point-in-time
Cash and cash equivalents at beginning of the period CashAndCashEquivalentsAtCarryingValue $367.90M USD Point-in-time
Cash and cash equivalents at beginning of the period CashAndCashEquivalentsAtCarryingValue $29.00M USD Point-in-time
Cash and cash equivalents at end of the period CashAndCashEquivalentsAtCarryingValue $74.97M USD Point-in-time
Cash and cash equivalents at end of the period CashAndCashEquivalentsAtCarryingValue $35.28M USD Point-in-time
Cash and cash equivalents at end of the period CashAndCashEquivalentsAtCarryingValue $367.90M USD Point-in-time
Cash and cash equivalents at end of the period CashAndCashEquivalentsAtCarryingValue $29.00M USD Point-in-time
Transfer of mortgage payable to former parent TransferMortgagePayable $115.02M USD 3 Qtrs
Transfer of mortgage payable to former parent TransferMortgagePayable - USD 3 Qtrs
Cash paid for interest (net of capitalized interest of $2,285 and $3,690 in 2017 and 2016, respectively) InterestPaidNet $45.35M USD 3 Qtrs
Cash paid for interest (net of capitalized interest of $2,285 and $3,690 in 2017 and 2016, respectively) InterestPaidNet $37.54M USD 3 Qtrs
Accrued capital expenditures included in accounts payable and accrued expenses CapitalExpendituresIncurredButNotYetPaid $15.21M USD 3 Qtrs
Accrued capital expenditures included in accounts payable and accrued expenses CapitalExpendituresIncurredButNotYetPaid $17.63M USD 3 Qtrs
Write-off of fully depreciated assets WriteOffOfFullyDepreciatedAssetsIncludingAssetImpairment $24.91M USD 3 Qtrs
Write-off of fully depreciated assets WriteOffOfFullyDepreciatedAssetsIncludingAssetImpairment $87.22M USD 3 Qtrs
Cash payments for income taxes IncomeTaxesPaid $3.68M USD 3 Qtrs
Cash payments for income taxes IncomeTaxesPaid $1.09M USD 3 Qtrs
Issuance of common limited partnership units at the Separation TemporaryEquityStockIssuedDuringPeriodValueNewIssues $96.63M USD 3 Qtrs
Issuance of common limited partnership units at the Separation TemporaryEquityStockIssuedDuringPeriodValueNewIssues - USD 3 Qtrs
Issuance of common shares at the Separation StockIssuedDuringPeriodValueNewIssues - USD 3 Qtrs
Issuance of common shares at the Separation StockIssuedDuringPeriodValueNewIssues $2.33B USD 3 Qtrs
Issuance of common shares in connection with the Combination StockIssuedDuringPeriodValueAcquisitions $864.92M USD 3 Qtrs
Issuance of common shares in connection with the Combination StockIssuedDuringPeriodValueAcquisitions - USD 3 Qtrs
Issuance of common limited partnership units in connection with the Combination NoncashorPartNoncashIssuanceofPartnershipUnitsinBusinessCombination $359.97M USD 3 Qtrs
Issuance of common limited partnership units in connection with the Combination NoncashorPartNoncashIssuanceofPartnershipUnitsinBusinessCombination - USD 3 Qtrs
Adjustment to record redeemable noncontrolling interest at redemption value TemporaryEquityAccretionToRedemptionValue $97.08M USD 3 Qtrs
Adjustment to record redeemable noncontrolling interest at redemption value TemporaryEquityAccretionToRedemptionValue - USD 3 Qtrs
Contribution from former parent in connection with the Separation NoncashorPartNoncashContributionsfromFormerParent - USD 3 Qtrs
Contribution from former parent in connection with the Separation NoncashorPartNoncashContributionsfromFormerParent $174.64M USD 3 Qtrs
Stockholders Equity 23 line items
Line Item Tag Value Unit Period
BALANCE (beginning of period) StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.08B USD Point-in-time
BALANCE (beginning of period) StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.12B USD Point-in-time
Common shares outstanding (in shares) CommonStockSharesOutstanding 117.96M shares Point-in-time
Common shares outstanding (in shares) CommonStockSharesOutstanding 118.00M shares Point-in-time
Net income (loss) attributable to JBG SMITH Properties NetIncomeLoss $-57.85M USD 3 Qtrs
Net income (loss) attributable to JBG SMITH Properties NetIncomeLoss $21.01M USD 1 Quarter
Net income (loss) attributable to JBG SMITH Properties NetIncomeLoss $49.34M USD 3 Qtrs
Net income (loss) attributable to JBG SMITH Properties NetIncomeLoss $-69.83M USD 1 Quarter
Deferred compensation shares and options, net StockIssuedDuringPeriodValueEmployeeBenefitPlan $1.53M USD 3 Qtrs
Contributions from Vornado Realty Trust, net StockholdersEquityNoteSpinoffTransaction $334.84M USD 3 Qtrs
Issuance of common limited partnership units to Vornado Realty Trust at the separation StockRepurchasedDuringPeriodValue $96.63M USD 3 Qtrs
Issuance of common shares at the Separation StockIssuedDuringPeriodValueNewIssues - USD 3 Qtrs
Issuance of common shares at the Separation StockIssuedDuringPeriodValueNewIssues $2.33B USD 3 Qtrs
Issuance of common shares in connection with the Combination StockIssuedDuringPeriodValueAcquisitions $864.92M USD 3 Qtrs
Issuance of common shares in connection with the Combination StockIssuedDuringPeriodValueAcquisitions - USD 3 Qtrs
Noncontrolling interests acquired in connection with the Combination NoncontrollingInterestIncreaseFromBusinessCombination $3.99M USD 3 Qtrs
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $14.00K USD 3 Qtrs
Contributions from noncontrolling interests NoncontrollingInterestContributions $134.00K USD 3 Qtrs
Adjustment to record redeemable noncontrolling interest at redemption value MinorityInterestChangeInRedemptionValue $-97.08M USD 3 Qtrs
Common shares outstanding (in shares) CommonStockSharesOutstanding 117.96M shares Point-in-time
Common shares outstanding (in shares) CommonStockSharesOutstanding 118.00M shares Point-in-time
BALANCE, (end of period) StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.08B USD Point-in-time
BALANCE, (end of period) StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.12B USD Point-in-time

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

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