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10-Q Filing

JBG SMITH PROPERTIES CIK: 1689796 Q2 2018
Filing Information
Form Type 10-Q
Accession Number 0001689796-18-000016
Period End Date 20180630
Filing Date 20180809
Fiscal Year 2018
Fiscal Period Q2
XBRL Instance jbgs-20180630.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 $1.37B USD Point-in-time
Land and improvements LandAndLandImprovements $1.44B USD Point-in-time
Preferred shares, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred shares, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred shares, shares outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Preferred shares, shares outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Buildings and improvements InvestmentBuildingAndBuildingImprovements $3.83B USD Point-in-time
Buildings and improvements InvestmentBuildingAndBuildingImprovements $3.67B USD Point-in-time
Construction in progress, including land DevelopmentInProcess $978.94M USD Point-in-time
Common shares, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common shares, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Construction in progress, including land DevelopmentInProcess $595.06M USD Point-in-time
Real estate, at cost RealEstateInvestmentPropertyAtCost $6.02B USD Point-in-time
Real estate, at cost RealEstateInvestmentPropertyAtCost $5.87B USD Point-in-time
Common shares, shares authorized CommonStockSharesAuthorized 500.00M shares Point-in-time
Common shares, shares authorized CommonStockSharesAuthorized 500.00M shares Point-in-time
Common shares, shares issued CommonStockSharesIssued 117.95M shares Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $1.05B USD Point-in-time
Common shares, shares issued CommonStockSharesIssued 117.95M shares Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $1.01B USD Point-in-time
Real estate, net RealEstateInvestmentPropertyNet $5.01B USD Point-in-time
Real estate, net RealEstateInvestmentPropertyNet $4.83B USD Point-in-time
Common shares, shares outstanding CommonStockSharesOutstanding 117.95M shares Point-in-time
Common shares, shares outstanding CommonStockSharesOutstanding 117.95M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $280.61M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $239.44M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $316.68M USD Point-in-time
Restricted cash RestrictedCash $21.88M USD Point-in-time
Restricted cash RestrictedCash $22.25M USD Point-in-time
Restricted cash RestrictedCash $3.73M USD Point-in-time
Tenant and other receivables, net AccountsAndNotesReceivableNet $46.73M USD Point-in-time
Tenant and other receivables, net AccountsAndNotesReceivableNet $37.86M USD Point-in-time
Deferred rent receivable, net DeferredRentReceivablesNet $146.31M USD Point-in-time
Deferred rent receivable, net DeferredRentReceivablesNet $144.84M USD Point-in-time
Investments in and advances to unconsolidated real estate ventures RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures $261.81M USD Point-in-time
Investments in and advances to unconsolidated real estate ventures RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures $368.31M USD Point-in-time
Other assets, net OtherAssets $263.92M USD Point-in-time
Other assets, net OtherAssets $273.72M USD Point-in-time
Assets Held-for-sale, Not Part of Disposal Group AssetsHeldForSaleNotPartOfDisposalGroup $8.29M USD Point-in-time
Assets Held-for-sale, Not Part of Disposal Group AssetsHeldForSaleNotPartOfDisposalGroup $2.22M USD Point-in-time
TOTAL ASSETS Assets $5.91B USD Point-in-time
TOTAL ASSETS Assets $6.07B USD Point-in-time
Mortgages payable, net SecuredDebt $1.91B USD Point-in-time
Mortgages payable, net SecuredDebt $2.03B USD Point-in-time
Revolving credit facility LineOfCredit $35.73M USD Point-in-time
Revolving credit facility LineOfCredit $115.75M USD Point-in-time
Unsecured term loan, net UnsecuredDebt $46.54M USD Point-in-time
Unsecured term loan, net UnsecuredDebt $96.83M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $130.43M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $138.61M USD Point-in-time
Other liabilities, net OtherLiabilities $126.27M USD Point-in-time
Other liabilities, net OtherLiabilities $161.28M USD Point-in-time
Total liabilities Liabilities $2.30B USD Point-in-time
Total liabilities Liabilities $2.49B USD Point-in-time
Commitments and Contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and Contingencies CommitmentsAndContingencies - USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCarryingAmount $665.62M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCarryingAmount $609.13M 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 117,955 shares issued and outstanding as of June 30, 2018 and December 31, 2017 CommonStockValue $1.18M USD Point-in-time
Common shares, $0.01 par value - 500,000 shares authorized and 117,955 shares issued and outstanding as of June 30, 2018 and December 31, 2017 CommonStockValue $1.18M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $3.04B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $3.06B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-105.96M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-95.81M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $19.66M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $1.61M USD Point-in-time
Shareholders' equity / Former parent equity StockholdersEquity $2.95B USD Point-in-time
Shareholders' equity / Former parent equity StockholdersEquity $2.97B USD Point-in-time
Noncontrolling interests in consolidated subsidiaries MinorityInterest $4.21M USD Point-in-time
Noncontrolling interests in consolidated subsidiaries MinorityInterest $3.59M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.12B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.97B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.95B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.16B USD Point-in-time
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY LiabilitiesAndStockholdersEquity $6.07B USD Point-in-time
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY LiabilitiesAndStockholdersEquity $5.91B USD Point-in-time
Income Statement 121 line items
Line Item Tag Value Unit Period
Property rentals OperatingLeasesIncomeStatementLeaseRevenue $100.75M USD 1 Quarter
Property rentals OperatingLeasesIncomeStatementLeaseRevenue $199.77M USD 2 Qtrs
Property rentals OperatingLeasesIncomeStatementLeaseRevenue $251.89M USD 2 Qtrs
Property rentals OperatingLeasesIncomeStatementLeaseRevenue $125.24M USD 1 Quarter
Tenant reimbursements TenantReimbursements $18.91M USD 2 Qtrs
Tenant reimbursements TenantReimbursements $8.95M USD 1 Quarter
Tenant reimbursements TenantReimbursements $17.49M USD 2 Qtrs
Tenant reimbursements TenantReimbursements $7.97M USD 1 Quarter
Third-party real estate services, including reimbursements ManagementFeesRevenue $6.79M USD 1 Quarter
Third-party real estate services, including reimbursements ManagementFeesRevenue $24.16M USD 1 Quarter
Third-party real estate services, including reimbursements ManagementFeesRevenue $13.92M USD 2 Qtrs
Third-party real estate services, including reimbursements ManagementFeesRevenue $48.49M USD 2 Qtrs
Other income OtherIncome $2.08M USD 1 Quarter
Other income OtherIncome $1.53M USD 1 Quarter
Other income OtherIncome $3.11M USD 2 Qtrs
Other income OtherIncome $3.20M USD 2 Qtrs
Total revenue Revenues $234.29M USD 2 Qtrs
Total revenue Revenues $159.45M USD 1 Quarter
Total revenue Revenues $322.48M USD 2 Qtrs
Total revenue Revenues $118.02M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $97.28M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $48.12M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $31.99M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $65.78M USD 2 Qtrs
Property operating CostOfOtherPropertyOperatingExpense $61.28M USD 2 Qtrs
Property operating CostOfOtherPropertyOperatingExpense $30.42M USD 1 Quarter
Property operating CostOfOtherPropertyOperatingExpense $23.95M USD 1 Quarter
Property operating CostOfOtherPropertyOperatingExpense $47.74M USD 2 Qtrs
Real estate taxes RealEstateTaxExpense $15.58M USD 1 Quarter
Real estate taxes RealEstateTaxExpense $30.75M USD 2 Qtrs
Real estate taxes RealEstateTaxExpense $37.12M USD 2 Qtrs
Real estate taxes RealEstateTaxExpense $17.51M USD 1 Quarter
Corporate and other OtherGeneralAndAdministrativeExpense $12.65M USD 1 Quarter
Corporate and other OtherGeneralAndAdministrativeExpense $25.36M USD 2 Qtrs
Corporate and other OtherGeneralAndAdministrativeExpense $11.55M USD 1 Quarter
Corporate and other OtherGeneralAndAdministrativeExpense $24.94M USD 2 Qtrs
Third-party real estate services ManagementFeeExpense $9.18M USD 2 Qtrs
Third-party real estate services ManagementFeeExpense $21.19M USD 1 Quarter
Third-party real estate services ManagementFeeExpense $43.80M USD 2 Qtrs
Third-party real estate services ManagementFeeExpense $4.49M USD 1 Quarter
Share-based compensation related to Formation Transaction AllocatedSharebasedCompensationExpenseFormationTransaction $18.52M USD 2 Qtrs
Share-based compensation related to Formation Transaction AllocatedSharebasedCompensationExpenseFormationTransaction - USD 2 Qtrs
Share-based compensation related to Formation Transaction AllocatedSharebasedCompensationExpenseFormationTransaction - USD 1 Quarter
Share-based compensation related to Formation Transaction AllocatedSharebasedCompensationExpenseFormationTransaction $9.10M USD 1 Quarter
Transaction and other costs BusinessCombinationAcquisitionRelatedCosts $11.08M USD 2 Qtrs
Transaction and other costs BusinessCombinationAcquisitionRelatedCosts $5.24M USD 1 Quarter
Transaction and other costs BusinessCombinationAcquisitionRelatedCosts $8.01M USD 2 Qtrs
Transaction and other costs BusinessCombinationAcquisitionRelatedCosts $3.79M USD 1 Quarter
Operating Expenses OperatingExpenses $92.81M USD 1 Quarter
Operating Expenses OperatingExpenses $189.47M USD 2 Qtrs
Operating Expenses OperatingExpenses $142.77M USD 1 Quarter
Operating Expenses OperatingExpenses $291.37M USD 2 Qtrs
OPERATING INCOME OperatingIncomeLoss $25.21M USD 1 Quarter
OPERATING INCOME OperatingIncomeLoss $44.82M USD 2 Qtrs
OPERATING INCOME OperatingIncomeLoss $16.68M USD 1 Quarter
OPERATING INCOME OperatingIncomeLoss $31.12M USD 2 Qtrs
Income from unconsolidated real estate ventures, net IncomeLossFromEquityMethodInvestments $1.93M USD 2 Qtrs
Income from unconsolidated real estate ventures, net IncomeLossFromEquityMethodInvestments $314.00K USD 2 Qtrs
Income from unconsolidated real estate ventures, net IncomeLossFromEquityMethodInvestments $105.00K USD 1 Quarter
Income from unconsolidated real estate ventures, net IncomeLossFromEquityMethodInvestments $3.84M USD 1 Quarter
Interest and other income, net InvestmentIncomeNet $1.75M USD 2 Qtrs
Interest and other income, net InvestmentIncomeNet $970.00K USD 1 Quarter
Interest and other income, net InvestmentIncomeNet $1.09M USD 2 Qtrs
Interest and other income, net InvestmentIncomeNet $513.00K USD 1 Quarter
Interest expense InterestExpense $14.59M USD 1 Quarter
Interest expense InterestExpense $18.03M USD 1 Quarter
Interest expense InterestExpense $37.28M USD 2 Qtrs
Interest expense InterestExpense $28.50M USD 2 Qtrs
Gains (Losses) on Sales of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate - USD 1 Quarter
Gains (Losses) on Sales of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate - USD 2 Qtrs
Gains (Losses) on Sales of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate $33.40M USD 1 Quarter
Gains (Losses) on Sales of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate $33.85M USD 2 Qtrs
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 2 Qtrs
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-4.46M USD 2 Qtrs
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-4.46M USD 1 Quarter
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Bargain Purchase, Reduction Of Gain BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentBargainPurchaseReductionOfGain - USD 1 Quarter
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Bargain Purchase, Reduction Of Gain BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentBargainPurchaseReductionOfGain $-7.61M USD 2 Qtrs
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Bargain Purchase, Reduction Of Gain BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentBargainPurchaseReductionOfGain - USD 2 Qtrs
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Bargain Purchase, Reduction Of Gain BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentBargainPurchaseReductionOfGain $-7.61M USD 1 Quarter
INCOME BEFORE INCOME TAX (EXPENSE) BENEFIT IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $24.34M USD 1 Quarter
INCOME BEFORE INCOME TAX (EXPENSE) BENEFIT IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $18.64M USD 2 Qtrs
INCOME BEFORE INCOME TAX (EXPENSE) BENEFIT IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $11.70M USD 1 Quarter
INCOME BEFORE INCOME TAX (EXPENSE) BENEFIT IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $18.38M USD 2 Qtrs
Income tax (expense) benefit IncomeTaxExpenseBenefit $363.00K USD 1 Quarter
Income tax (expense) benefit IncomeTaxExpenseBenefit $313.00K USD 1 Quarter
Income tax (expense) benefit IncomeTaxExpenseBenefit $-595.00K USD 2 Qtrs
Income tax (expense) benefit IncomeTaxExpenseBenefit $717.00K USD 2 Qtrs
NET INCOME ProfitLoss $19.24M USD 2 Qtrs
NET INCOME ProfitLoss $17.66M USD 2 Qtrs
NET INCOME ProfitLoss $24.02M USD 1 Quarter
NET INCOME ProfitLoss $11.34M USD 1 Quarter
Net income attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest - USD 1 Quarter
Net income attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $3.57M USD 1 Quarter
Net income attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $2.98M USD 2 Qtrs
Net income attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest - USD 2 Qtrs
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest - USD 1 Quarter
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest - USD 2 Qtrs
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-125.00K USD 1 Quarter
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-127.00K USD 2 Qtrs
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS NetIncomeLoss $16.38M USD 2 Qtrs
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS NetIncomeLoss $20.57M USD 1 Quarter
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS NetIncomeLoss $17.66M USD 2 Qtrs
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS NetIncomeLoss $11.34M USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.17 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.18 USD 2 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $0.11 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.14 USD 2 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $0.18 USD 2 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $0.11 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.14 USD 2 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $0.17 USD 1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - basic and diluted (in shares) WeightedAverageNumberOfShareOutstandingBasicAndDiluted 100.57M shares 2 Qtrs
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - basic and diluted (in shares) WeightedAverageNumberOfShareOutstandingBasicAndDiluted 117.95M shares 1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - basic and diluted (in shares) WeightedAverageNumberOfShareOutstandingBasicAndDiluted 117.95M shares 2 Qtrs
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - basic and diluted (in shares) WeightedAverageNumberOfShareOutstandingBasicAndDiluted 100.57M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 100.57M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 117.95M shares 2 Qtrs
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 100.57M shares 2 Qtrs
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 117.95M shares 1 Quarter
Cash Flow Statement 119 line items
Line Item Tag Value Unit Period
Capitalized interest InterestPaidCapitalized $4.67M USD 1 Quarter
Capitalized interest InterestPaidCapitalized $9.18M USD 2 Qtrs
Capitalized interest InterestPaidCapitalized $917.00K USD 2 Qtrs
Capitalized interest InterestPaidCapitalized $462.00K USD 1 Quarter
Net income ProfitLoss $19.24M USD 2 Qtrs
Interest Costs Capitalized InterestCostsCapitalizedMortgagesPayableDeferredInterest $1.41M USD 2 Qtrs
Net income ProfitLoss $17.66M USD 2 Qtrs
Net income ProfitLoss $24.02M USD 1 Quarter
Net income ProfitLoss $11.34M USD 1 Quarter
Share-based compensation expense ShareBasedCompensation $1.29M USD 2 Qtrs
Share-based compensation expense ShareBasedCompensation $27.28M USD 2 Qtrs
Depreciation and amortization, including amortization of debt issuance costs DepreciationDepletionAndAmortization $66.56M USD 2 Qtrs
Depreciation and amortization, including amortization of debt issuance costs DepreciationDepletionAndAmortization $99.31M USD 2 Qtrs
Deferred rent StraightLineRent $6.26M USD 2 Qtrs
Deferred rent StraightLineRent $6.83M USD 2 Qtrs
Income from unconsolidated real estate ventures, net IncomeLossFromEquityMethodInvestments $1.93M USD 2 Qtrs
Income from unconsolidated real estate ventures, net IncomeLossFromEquityMethodInvestments $314.00K USD 2 Qtrs
Income from unconsolidated real estate ventures, net IncomeLossFromEquityMethodInvestments $105.00K USD 1 Quarter
Income from unconsolidated real estate ventures, net IncomeLossFromEquityMethodInvestments $3.84M USD 1 Quarter
Amortization of above- and below-market lease intangibles, net AmortizationOfAcquiredBelowMarketLeaseNetOfAcquiredAboveMarketLease $-143.00K USD 2 Qtrs
Amortization of above- and below-market lease intangibles, net AmortizationOfAcquiredBelowMarketLeaseNetOfAcquiredAboveMarketLease $687.00K USD 2 Qtrs
Amortization of lease incentives AmortizationOfLeaseIncentives $1.51M USD 2 Qtrs
Amortization of lease incentives AmortizationOfLeaseIncentives $3.15M USD 2 Qtrs
Return on capital from unconsolidated real estate ventures EquityMethodInvestmentDividendsOrDistributions $5.40M USD 1 Quarter
Return on capital from unconsolidated real estate ventures EquityMethodInvestmentDividendsOrDistributions $628.00K USD 2 Qtrs
Return on capital from unconsolidated real estate ventures EquityMethodInvestmentDividendsOrDistributions $5.17M USD 2 Qtrs
Gain on sale of real estate GainsLossesOnSalesOfInvestmentRealEstate - USD 1 Quarter
Gain on sale of real estate GainsLossesOnSalesOfInvestmentRealEstate - USD 2 Qtrs
Gain on sale of real estate GainsLossesOnSalesOfInvestmentRealEstate $33.40M USD 1 Quarter
Gain on sale of real estate GainsLossesOnSalesOfInvestmentRealEstate $33.85M USD 2 Qtrs
Unrealized gain on interest rate swaps and caps UnrealizedGainLossOnDerivatives - USD 2 Qtrs
Unrealized gain on interest rate swaps and caps UnrealizedGainLossOnDerivatives $1.55M USD 2 Qtrs
Unrealized gain on interest rate swaps and caps UnrealizedGainLossOnDerivatives $432.00K USD 1 Quarter
Unrealized gain on interest rate swaps and caps UnrealizedGainLossOnDerivatives - USD 1 Quarter
Bad debt expense ProvisionForDoubtfulAccounts $1.56M USD 2 Qtrs
Bad debt expense ProvisionForDoubtfulAccounts $692.00K USD 2 Qtrs
Other non-cash items OtherNoncashIncomeExpense $-829.00K USD 2 Qtrs
Other non-cash items OtherNoncashIncomeExpense $-911.00K USD 2 Qtrs
Tenant and other receivables IncreaseDecreaseInAccountsAndNotesReceivable $-5.88M USD 2 Qtrs
Tenant and other receivables IncreaseDecreaseInAccountsAndNotesReceivable $-4.47M USD 2 Qtrs
Other assets, net IncreaseDecreaseInOtherOperatingAssets $14.87M USD 2 Qtrs
Other assets, net IncreaseDecreaseInOtherOperatingAssets $5.26M USD 2 Qtrs
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-30.21M USD 2 Qtrs
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $359.00K USD 2 Qtrs
Other liabilities, net IncreaseDecreaseInOtherOperatingLiabilities $1.27M USD 2 Qtrs
Other liabilities, net IncreaseDecreaseInOtherOperatingLiabilities $-2.00M USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $72.66M USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $93.55M USD 2 Qtrs
Reduction of gain on bargain purchase BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentBargainPurchaseReductionOfGain - USD 1 Quarter
Reduction of gain on bargain purchase BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentBargainPurchaseReductionOfGain $-7.61M USD 2 Qtrs
Reduction of gain on bargain purchase BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentBargainPurchaseReductionOfGain - USD 2 Qtrs
Reduction of gain on bargain purchase BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentBargainPurchaseReductionOfGain $-7.61M USD 1 Quarter
Development costs, construction in progress and real estate additions PaymentsToAcquireAndDevelopRealEstate $54.75M USD 2 Qtrs
Development costs, construction in progress and real estate additions PaymentsToAcquireAndDevelopRealEstate $165.72M USD 2 Qtrs
Proceeds from sale of real estate ProceedsFromSaleOfRealEstateHeldforinvestment - USD 2 Qtrs
Proceeds from sale of real estate ProceedsFromSaleOfRealEstateHeldforinvestment $232.88M USD 2 Qtrs
Acquisition of interests in unconsolidated real estate ventures, net of cash acquired PaymentsToAcquireEquityMethodInvestments - USD 2 Qtrs
Acquisition of interests in unconsolidated real estate ventures, net of cash acquired PaymentsToAcquireEquityMethodInvestments $386.00K USD 2 Qtrs
Distributions of capital from unconsolidated real estate ventures ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $1.35M USD 2 Qtrs
Distributions of capital from unconsolidated real estate ventures ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital - USD 2 Qtrs
Investments in and advances to unconsolidated real estate ventures PaymentsToAcquireRealEstateAndRealEstateJointVentures $14.00K USD 2 Qtrs
Investments in and advances to unconsolidated real estate ventures PaymentsToAcquireRealEstateAndRealEstateJointVentures $16.17M USD 2 Qtrs
Other investments PaymentsToAcquireOtherInvestments $665.00K USD 2 Qtrs
Other investments PaymentsToAcquireOtherInvestments $1.40M USD 2 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $51.30M USD 2 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-56.16M USD 2 Qtrs
Contributions from former parent, net ProceedsFromContributionsFromAffiliates - USD 2 Qtrs
Contributions from former parent, net ProceedsFromContributionsFromAffiliates $21.20M USD 2 Qtrs
Payments for (Proceeds from) Other Real Estate Partnerships PaymentsForProceedsFromOtherRealEstatePartnerships - USD 2 Qtrs
Payments for (Proceeds from) Other Real Estate Partnerships PaymentsForProceedsFromOtherRealEstatePartnerships $548.00K USD 2 Qtrs
Proceeds from borrowings from former parent ProceedsFromRelatedPartyDebt - USD 2 Qtrs
Proceeds from borrowings from former parent ProceedsFromRelatedPartyDebt $4.00M USD 2 Qtrs
Capital lease payments RepaymentsOfLongTermCapitalLeaseObligations - USD 2 Qtrs
Capital lease payments RepaymentsOfLongTermCapitalLeaseObligations $52.00K USD 2 Qtrs
Borrowings under mortgages payable ProceedsFromNotesPayable $41.34M USD 2 Qtrs
Borrowings under mortgages payable ProceedsFromNotesPayable $220.00M USD 2 Qtrs
Proceeds from Lines of Credit ProceedsFromLinesOfCredit $35.00M USD 2 Qtrs
Proceeds from Lines of Credit ProceedsFromLinesOfCredit - USD 2 Qtrs
Borrowings under unsecured term loan ProceedsFromIssuanceOfUnsecuredDebt - USD 2 Qtrs
Borrowings under unsecured term loan ProceedsFromIssuanceOfUnsecuredDebt $50.00M USD 2 Qtrs
Repayments of mortgages payable RepaymentsOfNotesPayable $6.69M USD 2 Qtrs
Repayments of mortgages payable RepaymentsOfNotesPayable $170.02M USD 2 Qtrs
Repayments of Lines of Credit RepaymentsOfLinesOfCredit $115.02M USD 2 Qtrs
Repayments of Lines of Credit RepaymentsOfLinesOfCredit - USD 2 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts - USD 2 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $2.93M USD 2 Qtrs
Dividends paid to common shareholders PaymentsOfDividendsCommonStock $53.08M USD 2 Qtrs
Distributions to redeemable noncontrolling interests PaymentsOfDividendsMinorityInterest $9.21M USD 2 Qtrs
Distributions to redeemable noncontrolling interests PaymentsOfDividendsMinorityInterest - USD 2 Qtrs
Distributions to noncontrolling interests PaymentsToMinorityShareholders $120.00K USD 2 Qtrs
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-221.71M USD 2 Qtrs
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $235.58M USD 2 Qtrs
Net (decrease) increase in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $252.09M USD 2 Qtrs
Net (decrease) increase in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-76.87M USD 2 Qtrs
Cash and cash equivalents and restricted cash as of the beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $284.35M USD Point-in-time
Cash and cash equivalents and restricted cash as of the beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $261.69M USD Point-in-time
Cash and cash equivalents and restricted cash as of the beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $32.26M USD Point-in-time
Cash and cash equivalents and restricted cash as of the beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $338.56M USD Point-in-time
Cash and cash equivalents and restricted cash as of the end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $284.35M USD Point-in-time
Cash and cash equivalents and restricted cash as of the end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $261.69M USD Point-in-time
Cash and cash equivalents and restricted cash as of the end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $32.26M USD Point-in-time
Cash and cash equivalents and restricted cash as of the end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $338.56M USD Point-in-time
Cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $284.35M USD Point-in-time
Cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $261.69M USD Point-in-time
Cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $32.26M USD Point-in-time
Cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $338.56M USD Point-in-time
Cash paid for interest (net of capitalized interest of $9,182 and $917 in 2018 and 2017) InterestPaidNet $31.74M USD 2 Qtrs
Cash paid for interest (net of capitalized interest of $9,182 and $917 in 2018 and 2017) InterestPaidNet $22.72M USD 2 Qtrs
Accrued capital expenditures included in accounts payable and accrued expenses CapitalExpendituresIncurredButNotYetPaid $60.73M USD 2 Qtrs
Accrued capital expenditures included in accounts payable and accrued expenses CapitalExpendituresIncurredButNotYetPaid $1.48M USD 2 Qtrs
Write-off of fully depreciated assets WriteOffOfFullyDepreciatedAssetsIncludingAssetImpairment $10.97M USD 2 Qtrs
Write-off of fully depreciated assets WriteOffOfFullyDepreciatedAssetsIncludingAssetImpairment $12.95M USD 2 Qtrs
Cash payments for income taxes IncomeTaxesPaid $49.00K USD 2 Qtrs
Cash payments for income taxes IncomeTaxesPaid $706.00K USD 2 Qtrs
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 2 Qtrs
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-4.46M USD 2 Qtrs
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-4.46M USD 1 Quarter
Stockholders Equity 29 line items
Line Item Tag Value Unit Period
Common Stock, Dividends, Per Share, Declared CommonStockDividendsPerShareDeclared $0.23 USD 2 Qtrs
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.12B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.97B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.95B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.16B USD Point-in-time
Balance at beginning of period (in shares) CommonStockSharesOutstanding 117.95M shares Point-in-time
Balance at beginning of period (in shares) CommonStockSharesOutstanding 117.95M shares Point-in-time
Net loss attributable to common shareholders NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $16.26M USD 2 Qtrs
Dividends Dividends $26.54M USD 2 Qtrs
Net income ProfitLoss $19.24M USD 2 Qtrs
Net income ProfitLoss $17.66M USD 2 Qtrs
Net income ProfitLoss $24.02M USD 1 Quarter
Net income ProfitLoss $11.34M USD 1 Quarter
Deferred compensation shares and options, net StockIssuedDuringPeriodValueEmployeeBenefitPlan $1.29M USD 2 Qtrs
Contributions from former parent, net StockholdersEquityNoteSpinoffTransaction $21.20M USD 2 Qtrs
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $487.00K USD 2 Qtrs
Redeemable noncontrolling interest redemption value adjustment and other comprehensive income allocation MinorityInterestChangeInRedemptionValue $-30.59M USD 2 Qtrs
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $5.63M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $20.76M USD 2 Qtrs
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax - USD 2 Qtrs
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax - USD 1 Quarter
Other PaymentsForProceedsFromOtherRealEstatePartnerships - USD 2 Qtrs
Other PaymentsForProceedsFromOtherRealEstatePartnerships $548.00K USD 2 Qtrs
Balance at end of period (in shares) CommonStockSharesOutstanding 117.95M shares Point-in-time
Balance at end of period (in shares) CommonStockSharesOutstanding 117.95M shares Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.12B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.97B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.95B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.16B USD Point-in-time
Comprehensive Income 36 line items
Line Item Tag Value Unit Period
NET INCOME ProfitLoss $19.24M USD 2 Qtrs
NET INCOME ProfitLoss $17.66M USD 2 Qtrs
NET INCOME ProfitLoss $24.02M USD 1 Quarter
NET INCOME ProfitLoss $11.34M USD 1 Quarter
Change in fair value of derivative financial instruments OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax - USD 2 Qtrs
Change in fair value of derivative financial instruments OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $19.31M USD 2 Qtrs
Change in fair value of derivative financial instruments OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax - USD 1 Quarter
Change in fair value of derivative financial instruments OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $5.21M USD 1 Quarter
Reclassification of net loss on derivative financial instruments from accumulated other comprehensive income into interest expense OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax - USD 2 Qtrs
Reclassification of net loss on derivative financial instruments from accumulated other comprehensive income into interest expense OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $-414.00K USD 1 Quarter
Reclassification of net loss on derivative financial instruments from accumulated other comprehensive income into interest expense OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $-1.45M USD 2 Qtrs
Reclassification of net loss on derivative financial instruments from accumulated other comprehensive income into interest expense OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax - USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $5.63M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $20.76M USD 2 Qtrs
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax - USD 2 Qtrs
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax - USD 1 Quarter
COMPREHENSIVE INCOME ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $40.00M USD 2 Qtrs
COMPREHENSIVE INCOME ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $17.66M USD 2 Qtrs
COMPREHENSIVE INCOME ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $29.65M USD 1 Quarter
COMPREHENSIVE INCOME ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $11.34M USD 1 Quarter
Net income attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest - USD 1 Quarter
Net income attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $3.57M USD 1 Quarter
Net income attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $2.98M USD 2 Qtrs
Net income attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest - USD 2 Qtrs
Other comprehensive income attributable to redeemable noncontrolling interests ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest - USD 2 Qtrs
Other comprehensive income attributable to redeemable noncontrolling interests ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest - USD 1 Quarter
Other comprehensive income attributable to redeemable noncontrolling interests ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest $-2.71M USD 2 Qtrs
Other comprehensive income attributable to redeemable noncontrolling interests ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest $-834.00K USD 1 Quarter
Net loss attributable to noncontrolling interests ComprehensiveIncomeLossNetOfTaxAttributableToNonredeemableNoncontrollingInterest $127.00K USD 2 Qtrs
Net loss attributable to noncontrolling interests ComprehensiveIncomeLossNetOfTaxAttributableToNonredeemableNoncontrollingInterest $125.00K USD 1 Quarter
Net loss attributable to noncontrolling interests ComprehensiveIncomeLossNetOfTaxAttributableToNonredeemableNoncontrollingInterest - USD 2 Qtrs
Net loss attributable to noncontrolling interests ComprehensiveIncomeLossNetOfTaxAttributableToNonredeemableNoncontrollingInterest - USD 1 Quarter
COMPREHENSIVE INCOME ATTRIBUTABLE TO JBG SMITH PROPERTIES ComprehensiveIncomeNetOfTax $11.34M USD 1 Quarter
COMPREHENSIVE INCOME ATTRIBUTABLE TO JBG SMITH PROPERTIES ComprehensiveIncomeNetOfTax $25.37M USD 1 Quarter
COMPREHENSIVE INCOME ATTRIBUTABLE TO JBG SMITH PROPERTIES ComprehensiveIncomeNetOfTax $34.43M USD 2 Qtrs
COMPREHENSIVE INCOME ATTRIBUTABLE TO JBG SMITH PROPERTIES ComprehensiveIncomeNetOfTax $17.66M USD 2 Qtrs

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

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