v3.26.1
Redeemable Noncontrolling Interests (Tables)
3 Months Ended
Mar. 31, 2026
Redeemable Noncontrolling Interests  
Summary of redeemable noncontrolling interests

Three Months Ended March 31, 

2026

2025

Consolidated

JBG

Real Estate

JBG

SMITH LP

  ​ ​

Venture

  ​ ​

Total

  ​ ​

SMITH LP

(In thousands)

Balance, beginning of period

$

397,831

$

113,511

$

511,342

$

423,632

Redemptions

 

(7,825)

 

 

(7,825)

 

(9,719)

LTIP Units issued in lieu of cash compensation (1)

 

3,276

 

 

3,276

 

2,074

Net loss

 

(4,277)

 

(73)

 

(4,350)

 

(7,978)

Other comprehensive income (loss)

 

1,118

 

 

1,118

 

(1,884)

Distributions, net

 

 

(730)

 

(730)

 

Share-based compensation expense

 

6,909

 

 

6,909

 

6,160

Adjustment to redemption value

 

(15,486)

 

566

 

(14,920)

 

5,951

Balance, end of period

$

381,546

$

113,274

$

494,820

$

418,236

(1)See Note 11 for additional information.