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CONSOLIDATED BALANCE SHEETS - BRANDYWINE OPERATING PARTNERSHIP, L.P. - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Real estate investments:    
Operating properties $ 3,527,129 $ 3,753,780
Accumulated depreciation (1,241,465) (1,259,090)
Prepaid ground leases, net 34,156 51,399
Right of use asset - operating leases, net 12,266 17,806
Operating real estate investments, net 2,332,086 2,563,895
Construction-in-progress 85,569 118,543
Land held for development 75,134 70,405
Prepaid leasehold interests in land held for development, net 27,762 27,762
Total real estate investments, net 2,520,551 2,780,605
Cash and cash equivalents 37,870 32,284
Restricted cash and escrows 830 30,018
Accounts receivable 19,916 22,154
Assets held for sale, net 232,921 0
Accrued rent receivable, net of allowance of $369 and $424 as of June 30, 2026 and December 31, 2025, respectively 169,267 182,651
Investment in unconsolidated real estate ventures 336,851 314,326
Deferred costs, net 69,222 79,549
Intangible assets, net 13,832 22,426
Other assets 134,707 122,227
Total assets 3,535,967 3,586,240
LIABILITIES AND PARTNERS' EQUITY    
Secured term loans, net 144,260 234,079
Unsecured credit facility 149,000 0
Accounts payable and accrued expenses 136,663 143,826
Distributions payable 14,203 14,108
Deferred income, gains and rent 21,845 22,569
Intangible liabilities, net 12,355 12,713
Liabilities related to assets held for sale, net 6,775 0
Lease liability - operating leases 17,031 23,720
Other liabilities 14,189 14,588
Total liabilities 2,840,067 2,788,386
Commitments and contingencies (See Note 14)
Brandywine Operating Partnership, L.P.'s equity:    
Accumulated other comprehensive income (loss) 573 (1,437)
Total liabilities and beneficiaries' equity 3,535,967 3,586,240
Unsecured term loans, net    
LIABILITIES AND PARTNERS' EQUITY    
Unsecured loans, net 249,593 249,389
Unsecured senior notes, net    
LIABILITIES AND PARTNERS' EQUITY    
Unsecured loans, net 2,074,153 2,073,394
Brandywine Operating Partnership, L.P.    
Real estate investments:    
Operating properties 3,527,129 3,753,780
Accumulated depreciation (1,241,465) (1,259,090)
Prepaid ground leases, net 34,156 51,399
Right of use asset - operating leases, net 12,266 17,806
Operating real estate investments, net 2,332,086 2,563,895
Construction-in-progress 85,569 118,543
Land held for development 75,134 70,405
Prepaid leasehold interests in land held for development, net 27,762 27,762
Total real estate investments, net 2,520,551 2,780,605
Cash and cash equivalents 37,870 32,284
Restricted cash and escrows 830 30,018
Accounts receivable 19,916 22,154
Assets held for sale, net 232,921 0
Accrued rent receivable, net of allowance of $369 and $424 as of June 30, 2026 and December 31, 2025, respectively 169,267 182,651
Investment in unconsolidated real estate ventures 336,851 314,326
Deferred costs, net 69,222 79,549
Intangible assets, net 13,832 22,426
Other assets 134,707 122,227
Total assets 3,535,967 3,586,240
LIABILITIES AND PARTNERS' EQUITY    
Secured term loans, net 144,260 234,079
Unsecured credit facility 149,000 0
Accounts payable and accrued expenses 136,663 143,826
Distributions payable 14,203 14,108
Deferred income, gains and rent 21,845 22,569
Intangible liabilities, net 12,355 12,713
Liabilities related to assets held for sale, net 6,775 0
Lease liability - operating leases 17,031 23,720
Other liabilities 14,189 14,588
Total liabilities 2,840,067 2,788,386
Commitments and contingencies (See Note 14)
Redeemable limited partnership units at redemption value; 515,595 and 515,595 issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 1,646 1,501
Brandywine Operating Partnership, L.P.'s equity:    
General Partnership Capital; 174,611,856 and 173,699,039 units issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 691,384 795,402
Accumulated other comprehensive income (loss) 235 (1,781)
Total Brandywine Operating Partnership, L.P.'s equity 691,619 793,621
Noncontrolling interest - consolidated real estate ventures 2,635 2,732
Total partners' equity 694,254 796,353
Total liabilities and beneficiaries' equity 3,535,967 3,586,240
Brandywine Operating Partnership, L.P. | Unsecured term loans, net    
LIABILITIES AND PARTNERS' EQUITY    
Unsecured loans, net 249,593 249,389
Brandywine Operating Partnership, L.P. | Unsecured senior notes, net    
LIABILITIES AND PARTNERS' EQUITY    
Unsecured loans, net $ 2,074,153 $ 2,073,394