CONSOLIDATED STATEMENTS OF PARTNERS’ EQUITY - BRANDYWINE OPERATING PARTNERSHIP, L.P. - USD ($)
$ in Thousands |
Total |
Brandywine Operating Partnership, L.P. |
Accumulated Other Comprehensive Income (Loss) |
Accumulated Other Comprehensive Income (Loss)
Brandywine Operating Partnership, L.P.
|
Noncontrolling Interest - Consolidated Real Estate Ventures |
Noncontrolling Interest - Consolidated Real Estate Ventures
Brandywine Operating Partnership, L.P.
|
General Partner Capital
Brandywine Operating Partnership, L.P.
|
| Beginning balance (in shares) at Dec. 31, 2024 |
|
|
|
|
|
|
172,665,995
|
| Beginning balance at Dec. 31, 2024 |
|
$ 1,041,717
|
|
$ 2,190
|
|
$ 2,815
|
$ 1,036,712
|
| Increase (Decrease) in Partners' Capital [Roll Forward] |
|
|
|
|
|
|
|
| Net loss |
$ (27,056)
|
(27,056)
|
|
|
$ (81)
|
|
$ (27,056)
|
| Other comprehensive income (loss) |
(2,552)
|
(2,552)
|
$ (2,544)
|
(2,552)
|
(8)
|
|
|
| Deferred compensation obligation (in shares) |
|
|
|
|
|
|
(54,808)
|
| Deferred compensation obligation |
(406)
|
(406)
|
|
|
|
|
$ (406)
|
| Share-based compensation activity (in shares) |
|
|
|
|
|
|
439,776
|
| Share-based compensation activity |
11,298
|
11,298
|
|
|
|
|
$ 11,298
|
| Adjustment of redeemable partnership units to liquidation value at period end |
|
476
|
|
|
|
|
476
|
| Distributions declared to general partnership unit holders |
|
(26,398)
|
|
|
|
|
$ (26,398)
|
| Ending balance (in shares) at Mar. 31, 2025 |
|
|
|
|
|
|
173,050,963
|
| Ending balance at Mar. 31, 2025 |
|
997,079
|
|
(362)
|
|
2,815
|
$ 994,626
|
| Beginning balance (in shares) at Dec. 31, 2024 |
|
|
|
|
|
|
172,665,995
|
| Beginning balance at Dec. 31, 2024 |
|
1,041,717
|
|
2,190
|
|
2,815
|
$ 1,036,712
|
| Increase (Decrease) in Partners' Capital [Roll Forward] |
|
|
|
|
|
|
|
| Net loss |
(141,990)
|
(141,990)
|
|
|
|
|
|
| Other comprehensive income (loss) |
(4,090)
|
(4,090)
|
|
|
|
|
|
| Ending balance (in shares) at Sep. 30, 2025 |
|
|
|
|
|
|
173,699,039
|
| Ending balance at Sep. 30, 2025 |
|
844,671
|
|
(1,900)
|
|
2,814
|
$ 843,757
|
| Beginning balance (in shares) at Mar. 31, 2025 |
|
|
|
|
|
|
173,050,963
|
| Beginning balance at Mar. 31, 2025 |
|
997,079
|
|
(362)
|
|
2,815
|
$ 994,626
|
| Increase (Decrease) in Partners' Capital [Roll Forward] |
|
|
|
|
|
|
|
| Net loss |
(88,936)
|
(88,936)
|
|
|
(267)
|
|
$ (88,936)
|
| Other comprehensive income (loss) |
(1,099)
|
(1,099)
|
(1,095)
|
(1,099)
|
(4)
|
|
|
| Deferred compensation obligation (in shares) |
|
|
|
|
|
|
(75,638)
|
| Deferred compensation obligation |
(42)
|
(42)
|
|
|
|
|
$ (42)
|
| Share-based compensation activity (in shares) |
|
|
|
|
|
|
726,852
|
| Share-based compensation activity |
2,380
|
2,379
|
|
|
|
|
$ 2,379
|
| Adjustment of redeemable partnership units to liquidation value at period end |
|
53
|
|
|
|
|
53
|
| Distributions declared to general partnership unit holders |
|
(26,380)
|
|
|
|
|
$ (26,380)
|
| Ending balance (in shares) at Jun. 30, 2025 |
|
|
|
|
|
|
173,702,177
|
| Ending balance at Jun. 30, 2025 |
|
883,054
|
|
(1,461)
|
|
2,815
|
$ 881,700
|
| Increase (Decrease) in Partners' Capital [Roll Forward] |
|
|
|
|
|
|
|
| Net loss |
(25,998)
|
(25,998)
|
|
|
(79)
|
(1)
|
$ (25,997)
|
| Other comprehensive income (loss) |
(439)
|
(439)
|
(438)
|
(439)
|
(1)
|
|
|
| Deferred compensation obligation (in shares) |
|
|
|
|
|
|
(3,138)
|
| Deferred compensation obligation |
0
|
0
|
|
|
|
|
|
| Share-based compensation activity |
2,207
|
2,207
|
|
|
|
|
2,207
|
| Adjustment of redeemable partnership units to liquidation value at period end |
|
(84)
|
|
|
|
|
(84)
|
| Distributions declared to general partnership unit holders |
|
(14,069)
|
|
|
|
|
$ (14,069)
|
| Ending balance (in shares) at Sep. 30, 2025 |
|
|
|
|
|
|
173,699,039
|
| Ending balance at Sep. 30, 2025 |
|
844,671
|
|
(1,900)
|
|
2,814
|
$ 843,757
|
| Beginning balance (in shares) at Dec. 31, 2025 |
|
|
|
|
|
|
173,699,039
|
| Beginning balance at Dec. 31, 2025 |
|
796,353
|
|
(1,781)
|
|
2,732
|
$ 795,402
|
| Increase (Decrease) in Partners' Capital [Roll Forward] |
|
|
|
|
|
|
|
| Net loss |
(48,804)
|
(48,804)
|
|
|
(213)
|
(67)
|
$ (48,737)
|
| Other comprehensive income (loss) |
1,567
|
1,567
|
1,563
|
1,567
|
4
|
|
|
| Deferred compensation obligation (in shares) |
|
|
|
|
|
|
(12,125)
|
| Deferred compensation obligation |
(399)
|
(402)
|
|
|
|
|
$ (402)
|
| Repurchase and retirement of LP units (in shares) |
|
|
|
|
|
|
(700,000)
|
| Repurchase and retirement of LP units |
|
(2,170)
|
|
|
|
|
$ (2,170)
|
| Share-based compensation activity (in shares) |
|
|
|
|
|
|
724,931
|
| Share-based compensation activity |
5,400
|
5,400
|
|
|
|
|
$ 5,400
|
| Adjustment of redeemable partnership units to liquidation value at period end |
|
117
|
|
|
|
|
117
|
| Distributions declared to general partnership unit holders |
|
(14,215)
|
|
|
|
|
$ (14,215)
|
| Ending balance (in shares) at Mar. 31, 2026 |
|
|
|
|
|
|
173,711,845
|
| Ending balance at Mar. 31, 2026 |
|
737,846
|
|
(214)
|
|
2,665
|
$ 735,395
|
| Beginning balance (in shares) at Dec. 31, 2025 |
|
|
|
|
|
|
173,699,039
|
| Beginning balance at Dec. 31, 2025 |
|
796,353
|
|
(1,781)
|
|
2,732
|
$ 795,402
|
| Increase (Decrease) in Partners' Capital [Roll Forward] |
|
|
|
|
|
|
|
| Net loss |
(102,481)
|
(102,481)
|
|
|
|
|
|
| Other comprehensive income (loss) |
6,720
|
6,720
|
|
|
|
|
|
| Ending balance (in shares) at Sep. 30, 2026 |
|
|
|
|
|
|
170,026,338
|
| Ending balance at Sep. 30, 2026 |
|
649,674
|
|
4,939
|
|
2,600
|
$ 642,135
|
| Beginning balance (in shares) at Mar. 31, 2026 |
|
|
|
|
|
|
173,711,845
|
| Beginning balance at Mar. 31, 2026 |
|
737,846
|
|
(214)
|
|
2,665
|
$ 735,395
|
| Increase (Decrease) in Partners' Capital [Roll Forward] |
|
|
|
|
|
|
|
| Net loss |
(31,535)
|
(31,535)
|
|
|
(125)
|
(30)
|
$ (31,505)
|
| Other comprehensive income (loss) |
449
|
449
|
447
|
449
|
2
|
|
|
| Share-based compensation activity (in shares) |
|
|
|
|
|
|
900,011
|
| Share-based compensation activity |
2,067
|
2,067
|
|
|
|
|
$ 2,067
|
| Adjustment of redeemable partnership units to liquidation value at period end |
|
(342)
|
|
|
|
|
(342)
|
| Distributions declared to general partnership unit holders |
|
(14,216)
|
|
|
|
|
(14,216)
|
| Distributions to Noncontrolling interest holders |
(15)
|
(15)
|
|
|
|
|
$ (15)
|
| Ending balance (in shares) at Jun. 30, 2026 |
|
|
|
|
|
|
174,611,856
|
| Ending balance at Jun. 30, 2026 |
|
694,254
|
|
235
|
|
2,635
|
$ 691,384
|
| Increase (Decrease) in Partners' Capital [Roll Forward] |
|
|
|
|
|
|
|
| Net loss |
(22,142)
|
(22,142)
|
|
|
(108)
|
(35)
|
$ (22,107)
|
| Other comprehensive income (loss) |
4,704
|
4,704
|
$ 4,689
|
4,704
|
$ 15
|
|
|
| Deferred compensation obligation (in shares) |
|
|
|
|
|
|
(34,962)
|
| Deferred compensation obligation |
(108)
|
(108)
|
|
|
|
|
$ (108)
|
| Repurchase and retirement of LP units (in shares) |
|
|
|
|
|
|
(4,666,266)
|
| Repurchase and retirement of LP units |
|
(14,896)
|
|
|
|
|
$ (14,896)
|
| Share-based compensation activity (in shares) |
|
|
|
|
|
|
115,710
|
| Share-based compensation activity |
1,680
|
1,680
|
|
|
|
|
$ 1,680
|
| Adjustment of redeemable partnership units to liquidation value at period end |
|
141
|
|
|
|
|
141
|
| Distributions declared to general partnership unit holders |
|
(13,830)
|
|
|
|
|
(13,830)
|
| Distributions to Noncontrolling interest holders |
$ (129)
|
(129)
|
|
|
|
|
$ (129)
|
| Ending balance (in shares) at Sep. 30, 2026 |
|
|
|
|
|
|
170,026,338
|
| Ending balance at Sep. 30, 2026 |
|
$ 649,674
|
|
$ 4,939
|
|
$ 2,600
|
$ 642,135
|