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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenue      
Base rent $ 2,049,368 $ 2,017,767 $ 1,964,732
Recoveries from tenants 367,500 358,975 355,508
Parking and other 105,000 100,910 101,981
Total rental revenue 2,521,868 2,477,652 2,422,221
Hotel revenue 45,603 44,884 46,046
Development and management services 34,605 28,284 22,554
Total revenue 2,602,076 2,550,820 2,490,821
Expenses      
Rental 929,977 889,768 872,252
Hotel 32,059 31,466 32,084
General and administrative 113,715 105,229 96,319
Transaction costs 668 2,387 1,259
Impairment loss 0 1,783 0
Depreciation and amortization 617,547 694,403 639,542
Total expenses 1,693,966 1,725,036 1,641,456
Operating income 908,110 825,784 849,365
Other income (expense)      
Income from unconsolidated joint ventures 11,232 8,074 22,770
Gain on sale of investment in unconsolidated joint venture 0 59,370 0
Interest and other income 5,783 7,230 6,777
Gains (losses) from investments in securities 3,678 2,273 (653)
Interest expense (374,481) (412,849) (432,196)
Gains (losses) from early extinguishments of debt 496 (371) (22,040)
Losses from interest rate contracts 0 (140) 0
Income before gains on sales of real estate 554,818 489,371 424,023
Gains on sales of real estate 7,663 80,606 375,895
Net income 562,481 569,977 799,918
Net income attributable to noncontrolling interests      
Noncontrolling interests in property partnerships (47,832) 2,068 (149,855)
Noncontrolling interest - redeemable preferred units 0 0 (6)
Noncontrolling interest - common units of the Operating Partnership (52,210) (59,260) (66,951)
Net income attributable to the Company 462,439 512,785 583,106
Preferred dividends / distributions (10,500) (10,500) (10,500)
Net income attributable to the Company's common shareholders / unitholders $ 451,939 $ 502,285 $ 572,606
Basic earnings per common share / unit attributable to the Company      
Net income (in dollars per share / unit) $ 2.93 $ 3.27 $ 3.73
Weighted average number of common shares / units outstanding (in shares / units) 154,190 153,715 153,471
Diluted earnings per common share / unit attributable to the Company      
Diluted Earnings: Net income, Per Share / Unit Amount (in dollars per share / unit) $ 2.93 $ 3.26 $ 3.72
Weighted average number of common and common equivalent shares / units outstanding (in shares / units) 154,390 153,977 153,844
Dividends/Distributions per common share/unit $ 3.05 $ 2.70 $ 3.85
Boston Properties Limited Partnership      
Revenue      
Base rent $ 2,049,368 $ 2,017,767 $ 1,964,732
Recoveries from tenants 367,500 358,975 355,508
Parking and other 105,000 100,910 101,981
Total rental revenue 2,521,868 2,477,652 2,422,221
Hotel revenue 45,603 44,884 46,046
Development and management services 34,605 28,284 22,554
Total revenue 2,602,076 2,550,820 2,490,821
Expenses      
Rental 929,977 889,768 872,252
Hotel 32,059 31,466 32,084
General and administrative 113,715 105,229 96,319
Transaction costs 668 2,387 1,259
Impairment loss 0 1,783 0
Depreciation and amortization 609,407 682,776 631,549
Total expenses 1,685,826 1,713,409 1,633,463
Operating income 916,250 837,411 857,358
Other income (expense)      
Income from unconsolidated joint ventures 11,232 8,074 22,770
Gain on sale of investment in unconsolidated joint venture 0 59,370 0
Interest and other income 5,783 7,230 6,777
Gains (losses) from investments in securities 3,678 2,273 (653)
Interest expense (374,481) (412,849) (432,196)
Gains (losses) from early extinguishments of debt 496 (371) (22,040)
Losses from interest rate contracts 0 (140) 0
Income before gains on sales of real estate 562,958 500,998 432,016
Gains on sales of real estate 8,240 82,775 377,093
Net income 571,198 583,773 809,109
Net income attributable to noncontrolling interests      
Noncontrolling interests in property partnerships (47,832) 2,068 (149,855)
Noncontrolling interest - redeemable preferred units 0 0 (6)
Net income attributable to the Company 523,366 585,841 659,248
Preferred dividends / distributions (10,500) (10,500) (10,500)
Net income attributable to the Company's common shareholders / unitholders $ 512,866 $ 575,341 $ 648,748
Basic earnings per common share / unit attributable to the Company      
Net income (in dollars per share / unit) $ 2.99 $ 3.36 $ 3.79
Weighted average number of common shares / units outstanding (in shares / units) 171,661 171,361 171,139
Diluted earnings per common share / unit attributable to the Company      
Diluted Earnings: Net income, Per Share / Unit Amount (in dollars per share / unit) $ 2.98 $ 3.35 $ 3.78
Weighted average number of common and common equivalent shares / units outstanding (in shares / units) 171,861 171,623 171,512
Dividends/Distributions per common share/unit $ 3.05 $ 2.70 $ 3.85