Real Estate (Tables)

3 Months Ended

Mar. 31, 2020

Boston Properties, Inc.

Real estate consisted of the following at March 31, 2020 and December 31, 2019 (in thousands):



	March 31, 2020			December 31, 2019
Land	$	5,070,208		$	5,111,606
Right of use assets - finance leases	237,394			237,394
Right of use assets - operating leases	148,057			148,640
Land held for future development (1)	264,893			254,828
Buildings and improvements	13,517,218			13,646,054
Tenant improvements	2,641,448			2,656,439
Furniture, fixtures and equipment	44,263			44,313
Construction in progress	804,179			789,736
Total	22,727,660			22,889,010
Less: Accumulated depreciation	(5,209,487		)	(5,266,798		)
	$	17,518,173		$	17,622,212

_______________

(1)

Includes pre-development costs.

Boston Properties Limited Partnership

Real estate consisted of the following at March 31, 2020 and December 31, 2019 (in thousands):



	March 31, 2020			December 31, 2019
Land	$	4,972,992		$	5,011,153
Right of use assets - finance leases	237,394			237,394
Right of use assets - operating leases	148,057			148,640
Land held for future development (1)	264,893			254,828
Buildings and improvements	13,232,157			13,351,286
Tenant improvements	2,641,448			2,656,439
Furniture, fixtures and equipment	44,263			44,313
Construction in progress	804,179			789,736
Total	22,345,383			22,493,789
Less: Accumulated depreciation	(5,107,243		)	(5,162,908		)
	$	17,238,140		$	17,330,881

_______________

(1)

Includes pre-development costs.