Real Estate (Tables)

9 Months Ended

Sep. 30, 2020

Boston Properties, Inc.

Real estate consisted of the following at September 30, 2020 and December 31, 2019 (in thousands):


	September 30, 2020		December 31, 2019
Land	$	5,069,206	$	5,111,606
Right of use assets - finance leases	237,382		237,394
Right of use assets - operating leases	146,973		148,640
Land held for future development (1)	446,392		254,828
Buildings and improvements	13,748,127		13,646,054
Tenant improvements	2,687,911		2,656,439
Furniture, fixtures and equipment	49,209		44,313
Construction in progress	769,846		789,736
Total	23,155,046		22,889,010
Less: Accumulated depreciation	(5,413,709)		(5,266,798)
	$	17,741,337	$	17,622,212

_______________

(1)Includes pre-development costs.

Boston Properties Limited Partnership

Real estate consisted of the following at September 30, 2020 and December 31, 2019 (in thousands):


	September 30, 2020		December 31, 2019
Land	$	4,971,990	$	5,011,153
Right of use assets - finance leases	237,382		237,394
Right of use assets - operating leases	146,973		148,640
Land held for future development (1)	446,392		254,828
Buildings and improvements	13,468,534		13,351,286
Tenant improvements	2,687,911		2,656,439
Furniture, fixtures and equipment	49,209		44,313
Construction in progress	769,846		789,736
Total	22,778,237		22,493,789
Less: Accumulated depreciation	(5,309,930)		(5,162,908)
	$	17,468,307	$	17,330,881

_______________

(1)Includes pre-development costs.