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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenue      
Base rent $ 2,103,723 $ 2,049,368 $ 2,017,767
Recoveries from tenants 402,066 367,500 358,975
Parking and other 107,421 105,000 100,910
Total rental revenue 2,613,210 2,521,868 2,477,652
Hotel revenue 49,118 45,603 44,884
Development and management services 45,158 34,605 28,284
Direct reimbursements of payroll and related costs from management services contracts 9,590 0 0
Total revenue 2,717,076 2,602,076 2,550,820
Expenses      
Rental 979,151 929,977 889,768
Hotel 33,863 32,059 31,466
General and administrative 121,722 113,715 105,229
Payroll and related costs from management services contracts 9,590 0 0
Transaction costs 1,604 668 2,387
Depreciation and amortization 645,649 617,547 694,403
Total expenses 1,791,579 1,693,966 1,723,253
Other income (expense)      
Income from unconsolidated joint ventures 2,222 11,232 8,074
Gain on sale of investment in unconsolidated joint venture 0 0 59,370
Gains on sales of real estate 182,356 7,663 80,606
Interest and other income 10,823 5,783 7,230
Gains (losses) from investments in securities (1,865) 3,678 2,273
Impairment losses (11,812) 0 (1,783)
Interest expense (378,168) (374,481) (412,849)
Gains (losses) from early extinguishments of debt (16,490) 496 (371)
Losses from interest rate contracts 0 0 (140)
Net income 712,563 562,481 569,977
Net income attributable to noncontrolling interests      
Noncontrolling interests in property partnerships (62,909) (47,832) 2,068
Noncontrolling interest - common units of the Operating Partnership (66,807) (52,210) (59,260)
Net income attributable to the Company 582,847 462,439 512,785
Preferred dividends / distributions (10,500) (10,500) (10,500)
Net income attributable to the Company's common shareholders / unitholders $ 572,347 $ 451,939 $ 502,285
Basic earnings per common share / unit attributable to the Company      
Net income (in dollars per share / unit) $ 3.71 $ 2.93 $ 3.27
Weighted average number of common shares / units outstanding (in shares / units) 154,427 154,190 153,715
Diluted earnings per common share / unit attributable to the Company      
Diluted Earnings: Net income, Per Share / Unit Amount (in dollars per share / unit) $ 3.70 $ 2.93 $ 3.26
Weighted average number of common and common equivalent shares / units outstanding (in shares / units) 154,682 154,390 153,977
Boston Properties Limited Partnership      
Revenue      
Base rent $ 2,103,723 $ 2,049,368 $ 2,017,767
Recoveries from tenants 402,066 367,500 358,975
Parking and other 107,421 105,000 100,910
Total rental revenue 2,613,210 2,521,868 2,477,652
Hotel revenue 49,118 45,603 44,884
Development and management services 45,158 34,605 28,284
Direct reimbursements of payroll and related costs from management services contracts 9,590 0 0
Total revenue 2,717,076 2,602,076 2,550,820
Expenses      
Rental 979,151 929,977 889,768
Hotel 33,863 32,059 31,466
General and administrative 121,722 113,715 105,229
Payroll and related costs from management services contracts 9,590 0 0
Transaction costs 1,604 668 2,387
Depreciation and amortization 637,891 609,407  
Total expenses 1,783,821 1,685,826 1,711,626
Other income (expense)      
Income from unconsolidated joint ventures 2,222 11,232 8,074
Gain on sale of investment in unconsolidated joint venture 0 0 59,370
Gains on sales of real estate 190,716 8,240 82,775
Interest and other income 10,823 5,783 7,230
Gains (losses) from investments in securities (1,865) 3,678 2,273
Impairment losses (10,181) 0 (1,783)
Interest expense (378,168) (374,481) (412,849)
Gains (losses) from early extinguishments of debt (16,490) 496 (371)
Losses from interest rate contracts 0 0 (140)
Net income 730,312 571,198 583,773
Net income attributable to noncontrolling interests      
Noncontrolling interests in property partnerships (62,909) (47,832) 2,068
Net income attributable to the Company 667,403 523,366 585,841
Preferred dividends / distributions (10,500) (10,500) (10,500)
Net income attributable to the Company's common shareholders / unitholders $ 656,903 $ 512,866 $ 575,341
Basic earnings per common share / unit attributable to the Company      
Net income (in dollars per share / unit) $ 3.82 $ 2.99 $ 3.36
Weighted average number of common shares / units outstanding (in shares / units) 171,912 171,661 171,361
Diluted earnings per common share / unit attributable to the Company      
Diluted Earnings: Net income, Per Share / Unit Amount (in dollars per share / unit) $ 3.81 $ 2.98 $ 3.35
Weighted average number of common and common equivalent shares / units outstanding (in shares / units) 172,167 171,861 171,623