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Selected Quarterly Financial Data (Unaudited) Summary Of Quarterly Financial Data (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]                      
Revenue $ 223,957 $ 217,953 $ 208,049 $ 207,389 $ 204,109 $ 201,157 $ 197,981 $ 198,344 $ 857,348 $ 801,591 $ 744,012
Operating income 83,157 84,497 83,090 81,544 83,477 80,461 80,135 76,922 332,288 320,995 300,154
Net income 52,785 [1] 108,882 [1] 78,133 [1] 58,070 59,724 61,198 [2] 58,898 79,063 [2] 297,870 258,883 218,424
NET INCOME ATTRIBUTABLE TO THE TRUST 50,656 [1] 106,777 [1] 76,291 [1] 56,190 58,037 58,977 [2] 55,941 76,955 [2] 289,914 249,910 210,219
Net income available for common shareholders $ 48,645 [1] $ 106,600 [1] $ 76,156 [1] $ 56,055 $ 57,902 $ 58,841 [2] $ 55,806 $ 76,820 [2] $ 287,456 $ 249,369 $ 209,678
Earnings Per Common Share, Basic $ 0.67 [1] $ 1.47 [1] $ 1.05 [1] $ 0.78 $ 0.81 $ 0.82 [2] $ 0.79 $ 1.10 [2] $ 3.97 $ 3.51 $ 3.04
Net income available for common shareholders $ 0.67 [1] $ 1.47 [1] $ 1.05 [1] $ 0.78 $ 0.80 $ 0.82 [2] $ 0.78 $ 1.10 [2] $ 3.97 $ 3.50 $ 3.03
[1] Second quarter 2017 includes a $15.4 million gain related to the sale of three ground lease parcels at our Assembly Row property in Somerville, Massachusetts. Third quarter 2017 includes a $50.8 million gain on sale of real estate from our 150 Post Street and North Lake Commons properties. Fourth quarter 2017 includes a $6.5 million gain related to the sale of a parcel of land at our Bethesda Row property. Additionally, second, third, and fourth quarter 2017 include net percentage-of-completion gains of $3.3 million, $0.6 million, and $1.5 million, respectively, related to condominiums under binding contract at our Assembly Row property. All of these transactions are further discussed in Note 3. Fourth quarter 2017 includes a $12.3 million early extinguishment of debt charge as further discussed in Note 5.
[2] First quarter 2016 includes a $25.7 million gain on change in control of interests from our Clarion Partners acquisition as further discussed in Note 3. Third quarter 2016 includes a $4.9 million gain on sale from the reversal of our warranty reserve on condominiums sold at Santana Row as further discussed in Note 7.