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Summary Of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2015
Summary Of Significant Accounting Policies [Abstract]  
Net Income Allocation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

 

2013

Net income allocable to noncontrolling interests:

 

 

 

 

 

 

 

 

Noncontrolling interests — common units

$

18,495 

 

$

30,729 

 

$

12,952 

Total net income allocable to noncontrolling interests

 

18,495 

 

 

30,729 

 

 

12,952 

Net income allocable to PS Business Parks, Inc.:

 

 

 

 

 

 

 

 

Preferred shareholders:

 

 

 

 

 

 

 

 

Distributions to preferred shareholders

 

59,398 

 

 

60,488 

 

 

59,216 

Non-cash distributions related to the redemption of

 

 

 

 

 

 

 

 

preferred stock

 

2,487 

 

 

 

 

Total net income allocable to preferred shareholders

 

61,885 

 

 

60,488 

 

 

59,216 

Restricted stock unit holders

 

299 

 

 

329 

 

 

125 

Common shareholders

 

68,291 

 

 

113,154 

 

 

43,851 

Total net income allocable to PS Business Parks, Inc.

 

130,475 

 

 

173,971 

 

 

103,192 

Net income

$

148,970 

 

$

204,700 

 

$

116,144 

 

Calculation Of Earnings Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

 

2013

Net income allocable to common shareholders

$

68,291 

 

$

113,154 

 

$

43,851 

Weighted average common shares outstanding:

 

 

 

 

 

 

 

 

Basic weighted average common shares outstanding

 

26,973 

 

 

26,899 

 

 

24,732 

Net effect of dilutive stock compensation — based on

 

 

 

 

 

 

 

 

treasury stock method using average market price

 

78 

 

 

101 

 

 

101 

Diluted weighted average common shares outstanding

 

27,051 

 

 

27,000 

 

 

24,833 

Net income per common share — Basic

$

2.53 

 

$

4.21 

 

$

1.77 

Net income per common share — Diluted

$

2.52 

 

$

4.19 

 

$

1.77