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Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Consolidated Statements Of Income [Abstract]        
Rental income $ 100,559 $ 107,782 $ 206,775 $ 215,607
Expenses        
Cost of operations 30,131 31,460 61,394 65,053
Depreciation and amortization 22,963 24,768 49,582 49,643
General and administrative 3,004 2,827 6,327 6,060
Total operating expenses 56,098 59,055 117,303 120,756
Interest and other income 225 764 782 1,382
Interest and other expense (203) (118) (364) (285)
Gain on sale of real estate facility     19,621  
Net income 44,483 49,373 109,511 95,948
Allocation to noncontrolling interests (6,795) (7,623) (17,887) (14,650)
Net income allocable to PS Business Parks, Inc. 37,688 41,750 91,624 81,298
Allocation to preferred shareholders (12,047) (12,959) (24,093) (25,918)
Allocation to restricted stock unit holders (119) (212) (394) (480)
Net income allocable to common shareholders $ 25,522 $ 28,579 $ 67,137 $ 54,900
Net income per common share        
Basic $ 0.93 $ 1.04 $ 2.44 $ 2.00
Diluted $ 0.93 $ 1.04 $ 2.44 $ 2.00
Weighted average common shares outstanding        
Basic 27,479 27,426 27,464 27,400
Diluted 27,560 27,532 27,557 27,505