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Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Consolidated Statements Of Income [Abstract]        
Rental income $ 103,760 $ 108,064 $ 310,535 $ 323,671
Expenses        
Cost of operations 32,096 32,468 93,490 97,521
Depreciation and amortization 23,064 26,220 72,646 75,863
General and administrative 5,047 4,051 11,374 10,111
Total operating expenses 60,207 62,739 177,510 183,495
Interest and other income 230 1,384 1,012 2,766
Interest and other expense (536) (199) (900) (484)
Gain on sale of real estate facilities 7,652   27,273  
Net income 50,899 46,510 160,410 142,458
Allocation to noncontrolling interests (8,124) (7,020) (26,011) (21,670)
Net income allocable to PS Business Parks, Inc. 42,775 39,490 134,399 120,788
Allocation to preferred shareholders (12,046) (12,959) (36,139) (38,877)
Allocation to restricted stock unit holders (149) (219) (543) (699)
Net income allocable to common shareholders $ 30,580 $ 26,312 $ 97,717 $ 81,212
Net income per common share        
Basic $ 1.11 $ 0.96 $ 3.56 $ 2.96
Diluted $ 1.11 $ 0.96 $ 3.55 $ 2.95
Weighted average common shares outstanding        
Basic 27,483 27,432 27,470 27,411
Diluted 27,565 27,543 27,560 27,512