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Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Previously Reported
Revision of Prior Period, Adjustment
Total PS Business Parks, Inc.'s Stockholders' Equity
Total PS Business Parks, Inc.'s Stockholders' Equity
Previously Reported
Total PS Business Parks, Inc.'s Stockholders' Equity
Revision of Prior Period, Adjustment
Preferred Stock
Preferred Stock
Previously Reported
Preferred Stock
Revision of Prior Period, Adjustment
Common Stock
Common Stock
Previously Reported
Common Stock
Revision of Prior Period, Adjustment
Paid-in Capital
Paid-in Capital
Previously Reported
Paid-in Capital
Revision of Prior Period, Adjustment
Accumulated Earnings (Deficit)
Accumulated Earnings (Deficit)
Previously Reported
Accumulated Earnings (Deficit)
Revision of Prior Period, Adjustment
Noncontrolling Interest
Noncontrolling Interest
Previously Reported
Noncontrolling Interest
Revision of Prior Period, Adjustment
Beginning balance (in shares) at Dec. 31, 2020             37,790                            
Beginning balance (in shares) at Dec. 31, 2020                   27,488,547                      
Beginning balance at Dec. 31, 2020 $ 1,975,640     $ 1,756,677     $ 944,750     $ 274     $ 738,022     $ 73,631     $ 218,963    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Noncontrolling interests (23,072)                                   (23,072)    
Issuance of common stock in connection with share-based compensation (in shares)                   57,606                      
Issuance of common stock in connection with share-based compensation 907     907           $ 1     906                
Issuance cost (105)     (105)                 (105)                
Stock compensation, net 5,889     5,889                 5,889                
Cash paid for taxes in lieu of stock upon vesting of restricted stock units (3,680)     (3,680)                 (3,680)                
Noncontrolling interests - joint venture 523                                   523    
Distributions                                          
Preferred stock (36,139)     (36,139)                       (36,139)          
Common stock (86,713)     (86,713)                       (86,713)          
Net income (loss) 196,020     162,665                       162,665     33,355    
Ending balance (in shares) at Sep. 30, 2021             37,790                            
Ending balance (in shares) at Sep. 30, 2021                   27,546,153                      
Ending balance at Sep. 30, 2021 2,029,270     1,799,501     $ 944,750     $ 275     741,032     113,444     229,769    
Beginning balance (in shares) at Jun. 30, 2021             37,790                            
Beginning balance (in shares) at Jun. 30, 2021                   27,541,464                      
Beginning balance at Jun. 30, 2021 1,997,535     1,774,161     $ 944,750     $ 275     739,336     89,800     223,374    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Noncontrolling interests (7,691)                                   (7,691)    
Issuance of common stock in connection with share-based compensation (in shares)                   4,689                      
Stock compensation, net 2,174     2,174                 2,174                
Cash paid for taxes in lieu of stock upon vesting of restricted stock units (478)     (478)                 (478)                
Noncontrolling interests - joint venture 236                                   236    
Distributions                                          
Preferred stock (12,046)     (12,046)                       (12,046)          
Common stock (28,923)     (28,923)                       (28,923)          
Net income (loss) 78,463     64,613                       64,613     13,850    
Ending balance (in shares) at Sep. 30, 2021             37,790                            
Ending balance (in shares) at Sep. 30, 2021                   27,546,153                      
Ending balance at Sep. 30, 2021 $ 2,029,270     1,799,501     $ 944,750     $ 275     741,032     113,444     229,769    
Beginning balance (in shares) at Dec. 31, 2021 30,200           30,200                            
Beginning balance (in shares) at Dec. 31, 2021 27,589,807                 27,589,807                      
Beginning balance at Dec. 31, 2021 $ 1,994,071     1,734,456     $ 755,000     $ 275     752,444     226,737     259,615    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Noncontrolling interests (55,358)                                   (55,358)    
Issuance of common stock in connection with share-based compensation (in shares)                   41,692                      
Issuance of common stock in connection with share-based compensation 2,102     2,102           $ 1     2,101                
Issuance cost 176     176                 176                
Stock compensation, net 3,028     3,028                 3,028                
Cash paid for taxes in lieu of stock upon vesting of restricted stock units (1,318)     (1,318)                 (1,318)                
Noncontrolling interests - joint venture 492                                   492    
Distributions                                          
Preferred stock (19,160)     (19,160)                       (19,160)          
Common stock (209,079)     (209,079)                       (209,079)          
Net income (loss) 159,190     129,966                       129,966     29,224    
Ending balance (in shares) at Jul. 19, 2022 [1]             30,200                            
Ending balance (in shares) at Jul. 19, 2022 [1]                   27,631,499                      
Ending balance at Jul. 19, 2022 $ 1,874,144 [1]     1,640,171 [1]     $ 755,000 [2]     $ 276 [2]     756,431 [1]     128,464 [1]     233,973 [1]    
Beginning balance (in shares) at Dec. 31, 2021 30,200           30,200                            
Beginning balance (in shares) at Dec. 31, 2021 27,589,807                 27,589,807                      
Beginning balance at Dec. 31, 2021 $ 1,994,071     1,734,456     $ 755,000     $ 275     752,444     226,737     259,615    
Ending balance (in shares) at Sep. 30, 2022 30,325           30,325                            
Ending balance (in shares) at Sep. 30, 2022 100                 100                      
Ending balance at Sep. 30, 2022 $ 2,059,052     2,045,585     $ 563,526     $ 0     2,847,170     (1,365,111)     13,467    
Beginning balance (in shares) at Jun. 30, 2022             30,200                            
Beginning balance (in shares) at Jun. 30, 2022                   27,631,499                      
Beginning balance at Jun. 30, 2022 2,114,010     1,829,931     $ 755,000     $ 276     755,873     318,782     284,079    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Noncontrolling interests (39,972)                                   (39,972)    
Issuance cost 176     176                 176                
Stock compensation, net 382     382                 382                
Noncontrolling interests - joint venture 79                                   79    
Distributions                                          
Common stock (151,056)     (151,056)                       (151,056)          
Net income (loss) (49,475)     (39,262)                       (39,262)     (10,213)    
Ending balance (in shares) at Jul. 19, 2022 [1]             30,200                            
Ending balance (in shares) at Jul. 19, 2022 [1]                   27,631,499                      
Ending balance at Jul. 19, 2022 1,874,144 [1]     1,640,171 [1]     $ 755,000 [2]     $ 276 [2]     756,431 [1]     128,464 [1]     233,973 [1]    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Total Blackstone purchase and contribution     $ 2,847,170     $ 2,847,170                 $ 2,847,170            
Redemption of common shares (in shares)                       (27,631,499)                  
Redemption of common shares     (5,035,841)     (5,035,841)           $ (276)     (756,431)     $ (4,279,134)      
Application of purchase accounting (in shares)                 30,200     27,631,499                  
Application of purchase accounting     6,907,571     5,598,867     $ 563,026     $ 276     $ 756,431     4,279,134     $ 1,308,704
Distribution of assets     (1,295,217)                                   $ (1,295,217)
Parent Partners Loans receivable     $ (1,285,575)     $ (1,285,575)                       $ (1,285,575)      
Ending balance (in shares) at Jul. 20, 2022             30,200 0                          
Ending balance (in shares) at Jul. 20, 2022                   0 0                    
Ending balance at Jul. 20, 2022 2,138,108 $ 0   2,124,621 $ 0   $ 563,026 $ 0   $ 0 $ 0   2,847,170 $ 0   (1,285,575) $ 0   13,487 $ 0  
Beginning balance (in shares) at Jul. 19, 2022 [1]             30,200                            
Beginning balance (in shares) at Jul. 19, 2022 [1]                   27,631,499                      
Beginning balance at Jul. 19, 2022 1,874,144 [1]     1,640,171 [1]     $ 755,000 [2]     $ 276 [2]     756,431 [1]     128,464 [1]     233,973 [1]    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Issuance of preferred stock, net of costs (in shares)             125     100                      
Issuance of stock, net of costs 500     500     $ 500                            
Noncontrolling interests - joint venture 137                                   137    
Distributions                                          
Preferred stock (9,580)     (9,580)                       (9,580)          
Net income (loss) $ (70,113)     (69,956)                       (69,956)     (157)    
Ending balance (in shares) at Sep. 30, 2022 30,325           30,325                            
Ending balance (in shares) at Sep. 30, 2022 100                 100                      
Ending balance at Sep. 30, 2022 $ 2,059,052     $ 2,045,585     $ 563,526     $ 0     $ 2,847,170     $ (1,365,111)     $ 13,467    
[1] This balance was reset as part of purchase accounting. Refer to Note 2 — Summary of Significant Accounting Policies for additional details.
[2] This balance was reset as part of purchase accounting. Refer to Note 2 — Summary of Significant Accounting Policies for additional details.