XML 70 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements Of Equity (USD $)
Preferred Stock [Member]
Common Stock [Member]
Paid-In Capital [Member]
Cumulative Net Income [Member]
Cumulative Distributions [Member]
Total PS Business Parks, Cumulative Inc.'s Shareholders' Equity [Member]
Noncontrolling Interests [Member]
Total
Balances, value at Dec. 31, 2008 $ 706,250,000 $ 204,000 $ 363,587,000 $ 622,113,000 $ (571,340,000) $ 1,120,814,000 $ 242,773,000 $ 1,363,587,000
Balances, shares at Dec. 31, 2008 28,250 20,459,916            
Issuance of common stock, net of issuance costs, value   38,000 171,194,000     171,232,000   171,232,000
Issuance of common stock, net of issuance costs, shares   3,833,333            
Repurchase of preferred stock, net of issuance costs, value (80,204,000)   32,788,000   (2,783,000) (50,199,000)   (50,199,000)
Repurchase of preferred stock, net of issuance costs, shares (3,208)              
Repurchase of preferred units, net of issuance costs     9,577,000     9,577,000 (21,912,000) (12,335,000)
Repurchase of common stock, value     (230,000)     (230,000)   (230,000)
Repurchase of common stock, shares               0
Exercise of stock options, value     1,177,000     1,177,000   1,177,000
Exercise of stock options, shares   35,100           35,100
Stock compensation, net, value   1,000 1,015,000     1,016,000   1,016,000
Stock compensation, net, shares   71,160            
Shelf registration     (75,000)     (75,000)   (75,000)
Net income       77,178,000   77,178,000 17,161,000 94,339,000
Distributions:                
Preferred stock         (44,662,000) (44,662,000)   (44,662,000)
Common stock         (39,509,000) (39,509,000)   (39,509,000)
Noncontrolling interests             (18,704,000) (18,704,000)
Adjustment to noncontrolling interests in underlying operating partnership     (30,640,000)     (30,640,000) 30,640,000 (30,640,000)
Balances, value at Dec. 31, 2009 626,046,000 243,000 548,393,000 699,291,000 (658,294,000) 1,215,679,000 249,958,000 1,465,637,000
Balances, shares at Dec. 31, 2009 25,042 24,399,509            
Issuance of preferred stock, net of issuance costs, values 75,000,000              
Issuance of preferred stock net of issuance costs shares 3,000   (2,487,000)     72,513,000   72,513,000
Redemption of preferred stock, net of issuance costs, value (102,500,000)   3,484,000   (3,484,000) (102,500,000)   (102,500,000)
Redemption of preferred stock, net of issuance costs, shares (4,100)              
Redemption of preferred units, net of issuance costs     582,000     582,000 (20,582,000) (20,000,000)
Exercise of stock options, value   3,000 7,780,000     7,783,000   7,783,000
Exercise of stock options, shares   243,936           243,936
Stock compensation, net, value     1,031,000     1,031,000   1,031,000
Stock compensation, net, shares   27,732            
Net income       85,325,000   85,325,000 16,697,000 102,022,000
Distributions:                
Preferred stock         (42,730,000) (42,730,000)   (42,730,000)
Common stock         (43,254,000) (43,254,000)   (43,254,000)
Noncontrolling interests             (17,377,000) (17,377,000)
Adjustment to noncontrolling interests in underlying operating partnership     (901,000)     (901,000) 901,000 (901,000)
Balances, value at Dec. 31, 2010 598,546,000 246,000 557,882,000 784,616,000 (747,762,000) 1,193,528,000 229,597,000 1,423,125,000
Balances, shares at Dec. 31, 2010 23,942 24,671,177            
Repurchase of preferred units, net of issuance costs     10,107,000     10,107,000 (49,194,000) (39,087,000)
Repurchase of common stock, value   (6,000) (30,246,000)     (30,252,000)   (30,252,000)
Repurchase of common stock, shares   (591,500)           591,500
Exercise of stock options, value     1,050,000     1,050,000   1,050,000
Exercise of stock options, shares   24,600           24,600
Stock compensation, net, value     1,218,000     1,218,000   1,218,000
Stock compensation, net, shares   23,907            
Net income       94,088,000   94,088,000 8,552,000 102,640,000
Distributions:                
Preferred stock         (41,799,000) (41,799,000)   (41,799,000)
Common stock         (43,046,000) (43,046,000)   (43,046,000)
Noncontrolling interests             (13,254,000) (13,254,000)
Adjustment to noncontrolling interests in underlying operating partnership     (5,689,000)     (5,689,000) 5,689,000 (5,689,000)
Balances, value at Dec. 31, 2011 $ 598,546,000 $ 240,000 $ 534,322,000 $ 878,704,000 $ (832,607,000) $ 1,179,205,000 $ 181,390,000 $ 1,360,595,000
Balances, shares at Dec. 31, 2011 23,942 24,128,184