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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
OPERATING ACTIVITIES    
Net income $ 74,656 $ 39,602
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 45,585 41,778
Amortization of deferred financing costs 1,168 1,188
Equity in earnings of unconsolidated joint ventures (1,757) (916)
Distributions from unconsolidated joint ventures 265 208
Gain on property dispositions (43,513) (1,587)
Share-based compensation 4,445 4,310
Changes in operating assets and liabilities:    
Restricted cash 4,639 24,604
Accounts receivable 642 (1,022)
Deferred rent receivable (3,246) (1,484)
Prepaid expenses and other assets 1,319 (6,578)
Accounts payable 1,136 8,893
Accrued interest 18,867 8,889
Other liabilities (12,002) (25,163)
Net cash provided by operating activities 92,204 92,722
INVESTING ACTIVITIES    
Investment in operating properties - other (6,794) (13,243)
Investments in and advances to unconsolidated joint ventures (6,379) (2,702)
Distributions from unconsolidated joint ventures 1,871 3,610
Net proceeds from disposition of properties/land 71,909 6,237
Net proceeds from (advances on) public reimbursement receivable/escrow 8,500 (6,925)
Investment in development in progress (27,509) (43,405)
Investment in land held for development (3,493) (2,648)
Investment in deferred leasing costs (7,387) (7,983)
Net cash provided by (used in) investing activities 30,718 (67,059)
FINANCING ACTIVITIES    
Net proceeds from issuance of common shares 44,927 16,197
Repayments of unsecured notes 0 (121,000)
Proceeds from mortgage loans 3,261 11,186
Repayments of mortgage loans (1,249) (19,288)
Proceeds from credit facility 19,600 259,650
Repayments on credit facility (111,600) (105,750)
Increase in deferred financing costs (4) (285)
Distribution paid on Common Shares (56,274) (55,149)
Distribution paid on units (1,961) (3,883)
Net cash used in financing activities (103,300) (18,322)
Net increase in cash and cash equivalents 19,622 7,341
(Decrease) increase in cash and cash equivalents related to foreign currency translation (3,544) 2,105
Cash and cash equivalents at beginning of period 38,356 18,204
Cash and cash equivalents at end of period 54,434 27,650
Liberty Property Limited Partnership [Member]
   
OPERATING ACTIVITIES    
Net income 74,656 39,602
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 45,585 41,778
Amortization of deferred financing costs 1,168 1,188
Equity in earnings of unconsolidated joint ventures (1,757) (916)
Distributions from unconsolidated joint ventures 265 208
Gain on property dispositions (43,513) (1,587)
Share-based compensation 4,445 4,310
Changes in operating assets and liabilities:    
Restricted cash 4,639 24,604
Accounts receivable 642 (1,022)
Deferred rent receivable (3,246) (1,484)
Prepaid expenses and other assets 1,319 (6,578)
Accounts payable 1,136 8,893
Accrued interest 18,867 8,889
Other liabilities (12,002) (25,163)
Net cash provided by operating activities 92,204 92,722
INVESTING ACTIVITIES    
Investment in operating properties - other (6,794) (13,243)
Investments in and advances to unconsolidated joint ventures (6,379) (2,702)
Distributions from unconsolidated joint ventures 1,871 3,610
Net proceeds from disposition of properties/land 71,909 6,237
Net proceeds from (advances on) public reimbursement receivable/escrow 8,500 (6,925)
Investment in development in progress (27,509) (43,405)
Investment in land held for development (3,493) (2,648)
Investment in deferred leasing costs (7,387) (7,983)
Net cash provided by (used in) investing activities 30,718 (67,059)
FINANCING ACTIVITIES    
Repayments of unsecured notes 0 (121,000)
Proceeds from mortgage loans 3,261 11,186
Repayments of mortgage loans (1,249) (19,288)
Proceeds from credit facility 19,600 259,650
Repayments on credit facility (111,600) (105,750)
Increase in deferred financing costs (4) (285)
Capital contributions 44,927 16,197
Distributions to partners (58,235) (59,032)
Net cash used in financing activities (103,300) (18,322)
Net increase in cash and cash equivalents 19,622 7,341
(Decrease) increase in cash and cash equivalents related to foreign currency translation (3,544) 2,105
Cash and cash equivalents at beginning of period 38,356 18,204
Cash and cash equivalents at end of period $ 54,434 $ 27,650