XML 126 R5.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
OPERATING ACTIVITIES      
Net income $ 224,163us-gaap_ProfitLoss $ 219,594us-gaap_ProfitLoss $ 147,751us-gaap_ProfitLoss
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 236,075us-gaap_DepreciationDepletionAndAmortization 205,147us-gaap_DepreciationDepletionAndAmortization 167,421us-gaap_DepreciationDepletionAndAmortization
Amortization of deferred financing costs 4,811lry_Amortizationofdeferredfinancingcostsandnoncashportionofinterest 4,084lry_Amortizationofdeferredfinancingcostsandnoncashportionofinterest 4,858lry_Amortizationofdeferredfinancingcostsandnoncashportionofinterest
Equity in (earnings) loss of unconsolidated joint ventures (10,314)us-gaap_IncomeLossFromEquityMethodInvestments (6,067)us-gaap_IncomeLossFromEquityMethodInvestments 681us-gaap_IncomeLossFromEquityMethodInvestments
Distributions from unconsolidated joint ventures 0us-gaap_EquityMethodInvestmentDividendsOrDistributions 844us-gaap_EquityMethodInvestmentDividendsOrDistributions 624us-gaap_EquityMethodInvestmentDividendsOrDistributions
Gain on property dispositions (91,661)us-gaap_GainLossOnSaleOfProperties (98,403)us-gaap_GainLossOnSaleOfProperties (12,426)us-gaap_GainLossOnSaleOfProperties
Share-based and Noncash compensation 12,457us-gaap_ShareBasedCompensation 9,976us-gaap_ShareBasedCompensation 10,057us-gaap_ShareBasedCompensation
Other (7,935)us-gaap_OtherOperatingActivitiesCashFlowStatement (8,311)us-gaap_OtherOperatingActivitiesCashFlowStatement (3,256)us-gaap_OtherOperatingActivitiesCashFlowStatement
Changes in operating assets and liabilities:      
Restricted cash 30,286us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities (18,397)us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities 30,713us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities
Accounts receivable (1,770)us-gaap_IncreaseDecreaseInAccountsReceivable (4,889)us-gaap_IncreaseDecreaseInAccountsReceivable (799)us-gaap_IncreaseDecreaseInAccountsReceivable
Deferred rent receivable (15,263)us-gaap_StraightLineRent (9,473)us-gaap_StraightLineRent (6,363)us-gaap_StraightLineRent
Prepaid expenses and other assets (28,360)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (22,424)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (10,871)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Accounts payable 5,299us-gaap_IncreaseDecreaseInAccountsPayable 15,703us-gaap_IncreaseDecreaseInAccountsPayable 7,641us-gaap_IncreaseDecreaseInAccountsPayable
Accrued interest (1,264)us-gaap_IncreaseDecreaseInInterestPayableNet 5,613us-gaap_IncreaseDecreaseInInterestPayableNet (3,983)us-gaap_IncreaseDecreaseInInterestPayableNet
Other liabilities (20,040)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities 22,968us-gaap_IncreaseDecreaseInOtherOperatingLiabilities (14,882)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Net cash provided by operating activities 336,484us-gaap_NetCashProvidedByUsedInOperatingActivities 315,965us-gaap_NetCashProvidedByUsedInOperatingActivities 317,166us-gaap_NetCashProvidedByUsedInOperatingActivities
INVESTING ACTIVITIES      
Investment in properties - acquisitions (124,962)us-gaap_PaymentsToAcquireBuildings (1,429,822)us-gaap_PaymentsToAcquireBuildings (211,894)us-gaap_PaymentsToAcquireBuildings
Investment in properties - other (102,466)us-gaap_PaymentsForCapitalImprovements (74,345)us-gaap_PaymentsForCapitalImprovements (49,682)us-gaap_PaymentsForCapitalImprovements
Investments in and advances to unconsolidated joint ventures (22,243)us-gaap_PaymentsToAcquireEquityMethodInvestments (16,185)us-gaap_PaymentsToAcquireEquityMethodInvestments (1,461)us-gaap_PaymentsToAcquireEquityMethodInvestments
Distributions from unconsolidated joint ventures 15,330lry_EquityMethodInvestmentDividendsOrDistributionsInvesting 13,774lry_EquityMethodInvestmentDividendsOrDistributionsInvesting 6,009lry_EquityMethodInvestmentDividendsOrDistributionsInvesting
Net proceeds from disposition of properties/land 559,322us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment 526,949us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment 234,686us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment
Net proceeds from (advances on) public reimbursement receivable/escrow 2,504lry_ProceedsFromAdvancesonGrantReceivablesEscrow 9,821lry_ProceedsFromAdvancesonGrantReceivablesEscrow (986)lry_ProceedsFromAdvancesonGrantReceivablesEscrow
Investment in development in progress (288,375)us-gaap_PaymentsToDevelopRealEstateAssets (123,879)us-gaap_PaymentsToDevelopRealEstateAssets (199,384)us-gaap_PaymentsToDevelopRealEstateAssets
Investment in land held for development (105,324)lry_PaymentsToAcquireAndDevelopLand (67,326)lry_PaymentsToAcquireAndDevelopLand (67,513)lry_PaymentsToAcquireAndDevelopLand
Payment of deferred leasing costs (40,123)lry_InvestmentInDeferredLeasingCosts (36,901)lry_InvestmentInDeferredLeasingCosts (22,444)lry_InvestmentInDeferredLeasingCosts
Net cash used in investing activities (106,337)us-gaap_NetCashProvidedByUsedInInvestingActivities (1,197,914)us-gaap_NetCashProvidedByUsedInInvestingActivities (312,669)us-gaap_NetCashProvidedByUsedInInvestingActivities
FINANCING ACTIVITIES      
Net proceeds from issuance of Common Shares 58,473us-gaap_ProceedsFromIssuanceOfCommonStock 969,468us-gaap_ProceedsFromIssuanceOfCommonStock 58,710us-gaap_ProceedsFromIssuanceOfCommonStock
Redemption of preferred units 0us-gaap_PaymentsForRepurchaseOfRedeemablePreferredStock (64,500)us-gaap_PaymentsForRepurchaseOfRedeemablePreferredStock (221,000)us-gaap_PaymentsForRepurchaseOfRedeemablePreferredStock
Proceeds from unsecured notes 0us-gaap_ProceedsFromIssuanceOfUnsecuredDebt 448,646us-gaap_ProceedsFromIssuanceOfUnsecuredDebt 700,000us-gaap_ProceedsFromIssuanceOfUnsecuredDebt
Repayments of unsecured notes (200,000)us-gaap_RepaymentsOfUnsecuredDebt 0us-gaap_RepaymentsOfUnsecuredDebt (230,100)us-gaap_RepaymentsOfUnsecuredDebt
Proceeds from mortgage loans 0us-gaap_ProceedsFromIssuanceOfSecuredDebt 10,401us-gaap_ProceedsFromIssuanceOfSecuredDebt 34,599us-gaap_ProceedsFromIssuanceOfSecuredDebt
Repayments of mortgage loans (56,156)us-gaap_RepaymentsOfSecuredDebt (10,605)us-gaap_RepaymentsOfSecuredDebt (35,099)us-gaap_RepaymentsOfSecuredDebt
Proceeds from credit facility 517,550us-gaap_ProceedsFromLongTermLinesOfCredit 611,550us-gaap_ProceedsFromLongTermLinesOfCredit 839,250us-gaap_ProceedsFromLongTermLinesOfCredit
Repayments on credit facility (350,550)us-gaap_RepaymentsOfLongTermLinesOfCredit (703,550)us-gaap_RepaymentsOfLongTermLinesOfCredit (886,650)us-gaap_RepaymentsOfLongTermLinesOfCredit
Payment of deferred financing costs (3,629)us-gaap_PaymentsOfFinancingCosts (5,866)us-gaap_PaymentsOfFinancingCosts (7,206)us-gaap_PaymentsOfFinancingCosts
Distribution paid on Common Shares (280,136)us-gaap_PaymentsOfDividendsCommonStock (240,340)us-gaap_PaymentsOfDividendsCommonStock (222,573)us-gaap_PaymentsOfDividendsCommonStock
Distribution paid on units (7,453)us-gaap_PaymentsOfDividendsMinorityInterest (9,438)us-gaap_PaymentsOfDividendsMinorityInterest (17,241)us-gaap_PaymentsOfDividendsMinorityInterest
Net cash (used in) provided by financing activities (321,901)us-gaap_NetCashProvidedByUsedInFinancingActivities 1,005,766us-gaap_NetCashProvidedByUsedInFinancingActivities 12,690us-gaap_NetCashProvidedByUsedInFinancingActivities
Net (decrease) increase in cash and cash equivalents (91,754)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect 123,817us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect 17,187us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
(Decrease) increase in cash and cash equivalents related to foreign currency translation (2,314)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 1,241us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 2,965us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Cash and cash equivalents at beginning of year 163,414us-gaap_CashAndCashEquivalentsAtCarryingValue 38,356us-gaap_CashAndCashEquivalentsAtCarryingValue 18,204us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of year 69,346us-gaap_CashAndCashEquivalentsAtCarryingValue 163,414us-gaap_CashAndCashEquivalentsAtCarryingValue 38,356us-gaap_CashAndCashEquivalentsAtCarryingValue
Liberty Property Limited Partnership [Member]      
OPERATING ACTIVITIES      
Net income 224,163us-gaap_ProfitLoss
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
219,594us-gaap_ProfitLoss
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
147,751us-gaap_ProfitLoss
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 236,075us-gaap_DepreciationDepletionAndAmortization
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
205,147us-gaap_DepreciationDepletionAndAmortization
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
167,421us-gaap_DepreciationDepletionAndAmortization
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Amortization of deferred financing costs 4,811lry_Amortizationofdeferredfinancingcostsandnoncashportionofinterest
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
4,084lry_Amortizationofdeferredfinancingcostsandnoncashportionofinterest
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
4,858lry_Amortizationofdeferredfinancingcostsandnoncashportionofinterest
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Equity in (earnings) loss of unconsolidated joint ventures (10,314)us-gaap_IncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(6,067)us-gaap_IncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
681us-gaap_IncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Distributions from unconsolidated joint ventures 0us-gaap_EquityMethodInvestmentDividendsOrDistributions
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
844us-gaap_EquityMethodInvestmentDividendsOrDistributions
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
624us-gaap_EquityMethodInvestmentDividendsOrDistributions
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Gain on property dispositions (91,661)us-gaap_GainLossOnSaleOfProperties
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(98,403)us-gaap_GainLossOnSaleOfProperties
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(12,426)us-gaap_GainLossOnSaleOfProperties
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Share-based and Noncash compensation 12,457us-gaap_ShareBasedCompensation
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
9,976us-gaap_ShareBasedCompensation
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
10,057us-gaap_ShareBasedCompensation
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Other (7,935)us-gaap_OtherOperatingActivitiesCashFlowStatement
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(8,311)us-gaap_OtherOperatingActivitiesCashFlowStatement
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(3,256)us-gaap_OtherOperatingActivitiesCashFlowStatement
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Changes in operating assets and liabilities:      
Restricted cash 30,286us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(18,397)us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
30,713us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Accounts receivable (1,770)us-gaap_IncreaseDecreaseInAccountsReceivable
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(4,889)us-gaap_IncreaseDecreaseInAccountsReceivable
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(799)us-gaap_IncreaseDecreaseInAccountsReceivable
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Deferred rent receivable (15,263)us-gaap_StraightLineRent
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(9,473)us-gaap_StraightLineRent
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(6,363)us-gaap_StraightLineRent
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Prepaid expenses and other assets (28,360)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(22,424)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(10,871)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Accounts payable 5,299us-gaap_IncreaseDecreaseInAccountsPayable
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
15,703us-gaap_IncreaseDecreaseInAccountsPayable
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
7,641us-gaap_IncreaseDecreaseInAccountsPayable
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Accrued interest (1,264)us-gaap_IncreaseDecreaseInInterestPayableNet
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
5,613us-gaap_IncreaseDecreaseInInterestPayableNet
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(3,983)us-gaap_IncreaseDecreaseInInterestPayableNet
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Other liabilities (20,040)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
22,968us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(14,882)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Net cash provided by operating activities 336,484us-gaap_NetCashProvidedByUsedInOperatingActivities
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
315,965us-gaap_NetCashProvidedByUsedInOperatingActivities
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
317,166us-gaap_NetCashProvidedByUsedInOperatingActivities
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
INVESTING ACTIVITIES      
Investment in properties - acquisitions (124,962)us-gaap_PaymentsToAcquireBuildings
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(1,429,822)us-gaap_PaymentsToAcquireBuildings
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(211,894)us-gaap_PaymentsToAcquireBuildings
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Investment in properties - other (102,466)us-gaap_PaymentsForCapitalImprovements
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(74,345)us-gaap_PaymentsForCapitalImprovements
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(49,682)us-gaap_PaymentsForCapitalImprovements
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Investments in and advances to unconsolidated joint ventures (22,243)us-gaap_PaymentsToAcquireEquityMethodInvestments
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(16,185)us-gaap_PaymentsToAcquireEquityMethodInvestments
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(1,461)us-gaap_PaymentsToAcquireEquityMethodInvestments
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Distributions from unconsolidated joint ventures 15,330lry_EquityMethodInvestmentDividendsOrDistributionsInvesting
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
13,774lry_EquityMethodInvestmentDividendsOrDistributionsInvesting
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
6,009lry_EquityMethodInvestmentDividendsOrDistributionsInvesting
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Net proceeds from disposition of properties/land 559,322us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
526,949us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
234,686us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Net proceeds from (advances on) public reimbursement receivable/escrow 2,504lry_ProceedsFromAdvancesonGrantReceivablesEscrow
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
9,821lry_ProceedsFromAdvancesonGrantReceivablesEscrow
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(986)lry_ProceedsFromAdvancesonGrantReceivablesEscrow
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Investment in development in progress (288,375)us-gaap_PaymentsToDevelopRealEstateAssets
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(123,879)us-gaap_PaymentsToDevelopRealEstateAssets
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(199,384)us-gaap_PaymentsToDevelopRealEstateAssets
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Investment in land held for development (105,324)lry_PaymentsToAcquireAndDevelopLand
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(67,326)lry_PaymentsToAcquireAndDevelopLand
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(67,513)lry_PaymentsToAcquireAndDevelopLand
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Payment of deferred leasing costs (40,123)lry_InvestmentInDeferredLeasingCosts
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(36,901)lry_InvestmentInDeferredLeasingCosts
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(22,444)lry_InvestmentInDeferredLeasingCosts
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Net cash used in investing activities (106,337)us-gaap_NetCashProvidedByUsedInInvestingActivities
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(1,197,914)us-gaap_NetCashProvidedByUsedInInvestingActivities
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(312,669)us-gaap_NetCashProvidedByUsedInInvestingActivities
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
FINANCING ACTIVITIES      
Redemption of preferred units 0us-gaap_PaymentsForRepurchaseOfRedeemablePreferredStock
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(64,500)us-gaap_PaymentsForRepurchaseOfRedeemablePreferredStock
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(221,000)us-gaap_PaymentsForRepurchaseOfRedeemablePreferredStock
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Proceeds from unsecured notes 0us-gaap_ProceedsFromIssuanceOfUnsecuredDebt
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
448,646us-gaap_ProceedsFromIssuanceOfUnsecuredDebt
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
700,000us-gaap_ProceedsFromIssuanceOfUnsecuredDebt
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Repayments of unsecured notes (200,000)us-gaap_RepaymentsOfUnsecuredDebt
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
0us-gaap_RepaymentsOfUnsecuredDebt
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(230,100)us-gaap_RepaymentsOfUnsecuredDebt
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Proceeds from mortgage loans 0us-gaap_ProceedsFromIssuanceOfSecuredDebt
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
10,401us-gaap_ProceedsFromIssuanceOfSecuredDebt
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
34,599us-gaap_ProceedsFromIssuanceOfSecuredDebt
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Repayments of mortgage loans (56,156)us-gaap_RepaymentsOfSecuredDebt
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(10,605)us-gaap_RepaymentsOfSecuredDebt
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(35,099)us-gaap_RepaymentsOfSecuredDebt
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Proceeds from credit facility 517,550us-gaap_ProceedsFromLongTermLinesOfCredit
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
611,550us-gaap_ProceedsFromLongTermLinesOfCredit
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
839,250us-gaap_ProceedsFromLongTermLinesOfCredit
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Repayments on credit facility (350,550)us-gaap_RepaymentsOfLongTermLinesOfCredit
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(703,550)us-gaap_RepaymentsOfLongTermLinesOfCredit
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(886,650)us-gaap_RepaymentsOfLongTermLinesOfCredit
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Payment of deferred financing costs (3,629)us-gaap_PaymentsOfFinancingCosts
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(5,866)us-gaap_PaymentsOfFinancingCosts
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(7,206)us-gaap_PaymentsOfFinancingCosts
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Capital contributions 58,473us-gaap_ProceedsFromContributedCapital
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
969,468us-gaap_ProceedsFromContributedCapital
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
58,710us-gaap_ProceedsFromContributedCapital
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Distributions to partners (287,589)us-gaap_PaymentsOfCapitalDistribution
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(249,778)us-gaap_PaymentsOfCapitalDistribution
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(239,814)us-gaap_PaymentsOfCapitalDistribution
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Net cash (used in) provided by financing activities (321,901)us-gaap_NetCashProvidedByUsedInFinancingActivities
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
1,005,766us-gaap_NetCashProvidedByUsedInFinancingActivities
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
12,690us-gaap_NetCashProvidedByUsedInFinancingActivities
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Net (decrease) increase in cash and cash equivalents (91,754)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
123,817us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
17,187us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
(Decrease) increase in cash and cash equivalents related to foreign currency translation (2,314)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
1,241us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
2,965us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Cash and cash equivalents at beginning of year 163,414us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
38,356us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
18,204us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
Cash and cash equivalents at end of year $ 69,346us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
$ 163,414us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember
$ 38,356us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= lry_LibertyPropertyLimitedPartnershipMember