Income per Common Unit of the Operating Partnership (Tables)

3 Months Ended

Mar. 31, 2015

Earnings Per Share, Basic and Diluted [Line Items]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The following table sets forth the computation of basic and diluted income per common share of the Trust (in thousands except per share amounts):

	For the Three Months Ended					For the Three Months Ended
	March 31, 2015					March 31, 2014
	Income (Numerator)		Weighted Average Shares (Denominator)	Per Share		Income (Numerator)		Weighted Average Shares (Denominator)	Per Share
Basic income from continuing operations
Income from continuing operations net of noncontrolling interest	$	30,951	148,315	$	0.21	$	25,179	146,425	$	0.17
Dilutive shares for long-term compensation plans	—		716			—		670
Diluted income from continuing operations
Income from continuing operations net of noncontrolling interest	$	30,951	149,031	$	0.21	$	25,179	147,095	$	0.17
Basic income from discontinued operations
Discontinued operations net of noncontrolling interest	$	—	148,315	$	—	$	46,721	146,425	$	0.32
Dilutive shares for long-term compensation plans	—		716			—		670
Diluted income from discontinued operations
Discontinued operations net of noncontrolling interest	$	—	149,031	$	—	$	46,721	147,095	$	0.32
Basic income per common share
Net income available to common shareholders	$	30,951	148,315	$	0.21	$	71,900	146,425	$	0.49
Dilutive shares for long-term compensation plans	—		716			—		670
Diluted income per common share
Net income available to common shareholders	$	30,951	149,031	$	0.21	$	71,900	147,095	$	0.49

Liberty Property Limited Partnership [Member]

Earnings Per Share, Basic and Diluted [Line Items]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The following table sets forth the computation of basic and diluted income per common unit of the Operating Partnership (in thousands, except per unit amounts):

	For the Three Months Ended						For the Three Months Ended
	March 31, 2015						March 31, 2014
	Income (Numerator)			Weighted Average Units (Denominator)	Per Unit		Income (Numerator)			Weighted Average Units (Denominator)	Per Unit
Income from continuing operations - net of noncontrolling interest - consolidated joint ventures	$	31,804					$	25,905
Less: Preferred unit distributions	(118		)				(118		)
Basic income from continuing operations
Income from continuing operations available to common unitholders	$	31,686		151,856	$	0.21	$	25,787		149,981	$	0.17
Dilutive units for long-term compensation plans	—			716			—			670
Diluted income from continuing operations
Income from continuing operations available to common unitholders	$	31,686		152,572	$	0.21	$	25,787		150,651	$	0.17
Basic income from discontinued operations
Discontinued operations	$	—		151,856	$	—	$	47,848		149,981	$	0.32
Dilutive units for long-term compensation plans	—			716			—			670
Diluted income from discontinued operations
Discontinued operations	$	—		152,572	$	—	$	47,848		150,651	$	0.32
Basic income per common unit
Income available to common unitholders	$	31,686		151,856	$	0.21	$	73,635		149,981	$	0.49
Dilutive units for long-term compensation plans	—			716			—			670
Diluted income per common unit
Income available to common unitholders	$	31,686		152,572	$	0.21	$	73,635		150,651	$	0.49