Income per Common Unit of the Operating Partnership (Tables)

9 Months Ended

Sep. 30, 2015

Earnings Per Unit, 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
	September 30, 2015					September 30, 2014
	Income (Numerator)		Weighted Average Shares (Denominator)	Per Share		Income (Numerator)		Weighted Average Shares (Denominator)	Per Share
Income from continuing operations net of noncontrolling interest - basic	$	91,331	148,582	$	0.61	$	34,293	147,422	$	0.23
Dilutive shares for long-term compensation plans	—		594			—		666
Income from continuing operations net of noncontrolling interest - diluted	$	91,331	149,176	$	0.61	$	34,293	148,088	$	0.23
Discontinued operations net of noncontrolling interest - basic	$	—	148,582	$	—	$	130	147,422	$	—
Dilutive shares for long-term compensation plans	—		594			—		666
Discontinued operations net of noncontrolling interest - diluted	$	—	149,176	$	—	$	130	148,088	$	—
Net income available to common shareholders - basic	$	91,331	148,582	$	0.61	$	34,423	147,422	$	0.23
Dilutive shares for long-term compensation plans	—		594			—		666
Net income available to common shareholders - diluted	$	91,331	149,176	$	0.61	$	34,423	148,088	$	0.23
	For the Nine Months Ended					For the Nine Months Ended
	September 30, 2015					September 30, 2014
	Income (Numerator)		Weighted Average Shares (Denominator)	Per Share		Income (Numerator)		Weighted Average Shares (Denominator)	Per Share
Income from continuing operations net of noncontrolling interest - basic	$	157,797	148,594	$	1.06	$	88,430	146,987	$	0.60
Dilutive shares for long-term compensation plans	—		626			—		674
Income from continuing operations net of noncontrolling interest - diluted	157,797		149,220	$	1.06	88,430		147,661	$	0.60
Discontinued operations net of noncontrolling interest - basic	—		148,594	$	—	47,142		146,987	$	0.32
Dilutive shares for long-term compensation plans	—		626			—		674
Discontinued operations net of noncontrolling interest - diluted	—		149,220	$	—	47,142		147,661	$	0.32
Net income available to common shareholders - basic	157,797		148,594	$	1.06	135,572		146,987	$	0.92
Dilutive shares for long-term compensation plans	—		626			—		674
Net income available to common shareholders - diluted	$	157,797	149,220	$	1.06	$	135,572	147,661	$	0.92

Liberty Property Limited Partnership [Member]

Earnings Per Unit, 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
	September 30, 2015						September 30, 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	$	93,637					$	35,234
Less: Preferred unit distributions	(118		)				(118		)
Income from continuing operations available to common unitholders - basic	$	93,519		152,121	$	0.61	$	35,116		150,976	$	0.23
Dilutive units for long-term compensation plans	—			594			—			666
Income from continuing operations available to common unitholders - diluted	$	93,519		152,715	$	0.61	$	35,116		151,642	$	0.23
Income from discontinued operations - basic	$	—		152,121	$	—	$	133		150,976	$	—
Dilutive units for long-term compensation plans	—			594			—			666
Income from discontinued operations - diluted	$	—		152,715	$	—	$	133		151,642	$	—
Income available to common unitholders - basic	$	93,519		152,121	$	0.61	$	35,249		150,976	$	0.23
Dilutive units for long-term compensation plans	—			594			—			666
Income available to common unitholders - diluted	$	93,519		152,715	$	0.61	$	35,249		151,642	$	0.23

	For the Nine Months Ended						For the Nine Months Ended
	September 30, 2015						September 30, 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	$	161,914					$	90,914
Less: Preferred unit distributions	(354		)				(354		)
Income from continuing operations available to common unitholders - basic	161,560			152,134	$	1.06	90,560			150,541	$	0.60
Dilutive units for long-term compensation plans	—			626			—			674
Income from continuing operations available to common unitholders - diluted	161,560			152,760	$	1.06	90,560			151,215	$	0.60
Income from discontinued operations - basic	—			152,134	$	—	48,276			150,541	$	0.32
Dilutive units for long-term compensation plans	—			626			—			674
Income from discontinued operations - diluted	—			152,760	$	—	48,276			151,215	$	0.32
Income available to common unitholders - basic	161,560			152,134	$	1.06	138,836			150,541	$	0.92
Dilutive units for long-term compensation plans	—			626			—			674
Income available to common unitholders - diluted	$	161,560		152,760	$	1.06	$	138,836		151,215	$	0.92