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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Real Estate [Abstract]    
Land and land improvements $ 1,191,875 $ 1,182,366
Building and improvements 5,161,117 5,122,396
Less accumulated depreciation (1,199,941) (1,148,014)
Operating real estate 5,153,051 5,156,748
Development in progress 438,542 360,948
Land held for development 324,836 336,967
Net real estate 5,916,429 5,854,663
Cash and cash equivalents 29,340 35,353
Restricted cash 5,029 9,018
Accounts receivable 12,315 14,343
Deferred rent receivable 124,948 118,783
Deferred financing and leasing costs, net of accumulated amortization (June 30, 2016, $175,870; December 31, 2015, $175,023) 178,980 191,987
Investments in and advances to unconsolidated joint ventures 222,679 218,454
Assets held for sale 2,915 15,979
Prepaid expenses and other assets 92,233 99,049
Total assets 6,584,868 6,557,629
LIABILITIES    
Mortgage loans 284,892 307,908
Unsecured notes 2,581,663 2,580,108
Credit facility 395,000 259,000
Accounts payable 67,585 51,382
Accrued interest 26,496 26,154
Dividend and distributions payable 71,363 71,787
Other liabilities 217,885 243,806
Total liabilities 3,644,884 3,540,145
Noncontrolling interest - operating partnership - 301,483 preferred units outstanding as of June 30, 2016 and December 31, 2015 7,537 7,537
EQUITY    
Common shares of beneficial interest, $.001 par value, 283,987,000 shares authorized; 146,716,684 and 147,577,984 shares issued and outstanding as of June 30, 2016 and December 31, 2015, respectively 147 148
Additional paid-in capital 3,645,432 3,669,627
Accumulated other comprehensive loss (37,803) (17,893)
Distributions in excess of net income (730,959) (698,954)
Total Liberty Property Trust shareholders' equity 2,876,817 2,952,928
Noncontrolling interest - operating partnership    
Noncontrolling interest - operating partnerships 51,711 53,100
Noncontrolling interest - consolidated joint ventures 3,919 3,919
Total owners' equity 2,932,447 3,009,947
Total liabilities, noncontrolling interest - operating partnership and equity 6,584,868 6,557,629
Liberty Property Limited Partnership [Member]    
Real Estate [Abstract]    
Land and land improvements 1,191,875 1,182,366
Building and improvements 5,161,117 5,122,396
Less accumulated depreciation (1,199,941) (1,148,014)
Operating real estate 5,153,051 5,156,748
Development in progress 438,542 360,948
Land held for development 324,836 336,967
Net real estate 5,916,429 5,854,663
Cash and cash equivalents 29,340 35,353
Restricted cash 5,029 9,018
Accounts receivable 12,315 14,343
Deferred rent receivable 124,948 118,783
Deferred financing and leasing costs, net of accumulated amortization (June 30, 2016, $175,870; December 31, 2015, $175,023) 178,980 191,987
Investments in and advances to unconsolidated joint ventures 222,679 218,454
Assets held for sale 2,915 15,979
Prepaid expenses and other assets 92,233 99,049
Total assets 6,584,868 6,557,629
LIABILITIES    
Mortgage loans 284,892 307,908
Unsecured notes 2,581,663 2,580,108
Credit facility 395,000 259,000
Accounts payable 67,585 51,382
Accrued interest 26,496 26,154
Dividend and distributions payable 71,363 71,787
Other liabilities 217,885 243,806
Total liabilities 3,644,884 3,540,145
Noncontrolling interest - operating partnership - 301,483 preferred units outstanding as of June 30, 2016 and December 31, 2015 7,537 7,537
EQUITY    
General partner’s equity - 146,716,684 and 147,577,984 common units outstanding as of June 30, 2016 and December 31, 2015, respectively 2,876,817 2,952,928
Limited partners' equity 51,711 53,100
Noncontrolling interest - operating partnership    
Noncontrolling interest - consolidated joint ventures 3,919 3,919
Total owners' equity 2,932,447 3,009,947
Total liabilities, noncontrolling interest - operating partnership and equity $ 6,584,868 $ 6,557,629