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Income per Common Unit of the Operating Partnership (Tables)
6 Months Ended
Jun. 30, 2016
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
 
June 30, 2016
 
June 30, 2015
 
Income
(Numerator)
 
Weighted
Average
Shares
(Denominator)
 
Per Share
 
Income
(Numerator)
 
Weighted
Average
Shares
(Denominator)
 
Per Share
Net income available to common shareholders - basic
$
49,627

 
145,995

 
$
0.34

 
$
35,513

 
148,778

 
$
0.24

Dilutive shares for long-term compensation plans

 
740

 
 
 

 
676

 
 
Net income available to common shareholders - diluted
$
49,627

 
146,735

 
$
0.34

 
$
35,513

 
149,454

 
$
0.24

 
 
 
 
 
 
 
 
 
 
 
 
 
For the Six Months Ended
 
For the Six Months Ended
 
June 30, 2016
 
June 30, 2015
 
Income
(Numerator)
 
Weighted
Average
Shares
(Denominator)
 
Per Share
 
Income
(Numerator)
 
Weighted
Average
Shares
(Denominator)
 
Per Share
Net income available to common shareholders - basic
$
107,181

 
146,002

 
$
0.73

 
$
66,464

 
148,574

 
$
0.45

Dilutive shares for long-term compensation plans

 
620

 
 
 

 
673

 
 
Net income available to common shareholders - diluted
$
107,181

 
146,622

 
$
0.73

 
$
66,464

 
149,247

 
$
0.45


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
 
June 30, 2016
 
June 30, 2015
 
Income (Numerator)
 
Weighted
Average Units
(Denominator)
 
Per Unit
 
Income
(Numerator)
 
Weighted
Average Units
(Denominator)
 
Per Unit
Income - net of noncontrolling interest - consolidated joint ventures
$
50,944

 
 
 
 
 
$
36,471

 
 
 
 
Less: Preferred unit distributions
(118
)
 
 
 
 
 
(118
)
 
 
 
 
Income available to common unitholders - basic
$
50,826

 
149,534

 
$
0.34

 
$
36,353

 
152,317

 
$
0.24

Dilutive units for long-term compensation plans

 
740

 
 
 

 
676

 
 
Income available to common unitholders - diluted
$
50,826

 
150,274

 
$
0.34

 
$
36,353

 
152,993

 
$
0.24

 
 
 
 
 
 
 
 
 
 
 
 
 
For the Six Months Ended
 
For the Six Months Ended
 
June 30, 2016
 
June 30, 2015
 
Income
(Numerator)
 
Weighted
Average Units
(Denominator)
 
Per Unit
 
Income
(Numerator)
 
Weighted
Average Units
(Denominator)
 
Per Unit
Income - net of noncontrolling interest - consolidated joint ventures
$
110,007

 
 
 
 
 
$
68,275

 
 
 
 
Less: Preferred unit distributions
(236
)
 
 
 
 
 
(236
)
 
 
 
 
Income available to common unitholders - basic
109,771

 
149,541

 
$
0.73

 
68,039

 
152,114

 
$
0.45

Dilutive units for long-term compensation plans

 
620

 
 
 

 
673

 
 
Income available to common unitholders - diluted
$
109,771

 
150,161

 
$
0.73

 
$
68,039

 
152,787

 
$
0.45