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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Real Estate [Abstract]    
Land and land improvements $ 1,009,941 $ 1,184,927
Building and improvements 4,409,422 5,131,648
Less accumulated depreciation (917,201) (1,148,928)
Operating real estate 4,502,162 5,167,647
Development in progress 427,686 360,948
Land held for development 325,444 336,967
Net real estate 5,255,292 5,865,562
Cash and cash equivalents 42,290 35,353
Restricted cash 5,661 9,018
Accounts receivable 13,983 14,343
Deferred rent receivable 106,864 118,787
Deferred financing and leasing costs, net of accumulated amortization (September 30, 2016, $153,022; December 31, 2015, $175,798) 153,593 192,109
Investments in and advances to unconsolidated joint ventures 236,800 218,454
Assets held for sale 786,272 4,954
Prepaid expenses and other assets 122,167 99,049
Total assets 6,722,922 6,557,629
LIABILITIES    
Mortgage loans 281,384 307,908
Unsecured notes 2,675,644 2,580,108
Credit facility 420,000 259,000
Accounts payable 76,599 51,382
Accrued interest 38,954 26,154
Dividend and distributions payable 71,378 71,787
Other liabilities 204,031 243,806
Liabilities held for sale 25,416 0
Total liabilities 3,793,406 3,540,145
Noncontrolling interest - operating partnership - 301,483 preferred units outstanding as of September 30, 2016 and December 31, 2015 7,537 7,537
EQUITY    
Common shares of beneficial interest, $.001 par value, 283,987,000 shares authorized; 146,981,465 and 147,577,984 shares issued and outstanding as of September 30, 2016 and December 31, 2015, respectively 147 148
Additional paid-in capital 3,654,652 3,669,627
Accumulated other comprehensive loss (41,459) (17,893)
Distributions in excess of net income (746,530) (698,954)
Total Liberty Property Trust shareholders' equity 2,866,810 2,952,928
Noncontrolling interest - operating partnership    
Noncontrolling interest - operating partnerships 51,250 53,100
Noncontrolling interest - consolidated joint ventures 3,919 3,919
Total owners' equity 2,921,979 3,009,947
Total liabilities, noncontrolling interest - operating partnership and equity 6,722,922 6,557,629
Liberty Property Limited Partnership [Member]    
Real Estate [Abstract]    
Land and land improvements 1,009,941 1,184,927
Building and improvements 4,409,422 5,131,648
Less accumulated depreciation (917,201) (1,148,928)
Operating real estate 4,502,162 5,167,647
Development in progress 427,686 360,948
Land held for development 325,444 336,967
Net real estate 5,255,292 5,865,562
Cash and cash equivalents 42,290 35,353
Restricted cash 5,661 9,018
Accounts receivable 13,983 14,343
Deferred rent receivable 106,864 118,787
Deferred financing and leasing costs, net of accumulated amortization (September 30, 2016, $153,022; December 31, 2015, $175,798) 153,593 192,109
Investments in and advances to unconsolidated joint ventures 236,800 218,454
Assets held for sale 786,272 4,954
Prepaid expenses and other assets 122,167 99,049
Total assets 6,722,922 6,557,629
LIABILITIES    
Mortgage loans 281,384 307,908
Unsecured notes 2,675,644 2,580,108
Credit facility 420,000 259,000
Accounts payable 76,599 51,382
Accrued interest 38,954 26,154
Dividend and distributions payable 71,378 71,787
Other liabilities 204,031 243,806
Liabilities held for sale 25,416 0
Total liabilities 3,793,406 3,540,145
Noncontrolling interest - operating partnership - 301,483 preferred units outstanding as of September 30, 2016 and December 31, 2015 7,537 7,537
EQUITY    
General partner’s equity - 146,981,465 and 147,577,984 common units outstanding as of September 30, 2016 and December 31, 2015, respectively 2,866,810 2,952,928
Limited partners' equity 51,250 53,100
Noncontrolling interest - operating partnership    
Noncontrolling interest - consolidated joint ventures 3,919 3,919
Total owners' equity 2,921,979 3,009,947
Total liabilities, noncontrolling interest - operating partnership and equity $ 6,722,922 $ 6,557,629