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Income per Common Unit of the Operating Partnership (Tables)
6 Months Ended
Jun. 30, 2017
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, 2017
 
June 30, 2016
 
Income
(Numerator)
 
Weighted
Average
Shares
(Denominator)
 
Per Share
 
Income
(Numerator)
 
Weighted
Average
Shares
(Denominator)
 
Per Share
Net income available to common shareholders - basic
$
51,411

 
146,688

 
$
0.35

 
$
49,627

 
145,995

 
$
0.34

Dilutive shares for long-term compensation plans

 
820

 
 
 

 
740

 
 
Net income available to common shareholders - diluted
$
51,411

 
147,508

 
$
0.35

 
$
49,627

 
146,735

 
$
0.34

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the Six Months Ended
 
For the Six Months Ended
 
June 30, 2017
 
June 30, 2016
 
Income
(Numerator)
 
Weighted
Average
Shares
(Denominator)
 
Per Share
 
Income
(Numerator)
 
Weighted
Average
Shares
(Denominator)
 
Per Share
Net income available to common shareholders - basic
$
94,443

 
146,602

 
$
0.64

 
$
107,181

 
146,002

 
$
0.73

Dilutive shares for long-term compensation plans

 
753

 
 
 

 
620

 
 
Net income available to common shareholders - diluted
$
94,443

 
147,355

 
$
0.64

 
$
107,181

 
146,622

 
$
0.73


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, 2017
 
June 30, 2016
 
Income (Numerator)
 
Weighted
Average Units
(Denominator)
 
Per Unit
 
Income
(Numerator)
 
Weighted
Average Units
(Denominator)
 
Per Unit
Net income - net of noncontrolling interest - consolidated joint ventures
$
52,761

 
 
 
 
 
$
50,944

 
 
 
 
Less: Preferred unit distributions
(118
)
 
 
 
 
 
(118
)
 
 
 
 
Net income available to common unitholders - basic
$
52,643

 
150,216

 
$
0.35

 
$
50,826

 
149,534

 
$
0.34

Dilutive units for long-term compensation plans

 
820

 
 
 

 
740

 
 
Net income available to common unitholders - diluted
$
52,643

 
151,036

 
$
0.35

 
$
50,826

 
150,274

 
$
0.34

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the Six Months Ended
 
For the Six Months Ended
 
June 30, 2017
 
June 30, 2016
 
Income
(Numerator)
 
Weighted
Average Units
(Denominator)
 
Per Unit
 
Income
(Numerator)
 
Weighted
Average Units
(Denominator)
 
Per Unit
Net income - net of noncontrolling interest - consolidated joint ventures
$
96,942

 
 
 
 
 
$
110,007

 
 
 
 
Less: Preferred unit distributions
(236
)
 
 
 
 
 
(236
)
 
 
 
 
Net income available to common unitholders - basic
96,706

 
150,130

 
$
0.64

 
109,771

 
149,541

 
$
0.73

Dilutive units for long-term compensation plans

 
753

 
 
 

 
620

 
 
Net income available to common unitholders - diluted
$
96,706

 
150,883

 
$
0.64

 
$
109,771

 
150,161

 
$
0.73