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Income per Common Unit of the Operating Partnership (Tables)
9 Months Ended
Sep. 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
 
September 30, 2017
 
September 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
$
59,539

 
146,811

 
$
0.41

 
$
54,253

 
146,215

 
$
0.37

Dilutive shares for long-term compensation plans

 
785

 
 
 

 
892

 
 
Net income available to common shareholders - diluted
$
59,539

 
147,596

 
$
0.40

 
$
54,253

 
147,107

 
$
0.37

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the Nine Months Ended
 
For the Nine Months Ended
 
September 30, 2017
 
September 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
$
153,982

 
146,678

 
$
1.05

 
$
161,434

 
146,121

 
$
1.10

Dilutive shares for long-term compensation plans

 
752

 
 
 

 
667

 
 
Net income available to common shareholders - diluted
$
153,982

 
147,430

 
$
1.04

 
$
161,434

 
146,788

 
$
1.10


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, 2017
 
September 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
$
61,084

 
 
 
 
 
$
55,677

 
 
 
 
Less: Preferred unit distributions
(118
)
 
 
 
 
 
(118
)
 
 
 
 
Net income available to common unitholders - basic
$
60,966

 
150,339

 
$
0.41

 
$
55,559

 
149,751

 
$
0.37

Dilutive units for long-term compensation plans

 
785

 
 
 

 
892

 
 
Net income available to common unitholders - diluted
$
60,966

 
151,124

 
$
0.40

 
$
55,559

 
150,643

 
$
0.37

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the Nine Months Ended
 
For the Nine Months Ended
 
September 30, 2017
 
September 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
$
158,026

 
 
 
 
 
$
165,684

 
 
 
 
Less: Preferred unit distributions
(354
)
 
 
 
 
 
(354
)
 
 
 
 
Net income available to common unitholders - basic
157,672

 
150,206

 
$
1.05

 
165,330

 
149,659

 
$
1.10

Dilutive units for long-term compensation plans

 
752

 
 
 

 
667

 
 
Net income available to common unitholders - diluted
$
157,672

 
150,958

 
$
1.04

 
$
165,330

 
150,326

 
$
1.10