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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Real Estate [Abstract]    
Land and land improvements $ 1,149,886 $ 1,046,571
Building and improvements 4,445,617 4,189,319
Less accumulated depreciation (935,363) (880,004)
Operating real estate 4,660,140 4,355,886
Development in progress 330,755 333,437
Land held for development 351,366 330,748
Net real estate 5,342,261 5,020,071
Cash and cash equivalents 24,211 11,882
Restricted cash 14,865 13,803
Accounts receivable, net 9,378 10,402
Deferred rent receivable, net 118,834 109,014
Deferred financing and leasing costs, net of accumulated amortization (June 30, 2018, $158,817; December 31, 2017, $155,865) 150,903 148,583
Investments in and advances to unconsolidated joint ventures 359,776 288,456
Assets held for sale 376,551 547,668
Prepaid expenses and other assets 154,094 289,878
Total assets 6,550,873 6,439,757
LIABILITIES    
Mortgage loans, net 235,753 267,093
Unsecured notes, net 2,284,882 2,283,513
Credit facility 394,223 358,939
Accounts payable 72,988 77,000
Accrued interest 22,081 21,796
Distributions payable 60,528 60,330
Other liabilities 273,135 204,005
Liabilities held for sale 2,521 11,178
Total liabilities 3,346,111 3,283,854
Noncontrolling interest - operating partnership - 301,483 preferred units outstanding as of June 30, 2018 and December 31, 2017 7,537 7,537
EQUITY    
Common shares of beneficial interest, $.001 par value, 283,987,000 shares authorized; 147,796,618 and 147,450,691 shares issued and outstanding as of June 30, 2018 and December 31, 2017, respectively 148 147
Additional paid-in capital 3,686,505 3,674,978
Accumulated other comprehensive loss (43,383) (37,797)
Distributions in excess of net income (508,386) (549,970)
Total Liberty Property Trust shareholders' equity 3,134,884 3,087,358
Noncontrolling interest - operating partnership    
Noncontrolling interest – operating partnership - 3,520,205 common units outstanding as of June 30, 2018 and December 31, 2017 56,918 56,159
Noncontrolling interest - consolidated joint ventures 5,423 4,849
Total owners' equity 3,197,225 3,148,366
Total liabilities, noncontrolling interest - operating partnership and equity 6,550,873 6,439,757
Liberty Property Limited Partnership [Member]    
Real Estate [Abstract]    
Land and land improvements 1,149,886 1,046,571
Building and improvements 4,445,617 4,189,319
Less accumulated depreciation (935,363) (880,004)
Operating real estate 4,660,140 4,355,886
Development in progress 330,755 333,437
Land held for development 351,366 330,748
Net real estate 5,342,261 5,020,071
Cash and cash equivalents 24,211 11,882
Restricted cash 14,865 13,803
Accounts receivable, net 9,378 10,402
Deferred rent receivable, net 118,834 109,014
Deferred financing and leasing costs, net of accumulated amortization (June 30, 2018, $158,817; December 31, 2017, $155,865) 150,903 148,583
Investments in and advances to unconsolidated joint ventures 359,776 288,456
Assets held for sale 376,551 547,668
Prepaid expenses and other assets 154,094 289,878
Total assets 6,550,873 6,439,757
LIABILITIES    
Mortgage loans, net 235,753 267,093
Unsecured notes, net 2,284,882 2,283,513
Credit facility 394,223 358,939
Accounts payable 72,988 77,000
Accrued interest 22,081 21,796
Distributions payable 60,528 60,330
Other liabilities 273,135 204,005
Liabilities held for sale 2,521 11,178
Total liabilities 3,346,111 3,283,854
Noncontrolling interest - operating partnership - 301,483 preferred units outstanding as of June 30, 2018 and December 31, 2017 7,537 7,537
EQUITY    
General partner’s equity - 147,796,618 and 147,450,691 common units outstanding as of June 30, 2018 and December 31, 2017, respectively 3,134,884 3,087,358
Limited partners’ equity – 3,520,205 common units outstanding as of June 30, 2018 and December 31, 2017 56,918 56,159
Noncontrolling interest - operating partnership    
Noncontrolling interest - consolidated joint ventures 5,423 4,849
Total owners' equity 3,197,225 3,148,366
Total liabilities, noncontrolling interest - operating partnership and equity $ 6,550,873 $ 6,439,757