XML 45 R29.htm IDEA: XBRL DOCUMENT v3.10.0.1
Income per Common Unit of the Operating Partnership (Tables)
6 Months Ended
Jun. 30, 2018
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, 2018
 
June 30, 2017
 
Income
(Numerator)
 
Weighted
Average
Shares
(Denominator)
 
Per Share
 
Income
(Numerator)
 
Weighted
Average
Shares
(Denominator)
 
Per Share
Income from continuing operations net of noncontrolling interest - basic
$
12,123

 
147,274

 
$
0.08

 
$
44,071

 
146,688

 
$
0.30

Dilutive shares for long-term compensation plans

 
1,059

 
 
 

 
820

 
 
Income from continuing operations net of noncontrolling interest - diluted
$
12,123

 
148,333

 
$
0.08

 
$
44,071

 
147,508

 
$
0.30

Discontinued operations net of noncontrolling interest - basic
$
7,491

 
147,274

 
$
0.05

 
$
7,340

 
146,688

 
$
0.05

Dilutive shares for long-term compensation plans

 
1,059

 
 
 

 
820

 
 
Discontinued operations net of noncontrolling interest - diluted
$
7,491

 
148,333

 
$
0.05

 
$
7,340

 
147,508

 
$
0.05

Net income available to common shareholders - basic
$
19,614

 
147,274

 
$
0.13

 
$
51,411

 
146,688

 
$
0.35

Dilutive shares for long-term compensation plans

 
1,059

 
 
 

 
820

 
 
Net income available to common shareholders - diluted
$
19,614

 
148,333

 
$
0.13

 
$
51,411

 
147,508

 
$
0.35

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
For the Six Months Ended
 
For the Six Months Ended
 
June 30, 2018
 
June 30, 2017
 
Income
(Numerator)
 
Weighted
Average
Shares
(Denominator)
 
Per Share
 
Income
(Numerator)
 
Weighted
Average
Shares
(Denominator)
 
Per Share
Income from continuing operations net of noncontrolling interest - basic
$
56,953

 
147,184

 
$
0.39

 
$
80,896

 
146,602

 
$
0.55

Dilutive shares for long-term compensation plans
 
 
920

 
 
 
 
 
753

 
 
Income from continuing operations net of noncontrolling interest - diluted
$
56,953

 
148,104

 
$
0.39

 
$
80,896

 
147,355

 
$
0.55

Discontinued operations net of noncontrolling interest - basic
$
102,842

 
147,184

 
$
0.70

 
$
13,547

 
146,602

 
$
0.09

Dilutive shares for long-term compensation plans
 
 
920

 
 
 
 
 
753

 
 
Discontinued operations net of noncontrolling interest - diluted
102,842

 
148,104

 
$
0.69

 
13,547

 
147,355

 
$
0.09

Net income available to common shareholders - basic
$
159,795

 
147,184

 
$
1.09

 
$
94,443

 
146,602

 
$
0.64

Dilutive shares for long-term compensation plans
 
 
920

 
 
 
 
 
753

 
 
Net income available to common shareholders - diluted
$
159,795

 
148,104

 
$
1.08

 
$
94,443

 
147,355

 
$
0.64


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, 2018
 
June 30, 2017
 
Income (Numerator)
 
Weighted
Average Units
(Denominator)
 
Per Unit
 
Income
(Numerator)
 
Weighted
Average Units
(Denominator)
 
Per Unit
Income from continuing operations - net of noncontrolling interest - consolidated joint ventures
$
12,529

 
 
 
 
 
$
45,245

 
 
 
 
Less: Preferred unit distributions
(118
)
 
 
 
 
 
(118
)
 
 
 
 
Income from continuing operations available to common unitholders - basic
$
12,411

 
150,794

 
$
0.08

 
$
45,127

 
150,216

 
$
0.30

Dilutive units for long-term compensation plans

 
1,059

 
 
 

 
820

 
 
Income from continuing operations available to common unitholders - diluted
$
12,411

 
151,853

 
$
0.08

 
$
45,127

 
151,036

 
$
0.30

Income from discontinued operations - basic
$
7,670

 
150,794

 
$
0.05

 
$
7,516

 
150,216

 
$
0.05

Dilutive units for long-term compensation plans

 
1,059

 
 
 

 
820

 
 
Income from discontinued operations - diluted
$
7,670

 
151,853

 
$
0.05

 
$
7,516

 
151,036

 
$
0.05

Income available to common unitholders - basic
$
20,081

 
150,794

 
$
0.13

 
$
52,643

 
150,216

 
$
0.35

Dilutive units for long-term compensation plans

 
1,059

 
 
 

 
820

 
 
Income available to common unitholders - diluted
$
20,081

 
151,853

 
$
0.13

 
$
52,643

 
151,036

 
$
0.35

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the Six Months Ended
 
For the Six Months Ended
 
June 30, 2018
 
June 30, 2017
 
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
$
58,542

 
 
 
 
 
$
83,070

 
 
 
 
Less: Preferred unit distributions
(236
)
 
 
 
 
 
(236
)
 
 
 
 
Income from continuing operations available to common unitholders - basic
58,306

 
150,704

 
$
0.39

 
82,834

 
150,130

 
$
0.55

Dilutive units for long-term compensation plans

 
920

 
 
 

 
753

 
 
Income from continuing operations available to common unitholders - diluted
58,306

 
151,624

 
$
0.39

 
82,834

 
150,883

 
$
0.55

Income from discontinued operations - basic
105,295

 
150,704

 
$
0.70

 
13,872

 
150,130

 
$
0.09

Dilutive units for long-term compensation plans

 
920

 
 
 

 
753

 
 
Income from discontinued operations - diluted
105,295

 
151,624

 
$
0.69

 
13,872

 
150,883

 
$
0.09

Net income available to common unitholders - basic
163,601

 
150,704

 
$
1.09

 
96,706

 
150,130

 
$
0.64

Dilutive units for long-term compensation plans

 
920

 
 
 

 
753

 
 
Net income available to common unitholders - diluted
$
163,601

 
151,624

 
$
1.08

 
$
96,706

 
150,883

 
$
0.64