XML 27 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statement of Equity - USD ($)
$ in Thousands
Total
Liberty Property Limited Partnership
Liberty Property Limited Partnership
Non-Controlling Interest
Liberty Property Limited Partnership
General Partner
Liberty Property Limited Partnership
Limited Partner
Common shares
Common units
Liberty Property Limited Partnership
Common units
Liberty Property Limited Partnership
General Partner
Common units
Liberty Property Limited Partnership
Limited Partner
COMMON SHARES OF BENEFICIAL INTEREST
ADDITIONAL PAID-IN CAPITAL
ACCUMULATED OTHER COMPREHENSIVE LOSS
DISTRIBUTIONS IN EXCESS OF NET INCOME
TOTAL LIBERTY PROPERTY TRUST SHAREHOLDERS’ EQUITY
NONCONTROLLING INTEREST - OPERATING PARTNERSHIP
Non-Controlling Interest
Beginning Balance at Dec. 31, 2015 $ 3,030,254 $ 3,030,254 $ 3,919 $ 2,972,581 $ 53,754         $ 148 $ 3,669,627 $ (22,506) $ (674,688) $ 2,972,581 $ 53,754 $ 3,919
Common shares outstanding - Beginning Balance (shares) at Dec. 31, 2015           147,577,984                    
General Partner's units outstanding - Beginning Balance (shares) at Dec. 31, 2015               147,577,984                
Limited Partners' units outstanding - Beginning Balance (shares) at Dec. 31, 2015                 3,539,075              
Increase (Decrease) in Stockholders' Equity                                
Net proceeds from the issuance of common shares 13,029                   13,029     13,029    
Net proceeds from the issuance of common shares (shares)           802,834                    
Net income 365,673 365,673 258 356,817 8,598               356,817 356,817 8,598 258
Distributions (285,802)                       (278,764) (278,764) (6,780) (258)
Share-based compensation, net of tax withholdings 15,699                   15,699     15,699    
Contributions from partners   28,728   28,728                        
Contributions from partners (shares)               802,834                
Distributions to partners   (285,802) (258) (278,764) (6,780)                      
Other comprehensive (loss) income - foreign currency translation (34,744) (34,744)   (33,925) (819)             (33,925)   (33,925) (819)  
Other comprehensive (loss) income - derivative instruments 410 410   400 10             400   400 10  
Acquisition of noncontrolling interests (700) (700) 982 (1,682)             (1,682)     (1,682)   982
Redemption of noncontrolling interests – common units                     132     132 (132)  
Redemption of noncontrolling interests – common units (shares)           9,044   9,044                
Redemption of limited partners common units for common shares       132 (132)                      
Redemption of limited partners common units for common shares (shares)                 (9,044)              
Share repurchase (40,896) (40,896)   (40,896)   $ (40,900) $ (40,900)     (1) (40,895)     (40,896)    
Share repurchase (in shares)           (1,396,844) (1,400,000) (1,396,844)                
Common shares outstanding - Ending Balance (shares) at Dec. 31, 2016           146,993,018                    
Limited Partners' units outstanding - Ending Balance (shares) at Dec. 31, 2016                 3,530,031              
General Partner's units outstanding - Ending Balance (shares) at Dec. 31, 2016               146,993,018                
Ending Balance at Dec. 31, 2016 3,062,923 3,062,923 4,901 3,003,391 54,631         147 3,655,910 (56,031) (596,635) 3,003,391 54,631 4,901
Noncontrolling interest - operating partnership (mezzanine) - Beginning of Period at Dec. 31, 2015 7,537 7,537                            
Increase (Decrease) in Limited Partners' Equity                                
Temporary equity, distributions (472) (472)                            
Temporary equity, net Income 472 472                            
Noncontrolling interest - operating partnership (mezzanine) - End of Period at Dec. 31, 2016 7,537 7,537                            
Increase (Decrease) in Stockholders' Equity                                
Net proceeds from the issuance of common shares 8,808                   8,808     8,808    
Net proceeds from the issuance of common shares (shares)           447,847                    
Net income 289,573 289,573 481 282,340 6,752               282,340 282,340 6,752 481
Distributions (241,717)                       (235,675) (235,675) (5,509) (533)
Share-based compensation, net of tax withholdings 10,108                   10,108     10,108    
Contributions from partners   18,916   18,916                        
Contributions from partners (shares)               447,847                
Distributions to partners   (241,717) (533) (235,675) (5,509)                      
Other comprehensive (loss) income - foreign currency translation 18,066 18,066   17,643 423             17,643   17,643 423  
Other comprehensive (loss) income - derivative instruments $ 605 $ 605   591 14             591   591 14  
Redemption of noncontrolling interests – common units                     152     152 (152)  
Redemption of noncontrolling interests – common units (shares)           9,826   9,826                
Redemption of limited partners common units for common shares       152 (152)                      
Redemption of limited partners common units for common shares (shares)                 (9,826)              
Share repurchase (in shares)             0                  
Common shares outstanding - Ending Balance (shares) at Dec. 31, 2017 147,450,691         147,450,691                    
Limited Partners' units outstanding - Ending Balance (shares) at Dec. 31, 2017 3,520,205 3,520,205             3,520,205              
General Partner's units outstanding - Ending Balance (shares) at Dec. 31, 2017   147,450,691           147,450,691                
Ending Balance at Dec. 31, 2017 $ 3,148,366 $ 3,148,366 4,849 3,087,358 56,159         147 3,674,978 (37,797) (549,970) 3,087,358 56,159 4,849
Increase (Decrease) in Limited Partners' Equity                                
Temporary equity, distributions (472) (472)                            
Temporary equity, net Income 472 472                            
Noncontrolling interest - operating partnership (mezzanine) - End of Period at Dec. 31, 2017 7,537 7,537                            
Increase (Decrease) in Stockholders' Equity                                
Net proceeds from the issuance of common shares 7,333                 1 7,332     7,333    
Net proceeds from the issuance of common shares (shares)           448,663                    
Net income 492,131 492,131 1,110 479,607 11,414               479,607 479,607 11,414 1,110
Distributions (242,665)                       (236,459) (236,459) (5,687) (519)
Share-based compensation, net of tax withholdings 9,468                   9,468     9,468    
Contributions from partners   16,801   16,801                        
Contributions from partners (shares)               448,663                
Distributions to partners   (242,665) (519) (236,459) (5,687)                      
Other comprehensive (loss) income - foreign currency translation (14,161) (14,161)   (13,832) (329)             (13,832)   (13,832) (329)  
Other comprehensive (loss) income - derivative instruments $ (3,700) $ (3,700)   (3,614) (86)             (3,614)   (3,614) (86)  
Redemption of noncontrolling interests – common units (shares)           0                    
Redemption of limited partners common units for common shares (shares)                 0              
Share repurchase (in shares)           0                    
Common shares outstanding - Ending Balance (shares) at Dec. 31, 2018 147,899,354         147,899,354                    
Limited Partners' units outstanding - Ending Balance (shares) at Dec. 31, 2018 3,520,205 3,520,205             3,520,205              
General Partner's units outstanding - Ending Balance (shares) at Dec. 31, 2018   147,899,354           147,899,354                
Ending Balance at Dec. 31, 2018 $ 3,396,772 $ 3,396,772 $ 5,440 $ 3,329,861 $ 61,471         $ 148 $ 3,691,778 $ (55,243) $ (306,822) $ 3,329,861 $ 61,471 $ 5,440
Increase (Decrease) in Limited Partners' Equity                                
Temporary equity, distributions (472) (472)                            
Temporary equity, net Income 472 472                            
Noncontrolling interest - operating partnership (mezzanine) - End of Period at Dec. 31, 2018 $ 7,537 $ 7,537