XML 59 R56.htm IDEA: XBRL DOCUMENT v2.4.0.6
Income per Common Unit of the Operating Partnership (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Income Per Common Unit [Line Items]                      
Income from continuing operations net of noncontrolling interest                 $ 123,945 $ 115,653 $ 104,522
Preferred Stock Redemption Discount                 3,689    
Weighted Average Number of Shares Outstanding, Basic                 116,863,000 114,755,000 112,924,000
Income from continuing operations net of noncontrolling interest, per common unit, basic                 $ 1.06 $ 1.00 $ 0.92
Dilutive units for long-term compensation plans                 831,000 748,000 682,000
Weighted Average Number of Shares Outstanding, Diluted                 117,694,000 115,503,000 113,606,000
Income from Continuing Operations, Per Diluted Common Unit                 $ 1.06 $ 1.00 $ 0.91
Discontinued operations 8,392 (1,845) 3,221 4,153 6,858 5,792 53,854 [1] 4,145 13,921 70,649 23,235
Discontinued operations net of noncontrolling interest, per common unit, basic                 $ 0.12 $ 0.60 $ 0.21
Discontinued operations net of noncontrolling interest, per common unit, diluted                 $ 0.11 $ 0.59 $ 0.21
Net Income Available to Common Shareholders, Basic                 137,436 183,999 127,762
Earnings Per Common Unit, Basic $ 0.33 [2] $ 0.24 [2] $ 0.29 [2] $ 0.32 [2] $ 0.30 [2] $ 0.31 [2] $ 0.74 [1],[2] $ 0.25 [2] $ 1.18 $ 1.60 $ 1.13
Earnings Per Common Unit, Diluted $ 0.32 [2] $ 0.24 [2] $ 0.29 [2] $ 0.32 [2] $ 0.30 [2] $ 0.31 [2] $ 0.74 [1],[2] $ 0.25 [2] $ 1.17 $ 1.59 $ 1.12
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount                 905,000 1,685,000 1,433,000
Stock Issued During Period, Shares, Stock Options Exercised                 841,000 256,000 315,000
Common Units Exchanged                 94,895 119,987 82,621
Common Stock, Dividends, Per Share, Declared                 $ 1.90 $ 1.90 $ 1.90
Liberty Property Limited Partnership [Member]
                     
Income Per Common Unit [Line Items]                      
Income from continuing operations net of noncontrolling interest                 134,105 140,572 129,975
Less: Preferred unit distributions                 (9,902) (21,069) (21,012)
Preferred Stock Redemption Discount                 3,689 0 0
Income from Continuing Operations available to Common Unitholders                 127,892 119,503 108,963
Weighted Average Number of Shares Outstanding, Basic                 120,623,000 118,624,000 116,871,000
Income from continuing operations net of noncontrolling interest, per common unit, basic                 $ 1.06 $ 1.00 $ 0.92
Dilutive units for long-term compensation plans                 831,000 748,000 682,000
Weighted Average Number of Shares Outstanding, Diluted                 121,454,000 119,372,000 117,553,000
Income from Continuing Operations, Per Diluted Common Unit                 $ 1.06 $ 1.00 $ 0.91
Discontinued operations                 13,921 70,649 23,235
Discontinued operations net of noncontrolling interest, per common unit, basic                 $ 0.12 $ 0.60 $ 0.21
Discontinued operations net of noncontrolling interest, per common unit, diluted                 $ 0.11 $ 0.59 $ 0.21
Net Income Available to Common Shareholders, Basic                 $ 141,813 $ 190,152 $ 132,198
Earnings Per Common Unit, Basic                 $ 1.18 $ 1.60 $ 1.13
Earnings Per Common Unit, Diluted                 $ 1.17 $ 1.59 $ 1.12
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount                 905,000 1,685,000 1,433,000
Stock Issued During Period, Shares, Stock Options Exercised                 841,000 256,000 315,000
Common Units Exchanged                   119,987 82,621
Common Stock, Dividends, Per Share, Declared                 $ 1.90 $ 1.90 $ 1.90
[1] Includes gain on sale included in discontinued operations of $50.2 million.
[2] The sum of quarterly financial data may vary from the annual data due to rounding.