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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
OPERATING ACTIVITIES      
Net income $ 147,751 $ 210,710 $ 153,375
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 167,421 171,714 174,013
Amortization of deferred financing costs 4,682 5,190 6,339
Equity in loss (earnings) of unconsolidated joint ventures 681 (3,496) (2,296)
Distributions from unconsolidated joint ventures 624 551 657
Gain on property dispositions (15,506) (65,607) (11,095)
Noncash compensation 10,057 10,555 11,595
Changes in operating assets and liabilities:      
Restricted cash 30,713 (14,114) (7,294)
Accounts receivable (799) (1,320) (850)
Deferred rent receivable (6,363) (6,566) (13,581)
Prepaid expenses and other assets (10,871) 6,027 (7,597)
Accounts payable 7,641 (229) (7,399)
Accrued interest (3,983) (5,674) (1,430)
Other liabilities (14,882) 9,983 (2,173)
Net cash provided by operating activities 317,166 317,724 292,264
INVESTING ACTIVITIES      
Investment in properties - acquisitions (211,894) (233,568) (43,505)
Investment in properties - other (49,682) (75,834) (75,857)
Investments in and advances to unconsolidated joint ventures (1,461) (11,195) (1,870)
Distributions from unconsolidated joint ventures 6,009 11,364 6,776
Net proceeds from disposition of properties/land 234,686 390,754 35,934
Net (advances on) proceeds from public reimbursement receivable/escrow (986) (10,237) 18,917
Investment in development in progress (199,384) (48,628) (7,481)
Investment in land held for development (67,513) (52,868) (6,086)
Investment in deferred leasing costs (22,444) (26,011) (30,289)
Net cash used in investing activities (312,669) (56,223) (103,461)
FINANCING ACTIVITIES      
Net proceeds from issuance of Common Shares 58,710 44,552 37,434
Redemption of preferred units (221,000) (9,060) 0
Proceeds from unsecured notes 700,000 0 366,000
Repayments of unsecured notes (230,100) (246,500) (169,739)
Proceeds from mortgage loans 34,599 0 743
Repayments of mortgage loans (35,099) (29,860) (156,890)
Proceeds from credit facility 839,250 650,500 338,500
Repayments on credit facility (886,650) (511,100) (478,500)
Increase in deferred financing costs (7,206) (3,023) (9,697)
Distribution paid on Common Shares (222,573) (218,613) (215,083)
Distribution paid on units (17,241) (28,409) (28,610)
Net cash provided by (used in) financing activities 12,690 (351,513) (315,842)
Net increase (decrease) in cash and cash equivalents 17,187 (90,012) (127,039)
Increase (decrease) in cash and cash equivalents related to foreign currency translation 2,965 (193) (1,998)
Cash and cash equivalents at beginning of year 18,204 108,409 237,446
Cash and cash equivalents at end of year 38,356 18,204 108,409
Liberty Property Limited Partnership [Member]
     
OPERATING ACTIVITIES      
Net income 147,751 210,710 153,375
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 167,421 171,714 174,013
Amortization of deferred financing costs 4,682 5,190 6,339
Equity in loss (earnings) of unconsolidated joint ventures 681 (3,496) (2,296)
Distributions from unconsolidated joint ventures 624 551 657
Gain on property dispositions (15,506) (65,607) (11,095)
Noncash compensation 10,057 10,555 11,595
Changes in operating assets and liabilities:      
Restricted cash 30,713 (14,114) (7,294)
Accounts receivable (799) (1,320) (850)
Deferred rent receivable (6,363) (6,566) (13,581)
Prepaid expenses and other assets (10,871) 6,027 (7,597)
Accounts payable 7,641 (229) (7,399)
Accrued interest (3,983) (5,674) (1,430)
Other liabilities (14,882) 9,983 (2,173)
Net cash provided by operating activities 317,166 317,724 292,264
INVESTING ACTIVITIES      
Investment in properties - acquisitions (211,894) (233,568) (43,505)
Investment in properties - other (49,682) (75,834) (75,857)
Investments in and advances to unconsolidated joint ventures (1,461) (11,195) (1,870)
Distributions from unconsolidated joint ventures 6,009 11,364 6,776
Net proceeds from disposition of properties/land 234,686 390,754 35,934
Net (advances on) proceeds from public reimbursement receivable/escrow (986) (10,237) 18,917
Investment in development in progress (199,384) (48,628) (7,481)
Investment in land held for development (67,513) (52,868) (6,086)
Investment in deferred leasing costs (22,444) (26,011) (30,289)
Net cash used in investing activities (312,669) (56,223) (103,461)
FINANCING ACTIVITIES      
Redemption of preferred units (221,000) (9,060) 0
Proceeds from unsecured notes 700,000 0 366,000
Repayments of unsecured notes (230,100) (246,500) (169,739)
Proceeds from mortgage loans 34,599 0 743
Repayments of mortgage loans (35,099) (29,860) (156,890)
Proceeds from credit facility 839,250 650,500 338,500
Repayments on credit facility (886,650) (511,100) (478,500)
Increase in deferred financing costs (7,206) (3,023) (9,697)
Capital contributions 58,710 44,552 37,434
Distributions to partners (239,814) (247,022) (243,693)
Net cash provided by (used in) financing activities 12,690 (351,513) (315,842)
Net increase (decrease) in cash and cash equivalents 17,187 (90,012) (127,039)
Increase (decrease) in cash and cash equivalents related to foreign currency translation 2,965 (193) (1,998)
Cash and cash equivalents at beginning of year 18,204 108,409 237,446
Cash and cash equivalents at end of year $ 38,356 $ 18,204 $ 108,409