Income per Common Unit of the Operating Partnership (Tables)

3 Months Ended

Mar. 31, 2019

Earnings Per Unit, Basic and Diluted [Line Items]

Schedule of earnings per share

The following table sets forth the computation of basic and diluted income per common share of the Trust (in thousands except per share amounts):

	Three Months Ended					Three Months Ended
	March 31, 2019					March 31, 2018
	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	$	39,887	147,559	$	0.27	$	39,574	147,060	$	0.27
Dilutive shares for long-term compensation plans	—		981			—		813
Income from continuing operations net of noncontrolling interest - diluted	$	39,887	148,540	$	0.27	$	39,574	147,873	$	0.27
Discontinued operations net of noncontrolling interest - basic	$	14,443	147,559	$	0.10	$	100,607	147,060	$	0.68
Dilutive shares for long-term compensation plans	—		981			—		813
Discontinued operations net of noncontrolling interest - diluted	$	14,443	148,540	$	0.10	$	100,607	147,873	$	0.68
Net income available to common shareholders - basic	$	54,330	147,559	$	0.37	$	140,181	147,060	$	0.95
Dilutive shares for long-term compensation plans	—		981			—		813
Net income available to common shareholders - diluted	$	54,330	148,540	$	0.37	$	140,181	147,873	$	0.95

Liberty Property Limited Partnership

Earnings Per Unit, Basic and Diluted [Line Items]

Schedule of earnings per share

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):

	Three Months Ended						Three Months Ended
	March 31, 2019						March 31, 2018
	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	$	40,918					$	40,631
Less: Preferred unit distributions	(84		)				(118		)
Income from continuing operations available to common unitholders - basic	$	40,834		151,079	$	0.27	$	40,513		150,580	$	0.27
Dilutive units for long-term compensation plans	—			981			—			813
Income from continuing operations available to common unitholders - diluted	$	40,834		152,060	$	0.27	$	40,513		151,393	$	0.27
Income from discontinued operations - basic	$	14,786		151,079	$	0.10	$	103,007		150,580	$	0.68
Dilutive units for long-term compensation plans	—			981			—			813
Income from discontinued operations - diluted	$	14,786		152,060	$	0.10	$	103,007		151,393	$	0.68
Income available to common unitholders - basic	$	55,620		151,079	$	0.37	$	143,520		150,580	$	0.95
Dilutive units for long-term compensation plans	—			981			—			813
Income available to common unitholders - diluted	$	55,620		152,060	$	0.37	$	143,520		151,393	$	0.95