v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
ASSETS    
Real estate, at cost $ 18,362,993 $ 17,158,210
Construction in progress 715,609 1,523,179
Land held for future development 276,804 297,376
Less: accumulated depreciation (3,469,130) (3,161,571)
Total real estate 15,886,276 15,817,194
Cash and cash equivalents 846,664 2,365,137
Cash held in escrows 153,161 57,201
Investments in securities 18,834 16,641
Tenant and other receivables (net of allowance for doubtful accounts of $1,080 and $1,636, respectively) 43,210 59,464
Accrued rental income (net of allowance of $7,397 and $3,636, respectively) 689,885 651,603
Deferred charges, net 837,907 884,450
Prepaid expenses and other assets 219,074 184,477
Investments in unconsolidated joint ventures 180,149 126,084
Total assets 18,875,160 20,162,251
Liabilities:    
Mortgage notes payable 4,328,464 4,449,734
Unsecured senior notes (net of discount of $12,828 and $14,146, respectively) 5,837,172 5,835,854
Unsecured exchangeable senior notes (net of discount of $0 and $182, respectively) 0 744,880
Unsecured line of credit 0 0
Mezzanine notes payable 310,114 311,040
Outside members' notes payable 180,000 180,000
Accounts payable and accrued expenses 253,600 202,470
Dividends and distributions payable 112,708 497,242
Accrued interest payable 181,954 167,523
Other liabilities 517,428 578,969
Total liabilities 11,721,440 12,967,712
Commitments and contingencies 0 0
Noncontrolling interests:    
Redeemable preferred units of the Operating Partnership 2,022 51,312
Redeemable interest in property partnership 104,105 99,609
Equity:    
Excess stock, $.01 par value, 150,000,000 shares authorized, none issued or outstanding 0 0
Preferred stock, $.01 par value, 50,000,000 shares authorized;    
5.25% Series B cumulative redeemable preferred stock, $.01 par value, liquidation preference $2,500 per share, 92,000 shares authorized, 80,000 shares issued and outstanding at September 30, 2014 and December 31, 2013 200,000 200,000
Common stock, $.01 par value, 250,000,000 shares authorized, 153,178,686 and 153,062,001 issued and 153,099,786 and 152,983,101 outstanding at September 30, 2014 and December 31, 2013, respectively 1,531 1,530
Additional paid-in capital 5,684,649 5,662,453
Dividends in excess of earnings (148,566) (108,552)
Treasury common stock at cost, 78,900 shares at September 30, 2014 and December 31, 2013 (2,722) (2,722)
Accumulated other comprehensive loss (9,866) (11,556)
Total stockholders’ equity attributable to Boston Properties, Inc. 5,725,026 5,741,153
Noncontrolling interests:    
Common units of the Operating Partnership 606,002 576,333
Property partnerships 716,565 726,132
Total equity 7,047,593 7,043,618
Total liabilities and equity $ 18,875,160 $ 20,162,251