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Derivative Instruments and Hedging Activities Derivative Instruments and Hedging Activities (Tables)
6 Months Ended
Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]
Boston Properties Limited Partnership’s and 767 Fifth Avenue Partners LLC’s interest rate swap contracts consisted of the following at June 30, 2016 (dollars in thousands):
Derivative Instrument
 
Aggregate Notional Amount
 
Effective Date
 
Maturity Date
 
Strike Rate Range
 
Balance Sheet Location
 
Fair Value
 
 
 
 
Low
 
High
 
 
Boston Properties Limited Partnership:
 
 
 
 
 
 
 
 
 
 
Interest Rate Swaps
 
$
550,000

 
September 1, 2016
 
September 1, 2026
 
2.129
%
-
2.571
%
 
Other Liabilities
 
$
(53,861
)
767 Fifth Partners LLC:
 
 
 
 
 
 
 
 
 
 
 
 
Interest Rate Swaps
 
$
450,000

 
June 7, 2017
 
June 7, 2027
 
2.336
%
-
2.950
%
 
Other Liabilities
 
$
(47,438
)
 
 
$
1,000,000

 
 
 
 
 
 
 
 
 
 
 
$
(101,299
)
Boston Properties Limited Partnership’s and 767 Fifth Avenue Partners LLC’s interest rate swap contracts consisted of the following at December 31, 2015 (dollars in thousands):
Derivative Instrument
 
Aggregate Notional Amount
 
Effective Date
 
Maturity Date
 
Strike Rate Range
 
Balance Sheet Location
 
Fair Value
 
 
 
 
Low
 
High
 
 
Boston Properties Limited Partnership:
 
 
 
 
 
 
 
 
 
 
Interest Rate Swaps
 
$
400,000

 
September 1, 2016
 
September 1, 2026
 
2.348
%
-
2.571
%
 
Other Liabilities
 
$
(5,419
)
Interest Rate Swaps
 
150,000

 
September 1, 2016
 
September 1, 2026
 
2.129
%
-
2.325
%
 
Prepaid Expenses and Other Assets
 
1,188

 
 
$
550,000

 
 
 
 
 
 
 
 
 
 
 
$
(4,231
)
767 Fifth Partners LLC:
 
 
 
 
 
 
 
 
 
 
 
 
Interest Rate Swaps
 
$
250,000

 
June 7, 2017
 
June 7, 2027
 
2.677
%
-
2.950
%
 
Other Liabilities
 
$
(7,247
)
Interest Rate Swaps
 
150,000

 
June 7, 2017
 
June 7, 2027
 
2.336
%
-
2.430
%
 
Prepaid Expenses and Other Assets
 
1,176

 
 
$
400,000

 
 
 
 
 
 
 
 
 
 
 
$
(6,071
)
 
 
$
950,000

 
 
 
 
 
 
 
 
 
 
 
$
(10,302
)
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]
The following table presents the location in the financial statements of the losses recognized related to the Company’s cash flow hedges for the three and six months ended June 30, 2016 and 2015:
 
 
Three months ended June 30,
 
Six months ended June 30,
 
 
2016
 
2015
 
2016
 
2015
 
 
(in thousands)
Amount of income (loss) related to the effective portion recognized in other comprehensive loss
 
$
(32,351
)
 
$
15,639

 
$
(90,997
)
 
$
12,106

Amount of loss related to the effective portion subsequently reclassified to earnings (1)
 
$
(628
)
 
$
(628
)
 
$
(1,255
)
 
$
(1,255
)
Amount of gain (loss) related to the ineffective portion and amount excluded from effectiveness testing
 
$

 
$

 
$

 
$

___________
(1)
Consists of amounts from previous interest rate hedging programs entered into prior to 2015.
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
Boston Properties, Inc.
The following table reflects the changes in accumulated other comprehensive loss for the six months ended June 30, 2016 and 2015 (in thousands):
Balance at December 31, 2015
 
$
(14,114
)
Effective portion of interest rate contracts
 
(90,997
)
Amortization of interest rate contracts (1)
 
1,255

Other comprehensive loss attributable to noncontrolling interests
 
24,108

Balance at June 30, 2016
 
$
(79,748
)
 
 
 
Balance at December 31, 2014
 
$
(9,304
)
Effective portion of interest rate contracts
 
12,106

Amortization of interest rate contracts (1)
 
1,255

Other comprehensive income attributable to noncontrolling interests
 
(2,209
)
Balance at June 30, 2015
 
$
1,848

___________
(1)
Consists of amounts from previous interest rate hedging programs entered into prior to 2015.
Boston Properties Limited Partnership
The following table reflects the changes in accumulated other comprehensive loss for the six months ended June 30, 2016 and 2015 (in thousands):
Balance at December 31, 2015
 
$
(18,337
)
Effective portion of interest rate contracts
 
(90,997
)
Amortization of interest rate contracts (1)
 
1,255

Other comprehensive loss attributable to noncontrolling interests
 
16,547

Balance at June 30, 2016
 
$
(91,532
)
 
 
 
Balance at December 31, 2014
 
$
(12,973
)
Effective portion of interest rate contracts
 
12,106

Amortization of interest rate contracts (1)
 
1,255

Other comprehensive income attributable to noncontrolling interests
 
(916
)
Balance at June 30, 2015
 
$
(528
)
___________
(1)
Consists of amounts from previous interest rate hedging programs entered into prior to 2015.