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Segment Information (Tables)

6 Months Ended

Jun. 30, 2016

Segment Reporting [Abstract]

Schedule Of Segment Information By Geographic Area And Property Type

Information by geographic area and property type (dollars in thousands):

For the three months ended June 30, 2016:

	Boston				New York				San Francisco				Washington, DC				Total
Rental Revenue:
Office	$	179,048			$	243,957			$	78,524			$	99,588			$	601,117
Residential	1,180				—				—				2,908				4,088
Hotel	12,808				—				—				—				12,808
Total	193,036				243,957				78,524				102,496				618,013
% of Grand Totals	31.24		%		39.47		%		12.71		%		16.58		%		100.00		%
Rental Expenses:
Office	68,754				88,749				25,470				33,359				216,332
Residential	513				—				—				1,093				1,606
Hotel	7,978				—				—				—				7,978
Total	77,245				88,749				25,470				34,452				225,916
% of Grand Totals	34.19		%		39.29		%		11.27		%		15.25		%		100.00		%
Net operating income	$	115,791			$	155,208			$	53,054			$	68,044			$	392,097
% of Grand Totals	29.53		%		39.59		%		13.53		%		17.35		%		100.00		%

For the three months ended June 30, 2015:

	Boston				New York				San Francisco				Washington, DC				Total
Rental Revenue:
Office	$	180,936			$	246,432			$	74,335			$	94,442			$	596,145
Residential	1,131				—				—				2,680				3,811
Hotel	13,403				—				—				—				13,403
Total	195,470				246,432				74,335				97,122				613,359
% of Grand Totals	31.87		%		40.18		%		12.12		%		15.83		%		100.00		%
Rental Expenses:
Office	69,653				85,661				24,415				33,204				212,933
Residential	511				—				—				1,020				1,531
Hotel	8,495				—				—				—				8,495
Total	78,659				85,661				24,415				34,224				222,959
% of Grand Totals	35.28		%		38.42		%		10.95		%		15.35		%		100.00		%
Net operating income	$	116,811			$	160,771			$	49,920			$	62,898			$	390,400
% of Grand Totals	29.92		%		41.18		%		12.79		%		16.11		%		100.00		%

For the six months ended June 30, 2016:

	Boston				New York				San Francisco				Washington, DC				Total
Rental Revenue:
Office	$	356,875			$	535,815			$	154,841			$	200,076			$	1,247,607
Residential	2,351				—				—				5,786				8,137
Hotel	21,565				—				—				—				21,565
Total	380,791				535,815				154,841				205,862				1,277,309
% of Grand Totals	29.81		%		41.95		%		12.12		%		16.12		%		100.00		%
Rental Expenses:
Office	139,441				177,547				49,375				67,541				433,904
Residential	1,033				—				—				2,173				3,206
Hotel	15,612				—				—				—				15,612
Total	156,086				177,547				49,375				69,714				452,722
% of Grand Totals	34.47		%		39.22		%		10.91		%		15.40		%		100.00		%
Net operating income	$	224,705			$	358,268			$	105,466			$	136,148			$	824,587
% of Grand Totals	27.25		%		43.45		%		12.79		%		16.51		%		100.00		%

For the six months ended June 30, 2015:

	Boston				New York				San Francisco				Washington, DC				Total
Rental Revenue:
Office	$	356,963			$	499,530			$	146,246			$	190,615			$	1,193,354
Residential	2,309				—				—				8,356				10,665
Hotel	22,488				—				—				—				22,488
Total	381,760				499,530				146,246				198,971				1,226,507
% of Grand Totals	31.13		%		40.73		%		11.92		%		16.22		%		100.00		%
Rental Expenses:
Office	146,104				170,722				47,236				66,675				430,737
Residential	1,020				—				—				4,057				5,077
Hotel	16,071				—				—				—				16,071
Total	163,195				170,722				47,236				70,732				451,885
% of Grand Totals	36.12		%		37.78		%		10.45		%		15.65		%		100.00		%
Net operating income	$	218,565			$	328,808			$	99,010			$	128,239			$	774,622
% of Grand Totals	28.22		%		42.45		%		12.78		%		16.55		%		100.00		%

Schedule Of Reconciliation Of Net Operating Income To Net Income

Boston Properties, Inc.

	Three months ended June 30,								Six months ended June 30,
	2016				2015				2016				2015
	(in thousands)
Net income attributable to Boston Properties, Inc. common shareholders	$	96,597			$	79,460			$	278,323			$	250,694
Add:
Preferred dividends	2,589				2,618				5,207				5,207
Noncontrolling interest—common units of the Operating Partnership	11,357				9,394				32,771				29,530
Noncontrolling interest—redeemable preferred units of the Operating Partnership	—				3				—				6
Noncontrolling interests in property partnerships	6,814				9,264				17,278				24,472
Interest expense	105,003				108,534				210,312				217,291
Depreciation and amortization expense	153,175				167,844				312,623				322,067
Transaction costs	913				208				938				535
General and administrative expense	25,418				22,284				54,771				51,075
Less:
Gains on sales of real estate	—				—				67,623				95,084
Gains (losses) from investments in securities	478				(24		)		737				369
Interest and other income	1,524				1,293				3,029				2,700
Income from unconsolidated joint ventures	2,234				3,078				4,025				17,912
Development and management services income	5,533				4,862				12,222				10,190
Net Operating Income	$	392,097			$	390,400			$	824,587			$	774,622

Boston Properties Limited Partnership

	Three months ended June 30,								Six months ended June 30,
	2016				2015				2016				2015
	(in thousands)
Net income attributable to Boston Properties Limited Partnership common unitholders	109,938				90,852				317,234				284,221
Add:
Preferred distributions	2,589				2,618				5,207				5,207
Noncontrolling interest—redeemable preferred units	—				3				—				6
Noncontrolling interests in property partnerships	6,814				9,264				17,278				24,472
Interest expense	105,003				108,534				210,312				217,291
Depreciation and amortization expense	151,191				165,846				308,652				318,070
Transaction costs	913				208				938				535
General and administrative expense	25,418				22,284				54,771				51,075
Less:
Gains on sales of real estate	—				—				69,792				95,084
Gains (losses) from investments in securities	478				(24		)		737				369
Interest and other income	1,524				1,293				3,029				2,700
Income from unconsolidated joint ventures	2,234				3,078				4,025				17,912
Development and management services income	5,533				4,862				12,222				10,190
Net Operating Income	$	392,097			$	390,400			$	824,587			$	774,622

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- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total profit or loss from reportable segments, to the entity's consolidated income before income taxes, extraordinary items, and discontinued operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8924-108599

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599

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