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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net income $ 333,579 $ 309,909
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 312,623 322,067
Non-cash compensation expense 17,647 16,480
Income from unconsolidated joint ventures (4,025) (17,912)
Distributions of net cash flow from operations of unconsolidated joint ventures 11,399 5,769
Gains from investments in securities (737) (369)
Non-cash portion of interest expense (19,330) (21,852)
Gains on sales of real estate (67,623) (95,084)
Change in assets and liabilities:    
Cash held in escrows 632 (175)
Tenant and other receivables, net 13,963 (8,588)
Accrued rental income, net (5,294) (40,173)
Prepaid expenses and other assets 62,752 63,545
Accounts payable and accrued expenses 9,236 (5,973)
Accrued interest payable 31,789 15,016
Other liabilities (71,805) (56,580)
Tenant leasing costs (40,655) (43,004)
Total adjustments 250,572 133,167
Net cash provided by operating activities 584,151 443,076
Cash flows from investing activities:    
Acquisition of real estate (78,000) 0
Construction in progress (242,944) (154,430)
Building and other capital improvements (48,306) (48,133)
Tenant improvements (116,935) (51,444)
Proceeds from sales of real estate 104,816 194,821
Proceeds from sales of real estate placed in escrow (104,696) (200,612)
Proceeds from sales of real estate released from escrow 104,696 441,903
Cash placed in escrow for land sale contracts 0 (7,111)
Cash released from escrow for land sale contracts 781 758
Cash released from escrow for investing activities 6,694 0
Deposits on real estate (25,000) (5,000)
Capital contributions to unconsolidated joint ventures (26,040) (14,989)
Capital distributions from unconsolidated joint ventures 0 24,527
Investments in securities, net (658) (1,125)
Net cash provided by (used in) investing activities (425,592) 179,165
Cash flows from financing activities:    
Repayments of mortgage notes payable (222,535) (12,909)
Proceeds from unsecured senior notes 997,080 0
Proceeds from real estate financing transaction 0 6,000
Payments on real estate financing transactions (4,290) (1,523)
Deferred financing costs (8,047) (163)
Net proceeds from equity transactions (666) 332
Redemption of preferred units 0 (633)
Dividends and distributions (442,901) (997,840)
Contributions from noncontrolling interests in property partnerships 5,040 1,089
Distributions to noncontrolling interests in property partnerships (25,914) (36,922)
Net cash provided by (used in) financing activities 297,767 (1,042,569)
Net increase (decrease) in cash and cash equivalents 456,326 (420,328)
Cash and cash equivalents, beginning of period 723,718 1,763,079
Cash and cash equivalents, end of period 1,180,044 1,342,751
Supplemental disclosures:    
Cash paid for interest 217,021 240,942
Interest capitalized 19,168 16,815
Non-cash investing and financing activities:    
Write off of fully depreciated real estate (52,708) (17,871)
Additions to real estate included in accounts payable and accrued expenses (14,471) 17,604
Dividends and distributions declared but not paid 113,071 112,892
Conversions of noncontrolling interests to stockholders’ equity 2,664 10,843
Issuance of restricted securities to employees 33,711 43,363
Boston Properties Limited Partnership    
Cash flows from operating activities:    
Net income 339,719 313,906
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 308,652 318,070
Non-cash compensation expense 17,647 16,480
Income from unconsolidated joint ventures (4,025) (17,912)
Distributions of net cash flow from operations of unconsolidated joint ventures 11,399 5,769
Gains from investments in securities (737) (369)
Non-cash portion of interest expense (19,330) (21,852)
Gains on sales of real estate (69,792) (95,084)
Change in assets and liabilities:    
Cash held in escrows 632 (175)
Tenant and other receivables, net 13,963 (8,588)
Accrued rental income, net (5,294) (40,173)
Prepaid expenses and other assets 62,752 63,545
Accounts payable and accrued expenses 9,236 (5,973)
Accrued interest payable 31,789 15,016
Other liabilities (71,805) (56,580)
Tenant leasing costs (40,655) (43,004)
Total adjustments 244,432 129,170
Net cash provided by operating activities 584,151 443,076
Cash flows from investing activities:    
Acquisition of real estate (78,000) 0
Construction in progress (242,944) (154,430)
Building and other capital improvements (48,306) (48,133)
Tenant improvements (116,935) (51,444)
Proceeds from sales of real estate 104,816 194,821
Proceeds from sales of real estate placed in escrow (104,696) (200,612)
Proceeds from sales of real estate released from escrow 104,696 441,903
Cash placed in escrow for land sale contracts 0 (7,111)
Cash released from escrow for land sale contracts 781 758
Cash released from escrow for investing activities 6,694 0
Deposits on real estate (25,000) (5,000)
Capital contributions to unconsolidated joint ventures (26,040) (14,989)
Capital distributions from unconsolidated joint ventures 0 24,527
Investments in securities, net (658) (1,125)
Net cash provided by (used in) investing activities (425,592) 179,165
Cash flows from financing activities:    
Repayments of mortgage notes payable (222,535) (12,909)
Proceeds from unsecured senior notes 997,080 0
Proceeds from real estate financing transaction 0 6,000
Payments on real estate financing transactions (4,290) (1,523)
Deferred financing costs (8,047) (163)
Net proceeds from equity transactions (666) 332
Redemption of preferred units 0 (633)
Dividends and distributions (442,901) (997,840)
Contributions from noncontrolling interests in property partnerships 5,040 1,089
Distributions to noncontrolling interests in property partnerships (25,914) (36,922)
Net cash provided by (used in) financing activities 297,767 (1,042,569)
Net increase (decrease) in cash and cash equivalents 456,326 (420,328)
Cash and cash equivalents, beginning of period 723,718 1,763,079
Cash and cash equivalents, end of period 1,180,044 1,342,751
Supplemental disclosures:    
Cash paid for interest 217,021 240,942
Interest capitalized 19,168 16,815
Non-cash investing and financing activities:    
Write off of fully depreciated real estate (52,708) (17,871)
Additions to real estate included in accounts payable and accrued expenses (14,471) 17,604
Dividends and distributions declared but not paid 113,071 112,892
Conversions of noncontrolling interests to stockholders’ equity 2,664 10,843
Issuance of restricted securities to employees $ 33,711 $ 43,363