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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
ASSETS    
Real estate, at cost (amounts related to variable interest entities (“VIEs”) of $6,618,753 at September 30, 2016) $ 19,902,756 $ 19,481,535
Less: accumulated depreciation (amounts related to VIEs of ($713,454) at September 30, 2016) (4,113,553) (3,925,894)
Total real estate 15,789,203 15,555,641
Cash and cash equivalents (amounts related to VIEs of $244,026 at September 30, 2016) 419,323 723,718
Cash held in escrows (amounts related to VIEs of $4,988 at September 30, 2016) 63,980 73,790
Investments in securities 23,022 20,380
Tenant and other receivables (amounts related to VIEs of $19,242 at September 30, 2016) 76,258 97,865
Accrued rental income (amounts related to VIEs of $221,031 at September 30, 2016) 785,569 754,883
Deferred charges, net (amounts related to VIEs of $304,358 at September 30, 2016) 680,192 704,867
Prepaid expenses and other assets (amounts related to VIEs of $76,094 at September 30, 2016) 176,693 185,118
Investments in unconsolidated joint ventures 775,659 235,224
Total assets 18,789,899 18,351,486
Liabilities:    
Mortgage notes payable, net (amounts related to VIEs of $2,032,714 at September 30, 2016) 2,077,707 3,435,242
Unsecured senior notes, net 7,243,767 5,264,819
Unsecured line of credit 0 0
Mezzanine notes payable (amounts related to VIEs of $307,448 at September 30, 2016) 307,448 308,482
Outside members’ notes payable (amounts related to VIEs of $180,000 at September 30, 2016) 180,000 180,000
Accounts payable and accrued expenses (amounts related to VIEs of $127,846 at September 30, 2016) 312,979 274,709
Dividends and distributions payable 113,038 327,320
Accrued interest payable (amounts related to VIEs of $153,012 at September 30, 2016) 234,628 190,386
Other liabilities (amounts related to VIEs of $195,245 at September 30, 2016) 461,079 483,601
Total liabilities 10,930,646 10,464,559
Commitments and contingencies 0 0
Equity / Capital:    
Excess stock, $0.01 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/unit, liquidation preference $2,500 per share/unit, 92,000 shares authorized, 80,000 shares/units issued and outstanding at September 30, 2016 and December 31, 2015 200,000 200,000
Common stock, $0.01 par value, 250,000,000 shares authorized, 153,851,912 and 153,658,866 issued and 153,773,012 and 153,579,966 outstanding at September 30, 2016 and December 31, 2015, respectively 1,538 1,536
Additional paid-in capital 6,326,580 6,305,687
Dividends in excess of earnings (725,522) (780,952)
Treasury common stock at cost, 78,900 shares at September 30, 2016 and December 31, 2015 (2,722) (2,722)
Accumulated other comprehensive loss (73,943) (14,114)
Total stockholders’ equity attributable to Boston Properties, Inc. 5,725,931 5,709,435
Noncontrolling interests:    
Common units of the Operating Partnership 608,280 603,092
Property partnerships 1,525,042 1,574,400
Total equity / capital 7,859,253 7,886,927
Total liabilities and equity / capital 18,789,899 18,351,486
Boston Properties Limited Partnership    
ASSETS    
Real estate, at cost (amounts related to variable interest entities (“VIEs”) of $6,618,753 at September 30, 2016) 19,489,365 19,061,141
Less: accumulated depreciation (amounts related to VIEs of ($713,454) at September 30, 2016) (4,030,172) (3,846,816)
Total real estate 15,459,193 15,214,325
Cash and cash equivalents (amounts related to VIEs of $244,026 at September 30, 2016) 419,323 723,718
Cash held in escrows (amounts related to VIEs of $4,988 at September 30, 2016) 63,980 73,790
Investments in securities 23,022 20,380
Tenant and other receivables (amounts related to VIEs of $19,242 at September 30, 2016) 76,258 97,865
Accrued rental income (amounts related to VIEs of $221,031 at September 30, 2016) 785,569 754,883
Deferred charges, net (amounts related to VIEs of $304,358 at September 30, 2016) 680,192 704,867
Prepaid expenses and other assets (amounts related to VIEs of $76,094 at September 30, 2016) 176,693 185,118
Investments in unconsolidated joint ventures 775,659 235,224
Total assets 18,459,889 18,010,170
Liabilities:    
Mortgage notes payable, net (amounts related to VIEs of $2,032,714 at September 30, 2016) 2,077,707 3,435,242
Unsecured senior notes, net 7,243,767 5,264,819
Unsecured line of credit 0 0
Mezzanine notes payable (amounts related to VIEs of $307,448 at September 30, 2016) 307,448 308,482
Outside members’ notes payable (amounts related to VIEs of $180,000 at September 30, 2016) 180,000 180,000
Accounts payable and accrued expenses (amounts related to VIEs of $127,846 at September 30, 2016) 312,979 274,709
Dividends and distributions payable 113,038 327,320
Accrued interest payable (amounts related to VIEs of $153,012 at September 30, 2016) 234,628 190,386
Other liabilities (amounts related to VIEs of $195,245 at September 30, 2016) 461,079 483,601
Total liabilities 10,930,646 10,464,559
Commitments and contingencies 0 0
Noncontrolling interest:    
Redeemable partnership units—17,096,675 and 16,097,473 common units and 905,494 and 1,831,714 long term incentive units outstanding at redemption value at September 30, 2016 and December 31, 2015, respectively 2,453,516 2,286,689
Redeemable interest in property partnership 1,525,042 1,574,400
Preferred stock, $.01 par value, 50,000,000 shares authorized    
5.25% Series B cumulative redeemable preferred stock/unit, liquidation preference $2,500 per share/unit, 92,000 shares authorized, 80,000 shares/units issued and outstanding at September 30, 2016 and December 31, 2015 193,623 193,623
Accumulated other comprehensive loss (85,043) (18,337)
Noncontrolling interests:    
Boston Properties Limited Partnership partners’ capital—1,717,752 and 1,715,092 general partner units and 152,055,260 and 151,864,874 limited partner units outstanding at September 30, 2016 and December 31, 2015, respectively 3,357,062 3,490,899
Total equity / capital 5,075,727 5,258,922
Total liabilities and equity / capital $ 18,459,889 $ 18,010,170