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Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2017
Segment Reporting [Abstract] |
Schedule Of Reconciliation Of Net Operating Income To Net Income | The following tables present reconciliations of Net Income Attributable to Boston Properties, Inc. Common Shareholders to Net Operating Income and Net Income Attributable to Boston Properties Limited Partnership Common Unitholders to Net Operating Income for the three and nine months ended September 30, 2017 and 2016. Boston Properties, Inc.
| Three months ended September 30, |  | Nine months ended September 30,
| 2017 |  | 2016 |  | 2017 |  | 2016
| (in thousands)
Net income attributable to Boston Properties, Inc. common shareholders | $ | 117,337 |  |  | $ | 76,753 |  |  | $ | 348,086 |  |  | $ | 355,114 |
Add: |  |  |  |  |  |  |
Preferred dividends | 2,625 |  |  | 2,589 |  |  | 7,875 |  |  | 7,796 |
Noncontrolling interest—common units of Boston Properties Limited Partnership | 13,402 |  |  | 9,387 |  |  | 40,350 |  |  | 42,120 |
Noncontrolling interests in property partnerships | 14,340 |  |  | (17,225 | ) |  | 33,967 |  |  | 53 |
Interest expense | 92,032 |  |  | 104,641 |  |  | 282,709 |  |  | 314,953 |
Losses from interest rate contracts | — |  |  | 140 |  |  | — |  |  | 140 |
Depreciation and amortization expense | 152,164 |  |  | 203,748 |  |  | 463,288 |  |  | 516,371 |
Impairment loss | — |  |  | 1,783 |  |  | — |  |  | 1,783 |
Transaction costs | 239 |  |  | 249 |  |  | 572 |  |  | 1,187 |
General and administrative expense | 25,792 |  |  | 25,165 |  |  | 84,319 |  |  | 79,936 |
Less: |  |  |  |  |  |  |
Gains on sales of real estate | 2,891 |  |  | 12,983 |  |  | 6,791 |  |  | 80,606 |
Gains (losses) from early extinguishments of debt | — |  |  | (371 | ) |  | 14,354 |  |  | (371 | )
Gains from investments in securities | 944 |  |  | 976 |  |  | 2,716 |  |  | 1,713 |
Interest and other income | 1,329 |  |  | 3,628 |  |  | 3,447 |  |  | 6,657 |
Income from unconsolidated joint ventures | 843 |  |  | 1,464 |  |  | 7,035 |  |  | 5,489 |
Development and management services revenue | 10,811 |  |  | 6,364 |  |  | 24,648 |  |  | 18,586 |
Net Operating Income | $ | 401,113 |  |  | $ | 382,186 |  |  | $ | 1,202,175 |  |  | $ | 1,206,773 |
Boston Properties Limited Partnership
| Three months ended September 30, |  | Nine months ended September 30,
| 2017 |  | 2016 |  | 2017 |  | 2016
| (in thousands)
Net income attributable to Boston Properties Limited Partnership common unitholders | $ | 132,693 |  |  | $ | 91,306 |  |  | $ | 395,199 |  |  | $ | 408,540 |
Add: |  |  |  |  |  |  |
Preferred distributions | 2,625 |  |  | 2,589 |  |  | 7,875 |  |  | 7,796 |
Noncontrolling interests in property partnerships | 14,340 |  |  | (17,225 | ) |  | 33,967 |  |  | 53 |
Interest expense | 92,032 |  |  | 104,641 |  |  | 282,709 |  |  | 314,953 |
Losses from interest rate contracts | — |  |  | 140 |  |  | — |  |  | 140 |
Depreciation and amortization expense | 150,210 |  |  | 198,582 |  |  | 457,102 |  |  | 507,234 |
Impairment loss | — |  |  | 1,783 |  |  | — |  |  | 1,783 |
Transaction costs | 239 |  |  | 249 |  |  | 572 |  |  | 1,187 |
General and administrative expense | 25,792 |  |  | 25,165 |  |  | 84,319 |  |  | 79,936 |
Less: |  |  |  |  |  |  |
Gains on sales of real estate | 2,891 |  |  | 12,983 |  |  | 7,368 |  |  | 82,775 |
Gains (losses) from early extinguishments of debt | — |  |  | (371 | ) |  | 14,354 |  |  | (371 | )
Gains from investments in securities | 944 |  |  | 976 |  |  | 2,716 |  |  | 1,713 |
Interest and other income | 1,329 |  |  | 3,628 |  |  | 3,447 |  |  | 6,657 |
Income from unconsolidated joint ventures | 843 |  |  | 1,464 |  |  | 7,035 |  |  | 5,489 |
Development and management services revenue | 10,811 |  |  | 6,364 |  |  | 24,648 |  |  | 18,586 |
Net Operating Income | $ | 401,113 |  |  | $ | 382,186 |  |  | $ | 1,202,175 |  |  | $ | 1,206,773 |
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 September 30, 2017:
| Boston |  | New York |  | San Francisco |  | Washington, DC |  | Total
Rental Revenue: |  |  |  |  |  |  |  |  |
Office | $ | 196,687 |  |  | $ | 242,071 |  |  | $ | 87,162 |  |  | $ | 103,622 |  |  | $ | 629,542 |
Residential | 1,228 |  |  | — |  |  | — |  |  | 3,067 |  |  | 4,295 |
Hotel | 13,064 |  |  | — |  |  | — |  |  | — |  |  | 13,064 |
Total | 210,979 |  |  | 242,071 |  |  | 87,162 |  |  | 106,689 |  |  | 646,901 |
% of Grand Totals | 32.61 | % |  | 37.43 | % |  | 13.47 | % |  | 16.49 | % |  | 100.00 | %
Rental Expenses: |  |  |  |  |  |  |  |  |
Office | 76,086 |  |  | 95,775 |  |  | 26,792 |  |  | 37,111 |  |  | 235,764 |
Residential | 512 |  |  | — |  |  | — |  |  | 1,065 |  |  | 1,577 |
Hotel | 8,447 |  |  | — |  |  | — |  |  | — |  |  | 8,447 |
Total | 85,045 |  |  | 95,775 |  |  | 26,792 |  |  | 38,176 |  |  | 245,788 |
% of Grand Totals | 34.60 | % |  | 38.97 | % |  | 10.90 | % |  | 15.53 | % |  | 100.00 | %
Net operating income | $ | 125,934 |  |  | $ | 146,296 |  |  | $ | 60,370 |  |  | $ | 68,513 |  |  | $ | 401,113 |
% of Grand Totals | 31.40 | % |  | 36.47 | % |  | 15.05 | % |  | 17.08 | % |  | 100.00 | %
For the three months ended September 30, 2016:
| Boston |  | New York |  | San Francisco |  | Washington, DC |  | Total
Rental Revenue: |  |  |  |  |  |  |  |  |
Office | $ | 183,975 |  |  | $ | 237,262 |  |  | $ | 80,235 |  |  | $ | 100,666 |  |  | $ | 602,138 |
Residential | 1,227 |  |  | — |  |  | — |  |  | 3,145 |  |  | 4,372 |
Hotel | 12,354 |  |  | — |  |  | — |  |  | — |  |  | 12,354 |
Total | 197,556 |  |  | 237,262 |  |  | 80,235 |  |  | 103,811 |  |  | 618,864 |
% of Grand Totals | 31.92 | % |  | 38.34 | % |  | 12.96 | % |  | 16.78 | % |  | 100.00 | %
Rental Expenses: |  |  |  |  |  |  |  |  |
Office | 71,254 |  |  | 95,073 |  |  | 26,037 |  |  | 33,973 |  |  | 226,337 |
Residential | 1,141 |  |  | — |  |  | — |  |  | 1,082 |  |  | 2,223 |
Hotel | 8,118 |  |  | — |  |  | — |  |  | — |  |  | 8,118 |
Total | 80,513 |  |  | 95,073 |  |  | 26,037 |  |  | 35,055 |  |  | 236,678 |
% of Grand Totals | 34.02 | % |  | 40.17 | % |  | 11.00 | % |  | 14.81 | % |  | 100.00 | %
Net operating income | $ | 117,043 |  |  | $ | 142,189 |  |  | $ | 54,198 |  |  | $ | 68,756 |  |  | $ | 382,186 |
% of Grand Totals | 30.62 | % |  | 37.21 | % |  | 14.18 | % |  | 17.99 | % |  | 100.00 | %
For the nine months ended September 30, 2017:
| Boston |  | New York |  | San Francisco |  | Washington, DC |  | Total
Rental Revenue: |  |  |  |  |  |  |  |  |
Office | $ | 573,883 |  |  | $ | 735,485 |  |  | $ | 257,286 |  |  | $ | 309,225 |  |  | $ | 1,875,879 |
Residential | 3,520 |  |  | — |  |  | — |  |  | 8,941 |  |  | 12,461 |
Hotel | 33,859 |  |  | — |  |  | — |  |  | — |  |  | 33,859 |
Total | 611,262 |  |  | 735,485 |  |  | 257,286 |  |  | 318,166 |  |  | 1,922,199 |
% of Grand Totals | 31.80 | % |  | 38.27 | % |  | 13.38 | % |  | 16.55 | % |  | 100.00 | %
Rental Expenses: |  |  |  |  |  |  |  |  |
Office | 225,502 |  |  | 280,569 |  |  | 77,204 |  |  | 108,044 |  |  | 691,319 |
Residential | 1,552 |  |  | — |  |  | — |  |  | 3,211 |  |  | 4,763 |
Hotel | 23,942 |  |  | — |  |  | — |  |  | — |  |  | 23,942 |
Total | 250,996 |  |  | 280,569 |  |  | 77,204 |  |  | 111,255 |  |  | 720,024 |
% of Grand Totals | 34.86 | % |  | 38.97 | % |  | 10.72 | % |  | 15.45 | % |  | 100.00 | %
Net operating income | $ | 360,266 |  |  | $ | 454,916 |  |  | $ | 180,082 |  |  | $ | 206,911 |  |  | $ | 1,202,175 |
% of Grand Totals | 29.97 | % |  | 37.84 | % |  | 14.98 | % |  | 17.21 | % |  | 100.00 | %
For the nine months ended September 30, 2016:
| Boston |  | New York |  | San Francisco |  | Washington, DC |  | Total
Rental Revenue: |  |  |  |  |  |  |  |  |
Office | $ | 540,850 |  |  | $ | 773,077 |  |  | $ | 235,076 |  |  | $ | 300,742 |  |  | $ | 1,849,745 |
Residential | 3,578 |  |  | — |  |  | — |  |  | 8,931 |  |  | 12,509 |
Hotel | 33,919 |  |  | — |  |  | — |  |  | — |  |  | 33,919 |
Total | 578,347 |  |  | 773,077 |  |  | 235,076 |  |  | 309,673 |  |  | 1,896,173 |
% of Grand Totals | 30.50 | % |  | 40.77 | % |  | 12.40 | % |  | 16.33 | % |  | 100.00 | %
Rental Expenses: |  |  |  |  |  |  |  |  |
Office | 210,695 |  |  | 272,620 |  |  | 75,412 |  |  | 101,514 |  |  | 660,241 |
Residential | 2,174 |  |  | — |  |  | — |  |  | 3,255 |  |  | 5,429 |
Hotel | 23,730 |  |  | — |  |  | — |  |  | — |  |  | 23,730 |
Total | 236,599 |  |  | 272,620 |  |  | 75,412 |  |  | 104,769 |  |  | 689,400 |
% of Grand Totals | 34.32 | % |  | 39.54 | % |  | 10.94 | % |  | 15.20 | % |  | 100.00 | %
Net operating income | $ | 341,748 |  |  | $ | 500,457 |  |  | $ | 159,664 |  |  | $ | 204,904 |  |  | $ | 1,206,773 |
% of Grand Totals | 28.32 | % |  | 41.47 | % |  | 13.23 | % |  | 16.98 | % |  | 100.00 | %

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- Definition 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=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
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