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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
ASSETS    
Real estate, at cost (amounts related to variable interest entities (“VIEs”) of $7,481,015 and $7,172,718 at December 31, 2018 and 2017, respectively ) $ 21,649,896 $ 21,096,642
Less: accumulated depreciation (amounts related to VIEs of $(965,500) and $(854,172) at December 31, 2018 and 2017, respectively (4,897,777) (4,589,634)
Total real estate 16,752,119 16,507,008
Cash and cash equivalents (amounts related to VIEs of $296,806 and $304,955 at December 31, 2018 and 2017, respectively) 543,359 434,767
Cash held in escrows 95,832 70,602
Investments in securities 28,198 29,161
Tenant and other receivables, net (amounts related to VIEs of $15,519 and $27,057 at December 31, 2018 and 2017, respectively) 86,629 92,186
Related party note receivable 80,000 0
Note receivable 19,468 0
Accrued rental income, net (amounts related to VIEs of $272,466 and $242,589 at December 31, 2018 and 2017, respectively) 934,896 861,575
Deferred charges, net (amounts related to VIEs of $263,402 and $281,678 at December 31, 2018 and 2017, respectively) 678,724 679,038
Prepaid expenses and other assets (amounts related to VIEs of $26,513 and $33,666 at December 31, 2018 and 2017, respectively) 80,943 77,971
Investments in unconsolidated joint ventures 956,309 619,925
Total assets 20,256,477 19,372,233
Liabilities:    
Mortgage notes payable, net (amounts related to VIEs of $2,929,326 and $2,939,183 at December 31, 2018 and 2017, respectively) 2,964,572 2,979,281
Unsecured senior notes, net 7,544,697 7,247,330
Unsecured line of credit 0 45,000
Unsecured term loan, net 498,488 0
Accounts payable and accrued expenses (amounts related to VIEs of $75,786 and $106,683 at December 31, 2018 and 2017, respectively) 276,645 331,500
Dividends and distributions payable 165,114 139,040
Accrued interest payable 89,267 83,646
Other liabilities (amounts related to VIEs of $200,344 and $164,806 at December 31, 2018 and 2017, respectively) 503,726 443,980
Total liabilities 12,042,509 11,269,777
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, $0.01 par value, 50,000,000 shares authorized;    
5.25% Series B cumulative redeemable preferred stock / units, liquidation preference $2,500 per share / unit, 80,000 shares / units issued and outstanding at December 31, 2018 and December 31, 2017, respectively 200,000 200,000
Common stock, $0.01 par value, 250,000,000 shares authorized, 154,537,378 and 154,404,186 issued and 154,458,478 and 154,325,286 outstanding at December 31, 2018 and December 31, 2017, respectively 1,545 1,543
Additional paid-in capital 6,407,623 6,377,908
Dividends in excess of earnings (675,534) (712,343)
Treasury common stock at cost, 78,900 shares at December 31, 2018 and December 31, 2017 (2,722) (2,722)
Accumulated other comprehensive loss (47,741) (50,429)
Total stockholders' equity attributable to Boston Properties, Inc. 5,883,171 5,813,957
Noncontrolling interests:    
Common units of the Operating Partnership 619,352 604,739
Property partnerships 1,711,445 1,683,760
Total equity / capital 8,213,968 8,102,456
Total liabilities and equity / capital 20,256,477 19,372,233
Boston Properties Limited Partnership    
ASSETS    
Real estate, at cost (amounts related to variable interest entities (“VIEs”) of $7,481,015 and $7,172,718 at December 31, 2018 and 2017, respectively ) 21,251,540 20,685,164
Less: accumulated depreciation (amounts related to VIEs of $(965,500) and $(854,172) at December 31, 2018 and 2017, respectively (4,800,475) (4,496,959)
Total real estate 16,451,065 16,188,205
Cash and cash equivalents (amounts related to VIEs of $296,806 and $304,955 at December 31, 2018 and 2017, respectively) 543,359 434,767
Cash held in escrows 95,832 70,602
Investments in securities 28,198 29,161
Tenant and other receivables, net (amounts related to VIEs of $15,519 and $27,057 at December 31, 2018 and 2017, respectively) 86,629 92,186
Related party note receivable 80,000 0
Note receivable 19,468 0
Accrued rental income, net (amounts related to VIEs of $272,466 and $242,589 at December 31, 2018 and 2017, respectively) 934,896 861,575
Deferred charges, net (amounts related to VIEs of $263,402 and $281,678 at December 31, 2018 and 2017, respectively) 678,724 679,038
Prepaid expenses and other assets (amounts related to VIEs of $26,513 and $33,666 at December 31, 2018 and 2017, respectively) 80,943 77,971
Investments in unconsolidated joint ventures 956,309 619,925
Total assets 19,955,423 19,053,430
Liabilities:    
Mortgage notes payable, net (amounts related to VIEs of $2,929,326 and $2,939,183 at December 31, 2018 and 2017, respectively) 2,964,572 2,979,281
Unsecured senior notes, net 7,544,697 7,247,330
Unsecured line of credit 0 45,000
Unsecured term loan, net 498,488 0
Accounts payable and accrued expenses (amounts related to VIEs of $75,786 and $106,683 at December 31, 2018 and 2017, respectively) 276,645 331,500
Dividends and distributions payable 165,114 139,040
Accrued interest payable 89,267 83,646
Other liabilities (amounts related to VIEs of $200,344 and $164,806 at December 31, 2018 and 2017, respectively) 503,726 443,980
Total liabilities 12,042,509 11,269,777
Commitments and contingencies 0 0
Noncontrolling interest:    
Redeemable partnership units—16,783,558 and 16,810,378 common units and 991,577 and 818,343 long term incentive units outstanding at redemption value at December 31, 2018 and December 31, 2017, respectively 2,000,591 2,292,263
Preferred stock, $0.01 par value, 50,000,000 shares authorized;    
5.25% Series B cumulative redeemable preferred stock / units, liquidation preference $2,500 per share / unit, 80,000 shares / units issued and outstanding at December 31, 2018 and December 31, 2017, respectively 193,623 193,623
Boston Properties Limited Partnership partners’ capital—1,722,336 and 1,719,540 general partner units and 152,736,142 and 152,605,746 limited partner units outstanding at December 31, 2018 and December 31, 2017, respectively 4,054,996 3,664,436
Accumulated other comprehensive loss (47,741) (50,429)
Total partners' capital 4,200,878 3,807,630
Noncontrolling interests:    
Noncontrolling interests in property partnerships 1,711,445 1,683,760
Total equity / capital 5,912,323 5,491,390
Total liabilities and equity / capital $ 19,955,423 $ 19,053,430