XML 70 R55.htm IDEA: XBRL DOCUMENT v3.20.2
Segment Information (Schedule Of Segment Reporting By Geographic Area And Property Type) (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Segment Reporting Information [Line Items]        
Rental Revenue: Class A Office [1] $ 634,663 $ 697,509 $ 1,359,322 $ 1,393,951
Rental Revenue: Residential [1] 9,402 8,999 19,358 16,714
Rental Revenue Total [1] $ 644,164 $ 721,352 $ 1,385,604 $ 1,434,447
Rental Revenue: % of Grand Totals [1] 100.00% 100.00% 100.00% 100.00%
Rental Expenses: Class A Office $ 235,822 $ 253,849 $ 494,724 $ 507,592
Rental Expenses: Residential 3,965 4,122 8,029 7,896
Rental Expenses: Total $ 241,760 $ 267,051 $ 511,547 $ 532,431
Rental Expenses: % Of Grand Totals 100.00% 100.00% 100.00% 100.00%
Net Operating Income $ 402,404 $ 454,301 $ 874,057 $ 902,016
Net Operating Income: % of Grand Totals 100.00% 100.00% 100.00% 100.00%
Company's Share of Net Operating Income: % of Grand Totals 100.00% 100.00% 100.00% 100.00%
Total revenue $ 654,773 $ 733,741 $ 1,407,329 $ 1,459,508
Boston [Member]        
Segment Reporting Information [Line Items]        
Rental Revenue: Class A Office [1] 218,351 217,961 457,849 435,372
Rental Revenue: Residential [1] 3,401 3,222 7,469 5,923
Rental Revenue Total [1] $ 221,851 $ 236,027 $ 472,242 $ 465,077
Rental Revenue: % of Grand Totals [1] 34.43% 32.72% 34.09% 32.42%
Rental Expenses: Class A Office $ 75,694 $ 77,660 $ 158,239 $ 157,160
Rental Expenses: Residential 1,235 1,279 2,575 2,485
Rental Expenses: Total $ 78,902 $ 88,019 $ 169,608 $ 176,588
Rental Expenses: % Of Grand Totals 32.64% 32.96% 33.16% 33.17%
Net Operating Income $ 142,949 $ 148,008 $ 302,634 $ 288,489
Net Operating Income: % of Grand Totals 35.52% 32.58% 34.63% 31.98%
Company's Share of Net Operating Income: % of Grand Totals 33.92% 32.01% 33.76% 31.49%
Los Angeles [Member]        
Segment Reporting Information [Line Items]        
Rental Revenue: Class A Office [1] $ 0 $ 0 $ 0 $ 0
Rental Revenue: Residential [1] 0 0 0 0
Rental Revenue Total [1] $ 0 $ 0 $ 0 $ 0
Rental Revenue: % of Grand Totals [1] 0.00% 0.00% 0.00% 0.00%
Rental Expenses: Class A Office $ 0 $ 0 $ 0 $ 0
Rental Expenses: Residential 0 0 0 0
Rental Expenses: Total $ 0 $ 0 $ 0 $ 0
Rental Expenses: % Of Grand Totals 0.00% 0.00% 0.00% 0.00%
Net Operating Income $ 0 $ 0 $ 0 $ 0
Net Operating Income: % of Grand Totals 0.00% 0.00% 0.00% 0.00%
Company's Share of Net Operating Income: % of Grand Totals 3.78% 3.57% 3.64% 3.63%
New York [Member]        
Segment Reporting Information [Line Items]        
Rental Revenue: Class A Office [1] $ 204,242 $ 251,556 $ 459,528 $ 510,187
Rental Revenue: Residential [1] 0 0 0 0
Rental Revenue Total [1] $ 204,242 $ 251,556 $ 459,528 $ 510,187
Rental Revenue: % of Grand Totals [1] 31.71% 34.87% 33.16% 35.56%
Rental Expenses: Class A Office $ 88,367 $ 96,809 $ 187,507 $ 193,780
Rental Expenses: Residential 0 0 0 0
Rental Expenses: Total $ 88,367 $ 96,809 $ 187,507 $ 193,780
Rental Expenses: % Of Grand Totals 36.54% 36.25% 36.65% 36.39%
Net Operating Income $ 115,875 $ 154,747 $ 272,021 $ 316,407
Net Operating Income: % of Grand Totals 28.80% 34.06% 31.12% 35.08%
Company's Share of Net Operating Income: % of Grand Totals 23.84% 27.90% 25.24% 28.75%
San Francisco [Member]        
Segment Reporting Information [Line Items]        
Rental Revenue: Class A Office [1] $ 128,233 $ 131,506 $ 264,972 $ 255,561
Rental Revenue: Residential [1] 0 0 0 0
Rental Revenue Total [1] $ 128,233 $ 131,506 $ 264,972 $ 255,561
Rental Revenue: % of Grand Totals [1] 19.91% 18.23% 19.12% 17.82%
Rental Expenses: Class A Office $ 39,081 $ 43,708 $ 81,650 $ 84,833
Rental Expenses: Residential 0 0 0 0
Rental Expenses: Total $ 39,081 $ 43,708 $ 81,650 $ 84,833
Rental Expenses: % Of Grand Totals 16.17% 16.37% 15.96% 15.93%
Net Operating Income $ 89,152 $ 87,798 $ 183,322 $ 170,728
Net Operating Income: % of Grand Totals 22.15% 19.33% 20.97% 18.93%
Company's Share of Net Operating Income: % of Grand Totals 23.44% 20.26% 22.41% 19.81%
Washington, DC [Member]        
Segment Reporting Information [Line Items]        
Rental Revenue: Class A Office [1] $ 83,837 $ 96,486 $ 176,973 $ 192,831
Rental Revenue: Residential [1] 6,001 5,777 11,889 10,791
Rental Revenue Total [1] $ 89,838 $ 102,263 $ 188,862 $ 203,622
Rental Revenue: % of Grand Totals [1] 13.95% 14.18% 13.63% 14.20%
Rental Expenses: Class A Office $ 32,680 $ 35,672 $ 67,328 $ 71,819
Rental Expenses: Residential 2,730 2,843 5,454 5,411
Rental Expenses: Total $ 35,410 $ 38,515 $ 72,782 $ 77,230
Rental Expenses: % Of Grand Totals 14.65% 14.42% 14.23% 14.51%
Net Operating Income $ 54,428 $ 63,748 $ 116,080 $ 126,392
Net Operating Income: % of Grand Totals 13.53% 14.03% 13.28% 14.01%
Company's Share of Net Operating Income: % of Grand Totals 15.02% 16.26% 14.95% 16.32%
Hotel [Member]        
Segment Reporting Information [Line Items]        
Other revenue [1] $ 99 $ 14,844 $ 6,924 $ 23,782
Operating expense 1,973 9,080 8,794 16,943
Hotel [Member] | Boston [Member]        
Segment Reporting Information [Line Items]        
Other revenue [1] 99 14,844 6,924 23,782
Operating expense 1,973 9,080 8,794 16,943
Hotel [Member] | Los Angeles [Member]        
Segment Reporting Information [Line Items]        
Other revenue [1] 0 0 0 0
Operating expense 0 0 0 0
Hotel [Member] | New York [Member]        
Segment Reporting Information [Line Items]        
Other revenue [1] 0 0 0 0
Operating expense 0 0 0 0
Hotel [Member] | San Francisco [Member]        
Segment Reporting Information [Line Items]        
Other revenue [1] 0 0 0 0
Operating expense 0 0 0 0
Hotel [Member] | Washington, DC [Member]        
Segment Reporting Information [Line Items]        
Other revenue [1] 0 0 0 0
Operating expense 0 0 0 0
Noncontrolling interest - property partnerships [Member]        
Segment Reporting Information [Line Items]        
Net Operating Income (32,427) (45,562) (80,088) (92,647)
Noncontrolling interest - property partnerships [Member] | Boston [Member]        
Segment Reporting Information [Line Items]        
Net Operating Income (10,576) (10,031) (21,239) (19,404)
Noncontrolling interest - property partnerships [Member] | Los Angeles [Member]        
Segment Reporting Information [Line Items]        
Net Operating Income 0 0 0 0
Noncontrolling interest - property partnerships [Member] | New York [Member]        
Segment Reporting Information [Line Items]        
Net Operating Income (21,851) (35,531) (58,849) (72,795)
Noncontrolling interest - property partnerships [Member] | San Francisco [Member]        
Segment Reporting Information [Line Items]        
Net Operating Income 0 0 0 (448)
Noncontrolling interest - property partnerships [Member] | Washington, DC [Member]        
Segment Reporting Information [Line Items]        
Net Operating Income 0 0 0 0
Unconsolidated Joint Ventures [Member]        
Segment Reporting Information [Line Items]        
Net Operating Income 27,911 24,715 56,669 50,064
Total revenue [2] 89,563 80,204 182,766 163,159
Unconsolidated Joint Ventures [Member] | Boston [Member]        
Segment Reporting Information [Line Items]        
Net Operating Income 2,627 818 5,726 1,590
Unconsolidated Joint Ventures [Member] | Los Angeles [Member]        
Segment Reporting Information [Line Items]        
Net Operating Income 15,026 15,454 30,956 31,162
Unconsolidated Joint Ventures [Member] | New York [Member]        
Segment Reporting Information [Line Items]        
Net Operating Income 815 1,696 1,571 3,482
Unconsolidated Joint Ventures [Member] | San Francisco [Member]        
Segment Reporting Information [Line Items]        
Net Operating Income 4,127 0 7,286 0
Unconsolidated Joint Ventures [Member] | Washington, DC [Member]        
Segment Reporting Information [Line Items]        
Net Operating Income 5,316 6,747 11,130 13,830
Company's Share [Member]        
Segment Reporting Information [Line Items]        
Net Operating Income 397,888 433,454 850,638 859,433
Company's Share [Member] | Boston [Member]        
Segment Reporting Information [Line Items]        
Net Operating Income 135,000 138,795 287,121 270,675
Company's Share [Member] | Los Angeles [Member]        
Segment Reporting Information [Line Items]        
Net Operating Income 15,026 15,454 30,956 31,162
Company's Share [Member] | New York [Member]        
Segment Reporting Information [Line Items]        
Net Operating Income 94,839 120,912 214,743 247,094
Company's Share [Member] | San Francisco [Member]        
Segment Reporting Information [Line Items]        
Net Operating Income 93,279 87,798 190,608 170,280
Company's Share [Member] | Washington, DC [Member]        
Segment Reporting Information [Line Items]        
Net Operating Income $ 59,744 $ 70,495 $ 127,210 $ 140,222
[1] Rental Revenue is equal to Total Revenue per the Company’s Consolidated Statements of Operations, less Development and Management Services Revenue and Direct Reimbursements of Payroll and Related Costs from Management Services Contracts Revenue per the Consolidated Statements of Operations.
[2] Includes straight-line rent adjustments of approximately $8.5 million and $7.6 million for the three months ended June 30, 2020 and 2019, respectively, and $18.2 million and $13.4 million for the six months ended June 30, 2020 and 2019, respectively.