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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Net income $ 128,147 $ 577,146
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 176,565 171,094
Amortization of right of use assets - operating leases 2,263 583
Non-cash compensation expense 20,090 17,525
(Income) Loss from unconsolidated joint ventures (5,225) 369
Distributions of net cash flow from operations of unconsolidated joint ventures 3,972 5,917
(Gains) losses from investments in securities (1,659) 5,445
Allowance for current expected credit losses (128) 0
Non-cash portion of interest expense 5,984 5,646
Settlement of accreted debt discount on redemption of unsecured senior notes (6,290) 0
Loss from early extinguishment of debt 898 0
Gains on sales of real estate 0 (410,165)
Change in assets and liabilities:    
Tenant and other receivables, net 26,020 17,784
Notes receivable, net (140) (128)
Accrued rental income, net (9,413) (27,285)
Prepaid expenses and other assets (96,351) (93,819)
Lease liabilities - operating leases (1,330) 393
Accounts payable and accrued expenses (21,578) (48,591)
Accrued interest payable (28,970) (7,644)
Other liabilities (24,177) (21,296)
Tenant leasing costs (16,615) (17,777)
Total adjustments 23,916 (401,949)
Net cash provided by operating activities 152,063 175,197
Cash flows from investing activities:    
Construction in progress (119,496) (143,160)
Building and other capital improvements (32,717) (39,154)
Tenant improvements (93,201) (64,172)
Proceeds from sales of real estate 0 259,489
Capital contributions to unconsolidated joint ventures (16,684) (89,997)
Capital distributions from unconsolidated joint ventures 122 0
Proceeds from sale of investment in unconsolidated joint venture 17,589 0
Investments in securities, net 2,114 3,201
Net cash used in investing activities (242,273) (73,793)
Cash flows from financing activities:    
Repayments of mortgage notes payable (5,374) (4,212)
Proceeds from unsecured senior notes 846,345 0
Redemption of unsecured senior notes (843,710) 0
Borrowings on unsecured line of credit 0 265,000
Repayments of unsecured line of credit 0 (15,000)
Repayment of unsecured term loan 500,000 0
Deferred financing costs (7,145) (11)
Debt prepayment and extinguishment costs (185) 0
Net proceeds from equity transactions 19,643 3,349
Dividends and distributions (171,566) (171,964)
Contributions from noncontrolling interests in property partnerships 281 3,876
Distributions to noncontrolling interests in property partnerships (18,225) (15,750)
Net cash provided by (used in) financing activities (679,936) 65,288
Net increase (decrease) in cash and cash equivalents and cash held in escrows (770,146) 166,692
Cash and cash equivalents and cash held in escrows, beginning of period 1,719,329 691,886
Cash and cash equivalents and cash held in escrows, end of period 949,183 858,578
Reconciliation of cash and cash equivalents and cash held in escrow    
Cash and cash equivalents, beginning of period 1,668,742 644,950
Cash held in escrows, beginning of period 50,587 46,936
Cash and cash equivalents, end of period 697,369 660,733
Cash held in escrows,end of period 251,814 197,845
Supplemental disclosures:    
Cash paid for interest 146,781 114,696
Interest capitalized 12,032 14,149
Non-cash investing and financing activities:    
Write-off of fully depreciated real estate (25,161) (38,782)
Change in real estate included in accounts payable and accrued expenses (42,778) (27,415)
Preferred stock redemption liability 200,000 0
Accrued rental income, net deconsolidated 0 (4,558)
Tenant leasing costs, net deconsolidated 0 3,462
Building and other capital improvements, net deconsolidated 0 (111,889)
Tenant improvements, net deconsolidated 0 (12,331)
Investment in unconsolidated joint venture recorded upon deconsolidation 0 347,898
Deferred distributions from sale of investment in unconsolidated joint venture 5,808 0
Deferred proceeds from sale of investment in unconsolidated joint venture 200 0
Dividends and distributions declared but not paid 171,003 171,026
Conversions of noncontrolling interests to stockholders’ equity 4,198 15,495
Issuance of restricted securities to employees and non-employee directors 41,255 43,104
Boston Properties Limited Partnership    
Net income 131,212 588,444
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 173,500 169,285
Amortization of right of use assets - operating leases 2,263 583
Non-cash compensation expense 20,090 17,525
(Income) Loss from unconsolidated joint ventures (5,225) 369
Distributions of net cash flow from operations of unconsolidated joint ventures 3,972 5,917
(Gains) losses from investments in securities (1,659) 5,445
Allowance for current expected credit losses (128) 0
Non-cash portion of interest expense 5,984 5,646
Settlement of accreted debt discount on redemption of unsecured senior notes (6,290) 0
Loss from early extinguishment of debt 898 0
Gains on sales of real estate 0 (419,654)
Change in assets and liabilities:    
Tenant and other receivables, net 26,020 17,784
Notes receivable, net (140) (128)
Accrued rental income, net (9,413) (27,285)
Prepaid expenses and other assets (96,351) (93,819)
Lease liabilities - operating leases (1,330) 393
Accounts payable and accrued expenses (21,578) (48,591)
Accrued interest payable (28,970) (7,644)
Other liabilities (24,177) (21,296)
Tenant leasing costs (16,615) (17,777)
Total adjustments 20,851 (413,247)
Net cash provided by operating activities 152,063 175,197
Cash flows from investing activities:    
Construction in progress (119,496) (143,160)
Building and other capital improvements (32,717) (39,154)
Tenant improvements (93,201) (64,172)
Proceeds from sales of real estate 0 259,489
Capital contributions to unconsolidated joint ventures (16,684) (89,997)
Capital distributions from unconsolidated joint ventures 122 0
Proceeds from sale of investment in unconsolidated joint venture 17,589 0
Investments in securities, net 2,114 3,201
Net cash used in investing activities (242,273) (73,793)
Cash flows from financing activities:    
Repayments of mortgage notes payable (5,374) (4,212)
Proceeds from unsecured senior notes 846,345 0
Redemption of unsecured senior notes (843,710) 0
Borrowings on unsecured line of credit 0 265,000
Repayments of unsecured line of credit 0 (15,000)
Repayment of unsecured term loan (500,000) 0
Deferred financing costs (7,145) (11)
Debt prepayment and extinguishment costs (185) 0
Net proceeds from equity transactions 19,643 3,349
Dividends and distributions (171,566) (171,964)
Contributions from noncontrolling interests in property partnerships 281 3,876
Distributions to noncontrolling interests in property partnerships (18,225) (15,750)
Net cash provided by (used in) financing activities (679,936) 65,288
Net increase (decrease) in cash and cash equivalents and cash held in escrows (770,146) 166,692
Cash and cash equivalents and cash held in escrows, beginning of period 1,719,329 691,886
Cash and cash equivalents and cash held in escrows, end of period 949,183 858,578
Reconciliation of cash and cash equivalents and cash held in escrow    
Cash and cash equivalents, beginning of period 1,668,742 644,950
Cash held in escrows, beginning of period 50,587 46,936
Cash and cash equivalents, end of period 697,369 660,733
Cash held in escrows,end of period 251,814 197,845
Supplemental disclosures:    
Cash paid for interest 146,781 114,696
Interest capitalized 12,032 14,149
Non-cash investing and financing activities:    
Write-off of fully depreciated real estate (23,847) (38,782)
Change in real estate included in accounts payable and accrued expenses (42,778) (27,415)
Preferred stock redemption liability 200,000 0
Accrued rental income, net deconsolidated 0 (4,558)
Tenant leasing costs, net deconsolidated 0 (3,462)
Building and other capital improvements, net deconsolidated 0 (111,889)
Tenant improvements, net deconsolidated 0 (12,331)
Investment in unconsolidated joint venture recorded upon deconsolidation 0 347,898
Deferred distributions from sale of investment in unconsolidated joint venture 5,808 0
Deferred proceeds from sale of investment in unconsolidated joint venture 200 0
Dividends and distributions declared but not paid 171,003 171,026
Conversions of noncontrolling interests to stockholders’ equity 4,198 15,495
Issuance of restricted securities to employees and non-employee directors $ 41,255 $ 43,104