XML 65 R45.htm IDEA: XBRL DOCUMENT v3.3.1.900
Related Person Transactions - RMR LLC Management Fees and Reimbursements (Details)
$ in Thousands
1 Months Ended 5 Months Ended 12 Months Ended
Dec. 23, 2013
installment
Sep. 30, 2015
shares
Mar. 31, 2013
shares
Jun. 05, 2015
shares
Dec. 31, 2015
USD ($)
shares
Dec. 31, 2014
USD ($)
shares
Dec. 31, 2013
USD ($)
shares
Related person transactions              
Portion of shares issued in payment of an incentive management fee (as a percent) 33.33%            
Property management and construction supervision fees         $ 10,342 $ 8,259 $ 6,568
Property management and construction supervision fees paid         7,021 5,289 4,705
RMR LLC              
Related person transactions              
Business management fees incurred         34,949 30,794 27,013
Incentive fees payable         0 $ 0 0
Recognized amortization of the liability         1,743    
Common shares issued for the incentive fees | shares     21,968 68,983   123,462  
Repurchase of common shares (in shares) | shares   13,113          
Accrual for RMR LLC employee share grants and internal audit costs         $ 1,340 $ 1,835 $ 1,877
RMR LLC | MOBs              
Related person transactions              
Base business management fee payable in cash (as a percent)         3.00%    
Construction supervision fees payable under property management agreement as a percentage of construction costs         5.00%    
Restricted shares | RMR LLC              
Related person transactions              
Number of shares granted under the award plan | shares         84,000,000 81,700,000 82,600,000
Aggregate value of awards granted during the period         $ 1,321 $ 1,750 $ 1,888
Portion of the awards granted that vested on grant date (as a percent)         2.00%    
Portion of the awards granted which will vest on each of the next four anniversaries of the grant date         2.00%    
Restricted shares | RMR Inc | RMR LLC              
Related person transactions              
Award vesting period         4 years    
Amended Agreement | RMR LLC              
Related person transactions              
Incentive management fee payable (as a percent) 12.00%            
Period of measurement 3 years            
Shorter period applicable in the case of calculation of the incentive management fee for 2014 1 year            
Period applicable in the case of calculation of the incentive management fee for 2015 2 years            
Base business management fee payable in cash (as a percent) 90.00%            
Base business management fee payable in common shares (as a percent) 10.00%            
Portion of remaining shares to be vested in equal annual installments (as a percent) 66.66%            
Number of equal annual installments for vesting of common shares | installment 2