XML 84 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
ASSETS    
Real estate, at cost $ 17,059,235 $ 13,581,454
Construction in progress 1,483,114 1,036,780
Land held for future development 290,085 275,094
Less: accumulated depreciation (2,996,520) (2,934,160)
Total real estate 15,835,914 11,959,168
Cash and cash equivalents 1,608,731 1,041,978
Cash held in escrows 54,829 55,181
Investments in securities 14,226 12,172
Tenant and other receivables (net of allowance for doubtful accounts of $1,377 and $1,960, respectively) 66,039 69,555
Related party notes receivable 0 282,491
Interest receivable from related party notes receivable 0 104,816
Accrued rental income (net of allowance of $3,641 and $1,653, respectively) 625,654 598,199
Deferred charges, net 939,675 588,235
Prepaid expenses and other assets 179,741 90,610
Investments in unconsolidated joint ventures 137,975 659,916
Total assets 19,462,784 15,462,321
Liabilities:    
Mortgage notes payable 4,484,657 3,102,485
Unsecured senior notes (net of discount of $15,027 and $10,472, respectively) 5,834,973 4,639,528
Unsecured exchangeable senior notes (net of discount of $924 and $1,653, respectively) 734,278 1,170,356
Unsecured line of credit 0 0
Mezzanine notes payable 311,637 0
Related party notes payable 180,000 0
Accounts payable and accrued expenses 212,998 199,102
Dividends and distributions payable 112,425 110,488
Accrued interest payable 141,676 72,461
Other liabilities 556,730 324,613
Total liabilities 12,569,374 9,619,033
Commitments and contingencies 0 0
Noncontrolling interest:    
Redeemable preferred units of the Operating Partnership 110,876 110,876
Redeemable interest in property partnerships 98,162 97,558
Equity:    
Excess stock, $.01 par value, 150,000,000 shares authorized, none issued or outstanding 0 0
Preferred stock, $.01 par value, 50,000,000 shares authorized    
5.25% Series B cumulative redeemable preferred stock, $.01 par value, liquidation preference of $2,500 per share, 92,000 shares authorized, 80,000 and no shares issued and outstanding at June 30, 2013 and December 31,2012, respectively 200,000 0
Common stock, $.01 par value, 250,000,000 shares authorized, 152,463,640 and 151,680,109 issued and 152,384,740 and 151,601,209 outstanding at June 30, 2013 and December 31, 2012, respectively 1,524 1,516
Additional paid-in capital 5,246,243 5,222,073
Dividends in excess of earnings 192,492 (109,985)
Treasury common stock at cost, 78,900 shares at June 30, 2013 and December 31, 2012 (2,722) (2,722)
Accumulated other comprehensive loss (12,689) (13,817)
Total stockholders' equity attributable to Boston Properties, Inc. 5,624,848 5,097,065
Noncontrolling interests:    
Common units of the Operating Partnership 570,135 539,753
Property partnerships 489,389 (1,964)
Total equity 6,684,372 5,634,854
Total liabilities and equity $ 19,462,784 $ 15,462,321