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Segment Information (Tables)
3 Months Ended
Mar. 31, 2014
Segment Reporting [Abstract]  
Schedule Of Segment Information By Geographic Area And Property Type
Information by geographic area and property type (dollars in thousands):
For the three months ended March 31, 2014:
 
Boston
 
New York
 
San
Francisco
 
Washington,
DC
 
Total
Rental Revenue:
 
 
 
 
 
 
 
 
 
Class A Office
$
170,942

 
$
217,308

 
$
54,608

 
$
97,048

 
$
539,906

Office/Technical
5,820

 

 
6,217

 
3,660

 
15,697

Residential
1,163

 

 

 
4,519

 
5,682

Hotel
8,193

 

 

 

 
8,193

Total
186,118

 
217,308

 
60,825

 
105,227

 
569,478

% of Grand Totals
32.68
%
 
38.16
%
 
10.68
%
 
18.48
%
 
100.0
%
Rental Expenses:
 
 
 
 
 
 
 
 
 
Class A Office
71,398

 
74,371

 
19,313

 
33,439

 
198,521

Office/Technical
1,689

 

 
1,214

 
1,202

 
4,105

Residential
448

 

 

 
3,314

 
3,762

Hotel
6,797

 

 

 

 
6,797

Total
80,332

 
74,371

 
20,527

 
37,955

 
213,185

% of Grand Totals
37.68
%
 
34.89
%
 
9.63
%
 
17.80
%
 
100.0
%
Net operating income
$
105,786

 
$
142,937

 
$
40,298

 
$
67,272

 
$
356,293

% of Grand Totals
29.69
%
 
40.12
%
 
11.31
%
 
18.88
%
 
100.0
%
 












For the three months ended March 31, 2013:
 
Boston
 
New York
 
San
Francisco
 
Washington,
DC
 
Total
Rental Revenue:
 
 
 
 
 
 
 
 
 
Class A Office
$
160,824

 
$
138,523

 
$
52,671

 
$
93,359

 
$
445,377

Office/Technical
5,653

 

 
151

 
4,043

 
9,847

Residential
1,067

 

 

 
4,511

 
5,578

Hotel
8,291

 

 

 

 
8,291

Total
175,835

 
138,523

 
52,822

 
101,913

 
469,093

% of Grand Totals
37.48
%
 
29.53
%
 
11.26
%
 
21.73
%
 
100.0
%
Rental Expenses:
 
 
 
 
 
 
 
 
 
Class A Office
65,287

 
49,088

 
18,373

 
30,755

 
163,503

Office/Technical
1,787

 

 
35

 
1,004

 
2,826

Residential
443

 

 

 
2,290

 
2,733

Hotel
7,044

 

 

 

 
7,044

Total
74,561

 
49,088

 
18,408

 
34,049

 
176,106

% of Grand Totals
42.35
%
 
27.87
%
 
10.45
%
 
19.33
%
 
100.0
%
Net operating income
$
101,274

 
$
89,435

 
$
34,414

 
$
67,864

 
$
292,987

% of Grand Totals
34.57
%
 
30.53
%
 
11.75
%
 
23.15
%
 
100.0
%
Schedule Of Reconciliation Of Net Operating Income To Net Income
The following is a reconciliation of Net Operating Income to net income attributable to Boston Properties, Inc.:
 
 
Three months ended
March 31,
 
2014
 
2013
 
(in thousands)
Net Operating Income
$
356,293

 
$
292,987

Add:
 
 
 
Development and management services income
5,216

 
8,733

Income from unconsolidated joint ventures
2,816

 
8,721

Interest and other income
1,311

 
1,471

Gains from investments in securities
286

 
735

Income from discontinued operations

 
2,494

       Gain on forgiveness of debt from discontinued operations

 
20,182

Less:
 
 
 
General and administrative expense
29,905

 
45,516

Transaction costs
437

 
443

Depreciation and amortization expense
154,270

 
119,453

Interest expense
113,554

 
100,433

Impairment loss

 
8,306

Impairment loss from discontinued operations

 
3,241

Noncontrolling interest in property partnerships
4,354

 
2,574

Noncontrolling interest—redeemable preferred units of the Operating Partnership
619

 
1,180

Noncontrolling interest—common units of the Operating Partnership
6,160

 
4,111

Noncontrolling interest in discontinued operations—common units of the Operating Partnership

 
2,066

Net income attributable to Boston Properties, Inc.
$
56,623

 
$
48,000