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Segment Information (Tables)
3 Months Ended
Mar. 31, 2015
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, 2015:
 
Boston
 
New York
 
San
Francisco
 
Washington,
DC
 
Total
Rental Revenue:
 
 
 
 
 
 
 
 
 
Class A Office
$
169,907

 
$
253,098

 
$
66,252

 
$
93,131

 
$
582,388

Office/Technical
6,120

 

 
5,659

 
3,042

 
14,821

Residential
1,178

 

 

 
5,676

 
6,854

Hotel
9,085

 

 

 

 
9,085

Total
186,290

 
253,098

 
71,911

 
101,849

 
613,148

% of Grand Totals
30.38
%
 
41.28
%
 
11.73
%
 
16.61
%
 
100.00
%
Rental Expenses:
 
 
 
 
 
 
 
 
 
Class A Office
74,465

 
85,061

 
21,909

 
32,280

 
213,715

Office/Technical
1,986

 

 
912

 
1,191

 
4,089

Residential
509

 

 

 
3,037

 
3,546

Hotel
7,576

 

 

 

 
7,576

Total
84,536

 
85,061

 
22,821

 
36,508

 
228,926

% of Grand Totals
36.92
%
 
37.16
%
 
9.97
%
 
15.95
%
 
100.00
%
Net operating income
$
101,754

 
$
168,037

 
$
49,090

 
$
65,341

 
$
384,222

% of Grand Totals
26.48
%
 
43.73
%
 
12.78
%
 
17.01
%
 
100.00
%
 
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
%
 
100.00
%
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
%
 
100.00
%
Net operating income
$
105,786

 
$
142,937

 
$
40,298

 
$
67,272

 
$
356,293

% of Grand Totals
29.69
%
 
40.12
%
 
11.31
%
 
18.88
%
 
100.00
%
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. common shareholders:

 
 
Three months ended
March 31,
 
2015
 
2014
 
(in thousands)
Net Operating Income
$
384,222

 
$
356,293

Add:
 
 
 
Development and management services income
5,328

 
5,216

Income from unconsolidated joint ventures
14,834

 
2,816

Interest and other income
1,407

 
1,311

Gains from investments in securities
393

 
286

Gains on sales of real estate
95,084

 

Less:
 
 
 
General and administrative expense
28,791

 
29,905

Transaction costs
327

 
437

Depreciation and amortization expense
154,223

 
154,270

Interest expense
108,757

 
113,554

Noncontrolling interests in property partnerships
15,208

 
4,354

Noncontrolling interest—redeemable preferred units of the Operating Partnership
3

 
619

Noncontrolling interest—common units of the Operating Partnership
20,188

 
6,160

Preferred dividends
2,589

 
2,589

Net income attributable to Boston Properties, Inc. common shareholders
$
171,182

 
$
54,034