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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
ASSETS    
Real estate, at cost $ 18,207,934 $ 18,231,978
Construction in progress 880,996 736,311
Land held for future development 277,327 268,114
Less: accumulated depreciation (3,753,926) (3,547,659)
Total real estate 15,612,331 15,688,744
Cash and cash equivalents 1,342,751 1,763,079
Cash held in escrows 252,558 487,321
Investments in securities 20,953 19,459
Tenant and other receivables (net of allowance for doubtful accounts of $1,061 and $1,142, respectively) 55,183 46,595
Accrued rental income (net of allowance of $1,219 and $1,499, respectively) 730,797 691,999
Deferred charges, net 771,419 831,744
Prepaid expenses and other assets 117,993 164,432
Investments in unconsolidated joint ventures 209,974 193,394
Total assets 19,113,959 19,886,767
Liabilities:    
Mortgage notes payable 4,269,808 4,309,484
Unsecured senior notes (net of discount of $11,497 and $12,296, respectively) 5,288,503 5,287,704
Unsecured line of credit 0 0
Mezzanine notes payable 309,148 309,796
Outside members' notes payable 180,000 180,000
Accounts payable and accrued expenses 231,900 243,263
Dividends and distributions payable 112,892 882,472
Accrued interest payable 178,548 163,532
Other liabilities 448,480 502,255
Total liabilities 11,019,279 11,878,506
Commitments and contingencies 0 0
Noncontrolling interest:    
Redeemable preferred units of the Operating Partnership 0 633
Redeemable interest in property partnership 106,233 104,692
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 $2,500 per share, 92,000 shares authorized, 80,000 shares issued and outstanding at June 30, 2015 and December 31, 2014 200,000 200,000
Common stock, $.01 par value, 250,000,000 shares authorized, 153,552,831 and 153,192,845 issued and 153,473,931 and 153,113,945 outstanding at June 30, 2015 and December 31, 2014, respectively 1,535 1,531
Additional paid-in capital 6,293,556 6,270,257
Dividends in excess of earnings (711,239) (762,464)
Treasury common stock at cost, 78,900 shares at June 30, 2015 and December 31, 2014 (2,722) (2,722)
Accumulated other comprehensive income (loss) 1,848 (9,304)
Total stockholders’ equity attributable to Boston Properties, Inc. 5,782,978 5,697,298
Noncontrolling interests:    
Common units of the Operating Partnership 614,988 603,171
Property partnerships 1,590,481 1,602,467
Total equity 7,988,447 7,902,936
Total liabilities and equity $ 19,113,959 $ 19,886,767