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Segment Information (Tables)
6 Months Ended
Jun. 30, 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 June 30, 2015:
 
Boston
 
New York
 
San
Francisco
 
Washington,
DC
 
Total
Rental Revenue:
 
 
 
 
 
 
 
 
 
Class A Office
$
174,894

 
$
246,432

 
$
68,781

 
$
91,489

 
$
581,596

Office/Technical
6,042

 

 
5,554

 
2,953

 
14,549

Residential
1,131

 

 

 
2,680

 
3,811

Hotel
13,403

 

 

 

 
13,403

Total
195,470

 
246,432

 
74,335

 
97,122

 
613,359

% of Grand Totals
31.87
%
 
40.18
%
 
12.12
%
 
15.83
%
 
100.00
%
Rental Expenses:
 
 
 
 
 
 
 
 
 
Class A Office
67,874

 
85,661

 
23,416

 
32,180

 
209,131

Office/Technical
1,779

 

 
999

 
1,024

 
3,802

Residential
511

 

 

 
1,020

 
1,531

Hotel
8,495

 

 

 

 
8,495

Total
78,659

 
85,661

 
24,415

 
34,224

 
222,959

% of Grand Totals
35.28
%
 
38.42
%
 
10.95
%
 
15.35
%
 
100.00
%
Net operating income
$
116,811

 
$
160,771

 
$
49,920

 
$
62,898

 
$
390,400

% of Grand Totals
29.92
%
 
41.18
%
 
12.79
%
 
16.11
%
 
100.00
%
 


For the three months ended June 30, 2014:
 
Boston
 
New York
 
San
Francisco
 
Washington,
DC
 
Total
Rental Revenue:
 
 
 
 
 
 
 
 
 
Class A Office
$
173,128

 
$
223,899

 
$
57,450

 
$
94,222

 
$
548,699

Office/Technical
5,912

 

 
6,341

 
3,671

 
15,924

Residential
1,089

 

 

 
5,209

 
6,298

Hotel
12,367

 

 

 

 
12,367

Total
192,496

 
223,899

 
63,791

 
103,102

 
583,288

% of Grand Totals
33.00
%
 
38.39
%
 
10.94
%
 
17.67
%
 
100.00
%
Rental Expenses:
 
 
 
 
 
 
 
 
 
Class A Office
65,818

 
74,962

 
21,282

 
32,481

 
194,543

Office/Technical
1,736

 

 
1,308

 
1,123

 
4,167

Residential
544

 

 

 
3,392

 
3,936

Hotel
7,315

 

 

 

 
7,315

Total
75,413

 
74,962

 
22,590

 
36,996

 
209,961

% of Grand Totals
35.92
%
 
35.70
%
 
10.76
%
 
17.62
%
 
100.00
%
Net operating income
$
117,083

 
$
148,937

 
$
41,201

 
$
66,106

 
$
373,327

% of Grand Totals
31.36
%
 
39.89
%
 
11.04
%
 
17.71
%
 
100.00
%

For the six months ended June 30, 2015:
 
 
Boston
 
New York
 
San
Francisco
 
Washington,
DC
 
Total
Rental Revenue:
 
 
 
 
 
 
 
 
 
Class A Office
$
344,801

 
$
499,530

 
$
135,033

 
$
184,620

 
$
1,163,984

Office/Technical
12,162

 

 
11,213

 
5,995

 
29,370

Residential
2,309

 

 

 
8,356

 
10,665

Hotel
22,488

 

 

 

 
22,488

Total
381,760

 
499,530

 
146,246

 
198,971

 
1,226,507

% of Grand Totals
31.13
%
 
40.73
%
 
11.92
%
 
16.22
%
 
100.00
%
Rental Expenses:
 
 
 
 
 
 
 
 
 
Class A Office
142,339

 
170,722

 
45,325

 
64,460

 
422,846

Office/Technical
3,765

 

 
1,911

 
2,215

 
7,891

Residential
1,020

 

 

 
4,057

 
5,077

Hotel
16,071

 

 

 

 
16,071

Total
163,195

 
170,722

 
47,236

 
70,732

 
451,885

% of Grand Totals
36.12
%
 
37.78
%
 
10.45
%
 
15.65
%
 
100.00
%
Net operating income
$
218,565

 
$
328,808

 
$
99,010

 
$
128,239

 
$
774,622

% of Grand Totals
28.22
%
 
42.45
%
 
12.78
%
 
16.55
%
 
100.00
%



For the six months ended June 30, 2014:
 
 
Boston
 
New York
 
San
Francisco
 
Washington,
DC
 
Total
Rental Revenue:
 
 
 
 
 
 
 
 
 
Class A Office
$
344,070

 
$
441,207

 
$
112,058

 
$
191,270

 
$
1,088,605

Office/Technical
11,732

 

 
12,558

 
7,331

 
31,621

Residential
2,252

 

 

 
9,728

 
11,980

Hotel
20,560

 

 

 

 
20,560

Total
378,614

 
441,207

 
124,616

 
208,329

 
1,152,766

% of Grand Totals
32.84
%
 
38.28
%
 
10.81
%
 
18.07
%
 
100.00
%
Rental Expenses:
 
 
 
 
 
 
 
 
 
Class A Office
137,216

 
149,333

 
40,595

 
65,920

 
393,064

Office/Technical
3,425

 

 
2,522

 
2,325

 
8,272

Residential
992

 

 

 
6,706

 
7,698

Hotel
14,112

 

 

 

 
14,112

Total
155,745

 
149,333

 
43,117

 
74,951

 
423,146

% of Grand Totals
36.81
%
 
35.29
%
 
10.19
%
 
17.71
%
 
100.00
%
Net operating income
$
222,869

 
$
291,874

 
$
81,499

 
$
133,378

 
$
729,620

% of Grand Totals
30.55
%
 
40.00
%
 
11.17
%
 
18.28
%
 
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
June 30,
 
Six months ended June 30,
 
2015
 
2014
 
2015
 
2014
 
(in thousands)
Net Operating Income
$
390,400

 
$
373,327

 
$
774,622

 
$
729,620

Add:
 
 
 
 
 
 
 
Development and management services income
4,862

 
6,506

 
10,190

 
11,722

Income from unconsolidated joint ventures
3,078

 
2,834

 
17,912

 
5,650

Interest and other income
1,293

 
2,109

 
2,700

 
3,420

Gains (losses) from investments in securities
(24
)
 
662

 
369

 
948

Gains on sales of real estate

 

 
95,084

 

Less:
 
 
 
 
 
 
 
General and administrative expense
22,284

 
23,271

 
51,075

 
53,176

Transaction costs
208

 
661

 
535

 
1,098

Depreciation and amortization expense
167,844

 
154,628

 
322,067

 
308,898

Interest expense
108,534

 
110,977

 
217,291

 
224,531

Noncontrolling interests in property partnerships
9,264

 
7,553

 
24,472

 
11,907

Noncontrolling interest—redeemable preferred units of the Operating Partnership
3

 
320

 
6

 
939

Noncontrolling interest—common units of the Operating Partnership
9,394

 
8,883

 
29,530

 
15,010

Preferred dividends
2,618

 
2,618

 
5,207

 
5,207

Net income attributable to Boston Properties, Inc. common shareholders
$
79,460

 
$
76,527

 
$
250,694

 
$
130,594