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Segment Information (Tables)
9 Months Ended
Sep. 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 September 30, 2015:
 
Boston
 
New York
 
San
Francisco
 
Washington,
DC
 
Total
Rental Revenue:
 
 
 
 
 
 
 
 
 
Class A Office
$
173,412

 
$
253,612

 
$
71,720

 
$
94,086

 
$
592,830

Office/Technical
5,866

 

 
5,595

 
2,951

 
14,412

Residential
1,275

 

 

 
2,836

 
4,111

Hotel
12,619

 

 

 

 
12,619

Total
193,172

 
253,612

 
77,315

 
99,873

 
623,972

% of Grand Totals
30.96
%
 
40.64
%
 
12.39
%
 
16.01
%
 
100.00
%
Rental Expenses:
 
 
 
 
 
 
 
 
 
Class A Office
70,178

 
88,496

 
24,864

 
30,943

 
214,481

Office/Technical
1,720

 

 
1,019

 
1,042

 
3,781

Residential
485

 

 

 
1,049

 
1,534

Hotel
8,125

 

 

 

 
8,125

Total
80,508

 
88,496

 
25,883

 
33,034

 
227,921

% of Grand Totals
35.32
%
 
38.83
%
 
11.36
%
 
14.49
%
 
100.00
%
Net operating income
$
112,664

 
$
165,116

 
$
51,432

 
$
66,839

 
$
396,051

% of Grand Totals
28.45
%
 
41.69
%
 
12.98
%
 
16.88
%
 
100.00
%


For the three months ended September 30, 2014:
 
Boston
 
New York
 
San
Francisco
 
Washington,
DC
 
Total
Rental Revenue:
 
 
 
 
 
 
 
 
 
Class A Office
$
176,788

 
$
243,033

 
$
61,691

 
$
96,219

 
$
577,731

Office/Technical
6,056

 

 
5,892

 
3,713

 
15,661

Residential
1,137

 

 

 
5,881

 
7,018

Hotel
11,918

 

 

 

 
11,918

Total
195,899

 
243,033

 
67,583

 
105,813

 
612,328

% of Grand Totals
31.99
%
 
39.69
%
 
11.04
%
 
17.28
%
 
100.00
%
Rental Expenses:
 
 
 
 
 
 
 
 
 
Class A Office
69,026

 
82,335

 
22,484

 
32,898

 
206,743

Office/Technical
1,901

 

 
1,363

 
1,009

 
4,273

Residential
509

 

 

 
3,654

 
4,163

Hotel
7,585

 

 

 

 
7,585

Total
79,021

 
82,335

 
23,847

 
37,561

 
222,764

% of Grand Totals
35.47
%
 
36.96
%
 
10.71
%
 
16.86
%
 
100.00
%
Net operating income
$
116,878

 
$
160,698

 
$
43,736

 
$
68,252

 
$
389,564

% of Grand Totals
30.00
%
 
41.25
%
 
11.23
%
 
17.52
%
 
100.00
%


For the nine months ended September 30, 2015:
 
Boston
 
New York
 
San
Francisco
 
Washington,
DC
 
Total
Rental Revenue:
 
 
 
 
 
 
 
 
 
Class A Office
$
518,213

 
$
753,142

 
$
206,753

 
$
278,706

 
$
1,756,814

Office/Technical
18,028

 

 
16,808

 
8,946

 
43,782

Residential
3,584

 

 

 
11,192

 
14,776

Hotel
35,107

 

 

 

 
35,107

Total
574,932

 
753,142

 
223,561

 
298,844

 
1,850,479

% of Grand Totals
31.07
%
 
40.70
%
 
12.08
%
 
16.15
%
 
100.00
%
Rental Expenses:
 
 
 
 
 
 
 
 
 
Class A Office
212,517

 
259,218

 
70,189

 
95,403

 
637,327

Office/Technical
5,485

 

 
2,930

 
3,257

 
11,672

Residential
1,505

 

 

 
5,106

 
6,611

Hotel
24,196

 

 

 

 
24,196

Total
243,703

 
259,218

 
73,119

 
103,766

 
679,806

% of Grand Totals
35.85
%
 
38.13
%
 
10.76
%
 
15.26
%
 
100.00
%
Net operating income
$
331,229

 
$
493,924

 
$
150,442

 
$
195,078

 
$
1,170,673

% of Grand Totals
28.29
%
 
42.19
%
 
12.85
%
 
16.67
%
 
100.00
%


For the nine months ended September 30, 2014:
 
Boston
 
New York
 
San
Francisco
 
Washington,
DC
 
Total
Rental Revenue:
 
 
 
 
 
 
 
 
 
Class A Office
$
520,857

 
$
684,240

 
$
173,749

 
$
287,489

 
$
1,666,335

Office/Technical
17,788

 

 
18,451

 
11,044

 
47,283

Residential
3,389

 

 

 
15,609

 
18,998

Hotel
32,478

 

 

 

 
32,478

Total
574,512

 
684,240

 
192,200

 
314,142

 
1,765,094

% of Grand Totals
32.55
%
 
38.76
%
 
10.89
%
 
17.80
%
 
100.00
%
Rental Expenses:
 
 
 
 
 
 
 
 
 
Class A Office
206,242

 
231,668

 
63,078

 
98,818

 
599,806

Office/Technical
5,326

 

 
3,885

 
3,335

 
12,546

Residential
1,501

 

 

 
10,360

 
11,861

Hotel
21,697

 

 

 

 
21,697

Total
234,766

 
231,668

 
66,963

 
112,513

 
645,910

% of Grand Totals
36.35
%
 
35.86
%
 
10.37
%
 
17.42
%
 
100.00
%
Net operating income
$
339,746

 
$
452,572

 
$
125,237

 
$
201,629

 
$
1,119,184

% of Grand Totals
30.36
%
 
40.43
%
 
11.19
%
 
18.02
%
 
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
September 30,
 
Nine months ended September 30,
 
2015
 
2014
 
2015
 
2014
 
(in thousands)
Net Operating Income
$
396,051

 
$
389,564

 
$
1,170,673

 
$
1,119,184

Add:
 
 
 
 
 
 
 
Development and management services income
5,912

 
6,475

 
16,102

 
18,197

Income from unconsolidated joint ventures
2,647

 
4,419

 
20,559

 
10,069

Interest and other income
3,637

 
3,421

 
6,337

 
6,841

Gains on sales of real estate
199,479

 
41,937

 
294,563

 
41,937

Less:
 
 
 
 
 
 
 
General and administrative expense
20,944

 
22,589

 
72,019

 
75,765

Transaction costs
254

 
1,402

 
789

 
2,500

Depreciation and amortization expense
153,015

 
157,245

 
475,082

 
466,143

Losses (gains) from investments in securities
1,515

 
297

 
1,146

 
(651
)
Interest expense
108,727

 
113,308

 
326,018

 
337,839

Noncontrolling interests in property partnerships
115,240

 
5,566

 
139,712

 
17,473

Noncontrolling interest—redeemable preferred units of the Operating Partnership

 
75

 
6

 
1,014

Noncontrolling interest—common units of the Operating Partnership
21,302

 
14,963

 
50,906

 
29,819

Preferred dividends
2,647

 
2,647

 
7,854

 
7,854

Net income attributable to Boston Properties, Inc. common shareholders
$
184,082

 
$
127,724

 
$
434,702

 
$
258,472