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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
ASSETS    
Real estate, at cost $ 19,481,535 $ 19,236,403
Less: accumulated depreciation (3,925,894) (3,547,659)
Total real estate 15,555,641 15,688,744
Cash and cash equivalents 723,718 1,763,079
Cash held in escrows 73,790 487,321
Investments in securities 20,380 19,459
Tenant and other receivables (net of allowance for doubtful accounts of $1,197 and $1,142, respectively) 97,865 46,595
Accrued rental income (net of allowance of $2,775 and $1,499, respectively) 754,883 691,999
Deferred charges, net 732,837 831,744
Prepaid expenses and other assets 185,118 164,432
Investments in unconsolidated joint ventures 235,224 193,394
Total assets 18,379,456 19,886,767
Liabilities:    
Mortgage notes payable 3,438,714 4,309,484
Unsecured senior notes (net of discount of $10,683 and $12,296, respectively) 5,289,317 5,287,704
Unsecured line of credit 0 0
Mezzanine notes payable 308,482 309,796
Outside members’ notes payable 180,000 180,000
Accounts payable and accrued expenses 274,709 243,263
Dividends and distributions payable 327,320 882,472
Accrued interest payable 190,386 163,532
Other liabilities 483,601 502,255
Total liabilities 10,492,529 11,878,506
Commitments and contingencies 0 0
Noncontrolling interest:    
Redeemable preferred units 0 633
Redeemable interest in property partnership 0 104,692
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 / units, liquidation preference $2,500 per share / unit, 80,000 shares / units issued and outstanding at December 31, 2015 and December 31, 2014, respectively 200,000 200,000
Common stock, $.01 par value, 250,000,000 shares authorized, 153,658,866 and 153,192,845 issued and 153,579,966 and 153,113,945 outstanding at December 31, 2015 and December 31, 2014, respectively 1,536 1,531
Additional paid-in capital 6,305,687 6,270,257
Dividends in excess of earnings (780,952) (762,464)
Treasury common stock at cost, 78,900 shares at December 31, 2015 and December 31, 2014 (2,722) (2,722)
Accumulated other comprehensive loss (14,114) (9,304)
Total stockholders' equity attributable to Boston Properties, Inc. 5,709,435 5,697,298
Noncontrolling interests:    
Common units of the Operating Partnership 603,092 603,171
Property partnerships 1,574,400 1,602,467
Total equity / capital 7,886,927 7,902,936
Total liabilities and equity / capital 18,379,456 19,886,767
Boston Properties Limited Partnership [Member]    
ASSETS    
Real estate, at cost 19,061,141 18,814,558
Less: accumulated depreciation (3,846,816) (3,476,321)
Total real estate 15,214,325 15,338,237
Cash and cash equivalents 723,718 1,763,079
Cash held in escrows 73,790 487,321
Investments in securities 20,380 19,459
Tenant and other receivables (net of allowance for doubtful accounts of $1,197 and $1,142, respectively) 97,865 46,595
Accrued rental income (net of allowance of $2,775 and $1,499, respectively) 754,883 691,999
Deferred charges, net 732,837 831,744
Prepaid expenses and other assets 185,118 164,432
Investments in unconsolidated joint ventures 235,224 193,394
Total assets 18,038,140 19,536,260
Liabilities:    
Mortgage notes payable 3,438,714 4,309,484
Unsecured senior notes (net of discount of $10,683 and $12,296, respectively) 5,289,317 5,287,704
Unsecured line of credit 0 0
Mezzanine notes payable 308,482 309,796
Outside members’ notes payable 180,000 180,000
Accounts payable and accrued expenses 274,709 243,263
Dividends and distributions payable 327,320 882,472
Accrued interest payable 190,386 163,532
Other liabilities 483,601 502,255
Total liabilities 10,492,529 11,878,506
Noncontrolling interest:    
Redeemable interest in property partnership 0 104,692
Redeemable partnership units—0 and 12,667 series four preferred units outstanding at redemption value at December 31, 2015 and December 31, 2014, respectively 0 633
Redeemable partnership units—16,097,473 and 16,453,670 common units and 1,831,714 and 1,496,799 long term incentive units outstanding at redemption value at December 31, 2015 and December 31, 2014, respectively 2,286,689 2,310,046
Preferred stock, $.01 par value, 50,000,000 shares authorized;    
5.25% Series B cumulative redeemable preferred stock / units, liquidation preference $2,500 per share / unit, 80,000 shares / units issued and outstanding at December 31, 2015 and December 31, 2014, respectively 193,623 193,623
Boston Properties Limited Partnership partners’ capital—1,715,092 and 1,710,644 general partner units and 151,864,874 and 151,403,301 limited partner units outstanding at December 31, 2015 and December 31, 2014, respectively 3,490,899 3,446,293
Accumulated other comprehensive loss (18,337) (12,973)
Noncontrolling interests:    
Property partnerships 1,574,400 1,602,467
Total equity / capital 5,258,922 5,242,383
Total liabilities and equity / capital $ 18,038,140 $ 19,536,260