Real Estate (Tables)

12 Months Ended

Dec. 31, 2016

Schedule of Property Subject to or Available for Operating Lease

Boston Properties, Inc.

Real estate consisted of the following at December 31 (in thousands):



	2016			2015
Land	$	4,879,020		$	4,806,021
Land held for future development (1)	246,656			252,195
Buildings and improvements	11,890,626			11,709,285
Tenant improvements	2,060,315			1,920,247
Furniture, fixtures and equipment	32,687			29,852
Construction in progress	1,037,959			763,935
Total	20,147,263			19,481,535
Less: Accumulated depreciation	(4,222,235		)	(3,925,894		)
	$	15,925,028		$	15,555,641

_______________


(1)	Includes pre-development costs.

Boston Properties Limited Partnership

Real estate consisted of the following at December 31 (in thousands):



	2016			2015
Land	$	4,774,460		$	4,700,793
Land held for future development (1)	246,656			252,195
Buildings and improvements	11,581,795			11,394,119
Tenant improvements	2,060,315			1,920,247
Furniture, fixtures and equipment	32,687			29,852
Construction in progress	1,037,959			763,935
Total	19,733,872			19,061,141
Less: Accumulated depreciation	(4,136,364		)	(3,846,816		)
	$	15,597,508		$	15,214,325

_______________


(1)	Includes pre-development costs.

3625-3635 Peterson Way

Real Estate Properties [Line Items]

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

The following table summarizes the allocation of the aggregate purchase price of 3625-3635 Peterson Way at the date of acquisition (in thousands).



Land	$	63,206
Building and improvements	7,210
Tenant improvements	7,669
In-place lease intangibles	4,262
Below-market lease intangible	(4,347		)
Net assets acquired	$	78,000

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]

The following table summarizes the estimated annual amortization of the acquired below-market lease intangible and the acquired in-place lease intangibles for 3625-3635 Peterson Way for the remainder of 2016 and each of the next four succeeding fiscal years (in thousands).



	Acquired In-Place Lease Intangibles		Acquired Below- Market Lease Intangible
Period from April 22, 2016 through December 31, 2016	$	296	$	(589	)
2017	444		(884		)
2018	444		(884		)
2019	444		(884		)
2020	444		(884		)