Earnings Per Share / Common Unit (Tables)

9 Months Ended

Sep. 30, 2022

Computation Of Basic And Diluted Earnings Per Share / Unit


	Three months ended September 30, 2022
	Income (Numerator)		Shares (Denominator)	Per Share Amount
	(in thousands, except for per share amounts)
Basic Earnings:
Net income attributable to Boston Properties, Inc. common shareholders	$	360,977	156,754	$	2.30
Allocation of undistributed earnings to participating securities	(762)		—	—
Net income attributable to Boston Properties, Inc. common shareholders	360,215		156,754	2.30
Effect of Dilutive Securities:
Stock Based Compensation	—		379	(0.01)
Diluted Earnings:
Net income attributable to Boston Properties, Inc. common shareholders	$	360,215	157,133	$	2.29

	Three months ended September 30, 2021
	Income (Numerator)		Shares (Denominator)	Per Share Amount
	(in thousands, except for per share amounts)
Basic Earnings:


Net income attributable to Boston Properties, Inc. common shareholders	$	108,297	156,183	$	0.69
Effect of Dilutive Securities:
Stock Based Compensation	—		415	—
Diluted Earnings:
Net income attributable to Boston Properties, Inc. common shareholders	$	108,297	156,598	$	0.69


	Nine months ended September 30, 2022
	Income (Numerator)		Shares (Denominator)	Per Share Amount
	(in thousands, except for per share amounts)
Basic Earnings:
Net income attributable to Boston Properties, Inc. common shareholders	$	727,144	156,708	$	4.64
Allocation of undistributed earnings to participating securities	(1,002)		—	(0.01)
Net income attributable to Boston Properties, Inc. common shareholders	726,142		156,708	4.63
Effect of Dilutive Securities:
Stock Based Compensation	—		436	(0.01)
Diluted Earnings:
Net income attributable to Boston Properties, Inc. common shareholders	$	726,142	157,144	$	4.62


	Nine months ended September 30, 2021
	Income (Numerator)		Shares (Denominator)	Per Share Amount
	(in thousands, except for per share amounts)
Basic Earnings:


Net income attributable to Boston Properties, Inc. common shareholders	$	311,680	156,062	$	2.00
Effect of Dilutive Securities:
Stock Based Compensation	—		332	(0.01)
Diluted Earnings:
Net income attributable to Boston Properties, Inc. common shareholders	$	311,680	156,394	$	1.99

Boston Properties Limited Partnership

Entity Information [Line Items]

Computation Of Basic And Diluted Earnings Per Share / Unit

Included in the number of units (the denominator) below are approximately 17,662,000 and 17,011,000 redeemable common units for the three months ended September 30, 2022 and 2021, respectively, and 17,631,000 and 17,016,000 redeemable common units for the nine months ended September 30, 2022 and 2021, respectively.


	Three months ended September 30, 2022
	Income (Numerator)		Units (Denominator)	Per Unit Amount
	(in thousands, except for per unit amounts)
Basic Earnings:
Net income attributable to Boston Properties Limited Partnership common unitholders	$	403,578	174,416	$	2.31
Allocation of undistributed earnings to participating securities	(848)		—	—
Net income attributable to Boston Properties, Inc. common shareholders	402,730		174,416	2.31
Effect of Dilutive Securities:
Stock Based Compensation	—		379	(0.01)
Diluted Earnings:
Net income attributable to Boston Properties Limited Partnership common unitholders	$	402,730	174,795	$	2.30


	Three months ended September 30, 2021
	Income (Numerator)		Units (Denominator)	Per Unit Amount
	(in thousands, except for per unit amounts)
Basic Earnings:


Net income attributable to Boston Properties Limited Partnership common unitholders	$	122,014	173,194	$	0.70
Effect of Dilutive Securities:
Stock Based Compensation	—		415	—
Diluted Earnings:
Net income attributable to Boston Properties Limited Partnership common unitholders	$	122,014	173,609	$	0.70


	Nine months ended September 30, 2022
	Income (Numerator)		Units (Denominator)	Per Unit Amount
	(in thousands, except for per unit amounts)
Basic Earnings:
Net income attributable to Boston Properties Limited Partnership common unitholders	$	819,195	174,339	$	4.70
Allocation of undistributed earnings to participating securities	(1,115)		—	(0.01)
Net income attributable to Boston Properties Limited Partnership common unitholders	$	818,080	174,339	$	4.69
Effect of Dilutive Securities:
Stock Based Compensation	—		436	(0.01)
Diluted Earnings:
Net income attributable to Boston Properties Limited Partnership common unitholders	$	818,080	174,775	$	4.68

	Nine months ended September 30, 2021
	Income (Numerator)		Units (Denominator)	Per Unit Amount
	(in thousands, except for per unit amounts)
Basic Earnings:


Net income attributable to Boston Properties Limited Partnership common unitholders	$	353,633	173,078	$	2.04
Effect of Dilutive Securities:
Stock Based Compensation	—		332	—
Diluted Earnings:
Net income attributable to Boston Properties Limited Partnership common unitholders	$	353,633	173,410	$	2.04