Real Estate (Tables)

9 Months Ended

Sep. 30, 2023

Real Estate Properties [Line Items]

Schedule of Real Estate Properties

BXP

Real estate consisted of the following at September 30, 2023 and December 31, 2022 (in thousands):

	September 30, 2023		December 31, 2022
Land	$	5,200,195	$	5,189,811
Right of use assets - finance leases	237,532		237,510
Right of use assets - operating leases (1)	322,790		167,351
Land held for future development (2)	670,691		721,501
Buildings and improvements	16,112,969		15,820,724
Tenant improvements	3,442,669		3,200,743
Furniture, fixtures and equipment	53,536		50,310
Construction in progress	551,330		406,574
Total	26,591,712		25,794,524
Less: Accumulated depreciation	(6,723,616)		(6,298,082)
	$	19,868,096	$	19,496,442

_______________

(1)See Note 4.

(2)Includes pre-development costs.

Boston Properties Limited Partnership

Real Estate Properties [Line Items]

Schedule of Real Estate Properties

BPLP

Real estate consisted of the following at September 30, 2023 and December 31, 2022 (in thousands):

	September 30, 2023		December 31, 2022
Land	$	5,105,486	$	5,095,102
Right of use assets - finance leases	237,532		237,510
Right of use assets - operating leases (1)	322,790		167,351
Land held for future development (2)	670,691		721,501
Buildings and improvements	15,841,413		15,547,919
Tenant improvements	3,442,669		3,200,743
Furniture, fixtures and equipment	53,536		50,310
Construction in progress	551,330		406,574
Total	26,225,447		25,427,010
Less: Accumulated depreciation	(6,601,957)		(6,180,474)
	$	19,623,490	$	19,246,536

_______________

(1)See Note 4.

(2)Includes pre-development costs.