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Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Real estate, at cost (amounts related to variable interest entities (“VIEs”) of $6,902,389 and $6,789,029 at September 30, 2023 and December 31, 2022, respectively) $ 26,031,390 $ 25,389,663
Right of use assets - finance leases (amounts related to VIEs of $21,000 and $21,000 at September 30, 2023 and December 31, 2022, respectively) 237,532 237,510
Right of use assets - operating leases (amounts related to VIEs of $156,940 and $0 at September 30, 2023 and December 31, 2022, respectively) [1] 322,790 167,351
Less: accumulated depreciation (amounts related to VIEs of $(1,463,949) and $(1,381,401) at September 30, 2023 and December 31, 2022, respectively) (6,723,616) (6,298,082)
Cash and cash equivalents (amounts related to VIEs of $240,039 and $259,658 at September 30, 2023 and December 31, 2022, respectively) 882,647 690,333
Tenant and other receivables, net (amounts related to VIEs of $36,758 and $16,521 at September 30, 2023 and December 31, 2022, respectively) 123,138 81,389
Accrued rental income, net (amounts related to VIEs of $393,227 and $367,138 at September 30, 2023 and December 31, 2022, respectively) 1,331,796 1,276,580
Deferred charges, net (amounts related to VIEs of $171,998 and $176,597 at September 30, 2023 and December 31, 2022, respectively) 692,386 733,282
Prepaid expenses and other assets (amounts related to VIEs of $46,473 and $11,647 at September 30, 2023 and December 31, 2022, respectively) 121,431 43,589
Mortgage notes payable, net (amounts related to VIEs of $3,275,974 and $3,272,368 at September 30, 2023 and December 31, 2022, respectively) 3,275,974 3,272,368
Lease liabilities - finance leases (amounts related to VIEs of $20,710 and $20,604 at September 30, 2023 and December 31, 2022, respectively) 253,178 249,335
Lease liabilities - operating leases (amounts related to VIEs of $136,332 and $0 at September 30, 2023 and December 31, 2022, respectively) 341,299 204,686
Accounts payable and accrued expenses (amounts related to VIEs of $43,696 and $29,466 at September 30, 2023 and December 31, 2022, respectively) 462,240 417,545
Other liabilities (amounts related to VIEs of $106,566 and $114,232 at September 30, 2023 and December 31, 2022, respectively) $ 380,014 $ 450,918
Reedemable deferred stock units, units 114,124 97,853
Limited Partners' Capital Account, Units Outstanding (in units) 155,183,965  
General Partners' Capital Account, Units Outstanding (in units) 1,755,215  
Excess stock, par value $ 0.01 $ 0.01
Excess stock, shares authorized 150,000,000 150,000,000
Excess stock, shares outstanding 0 0
Excess stock, shares issued 0 0
Preferred stock, par value $ 0.01 $ 0.01
Preferred stock, shares authorized 50,000,000 50,000,000
Preferred stock / units, shares / units issued (in shares / units) 0 0
Preferred stock / units, shares / units outstanding (in shares / units) 0 0
Common Stock, Par or Stated Value Per Share $ 0.01 $ 0.01
Common stock, shares authorized 250,000,000 250,000,000
Common stock, shares issued 157,018,080 156,836,767
Common Stock, Shares, Outstanding 156,939,180 156,757,867
Treasury common stock at cost, shares 78,900 78,900
Boston Properties Limited Partnership    
Real estate, at cost (amounts related to variable interest entities (“VIEs”) of $6,902,389 and $6,789,029 at September 30, 2023 and December 31, 2022, respectively) $ 25,665,125 $ 25,022,149
Right of use assets - finance leases (amounts related to VIEs of $21,000 and $21,000 at September 30, 2023 and December 31, 2022, respectively) 237,532 237,510
Right of use assets - operating leases (amounts related to VIEs of $156,940 and $0 at September 30, 2023 and December 31, 2022, respectively) [1] 322,790 167,351
Less: accumulated depreciation (amounts related to VIEs of $(1,463,949) and $(1,381,401) at September 30, 2023 and December 31, 2022, respectively) (6,601,957) (6,180,474)
Cash and cash equivalents (amounts related to VIEs of $240,039 and $259,658 at September 30, 2023 and December 31, 2022, respectively) 882,647 690,333
Tenant and other receivables, net (amounts related to VIEs of $36,758 and $16,521 at September 30, 2023 and December 31, 2022, respectively) 123,138 81,389
Accrued rental income, net (amounts related to VIEs of $393,227 and $367,138 at September 30, 2023 and December 31, 2022, respectively) 1,331,796 1,276,580
Deferred charges, net (amounts related to VIEs of $171,998 and $176,597 at September 30, 2023 and December 31, 2022, respectively) 692,386 733,282
Prepaid expenses and other assets (amounts related to VIEs of $46,473 and $11,647 at September 30, 2023 and December 31, 2022, respectively) 121,431 43,589
Mortgage notes payable, net (amounts related to VIEs of $3,275,974 and $3,272,368 at September 30, 2023 and December 31, 2022, respectively) 3,275,974 3,272,368
Lease liabilities - finance leases (amounts related to VIEs of $20,710 and $20,604 at September 30, 2023 and December 31, 2022, respectively) 253,178 249,335
Lease liabilities - operating leases (amounts related to VIEs of $136,332 and $0 at September 30, 2023 and December 31, 2022, respectively) 341,299 204,686
Accounts payable and accrued expenses (amounts related to VIEs of $43,696 and $29,466 at September 30, 2023 and December 31, 2022, respectively) 462,240 417,545
Other liabilities (amounts related to VIEs of $106,566 and $114,232 at September 30, 2023 and December 31, 2022, respectively) $ 380,014 $ 450,918
Reedemable deferred stock units, units 114,124 97,853
Limited Partners' Capital Account, Units Outstanding (in units) 155,183,965 155,008,185
General Partners' Capital Account, Units Outstanding (in units) 1,755,215 1,749,682
NonControlling Interest Redeemable Partnership Units Common Units Shares Outstanding 16,509,597 16,531,172
NonControlling Interest Redeemable Partnership Units Common Units Long Term Incentive Units At Redemption Value Shares Outstanding 2,072,732 1,679,175
Variable Interest Entity, Primary Beneficiary [Member]    
Real estate, at cost (amounts related to variable interest entities (“VIEs”) of $6,902,389 and $6,789,029 at September 30, 2023 and December 31, 2022, respectively) $ 6,902,389 $ 6,789,029
Right of use assets - finance leases (amounts related to VIEs of $21,000 and $21,000 at September 30, 2023 and December 31, 2022, respectively) 21,000 21,000
Right of use assets - operating leases (amounts related to VIEs of $156,940 and $0 at September 30, 2023 and December 31, 2022, respectively) 156,940 0
Less: accumulated depreciation (amounts related to VIEs of $(1,463,949) and $(1,381,401) at September 30, 2023 and December 31, 2022, respectively) (1,463,949) (1,381,401)
Cash and cash equivalents (amounts related to VIEs of $240,039 and $259,658 at September 30, 2023 and December 31, 2022, respectively) 240,039 259,658
Tenant and other receivables, net (amounts related to VIEs of $36,758 and $16,521 at September 30, 2023 and December 31, 2022, respectively) 36,758 16,521
Accrued rental income, net (amounts related to VIEs of $393,227 and $367,138 at September 30, 2023 and December 31, 2022, respectively) 393,227 367,138
Deferred charges, net (amounts related to VIEs of $171,998 and $176,597 at September 30, 2023 and December 31, 2022, respectively) 171,998 176,597
Prepaid expenses and other assets (amounts related to VIEs of $46,473 and $11,647 at September 30, 2023 and December 31, 2022, respectively) 46,473 11,647
Mortgage notes payable, net (amounts related to VIEs of $3,275,974 and $3,272,368 at September 30, 2023 and December 31, 2022, respectively) 3,275,974 3,272,368
Lease liabilities - finance leases (amounts related to VIEs of $20,710 and $20,604 at September 30, 2023 and December 31, 2022, respectively) 20,710 20,604
Lease liabilities - operating leases (amounts related to VIEs of $136,332 and $0 at September 30, 2023 and December 31, 2022, respectively) 136,332 0
Accounts payable and accrued expenses (amounts related to VIEs of $43,696 and $29,466 at September 30, 2023 and December 31, 2022, respectively) 43,696 29,466
Other liabilities (amounts related to VIEs of $106,566 and $114,232 at September 30, 2023 and December 31, 2022, respectively) 106,566 114,232
Variable Interest Entity, Primary Beneficiary [Member] | Boston Properties Limited Partnership    
Real estate, at cost (amounts related to variable interest entities (“VIEs”) of $6,902,389 and $6,789,029 at September 30, 2023 and December 31, 2022, respectively) 6,902,389 6,789,029
Right of use assets - finance leases (amounts related to VIEs of $21,000 and $21,000 at September 30, 2023 and December 31, 2022, respectively) 21,000 21,000
Right of use assets - operating leases (amounts related to VIEs of $156,940 and $0 at September 30, 2023 and December 31, 2022, respectively) 156,940 0
Less: accumulated depreciation (amounts related to VIEs of $(1,463,949) and $(1,381,401) at September 30, 2023 and December 31, 2022, respectively) (1,463,949) (1,381,401)
Cash and cash equivalents (amounts related to VIEs of $240,039 and $259,658 at September 30, 2023 and December 31, 2022, respectively) 240,039 259,658
Tenant and other receivables, net (amounts related to VIEs of $36,758 and $16,521 at September 30, 2023 and December 31, 2022, respectively) 36,758 16,521
Accrued rental income, net (amounts related to VIEs of $393,227 and $367,138 at September 30, 2023 and December 31, 2022, respectively) 393,227 367,138
Deferred charges, net (amounts related to VIEs of $171,998 and $176,597 at September 30, 2023 and December 31, 2022, respectively) 171,998 176,597
Prepaid expenses and other assets (amounts related to VIEs of $46,473 and $11,647 at September 30, 2023 and December 31, 2022, respectively) 46,473 11,647
Mortgage notes payable, net (amounts related to VIEs of $3,275,974 and $3,272,368 at September 30, 2023 and December 31, 2022, respectively) 3,275,974 3,272,368
Lease liabilities - finance leases (amounts related to VIEs of $20,710 and $20,604 at September 30, 2023 and December 31, 2022, respectively) 20,710 20,604
Lease liabilities - operating leases (amounts related to VIEs of $136,332 and $0 at September 30, 2023 and December 31, 2022, respectively) 136,332 0
Accounts payable and accrued expenses (amounts related to VIEs of $43,696 and $29,466 at September 30, 2023 and December 31, 2022, respectively) 43,696 29,466
Other liabilities (amounts related to VIEs of $106,566 and $114,232 at September 30, 2023 and December 31, 2022, respectively) $ 106,566 $ 114,232
[1] See Note 4.