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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenue      
Lease $ 3,054,673 $ 2,918,368 $ 2,753,014
Total revenue 3,273,569 3,108,581 2,888,621
Expenses      
Rental 1,183,947 1,108,070 1,021,151
General and administrative 170,158 146,378 151,573
Transaction costs 4,313 2,905 5,036
Depreciation and amortization 830,813 749,775 717,336
Total expenses 2,239,227 2,050,056 1,920,581
Other income (expense)      
Loss from unconsolidated joint ventures (239,543) (59,840) (2,570)
Gains on sales of real estate 517 437,019 123,660
Gain on sales-type lease 0 10,058 0
Interest and other income (loss) 69,964 11,940 5,704
Other Income - assignment fee 0 6,624 0
Gains (losses) from investments in securities 5,556 (6,453) 5,626
Losses from interest rate contracts (79) 0 0
Unrealized Gain (Loss) on Investments 239 (150) 0
Losses from early extinguishment of debt 0 0 (45,182)
Interest expense (579,572) (437,139) (423,346)
Net Income (loss) 291,424 1,020,584 631,932
Net income attributable to noncontrolling interests      
Noncontrolling interests in property partnerships (78,661) (74,857) (70,806)
Noncontrolling interest - common units of the Operating Partnership (22,548) (96,780) (55,931)
Net income attributable to Boston Properties, Inc. 190,215 848,947 505,195
Preferred dividends / distributions 0 0 (2,560)
Preferred Stock Redemption Charge 0 0 (6,412)
Net income attributable to the Company common shareholders / unitholders $ 190,215 $ 848,947 $ 496,223
Basic earnings per common share / unit attributable to the Company common shareholders / unitholders      
Earnings Per Share After Allocation of Undistributed Earnings to Participating Securities Basic (dollars per share) $ 1.21 $ 5.41 $ 3.18
Weighted average number of common shares / units outstanding (in shares / units) 156,863 156,726 156,116
Diluted earnings per common share / unit attributable to the Company common shareholders / unitholders      
Diluted Earnings: Net income, Per Share Amount (in dollars per share / unit) $ 1.21 $ 5.40 $ 3.17
Weighted average number of common and common equivalent shares / units outstanding (in shares / units) 157,201 157,137 156,376
Boston Properties Limited Partnership      
Revenue      
Lease $ 3,054,673 $ 2,918,368 $ 2,753,014
Total revenue 3,273,569 3,108,581 2,888,621
Expenses      
Rental 1,183,947 1,108,070 1,021,151
General and administrative 170,158 146,378 151,573
Transaction costs 4,313 2,905 5,036
Depreciation and amortization 823,805 742,293  
Total expenses 2,232,219 2,042,574 1,912,280
Other income (expense)      
Loss from unconsolidated joint ventures (239,543) (59,840) (2,570)
Gains on sales of real estate 517 441,075 125,198
Gain on sales-type lease 0 10,058 0
Interest and other income (loss) 69,964 11,940 5,704
Other Income - assignment fee 0 6,624 0
Gains (losses) from investments in securities 5,556 (6,453) 5,626
Losses from interest rate contracts (79) 0 0
Unrealized Gain (Loss) on Investments 239 (150) 0
Losses from early extinguishment of debt 0 0 (45,182)
Interest expense (579,572) (437,139) (423,346)
Net Income (loss) 298,432 1,032,122 641,771
Net income attributable to noncontrolling interests      
Noncontrolling interests in property partnerships (78,661) (74,857) (70,806)
Net income attributable to Boston Properties, Inc. 219,771 957,265 570,965
Preferred dividends / distributions 0 0 (2,560)
Preferred Stock Redemption Charge 0 0 (6,412)
Net income attributable to the Company common shareholders / unitholders $ 219,771 $ 957,265 $ 561,993
Basic earnings per common share / unit attributable to the Company common shareholders / unitholders      
Earnings Per Share After Allocation of Undistributed Earnings to Participating Securities Basic (dollars per share) $ 1.26 $ 5.48 $ 3.25
Weighted average number of common shares / units outstanding (in shares / units) 174,796 174,360 173,150
Diluted earnings per common share / unit attributable to the Company common shareholders / unitholders      
Diluted Earnings: Net income, Per Share Amount (in dollars per share / unit) $ 1.25 $ 5.47 $ 3.24
Weighted average number of common and common equivalent shares / units outstanding (in shares / units) 175,134 174,771 173,410
Parking and Other [Member]      
Revenue      
Other revenue $ 112,918 $ 107,225 $ 81,814
Parking and Other [Member] | Boston Properties Limited Partnership      
Revenue      
Other revenue 112,918 107,225 81,814
Hotel [Member]      
Revenue      
Other revenue [1] 47,357 39,482 13,609
Expenses      
Operating expense 32,225 27,478 12,998
Hotel [Member] | Boston Properties Limited Partnership      
Revenue      
Other revenue 47,357 39,482 13,609
Expenses      
Operating expense 32,225 27,478 12,998
Management Service [Member]      
Revenue      
Other revenue 40,850 28,056 27,697
Management Service [Member] | Boston Properties Limited Partnership      
Revenue      
Other revenue 40,850 28,056 27,697
Real Estate, Other [Member]      
Revenue      
Other revenue 17,771 15,450 12,487
Expenses      
Operating expense 17,771 15,450 12,487
Real Estate, Other [Member] | Boston Properties Limited Partnership      
Revenue      
Other revenue 17,771 15,450 12,487
Expenses      
Operating expense $ 17,771 $ 15,450 $ 12,487
[1] Rental Revenue is equal to Total Revenue per the Company’s Consolidated Statements of Operations, less Development and Management Services Revenue and Direct Reimbursements of Payroll and Related Costs from Management Services Contracts Revenue per the Consolidated Statements of Operations.