BOSTON PROPERTIES, INC. BXP Income Statement

Boston properties, inc. (BXP)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Revenue
Lease
710,111	706,349	692,225	680,189	679,251	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Base rent
-	-	-	0	-	541,902	525,875	516,439	519,507	511,995	513,269	520,542	503,562	498,941	489,312	493,386	536,128	493,141	494,300	486,609	490,682	484,011	484,071	463,239	455,018	453,538	449,636	399,192	373,046	365,195	366,795	371,019	354,825	332,231	358,607	346,515	338,925	307,789	310,459	305,823	302,383	295,448	291,602	304,864	293,517	266,205	281,072
Recoveries from tenants
-	-	-	0	-	109,265	102,424	95,259	95,118	94,697	94,476	89,163	89,164	91,123	92,560	85,706	89,586	88,576	91,544	86,795	88,593	85,946	90,103	81,382	81,934	79,586	80,718	68,321	64,319	59,306	59,855	57,361	51,648	50,785	53,194	48,255	45,849	42,847	45,646	44,340	45,544	46,769	51,901	49,821	52,408	55,968	49,848
Other revenue
-	-	-	-	-	-	-	-	9,102	-	13,064	13,375	7,420	10,965	12,354	12,808	8,757	10,939	12,619	13,403	9,085	10,907	11,918	12,367	8,193	10,269	10,652	11,118	8,291	11,691	9,359	10,049	6,816	11,632	8,045	8,904	5,948	10,510	8,016	8,371	5,903	10,277	6,650	7,396	6,062	8,482	9,708
Total rental revenue
-	-	-	-	-	-	-	-	-	-	633,837	636,167	618,336	615,398	606,510	605,205	650,539	606,849	611,353	599,956	604,063	595,681	600,410	570,921	561,285	558,298	555,354	491,060	460,802	445,446	449,297	451,736	428,732	401,671	433,480	415,868	403,838	367,530	371,955	366,586	363,224	357,574	359,386	373,101	362,866	338,797	348,237
Development and management services
-	-	-	-	-	-	-	-	8,405	-	10,811	7,365	6,472	9,698	6,364	5,533	6,689	6,452	5,912	4,862	5,328	7,119	6,475	6,506	5,216	7,632	5,475	7,855	8,733	8,327	8,024	9,564	8,145	8,705	8,178	9,095	7,428	6,948	6,439	18,884	8,944	8,277	9,754	8,551	8,296	9,557	6,460
Direct reimbursements of payroll and related costs from management services contracts
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenues
752,556	757,501	743,553	733,741	725,767	705,157	686,284	664,484	661,151	655,229	657,712	656,907	632,228	636,061	625,228	623,546	665,985	624,240	629,884	618,221	618,476	613,707	618,803	589,794	574,694	576,199	571,481	510,033	477,826	465,464	466,680	471,349	443,693	422,008	449,703	433,867	417,214	384,988	386,410	393,841	378,071	373,853	377,303	389,490	377,544	357,988	368,680
Expenses
Rental
262,966	268,919	265,603	257,971	257,517	253,043	247,989	237,790	240,329	233,895	237,341	230,454	228,287	224,098	228,560	217,938	219,172	216,642	219,796	214,464	221,350	211,077	215,179	202,646	206,388	198,588	199,288	176,018	169,062	156,381	165,693	161,172	155,842	135,629	153,776	143,633	139,630	121,844	128,041	123,284	124,985	124,188	129,020	124,730	123,861	127,715	119,103
Cost of Goods and Services Sold
-	-	-	-	-	-	-	-	8,073	-	8,447	8,404	7,091	7,736	8,118	7,978	7,634	7,888	8,125	8,495	7,576	7,539	7,585	7,315	6,797	7,488	6,580	7,335	7,044	8,519	6,886	6,616	6,099	8,076	6,032	6,281	5,739	7,602	6,194	6,089	5,268	7,717	5,418	5,359	5,472	6,318	6,449
General and Administrative Expense
36,454	32,797	31,147	35,071	41,762	27,683	29,677	28,468	35,894	29,396	25,792	27,141	31,386	25,293	25,165	25,418	29,353	24,300	20,944	22,284	28,791	23,172	22,589	23,271	29,905	20,656	24,841	24,316	45,516	21,827	21,617	19,066	27,619	26,820	16,917	18,721	24,643	16,859	18,067	17,648	26,822	19,506	19,989	18,532	17,420	18,758	17,467
Other Cost and Expense, Operating
615	569	538	417	460	195	914	474	21	96	239	299	34	1,200	249	913	25	470	254	208	327	640	1,402	661	437	0	766	535	443	401	1,140	8	2,104	80	474	1,361	72	-	1,893	-	-	-	-	-	-	-	-
Payroll and related costs from management services contracts
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Suspension of development
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	7,200	0	0	0	-27,766	0	0
Depreciation, Depletion and Amortization, Nonproduction
171,094	169,897	165,862	177,411	164,594	165,439	157,996	156,417	165,797	154,259	152,164	151,919	159,205	178,032	203,748	153,175	159,448	164,460	153,015	167,844	154,223	162,430	157,245	154,628	154,270	154,475	153,253	133,456	119,453	115,592	110,653	111,168	108,462	101,572	108,674	110,259	109,237	90,251	81,133	81,400	83,075	79,125	78,181	87,005	77,370	75,321	74,389
Total expenses
481,187	482,659	474,322	482,353	475,591	456,800	447,920	433,860	452,999	425,763	423,983	418,217	426,003	434,576	467,623	405,422	415,632	413,760	402,134	413,295	412,267	404,858	404,000	388,521	397,797	381,207	384,728	341,660	349,824	302,720	305,989	298,030	300,126	272,177	285,873	280,255	279,321	237,539	235,328	228,421	232,950	-2,703	308,397	313,559	331,406	310,032	286,613
Operating income
-	-	-	-	-	-	-	-	-	-	233,729	238,690	206,225	-	157,605	218,124	250,353	210,480	227,750	204,926	206,209	208,849	214,803	201,273	176,897	194,992	186,753	168,373	128,002	162,744	160,691	173,319	143,567	149,831	163,830	153,612	137,893	147,449	151,082	165,420	145,121	376,556	68,906	75,931	46,138	47,956	82,067
Other income (expense)
Income (Loss) from Equity Method Investments
-369	-936	-649	47,964	213	5,305	-4,313	769	461	4,197	843	3,108	3,084	2,585	1,464	2,234	1,791	2,211	2,647	3,078	14,834	2,700	4,419	2,834	2,816	2,834	14,736	48,783	8,721	6,949	9,217	21,191	11,721	57,712	11,326	8,882	7,976	9,834	11,565	7,465	7,910	962	6,350	-351	5,097	2,644	1,855
Income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	79,395	82,311	503,446	38,496	69,140	63,972	97,079	55,265	103,958	80,431	69,870	48,691	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	536	1,677	3,315	2,494	7,468	1,550	218	570	11,485	20	-132	-497	-	-	-	-	-	-	-	-	-	-
Gain on sale of real estate from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	86,448	-	-	-	0	36,877	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on forgiveness of debt from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	20,182	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	3,241	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
-	-	141,370	203,461	-	-	150,445	160,565	216,312	-	147,704	163,243	115,431	-	58,521	117,357	148,599	85,406	123,792	100,739	114,086	85,323	109,038	95,901	67,756	-	170,436	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Sale of Properties, before Applicable Income Taxes
410,165	-57	-15	1,686	-905	59,804	7,863	18,292	96,397	872	2,891	3,767	133	0	12,983	0	67,623	81,332	199,479	0	95,084	126,102	41,937	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	0	969	1,765	2,078	2,394	4,493	2,795	1,753	6,203
Gains on consolidation of joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,810	387,801	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest and Other Income
3,017	4,393	7,178	3,615	3,753	3,774	2,822	2,579	1,648	2,336	1,329	1,504	614	573	3,628	1,524	1,505	440	3,637	1,293	1,407	1,924	3,421	2,109	1,311	1,664	3,879	1,296	1,471	2,062	4,001	2,382	1,646	1,179	1,252	1,953	974	1,691	1,814	2,117	1,710	1,784	1,513	442	320	1,152	4,275
Gain (Loss) on Investments
-5,445	2,160	106	1,165	2,969	-3,354	1,075	505	-126	984	944	730	1,042	560	976	478	259	493	-1,515	-24	393	387	-297	662	286	1,039	956	181	735	187	587	-186	801	38	-860	6	373	682	731	-678	200	510	1,317	1,194	-587	-940	-160
Losses from interest rate contracts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-140	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6,318	257
Impairment losses
0	0	0	0	24,038	11,812	0	0	0	-	-	-	-	-	1,783	-	-	-	0	-	-	-	-	-	-	0	0	0	8,306	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense
101,591	102,880	106,471	102,357	101,009	100,378	95,366	92,204	90,220	91,772	92,032	95,143	95,534	97,896	104,641	105,003	105,309	106,178	108,727	108,534	108,757	117,904	113,308	110,977	113,554	121,134	122,173	103,140	100,433	102,802	105,030	99,901	103,237	103,308	95,117	94,583	98,525	92,192	97,103	96,755	92,029	88,180	77,090	78,633	78,930	74,662	69,302
Gain (Loss) on Extinguishment of Debt
-	-	-28,010	-	-	-	0	-	-	-	0	14,354	-	-	-371	0	-	-	0	-	-	-	-	-	-	-	-30	152	-	0	-5,494	274	767	-	-	-	0	-81,662	0	-6,051	-2,170	-	-16	-494	-	0	0
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	68,089	71,518	60,742	-	-	-	-	-	-
Net income
577,146	-	-	-	131,159	-	-	-	-	-	-	167,010	115,564	164,894	71,504	117,357	216,222	166,738	323,271	100,739	209,170	211,425	150,975	95,901	67,756	106,312	170,436	506,761	57,931	76,608	65,522	134,174	55,835	115,443	80,451	69,738	48,194	-12,756	68,089	72,487	62,507	62,746	77,650	80,073	54,030	52,353	90,125
Net income attributable to noncontrolling interests
Noncontrolling Interest in Net Income (Loss) Limited Partnerships, Nonredeemable
19,486	16,338	18,470	17,482	18,830	16,425	14,850	14,400	17,234	13,865	14,340	15,203	4,424	-2,121	-17,225	6,814	10,464	10,143	115,240	9,264	15,208	13,088	5,566	7,553	4,354	2,271	-3,279	-219	2,574	2,331	458	457	546	440	86	503	529	907	889	864	804	463	1,114	691	510	525	420
Noncontrolling interest—redeemable preferred units
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	3	3	9	75	320	619	2,661	1,082	1,123	1,180	1,057	874	765	801	842	832	842	823	795	820	836	892	860	772	972	990	1,053	1,071
Noncontrolling Interest in Net Income (Loss) Operating Partnerships, Redeemable
57,539	16,206	12,504	19,036	11,599	17,664	13,852	14,859	20,432	11,903	13,402	15,473	11,432	17,123	9,387	11,357	21,393	16,067	21,302	9,394	20,188	20,856	14,963	8,883	6,160	7,146	8,339	50,489	4,111	7,055	6,779	10,318	5,973	11,734	8,989	8,194	6,090	-1,917	8,712	9,250	7,870	7,712	9,662	10,629	7,531	7,440	12,251
Noncontrolling interest In gains on sales Of real estate common units of the operating partnership
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2	-1	125	227	242	307	629	401	256	900
Noncontrolling interest in discontinued operations - common units of the Operating Partnership
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,782	8,970	333	2,066	777	162	4,075	61	1,317	2	-15	-61	-	-	-	-	-	-	-	-	-	-
Net income attributable to the Company
500,121	143,465	110,396	166,943	100,730	151,152	121,743	131,306	178,646	106,435	119,962	136,334	99,708	149,892	79,342	99,186	184,365	140,528	186,729	82,078	173,771	177,472	130,371	79,145	56,623	91,452	155,324	455,035	48,000	65,388	57,249	118,559	48,454	101,110	70,542	60,214	40,813	-12,722	57,668	61,412	52,714	53,469	65,795	67,152	44,598	43,079	75,483
Preferred dividends / distributions
2,625	2,625	2,625	2,625	2,625	2,625	2,625	2,625	2,625	2,625	2,625	2,625	2,625	2,704	2,589	2,589	2,618	2,646	2,647	2,618	2,589	2,646	2,647	2,618	2,589	2,646	2,647	2,618	146	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to the Company's common shareholders / unitholders
497,496	140,840	107,771	164,318	98,105	148,527	119,118	128,681	176,021	103,810	117,337	133,709	97,083	147,188	76,753	96,597	181,747	137,882	184,082	79,460	171,182	174,826	127,724	76,527	54,034	88,806	152,677	452,417	47,854	65,388	57,249	118,559	48,454	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Per Share After Allccation of Undistributed Earnings to Particiapting Securities Basic (dollars per share)
3.20	-	-	-	0.63	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Per Share, Basic [Abstract]
Income from continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.45	0.48	2.93	0.20	0.38	0.37	0.57	0.33	0.62	0.48	0.41	0.29	-	-	-	-	-	-	-	-	-	-
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.15	0.52	0.02	0.12	0.05	0.01	0.22	0.00	-	-	-	0.00	-	-	-	-	-	-	-	-	-	-
Earnings Per Share, Basic
3.21	0.92	0.70	1.06	0.63	0.97	0.77	0.83	1.14	0.67	0.76	0.87	0.63	0.96	0.50	0.63	1.18	0.89	1.20	0.52	1.12	1.15	0.83	0.50	0.35	0.60	1.00	2.95	0.32	0.43	0.38	0.79	0.33	0.69	0.48	0.41	0.29	-0.09	0.41	0.44	0.38	-	0.47	0.54	-	0.36	0.63
Weighted Average Number of Shares Outstanding, Basic
155,011	154,671	154,577	154,555	154,525	154,468	154,440	154,415	154,385	154,368	154,355	154,177	153,860	153,818	153,754	153,662	153,626	153,609	153,595	153,450	153,230	153,128	153,120	153,078	153,030	152,813	152,407	151,938	151,646	151,024	150,801	150,312	148,343	147,807	147,006	145,864	142,095	140,121	139,595	139,113	138,931	277,538	138	125,267	121,256	119,832	119,753
Earnings Per Share, Diluted [Abstract]
Income from continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.45	0.48	2.92	0.20	0.38	0.37	0.56	0.33	0.62	0.48	0.41	0.29	-	-	-	-	-	-	-	-	-	-
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.16	0.52	0.02	0.11	0.05	0.01	0.22	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted Earnings: Net income, Per Share Amount (in dollars per share / unit)
3.20	0.91	0.70	1.06	0.63	0.96	0.77	0.83	1.14	0.67	0.76	0.87	0.63	0.95	0.50	0.63	1.18	0.89	1.20	0.52	1.11	1.15	0.83	0.50	0.35	0.61	1.00	2.94	0.31	0.43	0.38	0.78	0.33	0.68	0.48	0.41	0.29	-0.09	0.41	0.44	0.38	0.39	0.47	0.53	0.37	0.35	0.62
Weighted Average Number of Shares Outstanding, Diluted
155,258	154,994	154,820	154,874	154,844	154,774	154,678	154,571	154,705	154,532	154,483	154,331	154,214	153,995	154,136	153,860	153,917	153,902	153,786	153,815	153,873	153,552	153,273	153,238	153,169	152,950	152,692	152,490	151,952	151,421	151,983	150,694	148,746	148,051	147,622	146,695	142,504	140,612	140,193	139,826	139,597	278,820	139	125,620	121,468	121,369	121,315
Dividends / Distributions, Per Share / Unit, Declared
-	-	-	-	-	-	-	-	-	-	-	0.75	0.75	-	0.65	0.65	0.65	-	0.65	0.65	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
500,121	143,465	110,396	166,943	100,730	151,152	121,743	131,306	178,646	106,435	119,962	136,334	99,708	-	79,342	99,186	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	43,079	75,483
Boston Properties Limited Partnership
Lease
710,111	706,349	692,225	680,189	679,251	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Base rent
-	-	-	0	-	541,902	525,875	516,439	519,507	511,995	513,269	520,542	503,562	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Recoveries from tenants
-	-	-	0	-	109,265	102,424	95,259	95,118	94,697	94,476	89,163	89,164	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Parking and other
-	-	-	-	-	-	-	-	-	-	26,092	26,462	25,610	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total rental revenue
-	-	-	-	-	-	-	-	-	-	633,837	636,167	618,336	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenue from Hotels
-	-	-	-	-	-	-	-	-	-	13,064	13,375	7,420	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Development and management services
-	-	-	-	-	-	-	-	8,405	-	10,811	7,365	6,472	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Direct reimbursements of payroll and related costs from management services contracts
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenues
752,556	757,501	743,553	733,741	725,767	705,157	686,284	664,484	661,151	655,229	657,712	656,907	632,228	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rental
262,966	268,919	265,603	257,971	257,517	253,043	247,989	237,790	240,329	233,895	237,341	230,454	228,287	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Direct Costs of Hotels
-	-	-	-	-	-	-	-	-	-	8,447	8,404	7,091	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and Administrative Expense
36,454	32,797	31,147	35,071	41,762	27,683	29,677	28,468	35,894	29,396	25,792	27,141	31,386	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Cost and Expense, Operating
615	569	538	417	460	-	914	474	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payroll and related costs from management services contracts
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transaction costs expensed
-	-	-	-	-	-	-	-	21	-	239	299	34	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation, Depletion and Amortization, Nonproduction
169,285	168,055	164,020	175,199	162,682	163,508	156,056	154,474	163,853	-	150,210	149,834	157,058	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total expenses
479,378	480,817	472,480	480,141	473,679	454,869	445,980	431,917	451,055	423,809	422,029	416,132	423,856	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income
-	-	-	-	-	-	-	-	-	-	235,683	240,775	208,372	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Equity Method Investments
-369	-936	-649	47,964	213	5,305	-4,313	769	461	4,197	843	3,108	3,084	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Sale of Properties, before Applicable Income Taxes
419,654	-57	-15	1,835	-905	63,885	9,154	18,770	98,907	872	2,891	4,344	133	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest and Other Income
3,017	4,393	7,178	3,615	3,753	3,774	2,822	2,579	1,648	2,336	1,329	1,504	614	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Investments
-5,445	2,177	106	1,165	2,969	-3,319	1,075	505	-126	962	944	730	1,042	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of Real Estate
0	0	0	0	22,272	10,181	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense
101,591	102,880	106,471	102,357	101,009	100,378	95,366	92,204	90,220	91,772	92,032	95,143	95,534	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Extinguishment of Debt
-	-	-28,010	-	-	-	0	-	-	-	0	14,354	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
-	-	143,212	205,822	-	-	153,676	162,986	220,766	-	149,658	165,328	117,578	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
588,444	-	-	-	134,837	-	-	-	-	-	-	169,672	117,711	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncontrolling Interest in Net Income (Loss) Limited Partnerships, Nonredeemable
19,486	16,338	18,470	17,482	18,830	16,425	14,850	14,400	17,234	13,865	14,340	15,203	4,424	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to the Company
568,958	161,513	124,742	188,340	116,007	176,459	138,826	148,586	203,532	120,292	135,318	154,469	113,287	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred dividends / distributions
2,625	2,625	2,625	2,625	2,625	2,625	2,625	2,625	2,625	2,625	2,625	2,625	2,625	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to the Company's common shareholders / unitholders
566,333	158,888	122,117	185,715	113,382	173,834	136,201	145,961	200,907	117,667	132,693	151,844	110,662	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Per Share After Allccation of Undistributed Earnings to Particiapting Securities Basic (dollars per share)
3.28	-	-	-	0.66	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Per Share, Basic
3.28	0.92	0.71	1.08	0.66	1.01	0.79	0.85	1.17	0.70	0.77	0.88	0.64	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted Average Number of Shares Outstanding, Basic
172,549	172,252	172,215	172,202	172,131	171,937	171,928	171,916	171,867	171,697	171,691	171,675	171,581	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted Earnings: Net income, Per Share Amount (in dollars per share / unit)
3.27	0.91	0.71	1.08	0.66	1.00	0.79	0.85	1.17	0.69	0.77	0.88	0.64	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted Average Number of Shares Outstanding, Diluted
172,796	172,575	172,458	172,521	172,450	172,243	172,166	172,072	172,187	171,861	171,819	171,829	171,935	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends / Distributions, Per Share / Unit, Declared
-	-	-	-	-	-	-	-	-	-	-	0.75	0.75	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Parking and Other [Member]
Other revenue
24,504	26,727	25,582	26,319	24,906	27,831	26,552	26,904	26,134	26,836	26,092	26,462	25,610	25,334	24,638	26,113	24,825	25,132	25,509	26,552	24,788	25,724	26,236	26,300	24,333	25,174	25,000	23,547	23,437	20,945	22,647	23,356	22,259	18,655	21,679	21,098	19,064	16,894	15,850	16,423	15,297	15,357	15,883	18,416	16,941	16,624	17,317
Hotel [Member]
Other revenue
6,825	11,793	13,014	14,844	8,938	11,745	13,664	14,607	9,102	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of Goods and Services Sold
6,821	8,318	8,743	9,080	7,863	8,221	8,828	8,741	8,073	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real Estate, Other [Member]
Other revenue
3,237	2,159	2,429	2,403	3,395	-	2,516	1,970	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Management Service [Member]
Other revenue
7,879	10,473	10,303	9,986	9,277	17,715	15,253	9,305	2,885	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenue from Contract with Customer, Including Assessed Tax
7,879	10,473	10,303	9,986	9,277	17,715	15,253	9,305	2,885	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of Goods and Services Sold
3,237	2,159	2,429	2,403	3,395	2,219	2,516	1,970	2,885	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of Goods and Services Sold
3,237	2,159	2,429	2,403	3,395	2,219	2,516	1,970	2,885	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Direct reimbursements of payroll and related costs from management services contracts
Rental
-	-	261,592	253,849	-	-	244,265	234,877	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-