$BXP
BXP Inc Stock $bxp

$bxp Overview Financials Valuation SEC Filings Company Website

2016 Q2 Form 10-Q Financial Statement

#000165642316000020 Filed on August 04, 2016

Income Statement

Concept	2016 Q2	2015 Q2
Revenue	$623.5M	$618.2M
YoY Change	0.86%	4.82%
Cost Of Revenue	$225.9M	$223.0M
YoY Change	1.3%	6.19%
Gross Profit	$397.6M	$395.3M
YoY Change	0.58%	4.08%
Gross Profit Margin	63.76%	63.94%
Selling, General & Admin	$25.40M	$22.30M
YoY Change	13.9%	-4.29%
% of Gross Profit	6.39%	5.64%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$153.2M	$167.9M
YoY Change	-8.76%	8.6%
% of Gross Profit	38.53%	42.47%
Operating Expenses	$178.6M	$190.1M
YoY Change	-6.05%	6.92%
Operating Profit	$218.1M	$204.9M
YoY Change	6.44%	1.81%
Interest Expense	$105.0M	$108.5M
YoY Change	-3.25%	-2.2%
% of Operating Profit	48.14%	52.96%
Other Income/Expense, Net
YoY Change
Pretax Income	$117.4M	$100.7M
YoY Change	16.58%	5.01%
Income Tax
% Of Pretax Income
Net Earnings	$96.60M	$79.46M
YoY Change	21.57%	3.83%
Net Earnings / Revenue	15.49%	12.85%
Basic Earnings Per Share	$0.63	$0.52
Diluted Earnings Per Share	$0.63	$0.52
COMMON SHARES
Basic Shares Outstanding	153.7M shares	153.5M shares
Diluted Shares Outstanding	153.9M shares	153.8M shares

Balance Sheet

Concept	2016 Q2	2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.202B	$1.364B
YoY Change	-11.87%	29.2%
Cash & Equivalents	$1.180B	$1.343B
Short-Term Investments	$21.78M	$20.95M
Other Short-Term Assets	$144.0M	$118.0M
YoY Change	22.03%	-11.28%
Inventory
Prepaid Expenses
Receivables	$85.00M	$55.00M
Other Receivables	$777.0M	$731.0M
Total Short-Term Assets	$2.186B	$2.247B
YoY Change	-2.71%	18.58%
LONG-TERM ASSETS
Property, Plant & Equipment	$15.74B	$15.61B
YoY Change	0.82%	-1.78%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$274.0M	$231.0M
YoY Change	18.61%	17.86%
Other Assets	$763.0M	$1.024B
YoY Change	-25.49%	12.16%
Total Long-Term Assets	$16.78B	$16.87B
YoY Change	-0.53%	-0.8%
TOTAL ASSETS
Total Short-Term Assets	$2.186B	$2.247B
Total Long-Term Assets	$16.78B	$16.87B
Total Assets	$18.96B	$19.11B
YoY Change	-0.78%	1.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$287.0M	$232.0M
YoY Change	23.71%	7.41%
Accrued Expenses	$222.0M	$179.0M
YoY Change	24.02%	14.74%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$622.0M	$524.0M
YoY Change	18.7%	8.26%
LONG-TERM LIABILITIES
Long-Term Debt	$9.934B	$10.05B
YoY Change	-1.12%	-6.44%
Other Long-Term Liabilities	$509.0M	$448.0M
YoY Change	13.62%	-17.04%
Total Long-Term Liabilities	$10.44B	$10.50B
YoY Change	-0.5%	-6.95%
TOTAL LIABILITIES
Total Short-Term Liabilities	$622.0M	$524.0M
Total Long-Term Liabilities	$10.44B	$10.50B
Total Liabilities	$11.07B	$11.02B
YoY Change	0.42%	-6.32%
SHAREHOLDERS EQUITY
Retained Earnings	-$702.4M	-$711.2M
YoY Change	-1.25%	301.99%
Common Stock	$1.537M	$1.535M
YoY Change	0.13%	0.26%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$2.722M	$2.722M
YoY Change	0.0%	0.0%
Treasury Stock Shares	78.90K shares	78.90K shares
Shareholders Equity	$5.733B	$5.783B
YoY Change
Total Liabilities & Shareholders Equity	$18.96B	$19.11B
YoY Change	-0.78%	1.14%

Cashflow Statement

Concept	2016 Q2	2015 Q2
OPERATING ACTIVITIES
Net Income	$96.60M	$79.46M
YoY Change	21.57%	3.83%
Depreciation, Depletion And Amortization	$153.2M	$167.9M
YoY Change	-8.76%	8.6%
Cash From Operating Activities	$235.2M	$241.7M
YoY Change	-2.69%	30.79%
INVESTING ACTIVITIES
Capital Expenditures	-$282.2M	-$147.6M
YoY Change	91.19%	-2.7%
Acquisitions
YoY Change
Other Investing Activities	-$34.10M	$324.1M
YoY Change	-110.52%	-779.45%
Cash From Investing Activities	-$316.2M	$176.5M
YoY Change	-279.15%	-188.47%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-344.5M	-139.7M
YoY Change	146.6%	8.89%
NET CHANGE
Cash From Operating Activities	235.2M	241.7M
Cash From Investing Activities	-316.2M	176.5M
Cash From Financing Activities	-344.5M	-139.7M
Net Change In Cash	-425.5M	278.5M
YoY Change	-252.78%	-294.76%
FREE CASH FLOW
Cash From Operating Activities	$235.2M	$241.7M
Capital Expenditures	-$282.2M	-$147.6M
Free Cash Flow	$517.4M	$389.3M
YoY Change	32.91%	15.69%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	bxp	Dilutive Securities Per Share Amount DilutiveSecuritiesPerShareAmount	0.00
	bxp	Additions To Real Estate Included In Accounts Payable And Accrued Expenses AdditionsToRealEstateIncludedInAccountsPayableAndAccruedExpenses	17604000	USD
	bxp	Additions To Real Estate Included In Accounts Payable And Accrued Expenses AdditionsToRealEstateIncludedInAccountsPayableAndAccruedExpenses	-14471000	USD
	bxp	Adjustment To Reflect Redeemable Interest At Redemption Value AdjustmentToReflectRedeemableInterestAtRedemptionValue	4465000	USD
	bxp	Allocationofundistributedearningstoparticipatingsecurities Allocationofundistributedearningstoparticipatingsecurities	-141000	USD
	bxp	Allocationofundistributedearningstoparticipatingsecurities Allocationofundistributedearningstoparticipatingsecurities	-241000	USD
	bxp	Allocationofundistributedearningstoparticipatingsecuritiesinshares Allocationofundistributedearningstoparticipatingsecuritiesinshares	0	shares
	bxp	Allocationofundistributedearningstoparticipatingsecuritiesinshares Allocationofundistributedearningstoparticipatingsecuritiesinshares	0	shares
	bxp	Allocationofundistributedearningstoparticipatingsecuritiespershares Allocationofundistributedearningstoparticipatingsecuritiespershares	0
	bxp	Allocationofundistributedearningstoparticipatingsecuritiespershares Allocationofundistributedearningstoparticipatingsecuritiespershares	0
	bxp	Amount Of Earthquake Insurance Provided By Ixp Llc As Direct Insurer San Francisco AmountOfEarthquakeInsuranceProvidedByIxpLlcAsDirectInsurerSanFrancisco	20000000	USD
	bxp	Annual Aggregate Limit Of Earth Quake Insurance San Francisco AnnualAggregateLimitOfEarthQuakeInsuranceSanFrancisco	170000000	USD
CY2016Q2	bxp	Area Of Undeveloped Land AreaOfUndevelopedLand	471.6	acre
	bxp	Cashplacedinescrowforlandsalecontracts Cashplacedinescrowforlandsalecontracts	7111000	USD
	bxp	Cashplacedinescrowforlandsalecontracts Cashplacedinescrowforlandsalecontracts	0	USD
	bxp	Cashreleasedfromecrowforlandsalecontracts Cashreleasedfromecrowforlandsalecontracts	758000	USD
	bxp	Cashreleasedfromecrowforlandsalecontracts Cashreleasedfromecrowforlandsalecontracts	781000	USD
CY2016Q2	bxp	Common Stock Conversion Rate CommonStockConversionRate	1	shares
CY2016Q2	bxp	Conversionof Ltip Unitsto Op Unitsinunits ConversionofLTIPUnitstoOPUnitsinunits	625043	shares
	bxp	Conversions Of Noncontrolling Interests To Stockholders Equity ConversionsOfNoncontrollingInterestsToStockholdersEquity	10843000	USD
	bxp	Conversions Of Noncontrolling Interests To Stockholders Equity ConversionsOfNoncontrollingInterestsToStockholdersEquity	2664000	USD
CY2015Q2	bxp	Development And Management Services DevelopmentAndManagementServices	4862000	USD
	bxp	Development And Management Services DevelopmentAndManagementServices	10190000	USD
CY2016Q2	bxp	Development And Management Services DevelopmentAndManagementServices	5533000	USD
	bxp	Development And Management Services DevelopmentAndManagementServices	12222000	USD
CY2015Q2	bxp	Dilutive Securities Per Share Amount DilutiveSecuritiesPerShareAmount	0.00
	bxp	Dilutive Securities Per Share Amount DilutiveSecuritiesPerShareAmount	0.00
CY2016Q2	bxp	Dilutive Securities Per Share Amount DilutiveSecuritiesPerShareAmount	0.00
CY2016Q2	bxp	Distributions Declared To Myltip Units Per Unit DistributionsDeclaredToMYLTIPUnitsPerUnit	0.065
CY2016Q2	bxp	Distributions Declared To Op And Ltip Units Per Unit DistributionsDeclaredToOpAndLtipUnitsPerUnit	0.65
	bxp	Distributions On Redeemable Property Partnership DistributionsOnRedeemablePropertyPartnership	2900000	USD
	bxp	Earnings Per Share After Allccationof Undistributed Earningsto Particiapting Securities Basicdollarspershare EarningsPerShareAfterAllccationofUndistributedEarningstoParticiaptingSecuritiesBasicdollarspershare	1.63
	bxp	Earnings Per Share After Allccationof Undistributed Earningsto Particiapting Securities Basicdollarspershare EarningsPerShareAfterAllccationofUndistributedEarningstoParticiaptingSecuritiesBasicdollarspershare	1.81
	bxp	Earthquake Coverage Included In Builders Risk Policy For Improvementsfor Salesforce Tower EarthquakeCoverageIncludedInBuildersRiskPolicyForImprovementsforSalesforceTower	60000000	USD
	bxp	Earthquake Deductible Insurance Percentage Of Value Of Affected Property San Francisco EarthquakeDeductibleInsurancePercentageOfValueOfAffectedPropertySanFrancisco	0.03
	bxp	Equity Profit Loss EquityProfitLoss	305462000	USD
	bxp	Equity Profit Loss EquityProfitLoss	333579000	USD
CY2015Q4	bxp	Excess Stock Par Or Stated Value Per Share ExcessStockParOrStatedValuePerShare	0.01
CY2016Q2	bxp	Excess Stock Par Or Stated Value Per Share ExcessStockParOrStatedValuePerShare	0.01
CY2015Q4	bxp	Excess Stock Value ExcessStockValue	0	USD
CY2016Q2	bxp	Excess Stock Value ExcessStockValue	0	USD
CY2016Q2	bxp	Insurance Policy Limit InsurancePolicyLimit	1000000000	USD
	bxp	Issuance Of Restricted Securities To Employees And Directors IssuanceOfRestrictedSecuritiesToEmployeesAndDirectors	43363000	USD
	bxp	Issuance Of Restricted Securities To Employees And Directors IssuanceOfRestrictedSecuritiesToEmployeesAndDirectors	33711000	USD
CY2016Q2	bxp	Letter Of Credit And Performance Obligation LetterOfCreditAndPerformanceObligation	22600000	USD
	bxp	Minority Interest Decrease From Distributions To Noncontrolling Interest Holdersto Property Partnerships MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolderstoPropertyPartnerships	34022000	USD
	bxp	Minority Interest Decrease From Distributions To Noncontrolling Interest Holdersto Property Partnerships MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolderstoPropertyPartnerships	25914000	USD
	bxp	Net Activity From Stock Option And Incentive Plan Value NetActivityFromStockOptionAndIncentivePlanValue	27562000	USD
	bxp	Net Activity From Stock Option And Incentive Plan Value NetActivityFromStockOptionAndIncentivePlanValue	16649000	USD
	bxp	Net Income Loss Available To Common Stockholders After Allocationof Undistributed Earningsto Participating Securities Basic NetIncomeLossAvailableToCommonStockholdersAfterAllocationofUndistributedEarningstoParticipatingSecuritiesBasic	250553000	USD
	bxp	Net Income Loss Available To Common Stockholders After Allocationof Undistributed Earningsto Participating Securities Basic NetIncomeLossAvailableToCommonStockholdersAfterAllocationofUndistributedEarningstoParticipatingSecuritiesBasic	278082000	USD
	bxp	Net Loss For Redeemable Interest In Property Partnership NetLossForRedeemableInterestInPropertyPartnership	-24000	USD
CY2016Q2	bxp	Number Of Series Of Preferred Units Outstanding NumberOfSeriesOfPreferredUnitsOutstanding	1	series
CY2016Q2	bxp	Op Unit Conversion Rate OpUnitConversionRate	1	shares
CY2015Q2	bxp	Operating Income Loss From Reportable Segments OperatingIncomeLossFromReportableSegments	390400000	USD
	bxp	Operating Income Loss From Reportable Segments OperatingIncomeLossFromReportableSegments	774622000	USD
CY2016Q2	bxp	Operating Income Loss From Reportable Segments OperatingIncomeLossFromReportableSegments	392097000	USD
	bxp	Operating Income Loss From Reportable Segments OperatingIncomeLossFromReportableSegments	824587000	USD
	bxp	Paymentsforredemptionofpreferredunits Paymentsforredemptionofpreferredunits	-633000	USD
	bxp	Paymentsforredemptionofpreferredunits Paymentsforredemptionofpreferredunits	0	USD
	bxp	Paymentsonrealestatetransaction Paymentsonrealestatetransaction	1523000	USD
	bxp	Paymentsonrealestatetransaction Paymentsonrealestatetransaction	4290000	USD
	bxp	Per Occurrence Limit For Nbcr Coverage PerOccurrenceLimitForNbcrCoverage	1000000000	USD
	bxp	Per Occurrence Limit Of Earth Quake Insurance San Francisco PerOccurrenceLimitOfEarthQuakeInsuranceSanFrancisco	170000000	USD
CY2015Q2	bxp	Percentage Of Total Net Operating Income PercentageOfTotalNetOperatingIncome	1.0000
	bxp	Percentage Of Total Net Operating Income PercentageOfTotalNetOperatingIncome	1.0000
CY2016Q2	bxp	Percentage Of Total Net Operating Income PercentageOfTotalNetOperatingIncome	1.0000
	bxp	Percentage Of Total Net Operating Income PercentageOfTotalNetOperatingIncome	1.0000
CY2015Q2	bxp	Percentage Of Total Rental Expenses PercentageOfTotalRentalExpenses	1.0000
	bxp	Percentage Of Total Rental Expenses PercentageOfTotalRentalExpenses	1.0000
CY2016Q2	bxp	Percentage Of Total Rental Expenses PercentageOfTotalRentalExpenses	1.0000
	bxp	Percentage Of Total Rental Expenses PercentageOfTotalRentalExpenses	1.0000
CY2015Q2	bxp	Percentage Of Total Revenue PercentageOfTotalRevenue	1.0000
	bxp	Percentage Of Total Revenue PercentageOfTotalRevenue	1.0000
CY2016Q2	bxp	Percentage Of Total Revenue PercentageOfTotalRevenue	1.0000
	bxp	Percentage Of Total Revenue PercentageOfTotalRevenue	1.0000
	bxp	Proceedsfromrealestatetransaction Proceedsfromrealestatetransaction	6000000	USD
	bxp	Proceedsfromrealestatetransaction Proceedsfromrealestatetransaction	0	USD
	bxp	Program Trigger Coinsurance ProgramTriggerCoinsurance	0.16
CY2016Q2	bxp	Program Trigger Value ProgramTriggerValue	120000000	USD
CY2015Q2	bxp	Rental Expenses Class Office RentalExpensesClassOffice	212933000	USD
	bxp	Rental Expenses Class Office RentalExpensesClassOffice	430737000	USD
CY2016Q2	bxp	Rental Expenses Class Office RentalExpensesClassOffice	216332000	USD
	dei	Entity Central Index Key EntityCentralIndexKey	0001037540
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	bxp	Rental Expenses Class Office RentalExpensesClassOffice	433904000	USD
	bxp	Rental Expenses Operating Expenses Total RentalExpensesOperatingExpensesTotal	452722000	USD
CY2015Q2	bxp	Rental Expenses Residential RentalExpensesResidential	1531000	USD
CY2015Q2	bxp	Rental Expenses Operating Expenses Total RentalExpensesOperatingExpensesTotal	222959000	USD
	bxp	Rental Expenses Operating Expenses Total RentalExpensesOperatingExpensesTotal	451885000	USD
CY2016Q2	bxp	Rental Expenses Operating Expenses Total RentalExpensesOperatingExpensesTotal	225916000	USD
	bxp	Rental Expenses Residential RentalExpensesResidential	5077000	USD
CY2016Q2	bxp	Rental Expenses Residential RentalExpensesResidential	1606000	USD
	bxp	Rental Expenses Residential RentalExpensesResidential	3206000	USD
CY2015Q2	bxp	Rental Revenue Class Office RentalRevenueClassOffice	596145000	USD
	bxp	Rental Revenue Class Office RentalRevenueClassOffice	1193354000	USD
CY2016Q2	bxp	Rental Revenue Class Office RentalRevenueClassOffice	601117000	USD
	bxp	Rental Revenue Class Office RentalRevenueClassOffice	1247607000	USD
CY2015Q2	bxp	Rental Revenue Residential RentalRevenueResidential	3811000	USD
	bxp	Rental Revenue Residential RentalRevenueResidential	10665000	USD
CY2016Q2	bxp	Rental Revenue Residential RentalRevenueResidential	4088000	USD
	bxp	Rental Revenue Residential RentalRevenueResidential	8137000	USD
CY2015Q2	bxp	Rental Revenue Total RentalRevenueTotal	613359000	USD
	bxp	Rental Revenue Total RentalRevenueTotal	1226507000	USD
CY2016Q2	bxp	Rental Revenue Total RentalRevenueTotal	618013000	USD
	bxp	Rental Revenue Total RentalRevenueTotal	1277309000	USD
CY2016Q2	bxp	Restriction On Redemption Of Op Units From Date Of Issuance In Years RestrictionOnRedemptionOfOpUnitsFromDateOfIssuanceInYears	1	Y
	bxp	Saleofaninterestinpropertypartnerships Saleofaninterestinpropertypartnerships	0	USD
CY2016Q1	bxp	Specialdividenddistributionpersharecommonunitamount Specialdividenddistributionpersharecommonunitamount	1.25
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	bxp	Stock Based Compensation And Exchangeable Senior Notes Shares StockBasedCompensationAndExchangeableSeniorNotesShares	504000	shares
CY2016Q2	bxp	Stock Based Compensation And Exchangeable Senior Notes Shares StockBasedCompensationAndExchangeableSeniorNotesShares	198000	shares
	bxp	Stock Based Compensation And Exchangeable Senior Notes Shares StockBasedCompensationAndExchangeableSeniorNotesShares	245000	shares
CY2014Q4	bxp	Temporary Equity Carrying Amount Redeemable Interest In Property Partnerships TemporaryEquityCarryingAmountRedeemableInterestInPropertyPartnerships	104692000	USD
CY2015Q2	bxp	Temporary Equity Carrying Amount Redeemable Interest In Property Partnerships TemporaryEquityCarryingAmountRedeemableInterestInPropertyPartnerships	106233000	USD
	bxp	Tenant Leasing Costs TenantLeasingCosts	-43004000	USD
	bxp	Tenant Leasing Costs TenantLeasingCosts	-40655000	USD
CY2015Q2	bxp	Transaction Costs Expensed TransactionCostsExpensed	208000	USD
	bxp	Transaction Costs Expensed TransactionCostsExpensed	535000	USD
CY2016Q2	bxp	Transaction Costs Expensed TransactionCostsExpensed	913000	USD
	bxp	Transaction Costs Expensed TransactionCostsExpensed	938000	USD
	bxp	Weighted Average Number Of Shares Outstanding After Allocationof Undistributed Earningsto Participating Securities Basicinshares WeightedAverageNumberOfSharesOutstandingAfterAllocationofUndistributedEarningstoParticipatingSecuritiesBasicinshares	153341000	shares
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	bxp	Writeoffoffullydepreciatedrealestate Writeoffoffullydepreciatedrealestate	17871000	USD
	bxp	Writeoffoffullydepreciatedrealestate Writeoffoffullydepreciatedrealestate	52708000	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
	dei	Document Period End Date DocumentPeriodEndDate	2016-06-30
	dei	Document Type DocumentType	10-Q
	us-gaap	Dilutive Securities DilutiveSecurities	0	USD
	us-gaap	Dilutive Securities DilutiveSecurities	0	USD
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	BOSTON PROPERTIES INC
CY2015Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	274709000	USD
CY2016Q2	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	287464000	USD
CY2015Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	97865000	USD
CY2016Q2	us-gaap	Accounts Receivable Net AccountsReceivableNet	84861000	USD
CY2014Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-9304000	USD
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CY2015Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	6305687000	USD
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	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	133167000	USD
	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	250572000	USD
CY2015Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	5100000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	15200000	USD
CY2016Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	7100000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	16500000	USD
CY2015Q4	us-gaap	Assets Assets	18351486000	USD
CY2016Q2	us-gaap	Assets Assets	18963965000	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1763079000	USD
CY2015Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1342751000	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	723718000	USD
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	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-420328000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	456326000	USD
CY2015Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	USD
CY2016Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	USD
CY2016Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	1.90
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CY2015Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.65
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.30
CY2016Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.65
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.30
CY2015Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2016Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2015Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	250000000	shares
CY2016Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	250000000	shares
CY2015Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	153658866	shares
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CY2015Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	153579966	shares
CY2016Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	153674930	shares
CY2015Q4	us-gaap	Common Stock Value CommonStockValue	1536000	USD
CY2016Q2	us-gaap	Common Stock Value CommonStockValue	1537000	USD
CY2015Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	95833000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	267053000	USD
CY2016Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	76144000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	217896000	USD
CY2015Q2	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	18661000	USD
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	54008000	USD
CY2016Q2	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	18171000	USD
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	50049000	USD
CY2015Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	117006000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	323270000	USD
CY2016Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	85634000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	243837000	USD
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	us-gaap	Construction And Development Costs ConstructionAndDevelopmentCosts	-242944000	USD
CY2015Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross	763935000	USD
CY2016Q2	us-gaap	Construction In Progress Gross ConstructionInProgressGross	865359000	USD
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CY2015Q2	us-gaap	Costs And Expenses CostsAndExpenses	413295000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	825562000	USD
CY2016Q2	us-gaap	Costs And Expenses CostsAndExpenses	405422000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	821054000	USD
	us-gaap	Decrease In Restricted Cash DecreaseInRestrictedCash	441903000	USD
	us-gaap	Decrease In Restricted Cash DecreaseInRestrictedCash	104696000	USD
CY2015Q4	us-gaap	Deferred Costs DeferredCosts	704867000	USD
CY2016Q2	us-gaap	Deferred Costs DeferredCosts	697823000	USD
CY2015Q4	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	754883000	USD
CY2016Q2	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	776816000	USD
CY2015Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	167844000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	322067000	USD
CY2016Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	153175000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	312623000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	322067000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	312623000	USD
CY2015Q2	us-gaap	Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet	-628000	USD
	us-gaap	Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet	-1255000	USD
CY2016Q2	us-gaap	Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet	-628000	USD
	us-gaap	Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet	-1255000	USD
CY2015Q2	us-gaap	Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet	0	USD
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CY2016Q2	us-gaap	Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet	0	USD
	us-gaap	Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet	0	USD
CY2015Q2	us-gaap	Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet	15639000	USD
	us-gaap	Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet	12106000	USD
CY2016Q2	us-gaap	Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet	-32351000	USD
	us-gaap	Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet	-90997000	USD
CY2015Q2	us-gaap	Dilutive Securities DilutiveSecurities	0	USD
CY2016Q2	us-gaap	Dilutive Securities DilutiveSecurities	0	USD
CY2015Q2	us-gaap	Direct Costs Of Hotels DirectCostsOfHotels	8495000	USD
	us-gaap	Direct Costs Of Hotels DirectCostsOfHotels	16071000	USD
CY2016Q2	us-gaap	Direct Costs Of Hotels DirectCostsOfHotels	7978000	USD
	us-gaap	Direct Costs Of Hotels DirectCostsOfHotels	15612000	USD
CY2015Q2	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	214464000	USD
	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	435814000	USD
CY2016Q2	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	217938000	USD
	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	437110000	USD
	us-gaap	Dividends Dividends	228254000	USD
	us-gaap	Dividends Dividends	228652000	USD
CY2016Q2	us-gaap	Dividends Payable Amount Per Share DividendsPayableAmountPerShare	0.65
CY2015Q2	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	112892000	USD
CY2015Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	327320000	USD
CY2016Q2	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	113071000	USD
CY2015Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.52
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.63
CY2016Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.63
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.81
CY2015Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.52
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.63
CY2016Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.63
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.81
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	5769000	USD
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	11399000	USD
CY2015Q4	us-gaap	Excess Stock Shares Authorized ExcessStockSharesAuthorized	150000000	shares
CY2016Q2	us-gaap	Excess Stock Shares Authorized ExcessStockSharesAuthorized	150000000	shares
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CY2016Q2	us-gaap	Excess Stock Shares Issued ExcessStockSharesIssued	0	shares
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CY2016Q2	us-gaap	Excess Stock Shares Outstanding ExcessStockSharesOutstanding	0	shares
CY2015Q2	us-gaap	Gain Loss On Investments GainLossOnInvestments	-24000	USD
	us-gaap	Gain Loss On Investments GainLossOnInvestments	369000	USD
CY2016Q2	us-gaap	Gain Loss On Investments GainLossOnInvestments	478000	USD
	us-gaap	Gain Loss On Investments GainLossOnInvestments	737000	USD
	us-gaap	Gain Loss On Sale Of Investments GainLossOnSaleOfInvestments	369000	USD
	us-gaap	Gain Loss On Sale Of Investments GainLossOnSaleOfInvestments	737000	USD
	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	95084000	USD
	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	67623000	USD
CY2015Q2	us-gaap	Gain Loss On Sale Of Properties Before Applicable Income Taxes GainLossOnSaleOfPropertiesBeforeApplicableIncomeTaxes	0	USD
	us-gaap	Gain Loss On Sale Of Properties Before Applicable Income Taxes GainLossOnSaleOfPropertiesBeforeApplicableIncomeTaxes	95084000	USD
CY2016Q2	us-gaap	Gain Loss On Sale Of Properties Before Applicable Income Taxes GainLossOnSaleOfPropertiesBeforeApplicableIncomeTaxes	0	USD
	us-gaap	Gain Loss On Sale Of Properties Before Applicable Income Taxes GainLossOnSaleOfPropertiesBeforeApplicableIncomeTaxes	67623000	USD
CY2015Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	22284000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	51075000	USD
CY2016Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	25418000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	54771000	USD
CY2016Q2	us-gaap	General Partners Capital Account Units Outstanding GeneralPartnersCapitalAccountUnitsOutstanding	1717722	shares
CY2015Q2	us-gaap	Income Loss Before Gain Or Loss On Sale Of Properties Extraordinary Items And Cumulative Effects Of Accounting Changes IncomeLossBeforeGainOrLossOnSaleOfPropertiesExtraordinaryItemsAndCumulativeEffectsOfAccountingChanges	100739000	USD
	us-gaap	Income Loss Before Gain Or Loss On Sale Of Properties Extraordinary Items And Cumulative Effects Of Accounting Changes IncomeLossBeforeGainOrLossOnSaleOfPropertiesExtraordinaryItemsAndCumulativeEffectsOfAccountingChanges	214825000	USD
CY2016Q2	us-gaap	Income Loss Before Gain Or Loss On Sale Of Properties Extraordinary Items And Cumulative Effects Of Accounting Changes IncomeLossBeforeGainOrLossOnSaleOfPropertiesExtraordinaryItemsAndCumulativeEffectsOfAccountingChanges	117357000	USD
	us-gaap	Income Loss Before Gain Or Loss On Sale Of Properties Extraordinary Items And Cumulative Effects Of Accounting Changes IncomeLossBeforeGainOrLossOnSaleOfPropertiesExtraordinaryItemsAndCumulativeEffectsOfAccountingChanges	265956000	USD
CY2015Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	3078000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	17912000	USD
CY2016Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	2234000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	4025000	USD
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	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	9236000	USD
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	us-gaap	Interest And Other Income InterestAndOtherIncome	2700000	USD
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CY2016Q2	us-gaap	Interest Expense InterestExpense	105003000	USD
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	us-gaap	Interest Paid InterestPaid	217021000	USD
CY2015Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	190386000	USD
CY2016Q2	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	222175000	USD
CY2015Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	235224000	USD
CY2016Q2	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	252618000	USD
CY2015Q4	us-gaap	Land Available For Development LandAvailableForDevelopment	252195000	USD
CY2016Q2	us-gaap	Land Available For Development LandAvailableForDevelopment	241106000	USD
CY2015Q4	us-gaap	Liabilities Liabilities	10464559000	USD
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CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	18351486000	USD
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	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	658000	USD
CY2016Q2	us-gaap	Limited Partners Capital Account Units Outstanding LimitedPartnersCapitalAccountUnitsOutstanding	151957208	shares
CY2015Q4	us-gaap	Line Of Credit LineOfCredit	0	USD
CY2016Q2	us-gaap	Line Of Credit LineOfCredit	0	USD
CY2015Q4	us-gaap	Marketable Securities MarketableSecurities	20380000	USD
CY2016Q2	us-gaap	Marketable Securities MarketableSecurities	21775000	USD
CY2015Q4	us-gaap	Minority Interest In Limited Partnerships MinorityInterestInLimitedPartnerships	1574400000	USD
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CY2015Q4	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	603092000	USD
CY2016Q2	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	612385000	USD
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CY2015Q2	us-gaap	Net Income Loss NetIncomeLoss	82078000	USD
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CY2016Q2	us-gaap	Net Income Loss NetIncomeLoss	99186000	USD
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CY2015Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	79460000	USD
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CY2016Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	96597000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	278323000	USD
CY2015Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	79460000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	250553000	USD
CY2016Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	96597000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	278082000	USD
CY2015Q2	us-gaap	Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable	9264000	USD
	us-gaap	Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable	24472000	USD
CY2016Q2	us-gaap	Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable	6814000	USD
	us-gaap	Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable	17278000	USD
CY2015Q2	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	9394000	USD
	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	29530000	USD
CY2016Q2	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	11357000	USD
	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	32771000	USD
CY2015Q2	us-gaap	Noncontrolling Interest In Net Income Loss Preferred Unit Holders Redeemable NoncontrollingInterestInNetIncomeLossPreferredUnitHoldersRedeemable	3000	USD
	us-gaap	Noncontrolling Interest In Net Income Loss Preferred Unit Holders Redeemable NoncontrollingInterestInNetIncomeLossPreferredUnitHoldersRedeemable	6000	USD
CY2016Q2	us-gaap	Noncontrolling Interest In Net Income Loss Preferred Unit Holders Redeemable NoncontrollingInterestInNetIncomeLossPreferredUnitHoldersRedeemable	0	USD
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	us-gaap	Noncontrolling Interest Increase From Subsidiary Equity Issuance NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance	0	USD
CY2015Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	204926000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	411135000	USD
CY2016Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	218124000	USD
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CY2015Q2	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	486609000	USD
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CY2016Q2	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	493386000	USD
	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	1029514000	USD
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CY2015Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	16267000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	13361000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-31723000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-89742000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	2512000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	2209000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	-8681000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	-24108000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-628000	USD
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-1255000	USD
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	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-1255000	USD
	us-gaap	Other Comprehensive Income Other Net Of Tax OtherComprehensiveIncomeOtherNetOfTax	1255000	USD
	us-gaap	Other Comprehensive Income Other Net Of Tax OtherComprehensiveIncomeOtherNetOfTax	1255000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	15639000	USD
	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	12106000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-32351000	USD
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CY2015Q4	us-gaap	Other Liabilities OtherLiabilities	483601000	USD
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CY2015Q4	us-gaap	Other Notes Payable OtherNotesPayable	180000000	USD
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	us-gaap	Paid In Kind Interest PaidInKindInterest	-21852000	USD
	us-gaap	Paid In Kind Interest PaidInKindInterest	-19330000	USD
CY2015Q2	us-gaap	Parking Revenue ParkingRevenue	26552000	USD
	us-gaap	Parking Revenue ParkingRevenue	51340000	USD
CY2016Q2	us-gaap	Parking Revenue ParkingRevenue	26113000	USD
	us-gaap	Parking Revenue ParkingRevenue	50938000	USD
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	us-gaap	Payments For Tenant Improvements PaymentsForTenantImprovements	51444000	USD
	us-gaap	Payments For Tenant Improvements PaymentsForTenantImprovements	116935000	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	997840000	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	442901000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	163000	USD
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	us-gaap	Payments To Acquire And Develop Real Estate PaymentsToAcquireAndDevelopRealEstate	0	USD
	us-gaap	Payments To Acquire And Develop Real Estate PaymentsToAcquireAndDevelopRealEstate	78000000	USD
	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	14989000	USD
	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	26040000	USD
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	36922000	USD
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	25914000	USD
CY2015Q2	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	2618000	USD
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	5207000	USD
CY2016Q2	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	2589000	USD
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	5207000	USD
CY2015Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2016Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2015Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2016Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2015Q4	us-gaap	Preferred Stock Value PreferredStockValue	200000000	USD
CY2016Q2	us-gaap	Preferred Stock Value PreferredStockValue	200000000	USD
CY2015Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	185118000	USD
CY2016Q2	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	144222000	USD
	us-gaap	Proceeds From Issuance Of Unsecured Debt ProceedsFromIssuanceOfUnsecuredDebt	0	USD
	us-gaap	Proceeds From Issuance Of Unsecured Debt ProceedsFromIssuanceOfUnsecuredDebt	997080000	USD
	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	332000	USD
	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	-666000	USD
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	1089000	USD
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	5040000	USD
	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	1089000	USD
	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	5040000	USD
	us-gaap	Proceeds From Sale Of Equity Method Investments ProceedsFromSaleOfEquityMethodInvestments	24527000	USD
	us-gaap	Proceeds From Sale Of Equity Method Investments ProceedsFromSaleOfEquityMethodInvestments	0	USD
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	194821000	USD
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	104816000	USD
CY2015Q2	us-gaap	Profit Loss ProfitLoss	100739000	USD
	us-gaap	Profit Loss ProfitLoss	309909000	USD
CY2016Q2	us-gaap	Profit Loss ProfitLoss	117357000	USD
	us-gaap	Profit Loss ProfitLoss	333579000	USD
CY2015Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	3925894000	USD
CY2016Q2	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	4056716000	USD
CY2015Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	18465405000	USD
CY2016Q2	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	18690403000	USD
CY2015Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	15555641000	USD
CY2016Q2	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	15740152000	USD
CY2015Q2	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	599956000	USD
	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	1204019000	USD
CY2016Q2	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	605205000	USD
	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	1255744000	USD
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	12909000	USD
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	222535000	USD
CY2015Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	73790000	USD
CY2016Q2	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	65654000	USD
CY2015Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-780952000	USD
CY2016Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-702361000	USD
CY2015Q2	us-gaap	Revenue From Leased And Owned Hotels RevenueFromLeasedAndOwnedHotels	13403000	USD
	us-gaap	Revenue From Leased And Owned Hotels RevenueFromLeasedAndOwnedHotels	22488000	USD
CY2016Q2	us-gaap	Revenue From Leased And Owned Hotels RevenueFromLeasedAndOwnedHotels	12808000	USD
	us-gaap	Revenue From Leased And Owned Hotels RevenueFromLeasedAndOwnedHotels	21565000	USD
CY2015Q2	us-gaap	Revenues Revenues	618221000	USD
	us-gaap	Revenues Revenues	1236697000	USD
CY2016Q2	us-gaap	Revenues Revenues	623546000	USD
	us-gaap	Revenues Revenues	1289531000	USD
CY2015Q4	us-gaap	Secured Debt SecuredDebt	3435242000	USD
CY2016Q2	us-gaap	Secured Debt SecuredDebt	3189013000	USD
CY2015Q4	us-gaap	Senior Notes SeniorNotes	5264819000	USD
CY2016Q2	us-gaap	Senior Notes SeniorNotes	6257274000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	16480000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	17647000	USD
	us-gaap	Stock Issued During Period Value Conversion Of Units StockIssuedDuringPeriodValueConversionOfUnits	0	USD
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	313000	USD
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	332000	USD
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	5709435000	USD
CY2016Q2	us-gaap	Stockholders Equity StockholdersEquity	5732897000	USD
CY2014Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	7902936000	USD
CY2015Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	7988447000	USD
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	7886927000	USD
CY2016Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	7898219000	USD
	us-gaap	Straight Line Rent StraightLineRent	40173000	USD
	us-gaap	Straight Line Rent StraightLineRent	5294000	USD
CY2015Q4	us-gaap	Subordinated Debt SubordinatedDebt	308482000	USD
CY2016Q2	us-gaap	Subordinated Debt SubordinatedDebt	307797000	USD
CY2015Q2	us-gaap	Tenant Reimbursements TenantReimbursements	86795000	USD
	us-gaap	Tenant Reimbursements TenantReimbursements	175388000	USD
CY2016Q2	us-gaap	Tenant Reimbursements TenantReimbursements	85706000	USD
	us-gaap	Tenant Reimbursements TenantReimbursements	175292000	USD
CY2015Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	78900	shares
CY2016Q2	us-gaap	Treasury Stock Shares TreasuryStockShares	78900	shares
CY2015Q4	us-gaap	Treasury Stock Value TreasuryStockValue	2722000	USD
CY2016Q2	us-gaap	Treasury Stock Value TreasuryStockValue	2722000	USD
CY2015Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	153815000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	153845000	shares
CY2016Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	153860000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	153889000	shares
CY2015Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	153450000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	153341000	shares
CY2016Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	153662000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	153644000	shares
	bxp	Schedule Of Statements Of Operations Of Unconsolidated Joint Ventures Text Bock ScheduleOfStatementsOfOperationsOfUnconsolidatedJointVenturesTextBock	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:17px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The combined summarized statements of operations of the Company’s unconsolidated joint ventures are as follows:</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="17" rowspan="1"></td></tr><tr><td style="width:41%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:4%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"> </font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three months ended June 30,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Six months ended June 30,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"> </font></div></td><td colspan="15" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(in thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total revenue (1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">38,368</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">39,152</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">76,037</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">78,684</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Expenses</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Operating</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,359</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,824</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33,026</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">32,099</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Depreciation and amortization</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,204</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,951</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,268</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,022</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total expenses</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25,563</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">24,775</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">51,294</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50,121</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Operating income</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,805</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,377</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">24,743</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">28,563</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other expense</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest expense</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,383</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,986</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,772</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,966</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,422</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,391</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,971</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,597</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Company’s share of net income </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,052</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,902</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,651</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,544</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2)</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basis differential</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">182</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">176</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">374</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">368</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income from unconsolidated joint ventures</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,234</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,078</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,025</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,912</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> _______________ </font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Includes straight-line rent adjustments of approximately </font><font style="font-family:inherit;font-size:10pt;">$3.6 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0.3 million</font><font style="font-family:inherit;font-size:10pt;"> for the three months ended </font><font style="font-family:inherit;font-size:10pt;">June 30, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2015</font><font style="font-family:inherit;font-size:10pt;">, respectively, and approximately </font><font style="font-family:inherit;font-size:10pt;">$5.8 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$2.0 million</font><font style="font-family:inherit;font-size:10pt;"> for the </font><font style="font-family:inherit;font-size:10pt;">six</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">June 30, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;">, respectively. </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the </font><font style="font-family:inherit;font-size:10pt;">six</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">June 30, 2015</font><font style="font-family:inherit;font-size:10pt;">, the Company received a distribution of approximately </font><font style="font-family:inherit;font-size:10pt;">$24.5 million</font><font style="font-family:inherit;font-size:10pt;">, which was generated from the excess loan proceeds from the refinancing of 901 New York Avenue’s mortgage loan to a new </font><font style="font-family:inherit;font-size:10pt;">10</font><font style="font-family:inherit;font-size:10pt;">-year mortgage loan totaling </font><font style="font-family:inherit;font-size:10pt;">$225.0 million</font><font style="font-family:inherit;font-size:10pt;">.  The Company’s allocation of income and distributions for the </font><font style="font-family:inherit;font-size:10pt;">six</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">June 30, 2015</font><font style="font-family:inherit;font-size:10pt;"> was not proportionate to its nominal ownership interest as a result of the achievement of specified investment return thresholds, as provided for in the joint venture agreement.</font></div></td></tr></table></div>

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BXP Inc Stock $bxp

2016 Q2 Form 10-Q Financial Statement

#000165642316000020 Filed on August 04, 2016

Income Statement

Balance Sheet

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Facts In Submission

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$BXP BXP Inc Stock $bxp

2016 Q2 Form 10-Q Financial Statement

#000165642316000020 Filed on August 04, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$BXP
BXP Inc Stock $bxp