$BXP
BXP Inc Stock $bxp

$bxp Overview Financials Valuation SEC Filings Company Website

2017 Q1 Form 10-Q Financial Statement

#000165642317000006 Filed on May 08, 2017

Income Statement

Concept	2017 Q1	2016 Q1
Revenue	$632.2M	$666.0M
YoY Change	-5.07%	7.68%
Cost Of Revenue	$235.4M	$226.8M
YoY Change	3.79%	-0.92%
Gross Profit	$396.9M	$439.2M
YoY Change	-9.63%	12.73%
Gross Profit Margin	62.78%	65.95%
Selling, General & Admin	$31.40M	$29.40M
YoY Change	6.8%	2.08%
% of Gross Profit	7.91%	6.69%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$159.2M	$159.4M
YoY Change	-0.15%	3.39%
% of Gross Profit	40.11%	36.3%
Operating Expenses	$190.6M	$188.8M
YoY Change	0.95%	3.11%
Operating Profit	$206.2M	$250.4M
YoY Change	-17.63%	21.41%
Interest Expense	$95.53M	$105.3M
YoY Change	-9.28%	-3.17%
% of Operating Profit	46.33%	42.06%
Other Income/Expense, Net
YoY Change
Pretax Income	$115.6M	$216.2M
YoY Change	-46.53%	3.35%
Income Tax
% Of Pretax Income
Net Earnings	$97.08M	$181.7M
YoY Change	-46.58%	6.17%
Net Earnings / Revenue	15.36%	27.29%
Basic Earnings Per Share	$0.63	$1.18
Diluted Earnings Per Share	$0.63	$1.18
COMMON SHARES
Basic Shares Outstanding	153.9M shares	153.6M shares
Diluted Shares Outstanding	154.2M shares	153.9M shares

Balance Sheet

Concept	2017 Q1	2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$328.8M	$1.627B
YoY Change	-79.79%	49.91%
Cash & Equivalents	$302.9M	$1.606B
Short-Term Investments	$25.82M	$21.08M
Other Short-Term Assets	$151.0M	$137.0M
YoY Change	10.22%	-17.47%
Inventory
Prepaid Expenses
Receivables	$73.00M	$74.00M
Other Receivables	$812.0M	$768.0M
Total Short-Term Assets	$1.339B	$2.585B
YoY Change	-48.2%	29.77%
LONG-TERM ASSETS
Property, Plant & Equipment	$16.09B	$15.57B
YoY Change	3.35%	-0.04%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$820.0M	$257.0M
YoY Change	219.07%	18.43%
Other Assets	$718.0M	$765.0M
YoY Change	-6.14%	-45.16%
Total Long-Term Assets	$17.63B	$16.59B
YoY Change	6.25%	-3.47%
TOTAL ASSETS
Total Short-Term Assets	$1.339B	$2.585B
Total Long-Term Assets	$17.63B	$16.59B
Total Assets	$18.97B	$19.18B
YoY Change	-1.09%	-0.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$314.0M	$253.0M
YoY Change	24.11%	12.95%
Accrued Expenses	$267.0M	$222.0M
YoY Change	20.27%	18.72%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$711.0M	$588.0M
YoY Change	20.92%	12.21%
LONG-TERM LIABILITIES
Long-Term Debt	$9.887B	$10.16B
YoY Change	-2.69%	0.92%
Other Long-Term Liabilities	$446.0M	$498.0M
YoY Change	-10.44%	2.89%
Total Long-Term Liabilities	$10.33B	$10.66B
YoY Change	-3.05%	1.01%
TOTAL LIABILITIES
Total Short-Term Liabilities	$711.0M	$588.0M
Total Long-Term Liabilities	$10.33B	$10.66B
Total Liabilities	$11.04B	$11.25B
YoY Change	-1.79%	1.55%
SHAREHOLDERS EQUITY
Retained Earnings	-$712.3M	-$699.0M
YoY Change	1.89%	1.17%
Common Stock	$1.538M	$1.536M
YoY Change	0.13%	0.13%
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	$5.776B	$5.750B
YoY Change
Total Liabilities & Shareholders Equity	$18.97B	$19.18B
YoY Change	-1.09%	-0.02%

Cashflow Statement

Concept	2017 Q1	2016 Q1
OPERATING ACTIVITIES
Net Income	$97.08M	$181.7M
YoY Change	-46.58%	6.17%
Depreciation, Depletion And Amortization	$159.2M	$159.4M
YoY Change	-0.15%	3.39%
Cash From Operating Activities	$239.9M	$349.0M
YoY Change	-31.27%	73.24%
INVESTING ACTIVITIES
Capital Expenditures	-$249.0M	-$204.0M
YoY Change	22.06%	91.73%
Acquisitions
YoY Change
Other Investing Activities	-$18.80M	$94.70M
YoY Change	-119.85%	-13.2%
Cash From Investing Activities	-$267.8M	-$109.4M
YoY Change	144.91%	-4113.1%
FINANCING ACTIVITIES
Cash Dividend Paid	$131.6M	$328.6M
YoY Change	-59.96%	-62.82%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$37.93M	$642.3M
YoY Change	-105.91%	-171.15%
NET CHANGE
Cash From Operating Activities	$239.9M	$349.0M
Cash From Investing Activities	-$267.8M	-$109.4M
Cash From Financing Activities	-$37.93M	$642.3M
Net Change In Cash	-$65.91M	$882.0M
YoY Change	-107.47%	-226.23%
FREE CASH FLOW
Cash From Operating Activities	$239.9M	$349.0M
Capital Expenditures	-$249.0M	-$204.0M
Free Cash Flow	$488.9M	$553.0M
YoY Change	-11.6%	79.63%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2016Q1	bxp	Additions To Real Estate Included In Accounts Payable And Accrued Expenses AdditionsToRealEstateIncludedInAccountsPayableAndAccruedExpenses	-24857000	USD
CY2017Q1	bxp	Additions To Real Estate Included In Accounts Payable And Accrued Expenses AdditionsToRealEstateIncludedInAccountsPayableAndAccruedExpenses	44708000	USD
CY2016Q1	bxp	Allocationofundistributedearningstoparticipatingsecurities Allocationofundistributedearningstoparticipatingsecurities	-247000	USD
CY2016Q1	bxp	Allocationofundistributedearningstoparticipatingsecuritiesinshares Allocationofundistributedearningstoparticipatingsecuritiesinshares	0	shares
CY2016Q1	bxp	Allocationofundistributedearningstoparticipatingsecuritiespershares Allocationofundistributedearningstoparticipatingsecuritiespershares	0
CY2017Q1	bxp	Amount Of Earthquake Insurance Provided By Ixpllc As Direct Insurer San Franciscoand Los Angeles AmountOfEarthquakeInsuranceProvidedByIXPLLCAsDirectInsurerSanFranciscoandLosAngeles	20000000	USD
CY2017Q1	bxp	Annual Aggregate Limit Of Earth Quake Insurance San Franciscoand Los Angeles AnnualAggregateLimitOfEarthQuakeInsuranceSanFranciscoandLosAngeles	170000000	USD
CY2017Q1	bxp	Annual Aggregate Limit Of Earth Quake Insurance San Franciscoand Los Angeles AnnualAggregateLimitOfEarthQuakeInsuranceSanFranciscoandLosAngeles	240000000	USD
CY2016Q1	bxp	Cashreleasedfromecrowforlandsalecontracts Cashreleasedfromecrowforlandsalecontracts	488000	USD
CY2017Q1	bxp	Cashreleasedfromecrowforlandsalecontracts Cashreleasedfromecrowforlandsalecontracts	0	USD
CY2017Q1	bxp	Common Stock Conversion Rate CommonStockConversionRate	1	shares
CY2016Q1	bxp	Conversions Of Noncontrolling Interests To Stockholders Equity ConversionsOfNoncontrollingInterestsToStockholdersEquity	446000	USD
CY2017Q1	bxp	Conversions Of Noncontrolling Interests To Stockholders Equity ConversionsOfNoncontrollingInterestsToStockholdersEquity	793000	USD
CY2016Q1	bxp	Development And Management Services DevelopmentAndManagementServices	6689000	USD
CY2017Q1	bxp	Development And Management Services DevelopmentAndManagementServices	6472000	USD
CY2016Q1	bxp	Dilutive Securities Per Share Amount DilutiveSecuritiesPerShareAmount	0.00
CY2017Q1	bxp	Dilutive Securities Per Share Amount DilutiveSecuritiesPerShareAmount	0.00
CY2016Q1	bxp	Earnings Per Share After Allccationof Undistributed Earningsto Particiapting Securities Basicdollarspershare EarningsPerShareAfterAllccationofUndistributedEarningstoParticiaptingSecuritiesBasicdollarspershare	1.18
CY2017Q1	bxp	Earthquake Coverage Included In Builders Risk Policy For Improvementsfor Salesforce Tower EarthquakeCoverageIncludedInBuildersRiskPolicyForImprovementsforSalesforceTower	60000000	USD
CY2017Q1	bxp	Earthquake Deductible Insurance Percentage Of Value Of The Affected Property San Franciscoand Los Angeles EarthquakeDeductibleInsurancePercentageOfValueOfTheAffectedPropertySanFranciscoandLosAngeles	0.03
CY2016Q1	bxp	Equity Profit Loss EquityProfitLoss	216222000	USD
CY2017Q1	bxp	Equity Profit Loss EquityProfitLoss	115564000	USD
CY2016Q4	bxp	Excess Stock Par Or Stated Value Per Share ExcessStockParOrStatedValuePerShare	0.01
CY2017Q1	bxp	Excess Stock Par Or Stated Value Per Share ExcessStockParOrStatedValuePerShare	0.01
CY2016Q4	bxp	Excess Stock Value ExcessStockValue	0	USD
CY2017Q1	bxp	Excess Stock Value ExcessStockValue	0	USD
CY2017Q1	bxp	Insurance Policy Limit InsurancePolicyLimit	1000000000	USD
CY2016Q1	bxp	Issuance Of Restricted Securities To Employees And Directors IssuanceOfRestrictedSecuritiesToEmployeesAndDirectors	32630000	USD
CY2017Q1	bxp	Issuance Of Restricted Securities To Employees And Directors IssuanceOfRestrictedSecuritiesToEmployeesAndDirectors	34592000	USD
CY2017Q1	bxp	Letter Of Credit And Performance Obligation LetterOfCreditAndPerformanceObligation	12000000	USD
CY2016Q1	bxp	Minority Interest Decrease From Distributions To Noncontrolling Interest Holdersto Property Partnerships MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolderstoPropertyPartnerships	12915000	USD
CY2017Q1	bxp	Minority Interest Decrease From Distributions To Noncontrolling Interest Holdersto Property Partnerships MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolderstoPropertyPartnerships	13635000	USD
CY2016Q1	bxp	Net Activity From Stock Option And Incentive Plan Value NetActivityFromStockOptionAndIncentivePlanValue	9080000	USD
CY2017Q1	bxp	Net Activity From Stock Option And Incentive Plan Value NetActivityFromStockOptionAndIncentivePlanValue	12281000	USD
CY2016Q1	bxp	Net Income Loss Available To Common Stockholders After Allocationof Undistributed Earningsto Participating Securities Basic NetIncomeLossAvailableToCommonStockholdersAfterAllocationofUndistributedEarningstoParticipatingSecuritiesBasic	181500000	USD
CY2017Q1	bxp	Number Of Series Of Preferred Units Outstanding NumberOfSeriesOfPreferredUnitsOutstanding	1	series
CY2017Q1	bxp	Op Unit Conversion Rate OpUnitConversionRate	1	shares
CY2016Q1	bxp	Operating Income Loss From Reportable Segments OperatingIncomeLossFromReportableSegments	432490000	USD
CY2017Q1	bxp	Operating Income Loss From Reportable Segments OperatingIncomeLossFromReportableSegments	390378000	USD
CY2016Q1	bxp	Paymentsonrealestatetransaction Paymentsonrealestatetransaction	781000	USD
CY2017Q1	bxp	Paymentsonrealestatetransaction Paymentsonrealestatetransaction	480000	USD
CY2017Q1	bxp	Per Occurrence Limit For Nbcr Coverage PerOccurrenceLimitForNbcrCoverage	1000000000	USD
CY2017Q1	bxp	Per Occurrence Limit Of Earth Quake Insurance San Franciscoand Los Angeles PerOccurrenceLimitOfEarthQuakeInsuranceSanFranciscoandLosAngeles	170000000	USD
CY2017Q1	bxp	Per Occurrence Limit Of Earth Quake Insurance San Franciscoand Los Angeles PerOccurrenceLimitOfEarthQuakeInsuranceSanFranciscoandLosAngeles	240000000	USD
CY2016Q1	bxp	Percentage Of Total Net Operating Income PercentageOfTotalNetOperatingIncome	1.0000
CY2017Q1	bxp	Percentage Of Total Net Operating Income PercentageOfTotalNetOperatingIncome	1.0000
CY2016Q1	bxp	Percentage Of Total Rental Expenses PercentageOfTotalRentalExpenses	1.0000
CY2017Q1	bxp	Percentage Of Total Rental Expenses PercentageOfTotalRentalExpenses	1.0000
CY2016Q1	bxp	Percentage Of Total Revenue PercentageOfTotalRevenue	1.0000
CY2017Q1	bxp	Percentage Of Total Revenue PercentageOfTotalRevenue	1.0000
CY2017Q1	bxp	Program Trigger Coinsurance ProgramTriggerCoinsurance	0.17
CY2017Q1	bxp	Program Trigger Value ProgramTriggerValue	140000000	USD
CY2016Q1	bxp	Rental Expenses Class Office RentalExpensesClassOffice	217572000	USD
CY2017Q1	bxp	Rental Expenses Class Office RentalExpensesClassOffice	226736000	USD
CY2016Q1	bxp	Rental Expenses Operating Expenses Total RentalExpensesOperatingExpensesTotal	226806000	USD
CY2017Q1	bxp	Rental Expenses Operating Expenses Total RentalExpensesOperatingExpensesTotal	235378000	USD
CY2016Q1	bxp	Rental Expenses Residential RentalExpensesResidential	1600000	USD
CY2017Q1	bxp	Rental Expenses Residential RentalExpensesResidential	1551000	USD
CY2016Q1	bxp	Rental Revenue Class Office RentalRevenueClassOffice	646490000	USD
CY2017Q1	bxp	Rental Revenue Class Office RentalRevenueClassOffice	614380000	USD
CY2016Q1	bxp	Rental Revenue Residential RentalRevenueResidential	4049000	USD
CY2017Q1	bxp	Rental Revenue Residential RentalRevenueResidential	3956000	USD
CY2016Q1	bxp	Rental Revenue Total RentalRevenueTotal	659296000	USD
CY2017Q1	bxp	Rental Revenue Total RentalRevenueTotal	625756000	USD
CY2017Q1	bxp	Restriction On Redemption Of Op Units From Date Of Issuance In Years RestrictionOnRedemptionOfOpUnitsFromDateOfIssuanceInYears	1	Y
CY2016Q1	bxp	Stock Based Compensation And Exchangeable Senior Notes Shares StockBasedCompensationAndExchangeableSeniorNotesShares	291000	shares
CY2017Q1	bxp	Stock Based Compensation And Exchangeable Senior Notes Shares StockBasedCompensationAndExchangeableSeniorNotesShares	354000	shares
CY2016Q1	bxp	Tenant Leasing Costs TenantLeasingCosts	-19867000	USD
CY2017Q1	bxp	Tenant Leasing Costs TenantLeasingCosts	-23631000	USD
CY2016Q1	bxp	Transaction Costs Expensed TransactionCostsExpensed	25000	USD
CY2017Q1	bxp	Transaction Costs Expensed TransactionCostsExpensed	34000	USD
CY2016Q1	bxp	Weighted Average Number Of Shares Outstanding After Allocationof Undistributed Earningsto Participating Securities Basicinshares WeightedAverageNumberOfSharesOutstandingAfterAllocationofUndistributedEarningstoParticipatingSecuritiesBasicinshares	153626000	shares
CY2016Q1	bxp	Writeoffoffullydepreciatedrealestate Writeoffoffullydepreciatedrealestate	17518000	USD
CY2017Q1	bxp	Writeoffoffullydepreciatedrealestate Writeoffoffullydepreciatedrealestate	49292000	USD
CY2017Q1	dei	Amendment Flag AmendmentFlag	false
CY2017Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2017Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2017Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2017
CY2017Q1	dei	Document Period End Date DocumentPeriodEndDate	2017-03-31
CY2017Q1	dei	Document Type DocumentType	10-Q
CY2017Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001037540
CY2017Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	153857334	shares
CY2017Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2016Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross	1037959000	USD
CY2017Q1	us-gaap	Construction In Progress Gross ConstructionInProgressGross	1211324000	USD
CY2017Q1	us-gaap	Conversion Of Stock Shares Issued1 ConversionOfStockSharesIssued1	23182	shares
CY2017Q1	dei	Entity Registrant Name EntityRegistrantName	BOSTON PROPERTIES INC
CY2016Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	298524000	USD
CY2017Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	313723000	USD
CY2016Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	92548000	USD
CY2017Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	73012000	USD
CY2015Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-14114000	USD
CY2016Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-56706000	USD
CY2016Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-52251000	USD
CY2017Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-50983000	USD
CY2016Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	6333424000	USD
CY2017Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	6339970000	USD
CY2016Q1	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	132758000	USD
CY2017Q1	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	130966000	USD
CY2016Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	9400000	USD
CY2017Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	10300000	USD
CY2016Q4	us-gaap	Assets Assets	18851643000	USD
CY2017Q1	us-gaap	Assets Assets	18966627000	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	723718000	USD
CY2016Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1605678000	USD
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	356914000	USD
CY2017Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	302939000	USD
CY2016Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	881960000	USD
CY2017Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-53975000	USD
CY2016Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	USD
CY2017Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	USD
CY2017Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.75
CY2016Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.65
CY2017Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.75
CY2016Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2017Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2016Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	250000000	shares
CY2017Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	250000000	shares
CY2016Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	153869075	shares
CY2017Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	153928131	shares
CY2016Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	153790175	shares
CY2017Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	153849231	shares
CY2016Q4	us-gaap	Common Stock Value CommonStockValue	1538000	USD
CY2017Q1	us-gaap	Common Stock Value CommonStockValue	1538000	USD
CY2016Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	141773000	USD
CY2017Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	100976000	USD
CY2016Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	31857000	USD
CY2017Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	15856000	USD
CY2016Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	158203000	USD
CY2017Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	117050000	USD
CY2016Q1	us-gaap	Costs And Expenses CostsAndExpenses	415632000	USD
CY2017Q1	us-gaap	Costs And Expenses CostsAndExpenses	426003000	USD
CY2017Q1	us-gaap	Cumulative Effect On Retained Earnings Net Of Tax1 CumulativeEffectOnRetainedEarningsNetOfTax1	-2035000	USD
CY2016Q1	us-gaap	Decrease In Restricted Cash DecreaseInRestrictedCash	104696000	USD
CY2017Q1	us-gaap	Decrease In Restricted Cash DecreaseInRestrictedCash	0	USD
CY2017Q1	us-gaap	Deferred Costs DeferredCosts	666677000	USD
CY2016Q4	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	799138000	USD
CY2017Q1	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	812124000	USD
CY2016Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	159448000	USD
CY2017Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	159205000	USD
CY2016Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	159448000	USD
CY2016Q4	us-gaap	Deferred Costs DeferredCosts	686163000	USD
CY2017Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	159205000	USD
CY2016Q1	us-gaap	Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet	-627000	USD
CY2017Q1	us-gaap	Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet	-1306000	USD
CY2016Q1	us-gaap	Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet	0	USD
CY2017Q1	us-gaap	Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet	0	USD
CY2016Q1	us-gaap	Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet	-58646000	USD
CY2017Q1	us-gaap	Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet	180000	USD
CY2016Q1	us-gaap	Dilutive Securities DilutiveSecurities	0	USD
CY2017Q1	us-gaap	Dilutive Securities DilutiveSecurities	0	USD
CY2016Q1	us-gaap	Direct Costs Of Hotels DirectCostsOfHotels	7634000	USD
CY2017Q1	us-gaap	Direct Costs Of Hotels DirectCostsOfHotels	7091000	USD
CY2016Q1	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	219172000	USD
CY2017Q1	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	228287000	USD
CY2016Q1	us-gaap	Dividends Dividends	114326000	USD
CY2017Q1	us-gaap	Dividends Dividends	131665000	USD
CY2017Q1	us-gaap	Dividends Payable Amount Per Share DividendsPayableAmountPerShare	0.75
CY2016Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	113079000	USD
CY2016Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	130308000	USD
CY2017Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	130418000	USD
CY2016Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.18
CY2017Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.63
CY2016Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.18
CY2017Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.63
CY2016Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	10718000	USD
CY2017Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	1861000	USD
CY2016Q4	us-gaap	Excess Stock Shares Authorized ExcessStockSharesAuthorized	150000000	shares
CY2017Q1	us-gaap	Excess Stock Shares Authorized ExcessStockSharesAuthorized	150000000	shares
CY2016Q4	us-gaap	Excess Stock Shares Issued ExcessStockSharesIssued	0	shares
CY2017Q1	us-gaap	Excess Stock Shares Issued ExcessStockSharesIssued	0	shares
CY2016Q4	us-gaap	Excess Stock Shares Outstanding ExcessStockSharesOutstanding	0	shares
CY2017Q1	us-gaap	Excess Stock Shares Outstanding ExcessStockSharesOutstanding	0	shares
CY2016Q4	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	32687000	USD
CY2017Q1	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	36589000	USD
CY2016Q1	us-gaap	Gain Loss On Investments GainLossOnInvestments	259000	USD
CY2017Q1	us-gaap	Gain Loss On Investments GainLossOnInvestments	1042000	USD
CY2016Q1	us-gaap	Gain Loss On Sale Of Investments GainLossOnSaleOfInvestments	259000	USD
CY2017Q1	us-gaap	Gain Loss On Sale Of Investments GainLossOnSaleOfInvestments	1042000	USD
CY2016Q1	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	67623000	USD
CY2017Q1	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	133000	USD
CY2016Q1	us-gaap	Gain Loss On Sale Of Properties Before Applicable Income Taxes GainLossOnSaleOfPropertiesBeforeApplicableIncomeTaxes	67623000	USD
CY2017Q1	us-gaap	Gain Loss On Sale Of Properties Before Applicable Income Taxes GainLossOnSaleOfPropertiesBeforeApplicableIncomeTaxes	133000	USD
CY2016Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	29353000	USD
CY2017Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	31386000	USD
CY2017Q1	us-gaap	General Partners Capital Account Units Outstanding GeneralPartnersCapitalAccountUnitsOutstanding	1719378	shares
CY2016Q1	us-gaap	Income Loss Before Gain Or Loss On Sale Of Properties Extraordinary Items And Cumulative Effects Of Accounting Changes IncomeLossBeforeGainOrLossOnSaleOfPropertiesExtraordinaryItemsAndCumulativeEffectsOfAccountingChanges	148599000	USD
CY2017Q1	us-gaap	Income Loss Before Gain Or Loss On Sale Of Properties Extraordinary Items And Cumulative Effects Of Accounting Changes IncomeLossBeforeGainOrLossOnSaleOfPropertiesExtraordinaryItemsAndCumulativeEffectsOfAccountingChanges	115431000	USD
CY2016Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	1791000	USD
CY2017Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	3084000	USD
CY2016Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-5209000	USD
CY2017Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-16306000	USD
CY2016Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-25018000	USD
CY2017Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-19023000	USD
CY2016Q1	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	31192000	USD
CY2017Q1	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	22781000	USD
CY2016Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-33319000	USD
CY2017Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-7090000	USD
CY2016Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-45560000	USD
CY2017Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	21197000	USD
CY2016Q1	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	0	USD
CY2017Q1	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	-5230000	USD
CY2016Q1	us-gaap	Increase Decrease In Restricted Cash For Operating Activities IncreaseDecreaseInRestrictedCashForOperatingActivities	-1940000	USD
CY2017Q1	us-gaap	Increase Decrease In Restricted Cash For Operating Activities IncreaseDecreaseInRestrictedCashForOperatingActivities	-6664000	USD
CY2016Q1	us-gaap	Increase In Restricted Cash IncreaseInRestrictedCash	104696000	USD
CY2017Q1	us-gaap	Increase In Restricted Cash IncreaseInRestrictedCash	0	USD
CY2016Q1	us-gaap	Interest And Other Income InterestAndOtherIncome	1505000	USD
CY2017Q1	us-gaap	Interest And Other Income InterestAndOtherIncome	614000	USD
CY2016Q1	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	9269000	USD
CY2017Q1	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	12345000	USD
CY2016Q1	us-gaap	Interest Expense InterestExpense	105309000	USD
CY2017Q1	us-gaap	Interest Expense InterestExpense	95534000	USD
CY2016Q1	us-gaap	Interest Paid InterestPaid	93524000	USD
CY2017Q1	us-gaap	Interest Paid InterestPaid	92774000	USD
CY2016Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	243933000	USD
CY2017Q1	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	266714000	USD
CY2016Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	11890626000	USD
CY2017Q1	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	11904196000	USD
CY2016Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	775198000	USD
CY2017Q1	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	793932000	USD
CY2016Q4	us-gaap	Land Land	4879020000	USD
CY2017Q1	us-gaap	Land Land	4879015000	USD
CY2016Q4	us-gaap	Land Available For Development LandAvailableForDevelopment	246656000	USD
CY2017Q1	us-gaap	Land Available For Development LandAvailableForDevelopment	249800000	USD
CY2016Q4	us-gaap	Leasehold Improvements Gross LeaseholdImprovementsGross	2060315000	USD
CY2017Q1	us-gaap	Leasehold Improvements Gross LeaseholdImprovementsGross	2111336000	USD
CY2016Q4	us-gaap	Liabilities Liabilities	10919719000	USD
CY2017Q1	us-gaap	Liabilities Liabilities	11044189000	USD
CY2016Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	18851643000	USD
CY2017Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	18966627000	USD
CY2016	us-gaap	Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest	0.895
CY2017Q1	us-gaap	Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest	0.895
CY2017Q1	us-gaap	Limited Partners Capital Account Units Outstanding LimitedPartnersCapitalAccountUnitsOutstanding	152129853	shares
CY2016Q4	us-gaap	Line Of Credit LineOfCredit	0	USD
CY2017Q1	us-gaap	Line Of Credit LineOfCredit	105000000	USD
CY2016Q4	us-gaap	Marketable Securities MarketableSecurities	23814000	USD
CY2017Q1	us-gaap	Marketable Securities MarketableSecurities	25817000	USD
CY2016Q4	us-gaap	Minority Interest In Limited Partnerships MinorityInterestInLimitedPartnerships	1530647000	USD
CY2017Q1	us-gaap	Minority Interest In Limited Partnerships MinorityInterestInLimitedPartnerships	1529653000	USD
CY2016Q4	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	614982000	USD
CY2017Q1	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	617252000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	642337000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-37912000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-109357000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-262593000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	348980000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	246530000	USD
CY2016Q1	us-gaap	Net Income Loss NetIncomeLoss	184365000	USD
CY2017Q1	us-gaap	Net Income Loss NetIncomeLoss	99708000	USD
CY2016Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	181747000	USD
CY2017Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	97083000	USD
CY2016Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	181500000	USD
CY2017Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	97083000	USD
CY2016Q1	us-gaap	Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable	10464000	USD
CY2017Q1	us-gaap	Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable	4424000	USD
CY2016Q1	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	21393000	USD
CY2017Q1	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	11432000	USD
CY2016Q1	us-gaap	Noncontrolling Interest Increase From Subsidiary Equity Issuance NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance	0	USD
CY2016Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	250353000	USD
CY2017Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	206225000	USD
CY2016Q1	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	536128000	USD
CY2017Q1	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	503562000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	-58646000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	180000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-58019000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	1486000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	-15427000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	218000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-627000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-1306000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Other Net Of Tax OtherComprehensiveIncomeOtherNetOfTax	627000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Other Net Of Tax OtherComprehensiveIncomeOtherNetOfTax	1306000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-58646000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	180000	USD
CY2016Q4	us-gaap	Other Liabilities OtherLiabilities	450821000	USD
CY2017Q1	us-gaap	Other Liabilities OtherLiabilities	446489000	USD
CY2016Q4	us-gaap	Other Notes Payable OtherNotesPayable	180000000	USD
CY2017Q1	us-gaap	Other Notes Payable OtherNotesPayable	180000000	USD
CY2016Q1	us-gaap	Paid In Kind Interest PaidInKindInterest	-10138000	USD
CY2017Q1	us-gaap	Paid In Kind Interest PaidInKindInterest	-7729000	USD
CY2016Q1	us-gaap	Parking Revenue ParkingRevenue	24825000	USD
CY2017Q1	us-gaap	Parking Revenue ParkingRevenue	25610000	USD
CY2016Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	25329000	USD
CY2017Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	43687000	USD
CY2016Q1	us-gaap	Payments For Tenant Improvements PaymentsForTenantImprovements	55739000	USD
CY2017Q1	us-gaap	Payments For Tenant Improvements PaymentsForTenantImprovements	50810000	USD
CY2016Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	328567000	USD
CY2017Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	131555000	USD
CY2016Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	8047000	USD
CY2017Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	0	USD
CY2016Q1	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	10215000	USD
CY2017Q1	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	17980000	USD
CY2016Q1	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	438000	USD
CY2017Q1	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	961000	USD
CY2016Q1	us-gaap	Payments To Acquire Other Productive Assets PaymentsToAcquireOtherProductiveAssets	122940000	USD
CY2017Q1	us-gaap	Payments To Acquire Other Productive Assets PaymentsToAcquireOtherProductiveAssets	154518000	USD
CY2016Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	12915000	USD
CY2017Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	13801000	USD
CY2016Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	2618000	USD
CY2017Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	2625000	USD
CY2016Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2017Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2016Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2017Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2016Q4	us-gaap	Preferred Stock Value PreferredStockValue	200000000	USD
CY2017Q1	us-gaap	Preferred Stock Value PreferredStockValue	200000000	USD
CY2016Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	129666000	USD
CY2017Q1	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	150905000	USD
CY2016Q1	us-gaap	Proceeds From Issuance Of Unsecured Debt ProceedsFromIssuanceOfUnsecuredDebt	997080000	USD
CY2017Q1	us-gaap	Proceeds From Issuance Of Unsecured Debt ProceedsFromIssuanceOfUnsecuredDebt	0	USD
CY2016Q1	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	-657000	USD
CY2017Q1	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	-183000	USD
CY2016Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	0	USD
CY2017Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	175000000	USD
CY2016Q1	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	2489000	USD
CY2017Q1	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	8145000	USD
CY2016Q1	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	2489000	USD
CY2017Q1	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	8145000	USD
CY2016Q1	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	104816000	USD
CY2017Q1	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	133000	USD
CY2016Q1	us-gaap	Profit Loss ProfitLoss	216222000	USD
CY2017Q1	us-gaap	Profit Loss ProfitLoss	115564000	USD
CY2016Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	4222235000	USD
CY2017Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	4302283000	USD
CY2016Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	20147263000	USD
CY2017Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	20392260000	USD
CY2016Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	15925028000	USD
CY2017Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	16089977000	USD
CY2016Q1	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	650539000	USD
CY2017Q1	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	618336000	USD
CY2016Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	0	USD
CY2017Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	70000000	USD
CY2016Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	6265000	USD
CY2017Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	5038000	USD
CY2016Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	63174000	USD
CY2017Q1	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	51244000	USD
CY2016Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-693694000	USD
CY2017Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-712270000	USD
CY2016Q1	us-gaap	Revenue From Leased And Owned Hotels RevenueFromLeasedAndOwnedHotels	8757000	USD
CY2017Q1	us-gaap	Revenue From Leased And Owned Hotels RevenueFromLeasedAndOwnedHotels	7420000	USD
CY2016Q1	us-gaap	Revenues Revenues	665985000	USD
CY2017Q1	us-gaap	Revenues Revenues	632228000	USD
CY2016Q4	us-gaap	Secured Debt SecuredDebt	2063087000	USD
CY2017Q1	us-gaap	Secured Debt SecuredDebt	2046959000	USD
CY2016Q4	us-gaap	Senior Notes SeniorNotes	7245953000	USD
CY2017Q1	us-gaap	Senior Notes SeniorNotes	7248152000	USD
CY2016Q1	us-gaap	Share Based Compensation ShareBasedCompensation	10069000	USD
CY2017Q1	us-gaap	Share Based Compensation ShareBasedCompensation	10802000	USD
CY2016Q1	us-gaap	Stock Issued During Period Value Conversion Of Units StockIssuedDuringPeriodValueConversionOfUnits	0	USD
CY2016Q1	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	332000	USD
CY2017Q1	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	373000	USD
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	5786295000	USD
CY2017Q1	us-gaap	Stockholders Equity StockholdersEquity	5775533000	USD
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	7886927000	USD
CY2016Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	7929790000	USD
CY2016Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	7931924000	USD
CY2017Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	7922438000	USD
CY2016Q4	us-gaap	Subordinated Debt SubordinatedDebt	307093000	USD
CY2017Q1	us-gaap	Subordinated Debt SubordinatedDebt	306734000	USD
CY2016Q1	us-gaap	Tenant Reimbursements TenantReimbursements	89586000	USD
CY2016Q1	us-gaap	Straight Line Rent StraightLineRent	12981000	USD
CY2017Q1	us-gaap	Straight Line Rent StraightLineRent	9158000	USD
CY2017Q1	us-gaap	Tenant Reimbursements TenantReimbursements	89164000	USD
CY2016Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	78900	shares
CY2017Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	78900	shares
CY2016Q4	us-gaap	Treasury Stock Value TreasuryStockValue	2722000	USD
CY2017Q1	us-gaap	Treasury Stock Value TreasuryStockValue	2722000	USD
CY2016Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	153917000	shares
CY2017Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	154214000	shares
CY2016Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	153626000	shares
CY2017Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	153860000	shares
CY2017Q1	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="8" rowspan="1"></td></tr><tr><td style="width:69%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" 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:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" 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:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Three months ended March 31,</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:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">2017</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:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">2016</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="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">(in thousands)</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;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">54,761</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</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;">37,669</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></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></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;">22,079</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;">16,667</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></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;">14,309</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;">9,064</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></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;">36,388</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;">25,731</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></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;">18,373</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;">11,938</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></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></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;">9,300</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;">8,389</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></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;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,073</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</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;">3,549</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></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></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;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,323</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</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;">1,599</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></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 (2)</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;">(1,239</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" 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;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;">192</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></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;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,084</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</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;">1,791</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></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;">$7.0 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$2.2 million</font><font style="font-family:inherit;font-size:10pt;"> for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March 31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2016</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;">Includes a straight-line rent adjustment of approximately </font><font style="font-family:inherit;font-size:10pt;">$0.7 million</font><font style="font-family:inherit;font-size:10pt;"> and a net above-/below-market rent adjustment of approximately </font><font style="font-family:inherit;font-size:10pt;">$0.4 million</font><font style="font-family:inherit;font-size:10pt;"> for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March 31, 2017</font><font style="font-family:inherit;font-size:10pt;">. </font></div></td></tr></table></div>

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$BXP BXP Inc Stock $bxp

2017 Q1 Form 10-Q Financial Statement

#000165642317000006 Filed on May 08, 2017

Income Statement

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$BXP
BXP Inc Stock $bxp