$FSP
Franklin Street Properties Corp Stock $fsp

$fsp Overview Financials Valuation SEC Filings Company Website

2013 Q4 Form 10-Q Financial Statement

#000110465913078755 Filed on October 29, 2013

Income Statement

Concept	2013 Q4	2013 Q3	2012 Q3
Revenue	$63.02M	$58.45M	$41.47M
YoY Change	46.18%	40.94%	20.4%
Cost Of Revenue	$15.22M	$13.99M	$9.640M
YoY Change	44.95%	45.12%	8.44%
Gross Profit	$47.80M	$44.46M	$31.83M
YoY Change	46.58%	39.68%	24.58%
Gross Profit Margin	75.84%	76.07%	76.76%
Selling, General & Admin	$11.61M	$3.477M	$3.141M
YoY Change	37.89%	10.7%	89.9%
% of Gross Profit	24.29%	7.82%	9.87%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$24.50M	$22.80M	$14.30M
YoY Change	56.05%	59.44%	10.85%
% of Gross Profit	51.26%	51.28%	44.93%
Operating Expenses	$35.59M	$3.477M	$3.141M
YoY Change	51.83%	10.7%	89.9%
Operating Profit	$12.21M	$4.540M	$5.370M
YoY Change	33.15%	-15.46%	60.44%
Interest Expense	-$7.740M	$5.474M	$4.187M
YoY Change	144.94%	30.74%	22.46%
% of Operating Profit	-63.39%	120.57%	77.97%
Other Income/Expense, Net
YoY Change
Pretax Income	$4.480M	$4.110M	$5.550M
YoY Change	-25.46%	-25.95%	41.58%
Income Tax	$130.0K	$118.0K	$80.00K
% Of Pretax Income	2.9%	2.87%	1.44%
Net Earnings	$6.590M	$4.090M	-$9.000M
YoY Change	20.7%	-145.44%	-371.9%
Net Earnings / Revenue	10.46%	7.0%	-21.7%
Basic Earnings Per Share
Diluted Earnings Per Share	$65.73K	$40.82K	-$108.5K
COMMON SHARES
Basic Shares Outstanding	100.2M shares	100.2M shares	82.94M shares
Diluted Shares Outstanding			82.94M shares

Balance Sheet

Concept	2013 Q4	2013 Q3	2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$19.60M	$25.50M	$24.00M
YoY Change	-7.98%	6.25%	-45.45%
Cash & Equivalents	$19.62M	$25.54M	$23.96M
Short-Term Investments
Other Short-Term Assets	$10.50M	$11.30M	$2.300M
YoY Change	-23.91%	391.3%	-11.54%
Inventory
Prepaid Expenses
Receivables	$147.1M	$145.0M	$143.6M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$177.2M	$181.8M	$169.9M
YoY Change	6.68%	7.0%	24.93%
LONG-TERM ASSETS
Property, Plant & Equipment	$709.0K	$543.0K	$528.0K
YoY Change	30.33%	2.84%	-99.95%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments			$85.90M
YoY Change			-2.61%
Other Assets	$28.50M	$38.30M	$22.90M
YoY Change	-17.39%	67.25%	0.44%
Total Long-Term Assets	$1.867B	$1.895B	$1.226B
YoY Change	37.27%	54.55%	1.34%
TOTAL ASSETS
Total Short-Term Assets	$177.2M	$181.8M	$169.9M
Total Long-Term Assets	$1.867B	$1.895B	$1.226B
Total Assets	$2.044B	$2.077B	$1.396B
YoY Change	33.94%	48.76%	3.73%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$44.10M	$39.90M	$26.50M
YoY Change	41.8%	50.57%	-6.36%
Accrued Expenses	$3.000M	$2.400M	$2.200M
YoY Change	20.0%	9.09%	57.14%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$482.0M
YoY Change		-100.0%	28.53%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$51.10M	$46.20M	$513.0M
YoY Change	41.55%	-90.99%	25.98%
LONG-TERM LIABILITIES
Long-Term Debt	$926.5M	$951.5M	$0.00
YoY Change	50.21%
Other Long-Term Liabilities	$16.20M	$19.80M	$8.400M
YoY Change	92.86%	135.71%	25.37%
Total Long-Term Liabilities	$942.7M	$971.3M	$8.400M
YoY Change	50.78%	11463.1%	25.37%
TOTAL LIABILITIES
Total Short-Term Liabilities	$51.10M	$46.20M	$513.0M
Total Long-Term Liabilities	$942.7M	$971.3M	$8.400M
Total Liabilities	$993.9M	$1.018B	$521.3M
YoY Change	50.29%	95.17%	25.99%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$1.274B	$1.274B	$1.043B
YoY Change	22.12%	22.12%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.050B	$1.059B	$874.6M
YoY Change
Total Liabilities & Shareholders Equity	$2.044B	$2.077B	$1.396B
YoY Change	33.94%	48.76%	3.73%

Cashflow Statement

Concept	2013 Q4	2013 Q3	2012 Q3
OPERATING ACTIVITIES
Net Income	$6.590M	$4.090M	-$9.000M
YoY Change	20.7%	-145.44%	-371.9%
Depreciation, Depletion And Amortization	$24.50M	$22.80M	$14.30M
YoY Change	56.05%	59.44%	10.85%
Cash From Operating Activities	$31.70M	$26.10M	$21.00M
YoY Change	52.4%	24.29%	15.38%
INVESTING ACTIVITIES
Capital Expenditures	-$5.100M	-$376.7M	-$56.50M
YoY Change	-96.76%	566.73%	36.8%
Acquisitions
YoY Change
Other Investing Activities	$11.40M	$2.100M	$70.00M
YoY Change	-24.5%	-97.0%	1029.03%
Cash From Investing Activities	$6.400M	-$374.6M	$13.50M
YoY Change	-104.49%	-2874.81%	-138.46%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-44.00M	349.1M	-33.10M
YoY Change	-136.97%	-1154.68%	-203.12%
NET CHANGE
Cash From Operating Activities	31.70M	26.10M	21.00M
Cash From Investing Activities	6.400M	-374.6M	13.50M
Cash From Financing Activities	-44.00M	349.1M	-33.10M
Net Change In Cash	-5.900M	600.0K	1.400M
YoY Change	118.52%	-57.14%	-90.79%
FREE CASH FLOW
Cash From Operating Activities	$31.70M	$26.10M	$21.00M
Capital Expenditures	-$5.100M	-$376.7M	-$56.50M
Free Cash Flow	$36.80M	$402.8M	$77.50M
YoY Change	-79.37%	419.74%	30.25%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
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CY2013Q3	fsp	Number Of Rei Ts In Which Entity Holds Noncontrolling Preferred Stock Interest NumberOfREITsInWhichEntityHoldsNoncontrollingPreferredStockInterest	2	entity
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	fsp	Equity Method Investment Dividends Or Distribution In Excess Of Earnings EquityMethodInvestmentDividendsOrDistributionInExcessOfEarnings	2733000	USD
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CY2012Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1219000	USD
CY2013Q3	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	214232000	USD
CY2012Q4	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	176916000	USD
CY2013Q3	us-gaap	Stockholders Equity StockholdersEquity	1059149000	USD
CY2012Q4	us-gaap	Stockholders Equity StockholdersEquity	864749000	USD
CY2013Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2076629000	USD
CY2012Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1526068000	USD
CY2012Q4	us-gaap	Preferred Stock Value PreferredStockValue		USD
CY2013Q3	us-gaap	Preferred Stock Value PreferredStockValue		USD
CY2013Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	60589000	USD
CY2013Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	80000	USD
CY2013Q3	fsp	Allowance For Doubtful Deferred Rent Receivables AllowanceForDoubtfulDeferredRentReceivables	135000	USD
CY2013Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	694000	USD
CY2013Q3	us-gaap	Deferred Costs Leasing Accumulated Amortization DeferredCostsLeasingAccumulatedAmortization	14402000	USD
CY2013Q3	fsp	Unfavorable Real Estate Leases Accumulated Amortization UnfavorableRealEstateLeasesAccumulatedAmortization	5936000	USD
CY2013Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2013Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	20000000	shares
CY2013Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2013Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	100187000	shares
CY2012Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	82937000	shares
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	17037000	USD
CY2012Q3	us-gaap	Discontinued Operation Provision For Loss Gain On Disposal Net Of Tax DiscontinuedOperationProvisionForLossGainOnDisposalNetOfTax	14300000	USD
	us-gaap	Discontinued Operation Provision For Loss Gain On Disposal Net Of Tax DiscontinuedOperationProvisionForLossGainOnDisposalNetOfTax	14300000	USD
CY2013Q3	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	98000	USD
CY2012Q3	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	-14469000	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	468893000	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	49209000	USD
CY2012Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2013Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2013Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	180000000	shares
CY2013Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	100187405	shares
CY2012Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	82937405	shares
CY2013Q3	fsp	Management Fees And Interest Income Operating Revenue ManagementFeesAndInterestIncomeOperatingRevenue	1665000	USD
CY2012Q3	fsp	Management Fees And Interest Income Operating Revenue ManagementFeesAndInterestIncomeOperatingRevenue	3485000	USD
	fsp	Management Fees And Interest Income Operating Revenue ManagementFeesAndInterestIncomeOperatingRevenue	4929000	USD
	fsp	Management Fees And Interest Income Operating Revenue ManagementFeesAndInterestIncomeOperatingRevenue	9146000	USD
CY2013Q3	us-gaap	Other Real Estate Revenue OtherRealEstateRevenue	21000	USD
CY2012Q3	us-gaap	Other Real Estate Revenue OtherRealEstateRevenue	39000	USD
	us-gaap	Other Real Estate Revenue OtherRealEstateRevenue	64000	USD
	us-gaap	Other Real Estate Revenue OtherRealEstateRevenue	112000	USD
CY2013Q3	us-gaap	Revenues Revenues	58446000	USD
CY2012Q3	us-gaap	Revenues Revenues	41468000	USD
	us-gaap	Revenues Revenues	150611000	USD
	us-gaap	Revenues Revenues	118465000	USD
CY2013Q3	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	13991000	USD
	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	35877000	USD
CY2013Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	3477000	USD
CY2012Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	3141000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	9213000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	7454000	USD
CY2013Q3	us-gaap	Interest Expense InterestExpense	5474000	USD
CY2012Q3	us-gaap	Interest Expense InterestExpense	4187000	USD
	us-gaap	Interest Expense InterestExpense	13856000	USD
	us-gaap	Interest Expense InterestExpense	11901000	USD
CY2013Q3	us-gaap	Costs And Expenses CostsAndExpenses	53906000	USD
CY2012Q3	us-gaap	Costs And Expenses CostsAndExpenses	36098000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	136513000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	102270000	USD
CY2013Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	4540000	USD
CY2012Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	5370000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	14098000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	16195000	USD
CY2013Q3	us-gaap	Investment Income Interest InvestmentIncomeInterest	5000	USD
CY2012Q3	us-gaap	Investment Income Interest InvestmentIncomeInterest	5000	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	10000	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	17000	USD
CY2013Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-431000	USD
CY2012Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	176000	USD
CY2013Q3	fsp	Income Loss From Continuing Operations Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxes	4114000	USD
CY2012Q3	fsp	Income Loss From Continuing Operations Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxes	5551000	USD
	fsp	Income Loss From Continuing Operations Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxes	13294000	USD
	fsp	Income Loss From Continuing Operations Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxes	17273000	USD
CY2013Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	118000	USD
CY2012Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	80000	USD
CY2013Q3	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	3996000	USD
CY2012Q3	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	5471000	USD
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	12942000	USD
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	91720000	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	82937000	shares
CY2013Q3	us-gaap	Income Loss From Continuing Operations Per Basic And Diluted Share IncomeLossFromContinuingOperationsPerBasicAndDilutedShare	0.04
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	294000	USD
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	-14863000	USD
CY2013Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	4094000	USD
CY2012Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-8998000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	13236000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	2174000	USD
CY2013Q3	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare	0.00
CY2013Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.04
CY2012Q3	us-gaap	Income Loss From Continuing Operations Per Basic And Diluted Share IncomeLossFromContinuingOperationsPerBasicAndDilutedShare	0.07
CY2012Q3	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare	-0.18
CY2012Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.11
	us-gaap	Income Loss From Continuing Operations Per Basic And Diluted Share IncomeLossFromContinuingOperationsPerBasicAndDilutedShare	0.14
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare	0.00
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.14
	us-gaap	Income Loss From Continuing Operations Per Basic And Diluted Share IncomeLossFromContinuingOperationsPerBasicAndDilutedShare	0.21
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare	-0.18
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.03
	us-gaap	Discontinued Operation Provision For Loss Gain On Disposal Before Income Tax DiscontinuedOperationProvisionForLossGainOnDisposalBeforeIncomeTax	14300000	USD
CY2013Q3	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-6953000	USD
	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	1005000	USD
CY2013Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-6953000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	1005000	USD
CY2013Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-2859000	USD
CY2012Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-8998000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	14241000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	2174000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	56796000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	41846000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	-277000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	56000	USD
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	-14300000	USD
	fsp	Income Loss From Equity Method Investments And Consolidated Investments IncomeLossFromEquityMethodInvestmentsAndConsolidatedInvestments	-814000	USD
	fsp	Income Loss From Equity Method Investments And Consolidated Investments IncomeLossFromEquityMethodInvestmentsAndConsolidatedInvestments	1061000	USD
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	1246000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-1220000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	105000	USD
	us-gaap	Increase Decrease In Restricted Cash For Operating Activities IncreaseDecreaseInRestrictedCashForOperatingActivities	48000	USD
	us-gaap	Increase Decrease In Restricted Cash For Operating Activities IncreaseDecreaseInRestrictedCashForOperatingActivities	53000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	3060000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-173000	USD
	us-gaap	Straight Line Rent StraightLineRent	3920000	USD
	us-gaap	Straight Line Rent StraightLineRent	3498000	USD
	fsp	Increase Decrease In Operating Lease Acquisition Costs IncreaseDecreaseInOperatingLeaseAcquisitionCosts	820000	USD
	fsp	Increase Decrease In Operating Lease Acquisition Costs IncreaseDecreaseInOperatingLeaseAcquisitionCosts	2235000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1845000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1278000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	6860000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-25000	USD
	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-108000	USD
	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-28000	USD
	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	1402000	USD
	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	273000	USD
	us-gaap	Increase Decrease In Deferred Leasing Fees IncreaseDecreaseInDeferredLeasingFees	7532000	USD
	us-gaap	Increase Decrease In Deferred Leasing Fees IncreaseDecreaseInDeferredLeasingFees	2425000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	60278000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	49570000	USD
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	23813000	USD
CY2012Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	23962000	USD
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	100143000	USD
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	14376000	USD
	us-gaap	Repayment Of Notes Receivable From Related Parties RepaymentOfNotesReceivableFromRelatedParties	106200000	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	160000000	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	160000000	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	45250000	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	527000000	USD
	us-gaap	Proceeds From Issuance Of Unsecured Debt ProceedsFromIssuanceOfUnsecuredDebt	220000000	USD
	us-gaap	Proceeds From Issuance Of Unsecured Debt ProceedsFromIssuanceOfUnsecuredDebt	400000000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	1868000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	5328000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	513041000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-19602000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	4272000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	149000	USD
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	774000	USD
	dei	Entity Registrant Name EntityRegistrantName	FRANKLIN STREET PROPERTIES CORP /MA/
	dei	Entity Central Index Key EntityCentralIndexKey	0001031316
	dei	Document Type DocumentType	10-Q
	dei	Document Period End Date DocumentPeriodEndDate	2013-09-30
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2013Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	100187405	shares
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2013
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	fsp	Number Of Properties Acquired NumberOfPropertiesAcquired	3	property
CY2013Q3	fsp	Number Of Promissory Notes Secured By Mortgages On Real Estate Owned By Sponsored Rei Ts NumberOfPromissoryNotesSecuredByMortgagesOnRealEstateOwnedBySponsoredREITs	7	note
CY2013Q3	us-gaap	Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax	98000	USD
CY2012Q3	us-gaap	Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax	-169000	USD
	us-gaap	Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax	294000	USD
	us-gaap	Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax	-563000	USD
	fsp	Square Footage Of Real Estate Property Acquired SquareFootageOfRealEstatePropertyAcquired	1951000
CY2012Q4	us-gaap	Assets Held For Sale At Carrying Value AssetsHeldForSaleAtCarryingValue	10575000	USD
CY2013Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2012Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
	us-gaap	Comparability Of Prior Year Financial Data ComparabilityOfPriorYearFinancialData	<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="MARGIN: 0in 0in 0pt;"><b><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">Reclassifications</font></b></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">Certain amounts from the 2012 financial statements have been reclassified to conform to the 2013 presentation. The reclassifications were related primarily to a property held for sale, which is presented as discontinued operations for all periods presented. Reclassifications of discontinued operations changed rental revenues, operating and maintenance expenses, depreciation and amortization and the related assets. There was no change to net income for any period presented as a result of these reclassifications.</font></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt;" align="center"> </p> </div>

Files In Submission

Name	View Source	Status
0001104659-13-078755-index-headers.html	Edgar Link	pending
0001104659-13-078755-index.html	Edgar Link	pending
0001104659-13-078755.txt	Edgar Link	pending
0001104659-13-078755-xbrl.zip	Edgar Link	pending
a13-19760_110q.htm	Edgar Link	pending
a13-19760_1ex23d1.htm	Edgar Link	pending
a13-19760_1ex31d1.htm	Edgar Link	pending
a13-19760_1ex31d2.htm	Edgar Link	pending
a13-19760_1ex32d1.htm	Edgar Link	pending
a13-19760_1ex32d2.htm	Edgar Link	pending
a13-19760_1ex99d1.htm	Edgar Link	pending
a13-19760_1ex99d2.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
fsp-20130930.xml	Edgar Link	completed
fsp-20130930.xsd	Edgar Link	pending
fsp-20130930_cal.xml	Edgar Link	unprocessable
fsp-20130930_def.xml	Edgar Link	unprocessable
fsp-20130930_lab.xml	Edgar Link	unprocessable
fsp-20130930_pre.xml	Edgar Link	unprocessable
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
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R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$FSP
Franklin Street Properties Corp Stock $fsp

2013 Q4 Form 10-Q Financial Statement

#000110465913078755 Filed on October 29, 2013

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$FSP Franklin Street Properties Corp Stock $fsp

2013 Q4 Form 10-Q Financial Statement

#000110465913078755 Filed on October 29, 2013

Income Statement

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Facts In Submission

Files In Submission

$FSP
Franklin Street Properties Corp Stock $fsp