| Fiscal period | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|
| Period End Date | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 |
|---|
| Rental income | 438.70 | 415.62 | 429.85 | 413.52 | 402.18 | 386.87 | 373.14 | 376.26 | 359.25 | 346.55 |
| Facility management fees | -- | -- | -- | -- | -- | 0.52 | 0.54 | 0.66 | 0.64 | 0.65 |
| Business services | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Interest income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Dividend income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity in income of joint venture | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gain on sale of marketable securities | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Revenues | 438.70 | 415.62 | 429.85 | 413.52 | 402.18 | 387.39 | 373.68 | 376.92 | 359.89 | 347.20 |
| Cost of operations | 130.90 | 125.51 | 128.34 | 126.55 | 125.34 | 123.11 | 121.22 | 127.37 | 114.83 | 114.11 |
| Cost of facility management | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Cost of business services | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Depreciation and amortization | 93.49 | 96.31 | 104.25 | 99.24 | 94.27 | 99.49 | 105.39 | 110.36 | 108.92 | 109.40 |
| General and administrative | 19.06 | 14.53 | 13.76 | 10.16 | 9.68 | 14.86 | 13.58 | 13.64 | 5.31 | 8.92 |
| Total operating expenses | 243.44 | 236.35 | 246.35 | 235.94 | 229.29 | 237.46 | 240.20 | 251.37 | 229.06 | 232.43 |
| Operating income | -- | -- | -- | -- | 172.89 | -- | -- | -- | -- | -- |
| Interest expense | 4.65 | 1.07 | 0.66 | 0.67 | 1.29 | 5.66 | 13.33 | 13.59 | 16.17 | 20.62 |
| Gain on disposition of real estate | -- | -- | -- | -- | -- | -- | 28.24 | 92.37 | -- | -- |
| Gain on sale of real estate facility | 359.88 | 27.27 | 16.64 | 93.48 | 1.21 | -- | -- | -- | -- | -- |
| Gain on sale of development rights | -- | -- | -- | -- | 6.37 | -- | -- | -- | -- | -- |
| Gain on investment in marketable securities | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity in income of joint venture | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Interest and other income | 2.54 | 1.23 | 4.49 | 1.51 | 0.94 | 0.72 | 0.59 | 0.37 | 1.49 | 0.24 |
| Equity in loss of unconsolidated joint venture | -- | -- | -- | -- | (0.81) | -- | -- | -- | -- | -- |
| Total other income and (expense) | -- | -- | -- | -- | -- | (4.95) | (12.74) | (13.22) | (14.68) | (20.38) |
| Income From Continuing Operations Before Minority Interests | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Minority interest in income - preferred units - Distributions to preferred unit holders | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Minority interest in income - preferred units - Redemption of preferred operating partnership units | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Minority interest in income - common units | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income from continuing operations | -- | -- | -- | -- | -- | -- | -- | 204.70 | 116.14 | 94.40 |
| Discontinued operations: Income (loss) from discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.04 |
| Discontinued operations: Gain on disposition of real estate | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.94 |
| Discontinued operations: Minority interest in income attributable to discontinued operations - common units | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Discontinued operations: Impairment charge on properties held for sale | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Discontinued operations: Equity in income of discontinued joint venture | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income Before Extraordinary Income & Accounting Change | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Consolidated net income (loss) | 553.03 | 206.71 | 203.97 | 271.90 | 179.32 | 144.98 | 148.97 | 204.70 | 116.14 | -- |
| Noncontrolling interests - common units | -- | -- | -- | -- | 24.28 | 16.96 | 18.50 | 30.73 | 12.95 | 5.97 |
| Noncontrolling interests - preferred units | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.32 |
| Net income allocable to noncontrolling interests | 104.27 | 33.16 | 29.01 | 45.20 | -- | -- | -- | -- | -- | -- |
| Net Income (Loss) Attributable to Parent Company | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net income (loss) allocable to PS Business Parks | 448.76 | 173.55 | 174.97 | 226.70 | 155.04 | -- | -- | -- | -- | 89.08 |
| Redemptions of preferred stock | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gain on repurchase of preferred stock, net | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Restricted stock unit holders | 2.61 | 0.72 | 0.91 | 1.92 | 0.76 | 0.57 | 0.30 | 0.33 | 0.13 | 0.14 |
| Preferred shareholders | 46.62 | 48.19 | 54.35 | 51.88 | 52.87 | 64.59 | 61.89 | 60.49 | 59.22 | 69.14 |
| Charge related to the redemption of preferred securities | 6.43 | 0.00 | 11.01 | -- | 10.98 | -- | -- | -- | -- | -- |
| Net income (loss) available to common shareholders | 393.09 | 124.65 | 108.70 | 172.90 | 90.43 | 62.87 | 68.29 | 113.15 | 43.85 | 19.81 |
| EPS (Basic) : Continuing operations | -- | -- | -- | -- | -- | -- | -- | 4.21 | 1.77 | 0.79 |
| EPS (Basic) : Income from discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.03 |
| Net Earnings Per Share (Basic) | 14.28 | 4.54 | 3.96 | 6.33 | 3.32 | 2.32 | 2.53 | 4.21 | 1.77 | 0.82 |
| EPS (Diluted) : Continuing operations | -- | -- | -- | -- | -- | -- | -- | 4.19 | 1.77 | 0.78 |
| EPS (Diluted) : Income from discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.03 |
| Net Earnings Per Share (Diluted) | 14.22 | 4.52 | 3.95 | 6.31 | 3.30 | 2.31 | 2.52 | 4.19 | 1.77 | 0.81 |
| Weighted Average Shares Outstanding (Basic) | 27.53 | 27.48 | 27.42 | 27.32 | 27.21 | 27.09 | 26.97 | 26.90 | 24.73 | 24.23 |
| Weighted Average Shares Outstanding (Diluted) | 27.64 | 27.56 | 27.53 | 27.42 | 27.41 | 27.18 | 27.05 | 27.00 | 24.83 | 24.32 |
| Funds from operations (FFO) | 233.50 | 227.44 | 226.08 | 225.77 | 203.34 | 179.88 | 164.24 | 127.35 | 127.83 | 134.47 |