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Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Rental and related revenue $ 206,848 $ 200,938 $ 609,171 $ 617,549
General contractor and service fee revenue 19,351 33,599 68,546 110,320
Revenues, total 226,199 234,537 677,717 727,869
Expenses:        
Rental expenses 26,084 30,137 81,092 96,355
Real estate taxes 31,313 27,702 90,888 86,228
General contractor and other services expenses 17,182 29,694 60,330 98,455
Depreciation and amortization 80,688 79,898 238,647 240,135
Costs and expenses, total 155,267 167,431 470,957 521,173
Other operating activities:        
Equity in earnings (loss) of unconsolidated companies 12,010 (5,088) 37,404 16,281
Gain on dissolution of unconsolidated company 0 0 30,697 0
Promote income 2,212 0 26,299 0
Gain on sale of properties 82,698 71,259 137,589 202,153
Gain on land sales 1,601 1,659 2,438 24,096
Other operating expenses (1,424) (1,467) (3,496) (4,579)
Impairment charges (3,042) (2,426) (15,098) (7,896)
General and administrative expenses (12,534) (11,340) (42,216) (47,582)
Other Operating Activities, Net 81,521 52,597 173,617 182,473
Operating income 152,453 119,703 380,377 389,169
Other income (expenses):        
Interest and other income, net 507 1,343 3,597 3,056
Interest expense (34,606) (41,615) (109,520) (134,576)
Loss on debt extinguishment (6,243) 64 (8,673) (82,589)
Acquisition-related activity (7) (5,660) (82) (6,993)
Income from continuing operations before income taxes 112,104 73,835 265,699 168,067
Income tax benefit 359 3,305 173 4,109
Income from continuing operations 112,463 77,140 265,872 172,176
Discontinued operations:        
Income (loss) before gain on sales 377 (43) 741 10,546
Gain on sale of depreciable properties, net of tax 319 111 485 414,620
Income from discontinued operations 696 68 1,226 425,166
Net income 113,159 77,208 267,098 597,342
Net income attributable to noncontrolling interests (1,145) (774) (2,710) (6,284)
Net income attributable to common shareholders $ 112,014 $ 76,434 $ 264,388 $ 591,058
Basic net income per common share/unit:        
Continuing operations attributable to common shareholders/unitholders $ 0.32 $ 0.22 $ 0.75 $ 0.49
Discontinued operations attributable to common shareholders/unitholders 0.00 0.00 0.00 1.22
Total 0.32 0.22 0.75 1.71
Diluted net income per common share/unit:        
Continuing operations attributable to common shareholders/unitholders 0.32 0.22 0.75 0.49
Discontinued operations attributable to common shareholders/unitholders 0.00 0.00 0.00 1.21
Total $ 0.32 $ 0.22 $ 0.75 $ 1.70
Weighted average number of common shares/units outstanding 351,856 345,256 348,341 344,986
Weighted average number of common shares/units and potential dilutive securities 358,981 352,150 355,405 352,013
Comprehensive income:        
Net income $ 113,159 $ 77,208 $ 267,098 $ 597,342
Other comprehensive loss:        
Amortization of interest contracts (255) (274) (845) (837)
Other Comprehensive Income, Other, Net of Tax (23) 0 (23) (123)
Total other comprehensive loss (278) (274) (868) (960)
Comprehensive income 112,881 76,934 266,230 596,382
Duke Realty Limited Partnership [Member]        
Revenues:        
Rental and related revenue 206,848 200,938 609,171 617,549
General contractor and service fee revenue 19,351 33,599 68,546 110,320
Revenues, total 226,199 234,537 677,717 727,869
Expenses:        
Rental expenses 26,084 30,137 81,092 96,355
Real estate taxes 31,313 27,702 90,888 86,228
General contractor and other services expenses 17,182 29,694 60,330 98,455
Depreciation and amortization 80,688 79,898 238,647 240,135
Costs and expenses, total 155,267 167,431 470,957 521,173
Other operating activities:        
Equity in earnings (loss) of unconsolidated companies 12,010 (5,088) 37,404 16,281
Gain on dissolution of unconsolidated company 0 0 30,697 0
Promote income 2,212 0 26,299 0
Gain on sale of properties 82,698 71,259 137,589 202,153
Gain on land sales 1,601 1,659 2,438 24,096
Other operating expenses (1,424) (1,467) (3,496) (4,579)
Impairment charges (3,042) (2,426) (15,098) (7,896)
General and administrative expenses (12,534) (11,340) (42,216) (47,582)
Other Operating Activities, Net 81,521 52,597 173,617 182,473
Operating income 152,453 119,703 380,377 389,169
Other income (expenses):        
Interest and other income, net 507 1,343 3,597 3,056
Interest expense (34,606) (41,615) (109,520) (134,576)
Loss on debt extinguishment (6,243) 64 (8,673) (82,589)
Acquisition-related activity (7) (5,660) (82) (6,993)
Income from continuing operations before income taxes 112,104 73,835 265,699 168,067
Income tax benefit 359 3,305 173 4,109
Income from continuing operations 112,463 77,140 265,872 172,176
Discontinued operations:        
Income (loss) before gain on sales 377 (43) 741 10,546
Gain on sale of depreciable properties, net of tax 319 111 485 414,620
Income from discontinued operations 696 68 1,226 425,166
Net income 113,159 77,208 267,098 597,342
Noncontrolling Interest in Net Income (Loss) Joint Venture Partners, NonRedeemable (14) (23) (40) (72)
Net income attributable to common shareholders $ 113,145 $ 77,185 $ 267,058 $ 597,270
Basic net income per common share/unit:        
Continuing operations attributable to common shareholders/unitholders $ 0.32 $ 0.22 $ 0.75 $ 0.49
Discontinued operations attributable to common shareholders/unitholders 0.00 0.00 0.00 1.22
Total 0.32 0.22 0.75 1.71
Diluted net income per common share/unit:        
Continuing operations attributable to common shareholders/unitholders 0.32 0.22 0.75 0.49
Discontinued operations attributable to common shareholders/unitholders 0.00 0.00 0.00 1.21
Total $ 0.32 $ 0.22 $ 0.75 $ 1.70
Weighted average number of common shares/units outstanding 355,351 348,760 351,840 348,595
Weighted average number of common shares/units and potential dilutive securities 358,981 352,150 355,405 352,013
Comprehensive income:        
Net income $ 113,159 $ 77,208 $ 267,098 $ 597,342
Other comprehensive loss:        
Amortization of interest contracts (255) (274) (845) (837)
Other Comprehensive Income, Other, Net of Tax (23) 0 (23) (123)
Total other comprehensive loss (278) (274) (868) (960)
Comprehensive income $ 112,881 $ 76,934 $ 266,230 $ 596,382