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Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues:    
Rental and related revenue $ 258,179 $ 218,755
General contractor and service fee revenue 31,113 7,614
Revenues, total 289,292 226,369
Expenses:    
Rental expenses 28,130 18,843
Real estate taxes 41,170 36,727
General contractor and other services expenses 29,463 6,568
Depreciation and amortization 93,573 85,359
Costs and expenses, total 192,336 147,497
Other operating activities:    
Equity in earnings of unconsolidated joint ventures 16,268 2,539
Gain on sale of properties 21,360 8,937
Gain on land sales 1,238 135
Other operating expenses (1,145) (1,112)
Impairment charges 0 (5,626)
Non-incremental costs related to successful leases (2,958) (2,525)
General and administrative expenses (24,217) (21,763)
Other Operating Activities, Net 10,546 (19,415)
Operating income 107,502 59,457
Other income (expenses):    
Interest and other income, net 463 1,395
Interest expense (22,507) (23,494)
Loss on debt extinguishment (70) (17,806)
Income from continuing operations before income taxes 85,388 19,552
Income tax (expense) benefit (5,184) 60
Income from continuing operations 80,204 19,612
Discontinued operations:    
Gain on sale of properties 0 48
Income from discontinued operations 0 48
Net income 80,204 19,660
Net income attributable to noncontrolling interests (842) (204)
Net income attributable to common shareholders $ 79,362 $ 19,456
Basic net income per common share/unit:    
Continuing operations attributable to common shareholders/unitholders $ 0.21 $ 0.05
Diluted net income per common share/unit:    
Continuing operations attributable to common shareholders/unitholders $ 0.21 $ 0.05
Weighted average number of common shares/units outstanding 373,667 368,190
Weighted average number of common shares/units and potential dilutive securities 377,744 371,870
Comprehensive income:    
Net income $ 80,204 $ 19,660
Amortization of interest rate swap contracts 889 801
Comprehensive income 81,093 20,461
Duke Realty Limited Partnership [Member]    
Revenues:    
Rental and related revenue 258,179 218,755
General contractor and service fee revenue 31,113 7,614
Revenues, total 289,292 226,369
Expenses:    
Rental expenses 28,130 18,843
Real estate taxes 41,170 36,727
General contractor and other services expenses 29,463 6,568
Depreciation and amortization 93,573 85,359
Costs and expenses, total 192,336 147,497
Other operating activities:    
Equity in earnings of unconsolidated joint ventures 16,268 2,539
Gain on sale of properties 21,360 8,937
Gain on land sales 1,238 135
Other operating expenses (1,145) (1,112)
Impairment charges 0 (5,626)
Non-incremental costs related to successful leases (2,958) (2,525)
General and administrative expenses (24,217) (21,763)
Other Operating Activities, Net 10,546 (19,415)
Operating income 107,502 59,457
Other income (expenses):    
Interest and other income, net 463 1,395
Interest expense (22,507) (23,494)
Loss on debt extinguishment (70) (17,806)
Income from continuing operations before income taxes 85,388 19,552
Income tax (expense) benefit (5,184) 60
Income from continuing operations 80,204 19,612
Discontinued operations:    
Gain on sale of properties 0 48
Income from discontinued operations 0 48
Net income 80,204 19,660
Net income attributable to noncontrolling interests (81) (34)
Net income attributable to common shareholders $ 80,123 $ 19,626
Basic net income per common share/unit:    
Continuing operations attributable to common shareholders/unitholders $ 0.21 $ 0.05
Diluted net income per common share/unit:    
Continuing operations attributable to common shareholders/unitholders $ 0.21 $ 0.05
Weighted average number of common shares/units outstanding 377,242 371,414
Weighted average number of common shares/units and potential dilutive securities 377,744 371,870
Comprehensive income:    
Net income $ 80,204 $ 19,660
Amortization of interest rate swap contracts 889 801
Comprehensive income $ 81,093 $ 20,461