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Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenues:    
Rental income $ 108,021 $ 103,875
Tenant reimbursements 25,652 26,513
Property management fee revenue 631 574
Other rental income 0 124
Total revenues 134,304 131,086
Expenses:    
Property operating costs 52,892 51,691
Depreciation 29,420 26,852
Amortization 9,117 12,614
General and administrative 4,549 5,257
Operating Expenses 95,978 96,414
Real estate operating income 38,326 34,672
Other income (expense):    
Interest expense (16,373) (16,537)
Interest and other income (expense) (1,277) 97
Net casualty loss (161) 0
Equity in income of unconsolidated joint ventures 395 170
Nonoperating Income (Expense) (17,416) (16,270)
Income from continuing operations 20,910 18,402
Discontinued operations:    
Operating income 147 999
Impairment loss (6,402) 0
Gain on sale of real estate assets 0 17,830
Income/(loss) from discontinued operations (6,255) 18,829
Net income 14,655 37,231
Less: Net income attributable to noncontrolling interest (4) (4)
Net income attributable to Piedmont $ 14,651 $ 37,227
Per share information – basic and diluted:    
Income from continuing operations (in dollars per share) $ 0.13 $ 0.11
Income/(loss) from discontinued operations (in dollars per share) $ (0.04) $ 0.11
Net income available to common stockholders (in dollars per share) $ 0.09 $ 0.22
Weighted-average common shares outstanding – basic 167,555,407 172,629,748
Weighted-average common shares outstanding – diluted 167,810,319 172,873,930