XML 51 R23.htm IDEA: XBRL DOCUMENT v2.4.1.9
Acquisitions (Tables)
3 Months Ended
Mar. 31, 2015
Business Combinations [Abstract]  
Schedule of Business Acquisitions, by Acquisition
During the three months ended March 31, 2015, Piedmont acquired 100% ownership of the following property using proceeds from the $500 Million Unsecured Line of Credit, proceeds from the sale of the 3900 Dallas Parkway building in Plano, Texas (see Note 9), and cash on hand, as noted below:

Property
 
Metropolitan Statistical Area
 
Date of Acquisition
 
Rentable Square Feet
 
Percentage Leased as of Acquisition
 
Purchase Price
 (in millions)
Park Place on Turtle Creek
 
Dallas, TX
 
January 16, 2015
 
177,844

 
88
%
 
$
46.6