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Debt (Narrative) (Details)
3 Months Ended 6 Months Ended
Jun. 30, 2015
USD ($)
Jun. 30, 2014
USD ($)
Jun. 30, 2015
USD ($)
period
Jun. 30, 2014
USD ($)
Debt Instrument [Line Items]        
Interest payments on debt facilities $ 18,300,000 $ 16,700,000 $ 38,700,000 $ 33,200,000
Capitalized interest 900,000 $ 500,000 $ 1,700,000 $ 800,000
$170 Million Unsecured 2015 Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member]        
Debt Instrument [Line Items]        
Basis spread on variable rate     1.125%  
$170 Million Unsecured 2015 Term Loan [Member] | Minimum [Member] | London Interbank Offered Rate (LIBOR) [Member]        
Debt Instrument [Line Items]        
Basis spread on variable rate     0.90%  
$170 Million Unsecured 2015 Term Loan [Member] | Maximum [Member] | London Interbank Offered Rate (LIBOR) [Member]        
Debt Instrument [Line Items]        
Basis spread on variable rate     1.75%  
Bridge Loan [Member] | $50 Million Unsecured Term Loan [Member]        
Debt Instrument [Line Items]        
Face amount of debt instrument 50,000,000   $ 50,000,000  
Unsecured Debt [Member] | $500 Million Unsecured Line of Credit [Member]        
Debt Instrument [Line Items]        
Net borrowings     257,000,000  
Repayments     386,000,000  
Unsecured Debt [Member] | $170 Million Unsecured 2015 Term Loan [Member]        
Debt Instrument [Line Items]        
Face amount of debt instrument 170,000,000   $ 170,000,000  
Term of loan     3 years  
Unsecured Debt [Member] | $170 Million Unsecured 2015 Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member]        
Debt Instrument [Line Items]        
Basis spread on variable rate [1],[2]     1.125%  
Unsecured Debt [Member] | $50 Million Unsecured Term Loan [Member]        
Debt Instrument [Line Items]        
Face amount of debt instrument 50,000,000   $ 50,000,000  
Unsecured Debt [Member] | $50 Million Unsecured Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member]        
Debt Instrument [Line Items]        
Basis spread on variable rate [2]     1.15%  
Secured Debt [Member] | $160 Million Fixed Rate Loan [Member]        
Debt Instrument [Line Items]        
Face amount of debt instrument $ 160,000,000   $ 160,000,000  
Term of loan     7 years  
Rate [3] 3.48%   3.48%  
Period for written notice to prepay outstanding principal balance     30 days  
Period from maturity date with no prepayment penalty     90 days  
Line of Credit [Member] | Unsecured Debt [Member] | London Interbank Offered Rate (LIBOR), One Month [Member]        
Debt Instrument [Line Items]        
Duration of interest period     1 month  
Line of Credit [Member] | Unsecured Debt [Member] | London Interbank Offered Rate (LIBOR), Two Months [Member]        
Debt Instrument [Line Items]        
Duration of interest period     2 months  
Line of Credit [Member] | Unsecured Debt [Member] | London Interbank Offered Rate (LIBOR), Three Months [Member]        
Debt Instrument [Line Items]        
Duration of interest period     3 months  
Line of Credit [Member] | Unsecured Debt [Member] | London Interbank Offered Rate (LIBOR), Six Months [Member]        
Debt Instrument [Line Items]        
Duration of interest period     6 months  
Line of Credit [Member] | Unsecured Debt [Member] | Minimum [Member] | London Interbank Offered Rate (LIBOR) [Member]        
Debt Instrument [Line Items]        
Duration of interest period     1 month  
Line of Credit [Member] | Unsecured Debt [Member] | Maximum [Member] | London Interbank Offered Rate (LIBOR) [Member]        
Debt Instrument [Line Items]        
Duration of interest period     1 year  
Line of Credit [Member] | Unsecured Debt [Member] | $500 Million Unsecured Line of Credit [Member]        
Debt Instrument [Line Items]        
Amount of line of credit $ 500,000,000   $ 500,000,000  
Face amount of debt instrument 500,000,000   $ 500,000,000  
Line of Credit [Member] | Unsecured Debt [Member] | $500 Million Unsecured Line of Credit [Member] | London Interbank Offered Rate (LIBOR) [Member]        
Debt Instrument [Line Items]        
Basis spread on variable rate [2]     1.175%  
Line of Credit [Member] | Unsecured Debt [Member] | $500 Million Unsecured 2015 Line of Credit [Member]        
Debt Instrument [Line Items]        
Amount of line of credit 500,000,000   $ 500,000,000  
Face amount of debt instrument 500,000,000   $ 500,000,000  
Term of loan     4 years  
Maximum extension period     1 year  
Number of extension periods | period     2  
Extension period     6 months  
Additional increase to new facility under certain terms of the agreement 500,000,000   $ 500,000,000  
Aggregate size of new facility $ 1,000,000,000   $ 1,000,000,000  
Unencumbered interest coverage ratio 1.75   1.75  
Unencumbered leverage ratio 1.60   1.60  
Fixed charge coverage ratio 1.50   1.50  
Leverage ratio 0.60   0.60  
Secured debt ratio 0.40   0.40  
Line of Credit [Member] | Unsecured Debt [Member] | $500 Million Unsecured 2015 Line of Credit [Member] | Federal Funds Rate [Member]        
Debt Instrument [Line Items]        
Basis spread on variable rate     0.50%  
Line of Credit [Member] | Unsecured Debt [Member] | $500 Million Unsecured 2015 Line of Credit [Member] | London Interbank Offered Rate (LIBOR) [Member]        
Debt Instrument [Line Items]        
Basis spread on variable rate [2],[4]     1.00%  
Line of Credit [Member] | Unsecured Debt [Member] | $500 Million Unsecured 2015 Line of Credit [Member] | Minimum [Member] | London Interbank Offered Rate (LIBOR) [Member]        
Debt Instrument [Line Items]        
Basis spread on variable rate     0.875%  
Line of Credit [Member] | Unsecured Debt [Member] | $500 Million Unsecured 2015 Line of Credit [Member] | Maximum [Member] | London Interbank Offered Rate (LIBOR) [Member]        
Debt Instrument [Line Items]        
Basis spread on variable rate     1.55%  
Swing Line Sub Facility [Member] | Unsecured Debt [Member] | $500 Million Unsecured 2015 Line of Credit [Member]        
Debt Instrument [Line Items]        
Amount of line of credit $ 50,000,000   $ 50,000,000  
[1] On a periodic basis, Piedmont may select from multiple interest rate options, including the prime rate and various-length LIBOR locks. All LIBOR selections are subject to an additional spread (1.125% as of June 30, 2015) over the selected rate based on Piedmont’s current credit rating. The principal balance as of June 30, 2015 consisted of the 30-day LIBOR rate of 0.19% (subject to the additional spread mentioned above).
[2] Other than the $35 Million Fixed-Rate Loan, all of Piedmont’s outstanding debt as of June 30, 2015 and December 31, 2014 is interest-only.
[3] The $160 Million Fixed-Rate Loan has a fixed coupon rate of 3.48%, however, after consideration of the impact of settled interest rate swap agreements, the effective interest rate on this debt is 3.58%.
[4] Piedmont may select from multiple interest rate options with each draw, including the prime rate and various-length LIBOR locks. All LIBOR selections are subject to an additional spread (1.00% as of June 30, 2015) over the selected rate based on Piedmont’s current credit rating. The outstanding balance as of June 30, 2015 consisted of 30-day LIBOR draws at a rate of 0.19% (subject to the additional spread mentioned above).