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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues:      
Rental income $ 468,872 $ 454,635 $ 443,106
Tenant reimbursements 113,881 109,548 104,253
Property management fee revenue 2,016 2,069 2,251
Total revenues 584,769 566,252 549,610
Expenses:      
Property operating costs 242,000 239,436 220,779
Depreciation 134,503 138,596 120,980
Amortization 60,886 56,579 45,090
Impairment loss on real estate assets 40,169 0 0
General and administrative 30,368 23,820 21,881
Operating Expenses 507,926 458,431 408,730
Real estate operating income 76,843 107,821 140,880
Other income (expense):      
Interest expense (73,998) (74,446) (73,583)
Other income/(expense) 1,565 62 (2,336)
Net recoveries/(loss) from casualty events and litigation settlements (278) 6,992 11,811
Equity in income/(loss) of unconsolidated joint ventures 553 (350) (3,676)
Loss on consolidation 0 0 (898)
Nonoperating Income (Expense) (72,158) (67,742) (68,682)
Income from continuing operations 4,685 40,079 72,198
Discontinued operations:      
Operating income 84 954 2,897
Impairment loss on real estate assets 0 0 (7,644)
Gain/(loss) on sale of real estate assets (1) 1,198 31,292
Income from discontinued operations 83 2,152 26,545
Gain on sale of real estate assets 168,237 1,132 0
Net income 173,005 43,363 98,743
Less: Net income attributable to noncontrolling interest (15) (15) (15)
Net income attributable to Piedmont $ 172,990 $ 43,348 $ 98,728
Per share information— basic and diluted:      
Income from continuing operations and gain on sale of real estate assets (in dollars per share) $ 1.15 $ 0.27 $ 0.44
Income from discontinued operations (in dollars per share) 0.00 0.01 0.16
Net income available to common stockholders (in dollars per share) $ 1.15 $ 0.28 $ 0.60
Weighted-average shares outstanding - basic (in shares) 150,537,757 154,452,121 165,012,713
Weighted-average shares outstanding - diluted (in shares) 150,880,116 154,585,273 165,137,482