Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Schedule of Tax Basis Income

Piedmont’s income tax basis net income for the years ended December 31, 2016, 2015, and 2014, is calculated as follows (in thousands):

	(Restated)			(Restated)			(Revised)
	2016			2015			2014
GAAP basis financial statement net income	$	99,732		$	131,304		$	42,150
Increase (decrease) in net income resulting from:
Depreciation and amortization expense recognized for financial reporting purposes in excess of amounts recognized for income tax purposes	69,214			(1,717		)	50,810
Rental income accrued for income tax purposes less than amounts for financial reporting purposes	(18,964		)	(12,123		)	(28,504		)
Net amortization of above/below-market lease intangibles for income tax purposes in excess of amounts for financial reporting purposes	(4,895		)	(4,614		)	(4,705		)
Gain on disposal of property for financial reporting purposes in excess of amounts for income tax purposes	(118,713		)	(43,493		)	(28,360		)
Taxable income/(loss) of Piedmont Washington Properties, Inc., in excess of amount for financial reporting purposes	(1,042		)	2,491			(468		)
Other expenses, including impairment loss on real estate assets, for financial reporting purposes in excess of amounts for income tax purposes	42,019			54,425			5,727
Taxable income for Piedmont Office Holdings, Inc. in excess of amount for financial reporting purposes	648			—			—
Income tax basis net income, prior to dividends paid deduction	$	67,999		$	126,273		$	36,650

Schedule of Characterization Of Dividends To Common Stockholders

For income tax purposes, dividends to common stockholders are characterized as ordinary income, capital gains, or as a return of a stockholder’s invested capital. The composition of Piedmont’s distributions per common share is presented below:

	2016		2015		2014
Ordinary income	81.77	%	31.75	%	29.32	%
Return of capital	18.23	%	—	%	70.68	%
Capital gains	—	%	68.25	%	—	%
	100	%	100	%	100	%