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Quarterly Results (unaudited) (Tables)
 12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
A summary of the unaudited quarterly financial information for the years ended December 31, 2016 (restated), 2015 (restated), and 2014 (revised) is presented below (in thousands, except per-share data):

 
2016
Statement of Income Data:
First
 
Second
 
Third
 
Fourth
Revenues
$
138,012

 
$
135,307

 
$
138,485

 
$
143,911

Impairment loss on real estate assets
$
—

 
$
10,950

 
$
22,951

 
$
—

Real estate operating income
$
26,372

 
$
14,791

 
$
2,988

 
$
26,633

Income/(loss) from continuing operations
$
10,396

 
$
(1,553
)
 
$
(13,065
)
 
$
10,529

Income/(loss) from discontinued operations
$
—

 
$
(1
)
 
$
1

 
$
—

Gain/(loss) on sale of real estate assets
$
(20
)
 
$
73,835

 
$
(57
)
 
$
19,652

Net Income
$
10,376

 
$
72,281

 
$
(13,121
)
 
$
30,181

Net income/(loss) applicable to Piedmont
$
10,372

 
$
72,278

 
$
(13,107
)
 
$
30,189

Per-Share Data:
 
 
 
 
 
 
 
Basic and diluted earnings/(loss) per share
$
0.07

 
$
0.50

 
$
(0.09
)
 
$
0.21

Dividends declared per share
$
0.21

 
$
0.21

 
$
0.21

 
$
0.21

Balance Sheet Data:
 
 
 
 
 
 
 
Goodwill
$
104,786

 
$
99,278

 
$
98,918

 
$
98,918

Other assets held for sale, net
$
11,236

 
$
8,761

 
$
—

 
$
—

Total assets
$
4,281,993

 
$
4,217,680

 
$
4,307,118

 
$
4,368,168

Total debt, net (unsecured and secured debt)
$
2,002,918

 
$
1,884,314

 
$
1,994,078

 
$
2,020,475

Cumulative distributions in excess of earnings
$
(1,578,728
)
 
$
(1,536,948
)
 
$
(1,580,553
)
 
$
(1,580,863
)
Piedmont stockholders' equity
$
2,085,610

 
$
2,124,870

 
$
2,085,906

 
$
2,095,821

Total stockholders' equity
$
2,086,639

 
$
2,125,895

 
$
2,087,804

 
$
2,097,703

Total liabilities and stockholders' equity
$
4,281,993

 
$
4,217,680

 
$
4,307,118

 
$
4,368,168



 
2015
Statement of Income Data:
First
 
Second
 
Third
 
Fourth
Revenues
$
149,759

 
$
146,734

 
$
148,815

 
$
139,461

Impairment loss on real estate assets
$
—

 
$
6,196

 
$
37,105

 
$
—

Real estate operating income
$
28,214

 
$
19,983

 
$
(3,424
)
 
$
28,938

Income/(loss) from continuing operations
$
9,176

 
$
2,531

 
$
(21,318
)
 
$
11,164

Income/(loss) from discontinued operations
$
—

 
$
(3
)
 
$
14

 
$
72

Gain on sale of real estate assets
$
8,940

 
$
21,520

 
$
14,796

 
$
84,427

Net income/(loss)
$
18,116

 
$
24,048

 
$
(6,508
)
 
$
95,663

Net income/(loss) applicable to Piedmont
$
18,112

 
$
24,044

 
$
(6,512
)
 
$
95,660

Per-Share Data:
 
 
 
 
 
 
 
Basic and diluted earnings/(loss) per share
$
0.12

 
$
0.15

 
$
(0.05
)
 
$
0.65

Dividends declared per share
$
0.21

 
$
0.21

 
$
0.21

 
$
0.21

Balance Sheet Data:
 
 
 
 
 
 
 
Goodwill
$
145,340

 
$
139,407

 
$
134,770

 
$
104,786

Other assets held for sale, net
$
9,703

 
$
9,938

 
$
10,038

 
$
10,777

Total assets
$
4,780,000

 
$
4,735,408

 
$
4,689,613

 
$
4,361,511

Total debt, net (unsecured and secured debt)
$
2,318,717

 
$
2,312,804

 
$
2,421,099

 
$
2,029,510

Cumulative distributions in excess of earnings
$
(1,411,258
)
 
$
(1,465,715
)
 
$
(1,613,418
)
 
$
(1,550,698
)
Piedmont stockholders' equity
$
2,252,423

 
$
2,216,423

 
$
2,048,669

 
$
2,122,395

Total stockholders' equity
$
2,253,452

 
$
2,217,448

 
$
2,049,698

 
$
2,123,420

Total liabilities and stockholders' equity
$
4,780,000

 
$
4,735,408

 
$
4,689,613

 
$
4,361,511




 
2014
Statement of Income Data:
First
 
Second
 
Third
 
Fourth
Revenues
$
136,320

 
$
138,580

 
$
144,641

 
$
146,711

Real estate operating income
$
25,277

 
$
26,556

 
$
27,199

 
$
28,789

Income from continuing operations
$
9,037

 
$
9,325

 
$
9,150

 
$
12,567

Income/(loss) from discontinued operations
$
360

 
$
882

 
$
16

 
$
(42
)
Gain/(loss) on sale of real estate assets
$
—

 
$
878

 
$
—

 
$
(8
)
Net Income
$
9,397

 
$
11,085

 
$
9,166

 
$
12,517

Net income applicable to Piedmont
$
9,393

 
$
11,081

 
$
9,162

 
$
12,514

Per-Share Data:
 
 
 
 
 
 
 
Basic and diluted earnings per share
$
0.06

 
$
0.07

 
$
0.06

 
$
0.08

Dividends declared per share
$
0.20

 
$
0.20

 
$
0.20

 
$
0.21