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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Statement of Comprehensive Income [Abstract]        
Net income/(loss) applicable to Piedmont $ 126,133 $ (13,107) $ 164,947 $ 69,543
Other comprehensive income/(loss):        
Effective portion of gain/(loss) on derivative instruments that are designated and qualify as cash flow hedges (See Note 5) 175 2,847 307 (12,182)
Plus: Reclassification of previously recorded loss included in net income (See Note 5) 653 1,045 2,936 3,291
Gain on investment in available for sale securities 25 7 53 19
Other comprehensive income/(loss) 853 3,899 3,296 (8,872)
Comprehensive income/(loss) applicable to Piedmont $ 126,986 $ (9,208) $ 168,243 $ 60,671