Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Real estate assets, at cost:
Land	$ 507,369	$ 507,422
Buildings and improvements, less accumulated depreciation of $797,112 and $772,093 as of March 31, 2019 and December 31, 2018, respectively	2,293,629	2,305,096
Intangible lease assets, less accumulated amortization of $91,235 and $87,391 as of March 31, 2019 and December 31, 2018, respectively	71,274	77,676
Construction in progress	13,225	15,848
Real estate assets held for sale, net	0	110,552
Total real estate assets	2,885,497	3,016,594
Cash and cash equivalents	4,625	4,571
Tenant receivables	11,693	10,800
Straight-line rent receivables	167,346	162,589
Restricted cash and escrows	1,433	1,463
Prepaid expenses and other assets	23,529	25,356
Goodwill	98,918	98,918
Interest rate swaps	554	1,199
Deferred lease costs, less accumulated amortization of $192,949 and $183,611 as of March 31, 2019 and December 31, 2018, respectively	239,847	250,148
Other assets held for sale, net	0	20,791
Total assets	3,433,442	3,592,429
Liabilities:
Unsecured debt, net of discount and unamortized debt issuance costs of $9,354 and $9,879 as of March 31, 2019 and December 31, 2018, respectively	1,375,646	1,495,121
Secured debt, net of premiums and unamortized debt issuance costs of $569 and $645 as of March 31, 2019 and December 31, 2018, respectively	190,109	190,351
Accounts payable, accrued expenses and accrued capital expenditures	81,309	102,519
Dividends payable	0	26,972
Deferred income	27,053	28,779
Intangible lease liabilities, less accumulated amortization of $61,382 and $59,144 as of March 31, 2019 and December 31, 2018, respectively	33,360	35,708
Interest rate swaps	2,443	839
Total liabilities	1,709,920	1,880,289
Commitments and Contingencies (Note 6)
Stockholders’ Equity:
Shares-in-trust, 150,000,000 shares authorized; none outstanding as of March 31, 2019 or December 31, 2018	0	0
Preferred stock, no par value, 100,000,000 shares authorized; none outstanding as of March 31, 2019 or December 31, 2018	0	0
Common stock, $.01 par value, 750,000,000 shares authorized; 125,597,374 and 126,218,554 shares issued and outstanding as of March 31, 2019 and December 31, 2018, respectively	1,256	1,262
Additional paid-in capital	3,686,017	3,683,186
Cumulative distributions in excess of earnings	(1,971,184)	(1,982,542)
Other comprehensive income	5,667	8,462
Piedmont stockholders’ equity	1,721,756	1,710,368
Noncontrolling interest	1,766	1,772
Total stockholders’ equity	1,723,522	1,712,140
Total liabilities and stockholders’ equity	$ 3,433,442	$ 3,592,429