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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues:    
Rental and tenant reimbursement revenue $ 126,166 $ 124,448
Total revenues 132,936 129,900
Expenses:    
Property operating costs 51,805 51,859
Depreciation 26,525 27,145
Amortization 17,700 16,733
General and administrative 9,368 6,552
Operating expenses 105,398 102,289
Other income (expense):    
Interest expense (15,493) (13,758)
Other income 277 446
Loss on extinguishment of debt 0 (1,680)
Gain on sale of real estate assets 37,887 45,209
Net income 50,209 57,828
Net (income)/loss applicable to noncontrolling interest (1) 2
Net income applicable to Piedmont $ 50,208 $ 57,830
Per share information – basic:    
Net income applicable to common stockholders (in dollars per share) $ 0.40 $ 0.43
Per share information – diluted:    
Net income applicable to common stockholds (in dollars per share) $ 0.40 $ 0.42
Weighted-average common shares outstanding – basic (in shares) 125,573,528 135,876,652
Weighted-average common shares outstanding – diluted (in shares) 126,180,558 136,182,728
Property management fee revenue    
Revenues:    
Property management and other property related revenue $ 1,992 $ 309
Other property related income    
Revenues:    
Property management and other property related revenue $ 4,778 $ 5,143