Quarterly Results (unaudited) (Tables)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Information

A summary of the unaudited quarterly financial information for the years ended December 31, 2019 and 2018, is presented below (in thousands, except per-share data):

	2019
	First		Second		Third		Fourth
Revenues	$	132,936	$	130,668	$	135,421	$	134,153
Gain on sale of real estate assets	$	37,887	$	1,451	$	32	$	157,640
Net income	$	50,209	$	8,152	$	8,419	$	162,476
Net income applicable to Piedmont	$	50,208	$	8,153	$	8,422	$	162,478
Basic and diluted earnings per share	$	0.40	$	0.06	$	0.07	$	1.29
Dividends declared per share	$	0.21	$	0.21	$	0.21	$	0.21

	2018
	First		Second		Third		Fourth
Revenues	$	129,900	$	129,174	$	129,708	$	137,185
Gain/(loss) on sale of real estate assets	$	45,209	$	(23)	$	—	$	30,505
Net income	$	57,828	$	10,940	$	16,114	$	45,409
Net income applicable to Piedmont	$	57,830	$	10,942	$	16,114	$	45,410
Basic earnings per share	$	0.43	$	0.09	$	0.13	$	0.35
Diluted earnings per share	$	0.42	$	0.09	$	0.13	$	0.35
Dividends declared per share	$	0.21	$	0.21	$	0.21	$	0.21