Segment Information (Tables)

12 Months Ended

Dec. 31, 2020

Schedule of Revenue and Net Operating Income, by Segment

The following table presents revenues included in NOI by geographic reportable segments (in thousands):


	Years Ended December 31,
	2020		2019		2018
Dallas	$	101,727	$	55,346	$	54,382
Atlanta	95,403		75,699		62,282
Washington, D.C.	59,760		64,481		68,404
Minneapolis	61,465		64,318		57,711
Boston	61,338		64,739		54,648
Orlando	54,886		57,084		55,440
New York	69,827		75,587		71,733
Total reportable segments	504,406		457,254		424,600
Corporate and other	30,618		75,924		101,367
Total Revenues	$	535,024	$	533,178	$	525,967

The following table presents NOI by geographic reportable segments (in thousands):


	Years Ended December 31,
	2020		2019		2018
Dallas	$	59,845	$	29,438	$	29,286
Atlanta	60,276		47,287		38,660
Washington, D.C.	36,696		41,167		41,565
Minneapolis	33,588		35,610		30,402
Boston	41,722		44,016		37,887
Orlando	34,427		35,433		35,067
New York	38,990		44,036		40,622
Total reportable segments	305,544		276,987		253,489
Corporate and other	13,915		43,637		63,649
Total NOI	$	319,459	$	320,624	$	317,138

A reconciliation of Net income applicable to Piedmont to NOI is presented below (in thousands):


	Years Ended December 31,
	2020		2019		2018
Net income applicable to Piedmont	$	232,688	$	229,261	$	130,296
Management fee revenue (1)	(1,495)		(2,518)		(712)



Depreciation and amortization	203,869		182,682		171,252
Impairment loss on real estate assets	—		8,953		—


General and administrative expenses	27,464		37,895		29,713
Interest expense	54,990		61,594		61,023
Other income	(1,724)		(228)		(418)
Loss on extinguishment of debt	9,336		—		1,680
Gain on sale of real estate assets	(205,666)		(197,010)		(75,691)
Net loss applicable to noncontrolling interests	(3)		(5)		(5)
NOI	$	319,459	$	320,624	$	317,138

(1)Presented net of related operating expenses incurred to earn such management fee revenue. Such operating expenses are a component of property operating costs in the accompanying consolidated statements of income.