Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Real estate assets, at cost:
Land	$ 521,789	$ 529,941
Buildings and improvements, less accumulated depreciation of $863,306 and $861,206 as of March 31, 2022 and December 31, 2021, respectively	2,488,501	2,513,697
Intangible lease assets, less accumulated amortization of $86,664 and $83,777 as of March 31, 2022 and December 31, 2021, respectively	86,353	94,380
Construction in progress	50,719	43,406
Real estate assets held for sale, net	0	63,887
Total real estate assets	3,147,362	3,245,311
Cash and cash equivalents	7,211	7,419
Tenant receivables, net of allowance for doubtful accounts of $4,000 as of March 31, 2022 and December 31, 2021	3,095	2,995
Straight-line rent receivables	164,776	162,632
Notes receivable	0	118,500
Restricted cash and escrows	1,457	1,441
Prepaid expenses and other assets	21,318	20,485
Goodwill	98,918	98,918
Deferred lease costs, less accumulated amortization of $210,731 and $205,100 as of March 31, 2022 and December 31, 2021, respectively	255,503	264,571
Other assets held for sale, net	0	8,393
Total assets	3,699,640	3,930,665
Liabilities:
Unsecured debt, net of discount and unamortized debt issuance costs of $11,447 and $12,210 as of March 31, 2022 and December 31, 2021, respectively	1,669,553	1,877,790
Accounts payable, accrued expenses and accrued capital expenditures	83,609	114,453
Dividends payable	0	26,048
Deferred income	79,493	80,686
Intangible lease liabilities, less accumulated amortization of $37,349 and $35,880 as of March 31, 2022 and December 31, 2021, respectively	36,077	39,341
Interest rate swaps	434	4,924
Total liabilities	1,869,166	2,143,242
Commitments and Contingencies (Note 6)	0	0
Stockholders’ Equity:
Shares-in-trust, 150,000,000 shares authorized; none outstanding as of March 31, 2022 or December 31, 2021	0	0
Preferred stock, no par value, 100,000,000 shares authorized; none outstanding as of March 31, 2022 or December 31, 2021	0	0
Common stock, $0.01 par value, 750,000,000 shares authorized; 123,330,862 and 123,076,695 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively	1,233	1,231
Additional paid-in capital	3,706,207	3,701,798
Cumulative distributions in excess of earnings	(1,865,016)	(1,899,081)
Accumulated other comprehensive loss	(13,573)	(18,154)
Piedmont stockholders’ equity	1,828,851	1,785,794
Noncontrolling interest	1,623	1,629
Total stockholders’ equity	1,830,474	1,787,423
Total liabilities and stockholders’ equity	$ 3,699,640	$ 3,930,665