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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Rental and tenant reimbursement revenue $ 131,912 $ 125,912
Total revenues 136,149 129,257
Expenses:    
Property operating costs 53,622 51,424
Depreciation 31,515 28,103
Amortization 22,252 22,912
General and administrative 7,595 7,251
Expenses 114,984 109,690
Other income (expense):    
Interest expense (13,898) (12,580)
Other income 2,024 2,356
Gain on sale of real estate assets 50,673 0
Nonoperating income (expense) 38,799 (10,224)
Net income 59,964 9,343
Net loss applicable to noncontrolling interest 0 1
Net income applicable to Piedmont $ 59,964 $ 9,344
Per share information – basic and diluted:    
Net income applicable to common stockholders basic (in dollars per share) $ 0.49 $ 0.08
Net income applicable to common stockholders diluted (in dollars per share) $ 0.49 $ 0.08
Weighted-average common shares outstanding – basic (in shares) 123,225,145 123,945,972
Weighted-average common shares outstanding – diluted (in shares) 123,509,990 124,449,731
Property management fee revenue    
Revenues:    
Property management and other property related revenue $ 651 $ 758
Other property related income    
Revenues:    
Property management and other property related revenue $ 3,586 $ 2,587