Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Real estate assets, at cost:
Land	$ 578,722	$ 529,941
Buildings and improvements, less accumulated depreciation of $926,357 and $861,206 as of September 30, 2022 and December 31, 2021, respectively	2,825,365	2,513,697
Intangible lease assets, less accumulated amortization of $88,721 and $83,777 as of September 30, 2022 and December 31, 2021, respectively	123,527	94,380
Construction in progress	44,977	43,406
Real estate assets held for sale, net	0	63,887
Total real estate assets	3,572,591	3,245,311
Cash and cash equivalents	10,653	7,419
Tenant receivables, net of allowance for doubtful accounts of $2,000 and $4,000 as of September 30, 2022 and December 31, 2021, respectively	7,796	2,995
Straight-line rent receivables	173,122	162,632
Notes receivable	0	118,500
Restricted cash and escrows	2,191	1,441
Prepaid expenses and other assets	23,925	20,485
Goodwill	98,918	98,918
Interest rate swaps	3,760	0
Deferred lease costs, less accumulated amortization of $218,399 and $205,100 as of September 30, 2022 and December 31, 2021, respectively	292,537	264,571
Other assets held for sale, net	0	8,393
Total assets	4,185,493	3,930,665
Liabilities:
Unsecured debt, net of discount and unamortized debt issuance costs of $13,592 and $12,210 as of September 30, 2022 and December 31, 2021, respectively	1,948,408	1,877,790
Secured debt	197,000	0
Accounts payable, accrued expenses and accrued capital expenditures	111,262	114,453
Dividends payable	0	26,048
Deferred income	70,798	80,686
Intangible lease liabilities, less accumulated amortization of $38,636 and $35,880 as of September 30, 2022 and December 31, 2021, respectively	60,694	39,341
Interest rate swaps	0	4,924
Total liabilities	2,388,162	2,143,242
Commitments and Contingencies (Note 7)	0	0
Stockholders’ Equity:
Shares-in-trust, 150,000,000 shares authorized; none outstanding as of September 30, 2022 or December 31, 2021	0	0
Preferred stock, no par value, 100,000,000 shares authorized; none outstanding as of September 30, 2022 or December 31, 2021	0	0
Common stock, $0.01 par value, 750,000,000 shares authorized; 123,395,381 and 123,076,695 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively	1,234	1,231
Additional paid-in capital	3,709,234	3,701,798
Cumulative distributions in excess of earnings	(1,905,544)	(1,899,081)
Accumulated other comprehensive loss	(9,194)	(18,154)
Piedmont stockholders’ equity	1,795,730	1,785,794
Noncontrolling interest	1,601	1,629
Total stockholders’ equity	1,797,331	1,787,423
Total liabilities and stockholders’ equity	$ 4,185,493	$ 3,930,665