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Segment Information
 12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Segment Information Segment Information
Piedmont's President and Chief Executive Officer has been identified as Piedmont's chief operating decision maker ("CODM"), as defined by GAAP. The CODM evaluates Piedmont's portfolio and assesses the ongoing operations and performance of its properties utilizing the following geographic segments: Atlanta, Dallas, Washington, D.C./Northern Virginia, Boston, Orlando, Minneapolis, and New York. These operating segments are also Piedmont’s reportable segments. As of December 31, 2022, Piedmont also owned two properties in Houston that do not meet the definition of an operating or reportable segment as the CODM does not regularly review these properties for purposes of allocating resources or assessing performance. Further, Piedmont does not maintain a significant presence or anticipate further investment in this market. These two properties are the primary contributors to accrual-based net operating income ("NOI") included in "Other" below. During the periods presented, there have been no material inter segment transactions. The accounting policies of the reportable segments are the same as Piedmont's accounting policies.

Accrual-based net operating income ("NOI") by geographic segment is the primary performance measure reviewed by Piedmont's CODM to assess operating performance and consists only of revenues and expenses directly related to real estate rental operations. NOI is calculated by deducting property operating costs from lease revenues and other property related income. NOI reflects property acquisitions and dispositions, occupancy levels, rental rate increases or decreases, and the
recoverability of operating expenses. Piedmont's calculation of NOI may not be directly comparable to similarly titled measures calculated by other REITs.

Asset value information and capital expenditures by segment are not reported because the CODM does not use these measures to assess performance.

The following table presents accrual-based lease revenue and other property related income included in NOI by geographic reportable segment (in thousands):

Years Ended December 31,
202220212020
Atlanta$131,230 $98,330 $95,403 
Dallas109,298 110,729 101,727 
Washington, D.C./Northern Virginia63,534 60,329 59,760 
Minneapolis61,530 61,563 61,465 
Boston59,212 65,445 61,338 
Orlando58,203 54,603 54,886 
New York56,189 52,454 69,827 
Total reportable segments539,196 503,453 504,406 
Other24,570 25,257 30,618 
Total Revenues$563,766 $528,710 $535,024 

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

Years Ended December 31,
202220212020
Atlanta$82,878 $62,772 $60,276 
Dallas62,444 66,155 59,845 
Washington, D.C./Northern Virginia39,994 36,914 36,696 
Boston39,101 45,587 41,722 
Orlando35,327 33,449 34,427 
Minneapolis31,886 32,538 33,588 
New York31,252 30,049 38,990 
Total reportable segments322,882 307,464 305,544 
Other14,685 10,163 13,915 
Total NOI$337,567 $317,627 $319,459 
A reconciliation of Net income/(loss) applicable to Piedmont to NOI is presented below (in thousands):

Years Ended December 31,
202220212020
Net income/(loss) applicable to Piedmont$146,830 $(1,153)$232,688 
Management fee revenue (1)
(1,004)(1,269)(1,495)
Depreciation and amortization224,553 206,608 203,869 
Impairment losses25,981 41,000 — 
General and administrative expenses29,127 30,252 27,464 
Interest expense65,656 51,292 54,990 
Other income(1,847)(9,089)(1,724)
Loss on extinguishment of debt— — 9,336 
Gain on sale of real estate assets(151,729)— (205,666)
Net loss applicable to noncontrolling interests— (14)(3)
NOI$337,567 $317,627 $319,459 

(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 operations.