Segment Information (Tables)

3 Months Ended

Mar. 31, 2023

Schedule of Revenue and Net Operating Income, by Segment

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


	Three Months Ended
		March 31, 2023		March 31, 2022
Atlanta		$	39,217	$	29,268
Dallas		28,282		27,085
Orlando		15,414		13,906
Washington, D.C./Northern Virginia		14,899		15,606
Minneapolis		14,961		15,109
New York		13,485		13,875
Boston		10,251		15,365
Total reportable segments		136,509		130,214
Other		5,858		5,935
Total Revenues		$	142,367	$	136,149

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


	Three Months Ended
		March 31, 2023		March 31, 2022
Atlanta		$	25,186	$	18,555
Dallas		15,776		16,099
Orlando		9,265		8,499
Washington, D.C./Northern Virginia		8,980		10,047
Minneapolis		8,222		7,914
New York		7,371		7,757
Boston		6,333		10,473
Total reportable segments		81,133		79,344
Other		3,366		3,037
Total NOI		$	84,499	$	82,381

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


	Three Months Ended
		March 31, 2023		March 31, 2022
Net income/(loss) applicable to Piedmont		$	(1,367)	$	59,964
Management fee revenue (1)		(293)		(362)



Depreciation and amortization		57,828		53,767



General and administrative expenses		7,691		7,595
Interest expense		22,077		13,898
Other income		(1,440)		(1,808)

Gain on sale of real estate assets		—		(50,673)
Net income applicable to noncontrolling interests		3		—
NOI		$	84,499	$	82,381

(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.