CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Real estate assets, at cost:
Land	$ 567,244	$ 567,244
Buildings and improvements, less accumulated depreciation of $1,013,019 and $915,010 as of September 30, 2023 and December 31, 2022, respectively	2,769,366	2,766,990
Intangible lease assets, less accumulated amortization of $86,197 and $90,694 as of September 30, 2023 and December 31, 2022, respectively	91,387	114,380
Construction in progress	74,579	52,010
Total real estate assets	3,502,576	3,500,624
Cash and cash equivalents	5,044	16,536
Tenant receivables, net of allowance for doubtful accounts of $0 and $1,000 as of September 30, 2023 and December 31, 2022, respectively	8,806	4,762
Straight-line rent receivables	181,843	172,019
Restricted cash and escrows	5,983	3,064
Prepaid expenses and other assets	26,156	17,152
Goodwill	71,980	82,937
Interest rate swaps	5,841	4,183
Deferred lease costs, less accumulated amortization of $217,804 and $221,731 as of September 30, 2023 and December 31, 2022, respectively	265,549	284,248
Total assets	4,073,778	4,085,525
Liabilities:
Unsecured debt, net of discount and unamortized debt issuance costs of $18,556 and $13,319 as of September 30, 2023 and December 31, 2022, respectively	1,853,598	1,786,681
Secured debt	196,721	197,000
Accounts payable, accrued expenses and accrued capital expenditures	120,579	110,306
Dividends payable	0	25,357
Deferred income	89,990	59,977
Intangible lease liabilities, less accumulated amortization of $36,985 and $36,423 as of September 30, 2023 and December 31, 2022, respectively	45,825	56,949
Total liabilities	2,306,713	2,236,270
Commitments and Contingencies (Note 7)	0	0
Stockholders’ Equity:
Shares-in-trust, 150,000,000 shares authorized; none outstanding as of September 30, 2023 or December 31, 2022	0	0
Preferred stock, no par value, 100,000,000 shares authorized; none outstanding as of September 30, 2023 or December 31, 2022	0	0
Common stock, $0.01 par value, 750,000,000 shares authorized; 123,696,475 and 123,439,558 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively	1,237	1,234
Additional paid-in capital	3,714,629	3,711,005
Cumulative distributions in excess of earnings	(1,943,652)	(1,855,893)
Accumulated other comprehensive loss	(6,718)	(8,679)
Piedmont stockholders’ equity	1,765,496	1,847,667
Noncontrolling interest	1,569	1,588
Total stockholders’ equity	1,767,065	1,849,255
Total liabilities and stockholders’ equity	$ 4,073,778	$ 4,085,525