Operating Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Schedule of Lessor, Operating Lease, Payments to be Received

The future minimum rental income from Piedmont’s investment in real estate assets under non-cancelable operating leases as of December 31, 2023 is presented below (in thousands):

Years ending December 31:
2024	$	424,131
2025	401,657
2026	362,576
2027	322,114
2028	275,559
Thereafter	1,079,279
Total	$	2,865,316

Schedule of Operating Lease, Lease Income

Piedmont recognized the following fixed and variable lease payments, which together comprised rental and tenant reimbursement revenue in the accompanying consolidated statements of operations for the years ended December 31, 2023, 2022, and 2021, respectively, as follows (in thousands):

	2023		2022		2021
Fixed payments	$	454,405	$	451,403	$	427,174
Variable payments	100,908		94,338		87,445
Total Rental and Tenant Reimbursement Revenue	$	555,313	$	545,741	$	514,619