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Reportable Segments (Tables)
12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Reconciliation of NOI to net income available to common stockholders
Information on the Company's segments along with a reconciliation of NOI to net income available to common stockholders is as follows (in thousands):
Year ended December 31, 2016
 
Office
 
Mixed-Use
 
Other
 
Total
Net Operating Income:
 
 
 
 
 
 
 
 
Houston
 
$
78,590

 
$

 
$

 
$
78,590

Atlanta
 
98,032

 
7,411

 

 
105,443

Austin
 
29,865

 

 

 
29,865

Charlotte
 
28,418

 

 

 
28,418

Orlando
 
3,265

 

 

 
3,265

Tampa
 
7,130

 

 

 
7,130

Tempe
 
6,067

 

 

 
6,067

Other
 
1,504

 

 

 
1,504

Total Net Operating Income
 
$
252,871

 
$
7,411

 
$

 
$
260,282


Year ended December 31, 2015
 
Office
 
Mixed-Use
 
Other
 
Total
Net Operating Income:
 
 
 
 
 
 
 
 
Houston
 
$
103,210

 
$

 
$

 
$
103,210

Atlanta
 
93,438

 
5,854

 

 
99,292

Austin
 
15,294

 

 

 
15,294

Charlotte
 
16,164

 

 

 
16,164

Other
 
7,104

 

 
168

 
7,272

Total Net Operating Income
 
$
235,210

 
$
5,854

 
$
168

 
$
241,232

Year ended December 31, 2014
 
Office
 
Mixed-Use
 
Other
 
Total
Net Operating Income:
 
 
 
 
 
 
 
 
Houston
 
$
100,816

 
$

 
$

 
$
100,816

Atlanta
 
73,434

 
5,727

 

 
79,161

Austin
 
6,992

 

 

 
6,992

Charlotte
 
6,839

 

 

 
6,839

Other
 
18,470

 

 
3,395

 
21,865

Total Net Operating Income
 
$
206,551

 
$
5,727

 
$
3,395

 
$
215,673

The following reconciles Net Income to Net Operating Income for each of the periods presented (in thousands):
 
Year Ended December 31,
 
2016
 
2015
 
2014
Net Income
$
80,104

 
$
125,629

 
$
53,008

Net operating income from unconsolidated joint ventures
28,785

 
24,335

 
25,897

Net operating income from discontinued operations
78,591

 
103,198

 
102,616

Fee income
(8,347
)
 
(7,297
)
 
(12,519
)
Other income
(1,050
)
 
(828
)
 
(919
)
Reimbursed expenses
3,259

 
3,430

 
3,652

General and administrative expenses
25,592

 
16,918

 
19,784

Interest expense
26,650

 
22,735

 
20,983

Depreciation and amortization
97,948

 
71,625

 
62,258

Acquisition and merger costs
24,521

 
299

 
1,130

Other expenses
5,888

 
1,181

 
3,729

Loss on extinguishment of debt
5,180

 

 

Benefit for income taxes from operations

 

 
(20
)
Income from unconsolidated joint ventures
(10,562
)
 
(8,302
)
 
(11,268
)
Gain on sale of investment properties
(77,114
)
 
(80,394
)
 
(12,536
)
Income (loss) from discontinued operations
(19,163
)
 
(31,297
)
 
(40,122
)
Net Operating Income
$
260,282

 
$
241,232

 
$
215,673

Reconciliation of revenue from segments to consolidated
Revenues by reportable segment, including a reconciliation to total revenues on the consolidated statements of operations for years ended December 31, 2016, 2015 and 2014 are as follows (in thousands):
Year ended December 31, 2016
 
Office
 
Mixed-Use
 
Other
 
Total
Revenues:
 

 

 

 

Atlanta
 
$
160,540

 
$
13,043

 
$

 
$
173,583

Austin
 
52,769

 

 

 
52,769

Charlotte
 
39,448

 

 

 
39,448

Houston
 
136,926

 

 

 
136,926

Orlando
 
5,896

 

 

 
5,896

Tampa
 
10,994

 

 

 
10,994

Tempe
 
8,902

 

 

 
8,902

Other
 
2,443

 

 

 
2,443

Total segment revenues
 
417,918

 
13,043

 

 
430,961

Company's share of rental property revenues from unconsolidated joint ventures
 
31,177

 
13,043

 

 
44,220

Revenues included in discontinued operations
 
136,927

 

 

 
136,927

Total rental property revenues
 
$
249,814

 
$

 
$

 
$
249,814

Year ended December 31, 2015
 
Office
 
Mixed-Use
 
Other
 
Total
Revenues:
 
 
 
 
 
 
 
 
Houston
 
$
176,823

 
$

 
$

 
$
176,823

Atlanta
 
164,712

 
9,975

 

 
174,687

Austin
 
26,581

 

 

 
26,581

Charlotte
 
22,964

 

 

 
22,964

Other
 
9,216

 

 
192

 
9,408

Total segment revenues
 
400,296

 
9,975

 
192

 
410,463

Company's share of rental property revenues from unconsolidated joint ventures
 
27,416

 
9,975

 

 
37,391

Revenues included in discontinued operations
 
176,828

 

 

 
176,828

Total rental property revenues
 
$
196,052

 
$

 
$
192

 
$
196,244

Year ended December 31, 2014
 
 Office
 
 Mixed-Use
 
 Other
 
 Total
Revenues:
 
 
 
 
 
 
 
 
Houston
 
$
179,788

 
$

 
$

 
$
179,788

Atlanta
 
125,884

 
9,037

 

 
134,921

Austin
 
14,062

 

 

 
14,062

Charlotte
 
9,404

 

 

 
9,404

Other
 
42,576

 

 
3,886

 
46,462

Total segment revenues
 
371,714

 
9,037

 
3,886

 
384,637

Company's share of rental property revenues from unconsolidated joint ventures
 
26,766

 
9,037

 
1,997

 
37,800

Revenues included in discontinued operations
 
182,714

 

 

 
182,714

Total rental property revenues
 
$
162,234

 
$

 
$
1,889

 
$
164,123