Reportable Segments (Tables)

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Reconciliation of NOI to net income available to common stockholders

Information on the Company's segments along with a reconciliation of net income available to common stockholders to NOI is as follows (in thousands):

Year Ended December 31, 2019	Office		Mixed-Use			Total
Net Operating Income:
Atlanta	$	158,093	$	(48	)	$	158,045
Austin	93,311		—			93,311
Charlotte	77,082		—			77,082
Phoenix	37,247		—			37,247
Tampa	33,586		—			33,586
Dallas	7,473		—			7,473
Other	21,939		3,107			25,046
Total Net Operating Income	$	428,731	$	3,059		$	431,790

Year Ended December 31, 2018	Office		Mixed-Use		Total
Net Operating Income:
Atlanta	$	131,564	$	—	$	131,564
Charlotte	62,812		—		62,812
Austin	60,474		—		60,474
Phoenix	36,875		—		36,875
Tampa	30,514		—		30,514
Other	1,581		2,243		3,824
Total Net Operating Income	$	323,820	$	2,243	$	326,063

Year Ended December 31, 2017	Office		Mixed-Use		Total
Net Operating Income:
Atlanta	$	109,706	$	3,278	$	112,984
Charlotte	62,708		—		62,708
Austin	58,648		—		58,648
Phoenix	34,074		—		34,074
Tampa	29,426		—		29,426
Orlando	13,029		—		13,029
Other	1,632		705		2,337
Total Net Operating Income	$	309,223	$	3,983	$	313,206

The following reconciles Net Income to Net Operating Income for each of the periods presented (in thousands):

	Year Ended December 31,
	2019			2018			2017
Net income	$	152,683		$	80,765		$	219,959
Net operating income from unconsolidated joint ventures	32,413			28,888			31,053
Fee income	(28,518		)	(10,089		)	(8,632		)
Termination fee income	(7,228		)	(1,548		)	(9,270		)
Other income	(246		)	(1,722		)	(2,248		)
Reimbursed expenses	4,004			3,782			3,527
General and administrative expenses	37,007			22,040			27,523
Interest expense	53,963			39,430			33,524
Depreciation and amortization	257,149			181,382			196,745
Acquisition and transaction costs	52,881			248			1,661
Other expenses	1,109			556			1,796
Gain on extinguishment of debt	—			(8		)	(2,258		)
Income from unconsolidated joint ventures	(12,666		)	(12,224		)	(47,115		)
Gain on sale of investment properties	(110,761		)	(5,437		)	(133,059		)
Net Operating Income	$	431,790		$	326,063		$	313,206

Reconciliation of revenue from segments to consolidated

Revenues by reportable segment, including a reconciliation to total rental property revenues on the consolidated statements of operations for years ended December 31, 2019, 2018, and 2017 are as follows (in thousands):

Year Ended December 31, 2019	Office			Mixed-Use			Total
Revenues:
Atlanta	$	242,209		$	8		$	242,217
Austin	160,196			—			160,196
Charlotte	120,214			—			120,214
Tampa	54,216			—			54,216
Phoenix	51,586			—			51,586
Dallas	9,421			—			9,421
Other	38,732			4,630			43,362
Total segment revenues	676,574			4,638			681,212
Less: Company's share of rental property revenues from unconsolidated joint ventures	(47,823		)	(4,638		)	(52,461		)
Total rental property revenues	$	628,751		$	—		$	628,751

Year Ended December 31, 2018	Office			Mixed-Use			Total
Revenues:
Atlanta	$	206,692		$	—		$	206,692
Austin	104,817			—			104,817
Charlotte	92,398			—			92,398
Phoenix	51,238			—			51,238
Tampa	49,822			—			49,822
Other	2,207			3,724			5,931
Total segment revenues	507,174			3,724			510,898
Less: Company's share of rental property revenues from unconsolidated joint ventures	(43,773		)	(3,724		)	(47,497		)
Total rental property revenues	$	463,401		$	—		$	463,401

Year Ended December 31, 2017	Office			Mixed-Use			Total
Revenues:
Atlanta	$	180,497		$	5,237		$	185,734
Austin	101,222			—			101,222
Charlotte	92,242			—			92,242
Phoenix	51,209			—			51,209
Tampa	47,402			—			47,402
Orlando	24,973			—			24,973
Other	3,053			999			4,052
Total segment revenues	500,598			6,236			506,834
Less: Company's share of rental property revenues from unconsolidated joint ventures	(45,293		)	(6,236		)	(51,529		)
Total rental property revenues	$	455,305		$	—		$	455,305