Reportable Segments (Tables)

3 Months Ended

Mar. 31, 2020

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 for the three months ended March 31, 2020 and 2019 are as follows (in thousands):

Three Months Ended March 31, 2020	Office		Mixed-Use			Total
Net Operating Income:
Atlanta	$	44,855	$	(60	)	$	44,795
Austin	29,294		—			29,294
Charlotte	22,113		—			22,113
Dallas	3,639		—			3,639
Phoenix	9,793		—			9,793
Tampa	8,144		—			8,144
Other	9,128		876			10,004
Total Net Operating Income	$	126,966	$	816		$	127,782

Three Months Ended March 31, 2019	Office		Mixed-Use		Total
Net Operating Income:
Atlanta	$	37,399	$	—	$	37,399
Austin	15,948		—		15,948
Charlotte	15,808		—		15,808
Phoenix	9,491		—		9,491
Tampa	7,988		—		7,988
Other	230		867		1,097
Total Net Operating Income	$	86,864	$	867	$	87,731

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

	Three Months Ended March 31,
	2020			2019
Net Operating Income	$	127,782		$	87,731
Net operating income from unconsolidated joint ventures	(6,035		)	(7,873		)
Fee income	4,732			8,728
Termination fee income	2,844			520
Other income	37			140
Reimbursed expenses	(521		)	(932		)
General and administrative expenses	(5,652		)	(11,460		)
Interest expense	(15,904		)	(10,820		)
Depreciation and amortization	(71,614		)	(45,861		)
Transaction costs	(365		)	(3		)
Other expenses	(566		)	(180		)
Income from unconsolidated joint ventures	3,425			2,904
Gain on sales of investments in unconsolidated joint ventures	46,230			—
Gain on investment property transactions	90,916			13,111
Net Income	$	175,309		$	36,005

Reconciliation of revenue from segments to consolidated

Revenues by reportable segment, including a reconciliation to total rental property revenues on the condensed consolidated statements of operations, for three months ended March 31, 2020 and 2019 are as follows (in thousands):

Three Months Ended March 31, 2020	Office			Mixed-Use			Total
Revenues:
Atlanta	$	65,877		$	35		$	65,912
Austin	48,747			—			48,747
Charlotte	34,537			—			34,537
Dallas	4,471			—			4,471
Phoenix	13,159			—			13,159
Tampa	14,112			—			14,112
Other	16,494			1,262			17,756
Total segment revenues	197,397			1,297			198,694
Less Company's share of rental property revenues from unconsolidated joint ventures	(8,268		)	(1,297		)	(9,565		)
Total rental property revenues	$	189,129		$	—		$	189,129

Three Months Ended March 31, 2019	Office			Mixed-Use			Total
Revenues:
Atlanta	$	57,468		$	—		$	57,468
Austin	28,092			—			28,092
Charlotte	23,386			—			23,386
Tampa	12,971			—			12,971
Phoenix	13,003			—			13,003
Other	546			1,181			1,727
Total segment revenues	135,466			1,181			136,647
Less Company's share of rental property revenues from unconsolidated joint ventures	(11,601		)	(1,181		)	(12,782		)
Total rental property revenues	$	123,865		$	—		$	123,865