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Reportable Segments
 6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
REPORTABLE SEGMENTS REPORTABLE SEGMENTS
The Company's segments are based on its method of internal reporting, which classifies operations by property type and geographical area. The segments by property type are: Office and Mixed-Use. The segments by geographical region are: Atlanta, Austin, Charlotte, Dallas, Phoenix, Tampa, and Other. Included in Other is a property in Cherry Hill, New Jersey that was sold in February 2020 and properties located in Chapel Hill, Fort Worth, and Houston. These reportable segments represent an aggregation of operating segments reported to the Chief Operating Decision Maker based on similar economic characteristics that include the type of property and the geographical location. Each segment includes both consolidated operations and the Company's share of unconsolidated joint venture operations.
Company management evaluates the performance of its reportable segments in part based on net operating income (“NOI”). NOI represents rental property revenues, less termination fees, less rental property operating expenses. NOI is not a measure of cash flows or operating results as measured by GAAP, is not indicative of cash available to fund cash needs, and should not be considered an alternative to cash flows as a measure of liquidity. All companies may not calculate NOI in the same manner. The Company considers NOI to be an appropriate supplemental measure to net income as it helps both management and investors understand the core operations of the Company's operating assets. NOI excludes corporate general and administrative expenses, interest expense, depreciation and amortization, impairments, gains/loss on sales of real estate, and other non-operating items.
Segment net income, amount of capital expenditures, and total assets are not presented in the following tables because management does not utilize these measures when analyzing its segments or when making resource allocation decisions. Information on the Company's segments along with a reconciliation of NOI to net income for the three and six months ended June 30, 2020 and 2019 are as follows (in thousands):

Three Months Ended June 30, 2020OfficeMixed-UseTotal
Revenues:
Atlanta$62,457  $129  $62,586  
Austin52,455  —  52,455  
Charlotte20,505  —  20,505  
Dallas4,487  —  4,487  
Phoenix12,084  —  12,084  
Tampa12,912  —  12,912  
Other15,043  1,176  16,219  
Total segment revenues179,943  1,305  181,248  
Less: Company's share of rental property revenues from unconsolidated joint ventures
(4,844) (1,305) (6,149) 
Total rental property revenues$175,099  $—  $175,099  

Three Months Ended June 30, 2019OfficeMixed-UseTotal
Revenues:
Atlanta$59,499  $—  $59,499  
Austin31,815  —  31,815  
Charlotte27,110  —  27,110  
Dallas804  —  804  
Phoenix12,805  —  12,805  
Tampa13,471  —  13,471  
Other3,581  1,093  4,674  
Total segment revenues149,085  1,093  150,178  
Less: Company's share of rental property revenues from unconsolidated joint ventures
(14,152) (1,093) (15,245) 
Total rental property revenues$134,933  $—  $134,933  

Six Months Ended June 30, 2020OfficeMixed-UseTotal
Revenues
Atlanta$128,334  $165  $128,499  
Austin101,202  —  101,202  
Charlotte55,041  —  55,041  
Dallas8,958  —  8,958  
Phoenix25,243  —  25,243  
Tampa27,024  —  27,024  
Other31,538  2,438  33,976  
Total segment revenues377,340  2,603  379,943  
Less: Company's share of rental property revenues from unconsolidated joint ventures
(13,112) (2,603) (15,715) 
Total rental property revenues$364,228  $—  $364,228  
Six Months Ended June 30, 2019OfficeMixed-UseTotal
Revenues:
Atlanta$116,969  $—  $116,969  
Austin59,907  —  59,907  
Charlotte50,496  —  50,496  
Dallas804  804  
Phoenix25,808  —  25,808  
Tampa26,441  —  26,441  
Other4,126  2,277  6,403  
Total segment revenues284,551  2,277  286,828  
Less: Company's share of rental property revenues from unconsolidated joint ventures
(25,753) (2,277) (28,030) 
Total rental property revenues$258,798  $—  $258,798  
NOI by reportable segment for the three and six months ended June 30, 2020 and 2019 are as follows (in thousands):

Three Months Ended June 30, 2020OfficeMixed-UseTotal
Net Operating Income:
Atlanta$41,709  $(13) $41,696  
Austin31,229  —  31,229  
Charlotte14,480  —  14,480  
Dallas3,580  —  3,580  
Phoenix8,922  —  8,922  
Tampa7,998  —  7,998  
Other8,397  830  9,227  
Total Net Operating Income$116,315  $817  $117,132  

Three Months Ended June 30, 2019OfficeMixed-UseTotal
Net Operating Income:
Atlanta$39,368  $—  $39,368  
Austin18,577  —  18,577  
Charlotte18,050  —  18,050  
Dallas669  —  669  
Phoenix9,290  —  9,290  
Tampa8,573  —  8,573  
Other2,182  708  2,890  
Total Net Operating Income$96,709  $708  $97,417  
Six Months Ended June 30, 2020OfficeMixed-UseTotal
Net Operating Income:
Atlanta$86,564  $(73) $86,491  
Austin60,523  —  60,523  
Charlotte36,593  —  36,593  
Dallas7,219  —  7,219  
Phoenix18,715  —  18,715  
Tampa16,142  —  16,142  
Other$17,525  $1,706  $19,231  
Total Net Operating Income$243,281  $1,633  $244,914  


Six Months Ended June 30, 2019OfficeMixed-UseTotal
Net Operating Income:
Atlanta$76,766  $—  $76,766  
Austin34,525  —  34,525  
Charlotte33,859  —  33,859  
Dallas670  —  670  
Phoenix18,781  —  18,781  
Tampa16,560  —  16,560  
Other2,411  1,576  3,987  
Total Net Operating Income$183,572  $1,576  $185,148  

The following reconciles Net Operating Income to net income (loss) for each of the periods presented (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
 2020201920202019
Net Operating Income$117,132  $97,417  $244,914  $185,148  
Net operating income from unconsolidated joint ventures(4,193) (9,379) (10,228) (17,252) 
Fee income4,690  7,076  9,422  15,804  
Termination fee income539  190  3,383  710  
Other income126  11  163  151  
Reimbursed expenses(322) (1,047) (843) (1,979) 
General and administrative expenses(8,543) (8,374) (14,195) (19,834) 
Interest expense(13,993) (12,059) (29,897) (22,879) 
Depreciation and amortization(72,868) (50,904) (144,482) (96,765) 
Transaction costs(63) (49,827) (428) (49,830) 
Other expenses(552) (624) (1,118) (804) 
Income from unconsolidated joint ventures1,715  3,634  5,140  6,538  
Gain (loss) on sales of investments in unconsolidated joint ventures(231) —  45,999  —  
Gain (loss) on investment property transactions(201) 1,304  90,715  14,415  
Net income (loss)$23,236  $(22,582) $198,545  $13,423