CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2011	Dec. 31, 2010
Real estate related investments:
Office and parking properties	$ 1,084,060	$ 1,755,310
Land held for development	0	609
Accumulated depreciation	(162,123)	(366,152)
Net investment in office and parking properties	921,937	1,389,767
Land available for sale	250	750
Mortgage loans	1,500	10,336
Total net investment in real estate related investments	923,687	1,400,853
Receivables and other assets	109,427	132,530
Intangible assets, net	95,628	50,629
Assets held for sale	382,789	0
Management contracts, net	49,597	0
Cash and cash equivalents	75,183	19,670
Total Assets	1,636,311	1,603,682
Liabilities
Notes payable to banks	132,322	110,839
Mortgage notes payable	498,012	773,535
Accounts payable and other liabilities	90,341	98,818
Liabilities related to assets held for sale	285,599	0
Total Liabilities	1,006,274	983,192
Parkway Properties, Inc. stockholders' equity:
8.00% Series D Preferred stock, $.001 par value, 5,421,296 and 4,374,896 shares authorized, issued and outstanding in 2011 and 2010, respectively	128,942	102,787
Common stock, $.001 par value, 64,578,704 and 65,625,104 shares authorized in 2011 and 2010, respectively, 21,995,536 and 21,923,610 shares issued and outstanding in 2011 and 2010, respectively	22	22
Common stock held in trust, at cost, 8,368 and 58,134 shares in 2011 and 2010, respectively	(220)	(1,896)
Additional paid-in capital	517,309	516,167
Accumulated other comprehensive loss	(3,340)	(3,003)
Accumulated deficit	(271,104)	(127,575)
Total Parkway Properties, Inc. stockholders' equity	371,609	486,502
Noncontrolling interests	258,428	133,988
Total equity	630,037	620,490
Total liabilities and equity	$ 1,636,311	$ 1,603,682