CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (Unaudited) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Revenues
Income from office and parking properties	$ 54,998	$ 42,245	$ 149,995	$ 104,739
Management company income	4,591	6,120	14,996	9,990
Total revenues	59,589	48,365	164,991	114,729
Expenses and other
Property operating expense	21,257	18,471	58,803	43,285
Depreciation and amortization	21,766	17,471	59,046	38,342
Impairment loss on mortgage loan receivable	0	9,235	0	9,235
Change in fair value of contingent consideration	0	(12,000)	216	(12,000)
Management company expenses	4,205	4,242	12,966	8,196
General and administrative	3,749	4,104	11,266	11,569
Acquisition costs	159	25	1,491	16,754
Total expenses and other	51,136	41,548	143,788	115,381
Operating income (loss)	8,453	6,817	21,203	(652)
Other income and expenses
Interest and other income	64	87	205	849
Equity in earnings of unconsolidated joint ventures	0	5	0	101
Gain on sale of real estate	48	743	48	743
Recovery of losses on mortgage loan receivable	500	0	500	0
Interest expense	(8,521)	(8,876)	(26,301)	(22,953)
Income (loss) before income taxes	544	(1,224)	(4,345)	(21,912)
Income tax benefit (expense)	7	174	(143)	(50)
Income (loss) from continuing operations	551	(1,050)	(4,488)	(21,962)
Discontinued operations:
Income (loss) from discontinued operations	(330)	(131,800)	2,538	(138,571)
Gain on sale of real estate from discontinued operations	995	2,275	9,767	6,567
Total discontinued operations	665	(129,525)	12,305	(132,004)
Net income (loss)	1,216	(130,575)	7,817	(153,966)
Net (income) loss attributable to noncontrolling interests - real estate partnerships	896	77,546	1,789	84,112
Net income attributable to noncontrolling interest - unit holders	17	1	1	2
Net income (loss) for Parkway Properties, Inc.	2,129	(53,028)	9,607	(69,852)
Change in market value of interest rate swaps	(405)	(2,517)	(1,371)	(2,701)
Comprehensive income (loss)	1,724	(55,545)	8,236	(72,553)
Net income (loss) for Parkway Properties, Inc.	2,129	(53,028)	9,607	(69,852)
Dividends on preferred stock	(2,711)	(2,710)	(8,132)	(7,341)
Dividends on convertible preferred stock	0	0	(1,011)	0
Net income (loss) attributable to common stockholders	(582)	(55,738)	464	(77,193)
Basic and Diluted:
Loss from continuing operations attributable to Parkway Properties, Inc. (in dollars per share)	$ (0.02)	$ (0.02)	$ (0.28)	$ (1.07)
Discontinued operations (in dollars per share)	$ 0	$ (2.57)	$ 0.30	$ (2.52)
Basic and diluted net income (loss) attributable to Parkway Properties, Inc. (in dollars per share)	$ (0.02)	$ (2.59)	$ 0.02	$ (3.59)
Weighted average shares outstanding:
Basic (in shares)	36,487	21,502	27,199	21,489
Diluted (in shares)	36,487	21,502	27,199	21,489
Amounts attributable to Parkway Properties, Inc. common stockholders:
Loss from continuing operations attributable to Parkway Properties, Inc.	(702)	(523)	(7,622)	(23,029)
Discontinued operations	120	(55,215)	8,086	(54,164)
Net income (loss) attributable to common stockholders	$ (582)	$ (55,738)	$ 464	$ (77,193)