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Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues    
Income from office and parking properties $ 98,130 $ 63,813
Management company income 5,983 4,352
Total revenues 104,113 68,165
Expenses and other    
Property operating expense 39,173 24,688
Depreciation and amortization 40,280 27,945
Management company expenses 4,651 4,390
General and administrative 9,412 4,215
Acquisition costs 645 1,135
Total expenses and other 94,161 62,373
Net operating income 9,952 5,792
Other income and expenses    
Interest and other income 368 103
Equity in loss of unconsolidated joint ventures (478) 0
Gain on sale of in-substance real estate 6,289 0
Interest expense (15,244) (10,329)
Income (loss) before income taxes 887 (4,434)
Income tax benefit (expense) (341) 507
Income (loss) from continuing operations 546 (3,927)
Discontinued operations:    
Income (loss) from discontinued operations (43) 960
Gain on sale of real estate from discontinued operations 10,463 542
Total discontinued operations 10,420 1,502
Net income (loss) 10,966 (2,425)
Net loss attributable to noncontrolling interest – real estate partnerships 443 1,255
Net (income) loss attributable to noncontrolling interests – unit holders (564) 2
Net income (loss) for Parkway Properties, Inc. 10,845 (1,168)
Dividends on preferred stock 0 2,711
Net income (loss) attributable to common stockholders 10,845 (3,879)
Net income (loss) 10,966 (2,425)
Change in fair value of interest rate swaps (121) 1,246
Comprehensive (income) loss attributable to noncontrolling interests 10,845 (1,179)
Comprehensive income (loss) attributable to common stockholders 195 (1,843)
Comprehensive income (loss) attributable to common stockholders 11,040 (3,022)
Basic:    
Loss from continuing operations attributable to Parkway Properties, Inc. $ 0.00 $ (0.09)
Discontinued operations $ 0.11 $ 0.02
Basic net income (loss) attributable to Parkway Properties, Inc. $ 0.11 $ (0.07)
Diluted:    
Loss from continuing operations attributable to Parkway Properties, Inc. $ 0.00 $ (0.09)
Discontinued operations $ 0.11 $ 0.02
Diluted net income (loss) attributable to Parkway Properties, Inc. $ 0.11 $ (0.07)
Weighted average shares outstanding:    
Basic 97,356 56,849
Diluted 102,614 56,849
Amounts attributable to Parkway Properties, Inc. common stockholders:    
Income (loss) from continuing operations attributable to Parkway Properties, Inc. 425 (5,140)
Discontinued operations 10,420 1,261
Net income (loss) attributable to common stockholders $ 10,845 $ (3,879)