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Subsequent Events (Details) (USD $)
3 Months Ended 0 Months Ended 0 Months Ended 0 Months Ended
Mar. 31, 2014
sqft
Mar. 31, 2013
Jul. 08, 2014
Subsequent Event
Apr. 08, 2014
Subsequent Event
Apr. 02, 2014
Subsequent Event
Apr. 02, 2014
Line of Credit
Subsequent Event
Revolving Credit Facility
Apr. 02, 2014
Five-year Term Loan
Unsecured Debt
Subsequent Event
Apr. 02, 2014
Seven-year Term Loan
Unsecured Debt
Subsequent Event
Draw
Apr. 02, 2014
Amended Working Capital Revolving Credit Facility
Subsequent Event
Revolving Credit Facility
Apr. 10, 2014
FLORIDA
Courvoisier Centre
Subsequent Event
sqft
Property
Apr. 14, 2014
FLORIDA
One Orlando Center
Subsequent Event
sqft
Apr. 14, 2014
First Mortgage
FLORIDA
One Orlando Center
Subsequent Event
Apr. 14, 2014
Second Mortgage
FLORIDA
One Orlando Center
Subsequent Event
Apr. 14, 2014
Hayden Ferry Lakeside II
Subsequent Event
Mar. 31, 2014
Wells Fargo Bank
Unsecured Revolving Credit Facility
Mar. 31, 2014
Wells Fargo Bank
Unsecured Term Loan $120 million
Apr. 02, 2014
Bank of America Center
First Mortgage
Subsequent Event
Oct. 02, 2012
Key Bank
Unsecured Term Loan
Mar. 31, 2014
Key Bank
Unsecured Term Loan $125 million
Apr. 02, 2014
Cash Flow Hedging
Designated as Hedging Instrument
Key Bank
Subsequent Event
Unsecured Term Loan
Swap
Apr. 14, 2014
Asset under Construction
Hayden Ferry Lakeside II
Subsequent Event
sqft
Subsequent Event [Line Items]                                          
Maximum borrowing capacity           $ 250,000,000.0 $ 250,000,000.0 $ 100,000,000.0 $ 10,000,000.0                        
Debt instrument face amount                       54,000,000 15,300,000   215,000,000 120,000,000     125,000,000    
Term of debt extension option           1 year                              
Term of debt instrument             5 years 7 years                          
Number of draws allowed over 12-month period               2                          
Repayment of the first mortgage debt                                 34,200,000        
Number of floating-to-fixed interest rate swap                                       2  
Loan amount 245,000,000                           0 120,000,000 [1]     125,000,000 [2]    
Notional amount       100,000,000.0 5,000,000.0                         125,000,000   125,000,000.0  
Fixed rate on derivative       2.60% 1.70%                                
Amount of floating-to-fixed interest rate swap terminated     33,900,000                                    
Interest rate swap agreements       1,900,000                                  
Number of real estate properties                   2                      
Area of real estate property (in square feet) 3,073,000                 346,000 356,000                   261,000
Acquisition purchase price                   145,800,000 55,000,000                    
Properties occupancy percentage                   83.40% 81.30%                    
Parkway's Ownership %                           70.00%              
Investment in unconsolidated joint ventures, net 4,000,000 0                 8,000,000                    
Face amount of debt instrument                       $ 68,300,000                  
[1] Effective June 12, 2013, the Company entered into a new floating-to-fixed interest rate swap associated with the Term Loan Facility totaling $120 million, locking LIBOR at 1.6% for five years. The loan bears interest at LIBOR plus the applicable spread which ranges between 145 to 220 basis points based on overall Company leverage. The current spread associated with the loan is 1.7% resulting in an all-in rate of 3.3%.
[2] Effective October 1, 2012, the Company executed two floating-to-fixed interest rate swaps associated with the Unsecured Term Loan totaling $125 million, locking LIBOR at 0.7% for five years. The loan bears interest at LIBOR plus the applicable spread which ranges between 150 to 225 basis points based on overall Company leverage. The current spread associated with the loan is 1.75% resulting in an all-in rate of 2.45%.