Segment Information

6 Months Ended

Jun. 30, 2011

Segment Information [Abstract]

Segment Information

13.      Segment Information

The following table summarizes the rental and other revenues and net operating income, the primary industry property-level performance metric which is defined as rental and other revenues less rental property and other expenses, for each reportable segment:

	Three Months Ended June 30,				Six Months Ended June 30,
	2011		2010		2011		2010
Rental and Other Revenues: (1)
Office:
Atlanta, GA	$	12,341	$	12,065	$	24,245	$	24,198
Greenville, SC		3,437		3,451		6,943		7,127
Kansas City, MO		3,586		3,663		7,243		7,371
Memphis, TN		10,077		7,328		20,180		15,196
Nashville, TN		15,362		14,851		29,977		29,964
Orlando, FL		2,619		3,059		4,937		6,064
Piedmont Triad, NC		5,273		5,367		10,637		10,764
Raleigh, NC		20,103		18,523		39,423		37,328
Richmond, VA		11,668		11,483		23,047		23,276
Tampa, FL		17,458		18,037		34,250		35,979
Total Office Segment		101,924		97,827		200,882		197,267
Industrial:
Atlanta, GA		4,028		3,842		7,962		7,817
Piedmont Triad, NC		2,825		3,044		5,803		6,065
Total Industrial Segment		6,853		6,886		13,765		13,882
Retail:
Kansas City, MO		8,203		8,749		17,104		16,437
Total Retail Segment		8,203		8,749		17,104		16,437
Residential:
Kansas City, MO		77		303		285		682
Total Residential Segment		77		303		285		682
Total Rental and Other Revenues	$	117,057	$	113,765	$	232,036	$	228,268

	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
Net Operating Income: (1)
Office:
Atlanta, GA	$	7,973		$	7,828		$	15,467		$	15,461
Greenville, SC		2,067			2,168			4,143			4,449
Kansas City, MO		2,113			2,327			4,228			4,540
Memphis, TN		5,462			4,223			11,224			9,507
Nashville, TN		10,329			10,065			19,981			19,934
Orlando, FL		1,285			1,723			2,451			3,336
Piedmont Triad, NC		3,452			3,791			7,055			7,091
Raleigh, NC		14,270			13,046			27,473			25,675
Richmond, VA		8,232			8,405			16,092			16,355
Tampa, FL		10,802			10,991			21,192			21,811
Total Office Segment		65,985			64,567			129,306			128,159
Industrial:
Atlanta, GA		3,001			2,793			5,841			5,563
Piedmont Triad, NC		2,107			2,328			4,332			4,375
Total Industrial Segment		5,108			5,121			10,173			9,938
Retail:
Kansas City, MO		4,832			5,746			10,123			10,098
Total Retail Segment		4,832			5,746			10,123			10,098
Residential:
Kansas City, MO		(11	)		188			93			426
Total Residential Segment		(11	)		188			93			426
Total Net Operating Income		75,914			75,622			149,695			148,621
Reconciliation to income from continuing operations before disposition of property, condominiums and investment in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
Depreciation and amortization		(33,430	)		(33,260	)		(67,147	)		(65,898	)
General and administrative expense		(7,978	)		(6,980	)		(15,771	)		(15,487	)
Interest expense		(23,907	)		(22,934	)		(47,450	)		(46,047	)
Interest and other income		1,875			965			3,748			2,665
Income from continuing operations before disposition of property, condominiums and investment in unconsolidated affiliates and equity in earnings of unconsolidated affiliates	$	12,474		$	13,413		$	23,075		$	23,854

__________

(1) Net of discontinued operations.