Disclosure About Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2012

Disclosure About Fair Value of Financial Instruments [Line Items]

Fair Value Measurements of Assets, Liabilities and Noncontrolling Interests [Table Text Block]

The following tables set forth the assets, noncontrolling interests in the Operating Partnership and liabilities that we measure at fair value by level within the fair value hierarchy. We determine the level based on the lowest level of substantive input used to determine fair value.



			Level 1		Level 2		Level 3
	June 30, 2012		Quoted Prices in Active Markets for Identical Assets or Liabilities		Significant Observable Inputs		Significant Unobservable Inputs
Assets:
Mortgages and notes receivable, at fair value (1)	$	17,330	$	—	$	17,330	$	—
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)	3,099		3,099		—		—
Tax increment financing bond (in prepaid expenses and other assets)	15,371		—		—		15,371
Total Assets	$	35,800	$	3,099	$	17,330	$	15,371
Noncontrolling Interests in the Operating Partnership	$	124,880	$	124,880	$	—	$	—
Liabilities:
Mortgages and notes payable, at fair value (1)	$	1,918,241	$	—	$	1,918,241	$	—
Interest rate swaps (in accounts payable, accrued expenses and other liabilities)	7,763		—		7,763		—
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)	3,099		3,099		—		—
Financing obligations, at fair value (1)	21,141		—		—		21,141
Total Liabilities	$	1,950,244	$	3,099	$	1,926,004	$	21,141


9.	Disclosure About Fair Value of Financial Instruments - Continued



			Level 1		Level 2		Level 3
	December 31, 2011		Quoted Prices in Active Markets for Identical Assets or Liabilities		Significant Observable Inputs		Significant Unobservable Inputs
Assets:
Mortgages and notes receivable, at fair value (1)	$	18,990	$	—	$	18,990	$	—
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)	3,149		3,149		—		—
Tax increment financing bond (in prepaid expenses and other assets)	14,788		—		—		14,788
Impaired real estate assets and for-sale residential condominiums	12,767		—		—		12,767
Total Assets	$	49,694	$	3,149	$	18,990	$	27,555
Noncontrolling Interests in the Operating Partnership	$	110,655	$	110,655	$	—	$	—
Liabilities:
Mortgages and notes payable, at fair value (1)	$	1,992,937	$	—	$	1,992,937	$	—
Interest rate swaps (in accounts payable, accrued expenses and other liabilities)	2,202		—		2,202		—
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)	3,149		3,149		—		—
Financing obligations, at fair value (1)	18,866		—		—		18,866
Total Liabilities	$	2,017,154	$	3,149	$	1,995,139	$	18,866

Fair Value Measurements, Unobservable Inputs Reconciliation [Table Text Block]

The following table sets forth the changes in our Level 3 asset, which is recorded at fair value on our Consolidated Balance Sheets on a recurring basis:



	Three Months Ended June 30,					Six Months Ended June 30,
	2012		2011			2012		2011
Asset:
Tax Increment Financing Bond:
Beginning balance	$	15,075	$	15,564		$	14,788	$	15,699
Unrealized gains/(losses) (in AOCL)	296		(336		)	583		(471		)
Ending balance	$	15,371	$	15,228		$	15,371	$	15,228

Fair Value Measurements, Valuation Techniques [Table Text Block]

The following table sets forth quantitative information about the unobservable inputs of our Level 3 asset, which is recorded at fair value on our Consolidated Balance Sheets on a recurring basis:



	Fair Value at June 30, 2012		Valuation Technique	Unobservable Input	Discount Rate
Tax increment financing bond	$	15,371	Income approach	Discount rate	9.85	%

Highwoods Realty Limited Partnership [Member]

Disclosure About Fair Value of Financial Instruments [Line Items]

Fair Value Measurements of Assets, Liabilities and Noncontrolling Interests [Table Text Block]

The following tables set forth the assets and liabilities that we measure at fair value by level within the fair value hierarchy. We determine the level based on the lowest level of substantive input used to determine fair value.



			Level 1		Level 2		Level 3
	June 30, 2012		Quoted Prices in Active Markets for Identical Assets or Liabilities		Significant Observable Inputs		Significant Unobservable Inputs
Assets:
Mortgages and notes receivable, at fair value (1)	$	17,330	$	—	$	17,330	$	—
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)	3,099		3,099		—		—
Tax increment financing bond (in prepaid expenses and other assets)	15,371		—		—		15,371
Total Assets	$	35,800	$	3,099	$	17,330	$	15,371
Liabilities:
Mortgages and notes payable, at fair value (1)	$	1,918,241	$	—	$	1,918,241	$	—
Interest rate swaps (in accounts payable, accrued expenses and other liabilities)	7,763		—		7,763		—
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)	3,099		3,099		—		—
Financing obligations, at fair value (1)	21,141		—		—		21,141
Total Liabilities	$	1,950,244	$	3,099	$	1,926,004	$	21,141



			Level 1		Level 2		Level 3
	December 31, 2011		Quoted Prices in Active Markets for Identical Assets or Liabilities		Significant Observable Inputs		Significant Unobservable Inputs
Assets:
Mortgages and notes receivable, at fair value (1)	$	18,990	$	—	$	18,990	$	—
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)	3,149		3,149		—		—
Tax increment financing bond (in prepaid expenses and other assets)	14,788		—		—		14,788
Impaired real estate assets and for-sale residential condominiums	12,767		—		—		12,767
Total Assets	$	49,694	$	3,149	$	18,990	$	27,555
Liabilities:
Mortgages and notes payable, at fair value (1)	$	1,992,937	$	—	$	1,992,937	$	—
Interest rate swaps (in accounts payable, accrued expenses and other liabilities)	2,202		—		2,202		—
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)	3,149		3,149		—		—
Financing obligations, at fair value (1)	18,866		—		—		18,866
Total Liabilities	$	2,017,154	$	3,149	$	1,995,139	$	18,866

__________

(1) Amounts carried at historical cost on our Consolidated Balance Sheets at June 30, 2012 and December 31, 2011, respectively.

Fair Value Measurements, Unobservable Inputs Reconciliation [Table Text Block]

The following table sets forth the changes in our Level 3 asset, which is recorded at fair value on our Consolidated Balance Sheets on a recurring basis:



	Three Months Ended June 30,					Six Months Ended June 30,
	2012		2011			2012		2011
Asset:
Tax Increment Financing Bond:
Beginning balance	$	15,075	$	15,564		$	14,788	$	15,699
Unrealized gains/(losses) (in AOCL)	296		(336		)	583		(471		)
Ending balance	$	15,371	$	15,228		$	15,371	$	15,228

Fair Value Measurements, Valuation Techniques [Table Text Block]

The following table sets forth quantitative information about the unobservable inputs of our Level 3 asset, which is recorded at fair value on our Consolidated Balance Sheets on a recurring basis:



	Fair Value at June 30, 2012		Valuation Technique	Unobservable Input	Discount Rate
Tax increment financing bond	$	15,371	Income approach	Discount rate	9.85	%

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

+ References+ Details

- Definition

The entire disclosure of the fair value measurement of assets and liabilities, which includes financial instruments measured at fair value that are classified in shareholders' equity, which may be measured on a recurring or nonrecurring basis.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19279-110258

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19190-110258

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 157

-Paragraph 33

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 157

-Paragraph 32

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 157

-Paragraph 6

-Footnote 4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details