Disclosure About Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 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
	September 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)	$	17,382	$	—	$	17,382	$	—
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)	3,264		3,264		—		—
Tax increment financing bond (in prepaid expenses and other assets)	15,270		—		—		15,270
Total Assets	$	35,916	$	3,264	$	17,382	$	15,270
Noncontrolling Interests in the Operating Partnership	$	123,141	$	123,141	$	—	$	—
Liabilities:
Mortgages and notes payable, at fair value (1)	$	1,889,775	$	—	$	1,889,775	$	—
Interest rate swaps (in accounts payable, accrued expenses and other liabilities)	10,274		—		10,274		—
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)	3,264		3,264		—		—
Contingent consideration to acquire real estate assets (in accounts payable, accrued expenses and other liabilities)	563		—		—		563
Financing obligations, at fair value (1)	18,930		—		—		18,930
Total Liabilities	$	1,922,806	$	3,264	$	1,900,049	$	19,493

			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)	$	1,959,438	$	—	$	1,959,438	$	—
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	$	1,983,655	$	3,149	$	1,961,640	$	18,866

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

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

	Three Months Ended September 30,					Nine Months Ended September 30,
	2012			2011		2012			2011
Asset:
Tax Increment Financing Bond:
Beginning balance	$	15,371		$	15,228	$	14,788		$	15,699
Unrealized gains/(losses) (in AOCL)	(101		)	600		482			129
Ending balance	$	15,270		$	15,828	$	15,270		$	15,828
Liability:
Contingent Consideration to Acquire Real Estate Assets:
Beginning balance	$	677		$	—	$	677		$	—
Unrealized gains (in general and administrative)	(114		)	—		(114		)	—
Ending balance	$	563		$	—	$	563		$	—

Fair Value Measurements, Valuation Techniques [Table Text Block]

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

	Fair Value at September 30, 2012		Valuation Technique	Unobservable Input	Rate/ Percentage
Tax increment financing bond	$	15,270	Income approach	Discount rate	10.73	%
Contingent consideration to acquire real estate assets	$	563	Income approach	Payout percentage	75.00	%

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
	September 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)	$	17,382	$	—	$	17,382	$	—
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)	3,264		3,264		—		—
Tax increment financing bond (in prepaid expenses and other assets)	15,270		—		—		15,270
Total Assets	$	35,916	$	3,264	$	17,382	$	15,270
Liabilities:
Mortgages and notes payable, at fair value (1)	$	1,889,775	$	—	$	1,889,775	$	—
Interest rate swaps (in accounts payable, accrued expenses and other liabilities)	10,274		—		10,274		—
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)	3,264		3,264		—		—
Contingent consideration to acquire real estate assets (in accounts payable, accrued expenses and other liabilities)	563		—		—		563
Financing obligations, at fair value (1)	18,930		—		—		18,930
Total Liabilities	$	1,922,806	$	3,264	$	1,900,049	$	19,493

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
Liabilities:
Mortgages and notes payable, at fair value (1)	$	1,959,438	$	—	$	1,959,438	$	—
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	$	1,983,655	$	3,149	$	1,961,640	$	18,866

__________

(1)    Amounts carried at historical cost on our Consolidated Balance Sheets at September 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 and liability, which are recorded at fair value on our Consolidated Balance Sheets on a recurring basis:

	Three Months Ended September 30,					Nine Months Ended September 30,
	2012			2011		2012			2011
Asset:
Tax Increment Financing Bond:
Beginning balance	$	15,371		$	15,228	$	14,788		$	15,699
Unrealized gains/(losses) (in AOCL)	(101		)	600		482			129
Ending balance	$	15,270		$	15,828	$	15,270		$	15,828
Liability:
Contingent Consideration to Acquire Real Estate Assets:
Beginning balance	$	677		$	—	$	677		$	—
Unrealized gains (in general and administrative)	(114		)	—		(114		)	—
Ending balance	$	563		$	—	$	563		$	—

Fair Value Measurements, Valuation Techniques [Table Text Block]

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

	Fair Value at September 30, 2012		Valuation Technique	Unobservable Input	Rate/ Percentage
Tax increment financing bond	$	15,270	Income approach	Discount rate	10.73	%
Contingent consideration to acquire real estate assets	$	563	Income approach	Payout percentage	75.00	%