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Earnings Per Share
3 Months Ended
Mar. 31, 2013
Earnings Per Share Basic and Diluted [Line Items]  
Earnings Per Share
Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

 
Three Months Ended March 31,
 
2013
 
2012
Earnings per Common Share - basic:
 
 
 
Numerator:
 
 
 
Income from continuing operations
$
13,135

 
$
11,316

Net (income) attributable to noncontrolling interests in the Operating Partnership from continuing operations
(553
)
 
(483
)
Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations
(203
)
 
(184
)
Dividends on Preferred Stock
(627
)
 
(627
)
Income from continuing operations available for common stockholders
11,752

 
10,022

Income from discontinued operations
625

 
7,016

Net (income) attributable to noncontrolling interests in the Operating Partnership from discontinued operations
(28
)
 
(344
)
Income from discontinued operations available for common stockholders
597

 
6,672

Net income available for common stockholders
$
12,349

 
$
16,694

Denominator:
 
 
 
Denominator for basic earnings per Common Share – weighted average shares (1) (2)
81,029

 
72,836

Earnings per Common Share - basic:
 
 
 
Income from continuing operations available for common stockholders
$
0.14

 
$
0.14

Income from discontinued operations available for common stockholders
0.01

 
0.09

Net income available for common stockholders
$
0.15

 
$
0.23

Earnings per Common Share - diluted:
 
 
 
Numerator:
 
 
 
Income from continuing operations
$
13,135

 
$
11,316

Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations
(203
)
 
(184
)
Dividends on Preferred Stock
(627
)
 
(627
)
Income from continuing operations available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership
12,305

 
10,505

Income from discontinued operations available for common stockholders
625

 
7,016

Net income available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership
$
12,930

 
$
17,521

Denominator:
 
 
 
Denominator for basic earnings per Common Share –weighted average shares (1) (2)
81,029

 
72,836

Add:
 
 
 
Stock options using the treasury method
108

 
132

Noncontrolling interests Common Units
3,725

 
3,728

Denominator for diluted earnings per Common Share – adjusted weighted average shares and assumed conversions (1)
84,862

 
76,696

Earnings per Common Share - diluted:
 
 
 
Income from continuing operations available for common stockholders
$
0.14

 
$
0.14

Income from discontinued operations available for common stockholders
0.01

 
0.09

Net income available for common stockholders
$
0.15

 
$
0.23

__________
(1)
There were 0.5 million and 0.6 million options outstanding during the three months ended March 31, 2013 and 2012, respectively, that were not included in the computation of diluted earnings per share because the impact of including such options would be anti-dilutive.
(2)
Includes all unvested restricted stock where dividends on such restricted stock are non-forfeitable.
Highwoods Realty Limited Partnership [Member]
 
Earnings Per Share Basic and Diluted [Line Items]  
Earnings Per Unit
Earnings Per Unit

The following table sets forth the computation of basic and diluted earnings per unit:

 
Three Months Ended March 31,
 
2013
 
2012
Earnings per Common Unit - basic:
 
 
 
Numerator:
 
 
 
Income from continuing operations
$
13,082

 
$
11,318

Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations
(203
)
 
(184
)
Distributions on Preferred Units
(627
)
 
(627
)
Income from continuing operations available for common unitholders
12,252

 
10,507

Income from discontinued operations available for common unitholders
625

 
7,016

Net income available for common unitholders
$
12,877

 
$
17,523

Denominator:
 
 
 
Denominator for basic earnings per Common Unit – weighted average units (1) (2)
84,345

 
76,155

Earnings per Common Unit - basic:
 
 
 
Income from continuing operations available for common unitholders
$
0.14

 
$
0.14

Income from discontinued operations available for common unitholders
0.01

 
0.09

Net income available for common unitholders
$
0.15

 
$
0.23

Earnings per Common Unit - diluted:
 
 
 
Numerator:
 
 
 
Income from continuing operations
$
13,082

 
$
11,318

Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations
(203
)
 
(184
)
Distributions on Preferred Units
(627
)
 
(627
)
Income from continuing operations available for common unitholders
12,252

 
10,507

Income from discontinued operations available for common unitholders
625

 
7,016

Net income available for common unitholders
$
12,877

 
$
17,523

Denominator:
 
 
 
Denominator for basic earnings per Common Unit –weighted average units (1) (2)
84,345

 
76,155

Add:
 
 
 
Stock options using the treasury method
108

 
132

Denominator for diluted earnings per Common Unit – adjusted weighted average units and assumed conversions (1)
84,453

 
76,287

Earnings per Common Unit - diluted:
 
 
 
Income from continuing operations available for common unitholders
$
0.14

 
$
0.14

Income from discontinued operations available for common unitholders
0.01

 
0.09

Net income available for common unitholders
$
0.15

 
$
0.23

__________
(1)
There were 0.5 million and 0.6 million options outstanding during the three months ended March 31, 2013 and 2012, respectively, that were not included in the computation of diluted earnings per unit because the impact of including such options would be anti-dilutive.
(2)
Includes all unvested restricted stock where dividends on such restricted stock are non-forfeitable.