Segment Information

9 Months Ended

Sep. 30, 2013

Segment Reporting [Abstract]

Segment Information

Segment Information

The following tables summarize 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 of our reportable segments:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
Rental and Other Revenues: (1)
Office:
Atlanta, GA	$	22,523	$	13,704	$	57,630	$	43,220
Greenville, SC	2,699		3,296		9,056		10,286
Kansas City, MO	4,064		4,014		12,067		11,173
Memphis, TN	9,644		9,103		28,680		27,603
Nashville, TN	15,147		14,285		43,411		42,456
Orlando, FL	8,441		2,217		12,894		6,594
Piedmont Triad, NC	6,792		5,176		19,932		14,532
Pittsburgh, PA	14,191		9,482		41,835		27,671
Raleigh, NC	21,737		20,578		64,124		60,737
Richmond, VA	12,006		11,848		35,639		35,442
Tampa, FL	17,278		17,199		52,840		51,140
Total Office Segment	134,522		110,902		378,108		330,854
Industrial:
Atlanta, GA	210		189		624		610
Piedmont Triad, NC	2,998		3,141		9,238		9,389
Total Industrial Segment	3,208		3,330		9,862		9,999
Retail:
Kansas City, MO	9,564		9,186		27,991		27,176
Total Retail Segment	9,564		9,186		27,991		27,176
Total Rental and Other Revenues	$	147,294	$	123,418	$	415,961	$	368,029

14. Segment Information - Continued

	Three Months Ended September 30,						Nine Months Ended September 30,
	2013			2012			2013			2012
Net Operating Income: (1)
Office:
Atlanta, GA	$	13,868		$	8,408		$	35,936		$	27,346
Greenville, SC	1,301			1,806			4,869			5,986
Kansas City, MO	2,597			2,546			7,796			7,060
Memphis, TN	5,408			5,378			16,337			16,226
Nashville, TN	10,311			9,772			30,028			29,247
Orlando, FL	4,950			947			7,099			3,066
Piedmont Triad, NC	4,373			3,095			12,823			9,103
Pittsburgh, PA	8,001			4,949			23,322			13,851
Raleigh, NC	14,920			13,939			45,226			42,267
Richmond, VA	7,910			7,863			24,267			24,270
Tampa, FL	10,165			10,818			32,287			32,028
Total Office Segment	83,804			69,521			239,990			210,450
Industrial:
Atlanta, GA	122			100			361			347
Piedmont Triad, NC	2,187			2,256			6,797			6,848
Total Industrial Segment	2,309			2,356			7,158			7,195
Retail:
Kansas City, MO	5,837			5,676			17,066			16,525
Total Retail Segment	5,837			5,676			17,066			16,525
Residential:
Raleigh, NC	—			(33		)	—			(178		)
Total Residential Segment	—			(33		)	—			(178		)
Corporate and other	(21		)	(6		)	(55		)	(65		)
Total Net Operating Income	91,929			77,514			264,159			233,927
Reconciliation to income from continuing operations before disposition of property and condominiums and acquisition of controlling interest in and equity in earnings/(losses) of unconsolidated affiliates:
Depreciation and amortization	(48,124		)	(37,041		)	(130,390		)	(110,656		)
General and administrative expenses	(8,969		)	(9,725		)	(27,948		)	(28,298		)
Interest expense	(23,672		)	(23,612		)	(70,826		)	(72,661		)
Other income	1,550			1,916			4,786			4,910
Income from continuing operations before disposition of property and condominiums and acquisition of controlling interest in and equity in earnings/(losses) of unconsolidated affiliates	$	12,714		$	9,052		$	39,781		$	27,222

__________

(1) Net of discontinued operations.