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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities:    
Net income $ 79,343 $ 92,387
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 156,200 146,895
Amortization of lease incentives and acquisition-related intangible assets and liabilities 214 249
Share-based compensation expense 5,996 6,179
Allowance for losses on accounts and accrued straight-line rents receivable 1,851 1,942
Accrued interest on mortgages and notes receivable (313) (354)
Amortization of deferred financing costs 2,501 2,270
Amortization of cash flow hedges 2,781 2,824
Amortization of mortgages and notes payable fair value adjustments 7 (845)
Impairments of real estate assets 0 588
Losses on debt extinguishment 220 308
Net gains on disposition of property (10,581) (42,569)
Gain on disposition of investment in unconsolidated affiliate (4,155) 0
Equity in earnings of unconsolidated affiliates (4,367) (886)
Changes in financing obligation 162 (241)
Distributions of earnings from unconsolidated affiliates 4,099 1,634
Changes in operating assets and liabilities:    
Accounts receivable 1,716 (1,762)
Prepaid expenses and other assets (3,475) (2,927)
Accrued straight-line rents receivable (16,955) (16,202)
Accounts payable, accrued expenses and other liabilities (5,834) (5,815)
Net cash provided by operating activities 209,410 183,675
Investing activities:    
Investments in acquired real estate and related intangible assets, net of cash acquired (408,634) (83,751)
Investments in development in process (87,222) (122,106)
Investments in tenant improvements and deferred leasing costs (85,234) (80,132)
Investments in building improvements (38,295) (39,401)
Net proceeds from disposition of real estate assets 22,781 151,987
Net proceeds from disposition of investment in unconsolidated affiliate 6,919 0
Distributions of capital from unconsolidated affiliates 10,227 725
Investments in mortgages and notes receivable (1,772) (419)
Repayments of mortgages and notes receivable 9,301 16,974
Investments in and advances/repayments to/from unconsolidated affiliates 20,416 (6,425)
Redemption of investment in unconsolidated affiliate 0 4,660
Changes in restricted cash and other investing activities (12,582) (1,296)
Net cash used in investing activities (564,095) (159,184)
Financing activities:    
Dividends on Common Stock (119,729) (115,037)
Redemptions/repurchases of Preferred Stock (10) 0
Redemptions of Common Units 0 (93)
Dividends on Preferred Stock (1,879) (1,881)
Distributions to noncontrolling interests in the Operating Partnership (3,721) (3,745)
Distributions to noncontrolling interests in consolidated affiliates (1,070) (940)
Proceeds from the issuance of Common Stock 98,485 49,216
Costs paid for the issuance of Common Stock (1,518) (600)
Repurchase of shares related to tax withholdings (3,751) (2,694)
Borrowings on revolving credit facility 393,900 377,700
Repayments of revolving credit facility (337,900) (443,400)
Borrowings on mortgages and notes payable 375,000 296,949
Repayments of mortgages and notes payable (43,076) (172,810)
Payments on financing obligation (1,722) (2,904)
Payments of debt extinguishment costs 0 (369)
Additions to deferred financing costs and other financing activities (1,972) (2,467)
Net cash provided by/(used in) financing activities 351,037 (23,075)
Net increase/(decrease) in cash and cash equivalents (3,648) 1,416
Cash and cash equivalents at beginning of the period 8,832 10,184
Cash and cash equivalents at end of the period 5,184 11,600
Supplemental disclosure of cash flow information:    
Cash paid for interest, net of amounts capitalized 62,661 63,340
Supplemental disclosure of non-cash investing and financing activities:    
Unrealized losses on cash flow hedges (5,666) (3,337)
Conversions of Common Units to Common Stock 1,206 162
Changes in accrued capital expenditures 1,759 17,255
Write-off of fully depreciated real estate assets 44,742 29,953
Write-off of fully amortized deferred financing and leasing costs 27,658 17,138
Adjustment of noncontrolling interests in the Operating Partnership to fair value (14,649) 8,955
Unrealized gains on tax increment financing bond 187 293
Assumption of mortgages and notes payable related to acquisition activities 19,277 0
Reduction in the carrying amount of real estate purchased from unconsolidated affiliate by our share of the unconsolidated affiliate's gain 3,124 0
Contingent consideration in connection with the acquisition of land 900 0
Highwoods Realty Limited Partnership [Member]    
Operating activities:    
Net income 79,343 92,387
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 156,200 146,895
Amortization of lease incentives and acquisition-related intangible assets and liabilities 214 249
Share-based compensation expense 5,996 6,179
Allowance for losses on accounts and accrued straight-line rents receivable 1,851 1,942
Accrued interest on mortgages and notes receivable (313) (354)
Amortization of deferred financing costs 2,501 2,270
Amortization of cash flow hedges 2,781 2,824
Amortization of mortgages and notes payable fair value adjustments 7 (845)
Impairments of real estate assets 0 588
Losses on debt extinguishment 220 308
Net gains on disposition of property (10,581) (42,569)
Gain on disposition of investment in unconsolidated affiliate (4,155) 0
Equity in earnings of unconsolidated affiliates (4,367) (886)
Changes in financing obligation 162 (241)
Distributions of earnings from unconsolidated affiliates 4,099 1,634
Changes in operating assets and liabilities:    
Accounts receivable 1,716 (1,762)
Prepaid expenses and other assets (3,475) (2,885)
Accrued straight-line rents receivable (16,955) (16,202)
Accounts payable, accrued expenses and other liabilities (5,748) (5,804)
Net cash provided by operating activities 209,496 183,728
Investing activities:    
Investments in acquired real estate and related intangible assets, net of cash acquired (408,634) (83,751)
Investments in development in process (87,222) (122,106)
Investments in tenant improvements and deferred leasing costs (85,234) (80,132)
Investments in building improvements (38,295) (39,401)
Net proceeds from disposition of real estate assets 22,781 151,987
Net proceeds from disposition of investment in unconsolidated affiliate 6,919 0
Distributions of capital from unconsolidated affiliates 10,227 725
Investments in mortgages and notes receivable (1,772) (419)
Repayments of mortgages and notes receivable 9,301 16,974
Investments in and advances/repayments to/from unconsolidated affiliates 20,416 (6,425)
Redemption of investment in unconsolidated affiliate 0 4,660
Changes in restricted cash and other investing activities (12,582) (1,296)
Net cash used in investing activities (564,095) (159,184)
Financing activities:    
Distributions on Common Units (122,929) (118,261)
Redemptions/repurchases of Preferred Units (10) 0
Redemptions of Common Units 0 (93)
Distributions on Preferred Units (1,879) (1,881)
Distributions to noncontrolling interests in consolidated affiliates (1,070) (940)
Proceeds from the issuance of Common Units 98,485 49,216
Costs paid for the issuance of Common Units (1,518) (600)
Repurchase of units related to tax withholdings (3,751) (2,694)
Borrowings on revolving credit facility 393,900 377,700
Repayments of revolving credit facility (337,900) (443,400)
Borrowings on mortgages and notes payable 375,000 296,949
Repayments of mortgages and notes payable (43,076) (172,810)
Payments on financing obligation (1,722) (2,904)
Payments of debt extinguishment costs 0 (369)
Additions to deferred financing costs and other financing activities (2,685) (3,032)
Net cash provided by/(used in) financing activities 350,845 (23,119)
Net increase/(decrease) in cash and cash equivalents (3,754) 1,425
Cash and cash equivalents at beginning of the period 8,938 10,281
Cash and cash equivalents at end of the period 5,184 11,706
Supplemental disclosure of cash flow information:    
Cash paid for interest, net of amounts capitalized 62,661 63,340
Supplemental disclosure of non-cash investing and financing activities:    
Unrealized losses on cash flow hedges (5,666) (3,337)
Changes in accrued capital expenditures 1,759 17,255
Write-off of fully depreciated real estate assets 44,742 29,953
Write-off of fully amortized deferred financing and leasing costs 27,658 17,138
Adjustment of Redeemable Common Units to fair value (17,280) 7,768
Unrealized gains on tax increment financing bond 187 293
Assumption of mortgages and notes payable related to acquisition activities 19,277 0
Reduction in the carrying amount of real estate purchased from unconsolidated affiliate by our share of the unconsolidated affiliate's gain 3,124 0
Contingent consideration in connection with the acquisition of land $ 900 $ 0