XML 48 R30.htm IDEA: XBRL DOCUMENT v3.8.0.1
Segment Information (Tables)
3 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Reconciliation of Revenue from Segments to Consolidated
The following tables summarize the rental and other revenues and net operating income, the primary industry property-level performance metric used by our chief operating decision maker and which is defined as rental and other revenues less rental property and other expenses, for each of our reportable segments.

 
Three Months Ended
March 31,
 
2018
 
2017
Rental and Other Revenues:
 
 
 
Office:
 
 
 
Atlanta
$
35,483

 
$
34,209

Greensboro
6,026

 
5,302

Memphis
10,208

 
11,795

Nashville
30,723

 
23,690

Orlando
13,300

 
12,438

Pittsburgh
15,282

 
14,849

Raleigh
29,804

 
29,546

Richmond
11,049

 
10,942

Tampa
25,425

 
23,256

Total Office Segment
177,300

 
166,027

Other
3,138

 
3,381

Total Rental and Other Revenues
$
180,438

 
$
169,408

Reconciliation of Operating Profit (Loss) from Segments to Consolidated
Net Operating Income:
 
 
 
Office:
 
 
 
Atlanta
$
22,670

 
$
22,006

Greensboro
4,011

 
3,358

Memphis
6,645

 
7,272

Nashville
21,983

 
16,624

Orlando
8,263

 
7,578

Pittsburgh
8,971

 
8,625

Raleigh
21,872

 
21,465

Richmond
7,581

 
7,621

Tampa
16,760

 
15,122

Total Office Segment
118,756

 
109,671

Other
2,250

 
2,341

Total Net Operating Income
121,006

 
112,012

Reconciliation to income before disposition of investment properties and activity in unconsolidated affiliates:
 
 
 
Depreciation and amortization
(57,568
)
 
(56,145
)
General and administrative expenses
(11,778
)
 
(11,490
)
Interest expense
(18,391
)
 
(17,863
)
Other income
455

 
684

Income before disposition of investment properties and activity in unconsolidated affiliates
$
33,724

 
$
27,198