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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Rental and other revenues $ 179,417 $ 180,185 $ 538,647 $ 526,876
Operating expenses:        
Rental property and other expenses 61,153 61,234 180,248 177,484
Depreciation and amortization 57,661 56,973 171,923 168,934
Impairments of real estate assets 0 1,445 0 1,445
General and administrative 9,551 9,247 30,869 29,787
Total operating expenses 128,365 128,899 383,040 377,650
Interest expense:        
Contractual 16,719 16,395 51,579 48,763
Amortization of debt issuance costs 718 796 2,126 2,445
Total interest expense 17,437 17,191 53,705 51,208
Other income:        
Interest and other income 818 558 1,735 1,806
Gains on debt extinguishment 0 0 0 826
Total other income 818 558 1,735 2,632
Income before disposition of investment properties and activity in unconsolidated affiliates 34,433 34,653 103,637 100,650
Gains on disposition of property 3 19,849 16,975 25,181
Equity in earnings of unconsolidated affiliates 573 5,047 1,641 6,757
Net income 35,009 59,549 122,253 132,588
Net (income) attributable to noncontrolling interests in the Operating Partnership (902) (1,571) (3,171) (3,502)
Net (income) attributable to noncontrolling interests in consolidated affiliates (324) (315) (918) (914)
Dividends on Preferred Stock (623) (623) (1,869) (1,869)
Net income available for common stockholders $ 33,160 $ 57,040 $ 116,295 $ 126,303
Earnings per Common Share – basic:        
Net income available for common stockholders (in dollars per share) $ 0.32 $ 0.55 $ 1.12 $ 1.23
Weighted average Common Shares outstanding - basic (in shares) 103,471 103,237 103,408 102,489
Earnings per Common Share - diluted:        
Net income available for common stockholders (in dollars per share) $ 0.32 $ 0.55 $ 1.12 $ 1.23
Weighted average Common Shares outstanding - diluted (in shares) 106,333 106,145 106,256 105,402
Dividends declared per Common Share (in dollars per share) $ 0.4625 $ 0.440 $ 1.3875 $ 1.320
Highwoods Realty Limited Partnership [Member]        
Rental and other revenues $ 179,417 $ 180,185 $ 538,647 $ 526,876
Operating expenses:        
Rental property and other expenses 61,153 61,234 180,248 177,484
Depreciation and amortization 57,661 56,973 171,923 168,934
Impairments of real estate assets 0 1,445 0 1,445
General and administrative 9,551 9,247 30,869 29,787
Total operating expenses 128,365 128,899 383,040 377,650
Interest expense:        
Contractual 16,719 16,395 51,579 48,763
Amortization of debt issuance costs 718 796 2,126 2,445
Total interest expense 17,437 17,191 53,705 51,208
Other income:        
Interest and other income 818 558 1,735 1,806
Gains on debt extinguishment 0 0 0 826
Total other income 818 558 1,735 2,632
Income before disposition of investment properties and activity in unconsolidated affiliates 34,433 34,653 103,637 100,650
Gains on disposition of property 3 19,849 16,975 25,181
Equity in earnings of unconsolidated affiliates 573 5,047 1,641 6,757
Net income 35,009 59,549 122,253 132,588
Net (income) attributable to noncontrolling interests in consolidated affiliates (324) (315) (918) (914)
Distributions on Preferred Units (623) (623) (1,869) (1,869)
Net income available for common unitholders $ 34,062 $ 58,611 $ 119,466 $ 129,805
Earnings per Common Unit - basic:        
Net income available for common unitholders (in dollars per share) $ 0.32 $ 0.55 $ 1.13 $ 1.24
Weighted average Common Units outstanding - basic (in shares) 105,866 105,660 105,808 104,914
Earnings per Common Unit - diluted:        
Net income available for common unitholders (in dollars per share) $ 0.32 $ 0.55 $ 1.13 $ 1.24
Weighted average Common Units outstanding - diluted (in shares) 105,924 105,736 105,847 104,993
Distributions declared per Common Unit (in dollars per unit) $ 0.4625 $ 0.44 $ 1.3875 $ 1.320