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Segment Information
3 Months Ended
Mar. 31, 2019
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 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,
 
2019
 
2018
Rental and Other Revenues:
 
 
 
Office:
 
 
 
Atlanta
$
36,303

 
$
35,483

Greensboro
5,481

 
6,026

Memphis
9,757

 
10,208

Nashville
31,399

 
30,723

Orlando
13,932

 
13,300

Pittsburgh
15,315

 
15,282

Raleigh
29,097

 
29,804

Richmond
12,286

 
11,049

Tampa
15,571

 
25,425

Total Office Segment
169,141

 
177,300

Other
3,222

 
3,138

Total Rental and Other Revenues
$
172,363

 
$
180,438


Net Operating Income:
 
 
 
Office:
 
 
 
Atlanta
$
23,423

 
$
22,670

Greensboro
3,507

 
4,011

Memphis
6,022

 
6,645

Nashville
22,318

 
21,983

Orlando
8,556

 
8,263

Pittsburgh
9,134

 
8,971

Raleigh
20,859

 
21,872

Richmond
8,552

 
7,581

Tampa
7,085

 
16,760

Total Office Segment
109,456

 
118,756

Other
2,356

 
2,250

Total Net Operating Income
111,812

 
121,006

Reconciliation to net income:
 
 
 
Depreciation and amortization
(69,204
)
 
(57,568
)
General and administrative expenses
(12,381
)
 
(11,778
)
Interest expense
(18,739
)
 
(18,391
)
Other income/(loss)
(3,766
)
 
455

Equity in earnings of unconsolidated affiliates
664

 
522

Net income
$
8,386

 
$
34,246