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Earnings Per Share and Per Unit (Tables)
3 Months Ended
Mar. 31, 2019
Earnings Per Share and Per Unit Basic and Diluted [Line Items]  
Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share of the Company:
 
 
Three Months Ended
March 31,
 
2019
 
2018
Earnings per Common Share - basic:
 
 
 
Numerator:
 
 
 
Net income
$
8,386

 
$
34,246

Net (income) attributable to noncontrolling interests in the Operating Partnership
(193
)
 
(888
)
Net (income) attributable to noncontrolling interests in consolidated affiliates
(316
)
 
(286
)
Dividends on Preferred Stock
(622
)
 
(623
)
Net income available for common stockholders
$
7,255

 
$
32,449

Denominator:
 
 
 
Denominator for basic earnings per Common Share – weighted average shares
103,600

 
103,324

Net income available for common stockholders
$
0.07

 
$
0.31

Earnings per Common Share - diluted:
 
 
 
Numerator:
 
 
 
Net income
$
8,386

 
$
34,246

Net (income) attributable to noncontrolling interests in consolidated affiliates
(316
)
 
(286
)
Dividends on Preferred Stock
(622
)
 
(623
)
Net income available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership
$
7,448

 
$
33,337

Denominator:
 
 
 
Denominator for basic earnings per Common Share – weighted average shares
103,600

 
103,324

Add:
 
 
 
Stock options using the treasury method
20

 
26

Noncontrolling interests Common Units
2,737

 
2,815

Denominator for diluted earnings per Common Share – adjusted weighted average shares and assumed conversions (1)
106,357

 
106,165

Net income available for common stockholders
$
0.07

 
$
0.31

__________
(1)
Includes all unvested restricted stock where dividends on such restricted stock are non-forfeitable.
Highwoods Realty Limited Partnership [Member]  
Earnings Per Share and Per Unit Basic and Diluted [Line Items]  
Earnings Per Unit
The following table sets forth the computation of basic and diluted earnings per unit of the Operating Partnership:
 
 
Three Months Ended
March 31,
 
2019
 
2018
Earnings per Common Unit - basic:
 
 
 
Numerator:
 
 
 
Net income
$
8,386

 
$
34,246

Net (income) attributable to noncontrolling interests in consolidated affiliates
(316
)
 
(286
)
Distributions on Preferred Units
(622
)
 
(623
)
Net income available for common unitholders
$
7,448

 
$
33,337

Denominator:
 
 
 
Denominator for basic earnings per Common Unit – weighted average units
105,928

 
105,730

Net income available for common unitholders
$
0.07

 
$
0.32

Earnings per Common Unit - diluted:
 
 
 
Numerator:
 
 
 
Net income
$
8,386

 
$
34,246

Net (income) attributable to noncontrolling interests in consolidated affiliates
(316
)
 
(286
)
Distributions on Preferred Units
(622
)
 
(623
)
Net income available for common unitholders
$
7,448

 
$
33,337

Denominator:
 
 
 
Denominator for basic earnings per Common Unit – weighted average units
105,928

 
105,730

Add:
 
 
 
Stock options using the treasury method
20

 
26

Denominator for diluted earnings per Common Unit – adjusted weighted average units and assumed conversions (1)
105,948

 
105,756

Net income available for common unitholders
$
0.07

 
$
0.32

__________
(1)
Includes all unvested restricted stock where distributions on such restricted stock are non-forfeitable.