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Segment Information
6 Months Ended
Jun. 30, 2020
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. Our segment information for the three and six months ended June 30, 2019 has been retrospectively revised from previously reported amounts to reflect a change in our reportable segments as a result of recent dispositions.
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2020
 
2019
 
2020
 
2019
Rental and Other Revenues:
 
 
 
 
 
 
 
Office:
 
 
 
 
 
 
 
Atlanta
$
36,537

 
$
37,692

 
$
74,496

 
$
73,995

Charlotte
9,010

 

 
17,943

 

Nashville
34,622

 
33,109

 
69,119

 
64,508

Orlando
12,304

 
12,995

 
25,326

 
26,927

Pittsburgh
14,676

 
14,994

 
29,624

 
30,309

Raleigh
31,202

 
30,673

 
63,755

 
59,770

Richmond
11,834

 
12,341

 
24,094

 
24,627

Tampa
25,358

 
23,497

 
50,602

 
39,068

Total Office Segment
175,543

 
165,301

 
354,959

 
319,204

Other
7,610

 
18,769

 
20,994

 
37,229

Total Rental and Other Revenues
$
183,153

 
$
184,070

 
$
375,953

 
$
356,433


Net Operating Income:
 
 
 
 
 
 
 
Office:
 
 
 
 
 
 
 
Atlanta
$
23,901

 
$
24,819

 
$
49,084

 
$
48,242

Charlotte
7,123

 

 
14,325

 

Nashville
25,132

 
24,208

 
49,885

 
46,526

Orlando
7,750

 
8,007

 
15,755

 
16,563

Pittsburgh
9,350

 
8,895

 
18,020

 
18,029

Raleigh
23,997

 
22,438

 
47,633

 
43,297

Richmond
8,508

 
8,610

 
17,199

 
17,162

Tampa
17,663

 
14,291

 
34,196

 
21,376

Total Office Segment
123,424

 
111,268

 
246,097

 
211,195

Other
4,610

 
12,244

 
12,535

 
24,129

Total Net Operating Income
128,034

 
123,512

 
258,632

 
235,324

Reconciliation to net income:
 
 
 
 
 
 
 
Depreciation and amortization
(59,461
)
 
(59,460
)
 
(120,611
)
 
(128,664
)
Impairments of real estate assets
(1,778
)
 
(531
)
 
(1,778
)
 
(531
)
General and administrative expenses
(10,084
)
 
(9,560
)
 
(21,014
)
 
(21,941
)
Interest expense
(19,840
)
 
(20,356
)
 
(41,117
)
 
(39,095
)
Other income/(loss)
588

 
321

 
657

 
(3,445
)
Gains on disposition of property
318

 
6,703

 
153,385

 
6,703

Equity in earnings of unconsolidated affiliates
1,179

 
765

 
2,142

 
1,429

Net income
$
38,956

 
$
41,394

 
$
230,296

 
$
49,780