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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Rental and other revenues $ 183,153 $ 184,070 $ 375,953 $ 356,433
Operating expenses:        
Rental property and other expenses 55,119 60,558 117,321 121,109
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 10,084 9,560 21,014 21,941
Total operating expenses 126,442 130,109 260,724 272,245
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
Net (income) attributable to noncontrolling interests in the Operating Partnership (1,017) (1,044) (5,977) (1,237)
Net (income) attributable to noncontrolling interests in consolidated affiliates (289) (306) (574) (622)
Dividends on Preferred Stock (622) (622) (1,244) (1,244)
Net income available for common stockholders $ 37,028 $ 39,422 $ 222,501 $ 46,677
Earnings per Common Share – basic:        
Net income available for common stockholders (in dollars per share) $ 0.36 $ 0.38 $ 2.14 $ 0.45
Weighted average Common Shares outstanding - basic (in shares) 103,886 103,693 103,849 103,647
Earnings per Common Share - diluted:        
Net income available for common stockholders (in dollars per share) $ 0.36 $ 0.38 $ 2.14 $ 0.45
Weighted average Common Shares outstanding - diluted (in shares) 106,730 106,445 106,681 106,402
Highwoods Realty Limited Partnership [Member]        
Rental and other revenues $ 183,153 $ 184,070 $ 375,953 $ 356,433
Operating expenses:        
Rental property and other expenses 55,119 60,558 117,321 121,109
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 10,084 9,560 21,014 21,941
Total operating expenses 126,442 130,109 260,724 272,245
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
Net (income) attributable to noncontrolling interests in consolidated affiliates (289) (306) (574) (622)
Distributions on Preferred Units (622) (622) (1,244) (1,244)
Net income available for common unitholders $ 38,045 $ 40,466 $ 228,478 $ 47,914
Earnings per Common Unit - basic:        
Net income available for common unitholders (in dollars per share) $ 0.36 $ 0.38 $ 2.15 $ 0.45
Weighted average Common Units outstanding - basic (in shares) 106,319 106,017 106,259 105,973
Earnings per Common Unit - diluted:        
Net income available for common unitholders (in dollars per share) $ 0.36 $ 0.38 $ 2.15 $ 0.45
Weighted average Common Units outstanding - diluted (in shares) 106,321 106,036 106,272 105,993