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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Rental and other revenues $ 736,900 $ 735,979 $ 720,035
Operating expenses:      
Rental property and other expenses 231,825 248,511 242,415
Depreciation and amortization 241,585 254,504 229,955
Impairments of real estate assets 1,778 5,849 423
General and administrative 41,031 44,067 40,006
Total operating expenses 516,219 552,931 512,799
Interest expense 80,962 81,648 71,422
Other income/(loss) (1,707) (2,510) 1,940
Gains on disposition of property 215,897 39,517 37,638
Equity in earnings of unconsolidated affiliates 4,005 3,276 2,238
Net income 357,914 141,683 177,630
Net (income) attributable to noncontrolling interests in the Operating Partnership (9,338) (3,551) (4,588)
Net (income) attributable to noncontrolling interests in consolidated affiliates (1,174) (1,214) (1,207)
Dividends on Preferred Stock (2,488) (2,488) (2,492)
Net income available for common stockholders $ 344,914 $ 134,430 $ 169,343
Earnings per Common Share - basic:      
Net income available for common stockholders (in dollars per share) $ 3.32 $ 1.30 $ 1.64
Weighted average Common Shares outstanding - basic (in shares) 103,876 103,692 103,439
Earnings per Common Share - diluted:      
Net income available for common stockholders (in dollars per share) $ 3.32 $ 1.30 $ 1.64
Weighted average Common Shares outstanding - diluted (in shares) 106,714 106,445 106,268
Highwoods Realty Limited Partnership [Member]      
Rental and other revenues $ 736,900 $ 735,979 $ 720,035
Operating expenses:      
Rental property and other expenses 231,825 248,511 242,415
Depreciation and amortization 241,585 254,504 229,955
Impairments of real estate assets 1,778 5,849 423
General and administrative 41,031 44,067 40,006
Total operating expenses 516,219 552,931 512,799
Interest expense 80,962 81,648 71,422
Other income/(loss) (1,707) (2,510) 1,940
Gains on disposition of property 215,897 39,517 37,638
Equity in earnings of unconsolidated affiliates 4,005 3,276 2,238
Net income 357,914 141,683 177,630
Net (income) attributable to noncontrolling interests in consolidated affiliates (1,174) (1,214) (1,207)
Distributions on Preferred Units (2,488) (2,488) (2,492)
Net income available for common unitholders $ 354,252 $ 137,981 $ 173,931
Earnings per Common Unit - basic:      
Net income available for common unitholders (in dollars per share) $ 3.33 $ 1.30 $ 1.64
Weighted average Common Units outstanding - basic (in shares) 106,297 106,014 105,826
Earnings per Common Unit - diluted:      
Net income available for common unitholders (in dollars per share) $ 3.33 $ 1.30 $ 1.64
Weighted average Common Units outstanding - diluted (in shares) 106,305 106,036 105,859