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Earnings Per Share and Per Unit (Tables)
9 Months Ended
Sep. 30, 2022
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
September 30,
Nine Months Ended
September 30,
2022202120222021
Earnings per Common Share - basic:
Numerator:
Net income$40,110 $75,587 $134,815 $194,286 
Net (income) attributable to noncontrolling interests in the Operating Partnership
(881)(1,967)(3,049)(5,084)
Net (income) attributable to noncontrolling interests in consolidated affiliates
(357)(894)(880)(1,469)
Dividends on Preferred Stock(621)(621)(1,864)(1,864)
Net income available for common stockholders$38,251 $72,105 $129,022 $185,869 
Denominator:
Denominator for basic earnings per Common Share – weighted average shares (1)
105,184 104,277 105,094 104,117 
Net income available for common stockholders$0.36 $0.69 $1.23 $1.79 
Earnings per Common Share - diluted:
Numerator:
Net income$40,110 $75,587 $134,815 $194,286 
Net (income) attributable to noncontrolling interests in consolidated affiliates
(357)(894)(880)(1,469)
Dividends on Preferred Stock(621)(621)(1,864)(1,864)
Net income available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership
$39,132 $74,072 $132,071 $190,953 
Denominator:
Denominator for basic earnings per Common Share – weighted average shares (1)
105,184 104,277 105,094 104,117 
Add:
Stock options using the treasury method— 25 17 
Noncontrolling interests Common Units2,417 2,837 2,469 2,838 
Denominator for diluted earnings per Common Share – adjusted weighted average shares and assumed conversions
107,601 107,139 107,570 106,972 
Net income available for common stockholders$0.36 $0.69 $1.23 $1.79 
__________
(1)Includes all unvested restricted stock where dividends on such restricted stock are non-forfeitable.
Highwoods Realty Limited Partnership  
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
September 30,
Nine Months Ended
September 30,
2022202120222021
Earnings per Common Unit - basic:
Numerator:
Net income$40,110 $75,587 $134,815 $194,286 
Net (income) attributable to noncontrolling interests in consolidated affiliates
(357)(894)(880)(1,469)
Distributions on Preferred Units(621)(621)(1,864)(1,864)
Net income available for common unitholders$39,132 $74,072 $132,071 $190,953 
Denominator:
Denominator for basic earnings per Common Unit – weighted average units (1)
107,192 106,705 107,154 106,546 
Net income available for common unitholders$0.37 $0.69 $1.23 $1.79 
Earnings per Common Unit - diluted:
Numerator:
Net income$40,110 $75,587 $134,815 $194,286 
Net (income) attributable to noncontrolling interests in consolidated affiliates
(357)(894)(880)(1,469)
Distributions on Preferred Units(621)(621)(1,864)(1,864)
Net income available for common unitholders$39,132 $74,072 $132,071 $190,953 
Denominator:
Denominator for basic earnings per Common Unit – weighted average units (1)
107,192 106,705 107,154 106,546 
Add:
Stock options using the treasury method— 25 17 
Denominator for diluted earnings per Common Unit – adjusted weighted average units and assumed conversions
107,192 106,730 107,161 106,563 
Net income available for common unitholders$0.37 $0.69 $1.23 $1.79 
__________
(1)Includes all unvested restricted stock where distributions on such restricted stock are non-forfeitable.