10-Q/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

______________

FORM 10-Q/A

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2011

______________

HIGHWOODS PROPERTIES, INC.

(Exact name of registrant as specified in its charter)

Maryland	001-13100	56-1871668
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(I.R.S. Employer Identification Number)

HIGHWOODS REALTY LIMITED PARTNERSHIP

(Exact name of registrant as specified in its charter)

North Carolina	000-21731	56-1869557
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(I.R.S. Employer Identification Number)

3100 Smoketree Court, Suite 600

Raleigh, NC 27604

(Address of principal executive offices) (Zip Code)

919-872-4924

(Registrants’ telephone number, including area code)

______________

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Highwoods Properties, Inc.  Yes  S    No £            Highwoods Realty Limited Partnership  Yes  S    No £

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

Highwoods Properties, Inc.  Yes  S    No £            Highwoods Realty Limited Partnership  Yes  S    No £

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See the definitions of ‘large accelerated filer,’ ‘accelerated filer’ and ‘smaller reporting company’ in Rule 12b-2 of the Securities Exchange Act.

Highwoods Properties, Inc.

Large accelerated filer S    Accelerated filer £      Non-accelerated filer £      Smaller reporting company £

Highwoods Realty Limited Partnership

Large accelerated filer £    Accelerated filer £      Non-accelerated filer S      Smaller reporting company £

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Securities Exchange Act).

Highwoods Properties, Inc.  Yes  £    No S            Highwoods Realty Limited Partnership  Yes  £    No S

The Company had 72,399,428 shares of Common Stock outstanding as of July 20, 2011.

EXPLANATORY NOTE

The purpose of this amendment to our Quarterly Report on Form 10-Q for the quarter ended June 30, 2011, filed with the Securities Exchange Commission on July 29, 2011 (the “Form 10-Q”), is solely to furnish the interactive data files using the eXtensible Business Reporting Language Format ("XBRL") contained in Exhibit 101 to the Form 10-Q, as required by Rule 405 of Regulation S-T. No other changes have been made to the Form 10-Q.  This amendment speaks as of the original filing date of the Form 10-Q, does not reflect events that may have occurred subsequent to the original filing date and does not modify or update in any way disclosures made in the Form 10-Q. 

Pursuant to Rule 406T of Regulation S-T, the XBRL files contained in Exhibit 101 hereto are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, are deemed not filed for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, and otherwise are not subject to liability under those sections.

PART II - OTHER INFORMATION

ITEM 6.  EXHIBITS

Exhibit Number	Description
10.1*	Third Amended and Restated Credit Agreement, dated as of July 27, 2011, by and among the Company, the Operating Partnership and the Subsidiaries named therein and the Lenders named therein
10.2*	Amendment No. 1, dated as of July 27, 2011, to Credit Agreement, dated as of February 2, 2011, by and among the Company, the Operating Partnership and the Subsidiaries named therein and the Lenders named therein
12.1*	Statement re: Computation of Ratios of the Company
12.2*	Statement re: Computation of Ratios of the Operating Partnership
31.1*	Certification of CEO Pursuant to Section 302 of the Sarbanes-Oxley Act for the Company
31.2*	Certification of CFO Pursuant to Section 302 of the Sarbanes-Oxley Act for the Company
31.3*	Certification of CEO Pursuant to Section 302 of the Sarbanes-Oxley Act for the Operating Partnership
31.4*	Certification of CFO Pursuant to Section 302 of the Sarbanes-Oxley Act for the Operating Partnership
32.1*	Certification of CEO Pursuant to Section 906 of the Sarbanes-Oxley Act for the Company
32.2*	Certification of CFO Pursuant to Section 906 of the Sarbanes-Oxley Act for the Company
32.3*	Certification of CEO Pursuant to Section 906 of the Sarbanes-Oxley Act for the Operating Partnership
32.4*	Certification of CFO Pursuant to Section 906 of the Sarbanes-Oxley Act for the Operating Partnership
101.INS	XBRL Instance Document
101.SCH	XBRL Taxonomy Extension Schema Document
101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF	XBRL Taxonomy Extension Definition Linkbase Document
101.LAB	XBRL Taxonomy Extension Labels Linkbase Document
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document

__________

* Previously filed with Form 10-Q on July 29, 2011.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, each of the registrants has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Highwoods Properties, Inc.
By:	/s/ Terry L. Stevens
	Terry L. Stevens
	Senior Vice President and Chief Financial Officer

Highwoods Realty Limited Partnership
By: Highwoods Properties, Inc., its sole general partner
By:	/s/ Terry L. Stevens
	Terry L. Stevens
	Senior Vice President and Chief Financial Officer

Date: August 11, 2011

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Mortgages and Notes Payable (Details) (USD $)							6 Months Ended			6 Months Ended
	Jun. 30, 2011	Dec. 31, 2010	Jun. 30, 2011 Secured indebtedness [Member]	Dec. 31, 2010 Secured indebtedness [Member]	Jun. 30, 2011 Unsecured indebtedness [Member]	Dec. 31, 2010 Unsecured indebtedness [Member]	Jun. 30, 2011 Bank term loan [Member]	Jun. 30, 2011 Unsecured revolving credit facility [Member]	Jul. 20, 2011 Unsecured revolving credit facility [Member]	Jun. 30, 2011 Secured construction facility [Member]
Debt Instrument [Line Items]
Total mortgages and notes payable	$ 1,615,068,000	$ 1,522,945,000	$ 748,563,000	$ 754,399,000	$ 866,505,000	$ 768,546,000
Aggregate undepreciated book value of secured real estate assets	1,200,000,000
Term of debt instrument (in years)							3
Early repayment of debt							10,000,000
Line Of Credit Facility [Line Items]
Maximum borrowing capacity								400,000,000		52,100,000
Maturity date								Feb. 21, 2013		Dec. 20, 2011
Additional borrowing capacity								50,000,000
Interest rate								LIBOR plus 290 basis points		LIBOR plus 85 basis points
Annual facility fee (in hundredths)								0.60%
Amount outstanding								75,400,000	77,000,000	52,100,000
Outstanding letters of credit								200,000	200,000
Unused borrowing capacity								$ 324,400,000	$ 322,800,000
Term of optional extension (in years)										1

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Consolidated Balance Sheets (Unaudited) (Parenthetical) (USD $) In Thousands, except Share data	Jun. 30, 2011	Dec. 31, 2010
Assets:
Accounts receivable allowance	$ 3,470	$ 3,595
Mortgages and notes receivable allowance	617	868
Accrued straight-line rents receivable allowance	1,360	2,209
Deferred financing and leasing costs, accumulated amortization	62,542	59,360
Equity:
Preferred Stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred Stock, authorized shares (in shares)	50,000,000	50,000,000
Common Stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common Stock, authorized shares (in shares)	200,000,000	200,000,000
Common Stock, shares issued (in shares)	72,399,428	71,690,487
Common Stock, shares outstanding (in shares)	72,399,428	71,690,487
Highwoods Realty Limited Partnership [Member]
Assets:
Accounts receivable allowance	3,470	3,595
Mortgages and notes receivable allowance	617	868
Accrued straight-line rents receivable allowance	1,360	2,209
Deferred financing and leasing costs, accumulated amortization	$ 62,542	$ 59,360
Redeemable Operating Partnership Units:
Redeemable Common Units, outstanding (in shares)	3,775,250	3,793,987
Common Units: [Abstract]
General Partner Common Units, outstanding (in shares)	757,659	750,757
Limited Partner Common Units, outstanding (in shares)	71,232,960	70,530,921
Highwoods Realty Limited Partnership [Member] | Series A Preferred Units [Member]
Redeemable Operating Partnership Units:
Preferred Units, liquidation preference (in dollars per share)	$ 1,000.00	$ 1,000.00
Preferred Units, issued (in shares)	29,087	29,092
Preferred Units, outstanding (in shares)	29,087	29,092
Highwoods Realty Limited Partnership [Member] | Series B Preferred Units [Member]
Redeemable Operating Partnership Units:
Preferred Units, liquidation preference (in dollars per share)	$ 25.00	$ 25.00
Preferred Units, issued (in shares)	0	2,100,000
Preferred Units, outstanding (in shares)	0	2,100,000
8.625% Series A Cumulative Redeemable Preferred Stock [Member]
Equity:
Preferred stock, liquidation preference (in dollars per share)	$ 1,000.00	$ 1,000.00
Preferred stock, shares issued (in shares)	29,087	29,092
Preferred stock, shares outstanding (in shares)	29,087	29,092
8.000% Series B Cumulative Redeemable Preferred Stock [Member]
Equity:
Preferred stock, liquidation preference (in dollars per share)	$ 25.00	$ 25.00
Preferred stock, shares issued (in shares)	0	2,100,000
Preferred stock, shares outstanding (in shares)	0	2,100,000

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Consolidated Statements of Income (Unaudited) (USD $) In Thousands, except Per Share data	3 Months Ended				6 Months Ended
	Jun. 30, 2011		Jun. 30, 2010		Jun. 30, 2011		Jun. 30, 2010
Rental and other revenues	$ 117,057		$ 113,765		$ 232,036		$ 228,268
Operating expenses:
Rental property and other expenses	41,143		38,143		82,341		79,647
Depreciation and amortization	33,430		33,260		67,147		65,898
General and administrative	7,978		6,980		15,771		15,487
Total operating expenses	82,551		78,383		165,259		161,032
Interest expense:
Contractual	22,940		21,705		45,371		43,507
Amortization of deferred financing costs	821		835		1,642		1,670
Financing obligations	146		394		437		870
Total interest expense	23,907		22,934		47,450		46,047
Other income:
Interest and other income	1,899		965		3,772		2,665
Loss on debt extinguishment	(24)		0		(24)		0
Total other income	1,875		965		3,748		2,665
Income from continuing operations before disposition of property, condominiums and investment in unconsolidated affiliates and equity in earnings of unconsolidated affiliates	12,474		13,413		23,075		23,854
Gains on disposition of property	200		17		200		36
Gains on disposition of for-sale residential condominiums	116		163		154		353
Gains on disposition of investment in unconsolidated affiliates	0		25,330		0		25,330
Equity in earnings of unconsolidated affiliates	1,353		888		2,820		1,683
Income from continuing operations	14,143		39,811		26,249		51,256
Discontinued operations:
Income from discontinued operations	291		498		628		961
Net losses on disposition of discontinued operations	0		(260)		0		(86)
Total discontinued operations	291		238		628		875
Net income	14,434		40,049		26,877		52,131
Net (income) attributable to noncontrolling interests in the Operating Partnership	(623)		(1,933)		(1,130)		(2,453)
Net (income) attributable to noncontrolling interests in consolidated affiliates	(182)		(215)		(305)		(429)
Dividends on Preferred Stock	(1,622)		(1,677)		(3,299)		(3,354)
Excess of Preferred Stock redemption/repurchase cost over carrying value	(1,895)		0		(1,895)		0
Net income available for common stockholders	10,112		36,224		20,248		45,895
Earnings per Common Share - basic:
Income from continuing operations available for common stockholders (in dollars per share)	$ 0.14		$ 0.51		$ 0.27		$ 0.63
Income from discontinued operations available for common stockholders (in dollars per share)	$ 0.00		$ 0.00		$ 0.01		$ 0.01
Net income available for common stockholders (in dollars per share)	$ 0.14		$ 0.51		$ 0.28		$ 0.64
Weighted average Common Shares outstanding - basic (in shares)	72,211		71,601		72,015		71,508
Earnings per Common Share - diluted:
Income from continuing operations available for common stockholders (in dollars per share)	$ 0.14		$ 0.50		$ 0.27		$ 0.63
Income from discontinued operations available for common stockholders (in dollars per share)	$ 0.00		$ 0.00		$ 0.01		$ 0.01
Net income available for common stockholders (in dollars per share)	$ 0.14		$ 0.50		$ 0.28		$ 0.64
Weighted average Common Shares outstanding - diluted (in shares)	76,197	[1]	75,607	[1]	75,987	[1]	75,504	[1]
Dividends declared per Common Share (in dollars per share)	$ 0.425		$ 0.425		$ 0.850		$ 0.850
Net income available for common stockholders:
Income from continuing operations available for common stockholders	9,836		35,998		19,652		45,064
Income from discontinued operations available for common stockholders	276		226		596		831
Net income available for common stockholders	10,112		36,224		20,248		45,895
Highwoods Realty Limited Partnership [Member]
Rental and other revenues	117,057		113,765		232,036		228,268
Operating expenses:
Rental property and other expenses	41,080		38,253		82,427		79,437
Depreciation and amortization	33,430		33,260		67,147		65,898
General and administrative	8,041		6,870		15,685		15,697
Total operating expenses	82,551		78,383		165,259		161,032
Interest expense:
Contractual	22,940		21,705		45,371		43,507
Amortization of deferred financing costs	821		835		1,642		1,670
Financing obligations	146		394		437		870
Total interest expense	23,907		22,934		47,450		46,047
Other income:
Interest and other income	1,899		965		3,772		2,665
Loss on debt extinguishment	(24)		0		(24)		0
Total other income	1,875		965		3,748		2,665
Income from continuing operations before disposition of property, condominiums and investment in unconsolidated affiliates and equity in earnings of unconsolidated affiliates	12,474		13,413		23,075		23,854
Gains on disposition of property	200		17		200		36
Gains on disposition of for-sale residential condominiums	116		163		154		353
Gains on disposition of investment in unconsolidated affiliates	0		25,330		0		25,330
Equity in earnings of unconsolidated affiliates	1,357		871		2,832		1,672
Income from continuing operations	14,147		39,794		26,261		51,245
Discontinued operations:
Income from discontinued operations	291		498		628		961
Net losses on disposition of discontinued operations	0		(260)		0		(86)
Total discontinued operations	291		238		628		875
Net income	14,438		40,032		26,889		52,120
Net (income) attributable to noncontrolling interests in consolidated affiliates	(182)		(215)		(305)		(429)
Distributions on Preferred Units	(1,622)		(1,677)		(3,299)		(3,354)
Excess of Preferred Unit redemption/repurchase cost over carrying value	(1,895)		0		(1,895)		0
Net income available for common unitholders	10,739		38,140		21,390		48,337
Earnings per Common Unit - basic:
Income from continuing operations available for common unitholders (in dollars per share)	$ 0.14		$ 0.51		$ 0.27		$ 0.64
Income from discontinued operations available for common unitholders (in dollars per share)	$ 0.00		$ 0.00		$ 0.01		$ 0.01
Net income available for common unitholders (in dollars per share)	$ 0.14		$ 0.51		$ 0.28		$ 0.65
Weighted average Common Units outstanding - basic (in shares)	75,586		74,989		75,393		74,907
Earnings per Common Unit - diluted:
Income from continuing operations available for common unitholders (in dollars per share)	$ 0.14		$ 0.51		$ 0.27		$ 0.64
Income from discontinued operations available for common unitholders (in dollars per share)	$ 0.00		$ 0.00		$ 0.01		$ 0.00
Net income available for common unitholders (in dollars per share)	$ 0.14		$ 0.51		$ 0.28		$ 0.64
Weighted average Common Units outstanding - diluted (in shares)	75,788		75,198		75,578		75,095
Distributions declared per Common Unit (in dollars per share)	$ 0.425		$ 0.425		$ 0.850		$ 0.850
Net income available for common unitholders:
Income from continuing operations available for common unitholders	10,448		37,902		20,762		47,462
Income from discontinued operations available for common unitholders	291		238		628		875
Net income available for common unitholders	$ 10,739		$ 38,140		$ 21,390		$ 48,337

[1] There were 0.3 million and 0.6 million options outstanding during the three and six months ended June 30, 2011 and 2010, respectively, that were not included in the computation of diluted earnings per share because the impact of including such options would be anti-dilutive.

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Share-Based Payments (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 1,400,000	$ 1,400,000	$ 3,453,000	$ 3,497,000
Total unrecognized stock-based compensation costs	$ 7,900,000		$ 7,900,000
Weighted average remaining contractual term for recognition of unrecognized stock-based compensation costs (in years)	2.4		2.4
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted			146,581
Weighted average grant date fair value of each stock option granted (in dollars per option)			$ 6.47
Time Based Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted (in shares)			76,166
Weighted average grant date fair values per share of restricted stock (in dollars per share)			$ 33.74
Total-Return Based Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted (in shares)			57,386
Weighted average grant date fair values per share of restricted stock (in dollars per share)			$ 41.02

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Mortgages and Notes Receivable (LP)

6 Months Ended

Jun. 30, 2011

Mortgages and Notes Receivable [Abstract]

Mortgages and Notes Receivable (LP)

3.      Mortgages and Notes Receivable

The following table sets forth our mortgages and notes receivable:

	June 30, 2011			December 31, 2010
Seller financing (first mortgages)	$	17,180		$	17,180
Less allowance		—			—
		17,180			17,180
Promissory notes		2,246			2,732
Less allowance		(617	)		(868	)
		1,629			1,864
Mortgages and notes receivable, net	$	18,809		$	19,044

The following table sets forth our notes receivable allowance, which relates only to promissory notes:

	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
Beginning notes receivable allowance	$	497		$	732		$	868		$	698
Bad debt expense		162			25			184			88
Write-offs		—			(5	)		(364	)		(5	)
Recoveries/other		(42	)		19			(71	)		(10	)
Total notes receivable allowance	$	617		$	771		$	617		$	771

Our mortgages and notes receivable consists primarily of seller financing issued in conjunction with two disposition transactions in the second quarter of 2010. As of June 30, 2011, the interest payments on both mortgages receivable were current and there were no indications of impairment on the receivables.

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Document And Entity Information (USD $)	6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010
Entity Registrant Name	Highwoods Properties Inc
Entity Central Index Key	0000921082
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float		$ 1,963,562,043
Entity Common Stock, Shares Outstanding	72,399,428
Document Fiscal Year Focus	2011
Document Fiscal Period Focus	Q2
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2011

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Investment in and Advances to Unconsolidated Affiliates (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Income Statements:
Revenues	$ 24,779,000	$ 31,714,000	$ 49,996,000	$ 67,302,000
Expenses:
Rental property and other expenses	10,774,000	15,632,000	22,771,000	32,799,000
Depreciation and amortization	6,295,000	7,778,000	12,911,000	17,378,000
Interest expense	5,858,000	7,233,000	11,865,000	15,798,000
Total expenses	22,927,000	30,643,000	47,547,000	65,975,000
Net income	1,852,000	1,071,000	2,449,000	1,327,000
Our share of:
Depreciation and amortization of real estate assets	2,033,000	2,737,000	4,126,000	6,078,000
Interest expense	2,033,000	2,755,000	4,194,000	6,178,000
Net income	749,000	308,000	1,670,000	520,000
Our share of net income	749,000	308,000	1,670,000	520,000
Purchase accounting and management, leasing and other fees adjustments	604,000	580,000	1,150,000	1,163,000
Equity in earnings of unconsolidated affiliates	1,353,000	888,000	2,820,000	1,683,000
Percentage of equity interest in joint ventures, minimum	10.00%		10.00%
Percentage of equity interest in joint ventures, maximum	50.00%		50.00%
Number of joint ventures with debt investment	1		1
Investments in and Advances to Affiliates [Line Items]
Advances to Affiliates loan amount	$ 38,300,000
Duration of loan, in years	1
Current interest rate	LIBOR plus 500 basis points
Interest rate reduction amount	50 basis points

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Mortgages and Notes Payable (LP)

6 Months Ended

Jun. 30, 2011

Mortgages and Notes Payable [Abstract]

Mortgages and Notes Payable (LP)

6.      Mortgages and Notes Payable

The following table sets forth our consolidated mortgages and notes payable:

	June 30, 2011		December 31, 2010
Secured indebtedness	$	748,563	$	754,399
Unsecured indebtedness		866,505		768,546
Total mortgages and notes payable	$	1,615,068	$	1,522,945

At June 30, 2011, our secured mortgage loans were secured by real estate assets with an aggregate undepreciated book value of $1.2 billion.

Our $400.0 million unsecured revolving credit facility is scheduled to mature on February 21, 2013 and includes an accordion feature that allows for an additional $50.0 million of borrowing capacity subject to additional lender commitments. Assuming we continue to have three publicly announced ratings from the credit rating agencies, the interest rate and facility fee under our revolving credit facility are based on the lower of the two highest publicly announced ratings. Based on our current credit ratings, the interest rate is LIBOR plus 290 basis points and the annual facility fee is 60 basis points. There was $75.4 million and $77.0 million outstanding under our revolving credit facility at June 30, 2011 and July 20, 2011, respectively. At both June 30, 2011 and July 20, 2011, we had $0.2 million of outstanding letters of credit, which reduces the availability on our revolving credit facility. As a result, the unused capacity of our revolving credit facility at June 30, 2011 and July 20, 2011 was $324.4 million and $322.8 million, respectively.

Our secured construction facility, which has $52.1 million outstanding at June 30, 2011, is scheduled to mature on December 20, 2011. Assuming no defaults have occurred, we have the option to extend the maturity date for an additional one-year period. The interest rate is LIBOR plus 85 basis points. During the second quarter of 2011, we exercised our right to reduce the borrowing capacity of this facility to $52.1 million.

In the second quarter of 2011, we repaid the remaining $10.0 million of a three-year unsecured term loan before maturity. We incurred no penalties related to this repayment.

We are currently in compliance with the debt covenants and other requirements with respect to our outstanding debt.

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Mortgages and Notes Receivable (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010	Dec. 31, 2010
Schedule of mortgages and notes receivable
Seller financing (first mortgages)	$ 17,180		$ 17,180		$ 17,180
Less allowance	0		0		0
Seller financing, net	17,180		17,180		17,180
Promissory notes	2,246		2,246		2,732
Less allowance	(617)		(617)		(868)
Promissory notes, net	1,629		1,629		1,864
Mortgages and notes receivable, net	18,809		18,809		19,044
Notes receivable allowance, promissory notes
Beginning notes receivable allowance	497	732	868	698
Bad debt expense	162	25	184	88
Write-offs	0	(5)	(364)	(5)
Recoveries/other	(42)	19	(71)	(10)
Total notes receivable allowance	$ 617	$ 771	$ 617	$ 771
Number Of Transactions With Seller Financing		2

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Mortgages and Notes Payable

6 Months Ended

Jun. 30, 2011

Mortgages and Notes Payable [Abstract]

Mortgages and Notes Payable

6.      Mortgages and Notes Payable

The following table sets forth our consolidated mortgages and notes payable:

	June 30, 2011		December 31, 2010
Secured indebtedness	$	748,563	$	754,399
Unsecured indebtedness		866,505		768,546
Total mortgages and notes payable	$	1,615,068	$	1,522,945

At June 30, 2011, our secured mortgage loans were secured by real estate assets with an aggregate undepreciated book value of $1.2 billion.

Our $400.0 million unsecured revolving credit facility is scheduled to mature on February 21, 2013 and includes an accordion feature that allows for an additional $50.0 million of borrowing capacity subject to additional lender commitments. Assuming we continue to have three publicly announced ratings from the credit rating agencies, the interest rate and facility fee under our revolving credit facility are based on the lower of the two highest publicly announced ratings. Based on our current credit ratings, the interest rate is LIBOR plus 290 basis points and the annual facility fee is 60 basis points. There was $75.4 million and $77.0 million outstanding under our revolving credit facility at June 30, 2011 and July 20, 2011, respectively. At both June 30, 2011 and July 20, 2011, we had $0.2 million of outstanding letters of credit, which reduces the availability on our revolving credit facility. As a result, the unused capacity of our revolving credit facility at June 30, 2011 and July 20, 2011 was $324.4 million and $322.8 million, respectively.

Our secured construction facility, which has $52.1 million outstanding at June 30, 2011, is scheduled to mature on December 20, 2011. Assuming no defaults have occurred, we have the option to extend the maturity date for an additional one-year period. The interest rate is LIBOR plus 85 basis points. During the second quarter of 2011, we exercised our right to reduce the borrowing capacity of this facility to $52.1 million.

In the second quarter of 2011, we repaid the remaining $10.0 million of a three-year unsecured term loan before maturity. We incurred no penalties related to this repayment.

We are currently in compliance with the debt covenants and other requirements with respect to our outstanding debt.

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Noncontrolling Interests (LP)

6 Months Ended

Jun. 30, 2011

Noncontrolling Interests [Abstract]

Noncontrolling Interests

7.      Noncontrolling Interests

Noncontrolling Interests in Consolidated Affiliates

At June 30, 2011, noncontrolling interests in consolidated affiliates relates to our joint venture partner’s 50.0% interest in office properties located in Richmond, VA. Our joint venture partner is an unrelated third party.

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Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2011

Earnings Per Share [Abstract]

Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per Common Share:

	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
Earnings per Common Share - basic:
Numerator:
Income from continuing operations	$	14,143		$	39,811		$	26,249		$	51,256
Net (income) attributable to noncontrolling  interests in the Operating Partnership from continuing operations		(608	)		(1,921	)		(1,098	)		(2,409	)
Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations		(182	)		(215	)		(305	)		(429	)
Dividends on Preferred Stock		(1,622	)		(1,677	)		(3,299	)		(3,354	)
Excess of Preferred Stock redemption/repurchase cost over carrying value		(1,895	)		—			(1,895	)		—
Income from continuing operations available for common stockholders		9,836			35,998			19,652			45,064
Income from discontinued operations		291			238			628			875
Net (income) attributable to noncontrolling interests in the Operating Partnership from discontinued operations		(15	)		(12	)		(32	)		(44	)
Income from discontinued operations available for common stockholders		276			226			596			831
Net income available for common stockholders	$	10,112		$	36,224		$	20,248		$	45,895
Denominator:
Denominator for basic earnings per Common Share – weighted average shares		72,211			71,601			72,015			71,508
Earnings per Common Share – basic:
Income from continuing operations available for common stockholders	$	0.14		$	0.51		$	0.27		$	0.63
Income from discontinued operations available for common stockholders		—			—			0.01			0.01
Net income available for common stockholders	$	0.14		$	0.51		$	0.28		$	0.64
Earnings per Common Share - diluted:
Numerator:
Income from continuing operations	$	14,143		$	39,811		$	26,249		$	51,256
Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations		(182	)		(215	)		(305	)		(429	)
Dividends on Preferred Stock		(1,622	)		(1,677	)		(3,299	)		(3,354	)
Excess of Preferred Stock redemption/repurchase cost over carrying value		(1,895	)		—			(1,895	)		—
Income from continuing operations available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership		10,444			37,919			20,750			47,473
Income from discontinued operations available for common stockholders		291			238			628			875
Net income available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership	$	10,735		$	38,157		$	21,378		$	48,348
Denominator:
Denominator for basic earnings per Common Share –weighted average shares		72,211			71,601			72,015			71,508
Add:
Stock options using the treasury method		202			209			185			188
Noncontrolling interests partnership units		3,784			3,797			3,787			3,808
Denominator for diluted earnings per Common Share – adjusted weighted average shares and assumed conversions (1)		76,197			75,607			75,987			75,504
Earnings per Common Share – diluted:
Income from continuing operations available for common stockholders	$	0.14			0.50			0.27			0.63
Income from discontinued operations available for common stockholders		—			—			0.01			0.01
Net income available for common stockholders	$	0.14			0.50			0.28			0.64

__________

(1) There were 0.3 million and 0.6 million options outstanding during the three and six months ended June 30, 2011 and 2010, respectively, that were not included in the computation of diluted earnings per share because the impact of including such options would be anti-dilutive.

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Mortgages and Notes Payable (Tables)

6 Months Ended

Jun. 30, 2011

Mortgages and Notes Payable [Abstract]

Consolidated mortgages and notes payable

The following table sets forth our consolidated mortgages and notes payable:

	June 30, 2011		December 31, 2010
Secured indebtedness	$	748,563	$	754,399
Unsecured indebtedness		866,505		768,546
Total mortgages and notes payable	$	1,615,068	$	1,522,945

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Intangible Assets and Liabilities LP

6 Months Ended

Jun. 30, 2011

Intangible Assets and Liabilities [Abstract]

Intangible Assets and Liabilities

5.      Intangible Assets and Liabilities

The following table sets forth total intangible assets and liabilities, net of accumulated amortization:

	June 30, 2011			December 31, 2010
Assets:
Deferred financing costs	$	17,295		$	16,412
Less accumulated amortization		(7,996	)		(7,054	)
		9,299			9,358
Deferred leasing costs (including lease incentives and acquisition-related intangible assets)		130,415			127,949
Less accumulated amortization		(54,546	)		(52,306	)
		75,869			75,643
Deferred financing and leasing costs, net	$	85,168		$	85,001
Liabilities (in accounts payable, accrued expenses and other liabilities):
Acquisition-related intangible liabilities	$	720		$	658
Less accumulated amortization		(226	)		(125	)
	$	494		$	533

The following table sets forth amortization of intangible assets and liabilities:

	Three Months Ended June 30,				Six Months Ended June 30,
	2011		2010		2011		2010
Amortization of deferred financing costs	$	821	$	835	$	1,642	$	1,670
Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization)	$	4,401	$	3,817	$	8,757	$	7,583
Amortization of lease incentives (in rental and other revenues)	$	303	$	276	$	641	$	537
Amortization of acquisition-related intangible assets and liabilities (in rental and other revenues)	$	166	$	36	$	327	$	76

The following table sets forth scheduled future amortization of intangible assets and liabilities:

	Amortization of Deferred Financing Costs		Amortization of Deferred Leasing Costs and Acquisition-Related Intangible Assets (in Depreciation and Amortization)		Amortization of Lease Incentives (in Rental and Other Revenues)		Amortization of Acquisition-Related Intangible Assets and Liabilities (in Rental and Other Revenues)
July 1, 2011 through December 31, 2011	$	1,724	$	8,653	$	613	$	320
2012		3,093		15,087		1,141		561
2013		1,486		12,106		983		390
2014		1,098		9,398		819		298
2015		1,098		6,966		603		188
Thereafter		800		14,690		2,088		471
	$	9,299	$	66,900	$	6,247	$	2,228

The weighted average remaining amortization periods for deferred financing costs, deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization), lease incentives (in rental and other revenues) and acquisition-related intangible assets and liabilities (in rental and other revenues) were 3.3 years, 6.1 years, 7.9 years and 6.3 years, respectively, as of June 30, 2011.

In connection with the acquisition of a medical office property in Raleigh, NC in the second quarter of 2011, we recorded $0.1 million of above market lease intangible assets and $0.9 million of in-place lease intangible assets with weighted average amortization periods of 3.0 years each at the date of the acquisition.

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Discontinued Operations

6 Months Ended

Jun. 30, 2011

Discontinued Operations [Abstract]

Discontinued Operations

11.      Discontinued Operations

The following table sets forth our operations which required classification as discontinued operations:

	Three Months Ended June 30,					Six Months Ended June 30,
	2011		2010			2011		2010
Rental and other revenues	$	500	$	1,227		$	1,113	$	2,557
Operating expenses:
Rental property and other expenses		178		455			359		1,048
Depreciation and amortization		32		275			127		549
Total operating expenses		210		730			486		1,597
Other income		1		1			1		1
Income from discontinued operations		291		498			628		961
Net losses on disposition of discontinued operations		—		(260	)		—		(86	)
Total discontinued operations	$	291	$	238		$	628	$	875

The following table sets forth the major classes of assets and liabilities of the properties classified as held for sale:

	June 30, 2011			December 31, 2010
Assets:
Land	$	2,788		$	2,788
Buildings and tenant improvements		12,663			12,707
Land held for development		967			2,766
Total real estate assets		16,418			18,261
Less accumulated depreciation		(5,113	)		(5,012	)
Net real estate assets		11,305			13,249
Deferred leasing costs, net		55			58
Accrued straight line rents receivable		249			257
Prepaid expenses and other assets		—			43
Real estate and other assets, net, held for sale	$	11,609		$	13,607
Tenant security deposits, deferred rents and accrued costs (1)	$	123		$	11

(1) Included in accounts payable, accrued expenses and other liabilities.

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Real Estate Assets

6 Months Ended

Jun. 30, 2011

Real Estate Assets [Abstract]

Real Estate Assets

2.      Real Estate Assets

Acquisitions

During the second quarter of 2011, we acquired a 48,000 square foot medical office property in Raleigh, NC for approximately $9.0 million in cash and incurred $0.1 million of acquisition-related costs.

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Mortgages and Notes Receivable (Tables)

6 Months Ended

Jun. 30, 2011

Mortgages and Notes Receivable [Abstract]

Mortgages and Notes Receivable

The following table sets forth our mortgages and notes receivable:

	June 30, 2011			December 31, 2010
Seller financing (first mortgages)	$	17,180		$	17,180
Less allowance		—			—
		17,180			17,180
Promissory notes		2,246			2,732
Less allowance		(617	)		(868	)
		1,629			1,864
Mortgages and notes receivable, net	$	18,809		$	19,044

Schedule of notes receivable allowance

The following table sets forth our notes receivable allowance, which relates only to promissory notes:

	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
Beginning notes receivable allowance	$	497		$	732		$	868		$	698
Bad debt expense		162			25			184			88
Write-offs		—			(5	)		(364	)		(5	)
Recoveries/other		(42	)		19			(71	)		(10	)
Total notes receivable allowance	$	617		$	771		$	617		$	771

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Disclosure About Fair Value of Financial Instruments

6 Months Ended

Jun. 30, 2011

Disclosure About Fair Value of Financial Instruments [Abstract]

Disclosure About Fair Value of Financial Instruments

8.      Disclosure About Fair Value of Financial Instruments

The following summarizes the three levels of inputs that we use to measure fair value, as well as the assets, noncontrolling interests in the Operating Partnership and liabilities that we recognize at fair value using those levels of inputs.

Level 1.  Quoted prices in active markets for identical assets or liabilities.

Our Level 1 assets are investments in marketable securities which we use to pay benefits under our non-qualified deferred compensation plan. Our Level 1 noncontrolling interests in the Operating Partnership relate to the ownership of Common Units by various individuals and entities other than the Company. Our Level 1 liability is our non-qualified deferred compensation obligation.

Level 2. Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the related assets or liabilities.

We had no Level 2 assets or liabilities at both June 30, 2011 and December 31, 2010.

Level 3. Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.

Our Level 3 asset is our tax increment financing bond, which is not routinely traded but whose fair value is determined using an estimate of projected redemption value based on quoted bid/ask prices for similar unrated municipal bonds.

The following tables set forth the assets, noncontrolling interests in the Operating Partnership and liability that we measure at fair value by level within the fair value hierarchy. We determine the level based on the lowest level of substantive input used to determine fair value.

	June 30, 2011		Level 1		Level 3
Assets:
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)	$	3,876	$	3,876	$	—
Tax increment financing bond (in prepaid expenses and other assets)		15,228		—		15,228
Total Assets	$	19,104	$	3,876	$	15,228
Noncontrolling Interests in the Operating Partnership	$	125,075	$	125,075	$	—
Liability:
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)	$	3,876	$	3,876	$	—

	December 31, 2010		Level 1		Level 3
Assets:
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)	$	3,479	$	3,479	$	—
Tax increment financing bond (in prepaid expenses and other assets)		15,699		—		15,699
Total Assets	$	19,178	$	3,479	$	15,699
Noncontrolling Interests in the Operating Partnership	$	120,838	$	120,838	$	—
Liability:
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)	$	4,091	$	4,091	$	—

The following table sets forth our Level 3 asset:

	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
Asset:
Tax Increment Financing Bond
Beginning balance	$	15,564		$	17,090		$	15,699		$	16,871
Unrealized gain/(loss) (in AOCL)		(336	)		(73	)		(471	)		146
Ending balance	$	15,228		$	17,017		$	15,228		$	17,017

We own a tax increment financing bond associated with a property developed by us. This bond amortizes to maturity in 2020. The estimated fair value at June 30, 2011 was $3.0 million below the outstanding principal due on the bond. If the yield-to-maturity used to fair value this bond was 100 basis points higher or lower, the fair value of the bond would have been $0.6 million lower or higher, respectively, as of June 30, 2011. Currently, we intend to hold this bond and have concluded that we will not be required to sell this bond before recovery of the bond principal. Payment of the principal and interest for the bond is guaranteed by us and, therefore, we have recorded no credit losses related to the bond in the three and six months ended June 30, 2011 and 2010. There is no legal right of offset with the liability, which we report as a financing obligation, related to this tax increment financing bond.

The following table sets forth the carrying amounts and fair values of our financial instruments not disclosed elsewhere in this Quarterly Report on Form 10-Q:

	Carrying Amount		Fair Value
June 30, 2011
Mortgages and notes receivable	$	18,809	$	19,141
Mortgages and notes payable	$	1,615,068	$	1,725,186
Financing obligations	$	32,869	$	20,852
December 31, 2010
Mortgages and notes receivable	$	19,044	$	19,093
Mortgages and notes payable	$	1,522,945	$	1,581,518
Financing obligations	$	33,114	$	23,880

The fair values of our mortgages and notes receivable, mortgages and notes payable and financing obligations were estimated using the income or market approaches to approximate the price that would be paid in an orderly transaction between market participants on the respective measurement dates. The carrying values of our cash and cash equivalents, restricted cash, accounts receivable, marketable securities of non-qualified deferred compensation plan, tax increment financing bond, non-qualified deferred compensation obligation and noncontrolling interests in the Operating Partnership are equal to or approximate fair value.

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Segment Information

6 Months Ended

Jun. 30, 2011

Segment Information [Abstract]

Segment Information

13.      Segment Information

The following table summarizes the rental and other revenues and net operating income, the primary industry property-level performance metric which is defined as rental and other revenues less rental property and other expenses, for each reportable segment:

	Three Months Ended June 30,				Six Months Ended June 30,
	2011		2010		2011		2010
Rental and Other Revenues: (1)
Office:
Atlanta, GA	$	12,341	$	12,065	$	24,245	$	24,198
Greenville, SC		3,437		3,451		6,943		7,127
Kansas City, MO		3,586		3,663		7,243		7,371
Memphis, TN		10,077		7,328		20,180		15,196
Nashville, TN		15,362		14,851		29,977		29,964
Orlando, FL		2,619		3,059		4,937		6,064
Piedmont Triad, NC		5,273		5,367		10,637		10,764
Raleigh, NC		20,103		18,523		39,423		37,328
Richmond, VA		11,668		11,483		23,047		23,276
Tampa, FL		17,458		18,037		34,250		35,979
Total Office Segment		101,924		97,827		200,882		197,267
Industrial:
Atlanta, GA		4,028		3,842		7,962		7,817
Piedmont Triad, NC		2,825		3,044		5,803		6,065
Total Industrial Segment		6,853		6,886		13,765		13,882
Retail:
Kansas City, MO		8,203		8,749		17,104		16,437
Total Retail Segment		8,203		8,749		17,104		16,437
Residential:
Kansas City, MO		77		303		285		682
Total Residential Segment		77		303		285		682
Total Rental and Other Revenues	$	117,057	$	113,765	$	232,036	$	228,268

	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
Net Operating Income: (1)
Office:
Atlanta, GA	$	7,973		$	7,828		$	15,467		$	15,461
Greenville, SC		2,067			2,168			4,143			4,449
Kansas City, MO		2,113			2,327			4,228			4,540
Memphis, TN		5,462			4,223			11,224			9,507
Nashville, TN		10,329			10,065			19,981			19,934
Orlando, FL		1,285			1,723			2,451			3,336
Piedmont Triad, NC		3,452			3,791			7,055			7,091
Raleigh, NC		14,270			13,046			27,473			25,675
Richmond, VA		8,232			8,405			16,092			16,355
Tampa, FL		10,802			10,991			21,192			21,811
Total Office Segment		65,985			64,567			129,306			128,159
Industrial:
Atlanta, GA		3,001			2,793			5,841			5,563
Piedmont Triad, NC		2,107			2,328			4,332			4,375
Total Industrial Segment		5,108			5,121			10,173			9,938
Retail:
Kansas City, MO		4,832			5,746			10,123			10,098
Total Retail Segment		4,832			5,746			10,123			10,098
Residential:
Kansas City, MO		(11	)		188			93			426
Total Residential Segment		(11	)		188			93			426
Total Net Operating Income		75,914			75,622			149,695			148,621
Reconciliation to income from continuing operations before disposition of property, condominiums and investment in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
Depreciation and amortization		(33,430	)		(33,260	)		(67,147	)		(65,898	)
General and administrative expense		(7,978	)		(6,980	)		(15,771	)		(15,487	)
Interest expense		(23,907	)		(22,934	)		(47,450	)		(46,047	)
Interest and other income		1,875			965			3,748			2,665
Income from continuing operations before disposition of property, condominiums and investment in unconsolidated affiliates and equity in earnings of unconsolidated affiliates	$	12,474		$	13,413		$	23,075		$	23,854

__________

(1) Net of discontinued operations.

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Share-Based Payments

6 Months Ended

Jun. 30, 2011

Share-Based Payments [Abstract]

Share-Based Payments

9.      Share-Based Payments

During the six months ended June 30, 2011, we granted 146,581 stock options with an exercise price equal to the closing market price of a share of our Common Stock on the date of grant. The fair value of each option grant is estimated on the date of grant using the Black-Scholes option pricing model, which resulted in a weighted average grant date fair value per share of $6.47. During the six months ended June 30, 2011, we also granted 76,166 shares of time-based restricted stock and 57,386 shares of total return-based restricted stock with weighted average grant date fair values per share of $33.74 and $41.02, respectively. We recorded stock-based compensation expense of $1.4 million each during the three months ended June 30, 2011 and 2010, and $3.5 million each during the six months ended June 30, 2011 and 2010. At June 30, 2011, there was $7.9 million of total unrecognized stock-based compensation costs, which will be recognized over a weighted average remaining service period of 2.4 years.

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Earnings Per Unit (LP)

6 Months Ended

Jun. 30, 2011

Earnings Per Share [Abstract]

Earnings Per Share

12.      Earnings Per Unit

The following table sets forth the computation of basic and diluted earnings per Common Unit:

	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
Earnings per Common Unit - basic:
Numerator:
Income from continuing operations	$	14,147		$	39,794		$	26,261		$	51,245
Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations		(182	)		(215	)		(305	)		(429	)
Distributions on Preferred Units		(1,622	)		(1,677	)		(3,299	)		(3,354	)
Excess of Preferred Unit redemption/repurchase cost over carrying value		(1,895	)		—			(1,895	)		—
Income from continuing operations available for common unitholders		10,448			37,902			20,762			47,462
Income from discontinued operations		291			238			628			875
Net income available for common unitholders	$	10,739		$	38,140		$	21,390		$	48,337
Denominator:
Denominator for basic earnings per Common Unit – weighted average units		75,586			74,989			75,393			74,907
Earnings per Common Unit – basic:
Income from continuing operations available for common unitholders	$	0.14		$	0.51		$	0.27		$	0.64
Income from discontinued operations available for common unitholders		—			—			0.01			0.01
Net income available for common unitholders	$	0.14		$	0.51		$	0.28		$	0.65
Earnings per Common Unit - diluted:
Numerator:
Income from continuing operations	$	14,147		$	39,794		$	26,261		$	51,245
Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations		(182	)		(215	)		(305	)		(429	)
Distributions on Preferred Units		(1,622	)		(1,677	)		(3,299	)		(3,354	)
Excess of Preferred Unit redemption/repurchase cost over carrying value		(1,895	)		—			(1,895	)		—
Income from continuing operations available for common unitholders		10,448			37,902			20,762			47,462
Income from discontinued operations		291			238			628			875
Net income available for common unitholders	$	10,739		$	38,140		$	21,390		$	48,337
Denominator:
Denominator for basic earnings per Common Unit –weighted average units		75,586			74,989			75,393			74,907
Add:
Units options using the treasury method		202			209			185			188
Denominator for diluted earnings per Common Unit – adjusted weighted average units and assumed conversions (1)		75,788			75,198			75,578			75,095
Earnings per Common Unit – diluted:
Income from continuing operations available for common unitholders	$	0.14			0.51			0.27			0.64
Income from discontinued operations available for common unitholders		—			—			0.01			—
Net income available for common unitholders	$	0.14			0.51			0.28			0.64

__________

(1) There were 0.3 million and 0.6 million options outstanding during the three and six months ended June 30, 2011 and 2010, respectively, that were not included in the computation of diluted earnings per share because the impact of including such options would be anti-dilutive.

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Noncontrolling Interests

6 Months Ended

Jun. 30, 2011

Noncontrolling Interests [Abstract]

Noncontrolling Interests

7.      Noncontrolling Interests

Noncontrolling Interests in the Operating Partnership

Noncontrolling interests in the Operating Partnership relate to the ownership of Common Units by various individuals and entities other than the Company. The following table sets forth noncontrolling interests in the Operating Partnership:

	Six Months Ended June 30,
	2011			2010
Beginning noncontrolling interests in the Operating Partnership	$	120,838		$	129,769
Adjustments of noncontrolling interests in the Operating Partnership to fair value		6,957			(20,612	)
Conversion of Common Units to Common Stock		(635	)		(2,958	)
Net income attributable to noncontrolling interests in the Operating Partnership		1,130			2,453
Distributions to noncontrolling interests in the Operating Partnership		(3,215	)		(3,243	)
Total noncontrolling interests in the Operating Partnership	$	125,075		$	105,409

The following table sets forth net income available for common stockholders and transfers from noncontrolling interests in the Operating Partnership:

	Three Months Ended June 30,				Six Months Ended June 30,
	2011		2010		2011		2010
Net income available for common stockholders	$	10,112	$	36,224	$	20,248	$	45,895
Increase in additional paid in capital from conversion of Common Units to Common Stock		449		33		635		2,957
Change in equity from net income available for common stockholders and conversion of Common Units to Common Stock	$	10,561	$	36,257	$	20,883	$	48,852

Noncontrolling Interests in Consolidated Affiliates

At June 30, 2011, noncontrolling interests in consolidated affiliates relates to our joint venture partner’s 50.0% interest in office properties located in Richmond, VA. Our joint venture partner is an unrelated third party.

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Disclosure About Fair Value of Financial Instruments (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010	Dec. 31, 2010
Assets [Abstract]
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)	$ 3,876,000		$ 3,876,000		$ 3,479,000
Tax increment financing bond (in prepaid expenses and other assets)	15,228,000		15,228,000		15,699,000
Total Assets	19,104,000		19,104,000		19,178,000
Noncontrolling Interests in the Operating Partnership	125,075,000		125,075,000		120,838,000
Liability [Abstract]
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)	3,876,000		3,876,000		4,091,000
Tax increment financing bond [Abstract]
Unrealized gain/(loss) (in AOCL)	(336,000)	(73,000)	(471,000)	146,000
Amount by which outstanding principal amount exceeds estimated fair value	3,013,000		3,013,000		2,543,000
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Mortgages and notes receivable	18,809,000		18,809,000		19,044,000
Mortgages and notes payable	1,615,068,000		1,615,068,000		1,522,945,000
Financing obligations	32,869,000		32,869,000		33,114,000
Level 1 [Member]
Assets [Abstract]
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)	3,876,000		3,876,000		3,479,000
Tax increment financing bond (in prepaid expenses and other assets)	0		0		0
Total Assets	3,876,000		3,876,000		3,479,000
Noncontrolling Interests in the Operating Partnership	125,075,000		125,075,000		120,838,000
Liability [Abstract]
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)	3,876,000		3,876,000		4,091,000
Level 3 [Member]
Assets [Abstract]
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)	0		0		0
Tax increment financing bond (in prepaid expenses and other assets)	15,228,000		15,228,000		15,699,000
Total Assets	15,228,000		15,228,000		15,699,000
Noncontrolling Interests in the Operating Partnership	0		0		0
Liability [Abstract]
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)	0		0		0
Tax Increment Financing Bond [Member]
Tax increment financing bond [Abstract]
Beginning balance	15,564,000	17,090,000	15,699,000	16,871,000
Unrealized gain/(loss) (in AOCL)	(336,000)	(73,000)	(471,000)	146,000
Ending balance	15,228,000	17,017,000	15,228,000	17,017,000
Amount by which outstanding principal amount exceeds estimated fair value	3,000,000		3,000,000
Maturity date			Dec. 01, 2020
Decrease in fair value of bond if yield-to-maturity was 100 basis points higher	600,000		600,000
Increase in fair value of bond if yield-to-maturity was 100 basis points lower	600,000		600,000
Fair value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Mortgages and notes receivable	19,141,000		19,141,000		19,093,000
Mortgages and notes payable	1,725,186,000		1,725,186,000		1,581,518,000
Financing obligations	20,852,000		20,852,000		23,880,000
Carrying value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Mortgages and notes receivable	18,809,000		18,809,000		19,044,000
Mortgages and notes payable	1,615,068,000		1,615,068,000		1,522,945,000
Financing obligations	$ 32,869,000		$ 32,869,000		$ 33,114,000

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Consolidated Statements of Cash Flows (Unaudited) (USD $) In Thousands	6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010
Operating activities:
Net income	$ 26,877	$ 52,131
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	67,274	66,447
Amortization of lease incentives and acquisition-related intangible assets and liabilities	968	537
Share-based compensation expense	3,453	3,497
Allowance for losses on accounts and accrued straight-line rents receivable	1,029	2,636
Amortization of deferred financing costs	1,642	1,670
Amortization of settled cash-flow hedges	(58)	287
Loss on debt extinguishment	24	0
Net (gains)/losses on disposition of property	(200)	50
Gains on disposition of for-sale residential condominiums	(154)	(353)
Gains on disposition of investment in unconsolidated affiliates	0	(25,330)
Equity in earnings of unconsolidated affiliates	(2,820)	(1,683)
Changes in financing obligations	(245)	81
Distributions of earnings from unconsolidated affiliates	2,162	1,717
Changes in operating assets and liabilities:
Accounts receivable	(1,821)	(1,430)
Prepaid expenses and other assets	(644)	1,734
Accrued straight-line rents receivable	(6,098)	(5,296)
Accounts payable, accrued expenses and other liabilities	(3,794)	3,352
Net cash provided by operating activities	87,595	100,047
Investing activities:
Additions to real estate assets and deferred leasing costs	(44,447)	(38,292)
Net proceeds from disposition of real estate assets	2,063	6,801
Net proceeds from disposition of for-sale residential condominiums	2,401	3,186
Proceeds from disposition of investment in unconsolidated affiliates	0	15,000
Distributions of capital from unconsolidated affiliates	632	1,106
Repayments of mortgages and notes receivable	235	29
Investment in and advances to unconsolidated affiliates	(39,402)	(303)
Changes in restricted cash and other investing activities	(395)	(3,178)
Net cash used in investing activities	(78,913)	(15,651)
Financing activities:
Dividends on Common Stock	(61,069)	(60,753)
Redemptions/repurchases of Preferred Stock	(52,505)	0
Dividends on Preferred Stock	(3,299)	(3,354)
Distributions to noncontrolling interests in the Operating Partnership	(3,215)	(3,243)
Distributions to noncontrolling interests in consolidated affiliates	(319)	(324)
Net proceeds from the issuance of Common Stock	16,984	1,062
Borrowings on revolving credit facility	124,700	4,000
Repayments of revolving credit facility	(79,300)	(4,000)
Borrowings on mortgages and notes payable	200,000	0
Repayments of mortgages and notes payable	(153,522)	(5,452)
Additions to deferred financing costs and other financing activities	(2,104)	(188)
Net cash used in financing activities	(13,649)	(72,252)
Net increase/(decrease) in cash and cash equivalents	(4,967)	12,144
Cash and cash equivalents at beginning of the period	14,206	23,699
Cash and cash equivalents at end of the period	9,239	35,843
Supplemental disclosure of cash flow information:
Cash paid for interest, net of amounts capitalized	44,948	43,204
Supplemental disclosure of non-cash investing and financing activities:
Conversion of Common Units to Common Stock	635	2,958
Change in accrued capital expenditures	1,525	(2,294)
Write-off of fully depreciated real estate assets	23,352	24,273
Write-off of fully amortized deferred financing and leasing costs	8,247	7,963
Unrealized gains on marketable securities of non-qualified deferred compensation plan	210	174
Settlement of financing obligation	0	4,184
Adjustment of noncontrolling interests in the Operating Partnership to fair value	6,957	(20,612)
Unrealized gain/(loss) on tax increment financing bond	(471)	146
Mortgages receivable from seller financing	0	17,030
Highwoods Realty Limited Partnership [Member]
Operating activities:
Net income	26,889	52,120
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	67,274	66,447
Amortization of lease incentives and acquisition-related intangible assets and liabilities	968	537
Share-based compensation expense	3,453	3,497
Allowance for losses on accounts and accrued straight-line rents receivable	1,029	2,636
Amortization of deferred financing costs	1,642	1,670
Amortization of settled cash-flow hedges	(58)	287
Loss on debt extinguishment	24	0
Net (gains)/losses on disposition of property	(200)	50
Gains on disposition of for-sale residential condominiums	(154)	(353)
Gains on disposition of investment in unconsolidated affiliates	0	(25,330)
Equity in earnings of unconsolidated affiliates	(2,832)	(1,672)
Changes in financing obligations	(245)	81
Distributions of earnings from unconsolidated affiliates	2,150	1,704
Changes in operating assets and liabilities:
Accounts receivable	(1,821)	(1,616)
Prepaid expenses and other assets	(544)	1,769
Accrued straight-line rents receivable	(6,098)	(5,296)
Accounts payable, accrued expenses and other liabilities	(3,794)	3,352
Net cash provided by operating activities	87,683	99,883
Investing activities:
Additions to real estate assets and deferred leasing costs	(44,447)	(38,292)
Net proceeds from disposition of real estate assets	2,063	6,801
Net proceeds from disposition of for-sale residential condominiums	2,401	3,186
Proceeds from disposition of investment in unconsolidated affiliates	0	15,000
Distributions of capital from unconsolidated affiliates	632	1,106
Repayments of mortgages and notes receivable	235	29
Investment in and advances to unconsolidated affiliates	(39,402)	(303)
Changes in restricted cash and other investing activities	(395)	(3,178)
Net cash used in investing activities	(78,913)	(15,651)
Financing activities:
Distributions on Common Units	(63,936)	(63,648)
Redemptions/repurchases of Preferred Units	(52,505)	0
Distributions on Preferred Units	(3,299)	(3,354)
Distributions to noncontrolling interests in consolidated affiliates	(319)	(324)
Net proceeds from the issuance of Common Units	16,984	1,062
Borrowings on revolving credit facility	124,700	4,000
Repayments of revolving credit facility	(79,300)	(4,000)
Borrowings on mortgages and notes payable	200,000	0
Repayments of mortgages and notes payable	(153,522)	(5,452)
Additions to deferred financing costs and other financing activities	(2,684)	(290)
Net cash used in financing activities	(13,881)	(72,006)
Net increase/(decrease) in cash and cash equivalents	(5,111)	12,226
Cash and cash equivalents at beginning of the period	14,198	23,519
Cash and cash equivalents at end of the period	9,087	35,745
Supplemental disclosure of cash flow information:
Cash paid for interest, net of amounts capitalized	44,948	43,204
Supplemental disclosure of non-cash investing and financing activities:
Change in accrued capital expenditures	1,525	(2,294)
Write-off of fully depreciated real estate assets	23,352	24,273
Write-off of fully amortized deferred financing and leasing costs	8,247	7,963
Unrealized gains on marketable securities of non-qualified deferred compensation plan	210	174
Settlement of financing obligation	0	4,184
Adjustment of Redeemable Common Units to fair value	4,237	(24,360)
Unrealized gain/(loss) on tax increment financing bond	(471)	146
Mortgages receivable from seller financing	$ 0	$ 17,030

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Mortgages and Notes Receivable

6 Months Ended

Jun. 30, 2011

Mortgages and Notes Receivable [Abstract]

Mortgages and Notes Receivable

3.      Mortgages and Notes Receivable

The following table sets forth our mortgages and notes receivable:

	June 30, 2011			December 31, 2010
Seller financing (first mortgages)	$	17,180		$	17,180
Less allowance		—			—
		17,180			17,180
Promissory notes		2,246			2,732
Less allowance		(617	)		(868	)
		1,629			1,864
Mortgages and notes receivable, net	$	18,809		$	19,044

The following table sets forth our notes receivable allowance, which relates only to promissory notes:

	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
Beginning notes receivable allowance	$	497		$	732		$	868		$	698
Bad debt expense		162			25			184			88
Write-offs		—			(5	)		(364	)		(5	)
Recoveries/other		(42	)		19			(71	)		(10	)
Total notes receivable allowance	$	617		$	771		$	617		$	771

Our mortgages and notes receivable consists primarily of seller financing issued in conjunction with two disposition transactions in the second quarter of 2010. As of June 30, 2011, the interest payments on both mortgages receivable were current and there were no indications of impairment on the receivables.

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Disclosure About Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2011

Disclosure About Fair Value of Financial Instruments [Abstract]

Fair value measurements of assets, liabilities and noncontrolling interests

The following tables set forth the assets, noncontrolling interests in the Operating Partnership and liability that we measure at fair value by level within the fair value hierarchy. We determine the level based on the lowest level of substantive input used to determine fair value.

	June 30, 2011		Level 1		Level 3
Assets:
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)	$	3,876	$	3,876	$	—
Tax increment financing bond (in prepaid expenses and other assets)		15,228		—		15,228
Total Assets	$	19,104	$	3,876	$	15,228
Noncontrolling Interests in the Operating Partnership	$	125,075	$	125,075	$	—
Liability:
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)	$	3,876	$	3,876	$	—

	December 31, 2010		Level 1		Level 3
Assets:
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)	$	3,479	$	3,479	$	—
Tax increment financing bond (in prepaid expenses and other assets)		15,699		—		15,699
Total Assets	$	19,178	$	3,479	$	15,699
Noncontrolling Interests in the Operating Partnership	$	120,838	$	120,838	$	—
Liability:
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)	$	4,091	$	4,091	$	—

Fair value measurements, unobservable inputs reconciliation

The following table sets forth our Level 3 asset:

	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
Asset:
Tax Increment Financing Bond
Beginning balance	$	15,564		$	17,090		$	15,699		$	16,871
Unrealized gain/(loss) (in AOCL)		(336	)		(73	)		(471	)		146
Ending balance	$	15,228		$	17,017		$	15,228		$	17,017

Fair value and carrying amounts of assets and liabilities, by balance sheet line item

The following table sets forth the carrying amounts and fair values of our financial instruments not disclosed elsewhere in this Quarterly Report on Form 10-Q:

	Carrying Amount		Fair Value
June 30, 2011
Mortgages and notes receivable	$	18,809	$	19,141
Mortgages and notes payable	$	1,615,068	$	1,725,186
Financing obligations	$	32,869	$	20,852
December 31, 2010
Mortgages and notes receivable	$	19,044	$	19,093
Mortgages and notes payable	$	1,522,945	$	1,581,518
Financing obligations	$	33,114	$	23,880

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Discontinued Operations (LP)

6 Months Ended

Jun. 30, 2011

Discontinued Operations [Abstract]

Discontinued Operations (LP)

11.      Discontinued Operations

The following table sets forth our operations which required classification as discontinued operations:

	Three Months Ended June 30,					Six Months Ended June 30,
	2011		2010			2011		2010
Rental and other revenues	$	500	$	1,227		$	1,113	$	2,557
Operating expenses:
Rental property and other expenses		178		455			359		1,048
Depreciation and amortization		32		275			127		549
Total operating expenses		210		730			486		1,597
Other income		1		1			1		1
Income from discontinued operations		291		498			628		961
Net losses on disposition of discontinued operations		—		(260	)		—		(86	)
Total discontinued operations	$	291	$	238		$	628	$	875

The following table sets forth the major classes of assets and liabilities of the properties classified as held for sale:

	June 30, 2011			December 31, 2010
Assets:
Land	$	2,788		$	2,788
Buildings and tenant improvements		12,663			12,707
Land held for development		967			2,766
Total real estate assets		16,418			18,261
Less accumulated depreciation		(5,113	)		(5,012	)
Net real estate assets		11,305			13,249
Deferred leasing costs, net		55			58
Accrued straight line rents receivable		249			257
Prepaid expenses and other assets		—			43
Real estate and other assets, net, held for sale	$	11,609		$	13,607
Tenant security deposits, deferred rents and accrued costs (1)	$	123		$	11

(1) Included in accounts payable, accrued expenses and other liabilities.

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Subsequent Events (Details) (New Revolving Credit Facility [Member], USD $) In Millions, unless otherwise specified	1 Months Ended
	Jul. 27, 2011
New Revolving Credit Facility [Member]
Subsequent Event [Line Items]
Maximum borrowing capacity	$ 475.0
Maximum borrowing capacity for previous revolving credit facility	400.0
Maturity date	Jul. 27, 2015
Additional borrowing capacity	$ 75.0
Interest rate	LIBOR plus 150 basis points
Annual facility fee (in hundredths)	0.35%

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Noncontrolling Interests (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Noncontrolling Interests in the Operating Partnership
Beginning noncontrolling interests in the Operating Partnership			$ 120,838	$ 129,769
Adjustments of noncontrolling interests in the Operating Partnership to fair value			6,957	(20,612)
Conversion of Common Units to Common Stock			(635)	(2,958)
Net income attributable to noncontrolling interests in the Operating Partnership	623	1,933	1,130	2,453
Distributions to noncontrolling interests in the Operating Partnership			(3,215)	(3,243)
Total noncontrolling interests in the Operating Partnership	125,075	105,409	125,075	105,409
Net Income Available for Common Stockholders and Transfers From Noncontrolling Interests in the Operating Partnership.
Net income available for common stockholders	10,112	36,224	20,248	45,895
Increase in additional paid in capital from conversion of Common Units to Common Stock	449	33	635	2,957
Change in equity from net income available for common stockholders and conversion of Common Units to Common Stock	$ 10,561	$ 36,257	$ 20,883	$ 48,852
Consolidated joint venture, partner's interest (in hundredths)	50.00%		50.00%

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Investment in and Advances to Unconsolidated Affiliates

6 Months Ended

Jun. 30, 2011

Investment in Unconsolidated Affiliates [Abstract]

Investments in and Advances To Affiliates

4.      Investment in and Advances to Unconsolidated Affiliates

We have equity interests ranging from 10.0% to 50.0% in various joint ventures with unrelated third parties and a debt interest in one of those joint ventures, as described below. The following table sets forth the combined, summarized income statements for our unconsolidated joint ventures:

	Three Months Ended June 30,				Six Months Ended June 30,
	2011		2010		2011		2010
Income Statements:
Revenues	$	24,779	$	31,714	$	49,996	$	67,302
Expenses:
Rental property and other expenses		10,774		15,632		22,771		32,799
Depreciation and amortization		6,295		7,778		12,911		17,378
Interest expense		5,858		7,233		11,865		15,798
Total expenses		22,927		30,643		47,547		65,975
Net income	$	1,852	$	1,071	$	2,449	$	1,327
Our share of:
Depreciation and amortization of real estate assets	$	2,033	$	2,737	$	4,126	$	6,078
Interest expense	$	2,033	$	2,755	$	4,194	$	6,178
Net income	$	749	$	308	$	1,670	$	520
Our share of net income	$	749	$	308	$	1,670	$	520
Purchase accounting and management, leasing and other fees adjustments		604		580		1,150		1,163
Equity in earnings of unconsolidated affiliates	$	1,353	$	888	$	2,820	$	1,683

In the second quarter of 2011, we provided a one-year $38.3 million interest-only secured loan to an unconsolidated joint venture, which was used to repay a secured loan before maturity to a third party lender. The loan bears interest at LIBOR plus 500 basis points, which may be reduced by up to 50 basis points upon the use of proceeds from the sale of certain assets by the joint venture to repay the loan.

During the second quarter of 2010, we sold our equity interests in a series of unconsolidated joint ventures relating to properties in Des Moines, IA. For information regarding this sale, see Note 3 to the Consolidated Financial Statements in our 2010 Annual Report on Form 10-K.

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Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2011

Discontinued Operations [Abstract]

Operations classified as discontinued operations

The following table sets forth our operations which required classification as discontinued operations:

	Three Months Ended June 30,					Six Months Ended June 30,
	2011		2010			2011		2010
Rental and other revenues	$	500	$	1,227		$	1,113	$	2,557
Operating expenses:
Rental property and other expenses		178		455			359		1,048
Depreciation and amortization		32		275			127		549
Total operating expenses		210		730			486		1,597
Other income		1		1			1		1
Income from discontinued operations		291		498			628		961
Net losses on disposition of discontinued operations		—		(260	)		—		(86	)
Total discontinued operations	$	291	$	238		$	628	$	875

Major classes of assets and liabilities of the properties classified as held for sale

The following table sets forth the major classes of assets and liabilities of the properties classified as held for sale:

	June 30, 2011			December 31, 2010
Assets:
Land	$	2,788		$	2,788
Buildings and tenant improvements		12,663			12,707
Land held for development		967			2,766
Total real estate assets		16,418			18,261
Less accumulated depreciation		(5,113	)		(5,012	)
Net real estate assets		11,305			13,249
Deferred leasing costs, net		55			58
Accrued straight line rents receivable		249			257
Prepaid expenses and other assets		—			43
Real estate and other assets, net, held for sale	$	11,609		$	13,607
Tenant security deposits, deferred rents and accrued costs (1)	$	123		$	11

(1) Included in accounts payable, accrued expenses and other liabilities.

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Disclosure About Fair Value of Financial Instruments (LP)

6 Months Ended

Jun. 30, 2011

Disclosure About Fair Value of Financial Instruments [Abstract]

Disclosure About Fair Value of Financial Instruments (LP)

8.      Disclosure About Fair Value of Financial Instruments

The following summarizes the three levels of inputs that we use to measure fair value, as well as the assets, noncontrolling interests in the Operating Partnership and liabilities that we recognize at fair value using those levels of inputs.

Level 1.  Quoted prices in active markets for identical assets or liabilities.

Our Level 1 assets are investments in marketable securities which we use to pay benefits under our non-qualified deferred compensation plan. Our Level 1 noncontrolling interests in the Operating Partnership relate to the ownership of Common Units by various individuals and entities other than the Company. Our Level 1 liability is our non-qualified deferred compensation obligation.

Level 2. Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the related assets or liabilities.

We had no Level 2 assets or liabilities at both June 30, 2011 and December 31, 2010.

Level 3. Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.

Our Level 3 asset is our tax increment financing bond, which is not routinely traded but whose fair value is determined using an estimate of projected redemption value based on quoted bid/ask prices for similar unrated municipal bonds.

The following tables set forth the assets, noncontrolling interests in the Operating Partnership and liability that we measure at fair value by level within the fair value hierarchy. We determine the level based on the lowest level of substantive input used to determine fair value.

	June 30, 2011		Level 1		Level 3
Assets:
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)	$	3,876	$	3,876	$	—
Tax increment financing bond (in prepaid expenses and other assets)		15,228		—		15,228
Total Assets	$	19,104	$	3,876	$	15,228
Noncontrolling Interests in the Operating Partnership	$	125,075	$	125,075	$	—
Liability:
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)	$	3,876	$	3,876	$	—

	December 31, 2010		Level 1		Level 3
Assets:
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)	$	3,479	$	3,479	$	—
Tax increment financing bond (in prepaid expenses and other assets)		15,699		—		15,699
Total Assets	$	19,178	$	3,479	$	15,699
Noncontrolling Interests in the Operating Partnership	$	120,838	$	120,838	$	—
Liability:
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)	$	4,091	$	4,091	$	—

The following table sets forth our Level 3 asset:

	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
Asset:
Tax Increment Financing Bond
Beginning balance	$	15,564		$	17,090		$	15,699		$	16,871
Unrealized gain/(loss) (in AOCL)		(336	)		(73	)		(471	)		146
Ending balance	$	15,228		$	17,017		$	15,228		$	17,017

We own a tax increment financing bond associated with a property developed by us. This bond amortizes to maturity in 2020. The estimated fair value at June 30, 2011 was $3.0 million below the outstanding principal due on the bond. If the yield-to-maturity used to fair value this bond was 100 basis points higher or lower, the fair value of the bond would have been $0.6 million lower or higher, respectively, as of June 30, 2011. Currently, we intend to hold this bond and have concluded that we will not be required to sell this bond before recovery of the bond principal. Payment of the principal and interest for the bond is guaranteed by us and, therefore, we have recorded no credit losses related to the bond in the three and six months ended June 30, 2011 and 2010. There is no legal right of offset with the liability, which we report as a financing obligation, related to this tax increment financing bond.

The following table sets forth the carrying amounts and fair values of our financial instruments not disclosed elsewhere in this Quarterly Report on Form 10-Q:

	Carrying Amount		Fair Value
June 30, 2011
Mortgages and notes receivable	$	18,809	$	19,141
Mortgages and notes payable	$	1,615,068	$	1,725,186
Financing obligations	$	32,869	$	20,852
December 31, 2010
Mortgages and notes receivable	$	19,044	$	19,093
Mortgages and notes payable	$	1,522,945	$	1,581,518
Financing obligations	$	33,114	$	23,880

The fair values of our mortgages and notes receivable, mortgages and notes payable and financing obligations were estimated using the income or market approaches to approximate the price that would be paid in an orderly transaction between market participants on the respective measurement dates. The carrying values of our cash and cash equivalents, restricted cash, accounts receivable, marketable securities of non-qualified deferred compensation plan, tax increment financing bond, non-qualified deferred compensation obligation and noncontrolling interests in the Operating Partnership are equal to or approximate fair value.

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Segment Information (LP)

6 Months Ended

Jun. 30, 2011

Segment Information [Abstract]

Segment Information

13.      Segment Information

The following table summarizes the rental and other revenues and net operating income, the primary industry property-level performance metric which is defined as rental and other revenues less rental property and other expenses, for each reportable segment:

	Three Months Ended June 30,				Six Months Ended June 30,
	2011		2010		2011		2010
Rental and Other Revenues: (1)
Office:
Atlanta, GA	$	12,341	$	12,065	$	24,245	$	24,198
Greenville, SC		3,437		3,451		6,943		7,127
Kansas City, MO		3,586		3,663		7,243		7,371
Memphis, TN		10,077		7,328		20,180		15,196
Nashville, TN		15,362		14,851		29,977		29,964
Orlando, FL		2,619		3,059		4,937		6,064
Piedmont Triad, NC		5,273		5,367		10,637		10,764
Raleigh, NC		20,103		18,523		39,423		37,328
Richmond, VA		11,668		11,483		23,047		23,276
Tampa, FL		17,458		18,037		34,250		35,979
Total Office Segment		101,924		97,827		200,882		197,267
Industrial:
Atlanta, GA		4,028		3,842		7,962		7,817
Piedmont Triad, NC		2,825		3,044		5,803		6,065
Total Industrial Segment		6,853		6,886		13,765		13,882
Retail:
Kansas City, MO		8,203		8,749		17,104		16,437
Total Retail Segment		8,203		8,749		17,104		16,437
Residential:
Kansas City, MO		77		303		285		682
Total Residential Segment		77		303		285		682
Total Rental and Other Revenues	$	117,057	$	113,765	$	232,036	$	228,268

	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
Net Operating Income: (1)
Office:
Atlanta, GA	$	7,980		$	7,816		$	15,458		$	15,484
Greenville, SC		2,069			2,165			4,141			4,455
Kansas City, MO		2,115			2,324			4,226			4,546
Memphis, TN		5,467			4,217			11,217			9,520
Nashville, TN		10,337			10,050			19,970			19,963
Orlando, FL		1,286			1,720			2,450			3,341
Piedmont Triad, NC		3,455			3,785			7,051			7,099
Raleigh, NC		14,281			13,026			27,457			25,712
Richmond, VA		8,239			8,393			16,083			16,378
Tampa, FL		10,811			10,976			21,179			21,842
Total Office Segment		66,040			64,472			129,232			128,340
Industrial:
Atlanta, GA		3,003			2,789			5,838			5,571
Piedmont Triad, NC		2,109			2,325			4,330			4,381
Total Industrial Segment		5,112			5,114			10,168			9,952
Retail:
Kansas City, MO		4,836			5,738			10,116			10,112
Total Retail Segment		4,836			5,738			10,116			10,112
Residential:
Kansas City, MO		(11	)		188			93			427
Total Residential Segment		(11	)		188			93			427
Total Net Operating Income		75,977			75,512			149,609			148,831
Reconciliation to income from continuing operations before disposition of property, condominiums and investment in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
Depreciation and amortization		(33,430	)		(33,260	)		(67,147	)		(65,898	)
General and administrative expense		(8,041	)		(6,870	)		(15,685	)		(15,697	)
Interest expense		(23,907	)		(22,934	)		(47,450	)		(46,047	)
Interest and other income		1,875			965			3,748			2,665
Income from continuing operations before disposition of property, condominiums and investment in unconsolidated affiliates and equity in earnings of unconsolidated affiliates	$	12,474		$	13,413		$	23,075		$	23,854

__________

(1) Net of discontinued operations.

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Comprehensive Income and Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Jun. 30, 2011

Comprehensive Income and Accumulated Other Comprehensive Loss [Abstract]

Components of comprehensive income

The following table sets forth the components of comprehensive income:

	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
Net income	$	14,434		$	40,049		$	26,877		$	52,131
Other comprehensive income/(loss):
Unrealized gain/(loss) on tax increment financing bond		(336	)		(73	)		(471	)		146
Amortization of settled cash-flow hedges		(29	)		48			(58	)		287
Sale of cash-flow hedge related to disposition of investment in unconsolidated affiliate		—			103			—			103
Total other comprehensive income/(loss)		(365	)		78			(529	)		536
Total comprehensive income	$	14,069		$	40,127		$	26,348		$	52,667

Components of accumulated comprehensive loss

The following table sets forth the components of AOCL:

	June 30, 2011		December 31, 2010
Tax increment financing bond	$	3,013	$	2,543
Settled cash-flow hedges		1,164		1,105
Total accumulated other comprehensive loss	$	4,177	$	3,648

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Comprehensive Income and Accumulated Other Comprehensive Loss (LP)

6 Months Ended

Jun. 30, 2011

Comprehensive Income and Accumulated Other Comprehensive Loss [Abstract]

Comprehensive Income and Accumulated Other Comprehensive Loss

10.           Comprehensive Income and Accumulated Other Comprehensive Loss

The following table sets forth the components of comprehensive income:

	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
Net income	$	14,438		$	40,032		$	26,889		$	52,120
Other comprehensive income/(loss):
Unrealized gain/(loss) on tax increment financing bond		(336	)		(73	)		(471	)		146
Amortization of settled cash-flow hedges		(29	)		48			(58	)		287
Sale of cash-flow hedge related to disposition of investment in unconsolidated affiliate		—			103			—			103
Total other comprehensive income/(loss)		(365	)		78			(529	)		536
Total comprehensive income	$	14,073		$	40,110		$	26,360		$	52,656

The following table sets forth the components of AOCL:

	June 30, 2011		December 31, 2010
Tax increment financing bond	$	3,013	$	2,543
Settled cash-flow hedges		1,164		1,105
Total accumulated other comprehensive loss	$	4,177	$	3,648

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Earnings Per Share

6 Months Ended

Jun. 30, 2011

Earnings Per Share [Abstract]

Earnings Per Share

12.      Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per Common Share:

	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
Earnings per Common Share - basic:
Numerator:
Income from continuing operations	$	14,143		$	39,811		$	26,249		$	51,256
Net (income) attributable to noncontrolling  interests in the Operating Partnership from continuing operations		(608	)		(1,921	)		(1,098	)		(2,409	)
Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations		(182	)		(215	)		(305	)		(429	)
Dividends on Preferred Stock		(1,622	)		(1,677	)		(3,299	)		(3,354	)
Excess of Preferred Stock redemption/repurchase cost over carrying value		(1,895	)		—			(1,895	)		—
Income from continuing operations available for common stockholders		9,836			35,998			19,652			45,064
Income from discontinued operations		291			238			628			875
Net (income) attributable to noncontrolling interests in the Operating Partnership from discontinued operations		(15	)		(12	)		(32	)		(44	)
Income from discontinued operations available for common stockholders		276			226			596			831
Net income available for common stockholders	$	10,112		$	36,224		$	20,248		$	45,895
Denominator:
Denominator for basic earnings per Common Share – weighted average shares		72,211			71,601			72,015			71,508
Earnings per Common Share – basic:
Income from continuing operations available for common stockholders	$	0.14		$	0.51		$	0.27		$	0.63
Income from discontinued operations available for common stockholders		—			—			0.01			0.01
Net income available for common stockholders	$	0.14		$	0.51		$	0.28		$	0.64
Earnings per Common Share - diluted:
Numerator:
Income from continuing operations	$	14,143		$	39,811		$	26,249		$	51,256
Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations		(182	)		(215	)		(305	)		(429	)
Dividends on Preferred Stock		(1,622	)		(1,677	)		(3,299	)		(3,354	)
Excess of Preferred Stock redemption/repurchase cost over carrying value		(1,895	)		—			(1,895	)		—
Income from continuing operations available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership		10,444			37,919			20,750			47,473
Income from discontinued operations available for common stockholders		291			238			628			875
Net income available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership	$	10,735		$	38,157		$	21,378		$	48,348
Denominator:
Denominator for basic earnings per Common Share –weighted average shares		72,211			71,601			72,015			71,508
Add:
Stock options using the treasury method		202			209			185			188
Noncontrolling interests partnership units		3,784			3,797			3,787			3,808
Denominator for diluted earnings per Common Share – adjusted weighted average shares and assumed conversions (1)		76,197			75,607			75,987			75,504
Earnings per Common Share – diluted:
Income from continuing operations available for common stockholders	$	0.14			0.50			0.27			0.63
Income from discontinued operations available for common stockholders		—			—			0.01			0.01
Net income available for common stockholders	$	0.14			0.50			0.28			0.64

__________

(1) There were 0.3 million and 0.6 million options outstanding during the three and six months ended June 30, 2011 and 2010, respectively, that were not included in the computation of diluted earnings per share because the impact of including such options would be anti-dilutive.

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Earnings Per Share (Details) (USD $) In Thousands, except Share data	3 Months Ended				6 Months Ended
	Jun. 30, 2011		Jun. 30, 2010		Jun. 30, 2011		Jun. 30, 2010
Numerator:
Income from continuing operations	$ 14,143		$ 39,811		$ 26,249		$ 51,256
Net (income) attributable to noncontrolling interests in the Operating Partnership from continuing operations	(608)		(1,921)		(1,098)		(2,409)
Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations	(182)		(215)		(305)		(429)
Dividends on Preferred Stock	(1,622)		(1,677)		(3,299)		(3,354)
Excess of Preferred Stock redemption/repurchase cost over carrying value	(1,895)		0		(1,895)		0
Income from continuing operations available for common stockholders	9,836		35,998		19,652		45,064
Income from discontinued operations	291		238		628		875
Net (income) attributable to noncontrolling interests in the Operating Partnership from discontinued operations	(15)		(12)		(32)		(44)
Income from discontinued operations available for common stockholders	276		226		596		831
Net income available for common stockholders	10,112		36,224		20,248		45,895
Denominator:
Denominator for basic earnings per Common Share - weighted average shares	72,211,000		71,601,000		72,015,000		71,508,000
Earnings per Common Share - basic:
Income from continuing operations available for common stockholders (in dollars per share)	$ 0.14		$ 0.51		$ 0.27		$ 0.63
Income from discontinued operations available for common stockholders (in dollars per share)	$ 0.00		$ 0.00		$ 0.01		$ 0.01
Net income available for common stockholders (in dollars per share)	$ 0.14		$ 0.51		$ 0.28		$ 0.64
Numerator:
Income from continuing operations	14,143		39,811		26,249		51,256
Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations	(182)		(215)		(305)		(429)
Dividends on Preferred Stock	(1,622)		(1,677)		(3,299)		(3,354)
Excess of Preferred Stock redemption/repurchase cost over carrying value	(1,895)		0		(1,895)		0
Income from continuing operations available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership	10,444		37,919		20,750		47,473
Income from discontinued operations available for common stockholders	291		238		628		875
Net income available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership	$ 10,735		$ 38,157		$ 21,378		$ 48,348
Denominator:
Denominator for basic earnings per Common Share -weighted average shares	72,211,000		71,601,000		72,015,000		71,508,000
Stock options using the treasury method	202,000		209,000		185,000		188,000
Noncontrolling interests partnership units	3,784,000		3,797,000		3,787,000		3,808,000
Denominator for diluted earnings per Common Share - adjusted weighted average shares and assumed conversions (1)	76,197,000	[1]	75,607,000	[1]	75,987,000	[1]	75,504,000	[1]
Earnings per Common Share - diluted:
Income from continuing operations available for common stockholders (in dollars per share)	$ 0.14		$ 0.50		$ 0.27		$ 0.63
Income from discontinued operations available for common stockholders (in dollars per share)	$ 0.00		$ 0.00		$ 0.01		$ 0.01
Net income available for common stockholders (in dollars per share)	$ 0.14		$ 0.50		$ 0.28		$ 0.64
Number of anti-dilutive options and warrants not included in earnings per share (in dollars per share)	300,000		300,000		600,000		600,000

[1] There were 0.3 million and 0.6 million options outstanding during the three and six months ended June 30, 2011 and 2010, respectively, that were not included in the computation of diluted earnings per share because the impact of including such options would be anti-dilutive.

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Intangible Assets and Liabilities

6 Months Ended

Jun. 30, 2011

Intangible Assets and Liabilities [Abstract]

Intangible Assets and Liabilities

5.      Intangible Assets and Liabilities

The following table sets forth total intangible assets and liabilities, net of accumulated amortization:

	June 30, 2011			December 31, 2010
Assets:
Deferred financing costs	$	17,295		$	16,412
Less accumulated amortization		(7,996	)		(7,054	)
		9,299			9,358
Deferred leasing costs (including lease incentives and acquisition-related intangible assets)		130,415			127,949
Less accumulated amortization		(54,546	)		(52,306	)
		75,869			75,643
Deferred financing and leasing costs, net	$	85,168		$	85,001
Liabilities (in accounts payable, accrued expenses and other liabilities):
Acquisition-related intangible liabilities	$	720		$	658
Less accumulated amortization		(226	)		(125	)
	$	494		$	533

The following table sets forth amortization of intangible assets and liabilities:

	Three Months Ended June 30,				Six Months Ended June 30,
	2011		2010		2011		2010
Amortization of deferred financing costs	$	821	$	835	$	1,642	$	1,670
Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization)	$	4,401	$	3,817	$	8,757	$	7,583
Amortization of lease incentives (in rental and other revenues)	$	303	$	276	$	641	$	537
Amortization of acquisition-related intangible assets and liabilities (in rental and other revenues)	$	166	$	36	$	327	$	76

The following table sets forth scheduled future amortization of intangible assets and liabilities:

	Amortization of Deferred Financing Costs		Amortization of Deferred Leasing Costs and Acquisition-Related Intangible Assets (in Depreciation and Amortization)		Amortization of Lease Incentives (in Rental and Other Revenues)		Amortization of Acquisition-Related Intangible Assets and Liabilities (in Rental and Other Revenues)
July 1, 2011 through December 31, 2011	$	1,724	$	8,653	$	613	$	320
2012		3,093		15,087		1,141		561
2013		1,486		12,106		983		390
2014		1,098		9,398		819		298
2015		1,098		6,966		603		188
Thereafter		800		14,690		2,088		471
	$	9,299	$	66,900	$	6,247	$	2,228

The weighted average remaining amortization periods for deferred financing costs, deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization), lease incentives (in rental and other revenues) and acquisition-related intangible assets and liabilities (in rental and other revenues) were 3.3 years, 6.1 years, 7.9 years and 6.3 years, respectively, as of June 30, 2011.

In connection with the acquisition of a medical office property in Raleigh, NC in the second quarter of 2011, we recorded $0.1 million of above market lease intangible assets and $0.9 million of in-place lease intangible assets with weighted average amortization periods of 3.0 years each at the date of the acquisition.

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Description of Business and Significant Accounting Policies (LP)

6 Months Ended

Jun. 30, 2011

Description of Business and Significant Accounting Policies [Abstract]

Description of Business and Significant Accounting Policies (LP)

1.      Description of Business and Significant Accounting Policies

Description of Business

The Company is a fully-integrated, self-administered and self-managed equity real estate investment trust (“REIT”) that operates in the Southeastern and Midwestern United States. The Company conducts virtually all of its activities through the Operating Partnership. At June 30, 2011, the Company and/or the Operating Partnership wholly owned: 296 in-service office, industrial and retail properties, comprising 27.3 million square feet; 96 rental residential units; 19 for-sale residential condominiums; 603 acres of undeveloped land suitable for future development, of which 523 acres are considered core holdings; and an additional office property that is considered completed but not yet stabilized.

The Company is the sole general partner of the Operating Partnership. At June 30, 2011, the Company owned all of the Preferred Units and 72.0 million, or 95.0%, of the Common Units. Limited partners (including one officer and two directors of the Company) own the remaining 3.8 million Common Units. Generally, the Operating Partnership is obligated to redeem each Common Unit at the request of the holder thereof for cash equal to the value of one share of Common Stock, $.01 par value, based on the average of the market price for the 10 trading days immediately preceding the notice date of such redemption provided that the Company, at its option, may elect to acquire any such Common Units presented for redemption for cash or one share of Common Stock. The Common Units owned by the Company are not redeemable. During the six months ended June 30, 2011, the Company redeemed 18,737 Common Units for a like number of shares of Common Stock.

Common Stock Offering

In the second quarter of 2011, we entered into equity sales agreements with various financial institutions to offer and sell, from time to time, shares of our Common Stock having an aggregate offering price of up to $150.0 million. During the second quarter of 2011, we issued 236,000 shares of Common Stock under these agreements at an average price of $35.62 per share raising net proceeds, after sales commissions and expenses, of $8.3 million.

Preferred Stock Retirements

In the second quarter of 2011, we redeemed the remaining 2.1 million outstanding 8.0% Series B Cumulative Redeemable Preferred Shares for an aggregate redemption price of $52.5 million, excluding accrued dividends. In connection with this redemption, the $1.9 million excess of the redemption cost over the net carrying amount of the redeemed shares was recorded as a reduction to net income available for common stockholders in the second quarter of 2011.

Basis of Presentation

Our Consolidated Financial Statements are prepared in conformity with accounting principles generally accepted in the United States (“GAAP”). Our Consolidated Balance Sheet at December 31, 2010 was revised from previously reported amounts to reflect those properties which required held for sale presentation. Our Consolidated Statements of Income for the three and six months ended June 30, 2010 were revised from previously reported amounts to reflect those properties sold or held for sale which required discontinued operations presentation.

Our Consolidated Financial Statements include the Operating Partnership, wholly owned subsidiaries and those entities in which we have the controlling financial interest. All significant intercompany transactions and accounts have been eliminated. At June 30, 2011 and December 31, 2010, we were not involved with any entities that were determined to be variable interest entities.

The unaudited interim consolidated financial statements and accompanying unaudited consolidated financial information, in the opinion of management, contain all adjustments (including normal recurring accruals) necessary for a fair presentation of our financial position, results of operations and cash flows. We have omitted certain notes and other information from the interim consolidated financial statements presented in this Quarterly Report on Form 10-Q as permitted by SEC rules and regulations. These Consolidated Financial Statements should be read in conjunction with our 2010 Annual Report on Form 10-K.

Use of Estimates

The preparation of consolidated financial statements in accordance with GAAP requires us to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates.

Recently Issued Accounting Standards

Beginning with our Quarterly Report on Form 10-Q for the three months ended March 31, 2012, we will be required to enhance our disclosure of assets and liabilities measured at fair value. This includes disclosing any significant transfers between Levels 1 and 2 of the fair value hierarchy, additional quantitative and qualitative information regarding fair value measurements categorized as Level 3 of the fair value hierarchy and the hierarchy classification for items whose fair value is not recorded on our Consolidated Balance Sheets but is disclosed in our Notes to Consolidated Financial Statements. Additionally, we will be required to present comprehensive income on the face of our Consolidated Statements of Income, which previously has been disclosed in our Notes to Consolidated Financial Statements.

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Noncontrolling Interests (Tables)

6 Months Ended

Jun. 30, 2011

Noncontrolling Interests [Abstract]

Noncontrolling Interests in the Operating Partnership

Noncontrolling interests in the Operating Partnership relate to the ownership of Common Units by various individuals and entities other than the Company. The following table sets forth noncontrolling interests in the Operating Partnership:

	Six Months Ended June 30,
	2011			2010
Beginning noncontrolling interests in the Operating Partnership	$	120,838		$	129,769
Adjustments of noncontrolling interests in the Operating Partnership to fair value		6,957			(20,612	)
Conversion of Common Units to Common Stock		(635	)		(2,958	)
Net income attributable to noncontrolling interests in the Operating Partnership		1,130			2,453
Distributions to noncontrolling interests in the Operating Partnership		(3,215	)		(3,243	)
Total noncontrolling interests in the Operating Partnership	$	125,075		$	105,409

Net Income Available for Common Stockholders and Transfers From Noncontrolling Interests in the Operating Partnership

The following table sets forth net income available for common stockholders and transfers from noncontrolling interests in the Operating Partnership:

	Three Months Ended June 30,				Six Months Ended June 30,
	2011		2010		2011		2010
Net income available for common stockholders	$	10,112	$	36,224	$	20,248	$	45,895
Increase in additional paid in capital from conversion of Common Units to Common Stock		449		33		635		2,957
Change in equity from net income available for common stockholders and conversion of Common Units to Common Stock	$	10,561	$	36,257	$	20,883	$	48,852

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Share-Based Payments (LP)

6 Months Ended

Jun. 30, 2011

Share-Based Payments [Abstract]

Disclosure Of Compensation Related Costs Share Based Payments Lp [Text Block]

9.      Share-Based Payments

During the six months ended June 30, 2011, the Company granted 146,581 stock options with an exercise price equal to the closing market price of a share of its Common Stock on the date of grant. The fair value of each option grant is estimated on the date of grant using the Black-Scholes option pricing model, which resulted in a weighted average grant date fair value per share of $6.47. During the six months ended June 30, 2011, the Company also granted 76,166 shares of time-based restricted stock and 57,386 shares of total return-based restricted stock with weighted average grant date fair values per share of $33.74 and $41.02, respectively. We recorded stock-based compensation expense of $1.4 million each during the three months ended June 30, 2011 and 2010, and $3.5 million each during the six months ended June 30, 2011 and 2010. At June 30, 2011, there was $7.9 million of total unrecognized stock-based compensation costs, which will be recognized over a weighted average remaining service period of 2.4 years.

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Consolidated Statements of Equity (Unaudited) (USD $) In Thousands, except Share data	Total	Common Stock [Member]	Series A Cumulative Redeemable Preferred Shares [Member]	Series B Cumulative Redeemable Preferred Shares [Member]	Additional Paid-in Capital [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Noncontrolling Interests in Consolidated Affiliates [Member]	Distributions in Excess of Net Income Available for Common Stockholders [Member]	Highwoods Realty Limited Partnership [Member]	Highwoods Realty Limited Partnership [Member] General Partner Common Units [Member]	Highwoods Realty Limited Partnership [Member] Limited Partner Common Units [Member]	Highwoods Realty Limited Partnership [Member] Accumulated Other Comprehensive Income (Loss) [Member]	Highwoods Realty Limited Partnership [Member] Noncontrolling Interests in Consolidated Affiliates [Member]
Balance at Dec. 31, 2009	$ 1,133,143	$ 713	$ 29,092	$ 52,500	$ 1,751,398	$ (3,811)	$ 5,183	$ (701,932)	$ 1,050,185	$ 10,485	$ 1,038,328	$ (3,811)	$ 5,183
Balance (in shares) at Dec. 31, 2009		71,285,303
Issuance of Common Units, net									1,062	11	1,051
Distributions on Preferred Units									(3,354)	(34)	(3,320)
Distributions on Common Units									(63,648)	(637)	(63,011)
Issuances of Common Stock - Shares		71,568
Issuances of Common Stock, net	1,062	1			1,061
Conversion of Common Units to Common Stock - Shares		93,971
Conversion of Common Units to Common Stock	2,958	1			2,957
Dividends on Common Stock	(60,753)							(60,753)
Dividends on Preferred Stock	(3,354)							(3,354)
Adjustment of noncontrolling interests in the Operating Partnership to fair value	20,612				20,612
Distributions to noncontrolling interests in consolidated affiliates	(324)						(324)		(324)				(324)
Issuances of restricted stock, net - Shares		164,143
Issuances of restricted stock, net	0
Share-based compensation expense	3,497	1			3,496				3,497	35	3,462
Adjustment of Redeemable Common Units to fair value and contributions/distributions from/to the General Partner									24,282	243	24,039
Net (income) attributable to noncontrolling interests in the Operating Partnership	(2,453)							(2,453)
Net (income) attributable to noncontrolling interests in consolidated affiliates	0						429	(429)	0	(4)	(425)		429
Comprehensive income:
Net income	52,131							52,131	52,120	521	51,599
Other comprehensive income/(loss)	536					536			536			536
Total comprehensive income	52,667								52,656
Balance at Jun. 30, 2010	1,147,055	716	29,092	52,500	1,779,524	(3,275)	5,288	(716,790)	1,064,356	10,620	1,051,723	(3,275)	5,288
Balance (in shares) at Jun. 30, 2010		71,614,985
Balance at Mar. 31, 2010
Distributions on Preferred Units									(1,677)
Share-based compensation expense	1,400
Net (income) attributable to noncontrolling interests in the Operating Partnership	(1,933)
Comprehensive income:
Net income	40,049								40,032
Other comprehensive income/(loss)	78
Total comprehensive income	40,127
Balance at Jun. 30, 2010	1,147,055		29,092	52,500					1,064,356
Balance at Dec. 31, 2010	1,088,222	717	29,092	52,500	1,766,886	(3,648)	4,460	(761,785)	1,005,466	10,044	994,610	(3,648)	4,460
Balance (in shares) at Dec. 31, 2010	71,690,487	71,690,487
Issuance of Common Units, net									16,984	170	16,814
Distributions on Preferred Units									(3,299)	(33)	(3,266)
Distributions on Common Units									(63,936)	(640)	(63,296)
Issuances of Common Stock - Shares		556,652
Issuances of Common Stock, net	16,984	6			16,978
Conversion of Common Units to Common Stock - Shares		18,737
Conversion of Common Units to Common Stock	635				635
Dividends on Common Stock	(61,069)							(61,069)
Dividends on Preferred Stock	(3,299)							(3,299)
Adjustment of noncontrolling interests in the Operating Partnership to fair value	(6,957)				(6,957)
Distributions to noncontrolling interests in consolidated affiliates	(319)						(319)		(319)				(319)
Issuances of restricted stock, net - Shares		133,552
Issuances of restricted stock, net	0
Redemptions/repurchases of Preferred Stock	(52,505)		(5)	(52,500)	1,895			(1,895)
Share-based compensation expense	3,453	1			3,452				3,453	35	3,418
Adjustment of Redeemable Common Units to fair value and contributions/distributions from/to the General Partner									(4,817)	(48)	(4,769)
Net (income) attributable to noncontrolling interests in the Operating Partnership	(1,130)							(1,130)
Net (income) attributable to noncontrolling interests in consolidated affiliates	0						305	(305)	0	(3)	(302)		305
Comprehensive income:
Net income	26,877							26,877	26,889	269	26,620
Other comprehensive income/(loss)	(529)					(529)			(529)			(529)
Total comprehensive income	26,348								26,360
Balance at Jun. 30, 2011	1,010,363	724	29,087	0	1,782,889	(4,177)	4,446	(802,606)	979,892	9,794	969,829	(4,177)	4,446
Balance (in shares) at Jun. 30, 2011	72,399,428	72,399,428
Balance at Mar. 31, 2011
Distributions on Preferred Units									(1,622)
Share-based compensation expense	1,400
Net (income) attributable to noncontrolling interests in the Operating Partnership	(623)
Comprehensive income:
Net income	14,434								14,438
Other comprehensive income/(loss)	(365)
Total comprehensive income	14,069
Balance at Jun. 30, 2011	$ 1,010,363								$ 979,892
Balance (in shares) at Jun. 30, 2011	72,399,428

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Real Estate Assets LP

6 Months Ended

Jun. 30, 2011

Real Estate Assets [Abstract]

Real Estate Assets

2.      Real Estate Assets

Acquisitions

During the second quarter of 2011, we acquired a 48,000 square foot medical office property in Raleigh, NC for approximately $9.0 million in cash and incurred $0.1 million of acquisition-related costs.

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Segment Information (Tables)

6 Months Ended

Jun. 30, 2011

Segment Information [Abstract]

Segment Information

The following table summarizes the rental and other revenues and net operating income, the primary industry property-level performance metric which is defined as rental and other revenues less rental property and other expenses, for each reportable segment:

	Three Months Ended June 30,				Six Months Ended June 30,
	2011		2010		2011		2010
Rental and Other Revenues: (1)
Office:
Atlanta, GA	$	12,341	$	12,065	$	24,245	$	24,198
Greenville, SC		3,437		3,451		6,943		7,127
Kansas City, MO		3,586		3,663		7,243		7,371
Memphis, TN		10,077		7,328		20,180		15,196
Nashville, TN		15,362		14,851		29,977		29,964
Orlando, FL		2,619		3,059		4,937		6,064
Piedmont Triad, NC		5,273		5,367		10,637		10,764
Raleigh, NC		20,103		18,523		39,423		37,328
Richmond, VA		11,668		11,483		23,047		23,276
Tampa, FL		17,458		18,037		34,250		35,979
Total Office Segment		101,924		97,827		200,882		197,267
Industrial:
Atlanta, GA		4,028		3,842		7,962		7,817
Piedmont Triad, NC		2,825		3,044		5,803		6,065
Total Industrial Segment		6,853		6,886		13,765		13,882
Retail:
Kansas City, MO		8,203		8,749		17,104		16,437
Total Retail Segment		8,203		8,749		17,104		16,437
Residential:
Kansas City, MO		77		303		285		682
Total Residential Segment		77		303		285		682
Total Rental and Other Revenues	$	117,057	$	113,765	$	232,036	$	228,268

	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
Net Operating Income: (1)
Office:
Atlanta, GA	$	7,973		$	7,828		$	15,467		$	15,461
Greenville, SC		2,067			2,168			4,143			4,449
Kansas City, MO		2,113			2,327			4,228			4,540
Memphis, TN		5,462			4,223			11,224			9,507
Nashville, TN		10,329			10,065			19,981			19,934
Orlando, FL		1,285			1,723			2,451			3,336
Piedmont Triad, NC		3,452			3,791			7,055			7,091
Raleigh, NC		14,270			13,046			27,473			25,675
Richmond, VA		8,232			8,405			16,092			16,355
Tampa, FL		10,802			10,991			21,192			21,811
Total Office Segment		65,985			64,567			129,306			128,159
Industrial:
Atlanta, GA		3,001			2,793			5,841			5,563
Piedmont Triad, NC		2,107			2,328			4,332			4,375
Total Industrial Segment		5,108			5,121			10,173			9,938
Retail:
Kansas City, MO		4,832			5,746			10,123			10,098
Total Retail Segment		4,832			5,746			10,123			10,098
Residential:
Kansas City, MO		(11	)		188			93			426
Total Residential Segment		(11	)		188			93			426
Total Net Operating Income		75,914			75,622			149,695			148,621
Reconciliation to income from continuing operations before disposition of property, condominiums and investment in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
Depreciation and amortization		(33,430	)		(33,260	)		(67,147	)		(65,898	)
General and administrative expense		(7,978	)		(6,980	)		(15,771	)		(15,487	)
Interest expense		(23,907	)		(22,934	)		(47,450	)		(46,047	)
Interest and other income		1,875			965			3,748			2,665
Income from continuing operations before disposition of property, condominiums and investment in unconsolidated affiliates and equity in earnings of unconsolidated affiliates	$	12,474		$	13,413		$	23,075		$	23,854

__________

(1) Net of discontinued operations.

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Investment in Unconsolidated Affiliates (LP)

6 Months Ended

Jun. 30, 2011

Investment in Unconsolidated Affiliates [Abstract]

Investment in Unconsolidated Affiliates

4.      Investment in and Advances to Unconsolidated Affiliates

We have equity interests ranging from 10.0% to 50.0% in various joint ventures with unrelated third parties and a debt interest in one of these joint ventures, as described below. The following table sets forth the combined, summarized income statements for our unconsolidated joint ventures:

	Three Months Ended June 30,				Six Months Ended June 30,
	2011		2010		2011		2010
Income Statements:
Revenues	$	23,756	$	30,697	$	47,958	$	65,266
Expenses:
Rental property and other expenses		10,155		15,128		21,526		31,655
Depreciation and amortization		6,053		7,410		12,299		16,641
Interest expense		5,683		7,037		11,508		15,404
Total expenses		21,891		29,575		45,333		63,700
Net income	$	1,865	$	1,122	$	2,625	$	1,566
Our share of:
Depreciation and amortization of real estate assets	$	1,995	$	2,699	$	4,050	$	6,001
Interest expense	$	2,012	$	2,730	$	4,149	$	6,128
Net income	$	759	$	307	$	1,694	$	535
Our share of net income	$	759	$	307	$	1,694	$	535
Purchase accounting and management, leasing and other fees adjustments		598		564		1,138		1,137
Equity in earnings of unconsolidated affiliates	$	1,357	$	871	$	2,832	$	1,672

In the second quarter of 2011, we provided a one-year $38.3 million interest-only secured loan to an unconsolidated joint venture, which was used to repay a secured loan before maturity to a third party lender. The loan bears interest at LIBOR plus 500 basis points, which may be reduced by up to 50 basis points upon the use of proceeds from the sale of certain assets by the joint venture to repay the loan.

During the second quarter of 2010, we sold our equity interests in a series of unconsolidated joint ventures relating to properties in Des Moines, IA. For information regarding this sale, see Note 3 to the Consolidated Financial Statements in our 2010 Annual Report on Form 10-K.

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Description of Business and Significant Accounting Policies

6 Months Ended

Jun. 30, 2011

Description of Business and Significant Accounting Policies [Abstract]

Description of Business and Significant Accounting Policies

1.      Description of Business and Significant Accounting Policies

Description of Business

The Company is a fully-integrated, self-administered and self-managed equity real estate investment trust (“REIT”) that operates in the Southeastern and Midwestern United States. The Company conducts virtually all of its activities through the Operating Partnership. At June 30, 2011, the Company and/or the Operating Partnership wholly owned: 296 in-service office, industrial and retail properties, comprising 27.3 million square feet; 96 rental residential units; 19 for-sale residential condominiums; 603 acres of undeveloped land suitable for future development, of which 523 acres are considered core holdings; and an additional office property that is considered completed but not yet stabilized.

The Company is the sole general partner of the Operating Partnership. At June 30, 2011, the Company owned all of the Preferred Units and 72.0 million, or 95.0%, of the Common Units. Limited partners (including one officer and two directors of the Company) own the remaining 3.8 million Common Units. Generally, the Operating Partnership is obligated to redeem each Common Unit at the request of the holder thereof for cash equal to the value of one share of Common Stock, $.01 par value, based on the average of the market price for the 10 trading days immediately preceding the notice date of such redemption provided that the Company, at its option, may elect to acquire any such Common Units presented for redemption for cash or one share of Common Stock. The Common Units owned by the Company are not redeemable. During the six months ended June 30, 2011, the Company redeemed 18,737 Common Units for a like number of shares of Common Stock.

Common Stock Offering

In the second quarter of 2011, we entered into equity sales agreements with various financial institutions to offer and sell, from time to time, shares of our Common Stock having an aggregate offering price of up to $150.0 million. During the second quarter of 2011, we issued 236,000 shares of Common Stock under these agreements at an average price of $35.62 per share raising net proceeds, after sales commissions and expenses, of $8.3 million.

Preferred Stock Retirements

In the second quarter of 2011, we redeemed the remaining 2.1 million outstanding 8.0% Series B Cumulative Redeemable Preferred Shares for an aggregate redemption price of $52.5 million, excluding accrued dividends. In connection with this redemption, the $1.9 million excess of the redemption cost over the net carrying amount of the redeemed shares was recorded as a reduction to net income available for common stockholders in the second quarter of 2011.

Basis of Presentation

Our Consolidated Financial Statements are prepared in conformity with accounting principles generally accepted in the United States (“GAAP”). Our Consolidated Balance Sheet at December 31, 2010 was revised from previously reported amounts to reflect those properties which required held for sale presentation. Our Consolidated Statements of Income for the three and six months ended June 30, 2010 were revised from previously reported amounts to reflect those properties sold or held for sale which required discontinued operations presentation.

Our Consolidated Financial Statements include the Operating Partnership, wholly owned subsidiaries and those entities in which we have the controlling financial interest. All significant intercompany transactions and accounts have been eliminated. At June 30, 2011 and December 31, 2010, we were not involved with any entities that were determined to be variable interest entities.

The unaudited interim consolidated financial statements and accompanying unaudited consolidated financial information, in the opinion of management, contain all adjustments (including normal recurring accruals) necessary for a fair presentation of our financial position, results of operations and cash flows. We have omitted certain notes and other information from the interim consolidated financial statements presented in this Quarterly Report on Form 10-Q as permitted by SEC rules and regulations. These Consolidated Financial Statements should be read in conjunction with our 2010 Annual Report on Form 10-K.

Use of Estimates

The preparation of consolidated financial statements in accordance with GAAP requires us to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates.

Recently Issued Accounting Standards

Beginning with our Quarterly Report on Form 10-Q for the three months ended March 31, 2012, we will be required to enhance our disclosure of assets and liabilities measured at fair value. This includes disclosing any significant transfers between Levels 1 and 2 of the fair value hierarchy, additional quantitative and qualitative information regarding fair value measurements categorized as Level 3 of the fair value hierarchy and the hierarchy classification for items whose fair value is not recorded on our Consolidated Balance Sheets but is disclosed in our Notes to Consolidated Financial Statements. Additionally, we will be required to present comprehensive income on the face of our Consolidated Statements of Income, which previously has been disclosed in our Notes to Consolidated Financial Statements.

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Comprehensive Income and Accumulated Other Comprehensive Loss

6 Months Ended

Jun. 30, 2011

Comprehensive Income and Accumulated Other Comprehensive Loss [Abstract]

Comprehensive Income and Accumulated Other Comprehensive Loss

10.           Comprehensive Income and Accumulated Other Comprehensive Loss

The following table sets forth the components of comprehensive income:

	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
Net income	$	14,434		$	40,049		$	26,877		$	52,131
Other comprehensive income/(loss):
Unrealized gain/(loss) on tax increment financing bond		(336	)		(73	)		(471	)		146
Amortization of settled cash-flow hedges		(29	)		48			(58	)		287
Sale of cash-flow hedge related to disposition of investment in unconsolidated affiliate		—			103			—			103
Total other comprehensive income/(loss)		(365	)		78			(529	)		536
Total comprehensive income	$	14,069		$	40,127		$	26,348		$	52,667

The following table sets forth the components of AOCL:

	June 30, 2011		December 31, 2010
Tax increment financing bond	$	3,013	$	2,543
Settled cash-flow hedges		1,164		1,105
Total accumulated other comprehensive loss	$	4,177	$	3,648

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Discontinued Operations (Details) (USD $) In Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2011		Jun. 30, 2010	Jun. 30, 2011		Jun. 30, 2010	Dec. 31, 2010
Discontinued Operations [Abstract]
Rental and other revenues	$ 500		$ 1,227	$ 1,113		$ 2,557
Operating expenses:
Rental property and other expenses	178		455	359		1,048
Depreciation and amortization	32		275	127		549
Total operating expenses	210		730	486		1,597
Other Income	1		1	1		1
Income from discontinued operations	291		498	628		961
Net losses on disposition of discontinued operations	0		(260)	0		(86)
Total discontinued operations	291		238	628		875
Assets:
Land	2,788			2,788			2,788
Buildings and tenant improvements	12,663			12,663			12,707
Land held for development	967			967			2,766
Total real estate assets	16,418			16,418			18,261
Less accumulated depreciation	(5,113)			(5,113)			(5,012)
Net real estate assets	11,305			11,305			13,249
Deferred leasing costs, net	55			55			58
Accrued straight line rents receivable	249			249			257
Prepaid expenses and other assets	0			0			43
Real estate and other assets, net, held for sale	11,609			11,609			13,607
Tenant security deposits, deferred rents and accrued costs	$ 123	[1]		$ 123	[1]		$ 11	[1]

[1] Included in accounts payable, accrued expenses and other liabilities.

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Subsequent Events (LP)

6 Months Ended

Jun. 30, 2011

Subsequent Events [Abstract]

Subsequent Events (LP)

14.      Subsequent Events

On July 27, 2011, we obtained a new $475.0 million unsecured revolving credit facility, which replaced our previously existing $400.0 million revolving credit facility. Our new revolving credit facility is originally scheduled to mature on July 27, 2015. Assuming no defaults have occurred, we have an option to extend the maturity for an additional year. The new credit facility includes an accordion feature that allows for an additional $75.0 million of borrowing capacity subject to additional lender commitments. The interest rate on the new facility at our current credit ratings is LIBOR plus 150 basis points and the annual facility fee is 35 basis points. The interest rate and facility fee under the new facility are based on the higher of the publicly announced ratings from Moody’s Investors Service or Standard & Poors. The financial and other covenants under the new facility are substantially the same as our previous credit facility.

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Subsequent Events

6 Months Ended

Jun. 30, 2011

Subsequent Events [Abstract]

Subsequent Events

14.      Subsequent Events

On July 27, 2011, we obtained a new $475.0 million unsecured revolving credit facility, which replaced our previously existing $400.0 million revolving credit facility. Our new revolving credit facility is originally scheduled to mature on July 27, 2015. Assuming no defaults have occurred, we have an option to extend the maturity for an additional year. The new credit facility includes an accordion feature that allows for an additional $75.0 million of borrowing capacity subject to additional lender commitments. The interest rate on the new facility at our current credit ratings is LIBOR plus 150 basis points and the annual facility fee is 35 basis points. The interest rate and facility fee under the new facility are based on the higher of the publicly announced ratings from Moody’s Investors Service or Standard & Poors. The financial and other covenants under the new facility are substantially the same as our previous credit facility.

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Consolidated Balance Sheets (Unaudited) (USD $) In Thousands	Jun. 30, 2011	Dec. 31, 2010	Dec. 31, 2009
Real estate assets, at cost:
Land	$ 345,791	$ 345,088
Buildings and tenant improvements	2,886,871	2,883,092
Development in process	13,317	4,524
Land held for development	106,871	107,101
Total real estate assets	3,352,850	3,339,805
Less-accumulated depreciation	(863,730)	(830,153)
Net real estate assets	2,489,120	2,509,652
For-sale residential condominiums	5,840	8,225
Real estate and other assets, net, held for sale	11,609	13,607
Cash and cash equivalents	9,239	14,206	23,699
Restricted cash	7,619	4,399
Accounts receivable, net of allowance of $3,470 and $3,595, respectively	22,952	20,716
Mortgages and notes receivable, net of allowance of $617 and $868, respectively	18,809	19,044
Accrued straight-line rents receivable, net of allowance of $1,360 and $2,209, respectively	99,466	93,178
Investment in and advances to unconsolidated affiliates	103,025	63,607
Deferred financing and leasing costs, net of accumulated amortization of $62,542 and $59,360, respectively	85,168	85,001
Prepaid expenses and other assets	36,633	40,200
Total Assets	2,889,480	2,871,835
Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Liabilities, Redeemable Operating Partnership Units and Equity:
Mortgages and notes payable	1,615,068	1,522,945
Accounts payable, accrued expenses and other liabilities	106,105	106,716
Financing obligations	32,869	33,114
Total Liabilities	1,754,042	1,662,775
Commitments and contingencies
Noncontrolling interests in the Operating Partnership	125,075	120,838	129,769
Equity:
Common Stock, $.01 par value, 200,000,000 authorized shares; 72,399,428 and 71,690,487 shares issued and outstanding, respectively	724	717
Additional paid-in capital	1,782,889	1,766,886
Distributions in excess of net income available for common stockholders	(802,606)	(761,785)
Accumulated other comprehensive loss	(4,177)	(3,648)
Total Stockholders' Equity	1,005,917	1,083,762
Noncontrolling interests in consolidated affiliates	4,446	4,460
Total Equity	1,010,363	1,088,222	1,133,143
Total Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Total Liabilities, Redeemable Operating Partnership Units and Equity	2,889,480	2,871,835
Highwoods Realty Limited Partnership [Member]
Real estate assets, at cost:
Land	345,791	345,088
Buildings and tenant improvements	2,886,871	2,883,092
Development in process	13,317	4,524
Land held for development	106,871	107,101
Total real estate assets	3,352,850	3,339,805
Less-accumulated depreciation	(863,730)	(830,153)
Net real estate assets	2,489,120	2,509,652
For-sale residential condominiums	5,840	8,225
Real estate and other assets, net, held for sale	11,609	13,607
Cash and cash equivalents	9,087	14,198	23,519
Restricted cash	7,619	4,399
Accounts receivable, net of allowance of $3,470 and $3,595, respectively	22,952	20,716
Mortgages and notes receivable, net of allowance of $617 and $868, respectively	18,809	19,044
Accrued straight-line rents receivable, net of allowance of $1,360 and $2,209, respectively	99,466	93,178
Investment in and advances to unconsolidated affiliates	101,893	62,451
Deferred financing and leasing costs, net of accumulated amortization of $62,542 and $59,360, respectively	85,168	85,001
Prepaid expenses and other assets	36,533	40,200
Total Assets	2,888,096	2,870,671
Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Liabilities, Redeemable Operating Partnership Units and Equity:
Mortgages and notes payable	1,615,068	1,522,945
Accounts payable, accrued expenses and other liabilities	106,105	106,716
Financing obligations	32,869	33,114
Total Liabilities	1,754,042	1,662,775
Commitments and contingencies
Redeemable Operating Partnership Units:
Common Units, 3,775,250 and 3,793,987 outstanding, respectively	125,075	120,838
Total Redeemable Operating Partnership Units	154,162	202,430
Equity:
General partner Common Units, 757,659 and 750,757 outstanding, respectively	9,794	10,044
Limited partner Common Units, 71,232,960 and 70,530,921 outstanding, respectively	969,829	994,610
Accumulated other comprehensive loss	(4,177)	(3,648)
Noncontrolling interests in consolidated affiliates	4,446	4,460
Total Equity	979,892	1,005,466	1,050,185
Total Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Total Liabilities, Redeemable Operating Partnership Units and Equity	2,888,096	2,870,671
Highwoods Realty Limited Partnership [Member] | Series A Preferred Units [Member]
Redeemable Operating Partnership Units:
Preferred Units	29,087	29,092
Highwoods Realty Limited Partnership [Member] | Series B Preferred Units [Member]
Redeemable Operating Partnership Units:
Preferred Units	0	52,500
8.625% Series A Cumulative Redeemable Preferred Stock [Member]
Equity:
Preferred Stock	29,087	29,092
8.000% Series B Cumulative Redeemable Preferred Stock [Member]
Equity:
Preferred Stock	$ 0	$ 52,500

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Investment in and Advances to Unconsolidated Affiliates (Tables)

6 Months Ended

Jun. 30, 2011

Investment in Unconsolidated Affiliates [Abstract]

Investments in and Advances To Affiliates

We have equity interests ranging from 10.0% to 50.0% in various joint ventures with unrelated third parties and a debt interest in one of those joint ventures, as described below. The following table sets forth the combined, summarized income statements for our unconsolidated joint ventures:

	Three Months Ended June 30,				Six Months Ended June 30,
	2011		2010		2011		2010
Income Statements:
Revenues	$	24,779	$	31,714	$	49,996	$	67,302
Expenses:
Rental property and other expenses		10,774		15,632		22,771		32,799
Depreciation and amortization		6,295		7,778		12,911		17,378
Interest expense		5,858		7,233		11,865		15,798
Total expenses		22,927		30,643		47,547		65,975
Net income	$	1,852	$	1,071	$	2,449	$	1,327
Our share of:
Depreciation and amortization of real estate assets	$	2,033	$	2,737	$	4,126	$	6,078
Interest expense	$	2,033	$	2,755	$	4,194	$	6,178
Net income	$	749	$	308	$	1,670	$	520
Our share of net income	$	749	$	308	$	1,670	$	520
Purchase accounting and management, leasing and other fees adjustments		604		580		1,150		1,163
Equity in earnings of unconsolidated affiliates	$	1,353	$	888	$	2,820	$	1,683

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Intangible Assets and Liabilities (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010	Dec. 31, 2010
Finite-Lived Intangible Assets [Line Items]
Deferred financing and leasing costs, net	$ 85,168,000		$ 85,168,000		$ 85,001,000
Amortization of intangible assets and liabilities
Amortization of deferred financing costs	821,000	835,000	1,642,000	1,670,000
Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization)	4,401,000	3,817,000	8,757,000	7,583,000
Amortization of lease incentives (in rental and other revenues)	303,000	276,000	641,000	537,000
Amortization of acquisition-related intangible assets and liabilities (in rental and other revenues)	166,000	36,000	327,000	76,000
Weighted average remaining amortization periods for intangible assets and liabilities [Abstract]
Deferred financing costs (in years)	3.3		3.3
Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization) (in years)	6.1		6.1
Lease incentives (in rental and other revenues) (in years)	7.9		7.9
Amortization of acquisition-related intangible assets and liabilities (in rental and other revenues) (in years)	6.3		6.3
Intangible assets and liabilities from new acquisitions [Abstract]
Acquired above market lease intangible assets	100,000
Acquired in-place lease intangible assets	900,000
Weighted average amortization periods, above market (in years)	3.0		3.0
Weighted average amortization periods, in-place (in years)	3.0		3.0
Deferred Financing Costs [Member]
Finite-Lived Intangible Assets [Line Items]
Deferred financing costs, deferred leasing costs and acquisition-related intangible liabilities, gross	17,295,000		17,295,000		16,412,000
Deferred financing costs, deferred leasing costs and acquisition-related intangible liabilities, accumulated amortization	(7,996,000)		(7,996,000)		(7,054,000)
Deferred financing costs, deferred leasing costs and acquisition-related intangible liabilities, net	9,299,000		9,299,000		9,358,000
Deferred Leasing Costs [Member]
Finite-Lived Intangible Assets [Line Items]
Deferred financing costs, deferred leasing costs and acquisition-related intangible liabilities, gross	130,415,000		130,415,000		127,949,000
Deferred financing costs, deferred leasing costs and acquisition-related intangible liabilities, accumulated amortization	(54,546,000)		(54,546,000)		(52,306,000)
Deferred financing costs, deferred leasing costs and acquisition-related intangible liabilities, net	75,869,000		75,869,000		75,643,000
Acquisition-Related Intangible Liabilities [Member]
Finite-Lived Intangible Assets [Line Items]
Deferred financing costs, deferred leasing costs and acquisition-related intangible liabilities, gross	720,000		720,000		658,000
Deferred financing costs, deferred leasing costs and acquisition-related intangible liabilities, accumulated amortization	(226,000)		(226,000)		(125,000)
Deferred financing costs, deferred leasing costs and acquisition-related intangible liabilities, net	494,000		494,000		533,000
Acquisition Related Intangible Assets and Liabilities Amortization Recorded in Rental and Other Revenues [Member]
Scheduled future amortization of intangible assets and liabilities
July 1, 2011 through December 31, 2011			320,000
2012			561,000
2013			390,000
2014			298,000
2015			188,000
Thereafter			471,000
Total future amortization of intangible assets and liabilities			2,228,000
Deferred Financing Costs Amortization Recorded in Interest Expense[Member]
Scheduled future amortization of intangible assets and liabilities
July 1, 2011 through December 31, 2011			1,724,000
2012			3,093,000
2013			1,486,000
2014			1,098,000
2015			1,098,000
Thereafter			800,000
Total future amortization of intangible assets and liabilities			9,299,000
Deferred Leasing Costs and Acquisition-Related Intangible Assets Amortization Recorded in Depreciation and Amortization [Member]
Scheduled future amortization of intangible assets and liabilities
July 1, 2011 through December 31, 2011			8,653,000
2012			15,087,000
2013			12,106,000
2014			9,398,000
2015			6,966,000
Thereafter			14,690,000
Total future amortization of intangible assets and liabilities			66,900,000
Lease Incentives Amortization Recorded in Rental and Other Revenues [Member]
Scheduled future amortization of intangible assets and liabilities
July 1, 2011 through December 31, 2011			613,000
2012			1,141,000
2013			983,000
2014			819,000
2015			603,000
Thereafter			2,088,000
Total future amortization of intangible assets and liabilities			$ 6,247,000

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Segment Information (Details) (USD $) In Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	$ 117,057	$ 113,765	$ 232,036	$ 228,268
Total Net Operating Income	75,914	75,622	149,695	148,621
Depreciation and amortization	(33,430)	(33,260)	(67,147)	(65,898)
General and administrative expense	(7,978)	(6,980)	(15,771)	(15,487)
Interest expense	(23,907)	(22,934)	(47,450)	(46,047)
Interest and other income	1,875	965	3,748	2,665
Income from continuing operations before disposition of property, condominiums and investment in unconsolidated affiliates and equity in earnings of unconsolidated affiliates	12,474	13,413	23,075	23,854
Office Atlanta, GA [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	12,341	12,065	24,245	24,198
Total Net Operating Income	7,973	7,828	15,467	15,461
Office Greenville, SC [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	3,437	3,451	6,943	7,127
Total Net Operating Income	2,067	2,168	4,143	4,449
Office Kansas City, MO [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	3,586	3,663	7,243	7,371
Total Net Operating Income	2,113	2,327	4,228	4,540
Office Memphis, TN [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	10,077	7,328	20,180	15,196
Total Net Operating Income	5,462	4,223	11,224	9,507
Office Nashville, TN [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	15,362	14,851	29,977	29,964
Total Net Operating Income	10,329	10,065	19,981	19,934
Office Orlando, FL [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	2,619	3,059	4,937	6,064
Total Net Operating Income	1,285	1,723	2,451	3,336
Office Piedmont Triad, NC [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	5,273	5,367	10,637	10,764
Total Net Operating Income	3,452	3,791	7,055	7,091
Office Raleigh, NC [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	20,103	18,523	39,423	37,328
Total Net Operating Income	14,270	13,046	27,473	25,675
Office Richmond, VA [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	11,668	11,483	23,047	23,276
Total Net Operating Income	8,232	8,405	16,092	16,355
Office Tampa, FL [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	17,458	18,037	34,250	35,979
Total Net Operating Income	10,802	10,991	21,192	21,811
Office Total Segment [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	101,924	97,827	200,882	197,267
Total Net Operating Income	65,985	64,567	129,306	128,159
Industrial Atlanta, GA [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	4,028	3,842	7,962	7,817
Total Net Operating Income	3,001	2,793	5,841	5,563
Industrial Piedmont Triad, NC [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	2,825	3,044	5,803	6,065
Total Net Operating Income	2,107	2,328	4,332	4,375
Industrial Total Segment [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	6,853	6,886	13,765	13,882
Total Net Operating Income	5,108	5,121	10,173	9,938
Retail Kansas City, MO [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	8,203	8,749	17,104	16,437
Total Net Operating Income	4,832	5,746	10,123	10,098
Total Retail Segment [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	8,203	8,749	17,104	16,437
Total Net Operating Income	4,832	5,746	10,123	10,098
Residential Kansas City, MO [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	77	303	285	682
Total Net Operating Income	(11)	188	93	426
Total Residential Segment [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	77	303	285	682
Total Net Operating Income	$ (11)	$ 188	$ 93	$ 426

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Description of Business and Significant Accounting Policies (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010	Dec. 31, 2010
Description of Business and Significant Accounting Policies [Abstract]
In-service office, industrial and retail properties (in units)	296		296
Square footage of commercial property (in sq feet)	27,300,000		27,300,000
Rental residential units (in units)	96		96
Residential condominiums for sale (in units)	19		19
Undeveloped land suitable for future development (in acres)	603		603
Undeveloped land considered core holdings (in acres)	523		523
Percentage of ownership of Common Units	95.00%		95.00%
Common Units of partnership owned by The Company	72,000,000		72,000,000
Common Units of partnership not owned by the Company	3,800,000		3,800,000
Common Stock par value	$ 0.01		$ 0.01		$ 0.01
Number of officers of the Company who are also limited partners	1		1
Number of directors of the Company who are also limited partners	2		2
Common units redeemed for a like number of common shares of stock (in shares)			18,737
Number of trading days preceeding Redemption Notice Date	10		10
Maximum Aggregate Offering Price of Common Stock Issuances			$ 150,000,000
Number of Common Stock Sold During Period (in shares)	236,000
Average Price of Common Stock Sold During Period	$ 35.62
Net Proceeds of Common Stock Sold During Period	8,300,000
Number of Preferred Stock Redeemed During Period (in shares)	2,100,000
Redemption Price of Preferred Stock Redeemed During Period	52,500,000
Excess of Preferred Stock redemption/repurchase cost over carrying value	$ 1,895,000	$ 0	$ 1,895,000	$ 0
Number of common units required to convert to one share of common stock (in shares)	1		1

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Real Estate Assets (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Jun. 30, 2011
Acquisitions [Abstract]
Acquisition rentable square feet	48,000
Acquisition purchase price	$ 9.0
Acquisition-related costs	$ 0.1

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Comprehensive Income and Accumulated Other Comprehensive Loss (Details) (USD $) In Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010	Dec. 31, 2010
Comprehensive Income and Accumulated Other Comprehensive Loss [Abstract]
Net income	$ 14,434	$ 40,049	$ 26,877	$ 52,131
Other comprehensive income/(loss):
Unrealized gain/(loss) on tax increment financing bond	(336)	(73)	(471)	146
Amortization of settled cash-flow hedges	(29)	48	(58)	287
Sale of cash-flow hedge related to disposition of investment in unconsolidated affiliate	0	103	0	103
Total other comprehensive income/(loss)	(365)	78	(529)	536
Total comprehensive income	14,069	40,127	26,348	52,667
Components of AOCL
Tax increment financing bond	3,013		3,013		2,543
Settled cash-flow hedges	1,164		1,164		1,105
Total accumulated other comprehensive loss	$ 4,177		$ 4,177		$ 3,648

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Intangible Assets and Liabilities (Tables)

6 Months Ended

Jun. 30, 2011

Intangible Assets and Liabilities [Abstract]

Total intangible assets and liabilities

The following table sets forth total intangible assets and liabilities, net of accumulated amortization:

	June 30, 2011			December 31, 2010
Assets:
Deferred financing costs	$	17,295		$	16,412
Less accumulated amortization		(7,996	)		(7,054	)
		9,299			9,358
Deferred leasing costs (including lease incentives and acquisition-related intangible assets)		130,415			127,949
Less accumulated amortization		(54,546	)		(52,306	)
		75,869			75,643
Deferred financing and leasing costs, net	$	85,168		$	85,001
Liabilities (in accounts payable, accrued expenses and other liabilities):
Acquisition-related intangible liabilities	$	720		$	658
Less accumulated amortization		(226	)		(125	)
	$	494		$	533

Amortization of intangible assets and liabilities

The following table sets forth amortization of intangible assets and liabilities:

	Three Months Ended June 30,				Six Months Ended June 30,
	2011		2010		2011		2010
Amortization of deferred financing costs	$	821	$	835	$	1,642	$	1,670
Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization)	$	4,401	$	3,817	$	8,757	$	7,583
Amortization of lease incentives (in rental and other revenues)	$	303	$	276	$	641	$	537
Amortization of acquisition-related intangible assets and liabilities (in rental and other revenues)	$	166	$	36	$	327	$	76

Scheduled future amortization of intangible assets and liabilities

The following table sets forth scheduled future amortization of intangible assets and liabilities:

	Amortization of Deferred Financing Costs		Amortization of Deferred Leasing Costs and Acquisition-Related Intangible Assets (in Depreciation and Amortization)		Amortization of Lease Incentives (in Rental and Other Revenues)		Amortization of Acquisition-Related Intangible Assets and Liabilities (in Rental and Other Revenues)
July 1, 2011 through December 31, 2011	$	1,724	$	8,653	$	613	$	320
2012		3,093		15,087		1,141		561
2013		1,486		12,106		983		390
2014		1,098		9,398		819		298
2015		1,098		6,966		603		188
Thereafter		800		14,690		2,088		471
	$	9,299	$	66,900	$	6,247	$	2,228