XML 73 R2.htm IDEA: XBRL DOCUMENT v2.3.0.15
Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
Real estate assets, at cost:  
Land$ 368,948$ 345,088
Buildings and tenant improvements3,115,1492,883,092
Development in process7,5764,524
Land held for development106,975107,101
Total real estate assets3,598,6483,339,805
Less-accumulated depreciation(878,702)(830,153)
Net real estate assets2,719,9462,509,652
For-sale residential condominiums4,9958,225
Real estate and other assets, net, held for sale013,607
Cash and cash equivalents11,08814,206
Restricted cash23,2304,399
Accounts receivable, net of allowance of $3,581 and $3,595, respectively23,44320,716
Mortgages and notes receivable, net of allowance of $545 and $868, respectively18,70619,044
Accrued straight-line rents receivable, net of allowance of $1,366 and $2,209, respectively102,33893,178
Investment in and advances to unconsolidated affiliates99,91063,607
Deferred financing and leasing costs, net of accumulated amortization of $60,950 and $59,360, respectively129,31185,001
Prepaid expenses and other assets38,94040,200
Total Assets3,171,9072,871,835
Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Liabilities, Redeemable Operating Partnership Units and Equity:  
Mortgages and notes payable1,893,9811,522,945
Accounts payable, accrued expenses and other liabilities127,664106,716
Financing obligations32,77533,114
Total Liabilities2,054,4201,662,775
Commitments and contingencies  
Noncontrolling interests in the Operating Partnership105,995120,838
Equity:  
Common Stock, $.01 par value, 200,000,000 authorized shares; 72,579,381 and 71,690,487 shares issued and outstanding, respectively726717
Additional paid-in capital1,807,1071,766,886
Distributions in excess of net income available for common stockholders(826,435)(761,785)
Accumulated other comprehensive loss(3,606)(3,648)
Total Stockholders' Equity1,006,8691,083,762
Noncontrolling interests in consolidated affiliates4,6234,460
Total Equity1,011,4921,088,222
Total Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Total Liabilities, Redeemable Operating Partnership Units and Equity3,171,9072,871,835
Highwoods Realty Limited Partnership [Member]
  
Real estate assets, at cost:  
Land368,948345,088
Buildings and tenant improvements3,115,1492,883,092
Development in process7,5764,524
Land held for development106,975107,101
Total real estate assets3,598,6483,339,805
Less-accumulated depreciation(878,702)(830,153)
Net real estate assets2,719,9462,509,652
For-sale residential condominiums4,9958,225
Real estate and other assets, net, held for sale013,607
Cash and cash equivalents11,02314,198
Restricted cash23,2304,399
Accounts receivable, net of allowance of $3,581 and $3,595, respectively23,44320,716
Mortgages and notes receivable, net of allowance of $545 and $868, respectively18,70619,044
Accrued straight-line rents receivable, net of allowance of $1,366 and $2,209, respectively102,33893,178
Investment in and advances to unconsolidated affiliates98,78462,451
Deferred financing and leasing costs, net of accumulated amortization of $60,950 and $59,360, respectively129,31185,001
Prepaid expenses and other assets38,89640,200
Total Assets3,170,6722,870,671
Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Liabilities, Redeemable Operating Partnership Units and Equity:  
Mortgages and notes payable1,893,9811,522,945
Accounts payable, accrued expenses and other liabilities127,664106,716
Financing obligations32,77533,114
Total Liabilities2,054,4201,662,775
Commitments and contingencies  
Redeemable Operating Partnership Units:  
Common Units, 3,750,679 and 3,793,987 outstanding, respectively105,995120,838
Total Redeemable Operating Partnership Units135,072202,430
Equity:  
General partner Common Units, 759,213 and 750,757 outstanding, respectively9,80010,044
Limited partner Common Units, 71,411,359 and 70,530,921 outstanding, respectively970,363994,610
Accumulated other comprehensive loss(3,606)(3,648)
Noncontrolling interests in consolidated affiliates4,6234,460
Total Equity981,1801,005,466
Total Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Total Liabilities, Redeemable Operating Partnership Units and Equity3,170,6722,870,671
8.625% Series A Cumulative Redeemable Preferred Stock [Member]
  
Equity:  
Preferred Stock29,07729,092
8.000% Series B Cumulative Redeemable Preferred Stock [Member]
  
Equity:  
Preferred Stock052,500
Series A Preferred Units [Member]
  
Redeemable Operating Partnership Units:  
Preferred Units29,07729,092
Series B Preferred Units [Member]
  
Redeemable Operating Partnership Units:  
Preferred Units$ 0$ 52,500