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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Rental and other revenues $ 129,943 $ 114,351
Operating expenses:    
Rental property and other expenses 46,124 40,934
Depreciation and amortization 38,362 33,556
General and administrative 9,673 7,793
Total operating expenses 94,159 82,283
Interest expense:    
Contractual 23,948 22,431
Amortization of deferred financing costs 902 821
Financing obligations (48) 291
Total interest expense 24,802 23,543
Other income:    
Interest and other income 2,230 1,873
Total other income 2,230 1,873
Income from continuing operations before disposition of condominiums and equity in earnings/(losses) of unconsolidated affiliates 13,212 10,398
Gains on for-sale residential condominiums 65 38
Equity in earnings/(losses) of unconsolidated affiliates (162) 1,467
Income from continuing operations 13,115 11,903
Discontinued operations:    
Income from discontinued operations 83 540
Net gains on disposition of discontinued operations 5,134 0
Total discontinued operations 5,217 540
Net income 18,332 12,443
Net (income) attributable to noncontrolling interests in the Operating Partnership (827) (507)
Net (income) attributable to noncontrolling interests in consolidated affiliates (184) (123)
Dividends on Preferred Stock (627) (1,677)
Net income available for common stockholders 16,694 10,136
Earnings per Common Share - basic:    
Income from continuing operations available for common stockholders (in dollars per share) $ 0.16 $ 0.13
Income from discontinued operations available for common stockholders (in dollars per share) $ 0.07 $ 0.01
Net income available for common stockholders (in dollars per share) $ 0.23 $ 0.14
Weighted average Common Shares outstanding - basic (in shares) 72,836 [1],[2] 71,817 [1],[2]
Earnings per Common Share - diluted:    
Income from continuing operations available for common stockholders (in dollars per share) $ 0.16 $ 0.13
Income from discontinued operations available for common stockholders (in dollars per share) $ 0.07 $ 0.01
Net income available for common stockholders (in dollars per share) $ 0.23 $ 0.14
Weighted average Common Shares outstanding - diluted (in shares) 76,696 [1] 75,792 [1]
Dividends declared per Common Share (in dollars per share) $ 0.425 $ 0.425
Net income available for common stockholders:    
Income from continuing operations available for common stockholders 11,733 9,623
Income from discontinued operations available for common stockholders 4,961 513
Net income available for common stockholders 16,694 10,136
Highwoods Realty Limited Partnership [Member]
   
Rental and other revenues 129,943 114,351
Operating expenses:    
Rental property and other expenses 46,062 41,083
Depreciation and amortization 38,362 33,556
General and administrative 9,735 7,644
Total operating expenses 94,159 82,283
Interest expense:    
Contractual 23,948 22,431
Amortization of deferred financing costs 902 821
Financing obligations (48) 291
Total interest expense 24,802 23,543
Other income:    
Interest and other income 2,230 1,873
Total other income 2,230 1,873
Income from continuing operations before disposition of condominiums and equity in earnings/(losses) of unconsolidated affiliates 13,212 10,398
Gains on for-sale residential condominiums 65 38
Equity in earnings/(losses) of unconsolidated affiliates (160) 1,475
Income from continuing operations 13,117 11,911
Discontinued operations:    
Income from discontinued operations 83 540
Net gains on disposition of discontinued operations 5,134 0
Total discontinued operations 5,217 540
Net income 18,334 12,451
Net (income) attributable to noncontrolling interests in consolidated affiliates (184) (123)
Distributions on Preferred Units (627) (1,677)
Net income available for common unitholders 17,523 10,651
Earnings per Common Unit - basic:    
Income from continuing operations available for common unitholders (in dollars per share) $ 0.16 $ 0.13
Income from discontinued operations available for common unitholders (in dollars per share) $ 0.07 $ 0.01
Net income available for common unitholders (in dollars per share) $ 0.23 $ 0.14
Weighted average Common Units outstanding - basic (in shares) 76,155 75,198
Earnings per Common Unit - diluted:    
Income from continuing operations available for common unitholders (in dollars per share) $ 0.16 $ 0.13
Income from discontinued operations available for common unitholders (in dollars per share) $ 0.07 $ 0.01
Net income available for common unitholders (in dollars per share) $ 0.23 $ 0.14
Weighted average Common Units outstanding - diluted (in shares) 76,287 75,383
Distributions declared per Common Unit (in dollars per unit) $ 425 $ 425
Net income available for common unitholders:    
Income from continuing operations available for common unitholders 12,306 10,111
Income from discontinued operations available for common unitholders 5,217 540
Net income available for common unitholders $ 17,523 $ 10,651
[1] There were 0.6 million and 0.3 million options outstanding during the three months ended March 31, 2012 and 2011, respectively, that were not included in the computation of diluted earnings per share because the impact of including such options would be anti-dilutive.
[2] Includes all unvested restricted stock since dividends on such restricted stock are non-forfeitable.