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Noncontrolling Interests
6 Months Ended
Jun. 30, 2012
Noncontrolling Interests [Line Items]  
Noncontrolling Interests
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. Net income attributable to noncontrolling interests in the Operating Partnership is computed by applying the weighted average percentage of Common Units not owned by the Company during the period, as a percent of the total number of outstanding Common Units, to the Operating Partnership’s net income for the period after deducting distributions on Preferred Units.

The following table sets forth noncontrolling interests in the Operating Partnership:

 
Six Months Ended June 30,
 
2012
 
2011
Beginning noncontrolling interests in the Operating Partnership
$
110,655

 
$
120,838

Adjustments of noncontrolling interests in the Operating Partnership to fair value
16,501

 
6,957

Conversion of Common Units to Common Stock
(631
)
 
(635
)
Net income attributable to noncontrolling interests in the Operating Partnership
1,513

 
1,130

Distributions to noncontrolling interests in the Operating Partnership
(3,158
)
 
(3,215
)
Total noncontrolling interests in the Operating Partnership
$
124,880

 
$
125,075


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,
 
2012
 
2011
 
2012
 
2011
Net income available for common stockholders
$
12,962

 
$
10,112

 
$
29,656

 
$
20,248

Increase in additional paid in capital from conversion of Common Units to Common Stock
568

 
449

 
631

 
635

Change from net income available for common stockholders and transfers from noncontrolling interests
$
13,530

 
$
10,561

 
$
30,287

 
$
20,883


Noncontrolling Interests in Consolidated Affiliates

At June 30, 2012, 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.

Highwoods Realty Limited Partnership [Member]
 
Noncontrolling Interests [Line Items]  
Noncontrolling Interests
Noncontrolling Interests
 
Noncontrolling Interests in Consolidated Affiliates
 
At June 30, 2012, 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.