Segment Information

6 Months Ended

Jun. 30, 2013

Segment Reporting [Abstract]

Segment Information

Segment Information

The following tables summarize 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 of our reportable segments:

	Three Months Ended June 30,				Six Months Ended June 30,
	2013		2012		2013		2012
Rental and Other Revenues: (1)
Office:
Atlanta, GA	$	18,303	$	15,331	$	35,837	$	30,238
Greenville, SC	3,130		3,488		6,359		6,991
Kansas City, MO	4,035		3,559		8,005		7,161
Memphis, TN	9,657		9,248		19,040		18,503
Nashville, TN	14,194		14,317		28,269		28,178
Orlando, FL	2,231		2,219		4,453		4,377
Piedmont Triad, NC	7,086		5,071		13,977		10,149
Pittsburgh, PA	13,957		9,110		27,649		18,194
Raleigh, NC	21,726		20,395		42,394		40,169
Richmond, VA	11,861		12,092		23,637		23,599
Tampa, FL	18,025		17,573		36,053		34,706
Total Office Segment	124,205		112,403		245,673		222,265
Industrial:
Atlanta, GA	2,226		2,167		4,286		4,254
Piedmont Triad, NC	3,118		3,086		6,241		6,250
Total Industrial Segment	5,344		5,253		10,527		10,504
Retail:
Kansas City, MO	8,966		9,072		18,431		17,993
Total Retail Segment	8,966		9,072		18,431		17,993
Total Rental and Other Revenues	$	138,515	$	126,728	$	274,631	$	250,762

14. Segment Information - Continued

	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
Net Operating Income: (1)
Office:
Atlanta, GA	$	11,446		$	9,785		$	22,616		$	19,511
Greenville, SC	1,680			2,050			3,569			4,181
Kansas City, MO	2,637			2,184			5,200			4,516
Memphis, TN	5,300			5,297			10,931			10,851
Nashville, TN	10,034			9,831			19,722			19,482
Orlando, FL	1,070			1,056			2,149			2,120
Piedmont Triad, NC	4,568			3,218			8,923			6,449
Pittsburgh, PA	7,904			4,624			15,327			8,904
Raleigh, NC	15,682			14,381			30,312			28,339
Richmond, VA	8,245			8,532			16,361			16,412
Tampa, FL	10,799			10,805			22,301			21,640
Total Office Segment	79,365			71,763			157,411			142,405
Industrial:
Atlanta, GA	1,559			1,549			3,039			3,048
Piedmont Triad, NC	2,365			2,307			4,611			4,594
Total Industrial Segment	3,924			3,856			7,650			7,642
Retail:
Kansas City, MO	5,609			5,320			11,232			10,853
Total Retail Segment	5,609			5,320			11,232			10,853
Residential:
Raleigh, NC	—			(65		)	—			(145		)
Total Residential Segment	—			(65		)	—			(145		)
Corporate and other	(16		)	(30		)	(34		)	(59		)
Total Net Operating Income	88,882			80,844			176,259			160,696
Reconciliation to income from continuing operations before disposition of property and condominiums and equity in earnings of unconsolidated affiliates:
Depreciation and amortization	(42,394		)	(38,991		)	(84,208		)	(75,687		)
Impairments of real estate assets	(1,066		)	—			(1,066		)	—
General and administrative expenses	(8,397		)	(8,900		)	(18,979		)	(18,573		)
Interest expense	(23,286		)	(24,372		)	(47,154		)	(49,049		)
Other income	1,617			764			3,236			2,994
Income from continuing operations before disposition of property and condominiums and equity in earnings of unconsolidated affiliates	$	15,356		$	9,345		$	28,088		$	20,381

__________

(1) Net of discontinued operations.