XML 67 R68.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Share/Unit (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Numerator:                      
Income from continuing operations $ 19,328 $ 16,608 $ 15,487 $ 11,300 $ 13,225 $ 9,617 $ 8,756 $ 8,715 $ 62,723 $ 40,313 $ 30,885
Net (income) attributable to noncontrolling interests in the Operating Partnership from continuing operations                 (2,185) (1,767) (1,239)
Net (income) attributable to noncontrolling interests in consolidated affiliates (356) (203) (187) (203) (220) (159) (223) (184) (949) (786) (755)
Dividends on Preferred Stock (627) (627) (627) (627) (627) (627) (627) (627) (2,508) (2,508) (4,553)
Excess of Preferred Stock redemption/repurchase cost over carrying value                 0 0 (1,895)
Income from continuing operations available for common stockholders                 57,081 35,252 22,443
Income from discontinued operations 12,362 39,460 14,092 2,460 2,384 26,179 5,742 9,617 68,374 43,922 17,086
Net (income) attributable to noncontrolling interests in the Operating Partnership from discontinued operations                 (2,506) (2,087) (852)
Income from discontinued operations available for common stockholders                 65,868 41,835 16,234
Net income available for common stockholders 29,729 53,349 27,522 12,349 14,074 33,357 12,962 16,694 122,949 77,087 38,677
Denominator:                      
Denominator for basic earnings per Common Share - weighted average shares (in shares)                 85,335,000 [1],[2] 75,811,000 [1],[2] 72,281,000 [1],[2]
Earnings per Common Share - basic:                      
Income from continuing operations available for common stockholders (in dollars per share) $ 0.20 $ 0.17 $ 0.17 $ 0.12 $ 0.15 $ 0.11 $ 0.10 $ 0.10 $ 0.67 $ 0.47 $ 0.31
Income from discontinued operations available for common stockholders (in dollars per share) $ 0.13 $ 0.44 $ 0.16 $ 0.03 $ 0.03 $ 0.33 $ 0.07 $ 0.13 $ 0.77 $ 0.55 $ 0.23
Net income available for common stockholders (in dollars per share) $ 0.33 $ 0.61 $ 0.33 $ 0.15 $ 0.18 $ 0.44 $ 0.17 $ 0.23 $ 1.44 $ 1.02 $ 0.54
Numerator:                      
Income from continuing operations 19,328 16,608 15,487 11,300 13,225 9,617 8,756 8,715 62,723 40,313 30,885
Net (income) attributable to noncontrolling interests in consolidated affiliates (356) (203) (187) (203) (220) (159) (223) (184) (949) (786) (755)
Dividends on Preferred Stock (627) (627) (627) (627) (627) (627) (627) (627) (2,508) (2,508) (4,553)
Excess of Preferred Stock redemption/repurchase cost over carrying value                 0 0 (1,895)
Income from continuing operations available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership                 59,266 37,019 23,682
Income from discontinued operations 12,362 39,460 14,092 2,460 2,384 26,179 5,742 9,617 68,374 43,922 17,086
Net income available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership                 127,640 80,941 40,768
Denominator:                      
Denominator for basic earnings per Common Share - weighted average shares (in shares)                 85,335,000 [1],[2] 75,811,000 [1],[2] 72,281,000 [1],[2]
Stock options using the treasury method                 114,000 122,000 136,000
Noncontrolling interests Common Units                 3,387,000 3,745,000 3,772,000
Denominator for diluted earnings per Common Share - adjusted weighted average shares and assumed conversions (in shares) (1)                 88,836,000 [1] 79,678,000 [1] 76,189,000 [1]
Earnings per Common Share - diluted:                      
Income from continuing operations available for common stockholders (in dollars per share) $ 0.20 $ 0.17 $ 0.17 $ 0.12 $ 0.15 $ 0.11 $ 0.10 $ 0.10 $ 0.67 $ 0.47 $ 0.31
Income from discontinued operations available for common stockholders (in dollars per share) $ 0.13 $ 0.44 $ 0.16 $ 0.03 $ 0.03 $ 0.32 $ 0.07 $ 0.13 $ 0.77 $ 0.55 $ 0.23
Net income available for common stockholders (in dollars per share) $ 0.33 $ 0.61 $ 0.33 $ 0.15 $ 0.18 $ 0.43 $ 0.17 $ 0.23 $ 1.44 $ 1.02 $ 0.54
Earnings per Common Unit - diluted:                      
Number of anti-dilutive options and warrants not included in earnings per share (in dollars per share)                 300,000 500,000 400,000
Highwoods Realty Limited Partnership [Member]
                     
Numerator:                      
Income from continuing operations 19,328 16,607 15,490 11,247 13,276 9,621 8,759 8,717 62,672 40,373 30,946
Net (income) attributable to noncontrolling interests in consolidated affiliates (356) (203) (187) (203) (220) (159) (223) (184) (949) (786) (755)
Distributions on Preferred Units (627) (627) (627) (627) (627) (627) (627) (627) (2,508) (2,508) (4,553)
Excess of Preferred Unit redemption/repurchase cost over carrying value                 0 0 (1,895)
Income from continuing operations available for common unitholders                 59,215 37,079 23,743
Income from discontinued operations available for common unitholders 12,362 39,460 14,092 2,460 2,384 26,179 5,742 9,617 68,374 43,922 17,086
Net income available for common unitholders 30,707 55,237 28,768 12,877 14,813 35,014 13,651 17,523 127,589 81,001 40,829
Denominator:                      
Denominator for basic earnings per Common Unit - weighted average units (in shares)                 88,313,000 79,147,000 75,644,000
Earnings per Common Unit - basic:                      
Income from continuing operations available for common unitholders (in dollars per share) $ 0.20 $ 0.17 $ 0.17 $ 0.12 $ 0.15 $ 0.11 $ 0.11 $ 0.10 $ 0.67 $ 0.47 $ 0.31
Income from discontinued operations available for common unitholders (in dollars per share) $ 0.13 $ 0.44 $ 0.16 $ 0.03 $ 0.03 $ 0.33 $ 0.07 $ 0.13 $ 0.77 $ 0.55 $ 0.23
Net income available for common unitholders (in dollars per share) $ 0.33 $ 0.61 $ 0.33 $ 0.15 $ 0.18 $ 0.44 $ 0.18 $ 0.23 $ 1.44 $ 1.02 $ 0.54
Numerator:                      
Income from continuing operations 19,328 16,607 15,490 11,247 13,276 9,621 8,759 8,717 62,672 40,373 30,946
Net (income) attributable to noncontrolling interests in consolidated affiliates (356) (203) (187) (203) (220) (159) (223) (184) (949) (786) (755)
Distributions on Preferred Units (627) (627) (627) (627) (627) (627) (627) (627) (2,508) (2,508) (4,553)
Excess of Preferred Unit redemption/repurchase cost over carrying value                 0 0 (1,895)
Income from continuing operations available for common unitholders                 59,215 37,079 23,743
Income from discontinued operations available for common unitholders 12,362 39,460 14,092 2,460 2,384 26,179 5,742 9,617 68,374 43,922 17,086
Net income available for common unitholders $ 30,707 $ 55,237 $ 28,768 $ 12,877 $ 14,813 $ 35,014 $ 13,651 $ 17,523 $ 127,589 $ 81,001 $ 40,829
Denominator:                      
Denominator for basic earnings per Common Unit - weighted average units (in shares)                 88,313,000 79,147,000 75,644,000
Stock options using the treasury method                 114,000 122,000 136,000
Denominator for diluted earnings per Common Unit - adjusted weighted average units and assumed conversions (in shares)                 88,427,000 79,269,000 75,780,000
Earnings per Common Unit - diluted:                      
Income from continuing operations available for common unitholders (in dollars per share) $ 0.20 $ 0.17 $ 0.17 $ 0.12 $ 0.15 $ 0.11 $ 0.10 $ 0.10 $ 0.67 $ 0.47 $ 0.31
Income from discontinued operations available for common unitholders (in dollars per share) $ 0.13 $ 0.44 $ 0.16 $ 0.03 $ 0.03 $ 0.33 $ 0.07 $ 0.13 $ 0.77 $ 0.55 $ 0.23
Net income available for common unitholders (in dollars per share) $ 0.33 $ 0.61 $ 0.33 $ 0.15 $ 0.18 $ 0.44 $ 0.17 $ 0.23 $ 1.44 $ 1.02 $ 0.54
Number of anti-dilutive options and warrants not included in earnings per share (in dollars per share)                 300,000 500,000 400,000
[1] There were 0.3 million, 0.5 million and 0.4 million options outstanding during the years ended December 31, 2013, 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 where dividends on such restricted stock are non-forfeitable.