XML 59 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Real estate assets, at cost:    
Land $ 388,807us-gaap_Land $ 393,602us-gaap_Land
Buildings and tenant improvements 3,840,379hiw_BuildingAndTenantImprovements 3,748,869hiw_BuildingAndTenantImprovements
Development in process 205,971us-gaap_DevelopmentInProcess 44,621us-gaap_DevelopmentInProcess
Land held for development 79,355us-gaap_LandAvailableForDevelopment 110,374us-gaap_LandAvailableForDevelopment
Total real estate assets 4,514,512us-gaap_RealEstateInvestmentPropertyAtCost 4,297,466us-gaap_RealEstateInvestmentPropertyAtCost
Less-accumulated depreciation (1,033,106)us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation (985,244)us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation
Net real estate assets 3,481,406us-gaap_RealEstateInvestmentPropertyNet 3,312,222us-gaap_RealEstateInvestmentPropertyNet
Real estate and other assets, net, held for sale 1,038us-gaap_RealEstateHeldforsale 0us-gaap_RealEstateHeldforsale
Cash and cash equivalents 8,832us-gaap_CashAndCashEquivalentsAtCarryingValue 10,184us-gaap_CashAndCashEquivalentsAtCarryingValue
Restricted cash 14,595us-gaap_RestrictedCashAndCashEquivalents 14,169us-gaap_RestrictedCashAndCashEquivalents
Accounts receivable, net of allowance of $1,314 and $1,648, respectively 48,557us-gaap_AccountsReceivableNet 26,430us-gaap_AccountsReceivableNet
Mortgages and notes receivable, net of allowance of $275 and $302, respectively 13,116us-gaap_NotesReceivableNet 26,409us-gaap_NotesReceivableNet
Accrued straight-line rents receivable, net of allowance of $600 and $1,063, respectively 142,037us-gaap_DeferredRentReceivablesNet 126,014us-gaap_DeferredRentReceivablesNet
Investments in and advances to unconsolidated affiliates 27,071us-gaap_EquityMethodInvestments 29,901us-gaap_EquityMethodInvestments
Deferred financing and leasing costs, net of accumulated amortization of $112,804 and $92,220, respectively 228,768us-gaap_FiniteLivedIntangibleAssetsNet 222,211us-gaap_FiniteLivedIntangibleAssetsNet
Prepaid expenses and other assets, net of accumulated amortization of $14,259 and $12,905, respectively 39,489us-gaap_PrepaidExpenseAndOtherAssets 39,561us-gaap_PrepaidExpenseAndOtherAssets
Total Assets 4,004,909us-gaap_Assets 3,807,101us-gaap_Assets
Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Liabilities, Redeemable Operating Partnership Units and Capital:    
Mortgages and notes payable 2,071,389us-gaap_NotesAndLoansPayable 1,956,299us-gaap_NotesAndLoansPayable
Accounts payable, accrued expenses and other liabilities 237,633hiw_AccountsPayableAccruedExpensesAndOtherLiabilities 218,962hiw_AccountsPayableAccruedExpensesAndOtherLiabilities
Financing obligations 23,519hiw_FinancingObligations 26,664hiw_FinancingObligations
Total Liabilities 2,332,541us-gaap_Liabilities 2,201,925us-gaap_Liabilities
Commitments and contingencies      
Noncontrolling interests in the Operating Partnership 130,048us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount 106,480us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount
Equity/Capital:    
Preferred Stock, $.01 par value, 50,000,000 authorized shares; 8.625% Series A Cumulative Redeemable Preferred Shares (liquidation preference $1,000 per share), 29,060 and 29,077 shares issued and outstanding, respectively 29,060us-gaap_PreferredStockValue 29,077us-gaap_PreferredStockValue
Common Stock, $.01 par value, 200,000,000 authorized shares; 92,907,310 and 89,920,915 shares issued and outstanding, respectively 929us-gaap_CommonStockValue 899us-gaap_CommonStockValue
Additional paid-in capital 2,464,275us-gaap_AdditionalPaidInCapital 2,370,368us-gaap_AdditionalPaidInCapital
Distributions in excess of net income available for common stockholders (966,141)us-gaap_RetainedEarningsAccumulatedDeficit (920,433)us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive loss (3,912)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (2,611)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total Stockholders’ Equity 1,524,211us-gaap_StockholdersEquity 1,477,300us-gaap_StockholdersEquity
Noncontrolling interests in consolidated affiliates 18,109us-gaap_MinorityInterest 21,396us-gaap_MinorityInterest
Total Equity/Capital: 1,542,320us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 1,498,696us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Total Liabilities, Redeemable Operating Partnership Units and Capital 4,004,909us-gaap_LiabilitiesAndStockholdersEquity 3,807,101us-gaap_LiabilitiesAndStockholdersEquity
Highwoods Realty Limited Partnership [Member]    
Real estate assets, at cost:    
Land 388,807us-gaap_Land
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
393,602us-gaap_Land
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Buildings and tenant improvements 3,840,379hiw_BuildingAndTenantImprovements
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
3,748,869hiw_BuildingAndTenantImprovements
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Development in process 205,971us-gaap_DevelopmentInProcess
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
44,621us-gaap_DevelopmentInProcess
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Land held for development 79,355us-gaap_LandAvailableForDevelopment
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
110,374us-gaap_LandAvailableForDevelopment
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Total real estate assets 4,514,512us-gaap_RealEstateInvestmentPropertyAtCost
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
4,297,466us-gaap_RealEstateInvestmentPropertyAtCost
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Less-accumulated depreciation (1,033,106)us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
(985,244)us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Net real estate assets 3,481,406us-gaap_RealEstateInvestmentPropertyNet
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
3,312,222us-gaap_RealEstateInvestmentPropertyNet
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Real estate and other assets, net, held for sale 1,038us-gaap_RealEstateHeldforsale
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
0us-gaap_RealEstateHeldforsale
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Cash and cash equivalents 8,938us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
10,281us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Restricted cash 14,595us-gaap_RestrictedCashAndCashEquivalents
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
14,169us-gaap_RestrictedCashAndCashEquivalents
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Accounts receivable, net of allowance of $1,314 and $1,648, respectively 48,557us-gaap_AccountsReceivableNet
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
26,430us-gaap_AccountsReceivableNet
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Mortgages and notes receivable, net of allowance of $275 and $302, respectively 13,116us-gaap_NotesReceivableNet
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
26,409us-gaap_NotesReceivableNet
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Accrued straight-line rents receivable, net of allowance of $600 and $1,063, respectively 142,037us-gaap_DeferredRentReceivablesNet
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
126,014us-gaap_DeferredRentReceivablesNet
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Investments in and advances to unconsolidated affiliates 27,071us-gaap_EquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
29,901us-gaap_EquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Deferred financing and leasing costs, net of accumulated amortization of $112,804 and $92,220, respectively 228,768us-gaap_FiniteLivedIntangibleAssetsNet
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
222,211us-gaap_FiniteLivedIntangibleAssetsNet
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Prepaid expenses and other assets, net of accumulated amortization of $14,259 and $12,905, respectively 39,489us-gaap_PrepaidExpenseAndOtherAssets
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
39,561us-gaap_PrepaidExpenseAndOtherAssets
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Total Assets 4,005,015us-gaap_Assets
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
3,807,198us-gaap_Assets
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Liabilities, Redeemable Operating Partnership Units and Capital:    
Mortgages and notes payable 2,071,389us-gaap_NotesAndLoansPayable
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
1,956,299us-gaap_NotesAndLoansPayable
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Accounts payable, accrued expenses and other liabilities 237,547hiw_AccountsPayableAccruedExpensesAndOtherLiabilities
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
218,887hiw_AccountsPayableAccruedExpensesAndOtherLiabilities
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Financing obligations 23,519hiw_FinancingObligations
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
26,664hiw_FinancingObligations
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Total Liabilities 2,332,455us-gaap_Liabilities
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
2,201,850us-gaap_Liabilities
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Commitments and contingencies      
Redeemable Operating Partnership Units:    
Common Units, 2,936,955 and 2,943,872 outstanding, respectively 130,048hiw_RedeemableOperatingPartnershipCommonUnitsOutstanding
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
106,480hiw_RedeemableOperatingPartnershipCommonUnitsOutstanding
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Series A Preferred Units (liquidation preference $1,000 per unit), 29,060 and 29,077 units issued and outstanding, respectively 29,060us-gaap_PreferredUnitsContributedCapital
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
29,077us-gaap_PreferredUnitsContributedCapital
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Total Redeemable Operating Partnership Units 159,108hiw_TotalRedeemableOperatingPartnershipUnits
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
135,557hiw_TotalRedeemableOperatingPartnershipUnits
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Equity/Capital:    
General partner Common Units, 954,355 and 924,560 outstanding, respectively 14,990us-gaap_GeneralPartnersCapitalAccount
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
14,508us-gaap_GeneralPartnersCapitalAccount
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Limited partner Common Units, 91,544,146 and 88,587,546 outstanding, respectively 1,484,265us-gaap_LimitedPartnersCapitalAccount
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
1,436,498us-gaap_LimitedPartnersCapitalAccount
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Accumulated other comprehensive loss (3,912)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
(2,611)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Noncontrolling interests in consolidated affiliates 18,109us-gaap_MinorityInterest
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
21,396us-gaap_MinorityInterest
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Total Equity/Capital: 1,513,452us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
1,469,791us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Total Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Total Liabilities, Redeemable Operating Partnership Units and Capital $ 4,005,015us-gaap_LiabilitiesAndStockholdersEquity
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
$ 3,807,198us-gaap_LiabilitiesAndStockholdersEquity
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember