XML 20 R2.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Real estate assets, at cost:    
Land $ 495,753 $ 491,441
Buildings and tenant improvements 4,835,323 4,676,862
Development in-process 63,118 165,537
Land held for development 137,340 128,248
Total real estate assets 5,531,534 5,462,088
Less-accumulated depreciation (1,360,108) (1,296,562)
Net real estate assets 4,171,426 4,165,526
Real estate and other assets, net, held for sale 8,839 0
Cash and cash equivalents 4,530 3,769
Restricted cash 8,977 6,374
Accounts receivable 37,703 25,952
Mortgages and notes receivable, net of allowance of $28 and $44, respectively 1,583 5,599
Accrued straight-line rents receivable 226,614 220,088
Investments in and advances to unconsolidated affiliates 23,584 23,585
Deferred leasing costs, net of accumulated amortization of $152,334 and $149,275, respectively 195,863 195,273
Prepaid expenses and other assets, net of accumulated depreciation of $19,418 and $18,074, respectively 63,494 28,843
Total Assets 4,742,613 4,675,009
Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Liabilities, Redeemable Operating Partnership Units and Capital:    
Mortgages and notes payable, net 2,161,965 2,085,831
Accounts payable, accrued expenses and other liabilities 257,338 218,922
Total Liabilities 2,419,303 2,304,753
Commitments and contingencies
Noncontrolling interests in the Operating Partnership 112,778 105,960
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), 28,859 and 28,877 shares issued and outstanding, respectively 28,859 28,877
Common Stock, $.01 par value, 200,000,000 authorized shares; 103,704,603 and 103,557,065 shares issued and outstanding, respectively 1,037 1,036
Additional paid-in capital 2,972,798 2,976,197
Distributions in excess of net income available for common stockholders (821,051) (769,303)
Accumulated other comprehensive income 6,488 9,913
Total Stockholders’ Equity 2,188,131 2,246,720
Noncontrolling interests in consolidated affiliates 22,401 17,576
Total Equity/Capital 2,210,532 2,264,296
Total Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Total Liabilities, Redeemable Operating Partnership Units and Capital 4,742,613 4,675,009
Highwoods Realty Limited Partnership [Member]    
Real estate assets, at cost:    
Land 495,753 491,441
Buildings and tenant improvements 4,835,323 4,676,862
Development in-process 63,118 165,537
Land held for development 137,340 128,248
Total real estate assets 5,531,534 5,462,088
Less-accumulated depreciation (1,360,108) (1,296,562)
Net real estate assets 4,171,426 4,165,526
Real estate and other assets, net, held for sale 8,839 0
Cash and cash equivalents 4,530 3,769
Restricted cash 8,977 6,374
Accounts receivable 37,703 25,952
Mortgages and notes receivable, net of allowance of $28 and $44, respectively 1,583 5,599
Accrued straight-line rents receivable 226,614 220,088
Investments in and advances to unconsolidated affiliates 23,584 23,585
Deferred leasing costs, net of accumulated amortization of $152,334 and $149,275, respectively 195,863 195,273
Prepaid expenses and other assets, net of accumulated depreciation of $19,418 and $18,074, respectively 63,494 28,843
Total Assets 4,742,613 4,675,009
Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Liabilities, Redeemable Operating Partnership Units and Capital:    
Mortgages and notes payable, net 2,161,965 2,085,831
Accounts payable, accrued expenses and other liabilities 257,338 218,922
Total Liabilities 2,419,303 2,304,753
Commitments and contingencies
Redeemable Operating Partnership Units:    
Common Units, 2,730,703 and 2,738,703 outstanding, respectively 112,778 105,960
Series A Preferred Units (liquidation preference $1,000 per unit), 28,859 and 28,877 units issued and outstanding, respectively 28,859 28,877
Total Redeemable Operating Partnership Units 141,637 134,837
Equity/Capital:    
General partner Common Units, 1,060,265 and 1,058,870 outstanding, respectively 21,528 22,078
Limited partner Common Units, 102,235,529 and 102,089,386 outstanding, respectively 2,131,256 2,185,852
Accumulated other comprehensive income 6,488 9,913
Noncontrolling interests in consolidated affiliates 22,401 17,576
Total Equity/Capital 2,181,673 2,235,419
Total Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Total Liabilities, Redeemable Operating Partnership Units and Capital $ 4,742,613 $ 4,675,009