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Segment Information (Tables)
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Segment Information
The following tables summarize the rental and other revenues and net operating income, the primary industry property-level performance metric used by our chief operating decision maker and which is defined as rental and other revenues less rental property and other expenses, for each of our reportable segments.

 
Year Ended December 31,
 
2019
 
2018
 
2017
Rental and Other Revenues:
 
 
 
 
 
Office:
 
 
 
 
 
Atlanta
$
151,279

 
$
141,337

 
$
140,323

Charlotte
4,650

 

 

Greensboro
22,154

 
22,322

 
21,453

Memphis
39,494

 
40,230

 
45,430

Nashville
133,867

 
121,836

 
111,506

Orlando
52,679

 
53,771

 
51,236

Pittsburgh
60,755

 
61,177

 
59,103

Raleigh
122,173

 
118,352

 
119,254

Richmond
49,428

 
45,729

 
43,959

Tampa
86,431

 
102,404

 
97,524

Total Office Segment
722,910

 
707,158

 
689,788

Other
13,069

 
12,877

 
12,949

Total Rental and Other Revenues
$
735,979

 
$
720,035

 
$
702,737


 
Year Ended December 31,
 
2019
 
2018
 
2017
Net Operating Income:
 
 
 
 
 
Office:
 
 
 
 
 
Atlanta
$
97,019

 
$
87,503

 
$
89,575

Charlotte
3,791

 

 

Greensboro
14,183

 
14,275

 
13,612

Memphis
24,790

 
25,659

 
28,128

Nashville
97,386

 
88,554

 
81,204

Orlando
32,062

 
32,841

 
30,526

Pittsburgh
36,249

 
36,233

 
34,784

Raleigh
88,402

 
86,053

 
86,475

Richmond
33,756

 
31,276

 
29,946

Tampa
50,339

 
65,819

 
62,378

Total Office Segment
477,977

 
468,213

 
456,628

Other
9,491

 
9,407

 
9,221

Total Net Operating Income
487,468

 
477,620

 
465,849

Reconciliation to net income:
 
 
 
 
 
Depreciation and amortization
(254,504
)
 
(229,955
)
 
(227,832
)
Impairments of real estate assets
(5,849
)
 
(423
)
 
(1,445
)
General and administrative expenses
(44,067
)
 
(40,006
)
 
(39,648
)
Interest expense
(81,648
)
 
(71,422
)
 
(69,105
)
Other income/(loss)
(2,510
)
 
1,940

 
2,283

Gains on disposition of property
39,517

 
37,638

 
54,157

Equity in earnings of unconsolidated affiliates
3,276

 
2,238

 
7,404

Net income
$
141,683

 
$
177,630

 
$
191,663



 
December 31,
 
2019
 
2018
Total Assets:
 
 
 
Office:
 
 
 
Atlanta
$
1,040,869

 
$
1,047,850

Charlotte
425,045

 

Greensboro
114,030

 
118,611

Memphis
148,832

 
213,276

Nashville
1,045,125

 
937,732

Orlando
289,743

 
306,370

Pittsburgh
323,792

 
329,918

Raleigh
830,128

 
792,464

Richmond
246,546

 
248,669

Tampa
521,620

 
522,263

Total Office Segment
4,985,730

 
4,517,153

Other
152,514

 
157,856

Total Assets
$
5,138,244

 
$
4,675,009