CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $) In Thousands, except Share data	3 Months Ended		9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010
Revenues
Income from office and parking properties	$ 63,594	$ 45,095	$ 170,244	$ 137,392
Management company income	6,120	585	9,990	1,331
Total revenues	69,714	45,680	180,234	138,723
Expenses and other
Property operating expense	30,639	21,612	79,156	65,478
Depreciation and amortization	26,087	14,825	64,519	46,260
Impairment loss on real estate	107,240	0	107,240	0
Impairment loss on mortgage loan receivable	9,235	0	9,235	0
Change in fair value of contingent consideration	(12,000)	0	(12,000)	0
Management company expenses	4,319	858	8,398	2,243
General and administrative	1,902	1,758	5,380	5,361
Acquisition costs	25	0	16,754	0
Total expenses and other	167,447	39,053	278,682	119,342
Operating income (loss)	(97,733)	6,627	(98,448)	19,381
Other income and expenses
Interest and other income	87	354	849	1,105
Equity in earnings of unconsolidated joint ventures	(14)	62	65	253
Gain on involuntary conversion	0	40	0	40
Gain on sale of real estate	743	0	743	0
Interest expense	(13,473)	(10,164)	(37,280)	(30,576)
Loss before income taxes	(110,390)	(3,081)	(134,071)	(9,797)
Income tax (expense) benefit	174	(59)	(50)	(176)
Loss from continuing operations	(110,216)	(3,140)	(134,121)	(9,973)
Discontinued operations:
Income (loss) from discontinued operations	(22,633)	(1,048)	(26,410)	1,444
Gain on sale of real estate from discontinued operations	2,275	0	6,567	8,518
Total discontinued operations	(20,358)	(1,048)	(19,843)	9,962
Net loss	(130,574)	(4,188)	(153,964)	(11)
Net loss attributable to noncontrolling interest - real estate partnerships	77,546	2,356	84,112	7,581
Net income (loss) for Parkway Properties, Inc.	(53,028)	(1,832)	(69,852)	7,570
Dividends on preferred stock	(2,710)	(1,737)	(7,341)	(4,137)
Net income (loss) attributable to common stockholders	$ (55,738)	$ (3,569)	$ (77,193)	$ 3,433
Basic:
Loss from continuing operations attributable to Parkway Properties, Inc.	$ (1.64)	$ (0.12)	$ (2.67)	$ (0.30)
Discontinued operations (in dollars per share)	$ (0.95)	$ (0.05)	$ (0.92)	$ 0.46
Basic net income (loss) attributable to Parkway Properties, Inc.	$ (2.59)	$ (0.17)	$ (3.59)	$ 0.16
Diluted:
Loss from continuing operations attributable to Parkway Properties, Inc.	$ (1.64)	$ (0.12)	$ (2.67)	$ (0.30)
Discontinued operations	$ (0.95)	$ (0.05)	$ (0.92)	$ 0.46
Diluted net income (loss) attributable to Parkway Properties, Inc.	$ (2.59)	$ (0.17)	$ (3.59)	$ 0.16
Weighted average shares outstanding:
Basic	21,502,000	21,438,000	21,489,000	21,413,000
Diluted	21,502,000	21,438,000	21,489,000	21,413,000