CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2012	Dec. 31, 2011
Real estate related investments:
Office and parking properties	$ 1,204,885	$ 1,084,060
Accumulated depreciation	(172,480)	(162,123)
Net investment in office and parking properties	1,032,405	921,937
Land available for sale	250	250
Mortgage loans	1,500	1,500
Total net investment in real estate related investments	1,034,155	923,687
Receivables and other assets	96,339	109,427
Intangible assets, net	105,205	95,628
Assets held for sale	98,844	382,789
Management contracts, net	48,735	49,597
Cash and cash equivalents	31,489	75,183
Total Assets	1,414,767	1,636,311
Liabilities
Notes payable to banks	48,000	132,322
Mortgage notes payable	553,674	498,012
Accounts payable and other liabilities	70,976	90,341
Liabilities related to assets held for sale	100,376	285,599
Total Liabilities	773,026	1,006,274
Parkway Properties, Inc. stockholders' equity:
8.00% Series D Preferred stock, $.001 par value, 5,421,296 shares authorized, issued and outstanding in 2012 and 2011	128,942	128,942
Common stock, $.001 par value, 64,578,704 shares authorized in 2012 and 2011, 21,954,105 and 21,995,536 shares issued and outstanding in 2012 and 2011, respectively	22	22
Common stock held in trust, at cost, 6,243 and 8,368 shares in 2012 and 2011, respectively	(148)	(220)
Additional paid-in capital	517,343	517,309
Accumulated other comprehensive loss	(3,258)	(3,340)
Accumulated deficit	(270,740)	(271,104)
Total Parkway Properties, Inc. stockholders' equity	372,161	371,609
Noncontrolling interests	269,580	258,428
Total equity	641,741	630,037
Total liabilities and equity	$ 1,414,767	$ 1,636,311