CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (Unaudited) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Revenues
Income from office and parking properties	$ 50,104	$ 35,514	$ 95,959	$ 63,321
Management company income	4,973	3,532	10,405	3,870
Total revenues	55,077	39,046	106,364	67,191
Expenses and other
Property operating expense	19,657	14,196	37,976	25,193
Depreciation and amortization	19,548	12,017	37,534	21,097
Change in fair value of contingent consideration	0	0	216	0
Management company expenses	4,226	3,150	8,760	3,954
General and administrative	3,918	3,709	7,517	7,465
Acquisition costs	506	14,380	1,332	16,729
Total expenses and other	47,855	47,452	93,335	74,438
Operating income (loss)	7,222	(8,406)	13,029	(7,247)
Other income and expenses
Interest and other income	44	438	141	762
Equity in earnings of unconsolidated joint ventures	0	54	0	95
Interest expense	(8,536)	(7,669)	(17,780)	(14,077)
Loss before income taxes	(1,270)	(15,583)	(4,610)	(20,467)
Income tax benefit (expense)	11	(224)	(150)	(224)
Loss from continuing operations	(1,259)	(15,807)	(4,760)	(20,691)
Discontinued operations:
Income (loss) from discontinued operations	(664)	(4,085)	2,589	(6,991)
Gain on sale of real estate from discontinued operations	3,197	4,292	8,772	4,292
Total discontinued operations	2,533	207	11,361	(2,699)
Net income (loss)	1,274	(15,600)	6,601	(23,390)
Net (income) loss attributable to noncontrolling interests - real estate partnerships	1,426	3,371	893	6,566
Net income attributable to noncontrolling interest - unit holders	73	0	(16)	0
Net income (loss) for Parkway Properties, Inc.	2,773	(12,229)	7,478	(16,824)
Change in market value of interest rate swaps	(1,048)	(1,273)	(966)	(184)
Comprehensive income (loss)	1,725	(13,502)	6,512	(17,008)
Net income (loss) for Parkway Properties, Inc.	2,773	(12,229)	7,478	(16,824)
Dividends on preferred stock	(2,710)	(2,444)	(5,421)	(4,631)
Dividends on convertible preferred stock	(1,011)	0	(1,011)	0
Net income (loss) attributable to common stockholders	(948)	(14,673)	1,046	(21,455)
Basic and Diluted:
Loss from continuing operations attributable to Parkway Properties, Inc. (in dollars per share)	$ (0.13)	$ (0.77)	$ (0.29)	$ (1.04)
Discontinued operations (in dollars per share)	$ 0.09	$ 0.09	$ 0.34	$ 0.04
Basic and diluted net income (loss) attributable to Parkway Properties, Inc. (in dollars per share)	$ (0.04)	$ (0.68)	$ 0.05	$ (1)
Weighted average shares outstanding:
Basic (in shares)	23,440	21,489	22,504	21,483
Diluted (in shares)	23,440	21,489	22,504	21,483
Amounts attributable to Parkway Properties, Inc. common stockholders:
Loss from continuing operations attributable to Parkway Properties, Inc.	(3,161)	(16,634)	(6,640)	(22,286)
Discontinued operations	2,213	1,961	7,686	831
Net income (loss) attributable to common stockholders	$ (948)	$ (14,673)	$ 1,046	$ (21,455)