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Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Operating activities      
Net income (loss) $ 44,208,000us-gaap_ProfitLoss $ (12,037,000)us-gaap_ProfitLoss $ (42,981,000)us-gaap_ProfitLoss
Adjustments to reconcile net income (loss) to cash provided by operating activities:      
Depreciation and amortization 182,955,000us-gaap_DepreciationDepletionAndAmortization 118,031,000us-gaap_DepreciationDepletionAndAmortization 74,626,000us-gaap_DepreciationDepletionAndAmortization
Depreciation and amortization-discontinued operations 116,000us-gaap_DepreciationAndAmortizationDiscontinuedOperations 4,560,000us-gaap_DepreciationAndAmortizationDiscontinuedOperations 7,843,000us-gaap_DepreciationAndAmortizationDiscontinuedOperations
Net amortization of above (below) market leases (13,690,000)us-gaap_AmortizationOfIntangibleAssets 2,210,000us-gaap_AmortizationOfIntangibleAssets 5,015,000us-gaap_AmortizationOfIntangibleAssets
Net amortization of above (below) market leases-discontinued operations 0pky_AmortizationOfIntangibleAssetsDiscontinuedOperations 33,000pky_AmortizationOfIntangibleAssetsDiscontinuedOperations 84,000pky_AmortizationOfIntangibleAssetsDiscontinuedOperations
Amortization of financing costs 2,845,000us-gaap_AmortizationOfFinancingCosts 2,448,000us-gaap_AmortizationOfFinancingCosts 1,967,000us-gaap_AmortizationOfFinancingCosts
Amortization of financing costs-discontinued operations 0pky_AmortizationOfLoanCostsDiscontinuedOperations 17,000pky_AmortizationOfLoanCostsDiscontinuedOperations 96,000pky_AmortizationOfLoanCostsDiscontinuedOperations
Amortization of debt premium, net (6,374,000)us-gaap_AmortizationOfDebtDiscountPremium 0us-gaap_AmortizationOfDebtDiscountPremium 0us-gaap_AmortizationOfDebtDiscountPremium
Non-cash adjustment for interest rate swaps (19,000)us-gaap_IncreaseDecreaseInDerivativeAssetsAndLiabilities 0us-gaap_IncreaseDecreaseInDerivativeAssetsAndLiabilities 0us-gaap_IncreaseDecreaseInDerivativeAssetsAndLiabilities
Share-based compensation expense 7,417,000us-gaap_ShareBasedCompensation 5,730,000us-gaap_ShareBasedCompensation 432,000us-gaap_ShareBasedCompensation
Deferred income tax benefit (4,763,000)us-gaap_DeferredIncomeTaxExpenseBenefit (1,960,000)us-gaap_DeferredIncomeTaxExpenseBenefit (1,030,000)us-gaap_DeferredIncomeTaxExpenseBenefit
Gain on sale of in-substance real estate (6,289,000)us-gaap_GainsLossesOnSalesOfOtherRealEstate 0us-gaap_GainsLossesOnSalesOfOtherRealEstate 0us-gaap_GainsLossesOnSalesOfOtherRealEstate
Gain on sale of real estate (76,378,000)us-gaap_GainsLossesOnSalesOfInvestmentRealEstate 0us-gaap_GainsLossesOnSalesOfInvestmentRealEstate (548,000)us-gaap_GainsLossesOnSalesOfInvestmentRealEstate
Gain on sale of real estate-discontinued operations (10,463,000)us-gaap_GainLossOnDispositionOfRealEstateDiscontinuedOperations (32,493,000)us-gaap_GainLossOnDispositionOfRealEstateDiscontinuedOperations (12,938,000)us-gaap_GainLossOnDispositionOfRealEstateDiscontinuedOperations
Non-cash impairment loss on real estate 11,700,000us-gaap_ImpairmentOfRealEstate 0us-gaap_ImpairmentOfRealEstate 5,700,000us-gaap_ImpairmentOfRealEstate
Non-cash impairment loss on real estate-discontinued operations 0pky_ImpairmentOfRealEstateDiscontinuedOperations 10,200,000pky_ImpairmentOfRealEstateDiscontinuedOperations 3,500,000pky_ImpairmentOfRealEstateDiscontinuedOperations
Non-cash impairment loss on management contracts and goodwill 4,750,000pky_ImpairmentLossonManagementContractsandGoodwill 0pky_ImpairmentLossonManagementContractsandGoodwill 41,967,000pky_ImpairmentLossonManagementContractsandGoodwill
Equity in (earnings) losses of unconsolidated joint ventures 967,000us-gaap_IncomeLossFromEquityMethodInvestments (178,000)us-gaap_IncomeLossFromEquityMethodInvestments 0us-gaap_IncomeLossFromEquityMethodInvestments
Equity in losses of unconsolidated joint ventures-discontinued operations 0pky_IncomeLossFromEquityMethodInvestmentsDiscontinuedOperations 0pky_IncomeLossFromEquityMethodInvestmentsDiscontinuedOperations 19,000pky_IncomeLossFromEquityMethodInvestmentsDiscontinuedOperations
Distributions of income from unconsolidated joint ventures 5,338,000us-gaap_EquityMethodInvestmentDividendsOrDistributions 0us-gaap_EquityMethodInvestmentDividendsOrDistributions 0us-gaap_EquityMethodInvestmentDividendsOrDistributions
Change in fair value of contingent consideration 0us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 0us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 216,000us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
Increase in deferred leasing costs (16,742,000)us-gaap_IncreaseDecreaseInDeferredLeasingFees (16,117,000)us-gaap_IncreaseDecreaseInDeferredLeasingFees (11,885,000)us-gaap_IncreaseDecreaseInDeferredLeasingFees
Changes in operating assets and liabilities:      
Change in condominium units 10,582,000us-gaap_IncreaseDecreaseInAssetsHeldForSale 0us-gaap_IncreaseDecreaseInAssetsHeldForSale 0us-gaap_IncreaseDecreaseInAssetsHeldForSale
Change in receivables and other assets (65,846,000)us-gaap_IncreaseDecreaseInOperatingAssets (25,739,000)us-gaap_IncreaseDecreaseInOperatingAssets (1,854,000)us-gaap_IncreaseDecreaseInOperatingAssets
Change in accounts payable and other liabilities (17,310,000)us-gaap_IncreaseDecreaseInOperatingLiabilities 10,381,000us-gaap_IncreaseDecreaseInOperatingLiabilities (8,656,000)us-gaap_IncreaseDecreaseInOperatingLiabilities
Cash provided by operating activities 53,004,000us-gaap_NetCashProvidedByUsedInOperatingActivities 65,086,000us-gaap_NetCashProvidedByUsedInOperatingActivities 61,573,000us-gaap_NetCashProvidedByUsedInOperatingActivities
Investing activities      
Issuance of mortgage loan receivable 0us-gaap_PaymentsToAcquireLoansReceivable (3,523,000)us-gaap_PaymentsToAcquireLoansReceivable 0us-gaap_PaymentsToAcquireLoansReceivable
Proceeds from mortgage loan receivable 85,000us-gaap_ProceedsFromCollectionOfOtherReceivables 21,000us-gaap_ProceedsFromCollectionOfOtherReceivables 2,000,000us-gaap_ProceedsFromCollectionOfOtherReceivables
Distributions of capital from unconsolidated joint ventures 251,000us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital 29,405,000us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital 120,000us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
Investment in unconsolidated joint ventures (3,505,000)us-gaap_PaymentsToAcquireEquityMethodInvestments (86,685,000)us-gaap_PaymentsToAcquireEquityMethodInvestments 0us-gaap_PaymentsToAcquireEquityMethodInvestments
Investment in real estate (750,004,000)us-gaap_PaymentsToAcquireRealEstate (187,442,000)us-gaap_PaymentsToAcquireRealEstate (692,911,000)us-gaap_PaymentsToAcquireRealEstate
Acquisition of TPGI, net of cash received 0us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired (54,031,000)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired 0us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
Proceeds from sale of in-substance real estate 24,923,000us-gaap_ProceedsFromSaleOfOtherRealEstate 0us-gaap_ProceedsFromSaleOfOtherRealEstate 0us-gaap_ProceedsFromSaleOfOtherRealEstate
Proceeds from sale of real estate 382,912,000us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment 191,485,000us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment 127,867,000us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment
Real estate development (14,282,000)us-gaap_PaymentsToDevelopRealEstateAssets (745,000)us-gaap_PaymentsToDevelopRealEstateAssets 0us-gaap_PaymentsToDevelopRealEstateAssets
Improvements to real estate (52,569,000)us-gaap_PaymentsForCapitalImprovements (35,373,000)us-gaap_PaymentsForCapitalImprovements (25,621,000)us-gaap_PaymentsForCapitalImprovements
Cash used in investing activities (412,189,000)us-gaap_NetCashProvidedByUsedInInvestingActivities (146,888,000)us-gaap_NetCashProvidedByUsedInInvestingActivities (588,545,000)us-gaap_NetCashProvidedByUsedInInvestingActivities
Financing activities      
Principal payments on mortgage notes payable (53,402,000)us-gaap_RepaymentsOfSecuredDebt (73,385,000)us-gaap_RepaymentsOfSecuredDebt (24,623,000)us-gaap_RepaymentsOfSecuredDebt
Proceeds from mortgage notes payable 481,000us-gaap_ProceedsFromIssuanceOfLongTermDebt 178,000,000us-gaap_ProceedsFromIssuanceOfLongTermDebt 73,500,000us-gaap_ProceedsFromIssuanceOfLongTermDebt
Proceeds from bank borrowings 398,590,000us-gaap_ProceedsFromBankDebt 542,234,000us-gaap_ProceedsFromBankDebt 482,266,000us-gaap_ProceedsFromBankDebt
Payments on bank borrowings (220,090,000)us-gaap_RepaymentsOfBankDebt (501,234,000)us-gaap_RepaymentsOfBankDebt (352,588,000)us-gaap_RepaymentsOfBankDebt
Debt financing costs (3,893,000)us-gaap_PaymentsOfFinancingCosts (2,749,000)us-gaap_PaymentsOfFinancingCosts (3,552,000)us-gaap_PaymentsOfFinancingCosts
Purchase of Company stock 0us-gaap_PaymentsForRepurchaseOfCommonStock (49,000)us-gaap_PaymentsForRepurchaseOfCommonStock (172,000)us-gaap_PaymentsForRepurchaseOfCommonStock
Dividends paid on common stock (76,734,000)us-gaap_PaymentsOfDividendsCommonStock (41,818,000)us-gaap_PaymentsOfDividendsCommonStock (14,591,000)us-gaap_PaymentsOfDividendsCommonStock
Distributions to noncontrolling interest partners (3,848,000)us-gaap_PaymentsOfDividendsMinorityInterest 0us-gaap_PaymentsOfDividendsMinorityInterest 0us-gaap_PaymentsOfDividendsMinorityInterest
Dividends paid on convertible preferred stock 0pky_DividendsPaidOnConvertiblePreferredStock 0pky_DividendsPaidOnConvertiblePreferredStock (1,011,000)pky_DividendsPaidOnConvertiblePreferredStock
Dividends paid on preferred stock 0us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock (3,433,000)us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock (13,553,000)us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock
Acquisition of noncontrolling interests (43,502,000)us-gaap_PaymentsToAcquireAdditionalInterestInSubsidiaries 0us-gaap_PaymentsToAcquireAdditionalInterestInSubsidiaries 0us-gaap_PaymentsToAcquireAdditionalInterestInSubsidiaries
Contributions from noncontrolling interest partners 4,175,000us-gaap_ProceedsFromPartnershipContribution 0us-gaap_ProceedsFromPartnershipContribution 17,447,000us-gaap_ProceedsFromPartnershipContribution
Distributions to noncontrolling interest partners (2,713,000)us-gaap_PaymentsToMinorityShareholders (113,178,000)us-gaap_PaymentsToMinorityShareholders (729,000)us-gaap_PaymentsToMinorityShareholders
Redemption of preferred stock 0us-gaap_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock (135,532,000)us-gaap_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock 0us-gaap_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
Proceeds from stock offerings, net of offering costs 417,684,000pky_Proceedsfrompaymentsforstockissuancenet 209,768,000pky_Proceedsfrompaymentsforstockissuancenet 371,251,000pky_Proceedsfrompaymentsforstockissuancenet
Cash provided by financing activities 416,748,000us-gaap_NetCashProvidedByUsedInFinancingActivities 58,624,000us-gaap_NetCashProvidedByUsedInFinancingActivities 533,645,000us-gaap_NetCashProvidedByUsedInFinancingActivities
Change in cash and cash equivalents 57,563,000us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (23,178,000)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 6,673,000us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of year 58,678,000us-gaap_CashAndCashEquivalentsAtCarryingValue 81,856,000us-gaap_CashAndCashEquivalentsAtCarryingValue 75,183,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of year 116,241,000us-gaap_CashAndCashEquivalentsAtCarryingValue 58,678,000us-gaap_CashAndCashEquivalentsAtCarryingValue 81,856,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental cash flow information:      
Interest paid, net of amount capitalized 71,339,000us-gaap_InterestPaidNet 43,334,000us-gaap_InterestPaidNet 36,378,000us-gaap_InterestPaidNet
Cash paid for income taxes 4,792,000us-gaap_IncomeTaxesPaid 56,000us-gaap_IncomeTaxesPaid 1,275,000us-gaap_IncomeTaxesPaid
Supplemental schedule of non-cash investing and financing activity:      
Assets acquired in TPGI merger 0us-gaap_FairValueOfAssetsAcquired 1,202,732,000us-gaap_FairValueOfAssetsAcquired 0us-gaap_FairValueOfAssetsAcquired
Liabilities assumed in TPGI merger 0us-gaap_LiabilitiesAssumed1 122,282,000us-gaap_LiabilitiesAssumed1 0us-gaap_LiabilitiesAssumed1
Noncontrolling interests acquired in TPGI merger 0pky_PurchaseOfNoncontrollingInterest 34,230,000pky_PurchaseOfNoncontrollingInterest 0pky_PurchaseOfNoncontrollingInterest
Shares issued in TPGI merger 0us-gaap_StockIssuedDuringPeriodValueAcquisitions 331,260,000us-gaap_StockIssuedDuringPeriodValueAcquisitions 0us-gaap_StockIssuedDuringPeriodValueAcquisitions
Issuance of limited voting stock in TPGI merger 0pky_LimitedVotingStockIssuedDuringPeriodValue 4,000pky_LimitedVotingStockIssuedDuringPeriodValue 0pky_LimitedVotingStockIssuedDuringPeriodValue
Acquisition of Lincoln Place 0us-gaap_NotesIssued1 68,430,000us-gaap_NotesIssued1 0us-gaap_NotesIssued1
Issuance of operating partnership units 1,546,000us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance 96,409,000us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance 18,216,000us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
Transfer of assets classified as held for sale 24,079,000us-gaap_TransferOfOtherRealEstate 16,260,000us-gaap_TransferOfOtherRealEstate 0us-gaap_TransferOfOtherRealEstate
Mortgage notes payable transferred to purchaser 0us-gaap_TransferMortgagePayable 0us-gaap_TransferMortgagePayable 254,095,000us-gaap_TransferMortgagePayable
Restricted shares and deferred incentive share units issued (forfeited) 0pky_StockIssuedDuringPeriodValueRestrictedStockAwardAndDeferredIncentiveShareUnitsNetOfForfeitures 0pky_StockIssuedDuringPeriodValueRestrictedStockAwardAndDeferredIncentiveShareUnitsNetOfForfeitures 1,105,000pky_StockIssuedDuringPeriodValueRestrictedStockAwardAndDeferredIncentiveShareUnitsNetOfForfeitures
Mortgage loans assumed in purchases 301,251,000us-gaap_LoansAssumed1 727,451,000us-gaap_LoansAssumed1 58,694,000us-gaap_LoansAssumed1
Operating partnership units converted to common stock 0us-gaap_ConversionOfStockAmountConverted1 4,302,000us-gaap_ConversionOfStockAmountConverted1 18,216,000us-gaap_ConversionOfStockAmountConverted1
San Jacinto Center and One Congress Plaza      
Supplemental schedule of non-cash investing and financing activity:      
Acquisitions 311,400,000us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
/ us-gaap_BusinessAcquisitionAxis
= pky_SanJacintoCenterandOneCongressPlazaMember
0us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
/ us-gaap_BusinessAcquisitionAxis
= pky_SanJacintoCenterandOneCongressPlazaMember
0us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
/ us-gaap_BusinessAcquisitionAxis
= pky_SanJacintoCenterandOneCongressPlazaMember
One Orlando Centre      
Supplemental schedule of non-cash investing and financing activity:      
Acquisitions $ 54,000,000us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
/ us-gaap_BusinessAcquisitionAxis
= pky_OneOrlandoCentreMember
$ 0us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
/ us-gaap_BusinessAcquisitionAxis
= pky_OneOrlandoCentreMember
$ 0us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
/ us-gaap_BusinessAcquisitionAxis
= pky_OneOrlandoCentreMember