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Subsequent Events
3 Months Ended
Mar. 31, 2015
Subsequent Events [Abstract]  
Subsequent Events
Subsequent Events

Summary of Pending Dispositions

On March 11, 2015, the Company entered into a purchase and sale agreement to sell Peachtree Dunwoody located in Atlanta, Georgia for a gross sale price of $52.5 million. The Company expects to close the sale during the second quarter of 2015, subject to customary closing conditions. Peachtree Dunwoody did not meet held for sale criteria as of March 31, 2015.

On March 24, 2015, the Company entered into a purchase and sale agreement to sell 400 North Belt located in Houston, Texas for a gross sale price of $10.2 million. The Company expects to close the sale during the second quarter of 2015, subject to customary closing conditions. 400 North Belt did not meet held for sale criteria as of March 31, 2015.

Capital and Financing Transactions

On April 3, 2015, the Company paid in full the $68.0 million Teachers Insurance and Annuity Associations mortgage debt secured by Hillsboro I-V, Peachtree Dunwoody, One Commerce Green and the Comerica Bank Building and incurred a $3.0 million prepayment fee as part of the repayments.
    
On April 6, 2015, the Company paid in full the $32.0 million first mortgage secured by 3350 Peachtree and incurred a $320,000 prepayment fee as part of the repayment.