Net Income (Loss) Per Common Share (Tables)

6 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Computation of diluted earnings per share

The computation of diluted EPS is as follows (in thousands, except per share data):

	Three Months Ended June 30,					Six Months Ended June 30,
	2015		2014			2015		2014
Numerator:
Basic net income (loss) attributable to common stockholders	$	14,132	$	(9,845	)	$	21,407	$	1,000
Effect of net income (loss) attributable to noncontrolling interests - unit holders	607		(571		)	955		(7		)
Diluted net income (loss) attributable to common stockholders	$	14,739	$	(10,416	)	$	22,362	$	993
Denominator:
Basic weighted average shares outstanding	111,543		99,092			111,381		98,219
Effect of Operating Partnership units	4,833		—			4,973		5,200
Effect of RSUs	198		—			194		138
Effect of restricted shares	5		—			5		13
Effect of deferred incentive share units	4		—			5		10
Effect of LTIP units	83		—			80		39
Diluted adjusted weighted average shares outstanding	116,666		99,092			116,638		103,619
Basic and diluted net income (loss) per share attributable to Parkway Properties, Inc.	$	0.13	$	(0.10	)	$	0.19	$	0.01