Net Income (Loss) Per Common Share (Tables)

9 Months Ended

Sep. 30, 2015

Earnings Per Share [Abstract]

Schedule of computation of diluted EPS

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

	Three Months Ended September 30,					Nine Months Ended September 30,
	2015		2014			2015		2014
Numerator:
Basic net income (loss) attributable to common stockholders	$	37,251	$	(485	)	$	58,658	$	515
Effect of net income (loss) attributable to noncontrolling interests - unit holders	1,617		—			2,572		(58		)
Diluted net income (loss) attributable to common stockholders	$	38,868	$	(485	)	$	61,230	$	457
Denominator:
Basic weighted average shares outstanding	111,583		100,016			111,449		98,825
Effect of Operating Partnership units	4,833		—			4,926		5,200
Effect of RSUs	216		—			201		168
Effect of restricted shares	5		—			5		13
Effect of deferred incentive share units	1		—			3		11
Effect of LTIP units	85		—			83		—
Diluted adjusted weighted average shares outstanding	116,723		100,016			116,667		104,217
Basic net income (loss) per share attributable to Parkway Properties, Inc.	$	0.33	$	—		$	0.53	$	0.01
Diluted net income (loss) per share attributable to Parkway Properties, Inc.	$	0.33	$	—		$	0.52	$	—