Net Income Per Common Share (Tables)

3 Months Ended

Mar. 31, 2016

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 March 31,
	2016		2015
Numerator:
Basic net income attributable to common stockholders	$	61,393	$	7,275
Effect of net income attributable to noncontrolling interests - unit holders	2,655		348
Diluted net income attributable to common stockholders	$	64,048	$	7,623
Denominator:
Basic weighted average shares outstanding	111,658		111,216
Effect of Operating Partnership units	4,833		5,114
Effect of RSUs	196		189
Effect of restricted shares	—		6
Effect of deferred incentive share units	—		6
Diluted adjusted weighted average shares outstanding	116,687		116,531
Basic net income per common share attributable to Parkway Properties, Inc.	$	0.55	$	0.07
Diluted net income per common share attributable to Parkway Properties, Inc.	$	0.55	$	0.07