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Real Estate Assets Real Estate Assets (Tables)
12 Months Ended
Dec. 31, 2013
Pro Forma 2013 Acquisitions [Member]
 
Significant Acquisitions and Disposals [Line Items]  
Schedule of Purchase Price Allocation
The following table sets forth a summary of the fair value of the major assets acquired and liabilities assumed relating to the 2013 acquisitions in Orlando, FL and Nashville, TN and the 553,000 rentable square foot office property in Atlanta, GA discussed in the preceding paragraphs:
 
 
Total
Purchase Price Allocation
Real estate assets
$
445,396

Acquisition-related intangible assets (in deferred financing and leasing costs)
50,595

Mortgages and notes payable
(127,891
)
Acquisition-related below market lease liabilities (in accounts payable, accrued expenses and other liabilities)
(17,818
)
Total allocation
$
350,282

Business Acquisition, Pro Forma Information
The following table sets forth our rental and other revenues and net income, adjusted for interest expense and depreciation and amortization related to purchase price allocations, acquisition costs and equity in earnings of unconsolidated affiliates previously recognized as income assuming the Orlando, FL, Nashville, TN and Atlanta, GA acquisitions discussed in the preceding paragraph had been completed as of January 1, 2012:
 
 
Year Ended December 31,
 
2013
 
2012
 
(unaudited)
Pro forma rental and other revenues
$
593,778

 
$
541,092

Pro forma net income
$
121,754

 
$
69,111

Pro forma earnings per share - basic
$
1.33

 
$
0.82

Pro forma earnings per share - diluted
$
1.33

 
$
0.83

Pro Forma 2012 Acquisitions [Member]
 
Significant Acquisitions and Disposals [Line Items]  
Schedule of Purchase Price Allocation
The following table sets forth a summary of the fair value of the major assets acquired and liabilities assumed relating to the acquisition of the 492,000 rentable square foot office building in Atlanta, GA discussed in the preceding paragraph:
 
 
Total
Purchase Price Allocation
Real estate assets
$
135,128

Acquisition-related intangible assets (in deferred financing and leasing costs)
21,637

Acquisition-related below market lease liabilities (in accounts payable, accrued expenses and other liabilities)
(11,875
)
Total allocation
$
144,890

Business Acquisition, Pro Forma Information
he following table sets forth our rental and other revenues and net income, adjusted for interest expense and depreciation and amortization related to purchase price allocations and acquisition costs, assuming the 492,000 rentable square foot office building in Atlanta, GA discussed in the preceding paragraphs had been acquired on January 1, 2011:
 
 
Year Ended December 31,
 
2012
 
2011
 
(unaudited)
Pro forma rental and other revenues
$
499,557

 
$
448,420

Pro forma net income
$
84,135

 
$
44,817

Pro forma earnings per share - basic
$
1.02

 
$
0.49

Pro forma earnings per share - diluted
$
1.01

 
$
0.49

Pro Forma 2011 Acquisitions [Member]
 
Significant Acquisitions and Disposals [Line Items]  
Schedule of Purchase Price Allocation
The following table sets forth a summary of the fair value of the major assets acquired and liabilities assumed relating to the acquisitions discussed in the preceding paragraph:
 
 
Total
Purchase Price Allocation
Real estate assets
$
241,602

Acquisition-related intangible assets (in deferred financing and leasing costs)
39,721

Furniture, fixtures and equipment (in prepaid expenses and other assets)
1,101

Acquisition-related below market lease liabilities (in accounts payable, accrued expenses and other liabilities)
(15,627
)
Total allocation
$
266,797

Business Acquisition, Pro Forma Information
The following table sets forth our rental and other revenues and net income, adjusted for interest expense and depreciation and amortization related to purchase price allocations and acquisition costs, assuming the 1.54 million rentable square foot office complex in Pittsburgh, PA and the 503,000 rentable square foot office building in Atlanta, GA discussed in the preceding paragraph had been acquired on January 1, 2011:
 
 
Year Ended December 31, 2011
 
(unaudited)
Pro forma rental and other revenues
$
473,584

Pro forma net income
$
45,674

Pro forma earnings per share - basic
$
0.50

Pro forma earnings per share - diluted
$
0.50