XML 89 R68.htm IDEA: XBRL DOCUMENT v3.6.0.2
Earnings Per Share and Per Unit (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Earnings per Common Share/Unit - basic: [Abstract]                      
Income from continuing operations $ 27,036 $ 33,840 $ 33,528 $ 28,142 $ 19,028 $ 27,352 $ 22,221 $ 16,920 $ 122,546 $ 85,521 $ 96,987
Net (income) attributable to noncontrolling interests in the Operating Partnership from continuing operations                 (3,331) (2,443) (2,945)
Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations (312) (319) (314) (308) (316) (324) (328) (296) (1,253) (1,264) (1,466)
Dividends on Preferred Stock (624) (624) (627) (626) (627) (626) (626) (627) (2,501) (2,506) (2,507)
Income from continuing operations available for common stockholders                 115,461 79,308 90,069
Income from discontinued operations 0 [1] 0 [1] 0 [1] 418,593 [1] 2,889 4,265 4,670 3,915 418,593 [1] 15,739 18,985
Net (income) attributable to noncontrolling interests in the Operating Partnership from discontinued operations                 (12,265) (475) (597)
Income from discontinued operations available for common stockholders                 406,328 15,264 18,388
Net income available for common stockholders $ 25,380 $ 31,971 $ 31,648 $ 432,790 $ 20,352 $ 29,749 $ 25,155 $ 19,316 $ 521,789 $ 94,572 $ 108,457
Denominator:                      
Denominator for basic earnings per Common Share - weighted average shares (in shares)                 98,439 94,404 90,743
Earnings per Common Share - basic:                      
Income from continuing operations available for common stockholders (in dollars per share) $ 0.25 $ 0.32 $ 0.32 $ 0.27 $ 0.18 $ 0.27 $ 0.22 $ 0.17 $ 1.17 $ 0.84 $ 1.00
Income from discontinued operations available for common stockholders (in dollars per share) 0.00 0.00 0.00 4.22 0.03 0.04 0.05 0.04 4.13 0.16 0.20
Net income available for common stockholders (in dollars per share) $ 0.25 $ 0.32 $ 0.32 $ 4.49 $ 0.21 $ 0.31 $ 0.27 $ 0.21 $ 5.30 $ 1.00 $ 1.20
Earnings per Common Share/Unit - diluted: [Abstract]                      
Income from continuing operations $ 27,036 $ 33,840 $ 33,528 $ 28,142 $ 19,028 $ 27,352 $ 22,221 $ 16,920 $ 122,546 $ 85,521 $ 96,987
Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations (312) (319) (314) (308) (316) (324) (328) (296) (1,253) (1,264) (1,466)
Dividends on Preferred Stock (624) (624) (627) (626) (627) (626) (626) (627) (2,501) (2,506) (2,507)
Income from continuing operations available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership                 118,792 81,751 93,014
Income from discontinued operations $ 0 [1] $ 0 [1] $ 0 [1] $ 418,593 [1] $ 2,889 $ 4,265 $ 4,670 $ 3,915 418,593 [1] 15,739 18,985
Net income available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership                 $ 537,385 $ 97,490 $ 111,999
Denominator:                      
Denominator for basic earnings per Common Share - weighted average shares (in shares)                 98,439 94,404 90,743
Stock options using the treasury method                 87 87 119
Noncontrolling interests Common Units                 2,872 2,915 2,938
Denominator for diluted earnings per Common Share - adjusted weighted average shares and assumed conversions (in shares) [2]                 101,398 97,406 93,800
Earnings per Common Share - diluted:                      
Income from continuing operations available for common stockholders (in dollars per share) $ 0.25 $ 0.32 $ 0.32 $ 0.27 $ 0.18 $ 0.27 $ 0.22 $ 0.17 $ 1.17 $ 0.84 $ 0.99
Income from discontinued operations available for common stockholders (in dollars per share) 0.00 0.00 0.00 4.22 0.03 0.04 0.05 0.04 4.13 0.16 0.20
Net income available for common stockholders (in dollars per share) $ 0.25 $ 0.32 $ 0.32 $ 4.49 $ 0.21 $ 0.31 $ 0.27 $ 0.21 $ 5.30 $ 1.00 $ 1.19
Highwoods Realty Limited Partnership [Member]                      
Earnings per Common Share/Unit - basic: [Abstract]                      
Income from continuing operations $ 27,036 $ 33,840 $ 33,528 $ 28,142 $ 19,028 $ 27,352 $ 22,221 $ 16,920 $ 122,546 $ 85,521 $ 96,987
Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations (312) (319) (314) (308) (316) (324) (328) (296) (1,253) (1,264) (1,466)
Distributions on Preferred Units (624) (624) (627) (626) (627) (626) (626) (627) (2,501) (2,506) (2,507)
Income from continuing operations available for common unitholders                 118,792 81,751 93,014
Income from discontinued operations available for common unitholders 0 [1] 0 [1] 0 [1] 418,593 [1] 2,889 4,265 4,670 3,915 418,593 [1] 15,739 18,985
Net income available for common unitholders $ 26,100 $ 32,897 $ 32,587 $ 445,801 $ 20,974 $ 30,667 $ 25,937 $ 19,912 $ 537,385 $ 97,490 $ 111,999
Denominator:                      
Denominator for basic earnings per Common Unit - weighted average units (in shares)                 100,902 96,910 93,272
Earnings per Common Unit - basic:                      
Income from continuing operations available for common unitholders (in dollars per share) $ 0.25 $ 0.32 $ 0.33 $ 0.28 $ 0.18 $ 0.27 $ 0.22 $ 0.17 $ 1.18 $ 0.84 $ 1.00
Income from discontinued operations available for common unitholders (in dollars per share) 0.00 0.00 0.00 4.23 0.03 0.05 0.05 0.04 4.15 0.17 0.20
Net income available for common unitholders (in dollars per share) $ 0.25 $ 0.32 $ 0.33 $ 4.51 $ 0.21 $ 0.32 $ 0.27 $ 0.21 $ 5.33 $ 1.01 $ 1.20
Earnings per Common Share/Unit - diluted: [Abstract]                      
Income from continuing operations $ 27,036 $ 33,840 $ 33,528 $ 28,142 $ 19,028 $ 27,352 $ 22,221 $ 16,920 $ 122,546 $ 85,521 $ 96,987
Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations (312) (319) (314) (308) (316) (324) (328) (296) (1,253) (1,264) (1,466)
Distributions on Preferred Units (624) (624) (627) (626) (627) (626) (626) (627) (2,501) (2,506) (2,507)
Income from continuing operations available for common unitholders                 118,792 81,751 93,014
Income from discontinued operations available for common unitholders 0 [1] 0 [1] 0 [1] 418,593 [1] 2,889 4,265 4,670 3,915 418,593 [1] 15,739 18,985
Net income available for common unitholders $ 26,100 $ 32,897 $ 32,587 $ 445,801 $ 20,974 $ 30,667 $ 25,937 $ 19,912 $ 537,385 $ 97,490 $ 111,999
Denominator:                      
Denominator for basic earnings per Common Unit - weighted average units (in shares)                 100,902 96,910 93,272
Stock options using the treasury method                 87 87 119
Denominator for diluted earnings per Common Unit - adjusted weighted average units and assumed conversions (in shares) [3]                 100,989 96,997 93,391
Earnings per Common Unit - diluted:                      
Income from continuing operations available for common unitholders (in dollars per share) $ 0.25 $ 0.32 $ 0.33 $ 0.28 $ 0.18 $ 0.27 $ 0.22 $ 0.17 $ 1.18 $ 0.84 $ 1.00
Income from discontinued operations available for common unitholders (in dollars per share) 0.00 0.00 0.00 4.23 0.03 0.05 0.05 0.04 4.14 0.17 0.20
Net income available for common unitholders (in dollars per share) $ 0.25 $ 0.32 $ 0.33 $ 4.51 $ 0.21 $ 0.32 $ 0.27 $ 0.21 $ 5.32 $ 1.01 $ 1.20
[1] See Note 2 for a discussion regarding the sales of the Plaza assets.
[2] Includes all unvested restricted stock where dividends on such restricted stock are non-forfeitable.
[3] Includes all unvested restricted stock where distributions on such restricted stock are non-forfeitable.