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HRLP - Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Rental and other revenues $ 212,752 $ 206,378
Operating expenses:    
Rental property and other expenses 65,731 61,422
Depreciation and amortization 70,633 69,667
General and administrative 12,415 13,556
Total operating expenses 148,779 144,645
Interest expense 33,098 24,393
Other income 1,147 363
Gains on disposition of property 450 4,100
Gain on deconsolidation of affiliate 11,778 0
Equity in earnings of unconsolidated affiliates 704 300
Net income 44,954 42,103
Net (income)/loss attributable to noncontrolling interests in consolidated affiliates 487 (257)
Highwoods Realty Limited Partnership    
Rental and other revenues 212,752 206,378
Operating expenses:    
Rental property and other expenses 65,731 61,422
Depreciation and amortization 70,633 69,667
General and administrative 12,415 13,556
Total operating expenses 148,779 144,645
Interest expense 33,098 24,393
Other income 1,147 363
Gains on disposition of property 450 4,100
Gain on deconsolidation of affiliate 11,778 0
Equity in earnings of unconsolidated affiliates 704 300
Net income 44,954 42,103
Net (income)/loss attributable to noncontrolling interests in consolidated affiliates 487 (257)
Distributions on Preferred Units (621) (621)
Net income available for common unitholders $ 44,820 $ 41,225
Earnings per Common Unit - basic:    
Net income available for common unitholders (in dollars per share) $ 0.42 $ 0.39
Weighted average Common Units outstanding - basic (in shares) 107,237 107,029
Earnings per Common Unit - diluted:    
Net income available for common unitholders (in dollars per share) $ 0.42 $ 0.39
Weighted average Common Units outstanding - diluted (in shares) 107,237 107,044