XML 20 R4.htm IDEA: XBRL DOCUMENT v3.24.2
HRLP - Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Real estate assets, at cost:    
Land $ 533,361 $ 540,050
Buildings and tenant improvements 5,940,252 5,960,895
Development in-process 0 8,918
Land held for development 222,157 227,058
Total real estate assets 6,695,770 6,736,921
Less-accumulated depreciation (1,795,361) (1,743,390)
Net real estate assets 4,900,409 4,993,531
Real estate and other assets, net, held for sale 3,875 0
Cash and cash equivalents 27,003 25,123
Restricted cash 9,802 6,446
Accounts receivable 30,432 28,094
Mortgages and notes receivable 10,993 4,795
Accrued straight-line rents receivable 313,721 310,649
Investments in and advances to unconsolidated affiliates 378,761 343,241
Deferred leasing costs, net of accumulated amortization of $183,154 and $175,697, respectively 217,773 225,924
Prepaid expenses and other assets, net of accumulated depreciation of $18,566 and $22,142, respectively 78,704 65,125
Total Assets 5,971,473 6,002,928
Liabilities, Redeemable Operating Partnership Units and Capital:    
Mortgages and notes payable, net 3,191,429 3,213,206
Accounts payable, accrued expenses and other liabilities 304,733 302,180
Total Liabilities 3,496,162 3,515,386
Commitments and contingencies
Capital:    
Accumulated other comprehensive loss (2,121) (1,997)
Noncontrolling interests in consolidated affiliates 4,618 4,725
Total Equity/Capital 2,418,793 2,438,022
Total Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Total Liabilities, Redeemable Operating Partnership Units and Capital 5,971,473 6,002,928
Highwoods Realty Limited Partnership    
Real estate assets, at cost:    
Land 533,361 540,050
Buildings and tenant improvements 5,940,252 5,960,895
Development in-process 0 8,918
Land held for development 222,157 227,058
Total real estate assets 6,695,770 6,736,921
Less-accumulated depreciation (1,795,361) (1,743,390)
Net real estate assets 4,900,409 4,993,531
Real estate and other assets, net, held for sale 3,875 0
Cash and cash equivalents 27,003 25,123
Restricted cash 9,802 6,446
Accounts receivable 30,432 28,094
Mortgages and notes receivable 10,993 4,795
Accrued straight-line rents receivable 313,721 310,649
Investments in and advances to unconsolidated affiliates 378,761 343,241
Deferred leasing costs, net of accumulated amortization of $183,154 and $175,697, respectively 217,773 225,924
Prepaid expenses and other assets, net of accumulated depreciation of $18,566 and $22,142, respectively 78,704 65,125
Total Assets 5,971,473 6,002,928
Liabilities, Redeemable Operating Partnership Units and Capital:    
Mortgages and notes payable, net 3,191,429 3,213,206
Accounts payable, accrued expenses and other liabilities 304,733 302,180
Total Liabilities 3,496,162 3,515,386
Commitments and contingencies
Redeemable Operating Partnership Units:    
Common Units, 2,151,423 and 2,156,808 outstanding, respectively 56,518 49,520
Series A Preferred Units (liquidation preference $1,000 per unit), 28,811 units issued and outstanding 28,811 28,811
Total Redeemable Operating Partnership Units 85,329 78,331
Capital:    
General partner Common Units, 1,077,529 and 1,074,583 outstanding, respectively 23,875 24,064
Limited partner Common Units, 104,523,924 and 104,226,923 outstanding, respectively 2,363,610 2,382,419
Accumulated other comprehensive loss (2,121) (1,997)
Noncontrolling interests in consolidated affiliates 4,618 4,725
Total Equity/Capital 2,389,982 2,409,211
Total Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Total Liabilities, Redeemable Operating Partnership Units and Capital $ 5,971,473 $ 6,002,928