XML 53 R37.htm IDEA: XBRL DOCUMENT v3.25.2
Earnings Per Share and Per Unit (Tables)
6 Months Ended
Jun. 30, 2025
Earnings Per Share and Per Unit Basic and Diluted [Line Items]  
Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share of the Company:

Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
Earnings per Common Share - basic:
Numerator:
Net income$19,221 $64,770 $119,221 $91,983 
Net (income) attributable to noncontrolling interests in the Operating Partnership
(365)(1,281)(2,321)(1,814)
Net loss attributable to noncontrolling interests in consolidated affiliates — 26 
Dividends on Preferred Stock(586)(621)(1,207)(1,242)
Net income available for common stockholders$18,270 $62,870 $115,719 $88,934 
Denominator:
Denominator for basic earnings per Common Share – weighted average shares (1)
107,825 105,996 107,754 105,900 
Net income available for common stockholders$0.17 $0.59 $1.07 $0.84 
Earnings per Common Share - diluted:
Numerator:
Net income$19,221 $64,770 $119,221 $91,983 
Net loss attributable to noncontrolling interests in consolidated affiliates— 26 
Dividends on Preferred Stock(586)(621)(1,207)(1,242)
Net income available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership
$18,635 $64,151 $118,040 $90,748 
Denominator:
Denominator for basic earnings per Common Share – weighted average shares (1)
107,825 105,996 107,754 105,900 
Add:
Noncontrolling interests Common Units2,151 2,151 2,151 2,153 
Denominator for diluted earnings per Common Share – adjusted weighted average shares and assumed conversions
109,976 108,147 109,905 108,053 
Net income available for common stockholders$0.17 $0.59 $1.07 $0.84 
__________
(1)Includes all unvested restricted stock where dividends on such restricted stock are non-forfeitable.
Highwoods Realty Limited Partnership  
Earnings Per Share and Per Unit Basic and Diluted [Line Items]  
Earnings Per Unit
The following table sets forth the computation of basic and diluted earnings per unit of the Operating Partnership:

Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
Earnings per Common Unit - basic:
Numerator:
Net income$19,221 $64,770 $119,221 $91,983 
Net loss attributable to noncontrolling interests in consolidated affiliates— 26 
Distributions on Preferred Units(586)(621)(1,207)(1,242)
Net income available for common unitholders$18,635 $64,151 $118,040 $90,748 
Denominator:
Denominator for basic earnings per Common Unit – weighted average units (1)
109,567 107,738 109,496 107,644 
Net income available for common unitholders$0.17 $0.60 $1.08 $0.84 
Earnings per Common Unit - diluted:
Numerator:
Net income$19,221 $64,770 $119,221 $91,983 
Net loss attributable to noncontrolling interests in consolidated affiliates— 26 
Distributions on Preferred Units(586)(621)(1,207)(1,242)
Net income available for common unitholders$18,635 $64,151 $118,040 $90,748 
Denominator:
Denominator for basic earnings per Common Unit – weighted average units (1)
109,567 107,738 109,496 107,644 
Net income available for common unitholders$0.17 $0.60 $1.08 $0.84 
__________
(1)Includes all unvested restricted stock where distributions on such restricted stock are non-forfeitable.