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Intangible Assets and Below Market Lease Liabilities | 6 Months Ended
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Jun. 30, 2012
Finite-Lived Intangible Assets [Line Items] |
Intangible Assets and Below Market Lease Liabilities | Intangible Assets and Below Market Lease Liabilities The following table sets forth total intangible assets and acquisition-related below market lease liabilities, net of accumulated amortization:
| June 30, 2012 |  | December 31, 2011
Assets: |  |  |
Deferred financing costs | $ | 20,112 |  |  | $ | 18,044 |
Less accumulated amortization | (7,488 | ) |  | (5,797 | )
| 12,624 |  |  | 12,247 |
Deferred leasing costs (including lease incentives and acquisition-related intangible assets) | 177,140 |  |  | 172,049 |
Less accumulated amortization | (63,084 | ) |  | (56,522 | )
| 114,056 |  |  | 115,527 |
Deferred financing and leasing costs, net | $ | 126,680 |  |  | $ | 127,774 |
Liabilities (in accounts payable, accrued expenses and other liabilities): |  |  |
Acquisition-related below market lease liabilities | $ | 16,346 |  |  | $ | 16,441 |
Less accumulated amortization | (1,966 | ) |  | (971 | )
| $ | 14,380 |  |  | $ | 15,470 |
The following table sets forth amortization of intangible assets and acquisition-related below market lease liabilities:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2012 |  | 2011 |  | 2012 |  | 2011
Amortization of deferred financing costs | $ | 900 |  |  | $ | 821 |  |  | $ | 1,802 |  |  | $ | 1,642 |
Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization) | $ | 7,266 |  |  | $ | 4,401 |  |  | $ | 13,706 |  |  | $ | 8,757 |
Amortization of lease incentives (in rental and other revenues) | $ | 340 |  |  | $ | 303 |  |  | $ | 683 |  |  | $ | 641 |
Amortization of acquisition-related intangible assets (in rental and other revenues) | $ | 324 |  |  | $ | 191 |  |  | $ | 594 |  |  | $ | 377 |
Amortization of acquisition-related below market lease liabilities (in rental and other revenues) | $ | (553 | ) |  | $ | (25 | ) |  | $ | (1,097 | ) |  | $ | (50 | )
5. Intangible Assets and Below Market Lease Liabilities - Continued The following table sets forth scheduled future amortization of intangible assets and below market lease liabilities:
|  | Amortization of Deferred Financing Costs |  | Amortization of Deferred Leasing Costs and Acquisition-Related Intangible Assets (in Depreciation and Amortization) |  | Amortization of Lease Incentives (in Rental and Other Revenues) |  | Amortization of Acquisition-Related Intangible Assets (in Rental and Other Revenues) |  | Amortization of Acquisition-Related Below Market Lease Liabilities (in Rental and Other Revenues)
July 1, 2012 through December 31, 2012 |  | $ | 2,234 |  |  | $ | 14,242 |  |  | $ | 772 |  |  | $ | 579 |  |  | $ | (1,229 | )
2013 |  | 3,262 |  |  | 21,834 |  |  | 1,167 |  |  | 765 |  |  | (2,081 | )
2014 |  | 2,987 |  |  | 17,877 |  |  | 1,013 |  |  | 504 |  |  | (2,005 | )
2015 |  | 2,264 |  |  | 13,879 |  |  | 779 |  |  | 328 |  |  | (1,768 | )
2016 |  | 957 |  |  | 10,880 |  |  | 608 |  |  | 280 |  |  | (1,498 | )
Thereafter |  | 920 |  |  | 25,453 |  |  | 2,379 |  |  | 717 |  |  | (5,799 | )
|  | $ | 12,624 |  |  | $ | 104,165 |  |  | $ | 6,718 |  |  | $ | 3,173 |  |  | $ | (14,380 | )
The weighted average remaining amortization periods for deferred financing costs, deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization), lease incentives (in rental and other revenues), acquisition-related intangible assets (in rental and other revenues) and acquisition-related below market lease liabilities (in rental and other revenues) were 3.8 years, 6.2 years, 7.8 years, 5.7 years and 8.9 years, respectively, as of June 30, 2012. In connection with the acquisition of an office property in Cary, NC in the second quarter of 2012, we recorded $2.7 million of in-place lease intangible assets with a weighted average amortization period of 6.3 years at the date of the acquisition. The contractual rents of the in-place lease acquired were determined to be at market.
Highwoods Realty Limited Partnership [Member] |
Finite-Lived Intangible Assets [Line Items] |
Intangible Assets and Below Market Lease Liabilities | Intangible Assets and Below Market Lease Liabilities The following table sets forth total intangible assets and acquisition-related below market lease liabilities, net of accumulated amortization:
| June 30, 2012 |  | December 31, 2011
Assets: |  |  |
Deferred financing costs | $ | 20,112 |  |  | $ | 18,044 |
Less accumulated amortization | (7,488 | ) |  | (5,797 | )
| 12,624 |  |  | 12,247 |
Deferred leasing costs (including lease incentives and acquisition-related intangible assets) | 177,140 |  |  | 172,049 |
Less accumulated amortization | (63,084 | ) |  | (56,522 | )
| 114,056 |  |  | 115,527 |
Deferred financing and leasing costs, net | $ | 126,680 |  |  | $ | 127,774 |
Liabilities (in accounts payable, accrued expenses and other liabilities): |  |  |
Acquisition-related below market lease liabilities | $ | 16,346 |  |  | $ | 16,441 |
Less accumulated amortization | (1,966 | ) |  | (971 | )
| $ | 14,380 |  |  | $ | 15,470 |
The following table sets forth amortization of intangible assets and acquisition-related below market lease liabilities:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2012 |  | 2011 |  | 2012 |  | 2011
Amortization of deferred financing costs | $ | 900 |  |  | $ | 821 |  |  | $ | 1,802 |  |  | $ | 1,642 |
Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization) | $ | 7,266 |  |  | $ | 4,401 |  |  | $ | 13,706 |  |  | $ | 8,757 |
Amortization of lease incentives (in rental and other revenues) | $ | 340 |  |  | $ | 303 |  |  | $ | 683 |  |  | $ | 641 |
Amortization of acquisition-related intangible assets (in rental and other revenues) | $ | 324 |  |  | $ | 191 |  |  | $ | 594 |  |  | $ | 377 |
Amortization of acquisition-related below market lease liabilities (in rental and other revenues) | $ | (553 | ) |  | $ | (25 | ) |  | $ | (1,097 | ) |  | $ | (50 | )
5. Intangible Assets and Below Market Lease Liabilities - Continued The following table sets forth scheduled future amortization of intangible assets and below market lease liabilities:
|  | Amortization of Deferred Financing Costs |  | Amortization of Deferred Leasing Costs and Acquisition-Related Intangible Assets (in Depreciation and Amortization) |  | Amortization of Lease Incentives (in Rental and Other Revenues) |  | Amortization of Acquisition-Related Intangible Assets (in Rental and Other Revenues) |  | Amortization of Acquisition-Related Below Market Lease Liabilities (in Rental and Other Revenues)
July 1, 2012 through December 31, 2012 |  | $ | 2,234 |  |  | $ | 14,242 |  |  | $ | 772 |  |  | $ | 579 |  |  | $ | (1,229 | )
2013 |  | 3,262 |  |  | 21,834 |  |  | 1,167 |  |  | 765 |  |  | (2,081 | )
2014 |  | 2,987 |  |  | 17,877 |  |  | 1,013 |  |  | 504 |  |  | (2,005 | )
2015 |  | 2,264 |  |  | 13,879 |  |  | 779 |  |  | 328 |  |  | (1,768 | )
2016 |  | 957 |  |  | 10,880 |  |  | 608 |  |  | 280 |  |  | (1,498 | )
Thereafter |  | 920 |  |  | 25,453 |  |  | 2,379 |  |  | 717 |  |  | (5,799 | )
|  | $ | 12,624 |  |  | $ | 104,165 |  |  | $ | 6,718 |  |  | $ | 3,173 |  |  | $ | (14,380 | )
The weighted average remaining amortization periods for deferred financing costs, deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization), lease incentives (in rental and other revenues), acquisition-related intangible assets (in rental and other revenues) and acquisition-related below market lease liabilities (in rental and other revenues) were 3.8 years, 6.2 years, 7.8 years, 5.7 years and 8.9 years, respectively, as of June 30, 2012. In connection with the acquisition of an office property in Cary, NC in the second quarter of 2012, we recorded $2.7 million of in-place lease intangible assets with a weighted average amortization period of 6.3 years at the date of the acquisition. The contractual rents of the in-place lease acquired were determined to be at market.

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 44, 45, 46 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16323-109275 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16373-109275 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16265-109275 + Details
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