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Real Estate Assets Real Estate Assets (Tables) | 9 Months Ended
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Sep. 30, 2012
Significant Acquisitions and Disposals [Line Items] |
Schedule of purchase price allocation, table | The following table sets forth a summary of the assets acquired and liabilities assumed in the acquisition of the office property in Atlanta, GA discussed above:
| Total Purchase Price Allocation
Real estate assets | $ | 135,128 |
Acquisition-related intangible assets (in deferred financing and leasing costs) | 21,637 |
Acquisition-related below market lease liabilities (in accounts payable, accrued expenses and other liabilities) | (11,875 | )
Total allocation | $ | 144,890 |
Schedule of business acquisitions, pro forma, table | The following table sets forth our rental and other revenues and net income, adjusted for interest expense and depreciation and amortization related to purchase price allocations and acquisition costs assuming: (1) the 492,000 square foot office building in Atlanta, GA was acquired on January 1, 2011, with proforma adjustments being included in the three and nine months ended September 30, 2012 and 2011 and (2) the office complex in Pittsburgh, PA and the 503,000 square foot office building in Atlanta, GA were acquired on January 1, 2010, with proforma adjustments being included in the three and nine months ended September 30, 2011.
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2012 |  | 2011 |  | 2012 |  | 2011
Proforma rental and other revenues | $ | 132,632 |  |  | $ | 132,269 |  |  | $ | 395,161 |  |  | $ | 385,246 |
Proforma net income | $ | 35,765 |  |  | $ | 7,626 |  |  | $ | 68,526 |  |  | $ | 33,268 |
Proforma earnings per share - basic | $ | 0.43 |  |  | $ | 0.09 |  |  | $ | 0.84 |  |  | $ | 0.35 |
Proforma earnings per share - diluted | $ | 0.43 |  |  | $ | 0.09 |  |  | $ | 0.84 |  |  | $ | 0.35 |
Highwoods Realty Limited Partnership [Member] |
Significant Acquisitions and Disposals [Line Items] |
Schedule of purchase price allocation, table | The following table sets forth a summary of the assets acquired and liabilities assumed in the acquisition of the office property in Atlanta, GA discussed above:
| Total Purchase Price Allocation
Real estate assets | $ | 135,128 |
Acquisition-related intangible assets (in deferred financing and leasing costs) | 21,637 |
Acquisition-related below market lease liabilities (in accounts payable, accrued expenses and other liabilities) | (11,875 | )
Total allocation | $ | 144,890 |
Schedule of business acquisitions, pro forma, table | During the third quarter of 2011, we acquired a six-building, 1,540,000 square foot office complex in Pittsburgh, PA and a 503,000 square foot office building in Atlanta, GA for a purchase price of $188.5 million and $78.3 million, respectively. The following table sets forth our rental and other revenues and net income, adjusted for interest expense and depreciation and amortization related to purchase price allocations and acquisition costs assuming: (1) the 492,000 square foot office building in Atlanta, GA was acquired on January 1, 2011, with proforma adjustments being included in the three and nine months ended September 30, 2012 and 2011 and (2) the office complex in Pittsburgh, PA and the 503,000 square foot office building in Atlanta, GA were acquired on January 1, 2010, with proforma adjustments being included in the three and nine months ended September 30, 2011.
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2012 |  | 2011 |  | 2012 |  | 2011
Proforma rental and other revenues | $ | 132,632 |  |  | $ | 132,269 |  |  | $ | 395,161 |  |  | $ | 385,246 |
Proforma net income | $ | 35,769 |  |  | $ | 7,626 |  |  | $ | 68,535 |  |  | $ | 33,280 |
Proforma earnings per share - basic | $ | 0.44 |  |  | $ | 0.09 |  |  | $ | 0.85 |  |  | $ | 0.36 |
Proforma earnings per share - diluted | $ | 0.44 |  |  | $ | 0.09 |  |  | $ | 0.85 |  |  | $ | 0.36 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 54 -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 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 55 -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 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph 68 -Subparagraph r(2, 3) -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. + Details
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- Definition Tabular disclosure of all of the fair values of the purchase price and assets and liabilities acquired in a business combination. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e6927-128479 + Details
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