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Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2021
Segment Reporting [Abstract] |
Reconciliation of Revenue from Segments to Consolidated | The following tables summarize the rental and other revenues and net operating income, the primary industry property-level performance metric used by our chief operating decision maker and which is defined as rental and other revenues less rental property and other expenses, for each of our reportable segments.
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Rental and Other Revenues: |  |  |  |  |  |  |
Office: |  |  |  |  |  |  |
Atlanta | $ | 36,672 |  |  | $ | 36,022 |  |  | $ | 108,385 |  |  | $ | 110,518 |
Charlotte | 14,313 |  |  | 8,858 |  |  | 32,364 |  |  | 26,801 |
Nashville | 36,136 |  |  | 34,661 |  |  | 106,873 |  |  | 103,780 |
Orlando | 12,852 |  |  | 11,518 |  |  | 38,141 |  |  | 36,844 |
Pittsburgh | 14,220 |  |  | 14,430 |  |  | 42,787 |  |  | 44,054 |
Raleigh | 42,471 |  |  | 32,037 |  |  | 117,168 |  |  | 95,792 |
Richmond | 12,050 |  |  | 11,878 |  |  | 35,263 |  |  | 35,972 |
Tampa | 23,856 |  |  | 24,575 |  |  | 74,166 |  |  | 75,177 |
Total Office Segment | 192,570 |  |  | 173,979 |  |  | 555,147 |  |  | 528,938 |
Other | 2,925 |  |  | 7,064 |  |  | 9,655 |  |  | 28,058 |
Total Rental and Other Revenues | $ | 195,495 |  |  | $ | 181,043 |  |  | $ | 564,802 |  |  | $ | 556,996 |
Reconciliation of Operating Profit (Loss) from Segments to Consolidated |
Net Operating Income: |  |  |  |  |  |  |
Office: |  |  |  |  |  |  |
Atlanta | $ | 24,157 |  |  | $ | 23,303 |  |  | $ | 71,779 |  |  | $ | 72,387 |
Charlotte | 11,159 |  |  | 6,973 |  |  | 25,446 |  |  | 21,298 |
Nashville | 27,355 |  |  | 25,022 |  |  | 78,172 |  |  | 74,907 |
Orlando | 7,920 |  |  | 6,505 |  |  | 23,414 |  |  | 22,260 |
Pittsburgh | 8,291 |  |  | 8,934 |  |  | 25,591 |  |  | 26,954 |
Raleigh | 31,425 |  |  | 24,037 |  |  | 88,005 |  |  | 71,670 |
Richmond | 7,805 |  |  | 8,204 |  |  | 24,092 |  |  | 25,403 |
Tampa | 15,143 |  |  | 16,829 |  |  | 49,640 |  |  | 51,025 |
Total Office Segment | 133,255 |  |  | 119,807 |  |  | 386,139 |  |  | 365,904 |
Other | 1,673 |  |  | 4,344 |  |  | 5,681 |  |  | 16,879 |
Total Net Operating Income | 134,928 |  |  | 124,151 |  |  | 391,820 |  |  | 382,783 |
Reconciliation to net income: |  |  |  |  |  |  |
Depreciation and amortization | (66,547) |  |  | (60,303) |  |  | (189,423) |  |  | (180,914) |
Impairments of real estate assets | — |  |  | — |  |  | — |  |  | (1,778) |
General and administrative expenses | (10,350) |  |  | (9,155) |  |  | (30,409) |  |  | (30,169) |
Interest expense | (21,986) |  |  | (19,886) |  |  | (60,755) |  |  | (61,003) |
Other income/(loss) | 424 |  |  | (3,311) |  |  | 1,068 |  |  | (2,654) |
Gains on disposition of property | 38,572 |  |  | 10,012 |  |  | 80,371 |  |  | 163,397 |
Equity in earnings of unconsolidated affiliates | 546 |  |  | 823 |  |  | 1,614 |  |  | 2,965 |
Net income | $ | 75,587 |  |  | $ | 42,331 |  |  | $ | 194,286 |  |  | $ | 272,627 |
Reconciliation of Assets from Segment to Consolidated |
| September 30, 2021 |  | December 31, 2020
Total Assets: |  |  |
Office: |  |  |
Atlanta | $ | 999,319 |  |  | $ | 1,011,807 |
Charlotte | 775,852 |  |  | 443,051 |
Nashville | 1,264,025 |  |  | 1,191,219 |
Orlando | 284,361 |  |  | 289,129 |
Pittsburgh | 312,304 |  |  | 313,783 |
Raleigh | 1,276,356 |  |  | 839,831 |
Richmond | 211,263 |  |  | 240,976 |
Tampa | 533,400 |  |  | 556,951 |
Total Office Segment | 5,656,880 |  |  | 4,886,747 |
Other | 97,192 |  |  | 322,670 |
Total Assets | $ | 5,754,072 |  |  | $ | 5,209,417 |

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