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Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2023
Segment Reporting [Abstract] |
Segment Information | The following tables summarize rental and other revenues, net operating income and total assets for our office properties. Net operating income is the primary industry property-level performance metric used by our chief operating decision maker and is defined as rental and other revenues less rental property and other expenses.
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
Rental and Other Revenues: |  |  |  |  |
Atlanta | $ | 143,741 |  |  | $ | 143,904 |  |  | $ | 143,612 |
Charlotte | 85,984 |  |  | 73,721 |  |  | 49,347 |
Nashville | 171,797 |  |  | 174,341 |  |  | 149,674 |
Orlando | 58,002 |  |  | 54,802 |  |  | 51,281 |
Raleigh | 181,964 |  |  | 182,990 |  |  | 162,115 |
Richmond | 35,918 |  |  | 43,084 |  |  | 45,941 |
Tampa | 99,421 |  |  | 94,726 |  |  | 97,954 |
Total Office Segment | 776,827 |  |  | 767,568 |  |  | 699,924 |
Other | 57,170 |  |  | 61,361 |  |  | 68,083 |
Total Rental and Other Revenues | $ | 833,997 |  |  | $ | 828,929 |  |  | $ | 768,007 |
Net Operating Income: |  |  |  |  |
Atlanta | $ | 89,700 |  |  | $ | 92,297 |  |  | $ | 94,122 |
Charlotte | 63,921 |  |  | 55,689 |  |  | 38,464 |
Nashville | 125,417 |  |  | 129,217 |  |  | 110,039 |
Orlando | 35,162 |  |  | 32,331 |  |  | 31,301 |
Raleigh | 132,262 |  |  | 134,904 |  |  | 121,005 |
Richmond | 24,756 |  |  | 28,879 |  |  | 31,726 |
Tampa | 62,382 |  |  | 59,691 |  |  | 64,396 |
Total Office Segment | 533,600 |  |  | 533,008 |  |  | 491,053 |
Other | 31,615 |  |  | 36,115 |  |  | 40,518 |
Total Net Operating Income | 565,215 |  |  | 569,123 |  |  | 531,571 |
Reconciliation to net income: |  |  |  |  |
Depreciation and amortization | (299,411) |  |  | (287,610) |  |  | (259,255) |
Impairments of real estate assets | — |  |  | (36,515) |  |  | — |
General and administrative expenses | (42,857) |  |  | (42,266) |  |  | (40,553) |
Interest expense | (136,710) |  |  | (105,385) |  |  | (85,853) |
Other income | 4,435 |  |  | 1,530 |  |  | 1,394 |
Gains on disposition of property | 47,773 |  |  | 63,546 |  |  | 174,059 |
Gain on deconsolidation of affiliate | 11,778 |  |  | — |  |  | — |
Equity in earnings of unconsolidated affiliates | 1,107 |  |  | 1,535 |  |  | 1,947 |
Net income | $ | 151,330 |  |  | $ | 163,958 |  |  | $ | 323,310 |
| December 31,
| 2023 |  | 2022
Total Assets: |  |  |
Atlanta | $ | 907,421 |  |  | $ | 928,406 |
Charlotte | 974,846 |  |  | 984,075 |
Nashville | 1,259,272 |  |  | 1,290,819 |
Orlando | 286,781 |  |  | 287,950 |
Raleigh | 1,255,978 |  |  | 1,288,878 |
Richmond | 157,299 |  |  | 196,435 |
Tampa | 473,800 |  |  | 493,966 |
Total Office Segment | 5,315,397 |  |  | 5,470,529 |
Other | 687,531 |  |  | 592,847 |
Total Assets | $ | 6,002,928 |  |  | $ | 6,063,376 |

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