XML 52 R36.htm IDEA: XBRL DOCUMENT
v3.24.2

Earnings Per Share and Per Unit (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
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,
| 2024 |  | 2023 |  | 2024 |  | 2023
Earnings per Common Share - basic: |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income | $ | 64,770 |  |  | $ | 43,870 |  |  | $ | 91,983 |  |  | $ | 88,824 |
Net (income) attributable to noncontrolling interests in the Operating Partnership | (1,281) |  |  | (947) |  |  | (1,814) |  |  | (1,933) |
Net (income)/loss attributable to noncontrolling interests in consolidated affiliates | 2 |  |  | (4) |  |  | 7 |  |  | 483 |
Dividends on Preferred Stock | (621) |  |  | (621) |  |  | (1,242) |  |  | (1,242) |
Net income available for common stockholders | $ | 62,870 |  |  | $ | 42,298 |  |  | $ | 88,934 |  |  | $ | 86,132 |
Denominator: |  |  |  |  |  |  |
Denominator for basic earnings per Common Share – weighted average shares (1) | 105,996 |  |  | 105,457 |  |  | 105,900 |  |  | 105,373 |
Net income available for common stockholders | $ | 0.59 |  |  | $ | 0.40 |  |  | $ | 0.84 |  |  | $ | 0.82 |
Earnings per Common Share - diluted: |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income | $ | 64,770 |  |  | $ | 43,870 |  |  | $ | 91,983 |  |  | $ | 88,824 |
Net (income)/loss attributable to noncontrolling interests in consolidated affiliates | 2 |  |  | (4) |  |  | 7 |  |  | 483 |
Dividends on Preferred Stock | (621) |  |  | (621) |  |  | (1,242) |  |  | (1,242) |
Net income available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership | $ | 64,151 |  |  | $ | 43,245 |  |  | $ | 90,748 |  |  | $ | 88,065 |
Denominator: |  |  |  |  |  |  |
Denominator for basic earnings per Common Share – weighted average shares (1) | 105,996 |  |  | 105,457 |  |  | 105,900 |  |  | 105,373 |
Add: |  |  |  |  |  |  |
Noncontrolling interests Common Units | 2,151 |  |  | 2,351 |  |  | 2,153 |  |  | 2,355 |
Denominator for diluted earnings per Common Share – adjusted weighted average shares and assumed conversions | 108,147 |  |  | 107,808 |  |  | 108,053 |  |  | 107,728 |
Net income available for common stockholders | $ | 0.59 |  |  | $ | 0.40 |  |  | $ | 0.84 |  |  | $ | 0.82 |
__________ (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,
| 2024 |  | 2023 |  | 2024 |  | 2023
Earnings per Common Unit - basic: |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income | $ | 64,770 |  |  | $ | 43,870 |  |  | $ | 91,983 |  |  | $ | 88,824 |
Net (income)/loss attributable to noncontrolling interests in consolidated affiliates | 2 |  |  | (4) |  |  | 7 |  |  | 483 |
Distributions on Preferred Units | (621) |  |  | (621) |  |  | (1,242) |  |  | (1,242) |
Net income available for common unitholders | $ | 64,151 |  |  | $ | 43,245 |  |  | $ | 90,748 |  |  | $ | 88,065 |
Denominator: |  |  |  |  |  |  |
Denominator for basic earnings per Common Unit – weighted average units (1) | 107,738 |  |  | 107,399 |  |  | 107,644 |  |  | 107,319 |
Net income available for common unitholders | $ | 0.60 |  |  | $ | 0.40 |  |  | $ | 0.84 |  |  | $ | 0.82 |
Earnings per Common Unit - diluted: |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income | $ | 64,770 |  |  | $ | 43,870 |  |  | $ | 91,983 |  |  | $ | 88,824 |
Net (income)/loss attributable to noncontrolling interests in consolidated affiliates | 2 |  |  | (4) |  |  | 7 |  |  | 483 |
Distributions on Preferred Units | (621) |  |  | (621) |  |  | (1,242) |  |  | (1,242) |
Net income available for common unitholders | $ | 64,151 |  |  | $ | 43,245 |  |  | $ | 90,748 |  |  | $ | 88,065 |
Denominator: |  |  |  |  |  |  |
Denominator for basic earnings per Common Unit – weighted average units (1) | 107,738 |  |  | 107,399 |  |  | 107,644 |  |  | 107,319 |
Net income available for common unitholders | $ | 0.60 |  |  | $ | 0.40 |  |  | $ | 0.84 |  |  | $ | 0.82 |
__________ (1)Includes all unvested restricted stock where distributions on such restricted stock are non-forfeitable .

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | hiw_EarningsPerShareBasicAndDilutedLineItems
Namespace Prefix: | hiw_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per unit calculations for the Operating Partnership. + References No definition available. + Details
Name: | hiw_ScheduleOfEarningsPerUnitBasicAndDilutedTableTextBlock
Namespace Prefix: | hiw_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | srt_ConsolidatedEntitiesAxis=srt_SubsidiariesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |