HIGHWOODS PROPERTIES, INC., 10-K filed on 2/12/2013
Annual Report
Document and Entity Information Document (USD $)
12 Months Ended
Dec. 31, 2012
Feb. 1, 2013
Jun. 30, 2012
Document and Entity Information [Abstract]
 
 
 
Entity Registrant Name
HIGHWOODS PROPERTIES INC. 
 
 
Entity Central Index Key
0000921082 
 
 
Current Fiscal Year End Date
--12-31 
 
 
Entity Filer Category
Large Accelerated Filer 
 
 
Document Type
10-K 
 
 
Document Period End Date
Dec. 31, 2012 
 
 
Document Fiscal Year Focus
2012 
 
 
Document Fiscal Period Focus
Q4 
 
 
Amendment Flag
false 
 
 
Entity Common Stock, Shares Outstanding
 
80,555,117 
 
Entity Public Float
 
 
$ 2,511,832,112 
Entity Well-known Seasoned Issuer
Yes 
 
 
Entity Voluntary Filers
No 
 
 
Entity Current Reporting Status
Yes 
 
 
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Real estate assets, at cost:
 
 
Land
$ 374,212 
$ 355,694 
Buildings and tenant improvements
3,304,468 
3,009,155 
Development in process
21,198 
0 
Land held for development
117,784 
105,206 
Total real estate assets
3,817,662 
3,470,055 
Less-accumulated depreciation
(947,567)
(869,046)
Net real estate assets
2,870,095 
2,601,009 
For-sale residential condominiums
0 
4,751 
Real estate and other assets, net, held for sale
0 
124,273 
Cash and cash equivalents
13,783 
11,188 
Restricted cash
19,702 
26,666 
Accounts receivable, net of allowance of $2,848 and $3,548, respectively
23,073 
30,093 
Mortgages and notes receivable, net of allowance of $182 and $61, respectively
25,472 
18,600 
Accrued straight-line rents receivable, net of allowance of $929 and $1,294, respectively
116,992 
99,490 
Investments in and advances to unconsolidated affiliates
66,800 
100,367 
Deferred financing and leasing costs, net of accumulated amortization of $77,383 and $62,319, respectively
170,023 
127,774 
Prepaid expenses and other assets, net of accumulated amortization of $12,318 and $15,089, respectively
44,488 
36,781 
Total Assets
3,350,428 
3,180,992 
Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Liabilities, Redeemable Operating Partnership Units and Equity:
 
 
Mortgages and notes payable
1,859,162 
1,868,906 
Accounts payable, accrued expenses and other liabilities
172,146 
148,607 
Financing obligations
29,358 
30,150 
Liabilities held for sale
0 
35,815 
Total Liabilities
2,060,666 
2,083,478 
Commitments and contingencies
   
   
Noncontrolling interests in the Operating Partnership
124,869 
110,655 
Equity:
 
 
Preferred Stock, $.01 par value, 50,000,000 authorized shares; 8.625% Series A Cumulative Redeemable Preferred Shares (liquidation preference $1,000 per share), 29,077 shares issued and outstanding
29,077 
29,077 
Common Stock, $.01 par value, 200,000,000 authorized shares; 80,311,437 and 72,647,697 shares issued and outstanding, respectively
803 
726 
Additional paid-in capital
2,040,306 
1,803,997 
Distributions in excess of net income available for common stockholders
(897,418)
(845,853)
Accumulated other comprehensive loss
(12,628)
(5,734)
Total Stockholders’ Equity
1,160,140 
982,213 
Noncontrolling interests in consolidated affiliates
4,753 
4,646 
Total Equity
1,164,893 
986,859 
Total Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Total Liabilities, Redeemable Operating Partnership Units and Equity
3,350,428 
3,180,992 
Highwoods Realty Limited Partnership [Member]
 
 
Real estate assets, at cost:
 
 
Land
374,212 
355,694 
Buildings and tenant improvements
3,304,468 
3,009,155 
Development in process
21,198 
0 
Land held for development
117,784 
105,206 
Total real estate assets
3,817,662 
3,470,055 
Less-accumulated depreciation
(947,567)
(869,046)
Net real estate assets
2,870,095 
2,601,009 
For-sale residential condominiums
0 
4,751 
Real estate and other assets, net, held for sale
0 
124,273 
Cash and cash equivalents
13,867 
11,151 
Restricted cash
19,702 
26,666 
Accounts receivable, net of allowance of $2,848 and $3,548, respectively
23,073 
30,093 
Mortgages and notes receivable, net of allowance of $182 and $61, respectively
25,472 
18,600 
Accrued straight-line rents receivable, net of allowance of $929 and $1,294, respectively
116,992 
99,490 
Investments in and advances to unconsolidated affiliates
65,813 
99,296 
Deferred financing and leasing costs, net of accumulated amortization of $77,383 and $62,319, respectively
170,023 
127,774 
Prepaid expenses and other assets, net of accumulated amortization of $12,318 and $15,089, respectively
44,488 
36,781 
Total Assets
3,349,525 
3,179,884 
Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Liabilities, Redeemable Operating Partnership Units and Equity:
 
 
Mortgages and notes payable
1,859,162 
1,868,906 
Accounts payable, accrued expenses and other liabilities
172,026 
148,607 
Financing obligations
29,358 
30,150 
Liabilities held for sale
0 
35,815 
Total Liabilities
2,060,546 
2,083,478 
Commitments and contingencies
   
   
Redeemable Operating Partnership Units:
 
 
Common Units, 3,733,016 and 3,729,518 outstanding, respectively
124,869 
110,655 
Series A Preferred Units (liquidation preference $1,000 per unit), 29,077 units issued and outstanding, respectively
29,077 
29,077 
Total Redeemable Operating Partnership Units
153,946 
139,732 
Equity:
 
 
General partner Common Units, 836,356 and 759,684 outstanding, respectively
11,427 
9,575 
Limited partner Common Units, 79,066,272 and 71,479,204 outstanding, respectively
1,131,481 
948,187 
Accumulated other comprehensive loss
(12,628)
(5,734)
Noncontrolling interests in consolidated affiliates
4,753 
4,646 
Total Equity
1,135,033 
956,674 
Total Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Total Liabilities, Redeemable Operating Partnership Units and Equity
$ 3,349,525 
$ 3,179,884 
Consolidated Balance Sheets Parentheticals Consolidated Balance Sheets (Parentheticals) (USD $)
In Thousands, except Share data, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Assets:
 
 
Accounts receivable allowance
$ 2,848 
$ 3,548 
Mortgages and notes receivable allowance
182 
61 
Accrued straight-line rents receivable allowance
929 
1,294 
Deferred financing and leasing costs, accumulated amortization
77,383 
62,319 
Prepaid expenses and other assets, accumulated amortization
12,318 
15,089 
Equity:
 
 
Preferred Stock, par value (in dollars per share)
$ 0.01 
$ 0.01 
Preferred Stock, authorized shares (in shares)
50,000,000 
50,000,000 
Preferred Stock, liquidation preference (in dollars per share)
$ 1,000 
$ 1,000 
Preferred Stock, shares issued (in shares)
29,077 
29,077 
Preferred Stock, shares outstanding (in shares)
29,077 
29,077 
Common Stock, par value (in dollars per share)
$ 0.01 
$ 0.01 
Common Stock, authorized shares (in shares)
200,000,000 
200,000,000 
Common Stock, shares issued (in shares)
80,311,437 
72,647,697 
Common Stock, shares outstanding (in shares)
80,311,437 
72,647,697 
Highwoods Realty Limited Partnership [Member]
 
 
Assets:
 
 
Accounts receivable allowance
2,848 
3,548 
Mortgages and notes receivable allowance
182 
61 
Accrued straight-line rents receivable allowance
929 
1,294 
Deferred financing and leasing costs, accumulated amortization
77,383 
62,319 
Prepaid expenses and other assets, accumulated amortization
$ 12,318 
$ 15,089 
Equity:
 
 
Common Stock, par value (in dollars per share)
$ 0.01 
 
Redeemable Operating Partnership Units:
 
 
Redeemable Common Units, outstanding (in shares)
3,733,016 
3,729,518 
Preferred Units liquidation preference (in dollars per share)
$ 1,000 
$ 1,000 
Series A Preferred Units, issued (in shares)
29,077 
29,077 
Series A Preferred Units, outstanding (in shares)
29,077 
29,077 
Common Units:
 
 
General partners' capital account, units outstanding (in shares)
836,356 
759,684 
Limited partners' capital account, units outstanding (in shares)
79,066,272 
71,479,204 
Consolidated Statements of Income (USD $)
Share data in Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Rental and other revenues
$ 516,102,000 
$ 463,444,000 
$ 440,836,000 
Operating expenses:
 
 
 
Rental property and other expenses
187,434,000 
167,853,000 
155,771,000 
Depreciation and amortization
156,318,000 
137,890,000 
130,232,000 
Impairments of real estate assets
0 
2,429,000 
0 
General and administrative
37,377,000 
35,727,000 
32,948,000 
Total operating expenses
381,129,000 
343,899,000 
318,951,000 
Interest expense:
 
 
 
Contractual
92,838,000 
91,458,000 
87,409,000 
Amortization of deferred financing costs
3,685,000 
3,312,000 
3,385,000 
Financing obligations
(409,000)
740,000 
2,157,000 
Total interest expense
96,114,000 
95,510,000 
92,951,000 
Other income:
 
 
 
Interest and other income
7,353,000 
7,387,000 
6,362,000 
Losses on debt extinguishment
(973,000)
(24,000)
(705,000)
Total other income
6,380,000 
7,363,000 
5,657,000 
Income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates
45,239,000 
31,398,000 
34,591,000 
Gains on disposition of property
0 
764,000 
74,000 
Gains/(losses) on for-sale residential condominiums
444,000 
(316,000)
276,000 
Gains on disposition of investments in unconsolidated affiliates
0 
2,282,000 
25,330,000 
Equity in earnings of unconsolidated affiliates
5,035,000 
4,878,000 
3,821,000 
Income from continuing operations
50,718,000 
39,006,000 
64,092,000 
Discontinued operations:
 
 
 
Income from discontinued operations
4,062,000 
6,392,000 
8,297,000 
Net gains/(losses) on disposition of discontinued operations
29,455,000 
2,573,000 
(86,000)
Total discontinued operations
33,517,000 
8,965,000 
8,211,000 
Net income
84,235,000 
47,971,000 
72,303,000 
Net (income) attributable to noncontrolling interests in the Operating Partnership
(3,854,000)
(2,091,000)
(3,320,000)
Net (income) attributable to noncontrolling interests in consolidated affiliates
(786,000)
(755,000)
(485,000)
Dividends on Preferred Stock
(2,508,000)
(4,553,000)
(6,708,000)
Excess of Preferred Stock redemption/repurchase cost over carrying value
0 
(1,895,000)
0 
Net income available for common stockholders
77,087,000 
38,677,000 
61,790,000 
Earnings per Common Share - basic:
 
 
 
Income from continuing operations available for common stockholders (in dollars per share)
$ 0.60 
$ 0.42 
$ 0.75 
Income from discontinued operations available for common stockholders (in dollars per share)
$ 0.42 
$ 0.12 
$ 0.11 
Net income available for common stockholders (in dollars per share)
$ 1.02 
$ 0.54 
$ 0.86 
Weighted average Common Shares outstanding - basic (in shares)
75,811 1 2
72,281 1 2
71,578 1 2
Earnings per Common Share - diluted:
 
 
 
Income from continuing operations available for common stockholders (in dollars per share)
$ 0.60 
$ 0.42 
$ 0.75 
Income from discontinued operations available for common stockholders (in dollars per share)
$ 0.42 
$ 0.12 
$ 0.11 
Net income available for common stockholders (in dollars per share)
$ 1.02 
$ 0.54 
$ 0.86 
Weighted average Common Shares outstanding - diluted (in shares)
79,678 2
76,189 2
75,578 2
Net income available for common stockholders:
 
 
 
Income from continuing operations available for common stockholders
45,164,000 
30,158,000 
53,994,000 
Income from discontinued operations available for common stockholders
31,923,000 
8,519,000 
7,796,000 
Net income available for common stockholders
77,087,000 
38,677,000 
61,790,000 
Highwoods Realty Limited Partnership [Member]
 
 
 
Rental and other revenues
516,102,000 
463,444,000 
440,836,000 
Operating expenses:
 
 
 
Rental property and other expenses
187,185,000 
167,827,000 
155,411,000 
Depreciation and amortization
156,318,000 
137,890,000 
130,232,000 
Impairments of real estate assets
0 
2,429,000 
0 
General and administrative
37,626,000 
35,753,000 
33,308,000 
Total operating expenses
381,129,000 
343,899,000 
318,951,000 
Interest expense:
 
 
 
Contractual
92,838,000 
91,458,000 
87,409,000 
Amortization of deferred financing costs
3,685,000 
3,312,000 
3,385,000 
Financing obligations
(409,000)
740,000 
2,157,000 
Total interest expense
96,114,000 
95,510,000 
92,951,000 
Other income:
 
 
 
Interest and other income
7,353,000 
7,387,000 
6,362,000 
Losses on debt extinguishment
(973,000)
(24,000)
(705,000)
Total other income
6,380,000 
7,363,000 
5,657,000 
Income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates
45,239,000 
31,398,000 
34,591,000 
Gains on disposition of property
0 
764,000 
74,000 
Gains/(losses) on for-sale residential condominiums
444,000 
(316,000)
276,000 
Gains on disposition of investments in unconsolidated affiliates
0 
2,282,000 
25,330,000 
Equity in earnings of unconsolidated affiliates
5,095,000 
4,939,000 
3,794,000 
Income from continuing operations
50,778,000 
39,067,000 
64,065,000 
Discontinued operations:
 
 
 
Income from discontinued operations
4,062,000 
6,392,000 
8,297,000 
Net gains/(losses) on disposition of discontinued operations
29,455,000 
2,573,000 
(86,000)
Total discontinued operations
33,517,000 
8,965,000 
8,211,000 
Net income
84,295,000 
48,032,000 
72,276,000 
Net (income) attributable to noncontrolling interests in consolidated affiliates
(786,000)
(755,000)
(485,000)
Distributions on Preferred Units
(2,508,000)
(4,553,000)
(6,708,000)
Excess of Preferred Unit redemption/repurchase cost over carrying value
0 
(1,895,000)
0 
Net income available for common unitholders
81,001,000 
40,829,000 
65,083,000 
Earnings per Common Unit - basic:
 
 
 
Income from continuing operations available for common unitholders (in dollars per share)
$ 0.60 
$ 0.42 
$ 0.76 
Income from discontinued operations available for common unitholders (in dollars per share)
$ 0.42 
$ 0.12 
$ 0.11 
Net income available for common unitholders (in dollars per share)
$ 1.02 
$ 0.54 
$ 0.87 
Weighted average Common Units outstanding - basic (in shares)
79,147 
75,644 
74,971 
Earnings per Common Unit - diluted:
 
 
 
Income from continuing operations available for common unitholders (in dollars per share)
0.60 
0.42 
0.76 
Income from discontinued operations available for common unitholders (in dollars per share)
0.42 
0.12 
0.11 
Net income available for common unitholders (in dollars per share)
1.02 
0.54 
0.87 
Weighted average Common Units outstanding - diluted (in shares)
79,269 
75,780 
75,169 
Net income available for common unitholders:
 
 
 
Income from continuing operations available for common unitholders
47,484,000 
31,864,000 
56,872,000 
Total discontinued operations
33,517,000 
8,965,000 
8,211,000 
Net income available for common unitholders
$ 81,001,000 
$ 40,829,000 
$ 65,083,000 
Consolidated Statements of Comprehensive Income (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Comprehensive income/(loss):
 
 
 
Net income
$ 84,235 
$ 47,971 
$ 72,303 
Other comprehensive income/(loss):
 
 
 
Unrealized gains/(losses) on tax increment financing bond
411 
234 
(177)
Unrealized losses on cash flow hedges
(10,358)
(2,202)
0 
Amortization of cash flow hedges
3,053 
(118)
237 
Sale of cash flow hedge related to disposition of investments in unconsolidated affiliate
0 
0 
103 
Total other comprehensive income/(loss)
(6,894)
(2,086)
163 
Total comprehensive income
77,341 
45,885 
72,466 
Less-comprehensive (income) attributable to noncontrolling interests
(4,640)
(2,846)
(3,805)
Comprehensive income attributable to common stockholders
72,701 
43,039 
68,661 
Highwoods Realty Limited Partnership [Member]
 
 
 
Comprehensive income/(loss):
 
 
 
Net income
84,295 
48,032 
72,276 
Other comprehensive income/(loss):
 
 
 
Unrealized gains/(losses) on tax increment financing bond
411 
234 
(177)
Unrealized losses on cash flow hedges
(10,358)
(2,202)
0 
Amortization of cash flow hedges
3,053 
(118)
237 
Sale of cash flow hedge related to disposition of investments in unconsolidated affiliate
0 
0 
103 
Total other comprehensive income/(loss)
(6,894)
(2,086)
163 
Total comprehensive income
77,401 
45,946 
72,439 
Less-comprehensive (income) attributable to noncontrolling interests
(786)
(755)
(485)
Comprehensive income attributable to common stockholders
$ 76,615 
$ 45,191 
$ 71,954 
Consolidated Statements of Equity (USD $)
In Thousands, except Share data, unless otherwise specified
Total
Highwoods Realty Limited Partnership [Member]
Common Stock [Member]
Series A Cumulative Redeemable Preferred Shares [Member]
Series B Cumulative Redeemable Preferred Shares [Member]
General Partner Common Units [Member]
Highwoods Realty Limited Partnership [Member]
Limited Partner Common Units [Member]
Highwoods Realty Limited Partnership [Member]
Additional Paid-in Capital [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Highwoods Realty Limited Partnership [Member]
Noncontrolling Interests in Consolidated Affiliates [Member]
Noncontrolling Interests in Consolidated Affiliates [Member]
Highwoods Realty Limited Partnership [Member]
Distributions in Excess of Net Income Available for Common Stockholders [Member]
Balance at Dec. 31, 2009
$ 1,133,143 
$ 1,050,185 
$ 713 
$ 29,092 
$ 52,500 
$ 10,485 
$ 1,038,328 
$ 1,751,398 
$ (3,811)
$ (3,811)
$ 5,183 
$ 5,183 
$ (701,932)
Balance (in shares) at Dec. 31, 2009
 
 
71,285,303 
 
 
 
 
 
 
 
 
 
 
Increase (Decrease) in Stockholders' Equity [Roll Forward]
 
 
 
 
 
 
 
 
 
 
 
 
 
Issuances of Common Units, net
 
2,998 
 
 
 
30 
2,968 
 
 
0 
 
0 
 
Distributions paid on Common Units
 
(127,417)
 
 
 
(1,274)
(126,143)
 
 
0 
 
0 
 
Distributions paid on Preferred Units
 
(6,708)
 
 
 
(67)
(6,641)
 
 
0 
 
0 
 
Issuances of Common Stock - Shares
 
 
143,907 
 
 
 
 
 
 
 
 
 
 
Issuances of Common Stock, net
2,998 
 
1 
0 
0 
 
 
2,997 
0 
 
0 
 
0 
Conversion of Common Units to Common Stock - Shares
 
 
97,134 
 
 
 
 
 
 
 
 
 
 
Conversion of Common Units to Common Stock
3,061 
 
1 
0 
0 
 
 
3,060 
0 
 
0 
 
0 
Dividends on Common Stock
(121,643)
 
0 
0 
0 
 
 
0 
0 
 
0 
 
(121,643)
Dividends on Preferred Stock
(6,708)
 
0 
0 
0 
 
 
0 
0 
 
0 
 
(6,708)
Adjustment of noncontrolling interests in the Operating Partnership to fair value
2,721 
 
0 
0 
0 
 
 
2,721 
0 
 
0 
 
0 
Distributions to noncontrolling interests in consolidated affiliates
(568)
(568)
0 
0 
0 
0 
0 
0 
0 
0 
(568)
(568)
0 
Acquisition of noncontrolling interest in consolidated affiliate
(500)
(500)
0 
0 
0 
1 
139 
140 
0 
0 
(640)
(640)
0 
Issuances of restricted stock, net - Shares
 
 
164,143 
 
 
 
 
 
 
 
 
 
 
Issuances of restricted stock, net
0 
 
0 
0 
0 
 
 
0 
0 
 
0 
 
0 
Share-based compensation expense
6,572 
6,572 
2 
0 
0 
66 
6,506 
6,570 
0 
0 
0 
0 
0 
Adjustment of Redeemable Common Units to fair value and contributions/distributions from/to the General Partner
 
8,465 
 
 
 
85 
8,380 
 
 
0 
 
0 
 
Net (income) attributable to noncontrolling interests in the Operating Partnership
(3,320)
 
0 
0 
0 
 
 
0 
0 
 
0 
 
(3,320)
Net (income) attributable to noncontrolling interests in consolidated affiliates
0 
0 
0 
0 
0 
(5)
(480)
0 
0 
0 
485 
485 
(485)
Comprehensive income:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income
72,303 
72,276 
0 
0 
0 
723 
71,553 
0 
0 
0 
0 
0 
72,303 
Other comprehensive income/(loss)
163 
163 
0 
0 
0 
0 
0 
0 
163 
163 
0 
0 
0 
Total comprehensive income
72,466 
72,439 
 
 
 
 
 
 
 
 
 
 
 
Balance at Dec. 31, 2010
1,088,222 
1,005,466 
717 
29,092 
52,500 
10,044 
994,610 
1,766,886 
(3,648)
(3,648)
4,460 
4,460 
(761,785)
Balance (in shares) at Dec. 31, 2010
 
 
71,690,487 
 
 
 
 
 
 
 
 
 
 
Increase (Decrease) in Stockholders' Equity [Roll Forward]
 
 
 
 
 
 
 
 
 
 
 
 
 
Net (income) attributable to noncontrolling interests in the Operating Partnership
(507)
 
 
 
 
 
 
 
 
 
 
 
 
Comprehensive income:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income
12,443 
12,451 
 
 
 
 
 
 
 
 
 
 
 
Balance at Mar. 31, 2011
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at Dec. 31, 2010
1,088,222 
1,005,466 
717 
29,092 
52,500 
10,044 
994,610 
1,766,886 
(3,648)
(3,648)
4,460 
4,460 
(761,785)
Balance (in shares) at Dec. 31, 2010
 
 
71,690,487 
 
 
 
 
 
 
 
 
 
 
Increase (Decrease) in Stockholders' Equity [Roll Forward]
 
 
 
 
 
 
 
 
 
 
 
 
 
Issuances of Common Units, net
 
23,270 
 
 
 
233 
23,037 
 
 
0 
 
0 
 
Distributions paid on Common Units
 
(128,463)
 
 
 
(1,285)
(127,178)
 
 
0 
 
0 
 
Distributions paid on Preferred Units
 
(4,553)
 
 
 
(46)
(4,507)
 
 
0 
 
0 
 
Issuances of Common Stock - Shares
 
 
758,389 
 
 
 
 
 
 
 
 
 
 
Issuances of Common Stock, net
23,270 
 
8 
0 
0 
 
 
23,262 
0 
 
0 
 
0 
Conversion of Common Units to Common Stock - Shares
 
 
64,469 
 
 
 
 
 
 
 
 
 
 
Conversion of Common Units to Common Stock
1,906 
 
0 
0 
0 
 
 
1,906 
0 
 
0 
 
0 
Dividends on Common Stock
(122,745)
 
0 
0 
0 
 
 
0 
0 
 
0 
 
(122,745)
Dividends on Preferred Stock
(4,553)
 
0 
0 
0 
 
 
0 
0 
 
0 
 
(4,553)
Adjustment of noncontrolling interests in the Operating Partnership to fair value
3,955 
 
0 
0 
0 
 
 
3,955 
0 
 
0 
 
0 
Distributions to noncontrolling interests in consolidated affiliates
(569)
(569)
0 
0 
0 
0 
0 
0 
0 
0 
(569)
(569)
0 
Issuances of restricted stock, net - Shares
 
 
134,352 
 
 
 
 
 
 
 
 
 
 
Issuances of restricted stock, net
0 
 
0 
0 
0 
 
 
0 
0 
 
0 
 
0 
Redemptions/repurchases of Preferred Stock
(52,515)
 
0 
(15)
(52,500)
 
 
1,895 
0 
 
0 
 
(1,895)
Share-based compensation expense
6,094 
6,094 
1 
0 
0 
61 
6,033 
6,093 
0 
0 
0 
0 
0 
Adjustment of Redeemable Common Units to fair value and contributions/distributions from/to the General Partner
 
9,483 
 
 
 
96 
9,387 
 
 
0 
 
0 
 
Net (income) attributable to noncontrolling interests in the Operating Partnership
(2,091)
 
0 
0 
0 
 
 
0 
0 
 
0 
 
(2,091)
Net (income) attributable to noncontrolling interests in consolidated affiliates
0 
0 
0 
0 
0 
(8)
(747)
0 
0 
0 
755 
755 
(755)
Comprehensive income:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income
47,971 
48,032 
0 
0 
0 
480 
47,552 
0 
0 
0 
0 
0 
47,971 
Other comprehensive income/(loss)
(2,086)
(2,086)
0 
0 
0 
0 
0 
0 
(2,086)
(2,086)
0 
0 
0 
Total comprehensive income
45,885 
45,946 
 
 
 
 
 
 
 
 
 
 
 
Balance at Dec. 31, 2011
986,859 
956,674 
726 
29,077 
0 
9,575 
948,187 
1,803,997 
(5,734)
(5,734)
4,646 
4,646 
(845,853)
Balance (in shares) at Dec. 31, 2011
72,647,697 
 
72,647,697 
 
 
 
 
 
 
 
 
 
 
Balance at Sep. 30, 2011
 
 
 
 
 
 
 
 
 
 
 
 
 
Increase (Decrease) in Stockholders' Equity [Roll Forward]
 
 
 
 
 
 
 
 
 
 
 
 
 
Net (income) attributable to noncontrolling interests in the Operating Partnership
(595)
 
 
 
 
 
 
 
 
 
 
 
 
Comprehensive income:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income
12,850 
12,899 
 
 
 
 
 
 
 
 
 
 
 
Balance at Dec. 31, 2011
986,859 
956,674 
 
 
 
 
 
 
 
 
 
 
 
Balance (in shares) at Dec. 31, 2011
72,647,697 
 
 
 
 
 
 
 
 
 
 
 
 
Increase (Decrease) in Stockholders' Equity [Roll Forward]
 
 
 
 
 
 
 
 
 
 
 
 
 
Net (income) attributable to noncontrolling interests in the Operating Partnership
(827)
 
 
 
 
 
 
 
 
 
 
 
 
Comprehensive income:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income
18,332 
18,334 
 
 
 
 
 
 
 
 
 
 
 
Balance at Mar. 31, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at Dec. 31, 2011
986,859 
956,674 
726 
29,077 
0 
9,575 
948,187 
1,803,997 
(5,734)
(5,734)
4,646 
4,646 
(845,853)
Balance (in shares) at Dec. 31, 2011
72,647,697 
 
72,647,697 
 
 
 
 
 
 
 
 
 
 
Increase (Decrease) in Stockholders' Equity [Roll Forward]
 
 
 
 
 
 
 
 
 
 
 
 
 
Issuances of Common Units, net
 
245,467 
 
 
 
2,455 
243,012 
 
 
0 
 
0 
 
Distributions paid on Common Units
 
(134,291)
 
 
 
(1,343)
(132,948)
 
 
0 
 
0 
 
Distributions paid on Preferred Units
 
(2,508)
 
 
 
(25)
(2,483)
 
 
0 
 
0 
 
Issuances of Common Stock - Shares
 
 
7,441,489 
 
 
 
 
 
 
 
 
 
 
Issuances of Common Stock, net
243,168 
 
74 
0 
0 
 
 
243,094 
0 
 
0 
 
0 
Conversion of Common Units to Common Stock - Shares
 
 
63,366 
 
 
 
 
 
 
 
 
 
 
Conversion of Common Units to Common Stock
2,096 
 
0 
0 
0 
 
 
2,096 
0 
 
0 
 
0 
Dividends on Common Stock
(128,652)
 
0 
0 
0 
 
 
0 
0 
 
0 
 
(128,652)
Dividends on Preferred Stock
(2,508)
 
0 
0 
0 
 
 
0 
0 
 
0 
 
(2,508)
Adjustment of noncontrolling interests in the Operating Partnership to fair value
(16,491)
 
0 
0 
0 
 
 
(16,491)
0 
 
0 
 
0 
Distributions to noncontrolling interests in consolidated affiliates
(679)
(679)
0 
0 
0 
0 
0 
0 
0 
0 
(679)
(679)
0 
Issuances of restricted stock, net - Shares
 
 
158,885 
 
 
 
 
 
 
 
 
 
 
Issuances of restricted stock, net
0 
 
0 
0 
0 
 
 
0 
0 
 
0 
 
0 
Share-based compensation expense
7,613 
7,613 
3 
0 
0 
76 
7,537 
7,610 
0 
0 
0 
0 
0 
Adjustment of Redeemable Common Units to fair value and contributions/distributions from/to the General Partner
 
(14,644)
 
 
 
(146)
(14,498)
 
 
0 
 
0 
 
Net (income) attributable to noncontrolling interests in the Operating Partnership
(3,854)
 
0 
0 
0 
 
 
0 
0 
 
0 
 
(3,854)
Net (income) attributable to noncontrolling interests in consolidated affiliates
0 
0 
0 
0 
0 
(8)
(778)
0 
0 
0 
786 
786 
(786)
Comprehensive income:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income
84,235 
84,295 
0 
0 
0 
843 
83,452 
0 
0 
0 
0 
0 
84,235 
Other comprehensive income/(loss)
(6,894)
(6,894)
0 
0 
0 
0 
0 
0 
(6,894)
(6,894)
0 
0 
0 
Total comprehensive income
77,341 
77,401 
 
 
 
 
 
 
 
 
 
 
 
Balance at Dec. 31, 2012
1,164,893 
1,135,033 
803 
29,077 
0 
11,427 
1,131,481 
2,040,306 
(12,628)
(12,628)
4,753 
4,753 
(897,418)
Balance (in shares) at Dec. 31, 2012
80,311,437 
 
80,311,437 
 
 
 
 
 
 
 
 
 
 
Balance at Sep. 30, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
Increase (Decrease) in Stockholders' Equity [Roll Forward]
 
 
 
 
 
 
 
 
 
 
 
 
 
Net (income) attributable to noncontrolling interests in the Operating Partnership
(688)
 
 
 
 
 
 
 
 
 
 
 
 
Comprehensive income:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income
15,609 
15,660 
 
 
 
 
 
 
 
 
 
 
 
Balance at Dec. 31, 2012
$ 1,164,893 
$ 1,135,033 
 
 
 
 
 
 
 
 
 
 
 
Balance (in shares) at Dec. 31, 2012
80,311,437 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Operating activities:
 
 
 
Net income
$ 84,235 
$ 47,971 
$ 72,303 
Adjustments to reconcile net income to net cash provided by operating activities:
 
 
 
Depreciation and amortization
158,327 
143,146 
136,158 
Amortization of lease incentives and acquisition-related intangible assets and liabilities
355 
1,446 
1,239 
Share-based compensation expense
7,613 
6,094 
6,572 
Allowance for losses on accounts and accrued straight-line rents receivable
1,059 
2,521 
4,009 
Amortization of deferred financing costs
3,685 
3,312 
3,385 
Amortization of cash flow hedges
3,053 
(118)
237 
Impairments of real estate assets
0 
2,429 
0 
Losses on debt extinguishment
973 
24 
705 
Net (gains)/losses on disposition of property
(29,455)
(3,337)
12 
(Gains)/losses on for-sale residential condominiums
(444)
316 
(276)
Gains on disposition of investments in unconsolidated affiliates
0 
(2,282)
(25,330)
Equity in earnings of unconsolidated affiliates
(5,035)
(4,878)
(3,821)
Changes in financing obligations
(1,282)
(476)
708 
Distributions of earnings from unconsolidated affiliates
4,618 
5,029 
4,433 
Changes in operating assets and liabilities:
 
 
 
Accounts receivable
3,132 
(8,498)
(3,290)
Prepaid expenses and other assets
(1,129)
(400)
370 
Accrued straight-line rents receivable
(17,919)
(13,604)
(11,889)
Accounts payable, accrued expenses and other liabilities
(18,370)
16,701 
5,012 
Net cash provided by operating activities
193,416 
195,396 
190,537 
Investing activities:
 
 
 
Investments in acquired real estate and related intangible assets, net of cash acquired
(269,847)
(75,510)
(20,281)
Investments in development in process
(13,288)
(5,835)
(223)
Investments in tenant improvements and deferred leasing costs
(79,639)
(80,934)
(55,858)
Investments in building improvements
(35,799)
(22,287)
(26,355)
Net proceeds from disposition of real estate assets
152,456 
17,717 
6,801 
Net proceeds from disposition of for-sale residential condominiums
5,195 
3,020 
4,952 
Proceeds from disposition of investments in unconsolidated affiliates
0 
4,756 
15,000 
Distributions of capital from unconsolidated affiliates
1,311 
1,577 
1,933 
Investments in mortgage receivable
(8,648)
0 
0 
Repayments of mortgages and notes receivable
1,776 
444 
329 
Investments in and advances to unconsolidated affiliates
8,291 
(39,901)
(2,875)
Changes in restricted cash and other investing activities
(620)
(18,526)
(1,578)
Net cash used in investing activities
(238,812)
(215,479)
(78,155)
Financing activities:
 
 
 
Dividends on Common Stock
(128,652)
(122,745)
(121,643)
Redemptions/repurchases of Preferred Stock
0 
(52,515)
0 
Dividends on Preferred Stock
(2,508)
(4,553)
(6,708)
Distributions to noncontrolling interests in the Operating Partnership
(6,334)
(6,413)
(6,469)
Distributions to noncontrolling interests in consolidated affiliates
(679)
(569)
(568)
Acquisition of noncontrolling interest in consolidated affiliate
0 
0 
(500)
Proceeds from the issuance of Common Stock
249,489 
23,270 
2,998 
Costs paid for the issuance of Common Stock
(3,600)
0 
0 
Repurchase of shares related to tax withholdings
(2,721)
0 
0 
Borrowings on revolving credit facility
524,100 
525,800 
37,500 
Repayments of revolving credit facility
(863,100)
(193,800)
(7,500)
Borrowings on mortgages and notes payable
507,350 
200,000 
10,368 
Repayments of mortgages and notes payable
(219,530)
(344,203)
(27,004)
Borrowings on financing obligations
1,839 
0 
0 
Payments on financing obligations
(1,316)
(1,194)
(1,116)
Payments on debt extinguishment
(908)
0 
(577)
Additions to deferred financing costs and other financing activities
(5,439)
(6,013)
(656)
Net cash provided by/(used in) financing activities
47,991 
17,065 
(121,875)
Net increase/(decrease) in cash and cash equivalents
2,595 
(3,018)
(9,493)
Cash and cash equivalents at beginning of the period
11,188 
14,206 
23,699 
Cash and cash equivalents at end of the period
13,783 
11,188 
14,206 
Supplemental disclosure of cash flow information:
 
 
 
Cash paid for interest, net of amounts capitalized
93,547 
90,838 
86,395 
Supplemental disclosure of non-cash investing and financing activities:
 
 
 
Unrealized losses on cash flow hedges
(10,358)
(2,202)
0 
Conversion of Common Units to Common Stock
2,096 
1,906 
3,061 
Changes in accrued capital expenditures
8,116 
11,048 
(1,946)
Write-off of fully depreciated real estate assets
48,978 
48,565 
43,955 
Write-off of fully amortized deferred financing and leasing costs
19,176 
19,987 
15,719 
Unrealized gains/(losses) on marketable securities of non-qualified deferred compensation plan
475 
(119)
382 
Settlement of financing obligation
0 
0 
4,184 
Adjustment of noncontrolling interests in the Operating Partnership to fair value
16,491 
(3,955)
(2,721)
Unrealized gains/(losses) on tax increment financing bond
411 
234 
(177)
Mortgages receivable from seller financing
0 
0 
17,030 
Assumption of mortgages and notes payable related to acquisition activities
7,837 
192,367 
40,306 
Reduction of advances to unconsolidated affiliates related to acquisition activities
26,000 
0 
0 
Issuances of Common Units to noncontrolling interests to acquire real estate assets
2,299 
0 
0 
Highwoods Realty Limited Partnership [Member]
 
 
 
Operating activities:
 
 
 
Net income
84,295 
48,032 
72,276 
Adjustments to reconcile net income to net cash provided by operating activities:
 
 
 
Depreciation and amortization
158,327 
143,146 
136,158 
Amortization of lease incentives and acquisition-related intangible assets and liabilities
355 
1,446 
1,239 
Share-based compensation expense
7,613 
6,094 
6,572 
Allowance for losses on accounts and accrued straight-line rents receivable
1,059 
2,521 
4,009 
Amortization of deferred financing costs
3,685 
3,312 
3,385 
Amortization of cash flow hedges
3,053 
(118)
237 
Impairments of real estate assets
0 
2,429 
0 
Losses on debt extinguishment
973 
24 
705 
Net (gains)/losses on disposition of property
(29,455)
(3,337)
12 
(Gains)/losses on for-sale residential condominiums
(444)
316 
(276)
Gains on disposition of investments in unconsolidated affiliates
0 
(2,282)
(25,330)
Equity in earnings of unconsolidated affiliates
(5,095)
(4,939)
(3,794)
Changes in financing obligations
(1,282)
(476)
708 
Distributions of earnings from unconsolidated affiliates
4,592 
5,005 
4,377 
Changes in operating assets and liabilities:
 
 
 
Accounts receivable
3,132 
(8,498)
(3,290)
Prepaid expenses and other assets
(1,129)
(400)
370 
Accrued straight-line rents receivable
(17,919)
(13,604)
(11,889)
Accounts payable, accrued expenses and other liabilities
(18,490)
16,701 
5,012 
Net cash provided by operating activities
193,270 
195,372 
190,481 
Investing activities:
 
 
 
Investments in acquired real estate and related intangible assets, net of cash acquired
(269,847)
(75,510)
(20,281)
Investments in development in process
(13,288)
(5,835)
(223)
Investments in tenant improvements and deferred leasing costs
(79,639)
(80,934)
(55,858)
Investments in building improvements
(35,799)
(22,287)
(26,355)
Net proceeds from disposition of real estate assets
152,456 
17,717 
6,801 
Net proceeds from disposition of for-sale residential condominiums
5,195 
3,020 
4,952 
Proceeds from disposition of investments in unconsolidated affiliates
0 
4,756 
15,000 
Distributions of capital from unconsolidated affiliates
1,311 
1,577 
1,933 
Investments in mortgage receivable
(8,648)
0 
0 
Repayments of mortgages and notes receivable
1,776 
444 
329 
Investments in and advances to unconsolidated affiliates
8,291 
(39,901)
(2,875)
Changes in restricted cash and other investing activities
(620)
(18,526)
(1,576)
Net cash used in investing activities
(238,812)
(215,479)
(78,153)
Financing activities:
 
 
 
Distributions on Common Units
(134,291)
(128,463)
(127,417)
Redemptions/repurchases of Preferred Units
0 
(52,515)
0 
Distributions on Preferred Units
(2,508)
(4,553)
(6,708)
Distributions to noncontrolling interests in consolidated affiliates
(679)
(569)
(568)
Acquisition of noncontrolling interest in consolidated affiliate
0 
0 
(500)
Proceeds from the issuance of Common Units
249,489 
23,270 
2,998 
Costs paid for the issuance of Common Units
3,600 
0 
0 
Repurchase of units related to tax withholdings
2,721 
0 
0 
Borrowings on revolving credit facility
524,100 
525,800 
37,500 
Repayments of revolving credit facility
(863,100)
(193,800)
(7,500)
Borrowings on mortgages and notes payable
507,350 
200,000 
10,368 
Repayments of mortgages and notes payable
(219,530)
(344,203)
(27,004)
Borrowings on financing obligations
1,839 
0 
0 
Payments on financing obligations
(1,316)
(1,194)
(1,116)
Payments on debt extinguishment
(908)
0 
(577)
Additions to deferred financing costs and other financing activities
(5,867)
(6,713)
(1,125)
Net cash provided by/(used in) financing activities
48,258 
17,060 
(121,649)
Net increase/(decrease) in cash and cash equivalents
2,716 
(3,047)
(9,321)
Cash and cash equivalents at beginning of the period
11,151 
14,198 
23,519 
Cash and cash equivalents at end of the period
13,867 
11,151 
14,198 
Supplemental disclosure of cash flow information:
 
 
 
Cash paid for interest, net of amounts capitalized
93,547 
90,838 
86,395 
Supplemental disclosure of non-cash investing and financing activities:
 
 
 
Unrealized losses on cash flow hedges
(10,358)
(2,202)
0 
Changes in accrued capital expenditures
8,116 
11,048 
(1,946)
Write-off of fully depreciated real estate assets
48,978 
48,565 
43,955 
Write-off of fully amortized deferred financing and leasing costs
19,176 
19,987 
15,719 
Unrealized gains/(losses) on marketable securities of non-qualified deferred compensation plan
475 
(119)
382 
Settlement of financing obligation
0 
0 
4,184 
Adjustment of Redeemable Common Units to fair value
11,915 
(10,183)
(2,721)
Unrealized gains/(losses) on tax increment financing bond
411 
234 
(177)
Mortgages receivable from seller financing
0 
0 
17,030 
Assumption of mortgages and notes payable related to acquisition activities
7,837 
192,367 
40,306 
Reduction of advances to unconsolidated affiliates related to acquisition activities
26,000 
0 
0 
Issuances of Common Units to noncontrolling interests to acquire real estate assets
$ 2,299 
$ 0 
$ 0 
Description of Business and Significant Accounting Policies
Description of Business and Significant Accounting Policies 
Description of Business and Significant Accounting Policies

Description of Business

Highwoods Properties, Inc., together with its consolidated subsidiaries (the “Company”), is a fully-integrated, self-administered and self-managed equity real estate investment trust (“REIT”) that provides leasing, management, development, construction and other customer-related services for its properties and for third parties. The Company conducts virtually all of its activities through Highwoods Realty Limited Partnership (the “Operating Partnership”). At December 31, 2012, the Company and/or the Operating Partnership wholly owned: 301 in-service office, industrial and retail properties, comprising 29.7 million square feet; 649 acres of undeveloped land suitable for future development, of which 566 acres are considered core assets; and one office development property. In addition, we owned interests (50.0% or less) in 32 in-service office properties, a rental residential development property and 11 acres of undeveloped land suitable for future development, which includes a 12.5% interest in a 261,000 square foot office property directly owned by the Company (not included in the Operating Partnership’s Consolidated Financial Statements).

The Company is the sole general partner of the Operating Partnership. At December 31, 2012, the Company owned all of the Preferred Units and 79.9 million, or 95.6%, of the Common Units in the Operating Partnership. Limited partners, including two directors of the Company, own the remaining 3.7 million Common Units. In the event the Company issues shares of Common Stock, the net proceeds of the issuance are contributed to the Operating Partnership in exchange for additional Common Units. Generally, the Operating Partnership is required to redeem each Common Unit at the request of the holder thereof for cash equal to the value of one share of the Company’s Common Stock, $0.01 par value, based on the average of the market price for the 10 trading days immediately preceding the notice date of such redemption, provided that the Company at its option may elect to acquire any such Common Units presented for redemption for cash or one share of Common Stock. The Common Units owned by the Company are not redeemable. During 2012, the Company redeemed 63,366 Common Units for a like number of shares of Common Stock and the Operating Partnership issued 66,864 Common Units to acquire real estate assets. As a result of this activity, in conjunction with the proceeds from issuances of Common Stock contributed to the Operating Partnership in exchange for additional Common Units, the percentage of Common Units owned by the Company increased from 95.1% at December 31, 2011 to 95.6% at December 31, 2012.

Basis of Presentation

Our Consolidated Financial Statements are prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”). Our Consolidated Balance Sheet at December 31, 2011 was retrospectively revised from previously reported amounts to reflect in real estate and other assets, net, held for sale and liabilities held for sale those properties which qualified as held for sale during 2012. Our Consolidated Statements of Income for the years ended December 31, 2011 and 2010 were retrospectively revised from previously reported amounts to reflect in discontinued operations the operations for those properties that qualified for discontinued operations during 2012. Prior period amounts related to capital expenditures in our Consolidated Statements of Cash Flows have been disaggregated to conform to the current period presentation.

The Consolidated Financial Statements include the Operating Partnership, wholly owned subsidiaries and those subsidiaries in which we own a majority voting interest with the ability to control operations of the subsidiaries and where no substantive participating rights or substantive kick out rights have been granted to the noncontrolling interests. We consolidate partnerships, joint ventures and limited liability companies when we control the major operating and financial policies of the entity through majority ownership or in our capacity as general partner or managing member. Five of the 50.0% or less owned in-service office properties are consolidated. In addition, we consolidate those entities deemed to be variable interest entities in which we are determined to be the primary beneficiary. At December 31, 2012, we had involvement with, but are not the primary beneficiary in, an entity that we concluded to be a variable interest entity (see Note 3). All intercompany transactions and accounts have been eliminated.

1.    Description of Business and Significant Accounting Policies – Continued

Use of Estimates

The preparation of consolidated financial statements in accordance with GAAP requires us to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates.

Real Estate and Related Assets

Real estate and related assets are recorded at cost and stated at cost less accumulated depreciation. Renovations, replacements and other expenditures that improve or extend the life of assets are capitalized and depreciated over their estimated useful lives. Expenditures for ordinary maintenance and repairs are charged to expense as incurred. Depreciation is computed using the straight-line method over the estimated useful life of 40 years for buildings and depreciable land infrastructure costs, 15 years for building improvements and five to seven years for furniture, fixtures and equipment. Tenant improvements are amortized using the straight-line method over initial fixed terms of the respective leases, which generally are from three to 10 years. Depreciation expense for real estate assets was $129.0 million, $120.8 million and $117.6 million for the years ended December 31, 2012, 2011 and 2010, respectively.

Expenditures directly related to the development and construction of real estate assets are included in net real estate assets and are stated at depreciated cost. Development expenditures include pre-construction costs essential to the development of properties, development and construction costs, interest costs on qualifying assets, real estate taxes, development personnel salaries and related costs and other costs incurred during the period of development. Interest and other carrying costs are capitalized until the building is ready for its intended use, but not later than one year from cessation of major construction activity. We consider a construction project as substantially completed and ready for its intended use upon the completion of tenant improvements. We cease capitalization on the portion that is substantially completed and occupied or held available for occupancy, and capitalize only those costs associated with the portion under construction.

Expenditures directly related to the leasing of properties are included in deferred financing and leasing costs and are stated at amortized cost. Such expenditures are part of the investment necessary to execute leases and, therefore, are classified as investment activities in the statement of cash flows. All leasing commissions paid to third parties for new leases or lease renewals are capitalized. Internal leasing costs include primarily compensation, benefits and other costs, such as legal fees related to leasing activities, that are incurred in connection with successfully securing leases of properties. Capitalized leasing costs are amortized on a straight-line basis over the initial fixed terms of the respective leases, which generally are from three to 10 years. Estimated costs related to unsuccessful activities are expensed as incurred.

We record liabilities for the performance of asset retirement activities when the obligation to perform such activities is probable even when uncertainty exists about the timing and/or method of settlement.

Upon the acquisition of real estate assets, we assess the fair value of acquired tangible assets such as land, buildings and tenant improvements, intangible assets and liabilities such as above and below market leases, acquired in-place leases, customer relationships and other identifiable intangible assets and assumed liabilities. We assess fair value based on estimated cash flow projections that utilize discount and/or capitalization rates as well as available market information. The fair value of the tangible assets of an acquired property considers the value of the property as if it were vacant. 

1.    Description of Business and Significant Accounting Policies – Continued

The above and below market rate portions of leases acquired in connection with property acquisitions are recorded in deferred financing and leasing costs and in accounts payable, accrued expenses and other liabilities, respectively, at fair value and amortized into rental revenue over the remaining term of the respective leases as described below. Fair value is calculated as the present value of the difference between (1) the contractual amounts to be paid pursuant to each in-place lease and (2) our estimate of fair market lease rates for each corresponding in-place lease, using a discount rate that reflects the risks associated with the leases acquired and measured over a period equal to the remaining initial term of the lease for above-market leases and the remaining initial term plus the term of any renewal option that the customer would be economically compelled to exercise for below-market leases.

In-place leases acquired are recorded at fair value in deferred financing and leasing costs and are amortized to depreciation and amortization expense over the remaining term of the respective lease. The value of in-place leases is based on our evaluation of the specific characteristics of each customer's lease. Factors considered include estimates of carrying costs during hypothetical expected lease-up periods, current market conditions, the customer's credit quality and costs to execute similar leases. In estimating carrying costs, we include real estate taxes, insurance and other operating expenses and estimates of lost rentals at market rates during the expected lease-up periods, depending on local market conditions. In estimating costs to execute similar leases, we consider tenant improvements, leasing commissions and legal and other related expenses.
 
Real estate and other assets are classified as long-lived assets held for use or as long-lived assets held for sale. Real estate is classified as held for sale when the sale of the asset has been duly approved by the Company, a legally enforceable contract has been executed and the buyer's due diligence period has expired.

Impairments of Real Estate Assets and Investments in Unconsolidated Affiliates

With respect to assets classified as held for use, we perform an impairment analysis if events or changes in circumstances indicate that the carrying value may be impaired, such as a significant decline in occupancy, identification of materially adverse legal or environmental factors, change in our designation of an asset from core to non-core which impacts the anticipated holding period or a decline in market value to an amount less than cost. This analysis is generally performed at the property level, except when an asset is part of an interdependent group such as an office park, and consists of determining whether the asset's carrying amount will be recovered from its undiscounted estimated future operating and residual cash flows. These cash flows are estimated based on a number of assumptions that are subject to economic and market uncertainties including, among others, demand for space, competition for customers, changes in market rental rates, costs to operate each property and expected ownership periods. For properties under development, the cash flows are based on expected service potential of the asset or asset group when development is substantially complete.
 
If the carrying amount of a held for use asset exceeds the sum of its undiscounted future operating and residual cash flows, an impairment loss is recorded for the difference between estimated fair value of the asset and the carrying amount. We generally estimate the fair value of assets held for use by using discounted cash flow analyses. In some instances, appraisal information may be available and is used in addition to a discounted cash flow analysis. As the factors used in generating these cash flows are difficult to predict and are subject to future events that may alter our assumptions, the discounted and/or undiscounted future operating and residual cash flows estimated by us in our impairment analyses or those established by appraisal may not be achieved and we may be required to recognize future impairment losses on our properties held for use.
 
We record assets held for sale, including for-sale residential condominiums, at the lower of the carrying amount or estimated fair value. Fair value of assets held for sale is equal to the estimated or contracted sales price with a potential buyer, less costs to sell. The impairment loss is the amount by which the carrying amount exceeds the estimated fair value.
 
We also analyze our investments in unconsolidated affiliates for impairment. This analysis consists of determining whether an expected loss in market value of an investment is other than temporary by evaluating the length of time and the extent to which the market value has been less than cost, the financial condition and near-term prospects of the investee, and our intent and ability to retain our investment for a period of time sufficient to allow for any anticipated recovery in market value. As the factors used in this analysis are difficult to predict and are subject to future events that may alter our assumptions, we may be required to recognize future impairment losses on our investments in unconsolidated affiliates.


1.    Description of Business and Significant Accounting Policies – Continued

Sales of Real Estate
 
For sales transactions meeting the requirements for full profit recognition, the related assets and liabilities are removed from the balance sheet and the resultant gain or loss is recorded in the period the transaction closes. For sales transactions with continuing involvement after the sale, if the continuing involvement with the property is limited by the terms of the sales contract, profit is recognized at the time of sale and is reduced by the maximum exposure to loss related to the nature of the continuing involvement. Sales to entities in which we have or receive an interest are accounted for using partial sale accounting.
 
For transactions that do not meet the criteria for a sale, we evaluate the nature of the continuing involvement, including put and call provisions, if present, and account for the transaction as a financing arrangement, profit-sharing arrangement, leasing arrangement or other alternate method of accounting, rather than as a sale, based on the nature and extent of the continuing involvement. Some transactions may have numerous forms of continuing involvement. In those cases, we determine which method is most appropriate based on the substance of the transaction.

Rental and Other Revenues
 
Minimum contractual rents from leases are recognized on a straight-line basis over the terms of the respective leases. This means that, with respect to a particular lease, actual amounts billed in accordance with the lease during any given period may be higher or lower than the amount of rental revenue recognized for the period. Straight-line rental revenue is commenced when the customer assumes control of the leased premises. Accrued straight-line rents receivable represents the amount by which straight-line rental revenue exceeds rents currently billed in accordance with lease agreements. Contingent rental revenue, such as percentage rent, is accrued when the contingency is removed. Termination fee income is recognized at the later of when the customer has vacated the space or the lease has expired and a fully executed lease termination agreement has been delivered, the amount of the fee is determinable and collectability of the fee is reasonably assured. Rental revenue reductions related to co-tenancy lease provisions, if any, are accrued when events have occurred that trigger such provisions.

Cost recovery income is determined on a calendar year and a lease-by-lease basis. The most common types of cost recovery income in our leases are common area maintenance (“CAM”) and real estate taxes, for which the customer pays its pro-rata share of operating and administrative expenses and real estate taxes in excess of a base year amount. The computation of cost recovery income is complex and involves numerous judgments, including the interpretation of terms and other customer lease provisions. Leases are not uniform in dealing with such cost recovery income and there are many variations in the computation. Many customers make monthly fixed payments of CAM, real estate taxes and other cost reimbursement items. We accrue income related to these payments each month. We make quarterly accrual adjustments, positive or negative, to cost recovery income to adjust the recorded amounts to our best estimate of the final annual amounts to be billed and collected. After the end of the calendar year, we compute each customer's final cost recovery income and, after considering amounts paid by the customer during the year, issue a bill or credit for the appropriate amount to the customer. The differences between the amounts billed less previously received payments and the accrual adjustment are recorded as increases or decreases to cost recovery income when the final bills are prepared, which occurs during the first half of the subsequent year.
 
Allowance for Doubtful Accounts
 
Accounts receivable, accrued straight-line rents receivable and mortgages and notes receivable are reduced by an allowance for amounts that may become uncollectible in the future. We regularly evaluate the adequacy of our allowance for doubtful accounts. The evaluation primarily consists of reviewing past due account balances and considering such factors as the credit quality of our customer, historical trends of the customer and changes in customer payment terms. Additionally, with respect to customers in bankruptcy, we estimate the probable recovery through bankruptcy claims and adjust the allowance for amounts deemed uncollectible. If our assumptions regarding the collectability of receivables prove incorrect, we could experience losses in excess of our allowance for doubtful accounts. The allowance and its related receivable are written-off when we have concluded there is a low probability of collection and we have discontinued collection efforts.


1.    Description of Business and Significant Accounting Policies – Continued
 
Discontinued Operations
 
Properties that are sold or classified as held for sale are classified as discontinued operations provided that (1) the operations and cash flows of the property will be eliminated from our ongoing operations and (2) we will not have any significant continuing involvement in the operations of the property after it is sold. Interest expense is included in discontinued operations if the related loan securing the sold property is to be paid off or assumed by the buyer in connection with the sale. If the property is sold to a joint venture in which we retain an interest, the property will not be accounted for as a discontinued operation due to our significant ongoing interest in the operations through our joint venture interest. If we are retained to provide property management, leasing and/or other services for the property owner after the sale, the property generally will be accounted for as a discontinued operation because the expected cash flows related to our management and leasing activities generally will not be significant in comparison to the cash flows from the property prior to sale.
 
Lease Incentives
 
Lease incentive costs, which are payments made to or on behalf of a customer as an incentive to sign the lease, are capitalized in deferred financing and leasing costs and amortized on a straight-line basis over the respective lease terms as a reduction of rental revenues.
 
For-Sale Residential Condominiums
 
For-sale residential condominiums include completed, but unsold, condominium inventory. We initially record receipts of earnest money deposits in accounts payable, accrued expenses and other liabilities in accordance with the deposit method. We then record completed sales when units close and the remaining net cash is received. All for-sale residential condominiums were sold as of December 31, 2012.

Investments in Unconsolidated Affiliates
 
We account for our investments in less than majority owned joint ventures, partnerships and limited liability companies using the equity method of accounting when our interests represent a general partnership interest but substantive participating rights or substantive kick out rights have been granted to the limited partners or when our interests do not represent a general partnership interest and we do not control the major operating and financial policies of the entity. These investments are initially recorded at cost in investments in unconsolidated affiliates and are subsequently adjusted for our share of earnings and cash contributions and distributions. To the extent our cost basis at formation of the joint venture is different than the basis reflected at the joint venture level, the basis difference is amortized over the life of the related assets and included in our share of equity in earnings of unconsolidated affiliates.
 
Cash Equivalents
 
We consider highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents.
Restricted Cash
 
Restricted cash represents cash deposits that are legally restricted or held by third parties on our behalf, such as construction-related escrows, property disposition proceeds set aside and designated or intended to fund future tax-deferred exchanges of qualifying real estate investments, escrows and reserves for debt service, real estate taxes and property insurance established pursuant to certain mortgage financing arrangements and any deposits made with lenders to unencumber secured properties.
 
Income Taxes
 
We have elected and expect to continue to qualify as a REIT under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the “Code”). A corporate REIT is a legal entity that holds real estate assets and, through the payment of dividends to stockholders, is generally permitted to reduce or avoid the payment of federal and state income taxes at the corporate level. To maintain qualification as a REIT, we are required to pay dividends to our stockholders equal to at least 90.0% of our annual REIT taxable income, excluding net capital gains.

1.    Description of Business and Significant Accounting Policies – Continued
We conduct certain business activities through a taxable REIT subsidiary, as permitted under the Code. The taxable REIT subsidiary is subject to federal, state and local income taxes on its taxable income. We record provisions for income taxes based on its income recognized for financial statement purposes, including the effects of temporary differences between such income and the amount recognized for tax purposes.
 
Concentration of Credit Risk
 
At December 31, 2012, our Wholly Owned Properties were leased to 1,711 customers. The geographic locations that comprise greater than 10.0% of our rental and other revenues are Raleigh, NC, Atlanta, GA, Tampa, FL, Nashville, TN and Kansas City, MO. Our customers engage in a wide variety of businesses. No single customer of the Wholly Owned Properties generated more than 10.0% of our consolidated revenues during 2012.

We maintain our cash and cash equivalents and our restricted cash at financial or other intermediary institutions. The combined account balances at each institution may exceed FDIC insurance coverage and, as a result, there is a concentration of credit risk related to amounts on deposit in excess of FDIC insurance coverage. Additionally, from time to time in connection with tax-deferred 1031 transactions, our restricted cash balances may be commingled with other funds being held by any such intermediary institution which subjects our balance to the credit risk of the institution.

Derivative Financial Instruments
 
We borrow funds at a combination of fixed and variable rates. Borrowings under our revolving credit facility and bank term loans bear interest at variable rates. Our long-term debt, which consists of secured and unsecured long-term financings and the issuance of unsecured debt securities, typically bears interest at fixed rates although some loans bear interest at variable rates. Our interest rate risk management objectives are to limit the impact of interest rate changes on earnings and cash flows and to lower our overall borrowing costs. To achieve these objectives, from time to time, we enter into interest rate hedge contracts such as collars, swaps, caps and treasury lock agreements in order to mitigate our interest rate risk with respect to various debt instruments. We do not hold or issue these derivative contracts for trading or speculative purposes. The interest rate on all of our variable rate debt is generally adjusted at one or three month intervals, subject to settlements under these interest rate hedge contracts. We also enter into treasury lock and similar agreements from time to time in order to limit our exposure to an increase in interest rates with respect to future debt offerings.
 
Interest rate swaps involve the receipt of variable-rate amounts from a counterparty in exchange for making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in accumulated other comprehensive loss ("AOCL") and is subsequently reclassified into interest expense in the period that the hedged forecasted transaction affects earnings. Interest rate hedge contracts typically contain a provision whereby if we default on any of our indebtedness, we could also be declared in default on our hedge contracts.

We account for terminated derivative instruments by recognizing the related accumulated comprehensive income/loss balance in current earnings, unless the hedged forecasted transaction continues as originally planned, in which case we continue to amortize the accumulated comprehensive income/loss into earnings over the originally designated hedge period.
Earnings Per Share
 
Basic earnings per share is computed by dividing net income available for common stockholders by the weighted Common Shares outstanding - basic. Diluted earnings per share is computed by dividing net income available to common stockholders plus noncontrolling interests in the Operating Partnership by the weighted Common Shares outstanding - basic plus the dilutive effect of options, warrants and convertible securities outstanding, including Common Units, using the treasury stock method. Weighted Common Shares outstanding - basic includes all unvested restricted stock since dividends received on such restricted stock are non-forfeitable.


1.    Description of Business and Significant Accounting Policies – Continued
Recently Issued Accounting Standards
 
As a result of adopting certain new or amended accounting pronouncements in the first quarter of 2012, we have enhanced our disclosure of assets and liabilities measured at fair value and elected to continue use of credit valuation adjustments on a net basis by counterparty as part of the calculation to determine the fair value of our derivatives. Our disclosures now include: (1) significant transfers between Levels 1 and 2 of the fair value hierarchy, if any; (2) additional quantitative and qualitative information regarding fair value measurements categorized as Level 3 of the fair value hierarchy; and (3) the hierarchy classification for items whose fair value is not recorded on our Consolidated Balance Sheets but was disclosed previously in our Notes to Consolidated Financial Statements. Additionally, we have presented comprehensive income in a separate financial statement entitled Consolidated Statements of Comprehensive Income.
Description of Business and Significant Accounting Policies 
Description of Business and Significant Accounting Policies

Highwoods Properties, Inc., together with its consolidated subsidiaries (the “Company”), is a fully-integrated, self-administered and self-managed equity real estate investment trust (“REIT”) that provides leasing, management, development, construction and other customer-related services for its properties and for third parties. The Company conducts virtually all of its activities through Highwoods Realty Limited Partnership (the “Operating Partnership”). At December 31, 2012, the Company and/or the Operating Partnership wholly owned: 301 in-service office, industrial and retail properties, comprising 29.7 million square feet; 649 acres of undeveloped land suitable for future development, of which 566 acres are considered core assets; and one office development property. In addition, we owned interests (50.0% or less) in 32 in-service office properties, a rental residential development property and 11 acres of undeveloped land suitable for future development, which includes a 12.5% interest in a 261,000 square foot office property directly owned by the Company (not included in the Operating Partnership’s Consolidated Financial Statements).

The Company is the sole general partner of the Operating Partnership. At December 31, 2012, the Company owned all of the Preferred Units and 79.9 million, or 95.6%, of the Common Units in the Operating Partnership. Limited partners, including two directors of the Company, own the remaining 3.7 million Common Units. In the event the Company issues shares of Common Stock, the net proceeds of the issuance are contributed to the Operating Partnership in exchange for additional Common Units. Generally, the Operating Partnership is required to redeem each Common Unit at the request of the holder thereof for cash equal to the value of one share of the Company’s Common Stock, $0.01 par value, based on the average of the market price for the 10 trading days immediately preceding the notice date of such redemption, provided that the Company at its option may elect to acquire any such Common Units presented for redemption for cash or one share of Common Stock. The Common Units owned by the Company are not redeemable. During 2012, the Company redeemed 63,366 Common Units for a like number of shares of Common Stock and the Operating Partnership issued 66,864 Common Units to acquire real estate assets. As a result of this activity, in conjunction with the proceeds from issuances of Common Stock contributed to the Operating Partnership in exchange for additional Common Units, the percentage of Common Units owned by the Company increased from 95.1% at December 31, 2011 to 95.6% at December 31, 2012.

Basis of Presentation

Our Consolidated Financial Statements are prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”). Our Consolidated Balance Sheet at December 31, 2011 was retrospectively revised from previously reported amounts to reflect in real estate and other assets, net, held for sale and liabilities held for sale those properties which qualified as held for sale during 2012. Our Consolidated Statements of Income for the years ended December 31, 2011 and 2010 were retrospectively revised from previously reported amounts to reflect in discontinued operations the operations for those properties that qualified for discontinued operations during 2012. Prior period amounts related to capital expenditures in our Consolidated Statements of Cash Flows have been disaggregated to conform to the current period presentation.

The Consolidated Financial Statements include wholly owned subsidiaries and those subsidiaries in which we own a majority voting interest with the ability to control operations of the subsidiaries and where no substantive participating rights or substantive kick out rights have been granted to the noncontrolling interests. We consolidate partnerships, joint ventures and limited liability companies when we control the major operating and financial policies of the entity through majority ownership or in our capacity as general partner or managing member. Five of the 50.0% or less owned in-service office properties are consolidated. In addition, we consolidate those entities deemed to be variable interest entities in which we are determined to be the primary beneficiary. At December 31, 2012, we had involvement with, but are not the primary beneficiary in, an entity that we concluded to be a variable interest entity (see Note 3). All intercompany transactions and accounts have been eliminated.


1.    Description of Business and Significant Accounting Policies – Continued

Use of Estimates

The preparation of consolidated financial statements in accordance with GAAP requires us to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates.

Real Estate and Related Assets

Real estate and related assets are recorded at cost and stated at cost less accumulated depreciation. Renovations, replacements and other expenditures that improve or extend the life of assets are capitalized and depreciated over their estimated useful lives. Expenditures for ordinary maintenance and repairs are charged to expense as incurred. Depreciation is computed using the straight-line method over the estimated useful life of 40 years for buildings and depreciable land infrastructure costs, 15 years for building improvements and five to seven years for furniture, fixtures and equipment. Tenant improvements are amortized using the straight-line method over initial fixed terms of the respective leases, which generally are from three to 10 years. Depreciation expense for real estate assets was $129.0 million, $120.8 million and $117.6 million for the years ended December 31, 2012, 2011 and 2010, respectively.

Expenditures directly related to the development and construction of real estate assets are included in net real estate assets and are stated at depreciated cost. Development expenditures include pre-construction costs essential to the development of properties, development and construction costs, interest costs on qualifying assets, real estate taxes, development personnel salaries and related costs and other costs incurred during the period of development. Interest and other carrying costs are capitalized until the building is ready for its intended use, but not later than one year from cessation of major construction activity. We consider a construction project as substantially completed and ready for its intended use upon the completion of tenant improvements. We cease capitalization on the portion that is substantially completed and occupied or held available for occupancy, and capitalize only those costs associated with the portion under construction.

Expenditures directly related to the leasing of properties are included in deferred financing and leasing costs and are stated at amortized cost. Such expenditures are part of the investment necessary to execute leases and, therefore, are classified as investment activities in the statement of cash flows. All leasing commissions paid to third parties for new leases or lease renewals are capitalized. Internal leasing costs include primarily compensation, benefits and other costs, such as legal fees related to leasing activities, that are incurred in connection with successfully securing leases of properties. Capitalized leasing costs are amortized on a straight-line basis over the initial fixed terms of the respective leases, which generally are from three to 10 years. Estimated costs related to unsuccessful activities are expensed as incurred.

We record liabilities for the performance of asset retirement activities when the obligation to perform such activities is probable even when uncertainty exists about the timing and/or method of settlement.

Upon the acquisition of real estate assets, we assess the fair value of acquired tangible assets such as land, buildings and tenant improvements, intangible assets and liabilities such as above and below market leases, acquired in-place leases, customer relationships and other identifiable intangible assets and assumed liabilities. We assess fair value based on estimated cash flow projections that utilize discount and/or capitalization rates as well as available market information. The fair value of the tangible assets of an acquired property considers the value of the property as if it were vacant. 

The above and below market rate portions of leases acquired in connection with property acquisitions are recorded in deferred financing and leasing costs and in accounts payable, accrued expenses and other liabilities, respectively, at fair value and amortized into rental revenue over the remaining term of the respective leases as described below. Fair value is calculated as the present value of the difference between (1) the contractual amounts to be paid pursuant to each in-place lease and (2) our estimate of fair market lease rates for each corresponding in-place lease, using a discount rate that reflects the risks associated with the leases acquired and measured over a period equal to the remaining initial term of the lease for above-market leases and the remaining initial term plus the term of any renewal option that the customer would be economically compelled to exercise for below-market leases.


1.    Description of Business and Significant Accounting Policies – Continued

In-place leases acquired are recorded at fair value in deferred financing and leasing costs and are amortized to depreciation and amortization expense over the remaining term of the respective lease. The value of in-place leases is based on our evaluation of the specific characteristics of each customer's lease. Factors considered include estimates of carrying costs during hypothetical expected lease-up periods, current market conditions, the customer's credit quality and costs to execute similar leases. In estimating carrying costs, we include real estate taxes, insurance and other operating expenses and estimates of lost rentals at market rates during the expected lease-up periods, depending on local market conditions. In estimating costs to execute similar leases, we consider tenant improvements, leasing commissions and legal and other related expenses.
 
Real estate and other assets are classified as long-lived assets held for use or as long-lived assets held for sale. Real estate is classified as held for sale when the sale of the asset has been duly approved by the Company, a legally enforceable contract has been executed and the buyer's due diligence period has expired.

Impairments of Real Estate Assets and Investments in Unconsolidated Affiliates

With respect to assets classified as held for use, we perform an impairment analysis if events or changes in circumstances indicate that the carrying value may be impaired, such as a significant decline in occupancy, identification of materially adverse legal or environmental factors, change in our designation of an asset from core to non-core which impacts the anticipated holding period or a decline in market value to an amount less than cost. This analysis is generally performed at the property level, except when an asset is part of an interdependent group such as an office park, and consists of determining whether the asset's carrying amount will be recovered from its undiscounted estimated future operating and residual cash flows. These cash flows are estimated based on a number of assumptions that are subject to economic and market uncertainties including, among others, demand for space, competition for customers, changes in market rental rates, costs to operate each property and expected ownership periods. For properties under development, the cash flows are based on expected service potential of the asset or asset group when development is substantially complete.
 
If the carrying amount of a held for use asset exceeds the sum of its undiscounted future operating and residual cash flows, an impairment loss is recorded for the difference between estimated fair value of the asset and the carrying amount. We generally estimate the fair value of assets held for use by using discounted cash flow analyses. In some instances, appraisal information may be available and is used in addition to a discounted cash flow analysis. As the factors used in generating these cash flows are difficult to predict and are subject to future events that may alter our assumptions, the discounted and/or undiscounted future operating and residual cash flows estimated by us in our impairment analyses or those established by appraisal may not be achieved and we may be required to recognize future impairment losses on our properties held for use.
 
We record assets held for sale, including for-sale residential condominiums, at the lower of the carrying amount or estimated fair value. Fair value of assets held for sale is equal to the estimated or contracted sales price with a potential buyer, less costs to sell. The impairment loss is the amount by which the carrying amount exceeds the estimated fair value.
 
We also analyze our investments in unconsolidated affiliates for impairment. This analysis consists of determining whether an expected loss in market value of an investment is other than temporary by evaluating the length of time and the extent to which the market value has been less than cost, the financial condition and near-term prospects of the investee, and our intent and ability to retain our investment for a period of time sufficient to allow for any anticipated recovery in market value. As the factors used in this analysis are difficult to predict and are subject to future events that may alter our assumptions, we may be required to recognize future impairment losses on our investments in unconsolidated affiliates.

Sales of Real Estate
 
For sales transactions meeting the requirements for full profit recognition, the related assets and liabilities are removed from the balance sheet and the resultant gain or loss is recorded in the period the transaction closes. For sales transactions with continuing involvement after the sale, if the continuing involvement with the property is limited by the terms of the sales contract, profit is recognized at the time of sale and is reduced by the maximum exposure to loss related to the nature of the continuing involvement. Sales to entities in which we have or receive an interest are accounted for using partial sale accounting.


1.    Description of Business and Significant Accounting Policies – Continued
 
For transactions that do not meet the criteria for a sale, we evaluate the nature of the continuing involvement, including put and call provisions, if present, and account for the transaction as a financing arrangement, profit-sharing arrangement, leasing arrangement or other alternate method of accounting, rather than as a sale, based on the nature and extent of the continuing involvement. Some transactions may have numerous forms of continuing involvement. In those cases, we determine which method is most appropriate based on the substance of the transaction.

Rental and Other Revenues
 
Minimum contractual rents from leases are recognized on a straight-line basis over the terms of the respective leases. This means that, with respect to a particular lease, actual amounts billed in accordance with the lease during any given period may be higher or lower than the amount of rental revenue recognized for the period. Straight-line rental revenue is commenced when the customer assumes control of the leased premises. Accrued straight-line rents receivable represents the amount by which straight-line rental revenue exceeds rents currently billed in accordance with lease agreements. Contingent rental revenue, such as percentage rent, is accrued when the contingency is removed. Termination fee income is recognized at the later of when the customer has vacated the space or the lease has expired and a fully executed lease termination agreement has been delivered, the amount of the fee is determinable and collectability of the fee is reasonably assured. Rental revenue reductions related to co-tenancy lease provisions, if any, are accrued when events have occurred that trigger such provisions.

Cost recovery income is determined on a calendar year and a lease-by-lease basis. The most common types of cost recovery income in our leases are common area maintenance (“CAM”) and real estate taxes, for which the customer pays its pro-rata share of operating and administrative expenses and real estate taxes in excess of a base year amount. The computation of cost recovery income is complex and involves numerous judgments, including the interpretation of terms and other customer lease provisions. Leases are not uniform in dealing with such cost recovery income and there are many variations in the computation. Many customers make monthly fixed payments of CAM, real estate taxes and other cost reimbursement items. We accrue income related to these payments each month. We make quarterly accrual adjustments, positive or negative, to cost recovery income to adjust the recorded amounts to our best estimate of the final annual amounts to be billed and collected. After the end of the calendar year, we compute each customer's final cost recovery income and, after considering amounts paid by the customer during the year, issue a bill or credit for the appropriate amount to the customer. The differences between the amounts billed less previously received payments and the accrual adjustment are recorded as increases or decreases to cost recovery income when the final bills are prepared, which occurs during the first half of the subsequent year.
 
Allowance for Doubtful Accounts
 
Accounts receivable, accrued straight-line rents receivable and mortgages and notes receivable are reduced by an allowance for amounts that may become uncollectible in the future. We regularly evaluate the adequacy of our allowance for doubtful accounts. The evaluation primarily consists of reviewing past due account balances and considering such factors as the credit quality of our customer, historical trends of the customer and changes in customer payment terms. Additionally, with respect to customers in bankruptcy, we estimate the probable recovery through bankruptcy claims and adjust the allowance for amounts deemed uncollectible. If our assumptions regarding the collectability of receivables prove incorrect, we could experience losses in excess of our allowance for doubtful accounts. The allowance and its related receivable are written-off when we have concluded there is a low probability of collection and we have discontinued collection efforts.
 
Discontinued Operations
 
Properties that are sold or classified as held for sale are classified as discontinued operations provided that (1) the operations and cash flows of the property will be eliminated from our ongoing operations and (2) we will not have any significant continuing involvement in the operations of the property after it is sold. Interest expense is included in discontinued operations if the related loan securing the sold property is to be paid off or assumed by the buyer in connection with the sale. If the property is sold to a joint venture in which we retain an interest, the property will not be accounted for as a discontinued operation due to our significant ongoing interest in the operations through our joint venture interest. If we are retained to provide property management, leasing and/or other services for the property owner after the sale, the property generally will be accounted for as a discontinued operation because the expected cash flows related to our management and leasing activities generally will not be significant in comparison to the cash flows from the property prior to sale.

1.    Description of Business and Significant Accounting Policies – Continued
 
Lease Incentives
 
Lease incentive costs, which are payments made to or on behalf of a customer as an incentive to sign the lease, are capitalized in deferred financing and leasing costs and amortized on a straight-line basis over the respective lease terms as a reduction of rental revenues.
 
For-Sale Residential Condominiums
 
For-sale residential condominiums include completed, but unsold, condominium inventory. We initially record receipts of earnest money deposits in accounts payable, accrued expenses and other liabilities in accordance with the deposit method. We then record completed sales when units close and the remaining net cash is received. All for-sale residential condominiums were sold as of December 31, 2012.
 
Investments in Unconsolidated Affiliates
 
We account for our investments in less than majority owned joint ventures, partnerships and limited liability companies using the equity method of accounting when our interests represent a general partnership interest but substantive participating rights or substantive kick out rights have been granted to the limited partners or when our interests do not represent a general partnership interest and we do not control the major operating and financial policies of the entity. These investments are initially recorded at cost in investments in unconsolidated affiliates and are subsequently adjusted for our share of earnings and cash contributions and distributions. To the extent our cost basis at formation of the joint venture is different than the basis reflected at the joint venture level, the basis difference is amortized over the life of the related assets and included in our share of equity in earnings of unconsolidated affiliates.
 
Cash Equivalents
 
We consider highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents.
 
Restricted Cash
 
Restricted cash represents cash deposits that are legally restricted or held by third parties on our behalf, such as construction-related escrows, property disposition proceeds set aside and designated or intended to fund future tax-deferred exchanges of qualifying real estate investments, escrows and reserves for debt service, real estate taxes and property insurance established pursuant to certain mortgage financing arrangements and any deposits made with lenders to unencumber secured properties.
 
Redeemable Common Units and Preferred Units
 
Limited partners holding Common Units other than the Company (“Redeemable Common Units”) have the right to put any and all of the Common Units to the Operating Partnership and the Company has the right to put any and all of the Preferred Units to the Operating Partnership in exchange for their liquidation preference plus accrued and unpaid distributions in the event of a corresponding redemption by the Company of the underlying Preferred Stock. Consequently, these Redeemable Common Units and Preferred Units are classified outside of permanent partners’ capital in the accompanying balance sheet. The recorded value of the Redeemable Common Units is based on fair value at the balance sheet date as measured by the closing price of Common Stock on that date multiplied by the total number of Redeemable Common Units outstanding. The recorded value of the Preferred Units is based on their redemption value.

Income Taxes

The Company has elected and expects to continue to qualify as a REIT under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the “Code”). A corporate REIT is a legal entity that holds real estate assets and, through the payment of dividends to stockholders, is generally permitted to reduce or avoid the payment of federal and state income taxes at the corporate level. To maintain qualification as a REIT, the Company is required to pay dividends to its stockholders equal to at least 90.0% of its annual REIT taxable income, excluding net capital gains. The partnership agreement requires the Operating Partnership to pay economically equivalent distributions on outstanding Common Units at the same time that the Company pays dividends on its outstanding Common Stock.


1.    Description of Business and Significant Accounting Policies – Continued

Other than income taxes related to its taxable REIT subsidiary, the Operating Partnership does not reflect any federal income taxes in its financial statements, since as a partnership the taxable effects of its operations are attributed to its partners. The Operating Partnership does record state income tax for states that tax partnership income directly.

Concentration of Credit Risk
  
At December 31, 2012, our Wholly Owned Properties were leased to 1,711 customers. The geographic locations that comprise greater than 10.0% of our rental and other revenues are Raleigh, NC, Atlanta, GA, Tampa, FL, Nashville, TN and Kansas City, MO. Our customers engage in a wide variety of businesses. No single customer of the Wholly Owned Properties generated more than 10.0% of our consolidated revenues during 2012.

We maintain our cash and cash equivalents and our restricted cash at financial or other intermediary institutions. The combined account balances at each institution may exceed FDIC insurance coverage and, as a result, there is a concentration of credit risk related to amounts on deposit in excess of FDIC insurance coverage. Additionally, from time to time in connection with tax-deferred 1031 transactions, our restricted cash balances may be commingled with other funds being held by any such intermediary institution which subjects our balance to the credit risk of the institution.

Derivative Financial Instruments
 
We borrow funds at a combination of fixed and variable rates. Borrowings under our revolving credit facility and bank term loans bear interest at variable rates. Our long-term debt, which consists of secured and unsecured long-term financings and the issuance of unsecured debt securities, typically bears interest at fixed rates although some loans bear interest at variable rates. Our interest rate risk management objectives are to limit the impact of interest rate changes on earnings and cash flows and to lower our overall borrowing costs. To achieve these objectives, from time to time, we enter into interest rate hedge contracts such as collars, swaps, caps and treasury lock agreements in order to mitigate our interest rate risk with respect to various debt instruments. We do not hold or issue these derivative contracts for trading or speculative purposes. The interest rate on all of our variable rate debt is generally adjusted at one or three month intervals, subject to settlements under these interest rate hedge contracts. We also enter into treasury lock and similar agreements from time to time in order to limit our exposure to an increase in interest rates with respect to future debt offerings.
 
Interest rate swaps involve the receipt of variable-rate amounts from a counterparty in exchange for making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in accumulated other comprehensive loss ("AOCL") and is subsequently reclassified into interest expense in the period that the hedged forecasted transaction affects earnings. Interest rate hedge contracts typically contain a provision whereby if we default on any of our indebtedness, we could also be declared in default on our hedge contracts.

We account for terminated derivative instruments by recognizing the related accumulated comprehensive income/loss balance in current earnings, unless the hedged forecasted transaction continues as originally planned, in which case we continue to amortize the accumulated comprehensive income/loss into earnings over the originally designated hedge period.

Earnings Per Unit
 
Basic earnings per unit is computed by dividing net income available for common unitholders by the weighted Common Units outstanding - basic. Diluted earnings per unit is computed by dividing net income available to common unitholders by the weighted Common Units outstanding - basic plus the dilutive effect of options and warrants, using the treasury stock method. Weighted Common Units outstanding - basic include all of the Company's unvested restricted stock since dividends received on such restricted stock are non-forfeitable.


1.    Description of Business and Significant Accounting Policies – Continued
 
Recently Issued Accounting Standards
 
As a result of adopting certain new or amended accounting pronouncements in the first quarter of 2012, we have enhanced our disclosure of assets and liabilities measured at fair value and elected to continue use of credit valuation adjustments on a net basis by counterparty as part of the calculation to determine the fair value of our derivatives. Our disclosures now include: (1) significant transfers between Levels 1 and 2 of the fair value hierarchy, if any; (2) additional quantitative and qualitative information regarding fair value measurements categorized as Level 3 of the fair value hierarchy; and (3) the hierarchy classification for items whose fair value is not recorded on our Consolidated Balance Sheets but was disclosed previously in our Notes to Consolidated Financial Statements. Additionally, we have presented comprehensive income in a separate financial statement entitled Consolidated Statements of Comprehensive Income.
Real Estate Assets
Real Estate Assets 
Real Estate Assets

Acquisitions

During 2012, we acquired:

•
a 492,000 square foot office property in Atlanta, GA for a purchase price of $144.9 million;

•
a 616,000 square foot office property in Pittsburgh, PA for a purchase price of $91.2 million;

•
three medical office properties in Greensboro, NC for a purchase price of $29.6 million, which consisted of the issuance of 66,864 Common Units to noncontrolling interests, contingent consideration with fair value at the acquisition date of $0.7 million, and the assumption of secured debt due August 2014 recorded at fair value of $7.9 million, with an effective interest rate of 4.06%;

•
a 178,300 square foot office property in Cary, NC from our DLF I joint venture for an agreed upon value of $26.0 million, the net proceeds of which were used to reduce the balance of the advance due to us from the joint venture; and

•
68 acres of development land currently zoned for 1.3 million square feet of future office development in Nashville, TN for a purchase price of $15.0 million.

We expensed $1.5 million of acquisition costs (included in general and administrative expenses) in 2012 related to these acquisitions. The assets acquired and liabilities assumed were recorded at fair value as determined by management based on information available at the acquisition date and on current assumptions as to future operations.  

The following table sets forth a summary of the assets acquired and liabilities assumed in the acquisition of the 492,000 square foot office building in Atlanta, GA discussed in the preceding paragraph:
 
 
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




2.     Real Estate Assets - Continued

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 the 492,000 square foot office building in Atlanta, GA discussed in the preceding paragraphs had been acquired on January 1, 2011:
 
 
Year Ended December 31,
 
2012
 
2011
 
(unaudited)
Pro forma rental and other revenues
$
530,613

 
$
479,908

Pro forma net income
$
84,135

 
$
44,817

Pro forma earnings per share - basic
$
1.02

 
$
0.49

Pro forma earnings per share - diluted
$
1.01

 
$
0.49


 
During 2011, we acquired a six-building, 1.54 million square foot office complex in Pittsburgh, PA for a purchase price of $188.5 million. The purchase price included the assumption of secured debt recorded at fair value of $124.5 million, with an effective interest rate of 4.27%, including amortization of deferred financing costs. This debt matures in November 2017. We expensed $4.0 million of costs related to this acquisition (included in general and administrative expenses). Additionally, we acquired a 503,000 square foot office building in Atlanta, GA for a purchase price of $78.3 million. The purchase price included the assumption of secured debt recorded at fair value of $67.9 million, with an effective interest rate of 5.45%, including amortization of deferred financing costs. This debt matures in January 2014. We expensed $0.3 million of costs related to this acquisition.
The following table sets forth a summary of the acquisition purchase price consideration for each major class of assets acquired and liabilities assumed in the acquisitions discussed above:
 
 
Total
Purchase Price Allocation
Real estate assets
$
241,602

Acquisition-related intangible assets (in deferred financing and leasing costs)
39,721

Furniture, fixtures and equipment (in prepaid expenses and other assets)
1,101

Acquisition-related below market lease liabilities (in accounts payable, accrued expenses and other liabilities)
(15,627
)
Total allocation
$
266,797


 
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 the 1.54 million square foot office complex in Pittsburgh, PA and the 503,000 square foot office building in Atlanta, GA discussed in the preceding paragraph had been acquired on January 1, 2010:
 
 
Year Ended December 31,
 
2011
 
2010
 
(unaudited)
Pro forma rental and other revenues
$
505,072

 
$
491,573

Pro forma net income
$
45,674

 
$
65,409

Pro forma earnings per share - basic
$
0.50

 
$
0.77

Pro forma earnings per share - diluted
$
0.50

 
$
0.77



2.     Real Estate Assets - Continued

During 2011, we also acquired a 48,000 square foot medical office property in Raleigh, NC for $8.9 million and expensed $0.1 million of acquisition costs related to this transaction.

During 2010, we acquired a 336,000 square foot office property in Memphis, TN for $52.6 million. This purchase price included the assumption of secured debt recorded at fair value of $40.3 million, with an effective interest rate of 6.43%. This debt matures in November 2015. We expensed $0.4 million of acquisition costs related to this transaction. We also acquired a 117,000 square foot office property and 32.6 acres of development land in Tampa, FL for $12.0 million. We expensed $0.2 million of acquisition costs related to this transaction. Lastly, we acquired our partner’s interest in a joint venture that owned for-sale residential condominiums for $0.5 million.

Dispositions

During 2012, we sold:

•
three non-core buildings in Jackson, MS and Atlanta, GA for a sale price of $86.5 million and recorded gain on disposition of discontinued operations of $14.0 million;

•
five non-core office properties in Nashville, TN for a sale price of $41.0 million and recorded gain on disposition of discontinued operations of $7.0 million;

•
a non-core office property in Pinellas County, FL for a sale price of $9.5 million and recorded gain on disposition of discontinued operations of $1.4 million;

•
a non-core office property in Kansas City, MO for a sale price of $6.5 million and recorded gain on disposition of discontinued operations of $1.9 million;

•
96 vacant non-core rental residential units in Kansas City, MO for a sale price of $11.0 million and recorded gain on disposition of discontinued operations of $5.1 million; and

•
17 for-sale residential condominiums in Raleigh, NC for a sale price of $5.5 million and recorded a net gain of $0.4 million. All for-sale residential condominiums were sold as of December 31, 2012.

During 2011, we sold an office property and adjacent land parcel in a single transaction in Winston-Salem, NC for $15.0 million and recorded gain on disposition of discontinued operations of $2.6 million related to the office property and gain on disposition of property of $0.3 million related to the land.

During 2010, we sold seven office properties in Winston Salem, NC and six industrial properties in Greensboro, NC in two separate transactions for $24.9 million. In the aggregate, we received cash of $7.9 million, provided seller financing of $17.0 million and committed to lend up to an additional $1.7 million for tenant improvements and lease commissions, of which $0.2 million was funded as of December 31, 2012. We have accounted for these dispositions using the installment method, whereby the $0.4 million gain on disposition of property related to the office properties has been deferred and will be recognized when the seller financing is repaid, and recorded impairment of $0.3 million related to the industrial properties. In 2010, we also recorded a completed sale in connection with the disposition of an office property in Raleigh, NC in the fourth quarter of 2009 where the buyer's limited right to compel us to repurchase the property expired and recorded a gain of $0.2 million.

Impairments

During 2011, we recorded impairments of real estate assets of $2.4 million related to two office properties located in Orlando, FL due to a change in the assumed timing of future dispositions, which reduced the future expected cash flows from the properties.
Real Estate Assets 
Real Estate Assets

Acquisitions

During 2012, we acquired:

•
a 492,000 square foot office property in Atlanta, GA for a purchase price of $144.9 million;

•
a 616,000 square foot office property in Pittsburgh, PA for a purchase price of $91.2 million;

•
three medical office properties in Greensboro, NC for a purchase price of $29.6 million, which consisted of the issuance of 66,864 Common Units, contingent consideration with fair value at the acquisition date of $0.7 million, and the assumption of secured debt due August 2014 recorded at fair value of $7.9 million, with an effective interest rate of 4.06%;

•
a 178,300 square foot office property in Cary, NC from our DLF I joint venture for an agreed upon value of $26.0 million, the net proceeds of which were used to reduce the balance of the advance due to us from the joint venture; and

•
68 acres of development land currently zoned for 1.3 million square feet of future office development in Nashville, TN for a purchase price of $15.0 million.

We expensed $1.5 million of acquisition costs (included in general and administrative expenses) in 2012 related to these acquisitions. The assets acquired and liabilities assumed were recorded at fair value as determined by management based on information available at the acquisition date and on current assumptions as to future operations.  

The following table sets forth a summary of the assets acquired and liabilities assumed in the acquisition of the 492,000 square foot office building in Atlanta, GA discussed in the preceding paragraph:
 
 
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


 

2.     Real Estate Assets - Continued

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 the 492,000 square foot office building in Atlanta, GA discussed in the preceding paragraphs had been acquired on January 1, 2011:
 
 
Year Ended December 31,
 
2012
 
2011
 
(unaudited)
Pro forma rental and other revenues
$
530,613

 
$
479,908

Pro forma net income
$
84,195

 
$
44,878

Pro forma earnings per share - basic
$
1.02

 
$
0.50

Pro forma earnings per share - diluted
$
1.02

 
$
0.50


 
During 2011, we acquired a six-building, 1.54 million square foot office complex in Pittsburgh, PA for a purchase price of $188.5 million. The purchase price included the assumption of secured debt recorded at fair value of $124.5 million, with an effective interest rate of 4.27%, including amortization of deferred financing costs. This debt matures in November 2017. We expensed $4.0 million of costs related to this acquisition (included in general and administrative expenses). Additionally, we acquired a 503,000 square foot office building in Atlanta, GA for a purchase price of $78.3 million. The purchase price included the assumption of secured debt recorded at fair value of $67.9 million, with an effective interest rate of 5.45%, including amortization of deferred financing costs. This debt matures in January 2014. We expensed $0.3 million of costs related to this acquisition.
 
The following table sets forth a summary of the acquisition purchase price consideration for each major class of assets acquired and liabilities assumed in the acquisitions discussed above:
 
 
Total
Purchase Price Allocation
Real estate assets
$
241,602

Acquisition-related intangible assets (in deferred financing and leasing costs)
39,721

Furniture, fixtures and equipment (in prepaid expenses and other assets)
1,101

Acquisition-related below market lease liabilities (in accounts payable, accrued expenses and other liabilities)
(15,627
)
Total allocation
$
266,797


 
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 the 1.54 million square foot office complex in Pittsburgh, PA and the 503,000 square foot office building in Atlanta, GA discussed in the preceding paragraph had been acquired on January 1, 2010:
 
 
Year Ended December 31,
 
2011
 
2010
 
(unaudited)
Pro forma rental and other revenues
$
505,072

 
$
491,573

Pro forma net income
$
38,470

 
$
58,216

Pro forma earnings per share - basic
$
0.51

 
$
0.78

Pro forma earnings per share - diluted
$
0.51

 
$
0.77



2.     Real Estate Assets - Continued

During 2011, we also acquired a 48,000 square foot medical office property in Raleigh, NC for $8.9 million and expensed $0.1 million of acquisition costs related to this transaction.

During 2010, we acquired a 336,000 square foot office property in Memphis, TN for $52.6 million. This purchase price included the assumption of secured debt recorded at fair value of $40.3 million, with an effective interest rate of 6.43%. This debt matures in November 2015. We expensed $0.4 million of acquisition costs related to this transaction. We also acquired a 117,000 square foot office property and 32.6 acres of development land in Tampa, FL for $12.0 million. We expensed $0.2 million of acquisition costs related to this transaction. Lastly, we acquired our partner’s interest in a joint venture that owned for-sale residential condominiums for $0.5 million.

Dispositions

During 2012, we sold:

•
three non-core buildings in Jackson, MS and Atlanta, GA for a sale price of $86.5 million and recorded gain on disposition of discontinued operations of $14.0 million;

•
five non-core office properties in Nashville, TN for a sale price of $41.0 million and recorded gain on disposition of discontinued operations of $7.0 million;

•
a non-core office property in Pinellas County, FL for a sale price of $9.5 million and recorded gain on disposition of discontinued operations of $1.4 million;

•
a non-core office property in Kansas City, MO for a sale price of $6.5 million and recorded gain on disposition of discontinued operations of $1.9 million;

•
96 vacant non-core rental residential units in Kansas City, MO for a sale price of $11.0 million and recorded gain on disposition of discontinued operations of $5.1 million; and

•
17 for-sale residential condominiums in Raleigh, NC for a sale price of $5.5 million and recorded a net gain of $0.4 million. All for-sale residential condominiums were sold as of December 31, 2012.

During 2011, we sold an office property and adjacent land parcel in a single transaction in Winston-Salem, NC for $15.0 million and recorded gain on disposition of discontinued operations of $2.6 million related to the office property and gain on disposition of property of $0.3 million related to the land.

During 2010, we sold seven office properties in Winston Salem, NC and six industrial properties in Greensboro, NC in two separate transactions for $24.9 million. In the aggregate, we received cash of $7.9 million, provided seller financing of $17.0 million and committed to lend up to an additional $1.7 million for tenant improvements and lease commissions, of which $0.2 million was funded as of December 31, 2012. We have accounted for these dispositions using the installment method, whereby the $0.4 million gain on disposition of property related to the office properties has been deferred and will be recognized when the seller financing is repaid, and recorded impairment of $0.3 million related to the industrial properties. In 2010, we also recorded a completed sale in connection with the disposition of an office property in Raleigh, NC in the fourth quarter of 2009 where the buyer's limited right to compel us to repurchase the property expired and recorded a gain of $0.2 million.

Impairments

During 2011, we recorded impairments of real estate assets of $2.4 million related to two office properties located in Orlando, FL due to a change in the assumed timing of future dispositions, which reduced the future expected cash flows from the properties.
Mortgages and Notes Receivable
Mortgages and Notes Receivable 
Mortgages and Notes Receivable

The following table sets forth our mortgages and notes receivable:

 
December 31,
 
2012
 
2011
Seller financing (first mortgages)
$
15,853

 
$
17,180

Less allowance
—

 
—

 
15,853

 
17,180

Mortgage receivable
8,648

 
—

Less allowance
—

 
—

 
8,648

 
—

Promissory notes
1,153

 
1,481

Less allowance
(182
)
 
(61
)
 
971

 
1,420

Mortgages and notes receivable, net
$
25,472

 
$
18,600



Our mortgages and notes receivable consist primarily of seller financing issued in conjunction with two disposition transactions in 2010 (see Note 2) and acquisition financing provided to a third party buyer of adjacent development land in Nashville, TN (see below).

The seller financing is evidenced by first mortgages secured by the assignment of rents and the underlying real estate assets. We evaluate the collectability of the receivables by monitoring the leasing statistics and market fundamentals of these assets. As of December 31, 2012, the payments on both mortgages receivable were current and there were no other indicators of impairment on the receivables. We may be required to take impairment charges in the future if and to the extent the underlying collateral diminishes in value.

During 2012, we provided an $8.6 million loan to a third party, which was used by such third party to fund a portion of the purchase price to acquire 77 acres of mixed-use development land adjacent to our 68-acre office development parcel in Nashville, TN. Initially, the loan is scheduled to mature in December 2015 and bears interest at 5.0% per year. The loan can be extended by the third party for up to three additional years, subject to applicable increases in the interest rate. We also agreed to loan such third party approximately $8.4 million to fund future infrastructure development on its 77-acre development parcel. Both loans are or will be secured by the 77-acre development parcel. We concluded this arrangement to be an interest in a variable interest entity. However, since we do not have the power to direct matters that most significantly impact the activities of the entity, we do not qualify as the primary beneficiary. Accordingly, the entity is not consolidated and the arrangement is accounted for in mortgages and notes receivable in our Consolidated Balance Sheet at December 31, 2012. Our risk of loss with respect to this arrangement is limited to the carrying value of the note receivable and the future infrastructure development funding commitment.

The following table sets forth our notes receivable allowance, which relates only to promissory notes:

 
December 31,
 
2012
 
2011
Beginning notes receivable allowance
$
61

 
$
868

Bad debt expense
186

 
196

Recoveries/write-offs/other
(65
)
 
(1,003
)
Total notes receivable allowance
$
182

 
$
61


Mortgages and Notes Receivable 
Mortgages and Notes Receivable

The following table sets forth our mortgages and notes receivable:

 
December 31,
 
2012
 
2011
Seller financing (first mortgages)
$
15,853

 
$
17,180

Less allowance
—

 
—

 
15,853

 
17,180

Mortgage receivable
8,648

 
—

Less allowance
—

 
—

 
8,648

 
—

Promissory notes
1,153

 
1,481

Less allowance
(182
)
 
(61
)
 
971

 
1,420

Mortgages and notes receivable, net
$
25,472

 
$
18,600



Our mortgages and notes receivable consist primarily of seller financing issued in conjunction with two disposition transactions in 2010 (see Note 2) and acquisition financing provided to a third party buyer of adjacent development land in Nashville, TN (see below).

The seller financing is evidenced by first mortgages secured by the assignment of rents and the underlying real estate assets. We evaluate the collectability of the receivables by monitoring the leasing statistics and market fundamentals of these assets. As of December 31, 2012, the payments on both mortgages receivable were current and there were no other indicators of impairment on the receivables. We may be required to take impairment charges in the future if and to the extent the underlying collateral diminishes in value.

During 2012, we provided an $8.6 million loan to a third party, which was used by such third party to fund a portion of the purchase price to acquire 77 acres of mixed-use development land adjacent to our 68-acre office development parcel in Nashville, TN. Initially, the loan is scheduled to mature in December 2015 and bears interest at 5.0% per year. The loan can be extended by the third party for up to three additional years, subject to applicable increases in the interest rate. We also agreed to loan such third party approximately $8.4 million to fund future infrastructure development on its 77-acre development parcel. Both loans are or will be secured by the 77-acre development parcel. We concluded this arrangement to be an interest in a variable interest entity. However, since we do not have the power to direct matters that most significantly impact the activities of the entity, we do not qualify as the primary beneficiary. Accordingly, the entity is not consolidated and the arrangement is accounted for in mortgages and notes receivable in our Consolidated Balance Sheet at December 31, 2012. Our risk of loss with respect to this arrangement is limited to the carrying value of the note receivable and the future infrastructure development funding commitment.

The following table sets forth our notes receivable allowance, which relates only to promissory notes:

 
December 31,
 
2012
 
2011
Beginning notes receivable allowance
$
61

 
$
868

Bad debt expense
186

 
196

Recoveries/write-offs/other
(65
)
 
(1,003
)
Total notes receivable allowance
$
182

 
$
61





Investments In and Advances To Affiliates
Investments In and Advances To Affiliates 
Investments in and Advances to Affiliates

Unconsolidated Affiliates

We have equity interests of up to 50.0% in various joint ventures with unrelated third parties that are accounted for using the equity method of accounting because we have the ability to exercise significant influence over their operating and financing policies. As a result, the assets and liabilities of these joint ventures are not included in our Consolidated Financial Statements.

The following table sets forth our ownership in unconsolidated affiliates at December 31, 2012:

Joint Venture
 
Location of Properties
 
Ownership
Interest
Concourse Center Associates, LLC
 
Greensboro, NC
 
50.0%
Plaza Colonnade, LLC
 
Kansas City, MO
 
50.0%
Lofts at Weston, LLC
 
Raleigh, NC
 
50.0%
Board of Trade Investment Company
 
Kansas City, MO
 
49.0%
Highwoods DLF 97/26 DLF 99/32, LP
 
Atlanta, GA; Greensboro, NC; Orlando, FL
 
42.9%
Highwoods KC Glenridge Office, LLC
 
Atlanta, GA
 
40.0%
Highwoods KC Glenridge Land, LLC
 
Atlanta, GA
 
39.9%
HIW-KC Orlando, LLC
 
Orlando, FL
 
40.0%
Kessinger/Hunter, LLC
 
Kansas City, MO
 
26.5%
Highwoods DLF Forum, LLC
 
Raleigh, NC
 
25.0%
Highwoods DLF 98/29, LLC
 
Atlanta, GA; Charlotte, NC; Greensboro, NC; Raleigh, NC; Orlando, FL
 
22.8%
4600 Madison Associates, LP
 
Kansas City, MO
 
12.5%


The following table sets forth combined summarized financial information for our unconsolidated affiliates:

 
December 31,
 
2012
 
2011
Balance Sheets:
 
 
 
Assets:
 
 
 
Real estate assets, net
$
491,180

 
$
536,088

All other assets, net
113,734

 
96,944

Total Assets
$
604,914

 
$
633,032

Liabilities and Partners’ or Shareholders’ Equity:
 
 
 
Mortgages and notes payable (1)
$
370,393

 
$
406,875

All other liabilities
24,507

 
21,808

Partners’ or shareholders’ equity
210,014

 
204,349

Total Liabilities and Partners’ or Shareholders’ Equity
$
604,914

 
$
633,032

Our share of historical partners’ or shareholders’ equity
$
63,847

 
$
59,584

Advances to unconsolidated affiliate
—

 
38,323

Net excess of cost of investments over the net book value of underlying net assets (2)
2,953

 
2,460

Carrying value of investments in and advances to unconsolidated affiliates
$
66,800

 
$
100,367

Our share of unconsolidated non-recourse mortgage debt (1)
$
137,261

 
$
146,926

__________

4.    Investments in and Advances to Affiliates – Continued

(1)
Our share of scheduled future principal payments, including amortization, due on mortgages and notes payable at December 31, 2012 is as follows:
2013
$
23,458

2014
57,163

2015
21,821

2016
1,054

2017
26,452

Thereafter
7,313

 
$
137,261



All of this joint venture debt is non-recourse to us except in the case of customary exceptions pertaining to such matters as misuse of funds, environmental conditions and material misrepresentations.
(2)
This amount represents the aggregate difference between our historical cost basis and the basis reflected at the joint venture level, which is typically depreciated over the life of the related asset.

 
Year Ended December 31,
 
2012
 
2011
 
2010
Income Statements:
 
 
 
 
 
Rental and other revenues
$
101,233

 
$
100,958

 
$
119,868

Expenses:
 
 
 
 
 
Rental property and other expenses
47,762

 
44,584

 
56,868

Depreciation and amortization
25,253

 
26,430

 
31,401

Impairments of real estate assets
7,180

 
—

 
—

Interest expense
20,953

 
23,762

 
27,956

Total expenses
101,148

 
94,776

 
116,225

Income before disposition of properties
85

 
6,182

 
3,643

Gains on disposition of properties
11,184

 
—

 
—

Net income
$
11,269

 
$
6,182

 
$
3,643

Our share of:
 
 
 
 
 
Depreciation and amortization
$
7,736

 
$
8,388

 
$
10,471

Impairments of real estate assets
$
1,002

 
$
—

 
$
—

Interest expense
$
7,368

 
$
8,163

 
$
10,545

Gains on disposition of properties
$
1,120

 
$
—

 
$
—

Net income
$
3,304

 
$
2,429

 
$
1,466

 
 
 
 
 
 
Our share of net income
$
3,304

 
$
2,429

 
$
1,466

Adjustment for management and other fees
1,731

 
2,449

 
2,355

Equity in earnings of unconsolidated affiliates
$
5,035

 
$
4,878

 
$
3,821




4.    Investments in and Advances to Affiliates – Continued

The following summarizes additional information related to certain of our unconsolidated affiliates:

- Lofts at Weston, LLC

During 2011, we and Ravin Partners, LLC (“Ravin”) formed Lofts at Weston, LLC, in which we have a 50.0% ownership interest. We contributed 15.0 acres of land at an agreed upon value of $2.4 million to this joint venture, and Ravin contributed $1.2 million in cash and agreed to guarantee the joint venture's development loan. The joint venture then distributed $1.2 million to us and we recorded a gain of $0.3 million on this transaction. Ravin manages and operates this joint venture, which is constructing 215 rental residential units at a total cost of $25.9 million, of which $15.2 million had been incurred as of December 31, 2012. Ravin is the developer, manager and leasing agent and will receive customary fees from the joint venture.

- Highwoods DLF 97/26 DLF 99/32, L.P. (“DLF II”)
 
During 2012, DLF II obtained a $50.0 million, three-year secured mortgage loan from a third party lender, bearing a fixed interest rate of 3.5% on $39.1 million of the loan and a floating interest rate of LIBOR plus 250 basis points on $10.9 million of the loan, which was used by the joint venture to repay a secured loan at maturity to a third party lender.
 
- Kessinger/Hunter, LLC
 
Kessinger/Hunter, LLC, which is managed by our joint venture partner, provides leasing services to certain of our Wholly Owned Properties in Kansas City, MO in exchange for customary fees from us. Kessinger/Hunter, LLC received $1.1 million, $2.1 million and $0.8 million from us for these services in 2012, 2011 and 2010, respectively.
 
- Highwoods DLF 98/29, LLC (“DLF I”)
 
At the formation of this joint venture in 1999, our partner contributed excess cash to the venture that was distributed to us under the joint venture agreements. We are required to repay this excess cash to our partner over time, as discussed in Note 9.
 
During 2012, DLF I sold two office properties to third parties for $15.5 million and recorded gains on disposition of property of $4.9 million. We recorded $1.1 million as our proportionate share of these gains through equity in earnings of unconsolidated affiliates.

During 2012, we recorded $1.0 million as our share of impairments of real estate assets on two office properties in our DLF I joint venture, due to a decline in projected occupancy and a change in the assumed holding period of those assets, which reduced the expected future cash flows from the properties.

During 2011, we provided a $38.3 million interest-only secured loan to DLF I that was initially scheduled to mature in March 2012. During 2012, the outstanding balance of the loan was repaid as a result of our acquisition of an office property from the joint venture and through application of the net proceeds from the joint venture's sale of two office properties to third parties as noted above. We recorded $0.9 million and $1.3 million of interest income from this loan in interest and other income during the years ended December 31, 2012 and 2011, respectively.
 
- Des Moines, IA Joint Ventures
 
During 2010, we sold our equity interests in a series of unconsolidated joint ventures relating to properties in Des Moines, IA. The assets in the joint ventures included 1.7 million square feet of office, 788,000 square feet of industrial and 45,000 square feet of retail properties, as well as 418 apartment units. In connection with the closing, we received $15.0 million in cash. We had a negative book basis in certain of the joint ventures, primarily as a result of prior cash distributions to the partners. As a result, we recorded gain on disposition of investment in unconsolidated affiliates of $25.3 million.
 

4.    Investments in and Advances to Affiliates – Continued

- HIW Development B, LLC
 
During 2011, our joint venture partner exercised its option to acquire our 10.0% equity interest in the HIW Development B, LLC joint venture, which had recently completed construction of a build-to-suit office property in Charlotte, NC. As a result, we received gross proceeds of $4.8 million and recorded a gain on disposition of investment in unconsolidated affiliate related to this merchant build project of $2.3 million.

- Other Activities
 
We receive development, management and leasing fees for services provided to certain of our joint ventures. These fees are recognized in income to the extent of our respective joint venture partner's interest. During the years ended December 31, 2012, 2011 and 2010, we recognized $2.4 million, $3.1 million and $2.7 million, respectively, of development, management and leasing fees from our unconsolidated joint ventures. At December 31, 2012 and 2011, we had receivables of $0.9 million and $1.0 million, respectively, related to these fees in accounts receivable.
 
Consolidated Affiliates
 
The following summarizes our consolidated affiliates:

- Highwoods-Markel Associates, LLC (“Markel”)
 
We have a 50.0% ownership interest in Markel. We are the manager and leasing agent for Markel's properties located in Richmond, VA and receive customary management and leasing fees. We consolidate Markel since we are the general partner and control the major operating and financial policies of the joint venture. As controlling partner, we have an obligation to cause this property-owning entity to distribute proceeds of liquidation to the noncontrolling interest partner in these partially owned properties only if the net proceeds received by the entity from the sale of our assets warrant a distribution as determined by the agreement. We estimate the value of noncontrolling interest distributions would have been $15.6 million had the entity been liquidated at December 31, 2012. This estimated settlement value is based on the fair value of the underlying properties which is based on a number of assumptions that are subject to economic and market uncertainties including, among others, demand for space, competition for customers, changes in market rental rates and costs to operate each property. If the entity's underlying assets are worth less than the underlying liabilities on the date of such liquidation, we would have no obligation to remit any consideration to the noncontrolling interest holder.

- SF-HIW Harborview Plaza, LP (“Harborview”)
 
We have a 20.0% interest in Harborview. We are the manager and leasing agent for Harborview's property located in Tampa, FL and receive customary management and leasing fees. As further described in Note 8, we account for this joint venture as a financing obligation since our partner has the right to put its interest back to us in the future.
 
During 2012, we provided a three-year, $20.8 million interest-only secured loan to Harborview that is scheduled to mature in September 2015, which the joint venture used to repay a secured loan at maturity to a third party lender. This new loan bears interest at LIBOR plus 500 basis points, subject to a LIBOR floor of 0.5%. Because Harborview is a consolidated joint venture, this loan and related interest income and expense are eliminated in consolidation.

- Plaza Residential, LLC (“Plaza Residential”)
 
In 2007, our taxable REIT subsidiary formed the Plaza Residential joint venture with an unrelated party to develop and sell 139 for-sale residential condominiums constructed above a wholly owned office property in Raleigh, NC. We initially had a 93.0% interest in Plaza Residential. In 2010, we acquired our partner's 7.0% ownership interest for $0.5 million. During the years ended December 31, 2012, 2011 and 2010, we received $5.5 million, $3.2 million and $5.3 million, respectively, in gross proceeds and recorded $5.1 million, $3.5 million and $5.0 million, respectively, of cost of assets sold from condominium sales, including impairment charges, if any. As of December 31, 2012, all of the for-sale residential condominiums have been sold.


Investments In and Advances To Affiliates 
Investments in and Advances to Affiliates

Unconsolidated Affiliates

We have equity interests of up to 50.0% in various joint ventures with unrelated third parties that are accounted for using the equity method of accounting because we have the ability to exercise significant influence over their operating and financing policies. As a result, the assets and liabilities of these joint ventures are not included in our Consolidated Financial Statements.

The following table sets forth our ownership in unconsolidated affiliates at December 31, 2012:

Joint Venture
 
Location of Properties
 
Ownership
Interest
Concourse Center Associates, LLC
 
Greensboro, NC
 
50.0%
Plaza Colonnade, LLC
 
Kansas City, MO
 
50.0%
Lofts at Weston, LLC
 
Raleigh, NC
 
50.0%
Board of Trade Investment Company
 
Kansas City, MO
 
49.0%
Highwoods DLF 97/26 DLF 99/32, LP
 
Atlanta, GA; Greensboro, NC; Orlando, FL
 
42.9%
Highwoods KC Glenridge Office, LLC
 
Atlanta, GA
 
40.0%
Highwoods KC Glenridge Land, LLC
 
Atlanta, GA
 
39.9%
HIW-KC Orlando, LLC
 
Orlando, FL
 
40.0%
Kessinger/Hunter, LLC
 
Kansas City, MO
 
26.5%
Highwoods DLF Forum, LLC
 
Raleigh, NC
 
25.0%
Highwoods DLF 98/29, LLC
 
Atlanta, GA; Charlotte, NC; Greensboro, NC; Raleigh, NC; Orlando, FL
 
22.8%


The following table sets forth combined summarized financial information for our unconsolidated affiliates:

 
December 31,
 
2012
 
2011
Balance Sheets:
 
 
 
Assets:
 
 
 
Real estate assets, net
$
480,245

 
$
523,992

All other assets, net
112,295

 
95,504

Total Assets
$
592,540

 
$
619,496

Liabilities and Partners’ or Shareholders’ Equity:
 
 
 
Mortgages and notes payable (1)
$
360,944

 
$
396,977

All other liabilities
23,983

 
21,121

Partners’ or shareholders’ equity
207,613

 
201,398

Total Liabilities and Partners’ or Shareholders’ Equity
$
592,540

 
$
619,496

Our share of historical partners’ or shareholders’ equity
$
63,546

 
$
59,215

Advances to unconsolidated affiliate
—

 
38,323

Net excess of cost of investments over the net book value of underlying net assets (2)
$
2,267

 
$
1,758

Carrying value of investments in and advances to unconsolidated affiliates
$
65,813

 
$
99,296

Our share of unconsolidated non-recourse mortgage debt (1)
$
136,080

 
$
145,689

__________

4.    Investments in and Advances to Affiliates – Continued
(1)
Our share of scheduled future principal payments, including amortization, due on mortgages and notes payable at December 31, 2012 is as follows:
2013
$
23,427

2014
57,130

2015
21,786

2016
1,017

2017
26,412

Thereafter
6,308

 
$
136,080



All of this joint venture debt is non-recourse to us except in the case of customary exceptions pertaining to such matters as misuse of funds, environmental conditions and material misrepresentations.
(2)
This amount represents the aggregate difference between our historical cost basis and the basis reflected at the joint venture level, which is typically depreciated over the life of the related asset.

 
Year Ended December 31,
 
2012
 
2011
 
2010
Income Statements:
 
 
 
 
 
Rental and other revenues
$
97,225

 
$
96,771

 
$
115,826

Expenses:
 
 
 
 
 
Rental property and other expenses
45,391

 
42,052

 
54,695

Depreciation and amortization
24,007

 
25,184

 
29,945

Impairments of real estate assets
7,180

 
—

 
—

Interest expense
20,296

 
23,062

 
27,187

Total expenses
96,874

 
90,298

 
111,827

Income before disposition of properties
351

 
6,473

 
3,999

Gains on disposition of properties
11,184

 
—

 
—

Net income
$
11,535

 
$
6,473

 
$
3,999

Our share of:
 
 
 
 
 
Depreciation and amortization
$
7,580

 
$
8,232

 
$
10,318

Impairments of real estate assets
$
12,924

 
$
—

 
$
—

Interest expense
$
7,286

 
$
8,075

 
$
10,449

Gains on disposition of properties
$
1,120

 
$
—

 
$
—

Net income
$
3,337

 
$
2,585

 
$
1,483

 
 
 
 
 
 
Our share of net income
$
3,337

 
$
2,585

 
$
1,483

Adjustment for management and other fees
1,758

 
2,354

 
2,311

Equity in earnings of unconsolidated affiliates
$
5,095

 
$
4,939

 
$
3,794



4.    Investments in and Advances to Affiliates– Continued

The following summarizes additional information related to certain of our unconsolidated affiliates:

- Lofts at Weston, LLC

During 2011, we and Ravin Partners, LLC (“Ravin”) formed Lofts at Weston, LLC, in which we have a 50.0% ownership interest. We contributed 15.0 acres of land at an agreed upon value of $2.4 million to this joint venture, and Ravin contributed $1.2 million in cash and agreed to guarantee the joint venture's development loan. The joint venture then distributed $1.2 million to us and we recorded a gain of $0.3 million on this transaction. Ravin manages and operates this joint venture, which is constructing 215 rental residential units at a total cost of $25.9 million, of which $15.2 million had been incurred as of December 31, 2012. Ravin is the developer, manager and leasing agent and will receive customary fees from the joint venture.

- Highwoods DLF 97/26 DLF 99/32, L.P. (“DLF II”)
 
During 2012, DLF II obtained a $50.0 million, three-year secured mortgage loan from a third party lender, bearing a fixed interest rate of 3.5% on $39.1 million of the loan and a floating interest rate of LIBOR plus 250 basis points on $10.9 million of the loan, which was used by the joint venture to repay a secured loan at maturity to a third party lender.
 
- Kessinger/Hunter, LLC
 
Kessinger/Hunter, LLC, which is managed by our joint venture partner, provides leasing services to certain of our Wholly Owned Properties in Kansas City, MO in exchange for customary fees from us. Kessinger/Hunter, LLC received $1.1 million, $2.1 million and $0.8 million from us for these services in 2012, 2011 and 2010, respectively.
 
- Highwoods DLF 98/29, LLC (“DLF I”)
 
At the formation of this joint venture in 1999, our partner contributed excess cash to the venture that was distributed to us under the joint venture agreements. We are required to repay this excess cash to our partner over time, as discussed in Note 9.
 
During 2012, DLF I sold two office properties to third parties for $15.5 million and recorded gains on disposition of property of $4.9 million. We recorded $1.1 million as our proportionate share of these gains through equity in earnings of unconsolidated affiliates.

During 2012, we recorded $1.0 million as our share of impairments of real estate assets on two office properties in our DLF I joint venture, due to a decline in projected occupancy and a change in the assumed holding period of those assets, which reduced the expected future cash flows from the properties.

During 2011, we provided a $38.3 million interest-only secured loan to DLF I that was initially scheduled to mature in March 2012. During 2012, the outstanding balance of the loan was repaid as a result of our acquisition of an office property from the joint venture and through application of the net proceeds from the joint venture's sale of two office properties to third parties as noted above. We recorded $0.9 million and $1.3 million of interest income from this loan in interest and other income during the years ended December 31, 2012 and 2011, respectively.
 
- Des Moines, IA Joint Ventures
 
During 2010, we sold our equity interests in a series of unconsolidated joint ventures relating to properties in Des Moines, IA. The assets in the joint ventures included 1.7 million square feet of office, 788,000 square feet of industrial and 45,000 square feet of retail properties, as well as 418 apartment units. In connection with the closing, we received $15.0 million in cash. We had a negative book basis in certain of the joint ventures, primarily as a result of prior cash distributions to the partners. As a result, we recorded gain on disposition of investment in unconsolidated affiliates of $25.3 million.
 

4.    Investments in and Advances to Affiliates – Continued

- HIW Development B, LLC
 
During 2011, our joint venture partner exercised its option to acquire our 10.0% equity interest in the HIW Development B, LLC joint venture, which had recently completed construction of a build-to-suit office property in Charlotte, NC. As a result, we received gross proceeds of $4.8 million and recorded a gain on disposition of investment in unconsolidated affiliate related to this merchant build project of $2.3 million.

- Other Activities
 
We receive development, management and leasing fees for services provided to certain of our joint ventures. These fees are recognized in income to the extent of our respective joint venture partner's interest. During the years ended December 31, 2012, 2011 and 2010, we recognized $2.4 million, $3.1 million and $2.7 million, respectively, of development, management and leasing fees from our unconsolidated joint ventures. At December 31, 2012 and 2011, we had receivables of $0.9 million and $1.0 million, respectively, related to these fees in accounts receivable.
 
Consolidated Affiliates
 
The following summarizes our consolidated affiliates:

- Highwoods-Markel Associates, LLC (“Markel”)
 
We have a 50.0% ownership interest in Markel. We are the manager and leasing agent for Markel's properties located in Richmond, VA and receive customary management and leasing fees. We consolidate Markel since we are the general partner and control the major operating and financial policies of the joint venture. As controlling partner, we have an obligation to cause this property-owning entity to distribute proceeds of liquidation to the noncontrolling interest partner in these partially owned properties only if the net proceeds received by the entity from the sale of our assets warrant a distribution as determined by the agreement. We estimate the value of noncontrolling interest distributions would have been $15.6 million had the entity been liquidated at December 31, 2012. This estimated settlement value is based on the fair value of the underlying properties which is based on a number of assumptions that are subject to economic and market uncertainties including, among others, demand for space, competition for customers, changes in market rental rates and costs to operate each property. If the entity's underlying assets are worth less than the underlying liabilities on the date of such liquidation, we would have no obligation to remit any consideration to the noncontrolling interest holder.

- SF-HIW Harborview Plaza, LP (“Harborview”)
 
We have a 20.0% interest in Harborview. We are the manager and leasing agent for Harborview's property located in Tampa, FL and receive customary management and leasing fees. As further described in Note 8, we account for this joint venture as a financing obligation since our partner has the right to put its interest back to us in the future.
 
During 2012, we provided a three-year, $20.8 million interest-only secured loan to Harborview that is scheduled to mature in September 2015, which the joint venture used to repay a secured loan at maturity to a third party lender. This new loan bears interest at LIBOR plus 500 basis points, subject to a LIBOR floor of 0.5%. Because Harborview is a consolidated joint venture, this loan and related interest income and expense are eliminated in consolidation.

- Plaza Residential, LLC (“Plaza Residential”)
 
In 2007, our taxable REIT subsidiary formed the Plaza Residential joint venture with an unrelated party to develop and sell 139 for-sale residential condominiums constructed above a wholly owned office property in Raleigh, NC. We initially had a 93.0% interest in Plaza Residential. In 2010, we acquired our partner's 7.0% ownership interest for $0.5 million. During the years ended December 31, 2012, 2011 and 2010, we received $5.5 million, $3.2 million and $5.3 million, respectively, in gross proceeds and recorded $5.1 million, $3.5 million and $5.0 million, respectively, of cost of assets sold from condominium sales, including impairment charges, if any. As of December 31, 2012, all of the for-sale residential condominiums have been sold.
Intangible Assets and Below Market Leaes Liabilities
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:

 
December 31,
 
2012
 
2011
Assets:
 
 
 
Deferred financing costs
$
21,759

 
$
18,044

Less accumulated amortization
(7,862
)
 
(5,797
)
 
13,897

 
12,247

Deferred leasing costs (including lease incentives and acquisition-related intangible assets)
225,647

 
172,049

Less accumulated amortization
(69,521
)
 
(56,522
)
 
156,126

 
115,527

Deferred financing and leasing costs, net
$
170,023

 
$
127,774

 
 
 
 
Liabilities (in accounts payable, accrued expenses and other liabilities):
 
 
 
Acquisition-related below market lease liabilities
$
37,019

 
$
16,441

Less accumulated amortization
(3,383
)
 
(971
)
 
$
33,636

 
$
15,470


The following table sets forth amortization of intangible assets and acquisition-related below market lease liabilities:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Amortization of deferred financing costs
$
3,685

 
$
3,312

 
$
3,385

Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization)
$
27,731

 
$
20,980

 
$
17,383

Amortization of lease incentives (in rental and other revenues)
$
1,439

 
$
1,371

 
$
1,239

Amortization of acquisition-related intangible assets (in rental and other revenues)
$
1,357

 
$
915

 
$
531

Amortization of acquisition-related intangible assets (in rental property and other expenses)
$
186

 
$
—

 
$
—

Amortization of acquisition-related below market lease liabilities (in rental and other revenues)
$
(2,627
)
 
$
(840
)
 
$
(96
)


5.    Intangible Assets and Below Market Lease Liabilities - Continued

The following table sets forth scheduled future amortization of intangible assets and acquisition-related below market lease liabilities:

Years Ending December 31,
 
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 Intangible Assets (in Rental Property and Other Expenses)
 
Amortization
of Acquisition-Related Below Market Lease Liabilities (in Rental and Other Revenues)
2013
 
$
3,521

 
$
29,636

 
$
1,314

 
$
1,277

 
$
553

 
$
(4,149
)
2014
 
3,224

 
25,200

 
1,163

 
989

 
553

 
(4,067
)
2015
 
2,594

 
20,391

 
928

 
754

 
553

 
(3,801
)
2016
 
1,519

 
16,877

 
734

 
659

 
553

 
(3,499
)
2017
 
1,225

 
14,141

 
654

 
587

 
553

 
(3,256
)
Thereafter
 
1,814

 
33,569

 
2,065

 
780

 
1,643

 
(14,864
)
 
 
$
13,897

 
$
139,814

 
$
6,858

 
$
5,046

 
$
4,408

 
$
(33,636
)
Weighted average remaining amortization periods as of December 31, 2012 (in years)
 
4.6

 
6.9

 
7.7

 
5.6

 
8.0

 
9.9



The following table sets forth the intangible assets acquired and below market lease liabilities assumed as a result of 2012 acquisition activity:

 
 
Acquisition-Related Intangible Assets (amortized in Rental and Other Revenues)
 
Acquisition-Related Intangible Assets (amortized in Depreciation and Amortization)
 
Acquisition-Related Intangible Assets (amortized in Rental Property and Other Expenses)
 
Acquisition-Related Below Market Lease Liabilities (amortized in Rental and Other Revenues)
Amount recorded from acquisition activity
 
$
2,636

 
$
37,247

 
$
4,593

 
$
(20,934
)
Weighted average remaining amortization periods (in years)
 
5.3

 
8.7

 
8.0

 
10.6





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:

 
December 31,
 
2012
 
2011
Assets:
 
 
 
Deferred financing costs
$
21,759

 
$
18,044

Less accumulated amortization
(7,862
)
 
(5,797
)
 
13,897

 
12,247

Deferred leasing costs (including lease incentives and acquisition-related intangible assets)
225,647

 
172,049

Less accumulated amortization
(69,521
)
 
(56,522
)
 
156,126

 
115,527

Deferred financing and leasing costs, net
$
170,023

 
$
127,774

 
 
 
 
Liabilities (in accounts payable, accrued expenses and other liabilities):
 
 
 
Acquisition-related below market lease liabilities
$
37,019

 
$
16,441

Less accumulated amortization
(3,383
)
 
(971
)
 
$
33,636

 
$
15,470



The following table sets forth amortization of intangible assets and acquisition-related below market lease liabilities:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Amortization of deferred financing costs
$
3,685

 
$
3,312

 
$
3,385

Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization)
$
27,731

 
$
20,980

 
$
17,383

Amortization of lease incentives (in rental and other revenues)
$
1,439

 
$
1,371

 
$
1,239

Amortization of acquisition-related intangible assets (in rental and other revenues)
$
1,357

 
$
915

 
$
531

Amortization of acquisition-related intangible assets (in rental property and other expenses)
$
186

 
$
—

 
$
—

Amortization of acquisition-related below market lease liabilities (in rental and other revenues)
$
(2,627
)
 
$
(840
)
 
$
(96
)


5.    Intangible Assets and Liabilities - Continued

The following table sets forth scheduled future amortization of intangible assets and acquisition-related below market lease liabilities:

Years Ending December 31,
 
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 Intangible Assets (in Rental Property and Other Expenses)
 
Amortization
of Acquisition-Related Below Market Lease Liabilities (in Rental and Other Revenues)
2013
 
$
3,521

 
$
29,636

 
$
1,314

 
$
1,277

 
$
553

 
$
(4,149
)
2014
 
3,224

 
25,200

 
1,163

 
989

 
553

 
(4,067
)
2015
 
2,594

 
20,391

 
928

 
754

 
553

 
(3,801
)
2016
 
1,519

 
16,877

 
734

 
659

 
553

 
(3,499
)
2017
 
1,225

 
14,141

 
654

 
587

 
553

 
(3,256
)
Thereafter
 
1,814

 
33,569

 
2,065

 
780

 
1,643

 
(14,864
)
 
 
$
13,897

 
$
139,814

 
$
6,858

 
$
5,046

 
$
4,408

 
$
(33,636
)
Weighted average remaining amortization periods as of December 31, 2012 (in years)
 
4.6

 
6.9

 
7.7

 
5.6

 
8.0

 
9.9



The following table sets forth the intangible assets acquired and below market lease liabilities assumed as a result of 2012 acquisition activity:

 
 
Acquisition-Related Intangible Assets (amortized in Rental and Other Revenues)
 
Acquisition-Related Intangible Assets (amortized in Depreciation and Amortization)
 
Acquisition-Related Intangible Assets (amortized in Rental Property and Other Expenses)
 
Acquisition-Related Below Market Lease Liabilities (amortized in Rental and Other Revenues)
Amount recorded from acquisition activity
 
$
2,636

 
$
37,247

 
$
4,593

 
$
(20,934
)
Weighted average remaining amortization periods (in years)
 
5.3

 
8.7

 
8.0

 
10.6

Mortgages and Notes Payable
Mortgages and Notes Payable 
Mortgages and Notes Payable
 
Our mortgages and notes payable consist of the following:
 
 
December 31,
 
2012
 
2011
Secured indebtedness: (1)
 
 
 
5.45% (5.12% effective rate) mortgage loan due 2014 (2)
67,604

 
67,809

5.18% (4.22% effective rate) mortgage loan due 2017 (3)
120,924

 
123,613

6.03% mortgage loan due 2013
—

 
125,264

5.68% mortgage loan due 2013
107,289

 
110,343

5.17% (6.43% effective rate) mortgage loan due 2015 (4)
39,805

 
40,015

6.88% mortgage loans due 2016
110,671

 
112,075

7.50% mortgage loan due 2016
45,662

 
46,181

5.74% to 9.00% mortgage loans due between 2012 and 2016 (5) (6) (7)
57,652

 
72,640

Variable rate construction loan due 2012
—

 
17,802

 
549,607

 
715,742

Unsecured indebtedness:
 
 
 
5.85% (5.88% effective rate) notes due 2017 (8)
379,194

 
391,164

7.50% notes due 2018
200,000

 
200,000

3.625% (3.752% effective rate) notes due 2023 (9)
247,361

 
—

Variable rate term loan due 2016 (10)
35,000

 
200,000

Variable rate term loan due 2018 (11)
200,000

 
—

Variable rate term loan due 2019 (12)
225,000

 
—

Revolving credit facility due 2015 (13)
23,000

 
362,000

 
1,309,555

 
1,153,164

Total
$
1,859,162

 
$
1,868,906

__________
(1)
The secured mortgage loans payable are collateralized by real estate assets with an aggregate undepreciated book value of $966.9 million at December 31, 2012. Our fixed rate mortgage loans generally are either locked out to prepayment for all or a portion of their term or are prepayable subject to certain conditions including prepayment penalties.
(2)
Includes unamortized fair market premium of $0.2 million as of December 31, 2012.
(3)
Includes unamortized fair market premium of $4.6 million as of December 31, 2012.
(4)
Net of unamortized fair market value discount of $1.2 million as of December 31, 2012.
(5)
Includes mortgage debt related to Harborview, a consolidated 20.0% owned joint venture, of $21.0 million at December 31, 2011. See Note 8.
(6)
Includes mortgage debt related to Markel, a consolidated 50.0% owned joint venture, of $33.1 million and $34.0 million at December 31, 2012 and 2011, respectively. See Note 10.
(7)
Net of unamortized fair market value premium of $0.5 million and $0.3 million at December 31, 2012 and 2011, respectively.
(8)
Net of unamortized original issuance discount of $0.5 million and $0.6 million at December 31, 2012 and 2011, respectively.
(9)
Net of unamortized original issuance discount of $2.6 million at December 31, 2012.
(10)
The interest rate is 2.42% at December 31, 2012.
(11)
The interest rate is 1.87% at December 31, 2012.


6.    Mortgages and Notes Payable - Continued
 
(12)
As more fully described in Note 7, we entered into floating-to-fixed interest rate swaps that effectively fix LIBOR for the full amount and duration of this loan. Accordingly, the equivalent fixed rate of this loan is 3.58%.
(13)
The interest rate is 1.71% at December 31, 2012.

The following table sets forth scheduled future principal payments, including amortization, due on our mortgages and notes payable at December 31, 2012:

Years Ending December 31,
 
Principal Amount
2013
 
$
123,537

2014
 
112,283

2015
 
67,733

2016
 
193,217

2017
 
488,617

Thereafter
 
873,775

 
 
$
1,859,162



Our $475.0 million unsecured revolving credit facility is scheduled to mature on June 27, 2015 and includes an accordion feature that allows for an additional $75.0 million of borrowing capacity subject to additional lender commitments. Assuming no defaults have occurred, we have an option to extend the maturity for an additional year. The interest rate at our current credit ratings is LIBOR plus 150 basis points and the annual facility fee is 35 basis points. The interest rate and facility fee are based on the higher of the publicly announced ratings from Moody's Investors Service or Standard & Poor's Ratings Services. We use our revolving credit facility for working capital purposes and for the short-term funding of our development and acquisition activity and, in certain instances, the repayment of other debt. The continued ability to borrow under the revolving credit facility allows us to quickly capitalize on strategic opportunities at short-term interest rates. There was $23.0 million and $25.0 million outstanding under our revolving credit facility at December 31, 2012 and February 1, 2013, respectively. At both December 31, 2012 and February 1, 2013, we had $0.1 million of outstanding letters of credit, which reduces the availability on our revolving credit facility. As a result, the unused capacity of our revolving credit facility at December 31, 2012 and February 1, 2013 was $451.9 million and $449.9 million, respectively.
 
During 2012, we repaid the remaining balances of $52.1 million of our variable rate, secured construction loan bearing interest of 1.07% and a $123.0 million secured mortgage loan bearing interest of 6.03% that was scheduled to mature in March 2013. One of our consolidated affiliates also repaid a $20.8 million secured loan that bore interest at 6.06% and matured in October 2012. We incurred no penalties related to these repayments. Real estate assets having a gross book value of $193 million became unencumbered in connection with the payoff of these secured loans. We also paid down $12.2 million of secured loan balances through principal amortization during 2012.
 
During 2012, the Operating Partnership issued $250 million aggregate principal amount of 3.625% Notes due January 15, 2023, less original issue discount of $2.7 million. These notes were priced at 98.94% for an effective yield of 3.752%. Underwriting fees and other expenses were incurred that aggregated $2.1 million; these costs were deferred and will be amortized over the term of the notes.
 
During 2012, we modified our $200.0 million, five-year unsecured bank term loan, which was originally scheduled to mature in February 2016. The loan is now scheduled to mature in January 2018 and the interest rate was reduced from LIBOR plus 220 basis points to LIBOR plus 165 basis points. We incurred $0.9 million of deferred financing fees in connection with the modification, which will be amortized along with existing unamortized deferred loan fees over the remaining term of the new loan. Proceeds from two new participants, aggregating $35.0 million, were used to reduce amounts outstanding under our revolving credit facility. Two of the original participants, which still hold an aggregate $35.0 million of the principal balance under the original term loan, will be fully paid off on or before February 25, 2013.
 
During 2012, we repurchased $12.1 million principal amount of unsecured notes due March 2017 bearing interest of 5.85% for a purchase price of 107.5% of par value. We recorded $1.0 million of loss on debt extinguishment related to this repurchase. 

6.    Mortgages and Notes Payable - Continued

During 2012, we obtained a $225.0 million, seven-year unsecured bank term loan bearing interest of LIBOR plus 190 basis points. The underlying LIBOR rate has been effectively fixed for the entire seven-year term through floating-to-fixed interest rate swaps discussed in Note 7. The counterparties under the swaps are the same financial institutions that participated in the term loan.

During 2011, we repaid the remaining balance of $184.2 million of a secured mortgage loan bearing interest of 7.05% that was scheduled to mature in January 2012 and the remaining $10.0 million of a three-year unsecured term loan bearing interest of 3.90% that was scheduled to mature in February 2012. We incurred no penalties related to these early repayments. We also obtained a $200.0 million, five-year unsecured bank term loan bearing interest of LIBOR plus 220 basis points.

During 2010, we repaid $10.0 million of our $20.0 million, three-year unsecured term loan. Additionally, we repaid the $5.8 million remaining balance outstanding on the mortgage payable secured by our 96 rental residential units, which we sold in 2012 as described in Note 4. We incurred a penalty of $0.6 million related to this early repayment, which is included in loss on debt extinguishment.

We are currently in compliance with the debt covenants and other requirements with respect to our debt.

Our revolving credit facility and bank term loans require us to comply with customary operating covenants and various financial requirements. Upon an event of default on the revolving credit facility, the lenders having at least 66.7% of the total commitments under the revolving credit facility can accelerate all borrowings then outstanding, and we could be prohibited from borrowing any further amounts under our revolving credit facility, which would adversely affect our ability to fund our operations.

The Operating Partnership has $379.2 million carrying amount of 2017 bonds outstanding, $200.0 million carrying amount of 2018 bonds outstanding and $247.4 million carrying amount of 2023 bonds outstanding. The indenture that governs these outstanding notes requires us to comply with customary operating covenants and various financial ratios. The trustee or the holders of at least 25.0% in principal amount of either series of bonds can accelerate the principal amount of such series upon written notice of a default that remains uncured after 60 days.

Capitalized Interest

Total interest capitalized to development projects was $1.0 million, $0.6 million and $1.4 million for the years ended December 31, 2012, 2011 and 2010,
Mortgages and Notes Payable 
Mortgages and Notes Payable
 
Our mortgages and notes payable consist of the following:
 
 
December 31,
 
2012
 
2011
Secured indebtedness: (1)
 
 
 
5.45% (5.12% effective rate) mortgage loan due 2014 (2)
67,604

 
67,809

5.18% (4.22% effective rate) mortgage loan due 2017 (3)
120,924

 
123,613

6.03% mortgage loan due 2013
—

 
125,264

5.68% mortgage loan due 2013
107,289

 
110,343

5.17% (6.43% effective rate) mortgage loan due 2015 (4)
39,805

 
40,015

6.88% mortgage loans due 2016
110,671

 
112,075

7.50% mortgage loan due 2016
45,662

 
46,181

5.74% to 9.00% mortgage loans due between 2012 and 2016 (5) (6) (7)
57,652

 
72,640

Variable rate construction loan due 2012
—

 
17,802

 
549,607

 
715,742

Unsecured indebtedness:
 
 
 
5.85% (5.88% effective rate) notes due 2017 (8)
379,194

 
391,164

7.50% notes due 2018
200,000

 
200,000

3.625% (3.752% effective rate) notes due 2023 (9)
247,361

 
—

Variable rate term loan due 2016 (10)
35,000

 
200,000

Variable rate term loan due 2018 (11)
200,000

 
—

Variable rate term loan due 2019 (12)
225,000

 
—

Revolving credit facility due 2015 (13)
23,000

 
362,000

 
1,309,555

 
1,153,164

Total
$
1,859,162

 
$
1,868,906

__________
(1)
The secured mortgage loans payable are collateralized by real estate assets with an aggregate undepreciated book value of $966.9 million at December 31, 2012. Our fixed rate mortgage loans generally are either locked out to prepayment for all or a portion of their term or are prepayable subject to certain conditions including prepayment penalties.
(2)
Includes unamortized fair market premium of $0.2 million as of December 31, 2012.
(3)
Includes unamortized fair market premium of $4.6 million as of December 31, 2012.
(4)
Net of unamortized fair market value discount of $1.2 million as of December 31, 2012.
(5)
Includes mortgage debt related to Harborview, a consolidated 20.0% owned joint venture, of $21.0 million at December 31, 2011. See Note 8.
(6)
Includes mortgage debt related to Markel, a consolidated 50.0% owned joint venture, of $33.1 million and $34.0 million at December 31, 2012 and 2011, respectively. See Note 10.
(7)
Net of unamortized fair market value premium of $0.5 million and $0.3 million at December 31, 2012 and 2011, respectively.
(8)
Net of unamortized original issuance discount of $0.5 million and $0.6 million at December 31, 2012 and 2011, respectively.
(9)
Net of unamortized original issuance discount of $2.6 million at December 31, 2012.
(10)
The interest rate is 2.42% at December 31, 2012.
(11)
The interest rate is 1.87% at December 31, 2012.


6.    Mortgages and Notes Payable - Continued
 
(12)
As more fully described in Note 7, we entered into floating-to-fixed interest rate swaps that effectively fix LIBOR for the full amount and duration of this loan. Accordingly, the equivalent fixed rate of this loan is 3.58%.
(13)
The interest rate is 1.71% at December 31, 2012.

The following table sets forth scheduled future principal payments, including amortization, due on our mortgages and notes payable at December 31, 2012:

Years Ending December 31,
 
Principal Amount
2013
 
$
123,537

2014
 
112,283

2015
 
67,733

2016
 
193,217

2017
 
488,617

Thereafter
 
873,775

 
 
$
1,859,162



Our $475.0 million unsecured revolving credit facility is scheduled to mature on June 27, 2015 and includes an accordion feature that allows for an additional $75.0 million of borrowing capacity subject to additional lender commitments. Assuming no defaults have occurred, we have an option to extend the maturity for an additional year. The interest rate at our current credit ratings is LIBOR plus 150 basis points and the annual facility fee is 35 basis points. The interest rate and facility fee are based on the higher of the publicly announced ratings from Moody's Investors Service or Standard & Poor's Ratings Services. We use our revolving credit facility for working capital purposes and for the short-term funding of our development and acquisition activity and, in certain instances, the repayment of other debt. The continued ability to borrow under the revolving credit facility allows us to quickly capitalize on strategic opportunities at short-term interest rates. There was $23.0 million and $25.0 million outstanding under our revolving credit facility at December 31, 2012 and February 1, 2013, respectively. At both December 31, 2012 and February 1, 2013, we had $0.1 million of outstanding letters of credit, which reduces the availability on our revolving credit facility. As a result, the unused capacity of our revolving credit facility at December 31, 2012 and February 1, 2013 was $451.9 million and $449.9 million, respectively.
 
During 2012, we repaid the remaining balances of $52.1 million of our variable rate, secured construction loan bearing interest of 1.07% and a $123.0 million secured mortgage loan bearing interest of 6.03% that was scheduled to mature in March 2013. One of our consolidated affiliates also repaid a $20.8 million secured loan that bore interest at 6.06% and matured in October 2012. We incurred no penalties related to these repayments. Real estate assets having a gross book value of $193 million became unencumbered in connection with the payoff of these secured loans. We also paid down $12.2 million of secured loan balances through principal amortization during 2012.
 
During 2012, the Operating Partnership issued $250 million aggregate principal amount of 3.625% Notes due January 15, 2023, less original issue discount of $2.7 million. These notes were priced at 98.94% for an effective yield of 3.752%. Underwriting fees and other expenses were incurred that aggregated $2.1 million; these costs were deferred and will be amortized over the term of the notes.
 
During 2012, we modified our $200.0 million, five-year unsecured bank term loan, which was originally scheduled to mature in February 2016. The loan is now scheduled to mature in January 2018 and the interest rate was reduced from LIBOR plus 220 basis points to LIBOR plus 165 basis points. We incurred $0.9 million of deferred financing fees in connection with the modification, which will be amortized along with existing unamortized deferred loan fees over the remaining term of the new loan. Proceeds from two new participants, aggregating $35.0 million, were used to reduce amounts outstanding under our revolving credit facility. Two of the original participants, which still hold an aggregate $35.0 million of the principal balance under the original term loan, will be fully paid off on or before February 25, 2013.
 
During 2012, we repurchased $12.1 million principal amount of unsecured notes due March 2017 bearing interest of 5.85% for a purchase price of 107.5% of par value. We recorded $1.0 million of loss on debt extinguishment related to this repurchase. 

6.    Mortgages and Notes Payable - Continued

During 2012, we obtained a $225.0 million, seven-year unsecured bank term loan bearing interest of LIBOR plus 190 basis points. The underlying LIBOR rate has been effectively fixed for the entire seven-year term through floating-to-fixed interest rate swaps discussed in Note 7. The counterparties under the swaps are the same financial institutions that participated in the term loan.

During 2011, we repaid the remaining balance of $184.2 million of a secured mortgage loan bearing interest of 7.05% that was scheduled to mature in January 2012 and the remaining $10.0 million of a three-year unsecured term loan bearing interest of 3.90% that was scheduled to mature in February 2012. We incurred no penalties related to these early repayments. We also obtained a $200.0 million, five-year unsecured bank term loan bearing interest of LIBOR plus 220 basis points.

During 2010, we repaid $10.0 million of our $20.0 million, three-year unsecured term loan. Additionally, we repaid the $5.8 million remaining balance outstanding on the mortgage payable secured by our 96 rental residential units, which we sold in 2012 as described in Note 4. We incurred a penalty of $0.6 million related to this early repayment, which is included in loss on debt extinguishment.

We are currently in compliance with the debt covenants and other requirements with respect to our debt.

Our revolving credit facility and bank term loans require us to comply with customary operating covenants and various financial requirements. Upon an event of default on the revolving credit facility, the lenders having at least 66.7% of the total commitments under the revolving credit facility can accelerate all borrowings then outstanding, and we could be prohibited from borrowing any further amounts under our revolving credit facility, which would adversely affect our ability to fund our operations.

The Operating Partnership has $379.2 million carrying amount of 2017 bonds outstanding, $200.0 million carrying amount of 2018 bonds outstanding and $247.4 million carrying amount of 2023 bonds outstanding. The indenture that governs these outstanding notes requires us to comply with customary operating covenants and various financial ratios. The trustee or the holders of at least 25.0% in principal amount of either series of bonds can accelerate the principal amount of such series upon written notice of a default that remains uncured after 60 days.

Capitalized Interest

Total interest capitalized to development projects was $1.0 million, $0.6 million and $1.4 million for the years ended December 31, 2012, 2011 and 2010, respectively.
Derivative Financial Instruments
Derivative Financial Instruments 
Derivative Financial Instruments

We have six floating-to-fixed interest rate swaps through January 2019 each with respect to an aggregate of $225.0 million LIBOR-based borrowings. These swaps effectively fix the underlying LIBOR rate at a weighted average of 1.678%. The counterparties under the swaps are major financial institutions. The swap agreements contain a provision whereby if we default on any of our indebtedness, if greater than $10.0 million, and which defaults results in repayment of such indebtedness being, or becoming capable of being, accelerated by the lender, then we could also be declared in default on our derivative obligations. These swaps have been designated as and are being accounted for as cash flow hedges with changes in fair value recorded in other comprehensive income each reporting period. No gain or loss was recognized related to hedge ineffectiveness or to amounts excluded from effectiveness testing on our cash flow hedges during the year ended December 31, 2012. We have no collateral requirements related to our interest rate swaps.

Amounts reported in AOCL related to derivatives will be reclassified to interest expense as interest payments are made on our variable-rate debt. During 2013, we estimate that $3.3 million will be reclassified to interest expense.


7.
Derivative Financial Instruments - Continued

The following table sets forth the fair value of our derivative instruments:

 
Fair Value as of December 31,
 
2012
 
2011
Liability Derivatives:
 
 
 
Derivatives designated as cash flow hedges in accounts payable, accrued expenses and other liabilities:
 
 
 
Interest rate swaps
$
9,369

 
$
2,202



The following table sets forth the effect of our cash flow hedges on AOCL and interest expense:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Derivatives Designated as Cash Flow Hedges:
 
 
 
 
 
Amount of unrealized losses recognized in AOCL on derivatives (effective portion):
 
 
 
 
 
Interest rate swaps
$
(10,358
)
 
$
(2,202
)
 
$
—

Amount of (gains)/losses reclassified out of AOCL into contractual interest expense (effective portion):
 
 
 
 
 
Interest rate swaps
$
3,053

 
$
(118
)
 
$
237

Derivative Financial Instruments 
Derivative Financial Instruments

We have six floating-to-fixed interest rate swaps through January 2019 each with respect to an aggregate of $225.0 million LIBOR-based borrowings. These swaps effectively fix the underlying LIBOR rate at a weighted average of 1.678%. The counterparties under the swaps are major financial institutions. The swap agreements contain a provision whereby if we default on any of our indebtedness, if greater than $10.0 million, and which defaults results in repayment of such indebtedness being, or becoming capable of being, accelerated by the lender, then we could also be declared in default on our derivative obligations. These swaps have been designated as and are being accounted for as cash flow hedges with changes in fair value recorded in other comprehensive income each reporting period. No gain or loss was recognized related to hedge ineffectiveness or to amounts excluded from effectiveness testing on our cash flow hedges during the year ended December 31, 2012. We have no collateral requirements related to our interest rate swaps.

Amounts reported in AOCL related to derivatives will be reclassified to interest expense as interest payments are made on our variable-rate debt. During 2013, we estimate that $3.3 million will be reclassified to interest expense.


7.
Derivative Financial Instruments- Continued

The following table sets forth the fair value of our derivative instruments:
 
 
Fair Value as of December 31,
 
2012
 
2011
Liability Derivatives:
 
 
 
Derivatives designated as cash flow hedges in accounts payable, accrued expenses and other liabilities:
 
 
 
Interest rate swaps
$
9,369

 
$
2,202



The following table sets forth the effect of our cash flow hedges on AOCL and interest expense:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Derivatives Designated as Cash Flow Hedges:
 
 
 
 
 
Amount of unrealized losses recognized in AOCL on derivatives (effective portion):
 
 
 
 
 
Interest rate swaps
$
(10,358
)
 
$
(2,202
)
 
$
—

Amount of (gains)/losses reclassified out of AOCL into contractual interest expense (effective portion):
 
 
 
 
 
Interest rate swaps
$
3,053

 
$
(118
)
 
$
237

Financing Arrangements
Financing Arrangements 
Financing Arrangements

Our financing obligations consist of the following:

 
December 31,
 
2012
 
2011
Harborview financing obligation
$
17,571

 
$
17,086

Tax increment financing bond
11,787

 
13,064

Total
$
29,358

 
$
30,150


Harborview
 
Our joint venture partner in Harborview has the right to put its 80.0% equity interest in the joint venture to us in exchange for cash at any time during the one-year period commencing September 11, 2014. The value of the 80.0% equity interest will be determined at the time that our partner elects to exercise its put right, if ever, based upon the then fair market value of Harborview LP's assets and liabilities, less 3.0%, which amount was intended to cover the normal costs of a sale transaction. Because of the put option, this transaction is accounted for as a financing transaction. Accordingly, the assets, liabilities and operations related to Harborview, the office property owned by Harborview LP remain in our Consolidated Financial Statements.
 

8.
Financing Arrangements - Continued

As a result, we initially established a gross financing obligation equal to the $12.7 million equity contributed by our joint venture partner. During 2012, our joint venture partner contributed an additional $1.8 million of equity to the joint venture. During each period, we increase the gross financing obligation for 80.0% of the net income before depreciation of Harborview, which is recorded as interest expense on financing obligation, and decrease the gross financing obligation for distributions made to our joint venture partner. At the end of each reporting period, the balance of the gross financing obligation is adjusted to equal the greater of the equity contributed by our joint venture partner or the current fair value of the put option, which is recorded as a valuation allowance. The valuation allowance is amortized on a straight-line basis prospectively through September 2014 as interest expense on financing obligation. The fair value of the put option was $12.7 million and $6.2 million at December 31, 2012 and 2011, respectively. We continue to depreciate Harborview and record all of the depreciation on our books. At such time as the put option expires or is otherwise terminated, we will record the transaction as a partial sale and recognize gain accordingly.

Tax Increment Financing Bond
 
In connection with tax increment financing for construction of a parking garage, we are obligated to pay fixed special assessments over a 20-year period ending in 2019. The net present value of these assessments, discounted at the 6.93% interest rate on the underlying bond financing, is recorded as a financing obligation. We receive special tax revenues and property tax rebates recorded in interest and other income, which are intended, but not guaranteed, to provide funds to pay the special assessments. We acquired the underlying bond, which is recorded in prepaid and other assets, in a privately negotiated transaction in 2007. For additional information about this tax increment financing bond, see Note 11.
 
Capitalized Ground Lease Obligation
 
The capitalized ground lease obligation represents an obligation to the lessor of land on which we constructed a wholly owned office property. We initially recorded the land and associated financing obligation at the net present value of the fixed rental payments and purchase option through the ninth year at the inception of the lease using a discount rate of 7.10%. The liability accretes as interest expense until it equals the amount of the purchase option. During 2012, this ground lease was conveyed as part of the disposition of an office property in Atlanta, GA.

Financing Arrangements 
Financing Arrangements

Our financing obligations consist of the following:
 
 
December 31,
 
2012
 
2011
Harborview financing obligation
$
17,571

 
$
17,086

Tax increment financing bond
11,787

 
13,064

Total
$
29,358

 
$
30,150



Harborview
 
Our joint venture partner in Harborview has the right to put its 80.0% equity interest in the joint venture to us in exchange for cash at any time during the one-year period commencing September 11, 2014. The value of the 80.0% equity interest will be determined at the time that our partner elects to exercise its put right, if ever, based upon the then fair market value of Harborview LP's assets and liabilities, less 3.0%, which amount was intended to cover the normal costs of a sale transaction. Because of the put option, this transaction is accounted for as a financing transaction. Accordingly, the assets, liabilities and operations related to Harborview, the office property owned by Harborview LP remain in our Consolidated Financial Statements.


8.
Financing Arrangements - Continued
 
As a result, we initially established a gross financing obligation equal to the $12.7 million equity contributed by our joint venture partner. During 2012, our joint venture partner contributed an additional $1.8 million of equity to the joint venture. During each period, we increase the gross financing obligation for 80.0% of the net income before depreciation of Harborview, which is recorded as interest expense on financing obligation, and decrease the gross financing obligation for distributions made to our joint venture partner. At the end of each reporting period, the balance of the gross financing obligation is adjusted to equal the greater of the equity contributed by our joint venture partner or the current fair value of the put option, which is recorded as a valuation allowance. The valuation allowance is amortized on a straight-line basis prospectively through September 2014 as interest expense on financing obligation. The fair value of the put option was $12.7 million and $6.2 million at December 31, 2012 and 2011, respectively. We continue to depreciate Harborview and record all of the depreciation on our books. At such time as the put option expires or is otherwise terminated, we will record the transaction as a partial sale and recognize gain accordingly.

Tax Increment Financing Bond
 
In connection with tax increment financing for construction of a parking garage, we are obligated to pay fixed special assessments over a 20-year period ending in 2019. The net present value of these assessments, discounted at the 6.93% interest rate on the underlying bond financing, is recorded as a financing obligation. We receive special tax revenues and property tax rebates recorded in interest and other income, which are intended, but not guaranteed, to provide funds to pay the special assessments. We acquired the underlying bond, which is recorded in prepaid and other assets, in a privately negotiated transaction in 2007. For additional information about this tax increment financing bond, see Note 11.
 
Capitalized Ground Lease Obligation
 
The capitalized ground lease obligation represents an obligation to the lessor of land on which we constructed a wholly owned office property. We initially recorded the land and associated financing obligation at the net present value of the fixed rental payments and purchase option through the ninth year at the inception of the lease using a discount rate of 7.10%. The liability accretes as interest expense until it equals the amount of the purchase option. During 2012, this ground lease was conveyed as part of the disposition of an office property in Atlanta, GA.
Commitments and Contingencies
Commitments and Contingencies 
Commitments and Contingencies

Operating Ground Leases
 
Certain Wholly Owned Properties are subject to operating ground leases. Rental payments on these leases are adjusted periodically based on either the consumer price index or on a pre-determined schedule. Total rental property expense recorded on the straight-line basis for operating ground leases was $1.5 million, $1.4 million and $1.5 million for the years ended December 31, 2012, 2011 and 2010, respectively.

The following table sets forth our scheduled obligations for future minimum payments on operating ground leases at December 31, 2012:

Years Ending December 31,
 
Minimum Payments
2013
 
$
2,383

2014
 
2,404

2015
 
2,427

2016
 
2,451

2017
 
2,476

Thereafter
 
49,875

 
 
$
62,016



9.
Commitments and Contingencies - Continued

Lease and Contractual Commitments
 
We have $122.0 million of lease and contractual commitments at December 31, 2012. Lease and contractual commitments represent commitments under signed leases and contracts for operating properties (excluding tenant-funded tenant improvements) and contracts for development/redevelopment projects, of which $22.1 million was recorded on the Consolidated Balance Sheet at December 31, 2012.
 
DLF I Obligation
 
At the formation of DLF I, the amount our partner contributed in cash to the venture and subsequently distributed to us was determined to be $7.2 million in excess of the amount required based on its ownership interest and the agreed-upon value of the real estate assets. We are required to repay this amount over 14 years, beginning in the first quarter of 1999. The $7.2 million was discounted to net present value of $3.8 million using a discount rate of 9.62% specified in the agreement. Payments of $0.6 million were made in each of the years ended December 31, 2012, 2011 and 2010. The balance at December 31, 2012 and 2011 was $0.2 million and $0.8 million, respectively, which is included in accounts payable, accrued expenses and other liabilities.
 
Environmental Matters
 
Substantially all of our in-service and development properties have been subjected to Phase I environmental assessments and, in certain instances, Phase II environmental assessments. Such assessments and/or updates have not revealed, nor are we aware of, any environmental liability that we believe would have a material adverse effect on our Consolidated Financial Statements.

Litigation, Claims and Assessments
 
We are from time to time a party to a variety of legal proceedings, claims and assessments arising in the ordinary course of our business. We regularly assess the liabilities and contingencies in connection with these matters based on the latest information available. For those matters where it is probable that we have incurred or will incur a loss and the loss or range of loss can be reasonably estimated, the estimated loss is accrued and charged to income in our Consolidated Financial Statements. In other instances, because of the uncertainties related to both the probable outcome and amount or range of loss, a reasonable estimate of liability, if any, cannot be made. Based on the current expected outcome of such matters, none of these proceedings, claims or assessments is expected to have a material effect on our business, financial condition, results of operations or cash flows.
Commitments and Contingencies 
Commitments and Contingencies

Operating Ground Leases
 
Certain Wholly Owned Properties are subject to operating ground leases. Rental payments on these leases are adjusted periodically based on either the consumer price index or on a pre-determined schedule. Total rental property expense recorded on the straight-line basis for operating ground leases was $1.5 million, $1.4 million and $1.5 million for the years ended December 31, 2012, 2011 and 2010, respectively.

The following table sets forth our scheduled obligations for future minimum payments on operating ground leases at December 31, 2012:

Years Ending December 31,
 
Minimum Payments
2013
 
$
2,383

2014
 
2,404

2015
 
2,427

2016
 
2,451

2017
 
2,476

Thereafter
 
49,875

 
 
$
62,016


 

9.
Commitments and Contingencies - Continued
 
Lease and Contractual Commitments
 
We have $122.0 million of lease and contractual commitments at December 31, 2012. Lease and contractual commitments represent commitments under signed leases and contracts for operating properties (excluding tenant-funded tenant improvements) and contracts for development/redevelopment projects, of which $22.1 million was recorded on the Consolidated Balance Sheet at December 31, 2012.

DLF I Obligation
 
At the formation of DLF I, the amount our partner contributed in cash to the venture and subsequently distributed to us was determined to be $7.2 million in excess of the amount required based on its ownership interest and the agreed-upon value of the real estate assets. We are required to repay this amount over 14 years, beginning in the first quarter of 1999. The $7.2 million was discounted to net present value of $3.8 million using a discount rate of 9.62% specified in the agreement. Payments of $0.6 million were made in each of the years ended December 31, 2012, 2011 and 2010. The balance at December 31, 2012 and 2011 was $0.2 million and $0.8 million, respectively, which is included in accounts payable, accrued expenses and other liabilities.
 
Environmental Matters
 
Substantially all of our in-service and development properties have been subjected to Phase I environmental assessments and, in certain instances, Phase II environmental assessments. Such assessments and/or updates have not revealed, nor are we aware of, any environmental liability that we believe would have a material adverse effect on our Consolidated Financial Statements.

Litigation, Claims and Assessments
 
We are from time to time a party to a variety of legal proceedings, claims and assessments arising in the ordinary course of our business. We regularly assess the liabilities and contingencies in connection with these matters based on the latest information available. For those matters where it is probable that we have incurred or will incur a loss and the loss or range of loss can be reasonably estimated, the estimated loss is accrued and charged to income in our Consolidated Financial Statements. In other instances, because of the uncertainties related to both the probable outcome and amount or range of loss, a reasonable estimate of liability, if any, cannot be made. Based on the current expected outcome of such matters, none of these proceedings, claims or assessments is expected to have a material effect on our business, financial condition, results of operations or cash flows.
Noncontrolling Interests
Noncontrolling Interests 
Noncontrolling Interests

Noncontrolling Interests in the Operating Partnership

Noncontrolling interests in the Operating Partnership relate to the ownership of Common Units by various individuals and entities other than the Company. Net income attributable to noncontrolling interests in the Operating Partnership is computed by applying the weighted average percentage of Common Units not owned by the Company during the period, as a percent of the total number of outstanding Common Units, to the Operating Partnership’s net income for the period after deducting distributions on Preferred Units. When a noncontrolling unitholder redeems a Common Unit for a share of Common Stock or cash, the noncontrolling interests in the Operating Partnership are reduced and the Company’s share in the Operating Partnership is increased by the fair value of each security at the time of redemption.

The following table sets forth noncontrolling interests in the Operating Partnership:

 
Year Ended December 31,
 
2012
 
2011
Beginning noncontrolling interests in the Operating Partnership
$
110,655

 
$
120,838

Adjustments of noncontrolling interests in the Operating Partnership to fair value
16,491

 
(3,955
)
Issuances of Common Units
2,299

 
—

Conversion of Common Units to Common Stock
(2,096
)
 
(1,906
)
Net income attributable to noncontrolling interests in the Operating Partnership
3,854

 
2,091

Distributions to noncontrolling interests in the Operating Partnership
(6,334
)
 
(6,413
)
Total noncontrolling interests in the Operating Partnership
$
124,869

 
$
110,655


The following table sets forth net income available for common stockholders and transfers from noncontrolling interests in the Operating Partnership:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Net income available for common stockholders
$
77,087

 
$
38,677

 
$
61,790

Increase in additional paid in capital from conversion of Common Units to Common Stock
2,096

 
1,906

 
3,060

Issuances of Common Units
(2,299
)
 
—

 
—

Change from net income available for common stockholders and transfers from noncontrolling interests
$
76,884

 
$
40,583

 
$
64,850


Noncontrolling Interests in Consolidated Affiliates

At December 31, 2012, noncontrolling interests in consolidated affiliates relates to our joint venture partner's 50.0% interest in office properties located in Richmond, VA. Our joint venture partner is an unrelated third party.
Noncontrolling Interests 
Noncontrolling Interests

Noncontrolling Interests in Consolidated Affiliates

At December 31, 2012, noncontrolling interests in consolidated affiliates relates to our joint venture partner's 50.0% interest in office properties located in Richmond, VA. Our joint venture partner is an unrelated third party.
Disclosure About Fair Value of Financial Instruments
Disclosure About Fair Value of Financial Instruments 
Disclosure About Fair Value of Financial Instruments

The following summarizes the three levels of inputs that we use to measure fair value, as well as the assets, noncontrolling interests in the Operating Partnership and liabilities that we recognize at fair value using those levels of inputs.

Level 1.  Quoted prices in active markets for identical assets or liabilities.

Our Level 1 assets are investments in marketable securities that we use to pay benefits under our non-qualified deferred compensation plan. Our Level 1 noncontrolling interests in the Operating Partnership relate to the ownership of Common Units by various individuals and entities other than the Company. Our Level 1 liability is our non-qualified deferred compensation obligation.

Level 2. Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the related assets or liabilities.

Our Level 2 asset is the fair value of certain of our mortgages and notes receivable, which was estimated by the income approach utilizing contractual cash flows and market-based interest rates to approximate the price that would be paid in an orderly transaction between market participants.
 
Our Level 2 liabilities include (1) the fair value of our mortgages and notes payable, which was estimated by the income approach utilizing contractual cash flows and market-based interest rates to approximate the price that would be paid in an orderly transaction between market participants and (2) interest rate swaps whose fair value is determined using the market standard methodology of netting the discounted future fixed cash receipts and the discounted expected variable cash payments. The variable cash payments of our interest rate swaps are based on the expectation of future LIBOR interest rates (forward curves) derived from observed market LIBOR interest rate curves. In addition, credit valuation adjustments are incorporated in the fair values to account for potential nonperformance risk, but were concluded to not be significant inputs to the calculation for the periods presented.
 
Level 3. Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.
 
Our Level 3 assets include (1) certain of our mortgages and notes receivable, which were estimated by the income approach utilizing internal cash flow projections and market interest rates to estimate the price that would be paid in an orderly transaction between market participants, (2) our tax increment financing bond, which is not routinely traded but whose fair value is determined by the income approach utilizing contractual cash flows and market-based interest rates to estimate the projected redemption value based on quoted bid/ask prices for similar unrated municipal bonds, and (3) any real estate assets and for-sale residential condominiums recorded at fair value on a non-recurring basis as a result of our quarterly impairment analysis, which were valued using broker opinion of value and substantiated by internal cash flow projections.
 
Our Level 3 liabilities include the fair value of our contingent consideration to acquire real estate assets and financing obligations, which were estimated by the income approach to approximate the price that would be paid in an orderly transaction between market participants, utilizing: (1) contractual cash flows; (2) market-based interest rates; and (3) a number of other assumptions including demand for space, competition for customers, changes in market rental rates, costs of operation and expected ownership periods.

The following tables set forth the assets, noncontrolling interests in the Operating Partnership and liabilities that we measure at fair value by level within the fair value hierarchy. We determine the level based on the lowest level of substantive input used to determine fair value.


11.
Disclosure About Fair Value of Financial Instruments – Continued
 
 
 
 
Level 1
 
Level 2
 
Level 3
 
December 31, 2012
 
Quoted Prices
in Active
Markets for Identical Assets or Liabilities
 
Significant Observable Inputs
 
Significant Unobservable Inputs
Assets:
 
 
 
 
 
 
 
Mortgages and notes receivable, at fair value (1)
$
24,725

 
$
—

 
$
16,077

 
$
8,648

Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)
3,354

 
3,354

 
—

 
—

Tax increment financing bond (in prepaid expenses and other assets)
14,496

 
—

 
—

 
14,496

Total Assets
$
42,575

 
$
3,354

 
$
16,077

 
$
23,144

Noncontrolling Interests in the Operating Partnership
$
124,869

 
$
124,869

 
$
—

 
$
—

Liabilities:
 
 
 
 
 
 
 
Mortgages and notes payable, at fair value (1)
$
1,987,364

 
$
—

 
$
1,987,364

 
$
—

Interest rate swaps (in accounts payable, accrued expenses and other liabilities)
9,369

 
—

 
9,369

 
—

Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)
3,354

 
3,354

 
—

 
—

Contingent consideration to acquire real estate assets (in accounts payable, accrued expenses and other liabilities)
563

 
—

 
—

 
563

Financing obligations, at fair value (1)
23,252

 
—

 
—

 
23,252

Total Liabilities
$
2,023,902

 
$
3,354

 
$
1,996,733

 
$
23,815

 
 
 
 
Level 1
 
Level 2
 
Level 3
 
December 31, 2011
 
Quoted Prices
in Active
Markets for Identical Assets or Liabilities
 
Significant Observable Inputs
 
Significant Unobservable Inputs
Assets:
 
 
 
 
 
 
 
Mortgages and notes receivable, at fair value (1)
$
18,990

 
$
—

 
$
18,990

 
$
—

Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)
3,149

 
3,149

 
—

 
—

Tax increment financing bond (in prepaid expenses and other assets)
14,788

 
—

 
—

 
14,788

Impaired real estate assets and for-sale residential condominiums
12,767

 
—

 
—

 
12,767

Total Assets
$
49,694

 
$
3,149

 
$
18,990

 
$
27,555

Noncontrolling Interests in the Operating Partnership
$
110,655

 
$
110,655

 
$
—

 
$
—

Liabilities:
 
 
 
 
 
 
 
Mortgages and notes payable, at fair value (1)
$
1,959,438

 
$
—

 
$
1,959,438

 
$
—

Interest rate swaps (in accounts payable, accrued expenses and other liabilities)
2,202

 
—

 
2,202

 
—

Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)
3,149

 
3,149

 
—

 
—

Financing obligations, at fair value (1)
17,572

 
—

 
—

 
17,572

Total Liabilities
$
1,982,361

 
$
3,149

 
$
1,961,640

 
$
17,572


__________
(1)    Amounts recorded at historical cost on our Consolidated Balance Sheets at December 31, 2012 and 2011, respectively.


11.
Disclosure About Fair Value of Financial Instruments – Continued

The following table sets forth the changes in our Level 3 asset and liability, which are recorded at fair value on our Consolidated Balance Sheets on a recurring basis:
 
December 31,
 
2012
 
2011
Asset:
 
 
 
Tax Increment Financing Bond:
 
 
 
Beginning balance
$
14,788

 
$
15,699

Principal repayment
(703
)
 
(1,145
)
Unrealized gains (in AOCL)
411

 
234

Ending balance
$
14,496

 
$
14,788

Liability:
 
 
 
Contingent Consideration to Acquire Real Estate Assets:
 
 
 
Beginning balance
$
—

 
$
—

Fair value at acquisition date
677

 
—

Unrealized gains (in general and administrative expenses)
(114
)
 
—

Ending balance
$
563

 
$
—


 
During 2007, we acquired a tax increment financing bond associated with a parking garage developed by us. This bond amortizes to maturity in 2020. The estimated fair value at December 31, 2012 was $1.9 million below the outstanding principal due on the bond. If the discount rate used to fair value this bond was 100 basis points higher or lower, the fair value of the bond would have been $0.5 million lower or $0.5 million higher, respectively, as of December 31, 2012. We intend to hold this bond and have concluded that we will not be required to sell this bond before recovery of the bond principal. Payment of the principal and interest for the bond is guaranteed by us. We have recorded no credit losses related to the bond during the years ended December 31, 2012 and 2011. There is no legal right of offset with the liability, which we report as a financing obligation, related to this tax increment financing bond.
 
The following table sets forth quantitative information about the unobservable inputs of our Level 3 asset and liability, which are recorded at fair value on our Consolidated Balance Sheets on a recurring basis:
 
 
Fair Value at
December 31, 2012
 
Valuation
Technique
 
Unobservable
Input
 
Rate/ Percentage
Asset:
 
 
 
 
 
 
 
Tax increment financing bond
$
14,496

 
Income approach
 
Discount rate
 
10.34
%
Liability:
 
 
 
 
 
 
 
Contingent consideration to acquire real estate assets
$
563

 
Income approach
 
Payout percentage
 
75.00
%
Disclosure About Fair Value of Financial Instruments 
11.
Disclosure About Fair Value of Financial Instruments

The following summarizes the three levels of inputs that we use to measure fair value, as well as the assets and liabilities that we recognize at fair value using those levels of inputs.

Level 1.  Quoted prices in active markets for identical assets or liabilities.

Our Level 1 assets are investments in marketable securities that we use to pay benefits under our non-qualified deferred compensation plan. Our Level 1 liability is our non-qualified deferred compensation obligation.

Level 2. Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the related assets or liabilities.

Our Level 2 asset is the fair value of certain of our mortgages and notes receivable, which was estimated by the income approach utilizing contractual cash flows and market-based interest rates to approximate the price that would be paid in an orderly transaction between market participants.
 
Our Level 2 liabilities include (1) the fair value of our mortgages and notes payable, which was estimated by the income approach utilizing contractual cash flows and market-based interest rates to approximate the price that would be paid in an orderly transaction between market participants and (2) interest rate swaps whose fair value is determined using the market standard methodology of netting the discounted future fixed cash receipts and the discounted expected variable cash payments. The variable cash payments of our interest rate swaps are based on the expectation of future LIBOR interest rates (forward curves) derived from observed market LIBOR interest rate curves. In addition, credit valuation adjustments are incorporated in the fair values to account for potential nonperformance risk, but were concluded to not be significant inputs to the calculation for the periods presented.

Level 3. Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.

Our Level 3 assets include (1) certain of our mortgages and notes receivable, which were estimated by the income approach utilizing internal cash flow projections and market interest rates to estimate the price that would be paid in an orderly transaction between market participants, (2) our tax increment financing bond, which is not routinely traded but whose fair value is determined by the income approach utilizing contractual cash flows and market-based interest rates to estimate the projected redemption value based on quoted bid/ask prices for similar unrated municipal bonds, and (3) any real estate assets and for-sale residential condominiums recorded at fair value on a non-recurring basis as a result of our quarterly impairment analysis, which were valued using broker opinion of value and substantiated by internal cash flow projections.
 
Our Level 3 liabilities include the fair value of our contingent consideration to acquire real estate assets and financing obligations, which were estimated by the income approach to approximate the price that would be paid in an orderly transaction between market participants, utilizing: (1) contractual cash flows; (2) market-based interest rates; and (3) a number of other assumptions including demand for space, competition for customers, changes in market rental rates, costs of operation and expected ownership periods.

The following tables set forth the assets and liabilities that we measure at fair value by level within the fair value hierarchy. We determine the level based on the lowest level of substantive input used to determine fair value.


11.
Disclosure About Fair Value of Financial Instruments – Continued

 
 
 
Level 1
 
Level 2
 
Level 3
 
December 31, 2012
 
Quoted Prices
in Active
Markets for Identical Assets or Liabilities
 
Significant Observable Inputs
 
Significant Unobservable Inputs
Assets:
 
 
 
 
 
 
 
Mortgages and notes receivable, at fair value (1)
$
24,725

 
$
—

 
$
16,077

 
$
8,648

Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)
3,354

 
3,354

 
—

 
—

Tax increment financing bond (in prepaid expenses and other assets)
14,496

 
—

 
—

 
14,496

Total Assets
$
42,575

 
$
3,354

 
$
16,077

 
$
23,144

Liabilities:
 
 
 
 
 
 
 
Mortgages and notes payable, at fair value (1)
$
1,987,364

 
$
—

 
$
1,987,364

 
$
—

Interest rate swaps (in accounts payable, accrued expenses and other liabilities)
9,369

 
—

 
9,369

 
—

Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)
3,354

 
3,354

 
—

 
—

Contingent consideration to acquire real estate assets (in accounts payable, accrued expenses and other liabilities)
563

 
—

 
—

 
563

Financing obligations, at fair value (1)
23,252

 
—

 
—

 
23,252

Total Liabilities
$
2,023,902

 
$
3,354

 
$
1,996,733

 
$
23,815



 
 
 
Level 1
 
Level 2
 
Level 3
 
December 31, 2011
 
Quoted Prices
in Active
Markets for Identical Assets or Liabilities
 
Significant Observable Inputs
 
Significant Unobservable Inputs
Assets:
 
 
 
 
 
 
 
Mortgages and notes receivable, at fair value (1)
$
18,990

 
$
—

 
$
18,990

 
$
—

Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)
3,149

 
3,149

 
—

 
—

Tax increment financing bond (in prepaid expenses and other assets)
14,788

 
—

 
—

 
14,788

Impaired real estate assets and for-sale residential condominiums
12,767

 
—

 
—

 
12,767

Total Assets
$
49,694

 
$
3,149

 
$
18,990

 
$
27,555

Liabilities:
 
 
 
 
 
 
 
Mortgages and notes payable, at fair value (1)
$
1,959,438

 
$
—

 
$
1,959,438

 
$
—

Interest rate swaps (in accounts payable, accrued expenses and other liabilities)
2,202

 
—

 
2,202

 
—

Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)
3,149

 
3,149

 
—

 
—

Financing obligations, at fair value (1)
17,572

 
—

 
—

 
17,572

Total Liabilities
$
1,982,361

 
$
3,149

 
$
1,961,640

 
$
17,572

__________
(1)    Amounts recorded at historical cost on our Consolidated Balance Sheets at December 31, 2012 and 2011, respectively.


11.
Disclosure About Fair Value of Financial Instruments – Continued

The following table sets forth the changes in our Level 3 asset and liability, which are recorded at fair value on our Consolidated Balance Sheets on a recurring basis:

 
December 31,
 
2012
 
2011
Asset:
 
 
 
Tax Increment Financing Bond:
 
 
 
Beginning balance
$
14,788

 
$
15,699

Principal repayment
(703
)
 
(1,145
)
Unrealized gains (in AOCL)
411

 
234

Ending balance
$
14,496

 
$
14,788

Liability:
 
 
 
Contingent Consideration to Acquire Real Estate Assets:
 
 
 
Beginning balance
$
—

 
$
—

Fair value at acquisition date
677

 
—

Unrealized gains (in general and administrative expenses)
(114
)
 
—

Ending balance
$
563

 
$
—



During 2007, we acquired a tax increment financing bond associated with a parking garage developed by us. This bond amortizes to maturity in 2020. The estimated fair value at December 31, 2012 was $1.9 million below the outstanding principal due on the bond. If the discount rate used to fair value this bond was 100 basis points higher or lower, the fair value of the bond would have been $0.5 million lower or $0.5 million higher, respectively, as of December 31, 2012. We intend to hold this bond and have concluded that we will not be required to sell this bond before recovery of the bond principal. Payment of the principal and interest for the bond is guaranteed by us. We have recorded no credit losses related to the bond during the years ended December 31, 2012 and 2011. There is no legal right of offset with the liability, which we report as a financing obligation, related to this tax increment financing bond.

The following table sets forth quantitative information about the unobservable inputs of our Level 3 asset and liability, which are recorded at fair value on our Consolidated Balance Sheets on a recurring basis:

 
Fair Value at
December 31, 2012
 
Valuation
Technique
 
Unobservable
Input
 
Rate/ Percentage
Asset:
 
 
 
 
 
 
 
Tax increment financing bond
$
14,496

 
Income approach
 
Discount rate
 
10.34
%
Liability:
 
 
 
 
 
 
 
Contingent consideration to acquire real estate assets
$
563

 
Income approach
 
Payout percentage
 
75.00
%
Equity
Equity 
Equity
 
Common Stock Issuances
 
The Company has entered into equity sales agreements with various financial institutions to offer and sell, from time to time, shares of its Common Stock by means of ordinary brokers' transactions on the New York Stock Exchange or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices or as otherwise agreed with any of the institutions. During 2012, the Company issued 7,245,837 shares of Common Stock under these agreements at an average gross price of $33.12 per share and received net proceeds, after sales commissions and expenses, of $236.4 million. During 2011, the Company issued 378,200 shares of Common Stock under these agreements at an average gross price of $35.09 per share and received net proceeds, after sales commissions, of $13.1 million.

12.
Equity - Continued
 
Common Stock Dividends
 
Dividends declared and paid per share of Common Stock aggregated $1.70 for each of the years ended December 31, 2012, 2011 and 2010.

The following table sets forth the estimated taxability to the common stockholders of dividends per share for federal income tax purposes:
 
 
Year Ended December 31,
 
2012
 
2011
 
2010
Ordinary income
$
1.28

 
$
1.15

 
$
0.41

Capital gains
0.24

 
—

 
0.44

Return of capital
0.18

 
0.55

 
0.85

Total
$
1.70

 
$
1.70

 
$
1.70

Our tax returns have not been examined by the Internal Revenue Service (“IRS”) and, therefore, the taxability of dividends is subject to change.
 
Preferred Stock
 
In 2011, we redeemed the remaining 2.1 million outstanding 8.0% Series B Cumulative Redeemable Preferred Shares for an aggregate redemption price of $52.5 million, excluding accrued dividends. In connection with this redemption, the $1.9 million excess of the redemption cost over the net carrying amount of the redeemed shares was recorded as a reduction to net income available for common stockholders.
 
The following table sets forth our Preferred Stock:
 
Preferred Stock Issuances
 
Issue Date
 
Number of Shares Outstanding
 
Carrying Value
 
Liquidation Preference Per Share
 
Optional Redemption Date
 
Annual Dividends Payable Per Share
 
 
 
 
(in thousands)
 
 
 
 
 
 
 
 
December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
 
8.625% Series A Cumulative Redeemable
 
2/12/1997
 
29

 
$
29,077

 
$
1,000

 
2/12/2027
 
$
86.25

December 31, 2011
 
 
 
 
 
 
 
 
 
 
 
 
8.625% Series A Cumulative Redeemable
 
2/12/1997
 
29

 
$
29,077

 
$
1,000

 
2/12/2027
 
$
86.25

The following table sets forth the estimated taxability to the preferred stockholders of dividends per share for federal income tax purposes:
 
 
Year Ended December 31,
 
2012
 
2011
 
2010
8.625% Series A Cumulative Redeemable:
 
 
 
 
 
Ordinary income
$
72.46

 
$
86.25

 
$
41.80

Capital gains
13.79

 
—

 
44.45

Total
$
86.25

 
$
86.25

 
$
86.25

8.000% Series B Cumulative Redeemable:
 
 
 
 
 
Ordinary income
$
—

 
$
1.05

 
$
0.97

Capital gains
—

 
—

 
1.03

Total
$
—

 
$
1.05

 
$
2.00


12.
Equity - Continued

Our tax returns have not been examined by the Internal Revenue Service (“IRS”) and, therefore, the taxability of dividends is subject to change.

Warrants
 
At December 31, 2012 and 2011, there were 15,000 warrants outstanding with an exercise price of $32.50 per share. These warrants have no expiration date.
 
Dividend Reinvestment Plan
 
We have a Dividend Reinvestment and Stock Purchase Plan (“DRIP”) under which holders of Common Stock may elect to automatically reinvest their dividends in additional shares of Common Stock and make optional cash payments for additional shares of Common Stock. We may elect to satisfy DRIP obligations by issuing additional shares of Common Stock or instructing the DRIP administrator to purchase Common Stock in the open market.

Equity 
Equity
 
Common Stock Issuances
 
The Company has entered into equity sales agreements with various financial institutions to offer and sell, from time to time, shares of its Common Stock by means of ordinary brokers' transactions on the New York Stock Exchange or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices or as otherwise agreed with any of the institutions. During 2012, the Company issued 7,245,837 shares of Common Stock under these agreements at an average gross price of $33.12 per share and received net proceeds, after sales commissions and expenses, of $236.4 million. During 2011, the Company issued 378,200 shares of Common Stock under these agreements at an average gross price of $35.09 per share and received net proceeds, after sales commissions, of $13.1 million.

12.
Equity - Continued

 Common Unit Distributions
 
Distributions declared and paid per Common Unit aggregated $1.70 for each of the years ended December 31, 2012, 2011 and 2010.
 
Redeemable Common Units
 
The Operating Partnership is obligated to redeem each Redeemable Common Unit at the request of the holder thereof for cash equal to the value of one share of Common Stock based on the average of the market price for the 10 trading days immediately preceding the notice date of such redemption, provided that the Company at its option may elect to acquire any such Redeemable Common Unit presented for redemption for cash or one share of Common Stock. When a holder redeems a Redeemable Common Unit for a share of Common Stock or cash, the Company’s share in the Operating Partnership will be increased. The Common Units owned by the Company are not redeemable.
 
Preferred Units
 
In 2011, we redeemed the remaining 2.1 million outstanding 8.0% Series B Cumulative Redeemable Preferred Units for an aggregate redemption price of $52.5 million, excluding accrued distributions. In connection with this redemption, the $1.9 million excess of the redemption cost over the net carrying amount of the redeemed units was recorded as a reduction to net income available for common unitholders.

The following table sets forth our Preferred Units:
 
Preferred Unit Issuances
 
Issue Date
 
Number of
Units
Outstanding
 
Carrying
Value
 
Liquidation Preference
Per Unit
 
Optional Redemption
Date
 
Annual
Distributions
Payable
Per Unit
 
 
 
 
(in thousands)
 
 
 
 
 
 
 
 
December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
 
8.625% Series A Cumulative Redeemable
 
2/12/1997
 
29

 
$
29,077

 
$
1,000

 
2/12/2027
 
$
86.25

December 31, 2011
 
 
 
 
 
 
 
 
 
 
 
 
8.625% Series A Cumulative Redeemable
 
2/12/1997
 
29

 
$
29,077

 
$
1,000

 
2/12/2027
 
$
86.25


 
Warrants
 
Upon exercise of a warrant, the Company will contribute the exercise price to the Operating Partnership in exchange for Common Units. Therefore, the Operating Partnership accounts for such warrants as if issued by the Operating Partnership. At December 31, 2012 and 2011, there were 15,000 warrants outstanding with an exercise price of $32.50 per share. These warrants have no expiration date.
Employee Benefit Plans
Employee Benefit Plans 
Employee Benefit Plans

Officer, Management and Director Compensation Programs

Our officers participate in an annual non-equity incentive program whereby they are eligible for incentive cash payments based on a percentage of their annual base salary. Each officer has a target annual non-equity incentive payment percentage that ranges from 30% to 130% of base salary depending on the officer’s position. The officer’s actual incentive payment for the year is the product of the target annual incentive payment percentage times a “performance factor,” which can range from zero to 200%. This performance factor depends upon the relationship between how various performance criteria compare with predetermined goals. For an officer who has division responsibilities, goals for certain performance criteria are based partly on the division’s actual performance relative to that division’s established goals and partly on actual total performance. Incentive payments are accrued and expensed in the year earned.

Certain other employees participate in an annual non-equity incentive program whereby a target annual cash incentive payment is established based upon the job responsibilities of their position. Incentive payment eligibility ranges from 10% to 30% of annual base salary. The actual incentive payment is determined by our overall performance and the individual’s performance during each year. These incentive payments are also accrued and expensed in the year earned.

Our officers generally receive annual grants of stock options and restricted stock on or about March 1 of each year. Restricted stock grants are also made annually to directors and certain other employees. Except as set forth in the next sentence, dividends received on restricted stock are non-forfeitable and are paid at the same rate and on the same date as on shares of Common Stock. Commencing in 2012 with respect to shares of restricted stock issued to our chief executive officer and subject to any delay in payment that would result in adverse tax consequences under Section 409A of the Code, dividends will accumulate and be payable only if and to the extent the shares vest. Dividends paid on subsequently forfeited shares are expensed. Additional total return-based restricted stock may be issued at the end of the three-year periods if actual performance exceeds certain levels of performance. Such additional shares, if any, would be fully vested when issued. No expense is recorded for additional shares of total return-based restricted stock that may be issued at the end of the three-year period since that possibility is reflected in the grant date fair value. The following table sets forth the number of shares of Common Stock reserved for future issuance:

 
December 31,
 
2012
 
2011
Outstanding stock options and warrants
1,144,309

 
1,224,455

Possible future issuance under equity incentive plans
2,047,550

 
2,363,695

 
3,191,859

 
3,588,150



13.
Employee Benefit Plans - Continued

Of the possible future issuance under equity incentive plans at December 31, 2012, no more than 0.6 million can be in the form of restricted stock. At December 31, 2012, we had 119.7 million remaining shares of Common Stock authorized to be issued under our charter.

During the years ended December 31, 2012, 2011 and 2010, we recognized $7.6 million, $6.1 million and $6.6 million, respectively, of share-based compensation expense. Because REITs generally do not pay income taxes, we do not realize tax benefits on share-based payments. At December 31, 2012, there was $4.5 million of total unrecognized share-based compensation costs, which will be recognized over vesting periods that have a weighted average remaining term of 2.4 years.

- Stock Options

Stock options issued prior to 2005 vest ratably over four years and remain outstanding for 10 years. Stock options issued beginning in 2005 vest ratably over a four-year period and remain outstanding for seven years. The value of all options as of the date of grant is calculated using the Black-Scholes option-pricing model and is amortized over the respective vesting or service period. The fair values of options granted during 2012, 2011 and 2010 were $5.47, $6.47 and $4.96, respectively, per option. The fair values of the options granted were determined at the grant dates using the following assumptions:

 
2012
 
2011
 
2010
Risk free interest rate (1) 
1.1
%
 
2.4
%
 
2.6
%
Common stock dividend yield (2) 
5.3
%
 
5.0
%
 
5.9
%
Expected volatility (3) 
33.4
%
 
32.5
%
 
32.2
%
Average expected option life (years) (4)
5.75

 
5.75

 
5.75

__________
(1)
Represents the interest rate as of the grant date on US treasury bonds having the same life as the estimated life of the option grants.
(2)
The dividend yield is calculated utilizing the dividends paid for the previous one-year period and the per share price of Common Stock on the date of grant.
(3)
Based on the historical volatility of Common Stock over a period relevant to the related stock option grant.
(4)
The average expected option life is based on an analysis of our historical data.

The following table sets forth stock option activity:

 
Options Outstanding
 
Number of Shares
 
Weighted Average Exercise Price
Balances at December 31, 2009
1,467,773

 
$
27.15

Options granted
190,826

 
29.05

Options exercised
(178,403
)
 
22.54

Balances at December 31, 2010 
1,480,196

 
27.95

Options granted 
146,581

 
33.93

Options exercised 
(417,322
)
 
26.79

Balances at December 31, 2011
1,209,455

 
29.08

Options granted
190,886

 
31.97

Options exercised
(271,032
)
 
26.87

Balances at December 31, 2012 (1) (2)
1,129,309

 
$
30.10

__________

13.
Employee Benefit Plans - Continued

(1)
The outstanding options at December 31, 2012 had a weighted average remaining life of 3.3 years.
(2)
We have 634,550 options exercisable at December 31, 2012 with a weighted average exercise price of $30.75, weighted average remaining life of 2.1 years and intrinsic value of $2.6 million. Of these exercisable options, 173,007 had exercise prices higher than the market price of our Common Stock at December 31, 2012.

Cash received or receivable from options exercised was $7.4 million, $11.9 million and $4.4 million for the years ended December 31, 2012, 2011 and 2010, respectively. The total intrinsic value of options exercised during the years ended December 31, 2012, 2011 and 2010 was $1.9 million, $3.0 million and $1.7 million, respectively. The total intrinsic value of options outstanding at December 31, 2012, 2011 and 2010 was $5.0 million, $3.3 million and $7.2 million, respectively. We generally do not permit the net cash settlement of exercised stock options, but do permit net share settlement so long as the shares received are held for at least one year. We have a policy of issuing new shares to satisfy stock option exercises.

- Time-Based Restricted Stock

Shares of time-based restricted stock issued to officers and employees generally vest 25% on the first, second, third and fourth anniversary dates, respectively. Shares of time-based restricted stock issued to directors generally vest 25% on January 1 of each successive year after the grant date. The value of grants of time-based restricted stock is based on the market value of Common Stock as of the date of grant and is amortized to expense over the respective vesting or service periods.

The following table sets forth time-based restricted stock activity:

 
Number of Shares
 
Weighted Average Grant Date Fair Value
Restricted shares outstanding at December 31, 2009
316,074

 
$
28.60

Awarded and issued (1)
88,930

 
29.05

Vested (2) 
(138,745
)
 
31.81

Forfeited
(1,933
)
 
25.86

Restricted shares outstanding at December 31, 2010
264,326

 
27.08

Awarded and issued (1)
76,966

 
33.70

Vested (2) 
(116,631
)
 
30.64

Restricted shares outstanding at December 31, 2011
224,661

 
28.02

Awarded and issued (1)
90,983

 
32.27

Vested (2) 
(92,239
)
 
27.14

Forfeited
(903
)
 
30.12

Restricted shares outstanding at December 31, 2012
222,502

 
$
30.31

__________
(1)
The fair value at grant date of time-based restricted stock issued during the years ended December 31, 2012, 2011 and 2010 was $2.9 million, $2.6 million and $2.6 million, respectively.
(2)
The vesting date fair value of time-based restricted stock that vested during the years ended December 31, 2012, 2011 and 2010 was $2.9 million, $3.9 million and $4.3 million, respectively. Vested shares include those shares repurchased for withholding taxes.


13.
Employee Benefit Plans - Continued

- Total Return-Based Restricted Stock

During 2012, 2011 and 2010, we issued shares of total return-based restricted stock to officers that will vest from zero to 250% based on (1) our absolute total returns for certain pre-determined three-year periods relative to defined target returns and (2) whether our total return exceeds the average total returns of a selected group of peer companies. The grant date fair value of such shares of total return-based restricted stock was determined to be $38.71, $41.02 and $29.05, respectively, of the market value of a share of Common Stock as of the grant date and is amortized over the respective three-year period. The fair values of the total return-based restricted stock granted were determined at the grant dates using the following assumptions:

 
2012
 
2011
 
2010
Risk free interest rate (1) 
0.4
%
 
1.0
%
 
1.3
%
Common stock dividend yield (2) 
5.4
%
 
5.4
%
 
5.6
%
Expected volatility (3) 
43.7
%
 
42.8
%
 
42.5
%
__________
(1)
Represents the interest rate as of the grant date on US treasury bonds having the same life as the estimated life of the total return-based restricted stock grants.
(2)
The dividend yield is calculated utilizing the dividends paid for the previous one-year period and the per share price of Common Stock on the date of grant.
(3)
Based on the historical volatility of Common Stock over a period relevant to the related total return-based restricted stock grant.

The following table sets forth total return-based restricted stock activity:

 
Number of Shares
 
Weighted Average Grant Date Fair Value
Restricted shares outstanding at December 31, 2009
202,775

 
$
22.05

Awarded and issued (1)
77,624

 
29.05

Vested (2)
(47,257
)
 
38.50

Forfeited
(1,307
)
 
22.99

Restricted shares outstanding at December 31, 2010
231,835

 
21.03

Awarded and issued (1)
57,386

 
41.02

Vested (2)
(66,417
)
 
13.79

Forfeited
(99,975
)
 
13.79

Restricted shares outstanding at December 31, 2011
122,829

 
34.86

Awarded and issued (1)
67,902

 
38.71

Vested (2)
(32,722
)
 
29.47

Forfeited
(32,721
)
 
29.47

Restricted shares outstanding at December 31, 2012
125,288

 
$
32.87

__________
(1)
The fair value at grant date of total return-based restricted stock issued during the years ended December 31, 2012, 2011 and 2010 was $2.6 million, $2.4 million and $2.3 million, respectively. There were no performance-based restricted stock issued subsequent to 2008.
(2)
The vesting date fair value of total return-based and other types of performance-based restricted stock that vested during the years ended December 31, 2012, 2011 and 2010 was $1.1 million, $2.0 million and $1.6 million, respectively. Vested shares include those shares repurchased for withholding taxes.


13.
Employee Benefit Plans - Continued

Retirement Plan

We have adopted a retirement plan applicable to all employees, including officers, who, at the time of retirement, have at least 30 years of continuous qualified service or are at least 55 years old and have at least 10 years of continuous qualified service. Subject to advance retirement notice and execution of a non-compete agreement with us, eligible retirees are entitled to receive a pro rata amount of the annual incentive payment earned during the year of retirement. Stock options and restricted stock granted by us to such eligible retiree during his or her employment would be non-forfeitable and vest according to the terms of their original grants. For employees who meet the age and service eligibility requirements, 100% of their annual grants are expensed at the grant date as if fully vested.

Deferred Compensation

Prior to 2010, officers could elect to defer all or a portion of their base salary and/or amounts earned under our annual non-equity incentive plan, which was then invested in unrelated mutual funds under our non-qualified deferred compensation plan. These investments are recorded at fair value, which aggregated $3.4 million and $3.1 million at December 31, 2012 and 2011, respectively, and are included in prepaid expenses and other assets, with an offsetting deferred compensation liability recorded in accounts payable, accrued expenses and other liabilities. Deferred amounts ultimately payable to the officers and directors are based on the value of the related mutual fund investments. Accordingly, changes in the value of the unrelated mutual funds are recorded in interest and other income and the corresponding offsetting changes in the deferred compensation liability are recorded in general and administration expense. As a result, there is no effect on our net income. Prior to 2006, officers could elect to defer cash compensation for investment in units of phantom stock. At the end of each calendar quarter, any person who deferred compensation into phantom stock was credited with units of phantom stock at a 15% discount. Dividends on the phantom units were assumed to be issued in additional units of phantom stock at a 15% discount. By the terms of the plan, the cash value of all phantom stock outstanding under the plan was reinvested in unrelated mutual funds as of December 31, 2011.

The following table sets forth our deferred compensation liability:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Beginning deferred compensation liability
$
3,149

 
$
4,091

 
$
6,898

Contributions to deferred compensation plans
—

 
545

 
229

Mark-to-market adjustment to deferred compensation (in general and administrative expenses)
475

 
(119
)
 
246

Distributions from deferred compensation plans
(270
)
 
(1,368
)
 
(3,282
)
Total deferred compensation liability
$
3,354

 
$
3,149

 
$
4,091



401(k) Savings Plan

We have a 401(k) savings plan covering substantially all employees who meet certain age and employment criteria. We contribute amounts for each participant at a rate of 75% of the employee’s contribution (up to 6% of each employee’s bi-weekly salary and cash incentives subject to statutory limits). During the years ended December 31, 2012, 2011 and 2010, we contributed $1.0 million, $1.1 million and $1.0 million, respectively, to the 401(k) savings plan. The assets of this qualified plan are not included in our Consolidated Financial Statements since the assets are not owned by us. Administrative expenses of the plan are paid by us.


13.
Employee Benefit Plans - Continued

Employee Stock Purchase Plan

We have an Employee Stock Purchase Plan pursuant to which employees generally may contribute up to 25% of their cash compensation for the purchase of Common Stock. At the end of each three-month offering period, each participant's account balance, which includes accrued dividends, is applied to acquire shares of Common Stock at a cost that is calculated at 85% of the average closing price on the New York Stock Exchange on the five consecutive days preceding the last day of the quarter. In the years ended December 31, 2012, 2011 and 2010, the Company issued 34,126, 30,826 and 27,378 shares, respectively, of Common Stock under the Employee Stock Purchase Plan. The discount on newly issued shares is expensed by us as additional compensation and aggregated $0.2 million, $0.2 million and $0.1 million in the years ended December 31, 2012, 2011 and 2010, respectively.

Employee Benefit Plans 
Employee Benefit Plans
 
Officer, Management and Director Compensation Programs
 
The officers of the Company, which is the sole general partner of the Operating Partnership, participate in an annual non-equity incentive program whereby they are eligible for incentive cash payments based on a percentage of their annual base salary. Each officer has a target annual non-equity incentive payment percentage that ranges from 30% to 130% of base salary depending on the officer’s position. The officer’s actual incentive payment for the year is the product of the target annual incentive payment percentage times a “performance factor,” which can range from zero to 200%. This performance factor depends upon the relationship between how various performance criteria compare with predetermined goals. For an officer who has division responsibilities, goals for certain performance criteria are based partly on the division’s actual performance relative to that division’s established goals and partly on actual total performance. Incentive payments are accrued and expensed in the year earned.

13.
Employee Benefit Plans - Continued
 
Certain other employees participate in an annual non-equity incentive program whereby a target annual cash incentive payment is established based upon the job responsibilities of their position. Incentive payment eligibility ranges from 10% to 30% of annual base salary. The actual incentive payment is determined by our overall performance and the individual’s performance during each year. These incentive payments are also accrued and expensed in the year earned.
 
The Company's officers generally receive annual grants of stock options and restricted stock on or about March 1 of each year. Restricted stock grants are also made annually to directors and certain other employees. Except as set forth in the next sentence, dividends received on restricted stock are non-forfeitable and are paid at the same rate and on the same date as on shares of Common Stock. Commencing in 2012 with respect to shares of restricted stock issued to the Company's chief executive officer and subject to any delay in payment that would result in adverse tax consequences under Section 409A of the Code, dividends will accumulate and be payable only if and to the extent the shares vest. Dividends paid on subsequently forfeited shares are expensed. Additional total return-based restricted stock may be issued at the end of the three-year periods if actual performance exceeds certain levels of performance. Such additional shares, if any, would be fully vested when issued. No expense is recorded for additional shares of total return-based restricted stock that may be issued at the end of the three-year period since that possibility is reflected in the grant date fair value. The following table sets forth the number of shares of Common Stock reserved for future issuance:
 
 
December 31,
 
2012
 
2011
Outstanding stock options and warrants
1,144,309

 
1,224,455

Possible future issuance under equity incentive plans
2,047,550

 
2,363,695

 
3,191,859

 
3,588,150


 
Of the possible future issuance under equity incentive plans at December 31, 2012, no more than 0.6 million can be in the form of restricted stock. At December 31, 2012, the Company had 119.7 million remaining shares of Common Stock authorized to be issued under our charter.
 
During the years ended December 31, 2012, 2011 and 2010, we recognized $7.6 million, $6.1 million and $6.6 million, respectively, of share-based compensation expense. Because REITs generally do not pay income taxes, we do not realize tax benefits on share-based payments. At December 31, 2012, there was $4.5 million of total unrecognized share-based compensation costs, which will be recognized over vesting periods that have a weighted average remaining term of 2.4 years.
 
- Stock Options
 
Stock options issued prior to 2005 vest ratably over four years and remain outstanding for 10 years. Stock options issued beginning in 2005 vest ratably over a four-year period and remain outstanding for seven years. The value of all options as of the date of grant is calculated using the Black-Scholes option-pricing model and is amortized over the respective vesting or service period. The fair values of options granted during 2012, 2011 and 2010 were $5.47, $6.47 and $4.96, respectively, per option. The fair values of the options granted were determined at the grant dates using the following assumptions:
 
 
2012
 
2011
 
2010
Risk free interest rate (1) 
1.1
%
 
2.4
%
 
2.6
%
Common stock dividend yield (2) 
5.3
%
 
5.0
%
 
5.9
%
Expected volatility (3) 
33.4
%
 
32.5
%
 
32.2
%
Average expected option life (years) (4)
5.75

 
5.75

 
5.75

__________
(1)
Represents the interest rate as of the grant date on US treasury bonds having the same life as the estimated life of the option grants.
(2)
The dividend yield is calculated utilizing the dividends paid for the previous one-year period and the per share price of Common Stock on the date of grant.
(3)
Based on the historical volatility of Common Stock over a period relevant to the related stock option grant.
(4)
The average expected option life is based on an analysis of the Company's historical data.

13.
Employee Benefit Plans - Continued

The following table sets forth stock option activity:

 
Options Outstanding
 
Number of Shares
 
Weighted Average Exercise Price
Balances at December 31, 2009
1,467,773

 
$
27.15

Options granted
190,826

 
29.05

Options exercised
(178,403
)
 
22.54

Balances at December 31, 2010
1,480,196

 
27.95

Options granted 
146,581

 
33.93

Options exercised 
(417,322
)
 
26.79

Balances at December 31, 2011
1,209,455

 
29.08

Options granted
190,886

 
31.97

Options exercised
(271,032
)
 
26.87

Balances at December 31, 2012 (1) (2)
1,129,309

 
$
30.10

__________
(1)
The outstanding options at December 31, 2012 had a weighted average remaining life of 3.3 years.
(2)
The Company has 634,550 options exercisable at December 31, 2012 with a weighted average exercise price of $30.75, weighted average remaining life of 2.1 years and intrinsic value of $2.6 million. Of these exercisable options, 173,007 had exercise prices higher than the market price of our Common Stock at December 31, 2012.

Cash received or receivable from options exercised was $7.4 million, $11.9 million and $4.4 million for the years ended December 31, 2012, 2011 and 2010, respectively. The total intrinsic value of options exercised during the years ended December 31, 2012, 2011 and 2010 was $1.9 million, $3.0 million and $1.7 million, respectively. The total intrinsic value of options outstanding at December 31, 2012, 2011 and 2010 was $5.0 million, $3.3 million and $7.2 million, respectively. The Company generally does not permit the net cash settlement of exercised stock options, but does permit net share settlement so long as the shares received are held for at least one year. The Company has a policy of issuing new shares to satisfy stock option exercises.

- Time-Based Restricted Stock

Shares of time-based restricted stock issued to officers and employees generally vest 25% on the first, second, third and fourth anniversary dates, respectively. Shares of time-based restricted stock issued to directors generally vest 25% on January 1 of each successive year after the grant date. The value of grants of time-based restricted stock is based on the market value of Common Stock as of the date of grant and is amortized to expense over the respective vesting or service periods.

13.
Employee Benefit Plans - Continued

The following table sets forth time-based restricted stock activity:

 
Number of Shares
 
Weighted Average Grant Date Fair Value
Restricted shares outstanding at December 31, 2009
316,074

 
$
28.60

Awarded and issued (1)
88,930

 
29.05

Vested (2) 
(138,745
)
 
31.81

Forfeited
(1,933
)
 
25.86

Restricted shares outstanding at December 31, 2010
264,326

 
27.08

Awarded and issued (1)
76,966

 
33.70

Vested (2) 
(116,631
)
 
30.64

Restricted shares outstanding at December 31, 2011
224,661

 
28.02

Awarded and issued (1)
90,983

 
32.27

Vested (2) 
(92,239
)
 
27.14

Forfeited
(903
)
 
30.12

Restricted shares outstanding at December 31, 2012
222,502

 
$
30.31

__________
(1)
The fair value at grant date of time-based restricted stock issued during the years ended December 31, 2012, 2011 and 2010 was $2.9 million, $2.6 million and $2.6 million, respectively.
(2)
The vesting date fair value of time-based restricted stock that vested during the years ended December 31, 2012, 2011 and 2010 was $2.9 million, $3.9 million and $4.3 million, respectively. Vested shares include those shares repurchased for withholding taxes.

- Total Return-Based Restricted Stock

During 2012, 2011 and 2010, we issued shares of total return-based restricted stock to officers that will vest from zero to 250% based on (1) our absolute total returns for certain pre-determined three-year periods relative to defined target returns and (2) whether the Company's total return exceeds the average total returns of a selected group of peer companies. The grant date fair value of such shares of total return-based restricted stock was determined to be $38.71, $41.02 and $29.05, respectively, of the market value of a share of Common Stock as of the grant date and is amortized over the respective three-year period. The fair values of the total return-based restricted stock granted were determined at the grant dates using the following assumptions:

 
2012
 
2011
 
2010
Risk free interest rate (1) 
0.4
%
 
1.0
%
 
1.3
%
Common stock dividend yield (2) 
5.4
%
 
5.4
%
 
5.6
%
Expected volatility (3) 
43.7
%
 
42.8
%
 
42.5
%
__________
(1)
Represents the interest rate as of the grant date on US treasury bonds having the same life as the estimated life of the total return-based restricted stock grants.
(2)
The dividend yield is calculated utilizing the dividends paid for the previous one-year period and the per share price of Common Stock on the date of grant.
(3)
Based on the historical volatility of Common Stock over a period relevant to the related total return-based restricted stock grant.

13.
Employee Benefit Plans - Continued

The following table sets forth total return-based restricted stock activity:

 
Number of Shares
 
Weighted Average Grant Date Fair Value
Restricted shares outstanding at December 31, 2009
202,775

 
$
22.05

Awarded and issued (1)
77,624

 
29.05

Vested (2)
(47,257
)
 
38.50

Forfeited
(1,307
)
 
22.99

Restricted shares outstanding at December 31, 2010
231,835

 
21.03

Awarded and issued (1)
57,386

 
41.02

Vested (2)
(66,417
)
 
13.79

Forfeited
(99,975
)
 
13.79

Restricted shares outstanding at December 31, 2011
122,829

 
34.86

Awarded and issued (1)
67,902

 
38.71

Vested (2)
(32,722
)
 
29.47

Forfeited
(32,721
)
 
29.47

Restricted shares outstanding at December 31, 2012
125,288

 
$
32.87

__________
(1)
The fair value at grant date of total return-based restricted stock issued during the years ended December 31, 2012, 2011 and 2010 was $2.6 million, $2.4 million and $2.3 million, respectively. There were no performance-based restricted stock issued subsequent to 2008.
(2)
The vesting date fair value of total return-based and other types of performance-based restricted stock that vested during the years ended December 31, 2012, 2011 and 2010 was $1.1 million, $2.0 million and $1.6 million, respectively. Vested shares include those shares repurchased for withholding taxes.

Retirement Plan

The Company has adopted a retirement plan applicable to all employees, including officers, who, at the time of retirement, have at least 30 years of continuous qualified service or are at least 55 years old and have at least 10 years of continuous qualified service. Subject to advance retirement notice and execution of a non-compete agreement with us, eligible retirees are entitled to receive a pro rata amount of the annual incentive payment earned during the year of retirement. Stock options and restricted stock granted by the Company to such eligible retiree during his or her employment would be non-forfeitable and vest according to the terms of their original grants. For employees who meet the age and service eligibility requirements, 100% of their annual grants are expensed at the grant date as if fully vested.

Deferred Compensation

Prior to 2010, officers could elect to defer all or a portion of their base salary and/or amounts earned under the Company's annual non-equity incentive plan, which was then invested in unrelated mutual funds under its non-qualified deferred compensation plan. These investments are recorded at fair value, which aggregated $3.4 million and $3.1 million at December 31, 2012 and 2011, respectively, and are included in prepaid expenses and other assets, with an offsetting deferred compensation liability recorded in accounts payable, accrued expenses and other liabilities. Deferred amounts ultimately payable to the officers and directors are based on the value of the related mutual fund investments. Accordingly, changes in the value of the unrelated mutual funds are recorded in interest and other income and the corresponding offsetting changes in the deferred compensation liability are recorded in general and administration expense. As a result, there is no effect on our net income. Prior to 2006, officers could elect to defer cash compensation for investment in units of phantom stock. At the end of each calendar quarter, any person who deferred compensation into phantom stock was credited with units of phantom stock at a 15% discount. Dividends on the phantom units were assumed to be issued in additional units of phantom stock at a 15% discount. By the terms of the plan, the cash value of all phantom stock outstanding under the plan was reinvested in unrelated mutual funds as of December 31, 2011.

13.
Employee Benefit Plans - Continued
 
The following table sets forth the Company's deferred compensation liability:
 
 
Year Ended December 31,
 
2012
 
2011
 
2010
Beginning deferred compensation liability
$
3,149

 
$
4,091

 
$
6,898

Contributions to deferred compensation plans
—

 
545

 
229

Mark-to-market adjustment to deferred compensation (in general and administrative expenses)
475

 
(119
)
 
246

Distributions from deferred compensation plans
(270
)
 
(1,368
)
 
(3,282
)
Total deferred compensation liability
$
3,354

 
$
3,149

 
$
4,091



401(k) Savings Plan
 
We have a 401(k) savings plan covering substantially all employees who meet certain age and employment criteria. We contribute amounts for each participant at a rate of 75% of the employee’s contribution (up to 6% of each employee’s bi-weekly salary and cash incentives subject to statutory limits). During the years ended December 31, 2012, 2011 and 2010, we contributed $1.0 million, $1.1 million and $1.0 million, respectively, to the 401(k) savings plan. The assets of this qualified plan are not included in our Consolidated Financial Statements since the assets are not owned by us. Administrative expenses of the plan are paid by us.

Employee Stock Purchase Plan

The Company has an Employee Stock Purchase Plan pursuant to which employees generally may contribute up to 25% of their cash compensation for the purchase of Common Stock. At the end of each three-month offering period, each participant's account balance, which includes accrued dividends, is applied to acquire shares of Common Stock at a cost that is calculated at 85% of the average closing price on the New York Stock Exchange on the five consecutive days preceding the last day of the quarter. In the years ended December 31, 2012, 2011 and 2010, the Company issued 34,126, 30,826 and 27,378 shares, respectively, of Common Stock under the Employee Stock Purchase Plan. The discount on newly issued shares is expensed by us as additional compensation and aggregated $0.2 million, $0.2 million and $0.1 million in the years ended December 31, 2012, 2011 and 2010, respectively.
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss 
Accumulated Other Comprehensive Loss

The following table sets forth the components of accumulated other comprehensive loss:

 
December 31,
 
2012
 
2011
Tax increment financing bond:
 
 
 
Beginning balance
$
(2,309
)
 
$
(2,543
)
Unrealized gains on tax increment financing bond
411

 
234

Ending balance
(1,898
)
 
(2,309
)
Cash flow hedges:
 
 
 
Beginning balance
(3,425
)
 
(1,105
)
Unrealized losses on cash flow hedges
(10,358
)
 
(2,202
)
Amortization of cash flow hedges
3,053

 
(118
)
Ending balance
(10,730
)
 
(3,425
)
Total accumulated other comprehensive loss
$
(12,628
)
 
$
(5,734
)
Accumulated Other Comprehensive Loss 
Accumulated Other Comprehensive Loss
 
The following table sets forth the components of accumulated other comprehensive loss:
 
 
December 31,
 
2012
 
2011
Tax increment financing bond:
 
 
 
Beginning balance
$
(2,309
)
 
$
(2,543
)
Unrealized gains on tax increment financing bond
411

 
234

Ending balance
(1,898
)
 
(2,309
)
Cash flow hedges:
 
 
 
Beginning balance
(3,425
)
 
(1,105
)
Unrealized losses on cash flow hedges
(10,358
)
 
(2,202
)
Amortization of cash flow hedges
3,053

 
(118
)
Ending balance
(10,730
)
 
(3,425
)
Total accumulated other comprehensive loss
$
(12,628
)
 
$
(5,734
)
Rental and Other Revenues; Rental Property and Other Expenses
Rental and Other Revenues; Rental Property and Other Expenses 
Rental and Other Revenues; Rental Property and Other Expenses

Our real estate assets are leased to customers under operating leases. The minimum rental amounts under the leases are generally subject to scheduled fixed increases. Generally, the leases also provide that we receive cost recovery income from customers for increases in certain costs above the base-year costs. The following table sets forth rental and other revenues from continuing operations:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Contractual rents, net
$
439,610

 
$
402,275

 
$
379,554

Straight-line rental income, net
18,775

 
12,173

 
10,582

Amortization of lease incentives
(1,424
)
 
(1,342
)
 
(1,202
)
Cost recovery income, net
41,289

 
35,561

 
41,101

Lease termination fees
1,848

 
2,439

 
2,938

Fee income
4,965

 
5,571

 
5,466

Other miscellaneous operating revenues
11,039

 
6,767

 
2,397

 
$
516,102

 
$
463,444

 
$
440,836


The following table sets forth scheduled future minimum base rents to be received from customers for leases in effect at December 31, 2012 for the Wholly Owned Properties:

2013
$
463,913

2014
430,278

2015
378,021

2016
325,970

2017
267,530

Thereafter
878,894

 
$
2,744,606


The following table sets forth rental property and other expenses from continuing operations:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Utilities, insurance and real estate taxes
$
100,956

 
$
92,119

 
$
86,013

Maintenance, cleaning and general building
69,026

 
58,910

 
54,422

Property management and administrative expenses
12,542

 
11,295

 
10,832

Other miscellaneous operating expenses
4,910

 
5,529

 
4,504

 
$
187,434

 
$
167,853

 
$
155,771




Rental and Other Revenues; Rental Property and Other Expenses 
Rental and Other Revenues; Rental Property and Other Expenses

Our real estate assets are leased to customers under operating leases. The minimum rental amounts under the leases are generally subject to scheduled fixed increases. Generally, the leases also provide that we receive cost recovery income from customers for increases in certain costs above the base-year costs. The following table sets forth rental and other revenues from continuing operations:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Contractual rents, net
$
439,610

 
$
402,275

 
$
379,554

Straight-line rental income, net
18,775

 
12,173

 
10,582

Amortization of lease incentives
(1,424
)
 
(1,342
)
 
(1,202
)
Cost recovery income, net
41,289

 
35,561

 
41,101

Lease termination fees
1,848

 
2,439

 
2,938

Fee income
4,965

 
5,571

 
5,466

Other miscellaneous operating revenues
11,039

 
6,767

 
2,397

 
$
516,102

 
$
463,444

 
$
440,836


The following table sets forth scheduled future minimum base rents to be received from customers for leases in effect at December 31, 2012 for the Wholly Owned Properties:

2013
$
463,913

2014
430,278

2015
378,021

2016
325,970

2017
267,530

Thereafter
878,894

 
$
2,744,606



The following table sets forth rental property and other expenses from continuing operations:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Utilities, insurance and real estate taxes
$
100,707

 
$
92,093

 
$
85,653

Maintenance, cleaning and general building
69,026

 
58,910

 
54,422

Property management and administrative expenses
12,542

 
11,295

 
10,832

Other miscellaneous operating expenses
4,910

 
5,529

 
4,504

 
$
187,185

 
$
167,827

 
$
155,411

Discontinued Operations
Discontinued Operations 
Discontinued Operations

The following table sets forth our operations which required classification as discontinued operations:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Rental and other revenues
$
10,120

 
$
21,002

 
$
23,917

Operating expenses:
 
 
 
 
 
Rental property and other expenses
3,766

 
8,865

 
9,273

Depreciation and amortization
2,009

 
5,256

 
5,926

Total operating expenses
5,775

 
14,121

 
15,199

Interest expense
283

 
489

 
421

Income from discontinued operations
4,062

 
6,392

 
8,297

Net gains/(losses) on disposition of discontinued operations
29,455

 
2,573

 
(86
)
Total discontinued operations
$
33,517

 
$
8,965

 
$
8,211

Carrying value of assets held for sale and assets sold that qualified for discontinued operations during the year
$
122,861

 
$
137,237

 
$
165,243


The following table sets forth the major classes of assets and liabilities of our real estate and other assets, net, held for sale and liabilities held for sale:

 
December 31,
 
2012
 
2011
Assets:
 
 
 
Land
$
—

 
$
14,077

Buildings and tenant improvements
—

 
135,013

Less - accumulated depreciation
—

 
(32,254
)
Net real estate assets
—

 
116,836

Accrued straight-line rents receivable
—

 
6,520

Deferred leasing costs, net
—

 
811

Prepaid expenses and other assets
—

 
106

Real estate and other assets, net, held for sale
$
—

 
$
124,273

Liabilities:
 
 
 
Mortgages and notes payable
$
—

 
$
34,307

Accrued expenses and other liabilities
—

 
214

Financing obligations
—

 
1,294

Liabilities held for sale
$
—

 
$
35,815



As of December 31, 2012, there were no real estate and other assets, net, held for sale. As of December 31, 2011, real estate and other assets, net, held for sale included five office properties in Nashville, TN, one office property in Pinellas County, FL, one office property and 96 residential units in Kansas City, MO and three buildings in Jackson, MS and Atlanta, GA. All of these properties qualified for discontinued operations in 2012.
Discontinued Operations 
Discontinued Operations

The following table sets forth our operations which required classification as discontinued operations:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Rental and other revenues
$
10,120

 
$
21,002

 
$
23,917

Operating expenses:
 
 
 
 
 
Rental property and other expenses
3,766

 
8,865

 
9,273

Depreciation and amortization
2,009

 
5,256

 
5,926

Total operating expenses
5,775

 
14,121

 
15,199

Interest expense
283

 
489

 
421

Income from discontinued operations
4,062

 
6,392

 
8,297

Net gains/(losses) on disposition of discontinued operations
29,455

 
2,573

 
(86
)
Total discontinued operations
$
33,517

 
$
8,965

 
$
8,211

Carrying value of assets held for sale and assets sold that qualified for discontinued operations during the year
$
122,861

 
$
137,237

 
$
165,243



The following table sets forth the major classes of assets and liabilities of our real estate and other assets, net, held for sale and liabilities held for sale:

 
December 31,
 
2012
 
2011
Assets:
 
 
 
Land
$
—

 
$
14,077

Buildings and tenant improvements
—

 
135,013

Less - accumulated depreciation
—

 
(32,254
)
Net real estate assets
—

 
116,836

Accrued straight-line rents receivable
—

 
6,520

Deferred leasing costs, net
—

 
811

Prepaid expenses and other assets
—

 
106

Real estate and other assets, net, held for sale
$
—

 
$
124,273

Liabilities:
 
 
 
Mortgages and notes payable
$
—

 
$
34,307

Accrued expenses and other liabilities
—

 
214

Financing obligations
—

 
1,294

Liabilities held for sale
$
—

 
$
35,815



As of December 31, 2012, there were no real estate and other assets, net, held for sale. As of December 31, 2011, real estate and other assets, net, held for sale included five office properties in Nashville, TN, one office property in Pinellas County, FL, one office property and 96 residential units in Kansas City, MO and three buildings in Jackson, MS and Atlanta, GA. All of these properties qualified for discontinued operations in 2012.
Earnings Per Share
Earnings Per Share 
Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Earnings per Common Share - basic:
 
 
 
 
 
Numerator:
 
 
 
 
 
Income from continuing operations
$
50,718

 
$
39,006

 
$
64,092

Net (income) attributable to noncontrolling interests in the Operating Partnership from continuing operations
(2,260
)
 
(1,645
)
 
(2,905
)
Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations
(786
)
 
(755
)
 
(485
)
Dividends on Preferred Stock
(2,508
)
 
(4,553
)
 
(6,708
)
Excess of Preferred Stock redemption/repurchase cost over carrying value
—

 
(1,895
)
 
—

Income from continuing operations available for common stockholders
45,164

 
30,158

 
53,994

Income from discontinued operations
33,517

 
8,965

 
8,211

Net (income) attributable to noncontrolling interests in the Operating Partnership from discontinued operations
(1,594
)
 
(446
)
 
(415
)
Income from discontinued operations available for common stockholders
31,923

 
8,519

 
7,796

Net income available for common stockholders
$
77,087

 
$
38,677

 
$
61,790

Denominator:
 
 
 
 
 
Denominator for basic earnings per Common Share – weighted average shares (1) (2)
75,811

 
72,281

 
71,578

Earnings per Common Share - basic:
 
 
 
 
 
Income from continuing operations available for common stockholders
$
0.60

 
$
0.42

 
$
0.75

Income from discontinued operations available for common stockholders
0.42

 
0.12

 
0.11

Net income available for common stockholders
$
1.02

 
$
0.54

 
$
0.86

Earnings per Common Share - diluted:
 
 
 
 
 
Numerator:
 
 
 
 
 
Income from continuing operations
$
50,718

 
$
39,006

 
$
64,092

Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations
(786
)
 
(755
)
 
(485
)
Dividends on Preferred Stock
(2,508
)
 
(4,553
)
 
(6,708
)
Excess of Preferred Stock redemption/repurchase cost over carrying value
—

 
(1,895
)
 
—

Income from continuing operations available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership
47,424

 
31,803

 
56,899

Income from discontinued operations available for common stockholders
33,517

 
8,965

 
8,211

Net income available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership
$
80,941

 
$
40,768

 
$
65,110

Denominator:
 
 
 
 
 
Denominator for basic earnings per Common Share –weighted average shares (1) (2)
75,811

 
72,281

 
71,578

Add:
 
 
 
 
 
Stock options using the treasury method
122

 
136

 
198

Noncontrolling interests Common Units
3,745

 
3,772

 
3,802

Denominator for diluted earnings per Common Share – adjusted weighted average shares and assumed conversions (1)
79,678

 
76,189

 
75,578

Earnings per Common Share - diluted:
 
 
 
 
 
Income from continuing operations available for common stockholders
$
0.60

 
$
0.42

 
$
0.75

Income from discontinued operations available for common stockholders
0.42

 
0.12

 
0.11

Net income available for common stockholders
$
1.02

 
$
0.54

 
$
0.86

__________

17.
Earnings Per Share - Continued
 
(1)
There were 0.5 million, 0.4 million and 0.7 million options outstanding during the years ended December 31, 2012, 2011 and 2010, respectively, that were not included in the computation of diluted earnings per share because the impact of including such options would be anti-dilutive.
(2)
Includes all unvested restricted stock since dividends on such restricted stock are non-forfeitable.

Earnings Per Unit 
Earnings Per Unit

The following table sets forth the computation of basic and diluted earnings per unit:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Earnings per Common Unit - basic:
 
 
 
 
 
Numerator:
 
 
 
 
 
Income from continuing operations
$
50,778

 
$
39,067

 
$
64,065

Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations
(786
)
 
(755
)
 
(485
)
Distributions on Preferred Units
(2,508
)
 
(4,553
)
 
(6,708
)
Excess of Preferred Unit redemption/repurchase cost over carrying value
—

 
(1,895
)
 
—

Income from continuing operations available for common unitholders
47,484

 
31,864

 
56,872

Income from discontinued operations available for common unitholders
33,517

 
8,965

 
8,211

Net income available for common unitholders
$
81,001

 
$
40,829

 
$
65,083

Denominator:
 
 
 
 
 
Denominator for basic earnings per Common Unit – weighted average units (1) (2)
79,147

 
75,644

 
74,971

Earnings per Common Unit - basic:
 
 
 
 
 
Income from continuing operations available for common unitholders
$
0.60

 
$
0.42

 
$
0.76

Income from discontinued operations available for common unitholders
0.42

 
0.12

 
0.11

Net income available for common unitholders
$
1.02

 
$
0.54

 
$
0.87

Earnings per Common Unit - diluted:
 
 
 
 
 
Numerator:
 
 
 
 
 
Income from continuing operations
$
50,778

 
$
39,067

 
$
64,065

Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations
(786
)
 
(755
)
 
(485
)
Distributions on Preferred Units
(2,508
)
 
(4,553
)
 
(6,708
)
Excess of Preferred Unit redemption/repurchase cost over carrying value
—

 
(1,895
)
 
—

Income from continuing operations available for common unitholders
47,484

 
31,864

 
56,872

Income from discontinued operations available for common unitholders
33,517

 
8,965

 
8,211

Net income available for common unitholders
$
81,001

 
$
40,829

 
$
65,083

Denominator:
 
 
 
 
 
Denominator for basic earnings per Common Unit –weighted average units (1) (2)
79,147

 
75,644

 
74,971

Add:
 
 
 
 
 
Stock options using the treasury method
122

 
136

 
198

Denominator for diluted earnings per Common Unit – adjusted weighted average units and assumed conversions (1)
79,269

 
75,780

 
75,169

Earnings per Common Unit - diluted:
 
 
 
 
 
Income from continuing operations available for common unitholders
$
0.60

 
$
0.42

 
$
0.76

Income from discontinued operations available for common unitholders
0.42

 
0.12

 
0.11

Net income available for common unitholders
$
1.02

 
$
0.54

 
$
0.87

__________
(1)
There were 0.5 million, 0.4 million and 0.7 million options outstanding during the years ended December 31, 2012, 2011 and 2010, respectively, that were not included in the computation of diluted earnings per unit because the impact of including such options would be anti-dilutive.
(2)
Includes all unvested restricted stock since dividends on such restricted stock are non-forfeitable.
Income Taxes
Income Taxes 
Income Taxes

Our Consolidated Financial Statements include the operations of our taxable REIT subsidiary, which is subject to federal, state and local income taxes on its taxable income. As a REIT, we may also be subject to federal excise taxes if we engage in certain types of transactions.

The minimum dividend per share of Common Stock required for us to maintain our REIT status was $1.07, $1.01 and $0.32 per share in 2012, 2011 and 2010, respectively. Continued qualification as a REIT depends on our ability to satisfy the dividend distribution tests, stock ownership requirements and various other qualification tests prescribed in the Code. The tax basis of our assets (net of accumulated tax depreciation and amortization) and liabilities was approximately $2.9 billion and $2.0 billion, respectively, at December 31, 2012 and $2.7 billion and $2.0 billion, respectively, at December 31, 2011.

During the years ended December 31, 2012, 2011 and 2010, the Company qualified as a REIT, distributed the necessary amount of taxable income and, therefore, incurred no federal income tax expense; accordingly, the only federal income taxes included in the accompanying consolidated financial statements are in connection with our taxable REIT subsidiary.

The taxable REIT subsidiary has operated at a cumulative taxable loss through December 31, 2012 of $4.7 million. In addition to the $2.1 million deferred tax asset for these cumulative tax loss carryforwards, the taxable REIT subsidiary also had net deferred tax liabilities of $2.2 million comprised primarily of tax versus book basis differences in certain investments held by the taxable REIT subsidiary. At December 31, 2011, the taxable REIT subsidiary had a $0.4 million net deferred asset position that was fully reserved with a valuation allowance. The taxable REIT subsidiary incurred $0.1 million of deferred income tax expense in 2012, including the release of this valuation allowance. Income taxes are not material to our operating results or financial position.

We recorded state income tax expense in rental property and other expenses of $0.1 million, $0.1 million and $0.1 million for the years ended December 31, 2012, 2011 and 2010, respectively.

We are subject to federal, state and local income tax examinations by tax authorities for 2009 through 2012.



Income Taxes 
Income Taxes

Our Consolidated Financial Statements include the operations of the Company’s taxable REIT subsidiary, which is not entitled to the dividends paid deduction and is subject to federal, state and local income taxes. The taxable REIT subsidiary has operated at a cumulative taxable loss through December 31, 2012 of $4.7 million and has paid no income taxes since its formation. In addition to the $2.1 million deferred tax asset for these cumulative tax loss carryforwards, the taxable REIT subsidiary also had net deferred tax liabilities of $2.2 million comprised primarily of tax versus book basis differences in certain investments held by the taxable REIT subsidiary. At December 31, 2011, the taxable REIT subsidiary had a $0.4 million net deferred asset position that was fully reserved with a valuation allowance. The taxable REIT subsidiary incurred $0.1 million of deferred income tax expense in 2012, including the release of this valuation allowance. Income taxes are not material to our operating results or financial position. Other than income taxes related to its taxable REIT subsidiary, the Operating Partnership recorded state income tax expense in rental property and other expenses of $0.1 million, $0.1 million and $0.1 million for the years ended December 31, 2012, 2011 and 2010, respectively.

The minimum dividend per share of Common Stock required for the Company to maintain its REIT status was $1.07, $1.01 and $0.32 per share in 2012, 2011 and 2010, respectively. Continued qualification as a REIT depends on the Company's ability to satisfy the dividend distribution tests, stock ownership requirements and various other qualification tests prescribed in the Code. The tax basis of our assets (net of accumulated tax depreciation and amortization) and liabilities was approximately $2.9 billion and $2.0 billion, respectively, at December 31, 2012 and $2.7 billion and $2.0 billion, respectively, at December 31, 2011.

The Company is subject to federal, state and local income tax examinations by tax authorities for 2009 through 2012.
Segment Information
Segment Information 
Segment Information

Our principal business is the operation, acquisition and development of rental real estate properties. We evaluate our business by product type and by geographic location. Each product type has different customers and economic characteristics as to rental rates and terms, cost per square foot of buildings, the purposes for which customers use the space, the degree of maintenance and customer support required and customer dependency on different economic drivers, among others. The operating results by geographic grouping are also regularly reviewed by our chief operating decision maker for assessing performance and other purposes. There are no material inter-segment transactions.

Our accounting policies of the segments are the same as those used in our Consolidated Financial Statements. All operations are within the United States and, at December 31, 2012, no single customer of the Wholly Owned Properties generated more than 10.0% of our consolidated revenues on an annualized basis.

The following table summarizes the rental and other revenues and net operating income, the primary industry property-level performance metric which is defined as rental and other revenues less rental property and other expenses, for each reportable segment:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Rental and Other Revenues: (1)
 
 
 
 
 
Office:
 
 
 
 
 
Atlanta, GA
$
61,947

 
$
49,521

 
$
44,480

Greenville, SC
13,395

 
14,076

 
13,612

Kansas City, MO
15,003

 
13,795

 
14,160

Memphis, TN
36,832

 
36,801

 
31,479

Nashville, TN
56,542

 
53,645

 
52,159

Orlando, FL
11,169

 
10,233

 
11,611

Piedmont Triad, NC
21,569

 
20,645

 
21,163

Pittsburgh, PA
38,796

 
10,963

 
—

Raleigh, NC
81,624

 
78,638

 
75,714

Richmond, VA
47,310

 
47,525

 
47,175

Tampa, FL
69,381

 
68,240

 
71,060

Total Office Segment
453,568

 
404,082

 
382,613

Industrial:
 
 
 
 
 
Atlanta, GA
12,805

 
13,266

 
12,335

Piedmont Triad, NC
12,518

 
11,827

 
12,372

Total Industrial Segment
25,323

 
25,093

 
24,707

Retail:
 
 
 
 
 
Kansas City, MO
37,211

 
34,269

 
33,516

Total Retail Segment
37,211

 
34,269

 
33,516

Total Rental and Other Revenues
$
516,102

 
$
463,444

 
$
440,836


19.
Segment Information - Continued

 
Year Ended December 31,
 
2012
 
2011
 
2010
Net Operating Income: (1)
 
 
 
 
 
Office:
 
 
 
 
 
Atlanta, GA
$
39,306

 
$
31,077

 
$
27,607

Greenville, SC
7,612

 
8,333

 
8,142

Kansas City, MO
9,516

 
8,374

 
8,824

Memphis, TN
21,848

 
20,874

 
18,640

Nashville, TN
38,831

 
36,586

 
35,451

Orlando, FL
5,841

 
5,187

 
6,256

Piedmont Triad, NC
13,325

 
13,041

 
13,886

Pittsburgh, PA
19,545

 
5,450

 
—

Raleigh, NC
56,628

 
54,699

 
52,347

Richmond, VA
32,407

 
31,281

 
32,035

Tampa, FL
43,114

 
42,371

 
44,622

Total Office Segment
287,973

 
257,273

 
247,810

Industrial:
 
 
 
 
 
Atlanta, GA
9,282

 
9,780

 
8,734

Piedmont Triad, NC
9,149

 
8,652

 
9,037

Total Industrial Segment
18,431

 
18,432

 
17,771

Retail:
 
 
 
 
 
Kansas City, MO
22,528

 
20,157

 
19,927

Total Retail Segment
22,528

 
20,157

 
19,927

Residential:
 
 
 
 
 
Raleigh, NC
(178
)
 
(195
)
 
(362
)
Total Residential Segment
(178
)
 
(195
)
 
(362
)
Corporate and other (2)
(86
)
 
(76
)
 
(81
)
Total Net Operating Income
328,668

 
295,591

 
285,065

Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
Depreciation and amortization
(156,318
)
 
(137,890
)
 
(130,232
)
Impairments of real estate assets
—

 
(2,429
)
 
—

General and administrative expenses
(37,377
)
 
(35,727
)
 
(32,948
)
Interest expense
(96,114
)
 
(95,510
)
 
(92,951
)
Other income
6,380

 
7,363

 
5,657

Income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates
$
45,239

 
$
31,398

 
$
34,591

__________
(1)
Net of discontinued operations.
(2)
Negative NOI with no corresponding revenues represents expensed real estate taxes and other carrying costs associated with land held for development that is currently zoned for the respective product type.

19.
Segment Information - Continued

 
December 31,
 
2012
 
2011
Total Assets:
 
 
 
Office:
 
 
 
Atlanta, GA
$
495,175

 
$
359,225

Greenville, SC
69,138

 
69,669

Kansas City, MO
84,538

 
86,028

Memphis, TN
225,541

 
265,259

Nashville, TN
314,705

 
325,272

Orlando, FL
51,373

 
46,547

Piedmont Triad, NC
144,404

 
115,096

Pittsburgh, PA
330,975

 
227,965

Raleigh, NC
479,995

 
468,494

Richmond, VA
246,276

 
254,364

Tampa, FL
386,676

 
394,569

Total Office Segment
2,828,796

 
2,612,488

Industrial:
 
 
 
Atlanta, GA
115,330

 
133,640

Piedmont Triad, NC
76,013

 
78,081

Total Industrial Segment
191,343

 
211,721

Retail:
 
 
 
Kansas City, MO
166,030

 
170,717

Total Retail Segment
166,030

 
170,717

Residential:
 
 
 
Kansas City, MO
—

 
5,707

Raleigh, NC
8

 
4,768

Total Residential Segment
8

 
10,475

Corporate and other
164,251

 
175,591

Total Assets
$
3,350,428

 
$
3,180,992

Segment Information 
Segment Information

Our principal business is the operation, acquisition and development of rental real estate properties. We evaluate our business by product type and by geographic location. Each product type has different customers and economic characteristics as to rental rates and terms, cost per square foot of buildings, the purposes for which customers use the space, the degree of maintenance and customer support required and customer dependency on different economic drivers, among others. The operating results by geographic grouping are also regularly reviewed by our chief operating decision maker for assessing performance and other purposes. There are no material inter-segment transactions.

Our accounting policies of the segments are the same as those used in our Consolidated Financial Statements. All operations are within the United States and, at December 31, 2012, no single customer of the Wholly Owned Properties generated more than 10.0% of our consolidated revenues on an annualized basis.

The following table summarizes the rental and other revenues and net operating income, the primary industry property-level performance metric which is defined as rental and other revenues less rental property and other expenses, for each reportable segment:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Rental and Other Revenues: (1)
 
 
 
 
 
Office:
 
 
 
 
 
Atlanta, GA
$
61,948

 
$
49,521

 
$
44,480

Greenville, SC
13,394

 
14,076

 
13,612

Kansas City, MO
15,003

 
13,795

 
14,160

Memphis, TN
36,832

 
36,801

 
31,479

Nashville, TN
56,542

 
53,643

 
52,159

Orlando, FL
11,169

 
10,233

 
11,611

Piedmont Triad, NC
21,569

 
20,645

 
21,162

Pittsburgh, PA
38,796

 
10,963

 
—

Raleigh, NC
81,624

 
78,640

 
75,715

Richmond, VA
47,310

 
47,525

 
47,175

Tampa, FL
69,381

 
68,240

 
71,060

Total Office Segment
453,568

 
404,082

 
382,613

Industrial:
 
 
 
 
 
Atlanta, GA
12,805

 
13,266

 
12,335

Piedmont Triad, NC
12,518

 
11,827

 
12,372

Total Industrial Segment
25,323

 
25,093

 
24,707

Retail:
 
 
 
 
 
Kansas City, MO
37,211

 
34,269

 
33,516

Total Retail Segment
37,211

 
34,269

 
33,516

Total Rental and Other Revenues
$
516,102

 
$
463,444

 
$
440,836


19.
Segment Information - Continued

 
Year Ended December 31,
 
2012
 
2011
 
2010
Net Operating Income: (1)
 
 
 
 
 
Office:
 
 
 
 
 
Atlanta, GA
$
39,335

 
$
31,080

 
$
27,641

Greenville, SC
7,618

 
8,334

 
8,152

Kansas City, MO
9,523

 
8,375

 
8,835

Memphis, TN
21,864

 
20,876

 
18,664

Nashville, TN
38,860

 
36,589

 
35,497

Orlando, FL
5,845

 
5,187

 
6,264

Piedmont Triad, NC
13,335

 
13,042

 
13,903

Pittsburgh, PA
19,548

 
5,450

 
—

Raleigh, NC
56,682

 
54,704

 
52,413

Richmond, VA
32,431

 
31,283

 
32,075

Tampa, FL
43,150

 
42,375

 
44,679

Total Office Segment
288,191

 
257,295

 
248,123

Industrial:
 
 
 
 
 
Atlanta, GA
9,289

 
9,781

 
8,745

Piedmont Triad, NC
9,156

 
8,653

 
9,048

Total Industrial Segment
18,445

 
18,434

 
17,793

Retail:
 
 
 
 
 
Kansas City, MO
22,545

 
20,159

 
19,952

Total Retail Segment
22,545

 
20,159

 
19,952

Residential:
 
 
 
 
 
Raleigh, NC
(178
)
 
(195
)
 
(362
)
Total Residential Segment
(178
)
 
(195
)
 
(362
)
Corporate and other (2)
(86
)
 
(76
)
 
(81
)
Total Net Operating Income
328,917

 
295,617

 
285,425

Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
Depreciation and amortization
(156,318
)
 
(137,890
)
 
(130,232
)
Impairments of real estate assets
—

 
(2,429
)
 
—

General and administrative expenses
(37,626
)
 
(35,753
)
 
(33,308
)
Interest expense
(96,114
)
 
(95,510
)
 
(92,951
)
Other income
6,380

 
7,363

 
5,657

Income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates
$
45,239

 
$
31,398

 
$
34,591

__________
(1)
Net of discontinued operations.
(2)
Negative NOI with no corresponding revenues represents expensed real estate taxes and other carrying costs associated with land held for development that is currently zoned for the respective product type.


19.
Segment Information - Continued

 
December 31,
 
2012
 
2011
Total Assets:
 
 
 
Office:
 
 
 
Atlanta, GA
$
495,175

 
$
359,225

Greenville, SC
69,138

 
69,669

Kansas City, MO
84,538

 
86,028

Memphis, TN
225,541

 
265,259

Nashville, TN
314,705

 
325,272

Orlando, FL
51,373

 
46,547

Piedmont Triad, NC
144,404

 
115,096

Pittsburgh, PA
330,975

 
227,965

Raleigh, NC
479,995

 
468,494

Richmond, VA
246,276

 
254,364

Tampa, FL
386,676

 
394,569

Total Office Segment
2,828,796

 
2,612,488

Industrial:
 
 
 
Atlanta, GA
115,330

 
133,640

Piedmont Triad, NC
76,013

 
78,081

Total Industrial Segment
191,343

 
211,721

Retail:
 
 
 
Kansas City, MO
166,030

 
170,717

Total Retail Segment
166,030

 
170,717

Residential:
 
 
 
Kansas City, MO
—

 
5,707

Raleigh, NC
8

 
4,768

Total Residential Segment
8

 
10,475

Corporate and other
163,348

 
174,483

Total Assets
$
3,349,525

 
$
3,179,884

Quarterly Financial Data (Unaudited)
Quarterly Financial Data (Unaudited) 
Quarterly Financial Data (Unaudited)

The following tables set forth quarterly financial information and have been adjusted to reflect discontinued operations:

 
Year Ended December 31, 2012
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
Rental and other revenues (1)
$
125,583

 
$
128,323

 
$
128,214

 
$
133,982

 
$
516,102

 
 
 
 
 
 
 
 
 
 
Income from continuing operations (1)
11,419

 
11,377

 
12,313

 
15,609

 
50,718

Income from discontinued operations (1)
6,913

 
3,121

 
23,483

 
—

 
33,517

Net income
18,332

 
14,498

 
35,796

 
15,609

 
84,235

Net (income) attributable to noncontrolling interests in the Operating Partnership
(827
)
 
(686
)
 
(1,653
)
 
(688
)
 
(3,854
)
Net (income) attributable to noncontrolling interests in consolidated affiliates
(184
)
 
(223
)
 
(159
)
 
(220
)
 
(786
)
Dividends on Preferred Stock
(627
)
 
(627
)
 
(627
)
 
(627
)
 
(2,508
)
Net income available for common stockholders
$
16,694

 
$
12,962

 
$
33,357

 
$
14,074

 
$
77,087

Earnings per Common Share-basic:
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common stockholders
$
0.14

 
$
0.13

 
$
0.15

 
$
0.18

 
$
0.60

Income from discontinued operations available for common stockholders
0.09

 
0.04

 
0.29

 
—

 
0.42

Net income available for common stockholders
$
0.23

 
$
0.17

 
$
0.44

 
$
0.18

 
$
1.02

Earnings per Common Share-diluted:
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common stockholders
$
0.14

 
$
0.13

 
$
0.14

 
$
0.18

 
$
0.60

Income from discontinued operations available for common stockholders
0.09

 
0.04

 
0.29

 
—

 
0.42

Net income available for common stockholders
$
0.23

 
$
0.17

 
$
0.43

 
$
0.18

 
$
1.02


20.
Quarterly Financial Data (Unaudited)

 
Year Ended December 31, 2011
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
Rental and other revenues (1)
$
110,047

 
$
112,185

 
$
117,265

 
$
123,947

 
$
463,444

 
 
 
 
 
 
 
 
 
 
Income from continuing operations (1)
10,671

 
12,572

 
3,957

 
11,806

 
39,006

Income from discontinued operations (1)
1,772

 
1,862

 
4,287

 
1,044

 
8,965

Net income
12,443

 
14,434

 
8,244

 
12,850

 
47,971

Net (income) attributable to noncontrolling interests in the Operating Partnership
(507
)
 
(623
)
 
(366
)
 
(595
)
 
(2,091
)
Net (income) attributable to noncontrolling interests in consolidated affiliates
(123
)
 
(182
)
 
(249
)
 
(201
)
 
(755
)
Dividends on Preferred Stock
(1,677
)
 
(1,622
)
 
(627
)
 
(627
)
 
(4,553
)
Excess of Preferred Stock redemption/repurchase cost over carrying value
—

 
(1,895
)
 
—

 
—

 
(1,895
)
Net income available for common stockholders
$
10,136

 
$
10,112

 
$
7,002

 
$
11,427

 
$
38,677

Earnings per Common Share-basic:
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common stockholders
$
0.12

 
$
0.12

 
$
0.04

 
$
0.14

 
$
0.42

Income from discontinued operations available for common stockholders
0.02

 
0.02

 
0.06

 
0.02

 
0.12

Net income available for common stockholders
$
0.14

 
$
0.14

 
$
0.10

 
$
0.16

 
$
0.54

Earnings per Common Share-diluted:
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common stockholders
$
0.12

 
$
0.12

 
$
0.04

 
$
0.14

 
$
0.42

Income from discontinued operations available for common stockholders
0.02

 
0.02

 
0.06

 
0.02

 
0.12

Net income available for common stockholders
$
0.14

 
$
0.14

 
$
0.10

 
$
0.16

 
$
0.54

__________

20.
Quarterly Financial Data (Unaudited) – Continued
 
(1)
The amounts presented may not equal to the amounts previously reported in the most recent Form 10-Qs or prior 10-K for each period as a result of discontinued operations. Below is the reconciliation to the amounts previously reported:

 
Quarter Ended
 
March 31,
 
June 30,
 
September 30,
 
2012
 
2012
 
2012
Rental and other revenues, as reported
$
129,943

 
$
130,735

 
$
128,214

Discontinued operations
(4,360
)
 
(2,412
)
 
—

Rental and other revenues, as adjusted
$
125,583

 
$
128,323

 
$
128,214

Income from continuing operations, as reported
$
13,115

 
$
12,357

 
$
12,313

Discontinued operations
(1,696
)
 
(980
)
 
—

Income from continuing operations, as adjusted
$
11,419

 
$
11,377

 
$
12,313

Income from discontinued operations, as reported
$
5,217

 
$
2,141

 
$
23,483

Additional discontinued operations from properties sold subsequent to the respective reporting period
1,696

 
980

 
—

Income from discontinued operations, as adjusted
$
6,913

 
$
3,121

 
$
23,483


 
Quarter Ended
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
2011
 
2011
 
2011
 
2011
Rental and other revenues, as reported
$
114,351

 
$
114,651

 
$
117,265

 
$
128,730

Discontinued operations
(4,304
)
 
(2,466
)
 
—

 
(4,783
)
Rental and other revenues, as adjusted
$
110,047

 
$
112,185

 
$
117,265

 
$
123,947

Income from continuing operations, as reported
$
11,903

 
$
13,695

 
$
3,957

 
$
12,850

Discontinued operations
(1,232
)
 
(1,123
)
 
—

 
(1,044
)
Income from continuing operations, as adjusted
$
10,671

 
$
12,572

 
$
3,957

 
$
11,806

Income from discontinued operations, as reported
$
540

 
$
739

 
$
4,287

 
$
—

Additional discontinued operations from properties sold subsequent to the respective reporting period
1,232

 
1,123

 
—

 
1,044

Income from discontinued operations, as adjusted
$
1,772

 
$
1,862

 
$
4,287

 
$
1,044




Quarterly Financial Data (Unaudited) 
Quarterly Financial Data (Unaudited)

The following tables set forth quarterly financial information and have been adjusted to reflect discontinued operations:

 
Year Ended December 31, 2012
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
Rental and other revenues (1)
$
125,583

 
$
128,323

 
$
128,214

 
$
133,982

 
$
516,102

 
 
 
 
 
 
 
 
 
 
Income from continuing operations (1)
11,421

 
11,380

 
12,317

 
15,660

 
50,778

Income from discontinued operations (1)
6,913

 
3,121

 
23,483

 
—

 
33,517

Net income
18,334

 
14,501

 
35,800

 
15,660

 
84,295

Net (income) attributable to noncontrolling interests in consolidated affiliates
(184
)
 
(223
)
 
(159
)
 
(220
)
 
(786
)
Distributions on Preferred Units
(627
)
 
(627
)
 
(627
)
 
(627
)
 
(2,508
)
Net income available for common unitholders
$
17,523

 
$
13,651

 
$
35,014

 
$
14,813

 
$
81,001

Earnings per Common Unit-basic:
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common unitholders
0.14

 
0.14

 
0.15

 
0.18

 
0.60

Income from discontinued operations available for common unitholders
0.09

 
0.04

 
0.29

 
—

 
0.42

Net income available for common unitholders
0.23

 
0.18

 
0.44

 
0.18

 
1.02

Earnings per Common Unit-diluted:
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common unitholders
0.14

 
0.13

 
0.15

 
0.18

 
0.60

Income from discontinued operations available for common unitholders
0.09

 
0.04

 
0.29

 
—

 
0.42

Net income available for common unitholders
0.23

 
0.17

 
0.44

 
0.18

 
1.02


20.
Quarterly Financial Data (Unaudited)

 
Year Ended December 31, 2011
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
Rental and other revenues (1)
$
110,047

 
$
112,185

 
$
117,265

 
$
123,947

 
$
463,444

 
 
 
 
 
 
 
 
 
 
Income from continuing operations (1)
10,679

 
12,576

 
3,957

 
11,855

 
39,067

Income from discontinued operations (1)
1,772

 
1,862

 
4,287

 
1,044

 
8,965

Net income
12,451

 
14,438

 
8,244

 
12,899

 
48,032

Net (income) attributable to noncontrolling interests in consolidated affiliates
(123
)
 
(182
)
 
(249
)
 
(201
)
 
(755
)
Distributions on Preferred Units
(1,677
)
 
(1,622
)
 
(627
)
 
(627
)
 
(4,553
)
Excess of Preferred Unit redemption/repurchase cost over carrying value
—

 
(1,895
)
 
—

 
—

 
(1,895
)
Net income available for common unitholders
$
10,651

 
$
10,739

 
$
7,368

 
$
12,071

 
$
40,829

Earnings per Common Unit-basic:
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common unitholders
0.12

 
0.12

 
0.04

 
0.15

 
0.42

Income from discontinued operations available for common unitholders
0.02

 
0.02

 
0.06

 
0.01

 
0.12

Net income available for common unitholders
0.14

 
0.14

 
0.10

 
0.16

 
0.54

Earnings per Common Unit-diluted:
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common unitholders
0.12

 
0.12

 
0.04

 
0.15

 
0.42

Income from discontinued operations available for common unitholders
0.02

 
0.02

 
0.06

 
0.01

 
0.12

Net income available for common unitholders
0.14

 
0.14

 
0.10

 
0.16

 
0.54

__________

20.
Quarterly Financial Data (Unaudited) – Continued
 
(1)
The amounts presented may not equal to the amounts previously reported in the most recent Form 10-Qs or prior 10-K for each period as a result of discontinued operations. Below is the reconciliation to the amounts previously reported:

 
Quarter Ended
 
March 31,
 
June 30,
 
September 30,
 
2012
 
2012
 
2012
Rental and other revenues, as reported
$
129,943

 
$
130,735

 
$
128,214

Discontinued operations
(4,360
)
 
(2,412
)
 
—

Rental and other revenues, as adjusted
$
125,583

 
$
128,323

 
$
128,214

Income from continuing operations, as reported
$
13,117

 
$
12,360

 
$
12,317

Discontinued operations
(1,696
)
 
(980
)
 
—

Income from continuing operations, as adjusted
$
11,421

 
$
11,380

 
$
12,317

Income from discontinued operations, as reported
$
5,217

 
$
2,141

 
$
23,483

Additional discontinued operations from properties sold subsequent to the respective reporting period
1,696

 
980

 
—

Income from discontinued operations, as adjusted
$
6,913

 
$
3,121

 
$
23,483


 
Quarter Ended
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
2011
 
2011
 
2011
 
2011
Rental and other revenues, as reported
$
114,351

 
$
114,651

 
$
117,265

 
$
128,730

Discontinued operations
(4,304
)
 
(2,466
)
 
—

 
(4,783
)
Rental and other revenues, as adjusted
$
110,047

 
$
112,185

 
$
117,265

 
$
123,947

Income from continuing operations, as reported
$
11,911

 
$
13,699

 
$
3,957

 
$
12,899

Discontinued operations
(1,232
)
 
(1,123
)
 
—

 
(1,044
)
Income from continuing operations, as adjusted
$
10,679

 
$
12,576

 
$
3,957

 
$
11,855

Income from discontinued operations, as reported
$
540

 
$
739

 
$
4,287

 
$
—

Additional discontinued operations from properties sold subsequent to the respective reporting period
1,232

 
1,123

 
—

 
1,044

Income from discontinued operations, as adjusted
$
1,772

 
$
1,862

 
$
4,287

 
$
1,044

Subsequent Events
Subsequent Events 
Subsequent Events

In early January 2013, the Company issued 198,177 shares of Common Stock under the equity distribution agreements at an average gross price of $33.97 per share and received net proceeds, after sales commissions and expenses, of $6.6 million.

On January 9, 2013, we acquired two office buildings encompassing 195,000 square feet in Greensboro, NC for a total purchase price of $30.9 million. We expect to expense $0.2 million of costs related to this acquisition. Due to the limited time since the acquisition date, our initial accounting for this transaction is incomplete and, as such, we are unable to provide purchase price allocation disclosures. The operating results of this acquisition will be included in our 2013 consolidated financial results from the date of acquisition.
Subsequent Events 
Subsequent Events

In early January 2013, the Company issued 198,177 shares of Common Stock under the equity distribution agreements at an average gross price of $33.97 per share and received net proceeds, after sales commissions and expenses, of $6.6 million.

On January 9, 2013, we acquired two office buildings encompassing 195,000 square feet in Greensboro, NC for a total purchase price of $30.9 million. We expect to expense $0.2 million of costs related to this acquisition. Due to the limited time since the acquisition date, our initial accounting for this transaction is incomplete and, as such, we are unable to provide purchase price allocation disclosures. The operating results of this acquisition will be included in our 2013 consolidated financial results from the date of acquisition.
Schedule II
Schedule of Valuation and Qualifying Accounts
SCHEDULE II
 
(in thousands)

The following table sets forth the activity of allowance for doubtful accounts:

 
Balance at December 31, 2011
 
Additions
 
Deductions
 
Balance at December 31, 2012
Allowance for Doubtful Accounts - Straight-Line Rent
$
1,294

 
$
1,382

 
$
(1,747
)
 
$
929

Allowance for Doubtful Accounts - Accounts Receivable
3,548

 
767

 
(1,467
)
 
2,848

Allowance for Doubtful Accounts - Notes Receivable
61

 
186

 
(65
)
 
182

Totals
$
4,903

 
$
2,335

 
$
(3,279
)
 
$
3,959



 
Balance at December 31, 2010
 
Additions
 
Deductions
 
Balance at December 31, 2011
Allowance for Doubtful Accounts - Straight-Line Rent
$
2,209

 
$
710

 
$
(1,625
)
 
$
1,294

Allowance for Doubtful Accounts - Accounts Receivable
3,595

 
1,616

 
(1,663
)
 
3,548

Allowance for Doubtful Accounts - Notes Receivable
868

 
196

 
(1,003
)
 
61

Totals
$
6,672

 
$
2,522

 
$
(4,291
)
 
$
4,903



 
Balance at December 31, 2009
 
Additions
 
Deductions
 
Balance at December 31, 2010
Allowance for Doubtful Accounts - Straight-Line Rent
$
2,443

 
$
635

 
$
(869
)
 
$
2,209

Allowance for Doubtful Accounts - Accounts Receivable
2,810

 
2,961

 
(2,176
)
 
3,595

Allowance for Doubtful Accounts - Notes Receivable
698

 
413

 
(243
)
 
868

Totals
$
5,951

 
$
4,009

 
$
(3,288
)
 
$
6,672

Schedule III
Schedule Of Real Estate And Accumulated Depreciation Note To Schedule III [Text Block] 
HIGHWOODS PROPERTIES, INC.
 
HIGHWOODS REALTY LIMITED PARTNERSHIP

NOTE TO SCHEDULE III
 
(in thousands)

The following table sets forth the activity of real estate assets and accumulated depreciation:
 
 
December 31,
 
2012
 
2011
 
2010
Real estate assets:
 
 
 
 
 
Beginning balance
$
3,594,328

 
$
3,308,306

 
$
3,341,257

Additions:
 
 
 
 
 
Acquisitions, development and improvements
214,959

 
329,675

 
104,199

Cost of real estate sold and retired
(12,823
)
 
(43,653
)
 
(137,150
)
Ending balance (a)
$
3,796,464

 
$
3,594,328

 
$
3,308,306

Accumulated depreciation:
 
 
 
 
 
Beginning balance
$
901,300

 
$
832,918

 
$
782,557

Depreciation expense
128,971

 
120,812

 
117,639

Real estate sold and retired
(82,704
)
 
(52,430
)
 
(67,278
)
Ending balance (b)
$
947,567

 
$
901,300

 
$
832,918


(a)
Reconciliation of total real estate assets to balance sheet caption:
 
2012
 
2011
 
2010
Total per Schedule III
$
3,796,464

 
$
3,594,328

 
$
3,308,306

Development in progress exclusive of land included in Schedule III
21,198

 
—

 
4,524

Real estate assets, net, held for sale
—

 
(124,273
)
 
(142,783
)
Total real estate assets
$
3,817,662

 
$
3,470,055

 
$
3,170,047


(b)
Reconciliation of total accumulated depreciation to balance sheet caption:
 
2012
 
2011
 
2010
Total per Schedule III
$
947,567

 
$
901,300

 
$
832,918

Real estate assets, net, held for sale
—

 
(32,254
)
 
(34,501
)
Total accumulated depreciation
$
947,567

 
$
869,046

 
$
798,417

Real Estate and Accumulated Depreciation Disclosure [Text Block] 
HIGHWOODS PROPERTIES, INC.
HIGHWOODS REALTY LIMITED PARTNERSHIP
 
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION
 
(in thousands)
 
December 31, 2012

 
 
 
 
 
 
 
 
Initial Costs
 
Costs Capitalized
Subsequent to
Acquisition
 
Gross Value at Close of Period
 
 
 
 
 
 
Description
 
Segment
Type
 
City
 
2012
Encumbrance
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Total
Assets
 
Accumulated
Depreciation
 
Date of
Construction
 
Life on
Which
Depreciation
is
Calculated
Atlanta, GA
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
1700 Century Circle
 
Office
 
Atlanta
 
 
 
$
—

 
$
2,482

 
$
2

 
$
1

 
$
2

 
$
2,483

 
$
2,485

 
$
591

 
1983
 
5-40 yrs.
1800 Century Boulevard
 
Office
 
Atlanta
 
 
 
1,444

 
29,081

 
—

 
13,179

 
1,444

 
42,260

 
43,704

 
17,806

 
1975
 
5-40 yrs.
1825 Century Parkway
 
Office
 
Atlanta
 
 
 
864

 
—

 
303

 
14,392

 
1,167

 
14,392

 
15,559

 
3,686

 
2002
 
5-40 yrs.
1875 Century Boulevard
 
Office
 
Atlanta
 
 
 
—

 
8,924

 
—

 
2,280

 
—

 
11,204

 
11,204

 
5,022

 
1976
 
5-40 yrs.
1900 Century Boulevard
 
Office
 
Atlanta
 
 
 
—

 
4,744

 
—

 
702

 
—

 
5,446

 
5,446

 
2,296

 
1971
 
5-40 yrs.
2200 Century Parkway
 
Office
 
Atlanta
 
 
 
—

 
14,432

 
—

 
3,672

 
—

 
18,104

 
18,104

 
7,320

 
1971
 
5-40 yrs.
2400 Century Parkway
 
Office
 
Atlanta
 
 
 
—

 
—

 
406

 
12,646

 
406

 
12,646

 
13,052

 
4,640

 
1998
 
5-40 yrs.
2500 Century Parkway
 
Office
 
Atlanta
 
 
 
—

 
—

 
328

 
14,329

 
328

 
14,329

 
14,657

 
3,907

 
2005
 
5-40 yrs.
2500/2635 Parking Garage
 
Office
 
Atlanta
 
 
 
—

 
—

 
—

 
6,319

 
—

 
6,319

 
6,319

 
1,108

 
2005
 
5-40 yrs.
2600 Century Parkway
 
Office
 
Atlanta
 
 
 
—

 
10,679

 
—

 
3,971

 
—

 
14,650

 
14,650

 
6,205

 
1973
 
5-40 yrs.
2635 Century Parkway
 
Office
 
Atlanta
 
 
 
—

 
21,643

 
—

 
4,513

 
—

 
26,156

 
26,156

 
10,219

 
1980
 
5-40 yrs.
2800 Century Parkway
 
Office
 
Atlanta
 
 
 
—

 
20,449

 
—

 
6,728

 
—

 
27,177

 
27,177

 
8,810

 
1983
 
5-40 yrs.
50 Glenlake
 
Office
 
Atlanta
 
 
 
2,500

 
20,006

 
—

 
2,944

 
2,500

 
22,950

 
25,450

 
8,873

 
1997
 
5-40 yrs.
6348 Northeast Expressway
 
Industrial
 
Atlanta
 
 
 
275

 
1,655

 
—

 
199

 
275

 
1,854

 
2,129

 
789

 
1978
 
5-40 yrs.
6438 Northeast Expressway
 
Industrial
 
Atlanta
 
 
 
179

 
2,216

 
—

 
612

 
179

 
2,828

 
3,007

 
1,041

 
1981
 
5-40 yrs.
Bluegrass Lakes I
 
Industrial
 
Atlanta
 
 
 
816

 
—

 
336

 
2,972

 
1,152

 
2,972

 
4,124

 
1,159

 
1999
 
5-40 yrs.
Bluegrass Place I
 
Industrial
 
Atlanta
 
 
 
491

 
2,061

 
—

 
125

 
491

 
2,186

 
2,677

 
854

 
1995
 
5-40 yrs.
Bluegrass Place II
 
Industrial
 
Atlanta
 
 
 
412

 
2,583

 
—

 
103

 
412

 
2,686

 
3,098

 
1,026

 
1996
 
5-40 yrs.
Bluegrass Valley I
 
Industrial
 
Atlanta
 
 
 
1,500

 
—

 
374

 
3,117

 
1,874

 
3,117

 
4,991

 
927

 
2000
 
5-40 yrs.
Bluegrass Valley - Land
 
Industrial
 
Atlanta
 
 
 
19,711

 
—

 
(14,810
)
 
—

 
4,901

 
—

 
4,901

 
—

 
N/A
 
N/A
Century Plaza I
 
Office
 
Atlanta
 
 
 
1,290

 
8,567

 
—

 
3,240

 
1,290

 
11,807

 
13,097

 
4,224

 
1981
 
5-40 yrs.
Century Plaza II
 
Office
 
Atlanta
 
 
 
1,380

 
7,733

 
—

 
2,222

 
1,380

 
9,955

 
11,335

 
3,245

 
1984
 
5-40 yrs.
Chastain Place I
 
Industrial
 
Atlanta
 
 
 
451

 
—

 
341

 
3,767

 
792

 
3,767

 
4,559

 
1,153

 
1997
 
5-40 yrs.
Chastain Place II
 
Industrial
 
Atlanta
 
 
 
599

 
—

 
194

 
1,505

 
793

 
1,505

 
2,298

 
515

 
1998
 
5-40 yrs.
Chastain Place III
 
Industrial
 
Atlanta
 
 
 
539

 
—

 
173

 
1,318

 
712

 
1,318

 
2,030

 
482

 
1999
 
5-40 yrs.
HIGHWOODS PROPERTIES, INC.
HIGHWOODS REALTY LIMITED PARTNERSHIP
 
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)
 
 
 
 
 
 
 
 
Initial Costs
 
Costs Capitalized
Subsequent to
Acquisition
 
Gross Value at Close of Period
 
 
 
 
 
 
Description
 
Segment
Type
 
City
 
2012
Encumbrance
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Total
Assets
 
Accumulated
Depreciation
 
Date of
Construction
 
Life on
Which
Depreciation
is
Calculated
Corporate Lakes
 
Industrial
 
Atlanta
 
 
 
1,265

 
7,243

 
—

 
2,124

 
1,265

 
9,367

 
10,632

 
3,540

 
1988
 
5-40 yrs.
General Services Administration
 
Office
 
Atlanta
 
 
 
3,100

 
—

 
(3,100
)
 
—

 
—

 
—

 
—

 
—

 
2007
 
5-40 yrs.
Federal Aviation Administration
 
Office
 
Atlanta
 
 
 
1,196

 
—

 
1,416

 
15,143

 
2,612

 
15,143

 
17,755

 
2,232

 
2009
 
5-40 yrs.
Gwinnett Distribution Center
 
Industrial
 
Atlanta
 
 
 
1,119

 
5,960

 
—

 
3,875

 
1,119

 
9,835

 
10,954

 
3,322

 
1991
 
5-40 yrs.
Henry County - Land
 
Industrial
 
Atlanta
 
 
 
3,010

 
—

 
13

 
—

 
3,023

 
—

 
3,023

 
—

 
N/A
 
N/A
Highwoods Ctr I at Tradeport
 
Office
 
Atlanta
 
 
 
307

 
—

 
139

 
2,049

 
446

 
2,049

 
2,495

 
697

 
1999
 
5-40 yrs.
Highwoods Ctr II at Tradeport
 
Office
 
Atlanta
 
 
 
641

 
—

 
181

 
9,024

 
822

 
9,024

 
9,846

 
379

 
1999
 
5-40 yrs.
Highwoods Ctr III at Tradeport
 
Office
 
Atlanta
 
 
 
409

 
—

 
130

 
3,900

 
539

 
3,900

 
4,439

 
623

 
2001
 
5-40 yrs.
Highwoods River Point IV
 
Industrial
 
Atlanta
 
 
 
1,037

 
—

 
858

 
8,820

 
1,895

 
8,820

 
10,715

 
1,275

 
2009
 
5-40 yrs.
NARA
 
Industrial
 
Atlanta
 
 
 
1,484

 
—

 
(1,484
)
 
—

 
—

 
—

 
—

 
—

 
2004
 
5-40 yrs.
Newpoint Place I
 
Industrial
 
Atlanta
 
 
 
819

 
—

 
391

 
2,871

 
1,210

 
2,871

 
4,081

 
991

 
1998
 
5-40 yrs.
Newpoint Place II
 
Industrial
 
Atlanta
 
 
 
1,499

 
—

 
434

 
3,085

 
1,933

 
3,085

 
5,018

 
917

 
1999
 
5-40 yrs.
Newpoint Place III
 
Industrial
 
Atlanta
 
 
 
668

 
—

 
276

 
1,879

 
944

 
1,879

 
2,823

 
686

 
1998
 
5-40 yrs.
Newpoint Place IV
 
Industrial
 
Atlanta
 
 
 
989

 
—

 
455

 
4,048

 
1,444

 
4,048

 
5,492

 
973

 
2001
 
5-40 yrs.
Newpoint Place V
 
Industrial
 
Atlanta
 
 
 
2,150

 
—

 
920

 
8,949

 
3,070

 
8,949

 
12,019

 
2,134

 
2007
 
5-40 yrs.
Norcross, I & II
 
Industrial
 
Atlanta
 
 
 
323

 
2,000

 
—

 
602

 
323

 
2,602

 
2,925

 
1,099

 
1970
 
5-40 yrs.
5405 Windward Parkway
 
Office
 
Atlanta
 
 
 
3,342

 
32,111

 
—

 
411

 
3,342

 
32,522

 
35,864

 
12,155

 
1998
 
5-40 yrs.
Riverpoint - Land
 
Industrial
 
Atlanta
 
 
 
7,250

 
—

 
4,525

 
2,712

 
11,775

 
2,712

 
14,487

 
211

 
N/A
 
N/A
Riverwood 100
 
Office
 
Atlanta
 
(1)
 
5,785

 
64,913

 
—

 
4,629

 
5,785

 
69,542

 
75,327

 
3,175

 
1989
 
5-40 yrs.
South Park Residential - Land
 
Other
 
Atlanta
 
 
 
50

 
—

 
7

 
—

 
57

 
—

 
57

 
—

 
N/A
 
N/A
South Park Site - Land
 
Industrial
 
Atlanta
 
 
 
1,204

 
—

 
754

 
—

 
1,958

 
—

 
1,958

 
—

 
N/A
 
N/A
Southside Distribution Center
 
Industrial
 
Atlanta
 
 
 
804

 
4,553

 
—

 
2,207

 
804

 
6,760

 
7,564

 
2,664

 
1988
 
5-40 yrs.
Tradeport Place I
 
Industrial
 
Atlanta
 
 
 
557

 
—

 
261

 
2,218

 
818

 
2,218

 
3,036

 
750

 
1999
 
5-40 yrs.
Tradeport Place II
 
Industrial
 
Atlanta
 
 
 
557

 
—

 
261

 
2,305

 
818

 
2,305

 
3,123

 
809

 
1999
 
5-40 yrs.
Tradeport Place III
 
Industrial
 
Atlanta
 
 
 
673

 
—

 
370

 
2,684

 
1,043

 
2,684

 
3,727

 
907

 
1999
 
5-40 yrs.
Tradeport Place IV
 
Industrial
 
Atlanta
 
 
 
667

 
—

 
365

 
3,683

 
1,032

 
3,683

 
4,715

 
1,105

 
2001
 
5-40 yrs.
Tradeport - Land
 
Industrial
 
Atlanta
 
 
 
5,243

 
—

 
(387
)
 
—

 
4,856

 
—

 
4,856

 
—

 
N/A
 
N/A
Tradeport Place V
 
Industrial
 
Atlanta
 
 
 
463

 
—

 
180

 
2,322

 
643

 
2,322

 
2,965

 
565

 
2002
 
5-40 yrs.
Two Point Royal
 
Office
 
Atlanta
 
 
 
1,793

 
14,964

 
—

 
2,486

 
1,793

 
17,450

 
19,243

 
6,737

 
1997
 
5-40 yrs.
HIGHWOODS PROPERTIES, INC.
HIGHWOODS REALTY LIMITED PARTNERSHIP
 
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)
 
 
 
 
 
 
 
 
Initial Costs
 
Costs Capitalized
Subsequent to
Acquisition
 
Gross Value at Close of Period
 
 
 
 
 
 
Description
 
Segment
Type
 
City
 
2012
Encumbrance
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Total
Assets
 
Accumulated
Depreciation
 
Date of
Construction
 
Life on
Which
Depreciation
is
Calculated
Two Alliance Center
 
Office
 
Atlanta
 
 
 
9,579

 
125,549

 
—

 
2,020

 
9,579

 
127,569

 
137,148

 
1,587

 
2009
 
5-40 yrs.
Greenville, SC
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Brookfield Plaza
 
Office
 
Greenville
 
 
 
1,500

 
8,514

 
—

 
2,691

 
1,500

 
11,205

 
12,705

 
4,922

 
1987
 
5-40 yrs.
Jacobs Building
 
Office
 
Greenville
 
 
 
3,050

 
17,280

 
(23
)
 
3,880

 
3,027

 
21,160

 
24,187

 
9,155

 
1990
 
5-40 yrs.
Brookfield Metlife
 
Office
 
Greenville
 
 
 
1,039

 
—

 
352

 
8,033

 
1,391

 
8,033

 
9,424

 
2,226

 
2001
 
5-40 yrs.
Patewood I
 
Office
 
Greenville
 
 
 
942

 
5,117

 
—

 
992

 
942

 
6,109

 
7,051

 
2,315

 
1985
 
5-40 yrs.
Patewood II
 
Office
 
Greenville
 
 
 
942

 
5,176

 
—

 
651

 
942

 
5,827

 
6,769

 
2,259

 
1987
 
5-40 yrs.
Patewood III
 
Office
 
Greenville
 
 
 
842

 
4,776

 
—

 
489

 
842

 
5,265

 
6,107

 
2,147

 
1989
 
5-40 yrs.
Patewood IV
 
Office
 
Greenville
 
 
 
1,219

 
6,918

 
—

 
618

 
1,219

 
7,536

 
8,755

 
3,095

 
1989
 
5-40 yrs.
Patewood V
 
Office
 
Greenville
 
 
 
1,690

 
9,589

 
—

 
1,359

 
1,690

 
10,948

 
12,638

 
4,448

 
1990
 
5-40 yrs.
Patewood VI
 
Office
 
Greenville
 
 
 
2,360

 
—

 
321

 
7,661

 
2,681

 
7,661

 
10,342

 
2,693

 
1999
 
5-40 yrs.
Kansas City, MO
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Country Club Plaza
 
Retail
 
Kansas City
 
 
 
14,286

 
146,879

 
(198
)
 
126,551

 
14,088

 
273,430

 
287,518

 
98,798

 
1920-2002
 
5-40 yrs.
Land - Hotel Land - Valencia
 
Office
 
Kansas City
 
 
 
978

 
—

 
111

 
—

 
1,089

 
—

 
1,089

 
—

 
N/A
 
N/A
Neptune Apartments
 
Office
 
Kansas City
 
 
 
1,098

 
6,282

 
(1,098
)
 
(6,282
)
 
—

 
—

 
—

 
—

 
1988
 
5-40 yrs.
One Ward Parkway
 
Office
 
Kansas City
 
 
 
681

 
3,937

 
(681
)
 
(3,937
)
 
—

 
—

 
—

 
—

 
1980
 
5-40 yrs.
Park Plaza Building
 
Office
 
Kansas City
 
(1)
 
1,384

 
6,410

 
—

 
1,982

 
1,384

 
8,392

 
9,776

 
2,706

 
1983
 
5-40 yrs.
Two Emanuel Cleaver Boulevard
 
Office
 
Kansas City
 
 
 
984

 
4,402

 
—

 
2,074

 
984

 
6,476

 
7,460

 
1,956

 
1983
 
5-40 yrs.
Valencia Place Office
 
Office
 
Kansas City
 
(1)
 
1,576

 
—

 
970

 
36,673

 
2,546

 
36,673

 
39,219

 
13,283

 
1999
 
5-40 yrs.
Memphis, TN
 
 
 
 
 
 
 
 
 
 
 


 
 
 
 
 
 
 
 
 
 
 
 
 
 
3400 Players Club Parkway
 
Office
 
Memphis
 
 
 
1,005

 
—

 
207

 
5,260

 
1,212

 
5,260

 
6,472

 
2,020

 
1997
 
5-40 yrs.
Triad Centre I
 
Office
 
Memphis
 
 
 
2,340

 
11,385

 
(849
)
 
4,289

 
1,491

 
15,674

 
17,165

 
4,848

 
1985
 
5-40 yrs.
Triad Centre II
 
Office
 
Memphis
 
 
 
1,980

 
8,677

 
(404
)
 
3,269

 
1,576

 
11,946

 
13,522

 
3,713

 
1987
 
5-40 yrs.
Atrium I & II
 
Office
 
Memphis
 
 
 
1,570

 
6,253

 
—

 
2,449

 
1,570

 
8,702

 
10,272

 
3,659

 
1984
 
5-40 yrs.
Centrum
 
Office
 
Memphis
 
 
 
1,013

 
5,580

 
—

 
2,587

 
1,013

 
8,167

 
9,180

 
3,193

 
1979
 
5-40 yrs.
Comcast
 
Office
 
Memphis
 
 
 
946

 
—

 
—

 
8,621

 
946

 
8,621

 
9,567

 
1,805

 
2008
 
5-40 yrs.
International Place Phase II
 
Office
 
Memphis
 
(2)
 
4,884

 
27,782

 
—

 
4,060

 
4,884

 
31,842

 
36,726

 
13,333

 
1988
 
5-40 yrs.
HIGHWOODS PROPERTIES, INC.
HIGHWOODS REALTY LIMITED PARTNERSHIP
 
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)
 
 
 
 
 
 
 
 
Initial Costs
 
Costs Capitalized
Subsequent to
Acquisition
 
Gross Value at Close of Period
 
 
 
 
 
 
Description
 
Segment
Type
 
City
 
2012
Encumbrance
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Total
Assets
 
Accumulated
Depreciation
 
Date of
Construction
 
Life on
Which
Depreciation
is
Calculated
PennMarc Centre
 
Office
 
Memphis
 
7,028
 
3,607

 
10,240

 
—

 
1,423

 
3,607

 
11,663

 
15,270

 
1,751

 
2008
 
5-40 yrs.
Shadow Creek I
 
Office
 
Memphis
 
 
 
924

 
—

 
466

 
6,559

 
1,390

 
6,559

 
7,949

 
2,025

 
2000
 
5-40 yrs.
Shadow Creek II
 
Office
 
Memphis
 
 
 
734

 
—

 
467

 
7,164

 
1,201

 
7,164

 
8,365

 
1,968

 
2001
 
5-40 yrs.
Southwind Office Center A
 
Office
 
Memphis
 
 
 
1,004

 
5,694

 
282

 
1,448

 
1,286

 
7,142

 
8,428

 
2,975

 
1991
 
5-40 yrs.
Southwind Office Center B
 
Office
 
Memphis
 
 
 
1,366

 
7,754

 
—

 
981

 
1,366

 
8,735

 
10,101

 
3,578

 
1990
 
5-40 yrs.
Southwind Office Center C
 
Office
 
Memphis
 
 
 
1,070

 
—

 
221

 
5,079

 
1,291

 
5,079

 
6,370

 
1,833

 
1998
 
5-40 yrs.
Southwind Office Center D
 
Office
 
Memphis
 
 
 
744

 
—

 
193

 
5,310

 
937

 
5,310

 
6,247

 
1,666

 
1999
 
5-40 yrs.
Colonnade
 
Office
 
Memphis
 
 
 
1,300

 
6,481

 
267

 
505

 
1,567

 
6,986

 
8,553

 
2,612

 
1998
 
5-40 yrs.
ThyssenKrupp Elevator Mfg Headquarters
 
Office
 
Memphis
 
 
 
1,040

 
—

 
25

 
8,342

 
1,065

 
8,342

 
9,407

 
2,198

 
2007
 
5-40 yrs.
General Services Administration
 
Office
 
Memphis
 
 
 
871

 
—

 
(871
)
 
—

 
—

 
—

 
—

 
—

 
2007
 
5-40 yrs.
Crescent Center
 
Office
 
Memphis
 
39,805
 
7,875

 
32,756

 
—

 
4,168

 
7,875

 
36,924

 
44,799

 
2,975

 
1986
 
5-40 yrs.
Southwind - Land
 
Office
 
Memphis
 
 
 
3,662

 
—

 
(1,477
)
 
—

 
2,185

 
—

 
2,185

 
—

 
N/A
 
N/A
Triad Centre III
 
Office
 
Memphis
 
 
 
1,253

 
—

 
—

 
35,122

 
1,253

 
35,122

 
36,375

 
2,943

 
2009
 
5-40 yrs.
Nashville, TN
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
3322 West End
 
Office
 
Nashville
 
 
 
3,025

 
27,490

 
—

 
3,556

 
3,025

 
31,046

 
34,071

 
10,301

 
1986
 
5-40 yrs.
3401 West End
 
Office
 
Nashville
 
 
 
5,862

 
22,917

 
—

 
5,630

 
5,862

 
28,547

 
34,409

 
12,724

 
1982
 
5-40 yrs.
5310 Maryland Way
 
Office
 
Nashville
 
 
 
1,863

 
7,201

 
—

 
230

 
1,863

 
7,431

 
9,294

 
3,139

 
1994
 
5-40 yrs.
BNA Corporate Center
 
Office
 
Nashville
 
 
 
—

 
18,506

 
—

 
(18,506
)
 
—

 
—

 
—

 
—

 
1985
 
5-40 yrs.
Century City Plaza I
 
Office
 
Nashville
 
 
 
903

 
6,919

 
(903
)
 
(6,919
)
 
—

 
—

 
—

 
—

 
1987
 
5-40 yrs.
Cool Springs 1 & 2 Deck
 
Office
 
Nashville
 
(3)
 
—

 
—

 
—

 
3,957

 
—

 
3,957

 
3,957

 
511

 
2007
 
5-40 yrs.
Cool Springs 3 & 4 Deck
 
Office
 
Nashville
 
(1)
 
—

 
—

 
—

 
4,418

 
—

 
4,418

 
4,418

 
636

 
2007
 
5-40 yrs.
Cool Springs I
 
Office
 
Nashville
 
(3)
 
1,583

 
—

 
15

 
12,288

 
1,598

 
12,288

 
13,886

 
4,135

 
1999
 
5-40 yrs.
Cool Springs II
 
Office
 
Nashville
 
(3)
 
1,824

 
—

 
346

 
18,154

 
2,170

 
18,154

 
20,324

 
5,429

 
1999
 
5-40 yrs.
Cool Springs III
 
Office
 
Nashville
 
(3)
 
1,631

 
—

 
804

 
16,949

 
2,435

 
16,949

 
19,384

 
4,089

 
2006
 
5-40 yrs.
Cool Springs IV
 
Office
 
Nashville
 
(1)
 
1,715

 
—

 
—

 
21,371

 
1,715

 
21,371

 
23,086

 
3,546

 
2008
 
5-40 yrs.
Cool Springs V – Healthways
 
Office
 
Nashville
 
 
 
3,688

 
—

 
295

 
52,433

 
3,983

 
52,433

 
56,416

 
8,586

 
2007
 
5-40 yrs.
Harpeth On The Green II
 
Office
 
Nashville
 
 
 
1,419

 
5,677

 
—

 
1,292

 
1,419

 
6,969

 
8,388

 
2,941

 
1984
 
5-40 yrs.
Harpeth On The Green III
 
Office
 
Nashville
 
 
 
1,660

 
6,649

 
—

 
1,836

 
1,660

 
8,485

 
10,145

 
3,514

 
1987
 
5-40 yrs.
Harpeth On The Green IV
 
Office
 
Nashville
 
 
 
1,713

 
6,842

 
—

 
1,464

 
1,713

 
8,306

 
10,019

 
3,314

 
1989
 
5-40 yrs.
Harpeth On The Green V
 
Office
 
Nashville
 
 
 
662

 
—

 
197

 
4,304

 
859

 
4,304

 
5,163

 
1,647

 
1998
 
5-40 yrs.
Hickory Trace
 
Office
 
Nashville
 
(2)
 
1,164

 
—

 
164

 
4,657

 
1,328

 
4,657

 
5,985

 
1,350

 
2001
 
5-40 yrs.
HIGHWOODS PROPERTIES, INC.
HIGHWOODS REALTY LIMITED PARTNERSHIP
 
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)
 
 
 
 
 
 
 
 
Initial Costs
 
Costs Capitalized
Subsequent to
Acquisition
 
Gross Value at Close of Period
 
 
 
 
 
 
Description
 
Segment
Type
 
City
 
2012
Encumbrance
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Total
Assets
 
Accumulated
Depreciation
 
Date of
Construction
 
Life on
Which
Depreciation
is
Calculated
Highwoods Plaza I
 
Office
 
Nashville
 
 
 
1,552

 
—

 
307

 
7,989

 
1,859

 
7,989

 
9,848

 
3,337

 
1996
 
5-40 yrs.
Highwoods Plaza II
 
Office
 
Nashville
 
 
 
1,448

 
—

 
307

 
5,799

 
1,755

 
5,799

 
7,554

 
2,160

 
1997
 
5-40 yrs.
Lakeview Ridge II
 
Office
 
Nashville
 
 
 
605

 
—

 
(605
)
 
—

 
—

 
—

 
—

 
—

 
1998
 
5-40 yrs.
Lakeview Ridge III
 
Office
 
Nashville
 
 
 
1,073

 
—

 
(1,073
)
 
—

 
—

 
—

 
—

 
—

 
1999
 
5-40 yrs.
Seven Springs - Land I
 
Office
 
Nashville
 
 
 
3,122

 
—

 
(1,314
)
 
—

 
1,808

 
—

 
1,808

 
—

 
N/A
 
N/A
Seven Springs - Land II
 
Office
 
Nashville
 
 
 
3,715

 
—

 
(1,025
)
 
—

 
2,690

 
—

 
2,690

 
—

 
N/A
 
N/A
Seven Springs I
 
Office
 
Nashville
 
 
 
2,076

 
—

 
592

 
12,658

 
2,668

 
12,658

 
15,326

 
4,392

 
2002
 
5-40 yrs.
SouthPointe
 
Office
 
Nashville
 
 
 
1,655

 
—

 
310

 
6,761

 
1,965

 
6,761

 
8,726

 
2,484

 
1998
 
5-40 yrs.
The Ramparts of Brentwood
 
Office
 
Nashville
 
 
 
2,394

 
12,806

 
—

 
2,109

 
2,394

 
14,915

 
17,309

 
4,907

 
1986
 
5-40 yrs.
Westwood South
 
Office
 
Nashville
 
 
 
2,106

 
—

 
382

 
9,006

 
2,488

 
9,006

 
11,494

 
2,972

 
1999
 
5-40 yrs.
100 Winners Circle
 
Office
 
Nashville
 
 
 
1,497

 
7,258

 
—

 
1,368

 
1,497

 
8,626

 
10,123

 
3,158

 
1987
 
5-40 yrs.
Nashville - Land
 
Office
 
Nashville
 
 
 
15,000

 
—

 
—

 
—

 
15,000

 
—

 
15,000

 
—

 
N/A
 
 N/A
Orlando, FL
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Berkshire at MetroCenter
 
Office
 
Orlando
 
 
 
1,265

 
—

 
672

 
12,781

 
1,937

 
12,781

 
14,718

 
2,984

 
2007
 
5-40 yrs.
Capital Plaza III - Land
 
Office
 
Orlando
 
 
 
2,994

 
—

 
18

 
—

 
3,012

 
—

 
3,012

 
—

 
N/A
 
 N/A
Eola Park - Land
 
Office
 
Orlando
 
 
 
2,027

 
—

 
—

 
—

 
2,027

 
—

 
2,027

 
—

 
N/A
 
 N/A
Cambridge at MetroCenter
 
Office
 
Orlando
 
 
 
501

 
—

 
14

 
3,320

 
515

 
3,320

 
3,835

 
773

 
2000
 
5-40 yrs.
Oxford - Land
 
Office
 
Orlando
 
 
 
1,100

 
—

 
51

 
—

 
1,151

 
—

 
1,151

 
—

 
N/A
 
 N/A
MetroWest Commerce Center
 
Office
 
Orlando
 
 
 
1,354

 
7,687

 
(164
)
 
4,816

 
1,190

 
12,503

 
13,693

 
4,315

 
1988
 
5-40 yrs.
Stratford - Land
 
Office
 
Orlando
 
 
 
2,034

 
—

 
(148
)
 
—

 
1,886

 
—

 
1,886

 
—

 
N/A
 
 N/A
Windsor at MetroCenter
 
Office
 
Orlando
 
 
 
—

 
—

 
2,060

 
8,296

 
2,060

 
8,296

 
10,356

 
2,000

 
2002
 
5-40 yrs.
The 1800 Eller Drive Building
 
Office
 
South Florida
 
 
 
—

 
9,851

 
—

 
2,619

 
—

 
12,470

 
12,470

 
5,550

 
1983
 
5-40 yrs.
Piedmont Triad, NC
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
101 South Stratford Road
 
Office
 
Piedmont Triad
 
 
 
1,205

 
6,916

 
—

 
1,164

 
1,205

 
8,080

 
9,285

 
3,013

 
1986
 
5-40 yrs.
6348 Burnt Poplar
 
Industrial
 
Piedmont Triad
 
 
 
724

 
2,900

 
—

 
254

 
724

 
3,154

 
3,878

 
1,355

 
1990
 
5-40 yrs.
6350 Burnt Poplar
 
Industrial
 
Piedmont Triad
 
 
 
341

 
1,374

 
—

 
237

 
341

 
1,611

 
1,952

 
701

 
1992
 
5-40 yrs.
7341 West Friendly Avenue
 
Industrial
 
Piedmont Triad
 
 
 
113

 
841

 
—

 
381

 
113

 
1,222

 
1,335

 
521

 
1988
 
5-40 yrs.
7343 West Friendly Avenue
 
Industrial
 
Piedmont Triad
 
 
 
72

 
555

 
—

 
273

 
72

 
828

 
900

 
331

 
1988
 
5-40 yrs.
HIGHWOODS PROPERTIES, INC.
HIGHWOODS REALTY LIMITED PARTNERSHIP
 
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)
 
 
 
 
 
 
 
 
Initial Costs
 
Costs Capitalized
Subsequent to
Acquisition
 
Gross Value at Close of Period
 
 
 
 
 
 
Description
 
Segment
Type
 
City
 
2012
Encumbrance
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Total
Assets
 
Accumulated
Depreciation
 
Date of
Construction
 
Life on
Which
Depreciation
is
Calculated
7345 West Friendly Avenue
 
Industrial
 
Piedmont Triad
 
 
 
66

 
492

 
—

 
210

 
66

 
702

 
768

 
295

 
1988
 
5-40 yrs.
7347 West Friendly Avenue
 
Industrial
 
Piedmont Triad
 
 
 
97

 
719

 
—

 
269

 
97

 
988

 
1,085

 
407

 
1988
 
5-40 yrs.
7349 West Friendly Avenue
 
Industrial
 
Piedmont Triad
 
 
 
53

 
393

 
—

 
161

 
53

 
554

 
607

 
202

 
1988
 
5-40 yrs.
7351 West Friendly Avenue
 
Industrial
 
Piedmont Triad
 
 
 
106

 
788

 
—

 
153

 
106

 
941

 
1,047

 
399

 
1988
 
5-40 yrs.
7353 West Friendly Avenue
 
Industrial
 
Piedmont Triad
 
 
 
123

 
912

 
—

 
120

 
123

 
1,032

 
1,155

 
420

 
1988
 
5-40 yrs.
7355 West Friendly Avenue
 
Industrial
 
Piedmont Triad
 
 
 
72

 
538

 
—

 
156

 
72

 
694

 
766

 
276

 
1988
 
5-40 yrs.
420 Gallimore Dairy Road
 
Office
 
Piedmont Triad
 
 
 
379

 
1,516

 
—

 
419

 
379

 
1,935

 
2,314

 
803

 
1990
 
5-40 yrs.
418 Gallimore Dairy Road
 
Office
 
Piedmont Triad
 
 
 
462

 
1,849

 
—

 
414

 
462

 
2,263

 
2,725

 
949

 
1986
 
5-40 yrs.
416 Gallimore Dairy Road
 
Office
 
Piedmont Triad
 
 
 
322

 
1,293

 
—

 
485

 
322

 
1,778

 
2,100

 
766

 
1986
 
5-40 yrs.
7031 Albert Pick Road
 
Office
 
Piedmont Triad
 
 
 
510

 
2,921

 
—

 
1,668

 
510

 
4,589

 
5,099

 
2,008

 
1986
 
5-40 yrs.
7029 Albert Pick Road
 
Office
 
Piedmont Triad
 
 
 
739

 
3,237

 
—

 
875

 
739

 
4,112

 
4,851

 
1,933

 
1988
 
5-40 yrs.
7025 Albert Pick Road
 
Office
 
Piedmont Triad
 
(2)
 
2,393

 
9,576

 
—

 
2,884

 
2,393

 
12,460

 
14,853

 
5,424

 
1990
 
5-40 yrs.
7027 Albert Pick Road
 
Office
 
Piedmont Triad
 
(2)
 
850

 
—

 
699

 
3,911

 
1,549

 
3,911

 
5,460

 
1,486

 
1997
 
5-40 yrs.
7009 Albert Pick Road
 
Industrial
 
Piedmont Triad
 
 
 
224

 
1,068

 
—

 
320

 
224

 
1,388

 
1,612

 
748

 
1990
 
5-40 yrs.
426 Gallimore Dairy Road
 
Office
 
Piedmont Triad
 
 
 
465

 
—

 
380

 
1,024

 
845

 
1,024

 
1,869

 
429

 
1996
 
5-40 yrs.
422 Gallimore Dairy Road
 
Industrial
 
Piedmont Triad
 
 
 
145

 
1,081

 
—

 
331

 
145

 
1,412

 
1,557

 
570

 
1990
 
5-40 yrs.
406 Gallimore Dairy Road
 
Office
 
Piedmont Triad
 
 
 
265

 
—

 
270

 
951

 
535

 
951

 
1,486

 
378

 
1996
 
5-40 yrs.
7021 Albert Pick Road
 
Industrial
 
Piedmont Triad
 
 
 
237

 
1,103

 
—

 
199

 
237

 
1,302

 
1,539

 
567

 
1985
 
5-40 yrs.
7019 Albert Pick Road
 
Industrial
 
Piedmont Triad
 
 
 
192

 
946

 
—

 
199

 
192

 
1,145

 
1,337

 
488

 
1985
 
5-40 yrs.
HIGHWOODS PROPERTIES, INC.
HIGHWOODS REALTY LIMITED PARTNERSHIP
 
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)
 
 
 
 
 
 
 
 
Initial Costs
 
Costs Capitalized
Subsequent to
Acquisition
 
Gross Value at Close of Period
 
 
 
 
 
 
Description
 
Segment
Type
 
City
 
2012
Encumbrance
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Total
Assets
 
Accumulated
Depreciation
 
Date of
Construction
 
Life on
Which
Depreciation
is
Calculated
7015 Albert Pick Road
 
Industrial
 
Piedmont Triad
 
 
 
305

 
1,219

 
—

 
372

 
305

 
1,591

 
1,896

 
682

 
1985
 
5-40 yrs.
7017 Albert Pick Road
 
Industrial
 
Piedmont Triad
 
 
 
225

 
928

 
—

 
116

 
225

 
1,044

 
1,269

 
454

 
1985
 
5-40 yrs.
7011 Albert Pick Road
 
Industrial
 
Piedmont Triad
 
 
 
171

 
777

 
—

 
230

 
171

 
1,007

 
1,178

 
432

 
1990
 
5-40 yrs.
424 Gallimore Dairy Road
 
Office
 
Piedmont Triad
 
 
 
271

 
—

 
239

 
989

 
510

 
989

 
1,499

 
480

 
1997
 
5-40 yrs.
410 Gallimore Dairy Road
 
Industrial
 
Piedmont Triad
 
 
 
356

 
1,613

 
—

 
202

 
356

 
1,815

 
2,171

 
840

 
1985
 
5-40 yrs.
412 Gallimore Dairy Road
 
Industrial
 
Piedmont Triad
 
 
 
374

 
1,523

 
—

 
377

 
374

 
1,900

 
2,274

 
787

 
1985
 
5-40 yrs.
408 Gallimore Dairy Road
 
Industrial
 
Piedmont Triad
 
 
 
341

 
1,486

 
—

 
629

 
341

 
2,115

 
2,456

 
1,006

 
1986
 
5-40 yrs.
414 Gallimore Dairy Road
 
Industrial
 
Piedmont Triad
 
 
 
659

 
2,676

 
—

 
646

 
659

 
3,322

 
3,981

 
1,447

 
1988
 
5-40 yrs.
237 Burgess Road
 
Industrial
 
Piedmont Triad
 
 
 
860

 
2,919

 
—

 
550

 
860

 
3,469

 
4,329

 
1,548

 
1986
 
5-40 yrs.
235 Burgess Road
 
Industrial
 
Piedmont Triad
 
 
 
1,302

 
4,392

 
—

 
706

 
1,302

 
5,098

 
6,400

 
2,504

 
1987
 
5-40 yrs.
241 Burgess Road
 
Industrial
 
Piedmont Triad
 
 
 
450

 
1,517

 
—

 
897

 
450

 
2,414

 
2,864

 
964

 
1988
 
5-40 yrs.
243 Burgess Road
 
Industrial
 
Piedmont Triad
 
 
 
452

 
1,514

 
—

 
153

 
452

 
1,667

 
2,119

 
774

 
1988
 
5-40 yrs.
496 Gallimore Dairy Road
 
Industrial
 
Piedmont Triad
 
 
 
546

 
—

 
—

 
2,918

 
546

 
2,918

 
3,464

 
1,157

 
1998
 
5-40 yrs.
494 Gallimore Dairy Road
 
Industrial
 
Piedmont Triad
 
 
 
749

 
—

 
—

 
2,509

 
749

 
2,509

 
3,258

 
854

 
1999
 
5-40 yrs.
486 Gallimore Dairy Road
 
Industrial
 
Piedmont Triad
 
 
 
603

 
—

 
—

 
2,273

 
603

 
2,273

 
2,876

 
729

 
1999
 
5-40 yrs.
488 Gallimore Dairy Road
 
Industrial
 
Piedmont Triad
 
 
 
499

 
—

 
—

 
2,075

 
499

 
2,075

 
2,574

 
661

 
1999
 
5-40 yrs.
490 Gallimore Dairy Road
 
Industrial
 
Piedmont Triad
 
 
 
1,733

 
—

 
—

 
5,742

 
1,733

 
5,742

 
7,475

 
2,691

 
1999
 
5-40 yrs.
7825 National Service Road
 
Office
 
Piedmont Triad
 
 
 
944

 
3,831

 
—

 
1,017

 
944

 
4,848

 
5,792

 
2,230

 
1984
 
5-40 yrs.
7823 National Service Road
 
Office
 
Piedmont Triad
 
 
 
887

 
3,550

 
—

 
506

 
887

 
4,056

 
4,943

 
1,818

 
1985
 
5-40 yrs.
HIGHWOODS PROPERTIES, INC.
HIGHWOODS REALTY LIMITED PARTNERSHIP
 
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)
 
 
 
 
 
 
 
 
Initial Costs
 
Costs Capitalized
Subsequent to
Acquisition
 
Gross Value at Close of Period
 
 
 
 
 
 
Description
 
Segment
Type
 
City
 
2012
Encumbrance
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Total
Assets
 
Accumulated
Depreciation
 
Date of
Construction
 
Life on
Which
Depreciation
is
Calculated
7819 National Service Road
 
Office
 
Piedmont Triad
 
 
 
227

 
907

 
—

 
430

 
227

 
1,337

 
1,564

 
644

 
1985
 
5-40 yrs.
7817 National Service Road
 
Office
 
Piedmont Triad
 
 
 
243

 
971

 
—

 
647

 
243

 
1,618

 
1,861

 
622

 
1985
 
5-40 yrs.
7815 National Service Road
 
Office
 
Piedmont Triad
 
 
 
327

 
1,309

 
—

 
842

 
327

 
2,151

 
2,478

 
968

 
1985
 
5-40 yrs.
Brigham Road - Land
 
Industrial
 
Piedmont Triad
 
 
 
7,059

 
—

 
(3,720
)
 
—

 
3,339

 
—

 
3,339

 
—

 
N/A
 
N/A
3330 Healy Drive
 
Office
 
Piedmont Triad
 
 
 
625

 
2,183

 
(235
)
 
555

 
390

 
2,738

 
3,128

 
1,344

 
1983
 
5-40 yrs.
3334 Healy Drive
 
Office
 
Piedmont Triad
 
 
 
625

 
4,435

 
(203
)
 
(983
)
 
422

 
3,452

 
3,874

 
1,754

 
1983
 
5-40 yrs.
1381 Old Mill Circle
 
Office
 
Piedmont Triad
 
 
 
680

 
3,572

 
(217
)
 
(963
)
 
463

 
2,609

 
3,072

 
1,317

 
1989
 
5-40 yrs.
1399 Ashleybrook Lane
 
Office
 
Piedmont Triad
 
 
 
376

 
1,655

 
(123
)
 
(337
)
 
253

 
1,318

 
1,571

 
667

 
1989
 
5-40 yrs.
7800 Thorndike Road
 
Office
 
Piedmont Triad
 
 
 
1,041

 
5,892

 
—

 
1,429

 
1,041

 
7,321

 
8,362

 
2,812

 
1989
 
5-40 yrs.
651 Brigham Road
 
Industrial
 
Piedmont Triad
 
 
 
453

 
—

 
360

 
2,900

 
813

 
2,900

 
3,713

 
896

 
2002
 
5-40 yrs.
657 Brigham Road
 
Industrial
 
Piedmont Triad
 
 
 
2,733

 
—

 
881

 
11,097

 
3,614

 
11,097

 
14,711

 
1,924

 
2006
 
5-40 yrs.
653 Brigham Road
 
Industrial
 
Piedmont Triad
 
 
 
814

 
—

 
—

 
3,587

 
814

 
3,587

 
4,401

 
454

 
2007
 
5-40 yrs.
2000 Frontis Plaza Boulevard
 
Office
 
Piedmont Triad
 
 
 
329

 
1,867

 
—

 
767

 
329

 
2,634

 
2,963

 
1,227

 
1985
 
5-40 yrs.
1501 Highwoods Boulevard
 
Office
 
Piedmont Triad
 
 
 
1,476

 
—

 
—

 
7,848

 
1,476

 
7,848

 
9,324

 
2,126

 
2001
 
5-40 yrs.
Jefferson Pilot - Land
 
Office
 
Piedmont Triad
 
 
 
11,759

 
—

 
(4,311
)
 
—

 
7,448

 
—

 
7,448

 
—

 
N/A
 
 N/A
4200 Tudor Lane
 
Industrial
 
Piedmont Triad
 
 
 
515

 
—

 
383

 
2,352

 
898

 
2,352

 
3,250

 
988

 
1996
 
5-40 yrs.
4224 Tudor Lane
 
Industrial
 
Piedmont Triad
 
 
 
435

 
—

 
288

 
1,838

 
723

 
1,838

 
2,561

 
724

 
1996
 
5-40 yrs.
7023 Albert Pick Road
 
Office
 
Piedmont Triad
 
 
 
834

 
3,459

 
—

 
500

 
834

 
3,959

 
4,793

 
1,706

 
1989
 
5-40 yrs.
380 Knollwood Street - Retail
 
Office
 
Piedmont Triad
 
 
 
—

 
1

 
—

 
227

 
—

 
228

 
228

 
117

 
1995
 
5-40 yrs.
HIGHWOODS PROPERTIES, INC.
HIGHWOODS REALTY LIMITED PARTNERSHIP
 
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)
 
 
 
 
 
 
 
 
Initial Costs
 
Costs Capitalized
Subsequent to
Acquisition
 
Gross Value at Close of Period
 
 
 
 
 
 
Description
 
Segment
Type
 
City
 
2012
Encumbrance
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Total
Assets
 
Accumulated
Depreciation
 
Date of
Construction
 
Life on
Which
Depreciation
is
Calculated
370 Knollwood Street
 
Office
 
Piedmont Triad
 
 
 
1,826

 
7,495

 
—

 
2,627

 
1,826

 
10,122

 
11,948

 
3,716

 
1994
 
5-40 yrs.
380 Knollwood Street
 
Office
 
Piedmont Triad
 
 
 
2,989

 
12,028

 
—

 
2,902

 
2,989

 
14,930

 
17,919

 
6,580

 
1990
 
5-40 yrs.
799 Hanes Mall Boulevard
 
Office
 
Piedmont Triad
 
 
 
1,450

 
11,375

 
—

 
1,005

 
1,450

 
12,380

 
13,830

 
4,924

 
1970-1987
 
5-40 yrs.
3901 Westpoint Boulevard
 
Office
 
Piedmont Triad
 
 
 
347

 
1,389

 
—

 
97

 
347

 
1,486

 
1,833

 
653

 
1990
 
5-40 yrs.
Church St Medical Center I
 
Office
 
Piedmont Triad
 
7,764

 
2,734

 
9,129

 
—

 
—

 
2,734

 
9,129

 
11,863

 
91

 
2003
 
5-40 yrs.
Church St Medical Center II
 
Office
 
Piedmont Triad
 
 
 
2,376

 
5,451

 
—

 
3

 
2,376

 
5,454

 
7,830

 
125

 
2007
 
5-40 yrs.
Church St Medical Center III
 
Office
 
Piedmont Triad
 
 
 
925

 
4,551

 
—

 
76

 
925

 
4,627

 
5,552

 
91

 
2008
 
5-40 yrs.
Pittsburgh, PA
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One PPG Place
 
Office
 
Pittsburgh
 
(4)
 
9,819

 
107,643

 
—

 
11,751

 
9,819

 
119,394

 
129,213

 
5,274

 
1983-1985
 
5-40 yrs.
Two PPG Place-Office
 
Office
 
Pittsburgh
 
(4)
 
2,302

 
10,863

 
—

 
376

 
2,302

 
11,239

 
13,541

 
520

 
1983-1985
 
5-40 yrs.
Two PPG Place-Retail
 
Office
 
Pittsburgh
 
(4)
 
—

 
115

 
—

 
150

 
—

 
265

 
265

 
28

 
1983-1985
 
5-40 yrs.
Three PPG Place
 
Office
 
Pittsburgh
 
(4)
 
501

 
2,923

 
—

 
556

 
501

 
3,479

 
3,980

 
152

 
1983-1985
 
5-40 yrs.
Four PPG Place
 
Office
 
Pittsburgh
 
(4)
 
620

 
3,239

 
—

 
689

 
620

 
3,928

 
4,548

 
154

 
1983-1985
 
5-40 yrs.
Five PPG Place
 
Office
 
Pittsburgh
 
(4)
 
803

 
4,924

 
—

 
1,149

 
803

 
6,073

 
6,876

 
310

 
1983-1985
 
5-40 yrs.
Six PPG Place
 
Office
 
Pittsburgh
 
(4)
 
3,353

 
25,602

 
—

 
2,744

 
3,353

 
28,346

 
31,699

 
1,698

 
1983-1985
 
5-40 yrs.
EQT Plaza
 
Office
 
Pittsburgh
 
 
 
—

 
83,812

 
—

 
—

 
—

 
83,812

 
83,812

 
282

 
1987
 
5-40 yrs.
Raleigh, NC
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
3600 Glenwood Avenue
 
Office
 
Raleigh
 
 
 
—

 
10,994

 
—

 
4,581

 
—

 
15,575

 
15,575

 
5,441

 
1986
 
5-40 yrs.
3737 Glenwood Avenue
 
Office
 
Raleigh
 
 
 
—

 
—

 
318

 
15,347

 
318

 
15,347

 
15,665

 
4,822

 
1999
 
5-40 yrs.
4101 Research Commons
 
Office
 
Raleigh
 
 
 
1,348

 
8,346

 
220

 
(2,109
)
 
1,568

 
6,237

 
7,805

 
2,026

 
1999
 
5-40 yrs.
4201 Research Commons
 
Office
 
Raleigh
 
 
 
1,204

 
11,858

 
—

 
(1,284
)
 
1,204

 
10,574

 
11,778

 
4,029

 
1991
 
5-40 yrs.
4301 Research Commons
 
Office
 
Raleigh
 
 
 
900

 
8,237

 
—

 
534

 
900

 
8,771

 
9,671

 
3,853

 
1989
 
5-40 yrs.
4401 Research Commons
 
Office
 
Raleigh
 
 
 
1,249

 
9,387

 
—

 
2,007

 
1,249

 
11,394

 
12,643

 
4,988

 
1987
 
5-40 yrs.
4501 Research Commons
 
Office
 
Raleigh
 
 
 
785

 
5,856

 
—

 
1,780

 
785

 
7,636

 
8,421

 
3,854

 
1985
 
5-40 yrs.
4800 North Park
 
Office
 
Raleigh
 
 
 
2,678

 
17,630

 
—

 
7,493

 
2,678

 
25,123

 
27,801

 
11,333

 
1985
 
5-40 yrs.
4900 North Park
 
Office
 
Raleigh
 
87
 
770

 
1,983

 
—

 
1,275

 
770

 
3,258

 
4,028

 
1,373

 
1984
 
5-40 yrs.
5000 North Park
 
Office
 
Raleigh
 
 
 
1,010

 
4,612

 
(49
)
 
2,423

 
961

 
7,035

 
7,996

 
3,546

 
1980
 
5-40 yrs.
HIGHWOODS PROPERTIES, INC.
HIGHWOODS REALTY LIMITED PARTNERSHIP
 
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)
 
 
 
 
 
 
 
 
Initial Costs
 
Costs Capitalized
Subsequent to
Acquisition
 
Gross Value at Close of Period
 
 
 
 
 
 
Description
 
Segment
Type
 
City
 
2012
Encumbrance
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Total
Assets
 
Accumulated
Depreciation
 
Date of
Construction
 
Life on
Which
Depreciation
is
Calculated
801 Raleigh Corporate Center
 
Office
 
Raleigh
 
(3)
 
828

 
—

 
272

 
9,565

 
1,100

 
9,565

 
10,665

 
2,700

 
2002
 
5-40 yrs.
Blue Ridge I
 
Office
 
Raleigh
 
 
 
722

 
4,606

 
—

 
1,082

 
722

 
5,688

 
6,410

 
2,705

 
1982
 
5-40 yrs.
Blue Ridge II
 
Office
 
Raleigh
 
 
 
462

 
1,410

 
—

 
494

 
462

 
1,904

 
2,366

 
1,091

 
1988
 
5-40 yrs.
Cape Fear
 
Office
 
Raleigh
 
 
 
131

 
1,630

 
—

 
770

 
131

 
2,400

 
2,531

 
2,224

 
1979
 
5-40 yrs.
Catawba
 
Office
 
Raleigh
 
 
 
125

 
1,635

 
—

 
2,390

 
125

 
4,025

 
4,150

 
2,975

 
1980
 
5-40 yrs.
CentreGreen One
 
Office
 
Raleigh
 
(2)
 
1,529

 
—

 
(378
)
 
9,400

 
1,151

 
9,400

 
10,551

 
2,677

 
2000
 
5-40 yrs.
CentreGreen Two
 
Office
 
Raleigh
 
(2)
 
1,653

 
—

 
(389
)
 
8,885

 
1,264

 
8,885

 
10,149

 
2,655

 
2001
 
5-40 yrs.
CentreGreen Three - Land
 
Office
 
Raleigh
 
 
 
1,876

 
—

 
(384
)
 
—

 
1,492

 
—

 
1,492

 
—

 
N/A
 
N/A
CentreGreen Four
 
Office
 
Raleigh
 
(2)
 
1,779

 
—

 
(397
)
 
11,127

 
1,382

 
11,127

 
12,509

 
3,984

 
2002
 
5-40 yrs.
CentreGreen Five
 
Office
 
Raleigh
 
 
 
1,280

 
—

 
69

 
12,781

 
1,349

 
12,781

 
14,130

 
2,428

 
2008
 
5-40 yrs.
Cottonwood
 
Office
 
Raleigh
 
 
 
609

 
3,244

 
—

 
434

 
609

 
3,678

 
4,287

 
1,728

 
1983
 
5-40 yrs.
Dogwood
 
Office
 
Raleigh
 
 
 
766

 
2,769

 
—

 
524

 
766

 
3,293

 
4,059

 
1,656

 
1983
 
5-40 yrs.
EPA
 
Office
 
Raleigh
 
 
 
2,597

 
—

 
—

 
1,670

 
2,597

 
1,670

 
4,267

 
949

 
2003
 
5-40 yrs.
GlenLake - Land
 
Office
 
Raleigh
 
 
 
13,003

 
—

 
(6,096
)
 
114

 
6,907

 
114

 
7,021

 
33

 
N/A
 
N/A
GlenLake One
 
Office
 
Raleigh
 
(2)
 
924

 
—

 
1,324

 
21,914

 
2,248

 
21,914

 
24,162

 
6,652

 
2002
 
5-40 yrs.
GlenLake Four
 
Office
 
Raleigh
 
(3)
 
1,659

 
—

 
493

 
21,920

 
2,152

 
21,920

 
24,072

 
4,717

 
2006
 
5-40 yrs.
GlenLake Six
 
Office
 
Raleigh
 
 
 
941

 
—

 
737

 
22,186

 
1,678

 
22,186

 
23,864

 
3,557

 
2008
 
5-40 yrs.
701 Raleigh Corporate Center
 
Office
 
Raleigh
 
(3)
 
1,304

 
—

 
540

 
13,812

 
1,844

 
13,812

 
15,656

 
5,570

 
1996
 
5-40 yrs.
Highwoods Centre
 
Office
 
Raleigh
 
 
 
531

 
—

 
(267
)
 
7,553

 
264

 
7,553

 
7,817

 
2,918

 
1998
 
5-40 yrs.
Highwoods Office Center North - Land
 
Office
 
Raleigh
 
 
 
357

 
49

 
—

 
—

 
357

 
49

 
406

 
31

 
N/A
 
N/A
Highwoods Tower One
 
Office
 
Raleigh
 
 
 
203

 
16,744

 
—

 
3,377

 
203

 
20,121

 
20,324

 
10,313

 
1991
 
5-40 yrs.
Highwoods Tower Two
 
Office
 
Raleigh
 
 
 
365

 
—

 
503

 
21,362

 
868

 
21,362

 
22,230

 
6,114

 
2001
 
5-40 yrs.
Inveresk Parcel 2 - Land
 
Office
 
Raleigh
 
 
 
657

 
—

 
197

 
—

 
854

 
—

 
854

 
—

 
N/A
 
N/A
Inveresk Parcel 3 - Land
 
Office
 
Raleigh
 
 
 
548

 
—

 
306

 
—

 
854

 
—

 
854

 
—

 
N/A
 
N/A
Lake Boone Medical Center
 
Office
 
Raleigh
 
 
 
1,450

 
6,311

 
—

 
257

 
1,450

 
6,568

 
8,018

 
527

 
1998
 
5-40 yrs.
4620 Creekstone Drive
 
Office
 
Raleigh
 
 
 
149

 
—

 
107

 
3,153

 
256

 
3,153

 
3,409

 
982

 
2001
 
5-40 yrs.
4825 Creekstone Drive
 
Office
 
Raleigh
 
 
 
398

 
—

 
293

 
9,282

 
691

 
9,282

 
9,973

 
3,131

 
1999
 
5-40 yrs.
Pamlico
 
Office
 
Raleigh
 
 
 
289

 
—

 
—

 
14,825

 
289

 
14,825

 
15,114

 
9,943

 
1980
 
5-40 yrs.
ParkWest One
 
Office
 
Raleigh
 
 
 
242

 
—

 
—

 
3,315

 
242

 
3,315

 
3,557

 
946

 
2001
 
5-40 yrs.
ParkWest Two
 
Office
 
Raleigh
 
 
 
356

 
—

 
—

 
4,099

 
356

 
4,099

 
4,455

 
1,574

 
2001
 
5-40 yrs.
ParkWest Three - Land - Weston
 
Office
 
Raleigh
 
 
 
306

 
—

 
—

 
—

 
306

 
—

 
306

 
—

 
N/A
 
5-40 yrs.
HIGHWOODS PROPERTIES, INC.
HIGHWOODS REALTY LIMITED PARTNERSHIP
 
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)
 
 
 
 
 
 
 
 
Initial Costs
 
Costs Capitalized
Subsequent to
Acquisition
 
Gross Value at Close of Period
 
 
 
 
 
 
Description
 
Segment
Type
 
City
 
2012
Encumbrance
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Total
Assets
 
Accumulated
Depreciation
 
Date of
Construction
 
Life on
Which
Depreciation
is
Calculated
Progress Center Renovation
 
Office
 
Raleigh
 
 
 
—

 
—

 
—

 
362

 
—

 
362

 
362

 
215

 
2003
 
5-40 yrs.
Raleigh Corp Center Lot D
 
Office
 
Raleigh
 
 
 
1,211

 
—

 
8

 
—

 
1,219

 
—

 
1,219

 
—

 
N/A
 
N/A
PNC Plaza
 
Office
 
Raleigh
 
45,662
 
1,206

 
—

 
—

 
71,553

 
1,206

 
71,553

 
72,759

 
9,831

 
2008
 
5-40 yrs.
Rexwoods Center I
 
Office
 
Raleigh
 
 
 
878

 
3,730

 
—

 
1,224

 
878

 
4,954

 
5,832

 
2,798

 
1990
 
5-40 yrs.
Rexwoods Center II
 
Office
 
Raleigh
 
 
 
362

 
1,818

 
—

 
1,001

 
362

 
2,819

 
3,181

 
930

 
1993
 
5-40 yrs.
Rexwoods Center III
 
Office
 
Raleigh
 
 
 
919

 
2,816

 
—

 
751

 
919

 
3,567

 
4,486

 
1,889

 
1992
 
5-40 yrs.
Rexwoods Center IV
 
Office
 
Raleigh
 
 
 
586

 
—

 
—

 
3,888

 
586

 
3,888

 
4,474

 
1,574

 
1995
 
5-40 yrs.
Rexwoods Center V
 
Office
 
Raleigh
 
 
 
1,301

 
—

 
184

 
5,241

 
1,485

 
5,241

 
6,726

 
1,942

 
1998
 
5-40 yrs.
Riverbirch
 
Office
 
Raleigh
 
 
 
469

 
4,038

 
23

 
6,409

 
492

 
10,447

 
10,939

 
599

 
1987
 
5-40 yrs.
Situs I
 
Office
 
Raleigh
 
 
 
692

 
4,646

 
178

 
(1,189
)
 
870

 
3,457

 
4,327

 
1,334

 
1996
 
5-40 yrs.
Situs II
 
Office
 
Raleigh
 
 
 
718

 
6,254

 
181

 
(1,081
)
 
899

 
5,173

 
6,072

 
1,857

 
1998
 
5-40 yrs.
Situs III
 
Office
 
Raleigh
 
 
 
440

 
4,078

 
119

 
(1,008
)
 
559

 
3,070

 
3,629

 
1,025

 
2000
 
5-40 yrs.
Six Forks Center I
 
Office
 
Raleigh
 
 
 
666

 
2,665

 
—

 
1,268

 
666

 
3,933

 
4,599

 
1,774

 
1982
 
5-40 yrs.
Six Forks Center II
 
Office
 
Raleigh
 
 
 
1,086

 
4,533

 
—

 
1,582

 
1,086

 
6,115

 
7,201

 
2,803

 
1983
 
5-40 yrs.
Six Forks Center III
 
Office
 
Raleigh
 
 
 
862

 
4,411

 
—

 
1,897

 
862

 
6,308

 
7,170

 
2,956

 
1987
 
5-40 yrs.
Smoketree Tower
 
Office
 
Raleigh
 
 
 
2,353

 
11,743

 
—

 
4,245

 
2,353

 
15,988

 
18,341

 
7,083

 
1984
 
5-40 yrs.
4601 Creekstone Drive
 
Office
 
Raleigh
 
 
 
255

 
—

 
217

 
5,184

 
472

 
5,184

 
5,656

 
1,945

 
1997
 
5-40 yrs.
Weston - Land
 
Office
 
Raleigh
 
 
 
22,771

 
—

 
(8,938
)
 
—

 
13,833

 
—

 
13,833

 
—

 
N/A
 
N/A
4625 Creekstone Drive
 
Office
 
Raleigh
 
 
 
458

 
—

 
268

 
5,142

 
726

 
5,142

 
5,868

 
2,200

 
1995
 
5-40 yrs.
11000 Weston Parkway
 
Office
 
Raleigh
 
 
 
2,651

 
18,850

 
—

 
233

 
2,651

 
19,083

 
21,734

 
572

 
1998
 
5-40 yrs.
Other Property
 
Other
 
Raleigh
 
 
 
24,976

 
9,495

 
(23,151
)
 
4,574

 
1,825

 
14,069

 
15,894

 
7,467

 
N/A
 
 N/A
Richmond, VA
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
4900 Cox Road
 
Office
 
Richmond
 
 
 
1,324

 
5,311

 
—

 
3,006

 
1,324

 
8,317

 
9,641

 
3,605

 
1991
 
5-40 yrs.
Colonnade Building
 
Office
 
Richmond
 
(2)
 
1,364

 
6,105

 
—

 
722

 
1,364

 
6,827

 
8,191

 
1,967

 
2003
 
5-40 yrs.
Dominion Place - Pitts Parcel - Land
 
Office
 
Richmond
 
 
 
1,101

 
—

 
(189
)
 
—

 
912

 
—

 
912

 
—

 
N/A
 
N/A
Markel 4521
 
Office
 
Richmond
 
10,142
 
1,581

 
13,299

 
—

 
(1,746
)
 
1,581

 
11,553

 
13,134

 
3,683

 
1999
 
5-40 yrs.
Grove Park I
 
Office
 
Richmond
 
 
 
713

 
—

 
319

 
5,230

 
1,032

 
5,230

 
6,262

 
1,974

 
1997
 
5-40 yrs.
Hamilton Beach/Proctor-Silex
 
Office
 
Richmond
 
 
 
1,086

 
4,345

 
—

 
2,025

 
1,086

 
6,370

 
7,456

 
3,028

 
1986
 
5-40 yrs.
Highwoods Commons
 
Office
 
Richmond
 
 
 
521

 
—

 
446

 
3,343

 
967

 
3,343

 
4,310

 
1,133

 
1999
 
5-40 yrs.
Highwoods One
 
Office
 
Richmond
 
 
 
1,688

 
—

 
—

 
11,014

 
1,688

 
11,014

 
12,702

 
4,249

 
1996
 
5-40 yrs.
Highwoods Two
 
Office
 
Richmond
 
(2)
 
786

 
—

 
213

 
6,070

 
999

 
6,070

 
7,069

 
2,370

 
1997
 
5-40 yrs.
HIGHWOODS PROPERTIES, INC.
HIGHWOODS REALTY LIMITED PARTNERSHIP
 
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)
 
 
 
 
 
 
 
 
Initial Costs
 
Costs Capitalized
Subsequent to
Acquisition
 
Gross Value at Close of Period
 
 
 
 
 
 
Description
 
Segment
Type
 
City
 
2012
Encumbrance
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Total
Assets
 
Accumulated
Depreciation
 
Date of
Construction
 
Life on
Which
Depreciation
is
Calculated
Highwoods Five
 
Office
 
Richmond
 
 
 
783

 
—

 
—

 
5,339

 
783

 
5,339

 
6,122

 
1,961

 
1998
 
5-40 yrs.
Highwoods Plaza
 
Office
 
Richmond
 
 
 
909

 
—

 
176

 
5,719

 
1,085

 
5,719

 
6,804

 
1,785

 
2000
 
5-40 yrs.
Markel 4551
 
Office
 
Richmond
 
4,809
 
1,300

 
6,958

 
(144
)
 
(414
)
 
1,156

 
6,544

 
7,700

 
1,475

 
1987
 
5-40 yrs.
Innslake Center
 
Office
 
Richmond
 
 
 
845

 
—

 
195

 
5,396

 
1,040

 
5,396

 
6,436

 
1,521

 
2001
 
5-40 yrs.
Highwoods Centre
 
Office
 
Richmond
 
 
 
1,205

 
4,825

 
—

 
1,098

 
1,205

 
5,923

 
7,128

 
2,374

 
1990
 
5-40 yrs.
Markel 4501
 
Office
 
Richmond
 
7,992
 
1,300

 
13,259

 
72

 
(4,410
)
 
1,372

 
8,849

 
10,221

 
2,013

 
1998
 
5-40 yrs.
Markel 4600
 
Office
 
Richmond
 
10,142
 
1,700

 
17,081

 
(386
)
 
(5,389
)
 
1,314

 
11,692

 
13,006

 
2,617

 
1989
 
5-40 yrs.
North Park
 
Office
 
Richmond
 
 
 
2,163

 
8,659

 
(14
)
 
1,846

 
2,149

 
10,505

 
12,654

 
4,849

 
1989
 
5-40 yrs.
North Shore Commons I
 
Office
 
Richmond
 
(2)
 
951

 
—

 
—

 
11,361

 
951

 
11,361

 
12,312

 
3,189

 
2002
 
5-40 yrs.
North Shore Commons II
 
Office
 
Richmond
 
(2)
 
2,067

 
—

 
(103
)
 
11,075

 
1,964

 
11,075

 
13,039

 
2,215

 
2007
 
5-40 yrs.
North Shore Commons C - Land
 
Office
 
Richmond
 
 
 
1,497

 
—

 
—

 
—

 
1,497

 
—

 
1,497

 
—

 
N/A
 
 N/A
North Shore Commons D - Land
 
Office
 
Richmond
 
 
 
1,261

 
—

 
—

 
—

 
1,261

 
—

 
1,261

 
—

 
N/A
 
N/A
Nucklos Corner Land
 
Office
 
Richmond
 
 
 
1,259

 
—

 
—

 
—

 
1,259

 
—

 
1,259

 
—

 
N/A
 
N/A
One Shockoe Plaza
 
Office
 
Richmond
 
 
 
—

 
—

 
356

 
15,164

 
356

 
15,164

 
15,520

 
6,684

 
1996
 
5-40 yrs.
Pavilion Land
 
Office
 
Richmond
 
 
 
181

 
46

 
20

 
(46
)
 
201

 
—

 
201

 
—

 
N/A
 
N/A
Lake Brook Commons
 
Office
 
Richmond
 
 
 
1,600

 
8,864

 
—

 
2,063

 
1,600

 
10,927

 
12,527

 
1,332

 
1996
 
5-40 yrs.
Sadler & Cox Land
 
Office
 
Richmond
 
 
 
1,535

 
—

 
—

 
—

 
1,535

 
—

 
1,535

 
—

 
N/A
 
 N/A
4840 Cox Road
 
Office
 
Richmond
 
(2)
 
1,918

 
—

 
337

 
13,550

 
2,255

 
13,550

 
15,805

 
4,075

 
2005
 
5-40 yrs.
Stony Point F Land
 
Office
 
Richmond
 
 
 
1,841

 
—

 
—

 
—

 
1,841

 
—

 
1,841

 
—

 
N/A
 
 N/A
Stony Point I
 
Office
 
Richmond
 
(2)
 
1,384

 
11,630

 
59

 
2,480

 
1,443

 
14,110

 
15,553

 
5,268

 
1990
 
5-40 yrs.
Stony Point II
 
Office
 
Richmond
 
 
 
1,240

 
—

 
—

 
11,826

 
1,240

 
11,826

 
13,066

 
3,896

 
1999
 
5-40 yrs.
Stony Point III
 
Office
 
Richmond
 
(2)
 
995

 
—

 
—

 
9,270

 
995

 
9,270

 
10,265

 
2,738

 
2002
 
5-40 yrs.
Stony Point IV
 
Office
 
Richmond
 
 
 
955

 
—

 
—

 
11,459

 
955

 
11,459

 
12,414

 
2,868

 
2006
 
5-40 yrs.
Technology Park I
 
Office
 
Richmond
 
 
 
541

 
2,166

 
—

 
363

 
541

 
2,529

 
3,070

 
1,054

 
1991
 
5-40 yrs.
Technology Park II
 
Office
 
Richmond
 
 
 
264

 
1,058

 
—

 
109

 
264

 
1,167

 
1,431

 
507

 
1991
 
5-40 yrs.
Vantage Place-A
 
Office
 
Richmond
 
(2)
 
203

 
811

 
—

 
168

 
203

 
979

 
1,182

 
449

 
1987
 
5-40 yrs.
Vantage Place-B
 
Office
 
Richmond
 
(2)
 
233

 
931

 
—

 
254

 
233

 
1,185

 
1,418

 
513

 
1988
 
5-40 yrs.
Vantage Place-C
 
Office
 
Richmond
 
(2)
 
235

 
940

 
—

 
282

 
235

 
1,222

 
1,457

 
542

 
1987
 
5-40 yrs.
Vantage Place-D
 
Office
 
Richmond
 
(2)
 
218

 
873

 
—

 
283

 
218

 
1,156

 
1,374

 
515

 
1988
 
5-40 yrs.
Vantage Pointe
 
Office
 
Richmond
 
(2)
 
1,089

 
4,500

 
—

 
1,279

 
1,089

 
5,779

 
6,868

 
2,547

 
1990
 
5-40 yrs.
Virginia Mutual
 
Office
 
Richmond
 
 
 
1,301

 
6,036

 
—

 
709

 
1,301

 
6,745

 
8,046

 
2,137

 
1996
 
5-40 yrs.
HIGHWOODS PROPERTIES, INC.
HIGHWOODS REALTY LIMITED PARTNERSHIP
 
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)
 
 
 
 
 
 
 
 
Initial Costs
 
Costs Capitalized
Subsequent to
Acquisition
 
Gross Value at Close of Period
 
 
 
 
 
 
Description
 
Segment
Type
 
City
 
2012
Encumbrance
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Total
Assets
 
Accumulated
Depreciation
 
Date of
Construction
 
Life on
Which
Depreciation
is
Calculated
Waterfront Plaza
 
Office
 
Richmond
 
 
 
585

 
2,347

 
—

 
1,180

 
585

 
3,527

 
4,112

 
1,572

 
1988
 
5-40 yrs.
West Shore I
 
Office
 
Richmond
 
 
 
332

 
1,431

 
—

 
195

 
332

 
1,626

 
1,958

 
668

 
1995
 
5-40 yrs.
West Shore II
 
Office
 
Richmond
 
 
 
489

 
2,181

 
—

 
593

 
489

 
2,774

 
3,263

 
1,096

 
1995
 
5-40 yrs.
West Shore III
 
Office
 
Richmond
 
 
 
961

 
—

 
141

 
4,295

 
1,102

 
4,295

 
5,397

 
1,505

 
1997
 
5-40 yrs.
Tampa, FL
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

380 Park Place
 
Office
 
Tampa
 
 
 
1,502

 
—

 
240

 
6,946

 
1,742

 
6,946

 
8,688

 
2,059

 
2001
 
5-40 yrs.
4200 Cypress
 
Office
 
Tampa
 
 
 
2,673

 
16,470

 
—

 
897

 
2,673

 
17,367

 
20,040

 
2,425

 
1989
 
5-40 yrs.
Anchor Plaza
 
Office
 
Tampa
 
 
 
1,281

 
11,318

 
—

 
1,241

 
1,281

 
12,559

 
13,840

 
4,773

 
1988
 
5-40 yrs.
Avion Park - Land
 
Office
 
Tampa
 
 
 
5,237

 
—

 
—

 
1,487

 
5,237

 
1,487

 
6,724

 
158

 
N/A
 
N/A
Bayshore Place
 
Office
 
Tampa
 
 
 
2,276

 
11,817

 
—

 
1,244

 
2,276

 
13,061

 
15,337

 
4,960

 
1990
 
5-40 yrs.
General Services Administration
 
Office
 
Tampa
 
(3)
 
4,054

 
—

 
406

 
27,273

 
4,460

 
27,273

 
31,733

 
6,330

 
2005
 
5-40 yrs.
Feather Sound Corporate Ctr II
 
Office
 
Tampa
 
 
 
802

 
7,463

 
(802
)
 
(7,463
)
 
—

 
—

 
—

 
—

 
1986
 
5-40 yrs.
Harborview Plaza
 
Office
 
Tampa
 
 
 
3,537

 
29,944

 
969

 
(5,138
)
 
4,506

 
24,806

 
29,312

 
6,143

 
2001
 
5-40 yrs.
Highwoods Preserve Building I
 
Office
 
Tampa
 
(3)
 
991

 
—

 
—

 
22,216

 
991

 
22,216

 
23,207

 
7,350

 
1999
 
5-40 yrs.
Highwoods Preserve - Land
 
Office
 
Tampa
 
 
 
1,485

 
—

 
485

 
—

 
1,970

 
—

 
1,970

 
—

 
N/A
 
N/A
Highwoods Preserve Building V
 
Office
 
Tampa
 
(3)
 
881

 
—

 
—

 
27,282

 
881

 
27,282

 
28,163

 
10,195

 
2001
 
5-40 yrs.
Highwoods Bay Center I
 
Office
 
Tampa
 
 
 
3,565

 
—

 
(64
)
 
37,754

 
3,501

 
37,754

 
41,255

 
7,307

 
2007
 
5-40 yrs.
HIW Bay Center II - Land
 
Office
 
Tampa
 
 
 
3,482

 
—

 
—

 
—

 
3,482

 
—

 
3,482

 
—

 
N/A
 
N/A
Highwoods Preserve Building VII
 
Office
 
Tampa
 
 
 
790

 
—

 
—

 
12,498

 
790

 
12,498

 
13,288

 
1,781

 
2007
 
5-40 yrs.
HIW Preserve VII Garage
 
Office
 
Tampa
 
 
 
—

 
—

 
—

 
6,789

 
—

 
6,789

 
6,789

 
1,004

 
2007
 
5-40 yrs.
Horizon
 
Office
 
Tampa
 
 
 
—

 
6,257

 
—

 
2,724

 
—

 
8,981

 
8,981

 
3,850

 
1980
 
5-40 yrs.
LakePointe One
 
Office
 
Tampa
 
 
 
2,106

 
89

 
—

 
36,297

 
2,106

 
36,386

 
38,492

 
13,845

 
1986
 
5-40 yrs.
LakePointe Two
 
Office
 
Tampa
 
 
 
2,000

 
15,848

 
672

 
7,803

 
2,672

 
23,651

 
26,323

 
7,974

 
1999
 
5-40 yrs.
Lakeside
 
Office
 
Tampa
 
 
 
—

 
7,369

 
—

 
965

 
—

 
8,334

 
8,334

 
3,172

 
1978
 
5-40 yrs.
Lakeside/Parkside Garage
 
Office
 
Tampa
 
 
 
—

 
—

 
—

 
3,571

 
—

 
3,571

 
3,571

 
658

 
2004
 
5-40 yrs.
One Harbour Place
 
Office
 
Tampa
 
 
 
2,016

 
25,252

 
—

 
6,730

 
2,016

 
31,982

 
33,998

 
10,983

 
1985
 
5-40 yrs.
Parkside
 
Office
 
Tampa
 
 
 
—

 
9,407

 
—

 
3,502

 
—

 
12,909

 
12,909

 
5,864

 
1979
 
5-40 yrs.
Pavilion
 
Office
 
Tampa
 
 
 
—

 
16,394

 
—

 
3,209

 
—

 
19,603

 
19,603

 
7,501

 
1982
 
5-40 yrs.
Pavilion Parking Garage
 
Office
 
Tampa
 
 
 
—

 
—

 
—

 
5,689

 
—

 
5,689

 
5,689

 
1,851

 
1999
 
5-40 yrs.
Spectrum
 
Office
 
Tampa
 
 
 
1,454

 
14,502

 
—

 
5,261

 
1,454

 
19,763

 
21,217

 
7,447

 
1984
 
5-40 yrs.
Tower Place
 
Office
 
Tampa
 
(3)
 
3,218

 
19,898

 
—

 
2,764

 
3,218

 
22,662

 
25,880

 
9,467

 
1988
 
5-40 yrs.
HIGHWOODS PROPERTIES, INC.
HIGHWOODS REALTY LIMITED PARTNERSHIP
 
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)
 
 
 
 
 
 
 
 
Initial Costs
 
Costs Capitalized
Subsequent to
Acquisition
 
Gross Value at Close of Period
 
 
 
 
 
 
Description
 
Segment
Type
 
City
 
2012
Encumbrance
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Total
Assets
 
Accumulated
Depreciation
 
Date of
Construction
 
Life on
Which
Depreciation
is
Calculated
Westshore Square
 
Office
 
Tampa
 
 
 
1,126

 
5,186

 
—

 
1,641

 
1,126

 
6,827

 
7,953

 
2,258

 
1976
 
5-40 yrs.
Independence Park - Land
 
Office
 
Tampa
 
 
 
4,943

 
—

 
—

 
—

 
4,943

 
—

 
4,943

 
—

 
N/A
 
N/A
Independence Park I
 
Office
 
Tampa
 
 
 
2,531

 
4,526

 
—

 
4,716

 
2,531

 
9,242

 
11,773

 
561

 
1983
 
5-40 yrs.
 
 
 
 
 
 

 
533,198

 
1,809,760

 
(41,202
)
 
1,494,708

 
491,996

 
3,304,468

 
3,796,464

 
947,567

 
 
 
 

2012 Encumbrance Notes

(1)
These assets are pledged as collateral for a $67,604,000 first mortgage loan.

(2)
These assets are pledged as collateral for a $116,977,000 first mortgage loan.

(3)
These assets are pledged as collateral for a $110,671,000 first mortgage loan.

(4)
These assets are pledged as collateral for a $120,924,000 first mortgage loan.
Description of Business and Significant Accounting Policies Significant Accounting Policies (Policies)
Use of Estimates 
Use of Estimates

The preparation of consolidated financial statements in accordance with GAAP requires us to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates.
Real Estate and Related Assets 
Real Estate and Related Assets

Real estate and related assets are recorded at cost and stated at cost less accumulated depreciation. Renovations, replacements and other expenditures that improve or extend the life of assets are capitalized and depreciated over their estimated useful lives. Expenditures for ordinary maintenance and repairs are charged to expense as incurred. Depreciation is computed using the straight-line method over the estimated useful life of 40 years for buildings and depreciable land infrastructure costs, 15 years for building improvements and five to seven years for furniture, fixtures and equipment. Tenant improvements are amortized using the straight-line method over initial fixed terms of the respective leases, which generally are from three to 10 years. Depreciation expense for real estate assets was $129.0 million, $120.8 million and $117.6 million for the years ended December 31, 2012, 2011 and 2010, respectively.

Expenditures directly related to the development and construction of real estate assets are included in net real estate assets and are stated at depreciated cost. Development expenditures include pre-construction costs essential to the development of properties, development and construction costs, interest costs on qualifying assets, real estate taxes, development personnel salaries and related costs and other costs incurred during the period of development. Interest and other carrying costs are capitalized until the building is ready for its intended use, but not later than one year from cessation of major construction activity. We consider a construction project as substantially completed and ready for its intended use upon the completion of tenant improvements. We cease capitalization on the portion that is substantially completed and occupied or held available for occupancy, and capitalize only those costs associated with the portion under construction.

Expenditures directly related to the leasing of properties are included in deferred financing and leasing costs and are stated at amortized cost. Such expenditures are part of the investment necessary to execute leases and, therefore, are classified as investment activities in the statement of cash flows. All leasing commissions paid to third parties for new leases or lease renewals are capitalized. Internal leasing costs include primarily compensation, benefits and other costs, such as legal fees related to leasing activities, that are incurred in connection with successfully securing leases of properties. Capitalized leasing costs are amortized on a straight-line basis over the initial fixed terms of the respective leases, which generally are from three to 10 years. Estimated costs related to unsuccessful activities are expensed as incurred.

We record liabilities for the performance of asset retirement activities when the obligation to perform such activities is probable even when uncertainty exists about the timing and/or method of settlement.

Upon the acquisition of real estate assets, we assess the fair value of acquired tangible assets such as land, buildings and tenant improvements, intangible assets and liabilities such as above and below market leases, acquired in-place leases, customer relationships and other identifiable intangible assets and assumed liabilities. We assess fair value based on estimated cash flow projections that utilize discount and/or capitalization rates as well as available market information. The fair value of the tangible assets of an acquired property considers the value of the property as if it were vacant. 

1.    Description of Business and Significant Accounting Policies – Continued

The above and below market rate portions of leases acquired in connection with property acquisitions are recorded in deferred financing and leasing costs and in accounts payable, accrued expenses and other liabilities, respectively, at fair value and amortized into rental revenue over the remaining term of the respective leases as described below. Fair value is calculated as the present value of the difference between (1) the contractual amounts to be paid pursuant to each in-place lease and (2) our estimate of fair market lease rates for each corresponding in-place lease, using a discount rate that reflects the risks associated with the leases acquired and measured over a period equal to the remaining initial term of the lease for above-market leases and the remaining initial term plus the term of any renewal option that the customer would be economically compelled to exercise for below-market leases.

In-place leases acquired are recorded at fair value in deferred financing and leasing costs and are amortized to depreciation and amortization expense over the remaining term of the respective lease. The value of in-place leases is based on our evaluation of the specific characteristics of each customer's lease. Factors considered include estimates of carrying costs during hypothetical expected lease-up periods, current market conditions, the customer's credit quality and costs to execute similar leases. In estimating carrying costs, we include real estate taxes, insurance and other operating expenses and estimates of lost rentals at market rates during the expected lease-up periods, depending on local market conditions. In estimating costs to execute similar leases, we consider tenant improvements, leasing commissions and legal and other related expenses.
 
Real estate and other assets are classified as long-lived assets held for use or as long-lived assets held for sale. Real estate is classified as held for sale when the sale of the asset has been duly approved by the Company, a legally enforceable contract has been executed and the buyer's due diligence period has expired.
Impairments of Real Estate Assets and Investments in Unconsolidated Affiliates 
Impairments of Real Estate Assets and Investments in Unconsolidated Affiliates

With respect to assets classified as held for use, we perform an impairment analysis if events or changes in circumstances indicate that the carrying value may be impaired, such as a significant decline in occupancy, identification of materially adverse legal or environmental factors, change in our designation of an asset from core to non-core which impacts the anticipated holding period or a decline in market value to an amount less than cost. This analysis is generally performed at the property level, except when an asset is part of an interdependent group such as an office park, and consists of determining whether the asset's carrying amount will be recovered from its undiscounted estimated future operating and residual cash flows. These cash flows are estimated based on a number of assumptions that are subject to economic and market uncertainties including, among others, demand for space, competition for customers, changes in market rental rates, costs to operate each property and expected ownership periods. For properties under development, the cash flows are based on expected service potential of the asset or asset group when development is substantially complete.
 
If the carrying amount of a held for use asset exceeds the sum of its undiscounted future operating and residual cash flows, an impairment loss is recorded for the difference between estimated fair value of the asset and the carrying amount. We generally estimate the fair value of assets held for use by using discounted cash flow analyses. In some instances, appraisal information may be available and is used in addition to a discounted cash flow analysis. As the factors used in generating these cash flows are difficult to predict and are subject to future events that may alter our assumptions, the discounted and/or undiscounted future operating and residual cash flows estimated by us in our impairment analyses or those established by appraisal may not be achieved and we may be required to recognize future impairment losses on our properties held for use.
 
We record assets held for sale, including for-sale residential condominiums, at the lower of the carrying amount or estimated fair value. Fair value of assets held for sale is equal to the estimated or contracted sales price with a potential buyer, less costs to sell. The impairment loss is the amount by which the carrying amount exceeds the estimated fair value.
 
We also analyze our investments in unconsolidated affiliates for impairment. This analysis consists of determining whether an expected loss in market value of an investment is other than temporary by evaluating the length of time and the extent to which the market value has been less than cost, the financial condition and near-term prospects of the investee, and our intent and ability to retain our investment for a period of time sufficient to allow for any anticipated recovery in market value. As the factors used in this analysis are difficult to predict and are subject to future events that may alter our assumptions, we may be required to recognize future impairment losses on our investments in unconsolidated affiliates.

Sales of Real Estate 
Sales of Real Estate
 
For sales transactions meeting the requirements for full profit recognition, the related assets and liabilities are removed from the balance sheet and the resultant gain or loss is recorded in the period the transaction closes. For sales transactions with continuing involvement after the sale, if the continuing involvement with the property is limited by the terms of the sales contract, profit is recognized at the time of sale and is reduced by the maximum exposure to loss related to the nature of the continuing involvement. Sales to entities in which we have or receive an interest are accounted for using partial sale accounting.
 
For transactions that do not meet the criteria for a sale, we evaluate the nature of the continuing involvement, including put and call provisions, if present, and account for the transaction as a financing arrangement, profit-sharing arrangement, leasing arrangement or other alternate method of accounting, rather than as a sale, based on the nature and extent of the continuing involvement. Some transactions may have numerous forms of continuing involvement. In those cases, we determine which method is most appropriate based on the substance of the transaction.
Rental and Other Revenues 
Rental and Other Revenues
 
Minimum contractual rents from leases are recognized on a straight-line basis over the terms of the respective leases. This means that, with respect to a particular lease, actual amounts billed in accordance with the lease during any given period may be higher or lower than the amount of rental revenue recognized for the period. Straight-line rental revenue is commenced when the customer assumes control of the leased premises. Accrued straight-line rents receivable represents the amount by which straight-line rental revenue exceeds rents currently billed in accordance with lease agreements. Contingent rental revenue, such as percentage rent, is accrued when the contingency is removed. Termination fee income is recognized at the later of when the customer has vacated the space or the lease has expired and a fully executed lease termination agreement has been delivered, the amount of the fee is determinable and collectability of the fee is reasonably assured. Rental revenue reductions related to co-tenancy lease provisions, if any, are accrued when events have occurred that trigger such provisions.

Cost recovery income is determined on a calendar year and a lease-by-lease basis. The most common types of cost recovery income in our leases are common area maintenance (“CAM”) and real estate taxes, for which the customer pays its pro-rata share of operating and administrative expenses and real estate taxes in excess of a base year amount. The computation of cost recovery income is complex and involves numerous judgments, including the interpretation of terms and other customer lease provisions. Leases are not uniform in dealing with such cost recovery income and there are many variations in the computation. Many customers make monthly fixed payments of CAM, real estate taxes and other cost reimbursement items. We accrue income related to these payments each month. We make quarterly accrual adjustments, positive or negative, to cost recovery income to adjust the recorded amounts to our best estimate of the final annual amounts to be billed and collected. After the end of the calendar year, we compute each customer's final cost recovery income and, after considering amounts paid by the customer during the year, issue a bill or credit for the appropriate amount to the customer. The differences between the amounts billed less previously received payments and the accrual adjustment are recorded as increases or decreases to cost recovery income when the final bills are prepared, which occurs during the first half of the subsequent year.
Allowance for Doubtful Accounts 
Allowance for Doubtful Accounts
 
Accounts receivable, accrued straight-line rents receivable and mortgages and notes receivable are reduced by an allowance for amounts that may become uncollectible in the future. We regularly evaluate the adequacy of our allowance for doubtful accounts. The evaluation primarily consists of reviewing past due account balances and considering such factors as the credit quality of our customer, historical trends of the customer and changes in customer payment terms. Additionally, with respect to customers in bankruptcy, we estimate the probable recovery through bankruptcy claims and adjust the allowance for amounts deemed uncollectible. If our assumptions regarding the collectability of receivables prove incorrect, we could experience losses in excess of our allowance for doubtful accounts. The allowance and its related receivable are written-off when we have concluded there is a low probability of collection and we have discontinued collection efforts.
Discontinued Operations 
Discontinued Operations
 
Properties that are sold or classified as held for sale are classified as discontinued operations provided that (1) the operations and cash flows of the property will be eliminated from our ongoing operations and (2) we will not have any significant continuing involvement in the operations of the property after it is sold. Interest expense is included in discontinued operations if the related loan securing the sold property is to be paid off or assumed by the buyer in connection with the sale. If the property is sold to a joint venture in which we retain an interest, the property will not be accounted for as a discontinued operation due to our significant ongoing interest in the operations through our joint venture interest. If we are retained to provide property management, leasing and/or other services for the property owner after the sale, the property generally will be accounted for as a discontinued operation because the expected cash flows related to our management and leasing activities generally will not be significant in comparison to the cash flows from the property prior to sale.
Lease Incentives 
Lease Incentives
 
Lease incentive costs, which are payments made to or on behalf of a customer as an incentive to sign the lease, are capitalized in deferred financing and leasing costs and amortized on a straight-line basis over the respective lease terms as a reduction of rental revenues.
For Sale Residential Condominiums 
For-Sale Residential Condominiums
 
For-sale residential condominiums include completed, but unsold, condominium inventory. We initially record receipts of earnest money deposits in accounts payable, accrued expenses and other liabilities in accordance with the deposit method. We then record completed sales when units close and the remaining net cash is received. All for-sale residential condominiums were sold as of December 31, 2012.
Investments in Unconsolidated Affiliates 
Investments in Unconsolidated Affiliates
 
We account for our investments in less than majority owned joint ventures, partnerships and limited liability companies using the equity method of accounting when our interests represent a general partnership interest but substantive participating rights or substantive kick out rights have been granted to the limited partners or when our interests do not represent a general partnership interest and we do not control the major operating and financial policies of the entity. These investments are initially recorded at cost in investments in unconsolidated affiliates and are subsequently adjusted for our share of earnings and cash contributions and distributions. To the extent our cost basis at formation of the joint venture is different than the basis reflected at the joint venture level, the basis difference is amortized over the life of the related assets and included in our share of equity in earnings of unconsolidated affiliates.
Cash and Cash Equivalent 
Cash Equivalents
 
We consider highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents.
Restricted Cash 
Restricted Cash
 
Restricted cash represents cash deposits that are legally restricted or held by third parties on our behalf, such as construction-related escrows, property disposition proceeds set aside and designated or intended to fund future tax-deferred exchanges of qualifying real estate investments, escrows and reserves for debt service, real estate taxes and property insurance established pursuant to certain mortgage financing arrangements and any deposits made with lenders to unencumber secured properties.
Income Tax 
Income Taxes
 
We have elected and expect to continue to qualify as a REIT under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the “Code”). A corporate REIT is a legal entity that holds real estate assets and, through the payment of dividends to stockholders, is generally permitted to reduce or avoid the payment of federal and state income taxes at the corporate level. To maintain qualification as a REIT, we are required to pay dividends to our stockholders equal to at least 90.0% of our annual REIT taxable income, excluding net capital gains.

1.    Description of Business and Significant Accounting Policies – Continued
We conduct certain business activities through a taxable REIT subsidiary, as permitted under the Code. The taxable REIT subsidiary is subject to federal, state and local income taxes on its taxable income. We record provisions for income taxes based on its income recognized for financial statement purposes, including the effects of temporary differences between such income and the amount recognized for tax purposes.
Concentration of Credit Risk 
Concentration of Credit Risk
 
At December 31, 2012, our Wholly Owned Properties were leased to 1,711 customers. The geographic locations that comprise greater than 10.0% of our rental and other revenues are Raleigh, NC, Atlanta, GA, Tampa, FL, Nashville, TN and Kansas City, MO. Our customers engage in a wide variety of businesses. No single customer of the Wholly Owned Properties generated more than 10.0% of our consolidated revenues during 2012.

We maintain our cash and cash equivalents and our restricted cash at financial or other intermediary institutions. The combined account balances at each institution may exceed FDIC insurance coverage and, as a result, there is a concentration of credit risk related to amounts on deposit in excess of FDIC insurance coverage. Additionally, from time to time in connection with tax-deferred 1031 transactions, our restricted cash balances may be commingled with other funds being held by any such intermediary institution which subjects our balance to the credit risk of the institution.
Derivative Financial Instruments 
Derivative Financial Instruments
 
We borrow funds at a combination of fixed and variable rates. Borrowings under our revolving credit facility and bank term loans bear interest at variable rates. Our long-term debt, which consists of secured and unsecured long-term financings and the issuance of unsecured debt securities, typically bears interest at fixed rates although some loans bear interest at variable rates. Our interest rate risk management objectives are to limit the impact of interest rate changes on earnings and cash flows and to lower our overall borrowing costs. To achieve these objectives, from time to time, we enter into interest rate hedge contracts such as collars, swaps, caps and treasury lock agreements in order to mitigate our interest rate risk with respect to various debt instruments. We do not hold or issue these derivative contracts for trading or speculative purposes. The interest rate on all of our variable rate debt is generally adjusted at one or three month intervals, subject to settlements under these interest rate hedge contracts. We also enter into treasury lock and similar agreements from time to time in order to limit our exposure to an increase in interest rates with respect to future debt offerings.
 
Interest rate swaps involve the receipt of variable-rate amounts from a counterparty in exchange for making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in accumulated other comprehensive loss ("AOCL") and is subsequently reclassified into interest expense in the period that the hedged forecasted transaction affects earnings. Interest rate hedge contracts typically contain a provision whereby if we default on any of our indebtedness, we could also be declared in default on our hedge contracts.

We account for terminated derivative instruments by recognizing the related accumulated comprehensive income/loss balance in current earnings, unless the hedged forecasted transaction continues as originally planned, in which case we continue to amortize the accumulated comprehensive income/loss into earnings over the originally designated hedge period.
Earnings Per Share 
Earnings Per Share
 
Basic earnings per share is computed by dividing net income available for common stockholders by the weighted Common Shares outstanding - basic. Diluted earnings per share is computed by dividing net income available to common stockholders plus noncontrolling interests in the Operating Partnership by the weighted Common Shares outstanding - basic plus the dilutive effect of options, warrants and convertible securities outstanding, including Common Units, using the treasury stock method. Weighted Common Shares outstanding - basic includes all unvested restricted stock since dividends received on such restricted stock are non-forfeitable.

Real Estate Assets Real Estate Assets (Tables)
Schedule of Purchase Price Allocation 
The following table sets forth a summary of the assets acquired and liabilities assumed in the acquisition of the 492,000 square foot office building in Atlanta, GA discussed in the preceding paragraph:
 
 
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

Business Acquisition, Pro Forma Information 
he 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 the 492,000 square foot office building in Atlanta, GA discussed in the preceding paragraphs had been acquired on January 1, 2011:
 
 
Year Ended December 31,
 
2012
 
2011
 
(unaudited)
Pro forma rental and other revenues
$
530,613

 
$
479,908

Pro forma net income
$
84,135

 
$
44,817

Pro forma earnings per share - basic
$
1.02

 
$
0.49

Pro forma earnings per share - diluted
$
1.01

 
$
0.49

Schedule of Purchase Price Allocation 
The following table sets forth a summary of the acquisition purchase price consideration for each major class of assets acquired and liabilities assumed in the acquisitions discussed above:
 
 
Total
Purchase Price Allocation
Real estate assets
$
241,602

Acquisition-related intangible assets (in deferred financing and leasing costs)
39,721

Furniture, fixtures and equipment (in prepaid expenses and other assets)
1,101

Acquisition-related below market lease liabilities (in accounts payable, accrued expenses and other liabilities)
(15,627
)
Total allocation
$
266,797

Business Acquisition, Pro Forma Information 
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 the 1.54 million square foot office complex in Pittsburgh, PA and the 503,000 square foot office building in Atlanta, GA discussed in the preceding paragraph had been acquired on January 1, 2010:
 
 
Year Ended December 31,
 
2011
 
2010
 
(unaudited)
Pro forma rental and other revenues
$
505,072

 
$
491,573

Pro forma net income
$
45,674

 
$
65,409

Pro forma earnings per share - basic
$
0.50

 
$
0.77

Pro forma earnings per share - diluted
$
0.50

 
$
0.77

Schedule of Purchase Price Allocation 
The following table sets forth a summary of the assets acquired and liabilities assumed in the acquisition of the 492,000 square foot office building in Atlanta, GA discussed in the preceding paragraph:
 
 
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

Business Acquisition, Pro Forma Information 
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 the 492,000 square foot office building in Atlanta, GA discussed in the preceding paragraphs had been acquired on January 1, 2011:
 
 
Year Ended December 31,
 
2012
 
2011
 
(unaudited)
Pro forma rental and other revenues
$
530,613

 
$
479,908

Pro forma net income
$
84,195

 
$
44,878

Pro forma earnings per share - basic
$
1.02

 
$
0.50

Pro forma earnings per share - diluted
$
1.02

 
$
0.50

Schedule of Purchase Price Allocation 
The following table sets forth a summary of the acquisition purchase price consideration for each major class of assets acquired and liabilities assumed in the acquisitions discussed above:
 
 
Total
Purchase Price Allocation
Real estate assets
$
241,602

Acquisition-related intangible assets (in deferred financing and leasing costs)
39,721

Furniture, fixtures and equipment (in prepaid expenses and other assets)
1,101

Acquisition-related below market lease liabilities (in accounts payable, accrued expenses and other liabilities)
(15,627
)
Total allocation
$
266,797

Business Acquisition, Pro Forma Information 
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 the 1.54 million square foot office complex in Pittsburgh, PA and the 503,000 square foot office building in Atlanta, GA discussed in the preceding paragraph had been acquired on January 1, 2010:
 
 
Year Ended December 31,
 
2011
 
2010
 
(unaudited)
Pro forma rental and other revenues
$
505,072

 
$
491,573

Pro forma net income
$
38,470

 
$
58,216

Pro forma earnings per share - basic
$
0.51

 
$
0.78

Pro forma earnings per share - diluted
$
0.51

 
$
0.77

Mortgages and Notes Receivable (Tables)
Schedule of Mortgages and Notes Receivable 
The following table sets forth our mortgages and notes receivable:

 
December 31,
 
2012
 
2011
Seller financing (first mortgages)
$
15,853

 
$
17,180

Less allowance
—

 
—

 
15,853

 
17,180

Mortgage receivable
8,648

 
—

Less allowance
—

 
—

 
8,648

 
—

Promissory notes
1,153

 
1,481

Less allowance
(182
)
 
(61
)
 
971

 
1,420

Mortgages and notes receivable, net
$
25,472

 
$
18,600

Schedule of Notes Receivable Allowance 
The following table sets forth our notes receivable allowance, which relates only to promissory notes:

 
December 31,
 
2012
 
2011
Beginning notes receivable allowance
$
61

 
$
868

Bad debt expense
186

 
196

Recoveries/write-offs/other
(65
)
 
(1,003
)
Total notes receivable allowance
$
182

 
$
61


Schedule of Mortgages and Notes Receivable 
The following table sets forth our mortgages and notes receivable:

 
December 31,
 
2012
 
2011
Seller financing (first mortgages)
$
15,853

 
$
17,180

Less allowance
—

 
—

 
15,853

 
17,180

Mortgage receivable
8,648

 
—

Less allowance
—

 
—

 
8,648

 
—

Promissory notes
1,153

 
1,481

Less allowance
(182
)
 
(61
)
 
971

 
1,420

Mortgages and notes receivable, net
$
25,472

 
$
18,600

Schedule of Notes Receivable Allowance 
The following table sets forth our notes receivable allowance, which relates only to promissory notes:

 
December 31,
 
2012
 
2011
Beginning notes receivable allowance
$
61

 
$
868

Bad debt expense
186

 
196

Recoveries/write-offs/other
(65
)
 
(1,003
)
Total notes receivable allowance
$
182

 
$
61

Investments In and Advances To Affiliates (Tables)
Schedule of Equity Method Investments 
The following table sets forth our ownership in unconsolidated affiliates at December 31, 2012:

Joint Venture
 
Location of Properties
 
Ownership
Interest
Concourse Center Associates, LLC
 
Greensboro, NC
 
50.0%
Plaza Colonnade, LLC
 
Kansas City, MO
 
50.0%
Lofts at Weston, LLC
 
Raleigh, NC
 
50.0%
Board of Trade Investment Company
 
Kansas City, MO
 
49.0%
Highwoods DLF 97/26 DLF 99/32, LP
 
Atlanta, GA; Greensboro, NC; Orlando, FL
 
42.9%
Highwoods KC Glenridge Office, LLC
 
Atlanta, GA
 
40.0%
Highwoods KC Glenridge Land, LLC
 
Atlanta, GA
 
39.9%
HIW-KC Orlando, LLC
 
Orlando, FL
 
40.0%
Kessinger/Hunter, LLC
 
Kansas City, MO
 
26.5%
Highwoods DLF Forum, LLC
 
Raleigh, NC
 
25.0%
Highwoods DLF 98/29, LLC
 
Atlanta, GA; Charlotte, NC; Greensboro, NC; Raleigh, NC; Orlando, FL
 
22.8%
4600 Madison Associates, LP
 
Kansas City, MO
 
12.5%
Schedule of Equity Method Investments Summarized Balance Sheet Information 
The following table sets forth combined summarized financial information for our unconsolidated affiliates:

 
December 31,
 
2012
 
2011
Balance Sheets:
 
 
 
Assets:
 
 
 
Real estate assets, net
$
491,180

 
$
536,088

All other assets, net
113,734

 
96,944

Total Assets
$
604,914

 
$
633,032

Liabilities and Partners’ or Shareholders’ Equity:
 
 
 
Mortgages and notes payable (1)
$
370,393

 
$
406,875

All other liabilities
24,507

 
21,808

Partners’ or shareholders’ equity
210,014

 
204,349

Total Liabilities and Partners’ or Shareholders’ Equity
$
604,914

 
$
633,032

Our share of historical partners’ or shareholders’ equity
$
63,847

 
$
59,584

Advances to unconsolidated affiliate
—

 
38,323

Net excess of cost of investments over the net book value of underlying net assets (2)
2,953

 
2,460

Carrying value of investments in and advances to unconsolidated affiliates
$
66,800

 
$
100,367

Our share of unconsolidated non-recourse mortgage debt (1)
$
137,261

 
$
146,926

__________

4.    Investments in and Advances to Affiliates – Continued

(1)
Our share of scheduled future principal payments, including amortization, due on mortgages and notes payable at December 31, 2012 is as follows:
2013
$
23,458

2014
57,163

2015
21,821

2016
1,054

2017
26,452

Thereafter
7,313

 
$
137,261



All of this joint venture debt is non-recourse to us except in the case of customary exceptions pertaining to such matters as misuse of funds, environmental conditions and material misrepresentations.
(2)
This amount represents the aggregate difference between our historical cost basis and the basis reflected at the joint venture level, which is typically depreciated over the life of the related asset.
Schedule of Entitys Share Of Equity Method Investments Future Debt Maturities 
Our share of scheduled future principal payments, including amortization, due on mortgages and notes payable at December 31, 2012 is as follows:
2013
$
23,458

2014
57,163

2015
21,821

2016
1,054

2017
26,452

Thereafter
7,313

 
$
137,261

Schedule of Equity Method Investments Summarized Income Statement Information 

 
Year Ended December 31,
 
2012
 
2011
 
2010
Income Statements:
 
 
 
 
 
Rental and other revenues
$
101,233

 
$
100,958

 
$
119,868

Expenses:
 
 
 
 
 
Rental property and other expenses
47,762

 
44,584

 
56,868

Depreciation and amortization
25,253

 
26,430

 
31,401

Impairments of real estate assets
7,180

 
—

 
—

Interest expense
20,953

 
23,762

 
27,956

Total expenses
101,148

 
94,776

 
116,225

Income before disposition of properties
85

 
6,182

 
3,643

Gains on disposition of properties
11,184

 
—

 
—

Net income
$
11,269

 
$
6,182

 
$
3,643

Our share of:
 
 
 
 
 
Depreciation and amortization
$
7,736

 
$
8,388

 
$
10,471

Impairments of real estate assets
$
1,002

 
$
—

 
$
—

Interest expense
$
7,368

 
$
8,163

 
$
10,545

Gains on disposition of properties
$
1,120

 
$
—

 
$
—

Net income
$
3,304

 
$
2,429

 
$
1,466

 
 
 
 
 
 
Our share of net income
$
3,304

 
$
2,429

 
$
1,466

Adjustment for management and other fees
1,731

 
2,449

 
2,355

Equity in earnings of unconsolidated affiliates
$
5,035

 
$
4,878

 
$
3,821

Schedule of Equity Method Investments 
The following table sets forth our ownership in unconsolidated affiliates at December 31, 2012:

Joint Venture
 
Location of Properties
 
Ownership
Interest
Concourse Center Associates, LLC
 
Greensboro, NC
 
50.0%
Plaza Colonnade, LLC
 
Kansas City, MO
 
50.0%
Lofts at Weston, LLC
 
Raleigh, NC
 
50.0%
Board of Trade Investment Company
 
Kansas City, MO
 
49.0%
Highwoods DLF 97/26 DLF 99/32, LP
 
Atlanta, GA; Greensboro, NC; Orlando, FL
 
42.9%
Highwoods KC Glenridge Office, LLC
 
Atlanta, GA
 
40.0%
Highwoods KC Glenridge Land, LLC
 
Atlanta, GA
 
39.9%
HIW-KC Orlando, LLC
 
Orlando, FL
 
40.0%
Kessinger/Hunter, LLC
 
Kansas City, MO
 
26.5%
Highwoods DLF Forum, LLC
 
Raleigh, NC
 
25.0%
Highwoods DLF 98/29, LLC
 
Atlanta, GA; Charlotte, NC; Greensboro, NC; Raleigh, NC; Orlando, FL
 
22.8%
Schedule of Equity Method Investments Summarized Balance Sheet Information 
The following table sets forth combined summarized financial information for our unconsolidated affiliates:

 
December 31,
 
2012
 
2011
Balance Sheets:
 
 
 
Assets:
 
 
 
Real estate assets, net
$
480,245

 
$
523,992

All other assets, net
112,295

 
95,504

Total Assets
$
592,540

 
$
619,496

Liabilities and Partners’ or Shareholders’ Equity:
 
 
 
Mortgages and notes payable (1)
$
360,944

 
$
396,977

All other liabilities
23,983

 
21,121

Partners’ or shareholders’ equity
207,613

 
201,398

Total Liabilities and Partners’ or Shareholders’ Equity
$
592,540

 
$
619,496

Our share of historical partners’ or shareholders’ equity
$
63,546

 
$
59,215

Advances to unconsolidated affiliate
—

 
38,323

Net excess of cost of investments over the net book value of underlying net assets (2)
$
2,267

 
$
1,758

Carrying value of investments in and advances to unconsolidated affiliates
$
65,813

 
$
99,296

Our share of unconsolidated non-recourse mortgage debt (1)
$
136,080

 
$
145,689

__________

4.    Investments in and Advances to Affiliates – Continued
(1)
Our share of scheduled future principal payments, including amortization, due on mortgages and notes payable at December 31, 2012 is as follows:
2013
$
23,427

2014
57,130

2015
21,786

2016
1,017

2017
26,412

Thereafter
6,308

 
$
136,080



All of this joint venture debt is non-recourse to us except in the case of customary exceptions pertaining to such matters as misuse of funds, environmental conditions and material misrepresentations.
(2)
This amount represents the aggregate difference between our historical cost basis and the basis reflected at the joint venture level, which is typically depreciated over the life of the related asset.

Schedule of Entitys Share Of Equity Method Investments Future Debt Maturities 
Our share of scheduled future principal payments, including amortization, due on mortgages and notes payable at December 31, 2012 is as follows:
2013
$
23,427

2014
57,130

2015
21,786

2016
1,017

2017
26,412

Thereafter
6,308

 
$
136,080

Schedule of Equity Method Investments Summarized Income Statement Information 

 
Year Ended December 31,
 
2012
 
2011
 
2010
Income Statements:
 
 
 
 
 
Rental and other revenues
$
97,225

 
$
96,771

 
$
115,826

Expenses:
 
 
 
 
 
Rental property and other expenses
45,391

 
42,052

 
54,695

Depreciation and amortization
24,007

 
25,184

 
29,945

Impairments of real estate assets
7,180

 
—

 
—

Interest expense
20,296

 
23,062

 
27,187

Total expenses
96,874

 
90,298

 
111,827

Income before disposition of properties
351

 
6,473

 
3,999

Gains on disposition of properties
11,184

 
—

 
—

Net income
$
11,535

 
$
6,473

 
$
3,999

Our share of:
 
 
 
 
 
Depreciation and amortization
$
7,580

 
$
8,232

 
$
10,318

Impairments of real estate assets
$
12,924

 
$
—

 
$
—

Interest expense
$
7,286

 
$
8,075

 
$
10,449

Gains on disposition of properties
$
1,120

 
$
—

 
$
—

Net income
$
3,337

 
$
2,585

 
$
1,483

 
 
 
 
 
 
Our share of net income
$
3,337

 
$
2,585

 
$
1,483

Adjustment for management and other fees
1,758

 
2,354

 
2,311

Equity in earnings of unconsolidated affiliates
$
5,095

 
$
4,939

 
$
3,794


Intangible Assets and Below Market Lease Liabilities (Tables)
Total 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:

 
December 31,
 
2012
 
2011
Assets:
 
 
 
Deferred financing costs
$
21,759

 
$
18,044

Less accumulated amortization
(7,862
)
 
(5,797
)
 
13,897

 
12,247

Deferred leasing costs (including lease incentives and acquisition-related intangible assets)
225,647

 
172,049

Less accumulated amortization
(69,521
)
 
(56,522
)
 
156,126

 
115,527

Deferred financing and leasing costs, net
$
170,023

 
$
127,774

 
 
 
 
Liabilities (in accounts payable, accrued expenses and other liabilities):
 
 
 
Acquisition-related below market lease liabilities
$
37,019

 
$
16,441

Less accumulated amortization
(3,383
)
 
(971
)
 
$
33,636

 
$
15,470


Amortization of Intangible Assets and Below Market Lease Liabilities 
The following table sets forth amortization of intangible assets and acquisition-related below market lease liabilities:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Amortization of deferred financing costs
$
3,685

 
$
3,312

 
$
3,385

Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization)
$
27,731

 
$
20,980

 
$
17,383

Amortization of lease incentives (in rental and other revenues)
$
1,439

 
$
1,371

 
$
1,239

Amortization of acquisition-related intangible assets (in rental and other revenues)
$
1,357

 
$
915

 
$
531

Amortization of acquisition-related intangible assets (in rental property and other expenses)
$
186

 
$
—

 
$
—

Amortization of acquisition-related below market lease liabilities (in rental and other revenues)
$
(2,627
)
 
$
(840
)
 
$
(96
)

Scheduled Future Amortization of Intangible Assets and Below Market Lease Liabilities 
The following table sets forth scheduled future amortization of intangible assets and acquisition-related below market lease liabilities:

Years Ending December 31,
 
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 Intangible Assets (in Rental Property and Other Expenses)
 
Amortization
of Acquisition-Related Below Market Lease Liabilities (in Rental and Other Revenues)
2013
 
$
3,521

 
$
29,636

 
$
1,314

 
$
1,277

 
$
553

 
$
(4,149
)
2014
 
3,224

 
25,200

 
1,163

 
989

 
553

 
(4,067
)
2015
 
2,594

 
20,391

 
928

 
754

 
553

 
(3,801
)
2016
 
1,519

 
16,877

 
734

 
659

 
553

 
(3,499
)
2017
 
1,225

 
14,141

 
654

 
587

 
553

 
(3,256
)
Thereafter
 
1,814

 
33,569

 
2,065

 
780

 
1,643

 
(14,864
)
 
 
$
13,897

 
$
139,814

 
$
6,858

 
$
5,046

 
$
4,408

 
$
(33,636
)
Weighted average remaining amortization periods as of December 31, 2012 (in years)
 
4.6

 
6.9

 
7.7

 
5.6

 
8.0

 
9.9

Total Intangible Assets and Below Market Lease Liabilities from Acquisition Activity 
The following table sets forth the intangible assets acquired and below market lease liabilities assumed as a result of 2012 acquisition activity:

 
 
Acquisition-Related Intangible Assets (amortized in Rental and Other Revenues)
 
Acquisition-Related Intangible Assets (amortized in Depreciation and Amortization)
 
Acquisition-Related Intangible Assets (amortized in Rental Property and Other Expenses)
 
Acquisition-Related Below Market Lease Liabilities (amortized in Rental and Other Revenues)
Amount recorded from acquisition activity
 
$
2,636

 
$
37,247

 
$
4,593

 
$
(20,934
)
Weighted average remaining amortization periods (in years)
 
5.3

 
8.7

 
8.0

 
10.6

Total 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:

 
December 31,
 
2012
 
2011
Assets:
 
 
 
Deferred financing costs
$
21,759

 
$
18,044

Less accumulated amortization
(7,862
)
 
(5,797
)
 
13,897

 
12,247

Deferred leasing costs (including lease incentives and acquisition-related intangible assets)
225,647

 
172,049

Less accumulated amortization
(69,521
)
 
(56,522
)
 
156,126

 
115,527

Deferred financing and leasing costs, net
$
170,023

 
$
127,774

 
 
 
 
Liabilities (in accounts payable, accrued expenses and other liabilities):
 
 
 
Acquisition-related below market lease liabilities
$
37,019

 
$
16,441

Less accumulated amortization
(3,383
)
 
(971
)
 
$
33,636

 
$
15,470

Amortization of Intangible Assets and Below Market Lease Liabilities 
The following table sets forth amortization of intangible assets and acquisition-related below market lease liabilities:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Amortization of deferred financing costs
$
3,685

 
$
3,312

 
$
3,385

Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization)
$
27,731

 
$
20,980

 
$
17,383

Amortization of lease incentives (in rental and other revenues)
$
1,439

 
$
1,371

 
$
1,239

Amortization of acquisition-related intangible assets (in rental and other revenues)
$
1,357

 
$
915

 
$
531

Amortization of acquisition-related intangible assets (in rental property and other expenses)
$
186

 
$
—

 
$
—

Amortization of acquisition-related below market lease liabilities (in rental and other revenues)
$
(2,627
)
 
$
(840
)
 
$
(96
)
Scheduled Future Amortization of Intangible Assets and Below Market Lease Liabilities 
The following table sets forth scheduled future amortization of intangible assets and acquisition-related below market lease liabilities:

Years Ending December 31,
 
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 Intangible Assets (in Rental Property and Other Expenses)
 
Amortization
of Acquisition-Related Below Market Lease Liabilities (in Rental and Other Revenues)
2013
 
$
3,521

 
$
29,636

 
$
1,314

 
$
1,277

 
$
553

 
$
(4,149
)
2014
 
3,224

 
25,200

 
1,163

 
989

 
553

 
(4,067
)
2015
 
2,594

 
20,391

 
928

 
754

 
553

 
(3,801
)
2016
 
1,519

 
16,877

 
734

 
659

 
553

 
(3,499
)
2017
 
1,225

 
14,141

 
654

 
587

 
553

 
(3,256
)
Thereafter
 
1,814

 
33,569

 
2,065

 
780

 
1,643

 
(14,864
)
 
 
$
13,897

 
$
139,814

 
$
6,858

 
$
5,046

 
$
4,408

 
$
(33,636
)
Weighted average remaining amortization periods as of December 31, 2012 (in years)
 
4.6

 
6.9

 
7.7

 
5.6

 
8.0

 
9.9

Total Intangible Assets and Below Market Lease Liabilities from Acquisition Activity 
The following table sets forth the intangible assets acquired and below market lease liabilities assumed as a result of 2012 acquisition activity:

 
 
Acquisition-Related Intangible Assets (amortized in Rental and Other Revenues)
 
Acquisition-Related Intangible Assets (amortized in Depreciation and Amortization)
 
Acquisition-Related Intangible Assets (amortized in Rental Property and Other Expenses)
 
Acquisition-Related Below Market Lease Liabilities (amortized in Rental and Other Revenues)
Amount recorded from acquisition activity
 
$
2,636

 
$
37,247

 
$
4,593

 
$
(20,934
)
Weighted average remaining amortization periods (in years)
 
5.3

 
8.7

 
8.0

 
10.6

Mortgages and Notes Payable (Tables)
Schedule of Consolidated Mortgages and Notes Payable 
Our mortgages and notes payable consist of the following:
 
 
December 31,
 
2012
 
2011
Secured indebtedness: (1)
 
 
 
5.45% (5.12% effective rate) mortgage loan due 2014 (2)
67,604

 
67,809

5.18% (4.22% effective rate) mortgage loan due 2017 (3)
120,924

 
123,613

6.03% mortgage loan due 2013
—

 
125,264

5.68% mortgage loan due 2013
107,289

 
110,343

5.17% (6.43% effective rate) mortgage loan due 2015 (4)
39,805

 
40,015

6.88% mortgage loans due 2016
110,671

 
112,075

7.50% mortgage loan due 2016
45,662

 
46,181

5.74% to 9.00% mortgage loans due between 2012 and 2016 (5) (6) (7)
57,652

 
72,640

Variable rate construction loan due 2012
—

 
17,802

 
549,607

 
715,742

Unsecured indebtedness:
 
 
 
5.85% (5.88% effective rate) notes due 2017 (8)
379,194

 
391,164

7.50% notes due 2018
200,000

 
200,000

3.625% (3.752% effective rate) notes due 2023 (9)
247,361

 
—

Variable rate term loan due 2016 (10)
35,000

 
200,000

Variable rate term loan due 2018 (11)
200,000

 
—

Variable rate term loan due 2019 (12)
225,000

 
—

Revolving credit facility due 2015 (13)
23,000

 
362,000

 
1,309,555

 
1,153,164

Total
$
1,859,162

 
$
1,868,906

__________
(1)
The secured mortgage loans payable are collateralized by real estate assets with an aggregate undepreciated book value of $966.9 million at December 31, 2012. Our fixed rate mortgage loans generally are either locked out to prepayment for all or a portion of their term or are prepayable subject to certain conditions including prepayment penalties.
(2)
Includes unamortized fair market premium of $0.2 million as of December 31, 2012.
(3)
Includes unamortized fair market premium of $4.6 million as of December 31, 2012.
(4)
Net of unamortized fair market value discount of $1.2 million as of December 31, 2012.
(5)
Includes mortgage debt related to Harborview, a consolidated 20.0% owned joint venture, of $21.0 million at December 31, 2011. See Note 8.
(6)
Includes mortgage debt related to Markel, a consolidated 50.0% owned joint venture, of $33.1 million and $34.0 million at December 31, 2012 and 2011, respectively. See Note 10.
(7)
Net of unamortized fair market value premium of $0.5 million and $0.3 million at December 31, 2012 and 2011, respectively.
(8)
Net of unamortized original issuance discount of $0.5 million and $0.6 million at December 31, 2012 and 2011, respectively.
(9)
Net of unamortized original issuance discount of $2.6 million at December 31, 2012.
(10)
The interest rate is 2.42% at December 31, 2012.
(11)
The interest rate is 1.87% at December 31, 2012.


6.    Mortgages and Notes Payable - Continued
 
(12)
As more fully described in Note 7, we entered into floating-to-fixed interest rate swaps that effectively fix LIBOR for the full amount and duration of this loan. Accordingly, the equivalent fixed rate of this loan is 3.58%.
(13)
The interest rate is 1.71% at December 31, 2012.
Schedule of Long-term Debt Instruments 
The following table sets forth scheduled future principal payments, including amortization, due on our mortgages and notes payable at December 31, 2012:

Years Ending December 31,
 
Principal Amount
2013
 
$
123,537

2014
 
112,283

2015
 
67,733

2016
 
193,217

2017
 
488,617

Thereafter
 
873,775

 
 
$
1,859,162

Schedule of Consolidated Mortgages and Notes Payable 
Our mortgages and notes payable consist of the following:
 
 
December 31,
 
2012
 
2011
Secured indebtedness: (1)
 
 
 
5.45% (5.12% effective rate) mortgage loan due 2014 (2)
67,604

 
67,809

5.18% (4.22% effective rate) mortgage loan due 2017 (3)
120,924

 
123,613

6.03% mortgage loan due 2013
—

 
125,264

5.68% mortgage loan due 2013
107,289

 
110,343

5.17% (6.43% effective rate) mortgage loan due 2015 (4)
39,805

 
40,015

6.88% mortgage loans due 2016
110,671

 
112,075

7.50% mortgage loan due 2016
45,662

 
46,181

5.74% to 9.00% mortgage loans due between 2012 and 2016 (5) (6) (7)
57,652

 
72,640

Variable rate construction loan due 2012
—

 
17,802

 
549,607

 
715,742

Unsecured indebtedness:
 
 
 
5.85% (5.88% effective rate) notes due 2017 (8)
379,194

 
391,164

7.50% notes due 2018
200,000

 
200,000

3.625% (3.752% effective rate) notes due 2023 (9)
247,361

 
—

Variable rate term loan due 2016 (10)
35,000

 
200,000

Variable rate term loan due 2018 (11)
200,000

 
—

Variable rate term loan due 2019 (12)
225,000

 
—

Revolving credit facility due 2015 (13)
23,000

 
362,000

 
1,309,555

 
1,153,164

Total
$
1,859,162

 
$
1,868,906

__________
(1)
The secured mortgage loans payable are collateralized by real estate assets with an aggregate undepreciated book value of $966.9 million at December 31, 2012. Our fixed rate mortgage loans generally are either locked out to prepayment for all or a portion of their term or are prepayable subject to certain conditions including prepayment penalties.
(2)
Includes unamortized fair market premium of $0.2 million as of December 31, 2012.
(3)
Includes unamortized fair market premium of $4.6 million as of December 31, 2012.
(4)
Net of unamortized fair market value discount of $1.2 million as of December 31, 2012.
(5)
Includes mortgage debt related to Harborview, a consolidated 20.0% owned joint venture, of $21.0 million at December 31, 2011. See Note 8.
(6)
Includes mortgage debt related to Markel, a consolidated 50.0% owned joint venture, of $33.1 million and $34.0 million at December 31, 2012 and 2011, respectively. See Note 10.
(7)
Net of unamortized fair market value premium of $0.5 million and $0.3 million at December 31, 2012 and 2011, respectively.
(8)
Net of unamortized original issuance discount of $0.5 million and $0.6 million at December 31, 2012 and 2011, respectively.
(9)
Net of unamortized original issuance discount of $2.6 million at December 31, 2012.
(10)
The interest rate is 2.42% at December 31, 2012.
(11)
The interest rate is 1.87% at December 31, 2012.


6.    Mortgages and Notes Payable - Continued
 
(12)
As more fully described in Note 7, we entered into floating-to-fixed interest rate swaps that effectively fix LIBOR for the full amount and duration of this loan. Accordingly, the equivalent fixed rate of this loan is 3.58%.
(13)
The interest rate is 1.71% at December 31, 2012.
Schedule of Long-term Debt Instruments 
The following table sets forth scheduled future principal payments, including amortization, due on our mortgages and notes payable at December 31, 2012:

Years Ending December 31,
 
Principal Amount
2013
 
$
123,537

2014
 
112,283

2015
 
67,733

2016
 
193,217

2017
 
488,617

Thereafter
 
873,775

 
 
$
1,859,162

Derivative Financial Instruments (Tables)
Schedule of Financing Arrangements 
Our financing obligations consist of the following:

 
December 31,
 
2012
 
2011
Harborview financing obligation
$
17,571

 
$
17,086

Tax increment financing bond
11,787

 
13,064

Total
$
29,358

 
$
30,150


Schedule of Derivative Instruments, Fair Value 

The following table sets forth the fair value of our derivative instruments:

 
Fair Value as of December 31,
 
2012
 
2011
Liability Derivatives:
 
 
 
Derivatives designated as cash flow hedges in accounts payable, accrued expenses and other liabilities:
 
 
 
Interest rate swaps
$
9,369

 
$
2,202

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance 

The following table sets forth the effect of our cash flow hedges on AOCL and interest expense:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Derivatives Designated as Cash Flow Hedges:
 
 
 
 
 
Amount of unrealized losses recognized in AOCL on derivatives (effective portion):
 
 
 
 
 
Interest rate swaps
$
(10,358
)
 
$
(2,202
)
 
$
—

Amount of (gains)/losses reclassified out of AOCL into contractual interest expense (effective portion):
 
 
 
 
 
Interest rate swaps
$
3,053

 
$
(118
)
 
$
237

Schedule of Financing Arrangements 
Our financing obligations consist of the following:
 
 
December 31,
 
2012
 
2011
Harborview financing obligation
$
17,571

 
$
17,086

Tax increment financing bond
11,787

 
13,064

Total
$
29,358

 
$
30,150

Schedule of Derivative Instruments, Fair Value 
The following table sets forth the fair value of our derivative instruments:
 
 
Fair Value as of December 31,
 
2012
 
2011
Liability Derivatives:
 
 
 
Derivatives designated as cash flow hedges in accounts payable, accrued expenses and other liabilities:
 
 
 
Interest rate swaps
$
9,369

 
$
2,202

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance 
The following table sets forth the effect of our cash flow hedges on AOCL and interest expense:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Derivatives Designated as Cash Flow Hedges:
 
 
 
 
 
Amount of unrealized losses recognized in AOCL on derivatives (effective portion):
 
 
 
 
 
Interest rate swaps
$
(10,358
)
 
$
(2,202
)
 
$
—

Amount of (gains)/losses reclassified out of AOCL into contractual interest expense (effective portion):
 
 
 
 
 
Interest rate swaps
$
3,053

 
$
(118
)
 
$
237

Financing Arrangements (Tables)
Schedule of Financing Arrangements 
Our financing obligations consist of the following:

 
December 31,
 
2012
 
2011
Harborview financing obligation
$
17,571

 
$
17,086

Tax increment financing bond
11,787

 
13,064

Total
$
29,358

 
$
30,150


Schedule of Financing Arrangements 
Our financing obligations consist of the following:
 
 
December 31,
 
2012
 
2011
Harborview financing obligation
$
17,571

 
$
17,086

Tax increment financing bond
11,787

 
13,064

Total
$
29,358

 
$
30,150

Commitments and Contingencies (Tables)
Scheduled Future Obligations, Operating Ground Leases 
The following table sets forth our scheduled obligations for future minimum payments on operating ground leases at December 31, 2012:

Years Ending December 31,
 
Minimum Payments
2013
 
$
2,383

2014
 
2,404

2015
 
2,427

2016
 
2,451

2017
 
2,476

Thereafter
 
49,875

 
 
$
62,016


Scheduled Future Obligations, Operating Ground Leases 
The following table sets forth our scheduled obligations for future minimum payments on operating ground leases at December 31, 2012:

Years Ending December 31,
 
Minimum Payments
2013
 
$
2,383

2014
 
2,404

2015
 
2,427

2016
 
2,451

2017
 
2,476

Thereafter
 
49,875

 
 
$
62,016

Noncontrolling Interests (Tables)
Noncontrolling Interests in the Operating Partnership 
The following table sets forth noncontrolling interests in the Operating Partnership:

 
Year Ended December 31,
 
2012
 
2011
Beginning noncontrolling interests in the Operating Partnership
$
110,655

 
$
120,838

Adjustments of noncontrolling interests in the Operating Partnership to fair value
16,491

 
(3,955
)
Issuances of Common Units
2,299

 
—

Conversion of Common Units to Common Stock
(2,096
)
 
(1,906
)
Net income attributable to noncontrolling interests in the Operating Partnership
3,854

 
2,091

Distributions to noncontrolling interests in the Operating Partnership
(6,334
)
 
(6,413
)
Total noncontrolling interests in the Operating Partnership
$
124,869

 
$
110,655


Net Income Available for Common Stockholders and Transfers From Noncontrolling Interests in the Operating Partnership 
The following table sets forth net income available for common stockholders and transfers from noncontrolling interests in the Operating Partnership:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Net income available for common stockholders
$
77,087

 
$
38,677

 
$
61,790

Increase in additional paid in capital from conversion of Common Units to Common Stock
2,096

 
1,906

 
3,060

Issuances of Common Units
(2,299
)
 
—

 
—

Change from net income available for common stockholders and transfers from noncontrolling interests
$
76,884

 
$
40,583

 
$
64,850


Disclosure About Fair Value of Financial Instruments (Tables)
Fair Value Measurements of Assets, Liabilities and Noncontrolling Interests 
The following tables set forth the assets, noncontrolling interests in the Operating Partnership and liabilities that we measure at fair value by level within the fair value hierarchy. We determine the level based on the lowest level of substantive input used to determine fair value.


11.
Disclosure About Fair Value of Financial Instruments – Continued
 
 
 
 
Level 1
 
Level 2
 
Level 3
 
December 31, 2012
 
Quoted Prices
in Active
Markets for Identical Assets or Liabilities
 
Significant Observable Inputs
 
Significant Unobservable Inputs
Assets:
 
 
 
 
 
 
 
Mortgages and notes receivable, at fair value (1)
$
24,725

 
$
—

 
$
16,077

 
$
8,648

Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)
3,354

 
3,354

 
—

 
—

Tax increment financing bond (in prepaid expenses and other assets)
14,496

 
—

 
—

 
14,496

Total Assets
$
42,575

 
$
3,354

 
$
16,077

 
$
23,144

Noncontrolling Interests in the Operating Partnership
$
124,869

 
$
124,869

 
$
—

 
$
—

Liabilities:
 
 
 
 
 
 
 
Mortgages and notes payable, at fair value (1)
$
1,987,364

 
$
—

 
$
1,987,364

 
$
—

Interest rate swaps (in accounts payable, accrued expenses and other liabilities)
9,369

 
—

 
9,369

 
—

Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)
3,354

 
3,354

 
—

 
—

Contingent consideration to acquire real estate assets (in accounts payable, accrued expenses and other liabilities)
563

 
—

 
—

 
563

Financing obligations, at fair value (1)
23,252

 
—

 
—

 
23,252

Total Liabilities
$
2,023,902

 
$
3,354

 
$
1,996,733

 
$
23,815

 
 
 
 
Level 1
 
Level 2
 
Level 3
 
December 31, 2011
 
Quoted Prices
in Active
Markets for Identical Assets or Liabilities
 
Significant Observable Inputs
 
Significant Unobservable Inputs
Assets:
 
 
 
 
 
 
 
Mortgages and notes receivable, at fair value (1)
$
18,990

 
$
—

 
$
18,990

 
$
—

Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)
3,149

 
3,149

 
—

 
—

Tax increment financing bond (in prepaid expenses and other assets)
14,788

 
—

 
—

 
14,788

Impaired real estate assets and for-sale residential condominiums
12,767

 
—

 
—

 
12,767

Total Assets
$
49,694

 
$
3,149

 
$
18,990

 
$
27,555

Noncontrolling Interests in the Operating Partnership
$
110,655

 
$
110,655

 
$
—

 
$
—

Liabilities:
 
 
 
 
 
 
 
Mortgages and notes payable, at fair value (1)
$
1,959,438

 
$
—

 
$
1,959,438

 
$
—

Interest rate swaps (in accounts payable, accrued expenses and other liabilities)
2,202

 
—

 
2,202

 
—

Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)
3,149

 
3,149

 
—

 
—

Financing obligations, at fair value (1)
17,572

 
—

 
—

 
17,572

Total Liabilities
$
1,982,361

 
$
3,149

 
$
1,961,640

 
$
17,572


__________
(1)    Amounts recorded at historical cost on our Consolidated Balance Sheets at December 31, 2012 and 2011, respectively.
Fair Value Measurements, Unobservable Inputs Reconciliation 
The following table sets forth the changes in our Level 3 asset and liability, which are recorded at fair value on our Consolidated Balance Sheets on a recurring basis:
 
December 31,
 
2012
 
2011
Asset:
 
 
 
Tax Increment Financing Bond:
 
 
 
Beginning balance
$
14,788

 
$
15,699

Principal repayment
(703
)
 
(1,145
)
Unrealized gains (in AOCL)
411

 
234

Ending balance
$
14,496

 
$
14,788

Liability:
 
 
 
Contingent Consideration to Acquire Real Estate Assets:
 
 
 
Beginning balance
$
—

 
$
—

Fair value at acquisition date
677

 
—

Unrealized gains (in general and administrative expenses)
(114
)
 
—

Ending balance
$
563

 
$
—

Fair Value Measurements, Valuation Techniques 
The following table sets forth quantitative information about the unobservable inputs of our Level 3 asset and liability, which are recorded at fair value on our Consolidated Balance Sheets on a recurring basis:
 
 
Fair Value at
December 31, 2012
 
Valuation
Technique
 
Unobservable
Input
 
Rate/ Percentage
Asset:
 
 
 
 
 
 
 
Tax increment financing bond
$
14,496

 
Income approach
 
Discount rate
 
10.34
%
Liability:
 
 
 
 
 
 
 
Contingent consideration to acquire real estate assets
$
563

 
Income approach
 
Payout percentage
 
75.00
%
Fair Value Measurements of Assets, Liabilities and Noncontrolling Interests 
The following tables set forth the assets and liabilities that we measure at fair value by level within the fair value hierarchy. We determine the level based on the lowest level of substantive input used to determine fair value.


11.
Disclosure About Fair Value of Financial Instruments – Continued

 
 
 
Level 1
 
Level 2
 
Level 3
 
December 31, 2012
 
Quoted Prices
in Active
Markets for Identical Assets or Liabilities
 
Significant Observable Inputs
 
Significant Unobservable Inputs
Assets:
 
 
 
 
 
 
 
Mortgages and notes receivable, at fair value (1)
$
24,725

 
$
—

 
$
16,077

 
$
8,648

Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)
3,354

 
3,354

 
—

 
—

Tax increment financing bond (in prepaid expenses and other assets)
14,496

 
—

 
—

 
14,496

Total Assets
$
42,575

 
$
3,354

 
$
16,077

 
$
23,144

Liabilities:
 
 
 
 
 
 
 
Mortgages and notes payable, at fair value (1)
$
1,987,364

 
$
—

 
$
1,987,364

 
$
—

Interest rate swaps (in accounts payable, accrued expenses and other liabilities)
9,369

 
—

 
9,369

 
—

Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)
3,354

 
3,354

 
—

 
—

Contingent consideration to acquire real estate assets (in accounts payable, accrued expenses and other liabilities)
563

 
—

 
—

 
563

Financing obligations, at fair value (1)
23,252

 
—

 
—

 
23,252

Total Liabilities
$
2,023,902

 
$
3,354

 
$
1,996,733

 
$
23,815



 
 
 
Level 1
 
Level 2
 
Level 3
 
December 31, 2011
 
Quoted Prices
in Active
Markets for Identical Assets or Liabilities
 
Significant Observable Inputs
 
Significant Unobservable Inputs
Assets:
 
 
 
 
 
 
 
Mortgages and notes receivable, at fair value (1)
$
18,990

 
$
—

 
$
18,990

 
$
—

Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)
3,149

 
3,149

 
—

 
—

Tax increment financing bond (in prepaid expenses and other assets)
14,788

 
—

 
—

 
14,788

Impaired real estate assets and for-sale residential condominiums
12,767

 
—

 
—

 
12,767

Total Assets
$
49,694

 
$
3,149

 
$
18,990

 
$
27,555

Liabilities:
 
 
 
 
 
 
 
Mortgages and notes payable, at fair value (1)
$
1,959,438

 
$
—

 
$
1,959,438

 
$
—

Interest rate swaps (in accounts payable, accrued expenses and other liabilities)
2,202

 
—

 
2,202

 
—

Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)
3,149

 
3,149

 
—

 
—

Financing obligations, at fair value (1)
17,572

 
—

 
—

 
17,572

Total Liabilities
$
1,982,361

 
$
3,149

 
$
1,961,640

 
$
17,572

__________
(1)    Amounts recorded at historical cost on our Consolidated Balance Sheets at December 31, 2012 and 2011, respectively.

Fair Value Measurements, Unobservable Inputs Reconciliation 
The following table sets forth the changes in our Level 3 asset and liability, which are recorded at fair value on our Consolidated Balance Sheets on a recurring basis:

 
December 31,
 
2012
 
2011
Asset:
 
 
 
Tax Increment Financing Bond:
 
 
 
Beginning balance
$
14,788

 
$
15,699

Principal repayment
(703
)
 
(1,145
)
Unrealized gains (in AOCL)
411

 
234

Ending balance
$
14,496

 
$
14,788

Liability:
 
 
 
Contingent Consideration to Acquire Real Estate Assets:
 
 
 
Beginning balance
$
—

 
$
—

Fair value at acquisition date
677

 
—

Unrealized gains (in general and administrative expenses)
(114
)
 
—

Ending balance
$
563

 
$
—

Fair Value Measurements, Valuation Techniques 
The following table sets forth quantitative information about the unobservable inputs of our Level 3 asset and liability, which are recorded at fair value on our Consolidated Balance Sheets on a recurring basis:

 
Fair Value at
December 31, 2012
 
Valuation
Technique
 
Unobservable
Input
 
Rate/ Percentage
Asset:
 
 
 
 
 
 
 
Tax increment financing bond
$
14,496

 
Income approach
 
Discount rate
 
10.34
%
Liability:
 
 
 
 
 
 
 
Contingent consideration to acquire real estate assets
$
563

 
Income approach
 
Payout percentage
 
75.00
%
Equity (Tables)
Schedule of Stock by Class, Preferred Stock 
The following table sets forth our Preferred Stock:
 
Preferred Stock Issuances
 
Issue Date
 
Number of Shares Outstanding
 
Carrying Value
 
Liquidation Preference Per Share
 
Optional Redemption Date
 
Annual Dividends Payable Per Share
 
 
 
 
(in thousands)
 
 
 
 
 
 
 
 
December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
 
8.625% Series A Cumulative Redeemable
 
2/12/1997
 
29

 
$
29,077

 
$
1,000

 
2/12/2027
 
$
86.25

December 31, 2011
 
 
 
 
 
 
 
 
 
 
 
 
8.625% Series A Cumulative Redeemable
 
2/12/1997
 
29

 
$
29,077

 
$
1,000

 
2/12/2027
 
$
86.25

Our officers generally receive annual grants of stock options and restricted stock on or about March 1 of each year. Restricted stock grants are also made annually to directors and certain other employees. Except as set forth in the next sentence, dividends received on restricted stock are non-forfeitable and are paid at the same rate and on the same date as on shares of Common Stock. Commencing in 2012 with respect to shares of restricted stock issued to our chief executive officer and subject to any delay in payment that would result in adverse tax consequences under Section 409A of the Code, dividends will accumulate and be payable only if and to the extent the shares vest. Dividends paid on subsequently forfeited shares are expensed. Additional total return-based restricted stock may be issued at the end of the three-year periods if actual performance exceeds certain levels of performance. Such additional shares, if any, would be fully vested when issued. No expense is recorded for additional shares of total return-based restricted stock that may be issued at the end of the three-year period since that possibility is reflected in the grant date fair value. The following table sets forth the number of shares of Common Stock reserved for future issuance:

 
December 31,
 
2012
 
2011
Outstanding stock options and warrants
1,144,309

 
1,224,455

Possible future issuance under equity incentive plans
2,047,550

 
2,363,695

 
3,191,859

 
3,588,150

Schedule of Dividends Payable 
The following table sets forth the estimated taxability to the common stockholders of dividends per share for federal income tax purposes:
 
 
Year Ended December 31,
 
2012
 
2011
 
2010
Ordinary income
$
1.28

 
$
1.15

 
$
0.41

Capital gains
0.24

 
—

 
0.44

Return of capital
0.18

 
0.55

 
0.85

Total
$
1.70

 
$
1.70

 
$
1.70

Schedule of Dividends Payable 
The following table sets forth the estimated taxability to the preferred stockholders of dividends per share for federal income tax purposes:
 
 
Year Ended December 31,
 
2012
 
2011
 
2010
8.625% Series A Cumulative Redeemable:
 
 
 
 
 
Ordinary income
$
72.46

 
$
86.25

 
$
41.80

Capital gains
13.79

 
—

 
44.45

Total
$
86.25

 
$
86.25

 
$
86.25

8.000% Series B Cumulative Redeemable:
 
 
 
 
 
Ordinary income
$
—

 
$
1.05

 
$
0.97

Capital gains
—

 
—

 
1.03

Total
$
—

 
$
1.05

 
$
2.00


Schedule of Stock by Class, Preferred Stock 
The following table sets forth our Preferred Units:
 
Preferred Unit Issuances
 
Issue Date
 
Number of
Units
Outstanding
 
Carrying
Value
 
Liquidation Preference
Per Unit
 
Optional Redemption
Date
 
Annual
Distributions
Payable
Per Unit
 
 
 
 
(in thousands)
 
 
 
 
 
 
 
 
December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
 
8.625% Series A Cumulative Redeemable
 
2/12/1997
 
29

 
$
29,077

 
$
1,000

 
2/12/2027
 
$
86.25

December 31, 2011
 
 
 
 
 
 
 
 
 
 
 
 
8.625% Series A Cumulative Redeemable
 
2/12/1997
 
29

 
$
29,077

 
$
1,000

 
2/12/2027
 
$
86.25

The Company's officers generally receive annual grants of stock options and restricted stock on or about March 1 of each year. Restricted stock grants are also made annually to directors and certain other employees. Except as set forth in the next sentence, dividends received on restricted stock are non-forfeitable and are paid at the same rate and on the same date as on shares of Common Stock. Commencing in 2012 with respect to shares of restricted stock issued to the Company's chief executive officer and subject to any delay in payment that would result in adverse tax consequences under Section 409A of the Code, dividends will accumulate and be payable only if and to the extent the shares vest. Dividends paid on subsequently forfeited shares are expensed. Additional total return-based restricted stock may be issued at the end of the three-year periods if actual performance exceeds certain levels of performance. Such additional shares, if any, would be fully vested when issued. No expense is recorded for additional shares of total return-based restricted stock that may be issued at the end of the three-year period since that possibility is reflected in the grant date fair value. The following table sets forth the number of shares of Common Stock reserved for future issuance:
 
 
December 31,
 
2012
 
2011
Outstanding stock options and warrants
1,144,309

 
1,224,455

Possible future issuance under equity incentive plans
2,047,550

 
2,363,695

 
3,191,859

 
3,588,150

Employee Benefit Plans (Tables)
Schedule of Stock by Class 
The following table sets forth our Preferred Stock:
 
Preferred Stock Issuances
 
Issue Date
 
Number of Shares Outstanding
 
Carrying Value
 
Liquidation Preference Per Share
 
Optional Redemption Date
 
Annual Dividends Payable Per Share
 
 
 
 
(in thousands)
 
 
 
 
 
 
 
 
December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
 
8.625% Series A Cumulative Redeemable
 
2/12/1997
 
29

 
$
29,077

 
$
1,000

 
2/12/2027
 
$
86.25

December 31, 2011
 
 
 
 
 
 
 
 
 
 
 
 
8.625% Series A Cumulative Redeemable
 
2/12/1997
 
29

 
$
29,077

 
$
1,000

 
2/12/2027
 
$
86.25

Our officers generally receive annual grants of stock options and restricted stock on or about March 1 of each year. Restricted stock grants are also made annually to directors and certain other employees. Except as set forth in the next sentence, dividends received on restricted stock are non-forfeitable and are paid at the same rate and on the same date as on shares of Common Stock. Commencing in 2012 with respect to shares of restricted stock issued to our chief executive officer and subject to any delay in payment that would result in adverse tax consequences under Section 409A of the Code, dividends will accumulate and be payable only if and to the extent the shares vest. Dividends paid on subsequently forfeited shares are expensed. Additional total return-based restricted stock may be issued at the end of the three-year periods if actual performance exceeds certain levels of performance. Such additional shares, if any, would be fully vested when issued. No expense is recorded for additional shares of total return-based restricted stock that may be issued at the end of the three-year period since that possibility is reflected in the grant date fair value. The following table sets forth the number of shares of Common Stock reserved for future issuance:

 
December 31,
 
2012
 
2011
Outstanding stock options and warrants
1,144,309

 
1,224,455

Possible future issuance under equity incentive plans
2,047,550

 
2,363,695

 
3,191,859

 
3,588,150

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award 
The following table sets forth stock option activity:

 
Options Outstanding
 
Number of Shares
 
Weighted Average Exercise Price
Balances at December 31, 2009
1,467,773

 
$
27.15

Options granted
190,826

 
29.05

Options exercised
(178,403
)
 
22.54

Balances at December 31, 2010 
1,480,196

 
27.95

Options granted 
146,581

 
33.93

Options exercised 
(417,322
)
 
26.79

Balances at December 31, 2011
1,209,455

 
29.08

Options granted
190,886

 
31.97

Options exercised
(271,032
)
 
26.87

Balances at December 31, 2012 (1) (2)
1,129,309

 
$
30.10

__________

13.
Employee Benefit Plans - Continued

(1)
The outstanding options at December 31, 2012 had a weighted average remaining life of 3.3 years.
(2)
We have 634,550 options exercisable at December 31, 2012 with a weighted average exercise price of $30.75, weighted average remaining life of 2.1 years and intrinsic value of $2.6 million. Of these exercisable options, 173,007 had exercise prices higher than the market price of our Common Stock at December 31, 2012.
Schedule of NonQualified Deferred Compensation Liability 
The following table sets forth our deferred compensation liability:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Beginning deferred compensation liability
$
3,149

 
$
4,091

 
$
6,898

Contributions to deferred compensation plans
—

 
545

 
229

Mark-to-market adjustment to deferred compensation (in general and administrative expenses)
475

 
(119
)
 
246

Distributions from deferred compensation plans
(270
)
 
(1,368
)
 
(3,282
)
Total deferred compensation liability
$
3,354

 
$
3,149

 
$
4,091

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions 
Stock options issued prior to 2005 vest ratably over four years and remain outstanding for 10 years. Stock options issued beginning in 2005 vest ratably over a four-year period and remain outstanding for seven years. The value of all options as of the date of grant is calculated using the Black-Scholes option-pricing model and is amortized over the respective vesting or service period. The fair values of options granted during 2012, 2011 and 2010 were $5.47, $6.47 and $4.96, respectively, per option. The fair values of the options granted were determined at the grant dates using the following assumptions:

 
2012
 
2011
 
2010
Risk free interest rate (1) 
1.1
%
 
2.4
%
 
2.6
%
Common stock dividend yield (2) 
5.3
%
 
5.0
%
 
5.9
%
Expected volatility (3) 
33.4
%
 
32.5
%
 
32.2
%
Average expected option life (years) (4)
5.75

 
5.75

 
5.75

__________
(1)
Represents the interest rate as of the grant date on US treasury bonds having the same life as the estimated life of the option grants.
(2)
The dividend yield is calculated utilizing the dividends paid for the previous one-year period and the per share price of Common Stock on the date of grant.
(3)
Based on the historical volatility of Common Stock over a period relevant to the related stock option grant.
(4)
The average expected option life is based on an analysis of our historical data.
Schedule of Share-based Compensation, Restricted Stock Units Award Activity 
The following table sets forth time-based restricted stock activity:

 
Number of Shares
 
Weighted Average Grant Date Fair Value
Restricted shares outstanding at December 31, 2009
316,074

 
$
28.60

Awarded and issued (1)
88,930

 
29.05

Vested (2) 
(138,745
)
 
31.81

Forfeited
(1,933
)
 
25.86

Restricted shares outstanding at December 31, 2010
264,326

 
27.08

Awarded and issued (1)
76,966

 
33.70

Vested (2) 
(116,631
)
 
30.64

Restricted shares outstanding at December 31, 2011
224,661

 
28.02

Awarded and issued (1)
90,983

 
32.27

Vested (2) 
(92,239
)
 
27.14

Forfeited
(903
)
 
30.12

Restricted shares outstanding at December 31, 2012
222,502

 
$
30.31

__________
(1)
The fair value at grant date of time-based restricted stock issued during the years ended December 31, 2012, 2011 and 2010 was $2.9 million, $2.6 million and $2.6 million, respectively.
(2)
The vesting date fair value of time-based restricted stock that vested during the years ended December 31, 2012, 2011 and 2010 was $2.9 million, $3.9 million and $4.3 million, respectively. Vested shares include those shares repurchased for withholding taxes.

Schedule of Share-based Compensation, Restricted Stock Units Award Activity 
The following table sets forth total return-based restricted stock activity:

 
Number of Shares
 
Weighted Average Grant Date Fair Value
Restricted shares outstanding at December 31, 2009
202,775

 
$
22.05

Awarded and issued (1)
77,624

 
29.05

Vested (2)
(47,257
)
 
38.50

Forfeited
(1,307
)
 
22.99

Restricted shares outstanding at December 31, 2010
231,835

 
21.03

Awarded and issued (1)
57,386

 
41.02

Vested (2)
(66,417
)
 
13.79

Forfeited
(99,975
)
 
13.79

Restricted shares outstanding at December 31, 2011
122,829

 
34.86

Awarded and issued (1)
67,902

 
38.71

Vested (2)
(32,722
)
 
29.47

Forfeited
(32,721
)
 
29.47

Restricted shares outstanding at December 31, 2012
125,288

 
$
32.87

__________
(1)
The fair value at grant date of total return-based restricted stock issued during the years ended December 31, 2012, 2011 and 2010 was $2.6 million, $2.4 million and $2.3 million, respectively. There were no performance-based restricted stock issued subsequent to 2008.
(2)
The vesting date fair value of total return-based and other types of performance-based restricted stock that vested during the years ended December 31, 2012, 2011 and 2010 was $1.1 million, $2.0 million and $1.6 million, respectively. Vested shares include those shares repurchased for withholding taxes.

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions 
During 2012, 2011 and 2010, we issued shares of total return-based restricted stock to officers that will vest from zero to 250% based on (1) our absolute total returns for certain pre-determined three-year periods relative to defined target returns and (2) whether our total return exceeds the average total returns of a selected group of peer companies. The grant date fair value of such shares of total return-based restricted stock was determined to be $38.71, $41.02 and $29.05, respectively, of the market value of a share of Common Stock as of the grant date and is amortized over the respective three-year period. The fair values of the total return-based restricted stock granted were determined at the grant dates using the following assumptions:

 
2012
 
2011
 
2010
Risk free interest rate (1) 
0.4
%
 
1.0
%
 
1.3
%
Common stock dividend yield (2) 
5.4
%
 
5.4
%
 
5.6
%
Expected volatility (3) 
43.7
%
 
42.8
%
 
42.5
%
__________
(1)
Represents the interest rate as of the grant date on US treasury bonds having the same life as the estimated life of the total return-based restricted stock grants.
(2)
The dividend yield is calculated utilizing the dividends paid for the previous one-year period and the per share price of Common Stock on the date of grant.
(3)
Based on the historical volatility of Common Stock over a period relevant to the related total return-based restricted stock grant.

Schedule of Stock by Class 
The following table sets forth our Preferred Units:
 
Preferred Unit Issuances
 
Issue Date
 
Number of
Units
Outstanding
 
Carrying
Value
 
Liquidation Preference
Per Unit
 
Optional Redemption
Date
 
Annual
Distributions
Payable
Per Unit
 
 
 
 
(in thousands)
 
 
 
 
 
 
 
 
December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
 
8.625% Series A Cumulative Redeemable
 
2/12/1997
 
29

 
$
29,077

 
$
1,000

 
2/12/2027
 
$
86.25

December 31, 2011
 
 
 
 
 
 
 
 
 
 
 
 
8.625% Series A Cumulative Redeemable
 
2/12/1997
 
29

 
$
29,077

 
$
1,000

 
2/12/2027
 
$
86.25

The Company's officers generally receive annual grants of stock options and restricted stock on or about March 1 of each year. Restricted stock grants are also made annually to directors and certain other employees. Except as set forth in the next sentence, dividends received on restricted stock are non-forfeitable and are paid at the same rate and on the same date as on shares of Common Stock. Commencing in 2012 with respect to shares of restricted stock issued to the Company's chief executive officer and subject to any delay in payment that would result in adverse tax consequences under Section 409A of the Code, dividends will accumulate and be payable only if and to the extent the shares vest. Dividends paid on subsequently forfeited shares are expensed. Additional total return-based restricted stock may be issued at the end of the three-year periods if actual performance exceeds certain levels of performance. Such additional shares, if any, would be fully vested when issued. No expense is recorded for additional shares of total return-based restricted stock that may be issued at the end of the three-year period since that possibility is reflected in the grant date fair value. The following table sets forth the number of shares of Common Stock reserved for future issuance:
 
 
December 31,
 
2012
 
2011
Outstanding stock options and warrants
1,144,309

 
1,224,455

Possible future issuance under equity incentive plans
2,047,550

 
2,363,695

 
3,191,859

 
3,588,150

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award 
The following table sets forth stock option activity:

 
Options Outstanding
 
Number of Shares
 
Weighted Average Exercise Price
Balances at December 31, 2009
1,467,773

 
$
27.15

Options granted
190,826

 
29.05

Options exercised
(178,403
)
 
22.54

Balances at December 31, 2010
1,480,196

 
27.95

Options granted 
146,581

 
33.93

Options exercised 
(417,322
)
 
26.79

Balances at December 31, 2011
1,209,455

 
29.08

Options granted
190,886

 
31.97

Options exercised
(271,032
)
 
26.87

Balances at December 31, 2012 (1) (2)
1,129,309

 
$
30.10

__________
(1)
The outstanding options at December 31, 2012 had a weighted average remaining life of 3.3 years.
(2)
The Company has 634,550 options exercisable at December 31, 2012 with a weighted average exercise price of $30.75, weighted average remaining life of 2.1 years and intrinsic value of $2.6 million. Of these exercisable options, 173,007 had exercise prices higher than the market price of our Common Stock at December 31, 2012.
Schedule of NonQualified Deferred Compensation Liability 
The following table sets forth the Company's deferred compensation liability:
 
 
Year Ended December 31,
 
2012
 
2011
 
2010
Beginning deferred compensation liability
$
3,149

 
$
4,091

 
$
6,898

Contributions to deferred compensation plans
—

 
545

 
229

Mark-to-market adjustment to deferred compensation (in general and administrative expenses)
475

 
(119
)
 
246

Distributions from deferred compensation plans
(270
)
 
(1,368
)
 
(3,282
)
Total deferred compensation liability
$
3,354

 
$
3,149

 
$
4,091

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions 
Stock options issued prior to 2005 vest ratably over four years and remain outstanding for 10 years. Stock options issued beginning in 2005 vest ratably over a four-year period and remain outstanding for seven years. The value of all options as of the date of grant is calculated using the Black-Scholes option-pricing model and is amortized over the respective vesting or service period. The fair values of options granted during 2012, 2011 and 2010 were $5.47, $6.47 and $4.96, respectively, per option. The fair values of the options granted were determined at the grant dates using the following assumptions:
 
 
2012
 
2011
 
2010
Risk free interest rate (1) 
1.1
%
 
2.4
%
 
2.6
%
Common stock dividend yield (2) 
5.3
%
 
5.0
%
 
5.9
%
Expected volatility (3) 
33.4
%
 
32.5
%
 
32.2
%
Average expected option life (years) (4)
5.75

 
5.75

 
5.75

__________
(1)
Represents the interest rate as of the grant date on US treasury bonds having the same life as the estimated life of the option grants.
(2)
The dividend yield is calculated utilizing the dividends paid for the previous one-year period and the per share price of Common Stock on the date of grant.
(3)
Based on the historical volatility of Common Stock over a period relevant to the related stock option grant.
(4)
The average expected option life is based on an analysis of the Company's historical data.
Schedule of Share-based Compensation, Restricted Stock Units Award Activity 
The following table sets forth time-based restricted stock activity:

 
Number of Shares
 
Weighted Average Grant Date Fair Value
Restricted shares outstanding at December 31, 2009
316,074

 
$
28.60

Awarded and issued (1)
88,930

 
29.05

Vested (2) 
(138,745
)
 
31.81

Forfeited
(1,933
)
 
25.86

Restricted shares outstanding at December 31, 2010
264,326

 
27.08

Awarded and issued (1)
76,966

 
33.70

Vested (2) 
(116,631
)
 
30.64

Restricted shares outstanding at December 31, 2011
224,661

 
28.02

Awarded and issued (1)
90,983

 
32.27

Vested (2) 
(92,239
)
 
27.14

Forfeited
(903
)
 
30.12

Restricted shares outstanding at December 31, 2012
222,502

 
$
30.31

__________
(1)
The fair value at grant date of time-based restricted stock issued during the years ended December 31, 2012, 2011 and 2010 was $2.9 million, $2.6 million and $2.6 million, respectively.
(2)
The vesting date fair value of time-based restricted stock that vested during the years ended December 31, 2012, 2011 and 2010 was $2.9 million, $3.9 million and $4.3 million, respectively. Vested shares include those shares repurchased for withholding taxes.
Schedule of Share-based Compensation, Restricted Stock Units Award Activity 
The following table sets forth total return-based restricted stock activity:

 
Number of Shares
 
Weighted Average Grant Date Fair Value
Restricted shares outstanding at December 31, 2009
202,775

 
$
22.05

Awarded and issued (1)
77,624

 
29.05

Vested (2)
(47,257
)
 
38.50

Forfeited
(1,307
)
 
22.99

Restricted shares outstanding at December 31, 2010
231,835

 
21.03

Awarded and issued (1)
57,386

 
41.02

Vested (2)
(66,417
)
 
13.79

Forfeited
(99,975
)
 
13.79

Restricted shares outstanding at December 31, 2011
122,829

 
34.86

Awarded and issued (1)
67,902

 
38.71

Vested (2)
(32,722
)
 
29.47

Forfeited
(32,721
)
 
29.47

Restricted shares outstanding at December 31, 2012
125,288

 
$
32.87

__________
(1)
The fair value at grant date of total return-based restricted stock issued during the years ended December 31, 2012, 2011 and 2010 was $2.6 million, $2.4 million and $2.3 million, respectively. There were no performance-based restricted stock issued subsequent to 2008.
(2)
The vesting date fair value of total return-based and other types of performance-based restricted stock that vested during the years ended December 31, 2012, 2011 and 2010 was $1.1 million, $2.0 million and $1.6 million, respectively. Vested shares include those shares repurchased for withholding taxes.

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions 
During 2012, 2011 and 2010, we issued shares of total return-based restricted stock to officers that will vest from zero to 250% based on (1) our absolute total returns for certain pre-determined three-year periods relative to defined target returns and (2) whether the Company's total return exceeds the average total returns of a selected group of peer companies. The grant date fair value of such shares of total return-based restricted stock was determined to be $38.71, $41.02 and $29.05, respectively, of the market value of a share of Common Stock as of the grant date and is amortized over the respective three-year period. The fair values of the total return-based restricted stock granted were determined at the grant dates using the following assumptions:

 
2012
 
2011
 
2010
Risk free interest rate (1) 
0.4
%
 
1.0
%
 
1.3
%
Common stock dividend yield (2) 
5.4
%
 
5.4
%
 
5.6
%
Expected volatility (3) 
43.7
%
 
42.8
%
 
42.5
%
__________
(1)
Represents the interest rate as of the grant date on US treasury bonds having the same life as the estimated life of the total return-based restricted stock grants.
(2)
The dividend yield is calculated utilizing the dividends paid for the previous one-year period and the per share price of Common Stock on the date of grant.
(3)
Based on the historical volatility of Common Stock over a period relevant to the related total return-based restricted stock grant.
Accumulated Other Comprehensive Loss (Tables)
Components of Accumulated Comprehensive Loss 

The following table sets forth the components of accumulated other comprehensive loss:

 
December 31,
 
2012
 
2011
Tax increment financing bond:
 
 
 
Beginning balance
$
(2,309
)
 
$
(2,543
)
Unrealized gains on tax increment financing bond
411

 
234

Ending balance
(1,898
)
 
(2,309
)
Cash flow hedges:
 
 
 
Beginning balance
(3,425
)
 
(1,105
)
Unrealized losses on cash flow hedges
(10,358
)
 
(2,202
)
Amortization of cash flow hedges
3,053

 
(118
)
Ending balance
(10,730
)
 
(3,425
)
Total accumulated other comprehensive loss
$
(12,628
)
 
$
(5,734
)
Components of Accumulated Comprehensive Loss 
The following table sets forth the components of accumulated other comprehensive loss:
 
 
December 31,
 
2012
 
2011
Tax increment financing bond:
 
 
 
Beginning balance
$
(2,309
)
 
$
(2,543
)
Unrealized gains on tax increment financing bond
411

 
234

Ending balance
(1,898
)
 
(2,309
)
Cash flow hedges:
 
 
 
Beginning balance
(3,425
)
 
(1,105
)
Unrealized losses on cash flow hedges
(10,358
)
 
(2,202
)
Amortization of cash flow hedges
3,053

 
(118
)
Ending balance
(10,730
)
 
(3,425
)
Total accumulated other comprehensive loss
$
(12,628
)
 
$
(5,734
)
Rental and Other Revenues; Rental Property and Other Expenses (Tables)
Schedule of Rental and Other Revenues 
The following table sets forth rental and other revenues from continuing operations:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Contractual rents, net
$
439,610

 
$
402,275

 
$
379,554

Straight-line rental income, net
18,775

 
12,173

 
10,582

Amortization of lease incentives
(1,424
)
 
(1,342
)
 
(1,202
)
Cost recovery income, net
41,289

 
35,561

 
41,101

Lease termination fees
1,848

 
2,439

 
2,938

Fee income
4,965

 
5,571

 
5,466

Other miscellaneous operating revenues
11,039

 
6,767

 
2,397

 
$
516,102

 
$
463,444

 
$
440,836


Schedule of Future Minimum Rental Payments for Operating Leases 
The following table sets forth scheduled future minimum base rents to be received from customers for leases in effect at December 31, 2012 for the Wholly Owned Properties:

2013
$
463,913

2014
430,278

2015
378,021

2016
325,970

2017
267,530

Thereafter
878,894

 
$
2,744,606


Operating Costs and Other Expenses 
The following table sets forth rental property and other expenses from continuing operations:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Utilities, insurance and real estate taxes
$
100,956

 
$
92,119

 
$
86,013

Maintenance, cleaning and general building
69,026

 
58,910

 
54,422

Property management and administrative expenses
12,542

 
11,295

 
10,832

Other miscellaneous operating expenses
4,910

 
5,529

 
4,504

 
$
187,434

 
$
167,853

 
$
155,771

Schedule of Rental and Other Revenues 
The following table sets forth rental and other revenues from continuing operations:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Contractual rents, net
$
439,610

 
$
402,275

 
$
379,554

Straight-line rental income, net
18,775

 
12,173

 
10,582

Amortization of lease incentives
(1,424
)
 
(1,342
)
 
(1,202
)
Cost recovery income, net
41,289

 
35,561

 
41,101

Lease termination fees
1,848

 
2,439

 
2,938

Fee income
4,965

 
5,571

 
5,466

Other miscellaneous operating revenues
11,039

 
6,767

 
2,397

 
$
516,102

 
$
463,444

 
$
440,836


Schedule of Future Minimum Rental Payments for Operating Leases 
The following table sets forth scheduled future minimum base rents to be received from customers for leases in effect at December 31, 2012 for the Wholly Owned Properties:

2013
$
463,913

2014
430,278

2015
378,021

2016
325,970

2017
267,530

Thereafter
878,894

 
$
2,744,606

Operating Costs and Other Expenses 
The following table sets forth rental property and other expenses from continuing operations:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Utilities, insurance and real estate taxes
$
100,707

 
$
92,093

 
$
85,653

Maintenance, cleaning and general building
69,026

 
58,910

 
54,422

Property management and administrative expenses
12,542

 
11,295

 
10,832

Other miscellaneous operating expenses
4,910

 
5,529

 
4,504

 
$
187,185

 
$
167,827

 
$
155,411

Discontinued Operations (Tables)
Operations Classified As Discontinued Operations 
The following table sets forth our operations which required classification as discontinued operations:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Rental and other revenues
$
10,120

 
$
21,002

 
$
23,917

Operating expenses:
 
 
 
 
 
Rental property and other expenses
3,766

 
8,865

 
9,273

Depreciation and amortization
2,009

 
5,256

 
5,926

Total operating expenses
5,775

 
14,121

 
15,199

Interest expense
283

 
489

 
421

Income from discontinued operations
4,062

 
6,392

 
8,297

Net gains/(losses) on disposition of discontinued operations
29,455

 
2,573

 
(86
)
Total discontinued operations
$
33,517

 
$
8,965

 
$
8,211

Carrying value of assets held for sale and assets sold that qualified for discontinued operations during the year
$
122,861

 
$
137,237

 
$
165,243


Major Classes of Assets and Liabilities of the Properties Classified As Held For Sale 
The following table sets forth the major classes of assets and liabilities of our real estate and other assets, net, held for sale and liabilities held for sale:

 
December 31,
 
2012
 
2011
Assets:
 
 
 
Land
$
—

 
$
14,077

Buildings and tenant improvements
—

 
135,013

Less - accumulated depreciation
—

 
(32,254
)
Net real estate assets
—

 
116,836

Accrued straight-line rents receivable
—

 
6,520

Deferred leasing costs, net
—

 
811

Prepaid expenses and other assets
—

 
106

Real estate and other assets, net, held for sale
$
—

 
$
124,273

Liabilities:
 
 
 
Mortgages and notes payable
$
—

 
$
34,307

Accrued expenses and other liabilities
—

 
214

Financing obligations
—

 
1,294

Liabilities held for sale
$
—

 
$
35,815

Operations Classified As Discontinued Operations 
The following table sets forth our operations which required classification as discontinued operations:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Rental and other revenues
$
10,120

 
$
21,002

 
$
23,917

Operating expenses:
 
 
 
 
 
Rental property and other expenses
3,766

 
8,865

 
9,273

Depreciation and amortization
2,009

 
5,256

 
5,926

Total operating expenses
5,775

 
14,121

 
15,199

Interest expense
283

 
489

 
421

Income from discontinued operations
4,062

 
6,392

 
8,297

Net gains/(losses) on disposition of discontinued operations
29,455

 
2,573

 
(86
)
Total discontinued operations
$
33,517

 
$
8,965

 
$
8,211

Carrying value of assets held for sale and assets sold that qualified for discontinued operations during the year
$
122,861

 
$
137,237

 
$
165,243

Major Classes of Assets and Liabilities of the Properties Classified As Held For Sale 
The following table sets forth the major classes of assets and liabilities of our real estate and other assets, net, held for sale and liabilities held for sale:

 
December 31,
 
2012
 
2011
Assets:
 
 
 
Land
$
—

 
$
14,077

Buildings and tenant improvements
—

 
135,013

Less - accumulated depreciation
—

 
(32,254
)
Net real estate assets
—

 
116,836

Accrued straight-line rents receivable
—

 
6,520

Deferred leasing costs, net
—

 
811

Prepaid expenses and other assets
—

 
106

Real estate and other assets, net, held for sale
$
—

 
$
124,273

Liabilities:
 
 
 
Mortgages and notes payable
$
—

 
$
34,307

Accrued expenses and other liabilities
—

 
214

Financing obligations
—

 
1,294

Liabilities held for sale
$
—

 
$
35,815

Earnings Per Share (Tables)
Earnings Per Share 
The following table sets forth the computation of basic and diluted earnings per share:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Earnings per Common Share - basic:
 
 
 
 
 
Numerator:
 
 
 
 
 
Income from continuing operations
$
50,718

 
$
39,006

 
$
64,092

Net (income) attributable to noncontrolling interests in the Operating Partnership from continuing operations
(2,260
)
 
(1,645
)
 
(2,905
)
Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations
(786
)
 
(755
)
 
(485
)
Dividends on Preferred Stock
(2,508
)
 
(4,553
)
 
(6,708
)
Excess of Preferred Stock redemption/repurchase cost over carrying value
—

 
(1,895
)
 
—

Income from continuing operations available for common stockholders
45,164

 
30,158

 
53,994

Income from discontinued operations
33,517

 
8,965

 
8,211

Net (income) attributable to noncontrolling interests in the Operating Partnership from discontinued operations
(1,594
)
 
(446
)
 
(415
)
Income from discontinued operations available for common stockholders
31,923

 
8,519

 
7,796

Net income available for common stockholders
$
77,087

 
$
38,677

 
$
61,790

Denominator:
 
 
 
 
 
Denominator for basic earnings per Common Share – weighted average shares (1) (2)
75,811

 
72,281

 
71,578

Earnings per Common Share - basic:
 
 
 
 
 
Income from continuing operations available for common stockholders
$
0.60

 
$
0.42

 
$
0.75

Income from discontinued operations available for common stockholders
0.42

 
0.12

 
0.11

Net income available for common stockholders
$
1.02

 
$
0.54

 
$
0.86

Earnings per Common Share - diluted:
 
 
 
 
 
Numerator:
 
 
 
 
 
Income from continuing operations
$
50,718

 
$
39,006

 
$
64,092

Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations
(786
)
 
(755
)
 
(485
)
Dividends on Preferred Stock
(2,508
)
 
(4,553
)
 
(6,708
)
Excess of Preferred Stock redemption/repurchase cost over carrying value
—

 
(1,895
)
 
—

Income from continuing operations available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership
47,424

 
31,803

 
56,899

Income from discontinued operations available for common stockholders
33,517

 
8,965

 
8,211

Net income available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership
$
80,941

 
$
40,768

 
$
65,110

Denominator:
 
 
 
 
 
Denominator for basic earnings per Common Share –weighted average shares (1) (2)
75,811

 
72,281

 
71,578

Add:
 
 
 
 
 
Stock options using the treasury method
122

 
136

 
198

Noncontrolling interests Common Units
3,745

 
3,772

 
3,802

Denominator for diluted earnings per Common Share – adjusted weighted average shares and assumed conversions (1)
79,678

 
76,189

 
75,578

Earnings per Common Share - diluted:
 
 
 
 
 
Income from continuing operations available for common stockholders
$
0.60

 
$
0.42

 
$
0.75

Income from discontinued operations available for common stockholders
0.42

 
0.12

 
0.11

Net income available for common stockholders
$
1.02

 
$
0.54

 
$
0.86

__________

17.
Earnings Per Share - Continued
 
(1)
There were 0.5 million, 0.4 million and 0.7 million options outstanding during the years ended December 31, 2012, 2011 and 2010, respectively, that were not included in the computation of diluted earnings per share because the impact of including such options would be anti-dilutive.
(2)
Includes all unvested restricted stock since dividends on such restricted stock are non-forfeitable.
Earnings Per Unit 
The following table sets forth the computation of basic and diluted earnings per unit:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Earnings per Common Unit - basic:
 
 
 
 
 
Numerator:
 
 
 
 
 
Income from continuing operations
$
50,778

 
$
39,067

 
$
64,065

Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations
(786
)
 
(755
)
 
(485
)
Distributions on Preferred Units
(2,508
)
 
(4,553
)
 
(6,708
)
Excess of Preferred Unit redemption/repurchase cost over carrying value
—

 
(1,895
)
 
—

Income from continuing operations available for common unitholders
47,484

 
31,864

 
56,872

Income from discontinued operations available for common unitholders
33,517

 
8,965

 
8,211

Net income available for common unitholders
$
81,001

 
$
40,829

 
$
65,083

Denominator:
 
 
 
 
 
Denominator for basic earnings per Common Unit – weighted average units (1) (2)
79,147

 
75,644

 
74,971

Earnings per Common Unit - basic:
 
 
 
 
 
Income from continuing operations available for common unitholders
$
0.60

 
$
0.42

 
$
0.76

Income from discontinued operations available for common unitholders
0.42

 
0.12

 
0.11

Net income available for common unitholders
$
1.02

 
$
0.54

 
$
0.87

Earnings per Common Unit - diluted:
 
 
 
 
 
Numerator:
 
 
 
 
 
Income from continuing operations
$
50,778

 
$
39,067

 
$
64,065

Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations
(786
)
 
(755
)
 
(485
)
Distributions on Preferred Units
(2,508
)
 
(4,553
)
 
(6,708
)
Excess of Preferred Unit redemption/repurchase cost over carrying value
—

 
(1,895
)
 
—

Income from continuing operations available for common unitholders
47,484

 
31,864

 
56,872

Income from discontinued operations available for common unitholders
33,517

 
8,965

 
8,211

Net income available for common unitholders
$
81,001

 
$
40,829

 
$
65,083

Denominator:
 
 
 
 
 
Denominator for basic earnings per Common Unit –weighted average units (1) (2)
79,147

 
75,644

 
74,971

Add:
 
 
 
 
 
Stock options using the treasury method
122

 
136

 
198

Denominator for diluted earnings per Common Unit – adjusted weighted average units and assumed conversions (1)
79,269

 
75,780

 
75,169

Earnings per Common Unit - diluted:
 
 
 
 
 
Income from continuing operations available for common unitholders
$
0.60

 
$
0.42

 
$
0.76

Income from discontinued operations available for common unitholders
0.42

 
0.12

 
0.11

Net income available for common unitholders
$
1.02

 
$
0.54

 
$
0.87

__________
(1)
There were 0.5 million, 0.4 million and 0.7 million options outstanding during the years ended December 31, 2012, 2011 and 2010, respectively, that were not included in the computation of diluted earnings per unit because the impact of including such options would be anti-dilutive.
(2)
Includes all unvested restricted stock since dividends on such restricted stock are non-forfeitable.
Segment Information (Tables)
Segment Information 
The following table summarizes the rental and other revenues and net operating income, the primary industry property-level performance metric which is defined as rental and other revenues less rental property and other expenses, for each reportable segment:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Rental and Other Revenues: (1)
 
 
 
 
 
Office:
 
 
 
 
 
Atlanta, GA
$
61,947

 
$
49,521

 
$
44,480

Greenville, SC
13,395

 
14,076

 
13,612

Kansas City, MO
15,003

 
13,795

 
14,160

Memphis, TN
36,832

 
36,801

 
31,479

Nashville, TN
56,542

 
53,645

 
52,159

Orlando, FL
11,169

 
10,233

 
11,611

Piedmont Triad, NC
21,569

 
20,645

 
21,163

Pittsburgh, PA
38,796

 
10,963

 
—

Raleigh, NC
81,624

 
78,638

 
75,714

Richmond, VA
47,310

 
47,525

 
47,175

Tampa, FL
69,381

 
68,240

 
71,060

Total Office Segment
453,568

 
404,082

 
382,613

Industrial:
 
 
 
 
 
Atlanta, GA
12,805

 
13,266

 
12,335

Piedmont Triad, NC
12,518

 
11,827

 
12,372

Total Industrial Segment
25,323

 
25,093

 
24,707

Retail:
 
 
 
 
 
Kansas City, MO
37,211

 
34,269

 
33,516

Total Retail Segment
37,211

 
34,269

 
33,516

Total Rental and Other Revenues
$
516,102

 
$
463,444

 
$
440,836


19.
Segment Information - Continued

 
Year Ended December 31,
 
2012
 
2011
 
2010
Net Operating Income: (1)
 
 
 
 
 
Office:
 
 
 
 
 
Atlanta, GA
$
39,306

 
$
31,077

 
$
27,607

Greenville, SC
7,612

 
8,333

 
8,142

Kansas City, MO
9,516

 
8,374

 
8,824

Memphis, TN
21,848

 
20,874

 
18,640

Nashville, TN
38,831

 
36,586

 
35,451

Orlando, FL
5,841

 
5,187

 
6,256

Piedmont Triad, NC
13,325

 
13,041

 
13,886

Pittsburgh, PA
19,545

 
5,450

 
—

Raleigh, NC
56,628

 
54,699

 
52,347

Richmond, VA
32,407

 
31,281

 
32,035

Tampa, FL
43,114

 
42,371

 
44,622

Total Office Segment
287,973

 
257,273

 
247,810

Industrial:
 
 
 
 
 
Atlanta, GA
9,282

 
9,780

 
8,734

Piedmont Triad, NC
9,149

 
8,652

 
9,037

Total Industrial Segment
18,431

 
18,432

 
17,771

Retail:
 
 
 
 
 
Kansas City, MO
22,528

 
20,157

 
19,927

Total Retail Segment
22,528

 
20,157

 
19,927

Residential:
 
 
 
 
 
Raleigh, NC
(178
)
 
(195
)
 
(362
)
Total Residential Segment
(178
)
 
(195
)
 
(362
)
Corporate and other (2)
(86
)
 
(76
)
 
(81
)
Total Net Operating Income
328,668

 
295,591

 
285,065

Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
Depreciation and amortization
(156,318
)
 
(137,890
)
 
(130,232
)
Impairments of real estate assets
—

 
(2,429
)
 
—

General and administrative expenses
(37,377
)
 
(35,727
)
 
(32,948
)
Interest expense
(96,114
)
 
(95,510
)
 
(92,951
)
Other income
6,380

 
7,363

 
5,657

Income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates
$
45,239

 
$
31,398

 
$
34,591

__________
(1)
Net of discontinued operations.
(2)
Negative NOI with no corresponding revenues represents expensed real estate taxes and other carrying costs associated with land held for development that is currently zoned for the respective product type.

19.
Segment Information - Continued

 
December 31,
 
2012
 
2011
Total Assets:
 
 
 
Office:
 
 
 
Atlanta, GA
$
495,175

 
$
359,225

Greenville, SC
69,138

 
69,669

Kansas City, MO
84,538

 
86,028

Memphis, TN
225,541

 
265,259

Nashville, TN
314,705

 
325,272

Orlando, FL
51,373

 
46,547

Piedmont Triad, NC
144,404

 
115,096

Pittsburgh, PA
330,975

 
227,965

Raleigh, NC
479,995

 
468,494

Richmond, VA
246,276

 
254,364

Tampa, FL
386,676

 
394,569

Total Office Segment
2,828,796

 
2,612,488

Industrial:
 
 
 
Atlanta, GA
115,330

 
133,640

Piedmont Triad, NC
76,013

 
78,081

Total Industrial Segment
191,343

 
211,721

Retail:
 
 
 
Kansas City, MO
166,030

 
170,717

Total Retail Segment
166,030

 
170,717

Residential:
 
 
 
Kansas City, MO
—

 
5,707

Raleigh, NC
8

 
4,768

Total Residential Segment
8

 
10,475

Corporate and other
164,251

 
175,591

Total Assets
$
3,350,428

 
$
3,180,992

Segment Information 
The following table summarizes the rental and other revenues and net operating income, the primary industry property-level performance metric which is defined as rental and other revenues less rental property and other expenses, for each reportable segment:

 
Year Ended December 31,
 
2012
 
2011
 
2010
Rental and Other Revenues: (1)
 
 
 
 
 
Office:
 
 
 
 
 
Atlanta, GA
$
61,948

 
$
49,521

 
$
44,480

Greenville, SC
13,394

 
14,076

 
13,612

Kansas City, MO
15,003

 
13,795

 
14,160

Memphis, TN
36,832

 
36,801

 
31,479

Nashville, TN
56,542

 
53,643

 
52,159

Orlando, FL
11,169

 
10,233

 
11,611

Piedmont Triad, NC
21,569

 
20,645

 
21,162

Pittsburgh, PA
38,796

 
10,963

 
—

Raleigh, NC
81,624

 
78,640

 
75,715

Richmond, VA
47,310

 
47,525

 
47,175

Tampa, FL
69,381

 
68,240

 
71,060

Total Office Segment
453,568

 
404,082

 
382,613

Industrial:
 
 
 
 
 
Atlanta, GA
12,805

 
13,266

 
12,335

Piedmont Triad, NC
12,518

 
11,827

 
12,372

Total Industrial Segment
25,323

 
25,093

 
24,707

Retail:
 
 
 
 
 
Kansas City, MO
37,211

 
34,269

 
33,516

Total Retail Segment
37,211

 
34,269

 
33,516

Total Rental and Other Revenues
$
516,102

 
$
463,444

 
$
440,836


19.
Segment Information - Continued

 
Year Ended December 31,
 
2012
 
2011
 
2010
Net Operating Income: (1)
 
 
 
 
 
Office:
 
 
 
 
 
Atlanta, GA
$
39,335

 
$
31,080

 
$
27,641

Greenville, SC
7,618

 
8,334

 
8,152

Kansas City, MO
9,523

 
8,375

 
8,835

Memphis, TN
21,864

 
20,876

 
18,664

Nashville, TN
38,860

 
36,589

 
35,497

Orlando, FL
5,845

 
5,187

 
6,264

Piedmont Triad, NC
13,335

 
13,042

 
13,903

Pittsburgh, PA
19,548

 
5,450

 
—

Raleigh, NC
56,682

 
54,704

 
52,413

Richmond, VA
32,431

 
31,283

 
32,075

Tampa, FL
43,150

 
42,375

 
44,679

Total Office Segment
288,191

 
257,295

 
248,123

Industrial:
 
 
 
 
 
Atlanta, GA
9,289

 
9,781

 
8,745

Piedmont Triad, NC
9,156

 
8,653

 
9,048

Total Industrial Segment
18,445

 
18,434

 
17,793

Retail:
 
 
 
 
 
Kansas City, MO
22,545

 
20,159

 
19,952

Total Retail Segment
22,545

 
20,159

 
19,952

Residential:
 
 
 
 
 
Raleigh, NC
(178
)
 
(195
)
 
(362
)
Total Residential Segment
(178
)
 
(195
)
 
(362
)
Corporate and other (2)
(86
)
 
(76
)
 
(81
)
Total Net Operating Income
328,917

 
295,617

 
285,425

Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
Depreciation and amortization
(156,318
)
 
(137,890
)
 
(130,232
)
Impairments of real estate assets
—

 
(2,429
)
 
—

General and administrative expenses
(37,626
)
 
(35,753
)
 
(33,308
)
Interest expense
(96,114
)
 
(95,510
)
 
(92,951
)
Other income
6,380

 
7,363

 
5,657

Income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates
$
45,239

 
$
31,398

 
$
34,591

__________
(1)
Net of discontinued operations.
(2)
Negative NOI with no corresponding revenues represents expensed real estate taxes and other carrying costs associated with land held for development that is currently zoned for the respective product type.


19.
Segment Information - Continued

 
December 31,
 
2012
 
2011
Total Assets:
 
 
 
Office:
 
 
 
Atlanta, GA
$
495,175

 
$
359,225

Greenville, SC
69,138

 
69,669

Kansas City, MO
84,538

 
86,028

Memphis, TN
225,541

 
265,259

Nashville, TN
314,705

 
325,272

Orlando, FL
51,373

 
46,547

Piedmont Triad, NC
144,404

 
115,096

Pittsburgh, PA
330,975

 
227,965

Raleigh, NC
479,995

 
468,494

Richmond, VA
246,276

 
254,364

Tampa, FL
386,676

 
394,569

Total Office Segment
2,828,796

 
2,612,488

Industrial:
 
 
 
Atlanta, GA
115,330

 
133,640

Piedmont Triad, NC
76,013

 
78,081

Total Industrial Segment
191,343

 
211,721

Retail:
 
 
 
Kansas City, MO
166,030

 
170,717

Total Retail Segment
166,030

 
170,717

Residential:
 
 
 
Kansas City, MO
—

 
5,707

Raleigh, NC
8

 
4,768

Total Residential Segment
8

 
10,475

Corporate and other
163,348

 
174,483

Total Assets
$
3,349,525

 
$
3,179,884

Quarterly Financial Data (Tables)
Schedule of Quarterly Financial Data 
The following tables set forth quarterly financial information and have been adjusted to reflect discontinued operations:

 
Year Ended December 31, 2012
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
Rental and other revenues (1)
$
125,583

 
$
128,323

 
$
128,214

 
$
133,982

 
$
516,102

 
 
 
 
 
 
 
 
 
 
Income from continuing operations (1)
11,419

 
11,377

 
12,313

 
15,609

 
50,718

Income from discontinued operations (1)
6,913

 
3,121

 
23,483

 
—

 
33,517

Net income
18,332

 
14,498

 
35,796

 
15,609

 
84,235

Net (income) attributable to noncontrolling interests in the Operating Partnership
(827
)
 
(686
)
 
(1,653
)
 
(688
)
 
(3,854
)
Net (income) attributable to noncontrolling interests in consolidated affiliates
(184
)
 
(223
)
 
(159
)
 
(220
)
 
(786
)
Dividends on Preferred Stock
(627
)
 
(627
)
 
(627
)
 
(627
)
 
(2,508
)
Net income available for common stockholders
$
16,694

 
$
12,962

 
$
33,357

 
$
14,074

 
$
77,087

Earnings per Common Share-basic:
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common stockholders
$
0.14

 
$
0.13

 
$
0.15

 
$
0.18

 
$
0.60

Income from discontinued operations available for common stockholders
0.09

 
0.04

 
0.29

 
—

 
0.42

Net income available for common stockholders
$
0.23

 
$
0.17

 
$
0.44

 
$
0.18

 
$
1.02

Earnings per Common Share-diluted:
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common stockholders
$
0.14

 
$
0.13

 
$
0.14

 
$
0.18

 
$
0.60

Income from discontinued operations available for common stockholders
0.09

 
0.04

 
0.29

 
—

 
0.42

Net income available for common stockholders
$
0.23

 
$
0.17

 
$
0.43

 
$
0.18

 
$
1.02


20.
Quarterly Financial Data (Unaudited)

 
Year Ended December 31, 2011
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
Rental and other revenues (1)
$
110,047

 
$
112,185

 
$
117,265

 
$
123,947

 
$
463,444

 
 
 
 
 
 
 
 
 
 
Income from continuing operations (1)
10,671

 
12,572

 
3,957

 
11,806

 
39,006

Income from discontinued operations (1)
1,772

 
1,862

 
4,287

 
1,044

 
8,965

Net income
12,443

 
14,434

 
8,244

 
12,850

 
47,971

Net (income) attributable to noncontrolling interests in the Operating Partnership
(507
)
 
(623
)
 
(366
)
 
(595
)
 
(2,091
)
Net (income) attributable to noncontrolling interests in consolidated affiliates
(123
)
 
(182
)
 
(249
)
 
(201
)
 
(755
)
Dividends on Preferred Stock
(1,677
)
 
(1,622
)
 
(627
)
 
(627
)
 
(4,553
)
Excess of Preferred Stock redemption/repurchase cost over carrying value
—

 
(1,895
)
 
—

 
—

 
(1,895
)
Net income available for common stockholders
$
10,136

 
$
10,112

 
$
7,002

 
$
11,427

 
$
38,677

Earnings per Common Share-basic:
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common stockholders
$
0.12

 
$
0.12

 
$
0.04

 
$
0.14

 
$
0.42

Income from discontinued operations available for common stockholders
0.02

 
0.02

 
0.06

 
0.02

 
0.12

Net income available for common stockholders
$
0.14

 
$
0.14

 
$
0.10

 
$
0.16

 
$
0.54

Earnings per Common Share-diluted:
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common stockholders
$
0.12

 
$
0.12

 
$
0.04

 
$
0.14

 
$
0.42

Income from discontinued operations available for common stockholders
0.02

 
0.02

 
0.06

 
0.02

 
0.12

Net income available for common stockholders
$
0.14

 
$
0.14

 
$
0.10

 
$
0.16

 
$
0.54

__________

20.
Quarterly Financial Data (Unaudited) – Continued
 
(1)
The amounts presented may not equal to the amounts previously reported in the most recent Form 10-Qs or prior 10-K for each period as a result of discontinued operations. Below is the reconciliation to the amounts previously reported:

 
Quarter Ended
 
March 31,
 
June 30,
 
September 30,
 
2012
 
2012
 
2012
Rental and other revenues, as reported
$
129,943

 
$
130,735

 
$
128,214

Discontinued operations
(4,360
)
 
(2,412
)
 
—

Rental and other revenues, as adjusted
$
125,583

 
$
128,323

 
$
128,214

Income from continuing operations, as reported
$
13,115

 
$
12,357

 
$
12,313

Discontinued operations
(1,696
)
 
(980
)
 
—

Income from continuing operations, as adjusted
$
11,419

 
$
11,377

 
$
12,313

Income from discontinued operations, as reported
$
5,217

 
$
2,141

 
$
23,483

Additional discontinued operations from properties sold subsequent to the respective reporting period
1,696

 
980

 
—

Income from discontinued operations, as adjusted
$
6,913

 
$
3,121

 
$
23,483


 
Quarter Ended
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
2011
 
2011
 
2011
 
2011
Rental and other revenues, as reported
$
114,351

 
$
114,651

 
$
117,265

 
$
128,730

Discontinued operations
(4,304
)
 
(2,466
)
 
—

 
(4,783
)
Rental and other revenues, as adjusted
$
110,047

 
$
112,185

 
$
117,265

 
$
123,947

Income from continuing operations, as reported
$
11,903

 
$
13,695

 
$
3,957

 
$
12,850

Discontinued operations
(1,232
)
 
(1,123
)
 
—

 
(1,044
)
Income from continuing operations, as adjusted
$
10,671

 
$
12,572

 
$
3,957

 
$
11,806

Income from discontinued operations, as reported
$
540

 
$
739

 
$
4,287

 
$
—

Additional discontinued operations from properties sold subsequent to the respective reporting period
1,232

 
1,123

 
—

 
1,044

Income from discontinued operations, as adjusted
$
1,772

 
$
1,862

 
$
4,287

 
$
1,044

Schedule of Quarterly Financial Data 
The following tables set forth quarterly financial information and have been adjusted to reflect discontinued operations:

 
Year Ended December 31, 2012
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
Rental and other revenues (1)
$
125,583

 
$
128,323

 
$
128,214

 
$
133,982

 
$
516,102

 
 
 
 
 
 
 
 
 
 
Income from continuing operations (1)
11,421

 
11,380

 
12,317

 
15,660

 
50,778

Income from discontinued operations (1)
6,913

 
3,121

 
23,483

 
—

 
33,517

Net income
18,334

 
14,501

 
35,800

 
15,660

 
84,295

Net (income) attributable to noncontrolling interests in consolidated affiliates
(184
)
 
(223
)
 
(159
)
 
(220
)
 
(786
)
Distributions on Preferred Units
(627
)
 
(627
)
 
(627
)
 
(627
)
 
(2,508
)
Net income available for common unitholders
$
17,523

 
$
13,651

 
$
35,014

 
$
14,813

 
$
81,001

Earnings per Common Unit-basic:
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common unitholders
0.14

 
0.14

 
0.15

 
0.18

 
0.60

Income from discontinued operations available for common unitholders
0.09

 
0.04

 
0.29

 
—

 
0.42

Net income available for common unitholders
0.23

 
0.18

 
0.44

 
0.18

 
1.02

Earnings per Common Unit-diluted:
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common unitholders
0.14

 
0.13

 
0.15

 
0.18

 
0.60

Income from discontinued operations available for common unitholders
0.09

 
0.04

 
0.29

 
—

 
0.42

Net income available for common unitholders
0.23

 
0.17

 
0.44

 
0.18

 
1.02


20.
Quarterly Financial Data (Unaudited)

 
Year Ended December 31, 2011
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
Rental and other revenues (1)
$
110,047

 
$
112,185

 
$
117,265

 
$
123,947

 
$
463,444

 
 
 
 
 
 
 
 
 
 
Income from continuing operations (1)
10,679

 
12,576

 
3,957

 
11,855

 
39,067

Income from discontinued operations (1)
1,772

 
1,862

 
4,287

 
1,044

 
8,965

Net income
12,451

 
14,438

 
8,244

 
12,899

 
48,032

Net (income) attributable to noncontrolling interests in consolidated affiliates
(123
)
 
(182
)
 
(249
)
 
(201
)
 
(755
)
Distributions on Preferred Units
(1,677
)
 
(1,622
)
 
(627
)
 
(627
)
 
(4,553
)
Excess of Preferred Unit redemption/repurchase cost over carrying value
—

 
(1,895
)
 
—

 
—

 
(1,895
)
Net income available for common unitholders
$
10,651

 
$
10,739

 
$
7,368

 
$
12,071

 
$
40,829

Earnings per Common Unit-basic:
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common unitholders
0.12

 
0.12

 
0.04

 
0.15

 
0.42

Income from discontinued operations available for common unitholders
0.02

 
0.02

 
0.06

 
0.01

 
0.12

Net income available for common unitholders
0.14

 
0.14

 
0.10

 
0.16

 
0.54

Earnings per Common Unit-diluted:
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common unitholders
0.12

 
0.12

 
0.04

 
0.15

 
0.42

Income from discontinued operations available for common unitholders
0.02

 
0.02

 
0.06

 
0.01

 
0.12

Net income available for common unitholders
0.14

 
0.14

 
0.10

 
0.16

 
0.54

__________

20.
Quarterly Financial Data (Unaudited) – Continued
 
(1)
The amounts presented may not equal to the amounts previously reported in the most recent Form 10-Qs or prior 10-K for each period as a result of discontinued operations. Below is the reconciliation to the amounts previously reported:

 
Quarter Ended
 
March 31,
 
June 30,
 
September 30,
 
2012
 
2012
 
2012
Rental and other revenues, as reported
$
129,943

 
$
130,735

 
$
128,214

Discontinued operations
(4,360
)
 
(2,412
)
 
—

Rental and other revenues, as adjusted
$
125,583

 
$
128,323

 
$
128,214

Income from continuing operations, as reported
$
13,117

 
$
12,360

 
$
12,317

Discontinued operations
(1,696
)
 
(980
)
 
—

Income from continuing operations, as adjusted
$
11,421

 
$
11,380

 
$
12,317

Income from discontinued operations, as reported
$
5,217

 
$
2,141

 
$
23,483

Additional discontinued operations from properties sold subsequent to the respective reporting period
1,696

 
980

 
—

Income from discontinued operations, as adjusted
$
6,913

 
$
3,121

 
$
23,483


 
Quarter Ended
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
2011
 
2011
 
2011
 
2011
Rental and other revenues, as reported
$
114,351

 
$
114,651

 
$
117,265

 
$
128,730

Discontinued operations
(4,304
)
 
(2,466
)
 
—

 
(4,783
)
Rental and other revenues, as adjusted
$
110,047

 
$
112,185

 
$
117,265

 
$
123,947

Income from continuing operations, as reported
$
11,911

 
$
13,699

 
$
3,957

 
$
12,899

Discontinued operations
(1,232
)
 
(1,123
)
 
—

 
(1,044
)
Income from continuing operations, as adjusted
$
10,679

 
$
12,576

 
$
3,957

 
$
11,855

Income from discontinued operations, as reported
$
540

 
$
739

 
$
4,287

 
$
—

Additional discontinued operations from properties sold subsequent to the respective reporting period
1,232

 
1,123

 
—

 
1,044

Income from discontinued operations, as adjusted
$
1,772

 
$
1,862

 
$
4,287

 
$
1,044

Description of Business and Significant Accounting Policies (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
executives
customers
property
acre
sqft
Dec. 31, 2011
Dec. 31, 2010
Description of Business [Abstract]
 
 
 
In-service office, industrial and retail properties (in units)
301 
 
 
Square footage of commercial property (in sq feet)
29,687,000 
 
 
Undeveloped land suitable for future development (in acres)
649.0 
 
 
Undeveloped land considered core holdings (in acres)
566 
 
 
Number of wholly owned office properties under development (in units)
1 
 
 
Percentage of equity interest in joint ventures maximum
50.00% 
 
 
Number of real estate properties not wholly owned (in units)
32 
 
 
Number of rental residential properties under development not wholly owned (in units)
1 
 
 
Area of undeveloped land not wholly owned (in acres)
11 
 
 
Ownership interest in unconsolidated property directly owned by the Company
12.50% 
 
 
Square footage of unconsolidated property directly owned by the Company (in sq feet)
261,000 
 
 
Consolidated in-service office properties not wholly owned (in units)
5 
 
 
Common Units of partnership owned (in shares)
79,900,000 
 
 
Percentage of ownership of Common Units
95.60% 
95.10% 
 
Number of directors of the Company who are also limited partners
2 
 
 
Common Units of partnership not owned by the Company (in shares)
3,700,000 
 
 
Number of common units required to convert to one share of common stock (in shares)
1 
 
 
Common Stock, par value (in dollars per share)
$ 0.01 
$ 0.01 
 
Number of trading days preceeding Redemption Notice Date (in days)
10 days 
 
 
Common units redeemed for a like number of common shares of stock (in shares)
63,366 
 
 
Common Units issued to acquire real estate assets (in shares)
66,864 
 
 
Real estate assets, depreciation expense
$ 128,971 
$ 120,812 
$ 117,639 
Maturity of highly liquid investments (in months)
3 months 
 
 
Percent of annual REIT taxable income required to pay to the Company's stockholders
90.00% 
 
 
Customers with leases on wholly owned properties
1,711 
 
 
Percent of annualized cash rental revenue derived from geographic locations
10.00% 
 
 
Limit of consolidated revenue generated by any single customer
10.00% 
 
 
Adjustment interval of variable debt interest rates, mimimum (in months)
1 month 
 
 
Adjustment interval of variable debt interest rates, maximum (in months)
3 months 
 
 
Building [Member]
 
 
 
Description of Business [Abstract]
 
 
 
Property, Plant and Equipment, Useful Life, Average
40 years 
 
 
Building Improvements [Member]
 
 
 
Description of Business [Abstract]
 
 
 
Property, Plant and Equipment, Useful Life, Average
15 years 
 
 
Furniture and Fixtures [Member] |
Minimum [Member]
 
 
 
Description of Business [Abstract]
 
 
 
Property, Plant and Equipment, Useful Life, Average
5 years 
 
 
Furniture and Fixtures [Member] |
Maximum [Member]
 
 
 
Description of Business [Abstract]
 
 
 
Property, Plant and Equipment, Useful Life, Average
7 years 
 
 
Leaseholds and Leasehold Improvements [Member] |
Minimum [Member]
 
 
 
Description of Business [Abstract]
 
 
 
Property, Plant and Equipment, Useful Life, Average
3 years 
 
 
Leaseholds and Leasehold Improvements [Member] |
Maximum [Member]
 
 
 
Description of Business [Abstract]
 
 
 
Property, Plant and Equipment, Useful Life, Average
10 years 
 
 
Highwoods Realty Limited Partnership [Member]
 
 
 
Description of Business [Abstract]
 
 
 
In-service office, industrial and retail properties (in units)
301 
 
 
Square footage of commercial property (in sq feet)
29,687,000 
 
 
Undeveloped land suitable for future development (in acres)
649.0 
 
 
Undeveloped land considered core holdings (in acres)
566 
 
 
Number of wholly owned office properties under development (in units)
1 
 
 
Percentage of equity interest in joint ventures maximum
50.00% 
 
 
Number of real estate properties not wholly owned (in units)
32 
 
 
Number of rental residential properties under development not wholly owned (in units)
1 
 
 
Area of undeveloped land not wholly owned (in acres)
11 
 
 
Ownership interest in unconsolidated property directly owned by the Company
12.50% 
 
 
Square footage of unconsolidated property directly owned by the Company (in sq feet)
261,000 
 
 
Consolidated in-service office properties not wholly owned (in units)
5 
 
 
Common Units of partnership owned (in shares)
79,900,000 
 
 
Percentage of ownership of Common Units
95.60% 
95.10% 
 
Number of directors of the Company who are also limited partners
2 
 
 
Common Units of partnership not owned by the Company (in shares)
3,700,000 
 
 
Number of common units required to convert to one share of common stock (in shares)
1 
 
 
Common Stock, par value (in dollars per share)
$ 0.01 
 
 
Number of trading days preceeding Redemption Notice Date (in days)
10 days 
 
 
Common units redeemed for a like number of common shares of stock (in shares)
63,366 
 
 
Common Units issued to acquire real estate assets (in shares)
66,864 
 
 
Real estate assets, depreciation expense
$ 129,000 
$ 120,800 
$ 117,600 
Maturity of highly liquid investments (in months)
3 months 
 
 
Percent of annual REIT taxable income required to pay to the Company's stockholders
90.00% 
 
 
Customers with leases on wholly owned properties
1,711 
 
 
Percent of annualized cash rental revenue derived from geographic locations
10.00% 
 
 
Limit of consolidated revenue generated by any single customer
10.00% 
 
 
Adjustment interval of variable debt interest rates, mimimum (in months)
1 month 
 
 
Adjustment interval of variable debt interest rates, maximum (in months)
3 months 
 
 
Highwoods Realty Limited Partnership [Member] |
Building [Member]
 
 
 
Description of Business [Abstract]
 
 
 
Property, Plant and Equipment, Useful Life, Average
40 years 
 
 
Highwoods Realty Limited Partnership [Member] |
Building Improvements [Member]
 
 
 
Description of Business [Abstract]
 
 
 
Property, Plant and Equipment, Useful Life, Average
15 years 
 
 
Highwoods Realty Limited Partnership [Member] |
Furniture and Fixtures [Member] |
Minimum [Member]
 
 
 
Description of Business [Abstract]
 
 
 
Property, Plant and Equipment, Useful Life, Average
5 years 
 
 
Highwoods Realty Limited Partnership [Member] |
Furniture and Fixtures [Member] |
Maximum [Member]
 
 
 
Description of Business [Abstract]
 
 
 
Property, Plant and Equipment, Useful Life, Average
7 years 
 
 
Highwoods Realty Limited Partnership [Member] |
Leaseholds and Leasehold Improvements [Member] |
Minimum [Member]
 
 
 
Description of Business [Abstract]
 
 
 
Property, Plant and Equipment, Useful Life, Average
3 years 
 
 
Highwoods Realty Limited Partnership [Member] |
Leaseholds and Leasehold Improvements [Member] |
Maximum [Member]
 
 
 
Description of Business [Abstract]
 
 
 
Property, Plant and Equipment, Useful Life, Average
10 years 
 
 
Real Estate Assets (Details) (USD $)
12 Months Ended
Dec. 31, 2012
acre
Dec. 31, 2011
Dec. 31, 2010
Acquisitions [Abstract]
 
 
 
Acquisition of development land (in acres)
649 
 
 
Common Units issued to acquire real estate assets (in shares)
66,864 
 
 
Business acquisition, contingent consideration at fair value
$ 563,000 
 
 
Acquisition-related costs
1,500,000 
 
 
Dispositions [Abstract]
 
 
 
Gain on disposition of discontinued operations
29,455,000 
2,573,000 
(86,000)
Gains on disposition of property
0 
764,000 
74,000 
Amount of impairment recorded on disposition
0 
2,429,000 
0 
Pro Forma 2012 Acquisitions [Member]
 
 
 
Acquisitions [Abstract]
 
 
 
Business acquisition, pro forma assumption date of acquisition
Jan. 01, 2011 
 
 
Business Acquisition, Purchase Price Allocation [Abstract]
 
 
 
Amount of real estate assets acquired
135,128,000 
 
 
Amount of acquisition-related intangible assets (in deferred leasing and financing costs) acquired
21,637,000 
 
 
Amount of acquisition-related intangible liabilities (in accounts payable, accrued liabilities and other expenses assumed)
(11,875,000)
 
 
Total consideration from the acquisition
144,890,000 
 
 
Business Acquisition, Pro Forma Information [Abstract]
 
 
 
Proforma rental and other revenues
530,613,000 
479,908,000 
 
Proforma net income
84,135,000 
44,817,000 
 
Proforma earnings per share - basic
$ 1.02 
$ 0.49 
 
Proforma earnings per share - diluted
$ 1.01 
$ 0.49 
 
Pro Forma 2011 Acquisitions [Member]
 
 
 
Acquisitions [Abstract]
 
 
 
Business acquisition, pro forma assumption date of acquisition
 
Jan. 01, 2010 
 
Business Acquisition, Purchase Price Allocation [Abstract]
 
 
 
Amount of real estate assets acquired
 
241,602,000 
 
Amount of acquisition-related intangible assets (in deferred leasing and financing costs) acquired
 
39,721,000 
 
Amount of furniture, fixtures and equipment (in prepaid and other assets) acquired
 
1,101,000 
 
Amount of acquisition-related intangible liabilities (in accounts payable, accrued liabilities and other expenses assumed)
 
(15,627,000)
 
Total consideration from the acquisition
 
266,797,000 
 
Business Acquisition, Pro Forma Information [Abstract]
 
 
 
Proforma rental and other revenues
 
505,072,000 
491,573,000 
Proforma net income
 
45,674,000 
65,409,000 
Proforma earnings per share - basic
 
$ 0.50 
$ 0.77 
Proforma earnings per share - diluted
 
$ 0.50 
$ 0.77 
Atlanta, GA Office Property Acquisition (2012) [Member]
 
 
 
Acquisitions [Abstract]
 
 
 
Net rentable square feet of acquisition (in sqft)
492,000 
 
 
Acquisition purchase price
144,900,000 
 
 
Acquisition-related costs
500,000 
 
 
Pittsburgh PA Office Property Acquisition (2012) [Member]
 
 
 
Acquisitions [Abstract]
 
 
 
Net rentable square feet of acquisition (in sqft)
616,000 
 
 
Acquisition purchase price
91,200,000 
 
 
Greensboro, NC Medical Office Properties Acquisition (2012) [Member]
 
 
 
Acquisitions [Abstract]
 
 
 
Number of office properties acquired
3 
 
 
Acquisition purchase price
29,600,000 
 
 
Common Units issued to acquire real estate assets (in shares)
66,864 
 
 
Business acquisition, contingent consideration at fair value
700,000 
 
 
Fair value of assumed debt from the acquisition
7,900,000 
 
 
Effective interest rate of assumed secured debt from the acquisition
4.06% 
 
 
Maturity of assumed debt from the acquisition
Aug. 01, 2014 
 
 
Cary, NC Office Property Acquisition (2012) [Member]
 
 
 
Acquisitions [Abstract]
 
 
 
Net rentable square feet of acquisition (in sqft)
178,300 
 
 
Acquisition purchase price
26,000,000 
 
 
Nashville TN Development Land Acquisition (2012) [Member]
 
 
 
Acquisitions [Abstract]
 
 
 
Acquisition of development land (in acres)
68.0 
 
 
Acquisition purchase price
15,000,000 
 
 
Square footage zoned for future development
1,300,000 
 
 
Atlanta GA Office Property Acquisition (2011) [Member]
 
 
 
Acquisitions [Abstract]
 
 
 
Net rentable square feet of acquisition (in sqft)
 
503,000 
 
Acquisition purchase price
 
78,300,000 
 
Fair value of assumed debt from the acquisition
 
67,900,000 
 
Effective interest rate of assumed secured debt from the acquisition
 
5.45% 
 
Maturity of assumed debt from the acquisition
 
Jan. 01, 2014 
 
Acquisition-related costs
 
300,000 
 
Pittsburgh PA Office Property Acquisition (2011) [Member]
 
 
 
Acquisitions [Abstract]
 
 
 
Net rentable square feet of acquisition (in sqft)
 
1,540,000 
 
Acquisition purchase price
 
188,500,000 
 
Fair value of assumed debt from the acquisition
 
124,500,000 
 
Effective interest rate of assumed secured debt from the acquisition
 
4.27% 
 
Maturity of assumed debt from the acquisition
 
Nov. 01, 2017 
 
Acquisition-related costs
 
4,000,000 
 
Raleigh NC Office Property Acquisition (2011) [Member]
 
 
 
Acquisitions [Abstract]
 
 
 
Net rentable square feet of acquisition (in sqft)
 
48,000 
 
Acquisition purchase price
 
8,900,000 
 
Acquisition-related costs
 
100,000 
 
Memphis TN Office Property Acquisition (2010) [Member]
 
 
 
Acquisitions [Abstract]
 
 
 
Net rentable square feet of acquisition (in sqft)
 
 
336,000 
Acquisition purchase price
 
 
52,600,000 
Fair value of assumed debt from the acquisition
 
 
40,300,000 
Effective interest rate of assumed secured debt from the acquisition
 
 
6.43% 
Maturity of assumed debt from the acquisition
 
 
Nov. 01, 2015 
Acquisition-related costs
 
 
400,000 
Tampa FL Office Property and Land Acquisition (2010) [Member]
 
 
 
Acquisitions [Abstract]
 
 
 
Net rentable square feet of acquisition (in sqft)
 
 
117,000 
Acquisition of development land (in acres)
 
 
32.6 
Acquisition purchase price
 
 
12,000,000 
Acquisition-related costs
 
 
200,000 
For Sale Residential Condominium JV Interest Acquisition (2010) [Member]
 
 
 
Acquisitions [Abstract]
 
 
 
Acquisition purchase price
 
 
500,000 
Atlanta GA and Jackson MS Office Properties Disposition (2012) [Member]
 
 
 
Dispositions [Abstract]
 
 
 
Number of office properties sold
3 
 
 
Gross proceeds from the sale of real estate
86,500,000 
 
 
Gain on disposition of discontinued operations
14,000,000 
 
 
Nashville, TN Office Properties Disposition (2012) [Member]
 
 
 
Dispositions [Abstract]
 
 
 
Number of office properties sold
5 
 
 
Gross proceeds from the sale of real estate
41,000,000 
 
 
Gain on disposition of discontinued operations
7,000,000 
 
 
Pinellas County, FL Office Property Disposition (2012) [Member]
 
 
 
Dispositions [Abstract]
 
 
 
Number of office properties sold
1 
 
 
Gross proceeds from the sale of real estate
9,500,000 
 
 
Gain on disposition of discontinued operations
1,400,000 
 
 
Kansas City, MO Office Property Disposition (2012) [Member]
 
 
 
Dispositions [Abstract]
 
 
 
Number of office properties sold
1 
 
 
Gross proceeds from the sale of real estate
6,500,000 
 
 
Gain on disposition of discontinued operations
1,900,000 
 
 
Kansas City, MO Rental Residential Disposition (2012) [Member]
 
 
 
Dispositions [Abstract]
 
 
 
Rental residential units (in units)
96 
 
 
Gross proceeds from the sale of real estate
11,000,000 
 
 
Gain on disposition of discontinued operations
5,100,000 
 
 
Raleigh NC Residential Condominiums Disposition (2012) [Member]
 
 
 
Dispositions [Abstract]
 
 
 
Rental residential units (in units)
17 
 
 
Gross proceeds from the sale of real estate
5,500,000 
 
 
Gain on disposition of discontinued operations
400,000 
 
 
Winston-Salem NC Disposition (2011) [Member]
 
 
 
Dispositions [Abstract]
 
 
 
Gross proceeds from the sale of real estate
 
15,000,000 
 
Gain on disposition of discontinued operations
 
2,600,000 
 
Gains on disposition of property
 
300,000 
 
Winston-Salem NC and Greensboro NC Office and Industrial Property Disposition (2010) [Member]
 
 
 
Dispositions [Abstract]
 
 
 
Number of office properties sold
 
 
7 
Number of industrial properties sold
 
 
6 
Number of transactions in disposition
 
 
2 
Gross proceeds from the sale of real estate
 
 
24,900,000 
Cash received from sale of real estate
 
 
7,900,000 
Amount of seller financing provided
 
 
17,000,000 
Additional potential seller financing commitment
 
 
1,700,000 
Amount of commited additional seller financing funded
200,000 
 
 
Amount of impairment recorded on disposition
 
 
300,000 
Deferred gain on sale of property
 
 
400,000 
Raleigh NC Office Property Disposition (2010) [Member]
 
 
 
Dispositions [Abstract]
 
 
 
Gains on disposition of property
 
 
200,000 
Orlando FL Office Property Impairment [Member]
 
 
 
Dispositions [Abstract]
 
 
 
Amount of impairment recorded on disposition
 
2,400,000 
 
Impairments [Abstract]
 
 
 
Number of long lived assets held for use impaired
 
2 
 
Highwoods Realty Limited Partnership [Member]
 
 
 
Acquisitions [Abstract]
 
 
 
Acquisition of development land (in acres)
649 
 
 
Common Units issued to acquire real estate assets (in shares)
66,864 
 
 
Business acquisition, contingent consideration at fair value
563,000 
 
 
Acquisition-related costs
1,500,000 
 
 
Dispositions [Abstract]
 
 
 
Gain on disposition of discontinued operations
29,455,000 
2,573,000 
(86,000)
Gains on disposition of property
0 
764,000 
74,000 
Amount of impairment recorded on disposition
0 
2,429,000 
0 
Highwoods Realty Limited Partnership [Member] |
Pro Forma 2012 Acquisitions [Member]
 
 
 
Acquisitions [Abstract]
 
 
 
Business acquisition, pro forma assumption date of acquisition
Jan. 01, 2011 
 
 
Business Acquisition, Purchase Price Allocation [Abstract]
 
 
 
Amount of real estate assets acquired
135,128,000 
 
 
Amount of acquisition-related intangible assets (in deferred leasing and financing costs) acquired
21,637,000 
 
 
Amount of acquisition-related intangible liabilities (in accounts payable, accrued liabilities and other expenses assumed)
(11,875,000)
 
 
Total consideration from the acquisition
144,890,000 
 
 
Business Acquisition, Pro Forma Information [Abstract]
 
 
 
Proforma rental and other revenues
530,613,000 
479,908,000 
 
Proforma net income
84,195,000 
44,878,000 
 
Proforma earnings per share - basic
$ 1.02 
$ 0.50 
 
Proforma earnings per share - diluted
$ 1.02 
$ 0.50 
 
Highwoods Realty Limited Partnership [Member] |
Pro Forma 2011 Acquisitions [Member]
 
 
 
Acquisitions [Abstract]
 
 
 
Business acquisition, pro forma assumption date of acquisition
 
Jan. 01, 2010 
 
Business Acquisition, Purchase Price Allocation [Abstract]
 
 
 
Amount of real estate assets acquired
 
241,602,000 
 
Amount of acquisition-related intangible assets (in deferred leasing and financing costs) acquired
 
39,721,000 
 
Amount of furniture, fixtures and equipment (in prepaid and other assets) acquired
 
1,101,000 
 
Amount of acquisition-related intangible liabilities (in accounts payable, accrued liabilities and other expenses assumed)
 
(15,627,000)
 
Total consideration from the acquisition
 
266,797,000 
 
Business Acquisition, Pro Forma Information [Abstract]
 
 
 
Proforma rental and other revenues
 
505,072,000 
491,573,000 
Proforma net income
 
38,470,000 
58,216,000 
Proforma earnings per share - basic
 
$ 0.51 
$ 0.78 
Proforma earnings per share - diluted
 
$ 0.51 
$ 0.77 
Highwoods Realty Limited Partnership [Member] |
Atlanta, GA Office Property Acquisition (2012) [Member]
 
 
 
Acquisitions [Abstract]
 
 
 
Net rentable square feet of acquisition (in sqft)
492,000 
 
 
Acquisition purchase price
144,900,000 
 
 
Acquisition-related costs
500,000 
 
 
Highwoods Realty Limited Partnership [Member] |
Pittsburgh PA Office Property Acquisition (2012) [Member]
 
 
 
Acquisitions [Abstract]
 
 
 
Net rentable square feet of acquisition (in sqft)
616,000 
 
 
Acquisition purchase price
91,200,000 
 
 
Highwoods Realty Limited Partnership [Member] |
Greensboro, NC Medical Office Properties Acquisition (2012) [Member]
 
 
 
Acquisitions [Abstract]
 
 
 
Number of office properties acquired
3 
 
 
Acquisition purchase price
29,600,000 
 
 
Common Units issued to acquire real estate assets (in shares)
66,864 
 
 
Business acquisition, contingent consideration at fair value
700,000 
 
 
Fair value of assumed debt from the acquisition
7,900,000 
 
 
Effective interest rate of assumed secured debt from the acquisition
4.06% 
 
 
Maturity of assumed debt from the acquisition
Aug. 01, 2014 
 
 
Highwoods Realty Limited Partnership [Member] |
Cary, NC Office Property Acquisition (2012) [Member]
 
 
 
Acquisitions [Abstract]
 
 
 
Net rentable square feet of acquisition (in sqft)
178,300 
 
 
Acquisition purchase price
26,000,000 
 
 
Highwoods Realty Limited Partnership [Member] |
Nashville TN Development Land Acquisition (2012) [Member]
 
 
 
Acquisitions [Abstract]
 
 
 
Acquisition of development land (in acres)
68.0 
 
 
Acquisition purchase price
15,000,000 
 
 
Square footage zoned for future development
1,300,000 
 
 
Highwoods Realty Limited Partnership [Member] |
Atlanta GA Office Property Acquisition (2011) [Member]
 
 
 
Acquisitions [Abstract]
 
 
 
Net rentable square feet of acquisition (in sqft)
 
503,000 
 
Acquisition purchase price
 
78,300,000 
 
Fair value of assumed debt from the acquisition
 
67,900,000 
 
Effective interest rate of assumed secured debt from the acquisition
 
5.45% 
 
Maturity of assumed debt from the acquisition
 
Jan. 01, 2014 
 
Acquisition-related costs
 
300,000 
 
Highwoods Realty Limited Partnership [Member] |
Pittsburgh PA Office Property Acquisition (2011) [Member]
 
 
 
Acquisitions [Abstract]
 
 
 
Net rentable square feet of acquisition (in sqft)
 
1,540,000 
 
Acquisition purchase price
 
188,500,000 
 
Fair value of assumed debt from the acquisition
 
124,500,000 
 
Effective interest rate of assumed secured debt from the acquisition
 
4.27% 
 
Maturity of assumed debt from the acquisition
 
Nov. 01, 2017 
 
Acquisition-related costs
 
4,000,000 
 
Highwoods Realty Limited Partnership [Member] |
Raleigh NC Office Property Acquisition (2011) [Member]
 
 
 
Acquisitions [Abstract]
 
 
 
Net rentable square feet of acquisition (in sqft)
 
48,000 
 
Acquisition purchase price
 
8,900,000 
 
Acquisition-related costs
 
100,000 
 
Highwoods Realty Limited Partnership [Member] |
Memphis TN Office Property Acquisition (2010) [Member]
 
 
 
Acquisitions [Abstract]
 
 
 
Net rentable square feet of acquisition (in sqft)
 
 
336,000 
Acquisition purchase price
 
 
52,600,000 
Fair value of assumed debt from the acquisition
 
 
40,300,000 
Effective interest rate of assumed secured debt from the acquisition
 
 
6.43% 
Maturity of assumed debt from the acquisition
 
 
Nov. 01, 2015 
Acquisition-related costs
 
 
400,000 
Highwoods Realty Limited Partnership [Member] |
Tampa FL Office Property and Land Acquisition (2010) [Member]
 
 
 
Acquisitions [Abstract]
 
 
 
Net rentable square feet of acquisition (in sqft)
 
 
117,000 
Acquisition of development land (in acres)
 
 
32.6 
Acquisition purchase price
 
 
12,000,000 
Acquisition-related costs
 
 
200,000 
Highwoods Realty Limited Partnership [Member] |
For Sale Residential Condominium JV Interest Acquisition (2010) [Member]
 
 
 
Acquisitions [Abstract]
 
 
 
Acquisition purchase price
 
 
500,000 
Highwoods Realty Limited Partnership [Member] |
Atlanta GA and Jackson MS Office Properties Disposition (2012) [Member]
 
 
 
Dispositions [Abstract]
 
 
 
Number of office properties sold
3 
 
 
Gross proceeds from the sale of real estate
86,500,000 
 
 
Gain on disposition of discontinued operations
14,000,000 
 
 
Highwoods Realty Limited Partnership [Member] |
Nashville, TN Office Properties Disposition (2012) [Member]
 
 
 
Dispositions [Abstract]
 
 
 
Number of office properties sold
5 
 
 
Gross proceeds from the sale of real estate
41,000,000 
 
 
Gain on disposition of discontinued operations
7,000,000 
 
 
Highwoods Realty Limited Partnership [Member] |
Pinellas County, FL Office Property Disposition (2012) [Member]
 
 
 
Dispositions [Abstract]
 
 
 
Number of office properties sold
1 
 
 
Gross proceeds from the sale of real estate
9,500,000 
 
 
Gain on disposition of discontinued operations
1,400,000 
 
 
Highwoods Realty Limited Partnership [Member] |
Kansas City, MO Office Property Disposition (2012) [Member]
 
 
 
Dispositions [Abstract]
 
 
 
Number of office properties sold
1 
 
 
Gross proceeds from the sale of real estate
6,500,000 
 
 
Gain on disposition of discontinued operations
1,900,000 
 
 
Highwoods Realty Limited Partnership [Member] |
Kansas City, MO Rental Residential Disposition (2012) [Member]
 
 
 
Dispositions [Abstract]
 
 
 
Rental residential units (in units)
96 
 
 
Gross proceeds from the sale of real estate
11,000,000 
 
 
Gain on disposition of discontinued operations
5,100,000 
 
 
Highwoods Realty Limited Partnership [Member] |
Raleigh NC Residential Condominiums Disposition (2012) [Member]
 
 
 
Dispositions [Abstract]
 
 
 
Rental residential units (in units)
17 
 
 
Gross proceeds from the sale of real estate
5,500,000 
 
 
Gain on disposition of discontinued operations
400,000 
 
 
Highwoods Realty Limited Partnership [Member] |
Winston-Salem NC Disposition (2011) [Member]
 
 
 
Dispositions [Abstract]
 
 
 
Gross proceeds from the sale of real estate
 
15,000,000 
 
Gain on disposition of discontinued operations
 
2,600,000 
 
Gains on disposition of property
 
300,000 
 
Highwoods Realty Limited Partnership [Member] |
Winston-Salem NC and Greensboro NC Office and Industrial Property Disposition (2010) [Member]
 
 
 
Dispositions [Abstract]
 
 
 
Number of office properties sold
 
 
7 
Number of industrial properties sold
 
 
6 
Number of transactions in disposition
 
 
2 
Gross proceeds from the sale of real estate
 
 
24,900,000 
Cash received from sale of real estate
 
 
7,900,000 
Amount of seller financing provided
 
 
17,000,000 
Additional potential seller financing commitment
 
 
1,700,000 
Amount of commited additional seller financing funded
200,000 
 
 
Gains on disposition of property
 
 
400,000 
Amount of impairment recorded on disposition
 
 
300,000 
Deferred gain on sale of property
 
 
400,000 
Highwoods Realty Limited Partnership [Member] |
Raleigh NC Office Property Disposition (2010) [Member]
 
 
 
Dispositions [Abstract]
 
 
 
Gains on disposition of property
 
 
200,000 
Highwoods Realty Limited Partnership [Member] |
Orlando FL Office Property Impairment [Member]
 
 
 
Dispositions [Abstract]
 
 
 
Amount of impairment recorded on disposition
 
$ 2,400,000 
 
Impairments [Abstract]
 
 
 
Number of long lived assets held for use impaired
 
2 
 
Mortgages and Notes Receivable (Details) (USD $)
12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended
Dec. 31, 2012
acre
Dec. 31, 2011
Dec. 31, 2010
Seller Financing [Member]
transactions
Dec. 31, 2012
Seller Financing [Member]
Dec. 31, 2011
Seller Financing [Member]
Dec. 31, 2012
Mortgage Receivable [Member]
acre
Dec. 31, 2011
Mortgage Receivable [Member]
Dec. 31, 2012
Promissory Notes [Member]
Dec. 31, 2011
Promissory Notes [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
acre
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
Dec. 31, 2010
Highwoods Realty Limited Partnership [Member]
Seller Financing [Member]
transactions
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Seller Financing [Member]
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
Seller Financing [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Mortgage Receivable [Member]
acre
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
Mortgage Receivable [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Promissory Notes [Member]
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
Promissory Notes [Member]
Mortgages and Notes Receivable, Net [Abstract]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mortgages and notes receivable, gross
 
 
 
$ 15,853,000 
$ 17,180,000 
$ 8,648,000 
$ 0 
$ 1,153,000 
$ 1,481,000 
 
 
 
$ 15,853,000 
$ 17,180,000 
$ 8,648,000 
$ 0 
$ 1,153,000 
$ 1,481,000 
Mortgages and notes receivable, allowance
(182,000)
(61,000)
 
0 
0 
0 
 
(182,000)
(61,000)
(182,000)
(61,000)
 
0 
0 
0 
 
(182,000)
(61,000)
Mortgages and notes receivable, net
25,472,000 
18,600,000 
 
15,853,000 
17,180,000 
8,648,000 
0 
971,000 
1,420,000 
25,472,000 
18,600,000 
 
15,853,000 
17,180,000 
8,648,000 
0 
971,000 
1,420,000 
Number of transactions with seller financing
 
 
2 
 
 
 
 
 
 
 
 
2 
 
 
 
 
 
 
Acquisition of development land (in acres)
 
 
 
 
 
77 
 
 
 
 
 
 
 
 
77 
 
 
 
Undeveloped land suitable for future development (in acres)
649 
 
 
 
 
68 
 
 
 
649 
 
 
 
 
68 
 
 
 
Mortgage receivable, maturity date
 
 
 
 
 
Dec. 01, 2015 
 
 
 
 
 
 
 
 
Dec. 01, 2015 
 
 
 
Mortgage receivable, current interest rate (in hundredths)
 
 
 
 
 
5.00% 
 
 
 
 
 
 
 
 
5.00% 
 
 
 
Term of optional extension
 
 
 
 
 
3 years 
 
 
 
 
 
 
 
 
3 years 
 
 
 
Additional loan commitment to third party
 
 
 
 
 
8,400,000 
 
 
 
 
 
 
 
 
8,400,000 
 
 
 
Financing Receivable, Allowance for Credit Losses [Roll Forward]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning notes receivable allowance
61,000 
868,000 
 
0 
0 
0 
 
182,000 
61,000 
61,000 
868,000 
 
0 
0 
0 
 
182,000 
61,000 
Bad debt expense
186,000 
196,000 
 
 
 
 
 
 
 
186,000 
196,000 
 
 
 
 
 
 
 
Recoveries/write-offs/other
(65,000)
(1,003,000)
 
 
 
 
 
 
 
(65,000)
(1,003,000)
 
 
 
 
 
 
 
Total notes receivable allowance
$ 182,000 
$ 61,000 
 
$ 0 
$ 0 
$ 0 
 
$ 182,000 
$ 61,000 
$ 182,000 
$ 61,000 
 
$ 0 
$ 0 
$ 0 
 
$ 182,000 
$ 61,000 
Investments In and Advances To Affiliates (Details) (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Assets [Abstract]
 
 
 
Real estate assets, net
$ 491,180,000 
$ 536,088,000 
 
All other assets, net
113,734,000 
96,944,000 
 
Total Assets
604,914,000 
633,032,000 
 
Liabilities and Partners' or Shareholders' Equity [Abstract]
 
 
 
Mortgages and notes payable
370,393,000 1
406,875,000 1
 
All other liabilities
24,507,000 
21,808,000 
 
Partners' or shareholders' equity
210,014,000 
204,349,000 
 
Total Liabilities and Partners' or Shareholders' Equity
604,914,000 
633,032,000 
 
Our share of historical partners' or shareholders' equity
63,847,000 
59,584,000 
 
Advances to unconsolidated affiliate
0 
38,323,000 
 
Net excess of cost of investments over the net book value of underlying net assets
2,953,000 2
2,460,000 2
 
Carrying value of investments in and advances to unconsolidated affiliates
66,800,000 
100,367,000 
 
Our share of unconsolidated non-recourse mortgage debt
137,261,000 1
146,926,000 1
 
Scheduled future principal payments [Abstract]
 
 
 
2013
23,458,000 
 
 
2014
57,163,000 
 
 
2015
21,821,000 
 
 
2016
1,054,000 
 
 
2017
26,452,000 
 
 
Thereafter
7,313,000 
 
 
Total scheduled future principal payments
137,261,000 1
146,926,000 1
 
Income Statement [Abstract]
 
 
 
Rental and other revenues
101,233,000 
100,958,000 
119,868,000 
Expenses:
 
 
 
Rental property and other expenses
47,762,000 
44,584,000 
56,868,000 
Depreciation and amortization
25,253,000 
26,430,000 
31,401,000 
Impairments of real estate assets
7,180,000 
0 
0 
Interest expense
20,953,000 
23,762,000 
27,956,000 
Total expenses
101,148,000 
94,776,000 
116,225,000 
Income before disposition of properties
85,000 
6,182,000 
3,643,000 
Gains on disposition of properties
11,184,000 
0 
0 
Net income
11,269,000 
6,182,000 
3,643,000 
Our share of:
 
 
 
Depreciation and amortization of real estate assets
7,736,000 
8,388,000 
10,471,000 
Impairments of real estate assets
1,002,000 
0 
0 
Interest expense
7,368,000 
8,163,000 
10,545,000 
Net gain on disposition of depreciable properties
1,120,000 
0 
0 
Net income
3,304,000 
2,429,000 
1,466,000 
Our share of net income
3,304,000 
2,429,000 
1,466,000 
Adjustment for management and other fees
1,731,000 
2,449,000 
2,355,000 
Equity in earnings of unconsolidated affiliates
5,035,000 
4,878,000 
3,821,000 
Percentage of equity interest in joint ventures, maximum
50.00% 
 
 
Net gain on disposition of property
11,184,000 
0 
0 
Our proportionate share of gain on disposition of property
1,120,000 
0 
0 
Advance to unconsolidated affiliate loan amount
0 
(38,323,000)
 
Gain on disposition of investment of unconsolidated affiliate
0 
2,282,000 
25,330,000 
Development, management and leasing fees revenue
2,400,000 
3,100,000 
2,700,000 
Receivables from management and leasing fees
900,000 
1,000,000 
 
Consolidated Affiliates:
 
 
 
Joint venture partner's interest in consolidated affiliates
50.00% 
 
 
Concourse Center Associates, LLC Joint Venture [Member]
 
 
 
Our share of:
 
 
 
Percentage of equity interest in joint ventures, maximum
50.00% 
 
 
Plaza Colonnade, LLC Joint Venture [Member]
 
 
 
Our share of:
 
 
 
Percentage of equity interest in joint ventures, maximum
50.00% 
 
 
Lofts at Weston, LLC Joint Venture [Member]
 
 
 
Expenses:
 
 
 
Gains on disposition of properties
 
300,000 
 
Our share of:
 
 
 
Percentage of equity interest in joint ventures, maximum
50.00% 
 
 
Contribution of land (in acres)
 
15.0 
 
Contribution of property to unconsolidated affiliate
 
2,400,000 
 
Payments to acquire interest in joint venture by partner
 
1,200,000 
 
Distribution by joint venture for land contribution
 
1,200,000 
 
Net gain on disposition of property
 
300,000 
 
Rental residential units (in units)
 
215 
 
Total cost to construct rental residential units
 
25,900,000 
 
Development costs incurred to date
15,200,000 
 
 
Board of Trade Investment Company Joint Venture [Member]
 
 
 
Our share of:
 
 
 
Percentage of equity interest in joint ventures, maximum
49.00% 
 
 
Highwoods DLF 97/26 DLF 99/32, LP Joint Venture [Member]
 
 
 
Our share of:
 
 
 
Percentage of equity interest in joint ventures, maximum
42.90% 
 
 
Joint venture principal amount of debt
50,000,000 
 
 
Term of debt instrument (in years)
3 years 
 
 
Current fixed interest rate (in hundredths)
3.50% 
 
 
Amount of loan related to fixed interest rate
39,100,000 
 
 
Floating interest rate, interest rate basis
LIBOR plus 250 basis points 
 
 
Current floating interest rate (in hundredths)
2.50% 
 
 
Amount of loan related to floating interest rate
10,900,000 
 
 
Highwoods KC Glenridge Office, LLC Joint Venture [Member]
 
 
 
Our share of:
 
 
 
Percentage of equity interest in joint ventures, maximum
40.00% 
 
 
Highwoods KC Glenridge Land, LLC Joint Venture [Member]
 
 
 
Our share of:
 
 
 
Percentage of equity interest in joint ventures, maximum
39.90% 
 
 
HIW-KC Orlando, LLC Joint Venture [Member]
 
 
 
Our share of:
 
 
 
Percentage of equity interest in joint ventures, maximum
40.00% 
 
 
Kessinger Hunter, LLC Joint Venture [Member]
 
 
 
Our share of:
 
 
 
Percentage of equity interest in joint ventures, maximum
26.50% 
 
 
Amount of related party transaction
1,100,000 
2,100,000 
800,000 
Highwoods DLF Forum, LLC Joint Venture [Member]
 
 
 
Our share of:
 
 
 
Percentage of equity interest in joint ventures, maximum
25.00% 
 
 
Highwoods DLF 98/29, LLC Joint Venture [Member]
 
 
 
Liabilities and Partners' or Shareholders' Equity [Abstract]
 
 
 
Advances to unconsolidated affiliate
 
(38,300,000)
 
Expenses:
 
 
 
Gains on disposition of properties
4,900,000 
 
 
Our share of:
 
 
 
Net gain on disposition of depreciable properties
1,100,000 
 
 
Percentage of equity interest in joint ventures, maximum
22.80% 
 
 
Net gain on disposition of property
4,900,000 
 
 
Number of office properties sold
2 
 
 
Gross proceeds from disposition of property
15,500,000 
 
 
Our proportionate share of gain on disposition of property
1,100,000 
 
 
Our proportionate share of impairment of assets in discontinued operations
1,000,000 
 
 
Number of office properties impaired
 
2 
 
Advance to unconsolidated affiliate loan amount
 
38,300,000 
 
Advance to unconsolidated affiliate, scheduled loan maturity date
 
Mar. 31, 2012 
 
Interest income received from advance to unconsolidated affiliate
900,000 
1,300,000 
 
4600 Madison Associates, LLC Joint Venture [Member]
 
 
 
Our share of:
 
 
 
Percentage of equity interest in joint ventures, maximum
12.50% 
 
 
Des Moines, IA Joint Ventures [Member]
 
 
 
Our share of:
 
 
 
Rental residential units (in units)
 
 
418 
Gross proceeds from disposition of property
 
 
15,000,000 
Square footage of real estate office property (in sq feet)
 
 
1,700,000 
Square footage of real estate industrial property (in sq feet)
 
 
788,000 
Square footage of real estate retail property (in sq feet)
 
 
45,000 
Gain on disposition of investment of unconsolidated affiliate
 
 
25,300,000 
HIW Development B Joint Venture [Member]
 
 
 
Our share of:
 
 
 
Percentage of equity interest in joint ventures, maximum
10.00% 
 
 
Gross proceeds from disposition of property
 
4,800,000 
 
Gain on disposition of investment of unconsolidated affiliate
 
2,300,000 
 
Highwoods-Markel Associates, LLC Joint Venture [Member]
 
 
 
Consolidated Affiliates:
 
 
 
Percentage of equity interest in consolidated affiliates
50.00% 
 
 
Fair value of noncontrolling interests in consolidated affiliate
15,600,000 
 
 
SF-Harborview Plaza, LP Joint Venture [Member]
 
 
 
Consolidated Affiliates:
 
 
 
Percentage of equity interest in consolidated affiliates
20.00% 
 
 
Advance to consolidated affiliate
20,800,000 
 
 
Term of debt instrument (in years)
3 years 
 
 
Advance to consolidated affiliate, scheduled maturity date
Sep. 30, 2015 
 
 
Interest rate basis
LIBOR plus basis points 
 
 
Interest rate, basis spread
5.00% 
 
 
Interest rate floor
0.50% 
 
 
Plaza Residential, LLC Joint Venture [Member]
 
 
 
Our share of:
 
 
 
Rental residential units (in units)
 
 
139 
Consolidated Affiliates:
 
 
 
Percentage of equity interest in consolidated affiliates
 
 
93.00% 
Joint venture partner's interest in consolidated affiliates
 
 
7.00% 
Acquisition amount of joint venture partner's interest in consolidated affiliate
 
 
500,000 
Gross proceeds received from disposition of investment in unconsolidated affiliate
5,500,000 
3,200,000 
5,300,000 
Cost of assets sold from condominium sales recorded
5,100,000 
3,500,000 
5,000,000 
Highwoods Realty Limited Partnership [Member]
 
 
 
Assets [Abstract]
 
 
 
Real estate assets, net
480,245,000 
523,992,000 
 
All other assets, net
112,295,000 
95,504,000 
 
Total Assets
592,540,000 
619,496,000 
 
Liabilities and Partners' or Shareholders' Equity [Abstract]
 
 
 
Mortgages and notes payable
360,944,000 
396,977,000 
 
All other liabilities
23,983,000 
21,121,000 
 
Partners' or shareholders' equity
207,613,000 
201,398,000 
 
Total Liabilities and Partners' or Shareholders' Equity
592,540,000 
619,496,000 
 
Our share of historical partners' or shareholders' equity
63,546,000 
59,215,000 
 
Advances to unconsolidated affiliate
0 
38,323,000 
 
Net excess of cost of investments over the net book value of underlying net assets
2,267,000 2
1,758,000 2
 
Carrying value of investments in and advances to unconsolidated affiliates
65,813,000 
99,296,000 
 
Our share of unconsolidated non-recourse mortgage debt
136,080,000 1
145,689,000 1
 
Scheduled future principal payments [Abstract]
 
 
 
2013
23,427,000 
 
 
2014
57,130,000 
 
 
2015
21,786,000 
 
 
2016
1,017,000 
 
 
2017
26,412,000 
 
 
Thereafter
6,308,000 
 
 
Total scheduled future principal payments
136,080,000 1
145,689,000 1
 
Income Statement [Abstract]
 
 
 
Rental and other revenues
97,225,000 
96,771,000 
115,826,000 
Expenses:
 
 
 
Rental property and other expenses
45,391,000 
42,052,000 
54,695,000 
Depreciation and amortization
24,007,000 
25,184,000 
29,945,000 
Impairments of real estate assets
7,180,000 
0 
0 
Interest expense
20,296,000 
23,062,000 
27,187,000 
Total expenses
96,874,000 
90,298,000 
111,827,000 
Income before disposition of properties
351,000 
6,473,000 
3,999,000 
Gains on disposition of properties
11,184,000 
0 
0 
Net income
11,535,000 
6,473,000 
3,999,000 
Our share of:
 
 
 
Depreciation and amortization of real estate assets
7,580,000 
8,232,000 
10,318,000 
Impairments of real estate assets
12,924,000 
0 
0 
Interest expense
7,286,000 
8,075,000 
10,449,000 
Net gain on disposition of depreciable properties
1,120,000 
0 
0 
Net income
3,337,000 
2,585,000 
1,483,000 
Our share of net income
3,337,000 
2,585,000 
1,483,000 
Adjustment for management and other fees
1,758,000 
2,354,000 
2,311,000 
Equity in earnings of unconsolidated affiliates
5,095,000 
4,939,000 
3,794,000 
Percentage of equity interest in joint ventures, maximum
50.00% 
 
 
Net gain on disposition of property
11,184,000 
0 
0 
Our proportionate share of gain on disposition of property
1,120,000 
0 
0 
Advance to unconsolidated affiliate loan amount
0 
(38,323,000)
 
Gain on disposition of investment of unconsolidated affiliate
0 
2,282,000 
25,330,000 
Development, management and leasing fees revenue
2,400,000 
3,100,000 
2,700,000 
Receivables from management and leasing fees
900,000 
1,000,000 
 
Consolidated Affiliates:
 
 
 
Joint venture partner's interest in consolidated affiliates
50.00% 
 
 
Highwoods Realty Limited Partnership [Member] |
Concourse Center Associates, LLC Joint Venture [Member]
 
 
 
Our share of:
 
 
 
Percentage of equity interest in joint ventures, maximum
50.00% 
 
 
Highwoods Realty Limited Partnership [Member] |
Plaza Colonnade, LLC Joint Venture [Member]
 
 
 
Our share of:
 
 
 
Percentage of equity interest in joint ventures, maximum
50.00% 
 
 
Highwoods Realty Limited Partnership [Member] |
Lofts at Weston, LLC Joint Venture [Member]
 
 
 
Expenses:
 
 
 
Gains on disposition of properties
 
300,000 
 
Our share of:
 
 
 
Percentage of equity interest in joint ventures, maximum
50.00% 
 
 
Contribution of land (in acres)
 
15.0 
 
Contribution of property to unconsolidated affiliate
 
2,400,000 
 
Payments to acquire interest in joint venture by partner
 
1,200,000 
 
Distribution by joint venture for land contribution
 
1,200,000 
 
Net gain on disposition of property
 
300,000 
 
Rental residential units (in units)
 
215 
 
Total cost to construct rental residential units
 
25,900,000 
 
Development costs incurred to date
15,200,000 
 
 
Highwoods Realty Limited Partnership [Member] |
Board of Trade Investment Company Joint Venture [Member]
 
 
 
Our share of:
 
 
 
Percentage of equity interest in joint ventures, maximum
49.00% 
 
 
Highwoods Realty Limited Partnership [Member] |
Highwoods DLF 97/26 DLF 99/32, LP Joint Venture [Member]
 
 
 
Our share of:
 
 
 
Percentage of equity interest in joint ventures, maximum
42.90% 
 
 
Joint venture principal amount of debt
50,000,000 
 
 
Term of debt instrument (in years)
3 years 
 
 
Current fixed interest rate (in hundredths)
3.50% 
 
 
Amount of loan related to fixed interest rate
39,100,000 
 
 
Floating interest rate, interest rate basis
LIBOR plus 250 basis points 
 
 
Current floating interest rate (in hundredths)
2.50% 
 
 
Amount of loan related to floating interest rate
10,900,000 
 
 
Highwoods Realty Limited Partnership [Member] |
Highwoods KC Glenridge Office, LLC Joint Venture [Member]
 
 
 
Our share of:
 
 
 
Percentage of equity interest in joint ventures, maximum
40.00% 
 
 
Highwoods Realty Limited Partnership [Member] |
Highwoods KC Glenridge Land, LLC Joint Venture [Member]
 
 
 
Our share of:
 
 
 
Percentage of equity interest in joint ventures, maximum
39.90% 
 
 
Highwoods Realty Limited Partnership [Member] |
HIW-KC Orlando, LLC Joint Venture [Member]
 
 
 
Our share of:
 
 
 
Percentage of equity interest in joint ventures, maximum
40.00% 
 
 
Highwoods Realty Limited Partnership [Member] |
Kessinger Hunter, LLC Joint Venture [Member]
 
 
 
Our share of:
 
 
 
Percentage of equity interest in joint ventures, maximum
26.50% 
 
 
Amount of related party transaction
1,100,000 
2,100,000 
800,000 
Highwoods Realty Limited Partnership [Member] |
Highwoods DLF Forum, LLC Joint Venture [Member]
 
 
 
Our share of:
 
 
 
Percentage of equity interest in joint ventures, maximum
25.00% 
 
 
Highwoods Realty Limited Partnership [Member] |
Highwoods DLF 98/29, LLC Joint Venture [Member]
 
 
 
Liabilities and Partners' or Shareholders' Equity [Abstract]
 
 
 
Advances to unconsolidated affiliate
 
(38,300,000)
 
Expenses:
 
 
 
Gains on disposition of properties
4,900,000 
 
 
Our share of:
 
 
 
Net gain on disposition of depreciable properties
1,100,000 
 
 
Percentage of equity interest in joint ventures, maximum
22.80% 
 
 
Net gain on disposition of property
4,900,000 
 
 
Number of office properties sold
2 
 
 
Gross proceeds from disposition of property
15,500,000 
 
 
Our proportionate share of gain on disposition of property
1,100,000 
 
 
Our proportionate share of impairment of assets in discontinued operations
1,000,000 
 
 
Number of office properties impaired
 
2 
 
Advance to unconsolidated affiliate loan amount
 
38,300,000 
 
Advance to unconsolidated affiliate, scheduled loan maturity date
 
Mar. 31, 2012 
 
Interest income received from advance to unconsolidated affiliate
900,000 
1,300,000 
 
Consolidated Affiliates:
 
 
 
Limited Liability Company or Limited Partnership, Business, Formation Date
Feb. 10, 1999 
 
 
Highwoods Realty Limited Partnership [Member] |
Des Moines, IA Joint Ventures [Member]
 
 
 
Our share of:
 
 
 
Percentage of equity interest in joint ventures, maximum
 
 
50.00% 
Rental residential units (in units)
 
 
418 
Gross proceeds from disposition of property
 
 
15,000,000 
Square footage of real estate office property (in sq feet)
 
 
1,700,000 
Square footage of real estate industrial property (in sq feet)
 
 
788,000 
Square footage of real estate retail property (in sq feet)
 
 
45,000 
Gain on disposition of investment of unconsolidated affiliate
 
 
25,300,000 
Highwoods Realty Limited Partnership [Member] |
HIW Development B Joint Venture [Member]
 
 
 
Our share of:
 
 
 
Percentage of equity interest in joint ventures, maximum
 
10.00% 
 
Gross proceeds from disposition of property
 
4,800,000 
 
Gain on disposition of investment of unconsolidated affiliate
 
2,300,000 
 
Highwoods Realty Limited Partnership [Member] |
Highwoods-Markel Associates, LLC Joint Venture [Member]
 
 
 
Consolidated Affiliates:
 
 
 
Percentage of equity interest in consolidated affiliates
50.00% 
 
 
Fair value of noncontrolling interests in consolidated affiliate
15,600,000 
 
 
Highwoods Realty Limited Partnership [Member] |
SF-Harborview Plaza, LP Joint Venture [Member]
 
 
 
Consolidated Affiliates:
 
 
 
Percentage of equity interest in consolidated affiliates
20.00% 
 
 
Advance to consolidated affiliate
20,800,000 
 
 
Term of debt instrument (in years)
3 years 
 
 
Advance to consolidated affiliate, scheduled maturity date
Sep. 30, 2015 
 
 
Interest rate, basis spread
5.00% 
 
 
Interest rate floor
0.50% 
 
 
Highwoods Realty Limited Partnership [Member] |
Plaza Residential, LLC Joint Venture [Member]
 
 
 
Our share of:
 
 
 
Rental residential units (in units)
 
 
139 
Consolidated Affiliates:
 
 
 
Percentage of equity interest in consolidated affiliates
 
 
93.00% 
Joint venture partner's interest in consolidated affiliates
 
 
7.00% 
Acquisition amount of joint venture partner's interest in consolidated affiliate
 
 
500,000 
Gross proceeds received from disposition of investment in unconsolidated affiliate
5,500,000 
3,200,000 
5,300,000 
Cost of assets sold from condominium sales recorded
$ 5,100,000 
$ 3,500,000 
$ 5,000,000 
Intangible Assets and Below Market Lease Liabilities (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Intangible assets and below market lease liabilities, net [Abstract]
 
 
 
Deferred financing and leasing costs, accumulated amortization
$ (77,383)
$ (62,319)
 
Deferred financing and leasing costs, net/Total scheduled future amortization of intangible assets
170,023 
127,774 
 
Amortization of intangible assets and below market lease liabilities
 
 
 
Acquired intangible assets (amortized in rental and other revenue)
2,636 
 
 
Acquired intangible assets (amortized in depreciation and amortization)
37,247 
 
 
Acquired intangible assets (amortized in rental property and other expenses)
4,593 
 
 
Assumed below market lease liabilities (amortized in rental and other revenue)
(20,934)
 
 
Deferred Financing Costs [Member]
 
 
 
Intangible assets and below market lease liabilities, net [Abstract]
 
 
 
Deferred financing and leasing costs, gross
21,759 
18,044 
 
Deferred financing and leasing costs, accumulated amortization
(7,862)
(5,797)
 
Deferred financing and leasing costs, net/Total scheduled future amortization of intangible assets
13,897 
12,247 
 
Amortization of intangible assets and below market lease liabilities
 
 
 
Amortization of intangible assets
3,685 
3,312 
3,385 
Deferred Leasing Costs [Member]
 
 
 
Intangible assets and below market lease liabilities, net [Abstract]
 
 
 
Deferred financing and leasing costs, gross
225,647 
172,049 
 
Deferred financing and leasing costs, accumulated amortization
(69,521)
(56,522)
 
Deferred financing and leasing costs, net/Total scheduled future amortization of intangible assets
156,126 
115,527 
 
Deferred Leasing Costs and Acquisition-Related Intangible Assets [Member]
 
 
 
Intangible assets and below market lease liabilities, net [Abstract]
 
 
 
Deferred financing and leasing costs, net/Total scheduled future amortization of intangible assets
139,814 
 
 
Amortization of intangible assets and below market lease liabilities
 
 
 
Amortization of intangible assets
27,731 
20,980 
17,383 
Lease Incentives [Member]
 
 
 
Intangible assets and below market lease liabilities, net [Abstract]
 
 
 
Deferred financing and leasing costs, net/Total scheduled future amortization of intangible assets
6,858 
 
 
Amortization of intangible assets and below market lease liabilities
 
 
 
Amortization of intangible assets
1,439 
1,371 
1,239 
Acquisition-Related Intangible Assets (in Rental and Other Revenue) [Member]
 
 
 
Intangible assets and below market lease liabilities, net [Abstract]
 
 
 
Deferred financing and leasing costs, net/Total scheduled future amortization of intangible assets
5,046 
 
 
Amortization of intangible assets and below market lease liabilities
 
 
 
Amortization of intangible assets
1,357 
915 
531 
Acquisition-Related Intangible Assets (in Rental Property and Other Expenses) [Member]
 
 
 
Intangible assets and below market lease liabilities, net [Abstract]
 
 
 
Deferred financing and leasing costs, net/Total scheduled future amortization of intangible assets
4,408 
 
 
Amortization of intangible assets and below market lease liabilities
 
 
 
Amortization of intangible assets
186 
0 
0 
Acquisition-Related Below Market Lease Liabilities [Member]
 
 
 
Intangible assets and below market lease liabilities, net [Abstract]
 
 
 
Acquisition-related below market lease liabilities, gross
37,019 
16,441 
 
Acquisition-related below market lease liabilities, accumulated amortization
(3,383)
(971)
 
Acquisition-related below market lease liabilities, net
33,636 
15,470 
 
Amortization of intangible assets and below market lease liabilities
 
 
 
Amortization of acquisition-related below market lease liabilities
(2,627)
(840)
(96)
Highwoods Realty Limited Partnership [Member]
 
 
 
Intangible assets and below market lease liabilities, net [Abstract]
 
 
 
Deferred financing and leasing costs, accumulated amortization
(77,383)
(62,319)
 
Deferred financing and leasing costs, net/Total scheduled future amortization of intangible assets
170,023 
127,774 
 
Amortization of intangible assets and below market lease liabilities
 
 
 
Acquired intangible assets (amortized in rental and other revenue)
2,636 
 
 
Acquired intangible assets (amortized in depreciation and amortization)
37,247 
 
 
Acquired intangible assets (amortized in rental property and other expenses)
4,593 
 
 
Assumed below market lease liabilities (amortized in rental and other revenue)
(20,934)
 
 
Highwoods Realty Limited Partnership [Member] |
Deferred Financing Costs [Member]
 
 
 
Intangible assets and below market lease liabilities, net [Abstract]
 
 
 
Deferred financing and leasing costs, gross
21,759 
18,044 
 
Deferred financing and leasing costs, accumulated amortization
(7,862)
(5,797)
 
Deferred financing and leasing costs, net/Total scheduled future amortization of intangible assets
13,897 
12,247 
 
Amortization of intangible assets and below market lease liabilities
 
 
 
Amortization of intangible assets
3,685 
3,312 
3,385 
Highwoods Realty Limited Partnership [Member] |
Deferred Leasing Costs [Member]
 
 
 
Intangible assets and below market lease liabilities, net [Abstract]
 
 
 
Deferred financing and leasing costs, gross
225,647 
172,049 
 
Deferred financing and leasing costs, accumulated amortization
(69,521)
(56,522)
 
Deferred financing and leasing costs, net/Total scheduled future amortization of intangible assets
156,126 
115,527 
 
Highwoods Realty Limited Partnership [Member] |
Deferred Leasing Costs and Acquisition-Related Intangible Assets [Member]
 
 
 
Intangible assets and below market lease liabilities, net [Abstract]
 
 
 
Deferred financing and leasing costs, net/Total scheduled future amortization of intangible assets
139,814 
 
 
Amortization of intangible assets and below market lease liabilities
 
 
 
Amortization of intangible assets
27,731 
20,980 
17,383 
Highwoods Realty Limited Partnership [Member] |
Lease Incentives [Member]
 
 
 
Intangible assets and below market lease liabilities, net [Abstract]
 
 
 
Deferred financing and leasing costs, net/Total scheduled future amortization of intangible assets
6,858 
 
 
Amortization of intangible assets and below market lease liabilities
 
 
 
Amortization of intangible assets
1,439 
1,371 
1,239 
Highwoods Realty Limited Partnership [Member] |
Acquisition-Related Intangible Assets (in Rental and Other Revenue) [Member]
 
 
 
Intangible assets and below market lease liabilities, net [Abstract]
 
 
 
Deferred financing and leasing costs, net/Total scheduled future amortization of intangible assets
5,046 
 
 
Amortization of intangible assets and below market lease liabilities
 
 
 
Amortization of intangible assets
1,357 
915 
531 
Highwoods Realty Limited Partnership [Member] |
Acquisition-Related Intangible Assets (in Rental Property and Other Expenses) [Member]
 
 
 
Intangible assets and below market lease liabilities, net [Abstract]
 
 
 
Deferred financing and leasing costs, net/Total scheduled future amortization of intangible assets
4,408 
 
 
Amortization of intangible assets and below market lease liabilities
 
 
 
Amortization of intangible assets
186 
0 
0 
Highwoods Realty Limited Partnership [Member] |
Acquisition-Related Below Market Lease Liabilities [Member]
 
 
 
Intangible assets and below market lease liabilities, net [Abstract]
 
 
 
Acquisition-related below market lease liabilities, gross
37,019 
16,441 
 
Acquisition-related below market lease liabilities, accumulated amortization
(3,383)
(971)
 
Acquisition-related below market lease liabilities, net
33,636 
15,470 
 
Amortization of intangible assets and below market lease liabilities
 
 
 
Amortization of acquisition-related below market lease liabilities
$ (2,627)
$ (840)
$ (96)
Intangible Assets and Below Market Lease Liabilities Intangible Assets and Below Market Lease Liabilities - Scheduled Future Amortization (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Scheduled future amortization of intangible assets [Abstract]
 
 
Deferred financing and leasing costs, net/Total scheduled future amortization of intangible assets
$ 170,023 
$ 127,774 
Deferred Financing Costs [Member]
 
 
Scheduled future amortization of intangible assets [Abstract]
 
 
2013
3,521 
 
2014
3,224 
 
2015
2,594 
 
2016
1,519 
 
2017
1,225 
 
Thereafter
1,814 
 
Deferred financing and leasing costs, net/Total scheduled future amortization of intangible assets
13,897 
12,247 
Weighted average remaining amortization periods for intangible assets and liabilities [Abstract]
 
 
Intangible assets, weighted average useful life (in years)
4 years 7 months 12 days 
 
Deferred Leasing Costs and Acquisition-Related Intangible Assets [Member]
 
 
Scheduled future amortization of intangible assets [Abstract]
 
 
2013
29,636 
 
2014
25,200 
 
2015
20,391 
 
2016
16,877 
 
2017
14,141 
 
Thereafter
33,569 
 
Deferred financing and leasing costs, net/Total scheduled future amortization of intangible assets
139,814 
 
Weighted average remaining amortization periods for intangible assets and liabilities [Abstract]
 
 
Intangible assets, weighted average useful life (in years)
6 years 11 months 
 
Lease Incentives [Member]
 
 
Scheduled future amortization of intangible assets [Abstract]
 
 
2013
1,314 
 
2014
1,163 
 
2015
928 
 
2016
734 
 
2017
654 
 
Thereafter
2,065 
 
Deferred financing and leasing costs, net/Total scheduled future amortization of intangible assets
6,858 
 
Weighted average remaining amortization periods for intangible assets and liabilities [Abstract]
 
 
Intangible assets, weighted average useful life (in years)
7 years 8 months 15 days 
 
Acquisition-Related Intangible Assets (in Rental and Other Revenue) [Member]
 
 
Scheduled future amortization of intangible assets [Abstract]
 
 
2013
1,277 
 
2014
989 
 
2015
754 
 
2016
659 
 
2017
587 
 
Thereafter
780 
 
Deferred financing and leasing costs, net/Total scheduled future amortization of intangible assets
5,046 
 
Weighted average remaining amortization periods for intangible assets and liabilities [Abstract]
 
 
Intangible assets, weighted average useful life (in years)
5 years 7 months 12 days 
 
Acquired intangible assets, weighted average useful life (in years)
5 years 3 months 15 days 
 
Acquisition-Related Intangible Assets (amortized in Depreciation and Amortization) [Member]
 
 
Weighted average remaining amortization periods for intangible assets and liabilities [Abstract]
 
 
Acquired intangible assets, weighted average useful life (in years)
8 years 8 months 15 days 
 
Acquisition-Related Intangible Assets (in Rental Property and Other Expenses) [Member]
 
 
Scheduled future amortization of intangible assets [Abstract]
 
 
2013
553 
 
2014
553 
 
2015
553 
 
2016
553 
 
2017
553 
 
Thereafter
1,643 
 
Deferred financing and leasing costs, net/Total scheduled future amortization of intangible assets
4,408 
 
Weighted average remaining amortization periods for intangible assets and liabilities [Abstract]
 
 
Intangible assets, weighted average useful life (in years)
8 years 
 
Acquired intangible assets, weighted average useful life (in years)
8 years 
 
Acquisition-Related Below Market Lease Liabilities [Member]
 
 
Scheduled future amortization of below market lease liabilites [Abstract]
 
 
2013
(4,149)
 
2014
(4,067)
 
2015
(3,801)
 
2016
(3,499)
 
2017
(3,256)
 
Thereafter
(14,864)
 
Total scheduled future amortization of below market lease liabilities
(33,636)
(15,470)
Weighted average remaining amortization periods for intangible assets and liabilities [Abstract]
 
 
Below market lease liabilities, weighted average useful life (in years)
9 years 11 months 
 
Assumed below market lease liabilities, weighted average useful life (in years)
10 years 7 months 12 days 
 
Highwoods Realty Limited Partnership [Member]
 
 
Scheduled future amortization of intangible assets [Abstract]
 
 
Deferred financing and leasing costs, net/Total scheduled future amortization of intangible assets
170,023 
127,774 
Highwoods Realty Limited Partnership [Member] |
Deferred Financing Costs [Member]
 
 
Scheduled future amortization of intangible assets [Abstract]
 
 
2013
3,521 
 
2014
3,224 
 
2015
2,594 
 
2016
1,519 
 
2017
1,225 
 
Thereafter
1,814 
 
Deferred financing and leasing costs, net/Total scheduled future amortization of intangible assets
13,897 
12,247 
Weighted average remaining amortization periods for intangible assets and liabilities [Abstract]
 
 
Intangible assets, weighted average useful life (in years)
4 years 7 months 12 days 
 
Highwoods Realty Limited Partnership [Member] |
Deferred Leasing Costs and Acquisition-Related Intangible Assets [Member]
 
 
Scheduled future amortization of intangible assets [Abstract]
 
 
2013
29,636 
 
2014
25,200 
 
2015
20,391 
 
2016
16,877 
 
2017
14,141 
 
Thereafter
33,569 
 
Deferred financing and leasing costs, net/Total scheduled future amortization of intangible assets
139,814 
 
Weighted average remaining amortization periods for intangible assets and liabilities [Abstract]
 
 
Intangible assets, weighted average useful life (in years)
6 years 11 months 
 
Highwoods Realty Limited Partnership [Member] |
Lease Incentives [Member]
 
 
Scheduled future amortization of intangible assets [Abstract]
 
 
2013
1,314 
 
2014
1,163 
 
2015
928 
 
2016
734 
 
2017
654 
 
Thereafter
2,065 
 
Deferred financing and leasing costs, net/Total scheduled future amortization of intangible assets
6,858 
 
Weighted average remaining amortization periods for intangible assets and liabilities [Abstract]
 
 
Intangible assets, weighted average useful life (in years)
7 years 8 months 15 days 
 
Highwoods Realty Limited Partnership [Member] |
Acquisition-Related Intangible Assets (in Rental and Other Revenue) [Member]
 
 
Scheduled future amortization of intangible assets [Abstract]
 
 
2013
1,277 
 
2014
989 
 
2015
754 
 
2016
659 
 
2017
587 
 
Thereafter
780 
 
Deferred financing and leasing costs, net/Total scheduled future amortization of intangible assets
5,046 
 
Weighted average remaining amortization periods for intangible assets and liabilities [Abstract]
 
 
Intangible assets, weighted average useful life (in years)
5 years 7 months 12 days 
 
Acquired intangible assets, weighted average useful life (in years)
5 years 3 months 15 days 
 
Highwoods Realty Limited Partnership [Member] |
Acquisition-Related Intangible Assets (amortized in Depreciation and Amortization) [Member]
 
 
Weighted average remaining amortization periods for intangible assets and liabilities [Abstract]
 
 
Acquired intangible assets, weighted average useful life (in years)
8 years 8 months 15 days 
 
Highwoods Realty Limited Partnership [Member] |
Acquisition-Related Intangible Assets (in Rental Property and Other Expenses) [Member]
 
 
Scheduled future amortization of intangible assets [Abstract]
 
 
2013
553 
 
2014
553 
 
2015
553 
 
2016
553 
 
2017
553 
 
Thereafter
1,643 
 
Deferred financing and leasing costs, net/Total scheduled future amortization of intangible assets
4,408 
 
Weighted average remaining amortization periods for intangible assets and liabilities [Abstract]
 
 
Intangible assets, weighted average useful life (in years)
8 years 
 
Acquired intangible assets, weighted average useful life (in years)
8 years 
 
Highwoods Realty Limited Partnership [Member] |
Acquisition-Related Below Market Lease Liabilities [Member]
 
 
Scheduled future amortization of below market lease liabilites [Abstract]
 
 
2013
(4,149)
 
2014
(4,067)
 
2015
(3,801)
 
2016
(3,499)
 
2017
(3,256)
 
Thereafter
(14,864)
 
Total scheduled future amortization of below market lease liabilities
$ (33,636)
$ (15,470)
Weighted average remaining amortization periods for intangible assets and liabilities [Abstract]
 
 
Below market lease liabilities, weighted average useful life (in years)
9 years 11 months 
 
Assumed below market lease liabilities, weighted average useful life (in years)
10 years 7 months 12 days 
 
Mortgages and Notes Payable (Details) (USD $)
12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 3 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 3 Months Ended 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2012
7.05% Mortgage Loan due 2012 [Member]
Dec. 31, 2012
5.45% (5.12% effective rate) Mortgage Loan due 2014 [Member]
Dec. 31, 2012
5.18%(4.22% effective rate) Mortgage Loan due 2017 [Member]
Dec. 31, 2012
6.03% Mortgage Loan due 2013 [Member]
Dec. 31, 2012
Consolidated Affiliate 6.06% Mortgage Loan due 2012 [Member]
Dec. 31, 2012
5.17% (6.43% effective rate) Mortage Loan due 2015 [Member]
Dec. 31, 2012
5.74% to 9.00% Mortgage Loans due between 2012 and 2016 [Member]
Dec. 31, 2011
5.74% to 9.00% Mortgage Loans due between 2012 and 2016 [Member]
Dec. 31, 2011
SF-Harborview Plaza, LP Joint Venture [Member]
Dec. 31, 2012
Highwoods-Markel Associates, LLC Joint Venture [Member]
Dec. 31, 2011
Highwoods-Markel Associates, LLC Joint Venture [Member]
Dec. 31, 2012
Variable Rate Construction Loan due 2012 [Member]
Dec. 31, 2012
5.85% (5.88% effective rate) Notes due 2017 [Member]
Dec. 31, 2011
5.85% (5.88% effective rate) Notes due 2017 [Member]
Dec. 31, 2012
3.625% (3.752% Effective Rate) Notes Due 2023 [Member]
Dec. 31, 2012
Variable Rate Term Loan due 2016 [Member]
participants
Dec. 31, 2011
Variable Rate Term Loan due 2016 [Member]
Dec. 31, 2012
Variable Rate Term Loan due 2018 [Member]
participants
Dec. 31, 2012
Variable Rate Term Loan due 2019 [Member]
Dec. 31, 2012
Revolving Credit Facility due 2015 [Member]
Feb. 1, 2013
Revolving Credit Facility due 2015 [Member]
Dec. 31, 2010
Variable Rate Term Loans due 2011 [Member]
Dec. 31, 2011
Variable Rate Term Loans due 2011 [Member]
Dec. 31, 2010
Variable Rate Term Loans due 2011 [Member]
Dec. 31, 2010
Secured Mortgage Payable [Member]
properties
Dec. 31, 2012
Secured indebtedness [Member]
Dec. 31, 2011
Secured indebtedness [Member]
Dec. 31, 2012
Secured indebtedness [Member]
5.45% (5.12% effective rate) Mortgage Loan due 2014 [Member]
Dec. 31, 2011
Secured indebtedness [Member]
5.45% (5.12% effective rate) Mortgage Loan due 2014 [Member]
Dec. 31, 2012
Secured indebtedness [Member]
5.18%(4.22% effective rate) Mortgage Loan due 2017 [Member]
Dec. 31, 2011
Secured indebtedness [Member]
5.18%(4.22% effective rate) Mortgage Loan due 2017 [Member]
Dec. 31, 2012
Secured indebtedness [Member]
6.03% Mortgage Loan due 2013 [Member]
Dec. 31, 2011
Secured indebtedness [Member]
6.03% Mortgage Loan due 2013 [Member]
Dec. 31, 2012
Secured indebtedness [Member]
5.68% Mortgage Loan due 2013 [Member]
Dec. 31, 2011
Secured indebtedness [Member]
5.68% Mortgage Loan due 2013 [Member]
Dec. 31, 2012
Secured indebtedness [Member]
5.17% (6.43% effective rate) Mortage Loan due 2015 [Member]
Dec. 31, 2011
Secured indebtedness [Member]
5.17% (6.43% effective rate) Mortage Loan due 2015 [Member]
Dec. 31, 2012
Secured indebtedness [Member]
6.88% Mortgage Loan due 2016 [Member]
Dec. 31, 2011
Secured indebtedness [Member]
6.88% Mortgage Loan due 2016 [Member]
Dec. 31, 2012
Secured indebtedness [Member]
7.50% Mortgage Loan due 2016 [Member]
Dec. 31, 2011
Secured indebtedness [Member]
7.50% Mortgage Loan due 2016 [Member]
Dec. 31, 2012
Secured indebtedness [Member]
5.74% to 9.00% Mortgage Loans due between 2012 and 2016 [Member]
Dec. 31, 2011
Secured indebtedness [Member]
5.74% to 9.00% Mortgage Loans due between 2012 and 2016 [Member]
Dec. 31, 2012
Secured indebtedness [Member]
Variable Rate Construction Loan due 2012 [Member]
Dec. 31, 2011
Secured indebtedness [Member]
Variable Rate Construction Loan due 2012 [Member]
Dec. 31, 2012
Unsecured indebtedness [Member]
Dec. 31, 2011
Unsecured indebtedness [Member]
Dec. 31, 2012
Unsecured indebtedness [Member]
5.85% (5.88% effective rate) Notes due 2017 [Member]
Dec. 31, 2011
Unsecured indebtedness [Member]
5.85% (5.88% effective rate) Notes due 2017 [Member]
Dec. 31, 2012
Unsecured indebtedness [Member]
7.50% Notes due 2018 [Member]
Dec. 31, 2011
Unsecured indebtedness [Member]
7.50% Notes due 2018 [Member]
Dec. 31, 2012
Unsecured indebtedness [Member]
3.625% (3.752% Effective Rate) Notes Due 2023 [Member]
Dec. 31, 2011
Unsecured indebtedness [Member]
3.625% (3.752% Effective Rate) Notes Due 2023 [Member]
Dec. 31, 2012
Unsecured indebtedness [Member]
Variable Rate Term Loan due 2016 [Member]
Dec. 31, 2011
Unsecured indebtedness [Member]
Variable Rate Term Loan due 2016 [Member]
Dec. 31, 2012
Unsecured indebtedness [Member]
Variable Rate Term Loan due 2018 [Member]
Dec. 31, 2011
Unsecured indebtedness [Member]
Variable Rate Term Loan due 2018 [Member]
Dec. 31, 2012
Unsecured indebtedness [Member]
Variable Rate Term Loan due 2019 [Member]
Dec. 31, 2011
Unsecured indebtedness [Member]
Variable Rate Term Loan due 2019 [Member]
Dec. 31, 2012
Unsecured indebtedness [Member]
Revolving Credit Facility due 2015 [Member]
Dec. 31, 2011
Unsecured indebtedness [Member]
Revolving Credit Facility due 2015 [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
Dec. 31, 2010
Highwoods Realty Limited Partnership [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
7.05% Mortgage Loan due 2012 [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
5.45% (5.12% effective rate) Mortgage Loan due 2014 [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
5.18%(4.22% effective rate) Mortgage Loan due 2017 [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
6.03% Mortgage Loan due 2013 [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Consolidated Affiliate 6.06% Mortgage Loan due 2012 [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
5.17% (6.43% effective rate) Mortage Loan due 2015 [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
5.74% to 9.00% Mortgage Loans due between 2012 and 2016 [Member]
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
5.74% to 9.00% Mortgage Loans due between 2012 and 2016 [Member]
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
SF-Harborview Plaza, LP Joint Venture [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Highwoods-Markel Associates, LLC Joint Venture [Member]
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
Highwoods-Markel Associates, LLC Joint Venture [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Variable Rate Construction Loan due 2012 [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
5.85% (5.88% effective rate) Notes due 2017 [Member]
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
5.85% (5.88% effective rate) Notes due 2017 [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
3.625% (3.752% Effective Rate) Notes Due 2023 [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Variable Rate Term Loan due 2016 [Member]
participants
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
Variable Rate Term Loan due 2016 [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Variable Rate Term Loan due 2018 [Member]
participants
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Variable Rate Term Loan due 2019 [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Revolving Credit Facility due 2015 [Member]
Feb. 1, 2013
Highwoods Realty Limited Partnership [Member]
Revolving Credit Facility due 2015 [Member]
Dec. 31, 2010
Highwoods Realty Limited Partnership [Member]
Variable Rate Term Loans due 2011 [Member]
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
Variable Rate Term Loans due 2011 [Member]
Dec. 31, 2010
Highwoods Realty Limited Partnership [Member]
Variable Rate Term Loans due 2011 [Member]
Dec. 31, 2010
Highwoods Realty Limited Partnership [Member]
Secured Mortgage Payable [Member]
properties
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Secured indebtedness [Member]
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
Secured indebtedness [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Secured indebtedness [Member]
5.45% (5.12% effective rate) Mortgage Loan due 2014 [Member]
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
Secured indebtedness [Member]
5.45% (5.12% effective rate) Mortgage Loan due 2014 [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Secured indebtedness [Member]
5.18%(4.22% effective rate) Mortgage Loan due 2017 [Member]
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
Secured indebtedness [Member]
5.18%(4.22% effective rate) Mortgage Loan due 2017 [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Secured indebtedness [Member]
6.03% Mortgage Loan due 2013 [Member]
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
Secured indebtedness [Member]
6.03% Mortgage Loan due 2013 [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Secured indebtedness [Member]
5.68% Mortgage Loan due 2013 [Member]
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
Secured indebtedness [Member]
5.68% Mortgage Loan due 2013 [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Secured indebtedness [Member]
5.17% (6.43% effective rate) Mortage Loan due 2015 [Member]
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
Secured indebtedness [Member]
5.17% (6.43% effective rate) Mortage Loan due 2015 [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Secured indebtedness [Member]
6.88% Mortgage Loan due 2016 [Member]
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
Secured indebtedness [Member]
6.88% Mortgage Loan due 2016 [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Secured indebtedness [Member]
7.50% Mortgage Loan due 2016 [Member]
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
Secured indebtedness [Member]
7.50% Mortgage Loan due 2016 [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Secured indebtedness [Member]
5.74% to 9.00% Mortgage Loans due between 2012 and 2016 [Member]
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
Secured indebtedness [Member]
5.74% to 9.00% Mortgage Loans due between 2012 and 2016 [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Secured indebtedness [Member]
Variable Rate Construction Loan due 2012 [Member]
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
Secured indebtedness [Member]
Variable Rate Construction Loan due 2012 [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Unsecured indebtedness [Member]
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
Unsecured indebtedness [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Unsecured indebtedness [Member]
5.85% (5.88% effective rate) Notes due 2017 [Member]
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
Unsecured indebtedness [Member]
5.85% (5.88% effective rate) Notes due 2017 [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Unsecured indebtedness [Member]
7.50% Notes due 2018 [Member]
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
Unsecured indebtedness [Member]
7.50% Notes due 2018 [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Unsecured indebtedness [Member]
3.625% (3.752% Effective Rate) Notes Due 2023 [Member]
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
Unsecured indebtedness [Member]
3.625% (3.752% Effective Rate) Notes Due 2023 [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Unsecured indebtedness [Member]
Variable Rate Term Loan due 2016 [Member]
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
Unsecured indebtedness [Member]
Variable Rate Term Loan due 2016 [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Unsecured indebtedness [Member]
Variable Rate Term Loan due 2018 [Member]
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
Unsecured indebtedness [Member]
Variable Rate Term Loan due 2018 [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Unsecured indebtedness [Member]
Variable Rate Term Loan due 2019 [Member]
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
Unsecured indebtedness [Member]
Variable Rate Term Loan due 2019 [Member]
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Unsecured indebtedness [Member]
Revolving Credit Facility due 2015 [Member]
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
Unsecured indebtedness [Member]
Revolving Credit Facility due 2015 [Member]
Debt Instrument [Line Items]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mortgages and notes payable
$ 1,859,162,000 
$ 1,868,906,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$ 549,607,000 1
$ 715,742,000 1
$ 67,604,000 2
$ 67,809,000 
$ 120,924,000 3
$ 123,613,000 
$ 0 
$ 125,264,000 
$ 107,289,000 
$ 110,343,000 
$ 39,805,000 4
$ 40,015,000 
$ 110,671,000 
$ 112,075,000 
$ 45,662,000 
$ 46,181,000 
$ 57,652,000 5 6
$ 72,640,000 5 6 7
$ 0 
$ 17,802,000 
$ 1,309,555,000 
$ 1,153,164,000 
$ 379,194,000 8
$ 391,164,000 8
$ 200,000,000 
$ 200,000,000 
$ 247,361,000 9
$ 0 
$ 35,000,000 10
$ 200,000,000 
$ 200,000,000 11
$ 0 
$ 225,000,000 12
$ 0 
$ 23,000,000 13
$ 362,000,000 
$ 1,859,162,000 
$ 1,868,906,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$ 549,607,000 1
$ 715,742,000 1
$ 67,604,000 2
$ 67,809,000 
$ 120,924,000 3
$ 123,613,000 
$ 0 
$ 125,264,000 
$ 107,289,000 
$ 110,343,000 
$ 39,805,000 4
$ 40,015,000 
$ 110,671,000 
$ 112,075,000 
$ 45,662,000 
$ 46,181,000 
$ 57,652,000 5 6 7
$ 72,640,000 5 6
$ 0 
$ 17,802,000 
$ 1,309,555,000 
$ 1,153,164,000 
$ 379,194,000 8
$ 391,164,000 8
$ 200,000,000 
$ 200,000,000 
$ 247,361,000 9
$ 0 
$ 35,000,000 10
$ 200,000,000 
$ 200,000,000 11
$ 0 
$ 225,000,000 12
$ 0 
$ 23,000,000 13
$ 362,000,000 
Scheduled future principal payments [Abstract]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2013
123,537,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
123,537,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2014
112,283,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
112,283,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2015
67,733,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
67,733,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2016
193,217,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
193,217,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2017
488,617,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
488,617,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Thereafter
873,775,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
873,775,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total scheduled future principal payments
1,859,162,000 
1,868,906,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
549,607,000 1
715,742,000 1
67,604,000 2
67,809,000 
120,924,000 3
123,613,000 
0 
125,264,000 
107,289,000 
110,343,000 
39,805,000 4
40,015,000 
110,671,000 
112,075,000 
45,662,000 
46,181,000 
57,652,000 5 6
72,640,000 5 6 7
0 
17,802,000 
1,309,555,000 
1,153,164,000 
379,194,000 8
391,164,000 8
200,000,000 
200,000,000 
247,361,000 9
0 
35,000,000 10
200,000,000 
200,000,000 11
0 
225,000,000 12
0 
23,000,000 13
362,000,000 
1,859,162,000 
1,868,906,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
549,607,000 1
715,742,000 1
67,604,000 2
67,809,000 
120,924,000 3
123,613,000 
0 
125,264,000 
107,289,000 
110,343,000 
39,805,000 4
40,015,000 
110,671,000 
112,075,000 
45,662,000 
46,181,000 
57,652,000 5 6 7
72,640,000 5 6
0 
17,802,000 
1,309,555,000 
1,153,164,000 
379,194,000 8
391,164,000 8
200,000,000 
200,000,000 
247,361,000 9
0 
35,000,000 10
200,000,000 
200,000,000 11
0 
225,000,000 12
0 
23,000,000 13
362,000,000 
Aggregate undepreciated book value of secured real estate assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
1,000,000,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
1,000,000,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Unamortized premium
 
 
 
 
200,000 
4,600,000 
 
 
 
500,000 
300,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
200,000 
4,600,000 
 
 
 
500,000 
300,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Unamortized discount
 
 
 
 
 
 
 
 
1,200,000 
 
 
 
 
 
 
500,000 
600,000 
2,600,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
1,200,000 
 
 
 
 
 
 
500,000 
600,000 
2,600,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage debt related to consolidated affiliate
370,393,000 14
406,875,000 14
 
 
 
 
 
 
 
 
 
21,000,000 
33,100,000 
34,000,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
360,944,000 
396,977,000 
 
 
 
 
 
 
 
 
 
21,000,000 
33,100,000 
34,000,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Maximum borrowing capacity on revolving credit facility
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
475,000,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
475,000,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Maturity date on revolving credit facility
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Jun. 27, 2015 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Jun. 27, 2015 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Additional borrowing capacity on revolving credit facility
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
75,000,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
75,000,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
LIBOR plus 150 basis points 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
LIBOR plus 150 basis points 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Annual facility fee (in hundredths)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
0.35% 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
0.35% 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Amount outstanding on revolving credit facility
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
23,000,000 
25,000,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
23,000,000 
25,000,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding letters of credit on revolving credit facility
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
100,000 
100,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
100,000 
100,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Unused borrowing capacity on revolving credit facility
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
451,900,000 
449,900,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
451,900,000 
449,900,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Repayment of loans at maturity
 
 
 
 
 
 
 
 
 
 
 
 
 
 
52,100,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
52,100,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Early repayment of debt
 
 
 
184,200,000 
 
 
123,000,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
10,000,000 
10,000,000 
 
5,800,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
184,200,000 
 
 
123,000,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
10,000,000 
10,000,000 
 
5,800,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Principal amount of debt
 
 
 
 
 
 
 
20,800,000 
 
 
 
 
 
 
 
 
 
250,000,000 
 
200,000,000 
200,000,000 
225,000,000 
 
 
20,000,000 
 
20,000,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
20,800,000 
 
 
 
 
 
 
 
 
 
250,000,000 
 
200,000,000 
200,000,000 
225,000,000 
 
 
20,000,000 
 
20,000,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Term of debt instrument (in years)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
5 years 
 
7 years 
 
 
 
3 years 
3 years 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
5 years 
 
7 years 
 
 
 
3 years 
3 years 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Scheduled maturity date
 
 
 
Jan. 01, 2012 
 
 
Mar. 01, 2013 
Oct. 01, 2012 
 
 
 
 
 
 
 
Mar. 15, 2017 
 
Jan. 15, 2023 
 
Feb. 01, 2016 
Jan. 01, 2018 
 
 
 
 
Feb. 01, 2012 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Jan. 01, 2012 
 
 
Mar. 01, 2013 
Oct. 01, 2012 
 
 
 
 
 
 
 
Mar. 15, 2017 
 
Jan. 15, 2023 
 
Feb. 01, 2016 
Jan. 01, 2018 
 
 
 
 
Feb. 01, 2012 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate basis
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
LIBOR plus basis points 
LIBOR plus basis points 
LIBOR plus basis points 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
LIBOR plus basis points 
LIBOR plus basis points 
LIBOR plus basis points 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate, basis spread
 
 
 
7.05% 
 
 
6.03% 
6.06% 
 
 
 
 
 
 
1.07% 
5.85% 
 
3.625% 
 
2.20% 
1.65% 
1.90% 
 
 
 
3.90% 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
7.05% 
 
 
6.03% 
6.06% 
 
 
 
 
 
 
1.07% 
5.85% 
 
 
 
2.20% 
1.65% 
1.90% 
 
 
 
3.90% 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Current interest rate (in hundredths)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2.42% 
 
1.87% 
3.58% 
1.71% 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2.42% 
 
1.87% 
3.58% 
1.71% 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Gross book value of unencumbered real estate assets
193,000,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
193,000,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Annual repayments through principal amortization
12,200,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
12,200,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Purchase price of debt (in hundredths)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
107.50% 
 
98.94% 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
107.50% 
 
98.94% 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Effective percentage rate (in hundredths)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
3.752% 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
3.752% 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Original issuance discount
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2,700,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2,700,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Deferred financing fees
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2,100,000 
 
 
900,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2,100,000 
 
 
900,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Number of participant changes
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2 
 
2 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2 
 
2 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Aggregate amount related to change in participants
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
35,000,000 
 
35,000,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
35,000,000 
 
35,000,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Date of early debt repayment for participant changes
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Feb. 25, 2013 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Feb. 25, 2013 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Principal amount of repurchased debt
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
12,100,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
12,100,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Penalty incurred on early repayment of debt
(973,000)
(24,000)
(705,000)
 
 
 
 
 
 
 
 
 
 
 
 
1,000,000 
 
 
 
 
 
 
 
 
 
 
 
600,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(973,000)
(24,000)
(705,000)
 
 
 
 
 
 
 
 
 
 
 
 
1,000,000 
 
 
 
 
 
 
 
 
 
 
 
600,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Rental residential units securing mortgage payable
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
96 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
96 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Lender covenant compliance to accelerate outstanding borrowings
66.70% 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
66.70% 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Holders covenant compliance of bonds
25.00% 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
25.00% 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Uncured covenant compliance default period
60 days 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
60 days 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Capitalized Interest [Abstract]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Capitalized Interest
$ 1,000,000 
$ 600,000 
$ 1,400,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$ 1,000,000 
$ 600,000 
$ 1,400,000 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivative Financial Instruments (Details) (USD $)
12 Months Ended
Dec. 31, 2012
swaps
Dec. 31, 2011
Dec. 31, 2010
Derivative [Line Items]
 
 
 
Number of derivative instruments obtained
6 
 
 
Derivative maturity date
Jan. 01, 2019 
 
 
Amount of borrowings outstanding
$ 225,000,000 
 
 
Interest rate under derivative instruments
1.678% 
 
 
Cross-default minimum threshold
10,000,000 
 
 
Expected increase to interest expense
3,300,000 
 
 
Derivatives designated as cash flow hedges in other liabilities [Abstract]
 
 
 
Interest rate swaps
9,369,000 
2,202,000 
 
Amount of unrealized losses recognized in AOCL on derivatives (effective portion) [Abstract]
 
 
 
Interest rate swaps
(10,358,000)
(2,202,000)
0 
Amount of (gains)/losses reclassified out of AOCL into contractual interest expense (effective portion) [Abstract]
 
 
 
Amortization of cash flow hedges
3,053,000 
(118,000)
237,000 
Highwoods Realty Limited Partnership [Member]
 
 
 
Derivative [Line Items]
 
 
 
Number of derivative instruments obtained
6 
 
 
Derivative maturity date
Jan. 01, 2019 
 
 
Amount of borrowings outstanding
225,000,000 
 
 
Interest rate under derivative instruments
1.678% 
 
 
Cross-default minimum threshold
10,000,000 
 
 
Expected increase to interest expense
3,300,000 
 
 
Derivatives designated as cash flow hedges in other liabilities [Abstract]
 
 
 
Interest rate swaps
9,369,000 
2,202,000 
 
Amount of unrealized losses recognized in AOCL on derivatives (effective portion) [Abstract]
 
 
 
Interest rate swaps
(10,358,000)
(2,202,000)
0 
Amount of (gains)/losses reclassified out of AOCL into contractual interest expense (effective portion) [Abstract]
 
 
 
Amortization of cash flow hedges
$ 3,053,000 
$ (118,000)
$ 237,000 
Financing Arrangements (Details) (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Financing Obligations [Line Items]
 
 
Financing obligations
$ 29,358,000 
$ 30,150,000 
Harborview Financing Obligation [Member]
 
 
Financing Obligations [Line Items]
 
 
Financing obligations
17,571,000 
17,086,000 
Equity interest in consolidated affiliate
80.00% 
 
Term of put option right (in years)
1 year 
 
Commencement date of put option term
Sep. 11, 2014 
 
Transaction cost percentage to sell financing obligation
3.00% 
 
Initial financing obligation
12,700,000 
 
Additional financing obligation
1,800,000 
 
Gross financing obligation increased for net income (in hundredths)
80.00% 
 
Date through which valuation allowance is amortized
September 2014 
 
Put option fair value
12,700,000 
6,200,000 
Tax Increment Financing Obligation Bond [Member]
 
 
Financing Obligations [Line Items]
 
 
Financing obligations
11,787,000 
13,064,000 
Term of period for financing obligation payments
20 years 
 
Expiration date for financing obligation
Oct. 31, 2019 
 
Discount rate of financing obligation
6.93% 
 
Acquisition date of financing obligation
Dec. 01, 2007 
 
Capitalized Ground Lease Obligation [Member]
 
 
Financing Obligations [Line Items]
 
 
Discount rate of financing obligation
7.10% 
 
Years financing obligation is associated at net present value
9 years 
 
Highwoods Realty Limited Partnership [Member]
 
 
Financing Obligations [Line Items]
 
 
Financing obligations
29,358,000 
30,150,000 
Highwoods Realty Limited Partnership [Member] |
Harborview Financing Obligation [Member]
 
 
Financing Obligations [Line Items]
 
 
Financing obligations
17,571,000 
17,086,000 
Equity interest in consolidated affiliate
80.00% 
 
Commencement date of put option term
Sep. 11, 2014 
 
Transaction cost percentage to sell financing obligation
3.00% 
 
Initial financing obligation
12,700,000 
 
Additional financing obligation
1,800,000 
 
Gross financing obligation increased for net income (in hundredths)
80.00% 
 
Date through which valuation allowance is amortized
September 2014 
 
Put option fair value
12,700,000 
6,200,000 
Highwoods Realty Limited Partnership [Member] |
Tax Increment Financing Obligation Bond [Member]
 
 
Financing Obligations [Line Items]
 
 
Financing obligations
$ 11,787,000 
$ 13,064,000 
Term of period for financing obligation payments
20 years 
 
Expiration date for financing obligation
Oct. 31, 2019 
 
Discount rate of financing obligation
6.93% 
 
Acquisition date of financing obligation
Dec. 01, 2007 
 
Highwoods Realty Limited Partnership [Member] |
Capitalized Ground Lease Obligation [Member]
 
 
Financing Obligations [Line Items]
 
 
Discount rate of financing obligation
7.10% 
 
Years financing obligation is associated at net present value
9 years 
 
Commitments and Contingencies (Details) (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Operating ground leases [Abstract]
 
 
 
Rental property expense
$ 1,500,000 
$ 1,400,000 
$ 1,500,000 
Operating ground leases, scheduled future minimum payments [Abstract]
 
 
 
Operating leases, future minimum payments due, 2013
2,383,000 
 
 
Operating leases, future minimum payments, 2014
2,404,000 
 
 
Operating leases, future minimum payments, 2015
2,427,000 
 
 
Operating leases, future minimum payments, 2016
2,451,000 
 
 
Operating leases, future minimum payments, 2017
2,476,000 
 
 
Operating leases, future minimum payments, thereafter
49,875,000 
 
 
Operating leases, total future minimum payments due
62,016,000 
 
 
Lease and Contractual Commitments [Abstract]
 
 
 
Lease and contractual commitments
122,000,000 
 
 
Accrued amount of lease and contractual commitments
22,100,000 
 
 
DLF I obligation [Abstract]
 
 
 
Excess contribution, gross
7,200,000 
 
 
Term to repay excess contribution (in years)
14 years 
 
 
Excess contribution, initial repayment date
3/12/1999 
 
 
Excess contribution, net discounted amount
3,800,000 
 
 
Excess contribution, discount rate
9.62% 
 
 
Excess contribution, payments
600,000 
600,000 
600,000 
Excess contribution, discounted balance
200,000 
800,000 
 
Highwoods Realty Limited Partnership [Member]
 
 
 
Operating ground leases [Abstract]
 
 
 
Rental property expense
1,500,000 
1,400,000 
1,500,000 
Operating ground leases, scheduled future minimum payments [Abstract]
 
 
 
Operating leases, future minimum payments due, 2013
2,383,000 
 
 
Operating leases, future minimum payments, 2014
2,404,000 
 
 
Operating leases, future minimum payments, 2015
2,427,000 
 
 
Operating leases, future minimum payments, 2016
2,451,000 
 
 
Operating leases, future minimum payments, 2017
2,476,000 
 
 
Operating leases, future minimum payments, thereafter
49,875,000 
 
 
Operating leases, total future minimum payments due
62,016,000 
 
 
Lease and Contractual Commitments [Abstract]
 
 
 
Lease and contractual commitments
122,000,000 
 
 
Accrued amount of lease and contractual commitments
22,100,000 
 
 
DLF I obligation [Abstract]
 
 
 
Excess contribution, gross
7,200,000 
 
 
Term to repay excess contribution (in years)
14 years 
 
 
Excess contribution, initial repayment date
3/12/1999 
 
 
Excess contribution, net discounted amount
3,800,000 
 
 
Excess contribution, discount rate
9.62% 
 
 
Excess contribution, payments
600,000 
600,000 
600,000 
Excess contribution, discounted balance
$ 200,000 
$ 800,000 
 
Noncontrolling Interests (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Noncontrolling Interests in the Operating Partnership [Roll Forward]
 
 
 
 
 
 
 
 
 
 
 
Noncontrolling interests in the Operating Partnership, beginning balance
 
 
 
$ 110,655 
 
 
 
$ 120,838 
$ 110,655 
$ 120,838 
 
Adjustment of noncontrolling interests in the Operating Partnership to fair value
 
 
 
 
 
 
 
 
16,491 
(3,955)
(2,721)
Issuances of Common Units
 
 
 
 
 
 
 
 
2,299 
0 
 
Conversion of Common Units to Common Stock
 
 
 
 
 
 
 
 
(2,096)
(1,906)
(3,061)
Net income attributable to noncontrolling interests in the Operating Partnership
688 
1,653 
686 
827 
595 
366 
623 
507 
3,854 
2,091 
3,320 
Distributions to noncontrolling interests in the Operating Partnership
 
 
 
 
 
 
 
 
(6,334)
(6,413)
(6,469)
Noncontrolling interests in the Operating Partnership, ending balance
124,869 
 
 
 
110,655 
 
 
 
124,869 
110,655 
120,838 
Net Income Available for Common Stockholders and Transfers From Noncontrolling Interests in the Operating Partnership
 
 
 
 
 
 
 
 
 
 
 
Net income available for common stockholders
14,074 
33,357 
12,962 
16,694 
11,427 
7,002 
10,112 
10,136 
77,087 
38,677 
61,790 
Increase in additional paid in capital from conversion of Common Units to Common Stock
 
 
 
 
 
 
 
 
2,096 
1,906 
3,060 
Issuances of Common Units
 
 
 
 
 
 
 
 
(2,299)
0 
0 
Change from net income available for common stockholders and transfers from noncontrolling interests
 
 
 
 
 
 
 
 
$ 76,884 
$ 40,583 
$ 64,850 
Noncontrolling Interests in Consolidated Affiliates
 
 
 
 
 
 
 
 
 
 
 
Consolidated joint venture, partner's interest (in hundredths)
50.00% 
 
 
 
 
 
 
 
50.00% 
 
 
Highwoods Realty Limited Partnership [Member]
 
 
 
 
 
 
 
 
 
 
 
Noncontrolling Interests in Consolidated Affiliates
 
 
 
 
 
 
 
 
 
 
 
Consolidated joint venture, partner's interest (in hundredths)
50.00% 
 
 
 
 
 
 
 
50.00% 
 
 
Disclosure About Fair Value of Financial Instruments - Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis (Details) (USD $)
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Assets:
 
 
 
 
Mortgages and notes receivable, at fair value
$ 24,725,000 
$ 18,990,000 
 
 
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)
3,354,000 
3,149,000 
3,479,000 
 
Tax increment financing bond (in prepaid expenses and other assets)
14,496,000 
14,788,000 
 
 
Impaired real estate assets and for-sale residential condominiums
 
12,767,000 
 
 
Total Assets
42,575,000 
49,694,000 
 
 
Noncontrolling Interests in the Operating Partnership
124,869,000 
110,655,000 
 
 
Liabilities:
 
 
 
 
Mortgages and notes payable, at fair value
1,987,364,000 
1,959,438,000 
 
 
Interest rate swaps (in accounts payable, accrued expenses and other liabilities)
9,369,000 
2,202,000 
 
 
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)
3,354,000 
3,149,000 
4,091,000 
6,898,000 
Contingent consideration to acquire real estate assets (in accounts payable, accrued expenses and other liabilities)
563,000 
 
 
 
Financing obligations, at fair value
23,252,000 
17,572,000 
 
 
Total Liabilities
2,023,902,000 
1,982,361,000 
 
 
Level 1 [Member]
 
 
 
 
Assets:
 
 
 
 
Mortgages and notes receivable, at fair value
0 
0 
 
 
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)
3,354,000 
3,149,000 
 
 
Tax increment financing bond (in prepaid expenses and other assets)
0 
0 
 
 
Impaired real estate assets and for-sale residential condominiums
 
0 
 
 
Total Assets
3,354,000 
3,149,000 
 
 
Noncontrolling Interests in the Operating Partnership
124,869,000 
110,655,000 
 
 
Liabilities:
 
 
 
 
Mortgages and notes payable, at fair value
0 
0 
 
 
Interest rate swaps (in accounts payable, accrued expenses and other liabilities)
0 
0 
 
 
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)
3,354,000 
3,149,000 
 
 
Contingent consideration to acquire real estate assets (in accounts payable, accrued expenses and other liabilities)
0 
 
 
 
Financing obligations, at fair value
0 
0 
 
 
Total Liabilities
3,354,000 
3,149,000 
 
 
Level 2 [Member]
 
 
 
 
Assets:
 
 
 
 
Mortgages and notes receivable, at fair value
16,077,000 
18,990,000 
 
 
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)
0 
0 
 
 
Tax increment financing bond (in prepaid expenses and other assets)
0 
0 
 
 
Impaired real estate assets and for-sale residential condominiums
 
0 
 
 
Total Assets
16,077,000 
18,990,000 
 
 
Noncontrolling Interests in the Operating Partnership
0 
0 
 
 
Liabilities:
 
 
 
 
Mortgages and notes payable, at fair value
1,987,364,000 
1,959,438,000 
 
 
Interest rate swaps (in accounts payable, accrued expenses and other liabilities)
9,369,000 
2,202,000 
 
 
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)
0 
0 
 
 
Contingent consideration to acquire real estate assets (in accounts payable, accrued expenses and other liabilities)
0 
 
 
 
Financing obligations, at fair value
0 
0 
 
 
Total Liabilities
1,996,733,000 
1,961,640,000 
 
 
Level 3 [Member]
 
 
 
 
Assets:
 
 
 
 
Mortgages and notes receivable, at fair value
8,648,000 
0 
 
 
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)
0 
0 
 
 
Tax increment financing bond (in prepaid expenses and other assets)
14,496,000 
14,788,000 
 
 
Impaired real estate assets and for-sale residential condominiums
 
12,767,000 
 
 
Total Assets
23,144,000 
27,555,000 
 
 
Noncontrolling Interests in the Operating Partnership
0 
0 
 
 
Liabilities:
 
 
 
 
Mortgages and notes payable, at fair value
0 
0 
 
 
Interest rate swaps (in accounts payable, accrued expenses and other liabilities)
0 
0 
 
 
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)
0 
0 
 
 
Contingent consideration to acquire real estate assets (in accounts payable, accrued expenses and other liabilities)
563,000 
 
 
 
Financing obligations, at fair value
23,252,000 
17,572,000 
 
 
Total Liabilities
23,815,000 
17,572,000 
 
 
Highwoods Realty Limited Partnership [Member]
 
 
 
 
Assets:
 
 
 
 
Mortgages and notes receivable, at fair value
24,725,000 
18,990,000 
 
 
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)
3,354,000 
3,149,000 
3,479,000 
 
Tax increment financing bond (in prepaid expenses and other assets)
14,496,000 
14,788,000 
 
 
Impaired real estate assets and for-sale residential condominiums
 
12,767,000 
 
 
Total Assets
42,575,000 
49,694,000 
 
 
Liabilities:
 
 
 
 
Mortgages and notes payable, at fair value
1,987,364,000 
1,959,438,000 
 
 
Interest rate swaps (in accounts payable, accrued expenses and other liabilities)
9,369,000 
2,202,000 
 
 
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)
3,354,000 
3,149,000 
4,091,000 
6,898,000 
Contingent consideration to acquire real estate assets (in accounts payable, accrued expenses and other liabilities)
563,000 
 
 
 
Financing obligations, at fair value
23,252,000 
17,572,000 
 
 
Total Liabilities
2,023,902,000 
1,982,361,000 
 
 
Highwoods Realty Limited Partnership [Member] |
Level 1 [Member]
 
 
 
 
Assets:
 
 
 
 
Mortgages and notes receivable, at fair value
0 
0 
 
 
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)
3,354,000 
3,149,000 
 
 
Tax increment financing bond (in prepaid expenses and other assets)
0 
0 
 
 
Impaired real estate assets and for-sale residential condominiums
 
0 
 
 
Total Assets
3,354,000 
3,149,000 
 
 
Liabilities:
 
 
 
 
Mortgages and notes payable, at fair value
0 
0 
 
 
Interest rate swaps (in accounts payable, accrued expenses and other liabilities)
0 
0 
 
 
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)
3,354,000 
3,149,000 
 
 
Contingent consideration to acquire real estate assets (in accounts payable, accrued expenses and other liabilities)
0 
 
 
 
Financing obligations, at fair value
0 
0 
 
 
Total Liabilities
3,354,000 
3,149,000 
 
 
Highwoods Realty Limited Partnership [Member] |
Level 2 [Member]
 
 
 
 
Assets:
 
 
 
 
Mortgages and notes receivable, at fair value
16,077,000 
18,990,000 
 
 
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)
0 
0 
 
 
Tax increment financing bond (in prepaid expenses and other assets)
0 
0 
 
 
Impaired real estate assets and for-sale residential condominiums
 
0 
 
 
Total Assets
16,077,000 
18,990,000 
 
 
Liabilities:
 
 
 
 
Mortgages and notes payable, at fair value
1,987,364,000 
1,959,438,000 
 
 
Interest rate swaps (in accounts payable, accrued expenses and other liabilities)
9,369,000 
2,202,000 
 
 
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)
0 
0 
 
 
Contingent consideration to acquire real estate assets (in accounts payable, accrued expenses and other liabilities)
0 
 
 
 
Financing obligations, at fair value
0 
0 
 
 
Total Liabilities
1,996,733,000 
1,961,640,000 
 
 
Highwoods Realty Limited Partnership [Member] |
Level 3 [Member]
 
 
 
 
Assets:
 
 
 
 
Mortgages and notes receivable, at fair value
8,648,000 
0 
 
 
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)
0 
0 
 
 
Tax increment financing bond (in prepaid expenses and other assets)
14,496,000 
14,788,000 
 
 
Impaired real estate assets and for-sale residential condominiums
 
12,767,000 
 
 
Total Assets
23,144,000 
27,555,000 
 
 
Liabilities:
 
 
 
 
Mortgages and notes payable, at fair value
0 
0 
 
 
Interest rate swaps (in accounts payable, accrued expenses and other liabilities)
0 
0 
 
 
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)
0 
0 
 
 
Contingent consideration to acquire real estate assets (in accounts payable, accrued expenses and other liabilities)
563,000 
 
 
 
Financing obligations, at fair value
23,252,000 
17,572,000 
 
 
Total Liabilities
$ 23,815,000 
$ 17,572,000 
 
 
Disclosure About Fair Value of Financial Instruments - Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
 
 
 
Unrealized gains (in AOCL)
$ 411 
$ 234 
$ (177)
Amount by which outstanding principal amount exceeds estimated fair value
1,898 
2,309 
2,543 
Contingent Consideration to Acquire Real Estate Assets [Member]
 
 
 
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
 
 
 
Beginning balance
0 
0 
 
Fair value at acquisition date
677 
0 
 
Unrealized gains (in general and administrative)
(114)
0 
 
Ending balance
563 
0 
 
Fair value of Level 3 liability
563 
0 
 
Payout percentage (in hundredths)
75.00% 
 
 
Tax Increment Financing Bond [Member]
 
 
 
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
 
 
 
Beginning balance
14,788 
15,699 
 
Principal repayments
(703)
(1,145)
 
Unrealized gains (in AOCL)
411 
234 
 
Ending balance
14,496 
14,788 
 
Maturity date
Dec. 20, 2020 
 
 
Amount by which outstanding principal amount exceeds estimated fair value
1,895 
 
 
Decrease in fair value of bond if yield-to-maturity was 100 basis points higher
500 
 
 
Increase in fair value of bond if yield-to-maturity was 100 basis points lower
500 
 
 
Fair value of Level 3 asset
14,496 
14,788 
 
Discount rate (in hundredths)
10.34% 
 
 
Highwoods Realty Limited Partnership [Member]
 
 
 
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
 
 
 
Unrealized gains (in AOCL)
411 
234 
(177)
Amount by which outstanding principal amount exceeds estimated fair value
1,898 
2,309 
2,543 
Highwoods Realty Limited Partnership [Member] |
Contingent Consideration to Acquire Real Estate Assets [Member]
 
 
 
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
 
 
 
Beginning balance
0 
0 
 
Fair value at acquisition date
677 
0 
 
Unrealized gains (in general and administrative)
(114)
0 
 
Ending balance
563 
0 
 
Fair value of Level 3 liability
563 
0 
 
Payout percentage (in hundredths)
75.00% 
 
 
Highwoods Realty Limited Partnership [Member] |
Tax Increment Financing Bond [Member]
 
 
 
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
 
 
 
Beginning balance
14,788 
15,699 
 
Principal repayments
(703)
(1,145)
 
Unrealized gains (in AOCL)
411 
234 
 
Ending balance
14,496 
14,788 
 
Maturity date
Dec. 20, 2020 
 
 
Amount by which outstanding principal amount exceeds estimated fair value
1,900 
 
 
Decrease in fair value of bond if yield-to-maturity was 100 basis points higher
500 
 
 
Increase in fair value of bond if yield-to-maturity was 100 basis points lower
500 
 
 
Fair value of Level 3 asset
$ 14,496 
$ 14,788 
 
Discount rate (in hundredths)
10.34% 
 
 
Equity (Details) (USD $)
3 Months Ended 12 Months Ended
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Class of Stock [Line Items]
 
 
 
 
 
 
 
Number of Common Stock sold at the market (in shares)
 
 
 
 
7,245,837 
378,200 
 
Average price of Common Stock sold at the market
 
 
 
 
$ 33.12 
$ 35.09 
 
Net proceeds of Common Stock sold at the market
 
 
 
 
$ 236,400,000 
$ 13,100,000 
 
Dividends, Common Stock [Abstract]
 
 
 
 
 
 
 
Ordinary income
 
 
 
 
$ 1.28 
$ 1.15 
$ 0.41 
Capital gains
 
 
 
 
$ 0.24 
$ 0.00 
$ 0.44 
Return of capital
 
 
 
 
$ 0.18 
$ 0.55 
$ 0.85 
Total taxability of dividends per share
 
 
 
 
$ 1.70 
$ 1.70 
$ 1.70 
Dividends, Preferred Stock [Abstract]
 
 
 
 
 
 
 
Excess of Preferred Stock redemption/repurchase cost over carrying value
0 
0 
1,895,000 
0 
0 
1,895,000 
0 
Number of shares outstanding, Preferred Stock (in shares)
29,077 
 
 
 
29,077 
29,077 
 
Carrying value, Preferred Stock
29,077,000 
 
 
 
29,077,000 
29,077,000 
 
Liquidation preference per share, Preferred Stock (in dollars per share)
$ 1,000 
 
 
 
$ 1,000 
$ 1,000 
 
Warrants [Abstract]
 
 
 
 
 
 
 
Warrants to acquire Common Stock, outstanding
15,000 
 
 
 
15,000 
15,000 
 
Exercise price of outstanding warrants
32.50 
 
 
 
32.50 
32.50 
 
Series A Cumulative Redeemable Preferred Shares [Member]
 
 
 
 
 
 
 
Dividends, Preferred Stock [Abstract]
 
 
 
 
 
 
 
Ordinary income
 
 
 
 
$ 72.46 
$ 86.25 
$ 41.80 
Capital gains
 
 
 
 
$ 13.79 
$ 0.00 
$ 44.45 
Total taxability of dividends per share
 
 
 
 
$ 86.25 
$ 86.25 
$ 86.25 
Issuance date, Preferred Stock
 
 
 
 
Feb. 12, 1997 
Feb. 12, 1997 
 
Liquidation preference per share, Preferred Stock (in dollars per share)
$ 1,000 
 
 
 
$ 1,000 
$ 1,000 
 
Optional redemption date, Preferred Stock
 
 
 
 
Feb. 12, 2027 
Feb. 12, 2027 
 
Annual dividends payable per share, Preferred Stock (in dollars per share)
 
 
 
 
$ 86.25 
$ 86.25 
$ 86.25 
Series B Cumulative Redeemable Preferred Shares [Member]
 
 
 
 
 
 
 
Dividends, Preferred Stock [Abstract]
 
 
 
 
 
 
 
Ordinary income
 
 
 
 
$ 0.00 
$ 1.05 
$ 0.97 
Capital gains
 
 
 
 
$ 0.00 
$ 0.00 
$ 1.03 
Total taxability of dividends per share
 
 
 
 
$ 0.00 
$ 1.05 
$ 2.00 
Number of Preferred Stock redeemed during period (in shares)
 
 
 
 
 
2,100,000 
 
Redemption price of Preferred Stock redeemed during period
 
 
 
 
 
52,500,000 
 
Excess of Preferred Stock redemption/repurchase cost over carrying value
 
 
 
 
 
1,900,000 
 
Annual dividends payable per share, Preferred Stock (in dollars per share)
 
 
 
 
$ 0.00 
$ 1.05 
$ 2.00 
Highwoods Realty Limited Partnership [Member]
 
 
 
 
 
 
 
Class of Stock [Line Items]
 
 
 
 
 
 
 
Number of Common Stock sold at the market (in shares)
 
 
 
 
7,245,837 
378,200 
 
Average price of Common Stock sold at the market
 
 
 
 
$ 33.12 
$ 35.09 
 
Net proceeds of Common Stock sold at the market
 
 
 
 
236,400,000 
13,100,000 
 
Distributions paid per share of Common Unit (in dollars per share)
 
 
 
 
$ 1.70 
$ 1.70 
$ 1.70 
Dividends, Preferred Stock [Abstract]
 
 
 
 
 
 
 
Excess of Preferred Unit redemption/repurchase cost over carrying value
0 
0 
(1,895,000)
0 
0 
1,895,000 
0 
Number of units outstanding, Preferred Units (in shares)
29,077 
 
 
 
29,077 
29,077 
 
Series A Preferred Units (liquidation preference $1,000 per unit), 29,077 units issued and outstanding, respectively
29,077,000 
 
 
 
29,077,000 
29,077,000 
 
Carrying value, Preferred Units
29,077 
 
 
 
29,077 
29,077 
 
Liquidation preference per unit, Preferred Units (in dollars per share)
$ 1,000 
 
 
 
$ 1,000 
$ 1,000 
 
Warrants [Abstract]
 
 
 
 
 
 
 
Warrants to acquire Common Stock, outstanding
15,000 
 
 
 
15,000 
15,000 
 
Exercise price of outstanding warrants
32.50 
 
 
 
32.50 
32.50 
 
Highwoods Realty Limited Partnership [Member] |
Series A Cumulative Redeemable Preferred Shares [Member]
 
 
 
 
 
 
 
Dividends, Preferred Stock [Abstract]
 
 
 
 
 
 
 
Total taxability of dividends per share
 
 
 
 
$ 86.25 
$ 86.25 
 
Issuance date, Preferred Stock
 
 
 
 
Feb. 12, 1997 
Feb. 12, 1997 
 
Liquidation preference per unit, Preferred Units (in dollars per share)
$ 1,000 
 
 
 
$ 1,000 
$ 1,000 
 
Optional redemption date, Preferred Stock
 
 
 
 
Feb. 12, 2027 
Feb. 12, 2027 
 
Annual dividends payable per share, Preferred Stock (in dollars per share)
 
 
 
 
$ 86.25 
$ 86.25 
 
Highwoods Realty Limited Partnership [Member] |
Series B Cumulative Redeemable Preferred Shares [Member]
 
 
 
 
 
 
 
Dividends, Preferred Stock [Abstract]
 
 
 
 
 
 
 
Number of Preferred Stock redeemed during period (in shares)
 
 
 
 
 
2,100,000 
 
Redemption price of Preferred Stock redeemed during period
 
 
 
 
 
52,500,000 
 
Excess of Preferred Unit redemption/repurchase cost over carrying value
 
 
 
 
 
$ 1,900,000 
 
Employee Benefit Plans (Details) (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Compensation and Retirement Disclosure [Abstract]
 
 
 
Officer cash bonus target minimum
30.00% 
 
 
Officer cash bonus target maximum
130.00% 
 
 
Officer cash bonus performance factor minimum
0.00% 
 
 
Officer cash bonus performance factor maximum
200.00% 
 
 
Other management cash bonus target minimum
10.00% 
 
 
Other management cash bonus target maximum
30.00% 
 
 
Number of outstanding options and warrants
1,144,309 
1,224,455 
 
Possible future share issuance authorized under equity incentive plan
2,047,550 
2,363,695 
 
Total shares reserved for future issuance
3,191,859 
3,588,150 
 
Possible future share issuance authorized under equity incentive plan restricted stock
600,000 
 
 
Possible future share issuance authorized under charter
119,700,000 
 
 
Stock-based compensation expense
$ 7,613,000 
$ 6,094,000 
$ 6,572,000 
Total unrecognized stock-based compensation costs
4,500,000 
 
 
Weighted average remaining term of vesting periods (in years)
2 years 4 months 24 days 
 
 
Retirement Plan [Abstract]
 
 
 
Retirement plan qualification years of service (in years)
30 years 
 
 
Retirement plan qualification age
55 years 
 
 
Retirement plan qualification minimum years of service (in years)
10 years 
 
 
2009 and prior retirement plan immediate vesting percentage
100.00% 
 
 
Deferred Compensation [Abstract]
 
 
 
Marketable securities of non-qualified deferred compensation plan fair value disclosure
3,354,000 
3,149,000 
3,479,000 
Units of phantom stock discount
15.00% 
 
 
Phantom stock dividend discount
15.00% 
 
 
Non Qualified Deferred Compensation Obligation Fair Value Disclosure [Roll Forward]
 
 
 
Beginning deferred compensation liability
3,149,000 
4,091,000 
6,898,000 
Contributions to deferred compensation plans
0 
545,000 
229,000 
Mark to market adjustment to deferred compensation (in general and administrative expenses)
475,000 
(119,000)
246,000 
Distributions from deferred compensation plans
(270,000)
(1,368,000)
(3,282,000)
Ending deferred compensation liability
3,354,000 
3,149,000 
4,091,000 
401(k) Savings Plan [Abstract]
 
 
 
401(k) employer match percentage
75.00% 
 
 
401(k) employer match salary limit percentage
6.00% 
 
 
401(k) employer contribution
1,000,000 
1,100,000 
1,000,000 
Employee Stock Purchase Plan [Abstract]
 
 
 
Employee stock purchase plan salary limit percentage
25.00% 
 
 
Employee stock purchase plan market percentage
85.00% 
 
 
Number of days at end of quarter used to calculate ESPP discount
5 days 
 
 
Shares of Common Stock issued under the employee stock purchase plans
34,126 
30,826 
27,378 
Discount on newly issued shares expensed as additional compensation
200,000 
200,000 
100,000 
Stock Options [Member]
 
 
 
Stock Option Activity Rollforward [Abstract]
 
 
 
Balance of options outstanding
1,209,455 1 2
1,480,196 
1,467,773 
Options granted
190,886 
146,581 
190,826 
Options exercised
(271,032)
(417,322)
(178,403)
Balance of options outstanding
1,129,309 
1,209,455 1 2
1,480,196 
Options outstanding, weighted average exercise price
$ 29.08 1 2
$ 27.95 
$ 27.15 
Options granted, weighted average exercise price
$ 31.97 
$ 33.93 
$ 29.05 
Options exercised, weighted average exercise price
$ 26.87 
$ 26.79 
$ 22.54 
Options outstanding, weighted average exercise price
$ 30.10 
$ 29.08 1 2
$ 27.95 
Weighted average remaining life of outstanding options
3 years 4 months 
 
 
Options exercisable
634,550 
 
 
Weighted average exercise price
$ 30.75 
 
 
Weighted average remaining life
2 years 1 month 12 days 
 
 
Intrinsic value
2,600,000 
 
 
Amount of exercisable options with prices higher than the market price of Company Common Stock
173,007 
 
 
Cash received or receivable from options exercised
7,400,000 
11,900,000 
4,400,000 
Total instrinsic value of options exercised
1,900,000 
3,000,000 
1,700,000 
Total intrinsic value of options outstanding
5,000,000 
3,300,000 
7,200,000 
Prior to 2005 Stock Options [Member]
 
 
 
Compensation and Retirement Disclosure [Abstract]
 
 
 
Vesting term of stock options issued (in years)
4 years 
 
 
Option expiration period (in years)
10 years 
 
 
Stock Option Activity Rollforward [Abstract]
 
 
 
Period for absolute total return (in years)
4 years 
 
 
2005 and Subsequent Stock Options [Member]
 
 
 
Compensation and Retirement Disclosure [Abstract]
 
 
 
Vesting term of stock options issued (in years)
4 years 
 
 
Option expiration period (in years)
7 years 
 
 
Grant date fair value of each stock option granted (in dollars per option)
$ 5.47 
$ 6.47 
$ 4.96 
Assumptions Used in Determining Fair Values of Options Granted:
 
 
 
Risk free interest rate
1.10% 3
2.40% 3
2.60% 3
Common stock dividend yield
5.30% 4
5.00% 4
5.90% 4
Expected volatility rate
33.40% 5
32.50% 5
32.20% 5
Average expected option life (in years)
5 years 9 months 6
5 years 9 months 6
5 years 9 months 6
Dividends paid for previous year
1 year 
 
 
Stock Option Activity Rollforward [Abstract]
 
 
 
Period for absolute total return (in years)
4 years 
 
 
Time-Based Restricted Stock [Member]
 
 
 
Stock Option Activity Rollforward [Abstract]
 
 
 
Percentage of employees restricted stock vested per anniversary date
25.00% 
 
 
Percentage of directors time-based restricted stock that vest each year after grant date
25.00% 
 
 
Grant date fair value of restricted stock
$ 32.27 7
$ 33.70 7
$ 29.05 7
Restricted Stock Activity Rollforward [Abstract]
 
 
 
Balance of restricted stock outstanding
224,661 
264,326 
316,074 
Awarded and issued
90,983 7
76,966 7
88,930 7
Vested
(92,239)8
(116,631)8
(138,745)8
Forfeited
(903)
 
(1,933)
Balance of restricted stock outstanding
222,502 
224,661 
264,326 
Restricted stock outstanding, weighted average grant date fair value
$ 28.02 
$ 27.08 
$ 28.60 
Awarded and issued, weighted average grant date fair value
$ 32.27 7
$ 33.70 7
$ 29.05 7
Vested, weighted average grant date fair value
$ 27.14 8
$ 30.64 8
$ 31.81 8
Forfeited, weighted average grant date fair value
$ 30.12 
 
$ 25.86 
Restricted stock outstanding, weighted average grant date fair value
$ 30.31 
$ 28.02 
$ 27.08 
Fair value at grant date of restricted stock issued
2,900,000 
2,600,000 
2,600,000 
Vesting date fair value of restricted stock
2,900,000 
3,900,000 
4,300,000 
Total Return-Based Restricted Stock [Member]
 
 
 
Compensation and Retirement Disclosure [Abstract]
 
 
 
Vesting term of stock options issued (in years)
3 years 
 
 
Assumptions Used in Determining Fair Values of Options Granted:
 
 
 
Risk free interest rate
0.40% 9
0.97% 9
1.32% 9
Common stock dividend yield
5.40% 4
5.42% 4
5.55% 4
Expected volatility rate
43.70% 10
42.80% 10
42.50% 10
Dividends paid for previous year
1 year 
 
 
Stock Option Activity Rollforward [Abstract]
 
 
 
Percentage of return-based restricted stock issued to officers that will vest, minimum
0.00% 
 
 
Percentage of return-based restricted stock issued to officers that will vest, maximum
250.00% 
 
 
Period for absolute total return (in years)
3 years 
 
 
Grant date fair value of restricted stock
$ 38.71 11
$ 41.02 11
$ 29.05 11
Restricted Stock Activity Rollforward [Abstract]
 
 
 
Balance of restricted stock outstanding
122,829 
231,835 
202,775 
Awarded and issued
67,902 11
57,386 11
77,624 11
Vested
(32,722)12
(66,417)12
(47,257)12
Forfeited
(32,721)
(99,975)
(1,307)
Balance of restricted stock outstanding
125,288 
122,829 
231,835 
Restricted stock outstanding, weighted average grant date fair value
$ 34.86 
$ 21.03 
$ 22.05 
Awarded and issued, weighted average grant date fair value
$ 38.71 11
$ 41.02 11
$ 29.05 11
Vested, weighted average grant date fair value
$ 29.47 12
$ 13.79 12
$ 38.50 12
Forfeited, weighted average grant date fair value
$ 29.47 
$ 13.79 
$ 22.99 
Restricted stock outstanding, weighted average grant date fair value
$ 32.87 
$ 34.86 
$ 21.03 
Fair value at grant date of restricted stock issued
2,600,000 
2,400,000 
2,300,000 
Vesting date fair value of restricted stock
1,100,000 
2,000,000 
1,600,000 
Partnership [Member]
 
 
 
Compensation and Retirement Disclosure [Abstract]
 
 
 
Officer cash bonus target minimum
30.00% 
 
 
Officer cash bonus target maximum
130.00% 
 
 
Officer cash bonus performance factor minimum
0.00% 
 
 
Officer cash bonus performance factor maximum
200.00% 
 
 
Other management cash bonus target minimum
10.00% 
 
 
Other management cash bonus target maximum
30.00% 
 
 
Number of outstanding options and warrants
1,144,309 
1,224,455 
 
Possible future share issuance authorized under equity incentive plan
2,047,550 
2,363,695 
 
Total shares reserved for future issuance
3,191,859 
3,588,150 
 
Possible future share issuance authorized under equity incentive plan restricted stock
600,000 
 
 
Possible future share issuance authorized under charter
119,700,000 
 
 
Stock-based compensation expense
7,613,000 
6,094,000 
6,572,000 
Total unrecognized stock-based compensation costs
4,500,000 
 
 
Weighted average remaining term of vesting periods (in years)
2 years 4 months 24 days 
 
 
Retirement Plan [Abstract]
 
 
 
Retirement plan qualification years of service (in years)
30 years 
 
 
Retirement plan qualification age
55 years 
 
 
Retirement plan qualification minimum years of service (in years)
10 years 
 
 
2009 and prior retirement plan immediate vesting percentage
100.00% 
 
 
Deferred Compensation [Abstract]
 
 
 
Marketable securities of non-qualified deferred compensation plan fair value disclosure
3,354,000 
3,149,000 
3,479,000 
Units of phantom stock discount
15.00% 
 
 
Phantom stock dividend discount
15.00% 
 
 
Non Qualified Deferred Compensation Obligation Fair Value Disclosure [Roll Forward]
 
 
 
Beginning deferred compensation liability
3,149,000 
4,091,000 
6,898,000 
Contributions to deferred compensation plans
0 
545,000 
229,000 
Mark to market adjustment to deferred compensation (in general and administrative expenses)
475,000 
(119,000)
246,000 
Distributions from deferred compensation plans
(270,000)
(1,368,000)
(3,282,000)
Ending deferred compensation liability
3,354,000 
3,149,000 
4,091,000 
401(k) Savings Plan [Abstract]
 
 
 
401(k) employer match percentage
75.00% 
 
 
401(k) employer match salary limit percentage
6.00% 
 
 
401(k) employer contribution
1,000,000 
1,100,000 
1,000,000 
Employee Stock Purchase Plan [Abstract]
 
 
 
Employee stock purchase plan salary limit percentage
25.00% 
 
 
Employee stock purchase plan market percentage
85.00% 
 
 
Number of days at end of quarter used to calculate ESPP discount
5 days 
 
 
Shares of Common Stock issued under the employee stock purchase plans
34,126 
30,826 
27,378 
Discount on newly issued shares expensed as additional compensation
200,000 
200,000 
100,000 
Partnership [Member] |
Stock Options [Member]
 
 
 
Stock Option Activity Rollforward [Abstract]
 
 
 
Balance of options outstanding
1,209,455 1 2
1,480,196 
1,467,773 
Options granted
190,886 
146,581 
190,826 
Options exercised
(271,032)
(417,322)
(178,403)
Balance of options outstanding
1,129,309 
1,209,455 1 2
1,480,196 
Options outstanding, weighted average exercise price
$ 29.08 1 2
$ 27.95 
$ 27.15 
Options granted, weighted average exercise price
$ 31.97 
$ 33.93 
$ 29.05 
Options exercised, weighted average exercise price
$ 26.87 
$ 26.79 
$ 22.54 
Options outstanding, weighted average exercise price
$ 30.10 
$ 29.08 1 2
$ 27.95 
Weighted average remaining life of outstanding options
3 years 4 months 
 
 
Options exercisable
634,550 
 
 
Weighted average exercise price
$ 30.75 
 
 
Weighted average remaining life
2 years 1 month 12 days 
 
 
Intrinsic value
2,600,000 
 
 
Amount of exercisable options with prices higher than the market price of Company Common Stock
173,007 
 
 
Cash received or receivable from options exercised
7,400,000 
11,900,000 
4,400,000 
Total instrinsic value of options exercised
1,900,000 
3,000,000 
1,700,000 
Total intrinsic value of options outstanding
5,000,000 
3,300,000 
7,200,000 
Partnership [Member] |
Prior to 2005 Stock Options [Member]
 
 
 
Compensation and Retirement Disclosure [Abstract]
 
 
 
Vesting term of stock options issued (in years)
4 years 
 
 
Option expiration period (in years)
10 years 
 
 
Stock Option Activity Rollforward [Abstract]
 
 
 
Period for absolute total return (in years)
4 years 
 
 
Partnership [Member] |
2005 and Subsequent Stock Options [Member]
 
 
 
Compensation and Retirement Disclosure [Abstract]
 
 
 
Vesting term of stock options issued (in years)
4 years 
 
 
Option expiration period (in years)
7 years 
 
 
Grant date fair value of each stock option granted (in dollars per option)
$ 5.47 
$ 6.47 
$ 4.96 
Assumptions Used in Determining Fair Values of Options Granted:
 
 
 
Risk free interest rate
1.10% 3
2.43% 3
2.58% 3
Common stock dividend yield
5.30% 4
5.01% 4
5.85% 4
Expected volatility rate
33.40% 5
32.50% 5
32.20% 5
Average expected option life (in years)
5 years 9 months 6
5 years 9 months 6
5 years 9 months 6
Dividends paid for previous year
1 year 
 
 
Stock Option Activity Rollforward [Abstract]
 
 
 
Period for absolute total return (in years)
4 years 
 
 
Partnership [Member] |
Time-Based Restricted Stock [Member]
 
 
 
Stock Option Activity Rollforward [Abstract]
 
 
 
Percentage of employees restricted stock vested per anniversary date
25.00% 
 
 
Percentage of directors time-based restricted stock that vest each year after grant date
25.00% 
 
 
Grant date fair value of restricted stock
$ 32.27 7
$ 33.70 7
$ 29.05 7
Restricted Stock Activity Rollforward [Abstract]
 
 
 
Balance of restricted stock outstanding
224,661 
264,326 
316,074 
Awarded and issued
90,983 7
76,966 7
88,930 7
Vested
(92,239)8
(116,631)8
(138,745)8
Forfeited
(903)
 
(1,933)
Balance of restricted stock outstanding
222,502 
224,661 
264,326 
Restricted stock outstanding, weighted average grant date fair value
$ 28.02 
$ 27.08 
$ 28.60 
Awarded and issued, weighted average grant date fair value
$ 32.27 7
$ 33.70 7
$ 29.05 7
Vested, weighted average grant date fair value
$ 27.14 8
$ 30.64 8
$ 31.81 8
Forfeited, weighted average grant date fair value
$ 30.12 
 
$ 25.86 
Restricted stock outstanding, weighted average grant date fair value
$ 30.31 
$ 28.02 
$ 27.08 
Fair value at grant date of restricted stock issued
2,900,000 
2,600,000 
2,600,000 
Vesting date fair value of restricted stock
2,900,000 
3,900,000 
4,300,000 
Partnership [Member] |
Total Return-Based Restricted Stock [Member]
 
 
 
Compensation and Retirement Disclosure [Abstract]
 
 
 
Vesting term of stock options issued (in years)
3 years 
 
 
Assumptions Used in Determining Fair Values of Options Granted:
 
 
 
Risk free interest rate
0.40% 9
1.00% 9
1.30% 9
Common stock dividend yield
5.40% 4
5.40% 4
5.60% 4
Expected volatility rate
43.70% 10
42.80% 10
42.50% 10
Dividends paid for previous year
1 year 
 
 
Stock Option Activity Rollforward [Abstract]
 
 
 
Percentage of return-based restricted stock issued to officers that will vest, minimum
0.00% 
 
 
Percentage of return-based restricted stock issued to officers that will vest, maximum
250.00% 
 
 
Period for absolute total return (in years)
3 years 
 
 
Grant date fair value of restricted stock
$ 38.71 11
$ 41.02 11
$ 29.05 11
Restricted Stock Activity Rollforward [Abstract]
 
 
 
Balance of restricted stock outstanding
122,829 
231,835 
202,775 
Awarded and issued
67,902 11
57,386 11
77,624 11
Vested
(32,722)12
(66,417)12
(47,257)12
Forfeited
(32,721)
(99,975)
(1,307)
Balance of restricted stock outstanding
125,288 
122,829 
231,835 
Restricted stock outstanding, weighted average grant date fair value
$ 34.86 
$ 21.03 
$ 22.05 
Awarded and issued, weighted average grant date fair value
$ 38.71 11
$ 41.02 11
$ 29.05 11
Vested, weighted average grant date fair value
$ 29.47 12
$ 13.79 12
$ 38.50 12
Forfeited, weighted average grant date fair value
$ 29.47 
$ 13.79 
$ 22.99 
Restricted stock outstanding, weighted average grant date fair value
$ 32.87 
$ 34.86 
$ 21.03 
Fair value at grant date of restricted stock issued
2,600,000 
2,400,000 
2,300,000 
Vesting date fair value of restricted stock
$ 1,100,000 
$ 2,000,000 
$ 1,600,000 
Accumulated Other Comprehensive Loss (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Available For Sale Securities Gross Unrealized Gain Loss Calculation [Roll Forward]
 
 
 
Tax increment financing bond, beginning balance
$ (2,309)
$ (2,543)
 
Unrealized gains/(losses) on tax increment financing bond
411 
234 
(177)
Tax increment financing bond, ending balance
(1,898)
(2,309)
(2,543)
Cash Flow Hedges Derivative Instruments At Fair Value Net Calculation [Roll Forward]
 
 
 
Cash flow hedges, beginning balance
(3,425)
(1,105)
 
Unrealized losses on cash flow hedges
(10,358)
(2,202)
0 
Amortization of cash flow hedges
3,053 
(118)
237 
Cash flow hedges, ending balance
(10,730)
(3,425)
(1,105)
Total accumulated other comprehensive loss
(12,628)
(5,734)
 
Highwoods Realty Limited Partnership [Member]
 
 
 
Available For Sale Securities Gross Unrealized Gain Loss Calculation [Roll Forward]
 
 
 
Tax increment financing bond, beginning balance
(2,309)
(2,543)
 
Unrealized gains/(losses) on tax increment financing bond
411 
234 
(177)
Tax increment financing bond, ending balance
(1,898)
(2,309)
(2,543)
Cash Flow Hedges Derivative Instruments At Fair Value Net Calculation [Roll Forward]
 
 
 
Cash flow hedges, beginning balance
(3,425)
(1,105)
 
Unrealized losses on cash flow hedges
(10,358)
(2,202)
0 
Amortization of cash flow hedges
3,053 
(118)
237 
Cash flow hedges, ending balance
(10,730)
(3,425)
(1,105)
Total accumulated other comprehensive loss
$ (12,628)
$ (5,734)
 
Rental and Other Revenues; Rental Property and Other Expenses (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Real Estate Revenue, Net [Abstract]
 
 
 
 
 
 
 
 
 
 
 
Contractual rents, net
 
 
 
 
 
 
 
 
$ 439,610 
$ 402,275 
$ 379,554 
Straight-line rental income, net
 
 
 
 
 
 
 
 
18,775 
12,173 
10,582 
Amortization of lease incentives
 
 
 
 
 
 
 
 
(1,424)
(1,342)
(1,202)
Cost recovery income, net
 
 
 
 
 
 
 
 
41,289 
35,561 
41,101 
Lease termination fees
 
 
 
 
 
 
 
 
1,848 
2,439 
2,938 
Fee income
 
 
 
 
 
 
 
 
4,965 
5,571 
5,466 
Other miscellaneous operating revenues
 
 
 
 
 
 
 
 
11,039 
6,767 
2,397 
Real estate revenue, net
133,982 1
128,214 1
128,323 1
125,583 1
123,947 1
117,265 1
112,185 1
110,047 1
516,102 
463,444 
440,836 
Future minimum base rents [Abstract]
 
 
 
 
 
 
 
 
 
 
 
2013
463,913 
 
 
 
 
 
 
 
463,913 
 
 
2014
430,278 
 
 
 
 
 
 
 
430,278 
 
 
2015
378,021 
 
 
 
 
 
 
 
378,021 
 
 
2016
325,970 
 
 
 
 
 
 
 
325,970 
 
 
2017
267,530 
 
 
 
 
 
 
 
267,530 
 
 
Thereafter
878,894 
 
 
 
 
 
 
 
878,894 
 
 
Total future minimum base rents
2,744,606 
 
 
 
 
 
 
 
2,744,606 
 
 
Operating Costs and Expenses [Abstract]
 
 
 
 
 
 
 
 
 
 
 
Utilities, insurance and real estate taxes
 
 
 
 
 
 
 
 
100,956 
92,119 
86,013 
Maintenance, cleaning and general building
 
 
 
 
 
 
 
 
69,026 
58,910 
54,422 
Property management and administrative expenses
 
 
 
 
 
 
 
 
12,542 
11,295 
10,832 
Other miscellaneous operating expenses
 
 
 
 
 
 
 
 
4,910 
5,529 
4,504 
Rental property and other expenses, net
 
 
 
 
 
 
 
 
187,434 
167,853 
155,771 
Highwoods Realty Limited Partnership [Member]
 
 
 
 
 
 
 
 
 
 
 
Real Estate Revenue, Net [Abstract]
 
 
 
 
 
 
 
 
 
 
 
Contractual rents, net
 
 
 
 
 
 
 
 
439,610 
402,275 
379,554 
Straight-line rental income, net
 
 
 
 
 
 
 
 
18,775 
12,173 
10,582 
Amortization of lease incentives
 
 
 
 
 
 
 
 
(1,424)
(1,342)
(1,202)
Cost recovery income, net
 
 
 
 
 
 
 
 
41,289 
35,561 
41,101 
Lease termination fees
 
 
 
 
 
 
 
 
1,848 
2,439 
2,938 
Fee income
 
 
 
 
 
 
 
 
4,965 
5,571 
5,466 
Other miscellaneous operating revenues
 
 
 
 
 
 
 
 
11,039 
6,767 
2,397 
Real estate revenue, net
133,982 
128,214 
128,323 
125,583 
123,947 
117,265 
112,185 
110,047 
516,102 
463,444 
440,836 
Future minimum base rents [Abstract]
 
 
 
 
 
 
 
 
 
 
 
2013
463,913 
 
 
 
 
 
 
 
463,913 
 
 
2014
430,278 
 
 
 
 
 
 
 
430,278 
 
 
2015
378,021 
 
 
 
 
 
 
 
378,021 
 
 
2016
325,970 
 
 
 
 
 
 
 
325,970 
 
 
2017
267,530 
 
 
 
 
 
 
 
267,530 
 
 
Thereafter
878,894 
 
 
 
 
 
 
 
878,894 
 
 
Total future minimum base rents
2,744,606 
 
 
 
 
 
 
 
2,744,606 
 
 
Operating Costs and Expenses [Abstract]
 
 
 
 
 
 
 
 
 
 
 
Utilities, insurance and real estate taxes
 
 
 
 
 
 
 
 
100,707 
92,093 
85,653 
Maintenance, cleaning and general building
 
 
 
 
 
 
 
 
69,026 
58,910 
54,422 
Property management and administrative expenses
 
 
 
 
 
 
 
 
12,542 
11,295 
10,832 
Other miscellaneous operating expenses
 
 
 
 
 
 
 
 
4,910 
5,529 
4,504 
Rental property and other expenses, net
 
 
 
 
 
 
 
 
$ 187,185 
$ 167,827 
$ 155,411 
Discontinued Operations (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Income Statement:
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
$ 10,120 
$ 21,002 
$ 23,917 
Operating expenses:
 
 
 
 
 
 
 
 
 
 
 
Rental property and other expenses
 
 
 
 
 
 
 
 
3,766 
8,865 
9,273 
Depreciation and amortization
 
 
 
 
 
 
 
 
2,009 
5,256 
5,926 
Total operating expenses
 
 
 
 
 
 
 
 
5,775 
14,121 
15,199 
Interest expense
 
 
 
 
 
 
 
 
283 
489 
421 
Income from discontinued operations
 
 
 
 
 
 
 
 
4,062 
6,392 
8,297 
Net gains/(losses) on disposition of discontinued operations
 
 
 
 
 
 
 
 
29,455 
2,573 
(86)
Total discontinued operations
0 1
23,483 1
3,121 1
6,913 1
1,044 1
4,287 1
1,862 1
1,772 1
33,517 
8,965 
8,211 
Carrying value of assets held for sale and assets sold that qualified for discontinued operations during the year
122,861 
 
 
 
137,237 
 
 
 
122,861 
137,237 
165,243 
Assets:
 
 
 
 
 
 
 
 
 
 
 
Land
0 
 
 
 
14,077 
 
 
 
0 
14,077 
 
Buildings and tenant improvements
0 
 
 
 
135,013 
 
 
 
0 
135,013 
 
Less - accumulated depreciation
0 
 
 
 
(32,254)
 
 
 
0 
(32,254)
 
Net real estate assets
0 
 
 
 
116,836 
 
 
 
0 
116,836 
 
Accrued straight-line rents receivable
0 
 
 
 
6,520 
 
 
 
0 
6,520 
 
Deferred leasing costs, net
0 
 
 
 
811 
 
 
 
0 
811 
 
Prepaid expenses and other assets
0 
 
 
 
106 
 
 
 
0 
106 
 
Real estate and other assets, net, held for sale
0 
 
 
 
124,273 
 
 
 
0 
124,273 
 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
Mortgages and notes payable
0 
 
 
 
34,307 
 
 
 
0 
34,307 
 
Accrued expenses and other liabilities
0 
 
 
 
214 
 
 
 
0 
214 
 
Financing obligations
0 
 
 
 
1,294 
 
 
 
0 
1,294 
 
Liabilities held for sale
0 
 
 
 
35,815 
 
 
 
0 
35,815 
 
Pinellas County, FL Office Property Disposition [Member]
 
 
 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
Number of office properties included in real estate and other assets held for sale, net
 
 
 
 
1 
 
 
 
 
1 
 
Nashville, TN Office Properties Disposition [Member]
 
 
 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
Number of office properties included in real estate and other assets held for sale, net
 
 
 
 
5 
 
 
 
 
5 
 
Kansas City, MO Office Property Held For Sale [Member]
 
 
 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
Number of office properties included in real estate and other assets held for sale, net
 
 
 
 
1 
 
 
 
 
1 
 
Atlanta GA and Jackson MS Office Properties Disposition [Member]
 
 
 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
Number of office properties included in real estate and other assets held for sale, net
 
 
 
 
3 
 
 
 
 
3 
 
Kansas City, MO Rental Residential Disposition [Member]
 
 
 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
Number of residential properties included in real estate and other assets held for sale, net
 
 
 
 
96 
 
 
 
 
96 
 
Highwoods Realty Limited Partnership [Member]
 
 
 
 
 
 
 
 
 
 
 
Income Statement:
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
10,120 
21,002 
23,917 
Operating expenses:
 
 
 
 
 
 
 
 
 
 
 
Rental property and other expenses
 
 
 
 
 
 
 
 
3,766 
8,865 
9,273 
Depreciation and amortization
 
 
 
 
 
 
 
 
2,009 
5,256 
5,926 
Total operating expenses
 
 
 
 
 
 
 
 
5,775 
14,121 
15,199 
Interest expense
 
 
 
 
 
 
 
 
283 
489 
421 
Income from discontinued operations
 
 
 
 
 
 
 
 
4,062 
6,392 
8,297 
Net gains/(losses) on disposition of discontinued operations
 
 
 
 
 
 
 
 
29,455 
2,573 
(86)
Total discontinued operations
0 
23,483 
3,121 
6,913 
1,044 
4,287 
1,862 
1,772 
33,517 
8,965 
8,211 
Carrying value of assets held for sale and assets sold that qualified for discontinued operations during the year
122,861 
 
 
 
137,237 
 
 
 
122,861 
137,237 
165,243 
Assets:
 
 
 
 
 
 
 
 
 
 
 
Land
0 
 
 
 
14,077 
 
 
 
0 
14,077 
 
Buildings and tenant improvements
0 
 
 
 
135,013 
 
 
 
0 
135,013 
 
Less - accumulated depreciation
0 
 
 
 
(32,254)
 
 
 
0 
(32,254)
 
Net real estate assets
0 
 
 
 
116,836 
 
 
 
0 
116,836 
 
Accrued straight-line rents receivable
0 
 
 
 
6,520 
 
 
 
0 
6,520 
 
Deferred leasing costs, net
0 
 
 
 
811 
 
 
 
0 
811 
 
Prepaid expenses and other assets
0 
 
 
 
106 
 
 
 
0 
106 
 
Real estate and other assets, net, held for sale
0 
 
 
 
124,273 
 
 
 
0 
124,273 
 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
Mortgages and notes payable
0 
 
 
 
34,307 
 
 
 
0 
34,307 
 
Accrued expenses and other liabilities
0 
 
 
 
214 
 
 
 
0 
214 
 
Financing obligations
0 
 
 
 
1,294 
 
 
 
0 
1,294 
 
Liabilities held for sale
$ 0 
 
 
 
$ 35,815 
 
 
 
$ 0 
$ 35,815 
 
Highwoods Realty Limited Partnership [Member] |
Pinellas County, FL Office Property Disposition [Member]
 
 
 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
Number of office properties included in real estate and other assets held for sale, net
 
 
 
 
1 
 
 
 
 
1 
 
Highwoods Realty Limited Partnership [Member] |
Nashville, TN Office Properties Disposition [Member]
 
 
 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
Number of office properties included in real estate and other assets held for sale, net
 
 
 
 
5 
 
 
 
 
5 
 
Highwoods Realty Limited Partnership [Member] |
Kansas City, MO Office Property Held For Sale [Member]
 
 
 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
Number of office properties included in real estate and other assets held for sale, net
 
 
 
 
1 
 
 
 
 
1 
 
Highwoods Realty Limited Partnership [Member] |
Atlanta GA and Jackson MS Office Properties Disposition [Member]
 
 
 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
Number of office properties included in real estate and other assets held for sale, net
 
 
 
 
3 
 
 
 
 
3 
 
Highwoods Realty Limited Partnership [Member] |
Kansas City, MO Rental Residential Disposition [Member]
 
 
 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
Number of residential properties included in real estate and other assets held for sale, net
 
 
 
 
96 
 
 
 
 
96 
 
Earnings Per Share (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Numerator:
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations
$ 15,609 1
$ 12,313 1
$ 11,377 1
$ 11,419 1
$ 11,806 1
$ 3,957 1
$ 12,572 1
$ 10,671 1
$ 50,718 
$ 39,006 
$ 64,092 
Net (income) attributable to noncontrolling interests in the Operating Partnership from continuing operations
 
 
 
 
 
 
 
 
(2,260)
(1,645)
(2,905)
Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations
(220)
(159)
(223)
(184)
(201)
(249)
(182)
(123)
(786)
(755)
(485)
Dividends on Preferred Stock
(627)
(627)
(627)
(627)
(627)
(627)
(1,622)
(1,677)
(2,508)
(4,553)
(6,708)
Excess of Preferred Stock redemption/repurchase cost over carrying value
 
 
 
 
0 
0 
(1,895)
0 
0 
(1,895)
0 
Income from continuing operations available for common stockholders
 
 
 
 
 
 
 
 
45,164 
30,158 
53,994 
Income from discontinued operations
0 1
23,483 1
3,121 1
6,913 1
1,044 1
4,287 1
1,862 1
1,772 1
33,517 
8,965 
8,211 
Net (income) attributable to noncontrolling interests in the Operating Partnership from discontinued operations
 
 
 
 
 
 
 
 
(1,594)
(446)
(415)
Income from discontinued operations available for common stockholders
 
 
 
 
 
 
 
 
31,923 
8,519 
7,796 
Net income available for common stockholders
14,074 
33,357 
12,962 
16,694 
11,427 
7,002 
10,112 
10,136 
77,087 
38,677 
61,790 
Denominator:
 
 
 
 
 
 
 
 
 
 
 
Denominator for basic earnings per Common Share - weighted average shares (in shares)
 
 
 
 
 
 
 
 
75,811,000 2 3
72,281,000 2 3
71,578,000 2 3
Earnings per Common Share - basic:
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common stockholders (in dollars per share)
$ 0.18 
$ 0.15 
$ 0.13 
$ 0.14 
$ 0.14 
$ 0.04 
$ 0.12 
$ 0.12 
$ 0.60 
$ 0.42 
$ 0.75 
Income from discontinued operations available for common stockholders (in dollars per share)
$ 0.00 
$ 0.29 
$ 0.04 
$ 0.09 
$ 0.02 
$ 0.06 
$ 0.02 
$ 0.02 
$ 0.42 
$ 0.12 
$ 0.11 
Net income available for common stockholders (in dollars per share)
$ 0.18 
$ 0.44 
$ 0.17 
$ 0.23 
$ 0.16 
$ 0.10 
$ 0.14 
$ 0.14 
$ 1.02 
$ 0.54 
$ 0.86 
Numerator:
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations
15,609 1
12,313 1
11,377 1
11,419 1
11,806 1
3,957 1
12,572 1
10,671 1
50,718 
39,006 
64,092 
Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations
(220)
(159)
(223)
(184)
(201)
(249)
(182)
(123)
(786)
(755)
(485)
Dividends on Preferred Stock
(627)
(627)
(627)
(627)
(627)
(627)
(1,622)
(1,677)
(2,508)
(4,553)
(6,708)
Excess of Preferred Stock redemption/repurchase cost over carrying value
 
 
 
 
0 
0 
(1,895)
0 
0 
(1,895)
0 
Income from continuing operations available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership
 
 
 
 
 
 
 
 
47,424 
31,803 
56,899 
Income from discontinued operations
0 1
23,483 1
3,121 1
6,913 1
1,044 1
4,287 1
1,862 1
1,772 1
33,517 
8,965 
8,211 
Net income available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership
 
 
 
 
 
 
 
 
80,941 
40,768 
65,110 
Denominator:
 
 
 
 
 
 
 
 
 
 
 
Denominator for basic earnings per Common Share - weighted average shares (in shares)
 
 
 
 
 
 
 
 
75,811,000 2 3
72,281,000 2 3
71,578,000 2 3
Stock options using the treasury method
 
 
 
 
 
 
 
 
122,000 
136,000 
198,000 
Noncontrolling interests Common Units
 
 
 
 
 
 
 
 
3,745,000 
3,772,000 
3,802,000 
Denominator for diluted earnings per Common Share - adjusted weighted average shares and assumed conversions (in shares) (1)
 
 
 
 
 
 
 
 
79,678,000 3
76,189,000 3
75,578,000 3
Earnings per Common Share - diluted:
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common stockholders (in dollars per share)
$ 0.18 
$ 0.14 
$ 0.13 
$ 0.14 
$ 0.14 
$ 0.04 
$ 0.12 
$ 0.12 
$ 0.60 
$ 0.42 
$ 0.75 
Income from discontinued operations available for common stockholders (in dollars per share)
$ 0.00 
$ 0.29 
$ 0.04 
$ 0.09 
$ 0.02 
$ 0.06 
$ 0.02 
$ 0.02 
$ 0.42 
$ 0.12 
$ 0.11 
Net income available for common stockholders (in dollars per share)
$ 0.18 
$ 0.43 
$ 0.17 
$ 0.23 
$ 0.16 
$ 0.10 
$ 0.14 
$ 0.14 
$ 1.02 
$ 0.54 
$ 0.86 
Earnings per Common Unit - diluted:
 
 
 
 
 
 
 
 
 
 
 
Number of anti-dilutive options and warrants not included in earnings per share (in dollars per share)
 
 
 
 
 
 
 
 
500,000 
400,000 
700,000 
Highwoods Realty Limited Partnership [Member]
 
 
 
 
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations
15,660 
12,317 
11,380 
11,421 
11,855 
3,957 
12,576 
10,679 
50,778 
39,067 
64,065 
Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations
(220)
(159)
(223)
(184)
201 
249 
182 
123 
(786)
(755)
(485)
Distributions on Preferred Units
(627)
(627)
(627)
(627)
627 
627 
1,622 
1,677 
(2,508)
(4,553)
(6,708)
Excess of Preferred Unit redemption/repurchase cost over carrying value
 
 
 
 
0 
0 
1,895 
0 
0 
(1,895)
0 
Income from continuing operations available for common unitholders
 
 
 
 
 
 
 
 
47,484 
31,864 
56,872 
Income from discontinued operations available for common unitholders
0 
23,483 
3,121 
6,913 
1,044 
4,287 
1,862 
1,772 
33,517 
8,965 
8,211 
Net income available for common unitholders
14,813 
35,014 
13,651 
17,523 
12,071 
7,368 
10,739 
10,651 
81,001 
40,829 
65,083 
Denominator:
 
 
 
 
 
 
 
 
 
 
 
Denominator for basic earnings per Common Unit - weighted average units (in shares)
 
 
 
 
 
 
 
 
79,147,000 
75,644,000 
74,971,000 
Earnings per Common Unit - basic:
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common unitholders (in dollars per share)
$ 0.18 
$ 0.15 
$ 0.14 
$ 0.14 
$ 0.15 
$ 0.04 
$ 0.12 
$ 0.12 
$ 0.60 
$ 0.42 
$ 0.76 
Income from discontinued operations available for common unitholders (in dollars per share)
$ 0.00 
$ 0.29 
$ 0.04 
$ 0.09 
$ 0.01 
$ 0.06 
$ 0.02 
$ 0.02 
$ 0.42 
$ 0.12 
$ 0.11 
Net income available for common unitholders (in dollars per share)
$ 0.18 
$ 0.44 
$ 0.18 
$ 0.23 
$ 0.16 
$ 0.10 
$ 0.14 
$ 0.14 
$ 1.02 
$ 0.54 
$ 0.87 
Numerator:
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations
15,660 
12,317 
11,380 
11,421 
11,855 
3,957 
12,576 
10,679 
50,778 
39,067 
64,065 
Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations
(220)
(159)
(223)
(184)
201 
249 
182 
123 
(786)
(755)
(485)
Preferred Unit Distributions, Income Statement Impact
627 
627 
627 
627 
(627)
(627)
(1,622)
(1,677)
2,508 
4,553 
6,708 
Excess of Preferred Unit redemption/repurchase cost over carrying value
 
 
 
 
0 
0 
1,895 
0 
0 
(1,895)
0 
Income from continuing operations available for common unitholders
 
 
 
 
 
 
 
 
47,484 
31,864 
56,872 
Income from discontinued operations available for common unitholders
0 
23,483 
3,121 
6,913 
1,044 
4,287 
1,862 
1,772 
33,517 
8,965 
8,211 
Net income available for common unitholders
$ 14,813 
$ 35,014 
$ 13,651 
$ 17,523 
$ 12,071 
$ 7,368 
$ 10,739 
$ 10,651 
$ 81,001 
$ 40,829 
$ 65,083 
Denominator:
 
 
 
 
 
 
 
 
 
 
 
Denominator for basic earnings per Common Unit - weighted average units (in shares)
 
 
 
 
 
 
 
 
79,147,000 
75,644,000 
74,971,000 
Stock options using the treasury method
 
 
 
 
 
 
 
 
122,000 
136,000 
198,000 
Denominator for diluted earnings per Common Unit - adjusted weighted average units and assumed conversions (in shares)
 
 
 
 
 
 
 
 
79,269,000 
75,780,000 
75,169,000 
Earnings per Common Unit - diluted:
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common unitholders (in dollars per share)
0.18 
0.15 
0.13 
0.14 
0.15 
0.04 
0.12 
0.12 
0.60 
0.42 
0.76 
Income from discontinued operations available for common unitholders (in dollars per share)
0.00 
0.29 
0.04 
0.09 
0.01 
0.06 
0.02 
0.02 
0.42 
0.12 
0.11 
Net income available for common unitholders (in dollars per share)
0.18 
0.44 
0.17 
0.23 
0.16 
0.10 
0.14 
0.14 
1.02 
0.54 
0.87 
Number of anti-dilutive options and warrants not included in earnings per share (in dollars per share)
 
 
 
 
 
 
 
 
500,000 
400,000 
700,000 
Income Taxes (Details) (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Income Tax Disclosure [Line Items]
 
 
 
Minimum dividend required to maintain REIT status
$ 1.07 
$ 1.01 
$ 0.32 
Tax basis of assets
2,900,000,000 
2,700,000,000 
 
Tax basis of liabilities
2,000,000,000 
2,000,000,000 
 
Cumulative taxable loss that taxable REIT subsidiary has operated
4,700,000 
 
 
Deferred tax asset for cumulative tax loss carryforwards
2,100,000 
 
 
Net deferred tax liabilities
2,200,000 
 
 
Reserved amount of net deferred tax asset position of taxable REIT subsidiary
 
400,000 
 
Deferred income tax expense
100,000 
 
 
State income tax expense in rental property and other expenses recorded
100,000 
100,000 
100,000 
Highwoods Realty Limited Partnership [Member]
 
 
 
Income Tax Disclosure [Line Items]
 
 
 
Minimum dividend required to maintain REIT status
1.07 
1.01 
0.32 
Tax basis of assets
2,900,000,000 
2,700,000,000 
 
Tax basis of liabilities
2,000,000,000 
2,000,000,000 
 
Cumulative taxable loss that taxable REIT subsidiary has operated
4,700,000 
 
 
Deferred tax asset for cumulative tax loss carryforwards
2,100,000 
 
 
Net deferred tax liabilities
2,200,000 
 
 
Reserved amount of net deferred tax asset position of taxable REIT subsidiary
 
400,000 
 
Deferred income tax expense
100,000 
 
 
State income tax expense in rental property and other expenses recorded
$ 100,000 
$ 100,000 
$ 100,000 
Segment Information (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Segment Reporting [Abstract]
 
 
 
 
 
 
 
 
 
 
 
Limit of consolidated revenue generated by any single customer
 
 
 
 
 
 
 
 
10.00% 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
$ 133,982 1
$ 128,214 1
$ 128,323 1
$ 125,583 1
$ 123,947 1
$ 117,265 1
$ 112,185 1
$ 110,047 1
$ 516,102 
$ 463,444 
$ 440,836 
Total net operating income
 
 
 
 
 
 
 
 
328,668 
295,591 
285,065 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Depreciation and amortization
 
 
 
 
 
 
 
 
(156,318)
(137,890)
(130,232)
Impairments of real estate assets
 
 
 
 
 
 
 
 
0 
(2,429)
0 
General and administrative expense
 
 
 
 
 
 
 
 
(37,377)
(35,727)
(32,948)
Interest expense
 
 
 
 
 
 
 
 
(96,114)
(95,510)
(92,951)
Other income
 
 
 
 
 
 
 
 
6,380 
7,363 
5,657 
Income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates
 
 
 
 
 
 
 
 
45,239 
31,398 
34,591 
Total Assets
3,350,428 
 
 
 
3,180,992 
 
 
 
3,350,428 
3,180,992 
 
Office Total Segment [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
453,568 2
404,082 2
382,613 2
Total net operating income
 
 
 
 
 
 
 
 
287,973 2
257,273 2
247,810 2
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
2,828,796 
 
 
 
2,612,488 
 
 
 
2,828,796 
2,612,488 
 
Office Atlanta, GA [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
61,947 
49,521 
44,480 
Total net operating income
 
 
 
 
 
 
 
 
39,306 
31,077 
27,607 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
495,175 
 
 
 
359,225 
 
 
 
495,175 
359,225 
 
Office Greenville, SC [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
13,395 
14,076 
13,612 
Total net operating income
 
 
 
 
 
 
 
 
7,612 
8,333 
8,142 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
69,138 
 
 
 
69,669 
 
 
 
69,138 
69,669 
 
Office Kansas City, MO [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
15,003 
13,795 
14,160 
Total net operating income
 
 
 
 
 
 
 
 
9,516 
8,374 
8,824 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
84,538 
 
 
 
86,028 
 
 
 
84,538 
86,028 
 
Office Memphis, TN [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
36,832 
36,801 
31,479 
Total net operating income
 
 
 
 
 
 
 
 
21,848 
20,874 
18,640 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
225,541 
 
 
 
265,259 
 
 
 
225,541 
265,259 
 
Office Nashville, TN [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
56,542 
53,645 
52,159 
Total net operating income
 
 
 
 
 
 
 
 
38,831 
36,586 
35,451 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
314,705 
 
 
 
325,272 
 
 
 
314,705 
325,272 
 
Office Orlando, FL [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
11,169 
10,233 
11,611 
Total net operating income
 
 
 
 
 
 
 
 
5,841 
5,187 
6,256 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
51,373 
 
 
 
46,547 
 
 
 
51,373 
46,547 
 
Office Piedmont Triad, NC [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
21,569 
20,645 
21,163 
Total net operating income
 
 
 
 
 
 
 
 
13,325 
13,041 
13,886 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
144,404 
 
 
 
115,096 
 
 
 
144,404 
115,096 
 
Office Pittsburgh, PA [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
38,796 
10,963 
0 
Total net operating income
 
 
 
 
 
 
 
 
19,545 
5,450 
0 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
330,975 
 
 
 
227,965 
 
 
 
330,975 
227,965 
 
Office Raleigh, NC [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
81,624 
78,638 
75,714 
Total net operating income
 
 
 
 
 
 
 
 
56,628 
54,699 
52,347 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
479,995 
 
 
 
468,494 
 
 
 
479,995 
468,494 
 
Office Richmond, VA [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
47,310 
47,525 
47,175 
Total net operating income
 
 
 
 
 
 
 
 
32,407 
31,281 
32,035 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
246,276 
 
 
 
254,364 
 
 
 
246,276 
254,364 
 
Office Tampa, FL [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
69,381 
68,240 
71,060 
Total net operating income
 
 
 
 
 
 
 
 
43,114 
42,371 
44,622 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
386,676 
 
 
 
394,569 
 
 
 
386,676 
394,569 
 
Industrial Total Segment [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
25,323 2
25,093 2
24,707 2
Total net operating income
 
 
 
 
 
 
 
 
18,431 2
18,432 2
17,771 2
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
191,343 
 
 
 
211,721 
 
 
 
191,343 
211,721 
 
Industrial Atlanta, GA [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
12,805 
13,266 
12,335 
Total net operating income
 
 
 
 
 
 
 
 
9,282 
9,780 
8,734 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
115,330 
 
 
 
133,640 
 
 
 
115,330 
133,640 
 
Industrial Piedmont Triad, NC [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
12,518 
11,827 
12,372 
Total net operating income
 
 
 
 
 
 
 
 
9,149 
8,652 
9,037 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
76,013 
 
 
 
78,081 
 
 
 
76,013 
78,081 
 
Total Retail Segment [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
37,211 2
34,269 2
33,516 2
Total net operating income
 
 
 
 
 
 
 
 
22,528 2
20,157 2
19,927 2
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
166,030 
 
 
 
170,717 
 
 
 
166,030 
170,717 
 
Retail Kansas City, MO [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
37,211 
34,269 
33,516 
Total net operating income
 
 
 
 
 
 
 
 
22,528 
20,157 
19,927 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
166,030 
 
 
 
170,717 
 
 
 
166,030 
170,717 
 
Total Residential Segment [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Total net operating income
 
 
 
 
 
 
 
 
(178)2
(195)2
(362)2
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
8 
 
 
 
10,475 
 
 
 
8 
10,475 
 
Residential Kansas City, MO [Member]
 
 
 
 
 
 
 
 
 
 
 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
0 
 
 
 
5,707 
 
 
 
0 
5,707 
 
Residential Raleigh, NC [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Total net operating income
 
 
 
 
 
 
 
 
(178)3
(195)3
(362)3
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
8 
 
 
 
4,768 
 
 
 
8 
4,768 
 
Total Corporate and Other Segment [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Total net operating income
 
 
 
 
 
 
 
 
(86)2
(76)2
(81)2
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
164,251 
 
 
 
175,591 
 
 
 
164,251 
175,591 
 
Highwoods Realty Limited Partnership [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting [Abstract]
 
 
 
 
 
 
 
 
 
 
 
Limit of consolidated revenue generated by any single customer
 
 
 
 
 
 
 
 
10.00% 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
133,982 
128,214 
128,323 
125,583 
123,947 
117,265 
112,185 
110,047 
516,102 
463,444 
440,836 
Total net operating income
 
 
 
 
 
 
 
 
328,917 
295,617 
285,425 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Depreciation and amortization
 
 
 
 
 
 
 
 
(156,318)
(137,890)
(130,232)
Impairments of real estate assets
 
 
 
 
 
 
 
 
0 
(2,429)
0 
General and administrative expense
 
 
 
 
 
 
 
 
(37,626)
(35,753)
(33,308)
Interest expense
 
 
 
 
 
 
 
 
(96,114)
(95,510)
(92,951)
Other income
 
 
 
 
 
 
 
 
6,380 
7,363 
5,657 
Income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates
 
 
 
 
 
 
 
 
45,239 
31,398 
34,591 
Total Assets
3,349,525 
 
 
 
3,179,884 
 
 
 
3,349,525 
3,179,884 
 
Highwoods Realty Limited Partnership [Member] |
Office Total Segment [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
453,568 2
404,082 2
382,613 2
Total net operating income
 
 
 
 
 
 
 
 
288,191 2
257,295 2
248,123 2
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
2,828,796 
 
 
 
2,612,488 
 
 
 
2,828,796 
2,612,488 
 
Highwoods Realty Limited Partnership [Member] |
Office Atlanta, GA [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
61,948 
49,521 
44,480 
Total net operating income
 
 
 
 
 
 
 
 
39,335 
31,080 
27,641 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
495,175 
 
 
 
359,225 
 
 
 
495,175 
359,225 
 
Highwoods Realty Limited Partnership [Member] |
Office Greenville, SC [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
13,394 
14,076 
13,612 
Total net operating income
 
 
 
 
 
 
 
 
7,618 
8,334 
8,152 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
69,138 
 
 
 
69,669 
 
 
 
69,138 
69,669 
 
Highwoods Realty Limited Partnership [Member] |
Office Kansas City, MO [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
15,003 
13,795 
14,160 
Total net operating income
 
 
 
 
 
 
 
 
9,523 
8,375 
8,835 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
84,538 
 
 
 
86,028 
 
 
 
84,538 
86,028 
 
Highwoods Realty Limited Partnership [Member] |
Office Memphis, TN [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
36,832 
36,801 
31,479 
Total net operating income
 
 
 
 
 
 
 
 
21,864 
20,876 
18,664 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
225,541 
 
 
 
265,259 
 
 
 
225,541 
265,259 
 
Highwoods Realty Limited Partnership [Member] |
Office Nashville, TN [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
56,542 
53,643 
52,159 
Total net operating income
 
 
 
 
 
 
 
 
38,860 
36,589 
35,497 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
314,705 
 
 
 
325,272 
 
 
 
314,705 
325,272 
 
Highwoods Realty Limited Partnership [Member] |
Office Orlando, FL [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
11,169 
10,233 
11,611 
Total net operating income
 
 
 
 
 
 
 
 
5,845 
5,187 
6,264 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
51,373 
 
 
 
46,547 
 
 
 
51,373 
46,547 
 
Highwoods Realty Limited Partnership [Member] |
Office Piedmont Triad, NC [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
21,569 
20,645 
21,162 
Total net operating income
 
 
 
 
 
 
 
 
13,335 
13,042 
13,903 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
144,404 
 
 
 
115,096 
 
 
 
144,404 
115,096 
 
Highwoods Realty Limited Partnership [Member] |
Office Pittsburgh, PA [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
38,796 
10,963 
0 
Total net operating income
 
 
 
 
 
 
 
 
19,548 
5,450 
0 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
330,975 
 
 
 
227,965 
 
 
 
330,975 
227,965 
 
Highwoods Realty Limited Partnership [Member] |
Office Raleigh, NC [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
81,624 
78,640 
75,715 
Total net operating income
 
 
 
 
 
 
 
 
56,682 
54,704 
52,413 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
479,995 
 
 
 
468,494 
 
 
 
479,995 
468,494 
 
Highwoods Realty Limited Partnership [Member] |
Office Richmond, VA [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
47,310 
47,525 
47,175 
Total net operating income
 
 
 
 
 
 
 
 
32,431 
31,283 
32,075 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
246,276 
 
 
 
254,364 
 
 
 
246,276 
254,364 
 
Highwoods Realty Limited Partnership [Member] |
Office Tampa, FL [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
69,381 
68,240 
71,060 
Total net operating income
 
 
 
 
 
 
 
 
43,150 
42,375 
44,679 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
386,676 
 
 
 
394,569 
 
 
 
386,676 
394,569 
 
Highwoods Realty Limited Partnership [Member] |
Industrial Total Segment [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
25,323 2
25,093 2
24,707 2
Total net operating income
 
 
 
 
 
 
 
 
18,445 2
18,434 2
17,793 2
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
191,343 
 
 
 
211,721 
 
 
 
191,343 
211,721 
 
Highwoods Realty Limited Partnership [Member] |
Industrial Atlanta, GA [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
12,805 
13,266 
12,335 
Total net operating income
 
 
 
 
 
 
 
 
9,289 
9,781 
8,745 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
115,330 
 
 
 
133,640 
 
 
 
115,330 
133,640 
 
Highwoods Realty Limited Partnership [Member] |
Industrial Piedmont Triad, NC [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
12,518 
11,827 
12,372 
Total net operating income
 
 
 
 
 
 
 
 
9,156 
8,653 
9,048 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
76,013 
 
 
 
78,081 
 
 
 
76,013 
78,081 
 
Highwoods Realty Limited Partnership [Member] |
Total Retail Segment [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
37,211 2
34,269 2
33,516 2
Total net operating income
 
 
 
 
 
 
 
 
22,545 2
20,159 2
19,952 2
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
166,030 
 
 
 
170,717 
 
 
 
166,030 
170,717 
 
Highwoods Realty Limited Partnership [Member] |
Retail Kansas City, MO [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
 
 
 
 
 
 
 
 
37,211 
34,269 
33,516 
Total net operating income
 
 
 
 
 
 
 
 
22,545 
20,159 
19,952 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
166,030 
 
 
 
170,717 
 
 
 
166,030 
170,717 
 
Highwoods Realty Limited Partnership [Member] |
Total Residential Segment [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Total net operating income
 
 
 
 
 
 
 
 
(178)2
(195)2
(362)2
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
8 
 
 
 
10,475 
 
 
 
8 
10,475 
 
Highwoods Realty Limited Partnership [Member] |
Residential Kansas City, MO [Member]
 
 
 
 
 
 
 
 
 
 
 
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
0 
 
 
 
5,707 
 
 
 
0 
5,707 
 
Highwoods Realty Limited Partnership [Member] |
Residential Raleigh, NC [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Total net operating income
 
 
 
 
 
 
 
 
(178)3
(195)3
(362)3
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
8 
 
 
 
4,768 
 
 
 
8 
4,768 
 
Highwoods Realty Limited Partnership [Member] |
Total Corporate and Other Segment [Member]
 
 
 
 
 
 
 
 
 
 
 
Segment Reporting Information [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Total net operating income
 
 
 
 
 
 
 
 
(86)2
(76)2
(81)2
Reconciliation to income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
 
 
 
 
 
 
 
 
 
 
 
Total Assets
$ 163,348 
 
 
 
$ 174,483 
 
 
 
$ 163,348 
$ 174,483 
 
Quarterly Financial Data (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Quarterly Financial Data [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
$ 133,982 1
$ 128,214 1
$ 128,323 1
$ 125,583 1
$ 123,947 1
$ 117,265 1
$ 112,185 1
$ 110,047 1
$ 516,102 
$ 463,444 
$ 440,836 
Income from continuing operations
15,609 1
12,313 1
11,377 1
11,419 1
11,806 1
3,957 1
12,572 1
10,671 1
50,718 
39,006 
64,092 
Income from discontinued operations
0 1
23,483 1
3,121 1
6,913 1
1,044 1
4,287 1
1,862 1
1,772 1
33,517 
8,965 
8,211 
Net income
15,609 
35,796 
14,498 
18,332 
12,850 
8,244 
14,434 
12,443 
84,235 
47,971 
72,303 
Net (income) attributable to noncontrolling interests in the Operating Partnership
(688)
(1,653)
(686)
(827)
(595)
(366)
(623)
(507)
(3,854)
(2,091)
(3,320)
Net (income) attributable to noncontrolling interests in consolidated affiliates
(220)
(159)
(223)
(184)
(201)
(249)
(182)
(123)
(786)
(755)
(485)
Dividends on Preferred Stock
(627)
(627)
(627)
(627)
(627)
(627)
(1,622)
(1,677)
(2,508)
(4,553)
(6,708)
Excess of Preferred Stock redemption/repurchase over carrying value
 
 
 
 
0 
0 
(1,895)
0 
0 
(1,895)
0 
Net income available for common stockholders
14,074 
33,357 
12,962 
16,694 
11,427 
7,002 
10,112 
10,136 
77,087 
38,677 
61,790 
Earnings per Common Share - basic:
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common stockholders (in dollars per share)
$ 0.18 
$ 0.15 
$ 0.13 
$ 0.14 
$ 0.14 
$ 0.04 
$ 0.12 
$ 0.12 
$ 0.60 
$ 0.42 
$ 0.75 
Income from discontinued operations available for common stockholders (in dollars per share)
$ 0.00 
$ 0.29 
$ 0.04 
$ 0.09 
$ 0.02 
$ 0.06 
$ 0.02 
$ 0.02 
$ 0.42 
$ 0.12 
$ 0.11 
Net income available for common stockholders (in dollars per share)
$ 0.18 
$ 0.44 
$ 0.17 
$ 0.23 
$ 0.16 
$ 0.10 
$ 0.14 
$ 0.14 
$ 1.02 
$ 0.54 
$ 0.86 
Earnings per Common Share - diluted:
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common stockholders (in dollars per share)
$ 0.18 
$ 0.14 
$ 0.13 
$ 0.14 
$ 0.14 
$ 0.04 
$ 0.12 
$ 0.12 
$ 0.60 
$ 0.42 
$ 0.75 
Income from discontinued operations available for common stockholders (in dollars per share)
$ 0.00 
$ 0.29 
$ 0.04 
$ 0.09 
$ 0.02 
$ 0.06 
$ 0.02 
$ 0.02 
$ 0.42 
$ 0.12 
$ 0.11 
Net income available for common stockholders (in dollars per share)
$ 0.18 
$ 0.43 
$ 0.17 
$ 0.23 
$ 0.16 
$ 0.10 
$ 0.14 
$ 0.14 
$ 1.02 
$ 0.54 
$ 0.86 
Continuing Operations Reconciliation To Previous Reported Amounts [Abstract]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues, as reported
 
128,214 
130,735 
129,943 
128,730 
117,265 
114,651 
114,351 
 
 
 
Discontinued operations
 
0 
(2,412)
(4,360)
(4,783)
0 
(2,466)
(4,304)
 
 
 
Real estate revenue, net
133,982 1
128,214 1
128,323 1
125,583 1
123,947 1
117,265 1
112,185 1
110,047 1
516,102 
463,444 
440,836 
Income from continuing operations, as reported
 
12,313 
12,357 
13,115 
12,850 
3,957 
13,695 
11,903 
 
 
 
Discontinued operations
 
0 
(980)
(1,696)
(1,044)
0 
(1,123)
(1,232)
 
 
 
Income from continuing operations
15,609 1
12,313 1
11,377 1
11,419 1
11,806 1
3,957 1
12,572 1
10,671 1
50,718 
39,006 
64,092 
Income from discontinued operations, as reported
 
23,483 
2,141 
5,217 
0 
4,287 
739 
540 
 
 
 
Additonal discontinued operations from properties sold subsequent to the respective reporting period
 
0 
980 
1,696 
1,044 
0 
1,123 
1,232 
 
 
 
Total discontinued operations
0 1
23,483 1
3,121 1
6,913 1
1,044 1
4,287 1
1,862 1
1,772 1
33,517 
8,965 
8,211 
Highwoods Realty Limited Partnership [Member]
 
 
 
 
 
 
 
 
 
 
 
Quarterly Financial Data [Line Items]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues
133,982 
128,214 
128,323 
125,583 
123,947 
117,265 
112,185 
110,047 
516,102 
463,444 
440,836 
Income from continuing operations
15,660 
12,317 
11,380 
11,421 
11,855 
3,957 
12,576 
10,679 
50,778 
39,067 
64,065 
Net income
15,660 
35,800 
14,501 
18,334 
12,899 
8,244 
14,438 
12,451 
84,295 
48,032 
72,276 
Net (income) attributable to noncontrolling interests in consolidated affiliates
(220)
(159)
(223)
(184)
201 
249 
182 
123 
(786)
(755)
(485)
Distributions on Preferred Units
(627)
(627)
(627)
(627)
627 
627 
1,622 
1,677 
(2,508)
(4,553)
(6,708)
Excess of Preferred Unit redemption/repurchase cost over carrying value
 
 
 
 
0 
0 
1,895 
0 
0 
(1,895)
0 
Net income available for common unitholders
14,813 
35,014 
13,651 
17,523 
12,071 
7,368 
10,739 
10,651 
81,001 
40,829 
65,083 
Earnings per Common Unit - basic:
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common unitholders (in dollars per share)
$ 0.18 
$ 0.15 
$ 0.14 
$ 0.14 
$ 0.15 
$ 0.04 
$ 0.12 
$ 0.12 
$ 0.60 
$ 0.42 
$ 0.76 
Income from discontinued operations available for common unitholders (in dollars per share)
$ 0.00 
$ 0.29 
$ 0.04 
$ 0.09 
$ 0.01 
$ 0.06 
$ 0.02 
$ 0.02 
$ 0.42 
$ 0.12 
$ 0.11 
Net income available for common unitholders (in dollars per share)
$ 0.18 
$ 0.44 
$ 0.18 
$ 0.23 
$ 0.16 
$ 0.10 
$ 0.14 
$ 0.14 
$ 1.02 
$ 0.54 
$ 0.87 
Earnings per Common Unit - diluted:
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common unitholders (in dollars per share)
0.18 
0.15 
0.13 
0.14 
0.15 
0.04 
0.12 
0.12 
0.60 
0.42 
0.76 
Income from discontinued operations available for common unitholders (in dollars per share)
0.00 
0.29 
0.04 
0.09 
0.01 
0.06 
0.02 
0.02 
0.42 
0.12 
0.11 
Net income available for common unitholders (in dollars per share)
0.18 
0.44 
0.17 
0.23 
0.16 
0.10 
0.14 
0.14 
1.02 
0.54 
0.87 
Continuing Operations Reconciliation To Previous Reported Amounts [Abstract]
 
 
 
 
 
 
 
 
 
 
 
Rental and other revenues, as reported
 
128,214 
130,735 
129,943 
128,730 
117,265 
114,651 
114,351 
 
 
 
Discontinued operations
 
0 
(2,412)
(4,360)
(4,783)
0 
(2,466)
(4,304)
 
 
 
Real estate revenue, net
133,982 
128,214 
128,323 
125,583 
123,947 
117,265 
112,185 
110,047 
516,102 
463,444 
440,836 
Income from continuing operations, as reported
 
12,317 
12,360 
13,117 
12,899 
3,957 
13,699 
11,911 
 
 
 
Discontinued operations
 
0 
(980)
(1,696)
(1,044)
0 
(1,123)
(1,232)
 
 
 
Income from continuing operations
15,660 
12,317 
11,380 
11,421 
11,855 
3,957 
12,576 
10,679 
50,778 
39,067 
64,065 
Income from discontinued operations, as reported
 
23,483 
2,141 
5,217 
0 
4,287 
739 
540 
 
 
 
Additonal discontinued operations from properties sold subsequent to the respective reporting period
 
0 
980 
1,696 
1,044 
0 
1,123 
1,232 
 
 
 
Total discontinued operations
$ 0 
$ 23,483 
$ 3,121 
$ 6,913 
$ 1,044 
$ 4,287 
$ 1,862 
$ 1,772 
$ 33,517 
$ 8,965 
$ 8,211 
Subsequent Events (Details) (USD $)
In Millions, except Share data, unless otherwise specified
12 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Jan. 9, 2013
ATM 2012 Equity Sales Offering [Member]
Jan. 9, 2013
Greensboro, NC Office Properties Acquisition (2012) [Member]
sqft
property
Dec. 31, 2012
Highwoods Realty Limited Partnership [Member]
Dec. 31, 2011
Highwoods Realty Limited Partnership [Member]
Jan. 9, 2013
Highwoods Realty Limited Partnership [Member]
ATM 2012 Equity Sales Offering [Member]
Jan. 9, 2013
Highwoods Realty Limited Partnership [Member]
Greensboro, NC Office Properties Acquisition (2012) [Member]
property
sqft
Subsequent Event [Line Items]
 
 
 
 
 
 
 
 
Number of Common Stock sold at the market (in shares)
7,245,837 
378,200 
198,177 
 
7,245,837 
378,200 
198,177 
 
Average price of Common Stock sold at the market
$ 33.12 
$ 35.09 
$ 33.97 
 
$ 33.12 
$ 35.09 
$ 33.97 
 
Net proceeds of Common Stock sold at the market
$ 236.4 
$ 13.1 
$ 6.6 
 
$ 236.4 
$ 13.1 
$ 6.6 
 
Number of office properties acquired
 
 
 
2 
 
 
 
2 
Net rentable square feet of acquisition (in sqft)
 
 
 
195,000 
 
 
 
195,000 
Acquisition purchase price
 
 
 
30.9 
 
 
 
30.9 
Acquisition-related costs
$ 1.5 
 
 
$ 0.2 
$ 1.5 
 
 
$ 0.2 
Schedule II (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Movement in Valuation Allowances and Reserves [Roll Forward]
 
 
 
Allowance for doubtful accounts, beginning balance
$ 4,903 
$ 6,672 
$ 5,951 
Additions to allowance for doubtful accounts
2,335 
2,522 
4,009 
Deductions to allowance for doubtful accounts
(3,279)
(4,291)
(3,288)
Allowance for doubtful accounts, ending balance
3,959 
4,903 
6,672 
Allowance for Doubtful Accounts - Straight Line Rent [Member]
 
 
 
Movement in Valuation Allowances and Reserves [Roll Forward]
 
 
 
Allowance for doubtful accounts, beginning balance
1,294 
2,209 
2,443 
Additions to allowance for doubtful accounts
1,382 
710 
635 
Deductions to allowance for doubtful accounts
(1,747)
(1,625)
(869)
Allowance for doubtful accounts, ending balance
929 
1,294 
2,209 
Allowance for Doubtful Accounts - Accounts Receivable [Member]
 
 
 
Movement in Valuation Allowances and Reserves [Roll Forward]
 
 
 
Allowance for doubtful accounts, beginning balance
3,548 
3,595 
2,810 
Additions to allowance for doubtful accounts
767 
1,616 
2,961 
Deductions to allowance for doubtful accounts
(1,467)
(1,663)
(2,176)
Allowance for doubtful accounts, ending balance
2,848 
3,548 
3,595 
Allowance for Doubtful Accounts - Notes Receivable [Member]
 
 
 
Movement in Valuation Allowances and Reserves [Roll Forward]
 
 
 
Allowance for doubtful accounts, beginning balance
61 
868 
698 
Additions to allowance for doubtful accounts
186 
196 
413 
Deductions to allowance for doubtful accounts
(65)
(1,003)
(243)
Allowance for doubtful accounts, ending balance
$ 182 
$ 61 
$ 868 
Schedule III (Details) (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
 
 
 
Real estate assets, beginning balance
$ 3,594,328,000 
$ 3,308,306,000 
$ 3,341,257,000 
Acquisitions, development and improvements
214,959,000 
329,675,000 
104,199,000 
Cost of real estate sold and retired
(12,823,000)
(43,653,000)
(137,150,000)
Real estate assets, ending balance
3,796,464,000 
3,594,328,000 
3,308,306,000 
Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
 
 
 
Accumulated depreciation, beginning balance
901,300,000 
832,918,000 
782,557,000 
Depreciation expense
128,971,000 
120,812,000 
117,639,000 
Real estate sold and retired
(82,704,000)
(52,430,000)
(67,278,000)
Accumulated depreciation, ending balance
947,567,000 
901,300,000 
832,918,000 
Reconciliation of Total Accumulated Depreciation to Balance Sheet [Abstract]
 
 
 
Total accumulated depreciation per Schedule III
947,567,000 
901,300,000 
832,918,000 
Real estate assets, net, held for sale
0 
(32,254,000)
(34,501,000)
Total accumulated depreciation
947,567,000 
869,046,000 
798,417,000 
Reconciliation of Total Real Estate Assets to Balance Sheet [Abstract]
 
 
 
Total real estate assets per Schedule III
3,796,464,000 
3,594,328,000 
3,308,306,000 
Development in process exclusive of land included in Schedule III
21,198,000 
0 
4,524,000 
Real estate assets, net, held for sale
0 
(124,273,000)
(142,783,000)
Total real estate assets
3,817,662,000 
3,470,055,000 
3,170,047,000 
Atlanta, GA - 1700 Century Circle [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
0 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
2,482,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
2,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,483,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
2,485,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
591,000 
 
 
Atlanta, GA - 1700 Century Circle [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - 1700 Century Circle [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - 1800 Century Boulevard [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,444,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
29,081,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
13,179,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,444,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
42,260,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
43,704,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
17,806,000 
 
 
Atlanta, GA - 1800 Century Boulevard [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - 1800 Century Boulevard [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - 1825 Century Center [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
864,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
303,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
14,392,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,167,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
14,392,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
15,559,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,686,000 
 
 
Atlanta, GA - 1825 Century Center [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - 1825 Century Center [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - 1875 Century Boulevard [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
0 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
8,924,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,280,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
11,204,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
11,204,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
5,022,000 
 
 
Atlanta, GA - 1875 Century Boulevard [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - 1875 Century Boulevard [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - 1900 Century Boulevard [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
0 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
4,744,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
702,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
5,446,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
5,446,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,296,000 
 
 
Atlanta, GA - 1900 Century Boulevard [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - 1900 Century Boulevard [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - 2200 Century Parkway [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
0 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
14,432,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
3,672,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
18,104,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
18,104,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
7,320,000 
 
 
Atlanta, GA - 2200 Century Parkway [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - 2200 Century Parkway [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - 2400 Century Center [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
0 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
406,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
12,646,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
406,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
12,646,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
13,052,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
4,640,000 
 
 
Atlanta, GA - 2400 Century Center [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - 2400 Century Center [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - 2500 Century Center [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
0 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
328,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
14,329,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
328,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
14,329,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
14,657,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,907,000 
 
 
Atlanta, GA - 2500 Century Center [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - 2500 Century Center [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - 2500/2635 Parking Garage [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
0 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
6,319,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
6,319,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
6,319,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,108,000 
 
 
Atlanta, GA - 2500/2635 Parking Garage [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - 2500/2635 Parking Garage [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - 2600 Century Parkway [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
0 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
10,679,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
3,971,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
14,650,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
14,650,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
6,205,000 
 
 
Atlanta, GA - 2600 Century Parkway [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - 2600 Century Parkway [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - 2635 Century Parkway [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
0 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
21,643,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
4,513,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
26,156,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
26,156,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
10,219,000 
 
 
Atlanta, GA - 2635 Century Parkway [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - 2635 Century Parkway [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - 2800 Century Parkway [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
0 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
20,449,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
6,728,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
27,177,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
27,177,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
8,810,000 
 
 
Atlanta, GA - 2800 Century Parkway [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - 2800 Century Parkway [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - 50 Glenlake [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
2,500,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
20,006,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,944,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,500,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
22,950,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
25,450,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
8,873,000 
 
 
Atlanta, GA - 50 Glenlake [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - 50 Glenlake [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - 6348 Northeast Expressway [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
275,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
1,655,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
199,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
275,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,854,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
2,129,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
789,000 
 
 
Atlanta, GA - 6348 Northeast Expressway [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - 6348 Northeast Expressway [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - 6438 Northeast Expressway [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
179,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
2,216,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
612,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
179,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,828,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
3,007,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,041,000 
 
 
Atlanta, GA - 6438 Northeast Expressway [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - 6438 Northeast Expressway [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - Bluegrass Lakes I [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
816,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
336,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,972,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,152,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,972,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
4,124,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,159,000 
 
 
Atlanta, GA - Bluegrass Lakes I [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Bluegrass Lakes I [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - Bluegrass Place I [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
491,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
2,061,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
125,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
491,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,186,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
2,677,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
854,000 
 
 
Atlanta, GA - Bluegrass Place I [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Bluegrass Place I [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - Bluegrass Place II [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
412,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
2,583,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
103,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
412,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,686,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
3,098,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,026,000 
 
 
Atlanta, GA - Bluegrass Place II [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Bluegrass Place II [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - Bluegrass Valley [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,500,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
374,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
3,117,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,874,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,117,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
4,991,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
927,000 
 
 
Atlanta, GA - Bluegrass Valley [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Bluegrass Valley [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - Bluegrass Valley Land [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
19,711,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(14,810,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
4,901,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
4,901,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Atlanta, GA - Century Plaza I [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,290,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
8,567,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
3,240,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,290,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
11,807,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
13,097,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
4,224,000 
 
 
Atlanta, GA - Century Plaza I [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Century Plaza I [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - Century Plaza II [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,380,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
7,733,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,222,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,380,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
9,955,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
11,335,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,245,000 
 
 
Atlanta, GA - Century Plaza II [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Century Plaza II [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - Chastain Place I [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
451,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
341,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
3,767,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
792,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,767,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
4,559,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,153,000 
 
 
Atlanta, GA - Chastain Place I [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Chastain Place I [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - Chastain Place II [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
599,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
194,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,505,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
793,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,505,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
2,298,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
515,000 
 
 
Atlanta, GA - Chastain Place II [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Chastain Place II [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - Chastain Place III [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
539,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
173,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,318,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
712,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,318,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
2,030,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
482,000 
 
 
Atlanta, GA - Chastain Place III [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Chastain Place III [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - Corporate Lakes [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,265,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
7,243,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,124,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,265,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
9,367,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
10,632,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,540,000 
 
 
Atlanta, GA - Corporate Lakes [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Corporate Lakes [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - General Services Administration [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
3,100,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(3,100,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
0 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Atlanta, GA - General Services Administration [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - General Services Administration [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - Federal Aviation Administration [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,196,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
1,416,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
15,143,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,612,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
15,143,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
17,755,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,232,000 
 
 
Atlanta, GA - Federal Aviation Administration [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Federal Aviation Administration [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - Gwinnett Distribution Center [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,119,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
5,960,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
3,875,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,119,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
9,835,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
10,954,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,322,000 
 
 
Atlanta, GA - Gwinnett Distribution Center [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Gwinnett Distribution Center [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - Henry County Land [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
3,010,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
13,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
3,023,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
3,023,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Atlanta, GA - Highwoods Center I at Tradeport [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
307,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
139,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,049,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
446,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,049,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
2,495,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
697,000 
 
 
Atlanta, GA - Highwoods Center I at Tradeport [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Highwoods Center I at Tradeport [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - Highwoods Center II at Tradeport [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
641,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
181,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
9,024,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
822,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
9,024,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
9,846,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
379,000 
 
 
Atlanta, GA - Highwoods Center II at Tradeport [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Highwoods Center II at Tradeport [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - Highwoods Center III at Tradeport [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
409,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
130,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
3,900,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
539,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,900,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
4,439,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
623,000 
 
 
Atlanta, GA - Highwoods Center III at Tradeport [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Highwoods Center III at Tradeport [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - Highwoods Riverpoint IV [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,037,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
858,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
8,820,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,895,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
8,820,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
10,715,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,275,000 
 
 
Atlanta, GA - Highwoods Riverpoint IV [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Highwoods Riverpoint IV [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - NARA [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,484,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(1,484,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
0 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Atlanta, GA - NARA [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - NARA [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - Newpoint Place I [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
819,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
391,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,871,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,210,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,871,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
4,081,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
991,000 
 
 
Atlanta, GA - Newpoint Place I [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Newpoint Place I [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - Newpoint Place II [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,499,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
434,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
3,085,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,933,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,085,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
5,018,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
917,000 
 
 
Atlanta, GA - Newpoint Place II [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Newpoint Place II [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - Newpoint Place III [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
668,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
276,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,879,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
944,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,879,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
2,823,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
686,000 
 
 
Atlanta, GA - Newpoint Place III [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Newpoint Place III [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - Newpoint Place IV [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
989,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
455,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
4,048,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,444,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
4,048,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
5,492,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
973,000 
 
 
Atlanta, GA - Newpoint Place IV [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Newpoint Place IV [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - Newpoint Place V [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
2,150,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
920,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
8,949,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
3,070,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
8,949,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
12,019,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,134,000 
 
 
Atlanta, GA - Newpoint Place V [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Newpoint Place V [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - Norcross I & II [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
323,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
2,000,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
602,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
323,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,602,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
2,925,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,099,000 
 
 
Atlanta, GA - Norcross I & II [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Norcross I & II [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - 5405 Windward Parkway [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
3,342,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
32,111,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
411,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
3,342,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
32,522,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
35,864,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
12,155,000 
 
 
Atlanta, GA - 5405 Windward Parkway [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - 5405 Windward Parkway [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - River Point Land [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
7,250,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
4,525,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,712,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
11,775,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,712,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
14,487,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
211,000 
 
 
Atlanta, GA - Riverwood 100 [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
67,604,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
5,785,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
64,913,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
4,629,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
5,785,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
69,542,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
75,327,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,175,000 
 
 
Atlanta, GA - Riverwood 100 [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Riverwood 100 [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - South Park Residential Land [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
50,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
7,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
57,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
57,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Atlanta, GA - South Park Site Land [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,204,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
754,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,958,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,958,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Atlanta, GA - Southside Distribution Center [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
804,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
4,553,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,207,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
804,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
6,760,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
7,564,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,664,000 
 
 
Atlanta, GA - Southside Distribution Center [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Southside Distribution Center [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - Tradeport I [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
557,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
261,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,218,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
818,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,218,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
3,036,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
750,000 
 
 
Atlanta, GA - Tradeport I [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Tradeport I [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - Tradeport II [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
557,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
261,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,305,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
818,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,305,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
3,123,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
809,000 
 
 
Atlanta, GA - Tradeport II [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Tradeport II [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - Tradeport III [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
673,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
370,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,684,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,043,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,684,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
3,727,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
907,000 
 
 
Atlanta, GA - Tradeport III [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Tradeport III [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - Tradeport IV [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
667,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
365,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
3,683,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,032,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,683,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
4,715,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,105,000 
 
 
Atlanta, GA - Tradeport IV [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Tradeport IV [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - Tradeport Land [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
5,243,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(387,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
4,856,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
4,856,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Atlanta, GA - Tradeport V [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
463,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
180,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,322,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
643,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,322,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
2,965,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
565,000 
 
 
Atlanta, GA - Tradeport V [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Tradeport V [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - Two Point Royal [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,793,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
14,964,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,486,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,793,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
17,450,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
19,243,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
6,737,000 
 
 
Atlanta, GA - Two Point Royal [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Two Point Royal [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Atlanta, GA - Two Alliance Center [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
9,579,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
125,549,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,020,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
9,579,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
127,569,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
137,148,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,587,000 
 
 
Atlanta, GA - Two Alliance Center [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Atlanta, GA - Two Alliance Center [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Greenville, SC - Brookfield Plaza [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,500,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
8,514,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,691,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,500,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
11,205,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
12,705,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
4,922,000 
 
 
Greenville, SC - Brookfield Plaza [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Greenville, SC - Brookfield Plaza [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Greenville, SC - Jacobs-Building [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
3,050,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
17,280,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(23,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
3,880,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
3,027,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
21,160,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
24,187,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
9,155,000 
 
 
Greenville, SC - Jacobs-Building [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Greenville, SC - Jacobs-Building [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Greenville, SC - Brookfield MetLife [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,039,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
352,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
8,033,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,391,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
8,033,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
9,424,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,226,000 
 
 
Greenville, SC - Brookfield MetLife [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Greenville, SC - Brookfield MetLife [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Greenville, SC - Patewood I [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
942,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
5,117,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
992,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
942,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
6,109,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
7,051,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,315,000 
 
 
Greenville, SC - Patewood I [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Greenville, SC - Patewood I [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Greenville, SC - Patewood II [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
942,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
5,176,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
651,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
942,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
5,827,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
6,769,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,259,000 
 
 
Greenville, SC - Patewood II [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Greenville, SC - Patewood II [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Greenville, SC - Patewood III [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
842,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
4,776,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
489,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
842,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
5,265,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
6,107,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,147,000 
 
 
Greenville, SC - Patewood III [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Greenville, SC - Patewood III [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Greenville, SC - Patewood IV [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,219,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
6,918,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
618,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,219,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
7,536,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
8,755,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,095,000 
 
 
Greenville, SC - Patewood IV [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Greenville, SC - Patewood IV [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Greenville, SC - Patewood V [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,690,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
9,589,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,359,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,690,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
10,948,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
12,638,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
4,448,000 
 
 
Greenville, SC - Patewood V [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Greenville, SC - Patewood V [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Greenville, SC - Patewood VI [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
2,360,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
321,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
7,661,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,681,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
7,661,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
10,342,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,693,000 
 
 
Greenville, SC - Patewood VI [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Greenville, SC - Patewood VI [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Kansas City, MO - Country Club Plaza [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
14,286,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
146,879,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(198,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
126,551,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
14,088,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
273,430,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
287,518,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
98,798,000 
 
 
Kansas City, MO - Country Club Plaza [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Kansas City, MO - Country Club Plaza [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Kansas City, MO - Land - Hotel Land - Valencia [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
978,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
111,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,089,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,089,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Kansas City, MO - Neptune Apartments [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,098,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
6,282,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(1,098,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
(6,282,000)
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
0 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Kansas City, MO - Neptune Apartments [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Kansas City, MO - Neptune Apartments [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Kansas City, MO - One Ward Parkway [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
681,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
3,937,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(681,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
(3,937,000)
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
0 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Kansas City, MO - One Ward Parkway [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Kansas City, MO - One Ward Parkway [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Kansas City, MO - Park Plaza [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
67,604,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,384,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
6,410,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,982,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,384,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
8,392,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
9,776,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,706,000 
 
 
Kansas City, MO - Park Plaza [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Kansas City, MO - Park Plaza [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Kansas City, MO - Two Emmanuel Cleaver Boulevard [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
984,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
4,402,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,074,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
984,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
6,476,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
7,460,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,956,000 
 
 
Kansas City, MO - Two Emmanuel Cleaver Boulevard [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Kansas City, MO - Two Emmanuel Cleaver Boulevard [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Kansas City, MO - Valencia Place Office [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
67,604,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,576,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
970,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
36,673,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,546,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
36,673,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
39,219,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
13,283,000 
 
 
Kansas City, MO - Valencia Place Office [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Kansas City, MO - Valencia Place Office [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Memphis, TN - 3400 Players Club Parkway [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,005,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
207,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
5,260,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,212,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
5,260,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
6,472,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,020,000 
 
 
Memphis, TN - 3400 Players Club Parkway [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Memphis, TN - 3400 Players Club Parkway [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Memphis, TN - Triad Centre I [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
2,340,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
11,385,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(849,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
4,289,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,491,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
15,674,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
17,165,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
4,848,000 
 
 
Memphis, TN - Triad Centre I [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Memphis, TN - Triad Centre I [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Memphis, TN - Triad Centre II [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,980,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
8,677,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(404,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
3,269,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,576,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
11,946,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
13,522,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,713,000 
 
 
Memphis, TN - Triad Centre II [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Memphis, TN - Triad Centre II [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Memphis, TN - Atrium I & II [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,570,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
6,253,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,449,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,570,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
8,702,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
10,272,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,659,000 
 
 
Memphis, TN - Atrium I & II [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Memphis, TN - Atrium I & II [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Memphis, TN - Centrum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,013,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
5,580,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,587,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,013,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
8,167,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
9,180,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,193,000 
 
 
Memphis, TN - Centrum [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Memphis, TN - Centrum [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Memphis, TN - Comcast Corporation [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
946,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
8,621,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
946,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
8,621,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
9,567,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,805,000 
 
 
Memphis, TN - Comcast Corporation [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Memphis, TN - Comcast Corporation [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Memphis, TN - International Place II [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
116,977,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
4,884,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
27,782,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
4,060,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
4,884,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
31,842,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
36,726,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
13,333,000 
 
 
Memphis, TN - International Place II [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Memphis, TN - International Place II [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Memphis, TN - Penn Marc Centre [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
7,028,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
3,607,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
10,240,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,423,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
3,607,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
11,663,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
15,270,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,751,000 
 
 
Memphis, TN - Penn Marc Centre [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Memphis, TN - Penn Marc Centre [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Memphis, TN - Shadow Creek I [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
924,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
466,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
6,559,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,390,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
6,559,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
7,949,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,025,000 
 
 
Memphis, TN - Shadow Creek I [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Memphis, TN - Shadow Creek I [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Memphis, TN - Shadow Creek II [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
734,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
467,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
7,164,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,201,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
7,164,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
8,365,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,968,000 
 
 
Memphis, TN - Shadow Creek II [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Memphis, TN - Shadow Creek II [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Memphis, TN - Southwind Office Center A [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,004,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
5,694,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
282,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,448,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,286,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
7,142,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
8,428,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,975,000 
 
 
Memphis, TN - Southwind Office Center A [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Memphis, TN - Southwind Office Center A [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Memphis, TN - Southwind Office Center B [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,366,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
7,754,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
981,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,366,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
8,735,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
10,101,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,578,000 
 
 
Memphis, TN - Southwind Office Center B [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Memphis, TN - Southwind Office Center B [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Memphis, TN - Southwind Office Center C [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,070,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
221,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
5,079,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,291,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
5,079,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
6,370,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,833,000 
 
 
Memphis, TN - Southwind Office Center C [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Memphis, TN - Southwind Office Center C [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Memphis, TN - Southwind Office Center D [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
744,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
193,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
5,310,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
937,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
5,310,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
6,247,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,666,000 
 
 
Memphis, TN - Southwind Office Center D [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Memphis, TN - Southwind Office Center D [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Memphis, TN - The Colonnade [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,300,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
6,481,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
267,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
505,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,567,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
6,986,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
8,553,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,612,000 
 
 
Memphis, TN - The Colonnade [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Memphis, TN - The Colonnade [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Memphis, TN - ThyssenKrupp Elevator Mfg Headquarters [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,040,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
25,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
8,342,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,065,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
8,342,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
9,407,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,198,000 
 
 
Memphis, TN - ThyssenKrupp Elevator Mfg Headquarters [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Memphis, TN - ThyssenKrupp Elevator Mfg Headquarters [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Memphis, TN - General Services Administration [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
871,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(871,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
0 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Memphis, TN - General Services Administration [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Memphis, TN - General Services Administration [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Memphis, TN - Crescent Center [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
39,805,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
7,875,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
32,756,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
4,168,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
7,875,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
36,924,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
44,799,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,975,000 
 
 
Memphis, TN - Crescent Center [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Memphis, TN - Crescent Center [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Memphis, TN - Southwind Land [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
3,662,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(1,477,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,185,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
2,185,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Memphis, TN - Triad Center III [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,253,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
35,122,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,253,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
35,122,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
36,375,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,943,000 
 
 
Memphis, TN - Triad Center III [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Memphis, TN - Triad Center III [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Nashville, TN - 3322 West End [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
3,025,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
27,490,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
3,556,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
3,025,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
31,046,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
34,071,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
10,301,000 
 
 
Nashville, TN - 3322 West End [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Nashville, TN - 3322 West End [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Nashville, TN - 3401 West End [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
5,862,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
22,917,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
5,630,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
5,862,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
28,547,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
34,409,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
12,724,000 
 
 
Nashville, TN - 3401 West End [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Nashville, TN - 3401 West End [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Nashville, TN - 5310 Maryland Way [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,863,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
7,201,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
230,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,863,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
7,431,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
9,294,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,139,000 
 
 
Nashville, TN - 5310 Maryland Way [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Nashville, TN - 5310 Maryland Way [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Nashville, TN - BNA Corporate Center [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
0 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
18,506,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
(18,506,000)
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
0 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Nashville, TN - BNA Corporate Center [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Nashville, TN - BNA Corporate Center [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Nashville, TN - Century City Plaza I [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
903,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
6,919,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(903,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
(6,919,000)
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
0 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Nashville, TN - Century City Plaza I [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Nashville, TN - Century City Plaza I [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Nashville, TN - Cool Springs 1 & 2 Deck [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
110,671,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
0 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
3,957,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,957,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
3,957,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
511,000 
 
 
Nashville, TN - Cool Springs 1 & 2 Deck [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Nashville, TN - Cool Springs 1 & 2 Deck [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Nashville, TN - Cool Springs 3 &4 Deck [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
0 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
4,418,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
4,418,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
4,418,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
636,000 
 
 
Nashville, TN - Cool Springs 3 &4 Deck [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Nashville, TN - Cool Springs 3 &4 Deck [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Nashville, TN - Cool Springs I [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,583,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
15,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
12,288,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,598,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
12,288,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
13,886,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
4,135,000 
 
 
Nashville, TN - Cool Springs I [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Nashville, TN - Cool Springs I [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Nashville, TN - Cool Springs II [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,824,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
346,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
18,154,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,170,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
18,154,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
20,324,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
5,429,000 
 
 
Nashville, TN - Cool Springs II [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Nashville, TN - Cool Springs II [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Nashville, TN - Cool Springs III [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,631,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
804,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
16,949,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,435,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
16,949,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
19,384,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
4,089,000 
 
 
Nashville, TN - Cool Springs III [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Nashville, TN - Cool Springs III [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Nashville, TN - Cool Springs IV [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,715,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
21,371,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,715,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
21,371,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
23,086,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,546,000 
 
 
Nashville, TN - Cool Springs IV [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Nashville, TN - Cool Springs IV [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Nashville, TN - Cool Springs V Healthways [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
3,688,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
295,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
52,433,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
3,983,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
52,433,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
56,416,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
8,586,000 
 
 
Nashville, TN - Cool Springs V Healthways [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Nashville, TN - Cool Springs V Healthways [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Nashville, TN - Harpeth on the Green II [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,419,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
5,677,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,292,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,419,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
6,969,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
8,388,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,941,000 
 
 
Nashville, TN - Harpeth on the Green II [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Nashville, TN - Harpeth on the Green II [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Nashville, TN - Harpeth on the Green III [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,660,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
6,649,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,836,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,660,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
8,485,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
10,145,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,514,000 
 
 
Nashville, TN - Harpeth on the Green III [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Nashville, TN - Harpeth on the Green III [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Nashville, TN - Harpeth on the Green IV [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,713,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
6,842,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,464,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,713,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
8,306,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
10,019,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,314,000 
 
 
Nashville, TN - Harpeth on the Green IV [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Nashville, TN - Harpeth on the Green IV [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Nashville, TN - Harpeth on The Green V [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
662,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
197,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
4,304,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
859,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
4,304,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
5,163,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,647,000 
 
 
Nashville, TN - Harpeth on The Green V [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Nashville, TN - Harpeth on The Green V [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Nashville, TN - Hickory Trace [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
116,977,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,164,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
164,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
4,657,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,328,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
4,657,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
5,985,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,350,000 
 
 
Nashville, TN - Hickory Trace [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Nashville, TN - Hickory Trace [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Nashville, TN - Highwoods Plaza I [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
125,264,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,552,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
307,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
7,989,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,859,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
7,989,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
9,848,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,337,000 
 
 
Nashville, TN - Highwoods Plaza I [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Nashville, TN - Highwoods Plaza I [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Nashville, TN - Highwoods Plaza II [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
125,264,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,448,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
307,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
5,799,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,755,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
5,799,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
7,554,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,160,000 
 
 
Nashville, TN - Highwoods Plaza II [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Nashville, TN - Highwoods Plaza II [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Nashville, TN - Lakeview Ridge II [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
125,264,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
605,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(605,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
0 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Nashville, TN - Lakeview Ridge II [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Nashville, TN - Lakeview Ridge II [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Nashville, TN - Lakeview Ridge III [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
125,264,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,073,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(1,073,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
0 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Nashville, TN - Lakeview Ridge III [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Nashville, TN - Lakeview Ridge III [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Nashville, TN - Seven Springs - Land I [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
3,122,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(1,314,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,808,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,808,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Nashville, TN - Seven Springs - Land II [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
3,715,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(1,025,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,690,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
2,690,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Nashville, TN - Seven Springs I [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
2,076,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
592,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
12,658,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,668,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
12,658,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
15,326,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
4,392,000 
 
 
Nashville, TN - Seven Springs I [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Nashville, TN - Seven Springs I [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Nashville, TN - SouthPointe [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,655,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
310,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
6,761,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,965,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
6,761,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
8,726,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,484,000 
 
 
Nashville, TN - SouthPointe [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Nashville, TN - SouthPointe [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Nashville, TN - The Ramparts at Brentwood [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
2,394,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
12,806,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,109,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,394,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
14,915,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
17,309,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
4,907,000 
 
 
Nashville, TN - The Ramparts at Brentwood [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Nashville, TN - The Ramparts at Brentwood [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Nashville, TN - Westwood South [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
125,264,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
2,106,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
382,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
9,006,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,488,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
9,006,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
11,494,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,972,000 
 
 
Nashville, TN - Westwood South [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Nashville, TN - Westwood South [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Nashville, TN - 100 Winners Circle [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
125,264,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,497,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
7,258,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,368,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,497,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
8,626,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
10,123,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,158,000 
 
 
Nashville, TN - 100 Winners Circle [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Nashville, TN - 100 Winners Circle [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Nashville, TN - Nashville Land [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
15,000,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
15,000,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
15,000,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Orlando, FL - Berkshire at Metro Center [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,265,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
672,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
12,781,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,937,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
12,781,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
14,718,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,984,000 
 
 
Orlando, FL - Berkshire at Metro Center [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Orlando, FL - Berkshire at Metro Center [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Orlando, FL - Capital Plaza III Land [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
2,994,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
18,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
3,012,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
3,012,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Orlando, FL - Eola Park Land [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
2,027,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,027,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
2,027,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Orlando, FL - Cambridge at MetroCenter [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
501,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
14,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
3,320,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
515,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,320,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
3,835,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
773,000 
 
 
Orlando, FL - Cambridge at MetroCenter [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Orlando, FL - Cambridge at MetroCenter [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Orlando, FL - Oxford Land [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,100,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
51,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,151,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,151,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Orlando, FL - MetroWest Commerce Center [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,354,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
7,687,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(164,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
4,816,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,190,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
12,503,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
13,693,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
4,315,000 
 
 
Orlando, FL - MetroWest Commerce Center [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Orlando, FL - MetroWest Commerce Center [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Orlando, FL - Stratford Land [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
2,034,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(148,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,886,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,886,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Orlando, FL - Windsor at Metro Center [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
0 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
2,060,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
8,296,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,060,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
8,296,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
10,356,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,000,000 
 
 
Orlando, FL - Windsor at Metro Center [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Orlando, FL - Windsor at Metro Center [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
South Florida - The 1800 Eller Drive Building [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
0 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
9,851,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,619,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
12,470,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
12,470,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
5,550,000 
 
 
South Florida - The 1800 Eller Drive Building [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
South Florida - The 1800 Eller Drive Building [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 101 South Stratford Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,205,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
6,916,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,164,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,205,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
8,080,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
9,285,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,013,000 
 
 
Piedmont Triad, NC - 101 South Stratford Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 101 South Stratford Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 6348 Burnt Poplar [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
724,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
2,900,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
254,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
724,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,154,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
3,878,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,355,000 
 
 
Piedmont Triad, NC - 6348 Burnt Poplar [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 6348 Burnt Poplar [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 6350 Burnt Poplar [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
341,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
1,374,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
237,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
341,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,611,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,952,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
701,000 
 
 
Piedmont Triad, NC - 6350 Burnt Poplar [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 6350 Burnt Poplar [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 7341 West Friendly Avenue [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
113,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
841,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
381,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
113,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,222,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,335,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
521,000 
 
 
Piedmont Triad, NC - 7341 West Friendly Avenue [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 7341 West Friendly Avenue [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 7343 West Friendly Avenue [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
72,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
555,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
273,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
72,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
828,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
900,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
331,000 
 
 
Piedmont Triad, NC - 7343 West Friendly Avenue [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 7343 West Friendly Avenue [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 7345 West Friendly Avenue [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
66,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
492,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
210,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
66,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
702,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
768,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
295,000 
 
 
Piedmont Triad, NC - 7345 West Friendly Avenue [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 7345 West Friendly Avenue [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 7347 West Friendly Avenue [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
97,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
719,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
269,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
97,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
988,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,085,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
407,000 
 
 
Piedmont Triad, NC - 7347 West Friendly Avenue [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 7347 West Friendly Avenue [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 7349 West Friendly Avenue [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
53,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
393,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
161,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
53,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
554,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
607,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
202,000 
 
 
Piedmont Triad, NC - 7349 West Friendly Avenue [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 7349 West Friendly Avenue [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 7351 West Friendly Avenue [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
106,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
788,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
153,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
106,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
941,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,047,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
399,000 
 
 
Piedmont Triad, NC - 7351 West Friendly Avenue [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 7351 West Friendly Avenue [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 7353 West Friendly Avenue [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
123,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
912,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
120,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
123,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,032,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,155,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
420,000 
 
 
Piedmont Triad, NC - 7353 West Friendly Avenue [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 7353 West Friendly Avenue [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 7355 West Friendly Avenue [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
72,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
538,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
156,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
72,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
694,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
766,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
276,000 
 
 
Piedmont Triad, NC - 7355 West Friendly Avenue [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 7355 West Friendly Avenue [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 420 Gallimore Dairy Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
379,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
1,516,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
419,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
379,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,935,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
2,314,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
803,000 
 
 
Piedmont Triad, NC - 420 Gallimore Dairy Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 420 Gallimore Dairy Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 418 Gallimore Dairy Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
462,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
1,849,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
414,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
462,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,263,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
2,725,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
949,000 
 
 
Piedmont Triad, NC - 418 Gallimore Dairy Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 418 Gallimore Dairy Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 416 Gallimore Dairy Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
322,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
1,293,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
485,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
322,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,778,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
2,100,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
766,000 
 
 
Piedmont Triad, NC - 416 Gallimore Dairy Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 416 Gallimore Dairy Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 7031 Albert Pick Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
510,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
2,921,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,668,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
510,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
4,589,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
5,099,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,008,000 
 
 
Piedmont Triad, NC - 7031 Albert Pick Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 7031 Albert Pick Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 7029 Albert Pick Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
739,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
3,237,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
875,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
739,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
4,112,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
4,851,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,933,000 
 
 
Piedmont Triad, NC - 7029 Albert Pick Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 7029 Albert Pick Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 7025 Albert Pick Road [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
116,977,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
2,393,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
9,576,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,884,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,393,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
12,460,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
14,853,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
5,424,000 
 
 
Piedmont Triad, NC - 7025 Albert Pick Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 7025 Albert Pick Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 7027 Albert Pick Road [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
116,977,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
850,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
699,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
3,911,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,549,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,911,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
5,460,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,486,000 
 
 
Piedmont Triad, NC - 7027 Albert Pick Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 7027 Albert Pick Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 7009 Albert Pick Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
224,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
1,068,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
320,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
224,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,388,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,612,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
748,000 
 
 
Piedmont Triad, NC - 7009 Albert Pick Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 7009 Albert Pick Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 426 Gallimore Dairy Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
465,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
380,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,024,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
845,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,024,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,869,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
429,000 
 
 
Piedmont Triad, NC - 426 Gallimore Dairy Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 426 Gallimore Dairy Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC -422 Gallimore Dairy Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
145,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
1,081,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
331,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
145,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,412,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,557,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
570,000 
 
 
Piedmont Triad, NC -422 Gallimore Dairy Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC -422 Gallimore Dairy Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 406 Gallimore Dairy Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
265,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
270,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
951,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
535,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
951,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,486,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
378,000 
 
 
Piedmont Triad, NC - 406 Gallimore Dairy Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 406 Gallimore Dairy Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 7021 Albert Pick Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
237,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
1,103,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
199,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
237,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,302,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,539,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
567,000 
 
 
Piedmont Triad, NC - 7021 Albert Pick Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 7021 Albert Pick Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 7019 Albert Pick Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
192,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
946,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
199,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
192,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,145,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,337,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
488,000 
 
 
Piedmont Triad, NC - 7019 Albert Pick Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 7019 Albert Pick Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 7015 Albert Pick Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
305,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
1,219,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
372,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
305,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,591,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,896,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
682,000 
 
 
Piedmont Triad, NC - 7015 Albert Pick Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 7015 Albert Pick Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 7017 Albert Pick Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
225,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
928,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
116,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
225,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,044,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,269,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
454,000 
 
 
Piedmont Triad, NC - 7017 Albert Pick Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 7017 Albert Pick Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 7011 Albert Pick Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
171,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
777,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
230,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
171,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,007,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,178,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
432,000 
 
 
Piedmont Triad, NC - 7011 Albert Pick Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 7011 Albert Pick Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 424 Gallimore Dairy Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
271,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
239,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
989,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
510,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
989,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,499,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
480,000 
 
 
Piedmont Triad, NC - 424 Gallimore Dairy Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 424 Gallimore Dairy Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 410 Gallimore Dairy Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
356,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
1,613,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
202,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
356,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,815,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
2,171,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
840,000 
 
 
Piedmont Triad, NC - 410 Gallimore Dairy Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 410 Gallimore Dairy Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 412 Gallimore Dairy Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
374,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
1,523,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
377,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
374,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,900,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
2,274,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
787,000 
 
 
Piedmont Triad, NC - 412 Gallimore Dairy Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 412 Gallimore Dairy Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 408 Gallimore Dairy Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
341,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
1,486,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
629,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
341,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,115,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
2,456,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,006,000 
 
 
Piedmont Triad, NC - 408 Gallimore Dairy Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 408 Gallimore Dairy Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 414 Gallimore Dairy Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
659,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
2,676,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
646,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
659,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,322,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
3,981,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,447,000 
 
 
Piedmont Triad, NC - 414 Gallimore Dairy Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 414 Gallimore Dairy Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 237 Burgess Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
860,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
2,919,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
550,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
860,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,469,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
4,329,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,548,000 
 
 
Piedmont Triad, NC - 237 Burgess Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 237 Burgess Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 235 Burgess Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,302,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
4,392,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
706,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,302,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
5,098,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
6,400,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,504,000 
 
 
Piedmont Triad, NC - 235 Burgess Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 235 Burgess Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 241 Burgess Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
450,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
1,517,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
897,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
450,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,414,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
2,864,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
964,000 
 
 
Piedmont Triad, NC - 241 Burgess Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 241 Burgess Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 243 Burgess Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
452,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
1,514,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
153,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
452,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,667,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
2,119,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
774,000 
 
 
Piedmont Triad, NC - 243 Burgess Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 243 Burgess Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 496 Gallimore Dairy Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
546,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,918,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
546,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,918,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
3,464,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,157,000 
 
 
Piedmont Triad, NC - 496 Gallimore Dairy Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 496 Gallimore Dairy Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 494 Gallimore Dairy Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
749,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,509,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
749,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,509,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
3,258,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
854,000 
 
 
Piedmont Triad, NC - 494 Gallimore Dairy Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 494 Gallimore Dairy Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 486 Gallimore Dairy Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
603,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,273,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
603,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,273,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
2,876,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
729,000 
 
 
Piedmont Triad, NC - 486 Gallimore Dairy Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 486 Gallimore Dairy Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 488 Gallimore Dairy Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
499,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,075,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
499,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,075,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
2,574,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
661,000 
 
 
Piedmont Triad, NC - 488 Gallimore Dairy Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 488 Gallimore Dairy Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 490 Gallimore Dairy Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,733,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
5,742,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,733,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
5,742,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
7,475,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,691,000 
 
 
Piedmont Triad, NC - 490 Gallimore Dairy Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 490 Gallimore Dairy Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 7825 National Service Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
944,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
3,831,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,017,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
944,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
4,848,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
5,792,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,230,000 
 
 
Piedmont Triad, NC - 7825 National Service Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 7825 National Service Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 7823 National Service Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
887,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
3,550,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
506,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
887,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
4,056,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
4,943,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,818,000 
 
 
Piedmont Triad, NC - 7823 National Service Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 7823 National Service Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 7819 National Service Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
227,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
907,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
430,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
227,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,337,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,564,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
644,000 
 
 
Piedmont Triad, NC - 7819 National Service Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 7819 National Service Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 7817 National Service Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
243,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
971,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
647,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
243,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,618,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,861,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
622,000 
 
 
Piedmont Triad, NC - 7817 National Service Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 7817 National Service Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 7815 National Service Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
327,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
1,309,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
842,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
327,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,151,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
2,478,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
968,000 
 
 
Piedmont Triad, NC - 7815 National Service Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 7815 National Service Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - Brigham Road - Land [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
7,059,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(3,720,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
3,339,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
3,339,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Piedmont Triad, NC - 3330 Healy Drive [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
625,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
2,183,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(235,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
555,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
390,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,738,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
3,128,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,344,000 
 
 
Piedmont Triad, NC - 3330 Healy Drive [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 3330 Healy Drive [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 3334 Healy Drive [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
625,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
4,435,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(203,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
(983,000)
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
422,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,452,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
3,874,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,754,000 
 
 
Piedmont Triad, NC - 3334 Healy Drive [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 3334 Healy Drive [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 1381 Old Mill Circle [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
680,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
3,572,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(217,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
(963,000)
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
463,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,609,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
3,072,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,317,000 
 
 
Piedmont Triad, NC - 1381 Old Mill Circle [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 1381 Old Mill Circle [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 1399 Ashleybrook Lane [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
376,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
1,655,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(123,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
(337,000)
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
253,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,318,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,571,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
667,000 
 
 
Piedmont Triad, NC - 1399 Ashleybrook Lane [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 1399 Ashleybrook Lane [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 7800 Thorndike Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,041,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
5,892,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,429,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,041,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
7,321,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
8,362,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,812,000 
 
 
Piedmont Triad, NC - 7800 Thorndike Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 7800 Thorndike Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 651 Brigham Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
453,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
360,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,900,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
813,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,900,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
3,713,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
896,000 
 
 
Piedmont Triad, NC - 651 Brigham Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 651 Brigham Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 657 Brigham Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
2,733,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
881,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
11,097,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
3,614,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
11,097,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
14,711,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,924,000 
 
 
Piedmont Triad, NC - 657 Brigham Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 657 Brigham Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 653 Brigham Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
814,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
3,587,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
814,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,587,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
4,401,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
454,000 
 
 
Piedmont Triad, NC - 653 Brigham Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 653 Brigham Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 2000 Frontis Plaza Boulevard [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
329,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
1,867,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
767,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
329,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,634,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
2,963,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,227,000 
 
 
Piedmont Triad, NC - 2000 Frontis Plaza Boulevard [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 2000 Frontis Plaza Boulevard [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 1501 Highwoods Boulevard [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,476,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
7,848,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,476,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
7,848,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
9,324,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,126,000 
 
 
Piedmont Triad, NC - 1501 Highwoods Boulevard [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 1501 Highwoods Boulevard [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - Jefferson Pilot Land [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
11,759,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(4,311,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
7,448,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
7,448,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Piedmont Triad, NC - 4200 Tudor Lane [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
515,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
383,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,352,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
898,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,352,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
3,250,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
988,000 
 
 
Piedmont Triad, NC - 4200 Tudor Lane [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 4200 Tudor Lane [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 4224 Tudor Lane [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
435,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
288,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,838,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
723,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,838,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
2,561,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
724,000 
 
 
Piedmont Triad, NC - 4224 Tudor Lane [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 4224 Tudor Lane [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 7023 Albert Pick [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
834,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
3,459,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
500,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
834,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,959,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
4,793,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,706,000 
 
 
Piedmont Triad, NC - 7023 Albert Pick [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 7023 Albert Pick [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 380 Knollwood Street - Retail [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
0 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
1,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
227,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
228,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
228,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
117,000 
 
 
Piedmont Triad, NC - 380 Knollwood Street - Retail [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 380 Knollwood Street - Retail [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 370 Knollwood Street [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,826,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
7,495,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,627,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,826,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
10,122,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
11,948,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,716,000 
 
 
Piedmont Triad, NC - 370 Knollwood Street [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 370 Knollwood Street [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 380 Knollwood Street [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
2,989,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
12,028,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,902,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,989,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
14,930,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
17,919,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
6,580,000 
 
 
Piedmont Triad, NC - 380 Knollwood Street [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 380 Knollwood Street [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 799 Hanes Mall Boulevard [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,450,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
11,375,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,005,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,450,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
12,380,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
13,830,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
4,924,000 
 
 
Piedmont Triad, NC - 799 Hanes Mall Boulevard [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 799 Hanes Mall Boulevard [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - 3901 Westpoint Boulevard [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
347,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
1,389,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
97,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
347,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,486,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,833,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
653,000 
 
 
Piedmont Triad, NC - 3901 Westpoint Boulevard [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - 3901 Westpoint Boulevard [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - Church Street Medical I [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
7,764,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
2,734,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
9,129,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,734,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
9,129,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
11,863,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
91,000 
 
 
Piedmont Triad, NC - Church Street Medical I [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - Church Street Medical I [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - Church Street Medical II [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
2,376,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
5,451,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
3,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,376,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
5,454,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
7,830,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
125,000 
 
 
Piedmont Triad, NC - Church Street Medical II [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - Church Street Medical II [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Piedmont Triad, NC - Church Street Medical III [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
925,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
4,551,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
76,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
925,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
4,627,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
5,552,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
91,000 
 
 
Piedmont Triad, NC - Church Street Medical III [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Piedmont Triad, NC - Church Street Medical III [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Pittsburgh, PA - One PPG Place [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
120,924,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
9,819,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
107,643,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
11,751,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
9,819,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
119,394,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
129,213,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
5,274,000 
 
 
Pittsburgh, PA - One PPG Place [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Pittsburgh, PA - One PPG Place [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Pittsburgh, PA - Two PPG Place - Office [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
120,924,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
2,302,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
10,863,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
376,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,302,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
11,239,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
13,541,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
520,000 
 
 
Pittsburgh, PA - Two PPG Place - Office [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Pittsburgh, PA - Two PPG Place - Office [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Pittsburgh, PA - Two PPG Place - Retail [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
120,924,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
0 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
115,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
150,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
265,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
265,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
28,000 
 
 
Pittsburgh, PA - Two PPG Place - Retail [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Pittsburgh, PA - Two PPG Place - Retail [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Pittsburgh, PA - Three PPG Place [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
120,924,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
501,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
2,923,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
556,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
501,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,479,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
3,980,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
152,000 
 
 
Pittsburgh, PA - Three PPG Place [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Pittsburgh, PA - Three PPG Place [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Pittsburgh, PA - Four PPG Place [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
120,924,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
620,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
3,239,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
689,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
620,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,928,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
4,548,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
154,000 
 
 
Pittsburgh, PA - Four PPG Place [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Pittsburgh, PA - Four PPG Place [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Pittsburgh, PA - Five PPG Place [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
120,924,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
803,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
4,924,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,149,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
803,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
6,073,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
6,876,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
310,000 
 
 
Pittsburgh, PA - Five PPG Place [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Pittsburgh, PA - Five PPG Place [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Pittsburgh, PA - Six PPG Place [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
120,924,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
3,353,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
25,602,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,744,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
3,353,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
28,346,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
31,699,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,698,000 
 
 
Pittsburgh, PA - Six PPG Place [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Pittsburgh, PA - Six PPG Place [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Pittsburgh, PA - EQT Plaza [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
0 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
83,812,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
83,812,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
83,812,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
282,000 
 
 
Pittsburgh, PA - EQT Plaza [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Pittsburgh, PA - EQT Plaza [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - 3600 Glenwood Avenue [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
0 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
10,994,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
4,581,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
15,575,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
15,575,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
5,441,000 
 
 
Raleigh, NC - 3600 Glenwood Avenue [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - 3600 Glenwood Avenue [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - 3737 Glenwood Avenue [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
0 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
318,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
15,347,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
318,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
15,347,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
15,665,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
4,822,000 
 
 
Raleigh, NC - 3737 Glenwood Avenue [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - 3737 Glenwood Avenue [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - 4101 Research Commons [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,348,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
8,346,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
220,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
(2,109,000)
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,568,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
6,237,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
7,805,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,026,000 
 
 
Raleigh, NC - 4101 Research Commons [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - 4101 Research Commons [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - 4201 Research Commons [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,204,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
11,858,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
(1,284,000)
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,204,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
10,574,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
11,778,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
4,029,000 
 
 
Raleigh, NC - 4201 Research Commons [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - 4201 Research Commons [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - 4301 Research Commons [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
900,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
8,237,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
534,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
900,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
8,771,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
9,671,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,853,000 
 
 
Raleigh, NC - 4301 Research Commons [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - 4301 Research Commons [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - 4401 Research Commons [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,249,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
9,387,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,007,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,249,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
11,394,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
12,643,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
4,988,000 
 
 
Raleigh, NC - 4401 Research Commons [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - 4401 Research Commons [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - 4501 Research Commons [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
785,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
5,856,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,780,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
785,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
7,636,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
8,421,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,854,000 
 
 
Raleigh, NC - 4501 Research Commons [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - 4501 Research Commons [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - 4800 North Park [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
2,678,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
17,630,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
7,493,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,678,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
25,123,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
27,801,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
11,333,000 
 
 
Raleigh, NC - 4800 North Park [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - 4800 North Park [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - 4900 North Park [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
87,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
770,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
1,983,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,275,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
770,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,258,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
4,028,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,373,000 
 
 
Raleigh, NC - 4900 North Park [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - 4900 North Park [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - 5000 North Park [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,010,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
4,612,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(49,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,423,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
961,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
7,035,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
7,996,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,546,000 
 
 
Raleigh, NC - 5000 North Park [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - 5000 North Park [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - 801 Raleigh Corporate Center [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
110,671,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
828,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
272,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
9,565,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,100,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
9,565,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
10,665,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,700,000 
 
 
Raleigh, NC - 801 Raleigh Corporate Center [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - 801 Raleigh Corporate Center [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - Blue Ridge I [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
722,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
4,606,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,082,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
722,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
5,688,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
6,410,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,705,000 
 
 
Raleigh, NC - Blue Ridge I [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - Blue Ridge I [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - Blue Ridge II [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
462,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
1,410,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
494,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
462,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,904,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
2,366,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,091,000 
 
 
Raleigh, NC - Blue Ridge II [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - Blue Ridge II [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - Cape Fear [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
131,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
1,630,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
770,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
131,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,400,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
2,531,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,224,000 
 
 
Raleigh, NC - Cape Fear [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - Cape Fear [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - Catawba [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
125,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
1,635,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,390,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
125,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
4,025,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
4,150,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,975,000 
 
 
Raleigh, NC - Catawba [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - Catawba [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - CentreGreen One - Weston [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
116,977,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,529,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(378,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
9,400,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,151,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
9,400,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
10,551,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,677,000 
 
 
Raleigh, NC - CentreGreen One - Weston [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - CentreGreen One - Weston [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - CentreGreen Two - Weston [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
116,977,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,653,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(389,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
8,885,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,264,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
8,885,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
10,149,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,655,000 
 
 
Raleigh, NC - CentreGreen Two - Weston [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - CentreGreen Two - Weston [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - CentreGreen Three Land - Weston [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,876,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(384,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,492,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,492,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Raleigh, NC - CentreGreen Four [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
116,977,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,779,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(397,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
11,127,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,382,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
11,127,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
12,509,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,984,000 
 
 
Raleigh, NC - CentreGreen Four [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - CentreGreen Four [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - CentreGreen Five [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,280,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
69,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
12,781,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,349,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
12,781,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
14,130,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,428,000 
 
 
Raleigh, NC - CentreGreen Five [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - CentreGreen Five [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - Cottonwood [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
609,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
3,244,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
434,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
609,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,678,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
4,287,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,728,000 
 
 
Raleigh, NC - Cottonwood [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - Cottonwood [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - Dogwood [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
766,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
2,769,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
524,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
766,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,293,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
4,059,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,656,000 
 
 
Raleigh, NC - Dogwood [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - Dogwood [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - EPA [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
2,597,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,670,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,597,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,670,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
4,267,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
949,000 
 
 
Raleigh, NC - EPA [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - EPA [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - GlenLake Land [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
13,003,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(6,096,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
114,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
6,907,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
114,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
7,021,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
33,000 
 
 
Raleigh, NC - GlenLake One [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
116,977,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
924,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
1,324,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
21,914,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,248,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
21,914,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
24,162,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
6,652,000 
 
 
Raleigh, NC - GlenLake One [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - GlenLake One [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - GlenLake Four [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
110,671,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,659,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
493,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
21,920,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,152,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
21,920,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
24,072,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
4,717,000 
 
 
Raleigh, NC - GlenLake Four [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - GlenLake Four [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - GlenLake Six [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
941,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
737,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
22,186,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,678,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
22,186,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
23,864,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,557,000 
 
 
Raleigh, NC - GlenLake Six [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - GlenLake Six [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - 701 Raleigh Corporate Center [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
110,671,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,304,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
540,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
13,812,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,844,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
13,812,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
15,656,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
5,570,000 
 
 
Raleigh, NC - 701 Raleigh Corporate Center [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - 701 Raleigh Corporate Center [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - Highwoods Centre [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
531,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(267,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
7,553,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
264,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
7,553,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
7,817,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,918,000 
 
 
Raleigh, NC - Highwoods Centre [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - Highwoods Centre [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - Highwoods Office Center North Land [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
357,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
49,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
357,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
49,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
406,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
31,000 
 
 
Raleigh, NC - Highwoods Tower One [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
203,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
16,744,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
3,377,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
203,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
20,121,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
20,324,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
10,313,000 
 
 
Raleigh, NC - Highwoods Tower One [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - Highwoods Tower One [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - Highwoods Tower Two [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
365,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
503,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
21,362,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
868,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
21,362,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
22,230,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
6,114,000 
 
 
Raleigh, NC - Highwoods Tower Two [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - Highwoods Tower Two [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - Inveresk Land Parcel 2 [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
657,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
197,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
854,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
854,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Raleigh, NC - Inveresk Land Parcel 3 [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
548,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
306,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
854,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
854,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Raleigh, NC - Lake Boone Medical Center [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,450,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
6,311,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
257,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,450,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
6,568,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
8,018,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
527,000 
 
 
Raleigh, NC - Lake Boone Medical Center [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - Lake Boone Medical Center [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - 4620 Creekstone Drive [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
149,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
107,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
3,153,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
256,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,153,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
3,409,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
982,000 
 
 
Raleigh, NC - 4620 Creekstone Drive [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - 4620 Creekstone Drive [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - 4825 Creekstone Drive [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
398,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
293,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
9,282,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
691,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
9,282,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
9,973,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,131,000 
 
 
Raleigh, NC - 4825 Creekstone Drive [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - 4825 Creekstone Drive [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - Pamlico [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
289,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
14,825,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
289,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
14,825,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
15,114,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
9,943,000 
 
 
Raleigh, NC - Pamlico [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - Pamlico [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - ParkWest One [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
242,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
3,315,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
242,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,315,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
3,557,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
946,000 
 
 
Raleigh, NC - ParkWest One [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - ParkWest One [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - ParkWest Two [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
356,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
4,099,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
356,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
4,099,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
4,455,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,574,000 
 
 
Raleigh, NC - ParkWest Two [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - ParkWest Two [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - ParkWest Three - Land - Weston [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
306,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
306,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
306,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Raleigh, NC - Progress Center Renovation [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
0 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
362,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
362,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
362,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
215,000 
 
 
Raleigh, NC - Progress Center Renovation [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - Progress Center Renovation [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - Raleigh Corp Center Lot D [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,211,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
8,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,219,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,219,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Raleigh, NC - PNC Plaza [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
45,662,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,206,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
71,553,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,206,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
71,553,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
72,759,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
9,831,000 
 
 
Raleigh, NC - PNC Plaza [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - PNC Plaza [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - Rexwoods Center I [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
878,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
3,730,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,224,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
878,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
4,954,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
5,832,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,798,000 
 
 
Raleigh, NC - Rexwoods Center I [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - Rexwoods Center I [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - Rexwoods Center II [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
362,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
1,818,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,001,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
362,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,819,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
3,181,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
930,000 
 
 
Raleigh, NC - Rexwoods Center II [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - Rexwoods Center II [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - Rexwoods Center III [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
919,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
2,816,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
751,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
919,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,567,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
4,486,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,889,000 
 
 
Raleigh, NC - Rexwoods Center III [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - Rexwoods Center III [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - Rexwoods Center IV [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
586,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
3,888,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
586,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,888,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
4,474,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,574,000 
 
 
Raleigh, NC - Rexwoods Center IV [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - Rexwoods Center IV [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - Rexwoods Center V [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,301,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
184,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
5,241,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,485,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
5,241,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
6,726,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,942,000 
 
 
Raleigh, NC - Rexwoods Center V [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - Rexwoods Center V [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - Riverbirch [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
469,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
4,038,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
23,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
6,409,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
492,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
10,447,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
10,939,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
599,000 
 
 
Raleigh, NC - Riverbirch [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - Riverbirch [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - Situs I [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
692,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
4,646,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
178,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
(1,189,000)
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
870,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,457,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
4,327,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,334,000 
 
 
Raleigh, NC - Situs I [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - Situs I [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - Situs II [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
718,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
6,254,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
181,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
(1,081,000)
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
899,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
5,173,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
6,072,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,857,000 
 
 
Raleigh, NC - Situs II [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - Situs II [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - Situs III [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
440,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
4,078,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
119,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
(1,008,000)
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
559,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,070,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
3,629,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,025,000 
 
 
Raleigh, NC - Situs III [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - Situs III [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - Six Forks Center I [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
666,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
2,665,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,268,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
666,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,933,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
4,599,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,774,000 
 
 
Raleigh, NC - Six Forks Center I [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - Six Forks Center I [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - Six Forks Center II [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,086,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
4,533,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,582,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,086,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
6,115,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
7,201,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,803,000 
 
 
Raleigh, NC - Six Forks Center II [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - Six Forks Center II [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - Six Forks Center III [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
862,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
4,411,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,897,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
862,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
6,308,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
7,170,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,956,000 
 
 
Raleigh, NC - Six Forks Center III [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - Six Forks Center III [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - Smoketree Tower [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
2,353,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
11,743,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
4,245,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,353,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
15,988,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
18,341,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
7,083,000 
 
 
Raleigh, NC - Smoketree Tower [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - Smoketree Tower [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - 4601 Creekstone Drive [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
255,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
217,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
5,184,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
472,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
5,184,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
5,656,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,945,000 
 
 
Raleigh, NC - 4601 Creekstone Drive [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - 4601 Creekstone Drive [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - Weston Land [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
22,771,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(8,938,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
13,833,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
13,833,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Raleigh, NC - 4625 Creekstone Drive [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
458,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
268,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
5,142,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
726,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
5,142,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
5,868,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,200,000 
 
 
Raleigh, NC - 4625 Creekstone Drive [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - 4625 Creekstone Drive [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - 11000 Weston Parkway [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
2,651,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
18,850,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
233,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,651,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
19,083,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
21,734,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
572,000 
 
 
Raleigh, NC - 11000 Weston Parkway [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Raleigh, NC - 11000 Weston Parkway [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Raleigh, NC - Other Property [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
24,976,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
9,495,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(23,151,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
4,574,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,825,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
14,069,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
15,894,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
7,467,000 
 
 
Richmond, VA - 4900 Cox Road [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,324,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
5,311,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
3,006,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,324,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
8,317,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
9,641,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,605,000 
 
 
Richmond, VA - 4900 Cox Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - 4900 Cox Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - Colonnade Building [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
116,977,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,364,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
6,105,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
722,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,364,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
6,827,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
8,191,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,967,000 
 
 
Richmond, VA - Colonnade Building [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - Colonnade Building [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - Dominion Place - Pitts Parcel - Land [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,101,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(189,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
912,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
912,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Richmond, VA - Markel 4521 [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
10,142,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,581,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
13,299,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
(1,746,000)
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,581,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
11,553,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
13,134,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,683,000 
 
 
Richmond, VA - Markel 4521 [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - Markel 4521 [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - Grove Park I [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
713,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
319,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
5,230,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,032,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
5,230,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
6,262,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,974,000 
 
 
Richmond, VA - Grove Park I [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - Grove Park I [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - Hamilton Beach/Proctor Silex [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,086,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
4,345,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,025,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,086,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
6,370,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
7,456,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,028,000 
 
 
Richmond, VA - Hamilton Beach/Proctor Silex [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - Hamilton Beach/Proctor Silex [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - Highwoods Commons [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
521,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
446,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
3,343,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
967,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,343,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
4,310,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,133,000 
 
 
Richmond, VA - Highwoods Commons [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - Highwoods Commons [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - Highwoods One [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,688,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
11,014,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,688,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
11,014,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
12,702,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
4,249,000 
 
 
Richmond, VA - Highwoods One [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - Highwoods One [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - Highwoods Two [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
116,977,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
786,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
213,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
6,070,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
999,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
6,070,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
7,069,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,370,000 
 
 
Richmond, VA - Highwoods Two [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - Highwoods Two [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - Highwoods Five [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
783,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
5,339,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
783,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
5,339,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
6,122,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,961,000 
 
 
Richmond, VA - Highwoods Five [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - Highwoods Five [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - Highwoods Plaza [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
909,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
176,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
5,719,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,085,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
5,719,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
6,804,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,785,000 
 
 
Richmond, VA - Highwoods Plaza [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - Highwoods Plaza [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - Markel 4551 [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
4,809,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,300,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
6,958,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(144,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
(414,000)
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,156,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
6,544,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
7,700,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,475,000 
 
 
Richmond, VA - Markel 4551 [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - Markel 4551 [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - Innslake Center [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
845,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
195,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
5,396,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,040,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
5,396,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
6,436,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,521,000 
 
 
Richmond, VA - Innslake Center [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - Innslake Center [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - Highwoods Centre [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,205,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
4,825,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,098,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,205,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
5,923,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
7,128,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,374,000 
 
 
Richmond, VA - Highwoods Centre [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - Highwoods Centre [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - Markel 4501 [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
7,992,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,300,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
13,259,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
72,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
(4,410,000)
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,372,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
8,849,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
10,221,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,013,000 
 
 
Richmond, VA - Markel 4501 [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - Markel 4501 [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - Markel 4600 [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
10,142,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,700,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
17,081,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(386,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
(5,389,000)
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,314,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
11,692,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
13,006,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,617,000 
 
 
Richmond, VA - Markel 4600 [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - Markel 4600 [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - North Park [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
2,163,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
8,659,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(14,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,846,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,149,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
10,505,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
12,654,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
4,849,000 
 
 
Richmond, VA - North Park [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - North Park [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - North Shore Commons I [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
116,977,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
951,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
11,361,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
951,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
11,361,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
12,312,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,189,000 
 
 
Richmond, VA - North Shore Commons I [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - North Shore Commons I [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - North Shore Commons II [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
116,977,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
2,067,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(103,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
11,075,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,964,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
11,075,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
13,039,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,215,000 
 
 
Richmond, VA - North Shore Commons II [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - North Shore Commons II [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - North Shore Commons C - Land [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,497,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,497,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,497,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Richmond, VA - North Shore Commons D - Land [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,261,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,261,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,261,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Richmond, VA - Nuckols Corner Land [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,259,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,259,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,259,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Richmond, VA - One Shockoe Plaza [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
0 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
356,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
15,164,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
356,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
15,164,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
15,520,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
6,684,000 
 
 
Richmond, VA - Pavilion Land [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
181,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
46,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
20,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
(46,000)
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
201,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
201,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Richmond, VA - Lake Brook Commons [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,600,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
8,864,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,063,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,600,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
10,927,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
12,527,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,332,000 
 
 
Richmond, VA - Sadler & Cox Land [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,535,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,535,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,535,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Richmond, VA - 4840 Cox Road [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
116,977,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,918,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
337,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
13,550,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,255,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
13,550,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
15,805,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
4,075,000 
 
 
Richmond, VA - 4840 Cox Road [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - 4840 Cox Road [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - Stony Point F Land [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,841,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,841,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,841,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Richmond, VA - Stony Point I [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
116,977,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,384,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
11,630,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
59,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,480,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,443,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
14,110,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
15,553,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
5,268,000 
 
 
Richmond, VA - Stony Point I [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - Stony Point I [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - Stony Point II [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,240,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
11,826,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,240,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
11,826,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
13,066,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,896,000 
 
 
Richmond, VA - Stony Point II [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - Stony Point II [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - Stony Point III [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
116,977,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
995,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
9,270,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
995,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
9,270,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
10,265,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,738,000 
 
 
Richmond, VA - Stony Point III [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - Stony Point III [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - Stony Point IV [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
955,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
11,459,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
955,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
11,459,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
12,414,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,868,000 
 
 
Richmond, VA - Stony Point IV [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - Stony Point IV [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - Technology Park I [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
541,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
2,166,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
363,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
541,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,529,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
3,070,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,054,000 
 
 
Richmond, VA - Technology Park I [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - Technology Park I [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - Technology Park II [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
264,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
1,058,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
109,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
264,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,167,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,431,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
507,000 
 
 
Richmond, VA - Technology Park II [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - Technology Park II [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - Vantage Place A [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
116,977,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
203,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
811,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
168,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
203,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
979,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,182,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
449,000 
 
 
Richmond, VA - Vantage Place A [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - Vantage Place A [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - Vantage Place B [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
116,977,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
233,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
931,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
254,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
233,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,185,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,418,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
513,000 
 
 
Richmond, VA - Vantage Place B [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - Vantage Place B [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - Vantage Place C [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
116,977,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
235,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
940,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
282,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
235,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,222,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,457,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
542,000 
 
 
Richmond, VA - Vantage Place C [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - Vantage Place C [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - Vantage Place D [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
116,977,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
218,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
873,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
283,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
218,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,156,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,374,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
515,000 
 
 
Richmond, VA - Vantage Place D [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - Vantage Place D [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - Vantage Pointe [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
116,977,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,089,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
4,500,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,279,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,089,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
5,779,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
6,868,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,547,000 
 
 
Richmond, VA - Vantage Pointe [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - Vantage Pointe [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - Virginia Mutual [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,301,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
6,036,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
709,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,301,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
6,745,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
8,046,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,137,000 
 
 
Richmond, VA - Virginia Mutual [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - Virginia Mutual [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - Waterfront Plaza [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
585,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
2,347,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,180,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
585,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,527,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
4,112,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,572,000 
 
 
Richmond, VA - Waterfront Plaza [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - Waterfront Plaza [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - West Shore I [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
332,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
1,431,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
195,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
332,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,626,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,958,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
668,000 
 
 
Richmond, VA - West Shore I [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - West Shore I [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - West Shore II [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
489,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
2,181,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
593,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
489,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
2,774,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
3,263,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,096,000 
 
 
Richmond, VA - West Shore II [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - West Shore II [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Richmond, VA - West Shore III [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
961,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
141,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
4,295,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,102,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
4,295,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
5,397,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,505,000 
 
 
Richmond, VA - West Shore III [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Richmond, VA - West Shore III [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Tampa, FL - 380 Park Place [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,502,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
240,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
6,946,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,742,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
6,946,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
8,688,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,059,000 
 
 
Tampa, FL - 380 Park Place [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Tampa, FL - 380 Park Place [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Tampa, FL - 4200 Cypress [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
2,673,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
16,470,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
897,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,673,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
17,367,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
20,040,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,425,000 
 
 
Tampa, FL - 4200 Cypress [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Tampa, FL - 4200 Cypress [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Tampa, FL - Anchor Plaza [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,281,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
11,318,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,241,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,281,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
12,559,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
13,840,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
4,773,000 
 
 
Tampa, FL - Anchor Plaza [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Tampa, FL - Anchor Plaza [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Tampa, FL - Avion Park Land [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
5,237,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,487,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
5,237,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
1,487,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
6,724,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
158,000 
 
 
Tampa, FL - Bayshore Place [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
2,276,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
11,817,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,244,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,276,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
13,061,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
15,337,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
4,960,000 
 
 
Tampa, FL - Bayshore Place [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Tampa, FL - Bayshore Place [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Tampa, FL - General Services Administration [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
110,671,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
4,054,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
406,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
27,273,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
4,460,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
27,273,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
31,733,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
6,330,000 
 
 
Tampa, FL - General Services Administration [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Tampa, FL - General Services Administration [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Tampa, FL - Feathersound Corporate Center II [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
802,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
7,463,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(802,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
(7,463,000)
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
0 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Tampa, FL - Feathersound Corporate Center II [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Tampa, FL - Feathersound Corporate Center II [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Tampa, FL - Harborview Plaza [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
3,537,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
29,944,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
969,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
(5,138,000)
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
4,506,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
24,806,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
29,312,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
6,143,000 
 
 
Tampa, FL - Harborview Plaza [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Tampa, FL - Harborview Plaza [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Tampa, FL - Highwoods Preserve I [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
110,671,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
991,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
22,216,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
991,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
22,216,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
23,207,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
7,350,000 
 
 
Tampa, FL - Highwoods Preserve I [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Tampa, FL - Highwoods Preserve I [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Tampa, FL - Highwoods Preserve Land [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,485,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
485,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,970,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
1,970,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Tampa, FL - Highwoods Preserve V [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
110,671,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
881,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
27,282,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
881,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
27,282,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
28,163,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
10,195,000 
 
 
Tampa, FL - Highwoods Preserve V [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Tampa, FL - Highwoods Preserve V [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Tampa, FL - Highwoods Bay Center I [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
3,565,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(64,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
37,754,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
3,501,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
37,754,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
41,255,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
7,307,000 
 
 
Tampa, FL - Highwoods Bay Center I [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Tampa, FL - Highwoods Bay Center I [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Tampa, FL - HIW Bay Center II Land [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
3,482,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
3,482,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
3,482,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Tampa, FL - HIW Preserve VII [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
790,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
12,498,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
790,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
12,498,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
13,288,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,781,000 
 
 
Tampa, FL - HIW Preserve VII [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Tampa, FL - HIW Preserve VII [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Tampa, FL - HIW Preserve VII Garage [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
0 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
6,789,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
6,789,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
6,789,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,004,000 
 
 
Tampa, FL - HIW Preserve VII Garage [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Tampa, FL - HIW Preserve VII Garage [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Tampa, FL - Horizon [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
0 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
6,257,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,724,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
8,981,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
8,981,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,850,000 
 
 
Tampa, FL - Horizon [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Tampa, FL - Horizon [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Tampa, FL - LakePointe One [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
2,106,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
89,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
36,297,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,106,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
36,386,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
38,492,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
13,845,000 
 
 
Tampa, FL - LakePointe One [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Tampa, FL - LakePointe One [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Tampa, FL - LakePointe Two [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
2,000,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
15,848,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
672,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
7,803,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,672,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
23,651,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
26,323,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
7,974,000 
 
 
Tampa, FL - LakePointe Two [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Tampa, FL - LakePointe Two [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Tampa, FL - Lakeside [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
0 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
7,369,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
965,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
8,334,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
8,334,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
3,172,000 
 
 
Tampa, FL - Lakeside [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Tampa, FL - Lakeside [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Tampa, FL - Lakeside Parkside Garage [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
0 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
3,571,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,571,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
3,571,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
658,000 
 
 
Tampa, FL - Lakeside Parkside Garage [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Tampa, FL - Lakeside Parkside Garage [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Tampa, FL - One Harbour Place [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
2,016,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
25,252,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
6,730,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,016,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
31,982,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
33,998,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
10,983,000 
 
 
Tampa, FL - One Harbour Place [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Tampa, FL - One Harbour Place [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Tampa, FL - Parkside [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
0 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
9,407,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
3,502,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
12,909,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
12,909,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
5,864,000 
 
 
Tampa, FL - Parkside [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Tampa, FL - Parkside [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Tampa, FL - Pavilion [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
0 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
16,394,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
3,209,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
19,603,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
19,603,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
7,501,000 
 
 
Tampa, FL - Pavilion [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Tampa, FL - Pavilion [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Tampa, FL - Pavilion Parking Garage [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
0 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
5,689,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
5,689,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
5,689,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
1,851,000 
 
 
Tampa, FL - Pavilion Parking Garage [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Tampa, FL - Pavilion Parking Garage [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Tampa, FL - Spectrum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,454,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
14,502,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
5,261,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,454,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
19,763,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
21,217,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
7,447,000 
 
 
Tampa, FL - Spectrum [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Tampa, FL - Spectrum [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Tampa, FL - Tower Place [Member]
 
 
 
Real Estate and Accumulated Depreciation [Line Items]
 
 
 
Real Estate and Accumulated Depreciation, Encumbrances
110,671,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
3,218,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
19,898,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
2,764,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
3,218,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
22,662,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
25,880,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
9,467,000 
 
 
Tampa, FL - Tower Place [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Tampa, FL - Tower Place [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Tampa, FL - Westshore Square [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
1,126,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
5,186,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,641,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
1,126,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
6,827,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
7,953,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
2,258,000 
 
 
Tampa, FL - Westshore Square [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Tampa, FL - Westshore Square [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Tampa, FL - Independence Park Land [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
4,943,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
4,943,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
0 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
4,943,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
0 
 
 
Tampa, FL - Independence Park Land [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Tampa, FL - Independence Park Land [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Tampa, FL - Independence Park I [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
2,531,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
4,526,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
0 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
4,716,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
2,531,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
9,242,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
11,773,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
561,000 
 
 
Tampa, FL - Independence Park I [Member] |
Minimum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
5 years 
 
 
Tampa, FL - Independence Park I [Member] |
Maximum [Member]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Life Used For Depreciation
40 years 
 
 
Total Real Estate and Accumulated Depreciation [Member]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Land
533,198,000 
 
 
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements
1,809,760,000 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Land
(41,202,000)
 
 
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements
1,494,708,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period [Abstract]
 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Land
491,996,000 
 
 
Real Estate and Accumulated Depreciation, Gross Value at Close of Period, Buildings and Improvements
3,304,468,000 
 
 
Real Estate and Accumulated Depreciation,Gross Value at Close of Period, Total Assets
3,796,464,000 
 
 
Real Estate and Accumulated Depreciation, Accumulated Depreciation
$ 947,567,000