v3.26.1
HRLP - Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Rental and other revenues $ 216,379 $ 200,600 $ 430,413 $ 400,983
Operating expenses:        
Rental property and other expenses 70,155 63,655 141,273 128,689
Depreciation and amortization 79,054 74,679 156,591 146,084
General and administrative 9,897 10,319 23,331 22,776
Total operating expenses 159,106 148,653 321,195 297,549
Interest expense 41,694 37,665 83,390 74,307
Other income 2,568 4,629 5,736 6,254
Gains on disposition of property 79,024 0 95,987 82,215
Equity in earnings of unconsolidated affiliates (414) 310 2,571 1,625
Net income 96,757 19,221 130,122 119,221
Net (income)/loss attributable to noncontrolling interests in consolidated affiliates (993) 0 (1,842) 26
Highwoods Realty Limited Partnership [Member]        
Rental and other revenues 216,379 200,600 430,413 400,983
Operating expenses:        
Rental property and other expenses 70,155 63,655 141,273 128,689
Depreciation and amortization 79,054 74,679 156,591 146,084
General and administrative 9,897 10,319 23,331 22,776
Total operating expenses 159,106 148,653 321,195 297,549
Interest expense 41,694 37,665 83,390 74,307
Other income 2,568 4,629 5,736 6,254
Gains on disposition of property 79,024 0 95,987 82,215
Equity in earnings of unconsolidated affiliates (414) 310 2,571 1,625
Net income 96,757 19,221 130,122 119,221
Net (income)/loss attributable to noncontrolling interests in consolidated affiliates (993) 0 (1,842) 26
Distributions on Preferred Units (574) (586) (1,148) (1,207)
Net income available for common unitholders $ 95,190 $ 18,635 $ 127,132 $ 118,040
Earnings per Common Unit - basic:        
Net income available for common unitholders (in dollars per share) $ 0.85 $ 0.17 $ 1.14 $ 1.08
Weighted average Common Units outstanding - basic (in shares) 111,892 109,567 111,773 109,496
Earnings per Common Unit - diluted:        
Net income available for common unitholders (in dollars per share) $ 0.85 $ 0.17 $ 1.14 $ 1.08
Weighted average Common Units outstanding - diluted (in shares) 111,892 109,567 111,773 109,496