Highwoods Properties (HIW) 10-Q 27 Jul 21 2021 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 30, 2021	Jul. 20, 2021
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2021
Document Transition Report	false
Entity Registrant Name	HIGHWOODS PROPERTIES, INC.
Entity Incorporation, State or Country Code	MD
Entity File Number	001-13100
Entity Tax Identification Number	56-1871668
Entity Address, Address Line One	3100 Smoketree Court
Entity Address, Address Line Two	Suite 600
Entity Address, City or Town	Raleigh
Entity Address, State or Province	NC
Entity Address, Postal Zip Code	27604
City Area Code	919
Local Phone Number	872-4924
Title of 12(b) Security	Common Stock, $.01 par value, of Highwoods Properties, Inc.
Trading Symbol	HIW
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		104,209,513
Entity Central Index Key	0000921082
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q2
Amendment Flag	false
Highwoods Realty Limited Partnership [Member]
Entity Information [Line Items]
Entity Registrant Name	HIGHWOODS REALTY LIMITED PARTNERSHIP
Entity Incorporation, State or Country Code	NC
Entity File Number	000-21731
Entity Tax Identification Number	56-1869557
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0000941713
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q2
Amendment Flag	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Real estate assets, at cost:
Land	$ 489,894	$ 466,872
Buildings and tenant improvements	5,139,518	4,981,637
Development in-process	250,338	259,681
Land held for development	147,386	131,474
Total real estate assets	6,027,136	5,839,664
Less-accumulated depreciation	(1,478,227)	(1,418,379)
Net real estate assets	4,548,909	4,421,285
Real estate and other assets, net, held for sale	0	11,360
Cash and cash equivalents	6,535	109,322
Restricted cash	51,898	79,922
Accounts receivable	15,927	27,488
Mortgages and notes receivable	1,264	1,341
Accrued straight-line rents receivable	267,603	259,381
Investments in and advances to unconsolidated affiliates	714	27,104
Deferred leasing costs, net of accumulated amortization of $140,257 and $151,698, respectively	216,318	209,329
Prepaid expenses and other assets, net of accumulated depreciation of $19,717 and $21,154, respectively	127,853	62,885
Total Assets	5,237,021	5,209,417
Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Liabilities, Redeemable Operating Partnership Units and Capital:
Mortgages and notes payable, net	2,475,902	2,470,021
Accounts payable, accrued expenses and other liabilities	265,296	268,727
Total Liabilities	2,741,198	2,738,748
Commitments and contingencies
Noncontrolling interests in the Operating Partnership	128,180	112,499
Equity/Capital:
Preferred Stock, $.01 par value, 50,000,000 authorized shares; 8.625% Series A Cumulative Redeemable Preferred Shares (liquidation preference $1,000 per share), 28,821 and 28,826 shares issued and outstanding, respectively	28,821	28,826
Common Stock, $.01 par value, 200,000,000 authorized shares; 104,209,513 and 103,921,546 shares issued and outstanding, respectively	1,042	1,039
Additional paid-in capital	2,989,405	2,993,946
Distributions in excess of net income available for common stockholders	(672,239)	(686,225)
Accumulated other comprehensive loss	(1,225)	(1,462)
Total Stockholders’ Equity	2,345,804	2,336,124
Noncontrolling interests in consolidated affiliates	21,839	22,046
Total Equity/Capital	2,367,643	2,358,170
Total Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Total Liabilities, Redeemable Operating Partnership Units and Capital	5,237,021	5,209,417
Highwoods Realty Limited Partnership [Member]
Real estate assets, at cost:
Land	489,894	466,872
Buildings and tenant improvements	5,139,518	4,981,637
Development in-process	250,338	259,681
Land held for development	147,386	131,474
Total real estate assets	6,027,136	5,839,664
Less-accumulated depreciation	(1,478,227)	(1,418,379)
Net real estate assets	4,548,909	4,421,285
Real estate and other assets, net, held for sale	0	11,360
Cash and cash equivalents	6,535	109,322
Restricted cash	51,898	79,922
Accounts receivable	15,927	27,488
Mortgages and notes receivable	1,264	1,341
Accrued straight-line rents receivable	267,603	259,381
Investments in and advances to unconsolidated affiliates	714	27,104
Deferred leasing costs, net of accumulated amortization of $140,257 and $151,698, respectively	216,318	209,329
Prepaid expenses and other assets, net of accumulated depreciation of $19,717 and $21,154, respectively	127,853	62,885
Total Assets	5,237,021	5,209,417
Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Liabilities, Redeemable Operating Partnership Units and Capital:
Mortgages and notes payable, net	2,475,902	2,470,021
Accounts payable, accrued expenses and other liabilities	265,296	268,727
Total Liabilities	2,741,198	2,738,748
Commitments and contingencies
Redeemable Operating Partnership Units:
Common Units, 2,837,725 and 2,838,725 outstanding, respectively	128,180	112,499
Series A Preferred Units (liquidation preference $1,000 per unit), 28,821 and 28,826 units issued and outstanding, respectively	28,821	28,826
Total Redeemable Operating Partnership Units	157,001	141,325
Equity/Capital:
General partner Common Units, 1,066,384 and 1,063,515 outstanding, respectively	23,182	23,087
Limited partner Common Units, 102,734,320 and 102,449,222 outstanding, respectively	2,295,026	2,285,673
Accumulated other comprehensive loss	(1,225)	(1,462)
Noncontrolling interests in consolidated affiliates	21,839	22,046
Total Equity/Capital	2,338,822	2,329,344
Total Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Total Liabilities, Redeemable Operating Partnership Units and Capital	$ 5,237,021	$ 5,209,417

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Assets:
Deferred leasing costs, accumulated amortization	$ 140,257	$ 151,698
Prepaid Expenses And Other Assets Accumulated Depreciation	$ 19,717	$ 21,154
Equity/Capital:
Series A Preferred Stock, par value (in dollars per share)	$ 0.01	$ 0.01
Series A Preferred Stock, authorized shares (in shares)	50,000,000	50,000,000
Series A Preferred Stock, dividend rate percentage (in hundredths)	8.625%
Series A Preferred Stock, liquidation preference (in dollars per share)	$ 1,000	$ 1,000
Series A Preferred Stock, shares issued (in shares)	28,821	28,826
Series A Preferred Stock, shares outstanding (in shares)	28,821	28,826
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)	104,209,513	103,921,546
Common Stock, shares outstanding (in shares)	104,209,513	103,921,546
Highwoods Realty Limited Partnership [Member]
Assets:
Deferred leasing costs, accumulated amortization	$ 140,257	$ 151,698
Prepaid Expenses And Other Assets Accumulated Depreciation	$ 19,717	$ 21,154
Redeemable Operating Partnership Units: [Abstract]
Redeemable Common Units outstanding (in shares)	2,837,725	2,838,725
Series A Preferred Units, liquidation preference (in dollars per share)	$ 1,000	$ 1,000
Series A Preferred Units, issued (in shares)	28,821	28,826
Series A Preferred Units, outstanding (in shares)	28,821	28,826
Common Units: [Abstract]
General partners' capital account, units outstanding (in shares)	1,066,384	1,063,515
Limited partners' capital account, units outstanding (in shares)	102,734,320	102,449,222

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Rental and other revenues	$ 185,502	$ 183,153	$ 369,307	$ 375,953
Operating expenses:
Rental property and other expenses	56,226	55,119	112,415	117,321
Depreciation and amortization	61,949	59,461	122,876	120,611
Impairments of real estate assets	0	1,778	0	1,778
General and administrative	10,107	10,084	20,059	21,014
Total operating expenses	128,282	126,442	255,350	260,724
Interest expense	19,001	19,840	38,769	41,117
Other income	332	588	644	657
Gains on disposition of property	22,862	318	41,799	153,385
Equity in earnings of unconsolidated affiliates	431	1,179	1,068	2,142
Net income	61,844	38,956	118,699	230,296
Net (income) attributable to noncontrolling interests in the Operating Partnership	(1,624)	(1,017)	(3,117)	(5,977)
Net (income) attributable to noncontrolling interests in consolidated affiliates	(294)	(289)	(575)	(574)
Dividends on Preferred Stock	(621)	(622)	(1,243)	(1,244)
Net income available for common stockholders	$ 59,305	$ 37,028	$ 113,764	$ 222,501
Earnings per Common Share – basic:
Net income available for common stockholders (in dollars per share)	$ 0.57	$ 0.36	$ 1.09	$ 2.14
Weighted average Common Shares outstanding - basic (in shares)	104,106	103,886	104,035	103,849
Earnings per Common Share - diluted:
Net income available for common stockholders (in dollars per share)	$ 0.57	$ 0.36	$ 1.09	$ 2.14
Weighted average Common Shares outstanding - diluted (in shares)	106,964	106,730	106,887	106,681
Highwoods Realty Limited Partnership [Member]
Rental and other revenues	$ 185,502	$ 183,153	$ 369,307	$ 375,953
Operating expenses:
Rental property and other expenses	56,226	55,119	112,415	117,321
Depreciation and amortization	61,949	59,461	122,876	120,611
Impairments of real estate assets	0	1,778	0	1,778
General and administrative	10,107	10,084	20,059	21,014
Total operating expenses	128,282	126,442	255,350	260,724
Interest expense	19,001	19,840	38,769	41,117
Other income	332	588	644	657
Gains on disposition of property	22,862	318	41,799	153,385
Equity in earnings of unconsolidated affiliates	431	1,179	1,068	2,142
Net income	61,844	38,956	118,699	230,296
Net (income) attributable to noncontrolling interests in consolidated affiliates	(294)	(289)	(575)	(574)
Distributions on Preferred Units	(621)	(622)	(1,243)	(1,244)
Net income available for common unitholders	$ 60,929	$ 38,045	$ 116,881	$ 228,478
Earnings per Common Unit - basic:
Net income available for common unitholders (in dollars per share)	$ 0.57	$ 0.36	$ 1.10	$ 2.15
Weighted average Common Units outstanding - basic (in shares)	106,535	106,319	106,464	106,259
Earnings per Common Unit - diluted:
Net income available for common unitholders (in dollars per share)	$ 0.57	$ 0.36	$ 1.10	$ 2.15
Weighted average Common Units outstanding - diluted (in shares)	106,555	106,321	106,478	106,272

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Comprehensive income:
Net income	$ 61,844	$ 38,956	$ 118,699	$ 230,296
Other comprehensive income/(loss):
Unrealized losses on cash flow hedges	(11)	(103)	(11)	(1,236)
Amortization of cash flow hedges	126	75	248	3
Total other comprehensive income/(loss)	115	(28)	237	(1,233)
Total comprehensive income	61,959	38,928	118,936	229,063
Less-comprehensive (income) attributable to noncontrolling interests	(1,918)	(1,306)	(3,692)	(6,551)
Comprehensive income attributable to common stockholders/Comprehensive income attributable to common unitholders	60,041	37,622	115,244	222,512
Highwoods Realty Limited Partnership [Member]
Comprehensive income:
Net income	61,844	38,956	118,699	230,296
Other comprehensive income/(loss):
Unrealized losses on cash flow hedges	(11)	(103)	(11)	(1,236)
Amortization of cash flow hedges	126	75	248	3
Total other comprehensive income/(loss)	115	(28)	237	(1,233)
Total comprehensive income	61,959	38,928	118,936	229,063
Less-comprehensive (income) attributable to noncontrolling interests	(294)	(289)	(575)	(574)
Comprehensive income attributable to common stockholders/Comprehensive income attributable to common unitholders	$ 61,665	$ 38,639	$ 118,361	$ 228,489

Consolidated Statements of Equi

Consolidated Statements of Equity/Capital - USD ($) $ in Thousands	Total	Highwoods Realty Limited Partnership [Member]	Common Stock [Member]	Series A Cumulative Redeemable Preferred Shares [Member]	General Partners' Common Units [Member]Highwoods Realty Limited Partnership [Member]	Limited Partners' 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 (in shares) at Dec. 31, 2019			103,756,046
Balance at Dec. 31, 2019	$ 2,174,407	$ 2,145,548	$ 1,038	$ 28,859	$ 21,240	$ 2,102,769	$ 2,954,779	$ (471)	$ (471)	$ 22,010	$ 22,010	$ (831,808)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuances of Common Units, net of issuance costs and tax withholdings		7,564			76	7,488
Distributions on Common Units		(101,931)			(1,019)	(100,912)
Distributions on Preferred Units		(1,244)			(12)	(1,232)
Issuances of Common Stock, net of issuance costs and tax withholdings			(2,248)
Net proceeds of Common Stock sold during the period	1,401		$ 0				1,401
Conversions of Common Units to Common Stock	0
Dividends on Common Stock	(99,596)											(99,596)
Dividends on Preferred Stock	(1,244)											(1,244)
Adjustment of noncontrolling interests in the Operating Partnership to fair value	36,525						36,525
Distributions to noncontrolling interests in consolidated affiliates	(829)	(829)								(829)	(829)
Issuances of restricted stock - shares			149,304
Issuances of restricted stock	0
Redemptions/repurchases of Preferred Stock	(16)			(16)
Share-based compensation expense, net of forfeitures - shares			(6,166)
Share-based compensation expense, net of forfeitures	3,738	3,738	$ 1		37	3,701	3,737
Adjustment of Redeemable Common Units to fair value and contributions/distributions from/to the General Partner		26,720			267	26,453
Net (income) attributable to noncontrolling interests in the Operating Partnership	(5,977)											(5,977)
Net (income) attributable to noncontrolling interests in consolidated affiliates	0	0			(6)	(568)				574	574	(574)
Comprehensive income:
Net income	230,296	230,296			2,303	227,993						230,296
Other comprehensive income/(loss)	(1,233)	(1,233)						(1,233)	(1,233)
Total comprehensive income	229,063	229,063
Balance (in shares) at Jun. 30, 2020			103,896,936
Balance at Jun. 30, 2020	2,337,472	2,308,629	$ 1,039	28,843	22,886	2,265,692	2,996,442	(1,704)	(1,704)	21,755	21,755	(708,903)
Balance (in shares) at Dec. 31, 2019			103,756,046
Balance at Dec. 31, 2019	$ 2,174,407	2,145,548	$ 1,038	28,859	21,240	2,102,769	2,954,779	(471)	(471)	22,010	22,010	(831,808)
Balance (in shares) at Dec. 31, 2020	103,921,546		103,921,546
Balance at Dec. 31, 2020	$ 2,358,170	2,329,344	$ 1,039	28,826	23,087	2,285,673	2,993,946	(1,462)	(1,462)	22,046	22,046	(686,225)
Balance (in shares) at Mar. 31, 2020			103,885,918
Balance at Mar. 31, 2020	2,354,860	2,326,004	$ 1,039	28,856	23,055	2,282,528	3,000,614	(1,676)	(1,676)	22,097	22,097	(696,070)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuances of Common Units, net of issuance costs and tax withholdings		362			4	358
Distributions on Common Units		(51,028)			(510)	(50,518)
Distributions on Preferred Units		(622)			(6)	(616)
Issuances of Common Stock, net of issuance costs and tax withholdings			11,018
Net proceeds of Common Stock sold during the period	362						362
Dividends on Common Stock	(49,861)											(49,861)
Dividends on Preferred Stock	(622)											(622)
Adjustment of noncontrolling interests in the Operating Partnership to fair value	(5,776)						(5,776)
Distributions to noncontrolling interests in consolidated affiliates	(631)	(631)								(631)	(631)
Redemptions/repurchases of Preferred Stock	(13)			(13)
Share-based compensation expense, net of forfeitures - shares			0
Share-based compensation expense, net of forfeitures	1,242	1,242	$ 0		12	1,230	1,242
Adjustment of Redeemable Common Units to fair value and contributions/distributions from/to the General Partner		(5,626)			(56)	(5,570)
Net (income) attributable to noncontrolling interests in the Operating Partnership	(1,017)											(1,017)
Net (income) attributable to noncontrolling interests in consolidated affiliates	0	0			(3)	(286)				289	289	(289)
Comprehensive income:
Net income	38,956	38,956			390	38,566						38,956
Other comprehensive income/(loss)	(28)	(28)						(28)	(28)
Total comprehensive income	38,928	38,928
Balance (in shares) at Jun. 30, 2020			103,896,936
Balance at Jun. 30, 2020	$ 2,337,472	2,308,629	$ 1,039	28,843	22,886	2,265,692	2,996,442	(1,704)	(1,704)	21,755	21,755	(708,903)
Balance (in shares) at Dec. 31, 2020	103,921,546		103,921,546
Balance at Dec. 31, 2020	$ 2,358,170	2,329,344	$ 1,039	28,826	23,087	2,285,673	2,993,946	(1,462)	(1,462)	22,046	22,046	(686,225)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuances of Common Units, net of issuance costs and tax withholdings		5,897			59	5,838
Distributions on Common Units		(102,112)			(1,021)	(101,091)
Distributions on Preferred Units		(1,243)			(12)	(1,231)
Issuances of Common Stock, net of issuance costs and tax withholdings			109,130
Net proceeds of Common Stock sold during the period	5,897		$ 1				5,896
Conversions of Common Units to Common Stock - Shares			1,000
Conversions of Common Units to Common Stock	44						44
Dividends on Common Stock	(99,778)											(99,778)
Dividends on Preferred Stock	(1,243)											(1,243)
Adjustment of noncontrolling interests in the Operating Partnership to fair value	(15,334)						(15,334)
Distributions to noncontrolling interests in consolidated affiliates	(782)	(782)								(782)	(782)
Issuances of restricted stock - shares			184,584
Issuances of restricted stock	0
Redemptions/repurchases of Preferred Stock	(5)			(5)
Share-based compensation expense, net of forfeitures - shares			(6,747)
Share-based compensation expense, net of forfeitures	4,855	4,855	$ 2		49	4,806	4,853
Adjustment of Redeemable Common Units to fair value and contributions/distributions from/to the General Partner		(16,073)			(161)	(15,912)
Net (income) attributable to noncontrolling interests in the Operating Partnership	(3,117)											(3,117)
Net (income) attributable to noncontrolling interests in consolidated affiliates	0	0			(6)	(569)				575	575	(575)
Comprehensive income:
Net income	118,699	118,699			1,187	117,512						118,699
Other comprehensive income/(loss)	237	237						237	237
Total comprehensive income	$ 118,936	118,936
Balance (in shares) at Jun. 30, 2021	104,209,513		104,209,513
Balance at Jun. 30, 2021	$ 2,367,643	2,338,822	$ 1,042	28,821	23,182	2,295,026	2,989,405	(1,225)	(1,225)	21,839	21,839	(672,239)
Balance (in shares) at Mar. 31, 2021			104,055,152
Balance at Mar. 31, 2021	2,354,921	2,326,095	$ 1,041	28,826	23,059	2,282,831	2,986,462	(1,340)	(1,340)	21,545	21,545	(681,613)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuances of Common Units, net of issuance costs and tax withholdings		7,095			71	7,024
Distributions on Common Units		(51,098)			(511)	(50,587)
Distributions on Preferred Units		(621)			(6)	(615)
Issuances of Common Stock, net of issuance costs and tax withholdings			158,188
Net proceeds of Common Stock sold during the period	7,095		$ 1				7,094
Conversions of Common Units to Common Stock - Shares			1,000
Conversions of Common Units to Common Stock	44						44
Dividends on Common Stock	(49,931)											(49,931)
Dividends on Preferred Stock	(621)											(621)
Adjustment of noncontrolling interests in the Operating Partnership to fair value	(6,068)						(6,068)
Issuances of restricted stock - shares			1,484
Issuances of restricted stock	0
Redemptions/repurchases of Preferred Stock	(5)			(5)
Share-based compensation expense, net of forfeitures - shares			(6,311)
Share-based compensation expense, net of forfeitures	1,873	1,873	$ 0		19	1,854	1,873
Adjustment of Redeemable Common Units to fair value and contributions/distributions from/to the General Partner		(6,481)			(65)	(6,416)
Net (income) attributable to noncontrolling interests in the Operating Partnership	(1,624)											(1,624)
Net (income) attributable to noncontrolling interests in consolidated affiliates	0	0			(3)	(291)				294	294	(294)
Comprehensive income:
Net income	61,844	61,844			618	61,226						61,844
Other comprehensive income/(loss)	115	115						115	115
Total comprehensive income	$ 61,959	61,959
Balance (in shares) at Jun. 30, 2021	104,209,513		104,209,513
Balance at Jun. 30, 2021	$ 2,367,643	$ 2,338,822	$ 1,042	$ 28,821	$ 23,182	$ 2,295,026	$ 2,989,405	$ (1,225)	$ (1,225)	$ 21,839	$ 21,839	$ (672,239)

Consolidated Statements of Eq_2

Consolidated Statements of Equity/Capital (Parentheticals) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Highwoods Properties, Inc. [Member]
Dividends on Common Stock (per share)	$ 0.48	$ 0.48	$ 0.96	$ 0.96
Highwoods Properties, Inc. [Member] | Series A Cumulative Redeemable Preferred Shares [Member]
Dividends on Preferred Stock (per share)/Distributions on Preferred Units (per unit)	21.5625	21.5625	43.125	43.125
Highwoods Realty Limited Partnership [Member]
Distributions on Common Units (per unit)	0.48	0.48	0.96	0.96
Highwoods Realty Limited Partnership [Member] | Series A Cumulative Redeemable Preferred Shares [Member]
Dividends on Preferred Stock (per share)/Distributions on Preferred Units (per unit)	$ 21.5625	$ 21.5625	$ 43.125	$ 43.125

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands		6 Months Ended
		Jun. 30, 2021	Jun. 30, 2020
Operating activities:
Net income		$ 118,699	$ 230,296
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		122,876	120,611
Amortization of lease incentives and acquisition-related intangible assets and liabilities		(1,439)	(1,278)
Share-based compensation expense		4,855	3,738
Net credit losses/(reversals) on operating lease receivables		(489)	2,333
Accrued interest on mortgages and notes receivable		(54)	(61)
Amortization of debt issuance costs		1,661	1,533
Amortization of cash flow hedges		248	3
Amortization of mortgages and notes payable fair value adjustments		776	852
Impairments of real estate assets		0	1,778
Losses on debt extinguishment		134	0
Net gains on disposition of property		(41,799)	(153,385)
Equity in earnings of unconsolidated affiliates		(1,068)	(2,142)
Distributions of earnings from unconsolidated affiliates		1,402	407
Changes in operating assets and liabilities:
Accounts receivable		6,694	(1,031)
Prepaid expenses and other assets		(5,642)	(8,320)
Accrued straight-line rents receivable		(7,638)	(21,522)
Accounts payable, accrued expenses and other liabilities		(1,801)	6,403
Net cash provided by operating activities		197,415	180,215
Investing activities:
Investments in acquired real estate and related intangible assets, net of cash acquired		(120)	(2,363)
Investments in development in-process		(54,365)	(83,071)
Investments in tenant improvements and deferred leasing costs		(44,827)	(85,544)
Investments in building improvements		(24,109)	(30,312)
Investment in acquired controlling interest in unconsolidated affiliate		(127,339)	0
Net proceeds from disposition of real estate assets		71,501	334,366
Distributions of capital from unconsolidated affiliates		0	72
Investments in mortgages and notes receivable		(23)	(32)
Repayments of mortgages and notes receivable		154	154
Payments of earnest money deposits		(55,000)	0
Changes in other investing activities		5,711	(3,541)
Net cash provided by/(used in) investing activities		(228,417)	129,729
Financing activities:
Dividends on Common Stock		(99,778)	(99,596)
Redemptions/repurchases of Preferred Stock		(5)	(16)
Dividends on Preferred Stock		(1,243)	(1,244)
Distributions to noncontrolling interests in the Operating Partnership		(2,726)	(2,728)
Distributions to noncontrolling interests in consolidated affiliates		(782)	(829)
Proceeds from the issuance of Common Stock		7,763	2,753
Costs paid for the issuance of Common Stock		(185)	(228)
Repurchase of shares related to tax withholdings		(1,681)	(1,124)
Borrowings on revolving credit facility		230,000	129,000
Repayments of revolving credit facility		(75,000)	(336,000)
Repayments of mortgages and notes payable		(151,006)	(967)
Changes in debt issuance costs and other financing activities		(5,166)	0
Net cash used in financing activities		(99,809)	(310,979)
Net decrease in cash and cash equivalents and restricted cash		(130,811)	(1,035)
Cash and cash equivalents and restricted cash at beginning of the period		189,244	14,742
Cash and cash equivalents and restricted cash at end of the period		58,433	13,707
Reconciliation of cash and cash equivalents and restricted cash:
Cash and cash equivalents at end of the period		6,535	4,752
Restricted cash at end of the period		51,898	8,955
Supplemental disclosure of cash flow information:
Cash paid for interest, net of amounts capitalized		36,071	38,424
Supplemental disclosure of non-cash investing and financing activities:
Unrealized losses on cash flow hedges		(11)	(1,236)
Conversions of Common Units to Common Stock		44	0
Changes in accrued capital expenditures (1)	[1]	(23,599)	(18,819)
Write-off of fully depreciated real estate assets		36,798	22,630
Write-off of fully amortized leasing costs		28,575	10,564
Write-off of fully amortized debt issuance costs		4,158	0
Adjustment of noncontrolling interests in the Operating Partnership to fair value		15,334	(36,525)
Issuances of Common Units to acquire real estate assets		0	6,163
Contingent consideration in connection with the acquisition of land		0	1,500
Future consideration in connection with the acquisition of land		16,000	0
Accrued capital expenditures included in accounts payable, accrued expenses and other liabilities		42,300	49,100
Highwoods Realty Limited Partnership [Member]
Operating activities:
Net income		118,699	230,296
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		122,876	120,611
Amortization of lease incentives and acquisition-related intangible assets and liabilities		(1,439)	(1,278)
Share-based compensation expense		4,855	3,738
Net credit losses/(reversals) on operating lease receivables		(489)	2,333
Accrued interest on mortgages and notes receivable		(54)	(61)
Amortization of debt issuance costs		1,661	1,533
Amortization of cash flow hedges		248	3
Amortization of mortgages and notes payable fair value adjustments		776	852
Impairments of real estate assets		0	1,778
Losses on debt extinguishment		134	0
Net gains on disposition of property		(41,799)	(153,385)
Equity in earnings of unconsolidated affiliates		(1,068)	(2,142)
Distributions of earnings from unconsolidated affiliates		1,402	407
Changes in operating assets and liabilities:
Accounts receivable		6,694	(1,031)
Prepaid expenses and other assets		(5,642)	(8,320)
Accrued straight-line rents receivable		(7,638)	(21,522)
Accounts payable, accrued expenses and other liabilities		(1,801)	6,403
Net cash provided by operating activities		197,415	180,215
Investing activities:
Investments in acquired real estate and related intangible assets, net of cash acquired		(120)	(2,363)
Investments in development in-process		(54,365)	(83,071)
Investments in tenant improvements and deferred leasing costs		(44,827)	(85,544)
Investments in building improvements		(24,109)	(30,312)
Investment in acquired controlling interest in unconsolidated affiliate		(127,339)	0
Net proceeds from disposition of real estate assets		71,501	334,366
Distributions of capital from unconsolidated affiliates		0	72
Investments in mortgages and notes receivable		(23)	(32)
Repayments of mortgages and notes receivable		154	154
Payments of earnest money deposits		(55,000)	0
Changes in other investing activities		5,711	(3,541)
Net cash provided by/(used in) investing activities		(228,417)	129,729
Financing activities:
Distributions on Common Units		(102,112)	(101,931)
Redemptions/repurchases of Preferred Units		(5)	(16)
Distributions on Preferred Units		(1,243)	(1,244)
Distributions to noncontrolling interests in consolidated affiliates		(782)	(829)
Proceeds from the issuance of Common Units		7,763	2,753
Costs paid for the issuance of Common Units		(185)	(228)
Repurchase of units related to tax withholdings		(1,681)	(1,124)
Borrowings on revolving credit facility		230,000	129,000
Repayments of revolving credit facility		(75,000)	(336,000)
Repayments of mortgages and notes payable		(151,006)	(967)
Changes in debt issuance costs and other financing activities		(5,558)	(393)
Net cash used in financing activities		(99,809)	(310,979)
Net decrease in cash and cash equivalents and restricted cash		(130,811)	(1,035)
Cash and cash equivalents and restricted cash at beginning of the period		189,244	14,742
Cash and cash equivalents and restricted cash at end of the period		58,433	13,707
Reconciliation of cash and cash equivalents and restricted cash:
Cash and cash equivalents at end of the period		6,535	4,752
Restricted cash at end of the period		51,898	8,955
Supplemental disclosure of cash flow information:
Cash paid for interest, net of amounts capitalized		36,071	38,424
Supplemental disclosure of non-cash investing and financing activities:
Unrealized losses on cash flow hedges		(11)	(1,236)
Changes in accrued capital expenditures (1)	[1]	(23,599)	(18,819)
Write-off of fully depreciated real estate assets		36,798	22,630
Write-off of fully amortized leasing costs		28,575	10,564
Write-off of fully amortized debt issuance costs		4,158	0
Adjustment of Redeemable Common Units to fair value		15,681	(33,276)
Issuances of Common Units to acquire real estate assets		0	6,163
Contingent consideration in connection with the acquisition of land		0	1,500
Future consideration in connection with the acquisition of land		16,000	0
Accrued capital expenditures included in accounts payable, accrued expenses and other liabilities		$ 42,300	$ 49,100
[1]	Accrued capital expenditures included in accounts payable, accrued expenses and other liabilities at June 30, 2021 and 2020 were $42.3 million and $49.1 million, respectively.

Description of Business and Sig

Description of Business and Significant Accounting Policies	6 Months Ended
	Jun. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business and Significant Accounting Policies	Description of Business and Significant Accounting Policies Description of Business Highwoods Properties, Inc. (the “Company”) is a fully integrated 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 its activities through Highwoods Realty Limited Partnership (the “Operating Partnership”). At June 30, 2021, we owned or had an interest in 27.3 million rentable square feet of in-service properties, 0.8 million rentable square feet of office properties under development and approximately 250 acres of development land. Capital Structure The Company is the sole general partner of the Operating Partnership. At June 30, 2021, the Company owned all of the Preferred Units and 103.8 million, or 97.3%, of the Common Units in the Operating Partnership. Limited partners owned the remaining 2.8 million Common Units. During the six months ended June 30, 2021, the Company redeemed 1,000 Common Units for a like number of shares of Common Stock. During 2020, we entered into separate equity distribution agreements in which the Company may offer and sell up to $300.0 million in aggregate gross sales price of shares of Common Stock. During the six months ended June 30, 2021, the Company issued 149,100 shares of Common Stock under its equity distribution agreements at an average gross sales price of $46.11 per share and received net proceeds, after sales commissions, of $6.8 million. Basis of Presentation Our Consolidated Financial Statements are prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”). The Company’s Consolidated Financial Statements include the Operating Partnership, wholly owned subsidiaries and those entities in which the Company has the controlling interest. The Operating Partnership’s Consolidated Financial Statements include wholly owned subsidiaries and those entities in which the Operating Partnership has the controlling interest. We consolidate joint venture investments, such as interests in partnerships and limited liability companies, when we control the major operating and financial policies of the investment through majority ownership, in our capacity as a general partner or managing member or through some other contractual right. We also consolidate those entities deemed to be variable interest entities in which we are determined to be the primary beneficiary. At June 30, 2021, we have involvement with, and are 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. The unaudited interim consolidated financial statements and accompanying unaudited consolidated financial information, in the opinion of management, contain all adjustments (including normal recurring accruals) necessary for a fair presentation of our financial position, results of operations and cash flows. We have condensed or omitted certain notes and other information from the interim Consolidated Financial Statements presented in this Quarterly Report as permitted by SEC rules and regulations. These Consolidated Financial Statements should be read in conjunction with our 2020 Annual Report on Form 10-K. 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 our Consolidated Financial Statements and accompanying notes. Actual results could differ from those estimates. Insurance We are primarily self-insured for health care claims for participating employees. We have stop-loss coverage to limit our exposure to significant claims on a per claim and annual aggregate basis. We determine our liabilities for claims, including incurred but not reported losses, based on all relevant information, including actuarial estimates of claim liabilities. At June 30, 2021, a reserve of $0.4 million was recorded to cover estimated reported and unreported claims. Planned Investment Activities During the second quarter of 2021, we agreed to acquire a portfolio of office assets from Preferred Apartment Communities, Inc. (NYSE:APTS) (“PAC”). The core portfolio to be acquired consists of the following four Class A office assets in Charlotte and Raleigh, which encompass 1,630,000 square feet in total, and one mixed-use redevelopment site in Atlanta: 150 Fayetteville, Raleigh (CBD); CAPTRUST Tower, Raleigh (North Hills); Capitol Towers, Charlotte (SouthPark); Morrocroft Centre, Charlotte (SouthPark); and Galleria 75, Atlanta (Cumberland/Galleria). We have also agreed to acquire two non-core assets: a mezzanine loan related to a recently constructed office building in Atlanta; and Armour Yards, a multi-building creative office project in Atlanta. Our total investment, including the estimated value of the non-core assets, is expected to be $769 million, which includes $28 million of near-term building improvements and $5 million of transaction costs. The transaction is expected to include, among other things, the assumption of four secured loans collateralized by the core office buildings estimated to be recorded at fair value of $403 million in the aggregate, with a weighted average effective interest rate of 3.7% and a weighted average maturity of 10.8 years. The value of the non-core assets represents less than 12% of the anticipated total investment. The acquisition, which is subject to customary closing conditions, is scheduled to close within 30 days of the filing of this Quarterly Report. As of July 20, 2021, we have posted $60.0 million of earnest money deposits (of which $55.0 million were recorded in prepaid expenses and other assets at June 30, 2021) that are non-refundable except in limited circumstances. As part of the transaction, PAC will separately market Armour Yards for sale to a third party. If PAC chooses not to sell Armour Yards to a third party, we will close on the acquisition of the creative office project no later than the first quarter of 2022. Recently Issued Accounting Standards The Financial Accounting Standards Board (“FASB”) issued an accounting standards update (“ASU”) that provides temporary optional expedients and exceptions to the guidance on contract modifications and hedge accounting to ease the financial reporting burdens related to the expected market transition from LIBOR and other interbank offered rates to alternative reference rates, such as the Secured Overnight Financing Rate (“SOFR”). Entities can elect not to apply certain modification accounting requirements to contracts affected by reference rate reform, if certain criteria are met. An entity that makes this election would not have to remeasure the contracts at the modification date or reassess a previous accounting determination. Entities can also elect various optional expedients that would allow them to continue applying hedge accounting for hedging relationships affected by reference rate reform, if certain criteria are met. The guidance in this ASU is optional and may be elected now through December 31, 2022 as reference rate reform activities occur. We will continue to evaluate the impact of this ASU; however, we currently expect to avail ourselves of such optional expedients and exceptions should our modified contracts meet the required criteria. Due to the business disruptions and challenges severely affecting the global economy caused by the COVID-19 pandemic, lessors may provide rent deferrals and other lease concessions to lessees. In April 2020, the FASB staff issued a question and answer document (the “Lease Modification Q&A”) focused on the application of lease accounting guidance to lease concessions provided as a result of the COVID-19 pandemic. Under existing lease guidance, we would have to determine, on a lease by lease basis, if a lease concession was the result of a new arrangement reached with the tenant (treated within the lease modification accounting framework) or if a lease concession was under the enforceable rights and obligations within the existing lease agreement (precluded from applying the lease modification accounting framework). The Lease Modification Q&A allows us, if certain criteria have been met, to bypass the lease by lease analysis, and instead elect to either apply the lease modification accounting framework or not, with such election applied consistently to leases with similar characteristics and similar circumstances. We have elected the practical expedient and will not apply lease modification accounting on a lease by lease basis where applicable. As a result, $1.6 million of deferred rent is included in accounts receivable on our Consolidated Balance Sheets at June 30, 2021.

Leases

Leases	6 Months Ended
	Jun. 30, 2021
Leases [Abstract]
Leases	LeasesWe generally lease our office properties to lessees in exchange for fixed monthly payments that cover rent, property taxes, insurance and certain cost recoveries, primarily common area maintenance. Office properties owned by us that are under lease are primarily located in Atlanta, Charlotte, Nashville, Orlando, Pittsburgh, Raleigh, Richmond and Tampa and are leased to a wide variety of lessees across many industries. Our leases are operating leases and mostly range from three

Consolidated Variable Interest

Consolidated Variable Interest Entity	6 Months Ended
	Jun. 30, 2021
Variable Interest Entities [Abstract]
Consolidated Variable Interest Entity	Consolidated Variable Interest Entity In 2019, we and The Bromley Companies formed a joint venture (the “Midtown One joint venture”) to construct Midtown West, a 150,000 square foot, multi-customer office building located in the mixed-use Midtown Tampa project in Tampa’s Westshore submarket. Midtown West has an anticipated total investment of $71.3 million. Construction of Midtown West began in the third quarter of 2019 with a completion date in the second quarter of 2021. At closing, we agreed to contribute cash of $20.0 million, which has been fully funded, in exchange for an 80.0% interest in the Midtown One joint venture and The Bromley Companies contributed land valued at $5.0 million in exchange for the remaining 20.0% interest. We also committed to provide a $46.3 million interest-only secured construction loan to the Midtown One joint venture that is scheduled to mature on the second anniversary of completion. The loan bears interest at LIBOR plus 250 basis points. As of June 30, 2021, $23.7 million under the loan has been funded. We determined that we have a variable interest in the Midtown One joint venture primarily because the entity was designed to pass along interest rate risk, equity price risk and operation risk to us as both a debt and an equity holder and The Bromley Companies as an equity holder. The Midtown One joint venture was further determined to be a variable interest entity as it requires additional subordinated financial support in the form of a loan because the initial equity investment provided by us and The Bromley Companies is not sufficient to finance its planned investments and operations. We, as majority owner and managing member and through our control rights as set forth in the joint venture’s governance documents, were determined to be the primary beneficiary as we have both the power to direct the activities that most significantly affect the entity (primarily lease rates, property operations and capital expenditures) and significant economic exposure through our equity investment and loan commitment. As such, the Midtown One joint venture is consolidated and all intercompany transactions and accounts are eliminated. The following table sets forth the assets and liabilities of the Midtown One joint venture included on our Consolidated Balance Sheets: June 30, Net real estate assets $ 51,533 Cash and cash equivalents $ 101 Deferred leasing costs $ 260 Prepaid expenses and other assets, net of accumulated depreciation $ 126 Accounts payable, accrued expenses and other liabilities $ 1,798 The assets of the Midtown One joint venture can be used only to settle obligations of the joint venture and its creditors have no recourse to our wholly owned assets.

Real Estate Assets

Real Estate Assets	6 Months Ended
	Jun. 30, 2021
Real Estate [Abstract]
Real Estate Assets	Real Estate Assets Acquisitions During the second quarter of 2021, we acquired development land in Nashville for a purchase price, including capitalized acq uisition costs, of $16.1 million, which is expected to be paid within two years. Duri ng the first quarter of 2021, we acquired our joint venture partner’s 75.0% interest in our Highwoods DLF Forum, LLC joint venture (the “Forum”), which owned five buildings in Raleigh encompassing 636,000 rentable square feet, for a purchase price of $131.3 million. We previously accounted for our 25.0% interest in this joint venture using the equity method of accounting. The assets and liabilities of the joint venture are now wholly owned and we have determined the acquisition constitutes an asset purchase. As such, because the Forum is not a variable interest entity, we allocated our previously held equity interest at historical cost along with the consideration paid and acquisition costs to the assets acquired and liabilities assumed. The assets acquired and liabilities assumed were recorded at relative fair value as determined by management, with the assistance of third party specialists, based on information available at the acquisition date and on current assumptions as to future operations. Dispositions During the second quarter of 2021, we sold a building in Tampa for a sale price of $43.0 million (before closing credits to buyer of $0.9 million) and recorded a gain on disposition of property of $22.9 million. During the first quarter of 2021, we sold a building in Atlanta for a sale price of $30.7 million and recorded a gain on disposition of property of $18.9 million.

Intangible Assets and Below Mar

Intangible Assets and Below Market Lease Liabilities	6 Months Ended
	Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
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: June 30, December 31, Assets: Deferred leasing costs (including lease incentives and above market lease and in-place lease acquisition-related intangible assets) $ 356,575 $ 361,027 Less accumulated amortization (140,257) (151,698) $ 216,318 $ 209,329 Liabilities (in accounts payable, accrued expenses and other liabilities): Acquisition-related below market lease liabilities $ 55,581 $ 63,748 Less accumulated amortization (31,159) (37,838) $ 24,422 $ 25,910 The following table sets forth amortization of intangible assets and below market lease liabilities: Three Months Ended Six Months Ended 2021 2020 2021 2020 Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization) $ 8,626 $ 8,566 $ 17,197 $ 17,364 Amortization of lease incentives (in rental and other revenues) $ 445 $ 429 $ 893 $ 919 Amortization of acquisition-related intangible assets (in rental and other revenues) $ 241 $ 321 $ 518 $ 609 Amortization of acquisition-related intangible assets (in rental property and other expenses) $ — $ 138 $ — $ 277 Amortization of acquisition-related below market lease liabilities (in rental and other revenues) $ (1,421) $ (1,517) $ (2,850) $ (3,083) The following table sets forth scheduled future amortization of intangible assets and below market lease liabilities: 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 Below Market Lease Liabilities (in Rental and Other Revenues) July 1 through December 31, 2021 $ 18,331 $ 791 $ 484 $ (2,336) 2022 33,657 1,493 910 (4,214) 2023 29,975 1,421 754 (3,838) 2024 26,604 1,273 664 (3,171) 2025 21,634 1,195 546 (1,813) Thereafter 69,158 4,975 2,453 (9,050) $ 199,359 $ 11,148 $ 5,811 $ (24,422) Weighted average remaining amortization periods as of June 30, 2021 (in years) 8.0 9.2 8.8 8.4 The following table sets forth the intangible assets acquired and below market lease liabilities assumed as a result of 2021 acquisition activity: Acquisition-Related Intangible Assets (amortized in Rental and Other Revenues) Acquisition-Related Intangible Assets (amortized in Depreciation and Amortization) Acquisition-Related Below Market Lease Liabilities (amortized in Rental and Other Revenues) Amount recorded at acquisition $ 2,036 $ 13,168 $ (1,361) Weighted average remaining amortization periods as of June 30, 2021 (in years) 7.2 5.8 5.7

Mortgages and Notes Payable

Mortgages and Notes Payable	6 Months Ended
	Jun. 30, 2021
Debt Disclosure [Abstract]
Mortgages and Notes Payable	Mortgages and Notes Payable The following table sets forth our mortgages and notes payable: June 30, December 31, Secured indebtedness $ 92,345 $ 93,350 Unsecured indebtedness 2,396,466 2,390,652 Less-unamortized debt issuance costs (12,909) (13,981) Total mortgages and notes payable, net $ 2,475,902 $ 2,470,021 At June 30, 2021, our secured mortgage loan was collateralized by real estate assets with an undepreciated book value of $147.9 million. During the first quarter of 2021, we entered into a new $750.0 million unsecured revolving credit facility, which replaced our previously existing $600.0 million revolving credit facility and includes an accordion feature that allows for an additional $550.0 million of borrowing capacity subject to additional lender commitments. Our new revolving credit facility is scheduled to mature in March 2025. Assuming no defaults have occurred, we have an option to extend the maturity for two additional six During the second quarter of 2021, we prepaid without penalty the remaining $150.0 million principal amount of 3.20% unsecured notes that was scheduled to mature in June 2021. We recorded $0.1 million of loss on debt extinguishment related to this prepayment. We are currently in compliance with financial covenants with respect to our consolidated debt. We have considered our short-term liquidity needs and the adequacy of our estimated cash flows from operating activities and other available financing sources to meet these needs. We intend to meet these short-term liquidity requirements through a combination of the following: • available cash and cash equivalents; • cash flows from operating activities; • issuance of debt securities by the Operating Partnership; • issuance of secured debt; • bank term loans; • borrowings under our revolving credit facility; • issuance of equity securities by the Company or the Operating Partnership; and • the disposition of non-core assets.

Derivative Financial Instrument

Derivative Financial Instruments	6 Months Ended
	Jun. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments The counterparties under our swaps are major financial institutions. The swap agreements contain a provision whereby if we default on certain of our indebtedness and which default 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 swaps. Our interest rate swaps have been designated as and are being accounted for as cash flow hedges with changes in fair value recorded in other comprehensive income/(loss) each reporting period. We have no collateral requirements related to our interest rate swaps. Amounts reported in accumulated other comprehensive income/(loss) related to derivatives will be reclassified to interest expense as interest payments are made on our debt. During the period from July 1, 2021 through June 30, 2022, we estimate that $0.2 million will be reclassified as a net increase to interest expense. The following table sets forth the fair value of our derivatives: June 30, December 31, Derivatives: Derivatives designated as cash flow hedges in accounts payable, accrued expenses and other liabilities: Interest rate swaps $ 461 $ 846 The following table sets forth the effect of our cash flow hedges on accumulated other comprehensive loss and interest expense: Three Months Ended Six Months Ended 2021 2020 2021 2020 Derivatives Designated as Cash Flow Hedges: Amount of unrealized losses recognized in accumulated other comprehensive loss on derivatives: Interest rate swaps $ (11) $ (103) $ (11) $ (1,236) Amount of losses reclassified out of accumulated other comprehensive loss into interest expense: Interest rate swaps $ 126 $ 75 $ 248 $ 3

Noncontrolling Interests

Noncontrolling Interests	6 Months Ended
	Jun. 30, 2021
Noncontrolling Interest [Abstract]
Noncontrolling Interests	Noncontrolling Interests Noncontrolling Interests in Consolidated Affiliates At June 30, 2021, our noncontrolling interests in consolidated affiliates relate to our joint venture partners’ 50.0% interest in office properties in Richmond and 20.0% interest in the Midtown One joint venture. See Note 3. Our joint venture partners are unrelated third parties. Noncontrolling Interests in the Operating Partnership The following table sets forth the Company’s noncontrolling interests in the Operating Partnership: Three Months Ended Six Months Ended 2021 2020 2021 2020 Beginning noncontrolling interests in the Operating Partnership $ 121,895 $ 100,674 $ 112,499 $ 133,216 Adjustment of noncontrolling interests in the Operating Partnership to fair value 6,068 5,776 15,334 (36,525) Issuances of Common Units — — — 6,163 Conversions of Common Units to Common Stock (44) — (44) — Net income attributable to noncontrolling interests in the Operating Partnership 1,624 1,017 3,117 5,977 Distributions to noncontrolling interests in the Operating Partnership (1,363) (1,364) (2,726) (2,728) Total noncontrolling interests in the Operating Partnership $ 128,180 $ 106,103 $ 128,180 $ 106,103 The following table sets forth net income available for common stockholders and transfers from the Company’s noncontrolling interests in the Operating Partnership: Three Months Ended Six Months Ended 2021 2020 2021 2020 Net income available for common stockholders $ 59,305 $ 37,028 $ 113,764 $ 222,501 Increase in additional paid in capital from conversions of Common Units to Common Stock 44 — 44 — Issuances of Common Units — — — (6,163) Change from net income available for common stockholders and transfers from noncontrolling interests $ 59,349 $ 37,028 $ 113,808 $ 216,338

Disclosure About Fair Value of

Disclosure About Fair Value of Financial Instruments	6 Months Ended
	Jun. 30, 2021
Fair Value Disclosures [Abstract]
Disclosure About Fair Value of Financial Instruments	Disclosure About Fair Value of Financial Instruments The following summarizes the levels of inputs that we use to measure fair value. Level 1. Quoted prices in active markets for identical assets or liabilities. Our Level 1 asset is our investment 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. The Company’s Level 1 noncontrolling interests in the Operating Partnership relate to the ownership of Common Units by various individuals and entities other than the Company. 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 assets include the fair value of our mortgages and notes receivable. Our Level 2 liabilities include the fair value of our mortgages and notes payable and interest rate swaps. The fair value of mortgages and notes receivable and mortgages and notes payable is 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. The fair value of interest rate swaps 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 interest rate swaps are based on the expectation of future interest rates (forward curves) derived from observed market interest rate curves. In addition, credit valuation adjustments are considered 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 any real estate assets recorded at fair value on a non-recurring basis as a result of our quarterly impairment analysis, which are valued using unobservable local and national industry market data such as comparable sales, appraisals, brokers’ opinions of value and/or the terms of definitive sales contracts. Significant increases or decreases in any valuation inputs in isolation would result in a significantly lower or higher fair value measurement. The following table sets forth our assets and liabilities and the Company’s noncontrolling interests in the Operating Partnership that are measured or disclosed at fair value within the fair value hierarchy: Level 1 Level 2 Total Quoted Prices Significant Observable Inputs Fair Value at June 30, 2021: Assets: Mortgages and notes receivable, at fair value (1) $ 1,264 $ — $ 1,264 Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets) 2,829 2,829 — Total Assets $ 4,093 $ 2,829 $ 1,264 Noncontrolling Interests in the Operating Partnership $ 128,180 $ 128,180 $ — Liabilities: Mortgages and notes payable, net, at fair value (1) $ 2,619,464 $ — $ 2,619,464 Interest rate swaps (in accounts payable, accrued expenses and other liabilities) 461 — 461 Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities) 2,829 2,829 — Total Liabilities $ 2,622,754 $ 2,829 $ 2,619,925 Fair Value at December 31, 2020: Assets: Mortgages and notes receivable, at fair value (1) $ 1,341 $ — $ 1,341 Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets) 2,573 2,573 — Total Assets $ 3,914 $ 2,573 $ 1,341 Noncontrolling Interests in the Operating Partnership $ 112,499 $ 112,499 $ — Liabilities: Mortgages and notes payable, net, at fair value (1) $ 2,639,163 $ — $ 2,639,163 Interest rate swaps (in accounts payable, accrued expenses and other liabilities) 846 — 846 Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities) 2,573 2,573 — Total Liabilities $ 2,642,582 $ 2,573 $ 2,640,009 __________

Share-Based Payments

Share-Based Payments	6 Months Ended
	Jun. 30, 2021
Share-based Payment Arrangement [Abstract]
Share-Based Payments	Share-Based PaymentsDuring the six months ended June 30, 2021, the Company granted 103,120 shares of time-based restricted stock and 81,464 shares of total return-based restricted stock with weighted average grant date fair values per share of $39.99 and $36.41, respectively. We recorded share-based compensation expense of $1.9 million and $1.2 million during the three months ended June 30, 2021 and 2020, respectively, and $4.9 million and $3.7 million during the six months ended June 30, 2021 and 2020, respectively. At June 30, 2021, there was $7.2 million of total unrecognized share-based compensation costs, which will be recognized over a weighted average remaining contractual term of 2.0 years.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	6 Months Ended
	Jun. 30, 2021
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss The following table sets forth the components of accumulated other comprehensive loss: Three Months Ended Six Months Ended 2021 2020 2021 2020 Cash flow hedges: Beginning balance $ (1,340) $ (1,676) $ (1,462) $ (471) Unrealized losses on cash flow hedges (11) (103) (11) (1,236) Amortization of cash flow hedges (1) 126 75 248 3 Total accumulated other comprehensive loss $ (1,225) $ (1,704) $ (1,225) $ (1,704) __________ (1) Amounts reclassified out of accumulated other comprehensive loss into interest expense.

Real Estate and Other Assets He

Real Estate and Other Assets Held For Sale	6 Months Ended
	Jun. 30, 2021
Discontinued Operations and Disposal Groups [Abstract]
Real Estate and Other Assets Held For Sale	Real Estate and Other Assets Held For Sale The following table sets forth the assets held for sale at June 30, 2021 and December 31, 2020, which are considered non-core: June 30, December 31, Assets: Land $ — $ 2,612 Buildings and tenant improvements — 12,238 Less-accumulated depreciation — (3,577) Net real estate assets — 11,273 Deferred leasing costs, net — 87 Real estate and other assets, net, held for sale $ — $ 11,360

Earnings Per Share and Per Unit

Earnings Per Share and Per Unit	6 Months Ended
	Jun. 30, 2021
Earnings Per Share [Abstract]
Earnings Per Share and Per Unit	Earnings Per Share and Per Unit The following table sets forth the computation of basic and diluted earnings per share of the Company: Three Months Ended Six Months Ended 2021 2020 2021 2020 Earnings per Common Share - basic: Numerator: Net income $ 61,844 $ 38,956 $ 118,699 $ 230,296 Net (income) attributable to noncontrolling interests in the Operating Partnership (1,624) (1,017) (3,117) (5,977) Net (income) attributable to noncontrolling interests in consolidated affiliates (294) (289) (575) (574) Dividends on Preferred Stock (621) (622) (1,243) (1,244) Net income available for common stockholders $ 59,305 $ 37,028 $ 113,764 $ 222,501 Denominator: Denominator for basic earnings per Common Share – weighted average shares (1) 104,106 103,886 104,035 103,849 Net income available for common stockholders $ 0.57 $ 0.36 $ 1.09 $ 2.14 Earnings per Common Share - diluted: Numerator: Net income $ 61,844 $ 38,956 $ 118,699 $ 230,296 Net (income) attributable to noncontrolling interests in consolidated affiliates (294) (289) (575) (574) Dividends on Preferred Stock (621) (622) (1,243) (1,244) Net income available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership $ 60,929 $ 38,045 $ 116,881 $ 228,478 Denominator: Denominator for basic earnings per Common Share – weighted average shares (1) 104,106 103,886 104,035 103,849 Add: Stock options using the treasury method 20 2 14 13 Noncontrolling interests Common Units 2,838 2,842 2,838 2,819 Denominator for diluted earnings per Common Share – adjusted weighted average shares and assumed conversions 106,964 106,730 106,887 106,681 Net income available for common stockholders $ 0.57 $ 0.36 $ 1.09 $ 2.14 __________ (1) Includes all unvested restricted stock where dividends on such restricted stock are non-forfeitable. The following table sets forth the computation of basic and diluted earnings per unit of the Operating Partnership: Three Months Ended Six Months Ended 2021 2020 2021 2020 Earnings per Common Unit - basic: Numerator: Net income $ 61,844 $ 38,956 $ 118,699 $ 230,296 Net (income) attributable to noncontrolling interests in consolidated affiliates (294) (289) (575) (574) Distributions on Preferred Units (621) (622) (1,243) (1,244) Net income available for common unitholders $ 60,929 $ 38,045 $ 116,881 $ 228,478 Denominator: Denominator for basic earnings per Common Unit – weighted average units (1) 106,535 106,319 106,464 106,259 Net income available for common unitholders $ 0.57 $ 0.36 $ 1.10 $ 2.15 Earnings per Common Unit - diluted: Numerator: Net income $ 61,844 $ 38,956 $ 118,699 $ 230,296 Net (income) attributable to noncontrolling interests in consolidated affiliates (294) (289) (575) (574) Distributions on Preferred Units (621) (622) (1,243) (1,244) Net income available for common unitholders $ 60,929 $ 38,045 $ 116,881 $ 228,478 Denominator: Denominator for basic earnings per Common Unit – weighted average units (1) 106,535 106,319 106,464 106,259 Add: Stock options using the treasury method 20 2 14 13 Denominator for diluted earnings per Common Unit – adjusted weighted average units and assumed conversions 106,555 106,321 106,478 106,272 Net income available for common unitholders $ 0.57 $ 0.36 $ 1.10 $ 2.15 __________ (1) Includes all unvested restricted stock where distributions on such restricted stock are non-forfeitable.

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2021
Segment Reporting [Abstract]
Segment Information	Segment Information The following tables summarize the rental and other revenues and net operating income, the primary industry property-level performance metric used by our chief operating decision maker and which is defined as rental and other revenues less rental property and other expenses, for each of our reportable segments. Three Months Ended Six Months Ended 2021 2020 2021 2020 Rental and Other Revenues: Office: Atlanta $ 35,738 $ 36,537 $ 71,713 $ 74,496 Charlotte 8,917 9,010 18,051 17,943 Nashville 35,578 34,622 70,737 69,119 Orlando 12,730 12,304 25,289 25,326 Pittsburgh 13,949 14,676 28,567 29,624 Raleigh 37,655 31,202 74,697 63,755 Richmond 11,751 11,834 23,213 24,094 Tampa 25,886 25,358 50,310 50,602 Total Office Segment 182,204 175,543 362,577 354,959 Other 3,298 7,610 6,730 20,994 Total Rental and Other Revenues $ 185,502 $ 183,153 $ 369,307 $ 375,953 Net Operating Income: Office: Atlanta $ 23,622 $ 23,901 $ 47,622 $ 49,084 Charlotte 7,035 7,123 14,287 14,325 Nashville 25,824 25,132 50,817 49,885 Orlando 7,782 7,750 15,494 15,755 Pittsburgh 8,411 9,350 17,300 18,020 Raleigh 28,444 23,997 56,580 47,633 Richmond 8,234 8,508 16,287 17,199 Tampa 17,857 17,663 34,497 34,196 Total Office Segment 127,209 123,424 252,884 246,097 Other 2,067 4,610 4,008 12,535 Total Net Operating Income 129,276 128,034 256,892 258,632 Reconciliation to net income: Depreciation and amortization (61,949) (59,461) (122,876) (120,611) Impairments of real estate assets — (1,778) — (1,778) General and administrative expenses (10,107) (10,084) (20,059) (21,014) Interest expense (19,001) (19,840) (38,769) (41,117) Other income 332 588 644 657 Gains on disposition of property 22,862 318 41,799 153,385 Equity in earnings of unconsolidated affiliates 431 1,179 1,068 2,142 Net income $ 61,844 $ 38,956 $ 118,699 $ 230,296

Contingencies

Contingencies	6 Months Ended
	Jun. 30, 2021
Loss Contingency [Abstract]
Contingencies	ContingenciesSince early March 2020, efforts to slow the spread of the COVID-19 virus have had a significant impact on the U.S. economy. We continue to follow the policies described in Notes 1 and 2 to our Consolidated Financial Statements contained in our 2020 Annual Report on Form 10-K, including those related to impairments of real estate assets and investments in unconsolidated affiliates, leases and estimates of credit losses on operating lease receivables. While the results of our current analyses did not result in any material adjustments to amounts as of and during the three and six months ended June 30, 2021, circumstances related to the COVID-19 pandemic may result in recording impairments, lease modifications and credit losses in future periods.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2021
Subsequent Events [Abstract]
Subsequent Events	Subsequent EventsOn July 27, 2021, the Company declared a cash dividend of $0.50 per share of Common Stock, which is payable on September 8, 2021 to stockholders of record as of August 16, 2021.

Description of Business and S_2

Description of Business and Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation Our Consolidated Financial Statements are prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”). The Company’s Consolidated Financial Statements include the Operating Partnership, wholly owned subsidiaries and those entities in which the Company has the controlling interest. The Operating Partnership’s Consolidated Financial Statements include wholly owned subsidiaries and those entities in which the Operating Partnership has the controlling interest. We consolidate joint venture investments, such as interests in partnerships and limited liability companies, when we control the major operating and financial policies of the investment through majority ownership, in our capacity as a general partner or managing member or through some other contractual right. We also consolidate those entities deemed to be variable interest entities in which we are determined to be the primary beneficiary. At June 30, 2021, we have involvement with, and are 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.
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 our Consolidated Financial Statements and accompanying notes. Actual results could differ from those estimates.
Insurance	InsuranceWe are primarily self-insured for health care claims for participating employees. We have stop-loss coverage to limit our exposure to significant claims on a per claim and annual aggregate basis. We determine our liabilities for claims, including incurred but not reported losses, based on all relevant information, including actuarial estimates of claim liabilities.
Recently Issued Accounting Standards	Recently Issued Accounting Standards The Financial Accounting Standards Board (“FASB”) issued an accounting standards update (“ASU”) that provides temporary optional expedients and exceptions to the guidance on contract modifications and hedge accounting to ease the financial reporting burdens related to the expected market transition from LIBOR and other interbank offered rates to alternative reference rates, such as the Secured Overnight Financing Rate (“SOFR”). Entities can elect not to apply certain modification accounting requirements to contracts affected by reference rate reform, if certain criteria are met. An entity that makes this election would not have to remeasure the contracts at the modification date or reassess a previous accounting determination. Entities can also elect various optional expedients that would allow them to continue applying hedge accounting for hedging relationships affected by reference rate reform, if certain criteria are met. The guidance in this ASU is optional and may be elected now through December 31, 2022 as reference rate reform activities occur. We will continue to evaluate the impact of this ASU; however, we currently expect to avail ourselves of such optional expedients and exceptions should our modified contracts meet the required criteria.

Consolidated Variable Interes_2

Consolidated Variable Interest Entity (Tables)	6 Months Ended
	Jun. 30, 2021
Variable Interest Entities [Abstract]
Schedule of Variable Interest Entities	The following table sets forth the assets and liabilities of the Midtown One joint venture included on our Consolidated Balance Sheets: June 30, Net real estate assets $ 51,533 Cash and cash equivalents $ 101 Deferred leasing costs $ 260 Prepaid expenses and other assets, net of accumulated depreciation $ 126 Accounts payable, accrued expenses and other liabilities $ 1,798

Intangible Assets and Below M_2

Intangible Assets and Below Market Lease Liabilities (Tables)	6 Months Ended
	Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
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: June 30, December 31, Assets: Deferred leasing costs (including lease incentives and above market lease and in-place lease acquisition-related intangible assets) $ 356,575 $ 361,027 Less accumulated amortization (140,257) (151,698) $ 216,318 $ 209,329 Liabilities (in accounts payable, accrued expenses and other liabilities): Acquisition-related below market lease liabilities $ 55,581 $ 63,748 Less accumulated amortization (31,159) (37,838) $ 24,422 $ 25,910
Amortization of Intangible Assets and Below Market Lease Liabilities	The following table sets forth amortization of intangible assets and below market lease liabilities: Three Months Ended Six Months Ended 2021 2020 2021 2020 Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization) $ 8,626 $ 8,566 $ 17,197 $ 17,364 Amortization of lease incentives (in rental and other revenues) $ 445 $ 429 $ 893 $ 919 Amortization of acquisition-related intangible assets (in rental and other revenues) $ 241 $ 321 $ 518 $ 609 Amortization of acquisition-related intangible assets (in rental property and other expenses) $ — $ 138 $ — $ 277 Amortization of acquisition-related below market lease liabilities (in rental and other revenues) $ (1,421) $ (1,517) $ (2,850) $ (3,083)
Scheduled Future Amortization of Intangible Assets and Below Market Lease Liabilities	The following table sets forth scheduled future amortization of intangible assets and below market lease liabilities: 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 Below Market Lease Liabilities (in Rental and Other Revenues) July 1 through December 31, 2021 $ 18,331 $ 791 $ 484 $ (2,336) 2022 33,657 1,493 910 (4,214) 2023 29,975 1,421 754 (3,838) 2024 26,604 1,273 664 (3,171) 2025 21,634 1,195 546 (1,813) Thereafter 69,158 4,975 2,453 (9,050) $ 199,359 $ 11,148 $ 5,811 $ (24,422) Weighted average remaining amortization periods as of June 30, 2021 (in years) 8.0 9.2 8.8 8.4
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 2021 acquisition activity: Acquisition-Related Intangible Assets (amortized in Rental and Other Revenues) Acquisition-Related Intangible Assets (amortized in Depreciation and Amortization) Acquisition-Related Below Market Lease Liabilities (amortized in Rental and Other Revenues) Amount recorded at acquisition $ 2,036 $ 13,168 $ (1,361) Weighted average remaining amortization periods as of June 30, 2021 (in years) 7.2 5.8 5.7

Mortgages and Notes Payable (Ta

Mortgages and Notes Payable (Tables)	6 Months Ended
	Jun. 30, 2021
Debt Disclosure [Abstract]
Schedule of Consolidated Mortgages and Notes Payable	The following table sets forth our mortgages and notes payable: June 30, December 31, Secured indebtedness $ 92,345 $ 93,350 Unsecured indebtedness 2,396,466 2,390,652 Less-unamortized debt issuance costs (12,909) (13,981) Total mortgages and notes payable, net $ 2,475,902 $ 2,470,021

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments, Fair Value	The following table sets forth the fair value of our derivatives: June 30, December 31, Derivatives: Derivatives designated as cash flow hedges in accounts payable, accrued expenses and other liabilities: Interest rate swaps $ 461 $ 846
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance	The following table sets forth the effect of our cash flow hedges on accumulated other comprehensive loss and interest expense: Three Months Ended Six Months Ended 2021 2020 2021 2020 Derivatives Designated as Cash Flow Hedges: Amount of unrealized losses recognized in accumulated other comprehensive loss on derivatives: Interest rate swaps $ (11) $ (103) $ (11) $ (1,236) Amount of losses reclassified out of accumulated other comprehensive loss into interest expense: Interest rate swaps $ 126 $ 75 $ 248 $ 3

Noncontrolling Interests (Table

Noncontrolling Interests (Tables) - Highwoods Properties, Inc. [Member]	6 Months Ended
	Jun. 30, 2021
Noncontrolling Interest [Line Items]
Noncontrolling Interests in the Operating Partnership	The following table sets forth the Company’s noncontrolling interests in the Operating Partnership: Three Months Ended Six Months Ended 2021 2020 2021 2020 Beginning noncontrolling interests in the Operating Partnership $ 121,895 $ 100,674 $ 112,499 $ 133,216 Adjustment of noncontrolling interests in the Operating Partnership to fair value 6,068 5,776 15,334 (36,525) Issuances of Common Units — — — 6,163 Conversions of Common Units to Common Stock (44) — (44) — Net income attributable to noncontrolling interests in the Operating Partnership 1,624 1,017 3,117 5,977 Distributions to noncontrolling interests in the Operating Partnership (1,363) (1,364) (2,726) (2,728) Total noncontrolling interests in the Operating Partnership $ 128,180 $ 106,103 $ 128,180 $ 106,103
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 the Company’s noncontrolling interests in the Operating Partnership: Three Months Ended Six Months Ended 2021 2020 2021 2020 Net income available for common stockholders $ 59,305 $ 37,028 $ 113,764 $ 222,501 Increase in additional paid in capital from conversions of Common Units to Common Stock 44 — 44 — Issuances of Common Units — — — (6,163) Change from net income available for common stockholders and transfers from noncontrolling interests $ 59,349 $ 37,028 $ 113,808 $ 216,338

Disclosure About Fair Value o_2

Disclosure About Fair Value of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2021
Fair Value Disclosures [Abstract]
Fair Value Measurements of Assets, Liabilities and Noncontrolling Interests	The following table sets forth our assets and liabilities and the Company’s noncontrolling interests in the Operating Partnership that are measured or disclosed at fair value within the fair value hierarchy: Level 1 Level 2 Total Quoted Prices Significant Observable Inputs Fair Value at June 30, 2021: Assets: Mortgages and notes receivable, at fair value (1) $ 1,264 $ — $ 1,264 Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets) 2,829 2,829 — Total Assets $ 4,093 $ 2,829 $ 1,264 Noncontrolling Interests in the Operating Partnership $ 128,180 $ 128,180 $ — Liabilities: Mortgages and notes payable, net, at fair value (1) $ 2,619,464 $ — $ 2,619,464 Interest rate swaps (in accounts payable, accrued expenses and other liabilities) 461 — 461 Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities) 2,829 2,829 — Total Liabilities $ 2,622,754 $ 2,829 $ 2,619,925 Fair Value at December 31, 2020: Assets: Mortgages and notes receivable, at fair value (1) $ 1,341 $ — $ 1,341 Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets) 2,573 2,573 — Total Assets $ 3,914 $ 2,573 $ 1,341 Noncontrolling Interests in the Operating Partnership $ 112,499 $ 112,499 $ — Liabilities: Mortgages and notes payable, net, at fair value (1) $ 2,639,163 $ — $ 2,639,163 Interest rate swaps (in accounts payable, accrued expenses and other liabilities) 846 — 846 Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities) 2,573 2,573 — Total Liabilities $ 2,642,582 $ 2,573 $ 2,640,009 __________

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
	Jun. 30, 2021
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Components of Accumulated Other Comprehensive Loss	The following table sets forth the components of accumulated other comprehensive loss: Three Months Ended Six Months Ended 2021 2020 2021 2020 Cash flow hedges: Beginning balance $ (1,340) $ (1,676) $ (1,462) $ (471) Unrealized losses on cash flow hedges (11) (103) (11) (1,236) Amortization of cash flow hedges (1) 126 75 248 3 Total accumulated other comprehensive loss $ (1,225) $ (1,704) $ (1,225) $ (1,704) __________ (1) Amounts reclassified out of accumulated other comprehensive loss into interest expense.

Real Estate and Other Assets _2

Real Estate and Other Assets Held For Sale (Tables)	6 Months Ended
	Jun. 30, 2021
Discontinued Operations and Disposal Groups [Abstract]
Real Estate and Other Assets of the Properties Classified As Held For Sale	The following table sets forth the assets held for sale at June 30, 2021 and December 31, 2020, which are considered non-core: June 30, December 31, Assets: Land $ — $ 2,612 Buildings and tenant improvements — 12,238 Less-accumulated depreciation — (3,577) Net real estate assets — 11,273 Deferred leasing costs, net — 87 Real estate and other assets, net, held for sale $ — $ 11,360

Earnings Per Share and Per Un_2

Earnings Per Share and Per Unit (Tables)	6 Months Ended
	Jun. 30, 2021
Earnings Per Share and Per Unit Basic and Diluted [Line Items]
Earnings Per Share	The following table sets forth the computation of basic and diluted earnings per share of the Company: Three Months Ended Six Months Ended 2021 2020 2021 2020 Earnings per Common Share - basic: Numerator: Net income $ 61,844 $ 38,956 $ 118,699 $ 230,296 Net (income) attributable to noncontrolling interests in the Operating Partnership (1,624) (1,017) (3,117) (5,977) Net (income) attributable to noncontrolling interests in consolidated affiliates (294) (289) (575) (574) Dividends on Preferred Stock (621) (622) (1,243) (1,244) Net income available for common stockholders $ 59,305 $ 37,028 $ 113,764 $ 222,501 Denominator: Denominator for basic earnings per Common Share – weighted average shares (1) 104,106 103,886 104,035 103,849 Net income available for common stockholders $ 0.57 $ 0.36 $ 1.09 $ 2.14 Earnings per Common Share - diluted: Numerator: Net income $ 61,844 $ 38,956 $ 118,699 $ 230,296 Net (income) attributable to noncontrolling interests in consolidated affiliates (294) (289) (575) (574) Dividends on Preferred Stock (621) (622) (1,243) (1,244) Net income available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership $ 60,929 $ 38,045 $ 116,881 $ 228,478 Denominator: Denominator for basic earnings per Common Share – weighted average shares (1) 104,106 103,886 104,035 103,849 Add: Stock options using the treasury method 20 2 14 13 Noncontrolling interests Common Units 2,838 2,842 2,838 2,819 Denominator for diluted earnings per Common Share – adjusted weighted average shares and assumed conversions 106,964 106,730 106,887 106,681 Net income available for common stockholders $ 0.57 $ 0.36 $ 1.09 $ 2.14 __________
Highwoods Realty Limited Partnership [Member]
Earnings Per Share and Per Unit Basic and Diluted [Line Items]
Earnings Per Unit	The following table sets forth the computation of basic and diluted earnings per unit of the Operating Partnership: Three Months Ended Six Months Ended 2021 2020 2021 2020 Earnings per Common Unit - basic: Numerator: Net income $ 61,844 $ 38,956 $ 118,699 $ 230,296 Net (income) attributable to noncontrolling interests in consolidated affiliates (294) (289) (575) (574) Distributions on Preferred Units (621) (622) (1,243) (1,244) Net income available for common unitholders $ 60,929 $ 38,045 $ 116,881 $ 228,478 Denominator: Denominator for basic earnings per Common Unit – weighted average units (1) 106,535 106,319 106,464 106,259 Net income available for common unitholders $ 0.57 $ 0.36 $ 1.10 $ 2.15 Earnings per Common Unit - diluted: Numerator: Net income $ 61,844 $ 38,956 $ 118,699 $ 230,296 Net (income) attributable to noncontrolling interests in consolidated affiliates (294) (289) (575) (574) Distributions on Preferred Units (621) (622) (1,243) (1,244) Net income available for common unitholders $ 60,929 $ 38,045 $ 116,881 $ 228,478 Denominator: Denominator for basic earnings per Common Unit – weighted average units (1) 106,535 106,319 106,464 106,259 Add: Stock options using the treasury method 20 2 14 13 Denominator for diluted earnings per Common Unit – adjusted weighted average units and assumed conversions 106,555 106,321 106,478 106,272 Net income available for common unitholders $ 0.57 $ 0.36 $ 1.10 $ 2.15 __________ (1) Includes all unvested restricted stock where distributions on such restricted stock are non-forfeitable.

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2021
Segment Reporting [Abstract]
Reconciliation of Revenue from Segments to Consolidated	The following tables summarize the rental and other revenues and net operating income, the primary industry property-level performance metric used by our chief operating decision maker and which is defined as rental and other revenues less rental property and other expenses, for each of our reportable segments. Three Months Ended Six Months Ended 2021 2020 2021 2020 Rental and Other Revenues: Office: Atlanta $ 35,738 $ 36,537 $ 71,713 $ 74,496 Charlotte 8,917 9,010 18,051 17,943 Nashville 35,578 34,622 70,737 69,119 Orlando 12,730 12,304 25,289 25,326 Pittsburgh 13,949 14,676 28,567 29,624 Raleigh 37,655 31,202 74,697 63,755 Richmond 11,751 11,834 23,213 24,094 Tampa 25,886 25,358 50,310 50,602 Total Office Segment 182,204 175,543 362,577 354,959 Other 3,298 7,610 6,730 20,994 Total Rental and Other Revenues $ 185,502 $ 183,153 $ 369,307 $ 375,953
Reconciliation of Operating Profit (Loss) from Segments to Consolidated	Net Operating Income: Office: Atlanta $ 23,622 $ 23,901 $ 47,622 $ 49,084 Charlotte 7,035 7,123 14,287 14,325 Nashville 25,824 25,132 50,817 49,885 Orlando 7,782 7,750 15,494 15,755 Pittsburgh 8,411 9,350 17,300 18,020 Raleigh 28,444 23,997 56,580 47,633 Richmond 8,234 8,508 16,287 17,199 Tampa 17,857 17,663 34,497 34,196 Total Office Segment 127,209 123,424 252,884 246,097 Other 2,067 4,610 4,008 12,535 Total Net Operating Income 129,276 128,034 256,892 258,632 Reconciliation to net income: Depreciation and amortization (61,949) (59,461) (122,876) (120,611) Impairments of real estate assets — (1,778) — (1,778) General and administrative expenses (10,107) (10,084) (20,059) (21,014) Interest expense (19,001) (19,840) (38,769) (41,117) Other income 332 588 644 657 Gains on disposition of property 22,862 318 41,799 153,385 Equity in earnings of unconsolidated affiliates 431 1,179 1,068 2,142 Net income $ 61,844 $ 38,956 $ 118,699 $ 230,296

Description of Business and S_3

Description of Business and Significant Accounting Policies (Details) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2021USD ($)aft²propertyUnitnumberOfLoansshares	Jun. 30, 2020USD ($)	Jun. 30, 2021USD ($)aft²propertyUnitnumberOfLoans$ / sharesshares	Jun. 30, 2020USD ($)	Dec. 31, 2020USD ($)	Jul. 20, 2021USD ($)
Description of Business [Abstract]
Rentable square feet of commercial real estate properties (in sq feet) | ft²	27,300,000		27,300,000
Rentable square feet of commercial real estate office properties under development (in sq feet) | ft²	800,000		800,000
Undeveloped land suitable for future development (in acres) | a	250		250
Net proceeds of Common Stock sold during the period	$ 7,095	$ 362	$ 5,897	$ 1,401
Self insurance liability	400		400
Deferred rents included in accounts receivable	$ 1,600		$ 1,600
PAC Portfolio Acquisition [Member]
Description of Business [Abstract]
Rentable square feet of commercial real estate properties (in sq feet) | ft²	1,630,000		1,630,000
Number of office properties acquired | propertyUnit	4		4
Number of redevelopment properties acquired | propertyUnit	1		1
Number of non-core assets acquired | propertyUnit	2		2
Acquisition purchase price	$ 769,000
Near-term building improvements included in acquisition	28,000		$ 28,000
Transaction costs	$ 5,000		$ 5,000
Number of loans assumed in acquisition | numberOfLoans	4		4
Fair value of debt assumed from the acquisition	$ 403,000		$ 403,000
Effective interest rate of secured debt assumed from the acquisition	3.70%		3.70%
Term of debt instrument, in years	10 years 9 months 18 days
Percentage of total investment related to non-core assets	12.00%		12.00%
Anticipated period of close date scheduled (in days)	30 days		30 days
Earnest money deposits	$ 55,000		$ 55,000
PAC Portfolio Acquisition [Member] | Subsequent Event [Member]
Description of Business [Abstract]
Earnest money deposits						$ 60,000
Highwoods Properties, Inc. [Member]
Description of Business [Abstract]
Common Units of partnership owned by the Company (in shares) | shares	103,800,000		103,800,000
Percentage of ownership of Common Units (in hundredths)	97.30%		97.30%
Common Units redeemed for a like number of common shares of stock (in shares) | shares			1,000
Highwoods Properties, Inc. [Member] | ATM Equity Offering
Description of Business [Abstract]
Net proceeds of Common Stock sold during the period			$ 6,800
Number of Common Stock sold during the period (in shares) | shares			149,100
Average price of Common Stock sold during the period (in dollars per share) | $ / shares			$ 46.11
Highwoods Properties, Inc. [Member] | ATM Equity Offering | Maximum [Member]
Description of Business [Abstract]
Net proceeds of Common Stock sold during the period					$ 300,000
Highwoods Realty Limited Partnership [Member]
Description of Business [Abstract]
Common Units of partnership not owned by the Company (in shares) | shares	2,800,000		2,800,000

Leases ASC 842 (Details)

Leases ASC 842 (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Lessor Disclosure [Abstract]
Rental and other revenues related to operating lease payments	$ 182.4	$ 181.1	$ 362.4	$ 370.7
Variable lease income	$ 14.5	$ 13.4	$ 29	$ 29.8
Minimum [Member]
Lessor Disclosure [Abstract]
Operating leases, term of leases (in years)	3 years		3 years
Maximum [Member]
Lessor Disclosure [Abstract]
Operating leases, term of leases (in years)	10 years		10 years

Consolidated Variable Interes_3

Consolidated Variable Interest Entity (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2019USD ($)ft²	Jun. 30, 2021USD ($)ft²	Dec. 31, 2020USD ($)	Jun. 30, 2020USD ($)
Consolidated Variable Interest Entity [Abstract]
Rentable square feet of office property under development (in sq feet) | ft²		800,000
Assets and liabilities of consolidated variable interest entity [Abstract]
Net real estate assets		$ 4,548,909	$ 4,421,285
Cash and cash equivalents		6,535	109,322	$ 4,752
Deferred leasing costs		216,318	209,329
Prepaid expense and other assets, net of accumulated depreciation		127,853	62,885
Accounts payable, accrued expenses and other liabilities		265,296	$ 268,727
Consolidated Variable Interest Entity [Member]
Consolidated Variable Interest Entity [Abstract]
Rentable square feet of office property under development (in sq feet) | ft²	150,000
Total anticipated development costs	$ 71,300
Contribution of cash to acquire interest in consolidated joint venture	$ 20,000
Interest in consolidated joint venture (in hundredths)	80.00%
Partner's contribution of property to acquire interest in consolidated joint venture	$ 5,000
Advance to consolidated affiliate	$ 46,300
Amount of loan funded to affiliate		23,700
Assets and liabilities of consolidated variable interest entity [Abstract]
Net real estate assets		51,533
Cash and cash equivalents		101
Deferred leasing costs		260
Prepaid expense and other assets, net of accumulated depreciation		126
Accounts payable, accrued expenses and other liabilities		$ 1,798
Consolidated Variable Interest Entity [Member] | London Interbank Offered Rate (LIBOR) [Member]
Consolidated Variable Interest Entity [Abstract]
Variable interest rate basis	LIBOR
Interest rate, basis spread (in hundredths)	2.50%
Variable Interest Entity [Member]
Consolidated Variable Interest Entity [Abstract]
Partner's interest in consolidated joint venture (in hundredths)		20.00%
Variable Interest Entity [Member] | Consolidated Variable Interest Entity [Member]
Consolidated Variable Interest Entity [Abstract]
Partner's interest in consolidated joint venture (in hundredths)	20.00%

Real Estate Assets (Details)

Real Estate Assets (Details) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2021USD ($)ft²	Mar. 31, 2021USD ($)ft²propertyUnit	Jun. 30, 2020USD ($)	Jun. 30, 2021USD ($)ft²	Jun. 30, 2020USD ($)
Acquisitions [Abstract]
Rentable square feet of commercial real estate properties (in sq feet) | ft²	27,300,000			27,300,000
Dispositions [Abstract]
Gains on disposition of property	$ 22,862		$ 318	$ 41,799	$ 153,385
Nashville TN Land Acquisition [Member]
Acquisitions [Abstract]
Acquisition purchase price	16,100
Forum Buildings Acquisition
Acquisitions [Abstract]
Acquisition purchase price		$ 131,300
Percentage of partner's interest in asset acquired (in hundredths)		75.00%
Number of buildings sold | propertyUnit		5
Rentable square feet of commercial real estate properties (in sq feet) | ft²		636,000
Percentage of equity interest in joint venture (in hundredths)		25.00%
2021 Dispositions
Dispositions [Abstract]
Purchase price of real estate	43,000	$ 30,700
Closing credits excluded for unfunded building and/or tenant improvements	900
Gains on disposition of property	$ 22,900	$ 18,900

Intangible Assets and Below M_3

Intangible Assets and Below Market Lease Liabilities (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Assets:
Deferred leasing costs (including lease incentives and above market lease and in-place lease acquisition-related intangible assets)	$ 356,575		$ 356,575		$ 361,027
Deferred leasing costs, accumulated amortization	(140,257)		(140,257)		(151,698)
Deferred leasing costs, net/Total scheduled future amortization of intangible assets	216,318		216,318		209,329
Liabilities (in accounts payable, accrued expenses and other liabilities):
Acquisition-related below market lease liabilities, gross	55,581		55,581		63,748
Acquisition-related below market lease liabilities, accumulated amortization	(31,159)		(31,159)		(37,838)
Acquisition-related below market lease liabilities, net	24,422		24,422		$ 25,910
Amortization of intangible assets and below market lease liabilities [Abstract]
Acquired intangible assets (amortized in rental and other revenue)	2,036		2,036
Acquired intangible assets (amortized in depreciation and amortization)	13,168		13,168
Assumed below market lease liabilities (amortized in rental and other revenue)	(1,361)		(1,361)
Deferred Leasing Costs and Acquisition-Related Intangible Assets (in Depreciation and Amortization) [Member]
Assets:
Deferred leasing costs, net/Total scheduled future amortization of intangible assets	199,359		199,359
Amortization of intangible assets and below market lease liabilities [Abstract]
Amortization of intangible assets	8,626	$ 8,566	17,197	$ 17,364
Lease Incentives (in Rental and Other Revenues) [Member]
Assets:
Deferred leasing costs, net/Total scheduled future amortization of intangible assets	11,148		11,148
Amortization of intangible assets and below market lease liabilities [Abstract]
Amortization of intangible assets	445	429	893	919
Acquisition-Related Intangible Assets (in Rental and Other Revenues) [Member]
Assets:
Deferred leasing costs, net/Total scheduled future amortization of intangible assets	5,811		5,811
Amortization of intangible assets and below market lease liabilities [Abstract]
Amortization of intangible assets	241	321	518	609
Acquisition-Related Intangible Assets (in Rental Property and Other Expenses) [Member]
Amortization of intangible assets and below market lease liabilities [Abstract]
Amortization of intangible assets	0	138	0	277
Acquisition-Related Below Market Lease Liabilities (in Rental and Other Revenues) [Member]
Liabilities (in accounts payable, accrued expenses and other liabilities):
Acquisition-related below market lease liabilities, net	24,422		24,422
Amortization of intangible assets and below market lease liabilities [Abstract]
Amortization of acquisition-related below market lease liabilities	$ (1,421)	$ (1,517)	$ (2,850)	$ (3,083)

Intangible Assets and Below M_4

Intangible Assets and Below Market Lease Liabilities - Scheduled Future Amortization (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Scheduled future amortization of intangible assets [Abstract]
Deferred leasing costs, net/Total scheduled future amortization of intangible assets	$ 216,318	$ 209,329
Scheduled future amortization of below market lease liabilities [Abstract]
Total scheduled future amortization of acquisition-related below market lease liabilities	(24,422)	$ (25,910)
Deferred Leasing Costs and Acquisition-Related Intangible Assets (in Depreciation and Amortization) [Member]
Scheduled future amortization of intangible assets [Abstract]
July 1 through December 31, 2021	18,331
2022	33,657
2023	29,975
2024	26,604
2025	21,634
Thereafter	69,158
Deferred leasing costs, net/Total scheduled future amortization of intangible assets	$ 199,359
Weighted average remaining amortization periods for intangible assets and below market lease liabilities [Abstract]
Finite-lived intangible assets, average useful life (in years)	8 years
Acquired intangible assets, weighted average useful life (in years)	5 years 9 months 18 days
Lease Incentives (in Rental and Other Revenues) [Member]
Scheduled future amortization of intangible assets [Abstract]
July 1 through December 31, 2021	$ 791
2022	1,493
2023	1,421
2024	1,273
2025	1,195
Thereafter	4,975
Deferred leasing costs, net/Total scheduled future amortization of intangible assets	$ 11,148
Weighted average remaining amortization periods for intangible assets and below market lease liabilities [Abstract]
Finite-lived intangible assets, average useful life (in years)	9 years 2 months 12 days
Acquisition-Related Intangible Assets (in Rental and Other Revenues) [Member]
Scheduled future amortization of intangible assets [Abstract]
July 1 through December 31, 2021	$ 484
2022	910
2023	754
2024	664
2025	546
Thereafter	2,453
Deferred leasing costs, net/Total scheduled future amortization of intangible assets	$ 5,811
Weighted average remaining amortization periods for intangible assets and below market lease liabilities [Abstract]
Finite-lived intangible assets, average useful life (in years)	8 years 9 months 18 days
Acquired intangible assets, weighted average useful life (in years)	7 years 2 months 12 days
Acquisition-Related Below Market Lease Liabilities (in Rental and Other Revenues) [Member]
Scheduled future amortization of below market lease liabilities [Abstract]
July 1 through December 31, 2021	$ (2,336)
2022	(4,214)
2023	(3,838)
2024	(3,171)
2025	(1,813)
Thereafter	(9,050)
Total scheduled future amortization of acquisition-related below market lease liabilities	$ (24,422)
Weighted average remaining amortization periods for intangible assets and below market lease liabilities [Abstract]
Finite-lived below market lease liabilities, average useful life (in years)	8 years 4 months 24 days
Assumed finite-lived below market lease liabilities, weighted average useful life (in years)	5 years 8 months 12 days

Mortgages and Notes Payable (De

Mortgages and Notes Payable (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2021USD ($)	Mar. 31, 2021USD ($)extension	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)	Jul. 20, 2021USD ($)	Dec. 31, 2020USD ($)
Debt Instrument [Line Items]
Mortgages and notes payable	$ 2,475,902,000		$ 2,475,902,000			$ 2,470,021,000
Unamortized debt issuance costs	(12,909,000)		(12,909,000)			(13,981,000)
Loss on debt extinguishment			(134,000)	$ 0
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity on revolving credit facility		$ 750,000,000				600,000,000
Additional borrowing capacity on revolving credit facility		$ 550,000,000
Number of additional extensions | extension		2
Term of optional extension		6 months
Deferred financing fees		$ 4,800,000
Loss on debt extinguishment		$ (100,000)
Amount outstanding on revolving credit facility	155,000,000		155,000,000
Outstanding letters of credit on revolving credit facility	100,000		100,000
Unused borrowing capacity on revolving credit facility	594,900,000		$ 594,900,000
3.20% (3.363% effective rate) Notes due 2021 [Member]
Debt Instrument [Line Items]
Loss on debt extinguishment	(100,000)
Early repayment of debt	$ 150,000,000
Stated interest rate (in hundredths)	3.20%		3.20%
Secured indebtedness [Member]
Debt Instrument [Line Items]
Mortgages and notes payable	$ 92,345,000		$ 92,345,000			93,350,000
Aggregate undepreciated book value of secured real estate assets	147,900,000		147,900,000
Unsecured indebtedness [Member]
Debt Instrument [Line Items]
Mortgages and notes payable	$ 2,396,466,000		$ 2,396,466,000			$ 2,390,652,000
London Interbank Offered Rate (LIBOR) [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Facility interest rate basis		LIBOR
Interest rate, basis spread (in hundredths)		0.90%
Annual facility fee (in hundredths)		0.20%
Subsequent Event [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Amount outstanding on revolving credit facility					$ 155,000,000
Outstanding letters of credit on revolving credit facility					100,000
Unused borrowing capacity on revolving credit facility					$ 594,900,000

Derivative Financial Instrume_3

Derivative Financial Instruments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Expected net increase to interest expense	$ 200		$ 200
Derivatives designated as cash flow hedges in accounts payable, accrued expenses and other liabilities:
Interest rate swaps	461		461		$ 846
Amount of unrealized losses recognized in accumulated other comprehensive loss on derivatives:
Interest rate swaps	(11)	$ (103)	(11)	$ (1,236)
Amount of losses reclassified out of accumulated other comprehensive loss into interest expense:
Interest rate swaps	$ 126	$ 75	$ 248	$ 3

Noncontrolling Interests (Detai

Noncontrolling Interests (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Noncontrolling Interests in the Operating Partnership [Roll Forward]
Beginning noncontrolling interests in the Operating Partnership			$ 112,499
Adjustment of noncontrolling interests in the Operating Partnership to fair value	$ 6,068	$ 5,776	15,334	$ (36,525)
Conversions of Common Units to Common Stock	(44)		(44)	0
Net income attributable to noncontrolling interests in the Operating Partnership	1,624	1,017	3,117	5,977
Distributions to noncontrolling interests in the Operating Partnership			(2,726)	(2,728)
Total noncontrolling interests in the Operating Partnership	128,180		128,180
Net Income Available for Common Stockholders and Transfers From Noncontrolling Interests in the Operating Partnership [Abstract]
Net income available for common stockholders	59,305	37,028	113,764	222,501
Highwoods Properties, Inc. [Member]
Noncontrolling Interests in the Operating Partnership [Roll Forward]
Beginning noncontrolling interests in the Operating Partnership	121,895	100,674	112,499	133,216
Adjustment of noncontrolling interests in the Operating Partnership to fair value	6,068	5,776	15,334	(36,525)
Issuances of Common Units	0	0	0	6,163
Conversions of Common Units to Common Stock	(44)	0	(44)	0
Net income attributable to noncontrolling interests in the Operating Partnership	1,624	1,017	3,117	5,977
Distributions to noncontrolling interests in the Operating Partnership	(1,363)	(1,364)	(2,726)	(2,728)
Total noncontrolling interests in the Operating Partnership	128,180	106,103	128,180	106,103
Net Income Available for Common Stockholders and Transfers From Noncontrolling Interests in the Operating Partnership [Abstract]
Net income available for common stockholders	59,305	37,028	113,764	222,501
Increase in additional paid in capital from conversions of Common Units to Common Stock	44	0	44	0
Issuances of Common Units	0	0	0	(6,163)
Change from net income available for common stockholders and transfers from noncontrolling interests	$ 59,349	$ 37,028	$ 113,808	$ 216,338
Richmond Joint Venture [Member]
Noncontrolling Interests in Consolidated Affiliates [Abstract]
Consolidated joint venture, partner's interest (in hundredths)	50.00%		50.00%
Midtown One Joint Venture [Member]
Noncontrolling Interests in Consolidated Affiliates [Abstract]
Consolidated joint venture, partner's interest (in hundredths)	20.00%		20.00%

Disclosure About Fair Value o_3

Disclosure About Fair Value of Financial Instruments - Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Assets:
Mortgages and notes receivable, at fair value	$ 1,264	$ 1,341
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)	2,829	2,573
Total Assets	4,093	3,914
Liabilities:
Mortgages and notes payable, net, at fair value	2,619,464	2,639,163
Interest rate swaps (in accounts payable, accrued expenses and other liabilities)	461	846
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)	2,829	2,573
Total Liabilities	2,622,754	2,642,582
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)	2,829	2,573
Total Assets	2,829	2,573
Liabilities:
Mortgages and notes payable, net, 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)	2,829	2,573
Total Liabilities	2,829	2,573
Level 2 [Member]
Assets:
Mortgages and notes receivable, at fair value	1,264	1,341
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)	0	0
Total Assets	1,264	1,341
Liabilities:
Mortgages and notes payable, net, at fair value	2,619,464	2,639,163
Interest rate swaps (in accounts payable, accrued expenses and other liabilities)	461	846
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)	0	0
Total Liabilities	2,619,925	2,640,009
Highwoods Properties, Inc. [Member]
Assets:
Noncontrolling Interests in the Operating Partnership	128,180	112,499
Highwoods Properties, Inc. [Member] | Level 1 [Member]
Assets:
Noncontrolling Interests in the Operating Partnership	128,180	112,499
Highwoods Properties, Inc. [Member] | Level 2 [Member]
Assets:
Noncontrolling Interests in the Operating Partnership	$ 0	$ 0

Share-Based Payments (Details)

Share-Based Payments (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 1,900	$ 1,200	$ 4,855	$ 3,738
Total unrecognized share-based compensation costs	$ 7,200		$ 7,200
Weighted average remaining contractual term for recognition of unrecognized share-based compensation costs (in years)			2 years
Highwoods Properties, Inc. [Member] | Time-Based Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock shares granted (in shares)			103,120
Weighted average grant date fair value of each restricted stock share granted (in dollars per share)			$ 39.99
Highwoods Properties, Inc. [Member] | Total Return-Based Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock shares granted (in shares)			81,464
Weighted average grant date fair value of each restricted stock share granted (in dollars per share)			$ 36.41

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Accumulated Other Comprehensive Loss Calculation [Roll Forward]
Beginning balance	$ (1,340)	$ (1,676)	$ (1,462)	$ (471)
Unrealized losses on cash flow hedges	(11)	(103)	(11)	(1,236)
Amortization of cash flow hedges	126	75	248	3
Total accumulated other comprehensive loss	$ (1,225)	$ (1,704)	$ (1,225)	$ (1,704)

Real Estate and Other Assets _3

Real Estate and Other Assets Held For Sale (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Real Estate and Other Assets Held For Sale [Abstract]
Land	$ 0	$ 2,612
Buildings and tenant improvements	0	12,238
Less-accumulated depreciation	0	(3,577)
Net real estate assets	0	11,273
Deferred leasing costs, net	0	87
Real estate and other assets, net, held for sale	$ 0	$ 11,360

Earnings Per Share and Per Un_3

Earnings Per Share and Per Unit (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Earnings per Common Share and Per Unit - basic: [Abstract]
Net income	$ 61,844	$ 38,956	$ 118,699	$ 230,296
Net (income) attributable to noncontrolling interests in the Operating Partnership	(1,624)	(1,017)	(3,117)	(5,977)
Net (income) attributable to noncontrolling interests in consolidated affiliates	(294)	(289)	(575)	(574)
Dividends on Preferred Stock	(621)	(622)	(1,243)	(1,244)
Net income available for common stockholders	$ 59,305	$ 37,028	$ 113,764	$ 222,501
Denominator:
Denominator for basic earnings per Common Share - weighted average shares (in shares)	104,106	103,886	104,035	103,849
Earnings per Common Share - basic:
Net income available for common stockholders (in dollars per share)	$ 0.57	$ 0.36	$ 1.09	$ 2.14
Earnings per Common Share and Per Unit - diluted: [Abstract]
Net income	$ 61,844	$ 38,956	$ 118,699	$ 230,296
Net (income) attributable to noncontrolling interests in consolidated affiliates	(294)	(289)	(575)	(574)
Dividends on Preferred Stock	(621)	(622)	(1,243)	(1,244)
Net income available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership	$ 60,929	$ 38,045	$ 116,881	$ 228,478
Denominator:
Denominator for basic earnings per Common Share - weighted average shares (in shares)	104,106	103,886	104,035	103,849
Stock options using the treasury method (in shares)	20	2	14	13
Noncontrolling interests Common Units (in shares)	2,838	2,842	2,838	2,819
Denominator for diluted earnings per Common Share - adjusted weighted average shares and assumed conversions (in shares)	106,964	106,730	106,887	106,681
Earnings per Common Share - diluted:
Net income available for common stockholders (in dollars per share)	$ 0.57	$ 0.36	$ 1.09	$ 2.14
Highwoods Realty Limited Partnership [Member]
Earnings per Common Share and Per Unit - basic: [Abstract]
Net income	$ 61,844	$ 38,956	$ 118,699	$ 230,296
Net (income) attributable to noncontrolling interests in consolidated affiliates	(294)	(289)	(575)	(574)
Distributions on Preferred Units	(621)	(622)	(1,243)	(1,244)
Net income available for common unitholders	$ 60,929	$ 38,045	$ 116,881	$ 228,478
Denominator:
Denominator for basic earnings per Common Unit - weighted average units (in shares)	106,535	106,319	106,464	106,259
Earnings per Common Unit - basic:
Net income available for common unitholders (in dollars per share)	$ 0.57	$ 0.36	$ 1.10	$ 2.15
Earnings per Common Share and Per Unit - diluted: [Abstract]
Net income	$ 61,844	$ 38,956	$ 118,699	$ 230,296
Net (income) attributable to noncontrolling interests in consolidated affiliates	(294)	(289)	(575)	(574)
Distributions on Preferred Units	(621)	(622)	(1,243)	(1,244)
Net income available for common unitholders	$ 60,929	$ 38,045	$ 116,881	$ 228,478
Denominator:
Denominator for basic earnings per Common Unit - weighted average units (in shares)	106,535	106,319	106,464	106,259
Stock options using the treasury method (in shares)	20	2	14	13
Denominator for diluted earnings per Common Unit - adjusted weighted average units and assumed conversions (in shares)	106,555	106,321	106,478	106,272
Earnings per Common Unit - diluted:
Net income available for common unitholders (in dollars per share)	$ 0.57	$ 0.36	$ 1.10	$ 2.15

Segment Information (Details)

Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	$ 185,502	$ 183,153	$ 369,307	$ 375,953
Total Net Operating Income	129,276	128,034	256,892	258,632
Reconciliation to net income:
Depreciation and amortization	(61,949)	(59,461)	(122,876)	(120,611)
Impairments of real estate assets	0	(1,778)	0	(1,778)
General and administrative expenses	(10,107)	(10,084)	(20,059)	(21,014)
Interest expense	(19,001)	(19,840)	(38,769)	(41,117)
Other income	332	588	644	657
Gains on disposition of property	22,862	318	41,799	153,385
Equity in earnings of unconsolidated affiliates	431	1,179	1,068	2,142
Net income	61,844	38,956	118,699	230,296
Total Office Segment [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	182,204	175,543	362,577	354,959
Total Net Operating Income	127,209	123,424	252,884	246,097
Office Atlanta, GA [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	35,738	36,537	71,713	74,496
Total Net Operating Income	23,622	23,901	47,622	49,084
Office Charlotte, NC [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	8,917	9,010	18,051	17,943
Total Net Operating Income	7,035	7,123	14,287	14,325
Office Nashville, TN [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	35,578	34,622	70,737	69,119
Total Net Operating Income	25,824	25,132	50,817	49,885
Office Orlando, FL [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	12,730	12,304	25,289	25,326
Total Net Operating Income	7,782	7,750	15,494	15,755
Office Pittsburgh, PA [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	13,949	14,676	28,567	29,624
Total Net Operating Income	8,411	9,350	17,300	18,020
Office Raleigh, NC [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	37,655	31,202	74,697	63,755
Total Net Operating Income	28,444	23,997	56,580	47,633
Office Richmond, VA [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	11,751	11,834	23,213	24,094
Total Net Operating Income	8,234	8,508	16,287	17,199
Office Tampa, FL [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	25,886	25,358	50,310	50,602
Total Net Operating Income	17,857	17,663	34,497	34,196
Other [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	3,298	7,610	6,730	20,994
Total Net Operating Income	$ 2,067	$ 4,610	$ 4,008	$ 12,535

Subsequent Events (Details)

Subsequent Events (Details) - Highwoods Properties, Inc. [Member] - $ / shares	Jul. 27, 2021	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Subsequent Event [Line Items]
Dividends on Common Stock (per share)		$ 0.48	$ 0.48	$ 0.96	$ 0.96
Subsequent Event [Member]
Subsequent Event [Line Items]
Dividends on Common Stock (per share)	$ 0.50