Highwoods Properties (HIW) 10-Q 24 Oct 23 2023 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2023	Oct. 17, 2023
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2023
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	150 Fayetteville Street
Entity Address, Address Line Two	Suite 1400
Entity Address, City or Town	Raleigh
Entity Address, State or Province	NC
Entity Address, Postal Zip Code	27601
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		105,693,261
Entity Central Index Key	0000921082
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3
Amendment Flag	false
Highwoods Realty Limited Partnership
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	2023
Document Fiscal Period Focus	Q3
Amendment Flag	false

HPI - Consolidated Balance Shee

HPI - Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Real estate assets, at cost:
Land	$ 542,418	$ 548,720
Buildings and tenant improvements	5,970,163	5,909,754
Development in-process	6,203	46,735
Land held for development	227,817	231,218
Total real estate assets	6,746,601	6,736,427
Less-accumulated depreciation	(1,711,023)	(1,609,502)
Net real estate assets	5,035,578	5,126,925
Real estate and other assets, net, held for sale	4,706	0
Cash and cash equivalents	16,901	21,357
Restricted cash	3,809	4,748
Accounts receivable	25,583	25,481
Mortgages and notes receivable	9,783	1,051
Accrued straight-line rents receivable	308,277	293,674
Investments in and advances to unconsolidated affiliates	314,475	269,221
Deferred leasing costs, net of accumulated amortization of $173,926 and $163,751, respectively	233,079	252,828
Prepaid expenses and other assets, net of accumulated depreciation of $23,008 and $21,660, respectively	72,177	68,091
Total Assets	6,024,368	6,063,376
Liabilities, Noncontrolling Interests in the Operating Partnership and Equity:
Mortgages and notes payable, net	3,212,185	3,197,215
Accounts payable, accrued expenses and other liabilities	310,409	301,184
Total Liabilities	3,522,594	3,498,399
Commitments and contingencies
Noncontrolling interests in the Operating Partnership	44,452	65,977
Equity:
Preferred Stock, $.01 par value, 50,000,000 authorized shares; 8.625% Series A Cumulative Redeemable Preferred Shares (liquidation preference $1,000 per share), 28,811 and 28,821 shares issued and outstanding, respectively	28,811	28,821
Common Stock, $.01 par value, 200,000,000 authorized shares; 105,693,261 and 105,210,858 shares issued and outstanding, respectively	1,057	1,052
Additional paid-in capital	3,107,593	3,081,330
Distributions in excess of net income available for common stockholders	(683,171)	(633,227)
Accumulated other comprehensive loss	(1,434)	(1,211)
Total Stockholders’ Equity	2,452,856	2,476,765
Noncontrolling interests in consolidated affiliates	4,466	22,235
Total Equity/Capital	2,457,322	2,499,000
Total Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Total Liabilities, Redeemable Operating Partnership Units and Capital	$ 6,024,368	$ 6,063,376

HPI - Consolidated Balance Sh_2

HPI - Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Assets:
Deferred leasing costs, accumulated amortization	$ 173,926	$ 163,751
Prepaid expenses and other assets, accumulated depreciation	$ 23,008	$ 21,660
Equity:
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%	8.625%
Series A Preferred Stock, liquidation preference (in dollars per share)	$ 1,000	$ 1,000
Series A Preferred Stock, shares issued (in shares)	28,811	28,821
Series A Preferred Stock, shares outstanding (in shares)	28,811	28,821
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)	105,693,261	105,210,858
Common Stock, shares outstanding (in shares)	105,693,261	105,210,858

HRLP - Consolidated Balance She

HRLP - Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Real estate assets, at cost:
Land	$ 542,418	$ 548,720
Buildings and tenant improvements	5,970,163	5,909,754
Development in-process	6,203	46,735
Land held for development	227,817	231,218
Total real estate assets	6,746,601	6,736,427
Less-accumulated depreciation	(1,711,023)	(1,609,502)
Net real estate assets	5,035,578	5,126,925
Real estate and other assets, net, held for sale	4,706	0
Cash and cash equivalents	16,901	21,357
Restricted cash	3,809	4,748
Accounts receivable	25,583	25,481
Mortgages and notes receivable	9,783	1,051
Accrued straight-line rents receivable	308,277	293,674
Investments in and advances to unconsolidated affiliates	314,475	269,221
Deferred leasing costs, net of accumulated amortization of $173,926 and $163,751, respectively	233,079	252,828
Prepaid expenses and other assets, net of accumulated depreciation of $23,008 and $21,660, respectively	72,177	68,091
Total Assets	6,024,368	6,063,376
Liabilities, Redeemable Operating Partnership Units and Capital:
Mortgages and notes payable, net	3,212,185	3,197,215
Accounts payable, accrued expenses and other liabilities	310,409	301,184
Total Liabilities	3,522,594	3,498,399
Commitments and contingencies
Capital:
Accumulated other comprehensive loss	(1,434)	(1,211)
Noncontrolling interests in consolidated affiliates	4,466	22,235
Total Equity/Capital	2,457,322	2,499,000
Total Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Total Liabilities, Redeemable Operating Partnership Units and Capital	6,024,368	6,063,376
Highwoods Realty Limited Partnership
Real estate assets, at cost:
Land	542,418	548,720
Buildings and tenant improvements	5,970,163	5,909,754
Development in-process	6,203	46,735
Land held for development	227,817	231,218
Total real estate assets	6,746,601	6,736,427
Less-accumulated depreciation	(1,711,023)	(1,609,502)
Net real estate assets	5,035,578	5,126,925
Real estate and other assets, net, held for sale	4,706	0
Cash and cash equivalents	16,901	21,357
Restricted cash	3,809	4,748
Accounts receivable	25,583	25,481
Mortgages and notes receivable	9,783	1,051
Accrued straight-line rents receivable	308,277	293,674
Investments in and advances to unconsolidated affiliates	314,475	269,221
Deferred leasing costs, net of accumulated amortization of $173,926 and $163,751, respectively	233,079	252,828
Prepaid expenses and other assets, net of accumulated depreciation of $23,008 and $21,660, respectively	72,177	68,091
Total Assets	6,024,368	6,063,376
Liabilities, Redeemable Operating Partnership Units and Capital:
Mortgages and notes payable, net	3,212,185	3,197,215
Accounts payable, accrued expenses and other liabilities	310,409	301,184
Total Liabilities	3,522,594	3,498,399
Commitments and contingencies
Redeemable Operating Partnership Units:
Common Units, 2,156,808 and 2,358,009 outstanding, respectively	44,452	65,977
Series A Preferred Units (liquidation preference $1,000 per unit), 28,811 and 28,821 units issued and outstanding, respectively	28,811	28,821
Total Redeemable Operating Partnership Units	73,263	94,798
Capital:
General partner Common Units, 1,074,413 and 1,071,601 outstanding, respectively	24,255	24,492
Limited partner Common Units, 104,210,039 and 103,730,448 outstanding, respectively	2,401,224	2,424,663
Accumulated other comprehensive loss	(1,434)	(1,211)
Noncontrolling interests in consolidated affiliates	4,466	22,235
Total Equity/Capital	2,428,511	2,470,179
Total Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Total Liabilities, Redeemable Operating Partnership Units and Capital	$ 6,024,368	$ 6,063,376

HRLP - Consolidated Balance S_2

HRLP - Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Assets:
Deferred leasing costs, accumulated amortization	$ 173,926	$ 163,751
Prepaid expenses and other assets, accumulated depreciation	23,008	21,660
Highwoods Realty Limited Partnership
Assets:
Deferred leasing costs, accumulated amortization	173,926	163,751
Prepaid expenses and other assets, accumulated depreciation	$ 23,008	$ 21,660
Redeemable Operating Partnership Units: [Abstract]
Redeemable Common Units outstanding (in shares)	2,156,808	2,358,009
Series A Preferred Units, liquidation preference (in dollars per share)	$ 1,000	$ 1,000
Series A Preferred Units, issued (in shares)	28,811	28,821
Series A Preferred Units, outstanding (in shares)	28,811	28,821
Common Units: [Abstract]
General partners' capital account, units outstanding (in shares)	1,074,413	1,071,601
Limited partners' capital account, units outstanding (in shares)	104,210,039	103,730,448

HPI - Consolidated Statements o

HPI - Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Income Statement [Abstract]
Rental and other revenues	$ 207,095	$ 206,997	$ 627,138	$ 617,216
Operating expenses:
Rental property and other expenses	67,193	66,334	199,231	190,125
Depreciation and amortization	74,765	73,057	220,416	212,466
Impairments of real estate assets	0	1,515	0	36,515
General and administrative	8,873	9,586	30,668	32,733
Total operating expenses	150,831	150,492	450,315	471,839
Interest expense	34,247	26,392	101,408	75,812
Other income	754	138	3,082	621
Gains on disposition of property	0	9,402	19,818	63,546
Gain on deconsolidation of affiliate	0	0	11,778	0
Equity in earnings of unconsolidated affiliates	400	457	1,902	1,083
Net income	23,171	40,110	111,995	134,815
Net (income) attributable to noncontrolling interests in the Operating Partnership	(453)	(881)	(2,386)	(3,049)
Net (income)/loss attributable to noncontrolling interests in consolidated affiliates	5	(357)	488	(880)
Dividends on Preferred Stock	(622)	(621)	(1,864)	(1,864)
Net income available for common stockholders	$ 22,101	$ 38,251	$ 108,233	$ 129,022
Earnings per Common Share – basic:
Net income available for common stockholders (in dollars per share)	$ 0.21	$ 0.36	$ 1.03	$ 1.23
Weighted average Common Shares outstanding - basic (in shares)	105,671	105,184	105,473	105,094
Earnings per Common Share - diluted:
Net income available for common stockholders (in dollars per share)	$ 0.21	$ 0.36	$ 1.03	$ 1.23
Weighted average Common Shares outstanding - diluted (in shares)	107,832	107,601	107,762	107,570

HRLP - Consolidated Statements

HRLP - Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Rental and other revenues	$ 207,095	$ 206,997	$ 627,138	$ 617,216
Operating expenses:
Rental property and other expenses	67,193	66,334	199,231	190,125
Depreciation and amortization	74,765	73,057	220,416	212,466
Impairments of real estate assets	0	1,515	0	36,515
General and administrative	8,873	9,586	30,668	32,733
Total operating expenses	150,831	150,492	450,315	471,839
Interest expense	34,247	26,392	101,408	75,812
Other income	754	138	3,082	621
Gains on disposition of property	0	9,402	19,818	63,546
Gain on deconsolidation of affiliate	0	0	11,778	0
Equity in earnings of unconsolidated affiliates	400	457	1,902	1,083
Net income	23,171	40,110	111,995	134,815
Net (income)/loss attributable to noncontrolling interests in consolidated affiliates	5	(357)	488	(880)
Highwoods Realty Limited Partnership
Rental and other revenues	207,095	206,997	627,138	617,216
Operating expenses:
Rental property and other expenses	67,193	66,334	199,231	190,125
Depreciation and amortization	74,765	73,057	220,416	212,466
Impairments of real estate assets	0	1,515	0	36,515
General and administrative	8,873	9,586	30,668	32,733
Total operating expenses	150,831	150,492	450,315	471,839
Interest expense	34,247	26,392	101,408	75,812
Other income	754	138	3,082	621
Gains on disposition of property	0	9,402	19,818	63,546
Gain on deconsolidation of affiliate	0	0	11,778	0
Equity in earnings of unconsolidated affiliates	400	457	1,902	1,083
Net income	23,171	40,110	111,995	134,815
Net (income)/loss attributable to noncontrolling interests in consolidated affiliates	5	(357)	488	(880)
Distributions on Preferred Units	(622)	(621)	(1,864)	(1,864)
Net income available for common unitholders	$ 22,554	$ 39,132	$ 110,619	$ 132,071
Earnings per Common Unit - basic:
Net income available for common unitholders (in dollars per share)	$ 0.21	$ 0.37	$ 1.03	$ 1.23
Weighted average Common Units outstanding - basic (in shares)	107,423	107,192	107,353	107,154
Earnings per Common Unit - diluted:
Net income available for common unitholders (in dollars per share)	$ 0.21	$ 0.37	$ 1.03	$ 1.23
Weighted average Common Units outstanding - diluted (in shares)	107,423	107,192	107,353	107,161

HPI - Consolidated Statements_2

HPI - Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Comprehensive income:
Net income	$ 23,171	$ 40,110	$ 111,995	$ 134,815
Other comprehensive loss:
Amortization of cash flow hedges	(74)	(75)	(223)	(164)
Total other comprehensive loss	(74)	(75)	(223)	(164)
Total comprehensive income	23,097	40,035	111,772	134,651
Less-comprehensive (income) attributable to noncontrolling interests	(448)	(1,238)	(1,898)	(3,929)
Comprehensive income attributable to common stockholders/Comprehensive income attributable to common unitholders	$ 22,649	$ 38,797	$ 109,874	$ 130,722

HRLP - Consolidated Statement_2

HRLP - Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Comprehensive income:
Net income	$ 23,171	$ 40,110	$ 111,995	$ 134,815
Other comprehensive loss:
Amortization of cash flow hedges	(74)	(75)	(223)	(164)
Other comprehensive loss	(74)	(75)	(223)	(164)
Total comprehensive income	23,097	40,035	111,772	134,651
Net (income)/loss attributable to noncontrolling interests in consolidated affiliates	(448)	(1,238)	(1,898)	(3,929)
Comprehensive income attributable to common stockholders/Comprehensive income attributable to common unitholders	22,649	38,797	109,874	130,722
Highwoods Realty Limited Partnership
Comprehensive income:
Net income	23,171	40,110	111,995	134,815
Other comprehensive loss:
Amortization of cash flow hedges	(74)	(75)	(223)	(164)
Other comprehensive loss	(74)	(75)	(223)	(164)
Total comprehensive income	23,097	40,035	111,772	134,651
Net (income)/loss attributable to noncontrolling interests in consolidated affiliates	5	(357)	488	(880)
Comprehensive income attributable to common stockholders/Comprehensive income attributable to common unitholders	$ 23,102	$ 39,678	$ 112,260	$ 133,771

HPI - Consolidated Statements_3

HPI - Consolidated Statements of Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Series A Cumulative Redeemable Preferred Shares [Member]	Additional Paid-in Capital [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Noncontrolling Interests in Consolidated Affiliates [Member]	Distributions in Excess of Net Income Available for Common Stockholders [Member]
Balance (in shares) at Dec. 31, 2021		104,892,780
Balance at Dec. 31, 2021	$ 2,499,558	$ 1,049	$ 28,821	$ 3,027,861	$ (973)	$ 22,416	$ (579,616)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuances of Common Stock, net of issuance costs and tax withholdings - shares		92,941
Issuances of Common Stock, net of issuance costs and tax withholdings	4,797	$ 1		4,796
Conversions of Common Units to Common Stock - Shares		30,909
Conversions of Common Units to Common Stock	1,251			1,251
Dividends on Common Stock	(157,587)						(157,587)
Dividends on Preferred Stock	(1,864)						(1,864)
Adjustment of noncontrolling interests in the Operating Partnership to fair value	42,480			42,480
Distributions to noncontrolling interests in consolidated affiliates	(1,411)					(1,411)
Issuances of restricted stock - shares		181,807
Issuances of restricted stock	0
Share-based compensation expense, net of forfeitures - shares		(779)
Share-based compensation expense, net of forfeitures	6,843	$ 2		6,841
Net (income) attributable to noncontrolling interests in the Operating Partnership	(3,049)						(3,049)
Net (income)/loss attributable to noncontrolling interests in consolidated affiliates	0					880	(880)
Comprehensive income:
Net income	134,815						134,815
Other comprehensive loss	(164)				(164)
Total comprehensive income	134,651
Balance (in shares) at Sep. 30, 2022		105,197,658
Balance at Sep. 30, 2022	2,525,669	$ 1,052	28,821	3,083,229	(1,137)	21,885	(608,181)
Balance (in shares) at Jun. 30, 2022		105,184,854
Balance at Jun. 30, 2022	2,521,701	$ 1,052	28,821	3,065,208	(1,062)	21,528	(593,846)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuances of Common Stock, net of issuance costs and tax withholdings - shares		13,583
Issuances of Common Stock, net of issuance costs and tax withholdings	362			362
Dividends on Common Stock	(52,586)						(52,586)
Dividends on Preferred Stock	(621)						(621)
Adjustment of noncontrolling interests in the Operating Partnership to fair value	16,952			16,952
Share-based compensation expense, net of forfeitures - shares		(779)
Share-based compensation expense, net of forfeitures	707			707
Net (income) attributable to noncontrolling interests in the Operating Partnership	(881)						(881)
Net (income)/loss attributable to noncontrolling interests in consolidated affiliates	0					357	(357)
Comprehensive income:
Net income	40,110						40,110
Other comprehensive loss	(75)				(75)
Total comprehensive income	40,035
Balance (in shares) at Sep. 30, 2022		105,197,658
Balance at Sep. 30, 2022	$ 2,525,669	$ 1,052	28,821	3,083,229	(1,137)	21,885	(608,181)
Balance (in shares) at Dec. 31, 2022	105,210,858	105,210,858
Balance at Dec. 31, 2022	$ 2,499,000	$ 1,052	28,821	3,081,330	(1,211)	22,235	(633,227)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuances of Common Stock, net of issuance costs and tax withholdings - shares	0	10,010
Issuances of Common Stock, net of issuance costs and tax withholdings	$ (202)	$ 2		(204)
Conversions of Common Units to Common Stock - Shares		193,907
Conversions of Common Units to Common Stock	4,795			4,795
Dividends on Common Stock	(158,177)						(158,177)
Dividends on Preferred Stock	(1,864)						(1,864)
Adjustment of noncontrolling interests in the Operating Partnership to fair value	15,521			15,521
Issuances of restricted stock - shares		282,453
Issuances of restricted stock	0
Redemptions/repurchases of Preferred Stock	(10)		(10)
Share-based compensation expense, net of forfeitures - shares		(3,967)
Share-based compensation expense, net of forfeitures	6,154	$ 3		6,151
Net (income) attributable to noncontrolling interests in the Operating Partnership	(2,386)						(2,386)
Net (income)/loss attributable to noncontrolling interests in consolidated affiliates	0					(488)	488
Deconsolidation of affiliate	(17,281)					(17,281)
Comprehensive income:
Net income	111,995						111,995
Other comprehensive loss	(223)				(223)
Total comprehensive income	$ 111,772
Balance (in shares) at Sep. 30, 2023	105,693,261	105,693,261
Balance at Sep. 30, 2023	$ 2,457,322	$ 1,057	28,811	3,107,593	(1,434)	4,466	(683,171)
Balance (in shares) at Jun. 30, 2023		105,472,213
Balance at Jun. 30, 2023	$ 2,475,813	$ 1,055	28,811	3,095,272	(1,360)	4,471	(652,436)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuances of Common Stock, net of issuance costs and tax withholdings - shares	0	17,521
Issuances of Common Stock, net of issuance costs and tax withholdings	$ 361	$ 2		359
Conversions of Common Units to Common Stock - Shares		193,907
Conversions of Common Units to Common Stock	4,795			4,795
Dividends on Common Stock	(52,836)						(52,836)
Dividends on Preferred Stock	(622)						(622)
Adjustment of noncontrolling interests in the Operating Partnership to fair value	6,334			6,334
Issuances of restricted stock - shares		9,620
Issuances of restricted stock	0
Share-based compensation expense, net of forfeitures - shares		0
Share-based compensation expense, net of forfeitures	833	$ 0		833
Net (income) attributable to noncontrolling interests in the Operating Partnership	(453)						(453)
Net (income)/loss attributable to noncontrolling interests in consolidated affiliates	0					(5)	5
Comprehensive income:
Net income	23,171						23,171
Other comprehensive loss	(74)				(74)
Total comprehensive income	$ 23,097
Balance (in shares) at Sep. 30, 2023	105,693,261	105,693,261
Balance at Sep. 30, 2023	$ 2,457,322	$ 1,057	$ 28,811	$ 3,107,593	$ (1,434)	$ 4,466	$ (683,171)

HPI - Consolidated Statements_4

HPI - Consolidated Statements of Equity (Parentheticals) - Highwoods Properties, Inc. [Member] - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Dividends on Common Stock (per share)	$ 0.50	$ 0.50	$ 1.50	$ 1.50
Series A Cumulative Redeemable Preferred Shares [Member]
Dividends on Preferred Stock (per share)	$ 21.5625	$ 21.5625	$ 64.6875	$ 64.6875

HRLP - Consolidated Statement_3

HRLP - Consolidated Statements of Capital - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Increase (Decrease) in Partners' Capital [Roll Forward]
Balance	$ 2,475,813	$ 2,521,701	$ 2,499,000	$ 2,499,558
Share-based compensation expense, net of forfeitures	833	707	6,154	6,843
Distributions to noncontrolling interests in consolidated affiliates				(1,411)
Net (income)/loss attributable to noncontrolling interests in consolidated affiliates	0	0	0	0
Deconsolidation of affiliate			(17,281)
Comprehensive income:
Net income	23,171	40,110	111,995	134,815
Other comprehensive loss	(74)	(75)	(223)	(164)
Total comprehensive income	23,097	40,035	111,772	134,651
Balance	2,457,322	2,525,669	2,457,322	2,525,669
Highwoods Realty Limited Partnership
Increase (Decrease) in Partners' Capital [Roll Forward]
Balance	2,447,002	2,492,880	2,470,179	2,470,737
Issuances of Common Units, net of issuance costs and tax withholdings	361	362	(202)	4,797
Redemption of Common Units		(3,101)	(163)	(3,101)
Distributions on Common Units	(53,709)	(53,573)	(160,995)	(160,660)
Distributions on Preferred Units	(622)	(621)	(1,864)	(1,864)
Share-based compensation expense, net of forfeitures	833	707	6,154	6,843
Distributions to noncontrolling interests in consolidated affiliates				(1,411)
Adjustment of Redeemable Common Units to fair value and contributions/distributions from/to the General Partner	11,549	20,159	20,911	46,856
Net (income)/loss attributable to noncontrolling interests in consolidated affiliates	0	0	0	0
Deconsolidation of affiliate			(17,281)
Comprehensive income:
Net income	23,171	40,110	111,995	134,815
Other comprehensive loss	(74)	(75)	(223)	(164)
Total comprehensive income	23,097	40,035	111,772	134,651
Balance	2,428,511	2,496,848	2,428,511	2,496,848
General Partners' Common Units [Member] | Highwoods Realty Limited Partnership
Increase (Decrease) in Partners' Capital [Roll Forward]
Balance	24,439	24,723	24,492	24,492
Issuances of Common Units, net of issuance costs and tax withholdings	4	4	(2)	48
Redemption of Common Units		(31)	(2)	(31)
Distributions on Common Units	(537)	(536)	(1,610)	(1,607)
Distributions on Preferred Units	(7)	(7)	(19)	(19)
Share-based compensation expense, net of forfeitures	9	7	62	68
Adjustment of Redeemable Common Units to fair value and contributions/distributions from/to the General Partner	115	202	209	469
Net (income)/loss attributable to noncontrolling interests in consolidated affiliates	0	(4)	5	(9)
Comprehensive income:
Net income	232	401	1,120	1,348
Balance	24,255	24,759	24,255	24,759
Limited Partners' Common Units [Member] | Highwoods Realty Limited Partnership
Increase (Decrease) in Partners' Capital [Roll Forward]
Balance	2,419,452	2,447,691	2,424,663	2,424,802
Issuances of Common Units, net of issuance costs and tax withholdings	357	358	(200)	4,749
Redemption of Common Units		(3,070)	(161)	(3,070)
Distributions on Common Units	(53,172)	(53,037)	(159,385)	(159,053)
Distributions on Preferred Units	(615)	(614)	(1,845)	(1,845)
Share-based compensation expense, net of forfeitures	824	700	6,092	6,775
Adjustment of Redeemable Common Units to fair value and contributions/distributions from/to the General Partner	11,434	19,957	20,702	46,387
Net (income)/loss attributable to noncontrolling interests in consolidated affiliates	5	(353)	483	(871)
Comprehensive income:
Net income	22,939	39,709	110,875	133,467
Balance	2,401,224	2,451,341	2,401,224	2,451,341
Accumulated Other Comprehensive Income (Loss) [Member] | Highwoods Realty Limited Partnership
Increase (Decrease) in Partners' Capital [Roll Forward]
Balance	(1,360)	(1,062)	(1,211)	(973)
Comprehensive income:
Other comprehensive loss	(74)	(75)	(223)	(164)
Balance	(1,434)	(1,137)	(1,434)	(1,137)
Noncontrolling Interests in Consolidated Affiliates [Member] | Highwoods Realty Limited Partnership
Increase (Decrease) in Partners' Capital [Roll Forward]
Balance	4,471	21,528	22,235	22,416
Distributions to noncontrolling interests in consolidated affiliates				(1,411)
Net (income)/loss attributable to noncontrolling interests in consolidated affiliates	(5)	357	(488)	880
Deconsolidation of affiliate			(17,281)
Comprehensive income:
Balance	$ 4,466	$ 21,885	$ 4,466	$ 21,885

HRLP - Consolidated Statement_4

HRLP - Consolidated Statements of Capital (Parentheticals) - Highwoods Realty Limited Partnership - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Distributions on Common Units (per unit)	$ 0.50	$ 0.50	$ 1.50	$ 1.50
Series A Cumulative Redeemable Preferred Shares [Member]
Distributions on Preferred Units (per unit)	$ 21.5625	$ 21.5625	$ 64.6875	$ 64.688

HPI - Consolidated Statements_5

HPI - Consolidated Statements of Cash Flows - USD ($) $ in Thousands		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022
Operating activities:
Net income		$ 111,995	$ 134,815
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		220,416	212,466
Amortization of lease incentives and acquisition-related intangible assets and liabilities		712	(342)
Share-based compensation expense		6,154	6,843
Net credit losses on operating lease receivables		1,850	3,167
Accrued interest on mortgages and notes receivable		(750)	(67)
Amortization of debt issuance costs		3,645	3,096
Amortization of cash flow hedges		(223)	(164)
Amortization of mortgages and notes payable fair value adjustments		(257)	(60)
Impairments of real estate assets		0	36,515
Net gains on disposition of property		(19,818)	(63,546)
Gain on deconsolidation of controlling interest in affiliate		(11,778)	0
Equity in earnings of unconsolidated affiliates		(1,902)	(1,083)
Distributions of earnings from unconsolidated affiliates		1,153	606
Changes in operating assets and liabilities:
Accounts receivable		1,182	(11,454)
Prepaid expenses and other assets		(4,376)	(2,150)
Accrued straight-line rents receivable		(20,196)	(20,558)
Accounts payable, accrued expenses and other liabilities		(3,636)	21,795
Net cash provided by operating activities		284,171	319,879
Investing activities:
Investments in acquired real estate and related intangible assets, net of cash acquired		(18,544)	(224,934)
Investments in development in-process		(26,179)	(26,220)
Investments in tenant improvements and deferred leasing costs		(68,625)	(90,910)
Investments in building improvements		(55,155)	(45,289)
Net proceeds from disposition of real estate assets		51,538	130,038
Distributions of capital from unconsolidated affiliates		3,864	0
Investments in mortgages and notes receivable		(9,763)	(24)
Repayments of mortgages and notes receivable		200	215
Investments in and advances to unconsolidated affiliates		(100,052)	(81,693)
Repayments of preferred equity from unconsolidated affiliates		80,000	0
Changes in earnest money deposits		15,500	(3,000)
Changes in other investing activities		(3,751)	224
Net cash used in investing activities		(130,967)	(341,593)
Financing activities:
Dividends on Common Stock		(158,177)	(157,587)
Redemptions/repurchases of Preferred Stock		(10)	0
Redemptions of Common Units		(163)	(3,101)
Dividends on Preferred Stock		(1,864)	(1,864)
Distributions to noncontrolling interests in the Operating Partnership		(3,432)	(3,687)
Distributions to noncontrolling interests in consolidated affiliates		0	(1,411)
Proceeds from the issuance of Common Stock		1,349	7,200
Costs paid for the issuance of Common Stock		(226)	(247)
Repurchase of shares related to tax withholdings		(1,325)	(2,156)
Borrowings on revolving credit facility		219,000	275,000
Repayments of revolving credit facility		(400,000)	(235,000)
Borrowings on mortgages and notes payable		200,000	350,000
Repayments of mortgages and notes payable		(5,018)	(204,807)
Payments for debt issuance costs and other financing activities		(2,347)	(2,731)
Net cash provided by/(used in) financing activities		(152,213)	19,609
Net increase/(decrease) in cash and cash equivalents and restricted cash		991	(2,105)
Cash from deconsolidation of controlling interest in affiliate		(6,386)	0
Cash and cash equivalents and restricted cash at beginning of the period		26,105	31,198
Cash and cash equivalents and restricted cash at end of the period		20,710	29,093
Reconciliation of cash and cash equivalents and restricted cash:
Cash and cash equivalents at end of the period		16,901	23,055
Restricted cash at end of the period		3,809	6,038
Supplemental disclosure of cash flow information:
Cash paid for interest, net of amounts capitalized		105,342	82,908
Supplemental disclosure of non-cash investing and financing activities:
Conversions of Common Units to Common Stock		4,795	1,251
Changes in accrued capital expenditures	[1]	17,275	(10,180)
Write-off of fully depreciated real estate assets		54,489	42,817
Write-off of fully amortized leasing costs		25,605	22,739
Write-off of fully amortized debt issuance costs		0	1,216
Adjustment of noncontrolling interests in the Operating Partnership to fair value		(15,521)	(42,480)
Accrued capital expenditures included in accounts payable, accrued expenses and other liabilities		$ 70,700	$ 44,400
[1]Accrued capital expenditures included in accounts payable, accrued expenses and other liabilities as of September 30, 2023 and 2022 were $70.7 million and $44.4 million, respectively.

HRLP - Consolidated Statement_5

HRLP - Consolidated Statements of Cash Flows - USD ($) $ in Thousands		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022
Operating activities:
Net income		$ 111,995	$ 134,815
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		220,416	212,466
Amortization of lease incentives and acquisition-related intangible assets and liabilities		712	(342)
Share-based compensation expense		6,154	6,843
Net credit losses on operating lease receivables		1,850	3,167
Accrued interest on mortgages and notes receivable		(750)	(67)
Amortization of debt issuance costs		3,645	3,096
Amortization of cash flow hedges		(223)	(164)
Amortization of mortgages and notes payable fair value adjustments		(257)	(60)
Impairments of real estate assets		0	36,515
Net gains on disposition of property		(19,818)	(63,546)
Gain on deconsolidation of controlling interest in affiliate		(11,778)	0
Equity in earnings of unconsolidated affiliates		(1,902)	(1,083)
Distributions of earnings from unconsolidated affiliates		1,153	606
Changes in operating assets and liabilities:
Accounts receivable		1,182	(11,454)
Prepaid expenses and other assets		(4,376)	(2,150)
Accrued straight-line rents receivable		(20,196)	(20,558)
Accounts payable, accrued expenses and other liabilities		(3,636)	21,795
Net cash provided by operating activities		284,171	319,879
Investing activities:
Investments in acquired real estate and related intangible assets, net of cash acquired		(18,544)	(224,934)
Investments in development in-process		(26,179)	(26,220)
Investments in tenant improvements and deferred leasing costs		(68,625)	(90,910)
Investments in building improvements		(55,155)	(45,289)
Net proceeds from disposition of real estate assets		51,538	130,038
Distributions of capital from unconsolidated affiliates		3,864	0
Investments in mortgages and notes receivable		(9,763)	(24)
Repayments of mortgages and notes receivable		200	215
Investments in and advances to unconsolidated affiliates		(100,052)	(81,693)
Repayments of preferred equity from unconsolidated affiliates		80,000	0
Changes in earnest money deposits		15,500	(3,000)
Changes in other investing activities		(3,751)	224
Net cash used in investing activities		(130,967)	(341,593)
Financing activities:
Redemptions of Common Units		(163)	(3,101)
Distributions to noncontrolling interests in consolidated affiliates		0	(1,411)
Borrowings on revolving credit facility		219,000	275,000
Repayments of revolving credit facility		(400,000)	(235,000)
Borrowings on mortgages and notes payable		200,000	350,000
Repayments of mortgages and notes payable		(5,018)	(204,807)
Payments for debt issuance costs and other financing activities		(2,347)	(2,731)
Net cash provided by/(used in) financing activities		(152,213)	19,609
Net increase/(decrease) in cash and cash equivalents and restricted cash		991	(2,105)
Cash from deconsolidation of controlling interest in affiliate		(6,386)	0
Cash and cash equivalents and restricted cash at beginning of the period		26,105	31,198
Cash and cash equivalents and restricted cash at end of the period		20,710	29,093
Reconciliation of cash and cash equivalents and restricted cash:
Cash and cash equivalents at end of the period		16,901	23,055
Restricted cash at end of the period		3,809	6,038
Supplemental disclosure of cash flow information:
Cash paid for interest, net of amounts capitalized		105,342	82,908
Supplemental disclosure of non-cash investing and financing activities:
Changes in accrued capital expenditures	[1]	17,275	(10,180)
Write-off of fully depreciated real estate assets		54,489	42,817
Write-off of fully amortized leasing costs		25,605	22,739
Write-off of fully amortized debt issuance costs		0	1,216
Accrued capital expenditures included in accounts payable, accrued expenses and other liabilities		70,700	44,400
Highwoods Realty Limited Partnership
Operating activities:
Net income		111,995	134,815
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		220,416	212,466
Amortization of lease incentives and acquisition-related intangible assets and liabilities		712	(342)
Share-based compensation expense		6,154	6,843
Net credit losses on operating lease receivables		1,850	3,167
Accrued interest on mortgages and notes receivable		(750)	(67)
Amortization of debt issuance costs		3,645	3,096
Amortization of cash flow hedges		(223)	(164)
Amortization of mortgages and notes payable fair value adjustments		(257)	(60)
Impairments of real estate assets		0	36,515
Net gains on disposition of property		(19,818)	(63,546)
Gain on deconsolidation of controlling interest in affiliate		(11,778)	0
Equity in earnings of unconsolidated affiliates		(1,902)	(1,083)
Distributions of earnings from unconsolidated affiliates		1,153	606
Changes in operating assets and liabilities:
Accounts receivable		1,182	(11,454)
Prepaid expenses and other assets		(4,376)	(2,150)
Accrued straight-line rents receivable		(20,196)	(20,558)
Accounts payable, accrued expenses and other liabilities		(3,636)	21,795
Net cash provided by operating activities		284,171	319,879
Investing activities:
Investments in acquired real estate and related intangible assets, net of cash acquired		(18,544)	(224,934)
Investments in development in-process		(26,179)	(26,220)
Investments in tenant improvements and deferred leasing costs		(68,625)	(90,910)
Investments in building improvements		(55,155)	(45,289)
Net proceeds from disposition of real estate assets		51,538	130,038
Distributions of capital from unconsolidated affiliates		3,864	0
Investments in mortgages and notes receivable		(9,763)	(24)
Repayments of mortgages and notes receivable		200	215
Investments in and advances to unconsolidated affiliates		(100,052)	(81,693)
Repayments of preferred equity from unconsolidated affiliates		80,000	0
Changes in earnest money deposits		15,500	(3,000)
Changes in other investing activities		(3,751)	224
Net cash used in investing activities		(130,967)	(341,593)
Financing activities:
Distributions on Common Units		(160,995)	(160,660)
Redemptions/repurchases of Preferred Units		(10)	0
Redemptions of Common Units		(163)	(3,101)
Dividends on Preferred Units		(1,864)	(1,864)
Distributions to noncontrolling interests in consolidated affiliates		0	(1,411)
Proceeds from the issuance of Common Units		1,349	7,200
Costs paid for the issuance of Common Units		(226)	(247)
Repurchase of units related to tax withholdings		(1,325)	(2,156)
Borrowings on revolving credit facility		219,000	275,000
Repayments of revolving credit facility		(400,000)	(235,000)
Borrowings on mortgages and notes payable		200,000	350,000
Repayments of mortgages and notes payable		(5,018)	(204,807)
Payments for debt issuance costs and other financing activities		(2,961)	(3,345)
Net cash provided by/(used in) financing activities		(152,213)	19,609
Net increase/(decrease) in cash and cash equivalents and restricted cash		991	(2,105)
Cash from deconsolidation of controlling interest in affiliate		(6,386)	0
Cash and cash equivalents and restricted cash at beginning of the period		26,105	31,198
Cash and cash equivalents and restricted cash at end of the period		20,710	29,093
Reconciliation of cash and cash equivalents and restricted cash:
Cash and cash equivalents at end of the period		16,901	23,055
Restricted cash at end of the period		3,809	6,038
Supplemental disclosure of cash flow information:
Cash paid for interest, net of amounts capitalized		105,342	82,908
Supplemental disclosure of non-cash investing and financing activities:
Changes in accrued capital expenditures	[1]	17,275	(10,180)
Write-off of fully depreciated real estate assets		54,489	42,817
Write-off of fully amortized leasing costs		25,605	22,739
Write-off of fully amortized debt issuance costs		0	1,216
Adjustment of Redeemable Common Units to fair value		(21,525)	(47,470)
Accrued capital expenditures included in accounts payable, accrued expenses and other liabilities		$ 70,700	$ 44,400
[1]Accrued capital expenditures included in accounts payable, accrued expenses and other liabilities as of September 30, 2023 and 2022 were $70.7 million and $44.4 million, respectively.

Description of Business and Sig

Description of Business and Significant Accounting Policies	9 Months Ended
	Sep. 30, 2023
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 office real estate investment trust (“REIT”) that owns, develops, acquires, leases and manages properties primarily in the best business districts of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa. The Company conducts its activities through Highwoods Realty Limited Partnership (the “Operating Partnership”). As of September 30, 2023, we owned or had an interest in 28.5 million rentable square feet of in-service properties, 1.6 million rentable square feet of office properties under development and development land with approximately 5.2 million rentable square feet of potential office build out. Capital Structure The Company is the sole general partner of the Operating Partnership. As of September 30, 2023, the Company owned all of the Preferred Units and 105.3 million, or 98.0%, of the Common Units in the Operating Partnership. Limited partners owned the remaining 2.2 million Common Units. During the nine months ended September 30, 2023, the Company redeemed 193,907 Common Units for a like number of shares of Common Stock and 7,294 Common Units for cash. As a result of this activity, the percentage of Common Units owned by the Company increased from 97.8% as of December 31, 2022 to 98.0% as of September 30, 2023. During the first quarter of 2023, 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 each of the three and nine months ended September 30, 2023, the Company issued no shares of Common Stock under its equity distribution agreements. 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. In addition, we consolidate those entities deemed to be variable interest entities in which we are determined to be the primary beneficiary. As of September 30, 2023, we are involved with six entities we determined to be variable interest entities, one of which we are the primary beneficiary and is consolidated and five of which we are not the primary beneficiary and are not consolidated. We also own three properties through a joint venture investment that were deconsolidated effective January 1, 2023 (see Note 3). All intercompany transactions and accounts have been eliminated. In the opinion of management, the unaudited interim Consolidated Financial Statements and accompanying unaudited consolidated financial information 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 2022 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. To limit our exposure to significant claims, we have stop-loss coverage on a per claim and annual aggregate basis. We use all relevant information to determine our liabilities for claims, including actuarial estimates of claim liabilities. When determining our liabilities, we include claims for incurred losses, even if they are unreported. As of September 30, 2023, a reserve of $0.6 million was recorded to cover estimated reported and unreported claims. Recently Issued Accounting Standards The Financial Accounting Standards Board (“FASB”) issued an accounting standards update (“ASU”) that provides temporary optional expedients and exceptions 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”). These optional expedients and exceptions provide guidance on contract modifications and hedge accounting. We have completed the transition to SOFR rates for our outstanding debt instruments with no material impact to our Consolidated Financial Statements.

Leases

Leases	9 Months Ended
	Sep. 30, 2023
Leases [Abstract]
Leases	Leases Operating Leases We 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

Investments in and Advances to

Investments in and Advances to Affiliates	9 Months Ended
	Sep. 30, 2023
Equity Method Investments and Joint Ventures [Abstract]
Investments in and Advances to Affiliates	Investments in and Advances to Affiliates Unconsolidated Affiliates - Highwoods-Markel Associates, LLC (“Markel”) Markel is a joint venture in which we own a 50.0% interest that was consolidated as of December 31, 2022 because we controlled the major operating and financial policies of the entity. Effective January 1, 2023, the agreement governing the joint venture was modified to require the consent of both partners for major operating and financial policies of the entity. As a result, Markel was deconsolidated effective January 1, 2023, and this joint venture is now accounted for using the equity method of accounting. We recognized a gain on deconsolidation of $11.8 million related to adjusting our retained interest in the joint venture to fair value. The assets of Markel can be used only to settle obligations of the joint venture, and its creditors have no recourse to our wholly owned assets. - Granite Park Six JV, LLC/ GPI 23 Springs JV, LLC (“Granite Park Six joint venture”/“23Springs joint venture”) During 2022, we entered the Dallas market through the formation of two joint ventures with Granite Properties (“Granite”) to develop Granite Park Six and 23Springs. We own a 50.0% interest in each of these two joint ventures. We determined that we have a variable interest in both the Granite Park Six and 23Springs joint ventures primarily because the entities were designed to pass along interest rate risk, equity price risk and operation risk to us and Granite as equity holders. The joint ventures were further determined to be variable interest entities as they require additional subordinated financial support in the form of loans because the initial equity investments provided by us and Granite were not sufficient to finance the planned investments and operations. We concluded we do not have the power to direct matters that most significantly impact the activities of either entity and therefore do not qualify as the primary beneficiary. Accordingly, the entities are not consolidated. As of September 30, 2023, our risk of loss with respect to these arrangements was limited to the carrying value of each investment balance. Our investment balances were $41.7 million and $63.6 million as of September 30, 2023 for Granite Park Six and 23Springs, respectively. The assets of the Granite Park Six and 23Springs joint ventures can be used only to settle obligations of the respective joint venture, and their creditors have no recourse to our wholly owned assets. - M+O JV, LLC (“McKinney & Olive joint venture”) During 2022, we expanded our Dallas market presence by acquiring McKinney & Olive through the formation of another joint venture with Granite. We own a 50.0% interest in this joint venture. Upon formation, we determined that we had a variable interest in the McKinney & Olive joint venture primarily because the entity was designed to pass along interest rate risk, equity price risk and operation risk to us and Granite as equity holders. The McKinney & Olive 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 investments by us and Granite, including the additional preferred equity provided by us, were not sufficient to finance its planned investments and operations. We concluded we do not have the power to direct matters that most significantly impact the activities of the entity and therefore do not qualify as the primary beneficiary. Accordingly, the entity is not consolidated. During the second quarter of 2023, we and Granite each contributed an additional $40.0 million of common equity to the McKinney & Olive joint venture. Such proceeds were then used by the joint venture to redeem our $80.0 million short-term preferred equity investment in full. The $40.0 million of net proceeds were used to repay amounts outstanding under our $750.0 million revolving credit facility. Prior to the redemption, the preferred equity received monthly distributions at a rate of SOFR plus 350 basis points. This reconsideration event did not change our initial conclusion that the McKinney & Olive joint venture is a variable interest entity of which we are not the primary beneficiary. As such, the entity remains unconsolidated. As of September 30, 2023, our risk of loss with respect to this arrangement was $121.4 million, which represents the carrying value of our investment balance. The assets of the McKinney & Olive joint venture can be used only to settle obligations of the joint venture, and its creditors have no recourse to our wholly owned assets. - Midtown East Tampa, LLC (“Midtown East joint venture”) During 2022, we formed the Midtown East joint venture in Tampa with The Bromley Companies (“Bromley”). We own a 50.0% interest in this joint venture. We determined that we have a variable interest in the Midtown East 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 equity holder and Bromley as an equity holder. The Midtown East 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 investments provided by us and Bromley were not sufficient to finance its planned investments and operations. We concluded we do not have the power to direct matters that most significantly impact the activities of the entity and therefore do not qualify as the primary beneficiary. Accordingly, the entity is not consolidated. As of September 30, 2023, our risk of loss with respect to this arrangement was limited to the carrying value of our investment balance of $7.8 million as no amounts were outstanding under the loan we have provided to the joint venture. The assets of the Midtown East joint venture can be used only to settle obligations of the joint venture, and its creditors have no recourse to our wholly owned assets. - Brand/HRLP 2827 Peachtree LLC (“2827 Peachtree joint venture”) During 2021, we formed the 2827 Peachtree joint venture in Atlanta with Brand Properties, LLC (“Brand”). We own a 50.0% interest in this joint venture. We determined that we have a variable interest in the 2827 Peachtree 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 equity holder and Brand as an equity holder. The 2827 Peachtree 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 investments provided by us and Brand were not sufficient to finance its planned investments and operations. We concluded we do not have the power to direct matters that most significantly impact the activities of the entity and therefore do not qualify as the primary beneficiary. Accordingly, the entity is not consolidated. As of September 30, 2023, our risk of loss with respect to this arrangement was $49.1 million, which consists of the $13.6 million carrying value of our investment balance plus the $35.5 million outstanding balance of the loan we have provided to the joint venture. The outstanding balance on the loan is recorded in investments in and advances to unconsolidated affiliates on our Consolidated Balance Sheets. The assets of the 2827 Peachtree joint venture can be used only to settle obligations of the joint venture, and its creditors have no recourse to our wholly owned assets. Consolidated Affiliate - HRLP MTW, LLC (“Midtown West joint venture”) In 2019, we formed the Midtown West joint venture in Tampa with Bromley. We own an 80.0% interest in this joint venture. We determined that we have a variable interest in the Midtown West 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 Bromley as an equity holder. The Midtown West 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 investments provided by us and Bromley were 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 West joint venture is consolidated and all intercompany transactions and accounts are eliminated. The following table sets forth the assets and liabilities of the Midtown West joint venture included on our Consolidated Balance Sheets: September 30, December 31, Net real estate assets $ 60,588 $ 59,854 Cash and cash equivalents $ 1,375 $ 1,009 Accounts receivable $ 420 $ 1,490 Accrued straight-line rents receivable $ 4,666 $ 1,921 Deferred leasing costs, net $ 2,826 $ 2,677 Prepaid expenses and other assets, net $ 1,036 $ 153 Accounts payable, accrued expenses and other liabilities $ 2,756 $ 1,212

Real Estate Assets

Real Estate Assets	9 Months Ended
	Sep. 30, 2023
Real Estate [Abstract]
Real Estate Assets	Real Estate Assets Acquisitions During 2021, we acquired development land in Nashville for a purchase price, including capitalized acq uisition costs, of $16.0 million, which was fully paid in or prior to t he second quarter of 2023. During the second quarter of 2023, we acquired land in Raleigh for a purchase price, including capitalized acquisition costs, of $2.7 million. Dispositions During the second quarter of 2023, we sold three buildings in Tampa and Raleigh for an aggregate sales price of $51.3 million and recorded aggregate gains on disposition of property of $19.4 million.

Intangible Assets and Below Mar

Intangible Assets and Below Market Lease Liabilities	9 Months Ended
	Sep. 30, 2023
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: September 30, December 31, Assets: Deferred leasing costs (including lease incentives and above market lease and in-place lease acquisition-related intangible assets) $ 407,005 $ 416,579 Less accumulated amortization (173,926) (163,751) $ 233,079 $ 252,828 Liabilities (in accounts payable, accrued expenses and other liabilities): Acquisition-related below market lease liabilities $ 52,271 $ 55,304 Less accumulated amortization (30,620) (29,859) $ 21,651 $ 25,445 The following table sets forth amortization of intangible assets and below market lease liabilities: Three Months Ended Nine Months Ended 2023 2022 2023 2022 Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization) $ 10,696 $ 11,425 $ 32,409 $ 33,603 Amortization of lease incentives (in rental and other revenues) $ 655 $ 500 $ 1,983 $ 1,369 Amortization of acquisition-related intangible assets (in rental and other revenues) $ 823 $ 797 $ 2,523 $ 2,448 Amortization of acquisition-related below market lease liabilities (in rental and other revenues) $ (1,260) $ (1,473) $ (3,794) $ (4,159) 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) October 1 through December 31, 2023 $ 10,963 $ 609 $ 779 $ (1,225) 2024 38,910 1,984 3,088 (4,240) 2025 31,262 1,879 2,220 (2,727) 2026 26,969 1,677 1,860 (2,431) 2027 23,248 1,476 1,518 (2,062) Thereafter 74,830 4,209 5,598 (8,966) $ 206,182 $ 11,834 $ 15,063 $ (21,651) Weighted average remaining amortization periods as of September 30, 2023 (in years) 7.5 7.3 7.2 8.2

Mortgages and Notes Payable

Mortgages and Notes Payable	9 Months Ended
	Sep. 30, 2023
Debt Disclosure [Abstract]
Mortgages and Notes Payable	Mortgages and Notes Payable The following table sets forth our mortgages and notes payable: September 30, December 31, Secured indebtedness $ 677,839 $ 483,988 Unsecured indebtedness 2,549,495 2,729,620 Less-unamortized debt issuance costs (15,149) (16,393) Total mortgages and notes payable, net $ 3,212,185 $ 3,197,215 As of September 30, 2023, our secured mortgage loans were collateralized by real estate assets with an undepreciated book value of $1,170.7 million. Our $750.0 million unsecured revolving credit facility is scheduled to mature in March 2025 and includes an accordion feature that currently allows for an additional $200.0 million of borrowing capacity subject to additional lender commitments. Assuming no defaults have occurred, we have an option to extend the maturity for two additional six-month periods. The interest rate on our revolving credit facility is SOFR plus a related spread adjustment of 10 basis points and a borrowing spread of 85 basis points, based on current credit ratings. The annual facility fee is 20 basis points. The interest rate and facility fee are based on the higher of the publicly announced ratings from Moody’s Investors Service or Standard & Poor’s Ratings Services. We may be entitled to a temporary reduction in the interest rate of one basis point provided we meet certain sustainability goals with respect to the ongoing reduction of greenhouse gas emissions. There was $205.0 million outstanding under our revolving credit facility as of both September 30, 2023 and October 17, 2023. As of both September 30, 2023 and October 17, 2023, we had $0.9 million of outstanding letters of credit, which reduces the availability on our revolving credit facility. As a result, the unused capacity of our revolving credit facility as of both September 30, 2023 and October 17, 2023 was $544.1 million. During the first quarter of 2023, we obtained a $200.0 million, five-year secured mortgage loan from a third party lender, with an effective fixed interest rate of 5.69%. This loan is scheduled to mature in April 2028. We incurred $1.3 million of debt issuance costs, which will be amortized over the term of the loan. We are currently in compliance with financial covenants with respect to our consolidated debt. We have considered our short-term liquidity needs within one year from October 24, 2023 (the date of issuance of the quarterly financial statements) and the adequacy of our estimated cash flows from operating activities and other available financing sources to meet these needs. In particular, we have considered our scheduled debt maturities during such one-year period, including the $200.0 million unsecured bank term loan that is scheduled to mature in October 2024 (but which can be extended for one • 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.

Noncontrolling Interests

Noncontrolling Interests	9 Months Ended
	Sep. 30, 2023
Noncontrolling Interest [Abstract]
Noncontrolling Interests	Noncontrolling Interests Noncontrolling Interests in Consolidated Affiliates As of September 30, 2023, our noncontrolling interest in consolidated affiliates relates to our joint venture partner's 20.0% interest in the Midtown West joint venture. Our joint venture partner is an unrelated third party. Noncontrolling Interests in the Operating Partnership The following table sets forth the Company’s noncontrolling interests in the Operating Partnership: Three Months Ended Nine Months Ended 2023 2022 2023 2022 Beginning noncontrolling interests in the Operating Partnership $ 56,206 $ 84,583 $ 65,977 $ 111,689 Adjustment of noncontrolling interests in the Operating Partnership to fair value (6,334) (16,952) (15,521) (42,480) Conversions of Common Units to Common Stock (4,795) — (4,795) (1,251) Redemptions of Common Units — (3,101) (163) (3,101) Net income attributable to noncontrolling interests in the Operating Partnership 453 881 2,386 3,049 Distributions to noncontrolling interests in the Operating Partnership (1,078) (1,192) (3,432) (3,687) Total noncontrolling interests in the Operating Partnership $ 44,452 $ 64,219 $ 44,452 $ 64,219 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 Nine Months Ended 2023 2022 2023 2022 Net income available for common stockholders $ 22,101 $ 38,251 $ 108,233 $ 129,022 Increase in additional paid in capital from conversions of Common Units to Common Stock 4,795 — 4,795 1,251 Redemptions of Common Units — 3,101 163 3,101 Change from net income available for common stockholders and transfers from noncontrolling interests $ 26,896 $ 41,352 $ 113,191 $ 133,374

Disclosure About Fair Value of

Disclosure About Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2023
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 any 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 any 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 as of September 30, 2023: Assets: Mortgages and notes receivable, at fair value (1) $ 9,783 $ — $ 9,783 Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets) 2,056 2,056 — Total Assets $ 11,839 $ 2,056 $ 9,783 Noncontrolling Interests in the Operating Partnership $ 44,452 $ 44,452 $ — Liabilities: Mortgages and notes payable, net, at fair value (1) $ 2,794,265 $ — $ 2,794,265 Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities) 2,056 2,056 — Total Liabilities $ 2,796,321 $ 2,056 $ 2,794,265 Fair Value as of December 31, 2022: Assets: Mortgages and notes receivable, at fair value (1) $ 1,051 $ — $ 1,051 Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets) 2,564 2,564 — Total Assets $ 3,615 $ 2,564 $ 1,051 Noncontrolling Interests in the Operating Partnership $ 65,977 $ 65,977 $ — Liabilities: Mortgages and notes payable, net, at fair value (1) $ 2,832,973 $ — $ 2,832,973 Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities) 2,564 2,564 — Total Liabilities $ 2,835,537 $ 2,564 $ 2,832,973 __________ (1) Amounts are not recorded at fair value on our Consolidated Balance Sheets as of September 30, 2023 and December 31, 2022. As of January 1, 2023, there was a level 3 investment in Markel that was measured at a fair value of $57.1 million upon deconsolidation. The estimated fair value was calculated using a broker opinion of value, which incorporates an income approach, as observable inputs were not available. Key assumptions used in the fair value calculation for the operating buildings were an estimated discount rate of 10.8% and an estimated terminal capitalization rate of 8.8%. The estimated fair value of the surrounding land currently used for parking was calculated based on its multifamily development potential, which was determined to be the highest and best use of the land.

Share-Based Payments

Share-Based Payments	9 Months Ended
	Sep. 30, 2023
Share-Based Payment Arrangement [Abstract]
Share-Based Payments	Share-Based PaymentsDuring the nine months ended September 30, 2023, the Company granted 155,717 shares of time-based restricted stock and 126,736 shares of total return-based restricted stock with weighted average grant date fair values per share of $26.42 and $27.06, respectively. We recorded share-based compensation expense of $0.8 million and $0.7 million during the three months ended September 30, 2023 and 2022, respectively, and $6.2 million and $6.8 million during the nine months ended September 30, 2023 and 2022, respectively. As of September 30, 2023, there was $4.9 million of total unrecognized share-based compensation costs, which will be recognized over a weighted average remaining contractual term of 2.2 years.

Real Estate and Other Assets He

Real Estate and Other Assets Held For Sale	9 Months Ended
	Sep. 30, 2023
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 as of September 30, 2023 and December 31, 2022, which are considered non-core: September 30, December 31, Assets: Land $ 513 $ — Buildings and tenant improvements 846 — Land held for development 3,294 — Less-accumulated depreciation (131) — Net real estate assets 4,522 — Prepaid expenses and other assets, net 184 — Real estate and other assets, net, held for sale $ 4,706 $ —

Earnings Per Share and Per Unit

Earnings Per Share and Per Unit	9 Months Ended
	Sep. 30, 2023
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 Nine Months Ended 2023 2022 2023 2022 Earnings per Common Share - basic: Numerator: Net income $ 23,171 $ 40,110 $ 111,995 $ 134,815 Net (income) attributable to noncontrolling interests in the Operating Partnership (453) (881) (2,386) (3,049) Net (income)/loss attributable to noncontrolling interests in consolidated affiliates 5 (357) 488 (880) Dividends on Preferred Stock (622) (621) (1,864) (1,864) Net income available for common stockholders $ 22,101 $ 38,251 $ 108,233 $ 129,022 Denominator: Denominator for basic earnings per Common Share – weighted average shares (1) 105,671 105,184 105,473 105,094 Net income available for common stockholders $ 0.21 $ 0.36 $ 1.03 $ 1.23 Earnings per Common Share - diluted: Numerator: Net income $ 23,171 $ 40,110 $ 111,995 $ 134,815 Net (income)/loss attributable to noncontrolling interests in consolidated affiliates 5 (357) 488 (880) Dividends on Preferred Stock (622) (621) (1,864) (1,864) Net income available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership $ 22,554 $ 39,132 $ 110,619 $ 132,071 Denominator: Denominator for basic earnings per Common Share – weighted average shares (1) 105,671 105,184 105,473 105,094 Add: Stock options using the treasury method — — — 7 Noncontrolling interests Common Units 2,161 2,417 2,289 2,469 Denominator for diluted earnings per Common Share – adjusted weighted average shares and assumed conversions 107,832 107,601 107,762 107,570 Net income available for common stockholders $ 0.21 $ 0.36 $ 1.03 $ 1.23 __________ (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 Nine Months Ended 2023 2022 2023 2022 Earnings per Common Unit - basic: Numerator: Net income $ 23,171 $ 40,110 $ 111,995 $ 134,815 Net (income)/loss attributable to noncontrolling interests in consolidated affiliates 5 (357) 488 (880) Distributions on Preferred Units (622) (621) (1,864) (1,864) Net income available for common unitholders $ 22,554 $ 39,132 $ 110,619 $ 132,071 Denominator: Denominator for basic earnings per Common Unit – weighted average units (1) 107,423 107,192 107,353 107,154 Net income available for common unitholders $ 0.21 $ 0.37 $ 1.03 $ 1.23 Earnings per Common Unit - diluted: Numerator: Net income $ 23,171 $ 40,110 $ 111,995 $ 134,815 Net (income)/loss attributable to noncontrolling interests in consolidated affiliates 5 (357) 488 (880) Distributions on Preferred Units (622) (621) (1,864) (1,864) Net income available for common unitholders $ 22,554 $ 39,132 $ 110,619 $ 132,071 Denominator: Denominator for basic earnings per Common Unit – weighted average units (1) 107,423 107,192 107,353 107,154 Add: Stock options using the treasury method — — — 7 Denominator for diluted earnings per Common Unit – adjusted weighted average units and assumed conversions 107,423 107,192 107,353 107,161 Net income available for common unitholders $ 0.21 $ 0.37 $ 1.03 $ 1.23 __________ (1) Includes all unvested restricted stock where distributions on such restricted stock are non-forfeitable .

Segment Information

Segment Information	9 Months Ended
	Sep. 30, 2023
Segment Reporting [Abstract]
Segment Information	Segment Information The following tables summarize rental and other revenues and net operating income for our office properties. Net operating income is the primary industry property-level performance metric used by our chief operating decision maker and is defined as rental and other revenues less rental property and other expenses. Three Months Ended Nine Months Ended 2023 2022 2023 2022 Rental and Other Revenues: Atlanta $ 35,666 $ 35,804 $ 107,991 $ 106,805 Charlotte 21,079 18,825 63,452 52,643 Nashville 42,884 44,587 130,084 130,640 Orlando 14,356 13,634 43,300 40,298 Raleigh 45,354 45,220 136,933 137,051 Richmond 8,746 10,872 27,103 31,837 Tampa 25,000 23,590 75,344 71,169 Total Office Segment 193,085 192,532 584,207 570,443 Other 14,010 14,465 42,931 46,773 Total Rental and Other Revenues $ 207,095 $ 206,997 $ 627,138 $ 617,216 Net Operating Income: Atlanta $ 21,796 $ 22,524 $ 68,289 $ 69,472 Charlotte 16,388 14,275 47,719 40,132 Nashville 31,389 33,154 95,530 97,093 Orlando 8,734 7,865 26,358 24,264 Raleigh 32,523 32,822 99,799 101,557 Richmond 5,733 7,112 18,656 21,700 Tampa 15,574 14,351 47,614 44,912 Total Office Segment 132,137 132,103 403,965 399,130 Other 7,765 8,560 23,942 27,961 Total Net Operating Income 139,902 140,663 427,907 427,091 Reconciliation to net income: Depreciation and amortization (74,765) (73,057) (220,416) (212,466) Impairments of real estate assets — (1,515) — (36,515) General and administrative expenses (8,873) (9,586) (30,668) (32,733) Interest expense (34,247) (26,392) (101,408) (75,812) Other income 754 138 3,082 621 Gains on disposition of property — 9,402 19,818 63,546 Gain on deconsolidation of affiliate — — 11,778 — Equity in earnings of unconsolidated affiliates 400 457 1,902 1,083 Net income $ 23,171 $ 40,110 $ 111,995 $ 134,815

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2023
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events We own an 80.0% interest in the Midtown West joint venture, which is consolidated. On October 23, 2023, the joint venture obtained a $45.0 million, five-year secured mortgage loan from a third party lender, with an effective fixed rate of 7.29%. This loan is scheduled to mature in November 2028. The joint venture is expected to incur $0.8 million of debt issuance costs, which will be amortized over the term of the loan. On October 18, 2023, the Company declared a cash dividend of $0.50 per share of Common Stock, which is payable on December 12, 2023 to stockholders of record as of November 20, 2023.

Description of Business and S_2

Description of Business and Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2023
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. In addition, we consolidate those entities deemed to be variable interest entities in which we are determined to be the primary beneficiary. As of September 30, 2023, we are involved with six entities we determined to be variable interest entities, one of which we are the primary beneficiary and is consolidated and five of which we are not the primary beneficiary and are not consolidated. We also own three properties through a joint venture investment that were deconsolidated effective January 1, 2023 (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. To limit our exposure to significant claims, we have stop-loss coverage on a per claim and annual aggregate basis. We use all relevant information to determine our liabilities for claims, including actuarial estimates of claim liabilities. When determining our liabilities, we include claims for incurred losses, even if they are unreported.
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 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”). These optional expedients and exceptions provide guidance on contract modifications and hedge accounting. We have completed the transition to SOFR rates for our outstanding debt instruments with no material impact to our Consolidated Financial Statements.

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	9 Months Ended
	Sep. 30, 2023
Variable Interest Entities [Abstract]
Schedule of Variable Interest Entities	The following table sets forth the assets and liabilities of the Midtown West joint venture included on our Consolidated Balance Sheets: September 30, December 31, Net real estate assets $ 60,588 $ 59,854 Cash and cash equivalents $ 1,375 $ 1,009 Accounts receivable $ 420 $ 1,490 Accrued straight-line rents receivable $ 4,666 $ 1,921 Deferred leasing costs, net $ 2,826 $ 2,677 Prepaid expenses and other assets, net $ 1,036 $ 153 Accounts payable, accrued expenses and other liabilities $ 2,756 $ 1,212

Intangible Assets and Below M_2

Intangible Assets and Below Market Lease Liabilities (Tables)	9 Months Ended
	Sep. 30, 2023
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: September 30, December 31, Assets: Deferred leasing costs (including lease incentives and above market lease and in-place lease acquisition-related intangible assets) $ 407,005 $ 416,579 Less accumulated amortization (173,926) (163,751) $ 233,079 $ 252,828 Liabilities (in accounts payable, accrued expenses and other liabilities): Acquisition-related below market lease liabilities $ 52,271 $ 55,304 Less accumulated amortization (30,620) (29,859) $ 21,651 $ 25,445
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 Nine Months Ended 2023 2022 2023 2022 Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization) $ 10,696 $ 11,425 $ 32,409 $ 33,603 Amortization of lease incentives (in rental and other revenues) $ 655 $ 500 $ 1,983 $ 1,369 Amortization of acquisition-related intangible assets (in rental and other revenues) $ 823 $ 797 $ 2,523 $ 2,448 Amortization of acquisition-related below market lease liabilities (in rental and other revenues) $ (1,260) $ (1,473) $ (3,794) $ (4,159)
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) October 1 through December 31, 2023 $ 10,963 $ 609 $ 779 $ (1,225) 2024 38,910 1,984 3,088 (4,240) 2025 31,262 1,879 2,220 (2,727) 2026 26,969 1,677 1,860 (2,431) 2027 23,248 1,476 1,518 (2,062) Thereafter 74,830 4,209 5,598 (8,966) $ 206,182 $ 11,834 $ 15,063 $ (21,651) Weighted average remaining amortization periods as of September 30, 2023 (in years) 7.5 7.3 7.2 8.2

Mortgages and Notes Payable (Ta

Mortgages and Notes Payable (Tables)	9 Months Ended
	Sep. 30, 2023
Debt Disclosure [Abstract]
Schedule of Consolidated Mortgages and Notes Payable	The following table sets forth our mortgages and notes payable: September 30, December 31, Secured indebtedness $ 677,839 $ 483,988 Unsecured indebtedness 2,549,495 2,729,620 Less-unamortized debt issuance costs (15,149) (16,393) Total mortgages and notes payable, net $ 3,212,185 $ 3,197,215

Noncontrolling Interests (Table

Noncontrolling Interests (Tables) - Highwoods Properties, Inc. [Member]	9 Months Ended
	Sep. 30, 2023
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 Nine Months Ended 2023 2022 2023 2022 Beginning noncontrolling interests in the Operating Partnership $ 56,206 $ 84,583 $ 65,977 $ 111,689 Adjustment of noncontrolling interests in the Operating Partnership to fair value (6,334) (16,952) (15,521) (42,480) Conversions of Common Units to Common Stock (4,795) — (4,795) (1,251) Redemptions of Common Units — (3,101) (163) (3,101) Net income attributable to noncontrolling interests in the Operating Partnership 453 881 2,386 3,049 Distributions to noncontrolling interests in the Operating Partnership (1,078) (1,192) (3,432) (3,687) Total noncontrolling interests in the Operating Partnership $ 44,452 $ 64,219 $ 44,452 $ 64,219
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 Nine Months Ended 2023 2022 2023 2022 Net income available for common stockholders $ 22,101 $ 38,251 $ 108,233 $ 129,022 Increase in additional paid in capital from conversions of Common Units to Common Stock 4,795 — 4,795 1,251 Redemptions of Common Units — 3,101 163 3,101 Change from net income available for common stockholders and transfers from noncontrolling interests $ 26,896 $ 41,352 $ 113,191 $ 133,374

Disclosure About Fair Value o_2

Disclosure About Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2023
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 as of September 30, 2023: Assets: Mortgages and notes receivable, at fair value (1) $ 9,783 $ — $ 9,783 Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets) 2,056 2,056 — Total Assets $ 11,839 $ 2,056 $ 9,783 Noncontrolling Interests in the Operating Partnership $ 44,452 $ 44,452 $ — Liabilities: Mortgages and notes payable, net, at fair value (1) $ 2,794,265 $ — $ 2,794,265 Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities) 2,056 2,056 — Total Liabilities $ 2,796,321 $ 2,056 $ 2,794,265 Fair Value as of December 31, 2022: Assets: Mortgages and notes receivable, at fair value (1) $ 1,051 $ — $ 1,051 Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets) 2,564 2,564 — Total Assets $ 3,615 $ 2,564 $ 1,051 Noncontrolling Interests in the Operating Partnership $ 65,977 $ 65,977 $ — Liabilities: Mortgages and notes payable, net, at fair value (1) $ 2,832,973 $ — $ 2,832,973 Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities) 2,564 2,564 — Total Liabilities $ 2,835,537 $ 2,564 $ 2,832,973 __________

Real Estate and Other Assets _2

Real Estate and Other Assets Held For Sale (Tables)	9 Months Ended
	Sep. 30, 2023
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 as of September 30, 2023 and December 31, 2022, which are considered non-core: September 30, December 31, Assets: Land $ 513 $ — Buildings and tenant improvements 846 — Land held for development 3,294 — Less-accumulated depreciation (131) — Net real estate assets 4,522 — Prepaid expenses and other assets, net 184 — Real estate and other assets, net, held for sale $ 4,706 $ —

Earnings Per Share and Per Un_2

Earnings Per Share and Per Unit (Tables)	9 Months Ended
	Sep. 30, 2023
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 Nine Months Ended 2023 2022 2023 2022 Earnings per Common Share - basic: Numerator: Net income $ 23,171 $ 40,110 $ 111,995 $ 134,815 Net (income) attributable to noncontrolling interests in the Operating Partnership (453) (881) (2,386) (3,049) Net (income)/loss attributable to noncontrolling interests in consolidated affiliates 5 (357) 488 (880) Dividends on Preferred Stock (622) (621) (1,864) (1,864) Net income available for common stockholders $ 22,101 $ 38,251 $ 108,233 $ 129,022 Denominator: Denominator for basic earnings per Common Share – weighted average shares (1) 105,671 105,184 105,473 105,094 Net income available for common stockholders $ 0.21 $ 0.36 $ 1.03 $ 1.23 Earnings per Common Share - diluted: Numerator: Net income $ 23,171 $ 40,110 $ 111,995 $ 134,815 Net (income)/loss attributable to noncontrolling interests in consolidated affiliates 5 (357) 488 (880) Dividends on Preferred Stock (622) (621) (1,864) (1,864) Net income available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership $ 22,554 $ 39,132 $ 110,619 $ 132,071 Denominator: Denominator for basic earnings per Common Share – weighted average shares (1) 105,671 105,184 105,473 105,094 Add: Stock options using the treasury method — — — 7 Noncontrolling interests Common Units 2,161 2,417 2,289 2,469 Denominator for diluted earnings per Common Share – adjusted weighted average shares and assumed conversions 107,832 107,601 107,762 107,570 Net income available for common stockholders $ 0.21 $ 0.36 $ 1.03 $ 1.23 __________
Highwoods Realty Limited Partnership
Earnings Per Share and Per Unit Basic and Diluted [Line Items]
Earnings Per Unit	The following table sets forth the computation of basic and diluted earnings per unit of the Operating Partnership: Three Months Ended Nine Months Ended 2023 2022 2023 2022 Earnings per Common Unit - basic: Numerator: Net income $ 23,171 $ 40,110 $ 111,995 $ 134,815 Net (income)/loss attributable to noncontrolling interests in consolidated affiliates 5 (357) 488 (880) Distributions on Preferred Units (622) (621) (1,864) (1,864) Net income available for common unitholders $ 22,554 $ 39,132 $ 110,619 $ 132,071 Denominator: Denominator for basic earnings per Common Unit – weighted average units (1) 107,423 107,192 107,353 107,154 Net income available for common unitholders $ 0.21 $ 0.37 $ 1.03 $ 1.23 Earnings per Common Unit - diluted: Numerator: Net income $ 23,171 $ 40,110 $ 111,995 $ 134,815 Net (income)/loss attributable to noncontrolling interests in consolidated affiliates 5 (357) 488 (880) Distributions on Preferred Units (622) (621) (1,864) (1,864) Net income available for common unitholders $ 22,554 $ 39,132 $ 110,619 $ 132,071 Denominator: Denominator for basic earnings per Common Unit – weighted average units (1) 107,423 107,192 107,353 107,154 Add: Stock options using the treasury method — — — 7 Denominator for diluted earnings per Common Unit – adjusted weighted average units and assumed conversions 107,423 107,192 107,353 107,161 Net income available for common unitholders $ 0.21 $ 0.37 $ 1.03 $ 1.23 __________ (1) Includes all unvested restricted stock where distributions on such restricted stock are non-forfeitable .

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2023
Segment Reporting [Abstract]
Reconciliation of Revenue from Segments to Consolidated	The following tables summarize rental and other revenues and net operating income for our office properties. Net operating income is the primary industry property-level performance metric used by our chief operating decision maker and is defined as rental and other revenues less rental property and other expenses. Three Months Ended Nine Months Ended 2023 2022 2023 2022 Rental and Other Revenues: Atlanta $ 35,666 $ 35,804 $ 107,991 $ 106,805 Charlotte 21,079 18,825 63,452 52,643 Nashville 42,884 44,587 130,084 130,640 Orlando 14,356 13,634 43,300 40,298 Raleigh 45,354 45,220 136,933 137,051 Richmond 8,746 10,872 27,103 31,837 Tampa 25,000 23,590 75,344 71,169 Total Office Segment 193,085 192,532 584,207 570,443 Other 14,010 14,465 42,931 46,773 Total Rental and Other Revenues $ 207,095 $ 206,997 $ 627,138 $ 617,216
Reconciliation of Operating Profit (Loss) from Segments to Consolidated	Net Operating Income: Atlanta $ 21,796 $ 22,524 $ 68,289 $ 69,472 Charlotte 16,388 14,275 47,719 40,132 Nashville 31,389 33,154 95,530 97,093 Orlando 8,734 7,865 26,358 24,264 Raleigh 32,523 32,822 99,799 101,557 Richmond 5,733 7,112 18,656 21,700 Tampa 15,574 14,351 47,614 44,912 Total Office Segment 132,137 132,103 403,965 399,130 Other 7,765 8,560 23,942 27,961 Total Net Operating Income 139,902 140,663 427,907 427,091 Reconciliation to net income: Depreciation and amortization (74,765) (73,057) (220,416) (212,466) Impairments of real estate assets — (1,515) — (36,515) General and administrative expenses (8,873) (9,586) (30,668) (32,733) Interest expense (34,247) (26,392) (101,408) (75,812) Other income 754 138 3,082 621 Gains on disposition of property — 9,402 19,818 63,546 Gain on deconsolidation of affiliate — — 11,778 — Equity in earnings of unconsolidated affiliates 400 457 1,902 1,083 Net income $ 23,171 $ 40,110 $ 111,995 $ 134,815

Description of Business and S_3

Description of Business and Significant Accounting Policies (Details) $ in Thousands, ft² in Millions	3 Months Ended			9 Months Ended
	Sep. 30, 2023 USD ($) ft² numberOfEntities shares	Mar. 31, 2023 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2023 USD ($) ft² numberOfEntities shares	Sep. 30, 2022 USD ($)	Jan. 01, 2023 numberOfProperties	Dec. 31, 2022
Description of Business [Abstract]
Rentable square feet of commercial real estate properties (in sq feet) | ft²	28.5			28.5
Rentable square feet of commercial real estate office properties under development (in sq feet) | ft²	1.6			1.6
Rentable square feet of potential office build (in sq feet) | ft²	5.2			5.2
Net proceeds of Common Stock sold during the period | $	$ 361		$ 362	$ (202)	$ 4,797
Number of Common Stock sold during the period (in shares)	0			0
Number of VIE entities | numberOfEntities	6			6
Number of deconsolidated joint venture properties | numberOfProperties						3
Self insurance liability | $	$ 600			$ 600
Highwoods Properties, Inc. [Member]
Description of Business [Abstract]
Common Units of partnership owned by the Company (in shares)	105,300,000			105,300,000
Percentage of ownership of Common Units (in hundredths)	98%			98%			97.80%
Common Units redeemed for a like number of common shares of stock (in shares)				193,907
Common Units redeemed for cash (in shares)				7,294
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
Description of Business [Abstract]
Common Units of partnership not owned by the Company (in shares)	2,200,000			2,200,000
Variable Interest Entity, Primary Beneficiary [Member]
Description of Business [Abstract]
Number of VIE entities | numberOfEntities	1			1
Variable Interest Entity, Non Primary Beneficiary [Member]
Description of Business [Abstract]
Number of VIE entities | numberOfEntities	5			5

Leases ASC 842 (Details)

Leases ASC 842 (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Lessor Disclosure [Abstract]
Rental and other revenues related to operating lease payments	$ 203.8	$ 203.9	$ 617	$ 608.1
Variable lease income	$ 17.7	$ 16.9	$ 54.6	$ 51.9
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

Investments in and Advances t_2

Investments in and Advances to Affiliates (Details) $ in Thousands	3 Months Ended			9 Months Ended
	Sep. 30, 2023 USD ($)	Mar. 31, 2023 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)	Dec. 31, 2022 numberOfJointVentures
Schedule of Equity Method Investments [Line Items]
Gain on deconsolidation of affiliate	$ 0		$ 0	$ 11,778	$ 0
Number of joint ventures formed | numberOfJointVentures						2
Highwoods-Markel Associates, LLC Joint Venture
Schedule of Equity Method Investments [Line Items]
Percentage of equity interest in joint venture (in hundredths)	50%			50%
Gain on deconsolidation of affiliate		$ 11,800
Granite Park Six JV, LLC
Schedule of Equity Method Investments [Line Items]
Percentage of equity interest in joint venture (in hundredths)	50%			50%
GPI23 Springs JV, LLC
Schedule of Equity Method Investments [Line Items]
Percentage of equity interest in joint venture (in hundredths)	50%			50%
M+O JV, LLC
Schedule of Equity Method Investments [Line Items]
Percentage of equity interest in joint venture (in hundredths)	50%			50%
Midtown East Tampa, LLC
Schedule of Equity Method Investments [Line Items]
Percentage of equity interest in joint venture (in hundredths)	50%			50%
Brand/HRLP 2827 Peachtree LLC
Schedule of Equity Method Investments [Line Items]
Percentage of equity interest in joint venture (in hundredths)	50%			50%

Variable Interest Entities (Det

Variable Interest Entities (Details) - USD ($)	3 Months Ended	9 Months Ended
	Jun. 30, 2023	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Variable Interest Entities [Line Items]
Additional common equity contribution		$ 100,052,000	$ 81,693,000
Repayments of preferred equity from unconsolidated affiliates		80,000,000	0
Investments in and advances to unconsolidated affiliates		314,475,000		$ 269,221,000
Assets and liabilities of consolidated variable interest entity [Abstract]
Net real estate assets		5,035,578,000		5,126,925,000
Cash and cash equivalents		16,901,000	$ 23,055,000	21,357,000
Accounts receivable		25,583,000		25,481,000
Accrued straight-line rents receivable		308,277,000		293,674,000
Deferred leasing costs, net		233,079,000		252,828,000
Prepaid expense and other assets, net		72,177,000		68,091,000
Accounts payable, accrued expenses and other liabilities		$ 310,409,000		301,184,000
Revolving Credit Facility [Member]
Variable Interest Entities [Line Items]
Maximum borrowing capacity on credit facility	$ 750,000,000
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Revolving Credit Facility [Member]
Variable Interest Entities [Line Items]
Facility interest rate basis		SOFR
Interest rate, basis spread (in hundredths)		0.85%
Granite Park Six JV, LLC
Variable Interest Entities [Line Items]
Risk of loss limited to carrying value		$ 41,700,000
GPI23 Springs JV, LLC
Variable Interest Entities [Line Items]
Risk of loss limited to carrying value		63,600,000
M+O JV, LLC
Variable Interest Entities [Line Items]
Risk of loss limited to carrying value		121,400,000
Additional common equity contribution	40,000,000
Repayments of preferred equity from unconsolidated affiliates	80,000,000
Net proceeds from redemption of preferred equity	$ 40,000,000
M+O JV, LLC | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Variable Interest Entities [Line Items]
Facility interest rate basis	SOFR
Interest rate, basis spread (in hundredths)	3.50%
Midtown East Tampa, LLC
Variable Interest Entities [Line Items]
Risk of loss limited to carrying value		7,800,000
Amount of loan funded to affiliate		0
Brand/HRLP 2827 Peachtree LLC
Variable Interest Entities [Line Items]
Risk of loss limited to carrying value		49,100,000
Amount of loan funded to affiliate		35,500,000
Investments in and advances to unconsolidated affiliates		$ 13,600,000
HRLP MTW, LLC [Member]
Variable Interest Entities [Line Items]
Interest in joint venture (in hundredths)		80%
Assets and liabilities of consolidated variable interest entity [Abstract]
Net real estate assets		$ 60,588,000		59,854,000
Cash and cash equivalents		1,375,000		1,009,000
Accounts receivable		420,000		1,490,000
Accrued straight-line rents receivable		4,666,000		1,921,000
Deferred leasing costs, net		2,826,000		2,677,000
Prepaid expense and other assets, net		1,036,000		153,000
Accounts payable, accrued expenses and other liabilities		$ 2,756,000		$ 1,212,000

Real Estate Assets (Details)

Real Estate Assets (Details) $ in Thousands	3 Months Ended			9 Months Ended		12 Months Ended
	Sep. 30, 2023 USD ($)	Jun. 30, 2023 USD ($) numberOfBuildings	Sep. 30, 2022 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)
Dispositions [Abstract]
Gains on disposition of property	$ 0		$ 9,402	$ 19,818	$ 63,546
Nashville TN Land Acquisitions
Acquisitions [Abstract]
Acquisition purchase price						$ 16,000
Raleigh NC Land Acquisition [Member]
Acquisitions [Abstract]
Acquisition purchase price		$ 2,700
2023 Dispositions [Member]
Dispositions [Abstract]
Number of buildings sold | numberOfBuildings		3
Sale price of real estate		$ 51,300
Gains on disposition of property		$ 19,400

Intangible Assets and Below M_3

Intangible Assets and Below Market Lease Liabilities (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Assets:
Deferred leasing costs (including lease incentives and above market lease and in-place lease acquisition-related intangible assets)	$ 407,005		$ 407,005		$ 416,579
Deferred leasing costs, accumulated amortization	(173,926)		(173,926)		(163,751)
Deferred leasing costs, net/Total scheduled future amortization of intangible assets	233,079		233,079		252,828
Liabilities (in accounts payable, accrued expenses and other liabilities):
Acquisition-related below market lease liabilities, gross	52,271		52,271		55,304
Acquisition-related below market lease liabilities, accumulated amortization	(30,620)		(30,620)		(29,859)
Acquisition-related below market lease liabilities, net	21,651		21,651		$ 25,445
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	206,182		206,182
Amortization of intangible assets and below market lease liabilities [Abstract]
Amortization of intangible assets	10,696	$ 11,425	32,409	$ 33,603
Lease Incentives (in Rental and Other Revenues) [Member]
Assets:
Deferred leasing costs, net/Total scheduled future amortization of intangible assets	11,834		11,834
Amortization of intangible assets and below market lease liabilities [Abstract]
Amortization of intangible assets	655	500	1,983	1,369
Acquisition-Related Intangible Assets (in Rental and Other Revenues) [Member]
Assets:
Deferred leasing costs, net/Total scheduled future amortization of intangible assets	15,063		15,063
Amortization of intangible assets and below market lease liabilities [Abstract]
Amortization of intangible assets	823	797	2,523	2,448
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	21,651		21,651
Amortization of intangible assets and below market lease liabilities [Abstract]
Amortization of acquisition-related below market lease liabilities	$ (1,260)	$ (1,473)	$ (3,794)	$ (4,159)

Intangible Assets and Below M_4

Intangible Assets and Below Market Lease Liabilities - Scheduled Future Amortization (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Scheduled future amortization of intangible assets [Abstract]
Deferred leasing costs, net/Total scheduled future amortization of intangible assets	$ 233,079	$ 252,828
Scheduled future amortization of below market lease liabilities [Abstract]
Total scheduled future amortization of acquisition-related below market lease liabilities	(21,651)	$ (25,445)
Deferred Leasing Costs and Acquisition-Related Intangible Assets (in Depreciation and Amortization) [Member]
Scheduled future amortization of intangible assets [Abstract]
October 1 through December 31, 2023	10,963
2024	38,910
2025	31,262
2026	26,969
2027	23,248
Thereafter	74,830
Deferred leasing costs, net/Total scheduled future amortization of intangible assets	$ 206,182
Weighted average remaining amortization periods for intangible assets and below market lease liabilities [Abstract]
Finite-lived intangible assets, average useful life (in years)	7 years 6 months
Lease Incentives (in Rental and Other Revenues) [Member]
Scheduled future amortization of intangible assets [Abstract]
October 1 through December 31, 2023	$ 609
2024	1,984
2025	1,879
2026	1,677
2027	1,476
Thereafter	4,209
Deferred leasing costs, net/Total scheduled future amortization of intangible assets	$ 11,834
Weighted average remaining amortization periods for intangible assets and below market lease liabilities [Abstract]
Finite-lived intangible assets, average useful life (in years)	7 years 3 months 18 days
Acquisition-Related Intangible Assets (in Rental and Other Revenues) [Member]
Scheduled future amortization of intangible assets [Abstract]
October 1 through December 31, 2023	$ 779
2024	3,088
2025	2,220
2026	1,860
2027	1,518
Thereafter	5,598
Deferred leasing costs, net/Total scheduled future amortization of intangible assets	$ 15,063
Weighted average remaining amortization periods for intangible assets and below market lease liabilities [Abstract]
Finite-lived intangible assets, 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]
October 1 through December 31, 2023	$ (1,225)
2024	(4,240)
2025	(2,727)
2026	(2,431)
2027	(2,062)
Thereafter	(8,966)
Total scheduled future amortization of acquisition-related below market lease liabilities	$ (21,651)
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 2 months 12 days

Mortgages and Notes Payable (De

Mortgages and Notes Payable (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2023 USD ($)	Mar. 31, 2023 USD ($)	Sep. 30, 2023 USD ($) extension	Oct. 17, 2023 USD ($)	Jun. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Debt Instrument [Line Items]
Mortgages and notes payable	$ 3,212,185,000		$ 3,212,185,000			$ 3,197,215,000
Unamortized debt issuance costs	$ (15,149,000)		(15,149,000)			(16,393,000)
Maximum liquidity requirements	1 year
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity on credit facility					$ 750,000,000
Additional borrowing capacity on revolving credit facility	$ 200,000,000		$ 200,000,000
Number of additional extensions | extension			2
Term of optional extension			6 months
Temporary reduction in interest rate due to sustainability goals (in hundredths)			0.01%
Amount outstanding on revolving credit facility	205,000,000		$ 205,000,000
Outstanding letters of credit on revolving credit facility	900,000		900,000
Unused borrowing capacity on revolving credit facility	544,100,000		$ 544,100,000
5.69% Mortgage Loan Due 2028 [Member]
Debt Instrument [Line Items]
Principal amount of debt		$ 200,000,000
Term of debt instrument		5 years
Effective interest rate (in hundredths)		5.69%
Debt issuance costs		$ 1,300,000
Variable Rate Term Loan Due 2024
Debt Instrument [Line Items]
Term of optional extension			1 year
Principal amount of debt	200,000,000		$ 200,000,000
Secured indebtedness [Member]
Debt Instrument [Line Items]
Mortgages and notes payable	677,839,000		677,839,000			483,988,000
Aggregate undepreciated book value of secured real estate assets	1,170,700,000		1,170,700,000
Unsecured indebtedness [Member]
Debt Instrument [Line Items]
Mortgages and notes payable	$ 2,549,495,000		$ 2,549,495,000			$ 2,729,620,000
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Facility interest rate basis			SOFR
Interest rate, basis spread (in hundredths)			0.85%
Annual facility fee (in hundredths)			0.20%
SOFR Related Spread Adjustment [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Interest rate, basis spread (in hundredths)			0.10%
Subsequent Event [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Amount outstanding on revolving credit facility				$ 205,000,000
Outstanding letters of credit on revolving credit facility				900,000
Unused borrowing capacity on revolving credit facility				$ 544,100,000

Noncontrolling Interests (Detai

Noncontrolling Interests (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Noncontrolling Interests in the Operating Partnership [Roll Forward]
Beginning noncontrolling interests in the Operating Partnership			$ 65,977
Adjustment of noncontrolling interests in the Operating Partnership to fair value	$ (6,334)	$ (16,952)	(15,521)	$ (42,480)
Conversions of Common Units to Common Stock	(4,795)		(4,795)	(1,251)
Redemptions of Common Units			(163)	(3,101)
Net income attributable to noncontrolling interests in the Operating Partnership	453	881	2,386	3,049
Distributions to noncontrolling interests in the Operating Partnership			(3,432)	(3,687)
Total noncontrolling interests in the Operating Partnership	44,452		44,452
Net Income Available for Common Stockholders and Transfers From Noncontrolling Interests in the Operating Partnership [Abstract]
Net income available for common stockholders	22,101	38,251	108,233	129,022
Highwoods Properties, Inc. [Member]
Noncontrolling Interests in the Operating Partnership [Roll Forward]
Beginning noncontrolling interests in the Operating Partnership	56,206	84,583	65,977	111,689
Adjustment of noncontrolling interests in the Operating Partnership to fair value	(6,334)	(16,952)	(15,521)	(42,480)
Conversions of Common Units to Common Stock	(4,795)	0	(4,795)	(1,251)
Redemptions of Common Units	0	(3,101)	(163)	(3,101)
Net income attributable to noncontrolling interests in the Operating Partnership	453	881	2,386	3,049
Distributions to noncontrolling interests in the Operating Partnership	(1,078)	(1,192)	(3,432)	(3,687)
Total noncontrolling interests in the Operating Partnership	44,452	64,219	44,452	64,219
Net Income Available for Common Stockholders and Transfers From Noncontrolling Interests in the Operating Partnership [Abstract]
Net income available for common stockholders	22,101	38,251	108,233	129,022
Increase in additional paid in capital from conversions of Common Units to Common Stock	4,795	0	4,795	1,251
Redemptions of Common Units	0	3,101	163	3,101
Change from net income available for common stockholders and transfers from noncontrolling interests	$ 26,896	$ 41,352	$ 113,191	$ 133,374
Midtown West Joint Venture [Member]
Noncontrolling Interests in Consolidated Affiliates [Abstract]
Consolidated joint venture, partner's interest (in hundredths)	20%		20%

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	Sep. 30, 2023	Dec. 31, 2022
Assets:
Mortgages and notes receivable, at fair value	$ 9,783	$ 1,051
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)	2,056	2,564
Total Assets	11,839	3,615
Liabilities:
Mortgages and notes payable, net, at fair value	2,794,265	2,832,973
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)	2,056	2,564
Total Liabilities	2,796,321	2,835,537
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)	2,056	2,564
Total Assets	2,056	2,564
Liabilities:
Mortgages and notes payable, net, at fair value	0	0
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)	2,056	2,564
Total Liabilities	2,056	2,564
Level 2 [Member]
Assets:
Mortgages and notes receivable, at fair value	9,783	1,051
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)	0	0
Total Assets	9,783	1,051
Liabilities:
Mortgages and notes payable, net, at fair value	2,794,265	2,832,973
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)	0	0
Total Liabilities	2,794,265	2,832,973
Highwoods Properties, Inc. [Member]
Assets:
Noncontrolling Interests in the Operating Partnership	44,452	65,977
Highwoods Properties, Inc. [Member] | Level 1 [Member]
Assets:
Noncontrolling Interests in the Operating Partnership	44,452	65,977
Highwoods Properties, Inc. [Member] | Level 2 [Member]
Assets:
Noncontrolling Interests in the Operating Partnership	$ 0	$ 0

Fair Value Measures and Disclos

Fair Value Measures and Disclosures - Fair Value Measurement Inputs and Valuation Techniques (Details) - USD ($) $ in Millions	Mar. 31, 2023	Jan. 01, 2023
Valuation Technique and Input [Abstract]
Fair value of Level 3 investment		$ 57.1
Measurement Input, Discount Rate [Member]
Valuation Technique and Input [Abstract]
Investment key assumptions (in hundredths)	10.80%
Measurement Input, Cap Rate [Member]
Valuation Technique and Input [Abstract]
Investment key assumptions (in hundredths)	8.80%

Share-Based Payments (Details)

Share-Based Payments (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 800	$ 700	$ 6,154	$ 6,843
Total unrecognized share-based compensation costs	$ 4,900		$ 4,900
Weighted average remaining contractual term for recognition of unrecognized share-based compensation costs (in years)			2 years 2 months 12 days
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)			155,717
Weighted average grant date fair value of each restricted stock share granted (in dollars per share)			$ 26.42
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)			126,736
Weighted average grant date fair value of each restricted stock share granted (in dollars per share)			$ 27.06

Real Estate and Other Assets _3

Real Estate and Other Assets Held For Sale (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Real Estate and Other Assets Held For Sale [Abstract]
Land	$ 513	$ 0
Buildings and tenant improvements	846	0
Land held for development	3,294	0
Less-accumulated depreciation	(131)	0
Net real estate assets	4,522	0
Prepaid expenses and other assets, net	184	0
Real estate and other assets, net, held for sale	$ 4,706	$ 0

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		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Earnings per Common Share and Per Unit - basic: [Abstract]
Net income	$ 23,171	$ 40,110	$ 111,995	$ 134,815
Net (income) attributable to noncontrolling interests in the Operating Partnership	(453)	(881)	(2,386)	(3,049)
Net (income)/loss attributable to noncontrolling interests in consolidated affiliates	5	(357)	488	(880)
Dividends on Preferred Stock	(622)	(621)	(1,864)	(1,864)
Net income available for common stockholders	$ 22,101	$ 38,251	$ 108,233	$ 129,022
Denominator:
Denominator for basic earnings per Common Share - weighted average shares (in shares)	105,671	105,184	105,473	105,094
Earnings per Common Share - basic:
Net income available for common stockholders (in dollars per share)	$ 0.21	$ 0.36	$ 1.03	$ 1.23
Earnings per Common Share and Per Unit - diluted: [Abstract]
Net income	$ 23,171	$ 40,110	$ 111,995	$ 134,815
Net (income)/loss attributable to noncontrolling interests in consolidated affiliates	5	(357)	488	(880)
Dividends on Preferred Stock	(622)	(621)	(1,864)	(1,864)
Net income available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership	$ 22,554	$ 39,132	$ 110,619	$ 132,071
Denominator:
Denominator for basic earnings per Common Share - weighted average shares (in shares)	105,671	105,184	105,473	105,094
Stock options using the treasury method (in shares)	0	0	0	7
Noncontrolling interests Common Units (in shares)	2,161	2,417	2,289	2,469
Denominator for diluted earnings per Common Share - adjusted weighted average shares and assumed conversions (in shares)	107,832	107,601	107,762	107,570
Earnings per Common Share - diluted:
Net income available for common stockholders (in dollars per share)	$ 0.21	$ 0.36	$ 1.03	$ 1.23
Highwoods Realty Limited Partnership
Earnings per Common Share and Per Unit - basic: [Abstract]
Net income	$ 23,171	$ 40,110	$ 111,995	$ 134,815
Net (income)/loss attributable to noncontrolling interests in consolidated affiliates	5	(357)	488	(880)
Distributions on Preferred Units	(622)	(621)	(1,864)	(1,864)
Net income available for common unitholders	$ 22,554	$ 39,132	$ 110,619	$ 132,071
Denominator:
Denominator for basic earnings per Common Unit - weighted average units (in shares)	107,423	107,192	107,353	107,154
Earnings per Common Unit - basic:
Net income available for common unitholders (in dollars per share)	$ 0.21	$ 0.37	$ 1.03	$ 1.23
Earnings per Common Share and Per Unit - diluted: [Abstract]
Net income	$ 23,171	$ 40,110	$ 111,995	$ 134,815
Net (income)/loss attributable to noncontrolling interests in consolidated affiliates	5	(357)	488	(880)
Distributions on Preferred Units	(622)	(621)	(1,864)	(1,864)
Net income available for common unitholders	$ 22,554	$ 39,132	$ 110,619	$ 132,071
Denominator:
Denominator for basic earnings per Common Unit - weighted average units (in shares)	107,423	107,192	107,353	107,154
Stock options using the treasury method (in shares)	0	0	0	7
Denominator for diluted earnings per Common Unit - adjusted weighted average units and assumed conversions (in shares)	107,423	107,192	107,353	107,161
Earnings per Common Unit - diluted:
Net income available for common unitholders (in dollars per share)	$ 0.21	$ 0.37	$ 1.03	$ 1.23

Segment Information (Details)

Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	$ 207,095	$ 206,997	$ 627,138	$ 617,216
Total Net Operating Income	139,902	140,663	427,907	427,091
Reconciliation to net income:
Depreciation and amortization	(74,765)	(73,057)	(220,416)	(212,466)
Impairments of real estate assets	0	(1,515)	0	(36,515)
General and administrative expenses	(8,873)	(9,586)	(30,668)	(32,733)
Interest expense	(34,247)	(26,392)	(101,408)	(75,812)
Other income	754	138	3,082	621
Gains on disposition of property	0	9,402	19,818	63,546
Gain on deconsolidation of affiliate	0	0	11,778	0
Equity in earnings of unconsolidated affiliates	400	457	1,902	1,083
Net income	23,171	40,110	111,995	134,815
Total Office Segment [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	193,085	192,532	584,207	570,443
Total Net Operating Income	132,137	132,103	403,965	399,130
Office Atlanta, GA [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	35,666	35,804	107,991	106,805
Total Net Operating Income	21,796	22,524	68,289	69,472
Office Charlotte, NC [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	21,079	18,825	63,452	52,643
Total Net Operating Income	16,388	14,275	47,719	40,132
Office Nashville, TN [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	42,884	44,587	130,084	130,640
Total Net Operating Income	31,389	33,154	95,530	97,093
Office Orlando, FL [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	14,356	13,634	43,300	40,298
Total Net Operating Income	8,734	7,865	26,358	24,264
Office Raleigh, NC [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	45,354	45,220	136,933	137,051
Total Net Operating Income	32,523	32,822	99,799	101,557
Office Richmond, VA [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	8,746	10,872	27,103	31,837
Total Net Operating Income	5,733	7,112	18,656	21,700
Office Tampa, FL [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	25,000	23,590	75,344	71,169
Total Net Operating Income	15,574	14,351	47,614	44,912
Other [Member]
Segment Reporting Information [Line Items]
Total Rental and Other Revenues	14,010	14,465	42,931	46,773
Total Net Operating Income	$ 7,765	$ 8,560	$ 23,942	$ 27,961

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ / shares in Units, $ in Millions			3 Months Ended		9 Months Ended
	Oct. 23, 2023	Oct. 18, 2023	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Highwoods Properties, Inc. [Member]
Subsequent Event [Line Items]
Dividends declared per share of Common Stock (in dollars per share)			$ 0.50	$ 0.50	$ 1.50	$ 1.50
Variable Interest Entity, Primary Beneficiary [Member]
Subsequent Event [Line Items]
Interest in joint venture (in hundredths)			80%		80%
Subsequent Event [Member] | Highwoods Properties, Inc. [Member]
Subsequent Event [Line Items]
Dividends declared per share of Common Stock (in dollars per share)		$ 0.50
Subsequent Event [Member] | Variable Interest Entity, Primary Beneficiary [Member]
Subsequent Event [Line Items]
Interest in joint venture (in hundredths)	80%
Principal amount of debt	$ 45
Term of debt instrument	5 years
Effective interest rate (in hundredths)	7.29%
Debt issuance costs	$ 0.8