2023 Q4 Form 10-Q Financial Statement

#000092108223000053 Filed on October 24, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $206.9M $207.1M
YoY Change -2.29% 0.05%
Cost Of Revenue $69.55M $67.20M
YoY Change -0.19% 1.31%
Gross Profit $137.3M $139.9M
YoY Change -3.33% -0.54%
Gross Profit Margin 66.38% 67.55%
Selling, General & Admin $12.19M $8.900M
YoY Change 27.86% -7.16%
% of Gross Profit 8.88% 6.36%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $79.01M $74.70M
YoY Change 5.15% 2.25%
% of Gross Profit 57.54% 53.4%
Operating Expenses $91.18M $150.8M
YoY Change 7.68% 0.23%
Operating Profit $46.12M $139.9M
YoY Change -19.58% -0.54%
Interest Expense -$36.10M $34.25M
YoY Change 23.96% 29.76%
% of Operating Profit -78.26% 24.48%
Other Income/Expense, Net $1.353M $754.0K
YoY Change 34.09% 446.38%
Pretax Income $39.34M $23.20M
YoY Change 34.97% -42.16%
Income Tax
% Of Pretax Income
Net Earnings $38.00M $23.17M
YoY Change 37.92% -42.23%
Net Earnings / Revenue 18.37% 11.19%
Basic Earnings Per Share $0.21
Diluted Earnings Per Share $0.36 $0.21
COMMON SHARES
Basic Shares Outstanding 105.7M shares 105.7M shares
Diluted Shares Outstanding 107.8M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $25.12M $16.90M
YoY Change 17.63% -26.7%
Cash & Equivalents $25.12M $16.90M
Short-Term Investments
Other Short-Term Assets $65.13M $72.20M
YoY Change -4.36% 1.29%
Inventory $4.700M
Prepaid Expenses
Receivables $338.7M $333.9M
Other Receivables $0.00 $0.00
Total Short-Term Assets $429.0M $427.7M
YoY Change 4.99% 6.01%
LONG-TERM ASSETS
Property, Plant & Equipment $4.994B $5.036B
YoY Change -2.6% -1.56%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $343.2M $314.5M
YoY Change 27.49% 253.45%
Other Assets $232.4M $236.9M
YoY Change -9.79% -9.53%
Total Long-Term Assets $5.574B $5.597B
YoY Change -1.43% 2.37%
TOTAL ASSETS
Total Short-Term Assets $429.0M $427.7M
Total Long-Term Assets $5.574B $5.597B
Total Assets $6.003B $6.024B
YoY Change -1.0% 2.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $281.8M $288.8M
YoY Change 2.18% 2.94%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $281.8M $288.8M
YoY Change 2.18% 2.94%
LONG-TERM LIABILITIES
Long-Term Debt $3.213B $3.212B
YoY Change 0.5% 8.03%
Other Long-Term Liabilities $20.43M $21.70M
YoY Change -19.72% -18.84%
Total Long-Term Liabilities $3.234B $3.234B
YoY Change 0.34% 7.79%
TOTAL LIABILITIES
Total Short-Term Liabilities $281.8M $288.8M
Total Long-Term Liabilities $3.234B $3.234B
Total Liabilities $3.515B $3.523B
YoY Change 0.49% 7.37%
SHAREHOLDERS EQUITY
Retained Earnings -$698.0M -$683.2M
YoY Change 10.23% 12.33%
Common Stock $1.057M $1.057M
YoY Change 0.48% 0.48%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.433B $2.453B
YoY Change
Total Liabilities & Shareholders Equity $6.003B $6.024B
YoY Change -1.0% 2.62%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $38.00M $23.17M
YoY Change 37.92% -42.23%
Depreciation, Depletion And Amortization $79.01M $74.70M
YoY Change 5.15% 2.25%
Cash From Operating Activities $102.8M $103.1M
YoY Change 0.86% -12.61%
INVESTING ACTIVITIES
Capital Expenditures $60.45M $43.80M
YoY Change -23.57% -180.57%
Acquisitions
YoY Change
Other Investing Activities $21.76M -$19.10M
YoY Change -111.21% -91.21%
Cash From Investing Activities -$38.69M -$62.80M
YoY Change -85.84% -76.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -53.23M -41.90M
YoY Change -131.62% -137.69%
NET CHANGE
Cash From Operating Activities 102.8M 103.1M
Cash From Investing Activities -38.69M -62.80M
Cash From Financing Activities -53.23M -41.90M
Net Change In Cash 10.86M -1.600M
YoY Change -463.59% -96.24%
FREE CASH FLOW
Cash From Operating Activities $102.8M $103.1M
Capital Expenditures $60.45M $43.80M
Free Cash Flow $42.33M $59.30M
YoY Change 85.53% -65.59%

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NetCashProvidedByUsedInOperatingActivities
319879000 usd
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
224934000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
26220000 usd
us-gaap Payments For Leasing Costs Commissions And Tenant Improvements
PaymentsForLeasingCostsCommissionsAndTenantImprovements
90910000 usd
hiw Payments For Building Improvements
PaymentsForBuildingImprovements
45289000 usd
us-gaap Profit Loss
ProfitLoss
111995000 usd
us-gaap Depreciation
Depreciation
220416000 usd
hiw Amortization Of Lease Incentives And Acquisition Related Intangible Assets And Liabilities
AmortizationOfLeaseIncentivesAndAcquisitionRelatedIntangibleAssetsAndLiabilities
712000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
6154000 usd
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
1850000 usd
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
750000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3645000 usd
us-gaap Amortization Of Deferred Hedge Gains
AmortizationOfDeferredHedgeGains
-223000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-257000 usd
hiw Impairment Of Long Lived Assets Held For Use Including Discontinued Operations
ImpairmentOfLongLivedAssetsHeldForUseIncludingDiscontinuedOperations
0 usd
hiw Gain Loss On Disposition Of Property Total
GainLossOnDispositionOfPropertyTotal
19818000 usd
us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
11778000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1902000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
1153000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1182000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4376000 usd
us-gaap Straight Line Rent
StraightLineRent
20196000 usd
hiw Increase Decrease In Accounts Payable Accrued Expenses And Other Liabilities
IncreaseDecreaseInAccountsPayableAccruedExpensesAndOtherLiabilities
3636000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
284171000 usd
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
18544000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
26179000 usd
us-gaap Payments For Leasing Costs Commissions And Tenant Improvements
PaymentsForLeasingCostsCommissionsAndTenantImprovements
68625000 usd
hiw Payments For Building Improvements
PaymentsForBuildingImprovements
55155000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
51538000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
130038000 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 usd
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
24000 usd
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
215000 usd
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
81693000 usd
hiw Repayments Of Preferred Equity From Unconsolidated Affiliates
RepaymentsOfPreferredEquityFromUnconsolidatedAffiliates
0 usd
hiw Payments Of Earnest Money Deposits
PaymentsOfEarnestMoneyDeposits
3000000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-224000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-341593000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
157587000 usd
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
0 usd
hiw Paymentsfor Redemptionof Common Units
PaymentsforRedemptionofCommonUnits
3101000 usd
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
1864000 usd
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
3687000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2156000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
275000000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
235000000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
350000000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
204807000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2731000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
19609000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-2105000 usd
us-gaap Cash Divested From Deconsolidation
CashDivestedFromDeconsolidation
0 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
23055000 usd
CY2022Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
6038000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
29093000 usd
us-gaap Interest Paid Net
InterestPaidNet
82908000 usd
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
1251000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
-10180000 usd
hiw Write Off Fully Depreciated Real Estate Assets
WriteOffFullyDepreciatedRealEstateAssets
42817000 usd
hiw Write Off Fully Amortized Deferred Leasing Costs
WriteOffFullyAmortizedDeferredLeasingCosts
22739000 usd
hiw Write Off Fully Amortized Deferred Debt Issuance Costs
WriteOffFullyAmortizedDeferredDebtIssuanceCosts
1216000 usd
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
42480000 usd
CY2022Q3 hiw Accrued Capital Expenditures
AccruedCapitalExpenditures
44400000 usd
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
9763000 usd
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
200000 usd
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
100052000 usd
hiw Repayments Of Preferred Equity From Unconsolidated Affiliates
RepaymentsOfPreferredEquityFromUnconsolidatedAffiliates
80000000 usd
hiw Payments Of Earnest Money Deposits
PaymentsOfEarnestMoneyDeposits
-15500000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
3751000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-130967000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
158177000 usd
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
226000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1325000 usd
CY2023Q3 hiw Accrued Capital Expenditures
AccruedCapitalExpenditures
70700000 usd
CY2023Q3 hiw Rentable Square Feet Of Commercial Real Estate
RentableSquareFeetOfCommercialRealEstate
28500000 sqft
CY2023Q3 hiw Rentable Square Feet Of Commercial Real Estate Under Development
RentableSquareFeetOfCommercialRealEstateUnderDevelopment
1600000 sqft
CY2023Q3 hiw Rentable Square Footage Potential Office Build
RentableSquareFootagePotentialOfficeBuild
5200000 sqft
us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
0 shares
CY2023Q3 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
0 shares
CY2023Q3 hiw Number Of Vie Entities
NumberOfVIEEntities
6 numberofentities
CY2023Q1 hiw Number Of Deconsolidated Joint Venture Properties
NumberOfDeconsolidatedJointVentureProperties
3 numberofproperties
us-gaap Use Of Estimates
UseOfEstimates
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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.</span></div>
CY2023Q3 hiw Self Insurance Liability
SelfInsuranceLiability
600000 usd
CY2023Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
203800000 usd
CY2022Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
203900000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
617000000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
608100000 usd
CY2023Q3 us-gaap Variable Lease Income
VariableLeaseIncome
17700000 usd
CY2022Q3 us-gaap Variable Lease Income
VariableLeaseIncome
16900000 usd
us-gaap Variable Lease Income
VariableLeaseIncome
54600000 usd
us-gaap Variable Lease Income
VariableLeaseIncome
51900000 usd
CY2022Q4 hiw Number Of Joint Ventures Formed
NumberOfJointVenturesFormed
2 numberofjointventures
CY2023Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
407005000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
416579000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
173926000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
163751000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
233079000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
252828000 usd
CY2023Q3 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
52271000 usd
CY2022Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
55304000 usd
CY2023Q3 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
30620000 usd
CY2022Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
29859000 usd
CY2023Q3 us-gaap Below Market Lease Net
BelowMarketLeaseNet
21651000 usd
CY2022Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
25445000 usd
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
105184000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
105473000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
105094000 shares
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.21
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.36
CY2023Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
15149000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
16393000 usd
CY2023Q3 us-gaap Notes And Loans Payable
NotesAndLoansPayable
3212185000 usd
CY2022Q4 us-gaap Notes And Loans Payable
NotesAndLoansPayable
3197215000 usd
CY2023Q3 hiw Maximum Liquidity Requirements
MaximumLiquidityRequirements
P1Y
CY2023Q3 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
9783000 usd
CY2023Q3 hiw Marketable Securities Of Non Qualified Deferred Compensation Plan Fair Value Disclosure
MarketableSecuritiesOfNonQualifiedDeferredCompensationPlanFairValueDisclosure
2056000 usd
CY2023Q3 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
11839000 usd
CY2023Q3 us-gaap Loans Payable Fair Value Disclosure
LoansPayableFairValueDisclosure
2794265000 usd
CY2023Q3 hiw Non Qualified Deferred Compensation Obligation Fair Value Disclosure
NonQualifiedDeferredCompensationObligationFairValueDisclosure
2056000 usd
CY2023Q3 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
2796321000 usd
CY2022Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
1051000 usd
CY2022Q4 hiw Marketable Securities Of Non Qualified Deferred Compensation Plan Fair Value Disclosure
MarketableSecuritiesOfNonQualifiedDeferredCompensationPlanFairValueDisclosure
2564000 usd
CY2022Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
3615000 usd
CY2022Q4 us-gaap Loans Payable Fair Value Disclosure
LoansPayableFairValueDisclosure
2832973000 usd
CY2022Q4 hiw Non Qualified Deferred Compensation Obligation Fair Value Disclosure
NonQualifiedDeferredCompensationObligationFairValueDisclosure
2564000 usd
CY2022Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
2835537000 usd
CY2023Q1 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures Fair Value Disclosure
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure
57100000 usd
CY2023Q3 us-gaap Share Based Compensation
ShareBasedCompensation
800000 usd
CY2022Q3 us-gaap Share Based Compensation
ShareBasedCompensation
700000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
6200000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
6800000 usd
CY2023Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
4900000 usd
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y2M12D
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
105671000 shares
CY2023Q3 hiw Disposal Group Including Discontinued Operations Land
DisposalGroupIncludingDiscontinuedOperationsLand
513000 usd
CY2022Q4 hiw Disposal Group Including Discontinued Operations Land
DisposalGroupIncludingDiscontinuedOperationsLand
0 usd
CY2023Q3 hiw Disposal Group Including Discontinued Operations Building And Tenant Improvements
DisposalGroupIncludingDiscontinuedOperationsBuildingAndTenantImprovements
846000 usd
CY2022Q4 hiw Disposal Group Including Discontinued Operations Building And Tenant Improvements
DisposalGroupIncludingDiscontinuedOperationsBuildingAndTenantImprovements
0 usd
CY2023Q3 hiw Disposal Group Including Discontinued Operations Land Held For Development
DisposalGroupIncludingDiscontinuedOperationsLandHeldForDevelopment
3294000 usd
CY2022Q4 hiw Disposal Group Including Discontinued Operations Land Held For Development
DisposalGroupIncludingDiscontinuedOperationsLandHeldForDevelopment
0 usd
CY2023Q3 hiw Disposal Group Including Discontinued Operations Real Estate Investment Property Accumulated Depreciation
DisposalGroupIncludingDiscontinuedOperationsRealEstateInvestmentPropertyAccumulatedDepreciation
131000 usd
CY2022Q4 hiw Disposal Group Including Discontinued Operations Real Estate Investment Property Accumulated Depreciation
DisposalGroupIncludingDiscontinuedOperationsRealEstateInvestmentPropertyAccumulatedDepreciation
0 usd
CY2023Q3 hiw Disposal Group Including Discontinued Operations Real Estate Investment Property Net
DisposalGroupIncludingDiscontinuedOperationsRealEstateInvestmentPropertyNet
4522000 usd
CY2022Q4 hiw Disposal Group Including Discontinued Operations Real Estate Investment Property Net
DisposalGroupIncludingDiscontinuedOperationsRealEstateInvestmentPropertyNet
0 usd
CY2023Q3 us-gaap Disposal Group Including Discontinued Operation Other Assets
DisposalGroupIncludingDiscontinuedOperationOtherAssets
184000 usd
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Other Assets
DisposalGroupIncludingDiscontinuedOperationOtherAssets
0 usd
CY2023Q3 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
4706000 usd
CY2022Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
0 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
23171000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
40110000 usd
us-gaap Profit Loss
ProfitLoss
111995000 usd
us-gaap Profit Loss
ProfitLoss
134815000 usd
CY2023Q3 hiw Minority Interest In Net Income Loss Operating Partnerships Continuing Operations
MinorityInterestInNetIncomeLossOperatingPartnershipsContinuingOperations
453000 usd
CY2022Q3 hiw Minority Interest In Net Income Loss Operating Partnerships Continuing Operations
MinorityInterestInNetIncomeLossOperatingPartnershipsContinuingOperations
881000 usd
hiw Minority Interest In Net Income Loss Operating Partnerships Continuing Operations
MinorityInterestInNetIncomeLossOperatingPartnershipsContinuingOperations
2386000 usd
hiw Minority Interest In Net Income Loss Operating Partnerships Continuing Operations
MinorityInterestInNetIncomeLossOperatingPartnershipsContinuingOperations
3049000 usd
CY2023Q3 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable
-5000 usd
CY2022Q3 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable
357000 usd
us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable
-488000 usd
us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable
880000 usd
CY2023Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
622000 usd
CY2022Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
621000 usd
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1864000 usd
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1864000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
22101000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
38251000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
108233000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
129022000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
23171000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
40110000 usd
us-gaap Profit Loss
ProfitLoss
111995000 usd
us-gaap Profit Loss
ProfitLoss
134815000 usd
CY2023Q3 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable
-5000 usd
CY2022Q3 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable
357000 usd
us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable
-488000 usd
us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable
880000 usd
CY2023Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
622000 usd
CY2022Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
621000 usd
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1864000 usd
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1864000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
22554000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
39132000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
110619000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
132071000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
105671000 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
105184000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
105473000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
105094000 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2022Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
7000 shares
CY2023Q3 hiw Weighted Average Noncontrolling Interest Limited Partnership Units Outstanding Diluted
WeightedAverageNoncontrollingInterestLimitedPartnershipUnitsOutstandingDiluted
2161000 shares
CY2022Q3 hiw Weighted Average Noncontrolling Interest Limited Partnership Units Outstanding Diluted
WeightedAverageNoncontrollingInterestLimitedPartnershipUnitsOutstandingDiluted
2417000 shares
hiw Weighted Average Noncontrolling Interest Limited Partnership Units Outstanding Diluted
WeightedAverageNoncontrollingInterestLimitedPartnershipUnitsOutstandingDiluted
2289000 shares
hiw Weighted Average Noncontrolling Interest Limited Partnership Units Outstanding Diluted
WeightedAverageNoncontrollingInterestLimitedPartnershipUnitsOutstandingDiluted
2469000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
107832000 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
107601000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
107762000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
107570000 shares
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.21
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.36
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.03
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.23
CY2023Q3 us-gaap Revenues
Revenues
207095000 usd
CY2022Q3 us-gaap Revenues
Revenues
206997000 usd
us-gaap Revenues
Revenues
627138000 usd
us-gaap Revenues
Revenues
617216000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
139902000 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
140663000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
427907000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
427091000 usd
CY2023Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
74765000 usd
CY2022Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
73057000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
220416000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
212466000 usd
CY2023Q3 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2022Q3 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
1515000 usd
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
36515000 usd
CY2023Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
8873000 usd
CY2022Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9586000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
30668000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
32733000 usd
CY2023Q3 us-gaap Interest Expense
InterestExpense
34247000 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
26392000 usd
us-gaap Interest Expense
InterestExpense
101408000 usd
us-gaap Interest Expense
InterestExpense
75812000 usd
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
754000 usd
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
138000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3082000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
621000 usd
CY2023Q3 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
0 usd
CY2022Q3 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
9402000 usd
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
19818000 usd
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
63546000 usd
CY2023Q3 us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
0 usd
CY2022Q3 us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
0 usd
us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
11778000 usd
us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
0 usd
CY2023Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
400000 usd
CY2022Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
457000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1902000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1083000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
23171000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
40110000 usd
us-gaap Profit Loss
ProfitLoss
111995000 usd
us-gaap Profit Loss
ProfitLoss
134815000 usd
CY2023Q3 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
23171000 usd
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.03
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.23
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
105671000 shares
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2499558000 usd
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1411000 usd
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
3864000 usd
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
10000 usd
hiw Paymentsfor Redemptionof Common Units
PaymentsforRedemptionofCommonUnits
163000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
108233000 usd

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