|
Q3 FY2026
As of Sep 30, 2026
|
Q2 FY2026
As of Jun 30, 2026
|
Q1 FY2026
As of Mar 31, 2026
|
Q4 FY2025
As of Dec 31, 2025
|
Q3 FY2025
As of Sep 30, 2025
|
Q2 FY2025
As of Jun 30, 2025
|
Q1 FY2025
As of Mar 31, 2025
|
Q4 FY2024
As of Dec 31, 2024
|
Q3 FY2024
As of Sep 30, 2024
|
Q2 FY2024
As of Jun 30, 2024
|
Q1 FY2024
As of Mar 31, 2024
|
Q4 FY2023
As of Dec 31, 2023
|
Q3 FY2023
As of Sep 30, 2023
|
Q2 FY2023
As of Jun 30, 2023
|
Q1 FY2023
As of Mar 31, 2023
|
Q4 FY2022
As of Dec 31, 2022
|
Q3 FY2022
As of Sep 30, 2022
|
Q2 FY2022
As of Jun 30, 2022
|
Q1 FY2022
As of Mar 31, 2022
|
Q4 FY2021
As of Dec 31, 2021
|
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets: | ||||||||||||||||||||
| Real estate assets, at cost: | ||||||||||||||||||||
| Land | ||||||||||||||||||||
| Buildings and improvements, less accumulated depreciation of $1,356,637 and $1,250,436 as of September 30, 2026 and December 31, 2025, respectively | ||||||||||||||||||||
| Intangible lease assets, less accumulated amortization of $68,465 and $73,824 as of September 30, 2026 and December 31, 2025, respectively | ||||||||||||||||||||
| Construction in progress | ||||||||||||||||||||
| Real estate assets held for sale, net | ||||||||||||||||||||
| Total real estate assets | ||||||||||||||||||||
| Cash and cash equivalents | ||||||||||||||||||||
| Tenant receivables | ||||||||||||||||||||
| Straight-line rent receivables | ||||||||||||||||||||
| Restricted cash and escrows | ||||||||||||||||||||
| Prepaid expenses and other assets | ||||||||||||||||||||
| Goodwill | ||||||||||||||||||||
| Interest rate swaps | ||||||||||||||||||||
| Deferred lease costs, less accumulated amortization of $228,978 and $206,101 as of September 30, 2026 and December 31, 2025, respectively | ||||||||||||||||||||
| Other assets held for sale, net | ||||||||||||||||||||
| Total assets | ||||||||||||||||||||
| Liabilities: | ||||||||||||||||||||
| Unsecured debt, net of unamortized discount and debt issuance costs of $27,182 and $23,368 as of September 30, 2026 and December 31, 2025, respectively | ||||||||||||||||||||
| Secured debt | ||||||||||||||||||||
| Accounts payable, accrued expenses and accrued capital expenditures | ||||||||||||||||||||
| Dividends payable | ||||||||||||||||||||
| Deferred income | ||||||||||||||||||||
| Intangible lease liabilities, less accumulated amortization of $31,434 and $35,036 as of September 30, 2026 and December 31, 2025, respectively | ||||||||||||||||||||
| Interest rate swaps | ||||||||||||||||||||
| Other liabilities held for sale | ||||||||||||||||||||
| Total liabilities | ||||||||||||||||||||
| Commitments and Contingencies (Note 8) | ||||||||||||||||||||
| Stockholders’ Equity: | ||||||||||||||||||||
| Shares-in-trust, 150,000,000 shares authorized; none outstanding as of September 30, 2026 or December 31, 2025 | ||||||||||||||||||||
| Preferred stock, no par value, 100,000,000 shares authorized; none outstanding as of September 30, 2026 or December 31, 2025 | ||||||||||||||||||||
| Common stock, $0.01 par value, 750,000,000 shares authorized; 123,813,969 and 124,519,278 shares issued and outstanding as of September 30, 2026 and December 31, 2025, respectively | ||||||||||||||||||||
| Additional paid-in capital | ||||||||||||||||||||
| Cumulative distributions in excess of earnings | ||||||||||||||||||||
| Accumulated other comprehensive loss | ||||||||||||||||||||
| Piedmont stockholders’ equity | ||||||||||||||||||||
| Noncontrolling interest | ||||||||||||||||||||
| Total stockholders’ equity | ||||||||||||||||||||
| Total liabilities and stockholders’ equity | ||||||||||||||||||||
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