2011 Form 10-K Financial Statement

#000104277612000005 Filed on February 28, 2012

View on sec.gov

Income Statement

Concept 2011 2010 Q4 2010 Q3
Revenue $525.1M $135.2M $134.1M
YoY Change 0.97% -9.48% -9.93%
Cost Of Revenue $202.5M $53.50M $44.40M
YoY Change 3.63% -6.63% -22.92%
Gross Profit $322.6M $81.80M $89.70M
YoY Change -1.68% -11.18% -1.86%
Gross Profit Margin 61.43% 60.49% 66.88%
Selling, General & Admin $25.10M $7.600M $6.600M
YoY Change -10.68% 22.58% 15.79%
% of Gross Profit 7.78% 9.29% 7.36%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $147.4M $38.10M $36.20M
YoY Change 12.55% -10.77% -10.84%
% of Gross Profit 45.7% 46.58% 40.36%
Operating Expenses $382.3M $42.40M $84.63M
YoY Change 8.47% -13.65% 83.98%
Operating Profit $142.8M $39.36M $49.49M
YoY Change -14.8% -8.47% 9.0%
Interest Expense $65.82M -$14.70M $15.78M
YoY Change -1.01% -19.23% -180.91%
% of Operating Profit 46.09% -37.35% 31.88%
Other Income/Expense, Net -$58.76M -$14.17M
YoY Change -2.66%
Pretax Income $84.10M $24.70M $35.30M
YoY Change -21.25% -0.8% -479.57%
Income Tax $5.000K $0.00 $0.00
% Of Pretax Income 0.01% 0.0% 0.0%
Net Earnings $225.0M $28.70M $40.58M
YoY Change 86.94% 10.81% -588.96%
Net Earnings / Revenue 42.86% 21.22% 30.26%
Basic Earnings Per Share $1.30 $0.17 $0.24
Diluted Earnings Per Share $1.30 $0.17 $0.23
COMMON SHARES
Basic Shares Outstanding 172.8M shares 172.7M shares
Diluted Shares Outstanding 173.0M shares 172.9M shares

Balance Sheet

Concept 2011 2010 Q4 2010 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $139.7M $56.70M $67.50M
YoY Change 146.38% 467.0% 290.17%
Cash & Equivalents $139.7M $56.72M $67.54M
Short-Term Investments
Other Short-Term Assets $9.900M $11.20M $36.80M
YoY Change -11.61% -47.91% 65.77%
Inventory
Prepaid Expenses
Receivables $130.3M $196.3M $191.7M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $279.9M $264.2M $296.0M
YoY Change 5.94% 20.2% 28.25%
LONG-TERM ASSETS
Property, Plant & Equipment $3.625B $3.603B $3.557B
YoY Change 0.61% -1.76% -3.35%
Goodwill $180.1M
YoY Change
Intangibles
YoY Change
Long-Term Investments $38.20M $42.02M $42.60M
YoY Change -9.05% -4.29% -4.05%
Other Assets $245.6M $210.3M $181.4M
YoY Change 16.79% 11.8% -5.08%
Total Long-Term Assets $4.168B $4.109B $4.094B
YoY Change 1.43% -1.59% -2.56%
TOTAL ASSETS
Total Short-Term Assets $279.9M $264.2M $296.0M
Total Long-Term Assets $4.168B $4.109B $4.094B
Total Assets $4.448B $4.373B $4.390B
YoY Change 1.7% -0.5% -0.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $123.0M $112.6M $99.90M
YoY Change 9.24% 15.25% -10.24%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $123.0M $112.6M $99.90M
YoY Change 9.24% 15.25% -10.24%
LONG-TERM LIABILITIES
Long-Term Debt $1.473B $1.403B $1.403B
YoY Change 4.99% -7.52% -8.48%
Other Long-Term Liabilities $78.90M $84.90M $89.30M
YoY Change -7.07% -14.24% -10.25%
Total Long-Term Liabilities $1.551B $1.487B $1.492B
YoY Change 4.3% -7.93% -8.59%
TOTAL LIABILITIES
Total Short-Term Liabilities $123.0M $112.6M $99.90M
Total Long-Term Liabilities $1.551B $1.487B $1.492B
Total Liabilities $1.676B $1.600B $1.598B
YoY Change 4.34% -6.92% -8.64%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $3.663B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.772B $2.767B $2.792B
YoY Change
Total Liabilities & Shareholders Equity $4.448B $4.373B $4.390B
YoY Change 1.7% -0.5% -0.95%

Cashflow Statement

Concept 2011 2010 Q4 2010 Q3
OPERATING ACTIVITIES
Net Income $225.0M $28.70M $40.58M
YoY Change 86.94% 10.81% -588.96%
Depreciation, Depletion And Amortization $147.4M $38.10M $36.20M
YoY Change 12.55% -10.77% -10.84%
Cash From Operating Activities $267.1M $71.90M $68.20M
YoY Change -3.14% 5.12% -7.21%
INVESTING ACTIVITIES
Capital Expenditures -$215.6M -$72.70M -$22.70M
YoY Change 430.66% 198.68%
Acquisitions
YoY Change
Other Investing Activities $252.6M $44.60M -$4.400M
YoY Change -414.96% -719.44% 7.32%
Cash From Investing Activities $36.98M -$28.30M -$27.00M
YoY Change -146.11% 35.41% 132.76%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $3.496M
YoY Change -101.88%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$221.1M -54.40M -54.70M
YoY Change 48.55% -0.91% -11.92%
NET CHANGE
Cash From Operating Activities $267.1M 71.90M 68.20M
Cash From Investing Activities $36.98M -28.30M -27.00M
Cash From Financing Activities -$221.1M -54.40M -54.70M
Net Change In Cash $82.97M -10.80M -13.50M
YoY Change 77.62% 45.95% 6650.0%
FREE CASH FLOW
Cash From Operating Activities $267.1M $71.90M $68.20M
Capital Expenditures -$215.6M -$72.70M -$22.70M
Free Cash Flow $482.7M $144.6M $90.90M
YoY Change 76.13% 12.08%

Facts In Submission

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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications</font></div><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior period amounts have been reclassified to conform to the current period financial statement presentation. The reclassifications relate to (i) the required presentation of income from discontinued operations for the 111 Sylvan Avenue building in Englewood Cliffs, New Jersey (sold in December 2010), the Eastpointe Corporate Center in Issaquah, Washington (sold in July 2011), the 5000 Corporate Court building in Holtsville, New York (sold in August 2011), and the 35 West Wacker Drive building in Chicago, Illinois (sold in December 2011), (ii) the disclosure of Restricted cash and escrows, which was formerly a component of Prepaid expenses and other assets, and (iii) the reclassification of Class A and Class B common shares as common stock (see Note 3 for further detail). All such reclassifications do not affect net income attributable to Piedmont as presented in previous years</font></div></div>
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CY2011 us-gaap Gain Loss On Interest Rate Cash Flow Hedge Ineffectiveness
GainLossOnInterestRateCashFlowHedgeIneffectiveness
0 USD
CY2010 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2011 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
24838000 USD
CY2010 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
28388000 USD
CY2010Q4 us-gaap Goodwill
Goodwill
180097000 USD
CY2011Q4 us-gaap Goodwill
Goodwill
180097000 USD
CY2011 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2009 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
35063000 USD
CY2010 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2009 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
15000 USD
CY2010 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
15000 USD
CY2011 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
15000 USD
CY2011 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
89519000 USD
CY2010 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
112114000 USD
CY2009 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
63136000 USD
CY2010 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.66
CY2011 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.52
CY2009 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.40
CY2011 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.52
CY2010 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.65
CY2009 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.40
CY2011 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
135537000 USD
CY2010 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
8280000 USD
CY2009 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
11579000 USD
CY2010Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
5268000 USD
CY2010Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-5214000 USD
CY2010Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
4024000 USD
CY2010Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
4202000 USD
CY2011Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
100662000 USD
CY2011Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
2645000 USD
CY2011Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
2755000 USD
CY2011Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
29475000 USD
CY2011 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
453000 USD
CY2009 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
463000 USD
CY2010 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
516000 USD
CY2009 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.07
CY2011 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.78
CY2010 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.05
CY2009 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.07
CY2010 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.05
CY2011 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.78
CY2010 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2633000 USD
CY2009 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
104000 USD
CY2011 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1619000 USD
CY2010 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0 USD
CY2011 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0 USD
CY2009 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0 USD
CY2011 us-gaap Increase Decrease In Lease Acquisition Costs
IncreaseDecreaseInLeaseAcquisitionCosts
50297000 USD
CY2010 us-gaap Increase Decrease In Lease Acquisition Costs
IncreaseDecreaseInLeaseAcquisitionCosts
17700000 USD
CY2011 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
760000 USD
CY2011 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
3511000 USD
CY2009 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
4607000 USD
CY2010 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
12058000 USD
CY2009 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1668000 USD
CY2011 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
13295000 USD
CY2010 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
5564000 USD
CY2010 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
697000 USD
CY2011 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-16134000 USD
CY2009 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
9586000 USD
CY2009 us-gaap Increase Decrease In Lease Acquisition Costs
IncreaseDecreaseInLeaseAcquisitionCosts
21155000 USD
CY2010 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1958000 USD
CY2009 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
175000 USD
CY2009 us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
10966000 USD
CY2011 us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
-18720000 USD
CY2010 us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
11818000 USD
CY2009 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
162000 shares
CY2010 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
214000 shares
CY2011 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
216000 shares
CY2010 us-gaap Interest Expense
InterestExpense
66486000 USD
CY2011 us-gaap Interest Expense
InterestExpense
65817000 USD
CY2009 us-gaap Interest Expense
InterestExpense
71464000 USD
CY2011 us-gaap Interest Paid Net
InterestPaidNet
66700000 USD
CY2010 us-gaap Interest Paid Net
InterestPaidNet
70200000 USD
CY2009 us-gaap Interest Paid Net
InterestPaidNet
75000000 USD
CY2011Q4 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
-2100000 USD
CY2011Q4 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
2537000 USD
CY2010Q4 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
691000 USD
CY2011Q4 us-gaap Land
Land
640196000 USD
CY2010Q4 us-gaap Land
Land
647653000 USD
CY2010Q4 us-gaap Liabilities
Liabilities
1600026000 USD
CY2011Q4 us-gaap Liabilities
Liabilities
1674406000 USD
CY2011Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4447834000 USD
CY2010Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4373480000 USD
CY2010Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
6700000 USD
CY2011Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
6700000 USD
CY2011Q4 us-gaap Long Term Debt
LongTermDebt
1472525000 USD
CY2011Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
140000000 USD
CY2011Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
185000000 USD
CY2011Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
467525000 USD
CY2011Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
105000000 USD
CY2011Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
575000000 USD
CY2011Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 USD
CY2010 us-gaap Management Fees Revenue
ManagementFeesRevenue
3212000 USD
CY2009 us-gaap Management Fees Revenue
ManagementFeesRevenue
3111000 USD
CY2011 us-gaap Management Fees Revenue
ManagementFeesRevenue
1584000 USD
CY2010Q4 us-gaap Minority Interest
MinorityInterest
6232000 USD
CY2011Q4 us-gaap Minority Interest
MinorityInterest
1609000 USD
CY2011 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
2684000 USD
CY2010 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-148842000 USD
CY2009 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-223206000 USD
CY2011 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-221103000 USD
CY2009 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-68666000 USD
CY2011 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
33732000 USD
CY2010 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-80194000 USD
CY2011 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
270343000 USD
CY2009 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
281543000 USD
CY2010 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
275750000 USD
CY2011 us-gaap Net Income Loss
NetIncomeLoss
225041000 USD
CY2010 us-gaap Net Income Loss
NetIncomeLoss
120379000 USD
CY2009 us-gaap Net Income Loss
NetIncomeLoss
74700000 USD
CY2010Q3 us-gaap Net Income Loss
NetIncomeLoss
40584000 USD
CY2010Q4 us-gaap Net Income Loss
NetIncomeLoss
28699000 USD
CY2010Q1 us-gaap Net Income Loss
NetIncomeLoss
31460000 USD
CY2010Q2 us-gaap Net Income Loss
NetIncomeLoss
19636000 USD
CY2011Q4 us-gaap Net Income Loss
NetIncomeLoss
119021000 USD
CY2011Q3 us-gaap Net Income Loss
NetIncomeLoss
51026000 USD
CY2011Q1 us-gaap Net Income Loss
NetIncomeLoss
33967000 USD
CY2011Q2 us-gaap Net Income Loss
NetIncomeLoss
21027000 USD
CY2010 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
531000 USD
CY2009 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
478000 USD
CY2011 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
468000 USD
CY2011 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-58853000 USD
CY2009 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-66953000 USD
CY2010 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-60367000 USD
CY2010Q4 us-gaap Notes And Loans Payable
NotesAndLoansPayable
1402525000 USD
CY2011Q4 us-gaap Notes And Loans Payable
NotesAndLoansPayable
1472525000 USD
CY2011Q4 us-gaap Notes Payable
NotesPayable
1472525000 USD
CY2010Q4 us-gaap Notes Payable
NotesPayable
1402525000 USD
CY2011Q4 us-gaap Notes Receivable Net
NotesReceivableNet
0 USD
CY2010Q4 us-gaap Notes Receivable Net
NotesReceivableNet
61144000 USD
CY2010Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
48959000 USD
CY2011Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
49037000 USD
CY2009 us-gaap Operating Expenses
OperatingExpenses
412563000 USD
CY2010 us-gaap Operating Expenses
OperatingExpenses
360559000 USD
CY2011 us-gaap Operating Expenses
OperatingExpenses
393270000 USD
CY2009 us-gaap Operating Income Loss
OperatingIncomeLoss
130089000 USD
CY2010 us-gaap Operating Income Loss
OperatingIncomeLoss
172481000 USD
CY2011 us-gaap Operating Income Loss
OperatingIncomeLoss
148372000 USD
CY2010Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
49485000 USD
CY2010Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
40538000 USD
CY2010Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
43100000 USD
CY2010Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
39358000 USD
CY2011Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
37397000 USD
CY2011Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
36436000 USD
CY2011Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
41267000 USD
CY2011Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
33272000 USD
CY2011Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
311957000 USD
CY2011Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
326157000 USD
CY2011Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
372971000 USD
CY2011Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
1262099000 USD
CY2010 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
408375000 USD
CY2009 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
409905000 USD
CY2011Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
78618000 USD
CY2011Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
750000 USD
CY2011Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
749000 USD
CY2011Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
749000 USD
CY2011Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
750000 USD
CY2011Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
750000 USD
CY2011Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
74870000 USD
CY2011Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
2931147000 USD
CY2011Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
385071000 USD
CY2011Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
272892000 USD
CY2011 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
419141000 USD
CY2009 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease
5091000 USD
CY2011 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease
-1846000 USD
CY2010 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease
3175000 USD
CY2010 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
3486000 USD
CY2009 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
4407000 USD
CY2011 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
2774000 USD
CY2009 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2011 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3244000 USD
CY2010 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2010 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
710000 USD
CY2009 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
93000 USD
CY2011 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3367000 USD
CY2010 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
173000 USD
CY2009 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
57000 USD
CY2011 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
151000 USD
CY2011 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
215609000 USD
CY2010 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
114147000 USD
CY2009 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
37454000 USD
CY2011 us-gaap Payments To Acquire Receivables
PaymentsToAcquireReceivables
0 USD
CY2009 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
0 USD
CY2009 us-gaap Payments To Acquire Receivables
PaymentsToAcquireReceivables
10000000 USD
CY2010 us-gaap Payments To Acquire Receivables
PaymentsToAcquireReceivables
0 USD
CY2011 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
95000 USD
CY2009 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 USD
CY2010 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 USD
CY2011Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0
CY2010Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0
CY2011Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2010Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2011Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2010Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2011Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2010Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2010Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
11249000 USD
CY2011Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
9911000 USD
CY2010 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
51637000 USD
CY2009 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
0 USD
CY2011 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
291785000 USD
CY2011 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
-252000 USD
CY2009 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
90581000 USD
CY2010 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
185774000 USD
CY2011 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
829000000 USD
CY2010 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
25000000 USD
CY2009 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
181000000 USD
CY2011 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
3036000 USD
CY2009 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 USD
CY2010 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
189000 USD
CY2009 us-gaap Profit Loss
ProfitLoss
74715000 USD
CY2010 us-gaap Profit Loss
ProfitLoss
120394000 USD
CY2011 us-gaap Profit Loss
ProfitLoss
225056000 USD
CY2011Q4 us-gaap Property Subject To Or Available For Operating Lease Number Of Units
PropertySubjectToOrAvailableForOperatingLeaseNumberOfUnits
3 property
CY2010 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
800000 USD
CY2011 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
84681000 USD
CY2009 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
0 USD
CY2010 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
13519000 USD
CY2011Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
4047964000 USD
CY2011Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
651347000 USD
CY2011Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land And Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfLandAndBuildingsAndImprovements
4699311000 USD
CY2011Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Improvements
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements
117348000 USD
CY2011Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
3960632000 USD
CY2011Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
621331000 USD
CY2011 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
361397000 USD
CY2010 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
72586000 USD
CY2010Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
4666188000 USD
CY2008Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
4739791000 USD
CY2011Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
4699311000 USD
CY2009Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
4681313000 USD
CY2009 us-gaap Real Estate Improvements
RealEstateImprovements
30610000 USD
CY2011 us-gaap Real Estate Improvements
RealEstateImprovements
440141000 USD
CY2010 us-gaap Real Estate Improvements
RealEstateImprovements
105282000 USD
CY2010Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
3676828000 USD
CY2011Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
3704051000 USD
CY2009 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
188100000 USD
CY2011 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
822875000 USD
CY2010 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
139000000 USD
CY2011Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
9039000 USD
CY2010Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
12475000 USD
CY2010 us-gaap Revenues
Revenues
533040000 USD
CY2009 us-gaap Revenues
Revenues
542652000 USD
CY2011 us-gaap Revenues
Revenues
541642000 USD
CY2010Q2 us-gaap Revenues
Revenues
131147000 USD
CY2010Q3 us-gaap Revenues
Revenues
134116000 USD
CY2010Q4 us-gaap Revenues
Revenues
135232000 USD
CY2010Q1 us-gaap Revenues
Revenues
132545000 USD
CY2011Q3 us-gaap Revenues
Revenues
134414000 USD
CY2011Q2 us-gaap Revenues
Revenues
137165000 USD
CY2011Q1 us-gaap Revenues
Revenues
132570000 USD
CY2011Q4 us-gaap Revenues
Revenues
137493000 USD
CY2011 pdm Disposal Group Including Discontinued Operation Tenant Reimbursement
DisposalGroupIncludingDiscontinuedOperationTenantReimbursement
18566000 USD
CY2010 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
184404000 USD
CY2009 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
107700000 USD
CY2011 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
3083000 USD
CY2010 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2809000 USD
CY2009 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2566000 USD
CY2010 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
2902000 USD
CY2009 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
128344000 USD
CY2010 us-gaap Share Based Compensation
ShareBasedCompensation
3681000 USD
CY2009 us-gaap Share Based Compensation
ShareBasedCompensation
2878000 USD
CY2011 us-gaap Share Based Compensation
ShareBasedCompensation
4705000 USD
CY2011 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
170659 shares
CY2011 us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
300000000 USD
CY2011 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
199400 shares
CY2011 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
3244000 USD
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
2771819000 USD
CY2010Q4 us-gaap Stockholders Equity
StockholdersEquity
2767222000 USD
CY2010Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2773454000 USD
CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2773428000 USD
CY2009Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2606882000 USD
CY2008Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2702294000 USD
CY2011 us-gaap Tenant Reimbursements
TenantReimbursements
115879000 USD
CY2010 us-gaap Tenant Reimbursements
TenantReimbursements
114795000 USD
CY2009 us-gaap Tenant Reimbursements
TenantReimbursements
126872000 USD
CY2011 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the accompanying consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the accompanying consolidated financial statements and notes. Actual results could differ from those estimates.</font></div></div>
CY2009 us-gaap Valuation Allowances And Reserves Recoveries
ValuationAllowancesAndReservesRecoveries
200000 USD
CY2011 us-gaap Valuation Allowances And Reserves Recoveries
ValuationAllowancesAndReservesRecoveries
400000 USD
CY2011 us-gaap Variable Interest Entity Initial Consolidation Gain Or Loss
VariableInterestEntityInitialConsolidationGainOrLoss
1532000 USD
CY2010 us-gaap Variable Interest Entity Initial Consolidation Gain Or Loss
VariableInterestEntityInitialConsolidationGainOrLoss
0 USD
CY2009 us-gaap Variable Interest Entity Initial Consolidation Gain Or Loss
VariableInterestEntityInitialConsolidationGainOrLoss
0 USD
CY2011 us-gaap Variable Interest Entity Similar Entity Aggregation Description
VariableInterestEntitySimilarEntityAggregationDescription
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width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="10%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="12%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="8%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="8%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="26%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Entity</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px 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style="padding-bottom:1px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Unconsolidated</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Net Carrying Amount as of</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">December&#160;31,</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2011</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Net Carrying Amount as of</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">December&#160;31,</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2010</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-bottom:1px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Primary Beneficiary</font></div><div style="padding-bottom:1px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Considerations</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1201 Eye Street NW Associates, LLC</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">49.5</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="vertical-align:top;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;vertical-align:top;">1201&#160;Eye</font></div><div style="vertical-align:top;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;vertical-align:top;">Street</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Consolidated</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(1.6</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">0.3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">In accordance with the partnership&#8217;s governing documents, Piedmont is entitled to 100% of the cash flow of the entity and has sole discretion in directing the management and leasing activities of the building.</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1225 Eye Street NW Associates, LLC</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">49.5</font></div></td><td style="vertical-align:top;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="vertical-align:top;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;vertical-align:top;">1225 Eye</font></div><div style="vertical-align:top;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;vertical-align:top;">Street</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Consolidated</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">$</font></div></td><td style="vertical-align:top;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">0.6</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:top;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1.9</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">In accordance with the partnership&#8217;s governing documents, Piedmont is entitled to 100% of the cash flow of the entity and has sole discretion in directing the management and leasing activities of the building.</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Wells REIT Multi-State Owner, LLC</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">100</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1200 Crown Colony Drive</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Consolidated</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">28.0</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">21.8</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">In accordance with a tenant's lease, if Piedmont sells the property on or before March 2013, then the tenant would be entitled to an equity participation fee.</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Piedmont 500 W. Monroe Fee, LLC</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">100</font></div></td><td style="vertical-align:top;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">500 W. Monroe</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Consolidated</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">$</font></div></td><td style="vertical-align:top;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">76.9</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:top;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The Omnibus Agreement with the previous owner includes equity participation rights for the previous owner, if certain financial returns are achieved; however, Piedmont has sole decision making authority and is entitled to the economic benefits of the property until such returns are met.</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Suwanee Gateway One, LLC</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">100</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="vertical-align:top;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;vertical-align:top;">Suwanee</font></div><div style="vertical-align:top;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;vertical-align:top;">Gateway</font></div><div style="vertical-align:top;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;vertical-align:top;">One</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Consolidated</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">7.7</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">7.8</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The fee agreement includes equity participation rights for the incentive manager, if certain returns on investment are achieved; however, Piedmont has sole decision making authority and is entitled to the economic benefits of the property until such returns are met.</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Medici Atlanta, LLC</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">100</font></div></td><td style="vertical-align:top;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The Medici</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Consolidated</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">$</font></div></td><td style="vertical-align:top;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">13.0</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:top;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The fee agreement includes equity participation rights for the incentive manager, if certain returns on investment are achieved; however, Piedmont has sole decision making authority and is entitled to the economic benefits of the property until such returns are met.</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">400 TownPark, LLC</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">100</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">400 TownPark</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Consolidated</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">23.7</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The fee agreement includes equity participation rights for the incentive manager, if certain returns on investment are achieved; however, Piedmont has sole decision making authority and is entitled to the economic benefits of the property until such returns are met.</font></div></td></tr></table></div></div></div>
CY2009 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
158580990 shares
CY2010 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
170967324 shares
CY2011 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
172980947 shares
CY2009 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
158419262 shares
CY2011 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
172764838 shares
CY2010 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
170752520 shares
CY2010 pdm Additional Paid In Capital Change In Redeemable Common Stock Outstanding
AdditionalPaidInCapitalChangeInRedeemableCommonStockOutstanding
-75164000 USD
CY2009 pdm Additional Paid In Capital Change In Redeemable Common Stock Outstanding
AdditionalPaidInCapitalChangeInRedeemableCommonStockOutstanding
-37763000 USD
CY2009 pdm Adjustment For Amortization Continuing Operations
AdjustmentForAmortizationContinuingOperations
46359000 USD
CY2011 pdm Adjustment For Amortization Continuing Operations
AdjustmentForAmortizationContinuingOperations
54903000 USD
CY2010 pdm Adjustment For Amortization Continuing Operations
AdjustmentForAmortizationContinuingOperations
38021000 USD
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DisposalGroupIncludingDiscontinuedOperationRentalIncome
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CY2011Q4 pdm Intangible Lease Liabilities Accumulated Amortization
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CY2010 pdm Disposal Group Including Discontinued Operation Tenant Reimbursement
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CY2011 pdm Dividend Reinvestment Plan Shareholders Discount
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CY2010 pdm Dividends Minority Interest Decrease From Distributions To Noncontrolling Interest Holders And Stock Issued During Period Value Dividend Reinvestment Plan
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CY2011 pdm Dividends Minority Interest Decrease From Distributions To Noncontrolling Interest Holders And Stock Issued During Period Value Dividend Reinvestment Plan
DividendsMinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHoldersAndStockIssuedDuringPeriodValueDividendReinvestmentPlan
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CY2009 pdm Dividends Minority Interest Decrease From Distributions To Noncontrolling Interest Holders And Stock Issued During Period Value Dividend Reinvestment Plan
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CY2009 pdm Gains Losses On Extinguishment Of Debt Actual Cash Impact
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CY2010 pdm Gains Losses On Extinguishment Of Debt Actual Cash Impact
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CY2011 pdm Gains Losses On Extinguishment Of Debt Actual Cash Impact
GainsLossesOnExtinguishmentOfDebtActualCashImpact
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CY2010 pdm Income Loss From Continuing Operations Attributable To Noncontrolling Interest Per Basic Share
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CY2009 pdm Income Loss From Continuing Operations Attributable To Noncontrolling Interest Per Basic Share
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CY2010 pdm Income Loss From Continuing Operations Attributable To Noncontrolling Interest Per Diluted Share
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0.00
CY2011 pdm Income Loss From Equity Method Investments Actual Cash Impact
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CY2009 pdm Income Loss From Equity Method Investments Actual Cash Impact
IncomeLossFromEquityMethodInvestmentsActualCashImpact
104000 USD
CY2010 pdm Income Loss From Equity Method Investments Actual Cash Impact
IncomeLossFromEquityMethodInvestmentsActualCashImpact
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IncomeReconciliationDeductionsNetAmortizationOfLeaseIntangibles
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CY2009 pdm Income Reconciliation Deductions Rental Income Accrued
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CY2010 pdm Income Reconciliation Deductions Rental Income Accrued
IncomeReconciliationDeductionsRentalIncomeAccrued
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CY2009 pdm Income Reconciliation Gain On Disposal Of Property
IncomeReconciliationGainOnDisposalOfProperty
0 USD
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IncomeReconciliationGainOnDisposalOfProperty
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IncomeReconciliationGainOnDisposalOfProperty
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CY2009 pdm Income Reconciliation Nondeductible Expense Depreciation And Amortization
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CY2010 pdm Income Reconciliation Nondeductible Expense Depreciation And Amortization
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CY2011 pdm Income Reconciliation Nondeductible Expense Depreciation And Amortization
IncomeReconciliationNondeductibleExpenseDepreciationAndAmortization
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IncomeReconciliationNondeductibleExpenseOtherExpenses
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CY2009 pdm Income Reconciliation Taxable Income
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CY2011 pdm Income Reconciliation Taxable Income
IncomeReconciliationTaxableIncome
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CY2010 pdm Income Reconciliation Taxable Income
IncomeReconciliationTaxableIncome
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CY2011 pdm Income Tax Basis Net Income Prior To Dividends Paid Deduction
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CY2010 pdm Income Tax Basis Net Income Prior To Dividends Paid Deduction
IncomeTaxBasisNetIncomePriorToDividendsPaidDeduction
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CY2009 pdm Income Tax Basis Net Income Prior To Dividends Paid Deduction
IncomeTaxBasisNetIncomePriorToDividendsPaidDeduction
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CY2009 pdm Increase Decrease In Accrued Capital Expenditures Anddeferred Lease Costs
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CY2010 pdm Increase Decrease In Accrued Capital Expenditures Anddeferred Lease Costs
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8218000 USD
CY2009 pdm Increase Decrease In Deferred Offering Costs
IncreaseDecreaseInDeferredOfferingCosts
0 USD
CY2010 pdm Increase Decrease In Deferred Offering Costs
IncreaseDecreaseInDeferredOfferingCosts
1370000 USD
CY2011 pdm Increase Decrease In Deferred Offering Costs
IncreaseDecreaseInDeferredOfferingCosts
227000 USD
CY2011 pdm Increase Decrease In Discounts Due To Redemptions Of Common Stock
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0 USD
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IncreaseDecreaseInDiscountsDueToRedemptionsOfCommonStock
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CY2010 pdm Increase Decrease In Discounts Due To Redemptions Of Common Stock
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0 USD
CY2010Q4 pdm Investment Building And Building Improvements Net
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2943995000 USD
CY2011Q4 pdm Investment Building And Building Improvements Net
InvestmentBuildingAndBuildingImprovementsNet
2967254000 USD
CY2011 pdm Letter Of Credit Renewal Period
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CY2011 pdm Liabilities Assumed Upon Consolidation Of Variable Interest Entity
LiabilitiesAssumedUponConsolidationOfVariableInterestEntity
191814000 USD
CY2010 pdm Liabilities Assumed Upon Consolidation Of Variable Interest Entity
LiabilitiesAssumedUponConsolidationOfVariableInterestEntity
0 USD
CY2009 pdm Liabilities Assumed Upon Consolidation Of Variable Interest Entity
LiabilitiesAssumedUponConsolidationOfVariableInterestEntity
0 USD
CY2009 pdm Net Assets Assumed Upon Consolidation Of Variable Interest Entity Net Of Notes Receivable Previously Recorded
NetAssetsAssumedUponConsolidationOfVariableInterestEntityNetOfNotesReceivablePreviouslyRecorded
0 USD
CY2011 pdm Net Assets Assumed Upon Consolidation Of Variable Interest Entity Net Of Notes Receivable Previously Recorded
NetAssetsAssumedUponConsolidationOfVariableInterestEntityNetOfNotesReceivablePreviouslyRecorded
188283000 USD
CY2010 pdm Net Assets Assumed Upon Consolidation Of Variable Interest Entity Net Of Notes Receivable Previously Recorded
NetAssetsAssumedUponConsolidationOfVariableInterestEntityNetOfNotesReceivablePreviouslyRecorded
0 USD
CY2010Q1 pdm Number Of Classes Of Common Stock
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CY2011Q4 pdm Number Of Classes Of Common Stock
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1
CY2010Q4 pdm Number Of Investments
NumberOfInvestments
2
CY2011Q4 pdm Number Of Metropolitan Areas In Which Entity Operates
NumberOfMetropolitanAreasInWhichEntityOperates
18 area
CY2010 pdm Number Of Notes Receivable
NumberOfNotesReceivable
2
CY2010 pdm Number Of Notes Receivable Matured
NumberOfNotesReceivableMatured
1
CY2011Q4 pdm Number Of Unconsolidated Joint Venture Partnerships
NumberOfUnconsolidatedJointVenturePartnerships
3
CY2011 pdm Number Of Wholly Owned Management Subsidiaries
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2
CY2011 pdm Payments For Redemptions Of Common Stock
PaymentsForRedemptionsOfCommonStock
0 USD
CY2010 pdm Payments For Redemptions Of Common Stock
PaymentsForRedemptionsOfCommonStock
2918000 USD
CY2009 pdm Payments For Redemptions Of Common Stock
PaymentsForRedemptionsOfCommonStock
107643000 USD
CY2011 pdm Payments Of Dividends Common Stock Distributions To Noncontrolling Interest And Discount On Dividend Reinvestment
PaymentsOfDividendsCommonStockDistributionsToNoncontrollingInterestAndDiscountOnDividendReinvestment
220365000 USD
CY2009 pdm Payments Of Dividends Common Stock Distributions To Noncontrolling Interest And Discount On Dividend Reinvestment
PaymentsOfDividendsCommonStockDistributionsToNoncontrollingInterestAndDiscountOnDividendReinvestment
198951000 USD
CY2010 pdm Payments Of Dividends Common Stock Distributions To Noncontrolling Interest And Discount On Dividend Reinvestment
PaymentsOfDividendsCommonStockDistributionsToNoncontrollingInterestAndDiscountOnDividendReinvestment
216988000 USD
CY2011Q4 pdm Real Estate Accumulated Depreciation And Amortization
RealEstateAccumulatedDepreciationAndAmortization
935716000 USD
CY2010Q4 pdm Real Estate Accumulated Depreciation And Amortization
RealEstateAccumulatedDepreciationAndAmortization
918578000 USD
CY2009Q4 pdm Real Estate Accumulated Depreciation And Amortization
RealEstateAccumulatedDepreciationAndAmortization
840545000 USD
CY2008Q4 pdm Real Estate Accumulated Depreciation And Amortization
RealEstateAccumulatedDepreciationAndAmortization
748778000 USD
CY2010 pdm Real Estate Accumulated Depreciation Write Offs Of Fully Depreciated And Amortized Assets
RealEstateAccumulatedDepreciationWriteOffsOfFullyDepreciatedAndAmortizedAssets
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CY2009 pdm Real Estate Accumulated Depreciation Write Offs Of Fully Depreciated And Amortized Assets
RealEstateAccumulatedDepreciationWriteOffsOfFullyDepreciatedAndAmortizedAssets
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CY2011 pdm Real Estate Accumulated Depreciation Write Offs Of Fully Depreciated And Amortized Assets
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-9705000 USD
CY2010 pdm Real Estate Accumulated Depreciation Write Offs Of Intangible Assets
RealEstateAccumulatedDepreciationWriteOffsOfIntangibleAssets
0 USD
CY2011 pdm Real Estate Accumulated Depreciation Write Offs Of Intangible Assets
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CY2009 pdm Real Estate Accumulated Depreciation Write Offs Of Intangible Assets
RealEstateAccumulatedDepreciationWriteOffsOfIntangibleAssets
0 USD
CY2011Q4 pdm Real Estate And Accumulated Depreciation Initial Cost
RealEstateAndAccumulatedDepreciationInitialCost
4581963000 USD
CY2010 pdm Real Estate Assets Impaired
RealEstateAssetsImpaired
8489000 USD
CY2011 pdm Real Estate Assets Impaired
RealEstateAssetsImpaired
0 USD
CY2009 pdm Real Estate Assets Impaired
RealEstateAssetsImpaired
38379000 USD
CY2009 pdm Real Estate Write Offs Of Fully Depreciated And Amortized Assets
RealEstateWriteOffsOfFullyDepreciatedAndAmortizedAssets
-48369000 USD
CY2011 pdm Real Estate Write Offs Of Fully Depreciated And Amortized Assets
RealEstateWriteOffsOfFullyDepreciatedAndAmortizedAssets
-9705000 USD
CY2010 pdm Real Estate Write Offs Of Fully Depreciated And Amortized Assets
RealEstateWriteOffsOfFullyDepreciatedAndAmortizedAssets
-39332000 USD
CY2010 pdm Real Estate Write Offs Of Intangible Assets
RealEstateWriteOffsOfIntangibleAssets
0 USD
CY2011 pdm Real Estate Write Offs Of Intangible Assets
RealEstateWriteOffsOfIntangibleAssets
-35916000 USD
CY2009 pdm Real Estate Write Offs Of Intangible Assets
RealEstateWriteOffsOfIntangibleAssets
-2340000 USD
CY2011 pdm Redeemable Common Stock Value
RedeemableCommonStockValue
0 USD
CY2010 pdm Redeemable Common Stock Value
RedeemableCommonStockValue
75164000 USD
CY2009 pdm Redeemable Common Stock Value
RedeemableCommonStockValue
37763000 USD
CY2011Q4 pdm Shares In Trust Authorized
SharesInTrustAuthorized
150000000 shares
CY2010Q4 pdm Shares In Trust Outstanding
SharesInTrustOutstanding
0 shares
CY2011Q4 pdm Shares In Trust Outstanding
SharesInTrustOutstanding
0 shares
CY2011 pdm Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Amortization Of Nonvested Shares
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAmortizationOfNonvestedShares
5300000 USD
CY2010Q4 pdm Shares In Trust Authorized
SharesInTrustAuthorized
150000000 shares
CY2010 pdm Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Amortization Of Nonvested Shares
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAmortizationOfNonvestedShares
3700000 USD
CY2009 pdm Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Amortization Of Nonvested Shares
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAmortizationOfNonvestedShares
2300000 USD
CY2009 pdm Stock Issued In Noncash Activities Discounts Applied
StockIssuedInNoncashActivitiesDiscountsApplied
-17392000 USD
CY2011 pdm Stock Issued In Noncash Activities Discounts Applied
StockIssuedInNoncashActivitiesDiscountsApplied
0 USD
CY2010 pdm Stock Issued In Noncash Activities Discounts Applied
StockIssuedInNoncashActivitiesDiscountsApplied
0 USD
CY2011Q4 pdm Tax Basis Of Total Assets
TaxBasisOfTotalAssets
4300000000 USD
CY2011Q4 pdm Tenant Receivables Including Straight Line Rental Revenue Receivables
TenantReceivablesIncludingStraightLineRentalRevenueReceivables
129523000 USD
CY2010Q4 pdm Tenant Receivables Including Straight Line Rental Revenue Receivables
TenantReceivablesIncludingStraightLineRentalRevenueReceivables
134006000 USD
CY2011 dei Amendment Flag
AmendmentFlag
false
CY2011 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2011 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2011 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2011
CY2011 dei Document Period End Date
DocumentPeriodEndDate
2011-12-31
CY2011 dei Document Type
DocumentType
10-K
CY2011 dei Entity Central Index Key
EntityCentralIndexKey
0001042776
CY2012Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
172629748 shares
CY2011 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2011 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2011Q2 dei Entity Public Float
EntityPublicFloat
3227154379 USD
CY2011 dei Entity Registrant Name
EntityRegistrantName
Piedmont Office Realty Trust, Inc.
CY2011 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2011 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes

Files In Submission

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