Income Statement [Abstract]
Statement [Table]
Statement [Table]
Legal Entity [Axis]
Entity [Domain]
Statement [Line Items]
Statement [Line Items]
Revenues:
Revenues [Abstract]
Rental income
Operating Leases, Income Statement, Lease Revenue
Tenant reimbursements
Tenant Reimbursements
Property management fee revenue
Management Fees Revenue
Other rental income
Gain (Loss) on Contract Termination
Total revenues
Revenues
Expenses:
Operating Expenses [Abstract]
Property operating costs
Direct Costs of Leased and Rented Property or Equipment
Depreciation
Depreciation, Continuing Operations
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives, from continuing operations.
Amortization
Adjustment for Amortization, Continuing Operations
The aggregate amount of recurring noncash expense charged against earnings in the period to allocate the cost of assets over their estimated remaining economic lives, from continuing operations.
General and administrative
General and Administrative Expense
Operating Expenses
Operating Expenses
Real estate operating income
Operating Income (Loss)
Other income (expense):
Nonoperating Income (Expense) [Abstract]
Interest expense
Interest Expense
Interest and other (expense)/income
Other Nonoperating Income
Equity in income of unconsolidated joint ventures
Income (Loss) from Equity Method Investments
Gain on consolidation of variable interest entity
Variable Interest Entity, Initial Consolidation, Gain (Loss)
Nonoperating Income (Expense)
Nonoperating Income (Expense)
Income from continuing operations
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest
Discontinued operations:
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent [Abstract]
Operating income
Disposal Group, Including Discontinued Operation, Operating Income (Loss)
Impairment loss
Disposal Group, Including Discontinued Operation, Loss on Write Down
Disposal Group Including Discontinued Operation Loss on Write Down
Gain on sale of real estate assets
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax
Income from discontinued operations
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
Net income
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
Less: Net income attributable to noncontrolling interest
Income (Loss) from Continuing Operations Attributable to Noncontrolling Interest
Net income attributable to Piedmont
Net Income (Loss) Attributable to Parent
Per share information – basic:
Earnings Per Share, Basic [Abstract]
Income from continuing operations
Income (Loss) from Continuing Operations, Per Basic Share
Income from discontinued operations
Income (Loss) from Discontinued Operations, Net of Tax, Per Basic Share
Net income available to common stockholders
Earnings Per Share, Basic
Per share information – diluted:
Earnings Per Share, Diluted [Abstract]
Income from continuing operations
Income (Loss) from Continuing Operations, Per Diluted Share
Income from discontinued operations
Income (Loss) from Discontinued Operations, Net of Tax, Per Diluted Share
Net income available to common stockholders
Earnings Per Share, Diluted
Weighted-average common shares outstanding - basic (in shares)
Weighted Average Number of Shares Outstanding, Basic
Weighted-average common shares outstanding - diluted (in shares)
Weighted Average Number of Shares Outstanding, Diluted
Derivative Instruments [Abstract]
Derivative Instruments [Abstract]
Derivative [Table]
Derivative [Table]
Long-term and Short-term Debt, Type [Axis]
Long-term and Short-term Debt, Type [Axis]
Long-term and Short-term Debt, Type [Domain]
Long-term and Short-term Debt, Type [Domain]
Unsecured Debt [Member]
Secured Debt [Member]
Debt Instrument [Axis]
Debt Instrument, Name [Domain]
Unsecured $250 Million Term Loan [Member]
Unsecured 250Million Term Loan [Member]
Unsecured 250Million Term Loan [Member]
500 W. Monroe Mezzanine I Loan- A Participation $45 Million [Member]
Mezzanine I Loan-A Participation, 500 W. Monroe Building [Member]
W. Monroe, 500 Mezzanine I Loan-A Participation [Member]
Derivative Instruments, Gain (Loss) by Income Statement Location [Axis]
Interest Expense [Member]
Derivative Instrument Risk [Axis]
Derivative Contract Type [Domain]
Interest Rate Contract [Member]
Interest Rate Swap [Member]
Interest Rate Cap [Member]
Interest Rate Cap 1 [Member]
Interest Rate Cap 1 [Member]
Interest Rate Cap 2 [Member]
Interest Rate Cap 2 [Member]
Derivative [Line Items]
Derivative [Line Items]
Debt Instrument, Face Amount
Debt Instrument, Face Amount
Notional Amount
Notional Amount of Interest Rate Cash Flow Hedge Derivatives
Amount of loss recognized in OCI on derivative
Unrealized Gain (Loss) on Interest Rate Cash Flow Hedges, Pretax, Accumulated Other Comprehensive Income (Loss)
Amount of previously recorded loss reclassified from accumulated OCI into interest expense
Interest Rate Cash Flow Hedge Gain (Loss) Reclassified to Earnings, Net
Gain (Loss) on Interest Rate Cash Flow Hedge Ineffectiveness
Interest Rate Cash Flow Hedge Gain (Loss) to be Reclassified During Next 12 Months, Net
Interest Rate Cash Flow Hedge Gain (Loss) to be Reclassified During Next 12 Months, Net
Interest rate swap
Interest Rate Cash Flow Hedge Liability at Fair Value
Interest Rate Fair Value Hedge Derivative at Fair Value, Net
Interest Rate Fair Value Hedge Derivative at Fair Value, Net
Number of Interest Rate Derivatives Held
Increase (Decrease) in Fair Value of Interest Rate Fair Value Hedging Instruments
Increase (Decrease) in Fair Value of Interest Rate Fair Value Hedging Instruments
Line of Credit and Notes Payable [Abstract]
Line of Credit and Notes Payable [Abstract]
Line of Credit and Notes Payable
Debt Disclosure [Text Block]
Schedule of Debt Instruments [Table]
Schedule of Debt Instruments [Table]
Schedule of Debt Instruments [Table]
Range [Axis]
Range [Domain]
Minimum [Member]
Maximum [Member]
Fixed-Rate $45 Million Loan [Member]
Fixed-Rate 45Million Loan [Member]
Fixed-Rate 45Million Loan [Member]
Mortgage Note $200 Million [Member]
Aon Center Chicago 4.87 Mortgage Note [Member]
Aon Center Chicago 4.87 Mortgage Note [Member]
Mortgage Note $25 Million [Member]
Aon Center Chicago 5.70 Mortgage Note [Member]
Aon Center Chicago 5.70 Mortgage Note [Member]
Secured Pooled Facility [Member]
Secured Pooled Facility [Member]
Fixed-Rate $105 Million Loan [Member]
Fixed-Rate 105Million Loan [Member]
Fixed-Rate 105Million Loan [Member]
Fixed-Rate $125 Million Loan [Member]
Fixed-Rate 125Million Loan [Member]
Fixed-Rate 125Million Loan [Member]
Fixed-Rate $42.5 Million Loan [Member]
Fixed-Rate 42.5Million Loan [Member]
Fixed-Rate 42.5Million Loan [Member]
WDC Mortgage Notes $140 Million[Member]
WDC Mortgage Notes [Member]
WDC Mortgage Notes [Member]
500 W. Monroe Mortgage Loan $140 Million [Member]
Mortgage Loan, 500 W. Monroe Building [Member]
W. Monroe, 500 Mortgage Loan [Member]
Unsecured $500 Million Facility [Member]
Unsecured 500Million Facility [Member]
Unsecured 500Million Facility [Member]
Debt Instrument [Line Items]
Line Of Credit Facility Extension Period
Line Of Credit Facility Extension Period
Interest Payments on Debt Facilities
Interest Paid, Net
Rate
Debt Instrument, Interest Rate, Stated Percentage
Debt, Weighted Average Interest Rate
Debt, Weighted Average Interest Rate
Debt Weighted Average Interest Rate Excluding Discontinued Operation
Debt Weighted Average Interest Rate Excluding Discontinued Operation
Reflects the calculation as of the balance sheet date, excluding notes payable held for sale, of the average interest rate weighted by the amount of secured debt outstanding by type or by instrument at that time.
Line of credit and notes payable, outstanding
Notes and Loans Payable
Derivative, Cap Interest Rate
Derivative, Cap Interest Rate
Debt Instrument, Basis Spread on Variable Rate
Debt Instrument, Basis Spread on Variable Rate
LIBOR Interest Rate In Effect
LIBOR Interest Rate In Effect
LIBOR Interest Rate In Effect
Debt Instrument, Description of Variable Rate Basis
Prime Rate In Effect
Prime Rate In Effect
Company-specific short term borrowing rate.
Subsequent Events [Abstract]
Subsequent Events
Subsequent Events [Text Block]
Commitments and Contingencies [Abstract]
Commitments and Contingencies Abstract
Schedule of Letters of Credit
Schedule of Letters of Credit [Table Text Block]
Schedule of Letters of Credit [Table Text Block]
Earnings Per Share [Abstract]
Weighted-average common shares – basic (in shares)
Restricted stock awards
Incremental Common Shares Attributable to Share-based Payment Arrangements
Weighted-average common shares – diluted (in shares)
Fair Value Measurement of Financial Instruments [Abstract]
Fair Value Measurement of Financial Instruments [Abstract]
Fair Value Measurement of Financial Instruments
Fair Value Disclosures [Text Block]
Commitments and Contingencies
Commitments and Contingencies Disclosure [Text Block]
Organization [Abstract]
Organization Abstract
Schedule of Real Estate Properties [Table]
Schedule of Real Estate Properties [Table]
Real Estate Properties By Type [Axis]
Real Estate Properties By Type [Axis]
Real Estate Properties Type [Domain]
Real Estate Properties Type [Domain]
Office properties [Member]
Office properties [Member]
Building [Member]
Industrial buildings [Member]
Industrial buildings [Member]
Joint Venture [Member]
Joint Venture [Member]
Real Estate Properties [Line Items]
Real Estate Properties [Line Items]
Number Of Wholly Owned Subsidiaries
Number Of Wholly Owned Management Subsidiaries
Number Of Wholly Owned Management Subsidiaries
Number of Real Estate Properties
Number of Real Estate Properties
Number of Metropolitan Areas
Number of Metropolitan Areas In Which Entity Operates
Number of Metropolitan Areas In Which Entity Operates
Real Estate Properties Leased, Percent
Real Estate Properties Leased, Percent
Real Estate Properties Leased Percent
Organization
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]
Acquisitions [Abstract]
Acquisitions [Abstract]
Schedule of Business Acquisitions, by Acquisition [Table]
Business Acquisition [Axis]
Business Acquisition, Acquiree [Domain]
1200 Enclave Parkway Building [Member]
Enclave Parkway Building, 1200 [Member]
1200 Enclave Parkway Building [Member]
The Dupree Building [Member]
The Dupree Building [Member]
The Medici Building [Member]
The Medici Building [Member]
The 225 and 235 Presidential Way Buildings
Presidential Way Buildings 225 And 235 [Member]
Presidential Way Buildings 225 And 235 [Member]
500 W. Monroe Building [Member]
W. Monroe Building, 500 [Member]
W. Monroe Building, 500 [Member]
Business Acquisition [Line Items]
Number of Buildings
Number Of Buildings In Real Estate Properties
Number Of Buildings In Real Estate Properties
Percentage Occupied as of Acquisition Date
Acquisition Price
Business Acquisition, Cost of Acquired Entity, Purchase Price
Statement of Financial Position [Abstract]
Assets:
Assets [Abstract]
Land
Land
Buildings and improvements, less accumulated depreciation of $766,163 and $707,314 as of September 30, 2011 and December 31, 2010, respectively
Investment Building and Building Improvements, Net
Investment Building and Building Improvements, Net
Intangible lease assets, less accumulated amortization of $118,574 and $125,193 as of September 30, 2011 and December 31, 2010, respectively
Finite-Lived Intangible Assets, Net
Construction in progress
Construction in Progress, Gross
Real estate assets held for sale, net
Real Estate Held-for-sale
Total real estate assets
Real Estate Investment Property, Net
Investments in unconsolidated joint ventures
Equity Method Investments
Cash and cash equivalents
Cash and Cash Equivalents, at Carrying Value
Tenant receivables, net of allowance for doubtful accounts of $809 and $1,298 as of September 30, 2011 and December 31, 2010, respectively
Accounts Receivable, Net
Notes receivable
Notes, Loans and Financing Receivable, Net
Due from unconsolidated joint ventures
Due from Joint Ventures
Restricted cash and escrows
Restricted Cash and Cash Equivalents
Prepaid expenses and other assets
Prepaid Expense and Other Assets
Goodwill
Goodwill
Deferred financing costs, less accumulated amortization of $8,611 and $11,740 as of September 30, 2011 and December 31, 2010, respectively
Deferred Finance Costs, Net
Deferred lease costs, less accumulated amortization of $115,633 and $111,671 as of September 30, 2011 and December 31, 2010, respectively
Deferred Costs, Leasing, Net
Other assets held for sale
Disposal Group, Including Discontinued Operation, Other Assets
Total assets
Assets
Liabilities:
Liabilities [Abstract]
Line of credit and notes payable
Notes Payable
Accounts payable, accrued expenses, and accrued capital expenditures
Accounts Payable and Accrued Liabilities
Deferred income
Deferred Revenue
Intangible lease liabilities, less accumulated amortization of $65,496 and $60,850 as of September 30, 2011 and December 31, 2010, respectively
Off-market Lease, Unfavorable
Notes payable and other liabilities held for sale
Liabilities of Assets Held-for-sale
Total liabilities
Liabilities
Commitments and Contingencies
Stockholders' Equity:
Stockholders' Equity Attributable to Parent [Abstract]
Shares-in-trust, 150,000,000 shares authorized; none outstanding as of September 30, 2011 or December 31, 2010
Common Stock Held in Trust
Preferred stock, no par value, 100,000,000 shares authorized; none outstanding as of September 30, 2011 or December 31, 2010
Preferred Stock, Value, Issued
Common stock, $.01 par value, 750,000,000 shares authorized; 172,826,991 and 172,658,489 shares issued and outstanding as of September 30, 2011 and December 31, 2010, respectively (Note 12)
Common Stock, Value, Issued
Additional paid-in capital
Additional Paid in Capital, Common Stock
Cumulative distributions in excess of earnings
Accumulated Distributions in Excess of Net Income
Other comprehensive loss
Accumulated Other Comprehensive Income (Loss), Net of Tax
Piedmont stockholders' equity
Stockholders' Equity Attributable to Parent
Noncontrolling interest
Stockholders' Equity Attributable to Noncontrolling Interest
Noncontrolling interest held for sale
Noncontrolling Interest Held For Sale
Noncontrolling Interest Held For Sale
Total stockholders' equity
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest
Total liabilities and stockholders' equity
Liabilities and Equity
Variable Interest Entities [Abstract]
Variable Interest Entities [Abstract]
Schedule of Variable Interest Entities [Table]
Schedule of Variable Interest Entities [Table]
Variable Interest Entities by Classification of Entity [Axis]
Variable Interest Entities by Classification of Entity [Axis]
Variable Interest Entity, Classification [Domain]
Variable Interest Entity, Classification [Domain]
Variable Interest Entity, Primary Beneficiary [Member]
Eye Street 1201 NW Associates LLC [Member]
Eye Street 1201 NW Associates LLC [Member]
Eye Street 1225 NW Associates LLC [Member]
Eye Street 1225 NW Associates LLC [Member]
Piedmont 500 W. Monroe Fee LLC [Member]
Piedmont 500 W. Monroe Fee LLC [Member]
Suwanee Gateway One LLC [Member]
Suwanee Gateway One LLC [Member]
Medici Atlanta LLC [Member]
Medici Atlanta LLC [Member]
Variable Interest Entity [Line Items]
Variable Interest Entity [Line Items]
Net Carrying Amount
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net
Piedmont’s % Ownership of Entity
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage
Variable Interst Entity, Cash Flow Percent Entitled To Entity
Variable Interst Entity Cash Flow Percent Entitled To Entity
Variable Interst Entity Cash Flow Percent Entitled To Entity
Stockholders' Equity
Stockholders' Equity Note Disclosure [Text Block]
Accounting Policies [Abstract]
Summary of Significant Accounting Policies
Significant Accounting Policies [Text Block]
Schedule of Business Acquisitions, by Acquisition
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
Loss Contingencies [Table]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Axis]
Disposal Groups, Including Discontinued Operations, Name [Domain]
W Wacker Building 35 [Member]
W Wacker Building 35 [Member]
Letter of Credit Agreements by Expiration Date [Axis]
Letter of Credit Agreements by Expiration Date [Axis]
Letter of Credit Agreements by Expiration Date [Domain]
Letter of Credit Agreements by Expiration Date [Domain]
Letter Of Credit August 2012 [Member]
Letter Of Credit August 2012 [Member]
Letter of Credit 2, February 2012 [Member]
Letter of Credit 2, February 2012 [Member]
Letter of Credit, December 2011 [Member]
Letter of Credit, December 2011 [Member]
Letter of Credit, December 2011 [Member]
Letter Of Credit, June 2012 [Member]
Letter Of Credit June 2012 [Member]
Letter Of Credit June 2012 [Member]
Loss Contingencies by Nature of Contingency [Axis]
Loss Contingency, Nature [Domain]
Collectibility of Tenant Reimbursements [Member]
Collectibility of Tenant Reimbursements [Member]
Loss Contingencies [Line Items]
Commitment to Provide Funding to Tenants for Capital Improvements
Commitment to Provide Funding to Tenants for Capital Improvements
Commitment to Provide Funding to Tenants for Capital Improvements
Commitment To Provide Funding To Tenants For Capital Improvements Period
Commitment To Provide Funding To Tenants For Capital Improvements Period
Loss Contingency Accrual, Carrying Value, Provision
Loss Contingency Accrual, Carrying Value, Provision
Loss Contingency Recovery
Loss Contingency Recovery
Loss Contingency Recovery
Letters of Credit Outstanding, Amount
Letters of Credit Outstanding, Amount
Number of Lawsuits as Defendant
Number of Lawsuits as Defendant
Letter of Credit Renewal Period
Letter of Credit Renewal Period
Stock Based Compensation [Abstract]
Stock Based Compensation [Abstract]
Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]
Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Award Type and Plan Name [Axis]
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Award Type and Plan Name [Axis]
Share-based Compensation Arrangements by Share-based Payment Award, Award Type and Plan Name [Domain]
Share-based Compensation Arrangements by Share-based Payment Award, Award Type and Plan Name [Domain]
Stock Awards [Member]
Stock Awards [Member]
Stock Awards, Granted May 6, 2009 [Member]
Stock Awards, Granted May 6, 2009 [Member]
Stock Awards 1, Granted May 24, 2010 [Member]
Stock Awards 1, Granted May 24, 2010 [Member]
Stock Awards 2, Granted May 24, 2010 [Member]
Stock Awards 2, Granted May 24, 2010 [Member]
Stock Awards, Granted April 5, 2011 [Member]
Stock Awards, Granted April 5, 2011 [Member]
Report Date [Axis]
Financial Statements Date [Domain]
Date 2011-06-30 [Member]
Date 2011-06-30 [Member]
Date 2011-09-30 [Member]
Date20110930 [Member]
Date 2011-09-30 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense
Allocated Share-based Compensation Expense
Share Based Compensation Arrangement By Share Based Payment Award, Equity Instruments Other Than Options, Amortization Of Nonvested Shares
Share Based Compensation Arrangement By Share Based Payment Award, Equity Instruments Other Than Options, Amortization Of Nonvested Shares
Share Based Compensation Arrangement By Share Based Payment Award, Equity Instruments Other Than Options, Amortization Of Nonvested Shares
Net Shares Granted
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants Net On Reported Date
Share Based Compensation Arrangement By Share Based Payment Award, Equity Instruments Other Than Options, Grants, Net, On Reported Date
Grant Date Fair Value
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value
Unvested Shares
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures
Of the shares granted, % vested
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested Percent At Reported Date
Share Based Compensation Arrangement By Share Based Payment Award, Equity Instruments Other Than Options, Vested Percent At Reported Date
Of the shares granted, % expected to vest
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest Percent At Reported Date
Share Based Compensation Arrangement By Share Based Payment Award, Equity Instruments Other Than Options, Expected To Vest Percent At Reported Date
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition
Subsequent Event [Table]
Subsequent Event [Table]
Subsequent Event Type [Axis]
Subsequent Event Type [Axis]
Subsequent Event Type [Domain]
Subsequent Event Type [Domain]
Financing [Member]
Financing [Member]
Dividend Declared [Member]
Dividend Declared [Member]
Discontinued Operation or Asset Disposal [Member]
Discontinued Operation or Asset Disposal [Member]
Acquisition [Member]
Stock Repurchase Program [Member]
Stock Repurchase Program [Member]
Subsequent Event [Line Items]
Subsequent Event [Line Items]
Percent of Ownership Interest In Real Estate Property Disposal
Percent of Ownership Interest In Real Estate Property Disposal
Percent of Ownership Interest In Real Estate Property Disposal
Real Estate Property Disposal, Sale Price
Real Estate Property Disposal Sale Price
Real Estate Property Disposal, Sale Price
Dividends declared (in dollars per share)
Common Stock, Dividends, Per Share, Declared
Stock Repurchase Program, Authorized Amount
Schedule of Nonvested Share Activity
Schedule of Nonvested Share Activity [Table Text Block]
Acquisitions
Business Combination Disclosure [Text Block]
Statement of Cash Flows [Abstract]
Cash Flows from Operating Activities:
Net Cash Provided by (Used in) Operating Activities [Abstract]
Operating distributions received from unconsolidated joint ventures
Equity Method Investment, Dividends or Distributions
Adjustments to reconcile net income to net cash provided by operating activities:
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]
Income attributable to noncontrolling interest- discontinued operations
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Noncontrolling Interest
Depreciation
Depreciation
Amortization of deferred financing costs, fair market value adjustments on notes payable, and interest rate cap agreements
Amortization of Financing Costs
Other amortization
Amortization of Intangible Assets
Impairment loss
Accretion of notes receivable discount
Accretion (Amortization) of Discounts and Premiums, Investments
Stock compensation expense
Share-based Compensation
Equity in income of unconsolidated joint ventures
Gain on sale of real estate assets
Gain on consolidation of variable interest entity
Changes in assets and liabilities:
Increase (Decrease) in Operating Assets [Abstract]
Increase in tenant receivables, net
Increase (Decrease) in Accounts Receivable
Increase in restricted cash and escrows
Increase (Decrease) in Restricted Cash for Operating Activities
Increase in prepaid expenses and other assets
Increase (Decrease) in Prepaid Expense and Other Assets
Increase in accounts payable and accrued expenses
Increase (Decrease) in Accounts Payable and Accrued Liabilities
Decrease in deferred income
Increase (Decrease) in Deferred Revenue
Net cash provided by operating activities
Net Cash Provided by (Used in) Operating Activities
Cash Flows from Investing Activities:
Net Cash Provided by (Used in) Investing Activities [Abstract]
Investments in real estate assets and related intangibles
Payments to Acquire Productive Assets
Cash assumed upon consolidation of variable interest entity
Assets Assumed Upon Consolidation Of Variable Interest Entity
Net assets received as cash upon consolidation of a variable interest entity ("VIE").
Net sales proceeds from wholly-owned properties
Proceeds from Divestiture of Businesses, Net of Cash Divested
Net sales proceeds received from unconsolidated joint ventures
Proceeds from Sale of Equity Method Investments
Investments in unconsolidated joint ventures
Payments to Acquire Equity Method Investments
Deferred lease costs paid
Increase (Decrease) in Lease Acquisition Costs
Net cash used in investing activities
Net Cash Provided by (Used in) Investing Activities
Cash Flows from Financing Activities:
Net Cash Provided by (Used in) Financing Activities [Abstract]
Deferred financing costs paid
Payments of Financing Costs
Proceeds from line of credit and notes payable
Proceeds from Notes Payable
Repayments of line of credit and notes payable
Repayments of Notes Payable
Net proceeds from issuance of common stock
Proceeds from Issuance of Common Stock
Redemption of fractional shares of common stock
Payments for Repurchase of Common Stock
Dividends paid and discount on dividend reinvestments
Payments of Dividends Common Stock and Discount on Dividend Reinvestments
Sum of a) The cash outflow from the distribution of an entity's earnings in the form of dividends to common shareholders, and b) Discount on dividend reinvestments.
Net cash used in financing activities
Net Cash Provided by (Used in) Financing Activities
Net (decrease)/increase in cash and cash equivalents
Cash and Cash Equivalents, Period Increase (Decrease)
Cash and cash equivalents, beginning of period
Cash and cash equivalents, end of period
Supplemental Disclosures of Significant Noncash Investing and Financing Activities:
Supplemental Cash Flow Information [Abstract]
Change in accrued offering costs
Increase (Decrease) in Deferred Offering Costs
Change in specific incremental costs directly attributable to a proposed or actual offering of securities which are deferred at the end of the reporting period.
Accrued capital expenditures and deferred lease costs
Increase Decrease In Accrued Capital Expenditures AndDeferred Lease Costs
Net change in the balance of accrued lease acquisition costs and accrued capital expenditures during the period. These accrued costs consist of items such as leasing commissions, lease incentives, procurement fees, tenant improvements, and/or general building improvements.
Net assets assumed upon consolidation of variable interest entity, net of notes receivable previously recorded
Net Assets Assumed Upon Consolidation Of Variable Interest Entity, Net Of Notes Receivable Previously Recorded
Net Assets within a variable interest entity ("VIE") structure assumed at estimated fair market value, net of notes receivable previously recorded.
Liabilities assumed upon consolidation of variable interest entity
Liabilities Assumed Upon Consolidation Of Variable Interest Entity
Liabilities within a variable interest entity ("VIE") structure assumed at estimated fair market value.
Redeemable common stock
Redeemable Common Stock Value
Change in redeemable common stock value during the period.
Notes Receivable [Abstract]
Notes Receivable [Abstract]
Notes Receivable
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]
Schedule of Variable Interest Entities
Schedule of Variable Interest Entities [Table Text Block]
Fair Value, by Balance Sheet Grouping
Fair Value, by Balance Sheet Grouping [Table Text Block]
Variable Interest Entities
Variable Interest Entity, Similar Entity Aggregation, Description
Schedule of Debt
Schedule of Debt [Table Text Block]
Earnings Per Share
Earnings Per Share [Text Block]
Derivative Instruments
Derivative Instruments and Hedging Activities Disclosure [Text Block]
Fair Value, by Balance Sheet Grouping [Table]
Fair Value, by Balance Sheet Grouping [Table]
Fair Value, by Balance Sheet Grouping, Disclosure Item Amounts [Axis]
Fair Value, by Balance Sheet Grouping, Disclosure Item Amounts [Axis]
Fair Value, Disclosure Item Amounts [Domain]
Fair Value, Disclosure Item Amounts [Domain]
Carrying (Reported) Amount, Fair Value Disclosure [Member]
Carrying (Reported) Amount, Fair Value Disclosure [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents
Cash and Cash Equivalents, Fair Value Disclosure
Tenant receivables, net
Receivables, Fair Value Disclosure
Accounts Payable
Accounts Payable, Fair Value Disclosure
Interest rate swap agreements
Line of credit and notes payable
Notes Payable, Fair Value Disclosure
Income Tax For Real Estate Investment Trusts [Table]
Income Tax For Real Estate Investment Trusts [Table]
Income Tax For Real Estate Investment Trusts [Table]
Income Tax For Real Estate Investment Trusts [Line Items]
Income Tax For Real Estate Investment Trusts [Line Items]
Real Estate Investment Trust Status Required Taxable Income Distribution Rate
Real Estate Investment Trust Status Required Taxable Income Distribution Rate
Real Estate Investment Trust Status Required Taxable Income Distribution Rate
Schedule of Notional Amounts of Outstanding Derivative Positions
Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) [Table Text Block]
Discontinued Operations [Abstract]
Discontinued Operations [Abstract]
Disclosure of Long Lived Assets Held-for-sale
Disclosure of Long Lived Assets Held-for-sale [Table Text Block]
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]
Income Tax, Policy
Income Tax, Policy [Policy Text Block]
Derivatives, Methods of Accounting, Hedging Derivatives
Derivatives, Methods of Accounting, Hedging Derivatives [Policy Text Block]
Stock Based Compensation
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]
Document and Entity Information [Abstract]
Document and Entity Information [Abstract]
Class of Stock [Axis]
Class of Stock [Axis]
Class of Stock [Domain]
Class of Stock [Domain]
Document Type
Document Type
Amendment Flag
Amendment Flag
Document Period End Date
Document Period End Date
Document Fiscal Year Focus
Document Fiscal Year Focus
Document Fiscal Period Focus
Document Fiscal Period Focus
Trading Symbol
Trading Symbol
Entity Registrant Name
Entity Registrant Name
Entity Central Index Key
Entity Central Index Key
Current Fiscal Year End Date
Current Fiscal Year End Date
Entity Filer Category
Entity Filer Category
Entity Common Stock, Shares Outstanding
Entity Common Stock, Shares Outstanding
Schedule of Weighted Average Number of Shares
Schedule of Weighted Average Number of Shares [Table Text Block]
Discontinued Operations
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]
Notes Receivable and Variable Interest Entity [Table]
Notes Receivable and Variable Interest Entity [Table]
Notes Receivable and Variable Interest Entity [Table]
Mezzanine I Loan-A Participation, 500 W. Monroe Building [Member]
Component of Other Income, Nonoperating [Axis]
Component of Other Income, Nonoperating, Name [Domain]
Operating Cash Flow On Foreclosed Property [Member]
Operating Cash Flow On Foreclosed Property [Member]
Variable Interest Entity, Initial Consolidation, Gain (Loss)
Number of Investments
Number of Investments
Number of Notes Receivable Matured
Number of Notes Receivable Matured
Number of Notes Receivable
Number of Notes Receivable
Other Nonoperating Income
Statement of Stockholders' Equity [Abstract]
Statement, Equity Components [Axis]
Statement, Equity Components [Axis]
Equity Component [Domain]
Common Stock [Member]
Additional Paid-In Capital [Member]
Additional Paid-in Capital [Member]
Cumulative Distributions in Excess of Earnings [Member]
Retained Earnings [Member]
Redeemable Common Stock [Member]
Redeemable Common Stock [Member]
Redeemable Common Stock [Member]
Other Comprehensive Loss [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Non-controlling Interest [Member]
Noncontrolling Interest [Member]
Balance, shares
Common Stock, Shares, Outstanding
Balance, value
Offering costs associated with issuance of common stock
Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs
Net proceeds from issuance of common stock, shares
Stock Issued During Period, Shares, New Issues
Net proceeds from issuance of common stock, value
Stock Issued During Period, Value, New Issues
Redemption of fractional shares of common stock, shares
Stock Redeemed or Called During Period, Shares
Redemption of fractional shares of common stock, value
Stock Redeemed or Called During Period, Value
Change in redeemable common stock outstanding
Additional Paid In Capital, Change In Redeemable Common Stock Outstanding
The change in the value reclassified as Redeemable Common Stock.
Dividends to common stockholders ($1.26 (YTD 2010) and $0.945 (YTD 2011) per share), distributions to noncontrolling interest, and dividends reinvested
Dividends, Minority Interest (Decrease) From Distributions to Noncontrolling Interest Holders and Stock Issued During Period Value Dividend Reinvestment Plan
Sum of a) Equity impact of aggregate cash, stock, and paid-in-kind dividends declared for all securities (common shares, preferred shares, etc.) during the period, b) Decrease in noncontrolling interest balance from payment of dividends or other distributions by the non-wholly owned subsidiary or partially owned entity, included in the consolidation of the parent entity, to the noncontrolling interest holders, and c) Value of stock issued during the period from a dividend reinvestment plan (DRP). A dividend reinvestment plan allows the holder of the stock to reinvest dividends paid to them by the entity on new issues of stock by the entity.
Shares issued under the 2007 Omnibus Incentive Plan, net of tax, shares
Shares issued under the 2007 Omnibus Incentive Plan, net of tax, value
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures
Net income attributable to noncontrolling interest
Net Income (Loss) Attributable to Noncontrolling Interest
Components of comprehensive income:
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest [Abstract]
Net income
Net change in interest rate swap/derivatives
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax
Comprehensive income
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest
Balance, value
Balance, shares
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Table]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Table]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Axis]
Disposal Groups, Including Discontinued Operations, Name [Domain]
Eastpointe Corporate Center [Member]
Eastpointe Corporate Center [Member]
Corporate Court 5000 [Member]
Corporate Court 5000 [Member]
Mortgage Note, 35 West Wacker Building [Member]
Mortgage Note, 35 West Wacker Building [Member]
Long Lived Assets Held-for-sale by Asset Type [Axis]
Long Lived Assets Held-for-sale, Name [Domain]
Land [Member]
Building Improvements [Member]
Construction in Progress [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Real estate assets held for sale, net:
Real Estate Held for Development and Sale, Net [Abstract]
Property, Plant, and Equipment, Net
Disposal Group, Including Discontinued Operation, Property, Plant, and Equipment, Net
Property, Plant, and Equipment, Accumulated Depreciation
Disposal Group, Including Discontinued Operation, Accumulated Depreciation, Property Plant and Equipment
Disposal Group, Including Discontinued Operation, Accumulated Depreciation, Property Plant and Equipment
Intangible lease assets
Disposal Group, Including Discontinued Operation, Intangible Assets, Net
Intangible lease assets, accumulated amortization
Disposal Group Including Discontinued Operation Finite Lived Intangible Assets Accumulated Amortization
Disposal Group Including Discontinued Operation Finite Lived Intangible Assets Accumulated Amortization
Other assets held for sale:
Other Assets Held For Sale [Abstract]
Other assets held for sale [Abstract]
Tenant receivables
Disposal Group, Including Discontinued Operation, Accounts, Notes and Loans Receivable, Net
Deferred financing costs, net
Disposal Group Including Discontinued Operation Deferred Financing Costs Net
Disposal Group Including Discontinued Operation Deferred Financing Costs Net
Deferred financing costs, accumulated amortization
Disposal Group Including Discontinued Operation Deferred Financing Costs Accumulated Amortization
Disposal Group Including Discontinued Operation Deferred Financing Costs Accumulated Amortization
Deferred lease costs, net
Disposal Group Including Discontinued Operation Deferred Lease Costs Net
Disposal Group Including Discontinued Operation Deferred Lease Costs Net
Deferred lease costs, accumulated amortization
Disposal Group, Including Discontinued Operation, Deferred Lease Costs, Accumulated Amortization
Disposal Group, Including Discontinued Operation, Deferred Lease Costs, Accumulated Amortization
Restricted cash and escrows
Disposal Group Including Discontinued Operation Restricted Cash And Escrows
For the disposal group, including a component of the entity (discontinued operation), restricted cash and escrows.
Other assets held for sale
Notes payable and other liabilities held for sale:
Notes payable And Other Liabilities Held For Sale [Abstract]
Notes payable and other liabilities held for sale [Abstract]
Notes payable
Disposal Group, Including Discontinued Operation, Other Liabilities
Notes payable, interest rate
Notes payable, maturity date
Debt Instrument, Maturity Date
Intangible lease liabilities, less accumulated amortization of $25,960 and $23,458 as of September 30, 2011 and December 31, 2010, respectively
Disposal Group Including Discontinued Operation Off Market Lease Unfavorable
For the disposal group, including a component of the entity (discontinued operation), a liability associated with the acquisition of an off-market lease when the terms of the lease are unfavorable to the market terms of the lease at the date of the acquisition.
Intangible lease liabilities, less accumulated amortization
Disposal Group Including Discontinued Operation Intangible Lease Liabilities Accumulated Amortization
For disposal group, including discontinued operation, accumulated amortization on intangible lease liabilities.
Total notes payable and other liabilities held for sale
Rental Income
Disposal Group, Including Discontinued Operation, Rental Income
Disposal Group, Including Discontinued Operation, Rental Income
Tenant Reimbursement
Disposal Group, Including Discontinued Operation, Tenant Reimbursement
Disposal Group, Including Discontinued Operation, Tenant Reimbursement
Revenue
Disposal Group, Including Discontinued Operation, Revenue
Expenses:
Expenses [Abstract]
Expenses [Abstract]
Property Operating Costs
Disposal Group, Including Discontinued Operation, Property Operating Costs
Disposal Group, Including Discontinued Operation, Property Operating Costs
Depreciation
Disposal Group, Including Discontinued Operation, Depreciation
Disposal Group, Including Discontinued Operation, Depreciation
Amortization of deferred leasing costs
Disposal Group, Including Discontinued Operation, Amortization
Disposal Group, Including Discontinued Operation, Amortization
General and administrative expense
Disposal Group, Including Discontinued Operation, General and Administrative Expense
Disposal Group, Including Discontinued Operation, General and Administrative Expense
Expenses
Disposal Group, Including Discontinued Operation, Operating Expense
Other income (expense):
Other Income and Expenses [Abstract]
Interest expense
Disposal Group, Including Discontinued Operation, Interest Expense
Interest and other income
Disposal Group Including Discontinued Operation Interest And Other Income Expense
Disposal Group Including Discontinued Operation Interest And Other Income Expense
Net income attributable to noncontrolling interest
Other income (expense)
Disposal Group Including Discontinued Other Income Expense
Disposal Group Including Discontinued Other Income Expense
Operating income, excluding impairment loss and gain on sale
Income from discontinued operations
Dividends to common stockholders per share
Consolidated Balance Sheets Parenthetical [Abstract]
Consolidated Balance Sheets Parenthetical [Abstract]
Property, Plant and Equipment by Type [Axis]
Property, Plant and Equipment, Type [Domain]
Building and Building Improvements [Member]
Assets:
Real Estate Investment Property, Accumulated Depreciation
Real Estate Investment Property, Accumulated Depreciation
Intangible lease assets, accumulated amortization
Finite-Lived Intangible Assets, Accumulated Amortization
Tenant receivables, allowance for doubtful accounts
Allowance for Doubtful Accounts Receivable
Deferred financing costs, accumulated amortization
Accumulated Amortization, Deferred Finance Costs
Deferred lease costs, accumulated amortization
Deferred Costs, Leasing, Accumulated Amortization
Intangible lease liabilities, accumulated amortization
Intangible Lease Liabilities, Accumulated Amortization
The amount of accumulated amortization related to unfavorable real estate leases.
Shares-in-trust, shares authorized (in shares)
Shares In Trust Authorized
Shares In Trust Authorized
Shares-in-trust, shares outstanding (in shares)
Shares In Trust Outstanding
Shares In Trust Outstanding
Preferred stock, par value (in dollars per share)
Preferred Stock, Par or Stated Value Per Share
Preferred stock, shares authorized (in shares)
Preferred Stock, Shares Authorized
Preferred stock, shares outstanding (in shares)
Preferred Stock, Shares Outstanding
Common stock, par value (in dollars per share)
Common Stock, Par or Stated Value Per Share
Common stock, shares authorized (in shares)
Common Stock, Shares Authorized
Common stock, shares outstanding (in shares)