| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Land | 594,825 | 572,103 | ||
| Buildings and tenant improvements | 6,017,574 | 5,919,475 | ||
| Development in-process | 3,657 | 2,366 | ||
| Land held for development | 214,467 | 233,325 | ||
| Total real estate assets | 6,830,523 | 6,727,269 | ||
| Less-accumulated depreciation | 1,883,882 | 1,844,374 | ||
| Net real estate assets | 4,946,641 | 4,882,895 | ||
| Real estate and other assets, net, held for sale | 10,490 | 0 | ||
| Cash and cash equivalents | 26,262 | 21,193 | ||
| Restricted cash | 15,481 | 18,815 | ||
| Accounts receivable | 30,344 | 27,839 | ||
| Mortgages and notes receivable | 6,211 | 6,227 | ||
| Accrued straight-line rents receivable | 317,072 | 314,477 | ||
| Investments in and advances to unconsolidated affiliates | 497,002 | 496,196 | ||
| Deferred leasing costs, net of accumulated amortization of 165,547 and 170,312, respectively | 225,307 | 221,609 | ||
| Prepaid expenses and other assets, net of accumulated depreciation of 23,897 and 20,626, respectively | 64,683 | 69,460 | ||
| Total assets | 6,139,493 | 6,058,711 | ||
| Mortgages and notes payable, net | 3,404,707 | 3,334,385 | ||
| Accounts payable, accrued expenses and other liabilities | 283,905 | 281,210 | ||
| Total liabilities | 3,688,612 | 3,615,595 | ||
| Noncontrolling interests in the operating partnership | 65,042 | 66,878 | ||
| Preferred stock, .01 par value, 50,000,000 authorized shares 8.625 series a cumulative redeemable preferred shares (liquidation preference 1,000 per share), 26,691 and 28,811 shares issued and outstanding, respectively | 26,691 | 26,716 | ||
| Common stock, .01 par value, 200,000,000 authorized shares 109,553,557 and 107,623,777 shares issued and outstanding, respectively | 1,096 | 1,079 | ||
| Additional paid-in capital | 3,200,251 | 3,149,335 | ||
| Distributions in excess of net income available for common stockholders | -843,790 | -802,627 | ||
| Accumulated other comprehensive loss | -2,432 | -2,370 | ||
| Total stockholders equity | 2,381,816 | 2,372,133 | ||
| Noncontrolling interests in consolidated affiliates | 4,023 | 4,105 | ||
| Total equity/capital | 2,385,839 | 2,376,238 | ||
| Total liabilities, noncontrolling interests in the operating partnership and equity/total liabilities, redeemable operating partnership units and capital | 6,139,493 | 6,058,711 | ||
HIGHWOODS PROPERTIES, INC. (HIW)
HIGHWOODS PROPERTIES, INC. (HIW)