HIGHWOODS PROPERTIES, INC. HIW Balance Sheet

Highwoods properties, inc. (HIW)

Balance Sheet / Yearly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Dec'09
Assets:
Real estate assets, at cost:
Land
482	515	495	495	491	491	493	485	485	485	488	470	474	474	474	448	448	443	460	407	400	367	386	382	394	393	403	389	380	332	371	366	368	355	368	345	347	345	345	337	350
Buildings and tenant improvements
4,959	5,128	4,844	4,835	4,728	4,676	4,671	4,609	4,617	4,590	4,605	4,374	4,326	4,313	4,278	4,128	4,113	4,063	4,336	3,991	3,941	3,493	3,756	3,724	3,782	3,748	3,756	3,482	3,365	3,099	3,200	3,117	3,137	3,009	3,115	2,886	2,897	2,883	2,900	2,856	2,880
Development in-process
184	172	133	63	162	165	166	178	131	88	58	245	327	279	227	229	180	194	157	104	133	201	184	114	69	44	56	37	29	21	11	6	-	0	7	13	6	4	-	-	0
Land held for development
128	99	94	137	94	128	125	124	125	74	76	82	84	77	79	75	68	68	71	76	75	78	89	104	111	110	112	120	122	115	102	102	105	105	106	106	107	105	104	104	104
Total real estate assets
5,755	5,915	5,567	5,531	5,476	5,462	5,457	5,397	5,360	5,239	5,228	5,172	5,212	5,144	5,059	4,881	4,810	4,769	5,025	4,580	4,551	4,141	4,416	4,326	4,357	4,297	4,328	4,029	3,898	3,568	3,685	3,593	3,610	3,470	3,598	3,352	3,360	3,338	3,350	3,298	3,335
Less-accumulated depreciation
1,337	1,388	1,388	1,360	1,324	1,296	1,280	1,248	1,239	1,202	1,196	1,163	1,166	1,134	1,098	1,063	1,033	1,007	1,096	1,066	1,056	893	1,013	1,011	1,019	985	981	978	966	876	926	913	911	869	878	863	854	830	818	798	781
Net real estate assets
4,418	4,526	4,179	4,171	4,152	4,165	4,176	4,148	4,121	4,037	4,031	4,008	4,045	4,010	3,961	3,818	3,776	3,762	3,929	3,513	3,495	3,248	3,403	3,315	3,337	3,312	3,347	3,050	2,931	2,692	2,759	2,680	2,699	2,601	2,719	2,489	2,505	2,507	2,531	2,499	2,554
For-sale residential condominiums
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	2	3	4	4	5	7	8	9	10	12
Real estate and other assets, net, held for sale
2	20	-	8	24	0	0	0	14	14	-	54	-	0	0	2	0	240	2	10	2	236	1	68	-	0	16	0	4	191	0	36	7	124	0	11	1	15	1	1	5
Cash and cash equivalents
12	9	116	4	4	3	5	4	31	3	4	13	4	49	6	2	3	5	5	4	11	8	11	18	13	10	31	10	12	13	9	6	12	11	11	9	30	14	20	35	23
Restricted cash
111	5	6	8	7	6	6	5	36	85	47	20	29	29	37	265	258	16	19	15	11	14	10	10	9	14	15	15	14	19	21	20	20	26	23	7	6	4	4	6	6
Accounts receivable
26	23	25	37	30	25	24	19	22	24	18	15	15	17	26	26	25	29	27	27	28	48	29	27	24	26	30	25	25	23	21	21	27	30	23	22	21	20	22	20	21
Mortgages and notes receivable
1	1	1	1	1	5	5	5	6	6	6	6	7	8	9	9	9	2	2	5	14	13	10	10	10	26	26	25	25	25	16	17	17	18	18	18	18	19	19	20	3
Accrued straight-line rents receivable
239	234	233	226	219	220	218	213	206	200	194	185	178	172	167	162	156	150	156	151	147	130	136	132	132	126	123	122	122	109	112	113	110	99	102	99	96	93	90	87	82
Investments in and advances to unconsolidated affiliates
26	26	24	23	23	23	23	23	23	23	23	15	14	18	18	19	19	20	20	43	27	50	30	30	28	29	35	65	66	66	78	77	99	100	99	103	63	63	62	62	66
Finite-Lived Intangible Assets, Net
225	231	196	195	194	195	193	195	196	200	202	205	210	213	218	217	224	231	255	223	224	222	218	218	218	222	227	181	176	163	149	126	129	127	129	85	86	85	75	72	73
Prepaid expenses and other assets, net of accumulated depreciation of $19,909 and $20,017, respectively
66	58	108	63	66	28	34	37	37	28	30	34	41	40	28	40	39	26	43	43	46	25	42	45	45	39	42	41	41	44	40	41	43	36	38	36	36	40	39	39	37
Total Assets
5,130	5,138	4,890	4,742	4,726	4,675	4,688	4,652	4,695	4,623	4,560	4,560	4,548	4,561	4,475	4,564	4,514	4,485	4,462	4,039	4,009	3,999	3,895	3,876	3,819	3,807	3,896	3,539	3,420	3,350	3,209	3,144	3,170	3,180	3,171	2,889	2,877	2,871	2,878	2,855	2,887
Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Liabilities, Redeemable Operating Partnership Units and Capital:
Notes and Loans Payable
2,410	2,543	2,322	2,161	2,160	2,085	2,087	2,055	2,112	2,014	1,966	2,005	2,042	1,948	1,901	2,082	2,100	2,491	2,478	2,124	2,089	2,071	2,013	2,058	2,012	1,956	2,050	1,931	1,896	1,859	1,778	1,823	1,903	1,868	1,893	1,615	1,552	1,522	1,501	1,463	1,469
Accounts payable, accrued expenses and other liabilities
264	286	272	257	237	218	229	215	206	228	227	200	207	313	258	241	212	233	245	214	203	231	229	219	198	218	208	185	167	172	152	137	122	148	127	106	93	106	112	105	117
Liabilities held for sale
-	-	-	-	-	-	-	-	-	-	-	1	-	-	0	0	0	14	-	-	-	15	-	-	-	-	-	-	-	-	0	-	-	35	-	-	-	-	-	-	-
Financing obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	8	23	-	23	24	26	26	28	28	29	29	27	30	31	30	32	32	33	33	33	33	37
Total Liabilities
2,675	2,830	2,595	2,419	2,397	2,304	2,317	2,270	2,318	2,242	2,193	2,207	2,249	2,261	2,159	2,324	2,313	2,739	2,732	2,347	2,315	2,317	2,267	2,302	2,237	2,201	2,286	2,145	2,093	2,060	1,958	1,991	2,057	2,083	2,054	1,754	1,679	1,662	1,647	1,602	1,624
Commitments and contingencies
-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	-	-
Redeemable Noncontrolling Interest, Equity, Carrying Amount
100	133	122	112	127	105	132	142	123	144	147	143	139	144	148	151	138	126	112	116	133	130	114	123	112	106	103	130	147	124	123	124	124	110	105	125	132	120	123	105	129
Redeemable Operating Partnership Units:
Equity/Capital:
Preferred Stock, $.01 par value, 50,000,000 authorized shares; 8.625% Series A Cumulative Redeemable Preferred Shares (liquidation preference $1,000 per share), 28,856 and 28,859 shares issued and outstanding, respectively
28	28	28	28	28	28	28	28	28	28	28	28	28	28	28	28	29	29	29	29	29	29	29	29	29	29	29	29	29	29	29	29	29	29	-	-	-	-	-	-	-
Common Stock, $.01 par value, 200,000,000 authorized shares; 103,885,918 and 103,756,046 shares issued and outstanding, respectively
1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Additional paid-in capital
3,000	2,954	2,963	2,972	2,956	2,976	2,948	2,936	2,953	2,929	2,924	2,926	2,868	2,850	2,780	2,693	2,652	2,598	2,579	2,525	2,504	2,464	2,413	2,366	2,367	2,370	2,371	2,160	2,076	2,040	1,985	1,884	1,818	1,803	1,807	1,782	1,764	1,766	1,762	1,779	1,751
Distributions in excess of net income available for common stockholders
-696	-831	-842	-821	-811	-769	-774	-759	-762	-747	-758	-770	-762	-749	-650	-640	-631	-1,023	-1,002	-992	-986	-957	-948	-962	-946	-920	-911	-927	-919	-897	-877	-878	-860	-845	-826	-802	-782	-761	-740	-716	-701
Accumulated Other Comprehensive Income (Loss), Net of Tax
-1	-0	-0	6	7	9	17	15	15	7	5	6	5	4	-9	-11	-6	-3	-6	-4	-5	-3	-2	-4	-2	-2	-5	-4	-11	-12	-13	-10	-4	-5	-3	-4	-3	3	-2	-3	-3
Total Stockholders’ Equity
2,332	2,152	2,150	2,188	2,182	2,246	2,221	2,222	2,236	2,219	2,201	2,192	2,142	2,136	2,150	2,071	2,044	1,601	1,599	1,558	1,542	1,532	1,491	1,429	1,448	1,477	1,484	1,259	1,175	1,160	1,123	1,024	984	982	1,006	1,005	1,060	1,083	1,101	1,141	1,127
Noncontrolling interests in consolidated affiliates
22	22	22	22	17	17	17	17	17	17	17	17	17	17	17	17	17	17	17	17	18	18	21	21	21	21	21	4	4	4	4	4	4	4	4	4	4	4	4	5	5
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest
2,354	2,174	2,172	2,210	2,200	2,264	2,238	2,240	2,253	2,237	2,219	2,209	2,159	2,154	2,168	2,088	2,062	1,619	1,617	1,576	1,560	1,551	1,513	1,450	1,469	1,498	1,506	1,264	1,180	1,164	1,128	1,029	988	986	1,011	1,010	1,065	1,088	1,106	1,147	1,133
Total Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Total Liabilities, Redeemable Operating Partnership Units and Capital
5,130	5,138	4,890	4,742	4,726	4,675	4,688	4,652	4,695	4,623	4,560	4,560	4,548	4,561	4,475	4,564	4,514	4,485	4,462	4,039	4,009	3,999	3,895	3,876	3,819	3,807	3,896	3,539	3,420	3,350	3,209	3,144	3,170	3,180	3,171	2,889	2,877	2,871	2,878	2,855	2,887
Highwoods Realty Limited Partnership [Member]
Land
482	515	495	495	491	491	493	485	485	485	488	-	474	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Buildings and tenant improvements
4,959	5,128	4,844	4,835	4,728	4,676	4,671	4,609	4,617	4,590	4,605	-	4,326	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Development in-process
184	172	133	63	162	165	166	178	131	88	58	-	327	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Land held for development
128	99	94	137	94	128	125	124	125	74	76	-	84	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total real estate assets
5,755	5,915	5,567	5,531	5,476	5,462	5,457	5,397	5,360	5,239	5,228	-	5,212	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less-accumulated depreciation
1,337	1,388	1,388	1,360	1,324	1,296	1,280	1,248	1,239	1,202	1,196	-	1,166	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net real estate assets
4,418	4,526	4,179	4,171	4,152	4,165	4,176	4,148	4,121	4,037	4,031	-	4,045	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real estate and other assets, net, held for sale
2	20	-	8	24	0	0	0	14	14	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash and cash equivalents
12	9	116	4	4	3	5	4	31	3	4	-	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restricted cash
111	5	6	8	7	6	6	5	36	85	47	-	29	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable
26	23	25	37	30	25	24	19	22	24	18	-	15	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgages and notes receivable
1	1	1	1	1	5	5	5	6	6	6	-	7	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued straight-line rents receivable
239	234	233	226	219	220	218	213	206	200	194	-	178	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in and advances to unconsolidated affiliates
26	26	24	23	23	23	23	23	23	23	23	-	14	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Finite-Lived Intangible Assets, Net
225	231	196	195	194	195	193	195	196	200	202	-	210	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses and other assets, net of accumulated depreciation of $19,909 and $20,017, respectively
66	58	108	63	66	28	34	37	37	28	30	-	41	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Assets
5,130	5,138	4,890	4,742	4,726	4,675	4,688	4,652	4,695	4,623	4,560	-	4,548	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes and Loans Payable
2,410	2,543	2,322	2,161	2,160	2,085	2,087	2,055	2,112	2,014	1,966	-	2,042	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable, accrued expenses and other liabilities
264	286	272	257	237	218	229	215	206	228	227	-	207	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Liabilities
2,675	2,830	2,595	2,419	2,397	2,304	2,317	2,270	2,318	2,242	2,193	-	2,249	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Units, 2,842,295 and 2,723,703 outstanding, respectively
100	133	122	112	127	105	132	142	123	144	147	-	139	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Series A Preferred Units (liquidation preference $1,000 per unit), 28,856 and 28,859 units issued and outstanding, respectively
28	28	28	28	28	28	28	28	28	28	28	-	28	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Redeemable Operating Partnership Units
129	162	151	141	156	134	161	171	152	172	176	-	168	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General partner Common Units, 1,063,194 and 1,060,709 outstanding, respectively
23	21	21	21	21	22	21	21	21	21	21	-	21	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Limited partner Common Units, 102,413,915 and 102,286,528 outstanding, respectively
2,282	2,102	2,101	2,131	2,124	2,185	2,153	2,156	2,169	2,161	2,144	-	2,086	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated Other Comprehensive Income (Loss), Net of Tax
-1	-0	-0	6	7	9	17	15	15	7	5	-	5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncontrolling interests in consolidated affiliates
22	22	22	22	17	17	17	17	17	17	17	-	17	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest
2,326	2,145	2,144	2,181	2,171	2,235	2,209	2,211	2,224	2,208	2,190	-	2,130	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Total Liabilities, Redeemable Operating Partnership Units and Capital
5,130	5,138	4,890	4,742	4,726	4,675	4,688	4,652	4,695	4,623	4,560	-	4,548	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-