What does minneapolis — 2026 impairment charges mean?

The specific non-cash expense recognized during the period to write down the carrying value of assets or goodwill within the Minneapolis segment. This reflects management's assessment that the future economic benefits of these assets have declined below their current book value.

Piedmont Office Realty Trust (PDM) Minneapolis — 2026 impairment charges

Screener

Other segment segments

Atlanta

$0—

Boston

$0—

Dallas

$0—

New York

$0—

Orlando

$0—

Similar metrics at other companies

SJMOther — Goodwill impairment charges

$0—

LPXOSB — Asset Impairment Charges

$0—

LPXSiding — Asset Impairment Charges

$0—

BAL

BALYCasinos & Resorts — Impairment Charges

$0—

SJMU.S.Retail Coffee — Goodwill impairment charges

$0—

SSRMSeabee — Impairment charges of goodwill

$0—

Other financials

Income statement

See full

Revenue$144.1M+2.7%

Net income-$11.1M+34.0%

EPS (diluted)-$0.09+35.7%

Balance sheet

See full

Cash & equivalents$16.8M+406%

Total debt$15.0K-85.0%

Total equity$1.5B-4.7%

Total assets$4.0B+1.7%

Cash flow

See full

Operating cash flow$64.3M+28.4%

Valuation

See full

Market cap$1.16B+24.3%

P/S2×+0.4×

Profitability

See full

Operating margin22%—

Net margin-14.2%+2.9pp

FCF margin-34.4%—

Returns & leverage

See full

Return on equity-5.3%+1.8pp

Where this comes from

Reported directly by Piedmont Office Realty Trust in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The source filing: Piedmont Office Realty Trust’s 10-Q, filed July 28, 2026.

Filed: Jul 28, 2026, 4:17 PM EDT
Fiscal quarter: Q2 FY2026
Calendar quarter: Q2 2026
Accession: 0001042776-26-000063

Balance as of December 31, 2025:	Atlanta	Dallas	Orlando	Northern Virginia/Washington, D.C.	Minneapolis	New York	Boston	Total
Goodwill	$18,563	$18,525	$10,818	$15,981	$10,957	$10,585	$13,489	$98,918
Accumulated impairment charges	—	—	—	(15,981)	(10,957)	(5,000)	(13,489)	(45,427)
	$18,563	$18,525	$10,818	—	—	$5,585	—	$53,491
2026 impairment charges	—	—	—	—	—	—	—	—
Balance as of June 30, 2026:
Goodwill	$18,563	$18,525	$10,818	$15,981	$10,957	$10,585	$13,489	$98,918
Accumulated impairment charges	—	—	—	(15,981)	(10,957)	(5,000)	(13,489)	(45,427)
	$18,563	$18,525	$10,818	—	—	$5,585	—	$53,491

ITEM 1. CONSOLIDATED FINANCIAL STATEMENTS.

FAQ

What is Piedmont Office Realty Trust's minneapolis — 2026 impairment charges?: Piedmont Office Realty Trust (PDM) reported minneapolis — 2026 impairment charges of $0 in Q2 2026.
What does minneapolis — 2026 impairment charges mean?: The specific non-cash expense recognized during the period to write down the carrying value of assets or goodwill within the Minneapolis segment. This reflects management's assessment that the future economic benefits of these assets have declined below their current book value.