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

Other segment segments

Atlanta

$0—

Boston

$0—

Dallas

$0—

New York

$0—

Orlando

$0—

Similar metrics at other companies

HALOImpairment Charges

$12.18M—

TNLImpairment Charges

$19M—

DDImpairment Charges

$46M+17.9%

IAUXImpairment Charges

$6.56M—

SMP

SMPLImpairment Charges

$249M—

KFYImpairment Charges

$0-100%

Other financials

Income statement

See full

Revenue$143.3M+0.4%

Net income-$12.9M-27.9%

EPS (diluted)-$0.10-25.0%

Balance sheet

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Cash & equivalents$2.3M-21.7%

Total debt$15.0K-85.0%

Total equity$1.5B-5.0%

Total assets$4.0B+0.7%

Cash flow

See full

Operating cash flow$28.1M+657%

Valuation

See full

Market cap$1.11B+20.3%

P/S2×+0.3×

Profitability

See full

Operating margin22%—

Net margin-15.3%+10.8pp

FCF margin-34.6%—

Returns & leverage

See full

Return on equity-5.7%+5.7pp

Where this comes from

Reported directly by Piedmont Office Realty Trust in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The official record: Piedmont Office Realty Trust’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Piedmont Office Realty Trust's minneapolis — 2026 impairment charges?: Piedmont Office Realty Trust (PDM) reported minneapolis — 2026 impairment charges of $0 in Q1 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.