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PKY > SEC Filings for PKY > Form 8-K on 3-Jan-2014All Recent SEC Filings

Show all filings for PARKWAY PROPERTIES INC



Other Events, Financial Statements and Exhibits

Item 8.01 Other Events.

Parkway Properties, Inc. (the "Company") is re-issuing its historical consolidated financial statements for the years ended December 31, 2012, 2011 and 2010, in connection with the requirements of generally accepted accounting principles ("GAAP"). GAAP provisions require, among other things, that the results of operations of certain of the Company's real properties which have been sold or are held for sale, be classified as discontinued operations and segregated in the Company's Consolidated Statements of Operations. In compliance with GAAP, the Company has presented the net operating results of those properties sold or classified as held for sale through September 30, 2013 as discontinued operations for all periods presented in the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2013 (including the comparable periods of the prior year). Under requirements of the Securities Exchange Commission (the "SEC"), the same reclassification of continuing and discontinued operations as prescribed by GAAP is required for all previously issued annual financial statements for each of the three years shown in the Company's last Annual Report on Form 10-K, if those financials are incorporated by reference in subsequent filings with the SEC made under the Securities Act of 1933, as amended, even though those financial statements relate to periods prior to the date of the reclassification. The reclassification has no effect on the Company's reported stockholders' equity or net income (loss) attributable to common stockholders.

This Current Report on Form 8-K updates Items 6, 7, 7A and 8 of the Company's Form 10-K for the year ended December 31, 2012 (the "Form 10-K"), to reflect the results of operations for the Company's real properties which have been sold prior to or are held for sale at September 30, 2013, as discontinued operations. The updated financial information is attached to this Current Report on Form 8-K as Exhibit 99.1. All other items of the Company's Form 10-K remain unchanged. Therefore, this Current Report on Form 8-K should be read in conjunction with the Form 10-K and the Company's filings with the SEC subsequent to the filing of the Form 10-K, including its Quarterly Reports of Form 10-Q for the quarter ended March 31, 2013, June 30, 2013 and September 30, 2013. No attempt has been made to update matters in the Form 10-K except to the extent expressly provided above.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits.

  23.1      Consent of Ernst & Young LLP
  23.2      Consent of KPMG LLP
  99.1      Updated financial information in Items 6, 7, 7A and 8 of Parkway
            Properties, Inc.'s Report on Form 10-K for the years ended December
            31, 2012, 2011 and 2010
 101.INS    XBRL Instance Document
 101.SCH    XBRL Taxonomy Extension Schema Document
 101.CAL    XBRL Taxonomy Calculation Linkbase Document
 101.DEF    XBRL Taxonomy Extension Definition Linkbase Document
 101.LAB    XBRL Taxonomy Extension Label Linkbase Document
 101.PRE    XBRL Taxonomy Extension Presentation Linkbase Document

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