Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share ("EPS") and Earnings Per Unit ("EPU") (Details)

v3.5.0.2
Earnings Per Share ("EPS") and Earnings Per Unit ("EPU") (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Numerator:        
(Loss) income from continuing operations $ (4,829) $ 94,279 $ (45,049) $ 122,105
Gain on sales of real estate, net 34,101 15 34,101 4,000
Preferred share/unit dividends/distributions (3,552) (3,552) (10,657) (10,657)
Income from continuing operations attributable to noncontrolling interests (1,973) (4,494) (2,346) (7,322)
Income from continuing operations attributable to share-based compensation awards (105) (369) (319) (475)
Numerator for basic EPS from continuing operations attributable to COPT common shareholders 23,642 85,879 (24,270) 107,651
Convertible preferred shares/units 0 372 0 0
Dilutive effect of common units in COPLP on diluted EPS from continuing operations 0 0 0 4,225
Numerator for diluted EPS from continuing operations attributable to COPT common shareholders 23,642 86,251 (24,270) 111,876
Numerator for basic EPS from continuing operations attributable to COPT common shareholders 23,642 85,879 (24,270) 107,651
Discontinued operations 0 0 0 156
Discontinued operations attributable to noncontrolling interests 0 0 0 (3)
Numerator for basic EPS on net income attributable to COPT common shareholders 23,642 85,879 (24,270) 107,804
Convertible preferred shares/units 0 372 0 0
Dilutive effect of common units in COPLP 0   0 4,231
Numerator for diluted EPS on net income attributable to COPT common shareholders $ 23,642 $ 86,251 $ (24,270) $ 112,035
Denominator (all weighted averages):        
Denominator for basic EPS (common shares) 94,433 94,153 94,312 93,830
Convertible preferred shares (shares) 0 434 0 0
Dilutive effect of common units (shares) 0   0 3,697
Dilutive effect of share-based compensation awards (shares) 81 21 0 82
Denominator for diluted EPS (common shares) 94,514 94,608 94,312 97,609
Basic EPS:        
(Loss) income from continuing operations (in dollars per share/unit) $ 0.25 [1] $ 0.91 $ (0.26) [1] $ 1.15 [1]
Discontinued operations (in dollars per share/unit) [1] 0.00 0.00 0.00 0.00
Net income (loss) attributable to COPT common shareholders (in dollars per share/unit) [1] 0.25 0.91 (0.26) 1.15
Diluted EPS:        
(Loss) income from continuing operations (in dollars per share/unit) 0.25 [1] 0.91 (0.26) [1] 1.15 [1]
Discontinued operations (in dollars per share/unit) [1] 0.00 0.00 0.00 0.00
Net income (loss) attributable to COPT common shareholders (in dollars per share/unit) [1] $ 0.25 $ 0.91 $ (0.26) $ 1.15
Corporate Office Properties, L.P.        
Numerator:        
(Loss) income from continuing operations $ (4,829) $ 94,279 $ (45,049) $ 122,105
Gain on sales of real estate, net 34,101 15 34,101 4,000
Preferred share/unit dividends/distributions (3,717) (3,717) (11,152) (11,152)
Income from continuing operations attributable to noncontrolling interests (913) (972) (2,803) (2,605)
Income from continuing operations attributable to share-based compensation awards (105) (369) (319) (475)
Numerator for basic EPS from continuing operations attributable to COPT common shareholders 24,537 89,236 (25,222) 111,873
Convertible preferred shares/units 0 372 0 0
Numerator for diluted EPS from continuing operations attributable to COPT common shareholders 24,537 89,608 (25,222) 111,873
Numerator for basic EPS from continuing operations attributable to COPT common shareholders 24,537 89,236 (25,222) 111,873
Discontinued operations 0 0 0 156
Discontinued operations attributable to noncontrolling interests 0 0 0 3
Numerator for basic EPS on net income attributable to COPT common shareholders 24,537 89,236 (25,222) 112,032
Convertible preferred shares/units 0 372 0 0
Numerator for diluted EPS on net income attributable to COPT common shareholders $ 24,537 $ 89,608 $ (25,222) $ 112,032
Denominator (all weighted averages):        
Denominator for basic EPS (common shares) 98,024 97,832 97,960 97,527
Convertible preferred shares (shares) 0 434 0 0
Dilutive effect of share-based compensation awards (shares) 81 21 0 82
Denominator for diluted EPS (common shares) 98,105 98,287 97,960 97,609
Basic EPS:        
(Loss) income from continuing operations (in dollars per share/unit) [2] $ 0.25 $ 0.91 $ (0.26) $ 1.15
Discontinued operations (in dollars per share/unit) [2] 0.00 0.00 0.00 0.00
Net income (loss) attributable to COPT common shareholders (in dollars per share/unit) [2] 0.25 0.91 (0.26) 1.15
Diluted EPS:        
(Loss) income from continuing operations (in dollars per share/unit) [2] 0.25 0.91 (0.26) 1.15
Discontinued operations (in dollars per share/unit) [2] 0.00 0.00 0.00 0.00
Net income (loss) attributable to COPT common shareholders (in dollars per share/unit) [2] $ 0.25 $ 0.91 $ (0.26) $ 1.15
[1] Basic and diluted earnings per common share are calculated based on amounts attributable to common shareholders of Corporate Office Properties Trust.
[2] Basic and diluted earnings per common unit are calculated based on amounts attributable to common unitholders of Corporate Office Properties, L.P.