Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Equity

v3.6.0.2
Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Preferred Shares [Member]
Common Shares [Member]
Additional Paid-in Capital [Member]
Cumulative Distributions in Excess of Net Income [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Noncontrolling Interests [Member]
Corporate Office Properties, L.P. [Member]
Corporate Office Properties, L.P. [Member]
Common Shares [Member]
Corporate Office Properties, L.P. [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Corporate Office Properties, L.P. [Member]
Noncontrolling Interests [Member]
Corporate Office Properties, L.P. [Member]
Limited Partner [Member]
Corporate Office Properties, L.P. [Member]
Limited Partner [Member]
Preferred Shares [Member]
Corporate Office Properties, L.P. [Member]
General Partner [Member]
Corporate Office Properties, L.P. [Member]
General Partner [Member]
Preferred Shares [Member]
Balance at Dec. 31, 2013 $ 1,497,249 $ 249,083 $ 874 $ 1,814,015 $ (641,868) $ 3,480 $ 71,665 $ 1,497,249 $ 1,226,318 $ 3,605 $ 9,443   $ 8,800   $ 249,083
Balance (in units/ shares) at Dec. 31, 2013 87,394,512               91,372,212            
Balance (preferred units) at Dec. 31, 2013                         352,000   9,431,667
Increase (Decrease) in Shareholders' Equity                              
Redemption of preferred shares/units   (2,000,000)                         (2,000,000)
Redemption of preferred shares/units (2,000,000 shares in 2014 and 531,667 shares in 2016, respectively) $ (50,000) $ (50,000)   1,769 (1,769)     (50,000)             $ (50,000)
Conversion of common units to common shares (140,149, 160,160 and 87,000 shares in 2014, 2015 and 2016 respectively) 0   2 1,841     (1,843)                
Shares issued to the public (5,520,000 common shares in 2014, respectively) $ 148,666   $ 55 148,611       148,666 $ 148,666            
Shares issued to the public (in units/shares)     5,520,000           5,520,000            
Exercise of share options (in units/shares) 62,888               62,888            
Exercise of share options (62,888, 76,474 and shares in 2014 and 2015 respectively) $ 1,489     1,489       1,489 $ 1,489            
Share-based compensation (137,735, 149,353 and 158,912 shares issued, net of redemptions in 2014, 2015 and 2016 respectively) $ 7,050   $ 2 7,048       7,050 $ 7,050            
Share-based compensation (in shares/units) 137,735               137,735            
Redemption of vested equity awards $ (1,554)     (1,554)       (1,554) $ (1,554)            
Adjustments to noncontrolling interests resulting from changes in ownership of COPLP 0     (3,382)     3,382                
Comprehensive income 38,274       40,255 (4,777) 2,796 38,274 25,331 (4,986) 1,330   $ 660   15,939
Dividends/Distributions (113,882)       (113,882)     (118,811) (102,212)       $ (660)   $ (15,939)
Distributions to owners of common and preferred units in COPLP (4,929)           (4,929)                
Contributions from noncontrolling interests in other consolidated entities 3           3 3     3        
Distributions to noncontrolling interests in other consolidated entities (1,613)           (1,613) (1,613)     (1,613)        
Adjustment to arrive at fair value of redeemable noncontrolling interests 134     134       134 134            
Tax loss from share-based compensation $ (3)     (3)       (3) $ (3)            
Balance (preferred units) at Dec. 31, 2014                         352,000   7,431,667
Balance (in units/ shares) at Dec. 31, 2014 93,255,284               97,092,835            
Balance at Dec. 31, 2014 $ 1,520,884 $ 199,083 933 1,969,968 (717,264) (1,297) 69,461 1,520,884 $ 1,305,219 (1,381) 9,163   $ 8,800   $ 199,083
Increase (Decrease) in Shareholders' Equity                              
Redemption of preferred shares/units   0                          
Conversion of common units to common shares (140,149, 160,160 and 87,000 shares in 2014, 2015 and 2016 respectively) 0   $ 2 2,149     (2,151)                
Shares issued to the public (in units/shares)     0                        
Issuance of common units resulting from common shares issued under at-the-market program (in units)                 890,241            
Issuance of common units resulting from common shares issued under at-the-market program (890,241 shares in 2015 and 3,721,227 shares in 2016) $ 26,535   $ 9 26,526       26,535 $ 26,535            
Exercise of share options (in units/shares) 76,474               76,474            
Exercise of share options (62,888, 76,474 and shares in 2014 and 2015 respectively) $ 2,008     2,008       2,008 $ 2,008            
Share-based compensation (137,735, 149,353 and 158,912 shares issued, net of redemptions in 2014, 2015 and 2016 respectively) $ 7,398   1 7,397       7,398 $ 7,398            
Share-based compensation (in shares/units) 149,353               149,353            
Redemption of vested equity awards $ (2,462)     (2,462)       (2,462) $ (2,462)            
Adjustments to noncontrolling interests resulting from changes in ownership of COPLP 0     (682)     682                
Comprehensive income 185,247       178,300 (1,541) 8,488 185,247 170,488 (1,604) 1,493   660   14,210
Dividends/Distributions (118,208)       (118,208)     (122,914) (108,044)       $ (660)   $ (14,210)
Distributions to owners of common and preferred units in COPLP (4,706)           (4,706)                
Contributions from noncontrolling interests in other consolidated entities 300           300 300     300        
Distributions to noncontrolling interests in other consolidated entities (35)           (35) (35)     (35)        
Adjustment to arrive at fair value of redeemable noncontrolling interests 116     116       116 116            
Tax loss from share-based compensation $ (513)     (513)       (513) $ (513)            
Balance (preferred units) at Dec. 31, 2015                       352,000 352,000 7,431,667 7,431,667
Balance (in units/ shares) at Dec. 31, 2015 94,531,512               98,208,903     3,677,391   94,531,512  
Balance at Dec. 31, 2015 $ 1,616,564 $ 199,083 945 2,004,507 (657,172) (2,838) 72,039 1,616,564 $ 1,400,745 (2,985) 10,921   $ 8,800   $ 199,083
Increase (Decrease) in Shareholders' Equity                              
Redemption of preferred shares/units   (531,667)                         (531,667)
Redemption of preferred shares/units (2,000,000 shares in 2014 and 531,667 shares in 2016, respectively) (26,583) $ (26,583)   17 (17)     26,583             $ (26,583)
Conversion of common units to common shares (140,149, 160,160 and 87,000 shares in 2014, 2015 and 2016 respectively) 0   1 1,166     (1,167)                
Issuance of common units resulting from common shares issued under at-the-market program (in units)                 3,721,227            
Issuance of common units resulting from common shares issued under at-the-market program (890,241 shares in 2015 and 3,721,227 shares in 2016) 109,053   37 109,016       109,053 $ 109,053            
Share-based compensation (137,735, 149,353 and 158,912 shares issued, net of redemptions in 2014, 2015 and 2016 respectively) $ 7,453   2 7,451       7,453 $ 7,453            
Share-based compensation (in shares/units) 158,912               158,912            
Redemption of vested equity awards $ (2,466)     (2,466)       (2,466) $ (2,466)            
Adjustments to noncontrolling interests resulting from changes in ownership of COPLP 0     (2,158)     2,158                
Comprehensive income 14,543       11,439 1,107 1,997 14,543 (3,017) 1,131 1,472   660   14,297
Dividends/Distributions (119,526)       (119,526)     (124,176) (109,219)       $ (660)   $ (14,297)
Distributions to owners of common and preferred units in COPLP (4,650)           (4,650)                
Contributions from noncontrolling interests in other consolidated entities 1,244           1,244 1,244     1,244        
Distributions to noncontrolling interests in other consolidated entities (16)           (16) (16)     (16)        
Adjustment to arrive at fair value of redeemable noncontrolling interests (621)     (621)       (621) (621)            
Tax loss from share-based compensation $ (331)     (331)       (331) $ (331)            
Balance (preferred units) at Dec. 31, 2016                       352,000 352,000 6,900,000 6,900,000
Balance (in units/ shares) at Dec. 31, 2016 98,498,651               102,089,042.000     3,590,391   98,498,651  
Balance at Dec. 31, 2016 $ 1,594,664 $ 172,500 $ 985 $ 2,116,581 $ (765,276) $ (1,731) $ 71,605 $ 1,594,664 $ 1,401,597 $ (1,854) $ 13,621   $ 8,800   $ 172,500