Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Equity

v3.8.0.1
Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Common Stock Issued to Public Under At-the-Market Program
Forward Equity Sale Agreement
Preferred Shares
Common Shares
Common Shares
Common Stock Issued to Public Under At-the-Market Program
Common Shares
Forward Equity Sale Agreement
Additional Paid-in Capital
Additional Paid-in Capital
Common Stock Issued to Public Under At-the-Market Program
Additional Paid-in Capital
Forward Equity Sale Agreement
Cumulative Distributions in Excess of Net Income
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Corporate Office Properties, L.P.
Corporate Office Properties, L.P.
Common Stock Issued to Public Under At-the-Market Program
Corporate Office Properties, L.P.
Forward Equity Sale Agreement
Corporate Office Properties, L.P.
Common Shares
Corporate Office Properties, L.P.
Common Shares
Common Stock Issued to Public Under At-the-Market Program
Corporate Office Properties, L.P.
Common Shares
Forward Equity Sale Agreement
Corporate Office Properties, L.P.
Accumulated Other Comprehensive Income (Loss)
Corporate Office Properties, L.P.
Noncontrolling Interests
Corporate Office Properties, L.P.
Limited Partner
Corporate Office Properties, L.P.
Limited Partner
Preferred Shares
Corporate Office Properties, L.P.
General Partner
Corporate Office Properties, L.P.
General Partner
Preferred Shares
Balance (COPT: 98,498,651 and 101,292,299 shares as of December 31, 2016 and 2017, respectively) at Dec. 31, 2016 $ 1,612,777     $ 172,500 $ 985     $ 2,116,581     $ (747,825) $ (1,731) $ 72,267 $ 1,612,777     $ 1,419,710     $ (1,854) $ 13,621   $ 8,800   $ 172,500
Balance (preferred units) at Dec. 31, 2016                                             352,000   6,900,000
Balance (in units/shares) at Dec. 31, 2016 98,498,651                               102,089,042                
Increase (Decrease) in Shareholders' Equity                                                  
Conversion of common units to common shares (COPT: 185,000 and 53,817 shares as for the three months ended March 31, 2017 and 2018, respectively) $ 0       2     2,535         (2,537)                        
Common shares issued during the period   $ 18,222       $ 5     $ 18,217           $ 18,222     $ 18,222              
Common shares issued during the period (in shares)                                   546,782              
Share-based compensation issuance, net of redemptions (in units/shares) 159,801                               159,801                
Share-based compensation issuance, net of redemptions (COPT: 159,801 and 127,242 shares issued, net of redemptions for the three months ended March 31, 2017 and 2018, respectively) $ 1,582       2     1,580           1,582     $ 1,582                
Redemption of vested equity awards (1,753)             (1,753)           (1,753)     (1,753)                
Adjustments to noncontrolling interests resulting from changes in ownership of COPLP 0             (246)         246                        
Comprehensive income 23,581                   21,019 1,361 1,201 23,581     18,461     1,408 367   $ 165   $ 3,180
Dividends / Distributions to owners of common and preferred units (30,524)                   (30,524)     (31,625)     (28,280)           $ (165)   $ (3,180)
Distributions to owners of common and preferred units in COPLP (1,101)                       (1,101)                        
Distributions to noncontrolling interests in subsidiaries (2,606)                       (2,606) (2,606)             (2,606)        
Adjustment to arrive at fair value of redeemable noncontrolling interests $ (545)             (545)           (545)     $ (545)                
Balance (in units/shares) at Mar. 31, 2017 99,390,234                               102,795,625                
Balance (preferred units) at Mar. 31, 2017                                             352,000   6,900,000
Balance (COPT: 99,390,234 shares and 102,150,358 shares as of March 31, 2017 and 2018, respectively) at Mar. 31, 2017 $ 1,619,633     172,500 994     2,136,369     (757,330) (370) 67,470 1,619,633     $ 1,427,397     (446) 11,382   $ 8,800   $ 172,500
Increase (Decrease) in Shareholders' Equity                                                  
Cumulative effect of accounting change for adoption of hedge accounting guidance                     (276) 276         (276)     276          
Balance, as adjusted 1,468,307     0 1,013     2,201,047     (802,361) 2,443 66,165 1,468,307     1,444,746     2,449 12,312   8,800   0
Balance (COPT: 98,498,651 and 101,292,299 shares as of December 31, 2016 and 2017, respectively) at Dec. 31, 2017 $ 1,468,307     0 1,013     2,201,047     (802,085) 2,167 66,165 1,468,307     $ 1,445,022     2,173 12,312   $ 8,800   $ 0
Balance (preferred units) at Dec. 31, 2017                                           352,000 352,000   0
Balance (in units/shares) at Dec. 31, 2017 101,292,299                               104,543,177         3,250,878   101,292,299  
Increase (Decrease) in Shareholders' Equity                                                  
Conversion of common units to common shares (COPT: 185,000 and 53,817 shares as for the three months ended March 31, 2017 and 2018, respectively) $ 0       1     760         (761)                        
Common shares issued during the period     $ 19,976       $ 7     $ 19,969           $ 19,976     $ 19,976            
Common shares issued during the period (in shares)     677,000                               677,000            
Share-based compensation issuance, net of redemptions (in units/shares) 127,242                               127,242                
Share-based compensation issuance, net of redemptions (COPT: 159,801 and 127,242 shares issued, net of redemptions for the three months ended March 31, 2017 and 2018, respectively) $ 1,680       1     1,679           1,680     $ 1,680                
Redemption of vested equity awards (1,327)             (1,327)           (1,327)     (1,327)                
Adjustments to noncontrolling interests resulting from changes in ownership of COPLP 0             (164)         164                        
Comprehensive income 23,063                   17,150 4,761 1,152 23,063     17,694     4,921 283   $ 165   $ 0
Dividends / Distributions to owners of common and preferred units (28,091)                   (28,091)     (29,135)     (28,970)           $ (165)   $ 0
Distributions to owners of common and preferred units in COPLP (1,044)                       (1,044)                        
Distributions to noncontrolling interests in subsidiaries (3)                       (3) (3)             (3)        
Adjustment to arrive at fair value of redeemable noncontrolling interests $ (537)             (537)           (537)     $ (537)                
Balance (in units/shares) at Mar. 31, 2018 102,150,358                               105,347,419         3,197,061   102,150,358  
Balance (preferred units) at Mar. 31, 2018                                           352,000 352,000   0
Balance (COPT: 99,390,234 shares and 102,150,358 shares as of March 31, 2017 and 2018, respectively) at Mar. 31, 2018 $ 1,482,024     $ 0 $ 1,022     $ 2,221,427     $ (813,302) $ 7,204 $ 65,673 $ 1,482,024     $ 1,453,262     $ 7,370 $ 12,592   $ 8,800   $ 0