Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Equity

v3.10.0.1
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                                                  
Redemption of preferred units resulting from redemption of preferred shares (in units)                                                 (6,900,000)
Redemption of preferred shares (6,900,000 shares) $ (172,500)     (172,500)       6,847     (6,847)     (172,500)                     $ (172,500)
Conversion of common units to common shares (COPT: 187,000 and 53,817 shares for the six months ended June 30, 2017 and 2018, respectively) $ 0       2     2,562         (2,564)                        
Common shares issued during the period   $ 19,668       $ 6     $ 19,662           $ 19,668     $ 19,668              
Common shares issued during the period (in shares)                                   591,042              
Issuance of common units resulting from exercise of share options (in units) 5,000                               5,000                
Issuance of common units resulting from exercise of share options (COPT: 5,000 shares for the six months ended June 30, 2017) $ 150       0     150           150     $ 150                
Share-based compensation issuance, net of redemptions (in units/shares) 189,948                               189,948                
Share-based compensation issuance, net of redemptions (COPT: 189,948 and 137,379 shares issued, net of redemptions for the six months ended June 30, 2017 and 2018, respectively) $ 3,047       2     3,045           3,047     $ 3,047                
Redemption of vested equity awards (1,813)             (1,813)           (1,813)     (1,813)                
Adjustments to noncontrolling interests resulting from changes in ownership of COPLP 0             (514)         514                        
Comprehensive income 41,047                   38,545 568 1,934 41,047     33,209     588 701   $ 330   6,219
Dividends / Distributions to owners of common and preferred units (60,922)                   (60,922)     (63,124)     (56,575)           $ (330)   $ (6,219)
Distributions to owners of common and preferred units in COPLP (2,202)                       (2,202)                        
Distributions to noncontrolling interests in subsidiaries (2,610)                       (2,610) (2,610)             (2,610)        
Adjustment to arrive at fair value of redeemable noncontrolling interests $ (401)             (401)           (401)     $ (401)                
Balance (in units/shares) at Jun. 30, 2017 99,471,641                               102,875,032                
Balance (preferred units) at Jun. 30, 2017                                             352,000   0
Balance (COPT: 99,471,641 shares and 103,260,495 shares as of June 30, 2017 and 2018, respectively) at Jun. 30, 2017 $ 1,436,241     0 995     2,146,119     (777,049) (1,163) 67,339 1,436,241     $ 1,416,995     (1,266) 11,712   $ 8,800   $ 0
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: 187,000 and 53,817 shares for the six months ended June 30, 2017 and 2018, respectively) $ 0       1     760         (761)                        
Common shares issued during the period     $ 52,227       $ 18     $ 52,209           $ 52,227     $ 52,227            
Common shares issued during the period (in shares)     1,777,000                               1,777,000            
Share-based compensation issuance, net of redemptions (in units/shares) 137,379                               137,379                
Share-based compensation issuance, net of redemptions (COPT: 189,948 and 137,379 shares issued, net of redemptions for the six months ended June 30, 2017 and 2018, respectively) $ 3,400       1     3,399           3,400     $ 3,400                
Redemption of vested equity awards (1,525)             (1,525)           (1,525)     (1,525)                
Adjustments to noncontrolling interests resulting from changes in ownership of COPLP 0             (702)         702                        
Comprehensive income 45,422                   36,584 6,569 2,269 45,422     37,736     6,786 570   $ 330   $ 0
Dividends / Distributions to owners of common and preferred units (56,493)                   (56,493)     (58,581)     (58,251)           $ (330)   $ 0
Distributions to owners of common and preferred units in COPLP (2,088)                       (2,088)                        
Distributions to noncontrolling interests in subsidiaries (7)                       (7) (7)             (7)        
Adjustment to arrive at fair value of redeemable noncontrolling interests $ (758)             (758)           (758)     $ (758)                
Balance (in units/shares) at Jun. 30, 2018 103,260,495                               106,457,556         3,197,061   103,260,495  
Balance (preferred units) at Jun. 30, 2018                                           352,000 352,000   0
Balance (COPT: 99,471,641 shares and 103,260,495 shares as of June 30, 2017 and 2018, respectively) at Jun. 30, 2018 $ 1,508,485     $ 0 $ 1,033     $ 2,254,430     $ (822,270) $ 9,012 $ 66,280 $ 1,508,485     $ 1,477,575     $ 9,235 $ 12,875   $ 8,800   $ 0