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: 337,000 and 1,895,627 shares for the nine months ended September 30, 2017 and 2018, respectively) $ 0       3     4,599         (4,602)                        
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 nine months ended September 30, 2017) $ 150       0     150           150     $ 150                
Share-based compensation issuance, net of redemptions (in units/shares) 176,477                               176,477                
Share-based compensation issuance, net of redemptions (COPT: 176,477 and 141,633 shares issued, net of redemptions for the nine months ended September 30, 2017 and 2018, respectively) $ 4,444       2     4,442           4,444     $ 4,444                
Redemption of vested equity awards (1,869)             (1,869)           (1,869)     (1,869)                
Adjustments to noncontrolling interests resulting from changes in ownership of COPLP 0             (589)         589                        
Comprehensive income 63,115                   59,124 872 3,119 63,115     54,481     902 1,018   $ 495   6,219
Dividends / Distributions to owners of common and preferred units (88,300)                   (88,300)     (91,562)     (84,848)           $ (495)   $ (6,219)
Distributions to owners of common and preferred units in COPLP (3,262)                       (3,262)                        
Distributions to noncontrolling interests in subsidiaries (2,614)                       (2,614) (2,614)             (2,614)        
Adjustment to arrive at fair value of redeemable noncontrolling interests $ 244             244           244     $ 244                
Balance (in units/shares) at Sep. 30, 2017 99,608,170                               102,861,561                
Balance (preferred units) at Sep. 30, 2017                                             352,000   0
Balance (COPT: 99,608,170 shares and 108,848,223 shares as of September 30, 2017 and 2018, respectively) at Sep. 30, 2017 $ 1,431,853     0 996     2,150,067     (783,848) (859) 65,497 1,431,853     $ 1,411,980     (952) 12,025   $ 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: 337,000 and 1,895,627 shares for the nine months ended September 30, 2017 and 2018, respectively) $ 0       19     27,263         (27,282)                        
Common shares issued during the period   $ 29,732 $ 132,330     $ 10 $ 45   $ 29,722 $ 132,285         $ 29,732 $ 132,330   $ 29,732 $ 132,330            
Common shares issued during the period (in shares)     4,527,000                             991,664 4,527,000            
Share-based compensation issuance, net of redemptions (in units/shares) 141,633                               141,633                
Share-based compensation issuance, net of redemptions (COPT: 176,477 and 141,633 shares issued, net of redemptions for the nine months ended September 30, 2017 and 2018, respectively) $ 5,179       1     5,178           5,179     $ 5,179                
Redemption of vested equity awards (1,611)             (1,611)           (1,611)     (1,611)                
Adjustments to noncontrolling interests resulting from changes in ownership of COPLP 0             (2,069)         2,069                        
Comprehensive income 66,188                   55,281 7,665 3,242 66,188     56,813     7,904 976   $ 495   $ 0
Dividends / Distributions to owners of common and preferred units (86,428)                   (86,428)     (89,054)     (88,559)           $ (495)   $ 0
Distributions to owners of common and preferred units in COPLP (2,626)                       (2,626)                        
Distributions to noncontrolling interests in subsidiaries (11)                       (11) (11)             (11)        
Adjustment to arrive at fair value of redeemable noncontrolling interests $ (1,331)             (1,331)           (1,331)     $ (1,331)                
Balance (in units/shares) at Sep. 30, 2018 108,848,223                               110,203,474         1,355,251   108,848,223  
Balance (preferred units) at Sep. 30, 2018                                           352,000 352,000   0
Balance (COPT: 99,608,170 shares and 108,848,223 shares as of September 30, 2017 and 2018, respectively) at Sep. 30, 2018 $ 1,609,729     $ 0 $ 1,088     $ 2,390,484     $ (833,508) $ 10,108 $ 41,557 $ 1,609,729     $ 1,577,299     $ 10,353 $ 13,277   $ 8,800   $ 0