Annual report pursuant to Section 13 and 15(d)

Quarterly Data (Unaudited)

v3.10.0.1
Quarterly Data (Unaudited)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Data (Unaudited)
Quarterly Data (Unaudited)
The tables below set forth selected quarterly information for the years ended December 31, 2018 and 2017 (in thousands, except per share/unit data).
 
For the Year Ended December 31, 2018
 
For the Year Ended December 31, 2017
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
COPT and Subsidiaries
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
$
155,476

 
$
146,743

 
$
137,411

 
$
138,482

 
$
139,801

 
$
151,435

 
$
157,017

 
$
164,567

Net income
$
18,780

 
$
21,085

 
$
20,322

 
$
18,456

 
$
22,740

 
$
18,859

 
$
22,334

 
$
11,008

Net income attributable to noncontrolling interests
(1,630
)
 
(1,651
)
 
(1,625
)
 
(1,436
)
 
(1,721
)
 
(1,333
)
 
(1,755
)
 
(1,387
)
Net income attributable to COPT
17,150

 
19,434

 
18,697

 
17,020

 
21,019

 
17,526

 
20,579

 
9,621

Preferred share dividends

 

 

 

 
(3,180
)
 
(3,039
)
 

 

Issuance costs associated with redeemed preferred shares

 

 

 

 

 
(6,847
)
 

 

Net income attributable to COPT common shareholders
$
17,150

 
$
19,434

 
$
18,697

 
$
17,020

 
$
17,839

 
$
7,640

 
$
20,579

 
$
9,621

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic EPS
$
0.17

 
$
0.19

 
$
0.18

 
$
0.16

 
$
0.18

 
$
0.08

 
$
0.21

 
$
0.10

Diluted EPS
$
0.17

 
$
0.19

 
$
0.18

 
$
0.16

 
$
0.18

 
$
0.08

 
$
0.21

 
$
0.10


COPLP and Subsidiaries
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
$
155,476

 
$
146,743

 
$
137,411

 
$
138,482

 
$
139,801

 
$
151,435

 
$
157,017

 
$
164,567

Net income
$
18,780

 
$
21,085

 
$
20,322

 
$
18,456

 
$
22,740

 
$
18,859

 
$
22,334

 
$
11,008

Net income attributable to noncontrolling interests
(921
)
 
(878
)
 
(1,080
)
 
(1,061
)
 
(934
)
 
(907
)
 
(897
)
 
(908
)
Net income attributable to COPLP
17,859

 
20,207

 
19,242

 
17,395

 
21,806

 
17,952

 
21,437

 
10,100

Preferred unit distributions
(165
)
 
(165
)
 
(165
)
 
(165
)
 
(3,345
)
 
(3,204
)
 
(165
)
 
(165
)
Issuance costs associated with redeemed preferred units

 

 

 

 

 
(6,847
)
 

 

Net income attributable to COPLP common unitholders
$
17,694

 
$
20,042

 
$
19,077

 
$
17,230

 
$
18,461

 
$
7,901

 
$
21,272

 
$
9,935

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic EPU
$
0.17

 
$
0.19

 
$
0.18

 
$
0.16

 
$
0.18

 
$
0.08

 
$
0.21

 
$
0.10

Diluted EPU
$
0.17

 
$
0.19

 
$
0.18

 
$
0.16

 
$
0.18

 
$
0.08

 
$
0.21

 
$
0.10