Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share ("EPS") and Earnings Per Unit ("EPU") (Details)

v3.19.3
Earnings Per Share ("EPS") and Earnings Per Unit ("EPU") (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Numerator:        
Net income attributable to COPT/COPLP $ 21,257 $ 18,697 $ 148,907 $ 55,281
Income attributable to share-based compensation awards (123) (114) (495) (348)
Numerator for basic EPS on net income attributable to COPT common shareholders 21,134 18,583 148,412 54,933
Redeemable noncontrolling interests 0 0 100 0
Income attributable to share-based compensation awards 5 0 26 0
Numerator for diluted EPS on net income attributable to COPT/COPLP common share/unit holders $ 21,139 $ 18,583 $ 148,538 $ 54,933
Denominator (all weighted averages):        
Denominator for basic EPS/EPU (common shares/units) 111,582 104,379 111,036 102,401
Dilutive effect of share-based compensation awards (in shares/units) 361 231 313 165
Dilutive effect of redeemable noncontrolling interests (in shares/units) 0 0 123 0
Dilutive effect of forward equity sale agreements (in shares/units) 0 178 0 60
Denominator for diluted EPS/EPU (common shares/units) 111,943 104,788 111,472 102,626
Basic EPS:        
Basic earnings per common share (in dollars per share/unit) [1] $ 0.19 $ 0.18 $ 1.34 $ 0.54
Diluted EPS:        
Diluted earnings per common share (in dollars per share/unit) [1] $ 0.19 $ 0.18 $ 1.33 $ 0.54
Corporate Office Properties, L.P.        
Numerator:        
Net income attributable to COPT/COPLP $ 21,681 $ 19,242 $ 151,257 $ 57,308
Preferred share/unit dividends/distributions (157) (165) (487) (495)
Income attributable to share-based compensation awards (139) (114) (592) (348)
Numerator for basic EPS on net income attributable to COPT common shareholders 21,385 18,963 150,178 56,465
Redeemable noncontrolling interests 0 100 0
Income attributable to share-based compensation awards 5 0 26 0
Numerator for diluted EPS on net income attributable to COPT/COPLP common share/unit holders $ 21,390 $ 18,963 $ 150,304 $ 56,465
Denominator (all weighted averages):        
Denominator for basic EPS/EPU (common shares/units) 112,894 106,514 112,359 105,248
Dilutive effect of share-based compensation awards (in shares/units) 361 231 313 165
Dilutive effect of redeemable noncontrolling interests (in shares/units) 0 0 123 0
Dilutive effect of forward equity sale agreements (in shares/units) 0 178 0 60
Denominator for diluted EPS/EPU (common shares/units) 113,255 106,923 112,795 105,473
Basic EPS:        
Basic earnings per common share (in dollars per share/unit) [2] $ 0.19 $ 0.18 $ 1.34 $ 0.54
Diluted EPS:        
Diluted earnings per common share (in dollars per share/unit) [2] $ 0.19 $ 0.18 $ 1.33 $ 0.54
[1] Basic and diluted earnings per common share are calculated based on amounts attributable to common shareholders of Corporate Office Properties Trust.
[2] Basic and diluted earnings per common unit are calculated based on amounts attributable to common unitholders of Corporate Office Properties, L.P.