Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Equity

v3.19.3.a.u2
Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Forward Equity Sale Agreement
Common Stock At-the-Market Program
Preferred Shares
Preferred Shares
Preferred Shares
Common Shares
Common Shares
Forward Equity Sale Agreement
Common Shares
Common Stock At-the-Market Program
Additional Paid-in Capital
Additional Paid-in Capital
Forward Equity Sale Agreement
Additional Paid-in Capital
Common Stock At-the-Market Program
Cumulative Distributions in Excess of Net Income
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Corporate Office Properties, L.P
Corporate Office Properties, L.P
Forward Equity Sale Agreement
Corporate Office Properties, L.P
Common Stock At-the-Market Program
Corporate Office Properties, L.P
Common Shares
Corporate Office Properties, L.P
Common Shares
Forward Equity Sale Agreement
Corporate Office Properties, L.P
Common Shares
Common Stock At-the-Market Program
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 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 (in units/ shares) at Dec. 31, 2016                                   102,089,042                
Balance (preferred units) at Dec. 31, 2016                                               352,000   6,900,000
Increase (Decrease) in Shareholders' Equity                                                    
Redemption of preferred shares/units         (6,900,000)                                         (6,900,000)
Redemption of preferred shares/units (172,500)     (172,500)         6,847     (6,847)     (172,500)                     $ (172,500)
Conversion of common units to common shares 0         3     4,633         (4,636)                        
Common shares issued during the period (in units/shares)   1,678,913 591,042                             1,678,913   591,042            
Common shares issued during the period $ 49,944   $ 19,668     17   $ 6 49,927   $ 19,662       49,944   $ 19,668 $ 49,944   $ 19,668            
Exercise of share options (in units/shares) 5,000                                 5,000                
Exercise of share options $ 150               150           150     $ 150                
Share-based compensation $ 6,095         2     6,093           6,095     $ 6,095                
Share-based compensation (in shares/units) 179,180                                 179,180                
Redemption of vested equity awards $ (1,973)               (1,973)           (1,973)     $ (1,973)                
Adjustments to noncontrolling interests resulting from changes in ownership of COPLP 0               (1,486)         1,486                        
Comprehensive income 76,630                     68,745 3,898 3,987 76,630     64,416     4,027 1,308   $ 660   6,219
Dividends/Distributions (116,158)                     (116,158)     (120,480)     (113,601)           $ (660)   $ (6,219)
Distributions to owners of common and preferred units in COPLP (4,322)                         (4,322)                        
Distributions to noncontrolling interests in other consolidated entities (2,617)                         (2,617) (2,617)             (2,617)        
Adjustment to arrive at fair value of redeemable noncontrolling interests 626               626           626     626                
Tax loss from share-based compensation $ (13)               (13)           (13)     $ (13)                
Balance (preferred units) at Dec. 31, 2017                                               352,000   0
Balance (in units/ shares) at Dec. 31, 2017 101,292,299                                 104,543,177                
Balance 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
Increase (Decrease) in Shareholders' Equity                                                    
Cumulative effect of accounting change for adoption of hedge accounting guidance 0                     (276) 276         (276)     276     0    
Balance as adjusted 1,468,307     0   1,013     2,201,047     (802,361) 2,443 66,165       $ 1,444,746     2,449 12,312   8,800   $ 0
Conversion of common units to common shares 0         19     27,394         (27,413)                        
Redemption of common units (in units)                                   (13,377)                
Redemption of common units (339)                         (339) (339)     $ (339)                
Common shares issued during the period (in units/shares)   5,907,000 991,664                               5,907,000 991,664            
Common shares issued during the period   $ 172,294 $ 29,732       $ 59 $ 10   $ 172,235 $ 29,722       172,294   $ 29,732   $ 172,294 $ 29,732            
Share-based compensation $ 6,963         1     6,962           6,963     $ 6,963                
Share-based compensation (in shares/units) 146,290                                 146,290                
Redemption of vested equity awards $ (1,702)               (1,702)           (1,702)     $ (1,702)                
Adjustments to noncontrolling interests resulting from changes in ownership of COPLP 0               (2,466)         2,466                        
Comprehensive income 73,550                     72,301 (2,681) 3,930 73,550     74,043     (2,570) 1,417   660    
Dividends/Distributions (116,748)                     (116,748)     (119,905)     (119,245)           $ (660)    
Distributions to owners of common and preferred units in COPLP (3,157)                         (3,157)                        
Distributions to noncontrolling interests in other consolidated entities (15)                         (15) (15)             (15)        
Adjustment to arrive at fair value of redeemable noncontrolling interests $ (1,837)               (1,837)           (1,837)     $ (1,837)                
Balance (preferred units) at Dec. 31, 2018                                             352,000 352,000   0
Balance (in units/ shares) at Dec. 31, 2018 110,241,868                                 111,574,754         1,332,886   110,241,868  
Balance at Dec. 31, 2018 $ 1,627,048     0   1,102     2,431,355     (846,808) (238) 41,637 1,627,048     $ 1,604,655     (121) 13,714   $ 8,800   $ 0
Increase (Decrease) in Shareholders' Equity                                                    
Conversion of common units to common shares 0         1     1,585         (1,586)                        
Redemption of common units (in units)                                   (924)                
Redemption of common units $ (25)                         (25) (25)     $ (25)                
Common shares issued during the period (in units/shares) 1,000 1,614,087                               1,000 1,614,087              
Common shares issued during the period $ 29 $ 46,454         $ 16   29 $ 46,438         29 $ 46,454   $ 29 $ 46,454              
Share-based compensation $ 7,456         2     6,131         1,323 7,456     $ 7,456                
Share-based compensation (in shares/units) 106,711                                 362,213                
Redemption of vested equity awards $ (2,064)               (2,064)           (2,064)     $ (2,064)                
Adjustments to noncontrolling interests resulting from changes in ownership of COPLP 0               (167)         167                        
Comprehensive income 170,632                     191,692 (25,206) 4,146 170,632     194,055     (25,527) 1,540   564    
Dividends/Distributions (123,159)                     (123,159)     (125,216)     (124,652)           $ (564)    
Distributions to owners of common and preferred units in COPLP (2,057)                         (2,057)                        
Contributions from noncontrolling interests in other consolidated entities 2,570                         2,570 2,570             2,570        
Distributions to noncontrolling interests in other consolidated entities (5,890)                         (5,890) (5,890)             (5,890)        
Adjustment to arrive at fair value of redeemable noncontrolling interests $ (1,749)               (1,749)           (1,749)     $ (1,749)                
Balance (preferred units) at Dec. 31, 2019                                             352,000 352,000   0
Balance (in units/ shares) at Dec. 31, 2019 112,068,705                                 113,551,130         1,482,425   112,068,705  
Balance at Dec. 31, 2019 $ 1,719,245     $ 0   $ 1,121     $ 2,481,558     $ (778,275) $ (25,444) $ 40,285 $ 1,719,245     $ 1,724,159     $ (25,648) $ 11,934   $ 8,800   $ 0