| Schedule of selected quarterly information |
The tables below set forth selected quarterly information for the years ended December 31, 2019 and 2018 (in thousands, except per share/unit data).
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For the Year Ended December 31, 2019 |
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For the Year Ended December 31, 2018 |
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First Quarter |
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Second Quarter |
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Third Quarter |
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Fourth Quarter |
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First Quarter |
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Second Quarter |
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Third Quarter |
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Fourth Quarter |
COPT and Subsidiaries |
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Revenues |
$ |
148,940 |
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$ |
175,070 |
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$ |
159,431 |
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$ |
157,785 |
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$ |
155,476 |
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$ |
146,743 |
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$ |
137,411 |
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$ |
138,482 |
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Net income |
$ |
22,318 |
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$ |
109,563 |
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$ |
23,246 |
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$ |
44,877 |
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$ |
18,780 |
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$ |
21,085 |
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$ |
20,322 |
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$ |
18,456 |
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Net income attributable to noncontrolling interests |
(1,459 |
) |
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(2,772 |
) |
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(1,989 |
) |
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(2,092 |
) |
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(1,630 |
) |
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(1,651 |
) |
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(1,625 |
) |
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(1,436 |
) |
Net income attributable to COPT common shareholders |
$ |
20,859 |
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$ |
106,791 |
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$ |
21,257 |
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$ |
42,785 |
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$ |
17,150 |
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$ |
19,434 |
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$ |
18,697 |
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$ |
17,020 |
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Basic EPS |
$ |
0.19 |
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$ |
0.95 |
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$ |
0.19 |
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$ |
0.38 |
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$ |
0.17 |
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$ |
0.19 |
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$ |
0.18 |
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$ |
0.16 |
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Diluted EPS |
$ |
0.19 |
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$ |
0.95 |
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$ |
0.19 |
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$ |
0.38 |
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$ |
0.17 |
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$ |
0.19 |
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$ |
0.18 |
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$ |
0.16 |
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COPLP and Subsidiaries |
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Revenues |
$ |
148,940 |
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$ |
175,070 |
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$ |
159,431 |
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$ |
157,785 |
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$ |
155,476 |
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$ |
146,743 |
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$ |
137,411 |
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$ |
138,482 |
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Net income |
$ |
22,318 |
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$ |
109,563 |
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$ |
23,246 |
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$ |
44,877 |
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$ |
18,780 |
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$ |
21,085 |
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$ |
20,322 |
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$ |
18,456 |
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Net income attributable to noncontrolling interests |
(1,037 |
) |
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(1,268 |
) |
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(1,565 |
) |
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(1,515 |
) |
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(921 |
) |
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(878 |
) |
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(1,080 |
) |
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(1,061 |
) |
Net income attributable to COPLP |
21,281 |
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108,295 |
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21,681 |
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43,362 |
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17,859 |
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20,207 |
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19,242 |
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17,395 |
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Preferred unit distributions |
(165 |
) |
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(165 |
) |
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(157 |
) |
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(77 |
) |
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(165 |
) |
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(165 |
) |
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(165 |
) |
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(165 |
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Net income attributable to COPLP common unitholders |
$ |
21,116 |
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$ |
108,130 |
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$ |
21,524 |
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$ |
43,285 |
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$ |
17,694 |
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$ |
20,042 |
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$ |
19,077 |
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$ |
17,230 |
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Basic EPU |
$ |
0.19 |
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$ |
0.95 |
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$ |
0.19 |
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$ |
0.38 |
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$ |
0.17 |
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$ |
0.19 |
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$ |
0.18 |
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$ |
0.16 |
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Diluted EPU |
$ |
0.19 |
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$ |
0.95 |
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$ |
0.19 |
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$ |
0.38 |
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$ |
0.17 |
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$ |
0.19 |
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$ |
0.18 |
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$ |
0.16 |
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