Annual report pursuant to Section 13 and 15(d)

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

v3.19.3.a.u2
Earnings Per Share ("EPS") and Earnings Per Unit (“EPU”) (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Numerator:                      
Net income attributable to COPT/COPLP                 $ 191,692 $ 72,301 $ 68,745
Preferred share/ unit dividends/ distributions                 0 0 (6,219)
Issuance costs associated with redeemed preferred shares                 0 0 (6,847)
Income attributable to share-based compensation awards                 (656) (462) (449)
Numerator for basic EPS on net income attributable to COPT/COPLP common shareholders/unitholders                 191,036 71,839 55,230
Redeemable noncontrolling interests                 132 0 0
Income attributable to share-based compensation awards                 33 0 0
Numerator for diluted EPS on net income attributable to COPT/COPLP common shareholders/unitholders                 $ 191,201 $ 71,839 $ 55,230
Denominator (all weighted averages):                      
Denominator for basic EPS (common shares/units)                 111,196 103,946 98,969
Dilutive effect of redeemable noncontrolling interests (common shares/units)                 119 0 0
Dilutive effect of share-based compensation awards (common shares/units)                 308 134 132
Dilutive effect of forward equity sale agreements (common shares/units)                 0 45 54
Denominator for diluted EPS (common shares/units)                 111,623 104,125 99,155
Basic earnings per common share/unit (in dollars per share/unit) $ 0.38 $ 0.19 $ 0.95 $ 0.19 $ 0.16 $ 0.18 $ 0.19 $ 0.17 $ 1.72 [1] $ 0.69 [1] $ 0.56 [1]
Diluted earnings per common share/unit (in dollars per share/unit) $ 0.38 $ 0.19 $ 0.95 $ 0.19 $ 0.16 $ 0.18 $ 0.19 $ 0.17 $ 1.71 [1] $ 0.69 [1] $ 0.56 [1]
Corporate Office Properties, L.P                      
Numerator:                      
Net income attributable to COPT/COPLP $ 43,362 $ 21,681 $ 108,295 $ 21,281 $ 17,395 $ 19,242 $ 20,207 $ 17,859 $ 194,619 $ 74,703 $ 71,295
Preferred share/ unit dividends/ distributions $ (77) $ (157) $ (165) $ (165) $ (165) $ (165) $ (165) $ (165) (564) (660) (6,879)
Issuance costs associated with redeemed preferred shares                 0 0 (6,847)
Income attributable to share-based compensation awards                 (785) (462) (449)
Numerator for basic EPS on net income attributable to COPT/COPLP common shareholders/unitholders                 193,270 73,581 57,120
Redeemable noncontrolling interests                 132 0 0
Income attributable to share-based compensation awards                 33 0 0
Numerator for diluted EPS on net income attributable to COPT/COPLP common shareholders/unitholders                 $ 193,435 $ 73,581 $ 57,120
Denominator (all weighted averages):                      
Denominator for basic EPS (common shares/units)                 112,495 106,414 102,331
Dilutive effect of redeemable noncontrolling interests (common shares/units)                 119 0 0
Dilutive effect of share-based compensation awards (common shares/units)                 308 134 132
Dilutive effect of forward equity sale agreements (common shares/units)                 0 45 54
Denominator for diluted EPS (common shares/units)                 112,922 106,593 102,517
Basic earnings per common share/unit (in dollars per share/unit) $ 0.38 $ 0.19 $ 0.95 $ 0.19 $ 0.16 $ 0.18 $ 0.19 $ 0.17 $ 1.72 [2] $ 0.69 [2] $ 0.56 [2]
Diluted earnings per common share/unit (in dollars per share/unit) $ 0.38 $ 0.19 $ 0.95 $ 0.19 $ 0.16 $ 0.18 $ 0.19 $ 0.17 $ 1.71 [2] $ 0.69 [2] $ 0.56 [2]
[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.