Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Equity

v3.20.2
Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Forward Equity Sale Agreement
Common Shares
Common Shares
Forward Equity Sale Agreement
Additional Paid-in Capital
Additional Paid-in Capital
Forward Equity Sale Agreement
Cumulative Distributions in Excess of Net Income
Accumulated Other Comprehensive Loss
Noncontrolling Interests
Corporate Office Properties, L.P.
Corporate Office Properties, L.P.
Forward Equity Sale Agreement
Corporate Office Properties, L.P.
Common Shares
Corporate Office Properties, L.P.
Common Shares
Forward Equity Sale Agreement
Corporate Office Properties, L.P.
Accumulated Other Comprehensive Loss
Corporate Office Properties, L.P.
Noncontrolling Interests
Corporate Office Properties, L.P.
Limited Partner
Corporate Office Properties, L.P.
Limited Partner
Preferred Shares
Cumulative Effect, Period Of Adoption, Adjustment
Cumulative Effect, Period Of Adoption, Adjustment
Cumulative Distributions in Excess of Net Income
Cumulative Effect, Period Of Adoption, Adjustment
Corporate Office Properties, L.P.
Cumulative Effect, Period Of Adoption, Adjustment
Corporate Office Properties, L.P.
Common Shares
Cumulative Effect, Period of Adoption, Adjusted Balance
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Shares
Cumulative Effect, Period of Adoption, Adjusted Balance
Additional Paid-in Capital
Cumulative Effect, Period of Adoption, Adjusted Balance
Cumulative Distributions in Excess of Net Income
Cumulative Effect, Period of Adoption, Adjusted Balance
Accumulated Other Comprehensive Loss
Cumulative Effect, Period of Adoption, Adjusted Balance
Noncontrolling Interests
Cumulative Effect, Period of Adoption, Adjusted Balance
Corporate Office Properties, L.P.
Cumulative Effect, Period of Adoption, Adjusted Balance
Corporate Office Properties, L.P.
Common Shares
Cumulative Effect, Period of Adoption, Adjusted Balance
Corporate Office Properties, L.P.
Accumulated Other Comprehensive Loss
Cumulative Effect, Period of Adoption, Adjusted Balance
Corporate Office Properties, L.P.
Noncontrolling Interests
Cumulative Effect, Period of Adoption, Adjusted Balance
Corporate Office Properties, L.P.
Limited Partner
Preferred Shares
Balance, preferred units (in share/units) at Dec. 31, 2018                                 352,000                              
Balance at Dec. 31, 2018 $ 1,627,048   $ 1,102   $ 2,431,355   $ (846,808) $ (238) $ 41,637 $ 1,627,048   $ 1,604,655   $ (121) $ 13,714   $ 8,800                              
Balance (in units/ shares) at Dec. 31, 2018 110,241,868                     111,574,754                                        
Increase (Decrease) in Shareholders' Equity                                                                
Conversion of common units to common shares $ 0       80       (80)                                              
Redemption of common units (in units)                       (44)                                        
Redemption of common units (1)               (1) (1)   $ (1)                                        
Redemption of vested equity awards $ (1,920)       (1,920)         (1,920)   $ (1,920)                                        
Issuance of common units resulting from common shares issued under COPT forward equity sale agreements (in units)   1,614,087                     1,614,087                                      
Common shares issued under sale agreements and programs   $ 46,454   $ 16   $ 46,438         $ 46,454   $ 46,454                                      
Share-based compensation issuance, net of redemptions (in units) 88,432                     343,934                                        
Share-based compensation issuance, net of redemptions $ 3,635   1   3,049       585 3,635   $ 3,635                                        
Adjustments to noncontrolling interests resulting from changes in ownership of COPLP 0       (834)       834                                              
Comprehensive income 106,820           127,650 (23,227) 2,397 106,820   129,246   (23,517) 761   330                              
Dividends/Distributions (61,509)           (61,509)     (62,612)   (62,282)         $ (330)                              
Distributions to owners of common and preferred units in COPLP (1,103)               (1,103)                                              
Contributions from noncontrolling interests in other consolidated entities 2,570               2,570 2,570         2,570                                  
Distributions to noncontrolling interests in other consolidated entities/subsidiaries (8)               (8) (8)         (8)                                  
Adjustment to arrive at fair value of redeemable noncontrolling interests $ (2,875)       (2,875)         (2,875)   $ (2,875)                                        
Balance, preferred units (in shares/units) at Jun. 30, 2019                                 352,000                              
Balance (in units/ shares) at Jun. 30, 2019 111,949,887                     113,532,731                                        
Balance at Jun. 30, 2019 $ 1,719,111   1,119   2,475,293   (780,667) (23,465) 46,831 1,719,111   $ 1,716,912   (23,638) 17,037   $ 8,800                              
Balance, preferred units (in share/units) at Mar. 31, 2019                                 352,000                              
Balance at Mar. 31, 2019 $ 1,656,178   1,119   2,475,497   (856,703) (9,538) 45,803 1,656,178   $ 1,640,272   (9,536) 16,642   $ 8,800                              
Balance (in units/ shares) at Mar. 31, 2019 111,939,790                     113,515,814                                        
Increase (Decrease) in Shareholders' Equity                                                                
Redemption of common units (in units)                       (44)                                        
Redemption of common units $ (1)               (1) (1)   $ (1)                                        
Redemption of vested equity awards $ (103)       (103)         (103)   $ (103)                                        
Share-based compensation issuance, net of redemptions (in units) 10,097                     16,961                                        
Share-based compensation issuance, net of redemptions $ 1,833       1,487       346 1,833   $ 1,833                                        
Adjustments to noncontrolling interests resulting from changes in ownership of COPLP 0       488       (488)                                              
Comprehensive income 94,592           106,791 (13,927) 1,728 94,592   108,130   (14,102) 399   165                              
Dividends/Distributions (30,755)           (30,755)     (31,308)   (31,143)         $ (165)                              
Distributions to owners of common and preferred units in COPLP (553)               (553)                                              
Distributions to noncontrolling interests in other consolidated entities/subsidiaries (4)               (4) (4)         (4)                                  
Adjustment to arrive at fair value of redeemable noncontrolling interests $ (2,076)       (2,076)         (2,076)   $ (2,076)                                        
Balance, preferred units (in shares/units) at Jun. 30, 2019                                 352,000                              
Balance (in units/ shares) at Jun. 30, 2019 111,949,887                     113,532,731                                        
Balance at Jun. 30, 2019 $ 1,719,111   1,119   2,475,293   (780,667) (23,465) 46,831 1,719,111   $ 1,716,912   (23,638) 17,037   $ 8,800                              
Balance, preferred units (in share/units) at Dec. 31, 2019                               352,000 352,000                             352,000
Balance at Dec. 31, 2019 $ 1,719,245   1,121   2,481,558   (778,275) (25,444) 40,285 1,719,245   $ 1,724,159   (25,648) 11,934   $ 8,800 $ (5,541) $ (5,541) $ (5,541) $ (5,541) $ 1,713,704 $ 1,121 $ 2,481,558 $ (783,816) $ (25,444) $ 40,285 $ 1,713,704 $ 1,718,618 $ (25,648) $ 11,934 $ 8,800
Balance (in units/ shares) at Dec. 31, 2019 112,068,705                     113,551,130       1,482,425                         113,551,130      
Increase (Decrease) in Shareholders' Equity                                                                
Conversion of common units to common shares $ 0       182       (182)                                              
Redemption of vested equity awards $ (1,572)       (1,572)         (1,572)   $ (1,572)                                        
Share-based compensation issuance, net of redemptions (in units) 102,478                     260,483                                        
Share-based compensation issuance, net of redemptions $ 2,946   1   2,171       774 2,946   $ 2,946                                        
Adjustments to noncontrolling interests resulting from changes in ownership of COPLP 0       (25)       25                                              
Comprehensive income 8,642           47,551 (39,069) 160 8,642   48,122   (39,535) (99)   154                              
Dividends/Distributions (61,694)           (61,694)     (62,556)   (62,402)         $ (154)                              
Distributions to owners of common and preferred units in COPLP (862)               (862)                                              
Contributions from noncontrolling interests in other consolidated entities 112               112 112         112                                  
Distributions to noncontrolling interests in other consolidated entities/subsidiaries (15)               (15) (15)         (15)                                  
Adjustment to arrive at fair value of redeemable noncontrolling interests $ (4,337)       (4,337)         (4,337)   $ (4,337)                                        
Balance, preferred units (in shares/units) at Jun. 30, 2020                               352,000 352,000                              
Balance (in units/ shares) at Jun. 30, 2020 112,183,192                     113,811,613       1,628,421                                
Balance at Jun. 30, 2020 $ 1,656,924   1,122   2,477,977   (797,959) (64,513) 40,297 1,656,924   $ 1,701,375   (65,183) 11,932   $ 8,800                              
Balance, preferred units (in share/units) at Mar. 31, 2020                                 352,000                              
Balance at Mar. 31, 2020 $ 1,665,186   1,122   2,476,677   (790,600) (62,201) 40,188 1,665,186   $ 1,707,395   (62,843) 11,834   $ 8,800                              
Balance (in units/ shares) at Mar. 31, 2020 112,169,463                     113,789,912                                        
Increase (Decrease) in Shareholders' Equity                                                                
Redemption of vested equity awards $ (80)       (80)         (80)   $ (80)                                        
Share-based compensation issuance, net of redemptions (in units) 13,729                     21,701                                        
Share-based compensation issuance, net of redemptions $ 1,736       1,188       548 1,736   $ 1,736                                        
Adjustments to noncontrolling interests resulting from changes in ownership of COPLP 0       428       (428)                                              
Comprehensive income 21,624           23,497 (2,312) 439 21,624   23,781   (2,340) 106   77                              
Dividends/Distributions (30,856)           (30,856)     (31,298)   (31,221)         $ (77)                              
Distributions to owners of common and preferred units in COPLP (442)               (442)                                              
Distributions to noncontrolling interests in other consolidated entities/subsidiaries (8)               (8) (8)         (8)                                  
Adjustment to arrive at fair value of redeemable noncontrolling interests $ (236)       (236)         (236)   $ (236)                                        
Balance, preferred units (in shares/units) at Jun. 30, 2020                               352,000 352,000                              
Balance (in units/ shares) at Jun. 30, 2020 112,183,192                     113,811,613       1,628,421                                
Balance at Jun. 30, 2020 $ 1,656,924   $ 1,122   $ 2,477,977   $ (797,959) $ (64,513) $ 40,297 $ 1,656,924   $ 1,701,375   $ (65,183) $ 11,932   $ 8,800