Quarterly report pursuant to Section 13 or 15(d)

Information by Business Segment (Details 3)

v3.20.2
Information by Business Segment (Details 3) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Segment financial information for real estate operations        
Interest and other income $ 2,282 $ 1,849 $ 3,487 $ 4,135
Credit loss expense (615) 0 (1,304) 0
Gain on sales of real estate 0 84,469 5 84,469
Equity in income of unconsolidated entities 454 420 895 811
Income tax (expense) benefit (30) 176 (79) (18)
Depreciation and other amortization associated with real estate operations (33,612) (34,802) (66,208) (69,598)
General, administrative and leasing expenses (8,158) (9,386) (15,644) (18,137)
Business development expenses and land carry costs (1,262) (870) (2,380) (1,983)
Interest expense (16,797) (18,475) (33,637) (37,149)
Less: UJV NOI allocable to COPT included in equity in income of unconsolidated entities (1,725) (1,251) (3,438) (2,470)
Net income 25,121 109,563 50,671 131,881
Real estate operations        
Segment financial information for real estate operations        
NOI from real estate operations 84,059 86,136 167,889 169,900
Less: UJV NOI allocable to COPT included in equity in income of unconsolidated entities (1,725) (1,251) (3,438) (2,470)
Service operations        
Segment financial information for real estate operations        
NOI from service operations $ 525 $ 1,297 $ 1,085 $ 1,921