Annual report pursuant to Section 13 and 15(d)

Information by Business Segment (NOI Reconciliation) (Details)

v3.20.4
Information by Business Segment (NOI Reconciliation) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Segment financial information for real estate operations      
Interest and other income $ 8,574 $ 7,894 $ 4,358
Credit loss recoveries 933 0 0
Gain on sales of real estate 30,209 105,230 2,340
Gain on sale of investment in unconsolidated real estate joint venture 29,416 0 0
Equity in income of unconsolidated entities 1,825 1,633 2,697
Income tax (expense) benefit (353) 217 363
Depreciation and other amortization associated with real estate operations (138,193) (137,069) (137,116)
Impairment losses (1,530) (329) (2,367)
General, administrative and leasing expenses (33,001) (35,402) (28,900)
Business development expenses and land carry costs (4,473) (4,239) (5,840)
Interest expense (67,937) (71,052) (75,385)
UJV NOI allocable to COPT included in equity in income of unconsolidated entities (6,951) (5,705) (4,818)
Loss on early extinguishment of debt (7,306) 0 (258)
Loss on interest rate derivatives (53,196) 0 0
Net income 102,878 200,004 78,643
Real estate operations      
Segment financial information for real estate operations      
NOI from real estate operations 341,836 335,025 321,036
UJV NOI allocable to COPT included in equity in income of unconsolidated entities $ (6,951) $ (5,705) $ (4,818)