COPT Defense Properties Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details
Uncategorized
- Uncategorized Items - ofc-20210630.htm

Debt, Net (Narrative) (Details)

v3.21.2

Debt, Net (Narrative) (Details) - USD ($)		3 Months Ended		6 Months Ended
Debt, Net (Narrative) (Details) - USD ($)	Mar. 11, 2021	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Apr. 12, 2021	Dec. 31, 2020
Debt
Loss on early extinguishment of debt		$ (25,228,000)	$ 0	$ (58,394,000)	$ 0
Interest costs capitalized		1,700,000	$ 3,200,000	3,500,000	$ 6,500,000
2.75% Notes \| Unsecured senior notes
Debt
Debt instrument, face amount	$ 600,000,000.0	600,000,000		$ 600,000,000
Initial offering price	98.95%
Proceeds from issuance of debt	$ 589,800,000
Redemption period before maturity date for 100% redemption price				3 months
Redemption price on or after three months prior to maturity date	100.00%
Unamortized discount included in carrying value		$ 9,900,000		$ 9,900,000
Effective interest rate on debt		2.94%		2.94%
2.75% Notes \| Unsecured senior notes \| Adjusted Treasury
Debt
Basis point used in determining redemption price prior to maturity	0.25%
3.60% Senior Notes and 5.25% Senior Notes \| Unsecured senior notes
Debt
Loss on early extinguishment of debt		$ 25,200,000		$ 58,400,000
3.60% Senior Notes \| Unsecured senior notes
Debt
Debt instrument, face amount		350,000,000		350,000,000
Unamortized discount included in carrying value							$ 781,000
Effective interest rate on debt							3.70%
Repurchased face amount	$ 184,400,000					$ 165,600,000
Repurchase face amount including accrued interest	196,700,000					176,300,000
5.250% Senior Notes \| Unsecured senior notes
Debt
Debt instrument, face amount		$ 250,000,000		$ 250,000,000
Unamortized discount included in carrying value							$ 1,600,000
Effective interest rate on debt							5.49%
Repurchased face amount	145,600,000					104,400,000
Repurchase face amount including accrued interest	$ 164,700,000					$ 117,700,000

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