Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Equity

v2.4.0.6
Consolidated Statements of Equity (USD $)
In Thousands, unless otherwise specified
Total
Preferred Shares
Common Shares
Additional Paid-in Capital
Cumulative Distributions in Excess of Net Income
Accumulated Other Comprehensive Loss
Noncontrolling Interests
Balance at Dec. 31, 2008 $ 1,082,423 $ 81 $ 518 $ 1,112,734 $ (162,572) $ (4,749) $ 136,411
Increase (Decrease) in Shareholders' Equity              
Conversion of common units to common shares (100,939, 663,498 and 2,841,394 shares in 2011, 2010 and 2009, respectively)     28 61,627     (61,655)
Common shares issued to the public (4,600,000, 7,475,000 and 2,990,000 shares in 2011, 2010 and 2009, respectively) 71,825   30 71,795      
Exercise of share options (191,264, 278,656 and 464,601 shares in 2011, 2010 and 2009, respectively) 5,226   4 5,222      
Share-based compensation 10,602   3 10,599      
Restricted common share redemptions (114,687, 105,215 and 79,343 shares in 2011, 2010 and 2009, respectively) (2,049)     (2,049)      
Adjustments to noncontrolling interests resulting from changes in ownership of Operating Partnership by COPT       (21,072)     21,072
Adjustments related to derivatives designated as cash flow hedges 3,427         2,842 585
Increase (Decrease) in tax benefit from share-based compensation (152)     (152)      
Net (loss) income 61,299       56,329   4,970
Dividends (103,698)       (103,698)    
Distributions to owners of common and preferred units in the Operating Partnership (8,622)           (8,622)
Contributions from noncontrolling interests in other consolidated entities 786           786
Distributions to noncontrolling interests in other consolidated entities (435)           (435)
Balance at Dec. 31, 2009 1,120,632 81 583 1,238,704 (209,941) (1,907) 93,112
Increase (Decrease) in Shareholders' Equity              
Issuance of 4.25% Exchangeable Senior Notes 18,149     18,149      
Conversion of common units to common shares (100,939, 663,498 and 2,841,394 shares in 2011, 2010 and 2009, respectively)     6 9,561     (9,567)
Common shares issued to the public (4,600,000, 7,475,000 and 2,990,000 shares in 2011, 2010 and 2009, respectively) 245,621   75 245,546      
Exercise of share options (191,264, 278,656 and 464,601 shares in 2011, 2010 and 2009, respectively) 4,575   3 4,572      
Share-based compensation 11,845   2 11,843      
Restricted common share redemptions (114,687, 105,215 and 79,343 shares in 2011, 2010 and 2009, respectively) (3,913)     (3,913)      
Adjustments to noncontrolling interests resulting from changes in ownership of Operating Partnership by COPT       (10,274)     10,274
Adjustments related to derivatives designated as cash flow hedges (1,784)         (2,256) 472
Net (loss) income 45,504       42,760   2,744
Dividends (114,613)       (114,613)    
Distributions to owners of common and preferred units in the Operating Partnership (7,926)           (7,926)
Contributions from noncontrolling interests in other consolidated entities 9,510           9,510
Acquisition of noncontrolling interests in other consolidated entities (4,462)     (2,344)     (2,118)
Balance at Dec. 31, 2010 1,323,138 81 669 1,511,844 (281,794) (4,163) 96,501
Increase (Decrease) in Shareholders' Equity              
Conversion of common units to common shares (100,939, 663,498 and 2,841,394 shares in 2011, 2010 and 2009, respectively)     1 1,520     (1,521)
Common shares issued to the public (4,600,000, 7,475,000 and 2,990,000 shares in 2011, 2010 and 2009, respectively) 145,367   46 145,321      
Exercise of share options (191,264, 278,656 and 464,601 shares in 2011, 2010 and 2009, respectively) 2,461   2 2,459      
Share-based compensation 14,267   2 14,265      
Restricted common share redemptions (114,687, 105,215 and 79,343 shares in 2011, 2010 and 2009, respectively) (3,990)     (3,990)      
Adjustments to noncontrolling interests resulting from changes in ownership of Operating Partnership by COPT       (2,798)     2,798
Adjustments related to derivatives designated as cash flow hedges 1,500         2,430 (930)
Increase (Decrease) in tax benefit from share-based compensation 47     47      
Net (loss) income (124,318)       (117,675)   (6,643)
Dividends (132,819)       (132,819)    
Distributions to owners of common and preferred units in the Operating Partnership (7,833)           (7,833)
Contributions from noncontrolling interests in other consolidated entities 261     (23)     284
Distributions to noncontrolling interests in other consolidated entities (16)           (16)
Balance at Dec. 31, 2011 $ 1,218,065 $ 81 $ 720 $ 1,668,645 $ (532,288) $ (1,733) $ 82,640