Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (EPS) (Details)

 v2.3.0.11
Earnings Per Share (EPS) (Details) (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Numerator:        
(Loss) income from continuing operations $ (20,556) $ 7,611 $ (40,992) $ 16,960
Gain on sales of real estate, net 16 335 2,717 352
Preferred share dividends (4,026) (4,026) (8,051) (8,051)
Loss (income) from continuing operations attributable to noncontrolling interests 1,438 (595) 2,161 (1,225)
Income from continuing operations attributable to restricted shares (237) (250) (519) (540)
Numerator for basic EPS from continuing operations attributable to COPT common shareholders (23,365) 3,075 (44,684) 7,496
Dilutive effect of common units in the Operating Partnership on diluted EPS from continuing operations (1,542)   (2,968)  
Numerator for diluted EPS from continuing operations attributable to COPT common shareholders (24,907) 3,075 (47,652) 7,496
Discontinued operations (5,467) 1,205 (6,298) 2,514
Discontinued operations attributable to noncontrolling interests 345 (90) 398 (197)
Numerator for basic EPS on net (loss) income attributable to COPT common shareholders (28,487) 4,190 (50,584) 9,813
Dilutive effect of common units in the Operating Partnership (1,887)   (3,366)  
Numerator for diluted EPS on net (loss) income attributable to COPT common shareholders $ (30,374) $ 4,190 $ (53,950) $ 9,813
Denominator (all weighted averages):        
Denominator for basic EPS (common shares) (in shares) 68,446 58,489 67,399 58,169
Dilutive effect of share-based compensation awards (in shares)   421   405
Dilutive effect of common units (in shares) 4,382   4,389  
Denominator for diluted EPS (in shares) 72,828 58,910 71,788 58,574
Basic EPS:        
(Loss) income from continuing operations attributable to COPT common shareholders (in dollars per share) $ (0.34) [1] $ 0.05 [1] $ (0.66) [1] $ 0.13 [1]
Discontinued operations attributable to COPT common shareholders (in dollars per share) $ (0.08) [1] $ 0.02 [1] $ (0.09) [1] $ 0.04 [1]
Net (loss) income attributable to COPT common shareholders (in dollars per share) $ (0.42) [1] $ 0.07 [1] $ (0.75) [1] $ 0.17 [1]
Diluted EPS:        
(Loss) income from continuing operations attributable to COPT common shareholders (in dollars per share) $ (0.34) [1] $ 0.05 [1] $ (0.66) [1] $ 0.13 [1]
Discontinued operations attributable to COPT common shareholders (in dollars per share) $ (0.08) [1] $ 0.02 [1] $ (0.09) [1] $ 0.04 [1]
Net (loss) income attributable to COPT common shareholders (in dollars per share) $ (0.42) [1] $ 0.07 [1] $ (0.75) [1] $ 0.17 [1]
[1] Basic and diluted earnings per common share are calculated based on amounts attributable to common shareholders of Corporate Office Properties Trust.