Annual report pursuant to Section 13 and 15(d)

Information by Business Segment (NOI Reconciliation) (Details)

v3.22.0.1
Information by Business Segment (NOI Reconciliation) (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Segment financial information for real estate operations                      
Interest and other income                 $ 7,879 $ 8,574 $ 7,894
Credit loss recoveries                 1,128 933 0
Gain on sales of real estate                 65,590 30,209 105,230
Gain on sale of investment in unconsolidated real estate joint venture                 0 29,416 0
Equity in income of unconsolidated entities                 1,093 1,825 1,633
Income tax (expense) benefit                 (145) (353) 217
Depreciation and other amortization associated with real estate operations                 (137,543) (126,503) (125,008)
Impairment losses                 0 (1,530) (329)
General, administrative and leasing expenses                 (36,127) (33,001) (35,402)
Business development expenses and land carry costs                 (4,647) (4,473) (4,239)
Interest expense                 (65,398) (67,937) (71,052)
UJV NOI allocable to COPT included in equity in income of unconsolidated entities                 (4,029) (6,951) (5,705)
Revenues from real estate operations from discontinued operations (Note 4)                 (30,490) (27,011) (29,405)
Property operating expenses from discontinued operations (Note 4)                 16,842 13,044 12,694
Loss on early extinguishment of debt                 (100,626) (7,306) 0
Loss on interest rate derivatives                 0 (53,196) 0
Income from continuing operations $ 13,552 $ 28,343 $ 43,219 $ (6,894) $ 82,182 $ (30,991) $ 24,984 $ 24,426 78,220 100,601 195,354
Real estate operations                      
Segment financial information for real estate operations                      
NOI from real estate operations                 360,870 341,836 335,025
UJV NOI allocable to COPT included in equity in income of unconsolidated entities                 (4,029) (6,951) (5,705)
Property operating expenses from discontinued operations (Note 4)                 16,842 13,044 12,694
Service operations                      
Segment financial information for real estate operations                      
NOI from service operations                 $ 3,823 $ 3,025 $ 3,801