Quarterly report pursuant to Section 13 or 15(d)

Information by Business Segment - Reconciliation of NOI from Real Estate Operations and NOI from Service Operations (Details)

v3.22.2
Information by Business Segment - Reconciliation of NOI from Real Estate Operations and NOI from Service Operations (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Segment financial information for real estate operations        
Interest and other income $ 1,818 $ 2,228 $ 3,711 $ 4,093
Credit loss (expense) recoveries (225) (193) 91 714
Gain on sales of real estate (19) 40,233 (4) 39,743
Equity in income of unconsolidated entities 318 260 1,206 482
Income tax expense (4) (24) (157) (56)
Depreciation and other amortization associated with real estate operations (34,812) (34,732) (69,076) (69,232)
General, administrative and leasing expenses (8,355) (9,222) (16,899) (17,628)
Business development expenses and land carry costs (701) (1,372) (1,484) (2,466)
Interest expense (14,808) (15,942) (29,232) (33,461)
UJV NOI allocable to COPT included in equity in income of unconsolidated entities (1,080) (973) (2,160) (1,890)
Revenues from real estate operations from discontinued operations (Note 4) 0 (7,204) (1,980) (14,538)
Property operating expenses from discontinued operations (Note 4) 0 3,702 971 7,400
Loss on early extinguishment of debt 0 (25,228) (342) (58,394)
Income from continuing operations 33,595 43,219 64,846 36,325
Real estate operations        
Segment financial information for real estate operations        
NOI from real estate operations 90,210 90,780 177,398 179,887
UJV NOI allocable to COPT included in equity in income of unconsolidated entities (1,080) (973) (2,160) (1,890)
Property operating expenses from discontinued operations (Note 4) 0 3,702 971 7,400
Service operations        
Segment financial information for real estate operations        
NOI from service operations $ 1,253 $ 906 $ 2,803 $ 1,671