Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share ("EPS") (Basic and Diluted Calculation) (Details)

v3.22.2
Earnings Per Share ("EPS") (Basic and Diluted Calculation) (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Numerator:        
Income from continuing operations $ 33,595 $ 43,219 $ 64,846 $ 36,325
Income from continuing operations attributable to noncontrolling interests (1,285) (1,488) (2,369) (2,068)
Income from continuing operations attributable to share-based compensation awards for basic EPS (92) (134) (204) (247)
Numerator for basic EPS from continuing operations attributable to COPT common shareholders 32,218 41,597 62,273 34,010
Redeemable noncontrolling interests (30) (20) (69) 7
Adjustment to income from continuing operations attributable to share-based compensation awards for diluted EPS 17 11 35 9
Numerator for diluted EPS from continuing operations attributable to COPT common shareholders 32,205 41,588 62,239 34,026
Discontinued operations 0 679 29,573 1,494
Discontinued operations attributable to noncontrolling interests 0 (9) (421) (19)
Income from discontinued operations attributable to share-based compensation awards for diluted EPS 0 (2) (90) 3
Numerator for diluted EPS on net income attributable to COPT common shareholders $ 32,205 $ 42,256 $ 91,301 $ 35,504
Denominator (all weighted averages):        
Denominator for basic EPS (common shares) 112,082 111,974 112,052 111,931
Dilutive effect of redeemable noncontrolling interests (in shares) 126 133 129 125
Dilutive effect of share-based compensation awards (in shares) 429 297 427 280
Denominator for diluted EPS (common shares) 112,637 112,404 112,608 112,336
Basic EPS:        
Income from continuing operations attributable to COPT common shareholders - basic (in dollars per share) [1] $ 0.29 $ 0.37 $ 0.55 $ 0.30
Discontinued operations attributable to COPT common shareholders - basic (in dollars per share) [1] 0 0.01 0.26 0.02
Net income attributable to COPT common shareholders - basic (in dollars per share) [1] 0.29 0.38 0.81 0.32
Diluted EPS:        
Income from continuing operations attributable to COPT common shareholders - diluted (in dollars per share) [1] 0.29 0.37 0.55 0.30
Discontinued operations attributable to COPT common shareholders - diluted (in dollars per share) 0 0.01 0.26 0.02
Net income attributable to COPT common shareholders - diluted (in dollars per share) [1] $ 0.29 $ 0.38 $ 0.81 $ 0.32
[1] Basic and diluted earnings per common share are calculated based on amounts attributable to common shareholders of Corporate Office Properties Trust.