Information by Business Segment - Segment Financial Information for Our Reportable Segments (Details) - USD ($)
$ in Thousands |
3 Months Ended |
9 Months Ended |
|
Sep. 30, 2024 |
Sep. 30, 2023 |
Sep. 30, 2024 |
Sep. 30, 2023 |
Dec. 31, 2023 |
| Segment financial information for real estate operations |
|
|
|
|
|
| Revenues from real estate operations |
$ 189,225
|
$ 168,556
|
$ 569,834
|
$ 505,253
|
|
| UJV NOI allocable to COPT Defense |
1,844
|
1,675
|
5,319
|
4,988
|
|
| Segment assets |
4,234,302
|
4,239,257
|
4,234,302
|
4,239,257
|
$ 4,246,966
|
| Operating segments |
|
|
|
|
|
| Segment financial information for real estate operations |
|
|
|
|
|
| Segment assets |
3,647,455
|
3,477,037
|
3,647,455
|
3,477,037
|
|
| Real Estate Operations |
|
|
|
|
|
| Segment financial information for real estate operations |
|
|
|
|
|
| Revenues from real estate operations |
172,563
|
156,607
|
506,311
|
463,241
|
|
| Property operating expenses |
(68,881)
|
(61,788)
|
(199,037)
|
(182,808)
|
|
| UJV NOI allocable to COPT Defense |
1,844
|
1,675
|
5,319
|
4,988
|
|
| NOI from real estate operations |
105,526
|
96,494
|
312,593
|
285,421
|
|
| Additions to long-lived assets |
45,573
|
26,030
|
108,047
|
90,074
|
|
| Transfers from non-operating properties |
26,893
|
122,662
|
69,678
|
159,855
|
|
| Real Estate Operations | Defense/IT Portfolio |
|
|
|
|
|
| Segment financial information for real estate operations |
|
|
|
|
|
| Revenues from real estate operations |
154,447
|
138,645
|
453,463
|
408,882
|
|
| Property operating expenses |
(58,442)
|
(51,242)
|
(168,452)
|
(150,883)
|
|
| UJV NOI allocable to COPT Defense |
1,844
|
1,675
|
5,319
|
4,988
|
|
| NOI from real estate operations |
97,849
|
89,078
|
290,330
|
262,987
|
|
| Additions to long-lived assets |
41,533
|
21,463
|
93,551
|
77,502
|
|
| Transfers from non-operating properties |
26,752
|
122,560
|
67,794
|
159,726
|
|
| Real Estate Operations | Defense/IT Portfolio | Fort Meade/BW Corridor |
|
|
|
|
|
| Segment financial information for real estate operations |
|
|
|
|
|
| Revenues from real estate operations |
80,056
|
73,350
|
235,839
|
215,303
|
|
| Property operating expenses |
(27,929)
|
(25,216)
|
(80,456)
|
(73,924)
|
|
| UJV NOI allocable to COPT Defense |
0
|
0
|
0
|
0
|
|
| NOI from real estate operations |
52,127
|
48,134
|
155,383
|
141,379
|
|
| Additions to long-lived assets |
14,101
|
7,057
|
48,161
|
42,838
|
|
| Transfers from non-operating properties |
418
|
983
|
2,658
|
11,392
|
|
| Real Estate Operations | Defense/IT Portfolio | NoVA Defense/IT |
|
|
|
|
|
| Segment financial information for real estate operations |
|
|
|
|
|
| Revenues from real estate operations |
22,083
|
20,333
|
64,110
|
60,003
|
|
| Property operating expenses |
(9,252)
|
(7,900)
|
(27,444)
|
(23,155)
|
|
| UJV NOI allocable to COPT Defense |
0
|
0
|
0
|
0
|
|
| NOI from real estate operations |
12,831
|
12,433
|
36,666
|
36,848
|
|
| Additions to long-lived assets |
5,357
|
4,639
|
19,762
|
14,994
|
|
| Transfers from non-operating properties |
16
|
95
|
1,011
|
582
|
|
| Real Estate Operations | Defense/IT Portfolio | Lackland Air Force Base |
|
|
|
|
|
| Segment financial information for real estate operations |
|
|
|
|
|
| Revenues from real estate operations |
16,879
|
16,193
|
49,737
|
49,393
|
|
| Property operating expenses |
(9,160)
|
(8,567)
|
(26,645)
|
(26,463)
|
|
| UJV NOI allocable to COPT Defense |
0
|
0
|
0
|
0
|
|
| NOI from real estate operations |
7,719
|
7,626
|
23,092
|
22,930
|
|
| Additions to long-lived assets |
17,034
|
0
|
17,034
|
62
|
|
| Transfers from non-operating properties |
0
|
51
|
9
|
96
|
|
| Real Estate Operations | Defense/IT Portfolio | Navy Support |
|
|
|
|
|
| Segment financial information for real estate operations |
|
|
|
|
|
| Revenues from real estate operations |
8,068
|
8,190
|
24,534
|
24,233
|
|
| Property operating expenses |
(4,084)
|
(3,933)
|
(11,343)
|
(10,992)
|
|
| UJV NOI allocable to COPT Defense |
0
|
0
|
0
|
0
|
|
| NOI from real estate operations |
3,984
|
4,257
|
13,191
|
13,241
|
|
| Additions to long-lived assets |
3,520
|
1,201
|
6,049
|
2,269
|
|
| Transfers from non-operating properties |
66
|
1
|
106
|
2,651
|
|
| Real Estate Operations | Defense/IT Portfolio | Redstone Arsenal |
|
|
|
|
|
| Segment financial information for real estate operations |
|
|
|
|
|
| Revenues from real estate operations |
18,332
|
13,768
|
52,157
|
40,160
|
|
| Property operating expenses |
(6,463)
|
(4,948)
|
(17,976)
|
(14,334)
|
|
| UJV NOI allocable to COPT Defense |
0
|
0
|
0
|
0
|
|
| NOI from real estate operations |
11,869
|
8,820
|
34,181
|
25,826
|
|
| Additions to long-lived assets |
1,521
|
8,566
|
2,545
|
17,339
|
|
| Transfers from non-operating properties |
25,846
|
63,025
|
60,119
|
81,352
|
|
| Real Estate Operations | Defense/IT Portfolio | Data Center Shells |
|
|
|
|
|
| Segment financial information for real estate operations |
|
|
|
|
|
| Revenues from real estate operations |
9,029
|
6,811
|
27,086
|
19,790
|
|
| Property operating expenses |
(1,554)
|
(678)
|
(4,588)
|
(2,015)
|
|
| UJV NOI allocable to COPT Defense |
1,844
|
1,675
|
5,319
|
4,988
|
|
| NOI from real estate operations |
9,319
|
7,808
|
27,817
|
22,763
|
|
| Additions to long-lived assets |
0
|
0
|
0
|
0
|
|
| Transfers from non-operating properties |
406
|
58,405
|
3,891
|
63,653
|
|
| Real Estate Operations | Other |
|
|
|
|
|
| Segment financial information for real estate operations |
|
|
|
|
|
| Revenues from real estate operations |
18,116
|
17,962
|
52,848
|
54,359
|
|
| Property operating expenses |
(10,439)
|
(10,546)
|
(30,585)
|
(31,925)
|
|
| UJV NOI allocable to COPT Defense |
0
|
0
|
0
|
0
|
|
| NOI from real estate operations |
7,677
|
7,416
|
22,263
|
22,434
|
|
| Additions to long-lived assets |
4,040
|
4,567
|
14,496
|
12,572
|
|
| Transfers from non-operating properties |
141
|
102
|
1,884
|
129
|
|
| Real Estate Operations | Operating segments |
|
|
|
|
|
| Segment financial information for real estate operations |
|
|
|
|
|
| Segment assets |
3,647,455
|
3,477,037
|
3,647,455
|
3,477,037
|
|
| Real Estate Operations | Operating segments | Defense/IT Portfolio |
|
|
|
|
|
| Segment financial information for real estate operations |
|
|
|
|
|
| Segment assets |
3,332,649
|
3,166,209
|
3,332,649
|
3,166,209
|
|
| Real Estate Operations | Operating segments | Defense/IT Portfolio | Fort Meade/BW Corridor |
|
|
|
|
|
| Segment financial information for real estate operations |
|
|
|
|
|
| Segment assets |
1,447,217
|
1,397,107
|
1,447,217
|
1,397,107
|
|
| Real Estate Operations | Operating segments | Defense/IT Portfolio | NoVA Defense/IT |
|
|
|
|
|
| Segment financial information for real estate operations |
|
|
|
|
|
| Segment assets |
492,912
|
486,561
|
492,912
|
486,561
|
|
| Real Estate Operations | Operating segments | Defense/IT Portfolio | Lackland Air Force Base |
|
|
|
|
|
| Segment financial information for real estate operations |
|
|
|
|
|
| Segment assets |
200,968
|
190,344
|
200,968
|
190,344
|
|
| Real Estate Operations | Operating segments | Defense/IT Portfolio | Navy Support |
|
|
|
|
|
| Segment financial information for real estate operations |
|
|
|
|
|
| Segment assets |
161,007
|
163,630
|
161,007
|
163,630
|
|
| Real Estate Operations | Operating segments | Defense/IT Portfolio | Redstone Arsenal |
|
|
|
|
|
| Segment financial information for real estate operations |
|
|
|
|
|
| Segment assets |
602,573
|
548,201
|
602,573
|
548,201
|
|
| Real Estate Operations | Operating segments | Defense/IT Portfolio | Data Center Shells |
|
|
|
|
|
| Segment financial information for real estate operations |
|
|
|
|
|
| Segment assets |
427,972
|
380,366
|
427,972
|
380,366
|
|
| Real Estate Operations | Operating segments | Other |
|
|
|
|
|
| Segment financial information for real estate operations |
|
|
|
|
|
| Segment assets |
$ 314,806
|
$ 310,828
|
$ 314,806
|
$ 310,828
|
|