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)

v3.24.3
Information by Business Segment - Reconciliation of NOI from Real Estate Operations and NOI from Service Operations (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Segment financial information for real estate operations        
Depreciation and other amortization associated with real estate operations $ (38,307) $ (37,620) $ (114,819) $ (112,215)
Impairment losses 0 (252,797) 0 (252,797)
General, administrative, leasing and other expenses (11,416) (10,576) (35,195) (31,424)
Interest expense (20,376) (17,798) (61,760) (50,759)
Interest and other income, net 3,324 2,529 10,330 6,928
Gain on sales of real estate 0 0 0 49,392
Equity in income (loss) of unconsolidated entities 85 (68) 180 (21)
UJV NOI allocable to COPT Defense included in equity in income (loss) of unconsolidated entities (1,844) (1,675) (5,319) (4,988)
Income tax expense (130) (152) (312) (467)
Net income (loss) 37,397 (221,207) 107,475 (109,167)
Real Estate Operations        
Segment financial information for real estate operations        
NOI from real estate operations 105,526 96,494 312,593 285,421
UJV NOI allocable to COPT Defense included in equity in income (loss) of unconsolidated entities (1,844) (1,675) (5,319) (4,988)
Service Operations        
Segment financial information for real estate operations        
NOI from service operations $ 535 $ 456 $ 1,777 $ 1,763