Annual report pursuant to Section 13 and 15(d)

Information by Business Segment - Segment Financial Information for Our Reportable Segments (Details)

v3.25.0.1
Information by Business Segment - Segment Financial Information for Our Reportable Segments (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Segment financial information for real estate operations      
Revenues from real estate operations $ 753,267 $ 684,982 $ 739,030
Other segment items:      
Property operating expenses (266,001) (247,385) (227,430)
UJV NOI allocable to COPT Defense 7,217 6,659 4,327
Assets 4,254,191 4,246,966  
Reportable segments      
Segment financial information for real estate operations      
Revenues from real estate operations 677,717 624,803 586,378
Other segment items:      
Property operating expenses (266,001) (247,385) (228,401)
UJV NOI allocable to COPT Defense 7,217 6,659 4,327
Total other segment items (258,784) (240,726) (224,074)
NOI 418,933 384,077 362,304
Additions to long-lived assets 145,785 117,628 104,526
Transfers from non-operating properties 136,930 275,808 418,420
Assets 3,710,647 3,586,539 3,707,811
Reportable segments | Defense/IT Portfolio      
Segment financial information for real estate operations      
Revenues from real estate operations 607,417 552,941 517,755
Other segment items:      
Property operating expenses (225,811) (204,462) (190,636)
UJV NOI allocable to COPT Defense 7,217 6,659 4,327
Total other segment items (218,594) (197,803) (186,309)
NOI 388,823 355,138 331,446
Additions to long-lived assets 125,707 100,401 66,751
Transfers from non-operating properties 131,474 273,137 417,716
Assets 3,391,997 3,273,811 3,153,948
Reportable segments | Defense/IT Portfolio | Fort Meade/BW Corridor      
Segment financial information for real estate operations      
Revenues from real estate operations 314,411 290,061 273,790
Other segment items:      
Property operating expenses (107,128) (99,788) (97,727)
UJV NOI allocable to COPT Defense 0 0 0
Total other segment items (107,128) (99,788) (97,727)
NOI 207,283 190,273 176,063
Additions to long-lived assets 64,023 54,564 48,443
Transfers from non-operating properties 3,910 64,264 69,771
Assets 1,445,236 1,446,164 1,387,517
Reportable segments | Defense/IT Portfolio | NoVA Defense/IT      
Segment financial information for real estate operations      
Revenues from real estate operations 86,034 80,413 73,985
Other segment items:      
Property operating expenses (36,059) (31,593) (26,635)
UJV NOI allocable to COPT Defense 0 0 0
Total other segment items (36,059) (31,593) (26,635)
NOI 49,975 48,820 47,350
Additions to long-lived assets 27,205 19,041 11,102
Transfers from non-operating properties 1,016 4,136 1,882
Assets 494,881 490,104 488,277
Reportable segments | Defense/IT Portfolio | Lackland Air Force Base      
Segment financial information for real estate operations      
Revenues from real estate operations 67,837 67,254 62,911
Other segment items:      
Property operating expenses (37,169) (36,616) (32,301)
UJV NOI allocable to COPT Defense 0 0 0
Total other segment items (37,169) (36,616) (32,301)
NOI 30,668 30,638 30,610
Additions to long-lived assets 17,098 62 0
Transfers from non-operating properties 10 166 1,290
Assets 199,166 188,847 194,481
Reportable segments | Defense/IT Portfolio | Navy Support      
Segment financial information for real estate operations      
Revenues from real estate operations 32,628 32,638 32,754
Other segment items:      
Property operating expenses (15,146) (14,614) (14,001)
UJV NOI allocable to COPT Defense 0 0 0
Total other segment items (15,146) (14,614) (14,001)
NOI 17,482 18,024 18,753
Additions to long-lived assets 10,128 5,785 3,801
Transfers from non-operating properties 352 2,651 6,420
Assets 162,855 163,818 169,119
Reportable segments | Defense/IT Portfolio | Redstone Arsenal      
Segment financial information for real estate operations      
Revenues from real estate operations 69,317 55,131 38,593
Other segment items:      
Property operating expenses (24,185) (19,148) (15,600)
UJV NOI allocable to COPT Defense 0 0 0
Total other segment items (24,185) (19,148) (15,600)
NOI 45,132 35,983 22,993
Additions to long-lived assets 7,253 20,949 3,405
Transfers from non-operating properties 60,872 86,868 158,831
Assets 601,430 554,803 453,543
Reportable segments | Defense/IT Portfolio | Data Center Shells      
Segment financial information for real estate operations      
Revenues from real estate operations 37,190 27,444 35,722
Other segment items:      
Property operating expenses (6,124) (2,703) (4,372)
UJV NOI allocable to COPT Defense 7,217 6,659 4,327
Total other segment items 1,093 3,956 (45)
NOI 38,283 31,400 35,677
Additions to long-lived assets 0 0 0
Transfers from non-operating properties 65,314 115,052 179,522
Assets 488,429 430,075 461,011
Reportable segments | Other      
Segment financial information for real estate operations      
Revenues from real estate operations 70,300 71,862 68,623
Other segment items:      
Property operating expenses (40,190) (42,923) (37,765)
UJV NOI allocable to COPT Defense 0 0 0
Total other segment items (40,190) (42,923) (37,765)
NOI 30,110 28,939 30,858
Additions to long-lived assets 20,078 17,227 37,775
Transfers from non-operating properties 5,456 2,671 704
Assets $ 318,650 $ 312,728 $ 553,863