Quarterly report [Sections 13 or 15(d)]

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

v3.25.2
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, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment financial information for real estate operations        
Depreciation and other amortization associated with real estate operations $ (39,573) $ (38,161) $ (78,932) $ (76,512)
General, administrative, leasing and other expenses (11,911) (12,032) (24,067) (23,779)
Interest expense (20,938) (20,617) (41,442) (41,384)
Interest and other income, net 1,223 2,884 2,791 7,006
Gain on sales of real estate 0 0 300 0
Equity in income of unconsolidated entities 355 26 726 95
UJV NOI allocable to COPT Defense included in equity in income of unconsolidated entities (1,870) (1,735) (3,759) (3,475)
Income tax expense (117) (14) (220) (182)
Net income 40,166 36,407 76,394 70,078
Reportable segments        
Segment financial information for real estate operations        
NOI 112,412 105,410 219,858 207,067
UJV NOI allocable to COPT Defense included in equity in income of unconsolidated entities (1,870) (1,735) (3,759) (3,475)
Service operations        
Segment financial information for real estate operations        
NOI $ 585 $ 646 $ 1,139 $ 1,242