Quarterly report [Sections 13 or 15(d)]

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

v3.26.1
Information by Business Segment - Segment Financial Information for Our Reportable Segments (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Segment financial information for real estate operations          
Revenues from real estate operations $ 197,392 $ 189,915 $ 398,029 $ 377,771  
Other segment items          
Property operating expenses (72,586) (66,915) (154,021) (138,955)  
UJV NOI allocable to COPT Defense 2,050 1,870 4,106 3,759  
Segment assets 4,515,281 4,286,950 4,515,281 4,286,950 $ 4,701,790
Reportable segments          
Segment financial information for real estate operations          
Revenues from real estate operations 190,626 177,457 385,222 355,054  
Other segment items          
Property operating expenses (72,586) (66,915) (154,021) (138,955)  
UJV NOI allocable to COPT Defense 2,050 1,870 4,106 3,759  
Total other segment items (70,536) (65,045) (149,915) (135,196)  
NOI 120,090 112,412 235,307 219,858  
Additions to long-lived assets 24,225 26,645 42,980 46,060  
Transfers from non-operating properties 50,818 35,802 69,792 48,138  
Segment assets 3,940,137 3,727,059 3,940,137 3,727,059  
Reportable segments | Defense/IT Portfolio          
Segment financial information for real estate operations          
Revenues from real estate operations 171,925 158,709 346,930 318,136  
Other segment items          
Property operating expenses (62,581) (56,795) (132,572) (120,126)  
UJV NOI allocable to COPT Defense 2,050 1,870 4,106 3,759  
Total other segment items (60,531) (54,925) (128,466) (116,367)  
NOI 111,394 103,784 218,464 201,769  
Additions to long-lived assets 18,969 23,016 31,123 40,698  
Transfers from non-operating properties 50,521 33,577 69,107 43,139  
Segment assets 3,610,933 3,410,577 3,610,933 3,410,577  
Reportable segments | Defense/IT Portfolio | Fort Meade/BW Corridor          
Segment financial information for real estate operations          
Revenues from real estate operations 81,932 81,337 169,465 165,945  
Other segment items          
Property operating expenses (28,538) (26,897) (65,018) (58,827)  
UJV NOI allocable to COPT Defense 0 0 0 0  
Total other segment items (28,538) (26,897) (65,018) (58,827)  
NOI 53,394 54,440 104,447 107,118  
Additions to long-lived assets 12,510 9,971 20,156 18,064  
Transfers from non-operating properties 41,020 13,896 41,136 15,233  
Segment assets 1,485,856 1,447,969 1,485,856 1,447,969  
Reportable segments | Defense/IT Portfolio | Redstone Arsenal          
Segment financial information for real estate operations          
Revenues from real estate operations 20,137 18,977 40,782 35,399  
Other segment items          
Property operating expenses (6,715) (6,160) (13,964) (12,454)  
UJV NOI allocable to COPT Defense 0 0 0 0  
Total other segment items (6,715) (6,160) (13,964) (12,454)  
NOI 13,422 12,817 26,818 22,945  
Additions to long-lived assets 2,624 6,938 3,506 10,186  
Transfers from non-operating properties 2,001 14,356 4,910 18,622  
Segment assets 611,419 617,563 611,419 617,563  
Reportable segments | Defense/IT Portfolio | NoVA Defense/IT          
Segment financial information for real estate operations          
Revenues from real estate operations 24,824 22,018 49,640 45,180  
Other segment items          
Property operating expenses (9,336) (8,858) (19,692) (18,947)  
UJV NOI allocable to COPT Defense 0 0 0 0  
Total other segment items (9,336) (8,858) (19,692) (18,947)  
NOI 15,488 13,160 29,948 26,233  
Additions to long-lived assets 1,575 3,263 3,578 5,819  
Transfers from non-operating properties 826 (2) 831 16  
Segment assets 555,611 490,419 555,611 490,419  
Reportable segments | Defense/IT Portfolio | Lackland Air Force Base          
Segment financial information for real estate operations          
Revenues from real estate operations 19,552 17,475 37,906 33,885  
Other segment items          
Property operating expenses (9,849) (9,241) (18,847) (18,240)  
UJV NOI allocable to COPT Defense 0 0 0 0  
Total other segment items (9,849) (9,241) (18,847) (18,240)  
NOI 9,703 8,234 19,059 15,645  
Additions to long-lived assets 391 98 335 217  
Transfers from non-operating properties 0 0 0 0  
Segment assets 192,906 195,567 192,906 195,567  
Reportable segments | Defense/IT Portfolio | Navy Support          
Segment financial information for real estate operations          
Revenues from real estate operations 9,523 8,258 18,515 16,218  
Other segment items          
Property operating expenses (4,104) (3,856) (8,463) (8,022)  
UJV NOI allocable to COPT Defense 0 0 0 0  
Total other segment items (4,104) (3,856) (8,463) (8,022)  
NOI 5,419 4,402 10,052 8,196  
Additions to long-lived assets 1,869 2,746 3,548 6,412  
Transfers from non-operating properties 0 2 0 2  
Segment assets 170,497 164,254 170,497 164,254  
Reportable segments | Defense/IT Portfolio | Data Center Shells          
Segment financial information for real estate operations          
Revenues from real estate operations 15,957 10,644 30,622 21,509  
Other segment items          
Property operating expenses (4,039) (1,783) (6,588) (3,636)  
UJV NOI allocable to COPT Defense 2,050 1,870 4,106 3,759  
Total other segment items (1,989) 87 (2,482) 123  
NOI 13,968 10,731 28,140 21,632  
Additions to long-lived assets 0 0 0 0  
Transfers from non-operating properties 6,674 5,325 22,230 9,266  
Segment assets 594,644 494,805 594,644 494,805  
Reportable segments | Other          
Segment financial information for real estate operations          
Revenues from real estate operations 18,701 18,748 38,292 36,918  
Other segment items          
Property operating expenses (10,005) (10,120) (21,449) (18,829)  
UJV NOI allocable to COPT Defense 0 0 0 0  
Total other segment items (10,005) (10,120) (21,449) (18,829)  
NOI 8,696 8,628 16,843 18,089  
Additions to long-lived assets 5,256 3,629 11,857 5,362  
Transfers from non-operating properties 297 2,225 685 4,999  
Segment assets $ 329,204 $ 316,482 $ 329,204 $ 316,482