Quarterly report [Sections 13 or 15(d)]

Information by Business Segment - NOI Reconciliation (Details)

v3.26.3
Information by Business Segment - NOI Reconciliation (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Segment financial information for real estate operations        
Depreciation and other amortization associated with real estate operations $ (42,966) $ (40,631) $ (127,940) $ (119,563)
General, administrative, leasing, and other expenses (12,556) (12,030) (38,469) (36,097)
Interest expense (24,439) (20,894) (72,879) (62,336)
Interest and other income, net 2,984 2,591 9,912 5,382
Gain on sales of real estate 7,673 3,018 14,697 3,318
Equity in income of unconsolidated entities 415 1,815 2,213 2,541
UJV NOI allocable to COPT Defense included in equity in income of unconsolidated entities (2,212) (1,864) (6,318) (5,623)
Income tax expense (96) (612) (254) (832)
Net income 49,794 43,744 138,492 120,138
Reportable segments        
Segment financial information for real estate operations        
NOI 120,330 111,818 355,637 331,676
UJV NOI allocable to COPT Defense included in equity in income of unconsolidated entities (2,212) (1,864) (6,318) (5,623)
Service operations        
Segment financial information for real estate operations        
NOI $ 661 $ 533 $ 1,893 $ 1,672