Intangible Assets on Real Estate Acquisitions (Details) (USD $)
|
3 Months Ended | ||
---|---|---|---|
Mar. 31, 2015
|
Mar. 31, 2014
|
Dec. 31, 2014
|
|
Intangible assets on real estate acquisitions | |||
Gross Carrying Amount | $ 208,067,000us-gaap_FiniteLivedIntangibleAssetsGross | $ 188,467,000us-gaap_FiniteLivedIntangibleAssetsGross | |
Accumulated Amortization | 146,590,000us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization | 144,613,000us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization | |
Net Carrying Amount | 61,477,000us-gaap_IntangibleAssetsNetExcludingGoodwill | 43,854,000us-gaap_IntangibleAssetsNetExcludingGoodwill | |
Amortization of intangible assets | 2,600,000us-gaap_AmortizationOfIntangibleAssets | 3,600,000us-gaap_AmortizationOfIntangibleAssets | |
Weighted average useful life | 10 years | ||
Estimated future amortization expense associated with the intangible asset categories for the next five years | |||
Remainder of fiscal year | 9,400,000us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear | ||
2016 | 11,600,000us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths | ||
2017 | 9,400,000us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo | ||
2018 | 6,300,000us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree | ||
2019 | 5,100,000us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour | ||
2020 | 3,800,000us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive | ||
In-place lease value | |||
Intangible assets on real estate acquisitions | |||
Gross Carrying Amount |
133,395,000us-gaap_FiniteLivedIntangibleAssetsGross / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = ofc_InPlaceLeaseValueMember |
123,759,000us-gaap_FiniteLivedIntangibleAssetsGross / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = ofc_InPlaceLeaseValueMember |
|
Accumulated Amortization |
102,019,000us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = ofc_InPlaceLeaseValueMember |
101,040,000us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = ofc_InPlaceLeaseValueMember |
|
Net Carrying Amount |
31,376,000us-gaap_IntangibleAssetsNetExcludingGoodwill / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = ofc_InPlaceLeaseValueMember |
22,719,000us-gaap_IntangibleAssetsNetExcludingGoodwill / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = ofc_InPlaceLeaseValueMember |
|
Weighted average useful life | 6 years | ||
Tenant relationship value | |||
Intangible assets on real estate acquisitions | |||
Gross Carrying Amount |
49,552,000us-gaap_FiniteLivedIntangibleAssetsGross / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = us-gaap_CustomerRelationshipsMember |
42,301,000us-gaap_FiniteLivedIntangibleAssetsGross / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = us-gaap_CustomerRelationshipsMember |
|
Accumulated Amortization |
29,265,000us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = us-gaap_CustomerRelationshipsMember |
28,492,000us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = us-gaap_CustomerRelationshipsMember |
|
Net Carrying Amount |
20,287,000us-gaap_IntangibleAssetsNetExcludingGoodwill / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = us-gaap_CustomerRelationshipsMember |
13,809,000us-gaap_IntangibleAssetsNetExcludingGoodwill / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = us-gaap_CustomerRelationshipsMember |
|
Weighted average useful life | 8 years | ||
Below-market cost arrangements | |||
Intangible assets on real estate acquisitions | |||
Gross Carrying Amount |
12,415,000us-gaap_FiniteLivedIntangibleAssetsGross / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = ofc_BelowMarketCostArrangementsMember |
12,415,000us-gaap_FiniteLivedIntangibleAssetsGross / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = ofc_BelowMarketCostArrangementsMember |
|
Accumulated Amortization |
6,154,000us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = ofc_BelowMarketCostArrangementsMember |
5,984,000us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = ofc_BelowMarketCostArrangementsMember |
|
Net Carrying Amount |
6,261,000us-gaap_IntangibleAssetsNetExcludingGoodwill / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = ofc_BelowMarketCostArrangementsMember |
6,431,000us-gaap_IntangibleAssetsNetExcludingGoodwill / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = ofc_BelowMarketCostArrangementsMember |
|
Weighted average useful life | 31 years | ||
Above-market leases | |||
Intangible assets on real estate acquisitions | |||
Gross Carrying Amount |
11,372,000us-gaap_FiniteLivedIntangibleAssetsGross / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = us-gaap_LeasesAcquiredInPlaceMarketAdjustmentMember |
8,659,000us-gaap_FiniteLivedIntangibleAssetsGross / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = us-gaap_LeasesAcquiredInPlaceMarketAdjustmentMember |
|
Accumulated Amortization |
8,211,000us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = us-gaap_LeasesAcquiredInPlaceMarketAdjustmentMember |
8,159,000us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = us-gaap_LeasesAcquiredInPlaceMarketAdjustmentMember |
|
Net Carrying Amount |
3,161,000us-gaap_IntangibleAssetsNetExcludingGoodwill / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = us-gaap_LeasesAcquiredInPlaceMarketAdjustmentMember |
500,000us-gaap_IntangibleAssetsNetExcludingGoodwill / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = us-gaap_LeasesAcquiredInPlaceMarketAdjustmentMember |
|
Weighted average useful life | 4 years | ||
Market concentration premium | |||
Intangible assets on real estate acquisitions | |||
Gross Carrying Amount |
1,333,000us-gaap_FiniteLivedIntangibleAssetsGross / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = ofc_MarketConcentrationPremiumMember |
1,333,000us-gaap_FiniteLivedIntangibleAssetsGross / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = ofc_MarketConcentrationPremiumMember |
|
Accumulated Amortization |
941,000us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = ofc_MarketConcentrationPremiumMember |
938,000us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = ofc_MarketConcentrationPremiumMember |
|
Net Carrying Amount |
$ 392,000us-gaap_IntangibleAssetsNetExcludingGoodwill / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = ofc_MarketConcentrationPremiumMember |
$ 395,000us-gaap_IntangibleAssetsNetExcludingGoodwill / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = ofc_MarketConcentrationPremiumMember |
|
Weighted average useful life | 27 years |
X | ||||||||||
- Definition
Weighted average amortization period of finite-lived intangible assets acquired either individually or as part of a group of assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Accumulated amount of amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized in the remainder of the fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. No definition available.
|
X | ||||||||||
- Definition
Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount before amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|