Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Equity

v3.3.1.900
Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Common Shares [Member]
Preferred Shares [Member]
Common Shares [Member]
Additional Paid-in Capital [Member]
Additional Paid-in Capital [Member]
Common Shares [Member]
Cumulative Distributions in Excess of Net Income [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Noncontrolling Interests in Subsidiaries [Member]
Corporate Office Properties, L.P. [Member]
Corporate Office Properties, L.P. [Member]
Common Shares [Member]
Corporate Office Properties, L.P. [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Corporate Office Properties, L.P. [Member]
Noncontrolling Interests in Subsidiaries [Member]
Corporate Office Properties, L.P. [Member]
Limited Partner [Member]
Corporate Office Properties, L.P. [Member]
Limited Partner [Member]
Preferred Shares [Member]
Corporate Office Properties, L.P. [Member]
General Partner [Member]
Corporate Office Properties, L.P. [Member]
General Partner [Member]
Preferred Shares [Member]
Balance at Dec. 31, 2012 $ 1,436,499   $ 333,833 $ 809 $ 1,653,672   $ (617,455) $ (5,435) $ 71,075 $ 1,436,499 $ 1,089,391 $ (5,708) $ 10,183   $ 8,800   $ 333,833
Balance (in units/ shares) at Dec. 31, 2012 80,952,986                   85,020,528            
Balance (preferred units) at Dec. 31, 2012                             352,000   12,821,667
Increase (Decrease) in Shareholders' Equity                                  
Redemption of preferred shares/units     (3,390,000)                           (3,390,000)
Redemption of preferred shares/units (3,390,000 and 2,000,000 shares in 2013 and 2014, respectively) $ (84,750)   $ (84,750)   2,904   (2,904)     (84,750)             $ (84,750)
Conversion of common units to common shares (311,343, 140,149 and 160,160 shares in 2013, 2014 and 2015 respectively) 0     3 3,994       (3,997)                
Shares issued to the public (4,485,000 and 5,520,000 common shares in 2013 and 2014, respectively)(in dollars) 117,961     $ 45 117,916         117,961 $ 117,961            
Shares issued to the public (in units/shares)       4,485,000             4,485,000            
Issuance of common units resulting from common shares issued under at-the-market program (in units)                     1,500,000            
Issuance of common units resulting from common shares issued under at-the-market program (1,500,000 shares in 2013 and 890,241 shares in 2015) (in dollars)   $ 38,447   $ 15   $ 38,432       38,447 $ 38,447            
Acquisition of property and noncontrolling interest in other consolidated entity for COPLP common units $ 1,369       (1,296)       2,665                
Acquisition of property and noncontrolling interest in other consolidated entity for COPLP common units (in units)                     221,501            
Acquisition of property and noncontrolling interest in other consolidated entity for COPLP common units (in dollars)                   1,369 $ 3,899   (2,530)        
Exercise of share options (in units/shares) 39,331                   39,331            
Exercise of share options (39,331, 62,888 and 76,474 shares in 2013, 2014 and 2015 respectively)(in dollars) $ 779       779         779 $ 779            
Share-based compensation (105,852, 137,735 and 149,353 shares issued in 2013, 2014 and 2015) $ 7,605     2 7,603         7,605 $ 7,605            
Share-based compensation (in shares/units) 105,852                   105,852            
Redemptions of vested equity awards $ (2,002)       (2,002)         (2,002) $ (2,002)            
Contributions from noncontrolling interests 0       (744)       744                
Comprehensive income 109,699           93,707 8,915 7,077 109,699 77,006 9,313 2,749   $ 660   19,971
Dividends/Distributions (115,216)           (115,216)     (120,156) (99,525)       $ (660)   $ (19,971)
Distributions to owners of common and preferred units in COPLP (4,940)               (4,940)                
Contributions from noncontrolling interests in other consolidates entities 86               86 86     86        
Distributions to noncontrolling interests (1,045)               (1,045) (1,045)     (1,045)        
Adjustment to arrive at fair value of redeemable noncontrolling interest (7,121)       (7,121)         (7,121) (7,121)            
Tax loss from share-based compensation $ (122)       (122)         (122) $ (122)            
Balance (preferred units) at Dec. 31, 2013                             352,000   9,431,667
Balance (in units/ shares) at Dec. 31, 2013 87,394,512                   91,372,212            
Balance at Dec. 31, 2013 $ 1,497,249   $ 249,083 874 1,814,015   (641,868) 3,480 71,665 1,497,249 $ 1,226,318 3,605 9,443   $ 8,800   $ 249,083
Increase (Decrease) in Shareholders' Equity                                  
Redemption of preferred shares/units     (2,000,000)                           (2,000,000)
Redemption of preferred shares/units (3,390,000 and 2,000,000 shares in 2013 and 2014, respectively) (50,000)   $ (50,000)   1,769   (1,769)     (50,000)             $ (50,000)
Conversion of common units to common shares (311,343, 140,149 and 160,160 shares in 2013, 2014 and 2015 respectively) 0     2 1,841       (1,843)                
Shares issued to the public (4,485,000 and 5,520,000 common shares in 2013 and 2014, respectively)(in dollars) $ 148,666     $ 55 148,611         148,666 $ 148,666            
Shares issued to the public (in units/shares)       5,520,000             5,520,000            
Exercise of share options (in units/shares) 62,888                   62,888            
Exercise of share options (39,331, 62,888 and 76,474 shares in 2013, 2014 and 2015 respectively)(in dollars) $ 1,489     $ 0 1,489         1,489 $ 1,489            
Share-based compensation (105,852, 137,735 and 149,353 shares issued in 2013, 2014 and 2015) $ 7,050     2 7,048         7,050 $ 7,050            
Share-based compensation (in shares/units) 137,735                   137,735            
Redemptions of vested equity awards $ (1,554)       (1,554)         (1,554) $ (1,554)            
Contributions from noncontrolling interests 0       (3,382)       3,382                
Comprehensive income 38,274           40,255 (4,777) 2,796 38,274 25,331 (4,986) 1,330   660   15,939
Dividends/Distributions (113,882)           (113,882)     (118,811) (102,212)       $ (660)   $ (15,939)
Distributions to owners of common and preferred units in COPLP (4,929)               (4,929)                
Contributions from noncontrolling interests in other consolidates entities 3       0       3 3     3        
Distributions to noncontrolling interests (1,613)               (1,613) (1,613)     (1,613)        
Adjustment to arrive at fair value of redeemable noncontrolling interest 134       134         134 134            
Tax loss from share-based compensation $ (3)       (3)         (3) $ (3)            
Balance (preferred units) at Dec. 31, 2014                           352,000 352,000 7,431,667 7,431,667
Balance (in units/ shares) at Dec. 31, 2014 93,255,284                   97,092,835     3,837,551   93,255,284  
Balance at Dec. 31, 2014 $ 1,520,884   199,083 933 1,969,968   (717,264) (1,297) 69,461 1,520,884 $ 1,305,219 (1,381) 9,163   $ 8,800   $ 199,083
Increase (Decrease) in Shareholders' Equity                                  
Conversion of common units to common shares (311,343, 140,149 and 160,160 shares in 2013, 2014 and 2015 respectively) 0     2 2,149       (2,151)                
Issuance of common units resulting from common shares issued under at-the-market program (in units)                     890,241            
Issuance of common units resulting from common shares issued under at-the-market program (1,500,000 shares in 2013 and 890,241 shares in 2015) (in dollars) $ 26,535     9 26,526         26,535 $ 26,535            
Exercise of share options (in units/shares) 76,474                   76,474            
Exercise of share options (39,331, 62,888 and 76,474 shares in 2013, 2014 and 2015 respectively)(in dollars) $ 2,008       2,008         2,008 $ 2,008            
Share-based compensation (105,852, 137,735 and 149,353 shares issued in 2013, 2014 and 2015) $ 7,398     1 7,397         7,398 $ 7,398            
Share-based compensation (in shares/units) 149,353                   149,353            
Redemptions of vested equity awards $ (2,462)       (2,462)         (2,462) $ (2,462)            
Contributions from noncontrolling interests 0       (682)       682                
Comprehensive income 185,247           178,300 (1,541) 8,488 185,247 170,488 (1,604) 1,493   660   14,210
Dividends/Distributions (118,208)           (118,208)     (122,914) (108,044)       $ (660)   $ (14,210)
Distributions to owners of common and preferred units in COPLP (4,706)               (4,706)                
Contributions from noncontrolling interests in other consolidates entities 300               300 300     300        
Distributions to noncontrolling interests (35)               (35) (35)     (35)        
Adjustment to arrive at fair value of redeemable noncontrolling interest 116       116         116 116            
Tax loss from share-based compensation $ (513)       (513)         (513) $ (513)            
Balance (preferred units) at Dec. 31, 2015                           352,000 352,000 7,431,667 7,431,667.000
Balance (in units/ shares) at Dec. 31, 2015 94,531,512                   98,208,903.000     3,677,391   94,531,512  
Balance at Dec. 31, 2015 $ 1,616,564   $ 199,083 $ 945 $ 2,004,507   $ (657,172) $ (2,838) $ 72,039 $ 1,616,564 $ 1,400,745 $ (2,985) $ 10,921   $ 8,800   $ 199,083