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Per Share Data (Calculation Of Basic And Diluted Earnings Per Share) (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Earnings Per Share [Abstract]                      
Number of common share equivalent securities excluded from the diluted earnings per share calculation                 2,800,000us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount 2,100,000us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount 2,300,000us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
Income from continuing operations attributable to common shareholders                 $ 292,089us-gaap_IncomeLossFromContinuingOperations $ 151,594us-gaap_IncomeLossFromContinuingOperations $ 154,116us-gaap_IncomeLossFromContinuingOperations
Amount allocated to participating securities                 (2,687)us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic (3,177)us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic (2,784)us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
Income from continuing operations attributable to common shareholders, net of amount allocated to participating securities                 289,402cpt_IncomeLossFromContinuingOperationsAfterAdjustmentForAmountAllocatedToParticipatingSecurities 148,417cpt_IncomeLossFromContinuingOperationsAfterAdjustmentForAmountAllocatedToParticipatingSecurities 151,332cpt_IncomeLossFromContinuingOperationsAfterAdjustmentForAmountAllocatedToParticipatingSecurities
Income from discontinued operations, including gain on sale, attributable to common shareholders                 0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity 184,770us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity 129,274us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Net income attributable to common shareholders, as adjusted                 289,402us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 333,187us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 280,606us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per common share from continuing operations                 $ 3.29us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 1.70us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 1.81us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Earnings per common share from discontinued operations                 $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 2.12us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 1.54us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
Total earnings per common share - basic $ 1.99us-gaap_EarningsPerShareBasic [1] $ 0.43us-gaap_EarningsPerShareBasic [2] $ 0.40us-gaap_EarningsPerShareBasic [3] $ 0.45us-gaap_EarningsPerShareBasic [4] $ 1.47us-gaap_EarningsPerShareBasic [5] $ 0.80us-gaap_EarningsPerShareBasic [6] $ 0.82us-gaap_EarningsPerShareBasic [7] $ 0.72us-gaap_EarningsPerShareBasic [8] $ 3.29us-gaap_EarningsPerShareBasic [9] $ 3.82us-gaap_EarningsPerShareBasic [9] $ 3.35us-gaap_EarningsPerShareBasic
Weighted average number of common shares outstanding - basic                 88,084,000us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 87,204,000us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 83,772,000us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Income allocated to common units                 0cpt_Incomeallocatedtocommonunits 1,133cpt_Incomeallocatedtocommonunits 1,984cpt_Incomeallocatedtocommonunits
Income from continuing operations attributable to common shareholders, as adjusted                 289,402cpt_IncomeLossFromContinuingOperationsAfterAdjustmentForAmountAllocatedToCommonUnits 149,550cpt_IncomeLossFromContinuingOperationsAfterAdjustmentForAmountAllocatedToCommonUnits 153,316cpt_IncomeLossFromContinuingOperationsAfterAdjustmentForAmountAllocatedToCommonUnits
Net income attributable to common shareholders, as adjusted                 $ 289,402us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted $ 334,320us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted $ 282,590us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted
Earnings per common share from continuing operations                 $ 3.27us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 1.69us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 1.79us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
Earnings per common share from discontinued operations                 $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 2.09us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 1.51us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
Total earnings per common share - diluted $ 1.98us-gaap_EarningsPerShareDiluted [1] $ 0.43us-gaap_EarningsPerShareDiluted [2] $ 0.40us-gaap_EarningsPerShareDiluted [3] $ 0.45us-gaap_EarningsPerShareDiluted [4] $ 1.46us-gaap_EarningsPerShareDiluted [5] $ 0.79us-gaap_EarningsPerShareDiluted [6] $ 0.81us-gaap_EarningsPerShareDiluted [7] $ 0.72us-gaap_EarningsPerShareDiluted [8] $ 3.27us-gaap_EarningsPerShareDiluted [9] $ 3.78us-gaap_EarningsPerShareDiluted [9] $ 3.30us-gaap_EarningsPerShareDiluted
Common share options and share awards granted                 384,000cpt_CommonShareOptionsAndShareAwardsGranted 476,000cpt_CommonShareOptionsAndShareAwardsGranted 647,000cpt_CommonShareOptionsAndShareAwardsGranted
Common units                 0us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock 814,000us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock 1,137,000us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock
Weighted average number of common shares outstanding - diluted                 88,468,000us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 88,494,000us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 85,556,000us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
[1] Includes a $155,680, or $1.76 basic and $1.73 diluted per share, impact related to the gain on sale of operating properties, and a $10,000, or $0.11 basic and diluted per share, impact related to incentive compensation expense as a result of joint venture restructuring.
[2] Includes a $1,808, or $0.02 basic and diluted per share, impact related to a gain on sale of land.
[3] Includes a $1,447, or $0.02 basic and diluted per share, impact related to a gain on sale of land, and a $1,152, or $0.01 basic and diluted per share, impact related to an impairment charge associated with land holdings
[4] Includes a $3,566, or $0.04 basic and diluted per share, impact related to our proportionate gain on sale of an operating property by each of our funds, which is included in equity in income of joint ventures.
[5] Includes a $91,101, or $1.04 basic and $1.03 diluted per share, impact related to the gain on sale of discontinued operations and a $3,245, or $0.04 basic and diluted per share, impact related to our proportionate gain on sale of two operating properties by one of our unconsolidated joint ventures included in equity in income of joint ventures.
[6] Includes an $34,410, or $0.39 basic and diluted per share, impact related to the gain on sale of discontinued operations.
[7] Includes a $24,866, or $0.29 basic and $0.28 diluted per share, impact related to the gain on sale of discontinued operations, and a $13,032, or $0.15 basic and diluted per share, impact related to our proportionate gain on sale of 14 joint venture communities included in equity in income of joint ventures.
[8] Includes a $31,783, or $0.37 basic and $0.36 diluted per share, impact related to the gain on sale of discontinued operations.
[9] Net income per share is computed independently for each of the quarters presented. Therefore, the sum of quarterly net income per share amounts may not equal the total computed for the year.