XML 38 R31.htm IDEA: XBRL DOCUMENT ﻿
v2.3.0.11

Information by Business Segment (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2011
Information by Business Segment |
Schedule of segment financial information for real estate operations |
|  | Baltimore/ Washington Corridor |  | Greater Baltimore |  | Northern Virginia |  | Colorado Springs |  | Suburban Maryland |  | San Antonio |  | Washington, DC - Capitol Riverfront |  | Greater Philadelphia |  | St. Mary’s & King George Counties |  | Wholesale Data Center |  | Other |  | Total |
Three Months Ended June 30, 2011 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues from real estate operations |  | $ | 52,860 |  | $ | 17,846 |  | $ | 18,445 |  | $ | 5,912 |  | $ | 5,325 |  | $ | 7,089 |  | $ | 4,252 |  | $ | 1,675 |  | $ | 3,564 |  | $ | 1,276 |  | $ | 2,562 |  | $ | 120,806 |
Property operating expenses |  | 18,325 |  | 7,269 |  | 7,374 |  | 2,077 |  | 2,234 |  | 3,208 |  | 1,657 |  | 375 |  | 970 |  | 831 |  | 1,134 |  | 45,454 |
NOI from real estate operations |  | $ | 34,535 |  | $ | 10,577 |  | $ | 11,071 |  | $ | 3,835 |  | $ | 3,091 |  | $ | 3,881 |  | $ | 2,595 |  | $ | 1,300 |  | $ | 2,594 |  | $ | 445 |  | $ | 1,428 |  | $ | 75,352 |
Additions to properties, net |  | $ | 18,588 |  | $ | 5,858 |  | $ | 17,177 |  | $ | 998 |  | $ | 2,388 |  | $ | 2,399 |  | $ | 632 |  | $ | 3,800 |  | $ | 3,894 |  | $ | 15,311 |  | $ | 4,951 |  | $ | 75,996 |
Three Months Ended June 30, 2010 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues from real estate operations |  | $ | 50,623 |  | $ | 16,827 |  | $ | 18,172 |  | $ | 6,154 |  | $ | 5,452 |  | $ | 4,228 |  | $ | — |  | $ | 1,510 |  | $ | 3,530 |  | $ | — |  | $ | 3,495 |  | $ | 109,991 |
Property operating expenses |  | 16,853 |  | 7,311 |  | 6,706 |  | 2,239 |  | 2,199 |  | 2,100 |  | — |  | 800 |  | 1,041 |  | — |  | 895 |  | 40,144 |
NOI from real estate operations |  | $ | 33,770 |  | $ | 9,516 |  | $ | 11,466 |  | $ | 3,915 |  | $ | 3,253 |  | $ | 2,128 |  | $ | — |  | $ | 710 |  | $ | 2,489 |  | $ | — |  | $ | 2,600 |  | $ | 69,847 |
Additions to properties, net |  | $ | 32,257 |  | $ | 7,919 |  | $ | 32,684 |  | $ | 700 |  | $ | 540 |  | $ | 5,559 |  | $ | — |  | $ | 6,273 |  | $ | 132 |  | $ | — |  | $ | 1,311 |  | $ | 87,375 |
Six Months Ended June 30, 2011 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues from real estate operations |  | $ | 106,112 |  | $ | 35,458 |  | $ | 36,719 |  | $ | 11,832 |  | $ | 10,934 |  | $ | 14,752 |  | $ | 8,842 |  | $ | 3,614 |  | $ | 7,098 |  | $ | 2,486 |  | $ | 5,400 |  | $ | 243,247 |
Property operating expenses |  | 39,715 |  | 15,809 |  | 15,045 |  | 4,513 |  | 4,952 |  | 7,077 |  | 3,284 |  | 821 |  | 1,986 |  | 1,537 |  | 1,620 |  | 96,359 |
NOI from real estate operations |  | $ | 66,397 |  | $ | 19,649 |  | $ | 21,674 |  | $ | 7,319 |  | $ | 5,982 |  | $ | 7,675 |  | $ | 5,558 |  | $ | 2,793 |  | $ | 5,112 |  | $ | 949 |  | $ | 3,780 |  | $ | 146,888 |
Additions to properties, net |  | $ | 43,343 |  | $ | 17,684 |  | $ | 19,314 |  | $ | 1,419 |  | $ | 3,563 |  | $ | 4,689 |  | $ | 695 |  | $ | 6,033 |  | $ | 7,144 |  | $ | 39,381 |  | $ | 8,082 |  | $ | 151,347 |
Segment assets at June 30, 2011 |  | $ | 1,389,667 |  | $ | 566,900 |  | $ | 556,037 |  | $ | 261,813 |  | $ | 171,418 |  | $ | 159,350 |  | $ | 115,949 |  | $ | 127,685 |  | $ | 102,402 |  | $ | 168,986 |  | $ | 248,023 |  | $ | 3,868,230 |
Six Months Ended June 30, 2010 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues from real estate operations |  | $ | 102,681 |  | $ | 34,692 |  | $ | 36,831 |  | $ | 12,486 |  | $ | 11,281 |  | $ | 8,166 |  | $ | — |  | $ | 2,712 |  | $ | 7,119 |  | $ | — |  | $ | 7,019 |  | $ | 222,987 |
Property operating expenses |  | 39,008 |  | 16,321 |  | 14,019 |  | 4,548 |  | 4,900 |  | 3,729 |  | — |  | 1,563 |  | 2,148 |  | — |  | 2,204 |  | 88,440 |
NOI from real estate operations |  | $ | 63,673 |  | $ | 18,371 |  | $ | 22,812 |  | $ | 7,938 |  | $ | 6,381 |  | $ | 4,437 |  | $ | — |  | $ | 1,149 |  | $ | 4,971 |  | $ | — |  | $ | 4,815 |  | $ | 134,547 |
Additions to properties, net |  | $ | 48,216 |  | $ | 15,159 |  | $ | 37,594 |  | $ | 1,513 |  | $ | 2,081 |  | $ | 10,498 |  | $ | — |  | $ | 16,331 |  | $ | 543 |  | $ | — |  | $ | 13,787 |  | $ | 145,722 |
Segment assets at June 30, 2010 |  | $ | 1,358,956 |  | $ | 570,889 |  | $ | 485,307 |  | $ | 267,356 |  | $ | 172,321 |  | $ | 144,275 |  | $ | — |  | $ | 120,432 |  | $ | 93,333 |  | $ | — |  | $ | 254,414 |  | $ | 3,467,283 |
Schedule of reconciliation of segment revenues to total revenues |
|  | For the Three Months |  | For the Six Months |
|  | Ended June 30, |  | Ended June 30, |
|  | 2011 |  | 2010 |  | 2011 |  | 2010 |
Segment revenues from real estate operations |  | $ | 120,806 |  | $ | 109,991 |  | $ | 243,247 |  | $ | 222,987 |
Construction contract and other service revenues |  | 28,097 |  | 26,065 |  | 49,125 |  | 63,430 |
Less: Revenues from discontinued operations (Note 13) |  | (2,263 | ) | (3,262 | ) | (4,546 | ) | (6,627 | )
Total revenues |  | $ | 146,640 |  | $ | 132,794 |  | $ | 287,826 |  | $ | 279,790 |
Schedule of reconciliation of segment property operating expenses to total property operating expenses |
|  | For the Three Months |  | For the Six Months |
|  | Ended June 30, |  | Ended June 30, |
|  | 2011 |  | 2010 |  | 2011 |  | 2010 |
Segment property operating expenses |  | $ | 45,454 |  | $ | 40,144 |  | $ | 96,359 |  | $ | 88,440 |
Less: Property operating expenses from discontinued operations (Note 13) |  | (733 | ) | (884 | ) | (1,928 | ) | (2,234 | )
Total property operating expenses |  | $ | 44,721 |  | $ | 39,260 |  | $ | 94,431 |  | $ | 86,206 |
Schedule of computation of net operating income from service operations |
|  | For the Three Months |  | For the Six Months |
|  | Ended June 30, |  | Ended June 30, |
|  | 2011 |  | 2010 |  | 2011 |  | 2010 |
Construction contract and other service revenues |  | $ | 28,097 |  | $ | 26,065 |  | $ | 49,125 |  | $ | 63,430 |
Construction contract and other service expenses |  | (26,909 | ) | (25,402 | ) | (47,527 | ) | (61,801 | )
NOI from service operations |  | $ | 1,188 |  | $ | 663 |  | $ | 1,598 |  | $ | 1,629 |
Schedule of reconciliation of net operating income from real estate operations and service operations to income from continuing operations |
|  | For the Three Months |  | For the Six Months |
|  | Ended June 30, |  | Ended June 30, |
|  | 2011 |  | 2010 |  | 2011 |  | 2010 |
NOI from real estate operations |  | $ | 75,352 |  | $ | 69,847 |  | $ | 146,888 |  | $ | 134,547 |
NOI from service operations |  | 1,188 |  | 663 |  | 1,598 |  | 1,629 |
Interest and other income |  | 2,756 |  | 245 |  | 3,924 |  | 1,547 |
Equity in loss of unconsolidated entities |  | (94 | ) | (72 | ) | (64 | ) | (277 | )
Income tax benefit (expense) |  | 5,042 |  | (7 | ) | 5,586 |  | (48 | )
Other adjustments: |  |  |  |  |  |  |  |  |
Depreciation and other amortization associated with real estate operations |  | (31,440 | ) | (28,720 | ) | (62,830 | ) | (55,531 | )
Impairment losses |  | (38,290 | ) | — |  | (66,032 | ) | — |
General and administrative expenses |  | (6,320 | ) | (5,926 | ) | (13,097 | ) | (11,826 | )
Business development expenses |  | (588 | ) | (465 | ) | (1,076 | ) | (620 | )
Interest expense on continuing operations |  | (26,607 | ) | (25,576 | ) | (53,246 | ) | (48,068 | )
NOI from discontinued operations |  | (1,530 | ) | (2,378 | ) | (2,618 | ) | (4,393 | )
Loss on early extinguishment of debt |  | (25 | ) | — |  | (25 | ) | — |
(Loss) income from continuing operations |  | $ | (20,556 | ) | $ | 7,611 |  | $ | (40,992 | ) | $ | 16,960 |

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total profit or loss from reportable segments to the entity's consolidated income from continuing operations. + Details
Name: | ofc_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedIncomeFromContinuingOperationsTableTextBlock
Namespace Prefix: | ofc
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total property operating expenses from reportable segments to the entity's consolidated property operating expenses. + Details
Name: | ofc_ReconciliationOfPropertyOperatingExpensesFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | ofc
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the computation of net operating income from service operations. + Details
Name: | ofc_ScheduleOfNetOperatingIncomeFromSegmentsFromServiceOperationsTableTextBlock
Namespace Prefix: | ofc
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -Paragraph 32 -Subparagraph a -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 + Details
Name: | us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8721-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8736-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -Paragraph 27, 28 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6905597&loc=d3e13816-109267 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8813-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration