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Summary of Significant Accounting Policies Summary of Significant Accounting Policies (Tables) | 9 Months Ended
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Sep. 30, 2013
Accounting Policies [Abstract] |
Schedule of adjustments to prior period financial statements | The following are selected line items from COPT’s consolidated financial statements as of, and for the three and nine months ended, September 30, 2012 illustrating the effect of adjustments pertaining to reclassifications and revisions (in thousands):
| Consolidated Balance Sheet as of September 30, 2012
| Per September 30, 2012 10-Q |  | As Revised |  | Change |  | Revisions
Redeemable noncontrolling interest | $ | — |  |  | $ | 9,932 |  |  | $ | 9,932 |  |  | $ | 9,932 |
Additional paid-in capital | $ | 1,455,558 |  |  | $ | 1,451,416 |  |  | $ | (4,142 | ) |  | $ | (4,142 | )
Cumulative distributions in excess of net income | $ | (610,659 | ) |  | $ | (607,633 | ) |  | $ | 3,026 |  |  | $ | 3,026 |
Noncontrolling interests in common units in COPLP | $ | 48,973 |  |  | $ | 49,157 |  |  | $ | 184 |  |  | $ | 184 |
Noncontrolling interests in other consolidated entities | $ | 18,682 |  |  | $ | 9,682 |  |  | $ | (9,000 | ) |  | $ | (9,000 | )
Total equity | $ | 1,250,221 |  |  | $ | 1,240,289 |  |  | $ | (9,932 | ) |  | $ | (9,932 | )
Total liabilities, redeemable noncontrolling interest and equity | $ | 3,597,656 |  |  | $ | 3,597,656 |  |  | $ | — |  |  | $ | — |
| Consolidated Statements of Operations for the
| Three Months Ended September 30, 2012
| Per September 30, 2012 10-Q |  | Per September 30, 2013 10-Q |  | Change |  | Discontinued Operations |  | Other Reclassifications |  | Revisions
Total revenues | $ | 130,144 |  |  | $ | 129,645 |  |  | $ | (499 | ) |  | $ | (499 | ) |  | $ | — |  |  | $ | — |
Expenses |  |  |  |  |  |  |  |  |  |  |  |
Property operating expenses | $ | 42,799 |  |  | $ | 41,474 |  |  | $ | (1,325 | ) |  | $ | (9 | ) |  | $ | (1,316 | ) |  | $ | — |
Depreciation and amortization associated with real estate operations | 28,698 |  |  | 28,604 |  |  | (94 | ) |  | (94 | ) |  | — |  |  | — |
Construction contract and other service expenses | 14,410 |  |  | 14,410 |  |  | — |  |  | — |  |  | — |  |  | — |
Impairment losses | 46,096 |  |  | 46,096 |  |  | — |  |  | — |  |  | — |  |  | — |
General, administrative and leasing expenses | 5,061 |  |  | 6,377 |  |  | 1,316 |  |  | — |  |  | 1,316 |  |  | — |
Business development expenses and land carry costs | 1,632 |  |  | 1,632 |  |  | — |  |  | — |  |  | — |  |  | — |
Total operating expenses | $ | 138,696 |  |  | $ | 138,593 |  |  | $ | (103 | ) |  | $ | (103 | ) |  | $ | — |  |  | $ | — |
Operating loss | $ | (8,552 | ) |  | $ | (8,948 | ) |  | $ | (396 | ) |  | $ | (396 | ) |  | $ | — |  |  | $ | — |
Interest expense | $ | (23,239 | ) |  | $ | (23,239 | ) |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Income tax expense | $ | (106 | ) |  | $ | (106 | ) |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Loss from continuing operations | $ | (31,816 | ) |  | $ | (32,212 | ) |  | $ | (396 | ) |  | $ | (396 | ) |  | $ | — |  |  | $ | — |
Discontinued operations | $ | 11,051 |  |  | $ | 11,447 |  |  | $ | 396 |  |  | $ | 396 |  |  | $ | — |  |  | $ | — |
Net loss | $ | (20,765 | ) |  | $ | (20,765 | ) |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Net loss attributable to noncontrolling interests in common units in COPLP | $ | 1,569 |  |  | $ | 1,533 |  |  | $ | (36 | ) |  | $ | — |  |  | $ | — |  |  | $ | (36 | )
Net loss attributable to noncontrolling interests in other consolidated entities | $ | (411 | ) |  | $ | 235 |  |  | $ | 646 |  |  | $ | — |  |  | $ | — |  |  | $ | 646 |
Net loss attributable to COPT | $ | (19,772 | ) |  | $ | (19,162 | ) |  | $ | 610 |  |  | $ | — |  |  | $ | — |  |  | $ | 610 |
Basic and diluted earnings per common share: |  |  |  |  |  |  |  |  |  |  |
Loss from continuing operations | $ | (0.54 | ) |  | $ | (0.54 | ) |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Discontinued operations | 0.15 |  |  | 0.15 |  |  | — |  |  | — |  |  | — |  |  | — |
Net loss attributable to COPT common shareholders | $ | (0.39 | ) |  | $ | (0.39 | ) |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
| Consolidated Statements of Operations for the
| Nine Months Ended September 30, 2012
| Per September 30, 2012 10-Q |  | Per September 30, 2013 10-Q |  | Change |  | Discontinued Operations |  | Other Reclassifications |  | Revisions
Total revenues | $ | 390,499 |  |  | $ | 389,043 |  |  | $ | (1,456 | ) |  | $ | (1,456 | ) |  | $ | — |  |  | $ | — |
Expenses |  |  |  |  |  |  |  |  |  |  |
Property operating expenses | $ | 126,339 |  |  | $ | 122,102 |  |  | $ | (4,237 | ) |  | $ | 32 |  |  | $ | (4,269 | ) |  | $ | — |
Depreciation and amortization associated with real estate operations | 84,920 |  |  | 84,633 |  |  | (287 | ) |  | (287 | ) |  | — |  |  | — |
Construction contract and other service expenses | 51,302 |  |  | 51,302 |  |  | — |  |  | — |  |  | — |  |  | — |
Impairment losses | 41,260 |  |  | 41,260 |  |  | — |  |  | — |  |  | — |  |  | — |
General, administrative and leasing expenses | 19,820 |  |  | 24,797 |  |  | 4,977 |  |  | (3 | ) |  | 4,269 |  |  | 711 |
Business development expenses and land carry costs | 4,506 |  |  | 4,506 |  |  | — |  |  | — |  |  | — |  |  | — |
Total operating expenses | $ | 328,147 |  |  | $ | 328,600 |  |  | $ | 453 |  |  | $ | (258 | ) |  | $ | — |  |  | $ | 711 |
Operating income | $ | 62,352 |  |  | $ | 60,443 |  |  | $ | (1,909 | ) |  | $ | (1,198 | ) |  | $ | — |  |  | $ | (711 | )
Interest expense | $ | (71,909 | ) |  | $ | (71,909 | ) |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Income tax expense | $ | (4,296 | ) |  | $ | (327 | ) |  | $ | 3,969 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,969 |
Loss from continuing operations | $ | (12,160 | ) |  | $ | (10,100 | ) |  | $ | 2,060 |  |  | $ | (1,198 | ) |  | $ | — |  |  | $ | 3,258 |
Discontinued operations | $ | 10,212 |  |  | $ | 11,410 |  |  | $ | 1,198 |  |  | $ | 1,198 |  |  | $ | — |  |  | $ | — |
Net (loss) income | $ | (1,927 | ) |  | $ | 1,331 |  |  | $ | 3,258 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,258 |
Net loss attributable to noncontrolling interests in common units in COPLP | $ | 1,020 |  |  | $ | 738 |  |  | $ | (282 | ) |  | $ | — |  |  | $ | — |  |  | $ | (282 | )
Net (income) loss attributable to noncontrolling interests in other consolidated entities | $ | (939 | ) |  | $ | 864 |  |  | $ | 1,803 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,803 |
Net (loss) income attributable to COPT | $ | (2,341 | ) |  | $ | 2,438 |  |  | $ | 4,779 |  |  | $ | — |  |  | $ | — |  |  | $ | 4,779 |
Basic and diluted earnings per common share: |  |  |  |  |  |  |  |  |  |  |
Loss from continuing operations | $ | (0.40 | ) |  | $ | (0.35 | ) |  | $ | 0.05 |  |  | $ | (0.02 | ) |  | $ | — |  |  | $ | 0.07 |
Discontinued operations | 0.13 |  |  | 0.15 |  |  | 0.02 |  |  | 0.02 |  |  | — |  |  | — |
Net loss attributable to COPT common shareholders | $ | (0.27 | ) |  | $ | (0.20 | ) |  | $ | 0.07 |  |  | $ | — |  |  | $ | — |  |  | $ | 0.07 |

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- Definition Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=28359718&loc=d3e22644-107794 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=28359718&loc=d3e22663-107794 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=28359718&loc=d3e22658-107794 + Details
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