XML 60 R56.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Quarterly Data (Unaudited) (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2013
Quarterly Data [Line Items] |
Schedule of selected quarterly information | Certain of the amounts below have been reclassified to conform to the current period presentation of our consolidated financial statements.
| For the Year Ended December 31, 2013
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
Revenues | $ | 126,219 |  |  | $ | 136,527 |  |  | $ | 131,812 |  |  | $ | 128,802 |
Operating income | $ | 36,165 |  |  | $ | 40,229 |  |  | $ | 30,673 |  |  | $ | 34,843 |
Income (loss) from continuing operations | $ | 11,662 |  |  | $ | (232 | ) |  | $ | 10,974 |  |  | $ | 14,432 |
Discontinued operations | $ | 1,261 |  |  | $ | (4,502 | ) |  | $ | (12,974 | ) |  | $ | 71,907 |
Net income (loss) | $ | 15,277 |  |  | $ | (4,405 | ) |  | $ | (2,000 | ) |  | $ | 92,672 |
Net (income) loss attributable to noncontrolling interests | (257 | ) |  | (960 | ) |  | (964 | ) |  | (5,656 | )
Net income (loss) attributable to COPT | 15,020 |  |  | (5,365 | ) |  | (2,964 | ) |  | 87,016 |
Preferred share dividends | (6,106 | ) |  | (4,885 | ) |  | (4,490 | ) |  | (4,490 | )
Issuance costs associated with redeemed preferred shares | — |  |  | (2,904 | ) |  | — |  |  | — |
Net income (loss) attributable to COPT common shareholders | $ | 8,914 |  |  | $ | (13,154 | ) |  | $ | (7,454 | ) |  | $ | 82,526 |
Basic earnings per common share | $ | 0.11 |  |  | $ | (0.16 | ) |  | $ | (0.09 | ) |  | $ | 0.94 |
Diluted earnings per common share | $ | 0.11 |  |  | $ | (0.16 | ) |  | $ | (0.09 | ) |  | $ | 0.94 |
| For the Year Ended December 31, 2012
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
Revenues | $ | 127,359 |  |  | $ | 123,074 |  |  | $ | 125,067 |  |  | $ | 132,635 |
Operating income (loss) | $ | 34,651 |  |  | $ | 32,069 |  |  | $ | (10,844 | ) |  | $ | 33,190 |
Income (loss) from continuing operations | $ | 13,184 |  |  | $ | 10,336 |  |  | $ | (32,048 | ) |  | $ | 16,495 |
Discontinued operations | $ | (2,949 | ) |  | $ | 1,504 |  |  | $ | 11,283 |  |  | $ | 2,515 |
Net income (loss) | $ | 10,235 |  |  | $ | 11,861 |  |  | $ | (20,765 | ) |  | $ | 19,010 |
Net loss (income) attributable to noncontrolling interests | 60 |  |  | (556 | ) |  | 1,603 |  |  | (471 | )
Net income (loss) attributable to COPT | 10,295 |  |  | 11,305 |  |  | (19,162 | ) |  | 18,539 |
Preferred share dividends | (4,025 | ) |  | (4,167 | ) |  | (6,546 | ) |  | (6,106 | )
Issuance costs associated with redeemed preferred shares | — |  |  | — |  |  | (1,827 | ) |  | — |
Net income (loss) attributable to COPT common shareholders | $ | 6,270 |  |  | $ | 7,138 |  |  | $ | (27,535 | ) |  | $ | 12,433 |
Basic earnings per common share | $ | 0.09 |  |  | $ | 0.10 |  |  | $ | (0.39 | ) |  | $ | 0.16 |
Diluted earnings per common share | $ | 0.09 |  |  | $ | 0.10 |  |  | $ | (0.39 | ) |  | $ | 0.16 |
Corporate Office Properties, L.P. |
Quarterly Data [Line Items] |
Schedule of selected quarterly information | The tables below set forth selected quarterly information for the years ended December 31, 2013 and 2012 (in thousands, except per share data).
| For the Year Ended December 31, 2013
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
Revenues | $ | 126,219 |  |  | $ | 136,527 |  |  | $ | 131,812 |  |  | $ | 128,802 |
Operating income | $ | 36,165 |  |  | $ | 40,229 |  |  | $ | 30,673 |  |  | $ | 34,843 |
Income (loss) from continuing operations | $ | 11,662 |  |  | $ | (232 | ) |  | $ | 10,974 |  |  | $ | 14,432 |
Discontinued operations | $ | 1,261 |  |  | $ | (4,502 | ) |  | $ | (12,974 | ) |  | $ | 71,907 |
Net income (loss) | $ | 15,277 |  |  | $ | (4,405 | ) |  | $ | (2,000 | ) |  | $ | 92,672 |
Net loss (income) attributable to noncontrolling interests | 336 |  |  | (1,473 | ) |  | (1,035 | ) |  | (1,735 | )
Net income (loss) attributable to COPLP | 15,613 |  |  | (5,878 | ) |  | (3,035 | ) |  | 90,937 |
Preferred unit distributions | (6,271 | ) |  | (5,050 | ) |  | (4,655 | ) |  | (4,655 | )
Issuance costs associated with redeemed preferred units | — |  |  | (2,904 | ) |  | — |  |  | — |
Net income (loss) attributable to COPLP common unitholders | $ | 9,342 |  |  | $ | (13,832 | ) |  | $ | (7,690 | ) |  | $ | 86,282 |
Basic earnings per common unit | $ | 0.11 |  |  | $ | (0.16 | ) |  | $ | (0.09 | ) |  | $ | 0.94 |
Diluted earnings per common unit | $ | 0.11 |  |  | $ | (0.16 | ) |  | $ | (0.09 | ) |  | $ | 0.94 |
| For the Year Ended December 31, 2012
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
Revenues | $ | 127,359 |  |  | $ | 123,074 |  |  | $ | 125,067 |  |  | $ | 132,635 |
Operating income (loss) | $ | 34,651 |  |  | $ | 32,069 |  |  | $ | (10,844 | ) |  | $ | 33,190 |
Income (loss) from continuing operations | $ | 13,184 |  |  | $ | 10,336 |  |  | $ | (32,048 | ) |  | $ | 16,495 |
Discontinued operations | $ | (2,949 | ) |  | $ | 1,504 |  |  | $ | 11,283 |  |  | $ | 2,515 |
Net income (loss) | $ | 10,235 |  |  | $ | 11,861 |  |  | $ | (20,765 | ) |  | $ | 19,010 |
Net loss (income) attributable to noncontrolling interests | 570 |  |  | 1 |  |  | (404 | ) |  | 340 |
Net income (loss) attributable to COPLP | 10,805 |  |  | 11,862 |  |  | (21,169 | ) |  | 19,350 |
Preferred unit distributions | (4,190 | ) |  | (4,332 | ) |  | (6,711 | ) |  | (6,271 | )
Issuance costs associated with redeemed preferred units | — |  |  | — |  |  | (1,827 | ) |  | — |
Net income (loss) attributable to COPLP common unitholders | $ | 6,615 |  |  | $ | 7,530 |  |  | $ | (29,707 | ) |  | $ | 13,079 |
Basic earnings per common unit | $ | 0.09 |  |  | $ | 0.10 |  |  | $ | (0.39 | ) |  | $ | 0.16 |
Diluted earnings per common unit | $ | 0.09 |  |  | $ | 0.10 |  |  | $ | (0.39 | ) |  | $ | 0.16 |

X
- Details
Name: | ofc_QuarterlyDataLineItems
Namespace Prefix: | ofc_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=25249566&loc=d3e1280-108306 + Details
Name: | us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration