XML 120 R99.htm IDEA: XBRL DOCUMENT v3.20.4
Earnings Per Share ("EPS") and Earnings Per Unit (“EPU”) (Basic and Diluted Calculation) (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Numerator:      
Net income attributable to COPT/COPLP $ 97,374 $ 191,692 $ 72,301
Income attributable to share-based compensation awards (431) (656) (462)
Numerator for basic EPS/EPU on net income attributable to COPT/COPLP common share/unitholders 96,943 191,036 71,839
Redeemable noncontrolling interests 0 132 0
Income attributable to share-based compensation awards 27 33 0
Numerator for diluted EPS/EPU on net income attributable to COPT/COPLP common share/unitholders $ 96,970 $ 191,201 $ 71,839
Denominator (all weighted averages):      
Denominator for basic EPS/EPU (common shares/units) 111,788 111,196 103,946
Dilutive effect of redeemable noncontrolling interests (common shares/units) 0 119 0
Dilutive effect of share-based compensation awards (common shares/units) 288 308 134
Dilutive effect of forward equity sale agreements (common shares/units) 0 0 45
Denominator for diluted EPS/EPU (common shares/units) 112,076 111,623 104,125
Basic EPS/EPU (in dollars per share) [1] $ 0.87 $ 1.72 $ 0.69
Diluted EPS/EPU (in dollars per share) [1] $ 0.87 $ 1.71 $ 0.69
Corporate Office Properties, L.P      
Numerator:      
Net income attributable to COPT/COPLP $ 98,854 $ 194,619 $ 74,703
Preferred share/ unit dividends/ distributions (300) (564) (660)
Income attributable to share-based compensation awards (511) (785) (462)
Numerator for basic EPS/EPU on net income attributable to COPT/COPLP common share/unitholders 98,043 193,270 73,581
Redeemable noncontrolling interests 0 132 0
Income attributable to share-based compensation awards 0 33 0
Numerator for diluted EPS/EPU on net income attributable to COPT/COPLP common share/unitholders $ 98,043 $ 193,435 $ 73,581
Denominator (all weighted averages):      
Denominator for basic EPS/EPU (common shares/units) 113,024 112,495 106,414
Dilutive effect of redeemable noncontrolling interests (common shares/units) 0 119 0
Dilutive effect of share-based compensation awards (common shares/units) 288 308 134
Dilutive effect of forward equity sale agreements (common shares/units) 0 0 45
Denominator for diluted EPS/EPU (common shares/units) 113,312 112,922 106,593
Basic EPS/EPU (in dollars per share) [2] $ 0.87 $ 1.72 $ 0.69
Diluted EPS/EPU (in dollars per share) [2] $ 0.87 $ 1.71 $ 0.69
[1] Basic and diluted earnings per common share are calculated based on amounts attributable to common shareholders of Corporate Office Properties Trust.
[2] Basic and diluted earnings per common unit are calculated based on amounts attributable to common unitholders of Corporate Office Properties, L.P.