XML 57 R40.htm IDEA: XBRL DOCUMENT v3.22.0.1

Prepaid Expenses and Other Assets, Net (Tables)

12 Months Ended

Dec. 31, 2021

Prepaid Expense and Other Assets [Abstract]

Schedule of prepaid expenses and other assets

Prepaid expenses and other assets, net consisted of the following (in thousands):

 

			December 31,
			2021						2020
Lease incentives, net			$	51,486					$	35,642
Construction contract costs in excess of billings, net			22,384						10,343
Prepaid expenses			20,058						19,690
Furniture, fixtures and equipment, net			9,599						10,433
Net investment in sales-type leases			6,194						6,573
Non-real estate equity investments			5,544						5,509
Restricted cash			4,054						3,664
Marketable securities in deferred compensation plan			2,556						3,027
Deferred tax asset, net			1,841						1,989
Deferred financing costs, net (1)			1,314						2,439
Other assets			5,708						5,274
Prepaid expenses and other assets, net			$	130,738					$	104,583

(1)Represents deferred costs, net of accumulated amortization, attributable to our Revolving Credit Facility and interest rate derivatives.

Schedule of tax effects of temporary differences and carry forwards in net deferred tax assets

Deferred tax asset, net reported above includes the following tax effects of temporary differences and carry forwards of our TRS (in thousands):

			December 31,
			2021						2020
Operating loss carry forward			$	1,835					$	2,087
Property			30						103
Valuation allowance			(24)						(201)
Deferred tax asset, net			$	1,841					$	1,989

X

- Definition

Tabular disclosure of the carrying amounts of prepaid expenses and other assets, by major class.

+ References

No definition available.

+ Details

Name:	ofc_ScheduleOfPrepaidAndOtherAssetsTableTextBlock
Namespace Prefix:	ofc_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_PrepaidExpenseAndOtherAssetsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration