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Earnings Per Share ("EPS") (Tables)

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

Summary of calculation of numerator and denominator in basic and diluted earnings per share

Summaries of the numerator and denominator for purposes of basic and diluted EPS calculations are set forth below (in thousands, except per share data):

						For the Years Ended December 31,
						2022						2021						2020
Numerator:
Income from continuing operations						$	149,249					$	78,220					$	100,601
Income from continuing operations attributable to noncontrolling interests						(5,372)						(4,994)						(5,477)
Income from continuing operations attributable to share-based compensation awards for basic EPS						(451)						(467)						(433)
Numerator for basic EPS from continuing operations attributable to COPT common shareholders						$	143,426					$	72,759					$	94,691
Redeemable noncontrolling interests						(169)						(128)						—
Adjustment to income from continuing operations attributable to share-based compensation awards for diluted EPS						78						44						27
Numerator for diluted EPS from continuing operations attributable to COPT common shareholders						$	143,335					$	72,675					$	94,718
Discontinued operations						29,573						3,358						2,277
Discontinued operations attributable to noncontrolling interests						(421)						(43)						(27)
Income from discontinued operations attributable to share-based compensation awards for diluted EPS						(90)						6						2
Numerator for diluted EPS on net income attributable to COPT common shareholders						$	172,397					$	75,996					$	96,970
Denominator (all weighted averages):
Denominator for basic EPS (common shares)						112,073						111,960						111,788
Dilutive effect of redeemable noncontrolling interests						116						128						—
Dilutive effect of share-based compensation awards						431						330						288
Denominator for diluted EPS (common shares)						112,620						112,418						112,076
Basic EPS:
Income from continuing operations attributable to COPT common shareholders						$	1.28					$	0.65					$	0.85
Discontinued operations attributable to COPT common shareholders						0.26						0.03						0.02
Net income attributable to COPT common shareholders						$	1.54					$	0.68					$	0.87
Diluted EPS:
Income from continuing operations attributable to COPT common shareholders						$	1.27					$	0.65					$	0.85
Discontinued operations attributable to COPT common shareholders						0.26						0.03						0.02
Net income attributable to COPT common shareholders						$	1.53					$	0.68					$	0.87

Schedule of securities excluded from computation of diluted earnings per share

Our diluted EPS computations do not include the effects of the following securities since the conversions of such securities would increase diluted EPS for the respective periods (in thousands):

						Weighted Average Shares Excluded from Denominator for the Years Ended December 31,
						2022						2021						2020
Conversion of common units						1,454						1,257						1,236
Conversion of redeemable noncontrolling interests						866						804						957
Conversion of Series I Preferred Units						—						—						171

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- References

No definition available.

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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