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v3.23.1

Information by Business Segment - Reconciliation of NOI from Real Estate Operations and NOI from Service Operations (Details) - USD ($) $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2023 | Mar. 31, 2022
Segment financial information for real estate operations |  |
Depreciation and other amortization associated with real estate operations | $ (36,995) | $ (34,264)
General, administrative and leasing expenses | (9,995) | (8,544)
Business development expenses and land carry costs | (495) | (783)
Interest expense | (16,442) | (14,424)
Interest and other income | 2,323 | 1,893
Credit loss (expense) recoveries | (67) | 316
Gain on sales of real estate | 49,378 | 15
Loss on early extinguishment of debt | 0 | (342)
Equity in (loss) income of unconsolidated entities | (64) | 888
UJV NOI allocable to COPT included in equity in (loss) income of unconsolidated entities | (1,642) | (1,080)
Income tax expense | (125) | (153)
Revenues from real estate operations from discontinued operations | 0 | (1,980)
Property operating expenses from discontinued operations | 0 | 971
Income from continuing operations | 80,398 | 31,251
Real estate operations |  |
Segment financial information for real estate operations |  |
NOI from real estate operations | 93,903 | 87,188
UJV NOI allocable to COPT included in equity in (loss) income of unconsolidated entities | (1,642) | (1,080)
Property operating expenses from discontinued operations | 0 | 971
Service operations |  |
Segment financial information for real estate operations |  |
NOI from service operations | $ 619 | $ 1,550

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- Definition Costs incurred for business development, which involves the development of products and services, their delivery, design and their implementation. Business development includes a number of techniques designed to grow an economic enterprise. It includes the non capitalized cost of evaluating and executing acquisitions. It also includes expenses incurred in connection with properties not in operations. + References No definition available. + Details
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- Definition The current period expense charged against earnings on long-lived, physical real estate operations assets, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset or deferred costs associated with real estate operations over the benefit period of such asset or costs; or to reflect consumption during the period of an asset that is not used in production. + References No definition available. + Details
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