XML 49 R38.htm IDEA: XBRL DOCUMENT
v3.23.2

Share-Based Compensation (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Share-Based Payment Arrangement [Abstract] |
Summary of restricted share and TB-PIU transactions under the entity's share-based compensation plans | The following table summarizes restricted share activity under our share-based compensation plans for the six months ended June 30, 2023:
|  | Number of Shares |  | Weighted Average Grant Date Fair Value
Unvested as of December 31, 2022 |  | 325,083 |  |  | $ | 26.27 |
Granted |  | 188,311 |  |  | $ | 25.30 |
Forfeited |  | (28,224) |  |  | $ | 25.93 |
Vested |  | (141,616) |  |  | $ | 26.01 |
Unvested as of June 30, 2023 |  | 343,554 |  |  | $ | 25.87 |
The following table summarizes TB-PIUs activity under our share-based compensation plans for the six months ended June 30, 2023:
|  | Number of TB-PIUs |  | Weighted Average Grant Date Fair Value
Unvested as of December 31, 2022 |  | 187,330 |  |  | $ | 26.19 |
Granted |  | 100,426 |  |  | $ | 25.37 |
Forfeited |  | (27,182) |  |  | $ | 26.46 |
Vested |  | (89,633) |  |  | $ | 25.95 |
Unvested as of June 30, 2023 |  | 170,941 |  |  | $ | 25.79 |
Schedule of payouts for defined performance under PB-PIUs | The number of earned awards at the end of the performance period will be determined based on the percentile rank of COPT’s total shareholder return (“TSR”) relative to a peer group of companies, as set forth in the following schedule:
Percentile Rank |  | Earned PB-PIUs Payout %
75th or greater |  | 100% of PB-PIUs granted
50th (target) |  | 50% of PB-PIUs granted
25th |  | 25% of PB-PIUs granted
Below 25th |  | 0% of PB-PIUs granted

X
- Definition Schedule of payouts for defined performance under performance-based awards of share-based compensation + References No definition available. + Details
Name: | ofc_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardForDefinedPerformanceTableTextBlock
Namespace Prefix: | ofc_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration