2020 Q2 Form 10-Q Financial Statement

#000086054620000029 Filed on July 31, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2
Revenue $138.3M $175.1M
YoY Change -20.99% 19.3%
Cost Of Revenue $11.71M $41.00M
YoY Change -71.44% 142.03%
Gross Profit $126.6M $134.1M
YoY Change -5.56% 3.29%
Gross Profit Margin 91.53% 76.58%
Selling, General & Admin $8.158M $9.386M
YoY Change -13.08% 23.05%
% of Gross Profit 6.44% 7.0%
Research & Development $1.300M $900.0K
YoY Change 44.44% -25.0%
% of Gross Profit 1.03% 0.67%
Depreciation & Amortization $34.10M $35.30M
YoY Change -3.4% 4.75%
% of Gross Profit 26.93% 26.33%
Operating Expenses $8.158M $9.386M
YoY Change -13.08% 23.05%
Operating Profit $118.5M $124.7M
YoY Change -5.0% 225.51%
Interest Expense $16.80M -$16.20M
YoY Change -203.69% -5.26%
% of Operating Profit 14.18% -12.99%
Other Income/Expense, Net -$600.0K
YoY Change
Pretax Income $24.70M $109.0M
YoY Change -77.34% 424.51%
Income Tax $30.00K -$176.0K
% Of Pretax Income 0.12% -0.16%
Net Earnings $23.50M $106.8M
YoY Change -78.0% 449.51%
Net Earnings / Revenue 16.99% 61.0%
Basic Earnings Per Share $0.21 $0.95
Diluted Earnings Per Share $0.21 $0.95
COMMON SHARES
Basic Shares Outstanding 111.8M shares 111.6M shares
Diluted Shares Outstanding 112.1M shares 113.1M shares

Balance Sheet

Concept 2020 Q2 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $21.60M $46.30M
YoY Change -53.35% 444.71%
Cash & Equivalents $21.60M $46.28M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $54.40M
Prepaid Expenses
Receivables $30.40M $58.20M
Other Receivables $0.00 $0.00
Total Short-Term Assets $52.00M $158.9M
YoY Change -67.28% 113.58%
LONG-TERM ASSETS
Property, Plant & Equipment $3.594B $3.271B
YoY Change 9.88% 50945.73%
Goodwill
YoY Change
Intangibles $24.77M $31.16M
YoY Change -20.52% -38.4%
Long-Term Investments $59.70M $75.60M
YoY Change -21.03% 50.9%
Other Assets $74.90M $68.90M
YoY Change 8.71% 4.08%
Total Long-Term Assets $3.959B $3.645B
YoY Change 8.64% 3.01%
TOTAL ASSETS
Total Short-Term Assets $52.00M $158.9M
Total Long-Term Assets $3.959B $3.645B
Total Assets $4.011B $3.803B
YoY Change 5.46% 5.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $149.8M $152.2M
YoY Change -1.58% 71.2%
Accrued Expenses $20.80M $16.60M
YoY Change 25.3%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $14.10M
YoY Change
Total Short-Term Liabilities $246.5M $227.6M
YoY Change 8.3% 58.83%
LONG-TERM LIABILITIES
Long-Term Debt $1.999B $1.786B
YoY Change 11.93% -4.62%
Other Long-Term Liabilities $86.20M $41.30M
YoY Change 108.72% -35.47%
Total Long-Term Liabilities $2.085B $1.827B
YoY Change 14.12% -5.64%
TOTAL LIABILITIES
Total Short-Term Liabilities $246.5M $227.6M
Total Long-Term Liabilities $2.085B $1.827B
Total Liabilities $2.331B $2.055B
YoY Change 13.47% -1.19%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $1.122M $1.119M
YoY Change 0.27% 8.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.617B $1.672B
YoY Change
Total Liabilities & Shareholders Equity $4.011B $3.803B
YoY Change 5.46% 5.29%

Cashflow Statement

Concept 2020 Q2 2019 Q2
OPERATING ACTIVITIES
Net Income $23.50M $106.8M
YoY Change -78.0% 449.51%
Depreciation, Depletion And Amortization $34.10M $35.30M
YoY Change -3.4% 4.75%
Cash From Operating Activities $74.30M $57.10M
YoY Change 30.12% 4.77%
INVESTING ACTIVITIES
Capital Expenditures -$104.7M -$127.2M
YoY Change -17.69% 102.23%
Acquisitions
YoY Change
Other Investing Activities -$8.100M $234.8M
YoY Change -103.45% 25988.89%
Cash From Investing Activities -$112.8M $107.6M
YoY Change -204.83% -273.55%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -98.50M -125.7M
YoY Change -21.64% -1776.0%
NET CHANGE
Cash From Operating Activities 74.30M 57.10M
Cash From Investing Activities -112.8M 107.6M
Cash From Financing Activities -98.50M -125.7M
Net Change In Cash -137.0M 39.00M
YoY Change -451.28% 4187593113600010000.0%
FREE CASH FLOW
Cash From Operating Activities $74.30M $57.10M
Capital Expenditures -$104.7M -$127.2M
Free Cash Flow $179.0M $184.3M
YoY Change -2.88% 56.98%

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us-gaap Noncontrolling Interest In Net Income Loss Preferred Unit Holders Nonredeemable
NoncontrollingInterestInNetIncomeLossPreferredUnitHoldersNonredeemable
154000 USD
us-gaap Noncontrolling Interest In Net Income Loss Preferred Unit Holders Nonredeemable
NoncontrollingInterestInNetIncomeLossPreferredUnitHoldersNonredeemable
330000 USD
CY2020Q2 ofc Minority Interest In Net Income Loss Other Including Joint Ventures Minority Interests
MinorityInterestInNetIncomeLossOtherIncludingJointVenturesMinorityInterests
1263000 USD
CY2019Q2 ofc Minority Interest In Net Income Loss Other Including Joint Ventures Minority Interests
MinorityInterestInNetIncomeLossOtherIncludingJointVenturesMinorityInterests
1268000 USD
ofc Minority Interest In Net Income Loss Other Including Joint Ventures Minority Interests
MinorityInterestInNetIncomeLossOtherIncludingJointVenturesMinorityInterests
2395000 USD
ofc Minority Interest In Net Income Loss Other Including Joint Ventures Minority Interests
MinorityInterestInNetIncomeLossOtherIncludingJointVenturesMinorityInterests
2305000 USD
CY2020Q2 ofc Net Income Loss Available To Common Stockholders Including Participating Securities
NetIncomeLossAvailableToCommonStockholdersIncludingParticipatingSecurities
23497000 USD
CY2019Q2 ofc Net Income Loss Available To Common Stockholders Including Participating Securities
NetIncomeLossAvailableToCommonStockholdersIncludingParticipatingSecurities
106791000 USD
ofc Net Income Loss Available To Common Stockholders Including Participating Securities
NetIncomeLossAvailableToCommonStockholdersIncludingParticipatingSecurities
47551000 USD
ofc Net Income Loss Available To Common Stockholders Including Participating Securities
NetIncomeLossAvailableToCommonStockholdersIncludingParticipatingSecurities
127650000 USD
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.21
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.95
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.15
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.21
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.95
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.42
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.15
CY2020Q2 us-gaap Profit Loss
ProfitLoss
25121000 USD
CY2019Q2 us-gaap Profit Loss
ProfitLoss
109563000 USD
us-gaap Profit Loss
ProfitLoss
50671000 USD
us-gaap Profit Loss
ProfitLoss
131881000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-3315000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-13545000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-41020000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-22390000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-935000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
557000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-1066000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
1127000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2380000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-14102000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-39954000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-23517000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
22741000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
95461000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
10717000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
108364000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1556000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
2597000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
2235000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
3941000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
21185000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
92864000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
8482000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
104423000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1656178000 USD
CY2019Q2 us-gaap Partners Capital Account Redemptions
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1000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1833000 USD
CY2019Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
103000 USD
CY2019Q2 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
0 USD
CY2019Q2 ofc Comprehensive Income Loss Net Of Tax After Redeemable Noncontrolling Interest Adjustments
ComprehensiveIncomeLossNetOfTaxAfterRedeemableNoncontrollingInterestAdjustments
94592000 USD
CY2019Q2 us-gaap Dividends
Dividends
30755000 USD
CY2019Q2 ofc Minority Interest Decrease From Distributions To Operating Partnership Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToOperatingPartnershipNoncontrollingInterestHolders
553000 USD
CY2019Q2 ofc Minority Interest Decrease From Distributions Including Joint Ventures
MinorityInterestDecreaseFromDistributionsIncludingJointVentures
4000 USD
CY2019Q2 ofc Adjustmentto Equityto Arriveat Fair Valueof Redeemable Noncontrolling Interest
AdjustmenttoEquitytoArriveatFairValueofRedeemableNoncontrollingInterest
-2076000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1719111000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1665186000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1736000 USD
CY2020Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
80000 USD
CY2020Q2 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
0 USD
CY2020Q2 ofc Comprehensive Income Loss Net Of Tax After Redeemable Noncontrolling Interest Adjustments
ComprehensiveIncomeLossNetOfTaxAfterRedeemableNoncontrollingInterestAdjustments
21624000 USD
CY2020Q2 us-gaap Dividends
Dividends
30856000 USD
CY2020Q2 ofc Minority Interest Decrease From Distributions To Operating Partnership Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToOperatingPartnershipNoncontrollingInterestHolders
442000 USD
CY2020Q2 ofc Minority Interest Decrease From Distributions Including Joint Ventures
MinorityInterestDecreaseFromDistributionsIncludingJointVentures
8000 USD
CY2020Q2 ofc Adjustmentto Equityto Arriveat Fair Valueof Redeemable Noncontrolling Interest
AdjustmenttoEquitytoArriveatFairValueofRedeemableNoncontrollingInterest
-236000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1656924000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1627048000 USD
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
us-gaap Partners Capital Account Redemptions
PartnersCapitalAccountRedemptions
1000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3635000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
1920000 USD
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
0 USD
ofc Comprehensive Income Loss Net Of Tax After Redeemable Noncontrolling Interest Adjustments
ComprehensiveIncomeLossNetOfTaxAfterRedeemableNoncontrollingInterestAdjustments
106820000 USD
us-gaap Dividends
Dividends
61509000 USD
ofc Minority Interest Decrease From Distributions To Operating Partnership Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToOperatingPartnershipNoncontrollingInterestHolders
1103000 USD
ofc Minority Interest Increase From Contributions Including Joint Ventures
MinorityInterestIncreaseFromContributionsIncludingJointVentures
2570000 USD
ofc Minority Interest Decrease From Distributions Including Joint Ventures
MinorityInterestDecreaseFromDistributionsIncludingJointVentures
8000 USD
ofc Adjustmentto Equityto Arriveat Fair Valueof Redeemable Noncontrolling Interest
AdjustmenttoEquitytoArriveatFairValueofRedeemableNoncontrollingInterest
-2875000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1719111000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1719245000 USD
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2946000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
1572000 USD
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
0 USD
ofc Comprehensive Income Loss Net Of Tax After Redeemable Noncontrolling Interest Adjustments
ComprehensiveIncomeLossNetOfTaxAfterRedeemableNoncontrollingInterestAdjustments
8642000 USD
us-gaap Dividends
Dividends
61694000 USD
ofc Minority Interest Decrease From Distributions To Operating Partnership Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToOperatingPartnershipNoncontrollingInterestHolders
862000 USD
ofc Minority Interest Increase From Contributions Including Joint Ventures
MinorityInterestIncreaseFromContributionsIncludingJointVentures
112000 USD
ofc Minority Interest Decrease From Distributions Including Joint Ventures
MinorityInterestDecreaseFromDistributionsIncludingJointVentures
15000 USD
ofc Adjustmentto Equityto Arriveat Fair Valueof Redeemable Noncontrolling Interest
AdjustmenttoEquitytoArriveatFairValueofRedeemableNoncontrollingInterest
-4337000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1656924000 USD
ofc Revenues From Real Estate Operations Received
RevenuesFromRealEstateOperationsReceived
265833000 USD
ofc Revenues From Real Estate Operations Received
RevenuesFromRealEstateOperationsReceived
257832000 USD
ofc Construction Contract And Other Service Revenues Received
ConstructionContractAndOtherServiceRevenuesReceived
42149000 USD
ofc Construction Contract And Other Service Revenues Received
ConstructionContractAndOtherServiceRevenuesReceived
21449000 USD
ofc Property Operating Expenses Paid
PropertyOperatingExpensesPaid
86934000 USD
ofc Property Operating Expenses Paid
PropertyOperatingExpensesPaid
83305000 USD
ofc Construction Contract And Other Service Expenses Paid
ConstructionContractAndOtherServiceExpensesPaid
32107000 USD
ofc Construction Contract And Other Service Expenses Paid
ConstructionContractAndOtherServiceExpensesPaid
31157000 USD
ofc Generaland Administrative Leasing Business Developmentand Land Carry Paid
GeneralandAdministrativeLeasingBusinessDevelopmentandLandCarryPaid
16969000 USD
ofc Generaland Administrative Leasing Business Developmentand Land Carry Paid
GeneralandAdministrativeLeasingBusinessDevelopmentandLandCarryPaid
16541000 USD
us-gaap Interest Paid Net
InterestPaidNet
31581000 USD
us-gaap Interest Paid Net
InterestPaidNet
34896000 USD
ofc Paymentsof Lease Incentives
PaymentsofLeaseIncentives
5611000 USD
ofc Paymentsof Lease Incentives
PaymentsofLeaseIncentives
3228000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
1757000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
1661000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
136537000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
111815000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
185357000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
219633000 USD
us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
16489000 USD
us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
7585000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
11576000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
8920000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
129783000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
0 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
107517000 USD
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
0 USD
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
11104000 USD
us-gaap Payments For Leasing Costs
PaymentsForLeasingCosts
8424000 USD
us-gaap Payments For Leasing Costs
PaymentsForLeasingCosts
7632000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
5442000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-3944000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-227288000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-13630000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
251000000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
258000000 USD
us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
189359000 USD
us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
10606000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
259000000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
308000000 USD
ofc Scheduled Principal Amortization Repayments Of Long Term Debt
ScheduledPrincipalAmortizationRepaymentsOfLongTermDebt
2044000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
67075000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
70527000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1993000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1801000 USD
us-gaap Straight Line Rent
StraightLineRent
1070000 USD
us-gaap Straight Line Rent
StraightLineRent
2419000 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
5000 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
84469000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
3027000 USD
us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
29507000 USD
ofc Increase Decrease In Advance Rent And Security Deposit Liability
IncreaseDecreaseInAdvanceRentAndSecurityDepositLiability
-3161000 USD
ofc Increase Decrease In Advance Rent And Security Deposit Liability
IncreaseDecreaseInAdvanceRentAndSecurityDepositLiability
-2602000 USD
ofc Scheduled Principal Amortization Repayments Of Long Term Debt
ScheduledPrincipalAmortizationRepaymentsOfLongTermDebt
2193000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1261000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
46415000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
61667000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
61040000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
863000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
1115000 USD
ofc Paymentsof Distributions Redeemable Noncontrolling Interest
PaymentsofDistributionsRedeemableNoncontrollingInterest
12662000 USD
ofc Paymentsof Distributions Redeemable Noncontrolling Interest
PaymentsofDistributionsRedeemableNoncontrollingInterest
687000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1572000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1920000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2803000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
533000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
98487000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-59401000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
7736000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
38784000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18130000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11950000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
25866000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
50734000 USD
us-gaap Profit Loss
ProfitLoss
50671000 USD
us-gaap Profit Loss
ProfitLoss
131881000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
3283000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1263000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
2996000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-5039000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
31846000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-23202000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
852000 USD
us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
-8971000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
25866000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
50734000 USD
ofc Increase Decrease In Accrued Capital Improvements Leasing And Other Investing Activity Costs
IncreaseDecreaseInAccruedCapitalImprovementsLeasingAndOtherInvestingActivityCosts
12940000 USD
ofc Increase Decrease In Accrued Capital Improvements Leasing And Other Investing Activity Costs
IncreaseDecreaseInAccruedCapitalImprovementsLeasingAndOtherInvestingActivityCosts
29862000 USD
ofc Rightof Use Asset Contributed By Noncontrolling Interest
RightofUseAssetContributedByNoncontrollingInterest
0 USD
ofc Rightof Use Asset Contributed By Noncontrolling Interest
RightofUseAssetContributedByNoncontrollingInterest
2570000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3381000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
136537000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
111815000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
255000 USD
ofc Noncashor Part Noncash Disposition Decreasein Propertyin Connection With Partial Saleof Properties Net
NoncashorPartNoncashDispositionDecreaseinPropertyinConnectionWithPartialSaleofPropertiesNet
0 USD
ofc Noncashor Part Noncash Disposition Decreasein Propertyin Connection With Partial Saleof Properties Net
NoncashorPartNoncashDispositionDecreaseinPropertyinConnectionWithPartialSaleofPropertiesNet
99288000 USD
ofc Increasein Investmentin Unconsolidated Real Estate Joint Venturein Connection With Partial Saleof Properties
IncreaseinInvestmentinUnconsolidatedRealEstateJointVentureinConnectionWithPartialSaleofProperties
0 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
14733000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
8066000 USD
CY2019Q4 us-gaap Restricted Cash
RestrictedCash
3397000 USD
CY2018Q4 us-gaap Restricted Cash
RestrictedCash
3884000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18130000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11950000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
21596000 USD
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
46282000 USD
CY2020Q2 us-gaap Restricted Cash
RestrictedCash
4270000 USD
CY2019Q2 us-gaap Restricted Cash
RestrictedCash
4452000 USD
ofc Increasein Investmentin Unconsolidated Real Estate Joint Venturein Connection With Partial Saleof Properties
IncreaseinInvestmentinUnconsolidatedRealEstateJointVentureinConnectionWithPartialSaleofProperties
26500000 USD
ofc Increase Decrease In Fair Value Of Derivatives Applied To Aocl And Noncontrolling Interests
IncreaseDecreaseInFairValueOfDerivativesAppliedToAoclAndNoncontrollingInterests
-39953000 USD
ofc Increase Decrease In Fair Value Of Derivatives Applied To Aocl And Noncontrolling Interests
IncreaseDecreaseInFairValueOfDerivativesAppliedToAoclAndNoncontrollingInterests
-23585000 USD
CY2020Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
31302000 USD
CY2019Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
31346000 USD
ofc Equity Change Stock Issued During Period Value Conversion Of Units
EquityChangeStockIssuedDuringPeriodValueConversionOfUnits
182000 USD
ofc Equity Change Stock Issued During Period Value Conversion Of Units
EquityChangeStockIssuedDuringPeriodValueConversionOfUnits
80000 USD
ofc Equity Change Adjustments To Additional Paid In Capital Reallocation Of Minority Interest
EquityChangeAdjustmentsToAdditionalPaidInCapitalReallocationOfMinorityInterest
25000 USD
ofc Equity Change Adjustments To Additional Paid In Capital Reallocation Of Minority Interest
EquityChangeAdjustmentsToAdditionalPaidInCapitalReallocationOfMinorityInterest
834000 USD
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
4337000 USD
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
2875000 USD
us-gaap Nature Of Operations
NatureOfOperations
Organization<div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Corporate Office Properties Trust (“COPT”) and subsidiaries (collectively, the “Company”) is a fully-integrated and self-managed real estate investment trust (“REIT”). Corporate Office Properties, L.P. (“COPLP”) and subsidiaries (collectively, the “Operating Partnership”) is the entity through which COPT, the sole general partner of COPLP, conducts almost all of its operations and owns almost all of its assets. Unless otherwise expressly stated or the context otherwise requires, “we”, “us” and “our” as used herein refer to each of the Company and the Operating Partnership. We own, manage, lease, develop and selectively acquire office and data center properties. The majority of our portfolio is in locations that support the United States Government (“USG”) and its contractors, most of whom are engaged in national security, defense and information technology (“IT”) related activities servicing what we believe are growing, durable, priority missions (“Defense/IT Locations”). We also own a portfolio of office properties located in select urban/urban-like submarkets in the Greater Washington, DC/Baltimore region with durable Class-A office fundamentals and characteristics (“Regional Office”). As of </span><span style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June 30, 2020</span><span style="font-family:inherit;font-size:10pt;">, our properties included the following:</span></div><div style="line-height:120%;padding-left:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>174</span></span><span style="font-family:inherit;font-size:10pt;"> properties totaling </span><span style="font-family:inherit;font-size:10pt;"><span>19.8 million</span></span><span style="font-family:inherit;font-size:10pt;"> square feet comprised of </span><span style="font-family:inherit;font-size:10pt;"><span>15.6 million</span></span><span style="font-family:inherit;font-size:10pt;"> square feet in </span><span style="font-family:inherit;font-size:10pt;"><span>150</span></span><span style="font-family:inherit;font-size:10pt;"> office properties and </span><span style="font-family:inherit;font-size:10pt;"><span>4.2 million</span></span><span style="font-family:inherit;font-size:10pt;"> square feet in </span><span style="font-family:inherit;font-size:10pt;"><span>24</span></span><span style="font-family:inherit;font-size:10pt;"> single-tenant data center shell properties (“data center shells”). We owned </span><span style="font-family:inherit;font-size:10pt;"><span>15</span></span><span style="font-family:inherit;font-size:10pt;"> of these data center shells through unconsolidated real estate joint ventures;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">a wholesale data center with a critical load of </span><span style="font-family:inherit;font-size:10pt;"><span>19.25</span></span><span style="font-family:inherit;font-size:10pt;"> megawatts;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>11</span></span><span style="font-family:inherit;font-size:10pt;"> properties under development (</span><span style="font-family:inherit;font-size:10pt;"><span>nine</span></span><span style="font-family:inherit;font-size:10pt;"> office properties and </span><span style="font-family:inherit;font-size:10pt;"><span>two</span></span><span style="font-family:inherit;font-size:10pt;"> data center shells), including </span><span style="font-family:inherit;font-size:10pt;"><span>one</span></span><span style="font-family:inherit;font-size:10pt;"> partially-operational property, and expansions of </span><span style="font-family:inherit;font-size:10pt;"><span>three</span></span><span style="font-family:inherit;font-size:10pt;"> fully-operational properties that we estimate will total approximately </span><span style="font-family:inherit;font-size:10pt;"><span>1.9 million</span></span><span style="font-family:inherit;font-size:10pt;"> square feet upon completion; and</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">approximately </span><span style="font-family:inherit;font-size:10pt;"><span>900</span></span><span style="font-family:inherit;font-size:10pt;"> acres of land controlled for future development that we believe could be developed into approximately </span><span style="font-family:inherit;font-size:10pt;"><span>11.5 million</span></span><span style="font-family:inherit;font-size:10pt;"> square feet and </span><span style="font-family:inherit;font-size:10pt;"><span>43</span></span><span style="font-family:inherit;font-size:10pt;"> acres of other land.</span></div></td></tr></table><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">COPLP owns real estate directly and through subsidiary partnerships and limited liability companies (“LLCs”).  In addition to owning real estate, COPLP also owns subsidiaries that provide real estate services such as property management, development and construction services primarily for our properties but also for third parties. Some of these services are performed by a taxable REIT subsidiary (“TRS”).</span></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Equity interests in COPLP are in the form of common and preferred units. As of </span><span style="font-family:inherit;font-size:10pt;">June 30, 2020</span><span style="font-family:inherit;font-size:10pt;">, COPT owned </span><span style="font-family:inherit;font-size:10pt;"><span>98.6%</span></span><span style="font-family:inherit;font-size:10pt;"> of the outstanding COPLP common units (“common units”); the remaining common units and all of the outstanding COPLP preferred units (“preferred units”) were owned by third parties. Common units not owned by COPT carry certain redemption rights. The number of common units owned by COPT is equivalent to the number of outstanding common shares of beneficial interest (“common shares”) of COPT, and the entitlement of common units to quarterly distributions and payments in liquidation is substantially the same as that of COPT common shareholders. In the case of any series of preferred units held by COPT, there would be a series of preferred shares of beneficial interest (“preferred shares”) in COPT that is equivalent in number and carries substantially the same terms as such series of COPLP preferred units. </span></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">COPT’s common shares are publicly traded on the New York Stock Exchange (“NYSE”) under the ticker symbol “OFC”. </span></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Because COPLP is managed by COPT, and COPT conducts substantially all of its operations through COPLP, we refer to COPT’s executive officers as COPLP’s executive officers; similarly, although COPLP does not have a board of trustees, we refer to COPT’s Board of Trustees as COPLP’s Board of Trustees.</span></div>
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1328000 USD
CY2020Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
14000 USD
CY2020Q2 ofc Lessee Lease Liability Payments Due Next Twelve Months
LesseeLeaseLiabilityPaymentsDueNextTwelveMonths
1342000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1138000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
14000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1162000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
14000 USD
CY2019Q4 ofc Lessee Lease Liability Payments Due Year Three
LesseeLeaseLiabilityPaymentsDueYearThree
1176000 USD
CY2020Q2 us-gaap Lease Cost
LeaseCost
454000 USD
CY2019Q2 us-gaap Lease Cost
LeaseCost
425000 USD
us-gaap Lease Cost
LeaseCost
894000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1358000 USD
CY2020Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
0 USD
CY2020Q2 ofc Lessee Lease Liability Payments Due Year Three
LesseeLeaseLiabilityPaymentsDueYearThree
1358000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1167000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 USD
CY2019Q4 ofc Lessee Lease Liability Payments Due Year Four
LesseeLeaseLiabilityPaymentsDueYearFour
1167000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1363000 USD
CY2020Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 USD
CY2020Q2 ofc Lessee Lease Liability Payments Due Year Four
LesseeLeaseLiabilityPaymentsDueYearFour
1363000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1173000 USD
us-gaap Lease Cost
LeaseCost
838000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
541000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
550000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
14000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
4000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0 USD
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassifications</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We reclassified certain amounts from prior periods to conform to the current period presentation of our consolidated financial statements with no effect on previously reported net income or equity.</span></div>
CY2019Q4 ofc Off Balance Sheet Credit Loss Exposure Allowancefor Credit Loss
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0 USD
CY2019Q4 ofc Credit Losses Financial Assetsand Other Instruments Allowancefor Credit Loss
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97000 USD
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1340000 USD
ofc Credit Losses Financial Assetsand Other Instruments Allowancefor Credit Loss Cumulative Effectof Changefor Adoptionof Credit Loss Guidance
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5541000 USD
ofc Off Balance Sheet Credit Loss Exposure Credit Loss Expense Reversal
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316000 USD
ofc Credit Losses Financial Assetsand Other Instruments Allowancefor Credit Loss Expense Reversal
CreditLossesFinancialAssetsandOtherInstrumentsAllowanceforCreditLossExpenseReversal
1304000 USD
CY2020Q2 ofc Off Balance Sheet Credit Loss Exposure Allowancefor Credit Loss
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1656000 USD
CY2020Q2 ofc Credit Losses Financial Assetsand Other Instruments Allowancefor Credit Loss
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6942000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
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636000 USD
CY2020Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
660000 USD
CY2020Q2 ofc Lessee Lease Liability Payments Remainderof Fiscal Year
LesseeLeaseLiabilityPaymentsRemainderofFiscalYear
1296000 USD
ofc Lessor Operating Lease Average Termof Contract
LessorOperatingLeaseAverageTermofContract
P5Y
CY2020Q2 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
103993000 USD
CY2019Q2 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
104193000 USD
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
208102000 USD
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
208837000 USD
CY2020Q2 us-gaap Operating Lease Variable Lease Income
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28154000 USD
CY2019Q2 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
27222000 USD
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
55057000 USD
us-gaap Operating Lease Variable Lease Income
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CY2019Q2 us-gaap Operating Lease Lease Income
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us-gaap Operating Lease Lease Income
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us-gaap Operating Lease Lease Income
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1092000 USD
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674000 USD
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1766000 USD
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LesseeLeaseLiabilityPaymentsDueYearFive
1173000 USD
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113780000 USD
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CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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100609000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due After Year Five
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0 USD
CY2019Q4 ofc Lessee Lease Liability Payments Dueafter Year Five
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100609000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
119817000 USD
CY2020Q2 us-gaap Finance Lease Liability Payments Due
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688000 USD
CY2020Q2 ofc Lessee Lease Liability Payments Due
LesseeLeaseLiabilityPaymentsDue
120505000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
106341000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
702000 USD
CY2019Q4 ofc Lessee Lease Liability Payments Due
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203627000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
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CY2020Q2 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
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372518000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
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336482000 USD
CY2020Q2 us-gaap Lessor Operating Lease Payments To Be Received Two Years
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335187000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
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299356000 USD
CY2020Q2 us-gaap Lessor Operating Lease Payments To Be Received Three Years
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281094000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
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245661000 USD
CY2020Q2 us-gaap Lessor Operating Lease Payments To Be Received Four Years
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231731000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
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195246000 USD
CY2020Q2 ofc Lessor Operating Lease Paymenttobe Receivedafter Year Four
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634608000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
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474741000 USD
CY2020Q2 us-gaap Lessor Operating Lease Payments To Be Received
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2058765000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received
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1939796000 USD
CY2020Q2 ofc Lessee Rightof Use Asset
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71500000 USD
CY2020Q2 us-gaap Operating Lease Right Of Use Asset
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CY2019Q4 us-gaap Operating Lease Right Of Use Asset
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40441000 USD
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CY2020Q2 ofc Lease Rightof Use Assets
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CY2019Q4 ofc Lease Rightof Use Assets
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CY2020Q2 us-gaap Operating Lease Liability
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17317000 USD
CY2020Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
688000 USD
CY2019Q4 us-gaap Finance Lease Liability
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702000 USD
CY2020Q2 ofc Lease Liabilities
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21484000 USD
CY2019Q4 ofc Lease Liabilities
LeaseLiabilities
18019000 USD
CY2020Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P65Y
CY2020Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.0722
CY2020Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
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0.0362
CY2019Q4 ofc Lessee Lease Liability Payments Due Year Two
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1152000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1352000 USD
CY2020Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
14000 USD
CY2020Q2 ofc Lessee Lease Liability Payments Due Year Two
LesseeLeaseLiabilityPaymentsDueYearTwo
1366000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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99021000 USD
CY2020Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
0 USD
CY2020Q2 ofc Lessee Lease Liability Imputed Interest
LesseeLeaseLiabilityImputedInterest
99021000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
89024000 USD
CY2019Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
0 USD
CY2019Q4 ofc Lessee Lease Liability Imputed Interest
LesseeLeaseLiabilityImputedInterest
89024000 USD
CY2020Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
20796000 USD
CY2020Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
688000 USD
CY2020Q2 ofc Lease Liabilities
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21484000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
17317000 USD
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
702000 USD
CY2019Q4 ofc Lease Liabilities
LeaseLiabilities
18019000 USD
CY2020Q2 us-gaap Deferred Compensation Plan Assets
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2532000 USD
CY2019Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
3060000 USD
CY2020Q2 us-gaap Prepaid Expense And Other Assets
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78059000 USD
CY2019Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
96076000 USD
CY2020Q2 us-gaap Long Term Debt
LongTermDebt
2012019000 USD
CY2019Q4 us-gaap Long Term Debt
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1831139000 USD
CY2020Q2 us-gaap Interest Costs Capitalized
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3200000 USD
CY2019Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
2400000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
6500000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
4400000 USD
CY2019Q2 us-gaap Redeemable Noncontrolling Interest Equity Fair Value
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29803000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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-3315000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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-13545000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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-41020000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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-22390000 USD
ofc Numberof Joint Ventures With Redeemable Noncontrolling Interests
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2 joint_venture
CY2019Q4 us-gaap Redeemable Noncontrolling Interest Equity Fair Value
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29431000 USD
CY2018Q4 us-gaap Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
26260000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
12695000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
876000 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
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2075000 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
1544000 USD
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
4337000 USD
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
2875000 USD
CY2020Q2 us-gaap Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
23148000 USD
us-gaap Stock Issued During Period Shares Conversion Of Units
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12009 shares
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.275
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.550
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12236000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
42299000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
25917000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
59249000 USD
CY2020Q2 us-gaap Revenues
Revenues
144774000 USD
CY2019Q2 us-gaap Revenues
Revenues
175070000 USD
us-gaap Revenues
Revenues
290571000 USD
us-gaap Revenues
Revenues
324010000 USD
CY2020Q2 ofc Unconsolidated Joint Venture Net Operating Income Allocableto Parent
UnconsolidatedJointVentureNetOperatingIncomeAllocabletoParent
1725000 USD
CY2019Q2 ofc Unconsolidated Joint Venture Net Operating Income Allocableto Parent
UnconsolidatedJointVentureNetOperatingIncomeAllocabletoParent
1251000 USD
ofc Unconsolidated Joint Venture Net Operating Income Allocableto Parent
UnconsolidatedJointVentureNetOperatingIncomeAllocabletoParent
3438000 USD
ofc Unconsolidated Joint Venture Net Operating Income Allocableto Parent
UnconsolidatedJointVentureNetOperatingIncomeAllocabletoParent
2470000 USD
CY2020Q2 ofc Income Lossfrom Equity Method Investments Allocableto Depreciation Amortizationand Interest Expense
IncomeLossfromEquityMethodInvestmentsAllocabletoDepreciationAmortizationandInterestExpense
1270000 USD
CY2019Q2 ofc Income Lossfrom Equity Method Investments Allocableto Depreciation Amortizationand Interest Expense
IncomeLossfromEquityMethodInvestmentsAllocabletoDepreciationAmortizationandInterestExpense
830000 USD
ofc Income Lossfrom Equity Method Investments Allocableto Depreciation Amortizationand Interest Expense
IncomeLossfromEquityMethodInvestmentsAllocabletoDepreciationAmortizationandInterestExpense
2540000 USD
ofc Income Lossfrom Equity Method Investments Allocableto Depreciation Amortizationand Interest Expense
IncomeLossfromEquityMethodInvestmentsAllocabletoDepreciationAmortizationandInterestExpense
1657000 USD
CY2020Q2 ofc Income Lossin Non Real Estate Equity Method Investments
IncomeLossinNonRealEstateEquityMethodInvestments
-1000 USD
CY2019Q2 ofc Income Lossin Non Real Estate Equity Method Investments
IncomeLossinNonRealEstateEquityMethodInvestments
-1000 USD
ofc Income Lossin Non Real Estate Equity Method Investments
IncomeLossinNonRealEstateEquityMethodInvestments
-3000 USD
ofc Income Lossin Non Real Estate Equity Method Investments
IncomeLossinNonRealEstateEquityMethodInvestments
-2000 USD
CY2020Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
454000 USD
CY2019Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
420000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
895000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
811000 USD
CY2019Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
9386000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
15644000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
18137000 USD
CY2020Q2 ofc Business Development Expenses And Land Carry Costs
BusinessDevelopmentExpensesAndLandCarryCosts
1262000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12236000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
42299000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
25917000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
59249000 USD
CY2020Q2 ofc Construction Contract And Other Service Expenses
ConstructionContractAndOtherServiceExpenses
11711000 USD
CY2019Q2 ofc Construction Contract And Other Service Expenses
ConstructionContractAndOtherServiceExpenses
41002000 USD
ofc Construction Contract And Other Service Expenses
ConstructionContractAndOtherServiceExpenses
24832000 USD
ofc Construction Contract And Other Service Expenses
ConstructionContractAndOtherServiceExpenses
57328000 USD
CY2020Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
2282000 USD
CY2019Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
1849000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
3487000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
4135000 USD
CY2020Q2 ofc Credit Losses Financial Assetsand Other Instruments Allowancefor Credit Loss Expense Reversal
CreditLossesFinancialAssetsandOtherInstrumentsAllowanceforCreditLossExpenseReversal
615000 USD
CY2019Q2 ofc Credit Losses Financial Assetsand Other Instruments Allowancefor Credit Loss Expense Reversal
CreditLossesFinancialAssetsandOtherInstrumentsAllowanceforCreditLossExpenseReversal
0 USD
ofc Credit Losses Financial Assetsand Other Instruments Allowancefor Credit Loss Expense Reversal
CreditLossesFinancialAssetsandOtherInstrumentsAllowanceforCreditLossExpenseReversal
1304000 USD
ofc Credit Losses Financial Assetsand Other Instruments Allowancefor Credit Loss Expense Reversal
CreditLossesFinancialAssetsandOtherInstrumentsAllowanceforCreditLossExpenseReversal
0 USD
CY2020Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
CY2019Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
84469000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
5000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
84469000 USD
CY2020Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
454000 USD
CY2019Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
420000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
895000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
811000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
30000 USD
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-176000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
79000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
18000 USD
CY2020Q2 ofc Depreciation And Amortization For Real Estate Operations
DepreciationAndAmortizationForRealEstateOperations
33612000 USD
CY2019Q2 ofc Depreciation And Amortization For Real Estate Operations
DepreciationAndAmortizationForRealEstateOperations
34802000 USD
ofc Depreciation And Amortization For Real Estate Operations
DepreciationAndAmortizationForRealEstateOperations
66208000 USD
ofc Depreciation And Amortization For Real Estate Operations
DepreciationAndAmortizationForRealEstateOperations
69598000 USD
CY2020Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
8158000 USD
CY2019Q2 ofc Business Development Expenses And Land Carry Costs
BusinessDevelopmentExpensesAndLandCarryCosts
870000 USD
ofc Business Development Expenses And Land Carry Costs
BusinessDevelopmentExpensesAndLandCarryCosts
2380000 USD
ofc Business Development Expenses And Land Carry Costs
BusinessDevelopmentExpensesAndLandCarryCosts
1983000 USD
CY2020Q2 us-gaap Interest And Debt Expense
InterestAndDebtExpense
16797000 USD
CY2019Q2 us-gaap Interest And Debt Expense
InterestAndDebtExpense
18475000 USD
us-gaap Interest And Debt Expense
InterestAndDebtExpense
33637000 USD
us-gaap Interest And Debt Expense
InterestAndDebtExpense
37149000 USD
CY2020Q2 ofc Unconsolidated Joint Venture Net Operating Income Allocableto Parent
UnconsolidatedJointVentureNetOperatingIncomeAllocabletoParent
1725000 USD
CY2019Q2 ofc Unconsolidated Joint Venture Net Operating Income Allocableto Parent
UnconsolidatedJointVentureNetOperatingIncomeAllocabletoParent
1251000 USD
ofc Unconsolidated Joint Venture Net Operating Income Allocableto Parent
UnconsolidatedJointVentureNetOperatingIncomeAllocabletoParent
3438000 USD
ofc Unconsolidated Joint Venture Net Operating Income Allocableto Parent
UnconsolidatedJointVentureNetOperatingIncomeAllocabletoParent
2470000 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
25121000 USD
CY2019Q2 us-gaap Profit Loss
ProfitLoss
109563000 USD
us-gaap Profit Loss
ProfitLoss
50671000 USD
us-gaap Profit Loss
ProfitLoss
131881000 USD
CY2020Q2 us-gaap Assets
Assets
4011325000 USD
CY2019Q2 us-gaap Assets
Assets
3803469000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12236000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
42299000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
25917000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
59249000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12236000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
42299000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
25917000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
59249000 USD
CY2020Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
70500000 USD
CY2020Q2 ofc Revenue Remaining Performance Obligation Amounttobe Recognized Duringthe Remainderofthe Year
RevenueRemainingPerformanceObligationAmounttobeRecognizedDuringtheRemainderoftheYear
20000000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
110759000 shares
CY2020Q2 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
23497000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
106791000 USD
us-gaap Net Income Loss
NetIncomeLoss
47551000 USD
us-gaap Net Income Loss
NetIncomeLoss
127650000 USD
CY2020Q2 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
115000 USD
CY2019Q2 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
364000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
220000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
413000 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
23382000 USD
CY2019Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
106427000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
47331000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
127237000 USD
CY2020Q2 ofc Dilutive Securities Effecton Basic Earnings Per Share Preferred Units
DilutiveSecuritiesEffectonBasicEarningsPerSharePreferredUnits
0 USD
CY2019Q2 ofc Dilutive Securities Effecton Basic Earnings Per Share Preferred Units
DilutiveSecuritiesEffectonBasicEarningsPerSharePreferredUnits
165000 USD
ofc Dilutive Securities Effecton Basic Earnings Per Share Preferred Units
DilutiveSecuritiesEffectonBasicEarningsPerSharePreferredUnits
0 USD
ofc Dilutive Securities Effecton Basic Earnings Per Share Preferred Units
DilutiveSecuritiesEffectonBasicEarningsPerSharePreferredUnits
0 USD
CY2020Q2 ofc Dilutive Securities Effecton Basic Earnings Per Share Dilutive Redeemable Noncontrolling Interests
DilutiveSecuritiesEffectonBasicEarningsPerShareDilutiveRedeemableNoncontrollingInterests
0 USD
CY2019Q2 ofc Dilutive Securities Effecton Basic Earnings Per Share Dilutive Redeemable Noncontrolling Interests
DilutiveSecuritiesEffectonBasicEarningsPerShareDilutiveRedeemableNoncontrollingInterests
902000 USD
ofc Dilutive Securities Effecton Basic Earnings Per Share Dilutive Redeemable Noncontrolling Interests
DilutiveSecuritiesEffectonBasicEarningsPerShareDilutiveRedeemableNoncontrollingInterests
0 USD
ofc Dilutive Securities Effecton Basic Earnings Per Share Dilutive Redeemable Noncontrolling Interests
DilutiveSecuritiesEffectonBasicEarningsPerShareDilutiveRedeemableNoncontrollingInterests
66000 USD
CY2020Q2 ofc Dilutive Securities Effecton Basic Earnings Per Share Partnership Units
DilutiveSecuritiesEffectonBasicEarningsPerSharePartnershipUnits
0 USD
CY2019Q2 ofc Dilutive Securities Effecton Basic Earnings Per Share Partnership Units
DilutiveSecuritiesEffectonBasicEarningsPerSharePartnershipUnits
0 USD
ofc Dilutive Securities Effecton Basic Earnings Per Share Partnership Units
DilutiveSecuritiesEffectonBasicEarningsPerSharePartnershipUnits
0 USD
ofc Dilutive Securities Effecton Basic Earnings Per Share Partnership Units
DilutiveSecuritiesEffectonBasicEarningsPerSharePartnershipUnits
1515000 USD
CY2020Q2 us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
6000 USD
CY2019Q2 us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
18000 USD
us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
14000 USD
us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
22000 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
23388000 USD
CY2019Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
107512000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
47345000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
128840000 USD
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
111800000 shares
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
111557000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
111762000 shares
CY2019Q2 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
176000 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
CY2020Q2 ofc Incremental Common Shares Attributable To Conversion Of Common Units
IncrementalCommonSharesAttributableToConversionOfCommonUnits
0 shares
CY2019Q2 ofc Incremental Common Shares Attributable To Conversion Of Common Units
IncrementalCommonSharesAttributableToConversionOfCommonUnits
0 shares
ofc Incremental Common Shares Attributable To Conversion Of Common Units
IncrementalCommonSharesAttributableToConversionOfCommonUnits
0 shares
ofc Incremental Common Shares Attributable To Conversion Of Common Units
IncrementalCommonSharesAttributableToConversionOfCommonUnits
1329000 shares
CY2020Q2 ofc Incremental Common Shares Attributableto Dilutive Effectof Redeemable Noncontrolling Interests
IncrementalCommonSharesAttributabletoDilutiveEffectofRedeemableNoncontrollingInterests
0 shares
CY2019Q2 ofc Incremental Common Shares Attributableto Dilutive Effectof Redeemable Noncontrolling Interests
IncrementalCommonSharesAttributabletoDilutiveEffectofRedeemableNoncontrollingInterests
1062000 shares
ofc Incremental Common Shares Attributableto Dilutive Effectof Redeemable Noncontrolling Interests
IncrementalCommonSharesAttributabletoDilutiveEffectofRedeemableNoncontrollingInterests
0 shares
ofc Incremental Common Shares Attributableto Dilutive Effectof Redeemable Noncontrolling Interests
IncrementalCommonSharesAttributabletoDilutiveEffectofRedeemableNoncontrollingInterests
130000 shares
CY2020Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
321000 shares
CY2019Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
310000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
280000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
289000 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
112121000 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
113105000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
112042000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
112507000 shares
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.21
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.95
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.15
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.21
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.95
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.42
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.15
CY2020Q2 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
3200000 USD
CY2020Q2 ofc Property Subjectto Environmental Indemnity Numberof Properties
PropertySubjecttoEnvironmentalIndemnityNumberofProperties
3 property
CY2020Q2 ofc Maximum Additional Costs Agreed To Be Paid By The Entity Under Environmental Indemnification Agreement
MaximumAdditionalCostsAgreedToBePaidByTheEntityUnderEnvironmentalIndemnificationAgreement
19000000 USD

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