2021 Q2 Form 10-Q Financial Statement

#000086054621000042 Filed on July 30, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $157.2M $138.3M
YoY Change 13.65% -20.99%
Cost Of Revenue $19.08M $11.71M
YoY Change 62.94% -71.44%
Gross Profit $138.1M $126.6M
YoY Change 9.09% -5.56%
Gross Profit Margin 87.86% 91.53%
Selling, General & Admin $9.222M $8.158M
YoY Change 13.04% -13.08%
% of Gross Profit 6.68% 6.44%
Research & Development $1.372M $1.300M
YoY Change 5.54% 44.44%
% of Gross Profit 0.99% 1.03%
Depreciation & Amortization $34.74M $34.10M
YoY Change 1.88% -3.4%
% of Gross Profit 25.15% 26.93%
Operating Expenses $9.222M $8.158M
YoY Change 13.04% -13.08%
Operating Profit $128.9M $118.5M
YoY Change 8.82% -5.0%
Interest Expense $15.94M $16.80M
YoY Change -5.09% -203.69%
% of Operating Profit 12.37% 14.18%
Other Income/Expense, Net -$193.0K -$600.0K
YoY Change -67.83%
Pretax Income $42.98M $24.70M
YoY Change 74.04% -77.34%
Income Tax $24.00K $30.00K
% Of Pretax Income 0.06% 0.12%
Net Earnings $42.40M $23.50M
YoY Change 80.45% -78.0%
Net Earnings / Revenue 26.97% 16.99%
Basic Earnings Per Share $0.38 $0.21
Diluted Earnings Per Share $0.38 $0.21
COMMON SHARES
Basic Shares Outstanding 112.0M shares 111.8M shares
Diluted Shares Outstanding 112.4M shares 112.1M shares

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $17.18M $21.60M
YoY Change -20.45% -53.35%
Cash & Equivalents $17.18M $21.60M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $39.95M $30.40M
Other Receivables $0.00 $0.00
Total Short-Term Assets $57.13M $52.00M
YoY Change 9.87% -67.28%
LONG-TERM ASSETS
Property, Plant & Equipment $9.993M $3.594B
YoY Change -99.72% 9.88%
Goodwill
YoY Change
Intangibles $16.96M $24.77M
YoY Change -31.53% -20.52%
Long-Term Investments $55.19M $59.70M
YoY Change -7.55% -21.03%
Other Assets $75.19M $74.90M
YoY Change 0.39% 8.71%
Total Long-Term Assets $3.995B $3.959B
YoY Change 0.9% 8.64%
TOTAL ASSETS
Total Short-Term Assets $57.13M $52.00M
Total Long-Term Assets $3.995B $3.959B
Total Assets $4.052B $4.011B
YoY Change 1.01% 5.46%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $127.0M $149.8M
YoY Change -15.2% -1.58%
Accrued Expenses $29.91M $20.80M
YoY Change 43.79% 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 $219.1M $246.5M
YoY Change -11.1% 8.3%
LONG-TERM LIABILITIES
Long-Term Debt $2.110B $1.999B
YoY Change 5.56% 11.93%
Other Long-Term Liabilities $25.89M $86.20M
YoY Change -69.96% 108.72%
Total Long-Term Liabilities $2.136B $2.085B
YoY Change 2.43% 14.12%
TOTAL LIABILITIES
Total Short-Term Liabilities $219.1M $246.5M
Total Long-Term Liabilities $2.136B $2.085B
Total Liabilities $2.355B $2.331B
YoY Change 1.0% 13.47%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $1.123M $1.122M
YoY Change 0.09% 0.27%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.637B $1.617B
YoY Change
Total Liabilities & Shareholders Equity $4.052B $4.011B
YoY Change 1.01% 5.46%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income $42.40M $23.50M
YoY Change 80.45% -78.0%
Depreciation, Depletion And Amortization $34.74M $34.10M
YoY Change 1.88% -3.4%
Cash From Operating Activities $97.31M $74.30M
YoY Change 30.97% 30.12%
INVESTING ACTIVITIES
Capital Expenditures -$66.56M -$104.7M
YoY Change -36.43% -17.69%
Acquisitions
YoY Change
Other Investing Activities $108.9M -$8.100M
YoY Change -1443.98% -103.45%
Cash From Investing Activities $42.20M -$112.8M
YoY Change -137.41% -204.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -158.1M -98.50M
YoY Change 60.48% -21.64%
NET CHANGE
Cash From Operating Activities 97.31M 74.30M
Cash From Investing Activities 42.20M -112.8M
Cash From Financing Activities -158.1M -98.50M
Net Change In Cash -18.56M -137.0M
YoY Change -86.45% -451.28%
FREE CASH FLOW
Cash From Operating Activities $97.31M $74.30M
Capital Expenditures -$66.56M -$104.7M
Free Cash Flow $163.9M $179.0M
YoY Change -8.45% -2.88%

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0 USD
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154000 USD
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938000 USD
CY2020Q2 ofc Minority Interest In Net Income Loss Other Including Joint Ventures Minority Interests
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1263000 USD
ofc Minority Interest In Net Income Loss Other Including Joint Ventures Minority Interests
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1613000 USD
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2395000 USD
CY2021Q2 ofc Net Income Loss Available To Common Stockholders Including Participating Securities
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42401000 USD
CY2020Q2 ofc Net Income Loss Available To Common Stockholders Including Participating Securities
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23497000 USD
ofc Net Income Loss Available To Common Stockholders Including Participating Securities
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35732000 USD
ofc Net Income Loss Available To Common Stockholders Including Participating Securities
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47551000 USD
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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0.42
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0.38
CY2020Q2 us-gaap Earnings Per Share Diluted
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0.21
us-gaap Earnings Per Share Diluted
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0.32
us-gaap Earnings Per Share Diluted
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43898000 USD
CY2020Q2 us-gaap Profit Loss
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25121000 USD
us-gaap Profit Loss
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37819000 USD
us-gaap Profit Loss
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CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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544000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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2922000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2021Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2020Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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22741000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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40741000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
10717000 USD
CY2021Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1484000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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1556000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
2267000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
2235000 USD
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
43377000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
21185000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
38474000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
8482000 USD
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CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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1736000 USD
CY2020Q2 us-gaap Stock Repurchased During Period Value
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80000 USD
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0 USD
CY2020Q2 ofc Comprehensive Income Loss Net Of Tax After Redeemable Noncontrolling Interest Adjustments
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21624000 USD
CY2020Q2 us-gaap Dividends
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30856000 USD
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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
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-236000 USD
CY2020Q2 us-gaap Common Stock Shares Outstanding
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CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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1656924000 USD
CY2021Q1 us-gaap Common Stock Shares Outstanding
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CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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1656792000 USD
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241000 USD
CY2021Q2 us-gaap Stock Issued During Period Shares Share Based Compensation
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CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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2145000 USD
CY2021Q2 ofc Comprehensive Income Loss Net Of Tax After Redeemable Noncontrolling Interest Adjustments
ComprehensiveIncomeLossNetOfTaxAfterRedeemableNoncontrollingInterestAdjustments
44120000 USD
CY2021Q2 us-gaap Stock Repurchased During Period Value
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68000 USD
CY2021Q2 ofc Noncontrolling Interest Increase Decrease From Changes In Ownership
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0 USD
CY2021Q2 us-gaap Dividends
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30888000 USD
CY2021Q2 ofc Minority Interest Decrease From Distributions To Operating Partnership Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToOperatingPartnershipNoncontrollingInterestHolders
400000 USD
CY2021Q2 ofc Minority Interest Decrease From Distributions Including Joint Ventures
MinorityInterestDecreaseFromDistributionsIncludingJointVentures
8000 USD
CY2021Q2 ofc Adjustmentto Equityto Arriveat Fair Valueof Redeemable Noncontrolling Interest
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-140000 USD
CY2021Q2 us-gaap Common Stock Shares Outstanding
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CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1671312000 USD
CY2019Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
112068705 shares
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1719245000 USD
us-gaap Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
12009 shares
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
102478 shares
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
ofc Noncontrolling Interest Increase Decrease From Changes In Ownership
NoncontrollingInterestIncreaseDecreaseFromChangesInOwnership
0 USD
ofc Comprehensive Income Loss Net Of Tax After Redeemable Noncontrolling Interest Adjustments
ComprehensiveIncomeLossNetOfTaxAfterRedeemableNoncontrollingInterestAdjustments
8642000 USD
us-gaap Dividends
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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 Common Stock Shares Outstanding
CommonStockSharesOutstanding
112183192 shares
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1656924000 USD
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
112181759 shares
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1693712000 USD
us-gaap Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
8054 shares
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
us-gaap Partners Capital Account Redemptions
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241000 USD
us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
146257 shares
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4160000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
2358000 USD
ofc Noncontrolling Interest Increase Decrease From Changes In Ownership
NoncontrollingInterestIncreaseDecreaseFromChangesInOwnership
0 USD
ofc Comprehensive Income Loss Net Of Tax After Redeemable Noncontrolling Interest Adjustments
ComprehensiveIncomeLossNetOfTaxAfterRedeemableNoncontrollingInterestAdjustments
39588000 USD
us-gaap Dividends
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61790000 USD
ofc Minority Interest Decrease From Distributions To Operating Partnership Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToOperatingPartnershipNoncontrollingInterestHolders
798000 USD
ofc Minority Interest Decrease From Distributions Including Joint Ventures
MinorityInterestDecreaseFromDistributionsIncludingJointVentures
15000 USD
ofc Adjustmentto Equityto Arriveat Fair Valueof Redeemable Noncontrolling Interest
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ofc Other Adjustment
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324000 USD
CY2021Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
112336070 shares
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1671312000 USD
ofc Revenues From Real Estate Operations Received
RevenuesFromRealEstateOperationsReceived
280708000 USD
ofc Revenues From Real Estate Operations Received
RevenuesFromRealEstateOperationsReceived
265833000 USD
ofc Construction Contract And Other Service Revenues Received
ConstructionContractAndOtherServiceRevenuesReceived
38419000 USD
ofc Construction Contract And Other Service Revenues Received
ConstructionContractAndOtherServiceRevenuesReceived
42149000 USD
ofc Property Operating Expenses Paid
PropertyOperatingExpensesPaid
91672000 USD
ofc Property Operating Expenses Paid
PropertyOperatingExpensesPaid
86934000 USD
ofc Construction Contract And Other Service Expenses Paid
ConstructionContractAndOtherServiceExpensesPaid
34445000 USD
ofc Construction Contract And Other Service Expenses Paid
ConstructionContractAndOtherServiceExpensesPaid
32107000 USD
ofc Generaland Administrative Leasing Business Developmentand Land Carry Paid
GeneralandAdministrativeLeasingBusinessDevelopmentandLandCarryPaid
15399000 USD
ofc Generaland Administrative Leasing Business Developmentand Land Carry Paid
GeneralandAdministrativeLeasingBusinessDevelopmentandLandCarryPaid
16969000 USD
us-gaap Interest Paid Net
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31392000 USD
us-gaap Interest Paid Net
InterestPaidNet
31581000 USD
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7442000 USD
ofc Paymentsof Lease Incentives
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5611000 USD
us-gaap Other Operating Activities Cash Flow Statement
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us-gaap Other Operating Activities Cash Flow Statement
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1757000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
138012000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
136537000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
110909000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
185357000 USD
us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
10872000 USD
us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
16489000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
12382000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
11576000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
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114394000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
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0 USD
us-gaap Payments For Leasing Costs
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11408000 USD
us-gaap Payments For Leasing Costs
PaymentsForLeasingCosts
8424000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
5442000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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-30601000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Long Term Lines Of Credit
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387000000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
251000000 USD
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
589818000 USD
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 USD
us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
4459000 USD
us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
189359000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
361000000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
259000000 USD
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
600000000 USD
us-gaap Repayments Of Senior Debt
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0 USD
ofc Scheduled Principal Amortization Repayments Of Long Term Debt
ScheduledPrincipalAmortizationRepaymentsOfLongTermDebt
1922000 USD
ofc Scheduled Principal Amortization Repayments Of Long Term Debt
ScheduledPrincipalAmortizationRepaymentsOfLongTermDebt
2044000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1620000 USD
us-gaap Payments Of Financing Costs
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1261000 USD
us-gaap Payments Of Debt Extinguishment Costs
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55713000 USD
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
61747000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
61667000 USD
ofc Paymentsof Distributions Redeemable Noncontrolling Interest
PaymentsofDistributionsRedeemableNoncontrollingInterest
1226000 USD
ofc Paymentsof Distributions Redeemable Noncontrolling Interest
PaymentsofDistributionsRedeemableNoncontrollingInterest
12662000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2358000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1572000 USD
us-gaap Proceeds From Payments For Other Financing Activities
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-3360000 USD
us-gaap Proceeds From Payments For Other Financing Activities
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-3666000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
98487000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
7736000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22033000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18130000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
21775000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
25866000 USD
us-gaap Profit Loss
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37819000 USD
us-gaap Profit Loss
ProfitLoss
50671000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
76476000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
67075000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2666000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1993000 USD
us-gaap Straight Line Rent
StraightLineRent
9421000 USD
us-gaap Straight Line Rent
StraightLineRent
1070000 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
39743000 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
5000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
3913000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
3027000 USD
us-gaap Gains Losses On Extinguishment Of Debt
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-58394000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
2462000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1263000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-45000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-5039000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-13894000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-23202000 USD
us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
-1037000 USD
us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
-8971000 USD
ofc Increase Decrease In Advance Rent And Security Deposit Liability
IncreaseDecreaseInAdvanceRentAndSecurityDepositLiability
-2532000 USD
ofc Increase Decrease In Advance Rent And Security Deposit Liability
IncreaseDecreaseInAdvanceRentAndSecurityDepositLiability
-3161000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
138012000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
136537000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
18369000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
14733000 USD
ofc Increase Decrease In Fair Value Of Derivatives Applied To Aocl And Noncontrolling Interests
IncreaseDecreaseInFairValueOfDerivativesAppliedToAoclAndNoncontrollingInterests
2922000 USD
CY2020Q4 us-gaap Restricted Cash
RestrictedCash
3664000 USD
CY2019Q4 us-gaap Restricted Cash
RestrictedCash
3397000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22033000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18130000 USD
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
17182000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
21596000 USD
CY2021Q2 us-gaap Restricted Cash
RestrictedCash
4593000 USD
CY2020Q2 us-gaap Restricted Cash
RestrictedCash
4270000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
21775000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
25866000 USD
ofc Increase Decrease In Accrued Capital Improvements Leasing And Other Investing Activity Costs
IncreaseDecreaseInAccruedCapitalImprovementsLeasingAndOtherInvestingActivityCosts
-15887000 USD
ofc Increase Decrease In Accrued Capital Improvements Leasing And Other Investing Activity Costs
IncreaseDecreaseInAccruedCapitalImprovementsLeasingAndOtherInvestingActivityCosts
12940000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
328000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3381000 USD
ofc Increasein Investmentin Unconsolidated Real Estate Joint Venturein Connection With Partial Saleof Properties
IncreaseinInvestmentinUnconsolidatedRealEstateJointVentureinConnectionWithPartialSaleofProperties
11842000 USD
ofc Increasein Investmentin Unconsolidated Real Estate Joint Venturein Connection With Partial Saleof Properties
IncreaseinInvestmentinUnconsolidatedRealEstateJointVentureinConnectionWithPartialSaleofProperties
0 USD
CY2020Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
31302000 USD
ofc Increase Decrease In Fair Value Of Derivatives Applied To Aocl And Noncontrolling Interests
IncreaseDecreaseInFairValueOfDerivativesAppliedToAoclAndNoncontrollingInterests
-39953000 USD
CY2021Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
31302000 USD
ofc Equity Change Stock Issued During Period Value Conversion Of Units
EquityChangeStockIssuedDuringPeriodValueConversionOfUnits
121000 USD
ofc Equity Change Stock Issued During Period Value Conversion Of Units
EquityChangeStockIssuedDuringPeriodValueConversionOfUnits
182000 USD
ofc Equity Change Adjustments To Additional Paid In Capital Reallocation Of Minority Interest
EquityChangeAdjustmentsToAdditionalPaidInCapitalReallocationOfMinorityInterest
-194000 USD
ofc Equity Change Adjustments To Additional Paid In Capital Reallocation Of Minority Interest
EquityChangeAdjustmentsToAdditionalPaidInCapitalReallocationOfMinorityInterest
25000 USD
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
622000 USD
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
4337000 USD
us-gaap Nature Of Operations
NatureOfOperations
Organization<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Corporate Office Properties Trust (“COPT”) and subsidiaries (collectively, the “Company”, “we” or “us”) is a fully-integrated and self-managed real estate investment trust (“REIT”). 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 June 30, 2021, our properties included the following:</span></div><div style="padding-left:18pt"><span><br/></span></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">183 properties totaling 21.1 million square feet comprised of 16.4 million square feet in 157 office properties and 4.7 million square feet in 26 single-tenant data center shell properties (“data center shells”). We owned 19 of these data center shells through unconsolidated real estate joint ventures;</span></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">a wholesale data center with a critical load of 19.25 megawatts;</span></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">14 properties under development or redevelopment (11 office properties and three data center shells), including three partially-operational properties, that we estimate will total approximately 2.0 million square feet upon completion; and</span></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">approximately 770 acres of land controlled for future development that we believe could be developed into approximately 9.2 million square feet and 43 acres of other land.</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We conduct almost all of our operations and own almost all of our assets through our operating partnership, Corporate Office Properties, L.P. (“COPLP”) and subsidiaries (collectively, the “Operating Partnership”), of which COPT is the sole general partner. 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="text-indent:18pt"><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Equity interests in COPLP are in the form of common and preferred units. As of June 30, 2021, COPT owned 98.3% of the outstanding COPLP common units (“common units”) and there were no preferred units outstanding. 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.</span></div>COPT’s common shares are publicly traded on the New York Stock Exchange (“NYSE”) under the ticker symbol “OFC”.
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reclassification</span></div><div><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We reclassified certain amounts from the prior period to conform to the current period presentation of our consolidated financial statements with no effect on previously reported net income or equity.</span></div>
CY2021Q2 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
113423000 USD
CY2020Q2 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
103993000 USD
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
225848000 USD
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
208102000 USD
CY2021Q2 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
30235000 USD
CY2020Q2 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
28154000 USD
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
62434000 USD
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
55057000 USD
CY2021Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
143658000 USD
CY2020Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
132147000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
288282000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
263159000 USD
CY2021Q2 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
215266000 USD
CY2021Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Remainder Of Fiscal Year
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedRemainderOfFiscalYear
442000 USD
CY2021Q2 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
398730000 USD
CY2021Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Next Twelve Months
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedNextTwelveMonths
960000 USD
CY2021Q2 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
346493000 USD
CY2021Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Two Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedTwoYears
960000 USD
CY2021Q2 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
299455000 USD
CY2021Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Three Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedThreeYears
960000 USD
CY2021Q2 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
220803000 USD
CY2021Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Four Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedFourYears
960000 USD
CY2021Q2 ofc Lessor Operating Lease Paymenttobe Receivedafter Year Four
LessorOperatingLeasePaymenttobeReceivedafterYearFour
879852000 USD
CY2021Q2 ofc Sales Type And Direct Financing Leases Lease Receivable To Be Received After Year Four
SalesTypeAndDirectFinancingLeasesLeaseReceivableToBeReceivedAfterYearFour
4516000 USD
CY2021Q2 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
2360599000 USD
CY2021Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Undiscounted Excess Amount
SalesTypeAndDirectFinancingLeasesLeaseReceivableUndiscountedExcessAmount
2393000 USD
CY2021Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceived
8798000 USD
CY2021Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable
SalesTypeAndDirectFinancingLeasesLeaseReceivable
6405000 USD
CY2021Q2 ofc Lessee Rightof Use Asset
LesseeRightofUseAsset
79400000 USD
CY2021Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
39333000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
40570000 USD
CY2021Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
40082000 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
40425000 USD
CY2021Q2 ofc Lease Rightof Use Assets
LeaseRightofUseAssets
79415000 USD
CY2020Q4 ofc Lease Rightof Use Assets
LeaseRightofUseAssets
80995000 USD
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
29909000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
30746000 USD
CY2021Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
18000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
28000 USD
CY2021Q2 ofc Lease Liabilities
LeaseLiabilities
29927000 USD
CY2020Q4 ofc Lease Liabilities
LeaseLiabilities
30774000 USD
CY2021Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1700000 USD
CY2021Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P51Y
CY2021Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y
CY2021Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0716
CY2021Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0362
CY2021Q2 us-gaap Lease Cost
LeaseCost
1032000 USD
CY2020Q2 us-gaap Lease Cost
LeaseCost
454000 USD
us-gaap Lease Cost
LeaseCost
2024000 USD
us-gaap Lease Cost
LeaseCost
894000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
1586000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
541000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
10000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
14000 USD
CY2021Q2 ofc Lessee Operating Lease Liabilitytobe Paidafter Year Four
LesseeOperatingLeaseLiabilitytobePaidafterYearFour
123979000 USD
CY2021Q2 ofc Finance Lease Liability Payments Due After Year Four
FinanceLeaseLiabilityPaymentsDueAfterYearFour
0 USD
CY2021Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1610000 USD
CY2021Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
4000 USD
CY2021Q2 ofc Lessee Lease Liability Payments Remainderof Fiscal Year
LesseeLeaseLiabilityPaymentsRemainderofFiscalYear
1614000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
3297000 USD
CY2021Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
14000 USD
CY2021Q2 ofc Lessee Lease Liability Payments Due Year One
LesseeLeaseLiabilityPaymentsDueYearOne
3311000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
3352000 USD
CY2021Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
0 USD
CY2021Q2 ofc Lessee Lease Liability Payments Due Year Two
LesseeLeaseLiabilityPaymentsDueYearTwo
3352000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
3403000 USD
CY2021Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
0 USD
CY2021Q2 ofc Lessee Lease Liability Payments Due Year Three
LesseeLeaseLiabilityPaymentsDueYearThree
3403000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1749000 USD
CY2021Q2 ofc Lessee Lease Liability Payments Due Year Four
LesseeLeaseLiabilityPaymentsDueYearFour
1749000 USD
CY2021Q2 ofc Lessee Lease Liability Payments Dueafter Year Four
LesseeLeaseLiabilityPaymentsDueafterYearFour
123979000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
137390000 USD
CY2021Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
18000 USD
CY2021Q2 ofc Lessee Lease Liability Payments Due
LesseeLeaseLiabilityPaymentsDue
137408000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
107481000 USD
CY2021Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
0 USD
CY2021Q2 ofc Lessee Lease Liability Imputed Interest
LesseeLeaseLiabilityImputedInterest
107481000 USD
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
29909000 USD
CY2021Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
18000 USD
CY2021Q2 ofc Lease Liabilities
LeaseLiabilities
29927000 USD
CY2020Q4 us-gaap Restricted Cash
RestrictedCash
3664000 USD
CY2021Q2 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
4516000 USD
CY2021Q2 ofc Nonreal Estate Equity Investments
NonrealEstateEquityInvestments
5541000 USD
CY2020Q4 ofc Nonreal Estate Equity Investments
NonrealEstateEquityInvestments
5509000 USD
CY2021Q2 us-gaap Restricted Cash
RestrictedCash
4593000 USD
CY2021Q2 us-gaap Incentive To Lessee
IncentiveToLessee
37665000 USD
CY2020Q4 us-gaap Incentive To Lessee
IncentiveToLessee
35642000 USD
CY2021Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
9993000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
10433000 USD
CY2021Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
9766000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
10343000 USD
CY2021Q2 us-gaap Sales Type Lease Net Investment In Lease
SalesTypeLeaseNetInvestmentInLease
6405000 USD
CY2020Q4 us-gaap Sales Type Lease Net Investment In Lease
SalesTypeLeaseNetInvestmentInLease
6573000 USD
CY2020Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
19690000 USD
CY2021Q2 us-gaap Deferred Compensation Plan Assets
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2662000 USD
CY2020Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
3027000 USD
CY2021Q2 us-gaap Deferred Tax Assets Liabilities Net
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1928000 USD
CY2020Q4 us-gaap Deferred Tax Assets Liabilities Net
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1989000 USD
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1876000 USD
CY2020Q4 ofc Deferred Financingand Derivative Costs
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2439000 USD
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7212000 USD
CY2020Q4 us-gaap Other Assets
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5274000 USD
CY2021Q2 us-gaap Prepaid Expense And Other Assets
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92157000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets
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104583000 USD
CY2021Q2 us-gaap Long Term Debt
LongTermDebt
2109640000 USD
CY2020Q4 us-gaap Long Term Debt
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2086918000 USD
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3200000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
3500000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
6500000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-240000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-3315000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
544000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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-41020000 USD
ofc Numberof Joint Ventures With Redeemable Noncontrolling Interests
NumberofJointVenturesWithRedeemableNoncontrollingInterests
2 joint_venture
CY2020Q4 us-gaap Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
25430000 USD
CY2019Q4 us-gaap Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
29431000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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1165000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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12695000 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
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1153000 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
2075000 USD
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
622000 USD
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
4337000 USD
CY2021Q2 us-gaap Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
26040000 USD
CY2020Q2 us-gaap Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
23148000 USD
ofc Unconsolidated Joint Venture Net Operating Income Allocableto Parent
UnconsolidatedJointVentureNetOperatingIncomeAllocabletoParent
1890000 USD
ofc Unconsolidated Joint Venture Net Operating Income Allocableto Parent
UnconsolidatedJointVentureNetOperatingIncomeAllocabletoParent
3438000 USD
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
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0.275
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.275
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.550
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.550
CY2020Q4 ofc Credit Losses Financial Assetsand Other Instruments Allowancefor Credit Loss
CreditLossesFinancialAssetsandOtherInstrumentsAllowanceforCreditLoss
4697000 USD
ofc Credit Losses Financial Assetsand Other Instruments Allowancefor Credit Loss Expense Reversal
CreditLossesFinancialAssetsandOtherInstrumentsAllowanceforCreditLossExpenseReversal
-714000 USD
CY2021Q2 ofc Credit Losses Financial Assetsand Other Instruments Allowancefor Credit Loss
CreditLossesFinancialAssetsandOtherInstrumentsAllowanceforCreditLoss
3983000 USD
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19988000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12236000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
36546000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
25917000 USD
CY2021Q2 us-gaap Revenues
Revenues
164411000 USD
CY2020Q2 us-gaap Revenues
Revenues
144774000 USD
us-gaap Revenues
Revenues
326133000 USD
us-gaap Revenues
Revenues
290571000 USD
CY2021Q2 ofc Unconsolidated Joint Venture Net Operating Income Allocableto Parent
UnconsolidatedJointVentureNetOperatingIncomeAllocabletoParent
973000 USD
CY2020Q2 ofc Unconsolidated Joint Venture Net Operating Income Allocableto Parent
UnconsolidatedJointVentureNetOperatingIncomeAllocabletoParent
1725000 USD
CY2021Q2 ofc Income Lossfrom Equity Method Investments Allocableto Depreciation Amortizationand Interest Expense
IncomeLossfromEquityMethodInvestmentsAllocabletoDepreciationAmortizationandInterestExpense
711000 USD
CY2020Q2 ofc Income Lossfrom Equity Method Investments Allocableto Depreciation Amortizationand Interest Expense
IncomeLossfromEquityMethodInvestmentsAllocabletoDepreciationAmortizationandInterestExpense
1270000 USD
ofc Income Lossfrom Equity Method Investments Allocableto Depreciation Amortizationand Interest Expense
IncomeLossfromEquityMethodInvestmentsAllocabletoDepreciationAmortizationandInterestExpense
1404000 USD
ofc Income Lossfrom Equity Method Investments Allocableto Depreciation Amortizationand Interest Expense
IncomeLossfromEquityMethodInvestmentsAllocabletoDepreciationAmortizationandInterestExpense
2540000 USD
CY2021Q2 ofc Income Lossin Non Real Estate Equity Method Investments
IncomeLossinNonRealEstateEquityMethodInvestments
-2000 USD
CY2020Q2 ofc Income Lossin Non Real Estate Equity Method Investments
IncomeLossinNonRealEstateEquityMethodInvestments
-1000 USD
ofc Income Lossin Non Real Estate Equity Method Investments
IncomeLossinNonRealEstateEquityMethodInvestments
-4000 USD
ofc Income Lossin Non Real Estate Equity Method Investments
IncomeLossinNonRealEstateEquityMethodInvestments
-3000 USD
CY2021Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
260000 USD
CY2020Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
454000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
482000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
895000 USD
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19988000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12236000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
36546000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
25917000 USD
CY2021Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
19082000 USD
CY2020Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
11711000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
34875000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
24832000 USD
CY2021Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
2228000 USD
CY2020Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
2282000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
4093000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
3487000 USD
CY2021Q2 ofc Credit Losses Financial Assetsand Other Instruments Allowancefor Credit Loss Expense Reversal
CreditLossesFinancialAssetsandOtherInstrumentsAllowanceforCreditLossExpenseReversal
193000 USD
CY2020Q2 ofc Credit Losses Financial Assetsand Other Instruments Allowancefor Credit Loss Expense Reversal
CreditLossesFinancialAssetsandOtherInstrumentsAllowanceforCreditLossExpenseReversal
615000 USD
ofc Credit Losses Financial Assetsand Other Instruments Allowancefor Credit Loss Expense Reversal
CreditLossesFinancialAssetsandOtherInstrumentsAllowanceforCreditLossExpenseReversal
-714000 USD
ofc Credit Losses Financial Assetsand Other Instruments Allowancefor Credit Loss Expense Reversal
CreditLossesFinancialAssetsandOtherInstrumentsAllowanceforCreditLossExpenseReversal
1304000 USD
CY2021Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
40233000 USD
CY2020Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
39743000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
5000 USD
CY2021Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
260000 USD
CY2020Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
454000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
482000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
895000 USD
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
30000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
56000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
79000 USD
CY2021Q2 ofc Depreciation And Amortization For Real Estate Operations
DepreciationAndAmortizationForRealEstateOperations
37555000 USD
CY2020Q2 ofc Depreciation And Amortization For Real Estate Operations
DepreciationAndAmortizationForRealEstateOperations
33612000 USD
ofc Depreciation And Amortization For Real Estate Operations
DepreciationAndAmortizationForRealEstateOperations
74876000 USD
ofc Depreciation And Amortization For Real Estate Operations
DepreciationAndAmortizationForRealEstateOperations
66208000 USD
CY2021Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
9222000 USD
CY2020Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
8158000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
17628000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
15644000 USD
CY2021Q2 ofc Business Development Expenses And Land Carry Costs
BusinessDevelopmentExpensesAndLandCarryCosts
1372000 USD
CY2020Q2 ofc Business Development Expenses And Land Carry Costs
BusinessDevelopmentExpensesAndLandCarryCosts
1262000 USD
ofc Business Development Expenses And Land Carry Costs
BusinessDevelopmentExpensesAndLandCarryCosts
2466000 USD
ofc Business Development Expenses And Land Carry Costs
BusinessDevelopmentExpensesAndLandCarryCosts
2380000 USD
CY2021Q2 us-gaap Interest Expense
InterestExpense
15942000 USD
CY2020Q2 us-gaap Interest Expense
InterestExpense
16797000 USD
us-gaap Interest Expense
InterestExpense
33461000 USD
us-gaap Interest Expense
InterestExpense
33637000 USD
CY2021Q2 ofc Unconsolidated Joint Venture Net Operating Income Allocableto Parent
UnconsolidatedJointVentureNetOperatingIncomeAllocabletoParent
973000 USD
CY2020Q2 ofc Unconsolidated Joint Venture Net Operating Income Allocableto Parent
UnconsolidatedJointVentureNetOperatingIncomeAllocabletoParent
1725000 USD
ofc Unconsolidated Joint Venture Net Operating Income Allocableto Parent
UnconsolidatedJointVentureNetOperatingIncomeAllocabletoParent
1890000 USD
ofc Unconsolidated Joint Venture Net Operating Income Allocableto Parent
UnconsolidatedJointVentureNetOperatingIncomeAllocabletoParent
3438000 USD
CY2021Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-25228000 USD
CY2020Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-58394000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2021Q2 us-gaap Profit Loss
ProfitLoss
43898000 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
25121000 USD
us-gaap Profit Loss
ProfitLoss
37819000 USD
us-gaap Profit Loss
ProfitLoss
50671000 USD
CY2021Q2 us-gaap Assets
Assets
4052032000 USD
CY2020Q2 us-gaap Assets
Assets
4011325000 USD
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19988000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12236000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
36546000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
25917000 USD
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19988000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12236000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
36546000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
25917000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
42401000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
23497000 USD
us-gaap Net Income Loss
NetIncomeLoss
35732000 USD
us-gaap Net Income Loss
NetIncomeLoss
47551000 USD
CY2021Q2 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
136000 USD
CY2020Q2 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
115000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
244000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
220000 USD
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
42265000 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
23382000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
35488000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
47331000 USD
CY2021Q2 ofc Dilutive Securities Effecton Basic Earnings Per Share Dilutive Redeemable Noncontrolling Interests
DilutiveSecuritiesEffectonBasicEarningsPerShareDilutiveRedeemableNoncontrollingInterests
-20000 USD
CY2020Q2 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
7000 USD
ofc Dilutive Securities Effecton Basic Earnings Per Share Dilutive Redeemable Noncontrolling Interests
DilutiveSecuritiesEffectonBasicEarningsPerShareDilutiveRedeemableNoncontrollingInterests
0 USD
CY2021Q2 us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
11000 USD
CY2020Q2 us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
6000 USD
us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
9000 USD
us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
14000 USD
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
42256000 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
23388000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
35504000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
47345000 USD
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.21
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
111974000 shares
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
111800000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
111931000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
111762000 shares
CY2021Q2 ofc Incremental Common Shares Attributableto Dilutive Effectof Redeemable Noncontrolling Interests
IncrementalCommonSharesAttributabletoDilutiveEffectofRedeemableNoncontrollingInterests
133000 shares
CY2020Q2 ofc Incremental Common Shares Attributableto Dilutive Effectof Redeemable Noncontrolling Interests
IncrementalCommonSharesAttributabletoDilutiveEffectofRedeemableNoncontrollingInterests
0 shares
ofc Incremental Common Shares Attributableto Dilutive Effectof Redeemable Noncontrolling Interests
IncrementalCommonSharesAttributabletoDilutiveEffectofRedeemableNoncontrollingInterests
125000 shares
ofc Incremental Common Shares Attributableto Dilutive Effectof Redeemable Noncontrolling Interests
IncrementalCommonSharesAttributabletoDilutiveEffectofRedeemableNoncontrollingInterests
0 shares
CY2021Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
297000 shares
CY2020Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
321000 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
280000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
112404000 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
112121000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
112336000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
112042000 shares
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.38
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.32
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.38
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.21
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.32
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.42
CY2021Q2 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
3300000 USD
CY2021Q2 ofc Property Subjectto Environmental Indemnity Numberof Properties
PropertySubjecttoEnvironmentalIndemnityNumberofProperties
3 property
CY2021Q2 ofc Maximum Additional Costs Agreed To Be Paid By The Entity Under Environmental Indemnification Agreement
MaximumAdditionalCostsAgreedToBePaidByTheEntityUnderEnvironmentalIndemnificationAgreement
19000000 USD

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