$CDP
COPT Defense Properties Stock $cdp

$cdp Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000086054624000039 Filed on May 01, 2024

Income Statement

Concept	2024 Q2	2024 Q1
Revenue	$187.3M	$193.3M
YoY Change	10.73%	15.38%
Cost Of Revenue	$83.02M	$92.75M
YoY Change	13.24%	26.97%
Gross Profit	$104.3M	$100.5M
YoY Change	8.8%	6.42%
Gross Profit Margin	55.68%	52.01%
Selling, General & Admin	$12.03M	$11.75M
YoY Change	-1.19%	17.53%
% of Gross Profit	11.53%	11.69%
Research & Development	$979.0K	$1.182M
YoY Change		138.79%
% of Gross Profit	0.94%	1.18%
Depreciation & Amortization	$38.16M	$38.96M
YoY Change	1.44%	3.62%
% of Gross Profit	36.58%	38.76%
Operating Expenses	$12.03M	$11.75M
YoY Change	-75.84%	17.53%
Operating Profit	$92.29M	$88.77M
YoY Change	100.27%	5.1%
Interest Expense	-$17.71M	$20.77M
YoY Change	24.13%	26.3%
% of Operating Profit	-19.19%	23.4%
Other Income/Expense, Net	$2.884M	$4.122M
YoY Change	34.58%	-6252.24%
Pretax Income	$36.40M	$33.77M
YoY Change	14.33%	-58.09%
Income Tax	$14.00K	$168.0K
% Of Pretax Income	0.04%	0.5%
Net Earnings	$36.41M	$33.67M
YoY Change	20.8%	-58.12%
Net Earnings / Revenue	19.43%	17.42%
Basic Earnings Per Share	$0.31	$0.29
Diluted Earnings Per Share	$0.31	$0.29
COMMON SHARES
Basic Shares Outstanding	112.6M shares	112.5M shares
Diluted Shares Outstanding	112.8M shares	112.7M shares

Balance Sheet

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$100.4M	$123.1M
YoY Change	603.73%	710.21%
Cash & Equivalents	$100.4M	$123.1M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$46.96M	$50.09M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$147.4M	$173.2M
YoY Change	139.16%	182.38%
LONG-TERM ASSETS
Property, Plant & Equipment	$3.576B	$3.558B
YoY Change	-3.77%	-2.77%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$40.15M	$40.60M
YoY Change	-4.25%	-3.98%
Other Assets	$151.3M	$163.4M
YoY Change	5.34%	9.25%
Total Long-Term Assets	$4.072B	$4.060B
YoY Change	-2.7%	-1.38%
TOTAL ASSETS
Total Short-Term Assets	$147.4M	$173.2M
Total Long-Term Assets	$4.072B	$4.060B
Total Assets	$4.219B	$4.233B
YoY Change	-0.64%	1.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$122.2M	$112.0M
YoY Change	-10.0%	-12.86%
Accrued Expenses	$33.82M	$33.14M
YoY Change	-0.31%	-5.03%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$223.4M	$216.6M
YoY Change	-4.67%	-6.11%
LONG-TERM LIABILITIES
Long-Term Debt	$2.390B	$2.417B
YoY Change	9.8%	13.82%
Other Long-Term Liabilities	$52.73M	$50.43M
YoY Change	44.57%	70.36%
Total Long-Term Liabilities	$2.443B	$2.467B
YoY Change	10.37%	14.6%
TOTAL LIABILITIES
Total Short-Term Liabilities	$223.4M	$216.6M
Total Long-Term Liabilities	$2.443B	$2.467B
Total Liabilities	$2.666B	$2.684B
YoY Change	5.98%	12.59%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$1.127M	$1.126M
YoY Change	0.18%	0.09%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.487B	$1.482B
YoY Change
Total Liabilities & Shareholders Equity	$4.219B	$4.233B
YoY Change	-0.64%	1.31%

Cashflow Statement

Concept	2024 Q2	2024 Q1
OPERATING ACTIVITIES
Net Income	$36.41M	$33.67M
YoY Change	20.8%	-58.12%
Depreciation, Depletion And Amortization	$38.16M	$38.96M
YoY Change	1.44%	3.62%
Cash From Operating Activities		$70.99M
YoY Change		20.84%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities		$73.00K
YoY Change		-41.6%
Cash From Investing Activities		-$78.91M
YoY Change		-192.64%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities		-$36.42M
YoY Change		-74.63%
NET CHANGE
Cash From Operating Activities		$70.99M
Cash From Investing Activities		-$78.91M
Cash From Financing Activities		-$36.42M
Net Change In Cash		-$44.34M
YoY Change		-11325.32%
FREE CASH FLOW
Cash From Operating Activities		$70.99M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	112555352	shares
CY2023Q4	us-gaap	Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssets
CY2024Q1	us-gaap	Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssets
CY2023Q4	us-gaap	Finance Lease Liability Statement Of Financial Position Extensible List FinanceLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#OtherLiabilities
CY2024Q1	us-gaap	Finance Lease Liability Statement Of Financial Position Extensible List FinanceLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#OtherLiabilities
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	112555352	shares
CY2024Q1	ofc	Other Property Revenue OtherPropertyRevenue	1230000	usd
CY2023Q1	ofc	Other Property Revenue OtherPropertyRevenue	1121000	usd
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	26603000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	15820000	usd
CY2024Q1	us-gaap	Revenues Revenues	193266000	usd
CY2023Q1	us-gaap	Revenues Revenues	167501000	usd
CY2024Q1	ofc	Cost Of Other Property Operating Expense Excluding Discontinued Operations CostOfOtherPropertyOperatingExpenseExcludingDiscontinuedOperations	66746000	usd
CY2023Q1	ofc	Cost Of Other Property Operating Expense Excluding Discontinued Operations CostOfOtherPropertyOperatingExpenseExcludingDiscontinuedOperations	59420000	usd
CY2024Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	38351000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	36995000	usd
CY2024Q1	ofc	Construction Contract And Other Service Expenses ConstructionContractAndOtherServiceExpenses	26007000	usd
CY2023Q1	ofc	Construction Contract And Other Service Expenses ConstructionContractAndOtherServiceExpenses	15201000	usd
CY2024Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	11747000	usd
CY2023Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	10490000	usd
CY2024Q1	us-gaap	Costs And Expenses CostsAndExpenses	142851000	usd
CY2023Q1	us-gaap	Costs And Expenses CostsAndExpenses	122106000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	20767000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	16442000	usd
CY2024Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	4122000	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	2256000	usd
CY2024Q1	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	0	usd
CY2023Q1	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	49378000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	33770000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	80587000	usd
CY2024Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	69000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-64000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	168000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	125000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	33671000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	80398000	usd
CY2024Q1	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable	608000	usd
CY2023Q1	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable	1293000	usd
CY2024Q1	ofc	Minority Interest In Net Income Loss Other Including Joint Ventures Minority Interests MinorityInterestInNetIncomeLossOtherIncludingJointVenturesMinorityInterests	454000	usd
CY2023Q1	ofc	Minority Interest In Net Income Loss Other Including Joint Ventures Minority Interests MinorityInterestInNetIncomeLossOtherIncludingJointVenturesMinorityInterests	326000	usd
CY2024Q1	ofc	Net Income Loss Available To Common Stockholders Including Participating Securities NetIncomeLossAvailableToCommonStockholdersIncludingParticipatingSecurities	32609000	usd
CY2023Q1	ofc	Net Income Loss Available To Common Stockholders Including Participating Securities NetIncomeLossAvailableToCommonStockholdersIncludingParticipatingSecurities	78779000	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.29
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.70
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.29
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.70
CY2024Q1	us-gaap	Profit Loss ProfitLoss	33671000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	80398000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	2981000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	-215000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	1180000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	591000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	1801000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-806000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	35472000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	79592000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	1129000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	1531000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	34343000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	78061000	usd
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	112423893	shares
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1721455000	usd
CY2023Q1	us-gaap	Partners Capital Account Redemptions PartnersCapitalAccountRedemptions	373000	usd
CY2023Q1	us-gaap	Stock Issued During Period Shares Share Based Compensation StockIssuedDuringPeriodSharesShareBasedCompensation	89964	shares
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1814000	usd
CY2023Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	1113000	usd
CY2023Q1	ofc	Noncontrolling Interest Increase Decrease From Changes In Ownership NoncontrollingInterestIncreaseDecreaseFromChangesInOwnership	0	usd
CY2023Q1	ofc	Comprehensive Income Loss Net Of Tax After Redeemable Noncontrolling Interest Adjustments ComprehensiveIncomeLossNetOfTaxAfterRedeemableNoncontrollingInterestAdjustments	78893000	usd
CY2023Q1	us-gaap	Dividends Dividends	32091000	usd
CY2023Q1	ofc	Minority Interest Decrease From Distributions To Operating Partnership Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToOperatingPartnershipNoncontrollingInterestHolders	544000	usd
CY2023Q1	ofc	Minority Interest Decrease From Distributions Including Joint Ventures MinorityInterestDecreaseFromDistributionsIncludingJointVentures	8000	usd
CY2023Q1	ofc	Adjustment For Changes In Fair Value Of Redeemable Noncontrolling Interests AdjustmentForChangesInFairValueOfRedeemableNoncontrollingInterests	781000	usd
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	112513857	shares
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1768814000	usd
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	112555352	shares
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1523755000	usd
CY2024Q1	us-gaap	Partners Capital Account Redemptions PartnersCapitalAccountRedemptions	1180000	usd
CY2024Q1	us-gaap	Stock Issued During Period Shares Share Based Compensation StockIssuedDuringPeriodSharesShareBasedCompensation	85509	shares
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	2810000	usd
CY2024Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	1039000	usd
CY2024Q1	ofc	Noncontrolling Interest Increase Decrease From Changes In Ownership NoncontrollingInterestIncreaseDecreaseFromChangesInOwnership	0	usd
CY2024Q1	ofc	Comprehensive Income Loss Net Of Tax After Redeemable Noncontrolling Interest Adjustments ComprehensiveIncomeLossNetOfTaxAfterRedeemableNoncontrollingInterestAdjustments	35003000	usd
CY2024Q1	us-gaap	Dividends Dividends	33255000	usd
CY2024Q1	ofc	Minority Interest Decrease From Distributions To Operating Partnership Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToOperatingPartnershipNoncontrollingInterestHolders	655000	usd
CY2024Q1	ofc	Minority Interest Decrease From Distributions Including Joint Ventures MinorityInterestDecreaseFromDistributionsIncludingJointVentures	8000	usd
CY2024Q1	ofc	Adjustment For Changes In Fair Value Of Redeemable Noncontrolling Interests AdjustmentForChangesInFairValueOfRedeemableNoncontrollingInterests	615000	usd
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	112640861	shares
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1526046000	usd
CY2024Q1	ofc	Revenues From Real Estate Operations Received RevenuesFromRealEstateOperationsReceived	173830000	usd
CY2023Q1	ofc	Revenues From Real Estate Operations Received RevenuesFromRealEstateOperationsReceived	152273000	usd
CY2024Q1	ofc	Construction Contract And Other Service Revenues Received ConstructionContractAndOtherServiceRevenuesReceived	11445000	usd
CY2023Q1	ofc	Construction Contract And Other Service Revenues Received ConstructionContractAndOtherServiceRevenuesReceived	18765000	usd
CY2024Q1	ofc	Property Operating Expenses Paid PropertyOperatingExpensesPaid	58314000	usd
CY2023Q1	ofc	Property Operating Expenses Paid PropertyOperatingExpensesPaid	55753000	usd
CY2024Q1	ofc	Construction Contract And Other Service Expenses Paid ConstructionContractAndOtherServiceExpensesPaid	18894000	usd
CY2023Q1	ofc	Construction Contract And Other Service Expenses Paid ConstructionContractAndOtherServiceExpensesPaid	21999000	usd
CY2024Q1	ofc	General And Administrative Leasing And Other Expenses Paid GeneralAndAdministrativeLeasingAndOtherExpensesPaid	11828000	usd
CY2023Q1	ofc	General And Administrative Leasing And Other Expenses Paid GeneralAndAdministrativeLeasingAndOtherExpensesPaid	11681000	usd
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	20996000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	12031000	usd
CY2024Q1	ofc	Paymentsof Lease Incentives PaymentsofLeaseIncentives	6578000	usd
CY2023Q1	ofc	Paymentsof Lease Incentives PaymentsofLeaseIncentives	10350000	usd
CY2024Q1	ofc	Interest And Other Income Received InterestAndOtherIncomeReceived	3551000	usd
CY2023Q1	ofc	Interest And Other Income Received InterestAndOtherIncomeReceived	1316000	usd
CY2024Q1	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-1226000	usd
CY2023Q1	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-1795000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	70990000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	58745000	usd
CY2024Q1	us-gaap	Payments To Acquire Commercial Real Estate PaymentsToAcquireCommercialRealEstate	15210000	usd
CY2023Q1	us-gaap	Payments To Acquire Commercial Real Estate PaymentsToAcquireCommercialRealEstate	0	usd
CY2024Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	39932000	usd
CY2023Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	71282000	usd
CY2024Q1	us-gaap	Payments For Tenant Improvements PaymentsForTenantImprovements	7946000	usd
CY2023Q1	us-gaap	Payments For Tenant Improvements PaymentsForTenantImprovements	22568000	usd
CY2024Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	13084000	usd
CY2023Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	5512000	usd
CY2024Q1	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	0	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	189325000	usd
CY2024Q1	us-gaap	Payments For Leasing Costs PaymentsForLeasingCosts	2666000	usd
CY2023Q1	us-gaap	Payments For Leasing Costs PaymentsForLeasingCosts	4655000	usd
CY2024Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	73000	usd
CY2023Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	125000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-78911000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	85183000	usd
CY2024Q1	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	0	usd
CY2023Q1	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	95000000	usd
CY2024Q1	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	0	usd
CY2023Q1	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	188000000	usd
CY2024Q1	ofc	Scheduled Principal Amortization Repayments Of Long Term Debt ScheduledPrincipalAmortizationRepaymentsOfLongTermDebt	769000	usd
CY2023Q1	ofc	Scheduled Principal Amortization Repayments Of Long Term Debt ScheduledPrincipalAmortizationRepaymentsOfLongTermDebt	790000	usd
CY2024Q1	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	0	usd
CY2023Q1	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	15902000	usd
CY2024Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	32104000	usd
CY2023Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	30941000	usd
CY2024Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-3546000	usd
CY2023Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-2900000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-36419000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-143533000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-44340000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	395000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	169424000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	16509000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	125084000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	16904000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	33671000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	80398000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	38959000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	37597000	usd
CY2024Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	1699000	usd
CY2023Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	1250000	usd
CY2024Q1	us-gaap	Straight Line Rent StraightLineRent	-496000	usd
CY2023Q1	us-gaap	Straight Line Rent StraightLineRent	6869000	usd
CY2024Q1	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	0	usd
CY2023Q1	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	49378000	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	2645000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1733000	usd
CY2024Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	178000	usd
CY2023Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	376000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	1303000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	2802000	usd
CY2024Q1	ofc	Increase Decrease In Lease Incentives And Prepaid Expenses And Other Assets Net IncreaseDecreaseInLeaseIncentivesAndPrepaidExpensesAndOtherAssetsNet	2498000	usd
CY2023Q1	ofc	Increase Decrease In Lease Incentives And Prepaid Expenses And Other Assets Net IncreaseDecreaseInLeaseIncentivesAndPrepaidExpensesAndOtherAssetsNet	-9361000	usd
CY2024Q1	us-gaap	Increase Decrease In Operating Liabilities IncreaseDecreaseInOperatingLiabilities	-4649000	usd
CY2023Q1	us-gaap	Increase Decrease In Operating Liabilities IncreaseDecreaseInOperatingLiabilities	-16806000	usd
CY2024Q1	ofc	Increase Decrease In Advance Rent And Security Deposit Liability IncreaseDecreaseInAdvanceRentAndSecurityDepositLiability	2148000	usd
CY2023Q1	ofc	Increase Decrease In Advance Rent And Security Deposit Liability IncreaseDecreaseInAdvanceRentAndSecurityDepositLiability	4637000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	70990000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	58745000	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	167820000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	12337000	usd
CY2023Q4	us-gaap	Restricted Cash RestrictedCash	1604000	usd
CY2022Q4	us-gaap	Restricted Cash RestrictedCash	4172000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	169424000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	16509000	usd
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	123144000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	15199000	usd
CY2024Q1	us-gaap	Restricted Cash RestrictedCash	1940000	usd
CY2023Q1	us-gaap	Restricted Cash RestrictedCash	1705000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	125084000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	16904000	usd
CY2024Q1	ofc	Increase Decrease In Accrued Capital Improvements Leasing And Other Investing Activity Costs IncreaseDecreaseInAccruedCapitalImprovementsLeasingAndOtherInvestingActivityCosts	-19113000	usd
CY2023Q1	ofc	Increase Decrease In Accrued Capital Improvements Leasing And Other Investing Activity Costs IncreaseDecreaseInAccruedCapitalImprovementsLeasingAndOtherInvestingActivityCosts	-11043000	usd
CY2024Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	277000	usd
CY2023Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	6697000	usd
CY2024Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	0	usd
CY2023Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	434000	usd
CY2024Q1	ofc	Increasein Investmentin Unconsolidated Real Estate Joint Venturein Connection With Partial Saleof Properties IncreaseinInvestmentinUnconsolidatedRealEstateJointVentureinConnectionWithPartialSaleofProperties	0	usd
CY2023Q1	ofc	Increasein Investmentin Unconsolidated Real Estate Joint Venturein Connection With Partial Saleof Properties IncreaseinInvestmentinUnconsolidatedRealEstateJointVentureinConnectionWithPartialSaleofProperties	21121000	usd
CY2024Q1	ofc	Increase Decrease In Fair Value Of Derivatives Applied To Aocl And Noncontrolling Interests IncreaseDecreaseInFairValueOfDerivativesAppliedToAoclAndNoncontrollingInterests	1801000	usd
CY2023Q1	ofc	Increase Decrease In Fair Value Of Derivatives Applied To Aocl And Noncontrolling Interests IncreaseDecreaseInFairValueOfDerivativesAppliedToAoclAndNoncontrollingInterests	-806000	usd
CY2024Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	33906000	usd
CY2023Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	32630000	usd
CY2024Q1	ofc	Equity Change Adjustments To Additional Paid In Capital Reallocation Of Minority Interest EquityChangeAdjustmentsToAdditionalPaidInCapitalReallocationOfMinorityInterest	3255000	usd
CY2023Q1	ofc	Equity Change Adjustments To Additional Paid In Capital Reallocation Of Minority Interest EquityChangeAdjustmentsToAdditionalPaidInCapitalReallocationOfMinorityInterest	2342000	usd
CY2024Q1	us-gaap	Minority Interest Change In Redemption Value MinorityInterestChangeInRedemptionValue	-615000	usd
CY2023Q1	us-gaap	Minority Interest Change In Redemption Value MinorityInterestChangeInRedemptionValue	-781000	usd
CY2024Q1	us-gaap	Nature Of Operations NatureOfOperations	Organization<div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">COPT Defense Properties (“COPT Defense”) and subsidiaries (collectively, the “Company”, “we” or “us”) is a fully-integrated and self-managed real estate investment trust (“REIT”) focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government (“USG”) defense installations and missions (which we refer to herein as our Defense/IT Portfolio). Our tenants include the USG and their defense contractors, who are primarily engaged in priority national security activities, and who generally require mission-critical and high security property enhancements. As of March 31, 2024, our Defense/IT Portfolio included:</span></div><div style="text-indent:18pt"><span><br/></span></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:14.85pt">193 operating properties totaling 22.0 million square feet comprised of 16.3 million square feet in 163 office properties and 5.7 million square feet in 30 single-tenant data center shells. We owned 24 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:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:14.85pt">six properties under development (three office properties and three data center shells), including one partially-operational property, that will total approximately 959,000 square feet upon completion; and</span></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:14.85pt">approximately 650 acres of land controlled that we believe could be developed into approximately 7.7 million square feet.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:112%">We also owned eight other operating properties totaling 2.1 million square feet and approximately 50 acres of other developable land in the Greater Washington, DC/Baltimore region as of March 31, 2024.</span></div><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We conduct almost all of our operations and own almost all of our assets through our operating partnership, COPT Defense Properties, L.P. (“CDPLP”) and subsidiaries (collectively, the “Operating Partnership”), of which COPT Defense is the sole general partner. CDPLP owns real estate directly and through subsidiary partnerships and limited liability companies (“LLCs”). In addition to owning real estate, CDPLP 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:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Equity interests in CDPLP are in the form of common and preferred units. As of March 31, 2024, COPT Defense owned 97.5% of the outstanding CDPLP common units (“common units”) and there were no preferred units outstanding. Common units not owned by COPT Defense carry certain redemption rights. The number of common units owned by COPT Defense is equivalent to the number of outstanding common shares of beneficial interest (“common shares”) of COPT Defense, and the entitlement of common units to quarterly distributions and payments in liquidation is substantially the same as that of COPT Defense common shareholders.</span></div>COPT Defense’s common shares are publicly traded on the New York Stock Exchange (“NYSE”) under the ticker symbol “CDP”.
CY2024Q1	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Reclassifications</span></div><div><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">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>
CY2024Q1	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	126198000	usd
CY2023Q1	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	116039000	usd
CY2024Q1	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	39235000	usd
CY2023Q1	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	34521000	usd
CY2024Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	165433000	usd
CY2023Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	150560000	usd
CY2024Q1	ofc	Lessee Right Of Use Asset Carrying Value LesseeRightOfUseAssetCarryingValue	42900000	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	40368000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	41296000	usd
CY2024Q1	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	2547000	usd
CY2023Q4	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	2565000	usd
CY2024Q1	ofc	Lease Rightof Use Assets LeaseRightofUseAssets	42915000	usd
CY2023Q4	ofc	Lease Rightof Use Assets LeaseRightofUseAssets	43861000	usd
CY2024Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	33141000	usd
CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	33931000	usd
CY2024Q1	us-gaap	Finance Lease Liability FinanceLeaseLiability	409000	usd
CY2023Q4	us-gaap	Finance Lease Liability FinanceLeaseLiability	415000	usd
CY2024Q1	ofc	Lease Liability LeaseLiability	33550000	usd
CY2023Q4	ofc	Lease Liability LeaseLiability	34346000	usd
CY2024Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P51Y
CY2024Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0732
CY2024Q1	us-gaap	Finance Lease Weighted Average Remaining Lease Term1 FinanceLeaseWeightedAverageRemainingLeaseTerm1	P9Y
CY2024Q1	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.0914
CY2024Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	1859000	usd
CY2023Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	1535000	usd
CY2024Q1	us-gaap	Variable Lease Cost VariableLeaseCost	34000	usd
CY2023Q1	us-gaap	Variable Lease Cost VariableLeaseCost	17000	usd
CY2024Q1	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	19000	usd
CY2023Q1	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	20000	usd
CY2024Q1	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	9000	usd
CY2023Q1	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	13000	usd
CY2024Q1	us-gaap	Lease Cost LeaseCost	1921000	usd
CY2023Q1	us-gaap	Lease Cost LeaseCost	1585000	usd
CY2024Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	1724000	usd
CY2023Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	1185000	usd
CY2024Q1	us-gaap	Finance Lease Interest Payment On Liability FinanceLeaseInterestPaymentOnLiability	9000	usd
CY2023Q1	us-gaap	Finance Lease Interest Payment On Liability FinanceLeaseInterestPaymentOnLiability	13000	usd
CY2024Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	6000	usd
CY2023Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	4000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	5099000	usd
CY2024Q1	us-gaap	Finance Lease Liability Payments Remainder Of Fiscal Year FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear	46000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	2403000	usd
CY2024Q1	us-gaap	Finance Lease Liability Payments Due Next Twelve Months FinanceLeaseLiabilityPaymentsDueNextTwelveMonths	63000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	1815000	usd
CY2024Q1	us-gaap	Finance Lease Liability Payments Due Year Two FinanceLeaseLiabilityPaymentsDueYearTwo	65000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	1830000	usd
CY2024Q1	us-gaap	Finance Lease Liability Payments Due Year Three FinanceLeaseLiabilityPaymentsDueYearThree	66000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	1847000	usd
CY2024Q1	us-gaap	Finance Lease Liability Payments Due Year Four FinanceLeaseLiabilityPaymentsDueYearFour	69000	usd
CY2024Q1	ofc	Lessee Operating Lease Liabilitytobe Paidafter Year Four LesseeOperatingLeaseLiabilitytobePaidafterYearFour	139906000	usd
CY2024Q1	ofc	Finance Lease Liability Payments Due After Year Four FinanceLeaseLiabilityPaymentsDueAfterYearFour	297000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	152900000	usd
CY2024Q1	us-gaap	Finance Lease Liability Payments Due FinanceLeaseLiabilityPaymentsDue	606000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	119759000	usd
CY2024Q1	us-gaap	Finance Lease Liability Undiscounted Excess Amount FinanceLeaseLiabilityUndiscountedExcessAmount	197000	usd
CY2024Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	33141000	usd
CY2024Q1	us-gaap	Finance Lease Liability FinanceLeaseLiability	409000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	23717000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	646300000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	0	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	345000000	usd
CY2024Q1	ofc	Long Term Debt Maturity After Year Four LongTermDebtMaturityAfterYearFour	1400000000	usd
CY2024Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	2444231000	usd
CY2024Q1	ofc	Debt Instrument Unamortized Discount Premiumand Deferred Financing Costs Net DebtInstrumentUnamortizedDiscountPremiumandDeferredFinancingCostsNet	27400000	usd
CY2024Q1	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	589000	usd
CY2023Q1	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	770000	usd
CY2024Q1	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	40600000	usd
CY2023Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	41100000	usd
CY2024Q1	us-gaap	Long Term Debt LongTermDebt	2416873000	usd
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	2416287000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	29214000	usd
CY2024Q1	us-gaap	Interest Rate Derivatives At Fair Value Net InterestRateDerivativesAtFairValueNet	4359000	usd
CY2023Q4	us-gaap	Interest Rate Derivatives At Fair Value Net InterestRateDerivativesAtFairValueNet	2558000	usd
CY2023Q4	us-gaap	Redeemable Noncontrolling Interest Equity Fair Value RedeemableNoncontrollingInterestEquityFairValue	23580000	usd
CY2022Q4	us-gaap	Redeemable Noncontrolling Interest Equity Fair Value RedeemableNoncontrollingInterestEquityFairValue	26293000	usd
CY2024Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	468000	usd
CY2023Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	763000	usd
CY2024Q1	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	469000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	699000	usd
CY2024Q1	us-gaap	Minority Interest Change In Redemption Value MinorityInterestChangeInRedemptionValue	-615000	usd
CY2023Q1	us-gaap	Minority Interest Change In Redemption Value MinorityInterestChangeInRedemptionValue	-781000	usd
CY2024Q1	us-gaap	Redeemable Noncontrolling Interest Equity Fair Value RedeemableNoncontrollingInterestEquityFairValue	22966000	usd
CY2023Q1	us-gaap	Redeemable Noncontrolling Interest Equity Fair Value RedeemableNoncontrollingInterestEquityFairValue	25448000	usd
CY2024Q1	ofc	At Market Stock Offering Program Established Aggregate Value AtMarketStockOfferingProgramEstablishedAggregateValue	300000000	usd
CY2024Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.295
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.285
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	26603000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	15820000	usd
CY2024Q1	us-gaap	Revenues Revenues	193266000	usd
CY2023Q1	us-gaap	Revenues Revenues	167501000	usd
CY2024Q1	ofc	Unconsolidated Joint Venture Net Operating Income Allocableto Parent UnconsolidatedJointVentureNetOperatingIncomeAllocabletoParent	1740000	usd
CY2023Q1	ofc	Unconsolidated Joint Venture Net Operating Income Allocableto Parent UnconsolidatedJointVentureNetOperatingIncomeAllocabletoParent	1642000	usd
CY2024Q1	ofc	Income Lossfrom Equity Method Investments Allocableto Depreciation Amortizationand Interest Expense IncomeLossfromEquityMethodInvestmentsAllocabletoDepreciationAmortizationandInterestExpense	1671000	usd
CY2023Q1	ofc	Income Lossfrom Equity Method Investments Allocableto Depreciation Amortizationand Interest Expense IncomeLossfromEquityMethodInvestmentsAllocabletoDepreciationAmortizationandInterestExpense	1704000	usd
CY2024Q1	ofc	Income Lossin Non Real Estate Equity Method Investments IncomeLossinNonRealEstateEquityMethodInvestments	0	usd
CY2023Q1	ofc	Income Lossin Non Real Estate Equity Method Investments IncomeLossinNonRealEstateEquityMethodInvestments	-2000	usd
CY2024Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	69000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-64000	usd
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	26603000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	15820000	usd
CY2024Q1	ofc	Construction Contract And Other Service Expenses ConstructionContractAndOtherServiceExpenses	26007000	usd
CY2023Q1	ofc	Construction Contract And Other Service Expenses ConstructionContractAndOtherServiceExpenses	15201000	usd
CY2024Q1	ofc	Depreciation And Amortization For Real Estate Operations DepreciationAndAmortizationForRealEstateOperations	38351000	usd
CY2023Q1	ofc	Depreciation And Amortization For Real Estate Operations DepreciationAndAmortizationForRealEstateOperations	36995000	usd
CY2024Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	11747000	usd
CY2023Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	10490000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	20767000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	16442000	usd
CY2024Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	4122000	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	2256000	usd
CY2024Q1	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	0	usd
CY2023Q1	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	49378000	usd
CY2024Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	69000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-64000	usd
CY2024Q1	ofc	Unconsolidated Joint Venture Net Operating Income Allocableto Parent UnconsolidatedJointVentureNetOperatingIncomeAllocabletoParent	1740000	usd
CY2023Q1	ofc	Unconsolidated Joint Venture Net Operating Income Allocableto Parent UnconsolidatedJointVentureNetOperatingIncomeAllocabletoParent	1642000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	168000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	125000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	33671000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	80398000	usd
CY2024Q1	us-gaap	Assets Assets	4232895000	usd
CY2023Q1	us-gaap	Assets Assets	4177992000	usd
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	26603000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	15820000	usd
CY2023Q4	ofc	Credit Losses Financial Assetsand Other Instruments Allowancefor Credit Loss CreditLossesFinancialAssetsandOtherInstrumentsAllowanceforCreditLoss	3196000	usd
CY2024Q1	ofc	Credit Losses Financial Assetsand Other Instruments Allowancefor Credit Loss Expense Reversal CreditLossesFinancialAssetsandOtherInstrumentsAllowanceforCreditLossExpenseReversal	22000	usd
CY2024Q1	ofc	Credit Losses Financial Assetsand Other Instruments Allowancefor Credit Loss CreditLossesFinancialAssetsandOtherInstrumentsAllowanceforCreditLoss	3218000	usd
CY2022Q4	ofc	Credit Losses Financial Assetsand Other Instruments Allowancefor Credit Loss CreditLossesFinancialAssetsandOtherInstrumentsAllowanceforCreditLoss	3840000	usd
CY2023Q1	ofc	Credit Losses Financial Assetsand Other Instruments Allowancefor Credit Loss Expense Reversal CreditLossesFinancialAssetsandOtherInstrumentsAllowanceforCreditLossExpenseReversal	67000	usd
CY2023Q1	ofc	Credit Losses Financial Assets And Other Instruments Write Offs CreditLossesFinancialAssetsAndOtherInstrumentsWriteOffs	33000	usd
CY2023Q1	ofc	Credit Losses Financial Assetsand Other Instruments Allowancefor Credit Loss CreditLossesFinancialAssetsandOtherInstrumentsAllowanceforCreditLoss	3874000	usd
CY2024Q1	ofc	Net Income Loss Available To Common Stockholders Including Participating Securities NetIncomeLossAvailableToCommonStockholdersIncludingParticipatingSecurities	32609000	usd
CY2023Q1	ofc	Net Income Loss Available To Common Stockholders Including Participating Securities NetIncomeLossAvailableToCommonStockholdersIncludingParticipatingSecurities	78779000	usd
CY2024Q1	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	150000	usd
CY2023Q1	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	297000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	32459000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	78482000	usd
CY2024Q1	ofc	Dilutive Securities Effect On Basic Earnings Per Share Dilutive Redeemable Noncontrolling Interests DilutiveSecuritiesEffectOnBasicEarningsPerShareDilutiveRedeemableNoncontrollingInterests	0	usd
CY2023Q1	ofc	Dilutive Securities Effect On Basic Earnings Per Share Dilutive Redeemable Noncontrolling Interests DilutiveSecuritiesEffectOnBasicEarningsPerShareDilutiveRedeemableNoncontrollingInterests	-64000	usd
CY2024Q1	us-gaap	Amount Of Dilutive Securities Stock Options And Restrictive Stock Units AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits	21000	usd
CY2023Q1	us-gaap	Amount Of Dilutive Securities Stock Options And Restrictive Stock Units AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits	49000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	32480000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	78467000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	112231000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	112127000	shares
CY2024Q1	ofc	Incremental Common Shares Attributableto Dilutive Effectof Redeemable Noncontrolling Interests IncrementalCommonSharesAttributabletoDilutiveEffectofRedeemableNoncontrollingInterests	0	shares
CY2023Q1	ofc	Incremental Common Shares Attributableto Dilutive Effectof Redeemable Noncontrolling Interests IncrementalCommonSharesAttributabletoDilutiveEffectofRedeemableNoncontrollingInterests	91000	shares
CY2024Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	509000	shares
CY2023Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	410000	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	112740000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	112628000	shares
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.29
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.70
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.29
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.70
CY2024Q1	us-gaap	Loss Contingency Estimate Of Possible Loss LossContingencyEstimateOfPossibleLoss	4600000	usd
CY2024Q1	ofc	Property Subjectto Environmental Indemnity Numberof Properties PropertySubjecttoEnvironmentalIndemnityNumberofProperties	3	property
CY2024Q1	ofc	Maximum Additional Costs Agreed To Be Paid By The Entity Under Environmental Indemnification Agreement MaximumAdditionalCostsAgreedToBePaidByTheEntityUnderEnvironmentalIndemnificationAgreement	19000000	usd
CY2024Q1	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0000860546-24-000039-index-headers.html	Edgar Link	pending
0000860546-24-000039-index.html	Edgar Link	pending
0000860546-24-000039.txt	Edgar Link	pending
0000860546-24-000039-xbrl.zip	Edgar Link	pending
cdp03312024ex101.htm	Edgar Link	pending
cdp03312024ex311.htm	Edgar Link	pending
cdp03312024ex312.htm	Edgar Link	pending
cdp03312024ex321.htm	Edgar Link	pending
cdp03312024ex322.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
ofc-20240331.htm	Edgar Link	pending
ofc-20240331.xsd	Edgar Link	pending
ofc-20240331_g1.jpg	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
ofc-20240331_cal.xml	Edgar Link	unprocessable
ofc-20240331_lab.xml	Edgar Link	unprocessable
ofc-20240331_pre.xml	Edgar Link	unprocessable
ofc-20240331_htm.xml	Edgar Link	completed
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.htm	Edgar Link	pending
R62.htm	Edgar Link	pending
R63.htm	Edgar Link	pending
R64.htm	Edgar Link	pending
R65.htm	Edgar Link	pending
R66.htm	Edgar Link	pending
R67.htm	Edgar Link	pending
R68.htm	Edgar Link	pending
R69.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R70.htm	Edgar Link	pending
R71.htm	Edgar Link	pending
R72.htm	Edgar Link	pending
R73.htm	Edgar Link	pending
R74.htm	Edgar Link	pending
R75.htm	Edgar Link	pending
R76.htm	Edgar Link	pending
R77.htm	Edgar Link	pending
R78.htm	Edgar Link	pending
R79.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R80.htm	Edgar Link	pending
R81.htm	Edgar Link	pending
R82.htm	Edgar Link	pending
R83.htm	Edgar Link	pending
R84.htm	Edgar Link	pending
R85.htm	Edgar Link	pending
R86.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
ofc-20240331_def.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$CDP
COPT Defense Properties Stock $cdp

2024 Q2 Form 10-Q Financial Statement

#000086054624000039 Filed on May 01, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CDP COPT Defense Properties Stock $cdp

2024 Q2 Form 10-Q Financial Statement

#000086054624000039 Filed on May 01, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CDP
COPT Defense Properties Stock $cdp