2023 Q1 Form 10-K Financial Statement

#000090634523000008 Filed on February 23, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $578.0K $375.9M $5.188M
YoY Change -76.41% 23.1% -50.74%
Cost Of Revenue $143.4M $134.9M $498.1M
YoY Change 20.8% 21.13% 19.44%
Gross Profit $234.8M $241.0M -$492.9M
YoY Change 21.86% 24.24% 21.25%
Gross Profit Margin 40617.99% 64.11% -9500.64%
Selling, General & Admin $15.36M $15.89M $60.41M
YoY Change 3.83% 6.34% 1.76%
% of Gross Profit 6.54% 6.59%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $142.4M $147.3M $577.0M
YoY Change 25.9% 26.41% 37.16%
% of Gross Profit 60.67% 61.11%
Operating Expenses $157.2M $162.2M $632.2M
YoY Change 25.3% 26.12% 34.66%
Operating Profit $77.55M $78.75M -$1.125B
YoY Change 15.43% 20.53% 28.44%
Interest Expense $32.84M -$30.53M $113.4M
YoY Change 33.82% 43.56% 16.58%
% of Operating Profit 42.35% -38.77%
Other Income/Expense, Net
YoY Change
Pretax Income $44.77M $48.22M $664.5M
YoY Change -46.82% -77.93% 111.43%
Income Tax $1.150M $753.0K $2.966M
% Of Pretax Income 2.57% 1.56% 0.45%
Net Earnings $41.92M $45.65M $653.6M
YoY Change -48.09% -78.56% 115.07%
Net Earnings / Revenue 7252.08% 12.14% 12598.55%
Basic Earnings Per Share $0.39 $6.07
Diluted Earnings Per Share $0.39 $0.42 $6.04
COMMON SHARES
Basic Shares Outstanding 106.7M shares 106.5M shares 107.6M shares
Diluted Shares Outstanding 108.6M shares 108.4M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $20.42M $10.69M $10.69M
YoY Change -98.19% -98.26% -98.26%
Cash & Equivalents $20.42M $10.69M $10.69M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $12.12M $13.36M $13.36M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $32.54M $24.05M $24.05M
YoY Change -97.15% -96.19% -96.19%
LONG-TERM ASSETS
Property, Plant & Equipment $9.029B $9.074B $9.074B
YoY Change 28.15% 27.96% 27.84%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $0.00
YoY Change -100.0% -100.0%
Other Assets $6.863M $6.751M $6.751M
YoY Change 18.78% 20.79% 20.79%
Total Long-Term Assets $9.263B $9.304B $9.304B
YoY Change 26.54% 26.67% 26.67%
TOTAL ASSETS
Total Short-Term Assets $32.54M $24.05M $24.05M
Total Long-Term Assets $9.263B $9.304B $9.304B
Total Assets $9.295B $9.328B $9.328B
YoY Change 9.84% 16.94% 16.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $191.5M $211.4M $211.4M
YoY Change 12.65% 10.29% 10.29%
Accrued Expenses $7.800M $8.400M $8.400M
YoY Change -16.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $247.5M $246.6M $246.6M
YoY Change -36.08% -36.16%
Total Short-Term Liabilities $357.8M $665.5M $665.5M
YoY Change -48.52% 91.74% -10.47%
LONG-TERM LIABILITIES
Long-Term Debt $3.748B $3.434B $3.434B
YoY Change 14.12% 8.33% 23.36%
Other Long-Term Liabilities $186.0M $171.2M $171.2M
YoY Change -5.59% -11.34% -6.5%
Total Long-Term Liabilities $3.934B $3.605B $3.605B
YoY Change 13.0% 7.2% 21.51%
TOTAL LIABILITIES
Total Short-Term Liabilities $357.8M $665.5M $665.5M
Total Long-Term Liabilities $3.934B $3.605B $3.605B
Total Liabilities $4.292B $4.271B $4.341B
YoY Change 2.76% 15.11% 14.87%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $5.903B $5.897B
YoY Change 9.4% 9.95%
Preferred Stock
YoY Change
Treasury Stock (at cost) $321.4M $328.7M
YoY Change -2.46% -1.58%
Treasury Stock Shares 9.090M shares
Shareholders Equity $4.933B $4.987B $4.987B
YoY Change
Total Liabilities & Shareholders Equity $9.295B $9.328B $9.328B
YoY Change 9.84% 16.94% 16.94%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income $41.92M $45.65M $653.6M
YoY Change -48.09% -78.56% 115.07%
Depreciation, Depletion And Amortization $142.4M $147.3M $577.0M
YoY Change 25.9% 26.41% 37.16%
Cash From Operating Activities $139.7M $168.2M $744.7M
YoY Change 14.25% 18.9% 28.96%
INVESTING ACTIVITIES
Capital Expenditures $91.91M $106.9M $449.4M
YoY Change -201.52% -171.74% -204.83%
Acquisitions
YoY Change
Other Investing Activities $1.627M -$1.207M $6.831M
YoY Change -71.44% -101.2% -289.91%
Cash From Investing Activities -$93.54M -$108.1M -$1.456B
YoY Change 91.24% 122.27% 81.03%
FINANCING ACTIVITIES
Cash Dividend Paid $103.6M $396.8M
YoY Change 16.68% 15.68%
Common Stock Issuance & Retirement, Net $516.8M
YoY Change -31.93%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$36.33M -111.1M $109.9M
YoY Change -108.2% -219.9% -73.91%
NET CHANGE
Cash From Operating Activities $139.7M 168.2M $744.7M
Cash From Investing Activities -$93.54M -108.1M -$1.456B
Cash From Financing Activities -$36.33M -111.1M $109.9M
Net Change In Cash $9.844M -50.98M -$601.5M
YoY Change -98.09% -127.49% -409.36%
FREE CASH FLOW
Cash From Operating Activities $139.7M $168.2M $744.7M
Capital Expenditures $91.91M $106.9M $449.4M
Free Cash Flow $47.80M $61.28M $295.3M
YoY Change -77.54% -78.9% -70.65%

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552512000 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-176000 usd
CY2022 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
36372000 usd
CY2021 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
174384000 usd
CY2020 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
382000 usd
CY2022 cpt Gain On Acquisition Of Unconsolidated Joint Venture Interests
GainOnAcquisitionOfUnconsolidatedJointVentureInterests
474146000 usd
CY2022 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
3048000 usd
CY2021 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
9777000 usd
CY2020 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
8052000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
664474000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
314269000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
130551000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2966000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1893000 usd
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1972000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
661508000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
312376000 usd
CY2020 us-gaap Profit Loss
ProfitLoss
128579000 usd
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
7895000 usd
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
8469000 usd
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4668000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
653613000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
303907000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
123911000 usd
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.07
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.97
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.24
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.04
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.96
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.24
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
107605000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
101999000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
99385000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
108388000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
102829000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
99438000 shares
CY2022 us-gaap Profit Loss
ProfitLoss
661508000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
312376000 usd
CY2020 us-gaap Profit Loss
ProfitLoss
128579000 usd
CY2022 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-489000 usd
CY2021 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-154000 usd
CY2020 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
318000 usd
CY2022 cpt Reclassificationofnetlossoncashflowhedgingactivitiespriorservicecostandnetlossonpostretirementobligation
Reclassificationofnetlossoncashflowhedgingactivitiespriorservicecostandnetlossonpostretirementobligation
1476000 usd
CY2021 cpt Reclassificationofnetlossoncashflowhedgingactivitiespriorservicecostandnetlossonpostretirementobligation
Reclassificationofnetlossoncashflowhedgingactivitiespriorservicecostandnetlossonpostretirementobligation
1490000 usd
CY2020 cpt Reclassificationofnetlossoncashflowhedgingactivitiespriorservicecostandnetlossonpostretirementobligation
Reclassificationofnetlossoncashflowhedgingactivitiespriorservicecostandnetlossonpostretirementobligation
1464000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
663473000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
314020000 usd
CY2020 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
129725000 usd
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
7895000 usd
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
8469000 usd
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4668000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
655578000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
305551000 usd
CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
125057000 usd
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3701724000 usd
CY2020 cpt Net Income Attributable To Common Shareholders And Noncontrolling Interests
NetIncomeAttributableToCommonShareholdersAndNoncontrollingInterests
128579000 usd
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1146000 usd
CY2020 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
20181000 usd
CY2020 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
2159000 usd
CY2020 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
336626000 usd
CY2020 us-gaap Stockholders Equity Other
StockholdersEquityOther
576000 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3516587000 usd
CY2021 cpt Net Income Attributable To Common Shareholders And Noncontrolling Interests
NetIncomeAttributableToCommonShareholdersAndNoncontrollingInterests
312376000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1644000 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
759209000 usd
CY2021 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
20160000 usd
CY2021 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
4230000 usd
CY2021 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 usd
CY2021 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
347731000 usd
CY2021 us-gaap Stockholders Equity Other
StockholdersEquityOther
220000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4266255000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4266255000 usd
CY2022 cpt Net Income Attributable To Common Shareholders And Noncontrolling Interests
NetIncomeAttributableToCommonShareholdersAndNoncontrollingInterests
661508000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1965000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
516758000 usd
CY2022 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
20762000 usd
CY2022 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1850000 usd
CY2022 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 usd
CY2022 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
411731000 usd
CY2022 us-gaap Stockholders Equity Other
StockholdersEquityOther
446000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5056921000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
661508000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
312376000 usd
CY2020 us-gaap Profit Loss
ProfitLoss
128579000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
577020000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
420692000 usd
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
367162000 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-176000 usd
CY2022 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
36372000 usd
CY2021 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
174384000 usd
CY2020 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
382000 usd
CY2022 cpt Gain On Acquisition Of Unconsolidated Joint Venture Interests
GainOnAcquisitionOfUnconsolidatedJointVentureInterests
474146000 usd
CY2021 cpt Gain On Acquisition Of Unconsolidated Joint Venture Interests
GainOnAcquisitionOfUnconsolidatedJointVentureInterests
0 usd
CY2020 cpt Gain On Acquisition Of Unconsolidated Joint Venture Interests
GainOnAcquisitionOfUnconsolidatedJointVentureInterests
0 usd
CY2022 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
3015000 usd
CY2021 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
9645000 usd
CY2020 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
8389000 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3048000 usd
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
9777000 usd
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
8052000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
12822000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
15397000 usd
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
13942000 usd
CY2022 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
3913000 usd
CY2021 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
3518000 usd
CY2020 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
9505000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
744712000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
577467000 usd
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
519319000 usd
CY2022 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
449431000 usd
CY2021 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
428714000 usd
CY2020 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
427247000 usd
CY2022 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
1066051000 usd
CY2021 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
629959000 usd
CY2020 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
0 usd
CY2022 cpt Proceedsfromsaleofoperatingpropertiesincludingland
Proceedsfromsaleofoperatingpropertiesincludingland
70536000 usd
CY2021 cpt Proceedsfromsaleofoperatingpropertiesincludingland
Proceedsfromsaleofoperatingpropertiesincludingland
254717000 usd
CY2020 cpt Proceedsfromsaleofoperatingpropertiesincludingland
Proceedsfromsaleofoperatingpropertiesincludingland
753000 usd
CY2022 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
4407000 usd
CY2021 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
4032000 usd
CY2020 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
7498000 usd
CY2022 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
6831000 usd
CY2021 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-3597000 usd
CY2020 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-4390000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1456184000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-804391000 usd
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-429602000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
516758000 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
759209000 usd
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
CY2022 us-gaap Payments Of Dividends
PaymentsOfDividends
396822000 usd
CY2021 us-gaap Payments Of Dividends
PaymentsOfDividends
343039000 usd
CY2022 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
8942000 usd
CY2020 us-gaap Payments Of Dividends
PaymentsOfDividends
333360000 usd
CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
758000000 usd
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 usd
CY2020 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
358000000 usd
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
716000000 usd
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 usd
CY2020 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
402000000 usd
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
350000000 usd
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 usd
CY2020 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
100000000 usd
CY2022 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
300000000 usd
CY2021 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 usd
CY2020 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
782823000 usd
CY2022 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
10948000 usd
CY2021 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1346000 usd
CY2020 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1308000 usd
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
420441000 usd
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
6547000 usd
CY2020 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
3162000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
109930000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
421371000 usd
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
307317000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-601542000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
194447000 usd
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
397034000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
618980000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
424533000 usd
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
27499000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
17438000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
618980000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
424533000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10687000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
613391000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
6751000 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
5589000 usd
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
4092000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
17438000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
618980000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
424533000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
111069000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
97301000 usd
CY2020 us-gaap Interest Paid Net
InterestPaidNet
90297000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
3216000 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
2181000 usd
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
2292000 usd
CY2022 us-gaap Dividends
Dividends
103628000 usd
CY2021 us-gaap Dividends
Dividends
88786000 usd
CY2020 us-gaap Dividends
Dividends
84147000 usd
CY2022 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
21526000 usd
CY2021 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
18627000 usd
CY2020 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
19560000 usd
CY2022 cpt Accrual Associated With Construction And Capital Expenditures
AccrualAssociatedWithConstructionAndCapitalExpenditures
20151000 usd
CY2021 cpt Accrual Associated With Construction And Capital Expenditures
AccrualAssociatedWithConstructionAndCapitalExpenditures
24313000 usd
CY2020 cpt Accrual Associated With Construction And Capital Expenditures
AccrualAssociatedWithConstructionAndCapitalExpenditures
29611000 usd
CY2022 us-gaap Transfer Mortgage Payable
TransferMortgagePayable
514554000 usd
CY2021 us-gaap Transfer Mortgage Payable
TransferMortgagePayable
0 usd
CY2020 us-gaap Transfer Mortgage Payable
TransferMortgagePayable
0 usd
CY2022 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
39168000 usd
CY2021 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
0 usd
CY2020 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
0 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
676000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
50300000 usd
CY2022 us-gaap Nature Of Operations
NatureOfOperations
<div style="margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1. Description of Business</span></div><div style="margin-top:8pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Business.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> Formed on May 25, 1993, Camden Property Trust, a Texas real estate investment trust (“REIT”), and all consolidated subsidiaries are primarily engaged in the ownership, management, development, reposition, redevelopment, acquisition, and construction of multifamily apartment communities. Our multifamily apartment communities are referred to as “communities,” “multifamily communities,” “properties,” or “multifamily properties” in the following discussion. As of December 31, 2022, we owned interests in, operated, or were developing 178 multifamily properties comprised of 60,652 apartment homes across the United States. Of the 178 properties, six properties were under construction, and will consist of a total of 1,950 apartment homes when completed. We also own land holdings which we may develop into multifamily communities in the future.</span></div>
CY2022Q4 cpt Number Of Multifamily Communities
NumberOfMultifamilyCommunities
178
CY2022Q4 cpt Total Number Of Apartment Homes In Multifamily Communities
TotalNumberOfApartmentHomesInMultifamilyCommunities
60652
CY2022Q4 cpt Number Of Multifamily Communities
NumberOfMultifamilyCommunities
178
CY2022Q4 cpt Number Of Multifamily Properties Under Development
NumberOfMultifamilyPropertiesUnderDevelopment
6
CY2022Q4 cpt Total Number Of Apartment Homes In Multifamily Properties Upon Completion Of Development
TotalNumberOfApartmentHomesInMultifamilyPropertiesUponCompletionOfDevelopment
1950
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
22200000 usd
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9100000 usd
CY2022 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
8600000 usd
CY2021 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
1100000 usd
CY2020 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
100000 usd
CY2022 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
18100000 usd
CY2021 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
16700000 usd
CY2020 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
17400000 usd
CY2022 cpt Capitalized Real Estate Taxes
CapitalizedRealEstateTaxes
4200000 usd
CY2021 cpt Capitalized Real Estate Taxes
CapitalizedRealEstateTaxes
2800000 usd
CY2020 cpt Capitalized Real Estate Taxes
CapitalizedRealEstateTaxes
3300000 usd
CY2022 us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Income Recognition</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. The majority of our revenues are derived from real estate lease contracts which are accounted for pursuant to ASC 842, "Leases," and presented as property revenues, which include rental revenue and revenue from amounts received under contractual terms for other services provided to our customers. As a lessor, we made elections pursuant to ASC 842 to 1) not separate the lease and non-lease components by class of underlying assets and account for the combined components as a single component under certain conditions, and 2) exclude from lease revenues the sales taxes collected from lessees and certain lessor costs paid directly by the lessee. Our other revenue streams include fee and asset management income </span><div style="margin-bottom:3pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">in accordance with other revenue guidance, ASC 606, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Revenues from Contracts with Customers</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. A detail of our material revenue streams are discussed below:</span></div><div style="margin-bottom:6pt;margin-top:8pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Property Revenue</span><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-style:italic;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%">We earn rental revenue from operating lease contracts for the use of dedicated spaces within owned assets, which is our only underlying asset class. We also earn revenues from amounts received under contractual terms for other services considered non-lease components within a lease contract, primarily consisting of utility rebillings and other transactional fees. These amounts received under contractual terms for other services are charged to our residents and recognized monthly as earned. Any identified uncollectible amounts related to individual lease contracts are presented as an adjustment to property revenue. Any renewal options of real estate lease contracts are considered a new, separate contract and will be recognized at the time the option is exercised on a straight-line basis over the renewal period.</span></div><div style="margin-bottom:6pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of December 31, 2022, our average residential lease term was approximately fourteen months with all other commercial leases averaging longer lease terms. We anticipate property revenue from existing leases as follows:</span></div><div style="margin-bottom:6pt;margin-top:5pt;text-align:center;text-indent:22.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:90.935%"><tr><td style="width:1.0%"/><td style="width:61.440%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:36.360%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(in millions)</span></td><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Year ended December 31,</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Operating Leases</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2023</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">891.9 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2024</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">53.3 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.0 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2026</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2027</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.1 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Thereafter</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8.4 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">964.4 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:3pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Credit Risk. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In management’s opinion, due to the number of residents, the types and diversity of submarkets in which our properties operate, and the collection terms, there is no significant concentration of credit risk.</span></div>
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
891900 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
53300 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
4000.0 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
3700 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
3100 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
8400 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
964400 usd
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.24
CY2022 cpt Percentage Of Rental Revenue And Other Income From Leasing Of Apartment Homes
PercentageOfRentalRevenueAndOtherIncomeFromLeasingOfApartmentHomes
0.99
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. In the application of GAAP, management is required to make estimates and assumptions which affect the reported amounts of assets and liabilities at the date of the financial statements, results of operations during the reporting periods, and related disclosures. Our more significant estimates include estimates supporting our impairment analysis related to the carrying values of our real estate assets. These estimates are based on historical experience and other assumptions believed to be reasonable under the circumstances. Future events rarely develop exactly as forecasted, and the best estimates routinely require adjustment.</span>
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1000000 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1900000 shares
CY2022 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
653613000 usd
CY2021 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
303907000 usd
CY2020 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
123911000 usd
CY2022 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
990000 usd
CY2021 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
545000 usd
CY2020 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
261000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
652623000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
303362000 usd
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
123650000 usd
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.07
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.97
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.24
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
107605000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
101999000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
99385000 shares
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
652623000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
303362000 usd
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
123650000 usd
CY2022 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
1452000 usd
CY2021 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
1190000 usd
CY2020 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
654075000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
304552000 usd
CY2020 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
123650000 usd
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.04
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.96
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
107605000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
101999000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
99385000 shares
CY2022 cpt Common Share Options And Share Awards Granted
CommonShareOptionsAndShareAwardsGranted
50000 shares
CY2021 cpt Common Share Options And Share Awards Granted
CommonShareOptionsAndShareAwardsGranted
87000 shares
CY2020 cpt Common Share Options And Share Awards Granted
CommonShareOptionsAndShareAwardsGranted
53000 shares
CY2022 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
733000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
743000 shares
CY2020 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
108388000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
102829000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
99438000 shares
CY2022Q4 cpt Shares Authorized
SharesAuthorized
185000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
175000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
106500000 shares
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q4 cpt Negative Tax Capital Held By Unitholder Of Partnership
NegativeTaxCapitalHeldByUnitholderOfPartnership
23900000 usd
CY2022 cpt Annual Dividend Distribution Percentage To Shareholders To Qualify As Real Estate Investment Trust
AnnualDividendDistributionPercentageToShareholdersToQualifyAsRealEstateInvestmentTrust
0.90
CY2022Q4 us-gaap Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Domestic Subsidiaries
DeferredTaxLiabilityNotRecognizedAmountOfUnrecognizedDeferredTaxLiabilityUndistributedEarningsOfDomesticSubsidiaries
0 usd
CY2021 cpt Tax Treatment Of Dividends And Distributions Ordinary Dividends
TaxTreatmentOfDividendsAndDistributionsOrdinaryDividends
2.06
CY2020 cpt Tax Treatment Of Dividends And Distributions Ordinary Dividends
TaxTreatmentOfDividendsAndDistributionsOrdinaryDividends
3.22
CY2021 cpt Tax Treatment Of Dividends And Distributions Long Term Capital Gain
TaxTreatmentOfDividendsAndDistributionsLongTermCapitalGain
1.14
CY2020 cpt Tax Treatment Of Dividends And Distributions Long Term Capital Gain
TaxTreatmentOfDividendsAndDistributionsLongTermCapitalGain
0.04
CY2021 cpt Tax Treatment Of Dividends And Distributions Return Of Capital
TaxTreatmentOfDividendsAndDistributionsReturnOfCapital
0
CY2020 cpt Tax Treatment Of Dividends And Distributions Return Of Capital
TaxTreatmentOfDividendsAndDistributionsReturnOfCapital
0.06
CY2021 cpt Tax Treatment Of Dividends And Distributions Unrecaptured Section Twelve Hundred And Fifty Gain
TaxTreatmentOfDividendsAndDistributionsUnrecapturedSectionTwelveHundredAndFiftyGain
0.12
CY2020 cpt Tax Treatment Of Dividends And Distributions Unrecaptured Section Twelve Hundred And Fifty Gain
TaxTreatmentOfDividendsAndDistributionsUnrecapturedSectionTwelveHundredAndFiftyGain
0
CY2021 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
3.32
CY2020 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
3.32
CY2022Q4 cpt Difference Between Carry Value Of Net Assets And Tax Basis Of Net Assets
DifferenceBetweenCarryValueOfNetAssetsAndTaxBasisOfNetAssets
2000000000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
3000000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1900000 usd
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2000000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2020 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
400000 usd
CY2022 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
CY2022 cpt Fees Earned For Property And Asset Management Construction Development And Other Services To Joint Ventures
FeesEarnedForPropertyAndAssetManagementConstructionDevelopmentAndOtherServicesToJointVentures
1700000 usd
CY2021 cpt Fees Earned For Property And Asset Management Construction Development And Other Services To Joint Ventures
FeesEarnedForPropertyAndAssetManagementConstructionDevelopmentAndOtherServicesToJointVentures
6600000 usd
CY2020 cpt Fees Earned For Property And Asset Management Construction Development And Other Services To Joint Ventures
FeesEarnedForPropertyAndAssetManagementConstructionDevelopmentAndOtherServicesToJointVentures
7600000 usd
CY2022Q4 us-gaap Unsecured Debt
UnsecuredDebt
3165900000 usd
CY2021Q4 us-gaap Unsecured Debt
UnsecuredDebt
3170400000 usd
CY2022Q4 us-gaap Secured Debt
SecuredDebt
515000000.0 usd
CY2021Q4 us-gaap Secured Debt
SecuredDebt
0 usd
CY2022Q4 us-gaap Notes Payable
NotesPayable
3680900000 usd
CY2021Q4 us-gaap Notes Payable
NotesPayable
3170400000 usd
CY2022Q4 cpt Value Of Real Estate Assets At Cost Subject To Secured Notes
ValueOfRealEstateAssetsAtCostSubjectToSecuredNotes
2080900000 usd
CY2021Q4 cpt Value Of Real Estate Assets At Cost Subject To Secured Notes
ValueOfRealEstateAssetsAtCostSubjectToSecuredNotes
0 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
18000000 usd
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
19600000 usd
CY2022Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
1100000000 usd
CY2022Q2 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
2400000 usd
CY2022Q4 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
400000 usd
CY2022Q4 cpt Weighted Average Maturity Of Indebtedness Including Unsecured Line Of Credit
WeightedAverageMaturityOfIndebtednessIncludingUnsecuredLineOfCredit
6.4 y
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
246600000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
556500000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
297800000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
188900000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
214900000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
2176200000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
3680900000 usd
CY2022Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.040
CY2022 cpt Cpt Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
CPTDerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
1300000 usd
CY2022 cpt Share Based Compensation Arrangement By Share Based Payment Award Compensation Cost For Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardCompensationCostForPeriod
14200000 usd
CY2021 cpt Share Based Compensation Arrangement By Share Based Payment Award Compensation Cost For Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardCompensationCostForPeriod
16100000 usd
CY2020 cpt Share Based Compensation Arrangement By Share Based Payment Award Compensation Cost For Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardCompensationCostForPeriod
15300000 usd
CY2022 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
4500000 usd
CY2021 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
3800000 usd
CY2020 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
3400000 usd
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
184128 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
107.57
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
136948 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
161.91
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
151361 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
128.45
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
5068 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
129.96
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
164647 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
132.99
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
161.91
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
105.87
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
113.46
CY2022Q4 cpt Employee Share Purchase Programmaximumsharesavailable
EmployeeSharePurchaseProgrammaximumsharesavailable
500000 shares
CY2022 cpt Percentage Of Market Valueat Which Shares Purchased Under Employee Share Purchase Plan
PercentageOfMarketValueatWhichSharesPurchasedUnderEmployeeSharePurchasePlan
0.85
CY2022 cpt Employee Share Purchase Plan Maximum Authorized Amount Per Participant
EmployeeSharePurchasePlanMaximumAuthorizedAmountPerParticipant
25000 usd
CY2022 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
15353 shares
CY2021 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
29857 shares
CY2020 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
22496 shares
CY2022 cpt Weighted Average Fair Value Of Shares Purchased Under Employee Share Purchase Plan
WeightedAverageFairValueOfSharesPurchasedUnderEmployeeSharePurchasePlan
119.15
CY2021 cpt Weighted Average Fair Value Of Shares Purchased Under Employee Share Purchase Plan
WeightedAverageFairValueOfSharesPurchasedUnderEmployeeSharePurchasePlan
141.64
CY2020 cpt Weighted Average Fair Value Of Shares Purchased Under Employee Share Purchase Plan
WeightedAverageFairValueOfSharesPurchasedUnderEmployeeSharePurchasePlan
95.97
CY2022 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
200000 usd
CY2021 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
1200000 usd
CY2020 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
300000 usd
CY2022Q4 cpt Share Awards Held In Employee Trust Shares
ShareAwardsHeldInEmployeeTrustShares
1100000 shares
CY2021Q4 cpt Share Awards Held In Employee Trust Shares
ShareAwardsHeldInEmployeeTrustShares
1200000 shares
CY2022Q4 cpt Trading Securities Held In Employee Trust Value
TradingSecuritiesHeldInEmployeeTrustValue
8900000 usd
CY2021Q4 cpt Trading Securities Held In Employee Trust Value
TradingSecuritiesHeldInEmployeeTrustValue
11700000 usd
CY2022Q4 cpt Cash Required By Plan Participants Upon Withdrawal
CashRequiredByPlanParticipantsUponWithdrawal
13300000 usd
CY2021Q4 cpt Cash Required By Plan Participants Upon Withdrawal
CashRequiredByPlanParticipantsUponWithdrawal
14100000 usd
CY2022Q4 cpt Share Awards Held In Non Qualified Deferred Compensation Plan Shares
ShareAwardsHeldInNonQualifiedDeferredCompensationPlanShares
1000000 shares
CY2021Q4 cpt Share Awards Held In Non Qualified Deferred Compensation Plan Shares
ShareAwardsHeldInNonQualifiedDeferredCompensationPlanShares
900000 shares
CY2022Q4 cpt Trading Securities Held In Non Qualified Deferred Compensation Plan Value
TradingSecuritiesHeldInNonQualifiedDeferredCompensationPlanValue
111700000 usd
CY2021Q4 cpt Trading Securities Held In Non Qualified Deferred Compensation Plan Value
TradingSecuritiesHeldInNonQualifiedDeferredCompensationPlanValue
125600000 usd
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
3400000 usd
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
3300000 usd
CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
3400000 usd
CY2022Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
120700000 usd
CY2021Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
137300000 usd
CY2022 cpt Participant Withdrawals From Deferred Compensation Plan Investments
ParticipantWithdrawalsFromDeferredCompensationPlanInvestments
3600000 usd
CY2021 cpt Participant Withdrawals From Deferred Compensation Plan Investments
ParticipantWithdrawalsFromDeferredCompensationPlanInvestments
10600000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
13950000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
12068000 usd
CY2020 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
5235000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2990000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
14786000 usd
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-62000 usd
CY2022 us-gaap Increase Decrease In Property And Other Taxes Payable
IncreaseDecreaseInPropertyAndOtherTaxesPayable
22901000 usd
CY2021 us-gaap Increase Decrease In Property And Other Taxes Payable
IncreaseDecreaseInPropertyAndOtherTaxesPayable
-809000 usd
CY2020 us-gaap Increase Decrease In Property And Other Taxes Payable
IncreaseDecreaseInPropertyAndOtherTaxesPayable
11745000 usd
CY2022 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-6207000 usd
CY2021 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-2133000 usd
CY2020 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
997000 usd
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-4159000 usd
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-3742000 usd
CY2020 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-2060000 usd
CY2022 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
3913000 usd
CY2021 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
3518000 usd
CY2020 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
9505000 usd
CY2022Q4 cpt Numberofconsolidatedprojectsunderconstruction
Numberofconsolidatedprojectsunderconstruction
6
CY2022Q4 cpt Anticipated Expenditures Relating To Completion Of Construction Type Contracts
AnticipatedExpendituresRelatingToCompletionOfConstructionTypeContracts
306700000 usd
CY2022Q4 us-gaap Earnest Money Deposits
EarnestMoneyDeposits
1100000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
6000000.0 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
6900000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
8400000 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
10000000.0 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
2700000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
2900000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
1300000 usd
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
1300000 usd
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
4000000.0 usd
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
4200000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
2500000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
2700000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y10M24D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y7M6D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.046
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.048
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
3300000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
3100000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2300000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
400000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
100000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
800000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
8400000 usd
CY2022Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
1704932000 usd
CY2022Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
9648837000 usd
CY2022Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Improvements
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements
1562104000 usd
CY2022Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
1704932000 usd
CY2022Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
11210941000 usd
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
12915873000 usd
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3848111000 usd
CY2022Q4 cpt Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation
RealEstateAndAccumulatedDepreciationTotalCostOfRealEstateAssetsNetOfAccumulatedDepreciation
9067762000 usd
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
10449067000 usd
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
9553177000 usd
CY2019Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
9115793000 usd
CY2022 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
2068440000 usd
CY2021 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
607099000 usd
CY2020 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
0 usd
CY2022 cpt Real Estate Development
RealEstateDevelopment
352174000 usd
CY2021 cpt Real Estate Development
RealEstateDevelopment
346173000 usd
CY2020 cpt Real Estate Development
RealEstateDevelopment
349890000 usd
CY2022 us-gaap Real Estate Improvements
RealEstateImprovements
105321000 usd
CY2021 us-gaap Real Estate Improvements
RealEstateImprovements
87297000 usd
CY2020 us-gaap Real Estate Improvements
RealEstateImprovements
87865000 usd
CY2022 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
59129000 usd
CY2021 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
144679000 usd
CY2020 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
371000 usd
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
12915873000 usd
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
10449067000 usd
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
9553177000 usd
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3358027000 usd
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3034186000 usd
CY2019Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
2686025000 usd
CY2022 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
515413000 usd
CY2021 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
387432000 usd
CY2020 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
348161000 usd
CY2022 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
25329000 usd
CY2021 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
63591000 usd
CY2020 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
0 usd
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3848111000 usd
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3358027000 usd
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3034186000 usd
CY2022Q4 srt Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
10800000000 usd
CY2022 srt Mortgage Loan On Real Estate Final Maturity Date
MortgageLoanOnRealEstateFinalMaturityDate
2025-10-01
CY2022Q4 srt Mortgage Loans On Real Estate Federal Income Tax Basis1
MortgageLoansOnRealEstateFederalIncomeTaxBasis1
3532000 usd
CY2022 srt Mortgage Loan On Real Estate Final Maturity Date
MortgageLoanOnRealEstateFinalMaturityDate
2025-10-01
CY2021Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
4978000 usd
CY2020Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
6423000 usd
CY2019Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
7868000 usd
CY2022 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
1446000 usd
CY2021 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
1445000 usd
CY2020 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
1445000 usd
CY2022Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
3532000 usd
CY2021Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
4978000 usd
CY2020Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
6423000 usd

Files In Submission

Name View Source Status
cpt-20221231_lab.xml Edgar Link unprocessable
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0000906345-23-000008-index.html Edgar Link pending
0000906345-23-000008.txt Edgar Link pending
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cpt-20221231.htm Edgar Link pending
cpt-20221231.xsd Edgar Link pending
cpt-20221231_g1.jpg Edgar Link pending
cpt12312022-ex211.htm Edgar Link pending
cpt12312022-ex231.htm Edgar Link pending
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cpt12312022-ex311.htm Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
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cpt-20221231_cal.xml Edgar Link unprocessable
cpt-20221231_def.xml Edgar Link unprocessable
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cpt-20221231_pre.xml Edgar Link unprocessable
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