$CPT
CAMDEN PROPERTY TRUST

2023 Q4 Form 10-Q Financial Statement

#000090634523000045 Filed on October 27, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $387.6M $1.077M
YoY Change 3.11% 74.55%
Cost Of Revenue $145.7M $148.4M
YoY Change 8.02% 5.94%
Gross Profit $241.8M $242.3M
YoY Change 0.36% 3.72%
Gross Profit Margin 62.4% 22501.21%
Selling, General & Admin $15.74M $15.54M
YoY Change -0.9% 11.01%
% of Gross Profit 6.51% 6.41%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $145.0M $144.4M
YoY Change -1.57% -9.14%
% of Gross Profit 59.94% 59.57%
Operating Expenses $159.6M $158.8M
YoY Change -1.61% -7.8%
Operating Profit $82.22M $83.51M
YoY Change 4.4% 36.03%
Interest Expense -$33.65M $33.01M
YoY Change 10.21% 13.07%
% of Operating Profit -40.92% 39.52%
Other Income/Expense, Net
YoY Change
Pretax Income $225.1M $50.57M
YoY Change 366.72% 56.63%
Income Tax $897.0K $752.0K
% Of Pretax Income 0.4% 1.49%
Net Earnings $222.0M $47.96M
YoY Change 386.29% 60.71%
Net Earnings / Revenue 57.28% 4453.39%
Basic Earnings Per Share $0.44
Diluted Earnings Per Share $1.99 $0.44
COMMON SHARES
Basic Shares Outstanding 106.8M shares 106.8M shares
Diluted Shares Outstanding 108.7M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $259.7M $14.60M
YoY Change 2329.92% -76.46%
Cash & Equivalents $259.7M $14.60M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $11.91M $12.06M
Other Receivables $0.00 $0.00
Total Short-Term Assets $271.6M $26.66M
YoY Change 1029.23% -64.59%
LONG-TERM ASSETS
Property, Plant & Equipment $8.864B $8.942B
YoY Change -2.31% -1.75%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $8.361M $8.369M
YoY Change 23.85% 30.97%
Total Long-Term Assets $9.112B $9.188B
YoY Change -2.06% -1.62%
TOTAL ASSETS
Total Short-Term Assets $271.6M $26.66M
Total Long-Term Assets $9.112B $9.188B
Total Assets $9.384B $9.214B
YoY Change 0.6% -2.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $222.6M $211.8M
YoY Change 5.31% -0.38%
Accrued Expenses $6.000M $6.400M
YoY Change -28.57%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $536.6M
YoY Change 117.6%
Total Short-Term Liabilities $972.1M $457.4M
YoY Change 46.07% -42.13%
LONG-TERM LIABILITIES
Long-Term Debt $3.179B $3.653B
YoY Change -7.44% 9.41%
Other Long-Term Liabilities $181.0M $168.9M
YoY Change 5.75% -4.19%
Total Long-Term Liabilities $3.360B $3.822B
YoY Change -6.81% 8.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $972.1M $457.4M
Total Long-Term Liabilities $3.360B $3.822B
Total Liabilities $4.332B $4.279B
YoY Change 1.43% -0.61%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $5.915B $5.912B
YoY Change 0.3% 0.31%
Preferred Stock
YoY Change
Treasury Stock (at cost) $320.4M $320.7M
YoY Change -2.53% -2.53%
Treasury Stock Shares
Shareholders Equity $4.981B $4.864B
YoY Change
Total Liabilities & Shareholders Equity $9.384B $9.214B
YoY Change 0.6% -2.12%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $222.0M $47.96M
YoY Change 386.29% 60.71%
Depreciation, Depletion And Amortization $145.0M $144.4M
YoY Change -1.57% -9.14%
Cash From Operating Activities $192.0M $236.3M
YoY Change 14.15% -3.89%
INVESTING ACTIVITIES
Capital Expenditures $116.6M $98.05M
YoY Change 9.09% -207.11%
Acquisitions
YoY Change
Other Investing Activities $230.2M -$2.937M
YoY Change -19169.51% 44.68%
Cash From Investing Activities $113.6M -$101.0M
YoY Change -205.04% 7.92%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -60.46M -141.2M
YoY Change -45.56% -13.12%
NET CHANGE
Cash From Operating Activities 192.0M 236.3M
Cash From Investing Activities 113.6M -101.0M
Cash From Financing Activities -60.46M -141.2M
Net Change In Cash 245.1M -5.888M
YoY Change -580.74% -42.51%
FREE CASH FLOW
Cash From Operating Activities $192.0M $236.3M
Capital Expenditures $116.6M $98.05M
Free Cash Flow $75.37M $138.3M
YoY Change 22.98% -59.02%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1800000 shares
CY2023Q3 cpt Gain On Acquisition Of Unconsolidated Joint Venture Interests
GainOnAcquisitionOfUnconsolidatedJointVentureInterests
0 usd
cpt Gain On Acquisition Of Unconsolidated Joint Venture Interests
GainOnAcquisitionOfUnconsolidatedJointVentureInterests
474146000 usd
CY2022Q3 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
0 usd
us-gaap Profit Loss
ProfitLoss
186378000 usd
us-gaap Profit Loss
ProfitLoss
614037000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
5399000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
6133000 usd
us-gaap Net Income Loss
NetIncomeLoss
180979000 usd
us-gaap Net Income Loss
NetIncomeLoss
607904000 usd
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.66
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.66
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.66
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.62
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
108638000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
107314000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
108659000 shares
us-gaap Profit Loss
ProfitLoss
186378000 usd
us-gaap Profit Loss
ProfitLoss
614037000 usd
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
-128000 usd
us-gaap Stockholders Equity Other
StockholdersEquityOther
-386000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4266255000 usd
cpt Net Income Attributable To Common Shareholders And Noncontrolling Interests
NetIncomeAttributableToCommonShareholdersAndNoncontrollingInterests
614037000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1107000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
516758000 usd
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
18004000 usd
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
752000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.82
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
308107000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1796000 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
437749000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
516758000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
324446000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
293231000 usd
CY2023Q3 cpt Number Of Multifamily Communities
NumberOfMultifamilyCommunities
177
CY2023Q3 cpt Capitalized Real Estate Taxes
CapitalizedRealEstateTaxes
600000 usd
CY2022Q3 cpt Capitalized Real Estate Taxes
CapitalizedRealEstateTaxes
1000000 usd
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1700000 shares
CY2023Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
47963000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
47902000 usd
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.44
CY2023Q3 us-gaap Dilutive Securities
DilutiveSecurities
0 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
47902000 usd
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.44
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
108683000 shares
CY2023Q3 cpt Common Share Options And Share Awards Granted
CommonShareOptionsAndShareAwardsGranted
23000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
108706000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
202873 shares
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
121.43
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
5205 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
131.06
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
100000 usd
CY2022Q3 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-300000 usd
us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-1000000.0 usd
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
0.0 usd
CY2022Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1100000 usd
CY2022Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
1000000 usd
CY2023Q3 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
0 usd
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2213000 usd
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
108099000 shares
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5056921000 usd
cpt Net Income Attributable To Common Shareholders And Noncontrolling Interests
NetIncomeAttributableToCommonShareholdersAndNoncontrollingInterests
186378000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1075000 usd
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
21592000 usd
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
877000 usd
us-gaap Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
3191 shares
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4934979000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4991542000 usd
CY2023Q3 cpt Net Income Attributable To Common Shareholders And Noncontrolling Interests
NetIncomeAttributableToCommonShareholdersAndNoncontrollingInterests
49819000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
358000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
3756000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
88000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
-128000 usd
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.00
CY2023Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
110456000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4934979000 usd
CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.94
CY2022Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
103616000 usd
CY2022Q3 us-gaap Stockholders Equity Other
StockholdersEquityOther
-142000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2513000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
48919000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
36372000 usd
cpt Gain On Acquisition Of Unconsolidated Joint Venture Interests
GainOnAcquisitionOfUnconsolidatedJointVentureInterests
0 usd
cpt Gain On Acquisition Of Unconsolidated Joint Venture Interests
GainOnAcquisitionOfUnconsolidatedJointVentureInterests
474146000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
0 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
3015000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3048000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
10864000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
9676000 usd
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
22277000 usd
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
33619000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
602970000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
576530000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
294320000 usd
CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1700000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1000000 shares
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
342532000 usd
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
0 usd
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
1066051000 usd
cpt Proceedsfromsaleofoperatingpropertiesincludingland
Proceedsfromsaleofoperatingpropertiesincludingland
60359000 usd
cpt Proceedsfromsaleofoperatingpropertiesincludingland
Proceedsfromsaleofoperatingpropertiesincludingland
70536000 usd
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
4925000 usd
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
3948000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
6083000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-240682000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1348078000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
1192000000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
640000000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
787000000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
640000000 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1267000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
10165000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
1705000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
7623000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
220985000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
14600000 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
62027000 usd
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
8369000 usd
CY2022Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
6390000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22969000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
68417000 usd
us-gaap Interest Paid Net
InterestPaidNet
95480000 usd
us-gaap Interest Paid Net
InterestPaidNet
73158000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
3282000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
3090000 usd
us-gaap Dividends
Dividends
110463000 usd
us-gaap Dividends
Dividends
103620000 usd
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
24974000 usd
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
21650000 usd
cpt Accrual Associated With Construction And Capital Expenditures
AccrualAssociatedWithConstructionAndCapitalExpenditures
22556000 usd
cpt Accrual Associated With Construction And Capital Expenditures
AccrualAssociatedWithConstructionAndCapitalExpenditures
23277000 usd
us-gaap Transfer Mortgage Payable
TransferMortgagePayable
0 usd
us-gaap Transfer Mortgage Payable
TransferMortgagePayable
514554000 usd
us-gaap Liabilities Assumed1
LiabilitiesAssumed1
0 usd
us-gaap Liabilities Assumed1
LiabilitiesAssumed1
39168000 usd
us-gaap Nature Of Operations
NatureOfOperations
<div><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-bottom:12pt;margin-top:6pt;text-align:justify;text-indent:22.5pt"><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 ("CPT"), a Texas real estate investment trust ("REIT"), and all consolidated subsidiaries are primarily engaged in the ownership, management, development, 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 September 30, 2023, we owned interests in, operated, or were developing 177 multifamily properties comprised of 60,514 apartment homes across the United States. Of the 177 properties, five properties were under construction as of September 30, 2023, and will consist of a total of 1,553 apartment homes when completed. We also own land holdings which we may develop into multifamily communities in the future.</span></div>
CY2023Q3 cpt Total Number Of Apartment Homes In Multifamily Communities
TotalNumberOfApartmentHomesInMultifamilyCommunities
60514
CY2023Q3 cpt Number Of Multifamily Communities
NumberOfMultifamilyCommunities
177
CY2023Q3 cpt Number Of Multifamily Properties Under Development
NumberOfMultifamilyPropertiesUnderDevelopment
5
CY2023Q3 cpt Total Number Of Apartment Homes In Multifamily Properties Upon Completion Of Development
TotalNumberOfApartmentHomesInMultifamilyPropertiesUponCompletionOfDevelopment
1553
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
19300000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
44900000 usd
CY2022Q3 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
3400000 usd
us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
7800000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
29844000 usd
CY2023Q3 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
5200000 usd
CY2022Q3 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
5000000 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
15200000 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
13500000 usd
cpt Capitalized Real Estate Taxes
CapitalizedRealEstateTaxes
2700000 usd
cpt Capitalized Real Estate Taxes
CapitalizedRealEstateTaxes
3500000 usd
cpt Expected Useful Lives Of Intangible Assets Related To In Place Leases And Above And Below Market Leases
ExpectedUsefulLivesOfIntangibleAssetsRelatedToInPlaceLeasesAndAboveAndBelowMarketLeases
underlying lease term
us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
We currently anticipate property revenue from existing leases as follows:<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><td style="width:77.517%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:20.283%"></td><td style="width:0.1%"></td></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"></td></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;border-top:1pt solid #000000;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%">Remainder of 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%">340.6 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></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%">637.8 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></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%">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%">5.8 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></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%">3.8 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></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%">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%">3.3 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></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%">9.3 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></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%">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%">1,000.6 </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"></td></tr></table>
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
340600 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
637800 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
5800 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
3800 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
3300 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
9300 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
1000600 usd
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1800000 shares
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
180979000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
607904000 usd
CY2023Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
61000 usd
CY2022Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
40000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
318000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
933000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
29804000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
180661000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
606971000 usd
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.27
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.66
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.66
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
108683000 shares
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
47902000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
29804000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
180661000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
606971000 usd
CY2022Q3 us-gaap Dilutive Securities
DilutiveSecurities
0 usd
us-gaap Dilutive Securities
DilutiveSecurities
0 usd
us-gaap Dilutive Securities
DilutiveSecurities
1056000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
29804000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
180661000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
608027000 usd
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.27
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.66
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.62
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
108466000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
108638000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
107314000 shares
CY2022Q3 cpt Common Share Options And Share Awards Granted
CommonShareOptionsAndShareAwardsGranted
40000 shares
cpt Common Share Options And Share Awards Granted
CommonShareOptionsAndShareAwardsGranted
21000 shares
cpt Common Share Options And Share Awards Granted
CommonShareOptionsAndShareAwardsGranted
52000 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
CY2022Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
733000 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
108506000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
108659000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
108099000 shares
CY2023Q3 cpt Shares Authorized
SharesAuthorized
185000000 shares
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
175000000 shares
CY2023Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2023Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
106800000 shares
CY2023Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
175819 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
126.47
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
117.02
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
CY2022Q2 cpt Equity Method Investment Ownership Percentage Cpt
EquityMethodInvestmentOwnershipPercentageCPT
0.313
CY2022Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3000000.0 usd
CY2022Q1 cpt Fees Earned For Property And Asset Management Construction Development And Other Services To Joint Ventures
FeesEarnedForPropertyAndAssetManagementConstructionDevelopmentAndOtherServicesToJointVentures
1700000 usd
CY2023Q3 us-gaap Secured Debt
SecuredDebt
330100000 usd
CY2022Q4 us-gaap Secured Debt
SecuredDebt
515000000.0 usd
CY2023Q3 us-gaap Notes Payable
NotesPayable
3653100000 usd
CY2022Q4 us-gaap Notes Payable
NotesPayable
3680900000 usd
CY2023Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
14800000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
18000000 usd
CY2023Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
725200000 usd
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
1700000 usd
CY2022Q2 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
2400000 usd
CY2023Q3 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
100000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
300000 usd
CY2023Q3 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
900000 usd
CY2023Q3 cpt Weighted Average Maturity Of Indebtedness Including Unsecured Line Of Credit
WeightedAverageMaturityOfIndebtednessIncludingUnsecuredLineOfCredit
6.0 y
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
-700000 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
537600000 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
298000000.0 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
22100000 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
619900000 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
2176200000 usd
CY2023Q3 us-gaap Long Term Debt
LongTermDebt
3653100000 usd
CY2023Q3 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.041
CY2023Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
0 usd
CY2023Q3 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-300000 usd
us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-1000000 usd
CY2023Q3 cpt Share Based Compensation Arrangement By Share Based Payment Award Compensation Cost For Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardCompensationCostForPeriod
4000000 usd
CY2022Q3 cpt Share Based Compensation Arrangement By Share Based Payment Award Compensation Cost For Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardCompensationCostForPeriod
3500000 usd
cpt Share Based Compensation Arrangement By Share Based Payment Award Compensation Cost For Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardCompensationCostForPeriod
11900000 usd
cpt Share Based Compensation Arrangement By Share Based Payment Award Compensation Cost For Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardCompensationCostForPeriod
10600000 usd
CY2023Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1500000 usd
CY2022Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1100000 usd
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
4700000 usd
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
3200000 usd
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
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
219250 shares
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
117.02
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
12349000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
16969000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1082000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-4207000 usd
us-gaap Increase Decrease In Property And Other Taxes Payable
IncreaseDecreaseInPropertyAndOtherTaxesPayable
33245000 usd
us-gaap Increase Decrease In Property And Other Taxes Payable
IncreaseDecreaseInPropertyAndOtherTaxesPayable
52560000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-2152000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-885000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-2451000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-3120000 usd
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
22277000 usd
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
33619000 usd
CY2023Q3 cpt Numberofconsolidatedprojectsunderconstruction
Numberofconsolidatedprojectsunderconstruction
5
CY2023Q3 cpt Anticipated Expenditures Relating To Completion Of Construction Type Contracts
AnticipatedExpendituresRelatingToCompletionOfConstructionTypeContracts
180600000 usd
CY2023Q3 us-gaap Earnest Money Deposits
EarnestMoneyDeposits
600000 usd
CY2023Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
1000000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
2900000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
3000000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
800000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
3100000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2300000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
400000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
100000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
300000 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
6400000 usd
cpt Annual Dividend Distribution Percentage To Shareholders To Qualify As Real Estate Investment Trust
AnnualDividendDistributionPercentageToShareholdersToQualifyAsRealEstateInvestmentTrust
0.90
CY2023Q3 us-gaap Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Domestic Subsidiaries
DeferredTaxLiabilityNotRecognizedAmountOfUnrecognizedDeferredTaxLiabilityUndistributedEarningsOfDomesticSubsidiaries
0 usd
CY2023Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2023Q3 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
122600000 usd
CY2022Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
120700000 usd
cpt Participant Withdrawals From Deferred Compensation Plan Investments
ParticipantWithdrawalsFromDeferredCompensationPlanInvestments
9500000 usd
CY2022 cpt Participant Withdrawals From Deferred Compensation Plan Investments
ParticipantWithdrawalsFromDeferredCompensationPlanInvestments
3600000 usd

Files In Submission

Name View Source Status
cpt-20230930_def.xml Edgar Link unprocessable
cpt-20230930_lab.xml Edgar Link unprocessable
0000906345-23-000045-index-headers.html Edgar Link pending
0000906345-23-000045-index.html Edgar Link pending
0000906345-23-000045.txt Edgar Link pending
0000906345-23-000045-xbrl.zip Edgar Link pending
cpt-20230930.htm Edgar Link pending
cpt-20230930.xsd Edgar Link pending
cpt09302023-ex311.htm Edgar Link pending
cpt09302023-ex312.htm Edgar Link pending
cpt09302023-ex321.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json 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
cpt-20230930_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
cpt-20230930_htm.xml Edgar Link completed
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
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
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
cpt-20230930_cal.xml Edgar Link unprocessable