2024 Q1 Form 10-K Financial Statement

#000090634524000007 Filed on February 22, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $1.284M $387.6M $3.451M
YoY Change 122.15% 3.11% -33.48%
Cost Of Revenue $148.4M $145.7M $548.9M
YoY Change 3.48% 8.02% 10.21%
Gross Profit $234.8M $241.8M -$545.5M
YoY Change -0.01% 0.36% 10.67%
Gross Profit Margin 18283.41% 62.4% -15806.11%
Selling, General & Admin $16.69M $15.74M $62.51M
YoY Change 8.71% -0.9% 3.46%
% of Gross Profit 7.11% 6.51%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $144.8M $145.0M $574.8M
YoY Change 1.66% -1.57% -0.38%
% of Gross Profit 61.68% 59.94%
Operating Expenses $160.2M $159.6M $633.9M
YoY Change 1.9% -1.61% 0.26%
Operating Profit $74.55M $82.22M -$1.179B
YoY Change -3.87% 4.4% 4.82%
Interest Expense $32.54M -$33.65M $133.4M
YoY Change -0.93% 10.21% 17.61%
% of Operating Profit 43.65% -40.92%
Other Income/Expense, Net
YoY Change
Pretax Income $86.66M $225.1M $414.2M
YoY Change 93.58% 366.72% -37.66%
Income Tax $905.0K $897.0K $3.650M
% Of Pretax Income 1.04% 0.4% 0.88%
Net Earnings $83.89M $222.0M $403.3M
YoY Change 100.13% 386.29% -38.3%
Net Earnings / Revenue 6533.41% 57.28% 11686.73%
Basic Earnings Per Share $0.77 $3.71
Diluted Earnings Per Share $0.77 $1.99 $3.70
COMMON SHARES
Basic Shares Outstanding 107.0M shares 106.8M shares 108.7M shares
Diluted Shares Outstanding 108.7M shares 109.4M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $92.69M $259.7M $259.7M
YoY Change 353.95% 2329.92% 2329.92%
Cash & Equivalents $92.69M $259.7M $259.7M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $10.35M $11.91M $11.91M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $103.0M $271.6M $271.6M
YoY Change 216.67% 1029.23% 1029.23%
LONG-TERM ASSETS
Property, Plant & Equipment $8.759B $8.864B $8.864B
YoY Change -2.99% -2.31% -2.31%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $8.230M $8.361M $8.361M
YoY Change 19.92% 23.85% 23.85%
Total Long-Term Assets $9.001B $9.112B $9.112B
YoY Change -2.83% -2.06% -2.06%
TOTAL ASSETS
Total Short-Term Assets $103.0M $271.6M $271.6M
Total Long-Term Assets $9.001B $9.112B $9.112B
Total Assets $9.104B $9.384B $9.384B
YoY Change -2.06% 0.6% 0.6%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $213.9M $222.6M $222.6M
YoY Change 11.71% 5.31% 5.31%
Accrued Expenses $5.400M $6.000M $6.000M
YoY Change -30.77% -28.57% -28.57%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $287.2M $536.6M $536.6M
YoY Change 16.04% 117.6% 117.6%
Total Short-Term Liabilities $379.5M $972.1M $972.1M
YoY Change 6.06% 46.07% 46.07%
LONG-TERM LIABILITIES
Long-Term Debt $3.553B $3.179B $3.179B
YoY Change -5.19% -7.44% -7.44%
Other Long-Term Liabilities $177.0M $181.0M $181.0M
YoY Change -4.82% 5.75% 5.75%
Total Long-Term Liabilities $3.731B $3.360B $3.360B
YoY Change -5.17% -6.81% -6.81%
TOTAL LIABILITIES
Total Short-Term Liabilities $379.5M $972.1M $972.1M
Total Long-Term Liabilities $3.731B $3.360B $3.360B
Total Liabilities $4.110B $4.332B $4.403B
YoY Change -4.23% 1.43% 1.42%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $5.920B $5.915B
YoY Change 0.28% 0.3%
Preferred Stock
YoY Change
Treasury Stock (at cost) $356.9M $320.4M
YoY Change 11.03% -2.53%
Treasury Stock Shares
Shareholders Equity $4.922B $4.981B $4.981B
YoY Change
Total Liabilities & Shareholders Equity $9.104B $9.384B $9.384B
YoY Change -2.06% 0.6% 0.6%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $83.89M $222.0M $403.3M
YoY Change 100.13% 386.29% -38.3%
Depreciation, Depletion And Amortization $144.8M $145.0M $574.8M
YoY Change 1.66% -1.57% -0.38%
Cash From Operating Activities $135.9M $192.0M $795.0M
YoY Change -2.73% 14.15% 6.75%
INVESTING ACTIVITIES
Capital Expenditures $106.1M $116.6M $410.9M
YoY Change 15.44% 9.09% -8.57%
Acquisitions
YoY Change
Other Investing Activities $1.490M $230.2M $1.259M
YoY Change -8.42% -19169.51% -81.57%
Cash From Investing Activities $6.890M $113.6M -$127.1M
YoY Change -107.37% -205.04% -91.27%
FINANCING ACTIVITIES
Cash Dividend Paid $110.4M $434.9M
YoY Change 6.59% 9.59%
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$309.9M -60.46M -$417.2M
YoY Change 752.98% -45.56% -479.53%
NET CHANGE
Cash From Operating Activities $135.9M 192.0M $795.0M
Cash From Investing Activities $6.890M 113.6M -$127.1M
Cash From Financing Activities -$309.9M -60.46M -$417.2M
Net Change In Cash -$167.1M 245.1M $250.6M
YoY Change -1797.72% -580.74% -141.66%
FREE CASH FLOW
Cash From Operating Activities $135.9M $192.0M $795.0M
Capital Expenditures $106.1M $116.6M $410.9M
Free Cash Flow $29.80M $75.37M $384.0M
YoY Change -37.67% 22.98% 30.05%

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CY2023 cpt Total Non Property Income Loss
TotalNonPropertyIncomeLoss
19728000 usd
CY2022 cpt Total Non Property Income Loss
TotalNonPropertyIncomeLoss
-11430000 usd
CY2021 cpt Total Non Property Income Loss
TotalNonPropertyIncomeLoss
26124000 usd
CY2023 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
33706000 usd
CY2022 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
28601000 usd
CY2021 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
26339000 usd
CY2023 cpt Costof Feeand Asset Management
CostofFeeandAssetManagement
1717000 usd
CY2022 cpt Costof Feeand Asset Management
CostofFeeandAssetManagement
2516000 usd
CY2021 cpt Costof Feeand Asset Management
CostofFeeandAssetManagement
4511000 usd
CY2023 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
62506000 usd
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
60413000 usd
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
59368000 usd
CY2023 us-gaap Interest Expense
InterestExpense
133395000 usd
CY2022 us-gaap Interest Expense
InterestExpense
113424000 usd
CY2021 us-gaap Interest Expense
InterestExpense
97297000 usd
CY2023 us-gaap Depreciation And Amortization
DepreciationAndAmortization
574813000 usd
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
577020000 usd
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
420692000 usd
CY2023 cpt Expense Benefit On Deferred Compensation Plans
ExpenseBenefitOnDeferredCompensationPlans
15398000 usd
CY2022 cpt Expense Benefit On Deferred Compensation Plans
ExpenseBenefitOnDeferredCompensationPlans
-19637000 usd
CY2021 cpt Expense Benefit On Deferred Compensation Plans
ExpenseBenefitOnDeferredCompensationPlans
14369000 usd
CY2023 cpt Total Other Expenses
TotalOtherExpenses
821535000 usd
CY2022 cpt Total Other Expenses
TotalOtherExpenses
762337000 usd
CY2021 cpt Total Other Expenses
TotalOtherExpenses
622576000 usd
CY2022 cpt Gain On Acquisition Of Unconsolidated Joint Venture Interests
GainOnAcquisitionOfUnconsolidatedJointVentureInterests
474146000 usd
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
109399000 shares
CY2023 us-gaap Profit Loss
ProfitLoss
410553000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
661508000 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-728000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
0 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
0 usd
CY2023 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
183000 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
CY2023 cpt Reclassificationofnetlossoncashflowhedgingactivitiespriorservicecostandnetlossonpostretirementobligation
Reclassificationofnetlossoncashflowhedgingactivitiespriorservicecostandnetlossonpostretirementobligation
1433000 usd
CY2023 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
411075000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
663473000 usd
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
7244000 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
CY2023 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
403831000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
655578000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
305551000 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
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
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5056921000 usd
CY2023 cpt Net Income Attributable To Common Shareholders And Noncontrolling Interests
NetIncomeAttributableToCommonShareholdersAndNoncontrollingInterests
410553000 usd
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
522000 usd
CY2023 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
24247000 usd
CY2023 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1812000 usd
CY2023 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
-128000 usd
CY2023 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
441759000 usd
CY2023 us-gaap Stockholders Equity Other
StockholdersEquityOther
397000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5051771000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
410553000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
661508000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
312376000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
574813000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
577020000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
420692000 usd
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2513000 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
CY2023 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
225416000 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
CY2023 cpt Gain On Acquisition Of Unconsolidated Joint Venture Interests
GainOnAcquisitionOfUnconsolidatedJointVentureInterests
0 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
CY2023 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
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
CY2023 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 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
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
14512000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
12822000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
15397000 usd
CY2023 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
17975000 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
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
794950000 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
CY2023 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
410934000 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
CY2023 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
0 usd
CY2022 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
1066051000 usd
CY2021 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
629959000 usd
CY2023 cpt Proceedsfromsaleofoperatingpropertiesincludingland
Proceedsfromsaleofoperatingpropertiesincludingland
290663000 usd
CY2022 cpt Proceedsfromsaleofoperatingpropertiesincludingland
Proceedsfromsaleofoperatingpropertiesincludingland
70536000 usd
CY2021 cpt Proceedsfromsaleofoperatingpropertiesincludingland
Proceedsfromsaleofoperatingpropertiesincludingland
254717000 usd
CY2023 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
5597000 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
CY2021 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-3597000 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
CY2023 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
1335000000 usd
CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
758000000 usd
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 usd
CY2023 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
1377000000 usd
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
716000000 usd
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 usd
CY2023 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
437749000 usd
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
350000000 usd
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 usd
CY2023 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
498235000 usd
CY2023 us-gaap Payments Of Dividends
PaymentsOfDividends
434875000 usd
CY2022 us-gaap Payments Of Dividends
PaymentsOfDividends
396822000 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 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
CY2023 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3114000 usd
CY2022 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
10948000 usd
CY2021 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1346000 usd
CY2023 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
2289000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
421371000 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
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
259686000 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
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
8361000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
6751000 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
5589000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
268047000 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
CY2023 us-gaap Interest Paid Net
InterestPaidNet
128870000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
111069000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
97301000 usd
CY2023 us-gaap Income Taxes Paid
IncomeTaxesPaid
3591000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
3216000 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
2181000 usd
CY2023 us-gaap Dividends
Dividends
110427000 usd
CY2022 us-gaap Dividends
Dividends
103628000 usd
CY2021 us-gaap Dividends
Dividends
88786000 usd
CY2023 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
24850000 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
CY2023 cpt Accrual Associated With Construction And Capital Expenditures
AccrualAssociatedWithConstructionAndCapitalExpenditures
23706000 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
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
3800 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
3300 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
3000.0 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
6300 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
922700 usd
CY2023 us-gaap Transfer Mortgage Payable
TransferMortgagePayable
0 usd
CY2022 us-gaap Transfer Mortgage Payable
TransferMortgagePayable
514554000 usd
CY2021 us-gaap Transfer Mortgage Payable
TransferMortgagePayable
0 usd
CY2023 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
0 usd
CY2022 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
39168000 usd
CY2021 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
0 usd
CY2023 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-bottom:5pt;margin-top:5pt;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, 2023, we owned interests in, operated, or were developing 176 multifamily properties comprised of 59,800 apartment homes across the United States. Of the 176 properties, four properties were under construction, and will consist of a total of 1,166 apartment homes when completed. We also own land holdings which we may develop into multifamily communities in the future.</span></div>
CY2023Q4 cpt Number Of Multifamily Communities
NumberOfMultifamilyCommunities
176
CY2023Q4 cpt Total Number Of Apartment Homes In Multifamily Communities
TotalNumberOfApartmentHomesInMultifamilyCommunities
59800
CY2023Q4 cpt Number Of Multifamily Communities
NumberOfMultifamilyCommunities
176
CY2023Q4 cpt Number Of Multifamily Properties Under Development
NumberOfMultifamilyPropertiesUnderDevelopment
4
CY2023Q4 cpt Total Number Of Apartment Homes In Multifamily Properties Upon Completion Of Development
TotalNumberOfApartmentHomesInMultifamilyPropertiesUponCompletionOfDevelopment
1166
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
50300000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
22200000 usd
CY2022 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
8600000 usd
CY2021 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
1100000 usd
CY2023 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
20200000 usd
CY2022 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
18100000 usd
CY2021 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
16700000 usd
CY2022 cpt Capitalized Real Estate Taxes
CapitalizedRealEstateTaxes
4200000 usd
CY2021 cpt Capitalized Real Estate Taxes
CapitalizedRealEstateTaxes
2800000 usd
CY2023 us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<div style="margin-bottom:5pt;margin-top:5pt;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%">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, and include rental revenue 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 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:5pt;margin-top:5pt;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%">Property Revenue. </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 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:5pt;margin-top:5pt;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, 2023, 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><td style="width:61.440%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:36.360%"></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;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 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%">865.9 </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%">2025</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%">40.4 </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%">2026</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%">3.8 </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%">2027</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%">3.3 </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%">2028</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%">3.0 </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%">6.3 </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%">922.7 </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></div><div style="margin-bottom:5pt;margin-top:5pt;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%">We believe there is no significant concentration of credit risk due to the number of residents, the types and diversity of submarkets in which our properties operate, and the collection terms.</span></div>
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
865900 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
40400 usd
CY2023Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
14300000 usd
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
11100000 usd
CY2023 cpt Percentage Of Rental Revenue And Other Income From Leasing Of Apartment Homes
PercentageOfRentalRevenueAndOtherIncomeFromLeasingOfApartmentHomes
0.99
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:5pt;margin-top:5pt;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%">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></div>
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1000000 shares
CY2023 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
403309000 usd
CY2022 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
653613000 usd
CY2021 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
303907000 usd
CY2023 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
646000 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
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
402663000 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
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.71
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.07
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.97
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
108653000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
107605000 shares
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
402663000 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
CY2023 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
2086000 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
CY2023 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
404749000 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
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.70
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.04
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.96
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
108653000 shares
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
CY2023 cpt Common Share Options And Share Awards Granted
CommonShareOptionsAndShareAwardsGranted
21000 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
CY2023 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
725000 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
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
109399000 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
CY2023Q4 cpt Shares Authorized
SharesAuthorized
185000000 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
175000000 shares
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
106800000 shares
CY2023Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2023Q4 cpt Negative Tax Capital Held By Unitholder Of Partnership
NegativeTaxCapitalHeldByUnitholderOfPartnership
23800000 usd
CY2023 cpt Annual Dividend Distribution Percentage To Shareholders To Qualify As Real Estate Investment Trust
AnnualDividendDistributionPercentageToShareholdersToQualifyAsRealEstateInvestmentTrust
0.90
CY2023Q4 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
CY2021 cpt Tax Treatment Of Dividends And Distributions Long Term Capital Gain
TaxTreatmentOfDividendsAndDistributionsLongTermCapitalGain
1.14
CY2021 cpt Tax Treatment Of Dividends And Distributions Return Of Capital
TaxTreatmentOfDividendsAndDistributionsReturnOfCapital
0
CY2021 cpt Tax Treatment Of Dividends And Distributions Unrecaptured Section Twelve Hundred And Fifty Gain
TaxTreatmentOfDividendsAndDistributionsUnrecapturedSectionTwelveHundredAndFiftyGain
0.12
CY2021 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
3.32
CY2023Q4 cpt Difference Between Carry Value Of Net Assets And Tax Basis Of Net Assets
DifferenceBetweenCarryValueOfNetAssetsAndTaxBasisOfNetAssets
1600000000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
3700000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
3000000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1900000 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2022Q2 cpt Equity Method Investment Ownership Percentage Cpt
EquityMethodInvestmentOwnershipPercentageCPT
0.313
CY2022Q2 cpt Equity Method Investment Ownership Percentage Cpt
EquityMethodInvestmentOwnershipPercentageCPT
0.313
CY2022Q2 cpt Equity Method Investment Ownership Percentage Cpt
EquityMethodInvestmentOwnershipPercentageCPT
0.313
CY2023 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
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
CY2023Q4 us-gaap Unsecured Debt
UnsecuredDebt
3385300000 usd
CY2022Q4 us-gaap Unsecured Debt
UnsecuredDebt
3165900000 usd
CY2023Q4 us-gaap Secured Debt
SecuredDebt
330100000 usd
CY2022Q4 us-gaap Secured Debt
SecuredDebt
515000000.0 usd
CY2023Q4 us-gaap Notes Payable
NotesPayable
3715400000 usd
CY2022Q4 us-gaap Notes Payable
NotesPayable
3680900000 usd
CY2023Q4 cpt Value Of Real Estate Assets At Cost Subject To Secured Notes
ValueOfRealEstateAssetsAtCostSubjectToSecuredNotes
1342200000 usd
CY2022Q4 cpt Value Of Real Estate Assets At Cost Subject To Secured Notes
ValueOfRealEstateAssetsAtCostSubjectToSecuredNotes
2080900000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
5500000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
18000000 usd
CY2023Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
1200000000 usd
CY2022Q2 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
2400000 usd
CY2023 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
400000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
800000 usd
CY2023 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
1700000 usd
CY2023Q4 cpt Weighted Average Maturity Of Indebtedness Including Unsecured Line Of Credit
WeightedAverageMaturityOfIndebtednessIncludingUnsecuredLineOfCredit
5.6 y
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
536600000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
296900000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
532700000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
172900000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
530400000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1645900000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
3715400000 usd
CY2023Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.042
CY2023Q4 us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
700000 usd
CY2023 cpt Cpt Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
CPTDerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
1400000 usd
CY2022 cpt Cpt Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
CPTDerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
1300000 usd
CY2023 cpt Share Based Compensation Arrangement By Share Based Payment Award Compensation Cost For Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardCompensationCostForPeriod
15800000 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
CY2023 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
5900000 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
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
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
219250 shares
CY2023 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
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
203547 shares
CY2023 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
121.46
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
6186 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
130.31
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
174164 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
126.46
CY2023 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
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
CY2023Q4 cpt Employee Share Purchase Programmaximumsharesavailable
EmployeeSharePurchaseProgrammaximumsharesavailable
500000 shares
CY2023 cpt Percentage Of Market Valueat Which Shares Purchased Under Employee Share Purchase Plan
PercentageOfMarketValueatWhichSharesPurchasedUnderEmployeeSharePurchasePlan
0.85
CY2023 cpt Employee Share Purchase Plan Maximum Authorized Amount Per Participant
EmployeeSharePurchasePlanMaximumAuthorizedAmountPerParticipant
25000 usd
CY2023 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
17306 shares
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
CY2023 cpt Weighted Average Fair Value Of Shares Purchased Under Employee Share Purchase Plan
WeightedAverageFairValueOfSharesPurchasedUnderEmployeeSharePurchasePlan
104.26
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
CY2023 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
200000 usd
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
CY2023Q4 cpt Share Awards Held In Employee Trust Shares
ShareAwardsHeldInEmployeeTrustShares
1000000 shares
CY2022Q4 cpt Share Awards Held In Employee Trust Shares
ShareAwardsHeldInEmployeeTrustShares
1100000 shares
CY2023Q4 cpt Trading Securities Held In Employee Trust Value
TradingSecuritiesHeldInEmployeeTrustValue
9700000 usd
CY2022Q4 cpt Trading Securities Held In Employee Trust Value
TradingSecuritiesHeldInEmployeeTrustValue
8900000 usd
CY2023Q4 cpt Cash Required By Plan Participants Upon Withdrawal
CashRequiredByPlanParticipantsUponWithdrawal
11900000 usd
CY2022Q4 cpt Cash Required By Plan Participants Upon Withdrawal
CashRequiredByPlanParticipantsUponWithdrawal
13300000 usd
CY2023Q4 cpt Share Awards Held In Non Qualified Deferred Compensation Plan Shares
ShareAwardsHeldInNonQualifiedDeferredCompensationPlanShares
1100000 shares
CY2022Q4 cpt Share Awards Held In Non Qualified Deferred Compensation Plan Shares
ShareAwardsHeldInNonQualifiedDeferredCompensationPlanShares
1000000 shares
CY2023Q4 cpt Trading Securities Held In Non Qualified Deferred Compensation Plan Value
TradingSecuritiesHeldInNonQualifiedDeferredCompensationPlanValue
122300000 usd
CY2022Q4 cpt Trading Securities Held In Non Qualified Deferred Compensation Plan Value
TradingSecuritiesHeldInNonQualifiedDeferredCompensationPlanValue
111700000 usd
CY2023 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
3400000 usd
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
3400000 usd
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
3300000 usd
CY2023Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
132000000.0 usd
CY2022Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
120700000 usd
CY2023Q4 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
usd
CY2023Q4 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
usd
CY2022Q4 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
usd
CY2022Q4 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
usd
CY2022Q4 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
usd
CY2023 cpt Participant Withdrawals From Deferred Compensation Plan Investments
ParticipantWithdrawalsFromDeferredCompensationPlanInvestments
10900000 usd
CY2022 cpt Participant Withdrawals From Deferred Compensation Plan Investments
ParticipantWithdrawalsFromDeferredCompensationPlanInvestments
3600000 usd
CY2022Q2 cpt Equity Method Investment Ownership Percentage Cpt
EquityMethodInvestmentOwnershipPercentageCPT
0.313
CY2023 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1951000 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
CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
13639000 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
CY2023 us-gaap Increase Decrease In Property And Other Taxes Payable
IncreaseDecreaseInPropertyAndOtherTaxesPayable
968000 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
CY2023 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
2018000 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
CY2023 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-3301000 usd
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-4159000 usd
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-3742000 usd
CY2023 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
17975000 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
CY2023Q4 cpt Numberofconsolidatedprojectsunderconstruction
Numberofconsolidatedprojectsunderconstruction
4
CY2023Q4 cpt Anticipated Expenditures Relating To Completion Of Construction Type Contracts
AnticipatedExpendituresRelatingToCompletionOfConstructionTypeContracts
137600000 usd
CY2023Q4 us-gaap Earnest Money Deposits
EarnestMoneyDeposits
600000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4400000 usd
CY2021 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
144679000 usd
CY2023Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
13192127000 usd
CY2022 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
59129000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
6000000.0 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
6000000.0 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
8400000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
2700000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
2700000 usd
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
1200000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
1300000 usd
CY2023 us-gaap Operating Lease Expense
OperatingLeaseExpense
3900000 usd
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
4000000.0 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
2600000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
2500000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y4M24D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y10M24D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.051
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.046
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
3300000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2400000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
500000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
200000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
400000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
6000000.0 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
1701683000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
9761862000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Improvements
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements
1728582000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
1701683000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
11490444000 usd
CY2023Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
13192127000 usd
CY2023Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
4332524000 usd
CY2023Q4 cpt Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation
RealEstateAndAccumulatedDepreciationTotalCostOfRealEstateAssetsNetOfAccumulatedDepreciation
8859603000 usd
CY2023Q4 srt Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
330127000 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
CY2023 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
0 usd
CY2022 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
2068440000 usd
CY2021 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
607099000 usd
CY2023 cpt Real Estate Development
RealEstateDevelopment
309678000 usd
CY2022 cpt Real Estate Development
RealEstateDevelopment
352174000 usd
CY2021 cpt Real Estate Development
RealEstateDevelopment
346173000 usd
CY2023 us-gaap Real Estate Improvements
RealEstateImprovements
109257000 usd
CY2022 us-gaap Real Estate Improvements
RealEstateImprovements
105321000 usd
CY2021 us-gaap Real Estate Improvements
RealEstateImprovements
87297000 usd
CY2023 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
142681000 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
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
CY2023 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
562397000 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
CY2023 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
77984000 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
CY2023Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
4332524000 usd
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3848111000 usd
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3358027000 usd
CY2023Q4 srt Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
11000000000 usd
CY2023 srt Mortgage Loan On Real Estate Final Maturity Date
MortgageLoanOnRealEstateFinalMaturityDate
2025-10-01
CY2023Q4 srt Mortgage Loans On Real Estate Federal Income Tax Basis1
MortgageLoansOnRealEstateFederalIncomeTaxBasis1
2087000 usd
CY2023 srt Mortgage Loan On Real Estate Final Maturity Date
MortgageLoanOnRealEstateFinalMaturityDate
2025-10-01
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
CY2023 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
1445000 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
CY2023Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
2087000 usd
CY2022Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
3532000 usd
CY2021Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
4978000 usd

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