2022 Q3 Form 10-Q Financial Statement

#000145677222000024 Filed on July 28, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $137.7M $141.3M $147.4M
YoY Change -6.7% 3.08% 1.98%
Cost Of Revenue $44.15M $43.08M $44.01M
YoY Change -5.26% 5.56% 5.79%
Gross Profit $93.53M $98.24M $103.3M
YoY Change -7.36% 2.02% 0.43%
Gross Profit Margin 67.93% 69.52% 70.13%
Selling, General & Admin $14.55M $12.90M $12.57M
YoY Change 85.66% -29.41% -28.98%
% of Gross Profit 15.56% 13.13% 12.16%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $51.49M $56.10M $24.97M
YoY Change -11.73% 3.1% 15.42%
% of Gross Profit 55.05% 57.11% 24.16%
Operating Expenses $67.54M $70.44M $73.04M
YoY Change 0.25% -4.36% -10.6%
Operating Profit $25.99M $27.80M $30.31M
YoY Change -22.63% 22.79% 42.95%
Interest Expense $24.97M $26.52M $27.44M
YoY Change -7.28% -8.57% -4.72%
% of Operating Profit 96.06% 95.39% 90.54%
Other Income/Expense, Net
YoY Change
Pretax Income $18.01M -$15.41M -$12.03M
YoY Change 306.09% -76.73% -131.09%
Income Tax $90.00K -$190.0K $531.0K
% Of Pretax Income 0.5%
Net Earnings $16.96M -$16.06M -$13.41M
YoY Change 357.0% -75.93% -135.41%
Net Earnings / Revenue 12.32% -11.36% -9.1%
Basic Earnings Per Share $0.35 -$0.33 -$0.28
Diluted Earnings Per Share $0.35 -$0.33 -$0.28
COMMON SHARES
Basic Shares Outstanding 48.46M shares 48.25M shares 48.24M shares
Diluted Shares Outstanding 48.29M shares 48.25M shares 48.24M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $14.01M $26.01M $97.66M
YoY Change -74.48% 39.32% -47.07%
Cash & Equivalents $14.01M $26.01M $97.66M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $105.9M $103.4M $106.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $119.9M $129.4M $204.5M
YoY Change -21.35% 17.98% -26.8%
LONG-TERM ASSETS
Property, Plant & Equipment $3.734B $3.733B $3.836B
YoY Change -4.62% -5.82% 9.19%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $35.07M $35.31M $35.01M
YoY Change -2.12% -3.71% -6.39%
Other Assets $69.97M $162.4M $114.0M
YoY Change -44.11% 70.37% 3.98%
Total Long-Term Assets $3.849B $3.933B $3.993B
YoY Change -5.83% -4.1% 8.71%
TOTAL ASSETS
Total Short-Term Assets $119.9M $129.4M $204.5M
Total Long-Term Assets $3.849B $3.933B $3.993B
Total Assets $3.969B $4.063B $4.198B
YoY Change -6.39% -3.53% 6.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $152.9M $134.5M $136.0M
YoY Change 21.08% 5.61% 31.29%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $152.9M $141.2M $143.9M
YoY Change 10.12% -2.8% 22.98%
LONG-TERM LIABILITIES
Long-Term Debt $2.394B $2.487B $2.580B
YoY Change -7.08% -1.17% 17.02%
Other Long-Term Liabilities $16.06M $19.02M $16.93M
YoY Change -14.66% -9.07% 67.66%
Total Long-Term Liabilities $2.410B $2.506B $2.597B
YoY Change -7.13% -1.24% 17.26%
TOTAL LIABILITIES
Total Short-Term Liabilities $152.9M $141.2M $143.9M
Total Long-Term Liabilities $2.410B $2.506B $2.597B
Total Liabilities $2.563B $2.647B $2.741B
YoY Change -6.26% -1.32% 17.54%
SHAREHOLDERS EQUITY
Retained Earnings $163.2M $146.3M $162.3M
YoY Change 2.8% -5.68% -26.81%
Common Stock $2.620B $2.619B $2.618B
YoY Change 0.09% 0.08% 0.07%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.406B $1.415B $1.457B
YoY Change
Total Liabilities & Shareholders Equity $3.969B $4.063B $4.198B
YoY Change -6.39% -3.53% 6.2%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income $16.96M -$16.06M -$13.41M
YoY Change 357.0% -75.93% -135.41%
Depreciation, Depletion And Amortization $51.49M $56.10M $24.97M
YoY Change -11.73% 3.1% 15.42%
Cash From Operating Activities $43.77M $58.65M $50.27M
YoY Change 5.97% -1.39% -13.25%
INVESTING ACTIVITIES
Capital Expenditures -$47.89M -$52.92M -$36.23M
YoY Change -22.04% -90.41% 136.79%
Acquisitions
YoY Change
Other Investing Activities $114.2M $44.59M $27.45M
YoY Change 335.83% 18.78% -78.76%
Cash From Investing Activities $66.29M -$8.328M -$8.784M
YoY Change -288.15% -98.38% -107.71%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -122.3M -121.6M -$26.94M
YoY Change -509.47% -144.47% -1.03%
NET CHANGE
Cash From Operating Activities 43.77M 58.65M $50.27M
Cash From Investing Activities 66.29M -8.328M -$8.784M
Cash From Financing Activities -122.3M -121.6M -$26.94M
Net Change In Cash -12.22M -71.31M $14.54M
YoY Change -134.01% -60.68% -89.94%
FREE CASH FLOW
Cash From Operating Activities $43.77M $58.65M $50.27M
Capital Expenditures -$47.89M -$52.92M -$36.23M
Free Cash Flow $91.66M $111.6M $86.50M
YoY Change -10.78% -81.75% 18.09%

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StockRepurchasedAndRetiredDuringPeriodValue
21000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-16056000 usd
CY2022Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
26634000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
1415450000 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
1609392000 usd
CY2021Q1 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
321000 usd
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
37860000 usd
CY2021Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
26575000 usd
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
1620998000 usd
CY2021Q2 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
1176000 usd
CY2021Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
352000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-66697000 usd
CY2021Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
26575000 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
1528550000 usd
us-gaap Net Income Loss
NetIncomeLoss
-29463000 usd
us-gaap Net Income Loss
NetIncomeLoss
-28837000 usd
us-gaap Depreciation
Depreciation
49455000 usd
us-gaap Depreciation
Depreciation
43313000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
4770000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
4924000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
65691000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
74301000 usd
us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
4096000 usd
us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
3766000 usd
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
-9488000 usd
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
54118000 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
21820000 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
55857000 usd
opi Gain Losson Extinguishmentof Debt Net
GainLossonExtinguishmentofDebtNet
-77000 usd
opi Gain Losson Extinguishmentof Debt Net
GainLossonExtinguishmentofDebtNet
-9294000 usd
us-gaap Straight Line Rent
StraightLineRent
5461000 usd
us-gaap Straight Line Rent
StraightLineRent
9204000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-943000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-952000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1679000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-976000 usd
us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
-6770000 usd
us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
-15206000 usd
us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
15194000 usd
us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
8764000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-4821000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-3986000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-10460000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-6044000 usd
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
-119000 usd
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
11768000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
108913000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
117376000 usd
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
0 usd
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
535902000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
89144000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
31303000 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
51000 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
306000 usd
opi Contributions To Unconsolidated Joint Ventures
ContributionsToUnconsolidatedJointVentures
2202000 usd
opi Contributions To Unconsolidated Joint Ventures
ContributionsToUnconsolidatedJointVentures
0 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
74183000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
166432000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-17112000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-400467000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
25283000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
71939000 usd
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
300000000 usd
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
310000000 usd
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 usd
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
297699000 usd
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
230000000 usd
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
420000000 usd
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0 usd
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
35000000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
941000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
16000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
352000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
53268000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
53150000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-148567000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
246317000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-56766000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-36774000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
84515000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
56855000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
27749000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
20081000 usd
us-gaap Interest Paid Net
InterestPaidNet
56490000 usd
us-gaap Interest Paid Net
InterestPaidNet
53722000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
283000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
287000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
25706000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
18472000 usd
us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
0 usd
us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
13031000 usd
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
1600000 usd
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
150000 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
26006000 usd
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
18667000 usd
CY2022Q2 us-gaap Restricted Cash
RestrictedCash
1743000 usd
CY2021Q2 us-gaap Restricted Cash
RestrictedCash
1414000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
27749000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
20081000 usd
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
opi Number Of Joint Ventures
NumberOfJointVentures
2 joint_venture
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
opi Number Of Joint Ventures
NumberOfJointVentures
2 joint_venture
CY2022Q2 opi Number Of Operating Lease Executed
NumberOfOperatingLeaseExecuted
18 lease
CY2022Q2 opi Operating Leases Committed Expenditures On Leases Executed In Period Area Of Leased Property
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriodAreaOfLeasedProperty
679000 sqft
CY2022Q2 opi Operating Leases Weighted Average Lease Term
OperatingLeasesWeightedAverageLeaseTerm
P9Y2M12D
CY2022Q2 opi Operating Leases Committed Expenditures On Leases Executed In Period
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriod
37369000 usd
opi Number Of Operating Lease Executed
NumberOfOperatingLeaseExecuted
39 lease
opi Operating Leases Committed Expenditures On Leases Executed In Period Area Of Leased Property
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriodAreaOfLeasedProperty
1251000 sqft
opi Operating Leases Weighted Average Lease Term
OperatingLeasesWeightedAverageLeaseTerm
P9Y10M24D
opi Operating Leases Committed Expenditures On Leases Executed In Period
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriod
70117000 usd
CY2022Q2 opi Operating Leases Committed Expenditures On Leases Executed In Period Committed But Unspent Tenant Related Obligations
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriodCommittedButUnspentTenantRelatedObligations
130726000 usd
opi Number Of Real Estate Properties Additional Impairment
NumberOfRealEstatePropertiesAdditionalImpairment
1 property
opi Number Of Joint Ventures
NumberOfJointVentures
2 joint_venture
opi Number Of Joint Ventures
NumberOfJointVentures
2 joint_venture
us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
Our leases provide for base rent payments and in addition may include variable payments. Rental income from operating leases, including any payments derived by index or market-based indices, is recognized on a straight line basis over the lease term when we have determined that the collectability of substantially all of the lease payments is probable. Some of our leases have options to extend or terminate the lease exercisable at the option of our tenants, which are considered when determining the lease term. In certain circumstances, some leases provide the tenant with the right to terminate if the legislature or other funding authority does not appropriate the funding necessary for the tenant to meet its lease obligations; we have determined the fixed non-cancelable lease term of these leases to be the full term of the lease because we believe the occurrence of early terminations to be a remote contingency based on both our historical experience and our assessments of the likelihood of lease cancellation on a separate lease basis.
CY2022Q2 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
2775000 usd
CY2021Q2 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
3847000 usd
us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
5461000 usd
us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
9204000 usd
CY2022Q2 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
86379000 usd
CY2021Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
82978000 usd
CY2022Q2 us-gaap Variable Lease Income
VariableLeaseIncome
22101000 usd
us-gaap Variable Lease Income
VariableLeaseIncome
44637000 usd
CY2022Q2 opi Tenant Reimbursement Income
TenantReimbursementIncome
21009000 usd
opi Tenant Reimbursement Income
TenantReimbursementIncome
42484000 usd
CY2021Q2 us-gaap Variable Lease Income
VariableLeaseIncome
17488000 usd
us-gaap Variable Lease Income
VariableLeaseIncome
36348000 usd
CY2021Q2 opi Tenant Reimbursement Income
TenantReimbursementIncome
16639000 usd
opi Tenant Reimbursement Income
TenantReimbursementIncome
34442000 usd
CY2022Q2 opi Number Of Other Governments
NumberOfOtherGovernments
4 government_tenant
CY2021Q2 opi Number Of Other Governments
NumberOfOtherGovernments
4 government_tenant
CY2022Q2 opi Number Of Properties Collateralized
NumberOfPropertiesCollateralized
2 building
CY2022Q2 opi Aggregate Net Book Value Of Real Estate Properties Collateralized
AggregateNetBookValueOfRealEstatePropertiesCollateralized
126295000 usd
CY2022Q2 opi Aggregate Principal Amount Of Real Estate Properties Collateralized
AggregatePrincipalAmountOfRealEstatePropertiesCollateralized
73018000 usd
CY2022Q2 opi Share Based Compensation Arrangement By Share Based Payment Award Trustee Compensation Arrangement Number Of Trustees
ShareBasedCompensationArrangementByShareBasedPaymentAwardTrusteeCompensationArrangementNumberOfTrustees
9 trustee
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
790 shares
opi Stock Repurchased During Period Price Per Share
StockRepurchasedDuringPeriodPricePerShare
20.59
CY2022Q2 opi Stock Repurchased During Period Number Of Trustees
StockRepurchasedDuringPeriodNumberOfTrustees
1 trustee
CY2022Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.55
CY2022Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
26634000 usd
CY2022Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.55
CY2022Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
26634000 usd
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.10
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
53268000 usd

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