Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Properties, net:
Operating properties, net	$ 3,180,790	$ 3,090,510
Projects in development or held for future development	458,961	442,434
Total properties, net	3,639,751	3,532,944
Property - operating right-of-use assets	38,056	38,361
Assets held for sale, net	0	192,699
Cash and cash equivalents	20,735	13,262
Investment in unconsolidated real estate joint ventures	39,017	39,889
Accounts receivable, net	31,554	40,752
Deferred rent receivable	121,015	108,926
Intangible assets on property acquisitions, net	12,543	14,567
Lease incentives, net	50,871	51,486
Deferred leasing costs (net of accumulated amortization of $32,379 and $31,768, respectively)	68,004	65,850
Prepaid expenses and other assets, net	78,762	81,490
Total assets	4,185,193	4,262,452
Liabilities:
Debt, net	2,177,811	2,272,304
Accounts payable and accrued expenses	177,180	186,202
Rents received in advance and security deposits	27,745	32,262
Dividends and distributions payable	31,400	31,299
Deferred revenue associated with operating leases	8,416	9,341
Property - operating lease liabilities	29,412	29,342
Other liabilities	10,526	17,729
Total liabilities	2,462,490	2,578,479
Commitments and contingencies (Note 18)
Redeemable noncontrolling interests	26,752	26,898
Shareholders’ equity:
Common Shares of beneficial interest ($0.01 par value; 150,000,000 shares authorized; shares issued and outstanding of 112,424,671 at June 30, 2022 and 112,327,533 at December 31, 2021)	1,124	1,123
Additional paid-in capital	2,481,139	2,481,539
Cumulative distributions in excess of net income	(827,076)	(856,863)
Accumulated other comprehensive income (loss)	1,806	(3,059)
Total shareholders’ equity	1,656,993	1,622,740
Noncontrolling interests in subsidiaries:
Common units in Corporate Office Properties, L.P. (“COPLP”)	25,505	21,363
Other consolidated entities	13,453	12,972
Noncontrolling interests in subsidiaries	38,958	34,335
Total equity	1,695,951	1,657,075
Total liabilities, redeemable noncontrolling interests and equity	4,185,193	4,262,452
Investing Receivables
Properties, net:
Investing receivables (net of allowance for credit losses of $1,645 and $1,599, respectively)	$ 84,885	$ 82,226