Quarterly Data (Unaudited)

12 Months Ended

Dec. 31, 2011

Quarterly Data (Unaudited)

Quarterly Data (Unaudited)

20. Quarterly Data (Unaudited)

        The tables below set forth selected quarterly information for the years ended December 31, 2011 and 2010 (in thousands, except per share data). Certain of the amounts below have been reclassified to conform to the current period presentation of our consolidated financial statements.

	For the Year Ended December 31, 2011
	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
Revenues	$	137,489		$	142,833		$	137,517		$	139,002
Operating income (loss)	$	4,007		$	12,836		$	30,761		$	(43,482	)
(Loss) income from continuing operations	$	(20,366	)	$	(5,524	)	$	4,283		$	(91,089	)
Discontinued operations	$	(901	)	$	(20,499	)	$	3,187		$	3,870
Net (loss) income	$	(18,566	)	$	(26,007	)	$	7,470		$	(87,215	)
Net loss (income) attributable to noncontrolling interests		776			1,783			(904	)		4,988
Net (loss) income attributable to COPT		(17,790	)		(24,224	)		6,566			(82,227	)
Preferred share dividends		(4,025	)		(4,026	)		(4,025	)		(4,026	)
Net (loss) income attributable to COPT common shareholders	$	(21,815	)	$	(28,250	)	$	2,541		$	(86,253	)
Basic earnings per share:
Loss from continuing operations	$	(0.32	)	$	(0.14	)	$	(0.01	)	$	(1.26	)
Net (loss) income attributable to COPT common shareholders	$	(0.33	)	$	(0.42	)	$	0.03		$	(1.21	)
Diluted earnings per share:
Loss from continuing operations	$	(0.32	)	$	(0.14	)	$	(0.01	)	$	(1.26	)
Net (loss) income attributable to COPT common shareholders	$	(0.33	)	$	(0.42	)	$	0.03		$	(1.21	)

	For the Year Ended December 31, 2010
	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
Revenues	$	142,325		$	129,163		$	121,915		$	144,195
Operating income	$	29,747		$	32,718		$	29,233		$	32,834
Income from continuing operations	$	8,890		$	7,891		$	4,528		$	15,311
Discontinued operations	$	1,768		$	925		$	1,921		$	1,441
Net income	$	10,675		$	9,151		$	8,926		$	16,752
Net income attributable to noncontrolling interests		(737	)		(685	)		(94	)		(1,228	)
Net income attributable to COPT		9,938			8,466			8,832			15,524
Preferred share dividends		(4,025	)		(4,026	)		(4,025	)		(4,026	)
Net income attributable to COPT common shareholders	$	5,913		$	4,440		$	4,807		$	11,498
Basic earnings per share:
Income from continuing operations	$	0.07		$	0.06		$	0.05		$	0.16
Net income attributable to COPT common shareholders	$	0.10		$	0.07		$	0.08		$	0.18
Diluted earnings per share:
Income from continuing operations	$	0.07		$	0.06		$	0.05		$	0.16
Net income attributable to COPT common shareholders	$	0.10		$	0.07		$	0.08		$	0.18