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Consolidated Balance Sheets (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
Properties, net:  
Operating properties, net$ 2,772,303$ 2,802,773
Properties under construction or development696,914642,682
Total properties, net3,469,2173,445,455
Assets held for sale, net72,767 
Cash and cash equivalents11,50410,102
Restricted cash and marketable securities39,23222,582
Accounts receivable (net of allowance for doubtful accounts of $3,404 and $2,796, respectively)20,99118,938
Deferred rent receivable87,14879,160
Intangible assets on real estate acquisitions, net97,954113,735
Deferred leasing and financing costs, net70,79160,649
Prepaid expenses and other assets95,78893,896
Total assets3,965,3923,844,517
Liabilities:  
Debt, net2,420,0732,323,681
Accounts payable and accrued expenses114,83499,699
Rents received in advance and security deposits28,24131,603
Dividends and distributions payable35,02932,986
Deferred revenue associated with operating leases15,62114,802
Distributions received in excess of investment in unconsolidated real estate joint venture5,9535,545
Interest rate derivatives30,6294,226
Other liabilities7,3898,837
Total liabilities2,657,7692,521,379
Commitments and contingencies (Note 16)  
Corporate Office Properties Trust's shareholders' equity:  
Preferred Shares of beneficial interest with an aggregate liquidation preference of $216,333 ($0.01 par value; 15,000,000 shares authorized and 8,121,667 shares issued and outstanding at September 30, 2011 and December 31, 2010)8181
Common Shares of beneficial interest ($0.01 par value; 125,000,000 shares authorized, shares issued and outstanding of 71,986,936 at September 30, 2011 and 66,931,582 at December 31, 2010)720669
Additional paid-in capital1,663,8501,511,844
Cumulative distributions in excess of net income(416,342)(281,794)
Accumulated other comprehensive loss(28,618)(4,163)
Total Corporate Office Properties Trust's shareholders' equity1,219,6911,226,637
Noncontrolling interests in subsidiaries:  
Common units in the Operating Partnership60,58369,337
Preferred units in the Operating Partnership8,8008,800
Other consolidated entities18,54918,364
Noncontrolling interests in subsidiaries87,93296,501
Total equity1,307,6231,323,138
Total liabilities and equity$ 3,965,392$ 3,844,517