XML 18 R48.htm IDEA: XBRL DOCUMENT v2.4.1.9
Income Taxes (Reconciliation of Net Income to REIT Taxable Income) (Details) (USD $)
3 Months Ended 12 Months Ended
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Income Tax Disclosure [Abstract]                      
Income tax reconciliation, Estimated designated dividends included in Dividends Paid Deduction                 $ 84,000,000cpt_IncometaxreconciliationEstimateddesignateddividendsincludedinDividendsPaidDeduction    
Net income attributable to common shareholders 178,498,000us-gaap_NetIncomeLoss 38,283,000us-gaap_NetIncomeLoss 35,272,000us-gaap_NetIncomeLoss 40,036,000us-gaap_NetIncomeLoss 129,996,000us-gaap_NetIncomeLoss 70,720,000us-gaap_NetIncomeLoss 72,172,000us-gaap_NetIncomeLoss 63,476,000us-gaap_NetIncomeLoss 292,089,000us-gaap_NetIncomeLoss [1] 336,364,000us-gaap_NetIncomeLoss [1] 283,390,000us-gaap_NetIncomeLoss
(Income) loss from taxable Real Estate Investment Trust subsidiaries included above                 (1,523,000)cpt_LossOfTaxableRealEstateInvestmentTrustSubsidiariesIncludedInNetIncomeLossAttributableToCommonShareholders (2,940,000)cpt_LossOfTaxableRealEstateInvestmentTrustSubsidiariesIncludedInNetIncomeLossAttributableToCommonShareholders 3,323,000cpt_LossOfTaxableRealEstateInvestmentTrustSubsidiariesIncludedInNetIncomeLossAttributableToCommonShareholders
Net income from Real Estate Investment Trust operations                 290,566,000cpt_NetIncomeLossFromRealEstateInvestmentTrustOperations 333,424,000cpt_NetIncomeLossFromRealEstateInvestmentTrustOperations 286,713,000cpt_NetIncomeLossFromRealEstateInvestmentTrustOperations
Book depreciation and amortization, including discontinued operations                 238,989,000cpt_IncomeTaxReconciliationNondeductibleExpenseDepreciationAndAmortizationIncludingDiscontinuedOperations 223,198,000cpt_IncomeTaxReconciliationNondeductibleExpenseDepreciationAndAmortizationIncludingDiscontinuedOperations 213,479,000cpt_IncomeTaxReconciliationNondeductibleExpenseDepreciationAndAmortizationIncludingDiscontinuedOperations
Tax depreciation and amortization                 (200,153,000)cpt_IncomeTaxReconciliationNondeductibleExpenseTaxDepreciationAndAmortization (204,059,000)cpt_IncomeTaxReconciliationNondeductibleExpenseTaxDepreciationAndAmortization (171,060,000)cpt_IncomeTaxReconciliationNondeductibleExpenseTaxDepreciationAndAmortization
Book/tax difference on gains/losses from capital transactions                 (35,635,000)cpt_IncomeTaxReconciliationTaxDifferenceOnGainsLossesFromCapitalTransactions (86,358,000)cpt_IncomeTaxReconciliationTaxDifferenceOnGainsLossesFromCapitalTransactions (63,832,000)cpt_IncomeTaxReconciliationTaxDifferenceOnGainsLossesFromCapitalTransactions
Other book/tax differences, net                 8,805,000us-gaap_IncomeTaxReconciliationOtherAdjustments (9,427,000)us-gaap_IncomeTaxReconciliationOtherAdjustments (40,961,000)us-gaap_IncomeTaxReconciliationOtherAdjustments
Real Estate Investment Trust Taxable Income                 302,572,000cpt_RealEstateInvestmentTrustTaxableIncome 256,778,000cpt_RealEstateInvestmentTrustTaxableIncome 224,339,000cpt_RealEstateInvestmentTrustTaxableIncome
Dividends paid deduction                 (302,572,000)us-gaap_IncomeTaxReconciliationDeductionsDividends [2] (256,778,000)us-gaap_IncomeTaxReconciliationDeductionsDividends [3] (224,339,000)us-gaap_IncomeTaxReconciliationDeductionsDividends [4]
Dividends Paid In Excess Of Taxable Income                 0cpt_DividendsPaidInExcessOfTaxableIncome 0cpt_DividendsPaidInExcessOfTaxableIncome 0cpt_DividendsPaidInExcessOfTaxableIncome
Income tax reconciliation, designated dividends included in dividends paid deduction                   $ 5,100,000cpt_IncomeTaxReconciliationDesignatedDividendsIncludedInDividendsPaidDeduction $ 26,600,000cpt_IncomeTaxReconciliationDesignatedDividendsIncludedInDividendsPaidDeduction
[1] Net income per share is computed independently for each of the quarters presented. Therefore, the sum of quarterly net income per share amounts may not equal the total computed for the year.
[2] The dividends paid deduction includes estimated designated dividends from 2015 of approximately $84.0 million.
[3] We borrowed approximately $5.1 million from 2014 for designated dividends in 2013.
[4] We borrowed approximately $26.6 million from 2013 for designated dividends in 2012.