XML 33 R40.htm IDEA: XBRL DOCUMENT v2.4.1.9
Notes Payable (Narrative) (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Dec. 31, 2014
Mar. 31, 2014
Notes payable $ 2,743.1us-gaap_NotesPayable $ 2,743.5us-gaap_NotesPayable  
Weighted Average Interest Rate 4.40%us-gaap_DebtWeightedAverageInterestRate    
Weighted average maturity of indebtedness (including unsecured line of credit) (in years) 6.1cpt_WeightedAverageMaturityOfIndebtednessIncludingUnsecuredLineOfCredit    
Letter Of Credit [Member]      
Maximum Ability to Issue Letters of Credit Under Unsecured Credit Facility 100cpt_MaximumAbilitytoIssueLettersofCreditUnderUnsecuredCreditFacility
/ us-gaap_ShortTermDebtTypeAxis
= us-gaap_LetterOfCreditMember
   
Outstanding letters of credit under credit facility 6.4us-gaap_LineOfCredit
/ us-gaap_ShortTermDebtTypeAxis
= us-gaap_LetterOfCreditMember
   
Line of Credit [Member]      
Line of Credit Facility, Current Borrowing Capacity 500us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
   
Unsecured Credit Facility, Expiration Date Sep. 22, 2015    
Optional extension period of unsecured credit facility September 2016    
Maximum borrowing capacity under unsecured credit facility 750us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
   
Maximum term of bid rate loans (days) 180    
Lesser of amount stated or the amount available under the line of credit 250cpt_ValueNotExceedingAmountAvailableUnderLineOfCredit
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
   
Available amount under unsecured credit facility 493.6us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
   
Floating rate notes payable [Member]      
Notes payable $ 209.4us-gaap_NotesPayable
/ us-gaap_LongtermDebtTypeAxis
= cpt_FloatingRateNotesPayableMember
$ 209.7us-gaap_NotesPayable
/ us-gaap_LongtermDebtTypeAxis
= cpt_FloatingRateNotesPayableMember
$ 270.9us-gaap_NotesPayable
/ us-gaap_LongtermDebtTypeAxis
= cpt_FloatingRateNotesPayableMember
Weighted Average Interest Rate 1.00%us-gaap_DebtWeightedAverageInterestRate
/ us-gaap_LongtermDebtTypeAxis
= cpt_FloatingRateNotesPayableMember
  1.00%us-gaap_DebtWeightedAverageInterestRate
/ us-gaap_LongtermDebtTypeAxis
= cpt_FloatingRateNotesPayableMember