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Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Cash flows from operating activities    
Net income $ 121,065us-gaap_ProfitLoss $ 41,073us-gaap_ProfitLoss
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 61,530us-gaap_DepreciationDepletionAndAmortization 57,396us-gaap_DepreciationDepletionAndAmortization
Gain on sale of operating properties, including land (85,192)us-gaap_GainLossOnDispositionOfAssets1 (354)us-gaap_GainLossOnDispositionOfAssets1
Distributions of income from joint ventures 1,203us-gaap_EquityMethodInvestmentDividendsOrDistributions 3,873us-gaap_EquityMethodInvestmentDividendsOrDistributions
Equity in income of joint ventures (1,382)us-gaap_IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions [1] (4,290)us-gaap_IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions [1]
Share-based compensation 3,919us-gaap_ShareBasedCompensation 3,626us-gaap_ShareBasedCompensation
Amortization of deferred financing costs 798us-gaap_AmortizationOfFinancingCosts 841us-gaap_AmortizationOfFinancingCosts
Net change in operating accounts and other (25,405)us-gaap_IncreaseDecreaseInOperatingCapital (8,146)us-gaap_IncreaseDecreaseInOperatingCapital
Net cash from operating activities 76,536us-gaap_NetCashProvidedByUsedInOperatingActivities 94,019us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities    
Proceeds from sales of operating properties, including land 112,180cpt_Proceedsfromsaleofoperatingpropertiesincludingland 5,749cpt_Proceedsfromsaleofoperatingpropertiesincludingland
Development and capital improvements (97,754)us-gaap_PaymentsToDevelopRealEstateAssets (110,085)us-gaap_PaymentsToDevelopRealEstateAssets
Distributions from investments in joint ventures 82us-gaap_ProceedsFromDistributionsReceivedFromRealEstatePartnerships 5,853us-gaap_ProceedsFromDistributionsReceivedFromRealEstatePartnerships
Other (366)us-gaap_PaymentsForProceedsFromOtherInvestingActivities (743)us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Net cash from investing activities 14,142us-gaap_NetCashProvidedByUsedInInvestingActivities (99,226)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities    
Distributions to common shareholders and non-controlling interests (60,386)us-gaap_PaymentsOfDividends (56,787)us-gaap_PaymentsOfDividends
Purchase of non-controlling interests (9,500)us-gaap_NoncontrollingInterestIncreaseFromBusinessCombination 0us-gaap_NoncontrollingInterestIncreaseFromBusinessCombination
Borrowings on unsecured line of credit and other short-term borrowings 0us-gaap_ProceedsFromLinesOfCredit 310,000us-gaap_ProceedsFromLinesOfCredit
Repayments on unsecured line of credit and other short-term borrowings 0us-gaap_RepaymentsOfLinesOfCredit (250,000)us-gaap_RepaymentsOfLinesOfCredit
Repayments of Notes Payable (714)us-gaap_RepaymentsOfNotesPayable (1,087)us-gaap_RepaymentsOfNotesPayable
Net decrease in accounts receivable – affiliates 325us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties 1,579us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties
Other 32us-gaap_ProceedsFromPaymentsForOtherFinancingActivities 476us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
Net cash from financing activities (70,243)us-gaap_NetCashProvidedByUsedInFinancingActivities 4,181us-gaap_NetCashProvidedByUsedInFinancingActivities
Net increase (decrease) in cash and cash equivalents 20,435us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (1,026)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of period 153,918us-gaap_CashAndCashEquivalentsAtCarryingValue 17,794us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, end of period 174,353us-gaap_CashAndCashEquivalentsAtCarryingValue 16,768us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental information    
Cash paid for interest, net of interest capitalized 14,420us-gaap_InterestPaidNet 5,307us-gaap_InterestPaidNet
Supplemental schedule of noncash investing and financing activities    
Distributions declared but not paid 64,261us-gaap_DividendsPayableCurrentAndNoncurrent 59,728us-gaap_DividendsPayableCurrentAndNoncurrent
Value of shares issued under benefit plans, net of cancellations 17,297us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans 18,502us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
Net change in redemption of non-qualified share awards 2,412cpt_Netchangeinredemptionofnonqualifiedshareawards 10,694cpt_Netchangeinredemptionofnonqualifiedshareawards
Accrual associated with construction and capital expenditures $ 25,637cpt_AccrualAssociatedWithConstructionAndCapitalExpenditures $ 22,111cpt_AccrualAssociatedWithConstructionAndCapitalExpenditures
[1] Equity in income excludes our ownership interest of fee income from various services provided by us to the funds.