For the quarter ending 2026-03-31, CDP has $4,458,909K in assets. $2,867,138K in debts. $28,580K in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Operating properties, net | 3,494,556 | 3,500,087 | 3,372,672 | 3,359,676 |
| Projects in development or held for future development | 308,420 | 283,390 | 353,184 | 322,880 |
| Total properties, net | 3,802,976 | 3,783,477 | 3,725,856 | 3,682,556 |
| Property - operating lease right-of-use assets | 48,906 | 50,383 | 51,838 | 53,271 |
| Cash and cash equivalents | 28,580 | 274,986 | 23,687 | 21,288 |
| Investment in unconsolidated real estate joint ventures | 35,818 | 36,368 | 36,301 | 38,555 |
| Accounts receivable, net | 51,907 | 58,185 | 38,931 | 43,873 |
| Deferred rent receivable | 182,647 | 177,921 | 173,758 | 171,257 |
| Lease incentives, net | 71,879 | 72,347 | 68,263 | 66,478 |
| Deferred leasing costs (net of accumulated amortization of 45,370 and 44,127, respectively) | 76,430 | 75,052 | 72,272 | 73,342 |
| Amortized cost basis | 73,175 | 73,431 | 83,976 | - |
| Allowance for credit losses | 3,253 | 3,575 | 4,204 | - |
| Investing receivables (net of allowance for credit losses of 4,566 and 2,792, respectively)-Investing Receivables | - | - | - | 79,300 |
| Investing receivables (net of allowance for credit losses of 3,253 and 3,575, respectively) | 69,922 | 69,856 | 79,772 | - |
| Prepaid expenses and other assets, net | 89,844 | 103,215 | 80,754 | 57,030 |
| Total assets | 4,458,909 | 4,701,790 | 4,351,432 | 4,286,950 |
| Debt, net | 2,546,958 | 2,767,834 | 2,443,518 | 2,438,591 |
| Accounts payable and accrued expenses | 116,954 | 147,200 | 135,331 | 106,749 |
| Rents received in advance and security deposits | 40,252 | 37,914 | 36,988 | - |
| Dividends and distributions payable | 37,102 | 35,205 | 35,220 | 35,214 |
| Deferred revenue associated with operating leases | 47,874 | 47,714 | 43,671 | 39,325 |
| Property - operating lease liabilities | 43,768 | 45,012 | 46,203 | 47,372 |
| Rents received in advance and security deposits | - | - | - | 37,799 |
| Other liabilities | 34,230 | 33,236 | 31,245 | 12,901 |
| Total liabilities | 2,867,138 | 3,114,115 | 2,772,176 | 2,717,951 |
| Redeemable noncontrolling interest | 25,130 | 25,506 | 24,217 | 23,258 |
| Common shares of beneficial interest (0.01 par value 150,000,000 shares authorized shares issued and outstanding of 113,377,523 at march31, 2026 and 113,210,642 at december 31, 2025) | 1,134 | 1,132 | 1,130 | 1,129 |
| Additional paid-in capital | 2,500,341 | 2,502,661 | 2,497,736 | 2,495,422 |
| Cumulative distributions in excess of net income | 986,706 | 988,957 | 991,935 | 999,218 |
| Accumulated other comprehensive income (loss) | 34 | -61 | 79 | 342 |
| Total shareholders equity | 1,514,803 | 1,514,775 | 1,507,010 | 1,497,675 |
| Common units in copt defense properties, l.p. (cdplp) | 33,687 | 29,317 | 33,024 | 33,181 |
| Other consolidated entities | 18,151 | 18,077 | 15,005 | 14,885 |
| Noncontrolling interests in subsidiaries | 51,838 | 47,394 | 48,029 | 48,066 |
| Total equity | 1,566,641 | 1,562,169 | 1,555,039 | 1,545,741 |
| Total liabilities, redeemable noncontrolling interest, and equity | 4,458,909 | 4,701,790 | 4,351,432 | 4,286,950 |
COPT DEFENSE PROPERTIES (CDP)
COPT DEFENSE PROPERTIES (CDP)