For the year ending 2025-12-31, CDP has $4,701,790K in assets. $3,114,115K in debts. $274,986K in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | |||
|---|---|---|---|---|
| Operating properties, net | 3,500,087 | |||
| Projects in development or held for future development | 283,390 | |||
| Total properties, net | 3,783,477 | |||
| Property - operating lease right-of-use assets | 50,383 | |||
| Cash and cash equivalents | 274,986 | |||
| Investment in unconsolidated real estate joint ventures | 36,368 | |||
| Accounts receivable, net | 58,185 | |||
| Deferred rent receivable | 177,921 | |||
| Lease incentives, net | 72,347 | |||
| Deferred leasing costs (net of accumulated amortization of 44,127 and 44,060, respectively) | 75,052 | |||
| Amortized cost basis | 73,431 | |||
| Allowance for credit losses | 3,575 | |||
| Investing receivables (net of allowance for credit losses of 3,575 and 2,792, respectively)-Investing Receivables | 69,856 | |||
| Prepaid expenses and other assets, net | 103,215 | |||
| Total assets | 4,701,790 | |||
| Debt, net | 2,767,834 | |||
| Accounts payable and accrued expenses | 147,200 | |||
| Rents received in advance and security deposits | 37,914 | |||
| Dividends and distributions payable | 35,205 | |||
| Deferred revenue associated with operating leases | 47,714 | |||
| Property - operating lease liabilities | 45,012 | |||
| Other liabilities | 33,236 | |||
| Total liabilities | 3,114,115 | |||
| Redeemable noncontrolling interest | 25,506 | |||
| Common shares of beneficial interest (0.01 par value 150,000,000 shares authorized shares issued and outstanding of 113,210,642 at december31, 2025 and 112,703,460 at december 31, 2024) | 1,132 | |||
| Additional paid-in capital | 2,502,661 | |||
| Cumulative distributions in excess of net income | 988,957 | |||
| Accumulated other comprehensive (loss) income | -61 | |||
| Total shareholders equity | 1,514,775 | |||
| Common units in copt defense properties, l.p. (cdplp) | 29,317 | |||
| Other consolidated entities | 18,077 | |||
| Noncontrolling interests in subsidiaries | 47,394 | |||
| Total equity | 1,562,169 | |||
| Total liabilities, redeemable noncontrolling interest and equity | 4,701,790 | |||
COPT DEFENSE PROPERTIES (CDP)
COPT DEFENSE PROPERTIES (CDP)