| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Depreciation and other amortization | NaN | 163,699 | NaN | NaN |
| Amortization of deferred financing costs and net debt discounts | NaN | 7,261 | NaN | NaN |
| Change in net deferred rent receivable and liability | NaN | 8,510 | NaN | NaN |
| Gain on sales of real estate | NaN | 3,350 | NaN | NaN |
| Share-based compensation | NaN | 11,693 | NaN | NaN |
| Other | NaN | -5,994 | NaN | NaN |
| (increase) decrease in accounts receivable | NaN | 15,936 | NaN | NaN |
| Increase in lease incentives and prepaid expenses and other assets, net | NaN | 10,428 | NaN | NaN |
| Increase (decrease) in accounts payable, accrued expenses and other liabilities | NaN | 556 | NaN | NaN |
| (decrease) increase in rents received in advance and security deposits | NaN | -646 | NaN | NaN |
| Impairment losses | NaN | 0 | NaN | NaN |
| Loss on early extinguishment of debt | NaN | -66 | NaN | NaN |
| Revenues from real estate operations received | -330,486 | NaN | 532,741 | NaN |
| Construction contract and other service revenues received | -30,545 | NaN | 40,457 | NaN |
| Property operating expenses paid | -136,644 | NaN | 212,184 | NaN |
| Construction contract and other service expenses paid | -25,681 | NaN | 33,437 | NaN |
| General, administrative, leasing, and other expenses paid | -13,547 | NaN | 26,839 | NaN |
| Interest expense paid | -39,849 | NaN | 20,893 | 37,985 |
| Revenues from real estate operations received | NaN | NaN | NaN | 345,848 |
| Property operating expenses paid | NaN | NaN | NaN | 123,814 |
| Lease incentives paid | NaN | NaN | NaN | 12,961 |
| General, administrative, leasing and other expenses paid | NaN | NaN | NaN | 20,684 |
| Lease incentives paid | -12,730 | NaN | 17,247 | NaN |
| Construction contract and other service revenues received | NaN | NaN | NaN | 31,384 |
| Interest and other income received | NaN | NaN | 2,885 | NaN |
| Construction contract and other service expenses paid | NaN | NaN | NaN | 25,223 |
| Net income (loss) | NaN | 159,534 | NaN | NaN |
| Other | 3,269 | NaN | -2,295 | 3,407 |
| Net cash provided by operating activities | 96,414 | 81,323 | 68,638 | 159,972 |
| Properties in development or held for future development | 60,794 | 45,370 | 37,565 | 93,224 |
| Acquisitions of operating properties and related intangible assets | NaN | 32,877 | 0 | 0 |
| Tenant improvements on operating properties | 12,687 | 18,422 | 15,128 | 26,636 |
| Other capital improvements on operating properties | 6,239 | 5,052 | 5,714 | 10,301 |
| Proceeds from sale of properties | NaN | 4,998 | NaN | NaN |
| Non-operating distributions from unconsolidated real estate joint venture | NaN | -67 | 21,874 | NaN |
| Investing receivables funded | 0 | 0 | 40 | 9,481 |
| Investing receivables payments received | NaN | 3,193 | NaN | NaN |
| Leasing costs paid | 6,013 | 6,278 | 3,281 | 8,906 |
| Other | -3,433 | 6,752 | -5,311 | 25 |
| Net cash used in investing activities | -82,300 | -106,627 | -34,543 | -148,573 |
| Proceeds From | 212,000 | 57,000 | 122,000 | 191,000 |
| Revolving development facility | 42,000 | 159,000 | NaN | NaN |
| Other debt repayments | NaN | 21,925 | 0 | 0 |
| Unsecured senior notes | NaN | 395,456 | NaN | NaN |
| Repayments Of | 76,000 | 127,000 | 118,000 | 146,000 |
| Term loan facility | NaN | 75,000 | NaN | NaN |
| Revolving development facility | NaN | 63,000 | NaN | NaN |
| Unsecured senior notes | 400,000 | NaN | NaN | NaN |
| Deferred financing costs paid | NaN | 10,589 | NaN | NaN |
| Scheduled principal amortization | 397 | 416 | 1,376 | NaN |
| Common share dividends paid | 34,555 | 34,443 | 34,437 | 67,718 |
| Distributions paid to redeemable noncontrolling interests | NaN | 2,480 | NaN | NaN |
| Scheduled principal amortization | NaN | NaN | NaN | 918 |
| Other | -3,219 | 342 | -1,793 | -4,077 |
| Net cash used in financing activities | -260,171 | 276,945 | -32,688 | -27,713 |
| Net decrease in cash and cash equivalents and restricted cash | -246,057 | 251,641 | 1,407 | -16,314 |
| Cash and cash equivalents and restricted cash at beginning of period | 276,431 | 24,790 | 39,697 | NaN |
| Cash and cash equivalents and restricted cash at end of period | 30,374 | 276,431 | 24,790 | NaN |
COPT DEFENSE PROPERTIES (CDP)
COPT DEFENSE PROPERTIES (CDP)