Segment Information (Tables)

3 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Schedule of revenue information disaggregated by service lines and geographic areas

The following tables present revenue information disaggregated by product lines and geographic areas (in thousands):

	Three Months Ended March 31, 2020
	Americas		EMEA		Asia-Pacific		Total
Colocation (1)	$	450,954	$	362,330	$	221,093	$	1,034,377
Interconnection	150,929		48,541		42,671		242,141
Managed infrastructure	25,529		30,137		21,824		77,490
Other (1)	5,220		2,466		—		7,686
Recurring revenues	632,632		443,474		285,588		1,361,694
Non-recurring revenues	29,273		35,435		18,140		82,848
Total	$	661,905	$	478,909	$	303,728	$	1,444,542

⁽¹⁾ Includes some leasing and hedging activities.

	Three Months Ended March 31, 2019
	Americas		EMEA		Asia-Pacific		Total
Colocation (1)	$	439,981	$	331,125	$	209,665	$	980,771
Interconnection	138,563		37,525		36,696		212,784
Managed infrastructure	21,787		29,088		21,920		72,795
Other (1)	5,979		2,499		—		8,478
Recurring revenues	606,310		400,237		268,281		1,274,828
Non-recurring revenues	38,056		34,423		15,911		88,390
Total	$	644,366	$	434,660	$	284,192	$	1,363,218

⁽¹⁾ Includes some leasing and hedging activities.

Schedule of Adjusted EBITDA

The Company defines adjusted EBITDA as income from operations excluding depreciation, amortization, accretion, stock-based compensation expense, restructuring charges, impairment charges, transaction costs and gain or loss on asset sales as presented below (in thousands):

	Three Months Ended March 31,
	2020			2019
Adjusted EBITDA:
Americas	$	293,613		$	307,838
EMEA	230,158			199,072
Asia-Pacific	160,439			153,245
Total adjusted EBITDA	684,210			660,155
Depreciation, amortization and accretion expense	(337,431		)	(314,705		)
Stock-based compensation expense	(80,566		)	(49,023		)
Impairment charges	—			(14,448		)
Transaction costs	(11,530		)	(2,471		)
Loss on asset sales	(1,199		)	—
Income from operations	$	253,484		$	279,508

Segment Disclosures

The Company also provides the following additional segment disclosures (in thousands):

	Three Months Ended March 31,
	2020		2019
Depreciation and amortization:
Americas	$	171,074	$	166,770
EMEA	92,374		84,165
Asia-Pacific	72,421		62,243
Total	$	335,869	$	313,178
Capital expenditures:
Americas	$	184,401	$	144,495
EMEA	122,128		164,355
Asia-Pacific	94,412		55,117
Total	$	400,941	$	363,967

Segment Long-Lived Assets

located in the following geographic areas as of (in thousands):

	March 31, 2020		December 31, 2019
Americas	$	5,542,288	$	5,400,287
EMEA	4,005,962		4,051,701
Asia-Pacific	2,628,794		2,700,609
Total Property, plant and equipment, net	$	12,177,044	$	12,152,597
Americas	$	374,778	$	387,598
EMEA	495,554		521,129
Asia-Pacific	544,379		566,640
Total Operating lease right-of-use assets	$	1,414,711	$	1,475,367