Related Party Transactions (Tables)

12 Months Ended

Dec. 31, 2023

Related Party Transactions [Abstract]

Schedule of Related Party Transactions

The following table presents the revenues and expenses from these arrangements with the Joint Ventures in our consolidated statements of operations (in thousands):

		Years Ended December 31,
Related Party	Nature of Transaction	2023		2022		2021
EMEA 1 Joint Venture	Revenues	$	28,962	$	39,065	$	42,387
EMEA 1 Joint Venture	Expenses (1)	16,900		7,686		8,303
VIE Joint Ventures (2)	Revenues	106,665		40,284		28,320

(1)Balances primarily consist of rent expenses for a 15-year sub-lease agreement with the EMEA 1 Joint Venture for a London data center.

(2)Expenses from transactions with VIE Joint Ventures were insignificant for the years ended December 31, 2023, 2022 and 2021.

The following table presents the assets and liabilities from related party transactions with the Joint Ventures in our consolidated balance sheets (in thousands):

		As of December 31,
Related Party	Balance Sheet	2023		2022
EMEA 1 Joint Venture	Accounts receivable, net	$	18,946	$	25,717
	Other current assets (1)	19,099		55,473
	Property, plant and equipment, net (2)	97,436		100,968
	Operating lease right-of-use assets	1,921		—
	Other current liabilities	9,182		1,857
	Finance lease liabilities	110,677		108,603
	Operating lease liabilities	1,954		—
	Other liabilities (3)	50,002		33,773
VIE Joint Ventures	Accounts receivable, net	23,020		14,076
	Other current assets (1)	42,829		11,140
	Property, plant and equipment, net (2)	72,113		—
	Operating lease right-of-use assets	1,788		—
	Other assets (1)	20,624		—
	Other current liabilities	5,774		—
	Finance lease liabilities	75,061		—
	Operating lease liabilities	1,700		—

(1)The balance primarily relates to contract assets and other receivables.

(2)The balance relates to finance lease right-of-use assets.

(3)The balance primarily relates to the obligation to pay for future construction for certain sites sold as a part of the EMEA 1 Joint Venture transaction.

Our activity of other related party transactions was as follows (in thousands):

	Years ended December 31,
	2023		2022		2021
Revenues	$	309,509	$	236,464	$	140,947
Costs and services	37,945		58,932		5,337

	As of December 31,
	2023		2022
Accounts receivable, net	$	33,405	$	25,990
Accounts payable	45		665