Equity and Accumulated Other Comprehensive Loss, Net (Tables)

6 Months Ended

Jun. 30, 2011

Equity and Accumulated Other Comprehensive Loss, Net

Ownership Interest in the Operating Partnership

	June 30, 2011					December 31, 2010
	Number of units		Percentage of total			Number of units		Percentage of total
Digital Realty Trust, Inc.		98,754,727		95.1	%		91,159,221		94.3	%
Noncontrolling interests consist of:
Common units held by third parties		3,430,814		3.3			3,937,827		4.1
Incentive units held by employees and directors (see note 12)		1,604,032		1.6			1,525,622		1.6
		103,789,573		100.0	%		96,622,670		100.0	%

Summary of Activity in Noncontrolling Interest in the Operating Partnership

	Common Units			Incentive Units			Total
As of December 31, 2010		3,937,827			1,525,622			5,463,449
Redemption of common units for shares of Digital Realty Trust, Inc. common stock (1)		(507,013	)		—			(507,013	)
Conversion of incentive units held by employees and directors for shares of Digital Realty Trust, Inc. common stock (1)		—			(51,957	)		(51,957	)
Cancellation of incentive units held by employees and directors		—			(53,138	)		(53,138	)
Grant of incentive units to employees and directors		—			183,505			183,505
As of June 30, 2011		3,430,814			1,604,032			5,034,846

(1) This redemption was recorded as a reduction to noncontrolling interests in the Operating Partnership and an increase to common stock and additional paid in capital based on the book value per unit in the accompanying condensed consolidated balance sheet of Digital Realty Trust, Inc.

Schedule of Dividends Declared and Payable

(c) Dividends

We have declared the following dividends on our common and preferred stock for the six months ended June 30, 2011 (in thousands):

Date dividend declared	Dividend payable date		Series C Preferred Stock (1)		Series D Preferred Stock (2)		Common Stock  (3)
February 10, 2011		March 31, 2011	$	1,832	$	4,690	$	62,459
April 25, 2011		June 30, 2011	$	1,441	$	3,272	$	67,031
			$	3,273	$	7,962	$	129,490

(1) $1.094 annual rate of dividend per share.

(2) $1.375 annual rate of dividend per share.

(3) $2.720 annual rate of dividend per share.

Schedule of Accumulated Other Comprehensive Income

	Foreign currency translation adjustments			Cash flow hedge adjustments			Accumulated other comprehensive loss, net
Balance as of December 31, 2010	$	(33,175	)	$	(8,906	)	$	(42,081	)
Net current period change		23,800			(907	)		22,893
Reclassification to interest expense from interest rate swaps		—			3,019			3,019
Balance as of June 30, 2011	$	(9,375	)	$	(6,794	)	$	(16,169	)