XML 108 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Properties:    
Land $ 690,356 $ 661,058
Acquired ground leases 13,216 13,658
Buildings and improvements 8,125,636 7,662,973
Tenant improvements 432,631 404,830
Total investments in properties 9,261,839 8,742,519
Accumulated depreciation and amortization (1,377,375) (1,206,017)
Net investments in properties 7,884,464 7,536,502
Investment in unconsolidated joint ventures 74,047 66,634
Net investments in real estate 7,958,511 7,603,136
Cash and cash equivalents 24,260 56,281
Accounts and other receivables, net of allowance for doubtful accounts of $3,603 and $3,609 as of June 30, 2013 and December 31, 2012, respectively 159,847 168,286
Deferred rent 360,588 321,715
Acquired above market leases, net 56,310 65,055
Acquired in place lease value and deferred leasing costs, net 492,884 495,205
Deferred financing costs, net 31,881 30,621
Restricted cash 38,977 44,050
Other assets 61,601 34,865
Total assets 9,184,859 8,819,214
LIABILITIES AND EQUITY/CAPITAL    
Unsecured senior notes, net of discount 2,342,990 1,738,221
Exchangeable senior debentures 266,400 266,400
Mortgage loans, net of premiums 737,352 792,376
Accounts payable and other accrued liabilities 617,766 646,427
Accrued dividends and distributions   93,434
Acquired below market leases, net 137,297 148,233
Security deposits and prepaid rents 148,278 154,171
Total liabilities 5,601,589 5,320,830
Commitments and contingencies      
Preferred Stock: $0.01 par value per share, 30,000,000 shares authorized:    
Common Stock: $0.01 par value, 215,000,000 shares authorized, 128,421,888 and 125,140,783 shares issued and outstanding as of June 30, 2013 and December 31, 2012, respectively 1,279 1,247
Additional paid-in capital 3,681,618 3,562,642
Accumulated dividends in excess of earnings (766,704) (656,104)
Accumulated other comprehensive loss, net (64,010) (12,191)
Total stockholders' equity 3,547,111 3,468,305
Noncontrolling Interests:    
Noncontrolling interests in operating partnership 28,935 24,135
Noncontrolling interests in consolidated joint ventures 7,224 5,944
Total noncontrolling interests 36,159 30,079
Total equity 3,583,270 3,498,384
Total liabilities and equity 9,184,859 8,819,214
Digital Realty Trust, L.P. [Member]
   
Properties:    
Land 690,356 661,058
Acquired ground leases 13,216 13,658
Buildings and improvements 8,125,636 7,662,973
Tenant improvements 432,631 404,830
Total investments in properties 9,261,839 8,742,519
Accumulated depreciation and amortization (1,377,375) (1,206,017)
Net investments in properties 7,884,464 7,536,502
Investment in unconsolidated joint ventures 74,047 66,634
Net investments in real estate 7,958,511 7,603,136
Cash and cash equivalents 24,260 56,281
Accounts and other receivables, net of allowance for doubtful accounts of $3,603 and $3,609 as of June 30, 2013 and December 31, 2012, respectively 159,847 168,286
Deferred rent 360,588 321,715
Acquired above market leases, net 56,310 65,055
Acquired in place lease value and deferred leasing costs, net 492,884 495,205
Deferred financing costs, net 31,881 30,621
Restricted cash 38,977 44,050
Other assets 61,601 34,865
Total assets 9,184,859 8,819,214
LIABILITIES AND EQUITY/CAPITAL    
Unsecured senior notes, net of discount 2,342,990 1,738,221
Exchangeable senior debentures 266,400 266,400
Mortgage loans, net of premiums 737,352 792,376
Accounts payable and other accrued liabilities 617,766 646,427
Accrued dividends and distributions   93,434
Acquired below market leases, net 137,297 148,233
Security deposits and prepaid rents 148,278 154,171
Total liabilities 5,601,589 5,320,830
Commitments and contingencies      
Preferred Stock: $0.01 par value per share, 30,000,000 shares authorized:    
Common Units: 128,413,791 and 125,140,783 units issued and outstanding as of March 31, 2013 and December 31, 2012, respectively 2,916,193 2,907,785
Limited partners, 1,505,814 and 1,515,814 common units, 1,093,687 and 937,208 profits interest units and 397,369 and 398,378 class C units outstanding as of June 30, 2013 and December 31, 2012, respectively 32,650 26,854
Accumulated other comprehensive loss, net (67,725) (14,910)
Total partners' capital 3,576,046 3,492,440
Noncontrolling Interests:    
Noncontrolling interests in consolidated joint ventures 7,224 5,944
Total capital 3,583,270 3,498,384
Total liabilities and capital 9,184,859 8,819,214
Series D Cumulative Convertible Preferred Units [Member]
   
Preferred Stock: $0.01 par value per share, 30,000,000 shares authorized:    
Preferred Stock   119,348
Series D Cumulative Convertible Preferred Units [Member] | Digital Realty Trust, L.P. [Member]
   
Preferred Stock: $0.01 par value per share, 30,000,000 shares authorized:    
Preferred Stock   119,348
Series E Cumulative Convertible Preferred Units [Member]
   
Preferred Stock: $0.01 par value per share, 30,000,000 shares authorized:    
Preferred Stock 277,172 277,172
Series E Cumulative Convertible Preferred Units [Member] | Digital Realty Trust, L.P. [Member]
   
Preferred Stock: $0.01 par value per share, 30,000,000 shares authorized:    
Preferred Stock 277,172 277,172
Series F Cumulative Convertible Preferred Units [Member]
   
Preferred Stock: $0.01 par value per share, 30,000,000 shares authorized:    
Preferred Stock 176,191 176,191
Series F Cumulative Convertible Preferred Units [Member] | Digital Realty Trust, L.P. [Member]
   
Preferred Stock: $0.01 par value per share, 30,000,000 shares authorized:    
Preferred Stock 176,191 176,191
Series G Cumulative Convertible Preferred Units [Member] [Member]
   
Preferred Stock: $0.01 par value per share, 30,000,000 shares authorized:    
Preferred Stock 241,565  
Series G Cumulative Convertible Preferred Units [Member] [Member] | Digital Realty Trust, L.P. [Member]
   
Preferred Stock: $0.01 par value per share, 30,000,000 shares authorized:    
Preferred Stock 241,565  
Global Revolving Credit Facility [Member]
   
LIABILITIES AND EQUITY/CAPITAL    
Line of credit 610,328 723,729
Global Revolving Credit Facility [Member] | Digital Realty Trust, L.P. [Member]
   
LIABILITIES AND EQUITY/CAPITAL    
Line of credit 610,328 [1] 723,729
Unsecured Term Loan [Member]
   
LIABILITIES AND EQUITY/CAPITAL    
Line of credit 741,178 757,839
Unsecured Term Loan [Member] | Digital Realty Trust, L.P. [Member]
   
LIABILITIES AND EQUITY/CAPITAL    
Line of credit $ 741,178 $ 757,839
[1] Subject to a one-year extension option exercisable by us. The bank group is obligated to grant the extension option provided we give proper notice, we make certain representations and warranties and no default exists under the global revolving credit facility.