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Fair Value Of Instruments (Tables)
6 Months Ended
Jun. 30, 2013
Estimated Fair Value And Carrying Amounts

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of June 30, 2013

 

As of December 31, 2012

 

Categorization under the fair value hierarchy

 

Estimated Fair Value

 

Carrying Value

 

Estimated Fair Value

 

Carrying Value

Global revolving credit facility (1)

Level 2

 

$                  610,328

 

$          610,328

 

$                  723,729

 

$          723,729

Unsecured term loan (2)

Level 2

 

741,178 

 

741,178 

 

757,839 

 

757,839 

Unsecured senior notes (3)(4)

Level 2

 

2,395,493 

 

2,342,990 

 

1,907,188 

 

1,738,221 

Exchangeable senior debentures (3)

Level 2

 

416,642 

 

266,400 

 

446,476 

 

266,400 

Mortgage loans (3)

Level 2

 

784,001 

 

737,352 

 

845,125 

 

792,376 

 

 

 

$               4,947,642

 

$       4,698,248

 

$               4,680,357

 

$       4,278,565

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)

The carrying value of our global revolving credit facility approximates estimated fair value, due to the variability of interest rates and the stability of our credit rating.  

(2)

The carrying value of our unsecured term loan approximates estimated fair value, due to the variability of interest rates and the stability of our credit rating.  

 

 

 

(3)

Valuations for our unsecured senior notes and mortgage loans are determined based on the expected future payments discounted at risk-adjusted rates. The 2015 Notes, 2020 Notes, 2021 Notes, 2022 Notes and 2025 Notes and exchangeable senior debentures are valued based on quoted market prices.

 

 

 

(4)

The carrying value of the 2015 Notes, 2020 Notes, 2021 Notes, 2022 Notes and 2025 Notes are net of discount of $15,530 and $11,779 in the aggregate as of June 30, 2013 and December 31, 2012, respectively.

 

Digital Realty Trust, L.P. [Member]
 
Estimated Fair Value And Carrying Amounts

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of June 30, 2013

 

As of December 31, 2012

 

Categorization under the fair value hierarchy

 

Estimated Fair Value

 

Carrying Value

 

Estimated Fair Value

 

Carrying Value

Global revolving credit facility (1)

Level 2

 

$                  610,328

 

$          610,328

 

$                  723,729

 

$          723,729

Unsecured term loan (2)

Level 2

 

741,178 

 

741,178 

 

757,839 

 

757,839 

Unsecured senior notes (3)(4)

Level 2

 

2,395,493 

 

2,342,990 

 

1,907,188 

 

1,738,221 

Exchangeable senior debentures (3)

Level 2

 

416,642 

 

266,400 

 

446,476 

 

266,400 

Mortgage loans (3)

Level 2

 

784,001 

 

737,352 

 

845,125 

 

792,376 

 

 

 

$               4,947,642

 

$       4,698,248

 

$               4,680,357

 

$       4,278,565

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)

The carrying value of our global revolving credit facility approximates estimated fair value, due to the variability of interest rates and the stability of our credit rating.  

(2)

The carrying value of our unsecured term loan approximates estimated fair value, due to the variability of interest rates and the stability of our credit rating.  

 

 

 

(3)

Valuations for our unsecured senior notes and mortgage loans are determined based on the expected future payments discounted at risk-adjusted rates. The 2015 Notes, 2020 Notes, 2021 Notes, 2022 Notes and 2025 Notes and exchangeable senior debentures are valued based on quoted market prices.

 

 

 

(4)

The carrying value of the 2015 Notes, 2020 Notes, 2021 Notes, 2022 Notes and 2025 Notes are net of discount of $15,530 and $11,779 in the aggregate as of June 30, 2013 and December 31, 2012, respectively.