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Income Per Unit (Digital Realty Trust, L.P. [Member])
9 Months Ended
Sep. 30, 2013
Digital Realty Trust, L.P. [Member]
 
Income Per Unit

9. Income per Unit

The following is a summary of basic and diluted income per unit (in thousands, except unit and per unit amounts):  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30,

 

Nine Months Ended September 30,

 

 

2013

 

2012

 

2013

 

2012

 

 

 

 

 

 

 

 

 

Net income available to common unitholders—basic

 

$          141,629

 

$            47,189

 

$          233,123

 

$          131,668

 

 

 

 

 

 

 

 

 

Add:  Interest and amortization of debt issuance costs on
2029 Debentures

 

4,050 

 

 -

 

 -

 

 -

Net income available to common unitholders—diluted

 

$          145,679

 

$            47,189

 

$          233,123

 

$          131,668

 

 

 

 

 

 

 

 

 

Weighted average units outstanding—basic

 

130,977,193 

 

126,242,751 

 

130,287,383 

 

117,291,480 

Potentially dilutive common units:

 

 

 

 

 

 

 

 

Stock options

 

58,150 

 

76,774 

 

64,767 

 

74,462 

Unvested incentive units

 

132,195 

 

250,316 

 

119,583 

 

205,247 

Effect of dilutive 2029 Debentures

 

6,683,976 

 

 -

 

 -

 

 -

 

 

 

 

 

 

 

 

 

Weighted average units outstanding—diluted

 

137,851,514 

 

126,569,841 

 

130,471,733 

 

117,571,189 

 

 

 

 

 

 

 

 

 

Income per unit:

 

 

 

 

 

 

 

 

Basic

 

$                1.08

 

$                0.37

 

$                1.79

 

$                1.12

Diluted

 

$                1.06

 

$                0.37

 

$                1.79

 

$                1.12

 

We have excluded the following potentially dilutive securities in the calculations above as they would be antidilutive or not dilutive:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30,

 

Nine Months Ended September 30,

 

 

2013

 

2012

 

2013

 

2012

 

 

 

 

 

 

 

 

 

Potentially dilutive 2029 Debentures

 

 -

 

6,514,812 

 

6,628,489 

 

6,471,282 

Potentially dilutive Series C Cumulative Convertible
   Preferred Units

 

 -

 

 -

 

 -

 

1,087,398 

Potentially dilutive Series D Cumulative Convertible
   Preferred Units

 

 -

 

4,219,384 

 

629,389 

 

4,309,978 

Potentially dilutive Series E Cumulative Redeemable 
   Preferred Units

 

5,251,059 

 

4,151,146 

 

4,853,976 

 

4,045,501 

Potentially dilutive Series F Cumulative Redeemable
   Preferred Units

 

3,330,210 

 

2,632,647 

 

3,078,381 

 

1,243,998 

Potentially dilutive Series G Cumulative Redeemable
   Preferred Units

 

4,553,517 

 

 -

 

2,918,921 

 

 -

 

 

13,134,786 

 

17,517,989 

 

18,109,156 

 

17,158,157