Income per Unit (Digital Realty Trust, L.P.)

3 Months Ended

Mar. 31, 2015

Digital Realty Trust, L.P.

Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]

Income per Unit

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 March 31,
	2015		2014
Net income available to common unitholders	$	103,754	$	34,879
Weighted average units outstanding—basic	138,406,993		131,142,664
Potentially dilutive common units:
Stock options	33,839		51,909
Unvested incentive units	147,874		160,717
Series H Cumulative Redeemable Preferred Units	—		388,340
2014 market performance-based awards	242,562		—
Weighted average units outstanding—diluted	138,831,268		131,743,630
Income per unit:
Basic	$	0.75	$	0.27
Diluted	$	0.75	$	0.26

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

	Three Months Ended March 31,
	2015	2014
Potentially dilutive 2029 Debentures	—	6,806,254
Potentially dilutive Series E Cumulative Redeemable Preferred Units	4,392,889	5,674,269
Potentially dilutive Series F Cumulative Redeemable Preferred Units	2,785,960	3,598,608
Potentially dilutive Series G Cumulative Redeemable Preferred Units	3,809,345	4,920,508
Potentially dilutive Series H Cumulative Redeemable Preferred Units	5,582,197	—
	16,570,391	20,999,639