XML 53 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Properties:    
Land $ 657,770us-gaap_Land $ 671,602us-gaap_Land
Acquired ground leases 12,630us-gaap_CapitalLeasedAssetsGross 12,196us-gaap_CapitalLeasedAssetsGross
Buildings and improvements 8,833,712us-gaap_InvestmentBuildingAndBuildingImprovements 8,823,814us-gaap_InvestmentBuildingAndBuildingImprovements
Tenant improvements 513,379us-gaap_TenantImprovements 475,000us-gaap_TenantImprovements
Total investments in properties 10,017,491us-gaap_RealEstateInvestmentPropertyAtCost 9,982,612us-gaap_RealEstateInvestmentPropertyAtCost
Accumulated depreciation and amortization (1,962,966)us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation (1,874,054)us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation
Net investments in properties 8,054,525us-gaap_RealEstateInvestmentPropertyNet 8,108,558us-gaap_RealEstateInvestmentPropertyNet
Investment in unconsolidated joint ventures 103,475us-gaap_RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures 94,729us-gaap_RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
Net investments in real estate 8,158,000us-gaap_RealEstateInvestments 8,203,287us-gaap_RealEstateInvestments
Cash and cash equivalents 37,329us-gaap_CashAndCashEquivalentsAtCarryingValue 41,321us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts and other receivables, net of allowance for doubtful accounts of $6,439 and $6,302 as of September 30, 2014 and December 31, 2013, respectively 112,995us-gaap_AccountsAndNotesReceivableNet 135,931us-gaap_AccountsAndNotesReceivableNet
Deferred rent 455,834us-gaap_DeferredRentReceivablesNet 447,643us-gaap_DeferredRentReceivablesNet
Acquired above-market leases, net 34,757dlr_FiniteLivedIntangibleAssetOffMarketLeaseFavorableNet 38,605dlr_FiniteLivedIntangibleAssetOffMarketLeaseFavorableNet
Acquired in-place lease value and deferred leasing costs, net 434,917us-gaap_FiniteLivedIntangibleAssetAcquiredInPlaceLeases 456,962us-gaap_FiniteLivedIntangibleAssetAcquiredInPlaceLeases
Deferred financing costs, net 28,243us-gaap_DeferredFinanceCostsNet 30,821us-gaap_DeferredFinanceCostsNet
Restricted cash 11,934us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue 11,555us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue
Assets held for sale 81,667us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperation 120,471us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperation
Other assets 52,750us-gaap_OtherAssets 40,188us-gaap_OtherAssets
Total assets 9,408,426us-gaap_Assets 9,526,784us-gaap_Assets
LIABILITIES AND EQUITY    
Unsecured senior notes, net of discount 2,672,472us-gaap_UnsecuredDebt 2,791,758us-gaap_UnsecuredDebt
Mortgage loans, net of premiums 376,527us-gaap_SecuredDebt 378,818us-gaap_SecuredDebt
Accounts payable and other accrued liabilities 523,948us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent 605,923us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
Accrued dividends and distributions 0us-gaap_DividendsPayableCurrentAndNoncurrent 115,019us-gaap_DividendsPayableCurrentAndNoncurrent
Acquired below-market leases, net 97,234us-gaap_OffMarketLeaseUnfavorable 104,235us-gaap_OffMarketLeaseUnfavorable
Security deposits and prepaid rents 108,244us-gaap_SecurityDepositLiability 108,478us-gaap_SecurityDepositLiability
Obligations associated with assets held for sale 3,228us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation 5,764us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
Total liabilities 5,550,565us-gaap_Liabilities 5,612,546us-gaap_Liabilities
Commitments and contingencies      
Preferred Stock: $0.01 par value per share, 70,000,000 shares authorized:    
Common Stock: $0.01 par value, 215,000,000 shares authorized, 135,793,668 and 135,626,255 shares issued and outstanding as of March 31, 2015 and December 31, 2014, respectively 1,350us-gaap_CommonStockValue 1,349us-gaap_CommonStockValue
Additional paid-in capital 3,967,846us-gaap_AdditionalPaidInCapital 3,970,439us-gaap_AdditionalPaidInCapital
Accumulated dividends in excess of earnings (1,110,298)us-gaap_RetainedEarningsUnappropriated (1,096,607)us-gaap_RetainedEarningsUnappropriated
Accumulated other comprehensive (loss) income (91,562)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (45,046)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total stockholders’ equity 3,815,457us-gaap_StockholdersEquity 3,878,256us-gaap_StockholdersEquity
Noncontrolling Interests:    
Noncontrolling interests in operating partnership 35,596us-gaap_MinorityInterestInOperatingPartnerships 29,191us-gaap_MinorityInterestInOperatingPartnerships
Noncontrolling interests in consolidated joint ventures 6,808us-gaap_MinorityInterestInJointVentures 6,791us-gaap_MinorityInterestInJointVentures
Total noncontrolling interests 42,404us-gaap_MinorityInterest 35,982us-gaap_MinorityInterest
Total equity 3,857,861us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 3,914,238us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and equity/capital 9,408,426us-gaap_LiabilitiesAndStockholdersEquity 9,526,784us-gaap_LiabilitiesAndStockholdersEquity
Digital Realty Trust, L.P.    
Properties:    
Land 657,770us-gaap_Land
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
671,602us-gaap_Land
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Acquired ground leases 12,630us-gaap_CapitalLeasedAssetsGross
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
12,196us-gaap_CapitalLeasedAssetsGross
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Buildings and improvements 8,833,712us-gaap_InvestmentBuildingAndBuildingImprovements
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
8,823,814us-gaap_InvestmentBuildingAndBuildingImprovements
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Tenant improvements 513,379us-gaap_TenantImprovements
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
475,000us-gaap_TenantImprovements
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Total investments in properties 10,017,491us-gaap_RealEstateInvestmentPropertyAtCost
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
9,982,612us-gaap_RealEstateInvestmentPropertyAtCost
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Accumulated depreciation and amortization (1,962,966)us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
(1,874,054)us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Net investments in properties 8,054,525us-gaap_RealEstateInvestmentPropertyNet
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
8,108,558us-gaap_RealEstateInvestmentPropertyNet
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Investment in unconsolidated joint ventures 103,475us-gaap_RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
94,729us-gaap_RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Net investments in real estate 8,158,000us-gaap_RealEstateInvestments
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
8,203,287us-gaap_RealEstateInvestments
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Cash and cash equivalents 37,329us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
41,321us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Accounts and other receivables, net of allowance for doubtful accounts of $6,439 and $6,302 as of September 30, 2014 and December 31, 2013, respectively 112,995us-gaap_AccountsAndNotesReceivableNet
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
135,931us-gaap_AccountsAndNotesReceivableNet
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Deferred rent 455,834us-gaap_DeferredRentReceivablesNet
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
447,643us-gaap_DeferredRentReceivablesNet
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Acquired above-market leases, net 34,757dlr_FiniteLivedIntangibleAssetOffMarketLeaseFavorableNet
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
38,605dlr_FiniteLivedIntangibleAssetOffMarketLeaseFavorableNet
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Acquired in-place lease value and deferred leasing costs, net 434,917us-gaap_FiniteLivedIntangibleAssetAcquiredInPlaceLeases
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
456,962us-gaap_FiniteLivedIntangibleAssetAcquiredInPlaceLeases
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Deferred financing costs, net 28,243us-gaap_DeferredFinanceCostsNet
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
30,821us-gaap_DeferredFinanceCostsNet
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Restricted cash 11,934us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
11,555us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Assets held for sale 81,667us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperation
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
120,471us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperation
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Other assets 52,750us-gaap_OtherAssets
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
40,188us-gaap_OtherAssets
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Total assets 9,408,426us-gaap_Assets
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
9,526,784us-gaap_Assets
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
LIABILITIES AND EQUITY    
Unsecured senior notes, net of discount 2,672,472us-gaap_UnsecuredDebt
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
2,791,758us-gaap_UnsecuredDebt
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Mortgage loans, net of premiums 376,527us-gaap_SecuredDebt
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
378,818us-gaap_SecuredDebt
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Accounts payable and other accrued liabilities 523,948us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
605,923us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Accrued dividends and distributions 0us-gaap_DividendsPayableCurrentAndNoncurrent
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
115,019us-gaap_DividendsPayableCurrentAndNoncurrent
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Acquired below-market leases, net 97,234us-gaap_OffMarketLeaseUnfavorable
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
104,235us-gaap_OffMarketLeaseUnfavorable
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Security deposits and prepaid rents 108,244us-gaap_SecurityDepositLiability
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
108,478us-gaap_SecurityDepositLiability
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Obligations associated with assets held for sale 3,228us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
5,764us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Total liabilities 5,550,565us-gaap_Liabilities
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
5,612,546us-gaap_Liabilities
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Commitments and contingencies      
Preferred Stock: $0.01 par value per share, 70,000,000 shares authorized:    
135,793,668 and 135,626,255 units issued and outstanding as of March 31, 2015 and December 31, 2014, respectively 2,858,898us-gaap_GeneralPartnersCapitalAccount
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
2,875,181us-gaap_GeneralPartnersCapitalAccount
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Limited partners, 1,425,314 and 1,463,814 common units, 1,120,160 and 1,170,610 profits interest units and 379,237 and 379,237 class C units outstanding as of March 31, 2015 and December 31, 2014, respectively 39,909us-gaap_LimitedPartnersCapitalAccount
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
32,578us-gaap_LimitedPartnersCapitalAccount
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Accumulated other comprehensive (loss) income (95,875)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
(48,433)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Total partners’ capital 3,851,053us-gaap_PartnersCapital
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
3,907,447us-gaap_PartnersCapital
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Noncontrolling Interests:    
Noncontrolling interests in consolidated joint ventures 6,808us-gaap_MinorityInterestInJointVentures
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
6,791us-gaap_MinorityInterestInJointVentures
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Total capital 3,857,861us-gaap_Capital
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
3,914,238us-gaap_Capital
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Total liabilities and equity/capital 9,408,426us-gaap_LiabilitiesAndStockholdersEquity
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
9,526,784us-gaap_LiabilitiesAndStockholdersEquity
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
Series E Preferred Units    
Preferred Stock: $0.01 par value per share, 70,000,000 shares authorized:    
Preferred Stock 277,172us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesEPreferredStockMember
277,172us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesEPreferredStockMember
Series E Preferred Units | Digital Realty Trust, L.P.    
Preferred Stock: $0.01 par value per share, 70,000,000 shares authorized:    
Preferred Stock 277,172us-gaap_PreferredStockValue
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesEPreferredStockMember
277,172us-gaap_PreferredStockValue
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesEPreferredStockMember
Series F Preferred Units    
Preferred Stock: $0.01 par value per share, 70,000,000 shares authorized:    
Preferred Stock 176,191us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesFPreferredStockMember
176,191us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesFPreferredStockMember
Series F Preferred Units | Digital Realty Trust, L.P.    
Preferred Stock: $0.01 par value per share, 70,000,000 shares authorized:    
Preferred Stock 176,191us-gaap_PreferredStockValue
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesFPreferredStockMember
176,191us-gaap_PreferredStockValue
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesFPreferredStockMember
Series G Preferred Units    
Preferred Stock: $0.01 par value per share, 70,000,000 shares authorized:    
Preferred Stock 241,468us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesGPreferredStockMember
241,468us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesGPreferredStockMember
Series G Preferred Units | Digital Realty Trust, L.P.    
Preferred Stock: $0.01 par value per share, 70,000,000 shares authorized:    
Preferred Stock 241,468us-gaap_PreferredStockValue
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesGPreferredStockMember
241,468us-gaap_PreferredStockValue
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesGPreferredStockMember
Series H Preferred Units    
Preferred Stock: $0.01 par value per share, 70,000,000 shares authorized:    
Preferred Stock 353,290us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesHPreferredStockMember
353,290us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesHPreferredStockMember
Series H Preferred Units | Digital Realty Trust, L.P.    
Preferred Stock: $0.01 par value per share, 70,000,000 shares authorized:    
Preferred Stock 353,290us-gaap_PreferredStockValue
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesHPreferredStockMember
353,290us-gaap_PreferredStockValue
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesHPreferredStockMember
Global revolving credit facility    
LIABILITIES AND EQUITY    
Line of credit 826,906us-gaap_LineOfCredit
/ us-gaap_LongtermDebtTypeAxis
= dlr_GlobalRevolvingCreditFacilityMember
525,951us-gaap_LineOfCredit
/ us-gaap_LongtermDebtTypeAxis
= dlr_GlobalRevolvingCreditFacilityMember
Global revolving credit facility | Digital Realty Trust, L.P.    
LIABILITIES AND EQUITY    
Line of credit 826,906us-gaap_LineOfCredit
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
/ us-gaap_LongtermDebtTypeAxis
= dlr_GlobalRevolvingCreditFacilityMember
525,951us-gaap_LineOfCredit
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
/ us-gaap_LongtermDebtTypeAxis
= dlr_GlobalRevolvingCreditFacilityMember
Unsecured term loan    
LIABILITIES AND EQUITY    
Line of credit 942,006us-gaap_LineOfCredit
/ us-gaap_LongtermDebtTypeAxis
= dlr_UnsecuredTermLoanMember
976,600us-gaap_LineOfCredit
/ us-gaap_LongtermDebtTypeAxis
= dlr_UnsecuredTermLoanMember
Unsecured term loan | Digital Realty Trust, L.P.    
LIABILITIES AND EQUITY    
Line of credit $ 942,006us-gaap_LineOfCredit
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
/ us-gaap_LongtermDebtTypeAxis
= dlr_UnsecuredTermLoanMember
$ 976,600us-gaap_LineOfCredit
/ dei_LegalEntityAxis
= dlr_DigitalRealtyTrustLPMember
/ us-gaap_LongtermDebtTypeAxis
= dlr_UnsecuredTermLoanMember