Capital and Accumulated Other Comprehensive Income (Loss) (Tables)

12 Months Ended

Dec. 31, 2015

We have declared and paid the following dividends on our common and preferred stock for the years ended December 31, 2015, 2014 and 2013 (in thousands):



Date dividend declared	Dividend payable date	Series D Preferred Stock			Series E Preferred Stock		Series F Preferred Stock		Series G Preferred Stock			Series H Preferred Stock			Series I Preferred Stock			Common Stock
February 12, 2013	March 29, 2013	$	—	⁽¹⁾	$	5,031	$	3,023	$	—		$	—		$	—		$	100,165	⁽²⁾
May 1, 2013	June 28, 2013	—			5,031		3,023		3,345		⁽³⁾	—			—			100,169		⁽²⁾
July 23, 2013	September 30, 2013	—			5,031		3,023		3,672			—			—			100,180		⁽²⁾
October 23, 2013	December 31, 2013 for Preferred Stock; January 15, 2014 for Common Stock	—			5,031		3,023		3,672			—			—			100,187		⁽²⁾
		$	—		$	20,124	$	12,092	$	10,689		$	—		$	—		$	400,701
February 11, 2014	March 31, 2014	$	—		$	5,031	$	3,023	$	3,672		$	—		$	—		$	106,743	⁽⁴⁾
April 29, 2014	June 30, 2014	—			5,031		3,023		3,672			7,104		⁽⁵⁾	—			112,357		⁽⁴⁾
July 21, 2014	September 30, 2014	—			5,031		3,023		3,672			6,730			—			112,465		⁽⁴⁾
November 4, 2014	December 31, 2014 for Preferred Stock; January 15, 2015 for Common Stock	—			5,031		3,023		3,672			6,730			—			112,538		⁽⁴⁾
		$	—		$	20,124	$	12,092	$	14,688		$	20,564		$	—		$	444,103
February 25, 2015	March 31, 2015	$	—		$	5,031	$	3,023	$	3,672		$	6,730		$	—		$	115,419	⁽⁶⁾
May 12, 2015	June 30, 2015	—			5,031		3,023		3,672			6,730			—			115,458		⁽⁶⁾
August 11, 2015	September 30, 2015	—			5,031		3,023		3,672			6,730			—			115,454		⁽⁶⁾
November 12, 2015	December 31, 2015 for Preferred Stock; January 15, 2016 for Common Stock	—			5,031		3,023		3,672			6,730			5,600		⁽⁷⁾	124,417		⁽⁶⁾
		$	—		$	20,124	$	12,092	$	14,688		$	26,920		$	5,600		$	470,748

Annual rate of dividend per share		$	1.37500		$	1.75000	$	1.65625	$	1.46875		$	1.84375		$	1.58800


(1)	Effective February 26, 2013, Digital Realty Trust, Inc. converted all outstanding shares of its series D preferred stock into shares of its common stock in accordance with the terms of the series D preferred stock. Each share of series D preferred stock was converted into 0.6360 share of common stock of Digital Realty Trust, Inc.


(2)	$3.120 annual rate of dividend per share.


(3)	Represents a pro rata dividend from and including the original issue date to and including June 30, 2013.


(4)	$3.320 annual rate of dividend per share.


(5)	Represents a pro rata dividend from and including the original issue date to and including June 30, 2014.


(6)	$3.400 annual rate of dividend per share.


(7)	Represents a pro rata dividend from and including the original issue date to and including December 31, 2015.

Schedule of Accumulated Other Comprehensive Income (Loss)

The accumulated balances for each item within other comprehensive income (loss), net are as follows (in thousands):



	Foreign currency translation adjustments			Cash flow hedge adjustments			Accumulated other comprehensive income (loss), net
Balance as of December 31, 2013	$	11,745		$	(1,054	)	$	10,691
Net current period change	(51,312		)	(7,775		)	(59,087		)
Reclassification to interest expense from interest rate swaps	—			3,350			3,350
Balance as of December 31, 2014	$	(39,567	)	$	(5,479	)	$	(45,046	)
Net current period change	(50,775		)	(3,338		)	(54,113		)
Reclassification to interest expense from interest rate swaps	—			2,569			2,569
Balance as of December 31, 2015	$	(90,342	)	$	(6,248	)	$	(96,590	)

Digital Realty Trust, L.P.

Class of Stock [Line Items]

Schedule of Dividends/Distributions

All distributions on our units are at the discretion of Digital Realty Trust, Inc.’s board of directors. We have declared and paid the following distributions on our common and preferred units for the years ended December 31, 2015, 2014 and 2013 (in thousands):



Date distribution declared	Distribution payable date	Series D Preferred Units			Series E Preferred Units		Series F Preferred Units		Series G Preferred Units			Series H Preferred Units			Series I Preferred Units			Common Units
February 12, 2013	March 29, 2013	$	—	⁽¹⁾	$	5,031	$	3,023	$	—		$	—		$	—		$	102,506	⁽²⁾
May 1, 2013	June 28, 2013	—			5,031		3,023		3,345		⁽³⁾	—			—			102,507		⁽²⁾
July 23, 2013	September 30, 2013	—			5,031		3,023		3,672			—			—			102,506		⁽²⁾
October 23, 2013	December 31, 2013 for Preferred Units; January 15, 2014 for Common Units	—			5,031		3,023		3,672			—			—			102,509		⁽²⁾
		$	—		$	20,124	$	12,092	$	10,689		$	—		$	—		$	410,028
February 11, 2014	March 31, 2014	$	—		$	5,031	$	3,023	$	3,672		$	—		$	—		$	109,378	⁽⁴⁾
April 29, 2014	June 30, 2014	—			5,031		3,023		3,672			7,104		⁽⁵⁾	—			115,008		⁽⁴⁾
July 21, 2014	September 30, 2014	—			5,031		3,023		3,672			6,730			—			115,012		⁽⁴⁾
November 4, 2014	December 31, 2014 for Preferred Units; January 15, 2015 for Common Units	—			5,031		3,023		3,672			6,730			—			115,016		⁽⁴⁾
		$	—		$	20,124	$	12,092	$	14,688		$	20,564		$	—		$	454,414
February 25, 2015	March 31, 2015	$	—		$	5,031	$	3,023	$	3,672		$	6,730		$	—		$	117,896	⁽⁶⁾
May 12, 2015	June 30, 2015	—			5,031		3,023		3,672			6,730			—			117,938		⁽⁶⁾
August 11, 2015	September 30, 2015	—			5,031		3,023		3,672			6,730			—			117,962		⁽⁶⁾
November 12, 2015	December 31, 2015 for Preferred Units; January 15, 2016 for Common Units	—			5,031		3,023		3,672			6,730			5,600		⁽⁷⁾	126,827		⁽⁶⁾
		$	—		$	20,124	$	12,092	$	14,688		$	26,920		$	5,600		$	480,623

Annual rate of distribution per unit		$1.375			$1.750		$1.656		$1.469			$1.844			$1.588


(1)	Effective February 26, 2013, in connection with the conversion of the series D preferred stock by Digital Realty Trust, Inc., all of the outstanding series D preferred units were converted into common units in accordance with the terms of the series D preferred units. Each series D preferred unit was converted into 0.6360 common unit of the Operating Partnership.


(2)	$3.120 annual rate of distribution per unit.


(3)	Represents a pro rata distribution from and including the original issue date to and including June 30, 2013.


(4)	$3.320 annual rate of distribution per unit.


(5)	Represents a pro rata distribution from and including the original issue date to and including June 30, 2014.


(6)	$3.400 annual rate of distribution per unit.


(7)	Represents a pro rata distribution from and including the original issue date to and including December 31, 2015.

Schedule of Accumulated Other Comprehensive Income (Loss)

The accumulated balances for each item within other comprehensive income (loss) are as follows (in thousands):



	Foreign currency translation adjustments			Cash flow hedge adjustments			Accumulated other comprehensive income (loss)
Balance as of December 31, 2013	$	10,235		$	(1,778	)	$	8,457
Net current period change	(52,373		)	(7,936		)	(60,309		)
Reclassification to interest expense from interest rate swaps	—			3,419			3,419
Balance as of December 31, 2014	$	(42,138	)	$	(6,295	)	$	(48,433	)
Net current period change	(51,745		)	(3,407		)	(55,152		)
Reclassification to interest expense from interest rate swaps	—			2,621			2,621
Balance as of December 31, 2015	$	(93,883	)	$	(7,081	)	$	(100,964	)