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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net income $ 301,591 $ 203,415 $ 320,449
Adjustments to reconcile net income to net cash provided by operating activities:      
Gain on sale of property (94,604) (15,945) 0
Gain on insurance settlement 0 0 (5,597)
Gain on contribution of investment properties to unconsolidated joint venture 0 (95,404) (115,609)
Gain on sale of investment 0 (14,551) 0
Impairment of investments in real estate 0 126,470 0
Equity in earnings of unconsolidated joint ventures (15,491) (13,289) (9,796)
Change in fair value of contingent consideration (44,276) (8,093) (1,762)
Distributions from unconsolidated joint ventures 14,947 9,684 30,358
Write-off of net assets due to early lease terminations 75,263 2,692 60
Gain (Loss) on Contract Termination (14,355) 0 0
Depreciation and amortization of buildings and improvements, tenant improvements and acquired ground leases 464,694 456,204 397,592
Amortization of share-based unearned compensation 6,360 18,019 11,527
Allowance for (recovery of) doubtful accounts (458) 726 1,967
Amortization of deferred financing costs 8,481 8,969 10,658
Write-off of deferred financing costs, included in loss on early extinguishment of debt 148 780 1,813
Amortization of debt discount/premium 2,032 1,837 875
Amortization of acquired in place lease value and deferred leasing costs 105,833 82,310 77,872
Amortization of acquired above market leases and acquired below market leases (9,336) (9,983) (11,719)
Changes in assets and liabilities, net of impact of acquisition of Telx Holdings, Inc.      
Restricted cash 2,392 13,523 4,850
Accounts and other receivables (10,127) (11,426) (527)
Deferred rent (48,404) (77,483) (83,541)
Deferred leasing costs (11,688) (32,068) (16,409)
Other assets (2,928) (11,675) (3,530)
Accounts payable and other accrued liabilities 36,113 24,775 34,127
Security deposits and prepaid rents 33,045 (3,599) 12,732
Net cash provided by operating activities 799,232 655,888 656,390
Cash flows from investing activities:      
Telx Acquisition, net of cash acquired (1,850,061) 0 0
Acquisitions of real estate (99,247) (24,305) (170,322)
Proceeds from sale of assets, net of sales costs 185,565 37,945 11,015
Proceeds from contribution of investment properties to unconsolidated joint venture 0 178,933 328,569
Proceeds from sale of investment 0 31,635 0
Investment in unconsolidated joint ventures (10,797) (20,627) (24,452)
Investment in equity securities 0 0 (17,100)
Deposits paid for acquisitions of real estate 0 0 0
Receipt of value added tax refund 17,570 18,992 11,277
Refundable value added tax paid (30,322) (29,585) (15,785)
Change in restricted cash 1,479 14,899 (1,507)
Improvements to and advances for investments in real estate (737,180) (852,386) (1,189,510)
Improvement advances to tenants (40,553) (20,059) (7,270)
Collection of advances from tenants for improvements 37,524 20,378 5,851
Proceeds from insurance settlement 0 0 8,625
Net cash used in investing activities (2,526,022) (644,180) (1,060,609)
Cash flows from financing activities:      
Borrowings on revolving credit facility 2,436,032 1,124,608 1,806,832
Repayments on revolving credit facility (1,958,025) (1,297,785) (1,781,435)
Borrowings on unsecured term loan 0 0 264,690
Principal payments on unsecured notes (374,927) 0 (33,000)
Borrowings on unsecured senior notes 1,445,127 495,872 630,026
Repayments on other secured loans (67,000) 0 0
Principal payments on mortgage loans (75,492) (177,882) (236,619)
Earnout payments related to acquisitions (12,985) (11,011) (25,783)
Change in restricted cash (1,502) 510 (2,274)
Payment of loan fees and costs (13,488) (4,860) (18,371)
Capital (distributions to) contributions received from noncontrolling interests in consolidated joint ventures (493) (643) 430
Gross proceeds from the issuance of common stock 675,577 0 0
Gross proceeds from the issuance of preferred stock 250,000 365,000 250,000
Common stock offering costs paid 799 (625) (504)
Preferred stock offering costs paid (7,432) (11,710) (8,532)
Proceeds from exercise of stock options 896 711 230
Payment of distributions to preferred unitholders (79,423) (67,465) (42,905)
Payment of distributions to common unitholders (468,635) (441,694) (400,953)
Net cash provided by (used in) financing activities 1,749,029 (26,974) 401,832
Net increase (decrease) in cash and cash equivalents 22,239 (15,266) (2,387)
Cash and cash equivalents at beginning of period 34,814 50,080 52,467
Cash and cash equivalents at end of period 57,053 34,814 50,080
Supplemental disclosure of cash flow information:      
Cash paid for interest, including amounts capitalized 192,992 200,829 192,754
Cash paid for income taxes 3,122 3,099 2,461
Supplementary disclosure of noncash investing and financing activities:      
Change in net assets related to foreign currency translation adjustments (51,745) (52,373) 14,636
Accrual of dividends and distributions 126,925 115,019 102,509
(Decrease) increase in accounts payable and other accrued liabilities related to change in fair value of interest rate swaps (3,407) (7,936) 2,473
Acquisition measurement period adjustment included in accounts payable and other accrued liabilities 0 0 22,393
Noncontrolling interests in operating partnership redeemed for or converted to shares of common stock 1,843 1,655 631
Preferred stock/units converted to shares of common stock/units 0 0 119,348
Accrual for additions to investments in real estate and tenant improvement advances included in accounts payable and accrued expenses 109,394 153,080 216,520
Additional accrual of contingent purchase price for investments in real estate 0 0 6,356
Accrual for potential earnout contingency 19,364 12,338 0
Issuance of common units associated with exchange of exchangeable senior debentures 0 261,166 0
Capital Lease Obligations Incurred 63,962 0 0
Allocation of purchase price of real estate/investment in partnership to:      
Investments in real estate 99,247 24,305 183,119
Acquired above market leases 0 0 203
Acquired below market leases 0 0 (5,781)
Acquired in place lease value and deferred leasing costs 0 0 20,811
Mortgage loan assumed, net of premium 0 0 (28,030)
Cash paid for acquisition of real estate 99,247 24,305 170,322
Digital Realty Trust, L.P.      
Cash flows from operating activities:      
Net income 300,226 203,415 320,449
Adjustments to reconcile net income to net cash provided by operating activities:      
Gain on sale of property (94,604) (15,945) 0
Gain on insurance settlement 0 0 (5,597)
Gain on contribution of investment properties to unconsolidated joint venture 0 (95,404) (115,609)
Gain on sale of investment 0 (14,551) 0
Impairment of investments in real estate 0 126,470 0
Equity in earnings of unconsolidated joint ventures (15,491) (13,289) (9,796)
Change in fair value of contingent consideration (44,276) (8,093) (1,762)
Distributions from unconsolidated joint ventures 14,947 9,684 30,358
Write-off of net assets due to early lease terminations 75,263 2,692 60
Gain (Loss) on Contract Termination (14,355) 0 0
Depreciation and amortization of buildings and improvements, tenant improvements and acquired ground leases 464,694 456,204 397,592
Amortization of share-based unearned compensation 6,360 18,019 11,527
Allowance for (recovery of) doubtful accounts (458) 726 1,967
Amortization of deferred financing costs 8,481 8,969 10,658
Write-off of deferred financing costs, included in loss on early extinguishment of debt 148 780 1,813
Amortization of debt discount/premium 2,032 1,837 875
Amortization of acquired in place lease value and deferred leasing costs 105,833 82,310 77,872
Amortization of acquired above market leases and acquired below market leases (9,336) (9,983) (11,719)
Changes in assets and liabilities, net of impact of acquisition of Telx Holdings, Inc.      
Restricted cash 2,392 13,523 4,850
Accounts and other receivables (10,127) (11,426) (527)
Deferred rent (48,404) (77,483) (83,541)
Deferred leasing costs (11,688) (32,068) (16,409)
Other assets (2,928) (11,675) (3,530)
Accounts payable and other accrued liabilities 37,478 24,775 34,127
Security deposits and prepaid rents 33,045 (3,599) 12,732
Net cash provided by operating activities 799,232 655,888 656,390
Cash flows from investing activities:      
Telx Acquisition, net of cash acquired (1,850,061) 0 0
Acquisitions of real estate (99,247) (24,305) (170,322)
Proceeds from sale of assets, net of sales costs 185,565 37,945 11,015
Proceeds from contribution of investment properties to unconsolidated joint venture 0 178,933 328,569
Proceeds from sale of investment 0 31,635 0
Investment in unconsolidated joint ventures (10,797) (20,627) (24,452)
Investment in equity securities 0 0 (17,100)
Receipt of value added tax refund 17,570 18,992 11,277
Refundable value added tax paid (30,322) (29,585) (15,785)
Change in restricted cash 1,479 14,899 (1,507)
Improvements to and advances for investments in real estate (737,180) (852,386) (1,189,510)
Improvement advances to tenants (40,553) (20,059) (7,270)
Collection of advances from tenants for improvements 37,524 20,378 5,851
Proceeds from insurance settlement 0 0 8,625
Net cash used in investing activities (2,526,022) (644,180) (1,060,609)
Cash flows from financing activities:      
Borrowings on revolving credit facility 2,436,032 1,124,608 1,806,832
Repayments on revolving credit facility (1,958,025) (1,297,785) (1,781,435)
Borrowings on unsecured term loan 0 0 264,690
Principal payments on unsecured notes (374,927) 0 (33,000)
Borrowings on unsecured senior notes 1,445,127 495,872 630,026
Repayments on other secured loans (67,000) 0 0
Principal payments on mortgage loans (75,492) (177,882) (236,619)
Earnout payments related to acquisitions (12,985) (11,011) (25,783)
Change in restricted cash (1,502) 510 (2,274)
Payment of loan fees and costs (13,488) (4,860) (18,371)
Capital (distributions to) contributions received from noncontrolling interests in consolidated joint ventures (493) (643) 430
General partner contributions 919,840 353,376 241,194
Payment of distributions to preferred unitholders (79,423) (67,465) (42,905)
Payment of distributions to common unitholders (468,635) (441,694) (400,953)
Net cash provided by (used in) financing activities 1,749,029 (26,974) 401,832
Net increase (decrease) in cash and cash equivalents 22,239 (15,266) (2,387)
Cash and cash equivalents at beginning of period 34,814 50,080 52,467
Cash and cash equivalents at end of period 57,053 34,814 50,080
Supplemental disclosure of cash flow information:      
Cash paid for interest, including amounts capitalized 192,992 200,829 192,754
Cash paid for income taxes 3,122 3,099 2,461
Supplementary disclosure of noncash investing and financing activities:      
Change in net assets related to foreign currency translation adjustments (51,745) (52,373) 14,636
Accrual of dividends and distributions 126,925 115,019 102,509
(Decrease) increase in accounts payable and other accrued liabilities related to change in fair value of interest rate swaps (3,407) (7,936) 2,473
Acquisition measurement period adjustment included in accounts payable and other accrued liabilities 0 0 22,393
Preferred stock/units converted to shares of common stock/units 0 0 119,348
Accrual for additions to investments in real estate and tenant improvement advances included in accounts payable and accrued expenses 109,394 153,080 216,520
Additional accrual of contingent purchase price for investments in real estate 0 0 6,356
Accrual for potential earnout contingency 19,364 12,338 0
Issuance of common units associated with exchange of exchangeable senior debentures 0 261,166 0
Allocation of purchase price of real estate/investment in partnership to:      
Investments in real estate 99,247 24,305 183,119
Acquired above market leases 0 0 203
Acquired below market leases 0 0 (5,781)
Acquired in place lease value and deferred leasing costs 0 0 20,811
Mortgage loan assumed, net of premium 0 0 (28,030)
Cash paid for acquisition of real estate $ 99,247 $ 24,305 $ 170,322