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Income per Share (Tables)
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Earnings Per Share
The following is a summary of basic and diluted income per share (in thousands, except share and per share amounts):
 
 
Three Months Ended June 30,

Six Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
Net income available to common stockholders
$
27,951


$
117,055


$
67,076

 
$
218,783

Weighted average shares outstanding—basic
146,824,268


135,810,060


146,694,916


135,757,584

Potentially dilutive common shares:
 
 
 
 
 
 
 
Stock options
11,588


30,601


10,887


31,402

Unvested incentive units
77,946


68,371


70,664


55,742

Forward equity offering
347,277

 

 

 

Market performance-based awards
547,189


589,972


640,467


416,267

Weighted average shares outstanding—diluted
147,808,268


136,499,004


147,416,934


136,260,995

Income per share:
 
 
 
 
 
 
 
Basic
$
0.19


$
0.86


$
0.46


$
1.61

Diluted
$
0.19


$
0.86


$
0.46


$
1.61

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
We have excluded the following potentially dilutive securities in the calculations above as they would be antidilutive or not dilutive:
 
 
Three Months Ended June 30,

Six Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
Weighted average of Operating Partnership common units not owned by Digital Realty Trust, Inc.
2,402,446


2,757,466


2,442,342


2,730,120

Potentially dilutive Series E Cumulative Redeemable Preferred Stock
2,807,321

 
4,360,736

 
3,076,204

 
4,376,813

Potentially dilutive Series F Cumulative Redeemable Preferred Stock
1,780,397

 
2,765,569

 
1,950,922

 
2,775,765

Potentially dilutive Series G Cumulative Redeemable Preferred Stock
2,434,401

 
3,781,463

 
2,667,567

 
3,795,404

Potentially dilutive Series H Cumulative Redeemable Preferred Stock
3,567,361

 
5,541,340

 
3,909,041

 
5,561,769

Potentially dilutive Series I Cumulative Redeemable Preferred Stock
2,437,250

 

 
2,670,688

 

Shares subject to forward equity offering

 

 
14,375,000

 


15,429,176


19,206,574


31,091,764


19,239,871