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Condensed Consolidated Income Statements - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Operating Revenues:        
Rental $ 377,109 $ 329,213 $ 748,237 $ 647,017
Tenant reimbursements 88,211 87,572 172,429 173,401
Interconnection and other 48,363 1,463 95,326 2,825
Fee income 1,251 1,549 3,050 3,163
Other 0 498 91 498
Total operating revenues 514,934 420,295 1,019,133 826,904
Operating Expenses:        
Rental property operating and maintenance 159,548 129,539 313,717 254,102
Property taxes 27,449 20,900 54,780 44,163
Insurance 2,241 2,154 4,653 4,309
Change in fair value of contingent consideration 0 352 0 (42,682)
Depreciation and amortization 175,594 131,524 344,610 260,597
General and administrative 34,189 25,613 65,445 46,807
Transactions 3,615 3,166 5,515 3,259
Other 0 (6) (1) (22)
Total operating expenses 402,636 313,242 788,719 570,533
Operating income 112,298 107,053 230,414 256,371
Other Income (Expenses):        
Equity in earnings of unconsolidated joint ventures 4,132 3,383 8,210 8,001
Gain on sale of properties 0 76,669 1,097 94,489
Interest and other (expense) income (3,325) (231) (3,949) (2,521)
Interest expense (59,909) (46,114) (117,170) (91,580)
Tax expense (2,252) (2,615) (4,361) (4,290)
Loss from early extinguishment of debt 0 (148) (964) (148)
Net income 50,944 137,997 113,277 260,322
Net income attributable to noncontrolling interests (569) (2,486) (1,353) (4,628)
Net income attributable to Digital Realty Trust, Inc./Digital Realty Trust, L.P. 50,375 135,511 111,924 255,694
Preferred stock/unit dividends/distributions (22,424) (18,456) (44,848) (36,911)
Net income available to common stock/unitholders $ 27,951 $ 117,055 $ 67,076 $ 218,783
Net income per share/unit available to common stockholders/unitholders:        
Basic ($ per share/unit) $ 0.19 $ 0.86 $ 0.46 $ 1.61
Diluted ($ per share/unit) $ 0.19 $ 0.86 $ 0.46 $ 1.61
Weighted average common shares/units outstanding:        
Weighted average shares/units outstanding-basic (shares) 146,824,268 135,810,060 146,694,916 135,757,584
Weighted average shares/units outstanding-diluted (shares) 147,808,268 136,499,004 147,416,934 136,260,995
Digital Realty Trust, L.P.        
Operating Revenues:        
Rental $ 377,109 $ 329,213 $ 748,237 $ 647,017
Tenant reimbursements 88,211 87,572 172,429 173,401
Interconnection and other 48,363 1,463 95,326 2,825
Fee income 1,251 1,549 3,050 3,163
Other 0 498 91 498
Total operating revenues 514,934 420,295 1,019,133 826,904
Operating Expenses:        
Rental property operating and maintenance 159,548 129,539 313,717 254,102
Property taxes 27,449 20,900 54,780 44,163
Insurance 2,241 2,154 4,653 4,309
Change in fair value of contingent consideration 0 352 0 (42,682)
Depreciation and amortization 175,594 131,524 344,610 260,597
General and administrative 34,189 25,613 65,445 46,807
Transactions 3,615 3,166 5,515 3,259
Other 0 (6) (1) (22)
Total operating expenses 402,636 313,242 788,719 570,533
Operating income 112,298 107,053 230,414 256,371
Other Income (Expenses):        
Equity in earnings of unconsolidated joint ventures 4,132 3,383 8,210 8,001
Gain on sale of properties 0 76,669 1,097 94,489
Interest and other (expense) income (3,325) (231) (3,949) (2,521)
Interest expense (59,909) (46,114) (117,170) (91,580)
Tax expense (2,252) (2,615) (4,361) (4,290)
Loss from early extinguishment of debt 0 (148) (964) (148)
Net income 50,944 137,997 113,277 260,322
Net income attributable to noncontrolling interests (112) (109) (233) (225)
Net income attributable to Digital Realty Trust, Inc./Digital Realty Trust, L.P. 50,832 137,888 113,044 260,097
Preferred stock/unit dividends/distributions (22,424) (18,456) (44,848) (36,911)
Net income available to common stock/unitholders $ 28,408 $ 119,432 $ 68,196 $ 223,186
Net income per share/unit available to common stockholders/unitholders:        
Basic ($ per share/unit) $ 0.19 $ 0.86 $ 0.46 $ 1.61
Diluted ($ per share/unit) $ 0.19 $ 0.86 $ 0.46 $ 1.61
Weighted average common shares/units outstanding:        
Weighted average shares/units outstanding-basic (shares) 149,226,714 138,567,526 149,137,258 138,487,704
Weighted average shares/units outstanding-diluted (shares) 150,210,714 139,256,470 149,859,276 138,991,115