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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net income $ 335,712 $ 318,164
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on sale of properties (170,097) (94,282)
Equity in earnings of unconsolidated joint ventures (12,362) (12,170)
Change in fair value of accrued contingent consideration 0 (44,276)
Distributions from unconsolidated joint ventures 12,578 10,786
Write-off of net assets due to early lease terminations (23) (8)
Depreciation and amortization of buildings and improvements, tenant improvements and acquired ground leases 387,492 346,459
Amortization of share-based compensation 13,459 5,717
Allowance for doubtful accounts 4,208 739
Amortization of deferred financing costs 7,453 6,360
Loss on early extinguishment of debt 982 148
Amortization of debt discount/premium 1,947 1,472
Amortization of acquired in-place lease value and deferred leasing costs 135,252 51,112
Amortization of acquired above-market leases and acquired below-market leases, net (6,303) (6,856)
Changes in assets and liabilities:    
Restricted cash 4,398 2,878
Accounts and other receivables (46,497) (1,382)
Deferred rent (20,347) (41,447)
Deferred leasing costs (3,905) (2,611)
Other assets (146,763) (14,869)
Accounts payable and other accrued liabilities 127,139 13,213
Security deposits and prepaid rents 7,128 60
Net cash provided by operating activities 631,451 539,207
Cash flows from investing activities:    
Acquisitions of real estate (873,285) (48,424)
Proceeds from sale of properties, net 359,319 185,565
Investment in unconsolidated joint ventures 0 (7,547)
Receipt of value added tax refund 7,807 2,934
Refundable value added tax paid (36,328) (24,142)
Change in restricted cash 2,028 1,520
Improvements to investments in real estate (549,364) (535,141)
Improvement advances to tenants (7,937) (26,977)
Collection of advances from tenants for improvements 25,369 26,971
Net cash used in investing activities (1,072,391) (425,241)
Cash flows from financing activities:    
Borrowings on revolving credit facility 2,355,166 1,430,671
Repayments on revolving credit facility (3,161,016) (1,240,340)
Borrowings on unsecured term loan 766,201 0
Repayments on unsecured term loan (170,736) 0
Borrowings on unsecured senior notes 675,591 496,190
Principal payments on unsecured senior notes 0 (374,927)
Repayments on unsecured notes (25,000) (67,000)
Principal payments on mortgage loans (191,302) (73,724)
Earnout payments related to acquisition (23,842) (12,985)
Change in restricted cash (99) 1,137
Payment of loan fees and costs (19,274) (5,116)
Capital distributions paid to noncontrolling interests in consolidated joint ventures, net (375) (372)
Gross proceeds from the issuance of common stock 1,089,154 0
Gross proceeds from the issuance of preferred stock 0 250,000
Common and preferred stock offering costs paid, net (3,063) (5,934)
Redemption of series E preferred stock (287,500) 0
Proceeds from equity plans 4,729 798
Payment of dividends/distributions to preferred stockholders/unitholders (66,378) (55,367)
Payment of dividends/distributions to common unit/stockholders and distributions to noncontrolling interests in operating partnership (521,620) (468,813)
Net cash provided by (used in) financing activities 420,636 (125,782)
Net decrease in cash and cash equivalents (20,304) (11,816)
Effect of exchange rate changes on cash (304) 0
Cash and cash equivalents at beginning of period 57,053 34,814
Cash and cash equivalents at end of period 36,445 22,998
Supplemental disclosure of cash flow information:    
Cash paid for interest 172,463 146,105
Cash paid for income taxes 3,646 2,979
Supplementary disclosure of noncash investing and financing activities:    
Change in net assets related to foreign currency translation adjustments (37,388) (41,480)
Decrease in accounts payable and other accrued liabilities related to change in fair value of interest rate swaps (2,113) (4,374)
Noncontrolling interests in operating partnership redeemed for or converted to shares of common stock 4,049 1,364
Accrual for additions to investments in real estate and tenant improvement advances included in accounts payable and accrued expenses 125,104 115,632
Accrual for potential earnout contingency 0 18,900
Note receivable related to sale of property 0 9,000
Allocation of purchase price of real estate/investment in partnership to:    
Investments in real estate 874,220 48,424
Acquired below-market leases 935 0
Cash paid for acquisition of real estate 873,285 48,424
Digital Realty Trust, L.P.    
Cash flows from operating activities:    
Net income 335,712 317,011
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on sale of properties (170,097) (94,282)
Equity in earnings of unconsolidated joint ventures (12,362) (12,170)
Change in fair value of accrued contingent consideration 0 (44,276)
Distributions from unconsolidated joint ventures 12,578 10,786
Write-off of net assets due to early lease terminations (23) (8)
Depreciation and amortization of buildings and improvements, tenant improvements and acquired ground leases 387,492 346,459
Amortization of share-based compensation 13,459 5,717
Allowance for doubtful accounts 4,208 739
Amortization of deferred financing costs 7,453 6,360
Loss on early extinguishment of debt 982 148
Amortization of debt discount/premium 1,947 1,472
Amortization of acquired in-place lease value and deferred leasing costs 135,252 51,112
Amortization of acquired above-market leases and acquired below-market leases, net (6,303) (6,856)
Changes in assets and liabilities:    
Restricted cash 4,398 2,878
Accounts and other receivables (46,497) (1,382)
Deferred rent (20,347) (41,447)
Deferred leasing costs (3,905) (2,611)
Other assets (146,763) (14,869)
Accounts payable and other accrued liabilities 127,139 14,366
Security deposits and prepaid rents 7,128 60
Net cash provided by operating activities 631,451 539,207
Cash flows from investing activities:    
Acquisitions of real estate (873,285) (48,424)
Proceeds from sale of properties, net 359,319 185,565
Investment in unconsolidated joint ventures 0 (7,547)
Receipt of value added tax refund 7,807 2,934
Refundable value added tax paid (36,328) (24,142)
Change in restricted cash 2,028 1,520
Improvements to investments in real estate (549,364) (535,141)
Improvement advances to tenants (7,937) (26,977)
Collection of advances from tenants for improvements 25,369 26,971
Net cash used in investing activities (1,072,391) (425,241)
Cash flows from financing activities:    
Borrowings on revolving credit facility 2,355,166 1,430,671
Repayments on revolving credit facility (3,161,016) (1,240,340)
Borrowings on unsecured term loan 766,201 0
Repayments on unsecured term loan (170,736) 0
Borrowings on unsecured senior notes 675,591 496,190
Principal payments on unsecured senior notes 0 (374,927)
Repayments on unsecured notes (25,000) (67,000)
Principal payments on mortgage loans (191,302) (73,724)
Earnout payments related to acquisition (23,842) (12,985)
Change in restricted cash (99) 1,137
Payment of loan fees and costs (19,274) (5,116)
Capital distributions paid to noncontrolling interests in consolidated joint ventures, net (375) (372)
General partner contributions, net 803,320 2,175
Due to Parent 0 242,689
Payment of dividends/distributions to preferred stockholders/unitholders (66,378) (55,367)
Payment of dividends/distributions to common unit/stockholders and distributions to noncontrolling interests in operating partnership (521,620) (468,813)
Net cash provided by (used in) financing activities 420,636 (125,782)
Net decrease in cash and cash equivalents (20,304) (11,816)
Effect of exchange rate changes on cash (304) 0
Cash and cash equivalents at beginning of period 57,053 34,814
Cash and cash equivalents at end of period 36,445 22,998
Supplemental disclosure of cash flow information:    
Cash paid for interest 172,463 146,105
Cash paid for income taxes 3,646 2,979
Supplementary disclosure of noncash investing and financing activities:    
Change in net assets related to foreign currency translation adjustments (37,388) (41,480)
Decrease in accounts payable and other accrued liabilities related to change in fair value of interest rate swaps (2,113) (4,374)
Accrual for additions to investments in real estate and tenant improvement advances included in accounts payable and accrued expenses 125,104 115,632
Accrual for potential earnout contingency 0 18,900
Note receivable related to sale of property 0 9,000
Allocation of purchase price of real estate/investment in partnership to:    
Investments in real estate 874,220 48,424
Acquired below-market leases 935 0
Cash paid for acquisition of real estate $ 873,285 $ 48,424