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

12 Months Ended

Dec. 31, 2016

We have declared and paid the following dividends on our common and preferred stock for the years ended December 31, 2016, 2015 and 2014 (in thousands):



Date dividend declared	Dividend payable date	Series E Preferred Stock			Series F Preferred Stock		Series G Preferred Stock		Series H Preferred Stock			Series I Preferred Stock			Common Stock
February 11, 2014	March 31, 2014	$	5,031		$	3,023	$	3,672	$	—		$	—		$	106,743	⁽¹⁾
April 29, 2014	June 30, 2014	5,031			3,023		3,672		7,104		⁽²⁾	—			112,357		⁽¹⁾
July 21, 2014	September 30, 2014	5,031			3,023		3,672		6,730			—			112,465		⁽¹⁾
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		⁽¹⁾
		$	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	⁽³⁾
May 12, 2015	June 30, 2015	5,031			3,023		3,672		6,730			—			115,458		⁽³⁾
August 11, 2015	September 30, 2015	5,031			3,023		3,672		6,730			—			115,454		⁽³⁾
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		⁽⁴⁾	124,417		⁽³⁾
		$	20,124		$	12,092	$	14,688	$	26,920		$	5,600		$	470,748
February 17, 2016	March 31, 2016	$	5,031		$	3,023	$	3,672	$	6,730		$	3,969		$	131,587	⁽⁵⁾
May 11, 2016	June 30, 2016	5,031			3,023		3,672		6,730			3,969			131,607		⁽⁵⁾
August 10, 2016	September 30, 2016	—		⁽⁶⁾	3,023		3,672		6,730			3,969			131,657		⁽⁵⁾
November 9, 2016	December 30, 2016 for Preferred Stock; January 13, 2017 for Common Stock	—			3,023		3,672		6,730			3,969			141,882		⁽⁵⁾
		$	10,062		$	12,092	$	14,688	$	26,920		$	15,876		$	536,733

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


(1)	$3.320 annual rate of dividend per share.


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


(3)	$3.400 annual rate of dividend per share.


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


(5)	$3.520 annual rate of dividend per share.

(6)

Redeemed on September 15, 2016 for $25.35972 per share, or a redemption price of $25.00 per share, plus accrued and unpaid dividends up to but not including the redemption date of approximately $4.1 million in the aggregate. In connection with the redemption, the previously incurred offering costs of approximately $10.3 million were deducted in the computation of net income available to common stockholders.

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, 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	)
Net current period change	(85,300		)	41,395			(43,905		)
Reclassification to interest expense from interest rate swaps	—			4,890			4,890
Balance as of December 31, 2016	$	(175,642	)	$	40,037		$	(135,605	)

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, 2016, 2015 and 2014 (in thousands):



Date distribution declared	Distribution payable date	Series E Preferred Units			Series F Preferred Units		Series G Preferred Units		Series H Preferred Units			Series I Preferred Units			Common Units
February 11, 2014	March 31, 2014	$	5,031		$	3,023	$	3,672	$	—		$	—		$	109,378	⁽¹⁾
April 29, 2014	June 30, 2014	5,031			3,023		3,672		7,104		⁽²⁾	—			115,008		⁽¹⁾
July 21, 2014	September 30, 2014	5,031			3,023		3,672		6,730			—			115,012		⁽¹⁾
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		⁽¹⁾
		$	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	⁽³⁾
May 12, 2015	June 30, 2015	5,031			3,023		3,672		6,730			—			117,938		⁽³⁾
August 11, 2015	September 30, 2015	5,031			3,023		3,672		6,730			—			117,962		⁽³⁾
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		⁽⁴⁾	126,827		⁽³⁾
		$	20,124		$	12,092	$	14,688	$	26,920		$	5,600		$	480,623
February 17, 2016	March 31, 2016	$	5,031		$	3,023	$	3,672	$	6,730		$	3,969		$	131,587	⁽⁵⁾
May 11, 2016	June 30, 2016	5,031			3,023		3,672		6,730			3,969			131,607		⁽⁵⁾
August 10, 2016	September 30, 2016	—		⁽⁶⁾	3,023		3,672		6,730			3,969			131,657		⁽⁵⁾
November 9, 2016	December 31, 2016 for Preferred Units; January 13, 2017 for Common Units	—			3,023		3,672		6,730			3,969			144,193		⁽⁵⁾
		$	10,062		$	12,092	$	14,688	$	26,920		$	15,876		$	539,044

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


(1)	$3.320 annual rate of distribution per unit.


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


(3)	$3.400 annual rate of distribution per unit.


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


(5)	$3.520 annual rate of distribution per unit.

(6)

Redeemed on September 15, 2016 for $25.35972 per unit, or a redemption price of $25.00 per unit, plus accrued and unpaid distributions up to but not including the redemption date of approximately $4.1 million in the aggregate. In connection with the redemption, the previously incurred offering costs of approximately $10.3 million were deducted in the computation of net income available to common unitholders.

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, 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	)
Net current period change	(86,621		)	41,998			(44,623		)
Reclassification to interest expense from interest rate swaps	—			4,968			4,968
Balance as of December 31, 2016	$	(180,504	)	$	39,885		$	(140,619	)