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Income per Share
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Income per Share
Income per Share
The following is a summary of basic and diluted income per share (in thousands, except share and per share amounts):
 
 
Year Ended December 31,
 
2017
 
2016
 
2015
Net income available to common stockholders
$
173,148

 
$
332,088

 
$
217,266

Weighted average shares outstanding—basic
174,059,386

 
149,953,662

 
138,247,606

Potentially dilutive common shares:
 
 
 
 
 
Stock options

 
9,726

 
20,424

Unvested incentive units
141,136

 
71,031

 
95,746

Forward equity offering
124,527

 
3,990

 

Market performance-based awards
570,049

 
641,279

 
501,645

Weighted average shares outstanding—diluted
174,895,098

 
150,679,688

 
138,865,421

Income per share:
 
 
 
 
 
Basic
$
0.99

 
$
2.21

 
$
1.57

Diluted
$
0.99

 
$
2.20

 
$
1.56



We have excluded the following potentially dilutive securities in the calculations above as they would be antidilutive or not dilutive:
 
Year Ended December 31,
 
2017
 
2016
 
2015
Weighted average of Operating Partnership common units not owned by Digital Realty Trust, Inc.
3,996,550

 
2,406,018

 
2,658,291

Potentially dilutive Series C Cumulative Redeemable Perpetual Preferred Stock
540,773

 

 

Potentially dilutive Series E Cumulative Redeemable Preferred Stock

 
2,880,254

 
4,301,438

Potentially dilutive Series F Cumulative Redeemable Preferred Stock
463,301

 
1,939,905

 
2,727,962

Potentially dilutive Series G Cumulative Redeemable Preferred Stock
2,261,153

 
2,652,503

 
3,730,042

Potentially dilutive Series H Cumulative Redeemable Preferred Stock
3,313,484

 
3,886,966

 
5,465,987

Potentially dilutive Series I Cumulative Redeemable Preferred Stock
2,263,799

 
2,655,607

 
1,235,063

Potentially dilutive Series J Cumulative Redeemable Preferred Stock
720,803

 

 

 
13,559,863

 
16,421,253

 
20,118,783