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Condensed Consolidated Income Statements - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Operating Revenues:        
Rental and other services $ 603,833 $ 500,442 $ 1,792,457 $ 1,432,670
Tenant reimbursements 163,104 107,613 468,906 288,243
Fee income 1,469 1,662 4,945 4,986
Other 518 208 1,903 584
Total operating revenues 768,924 609,925 2,268,211 1,726,483
Operating Expenses:        
Rental property operating and maintenance 245,971 190,061 701,933 534,116
Property taxes 34,871 32,586 97,418 87,666
Insurance 2,653 2,590 8,990 7,758
Depreciation and amortization 293,957 199,914 887,534 554,491
General and administrative 41,642 43,765 124,264 115,921
Transactions and integration 9,626 42,809 19,410 60,367
Impairment of investments in real estate 0 28,992 0 28,992
Other 1,139 3,051 1,722 3,075
Total operating expenses 629,859 543,768 1,841,271 1,392,386
Operating income 139,065 66,157 426,940 334,097
Other Income (Expenses):        
Equity in earnings of unconsolidated joint ventures 8,886 5,880 23,734 19,592
Gain on sale of properties 26,577 9,750 80,042 9,608
Interest and other income (expense) (981) 2,813 2,375 3,331
Interest expense (80,851) (71,621) (236,646) (184,653)
Tax expense (2,432) (2,494) (7,927) (7,356)
Gain from early extinguishment of debt 0 1,990 0 1,990
Net income 90,264 12,475 288,518 176,609
Net income attributable to noncontrolling interests (2,667) (40) (8,831) (1,985)
Net income attributable to Digital Realty Trust, Inc./Digital Realty Trust, L.P. 87,597 12,435 279,687 174,624
Preferred stock/unit dividends/distributions, including undeclared distributions (20,329) (16,575) (60,987) (48,473)
Issuance costs associated with redeemed preferred stock/units 0 0 0 (6,309)
Net income (loss) available to common stock/unitholders $ 67,268 $ (4,140) $ 218,700 $ 119,842
Net income (loss) per share/unit available to common stockholders/unitholders:        
Basic (in dollars per share/unit) $ 0.33 $ (0.02) $ 1.06 $ 0.73
Diluted (in dollars per share/unit) $ 0.33 $ (0.02) $ 1.06 $ 0.73
Weighted average common shares/units outstanding:        
Basic (shares/units) 206,118,472 170,194,254 205,931,031 163,481,306
Diluted (shares/units) 206,766,256 170,194,254 206,555,627 164,371,096
Digital Realty Trust, L.P.        
Operating Revenues:        
Rental and other services $ 603,833 $ 500,442 $ 1,792,457 $ 1,432,670
Tenant reimbursements 163,104 107,613 468,906 288,243
Fee income 1,469 1,662 4,945 4,986
Other 518 208 1,903 584
Total operating revenues 768,924 609,925 2,268,211 1,726,483
Operating Expenses:        
Rental property operating and maintenance 245,971 190,061 701,933 534,116
Property taxes 34,871 32,586 97,418 87,666
Insurance 2,653 2,590 8,990 7,758
Depreciation and amortization 293,957 199,914 887,534 554,491
General and administrative 41,642 43,765 124,264 115,921
Transactions and integration 9,626 42,809 19,410 60,367
Impairment of investments in real estate 0 28,992 0 28,992
Other 1,139 3,051 1,722 3,075
Total operating expenses 629,859 543,768 1,841,271 1,392,386
Operating income 139,065 66,157 426,940 334,097
Other Income (Expenses):        
Equity in earnings of unconsolidated joint ventures 8,886 5,880 23,734 19,592
Gain on sale of properties 26,577 9,750 80,042 9,608
Interest and other income (expense) (981) 2,813 2,375 3,331
Interest expense (80,851) (71,621) (236,646) (184,653)
Tax expense (2,432) (2,494) (7,927) (7,356)
Gain from early extinguishment of debt 0 1,990 0 1,990
Net income 90,264 12,475 288,518 176,609
Net income attributable to noncontrolling interests 33 (119) 49 (353)
Net income attributable to Digital Realty Trust, Inc./Digital Realty Trust, L.P. 90,297 12,356 288,567 176,256
Preferred stock/unit dividends/distributions, including undeclared distributions (20,329) (16,575) (60,987) (48,473)
Issuance costs associated with redeemed preferred stock/units 0 0 0 (6,309)
Net income (loss) available to common stock/unitholders $ 69,968 $ (4,219) $ 227,580 $ 121,474
Net income (loss) per share/unit available to common stockholders/unitholders:        
Basic (in dollars per share/unit) $ 0.33 $ (0.02) $ 1.06 $ 0.73
Diluted (in dollars per share/unit) $ 0.33 $ (0.02) $ 1.06 $ 0.73
Weighted average common shares/units outstanding:        
Basic (shares/units) 214,289,384 173,460,704 214,199,414 166,048,072
Diluted (shares/units) 214,937,168 173,460,704 214,824,010 166,937,862