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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Properties:    
Land $ 1,509,764 $ 1,136,341
Acquired ground leases 10,575 11,150
Buildings and improvements 16,745,210 15,215,405
Tenant improvements 574,336 553,040
Total investments in properties 18,839,885 16,915,936
Accumulated depreciation and amortization (3,935,267) (3,238,227)
Net investments in properties 14,904,618 13,677,709
Investments in unconsolidated joint ventures 175,108 163,477
Net investments in real estate 15,079,726 13,841,186
Cash and cash equivalents 126,700 51
Accounts and other receivables, net of allowance for doubtful accounts of $11,554 and $6,737 as of December 31, 2018 and December 31, 2017, respectively 299,621 276,347
Deferred rent 463,248 430,026
Acquired above-market leases, net of accumulated amortization of $158,037 and $110,139 as of December 31, 2018 and December 31, 2017, respectively 119,759 184,375
Goodwill 4,348,007 3,389,595
Acquired in-place lease value, deferred leasing costs and intangibles, net of accumulated amortization of $1,355,013 and $1,016,989 as of December 31, 2018 and December 31, 2017, respectively 3,144,395 2,998,806
Restricted cash 8,522 13,130
Assets held for sale 0 139,538
Other assets 176,717 131,291
Total assets 23,766,695 21,404,345
LIABILITIES AND EQUITY    
Unsecured senior notes, net of discount 7,589,126 6,570,757
Secured debt, including premiums 685,714 106,582
Accounts payable and other accrued liabilities 1,164,509 980,218
Accrued dividends and distributions 217,241 199,761
Acquired below-market leases, net of accumulated amortization of $242,422 and $219,654 as of December 31, 2018 and December 31, 2017, respectively 200,113 249,465
Security deposits and prepaid rents 209,311 217,898
Obligations associated with assets held for sale 0 5,033
Total liabilities 12,892,653 10,300,993
Redeemable noncontrolling interests – operating partnership 15,832 53,902
Commitments and contingencies
Stockholders’ Equity:    
Preferred Stock: $0.01 par value per share, 110,000,000 shares authorized, 50,650,000 shares issued and outstanding as of December 31, 2018 and December 31, 2017 1,249,560 1,249,560
Common Stock: $0.01 par value, 315,000,000 shares authorized; 206,425,656 and 205,470,300 shares issued and outstanding as of December 31, 2018 and December 31, 2017, respectively 2,051 2,044
Additional paid-in capital 11,355,751 11,261,461
Accumulated dividends in excess of earnings (2,633,071) (2,055,552)
Accumulated other comprehensive loss, net (115,647) (108,432)
Total stockholders’ equity 9,858,644 10,349,081
Noncontrolling interests:    
Noncontrolling interests in operating partnership 906,510 698,126
Noncontrolling interests in consolidated joint ventures 93,056 2,243
Total noncontrolling interests 999,566 700,369
Total equity 10,858,210 11,049,450
Total liabilities and equity 23,766,695 21,404,345
Digital Realty Trust, L.P.    
Properties:    
Land 1,509,764 1,136,341
Acquired ground leases 10,575 11,150
Buildings and improvements 16,745,210 15,215,405
Tenant improvements 574,336 553,040
Total investments in properties 18,839,885 16,915,936
Accumulated depreciation and amortization (3,935,267) (3,238,227)
Net investments in properties 14,904,618 13,677,709
Investments in unconsolidated joint ventures 175,108 163,477
Net investments in real estate 15,079,726 13,841,186
Cash and cash equivalents 126,700 51
Accounts and other receivables, net of allowance for doubtful accounts of $11,554 and $6,737 as of December 31, 2018 and December 31, 2017, respectively 299,621 276,347
Deferred rent 463,248 430,026
Acquired above-market leases, net of accumulated amortization of $158,037 and $110,139 as of December 31, 2018 and December 31, 2017, respectively 119,759 184,375
Goodwill 4,348,007 3,389,595
Acquired in-place lease value, deferred leasing costs and intangibles, net of accumulated amortization of $1,355,013 and $1,016,989 as of December 31, 2018 and December 31, 2017, respectively 3,144,395 2,998,806
Restricted cash 8,522 13,130
Assets held for sale 0 139,538
Other assets 176,717 131,291
Total assets 23,766,695 21,404,345
LIABILITIES AND EQUITY    
Unsecured senior notes, net of discount 7,589,126 6,570,757
Secured debt, including premiums 685,714 106,582
Accounts payable and other accrued liabilities 1,164,509 980,218
Accrued dividends and distributions 217,241 199,761
Acquired below-market leases, net of accumulated amortization of $242,422 and $219,654 as of December 31, 2018 and December 31, 2017, respectively 200,113 249,465
Security deposits and prepaid rents 209,311 217,898
Obligations associated with assets held for sale 0 5,033
Total liabilities 12,892,653 10,300,993
Redeemable noncontrolling interests – operating partnership 15,832 53,902
Commitments and contingencies
Stockholders’ Equity:    
Preferred Stock: $0.01 par value per share, 110,000,000 shares authorized, 50,650,000 shares issued and outstanding as of December 31, 2018 and December 31, 2017 1,249,560 1,249,560
Common units, 206,425,656 and 205,470,300 units issued and outstanding as of December 31, 2018 and December 31, 2017, respectively 8,724,731 9,207,953
Limited Partners, 10,580,884 and 8,489,095 units outstanding as of December 31, 2018 and December 31, 2017, respectively 911,256 702,579
Accumulated other comprehensive loss, net (120,393) (112,885)
Total partners’ capital 10,765,154 11,047,207
Noncontrolling interests:    
Noncontrolling interests in consolidated joint ventures 93,056 2,243
Total capital 10,858,210 11,049,450
Total liabilities and equity 23,766,695 21,404,345
Global revolving credit facilities    
LIABILITIES AND EQUITY    
Line of credit 1,647,735 550,946
Global revolving credit facilities | Digital Realty Trust, L.P.    
LIABILITIES AND EQUITY    
Line of credit 1,647,735 550,946
Unsecured term loan    
LIABILITIES AND EQUITY    
Line of credit 1,178,904 1,420,333
Unsecured term loan | Digital Realty Trust, L.P.    
LIABILITIES AND EQUITY    
Line of credit $ 1,178,904 $ 1,420,333