XML 21 R4.htm IDEA: XBRL DOCUMENT v3.19.1
CONDENSED CONSOLIDATED INCOME STATEMENTS (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating Revenues:    
Total operating revenues $ 814,515 $ 744,368
Operating Expenses:    
Rental property operating and maintenance 254,954 225,640
Property taxes and insurance 40,306 38,994
Depreciation and amortization 311,486 294,789
General and administrative 53,459 36,523
Transactions and integration 2,494 4,178
Impairment of investments in real estate 5,351 0
Other 4,922 431
Total operating expenses 672,972 600,555
Operating income 141,543 143,813
Other Income (Expenses):    
Equity in earnings of unconsolidated joint ventures 9,217 7,410
Gain on deconsolidation / sale of properties, net 67,497 39,273
Interest and other income (expense), net 21,444 (42)
Interest expense (101,552) (76,985)
Tax expense (4,266) (3,374)
Loss from early extinguishment of debt (12,886) 0
Net income 120,997 110,095
Net income attributable to noncontrolling interests (4,185) (3,468)
Net income attributable to Digital Realty Trust, Inc./Digital Realty Trust, L.P. 116,812 106,627
Preferred stock dividends, including undeclared dividends (20,943) (20,329)
Net income available to common stock/unitholders $ 95,869 $ 86,298
Net income per share/unit available to common stockholders/unitholders:    
Basic (in dollars per share/unit) $ 0.46 $ 0.42
Diluted (in dollars per share/unit) $ 0.46 $ 0.42
Weighted average common shares/units outstanding:    
Basic (shares/units) 207,809,383 205,714,173
Diluted (shares/units) 208,526,249 206,507,476
Digital Realty Trust, L.P.    
Operating Revenues:    
Total operating revenues $ 814,515 $ 744,368
Operating Expenses:    
Rental property operating and maintenance 254,954 225,640
Property taxes and insurance 40,306 38,994
Depreciation and amortization 311,486 294,789
General and administrative 53,459 36,523
Transactions and integration 2,494 4,178
Impairment of investments in real estate 5,351 0
Other 4,922 431
Total operating expenses 672,972 600,555
Operating income 141,543 143,813
Other Income (Expenses):    
Equity in earnings of unconsolidated joint ventures 9,217 7,410
Gain on deconsolidation / sale of properties, net 67,497 39,273
Interest and other income (expense), net 21,444 (42)
Interest expense (101,552) (76,985)
Tax expense (4,266) (3,374)
Loss from early extinguishment of debt (12,886) 0
Net income 120,997 110,095
Net income attributable to noncontrolling interests 115 12
Net income attributable to Digital Realty Trust, Inc./Digital Realty Trust, L.P. 121,112 110,107
Preferred stock dividends, including undeclared dividends (20,943) (20,329)
Net income available to common stock/unitholders $ 100,169 $ 89,778
Net income per share/unit available to common stockholders/unitholders:    
Basic (in dollars per share/unit) $ 0.46 $ 0.42
Diluted (in dollars per share/unit) $ 0.46 $ 0.42
Weighted average common shares/units outstanding:    
Basic (shares/units) 217,039,295 214,009,460
Diluted (shares/units) 217,756,161 214,802,763
Rental and other services    
Operating Revenues:    
Total operating revenues $ 812,030 $ 592,298
Rental and other services | Digital Realty Trust, L.P.    
Operating Revenues:    
Total operating revenues 812,030 592,298
Tenant reimbursements    
Operating Revenues:    
Total operating revenues 0 150,079
Tenant reimbursements | Digital Realty Trust, L.P.    
Operating Revenues:    
Total operating revenues 0 150,079
Fee income and other    
Operating Revenues:    
Total operating revenues 2,485 1,991
Fee income and other | Digital Realty Trust, L.P.    
Operating Revenues:    
Total operating revenues $ 2,485 $ 1,991