Investments in Unconsolidated Joint Ventures (Tables)

12 Months Ended

Dec. 31, 2019

Investments in Unconsolidated Joint Ventures

Summary of Financial Information for Joint Ventures

As of December 31, 2019 and 2018, our investments in unconsolidated joint ventures accounted for under the equity method of accounting presented in our consolidated balance sheets consist of the following (in thousands):


	Year Joint	# of	Metropolitan			Balance as of		Balance as of
Joint Venture	Venture Formed	Data Centers	Area	% Ownership		December 31, 2019		December 31, 2018

Ascenty ⁽¹⁾⁽³⁾	2019	19	Brazil / Chile	51	% ⁽²⁾	$	774,853	$	—
Mapletree	2019	3	Northern Virginia	20	%		208,354		—
Mitsubishi	2017	4	Osaka / Tokyo	50	%		200,652		66,835
CenturyLink	2012	1	Hong Kong	50	%		88,647		96,094
Other	Various	14	U.S.	Various			14,603		12,179
Total		41				$	1,287,109	$	175,108

(1) Our maximum exposure to loss related to this unconsolidated variable interest entity (VIE) is limited to our equity investment in this VIE.

(2) Includes an approximate 2% ownership interest held by a non-controlling interest in our entity that holds the investment in the Ascenty joint venture, which has a carrying value of approximately $25.0 million and is classified with redeemable noncontrolling interests in our consolidated balance sheet.

(3) See note 3 for additional information on the Ascenty joint venture.

The following tables present summarized financial information for our unconsolidated joint ventures for the years ended December 31, 2019, 2018, and 2017 (in thousands):