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CONDENSED CONSOLIDATED INCOME STATEMENTS (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Operating Revenues:        
Total operating revenues $ 992,995 $ 800,797 $ 1,816,332 $ 1,615,312
Operating Expenses:        
Rental property operating and maintenance 332,647 252,032 598,355 506,986
Property taxes and insurance 48,441 44,923 94,111 85,229
Depreciation and amortization 349,165 290,562 640,622 602,048
General and administrative 94,291 52,983 157,829 106,442
Transactions and integration 15,618 4,210 72,419 6,704
Impairment of investments in real estate 0 0 0 5,351
Other 22 7,115 136 12,037
Total operating expenses 840,184 651,825 1,563,472 1,324,797
Operating income 152,811 148,972 252,860 290,515
Other Income (Expenses):        
Equity in (loss) earnings of unconsolidated joint ventures (7,632) 6,962 (86,628) 16,179
Gain on deconsolidation, net 0 0 0 67,497
Gain on disposition of properties, net 0 0 304,801 0
Interest and other income, net 22,163 16,980 18,621 38,424
Interest expense (79,874) (86,051) (165,674) (187,603)
Income tax expense (11,490) (4,634) (18,672) (8,900)
Loss from early extinguishment of debt 0 (20,905) (632) (33,791)
Net income 75,978 61,324 304,676 182,321
Net loss (income) attributable to noncontrolling interests (1,147) (1,156) (5,831) (5,341)
Net income attributable to Digital Realty Trust, Inc./Digital Realty Trust, L.P. 74,831 60,168 298,845 176,980
Preferred units distributions, including undeclared distributions (21,155) (16,670) (42,310) (37,613)
Issuance costs associated with redeemed preferred units 0 (11,760) 0 (11,760)
Net income available to common unitholders $ 53,676 $ 31,738 $ 256,535 $ 127,607
Net income per unit available to common unitholders:        
Basic (in dollars per share/unit) $ 0.20 $ 0.15 $ 1.05 $ 0.61
Diluted (in dollars per share/unit) $ 0.20 $ 0.15 $ 1.04 $ 0.61
Weighted average common units outstanding:        
Basic (shares/units) 267,569,823 208,284,407 244,866,574 208,048,207
Diluted (shares/units) 270,744,408 209,435,572 247,576,014 208,894,294
Digital Realty Trust, L.P.        
Operating Revenues:        
Total operating revenues $ 992,995 $ 800,797 $ 1,816,332 $ 1,615,312
Operating Expenses:        
Rental property operating and maintenance 332,647 252,032 598,355 506,986
Property taxes and insurance 48,441 44,923 94,111 85,229
Depreciation and amortization 349,165 290,562 640,622 602,048
General and administrative 94,291 52,983 157,829 106,442
Transactions and integration 15,618 4,210 72,419 6,704
Impairment of investments in real estate 0 0 0 5,351
Other 22 7,115 136 12,037
Total operating expenses 840,184 651,825 1,563,472 1,324,797
Operating income 152,811 148,972 252,860 290,515
Other Income (Expenses):        
Equity in (loss) earnings of unconsolidated joint ventures (7,632) 6,962 (86,628) 16,179
Gain on deconsolidation, net 0 0 0 67,497
Gain on disposition of properties, net 0 0 304,801 0
Interest and other income, net 22,163 16,980 18,621 38,424
Interest expense (79,874) (86,051) (165,674) (187,603)
Income tax expense (11,490) (4,634) (18,672) (8,900)
Loss from early extinguishment of debt 0 (20,905) (632) (33,791)
Net income 75,978 61,324 304,676 182,321
Net loss (income) attributable to noncontrolling interests 253 244 3,369 359
Net income attributable to Digital Realty Trust, Inc./Digital Realty Trust, L.P. 76,231 61,568 308,045 182,680
Preferred units distributions, including undeclared distributions (21,155) (16,670) (42,310) (37,613)
Issuance costs associated with redeemed preferred units 0 (11,760) 0 (11,760)
Net income available to common unitholders $ 55,076 $ 33,138 $ 265,735 $ 133,307
Net income per unit available to common unitholders:        
Basic (in dollars per share/unit) $ 0.20 $ 0.15 $ 1.05 $ 0.61
Diluted (in dollars per share/unit) $ 0.20 $ 0.15 $ 1.04 $ 0.61
Weighted average common units outstanding:        
Basic (shares/units) 275,544,524 217,346,153 252,995,033 217,193,571
Diluted (shares/units) 278,719,109 218,497,318 255,704,473 218,039,658
Rental and other services        
Operating Revenues:        
Total operating revenues $ 987,675 $ 799,386 $ 1,807,747 $ 1,611,416
Rental and other services | Digital Realty Trust, L.P.        
Operating Revenues:        
Total operating revenues 987,675 799,386 1,807,747 1,611,416
Fee income and other        
Operating Revenues:        
Total operating revenues 5,320 1,411 8,585 3,896
Fee income and other | Digital Realty Trust, L.P.        
Operating Revenues:        
Total operating revenues $ 5,320 $ 1,411 $ 8,585 $ 3,896