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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net income $ 394,676 $ 228,698
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on disposition of properties, net (333,921) (304,801)
Equity in loss of unconsolidated entities 23,031 78,996
Distributions from unconsolidated entities 15,567 3,938
Depreciation and amortization 369,733 291,457
Amortization of share-based compensation 27,654 14,549
Loss from early extinguishment of debt 18,347 632
Amortization of acquired above-market leases and acquired below-market leases, net 2,137 3,294
Amortization of deferred financing costs and debt discount / premium 4,672 5,180
Other items, net 9,975 8,918
Changes in assets and liabilities:    
Increase in accounts receivable and other assets (117,563) (35,278)
Decrease in accounts payable and other liabilities (86,433) (68,923)
Net cash provided by operating activities 327,875 226,660
Cash flows from investing activities:    
Improvements to investments in real estate (508,523) (377,295)
Cash paid for business combinations and assets acquisition, net of cash and restricted cash acquired (27,623) (196,527)
Investment and proceeds from unconsolidated entities   (77,500)
Proceeds from sale of real estate 685,484 526,362
Other investing activities, net (4,676) (12,483)
Proceeds from joint venture transactions 40,796  
Net cash provided by (used in) investing activities 185,458 (137,443)
Cash flows from financing activities:    
Net (payments on) proceeds from credit facilities (69,438) 256,865
Borrowings on secured / unsecured debt 1,215,890 1,801,377
Repayments on secured / unsecured debt (886,959) (1,435,397)
Premium paid for early extinguishment of debt (16,482)  
Capital contributions from noncontrolling interests 29,530 34,813
Payments of dividends and distributions (673,747) (560,602)
Other financing activities, net (15,459) (6,046)
Net cash (used in) provided by financing activities (416,665) 91,010
Net increase in cash, cash equivalents and restricted cash 96,668 180,227
Effect of exchange rate changes on cash, cash equivalents and restricted cash 10,392 (18,781)
Cash, cash equivalents and restricted cash at beginning of period 123,652 97,253
Cash, cash equivalents and restricted cash at end of period 230,712 258,699
Digital Realty Trust, L.P.    
Cash flows from operating activities:    
Net income 394,676 228,698
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on disposition of properties, net (333,921) (304,801)
Equity in loss of unconsolidated entities 23,031 78,996
Distributions from unconsolidated entities 15,567 3,938
Depreciation and amortization 369,733 291,457
Amortization of share-based compensation 27,654 14,549
Loss from early extinguishment of debt 18,347 632
Amortization of acquired above-market leases and acquired below-market leases, net 2,137 3,294
Amortization of deferred financing costs and debt discount / premium 4,672 5,180
Other items, net 9,975 8,918
Changes in assets and liabilities:    
Increase in accounts receivable and other assets (117,563) (35,278)
Decrease in accounts payable and other liabilities (86,433) (68,923)
Net cash provided by operating activities 327,875 226,660
Cash flows from investing activities:    
Improvements to investments in real estate (508,523) (377,295)
Cash paid for business combinations and assets acquisition, net of cash and restricted cash acquired (27,623) (196,527)
Investment and proceeds from unconsolidated entities   (77,500)
Proceeds from sale of real estate 685,484 526,362
Other investing activities, net (4,676) (12,483)
Proceeds from joint venture transactions 40,796  
Net cash provided by (used in) investing activities 185,458 (137,443)
Cash flows from financing activities:    
Net (payments on) proceeds from credit facilities (69,438) 256,865
Borrowings on secured / unsecured debt 1,215,890 1,801,377
Repayments on secured / unsecured debt (886,959) (1,435,397)
Premium paid for early extinguishment of debt (16,482)  
Capital contributions from noncontrolling interests 29,530 34,813
Payments of dividends and distributions (673,747) (560,602)
Other financing activities, net (15,459) (6,046)
Net cash (used in) provided by financing activities (416,665) 91,010
Net increase in cash, cash equivalents and restricted cash 96,668 180,227
Effect of exchange rate changes on cash, cash equivalents and restricted cash 10,392 (18,781)
Cash, cash equivalents and restricted cash at beginning of period 123,652 97,253
Cash, cash equivalents and restricted cash at end of period $ 230,712 $ 258,699