XML 23 R7.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF CAPITAL - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Increase (Decrease) in Partners' Capital [Roll Forward]          
Beginning balance (units)     284,415,000    
Common units issued in connection with acquisition       $ 18,270  
Contributions from (distributions to) noncontrolling interests in consolidated entities $ 10,379 $ 37,380 $ 21,906 110,115  
Units issued in connection with employee stock purchase plan   6,468   9,895  
Units repurchased and retired to satisfy tax withholding upon vesting   (701)   (16,550)  
Amortization of share-based compensation   19,427   69,278  
Partial settlement of forward sale agreements, net of costs 399,722   400,878    
Redemption of preferred units       (201,250)  
Adjustment to redeemable noncontrolling interests 4,783   12,124 (771)  
Contributions from noncontrolling interests in consolidated joint ventures, net of distributions 10,379 37,380 21,906 110,115  
Cumulative effect adjustment from adoption of new accounting standard 17,555,021 17,766,359 17,555,021 17,766,359 $ 18,476,787
Deconsolidation of consolidated joint venture/consolidated entities   (197,016)   (197,016)  
Net income 242,214 136,476 382,917 656,668  
Other comprehensive income (loss)-foreign currency translation adjustments (402,425) (147,120) (710,215) (254,444)  
Other comprehensive income (loss)-fair value of interest rate swaps 7,154 209 6,166 772  
Other comprehensive income (loss)- reclassification of accumulated other comprehensive income to interest expense $ (1,092) 358 $ (1,154) 1,070  
Ending balance (units) 287,509,000   287,509,000   284,415,000
Series C Cumulative Redeemable Perpetual Preferred Stock          
Increase (Decrease) in Partners' Capital [Roll Forward]          
Adjustment to redeemable noncontrolling interests   938      
Digital Realty Trust, L.P.          
Increase (Decrease) in Partners' Capital [Roll Forward]          
Beginning balance $ 17,630,219 18,164,247 $ 18,476,787 18,446,336 $ 18,446,336
Common units issued in connection with acquisition       18,270  
Contributions from (distributions to) noncontrolling interests in consolidated entities 10,379 37,380 161,644    
Units issued under equity plans, net of unit settlement to satisfy tax withholding upon vesting 11,684   9,510    
Issuance of common unit, net of offering costs   92,871   168,309  
Payment of common unit offering costs and other, net     395,909    
Units issued in connection with employee stock purchase plan   6,468   9,895  
Units repurchased and retired to satisfy tax withholding upon vesting   (701)   (16,550)  
Amortization of share-based compensation 21,288 19,427 62,253 69,278  
Partial settlement of forward sale agreements, net of costs 399,722        
Redemption of preferred units       (201,250)  
Adjustment to redeemable partnership units 4,783     (771)  
Adjustment to redeemable partnership units   (938) 12,124    
Distributions (368,905) (347,178) (1,101,182) (1,044,323)  
Distributions to noncontrolling interests in consolidated entities, net of contributions       110,115  
Contributions from noncontrolling interests in consolidated joint ventures, net of distributions 10,379 37,380 161,644    
Deconsolidation of consolidated joint venture/consolidated entities   (197,016)   (197,016)  
Net income 242,214 136,476 243,179 656,668  
Other comprehensive income (loss)-foreign currency translation adjustments (402,425) (147,120) (710,215) (254,444)  
Other comprehensive income (loss)-fair value of interest rate swaps 7,154 209 6,166 772  
Other comprehensive income (loss)- reclassification of accumulated other comprehensive income to interest expense (1,092) 358 (1,154) 1,070  
Ending balance 17,555,021 17,766,359 17,555,021 17,766,359 18,476,787
Redeemable Interests | Digital Realty Trust, L.P.          
Increase (Decrease) in Partners' Capital [Roll Forward]          
Beginning balance 41,047 41,490 46,995 42,011 42,011
Contributions from (distributions to) noncontrolling interests in consolidated entities   484 1,703    
Redeemable noncontrolling interests associated with acquisition of Teraco (1,530,090)   1,530,090    
Adjustment to redeemable partnership units (4,783)     771  
Adjustment to redeemable partnership units   938 (12,124)    
Distributions (190) (181) (570) (543)  
Distributions to noncontrolling interests in consolidated entities, net of contributions       (1,666)  
Contributions from noncontrolling interests in consolidated joint ventures, net of distributions   484 1,703    
Net income (3,423) 65 (3,353) 347  
Other comprehensive income (loss)-foreign currency translation adjustments (132,821)   (132,821)    
Ending balance 1,429,920 40,920 1,429,920 40,920 46,995
Accumulated other comprehensive income (loss), net | Digital Realty Trust, L.P.          
Increase (Decrease) in Partners' Capital [Roll Forward]          
Beginning balance (490,285) 28,751 (181,445) 134,800 134,800
Other comprehensive income (loss)-foreign currency translation adjustments (402,425) (147,120) (710,215) (254,444)  
Other comprehensive income (loss)-fair value of interest rate swaps 7,154 209 6,166 772  
Other comprehensive income (loss)- reclassification of accumulated other comprehensive income to interest expense (1,092) 358 (1,154) 1,070  
Ending balance (886,648) (117,802) (886,648) (117,802) (181,445)
Noncontrolling Interests in Consolidated Joint Ventures | Digital Realty Trust, L.P.          
Increase (Decrease) in Partners' Capital [Roll Forward]          
Beginning balance 59,374 192,694 46,882 119,659 119,659
Contributions from (distributions to) noncontrolling interests in consolidated entities 10,379 37,380 21,906    
Distributions to noncontrolling interests in consolidated entities, net of contributions       110,115  
Contributions from noncontrolling interests in consolidated joint ventures, net of distributions 10,379 37,380 21,906    
Deconsolidation of consolidated joint venture/consolidated entities   (197,016)   (197,016)  
Net income (136) (734) 829 (434)  
Ending balance 69,617 $ 32,324 69,617 $ 32,324 46,882
General Partner | Redeemable Interests | Digital Realty Trust, L.P.          
Increase (Decrease) in Partners' Capital [Roll Forward]          
Ending balance (units)   30,200,000   30,200,000  
General Partner | Preferred Units | Digital Realty Trust, L.P.          
Increase (Decrease) in Partners' Capital [Roll Forward]          
Beginning balance $ 731,690 $ 731,690 $ 731,690 $ 950,940 $ 950,940
Beginning balance (units) 30,200,000 30,200,000 30,200,000 38,250,000 38,250,000
Conversion of limited partner common units to general partner common units (units)   562,151      
Issuance of common units, net of offering costs (in units)   583,181      
Units issued in connection with employee stock purchase plan (units)   52,654      
Vesting of restricted common units, net (units)   45,664      
Redemption of preferred units       $ (219,250)  
Redemption of preferred units (in units)       (8,050,000)  
Distributions   $ (10,181)   $ (35,580)  
Net income   10,181   35,580  
Ending balance $ 731,690 $ 731,690 $ 731,690 $ 731,690 $ 731,690
Ending balance (units) 30,200,000 30,200,000 30,200,000 30,200,000 30,200,000
General Partner | Common Units | Digital Realty Trust, L.P.          
Increase (Decrease) in Partners' Capital [Roll Forward]          
Beginning balance $ 16,882,503 $ 16,694,233 $ 17,446,758 $ 16,631,747 $ 16,631,747
Beginning balance (units) 284,733,922 282,603,152 284,415,013 280,289,726 280,289,726
Conversion of limited partner common units to general partner common units $ 503 $ 46,515 $ 1,962 $ 157,912  
Conversion of limited partner common units to general partner common units (units) 6,253   23,550 1,902,826  
Common units issued in connection with acquisition       $ 18,270  
Common units issued in connection with acquisition (in units)     305,054 125,395  
Issuance of limited partner common units, net (in units)       1,060,943  
Contributions from (distributions to) noncontrolling interests in consolidated entities     $ 136,708    
Units issued under equity plans, net of unit settlement to satisfy tax withholding upon vesting $ 11,684   $ 9,510    
Units issued under equity plans, net of unit settlement to satisfy tax withholding upon vesting (in units) 63,863   106,051    
Issuance of common unit, net of offering costs   92,871   $ 168,309  
Payment of common unit offering costs and other, net     $ 395,909    
Payment of common unit offering costs and other, net (units)     2,658,539    
Units issued in connection with employee stock purchase plan   6,468   $ 9,895  
Units issued in connection with employee stock purchase plan (units)       82,129  
Units repurchased and retired to satisfy tax withholding upon vesting   (701)   $ (16,550)  
Amortization of share-based compensation $ 21,288 19,427 $ 62,253 $ 69,278  
Vesting of restricted common units, net (units) 45,630     385,783  
Partial settlement of forward sale agreements, net of costs $ 399,722        
Partial settlement of forward sale agreements, net of costs (shares) 2,658,539        
Reclassification of vested share-based awards $ 933 138 (29,210) $ 23,008  
Redemption of preferred units       18,000  
Adjustment to redeemable partnership units 4,783     (771)  
Adjustment to redeemable partnership units   (938) 12,124    
Distributions (361,591) (329,720) (1,078,055) (984,964)  
Contributions from noncontrolling interests in consolidated joint ventures, net of distributions     136,708    
Net income 237,075 124,094 237,075 605,869  
Ending balance $ 17,195,034 $ 16,653,987 $ 17,195,034 $ 16,653,987 $ 17,446,758
Ending balance (units) 287,508,207 283,846,802 287,508,207 283,846,802 284,415,013
Limited Partners | Common Units | Digital Realty Trust, L.P.          
Increase (Decrease) in Partners' Capital [Roll Forward]          
Beginning balance $ 446,937 $ 516,879 $ 432,902 $ 609,190 $ 609,190
Beginning balance (units) 6,299,478 7,055,409 5,931,771 8,046,267 8,046,267
Conversion of limited partner common units to general partner common units $ (503) $ (46,515) $ (1,962) $ (157,912)  
Conversion of limited partner common units to general partner common units (units)   (562,151) (17,297) (1,902,826)  
Issuance of limited partner common units, net (in units) (4,810)   380,194    
Contributions from (distributions to) noncontrolling interests in consolidated entities     $ 3,030    
Issuance of common units, net of forfeitures (units)       350,624  
Issuance of common units, net of forfeitures (units)   807      
Reclassification of vested share-based awards $ (933) $ (138) 29,210 $ (23,008)  
Distributions (7,314) (7,277) (23,127) (23,779)  
Contributions from noncontrolling interests in consolidated joint ventures, net of distributions     3,030    
Net income 5,275 2,935 5,275 15,653  
Ending balance $ 445,328 $ 466,160 $ 445,328 $ 466,160 $ 432,902
Ending balance (units) 6,294,668 6,494,065 6,294,668 6,494,065 5,931,771