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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net income $ 379,564 $ 657,015
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on disposition of properties, net (176,760) (333,785)
Equity in earnings of unconsolidated entities (14,616) (69,996)
Distributions from unconsolidated entities 34,587 62,649
Depreciation and amortization 1,147,803 1,107,749
Amortization of share-based compensation 62,253 66,036
Loss from early extinguishment of debt 51,135 18,347
Straight-lined rents and amortization of above and below market leases (38,190) 5,322
Amortization of deferred financing costs and debt discount / premium 13,764 14,319
Other items, net 14,511 4,191
Changes in assets and liabilities:    
Increase in accounts receivable and other assets (276,953) (241,104)
Increase (decrease) in accounts payable and other liabilities 5,866 (40,454)
Net cash provided by operating activities 1,202,964 1,250,289
Cash flows from investing activities:    
Improvements to investments in real estate (1,753,520) (1,748,075)
Cash paid for business combination / asset acquisitions, net of cash acquired (1,877,092) (168,439)
Proceeds from unconsolidated entities, net   9,306
(Investment in) proceeds from unconsolidated entities, net (240,541)  
Proceeds from sale of real estate 203,995 719,764
Other investing activities, net (60,776) 7,627
Net cash used in investing activities (3,727,934) (1,179,817)
Cash flows from financing activities:    
Net proceeds from credit facilities 1,968,149 323,441
Borrowings on secured / unsecured debt 2,426,865 1,816,178
Repayments on secured / unsecured debt (741,347) (886,968)
Premium paid for early extinguishment of debt (49,662) (16,482)
Capital contributions from noncontrolling interests, net 17,977 108,448
Proceeds from issuance of common stock, net 400,878 168,309
Redemption of preferred stock   (201,250)
Payments of dividends and distributions (1,440,481) (1,369,251)
Other financing activities, net (14,851) (19,595)
Net cash provided by (used in) financing activities 2,567,528 (77,170)
Net increase (decrease) in cash, cash equivalents and restricted cash 42,558 (6,698)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (8,098) 10,138
Cash, cash equivalents and restricted cash at beginning of period 151,485 123,652
Cash, cash equivalents and restricted cash at end of period 185,944 127,092
Digital Realty Trust, L.P.    
Cash flows from operating activities:    
Net income 379,564 657,015
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on disposition of properties, net (176,760) (333,785)
Equity in earnings of unconsolidated entities (14,616) (69,996)
Distributions from unconsolidated entities 34,587 62,649
Depreciation and amortization 1,147,803 1,107,749
Amortization of share-based compensation 62,253 66,036
Loss from early extinguishment of debt 51,135 18,347
Straight-lined rents and amortization of above and below market leases (38,190) 5,322
Amortization of deferred financing costs and debt discount / premium 13,764 14,319
Other items, net 14,511 4,191
Changes in assets and liabilities:    
Increase in accounts receivable and other assets (276,953) (241,104)
Increase (decrease) in accounts payable and other liabilities 5,866 (40,454)
Net cash provided by operating activities 1,202,964 1,250,289
Cash flows from investing activities:    
Improvements to investments in real estate (1,753,520) (1,748,075)
Cash paid for business combination / asset acquisitions, net of cash acquired (1,877,092) (168,439)
Proceeds from unconsolidated entities, net   9,306
(Investment in) proceeds from unconsolidated entities, net (240,541)  
Proceeds from sale of real estate 203,995 719,764
Other investing activities, net (60,776) 7,627
Net cash used in investing activities (3,727,934) (1,179,817)
Cash flows from financing activities:    
Net proceeds from credit facilities 1,968,149 323,441
Borrowings on secured / unsecured debt 2,426,865 1,816,178
Repayments on secured / unsecured debt (741,347) (886,968)
Premium paid for early extinguishment of debt (49,662) (16,482)
Capital contributions from noncontrolling interests, net 17,977 108,448
General partner contributions 400,878 168,309
General partner distributions   (201,250)
Payments of dividends and distributions (1,440,481) (1,369,251)
Other financing activities, net (14,851) (19,595)
Net cash provided by (used in) financing activities 2,567,528 (77,170)
Net increase (decrease) in cash, cash equivalents and restricted cash 42,558 (6,698)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (8,098) 10,138
Cash, cash equivalents and restricted cash at beginning of period 151,485 123,652
Cash, cash equivalents and restricted cash at end of period $ 185,944 $ 127,092