XML 24 R4.htm IDEA: XBRL DOCUMENT v3.22.4
CONSOLIDATED INCOME STATEMENTS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating Revenues:      
Operating Revenues $ 4,691,834 $ 4,427,882 $ 3,903,609
Operating Expenses:      
Rental property operating and maintenance 1,825,817 1,570,506 1,331,493
Property taxes and insurance 191,745 207,814 182,623
Depreciation and amortization 1,577,933 1,486,632 1,366,379
General and administrative 422,167 400,654 351,369
Transactions and integration 68,766 47,426 106,662
Impairment of investments in real estate 3,000 18,291 6,482
Other 12,438 2,550 1,075
Total operating expenses 4,101,866 3,733,873 3,346,083
Operating income 589,968 694,009 557,526
Other Income (Expenses):      
Equity in (loss) earnings of unconsolidated entities (13,497) 62,283 (57,629)
Gain on disposition of properties, net 176,754 1,380,795 316,894
Other income (expenses), net 8,917 (4,358) 20,222
Interest expense (299,132) (293,846) (333,021)
Loss from early extinguishment of debt (51,135) (18,672) (103,215)
Income tax expense (31,550) (72,799) (38,047)
Net income 380,325 1,747,412 362,730
Net income attributable to noncontrolling interests (2,641) (38,153) (6,332)
Net income attributable to Digital Realty Trust, Inc. 377,684 1,709,259 356,398
Preferred stock dividends, including undeclared dividends (40,724) (45,761) (76,536)
Gain (loss) on redemption of preferred stock / units   18,000 (16,520)
Net income available to common stockholders $ 336,960 $ 1,681,498 $ 263,342
Net income per share available to common stockholders:      
Basic $ 1.18 $ 5.95 $ 1.01
Diluted $ 1.11 $ 5.94 $ 1.00
Weighted average common shares outstanding:      
Basic 286,334 282,475 260,099
Diluted 297,919 283,222 262,523
Digital Realty Trust, L.P.      
Operating Revenues:      
Operating Revenues $ 4,691,834 $ 4,427,882 $ 3,903,609
Operating Expenses:      
Rental property operating and maintenance 1,825,817 1,570,506 1,331,493
Property taxes and insurance 191,745 207,814 182,623
Depreciation and amortization 1,577,933 1,486,632 1,366,379
General and administrative 422,167 400,654 351,369
Transactions and integration 68,766 47,426 106,662
Impairment of investments in real estate 3,000 18,291 6,482
Other 12,438 2,550 1,075
Total operating expenses 4,101,866 3,733,873 3,346,083
Operating income 589,968 694,009 557,526
Other Income (Expenses):      
Equity in (loss) earnings of unconsolidated entities (13,497) 62,283 (57,629)
Gain on disposition of properties, net 176,754 1,380,795 316,894
Other income (expenses), net 8,917 (4,358) 20,222
Interest expense (299,132) (293,846) (333,021)
Loss from early extinguishment of debt (51,135) (18,672) (103,215)
Income tax expense (31,550) (72,799) (38,047)
Net income 380,325 1,747,412 362,730
Net income attributable to noncontrolling interests 5,459 947 3,168
Net income attributable to Digital Realty Trust, Inc. 385,784 1,748,359 365,898
Preferred stock dividends, including undeclared dividends (40,724) (45,761) (76,536)
Gain (loss) on redemption of preferred stock / units   18,000 (16,520)
Net income available to common stockholders $ 345,060 $ 1,720,598 $ 272,842
Net income per share available to common stockholders:      
Basic $ 1.18 $ 5.95 $ 1.02
Diluted $ 1.12 $ 5.94 $ 1.01
Weighted average common shares outstanding:      
Basic 292,123,000 289,165,000 268,073,000
Diluted 303,708,000 289,912,000 270,497,000
Rental and other services      
Operating Revenues:      
Operating Revenues $ 4,662,683 $ 4,395,039 $ 3,886,546
Rental and other services | Digital Realty Trust, L.P.      
Operating Revenues:      
Operating Revenues 4,662,683 4,395,039 3,886,546
Fee income and other      
Operating Revenues:      
Operating Revenues 29,151 32,843 17,063
Fee income and other | Digital Realty Trust, L.P.      
Operating Revenues:      
Operating Revenues $ 29,151 $ 32,843 $ 17,063