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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net income $ 380,325 $ 1,747,412 $ 362,730
Adjustments to reconcile net income to net cash provided by operating activities:      
Gain on disposition of properties, net (176,754) (1,380,795) (316,894)
Equity in loss (earnings) of unconsolidated entities 13,497 (62,283) 57,629
Distributions from unconsolidated entities 42,376 66,232 39,878
Depreciation and amortization 1,577,933 1,486,632 1,366,379
Amortization of share-based compensation 92,461 84,083 74,577
Loss from early extinguishment of debt 51,135 18,672 103,215
Straight-lined rents and amortization of above and below market leases (64,954) (30,793) (17,744)
Amortization of deferred financing costs and debt discount / premium 18,848 18,694 19,202
Other items, net (45,141) 81,038 6,102
Changes in assets and liabilities:      
Increase in accounts receivable and other assets (272,452) (389,116) (72,897)
Increase in accounts payable and other liabilities 42,114 62,452 84,364
Net cash provided by operating activities 1,659,388 1,702,228 1,706,541
Cash flows from investing activities:      
Improvements to investments in real estate (2,643,097) (2,520,772) (2,064,066)
Cash paid for business combination / asset acquisitions, net of cash acquired (1,930,178) (192,015) (908,567)
Proceeds from unconsolidated entities, net   2,665  
(Investment in) proceeds from unconsolidated entities, net (296,095)   (144,323)
Proceeds from sale of real estate 271,567 1,691,072 564,615
Other investing activities, net (101,600) (42,671) (47,006)
Net cash used in investing activities (4,699,403) (1,061,721) (2,599,347)
Cash flows from financing activities:      
Net proceeds from (payments on) credit facilities 1,690,181 (89,554) 162,111
Borrowings on secured / unsecured debt 2,791,027 1,824,389 3,573,120
Repayments on secured / unsecured debt (1,036,577) (990,968) (2,928,924)
Premium paid for early extinguishment of debt (49,662) (16,482) (96,124)
Capital contributions from noncontrolling interests, net 44,312 124,134 102,285
Proceeds from issuance of common stock, net 928,432 172,096 1,879,957
Redemption of preferred stock   (201,250) (500,000)
Payments of dividends and distributions (1,450,637) (1,379,198) (1,239,318)
Other financing activities, net 52,073 (33,797) (17,418)
Net cash provided by (used in) financing activities 2,969,149 (590,630) 935,689
Net (decrease) increase in cash, cash equivalents and restricted cash (70,866) 49,877 42,883
Effect of exchange rate changes on cash, cash equivalents and restricted cash 70,077 (22,044) (16,484)
Cash, cash equivalents and restricted cash at beginning of period 151,485 123,652 97,253
Cash, cash equivalents and restricted cash at end of period 150,696 151,485 123,652
Digital Realty Trust, L.P.      
Cash flows from operating activities:      
Net income 380,325 1,747,412 362,730
Adjustments to reconcile net income to net cash provided by operating activities:      
Gain on disposition of properties, net (176,754) (1,380,795) (316,894)
Equity in loss (earnings) of unconsolidated entities 13,497 (62,283) 57,629
Distributions from unconsolidated entities 42,376 66,232 39,878
Depreciation and amortization 1,577,933 1,486,632 1,366,379
Amortization of share-based compensation 92,461 84,083 74,577
Loss from early extinguishment of debt 51,135 18,672 103,215
Straight-lined rents and amortization of above and below market leases (64,954) (30,793) (17,744)
Amortization of deferred financing costs and debt discount / premium 18,848 18,694 19,202
Other items, net (45,141) 81,038 6,102
Changes in assets and liabilities:      
Increase in accounts receivable and other assets (272,452) (389,116) (72,897)
Increase in accounts payable and other liabilities 42,114 62,452 84,364
Net cash provided by operating activities 1,659,388 1,702,228 1,706,541
Cash flows from investing activities:      
Improvements to investments in real estate (2,643,097) (2,520,772) (2,064,066)
Cash paid for business combination / asset acquisitions, net of cash acquired (1,930,178) (192,015) (908,567)
Proceeds from unconsolidated entities, net   2,665  
(Investment in) proceeds from unconsolidated entities, net (296,095)   (144,323)
Proceeds from sale of real estate 271,567 1,691,072 564,615
Other investing activities, net (101,600) (42,671) (47,006)
Net cash used in investing activities (4,699,403) (1,061,721) (2,599,347)
Cash flows from financing activities:      
Net proceeds from (payments on) credit facilities 1,690,181 (89,554) 162,111
Borrowings on secured / unsecured debt 2,791,027 1,824,389 3,573,120
Repayments on secured / unsecured debt (1,036,577) (990,968) (2,928,924)
Premium paid for early extinguishment of debt (49,662) (16,482) (96,124)
Capital contributions from noncontrolling interests, net 44,312 124,134 102,285
General partner contributions 928,432 172,096 1,879,957
General partner distributions   (201,250) (500,000)
Payments of dividends and distributions (1,450,637) (1,379,198) (1,239,318)
Other financing activities, net 52,073 (33,797) (17,418)
Net cash provided by (used in) financing activities 2,969,149 (590,630) 935,689
Net (decrease) increase in cash, cash equivalents and restricted cash (70,866) 49,877 42,883
Effect of exchange rate changes on cash, cash equivalents and restricted cash 70,077 (22,044) (16,484)
Cash, cash equivalents and restricted cash at beginning of period 151,485 123,652 97,253
Cash, cash equivalents and restricted cash at end of period $ 150,696 $ 151,485 $ 123,652