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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net income $ 68,837 $ 76,910
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on disposition of properties, net   (2,770)
Equity in earnings of unconsolidated entities (14,897) (60,958)
Distributions from unconsolidated entities 28,904 14,419
Depreciation and amortization 421,198 382,132
Amortization of share-based compensation 17,502 18,545
Loss from early extinguishment of debt   51,135
Straight-lined rents and amortization of above and below market leases (18,971) (1,048)
Amortization of deferred financing costs and debt discount / premium 5,409 4,972
Other items, net (3,880) 14,499
Changes in assets and liabilities:    
Increase in accounts receivable and other assets (141,958) (168,789)
Decrease in accounts payable and other liabilities (12,418) (51,362)
Net cash provided by operating activities 349,726 277,685
Cash flows from investing activities:    
Improvements to investments in real estate (738,677) (518,734)
Cash paid for business combination / asset acquisitions, net of cash acquired (57,001) (20,133)
Proceeds from unconsolidated entities, net 52,991  
Proceeds from (investment in) unconsolidated entities, net   (150,196)
Other investing activities, net (6,320) (30,029)
Net cash used in investing activities (749,007) (719,092)
Cash flows from financing activities:    
Net proceeds from credit facilities 345,150 551,022
Borrowings on secured / unsecured debt 790,962 1,125,318
Repayments on secured / unsecured debt (3,081) (450,000)
Premium paid for early extinguishment of debt   (49,662)
Capital contributions from noncontrolling interests, net 4,681 18,926
Payments of dividends and distributions (737,976) (704,911)
Other financing activities, net (8,828) (12,397)
Net cash provided by financing activities 390,908 478,296
Net (decrease) increase in cash, cash equivalents and restricted cash (8,373) 36,889
Effect of exchange rate changes on cash, cash equivalents and restricted cash (693) (20,035)
Cash, cash equivalents and restricted cash at beginning of period 150,696 151,485
Cash, cash equivalents and restricted cash at end of period 141,630 168,339
Digital Realty Trust, L.P.    
Cash flows from operating activities:    
Net income 68,837 76,910
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on disposition of properties, net   (2,770)
Equity in earnings of unconsolidated entities (14,897) (60,958)
Distributions from unconsolidated entities 28,904 14,419
Depreciation and amortization 421,198 382,132
Amortization of share-based compensation 17,502 18,545
Loss from early extinguishment of debt   51,135
Straight-lined rents and amortization of above and below market leases (18,971) (1,048)
Amortization of deferred financing costs and debt discount / premium 5,409 4,972
Other items, net (3,880) 14,499
Changes in assets and liabilities:    
Increase in accounts receivable and other assets (141,958) (168,789)
Decrease in accounts payable and other liabilities (12,418) (51,362)
Net cash provided by operating activities 349,726 277,685
Cash flows from investing activities:    
Improvements to investments in real estate (738,677) (518,734)
Cash paid for business combination / asset acquisitions, net of cash acquired (57,001) (20,133)
Proceeds from unconsolidated entities, net 52,991  
Proceeds from (investment in) unconsolidated entities, net   (150,196)
Other investing activities, net (6,320) (30,029)
Net cash used in investing activities (749,007) (719,092)
Cash flows from financing activities:    
Net proceeds from credit facilities 345,150 551,022
Borrowings on secured / unsecured debt 790,962 1,125,318
Repayments on secured / unsecured debt (3,081) (450,000)
Premium paid for early extinguishment of debt   (49,662)
Capital contributions from noncontrolling interests, net 4,681 18,926
Payments of dividends and distributions (737,976) (704,911)
Other financing activities, net (8,828) (12,397)
Net cash provided by financing activities 390,908 478,296
Net (decrease) increase in cash, cash equivalents and restricted cash (8,373) 36,889
Effect of exchange rate changes on cash, cash equivalents and restricted cash (693) (20,035)
Cash, cash equivalents and restricted cash at beginning of period 150,696 151,485
Cash, cash equivalents and restricted cash at end of period $ 141,630 $ 168,339