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CONDENSED CONSOLIDATED INCOME STATEMENTS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Operating Revenues:        
Operating Revenues $ 1,402,432 $ 1,192,083 $ 4,107,422 $ 3,458,727
Operating Expenses:        
Rental property operating and maintenance 607,544 477,731 1,778,465 1,334,826
Property taxes and insurance 76,568 43,862 172,450 145,135
Depreciation and amortization 420,613 388,704 1,274,384 1,147,803
General and administrative 110,721 97,447 332,257 301,736
Transactions and integration 14,465 25,862 44,496 51,416
Provision for impairment 113,000   113,000  
Other 1,295 1,096 1,950 8,823
Total operating expenses 1,344,206 1,034,702 3,717,002 2,989,739
Operating income 58,226 157,381 390,420 468,988
Other Income (Expenses):        
Equity in (loss) earnings of unconsolidated entities (19,793) (12,254) 163 14,616
Gain on disposition of properties, net 810,688 173,990 900,634 176,760
Other income, net 24,812 15,752 18,162 31,811
Interest expense (110,767) (76,502) (324,103) (212,250)
Income tax expense (17,228) (19,576) (54,855) (49,226)
Net income 745,938 238,791 930,421 379,564
Net (income) attributable to noncontrolling interests (12,320) (1,716) (9,893) (5,781)
Net income attributable to Digital Realty Trust, Inc. 733,618 237,075 920,528 373,783
Preferred stock dividends (10,181) (10,181) (30,543) (30,543)
Net income available to common stockholders $ 723,437 $ 226,894 $ 889,985 $ 343,240
Net income per share available to common stockholders:        
Basic (in dollars per share) $ 2.40 $ 0.79 $ 3.00 $ 1.20
Diluted (in dollars per share) $ 2.33 $ 0.75 $ 2.93 $ 1.15
Weighted average common shares outstanding:        
Basic (in shares) 301,827 286,693 296,184 285,312
Diluted (in shares) 311,341 296,415 306,735 294,257
Digital Realty Trust, L.P.        
Operating Revenues:        
Operating Revenues $ 1,402,432 $ 1,192,083 $ 4,107,422 $ 3,458,727
Operating Expenses:        
Rental property operating and maintenance 607,544 477,731 1,778,465 1,334,826
Property taxes and insurance 76,568 43,862 172,450 145,135
Depreciation and amortization 420,613 388,704 1,274,384 1,147,803
General and administrative 110,721 97,447 332,257 301,736
Transactions and integration 14,465 25,862 44,496 51,416
Provision for impairment 113,000   113,000  
Other 1,295 1,096 1,950 8,823
Total operating expenses 1,344,206 1,034,702 3,717,002 2,989,739
Operating income 58,226 157,381 390,420 468,988
Other Income (Expenses):        
Equity in (loss) earnings of unconsolidated entities (19,793) (12,254) 163 14,616
Gain on disposition of properties, net 810,688 173,990 900,634 176,760
Other income, net 24,812 15,752 18,162 31,811
Interest expense (110,767) (76,502) (324,103) (212,250)
Income tax expense (17,228) (19,576) (54,855) (49,226)
Net income 745,938 238,791 930,421 379,564
Net (income) attributable to noncontrolling interests 3,980 3,684 10,407 2,719
Net income attributable to Digital Realty Trust, Inc. 749,918 242,475 940,828 382,283
Preferred stock dividends (10,181) (10,181) (30,543) (30,543)
Net income available to common stockholders $ 739,737 $ 232,294 $ 910,285 $ 351,740
Net income per share available to common stockholders:        
Basic (in dollars per share) $ 2.40 $ 0.79 $ 3.00 $ 1.20
Diluted (in dollars per share) $ 2.33 $ 0.75 $ 2.93 $ 1.15
Weighted average common shares outstanding:        
Basic (in shares) 308,024 292,536 302,316 291,084
Diluted (in shares) 317,538 302,258 312,867 300,028
Rental and other services        
Operating Revenues:        
Operating Revenues $ 1,394,613 $ 1,184,165 $ 4,075,008 $ 3,437,252
Rental and other services | Digital Realty Trust, L.P.        
Operating Revenues:        
Operating Revenues 1,394,613 1,184,165 4,075,008 3,437,252
Fee income and other        
Operating Revenues:        
Operating Revenues 7,819 7,918 32,414 21,475
Fee income and other | Digital Realty Trust, L.P.        
Operating Revenues:        
Operating Revenues $ 7,819 $ 7,918 $ 32,414 $ 21,475