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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net income $ 930,421 $ 379,564
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on disposition of properties, net (900,634) (176,760)
Provision for impairment 113,000  
Equity in (loss) earnings of unconsolidated entities (163) (14,616)
Distributions from unconsolidated entities 51,068 34,587
Depreciation and amortization 1,274,384 1,147,803
Amortization of share-based compensation 54,785 62,253
Loss from early extinguishment of debt   51,135
Straight-lined rents and amortization of above and below market leases (18,597) (38,190)
Amortization of deferred financing costs and debt discount / premium 19,705 13,764
Other items, net (20,345) 14,511
Changes in assets and liabilities:    
Increase in accounts receivable and other assets (343,767) (276,953)
Increase in accounts payable and other liabilities 12,618 5,866
Net cash provided by operating activities 1,172,475 1,202,964
Cash flows from investing activities:    
Improvements to investments in real estate (2,466,462) (1,753,520)
Cash paid for business combination / asset acquisitions, net of cash acquired (45,856) (1,877,092)
Investment in unconsolidated entities, net (12,421) (240,541)
Proceeds from sale of assets 2,470,684 203,995
Other investing activities, net (44,651) (60,776)
Net cash used in investing activities (98,706) (3,727,934)
Cash flows from financing activities:    
Net (payments on) proceeds from credit facilities (443,337) 1,968,149
Borrowings on secured / unsecured debt 827,759 2,426,865
Repayments on secured / unsecured debt (3,081) (741,347)
Premium paid for early extinguishment of debt   (49,662)
Capital contributions from noncontrolling interests, net 4,570 17,977
Proceeds from issuance of common stock, net 1,077,538 400,878
Payments of dividends and distributions (1,510,463) (1,440,481)
Other financing activities, net (61,261) (14,851)
Net cash (used in) provided by financing activities (108,275) 2,567,528
Net increase in cash, cash equivalents and restricted cash 965,494 42,558
Effect of exchange rate changes on cash, cash equivalents and restricted cash (43,745) (8,098)
Cash, cash equivalents and restricted cash at beginning of period 150,696 151,485
Cash, cash equivalents and restricted cash at end of period 1,072,445 185,944
Digital Realty Trust, L.P.    
Cash flows from operating activities:    
Net income 930,421 379,564
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on disposition of properties, net (900,634) (176,760)
Provision for impairment 113,000  
Equity in (loss) earnings of unconsolidated entities (163) (14,616)
Distributions from unconsolidated entities 51,068 34,587
Depreciation and amortization 1,274,384 1,147,803
Amortization of share-based compensation 54,785 62,253
Loss from early extinguishment of debt   51,135
Straight-lined rents and amortization of above and below market leases (18,597) (38,190)
Amortization of deferred financing costs and debt discount / premium 19,705 13,764
Other items, net (20,345) 14,511
Changes in assets and liabilities:    
Increase in accounts receivable and other assets (343,767) (276,953)
Increase in accounts payable and other liabilities 12,618 5,866
Net cash provided by operating activities 1,172,475 1,202,964
Cash flows from investing activities:    
Improvements to investments in real estate (2,466,462) (1,753,520)
Cash paid for business combination / asset acquisitions, net of cash acquired (45,856) (1,877,092)
Investment in unconsolidated entities, net (12,421) (240,541)
Proceeds from sale of assets 2,470,684 203,995
Other investing activities, net (44,651) (60,776)
Net cash used in investing activities (98,706) (3,727,934)
Cash flows from financing activities:    
Net (payments on) proceeds from credit facilities (443,337) 1,968,149
Borrowings on secured / unsecured debt 827,759 2,426,865
Repayments on secured / unsecured debt (3,081) (741,347)
Premium paid for early extinguishment of debt   (49,662)
Capital contributions from noncontrolling interests, net 4,570 17,977
General partner contributions 1,077,538 400,878
Payments of dividends and distributions (1,510,463) (1,440,481)
Other financing activities, net (61,261) (14,851)
Net cash (used in) provided by financing activities (108,275) 2,567,528
Net increase in cash, cash equivalents and restricted cash 965,494 42,558
Effect of exchange rate changes on cash, cash equivalents and restricted cash (43,745) (8,098)
Cash, cash equivalents and restricted cash at beginning of period 150,696 151,485
Cash, cash equivalents and restricted cash at end of period $ 1,072,445 $ 185,944