Schedule III Properties And Accumulated Depreciation

12 Months Ended

Dec. 31, 2023

Schedule III Properties And Accumulated Depreciation

Schedule III Properties And Accumulated Depreciation

											Costs capitalized
					Initial costs						subsequent to acquisition				Total costs
																							Accumulated	Date of
							Acquired		Buildings								Acquired		Buildings				depreciation	acquisition
	Data Center						ground		and				Carrying				ground		and				and	or
	Buildings		Encumbrances		Land		lease		improvements		Improvements		costs		Land		lease		improvements		Total		amortization	construction
North American Markets
Northern Virginia	19	$	—	$	122,168	$	—	$	466,221	$	3,038,772	$	—	$	148,190	$	—	$	3,478,971	$	3,627,161	$	(1,048,343)	2005 - 2019
Chicago	8		—		67,162		—		757,149		972,037		—		66,607		—		1,729,741		1,796,348		(734,390)	2005 - 2017
New York	12		—		12,161		—		425,838		1,049,738		—		16,308		—		1,471,429		1,487,737		(724,675)	2002 - 2015
Dallas	21		—		50,533		—		241,081		1,165,705		—		46,539		—		1,410,780		1,457,319		(663,861)	2002 - 2015
Silicon Valley	14		—		129,702		—		842,693		450,944		—		126,486		—		1,296,853		1,423,339		(599,625)	2002 - 2018
Portland	3		—		1,689		—		3,131		875,873		—		12,549		—		868,144		880,693		(121,204)	2011 - 2015
Phoenix	2		—		11,859		—		399,122		387,722		—		11,859		—		786,844		798,703		(414,122)	2006 - 2015
San Francisco	4		—		41,165		—		358,066		317,548		—		41,478		—		675,301		716,779		(309,825)	2004 - 2015
Toronto	2		—		26,600		—		116,863		412,234		—		27,180		—		528,517		555,697		(64,599)	2013 - 2017
Seattle	1		135,000		43,110		—		329,283		62,071		—		43,110		—		391,354		434,464		(51,115)	2,020
Atlanta	4		—		6,537		—		264,948		141,146		—		6,552		—		406,079		412,631		(136,304)	2011 - 2017
Boston	3		—		17,826		—		253,711		110,351		—		16,600		—		365,288		381,888		(184,525)	2006 - 2011
Los Angeles	2		—		29,531		—		105,910		160,424		—		29,118		—		266,747		295,865		(150,281)	2004 - 2015
Houston	6		—		6,965		—		23,492		155,250		—		6,594		—		179,113		185,707		(118,182)	2006
Austin	1		—		1,177		—		4,877		77,880		—		1,177		—		82,757		83,934		(28,673)	2005
Miami	2		—		2,964		—		29,793		41,808		—		2,964		—		71,601		74,565		(39,164)	2002 - 2015
North America - Other	6		—		14,307		—		33,122		173,477		(18,000)		14,308		—		188,598		202,906		(82,737)
Total North America	110		135,000		585,456		—		4,655,300		9,592,980		(18,000)		617,619		—		14,198,117		14,815,736		(5,471,625)
EMEA Markets
Frankfurt	29		—		31,260		—		876,342		1,035,998		—		106,876		—		1,836,724		1,943,600		(307,656)	2015 - 2020
London	15		—		101,397		—		1,098,809		572,439		—		61,646		—		1,710,999		1,772,645		(607,287)	2007 - 2020
Paris	13		—		45,722		—		355,386		845,856		—		54,507		—		1,192,457		1,246,964		(115,942)	2012 - 2020
Amsterdam	12		—		40,709		—		968,935		202,598		—		70,211		—		1,142,031		1,212,242		(258,958)	2005 - 2020
Johannesburg	5		—		10,099		—		1,008,751		125,255		—		9,085		—		1,135,020		1,144,105		(69,330)	2022
Marseille	4		—		1,121		—		220,737		370,449		—		1,081		—		591,227		592,308		(80,487)	2020
Zurich	3		—		20,605		—		48,325		415,146		—		39,461		—		444,615		484,076		(42,609)	2020
Dublin	9		—		11,722		90		89,597		381,032		—		7,791		91		474,559		482,441		(135,864)	2006 - 2020
Cape Town	2		—		5,100		—		276,021		130,558		—		4,587		—		407,092		411,679		(23,027)	2022
Vienna	3		—		14,159		—		364,949		3,530		—		13,105		—		369,533		382,638		(72,500)	2020
Brussels	3		—		3,874		—		118,034		102,611		—		11,498		—		213,021		224,519		(21,413)	2020
Madrid	4		—		8,456		—		134,817		66,931		—		13,392		—		196,812		210,204		(28,450)	2020
Copenhagen	3		—		11,665		—		107,529		56,032		—		4,583		—		170,643		175,226		(22,665)	2020
Stockholm	6		—		—		—		93,861		58,194		—		—		—		152,055		152,055		(29,430)	2020
Dusseldorf	3		—		—		—		30,093		81,914		—		—		—		112,007		112,007		(12,455)	2020
Durban	1		—		900		—		66,646		(3,287)		—		810		—		63,449		64,259		(5,055)	2022
Europe - Other	5		—		3,144		—		43,046		226,639		—		26,149		—		246,680		272,829		(76,969)
Africa - Other	4		—		—		—		—		225,569		—		3,113		—		222,456		225,569		(21,861)
Total EMEA	124		—		309,933		90		5,901,877		4,897,466		—		427,895		91		10,681,380		11,109,366		(1,931,958)

											Costs capitalized
					Initial costs						subsequent to acquisition				Total costs
																							Accumulated	Date of
							Acquired		Buildings								Acquired		Buildings				depreciation	acquisition
	Data Center						ground		and				Carrying				ground		and				and	or
	Buildings		Encumbrances		Land		lease		improvements		Improvements		costs		Land		lease		improvements		Total		amortization	construction
APAC Markets
Singapore	3		—		—		—		137,545		718,681		—		—		—		856,226		856,226		(301,293)	2010 - 2015
Sydney	4		—		18,285		—		3,868		190,211		—		21,159		—		191,205		212,364		(48,137)	2011 - 2012
Seoul	1		—		—		—		—		132,617		—		17,620		—		114,997		132,617		(7,913)	2022
Melbourne	2		—		4,467		—		—		103,068		—		2,985		—		104,550		107,535		(51,882)	2011
Hong Kong	1		—		—		—		—		59,323		—		—		—		59,323		59,323		(7,137)	2021
Asia Pacific - Other	4		—		—		—		—		13,201		—		—		—		13,201		13,201		(3,740)
Total APAC	15		—		22,752		—		141,413		1,217,101		—		41,764		—		1,339,502		1,381,266		(420,102)
Total Portfolio	249	$	135,000	$	918,141	$	90	$	10,698,590	$	15,707,547	$	(18,000)	$	1,087,278	$	91	$	26,218,999	$	27,306,368	$	(7,823,685)

(1) Tax Cost

The aggregate gross cost of the Company’s properties for federal income tax purposes approximated $42.6 billion (unaudited) as of December 31, 2023.

(2) Historical Cost and Accumulated Depreciation and Amortization

The following table reconciles the historical cost of the Company’s properties for financial reporting purposes for each of the years in the three-year period ended December 31, 2023.

	Year Ended December 31,
	2023		2022		2021
Balance, beginning of year	$	26,136,057	$	23,625,450	$	23,142,988
Additions during period (acquisitions and improvements)		3,494,450		2,553,946		1,570,162
Deductions during period (dispositions, impairments and assets held for sale)		(2,324,139)		(43,339)		(1,087,700)
Balance, end of year	$	27,306,368	$	26,136,057	$	23,625,450

The following table reconciles accumulated depreciation and amortization of the Company’s properties for financial reporting purposes for each of the years in the three-year period ended December 31, 2023.

	Year Ended December 31,
	2023		2022		2021
Balance, beginning of year	$	7,268,981	$	6,210,281	$	5,555,221
Additions during period (depreciation and amortization expense)		1,338,912		1,079,497		1,042,011
Deductions during period (dispositions and assets held for sale)		(784,208)		(20,797)		(386,951)
Balance, end of year	$	7,823,685	$	7,268,981	$	6,210,281

Schedules other than those listed above are omitted because they are not applicable or the information required is included in the Consolidated Financial Statements or the notes thereto.