XML 28 R4.htm IDEA: XBRL DOCUMENT v3.24.0.1
CONSOLIDATED INCOME STATEMENTS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating Revenues:      
Operating Revenues $ 5,477,061 $ 4,691,834 $ 4,427,882
Operating Expenses:      
Rental property operating and maintenance 2,381,666 1,825,817 1,570,506
Property taxes and insurance 216,405 191,745 207,814
Depreciation and amortization 1,694,859 1,577,933 1,486,632
General and administrative 449,056 422,167 400,654
Transactions and integration 84,722 68,766 47,426
Provision for impairment 118,363 3,000 18,291
Other 7,529 12,438 2,550
Total operating expenses 4,952,600 4,101,866 3,733,873
Operating income 524,461 589,968 694,009
Other Income (Expenses):      
Equity in (loss) earnings of unconsolidated entities (29,791) (13,497) 62,283
Gain on disposition of properties, net 900,531 176,754 1,380,795
Other income (expenses), net 68,431 8,917 (4,358)
Interest expense (437,741) (299,132) (293,846)
Loss from early extinguishment of debt   (51,135) (18,672)
Income tax expense (75,579) (31,550) (72,799)
Net income 950,312 380,325 1,747,412
Net income attributable to noncontrolling interests (1,474) (2,641) (38,153)
Net income attributable to Digital Realty Trust, Inc. 948,838 377,684 1,709,259
Preferred stock dividends (40,724) (40,724) (45,761)
Gain on redemption of preferred stock     18,000
Net income available to common stockholders $ 908,114 $ 336,960 $ 1,681,498
Net income per share available to common stockholders:      
Basic (in dollars per share) $ 3.04 $ 1.18 $ 5.95
Diluted (in dollars per share) $ 3.00 $ 1.11 $ 5.94
Weighted average common shares outstanding:      
Basic (in shares) 298,603 286,334 282,475
Diluted (in shares) 309,065 297,919 283,222
Digital Realty Trust, L.P.      
Operating Revenues:      
Operating Revenues $ 5,477,061 $ 4,691,834 $ 4,427,882
Operating Expenses:      
Rental property operating and maintenance 2,381,666 1,825,817 1,570,506
Property taxes and insurance 216,405 191,745 207,814
Depreciation and amortization 1,694,859 1,577,933 1,486,632
General and administrative 449,056 422,167 400,654
Transactions and integration 84,722 68,766 47,426
Provision for impairment 118,363 3,000 18,291
Other 7,529 12,438 2,550
Total operating expenses 4,952,600 4,101,866 3,733,873
Operating income 524,461 589,968 694,009
Other Income (Expenses):      
Equity in (loss) earnings of unconsolidated entities (29,791) (13,497) 62,283
Gain on disposition of properties, net 900,531 176,754 1,380,795
Other income (expenses), net 68,431 8,917 (4,358)
Interest expense (437,741) (299,132) (293,846)
Loss from early extinguishment of debt   (51,135) (18,672)
Income tax expense (75,579) (31,550) (72,799)
Net income 950,312 380,325 1,747,412
Net income attributable to noncontrolling interests 19,236 5,459 947
Net income attributable to Digital Realty Trust, Inc. 969,548 385,784 1,748,359
Preferred stock dividends (40,724) (40,724) (45,761)
Gain on redemption of preferred stock     18,000
Net income available to common stockholders $ 928,824 $ 345,060 $ 1,720,598
Net income per share available to common stockholders:      
Basic (in dollars per share) $ 3.05 $ 1.18 $ 5.95
Diluted (in dollars per share) $ 3.01 $ 1.12 $ 5.94
Weighted average common shares outstanding:      
Basic (in shares) 304,651 292,123 289,165
Diluted (in shares) 315,113 303,708 289,912
Rental and other services      
Operating Revenues:      
Operating Revenues $ 5,430,173 $ 4,662,683 $ 4,395,039
Rental and other services | Digital Realty Trust, L.P.      
Operating Revenues:      
Operating Revenues 5,430,173 4,662,683 4,395,039
Fee income and other      
Operating Revenues:      
Operating Revenues 46,888 29,151 32,843
Fee income and other | Digital Realty Trust, L.P.      
Operating Revenues:      
Operating Revenues $ 46,888 $ 29,151 $ 32,843