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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Net income $ 950,312 $ 380,325 $ 1,747,412
Adjustments to reconcile net income to net cash provided by operating activities:      
Gain on disposition of properties, net (900,531) (176,754) (1,380,795)
Provision for impairment 118,363 3,000 18,291
Equity in loss (earnings) of unconsolidated entities 29,791 13,497 (62,283)
Distributions from unconsolidated entities 73,518 42,376 66,232
Depreciation and amortization 1,694,859 1,577,933 1,486,632
Amortization of share-based compensation 80,532 92,461 84,083
Loss from early extinguishment of debt   51,135 18,672
Straight-lined rents and amortization of above and below market leases (50,931) (64,954) (30,793)
Amortization of deferred financing costs and debt discount / premium 26,834 18,848 18,694
Other operating activities, net (8,216) (45,141) 81,038
Changes in assets and liabilities:      
Increase in accounts receivable and other assets (155,317) (272,452) (389,116)
(Decrease) increase in accounts payable and other liabilities (224,434) 42,114 62,452
Net cash provided by operating activities 1,634,780 1,659,388 1,702,228
Cash flows from investing activities:      
Improvements to investments in real estate (3,525,598) (2,643,097) (2,520,772)
Cash paid for business combination / asset acquisitions, net of cash acquired (52,297) (1,930,178) (192,015)
Investments in and advances to unconsolidated joint venture (336,456) (299,427) (59,450)
Return of investment from unconsolidated joint ventures 241,984 3,332 62,115
Proceeds from sale of assets 2,619,778 271,567 1,691,072
Other investing activities, net (62,522) (101,600) (42,671)
Net cash used in investing activities (1,115,111) (4,699,403) (1,061,721)
Cash flows from financing activities:      
Proceeds from credit facilities 2,870,841 5,510,267 2,521,497
Payments on credit facilities (3,293,644) (3,820,086) (2,611,051)
Borrowings on secured / unsecured debt 869,132 2,791,027 1,824,389
Repayments on secured / unsecured debt (111,979) (1,036,577) (990,968)
Premium paid for early extinguishment of debt   (49,662) (16,482)
Capital contributions from noncontrolling interests, net 4,474 44,312 124,134
Proceeds from issuance of common stock, net 2,207,259 928,432 172,096
Redemption of preferred stock     (201,250)
Payments of dividends and distributions (1,520,644) (1,450,637) (1,379,198)
Other financing activities, net (61,965) 52,073 (33,797)
Net cash provided by (used in) financing activities 963,474 2,969,149 (590,630)
Net increase (decrease) in cash, cash equivalents and restricted cash 1,483,143 (70,866) 49,877
Effect of exchange rate changes on cash, cash equivalents and restricted cash 2,631 70,077 (22,044)
Cash, cash equivalents and restricted cash at beginning of period 150,696 151,485 123,652
Cash, cash equivalents and restricted cash at end of period 1,636,470 150,696 151,485
Digital Realty Trust, L.P.      
Cash flows from operating activities:      
Net income 950,312 380,325 1,747,412
Adjustments to reconcile net income to net cash provided by operating activities:      
Gain on disposition of properties, net (900,531) (176,754) (1,380,795)
Provision for impairment 118,363 3,000 18,291
Equity in loss (earnings) of unconsolidated entities 29,791 13,497 (62,283)
Distributions from unconsolidated entities 73,518 42,376 66,232
Depreciation and amortization 1,694,859 1,577,933 1,486,632
Amortization of share-based compensation 80,532 92,461 84,083
Loss from early extinguishment of debt   51,135 18,672
Straight-lined rents and amortization of above and below market leases (50,931) (64,954) (30,793)
Amortization of deferred financing costs and debt discount / premium 26,834 18,848 18,694
Other operating activities, net (8,216) (45,141) 81,038
Changes in assets and liabilities:      
Increase in accounts receivable and other assets (155,317) (272,452) (389,116)
(Decrease) increase in accounts payable and other liabilities (224,434) 42,114 62,452
Net cash provided by operating activities 1,634,780 1,659,388 1,702,228
Cash flows from investing activities:      
Improvements to investments in real estate (3,525,598) (2,643,097) (2,520,772)
Cash paid for business combination / asset acquisitions, net of cash acquired (52,297) (1,930,178) (192,015)
Investments in and advances to unconsolidated joint venture (336,456) (299,427) (59,450)
Return of investment from unconsolidated joint ventures 241,984 3,332 62,115
Proceeds from sale of assets 2,619,778 271,567 1,691,072
Other investing activities, net (62,522) (101,600) (42,671)
Net cash used in investing activities (1,115,111) (4,699,403) (1,061,721)
Cash flows from financing activities:      
Proceeds from credit facilities 2,870,841 5,510,267 2,521,497
Payments on credit facilities (3,293,644) (3,820,086) (2,611,051)
Borrowings on secured / unsecured debt 869,132 2,791,027 1,824,389
Repayments on secured / unsecured debt (111,979) (1,036,577) (990,968)
Premium paid for early extinguishment of debt   (49,662) (16,482)
Capital contributions from noncontrolling interests, net 4,474 44,312 124,134
General partner contributions 2,207,259 928,432 172,096
General partner distributions     (201,250)
Payments of dividends and distributions (1,520,644) (1,450,637) (1,379,198)
Other financing activities, net (61,965) 52,073 (33,797)
Net cash provided by (used in) financing activities 963,474 2,969,149 (590,630)
Net increase (decrease) in cash, cash equivalents and restricted cash 1,483,143 (70,866) 49,877
Effect of exchange rate changes on cash, cash equivalents and restricted cash 2,631 70,077 (22,044)
Cash, cash equivalents and restricted cash at beginning of period 150,696 151,485 123,652
Cash, cash equivalents and restricted cash at end of period $ 1,636,470 $ 150,696 $ 151,485