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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net income $ 402,639 $ 930,421
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on disposition of properties, net (450,940) (900,634)
Provision for impairment 168,303 113,000
Equity in loss (earnings) of unconsolidated entities 83,937 (163)
Distributions from unconsolidated entities 67,325 51,068
Depreciation and amortization 1,316,442 1,274,384
Amortization of share-based compensation 60,675 54,785
Loss on debt extinguishment and modifications 3,706  
Straight-lined rents and amortization of above and below market leases (19,950) (18,597)
Amortization of deferred financing costs and debt discount / premium 24,373 19,705
Other operating activities, net 349 (20,345)
Changes in assets and liabilities:    
Increase in accounts receivable and other assets (228,896) (343,767)
Increase in accounts payable and other liabilities 64,039 12,618
Net cash provided by operating activities 1,492,002 1,172,475
Cash flows from investing activities:    
Improvements to investments in real estate (2,096,330) (2,466,462)
Cash paid for business combination / asset acquisitions, net of cash acquired (317,297) (45,856)
Investments in and advances to unconsolidated entities (234,362) (12,421)
Return of investment from unconsolidated entities 99,864  
Proceeds from sale of assets 1,246,351 2,470,684
Other investing activities, net (92,393) (44,651)
Net cash used in investing activities (1,394,167) (98,706)
Cash flows from financing activities:    
Proceeds from credit facilities 1,162,180 2,256,973
Payments on credit facilities (1,192,606) (2,700,310)
Borrowings on secured / unsecured debt 1,027,507 827,759
Repayments on secured / unsecured debt (1,616,353) (3,081)
Capital (distribution to) contributions from noncontrolling interests, net (21,289) 4,570
Proceeds from issuance of common stock, net 2,730,178 1,077,538
Payments of dividends and distributions (1,623,062) (1,510,463)
Other financing activities, net 55,379 (61,261)
Net cash provided by (used in) financing activities 521,934 (108,275)
Net increase in cash, cash equivalents and restricted cash 619,769 965,494
Effect of exchange rate changes on cash, cash equivalents and restricted cash (74,131) (43,745)
Cash, cash equivalents and restricted cash at beginning of period 1,636,470 150,696
Cash, cash equivalents and restricted cash at end of period 2,182,108 1,072,445
Digital Realty Trust, L.P.    
Cash flows from operating activities:    
Net income 402,639 930,421
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on disposition of properties, net (450,940) (900,634)
Provision for impairment 168,303 113,000
Equity in loss (earnings) of unconsolidated entities 83,937 (163)
Distributions from unconsolidated entities 67,325 51,068
Depreciation and amortization 1,316,442 1,274,384
Amortization of share-based compensation 60,675 54,785
Loss on debt extinguishment and modifications 3,706  
Straight-lined rents and amortization of above and below market leases (19,950) (18,597)
Amortization of deferred financing costs and debt discount / premium 24,373 19,705
Other operating activities, net 349 (20,345)
Changes in assets and liabilities:    
Increase in accounts receivable and other assets (228,896) (343,767)
Increase in accounts payable and other liabilities 64,039 12,618
Net cash provided by operating activities 1,492,002 1,172,475
Cash flows from investing activities:    
Improvements to investments in real estate (2,096,330) (2,466,462)
Cash paid for business combination / asset acquisitions, net of cash acquired (317,297) (45,856)
Investments in and advances to unconsolidated entities (234,362) (12,421)
Return of investment from unconsolidated entities 99,864  
Proceeds from sale of assets 1,246,351 2,470,684
Other investing activities, net (92,393) (44,651)
Net cash used in investing activities (1,394,167) (98,706)
Cash flows from financing activities:    
Proceeds from credit facilities 1,162,180 2,256,973
Payments on credit facilities (1,192,606) (2,700,310)
Borrowings on secured / unsecured debt 1,027,507 827,759
Repayments on secured / unsecured debt (1,616,353) (3,081)
Capital (distribution to) contributions from noncontrolling interests, net (21,289) 4,570
General partner contributions 2,730,178 1,077,538
Payments of dividends and distributions (1,623,062) (1,510,463)
Other financing activities, net 55,379 (61,261)
Net cash provided by (used in) financing activities 521,934 (108,275)
Net increase in cash, cash equivalents and restricted cash 619,769 965,494
Effect of exchange rate changes on cash, cash equivalents and restricted cash (74,131) (43,745)
Cash, cash equivalents and restricted cash at beginning of period 1,636,470 150,696
Cash, cash equivalents and restricted cash at end of period $ 2,182,108 $ 1,072,445