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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Investments in real estate:    
Investments in properties, net $ 25,648,865 $ 24,120,782
Investments in unconsolidated entities 3,622,677 2,639,800
Net investments in real estate 29,271,542 26,760,582
Operating lease right-of-use assets, net 1,180,657 1,178,853
Cash and cash equivalents 3,554,126 3,870,891
Accounts and other receivables, net 1,586,146 1,257,464
Deferred rent, net 681,375 642,456
Goodwill 9,636,513 8,929,431
Customer relationship value, deferred leasing costs and other intangibles, net 2,171,318 2,178,054
Assets held for sale and contribution 139,993  
Other assets 493,325 465,885
Total assets 48,714,995 45,283,616
LIABILITIES AND EQUITY    
Global revolving credit facilities, net 567,699 1,611,308
Unsecured term loans, net 440,788 386,903
Unsecured senior notes, net of discount 16,641,367 13,962,852
Secured and other debt, net of discount 802,294 753,314
Operating lease liabilities 1,298,085 1,294,219
Accounts payable and other accrued liabilities 2,310,882 2,056,215
Deferred tax liabilities 1,137,305 1,084,562
Accrued dividends and distributions   418,661
Security deposits and prepaid rents 653,640 539,802
Obligations associated with assets held for sale and contribution 1,089  
Total liabilities 23,853,149 22,107,836
Redeemable noncontrolling interests 1,505,889 1,433,185
Commitments and contingencies
Stockholders' Equity:    
Preferred Stock: $0.01 par value per share, 110,000 shares authorized; $755,000 liquidation preference ($25.00 per share), 30,200 shares issued and outstanding as of June 30, 2025 and December 31, 2024 731,690 731,690
Common Stock: $0.01 par value per share, 502,000 shares authorized; 340,372 and 336,637 issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 3,374 3,337
Partners' capital:    
Additional paid-in capital 28,720,826 28,079,738
Accumulated dividends in excess of earnings (5,997,607) (6,292,085)
Accumulated other comprehensive loss, net (543,756) (1,182,283)
Total stockholders' equity 22,914,527 21,340,397
Noncontrolling interests 441,430 402,198
Total equity 23,355,957 21,742,595
Total liabilities and equity 48,714,995 45,283,616
Digital Realty Trust, L.P.    
Investments in real estate:    
Investments in properties, net 25,648,865 24,120,782
Investments in unconsolidated entities 3,622,677 2,639,800
Net investments in real estate 29,271,542 26,760,582
Operating lease right-of-use assets, net 1,180,657 1,178,853
Cash and cash equivalents 3,554,126 3,870,891
Accounts and other receivables, net 1,586,146 1,257,464
Deferred rent, net 681,375 642,456
Goodwill 9,636,513 8,929,431
Customer relationship value, deferred leasing costs and other intangibles, net 2,171,318 2,178,054
Assets held for sale and contribution 139,993  
Other assets 493,325 465,885
Total assets 48,714,995 45,283,616
LIABILITIES AND EQUITY    
Global revolving credit facilities, net 567,699 1,611,308
Unsecured term loans, net 440,788 386,903
Unsecured senior notes, net of discount 16,641,367 13,962,852
Secured and other debt, net of discount 802,294 753,314
Operating lease liabilities 1,298,085 1,294,219
Accounts payable and other accrued liabilities 2,310,882 2,056,215
Deferred tax liabilities 1,137,305 1,084,562
Accrued dividends and distributions   418,661
Security deposits and prepaid rents 653,640 539,802
Obligations associated with assets held for sale and contribution 1,089  
Total liabilities 23,853,149 22,107,836
Redeemable noncontrolling interests 1,505,889 1,433,185
Commitments and contingencies
Partners' capital:    
Preferred units, $755,000 liquidation preference ($25.00 per unit), 30,200 units issued and outstanding as of March 31, 2025 and December 31, 2024 731,690 731,690
Common units, 336,743 and 336,637 issued and outstanding as of March 31, 2025 and December 31, 2024, respectively 22,726,593 21,790,990
Limited Partners, 6,349 and 6,135 units issued and outstanding as of March 31, 2025 and December 31, 2024, respectively 448,563 426,183
Accumulated other comprehensive loss, net (561,319) (1,212,367)
Total partners' capital 23,345,527 21,736,496
Noncontrolling interests in consolidated entities 10,430 6,099
Total capital 23,355,957 21,742,595
Total liabilities and equity $ 48,714,995 $ 45,283,616