XML 18 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Income producing property:    
Land $ 103,304 $ 105,890
Buildings and improvements 3,019,725 3,018,361
Income producing property 3,123,029 3,124,251
Less: accumulated depreciation (689,099) (662,183)
Net income producing property 2,433,930 2,462,068
Construction in progress and property held for development 493,442 [1] 330,983
Net real estate 2,927,372 2,793,051
Cash and cash equivalents 44,980 38,624
Rents and other receivables, net 9,504 11,533
Deferred rent, net 121,340 123,058
Deferred costs, net 24,560 25,776
Prepaid expenses and other assets 50,256 46,422
Total assets 3,178,012 3,038,464
Liabilities:    
Line of credit 197,819 50,926
Mortgage notes payable, net of deferred financing costs 109,592 110,733
Unsecured term loan, net of deferred financing costs 249,089 249,036
Unsecured notes payable, net of discount and deferred financing costs 837,895 837,323
Accounts payable and accrued liabilities 29,647 36,909
Construction costs payable 75,884 56,428
Accrued interest payable 6,273 11,592
Dividend and distribution payable 46,426 46,352
Prepaid rents and other liabilities 72,449 81,062
Total liabilities 1,625,074 1,480,361
Redeemable noncontrolling interests - operating partnership 579,329 591,101
Redeemable partnership units 579,329 591,101
Commitments and contingencies 0 0
Stockholders’ equity:    
Common stock, $.001 par value, 250,000,000 shares authorized, 77,836,170 shares issued and outstanding at March 31, 2017 and 75,914,763 shares issued and outstanding at December 31, 2016 78 76
Additional paid in capital 773,321 766,732
Retained earnings 0 0
Accumulated other comprehensive loss (1,040) (1,056)
Total stockholders’ equity 973,609 967,002
Total liabilities and stockholders’ equity 3,178,012 3,038,464
DuPont Fabros Technology, L.P. [Member]    
Income producing property:    
Land 103,304 105,890
Buildings and improvements 3,019,725 3,018,361
Income producing property 3,123,029 3,124,251
Less: accumulated depreciation (689,099) (662,183)
Net income producing property 2,433,930 2,462,068
Construction in progress and property held for development 493,442 330,983
Net real estate 2,927,372 2,793,051
Cash and cash equivalents 40,765 34,409
Rents and other receivables, net 9,504 11,533
Deferred rent, net 121,340 123,058
Deferred costs, net 24,560 25,776
Prepaid expenses and other assets 50,256 46,422
Total assets 3,173,797 3,034,249
Liabilities:    
Line of credit 197,819 50,926
Mortgage notes payable, net of deferred financing costs 109,592 110,733
Unsecured term loan, net of deferred financing costs 249,089 249,036
Unsecured notes payable, net of discount and deferred financing costs 837,895 837,323
Accounts payable and accrued liabilities 29,647 36,909
Construction costs payable 75,884 56,428
Accrued interest payable 6,273 11,592
Dividend and distribution payable 46,426 46,352
Prepaid rents and other liabilities 72,449 81,062
Total liabilities 1,625,074 1,480,361
Redeemable noncontrolling interests - operating partnership 579,329 591,101
Redeemable partnership units 579,329 591,101
Commitments and contingencies 0 0
Stockholders’ equity:    
Total liabilities and stockholders’ equity 3,173,797 3,034,249
Limited partners’ capital:    
General partner’s capital, common units, 662,373 issued and outstanding at March 31, 2017 and December 31, 2016 6,537 6,645
Total partners’ capital 969,394 962,787
Series C cumulative redeemable perpetual preferred units [Member] | DuPont Fabros Technology, L.P. [Member]    
Limited partners’ capital:    
Limited partners' capital 201,250 201,250
Limited partners' common units [Member] | DuPont Fabros Technology, L.P. [Member]    
Limited partners’ capital:    
Limited partners' capital 761,607 754,892
Series C cumulative redeemable perpetual preferred stock [Member]    
Stockholders’ equity:    
Preferred stock, $.001 par value, 50,000,000 shares authorized 201,250 201,250
Series C cumulative redeemable perpetual preferred stock [Member] | DuPont Fabros Technology, L.P. [Member]    
Limited partners’ capital:    
Limited partners' capital $ 201,250 $ 201,250
[1] (1)Properties located in Ashburn, VA (ACC8, ACC9, ACC10, and ACC11), Elk Grove Village, IL (CH3), Santa Clara, CA (SC1 Phase III), Hillsboro, OR (OR1 and OR2) and Vaughan, ON (TOR1).