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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES  
Net income (loss)$ (11,241)$ (5,070)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:  
Depreciation and amortization53,22411,848
Amortization of above/below market leases(1,139)(584)
Amortization of deferred financing costs1,185352
Gain on early extinguishment of debt(939) 
Amortization of share-based compensation2,265 
Amortization of discount to fair market value of acquired loan687 
Bad debt expense(36)(82)
Changes in operating assets and liabilities:  
Restricted cash(595)610
Accounts receivable(1,678)4,076
Due to and due from related parties2660
Deferred rent receivable(3,680)(1,766)
Deferred leasing costs(4,581)(4,545)
Other assets(2,000)(1,226)
Accounts payable and accrued expenses10,516(1,959)
Prepaid rent and other liabilities2,62986
Deferred rent payable1,007176
Net cash provided by operating activities45,6262,576
CASH FLOWS FROM INVESTING ACTIVITIES  
Real estate improvements(94,644)(46,183)
Assumption of cash balances in connection with the contribution of the CoreSite Acquired Properties 10,269
Changes in reserves for capital improvements4,9642,085
Net cash used in investing activities(89,680)(33,829)
CASH FLOWS FROM FINANCING ACTIVITIES  
Issuance of common stock 310,960
Offering costs(17)(25,019)
Redemption of operating partnership units (125,513)
Proceeds from mortgage loans payable 70,300
Repayments of mortgage loans payable(14,113)(152,600)
Payments of loan fees and costs(14)(3,698)
Contributions 33,399
Dividends and distributions(17,844)(2,000)
Net cash provided by (used in) financing activities(31,988)105,829
Net change in cash and cash equivalents(76,042)74,576
Cash and cash equivalents, beginning of period86,2467,466
Cash and cash equivalents, end of period10,20482,042
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION  
Cash paid for interest2,9692,136
NON-CASH INVESTING AND FINANCING ACTIVITY  
Construction costs payable capitalized to real estate8,8721,516
Accrual of dividends and distributions5,996 
Contribution of the CoreSite Acquired Properties for Operating Partnership units $ 316,836