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Commitments and Contingencies
9 Months Ended
Sep. 30, 2018
Commitments and Contingencies.  
Commitments and Contingencies

14. Commitments and Contingencies

 

Our properties require periodic investments of capital for general capital improvements and for tenant-related capital expenditures. We enter into various construction and equipment contracts with third parties for the development of our properties. At September 30, 2018, we had open commitments related to construction contracts of approximately  $189.6 million.

 

Additionally, we have commitments related to telecommunications capacity used to connect data centers located within the same market or geographical area, power usage, and company-wide improvements that are ancillary to revenue generation. At September 30, 2018, we had open commitments related to these contracts of approximately  $76.9 million, of which $1.3 million is scheduled to be met during the remainder of the year ended December 31, 2018.

 

In the ordinary course of business, we are subject to claims and administrative proceedings. We are not presently party to any proceeding, which we believe to be material or which we would expect to have, individually or in the aggregate, a material adverse effect on our business, financial condition, cash flows or results of operations.