XML 33 R18.htm IDEA: XBRL DOCUMENT v3.20.2
Income per Share
6 Months Ended
Jun. 30, 2020
Income per Share  
Income per Share

10. Income per Share

The following is a summary of basic and diluted income per share (in thousands, except share and per share amounts):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended June 30, 

​

Six Months Ended June 30, 

​

​

    

2020

    

2019

    

2020

    

2019

    

Net income available to common stockholders

​

$

53,676

​

$

31,738

​

$

256,535

​

$

127,607

​

Weighted average shares outstanding—basic

​

 

267,569,823

​

 

208,284,407

​

 

244,866,574

​

 

208,048,207

​

Potentially dilutive common shares:

​

 

  

​

 

  

​

 

  

​

 

  

​

Unvested incentive units

​

 

110,178

​

 

152,240

​

 

81,319

​

 

135,016

​

Unvested restricted stock

​

​

312,634

​

​

—

​

​

261,758

​

​

—

​

Forward equity offering

​

 

2,246,171

​

 

825,098

​

 

1,845,832

​

 

537,980

​

Market performance-based awards

​

 

505,602

​

 

173,827

​

 

520,531

​

 

173,091

​

Weighted average shares outstanding—diluted

​

 

270,744,408

​

 

209,435,572

​

 

247,576,014

​

 

208,894,294

​

Income per share:

​

 

  

​

 

  

​

 

  

​

 

  

​

Basic

​

$

0.20

​

$

0.15

​

$

1.05

​

$

0.61

​

Diluted

​

$

0.20

​

$

0.15

​

$

1.04

​

$

0.61

​

​

We have excluded the following potentially dilutive securities in the calculations above as they would be antidilutive or not dilutive:

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended June 30, 

​

Six Months Ended June 30, 

​

​

    

2020

    

2019

    

2020

    

2019

    

Weighted average of Operating Partnership common units not owned by Digital Realty Trust, Inc.

 

7,974,701

 

9,061,745

 

8,128,459

 

9,145,364

 

Potentially dilutive Series C Cumulative Redeemable Perpetual Preferred Stock

 

1,441,895

 

1,682,746

 

1,518,997

 

1,710,764

 

Potentially dilutive Series G Cumulative Redeemable Preferred Stock

 

1,787,870

 

2,086,512

 

1,883,473

 

2,121,252

 

Potentially dilutive Series H Cumulative Redeemable Preferred Stock

 

—

 

—

 

—

 

1,579,691

 

Potentially dilutive Series I Cumulative Redeemable Preferred Stock

 

1,789,962

 

2,088,954

 

1,885,677

 

2,123,735

 

Potentially dilutive Series J Cumulative Redeemable Preferred Stock

 

1,428,093

 

1,666,639

 

1,504,458

 

1,694,389

 

Potentially dilutive Series K Cumulative Redeemable Preferred Stock

​

1,501,718

​

1,752,562

​

1,582,019

​

1,051,537

​

Potentially dilutive Series L Cumulative Redeemable Preferred Stock

​

2,463,157

​

—

​

2,593,120

​

—

​

Total

 

18,387,396

 

18,339,158

 

19,096,203

 

19,426,732

 

​