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Earnings per Common Share or Unit (Tables)
6 Months Ended
Jun. 30, 2022
Earnings per Common Share or Unit  
Summary of Basic and Diluted Earnings Per Share and Unit

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

​

Digital Realty Trust, Inc. Earnings per Common Share

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended June 30, 

​

Six Months Ended June 30, 

​

    

2022

    

2021

    

2022

    

2021

Net income available to common stockholders

​

$

53,246

​

$

127,369

​

$

116,346

​

$

499,775

Weighted average shares outstanding—basic

​

 

284,694

​

 

281,792

​

 

284,610

​

 

281,445

Potentially dilutive common shares:

​

 

  

​

 

​

​

 

  

​

 

​

Unvested incentive units

​

 

178

​

 

177

​

 

183

​

 

168

Unvested restricted stock

​

​

49

​

​

165

​

​

62

​

​

143

Market performance-based awards

​

 

189

​

 

300

​

 

125

​

 

320

Weighted average shares outstanding—diluted

​

 

285,110

​

 

282,434

​

 

284,980

​

 

282,076

Income per share:

​

 

  

​

 

  

​

 

  

​

 

  

Basic

​

$

0.19

​

$

0.45

​

$

0.41

​

$

1.78

Diluted

​

$

0.19

​

$

0.45

​

$

0.41

​

$

1.77

​

​

​

Digital Realty Trust, L.P. Earnings per Unit

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended June 30, 

​

Six Months Ended June 30, 

​

    

2022

    

2021

    

2022

    

2021

Net income available to common unitholders

​

$

54,746

​

$

130,569

​

$

119,446

​

$

512,775

Weighted average units outstanding—basic

​

 

290,528

​

 

288,843

​

 

290,346

​

 

288,588

Potentially dilutive common units:

​

 

  

​

 

  

​

 

  

​

 

  

Unvested incentive units

​

 

178

​

 

177

​

 

183

​

 

168

Unvested restricted units

​

​

49

​

​

165

​

​

62

​

​

143

Market performance-based awards

​

 

189

​

 

300

​

 

125

​

 

320

Weighted average units outstanding—diluted

​

 

290,944

​

 

289,485

​

 

290,716

​

 

289,219

Income per unit:

​

 

  

​

 

  

​

 

  

​

 

  

Basic

​

$

0.19

​

$

0.45

​

$

0.41

​

$

1.78

Diluted

​

$

0.19

​

$

0.45

​

$

0.41

​

$

1.77

Schedule of Antidilutive Securities Excluded from Calculations

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended June 30, 

​

Six Months Ended June 30, 

​

    

2022

    

2021

    

2022

    

2021

Shares subject to Forward Equity Offering

​

6,250

​

—

​

6,250

​

—

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

 

5,834

 

7,051

 

5,735

 

7,143

Potentially dilutive Series C Cumulative Redeemable Perpetual Preferred Stock

 

—

 

689

 

—

 

1,082

Potentially dilutive Series J Cumulative Redeemable Preferred Stock

 

1,536

 

1,317

 

1,494

 

1,390

Potentially dilutive Series K Cumulative Redeemable Preferred Stock

​

1,615

​

1,385

​

1,571

​

1,461

Potentially dilutive Series L Cumulative Redeemable Preferred Stock

​

2,649

​

2,272

​

2,577

​

2,397

Total

 

17,884

 

12,714

 

17,627

 

13,473