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Acquisitions (Tables)
6 Months Ended
Jun. 30, 2018
Business Combinations [Abstract]  
Business Acquisition, Pro Forma Information
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2017
 
2018
 
2017
 
2018
Total Revenues
$
983,723

 
$
1,060,823

 
$
1,957,480

 
$
2,106,752

Income from Continuing Operations
$
76,085

 
$
94,242

 
$
93,516

 
$
149,423

Per Share Income from Continuing Operations - Basic
$
0.26

 
$
0.33

 
$
0.32

 
$
0.52

Per Share Income from Continuing Operations - Diluted
$
0.26

 
$
0.33

 
$
0.32

 
$
0.52

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
A summary of the cumulative consideration paid and the preliminary allocation of the purchase price paid for all of our 2018 acquisitions through June 30, 2018 is as follows:
 
 
IODC Transaction
 
Other Fiscal Year 2018 Acquisitions (excluding IODC)
 
Total
Cash Paid (gross of cash acquired)(1)
 
$
1,347,046

 
$
347,357

 
$
1,694,403

Purchase Price Holdbacks and Other
 

 
26,089

 
26,089

Total Consideration
 
1,347,046

 
373,446

 
1,720,492

Fair Value of Identifiable Assets Acquired:
 
 
 
 
 
 
Cash
 
34,227

 
484

 
34,711

Accounts Receivable and Prepaid Expenses
 
7,070

 
3,354

 
10,424

Property, Plant and Equipment(2)
 
863,027

 
195,470

 
1,058,497

Customer Relationship Intangible Assets
 

 
7,254

 
7,254

Data Center In-Place Leases
 
104,340

 
32,091

 
136,431

Data Center Tenant Relationships
 
77,362

 
18,410

 
95,772

Data Center Above-Market Leases
 
16,439

 
2,381

 
18,820

Other Assets
 

 
273

 
273

Debt Assumed
 

 
(19,941
)
 
(19,941
)
Accounts Payable, Accrued Expenses and Other
Liabilities
 
(23,198
)
 
(2,197
)
 
(25,395
)
Deferred Income Taxes
 

 
(31,761
)
 
(31,761
)
Data Center Below-Market Leases
 
(11,421
)
 
(694
)
 
(12,115
)
Other Liabilities
 

 
(1,176
)
 
(1,176
)
Total Fair Value of Identifiable Net Assets Acquired
 
1,067,846

 
203,948

 
1,271,794

Goodwill Initially Recorded(3)
 
$
279,200

 
$
169,498

 
$
448,698

_______________________________________________________________________________

(1)
Included in cash paid for acquisitions in the Condensed Consolidated Statement of Cash Flows for the six months ended June 30, 2018 is net cash acquired of $34,711 and contingent and other payments, net of $7,177 related to acquisitions made in previous years. The cash paid for the Accrued Purchase Price for the Santa Fe China Transaction is included in cash flows from financing activities (as a component of repayment of revolving credit, term loan and bridge facilities and other debt) in the Condensed Consolidated Statement of Cash Flows for the six months ended June 30, 2018.

(2)
Consists primarily of building, building improvements, leasehold improvements, data center infrastructure, racking structures and warehouse equipment. These assets are depreciated using the straight-line method with the useful lives as noted in Note 2.g. to Notes to Consolidated Financial Statements included in our Annual Report.

(3) The goodwill associated with acquisitions is primarily attributable to the assembled workforce, expanded market opportunities and costs and other operating synergies anticipated upon the integration of the operations of us and the acquired businesses.