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Fair Value Of Instruments (Tables)
6 Months Ended
Jun. 30, 2014
Estimated Fair Value And Carrying Amounts

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of June 30, 2014

 

As of December 31, 2013

 

Categorization under the fair value hierarchy

 

Estimated Fair Value

 

Carrying Value

 

Estimated Fair Value

 

Carrying Value

Global revolving credit facility (1)

Level 2

 

$                  374,641

 

$          374,641

 

$                  724,668

 

$          724,668

Unsecured term loan (2)

Level 2

 

1,034,830 

 

1,034,830 

 

1,020,984 

 

1,020,984 

Unsecured senior notes (3)(4)

Level 2

 

2,996,208 

 

2,897,068 

 

2,379,999 

 

2,364,232 

Exchangeable senior debentures (3)

Level 2

 

 -

 

 -

 

336,847 

 

266,400 

Mortgage loans (3)

Level 2

 

585,296 

 

552,696 

 

622,580 

 

585,608 

 

 

 

$               4,990,975

 

$       4,859,235

 

$               5,085,078

 

$       4,961,892

 

 

 

 

 

 

 

 

 

 

 

(1)

The carrying value of our global revolving credit facility approximates estimated fair value, due to the variability of interest rates and the stability of our credit ratings.

(2)

The carrying value of our unsecured term loan approximates estimated fair value, due to the variability of interest rates and the stability of our credit ratings.

(3)

Valuations for our unsecured senior notes and mortgage loans are determined based on the expected future payments discounted at risk-adjusted rates. The 2015 Notes, 2020 Notes, 2021 Notes, 2022 Notes, 2023 Notes and 2025 Notes and 2029 Debentures are valued based on quoted market prices.

(4)

The carrying value of the 2015 Notes, 2020 Notes, 2021 Notes, 2022 Notes, 2023 Notes and 2025 Notes are net of discount of $17,352 and $15,048 in the aggregate as of June 30, 2014 and December 31, 2013, respectively.

 

Digital Realty Trust, L.P. [Member]
 
Estimated Fair Value And Carrying Amounts

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of June 30, 2014

 

As of December 31, 2013

 

Categorization under the fair value hierarchy

 

Estimated Fair Value

 

Carrying Value

 

Estimated Fair Value

 

Carrying Value

Global revolving credit facility (1)

Level 2

 

$                  374,641

 

$          374,641

 

$                  724,668

 

$          724,668

Unsecured term loan (2)

Level 2

 

1,034,830 

 

1,034,830 

 

1,020,984 

 

1,020,984 

Unsecured senior notes (3)(4)

Level 2

 

2,996,208 

 

2,897,068 

 

2,379,999 

 

2,364,232 

Exchangeable senior debentures (3)

Level 2

 

 -

 

 -

 

336,847 

 

266,400 

Mortgage loans (3)

Level 2

 

585,296 

 

552,696 

 

622,580 

 

585,608 

 

 

 

$               4,990,975

 

$       4,859,235

 

$               5,085,078

 

$       4,961,892

 

 

 

 

 

 

 

 

 

 

 

(1)

The carrying value of our global revolving credit facility approximates estimated fair value, due to the variability of interest rates and the stability of our credit ratings.

(2)

The carrying value of our unsecured term loan approximates estimated fair value, due to the variability of interest rates and the stability of our credit ratings.

(3)

Valuations for our unsecured senior notes and mortgage loans are determined based on the expected future payments discounted at risk-adjusted rates. The 2015 Notes, 2020 Notes, 2021 Notes, 2022 Notes, 2023 Notes and 2025 Notes and 2029 Debentures are valued based on quoted market prices.

(4)

The carrying value of the 2015 Notes, 2020 Notes, 2021 Notes, 2022 Notes, 2023 Notes and 2025 Notes are net of discount of $17,352 and $15,048 in the aggregate as of June 30, 2014 and December 31, 2013, respectively.