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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net income $ 110,095 $ 84,563
Adjustments to reconcile net income to net cash provided by operating activities:    
(Gain) loss on sale of properties (39,273) 522
Equity in earnings of unconsolidated joint ventures (7,410) (5,324)
Distributions from unconsolidated joint ventures 5,270 4,448
Write-off of net assets due to early lease terminations 431 0
Depreciation and amortization of buildings and improvements, tenant improvements and acquired ground leases 186,431 131,807
Amortization of acquired in-place lease value and deferred leasing costs 108,358 44,659
Amortization of share-based compensation 5,872 4,064
Non-cash amortization of terminated swaps 301 301
Recovery of doubtful accounts (494) (1,310)
Amortization of deferred financing costs 3,060 2,443
Amortization of debt discount/premium 851 674
Amortization of acquired above-market leases and acquired below-market leases, net 6,660 (2,026)
Changes in assets and liabilities:    
Accounts and other receivables (30,250) 9,455
Deferred rent (10,454) (4,033)
Deferred leasing costs (4,613) (1,898)
Other assets (1,750) (13,040)
Accounts payable and other accrued liabilities (83,206) (38,421)
Security deposits and prepaid rents (12,889) 2,182
Net cash provided by operating activities 236,990 219,066
Cash flows from investing activities:    
Acquisitions of real estate 0 (13,585)
Proceeds from sale of properties, net of sales costs 137,175 0
Excess proceeds from forward contracts 0 51,308
Investments in unconsolidated joint ventures (81) (5,749)
Prepaid construction costs and other investments (26,602) 0
Improvements to investments in real estate (289,840) (254,359)
Improvement advances to tenants (11,627) (5,073)
Collection of improvement advances to tenants 13,691 11,890
Net cash used in investing activities (177,284) (215,568)
Cash flows from financing activities:    
Borrowings on global revolving credit facility 579,685 715,524
Repayments on global revolving credit facility (183,467) (358,219)
Repayments on unsecured notes 0 (50,000)
Principal payments on mortgage loans (192) (132)
Payment of loan fees and costs (294) (144)
Capital distributions paid to noncontrolling interests in consolidated joint ventures, net 62 (146)
Taxes paid related to net settlement of stock-based compensation awards (4,718) 0
Proceeds from common and preferred stock offerings, net (12) 118
Proceeds from equity plans 2,509 2,606
Payment of dividends/distributions to preferred stockholders/unitholders (20,329) (17,393)
Payment of dividends/distributions to common stockholders/unitholders and distributions to noncontrolling interests in operating partnership (416,458) (295,105)
Net cash used in financing activities (43,214) (2,891)
Net increase in cash, cash equivalents and restricted cash 16,492 607
Effect of exchange rate changes on cash, cash equivalents and restricted cash 27 2,754
Cash, cash equivalents and restricted cash at beginning of period 13,181 22,036
Cash, cash equivalents and restricted cash at end of period 29,700 25,397
Supplemental disclosure of cash flow information:    
Cash paid for interest, net of amounts capitalized 78,728 53,819
Cash paid for income taxes 4,272 3,569
Supplementary disclosure of noncash investing and financing activities:    
Change in net assets related to foreign currency translation adjustments (3,743) 16,578
Increase (decrease) in accounts payable and other accrued liabilities related to change in fair value of interest rate swaps and foreign currency hedges 8,616 (4,364)
Acquisition measurement period adjustment to goodwill and accounts payable and other accrued liabilities 0 2,162
Noncontrolling interests in operating partnership converted to shares of common stock 15,201 2,744
Accrual for additions to investments in real estate and tenant improvement advances included in accounts payable and accrued expenses 177,812 138,162
Addition to leasehold improvements pursuant to capital lease obligation 73,873 0
Digital Realty Trust, L.P.    
Cash flows from operating activities:    
Net income 110,095 84,563
Adjustments to reconcile net income to net cash provided by operating activities:    
(Gain) loss on sale of properties (39,273) 522
Equity in earnings of unconsolidated joint ventures (7,410) (5,324)
Distributions from unconsolidated joint ventures 5,270 4,448
Write-off of net assets due to early lease terminations 431 0
Depreciation and amortization of buildings and improvements, tenant improvements and acquired ground leases 186,431 131,807
Amortization of acquired in-place lease value and deferred leasing costs 108,358 44,659
Amortization of share-based compensation 5,872 4,064
Non-cash amortization of terminated swaps 301 301
Recovery of doubtful accounts (494) (1,310)
Amortization of deferred financing costs 3,060 2,443
Amortization of debt discount/premium 851 674
Amortization of acquired above-market leases and acquired below-market leases, net 6,660 (2,026)
Changes in assets and liabilities:    
Accounts and other receivables (30,250) 9,455
Deferred rent (10,454) (4,033)
Deferred leasing costs (4,613) (1,898)
Other assets (1,750) (13,040)
Accounts payable and other accrued liabilities (83,206) (38,421)
Security deposits and prepaid rents (12,889) 2,182
Net cash provided by operating activities 236,990 219,066
Cash flows from investing activities:    
Acquisitions of real estate 0 (13,585)
Proceeds from sale of properties, net of sales costs 137,175 0
Excess proceeds from forward contracts 0 51,308
Investments in unconsolidated joint ventures (81) (5,749)
Prepaid construction costs and other investments (26,602) 0
Improvements to investments in real estate (289,840) (254,359)
Improvement advances to tenants (11,627) (5,073)
Collection of improvement advances to tenants 13,691 11,890
Net cash used in investing activities (177,284) (215,568)
Cash flows from financing activities:    
Borrowings on global revolving credit facility 579,685 715,524
Repayments on global revolving credit facility (183,467) (358,219)
Repayments on unsecured notes 0 (50,000)
Borrowings on mortgage loans (192) (132)
Payment of loan fees and costs (294) (144)
Capital distributions paid to noncontrolling interests in consolidated joint ventures, net 62 (146)
Taxes paid related to net settlement of stock-based compensation awards (4,718) 0
General partner contributions, net 2,497 2,724
Payment of dividends/distributions to preferred stockholders/unitholders (20,329) (17,393)
Payment of dividends/distributions to common stockholders/unitholders and distributions to noncontrolling interests in operating partnership (416,458) (295,105)
Net cash used in financing activities (43,214) (2,891)
Net increase in cash, cash equivalents and restricted cash 16,492 607
Effect of exchange rate changes on cash, cash equivalents and restricted cash 27 2,754
Cash, cash equivalents and restricted cash at beginning of period 13,181 22,036
Cash, cash equivalents and restricted cash at end of period 29,700 25,397
Supplemental disclosure of cash flow information:    
Cash paid for interest, net of amounts capitalized 78,728 53,819
Cash paid for income taxes 4,272 3,569
Supplementary disclosure of noncash investing and financing activities:    
Change in net assets related to foreign currency translation adjustments (3,743) 16,578
Increase (decrease) in accounts payable and other accrued liabilities related to change in fair value of interest rate swaps and foreign currency hedges 8,616 (4,364)
Acquisition measurement period adjustment to goodwill and accounts payable and other accrued liabilities 0 2,162
Accrual for additions to investments in real estate and tenant improvement advances included in accounts payable and accrued expenses 177,812 138,162
Addition to leasehold improvements pursuant to capital lease obligation 73,873 $ 0
Parent    
Cash flows from operating activities:    
Net income $ 106,627