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Income per Unit (Tables)
3 Months Ended
Mar. 31, 2020
Class of Stock [Line Items]  
Summary of Basic and Diluted Earnings 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 March 31, 

    

2020

    

2019

Net income available to common stockholders

$

202,859

$

95,869

Weighted average shares outstanding—basic

 

222,163,324

 

207,809,383

Potentially dilutive common shares:

 

  

 

  

Unvested incentive units

 

224,558

 

323,064

Unvested restricted stock

158,022

Forward equity offering

 

1,392,934

 

221,448

Market performance-based awards

 

535,457

 

172,354

Weighted average shares outstanding—diluted

 

224,474,295

 

208,526,249

Income per share:

 

  

 

  

Basic

$

0.91

$

0.46

Diluted

$

0.90

$

0.46

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

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

Three Months Ended March 31, 

    

2020

    

2019

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

 

8,279,335

 

9,229,911

Potentially dilutive Series C Cumulative Redeemable Perpetual Preferred Stock

 

1,596,099

 

1,738,781

Potentially dilutive Series G Cumulative Redeemable Preferred Stock

 

1,979,075

 

2,155,992

Potentially dilutive Series H Cumulative Redeemable Preferred Stock

 

 

3,159,382

Potentially dilutive Series I Cumulative Redeemable Preferred Stock

 

1,981,391

 

2,158,515

Potentially dilutive Series J Cumulative Redeemable Preferred Stock

 

1,580,822

 

1,722,138

Potentially dilutive Series K Cumulative Redeemable Preferred Stock

1,662,320

358,008

Potentially dilutive Series L Cumulative Redeemable Preferred Stock

2,723,082

Total

 

19,802,124

 

20,522,727

Digital Realty Trust, L.P.  
Class of Stock [Line Items]  
Summary of Basic and Diluted Earnings Per Share

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

Three Months Ended March 31, 

    

2020

    

2019

Net income available to common unitholders

$

210,659

$

100,169

Weighted average units outstanding—basic

 

230,442,659

 

217,039,295

Potentially dilutive common units:

 

  

 

  

Unvested incentive units

 

224,558

 

323,064

Unvested restricted units

158,022

Forward equity offering

 

1,392,934

 

221,448

Market performance-based awards

 

535,457

 

172,354

Weighted average units outstanding—diluted

 

232,753,630

 

217,756,161

Income per unit:

 

  

 

  

Basic

$

0.91

$

0.46

Diluted

$

0.90

$

0.46

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

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

Three Months Ended March 31, 

    

2020

    

2019

Potentially dilutive Series C Cumulative Redeemable Perpetual Preferred Units

 

1,596,099

 

1,738,781

Potentially dilutive Series G Cumulative Redeemable Preferred Units

 

1,979,075

 

2,155,992

Potentially dilutive Series H Cumulative Redeemable Preferred Units

 

 

3,159,382

Potentially dilutive Series I Cumulative Redeemable Preferred Units

 

1,981,391

 

2,158,515

Potentially dilutive Series J Cumulative Redeemable Preferred Units

 

1,580,822

 

1,722,138

Potentially dilutive Series K Cumulative Redeemable Preferred Units

1,662,320

358,008

Potentially dilutive Series L Cumulative Redeemable Preferred Units

2,723,082

Total

 

11,522,789

 

11,292,816