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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net income $ 76,910 $ 394,676
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on disposition of properties, net (2,770) (333,921)
Equity in (earnings) loss of unconsolidated entities (60,958) 23,031
Distributions from unconsolidated entities 14,419 15,567
Depreciation and amortization 382,132 369,733
Amortization of share-based compensation 18,545 27,654
Loss from early extinguishment of debt 51,135 18,347
Straight-lined rents and amortization of above and below market leases 4,456 (8,539)
Amortization of deferred financing costs and debt discount / premium 4,972 4,672
Other items, net 8,995 1,945
Changes in assets and liabilities:    
Increase in accounts receivable and other assets (168,789) (108,993)
Decrease in accounts payable and other liabilities (51,362) (76,297)
Net cash provided by operating activities 277,685 327,875
Cash flows from investing activities:    
Improvements to investments in real estate (518,734) (508,523)
Cash paid for assets acquired (20,133) (27,623)
Proceeds from unconsolidated entities, net   40,796
(Investment in) unconsolidated entities, net (150,196)  
Proceeds from sale of real estate   685,484
Other investing activities, net (30,029) (4,676)
Net cash (used in) provided by investing activities (719,092) 185,458
Cash flows from financing activities:    
Net proceeds from (payments on) credit facilities 551,022 (69,438)
Borrowings on secured / unsecured debt 1,125,318 1,215,890
Repayments on secured / unsecured debt (450,000) (886,959)
Premium paid for early extinguishment of debt (49,662) (16,482)
Capital contributions from noncontrolling interests, net 18,926 29,530
Payments of dividends and distributions (704,911) (673,747)
Other financing activities, net (12,397) (15,459)
Net cash (used in) provided by financing activities 478,296 (416,665)
Net increase (decrease) in cash, cash equivalents and restricted cash 36,889 96,668
Effect of exchange rate changes on cash, cash equivalents and restricted cash (20,035) 10,392
Cash, cash equivalents and restricted cash at beginning of period 151,485 123,652
Cash, cash equivalents and restricted cash at end of period 168,339 230,712
Digital Realty Trust, L.P.    
Cash flows from operating activities:    
Net income 76,910 394,676
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on disposition of properties, net (2,770) (333,921)
Equity in (earnings) loss of unconsolidated entities (60,958) 23,031
Distributions from unconsolidated entities 14,419 15,567
Depreciation and amortization 382,132 369,733
Amortization of share-based compensation 18,545 27,654
Loss from early extinguishment of debt 51,135 18,347
Amortization of acquired above-market leases and acquired below-market leases, net 4,456 (8,539)
Amortization of deferred financing costs and debt discount / premium 4,972 4,672
Other items, net 8,995 1,945
Changes in assets and liabilities:    
Increase in accounts receivable and other assets (168,789) (108,993)
Decrease in accounts payable and other liabilities (51,362) (76,297)
Net cash provided by operating activities 277,685 327,875
Cash flows from investing activities:    
Improvements to investments in real estate (518,734) (508,523)
Cash paid for assets acquired (20,133) (27,623)
Proceeds from unconsolidated entities, net   40,796
(Investment in) unconsolidated entities, net (150,196)  
Proceeds from sale of real estate   685,484
Other investing activities, net (30,029) (4,676)
Net cash (used in) provided by investing activities (719,092) 185,458
Cash flows from financing activities:    
Net proceeds from (payments on) credit facilities 551,022 (69,438)
Borrowings on secured / unsecured debt 1,125,318 1,215,890
Repayments on secured / unsecured debt (450,000) (886,959)
Premium paid for early extinguishment of debt (49,662) (16,482)
Capital contributions from noncontrolling interests, net 18,926 29,530
Payments of dividends and distributions (704,911) (673,747)
Other financing activities, net (12,397) (15,459)
Net cash (used in) provided by financing activities 478,296 (416,665)
Net increase (decrease) in cash, cash equivalents and restricted cash 36,889 96,668
Effect of exchange rate changes on cash, cash equivalents and restricted cash (20,035) 10,392
Cash, cash equivalents and restricted cash at beginning of period 151,485 123,652
Cash, cash equivalents and restricted cash at end of period $ 168,339 $ 230,712