Real Estate Assets and Construction in Progress

9 Months Ended

Sep. 30, 2014

Real Estate Assets and Construction in Progress [Abstract]

Real Estate Assets and Construction in Progress

4. Real Estate Assets and Construction in Progress

The following is a summary of properties owned or leased by the Company as of September 30, 2014 and December 31, 2013 (in thousands):

As of September 30, 2014: 

Property Location		Land		Buildings and Improvements		Construction in Progress		Total Cost
Owned Properties
Suwanee, Georgia (Atlanta-Suwanee)	$	3,521	$	134,931		3,799	$	142,251
Atlanta, Georgia (Atlanta-Metro)		15,397		350,728		13,770		379,895
Santa Clara, California*		-		88,891		662		89,553
Richmond, Virginia		2,180		126,659		62,301		191,140
Sacramento, California		1,481		57,892		1,362		60,735
Princeton, New Jersey		17,975		36,346		43		54,364
Dallas-Fort Worth, Texas		5,808		42,121		69,909		117,838
Chicago, Illinois		-		-		18,605		18,605
Miami, Florida		1,777		27,818		5		29,600
Lenexa, Kansas		437		24		3,108		3,569
Wichita, Kansas		-		1,409		-		1,409
		48,576		866,819		173,564		1,088,959
Leased Properties
Jersey City, New Jersey		-		26,406		885		27,291
Overland Park, Kansas		-		789		21		810
		-		27,195		906		28,101
	$	48,576	$	894,014	$	174,470	$	1,117,060

*Owned facility subject to long-term ground sublease.

As of December 31, 2013:

Property Location		Land		Buildings and Improvements		Construction in Progress		Total Cost
Owned Properties
Suwanee, Georgia (Atlanta-Suwanee)	$	3,521	$	126,486		3,270	$	133,277
Atlanta, Georgia (Atlanta-Metro)		15,397		296,547		32,456		344,400
Santa Clara, California*		-		86,544		1,249		87,793
Richmond, Virginia		2,180		108,979		67,155		178,314
Sacramento, California		1,481		52,841		4,273		58,595
Dallas-Fort Worth, Texas		5,808		-		38,501		44,309
Miami, Florida		1,777		27,553		-		29,330
Lenexa, Kansas		437		3,298		-		3,735
Wichita, Kansas		-		1,409		-		1,409
		30,601		703,657		146,904		881,162
Leased Properties
Jersey City, New Jersey		-		23,811		-		23,811
Overland Park, Kansas		-		762				762
		-		24,573		-		24,573
	$	30,601	$	728,230	$	146,904	$	905,735

*
Owned facility subject to long-term ground sublease.