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BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Real Estate Assets    
Land $ 57,112 $ 48,577
Buildings and improvements 1,180,386 914,286
Less: Accumulated depreciation (239,936) (180,167)
Total real estate assets 997,562 782,696
Construction in progress 345,655 214,719
Real Estate Assets, net 1,343,217 997,415
Cash and cash equivalents 8,804 10,788
Rents and other receivables, net 28,233 15,579
Acquired intangibles, net 115,702 18,000
Deferred costs, net 40,212 37,058
Prepaid expenses 6,502 3,079
Goodwill 181,738  
Other assets, net 33,101 24,640
TOTAL ASSETS 1,757,509 1,106,559
LIABILITIES    
Unsecured credit facility 524,002 239,838
Senior notes, net of discount 297,976 297,729
Mortgage notes payable   86,600
Capital lease and lease financing obligations 49,761 13,062
Accounts payable and accrued liabilities 95,924 64,607
Dividends and distributions payable 15,378 10,705
Advance rents, security deposits and other liabilities 18,798 3,302
Deferred income taxes 18,813  
Deferred income 16,991 10,531
TOTAL LIABILITIES 1,037,643 726,374
EQUITY    
Common stock, $0.01 par value, 450,133,000 shares authorized, 41,225,784 and 29,408,138 shares issued and outstanding as of December 31, 2015 and 2014, respectively 412 294
Additional paid-in capital 670,275 324,917
Accumulated dividends in excess of earnings (52,732) (22,503)
Total stockholders' equity 617,955 302,708
Noncontrolling interests 101,911 77,477
TOTAL EQUITY 719,866 380,185
TOTAL LIABILITIES AND EQUITY 1,757,509 1,106,559
Qualitytech, LP [Member]    
Real Estate Assets    
Land 57,112 48,577
Buildings and improvements 1,180,386 914,286
Less: Accumulated depreciation (239,936) (180,167)
Total real estate assets 997,562 782,696
Construction in progress 345,655 214,719
Real Estate Assets, net 1,343,217 997,415
Cash and cash equivalents 8,804 10,788
Rents and other receivables, net 28,233 15,579
Acquired intangibles, net 115,702 18,000
Deferred costs, net 40,212 37,058
Prepaid expenses 6,502 3,079
Goodwill 181,738  
Other assets, net 33,101 24,640
TOTAL ASSETS 1,757,509 1,106,559
LIABILITIES    
Unsecured credit facility 524,002 239,838
Senior notes, net of discount 297,976 297,729
Mortgage notes payable   86,600
Capital lease and lease financing obligations 49,761 13,062
Accounts payable and accrued liabilities 95,924 64,607
Dividends and distributions payable 15,378 10,705
Advance rents, security deposits and other liabilities 18,798 3,302
Deferred income taxes 18,813  
Deferred income 16,991 10,531
TOTAL LIABILITIES 1,037,643 726,374
EQUITY    
Partners' capital 719,866 380,185
TOTAL LIABILITIES AND EQUITY $ 1,757,509 $ 1,106,559