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CONDENSED CONSOLIDATED FINANCIAL STATEMENTS BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Real Estate Assets    
Land $ 57,128 $ 57,112
Buildings, improvements and equipment 1,241,885 1,180,386
Less: Accumulated depreciation (255,344) (239,936)
Total real estate assets 1,043,669 997,562
Construction in progress 340,511 345,655
Real Estate Assets, net 1,384,180 1,343,217
Cash and cash equivalents 9,744 8,804
Rents and other receivables, net 30,880 28,233
Acquired intangibles, net 125,733 115,702
Deferred costs, net 31,367 30,042
Prepaid expenses 10,644 6,502
Goodwill 171,679 181,738
Other assets, net 35,181 33,101
TOTAL ASSETS 1,799,408 1,747,339
LIABILITIES    
Unsecured credit facility, net 607,105 520,956
Senior notes, net of discount and debt issuance costs 291,186 290,852
Capital lease and lease financing obligations 46,666 49,761
Accounts payable and accrued liabilities 69,064 95,924
Dividends and distributions payable 17,358 15,378
Advance rents, security deposits and other liabilities 20,061 18,798
Deferred income taxes 21,049 18,813
Deferred income 16,435 16,991
TOTAL LIABILITIES 1,088,924 1,027,473
EQUITY    
Common stock, $0.01 par value, 450,133,000 shares authorized, 41,434,961 and 41,225,784 shares issued and outstanding as of March 31, 2016 and December 31, 2015, respectively 414 412
Additional paid-in capital 671,650 670,275
Accumulated dividends in excess of earnings (61,754) (52,732)
Total stockholders' equity 610,310 617,955
Noncontrolling interests 100,174 101,911
TOTAL EQUITY 710,484 719,866
TOTAL LIABILITIES AND EQUITY 1,799,408 1,747,339
Qualitytech, LP [Member]    
Real Estate Assets    
Land 57,128 57,112
Buildings, improvements and equipment 1,241,885 1,180,386
Less: Accumulated depreciation (255,344) (239,936)
Total real estate assets 1,043,669 997,562
Construction in progress 340,511 345,655
Real Estate Assets, net 1,384,180 1,343,217
Cash and cash equivalents 9,744 8,804
Rents and other receivables, net 30,880 28,233
Acquired intangibles, net 125,733 115,702
Deferred costs, net 31,367 30,042
Prepaid expenses 10,644 6,502
Goodwill 171,679 181,738
Other assets, net 35,181 33,101
TOTAL ASSETS 1,799,408 1,747,339
LIABILITIES    
Unsecured credit facility, net 607,105 520,956
Senior notes, net of discount and debt issuance costs 291,186 290,852
Capital lease and lease financing obligations 46,666 49,761
Accounts payable and accrued liabilities 69,064 95,924
Dividends and distributions payable 17,358 15,378
Advance rents, security deposits and other liabilities 20,061 18,798
Deferred income taxes 21,049 18,813
Deferred income 16,435 16,991
TOTAL LIABILITIES 1,088,924 1,027,473
EQUITY    
Partners' capital 710,484 719,866
TOTAL LIABILITIES AND EQUITY $ 1,799,408 $ 1,747,339