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Real Estate Assets and Construction in Progress (Tables)
3 Months Ended
Mar. 31, 2016
Real Estate Assets and Construction in Progress [Abstract]  
Summary of Properties Owned or Leased by the Company

The following is a summary of properties owned or leased by the Company as of March 31, 2016 and December 31, 2015 (in thousands):



As of March 31, 2016 (unaudited):







 

 

 

 

 

 

 

 

 

 

 

 

Property Location

 

 

Land

 

 

Buildings, Improvements and Equipment

 

 

Construction in Progress

 

 

Total Cost



 

 

 

 

 

 

 

 

 

 

 

 

Owned Properties

 

 

 

 

 

 

 

 

 

 

 

 

     Suwanee, Georgia (Atlanta-Suwanee)

 

$

3,521 

 

$

152,083 

 

$

15,344 

 

$

170,948 

     Atlanta, Georgia (Atlanta-Metro)

 

 

15,397 

 

 

418,313 

 

 

35,201 

 

 

468,911 

     Santa Clara, California*

 

 

 -

 

 

95,395 

 

 

1,403 

 

 

96,798 

     Richmond, Virginia

 

 

2,180 

 

 

211,109 

 

 

86,935 

 

 

300,224 

     Sacramento, California

 

 

1,481 

 

 

61,574 

 

 

37 

 

 

63,092 

     Princeton, New Jersey

 

 

20,700 

 

 

32,734 

 

 

450 

 

 

53,884 

     Dallas-Fort Worth, Texas

 

 

8,606 

 

 

117,415 

 

 

94,475 

 

 

220,496 

     Chicago, Illinois

 

 

 -

 

 

 -

 

 

96,956 

 

 

96,956 

     Miami, Florida

 

 

1,777 

 

 

30,656 

 

 

263 

 

 

32,696 

     Lenexa, Kansas

 

 

437 

 

 

3,511 

 

 

 -

 

 

3,948 

     Duluth, Georgia Office Building

 

 

1,899 

 

 

1,896 

 

 

41 

 

 

3,836 



 

 

55,998 

 

 

1,124,686 

 

 

331,105 

 

 

1,511,789 



 

 

 

 

 

 

 

 

 

 

 

 

Leased Properties

 

 

 

 

 

 

 

 

 

 

 

 

     Leased facilities acquired in 2015 ***

 

 

1,130 

 

 

91,378 

 

 

7,305 

 

 

99,813 

     Jersey City, New Jersey

 

 

 -

 

 

24,899 

 

 

2,078 

 

 

26,977 

     Overland Park, Kansas

 

 

 -

 

 

922 

**

 

23 

 

 

945 



 

 

1,130 

 

 

117,199 

 

 

9,406 

 

 

127,735 



 

$

57,128 

 

$

1,241,885 

 

$

340,511 

 

$

1,639,524 

 

*     Owned facility subject to long-term ground sublease.
**   This does not include the portion of the business that is used for QTS office space or other real estate not used by customers.
*** Includes 13 facilities. All facilities are leased, including those subject to capital leases.



As of December 31, 2015:





 

 

 

 

 

 

 

 

 

 

 

 

Property Location

 

 

Land

 

 

Buildings, Improvements and Equipment

 

 

Construction in Progress

 

 

Total Cost



 

 

 

 

 

 

 

 

 

 

 

 

Owned Properties

 

 

 

 

 

 

 

 

 

 

 

 

     Suwanee, Georgia (Atlanta-Suwanee)

 

$

3,521 

 

$

150,028 

 

$

15,330 

 

$

168,879 

     Atlanta, Georgia (Atlanta-Metro)

 

 

15,397 

 

 

406,190 

 

 

41,835 

 

 

463,422 

     Santa Clara, California*

 

 

 -

 

 

94,437 

 

 

1,379 

 

 

95,816 

     Richmond, Virginia

 

 

2,180 

 

 

208,654 

 

 

85,771 

 

 

296,605 

     Sacramento, California

 

 

1,481 

 

 

61,462 

 

 

73 

 

 

63,016 

     Princeton, New Jersey

 

 

20,700 

 

 

32,708 

 

 

422 

 

 

53,830 

     Dallas-Fort Worth, Texas

 

 

8,590 

 

 

71,783 

 

 

120,331 

 

 

200,704 

     Chicago, Illinois

 

 

 -

 

 

 -

 

 

70,749 

 

 

70,749 

     Miami, Florida

 

 

1,777 

 

 

30,554 

 

 

144 

 

 

32,475 

     Lenexa, Kansas

 

 

437 

 

 

3,511 

 

 

 -

 

 

3,948 

     Duluth, Georgia Office Building

 

 

1,899 

 

 

1,920 

 

 

 -

 

 

3,819 



 

 

55,982 

 

 

1,061,247 

 

 

336,034 

 

 

1,453,263 



 

 

 

 

 

 

 

 

 

 

 

 

Leased Properties

 

 

 

 

 

 

 

 

 

 

 

 

     Leased facilities acquired in 2015 ***

 

 

1,130 

 

 

89,989 

 

 

7,196 

 

 

98,315 

     Jersey City, New Jersey

 

 

 -

 

 

28,228 

 

 

2,421 

 

 

30,649 

     Overland Park, Kansas

 

 

 -

 

 

922 

**

 

 

 

926 



 

 

1,130 

 

 

119,139 

 

 

9,621 

 

 

129,890 



 

$

57,112 

 

$

1,180,386 

 

$

345,655 

 

$

1,583,153 

_____________________________

*     Owned facility subject to long-term ground sublease.
**   This does not include the portion of the business that is used for QTS office space or other real estate not used by customers.
*** Includes 13 facilities. All facilities are leased, including those subject to capital leases