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Real Estate Assets and Construction in Progress (Tables)
6 Months Ended
Jun. 30, 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 June 30, 2016 and December 31, 2015 (in thousands):



As of June 30, 2016 (unaudited):







 

 

 

 

 

 

 

 

 

 

 

 

Property Location

 

 

Land

 

 

Buildings, Improvements and Equipment

 

 

Construction in Progress

 

 

Total Cost



 

 

 

 

 

 

 

 

 

 

 

 

Owned Properties

 

 

 

 

 

 

 

 

 

 

 

 

     Suwanee, Georgia (Atlanta-Suwanee)

 

$

3,521 

 

$

153,392 

 

$

16,040 

 

$

172,953 

     Atlanta, Georgia (Atlanta-Metro)

 

 

15,397 

 

 

430,815 

 

 

26,206 

 

 

472,418 

     Santa Clara, California*

 

 

-  

 

 

96,268 

 

 

2,769 

 

 

99,037 

     Richmond, Virginia

 

 

2,180 

 

 

236,512 

 

 

65,013 

 

 

303,705 

     Sacramento, California

 

 

1,481 

 

 

61,718 

 

 

92 

 

 

63,291 

     Princeton, New Jersey

 

 

20,700 

 

 

32,752 

 

 

483 

 

 

53,935 

     Dallas-Fort Worth, Texas

 

 

8,606 

 

 

151,385 

 

 

74,646 

 

 

234,637 

     Chicago, Illinois

 

 

-  

 

 

141 

 

 

108,172 

 

 

108,313 

     Miami, Florida

 

 

1,777 

 

 

30,851 

 

 

276 

 

 

32,904 

     Lenexa, Kansas

 

 

437 

 

 

3,511 

 

 

22 

 

 

3,970 

     Duluth, Georgia Office Building

 

 

1,899 

 

 

1,896 

 

 

427 

 

 

4,222 

     Piscataway, New Jersey

 

 

7,440 

 

 

78,370 

 

 

14,022 

 

 

99,832 



 

 

63,438 

 

 

1,277,611 

 

 

308,168 

 

 

1,649,217 



 

 

 

 

 

 

 

 

 

 

 

 

Leased Properties

 

 

 

 

 

 

 

 

 

 

 

 

     Leased facilities acquired in 2015 ***

 

 

1,130 

 

 

92,645 

 

 

6,585 

 

 

100,360 

     Jersey City, New Jersey

 

 

-  

 

 

22,738 

 

 

2,021 

 

 

24,759 

     Overland Park, Kansas

 

 

-  

 

 

926 

**

 

23 

 

 

949 



 

 

1,130 

 

 

116,309 

 

 

8,629 

 

 

126,068 



 

$

64,568 

 

$

1,393,920 

 

$

316,797 

 

$

1,775,285 

 

*     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