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CONDENSED CONSOLIDATED FINANCIAL STATEMENTS BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Real Estate Assets    
Land $ 73,968 $ 57,112
Buildings, improvements and equipment 1,449,376 1,180,386
Less: Accumulated depreciation (295,879) (239,936)
Total real estate assets 1,227,465 997,562
Construction in progress 320,650 345,655
Real Estate Assets, net 1,548,115 1,343,217
Cash and cash equivalents 11,769 8,804
Rents and other receivables, net 34,192 28,233
Acquired intangibles, net 135,306 115,702
Deferred costs, net 35,714 30,042
Prepaid expenses 9,835 6,502
Goodwill 173,843 181,738
Other assets, net 37,813 33,101
TOTAL ASSETS 1,986,587 1,747,339
LIABILITIES    
Unsecured credit facility, net 529,395 520,956
Senior notes, net of discount and debt issuance costs 291,842 290,852
Capital lease and lease financing obligations 41,825 49,761
Accounts payable and accrued liabilities 84,053 95,924
Dividends and distributions payable 19,653 15,378
Advance rents, security deposits and other liabilities 20,655 18,798
Deferred income taxes 16,018 18,813
Deferred income 18,403 16,991
TOTAL LIABILITIES 1,021,844 1,027,473
EQUITY    
Common stock, $0.01 par value, 450,133,000 shares authorized, 47,857,646 and 41,225,784 shares issued and outstanding as of September 30, 2016 and December 31, 2015, respectively 479 412
Additional paid-in capital 930,128 670,275
Accumulated dividends in excess of earnings (85,378) (52,732)
Total stockholders' equity 845,229 617,955
Noncontrolling interests 119,514 101,911
TOTAL EQUITY 964,743 719,866
TOTAL LIABILITIES AND EQUITY 1,986,587 1,747,339
Qualitytech, LP [Member]    
Real Estate Assets    
Land 73,968 57,112
Buildings, improvements and equipment 1,449,376 1,180,386
Less: Accumulated depreciation (295,879) (239,936)
Total real estate assets 1,227,465 997,562
Construction in progress 320,650 345,655
Real Estate Assets, net 1,548,115 1,343,217
Cash and cash equivalents 11,769 8,804
Rents and other receivables, net 34,192 28,233
Acquired intangibles, net 135,306 115,702
Deferred costs, net 35,714 30,042
Prepaid expenses 9,835 6,502
Goodwill 173,843 181,738
Other assets, net 37,813 33,101
TOTAL ASSETS 1,986,587 1,747,339
LIABILITIES    
Unsecured credit facility, net 529,395 520,956
Senior notes, net of discount and debt issuance costs 291,842 290,852
Capital lease and lease financing obligations 41,825 49,761
Accounts payable and accrued liabilities 84,053 95,924
Dividends and distributions payable 19,653 15,378
Advance rents, security deposits and other liabilities 20,655 18,798
Deferred income taxes 16,018 18,813
Deferred income 18,403 16,991
TOTAL LIABILITIES 1,021,844 1,027,473
EQUITY    
Partners' capital 964,743 719,866
TOTAL LIABILITIES AND EQUITY $ 1,986,587 $ 1,747,339