XML 39 R23.htm IDEA: XBRL DOCUMENT v3.5.0.2
Real Estate Assets and Construction in Progress (Tables)
9 Months Ended
Sep. 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 September 30, 2016 and December 31, 2015 (in thousands):

 

As of September 30, 2016 (unaudited):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property Location

    

Land

    

Buildings,
Improvements
and Equipment

    

Construction
in Progress

    

Total Cost

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owned Properties

 

 

 

 

 

 

 

 

 

 

 

 

 

Suwanee, Georgia (Atlanta-Suwanee)

 

$

3,521

 

$

155,443

 

$

16,130

 

$

175,094

 

Atlanta, Georgia (Atlanta-Metro)

 

 

15,397

 

 

432,302

 

 

30,338

 

 

478,037

 

Santa Clara, California*

 

 

 —

 

 

97,170

 

 

5,731

 

 

102,901

 

Richmond, Virginia

 

 

2,180

 

 

236,610

 

 

68,270

 

 

307,060

 

Sacramento, California

 

 

1,481

 

 

61,905

 

 

222

 

 

63,608

 

Princeton, New Jersey

 

 

20,700

 

 

32,776

 

 

500

 

 

53,976

 

Dallas-Fort Worth, Texas

 

 

8,606

 

 

152,575

 

 

99,637

 

 

260,818

 

Chicago, Illinois

 

 

9,400

 

 

45,393

 

 

74,277

 

 

129,070

 

Miami, Florida

 

 

1,777

 

 

31,089

 

 

74

 

 

32,940

 

Lenexa, Kansas

 

 

437

 

 

3,733

 

 

0

 

 

4,170

 

Duluth, Georgia Office Building

 

 

1,899

 

 

1,896

 

 

1,611

 

 

5,406

 

Piscataway, New Jersey

 

 

7,440

 

 

81,638

 

 

14,726

 

 

103,804

 

 

 

 

72,838

 

 

1,332,530

 

 

311,516

 

 

1,716,884

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Leased Properties

 

 

 

 

 

 

 

 

 

 

 

 

 

Leased facilities acquired in 2015 ***

 

 

1,130

 

 

93,034

 

 

6,894

 

 

101,058

 

Jersey City, New Jersey

 

 

 —

 

 

22,853

 

 

2,232

 

 

25,085

 

Overland Park, Kansas

 

 

 —

 

 

959

**

 

8

 

 

967

 

 

 

 

1,130

 

 

116,846

 

 

9,134

 

 

127,110

 

 

 

$

73,968

 

$

1,449,376

 

$

320,650

 

$

1,843,994

 


*     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 12 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

**

 

4

 

 

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.