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CONDENSED CONSOLIDATED FINANCIAL STATEMENTS BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Real Estate Assets    
Land $ 74,130 $ 57,112
Buildings and improvements 1,524,767 1,180,386
Less: Accumulated depreciation (317,834) (239,936)
Total real estate assets 1,281,063 997,562
Construction in progress 365,960 345,655
Real Estate Assets, net 1,647,023 1,343,217
Cash and cash equivalents 9,580 8,804
Rents and other receivables, net 41,540 28,233
Acquired intangibles, net 129,754 115,702
Deferred costs, net 38,507 30,042
Prepaid expenses 6,918 6,502
Goodwill 173,843 181,738
Other assets, net 39,305 33,101
TOTAL ASSETS 2,086,470 1,747,339
LIABILITIES    
Unsecured credit facility, net 634,939 520,956
Senior notes, net of discount and debt issuance costs 292,179 290,852
Capital lease and lease financing obligations 38,708 49,761
Accounts payable and accrued liabilities 86,129 95,924
Dividends and distributions payable 19,634 15,378
Advance rents, security deposits and other liabilities 24,893 18,798
Deferred income taxes 15,185 18,813
Deferred income 21,993 16,991
TOTAL LIABILITIES 1,133,660 1,027,473
EQUITY    
Common stock, $0.01 par value, 450,133,000 shares authorized, 47,831,250 and 41,225,784 shares issued and outstanding as of December 31, 2016 and 2015, respectively 478 412
Additional paid-in capital 931,783 670,275
Accumulated dividends in excess of earnings (97,793) (52,732)
Total stockholders' equity 834,468 617,955
Noncontrolling interests 118,342 101,911
TOTAL EQUITY 952,810 719,866
TOTAL LIABILITIES AND EQUITY 2,086,470 1,747,339
Qualitytech, LP [Member]    
Real Estate Assets    
Land 74,130 57,112
Buildings and improvements 1,524,767 1,180,386
Less: Accumulated depreciation (317,834) (239,936)
Total real estate assets 1,281,063 997,562
Construction in progress 365,960 345,655
Real Estate Assets, net 1,647,023 1,343,217
Cash and cash equivalents 9,580 8,804
Rents and other receivables, net 41,540 28,233
Acquired intangibles, net 129,754 115,702
Deferred costs, net 38,507 30,042
Prepaid expenses 6,918 6,502
Goodwill 173,843 181,738
Other assets, net 39,305 33,101
TOTAL ASSETS 2,086,470 1,747,339
LIABILITIES    
Unsecured credit facility, net 634,939 520,956
Senior notes, net of discount and debt issuance costs 292,179 290,852
Capital lease and lease financing obligations 38,708 49,761
Accounts payable and accrued liabilities 86,129 95,924
Dividends and distributions payable 19,634 15,378
Advance rents, security deposits and other liabilities 24,893 18,798
Deferred income taxes 15,185 18,813
Deferred income 21,993 16,991
TOTAL LIABILITIES 1,133,660 1,027,473
EQUITY    
Partners' capital 952,810 719,866
TOTAL LIABILITIES AND EQUITY $ 2,086,470 $ 1,747,339