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CONDENSED CONSOLIDATED FINANCIAL STATEMENTS STATEMENTS OF CASH FLOW (UNAUDITED)
$ in Thousands
12 Months Ended
Dec. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Cash flow from operating activities:      
Net income $ 24,685 $ 24,129 $ 19,103
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 121,464 83,488 55,327
Amortization of deferred loan costs 3,285 3,181 2,673
Amortization of senior notes discount 261 247 98
Equity-based compensation expense 10,584 6,964 4,153
Bad debt expense 1,752 1,323 600
Write off of deferred loan costs 224 468 870
Deferred tax benefit (10,171) (10,065)  
Loss on sale of property   164  
Non-cash integration costs 1,927 3,117  
Changes in operating assets and liabilities      
Rents and other receivables, net (17,101) (1,138) (1,745)
Prepaid expenses 158 (2,182) (1,266)
Other assets (561) (5,016) (73)
Accounts payable and accrued liabilities 6,290 8,938 (8,663)
Advance rents, security deposits and other liabilities 5,959 (763) 41
Deferred income 5,038 (3,597) 2,639
Net cash provided by operating activities 153,794 109,258 73,757
Cash flow from investing activities:      
Proceeds from sale of property   648  
Acquisitions, net of cash acquired (173,067) (292,685) (91,064)
Additions to property and equipment (279,905) (320,058) (201,145)
Net cash used in investing activities (452,972) (612,095) (292,209)
Cash flow from financing activities:      
Credit facility proceeds 574,000 671,162 270,500
Senior Notes proceeds     297,633
Debt repayment (459,002) (386,998) (290,000)
Payment of deferred financing costs (4,177) (3,649) (9,864)
Payment of cash dividends (62,585) (45,892) (32,198)
Distribution to noncontrolling interests (9,619) (8,865) (9,049)
Payments to net settle equity awards 1,726    
Principal payments on capital lease obligations (12,600) (7,677) (753)
Mortgage principal debt repayments   (86,600) (2,239)
Equity proceeds, net of costs 275,663 369,372  
Net cash provided by financing activities 299,954 500,853 224,030
Net (decrease) increase in cash and cash equivalents 776 (1,984) 5,578
Cash and cash equivalents, beginning of period 8,804 10,788 5,210
Cash and cash equivalents, end of period 9,580 8,804 10,788
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION      
Cash paid for interest (excluding deferred financing costs and amounts capitalized) 19,897 18,027 4,950
Noncash investing and financing activities:      
Accrued capital additions 40,431 52,552 39,129
Accrued deferred financing costs 39 1 2,858
Accrued equity issuance costs   57  
Capital lease and lease financing obligations assumed   43,832  
Acquisitions, net of cash acquired:      
Land 7,602 3,030 17,976
Buildings, improvements and equipment 80,975 80,818 35,865
Construction in process 62,884 12,127 17,764
Rents and other receivables, net (2,042) 13,704  
Acquired intangibles 34,521 93,400 16,114
Deferred costs 4,414   3,345
Prepaid expenses 574 1,653  
Goodwill (7,895) 174,697  
Other assets 309 633  
Capital lease and lease financing obligations   (43,832)  
Accounts payable and accrued liabilities (922) (8,586)  
Advance rents, security deposits and other liabilities (1,343) (2,468)  
Deferred income 35 (10,818)  
Deferred income taxes (6,045) (21,673)  
Total acquisitions, net of cash acquired 173,067 292,685 91,064
Qualitytech, LP [Member]      
Cash flow from operating activities:      
Net income 24,685 24,129 19,103
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 121,464 83,488 55,327
Amortization of deferred loan costs 3,285 3,181 2,673
Amortization of senior notes discount 261 247 98
Equity-based compensation expense 10,584 6,964 4,153
Bad debt expense 1,752 1,323 600
Write off of deferred loan costs 224 468 870
Deferred tax benefit (10,171) (10,065)  
Loss on sale of property   164  
Non-cash integration costs 1,927 3,117  
Changes in operating assets and liabilities      
Rents and other receivables, net (17,101) (1,138) (1,745)
Prepaid expenses 158 (2,182) (1,266)
Other assets (561) (5,016) (73)
Accounts payable and accrued liabilities 6,290 8,938 (8,663)
Advance rents, security deposits and other liabilities 5,959 (763) 41
Deferred income 5,038 (3,597) 2,639
Net cash provided by operating activities 153,794 109,258 73,757
Cash flow from investing activities:      
Proceeds from sale of property   648  
Acquisitions, net of cash acquired (173,067) (292,685) (91,064)
Additions to property and equipment (279,905) (320,058) (201,145)
Net cash used in investing activities (452,972) (612,095) (292,209)
Cash flow from financing activities:      
Credit facility proceeds 574,000 671,162 270,500
Senior Notes proceeds     297,633
Debt repayment (459,002) (386,998) (290,000)
Payment of deferred financing costs (4,177) (3,649) (9,864)
Payment of cash dividends (62,585) (45,892) (32,198)
Partnership distributions (9,619) (8,865) (9,049)
Payments to net settle equity awards 1,726    
Principal payments on capital lease obligations (12,600) (7,677) (753)
Mortgage principal debt repayments   (86,600) (2,239)
Equity proceeds, net of costs 275,663 369,372  
Net cash provided by financing activities 299,954 500,853 224,030
Net (decrease) increase in cash and cash equivalents 776 (1,984) 5,578
Cash and cash equivalents, beginning of period 8,804 10,788 5,210
Cash and cash equivalents, end of period 9,580 8,804 10,788
Acquisitions, net of cash acquired:      
Total acquisitions, net of cash acquired $ 173,067 $ 292,685 $ 91,064