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INTERIM CONSOLIDATED FINANCIAL STATEMENTS BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Real Estate Assets    
Land $ 74,130 $ 74,130
Buildings, improvements and equipment 1,585,183 1,524,767
Less: Accumulated depreciation (340,830) (317,834)
Total real estate assets 1,318,483 1,281,063
Construction in progress 361,021 365,960
Real Estate Assets, net 1,679,504 1,647,023
Cash and cash equivalents 18,257 9,580
Rents and other receivables, net 42,310 41,540
Acquired intangibles, net 124,507 129,754
Deferred costs, net 38,210 38,507
Prepaid expenses 10,172 6,918
Goodwill 173,843 173,843
Other assets, net 43,779 39,305
TOTAL ASSETS 2,130,582 2,086,470
LIABILITIES    
Unsecured credit facility, net 702,105 634,939
Senior notes, net of discount and debt issuance costs 292,518 292,179
Capital lease, lease financing obligations and mortgage notes payable 37,365 38,708
Accounts payable and accrued liabilities 72,821 86,129
Dividends and distributions payable 21,382 19,634
Advance rents, security deposits and other liabilities 28,721 24,893
Deferred Income Tax Liabilities 13,604 15,185
Deferred income 23,784 21,993
TOTAL LIABILITIES 1,192,300 1,133,660
EQUITY    
Common stock, $0.01 par value, 450,133,000 shares authorized, 48,058,024 and 47,831,250 shares issued and outstanding as of March 31, 2017 and December 31, 2016, respectively 481 478
Additional paid-in capital 933,399 931,783
Accumulated dividends in excess of earnings (111,653) (97,793)
Total stockholders' equity 822,227 834,468
Noncontrolling interests 116,055 118,342
TOTAL EQUITY 938,282 952,810
TOTAL LIABILITIES AND EQUITY 2,130,582 2,086,470
Qualitytech, LP [Member]    
Real Estate Assets    
Land 74,130 74,130
Buildings, improvements and equipment 1,585,183 1,524,767
Less: Accumulated depreciation (340,830) (317,834)
Total real estate assets 1,318,483 1,281,063
Construction in progress 361,021 365,960
Real Estate Assets, net 1,679,504 1,647,023
Cash and cash equivalents 18,257 9,580
Rents and other receivables, net 42,310 41,540
Acquired intangibles, net 124,507 129,754
Deferred costs, net 38,210 38,507
Prepaid expenses 10,172 6,918
Goodwill 173,843 173,843
Other assets, net 43,779 39,305
TOTAL ASSETS 2,130,582 2,086,470
LIABILITIES    
Unsecured credit facility, net 702,105 634,939
Senior notes, net of discount and debt issuance costs 292,518 292,179
Capital lease, lease financing obligations and mortgage notes payable 37,365 38,708
Accounts payable and accrued liabilities 72,821 86,129
Dividends and distributions payable 21,382 19,634
Advance rents, security deposits and other liabilities 28,721 24,893
Deferred Income Tax Liabilities 13,604 15,185
Deferred income 23,784 21,993
TOTAL LIABILITIES 1,192,300 1,133,660
EQUITY    
Partners' capital 938,282 952,810
TOTAL LIABILITIES AND EQUITY $ 2,130,582 $ 2,086,470