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Real Estate Assets and Construction in Progress (Tables)
3 Months Ended
Mar. 31, 2017
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 March 31, 2017 and December 31, 2016 (in thousands):

 

As of March 31, 2017 (unaudited):

 

 

 

 

 

 

 

 

 

 

 

 

 

Property Location

    

Land

    

Buildings,
Improvements
and Equipment

    

Construction
in Progress

    

Total Cost

 

 

 

 

 

 

 

 

 

 

 

 

 

Atlanta, Georgia (Atlanta-Metro)

 

$

15,397

 

$

435,409

 

$

35,317

 

$

486,123

Richmond, Virginia

 

 

2,180

 

 

237,765

 

 

72,447

 

 

312,392

Irving, Texas

 

 

8,606

 

 

217,178

 

 

70,435

 

 

296,219

Suwanee, Georgia (Atlanta-Suwanee)

 

 

3,521

 

 

172,416

 

 

2,169

 

 

178,106

Chicago, Illinois

 

 

9,400

 

 

79,910

 

 

87,245

 

 

176,555

Leased Facilities *

 

 

1,130

 

 

121,333

 

 

7,928

 

 

130,391

Piscataway, New Jersey

 

 

7,466

 

 

82,424

 

 

25,381

 

 

115,271

Santa Clara, California **

 

 

 —

 

 

99,582

 

 

6,988

 

 

106,570

Sacramento, California

 

 

1,481

 

 

62,147

 

 

1,430

 

 

65,058

Princeton, New Jersey

 

 

20,700

 

 

32,765

 

 

526

 

 

53,991

Fort Worth, Texas

 

 

136

 

 

713

 

 

50,840

 

 

51,689

Other ***

 

 

4,113

 

 

43,541

 

 

315

 

 

47,969

 

 

$

74,130

 

$

1,585,183

 

$

361,021

 

$

2,020,334


*         Includes 13 facilities.  All facilities are leased, including those subject to capital leases. During the quarter ended March 31, 2017, the Company moved its Jersey City, NJ facility to the “Leased facilities” line item.

**       Owned facility subject to long-term ground sublease.

***     Consists of Miami, FL; Lenexa, KS; Overland Park, KS; and Duluth, GA facilities.

 

As of December 31, 2016:

 

 

 

 

 

 

 

 

 

 

 

 

 

Property Location

    

Land

    

Buildings,
Improvements
and Equipment

    

Construction
in Progress

    

Total Cost

 

 

 

 

 

 

 

 

 

 

 

 

 

Atlanta, Georgia (Atlanta-Metro)

 

$

15,397

 

$

434,965

 

$

32,422

 

$

482,784

Richmond, Virginia

 

 

2,180

 

 

237,347

 

 

70,580

 

 

310,107

Irving, Texas

 

 

8,606

 

 

204,713

 

 

69,653

 

 

282,972

Suwanee, Georgia (Atlanta-Suwanee)

 

 

3,521

 

 

171,376

 

 

2,013

 

 

176,910

Chicago, Illinois

 

 

9,400

 

 

45,848

 

 

100,623

 

 

155,871

Leased Facilities *

 

 

1,130

 

 

116,290

 

 

10,003

 

 

127,423

Piscataway, New Jersey

 

 

7,466

 

 

82,210

 

 

17,261

 

 

106,937

Santa Clara, California **

 

 

 —

 

 

98,708

 

 

7,078

 

 

105,786

Sacramento, California

 

 

1,481

 

 

62,102

 

 

390

 

 

63,973

Princeton, New Jersey

 

 

20,700

 

 

32,788

 

 

538

 

 

54,026

Fort Worth, Texas

 

 

136

 

 

610

 

 

49,116

 

 

49,862

Other ***

 

 

4,113

 

 

37,810

 

 

6,283

 

 

48,206

 

 

$

74,130

 

$

1,524,767

 

$

365,960

 

$

1,964,857


*         Includes 13 facilities.  All facilities are leased, including those subject to capital leases. During the quarter ended March 31, 2017, the Company moved its Jersey City, NJ facility to the “Leased facilities” line item, therefore has conformed December 31, 2016 information to comparable categories.

**       Owned facility subject to long-term ground sublease.

***     Consists of Miami, FL; Lenexa, KS; Overland Park, KS; and Duluth, GA facilities