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INTERIM CONSOLIDATED FINANCIAL STATEMENTS BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Real Estate Assets    
Land $ 86,192 $ 74,130
Buildings, improvements and equipment 1,668,503 1,524,767
Less: Accumulated depreciation (378,883) (317,834)
Total real estate assets 1,375,812 1,281,063
Construction in progress 429,390 365,960
Real Estate Assets, net 1,805,202 1,647,023
Cash and cash equivalents 9,271 9,580
Rents and other receivables, net 47,307 41,540
Acquired intangibles, net 114,286 129,754
Deferred costs, net 38,172 38,507
Prepaid expenses 7,209 6,918
Goodwill 173,843 173,843
Other assets, net 63,156 39,305
TOTAL ASSETS 2,258,446 2,086,470
LIABILITIES    
Unsecured credit facility, net 775,398 634,939
Senior notes, net of discount and debt issuance costs 293,192 292,179
Capital lease, lease financing obligations and mortgage notes payable 30,725 38,708
Accounts payable and accrued liabilities 67,232 86,129
Dividends and distributions payable 22,230 19,634
Advance rents, security deposits and other liabilities 29,210 24,893
Deferred income taxes 9,814 15,185
Deferred income 22,540 21,993
TOTAL LIABILITIES 1,250,341 1,133,660
EQUITY    
Common stock, $0.01 par value, 450,133,000 shares authorized, 50,424,244 and 47,831,250 shares issued and outstanding as of September 30, 2017 and December 31, 2016, respectively 504 478
Additional paid-in capital 1,032,912 931,783
Accumulated other comprehensive loss (1,565)  
Accumulated dividends in excess of earnings (139,740) (97,793)
Total stockholders' equity 892,111 834,468
Noncontrolling interests 115,994 118,342
TOTAL EQUITY 1,008,105 952,810
TOTAL LIABILITIES AND EQUITY 2,258,446 2,086,470
Qualitytech, LP    
Real Estate Assets    
Land 86,192 74,130
Buildings, improvements and equipment 1,668,503 1,524,767
Less: Accumulated depreciation (378,883) (317,834)
Total real estate assets 1,375,812 1,281,063
Construction in progress 429,390 365,960
Real Estate Assets, net 1,805,202 1,647,023
Cash and cash equivalents 9,271 9,580
Rents and other receivables, net 47,307 41,540
Acquired intangibles, net 114,286 129,754
Deferred costs, net 38,172 38,507
Prepaid expenses 7,209 6,918
Goodwill 173,843 173,843
Other assets, net 63,156 39,305
TOTAL ASSETS 2,258,446 2,086,470
LIABILITIES    
Unsecured credit facility, net 775,398 634,939
Senior notes, net of discount and debt issuance costs 293,192 292,179
Capital lease, lease financing obligations and mortgage notes payable 30,725 38,708
Accounts payable and accrued liabilities 67,232 86,129
Dividends and distributions payable 22,230 19,634
Advance rents, security deposits and other liabilities 29,210 24,893
Deferred income taxes 9,814 15,185
Deferred income 22,540 21,993
TOTAL LIABILITIES 1,250,341 1,133,660
EQUITY    
Accumulated other comprehensive loss (1,785)  
TOTAL PARTNERS' CAPITAL 1,008,105 952,810
TOTAL LIABILITIES AND EQUITY 2,258,446 2,086,470
Limited Partner | Qualitytech, LP    
EQUITY    
TOTAL PARTNERS' CAPITAL $ 1,009,890 $ 952,810