XML 25 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATED STATEMENT OF EQUITY - USD ($)
$ in Thousands
Qualitytech, LP
Accumulated Other Comprehensive Income (Loss)
Qualitytech, LP
General Partner
Qualitytech, LP
Limited Partner
Qualitytech, LP
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Dividends in Excess of Earnings
Total stockholders' Equity
Noncontrolling Interest
Total
Beginning balance at Dec. 31, 2014         $ 294 $ 324,917   $ (22,503) $ 302,708 $ 77,477 $ 380,185
Beginning balance at Dec. 31, 2014     $ 380,185                
Partners' Capital, Beginning Balance at Dec. 31, 2014       $ 380,185              
Beginning balance, shares at Dec. 31, 2014         29,408            
Beginning balance, shares at Dec. 31, 2014   1,000 36,935,000                
Issuance of shares through equity award plan     $ (644) (644) $ 3 (3)       (644) (644)
Issuance of shares through equity award plan, shares     338,000   338            
Reclassification of noncontrolling interest upon conversion of partnership units to common stock         $ 7 9,239     9,246 (9,246)  
Reclassification of noncontrolling interest upon conversion of partnership units to common stock, shares         730            
Equity-based compensation expense     $ 6,964 6,964   5,866     5,866 1,098 6,964
Net proceeds from equity offering     $ 368,664 368,664 $ 108 330,256     330,364 38,300 368,664
Shares issued     10,750,000   10,750            
Dividend to shareholders     $ (50,555) (50,555)       (50,555) (50,555)   (50,555)
Distributions to noncontrolling interests                   (8,877) (8,877)
Partnership distributions     (8,877) (8,877)              
Net income     24,129 24,129       20,326 20,326 3,803 24,129
Ending balance at Dec. 31, 2015         $ 412 670,275   (52,732) 617,955 101,911 719,866
Ending balance at Dec. 31, 2015     $ 719,866                
Partners' Capital, Ending Balance at Dec. 31, 2015       719,866              
Ending balance, shares at Dec. 31, 2015         41,226            
Ending balance, shares at Dec. 31, 2015   1,000 48,023,000                
Net share activity through equity award plan         $ 3 (3)       (1,726) (1,726)
Net share activity through equity award plan, shares         280            
Issuance of shares through equity award plan     $ (1,726) (1,726)              
Issuance of shares through equity award plan, shares     280,000                
Equity-based compensation expense     $ 10,584 10,584   9,229     9,229 1,355 10,584
Net proceeds from equity offering     $ 275,862 275,862 $ 63 252,282     252,345 23,517 275,862
Shares issued     6,325,000   6,325            
Dividend to shareholders     $ (66,586) (66,586)       (66,586) (66,586)   (66,586)
Distributions to noncontrolling interests                   (9,875) (9,875)
Partnership distributions     (9,875) (9,875)              
Net income     24,685 24,685       21,525 21,525 3,160 24,685
Ending balance at Dec. 31, 2016         $ 478 931,783   (97,793) 834,468 118,342 952,810
Ending balance at Dec. 31, 2016     952,810                
Partners' Capital, Ending Balance at Dec. 31, 2016     $ 952,810 952,810              
Ending balance, shares at Dec. 31, 2016         47,831            
Ending balance, shares at Dec. 31, 2016   1,000 54,628,000                
Net share activity through equity award plan         $ 6 893     899 123 1,022
Increase in fair value of interest rate swaps $ 1,449     1,449     $ 1,283   1,283 166 1,449
Issuance of shares through equity award plan     $ 1,022 1,022              
Issuance of shares through equity award plan, shares     582,000   582            
Reclassification of noncontrolling interest upon conversion of partnership units to common stock         $ 3 8,352     8,355 (8,355)  
Reclassification of noncontrolling interest upon conversion of partnership units to common stock, shares         253            
Equity-based compensation expense     $ 13,863 13,863   12,196     12,196 1,667 13,863
Net proceeds from equity offering     $ 107,495 107,495 $ 20 95,952     95,972 11,523 107,495
Shares issued     2,036,000   2,036            
Dividend to shareholders     $ (77,041) (77,041)       (77,041) (77,041)   (77,041)
Distributions to noncontrolling interests                   (10,399) (10,399)
Partnership distributions     (10,399) (10,399)              
Net income     1,457 1,457       1,282 1,282 175 1,457
Ending balance at Dec. 31, 2017         $ 507 $ 1,049,176 $ 1,283 $ (173,552) $ 877,414 $ 113,242 $ 990,656
Ending balance at Dec. 31, 2017     989,207                
Partners' Capital, Ending Balance at Dec. 31, 2017 $ 1,449   $ 989,207 $ 990,656              
Ending balance, shares at Dec. 31, 2017         50,702            
Ending balance, shares at Dec. 31, 2017   1,000 57,246,000