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INTERIM CONSOLIDATED FINANCIAL STATEMENTS BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Real Estate Assets    
Land $ 88,215 $ 88,216
Buildings, improvements and equipment 1,778,322 1,701,287
Less: Accumulated depreciation (417,150) (394,823)
Total real estate assets 1,449,387 1,394,680
Construction in progress 636,054 567,819
Real Estate Assets, net 2,085,441 1,962,499
Cash and cash equivalents 15,921 8,243
Rents and other receivables, net 45,057 47,046
Acquired intangibles, net 104,950 109,451
Deferred costs, net 42,398 41,545
Prepaid expenses 10,328 6,163
Goodwill 173,843 173,843
Other assets, net 64,950 66,266
TOTAL ASSETS 2,542,888 2,415,056
LIABILITIES    
Unsecured credit facility, net 832,462 825,186
Senior notes, net of debt issuance costs 394,333 394,178
Capital lease, lease financing obligations and mortgage notes payable 8,225 10,565
Accounts payable and accrued liabilities 144,616 113,430
Dividends and distributions payable 24,036 22,222
Advance rents, security deposits and other liabilities 28,233 28,903
Deferred income taxes 2,109 4,611
Deferred income 28,679 25,305
TOTAL LIABILITIES 1,462,693 1,424,400
EQUITY    
Additional paid-in capital 1,052,202 1,049,176
Accumulated other comprehensive income 6,573 1,283
Accumulated dividends in excess of earnings (195,074) (173,552)
Total stockholders' equity 967,396 877,414
Noncontrolling interests 112,799 113,242
TOTAL EQUITY 1,080,195 990,656
TOTAL LIABILITIES AND EQUITY 2,542,888 2,415,056
Qualitytech, LP    
Real Estate Assets    
Land 88,215 88,216
Buildings, improvements and equipment 1,778,322 1,701,287
Less: Accumulated depreciation (417,150) (394,823)
Total real estate assets 1,449,387 1,394,680
Construction in progress 636,054 567,819
Real Estate Assets, net 2,085,441 1,962,499
Cash and cash equivalents 15,921 8,243
Rents and other receivables, net 45,057 47,046
Acquired intangibles, net 104,950 109,451
Deferred costs, net 42,398 41,545
Prepaid expenses 10,328 6,163
Goodwill 173,843 173,843
Other assets, net 64,950 66,266
TOTAL ASSETS 2,542,888 2,415,056
LIABILITIES    
Unsecured credit facility, net 832,462 825,186
Senior notes, net of debt issuance costs 394,333 394,178
Capital lease, lease financing obligations and mortgage notes payable 8,225 10,565
Accounts payable and accrued liabilities 144,616 113,430
Dividends and distributions payable 24,036 22,222
Advance rents, security deposits and other liabilities 28,233 28,903
Deferred income taxes 2,109 4,611
Deferred income 28,679 25,305
TOTAL LIABILITIES 1,462,693 1,424,400
EQUITY    
Accumulated other comprehensive income 7,431 1,449
TOTAL EQUITY 1,080,195 990,656
TOTAL PARTNERS' CAPITAL 1,080,195 990,656
TOTAL LIABILITIES AND EQUITY 2,542,888 2,415,056
Series A 7.125    
EQUITY    
Series A 7.125% cumulative redeemable perpetual preferred stock: $0.01 par value (liquidation preference $25.00 per share), 4,600,000 shares authorized, 4,280,000 shares issued and outstanding as of March 31, 2018; zero shares authorized, issued and outstanding as of December 31, 2017 103,184  
Series A 7.125 | Qualitytech, LP    
EQUITY    
Series A 7.125% cumulative redeemable perpetual preferred stock: $0.01 par value (liquidation preference $25.00 per share), 4,600,000 shares authorized, 4,280,000 shares issued and outstanding as of March 31, 2018; zero shares authorized, issued and outstanding as of December 31, 2017 103,184  
Common Units    
EQUITY    
Common stock/units 511 507
Common Units | Qualitytech, LP    
EQUITY    
Common stock/units $ 969,580 $ 989,207