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INTERIM CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATED STATEMENT OF EQUITY - 3 months ended Mar. 31, 2018 - USD ($)
shares in Thousands, $ in Thousands
Qualitytech, LP
Accumulated Other Comprehensive Income (Loss)
Qualitytech, LP
Series A 7.125
Limited Partner
Qualitytech, LP
Common Units
General Partner
Qualitytech, LP
Common Units
Limited Partner
Qualitytech, LP
Preferred Stock
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, 2017 $ 1,449       $ 990,656   $ 507 $ 1,049,176 $ 1,283 $ (173,552) $ 877,414 $ 113,242 $ 990,656
Beginning balance at Dec. 31, 2017       $ 989,207                  
Partners' Capital, Beginning Balance at Dec. 31, 2017         990,656                
Beginning balance, shares at Dec. 31, 2017             50,702            
Beginning balance, shares at Dec. 31, 2017       57,246                  
Beginning balance, shares at Dec. 31, 2017     1                    
Net share activity through equity award plan       $ (238) (238)   $ 4 (1,311)     (1,307) 1,069 (238)
Net share activity through equity award plan, shares       564     434            
Increase in fair value of interest rate swaps 5,982       5,982       5,290   5,290 692 5,982
Equity-based compensation expense       $ 4,898 4,898     4,337     4,337 561 4,898
Net proceeds from Series A Preferred Stock offering   $ 103,184     103,184 $ 103,184         103,184   103,184
Net proceeds from Series A Preferred Stock offering (in shares)   4,280       4,280              
Dividends declared on Preferred Stock                   (328) (328)   (328)
Dividends declared on Preferred Units       (328) (328)                
Dividends to stockholders       (20,971) (20,971)         (20,971) (20,971)   (20,971)
Distributions to noncontrolling interests                       (2,736) (2,736)
Partnership distributions       (2,736) (2,736)                
Net income (loss)       (252) (252)         (223) (223) (29) (252)
Ending balance at Mar. 31, 2018 $ 7,431       1,080,195 $ 103,184 $ 511 $ 1,052,202 $ 6,573 $ (195,074) $ 967,396 $ 112,799 $ 1,080,195
Ending balance at Mar. 31, 2018   $ 103,184   $ 969,580                  
Partners' Capital, Ending Balance at Mar. 31, 2018         $ 1,080,195                
Ending balance, shares at Mar. 31, 2018           4,280 51,136            
Ending balance, shares at Mar. 31, 2018   4,280   57,810                  
Ending balance, shares at Mar. 31, 2018     1