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INTERIM CONSOLIDATED FINANCIAL STATEMENTS BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Real Estate Assets    
Land $ 105,541 $ 88,216
Buildings, improvements and equipment 1,833,870 1,701,287
Less: Accumulated depreciation (434,565) (394,823)
Total real estate assets 1,504,846 1,394,680
Construction in progress 649,766 567,819
Real Estate Assets, net 2,154,612 1,962,499
Cash and cash equivalents 52,468 8,243
Rents and other receivables, net 50,090 47,046
Acquired intangibles, net 100,202 109,451
Deferred costs, net 44,682 41,545
Prepaid expenses 10,088 6,163
Goodwill 173,843 173,843
Other assets, net 68,880 66,266
TOTAL ASSETS 2,654,865 2,415,056
LIABILITIES    
Unsecured credit facility, net 694,751 825,186
Senior notes, net of debt issuance costs 394,406 394,178
Capital lease, lease financing obligations and mortgage notes payable 6,217 10,565
Accounts payable and accrued liabilities 109,355 113,430
Dividends and distributions payable 25,648 22,222
Advance rents, security deposits and other liabilities 29,640 28,903
Deferred income taxes 2,068 4,611
Deferred income 32,870 25,305
TOTAL LIABILITIES 1,294,955 1,424,400
EQUITY    
Common stock / units 511 507
Additional paid-in capital 1,056,667 1,049,176
Accumulated other comprehensive income 8,840 1,283
Accumulated dividends in excess of earnings (223,724) (173,552)
Total stockholders' equity 1,249,932 877,414
Noncontrolling interests 109,978 113,242
TOTAL EQUITY 1,359,910 990,656
TOTAL LIABILITIES AND EQUITY 2,654,865 2,415,056
Qualitytech, LP    
Real Estate Assets    
Land 105,541 88,216
Buildings, improvements and equipment 1,833,870 1,701,287
Less: Accumulated depreciation (434,565) (394,823)
Total real estate assets 1,504,846 1,394,680
Construction in progress 649,766 567,819
Real Estate Assets, net 2,154,612 1,962,499
Cash and cash equivalents 52,468 8,243
Rents and other receivables, net 50,090 47,046
Acquired intangibles, net 100,202 109,451
Deferred costs, net 44,682 41,545
Prepaid expenses 10,088 6,163
Goodwill 173,843 173,843
Other assets, net 68,880 66,266
TOTAL ASSETS 2,654,865 2,415,056
LIABILITIES    
Unsecured credit facility, net 694,751 825,186
Senior notes, net of debt issuance costs 394,406 394,178
Capital lease, lease financing obligations and mortgage notes payable 6,217 10,565
Accounts payable and accrued liabilities 109,355 113,430
Dividends and distributions payable 25,648 22,222
Advance rents, security deposits and other liabilities 29,640 28,903
Deferred income taxes 2,068 4,611
Deferred income 32,870 25,305
TOTAL LIABILITIES 1,294,955 1,424,400
EQUITY    
Accumulated other comprehensive income 9,994 1,449
TOTAL PARTNERS' CAPITAL 1,359,910 990,656
TOTAL LIABILITIES AND EQUITY 2,654,865 2,415,056
7.125% Series A 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 June 30, 2018; zero shares authorized, issued and outstanding as of December 31, 2017 | Qualitytech, LP    
EQUITY    
Cumulative redeemable perpetual preferred stock / units 103,212  
6.50% Series B cumulative convertible perpetual preferred units: $0.01 par value (liquidation preference $100.00 per share), 3,162,500 units authorized, 3,162,500 units issued and outstanding as of June 30, 2018; zero units authorized, issued and outstanding as of December 31, 2017 | Qualitytech, LP    
EQUITY    
Cumulative redeemable perpetual preferred stock / units 304,426  
Common units: $0.01 par value, 450,133,000 units authorized, 51,135,691 and 57,245,524 units issued and outstanding as of June 30, 2018 and December 31, 2017, respectively | Qualitytech, LP    
EQUITY    
Common stock / units 942,278 $ 989,207
Series A Preferred Stock    
EQUITY    
Cumulative redeemable perpetual preferred stock / units 103,212  
Series B Preferred Stock    
EQUITY    
Cumulative redeemable perpetual preferred stock / units $ 304,426