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INTERIM CONSOLIDATED FINANCIAL STATEMENTS BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Real Estate Assets    
Land $ 105,541 $ 88,216
Buildings, improvements and equipment 1,881,390 1,701,287
Less: Accumulated depreciation (450,429) (394,823)
Total real estate assets 1,536,502 1,394,680
Construction in progress 731,660 567,819
Real Estate Assets, net 2,268,162 1,962,499
Cash and cash equivalents 13,879 8,243
Rents and other receivables, net 51,719 47,046
Acquired intangibles, net 96,622 109,451
Deferred costs, net 42,735 41,545
Prepaid expenses 7,223 6,163
Goodwill 173,843 173,843
Other assets, net 64,675 66,266
TOTAL ASSETS 2,718,858 2,415,056
LIABILITIES    
Unsecured credit facility, net 776,052 825,186
Senior notes, net of debt issuance costs 394,595 394,178
Capital lease, lease financing obligations and mortgage notes payable 6,180 10,565
Accounts payable and accrued liabilities 122,292 113,430
Dividends and distributions payable 30,782 22,222
Advance rents, security deposits and other liabilities 29,001 28,903
Deferred income taxes 1,212 4,611
Deferred income 31,517 25,305
TOTAL LIABILITIES 1,391,631 1,424,400
EQUITY    
Common stock / units 511 507
Additional paid-in capital 1,059,914 1,049,176
Accumulated other comprehensive income 10,103 1,283
Accumulated dividends in excess of earnings (257,019) (173,552)
Total stockholders' equity 1,220,986 877,414
Noncontrolling interests 106,241 113,242
TOTAL EQUITY 1,327,227 990,656
TOTAL LIABILITIES AND EQUITY 2,718,858 2,415,056
Qualitytech, LP    
Real Estate Assets    
Land 105,541 88,216
Buildings, improvements and equipment 1,881,390 1,701,287
Less: Accumulated depreciation (450,429) (394,823)
Total real estate assets 1,536,502 1,394,680
Construction in progress 731,660 567,819
Real Estate Assets, net 2,268,162 1,962,499
Cash and cash equivalents 13,879 8,243
Rents and other receivables, net 51,719 47,046
Acquired intangibles, net 96,622 109,451
Deferred costs, net 42,735 41,545
Prepaid expenses 7,223 6,163
Goodwill 173,843 173,843
Other assets, net 64,675 66,266
TOTAL ASSETS 2,718,858 2,415,056
LIABILITIES    
Unsecured credit facility, net 776,052 825,186
Senior notes, net of debt issuance costs 394,595 394,178
Capital lease, lease financing obligations and mortgage notes payable 6,180 10,565
Accounts payable and accrued liabilities 122,292 113,430
Dividends and distributions payable 30,782 22,222
Advance rents, security deposits and other liabilities 29,001 28,903
Deferred income taxes 1,212 4,611
Deferred income 31,517 25,305
TOTAL LIABILITIES 1,391,631 1,424,400
EQUITY    
Accumulated other comprehensive income 11,423 1,449
TOTAL PARTNERS' CAPITAL 1,327,227 990,656
TOTAL LIABILITIES AND EQUITY 2,718,858 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 September 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, issued and outstanding as of September 30, 2018; zero units authorized, issued and outstanding as of December 31, 2017 | Qualitytech, LP    
EQUITY    
Cumulative redeemable perpetual preferred stock / units 304,265  
Common units: $0.01 par value, 450,133,000 units authorized, 57,800,709 and 57,245,524 units issued and outstanding as of September 30, 2018 and December 31, 2017, respectively | Qualitytech, LP    
EQUITY    
Common stock / units 908,327 $ 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 $ 304,265