XML 20 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Real Estate Assets    
Land $ 105,541 $ 88,216
Buildings, Improvements and Equipment 1,917,251 1,701,287
Less: Accumulated depreciation (467,644) (394,823)
Total real estate assets 1,555,148 1,394,680
Construction in progress 790,064 567,819
Real Estate Assets, net 2,345,212 1,962,499
Cash and cash equivalents 11,759 8,243
Rents and other receivables, net 55,093 47,046
Acquired intangibles, net 95,451 109,451
Deferred costs, net 45,096 41,545
Prepaid expenses 6,822 6,163
Goodwill 173,843 173,843
Assets held for sale 71,800  
Other assets, net 56,893 66,266
TOTAL ASSETS 2,861,969 2,415,056
LIABILITIES    
Unsecured credit facility, net 945,657 825,186
Senior notes, net of debt issuance costs 394,786 394,178
Capital lease, lease financing obligations and mortgage notes payable 4,674 10,565
Accounts payable and accrued liabilities 99,166 113,430
Dividends and distributions payable 29,633 22,222
Advance rents, security deposits and other liabilities 32,679 28,903
Liabilities held for sale 24,349  
Deferred income taxes 1,097 4,611
Deferred income 33,241 25,305
TOTAL LIABILITIES 1,565,282 1,424,400
EQUITY    
Common stock / units 511 507
Additional paid-in capital 1,062,473 1,049,176
Accumulated other comprehensive income 2,073 1,283
Accumulated dividends in excess of earnings (278,548) (173,552)
Total stockholders' equity 1,193,986 877,414
Noncontrolling interests 102,701 113,242
TOTAL EQUITY 1,296,687 990,656
TOTAL LIABILITIES AND EQUITY 2,861,969 2,415,056
Qualitytech, LP    
Real Estate Assets    
Land 105,541 88,216
Buildings, Improvements and Equipment 1,917,251 1,701,287
Less: Accumulated depreciation (467,644) (394,823)
Total real estate assets 1,555,148 1,394,680
Construction in progress 790,064 567,819
Real Estate Assets, net 2,345,212 1,962,499
Cash and cash equivalents 11,759 8,243
Rents and other receivables, net 55,093 47,046
Acquired intangibles, net 95,451 109,451
Deferred costs, net 45,096 41,545
Prepaid expenses 6,822 6,163
Goodwill 173,843 173,843
Assets held for sale 71,800  
Other assets, net 56,893 66,266
TOTAL ASSETS 2,861,969 2,415,056
LIABILITIES    
Unsecured credit facility, net 945,657 825,186
Senior notes, net of debt issuance costs 394,786 394,178
Capital lease, lease financing obligations and mortgage notes payable 4,674 10,565
Accounts payable and accrued liabilities 99,166 113,430
Dividends and distributions payable 29,633 22,222
Advance rents, security deposits and other liabilities 32,679 28,903
Liabilities held for sale 24,349  
Deferred income taxes 1,097 4,611
Deferred income 33,241 25,305
TOTAL LIABILITIES 1,565,282 1,424,400
EQUITY    
Accumulated other comprehensive income 2,344 1,449
TOTAL EQUITY 1,296,687 990,656
TOTAL PARTNERS' CAPITAL 1,296,687 990,656
TOTAL LIABILITIES AND EQUITY 2,861,969 2,415,056
Series A Redeemable Perpetual Preferred Units [Member] | Qualitytech, LP    
EQUITY    
Cumulative redeemable perpetual preferred stock / units 103,212  
Series B Convertible Preferred Units [Member] | Qualitytech, LP    
EQUITY    
Cumulative redeemable perpetual preferred stock / units 304,265  
Common units: $0.01 par value, 450,133,000 units authorized, 57,799,035 and 57,245,524 units issued and outstanding as of December 31, 2018 and December 31, 2017, respectively | Qualitytech, LP    
EQUITY    
Common stock / units 886,866 $ 989,207
Series A Redeemable Perpetual Preferred [Member]    
EQUITY    
Cumulative redeemable perpetual preferred stock / units 103,212  
Series B Convertible Preferred Stock [Member]    
EQUITY    
Cumulative redeemable perpetual preferred stock / units $ 304,265