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INTERIM CONSOLIDATED FINANCIAL STATEMENTS BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Real Estate Assets    
Land $ 105,541 $ 105,541
Buildings, improvements and equipment 2,031,825 1,917,251
Less: Accumulated depreciation (494,787) (467,644)
Total real estate assets 1,642,579 1,555,148
Construction in progress 803,888 790,064
Real Estate Assets, net 2,446,467 2,345,212
Investments in unconsolidated entity 44,191  
Operating lease right-of-use assets, net 61,585  
Cash and cash equivalents 18,678 11,759
Rents and other receivables, net 56,898 55,093
Acquired intangibles, net 92,053 95,451
Deferred costs, net 45,674 45,096
Prepaid expenses 9,585 6,822
Goodwill 173,843 173,843
Assets held for sale   71,800
Other assets, net 55,280 56,893
TOTAL ASSETS 3,004,254 2,861,969
LIABILITIES    
Unsecured credit facility, net 828,861 945,657
Senior notes, net of debt issuance costs 394,944 394,786
Capital lease, lease financing obligations and mortgage notes payable   4,674
Finance leases and mortgage notes payable 48,988  
Operating lease liabilities 69,346  
Accounts payable and accrued liabilities 120,501 99,166
Dividends and distributions payable 33,244 29,633
Advance rents, security deposits and other liabilities 34,515 32,679
Liabilities held for sale   24,349
Deferred income taxes 1,208 1,097
Deferred income 38,167 33,241
TOTAL LIABILITIES 1,569,774 1,565,282
EQUITY    
Additional paid-in capital 1,214,711 1,062,473
Accumulated other comprehensive income (loss) (6,702) 2,073
Accumulated dividends in excess of earnings (292,219) (278,548)
Total stockholders’ equity 1,323,779 1,193,986
Noncontrolling interests 110,701 102,701
TOTAL EQUITY 1,434,480 1,296,687
TOTAL LIABILITIES AND EQUITY 3,004,254 2,861,969
Qualitytech, LP    
Real Estate Assets    
Land 105,541 105,541
Buildings, improvements and equipment 2,031,825 1,917,251
Less: Accumulated depreciation (494,787) (467,644)
Total real estate assets 1,642,579 1,555,148
Construction in progress 803,888 790,064
Real Estate Assets, net 2,446,467 2,345,212
Investments in unconsolidated entity 44,191  
Operating lease right-of-use assets, net 61,585  
Cash and cash equivalents 18,678 11,759
Rents and other receivables, net 56,898 55,093
Acquired intangibles, net 92,053 95,451
Deferred costs, net 45,674 45,096
Prepaid expenses 9,585 6,822
Goodwill 173,843 173,843
Assets held for sale   71,800
Other assets, net 55,280 56,893
TOTAL ASSETS 3,004,254 2,861,969
LIABILITIES    
Unsecured credit facility, net 828,861 945,657
Senior notes, net of debt issuance costs 394,944 394,786
Capital lease, lease financing obligations and mortgage notes payable   4,674
Finance leases and mortgage notes payable 48,988  
Operating lease liabilities 69,346  
Accounts payable and accrued liabilities 120,501 99,166
Dividends and distributions payable 33,244 29,633
Advance rents, security deposits and other liabilities 34,515 32,679
Liabilities held for sale   24,349
Deferred income taxes 1,208 1,097
Deferred income 38,167 33,241
TOTAL LIABILITIES 1,569,774 1,565,282
EQUITY    
Accumulated other comprehensive income (loss) (7,509) 2,344
TOTAL PARTNERS' CAPITAL 1,434,480 1,296,687
TOTAL LIABILITIES AND EQUITY 3,004,254 2,861,969
Series A Redeemable Perpetual Preferred    
EQUITY    
Cumulative redeemable perpetual preferred stock / units 103,212 103,212
Series A Redeemable Perpetual Preferred | Qualitytech, LP    
EQUITY    
Cumulative redeemable perpetual preferred stock / units 103,212 103,212
Series B Convertible Preferred Units    
EQUITY    
Cumulative redeemable perpetual preferred stock / units 304,223 304,265
Series B Convertible Preferred Units | Qualitytech, LP    
EQUITY    
Cumulative redeemable perpetual preferred stock / units 304,223 304,265
Common units: $0.01 par value, 450,133,000 units authorized, 62,027,587 and 57,799,035 units issued and outstanding as of March 31, 2019 and December 31, 2018, respectively    
EQUITY    
Common stock / units 554 511
Common units: $0.01 par value, 450,133,000 units authorized, 62,027,587 and 57,799,035 units issued and outstanding as of March 31, 2019 and December 31, 2018, respectively | Qualitytech, LP    
EQUITY    
Common stock / units $ 1,034,554 $ 886,866