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INTERIM CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATED STATEMENT OF EQUITY - USD ($)
shares in Thousands, $ in Thousands
Series A Preferred Stock
Qualitytech, LP
Preferred stock
Limited Partner
Series A Preferred Stock
Qualitytech, LP
Common stock
Limited Partner
Series A Preferred Stock
Qualitytech, LP
Series A Preferred Stock
Preferred stock
Series A Preferred Stock
Accumulated dividends in excess of earnings
Series A Preferred Stock
Total stockholders' Equity
Series A Preferred Stock
Series B Preferred Stock
Qualitytech, LP
Preferred stock
Limited Partner
Series B Preferred Stock
Qualitytech, LP
Common stock
Limited Partner
Series B Preferred Stock
Qualitytech, LP
Series B Preferred Stock
Preferred stock
Series B Preferred Stock
Accumulated dividends in excess of earnings
Series B Preferred Stock
Total stockholders' Equity
Series B Preferred Stock
Qualitytech, LP
Preferred stock
Limited Partner
Qualitytech, LP
Common stock
Limited Partner
Qualitytech, LP
Common stock
General Partner
Qualitytech, LP
Accumulated other comprehensive income
Qualitytech, LP
Preferred stock
Common stock
Additional paid-in capital
Accumulated other comprehensive income
Accumulated dividends in excess of earnings
Total stockholders' Equity
Noncontrolling interests
Total
Beginning balance at Dec. 31, 2017                                   $ 1,449     $ 507 $ 1,049,176 $ 1,283 $ (173,552) $ 877,414 $ 113,242 $ 990,656
Beginning balance, shares at Dec. 31, 2017                                         50,702            
Limited Partners' Capital, Beginning at Dec. 31, 2017                               $ 989,207                      
Limited Partners' Capital, Beginning balance, shares at Dec. 31, 2017                               57,246                      
Beginning balance, shares at Dec. 31, 2017                                 1                    
Partners' Capital, Beginning Balance at Dec. 31, 2017                                     $ 990,656                
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 (decrease) in fair value of derivative contracts                                   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 stock offering $ 103,184   $ 103,184 $ 103,184   $ 103,184 $ 103,184                                        
Net proceeds from stock offering (in shares) 4,280     4,280                                              
Dividends declared on Preferred Stock                                     (328)         (328) (328)   (328)
Dividends declared on Preferred Units                               (328)     (328)                
Dividends declared to common shareholders                               (20,971)     (20,971)         (20,971) (20,971)   (20,971)
Dividends 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   $ 103,184 $ 511 1,052,202 6,573 (195,074) 967,396 112,799 1,080,195
Ending balance, shares at Mar. 31, 2018                                       4,280 51,136            
Limited Partners' Capital, Ending balance at Mar. 31, 2018                             $ 103,184 $ 969,580                      
Limited Partners' Capital Ending balance, shares at Mar. 31, 2018                             4,280 57,810                      
Ending balance, shares at Mar. 31, 2018                                 1                    
Partners' Capital, Ending Balance at Mar. 31, 2018                                     1,080,195                
Beginning balance at Dec. 31, 2018                                   2,344   $ 407,477 $ 511 1,062,473 2,073 (278,548) 1,193,986 102,701 1,296,687
Beginning balance, shares at Dec. 31, 2018                                       7,443 51,123            
Limited Partners' Capital, Beginning at Dec. 31, 2018                             $ 407,477 $ 886,866                      
Limited Partners' Capital, Beginning balance, shares at Dec. 31, 2018                             7,443 57,799                      
Beginning balance, shares at Dec. 31, 2018                                 1                    
Partners' Capital, Beginning Balance at Dec. 31, 2018                                     1,296,687                
Net share activity through equity award plan                               $ 741     741   $ 3 660     663 78 741
Net share activity through equity award plan, shares                               229         231            
Increase (decrease) in fair value of derivative contracts                                   (9,853) (9,853)       (8,775)   (8,775) (1,078) (9,853)
Equity-based compensation expense                               $ 3,300     3,300     2,928     2,928 372 3,300
Opening Equity Adjustment upon ASC 842 adoption                               (1,813)     (1,813)         (1,813) (1,813)   (1,813)
Adjustment to expenses net from Series B Preferred stock offering               $ (42)   $ (42) $ (42)   $ (42) $ (42)                          
Net proceeds from stock offering                               $ 158,663     158,663   $ 40 148,650     148,690 9,973 158,663
Net proceeds from stock offering (in shares)                               4,000         4,000            
Dividends declared on Preferred Stock         $ (1,906) $ (1,906) $ (1,906)         $ (5,139) $ (5,139) $ (5,139)         (7,045)               (7,045)
Dividends declared on Preferred Units   $ (1,906) $ (1,906)           $ (5,139) $ (5,139)                                  
Dividends declared to common shareholders                               $ (24,371)     (24,371)         (24,371) (24,371)   (24,371)
Dividends to noncontrolling interests                                                   (2,935) (2,935)
Partnership distributions                               (2,935)     (2,935)                
Net income (loss)                               21,148     21,148         19,558 19,558 1,590 21,148
Ending balance at Mar. 31, 2019                                   $ (7,509)   $ 407,435 $ 554 $ 1,214,711 $ (6,702) $ (292,219) $ 1,323,779 $ 110,701 $ 1,434,480
Ending balance, shares at Mar. 31, 2019                                       7,443 55,354            
Limited Partners' Capital, Ending balance at Mar. 31, 2019                             $ 407,435 $ 1,034,554                      
Limited Partners' Capital Ending balance, shares at Mar. 31, 2019                             7,443 62,028                      
Ending balance, shares at Mar. 31, 2019                                 1                    
Partners' Capital, Ending Balance at Mar. 31, 2019                                     $ 1,434,480