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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues:      
Rental $ 465,123 $ 413,620 $ 379,787
Other 15,695 36,904 66,723
Total revenues 480,818 450,524 446,510
Operating Expenses:      
Property operating costs 156,048 148,236 153,209
Real estate taxes and insurance 14,503 12,193 11,959
Depreciation and amortization 168,305 149,891 140,924
General and administrative 80,385 80,857 87,231
Transaction, integration and impairment costs 15,190 2,743 11,060
Restructuring   37,943  
Total operating expenses 434,431 431,863 404,383
Gain on sale of real estate, net 14,769    
Operating income 61,156 18,661 42,127
Other income and expenses:      
Interest income 111 150 67
Interest expense (26,593) (28,749) (30,523)
Debt restructuring costs (1,523) (605) (19,992)
Other income (expense) (50)    
Equity in net loss of unconsolidated entity (1,473)    
Income (loss) before taxes 31,628 (10,543) (8,321)
Tax benefit of taxable REIT subsidiaries 37 3,368 9,778
Net income (loss) 31,665 (7,175) 1,457
Net (income) loss attributable to noncontrolling interests (374) 2,715 (175)
Net income (loss) attributable to QTS Realty Trust, Inc. 31,291 (4,460) 1,282
Preferred stock dividends (28,180) (16,666)  
Net income (loss) attributable to common stockholders $ 3,111 $ (21,126) $ 1,282
Net income per share attributable to Class A common shares:      
Basic (in dollars per share) $ (0.09) $ (0.44) $ 0.01
Diluted (in dollars per share) $ (0.09) $ (0.44) $ 0.01
Weighted average Class A common shares outstanding:      
Basic (in shares) 54,836,801 50,432,590 48,380,964
Diluted (in shares) 54,836,801 50,432,590 55,855,683
Qualitytech, LP      
Revenues:      
Rental $ 465,123 $ 413,620 $ 379,787
Other 15,695 36,904 66,723
Total revenues 480,818 450,524 446,510
Operating Expenses:      
Property operating costs 156,048 148,236 153,209
Real estate taxes and insurance 14,503 12,193 11,959
Depreciation and amortization 168,305 149,891 140,924
General and administrative 80,385 80,857 87,231
Transaction, integration and impairment costs 15,190 2,743 11,060
Restructuring   37,943  
Total operating expenses 434,431 431,863 404,383
Gain on sale of real estate, net 14,769    
Operating income 61,156 18,661 42,127
Other income and expenses:      
Interest income 111 150 67
Interest expense (26,593) (28,749) (30,523)
Debt restructuring costs (1,523) (605) (19,992)
Other income (expense) (50)    
Equity in net loss of unconsolidated entity (1,473)    
Income (loss) before taxes 31,628 (10,543) (8,321)
Tax benefit of taxable REIT subsidiaries 37 3,368 9,778
Net income (loss) 31,665 (7,175) 1,457
Preferred stock dividends (28,180) (16,666)  
Net income (loss) attributable to common stockholders $ 3,485 $ (23,841) $ 1,457