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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Real Estate Assets    
Land $ 130,576 $ 130,605
Buildings, improvements and equipment 2,411,426 2,178,901
Less: Accumulated depreciation (588,685) (558,560)
Total real estate assets 1,953,317 1,750,946
Construction in progress 877,313 920,922
Real Estate Assets, net 2,830,630 2,671,868
Investments in unconsolidated entity 32,051 30,218
Operating lease right-of-use assets, net 55,716 57,141
Cash and cash equivalents 171,957 15,653
Rents and other receivables, net 74,506 81,181
Acquired intangibles, net 78,139 81,679
Deferred costs, net 53,271 52,363
Prepaid expenses 13,747 10,586
Goodwill 173,843 173,843
Other assets, net 49,337 49,001
TOTAL ASSETS 3,533,197 3,223,533
LIABILITIES    
Unsecured credit facility, net 1,222,946 1,010,640
Senior notes, net of debt issuance costs 395,740 395,549
Finance leases and mortgage notes payable 46,244 46,876
Operating lease liabilities 62,843 64,416
Accounts payable and accrued liabilities 177,949 142,547
Dividends and distributions payable 37,464 34,500
Advance rents, security deposits and other liabilities 24,569 18,027
Derivative liabilities 61,706 26,609
Deferred income taxes 479 749
Deferred income 39,561 39,169
TOTAL LIABILITIES 2,069,501 1,779,082
EQUITY    
Common stock/units 604 582
Additional paid-in capital 1,412,025 1,330,444
Accumulated other comprehensive income (loss) (57,998) (24,642)
Accumulated dividends in excess of earnings (403,430) (376,002)
Total stockholders' equity 1,358,636 1,337,817
Noncontrolling interests 105,060 106,634
TOTAL EQUITY 1,463,696 1,444,451
TOTAL LIABILITIES AND EQUITY 3,533,197 3,223,533
Qualitytech, LP    
Real Estate Assets    
Land 130,576 130,605
Buildings, improvements and equipment 2,411,426 2,178,901
Less: Accumulated depreciation (588,685) (558,560)
Total real estate assets 1,953,317 1,750,946
Construction in progress 877,313 920,922
Real Estate Assets, net 2,830,630 2,671,868
Investments in unconsolidated entity 32,051 30,218
Operating lease right-of-use assets, net 55,716 57,141
Cash and cash equivalents 171,957 15,653
Rents and other receivables, net 74,506 81,181
Acquired intangibles, net 78,139 81,679
Deferred costs, net 53,271 52,363
Prepaid expenses 13,747 10,586
Goodwill 173,843 173,843
Other assets, net 49,337 49,001
TOTAL ASSETS 3,533,197 3,223,533
LIABILITIES    
Unsecured credit facility, net 1,222,946 1,010,640
Senior notes, net of debt issuance costs 395,740 395,549
Finance leases and mortgage notes payable 46,244 46,876
Operating lease liabilities 62,843 64,416
Accounts payable and accrued liabilities 177,949 142,547
Dividends and distributions payable 37,464 34,500
Advance rents, security deposits and other liabilities 24,569 18,027
Derivative liabilities 61,706 26,609
Deferred income taxes 479 749
Deferred income 39,561 39,169
TOTAL LIABILITIES 2,069,501 1,779,082
EQUITY    
Accumulated other comprehensive income (loss) (64,403) (27,465)
TOTAL EQUITY 1,463,696 1,444,451
TOTAL PARTNERS' CAPITAL 1,463,696 1,444,451
TOTAL LIABILITIES AND EQUITY 3,533,197 3,223,533
Series A Redeemable Perpetual Preferred Units | Qualitytech, LP    
EQUITY    
Cumulative redeemable perpetual preferred stock / units 103,212 103,212
Series B Redeemable Perpetual Preferred Units | Qualitytech, LP    
EQUITY    
Cumulative redeemable perpetual preferred stock / units 304,223 304,223
Common units | Qualitytech, LP    
EQUITY    
Common stock/units 1,120,664 1,064,481
Series A Redeemable Perpetual Preferred Stock    
EQUITY    
Cumulative redeemable perpetual preferred stock / units 103,212 103,212
Series B Convertible Perpetual Preferred Stock    
EQUITY    
Cumulative redeemable perpetual preferred stock / units $ 304,223 $ 304,223