DIGITAL REALTY TRUST, INC. DLR Income Statement

Digital realty trust, inc. (DLR)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10	Jun'09
Operating Revenues:
Interconnection and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	185,506	133,260	86,360	40,759	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Construction management
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	25,255	16,919	0	0	0	-
Other
-	-	-	-	-	-	-	-	-	-	33,688	33,482	33,141	-	93	671	1,169	1,078	1,243	1,536	0	-	0	0	-	402	1,454	7,845	0	-	0	0	-	902	0	0	0	-	-	0
Total operating revenues
3,218,063	3,209,241	3,200,045	3,162,503	3,116,625	3,046,478	2,999,656	2,840,657	2,651,727	2,457,928	2,303,270	2,239,638	2,188,583	2,142,213	2,065,869	1,955,565	1,860,926	1,763,336	1,675,109	1,651,306	1,632,457	1,616,438	1,585,153	1,552,423	1,514,479	1,482,259	1,451,064	1,414,087	1,354,289	1,279,067	1,199,943	1,130,940	1,095,117	1,062,710	1,029,584	953,572	0	0	0	0
Operating Expenses:
Rental property operating and maintenance
1,031,332	1,020,578	1,021,549	1,008,089	986,379	957,065	927,433	871,523	815,917	759,616	703,385	690,516	675,348	660,177	646,153	609,499	579,490	549,885	522,194	512,550	509,807	503,140	490,762	489,102	469,012	456,596	448,566	425,992	406,862	381,227	355,779	331,283	316,044	307,922	300,087	271,858	0	0	0	0
Property taxes and insurance
177,547	172,183	161,097	157,263	142,230	140,918	153,737	148,799	147,070	134,995	114,763	102,797	102,085	102,497	103,872	103,205	96,656	92,588	87,169	92,981	92,676	91,538	92,316	92,625	91,404	90,321	86,172	78,080	74,475	69,475	59,251	54,324	52,517	49,946	54,518	54,211	0	0	0	0
Insurance
-	-	-	-	-	-	-	-	-	-	10,127	10,007	9,672	9,492	9,483	9,153	9,066	8,809	8,629	8,634	8,376	8,643	8,619	8,618	8,960	8,743	9,234	9,553	9,575	9,600	8,967	8,465	8,203	8,024	8,178	8,063	0	0	0	0
Construction management
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	913	1,485	1,787	1,596	3,800	10,568	21,171	22,715	20,620	13,700	0	0	0	-
Change in fair value of contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-44,276	-48,267	-48,138	-47,724	-8,093	-5,851	-5,329	-6,465	-1,762	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
1,143,745	1,163,774	1,188,128	1,195,367	1,203,593	1,186,896	1,175,507	1,081,464	960,787	842,464	731,072	709,291	706,774	699,324	695,699	654,540	610,470	570,527	530,898	531,398	536,966	538,513	531,962	515,686	494,461	475,464	456,406	437,048	410,181	382,553	355,447	332,654	320,502	310,425	299,941	280,754	0	0	0	0
General and administrative
221,176	211,097	195,830	187,487	180,603	163,667	169,784	171,907	163,317	161,441	157,074	159,444	156,124	152,733	147,567	124,187	115,611	105,549	91,042	88,996	83,704	93,188	87,244	82,810	80,380	65,653	63,558	61,692	58,910	57,209	56,310	56,501	55,469	53,624	52,960	50,934	0	0	0	0
Transactions and integration
82,232	27,925	36,736	42,247	43,643	45,327	35,091	68,274	76,903	76,048	69,328	32,534	21,914	20,491	14,629	19,656	19,207	17,400	14,624	3,726	1,315	1,303	2,088	2,187	2,923	4,605	8,828	9,089	12,206	11,120	6,390	9,518	5,650	5,654	9,719	7,802	0	0	0	0
Impairment of investments in real estate
0	5,351	5,351	5,351	5,351	0	28,992	0	0	-	0	-	-	-	0	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
2,665,342	2,615,026	2,621,916	2,610,076	2,569,108	2,496,691	2,455,518	2,369,427	2,193,902	2,006,633	1,818,051	1,704,826	1,672,130	1,644,927	1,678,295	1,579,611	1,490,217	1,361,425	1,320,774	1,318,729	1,314,480	1,357,772	1,222,266	1,186,731	1,141,246	1,100,447	1,072,669	1,023,794	975,541	912,989	847,204	803,650	779,556	758,400	746,172	687,636	0	0	0	0
Other
9,310	14,118	13,225	14,272	7,309	2,818	7,874	3,684	3,508	3,077	-3,053	-2	0	-	0	0	-	60,943	425	2,124	2,890	3,070	3,355	1,710	955	827	979	1,313	0	-	0	0	-	90	149	314	0	0	0	0
Operating income
552,721	594,215	578,129	552,427	547,517	549,787	544,138	471,230	457,825	451,295	485,219	534,812	516,453	497,286	387,574	375,954	370,709	401,911	354,335	332,577	317,977	258,666	362,887	365,692	373,233	381,812	378,395	390,293	378,748	366,078	352,739	327,290	315,561	304,310	283,412	265,936	0	0	0	0
Other Income (Expenses):
Equity in (loss) earnings of unconsolidated joint ventures
-80,146	8,067	6,155	34,310	34,786	32,979	29,658	26,652	27,602	25,516	24,334	22,606	18,350	17,104	15,683	15,700	14,951	15,491	15,946	15,232	15,326	13,289	12,470	11,189	10,042	9,796	8,572	7,918	9,081	8,135	7,698	7,568	5,133	4,952	4,717	4,282	0	0	0	0
Gain on deconsolidation, net
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on disposition of properties, net
572,452	267,651	7	26,584	40,776	80,049	110,788	93,961	80,149	40,354	9,413	168,663	168,283	169,902	170,419	1,212	77,881	94,604	94,282	94,489	33,765	15,945	15,945	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest and other income (expense), net
41,014	66,000	56,372	38,549	24,967	3,481	2,699	6,493	3,462	3,655	2,361	-97	-3,789	-4,564	-3,096	-3,809	-715	-2,381	-2,238	-1,502	-1,354	2,663	2,253	1,748	1,825	139	-208	2	1,224	1,892	2,406	4,541	3,705	3,260	3,189	1,005	0	0	0	0
Gain on insurance settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Gain on contribution of properties to unconsolidated joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	95,404	210,458	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
337,305	353,057	357,060	353,337	346,096	321,529	310,635	301,405	280,177	258,642	240,879	232,342	234,669	236,480	241,971	227,025	213,230	201,435	186,114	186,145	189,177	191,085	190,685	190,258	188,695	189,399	183,753	177,058	167,156	157,108	153,614	149,645	151,298	149,350	149,231	145,315	0	0	0	0
Income tax expense
14,911	11,995	7,883	5,489	2,976	2,084	8,472	8,534	9,052	7,901	9,660	10,886	10,499	10,385	8,488	6,522	6,885	6,451	7,245	6,669	5,075	5,238	3,564	2,738	1,927	1,292	1,775	2,133	3,129	2,647	1,473	1,224	251	-42	1,465	1,538	0	0	0	0
Loss from early extinguishment of debt
-26,903	-39,157	-40,725	-35,359	-14,454	-1,568	1,990	0	0	-	0	-	-	-1,011	-982	-964	-1,112	-148	-148	-343	-488	-780	-1,484	-1,790	0	-	0	0	-	-	-	0	-	-1,088	-2,067	-3,602	0	0	0	0
Net income
706,922	599,221	302,492	325,182	352,017	341,115	368,176	290,387	281,799	256,267	272,749	482,709	454,082	431,852	319,139	154,546	241,599	301,591	283,369	355,688	279,023	203,415	293,877	317,196	315,485	320,449	320,677	224,118	218,465	216,047	207,349	188,117	172,377	162,126	138,555	120,768	0	0	0	0
Net loss (income) attributable to noncontrolling interests
19,959	19,460	7,456	9,046	10,586	9,869	14,854	12,227	10,451	8,008	3,050	6,257	5,906	5,665	4,010	1,627	3,544	4,902	4,534	6,062	4,569	3,232	5,154	5,644	5,796	5,961	6,326	4,973	5,462	5,713	5,865	5,681	5,572	5,861	4,970	4,335	0	0	0	0
Net income attributable to Digital Realty Trust, Inc./Digital Realty Trust, L.P.
686,963	579,761	295,036	316,136	341,431	331,246	353,322	278,160	271,348	248,259	269,699	476,452	448,176	426,187	315,129	152,919	238,055	296,689	278,835	349,626	274,454	200,183	288,723	311,552	309,689	314,488	314,351	219,145	213,003	210,334	274,172	182,436	166,805	156,265	60,897	116,433	0	0	0	0
Preferred units distributions, including undeclared distributions
75,202	74,990	74,612	78,271	81,930	81,316	81,316	77,562	71,738	68,802	65,866	70,821	78,740	83,771	90,434	87,360	83,392	79,423	73,822	73,821	74,194	67,465	60,736	54,007	46,577	42,905	40,930	38,981	37,895	38,672	38,647	33,306	27,706	25,397	24,865	30,530	0	0	0	0
Issuance costs associated with redeemed preferred stock
-	-	0	0	-	-	0	0	-	-	0	0	-	-	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs on redemption of preferred stock/units
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-
Net income available to common unitholders
600,001	493,011	208,664	226,105	259,501	249,930	272,006	200,598	193,301	173,148	197,524	388,994	359,108	332,088	214,367	65,559	154,663	217,266	205,013	275,805	200,260	132,718	227,987	257,545	263,112	271,583	273,421	180,164	175,108	171,662	162,837	149,130	139,099	130,868	104,517	81,700	0	0	0	0
Net income per unit available to common unitholders:
Basic (in dollars per share/unit)
0.91	1.52	0.24	0.15	0.46	0.14	0.33	0.32	0.42	0.23	-0.02	0.36	0.42	0.48	1.27	0.19	0.27	-0.32	0.28	0.86	0.75	-0.39	0.81	0.31	0.27	0.33	1.08	0.37	0.34	0.36	0.37	0.38	0.37	0.34	0.32	0.33	0.34	0.11	0.11	0.13
Diluted (in dollars per share/unit)
0.90	1.50	0.24	0.15	0.46	0.14	0.33	0.32	0.42	0.24	-0.02	0.36	0.41	0.49	1.25	0.19	0.27	-0.33	0.28	0.86	0.75	-0.38	0.80	0.31	0.26	0.35	1.06	0.37	0.34	0.37	0.37	0.38	0.36	0.35	0.31	0.33	0.33	0.11	0.11	0.13
Weighted average common units outstanding:
Basic (shares/units)
222,163	208,788	208,421	208,284	207,809	206,352	206,118	205,956	205,714	205,913	170,194	160,832	159,297	159,026	147,397	146,824	146,565	145,643	135,832	135,810	135,704	135,644	135,492	133,802	128,535	128,472	128,427	128,419	126,445	123,983	122,026	109,761	107,099	105,309	100,588	96,295	91,428	87,908	80,542	76,121
Diluted (shares/units)
224,474	210,085	209,801	209,435	208,526	206,857	206,766	206,563	206,507	207,182	170,194	161,781	160,421	158,092	149,384	147,808	147,433	144,573	138,259	136,499	136,128	135,487	135,946	133,977	129,136	121,847	135,301	128,623	126,738	123,921	122,353	110,166	107,584	104,654	101,912	97,511	92,600	90,136	83,021	76,851
Rental and other services
Operating Revenues
3,204,398	3,196,356	3,033,507	2,834,868	2,631,808	2,412,076	2,370,088	2,266,697	2,141,248	2,010,301	2,036,049	1,930,819	1,837,051	1,746,828	1,514,739	1,456,206	1,408,310	1,354,986	1,303,512	1,283,897	1,268,104	1,256,086	1,233,257	1,206,905	1,179,438	1,155,051	1,130,970	1,100,310	1,049,280	990,715	932,073	878,867	846,750	820,711	790,651	740,636	0	0	0	0
Tenant reimbursements
Operating Revenues
-	-	155,731	318,835	-	624,637	620,887	565,396	503,015	440,224	376,052	364,104	358,973	355,903	359,084	358,903	358,264	359,875	357,602	354,327	352,442	350,234	344,146	339,996	330,990	323,286	315,804	306,623	290,364	272,309	249,172	226,950	217,839	211,811	212,776	195,717	0	0	0	0
Fee income and other
Operating Revenues
13,665	12,885	10,807	8,800	10,259	9,765	9,265	8,940	7,499	7,403	39,901	39,756	39,578	39,482	6,447	6,525	6,823	6,638	6,629	7,782	7,699	7,268	6,712	4,635	3,897	3,520	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Digital Realty Trust, L.P.
Rental and other services
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tenant reimbursements
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fee income and other
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating revenues
3,218,063	3,209,241	3,200,045	3,162,503	3,116,625	3,046,478	2,999,656	2,840,657	2,651,727	2,457,928	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rental property operating and maintenance
1,031,332	1,020,578	1,021,549	1,008,089	986,379	957,065	927,433	871,523	815,917	759,616	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property taxes and insurance
177,547	172,183	161,097	157,263	142,230	140,918	153,737	148,799	147,070	134,995	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Insurance
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
1,143,745	1,163,774	1,188,128	1,195,367	1,203,593	1,186,896	1,175,507	1,081,464	960,787	842,464	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative
221,176	211,097	195,830	187,487	180,603	163,667	169,784	171,907	163,317	161,441	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transactions and integration
82,232	27,925	36,736	42,247	43,643	45,327	35,091	68,274	76,903	76,048	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of investments in real estate
0	5,351	5,351	5,351	5,351	0	28,992	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
9,310	14,118	13,225	14,272	7,309	2,818	7,874	3,684	3,508	3,077	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
2,665,342	2,615,026	2,621,916	2,610,076	2,569,108	2,496,691	2,455,518	2,369,427	2,193,902	2,006,633	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income
552,721	594,215	578,129	552,427	547,517	549,787	544,138	471,230	457,825	451,295	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in (loss) earnings of unconsolidated joint ventures
-80,146	8,067	6,155	34,310	34,786	32,979	29,658	26,652	27,602	25,516	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on deconsolidation, net
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on disposition of properties, net
572,452	267,651	7	26,584	40,776	80,049	110,788	93,961	80,149	40,354	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest and other income (expense), net
41,014	66,000	56,372	38,549	24,967	3,481	2,699	6,493	3,462	3,655	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
337,305	353,057	357,060	353,337	346,096	321,529	310,635	301,405	280,177	258,642	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax expense
14,911	11,995	7,883	5,489	2,976	2,084	8,472	8,534	9,052	7,901	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from early extinguishment of debt
-26,903	-39,157	-40,725	-35,359	-14,454	-1,568	1,990	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
706,922	599,221	302,492	325,182	352,017	341,115	368,176	290,387	281,799	256,267	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss (income) attributable to noncontrolling interests
-4,641	-1,640	-1,844	-654	-414	-311	3,836	3,988	4,105	4,238	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to Digital Realty Trust, Inc./Digital Realty Trust, L.P.
711,563	600,861	304,336	325,836	352,431	341,426	364,340	286,399	277,694	252,029	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred units distributions, including undeclared distributions
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock dividends, including undeclared dividends
-	-	0	0	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance costs associated with redeemed preferred stock
-	-	0	0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income available to common unitholders
624,601	514,111	217,964	235,805	270,501	260,110	283,024	208,837	199,647	176,918	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic (in dollars per share/unit)
0.91	1.52	0.24	0.15	0.46	0.14	0.33	0.32	0.42	0.23	-0.02	0.36	0.42	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (in dollars per share/unit)
0.90	1.50	0.24	0.15	0.46	0.14	0.33	0.32	0.42	0.24	-0.02	0.36	0.41	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic (shares/units)
230,442	217,378	217,375	217,346	217,039	214,664	214,289	214,288	214,009	214,210	173,460	163,077	161,474	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (shares/units)
232,753	218,675	218,755	218,497	217,756	215,168	214,937	214,895	214,802	215,479	173,460	164,026	162,599	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-