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Segment Information | 12 Months Ended
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Dec. 31, 2020
Segment Reporting [Abstract] |
Segment Information | Segment Information While the Company has one primary line of business, which is the design, build-out and operation of IBX data centers, it has determined that it has three reportable segments comprised of its Americas, EMEA and Asia-Pacific geographic regions. The Company's chief operating decision-maker evaluates performance, makes operating decisions and allocates resources based on the Company's revenues and adjusted EBITDA performance both on a consolidated basis and based on these three reportable segments. The following tables present revenue information disaggregated by service lines and geographic areas (in thousands):
| Twelve Months Ended December 31, 2020
| Americas (2) |  | EMEA |  | Asia-Pacific |  | Total
Colocation (1) | $ | 1,820,709 |  |  | $ | 1,504,770 |  |  | $ | 933,522 |  |  | $ | 4,259,001 |
Interconnection | 622,327 |  |  | 213,490 |  |  | 187,441 |  |  | 1,023,258 |
Managed infrastructure | 120,159 |  |  | 127,722 |  |  | 89,464 |  |  | 337,345 |
Other (1) | 19,605 |  |  | 18,738 |  |  | 83 |  |  | 38,426 |
Recurring revenues | 2,582,800 |  |  | 1,864,720 |  |  | 1,210,510 |  |  | 5,658,030 |
Non-recurring revenues | 124,958 |  |  | 131,669 |  |  | 83,888 |  |  | 340,515 |
Total | $ | 2,707,758 |  |  | $ | 1,996,389 |  |  | $ | 1,294,398 |  |  | $ | 5,998,545 |
(1) Includes some leasing and hedging activities. (2) Includes revenues of $2.5 billion attributed to the U.S.
| Twelve Months Ended December 31, 2019
| Americas (2) |  | EMEA |  | Asia-Pacific |  | Total
Colocation (1) | $ | 1,769,654 |  |  | $ | 1,395,544 |  |  | $ | 857,009 |  |  | $ | 4,022,207 |
Interconnection | 576,709 |  |  | 161,552 |  |  | 155,328 |  |  | 893,589 |
Managed infrastructure | 90,262 |  |  | 113,631 |  |  | 88,735 |  |  | 292,628 |
Other (1) | 19,743 |  |  | 10,019 |  |  | — |  |  | 29,762 |
Recurring revenues | 2,456,368 |  |  | 1,680,746 |  |  | 1,101,072 |  |  | 5,238,186 |
Non-recurring revenues | 131,359 |  |  | 125,698 |  |  | 66,897 |  |  | 323,954 |
Total | $ | 2,587,727 |  |  | $ | 1,806,444 |  |  | $ | 1,167,969 |  |  | $ | 5,562,140 |
(1) Includes some leasing and hedging activities. (2) Includes revenues of $2.4 billion attributed to the U.S.
| Twelve Months Ended December 31, 2018
| Americas (2) |  | EMEA |  | Asia-Pacific |  | Total
Colocation (1) | $ | 1,732,998 |  |  | $ | 1,201,769 |  |  | $ | 735,404 |  |  | $ | 3,670,171 |
Interconnection | 532,163 |  |  | 138,874 |  |  | 130,928 |  |  | 801,965 |
Managed infrastructure | 75,595 |  |  | 118,685 |  |  | 85,352 |  |  | 279,632 |
Other (1) | 16,570 |  |  | 8,164 |  |  | — |  |  | 24,734 |
Recurring revenues | 2,357,326 |  |  | 1,467,492 |  |  | 951,684 |  |  | 4,776,502 |
Non-recurring revenues | 127,408 |  |  | 95,145 |  |  | 72,599 |  |  | 295,152 |
Total | $ | 2,484,734 |  |  | $ | 1,562,637 |  |  | $ | 1,024,283 |  |  | $ | 5,071,654 |
(1) Includes some leasing and hedging activities. (2) Includes revenues of $2.3 billion attributed to the U.S. No single customer accounted for 10% or greater of the Company's accounts receivable or revenues for the year ended December 31, 2020, 2019, and 2018. The Company defines adjusted EBITDA as income from operations excluding depreciation, amortization, accretion, stock-based compensation expense, restructuring charges, impairment charges, transaction costs and gain on asset sales as presented below for the years ended December 31 (in thousands):
| 2020 |  | 2019 |  | 2018
Adjusted EBITDA: |  |  |  |  |
Americas | $ | 1,186,022 |  |  | $ | 1,237,622 |  |  | $ | 1,183,831 |
EMEA | 974,246 |  |  | 827,980 |  |  | 698,280 |
Asia-Pacific | 692,630 |  |  | 622,125 |  |  | 531,129 |
Total adjusted EBITDA | 2,852,898 |  |  | 2,687,727 |  |  | 2,413,240 |
Depreciation, amortization and accretion expense | (1,427,010) |  |  | (1,285,296) |  |  | (1,226,741) |
Stock-based compensation expense | (311,020) |  |  | (236,539) |  |  | (180,716) |
Transaction costs | (55,935) |  |  | (24,781) |  |  | (34,413) |
Impairment charges | (7,306) |  |  | (15,790) |  |  | — |
Gain on asset sales | 1,301 |  |  | 44,310 |  |  | 6,013 |
Income from operations | $ | 1,052,928 |  |  | $ | 1,169,631 |  |  | $ | 977,383 |
The Company provides the following segment disclosures related to its operations as follows for the years ended December 31 (in thousands):
| 2020 |  | 2019 |  | 2018
Depreciation and amortization: |  |  |  |  |
Americas | $ | 729,611 |  |  | $ | 669,498 |  |  | $ | 636,214 |
EMEA | 389,332 |  |  | 353,765 |  |  | 355,895 |
Asia-Pacific | 304,426 |  |  | 261,574 |  |  | 235,380 |
Total | $ | 1,423,369 |  |  | $ | 1,284,837 |  |  | $ | 1,227,489 |
Capital expenditures: |  |  |  |  |
Americas | $ | 866,989 |  |  | $ | 805,360 |  |  | $ | 773,514 |
EMEA | 888,239 |  |  | 733,326 |  |  | 884,790 |
Asia-Pacific | 527,276 |  |  | 540,835 |  |  | 437,870 |
Total | $ | 2,282,504 |  |  | $ | 2,079,521 |  |  | $ | 2,096,174 |
The Company's long-lived assets, including property, plant and equipment, net and operating lease right-of-use assets, are located in the following geographic areas as of December 31 (in thousands):
| 2020 |  | 2019
Americas (1) | $ | 6,429,861 |  |  | $ | 5,400,287 |
EMEA | 5,002,271 |  |  | 4,051,701 |
Asia-Pacific | 3,070,952 |  |  | 2,700,609 |
Total Property, plant and equipment, net | $ | 14,503,084 |  |  | $ | 12,152,597 |
(1)Includes $5.2 billion and $4.8 billion, respectively, of property, plant and equipment, net attributed to the U.S. as of December 31, 2020 and 2019.
| 2020 |  | 2019
Americas (1) | $ | 363,515 |  |  | $ | 387,598 |
EMEA | 547,547 |  |  | 521,129 |
Asia-Pacific | 563,995 |  |  | 566,640 |
Total Operating lease right-of-use assets | $ | 1,475,057 |  |  | $ | 1,475,367 |
(1)Includes $334.7 million and $373.7 million of operating lease ROU assets attributed to the U.S. as of December 31, 2020 and 2019, respectively.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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