XML 85 R45.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Related Party Transactions (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Related Party Transactions [Abstract] |
Summary of related party transactions | The following table presents the revenues and expenses from these arrangements with the Joint Ventures in our consolidated statements of operations (in thousands):
|  |  |  | Years Ended December 31,
Related Party |  | Nature of Transaction |  | 2021 |  | 2020 |  | 2019
EMEA 1 Joint Venture |  | Revenues |  | $ | 42,387 |  |  | $ | 21,306 |  |  | $ | 3,707 |
EMEA 1 Joint Venture |  | Expenses (1) |  | 8,303 |  |  | 14,935 |  |  | 2,076 |
Asia-Pacific 1 Joint Venture |  | Revenues |  | 21,223 |  |  | 588 |  |  | — |
EMEA 2 Joint Venture |  | Revenues |  | 7,097 |  |  | — |  |  | — |
(1)We have a sub-lease agreement with the EMEA 1 Joint Venture to sub-lease a portion of London ("LD") 10-2 data center or former LD10 data center, for a total of 15 years. Balances primarily consist of rent expenses for the LD10-2 data center. The following table presents the assets and liabilities from related party transactions with the Joint Ventures in our consolidated balance sheets (in thousands):
|  |  |  |  |  |  |  | As of December 31,
Related Party |  | Balance Sheet Line Item |  | 2021 |  | 2020
EMEA 1 Joint Venture |  | Receivables |  | $ | 32,077 |  |  | $ | 6,459 |
| Contract Assets (1) |  | 54,503 |  |  | 5,614 |
| Finance Lease R ight of Use Assets |  | 118,817 |  |  | 127,197 |
| Other Liabilities and Payables (2) |  | 2,483 |  |  | 17,646 |
| Other Liabilities and Payables - construction obligation (3) |  | 39,382 |  |  | 55,607 |
| Deferred Revenue |  | 16,886 |  |  | — |
| Finance Lease R ight of Use Liabilities |  | 124,918 |  |  | 130,756 |
Asia- Pacific 1 Joint Venture |  | Receivables |  | 2,124 |  |  | 16,936 |
| Payables |  | 121 |  |  | — |
EMEA 2 Joint Venture |  | Receivables |  | 26,953 |  |  | — |
| Contract Assets |  | 1,492 |  |  | — |
| Payables |  | 1,755 |  |  | — |
(1)A portion of the EMEA 1 Joint Venture contract asset balance relates to commitments to complete a residual portion of the Paris 9 data center sold to the EMEA 1 Joint Venture, which is reimbursable in full upon completion. (2)Balance as of December 31, 2021 primarily pertained to commercial service agreements. Balance as of December 31, 2020 pertained to the lease agreement in place for the construction of the Frankfurt 9 xScale data center. As of December 31, 2021 the lease has commenced and was accounted as a sale-type lease. (3)Balances primarily relate to obligations to pay for future construction for certain sites sold as a part of the EMEA 1 Joint Venture transaction. The prior year amounts presented in the table above have been reclassified to conform with the current year presentation. Our activity of other related party transactions was as follows (in thousands):
| Years ended December 31,
| 2021 |  | 2020 |  | 2019
Revenues | $ | 140,947 |  |  | $ | 95,264 |  |  | $ | 25,905 |
Costs and services | 5,337 |  |  | 10,849 |  |  | 15,844 |
| As of December 31,
| 2021 |  | 2020
Accounts receivable | $ | 27,997 |  |  | $ | 6,519 |
Accounts payable | 20 |  |  | — |

X
- References No definition available. + Details
Name: | us-gaap_RelatedPartyTransactionsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
Name: | us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration