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Related Party Transactions (Tables) | 12 Months Ended
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Dec. 31, 2023
Related Party Transactions [Abstract] |
Schedule 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 |  | 2023 |  | 2022 |  | 2021
EMEA 1 Joint Venture |  | Revenues |  | $ | 28,962 |  |  | $ | 39,065 |  |  | $ | 42,387 |
EMEA 1 Joint Venture |  | Expenses (1) |  | 16,900 |  |  | 7,686 |  |  | 8,303 |
VIE Joint Ventures (2) |  | Revenues |  | 106,665 |  |  | 40,284 |  |  | 28,320 |
(1)Balances primarily consist of rent expenses for a 15-year sub-lease agreement with the EMEA 1 Joint Venture for a London data center. (2)Expenses from transactions with VIE Joint Ventures were insignificant for the years ended December 31, 2023, 2022 and 2021. 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 |  | 2023 |  | 2022
EMEA 1 Joint Venture |  | Accounts receivable, net |  | $ | 18,946 |  |  | $ | 25,717 |
| Other current assets (1) |  | 19,099 |  |  | 55,473 |
| Property, plant and equipment, net (2) |  | 97,436 |  |  | 100,968 |
| Operating lease right-of-use assets |  | 1,921 |  |  | — |
| Other current liabilities |  | 9,182 |  |  | 1,857 |
| Finance lease liabilities |  | 110,677 |  |  | 108,603 |
| Operating lease liabilities |  | 1,954 |  |  | — |
| Other liabilities (3) |  | 50,002 |  |  | 33,773 |
VIE Joint Ventures |  | Accounts receivable, net |  | 23,020 |  |  | 14,076 |
| Other current assets (1) |  | 42,829 |  |  | 11,140 |
| Property, plant and equipment, net (2) |  | 72,113 |  |  | — |
| Operating lease right-of-use assets |  | 1,788 |  |  | — |
| Other assets (1) |  | 20,624 |  |  | — |
| Other current liabilities |  | 5,774 |  |  | — |
| Finance lease liabilities |  | 75,061 |  |  | — |
| Operating lease liabilities |  | 1,700 |  |  | — |
(1)The balance primarily relates to contract assets and other receivables. (2)The balance relates to finance lease right-of-use assets. (3)The balance primarily relates to the obligation to pay for future construction for certain sites sold as a part of the EMEA 1 Joint Venture transaction. Our activity of other related party transactions was as follows (in thousands):
| Years ended December 31,
| 2023 |  | 2022 |  | 2021
Revenues | $ | 309,509 |  |  | $ | 236,464 |  |  | $ | 140,947 |
Costs and services | 37,945 |  |  | 58,932 |  |  | 5,337 |
| As of December 31,
| 2023 |  | 2022
Accounts receivable, net | $ | 33,405 |  |  | $ | 25,990 |
Accounts payable | 45 |  |  | 665 |

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- 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
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