XML 51 R36.htm IDEA: XBRL DOCUMENT v3.23.2

Incentive Plans (Tables)

6 Months Ended

Jun. 30, 2023

Incentive Plans

Market Performance Based Awards

​

​	​	​	​	​
​	​	​	Market
​	​	​	Performance
​	RMS Relative	​	Vesting
Level	Market Performance	​	Percentage
Below Threshold Level	≤ -500 basis points	​	0	%
Threshold Level	-500 basis points	​	25	%
Target Level	0 basis points	​	50	%
High Level	≥ 500 basis points	​	100	%

Schedule of compensation expense and unearned compensation

Below is a summary of our compensation expense and our unearned compensation (in millions):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Expected

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

period to

​

​

Deferred Compensation

​

Unearned Compensation

recognize

​

​

Expensed

​

Capitalized

​

As of

​

As of

unearned

​

Three Months Ended June 30,

June 30,

​

December 31,

compensation

Type of incentive award

2023

2022

2023

2022

2023

2022

(in years)

Long-term incentive units

​

$

3.6

​

$

6.4

​

$

—

​

$

—

​

$

23.2

​

$

20.7

2.4

Performance-based awards

​

1.3

​

5.6

​

0.1

​

0.1

​

31.2

​

30.3

2.5

Service-based restricted stock units

​

8.3

​

6.8

​

1.4

​

1.4

​

0.4

​

55.4

2.9

Interxion awards

​

​

0.6

​

​

1.1

​

​

—

​

​

—

​

​

84.0

​

​

1.9

​

0.4

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Six Months Ended June 30,

​

​

​

​

​

​

​

​

2023

2022

2023

2022

​

​

​

​

​

​

​

Long-term incentive units

​

$

6.4

​

$

11.6

​

$

—

​

$

0.1

​

​

​

​

​

​

​

​

Performance-based awards

​

5.4

​

10.6

​

0.1

​

0.3

​

​

​

​

​

​

​

​

Service-based restricted stock units

​

​

16.0

​

​

12.1

​

​

2.5

​

​

2.4

​

​

​

​

​

​

​

​

Interxion awards

​

1.3

​

2.0

​

—

​

—

​

​

​

​

​

​

​

​

​

Summary of Long-Term Incentive Unit Activity

​

​	​	​	​	​	​
​		​		Weighted-Average
​	​	​		Grant Date Fair
Unvested LTIP Units	​	Units		Value
Unvested, beginning of period		279,258	​	$	146.37
Granted		165,015	​		99.54
Vested		(152,278)	​		126.71
Cancelled or expired		(38,063)	​		136.30
Unvested, end of period		253,932	​	$	129.23

Summary of Restricted Stock Activity

​

​	​	​	​	​	​
​	​	​	​	Weighted-Average
​	​	​		Grant Date Fair
Unvested Restricted Stock Units		Shares		Value
Unvested, beginning of period		507,837	​	$	131.57
Granted		498,648	​		100.51
Vested		(180,853)	​		121.95
Cancelled or expired		(39,154)	​		116.92
Unvested, end of period		786,478	​	$	114.82

X

- Definition

Schedule of Share-based Compensation, Performance Based Awards

+ References

No definition available.

+ Details

Name:	dlr_ScheduleOfShareBasedCompensationPerformanceBasedAwardsTableTextBlock
Namespace Prefix:	dlr_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of an equity-based arrangement (such as stock or unit options and stock or unit awards) with an individual employee, which is generally an employment contract between the entity and a selected officer or key employee containing a promise by the employer to pay certain equity-based awards at future dates, sometimes including a period after retirement, upon compliance with stipulated requirements. This type of arrangement is distinguished from broader based employee benefit plans as it is usually tailored to the employee. Disclosure also typically includes the amount of related compensation expense recognized during the reporting period, the number of shares or units issued during the period under such arrangements, and the carrying amount as of the balance sheet date of the related liability.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 710
-SubTopic 10
-Name Accounting Standards Codification
-Section 30
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483043/710-10-30-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-1

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 710
-SubTopic 10
-Section 55
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482943/710-10-55-8

+ Details

Name:	us-gaap_ScheduleOfDeferredCompensationArrangementWithIndividualShareBasedPaymentsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the changes in outstanding nonvested performance-based units.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfNonvestedPerformanceBasedUnitsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration