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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income $ 1,153,341 $ 362,505
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on disposition of properties, net (932,941) (451,496)
Provision for impairment   168,303
Equity in loss of unconsolidated entities 19,702 57,451
Distributions from unconsolidated entities 74,009 56,987
Depreciation and amortization 904,176 856,445
Amortization of share-based compensation 45,891 38,055
Loss on debt extinguishment and modifications   1,070
Straight-lined rents and amortization of above and below market leases (46,015) (1,699)
Amortization of deferred financing costs and debt discount / premium 15,186 18,658
Other operating activities, net 7,797 1,990
Changes in assets and liabilities:    
Increase in accounts receivable and other assets (240,721) (243,483)
Increase in accounts payable and other liabilities 39,897 60,701
Net cash provided by operating activities 1,040,322 925,487
Cash flows from investing activities:    
Improvements to investments in real estate (1,491,626) (1,314,800)
Cash paid for business combination / asset acquisitions, net of cash acquired (217,883) (69,869)
Investments in and advances to unconsolidated entities (215,292) (163,321)
Return of investment from unconsolidated entities 148,137 97,423
Proceeds from sale of assets 1,077,354 1,240,585
Other investing activities, net (42,530) (65,238)
Net cash used in investing activities (741,840) (275,220)
Cash flows from financing activities:    
Proceeds from credit facilities 821,522 715,966
Payments on credit facilities (1,958,565) (616,311)
Borrowings on secured / unsecured debt 1,868,893 46,951
Repayments on secured / unsecured debt (495,800) (877,440)
Capital (distribution to) contributions from noncontrolling interests, net 1,736 (19,244)
Proceeds from issuance of common stock, net 605,163 1,923,976
Payments of dividends and distributions (1,281,910) (1,204,304)
Other financing activities, net (23,205) 77,989
Net cash (used in) provided by financing activities (462,166) 47,583
Net (decrease) increase in cash, cash equivalents and restricted cash (163,684) 697,850
Effect of exchange rate changes on cash, cash equivalents and restricted cash (151,312) (47,086)
Cash, cash equivalents and restricted cash at beginning of period 3,876,700 1,636,470
Cash, cash equivalents and restricted cash at end of period 3,561,704 2,287,234
Digital Realty Trust, L.P.    
Cash flows from operating activities:    
Net income 1,153,341 362,505
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on disposition of properties, net (932,941) (451,496)
Provision for impairment   168,303
Equity in loss of unconsolidated entities 19,702 57,451
Distributions from unconsolidated entities 74,009 56,987
Depreciation and amortization 904,176 856,445
Amortization of share-based compensation 45,891 38,055
Loss on debt extinguishment and modifications   1,070
Straight-lined rents and amortization of above and below market leases (46,015) (1,699)
Amortization of deferred financing costs and debt discount / premium 15,186 18,658
Other operating activities, net 7,797 1,990
Changes in assets and liabilities:    
Increase in accounts receivable and other assets (240,721) (243,483)
Increase in accounts payable and other liabilities 39,897 60,701
Net cash provided by operating activities 1,040,322 925,487
Cash flows from investing activities:    
Improvements to investments in real estate (1,491,626) (1,314,800)
Cash paid for business combination / asset acquisitions, net of cash acquired (217,883) (69,869)
Investments in and advances to unconsolidated entities (215,292) (163,321)
Return of investment from unconsolidated entities 148,137 97,423
Proceeds from sale of assets 1,077,354 1,240,585
Other investing activities, net (42,530) (65,238)
Net cash used in investing activities (741,840) (275,220)
Cash flows from financing activities:    
Proceeds from credit facilities 821,522 715,966
Payments on credit facilities (1,958,565) (616,311)
Borrowings on secured / unsecured debt 1,868,893 46,951
Repayments on secured / unsecured debt (495,800) (877,440)
Capital (distribution to) contributions from noncontrolling interests, net 1,736 (19,244)
General partner contributions 605,163 1,923,976
Payments of dividends and distributions (1,281,910) (1,204,304)
Other financing activities, net (23,205) 77,989
Net cash (used in) provided by financing activities (462,166) 47,583
Net (decrease) increase in cash, cash equivalents and restricted cash (163,684) 697,850
Effect of exchange rate changes on cash, cash equivalents and restricted cash (151,312) (47,086)
Cash, cash equivalents and restricted cash at beginning of period 3,876,700 1,636,470
Cash, cash equivalents and restricted cash at end of period $ 3,561,704 $ 2,287,234