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Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2019
Business Combinations [Abstract]  
Schedule of Business Acquisition, Pro Forma Information
The unaudited consolidated pro forma financial information (the "Pro Forma Financial Information") below summarizes the combined results of us and IODC on a pro forma basis as if the IODC Transaction had occurred on January 1, 2017. The Pro Forma Financial Information is presented for informational purposes and is not necessarily indicative of the results of operations that would have been achieved if the acquisition had taken place on January 1, 2017. The Pro Forma Financial Information for the period presented includes purchase accounting adjustments (including amortization expenses from acquired intangible assets and depreciation of acquired property, plant and equipment). We and IODC collectively incurred $28,064 of operating expenditures to complete the IODC Transaction (including advisory and professional fees). These operating expenditures have been reflected within the results of operations in the Pro Forma Financial Information as if they were incurred on January 1, 2017.
 
(Unaudited)
 
Year Ended December 31,
 
2018
 
2017
Total Revenues
$
4,229,251

 
$
3,983,016

Income from Continuing Operations
$
377,510

 
$
110,677

Per Share Income from Continuing Operations - Basic
$
1.32

 
$
0.39

Per Share Income from Continuing Operations - Diluted
$
1.31

 
$
0.39
Schedule of recognized identified assets acquired and liabilities assumed
A summary of the cumulative consideration paid and the allocation of the purchase price paid for all of our acquisitions in each respective year is as follows:
 
2019
 
2018
 
2017
 
Total
 
IODC Transaction
 
Other Fiscal Year 2018 Acquisitions
 
Total
 
Total
Cash Paid (gross of cash acquired)(1)
$
53,230

 
$
1,347,046

 
$
432,078

 
$
1,779,124

 
$
234,314

Purchase Price Holdbacks and Other(2)
4,135

 
—

 
35,218

 
35,218

 
20,093

Fair Value of Common Stock Issued
—

 
—

 
—

 
—

 
83,014

Fair Value of Noncontrolling Interests
—

 
—

 
—

 
—

 
1,507

Total Consideration
57,365

 
1,347,046

 
467,296

 
1,814,342

 
338,928

Fair Value of Identifiable Assets Acquired:
 
 
 
 
 
 
 
 
 
Cash
2,260

 
34,307

 
10,227

 
44,534

 
14,746

Accounts Receivable, Prepaid Expenses and Other Assets
3,102

 
7,070

 
17,662

 
24,732

 
24,379

Property, Plant and Equipment(3)
5,396

 
863,027

 
225,848

 
1,088,875

 
150,878

Customer Relationship Intangible Assets(4)
22,071

 
—

 
44,622

 
44,622

 
116,028

Operating Lease Right-of-Use Assets
16,956

 
—

 
—

 
—

 
—

Data Center In-Place Leases(5)
—

 
104,340

 
36,130

 
140,470

 
6,300

Data Center Tenant Relationships(6)
—

 
77,362

 
18,410

 
95,772

 
—

Data Center Above-Market Leases(7)
—

 
16,439

 
2,381

 
18,820

 
—

Other Intangible Assets
—

 
—

 
—

 
—

 
14,487

Debt Assumed
—

 
—

 
(12,312
)
 
(12,312
)
 
(5,287
)
Accounts Payable, Accrued Expenses and Other Liabilities
(3,233
)
 
(36,230
)
 
(17,206
)
 
(53,436
)
 
(24,869
)
Operating Lease Liabilities
(16,956
)
 
—

 
—

 
—

 
—

Deferred Income Taxes
(1,813
)
 
—

 
(43,218
)
 
(43,218
)
 
(18,122
)
Data Center Below-Market Leases(7)
—

 
(11,421
)
 
(694
)
 
(12,115
)
 
—

Total Fair Value of Identifiable Net Assets Acquired
27,783

 
1,054,894

 
281,850

 
1,336,744

 
278,540

Goodwill Initially Recorded(8)
$
29,582

 
$
292,152

 
$
185,446

 
$
477,598

 
$
60,388

_______________________________________________________________________________

(1)
Included in cash paid for acquisitions in our Consolidated Statement of Cash Flows for the year ended December 31, 2019 is net cash acquired of $2,260 and contingent and other payments, net of $7,267 related to acquisitions made in years prior to 2019. Included in cash paid for acquisitions in our Consolidated Statement of Cash Flows for the year ended December 31, 2018 is net cash acquired of $44,534 and contingent and other payments, net of $23,967 related to acquisitions made in years prior to 2018. Included in cash paid for acquisitions in our Consolidated Statement of Cash Flows for the year ended December 31, 2017 is net cash acquired of $14,746 and contingent and other payments, net of $137 related to acquisitions made in years prior to 2017.
(2)
Purchase price holdbacks and other includes $18,824 purchase price accrued for the EvoSwitch Transaction in 2018 and $16,771 purchase price accrued for the Santa Fe China Transaction in 2017.
(3)
Consists primarily of buildings, building improvements, leasehold improvements, data center infrastructure, racking structures, warehouse equipment and computer hardware and software.
(4)
The weighted average lives of customer relationship intangible assets associated with acquisitions in 2019, 2018 and 2017 was 16 years, 10 years and 12 years, respectively.
(5)
The weighted average lives of data center in-place leases associated with acquisitions in 2018 was six years.
(6)
The weighted average lives of data center tenant relationships associated with acquisitions in 2018 was nine years.
(7)
The weighted average lives of data center above-market leases associated with acquisitions in 2018 was three years and the weighted average lives of data center below-market leases associated with acquisitions in 2018 was seven years.
(8)
The goodwill associated with acquisitions, including IODC, is primarily attributable to the assembled workforce, expanded market opportunities and costs and other operating synergies anticipated upon the integration of the operations of us and the acquired businesses.