XML 77 R35.htm IDEA: XBRL DOCUMENT v3.23.2
Real Estate (Tables)
 6 Months Ended
Jun. 30, 2023
Real Estate [Abstract]  
Schedule of Components of Real Estates
The following table summarizes the Company's real estate held for investment by subsidiaries in the Operating segment.
(In thousands)June 30, 2023December 31, 2022
Land$266,148 $257,588 
Buildings and improvements1,892,008 1,573,605 
Data center infrastructure4,556,328 4,427,150 
Construction in progress377,103 395,393 
7,091,587 6,653,736 
Less: Accumulated depreciation(913,120)(732,438)
Real estate assets, net$6,178,467 $5,921,298 
Schedule of Components of Property Operating Income
Components of property operating income are as follows.
Three Months Ended June 30,Six Months Ended June 30,
(In thousands)2023202220232022
Lease income:
Fixed lease income
$178,536 $181,188 $355,956 $341,512 
Variable lease income
34,708 33,368 67,690 57,215 
213,244 214,556 423,646 398,727 
Data center service revenue20,193 19,642 39,998 37,978 
Other property operating income1,316 53 2,036 57 
$234,753 $234,251 $465,680 $436,762