Summary
Digital Realty Trust, Inc. (DLR) filed its 2010 Form 10-K on February 25, 2011. This report details the company's operations as a real estate investment trust (REIT) specializing in data center properties. The filing combines reports for both the parent corporation (Digital Realty Trust, Inc.) and its operating partnership (Digital Realty Trust, L.P.) for enhanced investor understanding. As of December 31, 2010, Digital Realty Trust, Inc. held a significant ownership stake in the operating partnership, which conducts the majority of the business operations and holds the company's assets and joint ventures. The report outlines the company's business and risk factors, along with financial statements and management's discussion and analysis. Investors should note the company's corporate structure, where the REIT (Inc.) acts as the general partner for the operating partnership (L.P.), which holds most assets and liabilities. Key financial information and contractual agreements, including various debt instruments and credit facilities, are referenced in the exhibit index, providing insight into the company's capital structure and financing strategies during the 2010 fiscal year.
Financial Highlights
31 data points| Revenue | $865.40M |
| Operating Expenses | $623.10M |
| Operating Income | $242.31M |
| Interest Expense | $137.38M |
| Net Income | $102.29M |
| EPS (Basic) | $0.69 |
| EPS (Diluted) | $0.68 |
| Shares Outstanding (Basic) | 84.28M |
| Shares Outstanding (Diluted) | 86.01M |
Key Highlights
- 1The 10-K report combines the filings of Digital Realty Trust, Inc. (the REIT) and its operating partnership (Digital Realty Trust, L.P.) to provide a consolidated view of the business for investors.
- 2Digital Realty Trust, Inc. functions as the sole general partner of Digital Realty Trust, L.P., which holds substantially all of the company's assets and conducts its operations.
- 3The company is structured as a Real Estate Investment Trust (REIT), focusing on data center properties.
- 4The filing includes a comprehensive overview of the company's properties and associated risk factors.
- 5Key financial data and detailed Management's Discussion and Analysis (MD&A) of Financial Condition and Results of Operations are provided.
- 6The exhibit index lists various material agreements, including debt indentures, credit facilities, and purchase agreements, indicating significant financing and acquisition activities.
- 7Certifications from the CEO and CFO for both entities regarding internal controls and financial reporting are included, as mandated by SEC regulations.