10-KPeriod: FY2012

DIGITAL REALTY TRUST, INC. Annual Report, Year Ended Dec 31, 2012

Filed February 28, 2013For Securities:DLRDLR-PJDLR-PKDLR-PL

Summary

Digital Realty Trust, Inc. (DLR) filed its 2012 Form 10-K on February 27, 2013, reporting on its fiscal year ending December 31, 2012. The report consolidates the financial information of Digital Realty Trust, Inc. (the REIT) and its operating partnership, Digital Realty Trust, L.P. The company operates as a real estate investment trust primarily focused on data center properties. As of year-end 2012, DLR maintained a substantial market capitalization, indicating significant investor interest in its data center and colocation services. The filing highlights DLR's operational structure as a REIT that manages its assets through a limited partnership. This structure is presented to provide investors with a clear view of the combined business operations. The report indicates a focus on continued growth and operational efficiency within the data center industry, a sector experiencing increasing demand for critical infrastructure.

Financial Highlights

31 data points
Beta

Revenue

$1.28B

Net Income

$210.33M

16.4% Net Margin

EPS (Diluted)

$1.48

Total Assets

$8.82B

Cash & Equivalents

$52.47M

Free Cash Flow

$542.95M

Financial Statements
Beta
Revenue$1.28B
Operating Expenses$912.99M
Operating Income$366.08M
Interest Expense$157.11M
Net Income$210.33M
EPS (Basic)$1.48
EPS (Diluted)$1.48
Shares Outstanding (Basic)115.72M
Shares Outstanding (Diluted)116.01M

Key Highlights

  • 1Digital Realty Trust, Inc. is a real estate investment trust (REIT) operating through its consolidated subsidiary, Digital Realty Trust, L.P., which holds the company's assets and conducts its operations.
  • 2The company's stock was publicly traded on the New York Stock Exchange, with a market capitalization of approximately $8.3 billion as of June 30, 2012.
  • 3The filing covers the fiscal year ended December 31, 2012, and includes consolidated financial statements for both the REIT and its operating partnership.
  • 4DLR's business is centered around data center properties, providing critical infrastructure for various technology needs.
  • 5The report references an acquisition in the UK through Sentrum Holdings Limited, indicating expansionary activities in the period.
  • 6The company has a variety of debt instruments, including senior debentures and notes, with various maturity dates and interest rates, as detailed in the exhibits.
  • 7The filing emphasizes the combined reporting structure to enhance investor understanding of the integrated business operations.

Frequently Asked Questions

Digital Realty Trust, Inc. is a real estate investment trust (REIT) that owns, operates, and develops data center facilities. These facilities provide essential infrastructure for a wide range of businesses requiring secure and reliable space for their IT operations, including co-location, interconnection, and cloud services.

The company's financial reporting consolidates Digital Realty Trust, Inc. (the REIT) with its operating partnership, Digital Realty Trust, L.P. This means the 10-K provides a combined view of the financial performance and position of both entities, as the REIT's primary asset is its ownership interest in the operating partnership, which holds the majority of the company's assets and conducts its business operations.

While the full financial details and specific operational highlights would be in the full financial statements and Management's Discussion and Analysis (MD&A) sections not fully provided here, the exhibit list mentions an acquisition in the UK via Sentrum Holdings Limited. This suggests expansionary activities during the 2012 fiscal year, likely aimed at increasing the company's global footprint and data center portfolio.

Based on the provided exhibit list, Digital Realty Trust, Inc. and its operating partnership utilize various forms of debt, including revolving credit facilities, term loans, senior debentures, and secured notes. They also have preferred stock series (Series E and F) listed on the NYSE.