Early Access

10-K/APeriod: FY2013

DIGITAL REALTY TRUST, INC. Annual Report (Amendment), Year Ended Dec 31, 2013

Filed March 4, 2014For Securities:DLRDLR-PJDLR-PKDLR-PL

Summary

This document is an amendment (10-K/A) to Digital Realty Trust, Inc.'s (DLR) 2013 annual report, filed on March 3, 2014. The amendment addresses errors and omissions from the original filing due to issues with the financial printer. Digital Realty Trust, Inc. operates as a Real Estate Investment Trust (REIT) and is the sole general partner of its operating partnership, Digital Realty Trust, L.P. The report combines disclosures for both entities, as the REIT's primary asset is its stake in the operating partnership, which holds the majority of the company's assets and conducts operations. Investors should note the combined reporting structure aims to provide a clearer view of the enterprise as a whole, while specific differences in financial statements, debt, and equity presentations between the parent REIT and the operating partnership are detailed to ensure comprehensive understanding.

Financial Statements
Beta
Revenue$1.48B
Operating Expenses$1.10B
Operating Income$381.81M
Interest Expense$189.40M
Net Income$314.49M
EPS (Basic)$2.12
EPS (Diluted)$2.12
Shares Outstanding (Basic)127.94M
Shares Outstanding (Diluted)128.13M

Key Highlights

  • 1This filing is an Amendment No. 1 to the 2013 Form 10-K, correcting errors from the original filing caused by the financial printer.
  • 2Digital Realty Trust, Inc. (REIT) and its operating partnership, Digital Realty Trust, L.P., are filing a combined report for efficiency and clarity.
  • 3The REIT's sole material asset is its ownership interest in the operating partnership, which holds the company's operational assets.
  • 4The filing details differences in financial statement presentations, debt, and equity between the parent REIT and the operating partnership.
  • 5Digital Realty Trust, Inc. is a well-known seasoned issuer, while its operating partnership is not.
  • 6As of February 20, 2014, Digital Realty Trust, Inc. had 128,442,327 shares of common stock outstanding.

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