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SEC Filings

10-Q
EQUINIX INC filed this Form 10-Q on 11/02/2018
Entire Document
 
EQUINIX, INC.
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS – (Continued)
(Unaudited)

Maturities of Capital Lease and Other Financing Obligations
The Company's capital lease and other financing obligations are summarized as follows (in thousands):
 
Capital Lease
Obligations
 
Other
Financing
Obligations (1)
 
Total
2018 (3 months remaining)
$
30,616

 
$
26,131

 
$
56,747

2019
95,623

 
70,531

 
166,154

2020
95,667

 
70,308

 
165,975

2021
93,735

 
71,216

 
164,951

2022
93,398

 
71,382

 
164,780

Thereafter
840,407

 
707,111

 
1,547,518

Total minimum lease payments
1,249,446

 
1,016,679

 
2,266,125

Plus amount representing residual property value

 
453,757

 
453,757

Less amount representing interest
(514,003
)
 
(721,400
)
 
(1,235,403
)
Present value of net minimum lease payments
735,443

 
749,036

 
1,484,479

Less current portion
(43,271
)
 
(54,948
)
 
(98,219
)
Total
$
692,172

 
$
694,088

 
$
1,386,260

 
(1)     Other financing obligations are primarily related to build-to-suit arrangements. 
Operating Leases
Minimum future operating lease payments as of September 30, 2018 are summarized as follows (in thousands):
Years ending:
 
2018 (3 months remaining)
$
48,596

2019
187,318

2020
177,240

2021
165,351

2022
157,565

Thereafter
1,252,186

Total
$
1,988,256


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