DigitalBridge (DBRG) 10-K 28 Feb 22 2021 FY Annual report Financial data

Cover

Cover - USD ($) $ in Billions	12 Months Ended
	Dec. 31, 2021	Feb. 21, 2022	Jun. 30, 2021
Entity Information [Line Items]
Document Type	10-K
Document Quarterly Report	true
Document Period End Date	Dec. 31, 2021
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	001-37980
Entity Registrant Name	DigitalBridge Group, Inc.
Entity Incorporation, State or Country Code	MD
Entity Tax Identification Number	46-4591526
Entity Address, Address Line One	750 Park of Commerce Drive
Entity Address, Address Line Two	Suite 210
Entity Address, City or Town	Boca Raton
Entity Address, State or Province	FL
Entity Address, Postal Zip Code	33487
City Area Code	561
Local Phone Number	570-4644
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 3.8
Documents Incorporated by Reference	DOCUMENTS INCORPORATED BY REFERENCE Portions of the Company’s Proxy Statement with respect to its 2021 Annual Meeting of Stockholders to be filed not later than 120 days after the end of the Company’s fiscal year ended December 31, 2021 are incorporated by reference into Part III of this Annual Report on Form 10-K.
Entity Central Index Key	0001679688
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
Amendment Flag	false
Class A Common Stock
Entity Information [Line Items]
Title of 12(b) Security	Class A Common Stock, $0.01 par value
Trading Symbol	DBRG
Security Exchange Name	NYSE
Entity Common Stock, Shares Outstanding		568,926,178
Series H
Entity Information [Line Items]
Title of 12(b) Security	Preferred Stock, 7.125% Series H Cumulative Redeemable, $0.01 par value
Trading Symbol	DBRG.PRH
Security Exchange Name	NYSE
Series I
Entity Information [Line Items]
Title of 12(b) Security	Preferred Stock, 7.15% Series I Cumulative Redeemable, $0.01 par value
Trading Symbol	DBRG.PRI
Security Exchange Name	NYSE
Series J
Entity Information [Line Items]
Title of 12(b) Security	Preferred Stock, 7.125% Series J Cumulative Redeemable, $0.01 par value
Trading Symbol	DBRG.PRJ
Security Exchange Name	NYSE
Class B Common Stock
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		665,978

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2021
Audit Information [Abstract]
Auditor Name	Ernst & Young LLP
Auditor Firm ID	42
Auditor Location	Los Angeles, California

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Assets
Cash and cash equivalents	$ 1,602,102	$ 703,544
Restricted cash	99,121	67,772
Real estate, net	4,972,284	4,451,864
Loans receivable (at fair value)	173,921	36,798
Equity investments ($201,912 and $247,025 at fair value)	935,153	792,996
Goodwill	761,368	761,368
Deferred leasing costs and intangible assets, net	1,187,627	1,340,760
Assets held for disposition	3,676,615	11,237,319
Other assets ($944 and $99 at fair value)	740,395	784,912
Due from affiliates	49,230	23,227
Total assets	14,197,816	20,200,560
Liabilities
Debt, net	4,860,402	3,930,989
Accrued and other liabilities ($0 and $128,057 at fair value)	928,042	1,034,883
Intangible liabilities, net	33,301	39,788
Liabilities related to assets held for disposition	3,088,699	7,886,516
Dividends and distributions payable	15,759	18,516
Total liabilities	8,926,203	12,910,692
Commitments and contingencies (Note 21)
Redeemable noncontrolling interests	359,223	305,278
Stockholders’ equity:
Preferred stock, $0.01 par value per share; $883,500 and $1,033,750 liquidation preference; 250,000 shares authorized; 35,340 and 41,350 shares issued and outstanding	854,232	999,490
Additional paid-in capital	7,820,807	7,570,473
Accumulated deficit	(6,576,180)	(6,195,456)
Accumulated other comprehensive income	42,383	122,123
Total stockholders’ equity	2,146,934	2,501,471
Noncontrolling interests in investment entities	2,653,173	4,327,372
Noncontrolling interests in Operating Company	112,283	155,747
Total equity	4,912,390	6,984,590
Total liabilities, redeemable noncontrolling interests and equity	14,197,816	20,200,560
Class A Common Stock
Stockholders’ equity:
Common stock, $0.01 par value per share	5,685	4,834
Class B Common Stock
Stockholders’ equity:
Common stock, $0.01 par value per share	$ 7	$ 7

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Thousands, $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Equity and debt investments, fair value disclosure	$ 201,912	$ 247,025
Other assets, fair value	944	99
Accrued and other liabilities, at fair value	$ 0	$ 128,057
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, liquidation preference	$ 883,500	$ 1,033,750
Preferred stock, shares authorized (in shares)	250,000	250,000
Preferred stock, shares issued (in shares)	35,340	41,350
Preferred stock, shares outstanding (in shares)	35,340	41,350
Class A Common Stock
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	949,000	949,000
Common stock, shares issued (in shares)	568,577	483,406
Common stock, shares outstanding (in shares)	568,577	483,406
Class B Common Stock
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	1,000	1,000
Common stock, shares issued (in shares)	666	734
Common stock, shares outstanding (in shares)	666	734

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Revenues
Interest income	$ 8,791	$ 7,206	$ 3,345
Total revenues	965,799	416,430	61,033
Expenses
Property operating expense	316,178	119,834	2,197
Interest expense	186,949	120,829	41,191
Investment expense	28,257	13,551	11,187
Transaction-related costs	5,781	5,282	3,971
Depreciation and amortization	539,695	241,020	18,251
Impairment loss	0	25,079	649
Compensation expense—cash and equity-based	235,985	176,152	85,476
Compensation expense—incentive fee and carried interest	65,890	1,906	0
Administrative expenses	109,490	78,766	65,151
Settlement loss	0	5,090	0
Total expenses	1,488,225	787,509	228,073
Other income (loss)
Other loss, net	(21,412)	(6,493)	(175,910)
Equity method earnings (losses)	127,270	(273,288)	(217,153)
Equity method earnings—carried interest	99,207	12,709	0
Loss from continuing operations before income taxes	(317,361)	(638,151)	(560,103)
Income tax benefit	100,538	47,063	10,615
Loss from continuing operations	(216,823)	(591,088)	(549,488)
Income (loss) from discontinued operations	(600,088)	(3,199,322)	400,573
Net loss	(816,911)	(3,790,410)	(148,915)
Net income (loss) attributable to noncontrolling interests:
Redeemable noncontrolling interests	34,677	616	2,559
Investment entities	(500,980)	(812,547)	990,360
Operating Company	(40,511)	(302,720)	(93,027)
Net loss attributable to DigitalBridge Group, Inc.	(310,097)	(2,675,759)	(1,048,807)
Preferred stock redemption (Note 9)	4,992	0	(5,150)
Preferred stock dividends	70,627	75,023	108,550
Net loss attributable to common stockholders	$ (385,716)	$ (2,750,782)	$ (1,152,207)
Loss per share—basic
Loss from continuing operations per common share - basic (in dollars per share)	$ (0.30)	$ (1.08)	$ (1.28)
Net loss attributable to common stockholders per common share - basic (in dollars per share)	(0.78)	(5.81)	(2.41)
Loss per share—diluted
Loss from continuing operations per common share - diluted (in dollars per share)	(0.30)	(1.08)	(1.28)
Net loss attributable to common stockholders per common share - diluted (in dollars per share)	$ (0.78)	$ (5.81)	$ (2.41)
Weighted average number of shares
Basic (in shares)	491,456	473,558	479,588
Diluted (in shares)	491,456	473,558	479,588
Affiliated Entity
Revenues
Income	$ 10,185	$ 8,828	$ 13,245
Property operating income
Revenues
Income	762,750	312,928	6,038
Fee income
Revenues
Income	180,826	83,355	33,523
Other income
Revenues
Income	$ 13,432	$ 12,941	$ 18,127

Consolidated Statements of Op_2

Consolidated Statements of Operations (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Affiliated Entity
Other income	$ 10,185	$ 8,828	$ 13,245

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Net loss	$ (816,911)	$ (3,790,410)	$ (148,915)
Changes in accumulated other comprehensive income (loss) related to:
Equity method investments	(17,048)	9,292	6,366
Available-for-sale debt securities	(331)	(1,964)	12,052
Cash flow hedges	1,285	(30)	(767)
Foreign currency translation	(94,560)	160,008	(24,234)
Net investment hedges	(57,291)	21,001	27,541
Other comprehensive income (loss)	(167,945)	188,307	20,958
Comprehensive loss	(984,856)	(3,602,103)	(127,957)
Comprehensive income (loss) attributable to noncontrolling interests:
Redeemable noncontrolling interests	34,677	616	2,559
Comprehensive loss attributable to stockholders	(389,210)	(2,601,768)	(1,014,170)
Investment entities
Comprehensive income (loss) attributable to noncontrolling interests:
Comprehensive income (loss) attributable to noncontrolling interests	(581,540)	(706,374)	973,447
Operating Company
Comprehensive income (loss) attributable to noncontrolling interests:
Comprehensive income (loss) attributable to noncontrolling interests	$ (48,783)	$ (294,577)	$ (89,793)

Consolidated Statements of Equi

Consolidated Statements of Equity - USD ($) $ in Thousands	Total	Total Stockholders’ Equity	Preferred Stock	Common Stock	Additional Paid-in Capital	Accumulated Deficit	Accumulated Other Comprehensive Income	Noncontrolling Interests in Investment Entities	Noncontrolling Interests in Operating Company	Class A Common Stock	Class A Common StockTotal Stockholders’ Equity	Class A Common StockCommon Stock	Class A Common StockAdditional Paid-in Capital	Class A Common StockNoncontrolling Interests in Operating Company	Cumulative effect of adoption of new accounting pronouncement	Cumulative effect of adoption of new accounting pronouncementTotal Stockholders’ Equity	Cumulative effect of adoption of new accounting pronouncementAccumulated Deficit	Cumulative effect of adoption of new accounting pronouncementNoncontrolling Interests in Investment Entities	Cumulative effect of adoption of new accounting pronouncementNoncontrolling Interests in Operating Company
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cumulative effect of adoption of new accounting pronouncement (Note 2)	$ 11,146,370	$ 7,006,052	$ 1,407,495	$ 4,841	$ 7,598,019	$ (2,018,302)	$ 13,999	$ 3,779,728	$ 360,590						$ (4,468)	$ (2,905)	$ (2,905)	$ (1,378)	$ (185)
Beginning balance at Dec. 31, 2018	11,146,370	7,006,052	1,407,495	4,841	7,598,019	(2,018,302)	13,999	3,779,728	360,590						(4,468)	(2,905)	(2,905)	(1,378)	(185)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(151,474)	(1,048,807)				(1,048,807)		990,360	(93,027)
Other comprehensive income (loss)	20,958	34,637					34,637	(16,913)	3,234
Fair value of noncontrolling interests assumed in acquisitions	789,367							789,367
Deconsolidation of investment entities	(6,235)							(6,235)
Redemption of preferred stock (Note 9)	(402,855)	(402,855)	(408,005)		5,150
Common stock repurchases	(3,167)	(3,167)		(7)	(3,160)
Redemption of OP Units for common stock										$ 0	$ 2,104	$ 2	$ 2,102	$ (2,104)
Equity awards issued, net of forfeitures	39,112	35,573		49	35,524			2,519	1,020
Shares canceled for tax withholdings on vested equity awards	(3,627)	(3,627)		(7)	(3,620)
Issuance of OP Units as consideration for acquisition (Note 3)	114,865								114,865
Contributions from noncontrolling interests	536,235							536,235
Distributions to noncontrolling interests	(2,829,088)							(2,810,560)	(18,528)
Preferred stock dividends	(105,198)	(105,198)				(105,198)
Common stock dividends declared	(214,380)	(214,380)				(214,380)
Reallocation of equity (Notes 2 and 10)	0	(81,384)			(80,416)		(968)	(8,935)	90,319
Ending balance at Dec. 31, 2019	8,926,415	5,216,043	999,490	4,878	7,553,599	(3,389,592)	47,668	3,254,188	456,184						(5,113)	(3,187)	(3,187)	(1,577)	(349)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cumulative effect of adoption of new accounting pronouncement (Note 2)	8,926,415	5,216,043	999,490	4,878	7,553,599	(3,389,592)	47,668	3,254,188	456,184						$ (5,113)	$ (3,187)	$ (3,187)	$ (1,577)	$ (349)
Net income (loss)	(3,791,026)	(2,675,759)				(2,675,759)		(812,547)	(302,720)
Other comprehensive income (loss)	188,307	73,991					73,991	106,173	8,143
Fair value of noncontrolling interests assumed in acquisitions	366,136							366,136
Deconsolidation of investment entities	(80,921)							(80,921)
Common stock repurchases	(24,749)	(24,749)		(127)	(24,622)
Warrant issuance (Note 10)	20,240	20,240			20,240
Redemption of OP Units for common stock										$ 0	7,757	22	7,735	(7,757)
Equity awards issued, net of forfeitures	39,206	35,361		96	35,265			1,172	2,673
Shares canceled for tax withholdings on vested equity awards	(7,749)	(7,749)		(28)	(7,721)
Costs of noncontrolling interests	(6,707)	(6,707)			(6,707)
Contributions from noncontrolling interests	1,832,740							1,832,740
Distributions to noncontrolling interests	(345,271)							(339,414)	(5,857)
Preferred stock dividends	(74,064)	(74,064)				(74,064)
Common stock dividends declared	(52,854)	(52,854)				(52,854)
Reallocation of equity (Notes 2 and 10)	0	(6,852)			(7,316)		464	1,422	5,430
Ending balance at Dec. 31, 2020	6,984,590	2,501,471	999,490	4,841	7,570,473	(6,195,456)	122,123	4,327,372	155,747
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cumulative effect of adoption of new accounting pronouncement (Note 2)	6,984,590	2,501,471	999,490	4,841	7,570,473	(6,195,456)	122,123	4,327,372	155,747
Net income (loss)	(851,588)	(310,097)				(310,097)		(500,980)	(40,511)
Other comprehensive income (loss)	(167,945)
Other comprehensive income (loss)	(167,945)	(79,113)					(79,113)	(80,560)	(8,272)
Deconsolidation of investment entities	(1,079,660)	474			1,956		(1,482)	(1,080,134)
Redemption of preferred stock (Note 9)	(150,250)	(150,250)	(145,258)		(4,992)
Exchange of notes for common stock (Note 8)	182,207	182,207		734	181,473
Shares issued pursuant to settlement liability (Note 13)	47,042	47,042		60	46,982
Redemption of OP Units for common stock											$ 4,647	$ 20	$ 4,627	$ (4,647)
Equity awards issued, net of forfeitures	58,029	51,290		66	51,224			2,841	3,898
Shares canceled for tax withholdings on vested equity awards	(19,360)	(19,360)		(29)	(19,331)
Contributions from noncontrolling interests	202,471							202,471
Distributions to noncontrolling interests	(222,519)							(222,519)	0
Preferred stock dividends	(70,627)	(70,627)				(70,627)
Reallocation of equity (Notes 2 and 10)		(10,750)			(11,605)		855	4,682	6,068
Ending balance at Dec. 31, 2021	4,912,390	2,146,934	854,232	5,692	7,820,807	(6,576,180)	42,383	2,653,173	112,283
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cumulative effect of adoption of new accounting pronouncement (Note 2)	$ 4,912,390	$ 2,146,934	$ 854,232	$ 5,692	$ 7,820,807	$ (6,576,180)	$ 42,383	$ 2,653,173	$ 112,283

Consolidated Statements of Eq_2

Consolidated Statements of Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Statement of Stockholders' Equity [Abstract]
Dividends declared per common share (in dollars per share)	$ 0.11	$ 0.44

Consolidated Statements of Cash

Consolidated Statements of Cash Flows $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Cash Flows from Operating Activities
Net loss	$ (816,911)	$ (3,790,410)	$ (148,915)
Adjustments to reconcile net loss to net cash provided by operating activities:
Amortization of discount and net origination fees on loans receivable and debt securities	0	(6,154)	(19,602)
Paid-in-kind interest added to loan principal, net of interest received	8,398	(38,398)	(62,464)
Straight-line rent income	10,119	(20,453)	(20,741)
Amortization of above- and below-market lease values, net	5,042	(6,446)	(19,813)
Amortization of deferred financing costs and debt discount and premium, net	65,129	15,602	103,537
Equity method (gains) losses	7,248	463,866	87,444
Distributions of income from equity method investments	3,054	102,612	143,417
Provision for loan losses	0	0	35,880
Allowance for doubtful accounts	3,294	7,247	6,793
Impairment of real estate and related intangibles and right-of-use asset	319,263	1,987,130	358,443
Goodwill impairment	0	594,000	788,000
Depreciation and amortization	636,555	578,282	596,262
Equity-based compensation	59,416	34,959	39,573
Unrealized settlement loss	0	3,890	0
Gain on sales of real estate, net	(49,429)	(41,922)	(1,520,808)
Settlement of forward starting interest rate swap	0	0	(365,111)
Deferred income tax benefit	(68,454)	(25,086)	(9,602)
Loss on induced conversion of exchangeable debt	25,088	0	0
Other loss, net	60,231	211,967	190,638
(Increase) decrease in other assets and due from affiliates	(72,700)	14,392	(23,937)
Increase (decrease) in accrued and other liabilities and due to affiliates	60,378	16,763	19,985
Other adjustments, net	(7,484)	(11,948)	(8,111)
Net cash provided by operating activities	248,237	89,893	170,868
Cash Flows from Investing Activities
Contributions to and acquisition of equity investments	(549,621)	(430,548)	(247,357)
Return of capital from equity method investments	90,205	294,932	224,169
Acquisition of loans receivable and debt securities	(147,498)	0	(771)
Net disbursements on originated loans	(33,272)	(219,990)	(168,960)
Repayments of loans receivable	485,613	227,831	229,970
Proceeds from sales of loans receivable and debt securities	146,004	46,272	66,249
Cash receipts in excess of accretion on purchased credit-impaired loans	0	0	31,128
Acquisition of and additions to real estate, related intangibles and leasing commissions	(828,361)	(2,559,343)	(1,918,317)
Proceeds from sales of real estate	443,489	431,198	6,108,153
Proceeds from paydown and maturity of debt securities	1,261	5,721	11,205
Cash and restricted cash assumed by buyer upon sale of hotel portfolio in receivership	35,098	0	0
Proceeds from sale of equity investments	564,025	287,899	165,657
Investment deposits	(21,418)	(11,660)	(14,928)
Proceeds from sale of corporate fixed assets	14,946	0	0
Net receipts on settlement of derivatives	17,123	27,097	46,466
Other investing activities, net	(833)	1,111	22,806
Net cash provided by (used in) investing activities	146,565	(1,931,980)	4,198,938
Cash Flows from Financing Activities
Dividends paid to preferred stockholders	(73,384)	(79,333)	(108,548)
Dividends paid to common stockholders	0	(106,510)	(214,149)
Repurchase of common stock	0	(24,749)	(10,734)
Proceeds from issuance of exchangeable senior notes	0	291,000	0
Repayment of senior notes	(31,502)	(370,998)	0
Borrowings from corporate credit facility and securitized financing facility	345,000	600,000	810,200
Repayment of borrowings from corporate credit facility	(45,000)	(600,000)	(810,200)
Borrowings from secured debt	2,094,722	2,016,833	4,664,450
Repayments of secured debt	(1,643,900)	(1,684,001)	(5,745,509)
Payment of deferred financing costs	(48,127)	(54,750)	(82,202)
Contributions from noncontrolling interests	232,144	1,906,250	578,706
Distributions to and redemptions by noncontrolling interests	(249,083)	(360,304)	(2,847,830)
Contribution from Wafra	0	253,575	0
Redemption of preferred stock	(150,250)	(402,855)	0
Shares canceled for tax withholdings on vested equity awards	(19,360)	(7,749)	(3,627)
Other financing activities, net	0	(3,382)	(10,143)
Net cash provided by (used in) financing activities	411,260	1,373,027	(3,779,586)
Effect of exchange rates on cash, cash equivalents and restricted cash	(2,825)	7,370	1,748
Net increase (decrease) in cash, cash equivalents and restricted cash	803,237	(461,690)	591,968
Cash, cash equivalents and restricted cash, beginning of period	963,008	1,424,698	832,730
Cash, cash equivalents and restricted cash, end of period	1,766,245	963,008	1,424,698
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Roll Forward]
Cash and cash equivalents, beginning balance	703,544	1,205,190	461,912
Restricted cash, beginning balance	67,772	674	447
Restricted cash included in assets held for disposition, beginning balance	191,692	218,834	370,371
Cash and cash equivalents, ending balance	1,602,102	703,544	1,205,190
Restricted cash, ending balance	99,121	67,772	674
Restricted cash included in assets held for disposition, ending balance	65,022	191,692	218,834
Total cash, cash equivalents and restricted cash, beginning of period	1,766,245	963,008	1,424,698
DBH
Cash Flows from Investing Activities
Payments to acquire businesses, net of cash acquired	0	(32,500)	(184,167)
DataBank
Cash Flows from Investing Activities
Payments to acquire businesses, net of cash acquired	$ 0	$ 0	$ (172,365)

Business and Organization

Business and Organization	12 Months Ended
	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business and Organization	Business and Organization DigitalBridge Group, Inc. or DBRG (together with its consolidated subsidiaries, the "Company") is a leading global-scale digital infrastructure firm that invests, directly and through its portfolio companies, across five key verticals: data centers, cell towers, fiber networks, small cells, and edge infrastructure. Effective June 22, 2021, the Company changed its name to DigitalBridge Group, Inc. (formerly Colony Capital, Inc.) and trades under the ticker symbol, DBRG, signifying the Company's transformation to digital infrastructure. At December 31, 2021, the Company has $45 billion of total assets under management, including both third party capital and the Company's balance sheet. Organization The Company conducts all of its activities and holds substantially all of its assets and liabilities through its operating subsidiary, DigitalBridge Operating Company, LLC (the "Operating Company" or the "OP") . At December 31, 2021, the Company owned 92% of the OP , as its sole managing member. The remaining 8% is owned primarily by certain current and former employees of the Company as noncontrolling interests. The Company elected to be taxed as a real estate investment trust ("REIT") under the Internal Revenue Code for U.S. federal income tax purposes. Digital Transformation Significant healthcare and economic challenges arising from the coronavirus disease 2019 pandemic, or COVID-19, reinforced the critical role and the resilience of the digital infrastructure sector in a global economy that is increasingly reliant on telecommunications and data transmission. Accordingly, in the second quarter of 2020, the Company determined to accelerate its previously announced shift to a digitally-focused strategy in order to better position the Company for growth, which required a rotation of the Company's non-digital assets into digital-focused investments. The Company has now completed its digital transformation. The Company's completed disposition of its hotel business, OED investments and Other IM business in 2021, and its Wellness Infrastructure segment in 2022 each represents a strategic shift in the Company's business that has or is expected to have a significant effect on the Company’s operations and financial results, and accordingly, each has met the criteria as discontinued operations. For all current and prior periods presented, the related assets and liabilities, to the extent they have not been disposed at the respective balance sheet dates, are presented as assets and liabilities held for disposition on the consolidated balance sheets (Note 11) and the related operating results are presented as discontinued operations on the consolidated statements of operations (Note 12). Accelerating the Monetization of Wellness Infrastructure and Other Segments The Company successfully completed the sale of its equity interests in (i) NRF Holdco, LLC ("NRF Holdco"), which holds its Wellness Infrastructure business along with other non-core assets, in February 2022; and (ii) a substantial majority of its OED investments and Other IM business in December 2021, pursuant to agreements entered into in September 2021 (as amended in February 2022) and June 2021, respectively. In assessing the recoverability of assets classified as held for disposition and discontinued operations, in particular considering the sales price for the OED investments and Other IM business, and the Wellness Infrastructure assets, the Company wrote down the carrying value of these assets by $625.3 million in aggregate, of which $265.4 million was attributable to the OP. This was recorded within impairment loss, equity method loss and other loss in discontinued operations, as discussed further in Note 11. OED and Other IM The disposed OED investments and Other IM business were composed of the Company's interests in various non-digital real estate, real estate-related equity and debt investments, and the Company's general partner interests and management rights with respect to these assets. The Company received cash consideration of $443.4 million, net of closing adjustments of $31.2 million, representing net cash already received by the Company, largely for asset monetizations realized prior to closing. Disposition of the Company's equity interests in its OED subsidiaries resulted in assumption by the acquirer of $509.5 million of consolidated investment-level debt and subsequent deconsolidation of these subsidiaries. Wellness Infrastructure The Wellness Infrastructure business is composed of senior housing, skilled nursing facilities, medical office buildings, and hospitals. Other assets and obligations held by NRF Holdco include primarily: (i) the Company's equity interest in and management of its sponsored non-traded REIT, NorthStar Healthcare Income, Inc. ("NorthStar Healthcare"), debt securities collateralized largely by certain debt and preferred equity within the capital structure of the Wellness Infrastructure portfolio, limited partner interests in private equity real estate funds; and (ii) the 5.375% exchangeable senior notes, trust preferred securities and corresponding junior subordinated debt, all of which were issued by NRF Holdco and its subsidiaries. The sales price for 100% of the equity of NRF Holdco was $281 million, composed of $126 million in cash and $155 million unsecured promissory note (the "Seller Note"). In addition, NRF Holdco distributed approximately $35 million of cash to the Company prior to closing. The Seller Note matures five years from closing of the sale, accruing paid-in-kind interest at 5.35% per annum. The sale included the acquirer's assumption of $2.57 billion of consolidated investment level debt on various healthcare portfolios in which the Company owned between 69.6% and 81.3%, and $293.7 million of debt at NRF Holdco. Internalization of BrightSpire Capital, Inc. (NYSE: BRSP) In early April 2021, the Company and BRSP (formerly Colony Credit Real Estate, Inc. or CLNC) agreed to terminate the BRSP management agreement for a one-time termination payment of $102.3 million in cash. The transaction closed on April 30, 2021, resulting in the internalization of BRSP's management and operating functions (the "BRSP Internalization"), with certain of the Company's employees previously dedicated wholly or substantially to BRSP becoming employees of BRSP. In connection with the BRSP Internalization, BRSP's board of directors ceased to include Company-affiliated directors upon the expiration of such directors' terms in May 2021. The Company also entered into a stockholders agreement with BRSP, pursuant to which the Company agreed, for so long as the Company owns at least 10% of BRSP's outstanding common shares, to vote in BRSP director elections as recommended by BRSP’s board of directors at any stockholders' meeting that occurs prior to BRSP's 2023 annual stockholders' meeting. In addition, the Company is subject to customary standstill restrictions, including an obligation not to initiate or make stockholder proposals, nominate directors or participate in proxy solicitations, until the beginning of the advance notice window for BRSP's 2023 annual meeting. Except as aforementioned, the Company may vote its shares in its sole discretion in any votes of BRSP’s stockholders. The Company is prohibited from acquiring additional BRSP shares and currently holds a 29% equity ownership in BRSP following the sale of a portion of its BRSP shares in August 2021. Exit of the Hotel Business

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies The significant accounting policies of the Company are described below. The accounting policies of the Company's unconsolidated ventures are substantially similar to those of the Company. Basis of Presentation The accompanying consolidated financial statements include the accounts of the Company and its controlled subsidiaries. All significant intercompany accounts and transactions have been eliminated. The portions of equity, net income and other comprehensive income of consolidated subsidiaries that are not attributable to the parent are presented separately as amounts attributable to noncontrolling interests in the consolidated financial statements. A substantial portion of noncontrolling interests represents interests held by private investment funds or other investment vehicles managed by the Company and which invest alongside the Company and membership interests in OP primarily held by certain employees of the Company. To the extent the Company consolidates a subsidiary that is subject to industry-specific guidance, the Company retains the industry-specific guidance applied by that subsidiary in its consolidated financial statements. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States ("GAAP") requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates and assumptions. Principles of Consolidation The Company consolidates entities in which it has a controlling financial interest by first considering if an entity meets the definition of a variable interest entity ("VIE") for which the Company is deemed to be the primary beneficiary, or if the Company has the power to control an entity through a majority of voting interest or through other arrangements. Variable Interest Entities —A VIE is an entity that either (i) lacks sufficient equity to finance its activities without additional subordinated financial support from other parties; (ii) whose equity holders lack the characteristics of a controlling financial interest; and/or (iii) is established with non-substantive voting rights. A VIE is consolidated by its primary beneficiary, which is defined as the party who has a controlling financial interest in the VIE through (a) power to direct the activities of the VIE that most significantly affect the VIE’s economic performance, and (b) obligation to absorb losses or right to receive benefits of the VIE that could be significant to the VIE. This assessment may involve subjectivity in the determination of which activities most significantly affect the VIE’s performance, and estimates about current and future fair value of the assets held by the VIE and financial performance of the VIE. In assessing its interests in the VIE, the Company also considers interests held by its related parties, including de facto agents. Additionally, the Company assesses whether it is a member of a related party group that collectively meets the power and benefits criteria and, if so, whether the Company is most closely associated with the VIE. In performing the related party analysis, the Company considers both qualitative and quantitative factors, including, but not limited to: the characteristics and size of its investment relative to the related party; the Company’s and the related party's ability to control or significantly influence key decisions of the VIE including consideration of involvement by de facto agents; the obligation or likelihood for the Company or the related party to fund operating losses of the VIE; and the similarity and significance of the VIE’s business activities to those of the Company and the related party. The determination of whether an entity is a VIE, and whether the Company is the primary beneficiary, may involve significant judgment, and depends upon facts and circumstances specific to an entity at the time of the assessment. Voting Interest Entities —Unlike VIEs, voting interest entities have sufficient equity to finance their activities and equity investors exhibit the characteristics of a controlling financial interest through their voting rights. The Company consolidates such entities when it has the power to control these entities through ownership of a majority of the entities' voting interests or through other arrangements. At each reporting period, the Company reassesses whether changes in facts and circumstances cause a change in the status of an entity as a VIE or voting interest entity, and/or a change in the Company's consolidation assessment. Changes in consolidation status are applied prospectively. An entity may be consolidated as a result of this reassessment, in which case, the assets, liabilities and noncontrolling interest in the entity are recorded at fair value upon initial consolidation. Any existing equity interest held by the Company in the entity prior to the Company obtaining control will be remeasured at fair value, which may result in a gain or loss recognized upon initial consolidation. However, if the consolidation represents an asset acquisition of a voting interest entity, the Company's existing interest in the acquired assets, if any, is not remeasured to fair value but continues to be carried at historical cost. The Company may also deconsolidate a subsidiary as a result of this reassessment, which may result in a gain or loss recognized upon deconsolidation depending on the carrying values of deconsolidated assets and liabilities compared to the fair value of any interests retained. Noncontrolling Interests Redeemable Noncontrolling Interests —This represents noncontrolling interests in the Company's digital investment management business and in consolidated open-end funds sponsored by the Company. The noncontrolling interests either have redemption rights that will be triggered upon the occurrence of certain events (Note 10) or have the ability to withdraw all or a portion of their interests from the consolidated open-end funds in cash with advance notice. Redeemable noncontrolling interests is presented outside of permanent equity. Allocation of net income or loss to redeemable noncontrolling interests is based upon their ownership percentage during the period. The carrying amount of redeemable noncontrolling interests is adjusted to its redemption value at the end of each reporting period to an amount not less than its initial carrying value, except for amounts contingently redeemable which will be adjusted to redemption value only when redemption is probable. Such adjustments will be recognized in additional paid-in capital. Noncontrolling Interests in Investment Entities —This represents predominantly interests in consolidated investment entities held by co-investors through investment vehicles managed by the Company or held by third party joint venture partners. Allocation of net income or loss is generally based upon relative ownership interests held by equity owners in each investment entity, or based upon contractual arrangements that may provide for disproportionate allocation of economic returns among equity interests, including using a hypothetical liquidation at book value basis, where applicable and substantive. Noncontrolling Interests in Operating Company —This represents membership interests in OP held primarily by certain employees of the Company. Noncontrolling interests in OP are allocated a share of net income or loss in OP based on their weighted average ownership interest in OP during the period. Noncontrolling interests in OP have the right to require OP to redeem part or all of such member’s membership units in OP ("OP Units") for cash based on the market value of an equivalent number of shares of class A common stock at the time of redemption, or at the Company's election as managing member of OP, through issuance of shares of class A common stock (registered or unregistered) on a one-for-one basis. At the end of each reporting period, noncontrolling interests in OP is adjusted to reflect their ownership percentage in OP at the end of the period, through a reallocation between controlling and noncontrolling interests in OP, as applicable. Foreign Currency Assets and liabilities denominated in a foreign currency for which the functional currency is a foreign currency are translated using the exchange rate in effect at the balance sheet date and the corresponding results of operations for such entities are translated using the average exchange rate in effect during the period. The resulting foreign currency translation adjustments are recorded as a component of accumulated other comprehensive income or loss in stockholders’ equity. Upon sale, complete or substantially complete liquidation of a foreign subsidiary, or upon partial sale of a foreign equity method investment, the translation adjustment associated with the investment, or a proportionate share related to the portion of equity method investment sold, is reclassified from accumulated other comprehensive income or loss into earnings. Assets and liabilities denominated in a foreign currency for which the functional currency is the U.S. dollar are remeasured using the exchange rate in effect at the balance sheet date and the corresponding results of operations for such entities are remeasured using the average exchange rate in effect during the period. The resulting foreign currency remeasurement adjustments are recorded in other gain (loss) on the statements of operations. Disclosures of non-U.S. dollar amounts to be recorded in the future are translated using exchange rates in effect at the date of the most recent balance sheet presented. Fair Value Measurement Fair value is based on an exit price, defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. Where appropriate, the Company makes adjustments to estimated fair values to appropriately reflect counterparty credit risk as well as the Company's own credit-worthiness. The estimated fair value of financial assets and financial liabilities are categorized into a three tier hierarchy, prioritized based on the level of transparency in inputs used in the valuation techniques, as follows: Level 1 —Quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2 —Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities, quoted prices in non-active markets, or valuation techniques utilizing inputs that are derived principally from or corroborated by observable data directly or indirectly for substantially the full term of the financial instrument. Level 3 —At least one assumption or input is unobservable and it is significant to the fair value measurement, requiring significant management judgment or estimate. Where the inputs used to measure the fair value of a financial instrument falls into different levels of the fair value hierarchy, the financial instrument is categorized within the hierarchy based on the lowest level of input that is significant to its fair value measurement. Fair Value Option The fair value option provides an option to elect fair value as a measurement alternative for selected financial instruments. The fair value option may be elected only upon the occurrence of certain specified events, including when the Company enters into an eligible firm commitment, at initial recognition of the financial instrument, as well as upon a business combination or consolidation of a subsidiary. The election is irrevocable unless a new election event occurs. The Company has elected to account for all of its loans receivable and certain equity method investments at fair value. Business Combinations Definition of a Business —The Company evaluates each purchase transaction to determine whether the acquired assets meet the definition of a business. If substantially all of the fair value of gross assets acquired is concentrated in a single identifiable asset or a group of similar identifiable assets, then the set of transferred assets and activities is not a business. If not, for an acquisition to be considered a business, it would have to include an input and a substantive process that together significantly contribute to the ability to create outputs (i.e., there is a continuation of revenue before and after the transaction). A substantive process is not ancillary or minor, cannot be replaced without significant costs, effort or delay or is otherwise considered unique or scarce. To qualify as a business without outputs, the acquired assets would require an organized workforce with the necessary skills, knowledge and experience to perform a substantive process. Asset Acquisitions —For acquisitions that are not deemed to be businesses, the assets acquired are recognized based on their cost to the Company as the acquirer and no gain or loss is recognized. The cost of assets acquired in a group is allocated to individual assets within the group based on their relative fair values and does not give rise to goodwill. Transaction costs related to acquisition of assets are included in the cost basis of the assets acquired. Business Combinations —The Company accounts for acquisitions that qualify as business combinations by applying the acquisition method. Transaction costs related to acquisition of a business are expensed as incurred and excluded from the fair value of consideration transferred. The identifiable assets acquired, liabilities assumed and noncontrolling interests in an acquired entity are recognized and measured at their estimated fair values. The excess of the fair value of consideration transferred over the fair values of identifiable assets acquired, liabilities assumed and noncontrolling interests in an acquired entity, net of fair value of any previously held interest in the acquired entity, is recorded as goodwill. Such valuations require management to make significant estimates and assumptions. Contingent Consideration —Contingent consideration is classified as a liability or equity, as applicable. Contingent consideration in connection with the acquisition of a business or a VIE is measured at fair value on acquisition date, and unless classified as equity, is remeasured at fair value each reporting period thereafter until the consideration is settled, with changes in fair value included in net income. Contingent consideration in connection with the acquisition of assets (and that is not a VIE) is generally recognized when the liability is considered both probable and reasonably estimable, as part of the basis of the acquired assets . Discontinued Operations If the disposition of a component, being an operating or reportable segment, business unit, subsidiary or asset group, represents a strategic shift that has or will have a major effect on the Company’s operations and financial results, the operating profits or losses of the component when classified as held for sale, and the gain or loss upon disposition of the component, are presented as discontinued operations in the statements of operations. A business or asset group acquired in connection with a business combination that meets the criteria to be accounted for as held for sale at the date of acquisition is reported as discontinued operations, regardless of whether it meets the strategic shift criterion. The disposition of (i) NRF Holdco in February 2022, (ii) a substantial majority of the OED investments and Other IM business in December 2021, (iii) the hotel business, composed of the Hospitality segment and the THL Hotel Portfolio in March 2021, and (iv) the bulk and light industrial portfolios in December 2020 and December 2019, respectively, all represent strategic shifts that have or are expected to have major effects on the Company’s operations and financial results, and have met the criteria as discontinued operations as of June 2021, March 2021, September 2020, and June 2019, respectively. Accordingly, for all prior periods presented, the related assets and liabilities are presented as assets and liabilities held for disposition on the consolidated balance sheets (Note 11) and the related operating results are presented as income (loss) from discontinued operations on the consolidated statements of operations (Note 12). Discontinued operations in prior periods include investments in the respective segments that have been disposed or otherwise resolved in those periods. Cash and Cash Equivalents Short-term, highly liquid investments with original maturities of three months or less are considered to be cash equivalents. The Company's cash and cash equivalents are held with major financial institutions and may at times exceed federally insured limits. Restricted Cash Restricted cash consists primarily of cash reserves maintained pursuant to the governing agreements of the various securitized debt of the Company and its subsidiaries. Real Estate Assets Real Estate Acquisitions Real estate acquisitions are recorded at the fair values of the acquired components at the time of acquisition, allocated among land, building, site and building improvements, infrastructure, equipment, lease-related tangible and intangible assets and liabilities, such as tenant improvements, deferred leasing costs, in-place lease values, above- and below-market lease values, and tenant relationships. The estimated fair value of acquired land is derived from recent comparable sales of land and listings within the same local region based on available market data. The estimated fair value of acquired buildings and building improvements is derived from comparable sales, discounted cash flow analysis using market-based assumptions, or replacement cost for a similar property, as appropriate. The fair value of site and tenant improvements and infrastructure assets are estimated based upon current market replacement costs and other relevant market rate information. Real Estate Held for Investment Real estate held for investment are carried at cost less accumulated depreciation. Costs Capitalized or Expensed— Expenditures for ordinary repairs and maintenance are expensed as incurred, while expenditures for significant renovations that improve or extend the useful life of the asset are capitalized and depreciated over their estimated useful lives. Depreciation— Real estate held for investment, other than land, are depreciated on a straight-line basis over the estimated useful lives of the assets, as follows: Real Estate Assets Term Site improvements 5 to 40 years Building 5 to 50 years Building improvements 5 to 40 years Tenant improvements Lesser of useful life or remaining term of lease Data center infrastructure 10 to 20 years Furniture, fixtures and equipment 1 to 8 years Impairment —The Company evaluates its real estate held for investment for impairment periodically or whenever events or changes in circumstances indicate that the carrying amounts may not be recoverable. The Company evaluates real estate for impairment generally on an individual property basis. If an impairment indicator exists, the Company evaluates the undiscounted future net cash flows that are expected to be generated by the property, including any estimated proceeds from the eventual disposition of the property. If multiple outcomes are under consideration, the Company may apply either a probability-weighted cash flows approach or the single-most-likely estimate of cash flows approach, whichever is more appropriate under the circumstances. Based upon the analysis, if the carrying value of a property exceeds its undiscounted future net cash flows, an impairment loss is recognized for the excess of the carrying value of the property over the estimated fair value of the property. In evaluating and/or measuring impairment, the Company considers, among other things, current and estimated future cash flows associated with each property for the duration of the estimated hold period of each property, market information for each sub-market, including, where applicable, competition levels, foreclosure levels, leasing trends, occupancy trends, lease or room rates, and the market prices of similar properties recently sold or currently being offered for sale, expected capitalization rates at exit, and other quantitative and qualitative factors. Another key consideration in this assessment is the Company's assumptions about the highest and best use of its real estate investments and its intent and ability to hold them for a reasonable period that would allow for the recovery of their carrying values. If such assumptions change and the Company shortens its expected hold period, this may result in the recognition of impairment losses. Real Estate Held for Disposition Real estate is classified as held for disposition in the period when (i) management approves a plan to sell the asset, (ii) the asset is available for immediate sale in its present condition, subject only to usual and customary terms, (iii) a program is initiated to locate a buyer and actively market the asset for sale at a reasonable price, and (iv) completion of the sale is probable within one year. Real estate held for disposition is stated at the lower of its carrying amount or estimated fair value less disposal cost, with any write-down to fair value less disposal cost recorded as an impairment loss. For any increase in fair value less disposal cost subsequent to classification as held for disposition, the impairment loss may be reversed, but only up to the amount of cumulative loss previously recognized. Depreciation is not recorded on assets classified as held for disposition. At the time a sale is consummated, the excess, if any, of sale price less selling costs over carrying value of the real estate is recognized as a gain. If circumstances arise that were previously considered unlikely and, as a result, the Company decides not to sell the real estate asset previously classified as held for disposition, the real estate asset is reclassified as held for investment. Upon reclassification, the real estate asset is measured at the lower of (i) its carrying amount prior to classification as held for disposition, adjusted for depreciation expense that would have been recognized had the real estate been continuously classified as held for investment, or (ii) its estimated fair value at the time the Company decides not to sell. Foreclosed Properties The Company may receive foreclosed properties in full or partial settlement of loans receivable by taking legal title or physical possession of the properties. Foreclosed properties are generally recognized at the time the real estate is received at foreclosure sale or upon execution of a deed in lieu of foreclosure. Foreclosed properties are initially measured at fair value. If the fair value of the property is lower than the carrying value of the loan, the difference is recognized as provision for loan loss and the cumulative loss allowance on the loan is charged off. The Company periodically evaluates foreclosed properties for subsequent decrease in fair value which is recorded as additional impairment loss. Fair value of foreclosed properties is generally based on third party appraisals, broker price opinions, comparable sales or a combination thereof. Loans Receivable Loans that the Company has the intent and ability to hold for the foreseeable future are classified as held for investment. Loans that the Company intends to sell or liquidate in the foreseeable future are classified as held for disposition. Interest income is recognized based upon contractual interest rate and unpaid principal balance of the loans. Loans that are past due 90 days or more as to principal or interest, or where reasonable doubt exists as to timely collection, are generally considered nonperforming, with reversal of interest income and suspension of interest income recognition. Recognition of interest income may be restored when all principal and interest are current and full repayment of the remaining contractual principal and interest are reasonably assured. Effective January 1, 2020, the Company elected the fair value option for all loans receivable. Loan fair values are generally determined either: by comparing the current yield to the estimated yield of newly originated loans with similar credit risk or the market yield at which a third party might expect to purchase such investment; or based upon discounted cash flow projections of principal and interest expected to be collected, which projections include, but are not limited to, consideration of the financial standing of the borrower or sponsor as well as operating results and/or value of the underlying collateral. For loans that are nonperforming where recognition of interest income is suspended, any interest subsequently collected is recognized on a cash basis by crediting income when received. Origination and other fees charged to the borrower are recognized immediately as interest income when earned. Costs to originate or purchase loans are expensed as incurred. Equity Investments A noncontrolling, unconsolidated ownership interest in an entity may be accounted for using one of: (i) equity method where applicable; (ii) fair value option if elected; (iii) fair value through earnings if fair value is readily determinable, including election of net asset value ("NAV") practical expedient where applicable; or (iv) for equity investments without readily determinable fair values, the measurement alternative to measure at cost adjusted for any impairment and observable price changes, as applicable. Marketable equity securities are recorded as of trade date. Dividend income is recognized on the ex-dividend date and is included in other income. Fair value changes of equity method investments under the fair value option are recorded in earnings (losses) from equity method investments. Fair value changes of other equity investments, including adjustments for observable price changes under the measurement alternative, are recorded in other gain (loss). Equity Method Investments The Company accounts for investments under the equity method of accounting if it has the ability to exercise significant influence over the operating and financial policies of an entity, but does not have a controlling financial interest. The equity method investment is initially recorded at cost and adjusted each period for capital contributions, distributions and the Company's share of the entity’s net income or loss as well as other comprehensive income or loss. The Company's share of net income or loss may differ from the stated ownership percentage interest in an entity if the governing documents prescribe a substantive non-proportionate earnings allocation formula or a preferred return to certain investors. For certain equity method investments, the Company records its proportionate share of income on a one to three month lag. Distributions of operating profits from equity method investments are reported as operating activities, while distributions in excess of operating profits are reported as investing activities in the statement of cash flows under the cumulative earnings approach. Carried Interest —The Company's equity method investments include its interests as general partner or equivalent in investment vehicles that it sponsors. The Company recognizes earnings based on its proportionate share of results from these investment vehicles and a disproportionate allocation of returns based on the extent to which cumulative performance exceeds minimum return hurdles pursuant to terms of their respective governing agreements (“carried interests”). To the extent the investment vehicles qualify for investment company accounting, their underlying results and consequently, the calculation of carried interests, reflect changes in fair value of their investments each period. The amount of carried interest recognized based on the cumulative performance of each investment vehicle if it were liquidated as of the reporting date may be subject to reversal until such time the carried interest, if any, is realized. Realization of carried interest generally occurs upon disposition of all underlying investments of an investment vehicle, or in part with each disposition, pursuant to the governing documents of the investment vehicles. Impairment Evaluation of impairment applies to equity method investments and equity investments under the measurement alternative. If indicators of impairment exist, the Company will first estimate the fair value of its investment. In assessing fair value, the Company generally considers, among others, the estimated enterprise value of the investee or fair value of the investee's underlying net assets, including net cash flows to be generated by the investee as applicable, and for equity method investees with publicly traded equity, the traded price of the equity securities in an active market. For investments under the measurement alternative, if carrying value of the investment exceeds its fair value, an impairment is deemed to have occurred. For equity method investments, further consideration is made if a decrease in value of the investment is other-than-temporary to determine if impairment loss should be recognized. Assessment of other-than-temporary impairment ("OTTI") involves management judgment, including, but not limited to, consideration of the investee’s financial condition, operating results, business prospects and creditworthiness, the Company's ability and intent to hold the investment until recovery of its carrying value, or a significant and prolonged decline in traded price of the investee’s equity security. If management is unable to reasonably assert that an impairment is temporary or believes that the Company may not fully recover the carrying value of its investment, then the impairment is considered to be other-than-temporary. Investments that are other-than-temporarily impaired are written down to their estimated fair value. Impairment loss is recorded in equity method earnings for equity method investments and in other gain (loss) for investments under the measurement alternative. Debt Securities Debt securities are recorded as of the trade date. Debt securities designated as available-for-sale (“AFS”) are carried at fair value with unrealized gains or losses included as a component of other comprehensive income. Upon disposition of AFS debt securities, the cumulative gains or losses in other comprehensive income (loss) that are realized are recognized in other gain (loss), net, on the statement of operations based on specific identification. Interest Income —Interest income from debt securities, including stated coupon interest payments and amortization of purchase premiums or discounts, is recognized using the effective interest method over the expected lives of the debt securities. For beneficial interests in debt securities that are not of high credit quality (generally credit rating below AA) or that can be contractually settled such that the Company would not recover substantially all of its recorded investment, interest income is recognized as the accretable yield over the life of the securities using the effective yield method. The accretable yield is the excess of current expected cash flows to be collected over the net investment in the security, including the yield accreted to date. The Company evaluates estimated future cash flows expected to be collected on a quarterly basis, starting with the first full quarter after acquisition, or earlier if conditions indicating impairment are present. If the cash flows expected to be collected cannot be reasonably estimated, either at acquisition or in subsequent evaluation, the Company may consider placing the securities on nonaccrual, with interest income recognized using the cost recovery method. Impairment —The Company performs an assessment, at least quarterly, to determine whether its AFS debt securities are considered to be impaired; that is, if their fair value is less than their amortized cost basis. If the Company intends to sell the impaired debt security or is more likely than not will be required to sell the debt security before recovery of its amortized cost, the entire impairment amount is recognized in earnings within other gain (loss) as a write-off of the amortized cost basis of the debt security. If the Company does not intend to sell or is not more likely than not required to sell the debt security before recovery of

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2021
Business Combination and Asset Acquisition [Abstract]
Acquisitions	Acquisitions Business Combinations Digital Bridge Holdings, LLC ("DBH") On July 25, 2019, the Company acquired DBH in a combination of: (a) cash, a portion of which was deferred until the expiration of certain customary seller indemnification obligations and was paid in full in May 2020 (Note 18); and (b) issuance of 21,478,515 OP Units, which were measured based upon the closing price of the Company's class A common stock on July 24, 2019 of $5.21 per share. The Company acquired the fee streams but not the equity interests related to the six portfolio companies managed by DBH. The principals of DBH retained their equity investments, including general partner interests in existing DBH investment vehicles and in Digital Bridge Partners, LP (“DBP I,” formerly Digital Colony Partners, LP or DCP I), a fund that was previously co-sponsored by the Company and DBH. The Company's acquisition of DBH included the remaining 50% equity interest held by DBH in Digital Colony Management, LLC ("DCM"), previously an equity method joint venture with DBH, which manages DBP I. Upon closing of the acquisition, the Company obtained a controlling interest in DCM and remeasured its existing 50% interest at a fair value of $51.4 million. The full amount, representing the excess of fair value over carrying value of the Company's investment in DCM, was recognized in other gain on the Company's statement of operations, as the Company's carrying value of its investment in DCM prior to the business combination was nil. The fair value was based upon the value of 50% of estimated future net cash flows from the DBP I management contract, discounted at 8%. DataBank Colocation Data Centers On December 20, 2019, the Company acquired from third party investors a 20% interest in DataBank, which operates edge colocation data centers in nine U.S. markets, owning eight properties, with leasehold interests in 12 properties. DataBank is a portfolio company managed by DBH and invested in by the principals and senior professionals of DBH. The Company is deemed to have a controlling interest in DataBank as control over the operations of DataBank resides substantially with the Company. Consideration included the payment of cash to third parties for the Company’s interests in DataBank and the issuance of 612,072 OP Units to the DBH principals, Marc Ganzi, the Company's CEO and President, and Ben Jenkins, now the chief investment officer of the Company’s digital real estate platform, for incentive units owned by the DBH principals and allocable to the Company’s acquired interests, measured based upon the closing price of the Company's class A common stock on December 20, 2019 of $4.84 per share. The OP Units were issued to the DBH principals who had previously received incentive units from DataBank, in exchange for certain of their incentive units such that the Company will not be subject to future carried interest payments to the DBH principals with respect to the Company's investment in DataBank (Note 18). The DBH principals otherwise retained their equity interests in DataBank. In January 2022, the Company and an existing investor acquired additional equity in DataBank resulting from a redemption of interests by a selling shareholder. The Company's share was an additional $32.0 million investment, which increased its ownership in DataBank to 21.9%. Asset Acquisitions Vantage SDC Hyperscale Data Centers In July 2020 and following an additional investment in October 2020, the Company, alongside fee bearing third party capital, invested $1.36 billion for an approximately 90% equity interest in entities that hold Vantage Data Centers Holdings, LLC's ("Vantage") portfolio of 12 stabilized hyperscale data centers in North America and $2.0 billion of secured indebtedness (“Vantage SDC”). The remaining equity interest in Vantage SDC is held by the existing investors of Vantage, and together with the third party capital raised by the Company, represent noncontrolling interests. The Company's balance sheet investment is approximately $200 million or a 13% equity interest in Vantage SDC. Vantage SDC is a carve-out from Vantage's data center business. The acquisition excluded Vantage's remaining portfolio of development-stage data centers and its employees, all of whom were retained by Vantage. The day-to-day operations of Vantage SDC continue to be managed by Vantage's existing management company in exchange for management fees, and subject to certain approval rights held by the Company and the co-investors in connection with material actions. The Company and its co-investors have also committed to acquire the future build-out of expansion capacity, along with lease-up of the expanded capacity and existing inventory, including those associated with an add-on acquisition to the Vantage SDC portfolio described below, the costs of which will be borne by the previous owners of Vantage SDC, for estimated payments of approximately $350 million. It is anticipated that most, if not all, of the payments will be funded by Vantage SDC from borrowings under its credit facilities and/or cash from operations. Pursuant to this arrangement, Vantage SDC entered into 11 tenant leases in 2021 related to a portion of the expansion capacity which triggered aggregate payments of $100.8 million. As part of the July 2020 acquisition, the Company had an option to purchase an additional data center in Santa Clara, California. In September 2021, the Company exercised the option and purchased the data center for $404.5 million in cash, funded through borrowings by Vantage SDC, and a deferred amount of $56.9 million to be paid upon future lease-up. All of these payments were made to the previous owners of Vantage SDC and are treated as asset acquisitions. zColo Colocation Data Centers In December 2020, the Company's DataBank subsidiary acquired zColo, the colocation business of Zayo Group Holdings, Inc. ("Zayo"), composed of 39 data centers in the U.S. and the U.K., for approximately $1.2 billion through a combination of debt and equity financing, including $0.5 billion of third party co-invest capital raised by the Company. The Company's balance sheet investment is $145 million ($188 million at the time of closing), which maintained the Company's 20% equity interest in DataBank. Acquisition of zColo's remaining five data centers in France for $33.0 million closed in February 2021. Zayo is an anchor tenant within the zColo facilities and is a significant customer of DataBank. Acquisitions by DataBank In the third quarter of 2021, DataBank and its zColo subsidiary each acquired a building in the U.S. for a combined $38.5 million, to be redeveloped into data centers. Allocation of Consideration Transferred The following table summarizes the consideration and allocation to assets acquired, liabilities assumed and noncontrolling interests at acquisition. Consideration for asset acquisitions incorporates capitalized transaction costs, which may include incentive payments to employees for successful closing of the acquisitions. Asset Acquisitions Business Combinations 2021 2020 2019 (In thousands) Vantage SDC Expansion Capacity and Add-On Acquisition Acquisitions by DataBank / zColo US zColo France Vantage SDC zColo US and UK DBH DataBank (1) Consideration Cash $ 505,301 $ 38,500 $ 33,018 $ 1,524,610 $ 1,181,488 $ 181,167 $ 182,731 Deferred consideration — — — — — 35,500 — OP Units issued — — — — — 111,903 2,962 Total consideration for equity interest acquired $ 505,301 $ 38,500 $ 33,018 $ 1,524,610 $ 1,181,488 $ 328,570 $ 185,693 Fair value of equity interest in Digital Colony Manager — — — — — 51,400 — $ 505,301 $ 38,500 $ 33,018 $ 1,524,610 $ 1,181,488 $ 379,970 $ 185,693 Assets acquired and liabilities assumed Cash $ — $ — $ — $ — $ 266 $ — $ 10,366 Real estate 479,587 38,500 26,083 2,720,870 882,327 — 839,053 Assets held for disposition — — — — — — 29,266 Intangible assets 82,603 — 8,702 765,137 303,119 153,300 219,651 Lease right-of-use ("ROU") and other assets — — 9,536 181,260 415,038 13,008 108,896 Debt — — — (2,060,307) — — (539,155) Tax liabilities — — — — — (17,392) (100,759) Intangible, lease and other liabilities (56,889) — (11,303) (82,350) (419,262) (16,194) (120,178) Fair value of net assets acquired $ 505,301 $ 38,500 $ 33,018 $ 1,524,610 $ 1,181,488 132,722 447,140 Noncontrolling interests in investment entities — — — — — — (724,567) Goodwill $ — $ — $ — $ — $ — $ 247,248 $ 463,120 __________ (1) In 2020, adjustments were made to the purchase price allocation of DataBank during its one year measurement period based upon information obtained about facts and circumstances that existed at the time of closing. This includes an $8.8 million decrease to deferred tax liabilities in the fourth quarter of 2020 based upon the final 2019 tax provision for DataBank. • Real estate was valued based upon (i) current replacement cost for buildings in an as-vacant state and improvements, estimated using construction cost guidelines; (ii) current replacement cost for data center infrastructure by applying an estimated cost per kilowatt based upon current capacity of each location and also considering the associated indirect costs such as design, engineering, construction and installation; (iii) recent comparable sales or current listings for land; and (iv) contracted price net of estimated selling costs for real estate held for disposition. Useful lives of real estate acquired range from 25 to 50 years for buildings and improvements, 5 to 21 years for site improvements, 10 to 20 years for data center infrastructure, and 1 to 5 years for furniture, fixtures and equipment. • Lease-related intangibles for real estate acquisitions were composed of the following: • In-place leases reflect the value of rental income forgone if the properties had been acquired vacant, and the leasing commissions, legal and marketing costs that would have been incurred to lease up the properties, with remaining lease terms ranging between 1 and 15 years. • Above- and below-market leases represent the rent differential for the remaining lease term between contractual rents of acquired leases and market rents at the time of acquisition, discounted at rates between 6% and 8%, with remaining lease terms ranging between 1 and 15 years. • Tenant relationships represent the estimated net cash flows attributable to the likelihood of lease renewal by an existing tenant relative to the cost of obtaining a new lease, taking into consideration the estimated time it would require to execute a new lease or backfill a vacant space, discounted at rates between 5.5% and 11.5%, with estimated useful lives between 5 and 15 years. • The investment management intangible assets of DBH were composed of the following: • Management contracts are valued based upon estimated net cash flows generated from the contracts, including the Company's 50% interest in Digital Colony Manager, discounted at 8%, with remaining term of the contracts ranging between 3 and 10 years. • Investor relationships—represent the fair value of potential investment management fees, net of operating costs, to be generated from repeat DBH investors in future sponsored vehicles, discounted at 11.5%, and potential carried interest discounted at 25%, with estimated useful life of 10 years. • Other intangible assets acquired were as follows: • Customer service contracts were valued based upon estimated net cash flows generated from the Databank and zColo customer service contracts that would have been forgone if such contracts were not in place, taking into consideration the time it would require to execute a new contract, with remaining term of the contracts ranging between 1 and 15 years. • Customer relationships were valued as the incremental net cash flows to the DataBank and zColo businesses attributable to the in-place customer relationships, discounted at 9.5% and 10%, respectively, with estimated useful life of 12 years. • Trade names of Digital Bridge, DataBank and zColo were valued based upon estimated savings from avoided royalty at a rate of 1% or 2%, discounted at rates between 9.5% and 11.5%, with useful lives between 1 and 10 years. • Assembled workforce was valued based upon estimated cost of recruiting and training new data center employees for zColo, with a 3 year useful life. • Other assets acquired and liabilities assumed include primarily lease ROU assets associated with leasehold data centers and corresponding lease liabilities. Lease liabilities were measured based upon the present value of future lease payments over the lease term, discounted at the incremental borrowing rate of the respective acquirees. Deferred tax liabilities recognized upon acquisition represent the tax effect on book-to-tax basis difference, associated with DataBank real estate assets and DBH management contract intangibles. • Assumed debt was valued based upon market rates and spreads that prevailed at the time of acquisition for debt with similar terms and remaining maturities. • Noncontrolling interests in investment entities were valued based upon their proportionate share of the respective net assets at fair value. • In a business combination, the excess of the fair value of consideration transferred over the fair value of identifiable assets acquired, liabilities assumed and noncontrolling interests, is recorded as goodwill. The DBH and DataBank goodwill are each assigned to the Digital IM and Digital Operating segments, respectively. The DBH acquisition is a strategic transaction that is expected to generate meaningful accretion in value to the Company through expansion of the digital investment management platform by combining the industry sector knowledge, experience and relationships from the DBH team with the capital raising resources of the Company, as represented by the value of the DBH goodwill. The DataBank goodwill represents the value embodied in the potential for future customers, revenue and profit growth in the colocation business, and industry knowledge, experience and relationships contributed by the DataBank management team. In an asset acquisition, the cost of the assets acquired and liabilities assumed is allocated based upon their relative fair value and does not give rise to goodwill.

Real Estate

Real Estate	12 Months Ended
	Dec. 31, 2021
Real Estate [Abstract]
Real Estate	Real Estate The following table summarizes the Company's real estate held for investment in the digital operating segment. Real estate held for disposition is presented in Note 11. (In thousands) December 31, 2021 December 31, 2020 Land $ 206,588 $ 168,145 Buildings and improvements 1,295,204 966,839 Data center infrastructure 3,785,561 3,396,854 Construction in progress 77,014 38,210 5,364,367 4,570,048 Less: Accumulated depreciation (392,083) (118,184) Real estate assets, net $ 4,972,284 $ 4,451,864 Real Estate Depreciation Depreciation of real estate held for investment was $275.8 million in 2021 and $117.1 million in 2020. Depreciation was immaterial in 2019 as the Company's first digital operating real estate portfolio was acquired in late December 2019. Property Operating Income Components of property operating income in the digital operating segment are as follows. This excludes amounts related to discontinued operations (Note 12). Year Ended December 31, (In thousands) 2021 2020 2019 Lease income: Fixed lease income $ 609,005 $ 226,478 $ 3,779 Variable lease income 92,701 38,913 377 701,706 265,391 4,156 Data center service revenue 61,044 47,537 1,882 $ 762,750 $ 312,928 $ 6,038 In 2021, property operating income from a single customer accounted for approximately 16.7% of the Company's total revenues from continuing operations, or approximately 7.8% of the Company's share of total revenues from continuing operations, net of amounts attributable to noncontrolling interests in investment entities. There was no similar tenant concentration in 2020 and 2019. Future Fixed Lease Income At December 31, 2021, future fixed lease payments receivable under noncancelable operating leases for real estate held for investment in the digital operating segment were as follows. These operating leases have expiration dates through 2041, excluding month-to-month leases, and renewal options and early termination rights at the lessee's election unless such options or rights are reasonably certain to be exercised. Year Ending December 31, (In thousands) 2022 $ 555,384 2023 423,557 2024 341,937 2025 295,824 2026 272,651 2027 and thereafter 1,441,452 Total $ 3,330,805 Purchase Commitments In January 2022, the Company's subsidiary, DataBank, entered into a definitive agreement to acquire four colocation data centers in Houston, Texas for $670 million, which will add approximately 308,000 built square feet to its portfolio. Based upon the expected equity funding by DataBank, the Company's share of the investment is anticipated to be $91.4 million, following which the Company's interest in DataBank will approximate 21.8% (21.9% in January 2022 preceding this transaction, refer to Note 3). The transaction is expected to close in March 2022, subject to customary closing conditions and regulatory approval.

Equity Investments

Equity Investments	12 Months Ended
	Dec. 31, 2021
Equity Method Investments and Joint Ventures [Abstract]
Equity Investments	Equity Investments The Company's equity investments, excluding investments held for disposition (Note 11), are represented by the following: (In thousands) December 31, 2021 December 31, 2020 Equity method investments BRSP (1) $ 284,985 $ 356,772 Company-sponsored private funds (2) 382,694 173,039 Investments under fair value option (Note 13) — 28,540 Other 5,417 16,160 673,096 574,511 Other equity investments Marketable securities (Note 13) 201,912 218,485 Private funds and non-traded REIT 49,575 — Other 10,570 — $ 935,153 $ 792,996 __________ (1) Excludes approximately 461,000 shares and 3.1 million units in BRSP held by NRF Holdco that are included in assets held for disposition (Note 11), of the Company's aggregate holdings of 38.5 million shares and units in BRSP at December 31, 2021 (47.9 million at December 31, 2020). (2) Includes unrealized carried interest of approximately $112.0 million at December 31, 2021 and $12.7 million at December 31, 2020 in connection with sponsored investment vehicles that are in the early stage of their lifecycle, of which a substantial portion is shared with certain employees. The Company's equity investments represent noncontrolling equity interests in various entities, primarily BRSP, interests in the Company's sponsored digital investment vehicles, and marketable securities held largely by private open-end liquid funds sponsored and consolidated by the Company. For equity method investments, the liabilities of the investment entities may only be settled using the assets of these entities and there is no recourse to the general credit of the Company for the obligations of these entities. The Company is not required to provide financial or other support in excess of its capital commitments, where applicable, and its exposure is limited to its investment balance. The Company evaluates its equity method investments for other-than-temporary impairment ("OTTI") at each reporting period. Other than BRSP, OTTI was recorded only on equity method investments held for disposition, as discussed in Note 11. BRSP The Company owned a 29% interest in BRSP at December 31, 2021 (36.4% at December 31, 2020), accounted for under the equity method as it exercises significant influence over BRSP's operating and financial policies through its substantial ownership interest. The following discussion encompasses all of the Company's interest in BRSP. This includes the Company's interest in BRSP held by NRF Holdco that is presented as held for disposition and discontinued operations, and was subsequently disposed in February 2022. Disposition —In August 2021, the Company sold 9,487,500 BRSP shares through a secondary offering by BRSP for net proceeds of approximately $81.8 million, after underwriting discounts. A net gain was recognized in equity method earnings within continuing operations of $7.6 million (including a proportion of basis difference associated with the BRSP shares disposed, as discussed below). OTTI —The Company determined there was no OTTI on its investment in BRSP in 2021. At December 31, 2021, the fair value of the Company's investment in BRSP, based upon its closing stock price of $10.26 per share, was in excess of its carrying value. In the second quarters of 2020 and 2019, the Company had determined that its investment in BRSP was other-than-temporarily impaired and recorded impairment charges, included in equity method losses, of $274.7 million and $227.9 million, respectively, measured as the excess of carrying value of its investment in BRSP over market value based upon BRSP's closing stock price on June 30, 2020 and June 30, 2019, respectively. Basis Difference —The impairment charges recorded by the Company on its investment in BRSP in 2020 and 2019 resulted in a basis difference between the Company's carrying value of its investment in BRSP (based upon BRSP's share price at the time of impairment) and the Company's proportionate share of BRSP's book value of equity at the time of impairment. The impairment charges were applied to the Company's investment in BRSP as a whole and were not determined based upon an impairment assessment of individual assets held by BRSP. Therefore, the impairment charges were generally allocated on a relative fair value basis across BRSP's various investments. Accordingly, for any subsequent resolutions or write-downs taken by BRSP on these investments, the Company's share thereof is not recorded as an equity method loss but is applied to reduce the basis difference until such time the basis difference in connection with the respective investments has been fully eliminated. Upon resolution of these investments by BRSP or upon the Company's disposition of its shares in BRSP, the basis difference related to resolved investments or the proportion of basis difference associated with the BRSP shares disposed is applied to calculate the Company's share of net gain or loss resulting from such resolution or disposition. The Company increased its share of net earnings or reduced its share of net losses from BRSP by $110.3 million, $83.9 million and $141.1 million for the years ended December 31, 2021, 2020 and 2019 , respectively, representing the basis difference allocated to investments that were resolved or impaired by BRSP during these periods and the basis difference proportionate to the Company's ownership in BRSP that was disposed in August 2021. The remaining basis difference at December 31, 2021 was $167.3 million. Combined Financial Information of Equity Method Investees The following tables present selected combined financial information of the Company's equity method investees, excluding investees classified as held for disposition. Amounts presented represent combined totals at the investee level and not the Company's proportionate share. Selected Combined Balance Sheet Information (In thousands) December 31, 2021 December 31, 2020 Total assets $ 19,383,775 $ 15,994,792 Total liabilities 5,500,143 8,694,771 Owners' equity 13,847,605 6,733,371 Noncontrolling interests 36,027 566,650 Selected Combined Statements of Operations Information Year Ended December 31, (In thousands) 2021 2020 2019 Total revenues $ 264,237 $ 345,053 $ 855,634 Net income (loss) 667,381 (323,058) (956,908) Net income (loss) attributable to noncontrolling interests (3,535) (34,602) (84,296) Net income (loss) attributable to owners 670,916 (288,456) (872,612) Investment and Lending Commitments Sponsored Funds At December 31, 2021, the Company had unfunded commitments of $88.8 million to the Company's sponsored funds in its flagship digital opportunistic strategy, DBP I and Digital Bridge Partners II, LP ("DBP II," formerly Digital Colony Partners II, LP or DCP II). Loans Receivable DataBank— The Company's DataBank subsidiary has a lending commitment to a borrower, the funding of which is contingent on the borrower meeting certain criteria such as agreed upon benchmarks, financial and operating metrics and approved budgets. At December 31, 2021, the unfunded lending commitment was $25.0 million, of which the Company's share was $5.0 million, net of amounts attributable to noncontrolling interests in investment entities.

Goodwill, Deferred Leasing Cost

Goodwill, Deferred Leasing Costs and Other Intangibles	12 Months Ended
	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill, Deferred Leasing Costs and Other Intangibles	Goodwill, Deferred Leasing Costs and Other Intangibles Goodwill Goodwill balance by reportable segment at both December 31, 2021 and 2020 is as follows. (In thousands) Digital Investment Management (1) $ 298,248 Digital Operating 463,120 Total goodwill $ 761,368 __________ (1) Goodwill of $133.0 million is deductible for income tax purposes. The Company determined that there were no indicators of impairment to goodwill in the digital reportable segments in 2021 and 2020. Deferred Leasing Costs, Other Intangible Assets and Intangible Liabilities Deferred leasing costs and identifiable intangible assets and liabilities, excluding those related to assets held for disposition, are as follows. December 31, 2021 December 31, 2020 (In thousands) Carrying Amount (Net of Impairment) (1) Accumulated Amortization (1) Net Carrying Amount (1) Carrying Amount (Net of Impairment) (1) Accumulated Amortization (1) Net Carrying Amount (1) Deferred Leasing Costs and Intangible Assets Deferred leasing costs and lease-related intangible assets (2) $ 1,148,441 $ (256,987) $ 891,454 $ 1,046,095 $ (81,547) $ 964,548 Investment management intangibles (3) 164,189 (61,435) 102,754 164,188 (35,405) 128,783 Customer relationships and service contracts (4) 218,064 (44,496) 173,568 217,808 (13,546) 204,262 Trade names 26,400 (11,266) 15,134 41,900 (4,713) 37,187 Other (5) 6,818 (2,101) 4,717 6,200 (220) 5,980 Total deferred leasing costs and intangible assets $ 1,563,912 $ (376,285) $ 1,187,627 $ 1,476,191 $ (135,431) $ 1,340,760 Intangible Liabilities Lease intangible liabilities (2) $ 44,076 $ (10,775) $ 33,301 $ 44,224 $ (4,436) $ 39,788 __________ (1) Amounts are presented net of impairments and write-offs. (2) Lease intangible assets are composed of in-place leases, above-market leases and tenant relationships. Lease-intangible liabilities are composed of below-market leases. (3) Composed of investment management contracts and investor relationships. (4) In connection with data center services provided in the colocation data center business. (5) Represents primarily the value of an acquired domain name and assembled workforce in an asset acquisition. Impairment of Identifiable Intangible Assets In 2020, an investment management contract was written down by $3.8 million to a fair value of $4.0 million at the time of impairment. Fair value was based upon the revised future net cash flows over the remaining life of the contract, and represents fair value using Level 3 inputs. In 2021 and 2019, impairment was recorded only on identifiable intangible assets held for disposition, as discussed in Note 11. Amortization of Intangible Assets and Liabilities The following table summarizes amortization of deferred leasing costs and finite-lived intangible assets and intangible liabilities, excluding amounts related to discontinued operations (Note 12): Year Ended December 31, (In thousands) 2021 2020 2019 Net decrease to rental income (1) $ (2,471) $ (1,989) $ — Amortization expense Deferred leasing costs and lease-related intangibles $ 165,940 $ 75,099 $ 489 Investment management intangibles 26,028 25,285 9,213 Customer relationships and service contracts 31,040 13,297 1,156 Trade name 22,053 4,503 186 Other 1,882 174 38 $ 246,943 $ 118,358 $ 11,082 __________ (1) Represents the net effect of amortizing above- and below-market leases. The following table presents the future amortization of deferred leasing costs and finite-lived intangible assets and intangible liabilities, excluding those related to assets and liabilities held for disposition. Year Ending December 31, (In thousands) 2022 2023 2024 2025 2026 2027 and thereafter Total Net increase (decrease) to rental income $ (1,363) $ (900) $ (1,043) $ (1,419) $ (1,311) $ 690 $ (5,346) Amortization expense 157,362 137,974 112,619 102,698 97,274 541,053 1,148,980

Restricted Cash, Other Assets a

Restricted Cash, Other Assets and Other Liabilities	12 Months Ended
	Dec. 31, 2021
Restricted Cash, Other Assets And Other Liabilities [Abstract]
Restricted Cash, Other Assets and Other Liabilities	Restricted Cash, Other Assets and Other Liabilities Restricted Cash Restricted cash represents principally cash reserves that are maintained pursuant to the governing agreements of the various securitized debt of the Company and its subsidiaries. Other Assets The following table summarizes the Company's other assets: (In thousands) December 31, 2021 December 31, 2020 Straight-line rents $ 25,516 $ 8,991 Investment deposits and pending deal costs 22,238 33,802 Prefunded capital expenditures for Vantage SDC 24,293 48,881 Deferred financing costs, net (1) — 1,186 Derivative assets 944 99 Prepaid taxes and deferred tax assets, net 29,347 49,729 Receivables from resolution of investment 10,463 — Operating lease right-of-use asset, net (2) 349,509 363,829 Finance lease right-of-use asset, net 131,909 143,182 Accounts receivable, net (3) 83,878 50,808 Prepaid expenses 20,303 19,897 Other assets 24,835 43,262 Fixed assets, net (4) 17,160 21,246 Total other assets $ 740,395 $ 784,912 __________ (1) Deferred financing costs relate to revolving credit arrangements originated by the Company and its subsidiaries. The Company's corporate credit facility was terminated in July 2021. (2) Net of impairment of $9.4 million at December 31, 2020 for corporate office leases as the Company determined there is a reduced need for office space based upon the Company's current operations and had abandoned certain leased spaces. (3) Includes primarily receivables from tenants and is presented net of immaterial allowance for doubtful accounts, where applicable. (4) Net of accumulated depreciation of $19.2 million in 2021 and $13.5 million in 2020. Accrued and Other Liabilities The following table summarizes the Company's accrued and other liabilities: (In thousands) December 31, 2021 December 31, 2020 Deferred income (1) $ 37,143 $ 23,870 Interest payable 14,870 13,653 Derivative liabilities — 103,772 Current and deferred income tax liability (Note 19) 2,016 99,470 Operating lease liability 342,510 341,561 Finance lease liability 142,777 148,974 Accrued compensation 64,100 75,666 Accrued carried interest and incentive fee compensation 67,258 1,907 Accrued real estate and other taxes 10,523 6,658 Payable for Vantage SDC expansion capacity (Note 3) 55,896 — Accounts payable and accrued expenses 121,931 120,683 Due to affiliates (Note 18) — 601 Other liabilities 69,018 98,068 Accrued and other liabilities $ 928,042 $ 1,034,883 __________ (1) Represents primarily prepaid rental income, upfront payment received for data center installation services, and deferred investment management fees. Deferred investment management fees of $6.0 million at December 31, 2021 and $6.1 million at December 31, 2020 are expected to be recognized as fee income over a weighted average period of 3.2 years and 1.9 years, respectively.

Debt

Debt	12 Months Ended
	Dec. 31, 2021
Debt Disclosure [Abstract]
Debt	Debt The Company's debt balance is composed of the following components, excluding debt related to assets held for disposition that is expected to be assumed by the counterparty upon disposition, which is included in liabilities related to assets held for disposition (Note 11). (In thousands) Securitized Financing Facility Convertible and Exchangeable Senior Notes Investment-Level Secured Debt Total Debt December 31, 2021 Debt at amortized cost Principal $ 300,000 $ 338,739 $ 4,283,983 $ 4,922,722 Premium (discount), net — (3,091) 17,629 14,538 Deferred financing costs (8,606) (1,384) (66,868) (76,858) $ 291,394 $ 334,264 $ 4,234,744 $ 4,860,402 December 31, 2020 Debt at amortized cost Principal $ — $ 531,502 $ 3,424,130 $ 3,955,632 Premium (discount), net — (8,310) 24,544 16,234 Deferred financing costs — (2,670) (38,207) (40,877) $ — $ 520,522 $ 3,410,467 $ 3,930,989 The following table summarizes certain key terms of the Company's debt. Fixed Rate Variable Rate Total ($ in thousands) Outstanding Principal Weighted Average Interest Rate (Per Annum) (1) Weighted Average Years Remaining to Maturity (2) Outstanding Principal Weighted Average Interest Rate (Per Annum) (1) Weighted Average Years Remaining to Maturity (2) Outstanding Principal Weighted Average Interest Rate (Per Annum) (1) Weighted Average Years Remaining to Maturity (2) December 31, 2021 Recourse Secured Fund Fee Revenue Notes (3) $ 300,000 3.93 % 4.7 $ — N/A N/A $ 300,000 3.93 % 4.7 Convertible and exchangeable senior notes (4) 338,739 5.31 % 2.2 — N/A N/A 338,739 5.31 % 2.2 638,739 — 638,739 Non-recourse Investment-Level Secured Debt Digital Operating 3,646,466 2.44 % 4.1 571,017 5.74 % 4.0 4,217,483 2.88 % 4.1 Other — N/A N/A 66,500 1.31 % 1.6 66,500 1.31 % 1.6 3,646,466 637,517 4,283,983 $ 4,285,205 $ 637,517 $ 4,922,722 December 31, 2020 Recourse Convertible and exchangeable senior notes (4) $ 531,502 5.36 % 3.4 $ — N/A N/A $ 531,502 5.36 % 3.4 Secured debt (5) 32,815 5.02 % — — N/A N/A 32,815 5.02 % — 564,317 — 564,317 Non-recourse Investment-Level Secured Debt Digital Operating 2,132,852 2.54 % 4.8 1,093,991 5.92 % 4.4 3,226,843 3.69 % 4.7 Other — N/A N/A 164,472 3.85 % 0.1 164,472 3.85 % 0.1 2,132,852 1,258,463 3,391,315 $ 2,697,169 $ 1,258,463 $ 3,955,632 __________ (1) Calculated based upon outstanding debt principal at balance sheet date. For variable rate debt, weighted average interest rate is calculated based upon the applicable index plus spread at balance sheet date. (2) Calculated based upon anticipated repayment dates for notes issued under securitization financing; otherwise based upon initial maturity dates, or extended maturity dates if extension criteria are met for extensions that are at the Company's option. (3) Represent obligations of special-purpose subsidiaries of the OP as co-issuers and certain other special-purpose subsidiaries of DBRG, and secured by assets of these special-purpose subsidiaries, as further described below. DBRG and the OP are not guarantors to the debt. (4) Excludes the 5.375% exchangeable senior notes issued by NRF Holdco as they are classified as held for disposition (Note 11). (5) The fixed rate recourse debt was secured by the Company's aircraft and was repaid in January 2021 upon sale of the aircraft. Corporate Credit Facility In July 2021, the Company repaid the outstanding balance and terminated its corporate credit facility, which was replaced with the Company's new securitized financing facility, as discussed below. Prior to termination, the credit facility provided revolving commitments of $300 million based upon terms amended in May 2021 ($450 million at December 31, 2020), with the maximum amount available to be drawn limited by a borrowing base of certain investment assets, generally valued based upon a percentage of adjusted net book value or a multiple of base management fee EBITDA (as defined in the credit agreement). Advances under the credit facility accrued interest at a per annum rate equal to, at the Company’s election, either the 1-month London Interbank Offered Rate ("LIBOR") plus a margin of 2.75%, or a base rate determined according to a prime rate or federal funds rate plus a margin of 1.75%. Unused commitments under the credit facility were subject to a commitment fee of 0.35% per annum. Securitized Financing Facility In July 2021, special-purpose subsidiaries of the OP (the "Co-Issuers") issued $500 million aggregate principal amount of Series 2021-1 Secured Fund Fee Revenue Notes, composed of: (i) $300 million aggregate principal amount of 3.933% Secured Fund Fee Revenue Notes, Series 2021-1, Class A-2 (the “Class A-2 Notes”); and (ii) up to $200 million Secured Fund Fee Revenue Variable Funding Notes, Series 2021-1, Class A-1 (the “VFN Notes” and, together with the Class A-2 Notes, the “Series 2021-1 Notes”). The VFN Notes allow the Co-Issuers to borrow on a revolving basis. The Series 2021-1 Notes were issued under an Indenture that allows the Co-Issuers to issue additional series of notes in the future, subject to certain conditions. The Series 2021-1 Notes represent obligations of the Co-Issuers and certain other special-purpose subsidiaries of DBRG, and neither DBRG, the OP nor any of its other subsidiaries are liable for the obligations of the Co-Issuers. The Series 2021-1 Notes are secured by investment management fees earned by subsidiaries of DBRG, equity interests in certain digital portfolio companies and limited partnership interests in certain digital funds managed by subsidiaries of DBRG, as collateral. The Class A-2 Notes bear interest at a rate of 3.933% per annum, payable quarterly. The VFN Notes bear interest generally based upon 3-month LIBOR (or an alternate benchmark as set forth in the purchase agreement of the VFN Notes) plus 3%. Unused amounts under the VFN Notes facility is subject to a commitment fee of 0.5% per annum. The final maturity date of the Class A-2 Notes is in September 2051, with an anticipated repayment date in September 2026. The anticipated repayment date of the VFN Notes is in September 2024, subject to two one The Series 2021-1 Notes may be optionally prepaid, in whole or in part, prior to their anticipated repayment dates. There is no prepayment penalty on the VFN Notes. However, prepayment of the Class A-2 Notes will be subject to additional consideration based upon the difference between the present value of future payments of principal and interest and the outstanding principal of such Class A-2 Note that is being prepaid; or 1% of the outstanding principal of such Class A-2 Note that is being prepaid in connection with a disposition of collateral. The Indenture of the Series 2021-1 Notes contains various covenants, including financial covenants that require the maintenance of minimum thresholds for debt service coverage ratio and maximum loan-to-value ratio, as defined. As of the date of this filing, the Co-Issuers are in compliance with all of the financial covenants. Issuance of the Class A-2 Notes generated proceeds of $285.1 million, net of offering expenses and $5.4 million of interest reserve deposits. The Series 2021-1 Notes will provide funding for acquisition of digital infrastructure investments, satisfying commitments to sponsored funds, redemption or repayment of the Company's other higher cost corporate securities, and/or general corporate utilization. As of the date of this filing, the full $200 million under the VFN Notes is available to be drawn. Convertible and Exchangeable Senior Notes Convertible and exchangeable senior notes (collectively, the senior notes) are composed of the following, each representing senior unsecured obligations of DigitalBridge Group, Inc. or a subsidiary as the respective issuers of the senior notes: Description Issuance Date Due Date Interest Rate (per annum) Conversion or Exchange Price (per share of common stock) Conversion or Exchange Ratio (in shares) (1) Conversion or Exchange Shares (in thousands) Earliest Redemption Date Outstanding Principal December 31, 2021 December 31, 2020 Issued by DigitalBridge Group, Inc. 5.00% Convertible Senior Notes April 2013 April 15, 2023 5.00 % $ 15.76 63.4700 12,694 April 22, 2020 $ 200,000 $ 200,000 3.875% Convertible Senior Notes January and June 2014 January 15, 2021 3.875 % 16.57 60.3431 1,901 January 22, 2019 — 31,502 Issued by DigitalBridge Operating Company, LLC 5.75% Exchangeable Senior Notes July 2020 July 15, 2025 5.750 % 2.30 434.7826 60,321 July 21, 2023 138,739 300,000 $ 338,739 $ 531,502 __________ (1) The conversion or exchange rate for the senior notes is subject to periodic adjustments to reflect certain carried-forward adjustments relating to common stock splits, reverse stock splits, common stock adjustments in connection with spin-offs and cumulative cash dividends paid on the Company's common stock since the issuances of the respective senior notes. The conversion or exchange ratios are presented in shares of common stock per $1,000 principal of each senior note. The senior notes mature on their respective due dates, unless earlier redeemed, repurchased, converted or exchanged, as applicable. The outstanding senior notes are convertible or exchangeable at any time by holders of such notes into shares of the Company’s common stock at the applicable conversion or exchange rate, which is subject to adjustment upon occurrence of certain events. To the extent certain trading conditions of the Company’s common stock are met, the senior notes are redeemable by the applicable issuer thereof in whole or in part for cash at any time on or after their respective earliest redemption dates at a redemption price equal to 100% of the principal amount of such senior notes being redeemed, plus accrued and unpaid interest (if any) up to, but excluding, the redemption date. In the event of certain change in control transactions, holders of the senior notes have the right to require the applicable issuer to purchase all or part of such holder's senior notes for cash in accordance with terms of the governing documents of the respective senior notes. Issuance, Repurchase and Repayment of Senior Notes The 3.875% convertible senior notes were fully extinguished following a $31.5 million repayment upon maturity in January 2021 and a $371.0 million repurchase in the third quarter of 2020, primarily funded by net proceeds from the July 2020 issuance of the 5.75% exchangeable senior notes by the OP. Exchange of Senior Notes into Common Shares In the fourth quarter of 2021, DBRG and the OP entered into privately negotiated exchange agreements (the "Early Exchange Agreements") with certain noteholders of the 5.75% exchangeable notes. The parties to the Early Exchange Agreements agreed to exchange transactions for which the original exchange ratio of 434.7826 shares per $1,000 of principal amount of notes was adjusted to account for savings on avoided future interest payments otherwise due to the noteholders. Pursuant to the Early Exchange Agreements, in October 2021 and November 2021, in aggregate, the Company exchanged $161.3 million of outstanding principal of the 5.75% exchangeable notes into 73,365,420 shares of the Company's class A common stock and paid $3.1 million for accrued and unpaid interest through the date of the respective exchanges. Debt conversion expense totaling approximately $25.1 million was recognized in interest expense, representing the shares of the Company's class A common stock issued in excess of such shares issuable pursuant to the original exchange ratio, measured at fair value based upon the closing price of the Company's class A common stock on the date of the respective Early Exchange Agreements. Investment-Level Secured Debt These are investment level financing that are non-recourse to the Company and secured by underlying commercial real estate or loans receivable. Digital Operating —In March 2021 and October 2021, DataBank raised $657.9 million and $332 million of 5-year securitized notes at blended fixed rates of 2.32% and 2.43% per annum, respectively. Proceeds from the March securitization were applied principally to refinance $514 million of outstanding debt, which meaningfully reduced DataBank's overall cost of debt and extended its debt maturities, while the October proceeds were used to repay borrowings on its credit facility and to finance future acquisitions. In November 2021, Vantage SDC issued $530 million of 5-year securitized notes at a blended fixed rate of 2.17% per annum. Proceeds were applied to replace its current bridge financing and fund capital expenditures on the September 2021 add-on acquisition as well as to fund payments for future build-out and lease-up of expansion capacity. Other —In the third quarter of 2021, the Company entered into a credit facility to fund the acquisition of loans that are warehoused for a future securitization vehicle. At December 31, 2021, $83.5 million was available to be drawn from the facility. Future Minimum Principal Payments The following table summarizes future scheduled minimum principal payments of debt at December 31, 2021, excluding debt classified as held for disposition (Note 11). Future debt principal payments are presented based upon anticipated repayment dates for notes issued under securitization financing, otherwise based upon initial maturity dates or extended maturity dates if extension criteria are met at December 31, 2021 for extensions that are at the Company's option. Year Ending December 31, (In thousands) 2022 2023 2024 2025 2026 2027 and thereafter Total Secured fund fee revenue notes $ — $ — $ — $ — $ 300,000 $ — $ 300,000 Convertible and exchangeable senior notes — 200,000 — 138,739 — — 338,739 Investment-level secured debt Digital Operating 6,230 228,793 616,503 1,146,267 1,619,690 600,000 4,217,483 Other — 66,500 — — — — 66,500 Total $ 6,230 $ 495,293 $ 616,503 $ 1,285,006 $ 1,919,690 $ 600,000 $ 4,922,722

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2021
Equity [Abstract]
Stockholders' Equity	Stockholders’ Equity The table below summarizes the share activities of the Company's preferred and common stock. Number of Shares (In thousands) Preferred Stock Class A Common Stock Class B Common Stock Shares outstanding at December 31, 2018 57,464 483,347 734 Redemption of preferred stock (16,114) — — Shares issued upon redemption of OP Units — 188 — Repurchase of common stock — (652) — Equity-based compensation, net of forfeitures — 4,850 — Shares canceled for tax withholding on vested stock awards — (689) — Shares outstanding at December 31, 2019 41,350 487,044 734 Shares issued upon redemption of OP Units — 2,184 — Repurchase of common stock, net (1) — (12,733) — Equity awards issued, net of forfeitures — 9,680 — Shares canceled for tax withholding on vested equity awards — (2,769) — Shares outstanding at December 31, 2020 41,350 483,406 734 Redemption of preferred stock (6,010) — — Exchange of notes for class A common stock — 73,365 — Shares issued upon redemption of OP Units — 2,005 — Conversion of class B to class A common stock — 68 (68) Shares issued pursuant to settlement liability (1) — 5,954 — Equity awards issued, net of forfeitures — 6,575 — Shares canceled for tax withholding on vested equity awards — (2,796) — Shares outstanding at December 31, 2021 35,340 568,577 666 __________ (1) Shares repurchased in 2020 are presented net of reissuance of 964,160 shares of class A common stock in connection with a settlement liability. In 2021, the liability was settled through the reissuance of some of the repurchased shares that were held in a subsidiary (Note 13). Shares repurchased and not reissued were cancelled. Preferred Stock In the event of a liquidation or dissolution of the Company, preferred stockholders have priority over common stockholders for payment of dividends and distribution of net assets. The table below summarizes the preferred stock issued and outstanding at December 31, 2021: Description Dividend Rate Per Annum Initial Issuance Date Shares Outstanding (in thousands) Par Value (in thousands) Liquidation Preference (in thousands) Earliest Redemption Date Series H 7.125 % April 2015 8,940 $ 89 $ 223,500 Currently redeemable Series I 7.15 % June 2017 13,800 138 345,000 June 5, 2022 Series J 7.125 % September 2017 12,600 126 315,000 September 22, 2022 35,340 $ 353 $ 883,500 All series of preferred stock are at parity with respect to dividends and distributions, including distributions upon liquidation, dissolution or winding up of the Company. Dividends on Series H, I and J of preferred stock are payable quarterly in arrears in January, April, July and October. Each series of preferred stock is redeemable on or after the earliest redemption date for that series at $25.00 per share plus accrued and unpaid dividends (whether or not declared) exclusively at the Company’s option. The redemption period for each series of preferred stock is subject to the Company’s right under limited circumstances to redeem the preferred stock earlier in order to preserve its qualification as a REIT or upon the occurrence of a change of control (as defined in the articles supplementary relating to each series of preferred stock). Preferred stock generally does not have any voting rights, except if the Company fails to pay the preferred dividends for six or more quarterly periods (whether or not consecutive). Under such circumstances, the preferred stock will be entitled to vote, together as a single class with any other series of parity stock upon which like voting rights have been conferred and are exercisable, to elect two additional directors to the Company’s board of directors, until all unpaid dividends have been paid or declared and set aside for payment. In addition, certain changes to the terms of any series of preferred stock cannot be made without the affirmative vote of holders of at least two-thirds of the outstanding shares of each such series of preferred stock voting separately as a class for each series of preferred stock. Redemption of Preferred Stock The Company redeemed all of its outstanding 7.5% Series G preferred stock in August 2021 for $86.8 million using proceeds from its securitized financing facility and 2,560,000 shares of its 7.125% Series H preferred stock in November 2021 for approximately $64.4 million. In January 2020, the Company settled the December 2019 redemption of its outstanding Series B and Series E preferred stock for $402.9 million. All preferred stock redemptions are at $25.00 per share liquidation preference plus accrued and unpaid dividends prorated to their redemption dates. The excess or deficit of the $25.00 per share liquidation preference over the carrying value of the preferred stock redeemed results in a decrease or increase to net income attributable to common stockholders, respectively. Common Stock Except with respect to voting rights, class A common stock and class B common stock have the same rights and privileges and rank equally, share ratably in dividends and distributions, and are identical in all respects as to all matters. Class A common stock has one vote per share and class B common stock has thirty-six and one-half votes per share. This gives the holders of class B common stock a right to vote that reflects the aggregate outstanding non-voting economic interest in the Company (in the form of OP Units) attributable to class B common stock holders and therefore, does not provide any disproportionate voting rights. Class B common stock was issued as consideration in the Company's acquisition in April 2015 of the investment management business and operations of its former manager, which was previously controlled by the Company's former Executive Chairman. Each share of class B common stock shall convert automatically into one share of class A common stock if the former Executive Chairman or his beneficiaries directly or indirectly transfer beneficial ownership of class B common stock or OP Units held by them, other than to certain qualified transferees, which generally includes affiliates and employees. In addition, each holder of class B common stock has the right, at the holder’s option, to convert all or a portion of such holder’s class B common stock into an equal number of shares of class A common stock. The Company suspended dividends on its class A common stock beginning with the second quarter of 2020. Payment of common dividends was previously subject to certain restrictions under the terms of the corporate credit facility, which was terminated in July 2021. The Company continues to monitor its financial performance and liquidity position, and will reevaluate its dividend policy as conditions improve. Common Stock Repurchases During the first quarter of 2020 and for the year ended December 31, 2019, the Company repurchased its class A common stock totaling 12,733,204 shares at a cost of $24.6 million and 652,311 shares at a cost of $3.2 million, respectively, or a weighted average price of $1.93 and $4.84 per share, respectively, pursuant to a $300 million share repurchase program that expired in May 2020. Dividend Reinvestment and Direct Stock Purchase Plan The Company's Dividend Reinvestment and Direct Stock Purchase Plan (the “DRIP Plan”) provides existing common stockholders and other investors the opportunity to purchase shares (or additional shares, as applicable) of the Company's class A common stock by reinvesting some or all of the cash dividends received on their shares of the Company's class A common stock or making optional cash purchases within specified parameters. The DRIP Plan involves the acquisition of the Company's class A common stock either in the open market, directly from the Company as newly issued common stock, or in privately negotiated transactions with third parties. There were no shares of class A common stock acquired under the DRIP Plan in the form of new issuances in the last three years. Accumulated Other Comprehensive Income (Loss) The following tables present the changes in each component of AOCI attributable to stockholders and noncontrolling interests in investment entities, net of immaterial tax effect. AOCI attributable to noncontrolling interests in Operating Company is immaterial. Changes in Components of AOCI—Stockholders (In thousands) Company's Share in AOCI of Equity Method Investments Unrealized Gain (Loss) on AFS Debt Securities Unrealized Gain (Loss) on Cash Flow Hedges Foreign Currency Translation Gain (Loss) Unrealized Gain (Loss) on Net Investment Hedges Total AOCI at December 31, 2018 $ 3,629 $ (3,175) $ (91) $ 6,618 $ 7,018 $ 13,999 Other comprehensive income (loss) before reclassifications 9,206 (4,358) (2,563) (5,398) 24,945 21,832 Amounts reclassified from AOCI (3,554) 15,356 2,428 (1,081) (1,312) 11,837 AOCI at December 31, 2019 $ 9,281 $ 7,823 $ (226) $ 139 $ 30,651 $ 47,668 Other comprehensive income (loss) before reclassifications 8,437 1,844 (7) 52,468 16,008 78,750 Amounts reclassified from AOCI — (3,595) — 225 (925) (4,295) AOCI at December 31, 2020 $ 17,718 $ 6,072 $ (233) $ 52,832 $ 45,734 $ 122,123 Other comprehensive income (loss) before reclassifications (12,386) (211) — (35,001) 1,731 (45,867) Amounts reclassified from AOCI (2,998) — 233 10,153 (39,779) (32,391) Deconsolidation of investment entities — — — (1,482) — $ (1,482) AOCI at December 31, 2021 $ 2,334 $ 5,861 $ — $ 26,502 $ 7,686 $ 42,383 Changes in Components of AOCI—Noncontrolling Interests in Investment Entities (In thousands) Unrealized Gain (Loss) on Cash Flow Hedges Foreign Currency Translation Gain (Loss) Unrealized Gain (Loss) on Net Investment Hedges Total AOCI at December 31, 2018 $ (390) $ (600) $ 9,644 $ 8,654 Other comprehensive income (loss) before reclassifications (5,943) (16,848) (1,291) (24,082) Amounts reclassified from AOCI 5,328 (465) 2,306 7,169 AOCI at December 31, 2019 $ (1,005) $ (17,913) $ 10,659 $ (8,259) Other comprehensive income (loss) before reclassifications (25) 101,853 5,313 107,141 Amounts reclassified from AOCI — (95) (873) (968) AOCI at December 31, 2020 $ (1,030) $ 83,845 $ 15,099 $ 97,914 Other comprehensive loss before reclassifications — (65,127) — (65,127) Amounts reclassified from AOCI 1,030 (1,364) (15,099) (15,433) Deconsolidation of investment entities — (6,297) — (6,297) AOCI at December 31, 2021 $ — $ 11,057 $ — $ 11,057 Reclassifications out of AOCI—Stockholders Information about amounts reclassified out of AOCI attributable to stockholders by component is presented below. Such amounts are included in other gain (loss) in both continuing and discontinued operations on the statements of operations, as applicable, except for amounts related to equity method investments, which are included in equity method losses in discontinued operations. (In thousands) Year Ended December 31, Affected Line Item in the Component of AOCI reclassified into earnings 2021 2020 2019 Relief of basis of AFS debt securities $ — $ 3,595 $ — Other gain (loss), net Other-than-temporary impairment of AFS debt securities (prior to 2020) — — (15,356) Other gain (loss), net Release of foreign currency cumulative translation adjustments (10,153) (225) 1,081 Other gain (loss), net Unrealized gain on dedesignated net investment hedges — 552 (340) Other gain (loss), net Realized gain on net investment hedges 39,779 373 1,652 Other gain (loss), net Realized loss on cash flow hedges (233) — — Other gain (loss), net Deconsolidation of investment entities 1,482 — — Other gain (loss), net Release of equity in AOCI of equity method investments 2,998 — 3,554 Equity method earnings (losses)

Noncontrolling Interests

Noncontrolling Interests	12 Months Ended
	Dec. 31, 2021
Noncontrolling Interest [Abstract]
Noncontrolling Interests	Noncontrolling Interests Redeemable Noncontrolling Interests The following table presents the activity in redeemable noncontrolling interests in the Company's digital investment management business, as discussed below, and in open-end funds sponsored and consolidated by the Company. Year Ended December 31, (In thousands) 2021 2020 2019 Redeemable noncontrolling interests Beginning balance $ 305,278 $ 6,107 $ 9,385 Contributions 42,514 307,414 — Distributions and redemptions (23,246) (8,859) (5,837) Net income 34,677 616 2,559 Ending balance $ 359,223 $ 305,278 $ 6,107 Strategic Partnership in the Company's Digital Investment Management Business In July 2020, the Company formed a strategic partnership with affiliates of Wafra, Inc. (collectively, "Wafra"), a private investment firm and a global partner for alternative asset managers, in which Wafra made a minority investment in substantially all of the Company's digital investment management business (as defined for purposes of this transaction, the "Digital IM Business"). The investment entitles Wafra to participate in approximately 31.5% of the net management fees and carried interest generated by the Digital IM Business. Pursuant to this strategic partnership, Wafra has assumed directly and also indirectly through a participation interest $124.9 million of the Company's commitments to DBP I, and has a $125.0 million commitment to DBP II that has been partially funded to-date. Wafra has also agreed to make commitments to the Company's future digital funds and investment vehicles on a pro rata basis with the Company based on Wafra's percentage interest in the Digital IM Business, subject to certain caps. In addition, the Company issued Wafra five warrants to purchase up to an aggregate of 5% of the Company’s class A common stock (5% at the time of the transaction, on a fully-diluted, post-transaction basis). Each warrant entitles Wafra to purchase up to 5,352,000 shares of the Company's class A common stock, with staggered strike prices between $2.43 and $6.00 for each warrant, exercisable until July 17, 2026. No warrants have been exercised to-date. Wafra paid cash consideration of $253.6 million at closing in exchange for its investment in the Digital IM Business and for the warrants. As previously agreed, Wafra paid additional consideration of $29.9 million in the Digital IM Business in April 2021 based upon the Digital IM Business having achieved a minimum run-rate of earnings before interest, tax, depreciation and amortization (as defined for the purpose of this computation) of $72.0 million as of December 31, 2020. The Compensation Committee of the Board of Directors has approved an allocation of 50% of the contingent consideration received from Wafra as additional bonus compensation to management, to be paid on behalf of certain employees to fund a portion of their share of capital contributions to the DBP funds as capital calls are made for these funds. Compensation expense is recognized over time based upon an estimated timeline for deployment of capital by the funds, which will correspond to the timing of capital calls to be funded by the Company on behalf of management. Under certain circumstances following such time as the Digital IM Business comprises 90% or more of the Company's assets, the Company has agreed to use commercially reasonable efforts to facilitate the conversion of Wafra's interest into shares of the Company's class A common stock. There can be no assurances that such conversion would occur or on what terms and conditions such conversion would occur, including whether such conversion, if it did occur in the future, would have any adverse impact on the Company, the Company’s stock price, governance and other matters. Wafra has customary minority rights and certain other structural protections designed to protect its interests, including redemption rights with respect to its investment in the Digital IM Business and its funded commitments in certain digital funds. Wafra's redemption rights will be triggered upon the occurrence of certain events, including key person or cause events under the governing documents of certain digital funds. To further enhance the alignment of interests, the Company entered into an amended and restated restrictive covenant agreement with each of Mr. Ganzi and Mr. Jenkins, pursuant to which they agreed to certain enhanced non-solicitation provisions and extension of the term of existing non-competition agreements. Wafra’s investment provides the Company with permanent capital to pursue strategic digital infrastructure investments and further grow the Digital IM Business. Noncontrolling Interests in Operating Company Certain current and former employees of the Company directly or indirectly own interests in OP, presented as noncontrolling interests in the Operating Company. Noncontrolling interests in OP have the right to require OP to redeem part or all of such member’s OP Units for cash based on the market value of an equivalent number of shares of class A common stock at the time of redemption, or at the Company's election as managing member of OP, through issuance of shares of class A common stock (registered or unregistered) on a one-for-one basis. At the end of each period, noncontrolling interests in OP is adjusted to reflect their ownership percentage in OP at the end of the period, through a reallocation between controlling and noncontrolling interests in OP. Issuance of OP Units —The Company issued OP Units totaling 21,478,515 in July 2019 and 612,072 in December 2019 as part of the consideration for the acquisitions of DBH, valued at $111.9 million, and DataBank, valued at $3.0 million, based upon the closing price of the Company's class A common stock on July 24, 2019 and December 20, 2019, respectively (Note 3). There were no OP Units issued in 2021 and 2020.

Assets and Related Liabilities

Assets and Related Liabilities Held For Disposition	12 Months Ended
	Dec. 31, 2021
Discontinued Operations and Disposal Groups [Abstract]
Assets and Related Liabilities Held For Disposition	Assets and Related Liabilities Held for Disposition Total assets and related liabilities held for disposition are summarized below, all of which relate to discontinued operations (Note 12). These assets and liabilities are composed of: (i) those held by NRF Holdco, predominantly related to Wellness Infrastructure assets and obligations, which were subsequently disposed in February 2022; (ii) prior to disposition in December 2021, OED investments and intangible assets of the Other IM business, both of which previously resided in the Other segment; and (iii) prior to disposition in March 2021, the Company's hotel business, with the remaining hotel portfolio that was in receivership sold by the lender in September 2021. (In thousands) December 31, 2021 December 31, 2020 Assets Restricted cash $ 65,022 $ 191,692 Real estate, net 3,079,416 8,179,025 Loans receivable 55,878 1,258,539 Equity and debt investments 250,246 944,483 Goodwill, deferred leasing costs and other intangible assets, net 118,300 275,954 Other assets 100,720 327,309 Due from affiliates 7,033 60,317 Total assets held for disposition $ 3,676,615 $ 11,237,319 Liabilities Debt, net (1) $ 2,869,360 $ 7,352,828 Lease intangibles and other liabilities 219,339 533,688 Total liabilities related to assets held for disposition $ 3,088,699 $ 7,886,516 __________ (1) Represents debt related to assets held for disposition if the debt is expected to be assumed by the acquirer upon sale or if the debt is expected to be extinguished through lender's assumption of underlying collateral, and includes debt that is in receivership, in payment default or not in compliance with certain debt covenants. Includes the 5.375% exchangeable senior notes and junior subordinated debt (as described in Note 14) which are obligations of NRF Holdco as the issuer. Nonrecurring Fair Value of Assets Classified as Held for Disposition and Discontinued Operations The Company measures fair value of certain assets on a nonrecurring basis when events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. The Company initially measures assets classified as held for disposition at the lower of their carrying amounts or fair value less disposal costs. For bulk sale transactions, the unit of account is the disposal group, with any excess of the aggregate carrying value over estimated fair value less costs to sell allocated to the individual assets within the group. The historical operating results of the Wellness Infrastructure, OED, Other IM and hotel businesses included in discontinued operations also include impairment charges recorded on individual assets prior to their classification as held for disposition, as determined when events or circumstances indicated that their carrying values may not be recoverable. Real Estate —Real estate classified as held for disposition and discontinued operations that have been written down and carried at fair value totaled $3.01 billion at December 31, 2021 and $4.71 billion at December 31, 2020, generally representing Level 3 fair value. Impairment of real estate and related intangibles held for disposition was $313.4 million, $1.96 billion and $347.8 million for the years ended December 31, 2021, 2020 and 2019, respectively, reflected in discontinued operations (Note 12). Properties written down to estimated fair value at the time they were classified as held for disposition were valued using either sales price, broker opinions of value, or third-party appraisals, and in certain cases, adjusted as deemed appropriate by management to account for inherent risk associated with specific properties, and also incorporating estimated closing adjustments. The impairment assessment in 2020 also factored in the economic effects of COVID-19 on real estate values. Fair value was generally reduced for estimated disposal costs, ranging from approximately 1% to 3% of the respective fair value. For properties that were impaired in 2020 and 2019 prior to being retrospectively classified as held for disposition and discontinued operations in 2021, impairment was attributed primarily to shortened hold period assumptions, particularly in the hotel and wellness infrastructure portfolios. This was driven by the Company's accelerated digital transformation in the second quarter of 2020, the risk that the Company was unable to obtain accommodation from lenders on non-recourse mortgage debt that was then in default or at risk of default, and/or to a lesser extent, decline in property operating results, in part from the economic effects of COVID-19. Fair value of these properties was estimated based upon: (i) third party appraisals, (ii) broker opinions of value with discounts applied based upon management judgment, (iii) income capitalization approach, using net operating income for each property and applying capitalization rates between 7.0% and 12.0%; or (iv) discounted cash flow analyses with terminal values determined using terminal capitalization rates between 5.75% and 11.25%, and discount rates between 6.5% and 9.5%. The Company considered the risk characteristics of the properties and adjusted the capitalization rates and/or discount rates as applicable. Goodwill —Upon termination of the BRSP management contract on April 30, 2021, the Other IM goodwill balance of $81.6 million was fully written off as the remaining value of the Other IM reporting unit represented principally the BRSP management contract. The receipt of a one-time termination payment of $102.3 million consequently resulted in a net gain of $20.7 million, recognized within other gain (loss) in discontinued operations (Note 12). The Company had previously recognized impairment loss on its Other IM goodwill in 2020 of $79.0 million and $515.0 million in the first and second quarters, respectively, and in 2019 of $387.0 million and $401.0 million in the third and fourth quarters, respectively. In 2020, in light of the economic effects of COVID-19 and the Company's acceleration of its digital transformation in the second quarter of 2020, both of which represented indicators of impairment, the Company's quantitative tests indicated that the carrying value of the Other IM reporting unit, including goodwill, was in excess of its estimated fair value at March 31, 2020 and at June 30, 2020. The remaining fair value of the Other IM reporting unit was determined to be principally in the BRSP management contract, as no value was ascribed to (a) the future capital raising potential of the non-digital credit and opportunity fund management business as it is no longer part of the Company's long-term strategy; and (b) the hypothetical contract of internally managing the Company's non-digital balance sheet assets following significant decreases in asset values in 2020. In 2019, impairment loss on the Other IM goodwill reflected: (a) loss of future fee income from sale of the Company's industrial business, and reduction in BRSP's fee base to reflect its reduced book value in the third quarter of 2019; and (b) beginning of the Company's transition to a digital focused investment management business in the fourth quarter of 2019. Investment Management Intangible Assets —In the first quarter of 2021, the remaining investor relationship intangible asset in Other IM was impaired by $4.0 million (Note 12) to a fair value of $5.5 million based upon estimated recoverable value in a monetization of the Other IM business. In 2020 and 2019, management contracts were impaired by $4.3 million and $8.6 million, respectively, to aggregate fair values of $8.4 million and $16.9 million, respectively, at the time of impairment. Fair value was based upon revised future net cash flows over the remaining life of the contracts, generally discounted at 10%. Additionally, in the fourth quarter of 2019, an investor relationship intangible asset of $1.3 million was deemed to have no future value and was written off as the Company began to transition to a digital investment management strategy. All fair values were classified as Level 3. Equity Method Investments —Impairment on equity method investments classified as held for disposition and discontinued operations was $224.5 million, $237.5 million and $30.0 million in the years ended December 31, 2021, 2020 and 2019, respectively, reflected within equity method losses in discontinued operations (Note 12). Equity method investments that were impaired and written down to fair value in 2021 and 2020 totaled $19.7 million and $701.8 million, respectively, at the time of impairment, representing Level 3 fair value. Impairment was recorded based upon recoverable values for investments resolved or sold in 2019 and in 2021, including ADC loans accounted for as equity method investments. Significant impairments were also recorded on these ADC loans in 2020, driven by then reduced cash flow streams expected from these investments, primarily taking into consideration a combination of lower land values, delayed leasing, and/or offer prices in the market, generally discounted at rates between 10% to 20%. Recurring Fair Value of Assets Classified as Held for Disposition and Discontinued Operations Equity Investments Carried at Net Asset Value —These are equity investments held for disposition that were valued based upon NAV, specifically interests in a Company-sponsored non-traded REIT and a private fund totaling $31.2 million at December 31, 2021, and additionally, including interest in a third party real estate private fund that has since been disposed, totaling $36.2 million at December 31, 2020. Equity Method Investments under Fair Value Option —Equity method investments under fair value option were classified as Level 3. Fair value totaling $79.3 million was measured based upon indicative sales price at December 31, 2021. At December 31, 2020, fair value totaling $153.3 million was determined using primarily appraised value of real estate assets of the investee, or the initial investment value was deemed to approximate fair value for an investee engaged in real estate development during the development stage. Loans Receivable under Fair Value Option —Fair value of all loans held for disposition were classified as Level 3. At December 31, 2021, the fair value of loans held for disposition of $55.9 million represent a component of the overall sales price for the pending disposition of NRF Holdco. At December 31, 2020, loans held for disposition totaling $1.26 billion were measured either at their selling price where applicable, by comparing the current yield to the estimated yield of newly originated loans with similar credit risk or the market yield at which a third party might expect to purchase such investment, or based upon discounted cash flow projections of principal and interest expected to be collected, which include, but are not limited to, consideration of the financial standing of the borrower or sponsor as well as operating results and/or value of the underlying collateral, applying discount rates between 6.9% and 25.7%. Loans that are 90 days or more past due as to principal or interest, or where reasonable doubt exists as to timely collection, are generally considered nonperforming and placed on nonaccrual status. Following the disposition of a majority of the OED investments in December 2021, there were no such loans at December 31, 2021. At December 31, 2020, these loans, which included distressed loan portfolios that were previously acquired by the Company at a discount, had a total fair value of $873.2 million and unpaid principal balance of $2.2 billion. Debt Securities —The Company's investment in debt securities is composed of AFS N-Star CDO bonds, which are subordinate bonds retained by NRF Holdco from its sponsored collateralized debt obligations ("CDOs"), and CDO bonds originally issued by NRF Holdco that it subsequently repurchased at a discount. These CDOs are collateralized primarily by commercial real estate debt and securities. The balance of N-Star CDO bonds, classified as Level 3 fair value, is summarized as follows. Amortized Cost without Allowance for Credit Loss Allowance for Credit Loss Gross Cumulative Unrealized (in thousands) Gains Losses Fair Value December 31, 2021 $ 55,041 $ (24,882) $ 6,372 $ — $ 36,531 December 31, 2020 46,561 (24,688) 6,703 — 28,576 At December 31, 2021, the fair value of N-Star CDO bonds represent a component of the overall sales price for the disposition of NRF Holdco. At December 31, 2020, the N-Star CDO bonds were valued based upon discounted cash flow projections of principal and interest expected to be collected, taking into consideration the Company's knowledge of the underlying collateral and recent trades, if any, within the securitizations, and applying discount rates between 18.3% and 57.8%. The Company recognized provision for credit loss of $0.2 million in 2021 and $24.7 million in 2020. Credit losses were determined based upon an analysis of the present value of contractual cash flows expected to be collected from the underlying collateral as compared to the amortized cost basis of the security. Level 3 Recurring Fair Values The following table presents changes in recurring Level 3 fair value assets held for disposition. Realized and unrealized gains (losses) are included in AOCI for AFS debt securities, other gain (loss) for loans receivable and equity method losses for equity method investments, all of which were presented in discontinued operations (Note 12). Fair Value Option (In thousands) AFS Debt Securities Held for Disposition Loans Held for Disposition Equity Method Investments Held for Disposition Fair value at December 31, 2019 $ 54,859 $ — $ 197,875 Election of fair value option on January 1, 2020 — 1,556,131 — Reclassification of accrued interest on January 1, 2020 — 13,504 — Purchases, drawdowns, contributions and accretion 4,043 159,019 6,539 Paydowns, distributions and sales (5,784) (274,100) (967) Change in accrued interest and capitalization of paid-in-kind interest — 32,630 — Allowance for credit losses (24,688) — — Realized and unrealized losses in earnings, net — (299,405) (62,413) Other comprehensive income (loss) (1) 146 70,760 12,225 Fair value at December 31, 2020 $ 28,576 $ 1,258,539 $ 153,259 Net unrealized gains (losses) on instruments held at December 31, 2020 In earnings $ — $ (282,801) $ (62,413) In other comprehensive loss $ 146 N/A N/A Fair value at December 31, 2020 $ 28,576 $ 1,258,539 $ 153,259 Purchases, drawdowns, contributions and accretion 10,049 19,070 8 Paydowns, distributions and sales (1,569) (440,646) (12,594) Change in accrued interest and capitalization of paid-in-kind interest — 5,801 — Allowance for credit losses (194) — — Realized and unrealized losses in earnings, net — (92,701) (29,961) Deconsolidation of investment entities (Note 22 ) — (647,218) (27,402) Other — (7,088) — Other comprehensive loss (1) (331) (39,879) (4,001) Fair value at December 31, 2021 $ 36,531 $ 55,878 $ 79,309 Net unrealized gains (losses) on instruments held at December 31, 2021 In earnings $ — $ — $ (28,216) In other comprehensive loss $ (331) N/A N/A __________ (1) Amounts recorded in OCI for loans receivable and equity method investments represent foreign currency translation differences on the Company's foreign subsidiaries that hold the respective foreign currency denominated investments. Discontinued operations represent the following: • Wellness Infrastructure —operations of the Wellness Infrastructure business, along with other non-core assets held by NRF Holdco, primarily: (i) the Company's equity interest in and management of NorthStar Healthcare, debt securities collateralized largely by certain debt and preferred equity within the capital structure of the Wellness Infrastructure portfolio, limited partnership interests in private equity real estate funds; as well as (ii) the 5.375% exchangeable senior notes, trust preferred securities and corresponding junior subordinated debt, all of which were issued by NRF Holdco who acts as guarantor. • Other —operations of substantially all of the OED investments and Other IM business that were previously in the Other segment prior to sale of the Company's equity interests and subsequent deconsolidation of these subsidiaries in December 2021. This is composed of various non-digital real estate, real estate-related equity and debt investments, general partner interests and management rights with respect to these assets, and underlying compensation and administrative costs for managing these assets. Also included in discontinued operations are the economics related to the management of BRSP prior to termination of its management contract in April 2021. • Hotel —operations of the Company's Hospitality segment and the THL Hotel Portfolio that was previously in the Other segment. In March 2021, the Company sold 100% of the equity in its hotel subsidiaries holding five of the six portfolios in the Hospitality segment, and the Company's 55.6% interest in the THL Hotel Portfolio which was deconsolidated upon sale. The remaining hotel portfolio that was in receivership was sold by the lender in September 2021. • Industrial —operations of the bulk industrial portfolio prior to the sale of the Company's 50% interest and deconsolidation in December 2020. Income (loss) from discontinued operations is presented below. Year Ended December 31, (In thousands) 2021 2020 2019 Revenues Property operating income $ 737,282 $ 1,217,236 $ 2,196,799 Interest income 19,143 73,345 164,445 Fee income 58,197 94,399 202,038 Other income 29,037 29,450 65,276 Revenues from discontinued operations 843,659 1,414,430 2,628,558 Expenses Property operating expense 462,896 799,850 1,182,150 Interest expense 256,567 353,577 586,181 Transaction-related costs and investment expense 38,820 70,993 67,394 Depreciation and amortization 96,860 337,262 578,011 Provision for loan losses — — 35,880 Impairment loss 317,405 2,556,051 1,145,794 Compensation and administrative expense 109,620 100,011 243,970 Expenses from discontinued operations 1,282,168 4,217,744 3,839,380 Other income (loss) Gain on sale of real estate 49,429 41,922 1,520,808 Other gain (loss), net 72,617 (194,860) (16,054) Equity method earnings (losses) (233,725) (203,399) 129,709 Income (loss) from discontinued operations before income taxes (550,188) (3,159,651) 423,641 Income tax expense (49,900) (39,671) (23,068) Income (loss) from discontinued operations (600,088) (3,199,322) 400,573 Income (loss) from discontinued operations attributable to: Noncontrolling interests in investment entities (337,685) (712,771) 990,985 Noncontrolling interests in Operating Company (24,945) (246,540) (49,748) Loss from discontinued operations attributable to DigitalBridge Group, Inc. $ (237,458) $ (2,240,011) $ (540,664)

Discontinued Operations

Discontinued Operations	12 Months Ended
	Dec. 31, 2021
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Assets and Related Liabilities Held for Disposition Total assets and related liabilities held for disposition are summarized below, all of which relate to discontinued operations (Note 12). These assets and liabilities are composed of: (i) those held by NRF Holdco, predominantly related to Wellness Infrastructure assets and obligations, which were subsequently disposed in February 2022; (ii) prior to disposition in December 2021, OED investments and intangible assets of the Other IM business, both of which previously resided in the Other segment; and (iii) prior to disposition in March 2021, the Company's hotel business, with the remaining hotel portfolio that was in receivership sold by the lender in September 2021. (In thousands) December 31, 2021 December 31, 2020 Assets Restricted cash $ 65,022 $ 191,692 Real estate, net 3,079,416 8,179,025 Loans receivable 55,878 1,258,539 Equity and debt investments 250,246 944,483 Goodwill, deferred leasing costs and other intangible assets, net 118,300 275,954 Other assets 100,720 327,309 Due from affiliates 7,033 60,317 Total assets held for disposition $ 3,676,615 $ 11,237,319 Liabilities Debt, net (1) $ 2,869,360 $ 7,352,828 Lease intangibles and other liabilities 219,339 533,688 Total liabilities related to assets held for disposition $ 3,088,699 $ 7,886,516 __________ (1) Represents debt related to assets held for disposition if the debt is expected to be assumed by the acquirer upon sale or if the debt is expected to be extinguished through lender's assumption of underlying collateral, and includes debt that is in receivership, in payment default or not in compliance with certain debt covenants. Includes the 5.375% exchangeable senior notes and junior subordinated debt (as described in Note 14) which are obligations of NRF Holdco as the issuer. Nonrecurring Fair Value of Assets Classified as Held for Disposition and Discontinued Operations The Company measures fair value of certain assets on a nonrecurring basis when events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. The Company initially measures assets classified as held for disposition at the lower of their carrying amounts or fair value less disposal costs. For bulk sale transactions, the unit of account is the disposal group, with any excess of the aggregate carrying value over estimated fair value less costs to sell allocated to the individual assets within the group. The historical operating results of the Wellness Infrastructure, OED, Other IM and hotel businesses included in discontinued operations also include impairment charges recorded on individual assets prior to their classification as held for disposition, as determined when events or circumstances indicated that their carrying values may not be recoverable. Real Estate —Real estate classified as held for disposition and discontinued operations that have been written down and carried at fair value totaled $3.01 billion at December 31, 2021 and $4.71 billion at December 31, 2020, generally representing Level 3 fair value. Impairment of real estate and related intangibles held for disposition was $313.4 million, $1.96 billion and $347.8 million for the years ended December 31, 2021, 2020 and 2019, respectively, reflected in discontinued operations (Note 12). Properties written down to estimated fair value at the time they were classified as held for disposition were valued using either sales price, broker opinions of value, or third-party appraisals, and in certain cases, adjusted as deemed appropriate by management to account for inherent risk associated with specific properties, and also incorporating estimated closing adjustments. The impairment assessment in 2020 also factored in the economic effects of COVID-19 on real estate values. Fair value was generally reduced for estimated disposal costs, ranging from approximately 1% to 3% of the respective fair value. For properties that were impaired in 2020 and 2019 prior to being retrospectively classified as held for disposition and discontinued operations in 2021, impairment was attributed primarily to shortened hold period assumptions, particularly in the hotel and wellness infrastructure portfolios. This was driven by the Company's accelerated digital transformation in the second quarter of 2020, the risk that the Company was unable to obtain accommodation from lenders on non-recourse mortgage debt that was then in default or at risk of default, and/or to a lesser extent, decline in property operating results, in part from the economic effects of COVID-19. Fair value of these properties was estimated based upon: (i) third party appraisals, (ii) broker opinions of value with discounts applied based upon management judgment, (iii) income capitalization approach, using net operating income for each property and applying capitalization rates between 7.0% and 12.0%; or (iv) discounted cash flow analyses with terminal values determined using terminal capitalization rates between 5.75% and 11.25%, and discount rates between 6.5% and 9.5%. The Company considered the risk characteristics of the properties and adjusted the capitalization rates and/or discount rates as applicable. Goodwill —Upon termination of the BRSP management contract on April 30, 2021, the Other IM goodwill balance of $81.6 million was fully written off as the remaining value of the Other IM reporting unit represented principally the BRSP management contract. The receipt of a one-time termination payment of $102.3 million consequently resulted in a net gain of $20.7 million, recognized within other gain (loss) in discontinued operations (Note 12). The Company had previously recognized impairment loss on its Other IM goodwill in 2020 of $79.0 million and $515.0 million in the first and second quarters, respectively, and in 2019 of $387.0 million and $401.0 million in the third and fourth quarters, respectively. In 2020, in light of the economic effects of COVID-19 and the Company's acceleration of its digital transformation in the second quarter of 2020, both of which represented indicators of impairment, the Company's quantitative tests indicated that the carrying value of the Other IM reporting unit, including goodwill, was in excess of its estimated fair value at March 31, 2020 and at June 30, 2020. The remaining fair value of the Other IM reporting unit was determined to be principally in the BRSP management contract, as no value was ascribed to (a) the future capital raising potential of the non-digital credit and opportunity fund management business as it is no longer part of the Company's long-term strategy; and (b) the hypothetical contract of internally managing the Company's non-digital balance sheet assets following significant decreases in asset values in 2020. In 2019, impairment loss on the Other IM goodwill reflected: (a) loss of future fee income from sale of the Company's industrial business, and reduction in BRSP's fee base to reflect its reduced book value in the third quarter of 2019; and (b) beginning of the Company's transition to a digital focused investment management business in the fourth quarter of 2019. Investment Management Intangible Assets —In the first quarter of 2021, the remaining investor relationship intangible asset in Other IM was impaired by $4.0 million (Note 12) to a fair value of $5.5 million based upon estimated recoverable value in a monetization of the Other IM business. In 2020 and 2019, management contracts were impaired by $4.3 million and $8.6 million, respectively, to aggregate fair values of $8.4 million and $16.9 million, respectively, at the time of impairment. Fair value was based upon revised future net cash flows over the remaining life of the contracts, generally discounted at 10%. Additionally, in the fourth quarter of 2019, an investor relationship intangible asset of $1.3 million was deemed to have no future value and was written off as the Company began to transition to a digital investment management strategy. All fair values were classified as Level 3. Equity Method Investments —Impairment on equity method investments classified as held for disposition and discontinued operations was $224.5 million, $237.5 million and $30.0 million in the years ended December 31, 2021, 2020 and 2019, respectively, reflected within equity method losses in discontinued operations (Note 12). Equity method investments that were impaired and written down to fair value in 2021 and 2020 totaled $19.7 million and $701.8 million, respectively, at the time of impairment, representing Level 3 fair value. Impairment was recorded based upon recoverable values for investments resolved or sold in 2019 and in 2021, including ADC loans accounted for as equity method investments. Significant impairments were also recorded on these ADC loans in 2020, driven by then reduced cash flow streams expected from these investments, primarily taking into consideration a combination of lower land values, delayed leasing, and/or offer prices in the market, generally discounted at rates between 10% to 20%. Recurring Fair Value of Assets Classified as Held for Disposition and Discontinued Operations Equity Investments Carried at Net Asset Value —These are equity investments held for disposition that were valued based upon NAV, specifically interests in a Company-sponsored non-traded REIT and a private fund totaling $31.2 million at December 31, 2021, and additionally, including interest in a third party real estate private fund that has since been disposed, totaling $36.2 million at December 31, 2020. Equity Method Investments under Fair Value Option —Equity method investments under fair value option were classified as Level 3. Fair value totaling $79.3 million was measured based upon indicative sales price at December 31, 2021. At December 31, 2020, fair value totaling $153.3 million was determined using primarily appraised value of real estate assets of the investee, or the initial investment value was deemed to approximate fair value for an investee engaged in real estate development during the development stage. Loans Receivable under Fair Value Option —Fair value of all loans held for disposition were classified as Level 3. At December 31, 2021, the fair value of loans held for disposition of $55.9 million represent a component of the overall sales price for the pending disposition of NRF Holdco. At December 31, 2020, loans held for disposition totaling $1.26 billion were measured either at their selling price where applicable, by comparing the current yield to the estimated yield of newly originated loans with similar credit risk or the market yield at which a third party might expect to purchase such investment, or based upon discounted cash flow projections of principal and interest expected to be collected, which include, but are not limited to, consideration of the financial standing of the borrower or sponsor as well as operating results and/or value of the underlying collateral, applying discount rates between 6.9% and 25.7%. Loans that are 90 days or more past due as to principal or interest, or where reasonable doubt exists as to timely collection, are generally considered nonperforming and placed on nonaccrual status. Following the disposition of a majority of the OED investments in December 2021, there were no such loans at December 31, 2021. At December 31, 2020, these loans, which included distressed loan portfolios that were previously acquired by the Company at a discount, had a total fair value of $873.2 million and unpaid principal balance of $2.2 billion. Debt Securities —The Company's investment in debt securities is composed of AFS N-Star CDO bonds, which are subordinate bonds retained by NRF Holdco from its sponsored collateralized debt obligations ("CDOs"), and CDO bonds originally issued by NRF Holdco that it subsequently repurchased at a discount. These CDOs are collateralized primarily by commercial real estate debt and securities. The balance of N-Star CDO bonds, classified as Level 3 fair value, is summarized as follows. Amortized Cost without Allowance for Credit Loss Allowance for Credit Loss Gross Cumulative Unrealized (in thousands) Gains Losses Fair Value December 31, 2021 $ 55,041 $ (24,882) $ 6,372 $ — $ 36,531 December 31, 2020 46,561 (24,688) 6,703 — 28,576 At December 31, 2021, the fair value of N-Star CDO bonds represent a component of the overall sales price for the disposition of NRF Holdco. At December 31, 2020, the N-Star CDO bonds were valued based upon discounted cash flow projections of principal and interest expected to be collected, taking into consideration the Company's knowledge of the underlying collateral and recent trades, if any, within the securitizations, and applying discount rates between 18.3% and 57.8%. The Company recognized provision for credit loss of $0.2 million in 2021 and $24.7 million in 2020. Credit losses were determined based upon an analysis of the present value of contractual cash flows expected to be collected from the underlying collateral as compared to the amortized cost basis of the security. Level 3 Recurring Fair Values The following table presents changes in recurring Level 3 fair value assets held for disposition. Realized and unrealized gains (losses) are included in AOCI for AFS debt securities, other gain (loss) for loans receivable and equity method losses for equity method investments, all of which were presented in discontinued operations (Note 12). Fair Value Option (In thousands) AFS Debt Securities Held for Disposition Loans Held for Disposition Equity Method Investments Held for Disposition Fair value at December 31, 2019 $ 54,859 $ — $ 197,875 Election of fair value option on January 1, 2020 — 1,556,131 — Reclassification of accrued interest on January 1, 2020 — 13,504 — Purchases, drawdowns, contributions and accretion 4,043 159,019 6,539 Paydowns, distributions and sales (5,784) (274,100) (967) Change in accrued interest and capitalization of paid-in-kind interest — 32,630 — Allowance for credit losses (24,688) — — Realized and unrealized losses in earnings, net — (299,405) (62,413) Other comprehensive income (loss) (1) 146 70,760 12,225 Fair value at December 31, 2020 $ 28,576 $ 1,258,539 $ 153,259 Net unrealized gains (losses) on instruments held at December 31, 2020 In earnings $ — $ (282,801) $ (62,413) In other comprehensive loss $ 146 N/A N/A Fair value at December 31, 2020 $ 28,576 $ 1,258,539 $ 153,259 Purchases, drawdowns, contributions and accretion 10,049 19,070 8 Paydowns, distributions and sales (1,569) (440,646) (12,594) Change in accrued interest and capitalization of paid-in-kind interest — 5,801 — Allowance for credit losses (194) — — Realized and unrealized losses in earnings, net — (92,701) (29,961) Deconsolidation of investment entities (Note 22 ) — (647,218) (27,402) Other — (7,088) — Other comprehensive loss (1) (331) (39,879) (4,001) Fair value at December 31, 2021 $ 36,531 $ 55,878 $ 79,309 Net unrealized gains (losses) on instruments held at December 31, 2021 In earnings $ — $ — $ (28,216) In other comprehensive loss $ (331) N/A N/A __________ (1) Amounts recorded in OCI for loans receivable and equity method investments represent foreign currency translation differences on the Company's foreign subsidiaries that hold the respective foreign currency denominated investments. Discontinued operations represent the following: • Wellness Infrastructure —operations of the Wellness Infrastructure business, along with other non-core assets held by NRF Holdco, primarily: (i) the Company's equity interest in and management of NorthStar Healthcare, debt securities collateralized largely by certain debt and preferred equity within the capital structure of the Wellness Infrastructure portfolio, limited partnership interests in private equity real estate funds; as well as (ii) the 5.375% exchangeable senior notes, trust preferred securities and corresponding junior subordinated debt, all of which were issued by NRF Holdco who acts as guarantor. • Other —operations of substantially all of the OED investments and Other IM business that were previously in the Other segment prior to sale of the Company's equity interests and subsequent deconsolidation of these subsidiaries in December 2021. This is composed of various non-digital real estate, real estate-related equity and debt investments, general partner interests and management rights with respect to these assets, and underlying compensation and administrative costs for managing these assets. Also included in discontinued operations are the economics related to the management of BRSP prior to termination of its management contract in April 2021. • Hotel —operations of the Company's Hospitality segment and the THL Hotel Portfolio that was previously in the Other segment. In March 2021, the Company sold 100% of the equity in its hotel subsidiaries holding five of the six portfolios in the Hospitality segment, and the Company's 55.6% interest in the THL Hotel Portfolio which was deconsolidated upon sale. The remaining hotel portfolio that was in receivership was sold by the lender in September 2021. • Industrial —operations of the bulk industrial portfolio prior to the sale of the Company's 50% interest and deconsolidation in December 2020. Income (loss) from discontinued operations is presented below. Year Ended December 31, (In thousands) 2021 2020 2019 Revenues Property operating income $ 737,282 $ 1,217,236 $ 2,196,799 Interest income 19,143 73,345 164,445 Fee income 58,197 94,399 202,038 Other income 29,037 29,450 65,276 Revenues from discontinued operations 843,659 1,414,430 2,628,558 Expenses Property operating expense 462,896 799,850 1,182,150 Interest expense 256,567 353,577 586,181 Transaction-related costs and investment expense 38,820 70,993 67,394 Depreciation and amortization 96,860 337,262 578,011 Provision for loan losses — — 35,880 Impairment loss 317,405 2,556,051 1,145,794 Compensation and administrative expense 109,620 100,011 243,970 Expenses from discontinued operations 1,282,168 4,217,744 3,839,380 Other income (loss) Gain on sale of real estate 49,429 41,922 1,520,808 Other gain (loss), net 72,617 (194,860) (16,054) Equity method earnings (losses) (233,725) (203,399) 129,709 Income (loss) from discontinued operations before income taxes (550,188) (3,159,651) 423,641 Income tax expense (49,900) (39,671) (23,068) Income (loss) from discontinued operations (600,088) (3,199,322) 400,573 Income (loss) from discontinued operations attributable to: Noncontrolling interests in investment entities (337,685) (712,771) 990,985 Noncontrolling interests in Operating Company (24,945) (246,540) (49,748) Loss from discontinued operations attributable to DigitalBridge Group, Inc. $ (237,458) $ (2,240,011) $ (540,664)

Fair Value

Fair Value	12 Months Ended
	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Fair Value	Fair Value Recurring Fair Values Financial assets and financial liabilities carried at fair value on a recurring basis include financial instruments for which the fair value option was elected, but exclude financial assets under the NAV practical expedient. Fair value is categorized into a three tier hierarchy that is prioritized based upon the level of transparency in inputs used in the valuation techniques. Marketable Equity Securities Marketable equity securities of $201.9 million at December 31, 2021 and $218.5 million at December 31, 2020 (Note 5) consist of publicly traded equity securities held largely by private open-end funds sponsored and consolidated by the Company, and prior to January 2021, equity investment in a third party mutual fund. The equity securities of the consolidated funds comprise listed stocks primarily in the U.S. and to a lesser extent, in Europe, and predominantly in the technology, media and telecommunications sectors. These marketable equity securities are valued based upon listed prices in active markets and classified as Level 1 of the fair value hierarchy. Derivatives The Company's derivative instruments generally consist of: (i) foreign currency put options, forward contracts and costless collars to hedge the foreign currency exposure of certain foreign-denominated investments or investments in foreign subsidiaries (in GBP and EUR), with notional amounts and termination dates based upon the anticipated return of capital from these investments; and (ii) interest rate caps to limit the exposure to changes in interest rates on various floating rate debt obligations (indexed to LIBOR and GBP LIBOR and additionally, EURIBOR prior to December 31, 2021). These derivative contracts may be designated as qualifying hedge accounting relationships, specifically as net investment hedges and cash flow hedges, respectively. Fair values were $0.9 million at December 31, 2021 and $0.1 million at December 31, 2020 for derivative assets, included in other assets, and $103.8 million at December 31, 2020 for derivative liabilities, included in other liabilities. The Company did not have any derivatives in a liability position at December 31, 2021. All derivative positions were non-designated economic hedges except for an immaterial derivative asset at December 31, 2020. Derivative notional amounts at December 31, 2021 and 2020 aggregated to the equivalent of $182.3 million and $350.5 million, respectively, for foreign exchange contracts, and the equivalent of $2.0 billion and $4.6 billion, respectively, for interest rate contracts. The derivative instruments are subject to master netting arrangements with counterparties that allow the Company to offset the settlement of derivative assets and liabilities in the same currency by instrument type or, in the event of default by the counterparty, to offset all derivative assets and liabilities with the same counterparty. Notwithstanding the conditions for right of offset may have been met, the Company presents derivative assets and liabilities with the same counterparty on a gross basis on the consolidated balance sheets. Realized and unrealized gains and losses on derivative instruments are recorded in other gain (loss) on the consolidated statement of operations, other than interest expense, as follows: Year Ended December 31, (In thousands) 2021 2020 2019 Foreign currency contracts: Designated contracts Realized gain transferred from AOCI to earnings $ 58,727 $ 414 $ 1,790 Unrealized gain (loss) transferred from AOCI to earnings (1) — 1,485 (2,693) Non-designated contracts Unrealized gain (loss) in earnings 889 (2,727) — Interest rate contracts: Designated contracts Interest expense (2) 20 24 — Realized gain (loss) transferred from AOCI to earnings (1,328) — 8,019 Non-designated contracts Realized and unrealized loss in earnings (3) (213) (209) (242,898) __________ (1) The portion of derivative notional that is in excess of the beginning balance of the foreign denominated net investment is dedesignated upon a reassessment of the effectiveness of net investment hedges at period end. (2) Represents amortization of the cost of designated interest rate caps to interest expense based upon expected hedged interest payments on variable rate debt. (3) Includes unrealized loss of $239.3 million in 2019 on a $2.0 billion notional forward starting swap that was settled at the end of 2019. Additionally, prior to January 2021, the Company had entered into a series of forward contracts on its shares in a third party real estate mutual fund in an aggregate notional amount of $119.0 million and a series of swap contracts with the same counterparty to pay the return of the Dow Jones U.S. Select REIT Total Return Index. The forward and swap contracts were settled upon expiration in January 2021 through delivery of all of the Company's shares in the mutual fund, realizing an immaterial net loss upon settlement. The forwards and swaps were not designated accounting hedges. At December 31, 2020, the forwards and swaps were in a liability position of $102.7 million and $0.1 million, respectively. During the year ended December 31, 2020, the forwards and swaps had realized and unrealized fair value gains totaling $15.4 million which were partially offset by a decrease in NAV of $14.3 million in the Company's investment in the mutual fund, both of which were recorded in other income on the consolidated statement of operations. The Company's foreign currency and interest rate contracts are generally traded over-the-counter, and are valued using a third-party service provider. Quotations on over-the-counter derivatives are not adjusted and are generally valued using observable inputs such as contractual cash flows, yield curve, foreign currency rates and credit spreads, and are classified as Level 2 of the fair value hierarchy. Although credit valuation adjustments, such as the risk of default, rely on Level 3 inputs, these inputs are not significant to the overall valuation of the derivatives. As a result, derivative valuations in their entirety are classified as Level 2 of the fair value hierarchy. Settlement Liability In March 2020, the Company entered into a cooperation agreement with Blackwells Capital LLC ("Blackwells"), a stockholder of the Company. Pursuant to the cooperation agreement, Blackwells agreed to a standstill in its proxy contest with the Company, and to abide by certain voting commitments, including a standstill with respect to the Company until the expiration of the agreement in March 2030 and voting in favor of the Board of Directors' recommendations until the third anniversary of the agreement. Contemporaneously, the Company and Blackwells entered into a joint venture arrangement for the purpose of acquiring, holding and disposing of the Company's class A common stock. Pursuant to the arrangement, the Company contributed its class A common stock, valued at $14.7 million by the venture, and Blackwells contributed $1.47 million of cash that was then distributed to the Company, resulting in a net capital contribution of $13.23 million by the Company in the venture. All of the class A common stock held in the venture was repurchased by the Company in March 2020 (Note 9). Distributions from the joint venture arrangement upon dissolution effectively represent a settlement of the proxy contest with Blackwells. The initial fair value of the arrangement was recorded as a settlement loss on the statement of operations in March 2020, with a corresponding liability on the balance sheet, subject to remeasurement at each period end. The settlement liability represents the fair value of the disproportionate allocation of profits distribution to Blackwells pursuant to the joint venture arrangement. The profits are derived from dividend payments and appreciation in value of the Company's class A common stock, allocated between the Company and Blackwells based upon specified return hurdles. In June 2021, Blackwells terminated the arrangement and the joint venture was dissolved. The profits distribution allocated to Blackwells was valued at $47.0 million and paid in the form of 5.95 million shares of the Company's class A common stock, with $22.8 million recognized in 2021 through termination as other loss on the consolidated statement of operations. Prior to dissolution of the arrangement, the settlement liability, classified as a Level 3 fair value, was measured using a Monte Carlo simulation under a risk-neutral premise, assuming that the final distribution would occur at the end of the third year in March 2023. At December 31, 2020, the settlement liability was valued at $24.3 million, applying the following assumptions: (a) expected volatility of the Company's class A common stock of 67.2% based upon a combination of historical and implied volatility of the Company's class A common stock; (b) zero expected dividend yield given the Company's suspension of its common stock dividend beginning the second quarter of 2020; and (c) risk free rate of 0.14% per annum based upon a compounded zero-coupon U.S. Treasury yield. During 2020, the settlement liability increased approximately $20.4 million from inception in March 2020, recorded as other loss on the consolidated statement of operations. Fair Value Option The following discussion excludes loans receivable and equity method investments held for disposition which are addressed in Note 11. Loans Receivable Loans receivable held for investment are carried at fair value under the fair value option, consisting of corporate loans to borrowers in the digital infrastructure and telecommunications sector, and are predominantly warehoused for a future digital credit investment vehicle and a securitization vehicle. At December 31, 2021, fair value of loans held for investment totaled $173.9 million, with $91.0 million classified as Level 2 and $82.9 million classified as Level 3. At December 31, 2020, fair value of loans held for investment totaling $36.8 million were all classified as Level 3. Fair value of Level 2 loans held for investment were obtained from a reputable pricing service and were based upon quotations from dealers who act as market makers for these loans. Fair value of Level 3 loans held for investment were determined based upon discounted cash flow projections of principal and interest expected to be collected, which include, but are not limited to, consideration of the financial standing and operating results of the borrower, and applying discount rates ranging between 8.9% to 10.0% at December 31, 2021 and 7.2% to 8.9% at December 31, 2020. There were no loans that were 90 days or more past due as to principal or interest and/or placed on nonaccrual at December 31, 2021 and 2020. Equity Method Investments At December 31, 2021, there were no equity method investments under the fair value option other than investments held for disposition (Note 11). At December 31, 2020, the Company had one equity method investment of $28.5 million under the fair value option. Beginning May 2021, the Company's equity interest in the investee is accounted for as a marketable equity security following the merger of the investee into a special purpose acquisition company. The following table presents changes in recurring Level 3 fair value assets held for investment. Realized and unrealized gains (losses) are included in other gain (loss) for loans receivable and equity method earnings (losses) for equity method investments. Fair Value Option (In thousands) Loans Held for Investment Equity Method Investments Fair value at December 31, 2019 $ — $ 25,000 Purchases, originations, drawdowns and contributions 36,395 — Change in accrued interest and capitalization of paid-in-kind interest 403 — Realized and unrealized gain in earnings, net — 3,540 Fair value at December 31, 2020 $ 36,798 $ 28,540 Net unrealized losses in earnings on instruments held at December 31, 2020 $ — $ 3,540 Fair value at December 31, 2020 $ 36,798 $ 28,540 Purchases, originations, drawdowns and contributions 61,026 — Paydowns, distributions and sales (16,470) (9,174) Change in accrued interest and capitalization of paid-in-kind interest 1,761 — Change in accounting treatment for equity interest — (27,626) Realized and unrealized gain in earnings, net (185) 8,260 Fair value at December 31, 2021 $ 82,930 $ — Net unrealized losses in earnings on instruments held at December 31, 2021 $ (1,114) $ — Investment Carried at Fair Value Using Net Asset Value The Company has an investment in a non-traded healthcare REIT of $44.6 million at December 31, 2021. The investment is valued based upon NAV beginning October 2021 when the investee, a healthcare real estate investor/ manager, was acquired in conjunction with a merger of its co-sponsored non-traded REITs. The transaction diluted the Company's equity interest in the investee, which was previously accounted for as an equity method investment. Redemption of the Company's partnership interest in the non-traded healthcare REIT is restricted until the earliest of (1) the second anniversary of the issuance to the Company of such partnership units, (2) change in control of the general partner, and (3) initial public offering of the equity of the non-traded healthcare REIT, which may be subject to further restriction on redemption by the underwriters. At December 31, 2020, there were no equity investments valued using NAV, other than investments held for disposition (Note 11). Nonrecurring Fair Values The Company measures fair value of certain assets on a nonrecurring basis when events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. Adjustments to fair value generally result from the application of lower of amortized cost or fair value accounting for assets held for disposition or otherwise, write-down of asset values due to impairment. Impairment is discussed in Note 11 for real estate, Notes 5 and 11 for equity method investments, and Notes 6 and 11 for intangible assets, including goodwill. Fair Value of Financial Instruments Reported at Cost Fair value of financial instruments reported at amortized cost, excluding those held for disposition, are presented below. Fair Value Measurements Carrying Value (In thousands) Level 1 Level 2 Level 3 Total December 31, 2021 Liabilities Debt at amortized cost Secured fund fee revenue notes $ — $ — $ 291,394 $ 291,394 $ 291,394 Convertible and exchangeable senior notes 716,970 — — 716,970 334,264 Investment-level secured debt — 3,598,655 655,270 4,253,925 4,234,744 December 31, 2020 Liabilities Debt at amortized cost Convertible and exchangeable senior notes $ 898,231 $ — $ — $ 898,231 $ 520,522 Investment-level secured debt — — 3,407,175 3,407,175 3,410,467 Debt —Senior notes were valued using the last trade price in active markets. Fair value of investment-level debt were estimated by either discounting expected future cash outlays at interest rates available to the respective borrower subsidiaries for similar instruments or for securitized debt, based upon indicative bond prices quoted by brokers in the secondary market. Fair value of the secured fund fee revenue notes approximated its carrying value at December 31, 2021.

Variable Interest Entities

Variable Interest Entities	12 Months Ended
	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Variable Interest Entities	Variable Interest Entities A VIE is an entity that lacks sufficient equity to finance its activities without additional subordinated financial support from other parties, or whose equity holders lack the characteristics of a controlling financial interest. The following discusses the Company's involvement with VIEs where the Company is the primary beneficiary and consolidates the VIEs or where the Company is not the primary beneficiary and does not consolidate the VIEs. Operating Subsidiary The Company's operating subsidiary, OP, is a limited liability company that has governing provisions that are the functional equivalent of a limited partnership. The Company holds the majority of membership interest in OP, acts as the managing member of OP and exercises full responsibility, discretion and control over the day-to-day management of OP. The noncontrolling interests in OP do not have substantive liquidation rights, substantive kick-out rights without cause, or substantive participating rights that could be exercised by a simple majority of noncontrolling interest members (including by such a member unilaterally). The absence of such rights, which represent voting rights in a limited partnership equivalent structure, would render OP to be a VIE. The Company, as managing member, has the power to direct the core activities of OP that most significantly affect OP's performance, and through its majority interest in OP, has both the right to receive benefits from and the obligation to absorb losses of OP. Accordingly, the Company is the primary beneficiary of OP and consolidates OP. As the Company conducts its business and holds its assets and liabilities through OP, the total assets and liabilities of OP represent substantially all of the total consolidated assets and liabilities of the Company. Company-Sponsored Private Funds The Company sponsors private funds and other investment vehicles as general partner for the purpose of providing investment management services in exchange for management fees and carried interest. These private funds are established as limited partnerships or equivalent structures. Limited partners of the private funds do not have either substantive liquidation rights, or substantive kick-out rights without cause, or substantive participating rights that could be exercised by a simple majority of limited partners or by a single limited partner. Accordingly, the absence of such rights, which represent voting rights in a limited partnership, results in the private funds being considered VIEs. The nature of the Company's involvement with its sponsored funds comprise fee arrangements and general partner and limited partner equity interests. The fee arrangements are commensurate with the level of management services provided by the Company, and contain terms and conditions that are customary to similar at-market fee arrangements. Consolidated Company-Sponsored Private Funds —The Company currently consolidates sponsored private funds in which it has more than an insignificant equity interest in the fund as general partner. As a result, the Company is considered to be acting in the capacity of a principal of the sponsored private fund and is therefore the primary beneficiary of the fund. The Company’s exposure is limited to the value of its outstanding investment in the consolidated private funds of $53.1 million at December 31, 2021 and $46.5 million at December 31, 2020. The Company, as general partner, is not obligated to provide any financial support to the consolidated private funds. At December 31, 2021 and 2020, the consolidated private funds had total assets of $230.6 million and $172.2 million, respectively, and total liabilities of $63.0 million and $41.8 million, respectively, made up primarily of cash, marketable equity securities and unsettled trades. Unconsolidated Company-Sponsored Private Funds —The Company does not consolidate its sponsored private funds where it has insignificant direct equity interests or capital commitments to these funds as general partner. The Company may invest alongside certain of its sponsored private funds through joint ventures between the Company and these funds, or the Company may have capital commitments to its sponsored private funds that are satisfied directly through the co-investment joint ventures as an affiliate of the general partner. In these instances, the co-investment joint ventures are consolidated by the Company. As the Company's direct equity interests in its sponsored private funds as general partner absorb insignificant variability, the Company is considered to be acting in the capacity of an agent of these funds and is therefore not the primary beneficiary of these funds. The Company accounts for its equity interests in unconsolidated sponsored private funds under the equity method. The Company's maximum exposure to loss is limited to the carrying value of its investment in the unconsolidated sponsored private funds, totaling $382.7 million at December 31, 2021 and $173.0 million at December 31, 2020, included in equity investments, and $45.4 million at December 31, 2021 and $41.4 million at December 31, 2020, included within assets held for disposition. Securitizations The Company previously securitized loans receivable and CRE debt securities using VIEs. Upon securitization, the Company had retained beneficial interests in the securitization vehicles, usually in the form of equity tranches or subordinate securities. The Company also acquired securities issued by securitization trusts that are VIEs. The securitization vehicles were structured as pass-through entities that receive principal and interest on the underlying mortgage loans and debt securities and distribute those payments to the holders of the notes, certificates or bonds issued by the securitization vehicles. The loans and debt securities were transferred into securitization vehicles such that these assets are restricted and legally isolated from the creditors of the Company, and therefore are not available to satisfy the Company's obligations but only the obligations of the securitization vehicles. The obligations of the securitization vehicles did not have any recourse to the general credit of the Company and its other subsidiaries. Unconsolidated Securitizations —The Company does not consolidate the assets and liabilities of CDOs in which the Company has an interest but does not retain the collateral management function. NRF Holdco had previously delegated the collateral management rights for certain of its sponsored N-Star CDOs and third party-sponsored CDOs to a third party collateral manager or collateral manager delegate who is entitled to a percentage of the senior and subordinate collateral management fees. The Company continues to receive fees as named collateral manager or collateral manager delegate and retained administrative responsibilities. The Company determined that the fees paid to the third party collateral manager or collateral manager delegate represent a variable interest in the CDOs and that the third party is acting as a principal. The Company concluded that it does not have the power to direct the activities that most significantly impact the economic performance of these CDOs, which include but are not limited to, the ability to sell distressed collateral, and therefore the Company is not the primary beneficiary of such CDOs and does not consolidate these CDOs. The Company’s exposure to loss is limited to its investment in these unconsolidated CDOs, comprising CDO bonds, which aggregate to $30.2 million at December 31, 2021 and $21.9 million at December 31, 2020, presented as debt securities within assets held for disposition (Note 11). The Company's investment in the N-Star CDOs was subsequently disposed in February 2022. Trusts Wholly-owned subsidiaries of NRF Holdco that were formed as statutory trusts, NorthStar Realty Finance Trust I through VIII (the “Trusts”), previously issued trust preferred securities ("TruPS") in private placement offerings and used the proceeds to purchase junior subordinated notes to evidence loans made to NRF Holdco. The sole assets of the Trusts consist of a like amount of junior subordinated notes issued by the Issuer at the time of the offerings (the "Junior Notes"). Neither the Company nor the OP is an obligor or guarantor on the Junior Notes or the TruPS. NRF Holdco may redeem the Junior Notes at par, in whole or in part, for cash, after five years. To the extent NRF Holdco redeems the Junior Notes, the Trusts are required to redeem a corresponding amount of TruPS.

Earnings per Share

Earnings per Share	12 Months Ended
	Dec. 31, 2021
Earnings Per Share [Abstract]
Earnings per Share	Earnings per Share The following table provides the basic and diluted earnings per common share computations: Year Ended December 31, (In thousands, except per share data) 2021 2020 2019 Net loss allocated to common stockholders Loss from continuing operations $ (216,823) $ (591,088) $ (549,488) Loss from continuing operations attributable to noncontrolling interests 144,184 155,340 41,345 Loss from continuing operations attributable to DigitalBridge Group, Inc. (72,639) (435,748) (508,143) Loss from discontinued operations attributable to DigitalBridge Group, Inc. (237,458) (2,240,011) (540,664) Preferred stock redemption (4,992) — 5,150 Preferred dividends (70,627) (75,023) (108,550) Net loss attributable to common stockholders (385,716) (2,750,782) (1,152,207) Net income allocated to participating securities — (1,250) (3,491) Net loss allocated to common stockholders—basic (385,716) (2,752,032) (1,155,698) Interest expense attributable to convertible and exchangeable notes (1) — — — Net loss allocated to common stockholders—diluted $ (385,716) $ (2,752,032) $ (1,155,698) Weighted average common shares outstanding Weighted average number of common shares outstanding—basic 491,456 473,558 479,588 Weighted average effect of dilutive shares (1)(2)(3) — — — Weighted average number of common shares outstanding—diluted 491,456 473,558 479,588 Loss per share—basic Loss from continuing operations $ (0.30) $ (1.08) $ (1.28) Loss from discontinued operations (0.48) (4.73) (1.13) Net loss attributable to common stockholders per common share—basic $ (0.78) $ (5.81) $ (2.41) Loss per share—diluted Loss from continuing operations $ (0.30) $ (1.08) $ (1.28) Loss from discontinued operations (0.48) (4.73) (1.13) Net loss attributable to common stockholders per common share—diluted $ (0.78) $ (5.81) $ (2.41) __________ (1) With respect to the assumed conversion or exchange of the Company's outstanding senior notes, the following are excluded from the calculation of diluted earnings per share as their inclusion would be antidilutive: (a) for the years ended December 31, 2021, 2020 and 2019, the effect of adding back $54.7 million, $29.9 million and $28.2 million of interest expense, respectively, and 135,396,500, 87,478,400 and 38,112,100 of weighted average dilutive common share equivalents, respectively. (2) The calculation of diluted earnings per share excludes the effect of the following as their inclusion would be antidilutive: (a) class A common shares that are contingently issuable in relation to performance stock units (Note 17) with weighted average shares of 10,850,800, 5,776,800 and 990,700 for the years ended December 31, 2021, 2020 and 2019, respectively; and (b) class A common shares that are issuable to net settle the exercise of warrants (Note 10) with weighted average shares of 10,637,600 and 862,200 for the years ended December 31, 2021 and 2020, respectively. There were no warrants outstanding in 2019. (3) OP Units may be redeemed for registered or unregistered class A common stock on a one-for-one basis and are not dilutive. At December 31, 2021, 2020 and 2019, 50,455,100, 51,076,700 and 53,261,100 of OP Units, respectively, were not included in the computation of diluted earnings per share in the respective periods presented.

Fee Income

Fee Income	12 Months Ended
	Dec. 31, 2021
Other Income and Expenses [Abstract]
Fee Income	Fee Income The Company's digital investment management platform manages capital on behalf of a diverse, global investor base, including but not limited to, sovereign wealth funds, public and private pensions, asset managers, insurance companies, and endowments, for which the Company earns fee income. The following table presents the Company's fee income by type, excluding amounts classified as discontinued operations (Note 12): Year Ended December 31, (In thousands) 2021 2020 2019 Management fees $ 168,618 $ 78,421 $ 31,757 Incentive fees 7,174 35 — Other fees 5,034 4,899 1,766 Total fee income—affiliates $ 180,826 $ 83,355 $ 33,523 Management Fees — The Company earns management fees for providing investment management services to its sponsored private funds and other investment vehicles, portfolio companies and managed accounts. Management fees are calculated generally at annual rates ranging from 0.3% to 1.5% of investors' committed capital during the commitment period of the vehicle, and thereafter, contributed or invested capital; or net asset value for vehicles in the liquid securities strategy. Incentive Fees —The Company is entitled to incentive fees from funds and managed accounts in its liquid securities strategy. Incentive fees are determined based upon the performance of the respective funds or accounts, subject to the achievement of specified return thresholds in accordance with the terms set out in their respective governing agreements. A portion of the incentive fees earned by the Company is allocable to senior management, investment professionals, and certain other employees of the Company, included in carried interest and incentive fee compensation expense.

Equity-Based Compensation

Equity-Based Compensation	12 Months Ended
	Dec. 31, 2021
Share-based Payment Arrangement [Abstract]
Equity-Based Compensation	Equity-Based Compensation The DigitalBridge Group, Inc. 2014 Omnibus Stock Incentive Plan (the "Equity Incentive Plan") provides for the grant of restricted stock, performance stock units ("PSUs"), Long Term Incentive Plan ("LTIP") units, restricted stock units ("RSUs"), deferred stock units ("DSUs"), options, warrants or rights to purchase shares of the Company's common stock, cash incentives and other equity-based awards to the Company's officers, directors (including non-employee directors), employees, co-employees, consultants or advisors of the Company or of any parent or subsidiary who provides services to the Company. Shares reserved for the issuance of awards under the Equity Incentive Plan are subject to equitable adjustment upon the occurrence of certain corporate events, provided that this number automatically increases each January 1st by 2% of the outstanding number of shares of the Company’s class A common stock on the immediately preceding December 31st. At December 31, 2021, an aggregate 73.8 million shares of the Company's class A common stock were reserved for the issuance of awards under the Equity Incentive Plan. Restricted Stock — Restricted stock awards in the Company's class A common stock are granted to senior executives, directors and certain employees, generally subject to a service condition only, with annual time-based vesting in equal tranches over a three-year period. Restricted stock is entitled to dividends declared and paid on the Company's class A common stock and such dividends are not forfeitable prior to vesting of the award. Restricted stock awards are valued based on the Company's class A common stock price on grant date and equity-based compensation expense is recognized on a straight-line basis over the requisite service period. Restricted Stock Units — RSUs in the Company's class A common stock are subject to a performance condition. Vesting of performance-based RSUs occur upon achievement of certain Company-specific metrics over a performance measurement period. Only vested RSUs are entitled to accrued dividends declared and paid on the Company's class A common stock during the time period the RSUs are outstanding. Fair value of RSUs are based on the Company's class A common stock price on grant date. Equity-based compensation expense is recognized when it becomes probable that the performance condition will be met. Performance Stock Units — PSUs are granted to senior executives and certain employees, and are subject to both a service condition and a market condition. Following the end of the measurement period, the recipients of PSUs who remain employed will vest in, and be issued a number of shares of the Company's class A common stock, generally ranging from 0% to 200% of the number of PSUs granted and determined based upon the performance of the Company's class A common stock relative to that of a specified peer group over a three-year measurement period (such measurement metric the "total shareholder return"). In addition, recipients of PSUs whose employment is terminated after the first anniversary of their PSU grant are eligible to vest in a portion of the PSU award following the end of the measurement period based upon achievement of the total shareholder return metric applicable to the award. PSUs also contain dividend equivalent rights which entitle the recipients to a payment equal to the amount of dividends that would have been paid on the shares that are ultimately issued at the end of the measurement period. Fair value of PSUs, including dividend equivalent rights, was determined using a Monte Carlo simulation under a risk-neutral premise, with the following assumptions: 2021 PSU Grants 2020 PSU Grants 2019 PSU Grants Expected volatility of the Company's class A common stock (1) 35.4% 34.1% 26.2% Expected annual dividend yield (2) 0.0% 9.3% 8.5% - 8.7% Risk-free rate (per annum) (3) 0.3% 0.4% 2.2% - 2.4% __________ (1) Based upon the historical volatility of the Company's stock and those of a specified peer group. (2) Based upon the Company's expected annualized dividends. Expected dividend yield is zero for the 2021 PSU award as the Company suspended common dividends beginning with the second quarter of 2020. (3) Based upon the continuously compounded zero-coupon U.S. Treasury yield for the term coinciding with the remaining measurement period of the award as of valuation date. Fair value of PSU awards, excluding dividend equivalent rights, is recognized on a straight-line basis over their measurement period as compensation expense, and is not subject to reversal even if the market condition is not achieved. The dividend equivalent right is accounted for as a liability-classified award. The fair value of the dividend equivalent right is recognized as compensation expense on a straight-line basis over the measurement period, and is subject to adjustment to fair value at each reporting period. LTIP Units — LTIP units are units in the Operating Company that are designated as profits interests for federal income tax purposes. Unvested LTIP units that are subject to market conditions do not accrue distributions. Each vested LTIP unit is convertible, at the election of the holder (subject to capital account limitation), into one common OP Unit and upon conversion, subject to the redemption terms of OP Units (Note 9). LTIP units issued have either (1) a service condition only, valued based upon the Company's class A common stock price on grant date; or (2) both a service condition and a market condition based upon the Company's class A common stock achieving target prices over predetermined measurement periods, subject to continuous employment to the time of vesting, and valued using a Monte Carlo simulation. The following assumptions were applied in the Monte Carlo model under a risk-neutral premise: 2020 LTIP Grant 2019 LTIP Grant (1) Expected volatility of the Company's class A common stock (2) 43.1% 28.3% Expected dividend yield (3) 0.0% 8.1% Risk-free rate (per annum) (4) 0.2% 1.8% __________ (1) Represents 10 million LTIP units granted to Marc Ganzi in connection with the Company's acquisition of Digital Bridge Holdings, LLC in July 2019, with vesting based upon achievement of the Company's class A common stock price closing at or above $10 over any 90 consecutive trading days prior to the fifth anniversary of the grant date. (2) Based upon historical volatility of the Company's stock and those of a specified peer group. (3) Based upon the Company's most recently issued dividend prior to grant date and closing price of the Company's class A common stock on grant date. Expected dividend yield is zero for the 2020 LTIP award as the Company suspended common dividends beginning with the second quarter of 2020. (4) Based upon the continuously compounded zero-coupon US Treasury yield for the term coinciding with the measurement period of the award as of valuation date. Equity-based compensation cost on LTIP units is recognized on a straight-line basis either over (1) the service period for awards with a service condition only; or (2) the derived service period for awards with both a service condition and a market condition, irrespective of whether the market condition is satisfied. The derived service period is a service period that is inferred from the application of the simulation technique used in the valuation of the award, and represents the median of the terms in the simulation in which the market condition is satisfied. Deferred Stock Units — Certain non-employee directors may elect to defer the receipt of annual base fees and/or restricted stock awards, and in lieu, receive awards of DSUs. DSUs awarded in lieu of annual base fees are fully vested on their grant date, while DSUs awarded in lieu of restricted stock awards vest one year from their grant date. DSUs are entitled to a dividend equivalent, in the form of additional DSUs based on dividends declared and paid on the Company's class A common stock, subject to the same restrictions and vesting conditions, where applicable. Upon separation of service from the Company, vested DSUs will be settled in shares of the Company’s class A common stock. Fair value of DSUs are determined based on the price of the Company's class A common stock on grant date and recognized immediately if fully vested upon grant, or on a straight-line basis over the vesting period as equity based compensation expense and equity. Equity-based compensation expense, excluding amounts related to businesses presented as discontinued operations (Note 12), is as follows: Year Ended December 31, (In thousands) 2021 2020 2019 Compensation expense (including $1,194, $568 and $345 related to dividend equivalent rights) $ 38,268 $ 22,892 $ 16,456 Changes in the Company’s unvested equity awards are summarized below: Weighted Average Grant Date Fair Value Restricted Stock LTIP Units (1) DSUs RSUs (2) PSUs (3) Total PSUs All Other Awards Unvested shares and units at December 31, 2020 10,728,712 11,845,018 324,877 9,589,564 9,935,891 42,424,062 $ 2.78 $ 2.10 Granted 5,000,514 — 152,395 — 2,611,989 7,764,898 8.18 6.79 Vested (7,371,722) (1,383,762) (350,087) — (1,175,333) (10,280,904) 5.09 3.43 Forfeited (167,241) — (25,437) — (885,151) (1,077,829) 4.92 3.72 Unvested shares and units at December 31, 2021 8,190,263 10,461,256 101,748 9,589,564 10,487,396 38,830,227 3.69 2.51 __________ (1) Represents the number of LTIP units granted subject to vesting upon achievement of market condition. LTIP units that do not meet the market condition within the measurement period will be forfeited. (2) Represents the number of RSUs granted subject to vesting upon achievement of performance condition. RSUs that do not meet the performance condition at the end of the measurement period will be forfeited. (3) Number of PSUs granted does not reflect potential increases or decreases that could result from the final outcome of the total shareholder return measured at the end of the performance period. PSUs for which the total shareholder return was not met at the end of the performance period are forfeited. Fair value of equity awards that vested, determined based upon their respective fair values at vesting date, was $68.3 million, $17.9 million and $14.7 million for the years ended December 31, 2021, 2020 and 2019, respectively. At December 31, 2021, aggregate unrecognized compensation cost for all unvested equity awards was $60.9 million, which is expected to be recognized over a weighted average period of 2.1 years. Awards Granted by Managed Companies Prior to the termination of the Company’s management agreements with BRSP on April 30, 2021 and with the Company's sponsored non-traded REIT, NorthStar Realty Europe ("NRE"), concurrent with the sale of NRE in September 2019, BRSP and NRE granted equity awards to the Company and certain of the Company's employees ("managed company awards") that typically vest over a three-year period, subject to service and/or market conditions. Generally, the Company granted the managed company awards that it received in its capacity as manager to its employees with substantially the same terms and service requirements. Such grants were made at the discretion of the Company, and the Company may consult with the board of directors or compensation committee of BRSP or NRE as to final allocation of awards to its employees. Managed company awards granted to the Company, pending grant by the Company to its employees, are recognized based upon their fair value at grant date as other assets and other liabilities on the consolidated balance sheet. The deferred revenue liability is amortized into other income as the awards vest to the Company. Managed company awards granted to employees, either directly or through the Company, are recorded as other asset and other liability, and amortized on a straight-line basis as equity-based compensation expense and as other income, respectively, as the awards vest to the employees. The other asset and other liability associated with managed

Transactions with Affiliates

Transactions with Affiliates	12 Months Ended
	Dec. 31, 2021
Related Party Transactions [Abstract]
Transactions with Affiliates	Transactions with Affiliates Affiliates include (i) private funds and other investment vehicles that the Company manages or sponsors, and in which the Company may have an equity interest or co-invests with; (ii) the Company's investments in unconsolidated ventures; and (iii) directors, senior executives and employees of the Company (collectively, "employees"). Amounts due from and due to affiliates consist of the following, excluding amounts related to discontinued operations that are presented as assets held for disposition (Note 11): (In thousands) December 31, 2021 December 31, 2020 Due from Affiliates Investment vehicles, portfolio companies and unconsolidated ventures Fee income $ 41,859 $ 17,141 Cost reimbursements and recoverable expenses 7,317 5,545 Employees and other affiliates 54 541 $ 49,230 $ 23,227 Due to Affiliates (Note 7) Employees and other affiliates $ — $ 601 Significant transactions with affiliates include the following: Fee Income —Fee income earned from investment vehicles that the Company manages and/or sponsors, and may have an equity interest or co-investment, are presented in Note 16, except for amounts included within discontinued operations (Note 12) and assets held for disposition (Note 11). Cost Reimbursements— The Company receives reimbursements related largely to costs incurred in performing investment due diligence for funds and other investment vehicles managed by the Company. Such cost reimbursements, included in other income, totaled $10.2 million, $8.8 million and $13.2 million for the years ended December 31, 2021, 2020 and 2019, respectively. Separately, reimbursements of direct and indirect operating costs for managing the operations of NorthStar Healthcare, BRSP prior to April 30, 2021 and NRE prior to September 2019 are reflected in other income within discontinued operations (Note 12) and related receivables are reflected as amounts due from affiliates within assets held for disposition (Note 11). Recoverable Expenses— The Company pays organization and offering costs associated with the formation and capital raising of investment vehicles sponsored by the Company, for which the Company recovers from these investment vehicles up to specified thresholds, as applicable. NorthStar Healthcare Credit Facility— The Company provided NorthStar Healthcare with an unsecured revolving credit facility at market terms with a maximum principal amount of $35.0 million, maturing June 2023, with a six-month extension option. Advances under the credit facility accrue interest at LIBOR plus 3.5%, with no commitment fee for the unused portion. The credit facility was fully drawn in April 2020, reflected within amounts due from affiliates included in assets held for disposition at December 31, 2020 (Note 11), and was fully repaid in July 2021. Digital Real Estate Acquisitions— In connection with acquisition of Vantage SDC in July 2020 (Note 3), the Company entered into a series of agreements with Marc Ganzi and Ben Jenkins and their respective affiliates, pursuant to which Messrs. Ganzi and Jenkins invested $8.7 million and $2.1 million, respectively, in Vantage SDC alongside the Company and the co-investors on the same economic terms. Such amounts invested represented 40% of carried interest payments received by each of Messrs. Ganzi and Jenkins in connection with the Vantage SDC acquisition as a result of their respective personal investments in Vantage made prior to the Company’s acquisition of DBH. Payments to be made by the Company and its co-investors to the previous owners of Vantage SDC for future build-out of expansion capacity within the portfolio, including lease-up of the expanded capacity and existing inventory, will trigger additional carried interest payments to Messrs. Ganzi and Jenkins. In connection with the acquisition of third party interests in DataBank in December 2019 (Note 3), Messrs. Ganzi and Jenkins entered into voting agreements with the Company, which provided the Company with majority voting power over DataBank's board of directors. Additionally, in exchange for incentive units owned by Messrs. Ganzi and Jenkins allocable to the DataBank stake acquired by the Company, the Company issued OP Units with a value of $3 million, which are subject to a multi-year lockup. The value represents consideration paid to Messrs. Ganzi and Jenkins by the Company for such incentive units in connection with its investment in DataBank, which was in addition to the cash consideration paid to third parties by the Company for its acquired interests in DataBank. The net effect is that the Company will not be subject to future carried interest payments to Messrs. Ganzi and Jenkins with respect to the interests in DataBank acquired by the Company in December 2019. Separately, DataBank acquired all of zColo's colocation business in December 2020 and February 2021 from Zayo, which is a portfolio company of DBP I and other co-invest vehicles sponsored and managed by the Company. In the aforementioned transactions, t he Company took a series of steps to mitigate conflicts in the transactions, including receiving fairness opinions on the purchase price from a nationally recognized third party valuation firm. Additionally, the transactions, specifically the related party aspects of the transactions, were subject to the approval of either the Company's board of directors or the audit committee of the board of directors. Carried Interest Allocation from Sponsored Investment Vehicles —With respect to investment vehicles sponsored by the Company for which Messrs. Ganzi and Jenkins are invested in their capacity as former owners of DBH, and not in their capacity as employees of the Company, any carried interest allocation attributed to such investments by Messrs. Ganzi and Jenkins as general partner do not represent compensatory arrangements to the Company. Such carried interest allocation to Messrs. Ganzi and Jenkins that are unrealized or realized but unpaid are included in noncontrolling interests on the balance sheet of $20.8 million at December 31, 2021 and $3.2 million at December 31, 2020. Carried interest allocated during the period are recorded as net income attributable to noncontrolling interests in the income statement totaling $17.6 million and $3.2 million for the years ended December 31, 2021 and 2020, respectively. There was no carried interest that accrued on Company-sponsored digital investment vehicles in 2019. Investment in Managed Investment Vehicles —Subject to the Company's related party policies and procedures, senior management, investment professionals and certain other employees may invest on a discretionary basis in investment vehicles sponsored by the Company, either directly in the vehicle or indirectly through the general partner entity. These investments are generally not subject to management fees, but otherwise bear their proportionate share of other operating expenses of the investment vehicles. At December 31, 2021 and 2020, such investments in consolidated investment vehicles and general partner entities totaled $19.5 million and $10.2 million, respectively, reflected in redeemable noncontrolling interests and noncontrolling interests on the balance sheet. Their share of net income was $2.1 million, $0.8 million and $2.5 million for the years ended December 31, 2021, 2020 and 2019, respectively. Aircraft— P ursuant to Mr. Ganzi’s employment agreement, as amended, the Company has agreed to reimburse Mr. Ganzi for certain variable operational costs of business travel on a chartered or private jet (including any aircraft that Mr. Ganzi may partially or fully own), provided that the Company will not reimburse the allocable share (based on the number of passengers) of variable operational costs for any passenger on such flight who is not traveling on Company business. Additionally, the Company has also agreed to reimburse Mr. Ganzi for certain defined fixed costs of any aircraft owned by Mr. Ganzi. The fixed cost reimbursements will be made based on an allocable portion of an aircraft’s annual budgeted fixed cash operating costs, based on the number of hours the aircraft will be used for business purposes. At least once a year, the Company will reconcile the budgeted fixed operating costs with the actual fixed operating costs of the aircraft, and the Company or Mr. Ganzi, as applicable, will make a payment for any difference. The Company reimbursed Mr. Ganzi $3.0 million, $1.8 million and $0.3 million for the years ended December 31, 2021, 2020 and 2019, respectively. Separately, prior to the sale of the Company's aircraft in January 2021, Thomas J. Barrack, Jr., the Company's former Executive Chairman, was provided use of the Company’s aircraft for personal travel. Pursuant to an agreement with a subsidiary of the Company, Mr. Barrack paid the Company for personal usage based upon the incremental cost to the Company, including direct and indirect variable costs, but in no case more than the maximum reimbursement permitted by the Federal Aviation Regulations under the agreement. Mr. Barrack reimbursed the Company $0.7 million and $1.4 million for the years ended December 31, 2020 and 2019, respectively. Investment Venture— Pursuant to an investment agreement entered into between a subsidiary of the Company and Mr. Barrack effective April 1, 2021, the Company invested $26.0 million in Mr. Barrack's newly formed investment entity (the “Venture”), which entitles the Company to a portion of carried interest payable to Mr. Barrack from the Venture. Following subsequent events which significantly reduced the likelihood that fundraising by the Venture will sufficiently support its value, the Company determined that its investment would likely not be recoverable and wrote off its investment as of June 30, 2021. Advancement of Expenses— Effective April 1, 2021, Mr. Barrack stepped down as Executive Chairman of the Company and in July 2021, resigned as a member of the Company's Board of Directors. In October 2021, the Company entered into an Agreement Regarding Advancement of Certain Expenses ("Advancement Agreement") with Mr. Barrack, which is generally consistent with the Company’s obligations and Mr. Barrack’s rights regarding advancement of expenses under the terms of a January 2017 Indemnification Agreement between the Company and Mr. Barrack, and under the Company’s Bylaws. The Advancement Agreement (a) memorializes the parties’ disagreement as to the Company’s obligations and Mr. Barrack’s rights under the earlier Indemnification Agreement and the Bylaws, and (b) obligates Mr. Barrack to reimburse the Company for such advanced expenses under certain circumstances. Through December 31, 2021 , the Company has expensed $5.6 million of such advances pursuant to the Advancement Agreement.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company is subject to income tax laws of the various jurisdictions in which it operates, including U.S. federal, state and local and to a lesser extent, non-U.S. jurisdictions, primarily in Europe. The Company's current primary source of income subject to tax is its investment management business. Income Tax Benefit (Expense) The components of current and deferred tax benefit (expense), excluding amounts related to discontinued operations (Note 12), are as follows. Year Ended December 31, (In thousands) 2021 2020 2019 Current Federal $ 3,355 $ (3,019) $ (1,860) State and local (20) (104) (727) Foreign (347) (327) (14) Total current tax benefit (expense) 2,988 (3,450) (2,601) Deferred Federal 94,659 41,603 11,048 State and local 2,491 8,910 2,168 Foreign 400 — — Total deferred tax benefit 97,550 50,513 13,216 Income tax benefit on continuing operations $ 100,538 $ 47,063 $ 10,615 The Company has no income tax benefits recognized for uncertain tax positions. Deferred Income Tax Asset and Liability Deferred tax asset and deferred tax liability are presented within other assets, and accrued and other liabilities, respectively. The components of deferred tax asset and deferred tax liability arising from temporary differences are as follows, excluding amounts in connection with assets held for disposition. (In thousands) December 31, 2021 December 31, 2020 Deferred tax asset Net operating and capital loss carry forwards (1) $ 21,552 $ 36,325 Equity-based compensation 11,486 12,909 Real estate, leases and related intangible liabilities 14,853 — Deferred income 535 1,121 Deferred interest expense 1,799 11,503 Lease liability—corporate offices 19,295 25,069 Gross deferred tax asset 69,520 86,927 Valuation allowance (12,766) (1,852) Deferred tax asset, net of valuation allowance 56,754 85,075 Deferred tax liability Real estate, leases and related intangible assets — 105,997 Investment in partnerships 22,399 518 Other intangible assets 5,528 17,727 ROU lease asset—corporate offices 14,274 26,344 Other 7,857 33 Gross deferred tax liability 50,058 150,619 Net deferred tax liability $ 6,696 $ (65,544) __________ (1) At December 31, 2021 and 2020, deferred tax asset was recognized on NOL of $89.8 million and $153.0 million, respectively, prior to establishment of valuation allowance. NOL attributable to U.S. federal and state generally begin to expire in 2031, except for NOL attributable to U.S federal losses incurred after December 31, 2017 which can generally be carried forward indefinitely. In the second quarter of 2021, the Company's DataBank subsidiary completed a restructuring of its operations to qualify as a REIT and anticipates electing REIT status for U.S. federal income tax purposes for the 2021 taxable year. As a REIT, DataBank would generally not be subject to U.S. federal income taxes on its taxable income to the extent that it annually distributes such taxable income to its stockholders and maintains certain asset and income requirements. However, DataBank would continue to be subject to U.S. federal income taxes on income earned by any of its taxable subsidiaries. DataBank recorded a net deferred tax benefit of $66.8 million in the second quarter of 2021, reflecting principally the write-off of its deferred tax liabilities. Foreign Subsidiary Earnings —The Company has evaluated all unremitted earnings of its foreign subsidiaries, which may be repatriated at the Company’s election, and has not recorded any deferred tax liability as no taxes are expected to be due if and when these amounts are repatriated. Valuation Allowance —Valuation allowance of $12.8 million at December 31, 2021 and $1.9 million at December 31, 2020 were established during the respective fiscal years, driven by uncertainties in future realization of tax benefit on NOL, primarily in the digital operating business. Effective Income Tax The Company's income tax benefit attributable to continuing operations varied from the amount computed by applying the statutory income tax rate to loss from continuing operations before income taxes. A reconciliation of the statutory U.S. income tax to the Company's effective income tax attributable to continuing operations is presented as follows: Year Ended December 31, (Amounts in thousands) 2021 2020 2019 Loss from continuing operations before income taxes $ (317,361) $ (638,151) $ (560,103) (Income) loss from continuing operations before income taxes attributable to pass-through subsidiaries 198,180 386,352 513,903 Loss from continuing operations before income taxes attributable to taxable subsidiaries (119,181) (251,799) (46,200) Federal tax benefit at statutory tax rate (at 21%) 25,028 52,878 9,702 State and local income taxes, net of federal income tax benefit 3,721 3,008 620 Foreign income tax differential (86) — — Equity-based compensation 1,814 (4,121) — Not subject to tax under REIT election by DataBank 79,547 — — Valuation allowance, net (10,914) (1,852) — Other 1,428 (2,850) 293 Income tax benefit on continuing operations $ 100,538 $ 47,063 $ 10,615 Tax Examinations The Company is no longer subject to new income tax examinations by tax authorities for years prior to 2018 .

Segment Reporting

Segment Reporting	12 Months Ended
	Dec. 31, 2021
Segment Reporting [Abstract]
Segment Reporting	Segment Reporting The Company conducts its business through two reportable segments as follows: • Digital Investment Management ("Digital IM")— This business represents a leading global digital infrastructure investment platform, managing capital on behalf of a diverse base of global investors. The Company's flagship opportunistic strategy is conducted through its Digital Bridge Partners platform ("DBP," formerly Digital Colony Partners or DCP) and separately capitalized vehicles, while other strategies, including digital credit, ventures and public equities, are conducted through other investment vehicles. The Company earns management fees, generally based on the amount of assets or capital managed in investment vehicles, and has the potential to earn incentive fees and carried interest based upon the performance of such investment vehicles, subject to achievement of minimum return hurdles. Earnings from our Digital IM segment are generally attributed 31.5% to Wafra, a significant investor in our Digital IM business effective July 2020. • Digital Operating— This business is composed of balance sheet equity interests in digital infrastructure and real estate operating companies, which generally earn rental income from providing use of digital asset space and/or capacity through leases, services and other agreements. The Company currently owns interests in two companies: DataBank, including zColo, an edge colocation data center business (20% DBRG ownership during 2021); and Vantage SDC, a stabilized hyperscale data center business (13% DBRG ownership). Both DataBank and Vantage are also portfolio companies managed under Digital IM for the equity interests owned by third party capital. The Company's remaining investment activities and corporate level activities are presented as Corporate and Other. • Other investment activities are composed of the Company's equity interests in: (i) digital investment vehicles, the largest of which is in the DBP flagship funds, and seed investments in various strategies such as digital liquid and digital credit; and (ii) remaining non-digital investments, primarily in BRSP. Outside of its general partner interests, the Company's other equity interests in its sponsored and/or managed digital investment vehicles are considered to be incidental to its digital investment management business. The primary economics to the Company are represented by fee income and carried interest as general partner and/or manager, rather than economics from its equity interest in the investment vehicles as a limited partner or equivalent. With respect to seed investments, these are not intended to be a long-term deployment of capital by the Company and are expected to be warehoused temporarily on the Company's balance sheet until sufficient third party capital has been raised. At this time, the remaining non-digital investments are not substantially available for immediate sale and are expected to be monetized over an extended period beyond the near term. These other investment activities generate largely equity method earnings or losses and to a lesser extent, revenues in the form of interest income or dividend income from warehoused investments and consolidated investment vehicles. Effective the third quarter of 2021, these activities are no longer presented separately as the Digital Other and Other segments, which is consistent with and reflects management's focus on its core digital operations and overall simplification of the Company's business. • Corporate activities include corporate level cash and corresponding interest income, corporate level financing and related interest expense, corporate level transaction costs, costs in connection with unconsummated investments, income and expense related to cost reimbursement arrangements with affiliates, fixed assets for administrative use, compensation expense not directly attributable to reportable segments, corporate level administrative and overhead costs, and adjustments to eliminate intercompany fees. Costs which are directly attributable, or otherwise can be subjected to a reasonable and systematic allocation, have been allocated to each of the reportable segments. Elimination adjustment pertains to fee income earned by the Digital IM segment from third party capital in investment vehicles managed by the Company and consolidated within the Digital Operating segment and in Corporate and Other. Such adjustments amounted to $6.6 million in 2021, $1.5 million in 2020 and were immaterial in 2019. Effective the second quarter of 2021, segment results are presented before elimination of intercompany fees. Fee income in Digital IM and fee expense in Digital Operating and in Corporate and Other were previously eliminated within the respective segments. All changes in segment presentation are reflected for all prior periods presented. Segment Results of Operations The following table summarizes results of operations of the Company's reportable segments, including selected income and expense items, reconciled to the consolidated statement of operations. (In thousands) Digital Investment Management Digital Operating Corporate and Other Total Year Ended December 31, 2021 Total revenues $ 191,682 $ 763,199 $ 10,918 $ 965,799 Property operating expense — 316,178 — 316,178 Interest expense 4,766 125,387 56,796 186,949 Depreciation and amortization 26,736 495,342 17,617 539,695 Equity method earnings, including carried interest 101,811 — 124,666 226,477 Income tax benefit (expense) (9,822) 79,075 31,285 100,538 Income (loss) from continuing operations 90,915 (230,841) (76,897) (216,823) Net income (loss) from continuing operations attributable to DigitalBridge Group, Inc. 51,531 (36,664) (87,506) (72,639) Net loss from discontinued operations attributable to DigitalBridge Group, Inc. (237,458) Net loss attributable to DigitalBridge Group, Inc. $ (310,097) Year Ended December 31, 2020 Total revenues $ 85,782 $ 313,283 $ 17,365 $ 416,430 Property operating expense — 119,729 105 119,834 Interest expense — 77,976 42,853 120,829 Depreciation and amortization 26,056 210,188 4,776 241,020 Impairment loss 3,832 — 21,247 25,079 Equity method earnings (losses), including carried interest 13,039 — (273,618) (260,579) Income tax benefit (expense) (60) 21,461 25,662 47,063 Income (loss) from continuing operations 11,155 (132,063) (470,180) (591,088) Net income (loss) from continuing operations attributable to DigitalBridge Group, Inc. 10,423 (20,903) (425,268) (435,748) Net loss from discontinued operations attributable to DigitalBridge Group, Inc. (2,240,011) Net loss attributable to DigitalBridge Group, Inc. $ (2,675,759) (In thousands) Digital Investment Management Digital Operating Corporate and Other Total Year Ended December 31, 2019 Total revenues $ 34,368 $ 6,039 $ 20,626 $ 61,033 Property operating expense — 2,197 — 2,197 Interest expense 3,230 1,272 36,689 41,191 Depreciation and amortization 10,406 1,803 6,042 18,251 Impairment loss — — 649 649 Equity method earnings (losses), including carried interest 7,112 — (224,265) (217,153) Income tax benefit (expense) (15,094) (10) 25,719 10,615 Income (loss) from continuing operations 48,942 (691) (597,739) (549,488) Net income (loss) from continuing operations attributable to DigitalBridge Group, Inc. 44,808 (124) (552,827) (508,143) Net loss from discontinued operations attributable to DigitalBridge Group, Inc. (540,664) Net loss attributable to DigitalBridge Group, Inc. $ (1,048,807) Total assets and equity method investments of reportable segments are summarized as follows: December 31, 2021 December 31, 2020 (In thousands) Total Assets Equity Method Investments Total Assets Equity Method Investments Digital Investment Management $ 655,152 $ 140,027 $ 490,632 $ 19,167 Digital Operating 7,608,451 — 6,926,634 — Other 2,257,598 533,069 1,545,975 555,344 10,521,201 673,096 8,963,241 574,511 Assets held for disposition related to discontinued operations 3,676,615 182,552 11,237,319 879,729 $ 14,197,816 $ 855,648 $ 20,200,560 $ 1,454,240 Geography Geographic information about the Company's total income from continuing operations and long-lived assets excluding assets held for disposition are as follows. Geography is generally presented as the location in which the income producing assets reside or the location in which income generating services are performed. Year Ended December 31, (In thousands) 2021 2020 2019 Total income by geography: United States $ 1,112,265 $ 382,920 $ 41,723 Europe 18,147 1,442 — Other 51,679 17,126 — Total (1) $ 1,182,091 $ 401,488 $ 41,723 (In thousands) December 31, 2021 December 31, 2020 Long-lived assets by geography: United States $ 4,986,538 $ 5,480,889 Europe 915,728 75,503 Other 633,618 624,680 Total (2) $ 6,535,884 $ 6,181,072 __________ (1) Total income includes the Company's share of earnings (loss) from its equity method investments (but excludes the Company's impairment of its equity method investments of $254.5 million in 2020 and $211.1 million in 2019, with no impairment recorded in 2021); and excludes cost reimbursement income from affiliates (Note 18) and income from discontinued operations (Note 12). (2)

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Leases As lessee, the Company's leasing arrangements are composed of (i) leases on investment properties, consisting primarily of finance and operating leases on powered shell spaces for data centers, an air rights operating lease, lease on data center equipment, and operating ground leases; and (ii) operating leases for corporate offices. The weighted average remaining lease term based upon outstanding lease liability balances at December 31, 2021, excluding leases on investment properties held for disposition, was 11.4 years for finance leases on investment properties, 10.1 years for operating leases on investment properties and 5.7 years for operating leases on corporate offices. The following table summarizes total lease cost for operating leases and finance leases, excluding leases on investment properties classified as discontinued operations. In 2019, there were no finance leases and operating lease cost on investment properties in the digital segment was immaterial. Year Ended December 31, 2021 2020 2019 (In thousands) Investment Properties Corporate Offices Investment Properties Corporate Offices Corporate Offices Operating leases: (1) Fixed lease expense $ 63,356 $ 7,010 $ 18,456 $ 9,005 $ 7,948 Variable lease expense 14,897 1,829 5,612 1,986 1,314 Total operating lease cost $ 78,253 $ 8,839 $ 24,068 $ 10,991 $ 9,262 Finance leases: Interest expense $ 8,936 NA $ 414 NA NA Amortization of ROU lease asset 11,648 NA 475 NA NA Total finance lease cost $ 20,584 NA $ 889 NA NA __________ (1) Total lease cost for operating leases is included in property operating expense for investment properties and administrative expense for corporate offices. Lease Commitments Finance and operating lease liabilities take into consideration renewal or termination options when such options are deemed reasonably certain to be exercised by the Company and exclude variable lease payments which are expensed as incurred. The Company makes variable lease payments for: (i) leases with rental payments that are adjusted periodically for inflation, and/or (ii) nonlease services, such as common area maintenance and operating expenses, primarily for power, in data center leases. The table below presents the Company's future lease commitments at December 31, 2021 , determined using weighted average discount rates of 6.2% for finance leases on investment properties, 6.5% for operating leases on investment properties, excluding properties held for disposition, and 4.6% for operating leases on corporate offices: (In thousands) Finance Leases Operating Leases Year Ending December 31, Investment Properties Investment Properties Corporate Offices 2022 $ 15,673 $ 51,122 $ 9,855 2023 15,942 51,144 9,109 2024 16,332 47,988 9,564 2025 16,735 37,335 8,296 2026 17,312 33,629 6,325 2027 and thereafter 119,555 248,915 8,998 Total lease payments 201,549 470,133 52,147 Present value discount (58,772) (170,421) (9,349) Finance / Operating lease liability $ 142,777 $ 299,712 $ 42,798 Litigation The Company may be involved in litigation in the ordinary course of business. As of December 31, 2021, the Company was not involved in any legal proceedings that are expected to have a material adverse effect on the Company’s results of operations, financial position or liquidity.
Commitments and Contingencies	Commitments and Contingencies Leases As lessee, the Company's leasing arrangements are composed of (i) leases on investment properties, consisting primarily of finance and operating leases on powered shell spaces for data centers, an air rights operating lease, lease on data center equipment, and operating ground leases; and (ii) operating leases for corporate offices. The weighted average remaining lease term based upon outstanding lease liability balances at December 31, 2021, excluding leases on investment properties held for disposition, was 11.4 years for finance leases on investment properties, 10.1 years for operating leases on investment properties and 5.7 years for operating leases on corporate offices. The following table summarizes total lease cost for operating leases and finance leases, excluding leases on investment properties classified as discontinued operations. In 2019, there were no finance leases and operating lease cost on investment properties in the digital segment was immaterial. Year Ended December 31, 2021 2020 2019 (In thousands) Investment Properties Corporate Offices Investment Properties Corporate Offices Corporate Offices Operating leases: (1) Fixed lease expense $ 63,356 $ 7,010 $ 18,456 $ 9,005 $ 7,948 Variable lease expense 14,897 1,829 5,612 1,986 1,314 Total operating lease cost $ 78,253 $ 8,839 $ 24,068 $ 10,991 $ 9,262 Finance leases: Interest expense $ 8,936 NA $ 414 NA NA Amortization of ROU lease asset 11,648 NA 475 NA NA Total finance lease cost $ 20,584 NA $ 889 NA NA __________ (1) Total lease cost for operating leases is included in property operating expense for investment properties and administrative expense for corporate offices. Lease Commitments Finance and operating lease liabilities take into consideration renewal or termination options when such options are deemed reasonably certain to be exercised by the Company and exclude variable lease payments which are expensed as incurred. The Company makes variable lease payments for: (i) leases with rental payments that are adjusted periodically for inflation, and/or (ii) nonlease services, such as common area maintenance and operating expenses, primarily for power, in data center leases. The table below presents the Company's future lease commitments at December 31, 2021 , determined using weighted average discount rates of 6.2% for finance leases on investment properties, 6.5% for operating leases on investment properties, excluding properties held for disposition, and 4.6% for operating leases on corporate offices: (In thousands) Finance Leases Operating Leases Year Ending December 31, Investment Properties Investment Properties Corporate Offices 2022 $ 15,673 $ 51,122 $ 9,855 2023 15,942 51,144 9,109 2024 16,332 47,988 9,564 2025 16,735 37,335 8,296 2026 17,312 33,629 6,325 2027 and thereafter 119,555 248,915 8,998 Total lease payments 201,549 470,133 52,147 Present value discount (58,772) (170,421) (9,349) Finance / Operating lease liability $ 142,777 $ 299,712 $ 42,798 Litigation The Company may be involved in litigation in the ordinary course of business. As of December 31, 2021, the Company was not involved in any legal proceedings that are expected to have a material adverse effect on the Company’s results of operations, financial position or liquidity.
Commitments and Contingencies	Commitments and Contingencies Leases As lessee, the Company's leasing arrangements are composed of (i) leases on investment properties, consisting primarily of finance and operating leases on powered shell spaces for data centers, an air rights operating lease, lease on data center equipment, and operating ground leases; and (ii) operating leases for corporate offices. The weighted average remaining lease term based upon outstanding lease liability balances at December 31, 2021, excluding leases on investment properties held for disposition, was 11.4 years for finance leases on investment properties, 10.1 years for operating leases on investment properties and 5.7 years for operating leases on corporate offices. The following table summarizes total lease cost for operating leases and finance leases, excluding leases on investment properties classified as discontinued operations. In 2019, there were no finance leases and operating lease cost on investment properties in the digital segment was immaterial. Year Ended December 31, 2021 2020 2019 (In thousands) Investment Properties Corporate Offices Investment Properties Corporate Offices Corporate Offices Operating leases: (1) Fixed lease expense $ 63,356 $ 7,010 $ 18,456 $ 9,005 $ 7,948 Variable lease expense 14,897 1,829 5,612 1,986 1,314 Total operating lease cost $ 78,253 $ 8,839 $ 24,068 $ 10,991 $ 9,262 Finance leases: Interest expense $ 8,936 NA $ 414 NA NA Amortization of ROU lease asset 11,648 NA 475 NA NA Total finance lease cost $ 20,584 NA $ 889 NA NA __________ (1) Total lease cost for operating leases is included in property operating expense for investment properties and administrative expense for corporate offices. Lease Commitments Finance and operating lease liabilities take into consideration renewal or termination options when such options are deemed reasonably certain to be exercised by the Company and exclude variable lease payments which are expensed as incurred. The Company makes variable lease payments for: (i) leases with rental payments that are adjusted periodically for inflation, and/or (ii) nonlease services, such as common area maintenance and operating expenses, primarily for power, in data center leases. The table below presents the Company's future lease commitments at December 31, 2021 , determined using weighted average discount rates of 6.2% for finance leases on investment properties, 6.5% for operating leases on investment properties, excluding properties held for disposition, and 4.6% for operating leases on corporate offices: (In thousands) Finance Leases Operating Leases Year Ending December 31, Investment Properties Investment Properties Corporate Offices 2022 $ 15,673 $ 51,122 $ 9,855 2023 15,942 51,144 9,109 2024 16,332 47,988 9,564 2025 16,735 37,335 8,296 2026 17,312 33,629 6,325 2027 and thereafter 119,555 248,915 8,998 Total lease payments 201,549 470,133 52,147 Present value discount (58,772) (170,421) (9,349) Finance / Operating lease liability $ 142,777 $ 299,712 $ 42,798 Litigation The Company may be involved in litigation in the ordinary course of business. As of December 31, 2021, the Company was not involved in any legal proceedings that are expected to have a material adverse effect on the Company’s results of operations, financial position or liquidity.

Supplemental Disclosure of Cash

Supplemental Disclosure of Cash Flow Information	12 Months Ended
	Dec. 31, 2021
Supplemental Cash Flow Elements [Abstract]
Supplemental Disclosure of Cash Flow Information	Supplemental Disclosure of Cash Flow Information Year Ended December 31, (In thousands) 2021 2020 2019 Supplemental Disclosure of Cash Flow Information Cash paid for interest, net of amounts capitalized of $1,567, $852 and $3,192 $ 444,365 $ 392,004 $ 523,533 Cash received (paid) for income tax, net 5,927 39,151 (12,595) Operating lease payments 66,858 31,138 16,234 Finance lease payments 15,346 889 — Supplemental Disclosure of Cash Flows from Discontinued Operations Net cash provided by operating activities of discontinued operations $ 175,782 $ 106,696 $ 628,583 Net cash provided by investing activities of discontinued operations 1,021,239 1,029,647 4,493,362 Net cash used in financing activities of discontinued operations (658,831) (940,441) (3,406,575) Supplemental Disclosure of Noncash Investing and Financing Activities Dividends and distributions payable $ 15,759 $ 18,516 $ 83,301 Improvements in operating real estate in accrued and other liabilities 17,926 27,096 20,230 Receivable from loan repayments and asset sales 14,045 1,858 63,984 Operating lease right-of-use assets and lease liabilities established 31,032 262,169 139,157 Finance lease right-of-use assets and lease liabilities established — 148,974 — Redemption of OP Units for common stock 4,647 7,757 2,104 Preferred stock redemptions payable — — 402,855 Exchange of notes into shares of Class A common stock 161,261 — — Assets and liabilities of investment entities liquidated or conveyed to lender (1) — 172,927 — Assets consolidated from real estate acquisitions, net of cash and restricted cash — 5,399,611 — Liabilities assumed in real estate acquisitions — 1,854,760 — Noncontrolling interests assumed in real estate acquisitions — 366,136 — Deferred cash consideration for acquisition of DBH (Note 3) — — 32,500 Issuance of OP Units for business combinations (Note 3) — — 114,865 Distributions payable to noncontrolling interests included in other liabilities — — 3,986 Foreclosures and exchanges of loans receivable for real estate — — 28,562 Debt assumed by buyer in sale of real estate 44,148 — 295,562 Financing provided to buyer in sale of real estate — — 4,000 Fair value of Digital Colony Manager contract intangible consolidated (Note 3) — — 51,400 Assets acquired in business combinations, net of cash and restricted cash acquired (Note 3) — — 2,098,313 Liabilities assumed in business combinations (Note 3) — — 818,449 Noncontrolling interests assumed in business combinations (Note 3) — — 724,567 Assets disposed in sale of equity of investment entities or sale by receiver (Note 12) 5,263,443 395,351 — Liabilities disposed in sale of equity of investment entities or sale by receiver (Note 12) 4,291,557 235,425 — Assets of investment entities deconsolidated (2) 351,022 80,921 — Noncontrolling interests of investment entities deconsolidated (2) 1,080,134 — — __________ (1) The Company indirectly conveyed the equity of certain of its wellness infrastructure borrower subsidiaries to an affiliate of the lender, which released the Company from all rights and obligations with respect to the assets and previously defaulted debt of these subsidiaries. (2) Represents (a) deconsolidation of noncontrolling interests upon sale of the Company's equity interests in investment entities (Note 12); and (b) deconsolidation of investment holding entities for which the Company is no longer the primary beneficiary as a result of reconsideration events in 2021, following which the Company accounts for its interests in these entities under the equity method (presented as held for disposition in Note 11).

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2021
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events Other than as disclosed elsewhere, no subsequent events have occurred that would require recognition in the consolidated financial statements or disclosure in the accompanying notes.

Schedule III - Real Estate and

Schedule III - Real Estate and Accumulative Depreciation	12 Months Ended
	Dec. 31, 2021
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]
Schedule III - Real Estate and Accumulated Depreciation	Schedule III—Real Estate and Accumulated Depreciation December 31, 2021 (Amounts in thousands) Initial Cost Costs Capitalized Gross Cost Basis (2) Accumulated Depreciation (3) Net Carrying Amount Date of Acquisition or Construction Encumbrances Land Buildings and Improvements (1) Land Buildings and Improvements (1) Total Digital Operating Data Centers—Colocation Owned Irvine, CA SNA 1 $ 31,466 $ 10,574 $ 40,300 $ 2,592 $ 10,574 $ 42,892 $ 53,466 $ (2,933) $ 50,533 2020 Denver, CO DEN 1 27,276 2,405 41,695 5,304 2,405 46,999 49,404 (2,654) 46,750 2020 Denver, CO DEN 5 (5) 9,152 1,690 13,106 12,360 1,690 25,466 27,156 — 27,156 2021 Westminster, CO DEN 4 8,831 992 13,286 82 992 13,368 14,360 (722) 13,638 2020 Atlanta, GA ATL 1 75,254 — 75,594 16,372 — 91,966 91,966 (10,832) 81,134 2019 Atlanta, GA ATL 2 & 3 46,457 1,467 73,642 10,428 1,467 84,070 85,537 (5,937) 79,600 2020 Lenexa, KS KC 3 43,242 884 15,089 404 884 15,493 16,377 (601) 15,776 2019 Overland Park, KS KC 2 48,050 453 58,394 1,332 453 59,726 60,179 (8,374) 51,805 2019 Minneapolis, MN MSP 3 (6) — 5,116 — 47,980 5,116 47,980 53,096 — 53,096 2020 New York, NY LGA 3 (5) — 23,704 — 24 23,704 24 23,728 — 23,728 2021 North Fayette, PA PIT 2 41,957 1,555 36,682 14,044 1,555 50,726 52,281 (7,046) 45,235 2019 Dallas, TX DFW 4 29,645 1,896 46,034 1,006 1,896 47,040 48,936 (3,515) 45,421 2020 Plano, TX DFW 3 216,467 12,039 58,097 16,644 12,039 74,741 86,780 (7,806) 78,974 2019 Bluffdale, UT SLC 2 84,652 3,729 95,689 5,322 3,729 101,011 104,740 (13,473) 91,267 2019 Bluffdale, UT SLC 3 92,596 2,699 106,464 5,843 2,699 112,307 115,006 (15,175) 99,831 2019 Bluffdale, UT SLC 4 45,747 1,491 52,862 2,071 1,491 54,933 56,424 (7,102) 49,322 2019 Bluffdale, UT SLC 5 71,322 3,104 32,485 47,809 3,104 80,294 83,398 (6,503) 76,895 2019 Bluffdale, UT SLC 6 (6) — 4,064 — 36,820 4,064 36,820 40,884 — 40,884 2019 Ashburn, VA IAD 3 (5) 7,804 12,618 — 5,319 12,618 5,319 17,937 — 17,937 2021 Leased Phoenix, AZ PHX 1, 2 & 3 5,962 — 9,640 64 — 9,704 9,704 (846) 8,858 2020 Irvine, CA SNA 2 21,206 — 34,286 1,108 — 35,394 35,394 (3,053) 32,341 2020 Las Angeles, CA LAX 1 12,294 — 19,876 41 — 19,917 19,917 (1,739) 18,178 2020 San Diego, CA SAN 1 9,282 — 15,007 1,553 — 16,560 16,560 (1,392) 15,168 2020 San Diego, CA SAN 2 338 — 547 84 — 631 631 (52) 579 2020 Santa Clara, CA SFO 1 19,116 — 30,907 418 — 31,325 31,325 (2,722) 28,603 2020 Denver, CO DEN 2 23,973 — 38,759 541 — 39,300 39,300 (3,414) 35,886 2020 Denver, CO DEN 3 11,310 — 18,286 157 — 18,443 18,443 (1,606) 16,837 2020 Miami, FL MIA 1 9,036 — 14,609 1,405 — 16,014 16,014 (1,349) 14,665 2020 Atlanta, GA ATL 4 (5) — — — 21 — 21 21 — 21 2021 Chicago, IL ORD 1 7,376 — 11,926 324 — 12,250 12,250 (1,059) 11,191 2020 Chicago, IL ORD 2 11,310 — 18,286 417 — 18,703 18,703 (1,619) 17,084 2020 Chicago, IL ORD 4 55,937 — 90,437 2,212 — 92,649 92,649 (8,016) 84,633 2020 (Amounts in thousands) Initial Cost Costs Capitalized Gross Cost Basis (2) Accumulated Depreciation (3) Net Carrying Amount Date of Acquisition or Construction Encumbrances Land Buildings and Improvements (1) Land Buildings and Improvements (1) Total Mount Prospect, IL ORD 3 11,618 — 18,783 833 — 19,616 19,616 (1,684) 17,932 2020 Indianapolis, IN IND 1 & 2 72,091 — 19,747 11,238 — 30,985 30,985 (4,684) 26,301 2019 Lenexa, KS KC 1 6,490 — 5,286 2,942 — 8,228 8,228 (1,231) 6,997 2019 Boston, MA BOS 1 3,749 — 6,062 66 — 6,128 6,128 (533) 5,595 2020 Baltimore , MD BWI 1 — — 16,002 737 — 16,739 16,739 (2,877) 13,862 2019 Eagan, MN MSP 2 39,720 — 48,762 1,504 — 50,266 50,266 (7,442) 42,824 2019 Edina, MN MSP 1 7,219 — 9,113 247 — 9,360 9,360 (1,577) 7,783 2019 Minneapolis, MN MSP 4 4,241 — 6,857 32 — 6,889 6,889 (601) 6,288 2020 Newark, NJ EWR 1 13,400 — 21,665 580 — 22,245 22,245 (1,923) 20,322 2020 Piscataway, NJ EWR 2 14,568 — 23,553 266 — 23,819 23,819 (2,072) 21,747 2020 Las Vegas, NV LAS 1 15,306 — 24,746 10,182 — 34,928 34,928 (2,690) 32,238 2020 New York, NY LGA 1 8,913 — 14,410 1,088 — 15,498 15,498 (1,315) 14,183 2020 New York, NY LGA 2 9,896 — 16,000 199 — 16,199 16,199 (1,408) 14,791 2020 Cleveland, OH CLE 1 8,073 — 10,348 122 — 10,470 10,470 (1,766) 8,704 2019 Philadelphia, PA PHL 1 3,565 — 5,764 109 — 5,873 5,873 (509) 5,364 2020 Pittsburgh, PA PIT 1 28,788 — 37,128 225 — 37,353 37,353 (6,316) 31,037 2019 Memphis, TN MEM 1 2,705 — 4,373 611 — 4,984 4,984 (414) 4,570 2020 Austin, TX AUS 1 2,151 — 3,478 214 — 3,692 3,692 (315) 3,377 2020 Dallas, TX DFW 1 76,678 — 93,451 5,858 — 99,309 99,309 (16,639) 82,670 2019 Dallas, TX DFW 5 6,639 — 10,733 381 — 11,114 11,114 (957) 10,157 2020 Dallas, TX DFW 6 4,057 — 6,559 43 — 6,602 6,602 (575) 6,027 2020 Dallas, TX DFW 7 6,270 — 10,137 354 — 10,491 10,491 (904) 9,587 2020 Richardson, TX DFW 2 24,103 — 28,756 2,384 — 31,140 31,140 (5,154) 25,986 2019 Waco, TX ACT 1 6,270 — 10,137 166 — 10,303 10,303 (894) 9,409 2020 Salt Lake City, UT SLC 1 7,241 — 9,144 489 — 9,633 9,633 (1,826) 7,807 2019 Ashburn, VA IAD 1 58,395 — 94,412 3,993 — 98,405 98,405 (8,455) 89,950 2020 McLean, VA IAD 2 6,786 — 10,972 347 — 11,319 11,319 (977) 10,342 2020 Seattle, WA SEA 1 3,688 — 5,963 100 — 6,063 6,063 (526) 5,537 2020 Tukwila, WA SEA 2 5,655 — 9,143 472 — 9,615 9,615 (823) 8,792 2020 Balma, France TLS 1 1,542 — 2,493 92 — 2,585 2,585 (161) 2,424 2021 Montpellier, France MPL 1 1,483 — 2,397 150 — 2,547 2,547 (158) 2,389 2021 Paris, France PAR 1 6,525 — 10,549 1,069 — 11,618 11,618 (715) 10,903 2021 Saint-Denis, France PAR 2 2,076 — 3,356 — — 3,356 3,356 (210) 3,146 2021 Vélizy-Villacoublay, France PAR 3 4,508 — 7,288 1,551 — 8,839 8,839 (536) 8,303 2021 Feltham, UK LHR 1 19,240 — 31,106 198 — 31,304 31,304 (2,728) 28,576 2020 (Amounts in thousands) Initial Cost Costs Capitalized Gross Cost Basis (2) Accumulated Depreciation (3) Net Carrying Amount Date of Acquisition or Construction Encumbrances Land Buildings and Improvements (1) Land Buildings and Improvements (1) Total Data Centers—Hyperscale Owned Santa Clara, CA 11 350,369 29,659 410,347 2,157 29,659 412,504 442,163 (26,641) 415,522 2020 Santa Clara, CA 12 298,186 12,026 298,042 204 12,026 298,246 310,272 (22,216) 288,056 2020 Santa Clara, CA 13 99,395 10,276 115,031 703 10,276 115,734 126,010 (8,064) 117,946 2020 Santa Clara, CA 14 99,395 8,813 122,892 274 8,813 123,166 131,979 (8,676) 123,303 2020 Santa Clara, CA 15 273,337 15,123 383,146 15,325 15,123 398,471 413,594 (25,168) 388,426 2020 Santa Clara, CA 16 149,093 8,148 171,634 183 8,148 171,817 179,965 (12,499) 167,466 2020 Santa Clara, CA 21 295,940 11,394 326,807 3,219 11,394 330,026 341,420 (21,012) 320,408 2020 Santa Clara, CA 22 338,217 12,258 379,417 35 12,258 379,452 391,710 (4,045) 387,665 2021 Quincy, WA 11 99,361 1,742 151,754 1,744 1,742 153,498 155,240 (13,976) 141,264 2020 Quincy, WA 12 208,220 1,967 179,865 26,742 1,967 206,607 208,574 (11,993) 196,581 2020 Montreal, Canada 11 79,964 2,236 157,182 18,004 2,236 175,186 177,422 (9,347) 168,075 2020 Quebec City, Canada 21 133,226 900 133,256 3,266 900 136,522 137,422 (9,346) 128,076 2020 Quebec City, Canada 22 232,072 1,566 254,954 11,995 1,566 266,949 268,515 (17,965) 250,550 2020 Real estate held for investment $ 4,217,482 $ 206,588 $ 4,784,985 $ 372,794 $ 206,588 $ 5,157,779 $ 5,364,367 $ (392,083) $ 4,972,284 Real estate held for disposition Wellness Infrastructure 3,006,629 2017 Other 72,787 Various Total real estate $ 8,051,700 __________ (1) Includes construction in progress and data center infrastructure. (2) Presented net of impairment of real estate, as described in Note 4 to the consolidated financial statements. (3) Depreciation is calculated using useful life ranging from 5 to 40 years for site improvements, 5 to 50 years for buildings, 5 to 40 years for building improvements, and 10 to 20 years for data center infrastructure. (4) The aggregate gross cost of real estate for federal income tax purposes was approximately $3.0 billion for real estate held for investment and $8.1 billion for real estate held for disposition at December 31, 2021. (5) Represents construction or data center build-out that are in progress. (6) Construction of property was completed in the fourth quarter of 2021. The following tables summarize the activity in real estate and accumulated depreciation: Year Ended December 31, (In thousands) 2021 2020 2019 Real Estate, at Gross Cost Basis Balance at January 1 $ 14,028,516 $ 12,702,355 $ 15,500,802 Asset acquisitions and business combinations 572,738 3,650,180 2,351,196 Measurement period adjustments for real estate acquired in business combinations — (8,405) — Foreclosures and exchanges of loans receivable for real estate — 124,335 14,866 Improvements and capitalized costs (1) 325,281 180,787 366,817 Dispositions (2) (5,744,919) (869,776) (5,197,705) Impairment (Note 4 ) (316,135) (1,878,012) (348,710) Effect of changes in foreign exchange rates (88,096) 127,052 15,089 Balance at December 31 8,777,385 14,028,516 12,702,355 Classified as held for disposition, net (3) (3,413,018) (9,458,467) (11,854,897) Balance at December 31, held for investment $ 5,364,367 $ 4,570,049 $ 847,458 Year Ended December 31, (In thousands) 2021 2020 2019 Accumulated Depreciation Balance at January 1 $ 1,397,627 $ 1,042,422 $ 1,029,386 Depreciation 345,769 420,209 500,240 Dispositions (2) (1,010,599) (74,692) (489,276) Effect of changes in foreign exchange rates (7,112) 9,688 2,072 Balance at December 31 725,685 1,397,627 1,042,422 Classified as held for disposition, net (3) (333,602) (1,279,443) (1,041,357) Balance at December 31, held for investment $ 392,083 $ 118,184 $ 1,065 __________ (1) Includes transaction costs capitalized for asset acquisitions. (2) Includes amounts classified as held for disposition during the year and disposed before the end of the year. (3) Amounts classified as held for disposition during the year and remain as held for disposition at the end of the year. Includes amounts retrospectively classified as held for disposition in connection with discontinued operations.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying consolidated financial statements include the accounts of the Company and its controlled subsidiaries. All significant intercompany accounts and transactions have been eliminated. The portions of equity, net income and other comprehensive income of consolidated subsidiaries that are not attributable to the parent are presented separately as amounts attributable to noncontrolling interests in the consolidated financial statements. A substantial portion of noncontrolling interests represents interests held by private investment funds or other investment vehicles managed by the Company and which invest alongside the Company and membership interests in OP primarily held by certain employees of the Company.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States ("GAAP") requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates and assumptions.
Principles of Consolidation	Principles of Consolidation The Company consolidates entities in which it has a controlling financial interest by first considering if an entity meets the definition of a variable interest entity ("VIE") for which the Company is deemed to be the primary beneficiary, or if the Company has the power to control an entity through a majority of voting interest or through other arrangements. Variable Interest Entities —A VIE is an entity that either (i) lacks sufficient equity to finance its activities without additional subordinated financial support from other parties; (ii) whose equity holders lack the characteristics of a controlling financial interest; and/or (iii) is established with non-substantive voting rights. A VIE is consolidated by its primary beneficiary, which is defined as the party who has a controlling financial interest in the VIE through (a) power to direct the activities of the VIE that most significantly affect the VIE’s economic performance, and (b) obligation to absorb losses or right to receive benefits of the VIE that could be significant to the VIE. This assessment may involve subjectivity in the determination of which activities most significantly affect the VIE’s performance, and estimates about current and future fair value of the assets held by the VIE and financial performance of the VIE. In assessing its interests in the VIE, the Company also considers interests held by its related parties, including de facto agents. Additionally, the Company assesses whether it is a member of a related party group that collectively meets the power and benefits criteria and, if so, whether the Company is most closely associated with the VIE. In performing the related party analysis, the Company considers both qualitative and quantitative factors, including, but not limited to: the characteristics and size of its investment relative to the related party; the Company’s and the related party's ability to control or significantly influence key decisions of the VIE including consideration of involvement by de facto agents; the obligation or likelihood for the Company or the related party to fund operating losses of the VIE; and the similarity and significance of the VIE’s business activities to those of the Company and the related party. The determination of whether an entity is a VIE, and whether the Company is the primary beneficiary, may involve significant judgment, and depends upon facts and circumstances specific to an entity at the time of the assessment. Voting Interest Entities —Unlike VIEs, voting interest entities have sufficient equity to finance their activities and equity investors exhibit the characteristics of a controlling financial interest through their voting rights. The Company consolidates such entities when it has the power to control these entities through ownership of a majority of the entities' voting interests or through other arrangements.
Noncontrolling Interests	Noncontrolling Interests Redeemable Noncontrolling Interests —This represents noncontrolling interests in the Company's digital investment management business and in consolidated open-end funds sponsored by the Company. The noncontrolling interests either have redemption rights that will be triggered upon the occurrence of certain events (Note 10) or have the ability to withdraw all or a portion of their interests from the consolidated open-end funds in cash with advance notice. Redeemable noncontrolling interests is presented outside of permanent equity. Allocation of net income or loss to redeemable noncontrolling interests is based upon their ownership percentage during the period. The carrying amount of redeemable noncontrolling interests is adjusted to its redemption value at the end of each reporting period to an amount not less than its initial carrying value, except for amounts contingently redeemable which will be adjusted to redemption value only when redemption is probable. Such adjustments will be recognized in additional paid-in capital. Noncontrolling Interests in Investment Entities —This represents predominantly interests in consolidated investment entities held by co-investors through investment vehicles managed by the Company or held by third party joint venture partners. Allocation of net income or loss is generally based upon relative ownership interests held by equity owners in each investment entity, or based upon contractual arrangements that may provide for disproportionate allocation of economic returns among equity interests, including using a hypothetical liquidation at book value basis, where applicable and substantive. Noncontrolling Interests in Operating Company —This represents membership interests in OP held primarily by certain employees of the Company. Noncontrolling interests in OP are allocated a share of net income or loss in OP based on their weighted average ownership interest in OP during the period. Noncontrolling interests in OP have the right to require OP to redeem part or all of such member’s membership units in OP ("OP Units") for cash based on the market value of an equivalent number of shares of class A common stock at the time of redemption, or at the Company's election as managing member of OP, through issuance of shares of class A common stock (registered or unregistered) on a one-for-one basis. At the end of each reporting period, noncontrolling interests in OP is adjusted to reflect their ownership percentage in OP at the end of the period, through a reallocation between controlling and noncontrolling interests in OP, as applicable.
Foreign Currency	Foreign Currency Assets and liabilities denominated in a foreign currency for which the functional currency is a foreign currency are translated using the exchange rate in effect at the balance sheet date and the corresponding results of operations for such entities are translated using the average exchange rate in effect during the period. The resulting foreign currency translation adjustments are recorded as a component of accumulated other comprehensive income or loss in stockholders’ equity. Upon sale, complete or substantially complete liquidation of a foreign subsidiary, or upon partial sale of a foreign equity method investment, the translation adjustment associated with the investment, or a proportionate share related to the portion of equity method investment sold, is reclassified from accumulated other comprehensive income or loss into earnings. Assets and liabilities denominated in a foreign currency for which the functional currency is the U.S. dollar are remeasured using the exchange rate in effect at the balance sheet date and the corresponding results of operations for such entities are remeasured using the average exchange rate in effect during the period. The resulting foreign currency remeasurement adjustments are recorded in other gain (loss) on the statements of operations. Disclosures of non-U.S. dollar amounts to be recorded in the future are translated using exchange rates in effect at the date of the most recent balance sheet presented.
Fair Value Measurement	Fair Value Measurement Fair value is based on an exit price, defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. Where appropriate, the Company makes adjustments to estimated fair values to appropriately reflect counterparty credit risk as well as the Company's own credit-worthiness. The estimated fair value of financial assets and financial liabilities are categorized into a three tier hierarchy, prioritized based on the level of transparency in inputs used in the valuation techniques, as follows: Level 1 —Quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2 —Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities, quoted prices in non-active markets, or valuation techniques utilizing inputs that are derived principally from or corroborated by observable data directly or indirectly for substantially the full term of the financial instrument. Level 3 —At least one assumption or input is unobservable and it is significant to the fair value measurement, requiring significant management judgment or estimate.
Fair Value Option	Fair Value Option The fair value option provides an option to elect fair value as a measurement alternative for selected financial instruments. The fair value option may be elected only upon the occurrence of certain specified events, including when the Company enters into an eligible firm commitment, at initial recognition of the financial instrument, as well as upon a business combination or consolidation of a subsidiary. The election is irrevocable unless a new election event occurs.
Business Combinations	Business Combinations Definition of a Business —The Company evaluates each purchase transaction to determine whether the acquired assets meet the definition of a business. If substantially all of the fair value of gross assets acquired is concentrated in a single identifiable asset or a group of similar identifiable assets, then the set of transferred assets and activities is not a business. If not, for an acquisition to be considered a business, it would have to include an input and a substantive process that together significantly contribute to the ability to create outputs (i.e., there is a continuation of revenue before and after the transaction). A substantive process is not ancillary or minor, cannot be replaced without significant costs, effort or delay or is otherwise considered unique or scarce. To qualify as a business without outputs, the acquired assets would require an organized workforce with the necessary skills, knowledge and experience to perform a substantive process. Asset Acquisitions —For acquisitions that are not deemed to be businesses, the assets acquired are recognized based on their cost to the Company as the acquirer and no gain or loss is recognized. The cost of assets acquired in a group is allocated to individual assets within the group based on their relative fair values and does not give rise to goodwill. Transaction costs related to acquisition of assets are included in the cost basis of the assets acquired. Business Combinations —The Company accounts for acquisitions that qualify as business combinations by applying the acquisition method. Transaction costs related to acquisition of a business are expensed as incurred and excluded from the fair value of consideration transferred. The identifiable assets acquired, liabilities assumed and noncontrolling interests in an acquired entity are recognized and measured at their estimated fair values. The excess of the fair value of consideration transferred over the fair values of identifiable assets acquired, liabilities assumed and noncontrolling interests in an acquired entity, net of fair value of any previously held interest in the acquired entity, is recorded as goodwill. Such valuations require management to make significant estimates and assumptions. Contingent Consideration —Contingent consideration is classified as a liability or equity, as applicable. Contingent consideration in connection with the acquisition of a business or a VIE is measured at fair value on acquisition date, and unless classified as equity, is remeasured at fair value each reporting period thereafter until the consideration is settled, with changes in fair value included in net income. Contingent consideration in connection with the acquisition of assets (and that is not a VIE) is generally recognized when the liability is considered both probable and reasonably estimable, as part of the basis of the acquired assets
Discontinued Operations	Discontinued Operations If the disposition of a component, being an operating or reportable segment, business unit, subsidiary or asset group, represents a strategic shift that has or will have a major effect on the Company’s operations and financial results, the operating profits or losses of the component when classified as held for sale, and the gain or loss upon disposition of the component, are presented as discontinued operations in the statements of operations. A business or asset group acquired in connection with a business combination that meets the criteria to be accounted for as held for sale at the date of acquisition is reported as discontinued operations, regardless of whether it meets the strategic shift criterion.
Cash and Cash Equivalents	Cash and Cash Equivalents Short-term, highly liquid investments with original maturities of three months or less are considered to be cash equivalents. The Company's cash and cash equivalents are held with major financial institutions and may at times exceed federally insured limits.
Restricted Cash	Restricted Cash Restricted cash consists primarily of cash reserves maintained pursuant to the governing agreements of the various securitized debt of the Company and its subsidiaries.
Real Estate Assets	Real Estate Assets Real Estate Acquisitions Real estate acquisitions are recorded at the fair values of the acquired components at the time of acquisition, allocated among land, building, site and building improvements, infrastructure, equipment, lease-related tangible and intangible assets and liabilities, such as tenant improvements, deferred leasing costs, in-place lease values, above- and below-market lease values, and tenant relationships. The estimated fair value of acquired land is derived from recent comparable sales of land and listings within the same local region based on available market data. The estimated fair value of acquired buildings and building improvements is derived from comparable sales, discounted cash flow analysis using market-based assumptions, or replacement cost for a similar property, as appropriate. The fair value of site and tenant improvements and infrastructure assets are estimated based upon current market replacement costs and other relevant market rate information. Real Estate Held for Investment Real estate held for investment are carried at cost less accumulated depreciation. Costs Capitalized or Expensed— Expenditures for ordinary repairs and maintenance are expensed as incurred, while expenditures for significant renovations that improve or extend the useful life of the asset are capitalized and depreciated over their estimated useful lives. Depreciation— Real estate held for investment, other than land, are depreciated on a straight-line basis over the estimated useful lives of the assets, as follows: Real Estate Assets Term Site improvements 5 to 40 years Building 5 to 50 years Building improvements 5 to 40 years Tenant improvements Lesser of useful life or remaining term of lease Data center infrastructure 10 to 20 years Furniture, fixtures and equipment 1 to 8 years Impairment —The Company evaluates its real estate held for investment for impairment periodically or whenever events or changes in circumstances indicate that the carrying amounts may not be recoverable. The Company evaluates real estate for impairment generally on an individual property basis. If an impairment indicator exists, the Company evaluates the undiscounted future net cash flows that are expected to be generated by the property, including any estimated proceeds from the eventual disposition of the property. If multiple outcomes are under consideration, the Company may apply either a probability-weighted cash flows approach or the single-most-likely estimate of cash flows approach, whichever is more appropriate under the circumstances. Based upon the analysis, if the carrying value of a property exceeds its undiscounted future net cash flows, an impairment loss is recognized for the excess of the carrying value of the property over the estimated fair value of the property. In evaluating and/or measuring impairment, the Company considers, among other things, current and estimated future cash flows associated with each property for the duration of the estimated hold period of each property, market information for each sub-market, including, where applicable, competition levels, foreclosure levels, leasing trends, occupancy trends, lease or room rates, and the market prices of similar properties recently sold or currently being offered for sale, expected capitalization rates at exit, and other quantitative and qualitative factors. Another key consideration in this assessment is the Company's assumptions about the highest and best use of its real estate investments and its intent and ability to hold them for a reasonable period that would allow for the recovery of their carrying values. If such assumptions change and the Company shortens its expected hold period, this may result in the recognition of impairment losses. Real Estate Held for Disposition Real estate is classified as held for disposition in the period when (i) management approves a plan to sell the asset, (ii) the asset is available for immediate sale in its present condition, subject only to usual and customary terms, (iii) a program is initiated to locate a buyer and actively market the asset for sale at a reasonable price, and (iv) completion of the sale is probable within one year. Real estate held for disposition is stated at the lower of its carrying amount or estimated fair value less disposal cost, with any write-down to fair value less disposal cost recorded as an impairment loss. For any increase in fair value less disposal cost subsequent to classification as held for disposition, the impairment loss may be reversed, but only up to the amount of cumulative loss previously recognized. Depreciation is not recorded on assets classified as held for disposition. At the time a sale is consummated, the excess, if any, of sale price less selling costs over carrying value of the real estate is recognized as a gain. If circumstances arise that were previously considered unlikely and, as a result, the Company decides not to sell the real estate asset previously classified as held for disposition, the real estate asset is reclassified as held for investment. Upon reclassification, the real estate asset is measured at the lower of (i) its carrying amount prior to classification as held for disposition, adjusted for depreciation expense that would have been recognized had the real estate been continuously classified as held for investment, or (ii) its estimated fair value at the time the Company decides not to sell. Foreclosed Properties The Company may receive foreclosed properties in full or partial settlement of loans receivable by taking legal title or physical possession of the properties. Foreclosed properties are generally recognized at the time the real estate is received at foreclosure sale or upon execution of a deed in lieu of foreclosure. Foreclosed properties are initially measured at fair value. If the fair value of the property is lower than the carrying value of the loan, the difference is recognized as provision for loan loss and the cumulative loss allowance on the loan is charged off. The Company periodically evaluates foreclosed properties for subsequent decrease in fair value which is recorded as additional impairment loss. Fair value of foreclosed properties is generally based on third party appraisals, broker price opinions, comparable sales or a combination thereof.
Loans Receivable	Loans Receivable Loans that the Company has the intent and ability to hold for the foreseeable future are classified as held for investment. Loans that the Company intends to sell or liquidate in the foreseeable future are classified as held for disposition. Interest income is recognized based upon contractual interest rate and unpaid principal balance of the loans. Loans that are past due 90 days or more as to principal or interest, or where reasonable doubt exists as to timely collection, are generally considered nonperforming, with reversal of interest income and suspension of interest income recognition. Recognition of interest income may be restored when all principal and interest are current and full repayment of the remaining contractual principal and interest are reasonably assured. Effective January 1, 2020, the Company elected the fair value option for all loans receivable. Loan fair values are generally determined either: by comparing the current yield to the estimated yield of newly originated loans with similar credit risk or the market yield at which a third party might expect to purchase such investment; or based upon discounted cash flow projections of principal and interest expected to be collected, which projections include, but are not limited to, consideration of the financial standing of the borrower or sponsor as well as operating results and/or value of the underlying collateral. For loans that are nonperforming where recognition of interest income is suspended, any interest subsequently collected is recognized on a cash basis by crediting income when received.
Equity Investments	Equity Investments A noncontrolling, unconsolidated ownership interest in an entity may be accounted for using one of: (i) equity method where applicable; (ii) fair value option if elected; (iii) fair value through earnings if fair value is readily determinable, including election of net asset value ("NAV") practical expedient where applicable; or (iv) for equity investments without readily determinable fair values, the measurement alternative to measure at cost adjusted for any impairment and observable price changes, as applicable. Marketable equity securities are recorded as of trade date. Dividend income is recognized on the ex-dividend date and is included in other income. Fair value changes of equity method investments under the fair value option are recorded in earnings (losses) from equity method investments. Fair value changes of other equity investments, including adjustments for observable price changes under the measurement alternative, are recorded in other gain (loss). Equity Method Investments The Company accounts for investments under the equity method of accounting if it has the ability to exercise significant influence over the operating and financial policies of an entity, but does not have a controlling financial interest. The equity method investment is initially recorded at cost and adjusted each period for capital contributions, distributions and the Company's share of the entity’s net income or loss as well as other comprehensive income or loss. The Company's share of net income or loss may differ from the stated ownership percentage interest in an entity if the governing documents prescribe a substantive non-proportionate earnings allocation formula or a preferred return to certain investors. For certain equity method investments, the Company records its proportionate share of income on a one to three month lag. Distributions of operating profits from equity method investments are reported as operating activities, while distributions in excess of operating profits are reported as investing activities in the statement of cash flows under the cumulative earnings approach. Carried Interest —The Company's equity method investments include its interests as general partner or equivalent in investment vehicles that it sponsors. The Company recognizes earnings based on its proportionate share of results from these investment vehicles and a disproportionate allocation of returns based on the extent to which cumulative performance exceeds minimum return hurdles pursuant to terms of their respective governing agreements (“carried interests”). To the extent the investment vehicles qualify for investment company accounting, their underlying results and consequently, the calculation of carried interests, reflect changes in fair value of their investments each period. The amount of carried interest recognized based on the cumulative performance of each investment vehicle if it were liquidated as of the reporting date may be subject to reversal until such time the carried interest, if any, is realized. Realization of carried interest generally occurs upon disposition of all underlying investments of an investment vehicle, or in part with each disposition, pursuant to the governing documents of the investment vehicles. Impairment Evaluation of impairment applies to equity method investments and equity investments under the measurement alternative. If indicators of impairment exist, the Company will first estimate the fair value of its investment. In assessing fair value, the Company generally considers, among others, the estimated enterprise value of the investee or fair value of the investee's underlying net assets, including net cash flows to be generated by the investee as applicable, and for equity method investees with publicly traded equity, the traded price of the equity securities in an active market. For investments under the measurement alternative, if carrying value of the investment exceeds its fair value, an impairment is deemed to have occurred. For equity method investments, further consideration is made if a decrease in value of the investment is other-than-temporary to determine if impairment loss should be recognized. Assessment of other-than-temporary impairment ("OTTI") involves management judgment, including, but not limited to, consideration of the investee’s financial condition, operating results, business prospects and creditworthiness, the Company's ability and intent to hold the investment until recovery of its carrying value, or a significant and prolonged decline in traded price of the investee’s equity security. If management is unable to reasonably assert that an impairment is temporary or believes that the Company may not fully recover the carrying value of its investment, then the impairment is considered to be other-than-temporary.
Debt Securities	Debt Securities Debt securities are recorded as of the trade date. Debt securities designated as available-for-sale (“AFS”) are carried at fair value with unrealized gains or losses included as a component of other comprehensive income. Upon disposition of AFS debt securities, the cumulative gains or losses in other comprehensive income (loss) that are realized are recognized in other gain (loss), net, on the statement of operations based on specific identification. Interest Income —Interest income from debt securities, including stated coupon interest payments and amortization of purchase premiums or discounts, is recognized using the effective interest method over the expected lives of the debt securities. For beneficial interests in debt securities that are not of high credit quality (generally credit rating below AA) or that can be contractually settled such that the Company would not recover substantially all of its recorded investment, interest income is recognized as the accretable yield over the life of the securities using the effective yield method. The accretable yield is the excess of current expected cash flows to be collected over the net investment in the security, including the yield accreted to date. The Company evaluates estimated future cash flows expected to be collected on a quarterly basis, starting with the first full quarter after acquisition, or earlier if conditions indicating impairment are present. If the cash flows expected to be collected cannot be reasonably estimated, either at acquisition or in subsequent evaluation, the Company may consider placing the securities on nonaccrual, with interest income recognized using the cost recovery method. Impairment —The Company performs an assessment, at least quarterly, to determine whether its AFS debt securities are considered to be impaired; that is, if their fair value is less than their amortized cost basis. If the Company intends to sell the impaired debt security or is more likely than not will be required to sell the debt security before recovery of its amortized cost, the entire impairment amount is recognized in earnings within other gain (loss) as a write-off of the amortized cost basis of the debt security. If the Company does not intend to sell or is not more likely than not required to sell the debt security before recovery of its amortized cost, the credit component of the loss is recognized in earnings within other gain (loss) as an allowance for credit loss, which may be subject to reversal for subsequent recoveries in fair value. The non-credit loss component is recognized in other comprehensive income or loss ("OCI"). The allowance is charged off against the amortized cost basis of the security if in a subsequent period, the Company intends to or more likely than not will be required to sell the security, or if the Company deems the security to be uncollectable.
Identifiable Intangibles and Goodwill	Identifiable Intangibles In a business combination or asset acquisition, the Company may recognize identifiable intangibles that meet either or both the contractual legal criterion or the separability criterion. An indefinite-lived intangible is not subject to amortization until such time that its useful life is determined to no longer be indefinite, at which point, it will be assessed for impairment and its adjusted carrying amount amortized over its remaining useful life. Finite-lived intangibles are amortized over their useful life in a manner that reflects the pattern in which the intangible is being consumed if readily determinable, such as based upon expected cash flows; otherwise they are amortized on a straight-line basis. The useful life of all identified intangibles will be periodically reassessed and if useful life changes, the carrying amount of the intangible will be amortized prospectively over the revised useful life. The Company's identifiable intangible assets are generally valued under the income approach, using an estimate of future net cash flows, discounted based upon risk-adjusted returns for similar underlying assets. Lease-Related Intangibles —Identifiable intangibles recognized in acquisitions of operating real estate include in-place leases, deferred leasing costs, above- or below-market leases, and tenant relationships. In-place leases generate value over and above the tangible real estate because a property that is occupied with leased space is typically worth more than a vacant building without a lease contract in place. Acquired in-place leases are valued as the forgone rental income had the property been acquired in an as if vacant state, using market data on comparable and recently signed leases. Deferred leasing costs represent leasing commissions and legal fees that would otherwise have been incurred if a lease was not in-place. Acquired in-place leases and deferred leasing costs are amortized on a straight-line basis to depreciation and amortization expense over the remaining term of the applicable leases. If an in-place lease is terminated, the unamortized portion is charged to depreciation and amortization expense. The value of the above- or below-market component of acquired leases represents the difference between contractual rents of acquired leases and market rents at the time of the acquisition for the remaining lease term. Above- or below-market operating lease values are amortized on a straight-line basis as a decrease or increase to rental income, respectively, over the applicable lease terms. This includes fixed rate renewal options in acquired leases that are assumed to be renewed if below market, which are amortized to increase rental income over the renewal period. Tenant relationships represent the estimated net cash flows attributable to the likelihood of lease renewal by an existing tenant relative to the cost of obtaining a new lease, taking into consideration the time it would take to execute a new lease or backfill a vacant space. Tenant relationships are amortized on a straight-line basis to depreciation and amortization expense over its estimated useful life. Investment Management Intangibles —Identifiable intangibles recognized in acquisition of an investment management business generally include management contracts, which represent contractual rights to future fee income from in-place management contracts that is amortized based upon expected cash flows over the remaining term of the contracts; and investor relationships, which represent potential fee income generated from future reinvestment by existing investors that is amortized on a straight-line basis over its estimated useful life. Other Intangible Assets —In addition to leasing activities, data center operators provide various data center services to their customers, largely in the colocation business, which give rise to customer service contract and customer relationship intangible assets in an acquisition of operating data centers. Customer service contracts are valued based upon an estimate of net cash flows from providing data center services that would have been forgone if these service contracts were not in place, taking into consideration the time it would take to execute a new contract. Customer service contracts are amortized on a straight-line basis over the remaining term of the respective contracts, and if the service contract is terminated, the remaining unamortized balance is charged off. Customer relationships represent incremental net cash flows to the business that is attributable to these in-place relationships, and is amortized on a straight-line basis over its estimated useful life. Trade names are recognized as a separate identifiable intangible asset to the extent the Company intends to continue using the trade name post-acquisition. Trade names are valued as the savings from royalty fees that would have otherwise been incurred. Trade names are amortized on a straight-line basis over the estimated useful life, or not amortized if they are determined to have an indefinite useful life. Impairment Identifiable intangible assets are reviewed periodically to determine if circumstances exist which may indicate a potential impairment. If such circumstances are considered to exist, the Company evaluates if carrying value of the intangible asset is recoverable based upon an undiscounted cash flow analysis. Impairment loss is recognized for the excess, if any, of carrying value over estimated fair value of the intangible asset. An impairment establishes a new basis for the intangible asset and any impairment loss recognized is not subject to subsequent reversal. Impairment analysis on lease intangible assets is performed in connection with the impairment assessment of the related real estate. In evaluating investment management intangibles for impairment, such as management contracts and investor relationships, the Company considers various factors that may affect future fee income, including but not limited to, changes in fee basis, amendments to contractual fee terms, and projected capital raising for future investment vehicles. Indefinite life trade names are impaired if the Company determines that it no longer intends to use the trade name. Goodwill Goodwill is an unidentifiable intangible asset and is recognized as a residual, generally measured as the excess of consideration transferred in a business combination over the identifiable assets acquired, liabilities assumed and noncontrolling interests in the acquiree. Goodwill is assigned to reporting units that are expected to benefit from the synergies of the business combination. Goodwill is tested for impairment at the reporting units to which it is assigned at least on an annual basis in the fourth quarter of each year, or more frequently if events or changes in circumstances occur that would more likely than not reduce the fair value of a reporting unit below its carrying value, including goodwill. The assessment of goodwill for impairment may initially be performed based on qualitative factors to determine if it is more likely than not that the fair value of the reporting unit to which the goodwill is assigned is less than its carrying value, including goodwill. If so, a quantitative assessment is performed to identify both the existence of impairment and the amount of impairment loss. The Company may bypass the qualitative assessment and proceed directly to performing a quantitative assessment to compare the fair value of a reporting unit with its carrying value, including goodwill. Impairment is measured as the excess of carrying value over fair value of the reporting unit, with the loss recognized limited to the amount of goodwill assigned to that reporting unit.
Accounts Receivable and Related Allowance	Accounts Receivable and Related Allowance Property Operating Income Receivables (excluding lease income receivables) —The Company periodically evaluates aged receivables and considers the collectability of unbilled receivables. The Company estimates allowance for doubtful accounts for specific accounts receivable balances based upon historical collection trends, age of outstanding accounts receivables and existing economic conditions associated with the receivables. Cost Reimbursements and Recoverable Expenses —The Company is entitled to reimbursements and/or recovers certain costs paid on behalf of investment vehicles managed by the Company, which include: (i) organization and offering costs associated with the formation and capital raising of the investment vehicles subject to certain limitations; (ii) direct and indirect operating costs associated with managing the operations of certain investment vehicles; and (iii) costs
Fixed Assets	Fixed Assets Fixed assets of the Company are presented within other assets and carried at cost less accumulated depreciation and amortization. Ordinary repairs and maintenance are expensed as incurred. Major replacements and betterments which improve or extend the life of assets are capitalized and depreciated over their useful life. Depreciation and amortization is recognized on a straight-line basis over the estimated useful life of the assets, which range between 3 to 7 years for furniture, fixtures, equipment and capitalized software, and over the shorter of the lease term or useful life for leasehold improvements.
Transfers of Financial Assets	Transfers of Financial Assets Sale accounting for transfers of financial assets is limited to the transfer of an entire financial asset, a group of financial assets in its entirety, or a component of a financial asset which meets the definition of a participating interest with characteristics that are similar to the original financial asset. Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. If the Company has any continuing involvement, rights or obligations with the transferred financial asset (outside of standard representations and warranties), sale accounting requires that the transfer meets the following conditions: (1) the transferred asset has been legally isolated; (2) the transferee has the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred asset; and (3) the Company does not maintain effective control over the transferred asset through an agreement that provides for (a) both an entitlement and an obligation by the Company to repurchase or redeem the asset before its maturity, (b) the unilateral ability by the Company to reclaim the asset and a more than trivial benefit attributable to that ability, or (c) the transferee requiring the Company to repurchase the asset at a price so favorable to the transferee that it is probable the repurchase will occur. If the criteria for sale accounting are met, the transferred financial asset is removed from the balance sheet and a net gain or loss is recognized upon sale, taking into account any retained interests. Transfers of financial assets that do not meet the criteria for sale are accounted for as financing transactions.
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities The Company may use derivative instruments to manage its interest rate risk and foreign currency risk. The Company does not use derivative instruments for speculative or trading purposes. All derivative instruments are recorded at fair value and included in other assets or other liabilities on a gross basis on the balance sheet. The accounting for changes in fair value of derivatives depends upon whether the derivative has been designated in a hedging relationship and qualifies for hedge accounting. Changes in fair value of derivatives not designated as accounting hedges are recorded in the statement of operations in other gain (loss). For designated accounting hedges, the relationships between hedging instruments and hedged items, risk management objectives and strategies for undertaking the accounting hedges as well as the methods to assess the effectiveness of the derivative prospectively and retrospectively, are formally documented at inception. Hedge effectiveness relates to the amount by which the gain or loss on the designated derivative instrument exactly offsets the change in the hedged item attributable to the hedged risk. If it is determined that a derivative is not expected to be or has ceased to be highly effective at hedging the designated exposure, hedge accounting is discontinued. Cash Flow Hedges —The Company may use interest rate caps and swaps to hedge its exposure to interest rate fluctuations in forecasted interest payments on floating rate debt and may designate as cash flow hedges. Changes in fair value of the derivative is recorded in accumulated other comprehensive income (loss) or AOCI and reclassified into earnings when the hedged item affects earnings. If the derivative in a cash flow hedge is terminated or the hedge designation is removed, related amounts in AOCI are reclassified into earnings when the hedged item affects earnings. Net Investment Hedges —The Company may use foreign currency hedges to protect the value of its net investments in foreign subsidiaries or equity investees whose functional currencies are not U.S. dollars. Changes in fair value of derivatives used as hedges of net investment in foreign operations are recorded in the cumulative translation adjustment account within AOCI. At the end of each quarter, the Company reassesses the effectiveness of its net investment hedges and as appropriate, dedesignates the portion of the derivative notional that is in excess of the beginning balance of its net investments as undesignated hedges. Release of amounts in AOCI related to net investment hedges occurs upon losing a controlling financial interest in an investment or obtaining control over an equity method investment. Upon sale, complete or substantially complete liquidation of an investment in a foreign subsidiary, or partial sale of an equity method investment, the gain or loss on the related net investment hedge is reclassified from AOCI to earnings.
Leases	Leases As lessee, the Company determines if an arrangement contains a lease and determines the classification of a leasing arrangement at its inception. A lease is classified as a finance lease, which represents a financed purchase of the leased asset, if the lease meets any of the following criteria: (a) asset ownership is transferred to lessee by end of lease term; (b) option to purchase asset is reasonably certain to be exercised by lessee; (c) the lease term is for a major part of the remaining economic life of the asset; (d) the present value of lease payments equals or exceeds substantially the fair value of the asset; or (e) the asset is of such a specialized nature that it is expected to have no alternative use at end of lease term. A lease is classified as an operating lease when none of the criteria are met. The Company's leasing arrangements are composed primarily of finance and operating leases for data centers, operating ground leases for other investment properties, and operating leases for its corporate offices. Short-term leases are not recorded on the balance sheet, with lease payments expensed on a straight-line basis over the lease term. Short-term leases are defined as leases which at commencement date, has a lease term of 12 months or less and does not include an option to purchase the underlying asset that the lessee is reasonably certain to exercise. For leases with terms greater than 12 months, a lessee's rights to use the leased asset and obligation to make future lease payments are recognized on balance sheet at lease commencement date as a right-of-use ("ROU") lease asset and a lease liability, respectively. The lease liability is measured based upon the present value of future lease payments over the lease term, discounted at the incremental borrowing rate. Variable lease payments are excluded and are recognized as lease expense as incurred. Lease renewal or termination options are taken into account only if it is reasonably certain that the option would be exercised. As an implicit rate is not readily determinable in most leases, an estimated incremental borrowing rate is applied, which is the interest rate that the Company or its subsidiary, where applicable, would have to pay to borrow an amount equal to the lease payments, on a collateralized basis over the lease term. In estimating incremental borrowing rates, consideration is given to recent debt financing transactions by the Company or its subsidiaries as well as publicly available data for debt instruments with similar characteristics, adjusted for the lease term. The ROU lease asset is measured based upon the corresponding lease liability, reduced by any lease incentives and adjusted to include capitalized initial direct leasing costs. The Company's ROU lease asset is presented within other assets and is amortized on a straight-line basis over the shorter of its useful life or remaining lease term. The Company's lease liability is presented within accrued and other liabilities. The lease liability is (a) reduced by lease payments made during the period; and (b) accreted to the balance as of the beginning of the period based upon the discount rate used at lease commencement. For finance leases, periodic lease payments are allocated between (i) interest expense, calculated based upon the incremental borrowing rate determined at commencement, to produce a constant periodic interest rate on the remaining balance of the lease liability, and (ii) reduction of lease liability. The combination of periodic interest expense and amortization expense on the ROU lease asset effectively reflects installment purchases on the financed leased asset, and results in a front-loaded expense recognition. Higher interest expense is recorded in the early periods as a constant interest rate is applied to the finance lease liability and the liability decreases over the lease term as cash payments are made. For operating leases, fixed lease expense is recognized over the lease term on a straight-line basis and variable lease expense is recognized in the period incurred.
Financing Costs	Financing Costs Debt discounts and premiums as well as debt issuance costs (except for revolving credit arrangements) are presented net against the associated debt on the balance sheet and amortized into interest expense using the effective interest method over the contractual term or expected life of the debt instrument. Costs incurred in connection with revolving credit arrangements are recorded as deferred financing costs in other assets, and amortized on a straight-line basis over the expected term of the credit facility.
Property Operating Income	Property Operating Income Property operating income includes the following: Lease Income The Company's lease income is composed of (i) fixed lease income for rents, and for interconnection services and a committed amount of power related to contracted data center leased space; and (ii) variable lease income for tenant reimbursements, installation services of Company-owned data center equipment and additional metered power reimbursements based upon usage by data center tenants at prevailing rates. As lessor, the Company made the accounting policy election to treat the lease and nonlease components in a lease contract as a single component to the extent that the timing and pattern of transfer are similar for the lease and nonlease components and the lease component qualifies as an operating lease. Accordingly, the nonlease components of tenant reimbursements for net leases, interconnection services, installation services of Company-owned data center equipment and payments for power by data center tenants are combined with their respective lease components and accounted for as a single lease component as the lease component is predominant. Rental Income and Tenant Reimbursements Rental income is recognized on a straight-line basis over the noncancelable term of the related lease which includes the effects of minimum rent increases and rent abatements under the lease. Rents received in advance are deferred. In net lease arrangements, the tenant is generally responsible for operating expenses relating to the property, including real estate taxes, property insurance, maintenance, repairs and improvements. Costs reimbursable from tenants and other recoverable costs are recognized as revenue in the period the recoverable costs are incurred. When the Company is the primary obligor with respect to purchasing goods and services for property operations and has discretion in selecting the supplier and retains credit risk, tenant reimbursement revenue and property operating expenses are presented on a gross basis in the statements of operations. For net leases where the lessee self-manages the property, hires its own service providers and retains credit risk for routine maintenance contracts, no reimbursement revenue and expense are recognized. For property taxes and insurance, amounts paid directly by lessees to third parties on behalf of the Company are not recognized in the statement of operations, while amounts paid by the Company and reimbursed by lessees are presented gross as property operating income and expenses. Also, sales and similar taxes assessed by a governmental authority that is imposed on specific lease income producing transactions are netted against related collections from lessees. When it is determined that the Company is the owner of tenant improvements, the cost to construct the tenant improvements, including costs paid for or reimbursed from the tenants, is capitalized. For Company-owned tenant improvements, the amounts funded by or reimbursed from the tenants are recorded as deferred revenue, which is amortized on a straight-line basis as additional rental income over the term of the related lease. Rental income recognition commences when the leased space is substantially ready for its intended use and the tenant takes possession of the leased space. When it is determined that the tenant is the owner of tenant improvements, the Company's contribution towards those improvements is recorded as a lease incentive, included in deferred leasing costs and intangible assets on the balance sheet, and amortized as a reduction to rental income on a straight-line basis over the term of the lease. Rental income recognition commences when the tenant takes possession of the lease space. Collectability —The Company evaluates collectability of lease payments based upon the creditworthiness of the lessee and recognizes lease income only to the extent collection of all amounts due over the life of the lease is determined to be probable. If collection is subsequently determined to no longer be probable, any previously accrued lease income that has not been collected is subject to reversal. If collection is subsequently determined to be probable, lease income and corresponding receivable would be reestablished to an amount that would have been recognized if collection had always been deemed to be probable. Costs to Execute Lease —Only incremental costs of obtaining a lease, such as leasing commissions, qualify as initial direct leasing costs to be capitalized. Indirect costs such as allocated overhead, certain legal fees and negotiation costs are expensed as incurred. Resident Fee Income Resident fee income, presented within discontinued operations, is earned from senior housing operating facilities that operate through management agreements with independent third-party operators. Resident fee income related to independent living and assisted living facilities is recorded when services are rendered based on terms of their respective lease agreements. The Company's healthcare business was sold in February 2022. Data Center Service Revenue The Company earns data center service revenue, primarily composed of cloud services, data storage, data protection, network services, software licensing, other services related to installation of customer equipment, and other related information technology services, which are recognized as services are provided to data center customers. Hotel Operating Income
Fee Income	Fee Income Fee income consists primarily of the following: Management Fees —The Company earns management fees for providing investment management services to its sponsored private funds and other investment vehicles, portfolio companies and managed accounts, which constitute a series of distinct services satisfied over time. Management fees are recognized over the life of the investment vehicle as services are provided. Incentive Fees —The Company is entitled to incentive fees from funds and managed accounts in its liquid securities strategy. Incentive fees are determined based upon the performance of the respective funds or accounts, subject to the achievement of specified return thresholds in accordance with the terms set out in their respective governing agreements. Incentive fees take the form of a contractual fee arrangement, and unlike carried interests, do not represent an allocation of returns among equity holders of an investment vehicle. Incentive fees are a form of variable consideration and are recognized when it is probable that a significant reversal of the cumulative revenue will not occur, which is generally at the end of the performance measurement period. Management fees and incentive fees earned from consolidated funds and other investment vehicles are eliminated in consolidation. However, because the fees are funded by and earned from third party investors in these consolidated vehicles who represent noncontrolling interests, the Company's allocated share of net income from the consolidated funds and other vehicles is increased by the amount of fees that are eliminated. Accordingly, the elimination of these fees does not affect net income (loss) attributable to DBRG.
Other Income	Other Income Recurring other income includes primarily the following: Cost Reimbursements from Affiliates —For various services provided to certain affiliates, including managed investment vehicles, the Company is entitled to receive reimbursements of expenses incurred, generally based on expenses that are directly attributable to providing those services and/or a portion of overhead costs. The Company acts in the capacity of a principal under these arrangements. Accordingly, the Company records the expenses and corresponding reimbursement income on a gross basis in the period the services are rendered and costs are incurred. Equity Awards Granted by Managed Companies —These were equity awards granted to the Company to be granted to its employees or granted directly to its employees by publicly-traded REITs previously managed by the Company, NRE (prior to the sale of NRE in September 2019) and BRSP (prior to termination of its management agreement in April 2021). The initial grant was recorded as an other asset and deferred income liability on the balance sheet. The liability was amortized on a straight-line basis to other income over the initial vesting period of the award and equity-based
Compensation	Compensation Compensation comprises salaries, bonus including discretionary awards and contractual amounts for certain senior executives, benefits, severance payments, and equity-based compensation. Bonus is accrued over the employment period to which it relates. Carried Interest and Incentive Fee Compensation —This represents a portion of carried interest and incentive fees earned by the Company that are allocated to senior management, investment professionals and certain other employees of the Company. Carried interest and incentive fee compensation are generally recorded as the related carried interest and incentive fees are recognized in earnings by the Company. Carried interest compensation amounts may be reversed if there is a decline in the cumulative carried interest amounts previously recognized by the Company. Carried interest and incentive fee compensation are generally not paid to management or other employees until the related carried interest and incentive fee amounts are distributed by the investment vehicles to the Company. Equity-Based Compensation —Equity-classified stock awards granted to employees and non-employees that have a service condition and/or a market or performance condition are measured at fair value at date of grant. A modification in the terms or conditions of an award, unless the change is non-substantive, represents an exchange of the original award for a new award. The modified award is revalued and incremental compensation cost is recognized for the excess, if any, between fair value of the award upon modification and fair value of the award immediately prior to modification. Total compensation cost recognized for a modified award, however, cannot be less than its grant date fair value, unless at the time of modification, the service or performance condition of the original award was not expected to be satisfied. Liability-classified stock awards are remeasured at fair value at the end of each reporting period until the award is fully vested.
Income Taxes	Income Taxes A REIT is generally not subject to corporate-level federal and state income tax on net income it distributes to its stockholders. To qualify as a REIT, the Company must meet a number of organizational and operational requirements, including a requirement to distribute at least 90% of its REIT taxable income to its stockholders. If the Company fails to qualify as a REIT in any taxable year and if the statutory relief provisions were not to apply, the Company would be subject to federal and state income taxes at regular corporate rates and may not be able to qualify as a REIT for four subsequent taxable years. Even if the Company qualifies as a REIT, it and its subsidiaries may be subject to certain U.S federal, state and local as well as foreign taxes on its income and property and to U.S federal income and excise taxes on its undistributed taxable income. The Company has elected or may elect to treat certain of its existing or newly created corporate subsidiaries as taxable REIT subsidiaries (each a “TRS”). In general, a TRS may perform non-customary services for tenants of the REIT, hold assets that the REIT cannot or does not intend to hold directly and, subject to certain exceptions related to hotels and healthcare properties, may engage in any real estate or non-real estate related business. The Company uses TRS entities to conduct certain activities that cannot be conducted directly by a REIT, such as investment management, property management including hotel and healthcare operations as well as loan servicing and workout activities. A TRS is treated as a regular, taxable corporation for U.S income tax purposes and therefore, is subject to U.S federal corporate tax on its income and property. Additionally, the Company has invested in real estate assets in foreign countries for which related earnings or other measures are subject to income taxes in the respective foreign jurisdictions, and in some cases, the repatriation of earnings are subject to withholding taxes. Deferred Income Taxes —The provision for income taxes includes current and deferred portions. The Company uses the asset and liability method to provide for income taxes, which requires that the Company's income tax expense reflect the expected future tax consequences of temporary differences between the carrying amounts of assets or liabilities for financial reporting versus income tax purposes. Accordingly, a deferred tax asset or liability for each temporary difference is determined based on enacted tax rates that the Company expects to be in effect when the underlying items of income and expense are realized and the differences reverse. A deferred tax asset is also recognized for net operating loss ("NOL") carryforwards of the TRS and foreign taxable entities. A valuation allowance for deferred tax assets is established if the Company believes it is more likely than not that all or some portion of the deferred tax assets will not be realized. Realization of deferred tax assets is dependent on the Company's TRS and foreign taxable entities generating sufficient taxable income in future periods or employing certain tax planning strategies to realize such deferred tax assets.
Earnings Per Share	Earnings Per Share The Company calculates basic earnings per share ("EPS") using the two-class method which defines unvested share based payment awards that contain nonforfeitable rights to dividends as participating securities. The two-class method is an allocation formula that determines EPS for each share of common stock and participating securities according to dividends declared and participation rights in undistributed earnings. Under this method, all earnings (distributed and undistributed) are allocated to common shares and participating securities based on their respective rights to receive dividends. EPS is calculated by dividing earnings allocated to common shareholders by the weighted-average number of common shares outstanding during the period. Diluted EPS is based on the weighted-average number of common shares and the effect of potentially dilutive common share equivalents outstanding during the period. Potentially dilutive common share equivalents include shares to be issued upon the assumed conversion of the Company's outstanding convertible notes, which are included under the if-converted method when dilutive. The earnings allocated to common shareholders is adjusted to add back the after-tax amount of interest expense associated with the convertible notes, except when doing so would be antidilutive.
Reclassifications and Adjustments to Beginning Equity	Reclassifications Reclassifications were made related to discontinued operations as discussed in "—Discontinued Operations" above and to prior period segment reporting presentation as discussed in Note 20. Additionally, costs related to unconsummated transactions that were previously included within investment and servicing expense in prior periods have been reclassified as transaction-related costs on the consolidated statement of operations to conform to current period presentation. These reclassifications did not affect the Company's financial position, results of operations or cash flows. Adjustments to Beginning Equity On January 1, 2020, upon adoption of Accounting Standards Update ("ASU") No. 2016-13, Financial Instruments— Credit Losses , the Company recorded a $5.1 million decrease to beginning equity, composed of: (i) an $8.4 million decrease to beginning equity, representing the Company's share of the cumulative effect adjustment of adopting the lifetime current expected credit loss ("CECL") model by its equity method investee, BRSP; partially offset by (ii) a $3.3 million increase to beginning equity, reflecting the cumulative effect adjustment of the Company's election of the fair value option for all of its then outstanding loans receivable. On January 1, 2019, upon adoption of ASC 842, Leases , the Company determined that collection of certain operating lease receivables, net of existing allowance for bad debts, was not probable and recorded a cumulative adjustment of approximately $4.5 million to reduce beginning equity.
Accounting Standards Adopted in 2021 and Accounting Standards Pending Adoption	Accounting Standards Adopted in 2021 Income Tax Accounting In December 2019, the FASB issued ASU No. 2019-12, Simplifying Accounting for Income Taxes . The ASU simplifies accounting for income taxes by eliminating certain exceptions to the general approach in ASC 740, Income Taxes, and clarifies certain aspects of the guidance for more consistent application. The simplifications relate to intraperiod tax allocations when there is a loss in continuing operations and a gain outside of continuing operations, accounting for tax law or tax rate changes and year-to-date losses in interim periods, recognition of deferred tax liability for outside basis difference when investment ownership changes, and accounting for franchise taxes that are partially based on income. The ASU also provides new guidance that clarifies the accounting for transactions resulting in a step-up in tax basis of goodwill, among other changes. Transition is generally prospective, other than the provision related to outside basis difference which is on a modified retrospective basis with cumulative effect adjusted to retained earnings at the beginning of the period adopted, and franchise tax provision which is on either full or modified retrospective. The Company adopted the new guidance on January 1, 2021, with no material effect to its consolidated financial statements upon adoption. Accounting for Certain Equity Investments In January 2020, the FASB issued ASU No. 2020-01, Clarifying the Interactions between Topic 321 Investments—Equity Securities, Topic 323—Investments Equity Method and Joint Ventures, and Topic 815—Derivatives and Hedging . The ASU clarifies that if as a result of an observable transaction, an equity investment under the measurement alternative is transitioned into equity method and vice versa, an equity method investment is transitioned into measurement alternative, the investment is to be remeasured immediately before and after the transaction, respectively. The ASU also clarifies that certain forward contracts or purchased options to acquire equity securities that are not deemed to be derivatives or in-substance common stock will generally be measured using the fair value principles of ASC 321 before settlement or exercise, and that an entity should not be considering how it will account for the resulting investments upon eventual settlement or exercise. ASU No. 2020-01 is to be applied prospectively. The Company adopted the new guidance on January 1, 2021, with no resulting effect upon adoption. Accounting for Convertible Instruments and Contracts on Entity's Own Equity In August 2020, the FASB issued ASU No. 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity . The ASU (1) simplifies an issuer’s accounting for convertible instruments as a single unit of account; (2) allows more contracts on an entity’s own equity to qualify for equity classification and more embedded derivatives meeting the derivative scope exception; and (3) simplifies diluted EPS computation. • The guidance eliminates the requirement to separate embedded conversion features in convertible instruments, except for (1) a convertible instrument that contains features requiring bifurcation as a derivative under ASC 815 or (2) a convertible debt instrument that was issued at a substantial premium. Separate accounting for embedded conversion features as an equity component under the cash conversion and beneficial conversion models has been eliminated. • Under the new guidance, certain conditions under Subtopic ASC 815-40 that may result in contracts being settled in cash rather than shares and therefore preclude (1) equity classification for contracts on an entity’s own equity; and (2) embedded derivatives from qualifying for the derivative scope exception, have been removed; for example, the requirement that equity contracts permit settlement in unregistered shares unless such contracts explicitly require settlement in cash if registered shares are unavailable. The guidance also clarifies that freestanding contracts on an entity’s own equity that do not qualify for equity classification under the indexation criteria (ASC 815-40-15) or settlement criteria (ASC 815-40-25) are to be measured at fair value through earnings, even if they do not meet the definition of a derivative under ASC 815. • The ASU also amends certain guidance on computation of diluted EPS for convertible instruments and contracts on an entity’s own equity that results in a more dilutive EPS, including (1) requiring the if converted method to be applied for all convertible instruments (the treasury stock method is no longer available), and (2) removing the ability to rebut the presumption of share settlement for contracts that may be settled in cash or stock and that are not liability classified share based payments. • Expanded disclosures are required, including but not limited to, (1) terms and features of convertible instruments and contracts on entity’s own equity; and (2) information about events, conditions, and circumstances that could affect amount or timing of future cash flows related to these instruments or contracts; and in the period of adoption (3) nature of and reason for the change in accounting principle; and (4) effects of the change on EPS. Upon adoption, a one-time election may be made to apply the fair value option for any liability-classified convertible securities. Adoption of the new standard may be made either on a full retrospective approach or a modified retrospective approach, with cumulative effect adjustment recorded to beginning retained earnings. The Company early adopted the new guidance on January 1, 2021 using a modified retrospective approach, with no resulting effect upon adoption. Accounting Standards Pending Adoption Amendment to Lessor Accounting In July 2021, the FASB issued ASU No. 2021-5, Lessors—Certain Leases with Variable Lease Payments , which amends existing lease classification guidance for lessors to better reflect the economics of certain lease arrangements. The ASU requires a lease with variable lease payments that are not based upon a rate or index to be classified as an operating lease if classification as a direct financing lease or sales-type lease would have resulted in a loss to the lessor at lease commencement. A loss could have otherwise arisen even if the lease is expected to be profitable as the exclusion of these variable lease payments result in the recognition of a lower net investment in a lease relative to the carrying value of the underlying asset that is derecognized at the commencement of a direct financing or sales-type lease. Under the amended guidance, this uneconomic outcome is avoided because the classification as an operating lease does not result in a derecognition of the underlying asset by the lessor, and the recognition of variable lease payments earned and depreciation expense on the underlying asset will partially offset in earnings over time. The ASU is effective January 1, 2022 and can be applied either retrospectively to leases that commenced or were modified upon adoption of Topic 842, Leases, or prospectively to new or modified leases. The Company, as lessor, does not currently have any leases that would be subject to this amendment. Acquired Contracts with Customers In October 2021, the FASB issued ASU No. 2021-8, Accounting for Contract Assets and Contract Liabilities From Contracts With Customers , which applies the principles of ASC 606, Revenue from Contracts with Customers , rather than a fair value basis under ASC 805, Business Combinations , in the recognition of contract assets and contract liabilities acquired in a business combination. The ASU addresses the following inconsistencies: (1) measurement of contract liability or deferred revenue at fair value that is typically lower than carrying value, reducing post-acquisition revenues; and (2) timing of contractual payments affecting the fair value of deferred revenue and the amount of post-acquisition revenue in otherwise similar contracts. Under the new guidance, an acquirer records a contract asset or contract liability as if it had originated the acquired revenue contract, which requires the acquirer to evaluate performance obligations, transaction price and relative stand-alone selling price at the original contract inception date or subsequent modification dates. This will generally result in the recognition and measurement of a contract asset and contract liability that will likely be more comparable to the books of the acquiree at acquisition date. In circumstances where an acquirer is unable to assess or rely on the acquiree's accounting under ASC 606, the ASU provides a practical expedient that allows an acquirer to determine the stand-alone selling price of each performance obligation in the contract as of acquisition date, instead of contract inception date, for purposes of allocating the transaction price. The amendments also apply to contract assets and contract liabilities from other contracts to which the provisions of ASC 606 apply, such as contracts within the scope of ASC 610-20, Other Income—Gains and Losses from Derecognition of Nonfinancial Assets, but the amendments do not affect the accounting for other assets or liabilities that may arise from acquired customer contracts such as refund liabilities that do not meet the definition of contract liabilities and continue to be recorded at fair value. The ASU is effective January 1, 2023 and is to be applied prospectively. Early adoption is permitted with retrospective application to all business combinations that occurred during the fiscal year of early adoption.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Property, Plant and Equipment	Real estate held for investment, other than land, are depreciated on a straight-line basis over the estimated useful lives of the assets, as follows: Real Estate Assets Term Site improvements 5 to 40 years Building 5 to 50 years Building improvements 5 to 40 years Tenant improvements Lesser of useful life or remaining term of lease Data center infrastructure 10 to 20 years Furniture, fixtures and equipment 1 to 8 years

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2021
Business Combination and Asset Acquisition [Abstract]
Summary of Consideration and Allocation to Assets Acquired and Liabilities Assumed	The following table summarizes the consideration and allocation to assets acquired, liabilities assumed and noncontrolling interests at acquisition. Consideration for asset acquisitions incorporates capitalized transaction costs, which may include incentive payments to employees for successful closing of the acquisitions. Asset Acquisitions Business Combinations 2021 2020 2019 (In thousands) Vantage SDC Expansion Capacity and Add-On Acquisition Acquisitions by DataBank / zColo US zColo France Vantage SDC zColo US and UK DBH DataBank (1) Consideration Cash $ 505,301 $ 38,500 $ 33,018 $ 1,524,610 $ 1,181,488 $ 181,167 $ 182,731 Deferred consideration — — — — — 35,500 — OP Units issued — — — — — 111,903 2,962 Total consideration for equity interest acquired $ 505,301 $ 38,500 $ 33,018 $ 1,524,610 $ 1,181,488 $ 328,570 $ 185,693 Fair value of equity interest in Digital Colony Manager — — — — — 51,400 — $ 505,301 $ 38,500 $ 33,018 $ 1,524,610 $ 1,181,488 $ 379,970 $ 185,693 Assets acquired and liabilities assumed Cash $ — $ — $ — $ — $ 266 $ — $ 10,366 Real estate 479,587 38,500 26,083 2,720,870 882,327 — 839,053 Assets held for disposition — — — — — — 29,266 Intangible assets 82,603 — 8,702 765,137 303,119 153,300 219,651 Lease right-of-use ("ROU") and other assets — — 9,536 181,260 415,038 13,008 108,896 Debt — — — (2,060,307) — — (539,155) Tax liabilities — — — — — (17,392) (100,759) Intangible, lease and other liabilities (56,889) — (11,303) (82,350) (419,262) (16,194) (120,178) Fair value of net assets acquired $ 505,301 $ 38,500 $ 33,018 $ 1,524,610 $ 1,181,488 132,722 447,140 Noncontrolling interests in investment entities — — — — — — (724,567) Goodwill $ — $ — $ — $ — $ — $ 247,248 $ 463,120 __________ (1) In 2020, adjustments were made to the purchase price allocation of DataBank during its one year measurement period based upon information obtained about facts and circumstances that existed at the time of closing. This includes an $8.8 million decrease to deferred tax liabilities in the fourth quarter of 2020 based upon the final 2019 tax provision for DataBank.

Real Estate (Tables)

Real Estate (Tables)	12 Months Ended
	Dec. 31, 2021
Real Estate [Abstract]
Schedule of Components of Real Estates	The following table summarizes the Company's real estate held for investment in the digital operating segment. Real estate held for disposition is presented in Note 11. (In thousands) December 31, 2021 December 31, 2020 Land $ 206,588 $ 168,145 Buildings and improvements 1,295,204 966,839 Data center infrastructure 3,785,561 3,396,854 Construction in progress 77,014 38,210 5,364,367 4,570,048 Less: Accumulated depreciation (392,083) (118,184) Real estate assets, net $ 4,972,284 $ 4,451,864
Schedule of Components of Property Operating Income	Components of property operating income in the digital operating segment are as follows. This excludes amounts related to discontinued operations (Note 12). Year Ended December 31, (In thousands) 2021 2020 2019 Lease income: Fixed lease income $ 609,005 $ 226,478 $ 3,779 Variable lease income 92,701 38,913 377 701,706 265,391 4,156 Data center service revenue 61,044 47,537 1,882 $ 762,750 $ 312,928 $ 6,038
Future Fixed Lease Income	Year Ending December 31, (In thousands) 2022 $ 555,384 2023 423,557 2024 341,937 2025 295,824 2026 272,651 2027 and thereafter 1,441,452 Total $ 3,330,805

Equity Investments (Tables)

Equity Investments (Tables)	12 Months Ended
	Dec. 31, 2021
Equity Method Investments and Joint Ventures [Abstract]
Investments in Unconsolidated Ventures	The Company's equity investments, excluding investments held for disposition (Note 11), are represented by the following: (In thousands) December 31, 2021 December 31, 2020 Equity method investments BRSP (1) $ 284,985 $ 356,772 Company-sponsored private funds (2) 382,694 173,039 Investments under fair value option (Note 13) — 28,540 Other 5,417 16,160 673,096 574,511 Other equity investments Marketable securities (Note 13) 201,912 218,485 Private funds and non-traded REIT 49,575 — Other 10,570 — $ 935,153 $ 792,996 __________ (1) Excludes approximately 461,000 shares and 3.1 million units in BRSP held by NRF Holdco that are included in assets held for disposition (Note 11), of the Company's aggregate holdings of 38.5 million shares and units in BRSP at December 31, 2021 (47.9 million at December 31, 2020). (2) Includes unrealized carried interest of approximately $112.0 million at December 31, 2021 and $12.7 million at December 31, 2020 in connection with sponsored investment vehicles that are in the early stage of their lifecycle, of which a substantial portion is shared with certain employees.
Equity Method Investments	The following tables present selected combined financial information of the Company's equity method investees, excluding investees classified as held for disposition. Amounts presented represent combined totals at the investee level and not the Company's proportionate share. Selected Combined Balance Sheet Information (In thousands) December 31, 2021 December 31, 2020 Total assets $ 19,383,775 $ 15,994,792 Total liabilities 5,500,143 8,694,771 Owners' equity 13,847,605 6,733,371 Noncontrolling interests 36,027 566,650 Selected Combined Statements of Operations Information Year Ended December 31, (In thousands) 2021 2020 2019 Total revenues $ 264,237 $ 345,053 $ 855,634 Net income (loss) 667,381 (323,058) (956,908) Net income (loss) attributable to noncontrolling interests (3,535) (34,602) (84,296) Net income (loss) attributable to owners 670,916 (288,456) (872,612)

Goodwill, Deferred Leasing Co_2

Goodwill, Deferred Leasing Costs and Other Intangibles (Tables)	12 Months Ended
	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	Goodwill balance by reportable segment at both December 31, 2021 and 2020 is as follows. (In thousands) Digital Investment Management (1) $ 298,248 Digital Operating 463,120 Total goodwill $ 761,368 __________
Schedule of Deferred Leasing Costs and Other Intangibles	Deferred leasing costs and identifiable intangible assets and liabilities, excluding those related to assets held for disposition, are as follows. December 31, 2021 December 31, 2020 (In thousands) Carrying Amount (Net of Impairment) (1) Accumulated Amortization (1) Net Carrying Amount (1) Carrying Amount (Net of Impairment) (1) Accumulated Amortization (1) Net Carrying Amount (1) Deferred Leasing Costs and Intangible Assets Deferred leasing costs and lease-related intangible assets (2) $ 1,148,441 $ (256,987) $ 891,454 $ 1,046,095 $ (81,547) $ 964,548 Investment management intangibles (3) 164,189 (61,435) 102,754 164,188 (35,405) 128,783 Customer relationships and service contracts (4) 218,064 (44,496) 173,568 217,808 (13,546) 204,262 Trade names 26,400 (11,266) 15,134 41,900 (4,713) 37,187 Other (5) 6,818 (2,101) 4,717 6,200 (220) 5,980 Total deferred leasing costs and intangible assets $ 1,563,912 $ (376,285) $ 1,187,627 $ 1,476,191 $ (135,431) $ 1,340,760 Intangible Liabilities Lease intangible liabilities (2) $ 44,076 $ (10,775) $ 33,301 $ 44,224 $ (4,436) $ 39,788 __________ (1) Amounts are presented net of impairments and write-offs. (2) Lease intangible assets are composed of in-place leases, above-market leases and tenant relationships. Lease-intangible liabilities are composed of below-market leases. (3) Composed of investment management contracts and investor relationships. (4) In connection with data center services provided in the colocation data center business.
Schedule of Amortization of Intangible Assets and Liabilities	The following table summarizes amortization of deferred leasing costs and finite-lived intangible assets and intangible liabilities, excluding amounts related to discontinued operations (Note 12): Year Ended December 31, (In thousands) 2021 2020 2019 Net decrease to rental income (1) $ (2,471) $ (1,989) $ — Amortization expense Deferred leasing costs and lease-related intangibles $ 165,940 $ 75,099 $ 489 Investment management intangibles 26,028 25,285 9,213 Customer relationships and service contracts 31,040 13,297 1,156 Trade name 22,053 4,503 186 Other 1,882 174 38 $ 246,943 $ 118,358 $ 11,082 __________ (1) Represents the net effect of amortizing above- and below-market leases.
Schedule of Estimated Annual Amortization Expense	The following table presents the future amortization of deferred leasing costs and finite-lived intangible assets and intangible liabilities, excluding those related to assets and liabilities held for disposition. Year Ending December 31, (In thousands) 2022 2023 2024 2025 2026 2027 and thereafter Total Net increase (decrease) to rental income $ (1,363) $ (900) $ (1,043) $ (1,419) $ (1,311) $ 690 $ (5,346) Amortization expense 157,362 137,974 112,619 102,698 97,274 541,053 1,148,980

Restricted Cash, Other Assets_2

Restricted Cash, Other Assets and Other Liabilities (Tables)	12 Months Ended
	Dec. 31, 2021
Restricted Cash, Other Assets And Other Liabilities [Abstract]
Schedule of the Company's Other Assets, Net	The following table summarizes the Company's other assets: (In thousands) December 31, 2021 December 31, 2020 Straight-line rents $ 25,516 $ 8,991 Investment deposits and pending deal costs 22,238 33,802 Prefunded capital expenditures for Vantage SDC 24,293 48,881 Deferred financing costs, net (1) — 1,186 Derivative assets 944 99 Prepaid taxes and deferred tax assets, net 29,347 49,729 Receivables from resolution of investment 10,463 — Operating lease right-of-use asset, net (2) 349,509 363,829 Finance lease right-of-use asset, net 131,909 143,182 Accounts receivable, net (3) 83,878 50,808 Prepaid expenses 20,303 19,897 Other assets 24,835 43,262 Fixed assets, net (4) 17,160 21,246 Total other assets $ 740,395 $ 784,912 __________ (1) Deferred financing costs relate to revolving credit arrangements originated by the Company and its subsidiaries. The Company's corporate credit facility was terminated in July 2021. (2) Net of impairment of $9.4 million at December 31, 2020 for corporate office leases as the Company determined there is a reduced need for office space based upon the Company's current operations and had abandoned certain leased spaces. (3) Includes primarily receivables from tenants and is presented net of immaterial allowance for doubtful accounts, where applicable. (4) Net of accumulated depreciation of $19.2 million in 2021 and $13.5 million in 2020.
Schedule of Accrued and Other Liabilities	The following table summarizes the Company's accrued and other liabilities: (In thousands) December 31, 2021 December 31, 2020 Deferred income (1) $ 37,143 $ 23,870 Interest payable 14,870 13,653 Derivative liabilities — 103,772 Current and deferred income tax liability (Note 19) 2,016 99,470 Operating lease liability 342,510 341,561 Finance lease liability 142,777 148,974 Accrued compensation 64,100 75,666 Accrued carried interest and incentive fee compensation 67,258 1,907 Accrued real estate and other taxes 10,523 6,658 Payable for Vantage SDC expansion capacity (Note 3) 55,896 — Accounts payable and accrued expenses 121,931 120,683 Due to affiliates (Note 18) — 601 Other liabilities 69,018 98,068 Accrued and other liabilities $ 928,042 $ 1,034,883 __________ (1) Represents primarily prepaid rental income, upfront payment received for data center installation services, and deferred investment management fees. Deferred investment management fees of $6.0 million at December 31, 2021 and $6.1 million at December 31, 2020 are expected to be recognized as fee income over a weighted average period of 3.2 years and 1.9 years, respectively.

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2021
Debt Disclosure [Abstract]
Schedule of Debt	The Company's debt balance is composed of the following components, excluding debt related to assets held for disposition that is expected to be assumed by the counterparty upon disposition, which is included in liabilities related to assets held for disposition (Note 11). (In thousands) Securitized Financing Facility Convertible and Exchangeable Senior Notes Investment-Level Secured Debt Total Debt December 31, 2021 Debt at amortized cost Principal $ 300,000 $ 338,739 $ 4,283,983 $ 4,922,722 Premium (discount), net — (3,091) 17,629 14,538 Deferred financing costs (8,606) (1,384) (66,868) (76,858) $ 291,394 $ 334,264 $ 4,234,744 $ 4,860,402 December 31, 2020 Debt at amortized cost Principal $ — $ 531,502 $ 3,424,130 $ 3,955,632 Premium (discount), net — (8,310) 24,544 16,234 Deferred financing costs — (2,670) (38,207) (40,877) $ — $ 520,522 $ 3,410,467 $ 3,930,989 The following table summarizes certain key terms of the Company's debt. Fixed Rate Variable Rate Total ($ in thousands) Outstanding Principal Weighted Average Interest Rate (Per Annum) (1) Weighted Average Years Remaining to Maturity (2) Outstanding Principal Weighted Average Interest Rate (Per Annum) (1) Weighted Average Years Remaining to Maturity (2) Outstanding Principal Weighted Average Interest Rate (Per Annum) (1) Weighted Average Years Remaining to Maturity (2) December 31, 2021 Recourse Secured Fund Fee Revenue Notes (3) $ 300,000 3.93 % 4.7 $ — N/A N/A $ 300,000 3.93 % 4.7 Convertible and exchangeable senior notes (4) 338,739 5.31 % 2.2 — N/A N/A 338,739 5.31 % 2.2 638,739 — 638,739 Non-recourse Investment-Level Secured Debt Digital Operating 3,646,466 2.44 % 4.1 571,017 5.74 % 4.0 4,217,483 2.88 % 4.1 Other — N/A N/A 66,500 1.31 % 1.6 66,500 1.31 % 1.6 3,646,466 637,517 4,283,983 $ 4,285,205 $ 637,517 $ 4,922,722 December 31, 2020 Recourse Convertible and exchangeable senior notes (4) $ 531,502 5.36 % 3.4 $ — N/A N/A $ 531,502 5.36 % 3.4 Secured debt (5) 32,815 5.02 % — — N/A N/A 32,815 5.02 % — 564,317 — 564,317 Non-recourse Investment-Level Secured Debt Digital Operating 2,132,852 2.54 % 4.8 1,093,991 5.92 % 4.4 3,226,843 3.69 % 4.7 Other — N/A N/A 164,472 3.85 % 0.1 164,472 3.85 % 0.1 2,132,852 1,258,463 3,391,315 $ 2,697,169 $ 1,258,463 $ 3,955,632 __________ (1) Calculated based upon outstanding debt principal at balance sheet date. For variable rate debt, weighted average interest rate is calculated based upon the applicable index plus spread at balance sheet date. (2) Calculated based upon anticipated repayment dates for notes issued under securitization financing; otherwise based upon initial maturity dates, or extended maturity dates if extension criteria are met for extensions that are at the Company's option. (3) Represent obligations of special-purpose subsidiaries of the OP as co-issuers and certain other special-purpose subsidiaries of DBRG, and secured by assets of these special-purpose subsidiaries, as further described below. DBRG and the OP are not guarantors to the debt. (4) Excludes the 5.375% exchangeable senior notes issued by NRF Holdco as they are classified as held for disposition (Note 11).
Convertible Senior Notes Issued	Convertible and exchangeable senior notes (collectively, the senior notes) are composed of the following, each representing senior unsecured obligations of DigitalBridge Group, Inc. or a subsidiary as the respective issuers of the senior notes: Description Issuance Date Due Date Interest Rate (per annum) Conversion or Exchange Price (per share of common stock) Conversion or Exchange Ratio (in shares) (1) Conversion or Exchange Shares (in thousands) Earliest Redemption Date Outstanding Principal December 31, 2021 December 31, 2020 Issued by DigitalBridge Group, Inc. 5.00% Convertible Senior Notes April 2013 April 15, 2023 5.00 % $ 15.76 63.4700 12,694 April 22, 2020 $ 200,000 $ 200,000 3.875% Convertible Senior Notes January and June 2014 January 15, 2021 3.875 % 16.57 60.3431 1,901 January 22, 2019 — 31,502 Issued by DigitalBridge Operating Company, LLC 5.75% Exchangeable Senior Notes July 2020 July 15, 2025 5.750 % 2.30 434.7826 60,321 July 21, 2023 138,739 300,000 $ 338,739 $ 531,502 __________
Future Minimum Principal Payments	The following table summarizes future scheduled minimum principal payments of debt at December 31, 2021, excluding debt classified as held for disposition (Note 11). Future debt principal payments are presented based upon anticipated repayment dates for notes issued under securitization financing, otherwise based upon initial maturity dates or extended maturity dates if extension criteria are met at December 31, 2021 for extensions that are at the Company's option. Year Ending December 31, (In thousands) 2022 2023 2024 2025 2026 2027 and thereafter Total Secured fund fee revenue notes $ — $ — $ — $ — $ 300,000 $ — $ 300,000 Convertible and exchangeable senior notes — 200,000 — 138,739 — — 338,739 Investment-level secured debt Digital Operating 6,230 228,793 616,503 1,146,267 1,619,690 600,000 4,217,483 Other — 66,500 — — — — 66,500 Total $ 6,230 $ 495,293 $ 616,503 $ 1,285,006 $ 1,919,690 $ 600,000 $ 4,922,722

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2021
Equity [Abstract]
Activity of Preferred and Common Stock	The table below summarizes the share activities of the Company's preferred and common stock. Number of Shares (In thousands) Preferred Stock Class A Common Stock Class B Common Stock Shares outstanding at December 31, 2018 57,464 483,347 734 Redemption of preferred stock (16,114) — — Shares issued upon redemption of OP Units — 188 — Repurchase of common stock — (652) — Equity-based compensation, net of forfeitures — 4,850 — Shares canceled for tax withholding on vested stock awards — (689) — Shares outstanding at December 31, 2019 41,350 487,044 734 Shares issued upon redemption of OP Units — 2,184 — Repurchase of common stock, net (1) — (12,733) — Equity awards issued, net of forfeitures — 9,680 — Shares canceled for tax withholding on vested equity awards — (2,769) — Shares outstanding at December 31, 2020 41,350 483,406 734 Redemption of preferred stock (6,010) — — Exchange of notes for class A common stock — 73,365 — Shares issued upon redemption of OP Units — 2,005 — Conversion of class B to class A common stock — 68 (68) Shares issued pursuant to settlement liability (1) — 5,954 — Equity awards issued, net of forfeitures — 6,575 — Shares canceled for tax withholding on vested equity awards — (2,796) — Shares outstanding at December 31, 2021 35,340 568,577 666 __________ (1) Shares repurchased in 2020 are presented net of reissuance of 964,160 shares of class A common stock in connection with a settlement liability. In 2021, the liability was settled through the reissuance of some of the repurchased shares that were held in a subsidiary (Note 13). Shares repurchased and not reissued were cancelled. The table below summarizes the preferred stock issued and outstanding at December 31, 2021: Description Dividend Rate Per Annum Initial Issuance Date Shares Outstanding (in thousands) Par Value (in thousands) Liquidation Preference (in thousands) Earliest Redemption Date Series H 7.125 % April 2015 8,940 $ 89 $ 223,500 Currently redeemable Series I 7.15 % June 2017 13,800 138 345,000 June 5, 2022 Series J 7.125 % September 2017 12,600 126 315,000 September 22, 2022 35,340 $ 353 $ 883,500
Components of Accumulated Other Comprehensive Income (Loss) Attributable to Stockholders	The following tables present the changes in each component of AOCI attributable to stockholders and noncontrolling interests in investment entities, net of immaterial tax effect. AOCI attributable to noncontrolling interests in Operating Company is immaterial. Changes in Components of AOCI—Stockholders (In thousands) Company's Share in AOCI of Equity Method Investments Unrealized Gain (Loss) on AFS Debt Securities Unrealized Gain (Loss) on Cash Flow Hedges Foreign Currency Translation Gain (Loss) Unrealized Gain (Loss) on Net Investment Hedges Total AOCI at December 31, 2018 $ 3,629 $ (3,175) $ (91) $ 6,618 $ 7,018 $ 13,999 Other comprehensive income (loss) before reclassifications 9,206 (4,358) (2,563) (5,398) 24,945 21,832 Amounts reclassified from AOCI (3,554) 15,356 2,428 (1,081) (1,312) 11,837 AOCI at December 31, 2019 $ 9,281 $ 7,823 $ (226) $ 139 $ 30,651 $ 47,668 Other comprehensive income (loss) before reclassifications 8,437 1,844 (7) 52,468 16,008 78,750 Amounts reclassified from AOCI — (3,595) — 225 (925) (4,295) AOCI at December 31, 2020 $ 17,718 $ 6,072 $ (233) $ 52,832 $ 45,734 $ 122,123 Other comprehensive income (loss) before reclassifications (12,386) (211) — (35,001) 1,731 (45,867) Amounts reclassified from AOCI (2,998) — 233 10,153 (39,779) (32,391) Deconsolidation of investment entities — — — (1,482) — $ (1,482) AOCI at December 31, 2021 $ 2,334 $ 5,861 $ — $ 26,502 $ 7,686 $ 42,383 Changes in Components of AOCI—Noncontrolling Interests in Investment Entities (In thousands) Unrealized Gain (Loss) on Cash Flow Hedges Foreign Currency Translation Gain (Loss) Unrealized Gain (Loss) on Net Investment Hedges Total AOCI at December 31, 2018 $ (390) $ (600) $ 9,644 $ 8,654 Other comprehensive income (loss) before reclassifications (5,943) (16,848) (1,291) (24,082) Amounts reclassified from AOCI 5,328 (465) 2,306 7,169 AOCI at December 31, 2019 $ (1,005) $ (17,913) $ 10,659 $ (8,259) Other comprehensive income (loss) before reclassifications (25) 101,853 5,313 107,141 Amounts reclassified from AOCI — (95) (873) (968) AOCI at December 31, 2020 $ (1,030) $ 83,845 $ 15,099 $ 97,914 Other comprehensive loss before reclassifications — (65,127) — (65,127) Amounts reclassified from AOCI 1,030 (1,364) (15,099) (15,433) Deconsolidation of investment entities — (6,297) — (6,297) AOCI at December 31, 2021 $ — $ 11,057 $ — $ 11,057
Reclassification out of Accumulated Other Comprehensive Income	Information about amounts reclassified out of AOCI attributable to stockholders by component is presented below. Such amounts are included in other gain (loss) in both continuing and discontinued operations on the statements of operations, as applicable, except for amounts related to equity method investments, which are included in equity method losses in discontinued operations. (In thousands) Year Ended December 31, Affected Line Item in the Component of AOCI reclassified into earnings 2021 2020 2019 Relief of basis of AFS debt securities $ — $ 3,595 $ — Other gain (loss), net Other-than-temporary impairment of AFS debt securities (prior to 2020) — — (15,356) Other gain (loss), net Release of foreign currency cumulative translation adjustments (10,153) (225) 1,081 Other gain (loss), net Unrealized gain on dedesignated net investment hedges — 552 (340) Other gain (loss), net Realized gain on net investment hedges 39,779 373 1,652 Other gain (loss), net Realized loss on cash flow hedges (233) — — Other gain (loss), net Deconsolidation of investment entities 1,482 — — Other gain (loss), net Release of equity in AOCI of equity method investments 2,998 — 3,554 Equity method earnings (losses)

Noncontrolling Interests (Table

Noncontrolling Interests (Tables)	12 Months Ended
	Dec. 31, 2021
Noncontrolling Interest [Abstract]
Redeemable Noncontrolling Interest	The following table presents the activity in redeemable noncontrolling interests in the Company's digital investment management business, as discussed below, and in open-end funds sponsored and consolidated by the Company. Year Ended December 31, (In thousands) 2021 2020 2019 Redeemable noncontrolling interests Beginning balance $ 305,278 $ 6,107 $ 9,385 Contributions 42,514 307,414 — Distributions and redemptions (23,246) (8,859) (5,837) Net income 34,677 616 2,559 Ending balance $ 359,223 $ 305,278 $ 6,107

Assets and Related Liabilitie_2

Assets and Related Liabilities Held For Disposition (Tables)	12 Months Ended
	Dec. 31, 2021
Discontinued Operations and Disposal Groups [Abstract]
Disclosure of Long Lived Assets and Liabilities Held-for-sale	Total assets and related liabilities held for disposition are summarized below, all of which relate to discontinued operations (Note 12). These assets and liabilities are composed of: (i) those held by NRF Holdco, predominantly related to Wellness Infrastructure assets and obligations, which were subsequently disposed in February 2022; (ii) prior to disposition in December 2021, OED investments and intangible assets of the Other IM business, both of which previously resided in the Other segment; and (iii) prior to disposition in March 2021, the Company's hotel business, with the remaining hotel portfolio that was in receivership sold by the lender in September 2021. (In thousands) December 31, 2021 December 31, 2020 Assets Restricted cash $ 65,022 $ 191,692 Real estate, net 3,079,416 8,179,025 Loans receivable 55,878 1,258,539 Equity and debt investments 250,246 944,483 Goodwill, deferred leasing costs and other intangible assets, net 118,300 275,954 Other assets 100,720 327,309 Due from affiliates 7,033 60,317 Total assets held for disposition $ 3,676,615 $ 11,237,319 Liabilities Debt, net (1) $ 2,869,360 $ 7,352,828 Lease intangibles and other liabilities 219,339 533,688 Total liabilities related to assets held for disposition $ 3,088,699 $ 7,886,516 __________
Available-for-sale Securities	The balance of N-Star CDO bonds, classified as Level 3 fair value, is summarized as follows. Amortized Cost without Allowance for Credit Loss Allowance for Credit Loss Gross Cumulative Unrealized (in thousands) Gains Losses Fair Value December 31, 2021 $ 55,041 $ (24,882) $ 6,372 $ — $ 36,531 December 31, 2020 46,561 (24,688) 6,703 — 28,576
Summary of Changes in Recurring Level 3 Fair Value	The following table presents changes in recurring Level 3 fair value assets held for disposition. Realized and unrealized gains (losses) are included in AOCI for AFS debt securities, other gain (loss) for loans receivable and equity method losses for equity method investments, all of which were presented in discontinued operations (Note 12). Fair Value Option (In thousands) AFS Debt Securities Held for Disposition Loans Held for Disposition Equity Method Investments Held for Disposition Fair value at December 31, 2019 $ 54,859 $ — $ 197,875 Election of fair value option on January 1, 2020 — 1,556,131 — Reclassification of accrued interest on January 1, 2020 — 13,504 — Purchases, drawdowns, contributions and accretion 4,043 159,019 6,539 Paydowns, distributions and sales (5,784) (274,100) (967) Change in accrued interest and capitalization of paid-in-kind interest — 32,630 — Allowance for credit losses (24,688) — — Realized and unrealized losses in earnings, net — (299,405) (62,413) Other comprehensive income (loss) (1) 146 70,760 12,225 Fair value at December 31, 2020 $ 28,576 $ 1,258,539 $ 153,259 Net unrealized gains (losses) on instruments held at December 31, 2020 In earnings $ — $ (282,801) $ (62,413) In other comprehensive loss $ 146 N/A N/A Fair value at December 31, 2020 $ 28,576 $ 1,258,539 $ 153,259 Purchases, drawdowns, contributions and accretion 10,049 19,070 8 Paydowns, distributions and sales (1,569) (440,646) (12,594) Change in accrued interest and capitalization of paid-in-kind interest — 5,801 — Allowance for credit losses (194) — — Realized and unrealized losses in earnings, net — (92,701) (29,961) Deconsolidation of investment entities (Note 22 ) — (647,218) (27,402) Other — (7,088) — Other comprehensive loss (1) (331) (39,879) (4,001) Fair value at December 31, 2021 $ 36,531 $ 55,878 $ 79,309 Net unrealized gains (losses) on instruments held at December 31, 2021 In earnings $ — $ — $ (28,216) In other comprehensive loss $ (331) N/A N/A __________ (1) Amounts recorded in OCI for loans receivable and equity method investments represent foreign currency translation differences on the Company's foreign subsidiaries that hold the respective foreign currency denominated investments. The following table presents changes in recurring Level 3 fair value assets held for investment. Realized and unrealized gains (losses) are included in other gain (loss) for loans receivable and equity method earnings (losses) for equity method investments. Fair Value Option (In thousands) Loans Held for Investment Equity Method Investments Fair value at December 31, 2019 $ — $ 25,000 Purchases, originations, drawdowns and contributions 36,395 — Change in accrued interest and capitalization of paid-in-kind interest 403 — Realized and unrealized gain in earnings, net — 3,540 Fair value at December 31, 2020 $ 36,798 $ 28,540 Net unrealized losses in earnings on instruments held at December 31, 2020 $ — $ 3,540 Fair value at December 31, 2020 $ 36,798 $ 28,540 Purchases, originations, drawdowns and contributions 61,026 — Paydowns, distributions and sales (16,470) (9,174) Change in accrued interest and capitalization of paid-in-kind interest 1,761 — Change in accounting treatment for equity interest — (27,626) Realized and unrealized gain in earnings, net (185) 8,260 Fair value at December 31, 2021 $ 82,930 $ — Net unrealized losses in earnings on instruments held at December 31, 2021 $ (1,114) $ —
Summary of Changes in Recurring Level 3 Fair Values	The following table presents changes in recurring Level 3 fair value assets held for disposition. Realized and unrealized gains (losses) are included in AOCI for AFS debt securities, other gain (loss) for loans receivable and equity method losses for equity method investments, all of which were presented in discontinued operations (Note 12). Fair Value Option (In thousands) AFS Debt Securities Held for Disposition Loans Held for Disposition Equity Method Investments Held for Disposition Fair value at December 31, 2019 $ 54,859 $ — $ 197,875 Election of fair value option on January 1, 2020 — 1,556,131 — Reclassification of accrued interest on January 1, 2020 — 13,504 — Purchases, drawdowns, contributions and accretion 4,043 159,019 6,539 Paydowns, distributions and sales (5,784) (274,100) (967) Change in accrued interest and capitalization of paid-in-kind interest — 32,630 — Allowance for credit losses (24,688) — — Realized and unrealized losses in earnings, net — (299,405) (62,413) Other comprehensive income (loss) (1) 146 70,760 12,225 Fair value at December 31, 2020 $ 28,576 $ 1,258,539 $ 153,259 Net unrealized gains (losses) on instruments held at December 31, 2020 In earnings $ — $ (282,801) $ (62,413) In other comprehensive loss $ 146 N/A N/A Fair value at December 31, 2020 $ 28,576 $ 1,258,539 $ 153,259 Purchases, drawdowns, contributions and accretion 10,049 19,070 8 Paydowns, distributions and sales (1,569) (440,646) (12,594) Change in accrued interest and capitalization of paid-in-kind interest — 5,801 — Allowance for credit losses (194) — — Realized and unrealized losses in earnings, net — (92,701) (29,961) Deconsolidation of investment entities (Note 22 ) — (647,218) (27,402) Other — (7,088) — Other comprehensive loss (1) (331) (39,879) (4,001) Fair value at December 31, 2021 $ 36,531 $ 55,878 $ 79,309 Net unrealized gains (losses) on instruments held at December 31, 2021 In earnings $ — $ — $ (28,216) In other comprehensive loss $ (331) N/A N/A __________ (1) Amounts recorded in OCI for loans receivable and equity method investments represent foreign currency translation differences on the Company's foreign subsidiaries that hold the respective foreign currency denominated investments. The following table presents changes in recurring Level 3 fair value assets held for investment. Realized and unrealized gains (losses) are included in other gain (loss) for loans receivable and equity method earnings (losses) for equity method investments. Fair Value Option (In thousands) Loans Held for Investment Equity Method Investments Fair value at December 31, 2019 $ — $ 25,000 Purchases, originations, drawdowns and contributions 36,395 — Change in accrued interest and capitalization of paid-in-kind interest 403 — Realized and unrealized gain in earnings, net — 3,540 Fair value at December 31, 2020 $ 36,798 $ 28,540 Net unrealized losses in earnings on instruments held at December 31, 2020 $ — $ 3,540 Fair value at December 31, 2020 $ 36,798 $ 28,540 Purchases, originations, drawdowns and contributions 61,026 — Paydowns, distributions and sales (16,470) (9,174) Change in accrued interest and capitalization of paid-in-kind interest 1,761 — Change in accounting treatment for equity interest — (27,626) Realized and unrealized gain in earnings, net (185) 8,260 Fair value at December 31, 2021 $ 82,930 $ — Net unrealized losses in earnings on instruments held at December 31, 2021 $ (1,114) $ —

Discontinued Operations (Tables

Discontinued Operations (Tables)	12 Months Ended
	Dec. 31, 2021
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Discontinued Operations, Net Income (Loss)	Income (loss) from discontinued operations is presented below. Year Ended December 31, (In thousands) 2021 2020 2019 Revenues Property operating income $ 737,282 $ 1,217,236 $ 2,196,799 Interest income 19,143 73,345 164,445 Fee income 58,197 94,399 202,038 Other income 29,037 29,450 65,276 Revenues from discontinued operations 843,659 1,414,430 2,628,558 Expenses Property operating expense 462,896 799,850 1,182,150 Interest expense 256,567 353,577 586,181 Transaction-related costs and investment expense 38,820 70,993 67,394 Depreciation and amortization 96,860 337,262 578,011 Provision for loan losses — — 35,880 Impairment loss 317,405 2,556,051 1,145,794 Compensation and administrative expense 109,620 100,011 243,970 Expenses from discontinued operations 1,282,168 4,217,744 3,839,380 Other income (loss) Gain on sale of real estate 49,429 41,922 1,520,808 Other gain (loss), net 72,617 (194,860) (16,054) Equity method earnings (losses) (233,725) (203,399) 129,709 Income (loss) from discontinued operations before income taxes (550,188) (3,159,651) 423,641 Income tax expense (49,900) (39,671) (23,068) Income (loss) from discontinued operations (600,088) (3,199,322) 400,573 Income (loss) from discontinued operations attributable to: Noncontrolling interests in investment entities (337,685) (712,771) 990,985 Noncontrolling interests in Operating Company (24,945) (246,540) (49,748) Loss from discontinued operations attributable to DigitalBridge Group, Inc. $ (237,458) $ (2,240,011) $ (540,664)

Fair Value (Tables)

Fair Value (Tables)	12 Months Ended
	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Schedule of Realized and Unrealized Gains and Losses on Derivatives Not Designated as Hedges	Realized and unrealized gains and losses on derivative instruments are recorded in other gain (loss) on the consolidated statement of operations, other than interest expense, as follows: Year Ended December 31, (In thousands) 2021 2020 2019 Foreign currency contracts: Designated contracts Realized gain transferred from AOCI to earnings $ 58,727 $ 414 $ 1,790 Unrealized gain (loss) transferred from AOCI to earnings (1) — 1,485 (2,693) Non-designated contracts Unrealized gain (loss) in earnings 889 (2,727) — Interest rate contracts: Designated contracts Interest expense (2) 20 24 — Realized gain (loss) transferred from AOCI to earnings (1,328) — 8,019 Non-designated contracts Realized and unrealized loss in earnings (3) (213) (209) (242,898) __________ (1) The portion of derivative notional that is in excess of the beginning balance of the foreign denominated net investment is dedesignated upon a reassessment of the effectiveness of net investment hedges at period end. (2) Represents amortization of the cost of designated interest rate caps to interest expense based upon expected hedged interest payments on variable rate debt. (3) Includes unrealized loss of $239.3 million in 2019 on a $2.0 billion notional forward starting swap that was settled at the end of 2019.
Summary of Changes in Recurring Level 3 Fair Value	The following table presents changes in recurring Level 3 fair value assets held for disposition. Realized and unrealized gains (losses) are included in AOCI for AFS debt securities, other gain (loss) for loans receivable and equity method losses for equity method investments, all of which were presented in discontinued operations (Note 12). Fair Value Option (In thousands) AFS Debt Securities Held for Disposition Loans Held for Disposition Equity Method Investments Held for Disposition Fair value at December 31, 2019 $ 54,859 $ — $ 197,875 Election of fair value option on January 1, 2020 — 1,556,131 — Reclassification of accrued interest on January 1, 2020 — 13,504 — Purchases, drawdowns, contributions and accretion 4,043 159,019 6,539 Paydowns, distributions and sales (5,784) (274,100) (967) Change in accrued interest and capitalization of paid-in-kind interest — 32,630 — Allowance for credit losses (24,688) — — Realized and unrealized losses in earnings, net — (299,405) (62,413) Other comprehensive income (loss) (1) 146 70,760 12,225 Fair value at December 31, 2020 $ 28,576 $ 1,258,539 $ 153,259 Net unrealized gains (losses) on instruments held at December 31, 2020 In earnings $ — $ (282,801) $ (62,413) In other comprehensive loss $ 146 N/A N/A Fair value at December 31, 2020 $ 28,576 $ 1,258,539 $ 153,259 Purchases, drawdowns, contributions and accretion 10,049 19,070 8 Paydowns, distributions and sales (1,569) (440,646) (12,594) Change in accrued interest and capitalization of paid-in-kind interest — 5,801 — Allowance for credit losses (194) — — Realized and unrealized losses in earnings, net — (92,701) (29,961) Deconsolidation of investment entities (Note 22 ) — (647,218) (27,402) Other — (7,088) — Other comprehensive loss (1) (331) (39,879) (4,001) Fair value at December 31, 2021 $ 36,531 $ 55,878 $ 79,309 Net unrealized gains (losses) on instruments held at December 31, 2021 In earnings $ — $ — $ (28,216) In other comprehensive loss $ (331) N/A N/A __________ (1) Amounts recorded in OCI for loans receivable and equity method investments represent foreign currency translation differences on the Company's foreign subsidiaries that hold the respective foreign currency denominated investments. The following table presents changes in recurring Level 3 fair value assets held for investment. Realized and unrealized gains (losses) are included in other gain (loss) for loans receivable and equity method earnings (losses) for equity method investments. Fair Value Option (In thousands) Loans Held for Investment Equity Method Investments Fair value at December 31, 2019 $ — $ 25,000 Purchases, originations, drawdowns and contributions 36,395 — Change in accrued interest and capitalization of paid-in-kind interest 403 — Realized and unrealized gain in earnings, net — 3,540 Fair value at December 31, 2020 $ 36,798 $ 28,540 Net unrealized losses in earnings on instruments held at December 31, 2020 $ — $ 3,540 Fair value at December 31, 2020 $ 36,798 $ 28,540 Purchases, originations, drawdowns and contributions 61,026 — Paydowns, distributions and sales (16,470) (9,174) Change in accrued interest and capitalization of paid-in-kind interest 1,761 — Change in accounting treatment for equity interest — (27,626) Realized and unrealized gain in earnings, net (185) 8,260 Fair value at December 31, 2021 $ 82,930 $ — Net unrealized losses in earnings on instruments held at December 31, 2021 $ (1,114) $ —
Summary of Changes in Recurring Level 3 Fair Values	The following table presents changes in recurring Level 3 fair value assets held for disposition. Realized and unrealized gains (losses) are included in AOCI for AFS debt securities, other gain (loss) for loans receivable and equity method losses for equity method investments, all of which were presented in discontinued operations (Note 12). Fair Value Option (In thousands) AFS Debt Securities Held for Disposition Loans Held for Disposition Equity Method Investments Held for Disposition Fair value at December 31, 2019 $ 54,859 $ — $ 197,875 Election of fair value option on January 1, 2020 — 1,556,131 — Reclassification of accrued interest on January 1, 2020 — 13,504 — Purchases, drawdowns, contributions and accretion 4,043 159,019 6,539 Paydowns, distributions and sales (5,784) (274,100) (967) Change in accrued interest and capitalization of paid-in-kind interest — 32,630 — Allowance for credit losses (24,688) — — Realized and unrealized losses in earnings, net — (299,405) (62,413) Other comprehensive income (loss) (1) 146 70,760 12,225 Fair value at December 31, 2020 $ 28,576 $ 1,258,539 $ 153,259 Net unrealized gains (losses) on instruments held at December 31, 2020 In earnings $ — $ (282,801) $ (62,413) In other comprehensive loss $ 146 N/A N/A Fair value at December 31, 2020 $ 28,576 $ 1,258,539 $ 153,259 Purchases, drawdowns, contributions and accretion 10,049 19,070 8 Paydowns, distributions and sales (1,569) (440,646) (12,594) Change in accrued interest and capitalization of paid-in-kind interest — 5,801 — Allowance for credit losses (194) — — Realized and unrealized losses in earnings, net — (92,701) (29,961) Deconsolidation of investment entities (Note 22 ) — (647,218) (27,402) Other — (7,088) — Other comprehensive loss (1) (331) (39,879) (4,001) Fair value at December 31, 2021 $ 36,531 $ 55,878 $ 79,309 Net unrealized gains (losses) on instruments held at December 31, 2021 In earnings $ — $ — $ (28,216) In other comprehensive loss $ (331) N/A N/A __________ (1) Amounts recorded in OCI for loans receivable and equity method investments represent foreign currency translation differences on the Company's foreign subsidiaries that hold the respective foreign currency denominated investments. The following table presents changes in recurring Level 3 fair value assets held for investment. Realized and unrealized gains (losses) are included in other gain (loss) for loans receivable and equity method earnings (losses) for equity method investments. Fair Value Option (In thousands) Loans Held for Investment Equity Method Investments Fair value at December 31, 2019 $ — $ 25,000 Purchases, originations, drawdowns and contributions 36,395 — Change in accrued interest and capitalization of paid-in-kind interest 403 — Realized and unrealized gain in earnings, net — 3,540 Fair value at December 31, 2020 $ 36,798 $ 28,540 Net unrealized losses in earnings on instruments held at December 31, 2020 $ — $ 3,540 Fair value at December 31, 2020 $ 36,798 $ 28,540 Purchases, originations, drawdowns and contributions 61,026 — Paydowns, distributions and sales (16,470) (9,174) Change in accrued interest and capitalization of paid-in-kind interest 1,761 — Change in accounting treatment for equity interest — (27,626) Realized and unrealized gain in earnings, net (185) 8,260 Fair value at December 31, 2021 $ 82,930 $ — Net unrealized losses in earnings on instruments held at December 31, 2021 $ (1,114) $ —
Summary of Fair Value Information on Financial Instruments Reported at Cost	Fair value of financial instruments reported at amortized cost, excluding those held for disposition, are presented below. Fair Value Measurements Carrying Value (In thousands) Level 1 Level 2 Level 3 Total December 31, 2021 Liabilities Debt at amortized cost Secured fund fee revenue notes $ — $ — $ 291,394 $ 291,394 $ 291,394 Convertible and exchangeable senior notes 716,970 — — 716,970 334,264 Investment-level secured debt — 3,598,655 655,270 4,253,925 4,234,744 December 31, 2020 Liabilities Debt at amortized cost Convertible and exchangeable senior notes $ 898,231 $ — $ — $ 898,231 $ 520,522 Investment-level secured debt — — 3,407,175 3,407,175 3,410,467

Earnings per Share (Tables)

Earnings per Share (Tables)	12 Months Ended
	Dec. 31, 2021
Earnings Per Share [Abstract]
Earnings Per Share Reconciliation	The following table provides the basic and diluted earnings per common share computations: Year Ended December 31, (In thousands, except per share data) 2021 2020 2019 Net loss allocated to common stockholders Loss from continuing operations $ (216,823) $ (591,088) $ (549,488) Loss from continuing operations attributable to noncontrolling interests 144,184 155,340 41,345 Loss from continuing operations attributable to DigitalBridge Group, Inc. (72,639) (435,748) (508,143) Loss from discontinued operations attributable to DigitalBridge Group, Inc. (237,458) (2,240,011) (540,664) Preferred stock redemption (4,992) — 5,150 Preferred dividends (70,627) (75,023) (108,550) Net loss attributable to common stockholders (385,716) (2,750,782) (1,152,207) Net income allocated to participating securities — (1,250) (3,491) Net loss allocated to common stockholders—basic (385,716) (2,752,032) (1,155,698) Interest expense attributable to convertible and exchangeable notes (1) — — — Net loss allocated to common stockholders—diluted $ (385,716) $ (2,752,032) $ (1,155,698) Weighted average common shares outstanding Weighted average number of common shares outstanding—basic 491,456 473,558 479,588 Weighted average effect of dilutive shares (1)(2)(3) — — — Weighted average number of common shares outstanding—diluted 491,456 473,558 479,588 Loss per share—basic Loss from continuing operations $ (0.30) $ (1.08) $ (1.28) Loss from discontinued operations (0.48) (4.73) (1.13) Net loss attributable to common stockholders per common share—basic $ (0.78) $ (5.81) $ (2.41) Loss per share—diluted Loss from continuing operations $ (0.30) $ (1.08) $ (1.28) Loss from discontinued operations (0.48) (4.73) (1.13) Net loss attributable to common stockholders per common share—diluted $ (0.78) $ (5.81) $ (2.41) __________ (1) With respect to the assumed conversion or exchange of the Company's outstanding senior notes, the following are excluded from the calculation of diluted earnings per share as their inclusion would be antidilutive: (a) for the years ended December 31, 2021, 2020 and 2019, the effect of adding back $54.7 million, $29.9 million and $28.2 million of interest expense, respectively, and 135,396,500, 87,478,400 and 38,112,100 of weighted average dilutive common share equivalents, respectively. (2) The calculation of diluted earnings per share excludes the effect of the following as their inclusion would be antidilutive: (a) class A common shares that are contingently issuable in relation to performance stock units (Note 17) with weighted average shares of 10,850,800, 5,776,800 and 990,700 for the years ended December 31, 2021, 2020 and 2019, respectively; and (b) class A common shares that are issuable to net settle the exercise of warrants (Note 10) with weighted average shares of 10,637,600 and 862,200 for the years ended December 31, 2021 and 2020, respectively. There were no warrants outstanding in 2019. (3) OP Units may be redeemed for registered or unregistered class A common stock on a one-for-one basis and are not dilutive. At December 31, 2021, 2020 and 2019, 50,455,100, 51,076,700 and 53,261,100 of OP Units, respectively, were not included in the computation of diluted earnings per share in the respective periods presented.

Fee Income (Tables)

Fee Income (Tables)	12 Months Ended
	Dec. 31, 2021
Other Income and Expenses [Abstract]
Schedule of Asset Management and Other Fees	The following table presents the Company's fee income by type, excluding amounts classified as discontinued operations (Note 12): Year Ended December 31, (In thousands) 2021 2020 2019 Management fees $ 168,618 $ 78,421 $ 31,757 Incentive fees 7,174 35 — Other fees 5,034 4,899 1,766 Total fee income—affiliates $ 180,826 $ 83,355 $ 33,523

Equity-Based Compensation (Tabl

Equity-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2021
Share-based Payment Arrangement [Abstract]
Components of Share-Based Compensation	Fair value of PSUs, including dividend equivalent rights, was determined using a Monte Carlo simulation under a risk-neutral premise, with the following assumptions: 2021 PSU Grants 2020 PSU Grants 2019 PSU Grants Expected volatility of the Company's class A common stock (1) 35.4% 34.1% 26.2% Expected annual dividend yield (2) 0.0% 9.3% 8.5% - 8.7% Risk-free rate (per annum) (3) 0.3% 0.4% 2.2% - 2.4% __________ (1) Based upon the historical volatility of the Company's stock and those of a specified peer group. (2) Based upon the Company's expected annualized dividends. Expected dividend yield is zero for the 2021 PSU award as the Company suspended common dividends beginning with the second quarter of 2020. (3) Based upon the continuously compounded zero-coupon U.S. Treasury yield for the term coinciding with the remaining measurement period of the award as of valuation date. The following assumptions were applied in the Monte Carlo model under a risk-neutral premise: 2020 LTIP Grant 2019 LTIP Grant (1) Expected volatility of the Company's class A common stock (2) 43.1% 28.3% Expected dividend yield (3) 0.0% 8.1% Risk-free rate (per annum) (4) 0.2% 1.8% __________ (1) Represents 10 million LTIP units granted to Marc Ganzi in connection with the Company's acquisition of Digital Bridge Holdings, LLC in July 2019, with vesting based upon achievement of the Company's class A common stock price closing at or above $10 over any 90 consecutive trading days prior to the fifth anniversary of the grant date. (2) Based upon historical volatility of the Company's stock and those of a specified peer group. (3) Based upon the Company's most recently issued dividend prior to grant date and closing price of the Company's class A common stock on grant date. Expected dividend yield is zero for the 2020 LTIP award as the Company suspended common dividends beginning with the second quarter of 2020. (4) Based upon the continuously compounded zero-coupon US Treasury yield for the term coinciding with the measurement period of the award as of valuation date. Equity-based compensation expense, excluding amounts related to businesses presented as discontinued operations (Note 12), is as follows: Year Ended December 31, (In thousands) 2021 2020 2019 Compensation expense (including $1,194, $568 and $345 related to dividend equivalent rights) $ 38,268 $ 22,892 $ 16,456
Nonvested Shares Under Director Stock Plan and Equity Incentive Plan	Changes in the Company’s unvested equity awards are summarized below: Weighted Average Grant Date Fair Value Restricted Stock LTIP Units (1) DSUs RSUs (2) PSUs (3) Total PSUs All Other Awards Unvested shares and units at December 31, 2020 10,728,712 11,845,018 324,877 9,589,564 9,935,891 42,424,062 $ 2.78 $ 2.10 Granted 5,000,514 — 152,395 — 2,611,989 7,764,898 8.18 6.79 Vested (7,371,722) (1,383,762) (350,087) — (1,175,333) (10,280,904) 5.09 3.43 Forfeited (167,241) — (25,437) — (885,151) (1,077,829) 4.92 3.72 Unvested shares and units at December 31, 2021 8,190,263 10,461,256 101,748 9,589,564 10,487,396 38,830,227 3.69 2.51 __________ (1) Represents the number of LTIP units granted subject to vesting upon achievement of market condition. LTIP units that do not meet the market condition within the measurement period will be forfeited. (2) Represents the number of RSUs granted subject to vesting upon achievement of performance condition. RSUs that do not meet the performance condition at the end of the measurement period will be forfeited. (3) Number of PSUs granted does not reflect potential increases or decreases that could result from the final outcome of the total shareholder return measured at the end of the performance period. PSUs for which the total shareholder return was not met at the end of the performance period are forfeited.

Transactions with Affiliates (T

Transactions with Affiliates (Tables)	12 Months Ended
	Dec. 31, 2021
Related Party Transactions [Abstract]
Summary of Related Party Disclosures	Amounts due from and due to affiliates consist of the following, excluding amounts related to discontinued operations that are presented as assets held for disposition (Note 11): (In thousands) December 31, 2021 December 31, 2020 Due from Affiliates Investment vehicles, portfolio companies and unconsolidated ventures Fee income $ 41,859 $ 17,141 Cost reimbursements and recoverable expenses 7,317 5,545 Employees and other affiliates 54 541 $ 49,230 $ 23,227 Due to Affiliates (Note 7) Employees and other affiliates $ — $ 601

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit)	The components of current and deferred tax benefit (expense), excluding amounts related to discontinued operations (Note 12), are as follows. Year Ended December 31, (In thousands) 2021 2020 2019 Current Federal $ 3,355 $ (3,019) $ (1,860) State and local (20) (104) (727) Foreign (347) (327) (14) Total current tax benefit (expense) 2,988 (3,450) (2,601) Deferred Federal 94,659 41,603 11,048 State and local 2,491 8,910 2,168 Foreign 400 — — Total deferred tax benefit 97,550 50,513 13,216 Income tax benefit on continuing operations $ 100,538 $ 47,063 $ 10,615
Schedule of Deferred Tax Assets and Liabilities	The components of deferred tax asset and deferred tax liability arising from temporary differences are as follows, excluding amounts in connection with assets held for disposition. (In thousands) December 31, 2021 December 31, 2020 Deferred tax asset Net operating and capital loss carry forwards (1) $ 21,552 $ 36,325 Equity-based compensation 11,486 12,909 Real estate, leases and related intangible liabilities 14,853 — Deferred income 535 1,121 Deferred interest expense 1,799 11,503 Lease liability—corporate offices 19,295 25,069 Gross deferred tax asset 69,520 86,927 Valuation allowance (12,766) (1,852) Deferred tax asset, net of valuation allowance 56,754 85,075 Deferred tax liability Real estate, leases and related intangible assets — 105,997 Investment in partnerships 22,399 518 Other intangible assets 5,528 17,727 ROU lease asset—corporate offices 14,274 26,344 Other 7,857 33 Gross deferred tax liability 50,058 150,619 Net deferred tax liability $ 6,696 $ (65,544) __________
Schedule of Effective Income Tax Rate Reconciliation	A reconciliation of the statutory U.S. income tax to the Company's effective income tax attributable to continuing operations is presented as follows: Year Ended December 31, (Amounts in thousands) 2021 2020 2019 Loss from continuing operations before income taxes $ (317,361) $ (638,151) $ (560,103) (Income) loss from continuing operations before income taxes attributable to pass-through subsidiaries 198,180 386,352 513,903 Loss from continuing operations before income taxes attributable to taxable subsidiaries (119,181) (251,799) (46,200) Federal tax benefit at statutory tax rate (at 21%) 25,028 52,878 9,702 State and local income taxes, net of federal income tax benefit 3,721 3,008 620 Foreign income tax differential (86) — — Equity-based compensation 1,814 (4,121) — Not subject to tax under REIT election by DataBank 79,547 — — Valuation allowance, net (10,914) (1,852) — Other 1,428 (2,850) 293 Income tax benefit on continuing operations $ 100,538 $ 47,063 $ 10,615

Segment Reporting (Tables)

Segment Reporting (Tables)	12 Months Ended
	Dec. 31, 2021
Segment Reporting [Abstract]
Summary of Operating Results and Net Investments for Each of Reportable Operating Segment	The following table summarizes results of operations of the Company's reportable segments, including selected income and expense items, reconciled to the consolidated statement of operations. (In thousands) Digital Investment Management Digital Operating Corporate and Other Total Year Ended December 31, 2021 Total revenues $ 191,682 $ 763,199 $ 10,918 $ 965,799 Property operating expense — 316,178 — 316,178 Interest expense 4,766 125,387 56,796 186,949 Depreciation and amortization 26,736 495,342 17,617 539,695 Equity method earnings, including carried interest 101,811 — 124,666 226,477 Income tax benefit (expense) (9,822) 79,075 31,285 100,538 Income (loss) from continuing operations 90,915 (230,841) (76,897) (216,823) Net income (loss) from continuing operations attributable to DigitalBridge Group, Inc. 51,531 (36,664) (87,506) (72,639) Net loss from discontinued operations attributable to DigitalBridge Group, Inc. (237,458) Net loss attributable to DigitalBridge Group, Inc. $ (310,097) Year Ended December 31, 2020 Total revenues $ 85,782 $ 313,283 $ 17,365 $ 416,430 Property operating expense — 119,729 105 119,834 Interest expense — 77,976 42,853 120,829 Depreciation and amortization 26,056 210,188 4,776 241,020 Impairment loss 3,832 — 21,247 25,079 Equity method earnings (losses), including carried interest 13,039 — (273,618) (260,579) Income tax benefit (expense) (60) 21,461 25,662 47,063 Income (loss) from continuing operations 11,155 (132,063) (470,180) (591,088) Net income (loss) from continuing operations attributable to DigitalBridge Group, Inc. 10,423 (20,903) (425,268) (435,748) Net loss from discontinued operations attributable to DigitalBridge Group, Inc. (2,240,011) Net loss attributable to DigitalBridge Group, Inc. $ (2,675,759) (In thousands) Digital Investment Management Digital Operating Corporate and Other Total Year Ended December 31, 2019 Total revenues $ 34,368 $ 6,039 $ 20,626 $ 61,033 Property operating expense — 2,197 — 2,197 Interest expense 3,230 1,272 36,689 41,191 Depreciation and amortization 10,406 1,803 6,042 18,251 Impairment loss — — 649 649 Equity method earnings (losses), including carried interest 7,112 — (224,265) (217,153) Income tax benefit (expense) (15,094) (10) 25,719 10,615 Income (loss) from continuing operations 48,942 (691) (597,739) (549,488) Net income (loss) from continuing operations attributable to DigitalBridge Group, Inc. 44,808 (124) (552,827) (508,143) Net loss from discontinued operations attributable to DigitalBridge Group, Inc. (540,664) Net loss attributable to DigitalBridge Group, Inc. $ (1,048,807)
Assets and Equity Method Investments of Reportable Segments	Total assets and equity method investments of reportable segments are summarized as follows: December 31, 2021 December 31, 2020 (In thousands) Total Assets Equity Method Investments Total Assets Equity Method Investments Digital Investment Management $ 655,152 $ 140,027 $ 490,632 $ 19,167 Digital Operating 7,608,451 — 6,926,634 — Other 2,257,598 533,069 1,545,975 555,344 10,521,201 673,096 8,963,241 574,511 Assets held for disposition related to discontinued operations 3,676,615 182,552 11,237,319 879,729 $ 14,197,816 $ 855,648 $ 20,200,560 $ 1,454,240
Revenue by Geographic Areas	Geographic information about the Company's total income from continuing operations and long-lived assets excluding assets held for disposition are as follows. Geography is generally presented as the location in which the income producing assets reside or the location in which income generating services are performed. Year Ended December 31, (In thousands) 2021 2020 2019 Total income by geography: United States $ 1,112,265 $ 382,920 $ 41,723 Europe 18,147 1,442 — Other 51,679 17,126 — Total (1) $ 1,182,091 $ 401,488 $ 41,723 (In thousands) December 31, 2021 December 31, 2020 Long-lived assets by geography: United States $ 4,986,538 $ 5,480,889 Europe 915,728 75,503 Other 633,618 624,680 Total (2) $ 6,535,884 $ 6,181,072 __________ (1) Total income includes the Company's share of earnings (loss) from its equity method investments (but excludes the Company's impairment of its equity method investments of $254.5 million in 2020 and $211.1 million in 2019, with no impairment recorded in 2021); and excludes cost reimbursement income from affiliates (Note 18) and income from discontinued operations (Note 12). (2)

Commitment and Contingencies (T

Commitment and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Lease, Cost	The following table summarizes total lease cost for operating leases and finance leases, excluding leases on investment properties classified as discontinued operations. In 2019, there were no finance leases and operating lease cost on investment properties in the digital segment was immaterial. Year Ended December 31, 2021 2020 2019 (In thousands) Investment Properties Corporate Offices Investment Properties Corporate Offices Corporate Offices Operating leases: (1) Fixed lease expense $ 63,356 $ 7,010 $ 18,456 $ 9,005 $ 7,948 Variable lease expense 14,897 1,829 5,612 1,986 1,314 Total operating lease cost $ 78,253 $ 8,839 $ 24,068 $ 10,991 $ 9,262 Finance leases: Interest expense $ 8,936 NA $ 414 NA NA Amortization of ROU lease asset 11,648 NA 475 NA NA Total finance lease cost $ 20,584 NA $ 889 NA NA __________ (1) Total lease cost for operating leases is included in property operating expense for investment properties and administrative expense for corporate offices.
Future Fixed Lease Income	The table below presents the Company's future lease commitments at December 31, 2021 , determined using weighted average discount rates of 6.2% for finance leases on investment properties, 6.5% for operating leases on investment properties, excluding properties held for disposition, and 4.6% for operating leases on corporate offices: (In thousands) Finance Leases Operating Leases Year Ending December 31, Investment Properties Investment Properties Corporate Offices 2022 $ 15,673 $ 51,122 $ 9,855 2023 15,942 51,144 9,109 2024 16,332 47,988 9,564 2025 16,735 37,335 8,296 2026 17,312 33,629 6,325 2027 and thereafter 119,555 248,915 8,998 Total lease payments 201,549 470,133 52,147 Present value discount (58,772) (170,421) (9,349) Finance / Operating lease liability $ 142,777 $ 299,712 $ 42,798
Finance Lease, Liability, Fiscal Year Maturity	The table below presents the Company's future lease commitments at December 31, 2021 , determined using weighted average discount rates of 6.2% for finance leases on investment properties, 6.5% for operating leases on investment properties, excluding properties held for disposition, and 4.6% for operating leases on corporate offices: (In thousands) Finance Leases Operating Leases Year Ending December 31, Investment Properties Investment Properties Corporate Offices 2022 $ 15,673 $ 51,122 $ 9,855 2023 15,942 51,144 9,109 2024 16,332 47,988 9,564 2025 16,735 37,335 8,296 2026 17,312 33,629 6,325 2027 and thereafter 119,555 248,915 8,998 Total lease payments 201,549 470,133 52,147 Present value discount (58,772) (170,421) (9,349) Finance / Operating lease liability $ 142,777 $ 299,712 $ 42,798

Supplemental Disclosure of Ca_2

Supplemental Disclosure of Cash Flow Information (Tables)	12 Months Ended
	Dec. 31, 2021
Supplemental Cash Flow Elements [Abstract]
Schedule of Cash Flow, Supplemental Disclosures	Year Ended December 31, (In thousands) 2021 2020 2019 Supplemental Disclosure of Cash Flow Information Cash paid for interest, net of amounts capitalized of $1,567, $852 and $3,192 $ 444,365 $ 392,004 $ 523,533 Cash received (paid) for income tax, net 5,927 39,151 (12,595) Operating lease payments 66,858 31,138 16,234 Finance lease payments 15,346 889 — Supplemental Disclosure of Cash Flows from Discontinued Operations Net cash provided by operating activities of discontinued operations $ 175,782 $ 106,696 $ 628,583 Net cash provided by investing activities of discontinued operations 1,021,239 1,029,647 4,493,362 Net cash used in financing activities of discontinued operations (658,831) (940,441) (3,406,575) Supplemental Disclosure of Noncash Investing and Financing Activities Dividends and distributions payable $ 15,759 $ 18,516 $ 83,301 Improvements in operating real estate in accrued and other liabilities 17,926 27,096 20,230 Receivable from loan repayments and asset sales 14,045 1,858 63,984 Operating lease right-of-use assets and lease liabilities established 31,032 262,169 139,157 Finance lease right-of-use assets and lease liabilities established — 148,974 — Redemption of OP Units for common stock 4,647 7,757 2,104 Preferred stock redemptions payable — — 402,855 Exchange of notes into shares of Class A common stock 161,261 — — Assets and liabilities of investment entities liquidated or conveyed to lender (1) — 172,927 — Assets consolidated from real estate acquisitions, net of cash and restricted cash — 5,399,611 — Liabilities assumed in real estate acquisitions — 1,854,760 — Noncontrolling interests assumed in real estate acquisitions — 366,136 — Deferred cash consideration for acquisition of DBH (Note 3) — — 32,500 Issuance of OP Units for business combinations (Note 3) — — 114,865 Distributions payable to noncontrolling interests included in other liabilities — — 3,986 Foreclosures and exchanges of loans receivable for real estate — — 28,562 Debt assumed by buyer in sale of real estate 44,148 — 295,562 Financing provided to buyer in sale of real estate — — 4,000 Fair value of Digital Colony Manager contract intangible consolidated (Note 3) — — 51,400 Assets acquired in business combinations, net of cash and restricted cash acquired (Note 3) — — 2,098,313 Liabilities assumed in business combinations (Note 3) — — 818,449 Noncontrolling interests assumed in business combinations (Note 3) — — 724,567 Assets disposed in sale of equity of investment entities or sale by receiver (Note 12) 5,263,443 395,351 — Liabilities disposed in sale of equity of investment entities or sale by receiver (Note 12) 4,291,557 235,425 — Assets of investment entities deconsolidated (2) 351,022 80,921 — Noncontrolling interests of investment entities deconsolidated (2) 1,080,134 — — __________ (1) The Company indirectly conveyed the equity of certain of its wellness infrastructure borrower subsidiaries to an affiliate of the lender, which released the Company from all rights and obligations with respect to the assets and previously defaulted debt of these subsidiaries. (2) Represents (a) deconsolidation of noncontrolling interests upon sale of the Company's equity interests in investment entities (Note 12); and (b) deconsolidation of investment holding entities for which the Company is no longer the primary beneficiary as a result of reconsideration events in 2021, following which the Company accounts for its interests in these entities under the equity method (presented as held for disposition in Note 11).

Business and Organization (Deta

Business and Organization (Details) $ in Thousands	1 Months Ended				12 Months Ended
	Feb. 28, 2022USD ($)	Dec. 31, 2021USD ($)vertical	Apr. 30, 2021USD ($)	Mar. 31, 2021USD ($)hotelsecurityhotelPortfolio	Dec. 31, 2021USD ($)vertical	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Business Acquisition [Line Items]
Number of key vertical markets | vertical		5			5
Impairment loss					$ 0	$ 25,079	$ 649
Total liabilities related to assets held for disposition		$ 3,088,699			3,088,699	$ 7,886,516
Digital Operating
Business Acquisition [Line Items]
Assets under management		$ 45,000,000			$ 45,000,000
Senior Notes 5.375 Percent Due June 2033 | Senior Notes
Business Acquisition [Line Items]
Interest rate		5.375%			5.375%
Senior Notes 5.375 Percent Due June 2033 | Senior Notes | Forecast
Business Acquisition [Line Items]
Interest rate	5.375%
Held for disposition | Property operating income | Non-Digital Operating
Business Acquisition [Line Items]
Impairment loss					$ 625,300
BRSP
Business Acquisition [Line Items]
Minimum ownership percentage			10.00%
Ownership percentage		29.00%	29.00%		29.00%	36.40%
THL Hotel Portfolio
Business Acquisition [Line Items]
Interest sold (in percent)				55.60%
Hospitality
Business Acquisition [Line Items]
Number of hotel portfolios owned prior to sale | security				6
Exit of Hospitality Business | Discontinued Operations, Disposed of by Sale
Business Acquisition [Line Items]
Interest sold (in percent)				100.00%
Transaction price				$ 67,500
Hotel portfolios held through joint ventures | hotelPortfolio				2
Transaction value				$ 2,800,000
Debt assumed by acquirer				$ 2,700,000
Exit of Hospitality Business | THL Hotel Portfolio | Discontinued Operations, Disposed of by Sale
Business Acquisition [Line Items]
Interest sold (in percent)				55.60%
Number of hotel properties sold | hotel				197
Exit of Hospitality Business | Hospitality | Discontinued Operations, Disposed of by Sale
Business Acquisition [Line Items]
Number of hotel portfolios sold | security				5
Other Disposal Group | Discontinued Operations, Disposed of by Sale
Business Acquisition [Line Items]
Proceeds from divestiture of business		$ 443,400
Closing adjustments		31,200
Total liabilities related to assets held for disposition		$ 509,500			$ 509,500
NRF | Forecast
Business Acquisition [Line Items]
Interest sold (in percent)	100.00%
NRF | Discontinued Operations, Disposed of by Sale | Forecast
Business Acquisition [Line Items]
Proceeds from divestiture of business	$ 126,000
Transaction price	281,000
Noncash divestiture, amount of consideration received	$ 155,000
Maturity	5 years
NRF | Discontinued Operations, Disposed of by Sale | Forecast | Minimum
Business Acquisition [Line Items]
Interest sold (in percent)	69.60%
NRF | Discontinued Operations, Disposed of by Sale | Forecast | Maximum
Business Acquisition [Line Items]
Interest sold (in percent)	81.30%
NRF | Discontinued Operations, Disposed of by Sale | Sellers Note | Forecast | Debt Instrument, Interest Rate Period One
Business Acquisition [Line Items]
Interest rate	5.35%
NRF | Discontinued Operations, Disposed of by Sale | Nonrecourse | Forecast
Business Acquisition [Line Items]
Noncash divestiture, amount of consideration received	$ 293,700
NRF | Discontinued Operations, Disposed of by Sale | Recourse | Forecast
Business Acquisition [Line Items]
Noncash divestiture, amount of consideration received	$ 2,570,000
Joint Venture 1 | Exit of Hospitality Business | Discontinued Operations, Disposed of by Sale
Business Acquisition [Line Items]
Ownership interest in joint venture (in percent)				90.00%
Joint Venture 2 | Exit of Hospitality Business | Discontinued Operations, Disposed of by Sale
Business Acquisition [Line Items]
Ownership interest in joint venture (in percent)				97.50%
Certain Employees | DigitalBridge Operating Company
Business Acquisition [Line Items]
Senior management ownership percent					8.00%
BRSP
Business Acquisition [Line Items]
Cash received from termination fee			$ 102,300
Parent | Held for disposition | Property operating income
Business Acquisition [Line Items]
Impairment loss					$ 265,400
Parent | DigitalBridge Operating Company
Business Acquisition [Line Items]
General partner ownership percent					92.00%

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Narrative (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Jan. 01, 2020USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
OP units to common stock, conversion ratio	1
Stockholders' equity	$ 4,912,390	$ 6,984,590		$ 8,926,415	$ 11,146,370
Minimum | Furniture, Fixtures, Equipment and Capitalized Software
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Property, plant and equipment, useful life	3 years
Maximum | Furniture, Fixtures, Equipment and Capitalized Software
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Property, plant and equipment, useful life	7 years
Cumulative effect of adoption of new accounting pronouncement
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stockholders' equity				(5,113)	(4,468)
Retained Earnings
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stockholders' equity	$ (6,576,180)	$ (6,195,456)		(3,389,592)	(2,018,302)
Retained Earnings | Cumulative effect of adoption of new accounting pronouncement
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stockholders' equity				$ (3,187)	$ (2,905)
Retained Earnings | Cumulative effect of adoption of new accounting pronouncement | Election of fair vale option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stockholders' equity			$ (3,300)
Retained Earnings | Cumulative effect of adoption of new accounting pronouncement | Adoption of credit loss model
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stockholders' equity			$ 8,400

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Real Estate Held for Investment, Estimated Useful Lives (Details)	12 Months Ended
	Dec. 31, 2021
Site improvements | Minimum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	5 years
Site improvements | Maximum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	40 years
Building | Minimum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	5 years
Building | Maximum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	50 years
Building Improvements | Minimum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	5 years
Building Improvements | Maximum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	40 years
Data center infrastructure | Minimum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	10 years
Data center infrastructure | Maximum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	20 years
Furniture, fixtures and equipment | Minimum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	1 year
Furniture, fixtures and equipment | Maximum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	8 years

Acquisitions - Narrative (Detai

Acquisitions - Narrative (Details)

Dec. 20, 2019marketleaseholdInterestproperty$ / sharesshares

Jul. 25, 2019USD ($)portfolioCompanyshares

Jul. 24, 2019USD ($)$ / shares

Jan. 31, 2022USD ($)

Sep. 30, 2021USD ($)

Feb. 28, 2021USD ($)dataCenter

Dec. 31, 2020USD ($)dataCenter

Oct. 31, 2020USD ($)dataCenter

Dec. 31, 2019shares

Jul. 31, 2019shares

Sep. 30, 2021USD ($)

Dec. 31, 2021USD ($)tenantLease

Dec. 31, 2020USD ($)dataCenter

Dec. 31, 2019USD ($)

Feb. 01, 2022

Business Acquisition [Line Items]

Equity method investments

$ 0

$ 574,511,000

$ 673,096,000

$ 574,511,000

Number of markets | market

9

Number of properties | property

8

Number of leasehold interests | leaseholdInterest

12

Contributions from noncontrolling interests

$ 202,471,000

$ 1,832,740,000

$ 536,235,000

DataBank | Subsequent Event

Business Acquisition [Line Items]

Ownership percentage

21.80%

Payments to acquire investments

$ 32,000,000

DBH

Business Acquisition [Line Items]

Shares issued (in dollars per share) | $ / shares

$ 5.21

Number of portfolio companies managed by acquiree | portfolioCompany

6

Ownership percentage

50.00%

50.00%

Fair value of equity interest in acquiree

51,400,000

Discount rate for future fee income

8.00%

8.00%

Discount rate used for calculating future fee income

11.50%

Potential carried interest, discount rate

25.00%

DBH | Digital Colony Manager

Business Acquisition [Line Items]

Fair value of equity interest in acquiree

$ 51,400,000

DBH | DCM

Business Acquisition [Line Items]

Ownership percentage

50.00%

DBH | OP Units

Business Acquisition [Line Items]

Issuance of shares (in shares) | shares

21,478,515

21,478,515

DataBank

Business Acquisition [Line Items]

Shares issued (in dollars per share) | $ / shares

$ 4.84

Fair value of equity interest in acquiree

$ 0

DataBank | OP Units

Business Acquisition [Line Items]

Issuance of shares (in shares) | shares

612,072

612,072

Affiliated Entity

Business Acquisition [Line Items]

Number of tenant leases | tenantLease

11

Management Operation Fees | Affiliated Entity

Business Acquisition [Line Items]

Invested by related party

$ 350,000,000

Minimum

Business Acquisition [Line Items]

Royalty rate

1.00%

Discount rate for projected future royalty fees

9.50%

Maximum

Business Acquisition [Line Items]

Royalty rate

2.00%

Discount rate for projected future royalty fees

11.50%

In-Place Lease | Minimum

Business Acquisition [Line Items]

Useful life

1 year

In-Place Lease | Maximum

Business Acquisition [Line Items]

Useful life

15 years

Above and Below Market Lease | Minimum

Business Acquisition [Line Items]

Useful life

1 year

Discount rate for projected net cash flow

6.00%

Above and Below Market Lease | Maximum

Business Acquisition [Line Items]

Useful life

15 years

Discount rate for projected net cash flow

8.00%

Customer relationships and service contracts

Business Acquisition [Line Items]

Useful life

12 years

Customer relationships and service contracts | Minimum

Business Acquisition [Line Items]

Useful life

5 years

Discount rate for projected net cash flow

5.50%

Customer relationships and service contracts | Maximum

Business Acquisition [Line Items]

Useful life

15 years

Discount rate for projected net cash flow

11.50%

Trade name | Minimum

Business Acquisition [Line Items]

Useful life

1 year

Trade name | Maximum

Business Acquisition [Line Items]

Useful life

10 years

Customer Contracts | Minimum

Business Acquisition [Line Items]

Useful life

1 year

Customer Contracts | Maximum

Business Acquisition [Line Items]

Useful life

15 years

Investment management contracts | Minimum | DBH

Business Acquisition [Line Items]

Useful life

3 years

Investment management contracts | Maximum | DBH

Business Acquisition [Line Items]

Useful life

10 years

Building | Minimum

Business Acquisition [Line Items]

Plant, property and equipment acquired, useful life

25 years

Building | Maximum

Business Acquisition [Line Items]

Plant, property and equipment acquired, useful life

50 years

Site improvements | Minimum

Business Acquisition [Line Items]

Plant, property and equipment acquired, useful life

5 years

Site improvements | Maximum

Business Acquisition [Line Items]

Plant, property and equipment acquired, useful life

21 years

Data center infrastructure | Minimum

Business Acquisition [Line Items]

Plant, property and equipment acquired, useful life

10 years

Data center infrastructure | Maximum

Business Acquisition [Line Items]

Plant, property and equipment acquired, useful life

20 years

Furniture, fixtures and equipment | Minimum

Business Acquisition [Line Items]

Plant, property and equipment acquired, useful life

1 year

Furniture, fixtures and equipment | Maximum

Business Acquisition [Line Items]

Plant, property and equipment acquired, useful life

5 years

Vantage SDC

Business Acquisition [Line Items]

Asset acquisition, equity interest

90.00%

Asset acquisition, purchase price

$ 404,500,000

$ 1,360,000,000

Asset acquisition, liabilities incurred

2,000,000,000

Balance sheet investment

$ 200,000,000

Assets acquisition, balance sheet investment, equity interest percentage

13.00%

Asset acquisition, contingent consideration

$ 56,900,000

Vantage SDC | Affiliated Entity

Business Acquisition [Line Items]

Asset acquisition, purchase price

$ 100,800,000

zColo US and UK

Business Acquisition [Line Items]

Asset acquisition, equity interest

20.00%

20.00%

20.00%

Asset acquisition, purchase price

$ 33,000,000

$ 1,200,000,000

Number of data centers acquired | dataCenter

5

39

12

39

Balance sheet investment

$ 188,000,000

$ 145,000,000

$ 188,000,000

Contributions from noncontrolling interests

$ 500,000,000

zColo US and UK | Customer relationships and service contracts

Business Acquisition [Line Items]

Discount rate for projected net cash flow

10.00%

zColo US and UK | Employment Contracts

Business Acquisition [Line Items]

Useful life

3 years

DataBank

Business Acquisition [Line Items]

Asset acquisition, purchase price

$ 38,500,000

DataBank | Customer relationships and service contracts

Business Acquisition [Line Items]

Discount rate for projected net cash flow

9.50%

Acquisitions - Allocation of Co

Acquisitions - Allocation of Consideration Transferred (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Business Combinations
Deferred consideration			$ 0	$ 0	$ 32,500
OP Units issued			0	0	114,865
Goodwill		$ 761,368	761,368	761,368
Decrease in deferred liabilities		$ 8,800
DBH
Business Combinations
Cash					181,167
Deferred consideration					35,500
OP Units issued					111,903
Total consideration for equity interest acquired					328,570
Fair value of equity interest in acquiree					51,400
Fair value of equity interest					379,970
Cash	$ 0				0
Real estate	0				0
Assets held for disposition	0				0
Intangible assets	153,300				153,300
Lease right-of-use ("ROU") and other assets	13,008				13,008
Debt	0				0
Tax liabilities	(17,392)				(17,392)
Intangible, lease and other liabilities	(16,194)				(16,194)
Fair value of net assets acquired	132,722				132,722
Noncontrolling interests in investment entities	0				0
Goodwill	247,248				247,248
DataBank
Business Combinations
Cash					182,731
Deferred consideration					0
OP Units issued	3,000				2,962
Total consideration for equity interest acquired					185,693
Fair value of equity interest in acquiree					0
Fair value of equity interest					185,693
Cash	10,366				10,366
Real estate	839,053				839,053
Assets held for disposition	29,266				29,266
Intangible assets	219,651				219,651
Lease right-of-use ("ROU") and other assets	108,896				108,896
Debt	(539,155)				(539,155)
Tax liabilities	(100,759)				(100,759)
Intangible, lease and other liabilities	(120,178)				(120,178)
Fair value of net assets acquired	447,140				447,140
Noncontrolling interests in investment entities	(724,567)				(724,567)
Goodwill	$ 463,120				$ 463,120
Vantage SDC
Asset Acquisitions
Cash			505,301	1,524,610
Deferred consideration			0	0
OP Units issued			0	0
Total consideration for equity interest acquired			505,301	1,524,610
Fair value of equity interest in Digital Colony Manager			0	0
Fair value of equity interest			505,301	1,524,610
Cash			0	0
Real estate			479,587	2,720,870
Assets held for disposition			0	0
Intangible assets			82,603	765,137
Lease right-of-use ("ROU") and other assets			0	181,260
Debt			0	(2,060,307)
Tax liabilities			0	0
Intangible, lease and other liabilities			(56,889)	(82,350)
Fair value of net assets acquired			505,301	1,524,610
Noncontrolling interests in investment entities			0	0
Goodwill			0	0
zColo United States
Asset Acquisitions
Cash			38,500
Deferred consideration			0
OP Units issued			0
Total consideration for equity interest acquired			38,500
Fair value of equity interest in Digital Colony Manager			0
Fair value of equity interest			38,500
Cash			0
Real estate			38,500
Assets held for disposition			0
Intangible assets			0
Lease right-of-use ("ROU") and other assets			0
Debt			0
Tax liabilities			0
Intangible, lease and other liabilities			0
Fair value of net assets acquired			38,500
Noncontrolling interests in investment entities			0
Goodwill			0
zColo France
Asset Acquisitions
Cash			33,018
Deferred consideration			0
OP Units issued			0
Total consideration for equity interest acquired			33,018
Fair value of equity interest in Digital Colony Manager			0
Fair value of equity interest			33,018
Cash			0
Real estate			26,083
Assets held for disposition			0
Intangible assets			8,702
Lease right-of-use ("ROU") and other assets			9,536
Debt			0
Tax liabilities			0
Intangible, lease and other liabilities			(11,303)
Fair value of net assets acquired			33,018
Noncontrolling interests in investment entities			0
Goodwill			$ 0
zColo US and UK
Asset Acquisitions
Cash				1,181,488
Deferred consideration				0
OP Units issued				0
Total consideration for equity interest acquired				1,181,488
Fair value of equity interest in Digital Colony Manager				0
Fair value of equity interest				1,181,488
Cash				266
Real estate				882,327
Assets held for disposition				0
Intangible assets				303,119
Lease right-of-use ("ROU") and other assets				415,038
Debt				0
Tax liabilities				0
Intangible, lease and other liabilities				(419,262)
Fair value of net assets acquired				1,181,488
Noncontrolling interests in investment entities				0
Goodwill				$ 0

Real Estate - Components of Rea

Real Estate - Components of Real Estate (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Real Estate [Abstract]
Land	$ 206,588	$ 168,145
Buildings and improvements	1,295,204	966,839
Data center infrastructure	3,785,561	3,396,854
Construction in progress	77,014	38,210
Real estate held for investment, gross	5,364,367	4,570,048
Less: Accumulated depreciation	(392,083)	(118,184)
Real estate assets, net	$ 4,972,284	$ 4,451,864

Real Estate - Narrative (Detail

Real Estate - Narrative (Details) $ in Millions	1 Months Ended	12 Months Ended
	Jan. 31, 2022USD ($)ft²dataCenter	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2019	Feb. 01, 2022
Subsequent Event | DataBank
Real Estate [Line Items]
Ownership percentage					21.80%
Subsequent Event | DataBank | DataBank Data Centers
Real Estate [Line Items]
Additional voting percentage acquired	21.90%
DataBank Data Centers | Subsequent Event
Real Estate [Line Items]
Number of data centers acquired | dataCenter	4
Asset acquisition, purchase price	$ 91.4
Area of land | ft²	308,000
DataBank Data Centers | Subsequent Event | DataBank
Real Estate [Line Items]
Asset acquisition, purchase price	$ 670
Revenue Benchmark | Customer Concentration Risk | Tenant
Real Estate [Line Items]
Tenant concentration		16.70%	0.00%	0.00%
Revenue Benchmark | Customer Concentration Risk | Parent
Real Estate [Line Items]
Tenant concentration		7.80%
Held for investment | Property operating income
Real Estate [Line Items]
Depreciation		$ 275.8	$ 117.1

Real Estate - Components of Pro

Real Estate - Components of Property Operating Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Fixed lease income
Revenue from External Customer [Line Items]
Income	$ 609,005	$ 226,478	$ 3,779
Variable lease income
Revenue from External Customer [Line Items]
Income	92,701	38,913	377
Lease income:
Revenue from External Customer [Line Items]
Income	701,706	265,391	4,156
Data center service revenue
Revenue from External Customer [Line Items]
Income	61,044	47,537	1,882
Property operating income
Revenue from External Customer [Line Items]
Income	$ 762,750	$ 312,928	$ 6,038

Real Estate - Future Fixed Leas

Real Estate - Future Fixed Lease Income Related to Operating Leases (After Adoption of ASC 842) (Details) $ in Thousands	Dec. 31, 2021USD ($)
Real Estate [Abstract]
2022	$ 555,384
2023	423,557
2024	341,937
2025	295,824
2026	272,651
2027 and thereafter	1,441,452
Total	$ 3,330,805

Equity Investments - Summary of

Equity Investments - Summary of Investments and Debt Securities (Details) unit in Millions	12 Months Ended
	Dec. 31, 2021USD ($)unitshares	Dec. 31, 2020USD ($)shares	Jul. 24, 2019USD ($)
Equity method investments
Equity method investments	$ 673,096,000	$ 574,511,000	$ 0
Other equity investments
Total other equity investments	935,153,000	792,996,000
Marketable securities (Note 13) | Level 1
Other equity investments
Marketable securities (Note 13)	201,912,000	218,485,000
BRSP
Equity method investments
Equity method investments	$ 284,985,000	$ 356,772,000
Other equity investments
Shares owned in equity method investee (in shares) | shares	38,500,000	47,900,000
BRSP | NRF
Other equity investments
Shares owned in equity method investee (in shares) | shares	461,000
Units owned in equity method investee (in units) | unit	3.1
Company-sponsored private funds
Equity method investments
Equity method investments	$ 382,694,000	$ 173,039,000
Other equity investments
Unrealized carried interest	112,000,000	12,700,000
Investments under fair value option (Note 13)
Equity method investments
Equity method investments	0	28,540,000
Other
Equity method investments
Equity method investments	5,417,000	16,160,000
Other equity investments
Private funds and non-traded REIT	10,570,000	0
Private funds and non-traded REIT
Other equity investments
Private funds and non-traded REIT	$ 49,575,000	$ 0

Equity Investments - Narrative

Equity Investments - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	3 Months Ended		12 Months Ended
	Aug. 31, 2021	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Apr. 30, 2021
Schedule of Equity Method Investments [Line Items]
Proceeds from sale of equity investments				$ 564,025	$ 287,899	$ 165,657
BRSP
Schedule of Equity Method Investments [Line Items]
Ownership percentage				29.00%	36.40%		29.00%
Real estate debt investments | Investment Commitments
Schedule of Equity Method Investments [Line Items]
Other commitments				$ 25,000
Real estate debt investments | Investment Commitments | Parent
Schedule of Equity Method Investments [Line Items]
Other commitments				5,000
Real estate debt investments | Warehoused Loans
Schedule of Equity Method Investments [Line Items]
Other commitments				$ 91,100
Other commitments, funding percentage				75.00%
Company sponsored funds
Schedule of Equity Method Investments [Line Items]
Unfunded lending commitment				$ 88,800
BRSP
Schedule of Equity Method Investments [Line Items]
Equity method investment, shares sold (in shares)	9,487,500
Proceeds from sale of equity investments	$ 81,800
Equity method investment, gain on sale	$ 7,600
Proportionate share of loan loss provisions and impairments not recognized				110,300	$ 83,900	$ 141,100
Basis difference				$ 167,300
BRSP | Equity Method Investment
Schedule of Equity Method Investments [Line Items]
Adjustments for any impairment or observable price changes		$ 274,700	$ 227,900
BRSP | Class A Common Stock | Common Stock
Schedule of Equity Method Investments [Line Items]
Share price (in dollars per share)				$ 10.26

Equity Investments - Combined F

Equity Investments - Combined Financial Information of Equity Method Investees (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Equity Method Investment, Summarized Financial Information [Abstract]
Total assets	$ 14,197,816	$ 14,197,816	$ 20,200,560
Total liabilities	8,926,203	8,926,203	12,910,692
Owners' equity	2,146,934	2,146,934	2,501,471
Income Statement [Abstract]
Total revenues		965,799	416,430	$ 61,033
Net income (loss)	(42,865)	(816,911)	(3,790,410)	(148,915)
Net income (loss) attributable to owners		(310,097)	(2,675,759)	(1,048,807)
Equity Method Investment, Nonconsolidated Investee or Group of Investees
Equity Method Investment, Summarized Financial Information [Abstract]
Total assets	19,383,775	19,383,775	15,994,792
Total liabilities	5,500,143	5,500,143	8,694,771
Owners' equity	13,847,605	13,847,605	6,733,371
Noncontrolling interests	$ 36,027	36,027	566,650
Income Statement [Abstract]
Total revenues		264,237	345,053	855,634
Net income (loss)		667,381	(323,058)	(956,908)
Net income (loss) attributable to noncontrolling interests		(3,535)	(34,602)	(84,296)
Net income (loss) attributable to owners		$ 670,916	$ (288,456)	$ (872,612)

Goodwill, Deferred Leasing Co_3

Goodwill, Deferred Leasing Costs and Other Intangibles - Goodwill By Reportable Segment (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Goodwill [Line Items]
Total goodwill	$ 761,368	$ 761,368
Goodwill deductible for tax purposes	133,000	133,000
Digital Investment Management
Goodwill [Line Items]
Total goodwill	298,248	298,248
Digital Operating
Goodwill [Line Items]
Total goodwill	$ 463,120	$ 463,120

Goodwill, Deferred Leasing Co_4

Goodwill, Deferred Leasing Costs and Other Intangibles - Deferred Leasing Costs, Other Intangible Assets and Intangible Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Deferred Leasing Costs and Intangible Assets
Carrying Amount (Net of Impairment)	$ 1,563,912	$ 1,476,191
Accumulated Amortization	(376,285)	(135,431)
Net Carrying Amount	1,187,627	1,340,760
Intangible Liabilities
Carrying Amount (Net of Impairment)	44,076	44,224
Accumulated Amortization	(10,775)	(4,436)
Net Carrying Amount	33,301	39,788
Deferred leasing costs and lease intangible assets
Deferred Leasing Costs and Intangible Assets
Carrying Amount (Net of Impairment)	1,148,441	1,046,095
Accumulated Amortization	(256,987)	(81,547)
Net Carrying Amount	891,454	964,548
Investment management intangibles
Deferred Leasing Costs and Intangible Assets
Carrying Amount (Net of Impairment)	164,189	164,188
Accumulated Amortization	(61,435)	(35,405)
Net Carrying Amount	102,754	128,783
Customer relationships and service contracts
Deferred Leasing Costs and Intangible Assets
Carrying Amount (Net of Impairment)	218,064	217,808
Accumulated Amortization	(44,496)	(13,546)
Net Carrying Amount	173,568	204,262
Trade name
Deferred Leasing Costs and Intangible Assets
Carrying Amount (Net of Impairment)	26,400	41,900
Accumulated Amortization	(11,266)	(4,713)
Net Carrying Amount	15,134	37,187
Other
Deferred Leasing Costs and Intangible Assets
Carrying Amount (Net of Impairment)	6,818	6,200
Accumulated Amortization	(2,101)	(220)
Net Carrying Amount	$ 4,717	$ 5,980

Goodwill, Deferred Leasing Co_5

Goodwill, Deferred Leasing Costs and Other Intangibles - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2021
Goodwill [Line Items]
Carrying value	$ 1,340,760	$ 1,187,627
Investment management contracts
Goodwill [Line Items]
Intangible asset impairment	3,800
Carrying value	$ 4,000

Goodwill, Deferred Leasing Co_6

Goodwill, Deferred Leasing Costs and Other Intangibles - Amortization of Intangible Assets and Liabilities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Finite-Lived Intangible Assets [Line Items]
Net decrease to rental income	$ (2,471)	$ (1,989)	$ 0
Amortization expense	246,943	118,358	11,082
Deferred leasing costs and lease-related intangibles
Finite-Lived Intangible Assets [Line Items]
Amortization expense	165,940	75,099	489
Investment management intangibles
Finite-Lived Intangible Assets [Line Items]
Amortization expense	26,028	25,285	9,213
Customer relationships and service contracts
Finite-Lived Intangible Assets [Line Items]
Amortization expense	31,040	13,297	1,156
Trade name
Finite-Lived Intangible Assets [Line Items]
Amortization expense	22,053	4,503	186
Other
Finite-Lived Intangible Assets [Line Items]
Amortization expense	$ 1,882	$ 174	$ 38

Goodwill, Deferred Leasing Co_7

Goodwill, Deferred Leasing Costs and Other Intangibles - Future Amortization Expense (Details) $ in Thousands	Dec. 31, 2021USD ($)
Net increase (decrease) to rental income
2023	$ (1,363)
2024	(900)
2025	(1,043)
2026	(1,419)
2026	(1,311)
2027 and thereafter	690
Total	(5,346)
Amortization expense
2023	157,362
2024	137,974
2025	112,619
2026	102,698
2026	97,274
2027 and thereafter	541,053
Total	$ 1,148,980

Restricted Cash, Other Assets_3

Restricted Cash, Other Assets and Other Liabilities - Schedule of Other Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Straight-line rents	$ 25,516	$ 8,991
Investment deposits and pending deal costs	22,238	33,802
Prefunded capital expenditures for Vantage SDC	24,293	48,881
Deferred financing costs, net	0	1,186
Derivative assets	944	99
Prepaid taxes and deferred tax assets, net	29,347	49,729
Receivables from resolution of investment	10,463	0
Operating lease right-of-use asset, net	349,509	363,829
Finance lease right-of-use asset, net	131,909	143,182
Accounts receivable, net	83,878	50,808
Prepaid expenses	20,303	19,897
Other assets	24,835	43,262
Fixed assets, net	17,160	21,246
Total other assets	$ 740,395	$ 784,912
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Total other assets	Total other assets
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Total other assets	Total other assets
Impairment loss	$ 0	$ 25,079	$ 649
Accumulated depreciation	$ 19,200	13,500
Corporate, Non-Segment
Property, Plant and Equipment [Line Items]
Impairment loss		21,247	$ 649
Corporate, Non-Segment | Corporate Offices
Property, Plant and Equipment [Line Items]
Impairment loss		$ 9,400

Restricted Cash, Other Assets_4

Restricted Cash, Other Assets and Other Liabilities - Schedule of Accrued and Other Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred income	$ 37,143	$ 23,870
Interest payable	14,870	13,653
Derivative liabilities	0	103,772
Current and deferred income tax liability (Note 19)	2,016	99,470
Operating lease liability	342,510	341,561
Finance lease liability	142,777	148,974
Accrued compensation	64,100	75,666
Accrued carried interest and incentive fee compensation	67,258	1,907
Accrued real estate and other taxes	10,523	6,658
Payable for Vantage SDC expansion capacity (Note 3)	55,896	0
Accounts payable and accrued expenses	121,931	120,683
Due to affiliates (Note 18)	0	601
Other liabilities	69,018	98,068
Accrued and other liabilities	$ 928,042	$ 1,034,883
Operating Lease, Liability, Statement of Financial Position [Extensible List]	Accrued and other liabilities	Accrued and other liabilities
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Accrued and other liabilities	Accrued and other liabilities
Deferred asset management fee income	$ 6,000	$ 6,100
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Fee income, weighted-average recognition period		1 year 10 months 24 days
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Fee income, weighted-average recognition period	3 years 2 months 12 days

Debt - Schedule of Debt (Detail

Debt - Schedule of Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Principal	$ 4,922,722	$ 3,955,632
Long-term debt	4,860,402	3,930,989
Convertible and Exchangeable Senior Notes
Debt Instrument [Line Items]
Principal	338,739
Carrying Value
Debt Instrument [Line Items]
Principal	4,922,722	3,955,632
Premium (discount), net	14,538	16,234
Deferred financing costs	(76,858)	(40,877)
Long-term debt	4,860,402	3,930,989
Carrying Value | Secured Debt
Debt Instrument [Line Items]
Principal	4,283,983	3,424,130
Premium (discount), net	17,629	24,544
Deferred financing costs	(66,868)	(38,207)
Long-term debt	4,234,744	3,410,467
Carrying Value | Secured Debt | Series 2021-1 Notes
Debt Instrument [Line Items]
Principal	300,000	0
Premium (discount), net	0	0
Deferred financing costs	(8,606)	0
Long-term debt	291,394	0
Carrying Value | Convertible and Exchangeable Senior Notes
Debt Instrument [Line Items]
Principal	338,739	531,502
Premium (discount), net	(3,091)	(8,310)
Deferred financing costs	(1,384)	(2,670)
Long-term debt	$ 334,264	$ 520,522

Debt - Components of Debt (Deta

Debt - Components of Debt (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Outstanding Principal	$ 4,922,722	$ 3,955,632
Recourse Debt
Debt Instrument [Line Items]
Outstanding Principal	638,739	564,317
Non-recourse
Debt Instrument [Line Items]
Outstanding Principal	4,283,983	3,391,315
Fixed Rate
Debt Instrument [Line Items]
Outstanding Principal	4,285,205	2,697,169
Fixed Rate | Recourse Debt
Debt Instrument [Line Items]
Outstanding Principal	638,739	564,317
Fixed Rate | Non-recourse
Debt Instrument [Line Items]
Outstanding Principal	3,646,466	2,132,852
Variable Rate
Debt Instrument [Line Items]
Outstanding Principal	637,517	1,258,463
Variable Rate | Recourse Debt
Debt Instrument [Line Items]
Outstanding Principal	0	0
Variable Rate | Non-recourse
Debt Instrument [Line Items]
Outstanding Principal	637,517	1,258,463
Convertible and Exchangeable Senior Notes
Debt Instrument [Line Items]
Outstanding Principal	338,739
Convertible and Exchangeable Senior Notes | Recourse Debt
Debt Instrument [Line Items]
Outstanding Principal	$ 338,739	$ 531,502
Weighted Average Interest Rate (Per Annum)	5.31%	5.36%
Weighted Average Years Remaining to Maturity	2 years 2 months 12 days	3 years 4 months 24 days
Convertible and Exchangeable Senior Notes | Senior Notes 5.375 Percent Due June 2033
Debt Instrument [Line Items]
Interest rate	5.375%
Convertible and Exchangeable Senior Notes | Fixed Rate | Recourse Debt
Debt Instrument [Line Items]
Outstanding Principal	$ 338,739	$ 531,502
Weighted Average Interest Rate (Per Annum)	5.31%	5.36%
Weighted Average Years Remaining to Maturity	2 years 2 months 12 days	3 years 4 months 24 days
Convertible and Exchangeable Senior Notes | Variable Rate | Recourse Debt
Debt Instrument [Line Items]
Outstanding Principal	$ 0	$ 0
Secured Debt | Recourse Debt
Debt Instrument [Line Items]
Outstanding Principal	$ 300,000	$ 32,815
Weighted Average Interest Rate (Per Annum)	3.93%	5.02%
Weighted Average Years Remaining to Maturity	4 years 8 months 12 days
Secured Debt | Digital Operating | Non-recourse
Debt Instrument [Line Items]
Outstanding Principal	$ 4,217,483	$ 3,226,843
Weighted Average Interest Rate (Per Annum)	2.88%	3.69%
Weighted Average Years Remaining to Maturity	4 years 1 month 6 days	4 years 8 months 12 days
Secured Debt | Other | Non-recourse
Debt Instrument [Line Items]
Outstanding Principal	$ 66,500	$ 164,472
Weighted Average Interest Rate (Per Annum)	1.31%	3.85%
Weighted Average Years Remaining to Maturity	1 year 7 months 6 days	1 month 6 days
Secured Debt | Fixed Rate | Recourse Debt
Debt Instrument [Line Items]
Outstanding Principal	$ 300,000	$ 32,815
Weighted Average Interest Rate (Per Annum)	3.93%	5.02%
Weighted Average Years Remaining to Maturity	4 years 8 months 12 days
Secured Debt | Fixed Rate | Digital Operating | Non-recourse
Debt Instrument [Line Items]
Outstanding Principal	$ 3,646,466	$ 2,132,852
Weighted Average Interest Rate (Per Annum)	2.44%	2.54%
Weighted Average Years Remaining to Maturity	4 years 1 month 6 days	4 years 9 months 18 days
Secured Debt | Fixed Rate | Other | Non-recourse
Debt Instrument [Line Items]
Outstanding Principal	$ 0	$ 0
Secured Debt | Variable Rate | Recourse Debt
Debt Instrument [Line Items]
Outstanding Principal	0	0
Secured Debt | Variable Rate | Digital Operating | Non-recourse
Debt Instrument [Line Items]
Outstanding Principal	$ 571,017	$ 1,093,991
Weighted Average Interest Rate (Per Annum)	5.74%	5.92%
Weighted Average Years Remaining to Maturity	4 years	4 years 4 months 24 days
Secured Debt | Variable Rate | Other | Non-recourse
Debt Instrument [Line Items]
Outstanding Principal	$ 66,500	$ 164,472
Weighted Average Interest Rate (Per Annum)	1.31%	3.85%
Weighted Average Years Remaining to Maturity	1 year 7 months 6 days	1 month 6 days

Debt - Corporate Credit Facilit

Debt - Corporate Credit Facility (Details) - Securitized Financing Facility - Revolving Credit Facility - JPMorgan Chase Bank, N.A. - USD ($) $ in Millions	1 Months Ended
	May 31, 2021	Dec. 31, 2020
Line of Credit Facility [Line Items]
Maximum principal amount of credit facility	$ 300	$ 450
Percentage of unused amount	0.35%
LIBOR
Line of Credit Facility [Line Items]
Basis spread on variable rate	2.75%
Base Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate	1.75%

Debt - Securitized Financing Fa

Debt - Securitized Financing Facility Facility (Details) $ in Millions	1 Months Ended
	Jul. 31, 2021USD ($)security	May 31, 2021USD ($)	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)
Line of Credit | VFN Notes
Line of Credit Facility [Line Items]
Maximum principal amount of credit facility	$ 200
Amount available to be drawn			$ 200
Secured Debt | Series 2021-1 Notes
Line of Credit Facility [Line Items]
Secured debt	500
Secured Debt | Series 2021-1 Class A-2 Notes
Line of Credit Facility [Line Items]
Secured debt	$ 300
Interest rate	3.933%
Principal prepayment, percentage	1.00%
Proceeds from secured notes	$ 285.1
Interest reserve deposit	$ 5.4
Secured Debt | VFN Notes
Line of Credit Facility [Line Items]
Percentage of unused amount	0.50%
Number of extensions | security	2
Extension term	1 year
Secured Debt | VFN Notes | LIBOR
Line of Credit Facility [Line Items]
Basis spread on variable rate	3.00%
Revolving Credit Facility | Line of Credit | Other
Line of Credit Facility [Line Items]
Amount available to be drawn			$ 83.5
Revolving Credit Facility | JPMorgan Chase Bank, N.A. | Line of Credit
Line of Credit Facility [Line Items]
Maximum principal amount of credit facility		$ 300		$ 450
Percentage of unused amount		0.35%
Revolving Credit Facility | JPMorgan Chase Bank, N.A. | Line of Credit | LIBOR
Line of Credit Facility [Line Items]
Basis spread on variable rate		2.75%

Debt - Convertible and Exchange

Debt - Convertible and Exchangeable Senior Notes (Details) - USD ($)	1 Months Ended		3 Months Ended	12 Months Ended
	Nov. 30, 2021	Jan. 31, 2021	Sep. 30, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Jul. 31, 2020
Debt Instrument [Line Items]
Convertible and exchangeable senior notes, outstanding principal				$ 338,739,000	$ 531,502,000
Exchange of notes into shares of Class A common stock				161,261,000	0	$ 0
Repayments of convertible debt				31,502,000	370,998,000	0
Interest expense attributable to convertible and exchangeable notes				0	0	0
Loss on induced conversion of exchangeable debt				$ 25,088,000	0	$ 0
Class A Common Stock
Debt Instrument [Line Items]
Exchange of notes for class A common stock (in shares)	73,365,420			73,365,000
Convertible and Exchangeable Senior Notes
Debt Instrument [Line Items]
Redemption price, percentage of principal amount				100.00%
Convertible and Exchangeable Senior Notes | 5.00% Convertible Senior Notes
Debt Instrument [Line Items]
Interest rate				5.00%
Conversion or Exchange Price (in dollars per share)				$ 15.76
Conversion or Exchange Ratio (in shares)				63.4700
Conversion or Exchange Shares (in shares)				12,694,000
Convertible and exchangeable senior notes, outstanding principal				$ 200,000,000	200,000,000
Convertible and Exchangeable Senior Notes | 3.875% Convertible Senior Notes
Debt Instrument [Line Items]
Interest rate		3.875%		3.875%
Conversion or Exchange Price (in dollars per share)				$ 16.57
Conversion or Exchange Ratio (in shares)				60.3431
Conversion or Exchange Shares (in shares)				1,901,000
Convertible and exchangeable senior notes, outstanding principal				$ 0	31,502,000
Repayments of convertible debt		$ 31,500,000	$ 371,000,000
Convertible and Exchangeable Senior Notes | 5.75% Exchangeable Senior Notes
Debt Instrument [Line Items]
Interest rate	5.75%			5.75%			5.75%
Conversion or Exchange Price (in dollars per share)				$ 2.30
Conversion or Exchange Ratio (in shares)				434.7826
Conversion or Exchange Shares (in shares)				60,321,000
Convertible and exchangeable senior notes, outstanding principal				$ 138,739,000	$ 300,000,000
Exchange of notes into shares of Class A common stock	$ 161,300,000
Interest expense attributable to convertible and exchangeable notes	3,100,000
Loss on induced conversion of exchangeable debt	$ 25,100,000
Convertible and exchangeable senior notes
Debt Instrument [Line Items]
Exchange of notes into shares of Class A common stock				$ 1,000

Debt - Secured Debt (Details)

Debt - Secured Debt (Details) - Secured Debt - Digital Operating - Securitized Notes - USD ($) $ in Millions	1 Months Ended
	Nov. 30, 2021	Oct. 31, 2021	Mar. 31, 2021
Debt Instrument [Line Items]
Debt instrument, face amount	$ 530	$ 332	$ 657.9
Maturity	5 years	5 years
Interest rate	2.17%	2.43%	2.32%
Debt instrument, refinance amount			$ 514

Debt - Future Minimum Principal

Debt - Future Minimum Principal Payments (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
2022	$ 6,230
2023	495,293
2024	616,503
2025	1,285,006
2026	1,919,690
2027 and thereafter	600,000
Total	4,922,722	$ 3,955,632
Recourse Debt
Debt Instrument [Line Items]
Total	638,739	564,317
Nonrecourse
Debt Instrument [Line Items]
Total	4,283,983	3,391,315
Convertible and Exchangeable Senior Notes
Debt Instrument [Line Items]
2022	0
2023	200,000
2024	0
2025	138,739
2026	0
2027 and thereafter	0
Total	338,739
Convertible and Exchangeable Senior Notes | Recourse Debt
Debt Instrument [Line Items]
Total	338,739	531,502
Secured Debt | Recourse Debt
Debt Instrument [Line Items]
2022	0
2023	0
2024	0
2025	0
2026	300,000
2027 and thereafter	0
Total	300,000	32,815
Secured Debt | Nonrecourse | Digital Operating
Debt Instrument [Line Items]
2022	6,230
2023	228,793
2024	616,503
2025	1,146,267
2026	1,619,690
2027 and thereafter	600,000
Total	4,217,483	3,226,843
Secured Debt | Nonrecourse | Other
Debt Instrument [Line Items]
2022	0
2023	66,500
2024	0
2025	0
2026	0
2027 and thereafter	0
Total	$ 66,500	$ 164,472

Stockholders' Equity - Preferre

Stockholders' Equity - Preferred and Common Stock Outstanding (Details) - shares	1 Months Ended	12 Months Ended
	Nov. 30, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Share Activities Of Preferred And Common Stock [Roll Forward]
Preferred stock, beginning balance, shares outstanding (in shares)		41,350,000
Preferred stock, ending balance, shares outstanding (in shares)		35,340,000	41,350,000
Preferred Stock
Share Activities Of Preferred And Common Stock [Roll Forward]
Preferred stock, beginning balance, shares outstanding (in shares)		41,350,000	41,350,000	57,464,000
Redemption of preferred stock (in shares)		(6,010,000)		(16,114,000)
Preferred stock, ending balance, shares outstanding (in shares)		35,340,000	41,350,000	41,350,000
Class A Common Stock
Share Activities Of Preferred And Common Stock [Roll Forward]
Common stock, beginning balance, shares outstanding (in shares)		483,406,000	487,044,000	483,347,000
Exchange of notes for class A common stock (in shares)	73,365,420	73,365,000
Repurchase of common stock (in shares)			(12,733,000)	(652,000)
Conversion of class B to class A common stock (in shares)		68,000
Shares issued pursuant to settlement liability (in shares)		5,954,000
Equity awards issued, net of forfeitures (in shares)		6,575,000	9,680,000	4,850,000
Shares canceled for tax withholding on vested stock awards (in shares)		(2,796,000)	(2,769,000)	(689,000)
Common stock, ending balance, shares outstanding (in shares)		568,577,000	483,406,000	487,044,000
Reissuance of shares (in shares)			964,160
Class A Common Stock | OP Units
Share Activities Of Preferred And Common Stock [Roll Forward]
Shares issued upon redemption of OP Units (in shares)		2,005,000	2,184,000	188,000
Class B Common Stock
Share Activities Of Preferred And Common Stock [Roll Forward]
Common stock, beginning balance, shares outstanding (in shares)		734,000	734,000	734,000
Conversion of class B to class A common stock (in shares)		68,000
Common stock, ending balance, shares outstanding (in shares)		666,000	734,000	734,000

Stockholders' Equity - Prefer_2

Stockholders' Equity - Preferred Stock (Details) - USD ($) shares in Thousands, $ in Thousands	1 Months Ended	12 Months Ended
	Nov. 30, 2021	Dec. 31, 2021	Dec. 31, 2020
Class of Stock [Line Items]
Preferred stock, shares outstanding (in shares)		35,340	41,350
Par Value		$ 353
Liquidation Preference		$ 883,500	$ 1,033,750
Series H
Class of Stock [Line Items]
Dividend Rate Per Annum	7.125%	7.125%
Preferred stock, shares outstanding (in shares)		8,940
Par Value		$ 89
Liquidation Preference		$ 223,500
Series I
Class of Stock [Line Items]
Dividend Rate Per Annum		7.15%
Preferred stock, shares outstanding (in shares)		13,800
Par Value		$ 138
Liquidation Preference		$ 345,000
Series J
Class of Stock [Line Items]
Dividend Rate Per Annum		7.125%
Preferred stock, shares outstanding (in shares)		12,600
Par Value		$ 126
Liquidation Preference		$ 315,000

Stockholders' Equity - Narrativ

Stockholders' Equity - Narrative (Details) $ / shares in Units, $ in Thousands	1 Months Ended				3 Months Ended	12 Months Ended
	Nov. 30, 2021USD ($)shares	Aug. 31, 2021USD ($)	Jan. 31, 2020USD ($)$ / shares	Apr. 30, 2015	Mar. 31, 2020USD ($)$ / sharesshares	Dec. 31, 2021USD ($)votingRightPerSharedirectorquarter$ / sharesshares	Dec. 31, 2020USD ($)shares	Dec. 31, 2019USD ($)$ / sharesshares	May 31, 2020USD ($)
Class of Stock [Line Items]
Redemption amount per share (in dollars per share) | $ / shares						$ 25
Minimum period of dividend defaults providing preferred stockholders to voting rights | quarter						6
Number of directors vote entitles | director						2
Minimum affirmative vote required for changes to any series of preferred stock						66.67%
Redemption of preferred stock			$ 402,900			$ 150,250	$ 402,855	$ 0
Preferred Stock
Class of Stock [Line Items]
Redemption amount per share (in dollars per share) | $ / shares			$ 25
Redemption of preferred stock (in shares) | shares						6,010,000		16,114,000
Liquidation preference per share (in dollars per share) | $ / shares			$ 25
Class A Common Stock
Class of Stock [Line Items]
Voting rights attributable to each share | votingRightPerShare						1
Common stock conversion ratio for Class A to Class B / OP units				1
Shares repurchased (in shares) | shares					12,733,204			652,311
Value of shares repurchased					$ 24,600			$ 3,200
Weighted average price per share (in dollars per share) | $ / shares					$ 1.93			$ 4.84
Stock repurchase, authorized amount									$ 300,000
Class A common stock acquired under the DRIP Plan (in shares) | shares						0	0	0
Class B Common Stock
Class of Stock [Line Items]
Voting rights attributable to each share | votingRightPerShare						36.5
Series H
Class of Stock [Line Items]
Dividend Rate Per Annum	7.125%					7.125%
Redemption of preferred stock	$ 64,400
Redemption of preferred stock (in shares) | shares	2,560,000
Series G Preferred Stock
Class of Stock [Line Items]
Dividend Rate Per Annum		7.50%
Redemption of preferred stock		$ 86,800

Stockholders' Equity - Accumula

Stockholders' Equity - Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	$ 6,984,590	$ 8,926,415	$ 11,146,370
Deconsolidation of investment entities	(1,079,660)	(80,921)	(6,235)
Ending balance	4,912,390	6,984,590	8,926,415
AOCI - Stockholders
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	122,123	47,668	13,999
Other comprehensive income (loss) before reclassifications	(45,867)	78,750	21,832
Amounts reclassified from AOCI	(32,391)	(4,295)	11,837
Deconsolidation of investment entities	(1,482)
Ending balance	42,383	122,123	47,668
Company's Share in AOCI of Equity Method Investments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	17,718	9,281	3,629
Other comprehensive income (loss) before reclassifications	(12,386)	8,437	9,206
Amounts reclassified from AOCI	(2,998)	0	(3,554)
Deconsolidation of investment entities	0
Ending balance	2,334	17,718	9,281
Unrealized Gain (Loss) on AFS Debt Securities
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	6,072	7,823	(3,175)
Other comprehensive income (loss) before reclassifications	(211)	1,844	(4,358)
Amounts reclassified from AOCI	0	(3,595)	15,356
Deconsolidation of investment entities	0
Ending balance	5,861	6,072	7,823
Unrealized Gain (Loss) on Cash Flow Hedges
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	(233)	(226)	(91)
Other comprehensive income (loss) before reclassifications	0	(7)	(2,563)
Amounts reclassified from AOCI	233	0	2,428
Deconsolidation of investment entities	0
Ending balance	0	(233)	(226)
Foreign Currency Translation Gain (Loss)
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	52,832	139	6,618
Other comprehensive income (loss) before reclassifications	(35,001)	52,468	(5,398)
Amounts reclassified from AOCI	10,153	225	(1,081)
Deconsolidation of investment entities	(1,482)
Ending balance	26,502	52,832	139
Unrealized Gain (Loss) on Net Investment Hedges
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	45,734	30,651	7,018
Other comprehensive income (loss) before reclassifications	1,731	16,008	24,945
Amounts reclassified from AOCI	(39,779)	(925)	(1,312)
Deconsolidation of investment entities	0
Ending balance	7,686	45,734	30,651
AOCI Attributable to Noncontrolling Interest in Investment Entities
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	97,914	(8,259)	8,654
Other comprehensive income (loss) before reclassifications	(65,127)	107,141	(24,082)
Amounts reclassified from AOCI	(15,433)	(968)	7,169
Deconsolidation of investment entities	(6,297)
Ending balance	11,057	97,914	(8,259)
Unrealized Gain (Loss) on Cash Flow Hedges
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	(1,030)	(1,005)	(390)
Other comprehensive income (loss) before reclassifications	0	(25)	(5,943)
Amounts reclassified from AOCI	1,030	0	5,328
Deconsolidation of investment entities	0
Ending balance	0	(1,030)	(1,005)
Foreign Currency Translation Gain (Loss)
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	83,845	(17,913)	(600)
Other comprehensive income (loss) before reclassifications	(65,127)	101,853	(16,848)
Amounts reclassified from AOCI	(1,364)	(95)	(465)
Deconsolidation of investment entities	(6,297)
Ending balance	11,057	83,845	(17,913)
Unrealized Gain (Loss) on Net Investment Hedges
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	15,099	10,659	9,644
Other comprehensive income (loss) before reclassifications	0	5,313	(1,291)
Amounts reclassified from AOCI	(15,099)	(873)	2,306
Deconsolidation of investment entities	0
Ending balance	$ 0	$ 15,099	$ 10,659

Stockholders' Equity - Reclassi

Stockholders' Equity - Reclassification Out of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amount reclassified into earnings	$ (21,412)	$ (6,493)	$ (175,910)
Equity method earnings (losses)	127,270	(273,288)	(217,153)
Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Equity method earnings (losses)	2,998	0	3,554
Other gain (loss), net | Relief of basis of AFS debt securities | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amount reclassified into earnings	0	3,595	0
Other gain (loss), net | Other-than-temporary impairment of AFS debt securities (prior to 2020) | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amount reclassified into earnings	0	0	(15,356)
Other gain (loss), net | Release of foreign currency cumulative translation adjustments | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amount reclassified into earnings	(10,153)	(225)	1,081
Other gain (loss), net | Unrealized gain on dedesignated net investment hedges | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amount reclassified into earnings	0	552	(340)
Other gain (loss), net | Realized gain on net investment hedges | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amount reclassified into earnings	39,779	373	1,652
Other gain (loss), net | Realized loss on cash flow hedges | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amount reclassified into earnings	(233)	0	0
Other gain (loss), net | Deconsolidation of investment entities | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amount reclassified into earnings	$ 1,482	$ 0	$ 0

Noncontrolling Interests - Chan

Noncontrolling Interests - Changes in Redeemable Noncontrolling Interest (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance	$ 305,278	$ 6,107	$ 9,385
Distributions and redemptions	(222,519)	(345,271)	(2,829,088)
Ending balance	359,223	305,278	6,107
Redeemable noncontrolling interests
Increase (Decrease) in Temporary Equity [Roll Forward]
Contributions	42,514	307,414	0
Distributions and redemptions	(23,246)	(8,859)	(5,837)
Net income	$ 34,677	$ 616	$ 2,559

Noncontrolling Interests - Narr

Noncontrolling Interests - Narrative (Details) $ / shares in Units, $ in Thousands	Dec. 20, 2019shares	Jul. 25, 2019shares	Apr. 30, 2021USD ($)	Jul. 31, 2020USD ($)security$ / sharesshares	Dec. 31, 2019USD ($)shares	Jul. 31, 2019USD ($)shares	Dec. 31, 2021USD ($)shares	Dec. 31, 2020USD ($)shares	Dec. 31, 2019USD ($)shares
Noncontrolling Interest [Line Items]
OP units to common stock, conversion ratio							1
OP Units issued							$ 0	$ 0	$ 114,865
DBH
Noncontrolling Interest [Line Items]
OP Units issued									111,903
DataBank
Noncontrolling Interest [Line Items]
OP Units issued					$ 3,000				$ 2,962
OP Units
Noncontrolling Interest [Line Items]
OP units to common stock, conversion ratio							1
OP units redeemed (in shares) | shares							2,005,367	2,184,395	187,995
OP Units | DBH
Noncontrolling Interest [Line Items]
Issuance of shares (in shares) | shares		21,478,515				21,478,515
OP Units issued						$ 111,900
OP Units | DataBank
Noncontrolling Interest [Line Items]
Issuance of shares (in shares) | shares	612,072				612,072
OP Units issued					$ 3,000
Common Stock Warrants | Class A Common Stock
Noncontrolling Interest [Line Items]
Number of warrants issued | security				5
Aggregate percentage of common stock				5.00%
Number of shares called by each warrant | shares				5,352,000
Common Stock Warrants | Class A Common Stock | Minimum
Noncontrolling Interest [Line Items]
Strike price (in dollars per share) | $ / shares				$ 2.43
Common Stock Warrants | Class A Common Stock | Maximum
Noncontrolling Interest [Line Items]
Strike price (in dollars per share) | $ / shares				$ 6
Digital IM Business
Noncontrolling Interest [Line Items]
Percent of total asset threshold				90.00%
Wafra, Inc. | Digital IM Business
Noncontrolling Interest [Line Items]
Cash consideration				$ 253,600
Contingent consideration			$ 29,900
Run-Rate of EBITDA threshold for contingent consideration								$ 72,000
Contingent consideration, allocation percent							50.00%
Partnership | Wafra, Inc.
Noncontrolling Interest [Line Items]
Participation in net management fees and carried interest				31.50%
Partnership | Wafra, Inc. | Commitments to DCP I
Noncontrolling Interest [Line Items]
Other commitments				$ 124,900
Partnership | Wafra, Inc. | Commitments to DCP II
Noncontrolling Interest [Line Items]
Other commitments				$ 125,000

Assets and Related Liabilitie_3

Assets and Related Liabilities Held For Disposition - Discontinued Operations (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Assets
Restricted cash	$ 65,022	$ 191,692
Real estate, net	3,079,416	8,179,025
Loans receivable	55,878	1,258,539
Equity and debt investments	250,246	944,483
Goodwill, deferred leasing costs and other intangible assets, net	118,300	275,954
Other assets	100,720	327,309
Due from affiliates	7,033	60,317
Total assets held for disposition	3,676,615	11,237,319
Liabilities
Debt, net	2,869,360	7,352,828
Lease intangibles and other liabilities	219,339	533,688
Total liabilities related to assets held for disposition	$ 3,088,699	$ 7,886,516
Senior Notes 5.375 Percent Due June 2033 | Senior Notes
Liabilities
Interest rate	5.375%

Assets and Related Liabilitie_4

Assets and Related Liabilities Held For Disposition - Narrative (Details) $ in Thousands	Apr. 30, 2021USD ($)	Apr. 30, 2021USD ($)	Mar. 31, 2021USD ($)	Jun. 30, 2020USD ($)	Mar. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Sep. 30, 2019USD ($)	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Impairment loss								$ 0	$ 25,079	$ 649
Goodwill								761,368	761,368
Goodwill impairment								0	594,000	788,000
Carrying value								1,187,627	1,340,760
Fair Value | Financial Asset, Equal to or Greater than 90 Days Past Due
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Fair value of loans									873,200
Carrying Value | Financial Asset, Equal to or Greater than 90 Days Past Due
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Fair value of loans									2,200,000
N-Star CDO Bonds
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Provision for credit loss								$ (200)	(24,700)
BRSP
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash received from termination fee		$ 102,300
Minimum
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Capitalization rate								7.00%
Terminal capitalization rate								5.75%
Discount rate								6.50%
Maximum
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Capitalization rate								12.00%
Terminal capitalization rate								11.25%
Discount rate								9.50%
Investor Relationship
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Impairment of intangibles			$ 4,000			$ 1,300
Other intangible assets, net			$ 5,500
Level 3
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Equity method investments								$ 79,300	$ 153,300
Level 3 | Minimum | Discount rate | Discounted cash flows
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Measurement input									0.069
Level 3 | Minimum | Discount rate | Discounted cash flows | N-Star CDO Bonds
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Measurement input									0.183
Level 3 | Maximum | Discount rate | Discounted cash flows
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Measurement input									0.257
Level 3 | Maximum | Discount rate | Discounted cash flows | N-Star CDO Bonds
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Measurement input									0.578
Private funds and non-traded REIT | Minimum | ADC Investments | Discount rate
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Measurement input								0.10
Private funds and non-traded REIT | Maximum | ADC Investments | Discount rate
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Measurement input								0.20
Private funds and non-traded REIT | Level 3
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Equity method investments								$ 19,700	$ 701,800
Private funds and non-traded REIT | Nonrecurring
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Impairment loss								$ 224,500	237,500	30,000
Properties Held-for-sale | Minimum
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Selling costs, percentage								1.00%
Properties Held-for-sale | Maximum
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Selling costs, percentage								3.00%
Investment Management Contracts Held For Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Intangible asset impairment									4,300	8,600
Carrying value						16,900			8,400	16,900
Level 3 fair value, discount rate			10.00%
Other Disposal Group
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Goodwill	$ 81,600	$ 81,600
Gain (loss) on disposal of discontinued operation	$ 20,700
Goodwill impairment				$ 515,000	$ 79,000	$ 401,000	$ 387,000
Held for disposition
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Equity investments								$ 31,200	36,200
Held for disposition | Properties Held-for-sale | Property operating income
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Impairment loss								313,400	1,960,000	$ 347,800
Held for disposition | Properties Held-for-sale | Nonrecurring | Level 3
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Assets, fair value								$ 3,010,000	$ 4,710,000

Assets and Related Liabilitie_5

Assets and Related Liabilities Held For Disposition - Summary of N-Star CDO Bonds (Details) - N-Star CDO Bonds - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Debt Securities, Available-for-sale [Line Items]
Amortized Cost without Allowance for Credit Loss	$ 55,041	$ 46,561
Allowance for Credit Loss	24,882	24,688
Gross cumulative unrealized gains	6,372	6,703
Gross cumulative unrealized losses	0	0
Fair Value	$ 36,531	$ 28,576

Assets and Related Liabilitie_6

Assets and Related Liabilities Held For Disposition - Changes in Level 3 Fair Value (Details) - Recurring - Level 3 - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
AFS Debt Securities Held for Disposition | Discontinued Operations
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning	$ 28,576	$ 54,859
Election of fair value option on January 1, 2020			$ 0
Reclassification of accrued interest on January 1, 2020			0
Purchases, drawdowns, contributions and accretion	10,049	4,043
Paydowns, distributions and sales	(1,569)	(5,784)
Change in accrued interest and capitalization of paid-in-kind interest	0	0
Allowance for credit losses	(194)	(24,688)
Realized and unrealized losses in earnings, net	0	0
Deconsolidation of investment entities (Note 22)	0
Other	0
Other comprehensive income (loss)	(331)	146
Fair value, ending	36,531	28,576
Net unrealized gains (losses) in earnings on instruments held	0	0
AFS Debt Securities Held for Disposition | Other Comprehensive Income | Discontinued Operations
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Net unrealized gains (losses) in earnings on instruments held	(331)	146
Loans Held for Disposition
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning	36,798	0
Purchases, drawdowns, contributions and accretion	61,026	36,395
Paydowns, distributions and sales	(16,470)
Change in accrued interest and capitalization of paid-in-kind interest	1,761	403
Realized and unrealized losses in earnings, net	(185)	0
Fair value, ending	82,930	36,798
Net unrealized gains (losses) in earnings on instruments held	(1,114)	0
Loans Held for Disposition | Discontinued Operations
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning	1,258,539	0
Election of fair value option on January 1, 2020			1,556,131
Reclassification of accrued interest on January 1, 2020			13,504
Purchases, drawdowns, contributions and accretion	19,070	159,019
Paydowns, distributions and sales	(440,646)	(274,100)
Change in accrued interest and capitalization of paid-in-kind interest	5,801	32,630
Allowance for credit losses	0	0
Realized and unrealized losses in earnings, net	(92,701)	(299,405)
Deconsolidation of investment entities (Note 22)	(647,218)
Other	(7,088)
Other comprehensive income (loss)	(39,879)	70,760
Fair value, ending	55,878	1,258,539
Net unrealized gains (losses) in earnings on instruments held	0	(282,801)
Equity Method Investments Held for Disposition
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning	28,540	25,000
Purchases, drawdowns, contributions and accretion	0	0
Paydowns, distributions and sales	(9,174)
Change in accrued interest and capitalization of paid-in-kind interest	0	0
Realized and unrealized losses in earnings, net	8,260	3,540
Fair value, ending	0	28,540
Net unrealized gains (losses) in earnings on instruments held	0	3,540
Equity Method Investments Held for Disposition | Discontinued Operations
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning	153,259	197,875
Election of fair value option on January 1, 2020			0
Reclassification of accrued interest on January 1, 2020			$ 0
Purchases, drawdowns, contributions and accretion	8	6,539
Paydowns, distributions and sales	(12,594)	(967)
Change in accrued interest and capitalization of paid-in-kind interest	0	0
Allowance for credit losses	0	0
Realized and unrealized losses in earnings, net	(29,961)	(62,413)
Deconsolidation of investment entities (Note 22)	(27,402)
Other	0
Other comprehensive income (loss)	(4,001)	12,225
Fair value, ending	79,309	153,259
Net unrealized gains (losses) in earnings on instruments held	$ (28,216)	$ (62,413)

Discontinued Operations (Detail

Discontinued Operations (Details) $ in Thousands	1 Months Ended		3 Months Ended	12 Months Ended
	Mar. 31, 2021security	Dec. 31, 2020	Dec. 31, 2021USD ($)	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Other income (loss)
Income (loss) from discontinued operations			$ (9,493)	$ (600,088)	$ (3,199,322)	$ 400,573
Loss from discontinued operations attributable to DigitalBridge Group, Inc.				$ (237,458)	(2,240,011)	(540,664)
Senior Notes 5.375 Percent Due June 2033 | Senior Notes
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Interest rate			5.375%	5.375%
THL Hotel Portfolio
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Interest sold (in percent)	55.60%
Held for disposition
Revenues
Property operating income				$ 737,282	1,217,236	2,196,799
Interest income				19,143	73,345	164,445
Fee income				58,197	94,399	202,038
Other income				29,037	29,450	65,276
Revenues from discontinued operations				843,659	1,414,430	2,628,558
Expenses
Property operating expense				462,896	799,850	1,182,150
Interest expense				256,567	353,577	586,181
Transaction-related costs and investment expense				38,820	70,993	67,394
Depreciation and amortization				96,860	337,262	578,011
Provision for loan losses				0	0	35,880
Impairment loss				317,405	2,556,051	1,145,794
Compensation and administrative expense				109,620	100,011	243,970
Expenses from discontinued operations				1,282,168	4,217,744	3,839,380
Other income (loss)
Gain on sale of real estate				49,429	41,922	1,520,808
Other gain (loss), net				72,617	(194,860)	(16,054)
Equity method earnings (losses)				(233,725)	(203,399)	129,709
Income (loss) from discontinued operations before income taxes				(550,188)	(3,159,651)	423,641
Income tax expense				(49,900)	(39,671)	(23,068)
Income (loss) from discontinued operations				(600,088)	(3,199,322)	400,573
Loss from discontinued operations attributable to DigitalBridge Group, Inc.				(237,458)	(2,240,011)	(540,664)
Discontinued Operations, Disposed of by Sale | Exit of Hospitality Business
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Interest sold (in percent)	100.00%
Discontinued Operations, Disposed of by Sale | THL Hotel Portfolio | Exit of Hospitality Business
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Interest sold (in percent)	55.60%
Noncontrolling Interests in Investment Entities | Held for disposition
Other income (loss)
Income (loss) from discontinued operations attributable to:				(337,685)	(712,771)	990,985
Noncontrolling Interests in Operating Company | Held for disposition
Other income (loss)
Income (loss) from discontinued operations attributable to:				$ (24,945)	$ (246,540)	$ (49,748)
Hospitality
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of hotel portfolios owned prior to sale | security	6
Hospitality | Discontinued Operations, Disposed of by Sale | Exit of Hospitality Business
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of hotel portfolios sold | security	5
Industrial
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Interest sold (in percent)		50.00%

Fair Value - Narrative (Details

Fair Value - Narrative (Details) shares in Thousands	1 Months Ended		12 Months Ended
	Jun. 30, 2021USD ($)shares	Mar. 31, 2020USD ($)	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Jul. 24, 2019USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets			$ 944,000	$ 99,000
Derivative liabilities			0	103,772,000
Unrealized gain (loss) on marketable equity securities held at period end				(14,300,000)
Loans receivable (at fair value)			173,921,000	36,798,000
Loans 90 days ore more past due			0	0
Equity method investments			673,096,000	574,511,000		$ 0
Equity method earnings (losses)			127,270,000	$ (273,288,000)	$ (217,153,000)
Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Expected volatility (percent)				67.20%
Risk-free rate				0.14%
Blackwell Capital LLC Joint Venture
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Common stock contributed		$ 13,230,000
Investments under fair value option (Note 13)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity method investments			0	$ 28,540,000
Blackwells Capital LLC | Blackwell Capital LLC Joint Venture
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Common stock contributed		1,470,000
Profit distribution	$ 47,000,000
Shares received from dissolution | shares	5,950
Joint venture other loss	$ 22,800,000
DigitalBridge Operating Company | Blackwell Capital LLC Joint Venture
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Common stock contributed		14,700,000
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans receivable (at fair value)			$ 82,900,000
Level 3 | Loan and interest receivable | Minimum | Discount rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Measurement input			0.089	0.072
Level 3 | Loan and interest receivable | Maximum | Discount rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Measurement input			0.100	0.089
Level 3 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Joint venture, settlement liability				$ 24,300,000
Settlement liability, increase in value from inception		$ 20,400,000
Level 1 | Equity Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities (Note 13)			$ 201,912,000	218,485,000
Fair Value Measured at Net Asset Value Per Share | Recurring | Retail Companies, Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Alternative Investment			44,600,000
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans receivable (at fair value)			91,000,000
Foreign exchange contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notional amount			182,300,000	350,500,000
Interest rate contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notional amount			$ 2,000,000,000	4,600,000,000
Forward contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notional amount				119,000,000
Forward contracts | Derivative Liabilities | Non-Designated Hedges
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liabilities				102,700,000
Swap | Derivative Liabilities | Non-Designated Hedges
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liabilities				100,000
Forward Contracts and Performance Swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Unrealized gain (loss) in earnings				$ 15,400,000

Fair Value - Schedule of Realiz

Fair Value - Schedule of Realized and Unrealized Gain (Loss) on Derivatives not Designated as Hedges (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Foreign exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount	$ 182,300	$ 350,500
Foreign exchange contracts | Net Investment Hedging | Designated Hedges
Derivative Instruments, Gain (Loss) [Line Items]
Unrealized gain (loss) transferred from AOCI to earnings	0	1,485	$ (2,693)
Foreign exchange contracts | Net Investment Hedging | Designated Hedges | Other gain (loss), net
Derivative Instruments, Gain (Loss) [Line Items]
Realized gain transferred from AOCI to earnings	58,727	414	1,790
Foreign exchange contracts | Net Investment Hedging | Non-Designated Hedges
Derivative Instruments, Gain (Loss) [Line Items]
Unrealized gain (loss) in earnings	889	(2,727)	0
Interest rate contracts
Derivative Instruments, Gain (Loss) [Line Items]
Realized gain (loss) transferred from AOCI to earnings and interest expense on interest rate contracts	(1,328)	0	8,019
Realized and unrealized loss in earnings	(213)	(209)	(242,898)
Notional amount	2,000,000	4,600,000
Interest rate contracts | Interest expense
Derivative Instruments, Gain (Loss) [Line Items]
Realized gain (loss) transferred from AOCI to earnings and interest expense on interest rate contracts	$ 20	$ 24	0
Interest rate swaps | Non-Designated Hedges
Derivative Instruments, Gain (Loss) [Line Items]
Unrealized loss on notional forward starting swap			239,300
Notional amount			$ 2,000,000

Fair Value - Changes in Level 3

Fair Value - Changes in Level 3 Fair Value (Details) - Recurring - Level 3 - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Loans held for investment, net
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning	$ 36,798	$ 0
Purchases, originations, drawdowns and contributions	61,026	36,395
Paydowns, distributions and sales	(16,470)
Change in accrued interest and capitalization of paid-in-kind interest	1,761	403
Change in accounting treatment for equity interest	0
Realized and unrealized losses in earnings, net	(185)	0
Fair value, ending	82,930	36,798
Net unrealized gains (losses) in earnings on instruments held	(1,114)	0
Equity Method Investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning	28,540	25,000
Purchases, originations, drawdowns and contributions	0	0
Paydowns, distributions and sales	(9,174)
Change in accrued interest and capitalization of paid-in-kind interest	0	0
Change in accounting treatment for equity interest	(27,626)
Realized and unrealized losses in earnings, net	8,260	3,540
Fair value, ending	0	28,540
Net unrealized gains (losses) in earnings on instruments held	$ 0	$ 3,540

Fair Value - Estimated Fair Val

Fair Value - Estimated Fair Values and Carrying Values of Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Fair Value | Convertible and exchangeable senior notes
Liabilities
Secured and unsecured debt	$ 716,970	$ 898,231
Fair Value | Secured Debt
Liabilities
Secured and unsecured debt	4,253,925	3,407,175
Fair Value | Secured Debt | Series 2021-1 Notes
Liabilities
Secured and unsecured debt	291,394
Carrying Value | Convertible and exchangeable senior notes
Liabilities
Secured and unsecured debt	334,264	520,522
Carrying Value | Secured Debt
Liabilities
Secured and unsecured debt	4,234,744	3,410,467
Carrying Value | Secured Debt | Series 2021-1 Notes
Liabilities
Secured and unsecured debt	291,394
Level 1 | Convertible and exchangeable senior notes
Liabilities
Secured and unsecured debt	716,970	898,231
Level 1 | Secured Debt
Liabilities
Secured and unsecured debt	0	0
Level 1 | Secured Debt | Series 2021-1 Notes
Liabilities
Secured and unsecured debt	0
Level 2 | Convertible and exchangeable senior notes
Liabilities
Secured and unsecured debt	0	0
Level 2 | Secured Debt
Liabilities
Secured and unsecured debt	3,598,655	0
Level 2 | Secured Debt | Series 2021-1 Notes
Liabilities
Secured and unsecured debt	0
Level 3 | Convertible and exchangeable senior notes
Liabilities
Secured and unsecured debt	0	0
Level 3 | Secured Debt
Liabilities
Secured and unsecured debt	655,270	$ 3,407,175
Level 3 | Secured Debt | Series 2021-1 Notes
Liabilities
Secured and unsecured debt	$ 291,394

Variable Interest Entities (Det

Variable Interest Entities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Variable Interest Entity [Line Items]
Total assets of consolidated private fund	$ 14,197,816	$ 20,200,560
Total liabilities of consolidated private fund	$ 8,926,203	12,910,692
Junior Notes
Variable Interest Entity [Line Items]
Redemption period	5 years
Variable Interest Entity, Primary Beneficiary
Variable Interest Entity [Line Items]
Exposure to the obligations of the investment entities	$ 53,100	46,500
Total assets of consolidated private fund	230,600	172,200
Total liabilities of consolidated private fund	63,000	41,800
Variable Interest Entity, Not Primary Beneficiary | Securitization Vehicles
Variable Interest Entity [Line Items]
Exposure to the obligations of the investment entities	30,200	21,900
Variable Interest Entity, Not Primary Beneficiary | Company-Sponsored Private Funds
Variable Interest Entity [Line Items]
Exposure to the obligations of the investment entities	382,700	173,000
Variable Interest Entity, Not Primary Beneficiary | Company-Sponsored Private Funds | Discontinued Operations
Variable Interest Entity [Line Items]
Exposure to the obligations of the investment entities	45,400	41,400
Variable Interest Entity, Not Primary Beneficiary | The Trust
Variable Interest Entity [Line Items]
Exposure to the obligations of the investment entities	$ 3,700	$ 3,700

Earnings per Share (Details)

Earnings per Share (Details) $ / shares in Units, $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2021USD ($)$ / shares	Dec. 31, 2021USD ($)$ / sharesshares	Dec. 31, 2020USD ($)$ / sharesshares	Dec. 31, 2019USD ($)$ / sharesshares
Net loss allocated to common stockholders
Loss from continuing operations	$ (33,372)	$ (216,823)	$ (591,088)	$ (549,488)
Loss from continuing operations attributable to noncontrolling interests		144,184	155,340	41,345
Loss from continuing operations attributable to DigitalBridge Group, Inc.		(72,639)	(435,748)	(508,143)
Loss from discontinued operations attributable to DigitalBridge Group, Inc.		(237,458)	(2,240,011)	(540,664)
Preferred stock redemption		(4,992)	0	5,150
Preferred dividends		(70,627)	(75,023)	(108,550)
Net loss attributable to common stockholders		(385,716)	(2,750,782)	(1,152,207)
Net income allocated to participating securities		0	(1,250)	(3,491)
Net loss allocated to common stockholders—basic		(385,716)	(2,752,032)	(1,155,698)
Interest expense attributable to convertible and exchangeable notes		0	0	0
Net loss allocated to common stockholders—diluted		$ (385,716)	$ (2,752,032)	$ (1,155,698)
Weighted average common shares outstanding
Weighted average number of common shares outstanding - basic (in shares) | shares		491,456,000	473,558,000	479,588,000
Weighted average effect of dilutive shares (in shares) | shares		0	0	0
Weighted average number of common shares outstanding - diluted (in shares) | shares		491,456,000	473,558,000	479,588,000
Loss per share—basic
Loss from continuing operations (in dollars per share) | $ / shares	$ (0.01)	$ (0.30)	$ (1.08)	$ (1.28)
Loss from discontinued operations (in dollars per share) | $ / shares	(0.03)	(0.48)	(4.73)	(1.13)
Net loss attributable to common stockholders per common shares - basic (in dollars per share) | $ / shares		(0.78)	(5.81)	(2.41)
Loss per share—diluted
Loss from continuing operations (in dollars per share) | $ / shares	(0.01)	(0.30)	(1.08)	(1.28)
Loss from discontinued operations (in dollars per share) | $ / shares	$ (0.03)	(0.48)	(4.73)	(1.13)
Net loss attributable to common stockholders per common share - diluted (in dollars per share) | $ / shares		$ (0.78)	$ (5.81)	$ (2.41)
Conversion ratio		1
Performance Shares
Loss per share—diluted
Weighted average dilutive common share (in shares) | shares		10,850,800	5,776,800	990,700
Common Stock Warrants
Loss per share—diluted
Weighted average dilutive common share (in shares) | shares		10,637,600	862,200
OP Units
Loss per share—diluted
Weighted average dilutive common share (in shares) | shares		50,455,100	51,076,700	53,261,100
Convertible Debt Securities
Loss per share—diluted
Interest expense on convertible note excluded from diluted EPS		$ 54,700	$ 29,900	$ 28,200
Weighted average dilutive common share (in shares) | shares		135,396,500	87,478,400	38,112,100

Fee Income - Summary of Fee Inc

Fee Income - Summary of Fee Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Management fees
Related Party Transaction [Line Items]
Revenue from contract with customer	$ 168,618	$ 78,421	$ 31,757
Other fees
Related Party Transaction [Line Items]
Revenue from contract with customer	5,034	4,899	1,766
Total fee income—affiliates
Related Party Transaction [Line Items]
Revenue from contract with customer	180,826	83,355	33,523
Affiliated Entity
Related Party Transaction [Line Items]
Revenue from contract with customer	10,185	8,828	13,245
Affiliated Entity | Incentive fees
Related Party Transaction [Line Items]
Revenue from contract with customer	$ 7,174	$ 35	$ 0

Fee Income - Narrative (Details

Fee Income - Narrative (Details) - Base Management Fees - Private funds - Fee income	12 Months Ended
	Dec. 31, 2021
Minimum
Management Fee Income [Line Items]
Management fee revenue, percent of total commitments during commitment period and thereafter invested capital	0.30%
Maximum
Management Fee Income [Line Items]
Management fee revenue, percent of total commitments during commitment period and thereafter invested capital	1.50%

Equity-Based Compensation - Nar

Equity-Based Compensation - Narrative (Details) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2021USD ($)shares	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Conversion of units, conversion ratio (LTIP to common OP Unit)	1
Fair value of shares vested	$ 68.3	$ 17.9	$ 14.7
Aggregate unrecognized compensation cost related to restricted stock granted	$ 60.9
Weighted average period of expected cost	2 years 1 month 6 days
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
DSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	1 year
Managed Company Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expenses (reversals)	$ 5.3	$ 2.1	$ 32.3
Class A Common Stock | PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Measurement period	3 years
Minimum | Class A Common Stock | PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares issued, percent of PSU granted	0.00%
Maximum | Class A Common Stock | PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares issued, percent of PSU granted	200.00%
CLNS Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, shares reserved for future issuance, annual increase	2.00%
Common stock, shares reserved for future issuance (in shares) | shares	73.8
CLNS Equity Incentive Plan | LTIP Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Conversion of units, conversion ratio (LTIP to common OP Unit)	1

Equity-Based Compensation - Val

Equity-Based Compensation - Valuation Technique (Details) - $ / shares	1 Months Ended	12 Months Ended
	Jul. 31, 2019	Dec. 31, 2021
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
LTIP units issued (in shares)		7,764,898
2021 PSU Grant
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Expected volatility of the Company's class A common stock		35.40%
Expected annual dividend yield		0.00%
Risk-free rate (per annum)		0.30%
2020 PSU Grants
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Expected volatility of the Company's class A common stock		34.10%
Expected annual dividend yield		9.30%
Risk-free rate (per annum)		0.40%
2019 PSU Grants
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Expected volatility of the Company's class A common stock		26.20%
2019 PSU Grants | Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Expected annual dividend yield		8.50%
Risk-free rate (per annum)		2.20%
2019 PSU Grants | Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Expected annual dividend yield		8.70%
Risk-free rate (per annum)		2.40%
LTIP Units
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
LTIP units issued (in shares)	10,000,000	0
Target share price for LTIP vesting (in dollars per share)	$ 10
LTIP vesting period, threshold of consecutive trading days	90 days
LTIP Units | 2020 LTIP Grant
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Expected volatility of the Company's class A common stock		43.10%
Expected annual dividend yield		0.00%
Risk-free rate (per annum)		0.20%
LTIP Units | 2019 LTIP Grant
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Expected volatility of the Company's class A common stock		28.30%
Expected annual dividend yield		8.10%
Risk-free rate (per annum)		1.80%

Equity-Based Compensation - Com

Equity-Based Compensation - Components of Share-Based Compensation (Details) - Compensation expense - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense (including $1,194, $568 and $345 related to dividend equivalent rights)	$ 38,268	$ 22,892	$ 16,456
Amortization of fair value of dividend equivalent right	$ 1,194	$ 568	$ 345

Equity-Based Compensation - Non

Equity-Based Compensation - Nonvested Shares Under Director Stock Plan and Equity Incentive Plan (Details) - $ / shares	1 Months Ended	12 Months Ended
	Jul. 31, 2019	Dec. 31, 2021
Number of Shares [Roll Forward]
Unvested shares and units beginning period (in shares)		42,424,062
Granted (in shares)		7,764,898
Vested (in shares)		(10,280,904)
Forfeited (in shares)		(1,077,829)
Unvested shares and units period end (in shares)		38,830,227
Weighted Average Grant Date Fair Value [Roll Forward]
Unvested shares and units beginning period (in dollars per share)		$ 2.10
Granted (in dollars per share)		6.79
Vested (in dollars per share)		3.43
Forfeited (in dollars per share)		3.72
Unvested shares and units period end (in dollars per share)		$ 2.51
Restricted Stock
Number of Shares [Roll Forward]
Unvested shares and units beginning period (in shares)		10,728,712
Granted (in shares)		5,000,514
Vested (in shares)		(7,371,722)
Forfeited (in shares)		(167,241)
Unvested shares and units period end (in shares)		8,190,263
LTIP Units
Number of Shares [Roll Forward]
Unvested shares and units beginning period (in shares)		11,845,018
Granted (in shares)	10,000,000	0
Vested (in shares)		(1,383,762)
Forfeited (in shares)		0
Unvested shares and units period end (in shares)		10,461,256
DSUs
Number of Shares [Roll Forward]
Unvested shares and units beginning period (in shares)		324,877
Granted (in shares)		152,395
Vested (in shares)		(350,087)
Forfeited (in shares)		(25,437)
Unvested shares and units period end (in shares)		101,748
RSUs
Number of Shares [Roll Forward]
Unvested shares and units beginning period (in shares)		9,589,564
Granted (in shares)		0
Vested (in shares)		0
Forfeited (in shares)		0
Unvested shares and units period end (in shares)		9,589,564
PSUs
Number of Shares [Roll Forward]
Unvested shares and units beginning period (in shares)		9,935,891
Granted (in shares)		2,611,989
Vested (in shares)		(1,175,333)
Forfeited (in shares)		(885,151)
Unvested shares and units period end (in shares)		10,487,396
Weighted Average Grant Date Fair Value [Roll Forward]
Unvested shares and units beginning period (in dollars per share)		$ 2.78
Granted (in dollars per share)		8.18
Vested (in dollars per share)		5.09
Forfeited (in dollars per share)		4.92
Unvested shares and units period end (in dollars per share)		$ 3.69

Transactions with Affiliates -

Transactions with Affiliates - Summary of Amounts Due to Manager or its Affiliates (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Related Party Transaction [Line Items]
Due from affiliates	$ 49,230	$ 23,227
Due to Affiliates (Note 7)	0	601
Fee income
Related Party Transaction [Line Items]
Due from affiliates	41,859	17,141
Cost reimbursements and recoverable expenses
Related Party Transaction [Line Items]
Due from affiliates	7,317	5,545
Employees and other affiliates
Related Party Transaction [Line Items]
Due from affiliates	54	541
Due to Affiliates (Note 7)	$ 0	$ 601

Transactions with Affiliates _2

Transactions with Affiliates - Narrative (Details) - USD ($)	1 Months Ended		3 Months Ended		12 Months Ended
	Jul. 31, 2020	Dec. 31, 2019	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Jul. 24, 2019
Related Party Transaction [Line Items]
OP Units issued					$ 0	$ 0	$ 114,865,000
Equity method investments			$ 673,096,000	$ 574,511,000	673,096,000	574,511,000		$ 0
Noncontrolling Interest Net Income
Related Party Transaction [Line Items]
Carried interest allocation					17,600,000	3,200,000	0
Cost reimbursements | Corporate Aircraft Use Reimbursement
Related Party Transaction [Line Items]
Revenue from contract with customer						700,000	1,400,000
Cost reimbursements | Affiliated Entity
Related Party Transaction [Line Items]
Revenue from contract with customer					10,200,000	8,800,000	13,200,000
DataBank
Related Party Transaction [Line Items]
OP Units issued		$ 3,000,000					2,962,000
Affiliated Entity
Related Party Transaction [Line Items]
Revenue from contract with customer					10,185,000	8,828,000	13,245,000
Affiliated Entity | Investment Vehicles | Redeemable noncontrolling interests
Related Party Transaction [Line Items]
Investments			19,500,000	10,200,000	19,500,000	10,200,000
Net income (loss) attributable to noncontrolling interests					2,100,000	800,000	2,500,000
Affiliated Entity | NorthStar Healthcare | DigitalBridge Operating Company | Secured Fund Fee Revenue Notes | Revolving Credit Facility
Related Party Transaction [Line Items]
Maximum principal amount of credit facility			35,000,000		$ 35,000,000
Extension option, term					6 months
Commitment fee on unused portion of facility					$ 0
Affiliated Entity | NorthStar Healthcare | DigitalBridge Operating Company | Secured Fund Fee Revenue Notes | Revolving Credit Facility | LIBOR
Related Party Transaction [Line Items]
Basis spread on variable rate					3.50%
Chief Executive Officer | Cost reimbursements
Related Party Transaction [Line Items]
Reimbursement of chartered flight cost					$ 3,000,000	$ 1,800,000	$ 300,000
Chief Executive Officer | Vantage SDC
Related Party Transaction [Line Items]
Invested by related party	$ 8,700,000
Percent of carried interest payments	40.00%
Chief Investment Officer | Vantage SDC
Related Party Transaction [Line Items]
Invested by related party	$ 2,100,000
Percent of carried interest payments	40.00%
Former Owner
Related Party Transaction [Line Items]
Carried interest allocation			20,800,000	$ 3,200,000
Former Employee
Related Party Transaction [Line Items]
Advanced expenses					5,600,000
Former Employee | Investment Venture
Related Party Transaction [Line Items]
Equity method investments			$ 26,000,000		$ 26,000,000

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($)	3 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Unrecognized tax benefits		$ 0
Deferred income tax benefit	$ 66,800,000	97,550,000	$ 50,513,000	$ 13,216,000
Valuation allowance		$ (12,766,000)	$ (1,852,000)

Income Taxes - Income Tax Provi

Income Taxes - Income Tax Provision (Benefit) (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Current
Federal		$ 3,355	$ (3,019)	$ (1,860)
State and local		(20)	(104)	(727)
Foreign		(347)	(327)	(14)
Total current tax benefit (expense)		2,988	(3,450)	(2,601)
Deferred
Federal		94,659	41,603	11,048
State and local		2,491	8,910	2,168
Foreign		400	0	0
Total deferred tax benefit	$ 66,800	97,550	50,513	13,216
Income tax benefit on continuing operations		$ 100,538	$ 47,063	$ 10,615

Income Taxes - Deferred Tax Ass

Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Deferred tax asset
Net operating and capital loss carry forwards	$ 21,552	$ 36,325
Equity-based compensation	11,486	12,909
Real estate, leases and related intangible liabilities	14,853	0
Deferred income	535	1,121
Deferred interest expense	1,799	11,503
Lease liability—corporate offices	19,295	25,069
Gross deferred tax asset	69,520	86,927
Valuation allowance	(12,766)	(1,852)
Deferred tax asset, net of valuation allowance	56,754	85,075
Deferred tax liability
Real estate, leases and related intangible assets	0	105,997
Investment in partnerships	22,399	518
Other intangible assets	5,528	17,727
ROU lease asset—corporate offices	14,274	26,344
Other	7,857	33
Gross deferred tax liability	50,058	150,619
Net deferred tax asset	6,696
Net deferred tax liability		(65,544)
Deferred tax assets recognized on NOL	$ 89,800	$ 153,000

Income Taxes - Effective Income

Income Taxes - Effective Income Tax (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Loss from continuing operations before income taxes	$ (317,361)	$ (638,151)	$ (560,103)
(Income) loss from continuing operations before income taxes attributable to pass-through subsidiaries	198,180	386,352	513,903
Loss from continuing operations before income taxes attributable to taxable subsidiaries	(119,181)	(251,799)	(46,200)
Federal tax benefit at statutory tax rate (at 21%)	25,028	52,878	9,702
State and local income taxes, net of federal income tax benefit	3,721	3,008	620
Foreign income tax differential	(86)	0	0
Equity-based compensation	1,814	(4,121)	0
Not subject to tax under REIT election by DataBank	79,547	0	0
Valuation allowance, net	(10,914)	(1,852)	0
Other	1,428	(2,850)	293
Income tax benefit on continuing operations	$ 100,538	$ 47,063	$ 10,615

Segment Reporting - Narrative (

Segment Reporting - Narrative (Details) $ in Millions	12 Months Ended
	Dec. 31, 2021USD ($)portfolioCompanysegment	Dec. 31, 2020USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | segment	2
Number of companies in which the company has equity interest | portfolioCompany	2
Digital Investment Management | Investor
Segment Reporting Information [Line Items]
Revenue, percentage of earnings	31.50%
Digital Investment Management | Intersegment Eliminations
Segment Reporting Information [Line Items]
Property management fee revenue | $	$ 6.6	$ 1.5
Digital Operating | zColo US and UK
Segment Reporting Information [Line Items]
Ownership percentage	20.00%
Digital Operating | Vantage SDC
Segment Reporting Information [Line Items]
Ownership percentage	13.00%

Segment Reporting - Summary of

Segment Reporting - Summary of Operating Results for Each Reportable Operating Segments (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Segment Reporting Information [Line Items]
Total revenues		$ 965,799	$ 416,430	$ 61,033
Property operating expense		316,178	119,834	2,197
Interest expense		186,949	120,829	41,191
Depreciation and amortization		539,695	241,020	18,251
Impairment loss		0	25,079	649
Equity method earnings, including carried interest		226,477	(260,579)	(217,153)
Income tax benefit (expense)		100,538	47,063	10,615
Income (loss) from continuing operations	$ (33,372)	(216,823)	(591,088)	(549,488)
Net income (loss) from continuing operations attributable to DigitalBridge Group, Inc.		(72,639)	(435,748)	(508,143)
Net income from discontinued operations attributable to DigitalBridge Group, Inc.		(237,458)	(2,240,011)	(540,664)
Net loss attributable to DigitalBridge Group, Inc.		(310,097)	(2,675,759)	(1,048,807)
Operating Segments | Digital Investment Management
Segment Reporting Information [Line Items]
Total revenues		191,682	85,782	34,368
Property operating expense		0	0	0
Interest expense		4,766	0	3,230
Depreciation and amortization		26,736	26,056	10,406
Impairment loss			3,832	0
Equity method earnings, including carried interest		101,811	13,039	7,112
Income tax benefit (expense)		(9,822)	(60)	(15,094)
Income (loss) from continuing operations		90,915	11,155	48,942
Net income (loss) from continuing operations attributable to DigitalBridge Group, Inc.		51,531	10,423	44,808
Operating Segments | Digital Operating
Segment Reporting Information [Line Items]
Total revenues		763,199	313,283	6,039
Property operating expense		316,178	119,729	2,197
Interest expense		125,387	77,976	1,272
Depreciation and amortization		495,342	210,188	1,803
Impairment loss			0	0
Equity method earnings, including carried interest		0	0	0
Income tax benefit (expense)		79,075	21,461	(10)
Income (loss) from continuing operations		(230,841)	(132,063)	(691)
Net income (loss) from continuing operations attributable to DigitalBridge Group, Inc.		(36,664)	(20,903)	(124)
Corporate, Non-Segment
Segment Reporting Information [Line Items]
Total revenues		10,918	17,365	20,626
Property operating expense		0	105	0
Interest expense		56,796	42,853	36,689
Depreciation and amortization		17,617	4,776	6,042
Impairment loss			21,247	649
Equity method earnings, including carried interest		124,666	(273,618)	(224,265)
Income tax benefit (expense)		31,285	25,662	25,719
Income (loss) from continuing operations		(76,897)	(470,180)	(597,739)
Net income (loss) from continuing operations attributable to DigitalBridge Group, Inc.		$ (87,506)	$ (425,268)	$ (552,827)

Segment Reporting - Assets and

Segment Reporting - Assets and Equity Method Investments of Reportable Operating Segments (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020	Jul. 24, 2019
Segment Reporting Information [Line Items]
Total Assets	$ 14,197,816,000	$ 20,200,560,000
Equity Method Investments	673,096,000	574,511,000	$ 0
Equity Method Investments, including discontinued operations	855,648,000	1,454,240,000
Held for disposition
Segment Reporting Information [Line Items]
Total Assets	3,676,615,000	11,237,319,000
Equity Method Investments	182,552,000	879,729,000
Operating Segments | Digital Investment Management
Segment Reporting Information [Line Items]
Total Assets, excluding discontinued operations	655,152,000	490,632,000
Equity Method Investments	140,027,000	19,167,000
Operating Segments | Digital Operating
Segment Reporting Information [Line Items]
Total Assets, excluding discontinued operations	7,608,451,000	6,926,634,000
Equity Method Investments	0	0
Corporate, Non-Segment
Segment Reporting Information [Line Items]
Total Assets, excluding discontinued operations	2,257,598,000	1,545,975,000
Equity Method Investments	533,069,000	555,344,000
Operating Segments And Corporate, Non-Segment
Segment Reporting Information [Line Items]
Total Assets, excluding discontinued operations	10,521,201,000	8,963,241,000
Equity Method Investments	$ 673,096,000	$ 574,511,000

Segment Reporting - Geographic

Segment Reporting - Geographic Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Segment Reporting Information [Line Items]
Total income by geography	$ 1,182,091	$ 401,488	$ 41,723
Long-lived assets by geography	6,535,884	6,181,072
Impairment loss	0	25,079	649
Private funds and non-traded REIT | Nonrecurring
Segment Reporting Information [Line Items]
Impairment loss	224,500	237,500	30,000
Equity Method Investment | BRSP
Segment Reporting Information [Line Items]
Adjustments for any impairment or observable price changes	0	254,500	211,100
United States
Segment Reporting Information [Line Items]
Total income by geography	1,112,265	382,920	41,723
Long-lived assets by geography	4,986,538	5,480,889
Europe
Segment Reporting Information [Line Items]
Total income by geography	18,147	1,442	0
Long-lived assets by geography	915,728	75,503
Other
Segment Reporting Information [Line Items]
Total income by geography	51,679	17,126	$ 0
Long-lived assets by geography	$ 633,618	$ 624,680

Commitments and Contingencies -

Commitments and Contingencies - Narrative (Details)	Dec. 31, 2021
Investment Properties
Operating Leased Assets [Line Items]
Finance lease, remaining term	11 years 4 months 24 days
Operating lease, remaining term	10 years 1 month 6 days
Corporate Offices
Operating Leased Assets [Line Items]
Operating lease, remaining term	5 years 8 months 12 days

Commitments and Contingencies_2

Commitments and Contingencies - Lease Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Investment Properties
Leases, Operating [Abstract]
Fixed lease expense	$ 63,356	$ 18,456
Variable lease expense	14,897	5,612
Total operating lease cost	78,253	24,068
Finance leases:
Interest expense	8,936	414
Amortization of ROU lease asset	11,648	475
Total finance lease cost	20,584	889
Corporate Offices
Leases, Operating [Abstract]
Fixed lease expense	7,010	9,005	$ 7,948
Variable lease expense	1,829	1,986	1,314
Total operating lease cost	$ 8,839	$ 10,991	$ 9,262

Commitments and Contingencies_3

Commitments and Contingencies - Future Lease Payments (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Finance Leases
Finance lease liability	$ 142,777	$ 148,974
Operating Leases
Operating lease liability	$ 342,510	$ 341,561
Investment Properties
Lessor, Lease, Description [Line Items]
Finance lease, weighted average discount rate	6.20%
Operating lease, weighted average discount rate	6.50%
Finance Leases
2022	$ 15,673
2023	15,942
2024	16,332
2025	16,735
2026	17,312
2027 and thereafter	119,555
Total lease payments	201,549
Present value discount	(58,772)
Finance lease liability	142,777
Operating Leases
2022	51,122
2023	51,144
2024	47,988
2025	37,335
2026	33,629
2027 and thereafter	248,915
Total lease payments	470,133
Present value discount	(170,421)
Operating lease liability	$ 299,712
Corporate Offices
Lessor, Lease, Description [Line Items]
Operating lease, weighted average discount rate	4.60%
Operating Leases
2022	$ 9,855
2023	9,109
2024	9,564
2025	8,296
2026	6,325
2027 and thereafter	8,998
Total lease payments	52,147
Present value discount	(9,349)
Operating lease liability	$ 42,798

Supplemental Disclosure of Ca_3

Supplemental Disclosure of Cash Flow Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Supplemental Disclosure of Cash Flow Information
Cash paid for interest, net of amounts capitalized of $1,567, $852 and $3,192	$ 444,365	$ 392,004	$ 523,533
Interest capitalized	1,567	852	3,192
Cash received (paid) for income tax, net	5,927	39,151	(12,595)
Operating lease payments	66,858	31,138	16,234
Finance lease payments	15,346	889	0
Supplemental Disclosure of Cash Flows from Discontinued Operations
Net cash provided by operating activities of discontinued operations	175,782	106,696	628,583
Net cash provided by investing activities of discontinued operations	1,021,239	1,029,647	4,493,362
Net cash used in financing activities of discontinued operations	(658,831)	(940,441)	(3,406,575)
Supplemental Disclosure of Noncash Investing and Financing Activities
Dividends and distributions payable	15,759	18,516	83,301
Improvements in operating real estate in accrued and other liabilities	17,926	27,096	20,230
Receivable from loan repayments and asset sales	14,045	1,858	63,984
Operating lease right-of-use assets and lease liabilities established	31,032	262,169	139,157
Finance lease right-of-use assets and lease liabilities established	0	148,974	0
Redemption of OP Units for common stock	4,647	7,757	2,104
Preferred stock redemptions payable	0	0	402,855
Exchange of notes into shares of Class A common stock	161,261	0	0
Assets and liabilities of investment entities liquidated or conveyed to lender	0	172,927	0
Assets consolidated from real estate acquisitions, net of cash and restricted cash	0	5,399,611	0
Liabilities assumed in real estate acquisitions	0	1,854,760	0
Noncontrolling interests assumed in real estate acquisitions	0	366,136	0
Deferred cash consideration for acquisition of DBH (Note 3)	0	0	32,500
Issuance of OP Units for business combinations (Note 3)	0	0	114,865
Distributions payable to noncontrolling interests included in other liabilities	0	0	3,986
Foreclosures and exchanges of loans receivable for real estate	0	0	28,562
Debt assumed by buyer in sale of real estate	44,148	0	295,562
Financing provided to buyer in sale of real estate	0	0	4,000
Fair value of Digital Colony Manager contract intangible consolidated (Note 3)	0	0	51,400
Assets acquired in business combinations, net of cash and restricted cash acquired (Note 3)	0	0	2,098,313
Liabilities assumed in business combinations (Note 3)	0	0	818,449
Noncontrolling interests assumed in business combinations (Note 3)	0	0	724,567
Assets disposed in sale of equity of investment entities or sale by receiver (Note 12)	5,263,443	395,351	0
Liabilities disposed in sale of equity of investment entities or sale by receiver (Note 12)	4,291,557	235,425	0
Assets of investment entities deconsolidated	351,022	80,921	0
Noncontrolling interests of investment entities deconsolidated	$ 1,080,134	$ 0	$ 0

Subsequent Events - Narrative (

Subsequent Events - Narrative (Details) $ in Millions	3 Months Ended
	Sep. 30, 2021USD ($)
DataBank
Subsequent Event [Line Items]
Purchase Price	$ 38.5

Schedule III - Real Estate an_2

Schedule III - Real Estate and Accumulative Depreciation - Net Carrying Amount (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Gross Cost Basis
Total	$ 8,777,385	$ 14,028,516	$ 12,702,355	$ 15,500,802
Accumulated Depreciation	(725,685)	$ (1,397,627)	$ (1,042,422)	$ (1,029,386)
Net Carrying Amount	8,051,700
Real Estate
Gross Cost Basis
Real Estate tax basis	3,000,000
Real Estate Held for Disposition
Gross Cost Basis
Real Estate tax basis	8,100,000
Data Centers - Colocation - Owned | California
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	31,466
Initial Cost
Land	10,574
Buildings and Improvements	40,300
Costs Capitalized	2,592
Gross Cost Basis
Land	10,574
Buildings and Improvements	42,892
Total	53,466
Accumulated Depreciation	(2,933)
Net Carrying Amount	50,533
Data Centers - Colocation - Owned | Denver Colorado 1
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	27,276
Initial Cost
Land	2,405
Buildings and Improvements	41,695
Costs Capitalized	5,304
Gross Cost Basis
Land	2,405
Buildings and Improvements	46,999
Total	49,404
Accumulated Depreciation	(2,654)
Net Carrying Amount	46,750
Data Centers - Colocation - Owned | Denver Colorado 5
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	9,152
Initial Cost
Land	1,690
Buildings and Improvements	13,106
Costs Capitalized	12,360
Gross Cost Basis
Land	1,690
Buildings and Improvements	25,466
Total	27,156
Accumulated Depreciation	0
Net Carrying Amount	27,156
Data Centers - Colocation - Owned | Westminister Colorado 4
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	8,831
Initial Cost
Land	992
Buildings and Improvements	13,286
Costs Capitalized	82
Gross Cost Basis
Land	992
Buildings and Improvements	13,368
Total	14,360
Accumulated Depreciation	(722)
Net Carrying Amount	13,638
Data Centers - Colocation - Owned | Atlanta Georgia 1
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	75,254
Initial Cost
Land	0
Buildings and Improvements	75,594
Costs Capitalized	16,372
Gross Cost Basis
Land	0
Buildings and Improvements	91,966
Total	91,966
Accumulated Depreciation	(10,832)
Net Carrying Amount	81,134
Data Centers - Colocation - Owned | Atlanta Georgia 2 And 3
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	46,457
Initial Cost
Land	1,467
Buildings and Improvements	73,642
Costs Capitalized	10,428
Gross Cost Basis
Land	1,467
Buildings and Improvements	84,070
Total	85,537
Accumulated Depreciation	(5,937)
Net Carrying Amount	79,600
Data Centers - Colocation - Owned | Atlanta Georgia 4
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost
Land	0
Buildings and Improvements	0
Costs Capitalized	21
Gross Cost Basis
Land	0
Buildings and Improvements	21
Total	21
Accumulated Depreciation	0
Net Carrying Amount	21
Data Centers - Colocation - Owned | Lenexa Kansas 3
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	43,242
Initial Cost
Land	884
Buildings and Improvements	15,089
Costs Capitalized	404
Gross Cost Basis
Land	884
Buildings and Improvements	15,493
Total	16,377
Accumulated Depreciation	(601)
Net Carrying Amount	15,776
Data Centers - Colocation - Owned | Overland Park Kansas 2
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	48,050
Initial Cost
Land	453
Buildings and Improvements	58,394
Costs Capitalized	1,332
Gross Cost Basis
Land	453
Buildings and Improvements	59,726
Total	60,179
Accumulated Depreciation	(8,374)
Net Carrying Amount	51,805
Data Centers - Colocation - Owned | MINNESOTA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost
Land	5,116
Buildings and Improvements	0
Costs Capitalized	47,980
Gross Cost Basis
Land	5,116
Buildings and Improvements	47,980
Total	53,096
Accumulated Depreciation	0
Net Carrying Amount	53,096
Data Centers - Colocation - Owned | NEW YORK
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost
Land	23,704
Buildings and Improvements	0
Costs Capitalized	24
Gross Cost Basis
Land	23,704
Buildings and Improvements	24
Total	23,728
Accumulated Depreciation	0
Net Carrying Amount	23,728
Data Centers - Colocation - Owned | PENNSYLVANIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	41,957
Initial Cost
Land	1,555
Buildings and Improvements	36,682
Costs Capitalized	14,044
Gross Cost Basis
Land	1,555
Buildings and Improvements	50,726
Total	52,281
Accumulated Depreciation	(7,046)
Net Carrying Amount	45,235
Data Centers - Colocation - Owned | Dallas Texas 4
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	29,645
Initial Cost
Land	1,896
Buildings and Improvements	46,034
Costs Capitalized	1,006
Gross Cost Basis
Land	1,896
Buildings and Improvements	47,040
Total	48,936
Accumulated Depreciation	(3,515)
Net Carrying Amount	45,421
Data Centers - Colocation - Owned | Piano Texas 3
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	216,467
Initial Cost
Land	12,039
Buildings and Improvements	58,097
Costs Capitalized	16,644
Gross Cost Basis
Land	12,039
Buildings and Improvements	74,741
Total	86,780
Accumulated Depreciation	(7,806)
Net Carrying Amount	78,974
Data Centers - Colocation - Owned | Bluffdale Utah 2
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	84,652
Initial Cost
Land	3,729
Buildings and Improvements	95,689
Costs Capitalized	5,322
Gross Cost Basis
Land	3,729
Buildings and Improvements	101,011
Total	104,740
Accumulated Depreciation	(13,473)
Net Carrying Amount	91,267
Data Centers - Colocation - Owned | Bluffdale Utah 3
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	92,596
Initial Cost
Land	2,699
Buildings and Improvements	106,464
Costs Capitalized	5,843
Gross Cost Basis
Land	2,699
Buildings and Improvements	112,307
Total	115,006
Accumulated Depreciation	(15,175)
Net Carrying Amount	99,831
Data Centers - Colocation - Owned | Bluffdale Utah 4
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	45,747
Initial Cost
Land	1,491
Buildings and Improvements	52,862
Costs Capitalized	2,071
Gross Cost Basis
Land	1,491
Buildings and Improvements	54,933
Total	56,424
Accumulated Depreciation	(7,102)
Net Carrying Amount	49,322
Data Centers - Colocation - Owned | Bluffdale Utah 5
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	71,322
Initial Cost
Land	3,104
Buildings and Improvements	32,485
Costs Capitalized	47,809
Gross Cost Basis
Land	3,104
Buildings and Improvements	80,294
Total	83,398
Accumulated Depreciation	(6,503)
Net Carrying Amount	76,895
Data Centers - Colocation - Owned | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,804
Initial Cost
Land	12,618
Buildings and Improvements	0
Costs Capitalized	5,319
Gross Cost Basis
Land	12,618
Buildings and Improvements	5,319
Total	17,937
Accumulated Depreciation	0
Net Carrying Amount	17,937
Data Centers - Colocation - Owned | Bluffdale Utah 6
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost
Land	4,064
Buildings and Improvements	0
Costs Capitalized	36,820
Gross Cost Basis
Land	4,064
Buildings and Improvements	36,820
Total	40,884
Accumulated Depreciation	0
Net Carrying Amount	40,884
Data Centers - Colocation - Leased | Irvine California 2
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	21,206
Initial Cost
Land	0
Buildings and Improvements	34,286
Costs Capitalized	1,108
Gross Cost Basis
Land	0
Buildings and Improvements	35,394
Total	35,394
Accumulated Depreciation	(3,053)
Net Carrying Amount	32,341
Data Centers - Colocation - Leased | Los Angeles California 1
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	12,294
Initial Cost
Land	0
Buildings and Improvements	19,876
Costs Capitalized	41
Gross Cost Basis
Land	0
Buildings and Improvements	19,917
Total	19,917
Accumulated Depreciation	(1,739)
Net Carrying Amount	18,178
Data Centers - Colocation - Leased | San Diego California 1
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	9,282
Initial Cost
Land	0
Buildings and Improvements	15,007
Costs Capitalized	1,553
Gross Cost Basis
Land	0
Buildings and Improvements	16,560
Total	16,560
Accumulated Depreciation	(1,392)
Net Carrying Amount	15,168
Data Centers - Colocation - Leased | San Diego California 2
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	338
Initial Cost
Land	0
Buildings and Improvements	547
Costs Capitalized	84
Gross Cost Basis
Land	0
Buildings and Improvements	631
Total	631
Accumulated Depreciation	(52)
Net Carrying Amount	579
Data Centers - Colocation - Leased | Santa Clara California 1
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	19,116
Initial Cost
Land	0
Buildings and Improvements	30,907
Costs Capitalized	418
Gross Cost Basis
Land	0
Buildings and Improvements	31,325
Total	31,325
Accumulated Depreciation	(2,722)
Net Carrying Amount	28,603
Data Centers - Colocation - Leased | Denver Colorado 2
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	23,973
Initial Cost
Land	0
Buildings and Improvements	38,759
Costs Capitalized	541
Gross Cost Basis
Land	0
Buildings and Improvements	39,300
Total	39,300
Accumulated Depreciation	(3,414)
Net Carrying Amount	35,886
Data Centers - Colocation - Leased | Denver Colorado 3
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	11,310
Initial Cost
Land	0
Buildings and Improvements	18,286
Costs Capitalized	157
Gross Cost Basis
Land	0
Buildings and Improvements	18,443
Total	18,443
Accumulated Depreciation	(1,606)
Net Carrying Amount	16,837
Data Centers - Colocation - Leased | Chicago Illinois 1
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,376
Initial Cost
Land	0
Buildings and Improvements	11,926
Costs Capitalized	324
Gross Cost Basis
Land	0
Buildings and Improvements	12,250
Total	12,250
Accumulated Depreciation	(1,059)
Net Carrying Amount	11,191
Data Centers - Colocation - Leased | Chicago Illinois 2
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	11,310
Initial Cost
Land	0
Buildings and Improvements	18,286
Costs Capitalized	417
Gross Cost Basis
Land	0
Buildings and Improvements	18,703
Total	18,703
Accumulated Depreciation	(1,619)
Net Carrying Amount	17,084
Data Centers - Colocation - Leased | Chicago Illinois 4
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	55,937
Initial Cost
Land	0
Buildings and Improvements	90,437
Costs Capitalized	2,212
Gross Cost Basis
Land	0
Buildings and Improvements	92,649
Total	92,649
Accumulated Depreciation	(8,016)
Net Carrying Amount	84,633
Data Centers - Colocation - Leased | Mount Prospect Illinois 3
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	11,618
Initial Cost
Land	0
Buildings and Improvements	18,783
Costs Capitalized	833
Gross Cost Basis
Land	0
Buildings and Improvements	19,616
Total	19,616
Accumulated Depreciation	(1,684)
Net Carrying Amount	17,932
Data Centers - Colocation - Leased | ARIZONA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,962
Initial Cost
Land	0
Buildings and Improvements	9,640
Costs Capitalized	64
Gross Cost Basis
Land	0
Buildings and Improvements	9,704
Total	9,704
Accumulated Depreciation	(846)
Net Carrying Amount	8,858
Data Centers - Colocation - Leased | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	9,036
Initial Cost
Land	0
Buildings and Improvements	14,609
Costs Capitalized	1,405
Gross Cost Basis
Land	0
Buildings and Improvements	16,014
Total	16,014
Accumulated Depreciation	(1,349)
Net Carrying Amount	14,665
Data Centers - Colocation - Leased | INDIANA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	72,091
Initial Cost
Land	0
Buildings and Improvements	19,747
Costs Capitalized	11,238
Gross Cost Basis
Land	0
Buildings and Improvements	30,985
Total	30,985
Accumulated Depreciation	(4,684)
Net Carrying Amount	26,301
Data Centers - Colocation - Leased | KANSAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	6,490
Initial Cost
Land	0
Buildings and Improvements	5,286
Costs Capitalized	2,942
Gross Cost Basis
Land	0
Buildings and Improvements	8,228
Total	8,228
Accumulated Depreciation	(1,231)
Net Carrying Amount	6,997
Data Centers - Colocation - Leased | MASSACHUSETTS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,749
Initial Cost
Land	0
Buildings and Improvements	6,062
Costs Capitalized	66
Gross Cost Basis
Land	0
Buildings and Improvements	6,128
Total	6,128
Accumulated Depreciation	(533)
Net Carrying Amount	5,595
Data Centers - Colocation - Leased | MARYLAND
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost
Land	0
Buildings and Improvements	16,002
Costs Capitalized	737
Gross Cost Basis
Land	0
Buildings and Improvements	16,739
Total	16,739
Accumulated Depreciation	(2,877)
Net Carrying Amount	13,862
Data Centers - Colocation - Leased | Eagan Minnesota 2
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	39,720
Initial Cost
Land	0
Buildings and Improvements	48,762
Costs Capitalized	1,504
Gross Cost Basis
Land	0
Buildings and Improvements	50,266
Total	50,266
Accumulated Depreciation	(7,442)
Net Carrying Amount	42,824
Data Centers - Colocation - Leased | Edina Minnesota 1
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,219
Initial Cost
Land	0
Buildings and Improvements	9,113
Costs Capitalized	247
Gross Cost Basis
Land	0
Buildings and Improvements	9,360
Total	9,360
Accumulated Depreciation	(1,577)
Net Carrying Amount	7,783
Data Centers - Colocation - Leased | Minneapolis Minnesota 4
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,241
Initial Cost
Land	0
Buildings and Improvements	6,857
Costs Capitalized	32
Gross Cost Basis
Land	0
Buildings and Improvements	6,889
Total	6,889
Accumulated Depreciation	(601)
Net Carrying Amount	6,288
Data Centers - Colocation - Leased | Newark New Jersey 1
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	13,400
Initial Cost
Land	0
Buildings and Improvements	21,665
Costs Capitalized	580
Gross Cost Basis
Land	0
Buildings and Improvements	22,245
Total	22,245
Accumulated Depreciation	(1,923)
Net Carrying Amount	20,322
Data Centers - Colocation - Leased | Piscataway New Jersey 2
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	14,568
Initial Cost
Land	0
Buildings and Improvements	23,553
Costs Capitalized	266
Gross Cost Basis
Land	0
Buildings and Improvements	23,819
Total	23,819
Accumulated Depreciation	(2,072)
Net Carrying Amount	21,747
Data Centers - Colocation - Leased | NEVADA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	15,306
Initial Cost
Land	0
Buildings and Improvements	24,746
Costs Capitalized	10,182
Gross Cost Basis
Land	0
Buildings and Improvements	34,928
Total	34,928
Accumulated Depreciation	(2,690)
Net Carrying Amount	32,238
Data Centers - Colocation - Leased | New York New York 1
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	8,913
Initial Cost
Land	0
Buildings and Improvements	14,410
Costs Capitalized	1,088
Gross Cost Basis
Land	0
Buildings and Improvements	15,498
Total	15,498
Accumulated Depreciation	(1,315)
Net Carrying Amount	14,183
Data Centers - Colocation - Leased | New York New York 2
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	9,896
Initial Cost
Land	0
Buildings and Improvements	16,000
Costs Capitalized	199
Gross Cost Basis
Land	0
Buildings and Improvements	16,199
Total	16,199
Accumulated Depreciation	(1,408)
Net Carrying Amount	14,791
Data Centers - Colocation - Leased | OHIO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	8,073
Initial Cost
Land	0
Buildings and Improvements	10,348
Costs Capitalized	122
Gross Cost Basis
Land	0
Buildings and Improvements	10,470
Total	10,470
Accumulated Depreciation	(1,766)
Net Carrying Amount	8,704
Data Centers - Colocation - Leased | Philadelphia Pennsylvania 1
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,565
Initial Cost
Land	0
Buildings and Improvements	5,764
Costs Capitalized	109
Gross Cost Basis
Land	0
Buildings and Improvements	5,873
Total	5,873
Accumulated Depreciation	(509)
Net Carrying Amount	5,364
Data Centers - Colocation - Leased | Pittsburgh Pennsylvania 1
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	28,788
Initial Cost
Land	0
Buildings and Improvements	37,128
Costs Capitalized	225
Gross Cost Basis
Land	0
Buildings and Improvements	37,353
Total	37,353
Accumulated Depreciation	(6,316)
Net Carrying Amount	31,037
Data Centers - Colocation - Leased | TENNESSEE
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,705
Initial Cost
Land	0
Buildings and Improvements	4,373
Costs Capitalized	611
Gross Cost Basis
Land	0
Buildings and Improvements	4,984
Total	4,984
Accumulated Depreciation	(414)
Net Carrying Amount	4,570
Data Centers - Colocation - Leased | Austin Texas 1
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,151
Initial Cost
Land	0
Buildings and Improvements	3,478
Costs Capitalized	214
Gross Cost Basis
Land	0
Buildings and Improvements	3,692
Total	3,692
Accumulated Depreciation	(315)
Net Carrying Amount	3,377
Data Centers - Colocation - Leased | Dallas Texas 1
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	76,678
Initial Cost
Land	0
Buildings and Improvements	93,451
Costs Capitalized	5,858
Gross Cost Basis
Land	0
Buildings and Improvements	99,309
Total	99,309
Accumulated Depreciation	(16,639)
Net Carrying Amount	82,670
Data Centers - Colocation - Leased | Dallas Texas 5
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	6,639
Initial Cost
Land	0
Buildings and Improvements	10,733
Costs Capitalized	381
Gross Cost Basis
Land	0
Buildings and Improvements	11,114
Total	11,114
Accumulated Depreciation	(957)
Net Carrying Amount	10,157
Data Centers - Colocation - Leased | Dallas Texas 6
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,057
Initial Cost
Land	0
Buildings and Improvements	6,559
Costs Capitalized	43
Gross Cost Basis
Land	0
Buildings and Improvements	6,602
Total	6,602
Accumulated Depreciation	(575)
Net Carrying Amount	6,027
Data Centers - Colocation - Leased | Dallas Texas 7
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	6,270
Initial Cost
Land	0
Buildings and Improvements	10,137
Costs Capitalized	354
Gross Cost Basis
Land	0
Buildings and Improvements	10,491
Total	10,491
Accumulated Depreciation	(904)
Net Carrying Amount	9,587
Data Centers - Colocation - Leased | Richardson Texas 2
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	24,103
Initial Cost
Land	0
Buildings and Improvements	28,756
Costs Capitalized	2,384
Gross Cost Basis
Land	0
Buildings and Improvements	31,140
Total	31,140
Accumulated Depreciation	(5,154)
Net Carrying Amount	25,986
Data Centers - Colocation - Leased | Waco Texas 1
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	6,270
Initial Cost
Land	0
Buildings and Improvements	10,137
Costs Capitalized	166
Gross Cost Basis
Land	0
Buildings and Improvements	10,303
Total	10,303
Accumulated Depreciation	(894)
Net Carrying Amount	9,409
Data Centers - Colocation - Leased | UTAH
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,241
Initial Cost
Land	0
Buildings and Improvements	9,144
Costs Capitalized	489
Gross Cost Basis
Land	0
Buildings and Improvements	9,633
Total	9,633
Accumulated Depreciation	(1,826)
Net Carrying Amount	7,807
Data Centers - Colocation - Leased | Ashburn Virginia 1
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	58,395
Initial Cost
Land	0
Buildings and Improvements	94,412
Costs Capitalized	3,993
Gross Cost Basis
Land	0
Buildings and Improvements	98,405
Total	98,405
Accumulated Depreciation	(8,455)
Net Carrying Amount	89,950
Data Centers - Colocation - Leased | McLean Virginia 2
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	6,786
Initial Cost
Land	0
Buildings and Improvements	10,972
Costs Capitalized	347
Gross Cost Basis
Land	0
Buildings and Improvements	11,319
Total	11,319
Accumulated Depreciation	(977)
Net Carrying Amount	10,342
Data Centers - Colocation - Leased | Seattle Washington 1
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,688
Initial Cost
Land	0
Buildings and Improvements	5,963
Costs Capitalized	100
Gross Cost Basis
Land	0
Buildings and Improvements	6,063
Total	6,063
Accumulated Depreciation	(526)
Net Carrying Amount	5,537
Data Centers - Colocation - Leased | Tukwila Washington 2
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,655
Initial Cost
Land	0
Buildings and Improvements	9,143
Costs Capitalized	472
Gross Cost Basis
Land	0
Buildings and Improvements	9,615
Total	9,615
Accumulated Depreciation	(823)
Net Carrying Amount	8,792
Data Centers - Colocation - Leased | Balma France 1
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,542
Initial Cost
Land	0
Buildings and Improvements	2,493
Costs Capitalized	92
Gross Cost Basis
Land	0
Buildings and Improvements	2,585
Total	2,585
Accumulated Depreciation	(161)
Net Carrying Amount	2,424
Data Centers - Colocation - Leased | Montpellier France 1
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,483
Initial Cost
Land	0
Buildings and Improvements	2,397
Costs Capitalized	150
Gross Cost Basis
Land	0
Buildings and Improvements	2,547
Total	2,547
Accumulated Depreciation	(158)
Net Carrying Amount	2,389
Data Centers - Colocation - Leased | Paris France 1
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	6,525
Initial Cost
Land	0
Buildings and Improvements	10,549
Costs Capitalized	1,069
Gross Cost Basis
Land	0
Buildings and Improvements	11,618
Total	11,618
Accumulated Depreciation	(715)
Net Carrying Amount	10,903
Data Centers - Colocation - Leased | Saint-Denis France 2
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,076
Initial Cost
Land	0
Buildings and Improvements	3,356
Costs Capitalized	0
Gross Cost Basis
Land	0
Buildings and Improvements	3,356
Total	3,356
Accumulated Depreciation	(210)
Net Carrying Amount	3,146
Data Centers - Colocation - Leased | Velizy-Villacoublay France 3
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,508
Initial Cost
Land	0
Buildings and Improvements	7,288
Costs Capitalized	1,551
Gross Cost Basis
Land	0
Buildings and Improvements	8,839
Total	8,839
Accumulated Depreciation	(536)
Net Carrying Amount	8,303
Data Centers - Colocation - Leased | UK
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	19,240
Initial Cost
Land	0
Buildings and Improvements	31,106
Costs Capitalized	198
Gross Cost Basis
Land	0
Buildings and Improvements	31,304
Total	31,304
Accumulated Depreciation	(2,728)
Net Carrying Amount	28,576
Data Centers - Hyperscale | Santa Clara California 11
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	350,369
Initial Cost
Land	29,659
Buildings and Improvements	410,347
Costs Capitalized	2,157
Gross Cost Basis
Land	29,659
Buildings and Improvements	412,504
Total	442,163
Accumulated Depreciation	(26,641)
Net Carrying Amount	415,522
Data Centers - Hyperscale | Santa Clara California 12
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	298,186
Initial Cost
Land	12,026
Buildings and Improvements	298,042
Costs Capitalized	204
Gross Cost Basis
Land	12,026
Buildings and Improvements	298,246
Total	310,272
Accumulated Depreciation	(22,216)
Net Carrying Amount	288,056
Data Centers - Hyperscale | Santa Clara California 13
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	99,395
Initial Cost
Land	10,276
Buildings and Improvements	115,031
Costs Capitalized	703
Gross Cost Basis
Land	10,276
Buildings and Improvements	115,734
Total	126,010
Accumulated Depreciation	(8,064)
Net Carrying Amount	117,946
Data Centers - Hyperscale | Santa Clara California 14
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	99,395
Initial Cost
Land	8,813
Buildings and Improvements	122,892
Costs Capitalized	274
Gross Cost Basis
Land	8,813
Buildings and Improvements	123,166
Total	131,979
Accumulated Depreciation	(8,676)
Net Carrying Amount	123,303
Data Centers - Hyperscale | Santa Clara California 15
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	273,337
Initial Cost
Land	15,123
Buildings and Improvements	383,146
Costs Capitalized	15,325
Gross Cost Basis
Land	15,123
Buildings and Improvements	398,471
Total	413,594
Accumulated Depreciation	(25,168)
Net Carrying Amount	388,426
Data Centers - Hyperscale | Santa Clara California 16
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	149,093
Initial Cost
Land	8,148
Buildings and Improvements	171,634
Costs Capitalized	183
Gross Cost Basis
Land	8,148
Buildings and Improvements	171,817
Total	179,965
Accumulated Depreciation	(12,499)
Net Carrying Amount	167,466
Data Centers - Hyperscale | Santa Clara California 21
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	295,940
Initial Cost
Land	11,394
Buildings and Improvements	326,807
Costs Capitalized	3,219
Gross Cost Basis
Land	11,394
Buildings and Improvements	330,026
Total	341,420
Accumulated Depreciation	(21,012)
Net Carrying Amount	320,408
Data Centers - Hyperscale | Santa Clara California 22
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	338,217
Initial Cost
Land	12,258
Buildings and Improvements	379,417
Costs Capitalized	35
Gross Cost Basis
Land	12,258
Buildings and Improvements	379,452
Total	391,710
Accumulated Depreciation	(4,045)
Net Carrying Amount	387,665
Data Centers - Hyperscale | Quincy Washington 11
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	99,361
Initial Cost
Land	1,742
Buildings and Improvements	151,754
Costs Capitalized	1,744
Gross Cost Basis
Land	1,742
Buildings and Improvements	153,498
Total	155,240
Accumulated Depreciation	(13,976)
Net Carrying Amount	141,264
Data Centers - Hyperscale | Quincy Washington 12
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	208,220
Initial Cost
Land	1,967
Buildings and Improvements	179,865
Costs Capitalized	26,742
Gross Cost Basis
Land	1,967
Buildings and Improvements	206,607
Total	208,574
Accumulated Depreciation	(11,993)
Net Carrying Amount	196,581
Data Centers - Hyperscale | Montreal Canada 11
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	79,964
Initial Cost
Land	2,236
Buildings and Improvements	157,182
Costs Capitalized	18,004
Gross Cost Basis
Land	2,236
Buildings and Improvements	175,186
Total	177,422
Accumulated Depreciation	(9,347)
Net Carrying Amount	168,075
Data Centers - Hyperscale | Quebec City Canada 21
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	133,226
Initial Cost
Land	900
Buildings and Improvements	133,256
Costs Capitalized	3,266
Gross Cost Basis
Land	900
Buildings and Improvements	136,522
Total	137,422
Accumulated Depreciation	(9,346)
Net Carrying Amount	128,076
Data Centers - Hyperscale | Quebec City Canada 22
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	232,072
Initial Cost
Land	1,566
Buildings and Improvements	254,954
Costs Capitalized	11,995
Gross Cost Basis
Land	1,566
Buildings and Improvements	266,949
Total	268,515
Accumulated Depreciation	(17,965)
Net Carrying Amount	250,550
Data Centers
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,217,482
Initial Cost
Land	206,588
Buildings and Improvements	4,784,985
Costs Capitalized	372,794
Gross Cost Basis
Land	206,588
Buildings and Improvements	5,157,779
Total	5,364,367
Accumulated Depreciation	(392,083)
Net Carrying Amount	4,972,284
Healthcare Segment | Continuing operations, Held for disposition
Gross Cost Basis
Net Carrying Amount	3,006,629
Other | Continuing operations, Held for disposition
Gross Cost Basis
Net Carrying Amount	$ 72,787
Minimum | Site improvements
Gross Cost Basis
Property, plant and equipment, useful life	5 years
Minimum | Building
Gross Cost Basis
Property, plant and equipment, useful life	5 years
Minimum | Building Improvements
Gross Cost Basis
Property, plant and equipment, useful life	5 years
Minimum | Data center infrastructure
Gross Cost Basis
Property, plant and equipment, useful life	10 years
Maximum | Site improvements
Gross Cost Basis
Property, plant and equipment, useful life	40 years
Maximum | Building
Gross Cost Basis
Property, plant and equipment, useful life	50 years
Maximum | Building Improvements
Gross Cost Basis
Property, plant and equipment, useful life	40 years
Maximum | Data center infrastructure
Gross Cost Basis
Property, plant and equipment, useful life	20 years

Schedule III - Real Estate an_3

Schedule III - Real Estate and Accumulative Depreciation - Real Estate Rollforward (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Real Estate, at Gross Cost Basis
Balance at January 1	$ 14,028,516	$ 12,702,355	$ 15,500,802
Asset acquisitions and business combinations	572,738	3,650,180	2,351,196
Measurement period adjustments for real estate acquired in business combinations	0	(8,405)	0
Foreclosures and exchanges of loans receivable for real estate	0	124,335	14,866
Improvements and capitalized costs	325,281	180,787	366,817
Dispositions	(5,744,919)	(869,776)	(5,197,705)
Impairment (Note 4)	(316,135)	(1,878,012)	(348,710)
Effect of changes in foreign exchange rates	(88,096)	127,052	15,089
Balance at December 31	8,777,385	14,028,516	12,702,355
Classified as held for disposition, net	(3,413,018)	(9,458,467)	(11,854,897)
SEC Schedule III, Real Estate, Held for Investment	$ 5,364,367	$ 4,570,049	$ 847,458

Schedule III - Real Estate an_4

Schedule III - Real Estate and Accumulative Depreciation - Accumulated Depreciation Rollforward (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Accumulated Depreciation
Balance at January 1	$ 1,397,627	$ 1,042,422	$ 1,029,386
Depreciation	345,769	420,209	500,240
Dispositions	(1,010,599)	(74,692)	(489,276)
Effect of changes in foreign exchange rates	(7,112)	9,688	2,072
Balance at December 31	725,685	1,397,627	1,042,422
Classified as held for disposition, net	(333,602)	(1,279,443)	(1,041,357)
Balance at December 31, held for investment	$ 392,083	$ 118,184	$ 1,065