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Business Combinations (Tables)
12 Months Ended
Dec. 31, 2013
Schedule of Consideration Transferred for Business Combination

The purchase price allocation reflects aggregate consideration of approximately $5.9 billion, as calculated below (in millions, except price per share):

 

 

ProLogis shares and limited partnership units outstanding at June 2, 2011 (60% of total shares of the combined company)

     571.4   

Total shares of the combined company (for accounting purposes)

     952.3   
  

 

 

 

Number of AMB shares to be issued (40% of total shares of the combined company)

     380.9   

Multiplied by price of ProLogis common share on June 2, 2011

   $ 15.21   
  

 

 

 

Consideration associated with common shares issued

   $ 5,794.1   

Add consideration associated with share based payment awards.

     62.4   
  

 

 

 

Total consideration of the Operating Partnership

   $         5,856.5   
Schedule of Pro Forma Information for Business Combinations

The following unaudited pro forma financial information presents our results as though the Merger and the PEPR Acquisition, as well as the equity offering in June 2011 that was used, in part, to repay the loans used to fund the PEPR Acquisition, had been consummated as of January 1, 2010. The pro forma information does not necessarily reflect the actual results of operations had the transactions been consummated at the beginning of the period indicated nor is it necessarily indicative of future operating results. The pro forma information does not give effect to any cost synergies or other operating efficiencies that have resulted or could result from the Merger and also does not include any merger and integration expenses. The results included approximately seven months of actual results for both the Merger and PEPR Acquisition, and pro forma adjustments for five months. Actual results include rental income and rental expenses of the properties acquired through the Merger and PEPR Acquisition of $575.2 million and $154.4 million, respectively, of which $74.2 million of rental income and $17.7 million of rental expenses are included in discontinued operations. Pro forma information for the year ended December 31, 2011 was as follows:

 

 

Total revenues

   $         1,981,579   

Net loss attributable to common stockholders

   $ (70,988)   

Net loss per share attributable to common stockholders - basic

   $ (0.15)   

Net loss per share attributable to common stockholders - diluted

   $ (0.15)   
AMB [Member]
 
Schedule of Purchase Price Consideration for Business Combinations

The allocation of the purchase price was as follows (in millions):

 

 

Investments in real estate properties

   $ 8,197.6   

Investments in and advances to unconsolidated entities

     1,592.3   

Cash, accounts receivable and other assets

     691.3   

Debt

     (3,646.7)   

Accounts payable, accrued expenses and other liabilities

     (420.5)   

Noncontrolling interests

     (557.5)   
  

 

 

 

Total purchase price of the Operating Partnership

   $         5,856.5   
PEPR [Member]
 
Schedule of Purchase Price Consideration for Business Combinations

The allocation of the purchase price was as follows (in millions):

 

 

Investments in real estate properties

   $ 4,448.2   

Cash, accounts receivable and other assets

     251.4   

Debt

     (2,240.8)   

Accounts payable, accrued expenses and other liabilities

     (698.2)   

Noncontrolling interests

     (133.7)   
  

 

 

 

Total purchase price

   $         1,626.9