XML 109 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Revenues:      
Rental income $ 1,178,609us-gaap_OperatingLeasesIncomeStatementLeaseRevenue $ 1,227,975us-gaap_OperatingLeasesIncomeStatementLeaseRevenue $ 1,459,461us-gaap_OperatingLeasesIncomeStatementLeaseRevenue
Rental recoveries 348,740us-gaap_TenantReimbursements 331,518us-gaap_TenantReimbursements 364,320us-gaap_TenantReimbursements
Strategic capital income 219,871us-gaap_ManagementFeesRevenue 179,472us-gaap_ManagementFeesRevenue 126,779us-gaap_ManagementFeesRevenue
Development management and other income 13,567us-gaap_OtherRealEstateRevenue 11,521us-gaap_OtherRealEstateRevenue 9,958us-gaap_OtherRealEstateRevenue
Total revenues 1,760,787us-gaap_RealEstateRevenueNet 1,750,486us-gaap_RealEstateRevenueNet 1,960,518us-gaap_RealEstateRevenueNet
Expenses:      
Rental expenses 430,787us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment 451,938us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment 491,239us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment
Strategic capital expenses 96,496us-gaap_ServiceManagementCosts 89,279us-gaap_ServiceManagementCosts 63,820us-gaap_ServiceManagementCosts
General and administrative expenses 247,768us-gaap_GeneralAndAdministrativeExpense 229,207us-gaap_GeneralAndAdministrativeExpense 228,068us-gaap_GeneralAndAdministrativeExpense
Depreciation and amortization 642,461us-gaap_DepreciationAndAmortization 648,668us-gaap_DepreciationAndAmortization 724,262us-gaap_DepreciationAndAmortization
Other expenses 23,467us-gaap_OtherCostAndExpenseOperating 26,982us-gaap_OtherCostAndExpenseOperating 26,556us-gaap_OtherCostAndExpenseOperating
Merger, acquisition and other integration expenses     80,676us-gaap_BusinessCombinationAcquisitionRelatedCosts
Impairment of real estate properties     252,914us-gaap_ImpairmentOfRealEstate
Total expenses 1,440,979us-gaap_OperatingExpenses 1,446,074us-gaap_OperatingExpenses 1,867,535us-gaap_OperatingExpenses
Operating income 319,808us-gaap_OperatingIncomeLoss 304,412us-gaap_OperatingIncomeLoss 92,983us-gaap_OperatingIncomeLoss
Other income (expense):      
Earnings from unconsolidated entities, net 134,288us-gaap_IncomeLossFromEquityMethodInvestments 97,220us-gaap_IncomeLossFromEquityMethodInvestments 31,676us-gaap_IncomeLossFromEquityMethodInvestments
Interest expense (308,885)us-gaap_InterestExpense (379,327)us-gaap_InterestExpense (505,215)us-gaap_InterestExpense
Interest and other income, net 25,768us-gaap_OtherNonoperatingIncomeExpense 26,948us-gaap_OtherNonoperatingIncomeExpense 22,878us-gaap_OtherNonoperatingIncomeExpense
Gains on dispositions of investments in real estate and revaluation of equity investments upon acquisition of a controlling interest, net 725,790us-gaap_DisposalGroupNotDiscontinuedOperationGainLossOnDisposal 597,656us-gaap_DisposalGroupNotDiscontinuedOperationGainLossOnDisposal 305,607us-gaap_DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
Foreign currency and derivative losses and related amortization, net (17,841)pld_GainLossOnForeignCurrencyAndDerivativeContractsAndRelatedAmortization (33,633)pld_GainLossOnForeignCurrencyAndDerivativeContractsAndRelatedAmortization (20,497)pld_GainLossOnForeignCurrencyAndDerivativeContractsAndRelatedAmortization
Losses on early extinguishment of debt, net (165,300)us-gaap_GainsLossesOnExtinguishmentOfDebt (277,014)us-gaap_GainsLossesOnExtinguishmentOfDebt (14,114)us-gaap_GainsLossesOnExtinguishmentOfDebt
Impairment of other assets     (16,135)us-gaap_OtherAssetImpairmentCharges
Total other income (expense) 393,820us-gaap_NonoperatingIncomeExpense 31,850us-gaap_NonoperatingIncomeExpense (195,800)us-gaap_NonoperatingIncomeExpense
Earnings (loss) before income taxes 713,628us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 336,262us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest (102,817)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Current income tax expense (61,584)us-gaap_CurrentIncomeTaxExpenseBenefit (126,180)us-gaap_CurrentIncomeTaxExpenseBenefit (17,870)us-gaap_CurrentIncomeTaxExpenseBenefit
Deferred income tax benefit 87,240us-gaap_DeferredIncomeTaxExpenseBenefit 19,447us-gaap_DeferredIncomeTaxExpenseBenefit 14,290us-gaap_DeferredIncomeTaxExpenseBenefit
Total income tax benefit (expense) 25,656us-gaap_IncomeTaxExpenseBenefit (106,733)us-gaap_IncomeTaxExpenseBenefit (3,580)us-gaap_IncomeTaxExpenseBenefit
Earnings (loss) from continuing operations 739,284us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 229,529us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest (106,397)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Discontinued operations:      
Income attributable to disposed properties and assets held for sale   6,970us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax 40,827us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
Net gains on dispositions, including related impairment charges and taxes   116,550pld_NetGainLossOnDispositionsNetOfRelatedImpairmentChargesAndTaxes 35,098pld_NetGainLossOnDispositionsNetOfRelatedImpairmentChargesAndTaxes
Total discontinued operations   123,520us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 75,925us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
Consolidated net earnings (loss) 739,284us-gaap_ProfitLoss 353,049us-gaap_ProfitLoss (30,472)us-gaap_ProfitLoss
Net earnings attributable to noncontrolling interests (103,101)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (10,128)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (9,248)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net earnings (loss) attributable to controlling interests 636,183us-gaap_NetIncomeLoss 342,921us-gaap_NetIncomeLoss (39,720)us-gaap_NetIncomeLoss
Less preferred stock dividends 7,431us-gaap_DividendsPreferredStock 18,391us-gaap_DividendsPreferredStock 41,226us-gaap_DividendsPreferredStock
Loss on preferred stock redemption / repurchase 6,517us-gaap_PreferredStockRedemptionPremium 9,108us-gaap_PreferredStockRedemptionPremium  
Net earnings (loss) attributable to common stockholders 622,235us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 315,422us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic (80,946)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Weighted average common shares outstanding - Basic 499,583us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 486,076us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 459,895us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Weighted average common shares outstanding - Diluted 506,391us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 491,546us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 461,848us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Net earnings (loss) per share attributable to common stockholders - Basic:      
Continuing operations $ 1.25us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 0.40us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ (0.35)us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Discontinued operations   $ 0.25us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 0.17us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
Net earnings (loss) per share attributable to common stockholders - Basic $ 1.25us-gaap_EarningsPerShareBasic $ 0.65us-gaap_EarningsPerShareBasic $ (0.18)us-gaap_EarningsPerShareBasic
Net earnings (loss) per share attributable to common stockholders - Diluted:      
Continuing operations $ 1.24us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 0.39us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ (0.34)us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
Discontinued operations   $ 0.25us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 0.16us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
Net earnings (loss) per share attributable to common stockholders - Diluted $ 1.24us-gaap_EarningsPerShareDiluted $ 0.64us-gaap_EarningsPerShareDiluted $ (0.18)us-gaap_EarningsPerShareDiluted
Dividends per common share $ 1.32us-gaap_CommonStockDividendsPerShareCashPaid $ 1.12us-gaap_CommonStockDividendsPerShareCashPaid $ 1.12us-gaap_CommonStockDividendsPerShareCashPaid
Prologis, L.P. [Member]      
Revenues:      
Rental income 1,178,609us-gaap_OperatingLeasesIncomeStatementLeaseRevenue
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
1,227,975us-gaap_OperatingLeasesIncomeStatementLeaseRevenue
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
1,459,461us-gaap_OperatingLeasesIncomeStatementLeaseRevenue
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Rental recoveries 348,740us-gaap_TenantReimbursements
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
331,518us-gaap_TenantReimbursements
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
364,320us-gaap_TenantReimbursements
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Strategic capital income 219,871us-gaap_ManagementFeesRevenue
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
179,472us-gaap_ManagementFeesRevenue
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
126,779us-gaap_ManagementFeesRevenue
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Development management and other income 13,567us-gaap_OtherRealEstateRevenue
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
11,521us-gaap_OtherRealEstateRevenue
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
9,958us-gaap_OtherRealEstateRevenue
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Total revenues 1,760,787us-gaap_RealEstateRevenueNet
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
1,750,486us-gaap_RealEstateRevenueNet
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
1,960,518us-gaap_RealEstateRevenueNet
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Expenses:      
Rental expenses 430,787us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
451,938us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
491,239us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Strategic capital expenses 96,496us-gaap_ServiceManagementCosts
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
89,279us-gaap_ServiceManagementCosts
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
63,820us-gaap_ServiceManagementCosts
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
General and administrative expenses 247,768us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
229,207us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
228,068us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Depreciation and amortization 642,461us-gaap_DepreciationAndAmortization
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
648,668us-gaap_DepreciationAndAmortization
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
724,262us-gaap_DepreciationAndAmortization
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Other expenses 23,467us-gaap_OtherCostAndExpenseOperating
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
26,982us-gaap_OtherCostAndExpenseOperating
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
26,556us-gaap_OtherCostAndExpenseOperating
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Merger, acquisition and other integration expenses     80,676us-gaap_BusinessCombinationAcquisitionRelatedCosts
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Impairment of real estate properties     252,914us-gaap_ImpairmentOfRealEstate
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Total expenses 1,440,979us-gaap_OperatingExpenses
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
1,446,074us-gaap_OperatingExpenses
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
1,867,535us-gaap_OperatingExpenses
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Operating income 319,808us-gaap_OperatingIncomeLoss
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
304,412us-gaap_OperatingIncomeLoss
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
92,983us-gaap_OperatingIncomeLoss
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Other income (expense):      
Earnings from unconsolidated entities, net 134,288us-gaap_IncomeLossFromEquityMethodInvestments
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
97,220us-gaap_IncomeLossFromEquityMethodInvestments
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
31,676us-gaap_IncomeLossFromEquityMethodInvestments
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Interest expense (308,885)us-gaap_InterestExpense
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
(379,327)us-gaap_InterestExpense
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
(505,215)us-gaap_InterestExpense
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Interest and other income, net 25,768us-gaap_OtherNonoperatingIncomeExpense
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
26,948us-gaap_OtherNonoperatingIncomeExpense
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
22,878us-gaap_OtherNonoperatingIncomeExpense
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Gains on dispositions of investments in real estate and revaluation of equity investments upon acquisition of a controlling interest, net 725,790us-gaap_DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
597,656us-gaap_DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
305,607us-gaap_DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Foreign currency and derivative losses and related amortization, net (17,841)pld_GainLossOnForeignCurrencyAndDerivativeContractsAndRelatedAmortization
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
(33,633)pld_GainLossOnForeignCurrencyAndDerivativeContractsAndRelatedAmortization
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
(20,497)pld_GainLossOnForeignCurrencyAndDerivativeContractsAndRelatedAmortization
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Losses on early extinguishment of debt, net (165,300)us-gaap_GainsLossesOnExtinguishmentOfDebt
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
(277,014)us-gaap_GainsLossesOnExtinguishmentOfDebt
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
(14,114)us-gaap_GainsLossesOnExtinguishmentOfDebt
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Impairment of other assets     (16,135)us-gaap_OtherAssetImpairmentCharges
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Total other income (expense) 393,820us-gaap_NonoperatingIncomeExpense
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
31,850us-gaap_NonoperatingIncomeExpense
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
(195,800)us-gaap_NonoperatingIncomeExpense
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Earnings (loss) before income taxes 713,628us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
336,262us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
(102,817)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Current income tax expense (61,584)us-gaap_CurrentIncomeTaxExpenseBenefit
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
(126,180)us-gaap_CurrentIncomeTaxExpenseBenefit
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
(17,870)us-gaap_CurrentIncomeTaxExpenseBenefit
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Deferred income tax benefit 87,240us-gaap_DeferredIncomeTaxExpenseBenefit
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
19,447us-gaap_DeferredIncomeTaxExpenseBenefit
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
14,290us-gaap_DeferredIncomeTaxExpenseBenefit
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Total income tax benefit (expense) 25,656us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
(106,733)us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
(3,580)us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Earnings (loss) from continuing operations 739,284us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
229,529us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
(106,397)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Discontinued operations:      
Income attributable to disposed properties and assets held for sale   6,970us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
40,827us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Net gains on dispositions, including related impairment charges and taxes   116,550pld_NetGainLossOnDispositionsNetOfRelatedImpairmentChargesAndTaxes
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
35,098pld_NetGainLossOnDispositionsNetOfRelatedImpairmentChargesAndTaxes
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Total discontinued operations   123,520us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
75,925us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Consolidated net earnings (loss) 739,284us-gaap_ProfitLoss
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
353,049us-gaap_ProfitLoss
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
(30,472)us-gaap_ProfitLoss
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Net earnings attributable to noncontrolling interests (100,900)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
(8,920)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
(9,410)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Net earnings (loss) attributable to controlling interests 638,384us-gaap_NetIncomeLoss
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
344,129us-gaap_NetIncomeLoss
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
(39,882)us-gaap_NetIncomeLoss
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Less preferred stock dividends 7,431us-gaap_DividendsPreferredStock
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
18,391us-gaap_DividendsPreferredStock
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
41,226us-gaap_DividendsPreferredStock
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Loss on preferred stock redemption / repurchase 6,517us-gaap_PreferredStockRedemptionPremium
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
9,108us-gaap_PreferredStockRedemptionPremium
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
 
Net earnings (loss) attributable to common stockholders $ 624,436us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
$ 316,630us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
$ (81,108)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Weighted average common shares outstanding - Basic 501,349us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
487,936us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
461,848us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Weighted average common shares outstanding - Diluted 506,391us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
491,546us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
461,848us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Net earnings (loss) per share attributable to common stockholders - Basic:      
Continuing operations $ 1.25us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
$ 0.40us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
$ (0.34)us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Discontinued operations   $ 0.25us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
$ 0.16us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Net earnings (loss) per share attributable to common stockholders - Basic $ 1.25us-gaap_EarningsPerShareBasic
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
$ 0.65us-gaap_EarningsPerShareBasic
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
$ (0.18)us-gaap_EarningsPerShareBasic
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Net earnings (loss) per share attributable to common stockholders - Diluted:      
Continuing operations $ 1.24us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
$ 0.39us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
$ (0.34)us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Discontinued operations   $ 0.25us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
$ 0.16us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Net earnings (loss) per share attributable to common stockholders - Diluted $ 1.24us-gaap_EarningsPerShareDiluted
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
$ 0.64us-gaap_EarningsPerShareDiluted
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
$ (0.18)us-gaap_EarningsPerShareDiluted
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
Dividends per common share $ 1.32us-gaap_CommonStockDividendsPerShareCashPaid
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
$ 1.12us-gaap_CommonStockDividendsPerShareCashPaid
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember
$ 1.12us-gaap_CommonStockDividendsPerShareCashPaid
/ us-gaap_PartnerTypeOfPartnersCapitalAccountAxis
= us-gaap_LimitedPartnerMember