Business Combinations (Tables)

9 Months Ended

Sep. 30, 2015

Business Acquisition [Line Items]

Schedule of Unaudited Pro Forma Financial Information

The following pro forma financial information presents our results as though the KTR acquisition had been completed on January 1, 2014. The pro forma information does not reflect the actual results of operations had the transaction actually been completed on January 1, 2014, and it is not indicative of future operating results. The results for the nine months ended September 30, 2015, include approximately four months of actual results for the acquisition, including the acquisition expenses, and five months of pro forma adjustments. Actual results in 2015 include rental income and rental expenses of the properties acquired of $132.7 million and $30.0 million, respectively, representing the period from acquisition through September 30, 2015.

The following amounts are in thousands, except per share amounts:

	Three Months Ended September 30,		Nine Months Ended September 30,
	2014		2015		2014
Total revenues	$	491,203	$	1,715,540	$	1,538,073
Net earnings attributable to common stockholders	$	133,568	$	756,302	$	207,329
Net earnings per share attributable to common stockholders – Basic	$	0.27	$	1.45	$	0.42
Net earnings per share attributable to common stockholders – Diluted	$	0.22	$	1.43	$	0.41

KTR Capital Partners and Affiliates [Member]

Business Acquisition [Line Items]

Allocation of Purchase Price

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

Investments in real estate properties	$	5,428,422
Cash, accounts receivable and other assets		378,159
Debt, including premium		(735,172	)
Accounts payable, accrued expenses and other liabilities		(80,740	)
Total estimated purchase price		4,990,669
Our venture partner's share of purchase price		(2,253,234	)
Common limited partnership units issued in the Operating Partnership		(181,170	)
Prologis share of cash purchase price	$	2,556,265

Prologis North American Industrial Fund [Member]

Business Acquisition [Line Items]

Allocation of Purchase Price

The allocation was as follows (in thousands):

Investments in real estate properties	$	2,639,481
Cash, accounts receivable and other assets		262,971
Debt		(1,195,213	)
Accounts payable, accrued expenses and other liabilities		(70,226	)
Noncontrolling interests		(554,493	)
Total purchase price	$	1,082,520