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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating activities:      
Consolidated net earnings $ 925,515 $ 739,284 $ 353,049
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Straight-lined rents and amortization of above and below market leases (59,619) (14,392) (12,080)
Equity-based compensation awards 53,665 57,478 49,239
Depreciation and amortization 880,373 642,461 664,007
Earnings from unconsolidated entities, net (159,262) (134,288) (97,220)
Distributions from unconsolidated entities 144,045 117,938 68,319
Net changes in operating receivables from unconsolidated entities (38,185) (7,503) 7,540
Amortization of debt and deferred financing costs (31,841) (7,324) (24,641)
Gains on dispositions of investments in real estate and revaluation of equity investments upon acquisition of a controlling interest, net (758,887) (725,790) (715,758)
Losses on early extinguishment of debt, net 86,303 165,300 277,014
Unrealized foreign currency and derivative losses (gains) and related amortization, net (1,019) 22,571 28,619
Deferred income tax benefit (5,057) (87,240) (20,067)
Increase in accounts receivable and other assets (64,749) (93) (12,912)
Increase (decrease) in accounts payable and accrued expenses and other liabilities (7,872) (63,871) (80,120)
Net cash provided by operating activities 963,410 704,531 484,989
Investing activities:      
Real estate development activity (1,339,904) (1,064,220) (853,082)
Real estate acquisitions (890,183) (612,330) (514,611)
Tenant improvements and lease commissions on previously leased space (154,564) (133,957) (145,424)
Nondevelopment capital expenditures (83,351) (78,610) (82,610)
Proceeds from dispositions and contributions of real estate properties 2,795,249 2,285,488 5,409,745
Investments in and advances to unconsolidated entities (474,420) (739,635) (1,221,155)
Acquisition of a controlling interest in unconsolidated co-investment ventures, net of cash received 0 (590,390) (678,642)
Return of investment from unconsolidated entities 170,025 244,306 411,853
Proceeds from repayment of notes receivable backed by real estate 9,866 188,000 0
Proceeds from the settlement of net investment hedges 129,149 31,409 8,842
Payments on the settlement of net investment hedges (981) (18,370) (994)
Net cash provided by (used in) investing activities (4,648,613) (488,309) 2,333,922
Financing activities:      
Proceeds from issuance of common stock 90,258 378,247 1,505,791
Distributions paid on common and preferred stock (804,697) (672,190) (573,854)
Repurchase and redemption of preferred stock 0 (27,643) (482,500)
Noncontrolling interests contributions 2,355,367 468,280 145,522
Noncontrolling interests distributions (215,740) (315,426) (115,999)
Purchase of noncontrolling interests (2,560) (2,440) (250,740)
Debt and equity issuance costs paid (32,012) (23,420) (77,017)
Net payments on credit facilities (7,970) (717,369) (93,075)
Repurchase and payments of debt (3,156,294) (4,205,806) (6,012,433)
Proceeds from issuance of debt 5,381,862 4,779,950 3,588,683
Net cash provided by (used in) financing activities 3,608,214 (337,817) (2,365,622)
Effect of foreign currency exchange rate changes on cash (9,623) (18,842) (62,970)
Net increase (decrease) in cash and cash equivalents (86,612) (140,437) 390,319
Cash and cash equivalents, beginning of year 350,692 491,129 100,810
Cash and cash equivalents, end of year 264,080 350,692 491,129
Prologis, L.P. [Member]      
Operating activities:      
Consolidated net earnings 925,515 739,284 353,049
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Straight-lined rents and amortization of above and below market leases (59,619) (14,392) (12,080)
Equity-based compensation awards 53,665 57,478 49,239
Depreciation and amortization 880,373 642,461 664,007
Earnings from unconsolidated entities, net (159,262) (134,288) (97,220)
Distributions from unconsolidated entities 144,045 117,938 68,319
Net changes in operating receivables from unconsolidated entities (38,185) (7,503) 7,540
Amortization of debt and deferred financing costs (31,841) (7,324) (24,641)
Gains on dispositions of investments in real estate and revaluation of equity investments upon acquisition of a controlling interest, net (758,887) (725,790) (715,758)
Losses on early extinguishment of debt, net 86,303 165,300 277,014
Unrealized foreign currency and derivative losses (gains) and related amortization, net (1,019) 22,571 28,619
Deferred income tax benefit (5,057) (87,240) (20,067)
Increase in accounts receivable and other assets (64,749) (93) (12,912)
Increase (decrease) in accounts payable and accrued expenses and other liabilities (7,872) (63,871) (80,120)
Net cash provided by operating activities 963,410 704,531 484,989
Investing activities:      
Real estate development activity (1,339,904) (1,064,220) (853,082)
Real estate acquisitions (890,183) (612,330) (514,611)
Tenant improvements and lease commissions on previously leased space (154,564) (133,957) (145,424)
Nondevelopment capital expenditures (83,351) (78,610) (82,610)
Proceeds from dispositions and contributions of real estate properties 2,795,249 2,285,488 5,409,745
Investments in and advances to unconsolidated entities (474,420) (739,635) (1,221,155)
Acquisition of a controlling interest in unconsolidated co-investment ventures, net of cash received 0 (590,390) (678,642)
Return of investment from unconsolidated entities 170,025 244,306 411,853
Proceeds from repayment of notes receivable backed by real estate 9,866 188,000 0
Proceeds from the settlement of net investment hedges 129,149 31,409 8,842
Payments on the settlement of net investment hedges (981) (18,370) (994)
Net cash provided by (used in) investing activities (4,648,613) (488,309) 2,333,922
Financing activities:      
Proceeds from issuance of common stock 90,258 378,247 1,505,791
Distributions paid on common and preferred stock (820,989) (674,344) (580,862)
Repurchase and redemption of preferred stock 0 (27,643) (482,500)
Noncontrolling interests contributions 2,355,367 468,280 145,522
Noncontrolling interests distributions (199,845) (313,272) (113,928)
Purchase of noncontrolling interests (2,163) (2,440) (245,803)
Debt and equity issuance costs paid (32,012) (23,420) (77,017)
Net payments on credit facilities (7,970) (717,369) (93,075)
Repurchase and payments of debt (3,156,294) (4,205,806) (6,012,433)
Proceeds from issuance of debt 5,381,862 4,779,950 3,588,683
Net cash provided by (used in) financing activities 3,608,214 (337,817) (2,365,622)
Effect of foreign currency exchange rate changes on cash (9,623) (18,842) (62,970)
Net increase (decrease) in cash and cash equivalents (86,612) (140,437) 390,319
Cash and cash equivalents, beginning of year 350,692 491,129 100,810
Cash and cash equivalents, end of year 264,080 350,692 491,129
KTR Capital Partners and Affiliates [Member]      
Investing activities:      
KTR acquisition, net of cash received (4,809,499) 0 0
KTR Capital Partners and Affiliates [Member] | Prologis, L.P. [Member]      
Investing activities:      
KTR acquisition, net of cash received $ (4,809,499) $ 0 $ 0