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Unconsolidated Entities - Summary of Operating Information and Financial Position of Unconsolidated Co-investment Ventures (Detail) - Unconsolidated Co-Investment Ventures [Member]
ft² in Millions, $ in Millions
12 Months Ended
Dec. 31, 2016
USD ($)
ft²
Property
Venture
Dec. 31, 2015
USD ($)
ft²
Property
Venture
Dec. 31, 2014
USD ($)
ft²
Property
Venture
Schedule Of Equity Method Investments [Line Items]      
Number of ventures | Venture 9 9 9
Number of properties owned | Property 1,367 1,350 1,278
Square feet | ft² 291 277 261
Total assets $ 23,057 $ 22,553 $ 22,616
Third-party debt 6,546 6,250 6,531
Total liabilities 7,876 7,593 7,649
Our investment balance [1] 4,058 4,585 4,666
Revenues 1,943 1,832 1,992 [2]
Net earnings $ 562 $ 451 $ 408 [2]
U.S. [Member]      
Schedule Of Equity Method Investments [Line Items]      
Number of ventures | Venture 1 1 1
Number of properties owned | Property 369 391 392
Square feet | ft² 50 50 50
Total assets $ 4,238 $ 4,408 $ 4,403
Third-party debt 1,414 1,433 1,594
Total liabilities 1,540 1,550 1,697
Our investment balance [1] 435 690 712
Revenues 395 382 541 [2]
Net earnings $ 57 $ 35 $ 55 [2]
Other Americas [Member]      
Schedule Of Equity Method Investments [Line Items]      
Number of ventures | Venture 2 2 2
Number of properties owned | Property 213 205 198
Square feet | ft² 42 39 37
Total assets $ 2,793 $ 2,482 $ 2,653
Third-party debt 739 657 679
Total liabilities 814 708 717
Our investment balance [1] 845 786 825
Revenues 242 228 170 [2]
Net earnings $ 71 $ 78 $ (1) [2]
Europe [Member]      
Schedule Of Equity Method Investments [Line Items]      
Number of ventures | Venture 4 4 4
Number of properties owned | Property 700 688 636
Square feet | ft² 163 159 148
Total assets $ 10,853 $ 11,343 $ 11,440
Third-party debt 2,446 2,640 2,621
Total liabilities 3,283 3,584 3,501
Our investment balance [1] 2,327 2,707 2,773
Revenues 964 947 1,001 [2]
Net earnings $ 333 $ 261 $ 268 [2]
Asia [Member]      
Schedule Of Equity Method Investments [Line Items]      
Number of ventures | Venture 2 2 2
Number of properties owned | Property 85 66 52
Square feet | ft² 36 29 26
Total assets $ 5,173 $ 4,320 $ 4,120
Third-party debt 1,947 1,520 1,637
Total liabilities 2,239 1,751 1,734
Our investment balance [1] 451 402 356
Revenues 342 275 280 [2]
Net earnings $ 101 $ 77 $ 86 [2]
Weighted Average [Member]      
Schedule Of Equity Method Investments [Line Items]      
Our weighted average ownership [3] 27.90% 31.60% 32.00%
Weighted Average [Member] | U.S. [Member]      
Schedule Of Equity Method Investments [Line Items]      
Our weighted average ownership [3] 14.90% 22.50% 24.30%
Weighted Average [Member] | Other Americas [Member]      
Schedule Of Equity Method Investments [Line Items]      
Our weighted average ownership [3] 43.90% 43.80% 42.90%
Weighted Average [Member] | Europe [Member]      
Schedule Of Equity Method Investments [Line Items]      
Our weighted average ownership [3] 35.10% 38.90% 38.80%
Weighted Average [Member] | Asia [Member]      
Schedule Of Equity Method Investments [Line Items]      
Our weighted average ownership [3] 15.10% 15.00% 15.00%
[1] The difference between our ownership interest of a venture’s equity and our investment balance at December 31, 2016, 2015 and 2014, results principally from three types of transactions: (i) deferring a portion of the gains we recognize from a contribution of a property to a venture ($469.9 million, $430.7 million and $322.9 million, respectively); (ii) recording additional costs associated with our investment in the venture ($124.1 million, $122.1 million and $117.5 million respectively); and (iii) advances to a venture ($166.1 million, $189.7 million and $125.7 million, respectively).
[2] We had significant activity with our U.S. and Other Americas unconsolidated co-investment ventures in 2014 as explained in Notes 3 and 4. We began consolidating NAIF in 2014. We formed and invested in FIBRA Prologis in 2014 and in connection with this transaction, we concluded our unconsolidated co-investment venture in Mexico.
[3] Represents our weighted average ownership interest in all co-investment ventures based on each entity’s contribution of total assets, before depreciation, net of other liabilities.