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Long-Term Compensation (Tables)
6 Months Ended
Jun. 30, 2017
POP LTIP Units [Member]  
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Unvested POP LTIP Units Activity

The following table summarizes the activity for the unvested POP LTIP Units for the six months ended June 30, 2017 (units in thousands):

 

 

 

Number of Unvested

 

 

 

POP LTIP Units

 

Balance at January 1, 2017

 

 

3,490

 

Granted

 

 

38

 

Vested POP LTIP Units (1)

 

 

(698

)

Forfeited

 

 

(576

)

Balance at June 30, 2017

 

 

2,254

 

 

(1)

Vested units were based on the POP performance criteria being met for the 2014 – 2016 performance period and represented the earned award amount. Vested units are included in LTIP Units in the table below. Any excess outstanding unvested POP LTIP Units for the 2014 – 2016 performance period were forfeited to the extent not earned.

LTIP Units [Member]  
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Stock Options, RSU and Performance Share Awards

The following table summarizes the activity for LTIP Units for the six months ended June 30, 2017 (units in thousands):

 

 

 

Number of

 

 

Weighted Average

 

 

Number of

 

 

 

LTIP Units

 

 

Grant-Date Fair Value

 

 

LTIP Units Vested

 

Balance at January 1, 2017

 

 

2,219

 

 

$

40.81

 

 

 

743

 

Granted

 

 

1,032

 

 

 

 

 

 

 

 

 

Vested POP LTIP Units

 

 

698

 

 

 

 

 

 

 

 

 

Conversion to common limited partnership units

 

 

(227

)

 

 

 

 

 

 

 

 

Balance at June 30, 2017

 

 

3,722

 

 

$

45.55

 

 

 

1,835

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

RSU and PSA [Member]  
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Stock Options, RSU and Performance Share Awards

The following table summarizes the activity for RSUs for the six months ended June 30, 2017 (units in thousands):

 

 

 

Number of

 

 

Weighted Average

 

 

Number of

 

 

 

RSUs

 

 

Grant-Date Fair Value

 

 

RSUs Vested

 

Balance at January 1, 2017

 

 

1,617

 

 

$

40.58

 

 

 

125

 

Granted

 

 

757

 

 

 

 

 

 

 

 

 

Vested and distributed

 

 

(783

)

 

 

 

 

 

 

 

 

Forfeited

 

 

(46

)

 

 

 

 

 

 

 

 

Balance at June 30, 2017

 

 

1,545

 

 

$

45.29

 

 

 

106

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prologis Promote Plan [Member]  
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Equity Awards Granted

The following table details the equity awards granted under the PPP for the six months ended June 30 (in thousands):

 

 

 

2017

 

 

2016

 

RSUs granted

 

 

88

 

 

 

53

 

Grant date fair value of RSUs granted

 

$

4,800

 

 

$

2,300

 

LTIP Units granted

 

 

203

 

 

 

114

 

Grant date fair value of LTIP Units granted

 

$

11,100

 

 

$

4,900