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Unconsolidated Entities - Summary of Operating Information and Financial Position of Unconsolidated Co-investment Ventures (Detail)
$ in Thousands, ft² in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
USD ($)
ft²
Property
Venture
Sep. 30, 2017
USD ($)
Sep. 30, 2018
USD ($)
ft²
Property
Venture
Sep. 30, 2017
USD ($)
Dec. 31, 2017
USD ($)
ft²
Property
Venture
Schedule Of Equity Method Investments [Line Items]          
Our earnings from unconsolidated co-investment ventures, net $ 56,634 $ 55,066 $ 181,839 $ 172,267  
Unconsolidated Co-Investment Ventures [Member]          
Schedule Of Equity Method Investments [Line Items]          
Ventures | Venture 8   8   8
Number of buildings | Property 1,546   1,546   1,559
Square feet | ft² 333   333   332
Total assets [1] $ 29,361,000   $ 29,361,000   $ 28,899,000
Third-party debt 8,130,000   8,130,000   8,079,000
Total liabilities 9,762,000   9,762,000   9,642,000
Our investment balance [2] 5,283,000   5,283,000   $ 5,275,000
Total revenues 611,000 581,000 1,837,000 1,589,000  
Net earnings 164,000 176,000 485,000 549,000  
Our earnings from unconsolidated co-investment ventures, net $ 56,000 53,000 $ 165,000 160,000  
Unconsolidated Co-Investment Ventures [Member] | U.S. [Member]          
Schedule Of Equity Method Investments [Line Items]          
Ventures | Venture 1   1   1
Number of buildings | Property 556   556   552
Square feet | ft² 88   88   88
Total assets [1] $ 7,180,000   $ 7,180,000   $ 7,062,000
Third-party debt 2,093,000   2,093,000   2,313,000
Total liabilities 2,318,000   2,318,000   2,520,000
Our investment balance [2] 1,358,000   1,358,000   $ 1,383,000
Total revenues 168,000 160,000 504,000 369,000  
Net earnings 28,000 64,000 65,000 115,000  
Our earnings from unconsolidated co-investment ventures, net $ 8,000 18,000 $ 20,000 25,000  
Unconsolidated Co-Investment Ventures [Member] | Other Americas [Member]          
Schedule Of Equity Method Investments [Line Items]          
Ventures | Venture 2   2   2
Number of buildings | Property 205   205   205
Square feet | ft² 37   37   37
Total assets [1] $ 2,071,000   $ 2,071,000   $ 2,118,000
Third-party debt 752,000   752,000   756,000
Total liabilities 797,000   797,000   782,000
Our investment balance [2] 559,000   559,000   $ 555,000
Total revenues 54,000 60,000 162,000 190,000  
Net earnings 18,000 19,000 51,000 58,000  
Our earnings from unconsolidated co-investment ventures, net $ 7,000 6,000 $ 21,000 22,000  
Unconsolidated Co-Investment Ventures [Member] | Europe [Member]          
Schedule Of Equity Method Investments [Line Items]          
Ventures | Venture 3   3   3
Number of buildings | Property 664   664   707
Square feet | ft² 158   158   166
Total assets [1] $ 13,401,000   $ 13,401,000   $ 13,586,000
Third-party debt 2,656,000   2,656,000   2,682,000
Total liabilities 3,727,000   3,727,000   3,655,000
Our investment balance [2] 2,797,000   2,797,000   $ 2,813,000
Total revenues 272,000 266,000 832,000 758,000  
Net earnings 97,000 63,000 300,000 229,000  
Our earnings from unconsolidated co-investment ventures, net $ 37,000 24,000 $ 111,000 90,000  
Unconsolidated Co-Investment Ventures [Member] | Asia [Member]          
Schedule Of Equity Method Investments [Line Items]          
Ventures | Venture 2   2   2
Number of buildings | Property 121   121   95
Square feet | ft² 50   50   41
Total assets [1] $ 6,709,000   $ 6,709,000   $ 6,133,000
Third-party debt 2,629,000   2,629,000   2,328,000
Total liabilities 2,920,000   2,920,000   2,685,000
Our investment balance [2] 569,000   569,000   $ 524,000
Total revenues 117,000 95,000 339,000 272,000  
Net earnings 21,000 30,000 69,000 147,000  
Our earnings from unconsolidated co-investment ventures, net $ 4,000 $ 5,000 $ 13,000 $ 23,000  
Unconsolidated Co-Investment Ventures [Member] | Weighted Average [Member]          
Schedule Of Equity Method Investments [Line Items]          
Our weighted average ownership [3] 28.30%   28.30%   28.80%
Unconsolidated Co-Investment Ventures [Member] | Weighted Average [Member] | U.S. [Member]          
Schedule Of Equity Method Investments [Line Items]          
Our weighted average ownership [3] 26.70%   26.70%   28.20%
Unconsolidated Co-Investment Ventures [Member] | Weighted Average [Member] | Other Americas [Member]          
Schedule Of Equity Method Investments [Line Items]          
Our weighted average ownership [3] 43.90%   43.90%   43.40%
Unconsolidated Co-Investment Ventures [Member] | Weighted Average [Member] | Europe [Member]          
Schedule Of Equity Method Investments [Line Items]          
Our weighted average ownership [3] 33.10%   33.10%   32.80%
Unconsolidated Co-Investment Ventures [Member] | Weighted Average [Member] | Asia [Member]          
Schedule Of Equity Method Investments [Line Items]          
Our weighted average ownership [3] 15.10%   15.10%   15.10%
[1] In October 2018, we and certain unconsolidated co-investment ventures sold a portfolio of operating buildings and land in Europe and the U.S in a single transaction. Included in the total assets of our unconsolidated co-investment ventures is $402.0 million of real estate assets that met the criteria to be classified as assets held for sale.
[2] Prologis’ investment balance is presented at our adjusted basis derived from the ventures’ U.S. GAAP information. The difference between our ownership interest of a venture’s equity and our investment balance at September 30, 2018 and December 31, 2017, results principally from three types of transactions: (i) deferred gains from the contribution of property to a venture prior to January 1, 2018 ($648.1 million and $667.3 million, respectively); (ii) recording additional costs associated with our investment in the venture ($91.4 million and $94.2 million, respectively); and (iii) advances to a venture ($217.6 million and $210.0 million, respectively). For deferred gains from partial sales recorded prior to the adoption of the new revenue recognition standard, we will continue to recognize these gains over the lives of the underlying real estate properties or at the time of disposition to a third party.
[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.