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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 6 Months Ended
Jun. 30, 2020
USD ($)
ft²
Property
Venture
Jun. 30, 2019
USD ($)
Jun. 30, 2020
USD ($)
ft²
Property
Venture
Jun. 30, 2019
USD ($)
Dec. 31, 2019
USD ($)
ft²
Property
Venture
Schedule Of Equity Method Investments [Line Items]          
Our earnings from unconsolidated co-investment ventures, net $ 54,142 $ 48,556 $ 142,872 $ 105,222  
Unconsolidated Co-Investment Ventures [Member]          
Schedule Of Equity Method Investments [Line Items]          
Ventures | Venture 9   9   9
Number of buildings | Property 1,817   1,817   1,694
Square feet | ft² 405   405   378
Total assets $ 37,506,000   $ 37,506,000   $ 34,550,000
Third-party debt 10,824,000   10,824,000   9,408,000
Total liabilities 13,601,000   13,601,000   11,641,000
Our investment balance [1] 6,211,000   6,211,000   $ 5,874,000
Total revenues 722,000 639,000 1,451,000 1,276,000  
Net earnings 167,000 153,000 328,000 324,000  
Our earnings from unconsolidated co-investment ventures, net $ 47,000 46,000 $ 94,000 99,000  
Unconsolidated Co-Investment Ventures [Member] | U.S. [Member]          
Schedule Of Equity Method Investments [Line Items]          
Ventures | Venture 1 [2]   1 [2]   1
Number of buildings | Property 689 [2]   689 [2]   605
Square feet | ft² 113 [2]   113 [2]   99
Total assets $ 10,276,000 [2]   $ 10,276,000 [2]   $ 8,408,000
Third-party debt 2,923,000 [2]   2,923,000 [2]   2,130,000
Total liabilities 3,857,000 [2]   3,857,000 [2]   2,514,000
Our investment balance [1] 1,932,000 [2]   1,932,000 [2]   $ 1,728,000
Total revenues 232,000 [2] 180,000 465,000 [2] 359,000  
Net earnings 40,000 [2] 23,000 74,000 [2] 52,000  
Our earnings from unconsolidated co-investment ventures, net $ 10,000 [2] 7,000 $ 19,000 [2] 16,000  
Unconsolidated Co-Investment Ventures [Member] | Other Americas [Member]          
Schedule Of Equity Method Investments [Line Items]          
Ventures | Venture 2 [3]   2 [3]   2
Number of buildings | Property 225 [3]   225 [3]   214
Square feet | ft² 49 [3]   49 [3]   44
Total assets $ 2,938,000 [3]   $ 2,938,000 [3]   $ 2,707,000
Third-party debt 841,000 [3]   841,000 [3]   769,000
Total liabilities 877,000 [3]   877,000 [3]   801,000
Our investment balance [1] 795,000 [3]   795,000 [3]   $ 658,000
Total revenues 66,000 [3] 67,000 134,000 [3] 134,000  
Net earnings 23,000 [3] 21,000 46,000 [3] 55,000  
Our earnings from unconsolidated co-investment ventures, net $ 9,000 [3] 8,000 $ 18,000 [3] 21,000  
Unconsolidated Co-Investment Ventures [Member] | Europe [Member]          
Schedule Of Equity Method Investments [Line Items]          
Ventures | Venture 3   3   3
Number of buildings | Property 745   745   731
Square feet | ft² 178   178   176
Total assets $ 14,872,000   $ 14,872,000   $ 14,677,000
Third-party debt 3,443,000   3,443,000   3,213,000
Total liabilities 4,787,000   4,787,000   4,575,000
Our investment balance [1] 2,728,000   2,728,000   $ 2,800,000
Total revenues 281,000 268,000 571,000 539,000  
Net earnings 72,000 84,000 150,000 155,000  
Our earnings from unconsolidated co-investment ventures, net $ 23,000 27,000 $ 48,000 52,000  
Unconsolidated Co-Investment Ventures [Member] | Asia [Member]          
Schedule Of Equity Method Investments [Line Items]          
Ventures | Venture 3   3   3
Number of buildings | Property 158   158   144
Square feet | ft² 65   65   59
Total assets $ 9,420,000   $ 9,420,000   $ 8,758,000
Third-party debt 3,617,000   3,617,000   3,296,000
Total liabilities 4,080,000   4,080,000   3,751,000
Our investment balance [1] 756,000   756,000   $ 688,000
Total revenues 143,000 124,000 281,000 244,000  
Net earnings 32,000 25,000 58,000 62,000  
Our earnings from unconsolidated co-investment ventures, net $ 5,000 $ 4,000 $ 9,000 $ 10,000  
Unconsolidated Co-Investment Ventures [Member] | Weighted Average [Member]          
Schedule Of Equity Method Investments [Line Items]          
Our weighted average ownership [4] 25.90%   25.90%   27.10%
Unconsolidated Co-Investment Ventures [Member] | Weighted Average [Member] | U.S. [Member]          
Schedule Of Equity Method Investments [Line Items]          
Our weighted average ownership [4] 24.90% [2]   24.90% [2]   27.30%
Unconsolidated Co-Investment Ventures [Member] | Weighted Average [Member] | Other Americas [Member]          
Schedule Of Equity Method Investments [Line Items]          
Our weighted average ownership [4] 41.20% [3]   41.20% [3]   39.10%
Unconsolidated Co-Investment Ventures [Member] | Weighted Average [Member] | Europe [Member]          
Schedule Of Equity Method Investments [Line Items]          
Our weighted average ownership [4] 29.90%   29.90%   30.20%
Unconsolidated Co-Investment Ventures [Member] | Weighted Average [Member] | Asia [Member]          
Schedule Of Equity Method Investments [Line Items]          
Our weighted average ownership [4] 15.20%   15.20%   15.10%
[1] 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 June 30, 2020 and December 31, 2019, results principally from four types of transactions: (i) deferred gains from the contribution of property to a venture prior to January 1, 2018; (ii) recording additional costs associated with our investment in the venture; (iii) receivables, principally for fees and promotes ($339.6 million and $152.0 million, respectively); and (iv) customer security deposits retained subsequent to property contributions to Nippon Prologis REIT, Inc.
[2] In January 2020, USLF acquired a portfolio of 108 operating properties, aggregating 18.3 million square feet, in the IPT Transaction for cash consideration of $2.0 billion, including transaction costs and the assumption and repayment of debt.
[3] PBLV and our other Brazilian joint ventures are combined as one venture for the purpose of this table.
[4] Represents our weighted average ownership interest in all unconsolidated co-investment ventures based on each entity’s contribution of total assets before depreciation, net of other liabilities.