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Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues:        
Rental income $ 294,670,000 $ 188,205,000 $ 500,088,000 $ 375,835,000
Property management and other fees and incentives 32,311,000 28,307,000 61,481,000 56,969,000
Development management and other income 8,920,000 2,634,000 13,239,000 3,710,000
Total revenues 335,901,000 219,146,000 574,808,000 436,514,000
Expenses:        
Rental expenses 81,140,000 54,089,000 144,447,000 110,313,000
Capital partner expenses 11,596,000 9,931,000 22,148,000 20,250,000
General and administrative 51,840,000 38,921,000 91,023,000 80,927,000
Merger integration and other expenses 103,052,000 0 109,040,000 0
Depreciation and amortization 123,079,000 76,871,000 205,744,000 152,012,000
Other expenses 5,587,000 5,016,000 10,271,000 9,283,000
Total expenses 376,294,000 184,828,000 582,673,000 372,785,000
Operating income (40,393,000) 34,318,000 (7,865,000) 63,729,000
Other income (expense):        
Earnings from unconsolidated investees, net 11,399,000 3,304,000 25,040,000 11,277,000
Interest expense (113,059,000) (118,920,000) (203,621,000) (228,899,000)
Impairment of other assets (103,823,000) 0 (103,823,000) 0
Net gains on dispositions of investments in real estate 102,529,000 10,959,000 106,254,000 22,766,000
Foreign currency exchange gains, net (10,255,000) (7,206,000) (8,881,000) (3,518,000)
Loss on early extinguishment of debt, net 0 975,000 0 (46,658,000)
Other expense, net 5,277,000 (1,370,000) 2,698,000 (1,542,000)
Total other income (expense) (107,932,000) (112,258,000) (182,333,000) (246,574,000)
Loss before income taxes (148,325,000) (77,940,000) (190,198,000) (182,845,000)
Current income tax expense 6,311,000 598,000 11,816,000 10,351,000
Deferred income tax expense (benefit) 118,000 (40,847,000) 982,000 (42,398,000)
Total income tax expense 6,429,000 (40,249,000) 12,798,000 (32,047,000)
Loss from continuing operations (154,754,000) (37,691,000) (202,996,000) (150,798,000)
Discontinued operations:        
Income attributable to disposed properties and assets held for sale 2,952,000 20,122,000 9,070,000 40,574,000
Net gains on dispositions, net of rellated impairment charges and taxes 8,175,000 979,000 10,135,000 9,127,000
Total discontinued operations attributable to the Parent Company and the Operating Partnership 11,127,000 21,101,000 19,205,000 49,701,000
Consolidated net loss (143,627,000) (16,590,000) (183,791,000) (101,097,000)
Net earnings attributable to noncontrolling interests (202,000) (191,000) (285,000) (444,000)
Net loss attributable to controlling interests (143,829,000) (16,781,000) (184,076,000) (101,541,000)
Less preferred share dividends 7,642,000 6,369,000 14,011,000 12,738,000
Net loss attributable to common shares (151,471,000) (23,150,000) (198,087,000) (114,279,000)
Net loss per share attributable to common shares - Basic $ (0.49) $ (0.11) $ (0.70) $ (0.54)
Net loss per share attributable to common shares - Diluted $ (0.49) $ (0.11) $ (0.70) $ (0.54)
Distributions per common share $ 0.25 $ 0.34 $ 0.50 $ 0.67
Weighted Average Number Of Basic Units Outstanding 307,756 212,840 281,384 212,441
Weighted Average Common Diluted Units Outstanding 307,756 212,840 281,384 212,441
Net earnings (loss) per unit attributable to common unitholders - Basic        
Continuing operations $ (0.53) $ (0.21) $ (0.77) $ (0.77)
Discontinued operations $ 0.04 $ 0.10 $ 0.07 $ 0.23
Net earnings (loss) per unit attributable to common unitholders - Diluted        
Continuing operations $ (0.53) $ (0.21) $ (0.77) $ (0.77)
Discontinued operations $ 0.04 $ 0.10 $ 0.07 $ 0.23
Prologis LP [Member]
       
Revenues:        
Rental income 294,670,000 188,205,000 500,088,000 375,835,000
Property management and other fees and incentives 32,311,000 28,307,000 61,481,000 56,969,000
Development management and other income 8,920,000 2,634,000 13,239,000 3,710,000
Total revenues 335,901,000 219,146,000 574,808,000 436,514,000
Expenses:        
Rental expenses 81,140,000 54,089,000 144,447,000 110,313,000
Capital partner expenses 11,596,000 9,931,000 22,148,000 20,250,000
General and administrative 51,840,000 38,921,000 91,023,000 80,927,000
Merger integration and other expenses 103,052,000 0 109,040,000 0
Depreciation and amortization 123,079,000 76,871,000 205,744,000 152,012,000
Other expenses 5,587,000 5,016,000 10,271,000 9,283,000
Total expenses 376,294,000 184,828,000 582,673,000 372,785,000
Operating income (40,393,000) 34,318,000 (7,865,000) 63,729,000
Other income (expense):        
Earnings from unconsolidated investees, net 11,399,000 3,304,000 25,040,000 11,277,000
Interest expense (113,059,000) (118,920,000) (203,621,000) (228,899,000)
Impairment of other assets (103,823,000) 0 (103,823,000) 0
Net gains on dispositions of investments in real estate 102,529,000 10,959,000 106,254,000 22,766,000
Foreign currency exchange gains, net (10,255,000) (7,206,000) (8,881,000) (3,518,000)
Loss on early extinguishment of debt, net 0 975,000 0 (46,658,000)
Other expense, net 5,277,000 (1,370,000) 2,698,000 (1,542,000)
Total other income (expense) (107,932,000) (112,258,000) (182,333,000) (246,574,000)
Loss before income taxes (148,325,000) (77,940,000) (190,198,000) (182,845,000)
Current income tax expense 6,311,000 598,000 11,816,000 10,351,000
Deferred income tax expense (benefit) 118,000 (40,847,000) 982,000 (42,398,000)
Total income tax expense 6,429,000 (40,249,000) 12,798,000 (32,047,000)
Loss from continuing operations (154,754,000) (37,691,000) (202,996,000) (150,798,000)
Discontinued operations:        
Income attributable to disposed properties and assets held for sale 2,952,000 20,122,000 9,070,000 40,574,000
Net gains on dispositions, net of rellated impairment charges and taxes 8,175,000 979,000 10,135,000 9,127,000
Total discontinued operations attributable to the Parent Company and the Operating Partnership 11,127,000 21,101,000 19,205,000 49,701,000
Consolidated net loss (143,627,000) (16,590,000) (183,791,000) (101,097,000)
Net earnings attributable to noncontrolling interests (202,000) (191,000) (285,000) (444,000)
Net loss attributable to controlling interests (143,829,000) (16,781,000) (184,076,000) (101,541,000)
Less preferred share dividends 7,642,000 6,369,000 14,011,000 12,738,000
Net income loss attributable to common unitholders $ (151,471,000) $ (23,150,000) $ (198,087,000) $ (114,279,000)
Weighted Average Number Of Basic Units Outstanding 308,389 212,840 281,702 212,441
Weighted Average Common Diluted Units Outstanding 308,389 212,840 281,702 212,441
Net earnings (loss) per unit attributable to common unitholders - Basic        
Continuing operations $ (0.53) $ (0.21) $ (0.77) $ (0.77)
Discontinued operations $ 0.04 $ 0.10 $ 0.07 $ 0.23
Net earnings (loss) per unit attributable to common unitholders - Basic $ (0.49) $ (0.11) $ (0.70) $ (0.54)
Net earnings (loss) per unit attributable to common unitholders - Diluted        
Continuing operations $ (0.53) $ (0.21) $ (0.77) $ (0.77)
Discontinued operations $ 0.04 $ 0.10 $ 0.07 $ 0.23
Net earnings (loss) per unit attributable to common unitholders - Diluted $ (0.49) $ (0.11) $ (0.70) $ (0.54)