Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands		12 Months Ended
		Dec. 31, 2023		Dec. 31, 2022	Dec. 31, 2021
Revenues:
Rental		$ 6,818,542		$ 4,913,171	$ 4,147,994
Strategic capital		1,200,232		1,039,585	590,750
Development management and other		4,695		20,936	20,696
Total revenues		8,023,469		5,973,692	4,759,440
Expenses:
Rental		1,624,793		1,205,738	1,041,316
Strategic capital		385,542		303,356	207,171
General and administrative		390,406		331,083	293,167
Depreciation and amortization		2,484,891		1,812,777	1,577,942
Other		53,354		40,336	22,435
Total expenses		4,938,986		3,693,290	3,142,031
Operating income before gains on real estate transactions, net		3,084,483		2,280,402	1,617,409
Gains on dispositions of development properties and land, net		462,270		597,745	817,017
Gains on other dispositions of investments in real estate, net	[1]	161,039		589,391	772,570
Operating income		3,707,792		3,467,538	3,206,996
Other income (expense):
Earnings from unconsolidated entities, net		307,227		310,872	404,255
Interest expense		(641,332)	[2]	(309,037)	(266,228)
Foreign currency, derivative and other gains and other income, net		87,221		241,621	165,278
Gains (losses) on early extinguishment of debt		3,275		(20,184)	(187,453)
Total other income (expense)		(243,609)		223,272	115,852
Earnings before income taxes		3,464,183		3,690,810	3,322,848
Total income tax expense		(211,038)		(135,412)	(174,258)
Consolidated net earnings		3,253,145		3,555,398	3,148,590
Less net earnings attributable to noncontrolling interests		193,931		190,542	208,867
Net earnings attributable to controlling interests		3,059,214		3,364,856	2,939,723
Less preferred stock/unit dividends/distributions		5,841		6,060	6,152
Net earnings attributable to common stockholders/unitholders		$ 3,053,373		$ 3,358,796	$ 2,933,571
Weighted average common shares/units outstanding - Basic		924,351		785,675	739,363
Weighted average common shares/units outstanding - Diluted	[3]	951,791		811,608	764,762
Net earnings per share/unit attributable to common stockholders/unitholders - Basic		$ 3.3		$ 4.28	$ 3.97
Net earnings per share/unit attributable to common stockholders/unitholders - Diluted		$ 3.29		$ 4.25	$ 3.94
Prologis, L.P. [Member]
Revenues:
Rental		$ 6,818,542		$ 4,913,171	$ 4,147,994
Strategic capital		1,200,232		1,039,585	590,750
Development management and other		4,695		20,936	20,696
Total revenues		8,023,469		5,973,692	4,759,440
Expenses:
Rental		1,624,793		1,205,738	1,041,316
Strategic capital		385,542		303,356	207,171
General and administrative		390,406		331,083	293,167
Depreciation and amortization		2,484,891		1,812,777	1,577,942
Other		53,354		40,336	22,435
Total expenses		4,938,986		3,693,290	3,142,031
Operating income before gains on real estate transactions, net		3,084,483		2,280,402	1,617,409
Gains on dispositions of development properties and land, net		462,270		597,745	817,017
Gains on other dispositions of investments in real estate, net		161,039		589,391	772,570
Operating income		3,707,792		3,467,538	3,206,996
Other income (expense):
Earnings from unconsolidated entities, net		307,227		310,872	404,255
Interest expense		(641,332)		(309,037)	(266,228)
Foreign currency, derivative and other gains and other income, net		87,221		241,621	165,278
Gains (losses) on early extinguishment of debt		3,275		(20,184)	(187,453)
Total other income (expense)		(243,609)		223,272	115,852
Earnings before income taxes		3,464,183		3,690,810	3,322,848
Total income tax expense		(211,038)		(135,412)	(174,258)
Consolidated net earnings		3,253,145		3,555,398	3,148,590
Less net earnings attributable to noncontrolling interests		116,657		98,611	127,075
Net earnings attributable to controlling interests		3,136,488		3,456,787	3,021,515
Less preferred stock/unit dividends/distributions		5,841		6,060	6,152
Net earnings attributable to common stockholders/unitholders		$ 3,130,647		$ 3,450,727	$ 3,015,363
Weighted average common shares/units outstanding - Basic		939,635		799,153	751,973
Weighted average common shares/units outstanding - Diluted	[3]	951,791		811,608	764,762
Net earnings per share/unit attributable to common stockholders/unitholders - Basic		$ 3.30		$ 4.28	$ 3.97
Net earnings per share/unit attributable to common stockholders/unitholders - Diluted		$ 3.29		$ 4.25	$ 3.94

[1] In 2023 and 2021, we sold our ownership interest in unconsolidated joint ventures. The net proceeds and gains from these transactions are included in the table.

[2] Interest expense increased in 2023, as compared to 2022, principally due to the financing of acquisition and development activity through the issuance of senior notes in 2023, the assumption of $4.2 billion of debt in the Duke Transaction which was marked to fair value in October 2022 and higher interest rates on new issuances and our credit facilities. We issued $5.4 billion of senior notes during 2023 and $3.3 billion during 2022, with a weighted average interest rate of 4.7% and 2.3%, respectively, at the issuance date.

[3] Our total weighted average potentially dilutive shares and units outstanding for the years ended December 31 consisted of the following