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Supplemental Cash Flow Information
12 Months Ended
Dec. 31, 2015
Supplemental Cash Flow Elements [Abstract]  
Supplemental Cash Flow Information

Note 19. Supplemental Cash Flow Information

 

Significant noncash investing and financing activities for the years ended December 31, 2015, 2014 and 2013 are as follows:

 

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See Notes 3, 9 and 12 for information related to the KTR acquisition.

 

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In the fourth quarter of 2015, we assumed $290.7 million of secured mortgage debt in connection with the acquisition of real estate properties. Also, as partial consideration for the disposition of some properties acquired in the fourth quarter 2015, the buyer assumed debt of $170.1 million.

 

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Common limited partnership units were issued as partial consideration for the acquisition of properties as disclosed in Note 12.

 

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During the second quarter of 2015, we received $65.3 million of equity in certain unconsolidated entities as a portion of our proceeds from the contribution of properties to these entities. During 2013, we received $31.2 million, representing ownership interests in certain unconsolidated entities as a portion of our proceeds from the contribution of properties to these entities, excluding PELP.

 

·

We received notes backed by real estate in 2015 as disclosed in Note 7.

 

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Holders of our exchangeable senior notes exchanged the majority of their notes into common stock of the Parent in 2015 as disclosed in Note 9.

 

·

We capitalized $22.7 million, $21.6 million and $18.8 million of equity-based compensation expense resulting from our development and leasing activities during 2015, 2014 and 2013, respectively.

 

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As partial consideration for properties we contributed to FIBRA Prologis and the conclusion of an unconsolidated co-investment venture during the second quarter of 2014, we received equity valued at $609.7 million and FIBRA Prologis assumed $345.1 million of secured debt. See Note 4 for additional information about this transaction. In 2013, as partial consideration for contributions and dispositions, the buyers assumed debt of $194.9 million.

 

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As partial consideration for properties we contributed to PELP during the first quarter of 2013, we received equity initially valued at $1.3 billion, representing our 50% ownership interest, and PELP assumed $353.2 million of secured mortgage debt.

 

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See Note 3 for information related to acquisitions of controlling interests in our unconsolidated co-investment ventures in 2014 and 2013.