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Business Combination (Tables)
3 Months Ended
Mar. 31, 2016
Business Acquisition [Line Items]  
Schedule of Unaudited Pro Forma Financial Information

The following pro forma financial information presents our results as though the KTR acquisition had been completed on January 1, 2014. The pro forma information does not reflect the actual results of operations had the transaction actually been completed on January 1, 2014, and it is not indicative of future operating results. The results for the three months ended March 31, 2015, include three months of pro forma adjustments.

 

The following amounts are in thousands, except per share amounts:

 

 

 

Three Months Ended

 

 

 

March 31, 2015

 

Total revenues

 

$

558,797

 

Net earnings attributable to common stockholders

 

$

341,538

 

Net earnings per share attributable to common stockholders – Basic

 

$

0.66

 

Net earnings per share attributable to common stockholders – Diluted

 

$

0.65

 

 

KTR Capital Partners and Affiliates [Member]  
Business Acquisition [Line Items]  
Allocation of Purchase Price

The allocation of the purchase price was as follows (in thousands):

 

 

 

 

 

Investments in real estate properties

 

$

5,440,348

 

Intangible assets, net of intangible liabilities

 

 

332,708

 

Accounts receivable and other assets

 

 

8,414

 

Debt, including premium

 

 

(735,172

)

Accounts payable, accrued expenses and other liabilities

 

 

(55,629

)

Total estimated purchase price

 

 

4,990,669

 

Our venture partner’s share of purchase price

 

 

(2,253,234

)

Common limited partnership units issued in the Operating Partnership

 

 

(181,170

)

Prologis share of cash purchase price

 

$

2,556,265