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Noncontrolling Interests - Noncontrolling Interest Summary (Detail) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Dec. 31, 2015
May 29, 2015
Noncontrolling Interest [Line Items]      
Operating Partnership noncontrolling interest $ 3,154,205 $ 3,320,227  
Noncontrolling interests 3,570,843 3,752,901  
Total Assets 30,745,934 31,394,767  
Total Liabilities 12,462,900 12,973,931  
Non-controlling Interests [Member]      
Noncontrolling Interest [Line Items]      
Total Assets 10,051,971 10,494,233  
Total Liabilities $ 2,018,296 $ 2,055,704  
Prologis US Logistics Venture [Member]      
Noncontrolling Interest [Line Items]      
Parent Company's Ownership Percentage 55.00% 55.00% 55.00%
Operating Partnership noncontrolling interest $ 2,503,427 $ 2,677,642  
Total Assets 6,403,355 6,788,968  
Total Liabilities $ 833,478 $ 847,084  
Prologis North American Industrial Fund [Member]      
Noncontrolling Interest [Line Items]      
Parent Company's Ownership Percentage [1] 66.10% 66.10%  
Operating Partnership noncontrolling interest [1] $ 490,683 $ 490,444  
Total Assets [1] 2,598,937 2,619,241  
Total Liabilities [1] $ 1,142,989 $ 1,165,617  
Prologis Brazil Logistics Partners Fund I [Member]      
Noncontrolling Interest [Line Items]      
Parent Company's Ownership Percentage [1],[2] 50.00% 50.00%  
Operating Partnership noncontrolling interest [1],[2] $ 59,679 $ 49,313  
Total Assets [1],[2] 127,140 100,836  
Total Liabilities [1],[2] $ 433 192  
Other Consolidated Entities [Member]      
Noncontrolling Interest [Line Items]      
Parent Company's Ownership [3] various    
Operating Partnership noncontrolling interest [3] $ 100,416 102,828  
Total Assets [3] 922,539 985,188  
Total Liabilities [3] 41,396 42,811  
Prologis, L.P. [Member]      
Noncontrolling Interest [Line Items]      
Noncontrolling interests 3,154,205 3,320,227  
Total Assets 30,745,934 31,394,767  
Total Liabilities 12,462,900 12,973,931  
Prologis, L.P. [Member] | Non-controlling Interests [Member]      
Noncontrolling Interest [Line Items]      
Limited partners in Prologis, L.P. [4],[5] 416,638 432,674  
Total Assets [4],[5] 0 0  
Total Liabilities [4],[5] 0 0  
Prologis Inc [Member]      
Noncontrolling Interest [Line Items]      
Total Assets 10,051,971 10,494,233  
Total Liabilities 2,018,296 2,055,704  
Prologis Inc [Member] | Non-controlling Interests [Member]      
Noncontrolling Interest [Line Items]      
Noncontrolling interests $ 3,570,843 $ 3,752,901  
[1] These ventures are considered VIE’s under the new consolidation guidance discussed in Note 1. Based on our evaluation, the noncontrolling interests in these ventures do not hold substantive participating or kick-out rights and therefore as a group they lack the power to direct the significant activities of these ventures that most significantly impact the venture’s economic performance. We have both the power to direct the significant activities and the obligation to absorb losses and the rights to receive benefits from these ventures. As a result, we are the primary beneficiary of both ventures and consistent with prior reporting periods, we consolidate each venture within our financial statements.
[2] The assets of Prologis Brazil Logistics Partners Fund I (“Brazil Fund”) are primarily investments in unconsolidated entities of $119.5 million and $103.1 million at June 30, 2016, and December 31, 2015, respectively. For additional information on our unconsolidated investments, see Note 4.
[3] This line item includes our two partnerships that have issued limited partnership units to third parties, as discussed above, along with various other consolidated entities. At June 30, 2016, and December 31, 2015, limited partnership units were exchangeable into cash or, at our option, 1.8 million shares of the Parent’s common stock.
[4] At June 30, 2016, and December 31, 2015, excluding the Class A Units, there were common limited partnership units in the Operating Partnership that were exchangeable into cash or, at our option, 5.5 million shares and 6.4 million shares of the Parent’s common stock with a fair value of $271.9 million and $275.0 million, respectively, based on the closing stock price of the Parent’s common stock. In 2016, unitholders exchanged 0.9 million common limited partnership units into an equal number of shares of the Parent’s common stock with a value of $25.4 million. At June 30, 2016, and December 31, 2015, there were 2.1 million and 1.2 million LTIP Units (as defined in Note 9) outstanding, respectively, associated with our long-term compensation plan that are exchangeable into common units of the Operating Partnership and redeemable into the Parent’s common stock after they vest and other applicable conditions are met.
[5] At June 30, 2016, and December 31, 2015, we had 8.9 million Class A Units that were convertible into 8.8 million common limited partnership units of the Operating Partnership.