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Unconsolidated Entities - Summary of Operating Information and Financial Position of Unconsolidated Co-investment Ventures (Detail)
$ in Thousands, ft² in Millions
12 Months Ended
Dec. 31, 2019
USD ($)
ft²
Property
Venture
Dec. 31, 2018
USD ($)
ft²
Property
Venture
Dec. 31, 2017
USD ($)
Schedule Of Equity Method Investments [Line Items]      
Our earnings from unconsolidated co-investment ventures, net $ 200,178 $ 298,260 $ 248,567
Unconsolidated Co-Investment Ventures [Member]      
Schedule Of Equity Method Investments [Line Items]      
Ventures | Venture 9 8  
Number of buildings | Property 1,694 1,569  
Square feet | ft² 378 340  
Total assets $ 34,550,000 $ 29,557,000  
Third-party debt 9,408,000 8,148,000  
Total liabilities 11,641,000 9,833,000  
Our investment balance [1] 5,874,000 5,408,000  
Total revenues 2,617,000 2,451,000 2,180,000
Net earnings 579,000 810,000 798,000
Our earnings from unconsolidated co-investment ventures, net $ 182,000 $ 279,000 234,000
Unconsolidated Co-Investment Ventures [Member] | U.S. [Member]      
Schedule Of Equity Method Investments [Line Items]      
Ventures | Venture 1 1  
Number of buildings | Property 605 566  
Square feet | ft² 99 91  
Total assets $ 8,408,000 $ 7,303,000  
Third-party debt 2,130,000 2,094,000  
Total liabilities 2,514,000 2,350,000  
Our investment balance [1] 1,728,000 1,457,000  
Total revenues 738,000 676,000 533,000
Net earnings 128,000 150,000 139,000
Our earnings from unconsolidated co-investment ventures, net $ 38,000 $ 45,000 33,000
Unconsolidated Co-Investment Ventures [Member] | Other Americas [Member]      
Schedule Of Equity Method Investments [Line Items]      
Ventures | Venture 2 [2] 2  
Number of buildings | Property 214 [2] 209  
Square feet | ft² 44 [2] 39  
Total assets $ 2,707,000 [2] $ 2,137,000  
Third-party debt 769,000 [2] 838,000  
Total liabilities 801,000 [2] 862,000  
Our investment balance [1] 658,000 [2] 554,000  
Total revenues 266,000 [2] 217,000 245,000
Net earnings 91,000 [2] 63,000 71,000
Our earnings from unconsolidated co-investment ventures, net $ 32,000 [2] $ 26,000 26,000
Unconsolidated Co-Investment Ventures [Member] | Europe [Member]      
Schedule Of Equity Method Investments [Line Items]      
Ventures | Venture 3 3  
Number of buildings | Property 731 669  
Square feet | ft² 176 159  
Total assets $ 14,677,000 $ 13,028,000  
Third-party debt 3,213,000 2,548,000  
Total liabilities 4,575,000 3,615,000  
Our investment balance [1] 2,800,000 2,784,000  
Total revenues 1,099,000 1,101,000 1,030,000
Net earnings 311,000 509,000 406,000
Our earnings from unconsolidated co-investment ventures, net $ 102,000 $ 193,000 146,000
Unconsolidated Co-Investment Ventures [Member] | Asia [Member]      
Schedule Of Equity Method Investments [Line Items]      
Ventures | Venture 3 [3] 2  
Number of buildings | Property 144 [3] 125  
Square feet | ft² 59 [3] 51  
Total assets $ 8,758,000 [3] $ 7,089,000  
Third-party debt 3,296,000 [3] 2,668,000  
Total liabilities 3,751,000 [3] 3,006,000  
Our investment balance [1] 688,000 [3] 613,000  
Total revenues 514,000 457,000 372,000
Net earnings 49,000 88,000 182,000
Our earnings from unconsolidated co-investment ventures, net $ 10,000 $ 15,000 $ 29,000
Unconsolidated Co-Investment Ventures [Member] | Weighted Average [Member]      
Schedule Of Equity Method Investments [Line Items]      
Our weighted average ownership [4] 27.10% 28.30%  
Unconsolidated Co-Investment Ventures [Member] | Weighted Average [Member] | U.S. [Member]      
Schedule Of Equity Method Investments [Line Items]      
Our weighted average ownership [4] 27.30% 27.40%  
Unconsolidated Co-Investment Ventures [Member] | Weighted Average [Member] | Other Americas [Member]      
Schedule Of Equity Method Investments [Line Items]      
Our weighted average ownership [4] 39.10% [2] 44.40%  
Unconsolidated Co-Investment Ventures [Member] | Weighted Average [Member] | Europe [Member]      
Schedule Of Equity Method Investments [Line Items]      
Our weighted average ownership [4] 30.20% 33.20%  
Unconsolidated Co-Investment Ventures [Member] | Weighted Average [Member] | Asia [Member]      
Schedule Of Equity Method Investments [Line Items]      
Our weighted average ownership [4] 15.10% [3] 15.10%  
[1] Prologis’ investment balance is presented at our adjusted basis derived from the ventures’ U.S. GAAP information. The difference between our ownership interest of a venture’s equity and our investment balance at December 31, 2019 and 2018, results principally from four types of transactions: (i) deferred gains from the contribution of property to a venture prior to January 1, 2018 ($611.5 million and $635.9 million, respectively); (ii) recording additional costs associated with our investment in the venture ($87.2 million and $94.4 million, respectively); (iii) receivables, principally for fees and promotes ($152.0 million and $166.7 million, respectively); and (iv) customer security deposits retained subsequent to property contributions to NPR, as discussed above. For deferred gains from partial sales recorded prior to January 1, 2018, we recognize these gains over the lives of the underlying real estate properties or at the time of disposition to a third party.
[2] PBLV and our other Brazilian joint ventures are combined as one venture for the purpose of this table.
[3] As discussed above, the formation of PCCLF in 2019 increased the number of ventures in Asia.
[4] Represents our weighted average ownership interest in all unconsolidated co-investment ventures based on each entity’s contribution of total assets before depreciation, net of other liabilities.