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Unconsolidated Entities - Summary of Operating Information and Financial Position of Unconsolidated Co-investment Ventures (Detail)
$ in Thousands, ft² in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
USD ($)
ft²
Property
Venture
Sep. 30, 2019
USD ($)
Sep. 30, 2020
USD ($)
ft²
Property
Venture
Sep. 30, 2019
USD ($)
Dec. 31, 2019
USD ($)
ft²
Property
Venture
Schedule Of Equity Method Investments [Line Items]          
Total assets $ 55,759,598   $ 55,759,598   $ 40,031,850
Total liabilities 19,270,291   19,270,291   $ 13,960,066
Total revenues 1,082,773 $ 942,181 3,327,138 $ 2,504,605  
Net earnings 332,521 491,013 1,308,623 1,275,604  
Our earnings from unconsolidated co-investment ventures, net $ 73,972 46,302 $ 216,844 151,524  
Unconsolidated Co-Investment Ventures [Member]          
Schedule Of Equity Method Investments [Line Items]          
Ventures | Venture 9   9   9
Number of buildings | Property 1,858   1,858   1,694
Square feet | ft² 417   417   378
Third-party debt $ 11,600,000   $ 11,600,000   $ 9,408,000
Our investment balance [1] 6,394,000   6,394,000   5,874,000
Our earnings from unconsolidated co-investment ventures, net 67,000 43,000 161,000 142,000  
Unconsolidated Co-Investment Ventures [Member] | Equity Method Investment, Nonconsolidated Investee or Group of Investees [Member]          
Schedule Of Equity Method Investments [Line Items]          
Total assets 39,286,000   39,286,000   34,550,000
Total liabilities 14,184,000   14,184,000   $ 11,641,000
Total revenues 758,000 663,000 2,209,000 1,939,000  
Net earnings $ 284,000 153,000 $ 612,000 477,000  
Unconsolidated Co-Investment Ventures [Member] | U.S. [Member]          
Schedule Of Equity Method Investments [Line Items]          
Ventures | Venture 1 [2]   1 [2]   1
Number of buildings | Property 699 [2]   699 [2]   605
Square feet | ft² 116 [2]   116 [2]   99
Third-party debt $ 3,344,000 [2]   $ 3,344,000 [2]   $ 2,130,000
Our investment balance [1] 1,889,000 [2]   1,889,000 [2]   1,728,000
Our earnings from unconsolidated co-investment ventures, net 9,000 [2] 11,000 28,000 [2] 27,000  
Unconsolidated Co-Investment Ventures [Member] | U.S. [Member] | Equity Method Investment, Nonconsolidated Investee or Group of Investees [Member]          
Schedule Of Equity Method Investments [Line Items]          
Total assets 10,755,000 [2]   10,755,000 [2]   8,408,000
Total liabilities 3,939,000 [2]   3,939,000 [2]   $ 2,514,000
Total revenues 237,000 [2] 187,000 702,000 [2] 546,000  
Net earnings $ 29,000 [2] 38,000 $ 103,000 [2] 90,000  
Unconsolidated Co-Investment Ventures [Member] | Other Americas          
Schedule Of Equity Method Investments [Line Items]          
Ventures | Venture 2 [3]   2 [3]   2
Number of buildings | Property 225 [3]   225 [3]   214
Square feet | ft² 49 [3]   49 [3]   44
Third-party debt $ 776,000 [3]   $ 776,000 [3]   $ 769,000
Our investment balance [1] 794,000 [3]   794,000 [3]   658,000
Our earnings from unconsolidated co-investment ventures, net 8,000 [3] 6,000 26,000 [3] 27,000  
Unconsolidated Co-Investment Ventures [Member] | Other Americas | Equity Method Investment, Nonconsolidated Investee or Group of Investees [Member]          
Schedule Of Equity Method Investments [Line Items]          
Total assets 2,862,000 [3]   2,862,000 [3]   2,707,000
Total liabilities 811,000 [3]   811,000 [3]   $ 801,000
Total revenues 70,000 [3] 66,000 204,000 [3] 200,000  
Net earnings $ 23,000 [3] 18,000 $ 69,000 [3] 73,000  
Unconsolidated Co-Investment Ventures [Member] | Europe [Member]          
Schedule Of Equity Method Investments [Line Items]          
Ventures | Venture 3   3   3
Number of buildings | Property 769   769   731
Square feet | ft² 185   185   176
Third-party debt $ 3,772,000   $ 3,772,000   $ 3,213,000
Our investment balance [1] 2,935,000   2,935,000   2,800,000
Our earnings from unconsolidated co-investment ventures, net 27,000 22,000 75,000 74,000  
Unconsolidated Co-Investment Ventures [Member] | Europe [Member] | Equity Method Investment, Nonconsolidated Investee or Group of Investees [Member]          
Schedule Of Equity Method Investments [Line Items]          
Total assets 15,940,000   15,940,000   14,677,000
Total liabilities 5,251,000   5,251,000   $ 4,575,000
Total revenues 303,000 276,000 874,000 815,000  
Net earnings $ 80,000 70,000 $ 230,000 225,000  
Unconsolidated Co-Investment Ventures [Member] | Asia [Member]          
Schedule Of Equity Method Investments [Line Items]          
Ventures | Venture 3   3   3
Number of buildings | Property 165   165   144
Square feet | ft² 67   67   59
Third-party debt $ 3,708,000   $ 3,708,000   $ 3,296,000
Our investment balance [1] 776,000   776,000   688,000
Our earnings from unconsolidated co-investment ventures, net 23,000 4,000 32,000 14,000  
Unconsolidated Co-Investment Ventures [Member] | Asia [Member] | Equity Method Investment, Nonconsolidated Investee or Group of Investees [Member]          
Schedule Of Equity Method Investments [Line Items]          
Total assets 9,729,000   9,729,000   8,758,000
Total liabilities 4,183,000   4,183,000   $ 3,751,000
Total revenues 148,000 134,000 429,000 378,000  
Net earnings $ 152,000 $ 27,000 $ 210,000 $ 89,000  
Unconsolidated Co-Investment Ventures [Member] | Weighted Average [Member]          
Schedule Of Equity Method Investments [Line Items]          
Our weighted average ownership [4] 26.30%   26.30%   27.10%
Unconsolidated Co-Investment Ventures [Member] | Weighted Average [Member] | U.S. [Member]          
Schedule Of Equity Method Investments [Line Items]          
Our weighted average ownership [4] 26.30% [2]   26.30% [2]   27.30%
Unconsolidated Co-Investment Ventures [Member] | Weighted Average [Member] | Other Americas          
Schedule Of Equity Method Investments [Line Items]          
Our weighted average ownership [4] 41.10% [3]   41.10% [3]   39.10%
Unconsolidated Co-Investment Ventures [Member] | Weighted Average [Member] | Europe [Member]          
Schedule Of Equity Method Investments [Line Items]          
Our weighted average ownership [4] 30.00%   30.00%   30.20%
Unconsolidated Co-Investment Ventures [Member] | Weighted Average [Member] | Asia [Member]          
Schedule Of Equity Method Investments [Line Items]          
Our weighted average ownership [4] 15.20%   15.20%   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 September 30, 2020 and December 31, 2019, results principally from four types of transactions: (i) deferred gains from the contribution of property to a venture prior to January 1, 2018; (ii) recording additional costs associated with our investment in the venture; (iii) receivables, principally for fees and promotes ($100.2 million and $152.0 million, respectively); and (iv) customer security deposits retained subsequent to property contributions to Nippon Prologis REIT, Inc.
[2] In January 2020, USLF acquired a portfolio of 108 operating properties, aggregating 18.3 million square feet, in the IPT Transaction for cash consideration of $2.0 billion, including transaction costs and the assumption and repayment of debt.
[3] PBLV and our other Brazilian joint ventures are combined as one venture for the purpose of this table.
[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.