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Consolidated Statements of Capital - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Consolidated net earnings $ 332,521 $ 491,013 $ 1,308,623 $ 1,275,604
Effect of equity compensation plans 35,180 26,200 85,008 74,072
Issuance of units related to acquisitions 48,533   48,533  
Repurchase of preferred units (7,200)   (7,200)  
Capital contributions   5 916,974 9,076
Purchase of noncontrolling interests   (1,375)   (1,375)
Redemption of noncontrolling interests (69,034) (9,607) (111,777) (105,491)
Contribution to Brazil venture       (12,630)
Unrealized gains (losses) on derivative contracts, net 2,379 (616) (19,696) (6,974)
Noncontrolling Interests [Member]        
Consolidated net earnings 29,827 38,867 108,703 89,636
Effect of equity compensation plans 20,905 14,261 63,905 51,582
Issuance of units related to acquisitions 48,533   48,533  
Capital contributions   5 916,974 9,076
Purchase of noncontrolling interests   (3,932)   (3,932)
Redemption of noncontrolling interests (78,734) (31,770) (126,029) (137,132)
Contribution to Brazil venture       (12,630)
Unrealized gains (losses) on derivative contracts, net 78 (10) $ (532) (193)
Class A Common [Member]        
Beginning balance, units     8,600  
Prologis, L.P. [Member]        
Beginning balance 36,746,209 25,777,433 $ 26,071,784 25,800,888
Consolidated net earnings 332,521 491,013 1,308,623 1,275,604
Effect of equity compensation plans 35,180 26,200 85,008 74,072
Liberty Transaction, net of issuance costs     10,013,526  
Issuance of units related to acquisitions 48,533   48,533  
Repurchases of common units     (34,829)  
Repurchase of preferred units (7,200)   (7,200)  
Capital contributions   5 916,974 9,076
Purchase of noncontrolling interests   (1,375)   (1,375)
Redemption of noncontrolling interests       (21,093)
Redemption of limited partners units (69,034) (9,607) (111,777) (84,398)
Contribution to Brazil venture       (12,630)
Foreign currency translation gains (losses), net (45,576) 30,053 (180,162) 42,471
Unrealized gains (losses) on derivative contracts, net 2,379 (616) (19,696) (6,974)
Distributions ($0.58 and $1.74 per common unit for three and nine months ended September 30, 2020 and $0.53 and $1.59 for three and nine months ended September 30, 2019) and other (553,705) (377,529) (1,601,477) (1,140,064)
Ending balance 36,489,307 25,935,577 36,489,307 25,935,577
Prologis, L.P. [Member] | Noncontrolling Interests [Member]        
Beginning balance 3,589,800 2,786,183 2,775,394 2,836,469
Consolidated net earnings 21,453 25,509 74,709 54,018
Liberty Transaction, net of issuance costs     896  
Capital contributions   5 916,974 9,076
Purchase of noncontrolling interests   (3,932)   (3,932)
Redemption of noncontrolling interests   (1,790)   (13,048)
Contribution to Brazil venture       (12,630)
Foreign currency translation gains (losses), net 217 (245) (405) 88
Distributions ($0.58 and $1.74 per common unit for three and nine months ended September 30, 2020 and $0.53 and $1.59 for three and nine months ended September 30, 2019) and other (108,474) (28,706) (264,572) (93,017)
Ending balance 3,502,996 2,777,024 3,502,996 2,777,024
Prologis, L.P. [Member] | Preferred [Member] | General Partner        
Beginning balance $ 68,948 $ 68,948 $ 68,948 $ 68,948
Beginning balance, units 1,379 1,379 1,379 1,379
Repurchase of preferred units $ (5,000)   $ (5,000)  
Redemption of preferred units, units (100)   (100)  
Ending balance $ 63,948 $ 68,948 $ 63,948 $ 68,948
Ending balance, units 1,279 1,379 1,279 1,379
Prologis, L.P. [Member] | Common [Member] | General Partner        
Beginning balance $ 32,173,980 $ 22,261,860 $ 22,584,179 $ 22,229,145
Beginning balance, units 738,732 631,054 631,797 629,616
Consolidated net earnings $ 302,694 $ 452,146 $ 1,199,920 $ 1,185,968
Effect of equity compensation plans $ 14,275 $ 11,939 $ 21,103 $ 22,490
Effect of equity compensation plans, units 9 51 655 942
Liberty Transaction, net of issuance costs     $ 9,802,440  
Liberty Transaction, net of issuance costs, units     106,723  
Repurchases of common units     $ (34,829)  
Repurchases of common units, units     (539)  
Repurchase of preferred units $ (2,200)   $ (2,200)  
Purchase of noncontrolling interests   $ 2,557   $ 2,557
Redemption of noncontrolling interests   1,790   (8,045)
Redemption of limited partners units $ 9,700 $ 20,373 $ 14,252 $ 39,686
Redemption of limited partners units, units 224 638 329 1,185
Foreign currency translation gains (losses), net $ (44,637) $ 29,469 $ (174,903) $ 41,206
Unrealized gains (losses) on derivative contracts, net 2,301 (606) (19,164) (6,781)
Reallocation of capital 7,707 5,333 (64,752) (48,985)
Distributions ($0.58 and $1.74 per common unit for three and nine months ended September 30, 2020 and $0.53 and $1.59 for three and nine months ended September 30, 2019) and other (430,593) (336,599) (1,292,819) (1,008,979)
Ending balance $ 32,033,227 $ 22,448,262 $ 32,033,227 $ 22,448,262
Ending balance, units 738,965 631,743 738,965 631,743
Prologis, L.P. [Member] | Common [Member] | Limited Partners [Member]        
Beginning balance $ 563,403 $ 366,960 $ 355,076 $ 371,281
Beginning balance, units 12,914 10,402 9,933 10,516
Consolidated net earnings $ 5,158 $ 7,518 $ 20,752 $ 20,095
Effect of equity compensation plans $ 20,905 $ 14,261 $ 63,905 $ 51,582
Effect of equity compensation plans, units 22 35 1,279 1,493
Liberty Transaction, net of issuance costs     $ 210,190  
Liberty Transaction, net of issuance costs, units     2,288  
Issuance of units related to acquisitions $ 48,533   $ 48,533  
Issuance of units related to acquisitions, shares 461   461  
Redemption of limited partners units $ (78,215) $ (22,092) $ (125,307) $ (116,196)
Redemption of limited partners units, units (903) (468) (1,467) (2,040)
Foreign currency translation gains (losses), net $ (676) $ 457 $ (2,957) $ 650
Unrealized gains (losses) on derivative contracts, net 52 (5) (324) (106)
Reallocation of capital (8,454) (6,199) (851) 47,993
Distributions ($0.58 and $1.74 per common unit for three and nine months ended September 30, 2020 and $0.53 and $1.59 for three and nine months ended September 30, 2019) and other (9,080) (6,654) (27,391) (21,053)
Ending balance $ 541,626 $ 354,246 $ 541,626 $ 354,246
Ending balance, units 12,494 9,969 12,494 9,969
Prologis, L.P. [Member] | Class A Common [Member] | Limited Partners [Member]        
Beginning balance $ 350,078 $ 293,482 $ 288,187 $ 295,045
Beginning balance, units 8,608 8,849 8,613 8,849
Consolidated net earnings $ 3,216 $ 5,840 $ 13,242 $ 15,523
Redemption of limited partners units $ (519) $ (7,888) $ (722) $ (7,888)
Redemption of limited partners units, units (13) (236) (18) (236)
Foreign currency translation gains (losses), net $ (480) $ 372 $ (1,897) $ 527
Unrealized gains (losses) on derivative contracts, net 26 (5) (208) (87)
Reallocation of capital 747 866 65,603 992
Distributions ($0.58 and $1.74 per common unit for three and nine months ended September 30, 2020 and $0.53 and $1.59 for three and nine months ended September 30, 2019) and other (5,558) (5,570) (16,695) (17,015)
Ending balance $ 347,510 $ 287,097 $ 347,510 $ 287,097
Ending balance, units 8,595 8,613 8,595 8,613