XML 32 R9.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated Statements of Capital - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Consolidated net earnings $ 399,693 $ 521,164
Effect of equity compensation plans 31,340 23,323
Capital contributions 120 916,974
Unrealized gains (losses) on derivative contracts, net 4,821 (23,448)
Noncontrolling Interests [Member]    
Consolidated net earnings 32,346 30,111
Effect of equity compensation plans 27,298 26,439
Capital contributions 120 916,974
Unrealized gains (losses) on derivative contracts, net $ 132 (655)
Class A Common [Member]    
Beginning balance, Units 8,600  
Ending balance, Units 8,600  
Prologis, L.P. [Member]    
Beginning balance $ 36,324,580 26,071,784
Consolidated net earnings 399,693 521,164
Effect of equity compensation plans 31,340 23,323
Repurchases of common units   (34,829)
Capital contributions 120 916,974
Redemption of limited partners units (31,372) (16,811)
Foreign currency translation gains (losses), net 171,759 (133,533)
Unrealized gains (losses) on derivative contracts, net 4,821 (23,448)
Distributions ($0.63 per common unit for three months ended March 31, 2021 and $0.58 for three months ended March 31, 2020) and other (515,738) (562,800)
Ending balance 36,385,203 36,775,870
Prologis, L.P. [Member] | Liberty Transaction [Member]    
Liberty Transaction, net of issuance costs   10,014,046
Prologis, L.P. [Member] | Noncontrolling Interests [Member]    
Beginning balance 3,483,526 2,775,394
Consolidated net earnings 22,078 16,141
Capital contributions 120 916,974
Foreign currency translation gains (losses), net (476) (663)
Distributions ($0.63 per common unit for three months ended March 31, 2021 and $0.58 for three months ended March 31, 2020) and other (31,786) (117,237)
Ending balance 3,473,462 3,591,986
Prologis, L.P. [Member] | Noncontrolling Interests [Member] | Liberty Transaction [Member]    
Liberty Transaction, net of issuance costs   1,377
Prologis, L.P. [Member] | Preferred [Member] | General Partner    
Beginning balance $ 63,948 $ 68,948
Beginning balance, Units 1,279 1,379
Ending balance $ 63,948 $ 68,948
Ending balance, Units 1,279 1,379
Prologis, L.P. [Member] | Common [Member] | General Partner    
Beginning balance $ 31,907,599 $ 22,584,179
Beginning balance, Units 739,381 631,797
Consolidated net earnings $ 367,347 $ 491,053
Effect of equity compensation plans $ 4,042 $ (3,116)
Effect of equity compensation plans, units 360 518
Repurchases of common units   $ (34,829)
Repurchase of common shares, shares   (539)
Redemption of limited partners units $ 233 $ 2,784
Redemption of limited partners units, units 5 64
Foreign currency translation gains (losses), net $ 167,499 $ (129,161)
Unrealized gains (losses) on derivative contracts, net 4,689 (22,793)
Reallocation of capital (38,816) (69,327)
Distributions ($0.63 per common unit for three months ended March 31, 2021 and $0.58 for three months ended March 31, 2020) and other (468,024) (430,775)
Ending balance $ 31,944,569 $ 32,190,494
Ending balance, Units 739,746 738,563
Prologis, L.P. [Member] | Common [Member] | General Partner | Liberty Transaction [Member]    
Liberty Transaction, net of issuance costs   $ 9,802,479
Liberty Transaction, net of issuance costs, units   106,723
Prologis, L.P. [Member] | Common [Member] | Limited Partners [Member]    
Beginning balance $ 523,954 $ 355,076
Beginning balance, Units 12,142 9,933
Consolidated net earnings $ 6,277 $ 8,319
Effect of equity compensation plans $ 27,298 $ 26,439
Effect of equity compensation plans, units 1,055 1,191
Redemption of limited partners units $ (31,605) $ (19,595)
Redemption of limited partners units, units (341) (254)
Foreign currency translation gains (losses), net $ 2,911 $ (2,301)
Unrealized gains (losses) on derivative contracts, net 81 (406)
Reallocation of capital 36,630 4,977
Distributions ($0.63 per common unit for three months ended March 31, 2021 and $0.58 for three months ended March 31, 2020) and other (10,370) (9,218)
Ending balance $ 555,176 $ 573,481
Ending balance, Units 12,856 13,158
Prologis, L.P. [Member] | Common [Member] | Limited Partners [Member] | Liberty Transaction [Member]    
Liberty Transaction, net of issuance costs   $ 210,190
Liberty Transaction, net of issuance costs, units   2,288
Prologis, L.P. [Member] | Class A Common [Member] | Limited Partners [Member]    
Beginning balance $ 345,553 $ 288,187
Beginning balance, Units 8,595 8,613
Consolidated net earnings $ 3,991 $ 5,651
Foreign currency translation gains (losses), net 1,825 (1,408)
Unrealized gains (losses) on derivative contracts, net 51 (249)
Reallocation of capital 2,186 64,350
Distributions ($0.63 per common unit for three months ended March 31, 2021 and $0.58 for three months ended March 31, 2020) and other (5,558) (5,570)
Ending balance $ 348,048 $ 350,961
Ending balance, Units 8,595 8,613