v2.4.0.8
Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating activities:    
Consolidated net earnings $ 311,560 $ 284,780
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Straight-lined rents (32,990) (37,425)
Stock-based compensation awards, net 43,042 34,253
Depreciation and amortization 471,059 496,085
Earnings from unconsolidated entities, net (79,411) (59,554)
Distributions and net changes in operating receivables from unconsolidated entities 78,702 71,234
Amortization of debt and lease intangibles 19,686 6,583
Gains on acquisitions and dispositions of investment in real estate, net (337,695) (506,485)
Losses on early extinguishment of debt, net 163,361 164,155
Unrealized foreign currency and derivative losses (gains) and related amortization, net 1,993 (3,000)
Deferred income tax benefit (84,594) (6,823)
Increase in restricted cash, accounts receivable and other assets (20,688) (37,726)
Decrease in accounts payable and accrued expenses and other liabilities (83,238) (73,829)
Net cash provided by operating activities 450,787 332,248
Investing activities:    
Real estate development activity (776,441) (541,678)
Real estate acquisitions (389,818) (402,358)
Tenant improvements and lease commissions on previously leased space (95,812) (105,324)
Non-development capital expenditures (47,915) (56,378)
Investments in and advances to unconsolidated entities (1,324,530) (1,036,410)
Return of investment from unconsolidated entities 188,507 356,969
Proceeds from repayment of notes receivable backed by real estate 188,000  
Proceeds from dispositions and contributions of real estate properties 1,654,554 3,913,670
Acquisition of unconsolidated co-investment venture, net of cash received   (461,823)
Net cash provided by (used in) investing activities (603,445) 1,666,668
Financing activities:    
Proceeds from issuance of common stock, net 15,085 1,502,394
Dividends paid on common and preferred stock (502,259) (431,088)
Redemption of preferred stock (27,643) (482,500)
Noncontrolling interest contributions 467,016 110,552
Noncontrolling interest distributions (269,400) (54,297)
Purchase of noncontrolling interest (2,440) (247,803)
Debt and equity / capital issuance costs paid (19,318) (65,056)
Net proceeds from credit facilities 22,076 158,586
Repurchase and payments of debt (3,731,044) (3,985,781)
Proceeds from issuance of debt 4,024,785 1,565,883
Net cash used in financing activities (23,142) (1,929,110)
Effect of foreign currency exchange rate changes on cash (3,440) (48,923)
Net increase (decrease) in cash and cash equivalents (179,250) 20,883
Cash and cash equivalents, beginning of period 491,129 100,810
Cash and cash equivalents, end of period 311,879 121,693
Prologis, L.P. [Member]
   
Operating activities:    
Consolidated net earnings 311,560 284,780
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Straight-lined rents (32,990) (37,425)
Stock-based compensation awards, net 43,042 34,253
Depreciation and amortization 471,059 496,085
Earnings from unconsolidated entities, net (79,411) (59,554)
Distributions and net changes in operating receivables from unconsolidated entities 78,702 71,234
Amortization of debt and lease intangibles 19,686 6,583
Gains on acquisitions and dispositions of investment in real estate, net (337,695) (506,485)
Losses on early extinguishment of debt, net 163,361 164,155
Unrealized foreign currency and derivative losses (gains) and related amortization, net 1,993 (3,000)
Deferred income tax benefit (84,594) (6,823)
Increase in restricted cash, accounts receivable and other assets (20,688) (37,726)
Decrease in accounts payable and accrued expenses and other liabilities (83,238) (73,829)
Net cash provided by operating activities 450,787 332,248
Investing activities:    
Real estate development activity (776,441) (541,678)
Real estate acquisitions (389,818) (402,358)
Tenant improvements and lease commissions on previously leased space (95,812) (105,324)
Non-development capital expenditures (47,915) (56,378)
Investments in and advances to unconsolidated entities (1,324,530) (1,036,410)
Return of investment from unconsolidated entities 188,507 356,969
Proceeds from repayment of notes receivable backed by real estate 188,000  
Proceeds from dispositions and contributions of real estate properties 1,654,554 3,913,670
Acquisition of unconsolidated co-investment venture, net of cash received   (461,823)
Net cash provided by (used in) investing activities (603,455) 1,666,668
Financing activities:    
Proceeds from issuance of common stock, net 15,085 1,502,394
Distributions paid on common and preferred units (504,045) (434,664)
Redemption of preferred stock (27,643) (482,500)
Noncontrolling interest contributions 467,016 110,552
Noncontrolling interest distributions (267,617) (52,721)
Purchase of noncontrolling interest (2,440) (245,803)
Debt and equity / capital issuance costs paid (19,318) (65,056)
Net proceeds from credit facilities 22,076 158,586
Repurchase and payments of debt (3,731,044) (3,985,781)
Proceeds from issuance of debt 4,024,785 1,565,883
Net cash used in financing activities (23,142) (1,929,110)
Effect of foreign currency exchange rate changes on cash (3,440) (48,923)
Net increase (decrease) in cash and cash equivalents (179,250) 20,883
Cash and cash equivalents, beginning of period 491,129 100,810
Cash and cash equivalents, end of period $ 311,879 $ 121,693