2014 Q1 Form 10-Q Financial Statement

#000119312514185446 Filed on May 07, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q1
Revenue $434.7M $480.0M
YoY Change -9.44% 2.24%
Cost Of Revenue $134.7M $150.3M
YoY Change -10.38% 789.35%
Gross Profit $300.0M $329.7M
YoY Change -9.01% -28.48%
Gross Profit Margin 69.02% 68.69%
Selling, General & Admin $63.20M $56.20M
YoY Change 12.46% -68.5%
% of Gross Profit 21.07% 17.05%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $160.3M $177.4M
YoY Change -9.67% -7.5%
% of Gross Profit 53.43% 53.82%
Operating Expenses $363.2M $382.9M
YoY Change -5.15% -2.88%
Operating Profit $71.47M $97.04M
YoY Change -26.35% 19.03%
Interest Expense $85.52M $114.6M
YoY Change -25.4% -13.84%
% of Operating Profit 119.67% 118.14%
Other Income/Expense, Net -$52.58M $244.1M
YoY Change -121.54% 109.88%
Pretax Income $18.88M $341.2M
YoY Change -94.47% 69.36%
Income Tax $6.880M $51.87M
% Of Pretax Income 36.43% 15.2%
Net Earnings $6.801M $284.8M
YoY Change -97.61% 33.74%
Net Earnings / Revenue 1.56% 59.34%
Basic Earnings Per Share $0.01 $0.58
Diluted Earnings Per Share $0.01 $0.57
COMMON SHARES
Basic Shares Outstanding 498.7M 461.5M shares
Diluted Shares Outstanding 504.4M 479.0M shares

Balance Sheet

Concept 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $189.0M $785.0M
YoY Change -75.92% 128.2%
Cash & Equivalents $188.9M $785.4M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $115.0M $140.0M
Other Receivables $192.0M $188.0M
Total Short-Term Assets $496.0M $1.113B
YoY Change -55.44% 47.42%
LONG-TERM ASSETS
Property, Plant & Equipment $18.34B $18.30B
YoY Change 0.21% -24.75%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $4.513B $3.458B
YoY Change 30.5% 71.78%
Other Assets $10.00M $74.00M
YoY Change -86.49% -61.86%
Total Long-Term Assets $24.16B $22.96B
YoY Change 5.21% -18.32%
TOTAL ASSETS
Total Short-Term Assets $496.0M $1.113B
Total Long-Term Assets $24.16B $22.96B
Total Assets $24.66B $24.08B
YoY Change 2.41% -16.6%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $573.0M $589.0M
YoY Change -2.72% -12.61%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $295.0M
YoY Change
Total Short-Term Liabilities $868.0M $965.0M
YoY Change -10.05% -37.22%
LONG-TERM LIABILITIES
Long-Term Debt $8.576B $9.074B
YoY Change -5.49% -26.71%
Other Long-Term Liabilities $719.0M $826.0M
YoY Change -12.95% 107.02%
Total Long-Term Liabilities $9.295B $9.900B
YoY Change -6.11% -22.54%
TOTAL LIABILITIES
Total Short-Term Liabilities $868.0M $965.0M
Total Long-Term Liabilities $9.295B $9.900B
Total Liabilities $10.16B $10.86B
YoY Change -6.47% -28.29%
SHAREHOLDERS EQUITY
Retained Earnings -$4.095B -$3.561B
YoY Change 14.97%
Common Stock $4.997M $4.624M
YoY Change 8.07%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $13.57B $12.50B
YoY Change
Total Liabilities & Shareholders Equity $24.66B $24.08B
YoY Change 2.41% -16.6%

Cashflow Statement

Concept 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income $6.801M $284.8M
YoY Change -97.61% 33.74%
Depreciation, Depletion And Amortization $160.3M $177.4M
YoY Change -9.67% -7.5%
Cash From Operating Activities $72.24M $129.1M
YoY Change -44.06% 80.78%
INVESTING ACTIVITIES
Capital Expenditures -$329.2M -$230.6M
YoY Change 42.76% 18.8%
Acquisitions
YoY Change
Other Investing Activities -$188.0M $3.045B
YoY Change -106.17% 721.47%
Cash From Investing Activities -$517.1M $2.815B
YoY Change -118.37% 1494.11%
FINANCING ACTIVITIES
Cash Dividend Paid $168.2M $140.5M
YoY Change 19.72%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $92.87M
YoY Change 23.19%
Cash From Financing Activities 132.2M -2.262B
YoY Change -105.84% 2719.65%
NET CHANGE
Cash From Operating Activities 72.24M 129.1M
Cash From Investing Activities -517.1M 2.815B
Cash From Financing Activities 132.2M -2.262B
Net Change In Cash -312.7M 681.9M
YoY Change -145.86% 306.4%
FREE CASH FLOW
Cash From Operating Activities $72.24M $129.1M
Capital Expenditures -$329.2M -$230.6M
Free Cash Flow $401.4M $359.7M
YoY Change 11.59% 35.48%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2014Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
499688000 shares
CY2013Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
785359000
CY2013Q1 pld Number Of Co Investment Ventures
NumberOfCoInvestmentVentures
2 Venture
CY2014Q1 invest Derivative Notional Amount
DerivativeNotionalAmount
1000000000
CY2014Q1 invest Derivative Notional Amount
DerivativeNotionalAmount
1400000000
CY2014Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
499651000 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
6027635 shares
CY2014Q1 us-gaap Derivative Average Forward Exchange Rate1
DerivativeAverageForwardExchangeRate1
1.35 pure
CY2014Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
499651000 shares
CY2014Q1 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
50
CY2014Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
2000000 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
36.02
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6033635 shares
CY2014Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2014Q1 us-gaap Number Of Interest Rate Derivatives Held
NumberOfInterestRateDerivativesHeld
1 Contract
CY2014Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2014Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
2000000 shares
CY2014Q1 us-gaap Preferred Stock Value
PreferredStockValue
100000000
CY2014Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
669000000
CY2014Q1 us-gaap Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
874576000
CY2014Q1 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
2698043000
CY2014Q1 us-gaap Equity Method Investment Summarized Financial Information Liabilities
EquityMethodInvestmentSummarizedFinancialInformationLiabilities
8840900000
CY2014Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
18005321000
CY2014Q1 us-gaap Translation Adjustment For Net Investment Hedge Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeNetOfTax
-32066000
CY2014Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
72700000
CY2014Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-444594000
CY2014Q1 us-gaap Minority Interest In Limited Partnerships
MinorityInterestInLimitedPartnerships
47632000
CY2014Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
14493243000
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
13571035000
CY2014Q1 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
8870635000
CY2014Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
862000000
CY2014Q1 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
9504219000
CY2014Q1 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
572754000
CY2014Q1 us-gaap Minority Interest
MinorityInterest
922208000
CY2014Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
2465100000
CY2014Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
981000000
CY2014Q1 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
2272900000
CY2014Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-4094689000
CY2014Q1 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
8842000000
CY2014Q1 us-gaap Common Stock Value
CommonStockValue
4997000
CY2014Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
24655148000
CY2014Q1 us-gaap Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
119500000
CY2014Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1224000000
CY2014Q1 us-gaap Other Liabilities
OtherLiabilities
718516000
CY2014Q1 pld Long Term Debt Maturities Repayments Of Principal In Year Eight
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearEight
975000000
CY2014Q1 pld Debt For Noncontrolling Interest
DebtForNoncontrollingInterest
238148000
CY2014Q1 pld Equity Method Investment Summarized Financial Information Third Party Debt
EquityMethodInvestmentSummarizedFinancialInformationThirdPartyDebt
7383900000
CY2014Q1 pld Percentage Of Coinvestment
PercentageOfCoinvestment
Less than 100%
CY2014Q1 pld Guaranteed Debt
GuaranteedDebt
0
CY2014Q1 pld Equity Method Investment Summarized Financial Information Of Company Weighted Average Ownership
EquityMethodInvestmentSummarizedFinancialInformationOfCompanyWeightedAverageOwnership
0.294 pure
CY2014Q1 us-gaap Long Term Debt
LongTermDebt
8871000000
CY2014Q1 us-gaap Liabilities
Liabilities
10161905000
CY2014Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
295000000
CY2014Q1 us-gaap Derivative Instruments In Hedges Liabilities At Fair Value
DerivativeInstrumentsInHedgesLiabilitiesAtFairValue
43306000
CY2014Q1 us-gaap Deferred Gain On Sale Of Property
DeferredGainOnSaleOfProperty
427300000
CY2014Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
971000000
CY2014Q1 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
18340747000
CY2014Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
9750000
CY2014Q1 us-gaap Assets
Assets
24655148000
CY2014Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
21038790000
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
188886000
CY2014Q1 us-gaap Equity Method Investments
EquityMethodInvestments
4513200000
CY2014Q1 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
-29000000
CY2014Q1 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
1121260000
CY2014Q1 us-gaap Accounts Receivable Net
AccountsReceivableNet
114880000
CY2014Q1 us-gaap Derivative Instruments In Hedges Assets At Fair Value
DerivativeInstrumentsInHedgesAssetsAtFairValue
16193000
CY2014Q1 us-gaap Loans Receivable Net
LoansReceivableNet
191703000
CY2014Q1 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
4687922000
CY2014Q1 pld Net Investments In Real Estate
NetInvestmentsInRealEstate
23220372000
CY2014Q1 pld Long Term Debt Maturities Repayments Of Principal In Year Nine
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearNine
858000000
CY2014Q1 pld Remaining Equity Commitments
RemainingEquityCommitments
2506200000
CY2014Q1 pld Long Term Debt Maturities Repayments Of Principal In Year Seven
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearSeven
508000000
CY2014Q1 pld Equity Method Investment Summarized Financial Information Amount Due To Company
EquityMethodInvestmentSummarizedFinancialInformationAmountDueToCompany
122600000
CY2014Q1 pld Debt For Noncontrolling Interest Limited Partnerships
DebtForNoncontrollingInterestLimitedPartnerships
CY2014Q1 pld Outstanding Limited Partnership Units Exchangeable Into Common Shares
OutstandingLimitedPartnershipUnitsExchangeableIntoCommonShares
1948608 shares
CY2014Q1 pld Long Term Debt Maturities Repayments Of Principal In Year Six
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearSix
389000000
CY2014Q1 pld Number Of Co Investment Ventures
NumberOfCoInvestmentVentures
2 Venture
CY2014Q1 pld Long Term Debt Maturities Repayments Of Principal After Year Nine
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearNine
1110000000
CY2014Q1 pld Number Of Co Investment Ventures Concluded
NumberOfCoInvestmentVenturesConcluded
3 Venture
CY2014Q1 pld Noncontrolling Interest And Limited Operating Partnership Debt
NoncontrollingInterestAndLimitedOperatingPartnershipDebt
238148000
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
100810000
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
498799000 shares
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
498799000 shares
CY2013Q4 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
50
CY2013Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
2000000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6253497 shares
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
2000000 shares
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
100000000
CY2013Q4 us-gaap Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
417086000
CY2013Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
2568998000
CY2013Q4 us-gaap Equity Method Investment Summarized Financial Information Liabilities
EquityMethodInvestmentSummarizedFinancialInformationLiabilities
9189900000
CY2013Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
17974509000
CY2013Q4 us-gaap Translation Adjustment For Net Investment Hedge Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeNetOfTax
-14045000
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-435675000
CY2013Q4 us-gaap Minority Interest In Limited Partnerships
MinorityInterestInLimitedPartnerships
48209000
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
14176453000
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
13711158000
CY2013Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
9011216000
CY2013Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
9586791000
CY2013Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
641011000
CY2013Q4 us-gaap Minority Interest
MinorityInterest
465295000
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-3932664000
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
4988000
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
24572307000
CY2013Q4 us-gaap Other Liabilities
OtherLiabilities
743627000
CY2013Q4 us-gaap Liabilities
Liabilities
10395854000
CY2013Q4 us-gaap Derivative Instruments In Hedges Liabilities At Fair Value
DerivativeInstrumentsInHedgesLiabilitiesAtFairValue
35940000
CY2013Q4 us-gaap Deferred Gain On Sale Of Property
DeferredGainOnSaleOfProperty
431100000
CY2013Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
18255479000
CY2013Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
14210000
CY2013Q4 us-gaap Assets
Assets
24572307000
CY2013Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
20824477000
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
491129000
CY2013Q4 us-gaap Equity Method Investments
EquityMethodInvestments
4250000000
CY2013Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
1061012000
CY2013Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
128196000
CY2013Q4 us-gaap Derivative Instruments In Hedges Assets At Fair Value
DerivativeInstrumentsInHedgesAssetsAtFairValue
20241000
CY2013Q4 us-gaap Loans Receivable Net
LoansReceivableNet
192042000
CY2013Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
4430239000
CY2013Q4 pld Net Investments In Real Estate
NetInvestmentsInRealEstate
22877760000
CY2013Q4 pld Debt For Noncontrolling Interest
DebtForNoncontrollingInterest
239992000
CY2013Q4 pld Equity Method Investment Summarized Financial Information Third Party Debt
EquityMethodInvestmentSummarizedFinancialInformationThirdPartyDebt
7712500000
CY2013Q4 pld Guaranteed Debt
GuaranteedDebt
0
CY2013Q4 pld Equity Method Investment Summarized Financial Information Of Company Weighted Average Ownership
EquityMethodInvestmentSummarizedFinancialInformationOfCompanyWeightedAverageOwnership
0.292 pure
CY2013Q4 pld Equity Method Investment Summarized Financial Information Amount Due To Company
EquityMethodInvestmentSummarizedFinancialInformationAmountDueToCompany
164000000
CY2013Q4 pld Debt For Noncontrolling Interest Limited Partnerships
DebtForNoncontrollingInterestLimitedPartnerships
CY2013Q4 pld Outstanding Limited Partnership Units Exchangeable Into Common Shares
OutstandingLimitedPartnershipUnitsExchangeableIntoCommonShares
1948608 shares
CY2013Q4 pld Noncontrolling Interest And Limited Operating Partnership Debt
NoncontrollingInterestAndLimitedOperatingPartnershipDebt
239992000
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0067 pure
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.46 pure
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
23100000
CY2013 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.042 pure
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.57
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
478952000 shares
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.58
CY2013Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
11879000 shares
CY2013Q1 us-gaap Weighted Average General Partnership Units Outstanding
WeightedAverageGeneralPartnershipUnitsOutstanding
1894000 shares
CY2013Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
129140000
CY2013Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.56
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
461468000 shares
CY2013Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.02
CY2013Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.02
CY2013Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.55
CY2013Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.28
CY2013Q1 us-gaap Interest Paid Net
InterestPaidNet
110600000
CY2013Q1 us-gaap Tenant Reimbursements
TenantReimbursements
96888000
CY2013Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
14606000
CY2013Q1 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
1793000
CY2013Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
23314000
CY2013Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
341171000
CY2013Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
4900000
CY2013Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
265416000
CY2013Q1 us-gaap Management Fees Revenue
ManagementFeesRevenue
33635000
CY2013Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
7627000
CY2013Q1 us-gaap Disposal Group Including Discontinued Operation Rental Income
DisposalGroupIncludingDiscontinuedOperationRentalIncome
11268000
CY2013Q1 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
375800000
CY2013Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
11627000
CY2013Q1 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
2192000
CY2013Q1 us-gaap Profit Loss
ProfitLoss
296932000
CY2013Q1 us-gaap Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
161673000
CY2013Q1 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
-32936000
CY2013Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-17351000
CY2013Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
97039000
CY2013Q1 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
54400000
CY2013Q1 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
55907000
CY2013Q1 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
338845000
CY2013Q1 us-gaap Straight Line Rent
StraightLineRent
16661000
CY2013Q1 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
1955000
CY2013Q1 us-gaap Payments For Leasing Costs Commissions And Tenant Improvements
PaymentsForLeasingCostsCommissionsAndTenantImprovements
29950000
CY2013Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-286254000
CY2013Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
244132000
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
284829000
CY2013Q1 us-gaap Equity Method Investment Summarized Financial Information Gross Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss
274600000
CY2013Q1 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
347256000
CY2013Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
12636000
CY2013Q1 us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
47235000
CY2013Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
289305000
CY2013Q1 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
258414000
CY2013Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
13012000
CY2013Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
24768000
CY2013Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
140528000
CY2013Q1 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
479971000
CY2013Q1 us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
-1631538000
CY2013Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
12103000
CY2013Q1 us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
3739000
CY2013Q1 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
5202000
CY2013Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-3395000
CY2013Q1 us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
-40991000
CY2013Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
56197000
CY2013Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2492000
CY2013Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2261865000
CY2013Q1 us-gaap Dividends Preferred Stock
DividendsPreferredStock
10305000
CY2013Q1 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
82847000
CY2013Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
4353000
CY2013Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3640000
CY2013Q1 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
24937000
CY2013Q1 us-gaap Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
425000
CY2013Q1 us-gaap Service Management Costs
ServiceManagementCosts
19909000
CY2013Q1 us-gaap Share Based Compensation
ShareBasedCompensation
9755000
CY2013Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
172119000
CY2013Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
684549000
CY2013Q1 us-gaap Interest Expense
InterestExpense
114641000
CY2013Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
2814582000
CY2013Q1 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable
-1182000
CY2013Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
177431000
CY2013Q1 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-496045000
CY2013Q1 us-gaap Depreciation And Amortization Discontinued Operations
DepreciationAndAmortizationDiscontinuedOperations
5311000
CY2013Q1 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
55506000
CY2013Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7800000
CY2013Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
3250691000
CY2013Q1 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
130354000
CY2013Q1 us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
9108000
CY2013Q1 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
8400000
CY2013Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
4235000
CY2013Q1 us-gaap Operating Expenses
OperatingExpenses
382932000
CY2013Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
51866000
CY2013Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
2692000
CY2013Q1 pld Weighted Average Potentially Dilutive Limited Partnership Units Outstanding
WeightedAveragePotentiallyDilutiveLimitedPartnershipUnitsOutstanding
14140000 shares
CY2013Q1 pld Adjusted Net Earnings Loss Attributable To Common Shares
AdjustedNetEarningsLossAttributableToCommonShares
270833000
CY2013Q1 pld Proceeds From Payments To Minority Shareholders Excluding Limited Partner Distributions
ProceedsFromPaymentsToMinorityShareholdersExcludingLimitedPartnerDistributions
-7356000
CY2013Q1 pld Incremental Common Shares Attributable To Conversion Of Limited Partnership Units
IncrementalCommonSharesAttributableToConversionOfLimitedPartnershipUnits
3039000 shares
CY2013Q1 pld Net Gain Loss On Dispositions Net Of Related Impairment Charges And Taxes
NetGainLossOnDispositionsNetOfRelatedImpairmentChargesAndTaxes
5834000
CY2013Q1 pld Incremental Common Shares Attributable To Stock Awards And Warrants
IncrementalCommonSharesAttributableToStockAwardsAndWarrants
2566000 shares
CY2013Q1 pld Gain Loss On Foreign Currency And Derivative Contracts
GainLossOnForeignCurrencyAndDerivativeContracts
884000
CY2013Q1 pld Gain Loss On Disposal Group Continuing And Discontinued Operations Net Of Related Impairment Charges
GainLossOnDisposalGroupContinuingAndDiscontinuedOperationsNetOfRelatedImpairmentCharges
344679000
CY2014Q1 dei Trading Symbol
TradingSymbol
PLD
CY2014Q1 dei Entity Registrant Name
EntityRegistrantName
Prologis, Inc.
CY2014Q1 dei Amendment Flag
AmendmentFlag
false
CY2014Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2014Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014Q1 dei Document Type
DocumentType
10-Q
CY2014Q1 dei Document Period End Date
DocumentPeriodEndDate
2014-03-31
CY2014Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001045609
CY2014Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2014Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 Segment
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
504373000 shares
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.01
CY2014Q1 us-gaap Nature Of Operations
NatureOfOperations
<div> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> <b><i>Business.&#xA0;</i></b>Prologis, Inc. (the &#x201C;REIT&#x201D;) commenced operations as a fully integrated real estate company in 1997, elected to be taxed as a real estate investment trust under the Internal Revenue Code of 1986, as amended (&#x201C;Internal Revenue Code&#x201D;), and believes the current organization and method of operation will enable the REIT to maintain its status as a real estate investment trust. The REIT is the general partner of Prologis, L.P. (the &#x201C;Operating Partnership&#x201D;). Through the controlling interest in the Operating Partnership, we are engaged in the ownership, acquisition, development and operation of industrial properties in global and regional markets throughout the Americas, Europe and Asia. Our current business strategy includes two reportable business segments: Real Estate Operations and Investment Management. Our Real Estate Operations segment represents the long-term ownership of industrial properties. Our Investment Management segment represents the long-term management of co-investment ventures. See Note 11 for further discussion of our business segments. Unless otherwise indicated, the notes to the Consolidated Financial Statements apply to both the REIT and the Operating Partnership. The terms &#x201C;the Company,&#x201D; &#x201C;Prologis,&#x201D; &#x201C;we,&#x201D; &#x201C;our&#x201D; or &#x201C;us&#x201D; means the REIT and Operating Partnership collectively.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> For each share of common stock or preferred stock the REIT issues, the Operating Partnership issues a corresponding common or preferred partnership unit, as applicable, to the REIT in exchange for the contribution of the proceeds from the stock issuance. As of March&#xA0;31, 2014, the REIT owned an approximate 99.65% common general partnership interest in the Operating Partnership, and 100% of the preferred units. The remaining approximate 0.35% common limited partnership interests are owned by non-affiliated investors and certain current and former directors and officers of the REIT. As the sole general partner of the Operating Partnership, the REIT has full, exclusive and complete responsibility and discretion in the day-to-day management and control of the Operating Partnership. We operate the REIT and the Operating Partnership as one enterprise. The management of the REIT consists of the same members as the management of the Operating Partnership. These members are officers of the REIT and employees of the Operating Partnership or one of its direct or indirect subsidiaries. As general partner with control of the Operating Partnership, the REIT consolidates the Operating Partnership for financial reporting purposes. The REIT does not have significant assets other than its investment in the Operating Partnership and therefore, the assets and liabilities of the REIT and the Operating Partnership are the same on their respective financial statements.</p> </div>
CY2014Q1 us-gaap Weighted Average General Partnership Units Outstanding
WeightedAverageGeneralPartnershipUnitsOutstanding
1767000 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2014Q1 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.044 pure
CY2014Q1 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
1 Investment
CY2014Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
72243000
CY2014Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.01
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
498696000 shares
CY2014Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 Segment
CY2014Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
219362 shares
CY2014Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.01
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
500 shares
CY2014Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.33
CY2014Q1 us-gaap Limited Liability Company Llc Or Limited Partnership Lp Members Or Limited Partners Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest
0.0035 pure
CY2014Q1 us-gaap Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest
0.9965 pure
CY2014Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
17019000
CY2014Q1 us-gaap Interest Paid Net
InterestPaidNet
75100000
CY2014Q1 us-gaap Tenant Reimbursements
TenantReimbursements
87362000
CY2014Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-2118000
CY2014Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
6019000
CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
18883000
CY2014Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
23600000
CY2014Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
4666000
CY2014Q1 us-gaap Management Fees Revenue
ManagementFeesRevenue
45310000
CY2014Q1 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
483400000
CY2014Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
14050000
CY2014Q1 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
1132000
CY2014Q1 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
7430000
CY2014Q1 us-gaap Profit Loss
ProfitLoss
12003000
CY2014Q1 us-gaap Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
244268000
CY2014Q1 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
54819000
CY2014Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
273000
CY2014Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
71466000
CY2014Q1 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
86800000
CY2014Q1 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
77307000
CY2014Q1 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
17055000
CY2014Q1 us-gaap Straight Line Rent
StraightLineRent
13066000
CY2014Q1 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-27828000
CY2014Q1 us-gaap Payments For Leasing Costs Commissions And Tenant Improvements
PaymentsForLeasingCostsCommissionsAndTenantImprovements
33346000
CY2014Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-4723000
CY2014Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-52583000
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
6801000
CY2014Q1 us-gaap Equity Method Investment Summarized Financial Information Gross Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss
368900000
CY2014Q1 us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
5659000
CY2014Q1 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
300878000
CY2014Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-1261000
CY2014Q1 us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
-23551000
CY2014Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
12003000
CY2014Q1 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
328321000
CY2014Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
7576000
CY2014Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
29746000
CY2014Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
168241000
CY2014Q1 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
434682000
CY2014Q1 us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
-710400000
CY2014Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
5202000
CY2014Q1 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
7465000
CY2014Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
2935000
CY2014Q1 us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
-60530000
CY2014Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
63203000
CY2014Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
5326000
CY2014Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
132184000
CY2014Q1 us-gaap Dividends Preferred Stock
DividendsPreferredStock
2135000
CY2014Q1 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
92460000
CY2014Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
5053000
CY2014Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1032000
CY2014Q1 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
26025000
CY2014Q1 us-gaap Service Management Costs
ServiceManagementCosts
24163000
CY2014Q1 us-gaap Share Based Compensation
ShareBasedCompensation
15238000
CY2014Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
160280000
CY2014Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-302243000
CY2014Q1 us-gaap Interest Expense
InterestExpense
85523000
CY2014Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-517127000
CY2014Q1 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable
-17000
CY2014Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
160280000
CY2014Q1 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-607496000
CY2014Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1165359000
CY2014Q1 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
5848000
CY2014Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6900000
CY2014Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
81231000
CY2014Q1 us-gaap Dividends
Dividends
169289000
CY2014Q1 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
110517000
CY2014Q1 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
452327000
CY2014Q1 us-gaap Operating Expenses
OperatingExpenses
363216000
CY2014Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6880000
CY2014Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
10457000
CY2014Q1 pld Percentage Of Interest In Preferred Units
PercentageOfInterestInPreferredUnits
1.00 pure
CY2014Q1 pld Weighted Average Potentially Dilutive Limited Partnership Units Outstanding
WeightedAveragePotentiallyDilutiveLimitedPartnershipUnitsOutstanding
15546000 shares
CY2014Q1 pld Adjusted Net Earnings Loss Attributable To Common Shares
AdjustedNetEarningsLossAttributableToCommonShares
4683000
CY2014Q1 pld Contributions To Joint Venture
ContributionsToJointVenture
455611000
CY2014Q1 pld Proceeds From Payments To Minority Shareholders Excluding Limited Partner Distributions
ProceedsFromPaymentsToMinorityShareholdersExcludingLimitedPartnerDistributions
-1171000
CY2014Q1 pld Interest Rate Swap Contract Expiration Date
InterestRateSwapContractExpirationDate
2017-05
CY2014Q1 pld Incremental Common Shares Attributable To Conversion Of Limited Partnership Units
IncrementalCommonSharesAttributableToConversionOfLimitedPartnershipUnits
1767000 shares
CY2014Q1 pld Number Of Foreign Currency Derivative Contract
NumberOfForeignCurrencyDerivativeContract
11 Contract
CY2014Q1 pld Incremental Common Shares Attributable To Stock Awards And Warrants
IncrementalCommonSharesAttributableToStockAwardsAndWarrants
3910000 shares
CY2014Q1 pld Gain Loss On Foreign Currency And Derivative Contracts
GainLossOnForeignCurrencyAndDerivativeContracts
-28184000
CY2014Q1 pld Gain Loss On Disposal Group Continuing And Discontinued Operations Net Of Related Impairment Charges
GainLossOnDisposalGroupContinuingAndDiscontinuedOperationsNetOfRelatedImpairmentCharges
17055000

Files In Submission

Name View Source Status
0001193125-14-185446-index-headers.html Edgar Link pending
0001193125-14-185446-index.html Edgar Link pending
0001193125-14-185446.txt Edgar Link pending
0001193125-14-185446-xbrl.zip Edgar Link pending
d696329d10q.htm Edgar Link pending
d696329dex101.htm Edgar Link pending
d696329dex121.htm Edgar Link pending
d696329dex122.htm Edgar Link pending
d696329dex151.htm Edgar Link pending
d696329dex152.htm Edgar Link pending
d696329dex311.htm Edgar Link pending
d696329dex312.htm Edgar Link pending
d696329dex313.htm Edgar Link pending
d696329dex314.htm Edgar Link pending
d696329dex321.htm Edgar Link pending
d696329dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
g696329g21k16.jpg Edgar Link pending
pld-20140331.xml Edgar Link completed
pld-20140331.xsd Edgar Link pending
pld-20140331_cal.xml Edgar Link unprocessable
pld-20140331_def.xml Edgar Link unprocessable
pld-20140331_lab.xml Edgar Link unprocessable
pld-20140331_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending