Prologis, Inc(NYSE:PLD) 
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of December 31, 2020, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approxima...
Website: http://www.prologis.com
Founded: 1983
Full Time Employees: 1,712
CEO: Hamid Moghadam
Sector: Real Estate
Industry: REIT-Industrial
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Quarterly
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| Unit: USD | 2026-03-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-09-30 | 2016-03-31 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 |
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revenues: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rental | 2,125,084,000 | 2,054,200,000 | 2,025,332,000 | 1,987,265,000 | 1,937,507,000 | 1,897,164,000 | 1,852,376,000 | 1,827,658,000 | 1,755,959,000 | 1,777,359,000 | 1,651,454,000 | 1,633,770,000 | 1,591,012,000 | 1,151,846,000 | 1,093,452,000 | 1,076,861,000 | 1,074,294,000 | 1,037,281,000 | 1,014,763,000 | 1,021,656,000 | 987,810,000 | 980,148,000 | 944,366,000 | 878,807,000 | 723,857,000 | 710,465,000 | 700,689,000 | 696,807,000 | 527,574,000 | 476,865,000 | 426,549,000 | 427,901,000 | 433,568,000 | 416,427,000 | 447,960,000 | 439,884,000 | 435,868,000 | 437,104,000 | ||||||||||||||||||||||||||||||
strategic capital | 160,812,000 | 150,351,000 | 147,162,000 | 141,139,000 | 253,386,000 | 135,367,000 | 154,742,000 | 128,412,000 | 129,648,000 | 136,848,000 | 799,035,000 | 134,701,000 | 154,669,000 | 594,752,000 | 156,239,000 | 133,925,000 | 199,954,000 | 141,448,000 | 129,387,000 | 119,961,000 | 120,745,000 | 98,993,000 | 320,658,000 | 96,591,000 | 98,470,000 | 230,467,000 | 89,144,000 | 73,805,000 | 126,500,000 | 71,142,000 | 75,697,000 | 132,961,000 | 68,148,000 | 68,042,000 | 180,654,000 | 57,045,000 | 140,577,000 | 49,666,000 | ||||||||||||||||||||||||||||||
development management and other | 11,827,000 | 9,330,000 | 11,375,000 | 11,261,000 | 9,753,000 | 3,858,000 | 836,000 | 551,000 | 3,640,000 | 457,000 | 482,000 | 116,000 | 5,911,000 | 4,294,000 | 2,389,000 | 8,342,000 | 2,985,000 | 4,320,000 | 6,692,000 | 6,699,000 | 3,042,000 | 3,632,000 | 1,100,000 | 2,843,000 | 3,689,000 | 1,249,000 | 539,000 | 1,440,000 | 1,390,000 | 2,316,000 | 900,000 | 4,752,000 | 1,125,000 | 3,650,000 | 9,152,000 | 5,177,000 | 3,711,000 | 2,518,000 | ||||||||||||||||||||||||||||||
total revenues | 2,297,723,000 | 2,213,881,000 | 2,183,869,000 | 2,139,665,000 | 2,200,646,000 | 2,036,389,000 | 2,007,954,000 | 1,956,621,000 | 1,889,247,000 | 1,914,664,000 | 2,450,971,000 | 1,768,587,000 | 1,751,592,000 | 1,750,892,000 | 1,252,080,000 | 1,219,128,000 | 1,277,233,000 | 1,183,049,000 | 1,150,842,000 | 1,148,316,000 | 1,111,597,000 | 1,082,773,000 | 1,266,124,000 | 978,241,000 | 826,016,000 | 942,181,000 | 790,372,000 | 772,052,000 | 807,085,000 | 682,432,000 | 621,276,000 | 693,656,000 | 619,922,000 | 602,874,000 | 766,183,000 | 629,155,000 | 704,565,000 | 606,300,000 | 510,404,000 | 462,847,000 | 450,865,000 | 415,151,000 | 460,089,000 | 434,682,000 | 416,746,000 | 430,185,000 | 419,474,000 | 490,616,000 | 494,916,000 | 512,105,000 | 520,748,000 | 500,064,000 | 457,608,000 | 501,393,000 | 335,901,000 | 165,768,000 | 474,804,000 | 158,696,000 | 158,618,000 | 157,952,000 | 476,307,000 | 157,535,000 | 147,370,000 | 165,529,000 | 552,550,000 | 162,495,000 | 209,299,000 | 176,486,000 |
yoy | 4.41% | 8.72% | 8.76% | 9.36% | 16.48% | 6.36% | -18.08% | 10.63% | 7.86% | 9.35% | 95.75% | 45.07% | 37.14% | 48.00% | 8.80% | 6.17% | 14.90% | 9.26% | -9.11% | 17.39% | 34.57% | 14.92% | 60.19% | 26.71% | 2.35% | 38.06% | 27.22% | 11.30% | 30.19% | 13.20% | -18.91% | 10.25% | -12.01% | -0.57% | 50.11% | 35.93% | 56.27% | 46.04% | 10.94% | 6.48% | 8.19% | -3.49% | 9.68% | -11.40% | -15.79% | -16.00% | -19.45% | -1.89% | 8.15% | 2.14% | 55.03% | 201.66% | -3.62% | 215.95% | 111.77% | 4.95% | -0.32% | 0.74% | 7.63% | -4.58% | -13.80% | -3.05% | -29.59% | -6.21% | ||||
qoq | 3.79% | 1.37% | 2.07% | -2.77% | 8.07% | 1.42% | 2.62% | 3.57% | -1.33% | -21.88% | 38.58% | 0.97% | 0.04% | 39.84% | 2.70% | -4.55% | 7.96% | 2.80% | 0.22% | 3.30% | 2.66% | -14.48% | 29.43% | 18.43% | -12.33% | 19.21% | 2.37% | -4.34% | 18.27% | 9.84% | -10.43% | 11.89% | 2.83% | -21.31% | 21.78% | -10.70% | 16.21% | 18.79% | 10.27% | 2.66% | 8.60% | -9.77% | 5.84% | 4.30% | -3.12% | 2.55% | -14.50% | -0.87% | -3.36% | -1.66% | 4.14% | 9.28% | -8.73% | 49.27% | 102.63% | -65.09% | 199.19% | 0.05% | 0.42% | -66.84% | 202.35% | 6.90% | -10.97% | -70.04% | 240.04% | -22.36% | 18.59% | |
expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
general and administrative | 126,890,000 | 110,662,000 | 106,871,000 | 114,701,000 | 102,724,000 | 98,154,000 | 106,596,000 | 111,291,000 | 98,309,000 | 96,673,000 | 95,647,000 | 99,777,000 | 85,420,000 | 87,903,000 | 83,114,000 | 74,646,000 | 73,823,000 | 66,970,000 | 74,342,000 | 78,032,000 | 66,144,000 | 74,348,000 | 64,664,000 | 69,689,000 | 65,542,000 | 65,199,000 | 66,276,000 | 69,701,000 | 56,698,000 | 62,244,000 | 57,615,000 | 62,428,000 | 59,709,000 | 57,656,000 | 60,077,000 | 53,617,000 | 58,157,000 | 50,543,000 | 51,840,000 | -30,661,000 | -95,649,000 | -28,715,000 | -30,093,000 | -31,951,000 | -88,097,000 | -27,156,000 | -25,363,000 | -31,249,000 | -109,567,000 | -34,415,000 | -33,794,000 | -35,153,000 | ||||||||||||||||
depreciation and amortization | 731,506,000 | 647,999,000 | 657,221,000 | 652,058,000 | 656,444,000 | 649,265,000 | 637,305,000 | 637,505,000 | 638,346,000 | 642,010,000 | 602,168,000 | 602,367,000 | 612,367,000 | 401,450,000 | 402,313,000 | 396,647,000 | 396,825,000 | 390,806,000 | 392,736,000 | 397,575,000 | 417,066,000 | 400,738,000 | 398,195,000 | 345,970,000 | 289,240,000 | 282,254,000 | 284,376,000 | 284,009,000 | 286,758,000 | 252,702,000 | 203,673,000 | 204,081,000 | 222,501,000 | 201,903,000 | 228,145,000 | 226,591,000 | 224,867,000 | 250,000,000 | 190,188,000 | 169,808,000 | 171,402,000 | 149,202,000 | 161,577,000 | 160,280,000 | 155,978,000 | 158,889,000 | 158,965,000 | 177,266,000 | 179,418,000 | 194,622,000 | 186,770,000 | 188,801,000 | 182,296,000 | 196,558,000 | 123,079,000 | -54,986,000 | -146,046,000 | -50,590,000 | -48,278,000 | -48,634,000 | -132,728,000 | -47,166,000 | -38,724,000 | -42,101,000 | -122,160,000 | -46,985,000 | -40,841,000 | -41,669,000 |
other | 10,123,000 | 8,724,000 | 11,706,000 | 9,649,000 | 7,673,000 | 15,683,000 | 11,444,000 | 12,244,000 | 21,668,000 | 12,342,000 | 12,160,000 | 7,184,000 | 12,122,000 | 7,004,000 | 11,621,000 | 9,589,000 | 7,384,000 | 4,413,000 | 7,194,000 | 3,444,000 | 4,437,000 | 3,020,000 | 7,979,000 | 14,574,000 | 3,506,000 | 2,294,000 | 3,515,000 | 3,834,000 | 2,415,000 | 3,391,000 | 4,515,000 | 3,239,000 | 3,597,000 | 3,093,000 | 2,909,000 | 2,606,000 | 3,779,000 | 4,685,000 | ||||||||||||||||||||||||||||||
total expenses | 1,470,691,000 | 1,321,290,000 | 1,328,678,000 | 1,325,502,000 | 1,286,476,000 | 1,251,869,000 | 1,271,116,000 | 1,294,108,000 | 1,245,406,000 | 1,251,170,000 | 1,248,819,000 | 1,193,591,000 | 1,148,739,000 | 911,619,000 | 824,565,000 | 808,367,000 | 799,957,000 | 771,185,000 | 764,504,000 | 806,385,000 | 778,624,000 | 769,387,000 | 784,492,000 | 704,425,000 | 588,477,000 | 594,015,000 | 572,511,000 | 583,670,000 | 566,005,000 | 500,911,000 | 433,982,000 | 456,549,000 | 461,505,000 | 427,383,000 | 490,911,000 | 467,269,000 | 471,941,000 | 477,102,000 | 423,056,000 | 378,966,000 | 375,909,000 | 337,039,000 | 364,815,000 | 363,216,000 | 349,540,000 | 351,228,000 | 358,232,000 | 391,644,000 | 656,448,000 | 433,075,000 | 413,704,000 | 409,185,000 | 412,517,000 | 410,627,000 | 376,294,000 | |||||||||||||
operating income before gains on real estate transactions | 827,032,000 | 892,591,000 | 855,191,000 | 814,163,000 | 914,170,000 | 784,520,000 | 736,838,000 | 662,513,000 | 643,841,000 | 663,494,000 | 1,202,152,000 | 574,996,000 | 602,853,000 | 839,273,000 | 427,515,000 | 410,761,000 | 477,276,000 | 411,864,000 | 386,338,000 | 341,931,000 | 332,973,000 | 313,386,000 | 481,632,000 | 273,816,000 | 237,539,000 | 348,166,000 | 217,861,000 | 188,382,000 | ||||||||||||||||||||||||||||||||||||||||
gains on dispositions of development properties and land | 292,983,000 | 15,435,000 | 10,477,000 | 27,451,000 | 254,256,000 | 32,005,000 | 87,174,000 | 40,308,000 | 188,363,000 | 89,030,000 | 184,877,000 | 207,059,000 | 74,678,000 | 105,802,000 | 210,206,000 | 316,607,000 | 139,406,000 | 187,361,000 | 173,643,000 | 81,569,000 | 134,207,000 | 86,416,000 | 162,750,000 | |||||||||||||||||||||||||||||||||||||||||||||
gains on other dispositions of investments in real estate | 91,040,000 | 32,235,000 | 47,044,000 | 36,799,000 | 252,830,000 | 434,446,000 | 199,326,000 | 17,534,000 | 2,647,000 | 129,584,000 | 24,761,000 | 4,047,000 | 3,537,000 | 1,019,000 | 584,835,000 | 414,390,000 | 214,390,000 | 127,167,000 | 16,623,000 | 67,838,000 | 108,927,000 | 43,939,000 | 31,491,000 | |||||||||||||||||||||||||||||||||||||||||||||
operating income | 1,211,055,000 | 940,261,000 | 912,712,000 | 878,413,000 | 1,421,256,000 | 1,250,971,000 | 1,023,338,000 | 720,355,000 | 834,851,000 | 882,108,000 | 1,411,790,000 | 579,043,000 | 813,449,000 | 914,970,000 | 533,317,000 | 1,205,802,000 | 1,208,273,000 | 765,660,000 | 700,866,000 | 532,197,000 | 482,380,000 | 556,520,000 | 611,987,000 | 468,057,000 | 559,640,000 | 471,480,000 | 442,056,000 | 376,590,000 | 241,080,000 | 181,521,000 | 187,294,000 | 237,107,000 | 158,417,000 | 175,491,000 | 275,272,000 | 161,886,000 | 232,624,000 | 129,198,000 | 87,348,000 | 83,881,000 | 74,956,000 | 78,112,000 | 95,274,000 | 71,466,000 | 67,206,000 | 78,957,000 | 61,242,000 | 98,972,000 | -161,532,000 | 79,030,000 | 107,044,000 | 90,879,000 | 45,091,000 | 90,766,000 | -40,393,000 | |||||||||||||
yoy | -14.79% | -24.84% | -10.81% | 21.94% | 70.24% | 41.82% | -27.51% | 24.40% | 2.63% | -3.59% | 164.72% | -51.98% | -32.68% | 19.50% | -23.91% | 126.57% | 150.48% | 37.58% | 14.52% | 13.70% | -13.81% | 18.04% | 38.44% | 24.29% | 132.14% | 159.74% | 136.02% | 58.83% | 52.18% | 3.44% | -31.96% | 46.47% | -31.90% | 35.83% | 215.14% | 92.99% | 210.35% | 65.40% | -8.32% | 17.37% | 11.53% | -1.07% | 55.57% | -27.79% | -141.61% | -0.09% | -42.79% | 8.91% | -458.24% | -12.93% | -365.01% | |||||||||||||||||
qoq | 28.80% | 3.02% | 3.90% | -38.19% | 13.61% | 22.24% | 42.06% | -13.71% | -5.36% | -37.52% | 143.81% | -28.82% | -11.10% | 71.56% | -55.77% | -0.20% | 57.81% | 9.24% | 31.69% | 10.33% | -13.32% | -9.06% | 30.75% | -16.36% | 18.70% | 6.66% | 17.38% | 56.21% | 32.81% | -3.08% | -21.01% | 49.67% | -9.73% | -36.25% | 70.04% | -30.41% | 80.05% | 47.91% | 4.13% | 11.91% | -4.04% | -18.01% | 33.31% | 6.34% | -14.88% | 28.93% | -38.12% | -161.27% | -304.39% | -26.17% | 17.79% | 101.55% | -50.32% | -324.71% | ||||||||||||||
operating margin % | 52.71% | 42.47% | 41.79% | 41.05% | 64.58% | 61.43% | 50.96% | 36.82% | 44.19% | 46.07% | 57.60% | 32.74% | 46.44% | 52.26% | 42.59% | 98.91% | 94.60% | 64.72% | 60.90% | 46.35% | 43.40% | 51.40% | 48.34% | 47.85% | 67.75% | 50.04% | 55.93% | 48.78% | 29.87% | 26.60% | 30.15% | 34.18% | 25.55% | 29.11% | 35.93% | 25.73% | 33.02% | 21.31% | 17.11% | 18.12% | 16.62% | 18.82% | 20.71% | 16.44% | 16.13% | 18.35% | 14.60% | 20.17% | -32.64% | 15.43% | 20.56% | 18.17% | 9.85% | 18.10% | -12.03% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
other income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings from unconsolidated entities | 93,296,000 | 92,827,000 | 107,692,000 | 67,899,000 | 94,065,000 | 84,749,000 | 102,337,000 | 72,472,000 | 89,441,000 | 71,365,000 | 70,642,000 | 75,779,000 | 69,391,000 | 84,925,000 | 79,594,000 | 76,962,000 | 172,969,000 | 91,818,000 | 72,419,000 | 67,049,000 | 80,526,000 | 73,972,000 | 54,142,000 | 88,730,000 | 48,654,000 | 46,302,000 | 48,556,000 | 56,666,000 | 116,421,000 | 56,634,000 | 62,549,000 | 62,656,000 | 76,300,000 | 55,066,000 | 68,596,000 | 48,605,000 | 45,857,000 | 58,311,000 | 41,784,000 | 31,042,000 | 54,877,000 | 28,514,000 | 21,151,000 | 29,746,000 | 37,666,000 | 26,365,000 | 8,421,000 | 24,768,000 | 11,229,000 | 2,563,000 | 3,889,000 | |||||||||||||||||
interest expense | -254,286,000 | -258,274,000 | -251,866,000 | -231,751,000 | -232,232,000 | -230,113,000 | -208,267,000 | -193,320,000 | -174,450,000 | -181,053,000 | -149,818,000 | -136,011,000 | -120,796,000 | -63,884,000 | -60,293,000 | -64,064,000 | -62,897,000 | -63,638,000 | -68,412,000 | -71,281,000 | -76,856,000 | -80,711,000 | -81,298,000 | -75,642,000 | -60,080,000 | -60,244,000 | -59,122,000 | -60,507,000 | -62,380,000 | -64,186,000 | -56,314,000 | -47,245,000 | -62,030,000 | -64,190,000 | -75,354,000 | -72,912,000 | -75,310,000 | -80,812,000 | -68,902,000 | -68,761,000 | -74,092,000 | -69,086,000 | -80,184,000 | -85,523,000 | -86,944,000 | -84,885,000 | -92,508,000 | -115,028,000 | -122,995,000 | -123,161,000 | -127,946,000 | -133,447,000 | -129,159,000 | -136,064,000 | -113,059,000 | |||||||||||||
foreign currency, derivative and other gains and other income (expense) | 44,611,000 | 100,981,000 | -122,829,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on early extinguishment of debt | -1,890,000 | 536,000 | 3,275,000 | -385,000 | 282,000 | -37,783,000 | -30,596,000 | 1,492,000 | -16,289,000 | 273,000 | -41,038,750 | -114,196,000 | -32,608,000 | -17,351,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other income | -118,269,000 | -64,466,000 | -267,003,000 | -195,510,000 | -100,470,000 | -41,724,000 | -53,072,000 | -48,343,000 | -175,696,000 | 192,873,000 | 162,953,000 | 43,142,000 | 132,491,000 | 91,506,000 | -106,787,000 | -133,493,000 | -211,845,000 | -110,538,000 | 84,020,000 | -112,111,000 | 32,619,000 | -4,598,000 | 10,687,000 | 468,128,000 | 207,955,000 | 191,801,000 | 171,404,000 | 192,737,000 | 755,873,000 | 27,489,000 | 68,403,000 | 90,537,000 | 109,144,000 | 57,763,000 | 269,322,000 | 352,414,000 | 45,751,000 | 48,238,000 | -52,583,000 | -38,907,000 | -114,114,000 | -58,912,000 | 243,745,000 | -103,620,000 | -105,071,000 | -105,372,000 | 115,929,000 | -148,062,000 | -39,823,000 | -107,932,000 | ||||||||||||||||||
earnings before income taxes | 1,092,786,000 | 875,795,000 | 645,709,000 | 682,903,000 | 1,429,046,000 | 1,067,665,000 | 954,560,000 | 663,607,000 | 734,381,000 | 840,384,000 | 1,358,718,000 | 530,700,000 | 637,753,000 | 1,107,843,000 | 696,270,000 | 1,248,944,000 | 1,340,764,000 | 857,166,000 | 699,508,000 | 425,410,000 | 348,887,000 | 344,675,000 | 501,449,000 | 552,077,000 | 447,529,000 | 504,099,000 | 437,458,000 | 387,277,000 | 709,208,000 | 389,476,000 | 379,095,000 | 408,511,000 | 351,154,000 | 931,364,000 | 302,761,000 | 230,289,000 | 323,161,000 | 238,342,000 | 145,111,000 | 353,203,000 | 427,370,000 | 123,863,000 | 143,512,000 | 18,883,000 | 28,299,000 | -35,157,000 | 2,330,000 | 342,717,000 | 43,882,500 | -26,041,000 | 1,672,000 | 206,808,000 | -34,928,000 | 50,943,000 | ||||||||||||||
income tax expense | -47,971,000 | -54,535,000 | -23,405,000 | -43,383,000 | -20,018,250 | -4,214,000 | -43,059,000 | -32,800,000 | -38,135,250 | -41,243,000 | -79,227,000 | -32,071,000 | -29,431,250 | -38,669,000 | -49,834,000 | -29,222,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
consolidated net earnings | 1,044,815,000 | 821,260,000 | 622,304,000 | 639,520,000 | 1,342,176,000 | 1,063,451,000 | 911,501,000 | 630,807,000 | 675,884,000 | 799,141,000 | 1,279,491,000 | 498,629,000 | 620,066,000 | 1,069,174,000 | 646,436,000 | 1,219,722,000 | 1,300,853,000 | 797,731,000 | 650,313,000 | 399,693,000 | 308,007,000 | 332,521,000 | 454,938,000 | 521,164,000 | 426,242,000 | 491,013,000 | 410,826,000 | 373,765,000 | 690,490,000 | 375,520,000 | 364,991,000 | 391,959,000 | 338,873,000 | 913,417,000 | 287,980,000 | 220,689,000 | 307,242,000 | 222,805,000 | 140,260,000 | 351,312,000 | 427,724,000 | 147,127,000 | 152,430,000 | 12,003,000 | 68,269,000 | -7,167,000 | -4,985,000 | 296,932,000 | 46,217,000 | -32,898,000 | 4,668,000 | 213,097,000 | -40,015,000 | 65,868,000 | ||||||||||||||
less net earnings attributable to noncontrolling interests | 62,839,000 | 56,994,000 | 51,075,000 | 46,567,000 | 63,323,000 | 57,732,000 | 50,153,000 | 45,092,000 | 44,948,000 | 51,514,000 | 63,463,000 | 34,006,000 | 32,852,000 | 53,710,000 | 35,043,000 | 68,937,000 | 52,191,000 | 74,193,000 | 50,137,000 | 32,346,000 | 26,113,000 | 29,827,000 | 48,765,000 | 30,111,000 | 39,251,000 | 38,867,000 | 25,550,000 | 25,219,000 | 92,430,000 | 27,684,000 | 28,904,000 | 24,581,000 | 37,987,000 | 35,524,000 | 19,363,000 | 15,760,000 | 26,316,000 | 13,075,000 | ||||||||||||||||||||||||||||||
net earnings attributable to controlling interests | 981,976,000 | 764,266,000 | 571,229,000 | 592,953,000 | 1,278,853,000 | 1,005,719,000 | 861,348,000 | 585,715,000 | 630,936,000 | 747,627,000 | 1,216,028,000 | 464,623,000 | 587,214,000 | 1,015,464,000 | 611,393,000 | 1,150,785,000 | 1,248,662,000 | 723,538,000 | 600,176,000 | 367,347,000 | 281,894,000 | 302,694,000 | 406,173,000 | 491,053,000 | 386,991,000 | 452,146,000 | 385,276,000 | 348,546,000 | 598,060,000 | 347,836,000 | 336,087,000 | 367,378,000 | 300,886,000 | 877,893,000 | 268,617,000 | 204,929,000 | 280,926,000 | 209,730,000 | 141,918,000 | 346,876,000 | 410,287,000 | 137,915,000 | 81,180,000 | 6,801,000 | 61,192,000 | -5,399,000 | 2,299,000 | 284,829,000 | 44,672,000 | -36,221,000 | 1,929,000 | 212,979,000 | -35,183,000 | 65,845,000 | ||||||||||||||
less preferred stock dividends | 1,500,000 | 1,369,000 | 1,505,000 | 1,452,000 | 1,474,000 | 1,452,000 | 1,503,000 | 1,452,000 | 1,460,000 | 1,453,000 | 1,475,000 | 1,453,000 | 1,460,000 | 1,531,000 | 1,538,000 | 1,531,000 | 1,538,000 | 1,531,000 | 1,551,000 | 1,532,000 | 1,424,000 | 1,652,000 | 1,634,000 | 1,635,000 | 1,511,000 | 1,507,000 | 1,492,000 | 1,499,000 | 1,492,000 | 1,491,000 | 1,476,000 | 1,476,000 | 1,476,000 | 1,675,000 | 1,674,000 | 1,674,000 | 1,671,000 | 1,689,000 | 1,678,000 | 1,670,000 | 1,678,000 | 1,670,000 | 1,948,000 | 2,135,000 | ||||||||||||||||||||||||
net earnings attributable to common stockholders | 980,476,000 | 762,897,000 | 569,724,000 | 591,501,000 | 1,277,379,000 | 1,004,267,000 | 859,845,000 | 584,263,000 | 629,476,000 | 746,174,000 | 1,214,553,000 | 463,170,000 | 585,754,000 | 1,013,933,000 | 609,855,000 | 1,149,254,000 | 1,247,124,000 | 722,007,000 | 598,625,000 | 365,815,000 | 280,470,000 | 298,695,000 | 404,539,000 | 489,418,000 | 385,480,000 | 450,639,000 | 383,784,000 | 347,047,000 | 596,568,000 | 346,345,000 | 334,611,000 | 365,902,000 | 295,515,000 | 876,218,000 | 266,943,000 | 203,255,000 | 279,255,000 | 208,041,000 | 140,240,000 | 345,206,000 | 408,609,000 | 136,245,000 | 72,715,000 | 4,666,000 | 59,057,000 | -7,534,000 | -1,517,000 | 265,416,000 | ||||||||||||||||||||
yoy | -23.24% | -24.03% | -33.74% | 1.24% | 102.93% | 34.59% | -29.20% | 26.14% | 7.46% | -26.41% | 99.15% | -59.70% | -53.03% | 40.43% | 1.88% | 214.16% | 344.66% | 141.72% | 47.98% | -25.26% | -27.24% | -33.72% | 5.41% | 41.02% | -35.38% | 30.11% | 14.70% | -5.15% | 101.87% | -60.47% | 25.35% | 80.02% | 5.82% | 321.18% | 90.35% | -41.12% | -31.66% | 52.70% | 92.86% | 7298.33% | 591.89% | -1908.40% | -4893.34% | -98.24% | ||||||||||||||||||||||||
qoq | 28.52% | 33.91% | -3.68% | -53.69% | 27.20% | 16.80% | 47.17% | -7.18% | -15.64% | -38.56% | 162.23% | -20.93% | -42.23% | 66.26% | -46.93% | -7.85% | 72.73% | 20.61% | 63.64% | 30.43% | -6.10% | -26.16% | -17.34% | 26.96% | -14.46% | 17.42% | 10.59% | -41.83% | 72.25% | 3.51% | -8.55% | 23.82% | -66.27% | 228.24% | 31.33% | -27.22% | 34.23% | 48.35% | -59.37% | -15.52% | 199.91% | 87.37% | 1458.40% | -92.10% | -883.87% | 396.64% | -100.57% | |||||||||||||||||||||
net income margin % | 42.67% | 34.46% | 26.09% | 27.64% | 58.05% | 49.32% | 42.82% | 29.86% | 33.32% | 38.97% | 49.55% | 26.19% | 33.44% | 57.91% | 48.71% | 94.27% | 97.64% | 61.03% | 52.02% | 31.86% | 25.23% | 27.59% | 31.95% | 50.03% | 46.67% | 47.83% | 48.56% | 44.95% | 73.92% | 50.75% | 53.86% | 52.75% | 47.67% | 145.34% | 34.84% | 32.31% | 39.64% | 34.31% | 27.48% | 74.58% | 90.63% | 32.82% | 15.80% | 1.07% | 14.17% | -1.75% | -0.36% | 54.10% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
weighted-average common shares outstanding – basic | 931,261,000 | 928,851,000 | 928,476,000 | 927,338,000 | 926,172,000 | 926,427,000 | 926,276,000 | 925,322,000 | 924,351,000 | 924,395,000 | 924,191,000 | 923,888,000 | 785,675,000 | 740,719,000 | 740,637,000 | 740,368,000 | 739,363,000 | 739,439,000 | 739,190,000 | 738,998,000 | 728,323,000 | 738,194,000 | 737,992,000 | 698,272,000 | 630,580,000 | 630,929,000 | 630,271,000 | 629,676,000 | 567,367,000 | 574,520,000 | 532,639,000 | 532,185,000 | 530,400,000 | 531,288,000 | 530,040,000 | 528,721,000 | 527,288,000 | 524,205,000 | 523,476,000 | |||||||||||||||||||||||||||||
weighted-average common shares outstanding – diluted | 957,561,000 | 956,603,000 | 955,882,000 | 956,080,000 | 953,590,000 | 953,813,000 | 953,200,000 | 953,912,000 | 951,791,000 | 951,908,000 | 951,706,000 | 951,624,000 | 811,608,000 | 766,372,000 | 766,074,000 | 765,517,000 | 764,762,000 | 764,945,000 | 764,652,000 | 764,958,000 | 754,414,000 | 764,619,000 | 765,830,000 | 723,983,000 | 654,903,000 | 655,259,000 | 655,447,000 | 654,359,000 | 590,239,000 | 597,647,000 | 554,515,000 | 554,123,000 | 552,300,000 | 554,163,000 | 552,114,000 | 550,010,000 | 547,200,000 | 543,562,000 | 530,640,000 | |||||||||||||||||||||||||||||
net earnings per share attributable to common stockholders – basic | 1.05 | 0.82 | 0.61 | 0.64 | 1.38 | 1.08 | 0.93 | 0.63 | 0.68 | 0.81 | 1.31 | 0.5 | 0.54 | 1.37 | 0.82 | 1.55 | 1.69 | 0.98 | 0.81 | 0.5 | 0.37 | 0.4 | 0.55 | 0.7 | 0.61 | 0.71 | 0.61 | 0.55 | 0.98 | 0.6 | 0.63 | 0.69 | 0.56 | 1.65 | 0.5 | 0.38 | 0.53 | 0.4 | 0.27 | |||||||||||||||||||||||||||||
net earnings per share attributable to common stockholders – diluted | 1.05 | 0.82 | 0.61 | 0.63 | 1.38 | 1.08 | 0.92 | 0.63 | 0.68 | 0.8 | 1.31 | 0.5 | 0.53 | 1.36 | 0.82 | 1.54 | 1.67 | 0.97 | 0.81 | 0.49 | 0.38 | 0.4 | 0.54 | 0.7 | 0.6 | 0.71 | 0.6 | 0.55 | 0.97 | 0.6 | 0.62 | 0.68 | 0.55 | 1.63 | 0.5 | 0.38 | 0.52 | 0.39 | 0.27 | |||||||||||||||||||||||||||||
foreign currency, derivative and other gains and other income | -31,658,000 | 145,957,000 | -37,942,000 | 37,152,000 | 63,564,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other expense | -77,208,000 | -183,306,000 | -68,778,000 | -56,748,000 | -1,358,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency and derivative gains and other income | 25,670,500 | 67,964,000 | 26,104,000 | 8,614,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency and derivative gains and interest and other income | 91,155,750 | 171,832,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
losses on early extinguishment of debt | -1,289,000 | -730,000 | -18,165,000 | -187,453,000 | -23,684,000 | -98,266,000 | -23,573,000 | -42,767,000 | -40,000 | -13,585,000 | -2,116,000 | -664,250 | -1,955,000 | -1,052,000 | -236,000 | -1,939,000 | -86,076,000 | -77,558,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
interest and other income | 6,227,000 | 1,053,000 | -3,744,000 | -846,000 | 715,000 | 4,746,000 | 5,513,000 | -5,866,000 | 1,027,000 | 370,000 | 11,337,000 | 654,000 | 4,312,000 | 7,910,000 | 5,155,000 | 1,891,000 | 5,641,000 | 1,976,000 | 4,238,000 | 4,816,000 | 1,892,000 | 2,785,000 | 2,932,000 | 2,591,000 | 1,847,000 | 11,049,000 | 6,052,000 | 550,000 | 5,116,000 | 14,050,000 | 5,176,000 | 5,653,000 | 4,492,000 | 11,627,000 | 3,107,000 | 8,758,000 | 5,912,000 | 5,101,000 | 4,667,000 | 4,643,000 | 5,277,000 | |||||||||||||||||||||||||||
foreign currency and derivative gains | 138,155,000 | 47,356,000 | 26,163,000 | 64,172,000 | -6,080,000 | 80,152,000 | -118,992,000 | -100,974,000 | -60,836,000 | 113,329,000 | -111,982,000 | 59,492,000 | 2,041,000 | 8,734,000 | 51,295,000 | 21,513,000 | 85,382,000 | -28,184,000 | -33,648,000 | 6,875,000 | -7,744,000 | 884,000 | -567,000 | -5,908,000 | 12,753,000 | |||||||||||||||||||||||||||||||||||||||||||
total income tax expense | -39,911,000 | -59,435,000 | -49,195,000 | 25,717,000 | 40,880,000 | 12,154,000 | 46,511,000 | 30,913,000 | 21,287,000 | 13,086,000 | 26,632,000 | 13,512,000 | 18,718,000 | 13,956,000 | 14,104,000 | 16,552,000 | 12,281,000 | 17,947,000 | 14,781,000 | 9,600,000 | 15,919,000 | 15,537,000 | 1,891,000 | 6,880,000 | 20,488,000 | 51,866,000 | 8,075,000 | 12,124,000 | ||||||||||||||||||||||||||||||||||||||||
loss on preferred stock repurchase | 2,347,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on real estate transactions | 133,929,250 | 123,314,000 | 224,195,000 | 188,208,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rental recoveries | 151,621,000 | 132,109,000 | 118,130,000 | 128,042,000 | 117,081,000 | 114,755,000 | 128,417,000 | 127,049,000 | 124,409,000 | 117,012,000 | 103,616,000 | 94,255,000 | 94,430,000 | 80,136,000 | 86,812,000 | 87,362,000 | 73,184,000 | 82,268,000 | 78,470,000 | 99,113,000 | 88,553,000 | 97,081,000 | 100,937,000 | |||||||||||||||||||||||||||||||||||||||||||||
gains on dispositions of investments in real estate and revaluation of equity investments upon acquisition of a controlling interest | 120,857,500 | 194,058,000 | 223,581,000 | 779,053,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends per common share | 0.48 | 0.48 | 0.48 | 0.48 | 0.44 | 0.44 | 0.44 | 0.44 | 0.42 | 0.42 | 0.36 | 0.36 | 0.33 | 0.33 | 0.33 | 0.33 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | ||||||||||||||||||||||||||||||||||||||||||||
gains on dispositions of investments in real estate | 94,261,000 | 195,111,000 | 83,006,000 | 97,325,000 | 117,296,000 | 144,317,000 | 108,782,000 | 277,715,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency and derivative losses | -41,094,000 | -11,581,750 | -18,872,000 | -20,055,000 | -7,400,000 | -1,730,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency and derivative gains and related amortization | -14,211,000 | -25,512,000 | 34,566,000 | 684,500 | 20,792,000 | 10,130,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rental income | 357,828,000 | 324,547,000 | 307,584,000 | 275,686,000 | 294,461,000 | 300,878,000 | 286,006,000 | 297,044,000 | 294,267,000 | 355,676,000 | 370,549,000 | 382,293,000 | 387,089,000 | 464,594,000 | 416,057,000 | 462,539,000 | 294,670,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
strategic capital income | 47,046,000 | 42,025,000 | 44,157,000 | 54,070,000 | 76,334,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
development management and other income | 1,914,000 | 2,020,000 | 4,694,000 | 5,259,000 | 2,482,000 | 1,132,000 | 3,649,000 | 2,551,000 | 3,129,000 | 2,192,000 | 4,099,000 | 1,017,000 | 1,729,000 | 3,113,000 | 1,321,000 | 4,276,000 | 8,920,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
rental expenses | 125,599,000 | 126,934,000 | 108,370,000 | 102,324,000 | 109,576,000 | 110,517,000 | 98,666,000 | 108,912,000 | 112,581,000 | 133,919,000 | 122,820,000 | 130,820,000 | 132,031,000 | 125,096,000 | 113,892,000 | 126,994,000 | 81,140,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
strategic capital expenses | 20,115,000 | 20,361,000 | 22,054,000 | 22,442,000 | 27,837,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
general and administrative expenses | 57,027,000 | 56,288,000 | 65,987,000 | 58,203,000 | 60,375,000 | 63,203,000 | 63,067,000 | 55,034,000 | 54,909,000 | 56,197,000 | 60,608,000 | 55,886,000 | 51,415,000 | 60,159,000 | 50,797,000 | 53,341,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
other incomes | 30,127,000 | 5,575,000 | 8,096,000 | 4,868,000 | 5,450,000 | 5,053,000 | 9,488,000 | 6,370,000 | 6,771,000 | 4,353,000 | 9,414,000 | 5,580,000 | 7,227,000 | 4,335,000 | 9,789,000 | 3,971,000 | 5,587,000 | -946,000 | -1,867,000 | -1,330,000 | 1,271,000 | -762,250 | -3,049,000 | -5,684,000 | -1,608,000 | 1,088,000 | 92,000 | |||||||||||||||||||||||||||||||||||||||||
current income tax expense | 4,706,000 | 839,000 | -120,876,000 | 10,394,000 | 43,050,000 | 5,848,000 | 24,838,000 | 55,506,000 | 17,995,000 | 11,073,000 | 6,311,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax benefit | 145,000 | 171,834,000 | -33,658,000 | -51,968,000 | 1,032,000 | -12,624,000 | 1,168,000 | -4,350,000 | -3,640,000 | -3,537,000 | -1,884,000 | -9,920,000 | -22,558,000 | 1,773,000 | 118,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
total income tax benefit | 4,851,000 | 50,958,000 | -23,264,000 | -8,918,000 | 21,133,500 | 12,180,000 | 3,364,000 | -19,983,000 | -8,184,000 | -2,838,000 | 6,429,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income (earnings) attributable to noncontrolling interests | 1,658,000 | -21,416,000 | -9,212,000 | -71,250,000 | -7,077,000 | 1,768,000 | 7,284,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax expense | 1,052,000 | 1,051,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings attributable to noncontrolling interests | -4,436,000 | -5,202,000 | -12,103,000 | -1,545,000 | -3,323,000 | -2,739,000 | -118,000 | -77,000 | -23,000 | -202,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding - basic | 514,022,000 | 499,583,000 | 499,292,000 | 499,112,000 | 486,076,000 | 497,989,000 | 486,032,000 | 461,468,000 | 459,895,000 | 460,079,000 | 459,878,000 | 459,203,000 | 370,534,000 | 458,256,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding - diluted | 529,022,000 | 506,391,000 | 516,088,000 | 516,619,000 | 491,546,000 | 499,848,000 | 486,032,000 | 477,059,000 | 459,895,000 | 460,079,000 | 459,878,000 | 476,107,000 | 370,534,000 | 462,408,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings per share attributable to common stockholders - basic | 0.67 | 0.82 | 0.27 | 0.15 | 0.12 | -0.02 | 0.58 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings per share attributable to common stockholders - diluted | 0.65 | 0.81 | 0.23 | 0.13 | 0.11 | -0.02 | 0.57 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on acquisitions and dispositions of investments in real estate | 84,423,750 | 151,057,000 | 169,583,000 | 17,055,000 | 151,702,000 | 46,074,000 | 61,035,000 | 338,845,000 | 520,000 | 267,771,000 | -2,966,000 | 8,396,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings from continuing operations | 427,724,000 | 147,127,000 | 152,430,000 | 12,003,000 | 6,100,000 | -47,337,000 | -18,158,000 | 290,851,000 | 43,828,500 | -6,058,000 | -6,403,000 | 194,684,000 | -37,418,000 | 53,781,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income attributable to disposed properties and assets held for sale | 5,217,000 | -127,000 | -294,000 | 247,000 | 7,743,000 | 4,618,000 | 1,197,000 | 7,164,000 | 17,703,000 | 677,000 | 2,952,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gains on dispositions, including taxes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total discontinued operations | 62,169,000 | 40,170,000 | 13,173,000 | 6,081,000 | 53,176,000 | -26,840,000 | 11,071,000 | 18,413,000 | 54,772,000 | 12,087,000 | 11,127,000 | 17,051,000 | 12,005,000 | 12,237,000 | 4,659,000 | -154,000 | 32,127,000 | 62,598,000 | 14,544,000 | 6,277,000 | 1,321,000 | 165,000 | 1,100,000 | 1,442,000 | ||||||||||||||||||||||||||||||||||||||||||||
loss on preferred stock redemption | 1,629,250 | 6,517,000 | -9,108,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings per share attributable to common stockholders - basic: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
continuing operations | 0.82 | 0.27 | 0.15 | 0.01 | -0.1 | -0.03 | 0.57 | -0.62 | -0.04 | -0.04 | 0.4 | -0.23 | 0.09 | -0.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations | 0.12 | 0.08 | 0.03 | 0.01 | 0.12 | -0.06 | 0.02 | 0.04 | 0.14 | 0.03 | 0.04 | 100 | 70 | 70 | 30 | 260 | 390 | 80 | 60 | 10 | 10 | |||||||||||||||||||||||||||||||||||||||||||||||
net earnings per share attributable to common stockholders - diluted: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment management income | 45,310,000 | 53,907,000 | 48,322,000 | 43,608,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment management expenses | 24,163,000 | 22,341,000 | 22,023,000 | 25,006,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gains on dispositions, including related impairment charges and taxes | 56,952,000 | 40,297,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding—basic | 498,696,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding—diluted | 504,373,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings per share attributable to common stockholders—basic: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings per share attributable to common stockholders—basic | 0.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings per share attributable to common stockholders—diluted: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings per share attributable to common stockholders—diluted | 0.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
the accompanying notes are an integral part of these consolidated financial statements. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
merger, acquisition and other integration expenses | 28,103,000 | 20,659,000 | 21,186,000 | 10,728,000 | 18,772,000 | 12,683,000 | 103,052,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of real estate properties | 239,951,000 | 9,778,000 | 3,185,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of other assets | -4,033,750 | -16,135,000 | -25,955,750 | -103,823,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current income tax benefit | 22,839,250 | 11,012,000 | 2,742,250 | -18,099,000 | 1,801,250 | -4,611,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock dividends | 4,064,000 | 2,135,000 | 3,816,000 | -10,305,000 | -3,952,000 | -11,854,000 | -3,952,000 | -3,952,000 | -3,952,000 | -11,854,000 | -3,952,000 | -3,952,000 | -3,952,000 | -11,854,000 | -3,952,000 | -3,952,000 | -3,952,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net gains on dispositions | 13,467,000 | 5,834,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
private capital revenue | 33,635,000 | 31,715,000 | 31,714,000 | 30,993,000 | 32,357,000 | 40,230,000 | 34,578,000 | 32,311,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
private capital expenses | 19,909,000 | 16,134,000 | 15,730,000 | 15,075,000 | 16,881,000 | 15,734,000 | 17,080,000 | 11,596,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on acquisitions and dispositions of investments in real estate | 70,242,000 | 12,677,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on early extinguishment of debt | -19,033,000 | -500,000 | 5,419,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on dispositions, including related impairment charges and taxes | -2,583,750 | -31,458,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less preferred share dividends | 7,730,250 | 10,305,000 | 10,049,000 | 10,567,000 | 10,276,000 | 10,409,000 | 7,642,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings available for common stockholders | 36,941,750 | -46,526,000 | -8,120,000 | 202,412,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings per share available for common stockholders - basic: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings per share available for common stockholders - basic | 0.08 | -0.1 | -0.02 | 0.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings per share available for common stockholders - diluted: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings per share available for common stockholders - diluted | 0.08 | -0.1 | -0.02 | 0.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gains on dispositions, net of related impairment charges and taxes | 9,874,000 | 37,069,000 | 11,410,000 | 8,175,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings from unconsolidated investees | 13,995,000 | 3,920,000 | 30,975,000 | 11,399,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency exchange and derivative gains | -26,775,000 | -2,471,000 | 52,525,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gains on dispositions, net of taxes | 11,249,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on early extinguishment of debt | -74,500 | -298,000 | -925,000 | -1,967,000 | -579,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings attributable to common shares | -35,662,750 | 55,436,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings per share attributable to common shares - basic: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings per share attributable to common shares - basic | -0.105 | 0.12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings per share attributable to common shares - diluted: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings per share attributable to common shares - diluted | -0.105 | 0.12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions per common share | 0.195 | 0.28 | 0.25 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gains on acquisitions and dispositions of investments in real estate | 102,529,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency exchange and derivative losses | -10,255,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes | -148,325,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations | -154,754,000 | -2,729,000 | 7,997,000 | 1,355,000 | 4,654,000 | -466,000 | -136,551,000 | 13,866,000 | 14,490,000 | -129,301,000 | -78,782,000 | 27,986,000 | 75,919,000 | 41,490,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
consolidated net income | -143,627,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to controlling interests | -143,829,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common shares | -151,471,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding — basic | 307,756,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding — diluted | 307,756,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings per share attributable to common shares — basic: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per share | -0.49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings per share attributable to common shares — diluted: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revenues | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rental revenues | 158,085,000 | 451,513,000 | 151,127,000 | 151,773,000 | 150,507,000 | 446,314,000 | 149,649,000 | 139,575,000 | 153,834,000 | 493,582,000 | 152,993,000 | 167,886,000 | 166,563,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
private capital revenues | 7,683,000 | 23,291,000 | 7,569,000 | 6,845,000 | 7,445,000 | 29,993,000 | 7,886,000 | 7,795,000 | 11,695,000 | 58,968,000 | 9,502,000 | 41,413,000 | 9,923,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
costs and expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property operating costs | -31,256,000 | -84,057,000 | -26,658,000 | -28,214,000 | -28,859,000 | -83,474,000 | -26,415,000 | -21,980,000 | -29,310,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate taxes | -20,806,000 | -57,850,000 | -20,145,000 | -20,260,000 | -20,850,000 | -58,961,000 | -20,206,000 | -20,533,000 | -20,258,000 | -62,852,000 | -18,343,000 | -22,389,000 | -20,857,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring charges | -3,845,000 | -1,029,000 | -872,000 | -2,973,000 | -3,824,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
merger transaction costs | -3,697,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fund costs | -241,000 | -645,000 | -146,000 | -153,000 | -314,000 | -822,000 | -240,000 | -322,000 | -261,000 | -766,000 | -312,000 | -384,000 | -222,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
total costs and expenses | -142,593,000 | -389,959,000 | -128,613,000 | -126,599,000 | -134,772,000 | -552,058,000 | -124,232,000 | -116,430,000 | -288,496,000 | -580,868,000 | -124,781,000 | -124,549,000 | -123,123,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income and expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
development profits, net of taxes | 6,022,000 | 717,000 | 199,000 | 4,803,000 | 34,654,000 | 1,220,000 | 33,286,000 | 53,058,000 | 28,026,000 | 30,402,000 | 17,820,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of unconsolidated joint ventures | 7,800,000 | 14,024,000 | 3,348,000 | 5,193,000 | 8,074,000 | 3,257,000 | 4,284,000 | -34,000 | 11,749,000 | 5,372,000 | 6,059,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | 1,238,000 | 2,244,000 | 1,299,000 | 448,000 | 289,000 | 1,343,000 | 4,941,000 | 8,595,000 | -1,057,250 | -4,229,000 | 1,909,000 | 4,436,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, including amortization | -34,942,000 | -98,213,000 | -32,125,000 | -32,626,000 | -32,613,000 | -92,604,000 | -28,855,000 | -29,329,000 | -32,521,000 | -101,214,000 | -32,319,000 | -36,555,000 | -30,928,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other income and expenses | -25,904,000 | -76,848,000 | -28,728,000 | -27,365,000 | -23,646,000 | -60,800,000 | -19,437,000 | -16,450,000 | -6,334,000 | -15,406,000 | -3,150,000 | 1,815,000 | 14,223,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
income attributable to discontinued operations | 870,000 | 3,252,000 | 742,000 | 411,000 | 1,843,000 | 1,162,000 | 4,454,000 | -12,669,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains from sale of real estate interests, net of taxes | 14,544,000 | 8,753,000 | 11,495,000 | 4,248,000 | 30,284,000 | 8,434,000 | 10,090,000 | 18,946,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 14,322,000 | 20,002,000 | 13,592,000 | 9,313,000 | -620,000 | -104,424,000 | 76,464,000 | 29,034,000 | -123,024,000 | -77,461,000 | 28,151,000 | 77,019,000 | 42,932,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests’ share of net (income) loss: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
joint venture partners’ share of net (income) loss | -2,049,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
joint venture partners’ and limited partnership unitholders’ share of development profits, | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net of taxes | -29,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
limited partnership unitholders | -116,000 | 44,000 | -132,000 | -75,000 | 200,000 | 4,072,000 | -447,000 | -1,279,000 | 5,320,000 | 5,305,000 | 137,000 | -1,740,000 | -979,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
total noncontrolling interests’ share of net (income) loss | -2,194,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to amb property corporation | 12,128,000 | 21,374,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
allocation to participating securities | -355,000 | -1,006,000 | -340,000 | -342,000 | -344,000 | -631,000 | -398,000 | -260,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income available to common stockholders | 7,821,000 | 3,332,000 | 6,635,000 | 2,897,000 | -4,447,000 | -112,867,000 | 62,790,000 | 17,162,000 | -122,350,000 | -89,315,000 | 24,199,000 | 73,067,000 | 38,980,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic income per common share attributable to common stockholders | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted income per common share attributable to common stockholders | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 168,099,995,000 | 161,988,053,000 | 164,800,819,000 | 148,666,418,000 | 134,321,231,000 | 145,332,050,000 | 145,318,364,000 | 98,915,587,000 | 97,403,659,000 | 97,149,079,000 | 97,083,044,000 | 97,750,901,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 168,099,995,000 | 161,988,053,000 | 164,800,819,000 | 148,666,418,000 | 134,321,231,000 | 145,658,847,000 | 145,379,807,000 | 98,915,587,000 | 97,403,659,000 | 98,952,245,000 | 99,432,356,000 | 99,789,253,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate impairment losses | -165,979,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
joint venture partners’ share of net income | -3,751,000 | -2,527,000 | -2,068,000 | 375,000 | -5,005,000 | -6,058,000 | -4,949,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
joint venture partners’ and limited partnership unitholders’ share of development profits | -1,500 | -6,000 | 21,000 | -106,000 | -1,920,000 | -1,388,000 | -1,108,000 | -7,951,000 | -1,090,000 | -1,371,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred unitholders | -2,864,000 | -1,431,000 | -1,432,000 | -1,432,000 | -4,296,000 | -1,431,000 | -1,432,000 | -1,432,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total noncontrolling interests’ share of net income | -3,810,000 | -2,665,000 | -2,122,000 | 469,000 | -5,717,000 | -9,324,000 | -7,660,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income atrributable to amb property corporation | 2,731,750 | 10,927,000 | 7,191,000 | -151,000 | 16,785,000 | 67,140,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 41,749,213,500 | 166,996,854,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 41,749,213,500 | 166,996,854,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other (expenses) income | -1,191,000 | -7,065,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings (losses) of unconsolidated joint ventures | 3,875,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss attributable to discontinued operations | -154,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic loss per common share attributable to common stockholders | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted loss per common share attributable to common stockholders | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains from sale or contribution of real estate interests | 19,967,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests’ share of net income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic income per common share attributable to amb property corporation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted income per common share attributable to amb property corporation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other expenses | 662,000 | -1,422,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests’ share of net loss: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
joint venture partners’ share of net loss | 1,846,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total noncontrolling interests’ share of net loss | 4,626,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income after noncontrolling interests | -118,398,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic income per common share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted income per common share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property operating expenses | -6,453,500 | -25,814,000 | -25,719,000 | -25,314,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment losses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before minority interests and discontinued operations | -43,724,000 | 34,564,000 | 86,565,000 | 67,586,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interests’ share of income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
joint venture partners’ share of income before discontinued operations | -28,116,000 | -4,194,000 | -6,103,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total minority interests’ share of income | -1,644,500 | -6,578,000 | -10,646,000 | -26,096,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income attributable to discontinued operations, net of minority interests | -578,000 | 177,000 | 297,000 | 41,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains from dispositions of real estate, net of minority interests | -3,000 | -12,000 | 803,000 | 1,401,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred unit redemption issuance costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of unconsolidated co-investment ventures | 2,928,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
co-investment venture partners’ share of income before minority interests and discontinued operations | -18,944,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
co-investment venture partners’ and limited partnership unitholders’ share of development profits | -4,741,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-09-30 | 2016-03-31 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in real estate properties | 95,037,476,000 | 94,332,511,000 | 92,741,391,000 | 91,246,176,000 | 92,093,573,000 | 89,733,809,000 | 89,427,505,000 | 88,666,575,000 | 87,021,585,000 | 86,550,420,000 | 82,385,546,000 | 81,623,396,000 | 55,954,870,000 | 55,271,030,000 | 53,543,018,000 | 53,005,190,000 | 52,458,694,000 | 51,522,563,000 | 50,459,365,000 | 50,384,328,000 | 49,106,359,000 | 48,578,812,000 | 48,112,299,000 | 35,224,414,000 | 34,911,650,000 | 34,895,051,000 | 34,395,698,000 | 34,586,987,000 | 34,285,783,000 | 25,555,343,000 | 25,876,002,000 | 25,838,644,000 | 25,977,157,000 | 27,501,284,000 | 27,131,229,000 | 27,570,704,000 | 27,628,680,000 | 27,463,049,000 | 21,800,499,000 | 22,190,145,000 | 19,466,582,000 | 19,781,923,000 | 21,038,790,000 | 20,824,477,000 | 21,599,908,000 | 20,898,865,000 | 20,595,808,000 | 25,809,123,000 | 26,461,066,000 | 26,422,297,000 | 26,578,485,000 | 24,787,537,000 | 25,592,354,000 | 25,748,754,000 | |||||||||||||
less accumulated depreciation | 14,345,033,000 | 13,827,462,000 | 13,290,678,000 | 12,758,159,000 | 12,332,799,000 | 11,869,054,000 | 11,430,899,000 | 10,931,485,000 | 10,439,374,000 | 9,977,207,000 | 9,508,351,000 | 9,036,085,000 | 8,558,576,000 | 8,251,995,000 | 7,941,540,000 | 7,668,187,000 | 7,404,304,000 | 7,108,954,000 | 6,823,824,000 | 6,539,156,000 | 6,229,744,000 | 5,931,378,000 | 5,662,351,000 | 5,437,662,000 | 5,287,640,000 | 5,085,219,000 | 4,868,611,000 | 4,656,680,000 | 4,451,434,000 | 4,283,877,000 | 4,199,159,000 | 4,059,348,000 | 3,977,667,000 | 4,026,369,000 | 3,914,817,000 | 3,638,688,000 | 3,424,143,000 | 3,075,438,000 | 2,877,478,000 | 2,790,781,000 | 2,695,745,000 | 2,648,866,000 | 2,698,043,000 | 2,568,998,000 | 2,540,370,000 | 2,422,909,000 | 2,292,946,000 | 2,480,660,000 | 2,389,214,000 | 2,256,101,000 | 2,256,901,000 | 2,157,907,000 | 1,908,152,000 | 1,764,289,000 | |||||||||||||
net investments in real estate properties | 80,692,443,000 | 80,505,049,000 | 79,450,713,000 | 78,488,017,000 | 79,760,774,000 | 77,864,755,000 | 77,996,606,000 | 77,735,090,000 | 76,582,211,000 | 76,573,213,000 | 72,877,195,000 | 72,587,311,000 | 47,396,294,000 | 47,019,035,000 | 45,601,478,000 | 45,337,003,000 | 45,054,390,000 | 44,413,609,000 | 43,635,541,000 | 43,845,172,000 | 42,876,615,000 | 42,647,434,000 | 42,449,948,000 | 29,786,752,000 | 29,624,010,000 | 29,809,832,000 | 29,527,087,000 | 29,930,307,000 | 29,834,349,000 | 21,271,466,000 | 21,676,843,000 | 21,779,296,000 | 21,999,490,000 | 23,474,915,000 | 23,216,412,000 | 23,932,016,000 | 24,204,537,000 | 24,387,611,000 | 18,923,021,000 | 19,399,364,000 | 16,770,837,000 | 17,133,057,000 | 18,340,747,000 | 18,255,479,000 | 19,059,538,000 | 18,475,956,000 | 18,302,862,000 | 23,328,463,000 | 24,071,852,000 | 24,166,196,000 | 24,321,584,000 | 22,629,630,000 | 23,684,202,000 | 23,984,465,000 | |||||||||||||
investments in and advances to unconsolidated entities | 10,543,057,000 | 10,618,184,000 | 10,287,314,000 | 10,079,448,000 | 10,092,765,000 | 9,764,870,000 | 9,691,101,000 | 9,543,970,000 | 9,091,824,000 | 9,931,261,000 | 9,680,097,000 | 9,698,898,000 | 8,659,129,000 | 8,443,644,000 | 8,679,011,000 | 8,610,958,000 | 7,652,323,000 | 7,811,448,000 | 7,514,840,000 | 7,602,014,000 | 7,310,960,000 | 7,201,006,000 | 6,834,758,000 | 6,237,371,000 | 5,886,820,000 | 5,813,582,000 | 5,613,060,000 | 5,745,294,000 | 5,618,178,000 | 5,414,623,000 | 5,675,999,000 | 5,496,450,000 | 5,371,758,000 | 4,617,724,000 | 4,305,881,000 | 4,580,584,000 | 4,866,664,000 | 4,911,505,000 | 4,559,721,000 | 4,824,724,000 | 5,814,056,000 | 5,575,423,000 | 4,687,922,000 | 4,430,239,000 | 4,210,305,000 | 3,884,766,000 | 3,635,214,000 | 2,195,782,000 | 2,242,075,000 | 2,220,172,000 | |||||||||||||||||
assets held for sale or contribution | 358,851,000 | 253,331,000 | 545,542,000 | 248,511,000 | 325,987,000 | 515,895,000 | 382,793,000 | 461,657,000 | 797,758,000 | 616,571,000 | 734,106,000 | 531,257,000 | 614,356,000 | 403,617,000 | 373,664,000 | 669,688,000 | 571,671,000 | 692,072,000 | 1,055,751,000 | 1,070,724,000 | 1,757,187,000 | 1,948,508,000 | 1,975,524,000 | 720,685,000 | 799,017,000 | 609,121,000 | 899,976,000 | 622,288,000 | 761,575,000 | 892,546,000 | 473,154,000 | 342,060,000 | 321,905,000 | 350,987,000 | 439,743,000 | 450,349,000 | 431,332,000 | ||||||||||||||||||||||||||||||
net investments in real estate | 91,594,351,000 | 91,376,564,000 | 90,283,569,000 | 88,815,976,000 | 90,179,526,000 | 88,145,520,000 | 88,070,500,000 | 87,740,717,000 | 86,471,793,000 | 87,121,045,000 | 83,291,398,000 | 82,817,466,000 | 56,669,779,000 | 55,866,296,000 | 54,654,153,000 | 54,617,649,000 | 53,278,384,000 | 52,917,129,000 | 52,206,132,000 | 52,517,910,000 | 51,944,762,000 | 51,796,948,000 | 51,260,230,000 | 36,744,808,000 | 36,309,847,000 | 36,232,535,000 | 36,040,123,000 | 36,297,889,000 | 36,214,102,000 | 27,578,635,000 | 27,825,996,000 | 27,652,066,000 | 27,693,153,000 | 28,463,162,000 | 27,979,042,000 | 28,996,749,000 | 29,540,083,000 | 30,011,368,000 | 24,017,471,000 | 24,268,022,000 | 22,584,893,000 | 22,708,480,000 | 23,220,372,000 | 22,877,760,000 | 23,463,464,000 | 22,575,688,000 | 22,151,467,000 | 25,738,272,000 | 26,934,548,000 | 26,682,694,000 | 27,123,947,000 | 26,255,069,000 | 27,028,621,000 | 27,527,602,000 | 6,784,987,000 | 6,763,422,000 | 6,570,392,000 | 6,456,771,000 | 6,378,621,000 | 6,271,408,000 | 6,330,117,000 | 6,327,854,000 | 6,277,302,000 | 6,673,464,000 | 6,595,760,000 | 7,108,299,000 | 6,912,731,000 |
cash and cash equivalents | 1,186,022,000 | 1,066,081,000 | 671,117,000 | 1,318,591,000 | 780,871,000 | 598,347,000 | 500,589,000 | 530,388,000 | 740,841,000 | 531,110,000 | 522,501,000 | 278,483,000 | 636,282,000 | 437,515,000 | 1,912,750,000 | 556,117,000 | 585,071,000 | 601,446,000 | 676,074,000 | 598,086,000 | 940,193,000 | 549,129,000 | 807,871,000 | 1,088,855,000 | 1,024,994,000 | 401,190,000 | 251,030,000 | 343,856,000 | 275,562,000 | 527,830,000 | 458,099,000 | 447,046,000 | 568,726,000 | 271,354,000 | 395,829,000 | 375,120,000 | 369,737,000 | 351,025,000 | 192,013,000 | 350,692,000 | 311,879,000 | 267,427,000 | 188,886,000 | 491,129,000 | 121,693,000 | 385,424,000 | 785,359,000 | 100,810,000 | 158,188,000 | 293,631,000 | 343,736,000 | 176,072,000 | 216,749,000 | 260,893,000 | 203,626,000 | 198,424,000 | 176,436,000 | 214,539,000 | 153,389,000 | 187,169,000 | 174,651,000 | 185,906,000 | 263,003,000 | 223,936,000 | 285,932,000 | 339,755,000 | 256,620,000 |
other assets | 5,560,768,000 | 5,274,405,000 | 5,038,705,000 | 5,194,342,000 | 4,944,799,000 | 4,793,551,000 | 4,739,221,000 | 4,749,735,000 | 4,736,775,000 | 4,739,886,000 | 4,706,985,000 | 4,801,499,000 | 3,639,468,000 | 3,460,006,000 | 3,212,968,000 | 3,312,454,000 | 3,153,215,000 | 2,922,810,000 | 2,850,603,000 | 2,456,208,000 | 2,418,939,000 | 2,377,978,000 | 2,428,955,000 | 1,711,857,000 | 1,676,306,000 | 1,678,422,000 | 1,717,255,000 | 1,775,919,000 | 1,778,498,000 | 1,396,417,000 | 1,387,390,000 | 1,381,963,000 | 1,392,271,000 | 1,415,879,000 | 1,440,087,000 | 1,516,340,000 | 1,465,928,000 | 1,240,004,000 | 1,251,337,000 | 1,096,064,000 | 1,042,867,000 | 1,031,694,000 | 1,121,260,000 | 1,061,012,000 | 1,024,019,000 | 924,834,000 | 950,177,000 | 1,123,053,000 | 1,129,316,000 | 1,120,046,000 | 1,144,634,000 | 1,072,780,000 | 1,046,713,000 | 1,080,146,000 | 194,690,000 | 175,244,000 | 164,891,000 | 183,905,000 | 190,765,000 | 183,632,000 | 188,671,000 | 186,711,000 | 186,906,000 | 191,148,000 | 227,732,000 | 206,291,000 | 248,449,000 |
total assets | 98,341,141,000 | 97,717,050,000 | 95,993,391,000 | 95,328,909,000 | 95,905,196,000 | 93,537,418,000 | 93,310,310,000 | 93,020,840,000 | 91,949,409,000 | 92,392,041,000 | 88,520,884,000 | 87,897,448,000 | 60,945,529,000 | 59,763,817,000 | 59,779,871,000 | 58,486,220,000 | 57,016,670,000 | 56,441,385,000 | 55,732,809,000 | 56,065,005,000 | 55,759,598,000 | 55,221,857,000 | 55,007,247,000 | 40,031,850,000 | 39,448,185,000 | 38,706,750,000 | 38,392,112,000 | 38,417,664,000 | 38,268,162,000 | 29,502,882,000 | 29,671,485,000 | 29,481,075,000 | 29,654,150,000 | 30,150,395,000 | 29,814,958,000 | 30,888,209,000 | 31,375,748,000 | 31,602,397,000 | 25,460,821,000 | 25,818,223,000 | 24,072,103,000 | 24,131,562,000 | 24,655,148,000 | 24,572,307,000 | 24,789,543,000 | 24,037,568,000 | 24,075,299,000 | 27,310,145,000 | 28,576,422,000 | 28,415,563,000 | 28,867,953,000 | 27,723,912,000 | 28,586,304,000 | 29,134,506,000 | 7,420,763,000 | 7,372,895,000 | 7,123,726,000 | 7,059,992,000 | 6,909,471,000 | 6,841,958,000 | 6,873,266,000 | 6,885,248,000 | 6,912,935,000 | 7,301,648,000 | 7,317,818,000 | 7,926,792,000 | 7,689,254,000 |
liabilities and equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt | 35,302,901,000 | 34,666,551,000 | 32,262,055,000 | 30,879,263,000 | 32,289,832,000 | 29,904,620,000 | 29,557,667,000 | 29,000,501,000 | 27,578,197,000 | 28,129,473,000 | 25,153,342,000 | 23,875,961,000 | 18,139,299,000 | 18,040,832,000 | 18,368,538,000 | 17,715,054,000 | 17,135,668,000 | 16,985,305,000 | 16,503,458,000 | 16,849,076,000 | 16,518,126,000 | 15,666,872,000 | 15,676,592,000 | 11,905,877,000 | 11,459,223,000 | 10,968,320,000 | 10,706,139,000 | 11,089,815,000 | 11,232,129,000 | 9,427,124,000 | 9,460,177,000 | 9,412,631,000 | 9,721,065,000 | 11,081,922,000 | 10,966,932,000 | 11,256,997,000 | 11,687,171,000 | 12,121,305,000 | 8,641,421,000 | 9,380,199,000 | 8,822,952,000 | 8,529,453,000 | 8,870,635,000 | 9,011,216,000 | 9,119,317,000 | 8,417,310,000 | 9,074,123,000 | 11,790,794,000 | 12,578,060,000 | 12,433,585,000 | 12,380,921,000 | 11,382,408,000 | 12,147,277,000 | 12,119,952,000 | |||||||||||||
accounts payable and accrued expenses | 1,847,369,000 | 1,627,999,000 | 1,620,366,000 | 1,769,327,000 | 1,808,142,000 | 1,647,877,000 | 1,752,485,000 | 1,766,018,000 | 1,721,108,000 | 1,582,205,000 | 1,507,748,000 | 1,711,885,000 | 1,318,378,000 | 1,042,086,000 | 1,206,224,000 | 1,252,767,000 | 1,441,776,000 | 1,304,539,000 | 1,138,924,000 | 1,143,372,000 | 1,119,124,000 | 1,140,569,000 | 888,341,000 | 704,954,000 | 808,898,000 | 740,941,000 | 695,761,000 | 760,515,000 | 873,412,000 | 719,679,000 | 692,853,000 | 702,804,000 | 707,049,000 | 554,775,000 | 549,836,000 | 672,111,000 | 698,678,000 | 537,432,000 | 459,845,000 | 627,999,000 | 556,965,000 | 615,849,000 | 572,754,000 | 641,011,000 | 692,241,000 | 651,081,000 | 589,034,000 | 611,770,000 | 625,873,000 | 600,019,000 | 674,084,000 | 639,490,000 | 633,044,000 | 702,378,000 | |||||||||||||
other liabilities | 3,978,762,000 | 4,115,686,000 | 4,035,532,000 | 4,063,549,000 | 4,143,130,000 | 4,061,600,000 | 4,203,040,000 | 4,430,601,000 | 4,389,242,000 | 4,602,539,000 | 4,394,565,000 | 4,446,509,000 | 1,881,531,000 | 1,806,961,000 | 1,742,907,000 | 1,776,189,000 | 1,681,752,000 | 1,670,737,000 | 1,705,224,000 | 1,261,005,000 | 1,184,507,000 | 1,179,657,000 | 1,168,332,000 | 877,601,000 | 812,365,000 | 816,886,000 | 773,810,000 | 766,446,000 | 724,966,000 | 629,576,000 | 730,335,000 | 659,899,000 | 666,780,000 | 653,460,000 | 629,769,000 | 675,831,000 | 649,275,000 | 589,636,000 | 566,748,000 | 626,426,000 | 555,437,000 | 709,410,000 | 718,516,000 | 742,191,000 | 713,069,000 | 628,618,000 | 701,423,000 | 1,115,911,000 | 1,163,651,000 | 1,193,479,000 | 1,258,442,000 | 1,225,548,000 | 1,201,624,000 | 1,239,922,000 | |||||||||||||
total liabilities | 41,129,032,000 | 40,410,236,000 | 37,917,953,000 | 36,712,139,000 | 38,241,104,000 | 35,614,097,000 | 35,513,192,000 | 35,197,120,000 | 33,688,547,000 | 34,314,217,000 | 31,055,655,000 | 30,034,355,000 | 21,339,208,000 | 20,889,879,000 | 21,317,669,000 | 20,744,010,000 | 20,259,196,000 | 19,960,581,000 | 19,347,606,000 | 19,740,425,000 | 19,270,291,000 | 18,475,648,000 | 18,231,377,000 | 13,960,066,000 | 13,512,608,000 | 12,929,317,000 | 12,568,051,000 | 12,616,776,000 | 12,830,507,000 | 10,776,379,000 | 10,883,365,000 | 10,775,334,000 | 11,094,894,000 | 12,290,157,000 | 12,146,537,000 | 12,604,939,000 | 13,035,124,000 | 13,248,373,000 | 9,668,014,000 | 10,634,624,000 | 9,935,354,000 | 9,854,712,000 | 10,161,905,000 | 10,395,854,000 | 10,526,021,000 | 9,715,066,000 | 10,864,766,000 | 13,536,809,000 | 14,401,901,000 | 14,245,996,000 | 14,317,293,000 | 13,268,438,000 | 13,984,338,000 | 14,064,261,000 | 3,720,670,000 | 3,670,773,000 | 3,424,707,000 | 3,340,682,000 | 3,658,376,000 | 3,550,638,000 | 3,523,086,000 | 3,593,335,000 | 3,607,622,000 | 4,335,444,000 | 4,169,273,000 | 4,503,715,000 | 4,308,152,000 |
equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prologis, inc. stockholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series q preferred stock at stated liquidation preference of 50 per share; 0.01 par value... | 63,948,000 | 63,948,000 | 63,948,000 | 63,948,000 | 63,948,000 | 63,948,000 | 63,948,000 | 63,948,000 | 63,948,000 | 63,948,000 | 63,948,000 | 63,948,000 | 63,948,000 | 63,948,000 | 63,948,000 | 63,948,000 | 63,948,000 | 63,948,000 | 63,948,000 | 63,948,000 | 63,948,000 | 68,948,000 | 68,948,000 | 68,948,000 | 68,948,000 | 68,948,000 | 68,948,000 | 68,948,000 | 68,948,000 | 68,948,000 | 68,948,000 | 68,948,000 | 78,235,000 | 78,235,000 | 78,235,000 | 78,235,000 | 78,235,000 | 100,000,000 | |||||||||||||||||||||||||||||
common stock; 0.01 par value... | 9,287,000 | 9,280,000 | 9,279,000 | 9,263,000 | 9,261,000 | 9,259,000 | 9,258,000 | 9,244,000 | 9,240,000 | 9,239,000 | 9,235,000 | 9,231,000 | 7,404,000 | 7,404,000 | 7,402,000 | 7,398,000 | 7,393,000 | 7,390,000 | 7,397,000 | 7,394,000 | 7,390,000 | 7,387,000 | 7,386,000 | 6,318,000 | 6,317,000 | 6,311,000 | 6,307,000 | 6,296,000 | 6,295,000 | 5,333,000 | 5,331,000 | 5,322,000 | 5,241,000 | 5,240,000 | 5,095,000 | 5,000,000 | 4,998,000 | 4,997,000 | 4,988,000 | 4,618,000 | 4,609,000 | 4,606,000 | 4,604,000 | 4,594,000 | 4,591,000 | 4,589,000 | |||||||||||||||||||||
additional paid-in capital | 54,658,643,000 | 54,604,092,000 | 54,556,451,000 | 54,464,055,000 | 54,422,574,000 | 54,392,526,000 | 54,336,001,000 | 54,249,801,000 | 54,197,865,000 | 54,115,592,000 | 54,058,036,000 | 54,065,407,000 | 35,606,319,000 | 35,573,940,000 | 35,546,263,000 | 35,561,608,000 | 35,526,671,000 | 35,432,843,000 | 35,454,066,000 | 35,488,634,000 | 35,456,223,000 | 35,424,401,000 | 35,416,341,000 | 25,719,427,000 | 25,693,652,000 | 25,651,666,000 | 25,654,449,000 | 25,685,987,000 | 25,674,657,000 | 19,322,016,000 | 19,303,909,000 | 19,363,007,000 | 19,350,643,000 | 19,305,197,000 | 19,246,762,000 | 19,433,001,000 | 19,302,387,000 | 19,129,348,000 | 19,052,562,000 | 18,467,009,000 | 18,081,751,000 | 18,062,370,000 | 18,005,321,000 | 17,974,509,000 | 17,952,611,000 | 17,939,829,000 | 16,461,486,000 | 16,411,855,000 | 16,395,797,000 | 16,373,438,000 | 16,370,254,000 | 16,349,328,000 | 16,365,582,000 | 16,384,229,000 | 3,034,593,000 | 3,071,134,000 | 3,100,736,000 | 3,142,782,000 | 2,705,104,000 | 2,740,307,000 | 2,699,709,000 | 2,734,993,000 | 2,770,935,000 | 2,241,802,000 | 2,232,958,000 | 2,202,247,000 | 2,196,095,000 |
accumulated other comprehensive loss | -736,100,000 | -765,507,000 | -349,588,000 | -120,215,000 | -572,251,000 | -156,053,000 | -285,395,000 | -514,201,000 | -185,783,000 | -332,370,000 | -496,424,000 | -443,609,000 | -71,626,000 | -328,761,000 | -681,120,000 | -878,253,000 | -983,906,000 | -1,035,120,000 | -1,021,551,000 | -1,193,739,000 | -1,184,465,000 | -1,142,129,000 | -1,142,352,000 | -990,398,000 | -1,050,246,000 | -1,079,109,000 | -1,029,206,000 | -1,084,671,000 | -1,046,565,000 | -1,041,486,000 | -903,343,000 | -901,658,000 | -924,620,000 | -934,196,000 | -943,282,000 | -889,223,000 | -813,900,000 | -631,265,000 | -701,713,000 | -600,337,000 | -510,661,000 | -385,248,000 | -444,594,000 | -435,675,000 | -451,658,000 | -541,355,000 | -503,786,000 | -233,563,000 | -165,100,000 | -333,811,000 | -219,574,000 | -182,321,000 | -102,546,000 | ||||||||||||||
distributions in excess of net earnings | -1,360,237,000 | -1,183,239,000 | -812,880,000 | -465,913,000 | -851,763,000 | -964,620,000 | -933,159,000 | -627,068,000 | -449,439,000 | -390,779,000 | -799,577,000 | -457,695,000 | -312,945,000 | -740,764,000 | -764,425,000 | -1,327,828,000 | -2,107,989,000 | -2,363,348,000 | -2,495,343,000 | -2,394,690,000 | -2,245,921,000 | -2,115,679,000 | -2,090,881,000 | -2,151,168,000 | -2,201,461,000 | -2,317,008,000 | -2,366,015,000 | -2,378,467,000 | -2,672,736,000 | -2,716,241,000 | -2,794,770,000 | -2,904,461,000 | -2,965,828,000 | -3,607,253,000 | -3,640,150,000 | -3,828,132,000 | -3,939,312,000 | -3,870,808,000 | -3,819,351,000 | -3,974,493,000 | -4,214,224,000 | -4,188,611,000 | -4,094,689,000 | -3,932,664,000 | -3,852,846,000 | -3,704,034,000 | -3,561,429,000 | -3,696,093,000 | -3,335,757,000 | -3,159,462,000 | -3,019,829,000 | -3,092,162,000 | -2,916,997,000 | -2,842,842,000 | |||||||||||||
total prologis, inc. stockholders’ equity | 52,635,541,000 | 52,728,574,000 | 53,467,210,000 | 53,951,138,000 | 53,071,769,000 | 53,345,060,000 | 53,190,653,000 | 53,181,724,000 | 53,635,831,000 | 53,465,630,000 | 52,835,218,000 | 53,237,282,000 | 35,293,100,000 | 34,575,767,000 | 34,172,068,000 | 33,426,873,000 | 32,506,117,000 | 32,105,713,000 | 32,008,517,000 | 31,971,547,000 | 32,097,175,000 | 32,242,928,000 | 32,259,442,000 | 22,653,127,000 | 22,517,210,000 | 22,330,808,000 | 22,334,483,000 | 22,298,093,000 | 22,030,599,000 | 15,638,570,000 | 15,680,075,000 | 15,631,158,000 | 15,543,751,000 | 14,847,296,000 | 14,746,867,000 | 14,799,167,000 | 14,632,661,000 | 13,975,509,000 | 13,440,101,000 | 13,571,744,000 | 13,571,035,000 | 13,711,158,000 | 13,069,017,000 | 13,661,639,000 | 13,932,830,000 | 14,353,540,000 | |||||||||||||||||||||
noncontrolling interests | 4,576,568,000 | 4,578,240,000 | 4,608,228,000 | 4,665,632,000 | 4,592,323,000 | 4,578,261,000 | 4,606,465,000 | 4,641,996,000 | 4,625,031,000 | 4,612,194,000 | 4,630,011,000 | 4,625,811,000 | 4,313,221,000 | 4,298,171,000 | 4,290,134,000 | 4,315,337,000 | 4,251,357,000 | 4,375,091,000 | 4,376,686,000 | 4,353,033,000 | 4,392,132,000 | 4,503,281,000 | 4,516,428,000 | 3,418,657,000 | 3,418,367,000 | 3,446,625,000 | 3,489,578,000 | 3,502,795,000 | 3,407,056,000 | 3,087,933,000 | 3,108,045,000 | 3,074,583,000 | 3,015,505,000 | 3,012,942,000 | 2,921,554,000 | 3,484,103,000 | 3,707,963,000 | 3,643,273,000 | 1,177,834,000 | 1,208,090,000 | 696,648,000 | 705,106,000 | 922,208,000 | 465,295,000 | 510,429,000 | 523,076,000 | 709,638,000 | 704,319,000 | 692,772,000 | 702,596,000 | 833,005,000 | 793,835,000 | 669,136,000 | 716,705,000 | |||||||||||||
total equity | 57,212,109,000 | 57,306,814,000 | 58,075,438,000 | 58,616,770,000 | 57,664,092,000 | 57,923,321,000 | 57,797,118,000 | 57,823,720,000 | 58,260,862,000 | 58,077,824,000 | 57,465,229,000 | 57,863,093,000 | 39,606,321,000 | 38,873,938,000 | 38,462,202,000 | 37,742,210,000 | 36,757,474,000 | 36,480,804,000 | 36,385,203,000 | 36,324,580,000 | 36,489,307,000 | 36,746,209,000 | 36,775,870,000 | 26,071,784,000 | 25,935,577,000 | 25,777,433,000 | 25,824,061,000 | 25,800,888,000 | 25,437,655,000 | 18,726,503,000 | 18,788,120,000 | 18,705,741,000 | 18,559,256,000 | 17,860,238,000 | 17,668,421,000 | 18,283,270,000 | 18,340,624,000 | 18,354,024,000 | 15,792,807,000 | 15,183,599,000 | 14,136,749,000 | 14,276,850,000 | 14,493,243,000 | 14,176,453,000 | 14,263,522,000 | 14,322,502,000 | 13,210,533,000 | 13,773,336,000 | 14,174,521,000 | 14,169,567,000 | 14,550,660,000 | 14,455,474,000 | 14,601,966,000 | 15,070,245,000 | 3,700,093,000 | 3,702,122,000 | 3,699,019,000 | 3,719,310,000 | 3,251,095,000 | 3,291,320,000 | 3,350,180,000 | 3,291,913,000 | |||||
total liabilities and equity | 98,341,141,000 | 97,717,050,000 | 95,993,391,000 | 95,328,909,000 | 95,905,196,000 | 93,537,418,000 | 93,310,310,000 | 93,020,840,000 | 91,949,409,000 | 92,392,041,000 | 88,520,884,000 | 87,897,448,000 | 60,945,529,000 | 59,763,817,000 | 59,779,871,000 | 58,486,220,000 | 57,016,670,000 | 56,441,385,000 | 55,732,809,000 | 56,065,005,000 | 55,759,598,000 | 55,221,857,000 | 55,007,247,000 | 40,031,850,000 | 39,448,185,000 | 38,706,750,000 | 38,392,112,000 | 38,417,664,000 | 38,268,162,000 | 29,502,882,000 | 29,671,485,000 | 29,481,075,000 | 29,654,150,000 | 30,150,395,000 | 29,814,958,000 | 30,888,209,000 | 31,375,748,000 | 31,602,397,000 | 25,460,821,000 | 25,818,223,000 | 24,072,103,000 | 24,131,562,000 | 24,655,148,000 | 24,572,307,000 | 24,789,543,000 | 24,037,568,000 | 24,075,299,000 | 27,310,145,000 | 28,576,422,000 | 28,415,563,000 | 28,867,953,000 | 27,723,912,000 | 28,586,304,000 | 29,134,506,000 | 7,420,763,000 | 7,372,895,000 | 7,123,726,000 | 7,059,992,000 | 6,909,471,000 | 6,841,958,000 | 6,873,266,000 | 6,885,248,000 | |||||
lease right-of-use assets | 492,801,000 | 455,704,000 | 497,802,000 | 510,191,000 | 486,330,000 | 437,038,000 | 394,603,000 | 383,704,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
lease liabilities | 486,972,000 | 448,534,000 | 488,550,000 | 498,112,000 | 471,634,000 | 432,122,000 | 403,170,000 | 392,341,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes receivable backed by real estate | 34,260,000 | 19,536,000 | 17,006,000 | 33,800,000 | 37,550,000 | 188,000,000 | 189,663,000 | 189,636,000 | 188,000,000 | 188,000,000 | 243,979,000 | 245,654,000 | 247,241,000 | 322,834,000 | 354,254,000 | 359,228,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
series q preferred stock at stated liquidation preference of 50 per share: 0.01 par value... | 78,235,000 | 78,235,000 | 78,235,000 | 78,235,000 | 78,235,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock: 0.01 par value... | 5,321,000 | 5,313,000 | 5,302,000 | 5,286,000 | 5,251,000 | 4,986,000 | 4,986,000 | 4,624,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
assets held for sale | 514,752,000 | 337,229,000 | 43,934,000 | 4,042,000 | 3,958,000 | 25,330,000 | 25,391,000 | 26,027,000 | 376,642,000 | 50,672,000 | 102,183,000 | 444,850,000 | 89,519,000 | 171,765,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
note receivable backed by real estate | 197,500,000 | 197,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prologis, inc. stockholders' equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total prologis, inc. stockholders' equity | 14,710,751,000 | 14,614,973,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | 103,445,000 | 132,464,000 | 123,961,000 | 114,880,000 | 128,196,000 | 137,879,000 | 124,980,000 | 139,691,000 | 171,084,000 | 181,855,000 | 168,008,000 | 163,679,000 | 147,999,000 | 216,423,000 | 197,475,000 | 170,867,000 | 167,735,000 | 159,093,000 | 156,655,000 | 142,393,000 | 155,958,000 | 135,164,000 | 142,288,000 | 145,266,000 | 160,528,000 | 163,118,000 | 209,926,000 | 181,910,000 | |||||||||||||||||||||||||||||||||||||||
notes receivable backed by real estate and other | 191,703,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restricted cash | 9,750,000 | 14,210,000 | 42,488,000 | 26,642,000 | 48,605,000 | 176,926,000 | 172,515,000 | 151,184,000 | 91,957,000 | 71,992,000 | 77,798,000 | 68,390,000 | 31,662,000 | 29,991,000 | 29,155,000 | 26,155,000 | 21,949,000 | 18,908,000 | 26,045,000 | 23,439,000 | 19,295,000 | 27,295,000 | 23,615,000 | 38,771,000 | 65,869,000 | ||||||||||||||||||||||||||||||||||||||||||
liabilities related to assets held for sale | 1,436,000 | 1,394,000 | 18,057,000 | 17,686,000 | 18,334,000 | 34,317,000 | 18,913,000 | 3,846,000 | 20,992,000 | 2,393,000 | 2,009,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock | 100,000,000 | 100,000,000 | 100,000,000 | 100,000,000 | 582,200,000 | 582,200,000 | 582,200,000 | 582,200,000 | 582,200,000 | 582,200,000 | 582,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total prologis stockholders’ equity | 13,753,093,000 | 13,799,426,000 | 12,500,895,000 | 13,481,749,000 | 13,466,971,000 | 13,717,655,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock at redemption value | 482,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in and advances to unconsolidated investees | 2,452,939,000 | 2,857,755,000 | 2,900,646,000 | 3,012,144,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | 225,364,000 | 52,554,000 | 42,188,000 | 28,352,000 | 13,336,000 | 2,709,000 | 3,816,000 | 15,334,000 | -10,503,000 | -15,265,000 | 22,043,000 | 10,704,000 | 30,893,000 | 37,492,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in real estate: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
land | 1,395,140,000 | 1,396,321,000 | 1,387,291,000 | 1,374,858,000 | 1,365,305,000 | 1,317,461,000 | 1,284,333,000 | 1,049,168,000 | 1,105,737,000 | 1,108,193,000 | 1,086,548,000 | 1,083,098,000 | 1,255,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
land held for development | 680,278,000 | 672,883,000 | 669,296,000 | 598,440,000 | 598,440,000 | 591,489,000 | 658,483,000 | 673,349,000 | 630,287,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
buildings and improvements | 4,721,059,000 | 4,808,667,000 | 4,775,262,000 | 4,668,204,000 | 4,624,494,000 | 4,439,313,000 | 4,229,302,000 | 3,604,945,000 | 3,561,628,000 | 3,525,871,000 | 3,487,111,000 | 3,302,869,000 | 3,760,206,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
construction in progress | 44,812,000 | 28,305,000 | 39,413,000 | 193,234,000 | 192,704,000 | 360,397,000 | 412,719,000 | 508,331,000 | 652,257,000 | 1,969,792,000 | 1,742,131,000 | 1,715,612,000 | 1,870,029,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
total investments in properties | 6,841,289,000 | 6,906,176,000 | 6,871,262,000 | 6,834,736,000 | 6,780,943,000 | 6,708,660,000 | 6,584,837,000 | 5,835,793,000 | 5,949,909,000 | 6,603,856,000 | 6,315,790,000 | 6,101,579,000 | 6,885,735,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated depreciation and amortization | -1,313,547,000 | -1,268,093,000 | -1,219,307,000 | -1,196,321,000 | -1,156,998,000 | -1,113,808,000 | -1,062,681,000 | -1,014,490,000 | -986,541,000 | -970,737,000 | -928,831,000 | -894,230,000 | -941,413,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net investments in properties | 5,527,742,000 | 5,638,083,000 | 5,651,955,000 | 5,638,415,000 | 5,623,945,000 | 5,594,852,000 | 5,522,156,000 | 4,821,303,000 | 4,963,368,000 | 5,633,119,000 | 5,386,959,000 | 5,207,349,000 | 5,944,322,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in unconsolidated joint ventures | 911,003,000 | 883,241,000 | 690,088,000 | 687,201,000 | 606,838,000 | 462,130,000 | 459,612,000 | 434,008,000 | 432,503,000 | 431,322,000 | 433,649,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties held for sale or contribution | 346,242,000 | 242,098,000 | 228,349,000 | 131,155,000 | 147,838,000 | 214,426,000 | 348,349,000 | 1,072,543,000 | 881,431,000 | 609,023,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred financing costs | 34,931,000 | 38,079,000 | 23,759,000 | 21,967,000 | 22,354,000 | 24,883,000 | 18,618,000 | 19,050,000 | 21,163,000 | 25,277,000 | 21,661,000 | 23,750,000 | 23,675,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
secured debt | 961,264,000 | 962,434,000 | 968,085,000 | 944,787,000 | 963,893,000 | 1,096,554,000 | 1,398,212,000 | 1,383,862,000 | 1,405,188,000 | 1,522,571,000 | 1,384,409,000 | 1,481,422,000 | 1,452,416,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
unsecured senior debt | 1,639,823,000 | 1,685,956,000 | 1,571,271,000 | 1,156,361,000 | 1,155,945,000 | 1,155,529,000 | 871,379,000 | 871,369,000 | 1,054,250,000 | 1,153,926,000 | 1,153,582,000 | 1,153,270,000 | 1,003,435,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
unsecured credit facilities | 402,784,000 | 268,933,000 | 249,108,000 | 422,483,000 | 715,998,000 | 477,630,000 | 510,951,000 | 594,942,000 | 380,663,000 | 920,850,000 | 816,875,000 | 916,485,000 | 960,479,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
other debt | 422,180,000 | 413,976,000 | 278,443,000 | 471,024,000 | 477,884,000 | 482,883,000 | 391,459,000 | 392,113,000 | 392,613,000 | 392,838,000 | 403,357,000 | 568,498,000 | 569,844,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
total debt | 3,426,051,000 | 3,331,299,000 | 3,066,907,000 | 2,994,655,000 | 3,313,720,000 | 3,212,596,000 | 3,172,001,000 | 3,242,286,000 | 3,232,714,000 | 3,990,185,000 | 3,758,223,000 | 4,119,675,000 | 3,986,174,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
security deposits | 56,420,000 | 57,555,000 | 57,089,000 | 53,555,000 | 52,263,000 | 53,283,000 | 52,576,000 | 50,841,000 | 48,941,000 | 59,093,000 | 57,489,000 | 57,080,000 | 46,404,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends payable | 3,330,000 | 51,400,000 | 51,325,000 | 51,339,000 | 46,234,000 | 46,041,000 | 45,198,000 | 45,204,000 | 45,301,000 | 3,395,000 | 56,383,000 | 56,309,000 | 56,280,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and other liabilities | 234,869,000 | 230,519,000 | 249,386,000 | 241,133,000 | 246,159,000 | 238,718,000 | 253,311,000 | 255,004,000 | 280,666,000 | 282,771,000 | 297,178,000 | 270,651,000 | 219,294,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series l preferred stock, cumulative, redeemable, .01 par value... | 48,017,000 | 48,017,000 | 48,017,000 | 48,017,000 | 48,017,000 | 48,017,000 | 48,017,000 | 48,017,000 | 48,017,000 | 48,017,000 | 48,017,000 | 48,017,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
series m preferred stock, cumulative, redeemable, .01 par value... | 55,187,000 | 55,187,000 | 55,187,000 | 55,187,000 | 55,187,000 | 55,187,000 | 55,187,000 | 55,187,000 | 55,187,000 | 55,187,000 | 55,187,000 | 55,187,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
series o preferred stock, cumulative, redeemable, .01 par value... | 72,127,000 | 72,127,000 | 72,127,000 | 72,127,000 | 72,127,000 | 72,127,000 | 72,127,000 | 72,127,000 | 72,127,000 | 72,127,000 | 72,127,000 | 72,127,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
series p preferred stock, cumulative, redeemable, .01 par value... | 48,081,000 | 48,081,000 | 48,081,000 | 48,081,000 | 48,081,000 | 48,081,000 | 48,081,000 | 48,081,000 | 48,081,000 | 48,081,000 | 48,081,000 | 48,081,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock, .01 par value... | 1,692,000 | 1,680,000 | 1,680,000 | 1,496,000 | 1,489,000 | 1,459,000 | 1,459,000 | 1,459,000 | 981,000 | 980,000 | 977,000 | 976,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
retained deficit | -9,519,000 | -17,695,000 | -22,897,000 | -29,872,000 | -33,111,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity | 3,302,732,000 | 3,320,723,000 | 3,331,283,000 | 3,351,338,000 | 2,899,610,000 | 2,940,016,000 | 2,925,043,000 | 2,871,302,000 | 2,885,060,000 | 2,515,107,000 | 2,696,287,000 | 2,712,595,000 | 2,690,834,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
joint venture partners | 342,514,000 | 325,590,000 | 306,575,000 | 306,414,000 | 291,283,000 | 289,909,000 | 285,108,000 | 280,714,000 | 280,033,000 | 293,367,000 | 282,083,000 | 532,173,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
limited partnership unitholders | 54,847,000 | 55,809,000 | 61,161,000 | 61,558,000 | 60,202,000 | 61,395,000 | 62,468,000 | 62,336,000 | 62,659,000 | 80,169,000 | 92,614,000 | 100,748,000 | 100,134,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
total noncontrolling interests | 397,361,000 | 381,399,000 | 367,736,000 | 367,972,000 | 351,485,000 | 351,304,000 | 425,137,000 | 420,611,000 | 420,253,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized and 2,000,000 issued and outstanding, 50,000 liquidation preference | 48,017,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized and 2,300,000 issued and outstanding, 57,500 liquidation preference | 55,187,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized and 3,000,000 issued and outstanding, 75,000 liquidation preference | 72,127,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
149,258,376 issued and outstanding, respectively | 1,684,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
retained (deficit) earnings | -29,008,000 | -14,871,000 | -78,059,000 | -95,481,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred unitholders | 77,561,000 | 77,561,000 | 77,561,000 | 77,561,000 | 77,561,000 | 77,561,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities, stockholders’ equity and noncontrolling interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity and noncontrolling interests: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity and noncontrolling interests | 3,305,313,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, stockholders’ equity and noncontrolling interests | 6,912,935,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interests: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total minority interests | 451,097,000 | 452,258,000 | 710,482,000 | 690,268,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
retained earnings | 26,869,000 | 228,233,000 | 255,066,000 | 232,859,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ equity | 7,301,648,000 | 7,317,818,000 | 7,926,792,000 | 7,689,254,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties held for contribution | 693,805,000 | 1,442,708,000 | 559,131,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties held for divestiture | 81,347,000 | 85,040,000 | 42,893,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in unconsolidated ventures | 373,202,000 | 366,385,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
co-investment venture partners | 512,573,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred unit holders | 77,561,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-03-31 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2009-03-31 | 2008-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
consolidated net earnings | 821,260,000 | 622,304,000 | 639,520,000 | 1,342,176,000 | 1,063,451,000 | 911,501,000 | 630,807,000 | 675,884,000 | 799,141,000 | 1,279,491,000 | 498,629,000 | 620,066,000 | 1,069,174,000 | 646,436,000 | 1,219,722,000 | 1,300,853,000 | 797,731,000 | 650,313,000 | 399,693,000 | 308,007,000 | 332,521,000 | 454,938,000 | 521,164,000 | 426,242,000 | 491,013,000 | 410,826,000 | 373,765,000 | 690,490,000 | 375,520,000 | 364,991,000 | 391,959,000 | 338,873,000 | 913,417,000 | 287,980,000 | 220,689,000 | 222,805,000 | 140,260,000 | 351,312,000 | 427,724,000 | 147,127,000 | 152,430,000 | 12,003,000 | 68,269,000 | -7,167,000 | -4,985,000 | 296,932,000 | -32,898,000 | 4,669,000 | 213,097,000 | |||||
adjustments to reconcile net earnings to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-lined rents and amortization of above and below market leases | -162,529,000 | -187,801,000 | -180,361,000 | -174,317,000 | -166,980,000 | -144,349,000 | -158,960,000 | -146,319,000 | -173,887,000 | -149,113,000 | -143,686,000 | -160,144,000 | -34,899,000 | -35,292,000 | -37,374,000 | -39,196,000 | -36,133,000 | -36,252,000 | -36,658,000 | -37,691,000 | -35,726,000 | -29,173,000 | -23,738,000 | -21,269,000 | -25,232,000 | -24,013,000 | -27,912,000 | -21,566,000 | -19,003,000 | -11,309,000 | -15,060,000 | -14,787,000 | -17,314,000 | -23,423,000 | -25,497,000 | -20,283,000 | ||||||||||||||||||
equity-based compensation awards | 44,509,000 | 43,984,000 | 53,161,000 | 67,445,000 | 42,520,000 | 54,545,000 | 67,237,000 | 57,626,000 | 57,248,000 | 89,868,000 | 62,906,000 | 35,334,000 | 61,670,000 | 36,923,000 | 41,429,000 | 28,612,000 | 25,895,000 | 23,946,000 | 34,575,000 | 23,471,000 | 26,554,000 | 27,998,000 | 31,808,000 | 25,090,000 | 20,523,000 | 20,186,000 | 31,758,000 | 18,064,000 | 18,947,000 | 19,086,000 | 19,996,000 | 18,549,000 | 20,487,000 | 19,224,000 | 18,380,000 | 12,465,000 | 13,484,000 | 13,234,000 | ||||||||||||||||
depreciation and amortization | 647,999,000 | 657,221,000 | 652,058,000 | 656,444,000 | 649,265,000 | 637,305,000 | 637,505,000 | 638,346,000 | 642,010,000 | 602,168,000 | 602,367,000 | 612,367,000 | 401,450,000 | 402,313,000 | 396,647,000 | 396,825,000 | 390,806,000 | 392,736,000 | 397,575,000 | 417,066,000 | 400,738,000 | 398,195,000 | 345,970,000 | 289,240,000 | 282,254,000 | 284,376,000 | 284,009,000 | 286,758,000 | 252,702,000 | 203,673,000 | 204,081,000 | 222,501,000 | 201,903,000 | 228,145,000 | 226,591,000 | 250,000,000 | 190,188,000 | 169,808,000 | 171,402,000 | 149,202,000 | 161,577,000 | 160,280,000 | 167,922,000 | 159,242,000 | 159,412,000 | 177,431,000 | 189,561,000 | 198,296,000 | 187,777,000 | 191,825,000 | 198,304,000 | 199,361,000 | 42,101,000 | 82,462,000 |
earnings from unconsolidated entities | -92,827,000 | -107,692,000 | -67,899,000 | -94,065,000 | -84,749,000 | -102,337,000 | -72,472,000 | -89,441,000 | -71,365,000 | -70,642,000 | -75,779,000 | -69,391,000 | -84,925,000 | -79,594,000 | -76,962,000 | -172,969,000 | -91,818,000 | -72,419,000 | -67,049,000 | -80,526,000 | -73,972,000 | -54,142,000 | -88,730,000 | -48,654,000 | -46,302,000 | -48,556,000 | -56,666,000 | -116,421,000 | -56,634,000 | -62,549,000 | -62,656,000 | -76,300,000 | -55,066,000 | -68,596,000 | -48,605,000 | -58,311,000 | -41,784,000 | -31,042,000 | -54,877,000 | -28,514,000 | -21,151,000 | -29,746,000 | -37,666,000 | -26,365,000 | -8,421,000 | -24,768,000 | -11,229,000 | -2,563,000 | ||||||
operating distributions from unconsolidated entities | 162,366,000 | 153,369,000 | 138,947,000 | 145,179,000 | 161,496,000 | 129,147,000 | 126,653,000 | 144,088,000 | 300,448,000 | 100,575,000 | 135,081,000 | 94,184,000 | 124,089,000 | 96,545,000 | 95,665,000 | 128,750,000 | 114,533,000 | 80,794,000 | 115,957,000 | 95,227,000 | 172,656,000 | 76,007,000 | 106,732,000 | 76,525,000 | 90,079,000 | 83,512,000 | 96,401,000 | 99,114,000 | 74,803,000 | 90,731,000 | 85,229,000 | |||||||||||||||||||||||
decrease (increase) in operating receivables from unconsolidated entities | 3,380,000 | -11,852,000 | 16,638,000 | -445,637,000 | -57,309,000 | 111,319,000 | 49,488,000 | -45,823,000 | -656,000 | 73,812,000 | -67,223,000 | |||||||||||||||||||||||||||||||||||||||||||
amortization of debt discounts and debt issuance costs | 21,693,000 | 21,922,000 | 20,835,000 | 20,439,000 | 20,334,000 | 20,068,000 | 18,044,000 | 19,063,000 | 19,771,000 | 18,132,000 | 17,623,000 | 16,861,000 | 2,600,000 | 2,295,000 | 1,980,000 | 2,024,000 | 2,464,000 | 2,077,000 | 2,091,000 | 2,291,000 | 2,103,000 | 2,290,000 | 1,175,000 | 4,364,000 | ||||||||||||||||||||||||||||||
gains on dispositions of development properties and land | -15,435,000 | -10,477,000 | -27,451,000 | -254,256,000 | -32,005,000 | -87,174,000 | -40,308,000 | -188,363,000 | -89,030,000 | -207,059,000 | -74,678,000 | -105,802,000 | -210,206,000 | -316,607,000 | -139,406,000 | -187,361,000 | -173,643,000 | -81,569,000 | -134,207,000 | -86,416,000 | -162,750,000 | |||||||||||||||||||||||||||||||||
gains on other dispositions of investments in real estate | -32,235,000 | -47,044,000 | -36,799,000 | -252,830,000 | -434,446,000 | -199,326,000 | -17,534,000 | -2,647,000 | -129,584,000 | -24,761,000 | -4,047,000 | -3,537,000 | -1,019,000 | 0 | -584,835,000 | -414,390,000 | -214,390,000 | -127,167,000 | -16,623,000 | -67,838,000 | -108,927,000 | -43,939,000 | -31,491,000 | |||||||||||||||||||||||||||||||
unrealized foreign currency and derivative losses (gains) | -37,985,000 | 137,868,000 | 55,465,000 | 102,094,000 | -7,158,000 | -47,238,000 | -20,525,000 | 27,828,000 | 31,619,000 | -1,955,000 | -666,000 | 24,243,000 | ||||||||||||||||||||||||||||||||||||||||||
losses (gains) on early extinguishment of debt | 37,783,000 | 0 | 16,289,000 | -273,000 | 112,859,000 | 114,196,000 | 32,608,000 | 17,351,000 | ||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax expense | -5,312,000 | -4,318,000 | 6,682,000 | 18,960,000 | -8,304,000 | 10,171,000 | 334,000 | 7,872,000 | 4,541,000 | 1,718,000 | 3,577,000 | -11,076,000 | 6,157,000 | 10,065,000 | 7,492,000 | -8,727,000 | -3,809,000 | 12,696,000 | 1,162,000 | 7,308,000 | -7,395,000 | -2,162,000 | 2,993,000 | 2,452,000 | 534,000 | 8,442,000 | 793,000 | 870,000 | -2,064,000 | -171,000 | 2,439,000 | -619,000 | 145,000 | 1,052,000 | 1,032,000 | -3,640,000 | -1,884,000 | -9,920,000 | 1,051,000 | 1,773,000 | ||||||||||||||
decrease (increase) in other assets | -87,258,000 | -63,246,000 | 22,982,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accounts payable and accrued expenses and other liabilities | 180,102,000 | 37,479,000 | -133,025,000 | 137,749,000 | 266,244,000 | 17,719,000 | 173,147,000 | -722,000 | -29,414,000 | 12,933,000 | -12,467,000 | 80,614,000 | -21,316,000 | -39,372,000 | -85,564,000 | |||||||||||||||||||||||||||||||||||||||
net cash from operating activities | 1,447,728,000 | 1,241,717,000 | 1,160,753,000 | 1,335,451,000 | 1,434,845,000 | 1,086,453,000 | 1,055,460,000 | 1,074,422,000 | 1,969,201,000 | 1,215,138,000 | 1,114,297,000 | 1,277,617,000 | 1,203,336,000 | 803,950,000 | 841,527,000 | 716,066,000 | 814,073,000 | 649,209,000 | 816,694,000 | 603,670,000 | 977,986,000 | 676,256,000 | 679,093,000 | 616,374,000 | 644,139,000 | 508,607,000 | 494,914,000 | 529,641,000 | 500,694,000 | 423,983,000 | 349,241,000 | 326,933,000 | 615,153,000 | 392,366,000 | 352,794,000 | 266,270,000 | 274,357,000 | 81,532,000 | 253,744,000 | 144,921,000 | 233,623,000 | 72,243,000 | 152,741,000 | 128,680,000 | 74,428,000 | 129,140,000 | 90,144,000 | 213,243,000 | 88,670,000 | 71,435,000 | 102,117,000 | 122,174,000 | 61,825,000 | 127,596,000 |
investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate development | -627,446,000 | -555,084,000 | -776,184,000 | -829,341,000 | -821,738,000 | -835,357,000 | -719,795,000 | 0 | -796,032,000 | -774,711,000 | -936,921,000 | -886,558,000 | -769,811,000 | -822,374,000 | -639,636,000 | -869,519,000 | -773,025,000 | -574,929,000 | -422,399,000 | -419,129,000 | -523,487,000 | -534,558,000 | -443,044,000 | -523,481,000 | -516,068,000 | -386,992,000 | -368,596,000 | -620,221,000 | -544,319,000 | -422,767,000 | -365,837,000 | -510,510,000 | -380,329,000 | -394,308,000 | -320,986,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
free cash flows | 820,282,000 | 686,633,000 | 384,569,000 | 506,110,000 | 613,107,000 | 251,096,000 | 335,665,000 | 1,074,422,000 | 1,173,169,000 | 440,427,000 | 177,376,000 | 391,059,000 | 433,525,000 | -18,424,000 | 201,891,000 | -153,453,000 | 41,048,000 | 74,280,000 | 394,295,000 | 184,541,000 | 454,499,000 | 141,698,000 | 236,049,000 | 92,893,000 | 128,071,000 | 121,615,000 | 126,318,000 | -90,580,000 | -43,625,000 | 1,216,000 | -16,596,000 | -183,577,000 | 234,824,000 | -1,942,000 | 31,808,000 | 266,270,000 | 274,357,000 | 81,532,000 | 253,744,000 | 144,921,000 | 233,623,000 | 72,243,000 | 152,741,000 | 128,680,000 | 74,428,000 | 129,140,000 | 90,144,000 | 213,243,000 | 88,670,000 | 71,435,000 | 102,117,000 | 122,174,000 | 61,825,000 | 127,596,000 |
real estate acquisitions | -92,751,000 | -374,002,000 | -779,664,000 | -507,297,000 | -1,294,748,000 | -399,383,000 | -126,177,000 | -546,794,000 | -199,837,000 | -3,397,217,000 | -51,866,000 | -259,754,000 | -362,928,000 | -1,418,083,000 | -451,343,000 | -1,123,454,000 | -366,420,000 | -604,124,000 | -226,450,000 | -538,241,000 | -140,375,000 | -121,359,000 | -439,059,000 | -345,207,000 | -192,040,000 | -194,268,000 | -274,528,000 | -490,476,000 | -219,624,000 | -176,410,000 | -112,621,000 | -147,518,000 | -93,090,000 | -69,730,000 | -132,358,000 | -67,346,000 | -224,712,000 | -68,844,000 | -222,512,000 | -207,566,000 | -104,945,000 | -77,307,000 | -55,907,000 | -80,922,000 | -98,669,000 | |||||||||
tenant improvements and lease commissions on previously leased space | -138,212,000 | -152,242,000 | -123,123,000 | -152,439,000 | -131,782,000 | -111,400,000 | -104,306,000 | -117,803,000 | -102,957,000 | -89,099,000 | -78,955,000 | -77,057,000 | -86,697,000 | -90,456,000 | -85,024,000 | -95,206,000 | -85,816,000 | -76,897,000 | -71,140,000 | -79,323,000 | -57,284,000 | -45,488,000 | -39,396,000 | -50,861,000 | -47,444,000 | -40,631,000 | -40,338,000 | -43,674,000 | -31,852,000 | -31,315,000 | -28,027,000 | -40,813,000 | -37,100,000 | -35,064,000 | -40,278,000 | -41,569,000 | -34,577,000 | -30,800,000 | -38,145,000 | -40,100,000 | -34,646,000 | -40,728,000 | -29,950,000 | -41,638,000 | -31,098,000 | -30,496,000 | -30,326,000 | -32,642,000 | -27,529,000 | |||||
property improvements | -109,397,000 | -68,772,000 | -34,367,000 | -137,613,000 | -122,556,000 | -96,112,000 | -30,200,000 | -146,522,000 | -82,720,000 | -54,498,000 | -19,302,000 | -93,795,000 | -61,747,000 | -37,536,000 | -18,280,000 | -71,059,000 | -57,745,000 | -33,058,000 | -8,071,000 | -58,136,000 | -39,899,000 | -37,817,000 | -13,639,000 | -53,897,000 | -47,117,000 | -28,403,000 | -13,612,000 | -30,600,000 | -29,184,000 | -22,833,000 | -10,456,000 | |||||||||||||||||||||||
proceeds from dispositions and contributions of real estate | 84,549,000 | 99,382,000 | 157,013,000 | 2,001,464,000 | 738,426,000 | 850,960,000 | 199,538,000 | 453,880,000 | 535,817,000 | 719,722,000 | 54,903,000 | 341,630,000 | 68,396,000 | 158,337,000 | 1,495,260,000 | 1,404,347,000 | ||||||||||||||||||||||||||||||||||||||
investments in and advances to unconsolidated entities | -18,057,000 | -5,248,000 | -27,352,000 | -60,662,000 | -115,392,000 | -49,663,000 | -314,842,000 | -38,050,000 | -73,292,000 | -133,166,000 | -39,677,000 | -250,031,000 | -79,487,000 | -78,037,000 | -34,811,000 | -343,185,000 | -88,274,000 | -224,880,000 | -141,764,000 | -40,626,000 | -58,464,000 | -35,173,000 | -251,673,000 | -19,442,000 | -70,548,000 | -110,620,000 | -75,559,000 | -43,353,000 | -33,755,000 | -31,119,000 | -52,131,000 | -5,434,000 | -99,407,000 | -38,236,000 | -106,658,000 | -117,017,000 | -217,152,000 | -123,689,000 | 584,895,000 | -668,178,000 | -328,031,000 | -328,321,000 | -184,745,000 | -438,039,000 | -339,957,000 | -258,414,000 | -94,804,000 | |||||||
return of investment from unconsolidated entities | 17,126,000 | 30,716,000 | 28,314,000 | 4,272,000 | 36,673,000 | 16,034,000 | 1,360,000 | 43,375,000 | 16,400,000 | 267,332,000 | 21,169,000 | 18,466,000 | 21,276,000 | 22,950,000 | 14,302,000 | 1,282,000 | 10,858,000 | 8,503,000 | 37,632,000 | 50,324,000 | 65,252,000 | 1,589,000 | 139,900,000 | 29,357,000 | 800,000 | 3,767,000 | 355,539,000 | 184,678,000 | 40,960,000 | 23,429,000 | 111,211,000 | 65,547,000 | 9,927,000 | 25,134,000 | 108,543,000 | 121,479,000 | 32,187,000 | 34,849,000 | 55,799,000 | 61,128,000 | 34,919,000 | 92,460,000 | 54,884,000 | 209,308,000 | 64,814,000 | 82,847,000 | 53,895,000 | 28,950,000 | ||||||
proceeds from the settlement of net investment hedges | 0 | 0 | 4,852,000 | 3,224,000 | 0 | 2,440,000 | 10,357,000 | 6,068,000 | 9,814,000 | 15,908,000 | 5,323,000 | 14,248,000 | 18,546,000 | 22,755,000 | 3,732,000 | 0 | 0 | 0 | 2,352,000 | 0 | 11,400,000 | 2,479,000 | 9,761,000 | 26,055,000 | 0 | 0 | 5,752,000 | 1,789,000 | 869,000 | |||||||||||||||||||||||||
payments on the settlement of net investment hedges | -9,188,000 | -1,652,000 | 0 | -2,069,000 | -2,687,000 | 0 | 0 | -771,000 | 0 | -8,513,000 | -5,489,000 | -2,511,000 | -1,798,000 | -205,000 | -1,432,000 | -5,599,000 | -1,900,000 | 0 | 0 | -28,524,000 | -5,352,000 | -2,385,000 | 0 | -3,966,000 | 0 | 0 | ||||||||||||||||||||||||||||
purchase of short-term investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | -1,070,091,000 | -1,034,970,000 | -1,550,511,000 | 319,956,000 | -1,711,117,000 | -623,831,000 | -1,084,065,000 | -1,207,263,000 | -698,947,000 | -3,464,033,000 | -1,049,154,000 | -1,287,590,000 | -1,252,452,000 | -2,242,444,000 | 283,429,000 | -1,093,489,000 | -380,568,000 | -408,907,000 | -107,094,000 | -494,508,000 | -328,659,000 | -241,990,000 | -2,009,173,000 | -403,104,000 | -364,019,000 | -77,866,000 | 159,639,000 | -19,691,000 | -457,331,000 | -338,636,000 | 151,862,000 | 201,391,000 | 512,391,000 | -226,991,000 | 56,487,000 | 342,627,000 | -4,880,271,000 | -200,349,000 | 115,146,000 | -413,841,000 | 327,513,000 | -517,127,000 | 667,254,000 | -751,184,000 | -396,730,000 | 2,814,582,000 | 577,492,000 | -237,703,000 | 13,265,000 | 176,561,000 | 565,458,000 | -151,993,000 | 15,245,000 | -396,985,000 |
financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid on common and preferred stock | -941,264,000 | -941,588,000 | -939,920,000 | -893,003,000 | -892,862,000 | -892,809,000 | -891,806,000 | -808,567,000 | -806,287,000 | -807,230,000 | -806,505,000 | -731,964,000 | -587,645,000 | -587,732,000 | -587,382,000 | -468,501,000 | -468,179,000 | -468,181,000 | -468,000,000 | -430,663,000 | -430,589,000 | -430,971,000 | -430,766,000 | -336,698,000 | -336,599,000 | -336,269,000 | -336,094,000 | -303,791,000 | -304,331,000 | -257,558,000 | -257,687,000 | -235,624,000 | -236,468,000 | -235,720,000 | -235,072,000 | -222,559,000 | -190,604,000 | -190,585,000 | -169,931,000 | -166,014,000 | -168,004,000 | -168,241,000 | ||||||||||||
noncontrolling interests contributions | 32,743,000 | 13,239,000 | 13,234,000 | 51,849,000 | 15,214,000 | 4,761,000 | 1,270,000 | 19,347,000 | 62,000 | 1,374,000 | 838,000 | 10,649,000 | 434,000 | 67,026,000 | 3,017,000 | 4,241,000 | 120,000 | 118,000 | 0 | 0 | 916,974,000 | 2,528,000 | 5,000 | 2,533,000 | 6,538,000 | 64,771,000 | 79,121,000 | 25,324,000 | 850,000 | 105,068,000 | 0 | 256,000 | ||||||||||||||||||||||
noncontrolling interests distributions | -82,193,000 | -73,513,000 | -75,045,000 | -67,898,000 | -65,990,000 | -91,450,000 | -70,363,000 | -56,995,000 | -59,942,000 | -59,460,000 | -58,653,000 | -50,139,000 | -53,681,000 | -36,747,000 | -129,542,000 | -37,944,000 | -234,317,000 | -55,079,000 | -47,714,000 | -52,978,000 | -123,112,000 | -53,521,000 | -132,025,000 | -33,334,000 | -40,930,000 | -42,512,000 | -47,643,000 | -56,658,000 | -46,668,000 | -80,122,000 | -41,402,000 | -75,784,000 | -32,108,000 | -63,907,000 | -35,989,000 | -78,888,000 | ||||||||||||||||||
settlement of noncontrolling interests | -2,027,000 | -13,944,000 | -4,003,000 | -1,151,000 | 0 | -253,000 | -246,000 | -48,000 | -3,290,000 | -24,200,000 | -42,269,000 | -36,475,000 | -2,517,000 | -23,719,000 | -26,269,000 | -15,063,000 | -32,606,000 | -74,195,000 | -31,372,000 | -5,201,000 | -69,034,000 | -25,932,000 | -16,811,000 | -2,945,000 | -10,982,000 | -55,661,000 | -40,223,000 | -23,506,000 | -28,646,000 | -7,992,000 | -15,776,000 | |||||||||||||||||||||||
tax paid with shares withheld | -3,342,000 | 1,000 | -15,416,000 | -3,633,000 | -4,968,000 | -205,000 | -21,720,000 | -4,722,000 | -1,337,000 | 213,000 | -18,690,000 | -2,261,000 | -1,457,000 | -1,368,000 | -22,602,000 | -1,421,000 | -962,000 | -517,000 | -16,955,000 | -94,000 | ||||||||||||||||||||||||||||||||||
debt and equity issuance costs paid | -5,366,000 | -22,692,000 | -2,648,000 | -2,001,000 | -9,224,000 | -6,668,000 | -13,073,000 | -340,000 | -6,701,000 | -33,751,000 | -17,868,000 | -13,742,000 | -3,793,000 | -20,061,000 | -8,058,000 | -1,310,000 | -1,525,000 | -8,822,000 | -11,661,000 | -2,481,000 | -10,744,000 | -9,861,000 | -31,118,000 | -2,645,000 | -1,079,000 | -1,002,000 | -34,000 | -869,000 | -5,416,000 | -735,000 | -315,000 | -8,602,000 | -2,892,000 | -4,102,000 | -1,220,000 | -12,439,000 | -5,659,000 | -11,961,000 | -19,704,000 | -218,000 | -1,051,000 | -6,884,000 | -2,810,000 | -4,651,000 | -5,274,000 | |||||||||
net proceeds from (payments on) credit facilities and commercial paper | -290,537,000 | -36,624,000 | 299,224,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of and payments on debt | -136,671,000 | -1,192,000 | -71,205,000 | -1,921,000 | -1,929,000 | -1,696,000 | -913,935,000 | -1,859,000 | -1,768,000 | -177,783,000 | -90,793,000 | -494,259,000 | -135,632,000 | -418,119,000 | -332,995,000 | -358,791,000 | -16,174,000 | -253,226,000 | -1,931,983,000 | -625,978,000 | -1,465,884,000 | -625,369,000 | -4,065,075,000 | -22,056,000 | -1,170,882,000 | -690,451,000 | -1,418,438,000 | -878,072,000 | ||||||||||||||||||||||||||
proceeds from the issuance of debt | 1,176,932,000 | 1,258,261,000 | 520,219,000 | 222,062,000 | 1,266,806,000 | 1,158,665,000 | 1,858,297,000 | 8,119,000 | 241,755,000 | 2,960,180,000 | 2,545,042,000 | 722,136,000 | 1,109,332,000 | 443,571,000 | 1,841,450,000 | 772,936,000 | 206,900,000 | 588,037,000 | 2,029,817,000 | 520,756,000 | 1,926,331,000 | 386,317,000 | 4,991,113,000 | 55,228,000 | 2,023,983,000 | 752,650,000 | 1,145,095,000 | |||||||||||||||||||||||||||
net cash from financing activities | -251,725,000 | 181,948,000 | -275,560,000 | -1,091,609,000 | 445,064,000 | -355,800,000 | 2,388,000 | -84,005,000 | -1,047,659,000 | 2,279,539,000 | 172,407,000 | -371,523,000 | 258,348,000 | -13,520,000 | 242,484,000 | 350,468,000 | -443,816,000 | -322,664,000 | -592,313,000 | -466,200,000 | -260,325,000 | -696,048,000 | 1,050,411,000 | -156,222,000 | 350,523,000 | -285,266,000 | -748,634,000 | -443,010,000 | -288,847,000 | -4,275,000 | -495,969,000 | -649,297,000 | -830,936,000 | -297,423,000 | -828,928,000 | -509,271,000 | 4,763,383,000 | -31,953,000 | -314,675,000 | 327,752,000 | -483,078,000 | 132,184,000 | -436,512,000 | 356,667,000 | -23,912,000 | -2,261,865,000 | -725,633,000 | -106,510,000 | -159,150,000 | -80,218,000 | -710,701,000 | -11,375,000 | -45,632,000 | 384,525,000 |
effect of foreign currency exchange rate changes on cash | -5,971,000 | 6,269,000 | 17,844,000 | -26,078,000 | 13,732,000 | -9,064,000 | -3,582,000 | 6,393,000 | -12,864,000 | -22,035,000 | 6,468,000 | 23,697,000 | -10,465,000 | -23,221,000 | -10,807,000 | -1,999,000 | -6,064,000 | 7,734,000 | -39,299,000 | 14,931,000 | 2,062,000 | 3,040,000 | -1,315,000 | 6,813,000 | -6,839,000 | 4,685,000 | 1,255,000 | 1,354,000 | -6,784,000 | -11,341,000 | 5,919,000 | -707,000 | 764,000 | 7,573,000 | 8,160,000 | 6,031,000 | 1,543,000 | -7,909,000 | -15,402,000 | -14,380,000 | 483,000 | 10,457,000 | -14,047,000 | 2,106,000 | -53,721,000 | 2,692,000 | 619,000 | -4,473,000 | 7,110,000 | -114,000 | 2,449,000 | -2,950,000 | ||
net increase in cash and cash equivalents | 119,941,000 | 394,964,000 | -647,474,000 | 537,720,000 | 182,524,000 | 97,758,000 | -29,799,000 | -210,453,000 | 209,731,000 | 8,609,000 | 244,018,000 | 198,767,000 | -1,475,235,000 | 1,356,633,000 | -74,628,000 | 77,988,000 | -342,107,000 | 391,064,000 | 63,861,000 | 623,804,000 | 150,160,000 | -92,826,000 | 69,731,000 | 11,053,000 | -121,680,000 | 297,372,000 | -124,475,000 | -411,487,000 | 105,657,000 | 38,813,000 | 44,452,000 | 78,541,000 | -302,243,000 | 369,436,000 | -263,731,000 | -399,935,000 | 684,549,000 | -57,378,000 | -135,443,000 | -50,105,000 | 167,664,000 | -40,677,000 | -44,144,000 | 39,067,000 | 119,531,000 | |||||||||
cash and cash equivalents, beginning of period | 0 | 0 | 1,318,591,000 | 0 | 0 | 530,388,000 | 0 | 0 | 278,483,000 | 0 | 0 | 556,117,000 | 0 | 0 | 598,086,000 | 0 | 0 | 1,088,855,000 | 0 | 0 | 343,856,000 | 0 | 0 | 447,046,000 | 0 | 0 | 807,316,000 | 264,080,000 | 0 | 350,692,000 | 0 | 0 | 491,129,000 | 0 | 0 | 100,810,000 | 0 | 0 | 176,072,000 | 0 | 0 | |||||||||||||
cash and cash equivalents, end of period | 119,941,000 | 394,964,000 | 671,117,000 | 182,524,000 | 97,758,000 | 500,589,000 | 209,731,000 | 8,609,000 | 522,501,000 | 198,767,000 | -1,475,235,000 | 1,912,750,000 | -16,375,000 | -74,628,000 | 676,074,000 | 391,064,000 | -258,742,000 | 807,871,000 | 623,804,000 | 150,160,000 | 251,030,000 | -252,268,000 | 69,731,000 | 458,099,000 | 297,372,000 | -124,475,000 | 395,829,000 | 369,737,000 | 159,012,000 | 192,013,000 | 44,452,000 | 78,541,000 | 188,886,000 | -263,731,000 | -399,935,000 | 785,359,000 | -135,443,000 | -50,105,000 | 343,736,000 | -40,677,000 | -44,144,000 | |||||||||||||
decrease in operating receivables from unconsolidated entities | -17,237,000 | 15,535,000 | -22,607,000 | 44,841,000 | 51,164,000 | -819,000 | -32,259,000 | 11,451,000 | 2,301,000 | 4,284,000 | -237,678,000 | 60,739,000 | ||||||||||||||||||||||||||||||||||||||||||
unrealized foreign currency and derivative losses | -128,523,000 | 99,133,000 | -2,899,000 | -35,046,000 | 10,113,000 | 34,145,000 | 20,380,000 | 23,188,000 | 12,078,000 | |||||||||||||||||||||||||||||||||||||||||||||
losses on early extinguishment of debt | -3,275,000 | 1,289,000 | 0 | 730,000 | 18,165,000 | 0 | 0 | 0 | 187,453,000 | 23,684,000 | 98,266,000 | 23,573,000 | 42,767,000 | 40,000 | 13,585,000 | 385,000 | 2,116,000 | 1,955,000 | 1,052,000 | 1,939,000 | 86,076,000 | |||||||||||||||||||||||||||||||||
decrease in other assets | -131,713,000 | -156,649,000 | -41,470,000 | -11,782,000 | -56,194,000 | 100,733,000 | 21,742,000 | |||||||||||||||||||||||||||||||||||||||||||||||
duke transaction, net of cash acquired | -4,898,000 | -5,979,000 | -18,304,000 | -3,828,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from repayment of notes receivable backed by real estate | 0 | 0 | 0 | 4,312,000 | 0 | 0 | 0 | 34,260,000 | 0 | 0 | 17,006,000 | 15,094,000 | 197,500,000 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, end of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on early extinguishment of debt | 0 | 0 | -536,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net payments on credit facilities and commercial paper | 138,017,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in accounts payable and accrued expenses and other liabilities | -133,323,000 | -62,118,000 | -7,002,000 | -103,806,000 | -27,784,000 | -18,795,000 | -44,929,000 | -44,364,000 | 9,633,000 | -67,748,000 | -118,014,000 | -113,338,000 | 19,367,000 | -60,530,000 | -85,227,000 | -40,991,000 | ||||||||||||||||||||||||||||||||||||||
net proceeds from (payments on) credit facilities | 53,964,000 | 761,060,000 | -410,151,000 | 233,807,000 | -67,097,000 | 83,539,000 | -24,565,000 | 12,138,000 | -33,745,000 | 368,811,000 | 66,639,000 | |||||||||||||||||||||||||||||||||||||||||||
increase in operating receivables from unconsolidated entities | 15,852,000 | 526,984,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accounts receivable and other assets | -104,853,000 | 33,470,000 | 14,044,000 | -28,673,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
real estate and other development | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock | 0 | 0 | 34,000 | 709,000 | 348,000 | 18,000 | 1,001,000 | 850,000 | 183,000 | 1,527,000 | 1,890,000 | 2,482,000 | 1,738,000 | 831,000 | 3,089,000 | 1,233,000 | 2,174,000 | 5,310,000 | 23,475,000 | 1,899,000 | 1,192,000 | 1,294,000 | 82,068,000 | 363,162,000 | 3,584,000 | 4,036,000 | 7,465,000 | 3,397,000 | 52,000 | 1,497,140,000 | 5,202,000 | |||||||||||||||||||||||
unrealized foreign currency and derivative gains | -84,680,000 | -121,692,000 | -33,273,000 | -1,656,000 | -81,726,000 | 66,822,000 | -109,726,000 | -47,537,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net payments on credit facilities | -1,337,857,000 | -492,552,000 | 100,030,000 | -54,956,000 | -115,274,000 | -125,166,000 | -183,221,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
liberty transaction, net of cash acquired | -4,886,000 | -1,087,000 | -804,000 | -22,659,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
ipt transaction, net of cash acquired | 0 | 165,000 | -969,000 | -1,664,555,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase and retirement of common stock | 0 | 0 | 0 | -34,829,000 | -87,696,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of preferred stock | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | -280,984,000 | -158,679,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in accounts receivable and other assets | 4,320,000 | -41,519,000 | -33,051,000 | -2,705,000 | -38,892,000 | 11,455,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
decrease in accounts receivable and other assets | -7,843,000 | 107,702,000 | -63,015,000 | 68,398,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from dispositions and contributions of real estate properties | 1,101,967,000 | 727,609,000 | 597,307,000 | 426,725,000 | 534,021,000 | 723,887,000 | 562,327,000 | 496,998,000 | 676,802,000 | 595,496,000 | 1,002,854,000 | 405,726,000 | 322,379,000 | 579,429,000 | 882,056,000 | 1,518,440,000 | 293,915,000 | 542,192,000 | 603,387,000 | 601,003,000 | 325,830,000 | 630,934,000 | 785,181,000 | 788,142,000 | 81,231,000 | 1,496,075,000 | 293,596,000 | 369,383,000 | 3,250,691,000 | |||||||||||||||||||||||||
increase in accounts receivable, lease right-of-use assets and other assets | -94,430,000 | -14,109,000 | 1,730,000 | -13,470,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accounts payable and accrued expenses, lease liabilities and other liabilities | 43,885,000 | 33,376,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
dct transaction, net of cash acquired | 398,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
tax paid for shares withheld | -22,736,000 | -501,000 | -74,000 | -765,000 | -21,094,000 | 186,000 | 0 | -215,000 | -26,479,000 | -149,000 | -732,000 | 285,000 | -19,179,000 | |||||||||||||||||||||||||||||||||||||||||
decrease in accounts receivable, lease right-of-use assets and other assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in accounts payable and accrued expenses, lease liabilities and other liabilities | 106,496,000 | -123,468,000 | 9,871,000 | -54,164,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in accounts receivable, lease right-of-use assets and other assets | 105,648,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of a controlling interest in unconsolidated entities, net of cash received | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on real estate transactions | -123,314,000 | -224,195,000 | -188,208,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of debt discounts, net and debt issuance costs | 4,257,000 | 4,162,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
debt issuance costs paid | -220,000 | -14,692,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of debt discounts (premiums), net and debt issuance costs | 4,120,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on dispositions of investments in real estate and revaluation of equity investments upon acquisition of a controlling interest | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax benefit | -4,808,000 | -2,646,000 | -33,658,000 | -13,244,000 | 1,168,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of a controlling interest in an unconsolidated venture, net of cash received | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of debt | 2,240,234,000 | 1,193,626,000 | 528,167,000 | 125,756,000 | 160,000,000 | 1,648,545,000 | 485,496,000 | 299,497,000 | 2,851,688,000 | 347,850,000 | 538,921,000 | 2,320,505,000 | 1,165,359,000 | 1,309,058,000 | 11,865,000 | 355,452,000 | 1,022,667,000 | 367,000 | ||||||||||||||||||||||||||||||||||||
amortization of debt discounts (premiums), net of debt issuance costs | 2,957,000 | 3,014,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on dispositions of investments in real estate | -94,261,000 | -195,111,000 | -779,053,000 | -83,006,000 | -97,325,000 | -144,317,000 | -108,782,000 | -277,715,000 | ||||||||||||||||||||||||||||||||||||||||||||||
repurchase and payments of debt | -555,819,000 | -696,011,000 | -850,691,000 | -725,679,000 | -1,800,719,000 | -201,800,000 | -809,309,000 | -595,469,000 | -313,005,000 | -750,135,000 | -2,270,509,000 | -710,400,000 | ||||||||||||||||||||||||||||||||||||||||||
distributions from unconsolidated entities | 75,779,000 | 90,185,000 | 63,909,000 | 77,347,000 | 69,750,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
ktr transaction, net of cash received | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
nondevelopment capital expenditures | -41,937,000 | -31,445,000 | -26,402,000 | -10,851,000 | -10,721,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
purchase of noncontrolling interests | -23,831,000 | -390,000 | 177,000 | -789,803,000 | -2,128,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
net increase in operating receivables from unconsolidated entities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of debt premiums, net of debt issuance costs | 2,860,000 | -1,540,000 | -2,905,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net changes in operating receivables from unconsolidated entities | -121,555,000 | 3,880,000 | 30,599,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of debt premiums, net of deferred financing costs | -5,391,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
ktr acquisition, net of cash received | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized foreign currency and derivative losses (gains) and related amortization | 15,079,000 | 28,354,000 | -32,860,000 | -19,425,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
real estate development activity | -343,955,000 | -334,558,000 | -335,959,000 | -274,740,000 | -323,485,000 | -208,688,000 | -244,268,000 | -303,556,000 | -227,909,000 | -152,096,000 | -161,673,000 | -200,816,000 | -213,045,000 | |||||||||||||||||||||||||||||||||||||||||
net proceeds from credit facilities | 302,983,000 | -607,496,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-lined rents | -13,803,000 | -10,685,000 | -9,839,000 | -8,986,000 | -10,938,000 | -13,066,000 | -9,436,000 | -10,220,000 | -10,544,000 | -16,661,000 | -15,249,000 | -11,836,000 | -16,561,000 | -18,644,000 | -16,111,000 | -19,905,000 | ||||||||||||||||||||||||||||||||||||||
distributions and net changes in operating receivables from unconsolidated entities | 26,846,000 | 24,716,000 | 31,733,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of debt and lease intangibles | -4,691,000 | -566,000 | 1,427,000 | 8,040,000 | 6,320,000 | 5,326,000 | 3,557,000 | 2,184,000 | 1,907,000 | 2,492,000 | 3,648,000 | 4,216,000 | 5,462,000 | 7,682,000 | 7,664,000 | |||||||||||||||||||||||||||||||||||||||
non-development capital expenditures | -14,487,000 | -11,602,000 | -30,695,000 | -28,249,000 | -12,090,000 | -7,576,000 | -26,232,000 | -26,269,000 | -17,097,000 | -13,012,000 | -32,174,000 | -23,523,000 | -12,888,000 | -12,027,000 | -18,277,000 | -23,560,000 | ||||||||||||||||||||||||||||||||||||||
proceeds from repayment of note receivable | 0 | 9,866,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interest contributions | 1,264,000 | 2,519,000 | 12,170,000 | 452,327,000 | 34,970,000 | 33,568,000 | 68,584,000 | 8,400,000 | 29,039,000 | 4,861,000 | 24,086,000 | 12,834,000 | ||||||||||||||||||||||||||||||||||||||||||
noncontrolling interest distributions | -16,040,000 | -22,028,000 | -46,026,000 | -9,241,000 | -258,988,000 | -1,171,000 | -61,702,000 | -45,473,000 | -1,468,000 | -7,356,000 | -21,529,000 | -15,819,000 | -714,000 | -6,008,000 | -6,248,000 | -10,960,000 | ||||||||||||||||||||||||||||||||||||||
purchase of noncontrolling interest | 0 | -2,937,000 | -4,757,000 | -4,400,000 | -10,141,000 | -8,968,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
non-cash merger, acquisition and other integration expenses | 3,073,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of real estate properties and other assets | 239,951,000 | 9,778,000 | 0 | 19,320,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||
unrealized foreign currency and derivative losses and related amortization | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of a controlling interest in unconsolidated co-investment ventures, net of cash received | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of preferred stock | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase and payment of debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock-based compensation awards | 14,056,000 | 13,748,000 | 15,238,000 | 14,986,000 | 12,263,000 | 12,235,000 | 9,755,000 | 8,084,000 | 2,785,000 | |||||||||||||||||||||||||||||||||||||||||||||
gains on acquisitions and dispositions of investment in real estate | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in restricted cash, accounts receivable and other assets | 24,814,000 | -82,876,000 | -58,141,000 | -45,433,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of unconsolidated co-investment ventures, net of cash received | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions and changes in operating receivables from unconsolidated entities | -15,633,000 | 26,025,000 | 4,625,000 | 19,922,000 | 26,375,000 | 24,937,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
gains on acquisitions and dispositions of investments in real estate | -169,583,000 | -17,055,000 | -151,702,000 | -46,074,000 | -61,035,000 | -338,845,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in restricted cash, accounts receivable and other assets | 19,585,000 | -54,819,000 | 22,043,000 | 32,936,000 | -3,096,000 | 16,664,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
tenant improvements on previously leased space and lease commissions | -29,794,000 | -33,346,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
payments on credit facilities | -496,045,000 | -51,452,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net gains on dispositions, net of related impairment charges, in discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate acquisitions, net of cash received | -112,253,000 | -65,402,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from repayment of notes receivable backed by real estate and other notes receivable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of co-investment ventures, net of cash received | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in notes receivable backed by real estate and advances on other notes receivable | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
cash acquired in connection with the merger | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of pepr, net of cash received | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid on common stock | -140,631,000 | -140,763,000 | -140,553,000 | -130,223,000 | -131,094,000 | -128,667,000 | -130,980,000 | -129,512,000 | ||||||||||||||||||||||||||||||||||||||||||||||
dividends paid on preferred stock | -2,135,000 | -2,135,000 | -7,109,000 | -10,305,000 | -10,312,000 | -10,305,000 | -10,305,000 | -16,659,000 | -3,952,000 | |||||||||||||||||||||||||||||||||||||||||||||
repurchase and early extinguishment of debt | -1,302,768,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
payments on debt | -723,884,000 | -219,801,000 | -990,202,000 | -92,873,000 | -30,512,000 | 1,300,620,000 | -538,949,000 | -927,869,000 | -37,202,000 | -41,149,000 | ||||||||||||||||||||||||||||||||||||||||||||
net incomees (gains) on dispositions, including related impairment charges, in discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of unconsolidated entities, net of cash received | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gains on dispositions in discontinued operations | -13,467,000 | -5,834,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of naif ii and other unconsolidated entities, net of cash received | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of debt | -238,248,000 | -1,538,665,000 | -339,602,000 | -650,933,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
consolidated net income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gains on dispositions, including related impairment charges, in discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on early extinguishment of debt | 19,033,000 | 0 | 500,000 | -5,419,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from dispositions of real estate properties | 966,779,000 | 119,523,000 | 175,770,000 | 712,964,000 | 831,966,000 | 201,815,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
distributions and changes in operating receivables from our unconsolidated entities | 15,860,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net (gain) loss on dispositions, net of related impairment charges, included in discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains recognized on acquisitions and dispositions of investments in real estate | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from repayment of notes receivable | 0 | -3,245,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of naif ii, net of cash received | 0 | 0 | -317,328,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of common stock | 6,378,000 | 4,473,000 | 18,591,000 | 0 | 552,501,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from credit facilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash merger expenses | 2,804,000 | 2,575,000 | 2,467,000 | 2,934,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net gains on dispositions, net of related impairment charges, included in discontinued operations | -38,369,000 | -11,410,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
gains recognized on property acquisitions and dispositions | -520,000 | -267,771,000 | 2,966,000 | -8,396,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net advances from (investments in and net advances to) unconsolidated entities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash acquired in connection with amb merger | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of prologis european properties (“pepr”), net of cash received | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from (payments on) credit facilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost (settlement) of stock-based compensation awards | 12,223,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings from unconsolidated investees | -13,995,000 | -3,920,000 | -30,975,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating receivables and distributions from unconsolidated investees | 1,302,000 | 22,439,000 | 19,542,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net gains on dispositions, net of taxes, included in discontinued operations | -11,249,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate investments | -179,569,000 | -243,288,000 | -335,593,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net advances from (investments in and net advances to) unconsolidated investees | -31,724,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
return of investment from unconsolidated investees | 34,571,000 | 55,783,000 | 57,119,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
cost of share-based compensation awards | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt consent solicitation expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of goodwill and other assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of real estate properties | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains recognized on disposition of investments in japan property funds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in and net advances to unconsolidated investees | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from dispositions of china operations and japan property funds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions paid on common stock | -129,373,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of stock-based compensation awards | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on early extinguishment of debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in and advances to unconsolidated investees | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to controlling interests | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interest share in earnings | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of management contracts | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of deferred loan costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of debt discount | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of common shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions paid on common shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid on preferred shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of senior and exchangeable senior notes and extinguishment of secured mortgage debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | -123,024,000 | 119,951,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to net income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-line rents and amortization of lease intangibles | -3,392,000 | -6,040,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign exchange losses | 2,291,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
stock-based compensation amortization | 7,304,000 | 11,623,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of unconsolidated joint ventures | -8,987,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
operating distributions received from unconsolidated joint ventures | 2,952,000 | 14,159,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
development profits, net of taxes | -33,286,000 | -48,222,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
debt premiums, discounts and finance cost amortization | 3,092,000 | 4,378,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains from sale of real estate interests, net of taxes | -18,946,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in assets and liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable and other assets | 4,577,000 | -40,884,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and other liabilities | -5,089,000 | -15,326,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in restricted cash | -3,311,000 | -9,205,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for property acquisitions | -148,173,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
additions to land, buildings, development costs, building improvements and lease costs | -142,819,000 | -539,608,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from divestiture of real estate and securities | 173,426,000 | 327,516,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
additions to interests in unconsolidated joint ventures | -5,060,000 | -33,483,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments from affiliates | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from stock option exercises | 3,484,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings on secured debt | 14,010,000 | 209,591,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
payments on secured debt | -8,070,000 | -156,598,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings on other debt | 525,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
payments on other debt | -212,000 | -101,842,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings on unsecured credit facilities | 200,210,000 | 967,750,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
payments on unsecured credit facilities | -698,242,000 | -972,420,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of financing fees | -2,365,000 | -7,596,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
payments on senior debt | -100,000,000 | -175,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
forfeiture of stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
contributions from noncontrolling interests | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid to common and preferred stockholders | -2,475,000 | -108,172,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions to noncontrolling interests, including preferred units | -3,595,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net effect of exchange rate changes on cash | 7,629,000 | 4,395,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 223,936,000 | 220,224,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of period | 263,003,000 | 339,755,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosures of cash flow information | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for interest, net of capitalized interest | 24,798,000 | 70,340,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash transactions: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds receivable for insured real estate loss | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash stock option exercises | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate impairment losses | 165,979,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign exchange (gains) losses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains from sale or contribution of real estate interests | -19,967,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of mortgage and loan receivables | 77,504,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
capital distributions received from unconsolidated joint ventures | 1,977,000 | 12,622,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
cash transferred to unconsolidated joint ventures | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments from (loans made to) affiliates | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of equity interests | -10,678,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from issuances of senior debt | 325,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance, redemption or repurchases of preferred stock or units | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of properties | 155,045,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
assumption of secured debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
assumption of other assets and liabilities | -970,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition capital | -5,902,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash paid for property acquisitions | 148,173,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred unit redemption (discount) issuance costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
contribution of properties to unconsolidated joint ventures | 8,879,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
exchange of common stock for preferred units | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock proceeds received from stock option exercises | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of partnership units | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax withholdings related to awards of restricted stock or units | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
contributions from joint venture partners | 2,606,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to net income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of preferred units | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interest contribution, including units issued | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of equity interest of unconsolidated joint ventures | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance costs on preferred stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans made to affiliates | -73,480,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of common stock and units | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in losses of unconsolidated joint ventures | 34,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment losses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign exchange (gains)/losses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
total minority interests’ share of net income | 36,743,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
joint venture partners’ share of net income | 385,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
limited partnership unitholders’ share of net income | 11,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
gains from sale of real estate interests, net of minority interests | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cumulative effect of change in accounting principle | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of mortgage and loans made to affiliates | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from issuances of preferred stock or units | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance costs on preferred stock or units | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
contributions from joint ventures partners | 6,955,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions to minority interests, including preferred units | -43,931,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest contribution, including units issued | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred unit redemption issuance costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
contribution of properties to unconsolidated co-investment ventures | 5,546,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
deconsolidation of amb institutional alliance fund iii, l.p. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains from dispositions of real estate, net of minority interests | -2,202,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
additions to land, buildings, development costs, building improvements, lease costs and securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchange losses | -591,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash transferred to unconsolidated joint venture | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of equity interest of unconsolidated joint venture | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of unconsolidated co-investment ventures | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating distributions received from unconsolidated co-investment ventures | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
co-investment venture partners’ share of net income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from divestiture of real estate | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
additions to interests in unconsolidated co-investment ventures | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
capital distributions received from unconsolidated co-investment ventures | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
contributions from co-investment ventures partners |