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Net Investments in Properties (Tables)
 6 Months Ended
Jun. 30, 2014
Real Estate [Abstract]  
Net Investments in Real Estate Properties
Real estate, which consists of land and buildings leased to others, at cost, and which are subject to operating leases, and real estate under construction, is summarized as follows (in thousands):
 
June 30, 2014
 
December 31, 2013
Land
$
1,107,594

 
$
534,697

Buildings
3,375,775

 
1,972,107

Real estate under construction
14,630

 
9,521

Less: Accumulated depreciation
(214,543
)
 
(168,076
)
 
$
4,283,456

 
$
2,348,249

Operating real estate, which consists of our investments in two hotels acquired in the CPA®:16 Merger and two self-storage properties, at cost, is summarized as follows (in thousands): 
 
June 30, 2014
 
December 31, 2013
Land
$
7,027

 
$
1,097

Buildings
77,517

 
4,927

Less: Accumulated depreciation
(2,612
)
 
(882
)
 
$
81,932

 
$
5,142
Disclosure of Long Lived Assets Held-for-sale
Below is a summary of our properties held for sale (in thousands):
 
June 30, 2014
 
December 31, 2013
Real estate, net
$
—

 
$
62,466

Above-market rent intangible assets, net
—

 
13,872

In-place lease intangible assets, net
—

 
12,293

Below-market rent and other intangible liabilities, net
—

 
(1,808
)
Assets held for sale
$
—

 
$
86,823