Schedule II - Valuation And Qualifying Accounts

12 Months Ended

Dec. 31, 2014

Valuation and Qualifying Accounts [Abstract]

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

W. P. CAREY INC.

SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS

Years Ended December 31, 2014, 2013, and 2012

(in thousands)

Description	Balance at Beginning of Year		Other Additions(a) (b)		Deductions		Balance at End of Year
Year Ended December 31, 2014
Valuation reserve for deferred tax assets	$	18,214	$	2,458	$	—	$	20,672
Year Ended December 31, 2013
Valuation reserve for deferred tax assets	$	15,133	$	3,081	$	—	$	18,214
Year Ended December 31, 2012
Valuation reserve for deferred tax assets	$	—	$	15,133	$	—	$	15,133

__________

(a) The amount for the year ended December 31, 2013 includes the amount recorded in connection with the out-of-period adjustment related to deferred foreign income taxes (Note 2).

(b) Amount for the year ended December 31, 2012 represents the amount acquired in the CPA^®:15 Merger related to net operating loss carryforwards. During 2013, we corrected an error in this schedule that increased the valuation reserve for deferred tax assets for the year ended December 31, 2012 from $11.9 million to $15.1 million.