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Segment Reporting (Tables)
 12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Reconciliation of Operating Profit (Loss) from Segments to Consolidated
The following tables present the geographic information (in thousands):
 
Years Ended December 31,
 
2015
 
2014
 
2013
Domestic
 
 
 
 
 
Revenues
$
468,703

 
$
426,578

 
$
218,758

Operating expenses
(296,265
)
 
(284,362
)
 
(126,493
)
Interest expense
(153,219
)
 
(117,603
)
 
(65,970
)
Other income and expenses, excluding interest expense
50,891

 
146,156

 
88,593

(Provision for) benefit from income taxes
(6,219
)
 
(3,238
)
 
13

Gain (loss) on sale of real estate, net of tax
2,941

 
(5,119
)
 
(332
)
Net income attributable to noncontrolling interests
(5,358
)
 
(4,233
)
 
(34,321
)
Net (loss) income attributable to noncontrolling interests in discontinued operations
—

 
(179
)
 
23,941

Income from continuing operations attributable to W. P. Carey
$
61,474

 
$
158,000

 
$
104,189

Germany
 
 
 
 
 
Revenues
$
65,777

 
$
72,978

 
$
20,221

Operating benefits (expenses) (a)
818

 
(40,847
)
 
(3,011
)
Interest expense
(15,432
)
 
(18,880
)
 
(5,020
)
Other income and expenses, excluding interest expense
4,175

 
(10,698
)
 
(29,284
)
(Provision for) benefit from income taxes
(4,357
)
 
3,163

 
(1,693
)
Gain on sale of real estate, net of tax
21

 
—

 
—

Net income attributable to noncontrolling interests
(5,537
)
 
(1,017
)
 
(3,188
)
Income (loss) from continuing operations attributable to W. P. Carey
$
45,465

 
$
4,699

 
$
(21,975
)
Other International
 
 
 
 
 
Revenues
$
200,968

 
$
145,827

 
$
76,986

Operating expenses
(131,367
)
 
(79,465
)
 
(49,458
)
Interest expense
(25,675
)
 
(41,639
)
 
(32,738
)
Other income and expenses, excluding interest expense
(142
)
 
100

 
1,842

(Provision for) benefit from income taxes
(7,372
)
 
991

 
(3,023
)
Gain on sale of real estate, net of tax
3,525

 
6,700

 
—

Net (income) loss attributable to noncontrolling interests
(66
)
 
(323
)
 
4,453

Income (loss) from continuing operations attributable to W. P. Carey
$
39,871

 
$
32,191

 
$
(1,938
)
Total
 
 
 
 
 
Revenues
$
735,448


$
645,383


$
315,965

Operating expenses
(426,814
)

(404,674
)

(178,962
)
Interest expense
(194,326
)

(178,122
)

(103,728
)
Other income and expenses, excluding interest expense
54,924


135,558


61,151

(Provision for) benefit from income taxes
(17,948
)

916


(4,703
)
Gain (loss) on sale of real estate, net of tax
6,487

 
1,581

 
(332
)
Net income attributable to noncontrolling interests
(10,961
)
 
(5,573
)
 
(33,056
)
Net (loss) income attributable to noncontrolling interests in discontinued operations
—

 
(179
)
 
23,941

Income from continuing operations attributable to W. P. Carey
$
146,810


$
194,890

 
$
80,276

(a)
Included in revenues and operating expenses are reimbursable tenant and affiliate costs totaling $78.7 million, $155.1 million, and $86.9 million for the years ended December 31, 2015, 2014, and 2013, respectively.
(b)
Amount for the year ended December 31, 2015 includes a reversal of $25.0 million of liabilities for German real estate transfer taxes (Note 7), which is reflected in Merger, property acquisition, and other expenses in the consolidated financial statements. Amount for the years ended December 31, 2014 and 2013 includes expenses incurred of $30.5 million and $5.0 million, respectively, related to the CPA®:16 Merger.
(c)
Includes Stock-based compensation expense of $21.6 million, $31.1 million, and $37.2 million for the years ended December 31, 2015, 2014, and 2013, respectively, of which $13.8 million, $18.4 million, and $30.0 million, respectively, were included in the Investment Management segment.
(d)
Includes expenses related to our review of strategic alternatives of $5.7 million for the year ended December 31, 2015, of which $2.1 million was included in the Investment Management segment.
(e)
Amount for the year ended December 31, 2014 includes a net Gain on change in control of interests of $105.9 million recognized in connection with the CPA®:16 Merger (Note 3).
The following tables present a summary of comparative results and assets for these business segments (in thousands):
 
Years Ended December 31,
 
2015
 
2014
 
2013
Real Estate Ownership
 
 
 
 
 
Revenues (a)
$
735,448

 
$
645,383

 
$
315,965

Operating expenses (a) (b) (c) (d)
(426,814
)
 
(404,674
)
 
(178,962
)
Interest expense
(194,326
)
 
(178,122
)
 
(103,728
)
Other income and expenses, excluding interest expense (e)
54,924

 
135,558

 
61,151

(Provision for) benefit from income taxes
(17,948
)
 
916

 
(4,703
)
Gain (loss) on sale of real estate, net of tax
6,487

 
1,581

 
(332
)
Net income attributable to noncontrolling interests
(10,961
)
 
(5,573
)
 
(33,056
)
Net (loss) income attributable to noncontrolling interests of discontinued operations
—

 
(179
)
 
23,941

Income from continuing operations attributable to W. P. Carey
$
146,810

 
$
194,890

 
$
80,276

Investment Management
 
 
 
 
 
Revenues (a)
$
202,935

 
$
263,063

 
$
173,886

Operating expenses (a) (c) (d)
(154,015
)
 
(232,704
)
 
(173,744
)
Other income and expenses, excluding interest expense
(1,791
)
 
275

 
1,001

(Provision for) benefit from income taxes
(19,673
)
 
(18,525
)
 
3,451

Net (income) loss attributable to noncontrolling interests
(2,008
)
 
(812
)
 
120

Net loss (income) attributable to redeemable noncontrolling interests
—

 
142

 
(353
)
Income from continuing operations attributable to W. P. Carey
$
25,448

 
$
11,439

 
$
4,361

Total Company
 
 
 
 
 
Revenues (a)
$
938,383

 
$
908,446

 
$
489,851

Operating expenses (a) (b) (c) (d)
(580,829
)
 
(637,378
)
 
(352,706
)
Interest expense
(194,326
)
 
(178,122
)
 
(103,728
)
Other income and expenses, excluding interest expense (e)
53,133

 
135,833

 
62,152

Provision for income taxes
(37,621
)
 
(17,609
)
 
(1,252
)
Gain (loss) on sale of real estate, net of tax
6,487

 
1,581

 
(332
)
Net income attributable to noncontrolling interests
(12,969
)
 
(6,385
)
 
(32,936
)
Net (loss) income attributable to noncontrolling interests of discontinued operations
—

 
(179
)
 
23,941

Net loss (income) attributable to redeemable noncontrolling interests
—

 
142

 
(353
)
Income from continuing operations attributable to W. P. Carey
$
172,258

 
$
206,329

 
$
84,637
Reconciliation Of Assets From Segment To Consolidated
 
December 31,
 
2015
 
2014
Domestic
 
 
 
Long-lived assets (b)
$
3,794,232

 
$
3,804,430

Total assets
5,447,818

 
5,567,383

Germany
 
 
 
Long-lived assets (b)
$
581,283

 
$
609,739

Total assets
790,890

 
875,840

Other International
 
 
 
Long-lived assets (b)
$
1,704,288

 
$
1,466,789

Total assets
2,311,420

 
2,016,183

Total
 
 
 
Long-lived assets (b)
$
6,079,803

 
$
5,880,958

Total assets
8,550,128

 
8,459,406

__________
(a)
Amount for the year ended December 31, 2015 includes a reversal of $25.0 million of liabilities for German real estate transfer taxes (Note 7).
(b)
Consists of Net investments in real estate and Equity investments in the Managed Programs and real estate, excluding our equity investment in CCIF (Note 7).
 
Total Long-Lived Assets (f) 
at December 31,
 
Total Assets at December 31,
 
2015
 
2014
 
2015
 
2014
Real Estate Ownership
$
6,079,803

 
$
5,880,958

 
$
8,550,128

 
$
8,459,406

Investment Management
22,214

 
25,000

 
204,545

 
189,073

Total Company
$
6,102,017

 
$
5,905,958

 
$
8,754,673

 
$
8,648,479

(f)
Consists of Net investments in real estate and Equity investments in the Managed Programs and real estate. Total long-lived assets for our Investment Management segment consists of our equity investment in CCIF (Note 7).