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Merger with CPA 15 (Tables)
12 Months Ended
Dec. 31, 2012
REIT Reorganization and Merger  
Schedule of Merger Activity
           
   Initially Reported Measurement As Revised at
   at September 30, 2012 Period Adjustments December 31, 2012
Total Consideration         
 Fair value of W. P. Carey shares of common stock issued $ 1,380,362 $ - $ 1,380,362
 Cash consideration paid   152,356   -   152,356
Merger Consideration   1,532,718   -   1,532,718
 Fair value of our equity interest in CPA®:15 prior to the Merger   107,147   -   107,147
 Fair value of our equity interest in jointly-owned investments with CPA®:15 prior to the Merger   54,822   -   54,822
  $ 1,694,687 $ - $ 1,694,687
Assets Acquired at Fair Value         
 Net investment in properties $ 1,758,372 $ 4,500 $ 1,762,872
 Net investment in direct financing leases   315,789   -   315,789
 Equity investments in real estate   164,886   1,361   166,247
 Intangible assets (Note 8)   694,411   899   695,310
 Cash and cash equivalents   178,945   -   178,945
 Other assets   83,838   (2,088)   81,750
    3,196,241   4,672   3,200,913
Liabilities Assumed at Fair Value         
 Non-recourse debt   (1,350,755)   -   (1,350,755)
 Accounts payable, accrued expenses and other liabilities (including below-market rent intangibles of $102,155)   (187,712)   917   (186,795)
 Prepaid and deferred rental income and security deposits         
    (1,538,467)   917   (1,537,550)
           
Total identifiable net assets   1,657,774   5,589   1,663,363
Amounts attributable to noncontrolling interests   (238,038)   679   (237,359)
Goodwill    274,951   (6,268)   268,683
  $ 1,694,687 $ - $ 1,694,687
           
Pro Forma Financial Information
        
   2012 2011
Pro forma total revenues $ 536,971 $ 551,311
Pro forma income attributable to W. P. Carey stockholders $ 130,129 $ 119,133
       
Pro forma earnings per share: (a)     
 Basic $ 1.89 $ 1.73
 Diluted $ 1.87 $ 1.72
       
Pro forma weighted average shares: (b)     
 Basic   68,382,378   67,990,118
 Diluted   69,071,391   68,268,738