XML 19 R54.htm IDEA: XBRL DOCUMENT v2.4.1.9
Related-Party Transactions (Details) - Advisor (USD $)
In Thousands, except Share data in Millions, unless otherwise specified
 12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Related Party Transactions [Abstract]      
Offering costs maximum reimbursement percentage 1.50%cik0001476204_MaxofOfferingProceedsPayabletoAdvisorandSubAdvisorforOO    
Total organization and offering costs charged $ 27,104cik0001476204_OrganizationAndOfferingCostsChargedByAdvisorAndSubAdvisor [1] $ 26,252cik0001476204_OrganizationAndOfferingCostsChargedByAdvisorAndSubAdvisor [1]  
Total organization and offering costs reimbursed 27,029cik0001476204_OrganizationAndOfferingCostsReimbursedToAdvisorAndSubAdvisor 25,873cik0001476204_OrganizationAndOfferingCostsReimbursedToAdvisorAndSubAdvisor  
Total unpaid organization and offering costs 75cik0001476204_OrganizationAndOfferingCostsPayableToAdvisorAndSubAdvisor [1] 379cik0001476204_OrganizationAndOfferingCostsPayableToAdvisorAndSubAdvisor [1]  
Acquisition fee percentage 1.00%cik0001476204_AcquisitionFeePercentage    
Class B units issuance due date 60 days    
Class B units of operating partnership issued 1.8cik0001476204_ClassBUnitsIssued    
Operating partnership return for class B to vest 6.00%cik0001476204_OperatingPartnershipReturnForClassBToVest    
Financing fee percentage 0.75%cik0001476204_FinancingFeePercentage    
Disposition fee percentage 2.00%cik0001476204_DispositionFeePercentage    
General and administrative expenses payable to related parties 26cik0001476204_GeneralAndAdministrativeExpensesPayableToRelatedParties 85cik0001476204_GeneralAndAdministrativeExpensesPayableToRelatedParties  
Acquisition fees 9,011cik0001476204_AcquisitionFeesIncurred 10,095cik0001476204_AcquisitionFeesIncurred 1,705cik0001476204_AcquisitionFeesIncurred
Acquisition expenses 1,074cik0001476204_RelatedPartyTransactionAcquisitionExpenseIncurred 0cik0001476204_RelatedPartyTransactionAcquisitionExpenseIncurred 0cik0001476204_RelatedPartyTransactionAcquisitionExpenseIncurred
Asset management fees 27,853cik0001476204_AssetManagementFeesIncurred [2] 999cik0001476204_AssetManagementFeesIncurred [2] 697cik0001476204_AssetManagementFeesIncurred [2]
Class B unit distributions 965cik0001476204_ClassBDistributions [3] 154cik0001476204_ClassBDistributions [3] 0cik0001476204_ClassBDistributions [3]
Financing fees 4,001cik0001476204_FinancingFeesIncurred 5,581cik0001476204_FinancingFeesIncurred 816cik0001476204_FinancingFeesIncurred
Disposition fees 129cik0001476204_DispositionFeesIncurred 0cik0001476204_DispositionFeesIncurred 0cik0001476204_DispositionFeesIncurred
Acquisition fees, unpaid amount 0cik0001476204_AcquisitionFeesPayable 0cik0001476204_AcquisitionFeesPayable  
Acquisition expenses, unpaid amount 0cik0001476204_RelatedPartyTransactionAcquisitionExpensePayable 0cik0001476204_RelatedPartyTransactionAcquisitionExpensePayable  
Asset management fees, unpaid amount 0cik0001476204_AssetManagementFeesPayable [2] 0cik0001476204_AssetManagementFeesPayable [2]  
Class B distributions, unpaid amount 135cik0001476204_ClassBDistributionsPayable [3] 30cik0001476204_ClassBDistributionsPayable [3]  
Financing fees, unpaid amount 0cik0001476204_FinancingFeesPayable 0cik0001476204_FinancingFeesPayable  
Disposition fees, unpaid amount $ 0cik0001476204_DispositionFeesPayable $ 0cik0001476204_DispositionFeesPayable  
Subordinated participation in net sales proceeds percentage 15.00%cik0001476204_SubordinatedParticipationInNetSalesProceedsPercentage    
Investor return before subordinated participation in net sales proceeds 7.00%cik0001476204_InvestorReturnBeforeSubordinatedParticipationInNetSalesProceeds    
ARC's interest in special limited partner 15.00%cik0001476204_AdvisorInterestInSpecialLimitedPartner    
PE-NTR's interest in special limited partner 85.00%cik0001476204_SubAdvisorInterestInSpecialLimitedPartner    
Subordinated incentive listing fee percentage 15.00%cik0001476204_SubordinatedIncentiveListingFeePercentage    
Investor return before subordinated listing incentive fee 7.00%cik0001476204_InvestorReturnBeforeSubordinatedListingIncentiveFee    
Subordinated distribution upon termination of advisor agreement percentage 15.00%cik0001476204_SubordinatedDistributionUponTerminationOfAdvisorAgreementPercentage    
Investor return before subordinated distribution upon termination of advisor agreement 7.00%cik0001476204_InvestorReturnBeforeSubordinatedDistributionUponTerminationOfAdvisorAgreement    
[1] Certain of these cumulative organization and offering costs were charged to us by our former advisor. The net payable of $75 is due to our former advisor as of December 31, 2014.
[2] For the year ended December 31, 2014, these fees were related to the vesting of 2.8 million Class B units issued by the Operating Partnership in connection with asset management services provided by PE-NTR and ARC. For the years ended December 31, 2013 and 2012, these fees were paid by a group of institutional investors advised by CBRE Global Multi-Manager (the “CBRE Investors”) pursuant to the advisory agreement between our joint venture with the CBRE Investors and ARC.
[3] Represents the distributions paid to ARC and PE-NTR as holders of Class B units of the Operating Partnership.