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Related-Party Transactions and Arrangements - (Tables)
 12 Months Ended
Dec. 31, 2013
Related Party Transactions [Abstract]  
Schedule of related party transactions
The Company recorded commissions, fees and expense reimbursements as shown in the table below for services provided by CR IV Advisors or its affiliates related to the services described above during the periods indicated (in thousands):
 
 
Year Ended December 31,
 
2013
 
2012
Offering:
 
 
 
Selling commissions
$
122,082

 
$
20,107

Selling commissions reallowed by CCC
$
122,082

 
$
20,107

Dealer manager fees
$
35,685

 
$
5,944

Dealer manager fees reallowed by CCC
$
20,183

 
$
3,104

Other organization and offering expenses
$
36,179

 
$
5,983

The Company recorded fees and expense reimbursements as shown in the table below for services provided by CR IV Advisors or its affiliates related to the services described above during the periods indicated (in thousands):
 
Year Ended December 31,
 
2013
 
2012
Acquisition and Operations:
 
 
 
Acquisition fees and expenses
$
35,109

 
$
10,342

Advisory fees and expenses
$
10,549

 
$
812

Operating expenses
$
2,905

 
$
138