XML 98 R90.htm IDEA: XBRL DOCUMENT v2.4.1.9
Mortgage Note Payable (Schedule of Mortgage Notes Payable) (Detail) (USD $)
12 Months Ended
Dec. 31, 2013
Property
Dec. 31, 2012
Property
Mortgage Loans on Real Estate [Line Items]    
Outstanding Loan Amount $ 1,301,114,000us-gaap_SecuredDebt [1] $ 265,118,000us-gaap_SecuredDebt [1]
Mortgages [Member]    
Mortgage Loans on Real Estate [Line Items]    
Encumbered Properties 177arcp_NumberOfRealEstatePropertiesEncumbered
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
164arcp_NumberOfRealEstatePropertiesEncumbered
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
Outstanding Loan Amount 1,258,661,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
265,118,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
Weighted Average Effective Interest Rate 3.42%us-gaap_DebtWeightedAverageInterestRate
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
[2] 4.28%us-gaap_DebtWeightedAverageInterestRate
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
[2]
Weighted-Average Maturity 3 years 4 months 28 days [3] 5 years 6 months 4 days [3]
Mortgages [Member] | Minimum [Member]    
Mortgage Loans on Real Estate [Line Items]    
Effective interest rate 1.83%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
3.32%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
Mortgages [Member] | Maximum [Member]    
Mortgage Loans on Real Estate [Line Items]    
Effective interest rate 6.28%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
6.13%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
CapLease [Member]    
Mortgage Loans on Real Estate [Line Items]    
Mortgages assumed 45,200,000arcp_MortgagesAssumedInRealEstateAcquisitions
/ us-gaap_LongtermDebtTypeAxis
= arcp_CapLeaseMember
 
Unamortized discount $ 42,500,000us-gaap_DebtInstrumentUnamortizedDiscountPremiumNet
/ us-gaap_LongtermDebtTypeAxis
= arcp_CapLeaseMember
 
[1] For discussion on the restatement adjustments, see Note 2 - Restatement of Previously Issued Financial Statements.
[2] Mortgage notes payable have fixed rates or are fixed by way of interest rate swap arrangements. Effective interest rates range from 1.83% to 6.28% at December 31, 2013 and 3.32% to 6.13% at December 31, 2012.
[3] Weighted-average remaining years until maturity as of December 31, 2013 and 2012, respectively.