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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues:    
Rental income $ 244,415us-gaap_OperatingLeasesIncomeStatementLeaseRevenue [1] $ 40,987us-gaap_OperatingLeasesIncomeStatementLeaseRevenue [1]
Direct financing lease income 1,006us-gaap_CapitalLeasesIncomeStatementDirectFinancingLeaseRevenue [1] 0us-gaap_CapitalLeasesIncomeStatementDirectFinancingLeaseRevenue [1]
Operating expense reimbursements 21,476us-gaap_TenantReimbursements [1] 1,910us-gaap_TenantReimbursements [1]
Cole Capital revenue 54,257arcp_RevenuesPrivateCapitalManagement [1] 0arcp_RevenuesPrivateCapitalManagement [1]
Total revenues 321,154us-gaap_Revenues [1] 42,897us-gaap_Revenues [1]
Operating expenses:    
Cole Capital reallowed fees and commissions 34,436arcp_ReallowedFeesandCommissionsExpense [1] 0arcp_ReallowedFeesandCommissionsExpense [1]
Acquisition related (including $1,539 and $6,936 to affiliates, respectively) 13,417us-gaap_CostsOfRealEstateServicesAndLandSales [1] 10,327us-gaap_CostsOfRealEstateServicesAndLandSales [1]
Merger and other non-routine transactions (including $137,738 and $106,680, respectively, to affiliates) 160,298us-gaap_BusinessCombinationAcquisitionRelatedCosts [1],[2] 123,568us-gaap_BusinessCombinationAcquisitionRelatedCosts [1],[2]
Property operating 29,755us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment [1] 2,549us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment [1]
Management fees to affiliates 13,888us-gaap_AffiliateCosts [1],[3] 12,493us-gaap_AffiliateCosts [1],[3]
General and administrative (including $15,592 and $5,209, respectively, to affiliates) 56,492us-gaap_GeneralAndAdministrativeExpense [1] 7,772us-gaap_GeneralAndAdministrativeExpense [1]
Depreciation and amortization 173,842us-gaap_DepreciationAndAmortization [1] 26,753us-gaap_DepreciationAndAmortization [1]
Total operating expenses 482,128us-gaap_OperatingExpenses [1] 183,462us-gaap_OperatingExpenses [1]
Operating loss (160,974)us-gaap_OperatingIncomeLoss [1] (140,565)us-gaap_OperatingIncomeLoss [1]
Other (expense) income:    
Interest expense, net (120,951)us-gaap_InterestExpense [1] (6,801)us-gaap_InterestExpense [1]
Extinguishment of debt, net (9,399)us-gaap_GainsLossesOnExtinguishmentOfDebt [1],[4] 0us-gaap_GainsLossesOnExtinguishmentOfDebt [1],[4]
Other income, net 10,210arcp_OtherIncomeNet [1] 999arcp_OtherIncomeNet [1]
Loss on derivative instruments, net (7,121)us-gaap_InvestmentIncomeNet [1] (5)us-gaap_InvestmentIncomeNet [1]
Loss on disposition of properties, net (17,605)us-gaap_GainLossOnSaleOfPropertyPlantEquipment [1],[5] 0us-gaap_GainLossOnSaleOfPropertyPlantEquipment [1],[5]
Gain on sale of investments 0us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet [1] 451us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet [1]
Total other expenses, net (144,866)us-gaap_OtherNonoperatingIncomeExpense [1] (5,356)us-gaap_OtherNonoperatingIncomeExpense [1]
Loss from continuing operations (305,840)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest [1] (145,921)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest [1]
Discontinued operations:    
Loss from operations of held for sale properties 0us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss [1] (16)us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss [1]
Net loss from discontinued operations 0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax [1] (16)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax [1]
Net loss (305,840)us-gaap_ProfitLoss [1] (145,937)us-gaap_ProfitLoss [1]
Net loss attributable to non-controlling interest 14,396us-gaap_NetIncomeLossAttributableToNoncontrollingInterest [1] 2,057us-gaap_NetIncomeLossAttributableToNoncontrollingInterest [1]
Net loss attributable to the Company $ (291,444)us-gaap_NetIncomeLoss [1] $ (143,880)us-gaap_NetIncomeLoss [1]
Basic and diluted net loss per share attributable to common stockholders $ (0.58)us-gaap_EarningsPerShareBasicAndDiluted [1] $ (0.86)us-gaap_EarningsPerShareBasicAndDiluted [1]
[1] For discussion on the restatement adjustments, see Note 2 - Restatement of Previously Issued Financial Statements.
[2] This line item caption has been updated to merger and other non-routine transactions in the accompanying consolidated statements of operations.
[3] This line item caption has been updated to management fees to affiliates in the accompanying consolidated statements of operations.
[4] This line item caption has been added and is included in the accompanying consolidated statements of operations for the period ended March 31, 2014.
[5] This line item caption has been updated to loss on disposition of properties, net in the accompanying consolidated statements of operations.