XML 47 R56.htm IDEA: XBRL DOCUMENT v2.4.1.9
Restated Consolidated Statements of Operations (Detail) (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 13,417us-gaap_CostsOfRealEstateServicesAndLandSales [1] 10,327us-gaap_CostsOfRealEstateServicesAndLandSales [1]
Merger and other transaction related 160,298us-gaap_BusinessCombinationAcquisitionRelatedCosts [1],[2] 123,568us-gaap_BusinessCombinationAcquisitionRelatedCosts [1],[2]
Property operating 29,755us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment [1] 2,549us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment [1]
Operating fees to affiliate 13,888us-gaap_AffiliateCosts [1],[3] 12,493us-gaap_AffiliateCosts [1],[3]
General and administrative 56,492us-gaap_GeneralAndAdministrativeExpense [1] 7,772us-gaap_GeneralAndAdministrativeExpense [1]
Equity-based compensation 0us-gaap_ShareBasedCompensation [4] 0us-gaap_ShareBasedCompensation [4]
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],[5] 0us-gaap_GainsLossesOnExtinguishmentOfDebt [1],[5]
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]
Gain on disposition of properties, net (17,605)us-gaap_GainLossOnSaleOfPropertyPlantEquipment [1],[6] 0us-gaap_GainLossOnSaleOfPropertyPlantEquipment [1],[6]
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]
Net 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]
Gain on held for sale properties 0arcp_GainLossonHeldForSaleProperties 0arcp_GainLossonHeldForSaleProperties
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]
As Previously Reported [Member]    
Revenues:    
Rental income 244,445us-gaap_OperatingLeasesIncomeStatementLeaseRevenue
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
40,987us-gaap_OperatingLeasesIncomeStatementLeaseRevenue
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Direct financing lease income 1,006us-gaap_CapitalLeasesIncomeStatementDirectFinancingLeaseRevenue
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
0us-gaap_CapitalLeasesIncomeStatementDirectFinancingLeaseRevenue
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Operating expense reimbursements 21,096us-gaap_TenantReimbursements
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
1,910us-gaap_TenantReimbursements
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Cole Capital revenue 54,067arcp_RevenuesPrivateCapitalManagement
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
0arcp_RevenuesPrivateCapitalManagement
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Total revenues 320,614us-gaap_Revenues
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
42,897us-gaap_Revenues
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Operating expenses:    
Cole Capital reallowed fees and commissions 34,436arcp_ReallowedFeesandCommissionsExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
0arcp_ReallowedFeesandCommissionsExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Acquisition related 11,884us-gaap_CostsOfRealEstateServicesAndLandSales
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
10,327us-gaap_CostsOfRealEstateServicesAndLandSales
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Merger and other transaction related 222,192us-gaap_BusinessCombinationAcquisitionRelatedCosts
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[2] 137,769us-gaap_BusinessCombinationAcquisitionRelatedCosts
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[2]
Property operating 29,627us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
2,549us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Operating fees to affiliate 0us-gaap_AffiliateCosts
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[3] 0us-gaap_AffiliateCosts
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[3]
General and administrative 26,839us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
1,454us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Equity-based compensation 22,510us-gaap_ShareBasedCompensation
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4] 881us-gaap_ShareBasedCompensation
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]
Depreciation and amortization 165,363us-gaap_DepreciationAndAmortization
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
26,753us-gaap_DepreciationAndAmortization
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Total operating expenses 512,851us-gaap_OperatingExpenses
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
179,733us-gaap_OperatingExpenses
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Operating loss (192,237)us-gaap_OperatingIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
(136,836)us-gaap_OperatingIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Other (expense) income:    
Interest expense, net (116,712)us-gaap_InterestExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
(6,056)us-gaap_InterestExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Extinguishment of debt, net 0us-gaap_GainsLossesOnExtinguishmentOfDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[5] 0us-gaap_GainsLossesOnExtinguishmentOfDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[5]
Other income, net 5,512arcp_OtherIncomeNet
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
853arcp_OtherIncomeNet
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Loss on derivative instruments, net (20,197)us-gaap_InvestmentIncomeNet
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
(5)us-gaap_InvestmentIncomeNet
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Gain on disposition of properties, net 2,979us-gaap_GainLossOnSaleOfPropertyPlantEquipment
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[6] 0us-gaap_GainLossOnSaleOfPropertyPlantEquipment
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[6]
Gain on sale of investments 0us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
451us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Total other expenses, net (128,418)us-gaap_OtherNonoperatingIncomeExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
(4,757)us-gaap_OtherNonoperatingIncomeExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Net loss from continuing operations (320,655)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
(141,593)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Discontinued operations:    
Loss from operations of held for sale properties 0us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
(16)us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Gain on held for sale properties 0arcp_GainLossonHeldForSaleProperties
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
14arcp_GainLossonHeldForSaleProperties
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Net loss from discontinued operations 0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
(2)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Net loss (320,655)us-gaap_ProfitLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
(141,595)us-gaap_ProfitLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Net loss attributable to non-controlling interest 11,974us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
432us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Net loss attributable to the Company (308,681)us-gaap_NetIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
(141,163)us-gaap_NetIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Basic and diluted net loss per share attributable to common stockholders $ (0.61)us-gaap_EarningsPerShareBasicAndDiluted
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
$ (0.84)us-gaap_EarningsPerShareBasicAndDiluted
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Reclassifications And Immaterial Adjustments [Member]    
Revenues:    
Rental income 0us-gaap_OperatingLeasesIncomeStatementLeaseRevenue
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
0us-gaap_OperatingLeasesIncomeStatementLeaseRevenue
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
Direct financing lease income 0us-gaap_CapitalLeasesIncomeStatementDirectFinancingLeaseRevenue
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
0us-gaap_CapitalLeasesIncomeStatementDirectFinancingLeaseRevenue
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
Operating expense reimbursements 0us-gaap_TenantReimbursements
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
0us-gaap_TenantReimbursements
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
Cole Capital revenue 190arcp_RevenuesPrivateCapitalManagement
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
0arcp_RevenuesPrivateCapitalManagement
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
Total revenues 190us-gaap_Revenues
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
0us-gaap_Revenues
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
Operating expenses:    
Cole Capital reallowed fees and commissions 0arcp_ReallowedFeesandCommissionsExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
0arcp_ReallowedFeesandCommissionsExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
Acquisition related 0us-gaap_CostsOfRealEstateServicesAndLandSales
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
0us-gaap_CostsOfRealEstateServicesAndLandSales
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
Merger and other transaction related 0us-gaap_BusinessCombinationAcquisitionRelatedCosts
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[2] 0us-gaap_BusinessCombinationAcquisitionRelatedCosts
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[2]
Property operating 31us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
0us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
Operating fees to affiliate 0us-gaap_AffiliateCosts
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[3] 0us-gaap_AffiliateCosts
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[3]
General and administrative (31)us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
0us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
Equity-based compensation 0us-gaap_ShareBasedCompensation
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[4] 0us-gaap_ShareBasedCompensation
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[4]
Depreciation and amortization 0us-gaap_DepreciationAndAmortization
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
0us-gaap_DepreciationAndAmortization
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
Total operating expenses 0us-gaap_OperatingExpenses
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
0us-gaap_OperatingExpenses
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
Operating loss 190us-gaap_OperatingIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
0us-gaap_OperatingIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
Other (expense) income:    
Interest expense, net (3,653)us-gaap_InterestExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
(146)us-gaap_InterestExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
Extinguishment of debt, net 0us-gaap_GainsLossesOnExtinguishmentOfDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5] 0us-gaap_GainsLossesOnExtinguishmentOfDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]
Other income, net 3,463arcp_OtherIncomeNet
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
146arcp_OtherIncomeNet
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
Loss on derivative instruments, net 0us-gaap_InvestmentIncomeNet
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
0us-gaap_InvestmentIncomeNet
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
Gain on disposition of properties, net 0us-gaap_GainLossOnSaleOfPropertyPlantEquipment
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[6] 0us-gaap_GainLossOnSaleOfPropertyPlantEquipment
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[6]
Gain on sale of investments 0us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
0us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
Total other expenses, net (190)us-gaap_OtherNonoperatingIncomeExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
0us-gaap_OtherNonoperatingIncomeExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
Net loss from continuing operations 0us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
0us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
Discontinued operations:    
Loss from operations of held for sale properties 0us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
0us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
Gain on held for sale properties 0arcp_GainLossonHeldForSaleProperties
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
0arcp_GainLossonHeldForSaleProperties
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
Net loss from discontinued operations 0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
Net loss 0us-gaap_ProfitLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
0us-gaap_ProfitLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
Net loss attributable to non-controlling interest 0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
Net loss attributable to the Company 0us-gaap_NetIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
0us-gaap_NetIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
Basic and diluted net loss per share attributable to common stockholders $ 0.00us-gaap_EarningsPerShareBasicAndDiluted
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
$ 0.00us-gaap_EarningsPerShareBasicAndDiluted
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
Error Corrections [Member]    
Revenues:    
Rental income (30)us-gaap_OperatingLeasesIncomeStatementLeaseRevenue
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
0us-gaap_OperatingLeasesIncomeStatementLeaseRevenue
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
Direct financing lease income 0us-gaap_CapitalLeasesIncomeStatementDirectFinancingLeaseRevenue
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
0us-gaap_CapitalLeasesIncomeStatementDirectFinancingLeaseRevenue
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
Operating expense reimbursements 380us-gaap_TenantReimbursements
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
0us-gaap_TenantReimbursements
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
Cole Capital revenue 0arcp_RevenuesPrivateCapitalManagement
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
0arcp_RevenuesPrivateCapitalManagement
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
Total revenues 350us-gaap_Revenues
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
0us-gaap_Revenues
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
Operating expenses:    
Cole Capital reallowed fees and commissions 0arcp_ReallowedFeesandCommissionsExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
0arcp_ReallowedFeesandCommissionsExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
Acquisition related 1,533us-gaap_CostsOfRealEstateServicesAndLandSales
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
0us-gaap_CostsOfRealEstateServicesAndLandSales
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
Merger and other transaction related (61,894)us-gaap_BusinessCombinationAcquisitionRelatedCosts
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
[2] (14,201)us-gaap_BusinessCombinationAcquisitionRelatedCosts
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
[2]
Property operating 97us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
0us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
Operating fees to affiliate 13,888us-gaap_AffiliateCosts
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
[3] 12,493us-gaap_AffiliateCosts
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
[3]
General and administrative 29,684us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
6,318us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
Equity-based compensation (22,510)us-gaap_ShareBasedCompensation
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
[4] (881)us-gaap_ShareBasedCompensation
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
[4]
Depreciation and amortization 8,479us-gaap_DepreciationAndAmortization
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
0us-gaap_DepreciationAndAmortization
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
Total operating expenses (30,723)us-gaap_OperatingExpenses
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
3,729us-gaap_OperatingExpenses
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
Operating loss 31,073us-gaap_OperatingIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
(3,729)us-gaap_OperatingIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
Other (expense) income:    
Interest expense, net (586)us-gaap_InterestExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
(599)us-gaap_InterestExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
Extinguishment of debt, net (9,399)us-gaap_GainsLossesOnExtinguishmentOfDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
[5] 0us-gaap_GainsLossesOnExtinguishmentOfDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
[5]
Other income, net 1,235arcp_OtherIncomeNet
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
0arcp_OtherIncomeNet
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
Loss on derivative instruments, net 13,076us-gaap_InvestmentIncomeNet
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
0us-gaap_InvestmentIncomeNet
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
Gain on disposition of properties, net (20,584)us-gaap_GainLossOnSaleOfPropertyPlantEquipment
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
[6] 0us-gaap_GainLossOnSaleOfPropertyPlantEquipment
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
[6]
Gain on sale of investments 0us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
0us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
Total other expenses, net (16,258)us-gaap_OtherNonoperatingIncomeExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
(599)us-gaap_OtherNonoperatingIncomeExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
Net loss from continuing operations 14,815us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
(4,328)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
Discontinued operations:    
Loss from operations of held for sale properties 0us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
0us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
Gain on held for sale properties 0arcp_GainLossonHeldForSaleProperties
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
(14)arcp_GainLossonHeldForSaleProperties
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
Net loss from discontinued operations 0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
(14)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
Net loss 14,815us-gaap_ProfitLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
(4,342)us-gaap_ProfitLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
Net loss attributable to non-controlling interest 2,422us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
1,625us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
Net loss attributable to the Company $ 17,237us-gaap_NetIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
$ (2,717)us-gaap_NetIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
Basic and diluted net loss per share attributable to common stockholders $ 0.03us-gaap_EarningsPerShareBasicAndDiluted
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
$ (0.02)us-gaap_EarningsPerShareBasicAndDiluted
/ us-gaap_StatementScenarioAxis
= us-gaap_RestatementAdjustmentMember
[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] As disclosed above, this line item caption has been reclassified into general and administrative in the accompanying consolidated statements of operations.
[5] This line item caption has been added and is included in the accompanying consolidated statements of operations for the period ended March 31, 2014.
[6] This line item caption has been updated to loss on disposition of properties, net in the accompanying consolidated statements of operations.