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CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Net loss $ (362,438)us-gaap_ProfitLoss [1] $ (218,212)us-gaap_ProfitLoss [1]
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Issuance of OP Units 92,884arcp_NoncontrollingInterestIssuanceofUnits [1] 107,771arcp_NoncontrollingInterestIssuanceofUnits [1]
Depreciation and amortization 473,184us-gaap_DepreciationDepletionAndAmortization [1] 64,780us-gaap_DepreciationDepletionAndAmortization [1]
Loss on disposition of properties and assets held for sale, net 18,874arcp_GainsLossesonSalesofInvestmentRealEstateAndDisposalofDiscontinuedOperations [1] 0arcp_GainsLossesonSalesofInvestmentRealEstateAndDisposalofDiscontinuedOperations [1]
Equity-based compensation 27,264us-gaap_ShareBasedCompensation [1] 6,791us-gaap_ShareBasedCompensation [1]
Equity in income of unconsolidated entities 385us-gaap_IncomeLossFromEquityMethodInvestments [1] 0us-gaap_IncomeLossFromEquityMethodInvestments [1]
Distributions from unconsolidated entities 4,033us-gaap_EquityMethodInvestmentDividendsOrDistributions [1],[2] 0us-gaap_EquityMethodInvestmentDividendsOrDistributions [1],[2]
(Gain) loss on derivative instruments (7,086)arcp_GainLossonExtinguishmentofDerivativeInstrumentsNetPretax [1] 45arcp_GainLossonExtinguishmentofDerivativeInstrumentsNetPretax [1]
Gain on sale of investments, net 0us-gaap_GainLossOnSaleOfInvestments [1] (451)us-gaap_GainLossOnSaleOfInvestments [1]
Impairment of real estate 1,556us-gaap_ImpairmentOfRealEstate [1],[3] 0us-gaap_ImpairmentOfRealEstate [1],[3]
Unrealized loss on contingent value rights obligations, net of settlement payments 0arcp_UnrealizedGainLossOnContingentValueRights [1] 31,134arcp_UnrealizedGainLossOnContingentValueRights [1]
Gain on extinguishment of debt (16,985)us-gaap_GainsLossesOnExtinguishmentOfDebt [1] 0us-gaap_GainsLossesOnExtinguishmentOfDebt [1]
Changes in assets and liabilities:    
Investment in direct financing leases 525us-gaap_IncreaseDecreaseInLeasingReceivables [1] 0us-gaap_IncreaseDecreaseInLeasingReceivables [1]
Deferred costs and other assets, net (93,553)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets [1] (10,263)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets [1]
Due from affiliates (5,685)us-gaap_IncreaseDecreaseDueFromAffiliates [1] 0us-gaap_IncreaseDecreaseDueFromAffiliates [1]
Accounts payable and accrued expenses (51,771)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities [1] 4,160us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities [1]
Deferred rent, derivative and other liabilities (8,732)arcp_IncreaseDecreaseinDeferredRevenueDerivativeLiabilitiesandOtherLiabilities [1] 2,676arcp_IncreaseDecreaseinDeferredRevenueDerivativeLiabilitiesandOtherLiabilities [1]
Due to affiliates (41,262)us-gaap_IncreaseDecreaseInDueToAffiliates [1] 1,349us-gaap_IncreaseDecreaseInDueToAffiliates [1]
Net cash provided by (used in) operating activities 31,193us-gaap_NetCashProvidedByUsedInOperatingActivities [1] (10,220)us-gaap_NetCashProvidedByUsedInOperatingActivities [1]
Cash flows from investing activities:    
Investments in real estate and other assets (1,246,588)us-gaap_PaymentsToAcquireProductiveAssets [1] (2,129,677)us-gaap_PaymentsToAcquireProductiveAssets [1]
Acquisition of a real estate business, net of cash acquired (756,232)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired [1] 0us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired [1]
Investment in direct financing leases 0us-gaap_PaymentsForProceedsFromLoansAndLeases [1] (76,410)us-gaap_PaymentsForProceedsFromLoansAndLeases [1]
Capital expenditures (9,989)us-gaap_PaymentsForCapitalImprovements [1] (30)us-gaap_PaymentsForCapitalImprovements [1]
Real estate developments (21,733)us-gaap_PaymentsToAcquireAndDevelopRealEstate [1] 0us-gaap_PaymentsToAcquireAndDevelopRealEstate [1]
Principal repayments received from borrowers 4,155us-gaap_ProceedsFromCollectionOfNotesReceivable [1] 0us-gaap_ProceedsFromCollectionOfNotesReceivable [1]
Investments in unconsolidated entities (2,500)us-gaap_PaymentsToAcquireEquityMethodInvestments [1] 0us-gaap_PaymentsToAcquireEquityMethodInvestments [1]
Proceeds from disposition of properties 94,823us-gaap_ProceedsFromSaleOfPropertyHeldForSale [1] 0us-gaap_ProceedsFromSaleOfPropertyHeldForSale [1]
Investment in intangible assets (266)us-gaap_PaymentsToAcquireIntangibleAssets [1] 0us-gaap_PaymentsToAcquireIntangibleAssets [1]
Deposits for real estate investments (129,602)us-gaap_PaymentsForDepositsOnRealEstateAcquisitions [1] (47,086)us-gaap_PaymentsForDepositsOnRealEstateAcquisitions [1]
Uses and refunds of deposits for real estate investments 196,075arcp_ProceedsorUsesfromDepositsonRealEstateAcquisitions [1] 0arcp_ProceedsorUsesfromDepositsonRealEstateAcquisitions [1]
Purchases of investment securities 0us-gaap_PaymentsToAcquireAvailableForSaleSecurities [1] (81,460)us-gaap_PaymentsToAcquireAvailableForSaleSecurities [1]
Line of credit advances to affiliates (80,300)us-gaap_PaymentsForAdvanceToAffiliate [1] 0us-gaap_PaymentsForAdvanceToAffiliate [1]
Line of credit repayments from affiliates 15,600us-gaap_ProceedsFromCollectionOfAdvanceToAffiliate [1] 0us-gaap_ProceedsFromCollectionOfAdvanceToAffiliate [1]
Proceeds from sale of investment securities 0us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities [1] 44,188us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities [1]
Change in restricted cash (15,499)us-gaap_IncreaseDecreaseInRestrictedCash [1] 0us-gaap_IncreaseDecreaseInRestrictedCash [1]
Net cash used in investing activities (1,952,056)us-gaap_NetCashProvidedByUsedInInvestingActivities [1] (2,290,475)us-gaap_NetCashProvidedByUsedInInvestingActivities [1]
Cash flows from financing activities:    
Proceeds from mortgage notes payable 718,275us-gaap_ProceedsFromNotesPayable [1] 6,924us-gaap_ProceedsFromNotesPayable [1]
Payments on mortgage notes payable (876,874)us-gaap_RepaymentsOfNotesPayable [1] 0us-gaap_RepaymentsOfNotesPayable [1]
Payments on other debt (7,524)us-gaap_ProceedsFromRepaymentsOfOtherLongTermDebt [1] 0us-gaap_ProceedsFromRepaymentsOfOtherLongTermDebt [1]
Proceeds from credit facilities 3,246,000us-gaap_ProceedsFromLongTermLinesOfCredit [1] 825,000us-gaap_ProceedsFromLongTermLinesOfCredit [1]
Payments on credit facilities (4,628,800)us-gaap_RepaymentsOfLongTermLinesOfCredit [1] (349,604)us-gaap_RepaymentsOfLongTermLinesOfCredit [1]
Proceeds from corporate bonds 2,545,760us-gaap_ProceedsFromIssuanceOfUnsecuredDebt [1] 0us-gaap_ProceedsFromIssuanceOfUnsecuredDebt [1]
Payments of deferred financing costs (84,165)us-gaap_PaymentsOfFinancingCosts [1] (41,461)us-gaap_PaymentsOfFinancingCosts [1]
Common stock repurchases 0us-gaap_PaymentsForRepurchaseOfCommonStock [1] (350,396)us-gaap_PaymentsForRepurchaseOfCommonStock [1]
Proceeds from issuances of preferred shares 0us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock [1] 445,000us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock [1]
Proceeds from issuances of common stock, net offering costs 1,593,462us-gaap_ProceedsFromIssuanceOfCommonStock [1] 1,810,042us-gaap_ProceedsFromIssuanceOfCommonStock [1]
Consideration to the Former Manager (as defined in Note 1) for internalization 0arcp_ConsiderationToAffiliateForInternalization [1] 0arcp_ConsiderationToAffiliateForInternalization [1]
Contributions from non-controlling interest holders 982us-gaap_ProceedsFromMinorityShareholders [1] 29,758us-gaap_ProceedsFromMinorityShareholders [1]
Distributions to non-controlling interest holders (15,831)us-gaap_PaymentsToMinorityShareholders [1] (3,111)us-gaap_PaymentsToMinorityShareholders [1]
Distributions paid (427,618)us-gaap_PaymentsOfDividends [1] (90,740)us-gaap_PaymentsOfDividends [1]
Change in restricted cash 0us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities [1] (844)us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities [1]
Net cash provided by financing activities 2,063,667us-gaap_NetCashProvidedByUsedInFinancingActivities [1] 2,280,568us-gaap_NetCashProvidedByUsedInFinancingActivities [1]
Net change in cash and cash equivalents 142,804us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease [1] (20,127)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease [1]
Cash and cash equivalents, beginning of period 52,725us-gaap_CashAndCashEquivalentsAtCarryingValue [1] 292,575us-gaap_CashAndCashEquivalentsAtCarryingValue [1]
Cash and cash equivalents, end of period 195,529us-gaap_CashAndCashEquivalentsAtCarryingValue [1] 272,448us-gaap_CashAndCashEquivalentsAtCarryingValue [1]
Supplemental disclosures:    
Cash paid for interest 137,844us-gaap_InterestPaid [1] 11,004us-gaap_InterestPaid [1]
Cash paid for income taxes 7,622us-gaap_IncomeTaxesPaid [1] 382us-gaap_IncomeTaxesPaid [1]
Non-cash investing and financing activities:    
Accrued capital expenditures and real estate developments 5,534us-gaap_CapitalExpendituresIncurredButNotYetPaid [1] 0us-gaap_CapitalExpendituresIncurredButNotYetPaid [1]
Common stock issued through distribution reinvestment plan $ 0us-gaap_ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan [1] $ 20,619us-gaap_ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan [1]
[1] For discussion on the restatement adjustments, see Note 2 - Restatement of Previously Issued Financial Statements.
[2] This line item caption has been added and is included in the accompanying consolidated statements of cash flows for the period ended June 30, 2014.
[3] This line item caption has been added and is included in the accompanying consolidated statements of operations for the period ended June 30, 2014.