CONSOLIDATED STATEMENT OF CHANGES IN EQUITY - ARC Properties Operating Partnership, L.P. (USD $) In Thousands, except Share data, unless otherwise specified		Total USD ($)		ARC Properties Operating Partnership, L.P. [Member] USD ($)		ARC Properties Operating Partnership, L.P. [Member] Parent [Member] USD ($)	ARC Properties Operating Partnership, L.P. [Member] Non-Controlling Interests [Member] USD ($)	Convertible Common Stock [Member] ARC Properties Operating Partnership, L.P. [Member] USD ($)	Convertible Preferred Stock [Member] ARC Properties Operating Partnership, L.P. [Member] USD ($)	Convertible Preferred Stock [Member] ARC Properties Operating Partnership, L.P. [Member] Parent [Member] USD ($)	General Partner [Member] ARC Properties Operating Partnership, L.P. [Member]	General Partner [Member] ARC Properties Operating Partnership, L.P. [Member] Preferred Stock [Member] USD ($)	General Partner [Member] ARC Properties Operating Partnership, L.P. [Member] Common Stock [Member] USD ($)	General Partner [Member] Convertible Common Stock [Member] ARC Properties Operating Partnership, L.P. [Member] Common Stock [Member] USD ($)	General Partner [Member] Convertible Preferred Stock [Member] ARC Properties Operating Partnership, L.P. [Member] Preferred Stock [Member] USD ($)	General Partner [Member] Convertible Preferred Stock [Member] ARC Properties Operating Partnership, L.P. [Member] Common Stock [Member] USD ($)	Special Limited Partner [Member] ARC Properties Operating Partnership, L.P. [Member] Preferred Stock [Member] USD ($)	Special Limited Partner [Member] ARC Properties Operating Partnership, L.P. [Member] Common Stock [Member] USD ($)	Special Limited Partner [Member] Convertible Common Stock [Member] ARC Properties Operating Partnership, L.P. [Member] Common Stock [Member] USD ($)	Special Limited Partner [Member] Convertible Preferred Stock [Member] ARC Properties Operating Partnership, L.P. [Member] Preferred Stock [Member] USD ($)
Value, outstanding, beginning balance at Jun. 30, 2013
Increase (Decrease) in Partners' Capital [Roll Forward]
Net (loss) income		$ (83,354)	[1],[2]	$ (83,354)
Other comprehensive income		(2,697)	[1]	(2,697)
Value, outstanding, ending balance at Sep. 30, 2013				2,262,372
Value, outstanding, beginning balance at Dec. 31, 2012				1,668,760		1,668,760						163,047	1,489,587					16,126
Units, outstanding, beginning balance at Dec. 31, 2012												6,990,328	184,553,676					1,621,349
Increase (Decrease) in Partners' Capital [Roll Forward]
Issuance of Common OP Units, net				1,174,675		1,174,675							1,066,904					107,771
Conversion of Units to units														5,799	(8)	8			(5,799)
Issuance of OP units, net, units													63,055,919					8,029,545
Conversion of Units to units, units														599,233	(828,472)	829,629			(599,233)
Issuance of Common OP Units in connection with issuance of RSAs, net				25,563		25,563							25,563
Issuance of restricted units and LTIPs, net, units													940,737
Offering costs, commissions and dealer manager fees		(164,831)	[1]	(164,831)		(164,831)							(164,831)
Repurchases of Common OP Units				(357,917)		(357,917)							(357,917)
Repurchases of Common OP Units , units													(28,272,905)
Issuance of Preferred OP Units				931,095		931,095						901,337					15,878	13,880
Issuance of Preferred OP Units, units												36,053,490					721,465	630,689
Excess of ARCT IV Merger considerations over historical cost		(557,545)	[1]	(557,545)		(557,545)							(557,545)
Equity-based compensation				13,981		13,981							4,154					9,827
Equity based compensation, shares													645,491					8,241,100
Equity component of convertible debt		9,372	[1]	9,372		9,372							9,372
Distributions declared on Common OP Units		(181,823)	[1]	(188,034)		(188,034)							(181,812)					(6,222)
Contributions from non-controlling interest holders	[1]	29,758
Net (loss) income		(301,566)	[1],[2]	(301,566)		(301,566)							(293,684)					(7,882)
Other comprehensive income		8,819	[1]	8,819		8,819							8,362					457
Value, outstanding, ending balance at Sep. 30, 2013				2,262,372		2,262,372						1,064,376	1,062,739				15,878	120,466
Units, outstanding, ending balance at Sep. 30, 2013												42,215,346	222,351,780				721,465	17,923,450
Value, outstanding, beginning balance at Dec. 31, 2013				2,229,228	[1]	2,228,661	567					1,054,989	1,018,124				16,466	139,082
Units, outstanding, beginning balance at Dec. 31, 2013												42,199,547	239,248,853				721,465	17,832,274
Increase (Decrease) in Partners' Capital [Roll Forward]
Issuance of Common OP Units, net				9,075,937		9,075,937							8,923,453					152,484
Issuance of OP units, net, units													662,305,318					7,956,297
Conversion of Units to units								0						16,275	12,470				(16,275)	(12,470)
Conversion of Units to units, units														1,098,074	622,836				(1,098,074)	(622,836)
Issuance of Common OP Units in connection with issuance of RSAs, net				(4,256)		(4,256)							(4,256)
Issuance of restricted units and LTIPs, net, units													5,326,404
Equity-based compensation				32,805		32,805							23,183					9,622
Equity based compensation, shares																		10,744,697
Distributions declared on Common OP Units		(593,846)		(626,272)		(625,024)	(1,248)		(80,749)	(80,749)			(597,463)		(53,120)	(27,629)		(27,561)
Contributions from non-controlling interest holders		982		982			982
Non-controlling interests retained in Cole Merger		24,766		24,766			24,766
Net (loss) income		(650,485)		(650,485)		(650,720)	235						(626,562)					(24,158)
Other comprehensive income		934		934		934							899					35
Value, outstanding, ending balance at Sep. 30, 2014				10,002,890		9,977,588	25,302					1,014,339	8,726,024				3,996	233,229
Units, outstanding, ending balance at Sep. 30, 2014												42,822,383	907,978,649				98,629	35,435,194
Value, outstanding, beginning balance at Jun. 30, 2014
Increase (Decrease) in Partners' Capital [Roll Forward]
Net (loss) income		(288,047)		(288,047)
Other comprehensive income		1,542		1,542
Value, outstanding, ending balance at Sep. 30, 2014				$ 10,002,890								$ 1,014,339					$ 3,996
Units, outstanding, ending balance at Sep. 30, 2014												42,822,383					98,629

[1] For discussion on the restatement adjustments, see Note 2 - Restatement of Previously Issued Consolidated Financial Statements.

[2] For discussion of the restatement adjustments, see Note 2 - Restatement of Previously Issued Consolidated Financial Statements.