XML 103 R60.htm IDEA: XBRL DOCUMENT v2.4.1.9
Restated Consolidated Statement of Cash Flows (Detail) (USD $)
In Thousands, unless otherwise specified
9 Months Ended 12 Months Ended
Sep. 30, 2013
Dec. 31, 2013
Cash flows from operating activities:    
Net loss $ (301,566)us-gaap_ProfitLoss [1],[2]  
Adjustments to reconcile net loss to net cash provided by operating activities:    
Issuance of operating partnership units for ARCT III Merger and other transaction related expenses 107,771arcp_NoncontrollingInterestIssuanceofUnits [1]  
Depreciation 131,605us-gaap_DepreciationDepletionAndAmortization [1]  
(Gain) loss on held for sale properties 0arcp_GainsLossesonSalesofInvestmentRealEstateAndDisposalofDiscontinuedOperations [1]  
Impairment of real estate 2,074us-gaap_ImpairmentOfRealEstate [1] 3,300us-gaap_ImpairmentOfRealEstate
Equity-based compensation 13,981us-gaap_ShareBasedCompensation [1]  
Loss on derivative instruments 144arcp_GainLossonExtinguishmentofDerivativeInstrumentsNetPretax [1]  
Unrealized loss on investments 14us-gaap_UnrealizedGainLossOnInvestments [1]  
Unrealized loss on contingent value rights obligations, net of settlement payments 49,314arcp_UnrealizedGainLossOnContingentValueRights [1]  
Convertible obligations to Series C Convertible Preferred stockholders, fair value adjustment 4,827arcp_ConvertiblePreferredStockFairValueAdjustment [1]  
(Gain) loss on sale of investments 1,795us-gaap_GainLossOnSaleOfInvestments [1]  
Changes in assets and liabilities:    
Investment in direct financing leases 148us-gaap_IncreaseDecreaseInLeasingReceivables [1]  
Prepaid expenses and other assets (20,513)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets [1]  
Accounts payable and accrued expenses 10,435us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities [1]  
Deferred rent and other liabilities 5,911arcp_IncreaseDecreaseinDeferredRevenueDerivativeLiabilitiesandOtherLiabilities [1]  
Due from affiliates (4,105)us-gaap_IncreaseDecreaseInDueFromAffiliatesCurrent [1]  
Due to affiliates 6,107us-gaap_IncreaseDecreaseInDueToAffiliates  
Net cash provided by (used in) operating activities 7,942us-gaap_NetCashProvidedByUsedInOperatingActivities [1]  
Cash flows from investing activities:    
Investments in real estate and other assets (3,241,834)us-gaap_PaymentsToAcquireProductiveAssets [1]  
Investment in direct financing leases (75,551)us-gaap_PaymentsForProceedsFromLoansAndLeases [1]  
Capital expenditures (113)us-gaap_PaymentsForCapitalImprovements [1]  
Purchase of assets from Manager 0arcp_PaymentsToAcquireOfPropertyPlantAndEquipmentRelatedParty  
Deposits for real estate investments (31,115)us-gaap_PaymentsForDepositsOnRealEstateAcquisitions [1]  
Purchases of investment securities (81,464)us-gaap_PaymentsToAcquireAvailableForSaleSecurities [1]  
Proceeds from sale of investment securities 111,402us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities [1]  
Net cash used in investing activities (3,318,675)us-gaap_NetCashProvidedByUsedInInvestingActivities [1]  
Cash flows from financing activities:    
Proceeds from mortgage notes payable 6,897us-gaap_ProceedsFromNotesPayable [1]  
Proceeds from senior corporate credit facility 1,570,000arcp_ProceedsFromSeniorLongTermLinesOfCredit  
Payments on senior corporate credit facility (384,604)arcp_RepaymentsOfSeniorLongTermLinesOfCredit  
Proceeds from corporate bonds (53,397)us-gaap_ProceedsFromIssuanceOfUnsecuredDebt [1]  
Proceeds from issuance of convertible debt 310,000us-gaap_ProceedsFromConvertibleDebt [1]  
Common stock repurchases (358,093)us-gaap_PaymentsForRepurchaseOfCommonStock [1]  
Proceeds from issuance of convertible obligations to Series C Convertible Preferred stockholders 445,000arcp_ProceedsFromIssuanceOfConvertibleObligations  
Proceeds from issuance of common stock, net 1,807,197us-gaap_ProceedsFromIssuanceOfCommonStock [1]  
Payments of deferred financing costs (2,165)us-gaap_PaymentsOfFinancingCosts [1]  
Consideration paid for assets of Manager in excess of carryover basis 0arcp_PaymentsForAssetsInExcessOfBasisRelatedParty  
Contributions from non-controlling interest holders 29,758us-gaap_ProceedsFromMinorityShareholders [1]  
Distributions to non-controlling interest holders (5,615)us-gaap_PaymentsToMinorityShareholders [1]  
Distributions paid (157,646)us-gaap_PaymentsOfDividends [1]  
Advances from affiliates, net (376)arcp_AdvancesFromAffiliate  
Restricted cash (572)us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities [1]  
Net cash provided by financing activities 3,206,384us-gaap_NetCashProvidedByUsedInFinancingActivities [1]  
Net change in cash and cash equivalents (104,349)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease [1]  
Cash and cash equivalents, beginning of period 292,575us-gaap_CashAndCashEquivalentsAtCarryingValue [1] 292,575us-gaap_CashAndCashEquivalentsAtCarryingValue [1]
Cash and cash equivalents, end of period 188,226us-gaap_CashAndCashEquivalentsAtCarryingValue [1] 52,725us-gaap_CashAndCashEquivalentsAtCarryingValue [1]
As Previously Reported [Member]    
Cash flows from operating activities:    
Net loss (249,393)us-gaap_ProfitLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[3],[4]  
Adjustments to reconcile net loss to net cash provided by operating activities:    
Issuance of operating partnership units for ARCT III Merger and other transaction related expenses 108,247arcp_NoncontrollingInterestIssuanceofUnits
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Depreciation 99,832us-gaap_DepreciationDepletionAndAmortization
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
(Gain) loss on held for sale properties (14)arcp_GainsLossesonSalesofInvestmentRealEstateAndDisposalofDiscontinuedOperations
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Impairment of real estate 0us-gaap_ImpairmentOfRealEstate
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[3],[4]  
Equity-based compensation 13,895us-gaap_ShareBasedCompensation
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Loss on derivative instruments 144arcp_GainLossonExtinguishmentofDerivativeInstrumentsNetPretax
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Unrealized loss on investments 14us-gaap_UnrealizedGainLossOnInvestments
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Unrealized loss on contingent value rights obligations, net of settlement payments 49,314arcp_UnrealizedGainLossOnContingentValueRights
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Convertible obligations to Series C Convertible Preferred stockholders, fair value adjustment 4,827arcp_ConvertiblePreferredStockFairValueAdjustment
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
(Gain) loss on sale of investments (451)us-gaap_GainLossOnSaleOfInvestments
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[3],[4]  
Changes in assets and liabilities:    
Investment in direct financing leases 102us-gaap_IncreaseDecreaseInLeasingReceivables
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Prepaid expenses and other assets (12,081)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Accounts payable and accrued expenses 4,464us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Deferred rent and other liabilities 3,068arcp_IncreaseDecreaseinDeferredRevenueDerivativeLiabilitiesandOtherLiabilities
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Due from affiliates 0us-gaap_IncreaseDecreaseInDueFromAffiliatesCurrent
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Due to affiliates 0us-gaap_IncreaseDecreaseInDueToAffiliates
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Net cash provided by (used in) operating activities 21,968us-gaap_NetCashProvidedByUsedInOperatingActivities
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Cash flows from investing activities:    
Investments in real estate and other assets (1,173,497)us-gaap_PaymentsToAcquireProductiveAssets
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Investment in direct financing leases (57,551)us-gaap_PaymentsForProceedsFromLoansAndLeases
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Capital expenditures (113)us-gaap_PaymentsForCapitalImprovements
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Purchase of assets from Manager (1,041)arcp_PaymentsToAcquireOfPropertyPlantAndEquipmentRelatedParty
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Deposits for real estate investments (28,836)us-gaap_PaymentsForDepositsOnRealEstateAcquisitions
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Purchases of investment securities (12,004)us-gaap_PaymentsToAcquireAvailableForSaleSecurities
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Proceeds from sale of investment securities 44,188us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Net cash used in investing activities (1,228,854)us-gaap_NetCashProvidedByUsedInInvestingActivities
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Cash flows from financing activities:    
Proceeds from mortgage notes payable 4,773us-gaap_ProceedsFromNotesPayable
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Proceeds from senior corporate credit facility 860,000arcp_ProceedsFromSeniorLongTermLinesOfCredit
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Payments on senior corporate credit facility (384,604)arcp_RepaymentsOfSeniorLongTermLinesOfCredit
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Proceeds from corporate bonds (38,221)us-gaap_ProceedsFromIssuanceOfUnsecuredDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Proceeds from issuance of convertible debt 310,000us-gaap_ProceedsFromConvertibleDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Common stock repurchases (357,916)us-gaap_PaymentsForRepurchaseOfCommonStock
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Proceeds from issuance of convertible obligations to Series C Convertible Preferred stockholders 445,000arcp_ProceedsFromIssuanceOfConvertibleObligations
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Proceeds from issuance of common stock, net 486,536us-gaap_ProceedsFromIssuanceOfCommonStock
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Payments of deferred financing costs 0us-gaap_PaymentsOfFinancingCosts
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Consideration paid for assets of Manager in excess of carryover basis (3,035)arcp_PaymentsForAssetsInExcessOfBasisRelatedParty
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Contributions from non-controlling interest holders 750us-gaap_ProceedsFromMinorityShareholders
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Distributions to non-controlling interest holders (5,170)us-gaap_PaymentsToMinorityShareholders
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Distributions paid (117,047)us-gaap_PaymentsOfDividends
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Advances from affiliates, net 0arcp_AdvancesFromAffiliate
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Restricted cash (572)us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Net cash provided by financing activities 1,200,494us-gaap_NetCashProvidedByUsedInFinancingActivities
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Net change in cash and cash equivalents (6,392)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]  
Cash and cash equivalents, beginning of period 156,873us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4] 156,873us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[4]
Cash and cash equivalents, end of period 150,481us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[3],[4]  
Reclassifications And Immaterial Adjustments [Member]    
Cash flows from operating activities:    
Net loss 0us-gaap_ProfitLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
 
Adjustments to reconcile net loss to net cash provided by operating activities:    
Impairment of real estate 0us-gaap_ImpairmentOfRealEstate
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
 
(Gain) loss on sale of investments 0us-gaap_GainLossOnSaleOfInvestments
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
 
Cash flows from financing activities:    
Cash and cash equivalents, end of period 0us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
 
Reclassifications And Immaterial Adjustments [Member] | ARCT IV [Member]    
Cash flows from operating activities:    
Net loss (47,551)us-gaap_ProfitLoss
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Adjustments to reconcile net loss to net cash provided by operating activities:    
Issuance of operating partnership units for ARCT III Merger and other transaction related expenses 0arcp_NoncontrollingInterestIssuanceofUnits
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Depreciation 31,501us-gaap_DepreciationDepletionAndAmortization
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
(Gain) loss on held for sale properties 0arcp_GainsLossesonSalesofInvestmentRealEstateAndDisposalofDiscontinuedOperations
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Impairment of real estate 0us-gaap_ImpairmentOfRealEstate
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Equity-based compensation 18us-gaap_ShareBasedCompensation
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Loss on derivative instruments 0arcp_GainLossonExtinguishmentofDerivativeInstrumentsNetPretax
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Unrealized loss on investments 0us-gaap_UnrealizedGainLossOnInvestments
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Unrealized loss on contingent value rights obligations, net of settlement payments 0arcp_UnrealizedGainLossOnContingentValueRights
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Convertible obligations to Series C Convertible Preferred stockholders, fair value adjustment 0arcp_ConvertiblePreferredStockFairValueAdjustment
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
(Gain) loss on sale of investments 2,246us-gaap_GainLossOnSaleOfInvestments
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Changes in assets and liabilities:    
Investment in direct financing leases 46us-gaap_IncreaseDecreaseInLeasingReceivables
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Prepaid expenses and other assets (8,432)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Accounts payable and accrued expenses 11,251us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Deferred rent and other liabilities 2,843arcp_IncreaseDecreaseinDeferredRevenueDerivativeLiabilitiesandOtherLiabilities
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Due from affiliates (4,105)us-gaap_IncreaseDecreaseInDueFromAffiliatesCurrent
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Due to affiliates 0us-gaap_IncreaseDecreaseInDueToAffiliates
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Net cash provided by (used in) operating activities (12,183)us-gaap_NetCashProvidedByUsedInOperatingActivities
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Cash flows from investing activities:    
Investments in real estate and other assets (2,068,337)us-gaap_PaymentsToAcquireProductiveAssets
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Investment in direct financing leases (18,000)us-gaap_PaymentsForProceedsFromLoansAndLeases
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Capital expenditures 0us-gaap_PaymentsForCapitalImprovements
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Purchase of assets from Manager 0arcp_PaymentsToAcquireOfPropertyPlantAndEquipmentRelatedParty
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Deposits for real estate investments (2,279)us-gaap_PaymentsForDepositsOnRealEstateAcquisitions
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Purchases of investment securities (69,460)us-gaap_PaymentsToAcquireAvailableForSaleSecurities
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Proceeds from sale of investment securities 67,214us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Net cash used in investing activities (2,090,862)us-gaap_NetCashProvidedByUsedInInvestingActivities
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Cash flows from financing activities:    
Proceeds from mortgage notes payable 2,124us-gaap_ProceedsFromNotesPayable
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Proceeds from senior corporate credit facility 710,000arcp_ProceedsFromSeniorLongTermLinesOfCredit
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Payments on senior corporate credit facility 0arcp_RepaymentsOfSeniorLongTermLinesOfCredit
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Proceeds from corporate bonds (15,176)us-gaap_ProceedsFromIssuanceOfUnsecuredDebt
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Proceeds from issuance of convertible debt 0us-gaap_ProceedsFromConvertibleDebt
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Common stock repurchases (177)us-gaap_PaymentsForRepurchaseOfCommonStock
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Proceeds from issuance of convertible obligations to Series C Convertible Preferred stockholders 0arcp_ProceedsFromIssuanceOfConvertibleObligations
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Proceeds from issuance of common stock, net 1,320,729us-gaap_ProceedsFromIssuanceOfCommonStock
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Payments of deferred financing costs 0us-gaap_PaymentsOfFinancingCosts
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Consideration paid for assets of Manager in excess of carryover basis 0arcp_PaymentsForAssetsInExcessOfBasisRelatedParty
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Contributions from non-controlling interest holders 29,008us-gaap_ProceedsFromMinorityShareholders
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Distributions to non-controlling interest holders (445)us-gaap_PaymentsToMinorityShareholders
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Distributions paid (40,599)us-gaap_PaymentsOfDividends
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Advances from affiliates, net (376)arcp_AdvancesFromAffiliate
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Restricted cash 0us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
/ us-gaap_BusinessAcquisitionAxis
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/ us-gaap_StatementScenarioAxis
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[5]  
Net cash provided by financing activities 2,005,088us-gaap_NetCashProvidedByUsedInFinancingActivities
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Net change in cash and cash equivalents (97,957)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Cash and cash equivalents, beginning of period 135,702us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5] 135,702us-gaap_CashAndCashEquivalentsAtCarryingValue
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/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]
Cash and cash equivalents, end of period 37,745us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_BusinessAcquisitionAxis
= arcp_AmericanRealtyCapitalTrustIVInc.Member
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioAdjustmentMember
[5]  
Error Corrections [Member]    
Cash flows from operating activities:    
Net loss (4,622)us-gaap_ProfitLoss
/ us-gaap_StatementScenarioAxis
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Adjustments to reconcile net loss to net cash provided by operating activities:    
Issuance of operating partnership units for ARCT III Merger and other transaction related expenses (476)arcp_NoncontrollingInterestIssuanceofUnits
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Depreciation 272us-gaap_DepreciationDepletionAndAmortization
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(Gain) loss on held for sale properties 14arcp_GainsLossesonSalesofInvestmentRealEstateAndDisposalofDiscontinuedOperations
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Impairment of real estate 2,074us-gaap_ImpairmentOfRealEstate
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Equity-based compensation 68us-gaap_ShareBasedCompensation
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Loss on derivative instruments 0arcp_GainLossonExtinguishmentofDerivativeInstrumentsNetPretax
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Unrealized loss on investments 0us-gaap_UnrealizedGainLossOnInvestments
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Unrealized loss on contingent value rights obligations, net of settlement payments 0arcp_UnrealizedGainLossOnContingentValueRights
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Convertible obligations to Series C Convertible Preferred stockholders, fair value adjustment 0arcp_ConvertiblePreferredStockFairValueAdjustment
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(Gain) loss on sale of investments 0us-gaap_GainLossOnSaleOfInvestments
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Changes in assets and liabilities:    
Investment in direct financing leases 0us-gaap_IncreaseDecreaseInLeasingReceivables
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Prepaid expenses and other assets 0us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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Accounts payable and accrued expenses (5,280)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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Deferred rent and other liabilities 0arcp_IncreaseDecreaseinDeferredRevenueDerivativeLiabilitiesandOtherLiabilities
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Due from affiliates 0us-gaap_IncreaseDecreaseInDueFromAffiliatesCurrent
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Due to affiliates 6,107us-gaap_IncreaseDecreaseInDueToAffiliates
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Net cash provided by (used in) operating activities (1,843)us-gaap_NetCashProvidedByUsedInOperatingActivities
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Cash flows from investing activities:    
Investments in real estate and other assets 0us-gaap_PaymentsToAcquireProductiveAssets
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Investment in direct financing leases 0us-gaap_PaymentsForProceedsFromLoansAndLeases
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Capital expenditures 0us-gaap_PaymentsForCapitalImprovements
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Purchase of assets from Manager 1,041arcp_PaymentsToAcquireOfPropertyPlantAndEquipmentRelatedParty
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Deposits for real estate investments 0us-gaap_PaymentsForDepositsOnRealEstateAcquisitions
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Purchases of investment securities 0us-gaap_PaymentsToAcquireAvailableForSaleSecurities
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Proceeds from sale of investment securities 0us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities
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Net cash used in investing activities 1,041us-gaap_NetCashProvidedByUsedInInvestingActivities
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Cash flows from financing activities:    
Proceeds from mortgage notes payable 0us-gaap_ProceedsFromNotesPayable
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Proceeds from senior corporate credit facility 0arcp_ProceedsFromSeniorLongTermLinesOfCredit
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Payments on senior corporate credit facility 0arcp_RepaymentsOfSeniorLongTermLinesOfCredit
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Proceeds from corporate bonds 0us-gaap_ProceedsFromIssuanceOfUnsecuredDebt
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Proceeds from issuance of convertible debt 0us-gaap_ProceedsFromConvertibleDebt
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Common stock repurchases 0us-gaap_PaymentsForRepurchaseOfCommonStock
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Proceeds from issuance of convertible obligations to Series C Convertible Preferred stockholders 0arcp_ProceedsFromIssuanceOfConvertibleObligations
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Proceeds from issuance of common stock, net (68)us-gaap_ProceedsFromIssuanceOfCommonStock
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Payments of deferred financing costs (2,165)us-gaap_PaymentsOfFinancingCosts
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Consideration paid for assets of Manager in excess of carryover basis 3,035arcp_PaymentsForAssetsInExcessOfBasisRelatedParty
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Contributions from non-controlling interest holders 0us-gaap_ProceedsFromMinorityShareholders
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Distributions to non-controlling interest holders 0us-gaap_PaymentsToMinorityShareholders
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Distributions paid 0us-gaap_PaymentsOfDividends
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Advances from affiliates, net 0arcp_AdvancesFromAffiliate
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Restricted cash 0us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
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Net cash provided by financing activities 802us-gaap_NetCashProvidedByUsedInFinancingActivities
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Net change in cash and cash equivalents 0us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
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Cash and cash equivalents, beginning of period 0us-gaap_CashAndCashEquivalentsAtCarryingValue
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0us-gaap_CashAndCashEquivalentsAtCarryingValue
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Cash and cash equivalents, end of period $ 0us-gaap_CashAndCashEquivalentsAtCarryingValue
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[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.
[3] Certain line items have been consolidated from the original presentation in the Quarterly Report on Form 10-Q filing for the three and nine month period ended September 30, 2013.
[4] Certain line items have been consolidated from the original presentation in the Quarterly Report on Form 10-Q filing for the nine month period ended September 30, 2013.
[5] These financial statements have been recast in applying the carryover basis of accounting to include ARCT IV.