Related Party Transactions and Arrangements (Tables)

3 Months Ended

Mar. 31, 2013

Schedule of Selling Commissions and Dealer Manager Fees Payable to Affiliate

The following table details the results of such activities related to RCS, which are recorded as offering costs on the consolidated statement of changes in equity (amounts in thousands):



	Three Months Ended March 31,				Payable as of
	2013		2012		March 31, 2013		December 31, 2012
Total commissions and fees paid to RCS	$	—	$	21,877	$	—	$	—

Schedule Of Offering Costs Reimbursements to Related Party

The following table details the results of such activities related to offering and other significant transactions costs reimbursed to the Manager, the ARCT III Advisor and RCS (amounts in thousands):



	Three Months Ended March 31,				Payable as of
	2013		2012		March 31, 2013		December 31, 2012
Offering expense and other significant transactions reimbursements	$	728	$	7,362	$	—	$	—

Schedule of Amount Contractually Due and Forgiven in Connection With Operation Related Services

The following table details amounts incurred by the Company or ARCT III and contractually due to the Sponsor, ARCT III Advisor or the Manager and forgiven in connection with the operations related services described above (amounts in thousands):



	Three Months Ended March 31,								Payable as of
	2013				2012				March 31,		December 31,
	Incurred		Forgiven		Incurred		Forgiven		2013		2012
One-time fees:
Acquisition fees and related cost reimbursements	$	4,312	$	—	$	3,385	$	—	$	—	$	364
Financing fees and related cost reimbursements	7,500		—		658		—		—		—
Other expense reimbursements	54		—		177		—		—		18
On-going fees:
Base management fees (1)	2,654		370		481		269		—		—
Property management and leasing fees (1)	799		—		63		63		—		—
Total operational fees and reimbursements	$	15,319	$	370	$	4,764	$	332	$	—	$	382

Schedule of General and Administrative Expenses Absorbed by Affiliate

The following table details general and administrative expenses absorbed by the Sponsor and the ARCT III Advisor and paid to the Company or ARCT III during the three months ended March 31, 2013 and 2012 (amounts in thousands):



	Three Months Ended March 31,				Receivable as of
	2013		2012		March 31, 2013		December 31, 2012
General and administrative expenses absorbed	$	—	$	84	$	—	$	—