XML 99 R54.htm IDEA: XBRL DOCUMENT v2.4.0.8
Share-Based Compensation (Details) (USD $)
3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 2 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 6 Months Ended 6 Months Ended 6 Months Ended 0 Months Ended 36 Months Ended 25 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Restricted Stock [Member]
Jun. 30, 2012
Restricted Stock [Member]
Jun. 30, 2013
Restricted Stock [Member]
Jun. 30, 2012
Restricted Stock [Member]
Jun. 30, 2013
Compensation expense, accelerated vesting portion [Member]
Restricted Stock [Member]
Jun. 30, 2013
2013 Advisor Multi-Year Outperformance Agreement (OPP) [Domain]
Jun. 30, 2013
2013 Advisor Multi-Year Outperformance Agreement (OPP) [Domain]
Jun. 30, 2013
Restricted Stock [Member]
Restricted Share Plan [Member]
Manager [Member]
Feb. 28, 2013
Restricted Stock [Member]
Restricted Share Plan [Member]
ARC Properties Advisors, LLC [Member]
Manager [Member]
Sep. 30, 2013
Restricted Stock [Member]
Restricted Share Plan [Member]
ARC Properties Advisors, LLC [Member]
Manager [Member]
Jun. 30, 2013
Restricted Stock [Member]
Restricted Share Plan [Member]
ARC Properties Advisors, LLC [Member]
Manager [Member]
Dec. 31, 2012
Restricted Stock [Member]
Restricted Share Plan [Member]
ARC Properties Advisors, LLC [Member]
Manager [Member]
Dec. 31, 2012
Restricted Stock [Member]
Restricted Share Plan [Member]
Jun. 30, 2013
Restricted Stock [Member]
Director Stock Plan [Member]
Sep. 30, 2012
Restricted Stock [Member]
Director Stock Plan [Member]
Sep. 30, 2013
Restricted Common Stock [Member]
Restricted Share Plan [Member]
Jun. 30, 2013
Restricted Common Stock [Member]
Restricted Share Plan [Member]
Dec. 31, 2012
Restricted Common Stock [Member]
Restricted Share Plan [Member]
Jun. 30, 2013
Restricted Common Stock [Member]
Director Stock Plan [Member]
Dec. 31, 2012
Restricted Common Stock [Member]
Director Stock Plan [Member]
Jun. 30, 2013
Restricted Unvested Common Stock [Member]
Restricted Share Plan [Member]
Dec. 31, 2012
Restricted Unvested Common Stock [Member]
Restricted Share Plan [Member]
Jun. 30, 2013
Restricted Unvested Common Stock [Member]
Director Stock Plan [Member]
Dec. 31, 2012
Restricted Unvested Common Stock [Member]
Director Stock Plan [Member]
Feb. 28, 2013
Performance Shares [Member]
Outperformance Plan [Member]
Dec. 15, 2015
Performance Shares [Member]
Outperformance Plan [Member]
Jun. 30, 2013
Performance Shares [Member]
Outperformance Plan [Member]
Feb. 28, 2013
Excess Return, Above Threshold [Member]
Absolute Component [Member]
Performance Shares [Member]
Outperformance Plan [Member]
Feb. 28, 2013
Excess Return, Above Threshold [Member]
Absolute Component [Member]
Performance Shares [Member]
Outperformance Plan [Member]
Maximum [Member]
Feb. 28, 2013
Excess Return, Above Peer Group [Member]
Relative Component [Member]
Performance Shares [Member]
Outperformance Plan [Member]
Feb. 28, 2013
Cumulative Return, Above Threshold [Member]
Relative Component [Member]
Performance Shares [Member]
Outperformance Plan [Member]
Feb. 28, 2013
Cumulative Return, Above Threshold [Member]
Relative Component [Member]
Performance Shares [Member]
Outperformance Plan [Member]
Maximum [Member]
Feb. 28, 2013
Cumulative Return, Above Threshold [Member]
Relative Component [Member]
Performance Shares [Member]
Outperformance Plan [Member]
Minimum [Member]
Feb. 28, 2013
Cumulative Return, Above Threshold [Member]
Relative Component, Linear Interpolation [Member]
Performance Shares [Member]
Outperformance Plan [Member]
Maximum [Member]
Feb. 28, 2013
Cumulative Return, Equal to Threshold [Member]
Relative Component [Member]
Performance Shares [Member]
Outperformance Plan [Member]
Feb. 28, 2013
Cumulative Return, Equal to Threshold [Member]
Relative Component, Linear Interpolation [Member]
Performance Shares [Member]
Outperformance Plan [Member]
Minimum [Member]
Feb. 28, 2013
Cumulative Return, Below Threshold [Member]
Relative Component [Member]
Performance Shares [Member]
Outperformance Plan [Member]
Feb. 28, 2013
Equity Market Capitalization [Member]
Performance Shares [Member]
Outperformance Plan [Member]
Feb. 28, 2013
Equity Market Capitalization [Member]
Performance Shares [Member]
Outperformance Plan [Member]
Maximum [Member]
Feb. 28, 2013
Stockholder's Book Equity [Member]
Performance Shares [Member]
Jan. 15, 2018
OP Units [Member]
Outperformance Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                                                                          
Maximum authorized amount as a percentage of shares authorized                       10.00%                                                                  
Shares issued in lieu of cash for services, in shares                               167,400                                                          
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period                         325,000 300,000 325,000               18,000   325,000   18,000   8,241,101                                
Restricted share vesting period                                   5 years                                                      
Share-based Compensation Arrangement by Share-based Payment Award, Periodic Vesting Percentage                                     20.00%                                                    
Number of shares authorized, in shares                                   99,000                                                      
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Automatic Grant                                 3,000                                                        
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number                                   18,000     584,909 259,909 48,300 30,300 325,000 186,403   27,930                                  
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price                                         $ 12.95 $ 11.84 $ 12.13 $ 10.68 $ 13.83 $ 11.62 $ 14.58 $ 10.58                                  
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price                                       $ 14.80 $ 13.88       $ 13.83   $ 14.58                                    
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period                                                 (186,403)   (27,930)                                    
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value                                                 $ (11.62)   $ (10.58)                                    
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period                                         0   0   0   0                                    
Share-based Compensation Arrangements by Share-based Payment Award, Options, Forfeitures in Period, Weighted Average Exercise Price                                         $ 0.00   $ 0.00   $ 0.00   $ 0.00                                    
Equity-based compensation $ 3,454,000 $ 178,000 $ 4,330,000 $ 324,000 $ 200,000 $ 200,000 $ 600,000 $ 400,000 $ 2,200,000                                                                        
Share-based Compensation Arrangement by Share-based Payment Award, Percentage of Market Capitalization Threshold                                                               4.00%   4.00%               5.00%      
Share-based Compensation Arrangement by Share-based Payment Award, Shares Awarded as a Percentage of Maximum                                                                     100.00%       50.00%   0.00%        
Share-based Compensation Arrangement by Share-based Payment Award, Return Percentage Threshold                                                               7.00% 21.00%     18.00% 6.00% 6.00% 0.00% 0.00%          
Equity Capitalization, Including Portion Attributable to Noncontrolling Interest, Aggregate Gross Capitalization                                                                                       2,100,000,000  
Share-based Compensation Arrangement by Share-based Payment Award, Performance Period                                                           3 years                              
Share-based Compensation Arrangement by Share-based Payment Award, Shares Authorized, Percentage of Benchmark, Shares Committed Annually                                                                                     1.25%    
Share-based Compensation Arrangement by Share-based Payment Award, Shares Authorized, Percentage of Benchmark, Potential Share Commitment                                                                                     3.00%    
Share-based Compensation Arrangement by Share-based Payment Award, Shares Allocated as a Percentage of Shares Authorized                                                             100.00%                            
Percentage of Shares Allowable to be Converted, Percentage                                                                                         33.30%
Equity-based compensation     $ 6,708,000 $ 330,000           $ 3,100,000 $ 3,700,000