Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2014

Segment Reporting [Abstract]

Schedule of segment reporting information, by segment

The following tables present a summary of the comparative financial results and total assets for each business segment (in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2014			2013			2014			2013
REI:
Rental income	$	314,843		$	52,664		$	559,288		$	93,651
Direct financing lease income	1,181			—			2,187			—
Operating expense reimbursements	28,545			2,281			49,641			4,191
Total real estate investment revenues	344,569			54,945			611,116			97,842
Acquisition related	8,453			37,289			20,337			47,616
Merger and other transaction related	13,286			6,393			235,478			144,162
Property operating expenses	39,372			3,086			69,030			5,635
General and administrative expenses	7,033			2,361			13,629			3,815
Equity based compensation	9,338			3,458			31,848			4,339
Depreciation and amortization	234,219			33,752			385,223			60,505
Total operating expenses	311,701			86,339			755,545			266,072
Operating income (loss)	32,868			(31,394		)	(144,429		)	(168,230		)
Interest expense, net	(99,661		)	(11,068		)	(216,378		)	(17,124		)
Other (expense) income, net	(3,057		)	1,167			(3,858		)	2,020
Gain (loss) on derivative instruments, net	21,926			(40		)	1,729			(45		)
Loss on contingent value rights	—			(31,134		)	—			(31,134		)
Gain on disposition of properties, net	1,510			—			4,489			—
Gain on sale of investments	—			—			—			451
Total other expenses, net	(79,282		)	(41,075		)	(214,018		)	(45,832		)
Net loss from continuing operations	(46,414		)	(72,469		)	(358,447		)	(214,062		)
Discontinued operations:
Income from operations of held for sale properties	—			36			—			20
Gain on held for sale properties	—			—			—			14
Net income from discontinued operations	—			36			—			34
Net loss	$	(46,414	)	$	(72,433	)	$	(358,447	)	$	(214,028	)

	Three Months Ended June 30,						Six Months Ended June 30,
	2014			2013			2014			2013
Cole Capital:
Dealer manager and distribution fees, selling commissions and offering reimbursements	$	9,969		$	—		$	52,422		$	—
Transaction service fees	14,411			—			18,970			—
Management fees and reimbursements	13,032			—			20,087			—
Total Cole Capital revenues	37,412			—			91,479			—
Cole Capital reallowed fees and commissions	7,068			—			41,504			—
General and administrative expenses	12,030			—			31,119			—
Depreciation and amortization	24,774			—			39,133			—
Total operating expenses	43,872			—			111,756			—
Total other income	9,609			—			14,804			—
Net income (loss)	$	3,149		$	—		$	(5,473	)	$	—
Total Company:
Total revenues	$	381,981		$	54,945		$	702,595		$	97,842
Total operating expenses	$	355,573		$	86,339		$	867,301		$	266,072
Total other expense	$	(69,673	)	$	(41,075	)	$	(199,214	)	$	(45,832	)
Loss from continuing operations	$	(43,265	)	$	(72,469	)	$	(363,920	)	$	(214,062	)
Income from discontinued operations	$	—		$	36		$	—		$	34
Net loss	$	(43,265	)	$	(72,433	)	$	(363,920	)	$	(214,028	)

	Total Assets
	June 30, 2014		December 31, 2013
REI	$	20,197,707	$	7,807,504
Cole Capital	1,117,780		—
Total Company	$	21,315,487	$	7,807,504