Segment Reporting (Tables)

12 Months Ended

Dec. 31, 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):

	Year Ended December 31,
	2014			2013			2012
REI:
Revenues:
Rental income	$	1,271,574		$	310,508		$	65,262
Direct financing lease income	3,603			2,244			—
Operating expense reimbursements	100,522			16,571			1,945
Total real estate investment revenues	1,375,699			329,323			67,207
Operating expenses:
Acquisition related	35,469			76,113			45,070
Merger and other non-routine transactions	198,545			210,543			2,603
Property operating	137,741			23,616			3,522
Management fees to affiliates	13,888			17,462			212
General and administrative	83,574			123,172			5,458
Depreciation and amortization	844,743			210,976			40,957
Impairment of real estate	100,547			3,346			—
Total operating expenses	1,414,507			665,228			97,822
Operating loss	(38,808		)	(335,905		)	(30,615		)

	Year Ended December 31,
	2014			2013			2012
Other (expense) income:
Interest expense, net	$	(452,648	)	$	(105,548	)	$	(11,856	)
Extinguishment of debt, net	(21,869		)	—			—
Other income, net	80,636			3,824			979
Loss on derivative instruments, net	(10,570		)	(67,946		)	—
Loss on held for sale assets and disposition of properties, net	(277,031		)	—			—
Loss on sale of investments in affiliates	—			(411		)	—
Gain (loss) on sale of investments	6,357			(1,795		)	—
Total other expenses, net	(675,125		)	(171,876		)	(10,877		)
Net loss from continuing operations	(713,933		)	(507,781		)	(41,492		)
Discontinued operations:
Loss from operations of held for sale assets	—			(34		)	(145		)
Loss on held for sale properties	—			—			(600		)
Net loss from discontinued operations	—			(34		)	(745		)
Net loss	$	(713,933	)	$	(507,815	)	$	(42,237	)
Cole Capital:
Revenues:
Dealer manager and distribution fees, selling commissions and offering reimbursements	$	87,109		$	—		$	—
Transaction service fees	60,672			—			—
Management fees and reimbursements	55,777			—			—
Total Cole Capital revenues	203,558			—			—
Operating expenses:
Cole Capital reallowed fees and commissions	66,228			—			—
Acquisition related	3,362			—			—
Merger and other non-routine transactions	1,969			—			—
General and administrative expenses	91,167			—			—
Depreciation and amortization	71,260			—			—
Impairments of intangible assets	309,444			—			—
Total operating expenses	543,430			—			—
Total other income	42,893			—			—
Net loss	$	(296,979	)	$	—		$	—
Total Company:
Total revenues	$	1,579,257		$	329,323		$	67,207
Total operating expenses	$	1,957,937		$	665,228		$	97,822
Total other expense	$	(632,232	)	$	(171,876	)	$	(10,877	)
Loss from continuing operations	$	(1,010,912	)	$	(507,781	)	$	(41,492	)
Loss from discontinued operations	$	—		$	(34	)	$	(745	)
Net loss	$	(1,010,912	)	$	(507,815	)	$	(42,237	)

	Total Assets
	December 31, 2014		December 31, 2013
REI	$	19,821,440	$	7,809,083
Cole Capital	693,699		—
Total Company	$	20,515,139	$	7,809,083