XML 37 R34.htm IDEA: XBRL DOCUMENT v2.4.1.9
Organization and Business Operations - Narrative (Details) (USD $)
0 Months Ended 2 Months Ended 12 Months Ended 14 Months Ended
May 14, 2013
Dec. 31, 2012
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2014
May 13, 2013
Schedule of Equity Method Investments [Line Items]            
Intentional maximum sale of stock     $ 2,000,000,000arct_IntentionalMaximumSaleOfStock      
Common stock, par value per share (in dollars per share)     $ 0.01us-gaap_CommonStockParOrStatedValuePerShare $ 0.01us-gaap_CommonStockParOrStatedValuePerShare $ 0.01us-gaap_CommonStockParOrStatedValuePerShare  
Proceeds from issuances of common stock 2,000,000us-gaap_ProceedsFromIssuanceOfCommonStock 200,000us-gaap_ProceedsFromIssuanceOfCommonStock [1] 345,480,000us-gaap_ProceedsFromIssuanceOfCommonStock 32,172,000us-gaap_ProceedsFromIssuanceOfCommonStock 384,179,000us-gaap_ProceedsFromIssuanceOfCommonStock  
Common stock, price per share     $ 25us-gaap_SharePrice   $ 25us-gaap_SharePrice $ 25.00us-gaap_SharePrice
Common stock outstanding     386,500,000us-gaap_CommonStockValueOutstanding   386,500,000us-gaap_CommonStockValueOutstanding  
Cumulative capital investment return, percentage of benchmark     6.00%arct_RelatedPartyTransactionCumulativeCapitalInvestmentReturnAsPercentageOfBenchmark   6.00%arct_RelatedPartyTransactionCumulativeCapitalInvestmentReturnAsPercentageOfBenchmark  
Convertible common stock, quotient     0.15arct_ConvertibleCommonStockQuotient   0.15arct_ConvertibleCommonStockQuotient  
Special Limited Partner [Member]            
Schedule of Equity Method Investments [Line Items]            
Common stock shares issued (in shares)     8,888us-gaap_TemporaryEquitySharesIssued
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= arct_ArcRealtyFinanceSpecialLimitedPartnershipLLCMember
  8,888us-gaap_TemporaryEquitySharesIssued
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= arct_ArcRealtyFinanceSpecialLimitedPartnershipLLCMember
 
Third party contributions     2,020arct_ThirdPartyContributions
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= arct_ArcRealtyFinanceSpecialLimitedPartnershipLLCMember
     
Sponsor [Member]            
Schedule of Equity Method Investments [Line Items]            
Common stock, price per share     $ 22.5us-gaap_SharePrice
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= arct_AmericanRealtyCapitalViiiLlcMember
  $ 22.5us-gaap_SharePrice
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= arct_AmericanRealtyCapitalViiiLlcMember
 
Total consideration for common stock     200,000us-gaap_SaleOfStockConsiderationReceivedPerTransaction
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= arct_AmericanRealtyCapitalViiiLlcMember
     
Convertible Common Stock [Member]            
Schedule of Equity Method Investments [Line Items]            
Issuance of convertible stock, shares     1,000us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
/ us-gaap_StatementClassOfStockAxis
= us-gaap_ConvertibleCommonStockMember
     
Convertible Common Stock [Member] | Advisor [Member]            
Schedule of Equity Method Investments [Line Items]            
Issuance of convertible stock, shares     1,000us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= arct_ArcRealtyFinanceAdvisorsLlcMember
/ us-gaap_StatementClassOfStockAxis
= us-gaap_ConvertibleCommonStockMember
     
Convertible stock, per share value     $ 1.00arct_StockIssuedDuringPeriodPerShareValueConversionofConvertibleSecurities
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= arct_ArcRealtyFinanceAdvisorsLlcMember
/ us-gaap_StatementClassOfStockAxis
= us-gaap_ConvertibleCommonStockMember
     
DRIP [Member]            
Schedule of Equity Method Investments [Line Items]            
Intentional maximum sale of stock     $ 400,000,000arct_IntentionalMaximumSaleOfStock
/ arct_SaleOfStockAxis
= arct_DistributionReinvestmentPlanMember
     
Share price under DRIP     $ 23.75arct_SharePriceDividendReinvestmentPlan
/ arct_SaleOfStockAxis
= arct_DistributionReinvestmentPlanMember
  $ 23.75arct_SharePriceDividendReinvestmentPlan
/ arct_SaleOfStockAxis
= arct_DistributionReinvestmentPlanMember
 
Shares repurchased, percentage of original price per share     95.00%arct_TreasuryStockAcquiredMaximumPercentageAmountActuallyPaidPerShare
/ arct_SaleOfStockAxis
= arct_DistributionReinvestmentPlanMember
     
[1] For the period from November 15, 2012 (inception) to December 31, 2012