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Investments in Real Estate (Details) (USD $)
9 Months Ended 12 Months Ended 9 Months Ended
Sep. 30, 2012
sqft
Sep. 30, 2011
Dec. 31, 2011
Dec. 31, 2011
Maximum
Sep. 30, 2012
New properties and properties under development
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sqft
Sep. 30, 2011
New properties and properties under development
item
sqft
Sep. 30, 2012
Aggregate acquisitions
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Sep. 30, 2011
Aggregate acquisitions
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Sep. 30, 2012
American Realty Capital Trust, Inc.
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Sep. 30, 2012
Real estate investments with existing leases
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Sep. 30, 2011
Real estate investments with existing leases
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Investments in real estate properties                      
Investments in properties         $ 717,600,000 $ 826,400,000       $ 351,700,000 $ 573,100,000
Investment in entity                 2,950,000,000    
Number of properties acquired         234 125     500 78 93
Initial weighted average contractual lease rate of properties acquired (as a percent)         7.10% 7.90%          
Number of states in which properties are located         33 25          
Leasable square feet 34,300,000       7,000,000 5,500,000          
Leased area (as a percent)         100.00% 100.00%          
Average lease term         14 years 3 months 18 days 11 years 3 months 18 days          
Number of industries in which tenants operate         19 15          
Investments to any one tenant as a percentage of total assets       10.00%              
Acquisition transaction costs         1,400,000 1,100,000          
Land recorded related to acquisition             179,800,000 173,400,000      
Buildings and improvements recorded             516,200,000 528,300,000      
Intangible assets recorded             49,600,000 129,900,000      
Intangible assets and assumed liabilities recorded             28,000,000 5,200,000      
Premiums recorded upon assumption of mortgages             7,100,000 820,000      
Number of properties acquired with assumed mortgages payable             5 4      
Amount of investment allocated by estimate         98,300,000            
Number of properties acquired with notes receivable               1      
Assumed mortgages payable 133,394,000   67,781,000       70,000,000 67,400,000      
Assumed note receivable 8,780,000   8,780,000         8,800,000      
Total capitalized costs on existing properties 4,500,000 3,000,000                  
Re-leasing costs included in capitalized costs on existing properties 1,200,000 1,300,000                  
Building and tenant improvements included in capitalized costs on existing properties 3,300,000 1,700,000                  
Intangible value of the in-place leases acquired                   47,100,000 107,600,000
Intangible value of above-market leases acquired                   2,500,000 22,300,000
Intangible value of below-market leases acquired                   19,500,000 3,500,000
Intangible value of above and below-market leases amortized as net decrease to rental income 1,400,000 669,000                  
Intangible value of in-place leases amortized to expense 10,300,000 5,000,000                  
Exchange ratio for each share of ARCT                 0.2874    
Merger related costs                 $ 5,500,000