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American Realty Capital Trust, Inc. (ARCT) (Details) (USD $)
0 Months Ended
Jan. 22, 2013
item
Sep. 30, 2013
Dec. 31, 2012
Noncontrolling Interests      
Number of properties   3,866  
Carrying value of preferred units   $ 6,750,000  
Tau Operating Partnership, L.P.
     
Noncontrolling Interests      
Partnership units, ownership interest (as a percent) 99.30%    
Payment rate per annum (as a percent) 2.00%    
Carrying value of preferred units   6,750,000  
ARCT
     
Acquisition of American Realty Capital Trust, Inc.      
Transaction value 3,200,000,000    
Cash paid for common stock on acquisition (in dollars per share) $ 0.35    
Common stock conversion ratio 0.2874    
Common stock issued to shareholders of acquiree (in shares) 45,573,144    
Closing price of common stock (in dollars per share) $ 44.04    
Repayment of amount outstanding under ARCT's revolving credit facility and term loan 552,900,000    
Number of properties added to portfolio 515    
Preliminary purchase price of the ARCT acquisition      
Consideration associated with equity issued 2,027,753,000    
Cash consideration paid to previous owners of ARCT 56,216,000    
Total purchase consideration 2,083,969,000    
Assets:      
Real estate 2,672,053,000    
Acquired lease intangible assets 562,339,000    
Cash and cash equivalents, accounts receivable, and other assets, net 42,275,000    
Total Assets 3,276,667,000    
Liabilities:      
Lines of credit payable 317,207,000    
Term loan 235,000,000    
Mortgages payable 538,960,000    
Acquired lease intangible liabilities 78,711,000    
Accounts payable, accrued expenses, and other liabilities, net 22,820,000 29,600,000  
Total Liabilities 1,192,698,000    
Estimated fair value of net assets acquired 2,083,969,000    
Transaction Costs      
Estimated total merger-related transaction costs   21,000,000  
Total merger-related transaction costs   $ 12,900,000 $ 7,900,000