W. P. Carey (WPC) 8-K 15 Nov 13 2012 FY Other Events Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
In Billions, except Share data, unless otherwise specified	Dec. 31, 2012	Jan. 31, 2013
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'W. P. Carey Inc.	'
Entity Central Index Key	'0001025378	'
Document Type	'8-K	'
Document Period End Date	31-Dec-12	'
Amendment Flag	'false	'
Document Fiscal Year Focus	'2012	'
Document Fiscal Period Focus	'FY	'
Current Fiscal Year End Date	'--12-31	'
Entity Well-known Seasoned Issuer	'Yes	'
Entity Voluntary Filers	'No	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	68,488,740
Entity Public Float	$1.30	'

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Investments in real estate:	'	'
Real estate, at cost (inclusive of amounts attributable to consolidated variable interest entities (''VIEs'') of $78,745 and $41,032, respectively)	$2,331,613	$646,482
Operating real estate, at cost (inclusive of amounts attributable to consolidated VIEs of $0 and $26,318, respectively)	99,703	109,875
Accumulated depreciation (inclusive of amounts attributable to consolidated VIEs of $16,110 and $22,350, respectively)	-136,068	-135,175
Net investments in properties	2,295,248	621,182
Real estate under construction	2,875	0
Net investments in direct financing leases (inclusive of amounts attributable to consolidated VIEs of $23,921 and $0, respectively)	376,005	58,000
Assets held for sale	1,445	0
Equity investments in real estate and the REITs	565,626	538,749
Net investments in real estate	3,241,199	1,217,931
Cash (inclusive of amounts attributable to consolidated VIEs of $17 and $230, respectively)	123,904	29,297
Due from affiliates	36,002	38,369
Goodwill	329,132	63,607
In-place lease, net (inclusive of amounts attributable to consolidated VIEs of $3,823 and $0, respectively)	447,278	44,578
Above-market rent, net (inclusive of amounts attributable to consolidated VIEs of $2,773 and $0, respectively)	279,885	4,822
Other intangible assets, net (inclusive of amounts attributable to consolidated VIEs of $297 and $0, respectively)	10,200	12,950
Other assets, net (inclusive of amounts attributable to consolidated VIEs of $4,232 and $2,773, respectively)	141,442	51,069
Total assets	4,609,042	1,462,623
Liabilities:	'	'
Non-recourse debt (inclusive of amounts attributable to consolidated VIEs of $30,326 and $14,261, respectively)	1,715,397	356,209
Senior credit facility	253,000	233,160
Accounts payable, accrued expenses and other liabilities (inclusive of amounts attributable to consolidated VIEs of $7,659 and $1,651, respectively)	265,132	82,055
Income taxes, net	24,959	44,783
Distributions payable	45,700	22,314
Total liabilities	2,304,188	738,521
Redeemable noncontrolling interest	7,531	7,700
Redeemable securities - related party (Note 4)	40,000	0
Commitments and contingencies (Note 13)	'	'
W. P. Carey stockholders' equity:	'	'
Common stock, $0.001 per value, 450,000,000 shares authorized; 68,901,933 and 0 shares issued, and 68,485,525 and 0 shares outstanding, respectively	69	0
Preferred stock, $0.001 per value, 50,000,000 shares authorized; none issued	0	0
Additional paid-in capital	2,175,820	779,071
Distributions in excess of accumulated earnings	-172,182	-95,046
Deferred compensation obligation	8,358	7,063
Accumulated other comprehensive loss	-4,649	-8,507
Less, treasury stock at cost, 416,408 and 0 shares, respectively	-20,270	0
Total W. P. Carey stockholders' equity	1,987,146	682,581
Noncontrolling interest	270,177	33,821
Total equity	2,257,323	716,402
Total liabilities and equity	$4,609,042	$1,462,623

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parentheticals) (USD $)	Dec. 31, 2012	Dec. 31, 2011
In Thousands, except Share data, unless otherwise specified
Investments in real estate:	'	'
Real estates, at cost attributable to consolidated VIEs	$2,331,613	$646,482
Operating real estate, at cost attributable to consolidated VIEs	99,703	109,875
Accumulated depreciation attributable to consolidated VIEs	136,068	135,175
Net investments in direct financing leases attributable to VIE's	376,005	58,000
Cash attributable to consolidated VIEs	123,904	29,297
In-place lease attributable to consolidated VIEs	447,278	44,578
Above-market rent attributable to consolidated VIEs	279,885	4,822
Other intangible assets attributable to consolidated VIEs	10,200	12,950
Other Assets attributable to consolidated VIEs	141,442	51,069
Liabilities:	'	'
Non-recourse debt attributable to consolidated VIEs	1,715,397	356,209
Accounts payable attributable to consolidated VIEs	265,132	82,055
W. P. Carey stockholders' equity:	'	'
Preferred stock, per share value	$0.00	$0.00
Preferred stock, authorized	50,000,000	50,000,000
Treasury stock, cost	416,408	0
Variable Interest Entity	'	'
Investments in real estate:	'	'
Real estates, at cost attributable to consolidated VIEs	78,745	41,032
Operating real estate, at cost attributable to consolidated VIEs	0	26,318
Accumulated depreciation attributable to consolidated VIEs	16,110	22,350
Net investments in direct financing leases attributable to VIE's	23,921	0
Cash attributable to consolidated VIEs	17	230
In-place lease attributable to consolidated VIEs	3,823	0
Above-market rent attributable to consolidated VIEs	2,773	0
Other intangible assets attributable to consolidated VIEs	297	0
Other Assets attributable to consolidated VIEs	4,232	2,773
Liabilities:	'	'
Non-recourse debt attributable to consolidated VIEs	30,326	14,261
Accounts payable attributable to consolidated VIEs	$7,659	$1,651
Common Stock No Par Value	'	'
W. P. Carey stockholders' equity:	'	'
Common stock, per share value	$0	$0
Common stock, authorized	100,000,000	100,000,000
Common stock, issued	0	39,729,018
Common stock, outstanding	0	39,729,018
Common Stock	'	'
W. P. Carey stockholders' equity:	'	'
Common stock, per share value	$0.00	$0.00
Common stock, authorized	450,000,000	450,000,000
Common stock, issued	68,901,933	0
Common stock, outstanding	68,485,525	0

Consolidated_Statements_of_Inc

Consolidated Statements of Income (USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Lease revenues:	'	'	'
Rental income	$107,777	$51,958	$41,552
Interest income from direct financing leases	15,426	10,278	9,542
Total lease revenues	123,203	62,236	51,094
Asset management revenue from affiliates	56,666	66,808	76,246
Structuring revenue from affiliates	48,355	46,831	44,525
Incentive, termination and subordinated disposition revenue from affiliates	0	52,515	0
Wholesaling revenue	19,914	11,664	11,096
Reimbursed costs from affiliates	98,245	64,829	60,023
Other real estate income	22,482	19,239	14,195
Revenues, Total	368,865	324,122	257,179
Operating Expenses	'	'	'
General and administrative	-144,809	-93,684	-73,423
Reimbursable costs	-98,245	-64,829	-60,023
Depreciation and amortization	-47,506	-23,339	-17,433
Property expenses	-12,641	-9,965	-7,683
Other real estate expenses	-6,170	-6,384	-4,574
Impairment charge	0	1,365	-1,140
Operating Expenses, Total	-309,371	-196,836	-164,276
Other Income and Expenses	'	'	'
Other interest income	1,396	2,000	1,269
Income from equity investments in real estate and Managed REITs	62,392	51,228	30,992
Gain on change in control of interests	20,744	27,859	781
Other income and (expenses)	3,402	4,578	627
Interest expense	-50,290	-21,675	-15,539
Other Income and Expenses, Total	37,644	63,990	18,130
Income from continuing operations before income taxes	97,138	191,276	111,033
Provision for income taxes	-6,783	-37,214	-25,852
Income from continuing operations	90,355	154,062	85,181
Discontinued Operations	'	'	'
Income (loss) from operations of discontinued properties, net of tax	405	-703	3,551
Gain on deconsolidation of a subsidiary	0	1,008	0
(Loss) gain on sales of real estate	-5,019	-3,391	460
Impairment charges	-22,962	-11,838	-14,241
Loss from discontinued operations, net of tax	-27,576	-14,924	-10,230
Net income	62,779	139,138	74,951
Net (income) loss attributable to non controlling interest	-607	1,864	314
Less: Net income attributable to redeemable noncontrolling interest	-40	-1,923	-1,293
Net income attributable to W. P. Carey	62,132	139,079	73,972
Basic Earnings Per Share	'	'	'
Income from continuing operations attributable to W. P. Carey	$1.88	$3.81	$2.12
Loss from discontinued operations attributable to W. P. Carey	($0.58)	($0.37)	($0.26)
Net income attributable to W. P. Carey	$1.30	$3.44	$1.86
Diluted Earnings Per Share	'	'	'
Income from continuing operations attributable to W. P. Carey	$1.85	$3.78	$2.11
Loss from discontinued operations attributable to W. P. Carey	($0.57)	($0.36)	($0.25)
Net income attributable to W. P. Carey	$1.28	$3.42	$1.86
Weighted Average Shares Outstanding	'	'	'
Basic	47,389,460	39,819,475	39,514,746
Diluted	48,078,474	40,098,095	40,007,894
Amounts Attributable to W. P. Carey	'	'	'
Income from continuing operations, net of tax	89,735	154,003	84,202
Loss from discontinued operations, net of tax	-27,603	-14,924	-10,230
Net income	$62,132	$139,079	$73,972

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Consolidated Statements of Comprehensive Income	'	'	'
Net Income	$62,779	$139,138	$74,951
Other Comprehensive Income (Loss):	'	'	'
Foreign currency translation adjustments	7,809	-1,796	-1,227
Unrealized loss on derivative instrument	-2,262	-3,588	-757
Change in unrealized (depreciation) appreciation on marketable securities	-7	-11	6
Change in other comprehensive (loss) income	5,540	-5,395	-1,978
Comprehensive Income	68,319	133,743	72,973
Amounts Attributable to Noncontrolling Interests	'	'	'
Net (income) loss attributable to non controlling interest	-607	1,864	314
Foreign currency translation adjustment	-1,676	346	-816
Comprehensive (income) loss attributable to noncontrolling interests	-2,283	2,210	-502
Amounts Attributable to Redeemable Noncontrolling Interest	'	'	'
Less: Net income attributable to redeemable noncontrolling interest	-40	-1,923	-1,293
Foreign currency translation adjustment	-6	5	12
Comprehensive loss (income) attributable to redeemable noncontrolling interest	-46	-1,918	-1,281
Comprehensive Income Attributable to W. P. Carey	$65,990	$134,035	$71,190

Consolidated_Statements_of_Equ

Consolidated Statements of Equity (USD $)	Total	Common Stock No Par Value	Common Stock	Additional Paid-in Capital	Distributions in Excess of Accumulated Earnings	Deferred Compensation Obligation	Accumulated Other Comprehensive Loss	Treasury Stock	Total W.P. Carey Stockholders	Noncontrolling Interest
In Thousands, except Share data, unless otherwise specified	USD ($)		USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)
Beginning equity balance - value at Dec. 31, 2009	$632,408	'	'	$754,507	($138,442)	$10,249	($681)	'	$625,633	$6,775
Beginning equity balance - shares at Dec. 31, 2009	'	39,204,605	'	'	'	'	'	'	'	'
Cash proceeds on issuance of shares, value, net	3,724	'	'	3,724	'	'	'	'	3,724	'
Cash proceeds on issuance of shares, shares, net	'	196,802	'	'	'	'	'	'	'	'
Grants issued in connection with services rendered - value	450	'	'	'	'	450	'	'	450	'
Shares issued under share incentive plans - shares	'	368,012	'	'	'	'	'	'	'	'
Contributions	14,261	'	'	'	'	'	'	'	'	14,261
Forfeitures of shares - value	-1,517	'	'	-1,517	'	'	'	'	-1,517	'
Forfeitures of shares - shares	'	-47,214	'	'	'	'	'	'	'	'
Distributions declared	-81,299	'	'	'	-81,299	'	'	'	-81,299	'
Distributions to noncontrolling interests	-3,305	'	'	'	'	'	'	'	'	-3,305
Windfall tax benefit - share incentive plan	2,354	'	'	2,354	'	'	'	'	2,354	'
Stock-based compensation expense	7,961	'	'	8,149	'	-188	'	'	7,961	'
Repurchase and retirement of shares - value	-2,317	'	'	-2,317	'	'	'	'	-2,317	'
Repurchase and retirement of shares - shares	'	-267,358	'	'	'	'	'	'	'	'
Redemption value adjustment	471	'	'	471	'	'	'	'	471	'
Tax impact of purchase of W. P. Carey International LLC interest	-1,637	'	'	-1,637	'	'	'	'	-1,637	'
Reclassification of the third-party interest in Carey Storage	22,402	'	'	'	'	'	'	'	'	22,402
Net income	73,658	'	'	'	73,972	'	'	'	73,972	-314
Other comprehensive loss	'	'	'	'	'	'	'	'	'	'
Foreign currency translation adjustments	-1,389	'	'	'	'	'	-2,031	'	-2,031	642
Unrealized loss on derivative instruments	-757	'	'	'	'	'	-757	'	-757	'
Change in unrealized (depreciation) appreciation on marketable securities	6	'	'	'	'	'	6	'	6	'
Ending equity balance - value at Dec. 31, 2010	665,474	'	'	763,734	-145,769	10,511	-3,463	'	625,013	40,461
Ending equity balance - shares at Dec. 31, 2010	'	39,454,847	'	'	'	'	'	'	'	'
Cash proceeds on issuance of shares, value, net	1,488	'	'	1,488	'	'	'	'	1,488	'
Cash proceeds on issuance of shares, shares, net	'	45,674	'	'	'	'	'	'	'	'
Grants issued in connection with services rendered - value	700	'	'	'	'	700	'	'	700	'
Grants issued in connection with services rendered - shares	'	5,285	'	'	'	'	'	'	'	'
Shares issued under share incentive plans - shares	'	576,148	'	'	'	'	'	'	'	'
Contributions	3,223	'	'	'	'	'	'	'	'	3,223
Forfeitures of shares - value	-274	'	'	-274	'	'	'	'	-274	'
Forfeitures of shares - shares	'	-3,562	'	'	'	'	'	'	'	'
Distributions declared	-88,055	'	'	'	-88,356	301	'	'	-88,055	'
Distributions to noncontrolling interests	-6,000	'	'	'	'	'	'	'	'	-6,000
Windfall tax benefit - share incentive plan	2,569	'	'	2,569	'	'	'	'	2,569	'
Stock-based compensation expense	17,290	'	'	21,739	'	-4,449	'	'	17,290	'
Repurchase and retirement of shares - value	-4,761	'	'	-4,761	'	'	'	'	-4,761	'
Repurchase and retirement of shares - shares	'	-349,374	'	'	'	'	'	'	'	'
Redemption value adjustment	455	'	'	455	'	'	'	'	455	'
Purchase of noncontrolling interest in connection with the Merger	-7,491	'	'	-5,879	'	'	'	'	-5,879	-1,612
Net income	137,215	'	'	'	139,079	'	'	'	139,079	-1,864
Other comprehensive loss	'	'	'	'	'	'	'	'	'	'
Foreign currency translation adjustments	-1,832	'	'	'	'	'	-1,445	'	-1,445	-387
Unrealized loss on derivative instruments	-3,588	'	'	'	'	'	-3,588	'	-3,588	'
Change in unrealized (depreciation) appreciation on marketable securities	-11	'	'	'	'	'	-11	'	-11	'
Ending equity balance - value at Dec. 31, 2011	716,402	'	'	779,071	-95,046	7,063	-8,507	'	682,581	33,821
Ending equity balance - shares at Dec. 31, 2011	'	39,729,018	'	'	'	'	'	'	'	'
Cash proceeds on issuance of shares, value, net	1,553	'	'	1,553	'	'	'	'	1,553	'
Cash proceeds on issuance of shares, shares, net	'	30,993	13,768	'	'	'	'	'	'	'
Cash proceeds on issuance of shares to third party, value	45,000	'	1	44,999	'	'	'	'	45,000	'
Cash proceeds on issuance of shares to third party, shares	'	'	937,500	'	'	'	'	'	'	'
Grants issued in connection with services rendered - shares	'	427,425	3,822	'	'	'	'	'	'	'
Shares issued under share incentive plans - value	646	'	'	646	'	'	'	'	646	'
Shares issued under share incentive plans - shares	'	238,728	27,044	'	'	'	'	'	'	'
Contributions	3,291	'	'	'	'	'	'	'	'	3,291
Forfeitures of shares - shares	'	-29,919	'	'	'	'	'	'	'	'
Distributions declared	-138,944	'	'	'	-139,268	324	'	'	-138,944	'
Distributions to noncontrolling interests	-6,649	'	'	'	'	'	'	'	'	-6,649
Windfall tax benefit - share incentive plan	10,185	'	'	10,185	'	'	'	'	10,185	'
Stock-based compensation expense	26,038	'	'	25,067	'	971	'	'	26,038	'
Redemption value adjustment	840	'	'	840	'	'	'	'	840	'
Reclassification of estate shareholder shares	-40,000	'	'	-40,000	'	'	'	'	-40,000	'
Purchase of noncontrolling interest in connection with the Merger	237,359	'	'	-154	'	'	'	'	-154	237,513
Exchange of shares of W. P. Carey & Co. LLC shares for shares of W.P.Carey Inc. in connection with the Merger,value	'	'	40	-40	'	'	'	'	'	'
Exchange of shares of W. P. Carey & Co. LLC shares for shares of W.P.Carey Inc. in connection with the Merger, shares	'	-39,834,827	39,834,827	'	'	'	'	'	'	'
Shares issued to stockholders of CPA:15 in connection with the Merger, value	1,380,361	'	28	1,380,333	'	'	'	'	1,380,361	'
Shares issued to stockholders of CPA:15 in connection with the Merger, shares	'	'	28,170,643	'	'	'	'	'	'	'
Purchase of treasury stock from related parties, value	-45,270	'	'	'	'	'	'	-45,270	-45,270	'
Purchase of treasury stock from related party, shares	'	-561,418	-416,408	'	'	'	'	'	'	'
Cancellation of shares, value	'	'	'	-25,000	'	'	'	25,000	'	'
Cancellation of shares, shares	'	'	-85,671	'	'	'	'	'	'	'
Net income	62,739	'	'	'	62,132	'	'	'	62,132	607
Other comprehensive loss	'	'	'	'	'	'	'	'	'	'
Foreign currency translation adjustments	7,721	'	'	'	'	'	6,127	'	6,127	1,594
Unrealized loss on derivative instruments	-2,262	'	'	'	'	'	-2,262	'	-2,262	'
Change in unrealized (depreciation) appreciation on marketable securities	-7	'	'	'	'	'	-7	'	-7	'
Ending equity balance - value at Dec. 31, 2012	$2,257,323	'	$69	$2,175,820	($172,182)	$8,358	($4,649)	($20,270)	$1,987,146	$270,177
Ending equity balance - shares at Dec. 31, 2012	'	'	68,485,525	'	'	'	'	'	'	'

Consolidated_Statements_of_Equ1

Consolidated Statements of Equity (Parentheticals) (USD $)	3 Months Ended								12 Months Ended
	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Statement of Stockholders' Equity [Abstract]	'	'	'	'	'	'	'	'	'	'	'
Per shares distributions declared	$0.66	$0.65	$0.57	$0.56	$0.56	$0.56	$0.55	$0.51	$2.44	$2.19	$2.03

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Cash Flows - Operating Activities	'	'	'
Net income	$62,779	$139,138	$74,951
Adjustments to net income:	'	'	'
Depreciation and amortization including intangible assets and deferred financing costs	55,114	29,616	24,443
(Income) loss from equity investments in real estate and the Managed REITs in excess of distributions received	-17,271	310	-4,920
Straight-line rent, financing lease adjustments and amortization of rent-related intangibles	2,831	-3,698	286
Amortization of dererred revenue	-9,436	-6,291	0
Gain on deconsolidation of a subsidiary	0	-1,008	0
Loss (gain) on sale of real estate	2,773	3,391	-460
Unrealized (gain) loss on foreign currency transactions and others	-1,861	138	300
Realized loss (gain) on foreign currency transactions and others	610	-965	-731
Allocation of loss to profit-sharing interest	0	0	-781
Management income received in shares of Managed REITs	-28,477	-73,936	-35,235
Gain on conversion of shares	-15	-3,806	'
Gain on change in control of interests	-20,794	-27,859	'
Impairment charges	22,962	10,473	15,381
Stock-based compensation expense	26,038	17,716	7,082
Deferred acquisition revenue received	21,059	21,546	21,204
Increase in structuring revenue receivable	-20,304	-19,537	-20,237
(Decrease) increase in income taxes, net	-18,277	244	-1,288
Net changes in other operating assets and liabilities	2,912	-5,356	6,422
Net cash provided by operating activities	80,643	80,116	86,417
Cash Flows - Investing Activities	'	'	'
Cash paid to stockholder of CPA15 in connection with the merger	-152,356	0	0
Cash acquired in connection with the Merger	178,945	0	0
Distributions received from equity investments in real estate and the Managed REITs in excess of equity income	46,294	20,807	18,758
Capital contributions to equity investments	-726	-2,297	0
Purchase of interests in CPA:16 - Global	0	-121,315	0
Purchases of real estate and equity investments in real estate	-3,944	-24,315	-96,884
Value added taxes (VAT) paid in connection with acquisition of real estate	0	0	-4,222
VAT refunded in connection with acquistions of real estate	0	5,035	0
Capital expenditures	-6,204	-13,239	-5,135
Cash acquired on acquisition of subsidiaries	0	57	0
Proceeds from sale of real estate	73,204	12,516	14,591
Proceeds from sale of securities	372	818	0
Funding of short-term loans to affiliates	0	-96,000	0
Proceeds from repayment of short-term loans to affiliates	0	96,000	0
Funds placed in escrow	-46,951	-6,735	-1,571
Funds released from escrow	37,832	2,584	36,620
Net cash provided by (used in) investing activities	126,466	-126,084	-37,843
Cash Flows - Financing Activities	'	'	'
Distributions paid	-113,867	-85,814	-92,591
Contributions from noncontrolling interests	3,291	3,223	14,261
Distributions paid to noncontrolling interests	-7,314	-7,258	-4,360
Contributions from profit-sharing interest	0	0	3,694
Distributions to profit-sharing interest	0	0	-693
Purchase of noncontrolling interest	0	-7,502	0
Purchase of treasury stock from related party (Note 4)	-45,270	0	0
Scheduled payments of mortgage principal	-54,964	-25,327	-14,324
Proceeds from mortgage financing	23,750	45,491	56,841
Proceeds from senior credit facility	300,000	251,410	83,250
Repayments of senior credit facility	-280,160	-160,000	-52,500
Payment of financing costs	-2,557	-7,778	-1,204
Funds placed in escrow	1,970	0	0
Proceeds from issuance of shares	51,644	1,488	3,724
Windfall tax benefit associated with stock-based compensation awards	10,185	2,569	2,354
Net cash (used in) provided by financing activities	-113,292	10,502	-1,548
Change in Cash and Cash Equivalents During the Period	'	'	'
Effect of exchange rate changes on cash	790	70	-783
Net increase (decrease) in cash and cash equivalents	94,607	-35,396	46,243
Cash and cash equivalents, beginning of period	29,297	64,693	18,450
Cash and cash equivalents, end of period	$123,904	$29,297	$64,693

Business

Business	12 Months Ended
	Dec. 31, 2012
Business and Basis of Presentation	'
Business	'
	Note 1. Business
	At December 31, 2012, W. P. Carey Inc. is a REIT that provides long-term financing via sale-leaseback and build-to-suit transactions for companies worldwide and manages a global investment portfolio. We invest primarily in commercial properties domestically and internationally. We earn revenue principally by leasing the properties we own to single corporate tenants, primarily on a triple-net leased basis, which requires each tenant to pay substantially all of the costs associated with operating and maintaining the property. Through our TRSs, we also earn revenue as the advisor to publicly-owned, non-listed REITs, which are sponsored by us under the Corporate Property Associates brand name and invest in similar properties. At December 31, 2012, we were the advisor to the following CPA® REITs: CPA®:16 – Global and CPA®:17 – Global, and we were the advisor to CPA®:15 until its merger with and into us on September 28, 2012 (Note 3). We are also the advisor to CWI, which acquires interests in lodging and lodging-related properties. At December 31, 2012, we owned and/or managed 1,007 properties domestically and internationally. Our owned portfolio was comprised of our full or partial ownership interest in 423 properties, substantially all of which were net leased to 124 tenants, and totaled approximately 38.5 million square feet. In addition, through our consolidated subsidiaries, Carey Storage and Livho, we had interests in 21 self-storage properties and a hotel property, respectively, for an aggregate of approximately 0.8 million square feet at December 31, 2012. All references to square feet are unaudited.
	We were formed as a corporation under the laws of Maryland on February 15, 2012. On February 17, 2012, our predecessor, W. P. Carey & Co. LLC, announced its intention to reorganize to qualify as a REIT for federal income tax purposes. Prior to the REIT Reorganization, our predecessor was a limited liability company formed under the laws of Delaware on July 15, 1996 and, as a limited liability company, was not subject to federal income taxation as long as it satisfied certain requirements relating to its operations and passed through any tax liabilities or benefits to its shareholders; however, certain of its subsidiaries were engaged in investment management operations and were subject to U.S. federal, state and local income taxes, and some of its subsidiaries may have also been subject to foreign taxes. On September 13, 2012, W. P. Carey & Co. LLC's shareholders approved the REIT Reorganization. In connection with the Merger, W. P. Carey & Co. LLC completed an internal reorganization whereby W. P. Carey & Co. LLC and its subsidiaries merged with and into W. P. Carey Inc. with W. P. Carey Inc. as the surviving corporation, succeeding to and continuing to operate the existing business of W. P. Carey & Co. LLC. Upon consummation of the REIT Reorganization, the 40,396,245 outstanding shares of W. P. Carey & Co. LLC, no par value per share, were converted into the right to receive an equal number of shares of W. P. Carey Inc. common stock, par value $0.001 per share, which are subject to certain share ownership and transfer restrictions designed to protect our ability to remain qualified as a real estate investment trust. A total of 40,396,245 shares of our common stock were issued to the shareholders of W. P. Carey & Co. LLC in exchange for an aggregate of 40,396,245 shares they owned on the date of closing. Immediately after the REIT Reorganization, the shares of W. P. Carey & Co. LLC were delisted from the NYSE and the shares were canceled, and our common stock became listed on the NYSE under the same symbol, “WPC”.
	The REIT Reorganization was accounted for as a transaction between entities under common control. Accordingly, the assets and liabilities of our predecessor were recognized at their carrying amounts at the date of the REIT Reorganization. As such, in the consolidated financial statements, the historical results of our predecessor are included for the pre-REIT Reorganization period and the consolidated results, which include the Merger with CPA®:15, are included subsequent to the effective date of the Merger (Note 3).
	We have elected to be taxed as a REIT under Section 856 through 860 of the Internal Revenue Code effective February 15, 2012 for the year ending December 31, 2012 (Note 16). As a REIT, we are not generally subject to U.S. federal income taxation as long as we satisfy certain requirements, principally relating to the nature of our income and the level of our distributions, as well as other factors. We now hold substantially all of our real estate assets attributable to our Real Estate Ownership segment, including the assets acquired from CPA®:15 in the Merger, under the new REIT structure, while the activities conducted by our Investment Management segment subsidiaries have been organized under TRSs.
	Primary Reportable Segments
	Real Estate Ownership — We own and invest in commercial properties in the U.S. and the European Union that are then leased to companies, primarily on a triple-net lease basis. We may also invest in other properties if opportunities arise. We own interests in the Managed REITs and account for these interests under the equity method of accounting. In addition, we receive a percentage of distributions of Available Cash, as defined in the respective advisory agreements, from the operating partnerships of each of the Managed REITs, and earn deferred revenue from our special member interest in CPA®:16 – Global's operating partnership. Effective April 1, 2012, we include such distributions and deferred revenue in our Real Estate Ownership segment (Note 18).
	Investment Management — Through our TRSs, we structure and negotiate investments and debt placement transactions for the Managed REITs, for which we earn structuring revenue, and manage their portfolios of real estate investments, for which we earn asset-based management and performance revenue. We earn asset-based management and historically we earned performance revenue from the Managed REITs based on the value of their real estate-related, self-storage-related and lodging-related assets under management. As funds available to the Managed REITs are invested, the asset base from which we earn revenue increases. We may also earn incentive and disposition revenue and receive other compensation in connection with providing liquidity alternatives to the Managed REITs' stockholders.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2012
Business and Basis of Presentation	'
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies	'
	Note 2. Summary of Significant Accounting Policies
	Basis of Consolidation
	The consolidated financial statements reflect all of our accounts, including those of our majority-owned and/or controlled subsidiaries. The portion of equity in a subsidiary that is not attributable, directly or indirectly, to us is presented as noncontrolling interests. All significant intercompany accounts and transactions have been eliminated. The consolidated financial statements include the historical results of our predecessor prior to the REIT Reorganization and the Merger.
	When we obtain an economic interest in an entity, we evaluate the entity to determine if it is deemed a VIE and, if so, whether we are deemed to be the primary beneficiary and are therefore required to consolidate the entity. Significant judgment is required to determine whether a VIE should be consolidated. We review the contractual arrangements provided for in the partnership agreement or other related contracts to determine whether the entity is considered a VIE, and to establish whether we have any variable interests in the VIE. We then compare our variable interests, if any, to those of the other variable interest holders to determine which party is the primary beneficiary of a VIE based on whether the entity (i) has the power to direct the activities that most significantly impact the economic performance of the VIE, and (ii) has the obligation to absorb losses or the right to receive benefits of the VIE that could potentially be significant to the VIE.
	For an entity that is not considered to be a VIE, the general partners in a limited partnership (or similar entity) are presumed to control the entity regardless of the level of their ownership and, accordingly, may be required to consolidate the entity. We evaluate the partnership agreements or other relevant contracts to determine whether there are provisions in the agreements that would overcome this presumption. If the agreements provide the limited partners with either (a) the substantive ability to dissolve or liquidate the limited partnership or otherwise remove the general partners without cause or (b) substantive participating rights, the limited partners' rights overcome the presumption of control by a general partner of the limited partnership, and, therefore, the general partner must account for its investment in the limited partnership using the equity method of accounting.
	We have investments in tenancy-in-common interests in various domestic and international properties. Consolidation of these investments is not required as such interests do not qualify as VIEs and do not meet the control requirement required for consolidation. Accordingly, we account for these investments using the equity method of accounting. We use the equity method of accounting because the shared decision-making involved in a tenancy-in-common interest investment provides us with significant influence on the operating and financial decisions of these investments.
	We apply accounting guidance for consolidation of VIEs to certain entities in which the equity investors do not have the characteristics of a controlling financial interest or do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support from other parties.  Fixed price purchase and renewal options within a lease as well as certain decision-making rights within a loan can cause us to consider an entity a VIE.
	Additionally, we own interests in single-tenant net leased properties leased to companies through noncontrolling interests in partnerships and limited liability companies that we do not control but over which we exercise significant influence. We account for these investments under the equity method of accounting. At times the carrying value of our equity investments may fall below zero for certain investments. We intend to fund our share of the investments' future operating deficits should the need arise. However, we have no legal obligation to pay for any of the liabilities of such investments nor do we have any legal obligation to fund operating deficits.
	One of our directors and officers was the sole shareholder of Livho, a subsidiary that operates a hotel investment (Note 4). We consolidated the accounts of Livho in our consolidated financial statements because it was a VIE and we were its primary beneficiary. In order to streamline Livho's corporate structure, in August 2012, the director and officer transferred his ownership interest in Livho to one of our subsidiaries, Carey REIT II, Inc. (“Carey REIT II”), for no consideration. Immediately after the ownership transfer, Livho is no longer a VIE as we own 100% of the entity. We continue to consolidate the accounts of Livho.
	We formed CWI in March 2008 for the purpose of acquiring interests in lodging and lodging-related properties. In April 2010, CWI filed a registration statement with the SEC to sell up to $1.0 billion of its common stock in an initial public offering plus up to an additional $237.5 million of its common stock under a dividend reinvestment plan. This registration statement was declared effective by the SEC in September 2010. Through December 31, 2010, the financial activity of CWI, which had no significant assets, liabilities or operations, was included in our consolidated financial statements, as we owned all of CWI's outstanding common stock. Beginning in 2011, we have accounted for our interest in CWI under the equity method of accounting because, as the advisor, we do not exert control over, but we have the ability to exercise significant influence on, CWI. Similarly, we formed a new CPA® REIT, CPA®:18 – Global, in September 2012. Through December 31, 2012, the financial activity of CPA®:18 – Global, which had no significant assets, liabilities or operations, was included in our consolidated financial statements.
	Reclassifications and Revisions
	Certain prior year amounts have been reclassified to conform to the current year presentation. The consolidated financial statements included in this Report have been retrospectively adjusted to reflect the disposition (or planned disposition) of certain properties as discontinued operations and certain adjustments related to purchase price allocation for all periods presented.
	Purchase Price Allocation
	In accordance with the guidance for business combinations, we determine whether a transaction or other event is a business combination, which requires that the assets acquired and liabilities assumed constitute a business. Each business combination is then accounted for by applying the acquisition method. If the assets acquired are not a business, we account for the transaction or other event as an asset acquisition. Under both methods, we recognize the identifiable assets acquired, the liabilities assumed, and any noncontrolling interest in the acquired entity. In addition, for transactions that are business combinations, we evaluate the existence of goodwill or a gain from a bargain purchase. We immediately expense acquisition-related costs and fees associated with business combinations.
	When we acquire properties with leases classified as operating leases, we allocate the purchase price to the tangible and intangible assets and liabilities acquired based on their estimated fair values. We determine the value of the tangible assets, consisting of land and buildings, as if vacant, and site improvements, and record intangible assets, including the above-market and below-market value of leases and the value of in-place leases at their relative estimated fair values. Land is typically valued utilizing the sales comparison (or market approach). Buildings, as if vacant, are valued using the cost and/or income approach. Site improvements are valued using the cost approach. The fair value of real estate is determined by reference to portfolio appraisals which determines their values, on a property level, by applying a discounted cash flow analysis to the estimated net operating income for each property in the portfolio during the remaining anticipated lease term, and the estimated residual value of each property from a hypothetical sale of the property upon expiration after considering the re-tenanting of such property at estimated then current market rental rate, at a selected capitalization rate and deducting estimated costs of sale. The proceeds from a hypothetical sale are derived by capitalizing the estimated net operating income of each property for the year following lease expiration at an estimated residual capitalization rate. The discount rates and residual capitalization rates used to value the properties are selected based on several factors, including the creditworthiness of the lessees, industry surveys, property type, location and age, current lease rates relative to market lease rates and anticipated lease duration. In the case where a tenant has a purchase option deemed to be materially favorable to the tenant, or the tenant has long-term renewal options at rental rates below estimated market rental rates, the appraisal assumes the exercise of such purchase option or long-term renewal options in its determination of residual value. Where a property is deemed to have excess land, the discounted cash flow analysis includes the estimated excess land value at the assumed expiration of the lease, based upon an analysis of comparable land sales or listings in the general market area of the property grown at estimated market growth rates through the year of lease expiration. For those properties that are under contract for sale, the appraised value of the portfolio reflects the current contractual sale price of such properties. See Real Estate Leased to Others and Depreciation below for a discussion of our significant accounting policies related to tangible assets. We include the value of below-market leases in Accounts payable, accrued expenses and other liabilities in the consolidated financial statements.
	We record above-market and below-market lease values for owned properties based on the present value (using a discount rate reflecting the risks associated with the leases acquired) of the difference between (i) the contractual amounts to be paid pursuant to the leases negotiated and in place at the time of acquisition of the properties and (ii) our estimate of fair market lease rates for the property or equivalent property, both of which are measured over a period equal to the estimated lease term which includes renewal options with rental rates below estimated market rental rates. We amortize the capitalized above-market lease value as a reduction of rental income over the estimated market lease term. We amortize the capitalized below-market lease value as an increase to rental income over the initial term and any fixed rate renewal periods in the respective leases.
	We measure the fair value of the below-market purchase option liability we acquired in connection with the Merger as the excess of the present value of the fair value of the real estate over the present value of the tenant's exercise price at the option date.
	The value of any in-place lease is estimated to be equal to the property owners' avoidance of costs necessary to release the property for a lease term equal to the remaining primary in-place lease term and the value of investment grade tenancy. The cost avoidance to the property owners' of vacancy/leasing costs necessary to lease the property for a lease term equal to the remaining in-place lease term is derived first by determining the in-place lease term on the subject lease. Then, based on our review of the market, the cost to be borne by a property owner to replicate a market lease to the remaining in-place term was estimated. These costs consist of: (i) rent lost during downtime (i.e. assumed periods of vacancy), (ii) estimated expenses that would be incurred by the property owner during periods of vacancy (iii) rent concessions (i.e. free rent) (iv) leasing commissions and (v) tenant improvements allowances given to tenants. We determine these values using our estimates or by relying in part upon third-party appraisals. We amortize the capitalized value of in-place lease intangibles to expense over the remaining initial term of each lease. We amortize the capitalized value of tenant relationships to expense over the initial and expected renewal terms of the lease. No amortization period for intangibles will exceed the remaining depreciable life of the building.
	If a lease is terminated, we charge the unamortized portion of above-market and below-market lease values to lease revenue, and in-place lease and tenant relationship values to amortization expense.
	When we acquire leveraged properties, the fair value of debt instruments acquired is determined using a discounted cash flow model with rates that take into account the credit of the tenants, where applicable, and interest rate risk. Such resulting premium or discount is amortized over the remaining term of the obligation. We also consider the value of the underlying collateral taking into account the quality of the collateral, the credit quality of the company, the time until maturity and the current interest rate.
	Goodwill
	In the case of a business combination, after identifying all tangible and intangible assets and liabilities, the excess consideration paid per the fair value of the assets and liabilities acquired and assumed, respectively, represents goodwill. We allocated goodwill to the respective reporting units in which such goodwill arose. Goodwill acquired in the Merger was attributed to the Real Estate Ownership segment which comprises one reporting unit. In the event we dispose of a property that constitutes a business under GAAP from a reporting unit with goodwill, which is less than all of the reporting unit, we allocate a portion of the reporting unit's goodwill to that business in determining the gain or loss on the disposal of the business. The amount of goodwill allocated to the business is based on the relative fair value of the business for the reporting unit.
	Operating Real Estate
	We carry land and buildings and personal property at cost less accumulated depreciation. We capitalize improvements, while we expense replacements, maintenance and repairs that do not improve or extend the lives of the respective assets as incurred.
	Assets Held for Sale
	We classify those assets that are associated with operating leases as held for sale when we have entered into a contract to sell the property, all material due diligence requirements have been satisfied and we believe it is probable that the disposition will occur within one year. Assets held for sale are recorded at the lower of carrying value or estimated fair value, less estimated costs to sell, which is generally calculated as the expected sale price, less expected selling costs. The results of operations and the related gain or loss on sale of properties that have been sold or that are classified as held for sale and which we will have no continuing involvement in are included in discontinued operations (Note 17).
	If circumstances arise that we previously considered unlikely and, as a result, we decide not to sell a property previously classified as held for sale, we reclassify the property as held and used. We measure and record a property that is reclassified as held and used at the lower of (i) its carrying amount before the property was classified as held for sale, adjusted for any depreciation expense that would have been recognized had the property been continuously classified as held and used or (ii) the estimated fair value at the date of the subsequent decision not to sell.
	We recognize gains and losses on the sale of properties when, among other criteria, we no longer have continuing involvement, the parties are bound by the terms of the contract, all consideration has been exchanged and all conditions precedent to closing have been performed. At the time the sale is consummated, a gain or loss is recognized as the difference between the sale price, less any selling costs, and the carrying value of the property.
	Cash
	Our cash is held in the custody of several financial institutions, and these balances, at times, exceed federally insurable limits. We seek to mitigate this risk by depositing funds only with major financial institutions.
	Other Assets and Liabilities
	We include prepaid expenses, deferred rental income, tenant receivables, deferred charges, escrow balances held by lenders, restricted cash balances, marketable securities, derivative assets and corporate fixed assets in Other assets. We include derivative instruments; miscellaneous amounts held on behalf of tenants; and deferred revenue, including unamortized below-market rent intangibles and unamortizable below-market purchase options in Other liabilities. Deferred charges are costs incurred in connection with mortgage financings and refinancings that are amortized over the terms of the mortgages and included in Interest expense in the consolidated financial statements. Deferred rental income is the aggregate cumulative difference for operating leases between scheduled rents that vary during the lease term, and rent recognized on a straight-line basis. Marketable securities are classified as available-for-sale securities and reported at fair value with unrealized gains and losses on these securities reported as a component of Other comprehensive income until realized.
	Allowance for Doubtful Accounts
	We consider direct finance leases to be past-due or delinquent when a contractually required principal or interest payment is not remitted in accordance with the provisions of the underlying agreement.  We evaluate each account individually and set up an allowance when, based upon current information and events, it is probable that we will be unable to collect all amounts due according to the existing contractual terms, and the amount can be reasonably estimated.
	Revenue Recognition
	Real Estate Leased to Others
	We lease real estate to others primarily on a triple-net leased basis, whereby the tenant is generally responsible for all operating expenses relating to the property, including property taxes, insurance, maintenance, repairs, renewals and improvements. We charge expenditures for maintenance and repairs, including routine betterments, to operations as incurred. We capitalize significant renovations that increase the useful life of the properties. For the years ended December 31, 2012, 2011 and 2010, although we are legally obligated for payment pursuant to our lease agreements with our tenants, lessees were responsible for the direct payment to the taxing authorities of real estate taxes of approximately $18.7 million, $6.4 million and $7.7 million, respectively.
	Substantially all of our leases provide for either scheduled rent increases, periodic rent adjustments based on formulas indexed to changes in the CPI or similar indices or percentage rents. CPI-based adjustments are contingent on future events and are therefore not included in straight-line rent calculations. We recognize rents from percentage rents as reported by the lessees, which is after the level of sales requiring a rental payment to us is reached. Percentage rents were insignificant for the periods presented.
	We account for leases as operating or direct financing leases, as described below:
	Operating leases — We record real estate at cost less accumulated depreciation; we recognize future minimum rental revenue on a straight-line basis over the non-cancellable lease term of the related leases and charge expenses to operations as incurred (Note 5).
	Direct financing method — We record leases accounted for under the direct financing method at their net investment (Note 5). We defer and amortize unearned income to income over the lease term so as to produce a constant periodic rate of return on our net investment in the lease.
	On an ongoing basis, we assess our ability to collect rent and other tenant-based receivables and determine an appropriate allowance for uncollected amounts. Because we have a limited number of lessees, we believe that it is necessary to evaluate the collectability of these receivables based on the facts and circumstances of each situation rather than solely using statistical methods. Therefore, in recognizing our provision for uncollected rents and other tenant receivables, we evaluate actual past due amounts and make subjective judgments as to the collectability of those amounts based on factors including, but not limited to, our knowledge of a lessee's circumstances, the age of the receivables, the tenant's credit profile and prior experience with the tenant. Even if a lessee has been making payments, we may reserve for the entire receivable amount if we believe there has been significant or continuing deterioration in the lessee's ability to meet its lease obligations.
	Investment Management Operations
	We earn structuring revenue and asset management revenue in connection with providing services to the Managed REITs. We earn structuring revenue for services we provide in connection with the analysis, negotiation and structuring of transactions, including acquisitions and dispositions and the placement of mortgage financing obtained by the Managed REITs. Asset management revenue consists of property management, leasing and advisory revenue. Receipt of the incentive revenue portion of the asset management revenue or performance revenue, however, which we received from CPA®:15 prior to the date of the Merger in 2012 and from CPA®:14 and CPA®:16 – Global prior to the CPA®:14/16 Merger in 2011, was subordinated to the achievement of specified cumulative return requirements by the stockholders of those CPA®REITs. At our option, the performance revenue could be collected in cash or shares of the CPA REIT (Note 4). In addition, we earn subordinated incentive and disposition revenue related to the disposition of properties. We may also earn termination revenue in connection with the termination of the advisory agreements for the Managed REITs.
	We recognize all revenue as earned. We earn structuring revenue upon the consummation of a transaction and asset management revenue when services are performed. We recognize revenue subject to subordination only when the performance criteria of the Managed REIT is achieved and contractual limitations are not exceeded.
	We earned subordinated disposition and incentive revenue from CPA®:15 until September 28, 2012 (Note 4) after its stockholders received their initial investment plus a specified preferred return. We may earn termination revenue if a liquidity event is consummated by any of the other Managed REITs.
	We are also reimbursed for certain costs incurred in providing services, including broker-dealer commissions paid on behalf of the Managed REITs, marketing costs and the cost of personnel provided for the administration of the Managed REITs. We record reimbursement income as the expenses are incurred, subject to limitations on a Managed REIT's ability to incur offering costs.
	Depreciation
	We compute depreciation of building and related improvements using the straight-line method over the estimated remaining useful lives of the properties (not to exceed 40 years) and furniture, fixtures and equipment (generally up to seven years). We compute depreciation of tenant improvements using the straight-line method over the lesser of the remaining term of the lease or the estimated useful life.
	Impairments
	We periodically assess whether there are any indicators that the value of our long-lived assets, including goodwill, may be impaired or that their carrying value may not be recoverable. These impairment indicators include, but are not limited to, the vacancy of a property that is not subject to a lease; a lease default by a tenant that is experiencing financial difficulty; the termination of a lease by a tenant; or the rejection of a lease in a bankruptcy proceeding. We may incur impairment charges on long-lived assets, including real estate, direct financing leases, assets held for sale and equity investments in real estate. We may also incur impairment charges on marketable securities and goodwill. Our policies for evaluating whether these assets are impaired are presented below.
	Real Estate
	For real estate assets in which an impairment indicator is identified, we follow a two-step process to determine whether an asset is impaired and to determine the amount of the charge. First, we compare the carrying value of the property's asset group to the future net undiscounted cash flow that we expect the property's asset group will generate, including any estimated proceeds from the eventual sale of the property's asset group. The undiscounted cash flow analysis requires us to make our best estimate of, among other things, market rents, residual values, and holding periods. Depending on the assumptions made and estimates used, the future cash flow projected in the evaluation of long-lived assets can vary within a range of outcomes. We consider the likelihood of possible outcomes in determining our estimate of future cash flows. If the future net undiscounted cash flow of the property's asset group is less than the carrying value, the property's asset group is considered to be impaired. We then measure the loss as the excess of the carrying value of the property's asset group over its estimated fair value.
	Direct Financing Leases
	We review our direct financing leases at least annually to determine whether there has been an other-than-temporary decline in the current estimate of residual value of the property. The residual value is our estimate of what we could realize upon the sale of the property at the end of the lease term, based on market information. If this review indicates that a decline in residual value has occurred that is other-than-temporary, we recognize an impairment charge equal to the difference between the fair value and carrying value, which is discounted at the internal rate of return of the project.
	Assets Held for Sale
	When we classify an asset as held for sale, we compare the asset's estimated fair value less estimated cost to sell to its carrying value, and if the estimated fair value less estimated cost to sell is less than the property's carrying value, we reduce the carrying value to the estimated fair value less estimated cost to sell. We will continue to review the initial impairment for subsequent changes in the estimated fair value, and may recognize an additional impairment charge, if warranted.
	Equity Investments in Real Estate and the Managed REITs
	We evaluate our equity investments in real estate and in the Managed REITs on a periodic basis to determine if there are any indicators that the value of our equity investment may be impaired and whether or not that impairment is other-than-temporary. To the extent impairment has occurred, we measure the charge as the excess of the carrying value of our investment over its estimated fair value. For equity investments in real estate, we calculate estimated fair value by multiplying the estimated fair value of the underlying venture's net assets by our ownership interest percentage. For certain investments in the Managed REITs, we calculate the estimated fair value of our investment using the most recently published NAV of each Managed REIT, which for CPA®:17 – Global and CWI is deemed to be their initial public offering prices.
	Goodwill
	We evaluate goodwill for possible impairment at least annually or upon the occurrence of a triggering event using a two-step process. To identify any impairment, we first compare the estimated fair value of each of our reporting units with their respective carrying amount, including goodwill. We calculate the estimated fair value of the Investment Management reporting unit by applying a multiple, based on comparable companies, to earnings. For the Real Estate Ownership reporting unit, we calculate its estimated fair value by applying a multiple common to the real estate community. The selection of the comparable companies and transactions to be used in our evaluation process could have a significant impact on the fair value of our reporting units and possible impairments. If the fair value of the reporting unit exceeds its carrying amount, we do not consider goodwill to be impaired and no further analysis is required. If the carrying amount of the reporting unit exceeds its estimated fair value, we then perform the second step to determine and measure the amount of the potential impairment charge.
	For the second step, we compare the implied fair value of the goodwill for each reporting unit with its respective carrying amount and record an impairment charge equal to the excess of the carrying amount over the implied fair value. We determine the implied fair value of the goodwill by allocating the estimated fair value of the reporting unit to its assets and liabilities. The excess of the estimated fair value of the reporting unit over the amounts assigned to its assets and liabilities is the implied fair value of the goodwill.
	We evaluate goodwill on an annual basis or upon the occurrence of a triggering event. The goodwill recorded in our Investment Management reporting unit is evaluated in the fourth quarter of every year. In connection with the Merger, we recorded goodwill in our Real Estate Ownership reporting unit. Prior to the Merger, there was no goodwill recorded in our Real Estate Ownership reporting unit. We will evaluate the goodwill recorded in our Real Estate Ownership reporting unit in the second quarter of every year.
Stock-Based Compensation
We have granted restricted shares, stock options, RSUs and PSUs to certain employees and independent directors. Grants were awarded in the name of the recipient subject to certain restrictions of transferability and a risk of forfeiture. Stock-based compensation expense for all equity-classified stock-based compensation awards is based on the grant date fair value estimated in accordance with current accounting guidance for share-based payments. We recognize these compensation costs for only those shares expected to vest on a straight-line or graded-vesting basis, as appropriate, over the requisite service period of the award. We include stock-based compensation within the listed shares caption of equity.
Foreign Currency
Translation
We have interests in real estate investments in the European Union and United Kingdom for which the functional currency is the euro and the British pound sterling, respectively. We perform the translation from the euro or the British pound sterling to the U.S. dollar for assets and liabilities using current exchange rates in effect at the balance sheet date and for revenue and expense accounts using a weighted-average exchange rate during the period. We report the gains and losses resulting from such translation as a component of other comprehensive income in equity.
Transaction Gains or Losses
A transaction gain or loss (measured from the transaction date or the most recent intervening balance sheet date, whichever is later), realized upon settlement of a foreign currency transaction generally will be included in net income for the period in which the transaction is settled. Also, foreign currency intercompany transactions that are scheduled for settlement, consisting primarily of accrued interest and the translation to the reporting currency of subordinated intercompany debt with scheduled principal payments, are included in the determination of net income.
Foreign currency transactions that are intercompany foreign currency transactions that are of a long term nature (that is, settlement is not planned or anticipated in the foreseeable future), when the entities to the transactions are consolidated or accounted for by the equity method in our financial statements, are not included in determining net income but are accounted for in the same manner as foreign currency translation adjustments and reported as a component of other comprehensive income in equity.
Net realized gains or (losses) are recognized on foreign currency transactions in connection with the transfer of cash from foreign operations of subsidiaries to the parent company. For the years ended December 31, 2012, 2011 and 2010, we recognized net realized (losses) gains on such transactions of $(0.6) million, $0.4 million and less than $(0.1) million, respectively.
Derivative Instruments
We measure derivative instruments at fair value and record them as assets or liabilities, depending on our rights or obligations under the applicable derivative contract. Derivatives that are not designated as hedges must be adjusted to fair value through earnings. For a derivative designated and qualified as a cash flow hedge, the effective portion of the change in fair value of the derivative is recognized in Other comprehensive income until the hedged item is recognized in earnings. The ineffective portion of a derivative's change in fair value is immediately recognized in earnings.
We made an accounting policy election effective January 1, 2011, or the “effective date,” to use the portfolio exception in Accounting Standards Codification (“ASC”) 820-10-35-18D “Fair Value Measurement”, the “portfolio exception,” with respect to measuring counterparty credit risk for all of our derivative transactions subject to master netting arrangements.
Income Taxes
W. P. Carey & Co. LLC, our predecessor, converted to a REIT through the REIT Reorganization (Note 3). Effective February 15, 2012, we have elected to be taxed as a REIT under Sections 856 through 860 of the Internal Revenue Code for the year ended December 31, 2012. As a REIT, we are not subject to federal income taxes on our income and gains that we distribute to our stockholders as long as we satisfy certain requirements, principally relating to the nature of our income and the level of our distributions, as well as other factors. We believe that we have operated, and we intend to continue to operate, in a manner that allows us to continue to qualify as a REIT. Deferred income taxes are recorded for the corporate subsidiaries based on earnings reported. The provision for income taxes differs from the amounts currently payable because of temporary differences in the recognition of certain income and expense items for financial reporting and tax reporting purposes. Income taxes are computed under the asset and liability method. The asset and liability method requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of temporary differences between tax bases and financial bases of assets and liabilities (Note 16).
Real Estate Ownership Operations
We expect to derive most of our REIT income from our real estate operations under our Real Estate Ownership segment. As such, our real estate operations are generally not subject to federal tax, and accordingly, no provision has been made for U.S. federal income taxes in the consolidated financial statements for these operations. These operations are subject to certain state, local and foreign taxes, as applicable.
We hold our real estate assets under a subsidiary, Carey REIT II. Carey REIT II has elected to be taxed as a REIT under the Internal Revenue Code. We believe we have operated, and we intend to continue to operate, in a manner that allows Carey REIT II to continue to qualify as a REIT. Under the REIT operating structure, Carey REIT II is permitted to deduct distributions paid to our stockholders and generally will not be required to pay U.S. federal income taxes. Accordingly, no provision has been made for U.S. federal income taxes in the consolidated financial statements related to Carey REIT II.
Investment Management Operations
We conduct our investment management operations primarily through TRSs. These operations are subject to federal, state, local and foreign taxes, as applicable. Our financial statements are prepared on a consolidated basis including these TRSs and include a provision for current and deferred taxes on these operations.
Earnings Per Share
Basic earnings per share is calculated by dividing net income available to common stockholders, as adjusted for unallocated earnings attributable to the unvested RSUs by the weighted-average number of shares of common stock outstanding during the period. Diluted earnings per share reflects potentially dilutive securities (options, restricted shares and RSUs) using the treasury stock method, except when the effect would be anti-dilutive.
Future Accounting Requirement
The following Accounting Standards Update (“ASU”) promulgated by the FASB is applicable to us in future reports, as indicated:
ASU 2012-02, Testing Indefinite-Lived Intangible Assets for Impairment — In July 2012, the FASB issued an update to ASC 350, Intangibles – Goodwill and Other. The objective of this ASU is to simplify how entities test indefinite-lived intangible assets for impairment and to improve consistency in impairment testing guidance among long-lived asset categories. The amendments in the ASU permit an entity to first assess qualitative factors to determine whether it is more likely than not that the fair value of an indefinite-lived intangible asset is less than its carrying amount as a basis for determining whether it is necessary to perform the quantitative impairment test described in topic 350. The more-likely-than-not threshold is defined as having a likelihood of more than 50 percent. Previous guidance under topic 350 required an entity to test indefinite-lived intangible assets for impairment, on at least an annual basis, by comparing the fair value of the asset with its carrying amount. If the fair value of an intangible asset is less than its carrying amount, an entity should recognize an impairment loss in the amount of that excess. Under the amendments in this ASU, an entity is not required to calculate the fair value of an indefinite-lived intangible asset unless the entity determines that it is more likely than not that its fair value is less than its carrying amount. Permitting an entity to assess qualitative factors when testing indefinite-lived intangible assets for impairment, results in guidance that is similar to the goodwill impairment testing guidance in ASU 2011-08. We do not expect the adoption to have a material impact on our financial position and results of operations.
Out-of-Period Adjustments
During 2012, we identified errors in the consolidated financial statements related to prior years. The errors were primarily attributable to the misapplication of guidance in accounting for and clerical errors related to the expropriation of land related to two investments and our reimbursement of certain affiliated costs. We concluded that these adjustments were not material, individually or in the aggregate, to our results for this or any of the prior periods, and as such, we recorded an out-of-period adjustment to increase our income from operations by $2.5 million within continuing operations primarily attributable to an increase in Gain on sale of real estate of $2.0 million in the consolidated statement of income.
In 2011, we identified an error in the consolidated financial statements related to prior years. The error relates to the misapplication of accounting guidance related to the modifications of certain leases. We concluded this adjustment, with a net impact of $0.2 million on our statement of operations for the fourth quarter of 2011, was not material to our results for the prior year periods or to the period of adjustment. Accordingly, this cumulative change was recorded in the consolidated financial statements in the fourth quarter of 2011 as an out-of-period adjustment as follows: a reduction to Net investment in direct financing leases of $17.6 million and an increase in net Operating real estate of $17.9 million on the consolidated balance sheet; and an increase in Lease revenues of $0.9 million, a reduction of Impairment charges of $1.6 million, and an increase in Depreciation expense of $2.2 million on the consolidated statement of operations.
Use of Estimates
The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts and the disclosure of contingent amounts in our consolidated financial statements and the accompanying notes. Actual results could differ from those estimates.

Merger_with_CPA_15

Merger with CPA 15	12 Months Ended
	Dec. 31, 2012
REIT Reorganization and Merger	'
REIT Reorganization and Merger	'
	Note 3. Merger with CPA®:15
	Merger
	On February 17, 2012, our predecessor, W. P. Carey & Co. LLC, and CPA®:15 entered into a definitive agreement (the “Merger Agreement”) pursuant to which CPA®:15 would merge with and into W. P. Carey Inc. The Merger is part of a larger transformation that implements our overall business strategy of expanding real estate assets under ownership, substantially increases our scale and liquidity, and provides income contribution from owned properties while preserving our investment management business. On September 13, 2012, the shareholders of W. P. Carey & Co. LLC and the stockholders of CPA®:15 approved the Merger. On September 28, 2012 (the “acquisition date”), CPA®:15 merged with and into W. P. Carey Inc., with CPA®:15 surviving as an indirect, wholly-owned subsidiary of W. P. Carey Inc. In the Merger, CPA®:15's stockholders received for each share of CPA®:15's common stock owned 0.2326 shares of W. P. Carey Inc. common stock, which equated to $11.40 per share of CPA®:15 common stock based on the $49.00 per share closing price of W. P. Carey & Co. LLC's shares on the NYSE on that date, and $1.25 in cash for total consideration of $12.65 per share of CPA®:15. We paid total merger consideration of $1.5 billion, including cash of $152.4 million and the issuance of 28,170,643 shares of our common stock with a fair value of $1.4 billion on the acquisition date (the “Merger Consideration”) to the stockholders of CPA®:15 in exchange for 121,194,272 shares of CPA®:15 common stock that we did not previously own. In order to fund the cash portion of the Merger Consideration, we drew down the full amount of our existing $175.0 million Term Loan Facility (Note 12). As a condition of the Merger, we waived the subordinated disposition and termination fees that we would have been entitled to receive from CPA®:15 upon its liquidation pursuant to the terms of our advisory agreement with CPA®:15 (Note 4).
	Immediately prior to the Merger, CPA®:15's portfolio was comprised of full or partial ownership interests in 305 properties, substantially all of which were triple-net leased to 76 tenants, and totaled approximately 27 million square feet, with an occupancy rate of approximately 99%. In the Merger, we acquired these properties and their related leases with an average remaining life of 9.7 years. In 2011, CPA®:15 recorded lease revenues of $242.2 million. We also assumed the related property debt comprised of 58 fixed-rate and 9 variable-rate non-recourse mortgage loans with a preliminary aggregate fair value of $1.2 billion and a weighted-average annual interest rate of 5.6%. During the period from January 1, 2012 through September 28, 2012, we earned $19.0 million in fees from CPA®:15 and recognized $4.5 million in equity earnings based on our ownership of shares in CPA®:15 prior to the Merger. The lease revenues and income from continuing operations contributed from the properties acquired from the date of the Merger through December 31, 2012 were $56.2 million and $9.0 million (inclusive of $2.5 million attributable to noncontrolling interests), respectively.
	We accounted for the Merger as a business combination under the acquisition method of accounting. After consideration of all applicable factors pursuant to the business combination accounting rules, we were considered the “accounting acquirer” due to various factors, including the fact that the shareholders of W. P. Carey & Co. LLC, our predecessor, held the largest portion of the voting rights in W. P. Carey Inc., upon completion of the Merger. Acquisition costs of $31.7 million related to the Merger have been expensed as incurred and classified within General and administrative expense in the consolidated statements of income for the year ended December 31, 2012.
	On September 19, 2012, we acquired a 52.63% ownership interest in Marcourt Investments Inc. (“Marcourt”) from an unrelated third party. At that time, CPA®:15 held a 47.37% ownership interest in Marcourt. Marcourt owns 12 Marriott Courtyard hotels located throughout the U. S. that are leased to and operated by Marriott International, Inc. We obtained this investment in contemplation of the Merger and accounted for this step acquisition as part of the Merger. Accordingly, the assets acquired and liabilities assumed from Marcourt in this transaction are included in the table below.
	The purchase price was allocated to the assets acquired and liabilities assumed, based upon their preliminary fair values. The fair values of the lease intangibles acquired were measured in a manner consistent with our purchase price allocation policy described in Note 2. During the fourth quarter of 2012, we identified certain measurement period adjustments that impacted the provisional accounting, which increased the fair value of the identifiable real estate acquired and the non-controlling interests acquired by $5.6 million and $0.7 million, respectively, resulting in a $6.3 million reduction in goodwill. The following table summarizes the preliminary estimated fair values of the assets acquired and liabilities assumed in the acquisition, and the related measurement period adjustments, based on the current best estimate of management
				Initially Reported			Measurement		As Revised at
				at September 30, 2012			Period Adjustments		31-Dec-12
	Total Consideration
		Fair value of W. P. Carey shares of common stock issued		$	1,380,362		$	-	$	1,380,362
		Cash consideration paid			152,356			-		152,356
	Merger Consideration				1,532,718			-		1,532,718
		Fair value of our equity interest in CPA®:15 prior to the Merger			107,147			-		107,147
		Fair value of our equity interest in jointly-owned investments with CPA®:15 prior to the Merger			54,822			-		54,822
				$	1,694,687		$	-	$	1,694,687
	Assets Acquired at Fair Value
		Net investment in properties		$	1,758,372		$	4,500	$	1,762,872
		Net investment in direct financing leases			315,789			-		315,789
		Equity investments in real estate			164,886			1,361		166,247
		Intangible assets (Note 8)			694,411			899		695,310
		Cash and cash equivalents			178,945			-		178,945
		Other assets			83,838			-2,088		81,750
					3,196,241			4,672		3,200,913
	Liabilities Assumed at Fair Value
		Non-recourse debt			-1,350,755			-		-1,350,755
		Accounts payable, accrued expenses and other liabilities (including below-market rent intangibles of $102,155)			-187,712			917		-186,795
		Prepaid and deferred rental income and security deposits
					-1,538,467			917		-1,537,550
	Total identifiable net assets				1,657,774			5,589		1,663,363
	Amounts attributable to noncontrolling interests				-238,038			679		-237,359
	Goodwill				274,951			-6,268		268,683
				$	1,694,687		$	-	$	1,694,687
	Goodwill
	Two items comprise a majority of the $268.7 million of goodwill recorded in the Merger. First, at the time we entered into the Merger Agreement, the market value of our stock was $45.07 per share. The increase in the market value of our stock of $3.93 per share from the date of the Merger Agreement to $49.00 per share on the transaction date gave rise to approximately $110.8 million of the goodwill recorded, based on the fixed amount of 28,170,643 shares issued. Second, at the time we entered into the Merger Agreement, the consideration of 0.2326 shares of our common stock plus $1.25 in cash per common share of CPA®:15 represented a premium of approximately $1.33 per share over the September 30, 2011 estimated NAV of CPA®:15, which was $10.40. Management believes that the premium is supported by several factors of the combined entity, including the fact that (i) it is among the largest publicly traded REITs with greater operating and financial flexibility and better access to capital markets and with a lower cost of capital than CPA®:15 had on a stand-alone basis; (ii) the Merger eliminated costs associated with the advisory structure that CPA®:15 had previously; and (iii) the combined portfolio has greater tenant and geographic diversification and an improved overall weighted average debt maturity and interest rate. Based on the number of CPA®:15 shares ultimately exchanged of 121,194,272, this premium comprised approximately $121.2 million of the goodwill. In addition to these factors, since the September 30, 2011 valuation date there was a reduction in the fair value of CPA®:15's net assets primarily attributable to the impact of foreign currency exchange rates during the period from September 30, 2011 to the acquisition date.
	The fair value of our 28,170,643 common shares issued in the Merger as part of the consideration paid for CPA®:15 of $1.5 billion was derived from the closing market price of our common stock on the acquisition date. As required by GAAP, the fair value related to the assets acquired and liabilities assumed, as well as the shares exchanged, has been computed as of the date we gained control, which was the closing date of the Merger, in a manner consistent with the methodology described above.
	Goodwill is not deductible for income tax purposes.
	Equity Investments and Noncontrolling Interests
	Additionally, we recognized a gain on change in control of interests of $14.7 million for the year ended December 31, 2012 related to the difference between the carrying value of $92.4 million and the fair value of $107.1 million of our previously-held equity interest in 10,389,079 shares of CPA®:15's common stock.
	The Merger also resulted in our acquisition of the remaining interests in four investments in which we already had a joint interest and accounted for under the equity method (Note 7). Upon acquiring the remaining interests in these investments, we owned 100% of these investments and thus accounted for these acquisitions as step acquisitions utilizing the purchase method of accounting. Due to the change in control of the four jointly-owned investments that occurred, we recorded an aggregate gain of approximately $6.1 million related to the difference between our carrying values and the fair values of our previously-held equity interests on the acquisition date of $48.7 million and $54.8 million, respectively. Subsequent to the Merger, we consolidate these wholly-owned investments.
	The fair values of our previously-held equity interests and our noncontrolling interests are based on the estimated fair market values of the underlying real estate and mortgage debt, both of which were determined by management relying in part on a third party. Real estate valuation requires significant judgment. We determined the significant inputs to be Level 3 with ranges for the entire portfolio as follows:
	Discount rates applied to the estimated net operating income of each property ranged from approximately 3.5% to 14.75%;
	Discount rates applied to the estimated residual value of each property ranged from approximately 5.75% to 12.5%;
	Residual capitalization rates applied to the properties ranged from approximately 7.0% to 11.5%.
	The fair market value of such property level debt was determined based upon available market data for comparable liabilities and by applying selected discount rates to the stream of future debt payments; and
	Discount rates applied to cash flows ranged from approximately 2.7% to 10%.
	No illiquidity adjustments to the equity interests or noncontrolling interests were deemed necessary as the investments are held with affiliates and do not allow for unilateral sale or financing by any of the affiliated parties. Furthermore, the discount and/or capitalization rates utilized in the appraisals also reflect the illiquidity of real estate assets. Lastly, there were no control premiums contemplated as the investments were in individual, or a portfolio of, underlying real estate and debt, as opposed to a business operation.
	Pro Forma Financial Information (Unaudited)
	The following consolidated pro forma financial information has been presented as if the Merger, including the acquisition of Marcourt, had occurred on January 1, 2011 for the years ended 2012 and 2011. The pro forma financial information is not necessarily indicative of what the actual results would have been had the Merger occurred on that date, nor does it purport to represent the results of operations for future periods.
	(Dollars in thousands, except share and per share amounts):
			Years Ended December 31,
			2012			2011
	Pro forma total revenues		$	529,331		$	542,667
	Pro forma income attributable to W. P. Carey stockholders		$	140,284		$	117,708
	Pro forma earnings per share: (a)
		Basic	$	2.03		$	1.7
		Diluted	$	2.01		$	1.7
	Pro forma weighted average shares: (b)
		Basic		68,382,378			67,990,118
		Diluted		69,071,391			68,268,738
	__________
	The pro forma income attributable to W. P. Carey stockholders reflects combined general and administrative expenses of $31.7 million and income tax expenses of $9.6 million incurred related to the Merger for the year ended December 31, 2011 as if the Merger had taken place on January 1, 2011.
	The pro forma weighted average shares outstanding for the years ended December 31, 2012 and 2011 were determined as if the 28,170,643 shares of our common stock issued to CPA®:15 stockholders in the Merger were issued on January 1, 2011.

Agreements_and_Transactions_wi

Agreements and Transactions with Related Parties	12 Months Ended
	Dec. 31, 2012
Agreements and Transactions with Related Parties	'
Agreements and Transactions with Related Parties	'
	Note 4. Agreements and Transactions with Related Parties
	Advisory Agreements with the Managed REITs
	Our predecessor had advisory agreements with each of the Managed REITs pursuant to which it earned certain fees and/or was entitled to receive cash distributions. In connection with the Merger, we entered into amended and restated advisory agreements with each of the CPA® REITs with economic terms similar to the prior agreements, which are outlined in the Annual Report on Form 10-K for the year ended December 31, 2011 as filed by our predecessor with the SEC on February 29, 2012. The amendments, which became effective as of October 1, 2012, provide for the allocation of expenses on the basis of revenues of each of the CPA® REITs rather than an allocation of time charges incurred by our personnel for each of the CPA® REITs. The CPA® REIT advisory agreements are scheduled to expire on September 30, 2013 unless otherwise renewed pursuant to their terms. The CWI advisory agreement, which was scheduled to expire on September 30, 2012, was renewed for an additional year pursuant to its terms, effective as of October 1, 2012. The following table presents a summary of revenue earned and/or cash received from the Managed REITs in connection with providing services as the advisor to the Managed REITs (in thousands):
		Years Ended December 31,
		2012			2011		2010
	Asset management revenue	$	56,666		$	66,808	$	76,246
	Structuring revenue		48,355			46,831		44,525
	Incentive, termination and subordinated disposition revenue		-			52,515		-
	Wholesaling revenue		19,914			11,664		11,096
	Reimbursed costs from affiliates		98,245			64,829		60,023
	Distributions of Available Cash		30,009			15,535		4,468
	Deferred revenue earned		8,492			5,662		-
		$	261,681		$	263,844	$	196,358
		Years Ended December 31,
		2012			2011		2010
	CPA®:14	$	-		$	59,605	$	23,387
	CPA®:15		21,563			31,489		31,172
	CPA®:16 – Global		50,825			40,555		28,478
	CPA®:17 – Global		173,262			124,465		112,386
	CWI		15,334			6,745		-
	Other		697			985		935
		$	261,681		$	263,844	$	196,358
	Asset Management Revenue
	We earn asset management revenue from each Managed REIT, which is based on average invested assets and is calculated according to the advisory agreement for each Managed REIT. For CPA®:16 – Global prior to the CPA®:14/16 Merger and for CPA®:15 prior to the Merger, this revenue generally totaled 1% per annum, with a portion of this revenue, or 0.5%, contingent upon the achievement of specific performance criteria. For CPA®:16 – Global subsequent to the CPA®:14/16 Merger, we earn asset management revenue of 0.5% of average invested assets. For CPA®:17 – Global, we earn asset management revenue ranging from 0.5% of average market value for long-term net leases and certain other types of real estate investments up to 1.75% of average equity value for certain types of securities. For CWI, we earn asset management revenue of 0.5% of the average market value of lodging-related investments. We do not earn performance revenue from CPA®:17 – Global, CWI and, subsequent to the CPA®:14/16 Merger, from CPA®:16 – Global, but we receive up to 10% of distributions of Available Cash from their operating partnerships.
	Under the terms of the advisory agreements, we may elect to receive cash or shares of stock for asset management revenue due from each Managed REIT. In 2012, we elected to receive all asset management revenue from CPA®:15 prior to the Merger in cash, while for CPA®:16 – Global, we elected to receive 50% of asset management revenue in its shares with the remaining 50% payable in cash. For CPA®:17 – Global and CWI, we elected to receive asset management revenue in their shares. For 2011, we elected to receive all asset management revenue in cash, with the exception of CPA®:17 – Global's asset management fee, which we elected to receive in its shares. For 2011, we also elected to receive performance revenue, prior to the CPA®:14/16 Merger, from CPA®:16 – Global in shares of its common stock, while for CPA®:14 prior to CPA®:14/16 Merger, and for CPA®:15 we elected to receive 80% of all performance revenue in shares of their common stock, with the remaining 20% payable in cash. We also elected to receive asset management revenue from CPA®:16 – Global in 2011 in shares of its common stock after the CPA®:14/16 Merger. For CWI, we elected to receive all asset management revenue in cash for 2011.
	Reimbursed Costs from Affiliates and Wholesaling Revenue
	The Managed REITs reimburse us for certain costs, primarily broker/dealer commissions paid on behalf of the Managed REITs and marketing and personnel costs. Pursuant to the amended and restated advisory agreements, expenses are now allocated based on the revenues of each of the CPA® REITs rather than an allocation of time charges incurred by our personnel for each of the CPA® REITs. In addition, we earn a selling commission of up to $0.65 per share sold and a dealer manager fee of up to $0.35 per share sold from CPA®:17 – Global. We also receive a selling commission of up to $0.70 per share sold and a dealer manager fee of up to $0.30 per share sold from CWI. We re-allow all or a portion of the dealer manager fees to selected dealers in the offerings. Dealer manager fees that are not re-allowed are classified as wholesaling revenue. Additionally, we earned a wholesaling fee of $0.15 per share sold in connection with CPA®:17 – Global's initial public offering through April 7, 2011. We did not earn a wholesaling fee in connection with CPA®:17 – Global's follow-on offering, which commenced on April 7, 2011.
	Pursuant to its advisory agreement, upon reaching the minimum offering amount of $10.0 million on March 3, 2011, CWI became obligated to reimburse us for all organization costs and a portion of offering costs incurred in connection with its offering, up to a maximum amount (excluding selling commissions and the dealer manager fee) of 2% of the gross proceeds of its offering and distribution reinvestment plan. Through December 31, 2012, we have incurred organization and offering costs on behalf of CWI of approximately $7.4 million. However, at December 31, 2012, CWI was only obligated to reimburse us $3.1 million of these costs because of the 2% limitation described above, and $2.7 million had been reimbursed as of that date.
	Incentive, Termination and Subordinated Disposition Revenue
	We earn revenue related to the disposition of properties by the Managed REITs, subject to subordination provisions, which will only be recognized as the relevant conditions are met. Such revenue may include subordinated disposition revenue of no more than 3% of the value of any assets sold, payable only after stockholders have received back their initial investment plus a specified preferred return, and subordinated incentive revenue of 15% of the net cash proceeds distributable to stockholders from the disposition of properties, after recoupment by stockholders of their initial investment plus a specified preferred return. We may also, in connection with the termination of the advisory agreements for the Managed REITs, be entitled to a termination payment based on the amount by which the fair value of a Managed REITs' properties, less indebtedness, exceeds investors' capital plus a specified preferred return.
	We waived any acquisition fees payable by CPA®:16 – Global under its advisory agreement with us in respect of the properties it acquired in the CPA®:14/16 Merger and also waived any disposition fees that may subsequently be payable by CPA®:16 – Global upon a sale of such assets. As the advisor to CPA®:14, we earned acquisition fees related to those properties when they were acquired by CPA®:14 and disposition fees on those properties to CPA®:16 – Global by CPA®:14 in the CPA®:14/16 Merger and, as a result, we and CPA®:16 – Global agreed that we should not receive fees upon the acquisition or disposition of the same properties by CPA®:16 – Global.
	In connection with providing a liquidity event for CPA®:14 stockholders during the second quarter of 2011 with the completion of the CPA®:14/16 Merger, we earned termination revenue of $31.2 million and subordinated disposition revenue of $21.3 million, which we elected to receive in shares of CPA®:14 and cash, respectively. In connection with the Merger with CPA®:15, we waived the subordinated disposition and termination fees we would have been entitled to receive from CPA®:15 upon its liquidation pursuant to the terms of our advisory agreement with CPA®:15. There was no gain or loss recognized in connection with waiving these subordinated disposition and termination fees.
	Structuring Revenue
	Under the terms of the advisory agreements, we earn revenue in connection with structuring and negotiating investments and related financing for the Managed REITs, which we call acquisition revenue. We may receive acquisition revenue of up to an average of 4.5% of the total cost of all investments made by each CPA® REIT. Historically, a portion of this revenue (generally 2.5%) was paid when the transaction was completed, while the remainder (generally 2%) was payable in annual installments ranging from three to eight years, provided the relevant CPA® REIT met its performance criterion. For certain types of non-long term net lease investments acquired on behalf of CPA®:17 – Global, initial acquisition revenue may range from 0% to 1.75% of the equity invested plus the related acquisition revenue, with no deferred acquisition revenue being earned. For CWI, we earn initial acquisition revenue of 2.5% of the total investment cost of the properties acquired and loans originated by us not to exceed 6% of the aggregate contract purchase price of all investments and loans with no deferred acquisition revenue being earned. We may also be entitled, subject to the Managed REIT board approval, to fees for structuring loan refinancing of up to 1% of the principal amount. This loan refinancing revenue, together with the acquisition revenue, is referred to as structuring revenue.
	Unpaid transaction fees, including accrued interest, are included in Due from affiliates in the consolidated financial statements. Unpaid transaction fees bear interest at annual rates ranging from 5% to 7%. The following tables present the amount of unpaid transaction fees and interest earned on these fees (in thousands):
							December 31,
							2012		2011
	Unpaid deferred acquisition fees						$	28,654	$	29,410
					Years Ended December 31,
					2012		2011		2010
	Interest earned on unpaid deferred acquisition fees				$	1,064	$	1,332	$	1,136
	Distributions of Available Cash and Deferred Revenue Earned
	We receive distributions of our proportionate share of earnings up to 10% of available cash from CPA®:17 – Global, CWI, and after the UPREIT reorganization, CPA®:16 – Global, as defined in the respective advisory agreements, from their operating partnerships. As discussed under “CPA®:16 – Global UPREIT Reorganization” below, we acquired the Special Member Interest in CPA®:16 – Global's operating partnership for $0.3 million during the second quarter of 2011. We initially recorded the Special Member Interest at its fair value of $28.3 million, which is net of approximately $6.0 million related to our ownership interest in CPA®:16 – Global that was eliminated in our consolidated financial statement, to be amortized into earnings over the expected period of performance. Cash distributions of our proportionate share of earnings from the CPA®:16 – Global and CPA®:17 – Global operating partnerships as well as deferred revenue earned from our Special Member Interest in CPA®:16 – Global's operating partnership are recorded as Income from equity investments in real estate and the Managed REITs within the Investment Management segment. We have not yet earned or received any distributions of our proportionate share of earnings from CWI's operating partnership because CWI has not yet generated Available Cash.
	Other Transactions with Affiliates
	Transactions with Estate of Wm. Polk Carey
	Voting Agreement
	In July 2012, we entered into a voting agreement (the “Voting Agreement”) with the Estate of Wm. Polk Carey, our Chairman and founder who passed away on January 2, 2012, pursuant to which the Estate and W. P. Carey & Co., Inc., a wholly-owned corporation of the Estate, had agreed, among other things, to vote their share of our predecessor's common stock (the “Listed Shares”) at the special meeting of W. P. Carey & Co. LLC's shareholders regarding the REIT Reorganization and Merger in favor of those transactions. The REIT Reorganization and Merger were approved by those shareholders on September 13, 2012 and the transactions closed on September 28, 2012.
	Share Purchase Agreement
	Concurrently with the execution of the Voting Agreement, we entered into a Share Purchase Agreement with the Estate pursuant to which we agreed to purchase up to an aggregate amount of $85.0 million of our common stock — or, prior to the Merger, the Listed Shares of our predecessor — beneficially owned by the Estate in the following manner: (i) prior to the date of the dissemination of the Joint Proxy Statement / Prospectus of us and CPA®:15 regarding the registration of securities with the SEC on Form S-4 in connection with the REIT Conversion and the Merger (the “Joint Proxy Statement / Prospectus”), the Estate had a one-time option to sell up to an aggregate amount of $25.0 million of Listed Shares (the “First Sale Option”), which, as discussed below, was completed on August 2, 2012; (ii) at any time following the consummation of the Merger, but on or before December 31, 2012, the Estate had a one-time option to sell up to an aggregate amount of $20.0 million of our common stock (the “Second Sale Option”), which, as discussed below, was completed on October 9, 2012; and (iii) at any time following January 1, 2013, but on or before March 31, 2013, the Estate has a one-time option to sell up to an aggregate amount of $40.0 million of our common stock (the “Third Sale Option,” and with the First Sale Option and Second Sale Option, each a “Sale Option”). In connection with the exercise of a Sale Option, we agreed to pay a per share purchase price equal to 96% of the volume-weighted-average price of one Listed Share of our predecessor, and/or one share of our common stock, as applicable, for the ten (10) business days immediately prior to the date of notification of exercise.
	On July 27, 2012, we received a notice from the Estate indicating its intention to fully exercise the First Sale Option, and as a result, on August 2, 2012, we repurchased 561,418 Listed shares for $25.0 million from the Estate at a price of $44.53 per share. On October 1, 2012, we received a notice from the Estate indicating its intention to fully exercise the Second Sale Option, and, as a result, on October 9, 2012, we repurchased an additional 410,964 shares of our common stock for $20.0 million from the Estate at a price of $48.67 per share. We used our Revolver (Note 12) to finance the repurchases pursuant to the First and Second Sale Options. We currently intend to borrow from our Revolver in order to finance the repurchase of our common stock pursuant to the remaining Third Sale Option if the Estate should decide to exercise it.
	Because the Share Purchase Agreement contains put options that, if exercised, would obligate us to settle the transactions in cash, we account for the shares of our common stock owned by the Estate as redeemable securities in accordance with ASC 480 “Distinguishing Liabilities from Equity” and Accounting Series Release No. 268 (“ASR 268”) “Presentation in Financial Statements of Redeemable Preferred Stocks.” ASR 268 requires us to reclassify a portion of our permanent equity to redeemable equity in order to reflect the future cash obligations that could arise if the Estate were to exercise the put options requiring us to purchase its shares. When the Estate exercises a Sale Option, we will reclassify the amount from temporary equity to permanent equity, and reclassify the amount from Additional paid-in capital stock to Treasury stock. Accordingly, on the date of the execution of the Share Repurchase Agreement, we reclassified $85.0 million from Additional paid-in capital to Redeemable securities – related party, which represents the maximum amount that we would be required to pay should the Estate exercise all its Sale Options. Additionally, on August 2, 2012 and October 9, 2012, when we purchased our common stock in connection with the Estate's exercise of the First and Second Sale Options, respectively, we reclassified $45.0 million from Redeemable securities – related party to Additional paid-in capital and reclassified the shares from Additional paid-in capital to Treasury stock.
	The following table presents a reconciliation of our Redeemable securities – related party (in thousands):
			Year Ended
			December 31, 2012
	Balance - beginning of year		$	-
	Reclassification from permanent equity to temporary equity			85,000
	Redemptions of securities			-45,000
	Balance - end of year		$	40,000
	Registration Rights Agreement
	Concurrently with the execution of the Voting Agreement and the Share Purchase Agreement, we and the Estate Shareholders entered into a Registration Rights Agreement (the “Registration Rights Agreement”).
	The Registration Rights Agreement provides the Estate with, at any time following the consummation of the REIT Reorganization, but on or before the third anniversary thereof, subject to certain exceptions and limitations, three demand rights (the “Demand Registration Rights”) for the registration via an underwritten public offering of, in each instance, between a minimum of (i)(a) $50.0 million with respect to one Demand Registration Right, and (b) $75.0 million with respect to two Demand Registration Rights, and a maximum of (ii) $250.0 million, worth of shares of our common stock received in the REIT Conversion in exchange for the Listed Shares of our predecessor that were owned by the Estate as of the date of the Registration Rights Agreement.
	Additionally, the Registration Rights Agreement provides the Estate Shareholders with, subject to certain exceptions and limitations, unlimited “piggyback” registration rights (the “Piggyback Registration Rights,” and together with the Demand Registration Rights, the “Estate Shareholders' Registration Rights”) pertaining to the shares of our common stock received in the REIT conversion in exchange for the Listed Shares of our predecessor that were owned by the Estate as of the date of the Registration Rights Agreement.
	The Estate Shareholders' Registration Rights are subject to customary lock-up and cutback provisions, and the Registration Rights Agreement contains customary indemnification provisions. We have agreed to bear the expenses incurred in connection with the filing of any registration statements attributable to the exercise of the Estate's Registration Rights, other than any (i) underwriting fees, discounts and sales commissions, (ii) fees, expense and disbursements of legal counsel of the Estate, and (iii) transfer taxes, in each case relating to the sale or disposition by the Estate of shares of our common stock pursuant to the Registration Rights Agreement.
We account for our obligations under the Registration Rights Agreement in accordance with ASC 450 “Contingencies,” which requires us to record a liability if the contingent loss is probable and the amount can be estimated. At December 31, 2012, we have not recorded a liability pertaining to our obligations under the Registration Rights Agreement because the amount cannot be reasonably estimated at this time and is not deemed probable.
CPA®:14/16 Merger
On May 2, 2011, CPA®:14 merged with and into a subsidiary of CPA®:16 – Global. In connection with the CPA®:14/16 Merger, on May 2, 2011, we purchased the remaining interests in three jointly-owned investments from CPA®:14, in which we already had a partial ownership interest, for an aggregate purchase price of $31.8 million, plus the assumption of $87.6 million of indebtedness.
In the CPA®:14/16 Merger, CPA®:14 shareholders were entitled to receive $11.50 per share, which was equal to the estimated NAV of CPA®:14 as of September 30, 2010. For each share of CPA®:14 stock owned, each CPA®:14 shareholder received a $1.00 per share special cash dividend and a choice of either (i) $10.50 in cash or (ii) 1.1932 shares of CPA®:16 – Global. The merger consideration of $954.5 million was paid by CPA®:16 – Global, including payment of $444.0 million to liquidating shareholders and issuing 57,365,145 shares of common stock with a fair value of $510.5 million on the date of closing to shareholders of CPA®:14 in exchange for 48,076,723 shares of CPA®:14 common stock. The $1.00 per share special cash distribution, totaling $90.4 million in the aggregate, was funded from the proceeds of the CPA®:14 Asset Sales. In connection with the CPA®:14/16 Merger, we agreed to purchase a sufficient number of shares of CPA®:16 – Global common stock from CPA®:16 – Global to enable it to pay the merger consideration if the cash on hand and available to CPA®:14 and CPA®:16 – Global, including the proceeds of the CPA®:14 Asset Sales and a new $320.0 million senior credit facility of CPA®:16 – Global, were not sufficient. Accordingly, we purchased 13,750,000 shares of CPA®:16 – Global on May 2, 2011 for $121.0 million, which we funded, along with other obligations, with cash on hand and $121.4 million drawn on our then-existing unsecured line of credit.
Upon consummation of the CPA®:14/16 Merger, we earned revenues of $31.2 million in connection with the termination of the advisory agreement with CPA®:14 and $21.3 million of subordinated disposition revenues. We elected to receive our termination revenue in 2,717,138 shares of CPA®:14, which were exchanged into 3,242,089 shares of CPA®:16 – Global in the CPA®:14/16 Merger. Upon closing of the CPA®:14/16 Merger, we received 13,260,091 shares of common stock of CPA®:16 – Global in respect of our shares of CPA®:14.
CAM waived any acquisition fees payable by CPA®:16 – Global under its advisory agreement with CAM in respect of the properties acquired in the CPA®:14/16 Merger and also waived any disposition fees that may subsequently be payable by CPA®:16 – Global upon a sale of such assets. As the advisor to CPA®:14, CAM earned acquisition fees related to those properties acquired by CPA®:14 and disposition fees on those properties upon the liquidation of CPA®:14 and, as a result, CAM and CPA®:16 – Global agreed that CAM should not receive fees upon the acquisition or disposition of the same properties by CPA®:16 – Global.
CPA®:16 – Global UPREIT Reorganization
Immediately following the CPA®:14/16 Merger on May 2, 2011, CPA®:16 – Global completed an internal reorganization whereby CPA®:16 – Global formed an UPREIT, which was approved by CPA®:16 – Global stockholders in connection with the CPA®:14/16 Merger (the “CPA®:16 – Global UPREIT Reorganization”). In connection with the formation of the UPREIT, CPA®:16 – Global contributed substantially all of its assets and liabilities to an operating partnership in exchange for a managing member interest and units of membership interest in the operating partnership, which together represent a 99.985% capital interest of the Managing Member. Through a subsidiary, we acquired a Special Member Interest of 0.015% in the operating partnership for $0.3 million, entitling us to receive certain profit allocations and distributions of cash.
As consideration for the Special Member Interest, we amended our advisory agreement with CPA®:16 – Global to give effect to this UPREIT reorganization and to reflect a revised fee structure whereby (i) our asset management fees are prospectively reduced to 0.5% from 1.0% of the asset value of a property under management, (ii) the former 15% subordinated incentive fee and termination fees have been eliminated and replaced by (iii) a 10% Special General Partner Available Cash Distribution and (iv) the 15% Final Distribution, each defined below. The sum of the new 0.5% asset management fee and the Available Cash Distribution is expected to be lower than the original 1.0% asset management fee; accordingly, the Available Cash Distribution is contractually limited to 0.5% of the value of CPA®:16 – Global's assets under management. However, the amount of after-tax cash we receive pursuant to this revised structure is anticipated to be greater than the amount we received under the previous arrangement. The fee structure related to initial acquisition fees, subordinated acquisition fees and subordinated disposition fees for CPA®:16 – Global remains unchanged.
As Special General Partner, we are entitled to 10% of the operating partnership's available cash (the “Available Cash Distribution”), which was defined as the operating partnership's cash generated from operations, excluding capital proceeds, as reduced by operating expenses and debt service, excluding prepayments and balloon payments. We may elect to receive our Available Cash Distribution in shares of CPA®:16 – Global's common stock. In the event of a capital transaction such as a sale, exchange, disposition or refinancing of CPA®:16 – Global's assets, we are also entitled to receive a Final Distribution equal to 15% of residual returns after giving effect to a 100% return of the Managing Member's invested capital plus a 6% priority return.
We initially recorded the Special Member Interest as an equity investment at its fair value of $28.3 million and an equal amount of deferred revenues (Note 7), which was net of approximately $6.0 million related to our ownership interest of approximately 17.5% in CPA®:16 – Global that was eliminated in our consolidated financial statements. We recognize the deferred revenue earned from our Special Member Interest in CPA®:16 – Global's operating partnership into earnings on a straight-line basis over the expected period of performance, which is currently estimated at three years based on the stated intended life of CPA®:16 – Global as described in its offering documents. The amount of deferred revenue recognized during the years ended December 31, 2012 and 2011 was $8.5 million and $5.7 million, respectively. The amount of deferred revenue recognized in 2012 and 2011 was net of $0.9 million and $0.6 million, respectively, in amortization associated with the basis differential generated by the Special Member Interest in CPA®:16 – Global's operating partnership and our underlying claim on the net assets of CPA®:16 – Global. We determined the fair value of the Special Member Interest based upon a discounted cash flow model, which included assumptions related to estimated future cash flows of CPA®:16 – Global and the estimated duration of the fee stream of three years. The equity investment is evaluated for impairment consistent with the policy described in Note 2. At December 31, 2012 and 2011, the unamortized balance of the deferred revenue was $12.6 million and $22.0 million, respectively.
Other
We own interests in entities ranging from 3% to 95%, as well as jointly-controlled tenancy-in-common interests in properties, with the remaining interests generally held by affiliates, and own common stock in each of the Managed REITs. We consolidate certain of these investments and account for the remainder under the equity method of accounting.
One of our directors and officers was the sole shareholder of Livho, a subsidiary that operates a hotel investment. We consolidated the accounts of Livho in our consolidated financial statements because it was a VIE and we were its primary beneficiary. In order to streamline Livho's corporate structure, in August 2012, the director and officer transferred his ownership interest in Livho for no consideration to one of our subsidiaries, Carey REIT II Inc. No gain or loss was recognized in this transaction. Immediately after the ownership transfer, we became the sole shareholder of Livho and we continue to consolidate the accounts of Livho.
Family members of one of our directors have an ownership interest in certain companies that own noncontrolling interests in one of our French majority-owned subsidiaries. These ownership interests are subject to substantially the same terms as all other ownership interests in the subsidiary companies.
A former employee owns a redeemable noncontrolling interest (Note 14) in W. P. Carey International LLC (“WPCI”), a subsidiary company that structures net lease transactions on behalf of the CPA® REITs outside of the U.S., as well as certain related entities.
During February 2011, we loaned $90.0 million at an annual interest rate of 1.15% to CPA®:17 – Global, which was repaid on April 8, 2011, its maturity date. During May 2011, we loaned $4.0 million at the 30-day LIBOR plus 2.5% to CWI which was repaid on June 6, 2011. In addition, during September 2011, we loaned $2.0 million at LIBOR plus 0.9% to CWI, of which $1.0 million was repaid on September 13, 2011 and the remaining $1.0 million was repaid on October 6, 2011. In connection with these loans, we received interest income from CWI and CPA®:17 – Global totaling $0.2 million during the year ended December 31, 2011.
For related party transactions occurred subsequent to December 31, 2012, please see Note 20.

Net_Investments_in_Properties

Net Investments in Properties	12 Months Ended
	Dec. 31, 2012
Net Investments in Properties	'
Net Investments in Properties	'
	Note 5. Net Investments in Properties
	Real Estate
	Real estate, which consists of land and buildings leased to others, at cost, and which are subject to operating leases, is summarized as follows (in thousands):
		December 31,
		2012			2011
	Land	$	509,530		$	111,483
	Buildings		1,822,083			534,999
	Less: Accumulated depreciation		-116,075			-118,054
		$	2,215,538		$	528,428
	Real Estate Acquired During 2012 — As discussed in Note 3, we acquired properties in the Merger, which increased the carrying value of our real estate by $1.8 billion during the year ended December 31, 2012. Other acquisitions of real estate during this period are disclosed in Note 4 and assets disposed of are disclosed in Note 17. Impairment charges recognized on certain properties are discussed in Note 11. During this period, the U.S. dollar weakened against the euro, as the end-of-period rate for the U.S. dollar in relation to the euro at December 31, 2012 increased by 2.1% to $1.3218 from $1.2950 at December 31, 2011. The impact of this weakening was a $12.9 million increase in Real estate from December 31, 2011 to December 31, 2012.
	On September 13, 2012, we acquired an interest in an investment leased to the Walgreens Co. at a total cost of $24.8 million, including net lease intangible assets totaling $6.6 million (Note 8) and acquisition-related costs. We updated our purchase price allocation during the fourth quarter of 2012, and recorded a measurement period adjustment of $5.3 million to reduce land and buildings and to increase net lease intangibles. We deemed this investment to be a real estate asset acquisition, and as such, we capitalized acquisition-related costs of $0.2 million. The Walgreens Co. leases are classified as operating leases.
	Real Estate Acquired During 2011 — As discussed in Note 4, in connection with the CPA®:14/16 Merger in May 2011, we purchased the remaining interests in certain investments, in which we already had a joint interest, from CPA®:14 as part of the CPA®:14 Asset Sales. These three investments, which lease properties to Checkfree, Federal Express and Amylin, had an aggregate fair value of $174.8 million at the date of acquisition. Prior to this purchase, we had consolidated the Checkfree investments and accounted for the Federal Express and Amylin investments under the equity method. As part of the transaction, we assumed the related non-recourse mortgages on the Federal Express and Amylin investments. These two mortgages and the mortgage on the Checkfree investment had an aggregate fair value of $117.1 million at the date of acquisition (Note 12). Amounts provided are the total amounts attributable to the jointly-owned investments' properties and do not represent the proportionate share that we purchased. Upon acquiring the remaining interests in the investments leased to Federal Express and Amylin, we owned 100% of these investments and accounted for these acquisitions as step acquisitions utilizing the purchase method of accounting. Due to the change in control of the investments that occurred, and in accordance with ASC 810 involving a step acquisition where control is obtained and there is a previously held equity interest, we recorded an aggregate gain of approximately $27.9 million related to the difference between our respective carrying values and the fair values of our previously held interests on the acquisition date. Subsequent to our acquisition, we consolidate all of these wholly-owned investments. The consolidation of these investments resulted in an increase of $90.2 million and $40.8 million to Real estate, net and net lease intangibles, respectively, in May 2011.
	During 2011, we reclassified real estate with a net carrying value of $17.9 million to Real estate in connection with an out-of-period adjustment (Note 2).
	Operating Real Estate
	Operating real estate, which consists of our investments in 21 self-storage properties through Carey Storage and our Livho hotel subsidiary, at cost, is summarized as follows (in thousands):
		December 31,
		2012			2011
	Land	$	22,158		$	24,031
	Buildings		77,545			85,844
	Less: Accumulated depreciation		-19,993			-17,121
		$	79,710		$	92,754
	During the year ended December 31, 2012, we recognized an impairment charge of $10.5 million on our hotel property to write down the property's carrying value to its estimated fair value as a result of a decrease in fair value and in the estimated holding period of the hotel (Note 11). In October 2013, we sold our Livho hotel (Note 17).
	Real Estate Under Construction
	At December 31, 2012, real estate under construction was $2.9 million, recorded at cost.
	Scheduled Future Minimum Rents
	Scheduled future minimum rents, which are inclusive of those properties in continuing and discontinued operations, exclusive of renewals and expenses paid by tenants and future CPI-based increases under non-cancelable operating leases, at December 31, 2012 are as follows (in thousands):
	Years Ending December 31,		Total
	2013		$	272,559
	2014			270,952
	2015			249,266
	2016			227,445
	2017			213,292
	Thereafter			1,078,071
	Total		$	2,311,585

Finance_Receivables

Finance Receivables	12 Months Ended
	Dec. 31, 2012
Finance Receivables	'
Finance Receivables	'
	Note 6. Finance Receivables
	Assets representing rights to receive money on demand or at fixed or determinable dates are referred to as finance receivables. Our finance receivable portfolios consist of our Net investments in direct financing leases and deferred acquisition fees. Operating leases are not included in finance receivables as such amounts are not recognized as an asset in the consolidated balance sheets.
	Net Investment in Direct Financing Leases
	Net investment in direct financing leases is summarized as follows (in thousands):
		December 31,
		2012			2011
	Minimum lease payments receivable	$	430,514		$	29,986
	Unguaranteed residual value		375,706			57,218
			806,220			87,204
	Less: unearned income		-430,215			-29,204
		$	376,005		$	58,000
	During 2012, we sold our net investment in a direct financing lease for $2.0 million, net of selling costs, and recognized a net loss on sale of $0.2 million. In connection with the Merger in September 2012, we acquired 15 direct financing leases with a total fair value of $315.8 million (Note 3). During the years ended December 31, 2012 and 2011, in connection with our annual reviews of the estimated residual values of our properties, we recorded no impairment charges related to direct financing leases. We recorded $1.1 million in impairment charges related to several direct financing leases in 2010. Impairment charges related primarily to other-than-temporary declines in the estimated residual values of the underlying properties due to market conditions (Note 11). In the fourth quarter of 2011, we also recorded $1.6 million in connection with an out-of-period adjustment (Note 2). At December 31, 2012 and 2011, Other assets, net included $0.2 million and less than $0.1 million, respectively, of accounts receivable related to amounts billed under these direct financing leases.
	During 2011, we reclassified $17.6 million out of Net investments in direct financing leases in connection with an out-of-period adjustment (Note 2).
	Scheduled future minimum rents, which are inclusive of those properties in continuing and discontinuing operations, exclusive of renewals and expenses paid by tenants, percentage of sales rents and future CPI-based adjustments, under non-cancelable direct financing leases at December 31, 2012 are as follows (in thousands):
	Years Ending December 31,	Total
	2013	$	34,573
	2014		32,277
	2015		31,968
	2016		30,150
	2017		29,707
	Thereafter		271,839
	Total	$	430,514
	Deferred Acquisition Fees Receivable
	As described in Note 4, we earn revenue in connection with structuring and negotiating investments and related mortgage financing for the Managed REITs. A portion of this revenue is due in equal annual installments ranging from three to four years, provided the Managed REITs meet their respective performance criteria. Unpaid deferred installments, including accrued interest, from all of the Managed REITs were included in Due from affiliates in the consolidated financial statements.
	Credit Quality of Finance Receivables
	We generally seek investments in facilities that we believe are critical to a tenant's business and that we believe have a low risk of tenant defaults. At both December 31, 2012 and 2011, none of our finance receivables were past due and we had not established any allowances for credit losses. As discussed above, we acquired 15 direct financing leases with a total fair value of $315.8 million from CPA®:15 in connection with the Merger (Note 3). There were no modifications of finance receivables for either of the years ended December 31, 2012 or 2011. We evaluate the credit quality of our tenant receivables utilizing an internal 5-point credit rating scale, with 1 representing the highest credit quality and 5 representing the lowest. The credit quality evaluation of our tenant receivables was last updated in the fourth quarter of 2012. We believe the credit quality of our deferred acquisition fees receivable falls under category 1, as the CPA® REITs are expected to have the available cash to make such payments.
	A summary of our finance receivables by internal credit quality rating is as follows (dollars in thousands):
		Number of Tenants at				Net Investments in Direct Financing Leases at
	Internal Credit Quality Indicator	December 31, 2012		31-Dec-11		December 31, 2012		31-Dec-11
	1	3		8		$	46,398	$	46,694
	2	4		2			49,764		11,306
	3	8		-			257,281		-
	4	4		-			22,562		-
	5	-		-			-		-
						$	376,005	$	58,000

Equity_Investment_in_Real_Esta

Equity Investment in Real Estate and the Managed REITs	12 Months Ended
	Dec. 31, 2012
Equity Investments in Real Estate and the Managed REITs	'
Equity Investments in Real Estate and REITs	'
	Note 7. Equity Investments in Real Estate and the Managed REITs
	We own interests in the Managed REITs and unconsolidated real estate investments. We account for our interests in these investments under the equity method of accounting (i.e., at cost, increased or decreased by our share of earnings or losses, less distributions, plus contributions and other adjustments required by equity method accounting, such as basis differences from other-than-temporary impairments). These investments are summarized below.
	Income from equity investments in real estate represents our proportionate share of the income or losses of these investments as well as certain depreciation and amortization adjustments related to other-than-temporary impairment charges. The following table presents information about our equity income from the Managed REITs and other jointly-owned investments (in thousands):
				Years Ended December 31,
				2012			2011			2010
	Equity earnings from equity investments in the Managed REITs			$	5,509		$	16,928		$	10,480
	Other-than-temporary impairment charges on CPA®:16 – Global operating partnership				-9,910			-			-
	Distributions of Available Cash (Note 4)				30,009			15,535			4,468
	Deferred revenue earned (Note 4)				8,492			5,662			-
		Equity income from the Managed REITs			34,100			38,125			14,948
	Equity earnings from other equity investments				28,292			13,103			16,044
		Total income from equity investments in real estate and the Managed REITs		$	62,392		$	51,228		$	30,992
	Managed REITs
	We own interests in the Managed REITs and account for these interests under the equity method because, as their advisor and through our ownership in their common stock, we do not exert control over, but we do have the ability to exercise significant influence on, the Managed REITs. We earn asset management and we earned performance revenue from the Managed REITs and have elected, in certain cases, to receive a portion of this revenue in the form of common stock of the Managed REITs rather than cash.
	The following table sets forth certain information about our investments in the Managed REITs (dollars in thousands):
			% of Outstanding Shares Owned at			Carrying Amount of Investment at
	Fund		December 31, 2012	31-Dec-11		December 31, 2012 (a)			31-Dec-11
	CPA®:15(b)		(c)	7.70%		$	-		$	93,650
	CPA®:16 – Global (d) (e) (f)		18.30%	17.90%			313,441			338,964
	CPA®:17 – Global(g)		1.30%	0.90%			38,977			21,277
	CWI		0.40%	0.50%			727			121
						$	353,145		$	454,012
	__________
	Includes asset management fees receivable, for which 128,992 shares, 84,595 shares and 9,842 shares of CPA®:17 – Global, CPA®:16 – Global and CWI, respectively, were issued during the first quarter of 2013.
	Prior to the Merger, we received distributions of $5.6 million, $6.9 million and $6.2 million from this investment during 2012, 2011 and 2010, respectively.
	On September 28, 2012, we acquired all the remaining interests in CPA®:15 and now consolidate this entity (Note 3).
	During the year ended December 31, 2012, we recognized other-than-temporary impairment charges totaling $9.9 million on our special member interest in CPA®:16 – Global's operating partnership to reduce the carrying value of our interest in the operating partnership to its estimated fair value (Note 9).
	At December 31, 2011, our investment in CPA®:16 – Global comprised more than 20% of our total assets. Therefore, we refer to the audited financials of CPA®:16 – Global filed on February 26, 2013.
	We received distributions of $39.7 million, $18.6 million and $4.1 million from this investment during 2012, 2011 and 2010, respectively.
	We received distributions of $16.2 million, $10.0 million and $4.7 million from this investment during 2012, 2011 and 2010, respectively.
	The following tables present preliminary combined summarized financial information for the Managed REITs. Amounts provided are expected total amounts attributable to the Managed REITs and do not represent our proportionate share (in thousands):
		December 31,
		2012		2011
	Assets	$	8,052,546	$	9,184,111
	Liabilities		-3,959,756		-4,896,116
	Redeemable noncontrolling interests		-21,747		-21,306
	Noncontrolling interests		-170,140		-330,873
	Stockholders’ equity	$	3,900,903	$	3,935,816
		Years Ended December 31,
		2012		2011			2010
	Revenues	$	809,364	$	789,933		$	737,369
	Expenses (a) (b)		-626,422		-599,822			-501,216
	Income from continuing operations	$	182,942	$	190,111		$	236,153
	Net income attributable to the Managed REITs (c) (d)	$	123,815	$	123,479		$	189,155
	_________
	Total net expenses recognized by the Managed REITs during the year ended December 31, 2012 included $3.1 million of Merger-related expenses incurred by CPA®:15, of which our share was approximately $0.2 million.
	Total net expenses recognized by the Managed REITs during the year ended December 31, 2011 included the following items related to the CPA®:14/16 Merger: (i) $78.8 million of net gains recognized by CPA®:14 in connection with selling certain properties to us, CPA®:17 – Global and third parties, of which our share was approximately $7.4 million; (ii) a net gain of $28.7 million recognized by CPA®:16 – Global in connection with the CPA®:14/16 Merger as a result of the fair value of CPA®:14 exceeding the total merger consideration, of which our share was approximately $5.0 million; (iii) $13.6 million of expenses incurred by CPA®:16 – Global related to the CPA®:14/16 Merger, of which our share was approximately $2.4 million; and (iv) a $2.8 million net loss recognized by CPA®:16 – Global in connection with the prepayment of certain non-recourse mortgages, of which our share was approximately $0.5 million.
	Inclusive of impairment charges recognized by the Managed REITs totaling $25.0 million, $57.7 million and $51.4 million during the years ended December 31, 2012, 2011 and 2010, respectively, of which $6.9 million, $45.1 million and $17.4 million were included in discontinued operations, respectively. These impairment charges reduced our income earned from these investments by approximately $4.2 million, $7.8 million and $3.0 million during the years ended December 31, 2012, 2011 and 2010, respectively.
	Amounts included net gains on sale of real estate recorded by the Managed REITs totaling $35.4 million, $45.4 million and $30.5 million during the years ended December 31, 2012, 2011 and 2010, respectively, of which $29.6 million, $16.7 million and $14.6 million, were reflected within discontinued operations, respectively.
	Interests in Unconsolidated Real Estate Investments
	We own interests in single-tenant net leased properties that are leased to corporations through noncontrolling interests (i) in partnerships and limited liability companies that we do not control but over which we exercise significant influence or (ii) as tenants-in-common subject to common control. Generally, the underlying investments are jointly-owned with affiliates. We account for these investments under the equity method of accounting.
	The following table sets forth our ownership interests in our equity investments in real estate, excluding the Managed REITs, and their respective carrying values (dollars in thousands):
			Ownership Interest	Carrying Value at December 31,
	Lessee		at December 31, 2012	2012			2011
	Schuler A.G. (a) (b) (c) (d)		67%	$	62,006		$	19,958
	Hellweg Die Profi-Baumarkte GmbH & Co. KG (Hellweg 2) (a) (c)		45%		42,387			1,062
	Advanced Micro Devices (b) (e)		33%		23,667			-
	The New York Times Company(f)		18%		20,584			19,647
	C1000 Logistiek Vastgoed B.V. (a) (b) (e)		15%		14,929			-
	Del Monte Corporation (b) (e)		50%		8,318			-
	U. S. Airways Group, Inc. (b) (g)		75%		7,995			7,415
	The Talaria Company (Hinckley) (e) (h)		30%		7,702			-
	The Upper Deck Company (b) (e)		50%		7,198			-
Waldaschaff Automotive GmbH and Wagon Automotive Nagold GmbH (a) (e)		33%		6,323			-
Builders FirstSource, Inc. (e)		40%		5,138			-
PETsMART, Inc. (e)		30%		3,808			-
Consolidated Systems, Inc. (b)		60%		3,278			3,387
Carrefour France, SAS (a)		(i)		-			20,014
Médica – France, S.A. (a)		(j)		-			4,430
Hologic, Inc.		(i)		-			4,429
Childtime Childcare, Inc.		(i)		-			4,419
Symphony IRI Group, Inc. (k) (l) (m)		(i)		-			-24
SaarOTEC (a) (e) (l)		50%		-116			-
Wanbishi Archives Co. Ltd. (a) (l) (n)		3%		-736			-
			$	212,481		$	84,737
__________
The carrying value of the investment is affected by the impact of fluctuations in the exchange rate of the foreign currency.
Represents a tenancy-in-common interest, under which the investment is under common control by us and our investment partner.
In connection with the Merger, we acquired an additional interest in this investment from CPA®:15.
We received distributions of $8.2 million, $2.4 million and $2.3 million from this investment during 2012, 2011 and 2010, respectively.
We acquired our interest in this investment in connection with the Merger (Note 3).
We received distributions of $3.2 million and $4.4 million from this investment during 2012 and 2011, respectively.
We received distributions of $2.4 million, $2.2 million and $2.5 million from this investment during 2012, 2011 and 2010, respectively.
This investment was sold in October 2013.
In connection with the Merger, we acquired the remaining interest in this investment from CPA®:15. Subsequent to the Merger, we consolidate this investment.
In April 2012, this jointly-owned entity sold its interests in the investment for approximately $76.5 million and recognized a net gain on sale of approximately $34.0 million. Our share of the gain was approximately $15.1 million. Amounts are based on the exchange rate of the euro on the date of sale.
In 2011, this jointly-owned entity sold one of its properties and distributed the proceeds to the entity partners. Our share of the proceeds was approximately $1.4 million, which exceeded our total investment in the entity at that time. During the first quarter of 2011, we recognized an other-than-temporary impairment charge of $0.2 million to reflect the decline in the estimated fair value of the entity's underlying net assets in comparison with the carrying value of our interest in this investment.
At December 31, 2012, or 2011, as applicable, we intended to fund our share of the investment's future operating deficits if the need arose. However, we had no legal obligation to pay for any of the investment's liabilities nor did we have any legal obligation to fund operating deficits.
We received distributions of $2.6 million from this investment during 2011.
We acquired our interest in this investment in 2012 as discussed below.
The following tables present combined summarized financial information of our equity investments. Amounts provided are the total amounts attributable to the investments and do not represent our proportionate share (in thousands):
	December 31,
	2012		2011
Assets	$	1,286,294	$	1,026,124
Liabilities		-799,422		-706,244
Redeemable noncontrolling interest		-21,747		-21,306
Partners’/members’ equity	$	465,125	$	298,574
			Years Ended December 31,
			2012			2011			2010
Revenues			$	108,242		$	118,819		$	146,214
Expenses				-64,453			-75,992			-79,665
Impairment charges (b)				-			-8,602			-
Income from continuing operations			$	43,789		$	34,225		$	66,549
Net income attributable to equity method investees (a) (b)			$	79,591		$	34,225		$	66,549
__________
Amount during the year ended December 31, 2012 included a net gain of approximately $34.0 million recognized by a jointly-owned entity as a result of selling its interests in the Médica investment. Our share of the gain was approximately $15.1 million.
Amount during the year ended December 31, 2011 included an impairment charge of $8.6 million incurred by a jointly-owned entity that leased property to Symphony IRI Group, Inc. in connection with a potential sale of the property, of which our share was approximately $0.4 million. The entity completed the sale in June 2011.
2012 – In December 2012, an entity in which we and CPA®:17 – Global hold 3% and 97% interests, respectively, purchased a distribution/warehouse in Japan for $52.1 million. Our share of the purchase price was approximately $1.5 million. We account for this investment under the equity method of accounting, as we do not have a controlling interest in the entity but exercise significant influence over it. In connection with this investment, the entity obtained mortgage financing on the property of $31.6 million at an annual interest rate of 2% and term of five years. Our share of the financing was approximately $0.9 million. Amounts are based on the exchange rate of the Japanese yen on the date of acquisition.

Intangible_Assets_and_Goodwill

Intangible Assets and Goodwill	12 Months Ended
	Dec. 31, 2012
Goodwill And Intangible Assets Disclosure	'
Goodwill And Intangible Assets Disclosure	'
	Note 8. Intangible Assets and Liabilities and Goodwill
	In connection with our acquisitions of properties, we have recorded net lease intangibles which are being amortized over periods ranging from one year to 40 years. In-place lease, tenant relationship and above-market rent intangibles are included in Intangible assets and goodwill, net in the consolidated financial statements. Below-market rent intangibles are included in Accounts payable, accrued expenses and other liabilities in the consolidated financial statements.
	In connection with our investment activity during the year ended December 31, 2012, comprised of the Merger (Note 3) and the Walgreens acquisition (Note 5), we have recorded net lease intangibles comprised as follows (dollars in thousands):
						Initially			Measurement			As
			Weighted-Average			Reported at			Period			Revised at
			Life			30-Sep-12			Adjustments			31-Dec-12
	Amortizable Intangible Assets
	Lease intangibles:
	In-place lease			12.9		$	413,198		$	5,322		$	418,520
	Above-market rent			11.7			284,174			790			284,964
	Total intangible assets					$	697,372		$	6,112		$	703,484
	Amortizable Intangible Liabilities
	Below-market rent			29.9		$	-79,312		$	-1,111		$	-80,423
	Above-market ground lease			11.8			-6,896			-			-6,896
	Unamortizable Intangible Liabilities
	Below-market purchase option						-16,711			314			-16,397
	Total intangible liabilities					$	-102,919		$	-797		$	-103,716
	In connection with the Merger, we recorded goodwill of $268.7 million as a result of the Merger Consideration exceeding the fair value of the assets acquired and liabilities assumed (Note 3). The goodwill was attributed to our Real Estate Ownership reporting unit as it relates to the real estate assets we acquired. The following table presents a reconciliation of our goodwill (in thousands):
			Investment			Real Estate
			Management			Ownership			Total
	Balance at January 1, 2010		$	63,607		$	-		$	63,607
	Activity			-			-			-
	Balance at December 31, 2010			63,607			-			63,607
	Activity			-			-			-
	Balance at December 31, 2011			63,607			-			63,607
	Acquisition of CPA®:15			-			268,683			268,683
	Allocation of goodwill to dispositions of properties within the reporting unit (a)			-			-3,158			-3,158
	Balance at December 31, 2012		$	63,607		$	265,525		$	329,132
	Intangible assets and liabilities and goodwill are summarized as follows (in thousands):
		December 31,
		2012									2011
		Carrying			Accumulated						Carrying			Accumulated
		Amount			Amortization			Total			Amount			Amortization		Total
	Amortizable Intangible Assets
	Management contracts	$	32,765		$	-31,283		$	1,482		$	32,765		$	-30,172	$	2,593
			32,765			-31,283			1,482			32,765			-30,172		2,593
	Lease Intangibles: (a)
	In-place lease		474,629			-27,351			447,278			62,162			-17,585		44,577
	Other intangibles		8,149			-3,406			4,743			10,968			-4,586		6,382
	Above-market rent		293,627			-13,742			279,885			9,905			-5,082		4,823
			776,405			-44,499			731,906			83,035			-27,253		55,782
	Unamortizable Goodwill and Indefinite-Lived Intangible Assets
	Goodwill		329,132			-			329,132			63,607			-		63,607
	Trade name		3,975			-			3,975			3,975			-		3,975
			333,107			-			333,107			67,582			-		67,582
	Total Intangible Assets	$	1,142,277		$	-75,782		$	1,066,495		$	183,382		$	-57,425	$	125,957
	Amortizable Intangible Liabilities
	Below-market rent	$	-86,171		$	3,227		$	-82,944		$	-6,455		$	1,482	$	-4,973
	Above-market ground lease		-6,896			103			-6,793			-			-		-
			-93,067			3,330			-89,737			-6,455			1,482		-4,973
	Unamortizable Intangible Liabilities
	Below-market purchase option		-16,711			-			-16,711			-			-		-
	Total Intangible Liabilities	$	-109,778		$	3,330		$	-106,448		$	-6,455		$	1,482	$	-4,973
	__________
	The fair value of the below-market purchase option was equal to the residual value at the date of acquisition.
	Net amortization of intangibles, including the effect of foreign currency translation, was $24.7 million, $4.0 million and $1.3 million for the years ended December 31, 2012, 2011 and 2010, respectively. Amortization of below-market rent, above-market rent and above-market ground lease intangibles is recorded as an adjustment to Lease revenues, while amortization of in-place lease and tenant relationship intangibles is included in Depreciation and amortization.
	Based on the intangible assets and liabilities recorded at December 31, 2012, scheduled annual net amortization of intangibles, which are inclusive of those properties in continuing and discontinued operations, for each of the next five years and thereafter is as follows (in thousands):
	Years Ending December 31,				Total
	2013				$	84,274
	2014					79,533
	2015					72,016
	2016					70,050
	2017					66,667
Thereafter					271,111
Total				$	643,651

Fair_Value_Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2012
Fair Value Disclosures	'
Fair Value Measurements	'
	Note 9. Fair Value Measurements
	For fair value measurements, the fair value of an asset is defined as the exit price, which is the amount that would either be received when an asset is sold or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The guidance establishes a three-tier fair value hierarchy based on the inputs used in measuring fair value. These tiers are: Level 1, for which quoted market prices for identical instruments are available in active markets, such as money market funds, equity securities and U.S. Treasury securities; Level 2, for which there are inputs other than quoted prices included within Level 1 that are observable for the instrument, such as certain derivative instruments including interest rate caps and swaps; and Level 3, for securities that do not fall into Level 1 or Level 2 and for which little or no market data exists, therefore requiring us to develop our own assumptions.
	Items Measured at Fair Value on a Recurring Basis
	The methods and assumptions described below were used to estimate the fair value of each class of financial instrument. For significant Level 3 items we have also provided the unobservable inputs along with their weighted average ranges.
	Money Market Funds — Our money market funds, which are included in Cash in the consolidated financial statements, are comprised of government securities and U.S. Treasury bills. These funds were classified as Level 1 as we used quoted prices from active markets to determine their fair values.
	Derivative Assets — Our derivative assets, which are included in Other assets, net in the consolidated financial statements, are comprised of foreign currency forward contracts and stock warrants that were acquired from CPA®:15 through the Merger. The foreign currency forward contracts were measured at fair value using readily observable market inputs, such as quotations on interest rates, and were classified as Level 2 as these instruments are custom, over-the-counter contracts with various bank counterparties that are not traded in the open market. The stock warrants were measured at fair value using internal valuation models that incorporate market inputs and our own assumptions about future cash flows. We classified these assets as Level 3 because these assets are not traded in an active market.
	Derivative Liabilities — Our derivative liabilities, which are included in Accounts payable, accrued expenses and other liabilities in the consolidated financial statements, are comprised of interest rate swaps, a substantial amount of which were acquired from CPA®:15 through the Merger (Note 10). These derivative instruments were measured at fair value using readily observable market inputs, such as quotations on interest rates. These derivative instruments were classified as Level 2 because they are custom, over-the-counter contracts with various bank counterparties that are not traded in an active market.
	Other Securities — Our other securities, which are included in Other assets, net in the consolidated financial statements, are primarily comprised of our interest in a commercial mortgage loan securitization known as the Carey Commercial Mortgage Trust (“CCMT”). We classified these assets as Level 3 because these assets are not traded in an active market. We estimated the fair value of these assets using internal valuation models that incorporate market inputs and our own assumptions about future cash flows.
	Redeemable Noncontrolling Interest — We account for the noncontrolling interest in WPCI as a redeemable noncontrolling interest. We determined the valuation of the redeemable noncontrolling interest using widely accepted valuation techniques, including expected discounted cash flows of the investment as well as the income capitalization approach, which considers prevailing market capitalization rates. We classified this liability as Level 3. Unobservable inputs for WPCI include a discount for lack of marketability, a discount rate and EBITDA multiples with weighted average ranges of 20% – 30%, 22% – 26% and 3x – 5x, respectively. Significant increases or decreases in any one of these inputs in isolation would result in significant changes in the fair value measurement.
	The following tables set forth our assets and liabilities that were accounted for at fair value on a recurring basis. Assets and liabilities presented below exclude assets and liabilities owned by equity investments (in thousands):
							Fair Value Measurements at December 31, 2012 Using:
							Quoted Prices in
							Active Markets for			Significant Other			Unobservable
							Identical Assets			Observable Inputs			Inputs
	Description			Total			(Level 1)			(Level 2)			(Level 3)
	Assets:
	Money market funds			$	231		$	231		$	-		$	-
	Derivative assets				1,745			-			25			1,720
		Total		$	1,976		$	231		$	25		$	1,720
	Redeemable Noncontrolling Interest and Liabilities:
	Redeemable noncontrolling interest			$	7,531		$	-		$	-		$	7,531
	Derivative liabilities				24,578			-			24,578			-
		Total		$	32,109		$	-		$	24,578		$	7,531
							Fair Value Measurements at December 31, 2011 Using:
							Quoted Prices in
							Active Markets for			Significant Other			Unobservable
							Identical Assets			Observable Inputs			Inputs
	Description			Total			(Level 1)			(Level 2)			(Level 3)
	Assets:
	Other securities			$	233		$	-		$	-		$	233
	Money market funds				35			35			-			-
		Total		$	268		$	35		$	-		$	233
	Redeemable Noncontrolling Interest and Liabilities:
	Redeemable noncontrolling interest			$	7,700		$	-		$	-		$	7,700
	Derivative liabilities				4,175			-			4,175			-
		Total		$	11,875		$	-		$	4,175		$	7,700
				Fair Value Measurements Using
				Significant Unobservable Inputs (Level 3 Only)
				Year Ended December 31, 2012												Year Ended December 31, 2011
				Assets												Assets
													Redeemable										Redeemable
				Other			Derivative			Total			Noncontrolling			Other			Derivative		Total		Noncontrolling
				Securities			Assets			Assets			Interest			Securities			Assets		Assets		Interest
	Beginning balance			$	233		$	-		$	233		$	7,700		$	263		$	-	$	263	$	7,546
		Total gains or losses (realized and unrealized):
			Included in earnings		10			80			90			40			-20			-		-20		1,923
			Included in other comprehensive (loss) income		-7			-			-7			6			-10			-		-10		-5
		Settlements			-236			-			-236			-			-			-		-		-
		Acquired due to Merger			-			1,640			1,640			-			-			-		-		-
		Distributions paid			-			-			-			-1,055			-			-		-		-1,309
		Redemption value adjustment			-			-			-			840			-			-		-		-455
		Amortization and accretion
	Ending balance			$	-		$	1,720		$	1,720		$	7,531		$	233		$	-	$	233	$	7,700
	The amount of total gains or losses for the period included in earnings attributable to the change in unrealized gains or losses relating to assets still held at the reporting date			$	-		$	80		$	80		$	-		$	-20		$	-	$	-20	$	-
	We did not have any transfers into or out of Level 1, Level 2 and Level 3 measurements during the years ended December 31, 2012 and 2011. Gains and losses (realized and unrealized) included in earnings for other securities are reported in Other income and (expenses) in the consolidated financial statements.
	Our other financial instruments had the following carrying values and fair values as of the dates shown (in thousands):
				December 31, 2012						31-Dec-11
		Level		Carrying Value			Fair Value			Carrying Value			Fair Value
	Non-recourse debt (a)	3		$	1,715,397		$	1,727,985		$	356,209		$	361,948
	Senior Credit Facility	2			253,000			253,000			233,160			233,160
	Deferred acquisition fees receivable (b)	3			28,654			33,632			29,410			31,638
	__________
	We determined the estimated fair value of our debt instruments using a discounted cash flow model with rates that take into account the credit of the tenants, where applicable, and interest rate risk. We also considered the value of the underlying collateral taking into account the quality of the collateral, the credit quality of the company, the time until maturity and the current market interest rate.
We determined the estimated fair value of our deferred acquisition fees based on an estimate of discounted cash flows using two significant unobservable inputs, which are the leverage adjusted unsecured spread and an illiquidity adjustment with a weighted average range of 275 – 325 bps and 50 – 100 bps, respectively. Significant increases or decreases to these inputs in isolation would result in a significant change in the fair value measurement.
We estimated that our other financial assets and liabilities (excluding net investments in direct financing leases) had fair values that approximated their carrying values at both December 31, 2012 and 2011.
Items Measured at Fair Value on a Non-Recurring Basis
We perform an assessment, when required, of the value of certain of our real estate investments. As part of that assessment, we determine the valuation of these assets using widely accepted valuation techniques, including expected discounted cash flows or an income capitalization approach, which considers prevailing market capitalization rates. We review each investment based on the highest and best use of the investment and market participation assumptions. We determined that the significant inputs used to value these investments fall within Level 3. As a result of our assessments, we calculated impairment charges based on market conditions and assumptions that existed at the time. The valuation of real estate is subject to significant judgment and actual results may differ materially if market conditions or the underlying assumptions change. Assets acquired and liabilities assumed in the Merger approximate fair value. The valuation methods related to the assets acquired, liabilities assumed, equity investments and noncontrolling interests associated with the Merger are discussed in Notes 2 and 3.
The following tables present information about our other assets that were measured on a fair value basis (in thousands):
		Year Ended December 31, 2012						Year Ended December 31, 2011						Year Ended December 31, 2010
		Total Fair Value			Total Impairment			Total Fair Value			Total Impairment			Total Fair Value			Total Impairment
		Measurements			Charges			Measurements			Charges			Measurements			Charges
Impairment Charges from Continuing Operations:
Real estate (a)		$	-		$	-		$	380		$	243		$	-		$	-
Net investments in direct financing leases (b)			-			-			-			-1,608			3,548			1,140
Equity investments in real estate (c)			17,140			9,910			1,554			206			22,846			1,394
			17,140			9,910			1,934			-1,159			26,394			2,534
Impairment Charges from Discontinued Operations:
Real estate (a)			39,642			12,495			42,207			11,838			11,662			14,241
Operating real estate (d)			5,002			10,467			-			-			-			-
Intangible assets
		$	61,784		$	32,872		$	44,141		$	10,679		$	38,056		$	16,775
__________
These fair value measurements were developed by third-party sources, subject to our corroboration for reasonableness.
In the fourth quarter of 2011, we recorded an out-of-period adjustment of $1.6 million (Note 2).
During the year ended December 31, 2012, we incurred an other-than-temporary impairment charge totaling $9.9 million, on our investment in the Special Member Interest to reduce its carrying value to its estimated fair value, which had declined. This investment's fair value was obtained using an estimate of discounted cash flows using two significant unobservable inputs, which are the discount rate and the estimated general and administrative costs as a percentage of assets under management with a weighted average range of 12.75% – 15.75% and 35 bps – 45 bps, respectively. Significant increases or decreases to these inputs in isolation would result in a significant change in the fair value measurement. The valuation was also dependent upon the estimated date of a liquidity event for CPA®:16 – Global because cash flows attributable to this investment would cease upon such event. Therefore, the fair value of this investment may decline in the future as the estimated liquidation date approaches.
During the year ended December 31, 2012, we recorded an impairment charge of $10.5 million on a hotel property to reduce its carrying value to its estimated fair value, which had declined. The fair value of the hotel property was obtained using an estimate of discounted cash flows using three significant inputs, which are capitalization rate, cash flow discount rate and residual discount rate, of 9.5%, 7.5% and 10.0%, respectively.

Risk_Management_and_Use_of_Der

Risk Management and Use of Derivative Financial Instruments	12 Months Ended
	Dec. 31, 2012
Risk Management and Use of Derivative Financial Instruments	'
Risk Management and Use of Derivative Financial Instruments	'
	Note 10. Risk Management and Use of Derivative Financial Instruments
	In the normal course of our ongoing business operations, we encounter economic risk. There are three main components of economic risk that impact us: interest rate risk, credit risk and market risk. We are primarily subject to interest rate risk on our interest-bearing liabilities. Credit risk is the risk of default on our operations and our tenants' inability or unwillingness to make contractually required payments. Market risk includes changes in the value of our properties and related loans, as well as changes in the value of our other securities and the shares we hold in the Managed REITs due to changes in interest rates or other market factors. In addition, we own investments in the European Union and are subject to the risks associated with changing foreign currency exchange rates.
	Use of Derivative Financial Instruments
	When we use derivative instruments, it is generally to reduce our exposure to fluctuations in interest rates and foreign currency exchange rate movements. We have not entered, and do not plan to enter into, financial instruments for trading or speculative purposes. The primary risks related to our use of derivative instruments are that a counterparty to a hedging arrangement could default on its obligation or that the credit quality of the counterparty may be downgraded to such an extent that it impairs our ability to sell or assign our side of the hedging transaction. While we seek to mitigate these risks by entering into hedging arrangements with counterparties that are large financial institutions that we deem to be creditworthy, it is possible that our hedging transactions, which are intended to limit losses, could adversely affect our earnings. Furthermore, if we terminate a hedging arrangement, we may be obligated to pay certain costs, such as transaction or breakage fees. We have established policies and procedures for risk assessment and the approval, reporting and monitoring of derivative financial instrument activities.
	We measure derivative instruments at fair value and record them as assets or liabilities, depending on our rights or obligations under the applicable derivative contract. Derivatives that are not designated as hedges must be adjusted to fair value through earnings. For a derivative designated and qualified as a cash flow hedge, the effective portion of the change in fair value of the derivative is recognized in Other comprehensive income until the hedged item is recognized in earnings. The ineffective portion of a derivative's change in fair value is immediately recognized in earnings.
	The following table sets forth certain information regarding our derivative instruments (in thousands):
	Derivatives Designated				Asset Derivatives Fair Value at						Liability Derivatives Fair Value at
	as Hedging Instruments		Balance Sheet Location		December 31, 2012			31-Dec-11			December 31, 2012			31-Dec-11
	Foreign currency contracts		Other assets, net		$	-		$	-		$	-		$	-
	Interest rate cap		Other assets, net			25			-			-			-
	Foreign currency contracts		Accounts payable, accrued
			expenses and other liabilities			-			-			-2,067			-
	Interest rate swaps		Accounts payable, accrued			-			-			-5,825			-4,175
			expenses and other liabilities
	Derivatives Not Designated
	as Hedging Instruments
	Stock warrants (a)		Other assets, net			1,720			-			-			-
	Interest rate swaps (a)		Accounts payable, accrued
			expenses and other liabilities			-			-			-16,686			-
	Total derivatives				$	1,745		$	-		$	-24,578		$	-4,175
	__________
	As described below, we acquired these instruments from CPA®:15 in the Merger.
	The following table presents the impact of derivative instruments on the consolidated financial statements (in thousands):
			Amount of Gain (Loss) Recognized in
			Other Comprehensive Income on Derivatives (Effective Portion)
			Years Ended December 31,
	Derivatives in Cash Flow Hedging Relationships		2012			2011			2010
	Interest rate swaps		$	-1,059		$	-3,564		$	-45
	Interest rate cap			277			-			-
	Foreign currency contracts			-1,480			-			-
	Total		$	-2,262		$	-3,564		$	-45
			Amount of Gain (Loss) Reclassified from Other Comprehensive Income
			into Income (Effective Portion)
			Years Ended December 31,
	Derivatives in Cash Flow Hedging Relationships		2012			2011			2010
	Interest rate swaps		$	-1,442		$	-		$	-
	Foreign currency contracts			-186
	Total		$	-1,628		$	-		$	-
					Amount of Gain (Loss) Recognized in
					Income on Derivatives
			Location of Gain (Loss)		Years Ended December 31,
	Derivatives Not in Cash Flow Hedging Relationships		Recognized in Income		2012			2011			2010
	Interest rate swaps		Other income and (expenses)		$	429		$	-		$	-
	Stock warrants		Other income and (expenses)			108			-			-
	Total				$	537		$	-		$	-
	See below for information on our purposes for entering into derivative instruments and for information on derivative instruments owned by unconsolidated entities, which are excluded from the tables above.
	Interest Rate Swaps and Caps
	We are exposed to the impact of interest rate changes primarily through our borrowing activities. To limit this exposure, we attempt to obtain mortgage financing on a long-term, fixed-rate basis. However, from time to time, we or our investment partners may obtain variable-rate non-recourse mortgage loans and, as a result, may enter into interest rate swap agreements or interest rate cap agreements with counterparties. Interest rate swaps, which effectively convert the variable-rate debt service obligations of the loan to a fixed rate, are agreements in which one party exchanges a stream of interest payments for a counterparty's stream of cash flow over a specific period. The notional, or face, amount on which the swaps are based is not exchanged. Interest rate caps limit the effective borrowing rate of variable-rate debt obligations while allowing participants to share in downward shifts in interest rates. Our objective in using these derivatives is to limit our exposure to interest rate movements.
	The interest rate swaps that we had outstanding on our consolidated subsidiaries at December 31, 2012 were designated as cash flow hedges and are summarized as follows (currency in thousands):
					Notional			Effective		Effective		Expiration		Fair Value at
	Description		Type		Amount			Interest Rate		Date		Date		December 31, 2012 (a)
	3-Month Euro Interbank Offering Rate (“Euribor”)		Interest rate cap		€	69,457		2.00%		Dec-12		Dec-14		$	25
	3-Month Euribor		“Pay-fixed” swap		€	6,286		4.20%		Mar-08		Mar-18			-1,392
	1-Month LIBOR		“Pay-fixed” swap		$	33,631		3.00%		Jul-10		Jul-20			-3,624
	1-Month LIBOR		“Pay-fixed” swap		$	25,714		3.90%		Aug-12		Aug-22			-403
	1-Month LIBOR		“Pay-fixed” swap		$	6,905		4.40%		Jun-12		Mar-22			-122
	1-Month LIBOR		“Pay-fixed” swap		$	4,414		3.00%		Apr-10		Apr-15			-247
	1-Month LIBOR		“Pay-fixed” swap		$	3,500		3.70%		Dec-12		Feb-19			-37
														$	-5,800
	__________
	Amounts are based on the applicable exchange rate of the euro at December 31, 2012.
	The interest rate swaps that we had outstanding on our consolidated subsidiaries at December 31, 2012 were not designated as hedging and are summarized as follows (currency in thousands):
					Notional			Effective		Effective		Expiration		Fair Value at
Description (a) (c)		Type		Amount			Interest Rate		Date		Date		December 31, 2012 (b)
3-Month Euribor		“Pay-fixed” swap		€	100,000		3.70%		Jul-06		Jul-16		$	-15,462
3-Month Euribor		“Pay-fixed” swap		€	15,970		0.90%		Apr-12		Jul-13			-86
3-Month Euribor		“Pay-fixed” swap		€	6,975		4.40%		Apr-08		Oct-15			-523
3-Month Euribor		“Pay-fixed” swap		€	5,479		4.30%		Apr-07		Jul-16			-615
													$	-16,686
__________
These interest rate swaps were acquired from CPA®:15 in the Merger. They do not qualify for hedge accounting; however, they do protect against fluctuations in interest rates related to the variable-rate debt we acquired in the Merger.
Amounts are based on the applicable exchange rate of the euro at December 31, 2012.
Notional and fair value amounts include, on a combined basis, portions attributable to noncontrolling interests totaling $33.7 million and $(4.2) million, respectively.
The interest rate caps that our unconsolidated jointly-owned investments had outstanding at December 31, 2012 were designated as cash flow hedges and are summarized as follows (currency in thousands):
		Ownership
		Interest at				Notional							Effective		Expiration	Fair Value at
Description		December 31, 2012		Type		Amount			Cap Rate		Spread		Date		Date	December 31, 2012
3-Month LIBOR (a)		17.80%		Interest rate cap		$	119,185		4.00%		4.80%		Aug-09		Aug-14	$	1
1-Month LIBOR (b)		79.00%		Interest rate cap			17,275		3.00%		4.00%		Sep-09		Apr-14		-
																$	1
__________
The applicable interest rate of the related loan was 2.9% at December 31, 2012; therefore, the interest rate cap was not being utilized at that date.
The applicable interest rate of the related loan was 4.2% at December 31, 2012; therefore, the interest rate cap was not being utilized at that date. The fair value for this interest rate cap was less than $0.1 million at December 31, 2012.
Foreign Currency Contracts
We are exposed to foreign currency exchange rate movements. We manage foreign currency exchange rate movements by generally placing both our debt obligation to the lender and the tenant's rental obligation to us in the same currency. This reduces our overall exposure to the actual equity that we have invested and the equity portion of our cash flow. However, we are subject to foreign currency exchange rate movements to the extent of the difference in the timing and amount of the rental obligation and the debt service. We may also face challenges with repatriating cash from our foreign investments. We may encounter instances where it is difficult to repatriate cash because of jurisdictional restrictions or because repatriating cash may result in current or future tax liabilities. Realized and unrealized gains and losses recognized in earnings related to foreign currency transactions are included in Other income and (expenses) in the consolidated financial statements.
In order to hedge certain of our foreign currency cash flow exposures, we enter into foreign currency forward contracts. A foreign currency forward contract is a commitment to deliver a certain amount of currency at a certain price on a specific date in the future. By entering into forward contracts, we are locked into a future currency exchange rate for the term of the contract. These instruments guarantee that the exchange rate will not fluctuate beyond the range of the options' strike prices.
The following table presents the foreign currency derivative contracts we had outstanding at December 31, 2012 which were designated as cash flow hedges (currency in thousands, except strike price):
		Notional			Strike			Effective		Expiration		Fair Value at
Type		Amount			Price			Date		Date		December 31, 2012 (a)
Foreign currency forward contracts		€	50,648		$	1.27 - 1.30		May-12		3/2013 - 6/2017		$	-2,051
Foreign currency forward contracts		€	8,700		$	1.34 - 1.35		Dec-12		9/2017 - 3/2018			-16
												$	-2,067
__________
Amounts are based on the applicable exchange rate of the euro at December 31, 2012.
Stock Warrants
In connection with the Merger, we acquired warrants from CPA®:15, which were granted by Hellweg to CPA®:15 in connection with structuring the initial lease transaction, for a total cost of $1.6 million, which was the fair value of the warrants on the date of acquisition. These warrants give us participation rights to any distributions made by Hellweg 2. In addition, we are entitled to a cash distribution that equals a certain percentage of the liquidity event price of Hellweg 2, should a liquidity event occur. Because these warrants are readily convertible to cash and provide for net cash settlement upon conversion, we account for them as derivative instruments. At December 31, 2012, these warrants had a fair value of $1.7 million.
Other
Amounts reported in Other comprehensive income related to interest rate swaps will be reclassified to interest expense as interest payments are made on our variable-rate debt. Amounts reported in Other comprehensive income related to foreign currency contracts will be reclassified to Other income and (expenses) when the hedged foreign currency proceeds from foreign operations are repatriated to the U.S. At December 31, 2012, we estimate that an additional $1.9 million will be reclassified as interest expense during the next 12 months related to our interest rate swaps.
We measure our credit exposure on a counterparty basis as the net positive aggregate estimated fair value of our derivatives, net of collateral received, if any. No collateral was received as of December 31, 2012. At December 31, 2012, our total credit exposure and the maximum exposure to any single counterparty was less than $0.1 million, inclusive of noncontrolling interest.
Some of the agreements we have with our derivative counterparties contain certain credit contingent provisions that could result in a declaration of default against us regarding our derivative obligations if we either default or are capable of being declared in default on certain of our indebtedness. At December 31, 2012, we had not been declared in default on any of our derivative obligations. The estimated fair value of our derivatives that were in a net liability position was $25.7 million, which included accrued interest but excluded any adjustment for nonperformance risk. If we had breached any of these provisions at December 31, 2012, we could have been required to settle our obligations under these agreements at their aggregate termination value of $27.3 million.
Portfolio Concentration Risk
Concentrations of credit risk arise when a group of tenants is engaged in similar business activities or is subject to similar economic risks or conditions that could cause them to default on their lease obligations to us. We regularly monitor our portfolio to assess potential concentrations of credit risk. While we believe our portfolio is reasonably well diversified, it does contain concentrations in excess of 10%, based on the percentage of our annualized contractual minimum base rent for the fourth quarter of 2012, in certain areas, as shown in the table below. The percentages in the table below represent our directly-owned real estate properties and do not include our pro rata share of equity investments.
		December 31, 2012
Region:
California		10%
Other U.S.		62%
	Total U.S	72%
	Total Europe	28%
	Total	100%
Asset Type:
Office		29%
Industrial		19%
Warehouse/Distribution		15%
Retail		14%
Self storage		10%
All others		13%
	Total	100%
Tenant Industry:
Retail		20%
All other		80%
		100%
Except for our investment in CPA®:16 – Global, there were no significant concentrations, individually or in the aggregate, related to our unconsolidated jointly-owned investments. At December 31, 2012, we owned approximately 18.3% of CPA®:16 – Global, which had total assets at that date of approximately $3.4 billion consisting of a portfolio comprised of two hotel properties and full or partial ownership interests in 498 properties substantially all of which were triple-net leased to 144 tenants, and has certain concentrations within its portfolio, which are outlined in its periodic filings.

Impairment_Charges

Impairment Charges	12 Months Ended
	Dec. 31, 2012
Impairment Charges	'
Impairment Charges	'
	Note 11. Impairment Charges
	The following table summarizes impairment charges recognized on our consolidated and unconsolidated real estate investments for all periods presented (in thousands):
			Years Ended December 31,
			2012		2011		2010
	Real estate		$	-	$	243	$	-
	Net investments in direct financing leases			-		-1,608		1,140
		Total impairment charges included in expenses		-		-1,365		1,140
	Equity investments in real estate (a)			9,910		206		1,394
		Total impairment charges included in continuing operations		9,910		-1,159		2,534
	Impairment charges included in discontinued operations			22,962		11,838		14,241
		Total impairment charges	$	32,872	$	10,679	$	16,775
	__________
	(a)       Impairment charges on our equity investments in real estate are included in Income from equity investments in real estate and the Managed REITs within the consolidated financial statements.
	Real Estate
	During the year ended December 31, 2011, we recognized an impairment charge of $0.2 million on a domestic property. This impairment was the result of writing down the property's carrying value to its estimated fair value in connection with the tenant vacating the property.
	Direct Financing Leases
	In connection with our annual review of the estimated residual values on our properties classified as net investments in direct financing leases, we determined that an other-than-temporary decline in estimated residual value had occurred at various properties due to market conditions. The changes in estimates resulted in the recognition of impairment charges totaling $1.1 million in 2010. In the fourth quarter of 2011, we recorded an out-of-period adjustment of $1.6 million (Note 2).
	Equity Investments in Real Estate
	During the year ended December 31, 2012, we recognized an other-than-temporary impairment charge of $9.9 million on our Special Member Interest in CPA®:16 – Global's operating partnership to reduce the carrying value of our interest in the operating partnership to its estimated fair value (Note 9). During the year ended December 31, 2011, we recognized an other-than-temporary impairment charge of $0.2 million on a jointly-held real estate investment as a result of the sale of the property. In connection with our annual review of the fair value of our equity investments, we recognized an other-than-temporary impairment charge of $1.4 million during the year ended December 31, 2010 to reflect the decline in the estimated fair value of the investment's underlying net assets in comparison with the carrying value of our interest in the investment.
	Properties Sold or Held for Sale
	During the years ended December 31, 2012, 2011 and 2010, we recognized impairment charges on properties sold or held for sale totaling $23.0 million, $11.8 million, and $14.2 million, respectively. These impairment charges, which are included in discontinued operations, were the result of reducing these properties' carrying values to their estimated fair values (Note 17) in connection with and prior to anticipated sales.

Debt

Debt	12 Months Ended
	Dec. 31, 2012
Debt Disclosure	'
Debt	'
	Note 12. Debt
	Senior Credit Facility
	In February 2012, we amended and restated our existing credit agreement (the “Amended and Restated Credit Agreement”) to increase the maximum aggregate principal amount from $450.0 million to $625.0 million, which is comprised of a $450.0 million unsecured revolving credit facility (the “Revolver”) and a $175.0 million term loan facility (the “Term Loan Facility” and, together with the Revolver, the “Senior Credit Facility.”) The Term Loan Facility was available in a single draw for use solely to finance the cash portion of the Merger Consideration and transaction costs and expenses. We drew down the full amount of the Term Loan Facility on September 28, 2012 in connection with the closing of the Merger. The Senior Credit Facility matures in December 2014, but may be extended by one year at our option, subject to the conditions provided in the Amended and Restated Credit Agreement. At our election, the principal amount available under the Senior Credit Facility may be increased by up to an additional $125.0 million, subject to the conditions provided in the Amended and Restated Credit Agreement. The Senior Credit Facility also permits (i) up to $150.0 million to be borrowed in certain currencies other than the U.S. dollar, (ii) swing line loans of up to $35.0 million, and (iii) the issuance of letters of credit in an aggregate amount not to exceed $50.0 million.
	The Senior Credit Facility provides for an annual interest rate, at our election, of either (i) the Eurocurrency Rate or (ii) the Base Rate, in each case plus the Applicable Rate (each as defined in the Amended and Restated Credit Agreement). Prior to us obtaining an Investment Grade Debt Rating (as defined in the Amended and Restated Credit Agreement), the Applicable Rate on Eurocurrency Rate loans and letters of credit ranges from 1.75% to 2.50% (based on LIBOR) and the Applicable Rate on Base Rate loans ranges from 0.75% to 1.50% (based on the “prime rate”, defined in the Amended and Restated Credit Agreement as a rate of interest set by the Bank of America based upon various factors including Bank of America's costs and desired returns). After an Investment Grade Debt Rating has been obtained, the Applicable Rate on Eurocurrency Rate loans and letters of credit ranges from 1.10% to 2.00% (based on LIBOR) and the Applicable Rate on Base Rate loans ranges from 0.10% to 1.00% (based on the “prime rate”). Swing line loans will bear interest at the Base Rate plus the Applicable Rate then in effect. In addition, prior to obtaining an Investment Grade Debt Rating, we pay a quarterly fee ranging from 0.3% to 0.4% of the unused portion of the line of credit, depending on our leverage ratio. After an Investment Grade Debt Rating has been obtained, we will pay a facility fee ranging from 0.2% to 0.4% of the total commitment. In connection with the amendments of the credit agreement, we incurred costs of $7.0 million, which are being amortized over the remaining term of the facility.
	Availability under the Senior Credit Facility is dependent upon a number of factors, including the Unencumbered Property NOI, the Unencumbered Management EBITDA and the Total Unsecured Outstanding Indebtedness (each as defined in the Amended and Restated Credit Agreement). At December 31, 2012, availability under the Senior Credit Facility was $625.0 million, of which we had drawn $253.0 million, including $175.0 million under the Term Loan which we used to pay for the cash portion of the Merger Consideration (Note 3). At December 31, 2012, we paid interest on the Senior Credit Facility at an annual interest rate consisting of LIBOR plus 2.00%. In addition, as of December 31, 2012, our lenders had issued letters of credit totaling $5.4 million on our behalf in connection with certain contractual obligations, which reduce amounts that may be drawn under the Revolver. The Revolver is currently expected to be utilized primarily for potential new investments; repayment of existing debt and general corporate purposes as well as for repurchases of our common stock from the Estate Shareholders (Note 4).
	We are required to ensure that the total Restricted Payments (as defined in the Amended and Restated Credit Agreement) made in the current quarter, when added to the total for the three preceding fiscal quarters, does not exceed the greater of (i) 95% of Adjusted Funds from Operations (as defined in the Amended and Restated Credit Agreement) and (ii) the amount of Restricted Payments required in order for us to maintain our REIT status. Restricted Payments include quarterly dividends and the total amount of shares repurchased by us, if any, in excess of $50.0 million per year. In addition to placing limitations on dividend distributions and share repurchases, the Amended and Restated Credit Agreement stipulates certain financial covenants. We were in compliance with all of these covenants at December 31, 2012.
	Non-Recourse Debt
	Non-recourse debt consists of mortgage notes payable, which are collateralized by the assignment of real property, and direct financing leases, with an aggregate carrying value of approximately $2.0 billion at December 31, 2012. Our mortgage notes payable had fixed annual interest rates ranging from 2.7% to 10.0% and variable effective annual interest rates ranging from 1.2% to 7.6% with maturity dates ranging from 2013 to 2026 at December 31, 2012.
	2012 — In connection with the Merger (Note 3), we assumed property level debt comprised of 9 variable-rate and 58 fixed-rate non-recourse mortgage loans with fair values totaling $295.2 million and $1.1 billion, respectively, on the acquisition date and recorded an aggregate net fair market value adjustment of $14.8 million at that date. The fair market value adjustment will be amortized to interest expense over the remaining lives of the related loans using the effective interest rate method. These fixed-rate and variable-rate mortgages had weighted-average annual interest rates of 5.08% and 5.03%, respectively. The weighted-average annual interest rate for the variable-rate mortgages was calculated using the applicable interest rates on the date of the Merger.
	During the year ended December 31, 2012, we refinanced four maturing non-recourse mortgages totaling $21.2 million with new financing totaling $23.8 million. These mortgage loans have a weighted-average annual interest rate and term of 4.2% and 11.5 years, respectively.
	2011 — In connection with our acquisition of three properties from CPA®:14 in May 2011 as part of the CPA®:14 Asset Sales (Note 4), we assumed two non-recourse mortgage loans with an aggregate fair value of $87.6 million (and a carrying value of $88.7 million) on the date of acquisition and recorded a net fair market value adjustment of $1.1 million. The fair market value adjustment will be amortized to interest expense over the remaining lives of the loans. These mortgage loans have a weighted-average annual fixed interest rate and remaining term of 5.8% and 8.3 years, respectively.
	During the year ended December 31, 2011, we refinanced two maturing non-recourse mortgage loans totaling $10.5 million with new financing totaling $11.9 million and obtained new financing on two unencumbered properties totalling $29.0 million. These mortgage loans have a weighted-average annual interest rate and term of 5.1% and 10.4 years, respectively. Additionally, during the year ended December 31, 2011, the Carey Storage borrowed a total of $4.6 million, inclusive of amounts attributable to the third-party's interest of $2.8 million, with a weighted-average annual interest rate and term of 6.7% and 8.2 years, respectively.
	2010 — In connection with an acquisition in February 2010, we obtained non-recourse mortgage financing of $35.0 million at an annual interest rate of LIBOR plus 2.5% that has been fixed at 5.5% through the use of an interest rate swap. This financing has a term of 10 years.
	In connection with their acquisitions in 2010, the Carey Storage and an entity 100% owned by Carey Storage obtained new non-recourse mortgage financing and assumed existing mortgage loans from the sellers totaling $17.1 million, inclusive of amounts attributable to the Investor's interest of $8.2 million. The mortgage loans have a weighted-average annual fixed interest rate and term of 6.3% and 8.5 years, respectively.
	Scheduled Debt Principal Payments
	Scheduled debt principal payments for each of the next five calendar years following December 31, 2012, and thereafter are as follows (in thousands):
	Years Ending December 31,		Total (a)
	2013		$	174,648
	2014 (b)			631,345
	2015			240,681
	2016			87,223
	2017			125,999
	Thereafter through 2037			725,257
				1,985,153
	Unamortized discount			-16,756
		Total	$	1,968,397
	__________
	Certain amounts are based on the applicable foreign currency exchange rate at December 31, 2012.
	Includes $78.0 million outstanding under our Revolver and $175.0 million outstanding under our Term Loan Facility at December 31, 2012, each of which is scheduled to mature in 2014 unless extended pursuant to its terms.

Commitments_and_Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2012
Commitments and Contingencies Disclosure	'
Commitments and Contingencies Disclosure	'
	Note 13. Commitments and Contingencies
	At December 31, 2012, we were not involved in any material litigation.
	For a description of an agreement that we entered into regarding repurchases of our common stock from the Estate Shareholders, see Note 4.
	Various claims and lawsuits arising in the normal course of business are pending against us. The results of these proceedings are not expected to have a material adverse effect on our consolidated financial position or results of operations.

Equity

Equity	12 Months Ended
	Dec. 31, 2012
Equity	'
Equity	'
	Note 14. Equity
	Distributions
	Distributions paid to stockholders consist of ordinary income, capital gains, return of capital or a combination thereof for income tax purposes. The following table presents distributions per share, declared and paid in October 2012, reported for federal tax purposes and serves as a designation of capital gain distributions, if applicable, pursuant to Internal Revenue Code Section 857(b)(3)(C) and Treasury Regulation § 1.857-6(e):
		Distributions Paid on
		16-Oct-12
	Ordinary income	$	0.6228
	Return of capital		0.0272
	Total distributions	$	0.65
	We declared a quarterly distribution of $0.6600 per share in December 2012, which was paid in January 2013 to stockholders of record at December 31, 2012; and a quarterly distribution of $0.5630 per share in December 2011, which was paid in January 2012 to stockholders of record at December 31, 2011.
	Redeemable Noncontrolling Interest
	On June 30, 2003, WPCI granted an incentive award to two officers of WPCI consisting of 1,500,000 restricted units, representing an approximate 13% interest in WPCI, and 1,500,000 options for WPCI units with a combined fair value of $2.5 million at that date. Both the options and restricted units vested ratably over five years, with full vesting occurring December 31, 2007. During 2008, the officers exercised all of their 1,500,000 options to purchase 1,500,000 units of WPCI at $1.00 per unit. Upon the exercise of the WPCI options, the officers had a total interest of approximately 23% in WPCI. The terms of the vested restricted units and units received in connection with the exercise of options of WPCI by noncontrolling interest holders provided that the units could be redeemed, commencing December 31, 2012 and thereafter, solely in exchange for our shares and that any redemption would be subject to a third-party valuation of WPCI.
	In December 2009, one of those officers resigned from W. P. Carey, WPCI and all affiliated entities pursuant to a mutually agreed separation. In October 2012, the remaining officer's employment with W. P. Carey, WPCI and all affiliated entities was terminated. At December 31, 2012, this former employee has a total interest of approximately 7.7% in each of WPCI and the related entities. We account for the noncontrolling interest in WPCI held by this former employee as a redeemable noncontrolling interest, as we have an obligation to repurchase the interest from that individual, at his election and subject to certain conditions. The individual's interest is reflected at estimated redemption value for all periods presented.
	The following table presents a reconciliation of redeemable noncontrolling interest (in thousands):
		Years Ended December 31,
		2012			2011		2010
	Beginning balance	$	7,700		$	7,546	$	7,692
	Redemption value adjustment		840			-455		-471
	Net income		40			1,923		1,293
	Distributions		-1,055			-1,309		-956
	Change in other comprehensive (loss) income		6			-5		-12
	Ending balance	$	7,531		$	7,700	$	7,546
	Transfers to Noncontrolling Interest
	The following table presents a reconciliation of the effect of transfers in noncontrolling interest (in thousands):
					Years Ended December 31,
					2012		2011		2010
	Net income attributable to W. P. Carey				$	62,132	$	139,079	$	73,972
		Transfers to noncontrolling interest
			Decrease in W. P. Carey’s additional paid-in capital for purchase of 50 Rock			-154		-		-
			Decrease in W. P. Carey’s additional paid-in capital for purchase of CheckFree Holdings, Inc.			-		-5,879		-
				Net transfers to noncontrolling interest		-154		-5,879		-
		Change from net income attributable to W. P. Carey and transfers to noncontrolling interest			$	61,978	$	133,200	$	73,972
	Accumulated Other Comprehensive Loss
	The following table presents the components of accumulated other comprehensive loss reflected in equity, net of tax. Amounts include our proportionate share of other comprehensive income or loss from our unconsolidated investments (in thousands):
		December 31,
		2012			2011
	Unrealized gain on marketable securities	$	31		$	37
	Unrealized loss on derivative instruments		-6,029			-5,246
	Foreign currency translation adjustment		1,349			-3,298
	Accumulated other comprehensive loss	$	-4,649		$	-8,507
	Earnings Per Share
	To determine earnings per share, all unvested share-based payment awards that contain non-forfeitable rights to distributions are considered to be participating securities and therefore are included in the computation of earnings per share under the two-class method. The two-class method is an earnings allocation formula that determines earnings per share for each class of common shares and participating security according to dividends declared (or accumulated) and participation rights in undistributed earnings. Our unvested RSUs contain rights to receive non-forfeitable distribution equivalents, and therefore we apply the two-class method of computing earnings per share. The calculation of earnings per share below excludes the income attributable to the unvested RSUs from the numerator. The following table summarizes basic and diluted earnings per share for the periods indicated (in thousands, except share amounts):
		Years Ended December 31,
		2012			2011		2010
	Net income attributable to W. P. Carey	$	62,132		$	139,079	$	73,972
	Allocation of earnings to participating unvested RSUs		-535			-2,130		-440
	Net income – basic		61,597			136,949		73,532
	Income effect of dilutive securities, net of taxes		23			1,076		724
	Net income – diluted	$	61,620		$	138,025	$	74,256
	Weighted average shares outstanding – basic		47,389,460			39,819,475		39,514,746
	Effect of dilutive securities		689,014			278,620		493,148
	Weighted average shares outstanding – diluted		48,078,474			40,098,095		40,007,894
	Securities included in our diluted earnings per share determination consist of stock options and restricted stock awards. Securities totaling 207,258 shares and 247,750 shares for the years ended December 31, 2011 and 2010, respectively, were excluded from the earnings per share computations above as their effect would have been anti-dilutive. For information on long-term incentive plan awards issued to key employees subsequent to December 31, 2012 that could have a dilutive impact on our earnings per share calculation, please see Note 20.
	Sale of Common Shares
	On October 19, 2012, we entered into an agreement to sell 937,500 shares of our common stock to an institutional investor, which were issued pursuant to our existing shelf registration statement. The shares were issued in a privately negotiated transaction at a purchase price of $48.00 per share. The proceeds to us from the sale of these shares were $45.0 million. We delivered the shares to the institutional investor on October 19, 2012.

StockBased_and_Other_Compensat

Stock-Based and Other Compensation	12 Months Ended
	Dec. 31, 2012
Stock-Based and Other Compensation	'
Stock-Based and Other Compensation	'
	Note 15. Stock-Based and Other Compensation
	Stock-Based Compensation
	At December 31, 2012, we maintained several stock-based compensation plans as described below. The total compensation expense (net of forfeitures) for awards issued under these plans was $26.2 million, $17.8 million and $7.4 million for the years ended December 31, 2012, 2011 and 2010, respectively, all of which are included in General and administrative expenses in the consolidated financial instruments. As compared to the prior year, stock-based compensation expense for the year ended December 31, 2012 increased by $8.1 million due to awards issued during 2012 with higher fair values as a result of the increase in our stock price between the two years. In addition, 2012 included an additional $2.8 million of compensation expense as a result of our revision of the expected vesting of PSUs granted during 2009 and 2010 and a reduction related to our revision in our expected forfeitures of $2.5 million. The tax benefit recognized by us related to these awards totaled $16.2 million, $7.8 million and $3.3 million for the years ended December 31, 2012, 2011 and 2010, respectively.
	In connection with the Merger in September 2012, we adopted and assumed all of the stock-based compensation plans of our predecessor and all of its obligations thereunder. There has been no significant activity or changes to the terms and conditions of any of our stock-based compensation plans or arrangements during 2012, other than as described below.
	2009 Incentive Plan and 1997 Incentive Plans
	We maintain the 1997 Share Incentive Plan (as amended, the “1997 Incentive Plan”), which authorized the issuance of up to 6,200,000 shares of our common stock. In June 2009, our shareholders approved the 2009 Share Incentive Plan (the “2009 Incentive Plan”) to replace the 1997 Incentive Plan, except with respect to outstanding contractual obligations under the 1997 Incentive Plan, so that no further awards can be made under that plan. The 2009 Incentive Plan authorizes the issuance of up to 3,600,000 shares of our common stock, of which 1,959,996 remain available for issuance of RSUs and PSUs at December 31, 2012. The 1997 Incentive Plan provided for the grant of (i) share options, which may or may not qualify as incentive stock options under the Code, (ii) performance shares or PSUs, (iii) dividend equivalent rights and (iv) restricted shares or RSUs. The 2009 Incentive Plan provides for the grant of (i) share options, (ii) restricted shares or RSUs, (iii) performance shares or PSUs, and (iv) dividend equivalent rights. The vesting of grants under both plans is accelerated upon a change in our control and under certain other conditions.
	In December 2007, the Compensation Committee approved the long-term incentive plan (“LTIP”) and terminated further contributions to the Partnership Equity Unit Plan described below. The following table presents LTIP awards granted in the past three years:
				2009 Incentive Plan
	Fiscal Year			RSUs Awarded		PSUs Awarded
	2010			140,050		159,250
	2011(a)			524,550		291,600
	2012(b)			259,400		314,400
	__________
	Includes 340,000 RSUs and 100,000 PSUs issued in connection with entering into employment agreements with certain employees, and excludes 20,000 PSUs for which the terms and conditions were not determined at the time of grant.
	Includes 78,000 RSUs and 142,000 PSUs issued in connection with entering into employment agreements with certain employees, and excludes 20,000 PSUs for which the terms and conditions were not determined at the time of grant. Also includes 10,000 PSUs awarded related to 2011 awards for which the previously undetermined terms and conditions of the grant were finalized in 2012.
	As a result of issuing the LTIP awards, we currently expect to recognize compensation expense totaling approximately $33.6 million over the vesting period. We have previously recognized compensation expense of $24.8 million, $15.7 million and $5.7 million during 2012, 2011 and 2010, respectively, related to these awards.
	2009 Non-Employee Directors Incentive Plan and 1997 Non-Employee Directors' Plan
	We maintain the 1997 Non-Employee Directors' Plan (the “1997 Directors' Plan”), which authorized the issuance of up to 300,000 shares of our Common Stock. In June 2007, the 1997 Director's Plan, which had been due to expire in October 2007, was extended through October 2017. In June 2009, our shareholders approved the 2009 Non-Employee Directors' Incentive Plan (the “2009 Directors' Plan”) to replace the 1997 Directors' Plan, except with respect to outstanding contractual obligations under the predecessor plan, so that no further awards can be made under that plan. The 1997 Directors' Plan provided for the grant of (i) share options, which may or may not qualify as incentive stock options, (ii) performance shares, (iii) dividend equivalent rights and (iv) restricted shares. The 2009 Directors' Plan authorizes the issuance of 325,000 shares of our common stock in the aggregate and initially provided for the automatic annual grant of RSUs with a total value of $50,000 to each director. In January 2011, the Compensation Committee approved an increase in the value of the annual grant to $70,000 per director, effective as of July 1, 2011. In the discretion of our board of directors, the awards may also be in the form of share options or restricted shares, or any combination of the permitted awards. At December 31, 2012, there were 245,075 shares which remained available for issuance of RSUs under this plan.
	Employee Share Purchase Plan
	We sponsor an ESPP pursuant to which eligible employees may contribute up to 10% of compensation, subject to certain limits, to purchase our common stock. Employees can purchase stock semi-annually at a price equal to 85% of the fair market value at certain plan defined dates. Compensation expense under this plan for the years ended December 31, 2012, 2011 and 2010 was $0.6 million, $0.6 million and $0.2 million, respectively.
	Partnership Equity Unit Plan
	During 2003, we adopted a non-qualified deferred compensation plan (the “Partnership Equity Plan”, or “PEP”) under which a portion of any participating officer's cash compensation in excess of designated amounts was deferred and the officer was awarded Partnership Equity Plan Units (“PEP Units”). The value of each PEP Unit was intended to correspond to the value of a share of the CPA® REIT designated at the time of such award. During 2005, further contributions to the initial PEP were terminated and it was succeeded by a second PEP. As amended, payment under these plans will occur at the earlier of December 16, 2013 (in the case of the initial PEP) or twelve years from the date of award. The award is fully vested upon grant. Each of the PEPs is a deferred compensation plan and is therefore considered to be outside the scope of current accounting guidance for stock-based compensation and subject to liability award accounting. The value of each PEP Unit will be adjusted to reflect the underlying appraised value of the designated CPA® REIT. Additionally, each PEP Unit will be entitled to distributions equal to the distribution rate of the CPA® REIT. All issuances of PEP Units, changes in the fair value of PEP Units and distributions paid are included in our compensation expense. As a result of the Merger, the remaining holders of the PEP Units issued under the initial PEP will be paid, in cash, on December 16, 2013 in amounts equal to the per share Merger consideration received by CPA®:15 stockholders.
	The plans are carried at fair value each quarter and are subject to changes in the fair value of the PEP units. Further contributions to the second PEP were terminated at December 31, 2007; however, this termination did not affect any awardees' rights pursuant to awards granted under this plan. In December 2008, participants in the PEPs were required to make an election to either (i) remain in the PEPs, (ii) receive cash for their PEP Units (available to former employees only) or (iii) convert their PEP Units to fully vested RSUs (available to current employees only) to be issued under the 1997 Incentive Plan on June 15, 2009. Substantially all of the PEP participants elected to receive cash or convert their existing PEP Units to RSUs. In January 2009, we paid $2.0 million in cash to former employee participants who elected to receive cash for their PEP Units. As a result of the election to convert PEP Units to RSUs, we derecognized $9.3 million of our existing PEP liability and recorded a deferred compensation obligation within W. P. Carey members' equity in the same amount during the second quarter of 2009. The PEP participants that elected RSUs received a total of 356,416 RSUs, which was equal to the total value of their PEP Units divided by the closing price of our common stock on June 15, 2009. The PEP participants electing to receive RSUs were required to defer receipt of the underlying shares of our common stock for a minimum of two years. While employed by us, these participants are entitled to receive dividend equivalents equal to the amount of dividends paid on the underlying common stock during the deferral period. At December 31, 2012, we are obligated to issue 53,743 shares of our common stock underlying these RSUs, which is recorded within W. P. Carey members' equity as a Deferred compensation obligation of $1.4 million. The remaining PEP liability pertaining to participants who elected to remain in the plans was $0.7 million at December 31, 2012.
	Stock Options
	Option activity and changes for all periods presented were as follows:
			Year Ended December 31, 2012
								Weighted
								Average
					Weighted			Remaining
					Average			Contractual		Aggregate
			Shares		Exercise Price			Term (in Years)		Intrinsic Value
	Outstanding at beginning of year		1,208,041		$	28.73		-			-
		Exercised	-410,331			25.94		-			-
		Forfeited / Expired	-3,500			24.93		-			-
	Outstanding at end of year		794,210		$	30.32		3.19		$	17,335,637
	Vested and expected to vest at end of year		746,689		$	30.26		3.18		$	16,346,539
	Exercisable at end of year		623,218		$	30.22		2.99		$	13,669,784
			Years Ended December 31,
			2011							2010
								Weighted						Weighted
								Average						Average
								Remaining						Remaining
					Weighted			Contractual				Weighted		Contractual
					Average			Term				Average		Term
			Shares		Exercise Price			(in Years)		Shares		Exercise Price		(in Years)
	Outstanding at beginning of year		1,699,701		$	28.57				2,255,604		$	27.55
		Exercised	-449,660			27.71				-399,507			22.26
		Forfeited / Expired	-42,000			32.85				-156,396			30.24
	Outstanding at end of year		1,208,041		$	28.73		3.29		1,699,701		$	28.57	4.26
	Exercisable at end of year		959,779		$	28.36				1,231,683		$	27.86
	Options granted under the 1997 Incentive Plan generally have a 10-year term and generally vest in four equal annual installments. Options granted under the 1997 Directors' Plan have a 10-year term and vest generally over three years from the date of grant. We have not issued option awards since 2008. The total intrinsic value of options exercised during the years ended December 31, 2012, 2011 and 2010 was $9.3 million, $4.6 million and $2.8 million, respectively.
	At December 31, 2012, all of our options were fully vested; however certain options had exercise limitations.
	We have the ability and intent to issue shares upon stock option exercises. Historically, we have issued authorized but unissued common stock to satisfy such exercises. Cash received from stock option exercises and purchases under the ESPP during the years ended December 31, 2012, 2011 and 2010 was $6.8 million, $1.2 million and $3.7 million, respectively.
	Restricted and Conditional Awards
	Nonvested restricted stock, RSUs and PSUs at December 31, 2012 and changes during the years ended December 31, 2012 and 2011 were as follows:
		Restricted Stock and RSU Awards					PSU Awards
				Weighted Average					Weighted Average
				Grant Date					Grant Date
		Shares		Fair Value			Shares		Fair Value
	Nonvested at January 1, 2010	381,878		$	28.87		170,375		$	32.33
	Granted	156,682			28.34		159,250			36.16
	Vested (a)	-175,225			28.58		-			-
	Forfeited	-99,515			29.75		-65,725			36.26
Adjustment (b)	-			-		-19,906			28.49
Nonvested at December 31, 2010	263,820			28.42		243,994			36.18
Granted	541,890			34.65		291,600			46.66
Vested (a)	-162,437			30.48		-48,925			39.78
Forfeited	-18,480			29.32		-14,055			42.14
Adjustment (b)	-			-		200,814			22.65
Nonvested at December 31, 2011	624,793			33.26		673,428			36.3
Granted	274,420			41.41		314,400			42.28
Vested (a)	-268,683			32.56		-235,189			23.66
Forfeited	-36,336			36.33		-49,494			33.96
Adjustment (b)	-			-		296,368			26.01
Nonvested at December 31, 2012	594,194		$	37.15		999,513		$	34.55
____________
The total fair value of shares vested during the years ended December 31, 2012, 2011 and 2010 was $14.3 million, $6.9 million and $5.0 million, respectively.
Vesting and payment of the PSUs is conditional on certain company and market performance goals being met during the relevant three-year performance period. The ultimate number of PSUs to be vested will depend on the extent to which the performance goals are met and can range from zero to three times the original awards. Pursuant to a review of our current and expected performance versus the performance goals, we revised our estimate of the ultimate number of certain of the PSUs to be vested. As a result, we recorded adjustments in 2012, 2011 and 2010 to reflect the number of shares expected to be issued when the PSUs vest.
At the end of each reporting period, we evaluate the ultimate number of PSUs we expect to vest based upon the extent to which we have met and expect to meet the performance goals and where appropriate revise our estimate and associated expense. We do not adjust the associated expense for revision on PSUs expected to vest based on market performance. Upon vesting, the RSUs and PSUs may be converted into shares of our common stock. Both the RSUs and PSUs carry dividend equivalent rights. Dividend equivalent rights on RSUs are paid in cash on a quarterly basis whereas dividend equivalent rights on PSUs accrue during the performance period and may be converted into additional shares of common stock at the conclusion of the performance period to the extent the PSUs vest. Dividend equivalent rights are accounted for as a reduction to retained earnings to the extent that the awards are expected to vest. For awards that are not expected to vest or do not ultimately vest, dividend equivalent rights are accounted for as additional compensation expense.
Other Compensation
Profit-Sharing Plan
We sponsor a qualified profit-sharing plan and trust that generally permits all employees, as defined by the plan, to make pre-tax contributions into the plan. We are under no obligation to contribute to the plan and the amount of any contribution is determined by and at the discretion of our board of directors. Our board of directors can authorize contributions to a maximum of 15% of an eligible participant's compensation, limited to less than $0.1 million annually per participant. For the years ended December 31, 2012, 2011 and 2010, amounts expensed for contributions to the trust were $4.4 million, $3.8 million and $3.3 million, respectively, which were included in General and administrative expenses in the accompanying consolidated financial statements. The profit-sharing plan is a deferred compensation plan and is therefore considered to be outside the scope of current accounting guidance for stock-based compensation.
Other
We have employment contracts with certain senior executives. These contracts provide for severance payments in the event of termination under certain conditions including a change of control. During 2012, 2011 and 2010, we recognized severance costs totaling approximately $1.1 million, $0.4 million and $1.1 million, respectively, related to several former employees who did not have employment contracts. Such costs are included in General and administrative expenses in the accompanying consolidated financial statements.

Income_Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2012
Income Taxes	'
Income Taxes	'
	Note 16. Income Taxes
	The components of our provision for income taxes for the periods presented are as follows (in thousands):
		Years Ended December 31,
		2012		2011			2010
	Federal
	Current	$	18,142	$	17,820		$	17,729
	Deferred		-21,167		6,867			-2,409
			-3,025		24,687			15,320
	State, Local and Foreign
	Current		15,441		10,559			12,288
	Deferred		-5,633		1,968			-1,756
			9,808		12,527			10,532
	Total Provision	$	6,783	$	37,214		$	25,852
	Deferred income taxes at December 31, 2012 and 2011 consist of the following (in thousands):
		At December 31,
		2012		2011
	Deferred Tax Assets
	Unearned and deferred compensation	$	17,272	$	12,598
	Other		10,832		3,465
			28,104		16,063
	Deferred Tax Liabilities
	Receivables from affiliates		-13,251		-14,378
	Investments		-31,598		-45,812
	Other		-583		-
			-45,432		-60,190
	Net Deferred Tax Liability	$	-17,328	$	-44,127
	A reconciliation of the provision for income taxes with the amount computed by applying the statutory federal income tax rate to income before provision for income taxes for the periods presented is as follows (in thousands):
		Years Ended December 31,
		2012				2011				2010
	Pre-tax (loss) income from taxable subsidiaries	$	-412			$	78,561			$	49,253
	Federal provision at statutory tax rate (35%)		-144	35.00%			27,496		35.00%		17,238	35.00%
	State and local taxes, net of federal benefit		616	-149.50%			7,409		9.40%		4,303	8.70%
	Amortization of intangible assets		465	-112.90%			486		0.60%		854	1.70%
	Other		1,069	-261.20%			272		0.40%		264	0.60%
	Tax provision — taxable subsidiaries		2,006	-488.60%			35,663		45.40%		22,659	46.00%
	Other state, local and foreign taxes		4,777				1,551				3,193
	Total provision	$	6,783			$	37,214			$	25,852
	Included in Income taxes, net in the consolidated balance sheets at December 31, 2012 and 2011 are accrued income taxes totaling $4.0 million and prepaid income taxes totaling $4.6 million, respectively, deferred income taxes totaling $17.3 million and $44.1 million, respectively, and uncertain tax positions totaling $0.3 million and $0, respectively. The uncertain tax positions, which we account for in accordance with ASC 740, Income Taxes, were acquired in the Merger.
	At January 1, 2010, we had unrecognized tax benefits of $0.6 million (net of federal benefits), which if recognized, would have affected our effective tax rate. During 2010, we reversed the unrecognized tax benefits, including all related interest totaling $0.1 million, as they were no longer required.
	Real Estate Ownership Operations
	As discussed in Note 3, W. P. Carey & Co. LLC, our predecessor, converted to a REIT through the REIT Reorganization. Effective February 15, 2012, W. P. Carey Inc. elected to be taxed as a REIT under Sections 856 through 860 of the Internal Revenue Code for the year ended December 31, 2012. As a REIT, we are not subject to federal income taxes on our income and gains that we distribute to our stockholders as long as we satisfy certain requirements, principally relating to the nature of our income and the level of our distributions, as well as other factors. We believe that we have operated, and we intend to continue to operate, in a manner that allows us to continue to qualify as a REIT. As a REIT, we expect to derive most of our REIT income from our real estate operations under our Real Estate Ownership segment.
	Investment Management Operations
	We conduct our investment management services in our Investment Management segment through TRSs. A TRS is a subsidiary of a REIT that is subject to corporate federal, state, local and foreign taxes, as applicable. Our use of TRSs enables us to engage in certain businesses while complying with the REIT qualification requirements and also allows us to retain income generated by these businesses for reinvestment without the requirement to distribute those earnings. We conduct business in the U.S., Asia and the European Union, and as a result, we or one or more of our subsidiaries file income tax returns in the U.S. federal jurisdiction and various state and certain foreign jurisdictions. Certain of our inter-company transactions that have been eliminated in consolidation for financial accounting purposes are also subject to taxation. Periodically, shares in the Managed REITs that are payable to our TRSs in consideration of services rendered are distributed from TRSs to us.
	Our tax returns are subject to audit by taxing authorities. Such audits can often take years to complete and settle. The tax years 2009 through 2012 remain open to examination by the major taxing jurisdictions to which we are subject.
	Our subsidiary, Carey REIT II, owns our real estate assets and elected to be taxed as a real estate investment trust under Sections 856 through 860 of the Internal Revenue Code until September 28, 2012, the date of the Merger, when it became a qualified real estate investment trust subsidiary (“QRS”). In connection with the CPA®:14/16 Merger in May 2011, we formed Carey REIT III to hold the Special Member Interest in the newly formed operating partnership of CPA®:16 – Global (Note 4). Carey REIT III also elected to be taxed as a real estate investment trust under the Internal Revenue Code until September 28, 2012, when it merged into another of our subsidiaries. Under the REIT operating structure, Carey REIT II and Carey REIT III were permitted to deduct distributions paid to our shareholders and generally would not be required to pay U.S. federal income taxes. Accordingly, no provision was made for U.S. federal income taxes in the consolidated financial statements related to either Carey REIT II or Carey REIT III through September 28, 2012. Carey REIT II became a QRS effective September 28, 2012. QRS's are disregarded for US federal tax purposes and therefore not subject to US federal income tax. A QRS is still subject to state, local and foreign taxes where applicable.
	As of December 31, 2012, we had net operating losses (“NOLs”) in foreign jurisdictions of approximately $46.1 million, translating to a deferred tax asset before valuation allowance of $11.9 million.  Our NOLs began expiring in 2011 in certain foreign jurisdictions.  The utilization of NOLs may be subject to certain limitations under the tax laws of the relevant jurisdiction.  Management determined that as of December 31, 2012, $11.9 million of deferred tax assets related to losses in foreign jurisdictions did not satisfy the recognition criteria set forth in accounting guidance for income taxes and established valuation allowance for this amount.

Discontinued_Operations

Discontinued Operations	12 Months Ended
	Dec. 31, 2012
Discontinued Operations	'
Discontinued Operations	'
	Note 17. Discontinued Operations
	From time to time, we decide to sell a property. We may make a decision to dispose of a property when it is vacant as a result of tenants vacating space, tenants electing not to renew their leases, tenant insolvency, or lease rejection in the bankruptcy process. In such cases, we assess whether we can obtain the highest value from the property by selling it, as opposed to re-leasing it. When it is appropriate to do so, upon the evaluation of the disposition of long-lived assets, we classify the property as an asset held for sale on our consolidated balance sheet and the current and prior period results of operations of the property are reclassified as discontinued operations.
	The results of operations for properties that as of September 30, 2013 are held for sale or have been sold and with which we have no continuing involvement are reflected in the consolidated financial statements as discontinued operations and are summarized as follows (in thousands, net of tax):
		Years Ended December 31,
		2012		2011		2010
	Revenues	$	10,569	$	14,559	$	18,389
	Expenses		-10,164		-15,262		-14,838
	Gain on deconsolidation of a subsidiary		-		1,008		-
	(Loss) gain on sale of real estate		-5,019		-3,391		460
	Impairment charges		-22,962		-11,838		-14,241
	Loss from discontinued operations	$	-27,576	$	-14,924	$	-10,230
	During the nine months ended September 30, 2013, we sold seven domestic properties for a total of $22.7 million, net of selling costs, and recognized a net gain on these sales of $0.6 million, excluding impairment charges totaling $3.9 million and $0.2 million previously recognized during 2013 and 2012, respectively. We used a portion of the proceeds to repay the related mortgage loan obligation of $5.7 million and recognized a gain on extinguishment of debt of $0.1 million. In connection with those sales that are deemed businesses, we allocated goodwill totaling $1.2 million to the cost basis of the properties, from our Real Estate Ownership segment based on the relative fair value at the time of sale.
	During the nine months ended September 30, 2013, a jointly-owned investment in which we and an affiliate own 44% and 56%, respectively, and which we consolidate, entered into a contract to sell a domestic property, which we acquired in the CPA®:15 Merger, for $16.4 million. In addition, during the nine months ended September 30, 2013, we entered into a contract to sell our hotel for $3.8 million. In connection with the potential sale of the hotel, we recognized impairment charges totaling $1.1 million during the second quarter of 2013 to write down the carrying value of the asset to its estimated fair value, which approximated the estimated selling price less selling costs. At September 30, 2013, these two properties were classified as Assets held for sale in the consolidated balance sheet. We completed the sale of the hotel in October 2013. There can be no assurance that the remaining property will be sold at the contracted price, or at all.
	2012 — During the year ended December 31, 2012, we sold 13 domestic properties for $44.8 million, net of selling costs, and recognized an aggregate net loss on these sales of $1.4 million, excluding impairment charges of $12.5 million recognized in the current year and $11.8 million and $0.5 million previously recognized during 2011 and 2010, respectively.
	We also sold a property in December 2012 that we acquired in the Merger (Note 3), which was leased to BE Aerospace. We sold the property for $25.3 million, net of selling costs, and recognized a net loss on this sale of $0.5 million.
	In December 2012, we entered into a contract to sell a domestic property that we acquired in the Merger for $1.4 million. We completed the sale of this property in January 2013. At December 31, 2012, this property was classified within Assets held for sale in the consolidated balance sheet. We completed the sale of this property in January 2013.
	In connection with the sale of the properties we acquired in the Merger, we wrote off goodwill of $3.2 million related to these properties (Note 8).
	2011 — During the year ended December 31, 2011, we sold seven domestic properties for $12.5 million, net of selling costs, and recognized a net loss on these sales of $3.4 million, excluding previously recognized impairment charges of less than $0.1 million and $2.7 million during the years ended December 31, 2011 and 2010, respectively.
	In September 2011, one of our subsidiaries consented to a court order appointing a receiver when the subsidiary stopped making payments on the non-recourse debt obligation on a property after the tenant, Career Education Institute, vacated the property. As we no longer had control over the activities that most significantly impact the economic performance of this subsidiary following possession of the property by the receiver, we deconsolidated the subsidiary during the third quarter of 2011. As of the date of deconsolidation, the property had a carrying value of $5.3 million, reflecting the impact of impairment charges totaling $5.6 million recognized during the fourth quarter of 2010, and the related non-recourse mortgage loan had an outstanding balance of $6.3 million. In connection with the deconsolidation, we recognized a gain of $1.0 million during the third quarter of 2011. We believe that our retained interest in this deconsolidated entity had no value at the date of deconsolidation.
	2010 — We sold seven properties for a total of $14.6 million, net of selling costs, and recognized a net gain on these sales totaling $0.5 million, excluding impairment charges totaling $5.9 million that were previously recognized in 2010.

Segment_Reporting

Segment Reporting	12 Months Ended
	Dec. 31, 2012
Segment Reporting	'
Segment Reporting	'
	Note 18. Segment Reporting
	We evaluate our results from operations by our two major business segments — Real Estate Ownership and Investment Management (Note 1). Effective April 1, 2012, we include cash distributions and deferred revenue received and earned from the operating partnerships of CPA®:16 – Global, CPA®:17 – Global and CWI in our Real Estate Ownership segment. Effective January 1, 2011, we include our equity investments in the Managed REITs in our Real Estate Ownership segment. The equity income or loss from the Managed REITs that is now included in our Real Estate Ownership segment represents our proportionate share of the revenue less expenses of the net-leased properties held by the Managed REITS. This treatment is consistent with that of our directly-owned properties. Results of operations for the prior years have been reclassified to conform to the current year presentation. The following table presents a summary of comparative results of these business segments (in thousands):
		Years Ended December 31,
		2012			2011			2010
	Real Estate Ownership (a)
	Revenues	$	145,685		$	81,475		$	65,289
	Operating expenses (b)		-102,321			-39,264			-30,593
	Interest expense		-50,290			-21,675			-15,539
	Other, net (c)		83,436			82,911			30,131
	Provision for income taxes		-4,012			-2,243			-2,192
	Income from continuing operations attributable to W. P. Carey	$	72,498		$	101,204		$	47,096
	Investment Management
	Revenues (d)	$	223,180		$	242,647		$	191,890
	Operating expenses (d)		-207,050			-157,572			-133,683
	Other, net (e)		3,878			2,695			2,559
	Provision for income taxes		-2,771			-34,971			-23,660
	Income from continuing operations attributable to W. P. Carey	$	17,237		$	52,799		$	37,106
	Total Company
	Revenues (d)	$	368,865		$	324,122		$	257,179
	Operating expenses (d)		-309,371			-196,836			-164,276
	Interest expense		-50,290			-21,675			-15,539
	Other, net (c) (e)		87,314			85,606			32,690
	Provision for income taxes		-6,783			-37,214			-25,852
	Income from continuing operations attributable to W. P. Carey	$	89,735		$	154,003		$	84,202
		Total Long-Lived Assets at (f)						Total Assets at
		December 31, 2012			31-Dec-11			December 31, 2012			31-Dec-11
	Real Estate Ownership	$	4,236,993		$	1,273,521		$	4,484,821		$	1,334,066
	Investment Management		69,258			70,369			124,221			128,557
	Total Company	$	4,306,251		$	1,343,890		$	4,609,042		$	1,462,623
	__________
	Included within the Real Estate Ownership segment is our total investment in shares of CPA®:16 – Global, which represented approximately 6.8% of our total assets at December 31, 2012 (Note 7).
	Includes expenses incurred of $31.7 million related to the Merger for the year ended December 31, 2012.
	Includes Other interest income, Income from equity investments in real estate and the Managed REITs, Gain on change in control of interests, Other income and (expenses), and Net income attributable to noncontrolling interests.
	Included in revenues and operating expenses are reimbursable costs from affiliates totaling $98.2 million, $64.8 million and $60.0 million for the years ended December 31, 2012, 2011 and 2010, respectively.
	Includes Other interest income, Other income and (expenses), Net loss attributable to noncontrolling interests and Net loss (income) attributable to redeemable noncontrolling interest.
	Long-lived assets include Net investments in real estate, Goodwill and Intangible assets, net.
	At December 31, 2012, our international investments within our Real Estate Ownership segment were comprised of investments in France, Poland, Germany, Spain, Belgium, Finland, Netherlands and the United Kingdom. None of these countries comprised more than 10% of our total revenues or total assets at December 31, 2012. The following tables present information about these investments (in thousands):
	Year Ended December 31, 2012			Domestic			Foreign (a)			Total
	Revenues			$	115,572		$	30,113		$	145,685
	Operating expenses				-99,801			-2,520			-102,321
	Interest expense				-38,759			-11,531			-50,290
	Other, net (b) (c)				76,830			6,606			83,436
	Provision for income taxes				-2,697			-1,315			-4,012
		Income from continuing operations attributable to W. P. Carey		$	51,145		$	21,353		$	72,498
	Total assets			$	3,527,918		$	956,903		$	4,484,821
	Total long-lived assets (d)			$	3,361,197		$	875,796		$	4,236,993
	Year Ended December 31, 2011			Domestic			Foreign (a)			Total
	Revenues			$	71,746		$	9,729		$	81,475
	Operating expenses				-34,405			-4,859			-39,264
	Interest expense				-19,980			-1,695			-21,675
	Other, net (c)				76,735			6,176			82,911
	Provision for income taxes				-2,135			-108			-2,243
		Income from continuing operations attributable to W. P. Carey		$	91,961		$	9,243		$	101,204
	Total assets			$	1,258,544		$	75,522		$	1,334,066
	Total long-lived assets (d)			$	1,203,474		$	70,047		$	1,273,521
	Year Ended December 31, 2010			Domestic			Foreign (a)			Total
	Revenues			$	57,583		$	7,706		$	65,289
	Operating expenses				-26,851			-3,742			-30,593
	Interest expense				-13,797			-1,742			-15,539
	Other, net (c)				26,188			3,943			30,131
	Provision for income taxes				-2,162			-30			-2,192
		Income from continuing operations attributable to W. P. Carey		$	40,961		$	6,135		$	47,096
	Total assets			$	965,418		$	82,987		$	1,048,405
Total long-lived assets (d)			$	961,298		$	73,447		$	1,034,745
__________
All years include operations in France, Germany, Poland and Spain. The year ended December 31, 2012 also includes operations in Belgium, Finland, the Netherlands and the United Kingdom through properties acquired from CPA®:15 in the Merger.
Amount for the year ended December 31, 2012 includes our $15.1 million share of the net gain recognized by a jointly-owned entity in connection with selling its interests in the Médica investment.
Includes Other interest income, Income from equity investments in real estate and the Managed REITs, Gain on change in control of interests, Other income and (expenses), and Net income attributable to noncontrolling interests.
Consists of Net investments in real estate, Goodwill and Intangible assets, net, as applicable.

Selected_Quarterly_Financial_D

Selected Quarterly Financial Data (Unaudited)	12 Months Ended
	Dec. 31, 2012
Quarterly Disclosures	'
Selected Quarterly Financial Data (Unaudited)	'
	Note 19. Selected Quarterly Financial Data (Unaudited)
	(Dollars in thousands, except per share amounts)
				Three Months Ended
				31-Mar-12		30-Jun-12		30-Sep-12		31-Dec-12
	Revenues (a) (b)			$	67,548	$	66,113	$	69,278	$	165,926
	Expenses (a)				55,452		57,794		84,451		111,674
	Net income				11,669		31,230		2,226		17,654
		Add: Net loss (income) attributable to noncontrolling interests			578		480		325		-1,990
		Add: Net loss (income) attributable to redeemable
			noncontrolling interests		43		67		37		-187
	Net income attributable to W. P. Carey				12,290		31,777		2,588		15,477
	Earnings per share attributable to W. P. Carey:
		Basic			0.3		0.78		0.06		0.22
		Diluted			0.3		0.77		0.06		0.22
	Distributions declared per share				0.565		0.567		0.65		0.66
				Three Months Ended
				31-Mar-11		30-Jun-11		30-Sep-11		31-Dec-11
	Revenues (a) (c)			$	74,522	$	114,674	$	74,900	$	60,026
	Expenses (a)				47,059		50,550		50,208		49,019
	Net income				23,616		81,060		25,258		9,204
		Add: Net loss attributable to noncontrolling interests			330		384		581		569
		Add: Net income attributable to redeemable
			noncontrolling interests		-603		-1		-637		-682
	Net income attributable to W. P. Carey				23,343		81,443		25,202		9,091
	Earnings per share attributable to W. P. Carey:
		Basic			0.58		2.02		0.62		0.22
		Diluted			0.58		1.99		0.62		0.22
	Distributions declared per share				0.512		0.55		0.56		0.563
	__________
	Certain amounts from previous quarters have been reclassified to discontinued operations (Note 17).
	Amount for the three months ended December 31, 2012 includes the impact of the Merger with CPA®:15 (Note 3).
	Amount for the three months ended June 30, 2011 includes $52.5 million of incentive, termination and subordinated disposition revenue recognized in connection with the CPA®:14/16 Merger (Note 4).

Subsequent_Events

Subsequent Events	12 Months Ended
	Dec. 31, 2012
Subsequent Events	'
Subsequent Events [Text Block]	'
	Note 20. Subsequent Events
	In January 2013, our board of directors approved loans to CWI up to $50.0 million to be made at our discretion. We intend to fund any such loans from our Revolver.
	In February 2013, the Compensation Committee approved long-term incentive plan awards to key employees consisting of 166,200 RSUs and 75,900 PSUs that could have a dilutive impact on our earnings per share calculation.
	Note 21. Subsequent Event
	Retrospective Adjustment for Discontinued Operations
	During the nine months ended September 30, 2013, we sold seven domestic properties for a total of $22.7 million, net of selling costs, and recognized a net gain on these sales of $0.6 million, excluding impairment charges totaling $3.9 million and $0.2 million previously recognized during 2013 and 2012, respectively. We used a portion of the proceeds to repay the related mortgage loan obligation of $5.7 million and recognized a gain on extinguishment of debt of $0.1 million. In connection with those sales that are deemed businesses, we allocated goodwill totaling $1.2 million to the cost basis of the properties, for our Real Estate Ownership segment based on the relative fair value at the time of sale.
	During the nine months ended September 30, 2013, a jointly-owned investment in which we and an affiliate own 44% and 56%, respectively, and which we consolidate, entered into a contract to sell a domestic property, which we acquired in the CPA®:15 Merger, for $16.4 million. In addition, during the nine months ended September 30, 2013, we entered into a contract to sell our hotel for $3.8 million. In connection with the potential sale of the hotel, we recognized impairment charges totaling $1.1 million during the second quarter of 2013 to write down the carrying value of the asset to its estimated fair value, which approximated the estimated selling price less selling costs. At September 30, 2013, these two properties were classified as Assets held for sale in the September 30, 2013 consolidated balance sheet. We completed the sale of the hotel in October 2013. There can be no assurance that the remaining property will be sold at the contracted price, or at all.
	The accompanying consolidated statements of income have been retrospectively adjusted and the net results of operations of each of these properties have been reclassified to discontinued operations for the years ended December 31, 2012, 2011, and 2010. The net effect of the reclassification represents an increase of $11.0 million, or 13.8%, $2.1 million, or 1.4%, and $1.3 million, or 1.6% in our previously reported income from continuing operations for the years ended December 31, 2012, 2011, and 2010, respectively. There was no effect on our previously reported net income, financial condition, or cash flows.

Schedule_II_Valuation_and_Qual

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2012
Schedule II - Valuation and Qualifying Accounts	'
Schedule II - Valuation and Qualifying Accounts	'
	W. P. CAREY INC.
	SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
	For the Years Ended December 31, 2012, 2011 and 2010
	(in thousands)
	Description		Balance at Beginning of Year		Other Additions (a)		Deductions		Balance at End of Year
	Year Ended December 31, 2012:
		Valuation reserve for deferred tax assets	$	-	$	11,915	$	-	$	11,915
			$	-	$	11,915	$	-	$	11,915
	Year Ended December 31, 2011:
		Valuation reserve for deferred tax assets	$	-	$	-	$	-	$	-
			$	-	$	-	$	-	$	-
	Year Ended December 31, 2010:
		Valuation reserve for deferred tax assets	$	-	$	-	$	-	$	-
			$	-	$	-	$	-	$	-
	__________
	Represents amount acquired in the Merger.

Schedule_III_Real_Estate_and_A

Schedule III - Real Estate and Accumulated Depreciation	12 Months Ended
	Dec. 31, 2012
Schedule III - Real Estate and Accumualated Depreciation	'
Schedule III - Real Estate and Accumualated Depreciation	'
	SCHEDULE III — REAL ESTATE and ACCUMULATED DEPRECIATION (Continued)
	December 31, 2012
	(in thousands)
	Description			Encumbrances			Initial Cost to Company - Land			Initial Cost to Company - Buildings		Costs Capitalized Subsequent to Acquisition (a)		Increase (Decrease) in Net Investments (b)		Gross Amount at which Carried at Close of Period (c) - Land			Gross Amount at which Carried at Close of Period (c) - Buildings		Gross Amount at which Carried at Close of Period (c) - Total		Accumulated Depreciation (c)	Date Acquired	Life on which Depreciation in Latest Statement of Income is Computed
	Real Estate Under Operating Leases:
	Office facilities in Broomfield, CO		$	-		$	248		$	2,538	$	4,844	$	-2,069	$	2,643		$	2,918	$	5,561	$	1,217	Jan. 1998	40 yrs.
	Distribution facilities and warehouses in Erlanger, KY			12,000			1,526			21,427		2,966		141		1,526			24,534		26,060		9,431	Jan. 1998	40 yrs.
	Retail store in Montgomery, AL			-			855			6,762		277		-6,978		142			774		916		417	Jan. 1998	40 yrs.
	Warehouse/distribution facilities in Anchorage, AK and Commerce, CA			-			4,905			11,898		-		12		4,905			11,910		16,815		1,636	Jan. 1998	40 yrs.
	Office facility in Toledo, OH			-			224			2,408		-		-		224			2,408		2,632		1,003	Jan. 1998	40 yrs.
	Industrial facility in Goshen, IN			-			239			940		-		-		239			940		1,179		133	Jan. 1998	40 yrs.
	Office facility in Raleigh, NC			-			1,638			2,844		157		-2,554		828			1,257		2,085		454	Jan. 1998	20 yrs.
	Office facility in King of Prussia, PA			-			1,219			6,283		1,295		-		1,219			7,578		8,797		2,658	Jan. 1998	40 yrs.
	Warehouse/distribution facility in Fort Lauderdale, FL			-			1,893			11,077		703		-8,449		1,173			4,051		5,224		1,429	Jan. 1998	40 yrs.
	Industrial facilities in Pinconning, MS			-			32			1,692		-		-		32			1,692		1,724		634	Jan. 1998	40 yrs.
	Industrial facilities in San Fernando, CA			6,991			2,052			5,322		-		152		2,052			5,474		7,526		2,043	Jan. 1998	40 yrs.
	Land leased in several cities in the following states: Alabama, Florida, Georgia, Illinois, Louisiana, Missouri, New Mexico, North Carolina, South Carolina, and Texas			139			9,382			-		-		-172		9,210			-		9,210		-	Jan. 1998	N/A
	Industrial facility in Milton, VT			-			220			1,579		-		-		220			1,579		1,799		592	Jan. 1998	40 yrs.
	Land in Glendora, CA			-			1,135			-		-		17		1,152			-		1,152		-	Jan. 1998	N/A
	Industrial facility in Doraville, GA			4,842			3,288			9,864		1,546		274		3,288			11,684		14,972		3,887	Jan. 1998	40 yrs.
	Office facilities in Collierville, TN and warehouse/distribution facilities in Corpus Christi and College Station, TX			51,871			3,490			72,497		-		-15,008		334			60,645		60,979		4,003	Jan. 1998	40 yrs.
	Land in Irving and Houston, TX			8,313			9,795			-		-		-		9,795			-		9,795		-	Jan. 1998	N/A
	Industrial facility in Chandler, AZ			12,066			5,035			18,957		7,435		541		5,035			26,933		31,968		8,959	Jan. 1998	40 yrs.
	Warehouse/distribution facilities in Houston, TX			-			167			885		73		-		167			958		1,125		345	Jan. 1998	40 yrs.
	Office facilities in Bridgeton, MO			-			842			4,762		1,627		71		842			6,460		7,302		1,552	Jan. 1998	40 yrs.
	Industrial facility in Industry, CA			-			3,789			13,164		1,872		318		3,789			15,354		19,143		4,608	Jan. 1998	40 yrs.
	Retail stores in Drayton Plains, MI and Citrus Heights, CA			-			1,039			4,788		165		193		1,039			5,146		6,185		1,049	Jan. 1998	35 yrs.
	Warehouse/distribution facility in Memphis, TN			-			1,882			3,973		-		-3,893		328			1,634		1,962		538	Jan. 1998	15 yrs.
	Retail store in Bellevue, WA			8,269			4,125			11,812		393		-123		4,371			11,836		16,207		4,352	Apr. 1998	40 yrs.
	Office facility in Houston, TX			-			3,260			22,574		1,628		-23,311		211			3,940		4,151		2,944	Jun. 1998	40 yrs.
	Office facility in Rio Rancho, NM			8,162			1,190			9,353		1,504		-		1,467			10,580		12,047		3,598	Jul. 1998	40 yrs.
	Vacant office facility in Moorestown, NJ			-			351			5,981		943		43		351			6,967		7,318		2,890	Feb. 1999	40 yrs.
	Office facility in Norcross, GA			28,347			5,200			25,585		11,822		-		5,200			37,407		42,607		12,327	Jun. 1999	40 yrs.
	Office facility in Tours, France			4,991			1,034			9,737		342		4,169		1,451			13,831		15,282		4,154	Sep. 2000	40 yrs.
	Office facility in Illkirch, France			13,171			-			18,520		-		9,116		-			27,636		27,636		8,826	Dec. 2001	40 yrs.
	Industrial and warehouse/distribution facilities in Lenexa, KS; Winston-Salem, NC; and Dallas, TX			-			1,860			12,539		-		5		1,860			12,544		14,404		3,310	Sep. 2002	40 yrs.
	Office facilities in Playa Vista and Venice, CA			50,306			2,032			10,152		52,816		1		5,889			59,112		65,001		2,853	Sep. 2004; Sep. 2012	40 yrs.
	Warehouse/distribution facility in Greenfield, IN			-			2,807			10,335		223		-8,383		967			4,015		4,982		853	Sep. 2004	40 yrs.
	Warehouse/distribution facilities in Birmingham, AL			4,425			1,256			7,704		-		-		1,256			7,704		8,960		1,597	Sep. 2004	40 yrs.
	Industrial facility in Scottsdale, AZ			1,229			586			46		-		-		586			46		632		10	Sep. 2004	40 yrs.
	Retail store in Hot Springs, AR			-			850			2,939		2		-2,614		-			1,177		1,177		245	Sep. 2004	40 yrs.
	Industrial facilities in Apopka, FL			-			362			10,855		569		-155		337			11,294		11,631		2,287	Sep. 2004	40 yrs.
	Land in San Leandro, CA			-			1,532			-		-		-		1,532			-		1,532		-1	Dec. 2006	N/A
	Industrial facility in Sunnyvale, CA			-			1,663			3,571		-		-		1,663			3,571		5,234		803	Dec. 2006	27 yrs.
	Fitness and recreational sports center in Austin, TX			3,165			1,725			5,168		-		-		1,725			5,168		6,893		1,103	Dec. 2006	28.5 yrs.
	Retail store in Wroclaw, Poland			8,309			3,600			10,306		-		-1,958		3,305			8,643		11,948		1,093	Dec. 2007	40 yrs.
	Office facility in Fort Worth, TX			33,631			4,600			37,580		-		-		4,600			37,580		42,180		2,740	Feb. 2010	40 yrs.
	Warehouse/distribution facility in Mallorca, Spain			-			11,109			12,636		-		2,212		12,161			13,796		25,957		891	Jun. 2010	40 yrs.
	Industrial and office facilities in San Diego, CA			33,527			7,247			29,098		967		-5,514		4,762			27,036		31,798		1,982	May. 2011	40 yrs.
	Retail stores in Florence, AL; Snellville, GA; Concord, NC; Rockport, TX; and Virginia Beach, VA			22,000			5,646			12,367		-		-		5,646			12,367		18,013		109	Sep. 2012	40 yrs.
	Hospitality facilities in Irvine, Sacramento, and San Diego, CA; Orlando, FL; Des Plaines, IL; Indianapolis, IN; Louisville, KY; Linthicum Heights, MD; Newark, NJ; Albuquerque, NM; and Spokane, WA			140,000			32,680			198,999		-		-		32,680			198,999		231,679		1,369	Sep. 2012	34 - 37 yrs.
	Industrial facilities in Bluffton, OH; Auburn, IN; and Milan, TN			-			2,564			6,998		-		-		2,564			6,998		9,562		58	Sep. 2012	30 yrs.
	Land in Irvine, CA			1,666			4,173			-		-		-		4,173			-		4,173		-	Sep. 2012	N/A
	Office facility in Alpharetta, GA			7,699			2,198			6,349		-		-		2,198			6,349		8,547		53	Sep. 2012	30 yrs.
	Office facility in Clinton, NJ			25,714			2,866			34,834		-		-		2,866			34,834		37,700		290	Sep. 2012	30 yrs.
	Office facilities in St. Petersburg, FL			18,481			3,280			24,627		-		-		3,280			24,627		27,907		205	Sep. 2012	30 yrs.
	Movie theatre in Baton Rouge, LA			10,025			4,168			5,724		-		-		4,168			5,724		9,892		48	Sep. 2012	30 yrs.
	Office facilities in San Diego, CA			17,470			7,804			16,729		-		-		7,804			16,729		24,533		139	Sep. 2012	30 yrs.
	Industrial facilities in Richmond, CA			-			895			1,953		-		-		895			1,953		2,848		16	Sep. 2012	30 yrs.
	Warehouse/distribution and industrial facilities in Kingman, AZ; Woodland, CA; Jonesboro, GA; Kansas City, MO; Springfield, OR; Fogelsville, PA; and Corsicana, TX			64,836			16,386			84,668		-		-		16,386			84,668		101,054		700	Sep. 2012	30 yrs.
	Warehouse/distribution facilities in Lens, Nimes, Colomiers, Thuit Hebert, Ploufragen, and Cholet, France			94,059			15,779			89,421		-		2,929		16,219			91,910		108,129		764	Sep. 2012	30 yrs.
	Warehouse/distribution facilities in Orlando, FL; Macon, GA; Rocky Mount, NC, and Lewisville, TX			14,645			2,163			17,715		-		-		2,163			17,715		19,878		148	Sep. 2012	30 yrs.
	Fitness and recreational sports center in Newton, MA			7,655			1,897			11,451		-		-		1,897			11,451		13,348		94	Sep. 2012	30 yrs.
Industrial facilities in Chattanooga, TN			-			558			5,923		-		-		558			5,923		6,481		49	Sep. 2012	30 yrs.
Industrial facilities in Mooresville, NC			6,512			756			9,775		-		-		756			9,775		10,531		80	Sep. 2012	30 yrs.
Industrial facility in MaCalla, AL			6,307			960			14,472		-		-		960			14,472		15,432		115	Sep. 2012	31 yrs.
Office facility in Lower Makefield Township, PA			10,874			1,726			12,781		-		-		1,726			12,781		14,507		105	Sep. 2012	30 yrs.
Industrial facility in Fort Smith, AZ			-			1,063			6,159		-		-		1,063			6,159		7,222		50	Sep. 2012	30 yrs.
Retail facilities in Greenwood, IN and Buffalo, NY			8,893			-			19,990		-		-		-			19,990		19,990		161	Sep. 2012	30 - 31 yrs.
Industrial facilities in Bowling Green, KY and Jackson, TN			7,436			1,492			8,182		-		-		1,492			8,182		9,674		66	Sep. 2012	31 yrs.
Industrial facilities in Mattoon, IL; Holyoke, MA; and Morristown, TN and a warehouse/distribution facility in Westfield, MA			5,245			1,891			11,064		-		-		1,891			11,064		12,955		90	Sep. 2012	31 yrs.
Industrial facility in Rancho Cucamonga, CA and educational facilities in Glendale Heights, IL; Exton, PA; and Avondale, AZ			37,911			14,006			33,683		-		-		14,006			33,683		47,689		263	Sep. 2012	31 - 32 yrs.
Sports facilities in Rochester Hills and Canton, MI			22,160			5,447			9,988		-		-		5,447			9,988		15,435		81	Sep. 2012	31 yrs.
Industrial facilities in St. Petersburg, FL; Buffalo Grove, IL; West Lafayette, IN; Excelsior Springs, MO; and North Versailles, PA			12,860			6,559			19,078		-		-		6,559			19,078		25,637		153	Sep. 2012	31 yrs.
Industrial facilities in Tolleson, AZ; Alsip, IL; and Solvay, NY			15,164			6,080			23,424		-		-		6,080			23,424		29,504		187	Sep. 2012	31 yrs.
Land in Kahl, Germany			10,573			6,694			-		-		186		6,880			-		6,880		-	Sep. 2012	N/A
Land in Memphis, TN and sports facilities in Bedford, TX and Englewood, CO			8,050			4,877			4,258		-		-		4,877			4,258		9,135		34	Sep. 2012	31 yrs.
Office facilities in Brussels, Belgium			11,094			1,505			6,026		-		210		1,547			6,194		7,741		48	Sep. 2012	32 yrs.
Warehouse/distribution facilities in Oceanside, CA and Concordville, PA			4,506			3,333			8,270		-		-		3,333			8,270		11,603		66	Sep. 2012	31 yrs.
Office facility in Peachtree City, GA			3,962			1,205			5,907		-		-		1,205			5,907		7,112		47	Sep. 2012	31 yrs.
Self-storage and trucking facilities in numerous locations throughout the U.S.			154,658			74,551			319,186		-		-		74,551			319,186		393,737		2,527	Sep. 2012	31 yrs.
Warehouse/distribution facility in La Vista, NE			22,340			4,196			23,148		-		-		4,196			23,148		27,344		173	Sep. 2012	33 yrs.
Office facility in Pleasanton, CA			12,861			3,675			7,468		-		-		3,675			7,468		11,143		59	Sep. 2012	31 yrs.
Office facility in San Marcos, TX			-			440			688		-		-		440			688		1,128		5	Sep. 2012	31 yrs.
Office facilities in Espoo, Finland			58,910			40,555			15,662		-		1,565		41,684			16,098		57,782		127	Sep. 2012	31 yrs.
Office facility in Conflans, France			20,378			7,208			11,333		-		516		7,409			11,648		19,057		91	Sep. 2012	31 yrs.
Office facilities in Chicago, IL			15,499			2,169			19,010		-		-		2,169			19,010		21,179		149	Sep. 2012	31 yrs.
Industrial facility in Louisville, CO			10,417			5,342			8,786		-		-		5,342			8,786		14,128		69	Sep. 2012	31 yrs.
Industrial facilities in Hollywood and Orlando, FL			-			3,639			1,269		-		-		3,639			1,269		4,908		10	Sep. 2012	31 yrs.
Industrial facility in Golden, CO			-			808			4,304		-		-		808			4,304		5,112		36	Sep. 2012	30 yrs.
Industrial facilities in Texarkana, TX and Orem, UT			2,699			1,755			4,493		-		-		1,755			4,493		6,248		35	Sep. 2012	31 yrs.
Industrial facility in Eugene, OR			4,724			2,286			3,783		-		-		2,286			3,783		6,069		30	Sep. 2012	31 yrs.
Industrial facility in Neenah, WI			4,869			438			4,954		-		-		438			4,954		5,392		39	Sep. 2012	31 yrs.
Industrial facility in South Jordan, UT			13,075			2,183			11,340		-		-		2,183			11,340		13,523		89	Sep. 2012	31 yrs.
Warehouse/distribution facility in Ennis, TX			2,609			478			4,087		-		-		478			4,087		4,565		32	Sep. 2012	31 yrs.
Childcare facilities in Chandler and Tucson, AZ; Alhambra, Chino, Garden Grove, and Tustin, CA; Westland and Canton, MI; and Carrollton, Duncansville, and Lewisville, TX			-			6,343			379		-		-1,384		5,338			-		5,338		-	Sep. 2012	N/A
Retail facility in Oklahoma City, OK			5,759			1,246			4,771		-		-		1,246			4,771		6,017		37	Sep. 2012	32 yrs.
Land in Farmington, CT and Braintree, MA			490			2,409			-		-		-		2,409			-		2,409		-	Sep. 2012	N/A
Office facilities in Helsinki, Finland			58,917			26,560			20,735		-		1,316		27,299			21,312		48,611		165	Sep. 2012	32 yrs.
Office facility in Paris, France			73,391			23,387			43,450		-		1,860		24,038			44,659		68,697		341	Sep. 2012	32 yrs.
Retail facilities in Bydgoszcz, Czestochowa, Jablonna, Katowice, Kielce, Lodz, Lubin, Olsztyn, Opole, Plock, Walbrzych, Warsaw, and Warszawa, Poland			148,643			26,564			72,866		-		2,768		27,303			74,895		102,198		785	Sep. 2012	23 - 34 yrs.
Office facility in Laupheim, Germany			-			2,072			8,339		-		290		2,130			8,571		10,701		107	Sep. 2012	20 yrs.
Industrial facilities in Danbury, CT and Bedford, MA			12,973			3,519			16,329		-		-		3,519			16,329		19,848		136	Sep. 2012	29 yrs.
		$	1,512,763		$	513,758		$	1,777,346	$	94,169	$	-53,660	$	509,530		$	1,822,083	$	2,331,613	$	116,075
SCHEDULE III — REAL ESTATE and ACCUMULATED DEPRECIATION (Continued)
December 31, 2012
(in thousands)
Description			Encumbrances			Initial Cost to Company - Land			Initial Cost to Company - Buildings		Costs Capitalized Subsequent to Acquisition (a)		Increase (Decrease) in Net Investment(b)		Gross Amount at which Carried at Close of Period Total	Date Acquired
Direct Financing Method:
Retail stores in several cities in the following states: Alabama, Florida, Georgia, Illinois, Louisiana, Missouri, New Mexico, North Carolina, South Carolina, and Texas		$	199		$	-		$	16,416	$	-	$	-384	$	16,032	Jan. 1998
Office and industrial facilities in Glendora, CA and Romulus, MI			-			454			13,251		9		-2,437		11,277	Jan. 1998
Industrial facilities in Thurmont, MD and Farmington, NY			-			729			6,093		-		-158		6,664	Jan. 1998
Industrial facilities in Irving and Houston, TX			20,118			-			27,599		-		-3,897		23,702	Jan. 1998
Retail facilities in Farmington, CT and Braintree, MA			3,010			-			8,761		-		-		8,761	Sep. 2012
Education facilities in Chandler and Tucson, AZ; Alhambra, Chino, Garden Grove, and Tustin, CA; Naperville, IL; Westland and Canton, MI; and Carrollton, Duncansville, and Lewisville, TX			-			-			7,840		-		-		7,840	Sep. 2012
Industrial facility in Owingsville, KY			113			309			5,741		-		-88		5,962	Sep. 2012
Retail facility in Freehold, NJ			6,515			-			17,067		-		-12		17,055	Sep. 2012
Office facilities in Corpus Christi, Odessa, San Marcos, and Waco, TX			5,313			2,089			14,211		-		-102		16,198	Sep. 2012
Retail facilities in Osnabruck, Borken, Bunde, Arnstadt, Dorsten, Duisburg, Freiberg, Leimbach-Kaiserro, Monheim, Oberhausen, Rodewisch, Sankt Augustin, Schmalkalden, Stendal, Wuppertal, and Monheim, Germany			87,982			28,734			145,854		-		4,837		179,425	Sep. 2012
Warehouse/distribution facility in Birmingham, United Kingdom			10,903			2,147			12,357		-		117		14,621	Sep. 2012
Warehouse/distribution facilities in Mesquite, TX			6,905			2,851			15,899		-		-38		18,712	Sep. 2012
Industrial facility in Rochester, MN			5,211			881			17,039		-		39		17,959	Sep. 2012
Office facility in Irvine, CA			6,792			-			17,027		-		-19		17,008	Sep. 2012
Sports facility in Memphis, TN			1,890			-			4,823		-		-33		4,790	Sep. 2012
Industrial facility in Brownwood, TX			-			722			6,268		-		-		6,990	Sep. 2012
Education facility in Glendale Heights, IL			-			-			3,009		-		-		3,009	Sep. 2012
		$	154,951		$	38,916		$	339,255	$	9	$	-2,175	$	376,005
Description			Encumbrances			Initial Cost to Company - Land			Initial Cost to Company - Buildings		Initial Cost to Company - Personal Property		Costs Capitalized Subsequent to Acquisition (a)		Increase (Decrease) in Net Investments (b)			Gross Amount at which Carried at Close of Period (c) - Land		Gross Amount at which Carried at Close of Period (c) - Buildings		Gross Amount at which Carried at Close of Period (c) - Personal Property			Gross Amount at which Carried at Close of Period (c) - Total		Accumulated Depreciation (c)	Date Acquired	Life on which Depreciation in Latest Statement of Income is computed
Operating Real Estate:
Hotel in Livonia, MI		$	-		$	2,765		$	11,087	$	3,816	$	18,733	$	-20,440		$	892	$	5,556	$	9,513		$	15,961	$	10,961	Jan. 1998	7-40 yrs.
Self-storage facilities in Taunton, North Andover, North Billerica, and Brockton, MA			9,532			4,300			12,274		-		254		-478			4,300		12,050		-			16,350		2,036	Dec. 2006	25-40 yrs.
Self-storage facility in Newington, CT			2,073			520			2,973		-		241		-121			520		3,093		-			3,613		468	Dec. 2006	40 yrs.
Self-storage facility in Killeen, TX			3,226			1,230			3,821		-		339		-179			1,230		3,981		-			5,211		648	Dec. 2006	30 yrs.
Self-storage facility in Rohnert Park, CA			3,108			1,761			4,989		-		40		-			1,761		5,029		-			6,790		748	Jan. 2007	40 yrs.
Self-storage facility in Fort Worth, TX			2,150			1,030			4,176		-		33		-			1,030		4,209		-			5,239		626	Jan. 2007	40 yrs.
Self-storage facility in Augusta, GA			1,876			970			2,442		-		48		-			970		2,490		-			3,460		367	Feb. 2007	39 yrs.
Self-storage facility in Garland, TX			1,435			880			3,104		-		57		-			880		3,161		-			4,041		461	Feb. 2007	40 yrs.
Self-storage facility in Lawrenceville, GA			2,314			1,410			4,477		-		82		-			1,411		4,558		-			5,969		717	Mar. 2007	37 yrs.
Self-storage facility in Fairfield, OH			1,824			540			2,640		-		19		-			540		2,659		-			3,199		508	Apr. 2007	30 yrs.
Self-storage facility in Tallahassee, FL			3,629			850			5,736		-		7		-			850		5,743		-			6,593		809	Apr. 2007	40 yrs.
Self-storage facility in Lincolnshire, IL			1,955			1,477			1,519		-		96		-			1,477		1,615		-			3,092		220	Jul. 2010	18 yrs.
Self-storage facility in Chicago, IL			1,683			823			912		-		627		-			823		1,539		-			2,362		278	Jul. 2010	15 yrs.
Self-storage facility in Chicago, IL			1,411			700			733		-		556		-			700		1,289		-			1,989		223	Jul. 2010	15 yrs.
Self-storage facility in Bedford Park, IL			1,713			809			1,312		-		200		-			809		1,512		-			2,321		196	Jul. 2010	20 yrs.
Self-storage facility in Bentonville, AR			2,024			1,050			1,323		-		22		-			1,050		1,345		-			2,395		131	Sep. 2010	24 yrs.
Self-storage facility in Tallahassee, FL			3,848			570			3,447		-		30		-			570		3,477		-			4,047		262	Sep. 2010	30 yrs.
Self-storage facility in Pensacola, FL			1,801			560			2,082		-		5		-			560		2,087		-			2,647		156	Sep. 2010	30 yrs.
Self-storage facility in Chicago, IL			2,081			1,785			2,616		-		23		-			1,785		2,639		-			4,424		178	Oct. 2010	32 yrs.
		$	47,683		$	24,030		$	71,663	$	3,816	$	21,412	$	-21,218		$	22,158	$	68,032	$	9,513		$	99,703	$	19,993
W. P. CAREY INC.
NOTES TO SCHEDULE III — REAL ESTATE AND ACCUMULATED DEPRECIATION
(in thousands)
Consists of the cost of improvements and acquisition costs subsequent to acquisition, including legal fees, appraisal fees, title costs, other related professional fees and purchases of furniture, fixtures, equipment and improvements at the hotel properties. For business combinations, transaction costs are excluded.
The increase (decrease) in net investment is primarily due to (i) the amortization of unearned income from net investment in direct financing leases, which produces a periodic rate of return that at times may be greater or less than lease payments received, (ii) sales of properties, (iii) impairment charges, and (iv) changes in foreign currency exchange rates.
Reconciliation of real estate and accumulated depreciation (see below):
		Reconciliation of Real Estate Subject to
		Operating Leases
		Years Ended December 31,
		2012			2011			2010
Balance at beginning of year		$	646,482		$	560,592		$	525,607
Additions			1,777,443			107,484			67,787
Dispositions			-75,548			-22,106			-18,896
Foreign currency translation adjustment			13,263			-1,837			-2,142
Reclassification from (to) equity investment, direct financing lease,
	intangible assets or assets held for sale		-17,681			20,105			1,790
Deconsolidation of real estate asset			-			-5,938			-
Impairment charges			-12,346			-11,818			-13,554
Balance at end of year		$	2,331,613		$	646,482		$	560,592
		Reconciliation of Accumulated Depreciation for
		Real Estate Subject to Operating Leases
		Years Ended December 31,
		2012			2011			2010
Balance at beginning of year		$	118,054		$	108,032		$	100,247
Depreciation expense			24,302			15,179			13,437
Dispositions			-22,947			-5,785			-5,000
Foreign currency translation adjustment			358			-396			-839
Reclassification from (to) equity investment, direct financing lease,
	intangible assets or assets held for sale		-3,692			2,339			187
Deconsolidation of real estate asset			-			-1,315			-
Balance at end of year		$	116,075		$	118,054		$	108,032
	Reconciliation of Operating Real Estate
	Years Ended December 31,
	2012			2011			2010
Balance at beginning of year	$	109,875		$	109,851		$	85,927
Additions/capital expenditures		295			24			23,924
Impairment charges		-10,467			-			-
Balance at end of year	$	99,703		$	109,875		$	109,851
	Reconciliation of Accumulated Depreciation for
	Operating Real Estate
	Years Ended December 31,
	2012			2011			2010
Balance at beginning of year	$	17,121		$	14,280		$	12,039
Depreciation expense		2,872			2,841			2,241
Balance at end of year	$	19,993		$	17,121		$	14,280
At December 31, 2012, the aggregate cost of real estate that we and our consolidated subsidiaries own for federal income tax purposes was approximately $

Significant_Accounting_Policie

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2012
Accounting Policies	'
Consolidation, Policy	'
	Basis of Consolidation
	The consolidated financial statements reflect all of our accounts, including those of our majority-owned and/or controlled subsidiaries. The portion of equity in a subsidiary that is not attributable, directly or indirectly, to us is presented as noncontrolling interests. All significant intercompany accounts and transactions have been eliminated. The consolidated financial statements include the historical results of our predecessor prior to the REIT Reorganization and the Merger.
	When we obtain an economic interest in an entity, we evaluate the entity to determine if it is deemed a VIE and, if so, whether we are deemed to be the primary beneficiary and are therefore required to consolidate the entity. Significant judgment is required to determine whether a VIE should be consolidated. We review the contractual arrangements provided for in the partnership agreement or other related contracts to determine whether the entity is considered a VIE, and to establish whether we have any variable interests in the VIE. We then compare our variable interests, if any, to those of the other variable interest holders to determine which party is the primary beneficiary of a VIE based on whether the entity (i) has the power to direct the activities that most significantly impact the economic performance of the VIE, and (ii) has the obligation to absorb losses or the right to receive benefits of the VIE that could potentially be significant to the VIE.
	For an entity that is not considered to be a VIE, the general partners in a limited partnership (or similar entity) are presumed to control the entity regardless of the level of their ownership and, accordingly, may be required to consolidate the entity. We evaluate the partnership agreements or other relevant contracts to determine whether there are provisions in the agreements that would overcome this presumption. If the agreements provide the limited partners with either (a) the substantive ability to dissolve or liquidate the limited partnership or otherwise remove the general partners without cause or (b) substantive participating rights, the limited partners' rights overcome the presumption of control by a general partner of the limited partnership, and, therefore, the general partner must account for its investment in the limited partnership using the equity method of accounting.
	We have investments in tenancy-in-common interests in various domestic and international properties. Consolidation of these investments is not required as such interests do not qualify as VIEs and do not meet the control requirement required for consolidation. Accordingly, we account for these investments using the equity method of accounting. We use the equity method of accounting because the shared decision-making involved in a tenancy-in-common interest investment provides us with significant influence on the operating and financial decisions of these investments.
	We apply accounting guidance for consolidation of VIEs to certain entities in which the equity investors do not have the characteristics of a controlling financial interest or do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support from other parties.  Fixed price purchase and renewal options within a lease as well as certain decision-making rights within a loan can cause us to consider an entity a VIE.
	Additionally, we own interests in single-tenant net leased properties leased to companies through noncontrolling interests in partnerships and limited liability companies that we do not control but over which we exercise significant influence. We account for these investments under the equity method of accounting. At times the carrying value of our equity investments may fall below zero for certain investments. We intend to fund our share of the investments' future operating deficits should the need arise. However, we have no legal obligation to pay for any of the liabilities of such investments nor do we have any legal obligation to fund operating deficits.
	One of our directors and officers was the sole shareholder of Livho, a subsidiary that operates a hotel investment (Note 4). We consolidated the accounts of Livho in our consolidated financial statements because it was a VIE and we were its primary beneficiary. In order to streamline Livho's corporate structure, in August 2012, the director and officer transferred his ownership interest in Livho to one of our subsidiaries, Carey REIT II, Inc. (“Carey REIT II”), for no consideration. Immediately after the ownership transfer, Livho is no longer a VIE as we own 100% of the entity. We continue to consolidate the accounts of Livho.
	We formed CWI in March 2008 for the purpose of acquiring interests in lodging and lodging-related properties. In April 2010, CWI filed a registration statement with the SEC to sell up to $1.0 billion of its common stock in an initial public offering plus up to an additional $237.5 million of its common stock under a dividend reinvestment plan. This registration statement was declared effective by the SEC in September 2010. Through December 31, 2010, the financial activity of CWI, which had no significant assets, liabilities or operations, was included in our consolidated financial statements, as we owned all of CWI's outstanding common stock. Beginning in 2011, we have accounted for our interest in CWI under the equity method of accounting because, as the advisor, we do not exert control over, but we have the ability to exercise significant influence on, CWI. Similarly, we formed a new CPA® REIT, CPA®:18 – Global, in September 2012. Through December 31, 2012, the financial activity of CPA®:18 – Global, which had no significant assets, liabilities or operations, was included in our consolidated financial statements.
Reclassification, Revisions and Adjustments, Policy	'
	Reclassifications and Revisions
	Certain prior year amounts have been reclassified to conform to the current year presentation. The consolidated financial statements included in this Report have been retrospectively adjusted to reflect the disposition (or planned disposition) of certain properties as discontinued operations and certain adjustments related to purchase price allocation for all periods presented.
Purchase Price Allocation, Policy	'
	Purchase Price Allocation
	In accordance with the guidance for business combinations, we determine whether a transaction or other event is a business combination, which requires that the assets acquired and liabilities assumed constitute a business. Each business combination is then accounted for by applying the acquisition method. If the assets acquired are not a business, we account for the transaction or other event as an asset acquisition. Under both methods, we recognize the identifiable assets acquired, the liabilities assumed, and any noncontrolling interest in the acquired entity. In addition, for transactions that are business combinations, we evaluate the existence of goodwill or a gain from a bargain purchase. We immediately expense acquisition-related costs and fees associated with business combinations.
	When we acquire properties with leases classified as operating leases, we allocate the purchase price to the tangible and intangible assets and liabilities acquired based on their estimated fair values. We determine the value of the tangible assets, consisting of land and buildings, as if vacant, and site improvements, and record intangible assets, including the above-market and below-market value of leases and the value of in-place leases at their relative estimated fair values. Land is typically valued utilizing the sales comparison (or market approach). Buildings, as if vacant, are valued using the cost and/or income approach. Site improvements are valued using the cost approach. The fair value of real estate is determined by reference to portfolio appraisals which determines their values, on a property level, by applying a discounted cash flow analysis to the estimated net operating income for each property in the portfolio during the remaining anticipated lease term, and the estimated residual value of each property from a hypothetical sale of the property upon expiration after considering the re-tenanting of such property at estimated then current market rental rate, at a selected capitalization rate and deducting estimated costs of sale. The proceeds from a hypothetical sale are derived by capitalizing the estimated net operating income of each property for the year following lease expiration at an estimated residual capitalization rate. The discount rates and residual capitalization rates used to value the properties are selected based on several factors, including the creditworthiness of the lessees, industry surveys, property type, location and age, current lease rates relative to market lease rates and anticipated lease duration. In the case where a tenant has a purchase option deemed to be materially favorable to the tenant, or the tenant has long-term renewal options at rental rates below estimated market rental rates, the appraisal assumes the exercise of such purchase option or long-term renewal options in its determination of residual value. Where a property is deemed to have excess land, the discounted cash flow analysis includes the estimated excess land value at the assumed expiration of the lease, based upon an analysis of comparable land sales or listings in the general market area of the property grown at estimated market growth rates through the year of lease expiration. For those properties that are under contract for sale, the appraised value of the portfolio reflects the current contractual sale price of such properties. See Real Estate Leased to Others and Depreciation below for a discussion of our significant accounting policies related to tangible assets. We include the value of below-market leases in Accounts payable, accrued expenses and other liabilities in the consolidated financial statements.
	We record above-market and below-market lease values for owned properties based on the present value (using a discount rate reflecting the risks associated with the leases acquired) of the difference between (i) the contractual amounts to be paid pursuant to the leases negotiated and in place at the time of acquisition of the properties and (ii) our estimate of fair market lease rates for the property or equivalent property, both of which are measured over a period equal to the estimated lease term which includes renewal options with rental rates below estimated market rental rates. We amortize the capitalized above-market lease value as a reduction of rental income over the estimated market lease term. We amortize the capitalized below-market lease value as an increase to rental income over the initial term and any fixed rate renewal periods in the respective leases.
	We measure the fair value of the below-market purchase option liability we acquired in connection with the Merger as the excess of the present value of the fair value of the real estate over the present value of the tenant's exercise price at the option date.
	The value of any in-place lease is estimated to be equal to the property owners' avoidance of costs necessary to release the property for a lease term equal to the remaining primary in-place lease term and the value of investment grade tenancy. The cost avoidance to the property owners' of vacancy/leasing costs necessary to lease the property for a lease term equal to the remaining in-place lease term is derived first by determining the in-place lease term on the subject lease. Then, based on our review of the market, the cost to be borne by a property owner to replicate a market lease to the remaining in-place term was estimated. These costs consist of: (i) rent lost during downtime (i.e. assumed periods of vacancy), (ii) estimated expenses that would be incurred by the property owner during periods of vacancy (iii) rent concessions (i.e. free rent) (iv) leasing commissions and (v) tenant improvements allowances given to tenants. We determine these values using our estimates or by relying in part upon third-party appraisals. We amortize the capitalized value of in-place lease intangibles to expense over the remaining initial term of each lease. We amortize the capitalized value of tenant relationships to expense over the initial and expected renewal terms of the lease. No amortization period for intangibles will exceed the remaining depreciable life of the building.
	If a lease is terminated, we charge the unamortized portion of above-market and below-market lease values to lease revenue, and in-place lease and tenant relationship values to amortization expense.
	When we acquire leveraged properties, the fair value of debt instruments acquired is determined using a discounted cash flow model with rates that take into account the credit of the tenants, where applicable, and interest rate risk. Such resulting premium or discount is amortized over the remaining term of the obligation. We also consider the value of the underlying collateral taking into account the quality of the collateral, the credit quality of the company, the time until maturity and the current interest rate.
Goodwill, Policy	'
	Goodwill
	In the case of a business combination, after identifying all tangible and intangible assets and liabilities, the excess consideration paid per the fair value of the assets and liabilities acquired and assumed, respectively, represents goodwill. We allocated goodwill to the respective reporting units in which such goodwill arose. Goodwill acquired in the Merger was attributed to the Real Estate Ownership segment which comprises one reporting unit. In the event we dispose of a property that constitutes a business under GAAP from a reporting unit with goodwill, which is less than all of the reporting unit, we allocate a portion of the reporting unit's goodwill to that business in determining the gain or loss on the disposal of the business. The amount of goodwill allocated to the business is based on the relative fair value of the business for the reporting unit.
Operating Real Estate, Policy	'
	Operating Real Estate
	We carry land and buildings and personal property at cost less accumulated depreciation. We capitalize improvements, while we expense replacements, maintenance and repairs that do not improve or extend the lives of the respective assets as incurred.
Assets Held For Sale, Policy	'
	Assets Held for Sale
	We classify those assets that are associated with operating leases as held for sale when we have entered into a contract to sell the property, all material due diligence requirements have been satisfied and we believe it is probable that the disposition will occur within one year. Assets held for sale are recorded at the lower of carrying value or estimated fair value, less estimated costs to sell, which is generally calculated as the expected sale price, less expected selling costs. The results of operations and the related gain or loss on sale of properties that have been sold or that are classified as held for sale and which we will have no continuing involvement in are included in discontinued operations (Note 17).
	If circumstances arise that we previously considered unlikely and, as a result, we decide not to sell a property previously classified as held for sale, we reclassify the property as held and used. We measure and record a property that is reclassified as held and used at the lower of (i) its carrying amount before the property was classified as held for sale, adjusted for any depreciation expense that would have been recognized had the property been continuously classified as held and used or (ii) the estimated fair value at the date of the subsequent decision not to sell.
	We recognize gains and losses on the sale of properties when, among other criteria, we no longer have continuing involvement, the parties are bound by the terms of the contract, all consideration has been exchanged and all conditions precedent to closing have been performed. At the time the sale is consummated, a gain or loss is recognized as the difference between the sale price, less any selling costs, and the carrying value of the property.
Cash and Cash Equivalents, Policy	'
	Cash
	Our cash is held in the custody of several financial institutions, and these balances, at times, exceed federally insurable limits. We seek to mitigate this risk by depositing funds only with major financial institutions.
Other Assets and Liabilities, Policy	'
	Other Assets and Liabilities
	We include prepaid expenses, deferred rental income, tenant receivables, deferred charges, escrow balances held by lenders, restricted cash balances, marketable securities, derivative assets and corporate fixed assets in Other assets. We include derivative instruments; miscellaneous amounts held on behalf of tenants; and deferred revenue, including unamortized below-market rent intangibles and unamortizable below-market purchase options in Other liabilities. Deferred charges are costs incurred in connection with mortgage financings and refinancings that are amortized over the terms of the mortgages and included in Interest expense in the consolidated financial statements. Deferred rental income is the aggregate cumulative difference for operating leases between scheduled rents that vary during the lease term, and rent recognized on a straight-line basis. Marketable securities are classified as available-for-sale securities and reported at fair value with unrealized gains and losses on these securities reported as a component of Other comprehensive income until realized.
Revenue Recognition, Policy	'
	Substantially all of our leases provide for either scheduled rent increases, periodic rent adjustments based on formulas indexed to changes in the CPI or similar indices or percentage rents. CPI-based adjustments are contingent on future events and are therefore not included in straight-line rent calculations. We recognize rents from percentage rents as reported by the lessees, which is after the level of sales requiring a rental payment to us is reached. Percentage rents were insignificant for the periods presented.
	We account for leases as operating or direct financing leases, as described below:
	Operating leases — We record real estate at cost less accumulated depreciation; we recognize future minimum rental revenue on a straight-line basis over the non-cancellable lease term of the related leases and charge expenses to operations as incurred (Note 5).
	Direct financing method — We record leases accounted for under the direct financing method at their net investment (Note 5). We defer and amortize unearned income to income over the lease term so as to produce a constant periodic rate of return on our net investment in the lease.
	On an ongoing basis, we assess our ability to collect rent and other tenant-based receivables and determine an appropriate allowance for uncollected amounts. Because we have a limited number of lessees, we believe that it is necessary to evaluate the collectability of these receivables based on the facts and circumstances of each situation rather than solely using statistical methods. Therefore, in recognizing our provision for uncollected rents and other tenant receivables, we evaluate actual past due amounts and make subjective judgments as to the collectability of those amounts based on factors including, but not limited to, our knowledge of a lessee's circumstances, the age of the receivables, the tenant's credit profile and prior experience with the tenant. Even if a lessee has been making payments, we may reserve for the entire receivable amount if we believe there has been significant or continuing deterioration in the lessee's ability to meet its lease obligations.
	Investment Management Operations
	We earn structuring revenue and asset management revenue in connection with providing services to the Managed REITs. We earn structuring revenue for services we provide in connection with the analysis, negotiation and structuring of transactions, including acquisitions and dispositions and the placement of mortgage financing obtained by the Managed REITs. Asset management revenue consists of property management, leasing and advisory revenue. Receipt of the incentive revenue portion of the asset management revenue or performance revenue, however, which we received from CPA®:15 prior to the date of the Merger in 2012 and from CPA®:14 and CPA®:16 – Global prior to the CPA®:14/16 Merger in 2011, was subordinated to the achievement of specified cumulative return requirements by the stockholders of those CPA®REITs. At our option, the performance revenue could be collected in cash or shares of the CPA REIT (Note 4). In addition, we earn subordinated incentive and disposition revenue related to the disposition of properties. We may also earn termination revenue in connection with the termination of the advisory agreements for the Managed REITs.
	We recognize all revenue as earned. We earn structuring revenue upon the consummation of a transaction and asset management revenue when services are performed. We recognize revenue subject to subordination only when the performance criteria of the Managed REIT is achieved and contractual limitations are not exceeded.
	We earned subordinated disposition and incentive revenue from CPA®:15 until September 28, 2012 (Note 4) after its stockholders received their initial investment plus a specified preferred return. We may earn termination revenue if a liquidity event is consummated by any of the other Managed REITs.
	We are also reimbursed for certain costs incurred in providing services, including broker-dealer commissions paid on behalf of the Managed REITs, marketing costs and the cost of personnel provided for the administration of the Managed REITs. We record reimbursement income as the expenses are incurred, subject to limitations on a Managed REIT's ability to incur offering costs.
Revenue Recognition, Real Estate Transactions, Policy	'
	Real Estate Leased to Others
	We lease real estate to others primarily on a triple-net leased basis, whereby the tenant is generally responsible for all operating expenses relating to the property, including property taxes, insurance, maintenance, repairs, renewals and improvements. We charge expenditures for maintenance and repairs, including routine betterments, to operations as incurred. We capitalize significant renovations that increase the useful life of the properties. For the years ended December 31, 2012, 2011 and 2010, although we are legally obligated for payment pursuant to our lease agreements with our tenants, lessees were responsible for the direct payment to the taxing authorities of real estate taxes of approximately $18.7 million, $6.4 million and $7.7 million, respectively.
Depreciation, Policy	'
	Depreciation
	We compute depreciation of building and related improvements using the straight-line method over the estimated remaining useful lives of the properties (not to exceed 40 years) and furniture, fixtures and equipment (generally up to seven years). We compute depreciation of tenant improvements using the straight-line method over the lesser of the remaining term of the lease or the estimated useful life.
Impairments, Policy	'
	Impairments
	We periodically assess whether there are any indicators that the value of our long-lived assets, including goodwill, may be impaired or that their carrying value may not be recoverable. These impairment indicators include, but are not limited to, the vacancy of a property that is not subject to a lease; a lease default by a tenant that is experiencing financial difficulty; the termination of a lease by a tenant; or the rejection of a lease in a bankruptcy proceeding. We may incur impairment charges on long-lived assets, including real estate, direct financing leases, assets held for sale and equity investments in real estate. We may also incur impairment charges on marketable securities and goodwill. Our policies for evaluating whether these assets are impaired are presented below.
	Real Estate
	For real estate assets in which an impairment indicator is identified, we follow a two-step process to determine whether an asset is impaired and to determine the amount of the charge. First, we compare the carrying value of the property's asset group to the future net undiscounted cash flow that we expect the property's asset group will generate, including any estimated proceeds from the eventual sale of the property's asset group. The undiscounted cash flow analysis requires us to make our best estimate of, among other things, market rents, residual values, and holding periods. Depending on the assumptions made and estimates used, the future cash flow projected in the evaluation of long-lived assets can vary within a range of outcomes. We consider the likelihood of possible outcomes in determining our estimate of future cash flows. If the future net undiscounted cash flow of the property's asset group is less than the carrying value, the property's asset group is considered to be impaired. We then measure the loss as the excess of the carrying value of the property's asset group over its estimated fair value.
	Direct Financing Leases
	We review our direct financing leases at least annually to determine whether there has been an other-than-temporary decline in the current estimate of residual value of the property. The residual value is our estimate of what we could realize upon the sale of the property at the end of the lease term, based on market information. If this review indicates that a decline in residual value has occurred that is other-than-temporary, we recognize an impairment charge equal to the difference between the fair value and carrying value, which is discounted at the internal rate of return of the project.
	Assets Held for Sale
	When we classify an asset as held for sale, we compare the asset's estimated fair value less estimated cost to sell to its carrying value, and if the estimated fair value less estimated cost to sell is less than the property's carrying value, we reduce the carrying value to the estimated fair value less estimated cost to sell. We will continue to review the initial impairment for subsequent changes in the estimated fair value, and may recognize an additional impairment charge, if warranted.
	Equity Investments in Real Estate and the Managed REITs
	We evaluate our equity investments in real estate and in the Managed REITs on a periodic basis to determine if there are any indicators that the value of our equity investment may be impaired and whether or not that impairment is other-than-temporary. To the extent impairment has occurred, we measure the charge as the excess of the carrying value of our investment over its estimated fair value. For equity investments in real estate, we calculate estimated fair value by multiplying the estimated fair value of the underlying venture's net assets by our ownership interest percentage. For certain investments in the Managed REITs, we calculate the estimated fair value of our investment using the most recently published NAV of each Managed REIT, which for CPA®:17 – Global and CWI is deemed to be their initial public offering prices.
	Goodwill
	We evaluate goodwill for possible impairment at least annually or upon the occurrence of a triggering event using a two-step process. To identify any impairment, we first compare the estimated fair value of each of our reporting units with their respective carrying amount, including goodwill. We calculate the estimated fair value of the Investment Management reporting unit by applying a multiple, based on comparable companies, to earnings. For the Real Estate Ownership reporting unit, we calculate its estimated fair value by applying a multiple common to the real estate community. The selection of the comparable companies and transactions to be used in our evaluation process could have a significant impact on the fair value of our reporting units and possible impairments. If the fair value of the reporting unit exceeds its carrying amount, we do not consider goodwill to be impaired and no further analysis is required. If the carrying amount of the reporting unit exceeds its estimated fair value, we then perform the second step to determine and measure the amount of the potential impairment charge.
	For the second step, we compare the implied fair value of the goodwill for each reporting unit with its respective carrying amount and record an impairment charge equal to the excess of the carrying amount over the implied fair value. We determine the implied fair value of the goodwill by allocating the estimated fair value of the reporting unit to its assets and liabilities. The excess of the estimated fair value of the reporting unit over the amounts assigned to its assets and liabilities is the implied fair value of the goodwill.
	We evaluate goodwill on an annual basis or upon the occurrence of a triggering event. The goodwill recorded in our Investment Management reporting unit is evaluated in the fourth quarter of every year. In connection with the Merger, we recorded goodwill in our Real Estate Ownership reporting unit. Prior to the Merger, there was no goodwill recorded in our Real Estate Ownership reporting unit. We will evaluate the goodwill recorded in our Real Estate Ownership reporting unit in the second quarter of every year.
Share-Based Compensation, Policy	'
	Stock-Based Compensation
	We have granted restricted shares, stock options, RSUs and PSUs to certain employees and independent directors. Grants were awarded in the name of the recipient subject to certain restrictions of transferability and a risk of forfeiture. Stock-based compensation expense for all equity-classified stock-based compensation awards is based on the grant date fair value estimated in accordance with current accounting guidance for share-based payments. We recognize these compensation costs for only those shares expected to vest on a straight-line or graded-vesting basis, as appropriate, over the requisite service period of the award. We include stock-based compensation within the listed shares caption of equity.
Foreign Currency, Policy	'
	Foreign Currency
	Translation
	We have interests in real estate investments in the European Union and United Kingdom for which the functional currency is the euro and the British pound sterling, respectively. We perform the translation from the euro or the British pound sterling to the U.S. dollar for assets and liabilities using current exchange rates in effect at the balance sheet date and for revenue and expense accounts using a weighted-average exchange rate during the period. We report the gains and losses resulting from such translation as a component of other comprehensive income in equity.
	Transaction Gains or Losses
	A transaction gain or loss (measured from the transaction date or the most recent intervening balance sheet date, whichever is later), realized upon settlement of a foreign currency transaction generally will be included in net income for the period in which the transaction is settled. Also, foreign currency intercompany transactions that are scheduled for settlement, consisting primarily of accrued interest and the translation to the reporting currency of subordinated intercompany debt with scheduled principal payments, are included in the determination of net income.
	Foreign currency transactions that are intercompany foreign currency transactions that are of a long term nature (that is, settlement is not planned or anticipated in the foreseeable future), when the entities to the transactions are consolidated or accounted for by the equity method in our financial statements, are not included in determining net income but are accounted for in the same manner as foreign currency translation adjustments and reported as a component of other comprehensive income in equity.
	Net realized gains or (losses) are recognized on foreign currency transactions in connection with the transfer of cash from foreign operations of subsidiaries to the parent company. For the years ended December 31, 2012, 2011 and 2010, we recognized net realized (losses) gains on such transactions of $(0.6) million, $0.4 million and less than $(0.1) million, respectively.
Derivatives Investments, Policy	'
	Derivative Instruments
	We measure derivative instruments at fair value and record them as assets or liabilities, depending on our rights or obligations under the applicable derivative contract. Derivatives that are not designated as hedges must be adjusted to fair value through earnings. For a derivative designated and qualified as a cash flow hedge, the effective portion of the change in fair value of the derivative is recognized in Other comprehensive income until the hedged item is recognized in earnings. The ineffective portion of a derivative's change in fair value is immediately recognized in earnings.
	We made an accounting policy election effective January 1, 2011, or the “effective date,” to use the portfolio exception in Accounting Standards Codification (“ASC”) 820-10-35-18D “Fair Value Measurement”, the “portfolio exception,” with respect to measuring counterparty credit risk for all of our derivative transactions subject to master netting arrangements.
Income Tax, Policy	'
	Income Taxes
	W. P. Carey & Co. LLC, our predecessor, converted to a REIT through the REIT Reorganization (Note 3). Effective February 15, 2012, we have elected to be taxed as a REIT under Sections 856 through 860 of the Internal Revenue Code for the year ended December 31, 2012. As a REIT, we are not subject to federal income taxes on our income and gains that we distribute to our stockholders as long as we satisfy certain requirements, principally relating to the nature of our income and the level of our distributions, as well as other factors. We believe that we have operated, and we intend to continue to operate, in a manner that allows us to continue to qualify as a REIT. Deferred income taxes are recorded for the corporate subsidiaries based on earnings reported. The provision for income taxes differs from the amounts currently payable because of temporary differences in the recognition of certain income and expense items for financial reporting and tax reporting purposes. Income taxes are computed under the asset and liability method. The asset and liability method requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of temporary differences between tax bases and financial bases of assets and liabilities (Note 16).
	Real Estate Ownership Operations
	We expect to derive most of our REIT income from our real estate operations under our Real Estate Ownership segment. As such, our real estate operations are generally not subject to federal tax, and accordingly, no provision has been made for U.S. federal income taxes in the consolidated financial statements for these operations. These operations are subject to certain state, local and foreign taxes, as applicable.
	We hold our real estate assets under a subsidiary, Carey REIT II. Carey REIT II has elected to be taxed as a REIT under the Internal Revenue Code. We believe we have operated, and we intend to continue to operate, in a manner that allows Carey REIT II to continue to qualify as a REIT. Under the REIT operating structure, Carey REIT II is permitted to deduct distributions paid to our stockholders and generally will not be required to pay U.S. federal income taxes. Accordingly, no provision has been made for U.S. federal income taxes in the consolidated financial statements related to Carey REIT II.
	Investment Management Operations
	We conduct our investment management operations primarily through TRSs. These operations are subject to federal, state, local and foreign taxes, as applicable. Our financial statements are prepared on a consolidated basis including these TRSs and include a provision for current and deferred taxes on these operations.
Earnings Per Share, Policy	'
	Earnings Per Share
	Basic earnings per share is calculated by dividing net income available to common stockholders, as adjusted for unallocated earnings attributable to the unvested RSUs by the weighted-average number of shares of common stock outstanding during the period. Diluted earnings per share reflects potentially dilutive securities (options, restricted shares and RSUs) using the treasury stock method, except when the effect would be anti-dilutive.
Future Accounting Requirements, Policy	'
	Future Accounting Requirement
	The following Accounting Standards Update (“ASU”) promulgated by the FASB is applicable to us in future reports, as indicated:
	ASU 2012-02, Testing Indefinite-Lived Intangible Assets for Impairment — In July 2012, the FASB issued an update to ASC 350, Intangibles – Goodwill and Other. The objective of this ASU is to simplify how entities test indefinite-lived intangible assets for impairment and to improve consistency in impairment testing guidance among long-lived asset categories. The amendments in the ASU permit an entity to first assess qualitative factors to determine whether it is more likely than not that the fair value of an indefinite-lived intangible asset is less than its carrying amount as a basis for determining whether it is necessary to perform the quantitative impairment test described in topic 350. The more-likely-than-not threshold is defined as having a likelihood of more than 50 percent. Previous guidance under topic 350 required an entity to test indefinite-lived intangible assets for impairment, on at least an annual basis, by comparing the fair value of the asset with its carrying amount. If the fair value of an intangible asset is less than its carrying amount, an entity should recognize an impairment loss in the amount of that excess. Under the amendments in this ASU, an entity is not required to calculate the fair value of an indefinite-lived intangible asset unless the entity determines that it is more likely than not that its fair value is less than its carrying amount. Permitting an entity to assess qualitative factors when testing indefinite-lived intangible assets for impairment, results in guidance that is similar to the goodwill impairment testing guidance in ASU 2011-08. We do not expect the adoption to have a material impact on our financial position and results of operations.
Use Of Estimates	'
	Use of Estimates
	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts and the disclosure of contingent amounts in our consolidated financial statements and the accompanying notes. Actual results could differ from those estimates.

Consolidated_Statements_of_Cas1

Consolidated Statements of Cash Flows (Tables)	12 Months Ended
	Dec. 31, 2012
Additional Cash Flow Elements And Supplemental Cash Flow Information	'
Schedule Of Noncash Or Part Noncash Acquisitions	'
	Assets Acquired at Fair Value
		Investments in real estate	$	1,762,872
		Net investment in direct financing leases		315,789
		Equity investments in real estate		166,247
		Intangible assets		695,310
		Other assets		81,750
	Liabilities Assumed at Fair Value
		Non-recourse debt		-1,350,755
		Accounts payable, accrued expenses and other liabilities		-186,795
	Amounts attributable to noncontrolling interests			-237,359
	Net assets acquired excluding cash			1,247,059
	Fair value of common shares issued			-1,380,362
	Cash consideration			-152,356
	Fair value of W. P. Carey & Co. LLC equity interest in CPA®:15 prior to the Merger			-107,147
	Fair value of W. P. Carey & Co. LLC equity interest in jointly-owned investments with CPA®:15 prior to the Merger			-54,822
	Goodwill			268,683
	Cash acquired on acquisition of subsidiaries		$	-178,945
Schedule of Assets and Liabilities Deconsolidated	'
	Assets
		Net investments in properties		$	5,340
		Intangible assets and goodwill, net			-15
			Total	$	5,325
	Liabilities
		Non-recourse debt		$	-6,311
		Accounts payable, accrued expenses and other liabilities			-22
			Total	$	-6,333
Schedule of Cash Flow, Supplemental Disclosures	'
			Years Ended December 31,
			2012			2011		2010
	Interest paid		$	38,092		$	21,168	$	15,351
	Income taxes paid		$	12,501		$	33,641	$	24,307

Merger_with_CPA_15_Tables

Merger with CPA 15 (Tables)	12 Months Ended
	Dec. 31, 2012
REIT Reorganization and Merger	'
Schedule of Merger Activity	'
				Initially Reported		Measurement		As Revised at
				at September 30, 2012		Period Adjustments		31-Dec-12
	Total Consideration
		Fair value of W. P. Carey shares of common stock issued		$	1,380,362	$	-	$	1,380,362
		Cash consideration paid			152,356		-		152,356
	Merger Consideration				1,532,718		-		1,532,718
		Fair value of our equity interest in CPA®:15 prior to the Merger			107,147		-		107,147
		Fair value of our equity interest in jointly-owned investments with CPA®:15 prior to the Merger			54,822		-		54,822
				$	1,694,687	$	-	$	1,694,687
	Assets Acquired at Fair Value
		Net investment in properties		$	1,758,372	$	4,500	$	1,762,872
		Net investment in direct financing leases			315,789		-		315,789
		Equity investments in real estate			164,886		1,361		166,247
		Intangible assets (Note 8)			694,411		899		695,310
		Cash and cash equivalents			178,945		-		178,945
		Other assets			83,838		-2,088		81,750
					3,196,241		4,672		3,200,913
	Liabilities Assumed at Fair Value
		Non-recourse debt			-1,350,755		-		-1,350,755
		Accounts payable, accrued expenses and other liabilities (including below-market rent intangibles of $102,155)			-187,712		917		-186,795
		Prepaid and deferred rental income and security deposits
					-1,538,467		917		-1,537,550
	Total identifiable net assets				1,657,774		5,589		1,663,363
	Amounts attributable to noncontrolling interests				-238,038		679		-237,359
	Goodwill				274,951		-6,268		268,683
				$	1,694,687	$	-	$	1,694,687
Pro Forma Financial Information	'
				2012		2011
	Pro forma total revenues			$	529,331	$	542,667
	Pro forma income attributable to W. P. Carey stockholders			$	140,284	$	117,708
	Pro forma earnings per share:		(a)
		Basic		$	2.03	$	1.7
		Diluted		$	2.01	$	1.7
	Pro forma weighted average shares:		(b)
		Basic			68,382,378		67,990,118
		Diluted			69,071,391		68,268,738

Agreements_and_Transactions_wi1

Agreements and Transactions with Related Parties (Tables)	12 Months Ended
	Dec. 31, 2012
Agreements and Transactions with Related Parties	'
Schedule Of Related Party Transactions	'
		Years Ended December 31,
		2012			2011			2010
	Asset management revenue	$	56,666		$	66,808		$	76,246
	Structuring revenue		48,355			46,831			44,525
	Incentive, termination and subordinated disposition revenue		-			52,515			-
	Wholesaling revenue		19,914			11,664			11,096
	Reimbursed costs from affiliates		98,245			64,829			60,023
	Distributions of Available Cash		30,009			15,535			4,468
	Deferred revenue earned		8,492			5,662			-
		$	261,681		$	263,844		$	196,358
		Years Ended December 31,
		2012			2011			2010
	CPA®:14	$	-		$	59,605		$	23,387
	CPA®:15		21,563			31,489			31,172
	CPA®:16 – Global		50,825			40,555			28,478
	CPA®:17 – Global		173,262			124,465			112,386
	CWI		15,334			6,745			-
	Other		697			985			935
		$	261,681		$	263,844		$	196,358
Schedule Of Unpaid Deferred Acquisition Fees And Interest Earned	'
							December 31,
							2012			2011
	Unpaid deferred acquisition fees						$	28,654		$	29,410
				Years Ended December 31,
				2012			2011			2010
	Interest earned on unpaid deferred acquisition fees			$	1,064		$	1,332		$	1,136
Reconciliation of Reedemable Securities	'
		Year Ended
		December 31, 2012
	Reclassification from permanent equity to temporary equity		85,000
	Redemptions of securities		-45,000
	Balance - end of year	$	40,000

Net_Investments_in_Properties_

Net Investments in Properties (Tables)	12 Months Ended
	Dec. 31, 2012
Net Investments in Properties	'
Net Investments in Real Estate Properties	'
		December 31,
		2012			2011
	Land	$	509,530		$	111,483
	Buildings		1,822,083			534,999
	Less: Accumulated depreciation		-116,075			-118,054
		$	2,215,538		$	528,428
Net Investments in Operating Real Estate Properties	'
		December 31,
		2012			2011
	Land	$	22,158		$	24,031
	Buildings		77,545			85,844
	Less: Accumulated depreciation		-19,993			-17,121
		$	79,710		$	92,754
Schedule of Minimum Lease Rents Receivable	'
	Years Ending December 31,		Total
	2013		$	272,559
	2014			270,952
	2015			249,266
	2016			227,445
	2017			213,292
	Thereafter			1,078,071
	Total		$	2,311,585

Finance_Receivables_Tables

Finance Receivables (Tables)	12 Months Ended
	Dec. 31, 2012
Finance Receivables	'
Capital Leases Net Investment In Direct Financing Leases	'
		December 31,
		2012			2011
	Minimum lease payments receivable	$	430,514		$	29,986
	Unguaranteed residual value		375,706			57,218
			806,220			87,204
	Less: unearned income		-430,215			-29,204
		$	376,005		$	58,000
Schedule Of Future Minimum Lease Payments For Capital Leases	'
	Years Ending December 31,	Total
	2013	$	34,573
	2014		32,277
	2015		31,968
	2016		30,150
	2017		29,707
	Thereafter		271,839
	Total	$	430,514
Finance Receivables Credit Quality Indicators	'
		Number of Tenants at				Net Investments in Direct Financing Leases at
	Internal Credit Quality Indicator	December 31, 2012		31-Dec-11		December 31, 2012		31-Dec-11
	1	3		8		$	46,398	$	46,694
	2	4		2			49,764		11,306
	3	8		-			257,281		-
	4	4		-			22,562		-
	5	-		-			-		-
						$	376,005	$	58,000

Equity_Investment_in_Real_Esta1

Equity Investment in Real Estate and the Managed REITs (Tables)	12 Months Ended
	Dec. 31, 2012
Equity Investments in Real Estate and the Managed REITs	'
Schedule Of Income From Equity Investment	'
					Years Ended December 31,
					2012			2011			2010
	Equity earnings from equity investments in the Managed REITs				$	5,509		$	16,928		$	10,480
	Other-than-temporary impairment charges on CPA®:16 – Global operating partnership					-9,910			-			-
	Distributions of Available Cash (Note 4)					30,009			15,535			4,468
	Deferred revenue earned (Note 4)					8,492			5,662			-
		Equity income from the Managed REITs				34,100			38,125			14,948
	Equity earnings from other equity investments					28,292			13,103			16,044
		Total income from equity investments in real estate and the Managed REITs			$	62,392		$	51,228		$	30,992
Carrying Amount Of Investment In Funds	'
				% of Outstanding Shares Owned at				Carrying Amount of Investment at
	Fund			December 31, 2012		31-Dec-11		December 31, 2012		(a)		31-Dec-11
	CPA®:15	(b)		(c)		7.70%		$	-			$	93,650
	CPA®:16 – Global	(d) (e) (f)		18.30%		17.90%			313,441				338,964
	CPA®:17 – Global	(g)		1.30%		0.90%			38,977				21,277
	CWI			0.40%		0.50%			727				121
								$	353,145			$	454,012
Schedule Of Financial Information Of Investment	'
		December 31,
		2012			2011
	Assets	$	8,052,546		$	9,184,111
	Liabilities		-3,959,756			-4,896,116
	Redeemable noncontrolling interests		-21,747			-21,306
	Noncontrolling interests		-170,140			-330,873
	Stockholders’ equity	$	3,900,903		$	3,935,816
			Years Ended December 31,
			2012			2011			2010
	Revenues		$	809,364		$	789,933		$	737,369
	Expenses	(a) (b)		-626,422			-599,822			-501,216
	Income from continuing operations		$	182,942		$	190,111		$	236,153
	Net income attributable to the Managed REITs	(c) (d)	$	123,815		$	123,479		$	189,155
Ownership Interests and Carrying Values in Equity Investments	'
				Ownership Interest		Carrying Value at December 31,
	Lessee			at December 31, 2012		2012			2011
	Schuler A.G.	(a) (b) (c) (d)		67%		$	62,006		$	19,958
	Hellweg Die Profi-Baumarkte GmbH & Co. KG (Hellweg 2)	(a) (c)		45%			42,387			1,062
	Advanced Micro Devices	(b) (e)		33%			23,667			-
	The New York Times Company	(f)		18%			20,584			19,647
	C1000 Logistiek Vastgoed B.V.	(a) (b) (e)		15%			14,929			-
	Del Monte Corporation	(b) (e)		50%			8,318			-
	U. S. Airways Group, Inc.	(b) (g)		75%			7,995			7,415
	The Talaria Company (Hinckley)	(e) (h)		30%			7,702			-
	The Upper Deck Company	(b) (e)		50%			7,198			-
	Waldaschaff Automotive GmbH and Wagon Automotive Nagold GmbH	(a) (e)		33%			6,323			-
	Builders FirstSource, Inc.	(e)		40%			5,138			-
	PETsMART, Inc.	(e)		30%			3,808			-
	Consolidated Systems, Inc.	(b)		60%			3,278			3,387
	Carrefour France, SAS	(a)		(i)			-			20,014
	Médica – France, S.A.	(a)		(j)			-			4,430
	Hologic, Inc.			(i)			-			4,429
	Childtime Childcare, Inc.			(i)			-			4,419
	Symphony IRI Group, Inc.	(k) (l) (m)		(i)			-			-24
	SaarOTEC	(a) (e) (l)		50%			-116			-
	Wanbishi Archives Co. Ltd.	(a) (l) (n)		3%			-736			-
						$	212,481		$	84,737
Financial Information of Venture Properties	'
		December 31,
		2012			2011
	Assets	$	1,286,294		$	1,026,124
	Liabilities		-799,422			-706,244
	Redeemable noncontrolling interest		-21,747			-21,306
	Partners’/members’ equity	$	465,125		$	298,574
						Years Ended December 31,
						2012			2011			2010
	Revenues					$	108,242		$	118,819		$	146,214
	Expenses						-64,453			-75,992			-79,665
	Impairment charges	(b)					-			-8,602			-
	Income from continuing operations					$	43,789		$	34,225		$	66,549
	Net income attributable to equity method investees	(a) (b)				$	79,591		$	34,225		$	66,549

Recovered_Sheet1

Intangible assets and Goodwill (Tables)	12 Months Ended
	Dec. 31, 2012
Goodwill And Intangible Assets Disclosure	'
Schedule Of Acquired Finite Lived Intangible Assets Liabilites By Major Class	'
						Initially			Measurement			As
			Weighted-Average			Reported at			Period			Revised at
			Life			30-Sep-12			Adjustments			31-Dec-12
	Amortizable Intangible Assets
	Lease intangibles:
	In-place lease			12.9		$	413,198		$	5,322		$	418,520
	Above-market rent			11.7			284,174			790			284,964
	Total intangible assets					$	697,372		$	6,112		$	703,484
	Amortizable Intangible Liabilities
	Below-market rent			29.9		$	-79,312		$	-1,111		$	-80,423
	Above-market ground lease			11.8			-6,896			-			-6,896
	Unamortizable Intangible Liabilities
	Below-market purchase option						-16,711			314			-16,397
	Total intangible liabilities					$	-102,919		$	-797		$	-103,716
Schedule Of Goodwill	'
				Management			Ownership			Total
	Balance at January 1, 2010			$	63,607		$	-		$	63,607
	Balance at December 31, 2010				63,607			-			63,607
	Balance at December 31, 2011				63,607			-			63,607
	Acquisition of CPA®:15				-			268,683			268,683
	Allocation of goodwill to dispositions of properties within the reporting unit	(a)			-			-3,158			-3,158
	Balance at December 31, 2012			$	63,607		$	265,525		$	329,132
Schedule Of Intangible Assets Liabilities And Goodwill	'
			December 31,
			2012									2011
			Carrying			Accumulated						Carrying		Accumulated
			Amount			Amortization			Total			Amount		Amortization		Total
	Amortizable Intangible Assets
	Management contracts		$	32,765		$	-31,283		$	1,482		$	32,765	$	-30,172	$	2,593
				32,765			-31,283			1,482			32,765		-30,172		2,593
	Lease Intangibles:	(a)
	In-place lease			474,629			-27,351			447,278			62,162		-17,585		44,577
	Other intangibles			8,149			-3,406			4,743			10,968		-4,586		6,382
	Above-market rent			293,627			-13,742			279,885			9,905		-5,082		4,823
				776,405			-44,499			731,906			83,035		-27,253		55,782
	Unamortizable Goodwill and Indefinite-Lived Intangible Assets
	Goodwill			329,132			-			329,132			63,607		-		63,607
	Trade name			3,975			-			3,975			3,975		-		3,975
				333,107			-			333,107			67,582		-		67,582
	Total Intangible Assets		$	1,142,277		$	-75,782		$	1,066,495		$	183,382	$	-57,425	$	125,957
	Amortizable Intangible Liabilities
	Below-market rent		$	-86,171		$	3,227		$	-82,944		$	-6,455	$	1,482	$	-4,973
	Above-market ground lease			-6,896			103			-6,793			-		-		-
				-93,067			3,330			-89,737			-6,455		1,482		-4,973
	Unamortizable Intangible Liabilities
	Below-market purchase option			-16,711			-			-16,711			-		-		-
	Total Intangible Liabilities		$	-109,778		$	3,330		$	-106,448		$	-6,455	$	1,482	$	-4,973
Schedule Of Finite Lived Intangible Assets Future Amortization Expense	'
	Years Ending December 31,				Total
	2013				$	84,274
	2014					79,533
	2015					72,016
	2016					70,050
	2017					66,667
	Thereafter					271,111
	Total				$	643,651

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2012
Fair Value Disclosures	'
Schedule of Fair Value Measurements of Assets and Liabilities	'
							Fair Value Measurements at December 31, 2012 Using:
							Quoted Prices in
							Active Markets for			Significant Other			Unobservable
							Identical Assets			Observable Inputs			Inputs
	Description			Total			(Level 1)			(Level 2)			(Level 3)
	Assets:
	Money market funds			$	231		$	231		$	-		$	-
	Derivative assets				1,745			-			25			1,720
		Total		$	1,976		$	231		$	25		$	1,720
	Redeemable Noncontrolling Interest and Liabilities:
	Redeemable noncontrolling interest			$	7,531		$	-		$	-		$	7,531
	Derivative liabilities				24,578			-			24,578			-
		Total		$	32,109		$	-		$	24,578		$	7,531
							Fair Value Measurements at December 31, 2011 Using:
							Quoted Prices in
							Active Markets for			Significant Other			Unobservable
							Identical Assets			Observable Inputs			Inputs
	Description			Total			(Level 1)			(Level 2)			(Level 3)
	Assets:
	Other securities			$	233		$	-		$	-		$	233
	Money market funds				35			35			-			-
		Total		$	268		$	35		$	-		$	233
	Redeemable Noncontrolling Interest and Liabilities:
	Redeemable noncontrolling interest			$	7,700		$	-		$	-		$	7,700
	Derivative liabilities				4,175			-			4,175			-
		Total		$	11,875		$	-		$	4,175		$	7,700
Schedule Of Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis	'
				Fair Value Measurements Using
				Significant Unobservable Inputs (Level 3 Only)
				Year Ended December 31, 2012												Year Ended December 31, 2011
				Assets												Assets
													Redeemable									Redeemable
				Other			Derivative			Total			Noncontrolling			Other		Derivative		Total		Noncontrolling
				Securities			Assets			Assets			Interest			Securities		Assets		Assets		Interest
	Beginning balance			$	233		$	-		$	233		$	7,700		$	263	$	-	$	263	$	7,546
		Total gains or losses (realized and unrealized):
			Included in earnings		10			80			90			40			-20		-		-20		1,923
			Included in other comprehensive (loss) income		-7			-			-7			6			-10		-		-10		-5
		Settlements			-236			-			-236			-			-		-		-		-
		Acquired due to Merger			-			1,640			1,640			-			-		-		-		-
		Distributions paid			-			-			-			-1,055			-		-		-		-1,309
		Redemption value adjustment			-			-			-			840			-		-		-		-455
		Amortization and accretion
	Ending balance			$	-		$	1,720		$	1,720		$	7,531		$	233	$	-	$	233	$	7,700
	The amount of total gains or losses for the period included in earnings attributable to the change in unrealized gains or losses relating to assets still held at the reporting date			$	-		$	80		$	80		$	-		$	-20	$	-	$	-20	$	-
Schedule Of Other Financial Instruments In Carrying Values And Fair Values	'
					December 31, 2012						31-Dec-11
			Level		Carrying Value			Fair Value			Carrying Value			Fair Value
	Non-recourse debt	(a)	3		$	1,715,397		$	1,727,985		$	356,209		$	361,948
	Senior Credit Facility		2			253,000			253,000			233,160			233,160
	Deferred acquisition fees receivable	(b)	3			28,654			33,632			29,410			31,638
Schedule Of Fair Value Impairment Charges Using Unobservable Inputs Nonrecurring Basis	'
				Year Ended December 31, 2012						Year Ended December 31, 2011						Year Ended December 31, 2010
				Total Fair Value			Total Impairment			Total Fair Value			Total Impairment			Total Fair Value		Total Impairment
				Measurements			Charges			Measurements			Charges			Measurements		Charges
	Impairment Charges from Continuing Operations:
	Real estate		(a)	$	-		$	-		$	380		$	243		$	-	$	-
	Net investments in direct financing leases		(b)		-			-			-			-1,608			3,548		1,140
	Equity investments in real estate		(c)		17,140			9,910			1,554			206			22,846		1,394
					17,140			9,910			1,934			-1,159			26,394		2,534
	Impairment Charges from Discontinued Operations:
	Real estate		(a)		39,642			12,495			42,207			11,838			11,662		14,241
	Operating real estate		(d)		5,002			10,467			-			-			-		-
	Intangible assets
				$	61,784		$	32,872		$	44,141		$	10,679		$	38,056	$	16,775

Risk_Management_and_Use_of_Der1

Risk Management and Use of Derivative Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2012
Risk Management and Use of Derivative Financial Instruments	'
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	'
	Derivatives Designated					Asset Derivatives Fair Value at						Liability Derivatives Fair Value at
	as Hedging Instruments			Balance Sheet Location		December 31, 2012			31-Dec-11			December 31, 2012			31-Dec-11
	Interest rate cap			Other assets, net			25			-			-			-
	Foreign currency contracts			Accounts payable, accrued
				expenses and other liabilities			-			-			-2,067			-
	Interest rate swaps			Accounts payable, accrued			-			-			-5,825			-4,175
				expenses and other liabilities
	Derivatives Not Designated
	as Hedging Instruments
	Stock warrants	(a)		Other assets, net			1,720			-			-			-
	Interest rate swaps	(a)		Accounts payable, accrued
				expenses and other liabilities			-			-			-16,686			-
	Total derivatives					$	1,745		$	-		$	-24,578		$	-4,175
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)	'
				Amount of Gain (Loss) Recognized in
				Other Comprehensive Income on Derivatives (Effective Portion)
				Years Ended December 31,
	Derivatives in Cash Flow Hedging Relationships			2012			2011			2010
	Interest rate swaps			$	-1,059		$	-3,564		$	-45
	Interest rate cap				277			-			-
	Foreign currency contracts				-1,480			-			-
	Total			$	-2,262		$	-3,564		$	-45
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance	'
				Amount of Gain (Loss) Reclassified from Other Comprehensive Income
				into Income (Effective Portion)
				Years Ended December 31,
	Derivatives in Cash Flow Hedging Relationships			2012			2011			2010
	Interest rate swaps			$	-1,442		$	-		$	-
	Foreign currency contracts				-186
	Total			$	-1,628		$	-		$	-
						Amount of Gain (Loss) Recognized in
						Income on Derivatives
				Location of Gain (Loss)		Years Ended December 31,
	Derivatives Not in Cash Flow Hedging Relationships			Recognized in Income		2012			2011			2010
	Interest rate swaps			Other income and (expenses)		$	429		$	-		$	-
	Stock warrants			Other income and (expenses)			108			-			-
	Total					$	537		$	-		$	-
Schedule of Derivative Instruments	'
					Notional			Effective		Effective		Expiration		Fair Value at
	Description		Type		Amount			Interest Rate		Date		Date		December 31, 2012
	3-Month Euro Interbank Offering Rate (“Euribor”)		Interest rate cap		€	69,457		2.00%		Dec-12		Dec-14		$	25
	3-Month Euribor		“Pay-fixed” swap		€	6,286		4.20%		Mar-08		Mar-18			-1,392
	1-Month LIBOR		“Pay-fixed” swap		$	33,631		3.00%		Jul-10		Jul-20			-3,624
	1-Month LIBOR		“Pay-fixed” swap		$	25,714		3.90%		Aug-12		Aug-22			-403
	1-Month LIBOR		“Pay-fixed” swap		$	6,905		4.40%		Jun-12		Mar-22			-122
	1-Month LIBOR		“Pay-fixed” swap		$	4,414		3.00%		Apr-10		Apr-15			-247
	1-Month LIBOR		“Pay-fixed” swap		$	3,500		3.70%		Dec-12		Feb-19			-37
														$	-5,800
						Notional			Effective		Effective		Expiration		Fair Value at
	Description	(a) (c)		Type		Amount			Interest Rate		Date		Date		December 31, 2012
	3-Month Euribor			“Pay-fixed” swap		€	100,000		3.70%		Jul-06		Jul-16		$	-15,462
	3-Month Euribor			“Pay-fixed” swap		€	15,970		0.90%		Apr-12		Jul-13			-86
	3-Month Euribor			“Pay-fixed” swap		€	6,975		4.40%		Apr-08		Oct-15			-523
	3-Month Euribor			“Pay-fixed” swap		€	5,479		4.30%		Apr-07		Jul-16			-615
															$	-16,686
				Ownership
				Interest at				Notional							Effective		Expiration	Fair Value at
	Description			December 31, 2012		Type		Amount			Cap Rate		Spread		Date		Date	December 31, 2012
	3-Month LIBOR	(a)		17.80%		Interest rate cap		$	119,185		4.00%		4.80%		Aug-09		Aug-14	$	1
	1-Month LIBOR	(b)		79.00%		Interest rate cap			17,275		3.00%		4.00%		Sep-09		Apr-14		-
																		$	1
			Notional			Strike			Effective		Expiration		Fair Value at
	Type		Amount			Price			Date		Date		December 31, 2012
	Foreign currency forward contracts		€	50,648		$	1.27 - 1.30		May-12		3/2013 - 6/2017		$	-2,051
	Foreign currency forward contracts		€	8,700		$	1.34 - 1.35		Dec-12		9/2017 - 3/2018			-16
													$	-2,067
Portfolio Concentration Risk	'
			December 31, 2012
	Region:
	California		10%
	Other U.S.		62%
		Total U.S	72%
		Total Europe	28%
		Total	100%
	Asset Type:
	Office		29%
	Industrial		19%
	Warehouse/Distribution		15%
	Retail		14%
	Self storage		10%
	All others		13%
		Total	100%
	Tenant Industry:
	Retail		20%
	All other		80%
			100%
	Aerospace and Defense

Impairment_Charges_Tables

Impairment Charges (Tables)	12 Months Ended
	Dec. 31, 2012
Impairment Charges	'
Schedule Of Asset Impairments	'
				Years Ended December 31,
				2012		2011		2010
	Real estate			$	-	$	243	$	-
	Net investments in direct financing leases				-		-1,608		1,140
		Total impairment charges included in expenses			-		-1,365		1,140
	Equity investments in real estate		(a)		9,910		206		1,394
		Total impairment charges included in continuing operations			9,910		-1,159		2,534
	Impairment charges included in discontinued operations				22,962		11,838		14,241
		Total impairment charges		$	32,872	$	10,679	$	16,775

Debt_Tables

Debt (Tables)	12 Months Ended
	Dec. 31, 2012
Debt Disclosure	'
Schedule of Debt	'
	Years Ending December 31,			Total
	2013			$	174,648
	2014		(b)		631,345
	2015				240,681
	2016				87,223
	2017				125,999
	Thereafter through 2037				725,257
					1,985,153
	Unamortized discount				-16,756
		Total		$	1,968,397

Equity_Tables

Equity (Tables)	12 Months Ended
	Dec. 31, 2012
Equity	'
Schedule Of Distributions Paid Per Share For Tax	'
		Distributions Paid on
		16-Oct-12
	Ordinary income	$	0.6228
	Return of capital		0.0272
	Total distributions	$	0.65
Redeemable Noncontrolling Interest	'
		Years Ended December 31,
		2012			2011		2010
	Beginning balance	$	7,700		$	7,546	$	7,692
	Redemption value adjustment		840			-455		-471
	Net income		40			1,923		1,293
	Distributions		-1,055			-1,309		-956
	Change in other comprehensive (loss) income		6			-5		-12
	Ending balance	$	7,531		$	7,700	$	7,546
					Years Ended December 31,
					2012		2011		2010
	Net income attributable to W. P. Carey				$	62,132	$	139,079	$	73,972
		Transfers to noncontrolling interest
			Decrease in W. P. Carey’s additional paid-in capital for purchase of 50 Rock			-154		-		-
			Decrease in W. P. Carey’s additional paid-in capital for purchase of CheckFree Holdings, Inc.			-		-5,879		-
				Net transfers to noncontrolling interest		-154		-5,879		-
		Change from net income attributable to W. P. Carey and transfers to noncontrolling interest			$	61,978	$	133,200	$	73,972
Schedule Of Accumulated Other Comprehensive Income Loss	'
		December 31,
		2012			2011
	Unrealized gain on marketable securities	$	31		$	37
	Unrealized loss on derivative instruments		-6,029			-5,246
	Foreign currency translation adjustment		1,349			-3,298
	Accumulated other comprehensive loss	$	-4,649		$	-8,507
Earnings Per Share Reconciliation Table	'
		Years Ended December 31,
		2012			2011		2010
	Net income attributable to W. P. Carey	$	62,132		$	139,079	$	73,972
	Allocation of earnings to participating unvested RSUs		-535			-2,130		-440
	Net income – basic		61,597			136,949		73,532
	Income effect of dilutive securities, net of taxes		23			1,076		724
	Net income – diluted	$	61,620		$	138,025	$	74,256
	Weighted average shares outstanding – basic		47,389,460			39,819,475		39,514,746
	Effect of dilutive securities		689,014			278,620		493,148
	Weighted average shares outstanding – diluted		48,078,474			40,098,095		40,007,894

StockBased_Compensation_and_Ot

Stock-Based Compensation and Other Compensation (Tables)	12 Months Ended
	Dec. 31, 2012
Stock-Based and Other Compensation	'
Long Term Incentive Plan Awards Granted	'
	Fiscal Year			RSUs Awarded		PSUs Awarded
	2010			140,050		159,250
	2011	(a)		524,550		291,600
	2012	(b)		259,400		314,400
Schedule Of Share Based Compensation Stock Options Activity	'
			Year Ended December 31, 2012
							Weighted
							Average
				Weighted			Remaining
				Average			Contractual	Aggregate
			Shares	Exercise Price			Term (in Years)	Intrinsic Value
	Outstanding at beginning of year		1,208,041	$	28.73		-		-
		Exercised	-410,331		25.94		-		-
		Forfeited / Expired	-3,500		24.93		-		-
	Outstanding at end of year		794,210	$	30.32		3.19	$	17,335,637
	Vested and expected to vest at end of year		746,689	$	30.26		3.18	$	16,346,539
	Exercisable at end of year		623,218	$	30.22		2.99	$	13,669,784
			Years Ended December 31,
			2011					2010
							Weighted					Weighted
							Average					Average
							Remaining					Remaining
				Weighted			Contractual			Weighted		Contractual
				Average			Term			Average		Term
			Shares	Exercise Price			(in Years)	Shares		Exercise Price		(in Years)
	Outstanding at beginning of year		1,699,701	$	28.57			2,255,604		$	27.55
		Exercised	-449,660		27.71			-399,507			22.26
		Forfeited / Expired	-42,000		32.85			-156,396			30.24
	Outstanding at end of year		1,208,041	$	28.73		3.29	1,699,701		$	28.57	4.26
	Exercisable at end of year		959,779	$	28.36			1,231,683		$	27.86
Restricted Stock, RSU and PSU Rollforward	'
			Restricted Stock and RSU Awards				PSU Awards
				Weighted Average				Weighted Average
				Grant Date				Grant Date
			Shares	Fair Value			Shares	Fair Value
	Nonvested at January 1, 2010		381,878	$	28.87		170,375	$	32.33
	Granted		156,682		28.34		159,250		36.16
	Vested	(a)	-175,225		28.58		-		-
	Forfeited		-99,515		29.75		-65,725		36.26
	Adjustment	(b)	-		-		-19,906		28.49
	Nonvested at December 31, 2010		263,820		28.42		243,994		36.18
	Granted		541,890		34.65		291,600		46.66
	Vested	(a)	-162,437		30.48		-48,925		39.78
	Forfeited		-18,480		29.32		-14,055		42.14
	Adjustment	(b)	-		-		200,814		22.65
	Nonvested at December 31, 2011		624,793		33.26		673,428		36.3
	Granted		274,420		41.41		314,400		42.28
	Vested	(a)	-268,683		32.56		-235,189		23.66
	Forfeited		-36,336		36.33		-49,494		33.96
	Adjustment	(b)	-		-		296,368		26.01
	Nonvested at December 31, 2012		594,194	$	37.15		999,513	$	34.55

Income_Taxes_Tables

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2012
Income Taxes	'
Schedule Of Components Of Income Tax Expense Benefit	'
		Years Ended December 31,
		2012		2011			2010
	Federal
	Current	$	18,142	$	17,820		$	17,729
	Deferred		-21,167		6,867			-2,409
			-3,025		24,687			15,320
	State, Local and Foreign
	Current		15,441		10,559			12,288
	Deferred		-5,633		1,968			-1,756
			9,808		12,527			10,532
	Total Provision	$	6,783	$	37,214		$	25,852
Schedule Of Deferred Tax Assets And Liabilities	'
		At December 31,
		2012		2011
	Deferred Tax Assets
	Unearned and deferred compensation	$	17,272	$	12,598
	Other		10,832		3,465
			28,104		16,063
	Deferred Tax Liabilities
	Receivables from affiliates		-13,251		-14,378
	Investments		-31,598		-45,812
	Other		-583		-
			-45,432		-60,190
	Net Deferred Tax Liability	$	-17,328	$	-44,127
Schedule Of Effective Income Tax Rate Reconciliation	'
		Years Ended December 31,
		2012				2011				2010
	Pre-tax (loss) income from taxable subsidiaries	$	-412			$	78,561			$	49,253
	Federal provision at statutory tax rate (35%)		-144	35.00%			27,496		35.00%		17,238	35.00%
	State and local taxes, net of federal benefit		616	-149.50%			7,409		9.40%		4,303	8.70%
	Amortization of intangible assets		465	-112.90%			486		0.60%		854	1.70%
	Other		1,069	-261.20%			272		0.40%		264	0.60%
	Tax provision — taxable subsidiaries		2,006	-488.60%			35,663		45.40%		22,659	46.00%
	Other state, local and foreign taxes		4,777				1,551				3,193
	Total provision	$	6,783			$	37,214			$	25,852

Discountinued_Operation_Tables

Discountinued Operation (Tables)	12 Months Ended
	Dec. 31, 2012
Discontinued Operations	'
Schedule Of Disposal Groups Including Discontinued Operations Income Statement Balance Sheet And Additional Disclosures	'
		Years Ended December 31,
		2012		2011		2010
	Revenues	$	10,569	$	14,559	$	18,389
	Expenses		-10,164		-15,262		-14,838
	Gain on deconsolidation of a subsidiary		-		1,008		-
	(Loss) gain on sale of real estate		-5,019		-3,391		460
	Impairment charges		-22,962		-11,838		-14,241
	Loss from discontinued operations	$	-27,576	$	-14,924	$	-10,230

Segment_Reporting_Tables

Segment Reporting (Tables)	12 Months Ended
	Dec. 31, 2012
Segment Reporting	'
Reconciliation of Operating Profit (Loss) from Segments to Consolidated	'
			Years Ended December 31,
			2012			2011			2010
	Real Estate Ownership	(a)
	Revenues		$	145,685		$	81,475		$	65,289
	Operating expenses	(b)		-102,321			-39,264			-30,593
	Interest expense			-50,290			-21,675			-15,539
	Other, net	(c)		83,436			82,911			30,131
	Provision for income taxes			-4,012			-2,243			-2,192
	Income from continuing operations attributable to W. P. Carey		$	72,498		$	101,204		$	47,096
	Investment Management
	Revenues	(d)	$	223,180		$	242,647		$	191,890
	Operating expenses	(d)		-207,050			-157,572			-133,683
	Other, net	(e)		3,878			2,695			2,559
	Provision for income taxes			-2,771			-34,971			-23,660
	Income from continuing operations attributable to W. P. Carey		$	17,237		$	52,799		$	37,106
	Total Company
	Revenues	(d)	$	368,865		$	324,122		$	257,179
	Operating expenses	(d)		-309,371			-196,836			-164,276
	Interest expense			-50,290			-21,675			-15,539
	Other, net	(c) (e)		87,314			85,606			32,690
	Provision for income taxes			-6,783			-37,214			-25,852
	Income from continuing operations attributable to W. P. Carey		$	89,735		$	154,003		$	84,202
Reconciliation Of Assets From Segment To Consolidated	'
		Total Long-Lived Assets at					(f)		Total Assets at
		December 31, 2012			31-Dec-11				December 31, 2012		31-Dec-11
	Real Estate Ownership	$	4,236,993		$	1,273,521			$	4,484,821	$	1,334,066
	Investment Management		69,258			70,369				124,221		128,557
	Total Company	$	4,306,251		$	1,343,890			$	4,609,042	$	1,462,623
Schedule Of International Investment By Segment	'
	Year Ended December 31, 2012				Domestic			Foreign		(a)	Total
	Revenues				$	115,572		$	30,113		$	145,685
	Operating expenses					-99,801			-2,520			-102,321
	Interest expense					-38,759			-11,531			-50,290
	Other, net		(b) (c)			76,830			6,606			83,436
	Provision for income taxes					-2,697			-1,315			-4,012
		Income from continuing operations attributable to W. P. Carey			$	51,145		$	21,353		$	72,498
	Total assets				$	3,527,918		$	956,903		$	4,484,821
	Total long-lived assets		(d)		$	3,361,197		$	875,796		$	4,236,993
	Year Ended December 31, 2011				Domestic			Foreign		(a)	Total
	Revenues				$	71,746		$	9,729		$	81,475
	Operating expenses					-34,405			-4,859			-39,264
	Interest expense					-19,980			-1,695			-21,675
	Other, net		(c)			76,735			6,176			82,911
	Provision for income taxes					-2,135			-108			-2,243
		Income from continuing operations attributable to W. P. Carey			$	91,961		$	9,243		$	101,204
	Total assets				$	1,258,544		$	75,522		$	1,334,066
	Total long-lived assets		(d)		$	1,203,474		$	70,047		$	1,273,521
	Year Ended December 31, 2010				Domestic			Foreign		(a)	Total
	Revenues				$	57,583		$	7,706		$	65,289
	Operating expenses					-26,851			-3,742			-30,593
	Interest expense					-13,797			-1,742			-15,539
	Other, net		(c)			26,188			3,943			30,131
	Provision for income taxes					-2,162			-30			-2,192
		Income from continuing operations attributable to W. P. Carey			$	40,961		$	6,135		$	47,096
	Total assets				$	965,418		$	82,987		$	1,048,405
	Total long-lived assets		(d)		$	961,298		$	73,447		$	1,034,745

Selected_Quarterly_Financial_D1

Selected Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2012
Quarterly Disclosures	'
Schedule Of Quarterly Financial Information	'
					Three Months Ended
					31-Mar-12		30-Jun-12		30-Sep-12		31-Dec-12
	Revenues			(a) (b)	$	67,548	$	66,113	$	69,278	$	165,926
	Expenses			(a)		55,452		57,794		84,451		111,674
	Net income					11,669		31,230		2,226		17,654
		Add: Net loss (income) attributable to noncontrolling interests				578		480		325		-1,990
		Add: Net loss (income) attributable to redeemable
			noncontrolling interests			43		67		37		-187
	Net income attributable to W. P. Carey					12,290		31,777		2,588		15,477
	Earnings per share attributable to W. P. Carey:
		Basic				0.3		0.78		0.06		0.22
		Diluted				0.3		0.77		0.06		0.22
	Distributions declared per share					0.565		0.567		0.65		0.66
					Three Months Ended
					31-Mar-11		30-Jun-11		30-Sep-11		31-Dec-11
	Revenues			(a) (c)	$	74,522	$	114,674	$	74,900	$	60,026
	Expenses			(a)		47,059		50,550		50,208		49,019
	Net income					23,616		81,060		25,258		9,204
		Add: Net loss attributable to noncontrolling interests				330		384		581		569
		Add: Net income attributable to redeemable
			noncontrolling interests			-603		-1		-637		-682
	Net income attributable to W. P. Carey					23,343		81,443		25,202		9,091
	Earnings per share attributable to W. P. Carey:
		Basic				0.58		2.02		0.62		0.22
		Diluted				0.58		1.99		0.62		0.22
	Distributions declared per share					0.512		0.55		0.56		0.563

Schedule_III_Tables

Schedule III (Tables)	12 Months Ended
	Dec. 31, 2012
Schedule III - Real Estate and Accumualated Depreciation	'
Real Estate And Accumulated Depreciation By Property	'
	Description			Encumbrances			Initial Cost to Company - Land			Initial Cost to Company - Buildings		Costs Capitalized Subsequent to Acquisition (a)		Increase (Decrease) in Net Investments (b)		Gross Amount at which Carried at Close of Period (c) - Land			Gross Amount at which Carried at Close of Period (c) - Buildings		Gross Amount at which Carried at Close of Period (c) - Total		Accumulated Depreciation (c)	Date Acquired	Life on which Depreciation in Latest Statement of Income is Computed
	Real Estate Under Operating Leases:
	Office facilities in Broomfield, CO		$	-		$	248		$	2,538	$	4,844	$	-2,069	$	2,643		$	2,918	$	5,561	$	1,217	Jan. 1998	40 yrs.
	Distribution facilities and warehouses in Erlanger, KY			12,000			1,526			21,427		2,966		141		1,526			24,534		26,060		9,431	Jan. 1998	40 yrs.
	Retail store in Montgomery, AL			-			855			6,762		277		-6,978		142			774		916		417	Jan. 1998	40 yrs.
	Warehouse/distribution facilities in Anchorage, AK and Commerce, CA			-			4,905			11,898		-		12		4,905			11,910		16,815		1,636	Jan. 1998	40 yrs.
	Office facility in Toledo, OH			-			224			2,408		-		-		224			2,408		2,632		1,003	Jan. 1998	40 yrs.
	Industrial facility in Goshen, IN			-			239			940		-		-		239			940		1,179		133	Jan. 1998	40 yrs.
	Office facility in Raleigh, NC			-			1,638			2,844		157		-2,554		828			1,257		2,085		454	Jan. 1998	20 yrs.
	Office facility in King of Prussia, PA			-			1,219			6,283		1,295		-		1,219			7,578		8,797		2,658	Jan. 1998	40 yrs.
	Warehouse/distribution facility in Fort Lauderdale, FL			-			1,893			11,077		703		-8,449		1,173			4,051		5,224		1,429	Jan. 1998	40 yrs.
	Industrial facilities in Pinconning, MS			-			32			1,692		-		-		32			1,692		1,724		634	Jan. 1998	40 yrs.
	Industrial facilities in San Fernando, CA			6,991			2,052			5,322		-		152		2,052			5,474		7,526		2,043	Jan. 1998	40 yrs.
	Land leased in several cities in the following states: Alabama, Florida, Georgia, Illinois, Louisiana, Missouri, New Mexico, North Carolina, South Carolina, and Texas			139			9,382			-		-		-172		9,210			-		9,210		-	Jan. 1998	N/A
	Industrial facility in Milton, VT			-			220			1,579		-		-		220			1,579		1,799		592	Jan. 1998	40 yrs.
	Land in Glendora, CA			-			1,135			-		-		17		1,152			-		1,152		-	Jan. 1998	N/A
	Industrial facility in Doraville, GA			4,842			3,288			9,864		1,546		274		3,288			11,684		14,972		3,887	Jan. 1998	40 yrs.
	Office facilities in Collierville, TN and warehouse/distribution facilities in Corpus Christi and College Station, TX			51,871			3,490			72,497		-		-15,008		334			60,645		60,979		4,003	Jan. 1998	40 yrs.
	Land in Irving and Houston, TX			8,313			9,795			-		-		-		9,795			-		9,795		-	Jan. 1998	N/A
	Industrial facility in Chandler, AZ			12,066			5,035			18,957		7,435		541		5,035			26,933		31,968		8,959	Jan. 1998	40 yrs.
	Warehouse/distribution facilities in Houston, TX			-			167			885		73		-		167			958		1,125		345	Jan. 1998	40 yrs.
	Office facilities in Bridgeton, MO			-			842			4,762		1,627		71		842			6,460		7,302		1,552	Jan. 1998	40 yrs.
	Industrial facility in Industry, CA			-			3,789			13,164		1,872		318		3,789			15,354		19,143		4,608	Jan. 1998	40 yrs.
	Retail stores in Drayton Plains, MI and Citrus Heights, CA			-			1,039			4,788		165		193		1,039			5,146		6,185		1,049	Jan. 1998	35 yrs.
	Warehouse/distribution facility in Memphis, TN			-			1,882			3,973		-		-3,893		328			1,634		1,962		538	Jan. 1998	15 yrs.
	Retail store in Bellevue, WA			8,269			4,125			11,812		393		-123		4,371			11,836		16,207		4,352	Apr. 1998	40 yrs.
	Office facility in Houston, TX			-			3,260			22,574		1,628		-23,311		211			3,940		4,151		2,944	Jun. 1998	40 yrs.
	Office facility in Rio Rancho, NM			8,162			1,190			9,353		1,504		-		1,467			10,580		12,047		3,598	Jul. 1998	40 yrs.
	Vacant office facility in Moorestown, NJ			-			351			5,981		943		43		351			6,967		7,318		2,890	Feb. 1999	40 yrs.
	Office facility in Norcross, GA			28,347			5,200			25,585		11,822		-		5,200			37,407		42,607		12,327	Jun. 1999	40 yrs.
	Office facility in Tours, France			4,991			1,034			9,737		342		4,169		1,451			13,831		15,282		4,154	Sep. 2000	40 yrs.
	Office facility in Illkirch, France			13,171			-			18,520		-		9,116		-			27,636		27,636		8,826	Dec. 2001	40 yrs.
	Industrial and warehouse/distribution facilities in Lenexa, KS; Winston-Salem, NC; and Dallas, TX			-			1,860			12,539		-		5		1,860			12,544		14,404		3,310	Sep. 2002	40 yrs.
	Office facilities in Playa Vista and Venice, CA			50,306			2,032			10,152		52,816		1		5,889			59,112		65,001		2,853	Sep. 2004; Sep. 2012	40 yrs.
	Warehouse/distribution facility in Greenfield, IN			-			2,807			10,335		223		-8,383		967			4,015		4,982		853	Sep. 2004	40 yrs.
	Warehouse/distribution facilities in Birmingham, AL			4,425			1,256			7,704		-		-		1,256			7,704		8,960		1,597	Sep. 2004	40 yrs.
	Industrial facility in Scottsdale, AZ			1,229			586			46		-		-		586			46		632		10	Sep. 2004	40 yrs.
	Retail store in Hot Springs, AR			-			850			2,939		2		-2,614		-			1,177		1,177		245	Sep. 2004	40 yrs.
	Industrial facilities in Apopka, FL			-			362			10,855		569		-155		337			11,294		11,631		2,287	Sep. 2004	40 yrs.
	Land in San Leandro, CA			-			1,532			-		-		-		1,532			-		1,532		-1	Dec. 2006	N/A
	Industrial facility in Sunnyvale, CA			-			1,663			3,571		-		-		1,663			3,571		5,234		803	Dec. 2006	27 yrs.
	Fitness and recreational sports center in Austin, TX			3,165			1,725			5,168		-		-		1,725			5,168		6,893		1,103	Dec. 2006	28.5 yrs.
	Retail store in Wroclaw, Poland			8,309			3,600			10,306		-		-1,958		3,305			8,643		11,948		1,093	Dec. 2007	40 yrs.
	Office facility in Fort Worth, TX			33,631			4,600			37,580		-		-		4,600			37,580		42,180		2,740	Feb. 2010	40 yrs.
	Warehouse/distribution facility in Mallorca, Spain			-			11,109			12,636		-		2,212		12,161			13,796		25,957		891	Jun. 2010	40 yrs.
	Industrial and office facilities in San Diego, CA			33,527			7,247			29,098		967		-5,514		4,762			27,036		31,798		1,982	May. 2011	40 yrs.
	Retail stores in Florence, AL; Snellville, GA; Concord, NC; Rockport, TX; and Virginia Beach, VA			22,000			5,646			12,367		-		-		5,646			12,367		18,013		109	Sep. 2012	40 yrs.
	Hospitality facilities in Irvine, Sacramento, and San Diego, CA; Orlando, FL; Des Plaines, IL; Indianapolis, IN; Louisville, KY; Linthicum Heights, MD; Newark, NJ; Albuquerque, NM; and Spokane, WA			140,000			32,680			198,999		-		-		32,680			198,999		231,679		1,369	Sep. 2012	34 - 37 yrs.
	Industrial facilities in Bluffton, OH; Auburn, IN; and Milan, TN			-			2,564			6,998		-		-		2,564			6,998		9,562		58	Sep. 2012	30 yrs.
	Land in Irvine, CA			1,666			4,173			-		-		-		4,173			-		4,173		-	Sep. 2012	N/A
	Office facility in Alpharetta, GA			7,699			2,198			6,349		-		-		2,198			6,349		8,547		53	Sep. 2012	30 yrs.
	Office facility in Clinton, NJ			25,714			2,866			34,834		-		-		2,866			34,834		37,700		290	Sep. 2012	30 yrs.
	Office facilities in St. Petersburg, FL			18,481			3,280			24,627		-		-		3,280			24,627		27,907		205	Sep. 2012	30 yrs.
	Movie theatre in Baton Rouge, LA			10,025			4,168			5,724		-		-		4,168			5,724		9,892		48	Sep. 2012	30 yrs.
	Office facilities in San Diego, CA			17,470			7,804			16,729		-		-		7,804			16,729		24,533		139	Sep. 2012	30 yrs.
	Industrial facilities in Richmond, CA			-			895			1,953		-		-		895			1,953		2,848		16	Sep. 2012	30 yrs.
	Warehouse/distribution and industrial facilities in Kingman, AZ; Woodland, CA; Jonesboro, GA; Kansas City, MO; Springfield, OR; Fogelsville, PA; and Corsicana, TX			64,836			16,386			84,668		-		-		16,386			84,668		101,054		700	Sep. 2012	30 yrs.
	Warehouse/distribution facilities in Lens, Nimes, Colomiers, Thuit Hebert, Ploufragen, and Cholet, France			94,059			15,779			89,421		-		2,929		16,219			91,910		108,129		764	Sep. 2012	30 yrs.
	Warehouse/distribution facilities in Orlando, FL; Macon, GA; Rocky Mount, NC, and Lewisville, TX			14,645			2,163			17,715		-		-		2,163			17,715		19,878		148	Sep. 2012	30 yrs.
	Fitness and recreational sports center in Newton, MA			7,655			1,897			11,451		-		-		1,897			11,451		13,348		94	Sep. 2012	30 yrs.
	Industrial facilities in Chattanooga, TN			-			558			5,923		-		-		558			5,923		6,481		49	Sep. 2012	30 yrs.
	Industrial facilities in Mooresville, NC			6,512			756			9,775		-		-		756			9,775		10,531		80	Sep. 2012	30 yrs.
	Industrial facility in MaCalla, AL			6,307			960			14,472		-		-		960			14,472		15,432		115	Sep. 2012	31 yrs.
Office facility in Lower Makefield Township, PA			10,874			1,726			12,781		-		-		1,726			12,781		14,507		105	Sep. 2012	30 yrs.
Industrial facility in Fort Smith, AZ			-			1,063			6,159		-		-		1,063			6,159		7,222		50	Sep. 2012	30 yrs.
Retail facilities in Greenwood, IN and Buffalo, NY			8,893			-			19,990		-		-		-			19,990		19,990		161	Sep. 2012	30 - 31 yrs.
Industrial facilities in Bowling Green, KY and Jackson, TN			7,436			1,492			8,182		-		-		1,492			8,182		9,674		66	Sep. 2012	31 yrs.
Industrial facilities in Mattoon, IL; Holyoke, MA; and Morristown, TN and a warehouse/distribution facility in Westfield, MA			5,245			1,891			11,064		-		-		1,891			11,064		12,955		90	Sep. 2012	31 yrs.
Industrial facility in Rancho Cucamonga, CA and educational facilities in Glendale Heights, IL; Exton, PA; and Avondale, AZ			37,911			14,006			33,683		-		-		14,006			33,683		47,689		263	Sep. 2012	31 - 32 yrs.
Sports facilities in Rochester Hills and Canton, MI			22,160			5,447			9,988		-		-		5,447			9,988		15,435		81	Sep. 2012	31 yrs.
Industrial facilities in St. Petersburg, FL; Buffalo Grove, IL; West Lafayette, IN; Excelsior Springs, MO; and North Versailles, PA			12,860			6,559			19,078		-		-		6,559			19,078		25,637		153	Sep. 2012	31 yrs.
Industrial facilities in Tolleson, AZ; Alsip, IL; and Solvay, NY			15,164			6,080			23,424		-		-		6,080			23,424		29,504		187	Sep. 2012	31 yrs.
Land in Kahl, Germany			10,573			6,694			-		-		186		6,880			-		6,880		-	Sep. 2012	N/A
Land in Memphis, TN and sports facilities in Bedford, TX and Englewood, CO			8,050			4,877			4,258		-		-		4,877			4,258		9,135		34	Sep. 2012	31 yrs.
Office facilities in Brussels, Belgium			11,094			1,505			6,026		-		210		1,547			6,194		7,741		48	Sep. 2012	32 yrs.
Warehouse/distribution facilities in Oceanside, CA and Concordville, PA			4,506			3,333			8,270		-		-		3,333			8,270		11,603		66	Sep. 2012	31 yrs.
Office facility in Peachtree City, GA			3,962			1,205			5,907		-		-		1,205			5,907		7,112		47	Sep. 2012	31 yrs.
Self-storage and trucking facilities in numerous locations throughout the U.S.			154,658			74,551			319,186		-		-		74,551			319,186		393,737		2,527	Sep. 2012	31 yrs.
Warehouse/distribution facility in La Vista, NE			22,340			4,196			23,148		-		-		4,196			23,148		27,344		173	Sep. 2012	33 yrs.
Office facility in Pleasanton, CA			12,861			3,675			7,468		-		-		3,675			7,468		11,143		59	Sep. 2012	31 yrs.
Office facility in San Marcos, TX			-			440			688		-		-		440			688		1,128		5	Sep. 2012	31 yrs.
Office facilities in Espoo, Finland			58,910			40,555			15,662		-		1,565		41,684			16,098		57,782		127	Sep. 2012	31 yrs.
Office facility in Conflans, France			20,378			7,208			11,333		-		516		7,409			11,648		19,057		91	Sep. 2012	31 yrs.
Office facilities in Chicago, IL			15,499			2,169			19,010		-		-		2,169			19,010		21,179		149	Sep. 2012	31 yrs.
Industrial facility in Louisville, CO			10,417			5,342			8,786		-		-		5,342			8,786		14,128		69	Sep. 2012	31 yrs.
Industrial facilities in Hollywood and Orlando, FL			-			3,639			1,269		-		-		3,639			1,269		4,908		10	Sep. 2012	31 yrs.
Industrial facility in Golden, CO			-			808			4,304		-		-		808			4,304		5,112		36	Sep. 2012	30 yrs.
Industrial facilities in Texarkana, TX and Orem, UT			2,699			1,755			4,493		-		-		1,755			4,493		6,248		35	Sep. 2012	31 yrs.
Industrial facility in Eugene, OR			4,724			2,286			3,783		-		-		2,286			3,783		6,069		30	Sep. 2012	31 yrs.
Industrial facility in Neenah, WI			4,869			438			4,954		-		-		438			4,954		5,392		39	Sep. 2012	31 yrs.
Industrial facility in South Jordan, UT			13,075			2,183			11,340		-		-		2,183			11,340		13,523		89	Sep. 2012	31 yrs.
Warehouse/distribution facility in Ennis, TX			2,609			478			4,087		-		-		478			4,087		4,565		32	Sep. 2012	31 yrs.
Childcare facilities in Chandler and Tucson, AZ; Alhambra, Chino, Garden Grove, and Tustin, CA; Westland and Canton, MI; and Carrollton, Duncansville, and Lewisville, TX			-			6,343			379		-		-1,384		5,338			-		5,338		-	Sep. 2012	N/A
Retail facility in Oklahoma City, OK			5,759			1,246			4,771		-		-		1,246			4,771		6,017		37	Sep. 2012	32 yrs.
Land in Farmington, CT and Braintree, MA			490			2,409			-		-		-		2,409			-		2,409		-	Sep. 2012	N/A
Office facilities in Helsinki, Finland			58,917			26,560			20,735		-		1,316		27,299			21,312		48,611		165	Sep. 2012	32 yrs.
Office facility in Paris, France			73,391			23,387			43,450		-		1,860		24,038			44,659		68,697		341	Sep. 2012	32 yrs.
Retail facilities in Bydgoszcz, Czestochowa, Jablonna, Katowice, Kielce, Lodz, Lubin, Olsztyn, Opole, Plock, Walbrzych, Warsaw, and Warszawa, Poland			148,643			26,564			72,866		-		2,768		27,303			74,895		102,198		785	Sep. 2012	23 - 34 yrs.
Office facility in Laupheim, Germany			-			2,072			8,339		-		290		2,130			8,571		10,701		107	Sep. 2012	20 yrs.
Industrial facilities in Danbury, CT and Bedford, MA			12,973			3,519			16,329		-		-		3,519			16,329		19,848		136	Sep. 2012	29 yrs.
		$	1,512,763		$	513,758		$	1,777,346	$	94,169	$	-53,660	$	509,530		$	1,822,083	$	2,331,613	$	116,075
Description			Encumbrances			Initial Cost to Company - Land			Initial Cost to Company - Buildings		Costs Capitalized Subsequent to Acquisition (a)		Increase (Decrease) in Net Investment(b)		Gross Amount at which Carried at Close of Period Total	Date Acquired
Direct Financing Method:
Retail stores in several cities in the following states: Alabama, Florida, Georgia, Illinois, Louisiana, Missouri, New Mexico, North Carolina, South Carolina, and Texas		$	199		$	-		$	16,416	$	-	$	-384	$	16,032	Jan. 1998
Office and industrial facilities in Glendora, CA and Romulus, MI			-			454			13,251		9		-2,437		11,277	Jan. 1998
Industrial facilities in Thurmont, MD and Farmington, NY			-			729			6,093		-		-158		6,664	Jan. 1998
Industrial facilities in Irving and Houston, TX			20,118			-			27,599		-		-3,897		23,702	Jan. 1998
Retail facilities in Farmington, CT and Braintree, MA			3,010			-			8,761		-		-		8,761	Sep. 2012
Education facilities in Chandler and Tucson, AZ; Alhambra, Chino, Garden Grove, and Tustin, CA; Naperville, IL; Westland and Canton, MI; and Carrollton, Duncansville, and Lewisville, TX			-			-			7,840		-		-		7,840	Sep. 2012
Industrial facility in Owingsville, KY			113			309			5,741		-		-88		5,962	Sep. 2012
Retail facility in Freehold, NJ			6,515			-			17,067		-		-12		17,055	Sep. 2012
Office facilities in Corpus Christi, Odessa, San Marcos, and Waco, TX			5,313			2,089			14,211		-		-102		16,198	Sep. 2012
Retail facilities in Osnabruck, Borken, Bunde, Arnstadt, Dorsten, Duisburg, Freiberg, Leimbach-Kaiserro, Monheim, Oberhausen, Rodewisch, Sankt Augustin, Schmalkalden, Stendal, Wuppertal, and Monheim, Germany			87,982			28,734			145,854		-		4,837		179,425	Sep. 2012
Warehouse/distribution facility in Birmingham, United Kingdom			10,903			2,147			12,357		-		117		14,621	Sep. 2012
Warehouse/distribution facilities in Mesquite, TX			6,905			2,851			15,899		-		-38		18,712	Sep. 2012
Industrial facility in Rochester, MN			5,211			881			17,039		-		39		17,959	Sep. 2012
Office facility in Irvine, CA			6,792			-			17,027		-		-19		17,008	Sep. 2012
Sports facility in Memphis, TN			1,890			-			4,823		-		-33		4,790	Sep. 2012
Industrial facility in Brownwood, TX			-			722			6,268		-		-		6,990	Sep. 2012
Education facility in Glendale Heights, IL			-			-			3,009		-		-		3,009	Sep. 2012
		$	154,951		$	38,916		$	339,255	$	9	$	-2,175	$	376,005
Description			Encumbrances			Initial Cost to Company - Land			Initial Cost to Company - Buildings		Initial Cost to Company - Personal Property		Costs Capitalized Subsequent to Acquisition (a)		Increase (Decrease) in Net Investments (b)			Gross Amount at which Carried at Close of Period (c) - Land		Gross Amount at which Carried at Close of Period (c) - Buildings		Gross Amount at which Carried at Close of Period (c) - Personal Property			Gross Amount at which Carried at Close of Period (c) - Total		Accumulated Depreciation (c)	Date Acquired	Life on which Depreciation in Latest Statement of Income is computed
Operating Real Estate:
Hotel in Livonia, MI		$	-		$	2,765		$	11,087	$	3,816	$	18,733	$	-20,440		$	892	$	5,556	$	9,513		$	15,961	$	10,961	Jan. 1998	7-40 yrs.
Self-storage facilities in Taunton, North Andover, North Billerica, and Brockton, MA			9,532			4,300			12,274		-		254		-478			4,300		12,050		-			16,350		2,036	Dec. 2006	25-40 yrs.
Self-storage facility in Newington, CT			2,073			520			2,973		-		241		-121			520		3,093		-			3,613		468	Dec. 2006	40 yrs.
Self-storage facility in Killeen, TX			3,226			1,230			3,821		-		339		-179			1,230		3,981		-			5,211		648	Dec. 2006	30 yrs.
Self-storage facility in Rohnert Park, CA			3,108			1,761			4,989		-		40		-			1,761		5,029		-			6,790		748	Jan. 2007	40 yrs.
Self-storage facility in Fort Worth, TX			2,150			1,030			4,176		-		33		-			1,030		4,209		-			5,239		626	Jan. 2007	40 yrs.
Self-storage facility in Augusta, GA			1,876			970			2,442		-		48		-			970		2,490		-			3,460		367	Feb. 2007	39 yrs.
Self-storage facility in Garland, TX			1,435			880			3,104		-		57		-			880		3,161		-			4,041		461	Feb. 2007	40 yrs.
Self-storage facility in Lawrenceville, GA			2,314			1,410			4,477		-		82		-			1,411		4,558		-			5,969		717	Mar. 2007	37 yrs.
Self-storage facility in Fairfield, OH			1,824			540			2,640		-		19		-			540		2,659		-			3,199		508	Apr. 2007	30 yrs.
Self-storage facility in Tallahassee, FL			3,629			850			5,736		-		7		-			850		5,743		-			6,593		809	Apr. 2007	40 yrs.
Self-storage facility in Lincolnshire, IL			1,955			1,477			1,519		-		96		-			1,477		1,615		-			3,092		220	Jul. 2010	18 yrs.
Self-storage facility in Chicago, IL			1,683			823			912		-		627		-			823		1,539		-			2,362		278	Jul. 2010	15 yrs.
Self-storage facility in Chicago, IL			1,411			700			733		-		556		-			700		1,289		-			1,989		223	Jul. 2010	15 yrs.
Self-storage facility in Bedford Park, IL			1,713			809			1,312		-		200		-			809		1,512		-			2,321		196	Jul. 2010	20 yrs.
Self-storage facility in Bentonville, AR			2,024			1,050			1,323		-		22		-			1,050		1,345		-			2,395		131	Sep. 2010	24 yrs.
Self-storage facility in Tallahassee, FL			3,848			570			3,447		-		30		-			570		3,477		-			4,047		262	Sep. 2010	30 yrs.
Self-storage facility in Pensacola, FL			1,801			560			2,082		-		5		-			560		2,087		-			2,647		156	Sep. 2010	30 yrs.
Self-storage facility in Chicago, IL			2,081			1,785			2,616		-		23		-			1,785		2,639		-			4,424		178	Oct. 2010	32 yrs.
		$	47,683		$	24,030		$	71,663	$	3,816	$	21,412	$	-21,218		$	22,158	$	68,032	$	9,513		$	99,703	$	19,993
		Reconciliation of Real Estate Subject to
		Operating Leases
		Years Ended December 31,
		2012			2011			2010
Balance at beginning of year		$	646,482		$	560,592		$	525,607
Additions			1,777,443			107,484			67,787
Dispositions			-75,548			-22,106			-18,896
Foreign currency translation adjustment			13,263			-1,837			-2,142
Reclassification from (to) equity investment, direct financing lease,
	intangible assets or assets held for sale		-17,681			20,105			1,790
Deconsolidation of real estate asset			-			-5,938			-
Impairment charges			-12,346			-11,818			-13,554
Balance at end of year		$	2,331,613		$	646,482		$	560,592
		Reconciliation of Accumulated Depreciation for
		Real Estate Subject to Operating Leases
		Years Ended December 31,
		2012			2011			2010
Balance at beginning of year		$	118,054		$	108,032		$	100,247
Depreciation expense			24,302			15,179			13,437
Dispositions			-22,947			-5,785			-5,000
Foreign currency translation adjustment			358			-396			-839
Reclassification from (to) equity investment, direct financing lease,
	intangible assets or assets held for sale		-3,692			2,339			187
Deconsolidation of real estate asset			-			-1,315			-
Balance at end of year		$	116,075		$	118,054		$	108,032
	Reconciliation of Operating Real Estate
	Years Ended December 31,
	2012			2011			2010
Balance at beginning of year	$	109,875		$	109,851		$	85,927
Additions/capital expenditures		295			24			23,924
Impairment charges		-10,467			-			-
Balance at end of year	$	99,703		$	109,875		$	109,851
	Reconciliation of Accumulated Depreciation for
	Operating Real Estate
	Years Ended December 31,
	2012			2011			2010
Balance at beginning of year	$	17,121		$	14,280		$	12,039
Depreciation expense		2,872			2,841			2,241
Balance at end of year	$	19,993		$	17,121		$	14,280

Consolidated_Statements_of_Cas2

Consolidated Statements of Cash Flows (Supplementals) (Narratives) (Details) (USD $)

12 Months Ended

0 Months Ended

12 Months Ended

1 Months Ended

0 Months Ended

1 Months Ended

12 Months Ended

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

2-May-11

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

31-May-11

Sep. 28, 2012

2-May-11

31-May-11

Dec. 31, 2011

CPA 16 - Global

CPA 16 - Global

CPA 16 - Global

CPA 16 - Global

Federal Express And Amylin

CPA 15

CPA14/16 Merger

CPA14/16 Merger

CPA14/16 Merger

Supplemental noncash investing and financing activities

'

'

'

'

'

'

'

'

'

'

'

'

Redemption value adjustment

$85,000,000

'

'

'

'

'

'

'

'

'

'

'

Cash per share exchage rate

'

'

'

'

'

'

'

'

$1.25

'

'

$10.50

Share per share exchange rate

'

'

'

'

'

'

'

'

$0.23

'

'

$1.19

Distributions received from equity investment

-17,271,000

310,000

-4,920,000

28,300,000

39,700,000

18,600,000

4,100,000

'

'

'

'

'

Shares distributed in exchage

'

'

'

'

'

'

'

'

'

11,113,050

'

'

Shares received in exhange

'

'

'

'

'

'

'

'

'

13,260,091

'

'

Nonmonetary transaction gain (loss)

'

'

'

'

'

'

'

'

'

2,800,000

'

'

Gain on shares from termination revenue

'

'

'

1,000,000

'

'

'

'

'

'

'

'

Fair value of mortgage loans assumed

'

'

'

'

'

'

'

87,600,000

'

'

117,100,000

87,600,000

Gain on change in control of interests

$20,744,000

$27,859,000

$781,000

'

'

'

'

$27,900,000

'

'

$27,900,000

'

Consolidated_Statements_of_Cas3

Consolidated Statements of Cash Flows (Supplementals) (Details 1) (CPA 15, USD $)	Dec. 31, 2012	Sep. 30, 2012	Sep. 28, 2012
In Thousands, unless otherwise specified
CPA 15	'	'	'
Assets Acquired at fair value:	'	'	'
Investments in real estate	$1,762,872	$1,758,372	$1,762,872
Net investment in direct finanacing lease	315,789	315,789	315,789
Equity investments in real estate	166,247	164,886	166,247
Intangible assets	695,310	694,411	695,310
Other assets, net	81,750	83,838	81,750
Liabilities assumed at fair value:	'	'	'
Non recourse debt	'	'	-1,350,755
Accounts payable, accrued expenses and other liabilities	-186,795	-187,712	-186,795
Amount attributable to noncontrolling interest	-237,359	-238,038	-237,359
Net (liabilities assumed) assets acquired excluding cash	'	'	1,247,059
Fair value of common shares issued	-1,380,362	-1,380,362	-1,380,362
Cash consideration	-152,356	-152,356	-152,356
Fair value of W. P. Carey & Co. LLC equity interest in CPA:15 prior to the Merger	-107,147	-107,147	-107,147
Fair value of W. P. Carey & Co. LLC equity interest in jointly-owned investments with CPA:15 prior to the Merger	-54,822	-54,822	-54,822
Goodwill in connection with Merger	268,683	274,951	268,683
Cash acquired on acquisition of subsidiary, net	($178,945)	($178,945)	($178,945)

Consolidated_Statements_of_Cas4

Consolidated Statements of Cash Flows (Supplementals) (Details 2) (USD $)	Sep. 28, 2012
In Thousands, unless otherwise specified
Assets:	'
Net investments in properties	$5,340
Intangible assets and goodwill, net	-15
Total	5,325
Liabilities:	'
Non-recourse debt	-6,311
Accounts payable, accrued expenses and other liabilities	-22
Total	($6,333)

Consolidated_Statements_of_Cas5

Consolidated Statements of Cash Flows (Supplementals) (Details 3) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Supplemental Cash Flow Information	'	'	'
Interest paid	$38,092	$21,168	$15,351
Income taxes paid	$12,501	$33,641	$24,307

Business_Narratives_Details

Business (Narratives) (Details) (USD $)	Dec. 31, 2012	Sep. 13, 2012
	property
	sqft
	tenant
Business and Basis of Presentation	'	'
Number of tenants	124	'
Additional disclosures	'	'
Square footage of all real estate properties	38,500,000	'
Number of real estate properties	423	'
Common stock, per share value	'	$0.00
Shares outstanding	'	40,396,245
Self storage and Hotel	'	'
Additional disclosures	'	'
Square footage of all real estate properties	800,000	'
Hotel	'	'
Additional disclosures	'	'
Number of real estate properties	1	'
Self Storage	'	'
Additional disclosures	'	'
Number of real estate properties	21	'
Owned and Managed Reits	'	'
Additional disclosures	'	'
Number of real estate properties	1,007	'

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Narratives) (Details) (USD $)

12 Months Ended

1 Months Ended

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2011

Dec. 31, 2011

Dec. 31, 2011

Dec. 31, 2011

Dec. 31, 2011

Apr. 30, 2010

Aug. 31, 2012

Building and related improvements

Furniture, fixtures and equipment

Gain on sales of real estate

Net income

Net investments in direct financing lease

Operating real estate

Lease revenue

Impairment charges

Deprecation expense

Other real estate income

CWI

Hotel

Maximum

Maximum

Related Party Transaction [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Ownership Interest In Subsidiary

'

'

'

'

'

'

'

'

'

'

'

'

'

'

100.00%

Maximum Offering Amount

'

'

'

'

'

'

'

'

'

'

'

'

'

$1,000,000,000

'

Amount From Dividend Reinvestment Plan

'

'

'

'

'

'

'

'

'

'

'

'

'

237,500,000

'

Revenues

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Real estate taxes

18,700,000

6,400,000

7,700,000

'

'

'

'

'

'

'

'

'

'

'

'

Foreign currency gain loss

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Foreign curreny transaction gain, net of tax

-600,000

400,000

-100,000

'

'

'

'

'

'

'

'

'

'

'

'

Prior Period Adjustment

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Out-of-period adjustment, amount

'

$200,000

'

'

'

$2,000,000

$2,500,000

($17,600,000)

$17,900,000

$900,000

($1,600,000)

$2,200,000

$17,900,000

'

'

Property Plant And Equipment

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Fixed asset useful life

'

'

'

'40 years 0 months 0 days

'7 years 0 months 0 days

'

'

'

'

'

'

'

'

'

'

Accounting Changes

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Out-of-Period Adjustments

During 2012, we identified errors in the consolidated financial statements related to prior years. The errors were primarily attributable to the misapplication of guidance in accounting for and clerical errors related to the expropriation of land related to two investments and our reimbursement of certain affiliated costs. We concluded that these adjustments were not material, individually or in the aggregate, to our results for this or any of the prior periods, and as such, we recorded an out-of-period adjustment to increase our income from operations by $2.5 million within continuing operations primarily attributable to an increase in Gain on sale of real estate of $2.0 million in the consolidated statement of income.

In 2011, we identified an error in the consolidated financial statements related to prior years. The error relates to the misapplication of accounting guidance related to the modifications of certain leases. We concluded this adjustment, with a net impact of $0.2 million on our statement of operations for the fourth quarter of 2011, was not material to our results for the prior year periods or to the period of adjustment. Accordingly, this cumulative change was recorded in the consolidated financial statements in the fourth quarter of 2011 as an out-of-period adjustment as follows: a reduction to Net investment in direct financing leases of $17.6 million and an increase in net Operating real estate of $17.9 million on the consolidated balance sheet; and an increase in Lease revenues of $0.9 million, a reduction of Impairment charges of $1.6 million, and an increase in Depreciation expense of $2.2 million on the consolidated statement of operations.

Merger_with_CPA_15_Narratives_

Merger with CPA 15 (Narratives) (Details) (USD $)

3 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

Dec. 31, 2012

Sep. 30, 2012

Jun. 30, 2012

Mar. 31, 2012

Dec. 31, 2011

Sep. 30, 2011

Jun. 30, 2011

Mar. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Sep. 13, 2012

Dec. 31, 2012

Dec. 31, 2011

Sep. 28, 2012

Dec. 31, 2011

Dec. 31, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 28, 2012

Sep. 28, 2012

Dec. 31, 2012

Sep. 28, 2012

Sep. 28, 2012

Sep. 28, 2012

Sep. 28, 2012

tenant

tenant

Below-market rent

Below-market rent

CPA 15

CPA 15

CPA 15

CPA 15

Marcourt Investments Inc.

Marcourt Investments Inc.

WPC/CPA 15 Merger

WPC/CPA 15 Merger

WPC/CPA 15 Merger

WPC/CPA 15 Merger

WPC/CPA 15 Merger

WPC/CPA 15 Merger

property

property

sqft

quantity

Market Value Flucuation

Increase In Client Base

Fixed Rate

Variable Rate

sqft

sqft

property

quantity

quantity

tenant

Merger Disclosure

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Cash per share exchage rate

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$1.25

'

'

'

'

'

'

'

'

'

'

'

Share per share exchange rate

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$0.23

'

'

'

'

'

'

'

'

'

'

'

Total per share consideration

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$11.40

'

'

'

'

'

$12.65

'

'

'

'

'

Consideration, shares recieved

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

121,194,272

'

'

'

'

'

Per share closing price on merger date

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$49

'

'

'

'

'

Merger consideration

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$1,532,718,000

$1,532,718,000

'

'

$1,500,000,000

'

'

'

'

'

Cash consideration paid

'

'

'

'

'

'

'

'

'

'

'

'

'

'

152,356,000

'

152,356,000

152,356,000

'

'

152,400,000

'

'

'

'

'

Fair value of WP Carey common shares issued

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,380,362,000

'

1,380,362,000

1,380,362,000

'

'

'

'

'

'

'

'

Increase in term loan

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

175,000,000

'

'

'

'

'

Number of real estate properties

423

'

'

'

'

'

'

'

423

'

'

'

'

'

305

'

'

'

'

12

'

'

'

'

'

'

Number of tenants

124

'

'

'

'

'

'

'

124

'

'

'

'

'

76

'

'

'

'

'

'

'

'

'

'

'

Square footage of all real estate properties

38,500,000

'

'

'

'

'

'

'

38,500,000

'

'

'

'

'

27,000,000

'

'

'

'

'

'

'

'

'

'

'

Occupany rate

'

'

'

'

'

'

'

'

'

'

'

'

'

'

99.00%

'

'

'

'

'

'

'

'

'

'

'

Weighted Average Lease Term

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'9.7

'

'

'

'

'

'

'

'

'

'

'

Lease revenues

'

'

'

'

'

'

'

'

123,203,000

62,236,000

51,094,000

'

'

'

'

242,200,000

'

'

'

'

'

57,300,000

'

'

'

'

Number of loans acquired

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

58

9

Nonrecourse debt fair value

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,200,000,000

'

'

'

'

'

'

'

'

'

'

'

Weighted average interest rate

'

'

'

'

'

'

'

'

'

'

'

'

'

'

5.60%

'

'

'

'

'

'

'

'

'

'

'

Merger fees earned

'

'

'

'

'

'

'

'

'

'

'

'

'

'

19,000,000

'

'

'

'

'

'

'

'

'

'

'

Equity investment income

'

'

'

'

'

'

'

'

'

'

'

'

'

'

4,500,000

'

'

'

'

'

'

'

'

'

'

'

Acquisition cost expensed

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

31,700,000

'

'

'

'

Net income

15,477,000

2,588,000

31,777,000

12,290,000

9,091,000

25,202,000

81,443,000

23,343,000

62,132,000

139,079,000

73,972,000

'

'

'

'

'

'

'

'

'

'

9,500,000

'

'

'

'

Income loss attributable to non controlling interest

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,500,000

'

'

'

'

Equity method investment, ownership percentage

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

47.37%

52.63%

'

100.00%

'

'

'

'

'

Liabilities assumed

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,537,550,000

1,538,467,000

'

'

'

'

'

'

'

'

Common stock, per share value

'

'

'

'

'

'

'

'

'

'

'

$0.00

'

'

'

'

'

'

'

'

$45.07

'

'

'

'

'

Goodwill in connection with Merger

'

'

'

'

'

'

'

'

'

'

'

'

'

'

268,683,000

'

268,683,000

274,951,000

'

'

'

'

110,800,000

121,200,000

'

'

Common stock, market value

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$49

'

'

'

'

'

Increase in market value of stock

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$1.33

'

'

Gain on change in control of interests

'

'

'

'

'

'

'

'

20,744,000

27,859,000

781,000

'

'

'

'

'

'

'

'

'

14,700,000

'

'

'

'

'

Gain on conversion of shares

'

'

'

'

'

'

'

'

15,000

3,806,000

'

'

'

'

'

'

'

'

'

'

6,100,000

'

'

'

'

'

Carrying value of shares owned

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

48,700,000

'

'

'

'

'

Fair value of shares owned

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

54,800,000

'

'

'

'

'

Carrying value of equity investments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

92,400,000

'

'

'

'

'

Fair value of equity investments acquired

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

107,100,000

'

'

'

'

'

Per share premium

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$3.93

'

'

'

'

'

Net asset value, per share

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$10.40

'

'

'

'

'

Shares issued to stockholders of CPA:15 in connection with the Merger, shares

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

28,170,643

'

'

'

'

'

Shares issued to stockholders of CPA:15 in connection with the Merger, value

'

'

'

'

'

'

'

'

1,380,361,000

'

'

'

'

'

'

'

'

'

'

'

1,400,000,000

'

'

'

'

'

Amortizable and Unamortizable Intangible Liabilities, net

106,448,000

'

'

'

4,973,000

'

'

'

106,448,000

4,973,000

'

'

82,944,000

4,973,000

'

'

'

'

'

'

102,155,000

'

'

'

'

'

Provision for income taxes

'

'

'

'

'

'

'

'

$6,783,000

$37,214,000

$25,852,000

'

'

'

'

'

'

'

'

'

'

$9,600,000

'

'

'

'

valuation technique

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'•         Discount rates applied to the estimated net operating income of each property ranged from approximately 3.5% to 14.75%; •         Discount rates applied to the estimated residual value of each property ranged from approximately 5.75% to 12.5%; •         Residual capitalization rates applied to the properties ranged from approximately 7.0% to 11.5%. •         The fair market value of such property level debt was determined based upon available market data for comparable liabilities and by applying selected discount rates to the stream of future debt payments; and •         Discount rates applied to cash flows ranged from approximately 2.7% to 10%.

'

'

'

'

'

Number Of Shares Owned

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

10,389,079

'

'

'

'

'

Merger_with_CPA_15_Details_1

Merger with CPA 15 (Details 1) (CPA 15, USD $)	Dec. 31, 2012	Sep. 30, 2012	Sep. 28, 2012
In Thousands, unless otherwise specified
Total Consideration:	'	'	'
Fair value of WP Carey common shares issued	$1,380,362	$1,380,362	$1,380,362
Cash consideration paid	152,356	152,356	152,356
Merger Consideration	1,532,718	1,532,718	'
Fair value of W. P. Carey & Co. LLC equity interest in CPA:15 prior to the Merger	107,147	107,147	107,147
Fair value of W. P. Carey & Co. LLC equity interest in jointly-owned investments with CPA:15 prior to the Merger	54,822	54,822	54,822
Total consideration	1,694,687	1,694,687	'
Assets Acquired at fair value:	'	'	'
Net investment in properties	1,762,872	1,758,372	1,762,872
Net investment in direct finanacing lease	315,789	315,789	315,789
Equity investments in real estate	166,247	164,886	166,247
Intangible assets	695,310	694,411	695,310
Cash and cash equivalents	178,945	178,945	178,945
Other assets, net	81,750	83,838	81,750
Total assets acquired	3,200,913	3,196,241	'
Liabilities assumed at fair value:	'	'	'
Non-recourse and limited recourse debt	-1,350,755	-1,350,755	'
Accounts payable, accrued expenses and other liabilities	-186,795	-187,712	-186,795
Total liabilities assumed	-1,537,550	-1,538,467	'
Net identifiable assets acquired at fair value	1,663,363	1,657,774	'
Amount attributable to noncontrolling interest	-237,359	-238,038	-237,359
Goodwill	268,683	274,951	268,683
Measurement Period Adjustment	'	'	'
Assets Acquired at fair value:	'	'	'
Net investment in properties	4,500	'	'
Equity investments in real estate	1,361	'	'
Intangible assets	899	'	'
Other assets, net	-2,088	'	'
Total assets acquired	4,672	'	'
Liabilities assumed at fair value:	'	'	'
Accounts payable, accrued expenses and other liabilities	917	'	'
Total liabilities assumed	917	'	'
Net identifiable assets acquired at fair value	5,589	'	'
Amount attributable to noncontrolling interest	679	'	'
Goodwill	($6,268)	'	'

Merger_with_CPA_15_Details_2

Merger with CPA 15 (Details 2) (USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Pro forma results of operations	'	'
Pro forma total revenues	$529,331	$542,667
Pro forma income attributable to W. P. Carey stockholders	$140,284	$117,708
Pro forma earnings per share:	'	'
Basic	$2.03	$1.70
Diluted	$2.01	$1.70
Pro forma weighted average shares:	'	'
Basic	68,382,378	67,990,118
Diluted	69,071,391	68,268,738

Agreements_and_Transactions_of

Agreements and Transactions of Related Parties (Narratives) (Details) (USD $)

12 Months Ended

1 Months Ended

12 Months Ended

3 Months Ended

12 Months Ended

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

31-May-11

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2012

Sep. 30, 2011

Jun. 30, 2011

Dec. 31, 2012

Dec. 31, 2011

Options One

Options Two

Options Maximum

CPA14/16 Merger

CPA14/16 Merger

CPA14/16 Merger

Maximum

Minimum

CPA 15

CPA 16 - Global

CPA 16 - Global

CPA 17 - Global

CPA 17 - Global

CPA 17 - Global

CPA 17 - Global

CWI

CWI

CWI

CWI

Maximum

Minimum

Asset management fees

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Asset management revenue is calculated as a percent of total average invested assets

1.00%

'

'

'

'

'

'

'

'

'

'

'

0.50%

'

'

'

'

'

'

'

'

'

Performance revenue is calculated as a percent of total average invested assets

0.50%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Asset management revenue is calculated as a percent of average market value of real estate assets

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0.50%

'

'

'

'

'

'

'

Asset management revenue is calculated as a percent of average equity value of securities

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1.75%

'

'

'

'

'

'

'

Asset management revenue is calculated as a percent of average lodging-related assets

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0.50%

'

Other distributions of cash received

10.00%

'

'

'

'

'

'

'

10.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

Asset management revenue receivable in shares, percent

'

'

'

'

'

'

'

'

'

'

'

80.00%

50.00%

'

'

'

'

'

'

'

'

'

Asset management revenue receivable in cash, percent

'

'

'

'

'

'

'

'

'

'

'

20.00%

50.00%

'

'

'

'

'

'

'

'

'

Structuring revenue

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Acquisition revenue as a percent of total cost of all investments made by each CPA REIT

4.50%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Percent of structuring revenue paid on completion of transaction

2.50%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Percent of structuring revenue paid in annual installments

2.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Initial acquisition revenue percentage

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1.75%

0.00%

'

'

2.50%

'

Maximum percentage of revenue earned on initial acquisition

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

6.00%

'

Unpaid transaction fee interest rate

'

'

'

'

'

'

'

'

'

7.00%

5.00%

'

'

'

'

'

'

'

'

'

'

'

Loan Refinanced Fee Rate

1.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Termination revenue

'

$31,200,000

'

'

'

'

'

'

$31,200,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Subordinated disposition revenue, percentage

3.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Subordinated disposition revenue

'

21,300,000

'

'

'

'

'

'

21,300,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Subordinated incentive revenue, percentage

15.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Reimbursed costs from affiliates and wholesaling revenue

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Selling commission per share sold

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$0.65

'

'

'

'

'

$0.70

'

Dealer revenue per share sold

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$0.35

'

'

'

'

'

$0.30

'

Wholesaling revenue per share sold

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$0.15

'

'

'

'

'

'

'

Minimum Offering Amount

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

10,000,000

'

Maximum percent of offering proceeds

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2.00%

'

Organization and offering costs incurred

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

7,400,000

'

Offering Costs Obligation To Reimburse

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3,100,000

'

Offering Costs Reimbursed

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,700,000

'

Other transactions with affiliates

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Loan To Affiliates

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

90,000,000

'

'

2,000,000

4,000,000

'

'

Due from affiliates

36,002,000

38,369,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Interest rate on loan to affiliates

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'0.0115

'

'

'LIBOR plus0.9%

'LIBOR plus 2.5%

'

'

Joint venture ownership percentage

'

'

'

'

'

'

'

'

'

95.00%

3.00%

'

'

'

'

'

'

'

'

'

'

'

Interest income

'

200,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Proceeds from repayment of loans to related party

0

96,000,000

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,000,000

Proceeds from related party debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,000,000

Share Purchase Agreement

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

First sale option, value

25,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Second sale option, value

20,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Third sale option, value

40,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Common stock market value on excerise date

'

'

'

$44.53

$48.67

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Stock repurchased during period, shares

'

'

'

561,418

410,964

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Purchase of common stock

45,270,000

0

0

25,000,000

20,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Registration rights agreement

'

'

'

50,000,000

75,000,000

250,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Minimum lease payment receivable

430,514,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Percent Purchase Price

'

96.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

UPREIT Reorganization

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Payment for special member interest

'

0.3

'

'

'

'

'

'

300,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Equity method investments

565,626,000

538,749,000

'

'

'

'

'

'

'

'

'

'

'

28,300,000

'

'

'

'

'

'

'

'

Amortization of dererred revenue

-9,436,000

-6,291,000

0

'

'

'

'

'

'

'

'

'

8,500,000

5,700,000

'

'

'

'

'

'

'

'

Deferred revenue

'

6,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Capital Interest Of Managing Members

'

'

'

'

'

'

'

'

99.99%

'

'

'

'

'

'

'

'

'

'

'

'

'

Special Interest

'

'

'

'

'

'

'

'

0.02%

'

'

'

'

'

'

'

'

'

'

'

'

'

Former Subordinated Incentive And Termination Fee Percentage

'

'

'

'

'

'

'

'

15.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

Reduced Asset Management Fee Percentage

'

'

'

'

'

'

'

'

0.50%

'

'

'

'

'

'

'

'

'

'

'

'

'

Previous Asset Management Fee Percentage

'

'

'

'

'

'

'

'

1.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

Final Distribution Percentage

'

'

'

'

'

'

'

'

15.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

Return On Managing Members Invested Capital Base

'

'

'

'

'

'

'

'

100.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

Deferred Revenue Eliminated

'

'

'

'

'

'

'

'

6,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Ownership Interest In Another Reit

'

'

'

'

'

'

'

'

17.50%

'

'

'

'

'

'

'

'

'

'

'

'

'

Managing Members Priority Return

'

'

'

'

'

'

'

'

6.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

Contract Termination Fee

'

'

'

'

'

'

'

'

28,300,000

'

'

'

'

'

'

'

'

'

'

'

'

'

CPA 14/16 Merger

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

acquisition costs

'

'

'

'

'

'

'

'

31,800,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Fair value of mortgage loans assumed

'

'

'

'

'

'

117,100,000

'

87,600,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Termination revenue

'

31,200,000

'

'

'

'

'

'

31,200,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Terminition revenue received in share exchange

'

'

'

'

'

'

'

'

3,242,089

'

'

'

'

'

'

'

'

'

'

'

'

'

Shares received as terminaton revenue

'

'

'

'

'

'

'

'

2,717,138

'

'

'

'

'

'

'

'

'

'

'

'

'

Unamortized deferred revenue

'

'

'

'

'

'

'

12,600,000

22,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Proceeds from Unsecured Lines of Credit

300,000,000

251,410,000

83,250,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Amortization of differential basis

'

'

'

'

'

'

'

900,000

600,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Cash per share exchage rate

'

'

'

'

'

'

'

'

$10.50

'

'

'

'

'

'

'

'

'

'

'

'

'

Share per share exchange rate

'

'

'

'

'

'

'

'

$1.19

'

'

'

'

'

'

'

'

'

'

'

'

'

Net Asset Value

'

'

'

'

'

'

'

'

$11.50

'

'

'

'

'

'

'

'

'

'

'

'

'

Special Distributions Per Share

'

'

'

'

'

'

'

'

$1

'

'

'

'

'

'

'

'

'

'

'

'

'

Special Distributions Value

'

'

'

'

'

'

'

'

90,400,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Merger Consideration

'

'

'

'

'

'

'

'

954,500,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Cash consideration paid

'

'

'

'

'

'

'

'

444,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Consideration, shares recieved

'

'

'

'

'

'

'

'

57,365,145

'

'

'

'

'

'

'

'

'

'

'

'

'

Fair value of shares issued

'

'

'

'

'

'

'

'

510,500,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Additional Shares Purchased

'

'

'

'

'

'

'

'

13,750,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Value Of Additional Shares Purchased

'

'

'

'

'

'

'

'

121,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Affiliate Senior Credit Facility

'

'

'

'

'

'

'

'

320,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Line of Credit

'

'

'

'

'

'

'

'

$121,400,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Shares Received From Reit Arising From Merger

'

'

'

'

'

'

'

'

13,260,091

'

'

'

'

'

'

'

'

'

'

'

'

'

Shares Received In Exchange From Liquidating Shareholders

'

'

'

'

'

'

'

48,076,723

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Agreements_and_Transactions_of1

Agreements and Transactions of Related Parties (Details 1) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Asset management fees:	'	'	'
Asset management revenue from affiliates	$56,666	$66,808	$76,246
Structuring revenue from affiliates	48,355	46,831	44,525
Incentive termination and subordinated disposition revenue	0	52,515	0
Wholesaling revenue	19,914	11,664	11,096
Reimbursed costs from affiliates	98,245	64,829	60,023
Distributions of Available Cash	30,009	15,535	4,468
Deferred revenue earned	8,492	5,662	0
Revenue earned and cash received from REITs	$261,681	$263,844	$196,358

Agreements_and_Transactions_of2

Agreements and Transactions of Related Parties (Details 2) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Asset management fees	'	'	'
Investment Banking Advisory Brokerage And Underwriting Fees And Commissions	$261,681	$263,844	$196,358
CPA 14	'	'	'
Asset management fees	'	'	'
Investment Banking Advisory Brokerage And Underwriting Fees And Commissions	'	59,605	23,387
CPA 15	'	'	'
Asset management fees	'	'	'
Investment Banking Advisory Brokerage And Underwriting Fees And Commissions	21,563	31,489	31,172
CPA 16 - Global	'	'	'
Asset management fees	'	'	'
Investment Banking Advisory Brokerage And Underwriting Fees And Commissions	50,825	40,555	28,478
CPA 17 - Global	'	'	'
Asset management fees	'	'	'
Investment Banking Advisory Brokerage And Underwriting Fees And Commissions	173,262	124,465	112,386
CWI	'	'	'
Asset management fees	'	'	'
Investment Banking Advisory Brokerage And Underwriting Fees And Commissions	15,334	6,745	'
Other	'	'	'
Asset management fees	'	'	'
Investment Banking Advisory Brokerage And Underwriting Fees And Commissions	$697	$985	$935

Agreements_and_Transactions_of3

Agreements and Transactions of Related Parties (Details 3) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Structuring revenue	'	'	'
Unpaid deferred acquistion fees	$28,654	$29,410	'
Interest earned on unpaid deferred acquisition fees	$1,064	$1,332	$1,136

Agreements_and_Transactions_of4

Agreements and Transactions of Related Parties (Details 4) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012
Redeemable Noncontrolling Interests	'
Balance - beginning balance	$0
Reclassification from permanent equity to temporary equity	85,000
Redemption of securities	-45,000
Balance - end of period	$40,000

Net_Investments_in_Properties_1

Net Investments in Properties (Narratives) (Details) (USD $)	12 Months Ended					12 Months Ended	1 Months Ended	12 Months Ended	0 Months Ended		12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2011	Dec. 31, 2012	Dec. 31, 2012	31-May-11	Dec. 31, 2011	Sep. 28, 2012	Sep. 13, 2012	Dec. 31, 2012
	property			Operating real estate	Self Storage	Hotel	CPA14/16 Merger	CPA14/16 Merger	WPC/CPA 15 Merger	Walgreens Co.	Walgreens Co.
					property	property
Real Estate Investment Property At Cost	'	'	'	'	'	'	'	'	'	'	'
Foreign Currency Exchange Rate	$1.32	$1.29	'	'	'	'	'	'	'	'	'
Increase decrease in foreign currency exchange rate	2.10%	'	'	'	'	'	'	'	'	'	'
Foreign currency exchange rate impact	12,900,000	'	'	'	'	'	'	'	'	'	'
Real estate under construction	2,875,000	0	'	'	'	'	'	'	'	'	'
Investments in real estate	'	'	'	'	'	'	'	'	'	'	'
Investments in real estate	'	'	'	'	'	'	174,800,000	'	1,800,000,000	'	'
Number of real estate properties	423	'	'	'	21	1	'	'	'	'	'
Payments to acquire real estate	3,944,000	24,315,000	96,884,000	'	'	'	'	'	'	24,800,000	'
Capitalized acquistion cost	'	'	'	'	'	'	'	'	'	200,000	'
Measurement period adjustment	'	'	'	'	'	'	'	'	'	'	5,300,000
Net lease intangibles recorded	'	'	'	'	'	'	'	'	'	6,600,000	'
Impairment of real estate	0	-1,365,000	1,140,000	'	'	-10,500,000	'	'	'	'	'
Fair value of mortgage loans assumed	'	'	'	'	'	'	117,100,000	87,600,000	'	'	'
Gain on change in control of interests	20,744,000	27,859,000	781,000	'	'	'	27,900,000	'	14,700,000	'	'
Increase in real estate due to acquisition	'	'	'	'	'	'	90,200,000	'	'	'	'
Increase (decrease) in lease intangibles due to acquisition	'	'	'	'	'	'	40,800,000	'	'	'	'
Prior Period Adjustment	'	'	'	'	'	'	'	'	'	'	'
Quantifying Misstatement in Current Year Financial Statements, Amount	'	$200,000	'	$17,900,000	'	'	'	'	'	'	'

Net_Investments_in_Properties_2

Net Investments in Properties (Details 1) (USD $)	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Real Estate Investment Property At Cost	'	'
Accumulated depreciation (inclusive of amounts attributable to consolidated VIEs of $16,110 and $22,350, respectively)	($136,068)	($135,175)
Net investments in properties	2,295,248	621,182
Real Estate	'	'
Real Estate Investment Property At Cost	'	'
Land	509,530	111,483
Buildings	1,822,083	534,999
Accumulated depreciation (inclusive of amounts attributable to consolidated VIEs of $16,110 and $22,350, respectively)	-116,075	-118,054
Net investments in properties	2,215,538	528,428
Operating real estate	'	'
Real Estate Investment Property At Cost	'	'
Land	22,158	24,031
Buildings	77,545	85,844
Accumulated depreciation (inclusive of amounts attributable to consolidated VIEs of $16,110 and $22,350, respectively)	-19,993	-17,121
Net investments in properties	$79,710	$92,754

Net_Investments_in_Properties_3

Net Investments in Properties (Details 2) (USD $)	Dec. 31, 2012
In Thousands, unless otherwise specified
Schedule of Minimum Lease Rents Receivable	'
2013	$272,559
2014	270,952
2015	249,266
2016	227,445
2017	213,292
Thereafter	1,078,071
Total	$2,311,585

Finance_Receivables_Narratives

Finance Receivables (Narratives) (Details) (USD $)	12 Months Ended						12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2011	Dec. 31, 2011	Sep. 28, 2012	Dec. 31, 2010
				Net investments in direct financing lease	Impairment charges	WPC/CPA 15 Merger	Net investments in direct financing lease
						property
Finance Receivables	'	'	'	'	'	'	'
Proceeds from sales of DFL	$2,000,000	'	'	'	'	'	'
Gain (loss) on sales of DFL	-200,000	'	'	'	'	'	'
Number of DFL acquired from Merger	'	'	'	'	'	15	'
Net investment in direct finanacing lease	'	'	'	'	'	-315,800,000	'
Impairment charges	22,962,000	10,473,000	15,381,000	'	'	'	1,100,000
AR billed under DFL	200,000	100,000	'	'	'	'	'
Financing receivable credit quality additional information	'We generally seek investments in facilities that we believe are critical to a tenant’s business and that we believe have a low risk of tenant defaults. At both ##D##D and ##D, none of our finance receivables were past due and we had not established any allowances for credit losses.	'	'	'	'	'	'
Financing receivable credit quality range of dates ratings updated	'fourth quarter of 2012	'	'	'	'	'	'
Prior Period Adjustment	'	'	'	'	'	'	'
Quantifying Misstatement in Current Year Financial Statements, Amount	'	$200,000	'	($17,600,000)	($1,600,000)	'	'

Finance_Receivables_Details_1

Finance Receivables (Details 1) (USD $)	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Net Investments In Direct Financing Lease	'	'
Minimum lease payments receivable	$430,514	$29,986
Unguaranteed residual value	375,706	57,218
Gross minimum lease payments receivable	806,220	87,204
Less: unearned income	-430,215	-29,204
Net investments in direct financing lease	$376,005	$58,000

Finance_Receivables_Details_2

Finance Receivables (Details 2) (USD $)	Dec. 31, 2012
In Thousands, unless otherwise specified
Schedule of Capital Lease Future Minimum Lease Payments	'
2013	$34,573
2014	32,277
2015	31,968
2016	30,150
2017	29,707
Thereafter	271,839
Total	$430,514

Finance_Receivables_Details_3

Finance Receivables (Details 3) (USD $)	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified	tenant
Credit Quality Of Finanace Receivables	'	'
Number of tenants	124	'
Net investments in direct financing leases (inclusive of amounts attributable to consolidated VIEs of $23,921 and $0, respectively)	$376,005	$58,000
Internally Assigned Grade1	'	'
Credit Quality Of Finanace Receivables	'	'
Number of tenants	3	8
Net investments in direct financing leases (inclusive of amounts attributable to consolidated VIEs of $23,921 and $0, respectively)	46,398	46,694
Internally Assigned Grade2	'	'
Credit Quality Of Finanace Receivables	'	'
Number of tenants	4	2
Net investments in direct financing leases (inclusive of amounts attributable to consolidated VIEs of $23,921 and $0, respectively)	49,764	11,306
Internally Assigned Grade3	'	'
Credit Quality Of Finanace Receivables	'	'
Number of tenants	8	'
Net investments in direct financing leases (inclusive of amounts attributable to consolidated VIEs of $23,921 and $0, respectively)	257,281	'
Internally Assigned Grade4	'	'
Credit Quality Of Finanace Receivables	'	'
Number of tenants	4	'
Net investments in direct financing leases (inclusive of amounts attributable to consolidated VIEs of $23,921 and $0, respectively)	22,562	'
Internally Assigned Grade5	'	'
Credit Quality Of Finanace Receivables	'	'
Number of tenants	'	'
Net investments in direct financing leases (inclusive of amounts attributable to consolidated VIEs of $23,921 and $0, respectively)	$0	'

Equity_Investment_in_Real_Esta2

Equity Investment in Real Estate and the Managed REITs (Narratives) (Details) (USD $)

12 Months Ended

3 Months Ended

12 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

12 Months Ended

12 Months Ended

12 Months Ended

1 Months Ended

12 Months Ended

1 Months Ended

3 Months Ended

12 Months Ended

1 Months Ended

12 Months Ended

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

2-May-11

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2011

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Jun. 30, 2012

Dec. 31, 2012

Dec. 31, 2011

Apr. 30, 2012

Mar. 31, 2011

Dec. 31, 2011

Apr. 30, 2012

Dec. 31, 2012

Dec. 31, 2012

Symphony IRI Group, Inc.

Medica France, S.A.

SchulerA.G.

SchulerA.G.

SchulerA.G.

Wanbishi Archives Co. Ltd.

Wanbishi Archives Co. Ltd.

The New York Times Company

The New York Times Company

U.S. Airways Group, Inc.

U.S. Airways Group, Inc.

U.S. Airways Group, Inc.

CPA 14

CPA 15

CPA 15

CPA 15

CPA 16 - Global

CPA 16 - Global

CPA 16 - Global

CPA 16 - Global

CPA 17 - Global

CPA 17 - Global

CPA 17 - Global

CPA 17 - Global

CWI

Managed REITs

Managed REITs

Managed REITs

Managed REITs

Managed REITs

Managed REITs

Managed REITs

Managed REITs

Managed REITs

Managed REITs

Managed REITs

Managed REITs

Managed REITs

Managed REITs

Managed REITs

Managed REITs

Managed REITs

Managed REITs

Real Estate

Real Estate

Real Estate

Real Estate Investments

Real Estate Investments

Real Estate Investments

Real Estate Investments

Real Estate Investments

Real Estate Investments

Wanbishi Archives Co. Ltd.

Discontinued Operations

Discontinued Operations

Discontinued Operations

CPA14/16 Merger

CPA 14

CPA 15

CPA 15

CPA 16 - Global

CPA 16 - Global

CPA 16 - Global

CPA 17 - Global

CPA 17 - Global

CPA 17 - Global

CWI

CWI

Symphony IRI Group, Inc.

Symphony IRI Group, Inc.

Symphony IRI Group, Inc.

Medica France, S.A.

Medica France, S.A.

Wanbishi Archives Co. Ltd.

CPA14/16 Merger

CPA14/16 Merger

CPA14/16 Merger

Investments in REITs

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Asset management fees receivable, shares

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

84,595

'

'

128,992

'

'

'

9,842

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Distributions received from equity investment

($17,271,000)

$310,000

($4,920,000)

$2,600,000

'

$8,200,000

$2,400,000

$2,300,000

'

'

$3,200,000

$4,400,000

$2,400,000

$2,200,000

$2,500,000

'

$5,600,000

$6,900,000

$6,200,000

$28,300,000

$39,700,000

$18,600,000

$4,100,000

$16,200,000

$10,000,000

$4,700,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total Asset Percentage

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

20.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Merger expenses

31,700,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,400,000

'

3,100,000

'

'

'

13,600,000

'

'

'

'

'

'

200,000

'

'

'

'

'

'

'

Gain on sale of investment properties

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

35,400,000

45,400,000

30,500,000

29,600,000

16,700,000

14,600,000

'

78,800,000

'

'

'

'

'

'

'

7,400,000

'

'

'

'

'

-15,100,000

'

1,400,000

-34,000,000

'

'

Other-than-temporary impairment charges

9,910,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

9,900,000

'

'

'

'

'

'

'

25,000,000

57,700,000

51,400,000

6,900,000

45,100,000

17,400,000

'

'

'

'

'

'

'

'

'

'

'

'

400,000

'

8,600,000

'

200,000

'

'

'

'

Reduction in equity investments earnings

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

4,200,000

7,800,000

3,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain from market value over consideration

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

5,000,000

'

'

'

'

'

28,700,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Loss related to the early payment of non recourse loan

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,800,000

500,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Income from equity method investments

62,392,000

51,228,000

30,992,000

'

15,100,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

34,000,000

'

Equity method investments

565,626,000

538,749,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

28,300,000

'

'

'

'

'

'

353,145,000

454,012,000

'

'

'

'

'

'

0

93,650,000

313,441,000

338,964,000

'

38,977,000

21,277,000

'

727,000

121,000

'

'

'

'

'

'

-76,500,000

'

'

Payments to acquire equity method investments

726,000

2,297,000

0

'

'

'

'

'

1,500,000

52,100,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,500,000

Mortgage financing cost

'

'

'

'

'

'

'

'

$900,000

$31,600,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$900,000

Interest rate on debt

'

'

'

'

'

'

'

'

2.00%

2.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Mortgage Loan Term

'11.5

'10.4

'10

'

'

'

'

'

'5

'5

'

'

'

'

'

'8.3

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Ownership Interest In Subsidiary

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

97.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Equity_Investment_in_Real_Esta3

Equity Investment in Real Estate and the Managed REITs (Details 1) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Investments in REITs	'	'	'
Equity earnings from equity investments in the Managed REITs	$5,509	$16,928	$10,480
Other-than-temporary impairment charges on CPA:16-Global operating partnership	-9,910	'	'
Distributions of Available Cash	30,009	15,535	4,468
Deferred revenue earned	8,492	5,662	0
Equity income from the Managed REITs	34,100	38,125	14,948
Equity from other equity investments	28,292	13,103	16,044
Total income from equity investments in real estate and the Managed REITs	$62,392	$51,228	$30,992

Equity_Investment_in_Real_Esta4

Equity Investment in Real Estate and the Managed REITs (Details 2) (USD $)	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Investments in REITs	'	'
Equity method investments	$565,626	$538,749
CPA 16 - Global	'	'
Investments in REITs	'	'
Equity method investments	'	28,300
Managed REITs	'	'
Investments in REITs	'	'
Equity method investments	353,145	454,012
Managed REITs | CPA 15	'	'
Investments in REITs	'	'
Equity method investment, ownership percentage	'	7.70%
Equity method investments	0	93,650
Managed REITs | CPA 16 - Global	'	'
Investments in REITs	'	'
Equity method investment, ownership percentage	18.30%	17.90%
Equity method investments	313,441	338,964
Managed REITs | CPA 17 - Global	'	'
Investments in REITs	'	'
Equity method investment, ownership percentage	1.30%	0.90%
Equity method investments	38,977	21,277
Managed REITs | CWI	'	'
Investments in REITs	'	'
Equity method investment, ownership percentage	0.40%	0.50%
Equity method investments	$727	$121

Equity_Investment_in_Real_Esta5

Equity Investment in Real Estate and the Managed REITs (Details 3) (USD $)	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Managed REITs	'	'
Equity Method Investment Summarized Financial Information	'	'
Assets	$8,052,546	$9,184,111
Liabilities	-3,959,756	-4,896,116
Reedemable noncontrolling interest	-21,747	-21,306
Noncontrolling interests	-170,140	-330,873
Partners'/stockholders' equity	3,900,903	3,935,816
Combined Equity Investments	'	'
Equity Method Investment Summarized Financial Information	'	'
Assets	1,286,294	1,026,124
Liabilities	-799,422	-706,244
Reedemable noncontrolling interest	-21,747	-21,306
Partners'/stockholders' equity	$465,125	$298,574

Equity_Investment_in_Real_Esta6

Equity Investment in Real Estate and the Managed REITs (Details 4) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Equity Method Investment Summarized Financial Information Income Statement	'	'	'
Impairment charges	($22,962)	($10,473)	($15,381)
Managed REITs	'	'	'
Equity Method Investment Summarized Financial Information Income Statement	'	'	'
Revenues	809,364	789,933	737,369
Expenses	-626,422	-599,822	-501,216
Net Income from continuing operations	182,942	190,111	236,153
Net income (loss) attributable to the equity investments in real estate and REITs	123,815	123,479	189,155
Combined Equity Investments	'	'	'
Equity Method Investment Summarized Financial Information Income Statement	'	'	'
Revenues	108,242	118,819	146,214
Expenses	-64,453	-75,992	-79,665
Impairment charges	0	-8,602	0
Net Income from continuing operations	43,789	34,225	66,549
Net income (loss) attributable to the equity investments in real estate and REITs	$79,591	$34,225	$66,549

Equity_Investment_in_Real_Esta7

Equity Investment in Real Estate and the Managed REITs (Details 5) (USD $)	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Investments in REITs	'	'
Equity method investments	$565,626	$538,749
Real Estate Investments	'	'
Investments in REITs	'	'
Equity method investments	212,481	84,737
Carrefour France SAS | Real Estate Investments	'	'
Investments in REITs	'	'
Equity method investments	'	20,014
Advanced Micro Devices | Real Estate Investments	'	'
Investments in REITs	'	'
Equity method investment, ownership percentage	33.00%	'
Equity method investments	23,667	'
Builders FirstSource, Inc. | Real Estate Investments	'	'
Investments in REITs	'	'
Equity method investment, ownership percentage	40.00%	'
Equity method investments	5,138	'
C1000 Logestiek Vastgoed B.V. | Real Estate Investments	'	'
Investments in REITs	'	'
Equity method investment, ownership percentage	15.00%	'
Equity method investments	14,929	'
Del Monte Corporation | Real Estate Investments	'	'
Investments in REITs	'	'
Equity method investment, ownership percentage	50.00%	'
Equity method investments	8,318	'
The Upper Deck Company | Real Estate Investments	'	'
Investments in REITs	'	'
Equity method investment, ownership percentage	50.00%	'
Equity method investments	7,198	'
Waldaschaff Automotive GmbH and Wagon Automotive Nagold GmbH | Real Estate Investments	'	'
Investments in REITs	'	'
Equity method investment, ownership percentage	33.00%	'
Equity method investments	6,323	'
The Talaria Company (Hinckley) | Real Estate Investments	'	'
Investments in REITs	'	'
Equity method investment, ownership percentage	30.00%	'
Equity method investments	7,702	'
PETsMart, Inc. | Real Estate Investments	'	'
Investments in REITs	'	'
Equity method investment, ownership percentage	30.00%	'
Equity method investments	3,808	'
SaarOTEC | Real Estate Investments	'	'
Investments in REITs	'	'
Equity method investment, ownership percentage	50.00%	'
Equity method investments	-116	'
SchulerA.G. | Real Estate Investments	'	'
Investments in REITs	'	'
Equity method investment, ownership percentage	67.00%	'
Equity method investments	62,006	19,958
The New York Times Company | Real Estate Investments	'	'
Investments in REITs	'	'
Equity method investment, ownership percentage	18.00%	'
Equity method investments	20,584	19,647
Medica France, S.A. | Real Estate Investments	'	'
Investments in REITs	'	'
Equity method investments	'	4,430
U.S. Airways Group, Inc. | Real Estate Investments	'	'
Investments in REITs	'	'
Equity method investment, ownership percentage	75.00%	'
Equity method investments	7,995	7,415
Hologic, Inc. | Real Estate Investments	'	'
Investments in REITs	'	'
Equity method investments	'	4,429
Childtime Childcare, Inc. | Real Estate Investments	'	'
Investments in REITs	'	'
Equity method investments	'	4,419
Consolidated Systems, Inc. | Real Estate Investments	'	'
Investments in REITs	'	'
Equity method investment, ownership percentage	60.00%	'
Equity method investments	3,278	3,387
Hellweg Die Profi-Baumarkte GmbH & Co. K.G | Real Estate Investments	'	'
Investments in REITs	'	'
Equity method investment, ownership percentage	45.00%	'
Equity method investments	42,387	1,062
Symphony IRI Group, Inc. | Real Estate Investments	'	'
Investments in REITs	'	'
Equity method investments	'	-24
Wanbishi Archives Co. Ltd. | Real Estate Investments	'	'
Investments in REITs	'	'
Equity method investment, ownership percentage	3.00%	'
Equity method investments	($736)	'

Intangible_assets_and_Goodwill1

Intangible assets and Goodwill (Narratives) (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Amortizable Intangible Assets	'	'	'
Amortization of intangible assets	$24.70	$4	$1.30
Maximum	'	'	'
Amortizable Intangible Assets	'	'	'
Finite lived intangible assets useful life	'40 years 0 months 0 days	'	'
Minimum	'	'	'
Amortizable Intangible Assets	'	'	'
Finite lived intangible assets useful life	'1 year 0 months 0 days	'	'

Intangible_assets_and_Goodwill2

Intangible assets and Goodwill (Details 1) (USD $)	9 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2012	Dec. 31, 2012
Lease Intangibles:	'	'
Finite-lived intangible assets acquired	$697,372	$703,484
Amortizable and Unmortizable Intangible Liabilities Acquired	'	'
Amortizable and unmortizable intangible liabilities acquired	-102,919	-103,716
Measurement Period Adjustment	'	'
Lease Intangibles:	'	'
Finite-lived intangible assets acquired	'	6,112
Amortizable and Unmortizable Intangible Liabilities Acquired	'	'
Amortizable and unmortizable intangible liabilities acquired	'	-797
Below-market rent	'	'
Lease Intangibles:	'	'
Acquired intangible assets/liability weighted-average life	'	'29 years 10 months 24 days
Amortizable and Unmortizable Intangible Liabilities Acquired	'	'
Amortizable and unmortizable intangible liabilities acquired	-79,312	-80,423
Acquired intangible assets/liability weighted-average life	'	'29 years 10 months 24 days
Below-market rent | Measurement Period Adjustment	'	'
Amortizable and Unmortizable Intangible Liabilities Acquired	'	'
Amortizable and unmortizable intangible liabilities acquired	'	-1,111
Below-market purchase option	'	'
Amortizable and Unmortizable Intangible Liabilities Acquired	'	'
Amortizable and unmortizable intangible liabilities acquired	-16,711	-16,397
Below-market purchase option | Measurement Period Adjustment	'	'
Amortizable and Unmortizable Intangible Liabilities Acquired	'	'
Amortizable and unmortizable intangible liabilities acquired	'	314
Above-market ground lease	'	'
Lease Intangibles:	'	'
Acquired intangible assets/liability weighted-average life	'	'11 years 9 months 18 days
Amortizable and Unmortizable Intangible Liabilities Acquired	'	'
Amortizable and unmortizable intangible liabilities acquired	-6,896	-6,896
Acquired intangible assets/liability weighted-average life	'	'11 years 9 months 18 days
In-place lease	'	'
Lease Intangibles:	'	'
Finite-lived intangible assets acquired	413,198	418,520
Acquired intangible assets/liability weighted-average life	'	'12 years 10 months 24 days
Amortizable and Unmortizable Intangible Liabilities Acquired	'	'
Acquired intangible assets/liability weighted-average life	'	'12 years 10 months 24 days
In-place lease | Measurement Period Adjustment	'	'
Lease Intangibles:	'	'
Finite-lived intangible assets acquired	'	5,322
Above-market rent	'	'
Lease Intangibles:	'	'
Finite-lived intangible assets acquired	284,174	284,964
Acquired intangible assets/liability weighted-average life	'	'11 years 8 months 12 days
Amortizable and Unmortizable Intangible Liabilities Acquired	'	'
Acquired intangible assets/liability weighted-average life	'	'11 years 8 months 12 days
Above-market rent | Measurement Period Adjustment	'	'
Lease Intangibles:	'	'
Finite-lived intangible assets acquired	'	$790

Intangible_assets_and_Goodwill3

Intangible assets and Goodwill (Details 2) (USD $)	12 Months Ended							12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2010	Dec. 31, 2009	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009	Dec. 31, 2012	Dec. 31, 2010	Dec. 31, 2009
				Investment Management	Investment Management	Investment Management	Investment Management	Real Estate Ownership	Real Estate Ownership	Real Estate Ownership
Goodwill Rollforward	'	'	'	'	'	'	'	'	'	'
Balance - beginning of period	$63,607	$63,607	$63,607	$63,607	$63,607	$63,607	$63,607	$0	$0	$0
Acquisition of CPA 15	268,683	'	'	'	'	'	'	268,683	'	'
Allocation of goodwill to dispositions of properties within the reporting unit	-3,158	'	'	'	'	'	'	-3,158	'	'
Balance - end of period	$329,132	$63,607	$63,607	$63,607	$63,607	$63,607	$63,607	$265,525	$0	$0

Intangible_assets_and_Goodwill4

Intangible assets and Goodwill (Details 3) (USD $)	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
In Thousands, unless otherwise specified
Amortizable Intangible Assets	'	'	'	'
Less: accumulated amortization	($75,782)	($57,425)	'	'
Net amortizable intangible assets	643,651	'	'	'
Unamortizable Goodwill and Indefinite-Lived Intangible Assets	'	'	'	'
Goodwill	329,132	63,607	63,607	63,607
Trade name	3,975	3,975	'	'
Indefinite lived intangible assets net, including goodwill	1,066,495	125,957	'	'
Intangible Liabilities Net	'	'	'	'
Amortized and unamortizable intangible liabilities gross	-109,778	-6,455	'	'
Less: accumulated depreciation	3,330	1,482	'	'
Net intangible liabilities	-106,448	-4,973	'	'
Below-market rent	'	'	'	'
Intangible Liabilities Net	'	'	'	'
Amortized and unamortizable intangible liabilities gross	-86,171	-6,455	'	'
Less: accumulated depreciation	3,227	1,482	'	'
Net intangible liabilities	-82,944	-4,973	'	'
Below-market purchase option	'	'	'	'
Intangible Liabilities Net	'	'	'	'
Amortized and unamortizable intangible liabilities gross	-16,711	'	'	'
Net intangible liabilities	-16,711	'	'	'
Above-market ground lease	'	'	'	'
Intangible Liabilities Net	'	'	'	'
Amortized and unamortizable intangible liabilities gross	-6,896	'	'	'
Less: accumulated depreciation	103	'	'	'
Net intangible liabilities	-6,793	'	'	'
Tenant Lease	'	'	'	'
Amortizable Intangible Assets	'	'	'	'
Finite lived intangible assets gross	776,405	83,035	'	'
Less: accumulated amortization	-44,499	-27,253	'	'
Net amortizable intangible assets	731,906	55,782	'	'
Management contracts	'	'	'	'
Amortizable Intangible Assets	'	'	'	'
Finite lived intangible assets gross	32,765	32,765	'	'
Less: accumulated amortization	-31,283	-30,172	'	'
Net amortizable intangible assets	1,482	2,593	'	'
In-place lease | Tenant Lease	'	'	'	'
Amortizable Intangible Assets	'	'	'	'
Finite lived intangible assets gross	474,629	62,162	'	'
Less: accumulated amortization	-27,351	-17,585	'	'
Net amortizable intangible assets	447,278	44,577	'	'
Above-market rent | Tenant Lease	'	'	'	'
Amortizable Intangible Assets	'	'	'	'
Finite lived intangible assets gross	293,627	9,905	'	'
Less: accumulated amortization	-13,742	-5,082	'	'
Net amortizable intangible assets	279,885	4,823	'	'
Tenant relationship | Tenant Lease	'	'	'	'
Amortizable Intangible Assets	'	'	'	'
Finite lived intangible assets gross	8,149	10,968	'	'
Less: accumulated amortization	-3,406	-4,586	'	'
Net amortizable intangible assets	$4,743	$6,382	'	'

Intangible_assets_and_Goodwill5

Intangible assets and Goodwill (Details 4) (USD $)	Dec. 31, 2012
In Thousands, unless otherwise specified
Finite Lived Intangible Assets Future Amortization Expense	'
2013	$84,274
2014	79,533
2015	72,016
2016	70,050
2017	66,667
Thereafter	271,111
Amortizable intangible assets	$643,651

Fair_Value_Measurements_Narrat

Fair Value Measurements (Narratives) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012
Fair Value Disclosures	'
Other-than-temporary impairment charges	$9,910
Redeemable noncontrolling interest | Maximum	'
Fair value inputs	'
Discount rate	26.00%
Lack of Marketability	30.00%
EBITDA Multiple	5
Redeemable noncontrolling interest | Minimum	'
Fair value inputs	'
Discount rate	22.00%
Lack of Marketability	20.00%
EBITDA Multiple	3
Deferred acquistion receivable | Maximum	'
Fair value inputs	'
Leverage adjusted unsecured spread	3.25%
Illiquidity Adjustment	1.00%
Deferred acquistion receivable | Minimum	'
Fair value inputs	'
Leverage adjusted unsecured spread	2.75%
Illiquidity Adjustment	0.50%
Hotel	'
Fair value inputs	'
Discount rate	10.00%
Lack of Marketability	7.50%
Capitalization rate	9.50%
CPA 16 - Global | Maximum	'
Fair value inputs	'
Discount rate	15.75%
Gen and admin to assets ratio	0.45%
CPA 16 - Global | Minimum	'
Fair value inputs	'
Discount rate	12.75%
Gen and admin to assets ratio	0.35%

Fair_Value_Measurements_Detail

Fair Value Measurements (Details 1) (Fair Value Recurring, USD $)	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Assets:	'	'
Other securities	'	$233
Money market funds	231	35
Derivative assets	1,745	0
Total	1,976	268
Liabilities:	'	'
Reedemable noncontrolling interest	7,531	7,700
Derivative liabilities	24,578	4,175
Total	32,109	11,875
Level 1	'	'
Assets:	'	'
Other securities	'	0
Money market funds	231	35
Derivative assets	0	'
Total	231	35
Liabilities:	'	'
Reedemable noncontrolling interest	0	0
Derivative liabilities	0	0
Total	0	0
Level 2	'	'
Assets:	'	'
Other securities	'	0
Money market funds	0	0
Derivative assets	25	'
Total	25	0
Liabilities:	'	'
Reedemable noncontrolling interest	0	0
Derivative liabilities	24,578	4,175
Total	24,578	4,175
Level 3	'	'
Assets:	'	'
Other securities	'	233
Money market funds	0	0
Derivative assets	1,720	'
Total	1,720	233
Liabilities:	'	'
Reedemable noncontrolling interest	7,531	7,700
Derivative liabilities	0	0
Total	$7,531	$7,700

Fair_Value_Measurements_Detail1

Fair Value Measurements (Details 2) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Fair Value Measurment Using Significant Unobservable Inputs, Assets (Level 3 Only)	'	'
Beginning balance	$233	$263
Total gains or losses (realized and unrealized):	'	'
Included in earnings	90	-20
Included in other comprehensive income (loss)	-7	-10
Purchases	0	0
Settlements	-236	0
Transfer in due to Merger	1,640	'
Ending balance	1,720	233
The amount of total gains or losses for the period included in earnings (or changes in net assets) attributable to the change in unrealized gains or losses relating to assets still held at the reporting date	80	-20
Gains or losses (realized and unrealized):	'	'
Redemption value adjustment	85,000	'
Other Securities	'	'
Fair Value Measurment Using Significant Unobservable Inputs, Assets (Level 3 Only)	'	'
Beginning balance	233	263
Total gains or losses (realized and unrealized):	'	'
Included in earnings	10	-20
Included in other comprehensive income (loss)	-7	-10
Purchases	0	0
Settlements	-236	0
Ending balance	0	233
The amount of total gains or losses for the period included in earnings (or changes in net assets) attributable to the change in unrealized gains or losses relating to assets still held at the reporting date	0	-20
Derivative Assets	'	'
Fair Value Measurment Using Significant Unobservable Inputs, Assets (Level 3 Only)	'	'
Beginning balance	0	0
Total gains or losses (realized and unrealized):	'	'
Included in earnings	80	0
Included in other comprehensive income (loss)	0	0
Purchases	0	0
Settlements	0	0
Transfer in due to Merger	1,640	'
Ending balance	1,720	0
The amount of total gains or losses for the period included in earnings (or changes in net assets) attributable to the change in unrealized gains or losses relating to assets still held at the reporting date	80	0
Redeemable noncontrolling interest	'	'
Fair Value Measurment Using Significant Unobservable Inputs, Liabilities (Level 3 Only)	'	'
Beginning balance	7,700	7,546
Gains or losses (realized and unrealized):	'	'
Included in earnings	40	1,923
Included in other comprehensive income (loss)	6	-5
Purchases	'	0
Settlements	'	0
Distributions paid	-1,055	-1,309
Redemption value adjustment	840	-455
Ending balance	7,531	7,700
The amount of total gains or losses for the period included in earnings (or changes in net assets) attributable to the change in unrealized gains or losses relating to assets still held at the reporting date	$0	$0

Fair_Value_Measurements_Detail2

Fair Value Measurements (Details 3) (USD $)	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Level 2	'	'
Liabilities:	'	'
Senior credit facility	$253,000	$233,160
Level 3	'	'
Liabilities:	'	'
Non-recourse debt	1,727,985	361,948
Assets:	'	'
Deferred acquisiton fees receivable	33,632	31,638
Carrying Value | Level 2	'	'
Liabilities:	'	'
Senior credit facility	253,000	233,160
Carrying Value | Level 3	'	'
Liabilities:	'	'
Non-recourse debt	1,715,397	356,209
Assets:	'	'
Deferred acquisiton fees receivable	$28,654	$29,410

Fair_Value_Measurements_Detail3

Fair Value Measurements (Details 4) (Nonrecurring, Level 3, USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Impairment Disclosure	'	'	'
Total fair value measurements	$61,784	$44,141	$38,056
Impairment charges on properties	32,872	10,679	16,775
Continuing Operations:	'	'	'
Impairment Disclosure	'	'	'
Total fair value measurements	17,140	1,934	26,394
Impairment charges on properties	9,910	-1,159	2,534
Real Estate | Continuing Operations:	'	'	'
Impairment Disclosure	'	'	'
Total fair value measurements	'	380	'
Impairment charges on properties	'	243	'
Real Estate | Discontinued Operations:	'	'	'
Impairment Disclosure	'	'	'
Total fair value measurements	39,642	42,207	11,662
Impairment charges on properties	12,495	11,838	14,241
Operating real estate | Continuing Operations:	'	'	'
Impairment Disclosure	'	'	'
Total fair value measurements	0	'	'
Impairment charges on properties	0	'	'
Operating real estate | Discontinued Operations:	'	'	'
Impairment Disclosure	'	'	'
Total fair value measurements	5,002	'	'
Impairment charges on properties	10,467	'	'
Net Investments In Direct Financing Lease | Continuing Operations:	'	'	'
Impairment Disclosure	'	'	'
Total fair value measurements	'	'	3,548
Impairment charges on properties	'	-1,608	1,140
Equity Investments In Real Estate | Continuing Operations:	'	'	'
Impairment Disclosure	'	'	'
Total fair value measurements	17,140	1,554	22,846
Impairment charges on properties	$9,910	$206	$1,394

Risk_Management_and_Use_of_Der2

Risk Management and Use of Derivative Financial Instruments (Narratives) (Details)

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Sep. 28, 2012

USD ($)

USD ($)

Interest Expense

Cash Flow Hedging

Stock warrants

Interest rate cap

Interest rate cap

Interest rate cap

Forward contracts

Forward contracts

Forward contracts

CPA 16 - Global

CPA 15

property

USD ($)

USD ($)

USD ($)

USD ($)

1-Month LIBOR

3-Month LIBOR

USD ($)

EUR (€)

Derivatives Not in Cash Flow Hedging Relationships

USD ($)

USD ($)

tenant

Cash Flow Hedging

Cash Flow Hedging

Noncontrolling Interest

quantity

USD ($)

Summary of Derivative Instruments

'

'

'

'

'

'

'

'

'

'

'

'

'

Notional Amount

'

'

'

'

'

'

'

'

'

€ 50,648,000

$33,700,000

'

'

Fair Value

-2,067,000

'

'

-5,800,000

1,700,000

1,000

'

'

-2,051,000

'

-4,200,000

'

'

Debt instrument interest rate at end of period

'

'

'

'

'

'

4.20%

2.90%

'

'

'

'

'

Stock warrants

'

'

'

'

'

'

'

'

'

'

'

'

1,600,000

Derivative instruments gain loss reclassification from OCI to income, to be transferred

'

'

1,900,000

'

'

'

'

'

'

'

'

'

'

Maximum credit exposure

100,000

'

'

'

'

'

'

'

'

'

'

'

'

Derivative Fair Value, Gross Liability

25,700,000

'

'

'

'

'

'

'

'

'

'

'

'

Aggregate termination value of derivatives in liability position

27,300,000

'

'

'

'

'

'

'

'

'

'

'

'

Percentage geography

'

'

'

'

'

'

'

'

'

'

'

18.30%

'

Assets

$4,609,042,000

$1,462,623,000

'

'

'

'

'

'

'

'

'

$3,400,000,000

'

Number of real estate properties

423

'

'

'

'

'

'

'

'

'

'

498

'

Number of tenants

124

'

'

'

'

'

'

'

'

'

'

144

'

Risk_Management_and_Use_of_Der3

Risk Management and Use of Derivative Financial Instruments (Details 1) (USD $)	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Derivatives Not Designated as Hedging Instruments	'	'
Stock warrants	$1,720	$0
Interest rate swap	'	0
Total derivatives, assets	1,745	0
Total derivatives, liabilities	-24,578	-4,175
Foreign currency contracts	'	'
Derivatives Designated as Hedging Instruments	'	'
Derivative Instruments in Hedges, Liabilities, at Fair Value	-2,067	0
Interest rate swap	'	'
Derivatives Designated as Hedging Instruments	'	'
Derivative Instruments in Hedges, Liabilities, at Fair Value	-5,825	-4,175
Derivatives Not Designated as Hedging Instruments	'	'
Interest rate swap	-16,686	'
Interest rate cap	'	'
Derivatives Designated as Hedging Instruments	'	'
Derivative Instruments in Hedges, Assets, at Fair Value	$25	$0

Risk_Management_and_Use_of_Der4

Risk Management and Use of Derivative Financial Instruments (Details 2) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss) Activity	'	'	'
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	($2,262)	($3,564)	($45)
Interest rate swap	'	'	'
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss) Activity	'	'	'
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	-1,059	-3,564	-45
Interest rate cap	'	'	'
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss) Activity	'	'	'
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	277	'	'
Foreign currency contracts	'	'	'
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss) Activity	'	'	'
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	($1,480)	'	'

Risk_Management_and_Use_of_Der5

Risk Management and Use of Derivative Financial Instruments (Details 3) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Amount of Gain (Loss) Reclassified from Other Comprehensive Income into Income (Effective Portion)	'	'	'
Amount of Gain (Loss) Reclassified from Other Comprehensive Income into Income (Effective Portion)	($1,628)	$0	$0
Interest rate swap	'	'	'
Amount of Gain (Loss) Reclassified from Other Comprehensive Income into Income (Effective Portion)	'	'	'
Amount of Gain (Loss) Reclassified from Other Comprehensive Income into Income (Effective Portion)	-1,442	0	0
Foreign currency contracts	'	'	'
Amount of Gain (Loss) Reclassified from Other Comprehensive Income into Income (Effective Portion)	'	'	'
Amount of Gain (Loss) Reclassified from Other Comprehensive Income into Income (Effective Portion)	($186)	'	'

Risk_Management_and_Use_of_Der6

Risk Management and Use of Derivative Financial Instruments (Details 4) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Amount of Gain (Loss) Recognized in Income on Derivatives	'	'	'
Derivative Instruments, Gain (Loss) Recognized in Income, Net	$537	$0	$0
Interest rate swap	'	'	'
Amount of Gain (Loss) Recognized in Income on Derivatives	'	'	'
Derivative Instruments, Gain (Loss) Recognized in Income, Net	429	0	0
Stock warrants	'	'	'
Amount of Gain (Loss) Recognized in Income on Derivatives	'	'	'
Derivative Instruments, Gain (Loss) Recognized in Income, Net	$108	$0	$0

Risk_Management_and_Use_of_Der7

Risk Management and Use of Derivative Financial Instruments (Details 5)

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

In Thousands, unless otherwise specified

USD ($)

Cash Flow Hedging

Interest rate cap

3-Month Euro Interbank Offering Rate

3-Month Euro Interbank Offering Rate

3-Month Euribor March

3-Month Euribor March

1-Month LIBOR July

1-Month LIBOR August

1-Month LIBOR June

1-Month LIBOR April

1-Month LIBOR December

USD ($)

USD ($)

Interest rate cap

Interest rate cap

Interest rate swap

Interest rate swap

Interest rate swap

Interest rate swap

Interest rate swap

Interest rate swap

Interest rate swap

Cash Flow Hedging

Cash Flow Hedging

Cash Flow Hedging

Cash Flow Hedging

Cash Flow Hedging

Cash Flow Hedging

Cash Flow Hedging

Cash Flow Hedging

Cash Flow Hedging

USD ($)

EUR (€)

USD ($)

EUR (€)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

Derivative Disclosure

'

'

'

'

'

'

'

'

'

'

'

'

Notional Amount

'

'

'

'

€ 69,457

'

€ 6,286

$33,631

$25,714

$6,905

$4,414

$3,500

Effective Interest Rate

'

'

'

2.00%

2.00%

4.20%

4.20%

3.00%

3.90%

4.40%

3.00%

3.70%

Effective Date

'

'

'

1-Dec-12

1-Dec-12

1-Mar-08

1-Mar-08

1-Jul-10

1-Aug-12

1-Jun-12

1-Apr-10

1-Dec-12

Expiration Date

'

'

'

1-Dec-14

1-Dec-14

1-Mar-18

1-Mar-18

1-Jul-20

1-Aug-22

1-Mar-22

1-Apr-15

1-Feb-19

Fair Value

($2,067)

($5,800)

$1

$25

'

($1,392)

'

($3,624)

($403)

($122)

($247)

($37)

Risk_Management_and_Use_of_Der8

Risk Management and Use of Derivative Financial Instruments (Details 6) (Interest rate swap, Derivatives Not in Cash Flow Hedging Relationships)	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2012
In Thousands, unless otherwise specified	USD ($)	3-Month Euribor	3-Month Euribor	3-Month Euribor April 1	3-Month Euribor April 1	3-Month Euribor April 2	3-Month Euribor April 2	3-Montth Euribor April 3	3-Montth Euribor April 3
		USD ($)	EUR (€)	USD ($)	EUR (€)	USD ($)	EUR (€)	USD ($)	EUR (€)
Derivative Disclosure	'	'	'	'	'	'	'	'	'
Notional Amount	'	'	€ 100,000	'	€ 15,970	'	€ 6,975	'	€ 5,479
Effective Interest Rate	'	3.70%	3.70%	0.90%	0.90%	4.40%	4.40%	4.30%	4.30%
Effective Date	'	31-Jul-06	31-Jul-06	30-Apr-12	30-Apr-12	30-Apr-08	30-Apr-08	30-Apr-07	30-Apr-07
Expiration Date	'	31-Jul-16	31-Jul-16	31-Jul-13	31-Jul-13	31-Oct-15	31-Oct-15	31-Jul-16	31-Jul-16
Fair Value	($16,686)	($15,462)	'	($86)	'	($523)	'	($615)	'

Risk_Management_and_Use_of_Der9

Risk Management and Use of Derivative Financial Instruments (Details 7) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012
Derivative Disclosure	'
Fair Value	($2,067)
Interest rate cap	'
Derivative Disclosure	'
Fair Value	1
3-Month Libor August | Interest rate cap	'
Derivative Disclosure	'
Equity method investment, ownership percentage	17.80%
Notional Amount	119,185
Cap Rate	4.00%
Spread	4.80%
Effective Date	31-Aug-09
Expiration Date	31-Aug-14
Fair Value	1
1-Month Libor September | Interest rate cap	'
Derivative Disclosure	'
Equity method investment, ownership percentage	79.00%
Notional Amount	17,275
Cap Rate	3.00%
Spread	4.00%
Effective Date	30-Sep-09
Expiration Date	30-Apr-14
Fair Value	$0

Recovered_Sheet2

Risk Management and Use of Derivative Financial Instruments (Details 8)	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2012
In Thousands, unless otherwise specified	USD ($)	Forward contracts	Forward contracts	Forward contracts	Forward contracts	Forward Contract Two	Forward Contract Two	Forward Contract Two	Forward Contract Two
		USD ($)	EUR (€)	Minimum	Maximum	USD ($)	EUR (€)	Minimum	Maximum
Derivative Disclosure	'	'	'	'	'	'	'	'	'
Notional Amount	'	'	€ 50,648	'	'	'	€ 8,700	'	'
Floor price	'	1.27	1.27	'	'	1.34	1.34	'	'
Cap price	'	1.3	1.3	'	'	1.35	1.35	'	'
Effective Date	'	1-May-12	1-May-12	'	'	1-Dec-12	1-Dec-12	'	'
Expiration Date	'	'	'	1-Mar-13	1-Jun-17	'	'	1-Sep-17	1-Mar-18
Fair Value	($2,067)	($2,051)	'	'	'	($16)	'	'	'

Recovered_Sheet3

Risk Management and Use of Derivative Financial Instruments (Details 9)	12 Months Ended
	Dec. 31, 2012
Risks and Uncertainties	'
Concentration Risk Percentage	10.00%
Retail	'
Risks and Uncertainties	'
Concentration Risk Percentage	20.00%
All other	'
Risks and Uncertainties	'
Concentration Risk Percentage	80.00%
Office	'
Risks and Uncertainties	'
Concentration Risk Percentage	29.00%
Industrial	'
Risks and Uncertainties	'
Concentration Risk Percentage	19.00%
Warehouse/Distribution	'
Risks and Uncertainties	'
Concentration Risk Percentage	15.00%
Retail	'
Risks and Uncertainties	'
Concentration Risk Percentage	14.00%
Self Storage	'
Risks and Uncertainties	'
Concentration Risk Percentage	10.00%
All other	'
Risks and Uncertainties	'
Concentration Risk Percentage	13.00%
California	'
Risks and Uncertainties	'
Concentration Risk Percentage	10.00%
Other US	'
Risks and Uncertainties	'
Concentration Risk Percentage	62.00%
US	'
Risks and Uncertainties	'
Concentration Risk Percentage	72.00%
Europe	'
Risks and Uncertainties	'
Concentration Risk Percentage	28.00%

Impairment_Charges_Details_1

Impairment Charges (Details 1) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Impairment Disclosure [Line Items]	'	'	'
Asset Impairment Charges	$22,962	$10,473	$15,381
Continuing Operations:	'	'	'
Impairment Disclosure [Line Items]	'	'	'
Asset Impairment Charges	9,910	-1,159	2,534
Continuing Operations: | Operating Expense	'	'	'
Impairment Disclosure [Line Items]	'	'	'
Asset Impairment Charges	0	-1,365	1,140
Discontinued Operations:	'	'	'
Impairment Disclosure [Line Items]	'	'	'
Asset Impairment Charges	22,962	11,838	14,241
Real Estate | Continuing Operations: | Operating Expense	'	'	'
Impairment Disclosure [Line Items]	'	'	'
Asset Impairment Charges	0	243	'
Net Investments In Direct Financing Lease | Continuing Operations: | Operating Expense	'	'	'
Impairment Disclosure [Line Items]	'	'	'
Asset Impairment Charges	'	-1,608	1,140
Equity Investments in Real Estate | Continuing Operations:	'	'	'
Impairment Disclosure [Line Items]	'	'	'
Asset Impairment Charges	9,910	206	1,394
Total Assets	'	'	'
Impairment Disclosure [Line Items]	'	'	'
Asset Impairment Charges	$32,872	$10,679	$16,775

Debt_Narratives_Details

Debt (Narratives) (Details) (USD $)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Revolving Line Of Credit	'	'	'
Senior credit facility	$625,000,000	$450,000,000	'
Credit facility, expiration date	31-Dec-14	'	'
Letters of credit outstanding amount	5,400,000	'	'
Amendement fees	7,000,000	'	'
Debt instrument, covenant compliance	'We were in compliance with all of these covenants at December 31, 2012.	'	'
Maximum cash distributions	50,000,000	'	'
Non Recourse Debt	'	'	'
Amount of debt acquired	23,800,000	29,000,000	35,000,000
Collateral mortgage loan, carrying value	2,000,000,000	'	'
Debt instrument maturity date, range start	1-Jan-13	'	'
Debt instrument maturity date, range end	31-Dec-26	'	'
Mortgage loans on real estate, interest rate	4.20%	5.10%	5.50%
Debt refinanced	21,200,000	10,500,000	'
Debt refinanced, restated carrying value	'	11,900,000	'
Mortgage loan term	'11.5	'10.4	'10
Variable rate basis	'	'	'Libor
Variable rate spread	'	'	2.50%
Carey Storage Ventures	'	'	'
Non Recourse Debt	'	'	'
Mortgage loans on real estate, interest rate	'	6.70%	6.30%
Mortgage loan term	'	'8.2	'8.5
Fair value of mortgage loans assumed	'	'	17,100,000
Carey Storage Ventures | Investors	'	'	'
Non Recourse Debt	'	'	'
Amount of debt acquired	'	2,800,000	8,200,000
CPA 14	'	'	'
Non Recourse Debt	'	'	'
Amount of debt acquired	'	88,700,000	'
Fair value market adjustment	'	1,100,000	'
Mortgage loans on real estate, interest rate	'	5.80%	'
Mortgage loan term	'	'8.3	'
Fair value of mortgage loans assumed	'	87,600,000	'
WPC/CPA 15 Merger	'	'	'
Non Recourse Debt	'	'	'
Fair value market adjustment	14,800,000	'	'
Maximum	'	'	'
Revolving Line Of Credit	'	'	'
Credit facililty potential increase	125,000,000	'	'
Potential increase in swing line loan	35,000,000	'	'
Potential increase in credit facility demonitated in currency other than USD	150,000,000	'	'
Additional potential letter of credit	50,000,000	'	'
Revolving Credit Facility	'	'	'
Revolving Line Of Credit	'	'	'
Senior credit facility	450,000,000	'	'
Interest rate on debt	2.00%	'	'
Line of credit facility, available	625,000,000	'	'
Term Loan Facility	'	'	'
Revolving Line Of Credit	'	'	'
Senior credit facility	175,000,000	'	'
Letter of Credit	'	'	'
Revolving Line Of Credit	'	'	'
Letters of credit outstanding amount	253,000,000	'	'
Investment Grade | Maximum	'	'	'
Revolving Line Of Credit	'	'	'
Facility interest rate	0.40%	'	'
Investment Grade | Maximum | Euro Currency	'	'	'
Revolving Line Of Credit	'	'	'
Interest rate on debt	2.00%	'	'
Investment Grade | Maximum | Base Rate Loans	'	'	'
Revolving Line Of Credit	'	'	'
Interest rate on debt	1.00%	'	'
Investment Grade | Minimum	'	'	'
Revolving Line Of Credit	'	'	'
Facility interest rate	0.20%	'	'
Investment Grade | Minimum | Euro Currency	'	'	'
Revolving Line Of Credit	'	'	'
Interest rate on debt	1.10%	'	'
Investment Grade | Minimum | Base Rate Loans	'	'	'
Revolving Line Of Credit	'	'	'
Interest rate on debt	0.10%	'	'
Not Investment Grade | Maximum	'	'	'
Revolving Line Of Credit	'	'	'
Dent instrument unused borrowing capacity fee %	0.40%	'	'
Not Investment Grade | Maximum | Euro Currency	'	'	'
Revolving Line Of Credit	'	'	'
Interest rate on debt	2.50%	'	'
Not Investment Grade | Maximum | Base Rate Loans	'	'	'
Revolving Line Of Credit	'	'	'
Interest rate on debt	1.50%	'	'
Not Investment Grade | Minimum	'	'	'
Revolving Line Of Credit	'	'	'
Dent instrument unused borrowing capacity fee %	0.30%	'	'
Not Investment Grade | Minimum | Euro Currency	'	'	'
Revolving Line Of Credit	'	'	'
Interest rate on debt	1.75%	'	'
Not Investment Grade | Minimum | Base Rate Loans	'	'	'
Revolving Line Of Credit	'	'	'
Interest rate on debt	0.75%	'	'
Fixed Interest Rate Loans	'	'	'
Non Recourse Debt	'	'	'
Mortgage loan on real estate, minimum interest rate	2.70%	'	'
Mortgage loan on real estate, maximum interest rate	10.00%	'	'
Fixed Interest Rate Loans | Carey Storage Ventures	'	'	'
Non Recourse Debt	'	'	'
Amount of debt acquired	'	4,600,000	'
Fixed Interest Rate Loans | WPC/CPA 15 Merger	'	'	'
Non Recourse Debt	'	'	'
Amount of debt acquired	1,100,000,000	'	'
Mortgage loans on real estate, interest rate	5.08%	'	'
Numbers of loans assumed	58	'	'
Variable Interest Rate Loans	'	'	'
Non Recourse Debt	'	'	'
Mortgage loan on real estate, minimum interest rate	1.20%	'	'
Mortgage loan on real estate, maximum interest rate	7.60%	'	'
Variable Interest Rate Loans | WPC/CPA 15 Merger	'	'	'
Non Recourse Debt	'	'	'
Amount of debt acquired	$295,200,000	'	'
Mortgage loans on real estate, interest rate	5.03%	'	'
Numbers of loans assumed	9	'	'

Debt_Details_1

Debt (Details 1) (USD $)	Dec. 31, 2012
In Thousands, unless otherwise specified
Long-term Debt, by Maturity	'
2013	$174,648
2014	631,345
2015	240,681
2016	87,223
2017	125,999
Thereafter through 2037	725,257
Long Term Debt Before Unamortized Discount	1,985,153
Unamortized discount	-16,756
Total scheduled debt principal payments	1,968,397
Revolving Credit Facility	'
Long-term Debt, by Maturity	'
2014	78,000
Term Loan Facility	'
Long-term Debt, by Maturity	'
2014	$175,000

Equity_Narrative_Details

Equity (Narrative) (Details) (USD $)	0 Months Ended		12 Months Ended
	Oct. 19, 2012	Jun. 30, 2003	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2008
Per Share Distributions	'	'	'	'	'	'
Dividends payable	'	'	$0.66	$0.56	'	'
Dividend payable date	'	'	'2013-01	'2012-01	'	'
Redeemable Noncontrolling Interests	'	'	'	'	'	'
Stock-based compensation expense	'	$2,500,000	$26,038,000	$17,290,000	$7,961,000	'
Excercise price	'	'	$25.94	$27.71	$22.26	$1
Options granted	'	1,500,000	'	'	'	'
Restricted stock award issued during period, gross	'	1,500,000	'	'	'	'
Percent Ownership In Subsidary By Officers	'	13.00%	7.70%	'	'	23.00%
Earnings Per Share	'	'	'	'	'	'
Restricted stock award issued during period, gross	'	1,500,000	'	'	'	'
Common stock, issued	937,500	'	'	'	'	'
Common stock sold, per share	$48	'	'	'	'	'
Proceeds from the issuance of common stock	$45,000,000	'	'	'	'	'
Anti dilutive shares	'	'	'	207,258	247,750	'

Equity_Details_1

Equity (Details 1) (USD $)	12 Months Ended
	Dec. 31, 2012
Per Share Distributions	'
Ordinary income	$0.62
Return of capital	$0.03
Total distributions	$0.65

Equity_Details_2

Equity (Details 2) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Redeemable Noncontrolling Interests	'	'	'
Beginning balance	$7,700	$7,546	$7,692
Reclassification from permanent equity to temporary equity	-840	-455	-471
Net (loss) income	40	1,923	1,293
Distributions	-1,055	-1,309	-956
Change in other comprehensive income	-6	5	12
Ending balance	$7,531	$7,700	$7,546

Equity_Details_3

Equity (Details 3) (USD $)	3 Months Ended								12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Minority Interest	'	'	'	'	'	'	'	'	'	'	'
Net income attributable to W. P. Carey	$15,477	$2,588	$31,777	$12,290	$9,091	$25,202	$81,443	$23,343	$62,132	$139,079	$73,972
Transfers to noncontrolling interest	'	'	'	'	'	'	'	'	'	'	'
Net transfers to noncontrolling interest	'	'	'	'	'	'	'	'	-154	-5,879	'
Change from net income attributable to W. P. Carey and transfers to noncontrolling interest	'	'	'	'	'	'	'	'	61,978	133,200	73,972
50 Rock	'	'	'	'	'	'	'	'	'	'	'
Transfers to noncontrolling interest	'	'	'	'	'	'	'	'	'	'	'
Decrease in W. P. Carey's additional paid-in capital for purchase	'	'	'	'	'	'	'	'	-154	'	'
Checkfree Holdings, Inc.	'	'	'	'	'	'	'	'	'	'	'
Transfers to noncontrolling interest	'	'	'	'	'	'	'	'	'	'	'
Decrease in W. P. Carey's additional paid-in capital for purchase	'	'	'	'	'	'	'	'	'	($5,879)	'

Equity_Details_4

Equity (Details 4) (USD $)	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Accumulated Other Comprehensive Income	'	'
Unrealized gain on marketable securities	$31	$37
Unrealized loss on derivative instrument	-6,029	-5,246
Foreign currency translation adjustment	1,349	-3,298
Accumulated other comprehensive loss	($4,649)	($8,507)

Equity_Details_5

Equity (Details 5) (USD $)	3 Months Ended								12 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Earnings Per Share	'	'	'	'	'	'	'	'	'	'	'
Net income attributable to W. P. Carey	$15,477	$2,588	$31,777	$12,290	$9,091	$25,202	$81,443	$23,343	$62,132	$139,079	$73,972
Allocation of earnings to participating unvested RSUs	'	'	'	'	'	'	'	'	-535	-2,130	-440
Net Income - basic	'	'	'	'	'	'	'	'	61,597	136,949	73,532
Income effect of dilutive securities, net of taxes	'	'	'	'	'	'	'	'	23	1,076	724
Net Income - diluted	'	'	'	'	'	'	'	'	$61,620	$138,025	$74,256
Weighted average shares outstanding-basic	'	'	'	'	'	'	'	'	47,389,460	39,819,475	39,514,746
Effect of dilutive securities	'	'	'	'	'	'	'	'	689,014	278,620	493,148
Weighted average shares outstanding-diluted	'	'	'	'	'	'	'	'	48,078,474	40,098,095	40,007,894
Anti dilutive shares	'	'	'	'	'	'	'	'	'	207,258	247,750

StockBased_Compensation_and_Ot1

Stock-Based Compensation and Other Compensation (Narratives) (Details) (USD $)

12 Months Ended

12 Months Ended

12 Months Ended

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

1997 Incentive Plan

2009 Incentive Plan

Long Term Incentive Plan

Long Term Incentive Plan

Long Term Incentive Plan

2009 Non-Employee Directors Incentive Plan

2009 Non-Employee Directors Incentive Plan

1997 Non-Employee Directors Plan

Performance Stock Units

Employee Stock Purchase Plan

Employee Stock Purchase Plan

Employee Stock Purchase Plan

Partnership Equity Plan

Partnership Equity Plan

Non-Vested Awards

Non-Vested Awards

Non-Vested Awards

Stock-Based and Other Compensation Additional Disclosures

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Allcoated share-based compensation expense

$26,200,000

$17,800,000

$7,400,000

'

'

$24,800,000

$15,700,000

$5,700,000

'

'

'

$2,800,000

$600,000

$600,000

$200,000

'

'

'

'

'

Stock based compensaton period increase decrease

8,100,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Forfeiture of stock compensation

2,500,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Tax benefit recognized from stock based compensation plan

16,200,000

7,800,000

3,300,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Description of Share-Based Compensation Plan

'

'

'

'The 1997 Incentive Plan provided for the grant of (i) share options, which may or may not qualify as incentive stock options under the Code, (ii) performance shares or PSUs, (iii) dividend equivalent rights and (iv) restricted shares or RSUs.

'The 2009 Incentive Plan provides for the grant of (i) share options, (ii) restricted shares or RSUs, (iii) performance shares or PSUs, and (iv) dividend equivalent rights.

'

'

'

' The 2009 Directors’ Plan authorizes the issuance of 325,000 shares of our common stock in the aggregate and initially provided for the automatic annual grant of RSUs with a total value of $50,000 to each director. In January 2011, the Compensation Committee approved an increase in the value of the annual grant to $70,000 per director, effective as of July 1, 2011.

'

'The 1997 Directors’ Plan provided for the grant of (i) share options, which may or may not qualify as incentive stock options, (ii) performance shares, (iii) dividend equivalent rights and (iv) restricted shares.

'

'

'

'

'

'

'

'

'

Terms of Award

'

'

'

'Options granted under the 1997 Incentive Plan generally have a 10-year term and generally vest in four equal annual installments.

'

'

'

'

'

'

' Options granted under the 1997 Directors’ Plan have a 10-year term and vest generally over three years from the date of grant.

'

'

'

'

'

'

'

'

'

Shares Authorized For Grant

'

'

'

6,200,000

3,600,000

'

'

'

325,000

'

300,000

'

'

'

'

'

'

'

'

'

Shares Available For Grant

'

'

'

'

1,959,996

'

'

'

245,075

'

'

'

'

'

'

'

'

'

'

'

Grant, fair value

'

'

'

'

'

'

'

'

'

70,000

'

'

'

'

'

'

'

'

'

'

Cash distributions for stock compensation

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,000,000

'

'

'

'

Deferred compensation

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

9,300,000

700,000

'

'

'

New shares issued

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

356,416

'

'

'

'

Stock options to be issued

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

53,743

'

'

'

Deferred Compensation Equity

8,358,000

7,063,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,400,000

'

'

'

Outstanding at end of year, weighted average remaining contractual term

'3 years 2 months 8 days

'3 years 3 months 14 days

'4 years 3 months 4 days

'10 years 0 months 0 days

'

'

'

'

'

'

'10 years 0 months 0 days

'

'

'

'

'

'

'

'

'

Options execrised during the period, aggeregate instrinsic value

9,300,000

4,600,000

2,800,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share based compensation expense expected to be recognized

'

'

'

'

'

33,600,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Cash received from excerise of stock options

'

'

'

'

'

'

'

'

'

'

'

'

6,800,000

1,200,000

3,700,000

'

'

'

'

'

Fair value of vested stock

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

14,300,000

6,900,000

5,000,000

Maximum contribution for profit sharing plan

100,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Profit sharing expense

4,400,000

3,800,000

3,300,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Severance cost

$1,100,000

$400,000

$1,100,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

StockBased_Compensation_and_Ot2

Stock-Based Compensation and Other Compensation (Details 1)	0 Months Ended	12 Months Ended
	Jun. 30, 2003	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2012	Dec. 31, 2011
			2009 Incentive Plan	2009 Incentive Plan	2009 Incentive Plan	2009 Incentive Plan	2009 Incentive Plan
						Employment Contracts	Employment Contracts
Stock Issued or Granted During Period, Share-based Compensation	'	'	'	'	'	'	'
Restricted stock award issued during period, gross	1,500,000	'	259,400	524,550	140,050	78,000	340,000
Peformance stock award issued during period, gross	'	'	314,400	291,600	159,250	142,000	100,000
Peformance stock award issued during period gross, excluded	'	10,000	'	'	'	20,000	20,000

StockBased_Compensation_and_Ot3

Stock-Based Compensation and Other Compensation (Details 2) (USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2008
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]	'	'	'	'
Outstanding at beginning of year - shares	1,208,041	1,699,701	2,255,604	'
Excercised - shares	-410,331	-449,660	-399,507	'
Forfeited/Expired - shares	-3,500	-42,000	-156,396	'
Outstanding at end of year - shares	794,210	1,208,041	1,699,701	'
Vested and expected to vest at end of year - shares	746,689	'	'	'
Exercisable at end of year - shares	623,218	959,779	1,231,683	'
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price	'	'	'	'
Outstanding at beginning of year, weighted average exercise price	$28.73	$28.57	$27.55	'
Excercised, weighted average exercise price	$25.94	$27.71	$22.26	$1
Forfeited/Expired, weighted average exercise price	$24.93	$32.85	$30.24	'
Outstanding at end of year, weighted average exercise price	$30.32	$28.73	$28.57	'
Vested and expected to vest at end of year, weighted average exercise price	$30.26	'	'	'
Exercisable at end of year, weighted average exercise price	$30.22	$28.36	$27.86	'
Outstanding at end of year, weighted average remaining contractual term	'3 years 2 months 8 days	'3 years 3 months 14 days	'4 years 3 months 4 days	'
Vested and expected to vest at end of year, weighted average remaining contractual term	'3 years 2 months 5 days	'	'	'
Exercisable at end of year, weighted average remaining contractual term	'2 years 11 months 26 days	'2 years 11 months 12 days	'	'
Outstanding at end of year, aggeregate instrinsic value	$17,335,637	'	'	'
Vested and expected to vest at end of year, aggeregate instrinsic value	16,346,539	'	'	'
Exercisable at end of year, aggeregate instrinsic value	$13,669,784	'	'	'

StockBased_Compensation_and_Ot4

Stock-Based Compensation and Other Compensation (Details 3) (USD $)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Restricted Stock And Units RSU	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares	'	'	'
Nonvested, beginning balance - shares	624,793	263,820	381,878
Granted - shares	274,420	541,890	156,682
Vested - shares	-268,683	-162,437	-175,225
Forfeited - shares	-36,336	-18,480	-99,515
Adjustments - shares	0	0	0
Novested, ending balance - shares	594,194	624,793	263,820
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value	'	'	'
Novested, beginning balance, weighted average grant date fair value	$33.26	$28.42	$28.87
Granted, weighted average grant date fair value	$41.41	$34.65	$28.34
Vested, weighted average grant date fair value	$32.56	$30.48	$28.58
Forfeited, weighted average grant date fair value	$36.33	$29.32	$29.75
Adjustments, weighted average grant date fair	$0	$0	$0
Novested, weighted average grant date fair value	$37.15	$33.26	$28.42
PSU Awards	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares	'	'	'
Nonvested, beginning balance - shares	673,428	243,994	170,375
Granted - shares	314,400	291,600	159,250
Vested - shares	-235,189	-48,925	0
Forfeited - shares	-49,494	-14,055	-65,725
Adjustments - shares	296,368	200,814	-19,906
Novested, ending balance - shares	999,513	673,428	243,994
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value	'	'	'
Novested, beginning balance, weighted average grant date fair value	$36.30	$36.18	$32.33
Granted, weighted average grant date fair value	$42.28	$46.66	$36.16
Vested, weighted average grant date fair value	$23.66	$39.78	$0
Forfeited, weighted average grant date fair value	$33.96	$42.14	$36.26
Adjustments, weighted average grant date fair	$26.01	$22.65	$28.49
Novested, weighted average grant date fair value	$34.55	$36.30	$36.18

Income_Taxes_Narratives_Detail

Income Taxes (Narratives) (Details) (USD $)	12 Months Ended				12 Months Ended
	Dec. 31, 2010	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2009	Dec. 31, 2012	Dec. 31, 2012
					Minimum [Member]	Maximum [Member]
Income Tax Disclosures	'	'	'	'	'	'
Accrued income taxes	'	$4,000,000	'	'	'	'
Net deferrred tax asset (liability)	'	-17,328,000	-44,127,000	'	'	'
Unrecognized tax benefit that would impact tax rate	'	'	'	600,000	'	'
Unrecognized tax benefit tax benefit, reversed	100,000	'	'	'	'	'
Prepaid taxes	'	'	4,600,000	'	'	'
Uncertain tax position	'	300,000	0	'	'	'
Income Tax Contingency [Line Items]	'	'	'	'	'	'
Open tax years by major tax jurisdiction	'	'	'	'	'2009	'2012
Operating loss carryforward	'	46,100,000	'	'	'	'
Operating loss deferred tax asset, valuation allowance	'	11,900,000	'	'	'	'
Operating loss carryforwards, deferred tax asset	'	$11,900,000	'	'	'	'

Income_Taxes_Details_1

Income Taxes (Details 1) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Federal	'	'	'
Current	$18,142	$17,820	$17,729
Deferred	-21,167	6,867	-2,409
Total, Federal	-3,025	24,687	15,320
State, Local and Foreign	'	'	'
Current	15,441	10,559	12,288
Deferred	-5,633	1,968	-1,756
Total, State, Local and Foreign	9,808	12,527	10,532
Income Tax Expense (Benefit), Continuing Operations	$6,783	$37,214	$25,852

Income_Taxes_Details_2

Income Taxes (Details 2) (USD $)	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Deferred Tax Assets	'	'
Unearned and deferred compensation	$17,272	$12,598
Other	10,832	3,465
Deferred tax asset, gross	28,104	16,063
Deferred Tax Liability	'	'
Receivable from affiliates	-13,251	-14,378
Investments	-31,598	-45,812
Other	-583	0
Deferred tax liability, gross	-45,432	-60,190
Net deferrred tax asset (liability)	($17,328)	($44,127)

Income_Taxes_Details_3

Income Taxes (Details 3) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Reconciliation of total provision for Income Tax	'	'	'
Pretax income from taxable subsidiaries	($412)	$78,561	$49,253
Federal provision at statutory tax rate (35%)	-144	27,496	17,238
State and local taxes, net of federal benefit	616	7,409	4,303
Amortization of intangible assets	465	486	854
Other	1,069	272	264
Tax provision - taxable subsidiaries	2,006	35,663	22,659
Other state, local and foreign taxes	4,777	1,551	3,193
Income Tax Expense (Benefit), Continuing Operations	$6,783	$37,214	$25,852
Effective Income Tax Rate, Continuing Operations	'	'	'
Income tax rate - Federal	35.00%	35.00%	35.00%
Income tax rate - State and local	-149.50%	9.40%	8.70%
Income tax rate - Amortization of intangible assets	-112.90%	0.60%	1.70%
Income tax rate - Other	-261.20%	0.40%	0.60%
Income tax rate - Total	-488.60%	45.40%	46.00%

Discontinued_Operations_Narrat

Discontinued Operations (Narratives) (Details) (USD $)

12 Months Ended

9 Months Ended

12 Months Ended

1 Months Ended

3 Months Ended

9 Months Ended

12 Months Ended

9 Months Ended

12 Months Ended

12 Months Ended

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2011

Dec. 31, 2010

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2010

Hotel

BE Aerospace

Career Education Institute

Career Education Institute

Merger property

Merger property

Merger property

Merger property

Domestic properties sold in 2013

Domestic properties sold in 2013

Domestic properties sold in 2013

Domestic properties sold in 2012

Domestic properties sold in 2012

Domestic properties sold in 2012

Domestic properties sold in 2011

Domestic properties sold in 2011

Domestic properties sold in 2010

WPC/CPA 15 Merger

WPC/CPA 15 Merger

property

Assets held-for-sale

property

property

property

Affiliate

property

Discontinued Operation Additional Disclosures

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Properties sold

'

'

'

'

'

'

'

'

'

'

'

7

'

3

13

'

'

7

'

7

Contract selling price of property

'

'

'

$3,800,000

$25,300,000

'

'

$16,400,000

$1,400,000

'

'

$22,700,000

'

'

$44,800,000

'

'

$12,500,000

'

$14,600,000

Gain (loss) on sale of property

'

'

'

'

-500,000

'

'

'

'

'

'

600,000

'

'

-1,400,000

'

'

-3,400,000

'

500,000

Gain (loss) on deconsolidation

0

1,008,000

0

'

'

1,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Asset to be disposed, carrying value

'

'

'

'

'

5,300,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Impairment charges

22,962,000

11,838,000

14,241,000

1,100,000

'

'

5,600,000

'

'

'

'

3,900,000

200,000

'

12,500,000

11,800,000

500,000

100,000

2,700,000

5,900,000

Goodwill written off

'

'

'

'

'

'

'

'

3,200,000

'

'

1,200,000

'

'

'

'

'

'

'

'

Non-recourse mortgage

23,800,000

29,000,000

35,000,000

'

'

6,300,000

'

'

'

'

'

5,700,000

'

'

'

'

'

'

'

'

Gain (loss) on extinguishment of debt

'

'

'

'

'

'

'

'

'

'

'

$100,000

'

'

'

'

'

'

'

'

Equity method investment, ownership percentage

'

'

'

'

'

'

'

'

'

44.00%

56.00%

'

'

'

'

'

'

'

'

'

Discontinued_Operations_Detail

Discontinued Operations (Details 1) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Disposal Group, Including Discontinued Operation, Income Statement Disclosures	'	'	'
Revenues	$10,569	$14,559	$18,389
Expenses	-10,164	-15,262	-14,838
Gain on deconsolidation of a subsidiary	0	1,008	0
(Loss) gain on sale of real estate	-5,019	-3,391	460
Impairment charges	-22,962	-11,838	-14,241
(Loss) income from discontinued operations	($27,576)	($14,924)	($10,230)

Segment_Reporting_Narratives_D

Segment Reporting (Narratives) (Details) (USD $)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Segment Reporting Information Profit Loss	'	'	'
Income from equity method investments	$62,392,000	$51,228,000	$30,992,000
Reimbursed costs from affiliates	98,245,000	64,829,000	60,023,000
Merger expenses	31,700,000	'	'
Medica France, S.A.	'	'	'
Segment Reporting Information Profit Loss	'	'	'
Income from equity method investments	$15,100,000	'	'
CPA 16 - Global | Real Estate Ownership	'	'	'
Segment Reporting Information Profit Loss	'	'	'
Percentage of total investment in REIT	6.80%	'	'

Segment_Reporting_Details_1

Segment Reporting (Details 1) (USD $)	3 Months Ended								12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Segment Reporting Information Profit Loss	'	'	'	'	'	'	'	'	'	'	'
Revenues	$165,926	$69,278	$66,113	$67,548	$60,026	$74,900	$114,674	$74,522	$368,865	$324,122	$257,179
Operating expenses	-111,674	-84,451	-57,794	-55,452	-49,019	-50,208	-50,550	-47,059	-309,371	-196,836	-164,276
Interest expense	'	'	'	'	'	'	'	'	-50,290	-21,675	-15,539
Other, net	'	'	'	'	'	'	'	'	87,314	85,606	32,690
Provision for income taxes	'	'	'	'	'	'	'	'	-6,783	-37,214	-25,852
Income from continuing operations attributable to W.P. Carey	'	'	'	'	'	'	'	'	89,735	154,003	84,202
Segment Reporting Asset Balances	'	'	'	'	'	'	'	'	'	'	'
Total Long-Lived Assets	4,306,251	'	'	'	1,343,890	'	'	'	4,306,251	1,343,890	'
Total Assets	4,609,042	'	'	'	1,462,623	'	'	'	4,609,042	1,462,623	'
Investment Management	'	'	'	'	'	'	'	'	'	'	'
Segment Reporting Information Profit Loss	'	'	'	'	'	'	'	'	'	'	'
Revenues	'	'	'	'	'	'	'	'	223,180	242,647	191,890
Operating expenses	'	'	'	'	'	'	'	'	-207,050	-157,572	-133,683
Other, net	'	'	'	'	'	'	'	'	3,878	2,695	2,559
Provision for income taxes	'	'	'	'	'	'	'	'	-2,771	-34,971	-23,660
Income from continuing operations attributable to W.P. Carey	'	'	'	'	'	'	'	'	17,237	52,799	37,106
Segment Reporting Asset Balances	'	'	'	'	'	'	'	'	'	'	'
Total Long-Lived Assets	69,258	'	'	'	70,369	'	'	'	69,258	70,369	'
Total Assets	124,221	'	'	'	128,557	'	'	'	124,221	128,557	'
Real Estate Ownership	'	'	'	'	'	'	'	'	'	'	'
Segment Reporting Information Profit Loss	'	'	'	'	'	'	'	'	'	'	'
Revenues	'	'	'	'	'	'	'	'	145,685	81,475	65,289
Operating expenses	'	'	'	'	'	'	'	'	-102,321	-39,264	-30,593
Interest expense	'	'	'	'	'	'	'	'	-50,290	-21,675	-15,539
Other, net	'	'	'	'	'	'	'	'	83,436	82,911	30,131
Provision for income taxes	'	'	'	'	'	'	'	'	-4,012	-2,243	-2,192
Income from continuing operations attributable to W.P. Carey	'	'	'	'	'	'	'	'	72,498	101,204	47,096
Segment Reporting Asset Balances	'	'	'	'	'	'	'	'	'	'	'
Total Long-Lived Assets	4,236,993	'	'	'	1,273,521	'	'	'	4,236,993	1,273,521	1,034,745
Total Assets	$4,484,821	'	'	'	$1,334,066	'	'	'	$4,484,821	$1,334,066	$1,048,405

Segment_Reporting_Details_2

Segment Reporting (Details 2) (USD $)	3 Months Ended								12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Segment Reporting Information Profit Loss	'	'	'	'	'	'	'	'	'	'	'
Revenues	$165,926	$69,278	$66,113	$67,548	$60,026	$74,900	$114,674	$74,522	$368,865	$324,122	$257,179
Operating expenses	-111,674	-84,451	-57,794	-55,452	-49,019	-50,208	-50,550	-47,059	-309,371	-196,836	-164,276
Interest expense	'	'	'	'	'	'	'	'	-50,290	-21,675	-15,539
Other, net	'	'	'	'	'	'	'	'	87,314	85,606	32,690
Provision for income taxes	'	'	'	'	'	'	'	'	-6,783	-37,214	-25,852
Income from continuing operations, net of tax	'	'	'	'	'	'	'	'	89,735	154,003	84,202
Segment Reporting Asset Balances	'	'	'	'	'	'	'	'	'	'	'
Assets	4,609,042	'	'	'	1,462,623	'	'	'	4,609,042	1,462,623	'
Long-Lived Assets	4,306,251	'	'	'	1,343,890	'	'	'	4,306,251	1,343,890	'
Real Estate Ownership	'	'	'	'	'	'	'	'	'	'	'
Segment Reporting Information Profit Loss	'	'	'	'	'	'	'	'	'	'	'
Revenues	'	'	'	'	'	'	'	'	145,685	81,475	65,289
Operating expenses	'	'	'	'	'	'	'	'	-102,321	-39,264	-30,593
Interest expense	'	'	'	'	'	'	'	'	-50,290	-21,675	-15,539
Other, net	'	'	'	'	'	'	'	'	83,436	82,911	30,131
Provision for income taxes	'	'	'	'	'	'	'	'	-4,012	-2,243	-2,192
Income from continuing operations, net of tax	'	'	'	'	'	'	'	'	72,498	101,204	47,096
Segment Reporting Asset Balances	'	'	'	'	'	'	'	'	'	'	'
Assets	4,484,821	'	'	'	1,334,066	'	'	'	4,484,821	1,334,066	1,048,405
Long-Lived Assets	4,236,993	'	'	'	1,273,521	'	'	'	4,236,993	1,273,521	1,034,745
Foreign Properties | Real Estate Ownership	'	'	'	'	'	'	'	'	'	'	'
Segment Reporting Information Profit Loss	'	'	'	'	'	'	'	'	'	'	'
Revenues	'	'	'	'	'	'	'	'	30,113	9,729	7,706
Operating expenses	'	'	'	'	'	'	'	'	-2,520	-4,859	-3,742
Interest expense	'	'	'	'	'	'	'	'	-11,531	-1,695	-1,742
Other, net	'	'	'	'	'	'	'	'	6,606	6,176	3,943
Provision for income taxes	'	'	'	'	'	'	'	'	-1,315	-108	-30
Income from continuing operations, net of tax	'	'	'	'	'	'	'	'	21,353	9,243	6,135
Segment Reporting Asset Balances	'	'	'	'	'	'	'	'	'	'	'
Assets	956,903	'	'	'	75,522	'	'	'	956,903	75,522	82,987
Long-Lived Assets	875,796	'	'	'	70,047	'	'	'	875,796	70,047	73,447
Domestic properties | Real Estate Ownership	'	'	'	'	'	'	'	'	'	'	'
Segment Reporting Information Profit Loss	'	'	'	'	'	'	'	'	'	'	'
Revenues	'	'	'	'	'	'	'	'	115,572	71,746	57,583
Operating expenses	'	'	'	'	'	'	'	'	-99,801	-34,405	-26,851
Interest expense	'	'	'	'	'	'	'	'	-38,759	-19,980	-13,797
Other, net	'	'	'	'	'	'	'	'	76,830	76,735	26,188
Provision for income taxes	'	'	'	'	'	'	'	'	-2,697	-2,135	-2,162
Income from continuing operations, net of tax	'	'	'	'	'	'	'	'	51,145	91,961	40,961
Segment Reporting Asset Balances	'	'	'	'	'	'	'	'	'	'	'
Assets	3,527,918	'	'	'	1,258,544	'	'	'	3,527,918	1,258,544	965,418
Long-Lived Assets	$3,361,197	'	'	'	$1,203,474	'	'	'	$3,361,197	$1,203,474	$961,298

Selected_Quarterly_Financial_D2

Selected Quarterly Financial Data (Unaudited) (Details) (USD $)	3 Months Ended								12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Quarterly Disclosures	'	'	'	'	'	'	'	'	'	'	'
Revenues	$165,926	$69,278	$66,113	$67,548	$60,026	$74,900	$114,674	$74,522	$368,865	$324,122	$257,179
Expenses	111,674	84,451	57,794	55,452	49,019	50,208	50,550	47,059	309,371	196,836	164,276
Net Income	17,654	2,226	31,230	11,669	9,204	25,258	81,060	23,616	62,779	139,138	74,951
Net (income) loss attributable to non controlling interest	-1,990	325	480	578	569	581	384	330	-607	1,864	314
Less: Net income attributable to redeemable noncontrolling interests	-187	37	67	43	-682	-637	-1	-603	'	'	'
Net income attributable to W. P. Carey	15,477	2,588	31,777	12,290	9,091	25,202	81,443	23,343	62,132	139,079	73,972
Earnings per share attributable to W.P. Carey shareholders-	'	'	'	'	'	'	'	'	'	'	'
Basic	$0.22	$0.06	$0.78	$0.30	$0.22	$0.62	$2.02	$0.58	$1.30	$3.44	$1.86
Diluted	$0.22	$0.06	$0.77	$0.30	$0.22	$0.62	$1.99	$0.58	$1.28	$3.42	$1.86
Per shares distributions declared	$0.66	$0.65	$0.57	$0.56	$0.56	$0.56	$0.55	$0.51	$2.44	$2.19	$2.03
Incentive termination and subordinated disposition revenue	'	'	'	'	'	'	'	'	$0	$52,515	$0

Subsequent_Events_Details

Subsequent Events (Details) (USD $)

12 Months Ended

9 Months Ended

12 Months Ended

9 Months Ended

12 Months Ended

12 Months Ended

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Sep. 30, 2013

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Hotel

Merger property

Merger property

Domestic properties sold in 2013

Domestic properties sold in 2013

Domestic properties sold in 2013

Subsequent event

Subsequent event

Subsequent event

property

Assets held-for-sale

property

Subsequent Event [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Loan To Affiliates

'

'

'

'

'

'

'

'

'

$50,000,000

'

'

RSUs Issued

'

'

'

'

'

'

'

'

'

166,200

'

'

PSUs Issued

'

'

'

'

'

'

'

'

'

75,900

'

'

Discontinued Operations

'

'

'

'

'

'

'

'

'

'

'

'

Property Sold

'

'

'

'

'

'

7

'

3

'

'

'

Sales of Real Estate

'

'

'

3,800,000

16,400,000

1,400,000

22,700,000

'

'

'

'

'

Gain (Loss) on Sale of Properties

'

'

'

'

'

'

600,000

'

'

'

'

'

Impairment charges

22,962,000

11,838,000

14,241,000

1,100,000

'

'

3,900,000

200,000

'

'

'

'

Goodwill written off

'

'

'

'

'

3,200,000

1,200,000

'

'

'

'

'

Non-recourse mortgage

23,800,000

29,000,000

35,000,000

'

'

'

5,700,000

'

'

'

'

'

Gain (loss) on extinguishment of debt

'

'

'

'

'

'

100,000

'

'

'

'

'

Prior period reclassification adjustment

'

'

'

'

'

'

'

'

'

$11,000,000

$2,100,000

$1,300,000

Prior period reclassification adjustment percentage

'

'

'

'

'

'

'

'

'

13.80%

1.40%

1.60%

Schedule_II_Valuation_and_Qual1

Schedule II - Valuation and Qualifying Accounts (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2010	Dec. 31, 2009
Movement In Valuation Allowances And Reserves	'	'	'
Balance at beginning of year	$0	$0	$0
Other Additions	11,915	'	'
Deductions	0	'	'
Balance at end of year	11,915	0	0
Valuation reserve for deferred tax assets	'	'	'
Movement In Valuation Allowances And Reserves	'	'	'
Balance at beginning of year	0	0	0
Other Additions	11,915	'	'
Deductions	0	'	'
Balance at end of year	$11,915	$0	$0

Schedule_III_Real_Estate_and_A1

Schedule III - Real Estate and Accumulated Depreciation (Narratives) (Details) (USD $)	Dec. 31, 2012
In Billions, unless otherwise specified
Schedule III - Real Estate and Accumualated Depreciation	'
Real estate tax basis	$2.60

Schedule_III_Real_Estate_and_A2

Schedule III - Real Estate and Accumulated Depreciation (Details 1) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012
Schedule Of Real Estate And Accumulated Depreciation	'
Emcumbrances	'
Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Emcumbrances	1,512,763
Initial Cost	'
Land	513,758
Building	1,777,346
Costs Capitalized Subsequent to Acquistion	94,169
Increase (Decrease) in Net Investments	-53,660
Gross Amount at which Carried at Close of Period	'
Land	509,530
Building	1,822,083
Total	2,331,613
Accumulated Depreciation	116,075
Direct Financing Lease	'
Schedule Of Real Estate And Accumulated Depreciation	'
Emcumbrances	154,951
Initial Cost	'
Land	38,916
Building	339,255
Costs Capitalized Subsequent to Acquistion	9
Increase (Decrease) in Net Investments	-2,175
Gross Amount at which Carried at Close of Period	'
Total	376,005
Operating real estate	'
Schedule Of Real Estate And Accumulated Depreciation	'
Emcumbrances	47,683
Initial Cost	'
Land	24,030
Building	71,663
Personal Property	3,816
Costs Capitalized Subsequent to Acquistion	21,412
Increase (Decrease) in Net Investments	-21,218
Gross Amount at which Carried at Close of Period	'
Land	22,158
Building	68,032
Personal Property	9,513
Total	99,703
Accumulated Depreciation	19,993
Office facility in Broomfield, Co | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facilities in Broomfield, CO
Emcumbrances	0
Initial Cost	'
Land	248
Building	2,538
Costs Capitalized Subsequent to Acquistion	4,844
Increase (Decrease) in Net Investments	-2,069
Gross Amount at which Carried at Close of Period	'
Land	2,643
Building	2,918
Total	5,561
Accumulated Depreciation	1,217
Date Acquired	1-Jan-98
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Distribution facilities and warehouses in Erlanger, KY | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Distribution facilities and warehouses in Erlanger, KY
Emcumbrances	12,000
Initial Cost	'
Land	1,526
Building	21,427
Costs Capitalized Subsequent to Acquistion	2,966
Increase (Decrease) in Net Investments	141
Gross Amount at which Carried at Close of Period	'
Land	1,526
Building	24,534
Total	26,060
Accumulated Depreciation	9,431
Date Acquired	1-Jan-98
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Retail store in Montgomery, AL | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Retail store in Montgomery, AL
Emcumbrances	0
Initial Cost	'
Land	855
Building	6,762
Costs Capitalized Subsequent to Acquistion	277
Increase (Decrease) in Net Investments	-6,978
Gross Amount at which Carried at Close of Period	'
Land	142
Building	774
Total	916
Accumulated Depreciation	417
Date Acquired	1-Jan-98
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Warehouse/distribution facilities in Anchorage, AK and Commerce, CA | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Warehouse/distribution facilities in Anchorage, AK and Commerce, CA
Emcumbrances	0
Initial Cost	'
Land	4,905
Building	11,898
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	12
Gross Amount at which Carried at Close of Period	'
Land	4,905
Building	11,910
Total	16,815
Accumulated Depreciation	1,636
Date Acquired	1-Jan-98
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Office facility in Toledo, OH | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facility in Toledo, OH
Emcumbrances	0
Initial Cost	'
Land	224
Building	2,408
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	224
Building	2,408
Total	2,632
Accumulated Depreciation	1,003
Date Acquired	1-Jan-98
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Industrial facility in Goshen, IN | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facility in Goshen, IN
Emcumbrances	0
Initial Cost	'
Land	239
Building	940
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	239
Building	940
Total	1,179
Accumulated Depreciation	133
Date Acquired	1-Jan-98
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Office facility in Raleigh, NC | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facility in Raleigh, NC
Emcumbrances	0
Initial Cost	'
Land	1,638
Building	2,844
Costs Capitalized Subsequent to Acquistion	157
Increase (Decrease) in Net Investments	-2,554
Gross Amount at which Carried at Close of Period	'
Land	828
Building	1,257
Total	2,085
Accumulated Depreciation	454
Date Acquired	1-Jan-98
Life on which depreciation in latest statement of income computed	'20 years 0 months 0 days
Office facility in King of Prussia, PA | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facility in King of Prussia, PA
Emcumbrances	0
Initial Cost	'
Land	1,219
Building	6,283
Costs Capitalized Subsequent to Acquistion	1,295
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	1,219
Building	7,578
Total	8,797
Accumulated Depreciation	2,658
Date Acquired	1-Jan-98
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Warehouse/distribution facility in Fort Lauderdale, FL | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Warehouse/distribution facility in Fort Lauderdale, FL
Emcumbrances	0
Initial Cost	'
Land	1,893
Building	11,077
Costs Capitalized Subsequent to Acquistion	703
Increase (Decrease) in Net Investments	-8,449
Gross Amount at which Carried at Close of Period	'
Land	1,173
Building	4,051
Total	5,224
Accumulated Depreciation	1,429
Date Acquired	1-Jan-98
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Industrial facilities in Pinconning, MS | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facilities in Pinconning, MS
Emcumbrances	0
Initial Cost	'
Land	32
Building	1,692
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	32
Building	1,692
Total	1,724
Accumulated Depreciation	634
Date Acquired	1-Jan-98
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Industrial facilities in San Fernando, CA | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facilities in San Fernando, CA
Emcumbrances	6,991
Initial Cost	'
Land	2,052
Building	5,322
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	152
Gross Amount at which Carried at Close of Period	'
Land	2,052
Building	5,474
Total	7,526
Accumulated Depreciation	2,043
Date Acquired	1-Jan-98
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Land leased in several cities in the following states: Alabama, Florida, Georgia, Illinois, Louisiana, Missouri, New Mexico, North Carolina, South Carolina, and Texas | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Land leased in several cities in the following states: Alabama, Florida, Georgia, Illinois, Louisiana, Missouri, New Mexico, North Carolina, South Carolina, and Texas
Emcumbrances	139
Initial Cost	'
Land	9,382
Building	0
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	-172
Gross Amount at which Carried at Close of Period	'
Land	9,210
Building	0
Total	9,210
Accumulated Depreciation	0
Date Acquired	1-Jan-98
Life on which depreciation in latest statement of income computed	'0 years 0 months 0 days
Industrial facility in Milton, VT | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facility in Milton, VT
Emcumbrances	0
Initial Cost	'
Land	220
Building	1,579
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	220
Building	1,579
Total	1,799
Accumulated Depreciation	592
Date Acquired	1-Jan-98
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Land in Glendora, CA | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Land in Glendora, CA
Emcumbrances	0
Initial Cost	'
Land	1,135
Building	0
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	17
Gross Amount at which Carried at Close of Period	'
Land	1,152
Building	0
Total	1,152
Accumulated Depreciation	0
Date Acquired	1-Jan-98
Life on which depreciation in latest statement of income computed	'0 years 0 months 0 days
Industrial facility in Doraville, GA | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facility in Doraville, GA
Emcumbrances	4,842
Initial Cost	'
Land	3,288
Building	9,864
Costs Capitalized Subsequent to Acquistion	1,546
Increase (Decrease) in Net Investments	274
Gross Amount at which Carried at Close of Period	'
Land	3,288
Building	11,684
Total	14,972
Accumulated Depreciation	3,887
Date Acquired	1-Jan-98
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Office facilities in Collierville, TN and warehouse/distribution facilities in Corpus Christi and College Station, TX | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facilities in Collierville, TN and warehouse/distribution facilities in Corpus Christi and College Station, TX
Emcumbrances	51,871
Initial Cost	'
Land	3,490
Building	72,497
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	-15,008
Gross Amount at which Carried at Close of Period	'
Land	334
Building	60,645
Total	60,979
Accumulated Depreciation	4,003
Date Acquired	1-Jan-98
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Land in Irving and Houston, TX | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Land in Irving and Houston, TX
Emcumbrances	8,313
Initial Cost	'
Land	9,795
Building	0
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	9,795
Building	0
Total	9,795
Accumulated Depreciation	0
Date Acquired	1-Jan-98
Life on which depreciation in latest statement of income computed	'0 years 0 months 0 days
Industrial facility in Chandler, AZ | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facility in Chandler, AZ
Emcumbrances	12,066
Initial Cost	'
Land	5,035
Building	18,957
Costs Capitalized Subsequent to Acquistion	7,435
Increase (Decrease) in Net Investments	541
Gross Amount at which Carried at Close of Period	'
Land	5,035
Building	26,933
Total	31,968
Accumulated Depreciation	8,959
Date Acquired	1-Jan-98
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Warehouse/distribution facilities in Houston, TX | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Warehouse/distribution facilities in Houston, TX
Emcumbrances	0
Initial Cost	'
Land	167
Building	885
Costs Capitalized Subsequent to Acquistion	73
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	167
Building	958
Total	1,125
Accumulated Depreciation	345
Date Acquired	1-Jan-98
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Office facilities in Bridgeton, MO | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facilities in Bridgeton, MO
Emcumbrances	0
Initial Cost	'
Land	842
Building	4,762
Costs Capitalized Subsequent to Acquistion	1,627
Increase (Decrease) in Net Investments	71
Gross Amount at which Carried at Close of Period	'
Land	842
Building	6,460
Total	7,302
Accumulated Depreciation	1,552
Date Acquired	1-Jan-98
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Industrial facility in Industry, CA | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facility in Industry, CA
Emcumbrances	0
Initial Cost	'
Land	3,789
Building	13,164
Costs Capitalized Subsequent to Acquistion	1,872
Increase (Decrease) in Net Investments	318
Gross Amount at which Carried at Close of Period	'
Land	3,789
Building	15,354
Total	19,143
Accumulated Depreciation	4,608
Date Acquired	1-Jan-98
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Retail stores in Drayton Plains, MI and Citrus Heights, CA | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Retail stores in Drayton Plains, MI and Citrus Heights, CA
Emcumbrances	0
Initial Cost	'
Land	1,039
Building	4,788
Costs Capitalized Subsequent to Acquistion	165
Increase (Decrease) in Net Investments	193
Gross Amount at which Carried at Close of Period	'
Land	1,039
Building	5,146
Total	6,185
Accumulated Depreciation	1,049
Date Acquired	1-Jan-98
Life on which depreciation in latest statement of income computed	'35 years 0 months 0 days
Warehouse/distribution facilities in New Orleans, LA; Memphis, TN; and San Antonio, TX | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Warehouse/distribution facility in Memphis, TN
Emcumbrances	0
Initial Cost	'
Land	1,882
Building	3,973
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	-3,893
Gross Amount at which Carried at Close of Period	'
Land	328
Building	1,634
Total	1,962
Accumulated Depreciation	538
Date Acquired	1-Jan-98
Life on which depreciation in latest statement of income computed	'15 years 0 months 0 days
Retail store in Bellevue, WA | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Retail store in Bellevue, WA
Emcumbrances	8,269
Initial Cost	'
Land	4,125
Building	11,812
Costs Capitalized Subsequent to Acquistion	393
Increase (Decrease) in Net Investments	-123
Gross Amount at which Carried at Close of Period	'
Land	4,371
Building	11,836
Total	16,207
Accumulated Depreciation	4,352
Date Acquired	1-Apr-98
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Office facility in Houston, TX | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facility in Houston, TX
Emcumbrances	0
Initial Cost	'
Land	3,260
Building	22,574
Costs Capitalized Subsequent to Acquistion	1,628
Increase (Decrease) in Net Investments	-23,311
Gross Amount at which Carried at Close of Period	'
Land	211
Building	3,940
Total	4,151
Accumulated Depreciation	2,944
Date Acquired	1-Jun-98
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Office facility in Rio Rancho, NM | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facility in Rio Rancho, NM
Emcumbrances	8,162
Initial Cost	'
Land	1,190
Building	9,353
Costs Capitalized Subsequent to Acquistion	1,504
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	1,467
Building	10,580
Total	12,047
Accumulated Depreciation	3,598
Date Acquired	1-Jul-98
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Vacant office facility in Moorestown, NJ | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Vacant office facility in Moorestown, NJ
Emcumbrances	0
Initial Cost	'
Land	351
Building	5,981
Costs Capitalized Subsequent to Acquistion	943
Increase (Decrease) in Net Investments	43
Gross Amount at which Carried at Close of Period	'
Land	351
Building	6,967
Total	7,318
Accumulated Depreciation	2,890
Date Acquired	1-Feb-99
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Office facility in Norcross, GA | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facility in Norcross, GA
Emcumbrances	28,347
Initial Cost	'
Land	5,200
Building	25,585
Costs Capitalized Subsequent to Acquistion	11,822
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	5,200
Building	37,407
Total	42,607
Accumulated Depreciation	12,327
Date Acquired	1-Jun-99
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Office facility in Tours, France | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facility in Tours, France
Emcumbrances	4,991
Initial Cost	'
Land	1,034
Building	9,737
Costs Capitalized Subsequent to Acquistion	342
Increase (Decrease) in Net Investments	4,169
Gross Amount at which Carried at Close of Period	'
Land	1,451
Building	13,831
Total	15,282
Accumulated Depreciation	4,154
Date Acquired	1-Sep-00
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Office facility in Illkirch, France | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facility in Illkirch, France
Emcumbrances	13,171
Initial Cost	'
Land	0
Building	18,520
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	9,116
Gross Amount at which Carried at Close of Period	'
Land	0
Building	27,636
Total	27,636
Accumulated Depreciation	8,826
Date Acquired	1-Dec-01
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Industrial and warehouse/distribution facilities in Lenexa, KS; Winston-Salem, NC; and Dallas, TX | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial and warehouse/distribution facilities in Lenexa, KS; Winston-Salem, NC; and Dallas, TX
Emcumbrances	0
Initial Cost	'
Land	1,860
Building	12,539
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	5
Gross Amount at which Carried at Close of Period	'
Land	1,860
Building	12,544
Total	14,404
Accumulated Depreciation	3,310
Date Acquired	1-Sep-02
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Office facilities in Playa Vista and Venice, CA | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facilities in Playa Vista and Venice, CA
Emcumbrances	50,306
Initial Cost	'
Land	2,032
Building	10,152
Costs Capitalized Subsequent to Acquistion	52,816
Increase (Decrease) in Net Investments	1
Gross Amount at which Carried at Close of Period	'
Land	5,889
Building	59,112
Total	65,001
Accumulated Depreciation	2,853
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Office facilities in Playa Vista and Venice, CA | Real Estate Under Operating Leases | Minimum	'
Gross Amount at which Carried at Close of Period	'
Date Acquired	1-Sep-04
Office facilities in Playa Vista and Venice, CA | Real Estate Under Operating Leases | Maximum	'
Gross Amount at which Carried at Close of Period	'
Date Acquired	1-Sep-12
Warehouse/distribution facility in Greenfield, IN | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Warehouse/distribution facility in Greenfield, IN
Emcumbrances	0
Initial Cost	'
Land	2,807
Building	10,335
Costs Capitalized Subsequent to Acquistion	223
Increase (Decrease) in Net Investments	-8,383
Gross Amount at which Carried at Close of Period	'
Land	967
Building	4,015
Total	4,982
Accumulated Depreciation	853
Date Acquired	1-Sep-04
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Warehouse/distribution facilities in Birmingham, AL | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Warehouse/distribution facilities in Birmingham, AL
Emcumbrances	4,425
Initial Cost	'
Land	1,256
Building	7,704
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	1,256
Building	7,704
Total	8,960
Accumulated Depreciation	1,597
Date Acquired	1-Sep-04
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Industrial facility in Scottsdale, AZ | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facility in Scottsdale, AZ
Emcumbrances	1,229
Initial Cost	'
Land	586
Building	46
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	586
Building	46
Total	632
Accumulated Depreciation	10
Date Acquired	1-Sep-04
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Retail store in Hot Springs, AR | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Retail store in Hot Springs, AR
Emcumbrances	0
Initial Cost	'
Land	850
Building	2,939
Costs Capitalized Subsequent to Acquistion	2
Increase (Decrease) in Net Investments	-2,614
Gross Amount at which Carried at Close of Period	'
Land	0
Building	1,177
Total	1,177
Accumulated Depreciation	245
Date Acquired	1-Sep-04
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Industrial facilities in Apopka, FL | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facilities in Apopka, FL
Emcumbrances	0
Initial Cost	'
Land	362
Building	10,855
Costs Capitalized Subsequent to Acquistion	569
Increase (Decrease) in Net Investments	-155
Gross Amount at which Carried at Close of Period	'
Land	337
Building	11,294
Total	11,631
Accumulated Depreciation	2,287
Date Acquired	1-Sep-04
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Land in San Leandro, CA | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Land in San Leandro, CA
Emcumbrances	0
Initial Cost	'
Land	1,532
Building	0
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	1,532
Building	0
Total	1,532
Accumulated Depreciation	-1
Date Acquired	1-Dec-06
Life on which depreciation in latest statement of income computed	'0 years 0 months 0 days
Industrial facility in Sunnyvale, CA | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facility in Sunnyvale, CA
Emcumbrances	0
Initial Cost	'
Land	1,663
Building	3,571
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	1,663
Building	3,571
Total	5,234
Accumulated Depreciation	803
Date Acquired	1-Dec-06
Life on which depreciation in latest statement of income computed	'27 years 0 months 0 days
Fitness and recreational sports center in Austin, TX | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Fitness and recreational sports center in Austin, TX
Emcumbrances	3,165
Initial Cost	'
Land	1,725
Building	5,168
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	1,725
Building	5,168
Total	6,893
Accumulated Depreciation	1,103
Date Acquired	1-Dec-06
Life on which depreciation in latest statement of income computed	'28 years 6 months 0 days
Retail store in Wroclaw, Poland | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Retail store in Wroclaw, Poland
Emcumbrances	8,309
Initial Cost	'
Land	3,600
Building	10,306
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	-1,958
Gross Amount at which Carried at Close of Period	'
Land	3,305
Building	8,643
Total	11,948
Accumulated Depreciation	1,093
Date Acquired	1-Dec-07
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Office facility in Fort Worth, TX | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facility in Fort Worth, TX
Emcumbrances	33,631
Initial Cost	'
Land	4,600
Building	37,580
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	4,600
Building	37,580
Total	42,180
Accumulated Depreciation	2,740
Date Acquired	1-Feb-10
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Warehouse/distribution facility in Mallorca, Spain | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Warehouse/distribution facility in Mallorca, Spain
Emcumbrances	0
Initial Cost	'
Land	11,109
Building	12,636
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	2,212
Gross Amount at which Carried at Close of Period	'
Land	12,161
Building	13,796
Total	25,957
Accumulated Depreciation	891
Date Acquired	1-Jun-10
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Industrial and office facilities in San Diego, CA | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial and office facilities in San Diego, CA
Emcumbrances	33,527
Initial Cost	'
Land	7,247
Building	29,098
Costs Capitalized Subsequent to Acquistion	967
Increase (Decrease) in Net Investments	-5,514
Gross Amount at which Carried at Close of Period	'
Land	4,762
Building	27,036
Total	31,798
Accumulated Depreciation	1,982
Date Acquired	1-May-11
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Retail stores in Florence, AL; Snellville, GA; Concord, NC; Rockport, TX; and Virginia Beach, VA | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Retail stores in Florence, AL; Snellville, GA; Concord, NC; Rockport, TX; and Virginia Beach, VA
Emcumbrances	22,000
Initial Cost	'
Land	5,646
Building	12,367
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	5,646
Building	12,367
Total	18,013
Accumulated Depreciation	109
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Hospitality facilities in Irvine, Sacramento, and San Diego, CA; Orlando, FL; Des Plaines, IL; Indianapolis, IN; Louisville, KY; Linthicum Heights, MD; Newark, NJ; Albuquerque, NM; and Spokane, WA | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Hospitality facilities in Irvine, Sacramento, and San Diego, CA; Orlando, FL; Des Plaines, IL; Indianapolis, IN; Louisville, KY; Linthicum Heights, MD; Newark, NJ; Albuquerque, NM; and Spokane, WA
Emcumbrances	140,000
Initial Cost	'
Land	32,680
Building	198,999
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	32,680
Building	198,999
Total	231,679
Accumulated Depreciation	1,369
Date Acquired	1-Sep-12
Hospitality facilities in Irvine, Sacramento, and San Diego, CA; Orlando, FL; Des Plaines, IL; Indianapolis, IN; Louisville, KY; Linthicum Heights, MD; Newark, NJ; Albuquerque, NM; and Spokane, WA | Real Estate Under Operating Leases | Minimum	'
Gross Amount at which Carried at Close of Period	'
Life on which depreciation in latest statement of income computed	'34 years 0 months 0 days
Hospitality facilities in Irvine, Sacramento, and San Diego, CA; Orlando, FL; Des Plaines, IL; Indianapolis, IN; Louisville, KY; Linthicum Heights, MD; Newark, NJ; Albuquerque, NM; and Spokane, WA | Real Estate Under Operating Leases | Maximum	'
Gross Amount at which Carried at Close of Period	'
Life on which depreciation in latest statement of income computed	'37 years 0 months 0 days
Industrial facilities in Bluffton, OH; Auburn, IN; and Milan, TN | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facilities in Bluffton, OH; Auburn, IN; and Milan, TN
Emcumbrances	0
Initial Cost	'
Land	2,564
Building	6,998
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	2,564
Building	6,998
Total	9,562
Accumulated Depreciation	58
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'30 years 0 months 0 days
Land in Irvine, CA | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Land in Irvine, CA
Emcumbrances	1,666
Initial Cost	'
Land	4,173
Building	0
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	4,173
Building	0
Total	4,173
Accumulated Depreciation	0
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'0 years 0 months 0 days
Office facility in Alpharetta, GA | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facility in Alpharetta, GA
Emcumbrances	7,699
Initial Cost	'
Land	2,198
Building	6,349
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	2,198
Building	6,349
Total	8,547
Accumulated Depreciation	53
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'30 years 0 months 0 days
Office facility in Clinton, NJ | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facility in Clinton, NJ
Emcumbrances	25,714
Initial Cost	'
Land	2,866
Building	34,834
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	2,866
Building	34,834
Total	37,700
Accumulated Depreciation	290
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'30 years 0 months 0 days
Office facilities in St. Petersburg, FL | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facilities in St. Petersburg, FL
Emcumbrances	18,481
Initial Cost	'
Land	3,280
Building	24,627
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	3,280
Building	24,627
Total	27,907
Accumulated Depreciation	205
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'30 years 0 months 0 days
Movie theatre in Baton Rouge, LA | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Movie theatre in Baton Rouge, LA
Emcumbrances	10,025
Initial Cost	'
Land	4,168
Building	5,724
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	4,168
Building	5,724
Total	9,892
Accumulated Depreciation	48
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'30 years 0 months 0 days
Office facilities in San Diego, CA | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facilities in San Diego, CA
Emcumbrances	17,470
Initial Cost	'
Land	7,804
Building	16,729
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	7,804
Building	16,729
Total	24,533
Accumulated Depreciation	139
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'30 years 0 months 0 days
Industrial facilities in Richmond, CA | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facilities in Richmond, CA
Emcumbrances	0
Initial Cost	'
Land	895
Building	1,953
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	895
Building	1,953
Total	2,848
Accumulated Depreciation	16
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'30 years 0 months 0 days
Warehouse/distribution and industrial facilities in Kingman, AZ; Woodland, CA; Jonesboro, GA; Kansas City, MO; Springfield, OR; Fogelsville, PA; and Corsicana, TX | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Warehouse/distribution and industrial facilities in Kingman, AZ; Woodland, CA; Jonesboro, GA; Kansas City, MO; Springfield, OR; Fogelsville, PA; and Corsicana, TX
Emcumbrances	64,836
Initial Cost	'
Land	16,386
Building	84,668
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	16,386
Building	84,668
Total	101,054
Accumulated Depreciation	700
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'30 years 0 months 0 days
Warehouse/distribution facilities in Lens, Nimes, Colomiers, Thuit Hebert, Ploufragen, and Cholet, France | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Warehouse/distribution facilities in Lens, Nimes, Colomiers, Thuit Hebert, Ploufragen, and Cholet, France
Emcumbrances	94,059
Initial Cost	'
Land	15,779
Building	89,421
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	2,929
Gross Amount at which Carried at Close of Period	'
Land	16,219
Building	91,910
Total	108,129
Accumulated Depreciation	764
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'30 years 0 months 0 days
Warehouse/distribution facilities in Orlando, FL; Macon, GA; Rocky Mount, NC, and Lewisville, TX | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Warehouse/distribution facilities in Orlando, FL; Macon, GA; Rocky Mount, NC, and Lewisville, TX
Emcumbrances	14,645
Initial Cost	'
Land	2,163
Building	17,715
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	2,163
Building	17,715
Total	19,878
Accumulated Depreciation	148
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'30 years 0 months 0 days
Fitness and recreational sports center in Newton, MA | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Fitness and recreational sports center in Newton, MA
Emcumbrances	7,655
Initial Cost	'
Land	1,897
Building	11,451
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	1,897
Building	11,451
Total	13,348
Accumulated Depreciation	94
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'30 years 0 months 0 days
Industrial facilities in Chattanooga, TN | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facilities in Chattanooga, TN
Emcumbrances	0
Initial Cost	'
Land	558
Building	5,923
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	558
Building	5,923
Total	6,481
Accumulated Depreciation	49
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'30 years 0 months 0 days
Industrial facilities in Mooresville, NC | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facilities in Mooresville, NC
Emcumbrances	6,512
Initial Cost	'
Land	756
Building	9,775
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	756
Building	9,775
Total	10,531
Accumulated Depreciation	80
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'30 years 0 months 0 days
Industrial facility in MaCalla, AL | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facility in MaCalla, AL
Emcumbrances	6,307
Initial Cost	'
Land	960
Building	14,472
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	960
Building	14,472
Total	15,432
Accumulated Depreciation	115
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'31 years 0 months 0 days
Office facility in Lower Makefield Township, PA | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facility in Lower Makefield Township, PA
Emcumbrances	10,874
Initial Cost	'
Land	1,726
Building	12,781
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	1,726
Building	12,781
Total	14,507
Accumulated Depreciation	105
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'30 years 0 months 0 days
Industrial facility in Fort Smith, AZ | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facility in Fort Smith, AZ
Emcumbrances	0
Initial Cost	'
Land	1,063
Building	6,159
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	1,063
Building	6,159
Total	7,222
Accumulated Depreciation	50
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'30 years 0 months 0 days
Retail facilities in Greenwood, IN and Buffalo, NY | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Retail facilities in Greenwood, IN and Buffalo, NY
Emcumbrances	8,893
Initial Cost	'
Land	0
Building	19,990
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	0
Building	19,990
Total	19,990
Accumulated Depreciation	161
Date Acquired	1-Sep-12
Retail facilities in Greenwood, IN and Buffalo, NY | Real Estate Under Operating Leases | Minimum	'
Gross Amount at which Carried at Close of Period	'
Life on which depreciation in latest statement of income computed	'30 years 0 months 0 days
Retail facilities in Greenwood, IN and Buffalo, NY | Real Estate Under Operating Leases | Maximum	'
Gross Amount at which Carried at Close of Period	'
Life on which depreciation in latest statement of income computed	'31 years 0 months 0 days
Industrial facilities in Bowling Green, KY and Jackson, TN | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facilities in Bowling Green, KY and Jackson, TN
Emcumbrances	7,436
Initial Cost	'
Land	1,492
Building	8,182
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	1,492
Building	8,182
Total	9,674
Accumulated Depreciation	66
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'31 years 0 months 0 days
Industrial facilities in Mattoon, IL; Holyoke, MA; and Morristown, TN and a warehouse/distribution facility in Westfield, MA | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facilities in Mattoon, IL; Holyoke, MA; and Morristown, TN and a warehouse/distribution facility in Westfield, MA
Emcumbrances	5,245
Initial Cost	'
Land	1,891
Building	11,064
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	1,891
Building	11,064
Total	12,955
Accumulated Depreciation	90
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'31 years 0 months 0 days
Industrial facility in Rancho Cucamonga, CA and educational facilities in Glendale Heights, IL; Exton, PA; and Avondale, AZ | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facility in Rancho Cucamonga, CA and educational facilities in Glendale Heights, IL; Exton, PA; and Avondale, AZ
Emcumbrances	37,911
Initial Cost	'
Land	14,006
Building	33,683
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	14,006
Building	33,683
Total	47,689
Accumulated Depreciation	263
Date Acquired	1-Sep-12
Industrial facility in Rancho Cucamonga, CA and educational facilities in Glendale Heights, IL; Exton, PA; and Avondale, AZ | Real Estate Under Operating Leases | Minimum	'
Gross Amount at which Carried at Close of Period	'
Life on which depreciation in latest statement of income computed	'31 years 0 months 0 days
Industrial facility in Rancho Cucamonga, CA and educational facilities in Glendale Heights, IL; Exton, PA; and Avondale, AZ | Real Estate Under Operating Leases | Maximum	'
Gross Amount at which Carried at Close of Period	'
Life on which depreciation in latest statement of income computed	'32 years 0 months 0 days
Sports facilities in Rochester Hills and Canton, MI | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Sports facilities in Rochester Hills and Canton, MI
Emcumbrances	22,160
Initial Cost	'
Land	5,447
Building	9,988
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	5,447
Building	9,988
Total	15,435
Accumulated Depreciation	81
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'31 years 0 months 0 days
Industrial facilities in St. Petersburg, FL; Buffalo Grove, IL; West Lafayette, IN; Excelsior Springs, MO; and North Versailles, PA | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facilities in St. Petersburg, FL; Buffalo Grove, IL; West Lafayette, IN; Excelsior Springs, MO; and North Versailles, PA
Emcumbrances	12,860
Initial Cost	'
Land	6,559
Building	19,078
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	6,559
Building	19,078
Total	25,637
Accumulated Depreciation	153
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'31 years 0 months 0 days
Industrial facilities in Tolleson, AZ; Alsip, IL; and Solvay, NY | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facilities in Tolleson, AZ; Alsip, IL; and Solvay, NY
Emcumbrances	15,164
Initial Cost	'
Land	6,080
Building	23,424
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	6,080
Building	23,424
Total	29,504
Accumulated Depreciation	187
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'31 years 0 months 0 days
Land in Kahl, Germany | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Land in Kahl, Germany
Emcumbrances	10,573
Initial Cost	'
Land	6,694
Building	0
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	186
Gross Amount at which Carried at Close of Period	'
Land	6,880
Building	0
Total	6,880
Accumulated Depreciation	0
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'0 years 0 months 0 days
Land in Memphis, TN and sports facilities in Bedford, TX and Englewood, CO | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Land in Memphis, TN and sports facilities in Bedford, TX and Englewood, CO
Emcumbrances	8,050
Initial Cost	'
Land	4,877
Building	4,258
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	4,877
Building	4,258
Total	9,135
Accumulated Depreciation	34
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'31 years 0 months 0 days
Office facilities in Brussels, Belgium | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facilities in Brussels, Belgium
Emcumbrances	11,094
Initial Cost	'
Land	1,505
Building	6,026
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	210
Gross Amount at which Carried at Close of Period	'
Land	1,547
Building	6,194
Total	7,741
Accumulated Depreciation	48
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'32 years 0 months 0 days
Warehouse/distribution facilities in Oceanside, CA and Concordville, PA | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Warehouse/distribution facilities in Oceanside, CA and Concordville, PA
Emcumbrances	4,506
Initial Cost	'
Land	3,333
Building	8,270
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	3,333
Building	8,270
Total	11,603
Accumulated Depreciation	66
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'31 years 0 months 0 days
Office facility in Peachtree City, GA | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facility in Peachtree City, GA
Emcumbrances	3,962
Initial Cost	'
Land	1,205
Building	5,907
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	1,205
Building	5,907
Total	7,112
Accumulated Depreciation	47
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'31 years 0 months 0 days
Self-storage and trucking facilities in numerous locations throughout the U.S. | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Self-storage and trucking facilities in numerous locations throughout the U.S.
Emcumbrances	154,658
Initial Cost	'
Land	74,551
Building	319,186
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	74,551
Building	319,186
Total	393,737
Accumulated Depreciation	2,527
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'31 years 0 months 0 days
Warehouse/distribution facility in La Vista, NE | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Warehouse/distribution facility in La Vista, NE
Emcumbrances	22,340
Initial Cost	'
Land	4,196
Building	23,148
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	4,196
Building	23,148
Total	27,344
Accumulated Depreciation	173
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'33 years 0 months 0 days
Office facility in Pleasanton, CA | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facility in Pleasanton, CA
Emcumbrances	12,861
Initial Cost	'
Land	3,675
Building	7,468
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	3,675
Building	7,468
Total	11,143
Accumulated Depreciation	59
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'31 years 0 months 0 days
Office facility in San Marcos, TX | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facility in San Marcos, TX
Emcumbrances	0
Initial Cost	'
Land	440
Building	688
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	440
Building	688
Total	1,128
Accumulated Depreciation	5
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'31 years 0 months 0 days
Office facilities in Espoo, Finland | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facilities in Espoo, Finland
Emcumbrances	58,910
Initial Cost	'
Land	40,555
Building	15,662
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	1,565
Gross Amount at which Carried at Close of Period	'
Land	41,684
Building	16,098
Total	57,782
Accumulated Depreciation	127
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'31 years 0 months 0 days
Office facility in Conflans, France | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facility in Conflans, France
Emcumbrances	20,378
Initial Cost	'
Land	7,208
Building	11,333
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	516
Gross Amount at which Carried at Close of Period	'
Land	7,409
Building	11,648
Total	19,057
Accumulated Depreciation	91
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'31 years 0 months 0 days
Office facilities in Chicago, IL | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facilities in Chicago, IL
Emcumbrances	15,499
Initial Cost	'
Land	2,169
Building	19,010
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	2,169
Building	19,010
Total	21,179
Accumulated Depreciation	149
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'31 years 0 months 0 days
Industrial facility in Louisville, CO | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facility in Louisville, CO
Emcumbrances	10,417
Initial Cost	'
Land	5,342
Building	8,786
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	5,342
Building	8,786
Total	14,128
Accumulated Depreciation	69
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'31 years 0 months 0 days
Industrial facilities in Hollywood and Orlando, FL | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facilities in Hollywood and Orlando, FL
Emcumbrances	0
Initial Cost	'
Land	3,639
Building	1,269
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	3,639
Building	1,269
Total	4,908
Accumulated Depreciation	10
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'31 years 0 months 0 days
Industrial facility in Golden, CO | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facility in Golden, CO
Emcumbrances	0
Initial Cost	'
Land	808
Building	4,304
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	808
Building	4,304
Total	5,112
Accumulated Depreciation	36
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'30 years 0 months 0 days
Industrial facilities in Texarkana, TX and Orem, UT | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facilities in Texarkana, TX and Orem, UT
Emcumbrances	2,699
Initial Cost	'
Land	1,755
Building	4,493
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	1,755
Building	4,493
Total	6,248
Accumulated Depreciation	35
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'31 years 0 months 0 days
Industrial facility in Eugene, OR | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facility in Eugene, OR
Emcumbrances	4,724
Initial Cost	'
Land	2,286
Building	3,783
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	2,286
Building	3,783
Total	6,069
Accumulated Depreciation	30
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'31 years 0 months 0 days
Industrial facility in Neenah, WI | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facility in Neenah, WI
Emcumbrances	4,869
Initial Cost	'
Land	438
Building	4,954
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	438
Building	4,954
Total	5,392
Accumulated Depreciation	39
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'31 years 0 months 0 days
Industrial facility in South Jordan, UT | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facility in South Jordan, UT
Emcumbrances	13,075
Initial Cost	'
Land	2,183
Building	11,340
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	2,183
Building	11,340
Total	13,523
Accumulated Depreciation	89
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'31 years 0 months 0 days
Warehouse/distribution facility in Ennis, TX | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Warehouse/distribution facility in Ennis, TX
Emcumbrances	2,609
Initial Cost	'
Land	478
Building	4,087
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	478
Building	4,087
Total	4,565
Accumulated Depreciation	32
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'31 years 0 months 0 days
Childcare facilities in Chandler and Tucson, AZ; Alhambra, Chino, Garden Grove, and Tustin, CA; Naperville, IL; Westland and Canton, MI; and Carrollton, Duncansville, and Lewisville, TX | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Childcare facilities in Chandler and Tucson, AZ; Alhambra, Chino, Garden Grove, and Tustin, CA; Westland and Canton, MI; and Carrollton, Duncansville, and Lewisville, TX
Emcumbrances	0
Initial Cost	'
Land	6,343
Building	379
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	-1,384
Gross Amount at which Carried at Close of Period	'
Land	5,338
Building	0
Total	5,338
Accumulated Depreciation	0
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'0 years 0 months 0 days
Retail facility in Oklahoma City, OK | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Retail facility in Oklahoma City, OK
Emcumbrances	5,759
Initial Cost	'
Land	1,246
Building	4,771
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	1,246
Building	4,771
Total	6,017
Accumulated Depreciation	37
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'32 years 0 months 0 days
Land in Farmington, CT and Braintree, MA | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Land in Farmington, CT and Braintree, MA
Emcumbrances	490
Initial Cost	'
Land	2,409
Building	0
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	2,409
Building	0
Total	2,409
Accumulated Depreciation	0
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'0 years 0 months 0 days
Office facilities in Helsinki, Finland | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facilities in Helsinki, Finland
Emcumbrances	58,917
Initial Cost	'
Land	26,560
Building	20,735
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	1,316
Gross Amount at which Carried at Close of Period	'
Land	27,299
Building	21,312
Total	48,611
Accumulated Depreciation	165
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'32 years 0 months 0 days
Office facility in Paris, France | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facility in Paris, France
Emcumbrances	73,391
Initial Cost	'
Land	23,387
Building	43,450
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	1,860
Gross Amount at which Carried at Close of Period	'
Land	24,038
Building	44,659
Total	68,697
Accumulated Depreciation	341
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'32 years 0 months 0 days
Retail facilities in Bydgoszcz, Czestochowa, Jablonna, Katowice, Kielce, Lodz, Lubin, Olsztyn, Opole, Plock, Walbrzych, Warsaw, and Warszawa, Poland | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Retail facilities in Bydgoszcz, Czestochowa, Jablonna, Katowice, Kielce, Lodz, Lubin, Olsztyn, Opole, Plock, Walbrzych, Warsaw, and Warszawa, Poland
Emcumbrances	148,643
Initial Cost	'
Land	26,564
Building	72,866
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	2,768
Gross Amount at which Carried at Close of Period	'
Land	27,303
Building	74,895
Total	102,198
Accumulated Depreciation	785
Date Acquired	1-Sep-12
Retail facilities in Bydgoszcz, Czestochowa, Jablonna, Katowice, Kielce, Lodz, Lubin, Olsztyn, Opole, Plock, Walbrzych, Warsaw, and Warszawa, Poland | Real Estate Under Operating Leases | Minimum	'
Gross Amount at which Carried at Close of Period	'
Life on which depreciation in latest statement of income computed	'23 years 0 months 0 days
Retail facilities in Bydgoszcz, Czestochowa, Jablonna, Katowice, Kielce, Lodz, Lubin, Olsztyn, Opole, Plock, Walbrzych, Warsaw, and Warszawa, Poland | Real Estate Under Operating Leases | Maximum	'
Gross Amount at which Carried at Close of Period	'
Life on which depreciation in latest statement of income computed	'34 years 0 months 0 days
Office facility in Laupheim, Germany | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facility in Laupheim, Germany
Emcumbrances	0
Initial Cost	'
Land	2,072
Building	8,339
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	290
Gross Amount at which Carried at Close of Period	'
Land	2,130
Building	8,571
Total	10,701
Accumulated Depreciation	107
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'20 years 0 months 0 days
Industrial facilities in Danbury, CT and Bedford, MA | Real Estate Under Operating Leases	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facilities in Danbury, CT and Bedford, MA
Emcumbrances	12,973
Initial Cost	'
Land	3,519
Building	16,329
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	3,519
Building	16,329
Total	19,848
Accumulated Depreciation	136
Date Acquired	1-Sep-12
Life on which depreciation in latest statement of income computed	'29 years 0 months 0 days
Retail stores in several cities in the following states: Alabama, Florida, Georgia, Illinois, Louisiana, Missouri, New Mexico, North Carolina, South Carolina, and Texas | Direct Financing Lease	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Retail stores in several cities in the following states: Alabama, Florida, Georgia, Illinois, Louisiana, Missouri, New Mexico, North Carolina, South Carolina, and Texas
Emcumbrances	199
Initial Cost	'
Land	0
Building	16,416
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	-384
Gross Amount at which Carried at Close of Period	'
Total	16,032
Date Acquired	1-Jan-98
Office and industrial facilities in Glendora, CA and Romulus, MI | Direct Financing Lease	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office and industrial facilities in Glendora, CA and Romulus, MI
Emcumbrances	0
Initial Cost	'
Land	454
Building	13,251
Costs Capitalized Subsequent to Acquistion	9
Increase (Decrease) in Net Investments	-2,437
Gross Amount at which Carried at Close of Period	'
Total	11,277
Date Acquired	1-Jan-98
Industrial facilities in Thurmont, MD and Farmington, NY | Direct Financing Lease	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facilities in Thurmont, MD and Farmington, NY
Emcumbrances	0
Initial Cost	'
Land	729
Building	6,093
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	-158
Gross Amount at which Carried at Close of Period	'
Total	6,664
Date Acquired	1-Jan-98
Industrial facilities in Irving and Houston, TX | Direct Financing Lease	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facilities in Irving and Houston, TX
Emcumbrances	20,118
Initial Cost	'
Land	0
Building	27,599
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	-3,897
Gross Amount at which Carried at Close of Period	'
Total	23,702
Date Acquired	1-Jan-98
Retail facilities in Farmington, CT and Braintree, MA | Direct Financing Lease	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Retail facilities in Farmington, CT and Braintree, MA
Emcumbrances	3,010
Initial Cost	'
Land	0
Building	8,761
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Total	8,761
Date Acquired	1-Sep-12
Education facilities in Chandler and Tucson, AZ; Alhambra, Chino, Garden Grove, and Tustin, CA; Naperville, IL; Westland and Canton, MI; and Carrollton, Duncansville, and Lewisville, TX | Direct Financing Lease	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Education facilities in Chandler and Tucson, AZ; Alhambra, Chino, Garden Grove, and Tustin, CA; Naperville, IL; Westland and Canton, MI; and Carrollton, Duncansville, and Lewisville, TX
Emcumbrances	0
Initial Cost	'
Land	0
Building	7,840
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Total	7,840
Date Acquired	1-Sep-12
Industrial facility in Owingsville, KY | Direct Financing Lease	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facility in Owingsville, KY
Emcumbrances	113
Initial Cost	'
Land	309
Building	5,741
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	-88
Gross Amount at which Carried at Close of Period	'
Total	5,962
Date Acquired	1-Sep-12
Retail facility in Freehold, NJ | Direct Financing Lease	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Retail facility in Freehold, NJ
Emcumbrances	6,515
Initial Cost	'
Land	0
Building	17,067
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	-12
Gross Amount at which Carried at Close of Period	'
Total	17,055
Date Acquired	1-Sep-12
Office facilities in Corpus Christi, Odessa, San Marcos, and Waco, TX | Direct Financing Lease	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facilities in Corpus Christi, Odessa, San Marcos, and Waco, TX
Emcumbrances	5,313
Initial Cost	'
Land	2,089
Building	14,211
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	-102
Gross Amount at which Carried at Close of Period	'
Total	16,198
Date Acquired	1-Sep-12
Retail facilities in Osnabruck, Borken, Bunde, Arnstadt, Dorsten, Duisburg, Freiberg, Leimbach-Kaiserro, Monheim, Oberhausen, Rodewisch, Sankt Augustin, Schmalkalden, Stendal, Wuppertal, and Monheim, Germany | Direct Financing Lease	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Retail facilities in Osnabruck, Borken, Bunde, Arnstadt, Dorsten, Duisburg, Freiberg, Leimbach-Kaiserro, Monheim, Oberhausen, Rodewisch, Sankt Augustin, Schmalkalden, Stendal, Wuppertal, and Monheim, Germany
Emcumbrances	87,982
Initial Cost	'
Land	28,734
Building	145,854
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	4,837
Gross Amount at which Carried at Close of Period	'
Total	179,425
Date Acquired	1-Sep-12
Warehouse/distribution facility in Birmingham, United Kingdom | Direct Financing Lease	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Warehouse/distribution facility in Birmingham, United Kingdom
Emcumbrances	10,903
Initial Cost	'
Land	2,147
Building	12,357
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	117
Gross Amount at which Carried at Close of Period	'
Total	14,621
Date Acquired	1-Sep-12
Warehouse/distribution facilities in Mesquite, TX | Direct Financing Lease	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Warehouse/distribution facilities in Mesquite, TX
Emcumbrances	6,905
Initial Cost	'
Land	2,851
Building	15,899
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	-38
Gross Amount at which Carried at Close of Period	'
Total	18,712
Date Acquired	1-Sep-12
Industrial facility in Rochester, MN | Direct Financing Lease	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facility in Rochester, MN
Emcumbrances	5,211
Initial Cost	'
Land	881
Building	17,039
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	39
Gross Amount at which Carried at Close of Period	'
Total	17,959
Date Acquired	1-Sep-12
Office facility in Irvine, CA | Direct Financing Lease	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Office facility in Irvine, CA
Emcumbrances	6,792
Initial Cost	'
Land	0
Building	17,027
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	-19
Gross Amount at which Carried at Close of Period	'
Total	17,008
Date Acquired	1-Sep-12
Sports facility in Memphis, TN | Direct Financing Lease	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Sports facility in Memphis, TN
Emcumbrances	1,890
Initial Cost	'
Land	0
Building	4,823
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	-33
Gross Amount at which Carried at Close of Period	'
Total	4,790
Date Acquired	1-Sep-12
Industrial facility in Brownwood, TX | Direct Financing Lease	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Industrial facility in Brownwood, TX
Emcumbrances	0
Initial Cost	'
Land	722
Building	6,268
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Total	6,990
Date Acquired	1-Sep-12
Education facility in Glendale Heights, IL | Direct Financing Lease	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Education facility in Glendale Heights, IL
Emcumbrances	0
Initial Cost	'
Land	0
Building	3,009
Costs Capitalized Subsequent to Acquistion	0
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Total	3,009
Date Acquired	1-Sep-12
Hotel in Livonia, MI | Operating real estate	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Hotel in Livonia, MI
Emcumbrances	0
Initial Cost	'
Land	2,765
Building	11,087
Personal Property	3,816
Costs Capitalized Subsequent to Acquistion	18,733
Increase (Decrease) in Net Investments	-20,440
Gross Amount at which Carried at Close of Period	'
Land	892
Building	5,556
Personal Property	9,513
Total	15,961
Accumulated Depreciation	10,961
Date Acquired	1-Jan-98
Hotel in Livonia, MI | Operating real estate | Minimum	'
Gross Amount at which Carried at Close of Period	'
Life on which depreciation in latest statement of income computed	'7 years 0 months 0 days
Hotel in Livonia, MI | Operating real estate | Maximum	'
Gross Amount at which Carried at Close of Period	'
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Self-storage facilities in Taunton, North Andover, North Billerica, and Brockton, MA | Operating real estate	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Self-storage facilities in Taunton, North Andover, North Billerica, and Brockton, MA
Emcumbrances	9,532
Initial Cost	'
Land	4,300
Building	12,274
Personal Property	0
Costs Capitalized Subsequent to Acquistion	254
Increase (Decrease) in Net Investments	-478
Gross Amount at which Carried at Close of Period	'
Land	4,300
Building	12,050
Personal Property	0
Total	16,350
Accumulated Depreciation	2,036
Date Acquired	1-Dec-06
Self-storage facilities in Taunton, North Andover, North Billerica, and Brockton, MA | Operating real estate | Minimum	'
Gross Amount at which Carried at Close of Period	'
Life on which depreciation in latest statement of income computed	'25 years 0 months 0 days
Self-storage facilities in Taunton, North Andover, North Billerica, and Brockton, MA | Operating real estate | Maximum	'
Gross Amount at which Carried at Close of Period	'
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Self-storage facility in Newington, CT | Operating real estate	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Self-storage facility in Newington, CT
Emcumbrances	2,073
Initial Cost	'
Land	520
Building	2,973
Personal Property	0
Costs Capitalized Subsequent to Acquistion	241
Increase (Decrease) in Net Investments	-121
Gross Amount at which Carried at Close of Period	'
Land	520
Building	3,093
Personal Property	0
Total	3,613
Accumulated Depreciation	468
Date Acquired	1-Dec-06
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Self-storage facility in Killeen, TX | Operating real estate	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Self-storage facility in Killeen, TX
Emcumbrances	3,226
Initial Cost	'
Land	1,230
Building	3,821
Personal Property	0
Costs Capitalized Subsequent to Acquistion	339
Increase (Decrease) in Net Investments	-179
Gross Amount at which Carried at Close of Period	'
Land	1,230
Building	3,981
Personal Property	0
Total	5,211
Accumulated Depreciation	648
Date Acquired	1-Dec-06
Life on which depreciation in latest statement of income computed	'30 years 0 months 0 days
Self-storage facility in Rohnert Park, CA | Operating real estate	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Self-storage facility in Rohnert Park, CA
Emcumbrances	3,108
Initial Cost	'
Land	1,761
Building	4,989
Personal Property	0
Costs Capitalized Subsequent to Acquistion	40
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	1,761
Building	5,029
Personal Property	0
Total	6,790
Accumulated Depreciation	748
Date Acquired	1-Jan-07
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Self-storage facility in Fort Worth, TX | Operating real estate	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Self-storage facility in Fort Worth, TX
Emcumbrances	2,150
Initial Cost	'
Land	1,030
Building	4,176
Personal Property	0
Costs Capitalized Subsequent to Acquistion	33
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	1,030
Building	4,209
Personal Property	0
Total	5,239
Accumulated Depreciation	626
Date Acquired	1-Jan-07
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Self-storage facility in Augusta, GA | Operating real estate	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Self-storage facility in Augusta, GA
Emcumbrances	1,876
Initial Cost	'
Land	970
Building	2,442
Personal Property	0
Costs Capitalized Subsequent to Acquistion	48
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	970
Building	2,490
Personal Property	0
Total	3,460
Accumulated Depreciation	367
Date Acquired	1-Feb-07
Life on which depreciation in latest statement of income computed	'39 years 0 months 0 days
Self-storage facility in Garland, TX | Operating real estate	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Self-storage facility in Garland, TX
Emcumbrances	1,435
Initial Cost	'
Land	880
Building	3,104
Personal Property	0
Costs Capitalized Subsequent to Acquistion	57
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	880
Building	3,161
Personal Property	0
Total	4,041
Accumulated Depreciation	461
Date Acquired	1-Feb-07
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Self-storage facility in Lawrenceville, GA | Operating real estate	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Self-storage facility in Lawrenceville, GA
Emcumbrances	2,314
Initial Cost	'
Land	1,410
Building	4,477
Personal Property	0
Costs Capitalized Subsequent to Acquistion	82
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	1,411
Building	4,558
Personal Property	0
Total	5,969
Accumulated Depreciation	717
Date Acquired	1-Mar-07
Life on which depreciation in latest statement of income computed	'37 years 0 months 0 days
Self-storage facility in Fairfield, OH | Operating real estate	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Self-storage facility in Fairfield, OH
Emcumbrances	1,824
Initial Cost	'
Land	540
Building	2,640
Personal Property	0
Costs Capitalized Subsequent to Acquistion	19
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	540
Building	2,659
Personal Property	0
Total	3,199
Accumulated Depreciation	508
Date Acquired	1-Apr-07
Life on which depreciation in latest statement of income computed	'30 years 0 months 0 days
Self-storage facility in Tallahassee, FL | Operating real estate	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Self-storage facility in Tallahassee, FL
Emcumbrances	3,629
Initial Cost	'
Land	850
Building	5,736
Personal Property	0
Costs Capitalized Subsequent to Acquistion	7
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	850
Building	5,743
Personal Property	0
Total	6,593
Accumulated Depreciation	809
Date Acquired	1-Apr-07
Life on which depreciation in latest statement of income computed	'40 years 0 months 0 days
Self-storage facility in Lincolnshire, IL | Operating real estate	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Self-storage facility in Lincolnshire, IL
Emcumbrances	1,955
Initial Cost	'
Land	1,477
Building	1,519
Personal Property	0
Costs Capitalized Subsequent to Acquistion	96
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	1,477
Building	1,615
Personal Property	0
Total	3,092
Accumulated Depreciation	220
Date Acquired	1-Jul-10
Life on which depreciation in latest statement of income computed	'18 years 0 months 0 days
Self-storage facility in Chicago, IL | Operating real estate	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Self-storage facility in Chicago, IL
Emcumbrances	1,683
Initial Cost	'
Land	823
Building	912
Personal Property	0
Costs Capitalized Subsequent to Acquistion	627
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	823
Building	1,539
Personal Property	0
Total	2,362
Accumulated Depreciation	278
Date Acquired	1-Jul-10
Life on which depreciation in latest statement of income computed	'15 years 0 months 0 days
Self-storage facility in Chicago, IL | Operating real estate	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Self-storage facility in Chicago, IL
Emcumbrances	1,411
Initial Cost	'
Land	700
Building	733
Personal Property	0
Costs Capitalized Subsequent to Acquistion	556
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	700
Building	1,289
Personal Property	0
Total	1,989
Accumulated Depreciation	223
Date Acquired	1-Jul-10
Life on which depreciation in latest statement of income computed	'15 years 0 months 0 days
Self-storage facility in Bedford Park, IL | Operating real estate	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Self-storage facility in Bedford Park, IL
Emcumbrances	1,713
Initial Cost	'
Land	809
Building	1,312
Personal Property	0
Costs Capitalized Subsequent to Acquistion	200
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	809
Building	1,512
Personal Property	0
Total	2,321
Accumulated Depreciation	196
Date Acquired	1-Jul-10
Life on which depreciation in latest statement of income computed	'20 years 0 months 0 days
Self-storage facility in Bentonville, AR | Operating real estate	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Self-storage facility in Bentonville, AR
Emcumbrances	2,024
Initial Cost	'
Land	1,050
Building	1,323
Personal Property	0
Costs Capitalized Subsequent to Acquistion	22
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	1,050
Building	1,345
Personal Property	0
Total	2,395
Accumulated Depreciation	131
Date Acquired	1-Sep-10
Life on which depreciation in latest statement of income computed	'24 years 0 months 0 days
Self-storage facility in Tallahassee, FL | Operating real estate	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Self-storage facility in Tallahassee, FL
Emcumbrances	3,848
Initial Cost	'
Land	570
Building	3,447
Personal Property	0
Costs Capitalized Subsequent to Acquistion	30
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	570
Building	3,477
Personal Property	0
Total	4,047
Accumulated Depreciation	262
Date Acquired	1-Sep-10
Life on which depreciation in latest statement of income computed	'30 years 0 months 0 days
Self-storage facility in Pensacola, FL | Operating real estate	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Self-storage facility in Pensacola, FL
Emcumbrances	1,801
Initial Cost	'
Land	560
Building	2,082
Personal Property	0
Costs Capitalized Subsequent to Acquistion	5
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	560
Building	2,087
Personal Property	0
Total	2,647
Accumulated Depreciation	156
Date Acquired	1-Sep-10
Life on which depreciation in latest statement of income computed	'30 years 0 months 0 days
Self-storage facility in Chicago, IL | Operating real estate	'
Schedule Of Real Estate And Accumulated Depreciation	'
Description	'Self-storage facility in Chicago, IL
Emcumbrances	2,081
Initial Cost	'
Land	1,785
Building	2,616
Personal Property	0
Costs Capitalized Subsequent to Acquistion	23
Increase (Decrease) in Net Investments	0
Gross Amount at which Carried at Close of Period	'
Land	1,785
Building	2,639
Personal Property	0
Total	4,424
Accumulated Depreciation	$178
Date Acquired	1-Oct-10
Life on which depreciation in latest statement of income computed	'32 years 0 months 0 days

Schedule_III_Real_Estate_and_A3

Schedule III - Real Estate and Accumulated Depreciation (Details 2) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Real Estate Under Operating Leases	'	'	'
Schedule Of Real Estate	'	'	'
Balance at beginning of year	$646,482	$560,592	$525,607
Additions/capital expenditures	1,777,443	107,484	67,787
Dispositions	-75,548	-22,106	-18,896
Foreign currency translation adjustment	13,263	-1,837	-2,142
Reclassification from (to) equity investment, direct financing lease, intangible assets or assets held for sale	-17,681	20,105	1,790
Deconsolidation of real estate asset	'	-5,938	'
Impairment charges	-12,346	-11,818	-13,554
Balance at end of year	2,331,613	646,482	560,592
Reconciliation of Real Estate Accumulated Depreciation	'	'	'
Balance at beginning of year	118,054	108,032	100,247
Depreciation expense	24,302	15,179	13,437
Dispositions	-22,947	-5,785	-5,000
Foreign currency translation adjustment	358	-396	-839
Reclassification from (to) equity investment, direct financing lease, intangible assets or assets held for sale	-3,692	2,339	187
Deconsolidation of real estate asset	'	-1,315	'
Balance at end of year	116,075	118,054	108,032
Operating real estate	'	'	'
Schedule Of Real Estate	'	'	'
Balance at beginning of year	109,875	109,851	85,927
Additions/capital expenditures	295	24	23,924
Impairment charges	-10,467	0	0
Balance at end of year	99,703	109,875	109,851
Reconciliation of Real Estate Accumulated Depreciation	'	'	'
Balance at beginning of year	17,121	14,280	12,039
Depreciation expense	2,872	2,841	2,241
Balance at end of year	$19,993	$17,121	$14,280