Black Creek Diversified Property Fund 10-Q 13 May 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2014	5-May-14	5-May-14	5-May-14	5-May-14
		Class E	Class A	Class W	Class I
Document Information [Line Items]	'	'	'	'	'
Document Type	'10-Q	'	'	'	'
Amendment Flag	'false	'	'	'	'
Document Period End Date	31-Mar-14	'	'	'	'
Document Fiscal Year Focus	'2014	'	'	'	'
Document Fiscal Period Focus	'Q1	'	'	'	'
Entity Registrant Name	'Dividend Capital Diversified Property Fund Inc.	'	'	'	'
Entity Central Index Key	'0001327978	'	'	'	'
Current Fiscal Year End Date	'--12-31	'	'	'	'
Entity Filer Category	'Non-accelerated Filer	'	'	'	'
Entity Common Stock, Shares Outstanding	'	170,864,860	813,619	569,607	5,112,079

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2014		Dec. 31, 2013
In Thousands, unless otherwise specified
ASSETS	'		'
Investments in real property	$2,345,681		$2,376,864
Accumulated depreciation and amortization	-466,047		-452,222
Total net investments in real property	1,879,634	[1]	1,924,642	[1]
Debt related investments, net	94,180		123,935
Total net investments	1,973,814		2,048,577
Cash and cash equivalents	81,292		24,778
Restricted cash	35,209		25,550
Other assets, net	67,856		60,328
Assets held for sale	3,301	[2]	146,176	[2]
Total Assets	2,161,472		2,305,409
Liabilities:	'		'
Mortgage notes and other secured borrowings	918,716	[3]	943,045	[3]
Unsecured borrowings	270,000		300,000
Intangible lease liabilities, net	72,389		74,413
Other liabilities	93,666		96,272
Liabilities associated with assets held for sale	58	[4]	86,668	[4]
Total Liabilities	1,354,829		1,500,398
Stockholders' equity:	'		'
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 175,461,058 and 176,006,755 shares issued and outstanding, as of March 31, 2014 and December 31, 2013, respectively	1,755	[5]	1,760	[5]
Additional paid-in capital	1,576,970		1,582,886
Distributions in excess of earnings	-848,768		-860,747
Accumulated other comprehensive loss	-10,586		-10,794
Total stockholders' equity	719,371		713,105
Noncontrolling interests	87,272		91,906
Total Equity	806,643		805,011
Total Liabilities and Equity	$2,161,472		$2,305,409
[1]	Includes approximately $81.9 million and $82.4 million, after accumulated depreciation and amortization, in consolidated real property variable interest entity investments as of March 31, 2014 and DecemberB 31, 2013, respectively.
[2]	Includes approximately $0 and $143.0 million, after accumulated depreciation and amortization, in consolidated real property variable interest entity investments as of March 31, 2014 and DecemberB 31, 2013, respectively.
[3]	Includes approximately $60.4 million and $60.7 million in consolidated mortgage notes in variable interest entity investments as of March 31, 2014 and DecemberB 31, 2013, respectively.
[4]	Includes approximately $0 and $80.4 million in consolidated mortgage notes in variable interest entity investments as of March 31, 2014 and DecemberB 31, 2013, respectively.
[5]	Includes 170,144,935 shares of Class E common stock, 563,912 shares of ClassB A common stock, 407,416 shares of Class W common stock, and 4,344,795 shares of Class I common stock issued and outstanding as of March 31, 2014, and 171,254,036 shares of Class E common stock, 216,745 shares of ClassB A common stock, 208,889B shares of Class W common stock, and 4,327,085 shares of Class I common stock issued and outstanding as of DecemberB 31, 2013.

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Mar. 31, 2014		Dec. 31, 2013
Common stock, par value	$0.01		$0.01
Common stock, shares authorized	1,000,000,000		1,000,000,000
Common stock, shares issued	175,461,058	[1]	176,006,755	[1]
Common stock, shares outstanding	175,461,058	[1]	176,006,755	[1]
Investment in real property	$1,879,634,000	[2]	$1,924,642,000	[2]
Class E	'		'
Common stock, shares issued	170,144,935		171,254,036
Class A	'		'
Common stock, shares issued	563,912		216,745
Class W	'		'
Common stock, shares issued	407,416		208,889
Class I	'		'
Common stock, shares issued	4,344,795		4,327,085
Variable interest entity investments	'		'
Investment in real property	81,900,000		82,400,000
Mortgage notes	60,400,000		60,700,000
Variable interest entity investments | Assets Held for Sale [Member]	'		'
Investment in real property	0		143,000,000
Variable interest entity investments | Liabilities of Assets Held for Sale [Member]	'		'
Mortgage notes	$0		$80,400,000
[1]	Includes 170,144,935 shares of Class E common stock, 563,912 shares of ClassB A common stock, 407,416 shares of Class W common stock, and 4,344,795 shares of Class I common stock issued and outstanding as of March 31, 2014, and 171,254,036 shares of Class E common stock, 216,745 shares of ClassB A common stock, 208,889B shares of Class W common stock, and 4,327,085 shares of Class I common stock issued and outstanding as of DecemberB 31, 2013.
[2]	Includes approximately $81.9 million and $82.4 million, after accumulated depreciation and amortization, in consolidated real property variable interest entity investments as of March 31, 2014 and DecemberB 31, 2013, respectively.

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2014		Mar. 31, 2013
REVENUE:	'		'
Rental revenue	$55,060		$50,636
Debt related income	2,013		2,735
Total Revenue	57,073		53,371
EXPENSES:	'		'
Rental expense	13,347		10,896
Real estate depreciation and amortization expense	22,350		21,259
General and administrative expenses	2,819	[1]	2,361	[1]
Advisory fees, related party	3,743		3,684
Total Operating Expenses	42,259		38,200
Other Income (Expenses):	'		'
Interest and other income (expense)	-78		-104
Interest expense	-16,168		-16,550
Loss on extinguishment of debt and financing commitments	-63		-270
Gain on sale of real property	3,626		'
Income (loss) from continuing operations	2,131		-1,753
Discontinued operations, net of taxes	29,857	[2]	-4,113	[2]
Net Income (loss)	31,988		-5,866
Net income attributable to noncontrolling interests	-4,550		499
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS	$27,438		($5,367)
Net income (loss) per basic and diluted common share:	'		'
Continuing operations	$0.01		($0.01)
Discontinued operations	$0.14		($0.02)
NET INCOME (LOSS) PER BASIC AND DILUTED COMMON SHARE	$0.15		($0.03)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	'		'
Basic	176,873		178,792
Diluted	189,993		192,927
Distributions declared per common share	$0.09		$0.09
[1]	Includes approximately $1.6 million and $1.0 million, paid to our Advisor and its affiliates for reimbursable expenses during the three months ended March 31, 2014 and 2013, respectively.
[2]	Includes approximately $1.9 million and $85,000, paid to our Advisor for advisory fees associated with the disposition of real properties during the three months ended March 31, 2014 and 2013, respectively.

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Parenthetical) (Related Party [Member], USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
General and administrative expenses	$1,600	$1,000

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME AND LOSS (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME AND LOSS [Abstract]	'	'
Net Income (Loss)	$31,988	($5,866)
Other Comprehensive Income (Loss):	'	'
Net unrealized change from available-for-sale securities	-211	'
Unrealized change from cash flow hedging derivatives	321	646
Comprehensive income (loss)	32,098	-5,220
Comprehensive (loss) income attributable to noncontrolling interests	-4,452	452
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS	$27,646	($4,768)

CONDENSED_CONSOLIDATED_STATEME3

CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (USD $)	Common Stock	Additional Paid-in Capital	Distributions in Excess of Earnings	Accumulated Other Comprehensive Income (Loss)	Noncontrolling Interests	Total
In Thousands, except Share data, unless otherwise specified
Beginning Balances at Dec. 31, 2013	$1,760	$1,582,886	($860,747)	($10,794)	$91,906	$805,011
Beginning Balances (in shares) at Dec. 31, 2013	176,007,000	'	'	'	'	176,006,755	[1]
Comprehensive income (loss):	'	'	'	'	'	'
Net income	'	'	27,438	'	4,550	31,988
Net unrealized change from available-for-sale securities	'	'	'	-196	-15	-211
Unrealized change from cash flow hedging derivatives	'	'	'	300	21	321
Common stock:	'	'	'	'	'	'
Issuance of common stock, net of offering costs (in shares)	1,332,000	'	'	'	'	'
Issuance of common stock, net of offering costs	14	8,670	'	'	'	8,684
Redemptions of common stock (in shares)	-1,878,000	'	'	'	'	'
Redemptions of common stock	-19	-13,082	'	'	'	-13,101
Amortization of stock based compensation	'	7	'	'	'	7
Distributions declared on common stock	'	'	-15,459	'	'	-15,459
Noncontrolling interests:	'	'	'	'	'	'
Distributions declared to noncontrolling interests	'	'	'	'	-5,929	-5,929
Redemptions of noncontrolling interests	'	-541	'	104	-2,445	-2,882
Buyout of noncontrolling interest	'	-970	'	'	-816	-1,786
Ending Balances at Mar. 31, 2014	$1,755	$1,576,970	($848,768)	($10,586)	$87,272	$806,643
Ending Balances (in shares) at Mar. 31, 2014	175,461,000	'	'	'	'	175,461,058	[1]
[1]	Includes 170,144,935 shares of Class E common stock, 563,912 shares of ClassB A common stock, 407,416 shares of Class W common stock, and 4,344,795 shares of Class I common stock issued and outstanding as of March 31, 2014, and 171,254,036 shares of Class E common stock, 216,745 shares of ClassB A common stock, 208,889B shares of Class W common stock, and 4,327,085 shares of Class I common stock issued and outstanding as of DecemberB 31, 2013.

CONDENSED_CONSOLIDATED_STATEME4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014		Mar. 31, 2013
OPERATING ACTIVITIES:	'		'
Net Income (Loss)	$31,988		($5,866)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:	'		'
Real estate depreciation and amortization expense	22,350		30,524
Gain on disposition of real property	-33,155		-1,213
Loss on extinguishment of debt and financing commitments	63		270
Other adjustments to reconcile loss to net cash provided by operating activities	2,462		1,809
Changes in operating assets and liabilities	-6,686		-8,072
Net cash provided by operating activities	17,022		17,452
INVESTING ACTIVITIES:	'		'
Capital expenditures in real property	-4,276		-5,397
Proceeds from disposition of real property	90,383		7,879
Investment in debt related investments	'		-3,653
Principal collections on debt related investments	18,415		15,512
Other investing activities	1,214		638
Net cash provided by investing activities	105,736		14,979
FINANCING ACTIVITIES:	'		'
Mortgage note principal repayments	-3,418		-18,513
Net (repayments of) proceeds from revolving line of credit borrowings	-30,000		25,000
Repayment of other secured borrowings	-303		-13,666
Redemption of common shares	-14,109		-11,430
Distributions on common stock	-10,287		-10,210
Proceeds from sale of common stock	4,072		795
Offering costs for issuance of common stock	-816		-414
Distributions to noncontrolling interest holders	-5,955		-1,495
Other financing activities	-5,428		-2,577
Net cash used in financing activities	-66,244		-32,510
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	56,514		-79
CASH AND CASH EQUIVALENTS, beginning of period	24,778		36,872
CASH AND CASH EQUIVALENTS, end of period	81,292		36,793
Supplemental Disclosure of Cash Flow Information:	'		'
Cash paid for interest	14,910		19,602
Amount issued pursuant to the distribution reinvestment plan	5,238		5,505
Non-cash principal collection on debt related investments	7,125	[1]	9,646	[1]
Non-cash disposition of real property	94,011	[1]	'
Non-cash reduction of mortgage note and other secured borrowings	$101,136	[1]	'
[1]	Represents the amount of sales proceeds and debt repayments from the disposition of real property or the repayment of borrowings that we did not receive or pay in cash, primarily due to the repayment or assumption of related borrowings by the purchaser or borrower at closing.

Organization

Organization	3 Months Ended
	Mar. 31, 2014
Organization [Abstract]	'
Organization	'
	1. ORGANIZATION
	Dividend Capital Diversified Property Fund Inc. is a Maryland corporation formed on April 11, 2005 to invest in a diverse portfolio of real property and real estate related investments. As used herein, “the Company,” “we,” “our” and “us” refer to Dividend Capital Diversified Property Fund Inc. and its consolidated subsidiaries and partnerships except where the context otherwise requires.
	We believe we have operated in such a manner as to qualify as a real estate investment trust (“REIT”) for federal income tax purposes, and we utilize an Umbrella Partnership Real Estate Investment Trust (“UPREIT”) organizational structure to hold all or substantially all of our assets through our operating partnership, Dividend Capital Total Realty Operating Partnership, L.P. (our “Operating Partnership”). Furthermore, our Operating Partnership wholly owns a taxable REIT subsidiary, DCTRT Leasing Corp. (the “TRS”), through which we have executed certain business transactions that might otherwise have an adverse impact on our status as a REIT if such business transactions were to occur directly or indirectly through our Operating Partnership.
	We are the sole general partner of our Operating Partnership. In addition, we have contributed 100% of the proceeds received from our offerings of common stock to our Operating Partnership in exchange for partnership units (“OP Units”) representing our interest as a limited partner of the Operating Partnership. As of March 31, 2014 and December 31, 2013, we owned approximately 93.2% and 93.0%, respectively, of the limited partnership interests in our Operating Partnership, and the remaining limited partnership interests in our Operating Partnership were owned by third-party investors. Our Operating Partnership has classes of OP Units that correspond to our four classes of common stock: Class E OP Units, Class A OP Units, Class W OP Units, and Class I OP Units. The OP Units held by third parties are all Class E OP Units. As of March 31, 2014 and December 31, 2013, our Operating Partnership had issued and outstanding approximately 12.9 million and 13.3 million Class E OP Units held by third party investors, respectively, which represent limited partnership interests issued in connection with its private placement offerings.
	Dividend Capital Total Advisors LLC (our “Advisor”), a related party, manages our day-to-day activities under the terms and conditions of an advisory agreement (as amended from time to time, the “Advisory Agreement”). Our Advisor and its affiliates receive various forms of compensation, reimbursements and fees for services relating to the investment and management of our real estate assets.
	On July 12, 2012, the Securities and Exchange Commission (the “Commission”) declared effective our Registration Statement on Form S-11 (Registration Number 333-175989) (as amended, the “Registration Statement”). The Registration Statement applies to the offer and sale (the “Offering”) of up to $3,000,000,000 of our shares of common stock, of which $2,250,000,000 of shares are expected to be offered to the public in a primary offering and $750,000,000 of shares are expected to be offered to our stockholders pursuant to an amended and restated distribution reinvestment plan (subject to our right to reallocate such amounts). In the Offering, we are offering to the public three classes of shares: Class A shares, Class W shares and Class I shares with net asset value (“NAV”) based pricing. See Part I, Item 2 of this Quarterly Report on Form 10-Q for a description of our valuation procedures and valuation components, including important disclosure regarding real property valuations provided by Altus Group U.S., Inc., an independent valuation firm. Our independent registered public accounting firm does not audit our NAV. Selling commissions, dealer manager fees, and distribution fees are allocated to Class A shares, Class W shares, and Class I shares on a class-specific basis and differ for each class, even when the NAV of each class is the same. We are offering to sell any combination of Class A shares, Class W shares and Class I shares with a dollar value up to the maximum offering amount. We also sell shares of our unclassified common stock, which we refer to as “Class E” shares, pursuant to our distribution reinvestment plan offering registered on our Registration Statement on Form S-3 (Registration Number 333-162636). In the event of a liquidation event, our assets, or the proceeds therefrom, will be distributed ratably in proportion to the respective NAV for each class until the NAV for each class has been paid. Other than differing allocable fees and expenses and liquidation rights, Class E shares, Class A shares, Class W shares, and Class I shares have identical rights and privileges.
	As of March 31, 2014, we had raised gross proceeds of approximately $36.5 million from the sale of approximately 5.3 million shares in the Offering, including approximately $256,000 through our distribution reinvestment plan. As of March 31, 2014, approximately $2,963.5 million in shares remained available for sale pursuant to the Offering, including approximately $749.7 million in shares available for sale through our distribution reinvestment plan.

Summary_Of_Significant_Account

Summary Of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2014
Summary Of Significant Accounting Policies [Abstract]	'
Summary of Significant Accounting Policies	'
	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Interim Financial Statements
	The accompanying interim condensed consolidated financial statements (herein referred to as “financial statements,” “balance sheets,” “statements of operations,” “statement of equity,” or “statements of comprehensive income and loss”) have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) and with the Commission instructions to Form 10-Q and Rule 10-01 of Regulation S-X for interim financial statements. Accordingly, these statements do not include all the information and footnotes required by GAAP for complete financial statements. In the opinion of management, the accompanying financial statements include all adjustments and eliminations, consisting only of normal recurring items necessary for their fair presentation in conformity with GAAP. Interim results are not necessarily indicative of operating results for a full year. The unaudited information included in this Quarterly Report on Form 10-Q should be read in conjunction with our audited financial statements and notes thereto, included in our Annual Report on Form 10-K for the year ended December 31, 2013, filed with the Commission on March 10, 2014. There have been no significant changes to the Company's significant accounting policies during the three months ended March 31, 2014 other than the updates described below.
	Reclassifications
	Certain amounts included in the accompanying financial statements for 2013 have been reclassified to conform to the 2014 financial statements presentation. Statement of operations amounts for properties disposed of or classified as held for sale as of December 31, 2013, have been reclassified to discontinued operations for all periods presented. Amounts in our segment disclosures in Note 10 reflect the reclassification of amounts related to properties that have been disposed of or classified as held for sale as of December 31, 2013.
	New Accounting Pronouncements
	In April 2014, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update 2014-08 (“ASU 2014-08”), which provides a revised definition of a discontinued operation. ASU 2014-08 requires additional disclosures for a discontinued operation and the disposal of an asset and component of the entity that is not a discontinued operation. Under ASU 2014-08, a discontinued operation is a component (or group of components) of the entity, the disposal of which would represent a strategic shift that has (or will have) a major effect on the entity’s operations and financial results, when such component (or group of components) have been disposed of or classified as held for sale. The amendments in the ASU should be applied prospectively and are effective for us beginning January 1, 2015, with early adoption permitted. We adopted this standard effective January 1, 2014. During the three months ended March 31, 2014, we disposed of or classified as held for sale three operating properties that we determined did not meet the definition of discontinued operations under the revised standard. As a result of our adoption of this ASU, we anticipate that fewer of our property dispositions made in the normal course of business will qualify for discontinued operations reporting. See Note 3 for additional information.

Investments_in_Real_Property

Investments in Real Property	3 Months Ended
	Mar. 31, 2014
Investments in Real Property [Abstract]	'
Investments in Real Property	'
	3. INVESTMENTS IN REAL PROPERTY
	Our consolidated investments in real property consist of investments in office, industrial and retail properties. The following tables summarize our consolidated investments in real property as of March 31, 2014 and December 31, 2013 (amounts in thousands):
	Real Property		Land			Building and Improvements			Intangible Lease Assets		Total Investment Amount		Intangible Lease Liabilities		Net Investment Amount
	As of March 31, 2014:
	Office (1)	$	229,216		$	757,463		$	360,924	$	1,347,603	$	-15,861	$	1,331,742
	Industrial		30,619			202,528			51,999		285,146		-41,011		244,135
	Retail		225,408			417,957			76,287		719,652		-48,966		670,686
	Total gross book value		485,243			1,377,948			489,210		2,352,401		-105,838		2,246,563
	Accumulated depreciation/amortization		-			-171,300			-298,166		-469,466		33,449		-436,017
	Total net book value	$	485,243		$	1,206,648		$	191,044	$	1,882,935	$	-72,389	$	1,810,546
	As of December 31, 2013:
	Office	$	232,117		$	769,654		$	365,314	$	1,367,085	$	-15,861	$	1,351,224
	Industrial (2)		51,678			359,800			66,877		478,355		-46,626		431,729
	Retail		227,218			420,070			77,752		725,040		-51,059		673,981
	Total gross book value		511,013			1,549,524			509,943		2,570,480		-113,546		2,456,934
	Accumulated depreciation/amortization		-			-207,966			-294,881		-502,847		35,997		-466,850
	Total net book value	$	511,013		$	1,341,558		$	215,062	$	2,067,633	$	-77,549	$	1,990,084
		-1		Includes $3.1 million in land, $195,000 in building and improvements, $3.4 million in intangible lease assets, and $62,000 in intangible lease liabilities, before accumulated depreciation on assets of $3.4 million and accumulated amortization of intangible lease liabilities of $62,000, related to an office property and a land parcel classified as held for sale in the accompanying balance sheet as of March 31, 2014.
		-2		Includes $21.1 million in land, $157.7 million in building and improvements, $14.9 million in intangible lease assets, and $5.6 million in intangible lease liabilities, before accumulated depreciation on assets of $50.6 million and accumulated amortization of intangible lease liabilities of $2.5 million, related to 12 industrial properties classified as held for sale in the accompanying balance sheet as of December 31, 2013.
	Dispositions
	During the three months ended March 31, 2014, we disposed of or classified as held for sale the following properties (dollar amounts and square footage in thousands):
	Type of Property	Market	DPF Ownership	Building Square Feet	Disposition Date	Gain (Loss)
	2014 Dispositions
	Industrial Portfolio	Various(1)	92.50%	3,387	22-Jan-14	$	29,545
	Retail	Boston, MA	100.00%	110	18-Feb-14		2,276
	Office	Little Rock, AR	100.00%	102	25-Feb-14		1,350
				3,599		$	33,171
	Assets held for sale
	Office	East Bay, CA	100.00%	60
	Land Parcel	Denver, CO	100.00%	-
	Total			60
	(1)Industrial portfolio included twelve properties located in the following markets: Atlanta, GA, Central Pennsylvania, Cincinnati, OH, Columbus, OH, Dallas, TX, Indianapolis, IN, and Minneapolis/St. Paul, MN.
	Discontinued Operations
	We present the results of operations and the respective aggregate net gains (losses), of (i) any property or group of properties that were disposed or classified as held for sale as of December 31, 2013 when the operations and cash flows have been (or will be) eliminated from our ongoing operations and we will not have any significant continuing involvement, and (ii) any property or group of properties, the disposal of which would represent a strategic shift that has (or will have) a major effect on our operations and financial results, when such property (or group of properties) have been disposed of or classified as held for sale, as discontinued operations in our accompanying statements of operations. Interest expense is included in discontinued operations only if it is directly attributable to these operations or properties. Discontinued operations for the three months ended March 31, 2014 include the results of operations and net gain on the disposition of 12 properties classified as held for sale as of December 31, 2013. Discontinued operations for the three months ended March 31, 2013 include (i) the results of operations of the 13 properties disposed of during the year ended 2013, (ii) the results of operations of the 12 properties classified as held for sale as of December 31, 2013 and subsequently disposed of, and (iii) the aggregate net gain on dispositions recorded during the three months ended March 31, 2013. The following table summarizes amounts recorded as discontinued operations (amounts in thousands):
			For the Three Months Ended March 31,
				2014			2013
	Revenues		$	995		$	16,038
	Rental expense			-367			-6,431
	Real estate depreciation and amortization expense			-			-9,264
	Interest expense			-296			-5,601
	Other expenses			-20			-68
	Income (loss) from discontinued operations			312			-5,326
	Gain on disposition, net of taxes			29,545			1,213
	Discontinued operations, net of taxes			29,857			-4,113
	Discontinued operations attributable to noncontrolling interests			-4,433			355
	Discontinued operations attributable to common stockholders		$	25,424		$	-3,758
	The following table summarizes capital expenditures and significant operating and investing noncash items related to our discontinued operations (amounts in thousands):
			For the Three Months Ended March 31,
				2014			2013
	Capital expenditures		$	-		$	2,798
	Noncash items:
	Straight-line rent adjustments			-41			1,283
	Amortization of above-market lease assets			-			-200
	Amortization of below-market lease liabilities			-			482
	Non-cash disposition of real property			80,361			-
	The following table summarizes the carrying amounts of the major classes of assets and liabilities included in our discontinued operations and classified as held for sale as of December 31, 2013, and the carrying amounts of the major classes of assets and liabilities classified as held for sale as of March 31, 2014. As of March 31, 2014, we classified as held for sale (i) an office property that we anticipate disposing of in May 2014, and (ii) a land parcel that was disposed of in April 2014. We did not have any discontinued operations classified as held for sale as of March 31, 2014 (amounts in thousands):
			As of
			31-Mar-14			31-Dec-13
	Land		$	3,125		$	21,060
	Building and improvements			195			157,679
	Intangible lease assets			3,400			14,877
	Accumulated depreciation			-3,419			-50,625
	Other assets, net			-			3,185
Assets held for sale		$	3,301		$	146,176
Mortgage notes and other secured borrowings		$	-		$	80,428
Intangible lease liabilities, net			-			3,136
Other liabilities			58			3,104
Liabilities related to assets held for sale		$	58		$	86,668
Rental Revenue
The following table summarizes the adjustments to rental revenue related to the amortization of above-market lease assets, below-market lease liabilities, and straight-line rental adjustments for the three months ended March 31, 2014 and 2013. In addition, the following table includes tenant recovery income received from tenants for real estate taxes, insurance and other property operating expenses and recognized as rental revenue (amounts in thousands):
		For the Three Months Ended March 31,
		2014			2013
Straight-line rent adjustments		$	1,305		$	2,968
Above-market lease assets			-1,724			-1,926
Below-market lease liabilities			1,832			2,102
Total increase to rental revenue		$	1,413		$	3,144
Tenant recovery income		$	8,202		$	8,789

Debt_Related_Investments

Debt Related Investments	3 Months Ended
	Mar. 31, 2014
Debt Related Investments [Abstract]	'
Debt Related Investments	'
	4. DEBT RELATED INVESTMENTS
	As of March 31, 2014 and December 31, 2013, we had invested in 11 and 14 debt related investments, respectively. The weighted average maturity of our debt related investments as of March 31, 2014 was 2.8 years, based on our recorded net investment. The following table describes our debt related income for the three months ended March 31, 2014 and 2013 (dollar amounts in thousands):
		For the Three Months Ended March 31,				Weighted Average Yield as of
	Investment Type	2014		2013		March 31, 2014 (1)
	Mortgage notes(2)	$	1,351	$	2,429	5.40%
	B-notes		-		51	0.00%
	Mezzanine debt		662		255	16.70%
	Total	$	2,013	$	2,735	7.30%
	(1)Weighted average yield is calculated on an unlevered basis using the amount invested, current interest rates and accretion of premiums or discounts realized upon the initial investment for each investment type as of March 31, 2014. Yields for LIBOR-based, floating-rate investments have been calculated using the one-month LIBOR rate as of March 31, 2014 for purposes of this table. As of March 31, 2014, we had one debt related investment with a net investment amount of $25.0 million that bears interest at a floating rate indexed to LIBOR. All of our remaining debt related investments bear interest at fixed rates. We have assumed a yield of zero on the one debt related investment for which we have recognized a full allowance for loss as of March 31, 2014.
	(2)We had three and two debt related investments repaid in full during the three months ended March 31, 2014 and 2013, respectively. During the three months ended March 31, 2014 and 2013, amounts recorded include early repayment fees received and accelerated amortization of origination fees offset by accelerated amortization of deferred due diligence costs related to certain of these repayments.
	Repayments
	During the three months ended March 31, 2014, we received full repayment of three debt related investments, all of which were structured as mortgage notes. We received cash proceeds from the repayments of approximately $22.6 million, which comprised principal repayment of $29.7 million (approximately $4.6 million of which was received subsequent to March 31, 2014), partially offset by the repayment of borrowings secured by the debt related investments of approximately $7.1 million.
	Impairment
	We review each of our debt related investments individually on a quarterly basis, and more frequently when such an evaluation is warranted, to determine if impairment exists. Accordingly, we do not group our debt related investments into classes by credit quality indicator. A debt related investment is impaired when, based on current information and events (including economic, industry and geographical factors), it is probable that we will be unable to collect all amounts due, both principal and interest, according to the contractual terms of the agreement. When an investment is deemed impaired, the impairment is measured based on the expected future cash flows discounted at the investment’s effective interest rate. As a practical expedient, we may measure impairment based on the fair value of the collateral of an impaired collateral-dependent debt investment. Regardless of the measurement method, we measure impairment based on the fair value of the collateral when it is determined that foreclosure is probable. We had recorded a provision for loan loss of $3.0 million as of March 31, 2014 and December 31, 2013. We did not record any current period provision for loan loss, direct write-downs of the allowance, or recoveries of amounts previously charged off during the three months ended March 31, 2014.
	We had one B-note debt investment on non-accrual status as of both March 31, 2014 and December 31, 2013. We have recorded a complete allowance for loan loss related to such debt related investment on non-accrual status. When a debt investment is on non-accrual status, we record income on the investment using the cash basis of accounting. The amount of income recorded on a cash basis of accounting was not significant during the three months ended March 31, 2014 or 2013. All of our debt related investments that were past due 90 days or more were on non-accrual status as of March 31, 2014 and December 31, 2013.
	As of both March 31, 2014 and December 31, 2013, we had one impaired debt related investment with an unpaid principal balance of approximately $3.0 million. The following table describes our recorded investment in debt related investments before allowance for loan loss, and the related allowance for loan loss (amounts in thousands):
		Debt Investments Individually Evaluated for Impairment as of
		31-Mar-14		31-Dec-13
	Debt investments	$	97,180	$	126,935
	Less: Allowance for loan losses		-3,000		-3,000
	Total	$	94,180	$	123,935
	Our impaired debt investment is a subordinate debt investment. As of both March 31, 2014 and December 31, 2013, we had a gross recorded investment in impaired debt related investments of $3.0 million, with a related allowance for loan loss of $3.0 million. As of March 31, 2014 and December 31, 2013, we did not have any impaired loans for which we have not recorded an allowance for loan loss.
	The following table describes our average recorded net investment in the impaired debt related investments and the related interest income recorded (amounts in thousands):
		For the Three Months Ended March 31,
		2014		2013
	Average Recorded Investment	$	-	$	6,067
	Interest Income Recognized	$	-	$	51

Debt_Obligations

Debt Obligations	3 Months Ended
	Mar. 31, 2014
Debt Obligations [Abstract]	'
Debt Obligations	'
	5. DEBT OBLIGATIONS
	The following table describes our borrowings as of March 31, 2014 and December 31, 2013 (dollar amounts in thousands):
		Weighted Average Stated Interest Rate as of				Outstanding Balance as of (1)						Gross Investment Amount Securing Borrowings as of (2)
		31-Mar-14		31-Dec-13		31-Mar-14			31-Dec-13			31-Mar-14			31-Dec-13
	Fixed-rate mortgages	5.80%		5.80%		$	872,354		$	969,622		$	1,709,338		$	1,898,946
	Floating-rate mortgages (3)	3.90%		3.90%			8,520			8,580			15,673			15,571
	Total mortgage notes	5.70%		5.80%			880,874			978,202			1,725,011			1,914,517
	Repurchase facilities (4)	2.80%		2.80%			37,842			45,270			52,454			65,726
	Total other secured borrowings	2.80%		2.80%			37,842			45,270			52,454			65,726
	Total secured borrowings	5.60%		5.60%			918,716			1,023,472			1,777,465			1,980,243
	Line of credit	N/A		1.90%			-			30,000			N/A			N/A
	Term loan (5)	2.20%		2.20%			270,000			270,000			N/A			N/A
	Total unsecured borrowings	2.20%		2.20%			270,000			300,000			N/A			N/A
	Total borrowings	4.80%		4.90%		$	1,188,716		$	1,323,472		$	1,777,465		$	1,980,243
	(1)Amounts presented are net of (i) unamortized discounts to the face value of our outstanding fixed-rate mortgages of $2.8 million and $2.7 million as of March 31, 2014 and December 31, 2013, respectively, and (ii) GAAP principal amortization related to troubled debt restructurings of $1.7 million and $1.5 million as of March 31, 2014 and December 31, 2013, respectively.
	(2)“Gross Investment Amount” as used here and throughout this document represents the allocated gross basis of real property and debt related investments, after certain adjustments. Gross Investment Amount for real property (i) includes the effect of intangible lease liabilities, (ii) excludes accumulated depreciation and amortization, and (iii) includes the impact of impairments. Amounts reported for debt related investments represent our net accounting basis of the debt investments, which includes (i) unpaid principal balances, (ii) unamortized discounts, premiums, and deferred charges, and (iii) allowances for loan loss.
	(3)As of March 31, 2014 and December 31, 2013, our floating-rate mortgage note was subject to an interest rate spread of 3.75% over one-month LIBOR.
	(4)As of March 31, 2014 and December 31, 2013, borrowings under our repurchase facility  were subject to interest at a floating rate of 2.25% over one-month LIBOR. However, we had effectively fixed the interest rate of the borrowings using interest rate swaps at 2.84% for the term of the borrowings.
	(5)As of March 31, 2014 and December 31, 2013, borrowings under our term loan were subject to interest at a floating rate of 1.70% over one-month LIBOR. However, we had effectively fixed the interest rate for $200.0 million of the total of $270.0 million in borrowings using interest rate swaps at 2.34%, resulting in a weighted average interest rate on the total term loan of 2.21%.
	As of March 31, 2014, 10 mortgage notes were interest-only and 18 mortgage notes were fully amortizing with outstanding principal balances of approximately $288.1 million and $591.7 million, respectively. None of our mortgage notes are recourse to us.
	As of March 31, 2014, we had outstanding borrowings of $270.0 million under the term loan component and $0 under the revolving credit facility component of our senior unsecured term loan and revolving line of credit (collectively, the “Facility”). As of March 31, 2014, the unused portion of the revolving credit facility component of the Facility was approximately $350.0 million, of which approximately $169.6 million was available. As of December 31, 2013, we had outstanding borrowings of $270.0 million and $30.0 million under the term loan and revolving credit facility components of the Facility, respectively, and $86.1 million was available for us to borrow under the revolving credit facility component of the Facility.
	As of March 31, 2014, we had defaulted on a mortgage note with an outstanding principal balance of $14.3 million collateralized by an industrial property with a gross investment amount of $19.0 million, after impairment charges. Our default resulted from us not making monthly debt service payments as required by the loan agreement. We have requested that the lender restructure the loan terms; however, there are no assurances that we will be successful in our negotiation with the lender. We also have discussed with the lender placing the property in receivership pending resolution of the restructure negotiation. Pursuant to the terms of the loan agreement, should the lender enforce its rights, we may be subject to interest rates increasing to a higher default rate and/or the lender foreclosing on the underlying real property collateral. With the exception of customary “carve-outs” (none of which we believe currently apply to this loan), this loan is not recourse to us; therefore, our equity investment in this property is at risk of loss. This default does not impact our remaining debt covenants.
	The following table reflects our contractual debt maturities as of March 31, 2014, specifically our obligations under secured borrowings and unsecured borrowings (dollar amounts in thousands):
			As of March 31, 2014
			Mortgage Notes and Other Secured Borrowings					Unsecured Borrowings					Total
	Year Ending December 31,		Number of Borrowings Maturing		Outstanding Balance (1)			Number of Borrowings Maturing		Outstanding Balance (2)			Outstanding Balance (3)(4)
	2014		3		$	95,049		0		$	-		$	95,049
	2015		4			97,742		0			-			97,742
	2016		12			336,088		0			-			336,088
	2017		6			209,721		0			-			209,721
	2018		0			4,999		1			270,000			274,999
	2019		0			5,292		0			-			5,292
	2020		1			157,944		0			-			157,944
	2021		0			1,707		0			-			1,707
	2022		1			1,663		0			-			1,663
	2023		0			978		0			-			978
	Thereafter		2			6,431		0			-			6,431
	Total		29		$	917,614		1		$	270,000		$	1,187,614
	(1)Secured borrowings presented include (i) mortgage note borrowings of approximately $879.8 million with maturities ranging from 2014 to 2029, and (ii) borrowings under our repurchase facility of approximately $37.8 million, which matures in 2014 and is subject to three one-year extension options.
	(2)Unsecured borrowings presented include term loan borrowings of $270.0 million which mature in 2018. Our revolving credit facility, under which we had no borrowings as of March 31, 2014, matures in 2016, and is subject to two one-year extension options.
	(3)Outstanding balance represents expected cash outflows for contractual amortization and scheduled balloon payment maturities and does not include (i) the mark-to-market adjustment on assumed debt of $2.8 million as of March 31, 2014, and (ii) the GAAP principal amortization of our restructured mortgage note of approximately $1.7 million that does not reduce the contractual amount due of the related mortgage note as of March 31, 2014.
	(4)As of March 31, 2014, our mortgage notes and secured borrowings are secured by interests in real properties and debt investments totaling approximately $1.8 billion.

Hedging_Activities

Hedging Activities	3 Months Ended
	Mar. 31, 2014
Hedging Activities [Abstract]	'
Hedging Activities	'
	6. HEDGING ACTIVITIES
	Risk Management Objective of Using Derivatives
	We maintain risk management control systems to monitor interest rate risk attributable to both our outstanding and forecasted debt obligations. We generally seek to limit the impact of interest rate changes on earnings and cash flows by selectively utilizing derivative instruments to hedge exposures to changes in interest rates on loans secured by our assets. While this hedging strategy is designed to minimize the impact on our net income (loss) and cash provided by operating activities from changes in interest rates, the overall returns on our investments may be reduced. Our board of directors has established policies and procedures regarding our use of derivative instruments for hedging or other purposes to achieve these risk management objectives.
	Cash Flow Hedges of Interest Rate Risk
	Our objectives in using interest rate derivatives are to add stability to interest expense and to manage our exposure to interest rate movements. To accomplish this objective, we primarily use interest rate swaps and caps as part of our interest rate risk management strategy. Interest rate swaps designated as cash flow hedges involve the receipt of variable-rate amounts from a counterparty in exchange for us making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. Interest rate caps designated as cash flow hedges involve the receipt of variable-rate amounts from a counterparty if interest rates rise above the strike rate on the contract in exchange for an up-front premium payment. Additionally, we have entered into and plan to enter into certain interest rate derivatives with the goal of mitigating our exposure to adverse fluctuations in the interest payments on our one-month LIBOR-indexed debt. Certain of our floating rate borrowings are not hedged and therefore, to an extent, we have ongoing exposure to interest rate movements.
	The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges under ASC Topic 815, Derivatives and Hedging (“ASC Topic 815”) is recorded in accumulated other comprehensive income (loss) and is subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. During the next 12 months, we estimate that approximately $1.8 million will be reclassified as an increase to interest expense related to effective forward started interest rate swaps where the hedging instrument has been terminated, and we estimate that approximately $1.1 million will be reclassified as an increase to interest expense related to active effective hedges of floating-rate debt issuances. The ineffective portion of the change in fair value of the derivatives is recognized directly in earnings. The table below presents a reconciliation of the beginning and ending balances, between December 31, 2013 and March 31, 2014, of our accumulated other comprehensive loss (“OCI”), net of amounts attributable to noncontrolling interests related to the effective portion of our cash flow hedges as presented on our financial statements, as well as amounts related to our available-for-sale securities (amounts in thousands):
				Gains and Losses on Cash Flow Hedges			Unrealized Gains and Losses on Available-For-Sale Securities			Accumulated Other Comprehensive Loss
	Beginning balance as of December 31, 2013:			$	-9,876		$	-918		$	-10,794
		Other comprehensive income:
		Amortization of OCI into interest expense (net of tax benefit of $0)			749			-			749
		Change in fair value recognized in OCI (net of tax benefit of $0)			-428			-211			-639
		Amounts reclassified from accumulated other comprehensive income:
		Losses reclassified into loss on extinguishment of debt and financing commitments upon discontinuance of cash flow hedges (net of tax benefit of $0)			-			-			-
		Net current-period other comprehensive income			321			-211			110
		Attribution of and other adjustments to OCI attributable to noncontrolling interests			31			67			98
	Ending balance as of March 31, 2014			$	-9,524		$	-1,062		$	-10,586
	Fair Values of Derivative Instruments
	The table below presents the gross fair value of our derivative financial instruments as well as their classification on our accompanying balance sheet as of March 31, 2014 and December 31, 2013 (amounts in thousands):
					Fair Value of Asset Derivatives as of							Fair Value of Liability Derivatives as of
			Balance Sheet		March 31,			December 31,			Balance Sheet	March 31,		December 31,
			Location		2014			2013			Location	2014		2013
	Derivatives designated as hedging instruments under ASC Topic 815
	Interest rate contracts		Other assets, net (1)		$	651		$	748		Other liabilities (1)	$	-74	$	-43
	Total derivatives designated as hedging instruments under ASC Topic 815					651			748				-74		-43
	Derivatives not designated as hedging instruments under ASC Topic 815
	Interest rate contracts		Other assets, net (1)			-			-		Other liabilities (1)		-		-
	Total derivatives not designated as hedging instruments under ASC Topic 815					-			-				-		-
	Total derivatives				$	651		$	748			$	-74	$	-43
	(1)Although our derivative contracts are subject to master netting arrangements which serve as credit mitigants to both us and our counterparties under certain situations, we do not net our derivative fair values or any existing rights or obligations to cash collateral on the consolidated balance sheet.
	The majority of the inputs used to value our derivative instruments fall within Level 2 of the fair value hierarchy. However, the credit valuation adjustments associated with our derivative instruments utilize Level 3 inputs, such as estimates of current credit spreads, to evaluate the likelihood of potential default by us and our counterparties. As of March 31, 2014, we had assessed the significance of the impact of the credit valuation adjustments and had determined that it was not significant to the overall valuation of our derivative instruments. As a result, we have determined that the significant inputs for all of our derivative valuations are classified in Level 2 of the fair value hierarchy.
	Designated Hedges
	As of March 31, 2014, we had seven outstanding interest rate swaps that were designated as cash flow hedges of interest rate risk, with a total notional amount of $255.1 million. As of December 31, 2013, we had seven outstanding interest rate swaps that were designated as cash flow hedges of interest rate risk, with a total notional amount of $255.4 million.
	Undesignated Hedges
	Derivatives not designated as hedges are not speculative and are used to hedge our exposure to interest rate movements and other identified risks but do not meet hedge accounting requirements. As of both March 31, 2014 and December 31, 2013, we did not have any outstanding derivatives that were not designated as hedges. Changes in the fair value of derivatives not designated in hedging relationships did not result in any gain or loss during the three months ended March 31, 2014 and 2013.
	Effect of Derivative Instruments on the Statements of Comprehensive Income and Loss
	The table below presents the effect of our derivative financial instruments on our accompanying financial statements for the three months ended March 31, 2014 and 2013 (amounts in thousands):
			For the Three Months Ended March 31,
			2014			2013
	Derivatives Designated as Hedging Instruments
	Derivative type			Interest rate contracts			Interest rate contracts
	Amount of gain or (loss) recognized in OCI (effective portion)		$	-428		$	-28
	Location of gain or (loss) reclassified from accumulated OCI into income (effective portion)			Interest expense			Interest expense
	Amount of loss reclassified from accumulated OCI into income (effective portion)		$	-749		$	-645
	Location of gain or (loss) recognized in income (ineffective portion and amount excluded from effectiveness testing)			N/A			Loss on extinguishment of debt and financing commitments
	Amount of loss recognized in income due to missed forecast (ineffective portion and amount excluded from effectiveness testing)		$	-		$	-27
	Derivatives Not Designated as Hedging Instruments
	Derivative type			Interest rate contracts			Interest rate contracts
	Location of loss recognized in income			N/A			N/A
	Amount of loss recognized in income		$	-		$	-

Fair_Value_of_Financial_Instru

Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2014
Fair Value of Financial Instruments [Abstract]	'
Fair Value of Financial Instruments	'
	7. FAIR VALUE OF FINANCIAL INSTRUMENTS
	We are required to disclose the fair value of our financial instruments for which it is practicable to estimate the value. The fair value of a financial instrument is the amount at which such financial instrument could be exchanged in a current transaction between willing parties, other than in a forced sale or liquidation. For certain of our financial instruments, fair values are not readily available since there are no active trading markets as characterized by current exchanges between willing parties. Accordingly, we derive our estimated fair value using various valuation techniques, such as computing the present value of estimated future cash flows using discount rates commensurate with the risks involved. However, the determination of estimated cash flows may be subjective and imprecise and changes in assumptions or estimation methodologies can have a material effect on these estimated fair values. In that regard, the fair value estimates may not be substantiated by comparison to independent markets, and in many cases, may not be realized in immediate settlement of the instrument.
	ASC Topic 820, Fair Value Measurement and Disclosures (“ASC Topic 820”), defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. ASC Topic 820 applies to reported balances that are required or permitted to be measured at fair value under existing accounting pronouncements; accordingly, the standard does not require any new fair value measurements of reported balances.
	ASC Topic 820 emphasizes that fair value is a market-based measurement, not an entity-specific measurement. Therefore, a fair value measurement should be determined based on the assumptions that market participants would use in pricing the asset or liability. As a basis for considering market participant assumptions in fair value measurements, ASC Topic 820 establishes a fair value hierarchy that distinguishes between market participant assumptions based on market data obtained from sources independent of the reporting entity (observable inputs that are classified within Levels 1 and 2 of the hierarchy) and the reporting entity’s own assumptions about market participant assumptions (unobservable inputs classified within Level 3 of the hierarchy).
	Level 1 inputs utilize quoted prices (unadjusted) in active markets for identical assets or liabilities that we have the ability to access. Level 2 inputs are inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs may include quoted prices for similar assets and liabilities in active markets, as well as inputs that are observable for the asset or liability (other than quoted prices), such as interest rates, foreign exchange rates, and yield curves that
	are observable at commonly quoted intervals. Level 3 inputs are unobservable inputs for the asset or liabilities, which are typically based on an entity’s own assumptions, as there is little, if any, related market activity. In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. Our assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the asset or liability.
	The fair values estimated below are indicative of certain interest rate and other assumptions as of March 31, 2014 and December 31, 2013, and may not take into consideration the effects of subsequent interest rate or other assumption fluctuations, or changes in the values of underlying collateral. The fair values of cash and cash equivalents, restricted cash, accounts receivable, and accounts payable and accrued expenses approximate their carrying values because of the short-term nature of these instruments.
	The carrying amounts and estimated fair values of our other financial instruments as of March 31, 2014 and December 31, 2013 were as follows (amounts in thousands):
		As of March 31, 2014				As of December 31, 2013
			Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value
	Assets:
	Investments in real estate securities	$	200	$	200	$	461	$	461
	Fixed-rate debt related investments, net		69,006		71,639		98,724		101,012
	Floating-rate debt related investments, net		25,174		25,356		25,211		24,504
	Derivative instruments		651		651		748		748
	Liabilities:
	Fixed-rate mortgage notes	$	872,354	$	915,607	$	969,622	$	1,010,085
	Floating-rate mortgage notes		8,520		8,524		8,580		8,582
	Floating-rate other secured borrowings		37,842		37,842		45,270		45,270
	Floating-rate unsecured borrowings		270,000		271,003		300,000		301,690
	Derivative liabilities		74		74		43		43
	The methodologies used and key assumptions made to estimate fair values of the other financial instruments described in the above table are as follows:
	Debt Related Investments—The fair value of our performing debt investments are estimated using a discounted cash flow methodology. This method discounts estimated future cash flows using rates management determines best reflect current market interest rates that would be offered for loans with similar characteristics and credit quality. Credit spreads and market interest rates used to determine the fair value of these instruments are based on unobservable Level 3 inputs which management has determined to be its best estimate of current market values.
	Mortgage Notes and Other Secured Borrowings Carried at Amortized Cost—The fair value of our mortgage notes and other secured borrowings are estimated using a discounted cash flow analysis, based on our estimate of market interest rates. Credit spreads relating to the underlying instruments are based on unobservable Level 3 inputs, which we have determined to be our best estimate of current market spreads of similar instruments.

Related_Party_Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2014
Related Party Transactions [Abstract]	'
Related Party Transactions	'
	8. RELATED PARTY TRANSACTIONS
	Our day-to-day activities are managed by our Advisor, a related party, under the terms and conditions of the Advisory Agreement. Our Advisor is considered to be a related party as certain indirect owners and employees of our Advisor serve as two of our directors and all of our executive officers. The responsibilities of our Advisor cover all facets of our business, and include the selection and underwriting of our real property and debt related investments, the negotiations for these investments, the asset management and financing of these investments and the oversight of real property dispositions.
	Dividend Capital Securities LLC, which we refer to as the “Dealer Manager,” is distributing the shares of our common stock in the Offering on a “best efforts” basis. The Dealer Manager is an entity related to the Advisor and is a member of the Financial Industry Regulatory Authority, Inc., or FINRA. The Dealer Manager coordinates our distribution effort and manages our relationships with participating broker-dealers and financial advisors and provides assistance in connection with compliance matters relating to marketing the Offering.
	As of March 31, 2014 and December 31, 2013, we owed approximately $1.4 million and $1.6 million, respectively, to our Advisor and affiliates of our Advisor for such services and reimbursement of certain expenses. Pursuant to the Advisory Agreement, we accrue the advisory fee on a daily basis and pay our Advisor amounts due subsequent to each month-end.
	The following table summarizes fees and other amounts earned by our Advisor and its related parties in connection with services performed for us during the three months ended March 31, 2014 and 2013 (amounts in thousands):
		For the Three Months Ended March 31,
		2014		2013
	Advisory fees	$	3,743	$	3,684
	Development management fee		83		55
	Other reimbursements		2,038		1,340
	Advisory fees related to the disposition of real properties		1,908		85
	Dealer manager and distribution fees		77		-
	Total	$	7,849	$	5,164

Net_Income_Loss_Per_Common_Sha

Net Income (Loss) Per Common Share	3 Months Ended
	Mar. 31, 2014
Net Income (Loss) Per Common Share [Abstract]	'
Net Income (Loss) Per Common Share	'
	9. NET INCOME (LOSS) PER COMMON SHARE
	Reconciliations of the numerator and denominator used to calculate basic net loss per common share to the numerator and denominator used to calculate diluted net loss per common share for the three months ended March 31, 2014 and 2013 are described in the following table (amounts in thousands, except per share information):
		For the Three Months Ended March 31,
	Numerator	2014		2013
	Income (loss) from continuing operations	$	2,131	$	-1,753
	(Income) loss from continuing operations attributable to noncontrolling interests		-117		144
	Income (loss) from continuing operations attributable to common stockholders		2,014		-1,609
	Dilutive noncontrolling interests share of (income) loss from continuing operations		149		-127
	Numerator for diluted earnings per share – adjusted income (loss) from continuing operations		2,163		-1,736
	Income (loss) from discontinued operations		29,857		-4,113
	(Income) loss from discontinued operations attributable to noncontrolling interests		-4,433		355
	Income (loss) from discontinued operations attributable to common stockholders		25,424		-3,758
	Dilutive noncontrolling interests share of discontinued operations		1,886		-297
	Numerator for diluted earnings per share – adjusted income (loss) from discontinued operations	$	27,310	$	-4,055
	Denominator
	Weighted average shares outstanding-basic		176,873		178,792
	Incremental weighted average shares effect of conversion of OP units		13,120		14,135
	Weighted average shares outstanding-diluted		189,993		192,927
	INCOME (LOSS) PER COMMON SHARE-BASIC AND DILUTED
	Net income (loss) from continuing operations	$	0.01	$	-0.01
	Net income (loss) from discontinued operations		0.14		-0.02
	Net income (loss)	$	0.15	$	-0.03

Segment_Information

Segment Information	3 Months Ended
	Mar. 31, 2014
Segment Information [Abstract]	'
Segment Information	'
	10. SEGMENT INFORMATION
	We have four reportable operating segments, which include our three real property operating sectors (office, industrial, and retail) and debt related investments. We organize and analyze the operations and results of each of these segments independently, due to inherently different considerations for each segment. Such considerations include, but are not limited to, the nature and characteristics of the investment, and investment strategies and objectives. For example, the physical characteristics of our buildings, the related operating characteristics, the geographic markets, and the type of tenants are inherently different for each of our segments. The following table sets forth revenue and the components of net operating income (“NOI”) of our segments for the three months ended March 31, 2014 and 2013 (amounts in thousands):
		For the Three Months Ended March 31,
		Revenues				NOI
		2014		2013		2014		2013
	Real property (1)
	Office	$	34,202	$	29,950	$	25,323	$	23,126
	Industrial		5,814		6,619		4,986		6,131
	Retail		15,044		14,067		11,404		10,483
	Debt related investments		2,013		2,735		2,013		2,735
	Total	$	57,073	$	53,371	$	43,726	$	42,475
	(1)Excludes results of operations of real properties categorized as discontinued operations.
	We consider NOI to be an appropriate supplemental financial performance measure because NOI reflects the specific operating performance of our real properties and debt related investments, and excludes certain items that are not considered to be controllable in connection with the management of each property, such as depreciation and amortization, general and administrative expenses, asset management fees, interest expense and noncontrolling interests. However, NOI should not be viewed as an alternative measure of our financial performance as a whole, since it excludes such items that could materially impact our results of operations. Further, our NOI may not be comparable to that of other real estate companies, as they may use different methodologies for calculating NOI. Therefore, we believe net income, as defined by GAAP, to be the most appropriate measure to evaluate our overall financial performance.
	The following table is a reconciliation of our NOI to our reported net income (loss) attributable to common stockholders for the three months ended March 31, 2014 and 2013 (amounts in thousands):
		For the Three Months Ended March 31,
		2014		2013
	Net operating income	$	43,726	$	42,475
	Real estate depreciation and amortization expense		-22,350		-21,259
	General and administrative expenses		-2,819		-2,361
	Advisory fees, related party		-3,743		-3,684
	Interest and other income		-78		-104
	Interest expense		-16,168		-16,550
	Loss on extinguishment of debt and financing commitments		-63		-270
	Gain on sale of real property		3,626		-
	Discontinued operations, net of taxes		29,857		-4,113
	Net income attributable to noncontrolling interests		-4,550		499
	Net income (loss) attributable to common stockholders	$	27,438	$	-5,367
	The following table reflects our total assets by business segment as of March 31, 2014 and December 31, 2013 (amounts in thousands):
		As of
		31-Mar-14		31-Dec-13
	Segment assets:
	Net investments in real property
	Office	$	1,057,115	$	1,092,350
	Industrial		227,221		229,787
	Retail		595,298		602,505
	Debt related investments, net		94,180		123,935
	Total segment assets, net		1,973,814		2,048,577
	Non-segment assets:
	Cash and cash equivalents		81,292		24,778
	Other non-segment assets (1)		103,065		85,878
	Assets held for sale		3,301		146,176
	Total assets	$	2,161,472	$	2,305,409
	(1)Other non-segment assets primarily consist of corporate assets including restricted cash and receivables, including straight-line rent receivable.

Subsequent_Events

Subsequent Events	3 Months Ended
	Mar. 31, 2014
Subsequent Events [Abstract]	'
Subsequent Events	'
	11. SUBSEQUENT EVENTS
	We have evaluated subsequent events for the period from March 31, 2014, the date of these financial statements, through the date these financial statements are issued.
	Advisor RSU agreement
	On April 7, 2014 (the “Effective Date”), we entered into a Restricted Stock Unit Agreement (the “Agreement”) with our Advisor. Pursuant to the terms of the Agreement, we have granted our Advisor 493,575 restricted stock units (“RSUs”), in return for offsets of future advisory fees and expenses. Each RSU will, upon vesting, entitle the Advisor to one Class I share of our common stock. The Advisor is expected to redistribute a significant portion of the RSUs and/or shares to senior level employees of the Advisor and its affiliates that provide services to us, although the terms of such redistributions (including the timing, amount and recipients) remain solely in the discretion of the Advisor. The purpose of the Agreement is intended to further promote an alignment of interests among our stockholders, the Advisor and the personnel of our Advisor and its affiliates, and is intended to promote retention of the personnel of our Advisor and its affiliates.
	Departure of executive officer
	Austin W. Lehr, who served as our Chief Operating Officer since 2010, resigned to pursue other opportunities effective April 30, 2014. Mr. Lehr’s primary duties will be assumed by the Company’s President, J. Michael Lynch.

Recovered_Sheet1

Summary of Significant Accounting Policies (Policy)	3 Months Ended
	Mar. 31, 2014
Summary Of Significant Accounting Policies [Abstract]	'
Interim Financial Statements	'
	Interim Financial Statements
	The accompanying interim condensed consolidated financial statements (herein referred to as “financial statements,” “balance sheets,” “statements of operations,” “statement of equity,” or “statements of comprehensive income and loss”) have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) and with the Commission instructions to Form 10-Q and Rule 10-01 of Regulation S-X for interim financial statements. Accordingly, these statements do not include all the information and footnotes required by GAAP for complete financial statements. In the opinion of management, the accompanying financial statements include all adjustments and eliminations, consisting only of normal recurring items necessary for their fair presentation in conformity with GAAP. Interim results are not necessarily indicative of operating results for a full year. The unaudited information included in this Quarterly Report on Form 10-Q should be read in conjunction with our audited financial statements and notes thereto, included in our Annual Report on Form 10-K for the year ended December 31, 2013, filed with the Commission on March 10, 2014. There have been no significant changes to the Company's significant accounting policies during the three months ended March 31, 2014 other than the updates described below.
Reclassifications	'
	Reclassifications
	Certain amounts included in the accompanying financial statements for 2013 have been reclassified to conform to the 2014 financial statements presentation. Statement of operations amounts for properties disposed of or classified as held for sale as of December 31, 2013, have been reclassified to discontinued operations for all periods presented. Amounts in our segment disclosures in Note 10 reflect the reclassification of amounts related to properties that have been disposed of or classified as held for sale as of December 31, 2013.
New Accounting Pronouncements	'
	New Accounting Pronouncements
	In April 2014, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update 2014-08 (“ASU 2014-08”), which provides a revised definition of a discontinued operation. ASU 2014-08 requires additional disclosures for a discontinued operation and the disposal of an asset and component of the entity that is not a discontinued operation. Under ASU 2014-08, a discontinued operation is a component (or group of components) of the entity, the disposal of which would represent a strategic shift that has (or will have) a major effect on the entity’s operations and financial results, when such component (or group of components) have been disposed of or classified as held for sale. The amendments in the ASU should be applied prospectively and are effective for us beginning January 1, 2015, with early adoption permitted. We adopted this standard effective January 1, 2014. During the three months ended March 31, 2014, we disposed of or classified as held for sale three operating properties that we determined did not meet the definition of discontinued operations under the revised standard. As a result of our adoption of this ASU, we anticipate that fewer of our property dispositions made in the normal course of business will qualify for discontinued operations reporting. See Note 3 for additional information.

Investments_in_Real_Property_T

Investments in Real Property (Tables)	3 Months Ended
	Mar. 31, 2014
Investments in Real Property [Abstract]	'
Schedule of Consolidated Investments In Real Property	'
	Real Property		Land			Building and Improvements			Intangible Lease Assets		Total Investment Amount		Intangible Lease Liabilities		Net Investment Amount
	As of March 31, 2014:
	Office (1)	$	229,216		$	757,463		$	360,924	$	1,347,603	$	-15,861	$	1,331,742
	Industrial		30,619			202,528			51,999		285,146		-41,011		244,135
	Retail		225,408			417,957			76,287		719,652		-48,966		670,686
	Total gross book value		485,243			1,377,948			489,210		2,352,401		-105,838		2,246,563
	Accumulated depreciation/amortization		-			-171,300			-298,166		-469,466		33,449		-436,017
	Total net book value	$	485,243		$	1,206,648		$	191,044	$	1,882,935	$	-72,389	$	1,810,546
	As of December 31, 2013:
	Office	$	232,117		$	769,654		$	365,314	$	1,367,085	$	-15,861	$	1,351,224
	Industrial (2)		51,678			359,800			66,877		478,355		-46,626		431,729
	Retail		227,218			420,070			77,752		725,040		-51,059		673,981
	Total gross book value		511,013			1,549,524			509,943		2,570,480		-113,546		2,456,934
	Accumulated depreciation/amortization		-			-207,966			-294,881		-502,847		35,997		-466,850
	Total net book value	$	511,013		$	1,341,558		$	215,062	$	2,067,633	$	-77,549	$	1,990,084
		-1		Includes $3.1 million in land, $195,000 in building and improvements, $3.4 million in intangible lease assets, and $62,000 in intangible lease liabilities, before accumulated depreciation on assets of $3.4 million and accumulated amortization of intangible lease liabilities of $62,000, related to an office property and a land parcel classified as held for sale in the accompanying balance sheet as of March 31, 2014.
		-2		Includes $21.1 million in land, $157.7 million in building and improvements, $14.9 million in intangible lease assets, and $5.6 million in intangible lease liabilities, before accumulated depreciation on assets of $50.6 million and accumulated amortization of intangible lease liabilities of $2.5 million, related to 12 industrial properties classified as held for sale in the accompanying balance sheet as of December 31, 2013.
Schedule of Disposed Properties	'
	Type of Property	Market	DPF Ownership	Building Square Feet	Disposition Date	Gain (Loss)
	2014 Dispositions
	Industrial Portfolio	Various(1)	92.50%	3,387	22-Jan-14	$	29,545
	Retail	Boston, MA	100.00%	110	18-Feb-14		2,276
	Office	Little Rock, AR	100.00%	102	25-Feb-14		1,350
				3,599		$	33,171
	Assets held for sale
	Office	East Bay, CA	100.00%	60
	Land Parcel	Denver, CO	100.00%	-
	Total			60
	(1)Industrial portfolio included twelve properties located in the following markets: Atlanta, GA, Central Pennsylvania, Cincinnati, OH, Columbus, OH, Dallas, TX, Indianapolis, IN, and Minneapolis/St. Paul, MN.
Schedule of Amounts Recorded as Discontinued Operations	'
			For the Three Months Ended March 31,
				2014			2013
	Revenues		$	995		$	16,038
	Rental expense			-367			-6,431
	Real estate depreciation and amortization expense			-			-9,264
	Interest expense			-296			-5,601
	Other expenses			-20			-68
	Income (loss) from discontinued operations			312			-5,326
	Gain on disposition, net of taxes			29,545			1,213
	Discontinued operations, net of taxes			29,857			-4,113
	Discontinued operations attributable to noncontrolling interests			-4,433			355
	Discontinued operations attributable to common stockholders		$	25,424		$	-3,758
Capital Expenditures and Signficant Operating and Investing Noncash Items Related to Discontinued Operations	'
			For the Three Months Ended March 31,
				2014			2013
	Capital expenditures		$	-		$	2,798
	Noncash items:
	Straight-line rent adjustments			-41			1,283
	Amortization of above-market lease assets			-			-200
	Amortization of below-market lease liabilities			-			482
	Non-cash disposition of real property			80,361			-
Carrying Amounts of Major Classes of Assets and Liabilities Included in Discontinued Operations and Classified as Held For Sale	'
			As of
			31-Mar-14			31-Dec-13
	Land		$	3,125		$	21,060
	Building and improvements			195			157,679
	Intangible lease assets			3,400			14,877
	Accumulated depreciation			-3,419			-50,625
	Other assets, net			-			3,185
	Assets held for sale		$	3,301		$	146,176
	Mortgage notes and other secured borrowings		$	-		$	80,428
	Intangible lease liabilities, net			-			3,136
	Other liabilities			58			3,104
	Liabilities related to assets held for sale		$	58		$	86,668
Schedule of Adjustments to Rental Revenue Related to Amortization of Above-Market Lease Assets, Below-Market Lease Liabilities, and for Straight-Line Rental Adjustments	'
			For the Three Months Ended March 31,
			2014			2013
	Straight-line rent adjustments		$	1,305		$	2,968
	Above-market lease assets			-1,724			-1,926
	Below-market lease liabilities			1,832			2,102
	Total increase to rental revenue		$	1,413		$	3,144
	Tenant recovery income		$	8,202		$	8,789

Debt_Related_Investments_Table

Debt Related Investments (Tables)	3 Months Ended
	Mar. 31, 2014
Debt Related Investments [Abstract]	'
Details of Debt Related Income	'
		For the Three Months Ended March 31,				Weighted Average Yield as of
	Investment Type	2014		2013		March 31, 2014 (1)
	Mortgage notes(2)	$	1,351	$	2,429	5.40%
	B-notes		-		51	0.00%
	Mezzanine debt		662		255	16.70%
	Total	$	2,013	$	2,735	7.30%
	(1)Weighted average yield is calculated on an unlevered basis using the amount invested, current interest rates and accretion of premiums or discounts realized upon the initial investment for each investment type as of March 31, 2014. Yields for LIBOR-based, floating-rate investments have been calculated using the one-month LIBOR rate as of March 31, 2014 for purposes of this table. As of March 31, 2014, we had one debt related investment with a net investment amount of $25.0 million that bears interest at a floating rate indexed to LIBOR. All of our remaining debt related investments bear interest at fixed rates. We have assumed a yield of zero on the one debt related investment for which we have recognized a full allowance for loss as of March 31, 2014.
	(2)We had three and two debt related investments repaid in full during the three months ended March 31, 2014 and 2013, respectively. During the three months ended March 31, 2014 and 2013, amounts recorded include early repayment fees received and accelerated amortization of origination fees offset by accelerated amortization of deferred due diligence costs related to certain of these repayments.
	Repayments
	During the three months ended March 31, 2014, we received full repayment of three debt related investments, all of which were structured as mortgage notes. We received cash proceeds from the repayments of approximately $22.6 million, which comprised principal repayment of $29.7 million (approximately $4.6 million of which was received subsequent to March 31, 2014), partially offset by the repayment of borrowings secured by the debt related investments of approximately $7.1 million.
Recorded Investment in Debt Related Investments before Allowance for Loan Loss, and Related Allowance for Loan Loss	'
		Debt Investments Individually Evaluated for Impairment as of
		31-Mar-14		31-Dec-13
	Debt investments	$	97,180	$	126,935
	Less: Allowance for loan losses		-3,000		-3,000
	Total	$	94,180	$	123,935
Average Recorded Net Investment in Impaired Debt Related Investments and Related Interest Income Recorded	'
		For the Three Months Ended March 31,
		2014		2013
	Average Recorded Investment	$	-	$	6,067
	Interest Income Recognized	$	-	$	51

Debt_Obligations_Tables

Debt Obligations (Tables)	3 Months Ended
	Mar. 31, 2014
Debt Obligations [Abstract]	'
Schedule of Borrowings	'
		Weighted Average Stated Interest Rate as of				Outstanding Balance as of (1)						Gross Investment Amount Securing Borrowings as of (2)
		31-Mar-14		31-Dec-13		31-Mar-14			31-Dec-13			31-Mar-14			31-Dec-13
	Fixed-rate mortgages	5.80%		5.80%		$	872,354		$	969,622		$	1,709,338		$	1,898,946
	Floating-rate mortgages (3)	3.90%		3.90%			8,520			8,580			15,673			15,571
	Total mortgage notes	5.70%		5.80%			880,874			978,202			1,725,011			1,914,517
	Repurchase facilities (4)	2.80%		2.80%			37,842			45,270			52,454			65,726
	Total other secured borrowings	2.80%		2.80%			37,842			45,270			52,454			65,726
	Total secured borrowings	5.60%		5.60%			918,716			1,023,472			1,777,465			1,980,243
	Line of credit	N/A		1.90%			-			30,000			N/A			N/A
	Term loan (5)	2.20%		2.20%			270,000			270,000			N/A			N/A
	Total unsecured borrowings	2.20%		2.20%			270,000			300,000			N/A			N/A
	Total borrowings	4.80%		4.90%		$	1,188,716		$	1,323,472		$	1,777,465		$	1,980,243
	(1)Amounts presented are net of (i) unamortized discounts to the face value of our outstanding fixed-rate mortgages of $2.8 million and $2.7 million as of March 31, 2014 and December 31, 2013, respectively, and (ii) GAAP principal amortization related to troubled debt restructurings of $1.7 million and $1.5 million as of March 31, 2014 and December 31, 2013, respectively.
	(2)“Gross Investment Amount” as used here and throughout this document represents the allocated gross basis of real property and debt related investments, after certain adjustments. Gross Investment Amount for real property (i) includes the effect of intangible lease liabilities, (ii) excludes accumulated depreciation and amortization, and (iii) includes the impact of impairments. Amounts reported for debt related investments represent our net accounting basis of the debt investments, which includes (i) unpaid principal balances, (ii) unamortized discounts, premiums, and deferred charges, and (iii) allowances for loan loss.
	(3)As of March 31, 2014 and December 31, 2013, our floating-rate mortgage note was subject to an interest rate spread of 3.75% over one-month LIBOR.
	(4)As of March 31, 2014 and December 31, 2013, borrowings under our repurchase facility  were subject to interest at a floating rate of 2.25% over one-month LIBOR. However, we had effectively fixed the interest rate of the borrowings using interest rate swaps at 2.84% for the term of the borrowings.
	(5)As of March 31, 2014 and December 31, 2013, borrowings under our term loan were subject to interest at a floating rate of 1.70% over one-month LIBOR. However, we had effectively fixed the interest rate for $200.0 million of the total of $270.0 million in borrowings using interest rate swaps at 2.34%, resulting in a weighted average interest rate on the total term loan of 2.21%.
Schedule of Borrowings Reflects Contractual Debt Maturities	'
			As of March 31, 2014
			Mortgage Notes and Other Secured Borrowings					Unsecured Borrowings					Total
	Year Ending December 31,		Number of Borrowings Maturing		Outstanding Balance (1)			Number of Borrowings Maturing		Outstanding Balance (2)			Outstanding Balance (3)(4)
	2014		3		$	95,049		0		$	-		$	95,049
	2015		4			97,742		0			-			97,742
	2016		12			336,088		0			-			336,088
	2017		6			209,721		0			-			209,721
	2018		0			4,999		1			270,000			274,999
	2019		0			5,292		0			-			5,292
	2020		1			157,944		0			-			157,944
	2021		0			1,707		0			-			1,707
	2022		1			1,663		0			-			1,663
	2023		0			978		0			-			978
	Thereafter		2			6,431		0			-			6,431
	Total		29		$	917,614		1		$	270,000		$	1,187,614
	(1)Secured borrowings presented include (i) mortgage note borrowings of approximately $879.8 million with maturities ranging from 2014 to 2029, and (ii) borrowings under our repurchase facility of approximately $37.8 million, which matures in 2014 and is subject to three one-year extension options.
	(2)Unsecured borrowings presented include term loan borrowings of $270.0 million which mature in 2018. Our revolving credit facility, under which we had no borrowings as of March 31, 2014, matures in 2016, and is subject to two one-year extension options.
	(3)Outstanding balance represents expected cash outflows for contractual amortization and scheduled balloon payment maturities and does not include (i) the mark-to-market adjustment on assumed debt of $2.8 million as of March 31, 2014, and (ii) the GAAP principal amortization of our restructured mortgage note of approximately $1.7 million that does not reduce the contractual amount due of the related mortgage note as of March 31, 2014.
	(4)As of March 31, 2014, our mortgage notes and secured borrowings are secured by interests in real properties and debt investments totaling approximately $1.8 billion.

Hedging_Activities_Tables

Hedging Activities (Tables)	3 Months Ended
	Mar. 31, 2014
Hedging Activities [Abstract]	'
Reconciliation of Accumulated Other Comprehensive Loss	'
				Gains and Losses on Cash Flow Hedges			Unrealized Gains and Losses on Available-For-Sale Securities			Accumulated Other Comprehensive Loss
	Beginning balance as of December 31, 2013:			$	-9,876		$	-918		$	-10,794
		Other comprehensive income:
		Amortization of OCI into interest expense (net of tax benefit of $0)			749			-			749
		Change in fair value recognized in OCI (net of tax benefit of $0)			-428			-211			-639
		Amounts reclassified from accumulated other comprehensive income:
		Losses reclassified into loss on extinguishment of debt and financing commitments upon discontinuance of cash flow hedges (net of tax benefit of $0)			-			-			-
		Net current-period other comprehensive income			321			-211			110
		Attribution of and other adjustments to OCI attributable to noncontrolling interests			31			67			98
	Ending balance as of March 31, 2014			$	-9,524		$	-1,062		$	-10,586
Gross Fair Value of Derivative Financial Instruments as Well as Their Classification	'
					Fair Value of Asset Derivatives as of							Fair Value of Liability Derivatives as of
			Balance Sheet		March 31,			December 31,			Balance Sheet	March 31,		December 31,
			Location		2014			2013			Location	2014		2013
	Derivatives designated as hedging instruments under ASC Topic 815
	Interest rate contracts		Other assets, net (1)		$	651		$	748		Other liabilities (1)	$	-74	$	-43
	Total derivatives designated as hedging instruments under ASC Topic 815					651			748				-74		-43
	Derivatives not designated as hedging instruments under ASC Topic 815
	Interest rate contracts		Other assets, net (1)			-			-		Other liabilities (1)		-		-
	Total derivatives not designated as hedging instruments under ASC Topic 815					-			-				-		-
	Total derivatives				$	651		$	748			$	-74	$	-43
	(1)Although our derivative contracts are subject to master netting arrangements which serve as credit mitigants to both us and our counterparties under certain situations, we do not net our derivative fair values or any existing rights or obligations to cash collateral on the consolidated balance sheet.
Effect of Derivative Financial Instruments on Financial Statements	'
			For the Three Months Ended March 31,
			2014			2013
	Derivatives Designated as Hedging Instruments
	Derivative type			Interest rate contracts			Interest rate contracts
	Amount of gain or (loss) recognized in OCI (effective portion)		$	-428		$	-28
	Location of gain or (loss) reclassified from accumulated OCI into income (effective portion)			Interest expense			Interest expense
	Amount of loss reclassified from accumulated OCI into income (effective portion)		$	-749		$	-645
	Location of gain or (loss) recognized in income (ineffective portion and amount excluded from effectiveness testing)			N/A			Loss on extinguishment of debt and financing commitments
	Amount of loss recognized in income due to missed forecast (ineffective portion and amount excluded from effectiveness testing)		$	-		$	-27
	Derivatives Not Designated as Hedging Instruments
	Derivative type			Interest rate contracts			Interest rate contracts
	Location of loss recognized in income			N/A			N/A
	Amount of loss recognized in income		$	-		$	-

Fair_Value_of_Financial_Instru1

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2014
Fair Value of Financial Instruments [Abstract]	'
Schedule of Carrying Amount and Fair Values of Other Financial Instruments	'
		As of March 31, 2014				As of December 31, 2013
			Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value
	Assets:
	Investments in real estate securities	$	200	$	200	$	461	$	461
	Fixed-rate debt related investments, net		69,006		71,639		98,724		101,012
	Floating-rate debt related investments, net		25,174		25,356		25,211		24,504
	Derivative instruments		651		651		748		748
	Liabilities:
	Fixed-rate mortgage notes	$	872,354	$	915,607	$	969,622	$	1,010,085
	Floating-rate mortgage notes		8,520		8,524		8,580		8,582
	Floating-rate other secured borrowings		37,842		37,842		45,270		45,270
	Floating-rate unsecured borrowings		270,000		271,003		300,000		301,690
	Derivative liabilities		74		74		43		43

Related_Party_Transactions_Tab

Related Party Transactions (Tables)	3 Months Ended
	Mar. 31, 2014
Related Party Transactions [Abstract]	'
Schedule of Fees and Other Amounts Earned by Advisor	'
		For the Three Months Ended March 31,
		2014		2013
	Advisory fees	$	3,743	$	3,684
	Development management fee		83		55
	Other reimbursements		2,038		1,340
	Advisory fees related to the disposition of real properties		1,908		85
	Dealer manager and distribution fees		77		-
	Total	$	7,849	$	5,164

Net_Income_Loss_Per_Common_Sha1

Net Income (Loss) Per Common Share (Tables)	3 Months Ended
	Mar. 31, 2014
Net Income (Loss) Per Common Share [Abstract]	'
Details of Numerator and Denominator Used to Calculate Diluted Net Loss Per Common Share	'
		For the Three Months Ended March 31,
	Numerator	2014		2013
	Income (loss) from continuing operations	$	2,131	$	-1,753
	(Income) loss from continuing operations attributable to noncontrolling interests		-117		144
	Income (loss) from continuing operations attributable to common stockholders		2,014		-1,609
	Dilutive noncontrolling interests share of (income) loss from continuing operations		149		-127
	Numerator for diluted earnings per share – adjusted income (loss) from continuing operations		2,163		-1,736
	Income (loss) from discontinued operations		29,857		-4,113
	(Income) loss from discontinued operations attributable to noncontrolling interests		-4,433		355
	Income (loss) from discontinued operations attributable to common stockholders		25,424		-3,758
	Dilutive noncontrolling interests share of discontinued operations		1,886		-297
	Numerator for diluted earnings per share – adjusted income (loss) from discontinued operations	$	27,310	$	-4,055
	Denominator
	Weighted average shares outstanding-basic		176,873		178,792
	Incremental weighted average shares effect of conversion of OP units		13,120		14,135
	Weighted average shares outstanding-diluted		189,993		192,927
	INCOME (LOSS) PER COMMON SHARE-BASIC AND DILUTED
	Net income (loss) from continuing operations	$	0.01	$	-0.01
	Net income (loss) from discontinued operations		0.14		-0.02
	Net income (loss)	$	0.15	$	-0.03

Segment_Information_Tables

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2014
Segment Information [Abstract]	'
Revenue and Components of Net Operating Income	'
		For the Three Months Ended March 31,
		Revenues				NOI
		2014		2013		2014		2013
	Real property (1)
	Office	$	34,202	$	29,950	$	25,323	$	23,126
	Industrial		5,814		6,619		4,986		6,131
	Retail		15,044		14,067		11,404		10,483
	Debt related investments		2,013		2,735		2,013		2,735
	Total	$	57,073	$	53,371	$	43,726	$	42,475
	(1)Excludes results of operations of real properties categorized as discontinued operations.
Reconciliation of Net Operating Income to Reported Net Income (Loss)	'
		For the Three Months Ended March 31,
		2014		2013
	Net operating income	$	43,726	$	42,475
	Real estate depreciation and amortization expense		-22,350		-21,259
	General and administrative expenses		-2,819		-2,361
	Advisory fees, related party		-3,743		-3,684
	Interest and other income		-78		-104
	Interest expense		-16,168		-16,550
	Loss on extinguishment of debt and financing commitments		-63		-270
	Gain on sale of real property		3,626		-
	Discontinued operations, net of taxes		29,857		-4,113
	Net income attributable to noncontrolling interests		-4,550		499
	Net income (loss) attributable to common stockholders	$	27,438	$	-5,367
Summary of Total Assets by Business Segment	'
		As of
		31-Mar-14		31-Dec-13
	Segment assets:
	Net investments in real property
	Office	$	1,057,115	$	1,092,350
	Industrial		227,221		229,787
	Retail		595,298		602,505
	Debt related investments, net		94,180		123,935
	Total segment assets, net		1,973,814		2,048,577
	Non-segment assets:
	Cash and cash equivalents		81,292		24,778
	Other non-segment assets (1)		103,065		85,878
	Assets held for sale		3,301		146,176
	Total assets	$	2,161,472	$	2,305,409
	(1)Other non-segment assets primarily consist of corporate assets including restricted cash and receivables, including straight-line rent receivable.

Organization_Details

Organization (Details) (USD $)	3 Months Ended						3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	Jul. 12, 2012
			Operating Partnership Units	Operating Partnership Units	Class E OP Units [Member]	Class E OP Units [Member]	NAV Offering [Member]	NAV Offering [Member]
Organization [Line Items]	'	'	'	'	'	'	'	'
Percentage of proceeds received from public offerings of common stock contributed to our Operating Partnership	100.00%	'	'	'	'	'	'	'
Limited partnership interest owned in Operating Partnership	'	'	93.20%	93.00%	'	'	'	'
Operating Partnership units issued	'	'	'	'	12,900,000	13,300,000	'	'
Operating Partnership units outstanding	'	'	'	'	12,900,000	13,300,000	'	'
Maximum NAV share value total	'	'	'	'	'	'	$2,963,500,000	$3,000,000,000
Maximum NAV share value primary offering	'	'	'	'	'	'	'	2,250,000,000
Maximum share value, DRIP	'	'	'	'	'	'	749,700,000	750,000,000
Gross proceeds from sale of shares in the Offering	'	'	'	'	'	'	36,500,000	'
Shares issued	'	'	'	'	'	'	5,300,000	'
Proceeds from issuance, DRIP	$5,238,000	$5,505,000	'	'	'	'	$256,000	'

Investments_in_Real_Property_N

Investments in Real Property (Narrative) (Details)	3 Months Ended	12 Months Ended
	Mar. 31, 2014	Dec. 31, 2013
	property	property
Discontinued Operations	'	'
Real Estate Properties [Line Items]	'	'
Number of properties sold	12	13
Number of industrial properties classified as held for sale	'	12
Industrial	'	'
Real Estate Properties [Line Items]	'	'
Number of industrial properties classified as held for sale	'	12

Investments_In_Real_Property_C

Investments In Real Property (Consolidated Investments In Real Property) (Details) (USD $)	Mar. 31, 2014		Dec. 31, 2013
Schedule of Investments [Line Items]	'		'
Investment in real property, Gross book value	$2,352,401,000		$2,570,480,000
Intangible lease liabilities, Gross book value	-105,838,000		-113,546,000
Real estate investments, Gross book value	2,246,563,000		2,456,934,000
Accumulated depreciation and amortization	-469,466,000		-502,847,000
Intangible lease liabilities, accumulated amortization	33,449,000		35,997,000
Accumulated depreciation/amortization	-436,017,000		-466,850,000
Investment in real property	1,882,935,000		2,067,633,000
Intangible lease liabilities, Net book value	-72,389,000		-77,549,000
Real estate investments, Net book value	1,810,546,000		1,990,084,000
Land available-for-sale	3,125,000		21,060,000
Building and improvements held-for-sale	195,000		157,679,000
Intangible lease assets held-for-sale	3,400,000		14,877,000
Intangible lease liabilities held-for-sale	'		3,136,000
Accumulated depreciation on assets	3,419,000		50,625,000
Land	'		'
Schedule of Investments [Line Items]	'		'
Land	485,243,000		511,013,000
Building and Building Improvements	'		'
Schedule of Investments [Line Items]	'		'
Building and Improvements	1,377,948,000		1,549,524,000
Accumulated depreciation and amortization	-171,300,000		-207,966,000
Real estate investments, Net book value	1,206,648,000		1,341,558,000
Intangible Lease Assets	'		'
Schedule of Investments [Line Items]	'		'
Intangible Lease Assets	489,210,000		509,943,000
Accumulated depreciation and amortization	-298,166,000		-294,881,000
Intangible lease liabilities, Net book value	191,044,000		215,062,000
Office	'		'
Schedule of Investments [Line Items]	'		'
Investment in real property, Gross book value	1,347,603,000	[1]	1,367,085,000
Intangible lease liabilities, Gross book value	-15,861,000	[1]	-15,861,000
Real estate investments, Net book value	1,331,742,000	[1]	1,351,224,000
Land available-for-sale	3,100,000		'
Building and improvements held-for-sale	195,000		'
Intangible lease assets held-for-sale	3,400,000		'
Intangible lease liabilities held-for-sale	62,000		'
Accumulated depreciation on assets	3,400,000		'
Accumulated amortization of intangible lease liabilities	62,000		'
Office | Land	'		'
Schedule of Investments [Line Items]	'		'
Land	229,216,000	[1]	232,117,000
Office | Building and Building Improvements	'		'
Schedule of Investments [Line Items]	'		'
Building and Improvements	757,463,000	[1]	769,654,000
Office | Intangible Lease Assets	'		'
Schedule of Investments [Line Items]	'		'
Intangible Lease Assets	360,924,000	[1]	365,314,000
Industrial	'		'
Schedule of Investments [Line Items]	'		'
Investment in real property, Gross book value	285,146,000		478,355,000	[2]
Intangible lease liabilities, Gross book value	-41,011,000		-46,626,000	[2]
Real estate investments, Net book value	244,135,000		431,729,000	[2]
Land available-for-sale	'		21,100,000
Building and improvements held-for-sale	'		157,700,000
Intangible lease assets held-for-sale	'		14,900,000
Intangible lease liabilities held-for-sale	'		5,600,000
Accumulated depreciation on assets	'		50,600,000
Accumulated amortization of intangible lease liabilities	'		2,500,000
Number of industrial properties classified as held for sale	'		12
Industrial | Land	'		'
Schedule of Investments [Line Items]	'		'
Land	30,619,000		51,678,000	[2]
Industrial | Building and Building Improvements	'		'
Schedule of Investments [Line Items]	'		'
Building and Improvements	202,528,000		359,800,000	[2]
Industrial | Intangible Lease Assets	'		'
Schedule of Investments [Line Items]	'		'
Intangible Lease Assets	51,999,000		66,877,000	[2]
Retail	'		'
Schedule of Investments [Line Items]	'		'
Investment in real property, Gross book value	719,652,000		725,040,000
Intangible lease liabilities, Gross book value	-48,966,000		-51,059,000
Real estate investments, Net book value	670,686,000		673,981,000
Retail | Land	'		'
Schedule of Investments [Line Items]	'		'
Land	225,408,000		227,218,000
Retail | Building and Building Improvements	'		'
Schedule of Investments [Line Items]	'		'
Building and Improvements	417,957,000		420,070,000
Retail | Intangible Lease Assets	'		'
Schedule of Investments [Line Items]	'		'
Intangible Lease Assets	$76,287,000		$77,752,000
[1]	Includes $3.1 million in land, $195,000 in building and improvements, $3.4 million in intangible lease assets, and $62,000 in intangible lease liabilities, before accumulated depreciation on assets of $3.4 million and accumulated amortization of intangible lease liabilities of $62,000, related to an office property and a land parcel classified as held for sale in the accompanying balance sheet as of March 31, 2014.
[2]	Includes $21.1 million in land, $157.7 million in building and improvements, $14.9 million in intangible lease assets, and $5.6 million in intangible lease liabilities, before accumulated depreciation on assets of $50.6 million and accumulated amortization of intangible lease liabilities of $2.5 million, related to 12 industrial properties classified as held for sale in the accompanying balance sheet as of December 31, 2013.

Investments_in_Real_Property_S

Investments in Real Property (Summary of Disposed Properties) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014
	sqft
Significant Acquisitions and Disposals [Line Items]	'
Square feet	3,599,000
Gain (Loss)	$33,171
Industrial Portfolio Properties; Various Markets [Member]	'
Significant Acquisitions and Disposals [Line Items]	'
DPF Ownership	92.50%	[1]
Square feet	3,387,000	[1]
Disposition Date	22-Jan-14	[1]
Gain (Loss)	29,545	[1]
Retail Property, Boston, MA Market [Member]	'
Significant Acquisitions and Disposals [Line Items]	'
DPF Ownership	100.00%
Square feet	110,000
Disposition Date	18-Feb-14
Gain (Loss)	2,276
Office Property, Little Rock, AR Market [Member]	'
Significant Acquisitions and Disposals [Line Items]	'
DPF Ownership	100.00%
Square feet	102,000
Disposition Date	25-Feb-14
Gain (Loss)	$1,350
Office Property, East Bay, CA Market [Member]	'
Significant Acquisitions and Disposals [Line Items]	'
DPF Ownership	100.00%
Square feet	60,000
Land Parcel Property, Denver, CO Market [Member]	'
Significant Acquisitions and Disposals [Line Items]	'
DPF Ownership	100.00%
Assets Held for Sale [Member]	'
Significant Acquisitions and Disposals [Line Items]	'
Square feet	60,000
[1]	Industrial portfolio included twelve properties located in the following markets: Atlanta, GA, Central Pennsylvania, Cincinnati, OH, Columbus, OH, Dallas, TX, Indianapolis, IN, and Minneapolis/St. Paul, MN.

Investments_in_Real_Property_S1

Investments in Real Property (Summary of Income and Expenses Attributable to Discontinued Operations) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014		Mar. 31, 2013
Investments in Real Property [Abstract]	'		'
Revenues	$995		$16,038
Rental expense	-367		-6,431
Real estate depreciation and amortization expense	'		-9,264
Interest expense	-296		-5,601
Other expenses	-20		-68
Income (loss) from discontinued operations	312		-5,326
Gain on disposition, net of taxes	29,545		1,213
Discontinued operations, net of taxes	29,857	[1]	-4,113	[1]
Discontinued operations attributable to noncontrolling interests	-4,433		355
Income from discontinued operations attributable to common stockholders	$25,424		($3,758)
[1]	Includes approximately $1.9 million and $85,000, paid to our Advisor for advisory fees associated with the disposition of real properties during the three months ended March 31, 2014 and 2013, respectively.

Investments_in_Real_Property_S2

Investments in Real Property (Summary of Capital Expenditures, Significant Operating and Investing Noncash Items Related to Discontinued Operations) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014		Mar. 31, 2013
Schedule Of Investments [Line Items]	'		'
Capital expenditures	$4,276		$5,397
Straight-line rent adjustments	1,305		2,968
Amortization of above-market lease assets	-1,724		-1,926
Amortization of below-market lease liabilities	1,832		2,102
Non-cash disposition of real property	94,011	[1]	'
Discontinued Operations	'		'
Schedule Of Investments [Line Items]	'		'
Capital expenditures	'		2,798
Straight-line rent adjustments	-41		1,283
Amortization of above-market lease assets	'		-200
Amortization of below-market lease liabilities	'		482
Non-cash disposition of real property	$80,361		'
[1]	Represents the amount of sales proceeds and debt repayments from the disposition of real property or the repayment of borrowings that we did not receive or pay in cash, primarily due to the repayment or assumption of related borrowings by the purchaser or borrower at closing.

Investments_in_Real_Property_S3

Investments in Real Property (Summary of Carrying Amounts of Major Classes of Assets and Liabilities) (Details) (USD $)	Mar. 31, 2014		Dec. 31, 2013
In Thousands, unless otherwise specified
Disclosure Summary Of Consolidated Investments In Real Property [Abstract]	'		'
Land	$3,125		$21,060
Building and improvements	195		157,679
Intangible lease assets	3,400		14,877
Accumulated depreciation	-3,419		-50,625
Other assets, net	'		3,185
Assets held for sale	3,301	[1]	146,176	[1]
Mortgage notes and other secured borrowings	'		80,428
Intangible lease liabilities, net	'		3,136
Other liabilities	58		3,104
Liabilities related to assets held for sale	$58	[2]	$86,668	[2]
[1]	Includes approximately $0 and $143.0 million, after accumulated depreciation and amortization, in consolidated real property variable interest entity investments as of March 31, 2014 and DecemberB 31, 2013, respectively.
[2]	Includes approximately $0 and $80.4 million in consolidated mortgage notes in variable interest entity investments as of March 31, 2014 and DecemberB 31, 2013, respectively.

Investments_in_Real_Property_S4

Investments in Real Property (Summary of Adjustments to Rental Revenue Related to Amortization of Above-Market Lease Assets, Below-Market Lease Liabilities, and for Straight-Line Rental Adjustments) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Investments in Real Property [Abstract]	'	'
Straight-line rent adjustments	$1,305	$2,968
Amortization of above-market lease assets	-1,724	-1,926
Amortization of below-market lease liabilities	1,832	2,102
Total increase to rental revenue	1,413	3,144
Tenant recovery income	$8,202	$8,789

Debt_Related_Investments_Narra

Debt Related Investments (Narrative) (Details) (USD $)	3 Months Ended			12 Months Ended		3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013	Dec. 31, 2013		Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013
	security		security	security		Subsequent Event	B-notes	B-notes
							security	security
Investment [Line Items]	'		'	'		'	'	'
Number of debt investments	11		'	14		'	'	'
Weighted average maturity of our debt investments	'2 years 9 months 18 days		'	'		'	'	'
Number of debt investment repaid	3		2	'		'	'	'
Net cash proceeds from repayment	$22,600,000		'	'		'	'	'
Principal repayment	29,700,000		'	'		4,600,000	'	'
Repayments of borrowings	7,100,000		'	'		'	'	'
Provision for loan loss	3,000,000		'	3,000,000		'	'	'
Recorded Investment	3,000,000		'	3,000,000		'	'	'
Investment in real property	1,879,634,000	[1]	'	1,924,642,000	[1]	'	'	'
Number of Nonaccrual Loans Receivable	'		'	'		'	1	1
Unpaid principal balance of impaired debt investments	$3,000,000		'	$3,000,000		'	'	'
Number of impaired debt investments	1		'	1		'	'	'
[1]	Includes approximately $81.9 million and $82.4 million, after accumulated depreciation and amortization, in consolidated real property variable interest entity investments as of March 31, 2014 and DecemberB 31, 2013, respectively.

Debt_Related_Investments_Sched

Debt Related Investments (Schedule of Debt Related Income) (Details) (USD $)	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013
	security		security
Investment [Line Items]	'		'
Debt related income	$2,013,000		$2,735,000
Weighted Average Yield	7.30%	[1]	'
Number of variable interest loans receivable	1		'
Carrying amount of floating rate debt investments	25,000,000		'
Number of debt investment repaid	3		2
Mortgage Notes	'		'
Investment [Line Items]	'		'
Debt related income	1,351,000	[2]	2,429,000	[2]
Weighted Average Yield	5.40%	[1],[2]	'
B-notes	'		'
Investment [Line Items]	'		'
Debt related income	'		51,000
Weighted Average Yield	0.00%	[1]	'
Mezzanine loan	'		'
Investment [Line Items]	'		'
Debt related income	$662,000		$255,000
Weighted Average Yield	16.70%	[1]	'
Floating-rate debt related investments, net	'		'
Investment [Line Items]	'		'
Weighted Average Yield	0.00%		'
[1]	Weighted average yield is calculated on an unlevered basis using the amount invested, current interest rates and accretion of premiums or discounts realized upon the initial investment for each investment type as of March 31, 2014. Yields for LIBOR-based, floating-rate investments have been calculated using the one-month LIBOR rate as of March 31, 2014 for purposes of this table. As of March 31, 2014, we had one debt related investment with a net investment amount of $25.0 million that bears interest at a floating rate indexed to LIBOR. All of our remaining debt related investments bear interest at fixed rates. We have assumed a yield of zero on the one debt related investment for which we have recognized a full allowance for loss as of March 31, 2014.
[2]	We had three and two debt related investments repaid in full during the three months ended March 31, 2014 and 2013, respectively. During the three months ended March 31, 2014 and 2013, amounts recorded include early repayment fees received and accelerated amortization of origination fees offset by accelerated amortization of deferred due diligence costs related to certain of these repayments.

Debt_Related_Investments_Recor

Debt Related Investments (Recorded Investment in Debt Related Investments before Allowance for Loan Loss, and Related Allowance for Loan Loss) (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Disclosure Recorded Investment In Debt Related Investments Before Allowance For Loan Loss And Related Allowance For Loan Loss [Abstract]	'	'
Debt investments	$97,180	$126,935
Less: Allowance for loan losses	-3,000	-3,000
Total	$94,180	$123,935

Debt_Related_Investments_Avera

Debt Related Investments (Average Recorded Net Investment in Impaired Debt Related Investments and Related Interest Income Recorded) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Debt Related Investments [Abstract]	'	'
Average Recorded Investment	'	$6,067
Interest Income Recognized	'	$51

Debt_Obligations_Narrative_Det

Debt Obligations (Narrative) (Details) (USD $)	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013	Dec. 31, 2013
	loan
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'	'
Number of interest-only mortgage notes	10		'	'
Number of amortizing mortgage notes	18		'	'
Interest-only mortgage notes, outstanding balance	$288,100,000		'	'
Amortizing mortgage notes outstanding balance	591,700,000		'	'
Total unsecured borrowings	270,000,000		'	300,000,000
Line of credit, amount outstanding	0		'	30,000,000	[1]
Current borrowing capacity	350,000,000		'	'
Available borrowing under revolving credit facility	169,600,000		'	86,100,000
Notice of default description	'As of March 31, 2014, we had defaulted on a mortgage note with an outstanding principal balance of $14.3 million collateralized by an industrial property with a gross investment amount of $19.0 million, after impairment charges. Our default resulted from us not making monthly debt service payments as required by the loan agreement. We have requested that the lender restructure the loan terms; however, there are no assurances that we will be successful in our negotiation with the lender. We also have discussed with the lender placing the property in receivership pending resolution of the restructure negotiation. Pursuant to the terms of the loan agreement, should the lender enforce its rights, we may be subject to interest rates increasing to a higher default rate and/or the lender foreclosing on the underlying real property collateral. With the exception of customary "carve-outs" (none of which we believe currently apply to this loan), this loan is not recourse to us; therefore, our equity investment in this property is at risk of loss. This default does not impact our remaining debt covenants.		'	'
Borrowed Funds	1,188,716,000		'	1,323,472,000	[1]
Real estate investment, gross	2,352,401,000		'	2,570,480,000
Line of credit, interest rate	'		'	1.90%
Repayment of outstanding borrowings	3,418,000		18,513,000	'
Outstanding Balance	1,187,614,000	[2],[3]	'	'
Gross Investment Amount Securing Borrowings	1,777,465,000		'	1,980,243,000	[4]
Industrial	'		'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'	'
Real estate investment, gross	285,146,000		'	478,355,000	[5]
Repurchase Facility	'		'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'	'
Gross Investment Amount Securing Borrowings	52,454,000	[6]	'	65,726,000	[4],[6]
Term Loan	'		'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'	'
Total unsecured borrowings	270,000,000		'	270,000,000
Line of credit, amount outstanding	270,000,000	[7]	'	270,000,000	[1],[7]
Mortgage Note in Payment Default [Member]	'		'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'	'
Borrowed Funds	14,300,000		'	'
Mortgage Note in Payment Default [Member] | Industrial	'		'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'	'
Real estate investment, gross	$19,000,000		'	'
[1]	Amounts presented are net of (i)B unamortized discounts to the face value of our outstanding fixed-rate mortgages of $2.8 million and $2.7 million as of March 31, 2014 and DecemberB 31, 2013, respectively, and (ii)B GAAP principal amortization related to troubled debt restructurings of $1.7 million and $1.5 million as of March 31, 2014 and DecemberB 31, 2013, respectively.
[2]	Outstanding balance represents expected cash outflows for contractual amortization and scheduled balloon payment maturities and does not include (i)B the mark-to-market adjustment on assumed debt of $2.8 million as of March 31, 2014, and (ii)B the GAAP principal amortization of our restructured mortgage note of approximately $1.7 million that does not reduce the contractual amount due of the related mortgage note as of March 31, 2014.
[3]	As of March 31, 2014, our mortgage notes and secured borrowings are secured by interests in real properties and debt investments totaling approximately $1.8 billion.
[4]	bGross Investment Amountb as used here and throughout this document represents the allocated gross basis of real property and debt related investments, after certain adjustments. Gross Investment Amount for real property (i)B includes the effect of intangible lease liabilities, (ii)B excludes accumulated depreciation and amortization, and (iii)B includes the impact of impairments.B Amounts reported for debt related investments represent our net accounting basis of the debt investments, which includes (i)B unpaid principal balances, (ii)B unamortized discounts, premiums, and deferred charges, andB (iii) allowances for loan loss.
[5]	Includes $21.1 million in land, $157.7 million in building and improvements, $14.9 million in intangible lease assets, and $5.6 million in intangible lease liabilities, before accumulated depreciation on assets of $50.6 million and accumulated amortization of intangible lease liabilities of $2.5 million, related to 12 industrial properties classified as held for sale in the accompanying balance sheet as of December 31, 2013.
[6]	As of March 31, 2014 and December 31, 2013, borrowings under our repurchase facility were subject to interest at a floating rate of 2.25% over one-month LIBOR. However, we had effectively fixed the interest rate of the borrowings using interest rate swaps at 2.84% for the term of the borrowings.
[7]	As of March 31, 2014 and December 31, 2013, borrowings under our term loan were subject to interest at a floating rate of 1.70% over one-month LIBOR. However, we had effectively fixed the interest rate for $200.0 million of the total of $270.0 million in borrowings using interest rate swaps at 2.34%, resulting in a weighted average interest rate on the total term loan of 2.21%.

Debt_Obligations_Summary_of_Bo

Debt Obligations (Summary of Borrowings) (Details) (USD $)	Mar. 31, 2014		Dec. 31, 2013
Debt Instrument [Line Items]	'		'
Weighted Average Stated Interest Rate	4.80%		4.90%
Outstanding Balance	$1,188,716,000		$1,323,472,000	[1]
Gross Investment Amount Securing Borrowings	1,777,465,000		1,980,243,000	[2]
Unamortized net discount at end of period on debt payable	2,800,000		2,700,000
Troubled debt restructuring amortization	1,700,000		1,500,000
Liabilities held for sale	58,000	[3]	86,668,000	[3]
Line of credit, interest rate	'		1.90%
Mortgage notes	918,716,000	[4]	943,045,000	[4]
Total secured borrowings	918,716,000		1,023,472,000	[1]
Line of credit, amount outstanding	0		30,000,000	[1]
Total unsecured borrowings	270,000,000		300,000,000
Fixed rate secured borrowings	'		'
Debt Instrument [Line Items]	'		'
Weighted Average Stated Interest Rate	5.80%		5.80%
Outstanding Balance	872,354,000		969,622,000	[1]
Gross Investment Amount Securing Borrowings	1,709,338,000		1,898,946,000	[2]
Floating-rate mortgage notes	'		'
Debt Instrument [Line Items]	'		'
Weighted Average Stated Interest Rate	3.90%	[5]	3.90%	[5]
Outstanding Balance	8,520,000	[5]	8,580,000	[1],[5]
Gross Investment Amount Securing Borrowings	15,673,000	[5]	15,571,000	[2],[5]
Outstanding borrowing spread over LIBOR	3.75%		3.75%
Total mortgage notes	'		'
Debt Instrument [Line Items]	'		'
Weighted Average Stated Interest Rate	5.70%		5.80%
Outstanding Balance	880,874,000		978,202,000	[1]
Gross Investment Amount Securing Borrowings	1,725,011,000		1,914,517,000	[2]
Repurchase Facility	'		'
Debt Instrument [Line Items]	'		'
Weighted Average Stated Interest Rate	2.80%	[6]	2.80%	[6]
Gross Investment Amount Securing Borrowings	52,454,000	[6]	65,726,000	[2],[6]
Mortgage notes	37,800,000		'
Total other secured borrowings	37,842,000	[6]	45,270,000	[1],[6]
Total other secured borrowings	'		'
Debt Instrument [Line Items]	'		'
Weighted Average Stated Interest Rate	2.80%		2.80%
Gross Investment Amount Securing Borrowings	52,454,000		65,726,000	[2]
Total other secured borrowings	37,842,000		45,270,000	[1]
Total Secured Borrowings [Member]	'		'
Debt Instrument [Line Items]	'		'
Weighted Average Stated Interest Rate	5.60%		5.60%
Term Loan	'		'
Debt Instrument [Line Items]	'		'
Weighted Average Stated Interest Rate	2.21%	[7]	2.21%	[7]
Outstanding borrowing spread over LIBOR	1.70%		1.70%
Line of credit, amount outstanding	270,000,000	[7]	270,000,000	[1],[7]
Total unsecured borrowings	270,000,000		270,000,000
Unsecured Borrowings	'		'
Debt Instrument [Line Items]	'		'
Weighted Average Stated Interest Rate	2.20%		2.20%
Outstanding Balance	200,000,000		200,000,000
Interest rate	2.34%		2.34%
Total unsecured borrowings	$270,000,000		$300,000,000	[1]
Fixed rate secured borrowings | Repurchase Facility	'		'
Debt Instrument [Line Items]	'		'
Interest rate	2.84%		2.84%
Minimum | Repurchase Facility	'		'
Debt Instrument [Line Items]	'		'
Outstanding borrowing spread over LIBOR	2.25%		2.25%
[1]	Amounts presented are net of (i)B unamortized discounts to the face value of our outstanding fixed-rate mortgages of $2.8 million and $2.7 million as of March 31, 2014 and DecemberB 31, 2013, respectively, and (ii)B GAAP principal amortization related to troubled debt restructurings of $1.7 million and $1.5 million as of March 31, 2014 and DecemberB 31, 2013, respectively.
[2]	bGross Investment Amountb as used here and throughout this document represents the allocated gross basis of real property and debt related investments, after certain adjustments. Gross Investment Amount for real property (i)B includes the effect of intangible lease liabilities, (ii)B excludes accumulated depreciation and amortization, and (iii)B includes the impact of impairments.B Amounts reported for debt related investments represent our net accounting basis of the debt investments, which includes (i)B unpaid principal balances, (ii)B unamortized discounts, premiums, and deferred charges, andB (iii) allowances for loan loss.
[3]	Includes approximately $0 and $80.4 million in consolidated mortgage notes in variable interest entity investments as of March 31, 2014 and DecemberB 31, 2013, respectively.
[4]	Includes approximately $60.4 million and $60.7 million in consolidated mortgage notes in variable interest entity investments as of March 31, 2014 and DecemberB 31, 2013, respectively.
[5]	As of March 31, 2014 and December 31, 2013, our floating-rate mortgage note was subject to an interest rate spread of 3.75% over one-month LIBOR.
[6]	As of March 31, 2014 and December 31, 2013, borrowings under our repurchase facility were subject to interest at a floating rate of 2.25% over one-month LIBOR. However, we had effectively fixed the interest rate of the borrowings using interest rate swaps at 2.84% for the term of the borrowings.
[7]	As of March 31, 2014 and December 31, 2013, borrowings under our term loan were subject to interest at a floating rate of 1.70% over one-month LIBOR. However, we had effectively fixed the interest rate for $200.0 million of the total of $270.0 million in borrowings using interest rate swaps at 2.34%, resulting in a weighted average interest rate on the total term loan of 2.21%.

Debt_Obligations_Summary_of_Bo1

Debt Obligations (Summary of Borrowings Reflects Contractual Debt Maturities Footnote) (Details) (USD $)	3 Months Ended
	Mar. 31, 2014		Dec. 31, 2013
Debt Instrument [Line Items]	'		'
Outstanding Balance	$1,187,614,000	[1],[2]	'
Secured debt	918,716,000	[3]	943,045,000	[3]
Line of credit, amount outstanding	0		30,000,000	[4]
Mark to market adjustment on assumed debt	2,800,000		'
Troubled debt restructuring amortization	1,700,000		1,500,000
Gross Investment Amount Securing Borrowings	1,777,465,000		1,980,243,000	[5]
Borrowings	'		'
Debt Instrument [Line Items]	'		'
Repurchase agreement borrowing maturity period	'2014		'
2014	'		'
Debt Instrument [Line Items]	'		'
Outstanding Balance	95,049,000	[1],[2]	'
2015	'		'
Debt Instrument [Line Items]	'		'
Outstanding Balance	97,742,000	[1],[2]	'
2016	'		'
Debt Instrument [Line Items]	'		'
Outstanding Balance	336,088,000	[1],[2]	'
2017	'		'
Debt Instrument [Line Items]	'		'
Outstanding Balance	209,721,000	[1],[2]	'
2018	'		'
Debt Instrument [Line Items]	'		'
Outstanding Balance	274,999,000	[1],[2]	'
2019	'		'
Debt Instrument [Line Items]	'		'
Outstanding Balance	5,292,000	[1],[2]	'
2020	'		'
Debt Instrument [Line Items]	'		'
Outstanding Balance	157,944,000	[1],[2]	'
2021	'		'
Debt Instrument [Line Items]	'		'
Outstanding Balance	1,707,000	[1],[2]	'
2022	'		'
Debt Instrument [Line Items]	'		'
Outstanding Balance	1,663,000	[1],[2]	'
2023 [Member]	'		'
Debt Instrument [Line Items]	'		'
Outstanding Balance	978,000	[1],[2]	'
Thereafter	'		'
Debt Instrument [Line Items]	'		'
Outstanding Balance	6,431,000	[1],[2]	'
Repurchase Facility	'		'
Debt Instrument [Line Items]	'		'
Secured debt	37,800,000		'
Gross Investment Amount Securing Borrowings	52,454,000	[6]	65,726,000	[5],[6]
Mortgage Notes	'		'
Debt Instrument [Line Items]	'		'
Secured debt	879,800,000		'
Mortgage Notes | Minimum	'		'
Debt Instrument [Line Items]	'		'
Debt instrument maturity year	'2014		'
Mortgage Notes | Maximum	'		'
Debt Instrument [Line Items]	'		'
Debt instrument maturity year	'2029		'
Mortgage Notes and Other Secured Borrowings	'		'
Debt Instrument [Line Items]	'		'
Number of Borrowings Maturing	29		'
Outstanding Balance	917,614,000	[7]	'
Mortgage Notes and Other Secured Borrowings | 2014	'		'
Debt Instrument [Line Items]	'		'
Number of Borrowings Maturing	3		'
Outstanding Balance	95,049,000	[7]	'
Mortgage Notes and Other Secured Borrowings | 2015	'		'
Debt Instrument [Line Items]	'		'
Number of Borrowings Maturing	4		'
Outstanding Balance	97,742,000	[7]	'
Mortgage Notes and Other Secured Borrowings | 2016	'		'
Debt Instrument [Line Items]	'		'
Number of Borrowings Maturing	12		'
Outstanding Balance	336,088,000	[7]	'
Mortgage Notes and Other Secured Borrowings | 2017	'		'
Debt Instrument [Line Items]	'		'
Number of Borrowings Maturing	6		'
Outstanding Balance	209,721,000	[7]	'
Mortgage Notes and Other Secured Borrowings | 2018	'		'
Debt Instrument [Line Items]	'		'
Number of Borrowings Maturing	0		'
Outstanding Balance	4,999,000	[7]	'
Mortgage Notes and Other Secured Borrowings | 2019	'		'
Debt Instrument [Line Items]	'		'
Number of Borrowings Maturing	0		'
Outstanding Balance	5,292,000	[7]	'
Mortgage Notes and Other Secured Borrowings | 2020	'		'
Debt Instrument [Line Items]	'		'
Number of Borrowings Maturing	1		'
Outstanding Balance	157,944,000	[7]	'
Mortgage Notes and Other Secured Borrowings | 2021	'		'
Debt Instrument [Line Items]	'		'
Number of Borrowings Maturing	0		'
Outstanding Balance	1,707,000	[7]	'
Mortgage Notes and Other Secured Borrowings | 2022	'		'
Debt Instrument [Line Items]	'		'
Number of Borrowings Maturing	1		'
Outstanding Balance	1,663,000	[7]	'
Mortgage Notes and Other Secured Borrowings | 2023 [Member]	'		'
Debt Instrument [Line Items]	'		'
Number of Borrowings Maturing	0		'
Outstanding Balance	978,000	[7]	'
Mortgage Notes and Other Secured Borrowings | Thereafter	'		'
Debt Instrument [Line Items]	'		'
Number of Borrowings Maturing	2		'
Outstanding Balance	6,431,000	[7]	'
Unsecured Borrowings	'		'
Debt Instrument [Line Items]	'		'
Number of Borrowings Maturing	1		'
Outstanding Balance	270,000,000	[8]	'
Unsecured Borrowings | 2014	'		'
Debt Instrument [Line Items]	'		'
Number of Borrowings Maturing	0		'
Unsecured Borrowings | 2015	'		'
Debt Instrument [Line Items]	'		'
Number of Borrowings Maturing	0		'
Unsecured Borrowings | 2016	'		'
Debt Instrument [Line Items]	'		'
Number of Borrowings Maturing	0		'
Unsecured Borrowings | 2017	'		'
Debt Instrument [Line Items]	'		'
Number of Borrowings Maturing	0		'
Unsecured Borrowings | 2018	'		'
Debt Instrument [Line Items]	'		'
Number of Borrowings Maturing	1		'
Outstanding Balance	$270,000,000	[8]	'
Term Loan borrowings maturity period	'2018		'
Unsecured Borrowings | 2019	'		'
Debt Instrument [Line Items]	'		'
Number of Borrowings Maturing	0		'
Unsecured Borrowings | 2020	'		'
Debt Instrument [Line Items]	'		'
Number of Borrowings Maturing	0		'
Unsecured Borrowings | 2021	'		'
Debt Instrument [Line Items]	'		'
Number of Borrowings Maturing	0		'
Unsecured Borrowings | 2022	'		'
Debt Instrument [Line Items]	'		'
Number of Borrowings Maturing	0		'
Unsecured Borrowings | 2023 [Member]	'		'
Debt Instrument [Line Items]	'		'
Number of Borrowings Maturing	0		'
Unsecured Borrowings | Thereafter	'		'
Debt Instrument [Line Items]	'		'
Number of Borrowings Maturing	0		'
[1]	Outstanding balance represents expected cash outflows for contractual amortization and scheduled balloon payment maturities and does not include (i)B the mark-to-market adjustment on assumed debt of $2.8 million as of March 31, 2014, and (ii)B the GAAP principal amortization of our restructured mortgage note of approximately $1.7 million that does not reduce the contractual amount due of the related mortgage note as of March 31, 2014.
[2]	As of March 31, 2014, our mortgage notes and secured borrowings are secured by interests in real properties and debt investments totaling approximately $1.8 billion.
[3]	Includes approximately $60.4 million and $60.7 million in consolidated mortgage notes in variable interest entity investments as of March 31, 2014 and DecemberB 31, 2013, respectively.
[4]	Amounts presented are net of (i)B unamortized discounts to the face value of our outstanding fixed-rate mortgages of $2.8 million and $2.7 million as of March 31, 2014 and DecemberB 31, 2013, respectively, and (ii)B GAAP principal amortization related to troubled debt restructurings of $1.7 million and $1.5 million as of March 31, 2014 and DecemberB 31, 2013, respectively.
[5]	bGross Investment Amountb as used here and throughout this document represents the allocated gross basis of real property and debt related investments, after certain adjustments. Gross Investment Amount for real property (i)B includes the effect of intangible lease liabilities, (ii)B excludes accumulated depreciation and amortization, and (iii)B includes the impact of impairments.B Amounts reported for debt related investments represent our net accounting basis of the debt investments, which includes (i)B unpaid principal balances, (ii)B unamortized discounts, premiums, and deferred charges, andB (iii) allowances for loan loss.
[6]	As of March 31, 2014 and December 31, 2013, borrowings under our repurchase facility were subject to interest at a floating rate of 2.25% over one-month LIBOR. However, we had effectively fixed the interest rate of the borrowings using interest rate swaps at 2.84% for the term of the borrowings.
[7]	Secured borrowings presented include (i)B mortgage note borrowings of approximately $879.8 million with maturities ranging from 2014 to 2029, and (ii)B borrowings under our repurchase facility of approximately $37.8 million, which matures in 2014 and is subject to three one-year extension options.
[8]	Unsecured borrowings presented includeB term loan borrowings of $270.0 million which mature in 2018. Our revolving credit facility, under which we had no borrowings as of March 31, 2014, matures in 2016, and is subject to two one-year extension options.

Hedging_Activities_Narrative_D

Hedging Activities (Narrative) (Details) (USD $)	Mar. 31, 2014	Mar. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Mar. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Scenario, Forecast [Member]	Designated Hedges	Designated Hedges	Interest Rate Swap	Interest Rate Swap	Interest Rate Cap
				Scenario, Forecast [Member]	Designated Hedges	Designated Hedges
					agreement	agreement
Derivative [Line Items]	'	'	'	'	'	'
Estimated increase to interest expense related to termination of hedging instrument	'	'	'	$1.80	'	'
Estimated increase to interest expense related to active effective hedges of floating rate debt	1.1	'	'	'	'	'
Total notional amount	'	$255.10	$255.40	'	'	'
Number of outstanding derivatives	'	'	'	'	7	7

Hedging_Activities_Reconciliat

Hedging Activities (Reconciliation of Accumulated Other Comprehensive Loss, Net of Amounts Attributable to Noncontrolling Interests) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]	'
Beginning balance as of December 31, 2013	($10,794)
Amortization of OCI into interest expense (net of tax benefit of $0)	749
Change in fair value recognized in OCI (net of tax benefit of $0)	-639
Net current-period other comprehensive income	110
Attribution of and other adjustments to OCI attributable to noncontrolling interests	98
Ending balance as of March 31, 2014	-10,586
Amortization of OCI into interest expense, Tax	0
Change in fair value recognized in OCI, Tax	0
Losses reclassified into loss on extinguishment of debt and financing commitments upon discontinuance of cash flow hedges, Tax	0
Gains And Losses On Cash Flow Hedges [Member]	'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'
Beginning balance as of December 31, 2013	-9,876
Amortization of OCI into interest expense (net of tax benefit of $0)	749
Change in fair value recognized in OCI (net of tax benefit of $0)	-428
Net current-period other comprehensive income	321
Attribution of and other adjustments to OCI attributable to noncontrolling interests	31
Ending balance as of March 31, 2014	-9,524
Unrealized Gains And Losses On Available-For-Sale Securities [Member]	'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'
Beginning balance as of December 31, 2013	-918
Change in fair value recognized in OCI (net of tax benefit of $0)	-211
Net current-period other comprehensive income	-211
Attribution of and other adjustments to OCI attributable to noncontrolling interests	67
Ending balance as of March 31, 2014	($1,062)

Hedging_Activities_Gross_Fair_

Hedging Activities (Gross Fair Value of Derivative Financial Instruments as Well as Their Classification) (Details) (USD $)	Mar. 31, 2014		Dec. 31, 2013
In Thousands, unless otherwise specified
Other Assets	'		'
Derivatives, Fair Value [Line Items]	'		'
Asset Derivatives, Fair value, Gross asset	$651	[1]	$748	[1]
Other Liabilities	'		'
Derivatives, Fair Value [Line Items]	'		'
Liability Derivatives, Fair value, Gross liability	-74	[1]	-43	[1]
Designated Hedges | Other Assets	'		'
Derivatives, Fair Value [Line Items]	'		'
Asset Derivatives, Fair value, Gross asset	651		748
Designated Hedges | Other Liabilities	'		'
Derivatives, Fair Value [Line Items]	'		'
Liability Derivatives, Fair value, Gross liability	-74		-43
Designated Hedges | Interest Rate Contract | Other Assets	'		'
Derivatives, Fair Value [Line Items]	'		'
Asset Derivatives, Fair value, Gross asset	651		748
Designated Hedges | Interest Rate Contract | Other Liabilities	'		'
Derivatives, Fair Value [Line Items]	'		'
Liability Derivatives, Fair value, Gross liability	-74		-43
Undesignated hedges | Other Assets	'		'
Derivatives, Fair Value [Line Items]	'		'
Asset Derivatives, Fair value, Gross asset	'		'
Undesignated hedges | Other Liabilities	'		'
Derivatives, Fair Value [Line Items]	'		'
Liability Derivatives, Fair value, Gross liability	'		'
Undesignated hedges | Interest Rate Contract | Other Assets	'		'
Derivatives, Fair Value [Line Items]	'		'
Asset Derivatives, Fair value, Gross asset	'		'
Undesignated hedges | Interest Rate Contract | Other Liabilities	'		'
Derivatives, Fair Value [Line Items]	'		'
Liability Derivatives, Fair value, Gross liability	'		'
[1]	Although our derivative contracts are subject to master netting arrangements which serve as credit mitigants to both us and our counterparties under certain situations, we do not net our derivative fair values or any existing rights or obligations to cash collateral on the consolidated balance sheet.

Hedging_Activities_Effect_of_D

Hedging Activities (Effect of Derivative Financial Instruments on Financial Statements) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Designated Hedges	'	'
Derivative Instruments, Gain (Loss) [Line Items]	'	'
Amount of loss recognized in income due to missed forecast (ineffective portion and amount excluded from effectiveness testing)	'	($27)
Designated Hedges | Interest Expense	'	'
Derivative Instruments, Gain (Loss) [Line Items]	'	'
Amount of loss reclassified from accumulated OCI into income (effective portion)	-749	-645
Designated Hedges | Interest Rate Contract	'	'
Derivative Instruments, Gain (Loss) [Line Items]	'	'
Amount of gain (loss) recognized in OCI (effective portion)	-428	-28
Undesignated hedges	'	'
Derivative Instruments, Gain (Loss) [Line Items]	'	'
Amount of gain (loss) recognized in income	'	'

Fair_Value_of_Financial_Instru2

Fair Value of Financial Instruments (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Carrying (Reported) Amount, Fair Value Disclosure	'	'
Assets:	'	'
Derivative instruments	$651	$748
Liabilities:	'	'
Fixed-rate mortgage notes carried at amortized cost	872,354	969,622
Derivative liabilities	74	43
Carrying (Reported) Amount, Fair Value Disclosure | Real Estate Securities	'	'
Assets:	'	'
Investments in real estate securities	200	461
Carrying (Reported) Amount, Fair Value Disclosure | Fixed-rate debt related investments, net	'	'
Assets:	'	'
Fixed-rate debt related investments, net	69,006	98,724
Carrying (Reported) Amount, Fair Value Disclosure | Floating-rate debt related investments, net	'	'
Assets:	'	'
Floating-rate debt related investments, net	25,174	25,211
Carrying (Reported) Amount, Fair Value Disclosure | Floating-rate mortgage notes	'	'
Liabilities:	'	'
Floating-rate mortgage notes	8,520	8,580
Carrying (Reported) Amount, Fair Value Disclosure | Floating rate mortgages	'	'
Liabilities:	'	'
Floating-rate other secured borrowings	37,842	45,270
Carrying (Reported) Amount, Fair Value Disclosure | Floating Rate Un-Secured Borrowings	'	'
Liabilities:	'	'
Floating-rate unsecured borrowings	270,000	300,000
Estimate of Fair Value, Fair Value Disclosure	'	'
Assets:	'	'
Derivative instruments	651	748
Liabilities:	'	'
Fixed-rate mortgage notes carried at amortized cost	915,607	1,010,085
Derivative liabilities	74	43
Estimate of Fair Value, Fair Value Disclosure | Real Estate Securities	'	'
Assets:	'	'
Investments in real estate securities	200	461
Estimate of Fair Value, Fair Value Disclosure | Fixed-rate debt related investments, net	'	'
Assets:	'	'
Fixed-rate debt related investments, net	71,639	101,012
Estimate of Fair Value, Fair Value Disclosure | Floating-rate debt related investments, net	'	'
Assets:	'	'
Floating-rate debt related investments, net	25,356	24,504
Estimate of Fair Value, Fair Value Disclosure | Floating-rate mortgage notes	'	'
Liabilities:	'	'
Floating-rate mortgage notes	8,524	8,582
Estimate of Fair Value, Fair Value Disclosure | Floating rate mortgages	'	'
Liabilities:	'	'
Floating-rate other secured borrowings	37,842	45,270
Estimate of Fair Value, Fair Value Disclosure | Floating Rate Un-Secured Borrowings	'	'
Liabilities:	'	'
Floating-rate unsecured borrowings	$271,003	$301,690

Related_Party_Transactions_Nar

Related Party Transactions (Narrative) (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Related Party Transactions [Abstract]	'	'
Amount owed to Advisor	$1.40	$1.60

Related_Party_Transactions_Sum

Related Party Transactions (Summary of Fees and Other Amounts Earned by Advisor and Its Related Parties) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Related Party Transaction [Line Items]	'	'
Total	$7,849	$5,164
Asset Management And Advisory Fees.	'	'
Related Party Transaction [Line Items]	'	'
Total	3,743	3,684
Development Management Fees	'	'
Related Party Transaction [Line Items]	'	'
Total	83	55
Other Reimbursements	'	'
Related Party Transaction [Line Items]	'	'
Total	2,038	1,340
Advisory fees related to the disposition of real properties	'	'
Related Party Transaction [Line Items]	'	'
Total	1,908	85
Dealer Manager and Distribution Fees [Member]	'	'
Related Party Transaction [Line Items]	'	'
Total	$77	'

Net_Income_Loss_Per_Common_Sha2

Net Income (Loss) Per Common Share (Details) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2014		Mar. 31, 2013
Numerator	'		'
Income (Loss) from continuing operations	$2,131		($1,753)
(Income) loss from continuing operations attributable to noncontrolling interests	-117		144
Loss from continuing operations attributable to common stockholders	2,014		-1,609
Dilutive noncontrolling interests share of loss from continuing operations	149		-127
Numerator for diluted earnings per share - adjusted loss from continuing operations	2,163		-1,736
Income from discontinued operations	29,857	[1]	-4,113	[1]
Income from discontinued operations attributable to noncontrolling interests	-4,433		355
Income from discontinued operations attributable to common stockholders	25,424		-3,758
Dilutive noncontrolling interests share of discontinued operations	1,886		-297
Numerator for diluted earnings per share - adjusted income from discontinued operations	$27,310		($4,055)
Denominator	'		'
Weighted average shares outstanding-basic	176,873		178,792
Incremental weighted average shares effect of conversion of OP units	13,120		14,135
Weighted average shares outstanding-diluted	189,993		192,927
INCOME (LOSS) PER COMMON SHARE-BASIC AND DILUTED	'		'
Net loss from continuing operations	$0.01		($0.01)
Net income from discontinued operations	$0.14		($0.02)
Net income (loss)	$0.15		($0.03)
[1]	Includes approximately $1.9 million and $85,000, paid to our Advisor for advisory fees associated with the disposition of real properties during the three months ended March 31, 2014 and 2013, respectively.

Segment_Information_Revenue_an

Segment Information (Revenue and Components of Net Operating Income) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014		Mar. 31, 2013
Segment Reporting Information [Line Items]	'		'
Revenues	$57,073		$53,371
Net operating income	43,726		42,475
Office	'		'
Segment Reporting Information [Line Items]	'		'
Revenues	34,202	[1]	29,950	[1]
Net operating income	25,323	[1]	23,126	[1]
Industrial	'		'
Segment Reporting Information [Line Items]	'		'
Revenues	5,814	[1]	6,619	[1]
Net operating income	4,986	[1]	6,131	[1]
Retail	'		'
Segment Reporting Information [Line Items]	'		'
Revenues	15,044	[1]	14,067	[1]
Net operating income	11,404	[1]	10,483	[1]
Debt Related Investments	'		'
Segment Reporting Information [Line Items]	'		'
Revenues	2,013		2,735
Net operating income	$2,013		$2,735
[1]	Excludes results of operations of real properties categorized as discontinued operations.

Segment_Information_Reconcilia

Segment Information (Reconciliation of Net Operating Income to Reported Net Income (Loss)) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014		Mar. 31, 2013
Reconciliation of net operating income attributable to common shareholders	'		'
Net operating income	$43,726		$42,475
Real estate depreciation and amortization expense	-22,350		-21,259
General and administrative expenses	-2,819	[1]	-2,361	[1]
Advisory fees, related party	-3,743		-3,684
Interest and other income (expense)	-78		-104
Interest expense	-16,168		-16,550
Loss on extinguishment of debt and financing commitments	-63		-270
Gain on sale of real property	3,626		'
Discontinued operations, net of taxes	29,857	[2]	-4,113	[2]
Net income attributable to noncontrolling interests	-4,550		499
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS	$27,438		($5,367)
[1]	Includes approximately $1.6 million and $1.0 million, paid to our Advisor and its affiliates for reimbursable expenses during the three months ended March 31, 2014 and 2013, respectively.
[2]	Includes approximately $1.9 million and $85,000, paid to our Advisor for advisory fees associated with the disposition of real properties during the three months ended March 31, 2014 and 2013, respectively.

Segment_Information_Schedule_o

Segment Information (Schedule of Total Assets by Business Segment) (Details) (USD $)	Mar. 31, 2014		Dec. 31, 2013		Mar. 31, 2013	Dec. 31, 2012
Segment assets:	'		'		'	'
Net investments in real property	$1,879,634,000	[1]	$1,924,642,000	[1]	'	'
Debt related investments, net	94,180,000		123,935,000		'	'
Total segment assets, net	1,973,814,000		2,048,577,000		'	'
Non-segment assets:	'		'		'	'
Cash and cash equivalents	81,292,000		24,778,000		36,793,000	36,872,000
Other non-segment assets	103,065,000	[2]	85,878,000	[2]	'	'
Assets held for sale	3,301,000	[3]	146,176,000	[3]	'	'
Total Assets	2,161,472,000		2,305,409,000		'	'
Office	'		'		'	'
Segment assets:	'		'		'	'
Net investments in real property	1,057,115,000		1,092,350,000		'	'
Industrial	'		'		'	'
Segment assets:	'		'		'	'
Net investments in real property	227,221,000		229,787,000		'	'
Retail	'		'		'	'
Segment assets:	'		'		'	'
Net investments in real property	595,298,000		602,505,000		'	'
Debt Related Investments	'		'		'	'
Segment assets:	'		'		'	'
Debt related investments, net	$94,180,000		$123,935,000		'	'
[1]	Includes approximately $81.9 million and $82.4 million, after accumulated depreciation and amortization, in consolidated real property variable interest entity investments as of March 31, 2014 and DecemberB 31, 2013, respectively.
[2]	Other non-segment assets primarily consist of corporate assets including restricted cash and receivables, including straight-line rent receivable.
[3]	Includes approximately $0 and $143.0 million, after accumulated depreciation and amortization, in consolidated real property variable interest entity investments as of March 31, 2014 and DecemberB 31, 2013, respectively.

Subsequent_Events_Narrative_De

Subsequent Events (Narrative) (Details) (Subsequent Event, Restricted Stock Units (RSUs) [Member])	0 Months Ended
	Apr. 07, 2014
Subsequent Event | Restricted Stock Units (RSUs) [Member]	'
Subsequent Event [Line Items]	'
Restricted stock units granted to Advisor	493,575