Corporate Property Associates 17 - Global 10-Q 15 May 15 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2015	8-May-15
Document Entity Information [Abstract]
Document Type	10-Q
Document Period End Date	31-Mar-15
Amendment Flag	FALSE
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	-19
Entity Central Index Key	1390213
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Registrant Name	CORPORATE PROPERTY ASSOCIATES 17 - GLOBAL INC
Entity Voluntary Filers	No
Entity Well Known Seasoned Issuer	No
Entity Common Stock Shares Outstanding		334,298,635

Consolidated_Balance_Sheets_Un

Consolidated Balance Sheets (Unaudited) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Investments in real estate
Real estate, at cost (inclusive of $139,067 and $144,753, respectively, attributable to variable interest entities, or VIEs)	$2,355,962	$2,396,715
Operating real estate, at cost	273,155	272,859
Accumulated depreciation (inclusive of $10,770 and $9,984, respectively, attributable to VIEs)	-205,401	-197,695
Net investments in properties	2,423,716	2,471,879
Real estate under construction	111,011	110,983
Net investments in direct financing leases (inclusive of $246,254 and $245,815, respectively, attributable to VIEs)	474,852	479,425
Net investments in real estate	3,009,579	3,062,287
Equity investments in real estate	532,047	531,000
Cash and cash equivalents (inclusive of $52 and $27, respectively, attributable to VIEs)	129,255	275,719
In-place lease and tenant relationship intangible assets, net (inclusive of $16,122 and $16,348, respectively, attributable to VIEs)	432,880	432,444
Other intangible assets, net	78,256	83,238
Other assets, net (inclusive of $16,285 and $16,536, respectively, attributable to VIEs)	297,323	221,209
Total assets	4,479,340	4,605,897
Liabilities:
Non-recourse debt (inclusive of $191,924 and $193,437, respectively, attributable to VIEs)	1,849,317	1,896,489
Accounts payable, accrued expenses and other liabilities (inclusive of $7,405 and $10,109, respectively, attributable to VIEs)	135,179	141,043
Deferred income taxes (inclusive of $0 and $60, respectively, attributable to VIEs)	11,919	12,234
Below-market rent and other intangible liabilities, net (inclusive of $360 and $365, respectively, attributable to VIEs)	102,291	104,722
Due to affiliates	15,594	12,634
Distributions payable	53,921	53,378
Total liabilities	2,168,221	2,220,500
Commitments and contingencies (Note 12)
CPA®:17 – Global stockholders’ equity:
Preferred stock, $0.001 par value; 50,000,000 shares authorized; none issued	0	0
Common stock, $0.001 par value; 900,000,000 shares authorized; 340,168,558 and 336,843,388 shares issued, respectively; and 331,806,009 and 328,480,839 shares outstanding, respectively	340	337
Additional paid-in-capital	3,063,579	3,033,283
Distributions in excess of accumulated earnings	-607,147	-567,806
Accumulated other comprehensive loss	-145,770	-81,007
Less: treasury stock at cost, 8,362,549 shares	-77,852	-77,852
Total CPA:17 - Global stockholders' equity	2,233,150	2,306,955
Noncontrolling interests	77,969	78,442
Total equity	2,311,119	2,385,397
Total liabilities and equity	$4,479,340	$4,605,897

Consolidated_Balance_Sheets_Un1

Consolidated Balance Sheets (Unaudited) (Parentheticals) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, except Share data, unless otherwise specified
Assets
Real estate, at cost attributable to VIEs	$2,355,962	$2,396,715
Accumulated depreciation attributable to VIEs	-205,401	-197,695
Net investments in direct financing leases	474,852	479,425
Cash and cash equivalents attributable to VIEs	129,255	275,719
In-place lease intangible assets, net attributable to VIEs	432,880	432,444
Other assets, net attributable to VIEs	297,323	221,209
Liabilities:
Non-recourse debt	1,849,317	1,896,489
Accounts payable, attributable to VIEs	135,179	141,043
Deferred income taxes, attributable to VIEs	11,919	12,234
Below-market rent and other intangible liabilities, attributable to VIEs	102,291	104,722
CPA®:17 – Global stockholders’ equity:
Preferred stock, par or stated value per share	$0.00	$0.00
Preferred stock shares authorized	50,000,000	50,000,000
Preferred Stock Shares Issued	0	0
Common stock, par or stated value per share	$0.00	$0.00
Common stock shares authorized	900,000,000	900,000,000
Common stock shares issued	340,168,558	336,843,388
Common stock shares outstanding	331,806,009	328,480,839
Treasury stock shares	8,362,549	8,362,549
Variable Interest Entity Primary Beneficiary Member
Assets
Real estate, at cost attributable to VIEs	139,067	144,753
Accumulated depreciation attributable to VIEs	-10,770	-9,984
Net investments in direct financing leases	246,254	245,815
Cash and cash equivalents attributable to VIEs	52	27
In-place lease intangible assets, net attributable to VIEs	16,122	16,348
Other assets, net attributable to VIEs	16,285	16,536
Liabilities:
Non-recourse debt	191,924	193,437
Accounts payable, attributable to VIEs	7,405	10,109
Deferred income taxes, attributable to VIEs	0	60
Below-market rent and other intangible liabilities, attributable to VIEs	$360	$365

Consolidated_Statements_of_Inc

Consolidated Statements of Income (Unaudited) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Lease revenues:
Rental income	$63,377	$63,105
Interest income from direct financing leases	13,480	13,538
Total lease revenues	76,857	76,643
Other real estate income	11,838	16,334
Other operating income	7,761	6,691
Other interest income	2,294	1,481
Gross Revenues	98,750	101,149
Operating Expenses
Depreciation and amortization	25,564	25,840
Property expenses	17,890	16,169
General and administrative	4,843	6,201
Other real estate expenses	4,641	9,184
Acquisition expenses	603	1,129
Impairment charge	567	0
Operating Expenses, Total	54,108	58,523
Other Income and Expenses
Equity in earnings (losses) of equity method investments in real estate	3,215	-2,864
Other income and (expenses)	-3,394	683
Interest expense	-22,025	-23,329
Nonoperating income expense	-22,204	-25,510
Income before income taxes and gain on sale of real estate	22,438	17,116
Provision for income taxes	-791	-638
Income before gain on sale of real estate	21,647	16,478
Gain on sale of real estate, net of tax	2,197	0
Net Income	23,844	16,478
Net income attributable to noncontrolling interests (inclusive of Available Cash Distributions to a related party of $6,064 and $4,679, respectively)	-9,264	-7,677
Net income attributable to CPA:17 - Global	$14,580	$8,801
Net income attributable to CPA:17 - Global (usd per share)	$0.04	$0.03
Weighted-Average Shares Outstanding	331,058,291	319,740,857
Distributions Declared Per Share	$0.16	$0.16

Consolidated_Statements_of_Inc1

Consolidated Statements of Income (Unaudited) (Parentheticals) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Income Statement [Abstract]
Available Cash Distribution	$6,064	$4,679

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (Unaudited) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Statement of Comprehensive Income [Abstract]
Net Income	$23,844	$16,478
Other Comprehensive Loss
Foreign currency translation adjustments	-88,730	-1,060
Change in net unrealized gain (loss) on derivative instruments	22,736	-2,511
Change in unrealized gain on marketable securities	7	24
Total other comprehensive loss	-65,987	-3,547
Comprehensive (Loss) Income	-42,143	12,931
Amounts Attributable to Noncontrolling Interests
Net income	-9,264	-7,677
Change in net unrealized gain on derivative instruments	0	-149
Foreign currency translation adjustments	1,224	4
Comprehensive income attributable to noncontrolling interests	-8,040	-7,822
Comprehensive (Loss) Income Attributable to CPA:17 - Global	($50,183)	$5,109

Consolidated_Statements_of_Equ

Consolidated Statements of Equity (Unaudited) (USD $)	Total	Common Stock	Additional Paid-In-Capital	Distributions in Excess of Accumulated Earnings	Accumulated Other Comprehensive Loss	Treasury Stock	Total CPA:17 - Global Stockholders	Noncontrolling Interest
In Thousands, except Share data, unless otherwise specified
Beginning equity balance, value at Dec. 31, 2013	$2,485,724	$323	$2,904,927	($431,095)	($13,442)	($52,477)	$2,408,236	$77,488
Beginning equity balance, shares at Dec. 31, 2013		317,353,899
Shares issued, net of offering costs, value	24,967	2	24,965				24,967
Shares issued, net of offering costs, shares		2,629,268
Shares issued to affiliates, value	6,360	1	6,359				6,360
Shares issued to affiliates, shares		659,136
Distributions declared	-52,040			-52,040			-52,040
Distributions to noncontrolling interests	-7,139							-7,139
Net income	16,478			8,801			8,801	7,677
Other comprehensive loss:
Foreign currency translation adjustments	-1,060				-1,056		-1,056	-4
Change in net unrealized loss on derivative instruments	-2,511				-2,660		-2,660	149
Change in unrealized gain on marketable securities	24				24		24
Repurchase of shares, value	-3,554					-3,554	-3,554
Repurchase of shares, shares		-392,469
Ending equity balance, value at Mar. 31, 2014	2,467,249	326	2,936,251	-474,334	-17,134	-56,031	2,389,078	78,171
Ending equity balance, shares at Mar. 31, 2014		320,249,834
Beginning equity balance, value at Dec. 31, 2014	2,385,397	337	3,033,283	-567,806	-81,007	-77,852	2,306,955	78,442
Beginning equity balance, shares at Dec. 31, 2014	328,480,839	328,480,839
Shares issued, net of offering costs, value	25,668	2	25,666				25,668
Shares issued, net of offering costs, shares		2,843,332
Shares issued to affiliates, value	4,631	1	4,630				4,631
Shares issued to affiliates, shares		481,838
Distributions declared	-53,921			-53,921			-53,921
Distributions to noncontrolling interests	-8,513						0	-8,513
Net income	23,844			14,580			14,580	9,264
Other comprehensive loss:
Foreign currency translation adjustments	-88,730				-87,506		-87,506	-1,224
Change in net unrealized loss on derivative instruments	22,736				22,736		22,736	0
Change in unrealized gain on marketable securities	7				7		7
Ending equity balance, value at Mar. 31, 2015	$2,311,119	$340	$3,063,579	($607,147)	($145,770)	($77,852)	$2,233,150	$77,969
Ending equity balance, shares at Mar. 31, 2015	331,806,009	331,806,009

Consolidated_Statements_of_Equ1

Consolidated Statements of Equity (Unaudited) (Parentheticals) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Stock Transactions, Parenthetical Disclosures [Abstract]
Distributions Declared Per Share	$0.16	$0.16

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (Unaudited) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Cash Flow - Operating Activities
Net Cash Provided by Operating Activities	$55,520	$46,143
Cash Flows - Investing Activities
Acquisitions of real estate	-86,857	-10,523
Funding of loans receivable	-42,600	0
Capital contributions to equity investments in real estate	-25,566	-114,030
Value added taxes paid in connection with acquisition of real estate	-14,714	0
Funding for build-to-suit projects	-6,894	-19,977
Return of capital from equity investments in real estate	6,731	10,835
Changes in investing restricted cash	4,880	-18,193
Payment of deferred acquisition fees to an affiliate	-2,676	-2,818
Value added taxes refunded in connection with acquisition of real estate	652	114
Proceeds from repayment of loans receivable	632	0
Payment of deferred acquisition fees to an affiliate	0	-31
Net Cash Used in Investing Activities	-166,412	-154,623
Cash Flows - Financing Activities
Distributions paid	-53,378	-51,569
Proceeds from issuance of shares, net of issuance costs	25,670	24,968
Proceeds from mortgage financing	17,041	44,998
Distributions to noncontrolling interests	-8,513	-7,139
Scheduled payments and prepayments of mortgage principal	-6,639	-27,232
Changes in financing restricted cash	-1,087	-2,308
Payment of financing costs and mortgage deposits, net of deposits refunded	-270	-517
Purchase of treasury stock	0	-3,554
Net Cash Used in Financing Activities	-27,176	-22,353
Change in Cash and Cash Equivalents During the Period
Effect of exchange rate changes on cash	-8,396	263
Net decrease in cash and cash equivalents	-146,464	-130,570
Cash and cash equivalents, beginning of period	275,719	418,108
Cash and cash equivalents, end of period	$129,255	$287,538

Organization

Organization	3 Months Ended
	Mar. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Offering	Organization
	Corporate Property Associates 17 – Global Incorporated, or CPA®:17 – Global, and, together with its consolidated subsidiaries, we, us, or our, is a publicly-owned, non-listed real estate investment trust, or REIT, that invests primarily in commercial real estate properties leased to companies both domestically and internationally. We were formed in 2007 and are managed by W. P. Carey Inc., or WPC, through one of its subsidiaries, or collectively the advisor. As a REIT, we are not subject to U.S. federal income taxation as long as we satisfy certain requirements, principally relating to the nature of our income, the level of our distributions, and other factors. We earn revenue principally by leasing the properties we own to single corporate tenants, primarily on a triple-net lease basis, which generally requires the tenant to pay substantially all of the costs associated with operating and maintaining the property. Revenue is subject to fluctuation because of the timing of new lease transactions, lease terminations, lease expirations, contractual rent adjustments, tenant defaults, sales of properties, and changes in foreign currency exchange rates.
	Substantially all of our assets and liabilities are held by CPA®:17 Limited Partnership, or the Operating Partnership, and at March 31, 2015, we owned 99.99% of general and limited partnership interests in the Operating Partnership. The remaining interest in the Operating Partnership is held by a subsidiary of WPC.
	At March 31, 2015, our portfolio was comprised of full or partial ownership interests in 368 fully-occupied properties, substantially all of which were triple-net leased to 113 tenants, and totaled approximately 38 million square feet. In addition, our portfolio was comprised of full or partial ownership interests in 72 operating properties, including 71 self-storage properties and one hotel property, for an aggregate of approximately 5 million square feet. As opportunities arise, we may also make other types of commercial real estate-related investments.

Revisions_of_PreviouslyIssued_

Revisions of Previously-Issued Financial Statements	3 Months Ended
	Mar. 31, 2015
Accounting Changes and Error Corrections [Abstract]
Revisions of Previously-Issued Financial Statements	Revisions of Previously-Issued Financial Statements
	In the course of preparing our 2014 consolidated financial statements, we discovered an error related to our accounting for a subsidiary’s functional currency. We corrected this error, and other errors previously recorded as out-of-period adjustments, and revised our consolidated financial statements for all prior periods impacted. Accordingly, our financial results for the three months ended March 31, 2014 presented herein have been revised for the correction of such errors as follows (in thousands, except share and per share amounts):
	Consolidated Statement of Income
		Three Months Ended March 31, 2014
		As Reported				Revisions				As Revised
	Revenues
	Total revenues	$	101,149			$	—			$	101,149
	Operating Expenses
	Total operating expenses	58,523				—				58,523
	Other Income and Expenses
	Equity in losses of equity method investments in real estate	(3,249		)		385				(2,864		)
	Other income and (expenses)	952				(269		)		683
	Interest expense	(23,329		)		—				(23,329		)
		(25,626		)		116				(25,510		)
	Income before income taxes	17,000				116				17,116
	Provision for income taxes	(696		)		58				(638		)
	Net Income	16,304				174				16,478
	Net income attributable to noncontrolling interests	(7,677		)		—				(7,677		)
	Net Income Attributable to CPA®:17 – Global	$	8,627			$	174			$	8,801
	Earnings Per Share	$	0.03			$	—			$	0.03
	Weighted-Average Shares Outstanding	319,740,857								319,740,857
	Consolidated Statement of Comprehensive Income
		Three Months Ended March 31, 2014
		As Reported				Revisions				As Revised
	Net Income	$	16,304			$	174			$	16,478
	Other Comprehensive Loss
	Foreign currency translation adjustments	(1,390		)		330				(1,060		)
	Change in net unrealized loss on derivative instruments	(2,451		)		(60		)		(2,511		)
	Change in unrealized gain on marketable securities	24				—				24
		(3,817		)		270				(3,547		)
	Comprehensive Income	12,487				444				12,931
	Amounts Attributable to Noncontrolling Interests
	Net income	(7,677		)		—				(7,677		)
	Foreign currency translation adjustments	4				—				4
	Change in net unrealized gain on derivative instruments	(149		)		—				(149		)
	Comprehensive income attributable to noncontrolling interests	(7,822		)		—				(7,822		)
	Comprehensive Income Attributable to CPA®:17 – Global	$	4,665			$	444			$	5,109
	Consolidated Statement of Equity
		CPA®:17 – Global
	Balance at January 1, 2014	Total			Common				Additional				Distributions			Accumulated			Treasury			Total		Noncontrolling		Total
		Outstanding			Stock				Paid-In				in Excess of			Other			Stock			CPA®:17		Interests
		Shares							Capital				Accumulated			Comprehensive						– Global
													Earnings (a)			Loss						Stockholders
	As Reported	317,353,899			$	323			$	2,904,927			$	(439,688	)	$	(5,275	)	$	(52,477	)	$	2,407,810	$	77,488	$	2,485,298
	Revisions	—			—				—				8,593			(8,167		)	—			426		—		426
	As Revised	317,353,899			$	323			$	2,904,927			$	(431,095	)	$	(13,442	)	$	(52,477	)	$	2,408,236	$	77,488	$	2,485,724
	__________
	(a)	The amount previously reported also reflects changes to prior period amounts related to the change in accounting for our investment in BG LLH, LLC, as more fully described in Note 3.
	Description of the Errors and Revisions
	In the fourth quarter of 2014, we identified an error in the consolidated financial statements related to the accounting for foreign currency matters. We identified that one of our consolidated subsidiary’s functional currency had been incorrectly designated as the euro instead of the U.S. dollar since the subsidiary was formed in 2009. As a result, the applicable financial results of this entity were being translated when they should have been remeasured. The correction of this error resulted in the recognition of foreign currency gains within the consolidated statements of income, specifically within Other income and (expenses), instead of as foreign currency translation adjustments within the consolidated statements of comprehensive income. We concluded that these revision adjustments were not material to our financial position or results of operations for 2014 or any of the prior periods and revised the prior period presented herein to reflect the correction of this error. These revision adjustments resulted in a decrease in Other income and (expenses) of $0.3 million for the three months ended March 31, 2014. The impact of these revision adjustments on both Distributions in excess of accumulated earnings and Accumulated other comprehensive loss was $8.1 million at January 1, 2014.
	In connection with the error identified above, we also made adjustments to reflect the correction of other out-of-period adjustments identified during 2014, 2013, 2012, and 2011 to record these adjustments in the applicable prior periods. We concluded that none of the following revision adjustments were material to our financial position or results of operations for any of the periods presented:
	•	In 2014, we identified a classification error on one of our derivative instruments. Accordingly, we reclassified its associated mark-to-market adjustments during 2014, 2013, and 2012 from Change in net unrealized gain (loss) on derivative instruments to Foreign currency translation adjustments within the consolidated statements of equity and comprehensive income. There was no impact to Other comprehensive loss or Comprehensive income for the three months ended March 31, 2014. There was no impact on Total equity at January 1, 2014 related to this reclassification.
	•	In the first quarter of 2014, we changed the accounting related to deferred foreign income taxes for one of our equity investments in real estate and we identified an additional tax-paying entity related to another of our equity investments in real estate. In the fourth quarter of 2013, we identified an error in the consolidated financial statements related to accounting for deferred foreign income taxes in connection with the acquisition of 15 properties acquired during 2008 through 2012. These revision adjustments resulted in a decrease in Equity in losses of equity method investments in real estate of $0.4 million and a decrease in Provision for income taxes of less than $0.1 million for the three months ended March 31, 2014. The impact of these revision adjustments on Distributions in excess of accumulated earnings and Accumulated other comprehensive loss was $0.5 million and less than $0.1 million, respectively, at January 1, 2014.
	Statement of Cash Flows
	These revisions resulted in a decrease of Net cash provided by operating activities of $0.5 million and a corresponding decrease of Net cash used in investing activities of $0.5 million in the statement of cash flows for the three months ended March 31, 2014. These revisions had no impact on Net cash provided by financing activities in the statement of cash flows for the three months ended March 31, 2014.

Basis_of_Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation
	Basis of Presentation
	Our interim consolidated financial statements have been prepared in accordance with the instructions to Form 10-Q and, therefore, do not necessarily include all information and footnotes necessary for a fair statement of our consolidated financial position, results of operations, and cash flows in accordance with accounting principles generally accepted in the United States, or GAAP.
	In the opinion of management, the unaudited financial information for the interim periods presented in this Report reflects all normal and recurring adjustments necessary for a fair statement of financial position, results of operations, and cash flows. Our interim consolidated financial statements should be read in conjunction with our audited consolidated financial statements and accompanying notes for the year ended December 31, 2014, which are included in the 2014 Annual Report, as certain disclosures that would substantially duplicate those contained in the audited consolidated financial statements have not been included in this Report. Operating results for interim periods are not necessarily indicative of operating results for an entire year.
	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts and the disclosure of contingent amounts in our consolidated financial statements and the accompanying notes. Actual results could differ from those estimates.
	Basis of Consolidation
	Our consolidated financial statements reflect all of our accounts, including those of our controlled subsidiaries and our tenancy-in-common interest, as described below. The portion of equity in a consolidated subsidiary that is not attributable, directly or indirectly, to us is presented as noncontrolling interests. All significant intercompany accounts and transactions have been eliminated.
	At March 31, 2015, we had an investment in a tenancy-in-common interest in various underlying international properties. Consolidation of this investment is not required as such interest does not qualify as a VIE and does not meet the control requirement required for consolidation. Accordingly, we account for this investment using the equity method of accounting. We use the equity method of accounting because the shared decision-making involved in a tenancy-in-common interest investment provides us with significant influence on the operating and financial decisions of this investment.
	We apply accounting guidance for consolidation of VIEs to certain entities in which the equity investors do not have the characteristics of a controlling financial interest or do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support from other parties. Fixed price purchase and renewal options within a lease as well as certain decision-making rights within a loan can cause us to consider an entity a VIE.
	We previously determined that the developer entity of our Agrokor d.d. build-to-suit investment, referred to as Agrokor 4, was a VIE and that we were its primary beneficiary. During the three months ended March 31, 2015, in connection with the completion of the build-to-suit project, we acquired the shares of the developer entity, and it is no longer a VIE.
	Additionally, we own interests in single-tenant, net-leased properties leased to companies through noncontrolling interests in partnerships and limited liability companies that we do not control, but over which we exercise significant influence. We account for these investments under the equity method of accounting. At times, the carrying value of our equity investments may fall below zero for certain investments. We intend to fund our share of the jointly-owned investments’ future operating deficits should the need arise. However, we have no legal obligation to pay for any of the liabilities of such investments nor do we have any legal obligation to fund operating deficits. At March 31, 2015, none of our equity investments had carrying values below zero.
	Reclassifications
	Certain prior period amounts have been reclassified to conform to the current period presentation.
	Changes to Prior Period Amounts
	In accordance with the accounting guidance for equity method investments under Accounting Standards Codification, or ASC, 323-10-35-33, Increase in Level of Ownership or Degree of Influence, during 2014 we assessed our accounting for our investment in BG LLH, LLC, one of our cost method investments. Upon acquiring additional voting stock in the investment during 2014, we were required to account for our total investment in BG LLH, LLC under the equity method of accounting. In accordance with ASC 323-10-35-33, we have adjusted our financial statements retrospectively as if the equity method of accounting had been in effect during all previous periods in which the investment was held. The impact of this change on retained earnings at January 1, 2014 was $1.3 million.
	Recent Accounting Requirements
	The following Accounting Standards Updates, or ASUs, promulgated by the Financial Accounting Standards Board, are applicable to us:
	ASU 2015-03, Interest-Imputation of Interest (Subtopic 835-30). ASU 2015-03 changes the presentation of debt issuance costs, which are currently recognized as a deferred charge (that is, an asset) and requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. ASU 2015-03 does not affect the recognition and measurement guidance for debt issuance costs. ASU 2015-03 is effective for periods beginning after December 15, 2015, early adoption is permitted and retrospective application is required. We are currently evaluating the impact of ASU 2015-03 on our consolidated financial statements.
	ASU 2014-09, Revenue from Contracts with Customers (Topic 606). ASU 2014-09 is a comprehensive new revenue recognition model requiring a company to recognize revenue to depict the transfer of goods or services to a customer at an amount reflecting the consideration it expects to receive in exchange for those goods or services. ASU 2014-09 does not apply to our lease revenues, but will apply to reimbursed tenant costs and revenues generated from our operating properties. Additionally, this guidance modifies disclosures regarding the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. In April 2015, the Financial Accounting Standards Board issued a proposed ASU to defer the effective date of ASU 2014-09 by one year. Under the proposal, ASU 2014-09 would be effective beginning in 2018, and early adoption is permitted but not before 2017, the original public company effective date. We are currently evaluating the impact of ASU 2014-09 on our consolidated financial statements and have not yet determined the method by which we will adopt the standard.

Agreements_and_Transactions_wi

Agreements and Transactions with Related Parties	3 Months Ended
	Mar. 31, 2015
Related Party Transactions [Abstract]
Agreements and Transactions with Related Parties	Agreements and Transactions with Related Parties
	Transactions with the Advisor
	We have an advisory agreement with the advisor whereby the advisor performs certain services for us under a fee arrangement. The current advisory agreement is scheduled to expire on December 31, 2015 and is scheduled to renew annually thereafter with our approval. We also have certain agreements with affiliates regarding jointly-owned investments. In addition, we reimburse the advisor for general and administrative duties performed on our behalf.
	The following tables present a summary of fees we paid, expenses we reimbursed, and distributions we made to the advisor and other affiliates in accordance with the advisory agreement and the operating partnership agreement (in thousands):
		Three Months Ended March 31,
		2015		2014
	Amounts Included in the Consolidated Statements of Income
	Asset management fees	$	7,142	$	6,620
	Available Cash Distribution	6,064		4,679
	Personnel and overhead reimbursements	3,456		3,499
	Acquisition expenses	430		893
	Interest expense on deferred acquisition fees and loan from affiliate	73		151
		$	17,165	$	15,842
	Acquisition Fees Capitalized
	Current acquisition fees	$	2,434	$	5
	Deferred acquisition fees	1,729		8
		$	4,163	$	13
	The following table presents a summary of amounts included in Due to affiliates (in thousands):
		March 31, 2015		December 31, 2014
	Due to Affiliates
	Deferred acquisition fees, including interest	$	5,630	$	9,394
	Asset management fees payable	4,795		2,283
	Reimbursable costs	3,214		228
	Accounts payable	1,651		527
	Subordinated disposition fees	202		202
	Current acquisition fees	102		—
		$	15,594	$	12,634
	Acquisition and Disposition Fees
	We pay the advisor acquisition fees for structuring and negotiating investments and related mortgage financing on our behalf, a portion of which is payable upon acquisition of investments with the remainder subordinated to the achievement of a preferred return, which is a non-compounded cumulative distribution of 5% per annum (based initially on our invested capital). Acquisition fees payable to the advisor with respect to our long-term, net-lease investments are 4.5% of the total cost of those investments and are comprised of a current portion of 2.5%, typically paid upon acquisition, and a deferred portion of 2%, typically paid over three years and subject to the 5% preferred return described above. For certain types of investments that are not considered long-term, net-lease investments, initial acquisition fees may range from 0% to 1.75% of the equity invested plus the related acquisition fees, with no portion of the payment being deferred. Unpaid installments of deferred acquisition fees are included in Due to affiliates in the consolidated financial statements. Unpaid installments of deferred acquisition fees bear interest at an annual rate of 5%.
	The advisor may be entitled to receive a disposition fee in an amount equal to the lesser of (i) 50.0% of the competitive real estate commission (as defined in the advisory agreement) or (ii) 3.0% of the contract sales price of the investment being sold; however, payment of such fees is subordinated to the 5% preferred return. These fees, which are paid at the discretion of our board of directors, are deferred and are payable to the advisor only in connection with a liquidity event.
	Asset Management Fees and Available Cash Distribution
	As defined in the advisory agreement, we pay the advisor asset management fees that vary based on the nature of the underlying investment. We pay 0.5% per annum of average market value for long-term net leases and certain other types of real estate investments, and 1.5% to 1.75% per annum of average equity value for certain types of securities. For 2015, the asset management fees are payable in cash or shares of our common stock at our option, after consultation with the advisor. For 2014, the asset management fees were payable in cash or shares of our common stock at the option of the advisor. If the advisor receives all or a portion of its fees in shares, the number of shares issued is determined by dividing the dollar amount of fees by our most recently published estimated net asset value per share, or NAV, which was $9.72 as of December 31, 2014. For 2015, we elected to pay the advisor 50% of its asset management fees in cash and 50% in shares of our common stock. For 2014, the advisor elected to receive its asset management fees in shares of our common stock. At March 31, 2015, the advisor owned 9,273,355 shares (2.8%) of our common stock. We also distribute to the advisor, depending on the type of investments we own, up to 10% of available cash of the Operating Partnership, referred to as the Available Cash Distribution, which is defined as cash generated from operations, excluding capital proceeds, as reduced by operating expenses and debt service, excluding prepayments and balloon payments. Asset management fees and Available Cash Distributions are included in Property expenses and Net income attributable to noncontrolling interests, respectively, in the consolidated financial statements.
	Personnel and Overhead Reimbursements
	Under the terms of the advisory agreement, the advisor allocates a portion of its personnel and overhead expenses to us and the other publicly-owned, non-listed REITs that are managed by the advisor, including Corporate Property Associates 18 – Global Incorporated, which we refer to as CPA®:18 – Global or, together with us, as the CPA® REITs, and Carey Watermark Investors Incorporated, or CWI. The advisor allocates these expenses on the basis of our trailing four quarters of reported revenues and those of WPC, CPA®:18 – Global, and CWI.
	We reimburse the advisor for various expenses it incurs in the course of providing services to us. We reimburse certain third-party expenses paid by the advisor on our behalf, including property-specific costs, professional fees, office expenses, and business development expenses. In addition, we reimburse the advisor for the allocated costs of personnel and overhead in managing our day-to-day operations, including accounting services, stockholder services, corporate management, and property management and operations. We do not reimburse the advisor for the cost of personnel if these personnel provide services for transactions for which the advisor receives a transaction fee, such as acquisitions and dispositions. Under the advisory agreement currently in place, in 2015 and 2016, the amount of personnel costs (excluding costs related to the advisor’s legal transactions group) allocated to us is capped at 2.4% and 2.2%, respectively, of pro rata lease revenues for each year. Beginning in 2017, the cap decreases to 2.0% of pro rata lease revenues for that year. Costs related to the legal transactions group are based on a schedule of expenses for different types of transactions, including 0.25% of the total investment cost of an acquisition. Personnel and overhead reimbursements are included in General and administrative expenses in the consolidated financial statements.
	The advisor is obligated to reimburse us for the amount by which our operating expenses exceeds the “2%/25% guidelines” (the greater of 2% of average invested assets or 25% of net income) as defined in the advisory agreement for any 12-month period. If in any year our operating expenses exceed the 2%/25% guidelines, the advisor will have an obligation to reimburse us for such excess, subject to certain conditions. If our independent directors find that the excess expenses were justified based on any unusual and nonrecurring factors that they deem sufficient, the advisor may be paid in future years for the full amount or any portion of such excess expenses, but only to the extent that the reimbursement would not cause our operating expenses to exceed this limit in any such year. We record the reimbursement as a reduction of asset management fees at such time that a reimbursement is fixed, determinable and irrevocable. Our operating expenses have not exceeded the amount that would require the advisor to reimburse us.
	Loans from WPC
	In March 2015, our board of directors and the board of directors of WPC approved unsecured loans from WPC to us of up to $75.0 million, in the aggregate, at a rate equal to the rate at which WPC is able to borrow funds under its senior credit facility, for the purpose of facilitating acquisitions approved by the advisor’s investment committee that we would not otherwise have sufficient available funds to complete, with any loans to be made solely at the discretion of the management of WPC. As of March 31, 2015, no loans were outstanding.
	Jointly-Owned Investments and Other Transactions with Affiliates
	At March 31, 2015, we owned interests ranging from 7% to 97% in jointly-owned investments, with the remaining interests held by affiliates or by third parties. We consolidate certain of these investments and account for the remainder under the equity method of accounting. We also owned an interest in a jointly-controlled tenancy-in-common interest in several properties, which we account for under the equity method of accounting (Note 7).

Net_Investments_in_Properties_

Net Investments in Properties and Real Estate Under Construction	3 Months Ended
	Mar. 31, 2015
Real Estate [Abstract]
Net Investments in Properties and Real Estate Under Construction	Net Investments in Properties and Real Estate Under Construction
	Real Estate
	Real estate, which consists of land and buildings leased to others, at cost, and which are subject to operating leases, is summarized as follows (in thousands):
		March 31, 2015			December 31, 2014
	Land	$	499,493		$	513,172
	Buildings	1,856,469			1,883,543
	Less: Accumulated depreciation	(181,175		)	(175,478		)
		$	2,174,787		$	2,221,237
	The impact on the carrying value of our Real estate due to the strengthening of the U.S. dollar relative to foreign currencies during the three months ended March 31, 2015 was a $100.9 million decrease from December 31, 2014 to March 31, 2015.
	Acquisitions of Real Estate During 2015
	During the three months ended March 31, 2015, we entered into the following investments, which were deemed to be real estate asset acquisitions because we acquired the sellers’ properties and simultaneously entered into new leases in connection with these acquisitions, at a total cost of $86.0 million, including net lease intangibles of $25.8 million (Note 8) and acquisition-related costs and fees of $4.3 million, which were capitalized:
	•	$22.2 million for an office facility in San Antonio, Texas on January 16, 2015; and
	•	$63.8 million for two warehouse facilities in Mszczonów and Tomaszów Mazowiecki, Poland on February 26, 2015 (dollar amount is based on the exchange rate of the euro on the date of acquisition).
	During the three months ended March 31, 2015, we placed into service amounts totaling $4.8 million related to two build-to-suit projects and capitalized $2.8 million of building improvements with existing tenants.
	Operating Real Estate
	Operating real estate, which consists of our self-storage operations, at cost, is summarized as follows (in thousands):
		March 31, 2015			December 31, 2014
	Land	$	66,066		$	66,066
	Buildings	207,089			206,793
	Less: Accumulated depreciation	(24,226		)	(22,217		)
		$	248,929		$	250,642
	Partial Sale
	On December 1, 2011, we entered into a contract with I Shops LLC, a real estate developer, to finance the renovation of a hotel and construction of a shopping center in Orlando, Florida. As a result of the terms of that agreement, we consolidated the hotel and the shopping center. Additionally, as a condition to providing the construction loan, we entered into a contract with the developer that granted us the option to acquire a 15% equity interest in the parent company that owns I Shops LLC. However, we did not exercise the option and it expired on January 31, 2015.
	On April 24, 2014, upon the substantial repayment of the construction loan by the developer, we deconsolidated our investment in the hotel as it no longer met the criteria for consolidation, which was accounted for as a partial sale due to our option to repurchase a 15% equity interest in the parent entity. The related gain on sale of real estate was $14.6 million, of which $12.4 million, or 85%, we recognized during the three months ended June 30, 2014 and $2.2 million, or 15%, we deferred until the purchase option to acquire a 15% equity interest in the parent company that owns I Shops LLC was either exercised or expired, in accordance with ASC 360-20-40-3, Criteria for Recognizing Profit on Sales of Real Estate Under Full Accrual Method. We recognized the $2.2 million gain on sale of real estate during the three months ended March 31, 2015, after the option expired without being exercised on January 31, 2015. In accordance with ASU 2014-08, the results of operations for assets related to the partial sale are included in continuing operations in the consolidated financial statements.
	Real Estate Under Construction
	The following table provides the activity of our Real estate under construction (in thousands):
		Three Months Ended			Year Ended
		March 31, 2015			December 31, 2014
	Beginning balance	$	110,983		$	127,935
	Capitalized funds	5,306			74,420
	Placed into service	(4,814		)	(96,807		)
	Foreign currency translation adjustments, building improvements, and other	(1,616		)	(1,226		)
	Capitalized interest	1,152			6,661
	Ending balance	$	111,011		$	110,983
	Capitalized Funds
	During the three months ended March 31, 2015, total capitalized funds were primarily comprised of $4.0 million in construction draws related to four existing build-to-suit projects and $1.3 million for the initial funding of one new build-to-suit project, which is an expansion on a property acquired in a prior year.
	During the year ended December 31, 2014, costs attributable to seven build-to-suit projects comprised the balance of Real estate under construction, including capitalized acquisition-related costs and fees related to two new build-to-suit projects of $1.6 million.
	Placed into Service
	During the three months ended March 31, 2015, we placed amounts totaling $4.8 million into service related to two build-to-suit projects. As of March 31, 2015, one project was completed and one project was partially completed.
	During the year ended December 31, 2014, we placed four build-to-suit projects into service, of which three were completed and one was partially completed as of December 31, 2014, in the amount of $96.8 million. Of the total, $81.9 million was reclassified to Real estate, at cost, and $14.9 million was reclassified to Operating real estate, at cost.
	Capitalized Interest
	Capitalized interest includes amortization of the mortgage discount and deferred financing costs and interest costs incurred during construction, totaling $1.2 million and $6.7 million for the three months ended March 31, 2015 and the year ended December 31, 2014, respectively.
	Ending Balance
	At March 31, 2015, we had three open build-to-suit projects. At December 31, 2014, we had two open build-to-suit projects. The aggregate unfunded commitment on the remaining open projects totaled approximately $19.6 million and $12.5 million at March 31, 2015 and December 31, 2014, respectively.

Finance_Receivables

Finance Receivables	3 Months Ended
	Mar. 31, 2015
Receivables [Abstract]
Finance Receivables	Finance Receivables
	Assets representing rights to receive money on demand or at fixed or determinable dates are referred to as finance receivables. Our finance receivables portfolio consists of our Net investments in direct financing leases and Loans receivable. Operating leases are not included in finance receivables as such amounts are not recognized as assets in the consolidated financial statements. Our Loans receivable are included in Other assets, net in the consolidated financial statements. Earnings from our Loans receivable are included in Other interest income in the consolidated financial statements.
	Loans Receivable
	127 West 23rd Manager, LLC
	On February 3, 2015, we provided financing of $12.6 million to a subsidiary of 127 West 23rd Manager, LLC for the acquisition of a building in New York, New York that is intended to be developed as a hotel. The loan has an interest rate of 7% and matures on February 3, 2016. In connection with this transaction, we expensed acquisition-related costs and fees of $0.1 million, which are included in Acquisition expenses in the consolidated financial statements. At March 31, 2015, the balance of the note receivable was $12.6 million.
	1185 Broadway LLC
	On January 8, 2015, we provided a mezzanine loan of $30.0 million to a subsidiary of 1185 Broadway LLC for the development of a hotel on a parcel of land in New York, New York. The mezzanine loan is collateralized by an equity interest in a subsidiary of 1185 Broadway LLC, has an interest rate of 10%, and matures on January 8, 2016. In connection with this transaction, we expensed acquisition-related costs and fees of $0.3 million, which are included in Acquisition expenses in the consolidated financial statements. At March 31, 2015, the balance of the note receivable was $30.0 million.
	China Alliance Properties Limited
	On December 14, 2010, we provided financing of $40.0 million to China Alliance Properties Limited, a subsidiary of Shanghai Forte Land Co., Ltd. The financing was provided through a collateralized loan that is guaranteed by Shanghai Forte Land Co., Ltd.’s parent company, Fosun International Limited, has an interest rate of 11%, and matures on December 14, 2015. At both March 31, 2015 and December 31, 2014, the balance of the note receivable was $40.0 million.
	Credit Quality of Finance Receivables
	We generally seek investments in facilities that we believe are critical to a tenant’s business and that we believe have a low risk of tenant default. At both March 31, 2015 and December 31, 2014, none of the balances of our finance receivables were past due and we had not established any allowances for credit losses. Additionally, there were no modifications of finance receivables during the three months ended March 31, 2015 or the year ended December 31, 2014. We evaluate the credit quality of our finance receivables utilizing an internal five-point credit rating scale, with one representing the highest credit quality and five representing the lowest. The credit quality evaluation of our finance receivables was last updated in the first quarter of 2015.
	A summary of our net investments in direct financing leases by internal credit quality rating is as follows (dollars in thousands):
		Number of Tenants / Obligors at		Net Investments in Direct Financing Leases Carrying Value at
	Internal Credit Quality Indicator	March 31, 2015	December 31, 2014	March 31, 2015		December 31, 2014
	1	—	—	$	—	$	—
	2	1	1	2,260		2,259
	3	8	8	384,431		389,245
	4	3	3	88,161		87,921
	5	—	—	—		—
				$	474,852	$	479,425
	A summary of our loans receivable by internal credit quality rating is as follows (dollars in thousands):
		Number of Tenants / Obligors at		Loans Receivable Carrying Value at
	Internal Credit Quality Indicator	March 31, 2015	December 31, 2014	March 31, 2015		December 31, 2014
	1	—	—	$	—	$	—
	2	—	—	—		—
	3	3	1	82,600		40,000
	4	—	—	—		—
	5	—	—	—		—
				$	82,600	$	40,000
	At March 31, 2015 and December 31, 2014, Other assets, net included $0.5 million and $0.6 million, respectively, of accounts receivable related to amounts billed under our direct financing leases.

Equity_Investments_in_Real_Est

Equity Investments in Real Estate	3 Months Ended
	Mar. 31, 2015
Equity Method Investments and Joint Ventures [Abstract]
Equity Investments in Real Estate	Equity Investments in Real Estate
	We own equity interests in net-leased properties that are generally leased to companies through noncontrolling interests (i) in partnerships and limited liability companies that we do not control but over which we exercise significant influence or (ii) as tenants-in-common subject to common control. Generally, the underlying investments are jointly-owned with affiliates. We account for these investments under the equity method of accounting. Earnings for each investment are recognized in accordance with each respective investment agreement and where applicable, based upon an allocation of the investment’s net assets at book value as if the investment were hypothetically liquidated at the end of each reporting period. Investments in unconsolidated investments are required to be evaluated periodically. We periodically compare an investment’s carrying value to its estimated fair value and recognize an impairment charge to the extent that the carrying value exceeds fair value and such decline is determined to be other than temporary. Additionally, we provide funding to developers for the acquisition, development, and construction of real estate, or ADC Arrangements. Under ADC Arrangements, we have provided two loans to third-party developers of real estate projects, which we account for as equity investments as the characteristics of the arrangement with the third-party developers are more similar to a jointly-owned investment or partnership rather than a loan.
	The following table sets forth our ownership interests in our equity investments in real estate and their respective carrying values along with those ADC Arrangements that are recorded as equity investments (dollars in thousands):
				Ownership Interest at	Carrying Value at
	Lessee/Equity Investee		Co-owner	31-Mar-15	March 31, 2015		December 31, 2014
	Shelborne Property Associates, LLC (a)		Third Party	33%	$	153,515	$	152,801
	C1000 Logistiek Vastgoed B.V. (b) (c) (d)		WPC	85%	60,811		71,130
	BPS Nevada, LLC (e)		Third Party	15%	48,349		40,032
	IDL Wheel Tenant, LLC (f)		Third Party	N/A	44,672		30,049
	BG LLH, LLC		Third Party	7%	41,222		42,587
	U-Haul Moving Partners, Inc. and Mercury Partners, LP		WPC	12%	40,585		41,028
	Bank Pekao S.A. (b)		CPA®:18 – Global	50%	26,993		31,045
	State Farm		CPA®:18 – Global	50%	19,676		20,414
	Madison Storage NYC, LLC and Veritas Group IX-NYC, LLC (g)		Third Party	45%	19,669		20,147
	Apply Sørco AS (b)		CPA®:18 – Global	49%	17,462		19,076
	Berry Plastics Corporation		WPC	50%	16,421		16,632
	Tesco plc (b)		WPC	49%	12,617		14,194
	Hellweg Die Profi-Baumärkte GmbH & Co. KG (referred to as Hellweg 2) (b)		WPC	37%	9,984		9,935
	Agrokor d.d. (referred to as Agrokor 5) (b)		CPA®:18 – Global	20%	7,577		8,760
	Eroski Sociedad Cooperativa – Mallorca (b)		WPC	30%	6,757		7,662
	Dick’s Sporting Goods, Inc.		WPC	45%	5,737		5,508
					$	532,047	$	531,000
	___________
	(a)	Represents a domestic ADC Arrangement. We consider this investment a VIE. We capitalized $3.3 million of interest related to the loan during the three months ended March 31, 2015. At March 31, 2015, the unfunded balance on the loan related to this investment was $0.3 million.
	(b)	The carrying value of this investment is affected by the impact of fluctuations in the exchange rate of the applicable foreign currency.
	(c)	This investment represents a tenancy-in-common interest, whereby the property is encumbered by debt for which we are jointly and severally liable. For this investment, the co-obligor is WPC and the amount due under the arrangement was approximately $72.8 million and $82.7 million at March 31, 2015 and December 31, 2014, respectively. Of these amounts, $61.9 million and $70.3 million represent the amounts we agreed to pay and are included within the carrying value of this investment at March 31, 2015 and December 31, 2014, respectively.
	(d)	The decrease in carrying value was partially due to distributions made to us.
	(e)	See Acquisition of Equity Investment below.
	(f)	Represents a domestic ADC Arrangement. We consider this investment a VIE. We provided funding of $14.6 million to this investment and capitalized $0.9 million of interest related to the loan during the three months ended March 31, 2015. At March 31, 2015, the unfunded balance on the loan related to this investment was $4.2 million.
	(g)	In addition to our 45% equity interest, we have a 40% indirect economic interest in this investment based upon certain contractual arrangements with our partner in this entity that enable or could require us to purchase their interest.
	We recognized equity in earnings of equity method investments in real estate of $3.2 million for the three months ended March 31, 2015 and equity in losses of equity method investments in real estate of $2.9 million for the three months ended March 31, 2014. For certain investments, equity in earnings of equity investments is based on the hypothetical liquidation at book value model as well as some depreciation and amortization adjustments related to basis differentials. Aggregate distributions from our interests in other unconsolidated real estate investments were $9.4 million and $5.8 million for the three months ended March 31, 2015 and 2014, respectively. At March 31, 2015 and December 31, 2014, the unamortized basis differences on our equity investments were $30.2 million and $31.0 million, respectively. Net amortization of the basis differences reduced the carrying values of our equity investments by $0.8 million and $0.9 million for the three months ended March 31, 2015 and 2014, respectively.
	Acquisition of Equity Investment
	On November 19, 2014, we acquired a preferred equity position in BPS Nevada, LLC, an entity in which we hold a 15% equity interest, for a total cost of $18.2 million, including acquisition-related costs and fees of $0.2 million. The preferred equity interest provides us with a preferred rate of return of 8%, 10%, and 12% during the first four months of the term, the next four months of the term, and thereafter, respectively, through November 19, 2019, the date on which the preferred equity interest is redeemable. Our equity interest and preferred equity position in BPS Nevada, LLC allow us to have significant influence over the entity. Accordingly, we account for this investment using the equity method of accounting. On February 2, 2015, we funded an additional $9.1 million, including acquisition-related costs and fees of $0.1 million, related to this investment. During the three months ended March 31, 2015, we recognized $0.9 million of income related to this investment, which is included in Equity in earnings (losses) of equity method investments in real estate in the consolidated financial statements.

Intangible_Assets_and_Liabilit

Intangible Assets and Liabilities	3 Months Ended
	Mar. 31, 2015
Intangible Assets And Liabilities [Abstract]
Intangible Assets and Liabilities	Intangible Assets and Liabilities
	In connection with our acquisitions of properties, we have recorded net lease intangibles that are being amortized over periods ranging from one year to 53 years. In addition, we have several ground lease intangibles that are being amortized over periods of up to 94 years. In-place lease intangibles and tenant relationship intangibles are included in In-place lease and tenant relationship intangible assets, net in the consolidated financial statements. Above-market rent, below-market ground lease (as lessee) intangibles, and goodwill are included in Other intangible assets, net in the consolidated financial statements. Below-market rent and above-market ground lease (as lessor) intangibles are included in Below-market rent and other intangible liabilities, net in the consolidated financial statements.
	In connection with our investment activity during the three months ended March 31, 2015, we recorded net lease intangibles comprised as follows (life in years, dollars in thousands):
		Weighted-Average Life		Amount
	Amortizable Intangible Assets
	In-place lease	12.3		$	25,868
	Above-market rent	10		587
				$	26,455
	Amortizable Intangible Liabilities
	Below-market rent	20.1		$	(658	)
	Intangible assets and liabilities are summarized as follows (in thousands):
		March 31, 2015										December 31, 2014
		Gross Carrying Amount				Accumulated			Net Carrying Amount			Gross Carrying Amount			Accumulated			Net Carrying Amount
						Amortization									Amortization
	Amortizable Intangible Assets
	In-place lease and tenant relationship	$	558,406			$	(125,526	)	$	432,880		$	551,569		$	(119,125	)	$	432,444
	Above-market rent	87,816				(16,758		)	71,058			92,548			(16,539		)	76,009
	Below-market ground leases	7,123				(229		)	6,894			7,124			(199		)	6,925
		653,345				(142,513		)	510,832			651,241			(135,863		)	515,378
	Unamortizable Intangible Assets
	Goodwill	304				—			304			304			—			304
	Total intangible assets	$	653,649			$	(142,513	)	$	511,136		$	651,545		$	(135,863	)	$	515,682
	Amortizable Intangible Liabilities
	Below-market rent	$	(115,623	)		$	14,456		$	(101,167	)	$	(116,887	)	$	13,293		$	(103,594	)
	Above-market ground lease	(1,145		)		21			(1,124		)	(1,145		)	17			(1,128		)
	Total intangible liabilities	$	(116,768	)		$	14,477		$	(102,291	)	$	(118,032	)	$	13,310		$	(104,722	)
	Net amortization of intangibles, including the effect of foreign currency translation, was $9.4 million and $9.5 million for the three months ended March 31, 2015 and 2014, respectively. Amortization of below-market rent and above-market rent intangibles is recorded as an adjustment to Rental income; amortization of below-market ground lease and above-market ground lease intangibles is included in Property expenses; and amortization of in-place lease and tenant relationship intangibles is included in Depreciation and amortization.
	Based on the intangible assets and liabilities recorded at March 31, 2015, scheduled annual net amortization of intangibles for the remainder of 2015, each of the next four calendar years following December 31, 2015, and thereafter is as follows (in thousands):
	Years Ending December 31,		Net Increase in Rental Income				Increase to Amortization/Property Expenses			Net
	2015 (remaining)		$	(1,040	)		$	28,549		$	27,509
	2016		(521		)		33,238			32,717
	2017		(253		)		30,213			29,960
	2018		(228		)		30,109			29,881
	2019		(219		)		30,063			29,844
	Thereafter		(27,848		)		286,478			258,630
			$	(30,109	)		$	438,650		$	408,541

Fair_Value_Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements
	The fair value of an asset is defined as the exit price, which is the amount that would either be received when an asset is sold or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The guidance establishes a three-tier fair value hierarchy based on the inputs used in measuring fair value. These tiers are: Level 1, for which quoted market prices for identical instruments are available in active markets, such as money market funds, equity securities, and U.S. Treasury securities; Level 2, for which there are inputs other than quoted prices included within Level 1 that are observable for the instrument, such as certain derivative instruments including interest rate swaps and foreign currency contracts; and Level 3, for securities and other derivative assets that do not fall into Level 1 or Level 2 and for which little or no market data exists, therefore requiring us to develop our own assumptions.
	Items Measured at Fair Value on a Recurring Basis
	The methods and assumptions described below were used to estimate the fair value of each class of financial instrument. For significant Level 3 items, we have also provided the unobservable inputs along with their weighted-average ranges.
	Derivative Assets — Our derivative assets, which are included in Other assets, net in the consolidated financial statements, are comprised of foreign currency forward contracts, stock warrants, embedded derivatives, and a swaption (Note 10). The foreign currency forward contracts and swaption were measured at fair value using readily observable market inputs, such as quotations on interest rates, and were classified as Level 2 as these instruments are custom, over-the-counter contracts with various bank counterparties that are not traded in an active market. The stock warrants and embedded derivatives were measured at fair value using internal valuation models that incorporate market inputs and our own assumptions about future cash flows. We classified these assets as Level 3 because these assets are not traded in an active market.
	Derivative Liabilities — Our derivative liabilities, which are included in Accounts payable, accrued expenses and other liabilities in the consolidated financial statements, are comprised of interest rate swaps and foreign currency forward contracts (Note 10). The interest rate swaps and foreign currency forward contracts were measured at fair value using readily observable market inputs, such as quotations on interest rates, and were classified as Level 2 because they are custom, over-the-counter contracts with various bank counterparties that are not traded in an active market.
	We did not have any transfers into or out of Level 1, Level 2, and Level 3 measurements during either the three months ended March 31, 2015 or 2014. Gains and losses (realized and unrealized) included in earnings are reported in Other income and (expenses) in the consolidated financial statements.
	Our other financial instruments had the following carrying values and fair values as of the dates shown (dollars in thousands):
				31-Mar-15								31-Dec-14
		Level		Carrying Value				Fair Value				Carrying Value				Fair Value
	Non-recourse debt (a)	3		$	1,849,317			$	1,916,971			$	1,896,489			$	1,961,905
	Loans receivable (a)	3		82,600				83,970				40,000				41,990
	Other securities (b)	3		8,426				9,649				9,381				9,649
	Deferred acquisition fees payable (c)	3		5,474				6,109				9,009				10,077
	CMBS (d)	3		2,642				8,422				3,053				8,899
	___________
	(a)	We determined the estimated fair value of our non-recourse debt and note receivable with China Alliance Properties Limited using a discounted cash flow model with rates that take into account the credit of the tenant/obligor and interest rate risk. We also considered the value of the underlying collateral taking into account the quality of the collateral, the credit quality of the tenant/obligor, the time until maturity, and the current market interest rate. Additionally, for our loans receivable with 127 West 23rd Manager, LLC and 1185 Broadway LLC, we estimated that the fair values of the loans receivable approximated their carrying values.
	(b)	Amounts at March 31, 2015 and December 31, 2014 primarily reflect our interest in a foreign debenture, which is included in Other assets, net in the consolidated financial statements.
	(c)	We determined the estimated fair value of our deferred acquisition fees based on an estimate of discounted cash flows using two significant unobservable inputs, which are the leverage adjusted unsecured spread and an illiquidity adjustment of 355 basis points and 75 basis points, respectively. Significant increases or decreases to these inputs in isolation would result in a significant change in the fair value measurement.
	(d)	The carrying value of our commercial mortgage-backed securities, or CMBS, is inclusive of an impairment charge recognized during the three months ended March 31, 2015, as well as accretion related to the estimated cash flows expected to be received. There were no purchases, sales, or impairment charges recognized during the three months ended March 31, 2014.
	We estimated that our other financial assets and liabilities (excluding net investments in direct financing leases) had fair values that approximated their carrying values at both March 31, 2015 and December 31, 2014.
	Items Measured at Fair Value on a Non-Recurring Basis (Including Impairment Charges)
	We periodically assess whether there are any indicators that the value of our real estate investments may be impaired or that their carrying value may not be recoverable. For investments in real estate held for use for which an impairment indicator is identified, we follow a two-step process to determine whether the investment is impaired and to determine the amount of the charge. First, we compare the carrying value of the property’s asset group to the future undiscounted net cash flows that we expect the property’s asset group will generate, including any estimated proceeds from the eventual sale of the property’s asset group. If this amount is less than the carrying value, the property’s asset group is considered to be impaired. We then measure the impairment charge as the excess of the carrying value of the property’s asset group over the estimated fair value of the property’s asset group, which is primarily determined using market information such as recent comparable sales, broker quotes, or third-party appraisals. If relevant market information is not available or is not deemed appropriate, we perform a future net cash flow analysis discounted for inherent risk associated with each investment. We determined that the significant inputs used to value these investments fall within Level 3 for fair value reporting. As a result of our assessments, we calculated impairment charges based on market conditions and assumptions that existed at the time. The valuation of real estate is subject to significant judgment and actual results may differ materially if market conditions or the underlying assumptions change.
	The following table presents information about our assets that were measured at fair value on a non-recurring basis (in thousands):
		Three Months Ended March 31, 2015								Three Months Ended March 31, 2014
		Fair Value				Total				Fair Value				Total
		Measurements				Impairment				Measurements				Impairment
						Charges								Charges
	Impairment Charges
	CMBS	$	954			$	567			$	—			$	—
	During the three months ended March 31, 2015, we incurred an other-than-temporary impairment charge on a tranche in our CMBS portfolio totaling $0.6 million to reduce its carrying value to its estimated fair value as a result of non-performance. The fair value measurement related to the impairment charge was derived from a third-party appraisal, which was based on input from dealers, buyers, and other market participants, as well as updates on prepayments, losses, and delinquencies within our CMBS portfolio.

Risk_Management_and_Use_of_Der

Risk Management and Use of Derivative Financial Instruments	3 Months Ended
	Mar. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Risk Management and Use of Derivative Financial Instruments	Risk Management and Use of Derivative Financial Instruments
	Risk Management
	In the normal course of our ongoing business operations, we encounter economic risk. There are four main components of economic risk that impact us: interest rate risk, credit risk, market risk, and foreign currency risk. We are primarily subject to interest rate risk on our interest-bearing assets and liabilities. Credit risk is the risk of default on our operations and our tenants’ inability or unwillingness to make contractually required payments. Market risk includes changes in the value of our properties and related loans as well as changes in the value of our other investments due to changes in interest rates or other market factors. We own investments in Europe and in Asia and are subject to the risks associated with changing foreign currency exchange rates.
	Derivative Financial Instruments
	When we use derivative instruments, it is generally to reduce our exposure to fluctuations in interest rates and foreign currency exchange rate movements. We have not entered into, and do not plan to enter into, financial instruments for trading or speculative purposes. In addition to derivative instruments that we entered into on our own behalf, we may also be a party to derivative instruments that are embedded in other contracts, and we may own common stock warrants, granted to us by lessees when structuring lease transactions, which are considered to be derivative instruments. The primary risks related to our use of derivative instruments include default by a counterparty to a hedging arrangement on its obligation and a downgrade in the credit quality of a counterparty to such an extent that our ability to sell or assign our side of the hedging transaction is impaired. While we seek to mitigate these risks by entering into hedging arrangements with counterparties that are large financial institutions that we deem to be creditworthy, it is possible that our hedging transactions, which are intended to limit losses, could adversely affect our earnings. Furthermore, if we terminate a hedging arrangement, we may be obligated to pay certain costs, such as transaction or breakage fees. We have established policies and procedures for risk assessment and the approval, reporting, and monitoring of derivative financial instrument activities.
	We measure derivative instruments at fair value and record them as assets or liabilities, depending on our rights or obligations under the applicable derivative contract. Derivatives that are not designated as hedges must be adjusted to fair value through earnings. For a derivative designated, and that qualified, as a cash flow hedge, the effective portion of the change in fair value of the derivative is recognized in Other comprehensive loss until the hedged item is recognized in earnings. For a derivative designated, and that qualified, as a net investment hedge, the effective portion of the change in the fair value and/or the net settlement of the derivative are reported in Other comprehensive loss as part of the cumulative foreign currency translation adjustment. Amounts are reclassified out of Other comprehensive loss into earnings when the hedged investment is either sold or substantially liquidated. The ineffective portion of the change in fair value of any derivative is immediately recognized in earnings.
	The following table sets forth certain information regarding our derivative instruments (in thousands):
	Derivatives Designated				Asset Derivatives Fair Value at								Liability Derivatives Fair Value at
	as Hedging Instruments		Balance Sheet Location		March 31, 2015				December 31, 2014				March 31, 2015			December 31, 2014
	Foreign currency forward contracts		Other assets, net		$	48,243			$	24,051			$	—		$	—
	Interest rate swaps		Other assets, net		—				71				—			—
	Interest rate swaps		Accounts payable, accrued expenses and other liabilities		—				—				(15,005		)	(14,554		)
	Derivatives Not Designated
	as Hedging Instruments
	Embedded derivatives		Other assets, net		207				499				—			—
	Stock warrants		Other assets, net		1,683				1,848				—			—
	Foreign currency forward contracts		Other assets, net		11,223				5,120				—			—
	Foreign currency forward contracts		Accounts payable, accrued expenses and other liabilities		—				—				(9,011		)	(2,904		)
	Swaption		Other assets, net		413				505				—			—
	Total derivatives				$	61,769			$	32,094			$	(24,016	)	$	(17,458	)
	All derivative transactions with an individual counterparty are governed by a master International Swap and Derivatives Association agreement, which can be considered as a master netting arrangement; however, we report all our derivative instruments on a gross basis on our consolidated financial statements. At both March 31, 2015 and December 31, 2014, no cash collateral had been posted nor received for any of our derivative positions.
	The following tables present the impact of our derivative instruments in the consolidated financial statements (in thousands):
			Amount of Gain (Loss) Recognized in
			Other Comprehensive Loss on Derivatives (Effective Portion)
			Three Months Ended March 31,
	Derivatives in Cash Flow Hedging Relationships		2015				2014
	Interest rate cap (a)		$	—			$	332
	Interest rate swaps		(1,451		)		(1,919		)
	Foreign currency collars		—				(116		)
	Foreign currency forward contracts		24,205				(809		)
	Derivatives in Net Investment Hedging Relationships (b)
	Foreign currency forward contracts		188				—
	Derivatives Formerly in Net Investment Hedging Relationships (c)
	Foreign currency forward contracts		—				61
	Total		$	22,942			$	(2,451	)
					Amount of Gain (Loss) Reclassified from
					Other Comprehensive Loss into Income (Effective Portion)
	Derivatives in Cash Flow		Location of Gain (Loss) Reclassified to Income		Three Months Ended March 31,
	Hedging Relationships				2015				2014 (d)
	Interest rate cap		Interest expense		$	—			$	(332	)
	Interest rate swaps		Interest expense		(2,284		)		(1,802		)
	Foreign currency collars		Other income and (expenses)		—				77
	Foreign currency forward contracts		Other income and (expenses)		3,129				(189		)
	Total				$	845			$	(2,246	)
	___________
	(a)	Includes a gain attributable to noncontrolling interest of $0.1 million for the three months ended March 31, 2014.
	(b)	The effective portion of the change in fair value and the settlement of these contracts are reported in the foreign currency translation adjustment section of Other comprehensive loss until the underlying investment is sold, at which time we reclassify the gain or loss to earnings.
	(c)	In September 2014, a new forward contract was executed to offset this existing forward contract that has not yet reached its maturity. As a result of this transaction, this existing forward contract was de-designated as a hedging instrument. However, the effective portion of the change in fair value (through the date of de-designation) and the settlement of this contract are reported in the foreign currency translation adjustment section of Other comprehensive loss until the underlying investment is sold, at which time we will reclassify the gain or loss to earnings.
	(d)	The amounts included in this column for the period presented herein have been revised to reverse the signs that were incorrectly presented when originally filed.
	Amounts reported in Other comprehensive loss related to interest rate swaps will be reclassified to Interest expense as interest payments are made on our variable-rate debt. Amounts reported in Other comprehensive loss related to foreign currency derivative contracts will be reclassified to Other income and (expenses) when the hedged foreign currency contracts are settled. At March 31, 2015, we estimated that an additional $7.1 million and $8.6 million will be reclassified as interest expense and as other expenses, respectively, during the next 12 months.
					Amount of Gain (Loss) Recognized in Income on Derivatives
	Derivatives Not in Hedging Relationships		Location of Gain (Loss) Recognized in Income		Three Months Ended March 31,
					2015				2014
	Embedded credit derivatives		Other income and (expenses)		$	237			$	118
	Foreign currency forward contracts		Other income and (expenses)		(4		)		(62		)
	Stock warrants		Other income and (expenses)		(165		)		—
	Swaption		Other income and (expenses)		(92		)		(258		)
	Derivatives in Hedging Relationships
	Interest rate swaps (a)		Interest expense		84				71
	Total				$	60			$	(131	)
	___________
	(a)	Relates to the ineffective portion of the hedging relationship.
	See below for information on our purposes for entering into derivative instruments and for information on derivative instruments owned by unconsolidated investments, which are excluded from the tables above.
	Interest Rate Swaps and Swaption
We are exposed to the impact of interest rate changes primarily through our borrowing activities. To limit this exposure, we attempt to obtain mortgage financing on a long-term, fixed-rate basis. However, from time to time, we or our investment partners have obtained, and may in the future obtain, variable-rate, non-recourse mortgage loans and, as a result, we have entered into, and may continue to enter into, interest rate swap agreements or swaptions with counterparties. Interest rate swaps, which effectively convert the variable-rate debt service obligations of the loan to a fixed rate, are agreements in which one party exchanges a stream of interest payments for a counterparty’s stream of cash flow over a specific period. The face amount on which the swaps are based is not exchanged. A swaption gives us the right but not the obligation to enter into an interest rate swap, of which the terms and conditions are set on the trade date, on a specified date in the future. Our objective in using these derivatives is to limit our exposure to interest rate movements.
The interest rate swaps and swaption that we had outstanding on our consolidated subsidiaries at March 31, 2015 are summarized as follows (currency in thousands):
Interest Rate Derivatives		Number of Instruments		Notional Amount				Fair Value at
								March 31, 2015 (a)
Designated as Cash Flow Hedging Instruments
Interest rate swaps		7		190,810		EUR		$	(6,143	)
Interest rate swaps		13		233,554		USD		(8,862		)
Not Designated as Hedging Instrument
Swaption		1		13,230		USD		413
								$	(14,592	)
____________
(a)	Fair value amount is based on the exchange rate of the euro at March 31, 2015, as applicable.
The interest rate swap that one of our unconsolidated jointly-owned investments had outstanding at March 31, 2015 and was designated as a cash flow hedge is summarized as follows (currency in thousands):
Interest Rate Derivative		Ownership Interest in Investee at		Number of Instruments		Notional Amount				Fair Value at
		31-Mar-15								March 31, 2015 (a)
Interest rate swap		85%		1		11,552		EUR		$	(578	)
____________
(a)	Fair value amount is based on the exchange rate of the euro at March 31, 2015.
Foreign Currency Contracts
We are exposed to foreign currency exchange rate movements, primarily in the euro and, to a lesser extent, the British pound sterling, the Norwegian krone, and the Japanese yen. We manage foreign currency exchange rate movements by generally placing our debt service obligation on an investment in the same currency as the tenant’s rental obligation to us. This reduces our overall exposure to the net cash flow from that investment. However, we are subject to foreign currency exchange rate movements to the extent of the difference in the timing and amount of the rental obligation and the debt service. Realized and unrealized gains and losses recognized in earnings related to foreign currency transactions are included in Other income and (expenses) in the consolidated financial statements.
In order to hedge certain of our foreign currency cash flow exposures, we enter into foreign currency forward contracts and collars. A foreign currency forward contract is a commitment to deliver a certain amount of currency at a certain price on a specific date in the future. By entering into forward contracts and holding them to maturity, we are locked into a future currency exchange rate for the term of the contract. A foreign currency collar consists of a written call option and a purchased put option to sell the foreign currency. These instruments lock the range in which the foreign currency exchange rate may fluctuate.
The following table presents the foreign currency derivative contracts we had outstanding and their designations at March 31, 2015 (currency in thousands):
Foreign Currency Derivatives		Number of Instruments		Notional Amount				Fair Value at
								March 31, 2015 (a)
Designated as Cash Flow Hedging Instruments
Foreign currency forward contracts		92		182,867		EUR		$	43,548
Foreign currency forward contracts		17		12,239		NOK		133
Not Designated as Hedging Instruments
Foreign currency forward contracts		2		90,000		EUR		2,212
Designated as Net Investment Hedging Instruments
Foreign currency forward contracts		12		1,123,025		JPY		4,475
Foreign currency forward contracts		5		7,996		NOK		87
								$	50,455
___________
(a)	Fair value amounts are based on the exchange rate of the euro, the Norwegian krone, or the Japanese yen, as applicable, at March 31, 2015.
Credit Risk-Related Contingent Features
We measure our credit exposure on a counterparty basis as the net positive aggregate estimated fair value of our derivatives, net of collateral received, if any. No collateral was received as of March 31, 2015. At March 31, 2015, our total credit exposure was $48.1 million and the maximum exposure to any single counterparty was $23.1 million.
Some of the agreements we have with our derivative counterparties contain certain credit contingent provisions that could result in a declaration of default against us regarding our derivative obligations if we either default or are capable of being declared in default on certain of our indebtedness. At March 31, 2015, we had not been declared in default on any of our derivative obligations. The estimated fair value of our derivatives that were in a net liability position was $25.8 million and $18.5 million at March 31, 2015 and December 31, 2014, respectively, which included accrued interest and any adjustment for nonperformance risk. If we had breached any of these provisions at March 31, 2015 or December 31, 2014, we could have been required to settle our obligations under these agreements at their aggregate termination value of $26.5 million and $19.1 million, respectively.
Information about Significant Tenants
For the three months ended March 31, 2015, the following tenants represented 5% or more of total lease revenues:
•	The New York Times Company (9%);
•	Metro Cash & Carry Italia S.p.A. (8%);
•	Agrokor d.d. (7%);
•	KBR, Inc. (7%); and
•	General Parts Inc., Golden State Supply LLC, Straus-Frank Enterprises LLC, General Parts Distribution LLC, and Worldpac Inc. (6%).

NonRecourse_Debt

Non-Recourse Debt	3 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
Non-Recourse Debt	Non-Recourse Debt
	Non-recourse debt consists of mortgage notes payable, which are collateralized by the assignment of real estate properties with an aggregate carrying value of $2.8 billion and $2.9 billion at March 31, 2015 and December 31, 2014, respectively. At March 31, 2015, our mortgage notes payable bore interest at fixed annual rates ranging from 2.0% to 8.0% and variable contractual annual rates ranging from 2.8% to 6.1%, with maturity dates ranging from 2015 to 2039.
	During the three months ended March 31, 2015, we obtained two new non-recourse mortgage financings totaling $17.0 million with a weighted-average annual interest rate and term of 4.1% and nine years, respectively, of which $2.2 million related to an investment acquired during a prior year and $14.8 million related to an investment acquired during the current year.
	Scheduled Debt Principal Payments
	Scheduled debt principal payments during the remainder of 2015, each of the next four calendar years following December 31, 2015, and thereafter are as follows (in thousands):
	Years Ending December 31,	Total
	2015 (remainder)	$	56,035
	2016	246,898
	2017	339,037
	2018	153,430
	2019	38,620
	Thereafter through 2039	1,018,167
		1,852,187
	Unamortized discount, net	(2,870		)
	Total	$	1,849,317
	Certain amounts in the table above are based on the applicable foreign currency exchange rate at March 31, 2015. The impact on the carrying value of our Non-recourse debt due to the strengthening of the U.S. dollar relative to foreign currencies during the three months ended March 31, 2015 was a decrease of $57.8 million from December 31, 2014 to March 31, 2015.

Commitments_and_Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies
	At March 31, 2015, we were not involved in any material litigation. Various claims and lawsuits arising in the normal course of business are pending against us. The results of these proceedings are not expected to have a material adverse effect on our consolidated financial position or results of operations. See Note 5 for unfunded construction commitments.

Equity

Equity	3 Months Ended
	Mar. 31, 2015
Equity [Abstract]
Equity	Equity
	Reclassifications Out of Accumulated Other Comprehensive Loss
	The following tables present a reconciliation of changes in Accumulated other comprehensive loss by component for the periods presented (in thousands):
		Three Months Ended March 31, 2015
		Gains and Losses			Gains and Losses on Marketable Securities			Foreign Currency Translation Adjustments			Total
		on Derivative Instruments
	Beginning balance	$	7,311		$	(106	)	$	(88,212	)	$	(81,007	)
	Other comprehensive income (loss) before reclassifications	23,581			7			(88,730		)	(65,142		)
	Amounts reclassified from accumulated other comprehensive loss to:
	Interest expense	2,284			—			—			2,284
	Other income and (expenses)	(3,129		)	—			—			(3,129		)
	Total	(845		)	—			—			(845		)
	Net current-period Other comprehensive income (loss)	22,736			7			(88,730		)	(65,987		)
	Net current-period Other comprehensive loss attributable to noncontrolling interests	—			—			1,224			1,224
	Ending balance	$	30,047		$	(99	)	$	(175,718	)	$	(145,770	)
		Three Months Ended March 31, 2014
		Gains and Losses			Gains and Losses on Marketable Securities			Foreign Currency Translation Adjustments			Total
		on Derivative Instruments
	Beginning balance	$	(16,717	)	$	(391	)	$	3,666		$	(13,442	)
	Other comprehensive (loss) income before reclassifications	(4,757		)	24			(1,060		)	(5,793		)
	Amounts reclassified from accumulated other comprehensive loss to:
	Interest expense	2,134			—			—			2,134
	Other income and (expenses)	112			—			—			112
	Total	2,246			—			—			2,246
	Net current-period Other comprehensive (loss) income	(2,511		)	24			(1,060		)	(3,547		)
	Net current-period Other comprehensive (income) loss attributable to noncontrolling interests	(149		)	—			4			(145		)
	Ending balance	$	(19,377	)	$	(367	)	$	2,610		$	(17,134	)
	Distributions Declared
	During the first quarter of 2015, our board of directors declared a quarterly distribution of $0.1625 per share, which was paid on April 15, 2015 to stockholders of record on March 31, 2015, in the amount of $53.9 million.

Basis_of_Presentation_Policies

Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Basis of Consolidation	Basis of Consolidation
	Our consolidated financial statements reflect all of our accounts, including those of our controlled subsidiaries and our tenancy-in-common interest, as described below. The portion of equity in a consolidated subsidiary that is not attributable, directly or indirectly, to us is presented as noncontrolling interests. All significant intercompany accounts and transactions have been eliminated.
	At March 31, 2015, we had an investment in a tenancy-in-common interest in various underlying international properties. Consolidation of this investment is not required as such interest does not qualify as a VIE and does not meet the control requirement required for consolidation. Accordingly, we account for this investment using the equity method of accounting. We use the equity method of accounting because the shared decision-making involved in a tenancy-in-common interest investment provides us with significant influence on the operating and financial decisions of this investment.
	We apply accounting guidance for consolidation of VIEs to certain entities in which the equity investors do not have the characteristics of a controlling financial interest or do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support from other parties. Fixed price purchase and renewal options within a lease as well as certain decision-making rights within a loan can cause us to consider an entity a VIE.
	We previously determined that the developer entity of our Agrokor d.d. build-to-suit investment, referred to as Agrokor 4, was a VIE and that we were its primary beneficiary. During the three months ended March 31, 2015, in connection with the completion of the build-to-suit project, we acquired the shares of the developer entity, and it is no longer a VIE.
	Additionally, we own interests in single-tenant, net-leased properties leased to companies through noncontrolling interests in partnerships and limited liability companies that we do not control, but over which we exercise significant influence. We account for these investments under the equity method of accounting. At times, the carrying value of our equity investments may fall below zero for certain investments. We intend to fund our share of the jointly-owned investments’ future operating deficits should the need arise. However, we have no legal obligation to pay for any of the liabilities of such investments nor do we have any legal obligation to fund operating deficits. At March 31, 2015, none of our equity investments had carrying values below zero.
Equity Method Investments	We own equity interests in net-leased properties that are generally leased to companies through noncontrolling interests (i) in partnerships and limited liability companies that we do not control but over which we exercise significant influence or (ii) as tenants-in-common subject to common control. Generally, the underlying investments are jointly-owned with affiliates. We account for these investments under the equity method of accounting. Earnings for each investment are recognized in accordance with each respective investment agreement and where applicable, based upon an allocation of the investment’s net assets at book value as if the investment were hypothetically liquidated at the end of each reporting period. Investments in unconsolidated investments are required to be evaluated periodically. We periodically compare an investment’s carrying value to its estimated fair value and recognize an impairment charge to the extent that the carrying value exceeds fair value and such decline is determined to be other than temporary. Additionally, we provide funding to developers for the acquisition, development, and construction of real estate, or ADC Arrangements. Under ADC Arrangements, we have provided two loans to third-party developers of real estate projects, which we account for as equity investments as the characteristics of the arrangement with the third-party developers are more similar to a jointly-owned investment or partnership rather than a loan.
Intangible Assets and Liabilities	Amortization of below-market rent and above-market rent intangibles is recorded as an adjustment to Rental income; amortization of below-market ground lease and above-market ground lease intangibles is included in Property expenses; and amortization of in-place lease and tenant relationship intangibles is included in Depreciation and amortization.
	In connection with our acquisitions of properties, we have recorded net lease intangibles that are being amortized over periods ranging from one year to 53 years. In addition, we have several ground lease intangibles that are being amortized over periods of up to 94 years. In-place lease intangibles and tenant relationship intangibles are included in In-place lease and tenant relationship intangible assets, net in the consolidated financial statements. Above-market rent, below-market ground lease (as lessee) intangibles, and goodwill are included in Other intangible assets, net in the consolidated financial statements. Below-market rent and above-market ground lease (as lessor) intangibles are included in Below-market rent and other intangible liabilities, net in the consolidated financial statements.
Fair Value of Financial Instruments	The fair value of an asset is defined as the exit price, which is the amount that would either be received when an asset is sold or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The guidance establishes a three-tier fair value hierarchy based on the inputs used in measuring fair value. These tiers are: Level 1, for which quoted market prices for identical instruments are available in active markets, such as money market funds, equity securities, and U.S. Treasury securities; Level 2, for which there are inputs other than quoted prices included within Level 1 that are observable for the instrument, such as certain derivative instruments including interest rate swaps and foreign currency contracts; and Level 3, for securities and other derivative assets that do not fall into Level 1 or Level 2 and for which little or no market data exists, therefore requiring us to develop our own assumptions.
	Derivative Assets — Our derivative assets, which are included in Other assets, net in the consolidated financial statements, are comprised of foreign currency forward contracts, stock warrants, embedded derivatives, and a swaption (Note 10). The foreign currency forward contracts and swaption were measured at fair value using readily observable market inputs, such as quotations on interest rates, and were classified as Level 2 as these instruments are custom, over-the-counter contracts with various bank counterparties that are not traded in an active market. The stock warrants and embedded derivatives were measured at fair value using internal valuation models that incorporate market inputs and our own assumptions about future cash flows. We classified these assets as Level 3 because these assets are not traded in an active market.
	Derivative Liabilities — Our derivative liabilities, which are included in Accounts payable, accrued expenses and other liabilities in the consolidated financial statements, are comprised of interest rate swaps and foreign currency forward contracts (Note 10). The interest rate swaps and foreign currency forward contracts were measured at fair value using readily observable market inputs, such as quotations on interest rates, and were classified as Level 2 because they are custom, over-the-counter contracts with various bank counterparties that are not traded in an active market.
Derivatives	We measure derivative instruments at fair value and record them as assets or liabilities, depending on our rights or obligations under the applicable derivative contract. Derivatives that are not designated as hedges must be adjusted to fair value through earnings. For a derivative designated, and that qualified, as a cash flow hedge, the effective portion of the change in fair value of the derivative is recognized in Other comprehensive loss until the hedged item is recognized in earnings. For a derivative designated, and that qualified, as a net investment hedge, the effective portion of the change in the fair value and/or the net settlement of the derivative are reported in Other comprehensive loss as part of the cumulative foreign currency translation adjustment. Amounts are reclassified out of Other comprehensive loss into earnings when the hedged investment is either sold or substantially liquidated. The ineffective portion of the change in fair value of any derivative is immediately recognized in earnings.
Recent Accounting Requirements	The following Accounting Standards Updates, or ASUs, promulgated by the Financial Accounting Standards Board, are applicable to us:
	ASU 2015-03, Interest-Imputation of Interest (Subtopic 835-30). ASU 2015-03 changes the presentation of debt issuance costs, which are currently recognized as a deferred charge (that is, an asset) and requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. ASU 2015-03 does not affect the recognition and measurement guidance for debt issuance costs. ASU 2015-03 is effective for periods beginning after December 15, 2015, early adoption is permitted and retrospective application is required. We are currently evaluating the impact of ASU 2015-03 on our consolidated financial statements.
	ASU 2014-09, Revenue from Contracts with Customers (Topic 606). ASU 2014-09 is a comprehensive new revenue recognition model requiring a company to recognize revenue to depict the transfer of goods or services to a customer at an amount reflecting the consideration it expects to receive in exchange for those goods or services. ASU 2014-09 does not apply to our lease revenues, but will apply to reimbursed tenant costs and revenues generated from our operating properties. Additionally, this guidance modifies disclosures regarding the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. In April 2015, the Financial Accounting Standards Board issued a proposed ASU to defer the effective date of ASU 2014-09 by one year. Under the proposal, ASU 2014-09 would be effective beginning in 2018, and early adoption is permitted but not before 2017, the original public company effective date. We are currently evaluating the impact of ASU 2014-09 on our consolidated financial statements and have not yet determined the method by which we will adopt the standard.

Revisions_of_PreviouslyIssued_1

Revisions of Previously-Issued Financial Statements (Tables)	3 Months Ended
	Mar. 31, 2015
Accounting Changes and Error Corrections [Abstract]
Revisions of Previously-Issued Financial Statements	Consolidated Statement of Income
		Three Months Ended March 31, 2014
		As Reported				Revisions				As Revised
	Revenues
	Total revenues	$	101,149			$	—			$	101,149
	Operating Expenses
	Total operating expenses	58,523				—				58,523
	Other Income and Expenses
	Equity in losses of equity method investments in real estate	(3,249		)		385				(2,864		)
	Other income and (expenses)	952				(269		)		683
	Interest expense	(23,329		)		—				(23,329		)
		(25,626		)		116				(25,510		)
	Income before income taxes	17,000				116				17,116
	Provision for income taxes	(696		)		58				(638		)
	Net Income	16,304				174				16,478
	Net income attributable to noncontrolling interests	(7,677		)		—				(7,677		)
	Net Income Attributable to CPA®:17 – Global	$	8,627			$	174			$	8,801
	Earnings Per Share	$	0.03			$	—			$	0.03
	Weighted-Average Shares Outstanding	319,740,857								319,740,857
	Consolidated Statement of Comprehensive Income
		Three Months Ended March 31, 2014
		As Reported				Revisions				As Revised
	Net Income	$	16,304			$	174			$	16,478
	Other Comprehensive Loss
	Foreign currency translation adjustments	(1,390		)		330				(1,060		)
	Change in net unrealized loss on derivative instruments	(2,451		)		(60		)		(2,511		)
	Change in unrealized gain on marketable securities	24				—				24
		(3,817		)		270				(3,547		)
	Comprehensive Income	12,487				444				12,931
	Amounts Attributable to Noncontrolling Interests
	Net income	(7,677		)		—				(7,677		)
	Foreign currency translation adjustments	4				—				4
	Change in net unrealized gain on derivative instruments	(149		)		—				(149		)
	Comprehensive income attributable to noncontrolling interests	(7,822		)		—				(7,822		)
	Comprehensive Income Attributable to CPA®:17 – Global	$	4,665			$	444			$	5,109
	Consolidated Statement of Equity
		CPA®:17 – Global
	Balance at January 1, 2014	Total			Common				Additional				Distributions			Accumulated			Treasury			Total		Noncontrolling		Total
		Outstanding			Stock				Paid-In				in Excess of			Other			Stock			CPA®:17		Interests
		Shares							Capital				Accumulated			Comprehensive						– Global
													Earnings (a)			Loss						Stockholders
	As Reported	317,353,899			$	323			$	2,904,927			$	(439,688	)	$	(5,275	)	$	(52,477	)	$	2,407,810	$	77,488	$	2,485,298
	Revisions	—			—				—				8,593			(8,167		)	—			426		—		426
	As Revised	317,353,899			$	323			$	2,904,927			$	(431,095	)	$	(13,442	)	$	(52,477	)	$	2,408,236	$	77,488	$	2,485,724
	__________
	(a)	The amount previously reported also reflects changes to prior period amounts related to the change in accounting for our investment in BG LLH, LLC, as more fully described in Note 3.

Agreements_and_Transactions_wi1

Agreements and Transactions with Related Parties (Tables)	3 Months Ended
	Mar. 31, 2015
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	The following tables present a summary of fees we paid, expenses we reimbursed, and distributions we made to the advisor and other affiliates in accordance with the advisory agreement and the operating partnership agreement (in thousands):
		Three Months Ended March 31,
		2015		2014
	Amounts Included in the Consolidated Statements of Income
	Asset management fees	$	7,142	$	6,620
	Available Cash Distribution	6,064		4,679
	Personnel and overhead reimbursements	3,456		3,499
	Acquisition expenses	430		893
	Interest expense on deferred acquisition fees and loan from affiliate	73		151
		$	17,165	$	15,842
	Acquisition Fees Capitalized
	Current acquisition fees	$	2,434	$	5
	Deferred acquisition fees	1,729		8
		$	4,163	$	13
	The following table presents a summary of amounts included in Due to affiliates (in thousands):
		March 31, 2015		December 31, 2014
	Due to Affiliates
	Deferred acquisition fees, including interest	$	5,630	$	9,394
	Asset management fees payable	4,795		2,283
	Reimbursable costs	3,214		228
	Accounts payable	1,651		527
	Subordinated disposition fees	202		202
	Current acquisition fees	102		—
		$	15,594	$	12,634

Net_Investments_in_Properties_1

Net Investments in Properties and Real Estate Under Construction (Tables)	3 Months Ended
	Mar. 31, 2015
Real Estate [Abstract]
Schedule of Real Estate Properties	Real estate, which consists of land and buildings leased to others, at cost, and which are subject to operating leases, is summarized as follows (in thousands):
		March 31, 2015			December 31, 2014
	Land	$	499,493		$	513,172
	Buildings	1,856,469			1,883,543
	Less: Accumulated depreciation	(181,175		)	(175,478		)
		$	2,174,787		$	2,221,237
	Operating real estate, which consists of our self-storage operations, at cost, is summarized as follows (in thousands):
		March 31, 2015			December 31, 2014
	Land	$	66,066		$	66,066
	Buildings	207,089			206,793
	Less: Accumulated depreciation	(24,226		)	(22,217		)
		$	248,929		$	250,642
Other Real Estate, Roll Forward	The following table provides the activity of our Real estate under construction (in thousands):
		Three Months Ended			Year Ended
		March 31, 2015			December 31, 2014
	Beginning balance	$	110,983		$	127,935
	Capitalized funds	5,306			74,420
	Placed into service	(4,814		)	(96,807		)
	Foreign currency translation adjustments, building improvements, and other	(1,616		)	(1,226		)
	Capitalized interest	1,152			6,661
	Ending balance	$	111,011		$	110,983

Finance_Receivables_Tables

Finance Receivables (Tables)	3 Months Ended
	Mar. 31, 2015
Receivables [Abstract]
Financing Receivable Credit Quality Indicators	A summary of our net investments in direct financing leases by internal credit quality rating is as follows (dollars in thousands):
		Number of Tenants / Obligors at		Net Investments in Direct Financing Leases Carrying Value at
	Internal Credit Quality Indicator	March 31, 2015	December 31, 2014	March 31, 2015		December 31, 2014
	1	—	—	$	—	$	—
	2	1	1	2,260		2,259
	3	8	8	384,431		389,245
	4	3	3	88,161		87,921
	5	—	—	—		—
				$	474,852	$	479,425
	A summary of our loans receivable by internal credit quality rating is as follows (dollars in thousands):
		Number of Tenants / Obligors at		Loans Receivable Carrying Value at
	Internal Credit Quality Indicator	March 31, 2015	December 31, 2014	March 31, 2015		December 31, 2014
	1	—	—	$	—	$	—
	2	—	—	—		—
	3	3	1	82,600		40,000
	4	—	—	—		—
	5	—	—	—		—
				$	82,600	$	40,000

Equity_Investments_in_Real_Est1

Equity Investments in Real Estate (Tables)	3 Months Ended
	Mar. 31, 2015
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments	The following table sets forth our ownership interests in our equity investments in real estate and their respective carrying values along with those ADC Arrangements that are recorded as equity investments (dollars in thousands):
				Ownership Interest at	Carrying Value at
	Lessee/Equity Investee		Co-owner	31-Mar-15	March 31, 2015		December 31, 2014
	Shelborne Property Associates, LLC (a)		Third Party	33%	$	153,515	$	152,801
	C1000 Logistiek Vastgoed B.V. (b) (c) (d)		WPC	85%	60,811		71,130
	BPS Nevada, LLC (e)		Third Party	15%	48,349		40,032
	IDL Wheel Tenant, LLC (f)		Third Party	N/A	44,672		30,049
	BG LLH, LLC		Third Party	7%	41,222		42,587
	U-Haul Moving Partners, Inc. and Mercury Partners, LP		WPC	12%	40,585		41,028
	Bank Pekao S.A. (b)		CPA®:18 – Global	50%	26,993		31,045
	State Farm		CPA®:18 – Global	50%	19,676		20,414
	Madison Storage NYC, LLC and Veritas Group IX-NYC, LLC (g)		Third Party	45%	19,669		20,147
	Apply Sørco AS (b)		CPA®:18 – Global	49%	17,462		19,076
	Berry Plastics Corporation		WPC	50%	16,421		16,632
	Tesco plc (b)		WPC	49%	12,617		14,194
	Hellweg Die Profi-Baumärkte GmbH & Co. KG (referred to as Hellweg 2) (b)		WPC	37%	9,984		9,935
	Agrokor d.d. (referred to as Agrokor 5) (b)		CPA®:18 – Global	20%	7,577		8,760
	Eroski Sociedad Cooperativa – Mallorca (b)		WPC	30%	6,757		7,662
	Dick’s Sporting Goods, Inc.		WPC	45%	5,737		5,508
					$	532,047	$	531,000
	___________
	(a)	Represents a domestic ADC Arrangement. We consider this investment a VIE. We capitalized $3.3 million of interest related to the loan during the three months ended March 31, 2015. At March 31, 2015, the unfunded balance on the loan related to this investment was $0.3 million.
	(b)	The carrying value of this investment is affected by the impact of fluctuations in the exchange rate of the applicable foreign currency.
	(c)	This investment represents a tenancy-in-common interest, whereby the property is encumbered by debt for which we are jointly and severally liable. For this investment, the co-obligor is WPC and the amount due under the arrangement was approximately $72.8 million and $82.7 million at March 31, 2015 and December 31, 2014, respectively. Of these amounts, $61.9 million and $70.3 million represent the amounts we agreed to pay and are included within the carrying value of this investment at March 31, 2015 and December 31, 2014, respectively.
	(d)	The decrease in carrying value was partially due to distributions made to us.
	(e)	See Acquisition of Equity Investment below.
	(f)	Represents a domestic ADC Arrangement. We consider this investment a VIE. We provided funding of $14.6 million to this investment and capitalized $0.9 million of interest related to the loan during the three months ended March 31, 2015. At March 31, 2015, the unfunded balance on the loan related to this investment was $4.2 million.
	(g)	In addition to our 45% equity interest, we have a 40% indirect economic interest in this investment based upon certain contractual arrangements with our partner in this entity that enable or could require us to purchase their interest.

Intangible_Assets_and_Liabilit1

Intangible Assets and Liabilities (Tables)	3 Months Ended
	Mar. 31, 2015
Intangible Assets And Liabilities [Abstract]
Schedule Of Acquired Intangible Assets Liabilities By Major Class	In connection with our investment activity during the three months ended March 31, 2015, we recorded net lease intangibles comprised as follows (life in years, dollars in thousands):
		Weighted-Average Life		Amount
	Amortizable Intangible Assets
	In-place lease	12.3		$	25,868
	Above-market rent	10		587
				$	26,455
	Amortizable Intangible Liabilities
	Below-market rent	20.1		$	(658	)
Schedule Of Intangible Assets and Liabilities	Intangible assets and liabilities are summarized as follows (in thousands):
		March 31, 2015										December 31, 2014
		Gross Carrying Amount				Accumulated			Net Carrying Amount			Gross Carrying Amount			Accumulated			Net Carrying Amount
						Amortization									Amortization
	Amortizable Intangible Assets
	In-place lease and tenant relationship	$	558,406			$	(125,526	)	$	432,880		$	551,569		$	(119,125	)	$	432,444
	Above-market rent	87,816				(16,758		)	71,058			92,548			(16,539		)	76,009
	Below-market ground leases	7,123				(229		)	6,894			7,124			(199		)	6,925
		653,345				(142,513		)	510,832			651,241			(135,863		)	515,378
	Unamortizable Intangible Assets
	Goodwill	304				—			304			304			—			304
	Total intangible assets	$	653,649			$	(142,513	)	$	511,136		$	651,545		$	(135,863	)	$	515,682
	Amortizable Intangible Liabilities
	Below-market rent	$	(115,623	)		$	14,456		$	(101,167	)	$	(116,887	)	$	13,293		$	(103,594	)
	Above-market ground lease	(1,145		)		21			(1,124		)	(1,145		)	17			(1,128		)
	Total intangible liabilities	$	(116,768	)		$	14,477		$	(102,291	)	$	(118,032	)	$	13,310		$	(104,722	)
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	Based on the intangible assets and liabilities recorded at March 31, 2015, scheduled annual net amortization of intangibles for the remainder of 2015, each of the next four calendar years following December 31, 2015, and thereafter is as follows (in thousands):
	Years Ending December 31,		Net Increase in Rental Income				Increase to Amortization/Property Expenses			Net
	2015 (remaining)		$	(1,040	)		$	28,549		$	27,509
	2016		(521		)		33,238			32,717
	2017		(253		)		30,213			29,960
	2018		(228		)		30,109			29,881
	2019		(219		)		30,063			29,844
	Thereafter		(27,848		)		286,478			258,630
			$	(30,109	)		$	438,650		$	408,541

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2015
Fair Value Disclosures [Abstract]
Schedule Of Other Financial Instruments In Carrying Values And Fair Values	Our other financial instruments had the following carrying values and fair values as of the dates shown (dollars in thousands):
				31-Mar-15								31-Dec-14
		Level		Carrying Value				Fair Value				Carrying Value				Fair Value
	Non-recourse debt (a)	3		$	1,849,317			$	1,916,971			$	1,896,489			$	1,961,905
	Loans receivable (a)	3		82,600				83,970				40,000				41,990
	Other securities (b)	3		8,426				9,649				9,381				9,649
	Deferred acquisition fees payable (c)	3		5,474				6,109				9,009				10,077
	CMBS (d)	3		2,642				8,422				3,053				8,899
	___________
	(a)	We determined the estimated fair value of our non-recourse debt and note receivable with China Alliance Properties Limited using a discounted cash flow model with rates that take into account the credit of the tenant/obligor and interest rate risk. We also considered the value of the underlying collateral taking into account the quality of the collateral, the credit quality of the tenant/obligor, the time until maturity, and the current market interest rate. Additionally, for our loans receivable with 127 West 23rd Manager, LLC and 1185 Broadway LLC, we estimated that the fair values of the loans receivable approximated their carrying values.
	(b)	Amounts at March 31, 2015 and December 31, 2014 primarily reflect our interest in a foreign debenture, which is included in Other assets, net in the consolidated financial statements.
	(c)	We determined the estimated fair value of our deferred acquisition fees based on an estimate of discounted cash flows using two significant unobservable inputs, which are the leverage adjusted unsecured spread and an illiquidity adjustment of 355 basis points and 75 basis points, respectively. Significant increases or decreases to these inputs in isolation would result in a significant change in the fair value measurement.
	(d)	The carrying value of our commercial mortgage-backed securities, or CMBS, is inclusive of an impairment charge recognized during the three months ended March 31, 2015, as well as accretion related to the estimated cash flows expected to be received. There were no purchases, sales, or impairment charges recognized during the three months ended March 31, 2014.
Schedule Of Fair Value Impairment Charges Using Unobservable Inputs Nonrecurring Basis	The following table presents information about our assets that were measured at fair value on a non-recurring basis (in thousands):
		Three Months Ended March 31, 2015								Three Months Ended March 31, 2014
		Fair Value				Total				Fair Value				Total
		Measurements				Impairment				Measurements				Impairment
						Charges								Charges
	Impairment Charges
	CMBS	$	954			$	567			$	—			$	—

Risk_Management_and_Use_of_Der1

Risk Management and Use of Derivative Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	The following table sets forth certain information regarding our derivative instruments (in thousands):
	Derivatives Designated				Asset Derivatives Fair Value at								Liability Derivatives Fair Value at
	as Hedging Instruments		Balance Sheet Location		March 31, 2015				December 31, 2014				March 31, 2015			December 31, 2014
	Foreign currency forward contracts		Other assets, net		$	48,243			$	24,051			$	—		$	—
	Interest rate swaps		Other assets, net		—				71				—			—
	Interest rate swaps		Accounts payable, accrued expenses and other liabilities		—				—				(15,005		)	(14,554		)
	Derivatives Not Designated
	as Hedging Instruments
	Embedded derivatives		Other assets, net		207				499				—			—
	Stock warrants		Other assets, net		1,683				1,848				—			—
	Foreign currency forward contracts		Other assets, net		11,223				5,120				—			—
	Foreign currency forward contracts		Accounts payable, accrued expenses and other liabilities		—				—				(9,011		)	(2,904		)
	Swaption		Other assets, net		413				505				—			—
	Total derivatives				$	61,769			$	32,094			$	(24,016	)	$	(17,458	)
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)	The following tables present the impact of our derivative instruments in the consolidated financial statements (in thousands):
			Amount of Gain (Loss) Recognized in
			Other Comprehensive Loss on Derivatives (Effective Portion)
			Three Months Ended March 31,
	Derivatives in Cash Flow Hedging Relationships		2015				2014
	Interest rate cap (a)		$	—			$	332
	Interest rate swaps		(1,451		)		(1,919		)
	Foreign currency collars		—				(116		)
	Foreign currency forward contracts		24,205				(809		)
	Derivatives in Net Investment Hedging Relationships (b)
	Foreign currency forward contracts		188				—
	Derivatives Formerly in Net Investment Hedging Relationships (c)
	Foreign currency forward contracts		—				61
	Total		$	22,942			$	(2,451	)
					Amount of Gain (Loss) Reclassified from
					Other Comprehensive Loss into Income (Effective Portion)
	Derivatives in Cash Flow		Location of Gain (Loss) Reclassified to Income		Three Months Ended March 31,
	Hedging Relationships				2015				2014 (d)
	Interest rate cap		Interest expense		$	—			$	(332	)
	Interest rate swaps		Interest expense		(2,284		)		(1,802		)
	Foreign currency collars		Other income and (expenses)		—				77
	Foreign currency forward contracts		Other income and (expenses)		3,129				(189		)
	Total				$	845			$	(2,246	)
	___________
	(a)	Includes a gain attributable to noncontrolling interest of $0.1 million for the three months ended March 31, 2014.
	(b)	The effective portion of the change in fair value and the settlement of these contracts are reported in the foreign currency translation adjustment section of Other comprehensive loss until the underlying investment is sold, at which time we reclassify the gain or loss to earnings.
	(c)	In September 2014, a new forward contract was executed to offset this existing forward contract that has not yet reached its maturity. As a result of this transaction, this existing forward contract was de-designated as a hedging instrument. However, the effective portion of the change in fair value (through the date of de-designation) and the settlement of this contract are reported in the foreign currency translation adjustment section of Other comprehensive loss until the underlying investment is sold, at which time we will reclassify the gain or loss to earnings.
	(d)	The amounts included in this column for the period presented herein have been revised to reverse the signs that were incorrectly presented when originally filed.
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance
					Amount of Gain (Loss) Recognized in Income on Derivatives
	Derivatives Not in Hedging Relationships		Location of Gain (Loss) Recognized in Income		Three Months Ended March 31,
					2015				2014
	Embedded credit derivatives		Other income and (expenses)		$	237			$	118
	Foreign currency forward contracts		Other income and (expenses)		(4		)		(62		)
	Stock warrants		Other income and (expenses)		(165		)		—
	Swaption		Other income and (expenses)		(92		)		(258		)
	Derivatives in Hedging Relationships
	Interest rate swaps (a)		Interest expense		84				71
	Total				$	60			$	(131	)
	___________
	(a)	Relates to the ineffective portion of the hedging relationship.
Schedule of Derivative Instruments	The following table presents the foreign currency derivative contracts we had outstanding and their designations at March 31, 2015 (currency in thousands):
	Foreign Currency Derivatives		Number of Instruments		Notional Amount				Fair Value at
									March 31, 2015 (a)
	Designated as Cash Flow Hedging Instruments
	Foreign currency forward contracts		92		182,867		EUR		$	43,548
	Foreign currency forward contracts		17		12,239		NOK		133
	Not Designated as Hedging Instruments
	Foreign currency forward contracts		2		90,000		EUR		2,212
	Designated as Net Investment Hedging Instruments
	Foreign currency forward contracts		12		1,123,025		JPY		4,475
	Foreign currency forward contracts		5		7,996		NOK		87
									$	50,455
	___________
	(a)	Fair value amounts are based on the exchange rate of the euro, the Norwegian krone, or the Japanese yen, as applicable, at March 31, 2015.
	The interest rate swaps and swaption that we had outstanding on our consolidated subsidiaries at March 31, 2015 are summarized as follows (currency in thousands):
	Interest Rate Derivatives		Number of Instruments		Notional Amount				Fair Value at
									March 31, 2015 (a)
	Designated as Cash Flow Hedging Instruments
	Interest rate swaps		7		190,810		EUR		$	(6,143	)
	Interest rate swaps		13		233,554		USD		(8,862		)
	Not Designated as Hedging Instrument
	Swaption		1		13,230		USD		413
									$	(14,592	)
	____________
	(a)	Fair value amount is based on the exchange rate of the euro at March 31, 2015, as applicable.
	The interest rate swap that one of our unconsolidated jointly-owned investments had outstanding at March 31, 2015 and was designated as a cash flow hedge is summarized as follows (currency in thousands):
	Interest Rate Derivative		Ownership Interest in Investee at		Number of Instruments		Notional Amount				Fair Value at
			31-Mar-15								March 31, 2015 (a)
	Interest rate swap		85%		1		11,552		EUR		$	(578	)
	____________
	(a)	Fair value amount is based on the exchange rate of the euro at March 31, 2015.

NonRecourse_Debt_Tables

Non-Recourse Debt (Tables)	3 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
Schedule of Debt	Scheduled debt principal payments during the remainder of 2015, each of the next four calendar years following December 31, 2015, and thereafter are as follows (in thousands):
	Years Ending December 31,	Total
	2015 (remainder)	$	56,035
	2016	246,898
	2017	339,037
	2018	153,430
	2019	38,620
	Thereafter through 2039	1,018,167
		1,852,187
	Unamortized discount, net	(2,870		)
	Total	$	1,849,317

Equity_Tables

Equity (Tables)	3 Months Ended
	Mar. 31, 2015
Equity [Abstract]
Reclassification out of Accumulated Other Comprehensive Income	The following tables present a reconciliation of changes in Accumulated other comprehensive loss by component for the periods presented (in thousands):
		Three Months Ended March 31, 2015
		Gains and Losses			Gains and Losses on Marketable Securities			Foreign Currency Translation Adjustments			Total
		on Derivative Instruments
	Beginning balance	$	7,311		$	(106	)	$	(88,212	)	$	(81,007	)
	Other comprehensive income (loss) before reclassifications	23,581			7			(88,730		)	(65,142		)
	Amounts reclassified from accumulated other comprehensive loss to:
	Interest expense	2,284			—			—			2,284
	Other income and (expenses)	(3,129		)	—			—			(3,129		)
	Total	(845		)	—			—			(845		)
	Net current-period Other comprehensive income (loss)	22,736			7			(88,730		)	(65,987		)
	Net current-period Other comprehensive loss attributable to noncontrolling interests	—			—			1,224			1,224
	Ending balance	$	30,047		$	(99	)	$	(175,718	)	$	(145,770	)
		Three Months Ended March 31, 2014
		Gains and Losses			Gains and Losses on Marketable Securities			Foreign Currency Translation Adjustments			Total
		on Derivative Instruments
	Beginning balance	$	(16,717	)	$	(391	)	$	3,666		$	(13,442	)
	Other comprehensive (loss) income before reclassifications	(4,757		)	24			(1,060		)	(5,793		)
	Amounts reclassified from accumulated other comprehensive loss to:
	Interest expense	2,134			—			—			2,134
	Other income and (expenses)	112			—			—			112
	Total	2,246			—			—			2,246
	Net current-period Other comprehensive (loss) income	(2,511		)	24			(1,060		)	(3,547		)
	Net current-period Other comprehensive (income) loss attributable to noncontrolling interests	(149		)	—			4			(145		)
	Ending balance	$	(19,377	)	$	(367	)	$	2,610		$	(17,134	)

Organization_Narratives_Detail

Organization (Narratives) (Details)	Mar. 31, 2015
	property
	tenant
	sqft
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of tenants	113
Square footage of real estate properties	38,000,000
Real Estate Properties
Number of real estate properties	368
Capital interest in operating partnership	99.99%
Operating real estate
Real Estate Properties
Number of real estate properties	72
Square footage of operating properties	5,000,000
Self storage
Real Estate Properties
Number of real estate properties	71
Hotel
Real Estate Properties
Number of real estate properties	1

Revisions_of_PreviouslyIssued_2

Revisions of Previously-Issued Financial Statements (Narratives) (Details) (USD $)	3 Months Ended		0 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Jan. 01, 2014	Dec. 31, 2014	Dec. 31, 2013
Equity in earnings (losses) of equity method investments in real estate	$3,215,000	($2,864,000)
Other income and (expenses)	-3,394,000	683,000
Beginning equity balance, value	2,385,397,000	2,485,724,000	2,485,724,000
Change in net unrealized loss on derivative instruments	22,736,000	-2,511,000
Provision for income taxes	791,000	638,000
Net cash provided by operating activities	55,520,000	46,143,000
Net cash used in investing activities	-166,412,000	-154,623,000
Revisions
Equity in earnings (losses) of equity method investments in real estate		385,000
Other income and (expenses)		-269,000
Beginning equity balance, value		426,000	426,000
Change in net unrealized loss on derivative instruments		-60,000
Provision for income taxes		-58,000
Net cash provided by operating activities		-500,000
Net cash used in investing activities		-500,000
Distributions in Excess of Accumulated Earnings
Beginning equity balance, value		-431,095,000	-431,095,000	-567,806,000
Adjustment to prior period balances			500,000
Distributions in Excess of Accumulated Earnings | Revisions
Beginning equity balance, value					8,593,000
Accumulated Other Comprehensive Loss
Beginning equity balance, value	-81,007,000	-13,442,000	-13,442,000
Change in net unrealized loss on derivative instruments	22,736,000	-2,660,000
Adjustment to prior period balances			100,000
Accumulated Other Comprehensive Loss | Revisions
Beginning equity balance, value					-8,167,000
Accumulated Other Comprehensive Loss | Revisions | Foreign currency translation
Beginning equity balance, value					($8,100,000)

Revisions_of_PreviouslyIssued_3

Revisions of Previously-Issued Financial Statements (Details 1) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Revenues
Total revenues	$98,750	$101,149
Operating Expenses
Total operating expenses	54,108	58,523
Other Income and Expenses
Equity in losses of equity method investments in real estate	3,215	-2,864
Other income and (expenses)	-3,394	683
Interest expense	-22,025	-23,329
Nonoperating income expense	-22,204	-25,510
Income before income taxes	22,438	17,116
Provision for income taxes	-791	-638
Net Income	23,844	16,478
Net income attributable to noncontrolling interests	-9,264	-7,677
Net income attributable to CPA:17 - Global	14,580	8,801
Net income attributable to CPA:17 - Global (usd per share)	$0.04	$0.03
Weighted-Average Shares Outstanding	331,058,291	319,740,857
As Reported
Revenues
Total revenues		101,149
Operating Expenses
Total operating expenses		58,523
Other Income and Expenses
Equity in losses of equity method investments in real estate		-3,249
Other income and (expenses)		952
Interest expense		-23,329
Nonoperating income expense		-25,626
Income before income taxes		17,000
Provision for income taxes		-696
Net Income		16,304
Net income attributable to noncontrolling interests		-7,677
Net income attributable to CPA:17 - Global		8,627
Net income attributable to CPA:17 - Global (usd per share)		$0.03
Weighted-Average Shares Outstanding		319,740,857
Revisions
Revenues
Total revenues		0
Operating Expenses
Total operating expenses		0
Other Income and Expenses
Equity in losses of equity method investments in real estate		385
Other income and (expenses)		-269
Interest expense		0
Nonoperating income expense		116
Income before income taxes		116
Provision for income taxes		58
Net Income		174
Net income attributable to noncontrolling interests		0
Net income attributable to CPA:17 - Global		$174
Net income attributable to CPA:17 - Global (usd per share)		$0

Revisions_of_PreviouslyIssued_4

Revisions of Previously-Issued Financial Statements (Details 2) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Statement of Comprehensive Income
Net Income	$23,844	$16,478
Other Comprehensive Loss
Foreign currency translation adjustments	-88,730	-1,060
Change in net unrealized loss on derivative instruments	22,736	-2,511
Change in unrealized gain on marketable securities	7	24
Total other comprehensive loss	-65,987	-3,547
Comprehensive Income	-42,143	12,931
Amounts Attributable to Noncontrolling Interests
Net income	-9,264	-7,677
Foreign currency translation adjustments	1,224	4
Change in net unrealized gain on derivative instruments	0	-149
Comprehensive income attributable to noncontrolling interests	-8,040	-7,822
Comprehensive Income Attributable to CPA:17 - Global	-50,183	5,109
As Reported
Statement of Comprehensive Income
Net Income		16,304
Other Comprehensive Loss
Foreign currency translation adjustments		-1,390
Change in net unrealized loss on derivative instruments		-2,451
Change in unrealized gain on marketable securities		24
Total other comprehensive loss		-3,817
Comprehensive Income		12,487
Amounts Attributable to Noncontrolling Interests
Net income		-7,677
Foreign currency translation adjustments		4
Change in net unrealized gain on derivative instruments		-149
Comprehensive income attributable to noncontrolling interests		-7,822
Comprehensive Income Attributable to CPA:17 - Global		4,665
Revisions
Statement of Comprehensive Income
Net Income		174
Other Comprehensive Loss
Foreign currency translation adjustments		330
Change in net unrealized loss on derivative instruments		-60
Change in unrealized gain on marketable securities		0
Total other comprehensive loss		270
Comprehensive Income		444
Amounts Attributable to Noncontrolling Interests
Net income		0
Foreign currency translation adjustments		0
Change in net unrealized gain on derivative instruments		0
Comprehensive income attributable to noncontrolling interests		0
Comprehensive Income Attributable to CPA:17 - Global		$444

Revisions_of_PreviouslyIssued_5

Revisions of Previously-Issued Financial Statements (Details 3) (USD $)	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Beginning equity balance, value	$2,311,119	$2,385,397	$2,467,249	$2,485,724
Beginning equity balance, shares	331,806,009	328,480,839
Common Stock
Beginning equity balance, value	340	337	326	323
Beginning equity balance, shares	331,806,009	328,480,839	320,249,834	317,353,899
Additional Paid-In-Capital
Beginning equity balance, value	3,063,579	3,033,283	2,936,251	2,904,927
Distributions in Excess of Accumulated Earnings
Beginning equity balance, value	-607,147	-567,806	-474,334	-431,095
Accumulated Other Comprehensive Loss
Beginning equity balance, value	-145,770	-81,007	-17,134	-13,442
Treasury Stock
Beginning equity balance, value	-77,852	-77,852	-56,031	-52,477
Total CPA:17 - Global Stockholders
Beginning equity balance, value	2,233,150	2,306,955	2,389,078	2,408,236
Noncontrolling Interest
Beginning equity balance, value	77,969	78,442	78,171	77,488
As Reported
Beginning equity balance, value				2,485,298
As Reported | Common Stock
Beginning equity balance, value				323
Beginning equity balance, shares				317,353,899
As Reported | Additional Paid-In-Capital
Beginning equity balance, value				2,904,927
As Reported | Distributions in Excess of Accumulated Earnings
Beginning equity balance, value				-439,688
As Reported | Accumulated Other Comprehensive Loss
Beginning equity balance, value				-5,275
As Reported | Treasury Stock
Beginning equity balance, value				-52,477
As Reported | Total CPA:17 - Global Stockholders
Beginning equity balance, value				2,407,810
As Reported | Noncontrolling Interest
Beginning equity balance, value				77,488
Revisions
Beginning equity balance, value				426
Revisions | Common Stock
Beginning equity balance, value				0
Beginning equity balance, shares				0
Revisions | Additional Paid-In-Capital
Beginning equity balance, value				0
Revisions | Distributions in Excess of Accumulated Earnings
Beginning equity balance, value				8,593
Revisions | Accumulated Other Comprehensive Loss
Beginning equity balance, value				-8,167
Revisions | Treasury Stock
Beginning equity balance, value				0
Revisions | Total CPA:17 - Global Stockholders
Beginning equity balance, value				426
Revisions | Noncontrolling Interest
Beginning equity balance, value				$0

Agreements_and_Transactions_wi2

Agreements and Transactions with Related Parties (Narratives) (Details) (USD $)	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Acquisitions and Disposition Fees
Preferred return by advisor	5.00%
Interest rate on unpaid deferred acquisition fees	5.00%
Asset Management Fees and Available Cash Distributions
Net asset value		$9.72
Percentage of asset management fees paid in cash	50.00%
Percentage of asset management fees paid in shares	50.00%
Common stock shares outstanding	331,806,009	328,480,839
Percentage of available cash distribution to advisor	10.00%
Personnel And Office Rent Reimbursement
Maximum personnel and overhead reimbursement, percentage	2.40%
Legal fee reimbursement rate	0.25%
Line of credit, maximum borrowing capacity	$75,000,000
Adjusted net income
Personnel And Office Rent Reimbursement
Percentage of operating expenses reimbursements	25.00%
Average invested assets
Personnel And Office Rent Reimbursement
Percentage of operating expenses reimbursements	2.00%
Long-term net lease
Acquisitions and Disposition Fees
Percentage of acquisition fees	4.50%
Long-term net lease | Average market value
Asset Management Fees and Available Cash Distributions
Percentage of asset management fees	0.50%
Long-term net lease | Current
Acquisitions and Disposition Fees
Percentage of acquisition fees	2.50%
Long-term net lease | Deferred
Acquisitions and Disposition Fees
Percentage of acquisition fees	2.00%
Minimum
Personnel And Office Rent Reimbursement
Ownership interest, percentage	7.00%
Minimum | Average equity value
Asset Management Fees and Available Cash Distributions
Percentage of asset management fees	1.50%
Minimum | Non-long term net lease
Acquisitions and Disposition Fees
Percentage of acquisition fees	0.00%
Maximum
Personnel And Office Rent Reimbursement
Ownership interest, percentage	97.00%
Maximum | Real estate commission
Acquisitions and Disposition Fees
Percentage of subordinated disposition fees	50.00%
Maximum | Average equity value
Asset Management Fees and Available Cash Distributions
Percentage of asset management fees	1.75%
Maximum | Contract sales price of investment
Acquisitions and Disposition Fees
Percentage of subordinated disposition fees	3.00%
Maximum | Non-long term net lease
Acquisitions and Disposition Fees
Percentage of acquisition fees	1.75%
Advisor
Asset Management Fees and Available Cash Distributions
Common stock shares outstanding	9,273,355
Percentage of total common stock outstanding held by related party	2.80%
2016
Personnel And Office Rent Reimbursement
Maximum personnel and overhead reimbursement, percentage	2.20%
Post 2016
Personnel And Office Rent Reimbursement
Maximum personnel and overhead reimbursement, percentage	2.00%

Agreements_and_Transactions_wi3

Agreements and Transactions with Related Parties (Details 1) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Amounts Included in the Consolidated Statements of Income
Asset management fees	$7,142	$6,620
Available Cash Distribution	6,064	4,679
Personnel and overhead reimbursements	3,456	3,499
Acquisition expenses	430	893
Interest expense on deferred acquisition fees and loan from affiliate	73	151
Operating expenses	17,165	15,842
Acquisition Fees Capitalized
Current acquisition fees	2,434	5
Deferred acquisition fees	1,729	8
Transaction fees incurred	$4,163	$13

Agreements_and_Transactions_wi4

Agreements and Transactions with Related Parties (Details 2) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Related Party Transactions [Abstract]
Deferred acquisition fees, including interest	$5,630	$9,394
Asset management fees payable	4,795	2,283
Reimbursable costs	3,214	228
Accounts payable	1,651	527
Subordinated disposition fees	202	202
Current acquisition fees	102	0
Due to Related Parties	$15,594	$12,634

Net_Investments_in_Properties_2

Net Investments in Properties and Real Estate Under Construction (Narratives) (Details) (USD $)	3 Months Ended		12 Months Ended	0 Months Ended	3 Months Ended	0 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014	Apr. 24, 2014	Jun. 30, 2014	Jan. 16, 2015	Feb. 26, 2015
			property
Foreign Currency Translation
Effects of foreign currency translation on balance sheet item	($88,730,000)	($1,060,000)
Acquisition
Acquisition-related cost and fees, capitalized	4,163,000	13,000
Acquisition costs, expensed	603,000	1,129,000
Number of construction projects put in service			4
Ishops
Acquisition
Potential business acquisition, ownership percentage				15.00%
Gain on the sale of property	2,200,000			14,600,000	12,400,000
Deferred gain on the sale of property				2,200,000
Real estate
Foreign Currency Translation
Effects of foreign currency translation on balance sheet item	-100,900,000
Acquisition
Investment purchase price	86,000,000
Acquired finite-lived intangible asset, amount	25,800,000
Acquisition-related cost and fees, capitalized	4,300,000
Additional funding for building improvements			2,800,000
Real estate | Office facility in San Antonio, TX
Acquisition
Investment purchase price						22,200,000
Real estate | Warehouse facility in Mszczonów and Tomaszów Mazowiecki, Poland
Acquisition
Investment purchase price							63,800,000
Number of properties acquired							2
Real estate under construction
Acquisition
Acquisition-related cost and fees, capitalized			1,600,000
Number of construction projects put in service	2		1
Assets placed into service, value	4,814,000		96,807,000
Capitalized interest	1,152,000		6,661,000
Capitalized funds	5,306,000		74,420,000
Number of open construction projects	3		2
Unfunded commitments	19,600,000		12,500,000
Ongoing Build-to-Suit Projects | Real estate under construction
Acquisition
Capitalized funds	4,000,000
Number of open construction projects	4
New Build-to-Suit Projects | Real estate under construction
Acquisition
Capitalized funds	1,300,000
Number of open construction projects	1
Completed construction projects put in service
Acquisition
Number of construction projects put in service			3
Completed construction projects put in service | Real estate
Acquisition
Transfer of assets noncash			81,900,000
Partially completed projects put in service | Operating real estate
Acquisition
Transfer of assets noncash			14,900,000

Net_Investments_in_Properties_3

Net Investments in Properties and Real Estate Under Construction (Details 1) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Investments in real estate
Less: Accumulated depreciation	($205,401)	($197,695)
Net investments in properties	2,423,716	2,471,879
Real estate
Investments in real estate
Land	499,493	513,172
Buildings	1,856,469	1,883,543
Less: Accumulated depreciation	-181,175	-175,478
Net investments in properties	2,174,787	2,221,237
Operating real estate
Investments in real estate
Land	66,066	66,066
Buildings	207,089	206,793
Less: Accumulated depreciation	-24,226	-22,217
Net investments in properties	$248,929	$250,642

Net_Investments_in_Properties_4

Net Investments in Properties and Real Estate Under Construction (Details 2) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Real Estate Under Construction
Ending balance	$111,011	$110,983
Real estate under construction
Real Estate Under Construction
Beginning balance	110,983	127,935
Capitalized funds	5,306	74,420
Placed into service	-4,814	-96,807
Foreign currency translation adjustments, building improvements, and other	-1,616	-1,226
Capitalized interest	1,152	6,661
Ending balance	$111,011	$110,983

Finance_Receivables_Narratives

Finance Receivables (Narratives) (Details) (USD $)	0 Months Ended		3 Months Ended		0 Months Ended
	Feb. 03, 2015	Jan. 08, 2015	Mar. 31, 2015	Mar. 31, 2014	Dec. 14, 2010	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable
Financing receivable			$82,600,000			$40,000,000
Acquisition costs, expensed			603,000	1,129,000
Notes receivable maturity date	3-Feb-16	8-Jan-16
Net investments in direct financing leases			474,852,000			479,425,000
AR billed under DFL			500,000			600,000
127 West 23rd Investors, LLC
Accounts, Notes, Loans and Financing Receivable
Financing receivable	12,600,000		12,600,000
Notes receivable interest rate	7.00%
Acquisition costs, expensed	100,000
1185 Broadway LLC
Accounts, Notes, Loans and Financing Receivable
Financing receivable		30,000,000	30,000,000
Notes receivable interest rate		10.00%
Acquisition costs, expensed		300,000
China Alliance Properties Limited
Accounts, Notes, Loans and Financing Receivable
Financing receivable			$40,000,000		$40,000,000	$40,000,000
Notes receivable interest rate					11.00%
Notes receivable maturity date					14-Dec-15

Finance_Receivables_Details_1

Finance Receivables (Details 1) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Credit Quality Of Finanace Receivables:
Net investments in direct financing leases	$474,852	$479,425
Financing receivable	82,600	40,000
Internally Assigned Grade 1 | Net investments in direct financing lease
Credit Quality Of Finanace Receivables:
Number of tenants and obligors	0	0
Net investments in direct financing leases	0	0
Internally Assigned Grade 1 | Notes Receivable
Credit Quality Of Finanace Receivables:
Number of tenants and obligors	0	0
Financing receivable	0	0
Internally Assigned Grade 2 | Net investments in direct financing lease
Credit Quality Of Finanace Receivables:
Number of tenants and obligors	1	1
Net investments in direct financing leases	2,260	2,259
Internally Assigned Grade 2 | Notes Receivable
Credit Quality Of Finanace Receivables:
Number of tenants and obligors	0	0
Financing receivable	0	0
Internally Assigned Grade 3 | Net investments in direct financing lease
Credit Quality Of Finanace Receivables:
Number of tenants and obligors	8	8
Net investments in direct financing leases	384,431	389,245
Internally Assigned Grade 3 | Notes Receivable
Credit Quality Of Finanace Receivables:
Number of tenants and obligors	3	1
Financing receivable	82,600	40,000
Internally Assigned Grade 4 | Net investments in direct financing lease
Credit Quality Of Finanace Receivables:
Number of tenants and obligors	3	3
Net investments in direct financing leases	88,161	87,921
Internally Assigned Grade 4 | Notes Receivable
Credit Quality Of Finanace Receivables:
Number of tenants and obligors	0	0
Financing receivable	0	0
Internally Assigned Grade 5 | Net investments in direct financing lease
Credit Quality Of Finanace Receivables:
Number of tenants and obligors	0	0
Net investments in direct financing leases	0	0
Internally Assigned Grade 5 | Notes Receivable
Credit Quality Of Finanace Receivables:
Number of tenants and obligors	0	0
Financing receivable	$0	$0

Equity_Investments_in_Real_Est2

Equity Investments in Real Estate (Narratives) (Details) (USD $)	3 Months Ended		0 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Feb. 02, 2015	Nov. 19, 2014	Dec. 31, 2014
Footnote Details
Non-recourse mortgage loans	$17,000,000
Payments to Acquire Equity Method Investments	25,566,000	114,030,000
Equity in earnings (losses) of equity method investments in real estate	3,215,000	-2,864,000
Proceeds from equity method investment	6,731,000	10,835,000
Unamortized basis differences on our equity investments	30,200,000				31,000,000
Amortization of the basis difference	800,000	900,000
Acquisition costs, expensed	603,000	1,129,000
Equity investments in real estate	532,047,000				531,000,000
Unconsolidated Equity Investments
Footnote Details
Proceeds from equity method investment	9,400,000	5,800,000
BPS Nevada, LLC
Footnote Details
Equity in earnings (losses) of equity method investments in real estate	900,000
Acquisition costs, expensed			100,000	200,000
Ownership interest, percentage				15.00%
Increase in equity method investments			9,100,000
Equity investments in real estate				18,200,000
Third Party | Shelborne Property Associates, LLC
Footnote Details
Capitalized interest	3,300,000
Unfunded commitments	300,000
Ownership interest, percentage	33.00%
Equity investments in real estate	153,515,000				152,801,000
Third Party | IDL Wheel Tenant, LLC
Footnote Details
Capitalized interest	900,000
Unfunded commitments	4,200,000
Payments to Acquire Equity Method Investments	14,600,000
Equity investments in real estate	44,672,000				30,049,000
Third Party | Madison Storage NYC, LLC and Veritas Group IX-NYC, LLC
Footnote Details
Indirect ownership interest in equity investments	40.00%
Ownership interest, percentage	45.00%
Equity investments in real estate	19,669,000				20,147,000
Third Party | BPS Nevada, LLC
Footnote Details
Ownership interest, percentage	15.00%
Equity investments in real estate	48,349,000				40,032,000
WPC | C1000 Logistiek Vastgooed B.V
Footnote Details
Non-recourse mortgage loans	72,800,000				82,700,000
Share of the non-recourse debt	61,900,000				70,300,000
Ownership interest, percentage	85.00%
Equity investments in real estate	$60,811,000				$71,130,000

Equity_Investments_in_Real_Est3

Equity Investments in Real Estate (Details 1) (USD $)	Mar. 31, 2015	Dec. 31, 2014	Nov. 19, 2014
In Thousands, unless otherwise specified
Ownership interest in equity investments:
Equity investments in real estate	$532,047	$531,000
Shelborne Property Associates, LLC | Third Party
Ownership interest in equity investments:
Ownership interest, percentage	33.00%
Equity investments in real estate	153,515	152,801
C1000 Logistiek Vastgooed B.V | WPC
Ownership interest in equity investments:
Ownership interest, percentage	85.00%
Equity investments in real estate	60,811	71,130
BPS Nevada, LLC
Ownership interest in equity investments:
Ownership interest, percentage			15.00%
Equity investments in real estate			18,200
BPS Nevada, LLC | Third Party
Ownership interest in equity investments:
Ownership interest, percentage	15.00%
Equity investments in real estate	48,349	40,032
IDL Wheel Tenant, LLC | Third Party
Ownership interest in equity investments:
Equity investments in real estate	44,672	30,049
BG LLH, LLC | Third Party
Ownership interest in equity investments:
Ownership interest, percentage	7.00%
Equity investments in real estate	41,222	42,587
U-haul Moving Partners Inc And Mercury Partners LP | WPC
Ownership interest in equity investments:
Ownership interest, percentage	12.00%
Equity investments in real estate	40,585	41,028
Bank Pekao S.A. | CPA 18 - Global
Ownership interest in equity investments:
Ownership interest, percentage	50.00%
Equity investments in real estate	26,993	31,045
State Farm | CPA 18 - Global
Ownership interest in equity investments:
Ownership interest, percentage	50.00%
Equity investments in real estate	19,676	20,414
Madison Storage NYC, LLC and Veritas Group IX-NYC, LLC | Third Party
Ownership interest in equity investments:
Ownership interest, percentage	45.00%
Equity investments in real estate	19,669	20,147
Apply Sorco | CPA 18 - Global
Ownership interest in equity investments:
Ownership interest, percentage	49.00%
Equity investments in real estate	17,462	19,076
Berry Plastics Corporation | WPC
Ownership interest in equity investments:
Ownership interest, percentage	50.00%
Equity investments in real estate	16,421	16,632
Tesco plc | WPC
Ownership interest in equity investments:
Ownership interest, percentage	49.00%
Equity investments in real estate	12,617	14,194
Hellweg Die Profi-Baumärkte GmbH & Co. KG (referred to as Hellweg 2) | WPC
Ownership interest in equity investments:
Ownership interest, percentage	37.00%
Equity investments in real estate	9,984	9,935
Agorkor (referred to as Agrokor 5) | CPA 18 - Global
Ownership interest in equity investments:
Ownership interest, percentage	20.00%
Equity investments in real estate	7,577	8,760
Eroski Sociedad Cooperativa - Mallorca | WPC
Ownership interest in equity investments:
Ownership interest, percentage	30.00%
Equity investments in real estate	6,757	7,662
Dicks Sporting Goods, Inc. | WPC
Ownership interest in equity investments:
Ownership interest, percentage	45.00%
Equity investments in real estate	$5,737	$5,508

Intangible_Assets_and_Liabilit2

Intangible Assets and Liabilities (Narratives) (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Intangible Assets Liabilities
Net amortization of intangibles	$9.40	$9.50
Minimum
Intangible Assets Liabilities
Finite-lived net lease intangibles, useful life	1 year
Maximum
Intangible Assets Liabilities
Finite-lived net lease intangibles, useful life	53 years
Maximum | Ground lease
Intangible Assets Liabilities
Finite-lived net lease intangibles, useful life	94 years

Intangible_Assets_and_Liabilit3

Intangible Assets and Liabilities (Details 1) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015
Acquired Intangible Assets Liabilities
Intangible Assets Acquired	$26,455
Below-market rent
Acquired Intangible Assets Liabilities
Weighted-average useful life, intangible liabilities	20 years 1 month 6 days
Amortizable Intangible Liabilities	-658
In-place lease
Acquired Intangible Assets Liabilities
Weighted average useful life, intangible assets	12 years 3 months 18 days
Amortizable Intangible Assets	25,868
Above-market rent
Acquired Intangible Assets Liabilities
Weighted average useful life, intangible assets	10 years
Amortizable Intangible Assets	$587

Intangible_Assets_and_Liabilit4

Intangible Assets and Liabilities (Details 2) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Amortizable intangible assets
Finite-lived intangible assets, gross	$653,345	$651,241
Less: accumulated amortization	-142,513	-135,863
Finite-lived intangible assets, net	510,832	515,378
Unamortizable Intangible Assets
Goodwill	304	304
Total intangible assets, gross	653,649	651,545
Total intangible assets, net	511,136	515,682
Amortizable intangible liabilities
Finite-lived intangible liabilities, gross	-116,768	-118,032
Less: accumulated amortization	14,477	13,310
Finite-lived intangible liabilities, net	-102,291	-104,722
Below-market rent
Amortizable intangible liabilities
Finite-lived intangible liabilities, gross	-115,623	-116,887
Less: accumulated amortization	14,456	13,293
Finite-lived intangible liabilities, net	-101,167	-103,594
Above-market ground lease
Amortizable intangible liabilities
Finite-lived intangible liabilities, gross	-1,145	-1,145
Less: accumulated amortization	21	17
Finite-lived intangible liabilities, net	-1,124	-1,128
In-place lease and tenant relationships
Amortizable intangible assets
Finite-lived intangible assets, gross	558,406	551,569
Less: accumulated amortization	-125,526	-119,125
Finite-lived intangible assets, net	432,880	432,444
Above-market rent
Amortizable intangible assets
Finite-lived intangible assets, gross	87,816	92,548
Less: accumulated amortization	-16,758	-16,539
Finite-lived intangible assets, net	71,058	76,009
Below-market ground lease
Amortizable intangible assets
Finite-lived intangible assets, gross	7,123	7,124
Less: accumulated amortization	-229	-199
Finite-lived intangible assets, net	$6,894	$6,925

Intangible_Assets_and_Liabilit5

Intangible Assets and Liabilities (Details 3) (USD $)	Mar. 31, 2015
In Thousands, unless otherwise specified
Net
2015 (remaining)	$27,509
2016	32,717
2017	29,960
2018	29,881
2019	29,844
Thereafter	258,630
Finite lived intangible assets liabilities, net	408,541
Net Increase in Rental Income
Net
2015 (remaining)	-1,040
2016	-521
2017	-253
2018	-228
2019	-219
Thereafter	-27,848
Finite lived intangible assets liabilities, net	-30,109
Increase to Amortization/Property Expenses
Net
2015 (remaining)	28,549
2016	33,238
2017	30,213
2018	30,109
2019	30,063
Thereafter	286,478
Finite lived intangible assets liabilities, net	$438,650

Fair_Value_Measurements_Narrat

Fair Value Measurements (Narratives) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]
Impairment of CMBS	$567	$0
Deferred acquisition fees payable
Fair Value Inputs
Leverage adjusted unsecured spread	3.55%
Illiquidity Adjustment	0.75%

Fair_Value_Measurements_Detail

Fair Value Measurements (Details 1) (Level 3, USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Carrying Value
Fair Value, Balance Sheet Grouping
Non-recourse debt	$1,849,317	$1,896,489
Loan receivable	82,600	40,000
Other securities	8,426	9,381
Deferred acquisition fees payable	5,474	9,009
CMBS	2,642	3,053
Fair Value
Fair Value, Balance Sheet Grouping
Non-recourse debt	1,916,971	1,961,905
Loan receivable	83,970	41,990
Other securities	9,649	9,649
Deferred acquisition fees payable	6,109	10,077
CMBS	$8,422	$8,899

Fair_Value_Measurements_Fair_V

Fair Value Measurements Fair Value Measurements (Details 2) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Fair Value Disclosures [Abstract]
CMBS, fair value	$954	$0
Impairment of CMBS	$567	$0

Risk_Management_and_Use_of_Der2

Risk Management and Use of Derivative Financial Instruments (Narratives) (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Derivatives, Fair Value [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	$22,942,000	($2,451,000)
Derivative Instrument Detail
Collateral received	0
Total credit exposure on derivatives	48,100,000
Derivatives, net liability position	25,800,000		18,500,000
Aggregate termination value for immediate settlement	26,500,000		19,100,000
Interest expense
Derivative Instrument Detail
Estimated amount reclassified from OCI to income, derivatives	7,100,000
Other income and expense
Derivative Instrument Detail
Estimated amount reclassified from OCI to income, derivatives	8,600,000
New York Times Company | Lease revenue
Derivative Instrument Detail
Concentration risk, percentage	9.00%
Metro Cash & Italia S.p.A | Lease revenue
Derivative Instrument Detail
Concentration risk, percentage	8.00%
Agrokor d.d. | Lease revenue
Derivative Instrument Detail
Concentration risk, percentage	7.00%
KBR, Inc | Lease revenue
Derivative Instrument Detail
Concentration risk, percentage	7.00%
General Parts Inc. | Lease revenue
Derivative Instrument Detail
Concentration risk, percentage	6.00%
Golden State Supply LLC | Lease revenue
Derivative Instrument Detail
Concentration risk, percentage	6.00%
Straus-Frank Enterprises LLC | Lease revenue
Derivative Instrument Detail
Concentration risk, percentage	6.00%
General Parts Distribution LLC | Lease revenue
Derivative Instrument Detail
Concentration risk, percentage	6.00%
Worldpac Inc. | Lease revenue
Derivative Instrument Detail
Concentration risk, percentage	6.00%
Single counterparty
Derivative Instrument Detail
Total credit exposure on derivatives	23,100,000
Cash Flow Hedging | Interest rate cap
Derivatives, Fair Value [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	0	332,000
Cash Flow Hedging | Interest rate swap
Derivatives, Fair Value [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	-1,451,000	-1,919,000
Cash Flow Hedging | Foreign currency forward
Derivatives, Fair Value [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	24,205,000	-809,000
Cash Flow Hedging | Noncontrolling Interest | Interest rate cap
Derivatives, Fair Value [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net		$100,000

Risk_Management_and_Use_of_Der3

Risk Management and Use of Derivative Financial Instruments (Details 1) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Derivatives, Fair Value
Derivative assets, fair value, net	$61,769	$32,094
Derivative liability, fair value, net	-24,016	-17,458
Foreign currency forward | Designated as hedging | Other assets
Derivatives, Fair Value
Derivative assets, fair value, net	48,243	24,051
Foreign currency forward | Not designated | Other assets
Derivatives, Fair Value
Derivative assets, fair value, net	11,223	5,120
Foreign currency forward | Not designated | Accounts payable, accrued expenses and other liabilities
Derivatives, Fair Value
Derivative liability, fair value, net	-9,011	-2,904
Interest rate swap | Designated as hedging | Other assets
Derivatives, Fair Value
Derivative assets, fair value, net	0	71
Interest rate swap | Designated as hedging | Accounts payable, accrued expenses and other liabilities
Derivatives, Fair Value
Derivative liability, fair value, net	-15,005	-14,554
Embedded derivatives | Not designated | Other assets
Derivatives, Fair Value
Derivative assets, fair value, net	207	499
Stock warrants | Not designated | Other assets
Derivatives, Fair Value
Derivative assets, fair value, net	1,683	1,848
Swaption | Not designated | Other assets
Derivatives, Fair Value
Derivative assets, fair value, net	$413	$505

Risk_Management_and_Use_of_Der4

Risk Management and Use of Derivative Financial Instruments (Details 2) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Amount of Gain (Loss) Recognized in Other Comprehensive Loss on Derivatives (Effective Portion)
Derivatives, gain (loss) recognized in OCI, effective portion, net	$22,942	($2,451)
Interest rate cap | Cash Flow Hedging
Amount of Gain (Loss) Recognized in Other Comprehensive Loss on Derivatives (Effective Portion)
Derivatives, gain (loss) recognized in OCI, effective portion, net	0	332
Interest rate swap | Cash Flow Hedging
Amount of Gain (Loss) Recognized in Other Comprehensive Loss on Derivatives (Effective Portion)
Derivatives, gain (loss) recognized in OCI, effective portion, net	-1,451	-1,919
Foreign currency collars | Cash Flow Hedging
Amount of Gain (Loss) Recognized in Other Comprehensive Loss on Derivatives (Effective Portion)
Derivatives, gain (loss) recognized in OCI, effective portion, net	0	-116
Foreign currency forward | Cash Flow Hedging
Amount of Gain (Loss) Recognized in Other Comprehensive Loss on Derivatives (Effective Portion)
Derivatives, gain (loss) recognized in OCI, effective portion, net	24,205	-809
Foreign currency forward | Derivatives Formerly in Net Investment Hedging Relationships
Amount of Gain (Loss) Recognized in Other Comprehensive Loss on Derivatives (Effective Portion)
Derivatives, gain (loss) recognized in OCI, effective portion, net	188	0
Foreign currency forward | Net Investment Hedging
Amount of Gain (Loss) Recognized in Other Comprehensive Loss on Derivatives (Effective Portion)
Derivatives, gain (loss) recognized in OCI, effective portion, net	0	61
Noncontrolling interest | Interest rate cap | Cash Flow Hedging
Amount of Gain (Loss) Recognized in Other Comprehensive Loss on Derivatives (Effective Portion)
Derivatives, gain (loss) recognized in OCI, effective portion, net		$100

Risk_Management_and_Use_of_Der5

Risk Management and Use of Derivative Financial Instruments (Details 3) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Amount of Gain (Loss) Reclassified from Other Comprehensive Loss into Income (Effective Portion)
Derivatives, gain (loss) reclassified from AOCI to Income, effective portion, net	$845	($2,246)
Interest rate cap | Interest expense
Amount of Gain (Loss) Reclassified from Other Comprehensive Loss into Income (Effective Portion)
Derivatives, gain (loss) reclassified from AOCI to Income, effective portion, net	0	-332
Interest rate swap | Interest expense
Amount of Gain (Loss) Reclassified from Other Comprehensive Loss into Income (Effective Portion)
Derivatives, gain (loss) reclassified from AOCI to Income, effective portion, net	-2,284	-1,802
Foreign currency collars | Other income and (expense)
Amount of Gain (Loss) Reclassified from Other Comprehensive Loss into Income (Effective Portion)
Derivatives, gain (loss) reclassified from AOCI to Income, effective portion, net	0	77
Foreign currency forward | Other income and (expense)
Amount of Gain (Loss) Reclassified from Other Comprehensive Loss into Income (Effective Portion)
Derivatives, gain (loss) reclassified from AOCI to Income, effective portion, net	$3,129	($189)

Risk_Management_and_Use_of_Der6

Risk Management and Use of Derivative Financial Instruments (Details 4) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Amount of Gain (Loss) Recognized in Income on Derivatives
Amount of gain (loss) recognized income on derivatives	$60	($131)
Embedded derivatives | Not designated | Other income and (expense)
Amount of Gain (Loss) Recognized in Income on Derivatives
Amount of gain (loss) recognized income on derivatives	237	118
Foreign currency forward | Not designated | Other income and (expense)
Amount of Gain (Loss) Recognized in Income on Derivatives
Amount of gain (loss) recognized income on derivatives	-4	-62
Stock warrants | Not designated | Other income and (expense)
Amount of Gain (Loss) Recognized in Income on Derivatives
Amount of gain (loss) recognized income on derivatives	-165	0
Swaption | Not designated | Other income and (expense)
Amount of Gain (Loss) Recognized in Income on Derivatives
Amount of gain (loss) recognized income on derivatives	-92	-258
Interest rate swap | Designated as hedging | Interest expense
Amount of Gain (Loss) Recognized in Income on Derivatives
Amount of gain (loss) recognized income on derivatives	$84	$71

Risk_Management_and_Use_of_Der7

Risk Management and Use of Derivative Financial Instruments (Details 5) (USD $)	Mar. 31, 2015
In Thousands, unless otherwise specified
Derivative
Fair value	($14,592)
Cash Flow Hedging | Interest rate swap | Euro
Derivative
Derivative number of instruments	7
Derivative notional amount	190,810
Fair value	-6,143
Cash Flow Hedging | Interest rate swap | USD
Derivative
Derivative number of instruments	13
Derivative notional amount	233,554
Fair value	-8,862
Not designated | Swaption | USD
Derivative
Derivative number of instruments	1
Derivative notional amount	13,230
Fair value	$413

Risk_Management_and_Use_of_Der8

Risk Management and Use of Derivative Financial Instruments (Details 6) (USD $)	Mar. 31, 2015
In Thousands, unless otherwise specified
Derivative Instrument Detail
Derivative fair value	($14,592)
Cash Flow Hedging | Interest rate swap
Derivative Instrument Detail
Ownership interest, percentage	85.00%
Derivative number of instruments	1
Derivative notional amount	11,552
Derivative fair value	($578)

Risk_Management_and_Use_of_Der9

Risk Management and Use of Derivative Financial Instruments (Details 7) (USD $)	Mar. 31, 2015
In Thousands, unless otherwise specified
Derivative Instrument Detail
Fair value, foreign currency derivatives	$50,455
Designated as hedging | Foreign currency contract | Yen
Derivative Instrument Detail
Derivative number of instruments	12
Derivative notional amount	1,123,025
Fair value, foreign currency derivatives	4,475
Designated as hedging | Foreign currency contract | NOK
Derivative Instrument Detail
Derivative number of instruments	5
Derivative notional amount	7,996
Fair value, foreign currency derivatives	87
Not designated | Foreign currency contract | Euro
Derivative Instrument Detail
Derivative number of instruments	2
Derivative notional amount	90,000
Fair value, foreign currency derivatives	2,212
Cash Flow Hedging | Designated as hedging | Foreign currency contract | Euro
Derivative Instrument Detail
Derivative number of instruments	92
Derivative notional amount	182,867
Fair value, foreign currency derivatives	43,548
Cash Flow Hedging | Designated as hedging | Foreign currency contract | NOK
Derivative Instrument Detail
Derivative number of instruments	17
Derivative notional amount	12,239
Fair value, foreign currency derivatives	$133

NonRecourse_Debt_Narratives_De

Non-Recourse Debt (Narratives) (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
	loan
Additional Debt Disclosures
Mortgage notes payable, collateral	$2,800,000,000		$2,900,000,000
Loans assumed	2
Non-recourse mortgage loans	17,000,000
Debt, weighted average interest rate	4.10%
Debt instrument terms (years)	9 years
Unamortized (premium), net	2,870,000
Effects of foreign currency translation on balance sheet item	-88,730,000	-1,060,000
Minimum
Additional Debt Disclosures
Debt maturity date	31-Dec-15
Maximum
Additional Debt Disclosures
Debt maturity date	31-Dec-39
Investments made in prior years
Additional Debt Disclosures
Non-recourse mortgage loans	2,200,000
Current
Additional Debt Disclosures
Non-recourse mortgage loans	14,800,000
Fixed interest rate
Additional Debt Disclosures
Mortgage loan real estate, minimum interest rate	2.00%
Mortgage loan real estate, maximum interest rate	8.00%
Variable interest rate
Additional Debt Disclosures
Mortgage loan real estate, minimum interest rate	2.80%
Mortgage loan real estate, maximum interest rate	6.10%
Non-recourse debt
Additional Debt Disclosures
Effects of foreign currency translation on balance sheet item	($57,800,000)

NonRecourse_Debt_Details_1

Non-Recourse Debt (Details 1) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Long-term Debt, Fiscal Year Maturity
2015 (remainder)	$56,035
2016	246,898
2017	339,037
2018	153,430
2019	38,620
Thereafter through 2039	1,018,167
Long-term debt	1,852,187
Unamortized discount, net	-2,870
Total	$1,849,317	$1,896,489

Equity_Narratives_Details

Equity (Narratives) (Details) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Stockholders' Equity Note [Abstract]
Distributions declared per share	$0.16	$0.16
Dividend payable, date	15-Apr-15
Distributions payable	$53,921		$53,378

Equity_Details_1

Equity (Details 1) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	($81,007)	($13,442)
Other comprehensive income (loss) before reclassifications	-65,142	-5,793
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	-845	2,246
Net current-period Other comprehensive income (loss)	-65,987	-3,547
Net current-period Other comprehensive loss attributable to noncontrolling interests	1,224	-145
Ending balance	-145,770	-17,134
Interest Expense
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	2,284	2,134
Other income and (expense)
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	-3,129	112
Gains and Losses on Derivative Instruments
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	7,311	-16,717
Other comprehensive income (loss) before reclassifications	23,581	-4,757
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	-845	2,246
Net current-period Other comprehensive income (loss)	22,736	-2,511
Net current-period Other comprehensive loss attributable to noncontrolling interests	0	-149
Ending balance	30,047	-19,377
Gains and Losses on Derivative Instruments | Interest Expense
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	2,284	2,134
Gains and Losses on Derivative Instruments | Other income and (expense)
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	-3,129	112
Gains and Losses on Marketable Securities
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	-106	-391
Other comprehensive income (loss) before reclassifications	7	24
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	0	0
Net current-period Other comprehensive income (loss)	7	24
Net current-period Other comprehensive loss attributable to noncontrolling interests	0	0
Ending balance	-99	-367
Gains and Losses on Marketable Securities | Interest Expense
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	0	0
Gains and Losses on Marketable Securities | Other income and (expense)
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	0	0
Foreign Currency Translation Adjustments
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	-88,212	3,666
Other comprehensive income (loss) before reclassifications	-88,730	-1,060
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	0	0
Net current-period Other comprehensive income (loss)	-88,730	-1,060
Net current-period Other comprehensive loss attributable to noncontrolling interests	1,224	4
Ending balance	-175,718	2,610
Foreign Currency Translation Adjustments | Interest Expense
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	0	0
Foreign Currency Translation Adjustments | Other income and (expense)
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	$0	$0