Industrial Income Trust Inactive 10-K27 Feb 152014 FY Annual reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
Share data in Millions, unless otherwise specified	Dec. 31, 2014	Feb. 20, 2015	Jun. 30, 2014
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	FALSE
Document Period End Date	31-Dec-14
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY
Entity Registrant Name	Industrial Income Trust Inc.
Entity Central Index Key	1464720
Current Fiscal Year End Date	-19
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		213.2
Entity Public Float			$0

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
ASSETS
Net investment in real estate properties	$3,519,151	$3,499,570
Investment in unconsolidated joint ventures	8,208	8,066
Cash and cash equivalents	8,053	18,358
Restricted cash	5,941	2,813
Straight-line rent and tenant receivables, net	46,037	34,111
Notes receivable	3,612	3,612
Deferred financing costs, net	9,094	11,543
Other assets	27,554	35,991
Total assets	3,627,650	3,614,064
Liabilities
Accounts payable and accrued expenses	26,873	29,092
Debt	1,978,625	1,876,631
Distributions payable	33,072	32,301
Other liabilities	80,134	83,958
Total liabilities	2,118,704	2,021,982
Commitments and contingencies (Note 14)
Stockholders' equity:
Preferred stock, $0.01 par value-200,000 shares authorized, none issued and outstanding	0	0
Common stock, $0.01 par value-1,000,000 shares authorized, 211,573 and 206,743 shares issued and outstanding, respectively	2,116	2,067
Additional paid-in capital	1,920,711	1,874,539
Accumulated deficit	-409,402	-287,138
Accumulated other comprehensive (loss) income	-4,480	2,613
Total stockholders' equity	1,508,945	1,592,081
Noncontrolling interests	1	1
Total equity	1,508,946	1,592,082
Total liabilities and equity	$3,627,650	$3,614,064

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Statement of Financial Position [Abstract]
Preferred stock, par value	$0.01	$0.01
Preferred stock, shares authorized	200,000,000	200,000,000
Preferred stock, issued	0	0
Preferred stock, outstanding	0	0
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	1,000,000,000	1,000,000,000
Common stock, shares issued	211,573,000	206,743,000
Common stock, shares outstanding	211,573,000	206,743,000

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Revenues:
Rental revenues	$312,457	$249,852	$127,893
Total revenues	312,457	249,852	127,893
Operating expenses:
Rental expenses	82,100	64,021	30,674
Real estate-related depreciation and amortization	141,794	121,339	60,479
General and administrative expenses	6,557	6,882	5,699
Asset management fees, related party	29,548	23,063	11,918
Acquisition expenses, related party	3,432	11,477	12,715
Acquisition and strategic transaction expenses	1,614	12,912	9,186
Total operating expenses	265,045	239,694	130,671
Operating income (loss)	47,412	10,158	-2,778
Other (expenses) income:
Equity in loss of unconsolidated joint ventures	-75	-2,866	-2,944
Interest expense and other	-62,869	-50,898	-29,021
Gain on disposition of real estate properties	24,471	0	0
Loss on early extinguishment of debt	0	0	-837
Gain on acquisition of joint venture	0	26,481	0
Incentive fee from acquisition of joint venture	0	1,985	0
Total other (expenses) income	-38,473	-25,298	-32,802
Net income (loss)	8,939	-15,140	-35,580
Net income (loss) attributable to noncontrolling interests	0	0	0
Net income (loss) attributable to common stockholders	$8,939	($15,140)	($35,580)
Weighted-average shares outstanding	209,958	179,619	102,215
Net income (loss) per common share-basic and diluted	$0.04	($0.08)	($0.35)

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Statement of Comprehensive Income [Abstract]
Net income (loss) attributable to common stockholders	$8,939	($15,140)	($35,580)
Unrealized (loss) gain on derivative instruments	-7,093	2,869	-29
Comprehensive income (loss) attributable to common stockholders	$1,846	($12,271)	($35,609)

CONSOLIDATED_STATEMENTS_OF_EQU

CONSOLIDATED STATEMENTS OF EQUITY (USD $)	Total	Common Stock [Member]	Additional Paid-In Capital [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Noncontrolling Interests [Member]
In Thousands	Total	Common Stock [Member]	Additional Paid-In Capital [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Noncontrolling Interests [Member]
Beginning balance at Dec. 31, 2011	$472,793	$606	$532,901	($60,488)	($227)	$1
Beginning balance, shares at Dec. 31, 2011		60,550
Net income (loss)	-35,580			-35,580
Unrealized gain (loss) on derivative instruments	-29				-29
Issuance of common stock	730,991	724	730,267
Issuance of common stock, shares		72,487
Offering costs	-72,286		-72,286
Redemptions of common stock	-5,982	-6	-5,976
Redemptions of common stock, shares	-613	-613
Distributions to stockholders	-63,826			-63,826
Ending balance at Dec. 31, 2012	1,026,081	1,324	1,184,906	-159,894	-256	1
Ending balance, shares at Dec. 31, 2012		132,424
Net income (loss)	-15,140			-15,140
Unrealized gain (loss) on derivative instruments	2,869				2,869
Issuance of common stock	777,736	752	776,984
Issuance of common stock, shares		75,253
Share-based compensation	178		178
Offering costs	-78,363		-78,363
Redemptions of common stock	-9,175	-9	-9,166
Redemptions of common stock, shares	-934	-934
Distributions to stockholders	-112,104			-112,104
Ending balance at Dec. 31, 2013	1,592,082	2,067	1,874,539	-287,138	2,613	1
Ending balance, shares at Dec. 31, 2013	206,743	206,743
Net income (loss)	8,939			8,939
Unrealized gain (loss) on derivative instruments	-7,093				-7,093
Issuance of common stock	64,871	67	64,804
Issuance of common stock, shares		6,641
Share-based compensation	531		531
Offering costs	-1,027		-1,027
Redemptions of common stock	-18,154	-18	-18,136
Redemptions of common stock, shares	-1,811	-1,811
Distributions to stockholders	-131,203			-131,203
Ending balance at Dec. 31, 2014	$1,508,946	$2,116	$1,920,711	($409,402)	($4,480)	$1
Ending balance, shares at Dec. 31, 2014	211,573	211,573

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Operating activities:
Net income (loss)	$8,939	($15,140)	($35,580)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Real estate-related depreciation and amortization	141,794	121,339	60,479
Equity in loss of unconsolidated joint ventures	75	2,866	2,944
Gain on disposition of real estate properties	-24,471	0	0
Loss on early extinguishment of debt	0	0	837
Gain on acquisition of joint venture	0	-26,481	0
Incentive fee from acquisition of joint venture	0	-1,985	0
Straight-line rent and amortization of above- and below-market leases	-12,540	-14,108	-4,602
Other	2,261	714	1,910
Changes in operating assets and liabilities:
Tenant receivables, restricted cash and other assets	837	-388	-5,121
Accounts payable, accrued expenses and other liabilities	-6,150	20,071	6,505
Net cash provided by operating activities	110,745	86,888	27,372
Investing activities:
Real estate acquisitions	-121,834	-857,618	-1,195,002
Acquisition of joint venture	0	-126,010
Acquisition deposits	-19,992	-20,716	-4,500
Capital expenditures and development activities	-122,721	-86,388	-17,387
Investment in unconsolidated joint ventures	-217	-19,804	-46,498
Distributions from unconsolidated joint ventures	0	3,754	11,877
Proceeds from disposition of real estate properties	125,310	0	0
Other	0	-494	1,371
Net cash used in investing activities	-139,454	-1,107,276	-1,250,139
Financing activities:
Proceeds from issuance of mortgage notes	17,500	91,000	480,953
Repayments of mortgage notes	-6,818	-11,305	-2,970
Proceeds from issuance of term loan	0	300,000	200,000
Proceeds from lines of credit	200,000	775,000	836,006
Repayments of lines of credit	-107,000	-725,225	-873,150
Proceeds from issuance of common stock	0	721,768	699,233
Offering costs for issuance of common stock	-1,082	-69,640	-67,349
Distributions paid to common stockholders	-65,562	-51,732	-28,755
Redemptions of common stock	-18,050	-11,890	-3,277
Other	-584	-3,780	-6,308
Net cash provided by financing activities	18,404	1,014,196	1,234,383
Net (decrease) increase in cash and cash equivalents	-10,305	-6,192	11,616
Cash and cash equivalents, at beginning of period	18,358	24,550	12,934
Cash and cash equivalents, at end of period	8,053	18,358	24,550
Supplemental disclosure of cash flow information:
Interest paid	66,199	47,138	26,847
Distributions payable	33,072	32,301	19,568
Distributions reinvested in common stock	64,871	47,639	23,931
Debt assumed on real estate and joint venture acquisitions	0	247,705	42,772
Acquired investment in unconsolidated joint venture	0	104,246	0
Noncash repayment of line of credit with new financing	$0	$110,000	$0

DESCRIPTION_OF_BUSINESS

DESCRIPTION OF BUSINESS	12 Months Ended
DESCRIPTION OF BUSINESS	Dec. 31, 2014
Accounting Policies [Abstract]
DESCRIPTION OF BUSINESS	1. DESCRIPTION OF BUSINESS

	Unless the context otherwise requires, the “Company” refers to Industrial Income Trust Inc. and its consolidated subsidiaries. The Company is a Maryland corporation formed in May 2009.

	The Company was formed to make investments in income-producing real estate assets consisting primarily of high-quality distribution warehouses and other industrial properties that are leased to creditworthy corporate customers. Creditworthiness does not necessarily mean that the Company’s customers will be investment grade and much of the Company’s customer base is currently comprised of and is expected to continue to be comprised of non-rated and non-investment grade customers.

	As of December 31, 2014, the Company’s consolidated real estate portfolio included 283 industrial buildings totaling approximately 57.6 million square feet throughout the U.S. The Company operates as one reportable segment comprised of industrial real estate.

	The Company currently operates and has elected to be treated as a real estate investment trust (“REIT”) for federal income tax purposes beginning with its taxable year ended December 31, 2010. The Company utilizes an umbrella partnership real estate investment trust organizational structure to hold all or substantially all of its properties and securities through an operating partnership, Industrial Income Operating Partnership LP (the “Operating Partnership”), a Delaware limited partnership, of which the Company is the sole general partner and a limited partner. The Company contributes the proceeds from its public offerings to the Operating Partnership in exchange for limited partnership units.

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

	Basis of Presentation

	The accompanying consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). In the opinion of management, the accompanying consolidated financial statements contain all adjustments and eliminations, consisting only of normal recurring adjustments necessary for a fair presentation in conformity with GAAP.

	Basis of Consolidation

	The consolidated financial statements include the accounts of Industrial Income Trust Inc., the Operating Partnership, and its wholly-owned subsidiaries, as well as amounts related to noncontrolling interests. See “Noncontrolling Interests” below for further detail concerning the accounting policies regarding noncontrolling interests. Investments in unconsolidated entities over which the Company exercises significant influence but does not control are accounted for using the equity method. See “Note 6” for further detail regarding investments in unconsolidated joint ventures. All material intercompany accounts and transactions have been eliminated.

	Use of Estimates

	GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements. Actual results could differ from these estimates. Estimates and assumptions are reviewed periodically, and the effects of revisions are reflected in the period they are determined to be necessary.

	Reclassifications

	Certain items in the Company’s consolidated financial statements for 2013 have been reclassified from accounts payable and accrued expenses to other liabilities to conform to the 2014 presentation.



	Investment in Real Estate Properties

	Upon acquisition, the purchase price of a property is allocated to land, building, building and land improvements, and intangible lease assets and liabilities. The purchase price allocation is based on management’s estimate of the property’s “as-if” vacant fair value. The “as-if” vacant fair value is calculated by using all available information such as the replacement cost of such asset, appraisals, property condition reports, market data and other related information.

	The allocation of the purchase price to intangible lease assets represents the value associated with the in-place leases, which may include lost rent, leasing commissions, tenant improvements, legal and other related costs. The allocation of the purchase price to above-market lease assets and below-market lease liabilities results from in-place leases being above or below management’s estimate of fair market rental rates at the acquisition date and are measured over a period equal to the remaining term of the lease for above-market leases and the remaining term of the lease, plus the term of any below-market fixed-rate renewal option periods, if applicable, for below-market leases. Intangible lease assets, above-market lease assets, and below-market lease liabilities are collectively referred to as “intangible lease assets and liabilities.”

	If any debt is assumed in an acquisition, the difference between the fair value and the face value of debt is recorded as a premium or discount and amortized to interest expense over the life of the debt assumed. Costs associated with the acquisition of a property, including acquisition fees paid to Industrial Income Advisors LLC (the “Advisor”) are expensed as incurred.

	The results of operations for acquired properties are included in the consolidated statements of operations from their respective acquisition dates. Intangible lease assets are amortized to real-estate related depreciation and amortization over the remaining lease term. Above-market lease assets are amortized as a reduction in rental revenue over the remaining lease term and below-market lease liabilities are amortized as an increase in rental revenue over the remaining lease term, plus any applicable fixed-rate renewal option periods. The Company expenses any unamortized intangible lease asset or records an adjustment to rental revenue for any unamortized above-market lease asset or below-market lease liability when a customer terminates a lease before the stated lease expiration date.

	Real estate assets, including land, building, building and land improvements, tenant improvements, lease commissions, and intangible lease assets and liabilities are stated at historical cost less accumulated depreciation and amortization. Costs associated with the development and improvement of the Company’s real estate assets are capitalized as incurred. Costs incurred in making repairs and maintaining real estate assets are expensed as incurred. Real estate-related depreciation and amortization are computed on a straight-line basis over the estimated useful lives as described in the following table:



	Land	Not depreciated
	Building	20 to 40 years
	Building and land improvements	5 to 20 years
	Tenant improvements	Lesser of useful life or lease term
	Lease commissions	Over lease term
	Intangible lease assets	Over lease term
	Above-market lease assets	Over lease term
	Below-market lease liabilities	Over lease term, including below-market fixed-rate renewal options

	Real estate assets that are determined to be held and used will be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable, and the Company will evaluate the recoverability of such real estate assets based on estimated future cash flows and the estimated liquidation value of such real estate assets, and provide for impairment if such undiscounted cash flows are insufficient to recover the carrying amount of the real estate asset. If impaired, the real estate asset will be written down to its estimated fair value. For the years ended December 31, 2014, 2013 and 2012, the Company did not record any impairment charges related to real estate assets.



	Investment in Unconsolidated Joint Ventures

	Based on an analysis of the Company’s investment under GAAP guidance, which included a determination that its joint ventures are not variable interest entities and that the substantial participating rights described in the GAAP guidance are held by the respective partners not affiliated with the Company, the Company has determined not to consolidate its joint ventures, and to account for its investment in the joint ventures under the equity method. Under the equity method, the investment is initially recorded at cost and subsequently adjusted to reflect the Company’s proportionate share of equity in the joint venture’s income (loss) and distributions, which is included in investment in unconsolidated joint ventures on the consolidated balance sheets. The Company recognizes its proportionate share of the ongoing income or loss of the unconsolidated joint ventures in equity in loss of unconsolidated joint ventures on the consolidated statements of operations.

	The Company evaluates its investment in the unconsolidated joint ventures for impairment whenever events or changes in circumstances indicate that there may be an other-than-temporary decline in value. To do so, the Company calculates the estimated fair value of the investment using various valuation techniques, including, but not limited to, discounted cash flow models, the Company’s intent and ability to retain its investment in the entity, the financial condition and long-term prospects of the entity, rights and obligations of the joint ventures, and the expected term of the investment. If the Company determines the decline in value is other-than-temporary, the Company recognizes an impairment charge to reduce the carrying value of its investment to fair value. No impairment losses were recorded related to the Company’s unconsolidated joint ventures for the years ended December 31, 2014, 2013 and 2012.

	Cash and Cash Equivalents

	Cash and cash equivalents consist of cash on hand and highly liquid investments with original maturities at the acquisition date of three months or less.

	Restricted Cash

	Restricted cash consists of cash held in escrow in connection with certain mortgage note financing requirements and tenant improvements.

	Deferred Financing Costs

	Deferred financing costs include fees and costs incurred to obtain long-term financing. These fees and costs are amortized to interest expense over the terms of the related loans. Unamortized deferred financing costs are written off if debt is retired before its maturity date. Accumulated amortization of deferred financing costs was approximately $6.5 million and $3.5 million as of December 31, 2014 and 2013, respectively. The Company’s interest expense for the years ended December 31, 2014, 2013 and 2012 included $3.0 million, $2.5 million, and $1.6 million, respectively, of amortization of financing costs.

Straight-line Rent and Tenant Receivables

Straight-line rent and tenant receivables include all straight-line rent and accounts receivable, net of allowances. The Company maintains an allowance for estimated losses that may result from the inability of certain of its customers to make required payments. If a customer fails to make contractual payments beyond any allowance, the Company may recognize additional bad debt expense in future periods equal to the net outstanding balances. As of December 31, 2014 and 2013, the Company’s allowance for doubtful accounts was approximately $1.2 million for both periods.

Derivative Instruments

The Company records its derivative instruments in the consolidated balance sheets at fair value. The Company’s derivative instruments are designated as cash flow hedges and are used to hedge exposure to variability in expected future cash flows, such as future interest payments. For cash flow hedges, the changes in fair value of the derivative instrument that represent changes in expected future cash flows, which are effectively hedged by the derivative instrument, are initially reported as other comprehensive income in the consolidated statements of equity until the derivative instrument is settled. Upon settlement, the effective portion of the hedge is recognized as other comprehensive income and amortized over the term of the designated cash flow or transaction the derivative instrument was intended to hedge. As such, the effective portion of the hedge impacts net income in the same period as the hedged item. The change in value of any derivative instrument that is deemed to be ineffective is charged directly to net income when the determination of hedge ineffectiveness is made. For purposes of determining hedge ineffectiveness, management estimates the timing and potential amount of future interest payments each quarter in order to estimate the cash flows of the designated hedged item or transaction. The Company does not use derivative instruments for trading or speculative purposes.

Noncontrolling Interests

Due to the Company’s control of the Operating Partnership through its sole general partner interest and its limited partner interest, the Company consolidates the Operating Partnership. The limited partner interests not owned by the Company are presented as noncontrolling interests in the consolidated financial statements. The noncontrolling interests are reported on the consolidated balance sheets within permanent equity, separate from stockholders’ equity. Net income or loss related to these noncontrolling interests is included in net income or loss in the consolidated statements of operations.

Revenue Recognition

The Company records rental revenue on a straight-line basis over the full lease term. Certain properties have leases that offer the tenant a period of time where no rent is due or where rent payments change during the term of the lease. Accordingly, the Company records receivables from tenants for rent that the Company expects to collect over the remaining lease term rather than currently, which are recorded as a straight-line rent receivable. When the Company acquires a property, the term of existing leases is considered to commence as of the acquisition date for purposes of this calculation.

Tenant reimbursement revenue includes payments and amounts due from tenants pursuant to their leases for real estate taxes, insurance and other recoverable property operating expenses and is recognized as rental revenue in the period the applicable expenses are incurred. For the years ended December 31, 2014, 2013 and 2012, tenant reimbursement revenue recognized in rental revenues was approximately $68.6 million, $50.9 million and $24.1 million, respectively.

In connection with property acquisitions, the Company may acquire leases with rental rates above or below estimated market rental rates. Above-market lease assets are amortized as a reduction to rental revenue over the remaining lease term, and below-market lease liabilities are amortized as an increase to rental revenue over the remaining lease term, plus any applicable fixed-rate renewal option periods.

The Company expenses any unamortized intangible lease asset or records an adjustment to rental revenue for any unamortized above-market lease asset or below-market lease liability by reassessing the estimated remaining useful life of such intangible lease asset or liability when it becomes probable a customer will terminate a lease before the stated lease expiration date.

Share-Based Compensation

The Company accounts for share-based compensation related to restricted stock issued to certain eligible individuals using a fair value based methodology, which is based upon the stock price on the vesting date and requires the amount of related expense to be adjusted to the fair value of the award at the end of each reporting period until the awards have fully vested. Share-based compensation expense for restricted stock is amortized using a graded vesting attribution method and is recognized in general and administrative expenses in the Company’s consolidated statements of operations.

Organization and Offering Expenses

Organization costs are expensed as incurred. Offering costs associated with the Company’s public offerings are charged against the gross proceeds from the public offerings and are reflected as a reduction in additional paid-in capital. See “Note 12” for additional information regarding organization and offering expenses.



Income Taxes

The Company elected under the Internal Revenue Code of 1986, as amended, to be taxed as a REIT beginning with the tax year ended December 31, 2010. As a REIT, the Company generally is not subject to federal income taxes on net income it distributes to its stockholders. The Company intends to make timely distributions sufficient to satisfy the annual distribution requirements. If the Company fails to qualify as a REIT in any taxable year, the Company will be subject to federal income tax on its taxable income at regular corporate tax rates. Even if the Company qualifies for taxation as a REIT, the Company may be subject to certain state and local taxes on its income and property and federal income and excise taxes on its undistributed income.

Net Income (Loss) Per Common Share

The Company computes net income (loss) per common share by dividing net income (loss) by the weighted-average number of common shares outstanding during the period. There were no dilutive shares for the years ended December 31, 2014, 2013 and 2012.

Recent Accounting Standards

In April 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-08, “Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity” (“ASU 2014-08”), which changes the criteria pursuant to which a disposal will qualify as a discontinued operation and requires new disclosure of both discontinued operations and certain other disposals that do not meet the definition of a discontinued operation. Under the revised standard, the definition of discontinued operations has been changed so that only disposals of components that represent strategic shifts qualify for discontinued operations reporting. As permitted, the Company adopted ASU 2014-08 early, and it became effective for the Company for the quarter ended March 31, 2014. The adoption of this standard did not have an impact on the Company’s overall results of operations, financial position or liquidity.

In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” (“ASU 2014-09”), which provides guidance for revenue recognition and supersedes the revenue recognition requirements in Topic 605, “Revenue Recognition.” The standard is based on the principle that a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. ASU 2014-09 also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. The new guidance specifically excludes revenue derived from lease contracts from its scope. The standard will be effective for the Company in the first quarter of fiscal year 2017. Early adoption is not permitted. The Company is currently evaluating the impact of the adoption of this standard on its consolidated financial statements.

ACQUISITIONS

ACQUISITIONS	12 Months Ended
ACQUISITIONS	Dec. 31, 2014
Business Combinations [Abstract]
ACQUISITIONS	3. ACQUISITIONS

	2014 Acquisition Activity

	During the year ended December 31, 2014, the Company acquired six buildings totaling 2.2 million square feet for a total purchase price of approximately $145.8 million. Of this amount, approximately $49.1 million was allocated to land and approximately $96.7 million was allocated to buildings. In addition, during the year ended December 31, 2014, the Company completed construction of 1.0 million rentable square feet for a total cost of approximately $124.5 million.



	2013 Acquisition Activity

	During the year ended December 31, 2013, the Company acquired 100% of the following properties:



																	Intangibles
	($ in thousands)		Acquisition		Number				Land				Building				Intangible				Above-				Below-				Total
			Date		of												Lease				Market				Market				Purchase
					Buildings												Assets				Lease				Lease				Price (1)
																					Assets				Liabilities
	York Distribution Center II		3/27/13			1			$	6,697			$	24,819			$	4,010			$	-			$	(3,455	)		$	32,071
	Marina West Distribution Center II		4/2/13			3				10,874				24,308				3,491				738				(11	)			39,400
	Beltway Crossing Distribution Center		4/9/13			4				6,760				29,483				2,180				-				(434	)			37,989
	Broadway 101 Commerce Center		5/15/13			11				17,190				49,881				7,771				2,580				(420	)			77,002
	Buckeye Distribution Center		6/7/13			2				7,096				35,775				3,203				156				(1,953	)			44,277
	Carlisle Distribution Center		6/26/13			2				8,307				28,418				3,975				-				-				40,700
	Nashville Portfolio		6/28/13			3				4,689				37,403				5,725				1,691				(458	)			49,050
	Eastern Logistics Portfolio		8/1/13			3				8,570				32,607				4,406				262				(459	)			45,386
	Beckwith Farms Distribution Center I (2)		8/15/13			1				2,985				29,004				665				-				-				32,654
	Fairfield Portfolio		8/27/13			7				28,407				43,479				5,974				2,413				-				80,273
	South Bay Distribution Center		8/29/13			1				16,574				17,034				-				-				-				33,608
	Denver Distribution Center		9/13/13			1				4,355				36,465				6,787				-				(1,713	)			45,894
	Other acquisitions		Various			36				128,806				199,679				35,782				3,270				(8,579	)			358,958

	Total 2013 Acquisitions					75			$	251,310			$	588,355			$	83,969			$	11,110				$ (17,482	)		$	917,262



	-1	Total purchase price equals consideration paid, plus any debt and liabilities assumed.


	-2	Represents a build-to-suit property for which the land was acquired in January 2013.

	IIT North American Industrial Fund I Limited Partnership

	In August 2011, the Company entered into a joint venture agreement with a subsidiary of a highly-rated, investment grade institutional investor and formed the IIT North American Industrial Fund I Limited Partnership (the “Fund I Partnership”). Immediately prior to the transaction described below, the Company had a 51% ownership interest in the Fund I Partnership, which was treated as an unconsolidated joint venture.

	In September 2013, the Company acquired its partner’s 49% equity interest in the Fund I Partnership. As a result of this transaction, the Company owns 100% of the Fund I Partnership, and consolidates all of the assets and liabilities and results of operations of the Fund I Partnership in the Company’s financial statements. The Company marked its equity investment in the Fund I Partnership from its carrying value to its estimated fair value. The fair value was determined and allocated based on the Company’s valuation, estimates, and assumptions of the acquisition-date fair value of the tangible and intangible assets and liabilities. The allocation of assets and liabilities acquired was approximately $510.6 million of net real estate assets, $7.1 million of other assets, $241.3 million of assumed debt, and $12.3 million of assumed other liabilities. Additional detail of the net real estate assets acquired is as follows:



																			Intangibles
	($ in thousands)		Acquisition				Number				Land				Building				Intangible				Above-				Below-				Total Net
			Date				of												Lease				Market				Market				Real Estate
							Buildings												Assets (2)				Lease				Lease				Assets
																							Assets (2)				Liabilities (2)
	Fund I Partnership (1)			9/17/13				31			$	151,263			$	334,564			$	27,096			$	3,435			$	(5,808	)		$	510,550


	-1	Prior to the transaction and the resulting consolidation of the Fund I Partnership, as described in more detail above, the Company had included certain operating data of the Fund I Partnership in the Company’s total portfolio metrics for the periods the properties were owned by the Fund I Partnership. These properties were previously referred to as “unconsolidated properties.”


	-2	The weighted-average amortization period for the intangible assets and liabilities acquired, as of the date of acquisition, was 5.3 years.



The fair value of the Company’s equity interest in the Fund I Partnership immediately before the acquisition date was approximately $136.2 million. The Company recorded a gain of approximately $26.5 million based on the acquisition-date fair value of its equity interest in the Fund I Partnership, and recorded incentive fee income of approximately $2.0 million.

Pro Forma Financial Information (Unaudited)

The table below does not reflect pro forma results from operations for the acquisitions during 2014 because the individual and aggregate effects of these acquisitions were immaterial to the Company’s consolidated financial statements. The table below includes the following: (i) actual revenues and net income (loss) of the York Distribution Center II, Marina West Distribution Center II, Beltway Crossing Distribution Center, Broadway 101 Commerce Center, Buckeye Distribution Center, Carlisle Distribution Center, Nashville Portfolio, Eastern Logistics Portfolio, Beckwith Farms Distribution Center I, Fairfield Portfolio, South Bay Distribution Center, Denver Distribution Center, and Fund I Partnership acquisitions (collectively, referred to as the “2013 acquisitions”) included in the Company’s consolidated statements of operations for the year ended December 31, 2013; and (ii) pro forma revenues and net income (loss) of the 2013 acquisitions, as if the date of each acquisition had been January 1, 2012. The pro forma financial information is not intended to represent or be indicative of the Company’s consolidated financial results that would have been reported had the acquisitions been completed at the beginning of the comparable prior period presented and should not be taken as indicative of its future consolidated financial results.



(in thousands)		For the Year Ended
(in thousands)		December 31, 2013
Actual:
Total revenues		$	31,838

Net loss		$	(1,263	)

Pro forma:
Total revenues (1)		$	291,406

Net loss (2)		$	(15,361	)



-1	The pro forma total revenues were adjusted to include incremental revenue of $41.6 million for the year ended December 31, 2013. The incremental rental revenue was determined based on the acquired property’s historical rental revenue and the purchase accounting entries and includes: (i) the incremental base rent adjustments calculated based on the terms of the acquired leases and presented on a straight-line basis and (ii) the incremental reimbursement and other revenue adjustments, which consist primarily of rental expense recoveries, and are determined based on the acquired customer’s historical reimbursement and other revenue. There are no pro forma total revenues for the year ended December 31, 2014 as a full year of total revenues from the 2013 acquisitions is reflected in the actual results presented on the consolidated statements of operations.


-2	The pro forma net loss was adjusted to exclude acquisition-related expenses of $24.4 million for the year ended December 31, 2013. Pro forma net loss for the year ended December 31, 2013 was adjusted to exclude the gain on the acquisition of the Fund I Partnership of $26.5 million. There is no pro forma total net loss for the year ended December 31, 2014 as a full year of net loss from the 2013 acquisitions is reflected in the actual results presented on the consolidated statements of operations.

DISPOSITIONS

DISPOSITIONS	12 Months Ended
DISPOSITIONS	Dec. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]
DISPOSITIONS	4. DISPOSITIONS

	In April 2014, the Company sold to third-parties 20 industrial buildings aggregating 2.8 million square feet for net proceeds of $125.3 million. Of these dispositions: (i) one building totaling 1.3 million square feet was located in the Atlanta market; (ii) five buildings totaling 0.9 million square feet were located in the Dallas market; (iii) 13 buildings totaling 0.5 million square feet were located in the Portland market; and (iv) one building totaling 0.1 million square feet was located in the Tampa market.



	Gains on the disposition of real estate properties are recorded when the recognition criteria have been met, generally at the time title is transferred, and the Company no longer has substantial continuing involvement with the real estate sold.

INVESTMENT_IN_REAL_ESTATE_PROP

INVESTMENT IN REAL ESTATE PROPERTIES	12 Months Ended
INVESTMENT IN REAL ESTATE PROPERTIES	Dec. 31, 2014
Real Estate [Abstract]
INVESTMENT IN REAL ESTATE PROPERTIES	5. INVESTMENT IN REAL ESTATE PROPERTIES

	As of December 31, 2014 and December 31, 2013, the Company’s consolidated investment in real estate properties consisted of 283 and 296 industrial buildings, respectively, totaling approximately 57.6 million and 57.2 million square feet, respectively.



			December 31,				December 31,
	(in thousands)		2014				2013
	Land		$	909,488			$	874,779
	Building and improvements			2,509,459				2,430,999
	Intangible lease assets			380,513				390,809
	Under construction and other (1)			67,135				15,905


	Investment in real estate properties		$	3,866,595				3,712,492
	Less accumulated depreciation and amortization			(347,444	)			(212,922	)


	Net investment in real estate properties		$	3,519,151			$	3,499,570



	-1	As of December 31, 2014, the Company had six buildings under construction totaling approximately 0.6 million square feet and two buildings in the pre-construction phase totaling an additional 0.6 million square feet.

	Intangible Lease Assets and Liabilities

	Intangible lease assets and liabilities included the following:



			December 31, 2014											December 31, 2013
	(in thousands)		Gross				Accumulated				Net			Gross			Accumulated			Net
	(in thousands)		Gross				Amortization				Net			Gross			Amortization			Net
	Intangible lease assets		$	340,151			$	-164,875			$	175,276		$	347,186		$	(106,872	)	$	240,314
	Above-market lease assets			40,362				-21,639				18,723			43,623			(14,453	)		29,170
	Below-market lease liabilities			(37,177	)			11,312				(25,865	)		(37,621	)		5,763			(31,858	)

	The following table details the estimated net amortization of such intangible lease assets and liabilities, as of December 31, 2014, for the next five years and thereafter:



			Estimated Net Amortization
	(in thousands)		Intangible				Above-Market				Below-Market
	(in thousands)		Lease Assets				Lease Assets				Lease Liabilities
	2015		$	47,791			$	5,611			$	-4,711
	2016			34,986				4,085				-3,732
	2017			26,883				3,320				-3,060
	2018			20,513				2,643				-2,777
	2019			14,503				1,423				-2,530
	Thereafter			30,600				1,641				-9,055

	Total		$	175,276			$	18,723			$	(25,865)




	Future Minimum Rent

	Future minimum base rental payments, which equal the cash basis of monthly contractual rent, owed to the Company from its customers under the terms of non-cancelable operating leases in effect as of December 31, 2014, excluding rental revenues from the potential renewal or replacement of existing future leases and from tenant reimbursement revenue, were as follows for the next five years and thereafter:



	(in thousands)		Future Minimum Base
	(in thousands)		Rental Payments
2015		$	235,649
2016			221,537
2017			199,166
2018			169,697
2019			131,693
Thereafter			493,720

Total		$	1,451,462


Rental Revenue and Depreciation and Amortization Expense

The following table summarizes straight-line rent adjustments, amortization recognized as an increase (decrease) to rental revenues from above-and below-market lease assets and liabilities and real-estate related depreciation and amortization expense:



		For the Year Ended December 31,
(in thousands)		2014				2013				2012
Increase (Decrease) to Rental Revenue:
Straight-line rent adjustments		$	15,537			$	17,634			$	8,129
Above-market lease amortization			(8,706	)			(7,865	)			(4,758	)
Below-market lease amortization			5,709				4,339				1,231
Real Estate-Related Depreciation and Amortization:
Depreciation expense		$	78,781			$	57,195			$	26,217
Intangible lease asset amortization			63,013				64,144				34,262

INVESTMENT_IN_UNCONSOLIDATED_J

INVESTMENT IN UNCONSOLIDATED JOINT VENTURES	12 Months Ended
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES	Dec. 31, 2014
Equity Method Investments and Joint Ventures [Abstract]
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES	6. INVESTMENT IN UNCONSOLIDATED JOINT VENTURES

	The Company enters into joint ventures primarily for purposes of jointly investing in, developing, and acquiring industrial properties located in major U.S. distribution markets. The Company’s investment in joint ventures is included in investment in unconsolidated joint ventures on the Company’s consolidated balance sheets. The following table summarizes the Company’s unconsolidated joint ventures:



		As of December 31, 2014					Investment in Unconsolidated
		As of December 31, 2014					Joint Ventures as of
	($ in thousands)	Percent			Number of		December 31,		December 31,
	($ in thousands)	Ownership			Buildings		2014		2013
	Park 355 DC II		75	%		1	$	3,954	$	3,791
	Valley Parkway		50	%		1		4,254		4,275

	Total					2	$	8,208	$	8,066

DEBT

DEBT	12 Months Ended
DEBT	Dec. 31, 2014
Debt Disclosure [Abstract]
DEBT	7. DEBT
	The Company’s consolidated indebtedness is currently comprised of borrowings under its lines of credit and unsecured term loans, and under its mortgage note financings. The borrowings under its secured line of credit and the mortgage note financings are secured by mortgages or deeds of trust and related assignments and security interests in collateralized and certain cross-collateralized properties, which are generally owned by single purpose entities. A summary of the Company’s debt is as follows:


			Weighted-Average									Balance as of
			Stated Interest Rate as of									Balance as of
	($ in thousands)		December 31,			December 31,				Maturity Date		December 31,				December 31,
	($ in thousands)		2014			2013				Maturity Date		2014				2013
	Secured line of credit			2.32%			2.32%			Jan-17		$	85,000			$	85,000
	Unsecured line of credit			2.16%			2.16%			Aug-15			258,000				165,000
	Unsecured term loans			2.35%			2.03%			January 2018 - January 2019			500,000				500,000
	Variable-rate mortgage note (1)			2.17%			2.19%			May-15			9,080				9,080
	Fixed-rate mortgage notes (2)			4.25%			4.26%			June 2015 - November 2024			1,126,545				1,117,551

	Total / Weighted-Average			3.40%			3.39%					$	1,978,625			$	1,876,631

	Gross book value of properties encumbered by secured debt											$	2,416,413			$	2,285,998


	-1	The interest rate is based on one-month London Interbank Offered Rate (“LIBOR”), plus 2.00%.

	-2	Interest rates range from 3.30% to 6.24%.
	The Company capitalizes interest during the development of real estate assets. Capitalized interest associated with the Company’s development activities totaled $4.2 million and $1.4 million as of December 31, 2014 and 2013, respectively.
	As of December 31, 2014, the principal payments due on the Company’s consolidated debt during each of the next five years and thereafter were as follows:


	(in thousands)		Lines of Credit			Term Loans				Mortgage Notes				Total
	2015(1)		$	258,000		$	-			$	53,445			$	311,445
	2016			-			-				20,515				20,515
	2017(1)			85,000			-				62,666				147,666
	2018			-			200,000				167,954				367,954
	2019			-			300,000				71,475				371,475
	Thereafter			-			-				755,069				755,069

	Total principal payments			343,000			500,000				1,131,124				1,974,124
	Unamortized premium on assumed debt			-			-				4,501				4,501

	Total		$	343,000		$	500,000			$	1,135,625			$	1,978,625


	-1	The lines of credit may be extended pursuant to two one-year extension options, subject to certain conditions.
	As of December 31, 2014, our consolidated fixed interest rate debt consisted of mortgage notes and our $200.0 million unsecured term loan and represented 67.0% of our total consolidated debt (82.2% of our total consolidated debt assuming the effects of the forward-starting interest rate swap agreements relating to our $300.0 million unsecured term loan which became effective in January 2015).

	Lines of Credit
	In August 2012, the Company entered into an unsecured revolving credit agreement with an initial aggregate commitment of $300.0 million. The Company subsequently increased the aggregate commitment to $500.0 million in September 2013. The Company has the ability to expand the commitment up to a maximum aggregate amount of $600.0 million, subject to certain conditions and receiving bank commitments. This line of credit matures in August 2015, and may be extended pursuant to two one-year extension options, subject to certain conditions. The Company anticipates meeting the conditions to extend the line of credit in 2015, although there can be no assurance that it will be extended. The primary interest rate is variable and calculated based on one-month LIBOR, plus a margin ranging from 1.75% to 2.50%. This line of credit is available for general corporate purposes, including but not limited to the acquisition and operation of industrial properties and other permitted investments. As of December 31, 2014, the Company had approximately $258.0 million outstanding under the line of credit; the unused portion was approximately $242.0 million, of which approximately $46.8 million was available.
	In connection with the acquisition of its partner’s equity interest in the Fund I Partnership in September 2013, which is described in “Note 3,” the Company assumed a secured line of credit agreement that had an initial aggregate commitment of $140.0 million, with the ability to expand the commitment up to a maximum aggregate amount of $300.0 million, subject to certain conditions. This line of credit matures in January 2017, which may be further extended pursuant to two one-year extension options, subject to certain conditions. The interest rate is variable and calculated based on one-month LIBOR, plus a margin ranging 1.80% to 2.65%. This line of credit is available to finance the acquisition and operation of collateral properties. Amounts under this line of credit become available when properties are added as collateral pursuant to the loan agreement. As of December 31, 2014, the Company had $85.0 million outstanding under this line of credit. The unused portion was $55.0 million, all of which was available.
	Unsecured Term Loans
	In December 2012, the Company entered into a $200.0 million unsecured term loan facility, with the ability to increase the size of the unsecured term loan up to a total of $400.0 million, subject to certain conditions. The unsecured term loan requires monthly interest-only payments and has a maturity date of January 2018. The primary interest rate is variable and calculated based on one-month LIBOR, plus a margin ranging from 1.70% to 2.45%, depending on the Company’s consolidated leverage ratio. The unsecured term loan is available for general corporate purposes, including but not limited to the acquisition and operation of industrial properties and other permitted investments. As of December 31, 2014, there was $200.0 million outstanding.
	In March 2013, the Company entered into LIBOR-based forward-starting interest rate swap agreements to hedge LIBOR on the unsecured term loan for a notional amount of $200.0 million. The forward-starting interest rate swaps had an effective date of January 14, 2014 and fixed LIBOR at 0.98%, with an all-in interest rate ranging from 2.68% to 3.43%, depending on the Company’s consolidated leverage ratio. The forward-starting interest rate swaps will expire on October 14, 2017. Refer to “Derivative Instruments” below for additional detail.
	In September 2013, the Company entered into a $300.0 million unsecured term loan facility, with the ability to increase the size of the unsecured term loan up to a total of $500.0 million, subject to certain conditions. The unsecured term loan requires monthly interest-only payments and has a maturity date of January 2019. The primary interest rate is variable and calculated based on one-month LIBOR, plus a margin ranging from 1.50% to 2.35%, depending on the Company’s consolidated leverage ratio. The unsecured term loan is available for general corporate purposes, including but not limited to the acquisition and operation of industrial properties and other permitted investments. As of December 31, 2014, there was $300.0 million outstanding.
	In October 2013, the Company entered into LIBOR-based forward-starting interest rate swap agreements to hedge LIBOR on the unsecured term loan for a notional amount of $300.0 million. The forward-starting interest rate swaps have an effective date of January 20, 2015 and will fix LIBOR at 1.81%, with an all-in interest rate ranging from 3.31% to 4.16%, depending on the Company’s consolidated leverage ratio. The forward-starting interest rate swaps will expire on October 20, 2018. Refer to “Derivative Instruments” below for additional detail.

	Debt Covenants
	The Company’s mortgage note financings and secured line of credit contain various property level covenants, including customary affirmative and negative covenants. In addition, the unsecured line of credit and unsecured term loans contain certain corporate level financial covenants, including leverage ratio, fixed charge coverage ratio, and tangible net worth thresholds. The Company was in compliance with all debt covenants as of December 31, 2014.
	Derivative Instruments
	To manage interest rate risk for certain of its variable rate debt, the Company uses interest rate swaps as part of its risk management strategy. These derivatives are designed to mitigate the risk of future interest rate increases by providing a fixed interest rate for a limited, pre-determined period of time. Interest rate swaps designated as cash flow hedges involved the receipt of variable-rate amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. As of December 31, 2014, the Company had seven outstanding interest rate swap contracts that were designated as cash flow hedges of interest rate risk. Certain of the Company’s variable rate borrowings are not hedged, and therefore, to an extent, the Company has on-going exposure to interest rate movements.
	The effective portion of the change in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in accumulated other comprehensive income (“AOCI”) on the consolidated balance sheets and is subsequently reclassified into earnings as interest expense for the period that the hedged forecasted transaction affects earnings, which is when the interest expense is recognized on the related debt. The ineffective portion of the change in fair value of the derivatives is recognized directly in earnings. For the years ended December 31, 2014, 2013 and 2012, there was no hedge ineffectiveness. The Company expects no hedge ineffectiveness in the next 12 months.
	The following table summarizes the location and fair value of the cash flow hedges on the Company’s consolidated balance sheets:


								Fair Value as of
	(in thousands)		Notional			Balance Sheet Location		December 31,				December 31,
	(in thousands)		Amount			Balance Sheet Location		2014				2013
	Interest rate swaps		$	507,560		(Other liabilities) / Other assets			($4,480)				$2,613
The following table presents the effect of the Company’s cash flow hedges on the Company’s consolidated financial statements:


		For the Year Ended
		December 31,
(in thousands)		2014			2013				2012
Interest rate swaps:
Gain (loss) recognized in AOCI (effective portion)		$	(8,818	)	$	2,757			$	(138	)
Loss reclassified from AOCI into income (effective portion)			1,725			112				109

Net other comprehensive gain (loss)		$	(7,093	)	$	2,869			$	(29	)

FAIR_VALUE

FAIR VALUE	12 Months Ended
FAIR VALUE	Dec. 31, 2014
Fair Value Disclosures [Abstract]
FAIR VALUE	8. FAIR VALUE

	Fair value measurements are determined based on the assumptions that market participants would use in pricing the asset or liability. Fair value measurements are categorized into one of three levels of the fair value hierarchy based on the lowest level of significant input used. In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the asset or liability. Considerable judgment and a high degree of subjectivity are involved in developing these estimates. These estimates may differ from the actual amounts that the Company could realize upon settlement.

	The fair value hierarchy is as follows:

	Level 1—Quoted (unadjusted) prices in active markets for identical assets or liabilities.

	Level 2—Other observable inputs, either directly or indirectly, other than quoted prices included in Level 1, including:


		•		Quoted prices for similar assets/liabilities in active markets;


		•		Quoted prices for identical or similar assets/liabilities in non-active markets (e.g., few transactions, limited information, non-current prices, high variability over time);


		•		Inputs other than quoted prices that are observable for the asset/liability (e.g., interest rates, yield curves, volatilities, default rates); and


		•		Inputs that are derived principally from or corroborated by other observable market data.

	Level 3—Unobservable inputs that cannot be corroborated by observable market data.

	The following table presents financial instruments measured at fair value on a recurring basis:



	(in thousands)		Level 1		Level 2		Level 3		Total
									Fair
									Value
	December 31, 2014
	Liabilities
	Derivative instruments		$	-	$	4,480	$	-	$	4,480

	Total liabilities measured at fair value		$	-	$	4,480	$	-	$	4,480

	December 31, 2013
	Assets
	Derivative instruments		$	-	$	2,613	$	-	$	2,613

	Total assets measured at fair value		$	-	$	2,613	$	-	$	2,613


	As of December 31, 2014 and December 31, 2013, the Company had no financial instruments that were transferred among the fair value hierarchy levels. The Company also had no non-financial assets or liabilities that were required to be measured at fair value on a recurring basis.

	The following methods and assumptions were used to estimate the fair value of each class of financial instrument:

	Derivative Instruments. The derivative instruments are interest rate swaps. The interest rate swaps are standard cash flow hedges whose fair value is estimated using market-standard valuation models. Such models involve using market-based observable inputs, including interest rate curves. The Company incorporates credit valuation adjustments to appropriately reflect both its nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements. Due to the interest rate swaps being unique and not actively traded, the fair value is classified as Level 2. See “Note 7” above for further discussion of the Company’s derivative instruments.



	The table below includes fair values for certain financial instruments for which it is practicable to estimate fair value. The carrying values and fair values of these financial instruments were as follows:



			December 31, 2014				December 31, 2013
	(in thousands)		Carrying		Fair		Carrying		Fair
	(in thousands)		Value		Value		Value		Value
	Assets
	Notes receivable		$	3,612	$	3,617	$	3,612	$	3,625
	Derivative instruments			-		-		2,613		2,613

	Liabilities
Lines of credit			343,000		343,000		250,000		250,658
Unsecured term loans			500,000		500,000		500,000		503,388
Mortgage notes			1,135,625		1,179,582		1,126,631		1,122,602
Derivative instruments			4,480		4,480		-		-

In addition to the previously described methods and assumptions for the derivative instruments, the following are the methods and assumptions used to estimate the fair value of the other financial instruments:

Notes Receivable. The fair value is estimated by discounting the expected cash flows on the notes receivable at current rates at which the Company believes similar loans would be made. Credit spreads and market interest rates used to determine the fair value of these instruments are based on Level 3 inputs.

Lines of Credit. The fair value of the lines of credit is estimated using discounted cash flow methods based on the Company’s estimate of market interest rates, which the Company has determined to be its best estimate of current market spreads over comparable term benchmark rates of similar instruments. Credit spreads relating to the underlying instruments are based on Level 3 inputs.

Unsecured Term Loans. The fair value of the term loans is estimated using discounted cash flow methods based on the Company’s estimate of market interest rates, which the Company has determined to be its best estimate of current market spreads over comparable term benchmark rates of similar instruments. Credit spreads relating to the underlying instruments are based on Level 3 inputs.

Mortgage Notes. The fair value of the mortgage notes is estimated using discounted cash flow methods based on the Company’s estimate of market interest rates, which the Company has determined to be its best estimate of current market spreads over comparable term benchmark rates of similar instruments. Credit spreads relating to the underlying instruments are based on Level 3 inputs.

The fair values of cash and cash equivalents, restricted cash, tenant receivables, accounts payable, and distributions payable approximate their carrying values because of the short-term nature of these instruments. As such, these assets and liabilities are not listed in the carrying value and fair value table above.

INCOME_TAXES

INCOME TAXES	12 Months Ended
INCOME TAXES	Dec. 31, 2014
Income Tax Disclosure [Abstract]
INCOME TAXES	9. INCOME TAXES

	The Company has concluded that there was no impact related to uncertain tax positions from the results of operations of the Company for the years ended December 31, 2014, 2013 and 2012. The U.S. is the major tax jurisdiction for the Company, and the earliest tax year subject to examination by the taxing authority is 2011.

	Distributions

	Distributions to stockholders are characterized for federal income tax purposes as: (i) ordinary income; (ii) non-taxable return of capital; or (iii) long-term capital gain. Distributions that exceed the Company’s current and accumulated tax earnings and profits constitute a return of capital and reduce the stockholders’ basis in the common shares. To the extent that a distribution exceeds both current and accumulated earnings and profits and the stockholders’ basis in the common shares, the distributions will generally be treated as a gain from the sale or exchange of such stockholders’ common shares. At the beginning of each year, the Company notifies its stockholders of the taxability of the distributions paid during the preceding year. The following table summarizes the information reported to investors regarding the taxability of distributions on common shares for the years ended December 31, 2014, 2013 and 2012.

	The unaudited preliminary taxability of the Company’s 2014, 2013 and 2012 distributions was:



		For the Year Ended December 31,
		2014		2013		2012
	Per common share:
	Ordinary income	$	0.193	$	0.337	$	0.253
	Non-taxable return of capital		0.42		0.173		0.372
	Long-term capital gain		0.012		0.115		-

	Total distribution	$	0.625	$	0.625	$	0.625

STOCKHOLDERS_EQUITY

STOCKHOLDERS' EQUITY	12 Months Ended
STOCKHOLDERS' EQUITY	Dec. 31, 2014
Equity [Abstract]
STOCKHOLDERS' EQUITY	10. STOCKHOLDERS’ EQUITY

	Public Offerings

	In May 2009, the Company filed a registration statement with the SEC on Form S-11 in connection with the initial public offering of up to $2.0 billion in shares of common stock (the “Initial Offering”). The registration statement was subsequently declared effective on December 18, 2009. Pursuant to the registration statement for the Initial Offering, the Company offered for sale up to $1.5 billion in shares of common stock at a price of $10.00 per share, and up to $500.0 million in shares under the Company’s distribution reinvestment plan at a price of $9.50 per share. Dividend Capital Securities LLC (the “Dealer Manager”) provided dealer manager services in connection with the Initial Offering. The Initial Offering closed on April 16, 2012.

	On April 17, 2012, the SEC declared effective the Company’s registration statement on Form S-11 (Registration No. 333-175340) for the Company’s follow-on public offering of up to $2.4 billion in shares of common stock (the “Follow-On Offering”), and the Follow-On Offering commenced the same day. Pursuant to the registration statement for the Follow-On Offering, the Company offered for sale up to $1.8 billion in shares of common stock at a price of $10.40 per share, and up to $600.0 million in shares under the Company’s distribution reinvestment plan at a price of $9.88 per share. The Dealer Manager provided dealer manager services in connection with the Follow-On Offering.

	On July 18, 2013, the Company terminated the offering of primary shares pursuant to the Company’s Follow-On Offering. As of December 31, 2014, the Company raised gross proceeds of approximately $2.2 billion from the sale of 215.1 million shares of its common stock in its public offerings, including approximately $144.4 million from the sale of 14.7 million shares of its common stock through the Company’s distribution reinvestment plan.

	The Company is continuing to offer and sell shares pursuant to its distribution reinvestment plan, which it may terminate at any time, in its sole discretion. The Company has registered $600.0 million in shares under the Company’s distribution reinvestment plan and was offering the shares at a price of $9.88 per share as of December 31, 2014. As of December 31, 2014, approximately $551.2 million in shares remained available for sale pursuant to the Company’s distribution reinvestment plan.

	Distributions

	The Company intends to accrue and make distributions on a regular basis. The Company calculates individual payments of distributions to each stockholder based upon daily record dates during each quarter. The distributions are calculated based on common stockholders of record as of the close of business each day in the period. Stockholders may elect to have cash distributions reinvested in shares of the Company’s common stock through its distribution reinvestment plan.



					Amount
	(in thousands, except per share data)		Payment Date		Declared per				Paid				Reinvested		Total
	(in thousands, except per share data)		Payment Date		Common Share				in Cash				in Shares		Distributions
	2014
	31-Dec		January 7, 2015		$	0.15625			$	16,758			$	16,314		33,072
	30-Sep		October 15, 2014			0.15625				16,621				16,275		32,896
	30-Jun		15-Jul-14			0.15625				16,426				16,294		32,720
	31-Mar		15-Apr-14			0.15625				16,316				16,199		32,515

	Total								$	66,121			$	65,082	$	131,203

	2013
	31-Dec		15-Jan-14		$	0.15625			$	16,199			$	16,102		32,301
	30-Sep		15-Oct-13			0.15625				15,939				15,786		31,725
	30-Jun		15-Jul-13			0.15625				13,457				12,516		25,973
	31-Mar		15-Apr-13			0.15625				11,782				10,323		22,105

	Total								$	57,377			$	54,727	$	112,104


	Redemptions

	In February 2012, the Company’s board of directors approved and adopted amendments, in connection with the board’s determination of a primary offering price of $10.40 per share for the Follow-On Offering that impacted the price at which shares are redeemed pursuant to the Company’s share redemption program. The amendments modified the Company’s share redemption program to adjust the calculation of the redemption price per share, effective as of June 1, 2012. Therefore, shares redeemed pursuant to eligible redemption requests received during the first quarter of 2012 were redeemed pursuant to the terms of the prior share redemption program and any shares redeemed thereafter pursuant to eligible redemption requests received through the quarter ended December 31, 2014 have been redeemed pursuant to the terms of the amended share redemption program. On January 22, 2015, the Company’s board of directors approved and adopted amendments that adjust the price at which shares will be reinvested to 95% of our most recently disclosed estimated NAV per share pursuant to the Company’s distribution reinvestment plan and the price and terms upon which shares can be redeemed pursuant to the Company’s share redemption program. See “Note 16” below for further discussion of these amendments.



	Per the terms of the amended share redemption program, subject to certain restrictions and limitations, a stockholder may redeem shares of the Company’s common stock for cash at a price that may reflect a discount from the purchase price paid for the shares of common stock being redeemed. Shares of common stock must be held for a minimum of one year, subject to certain exceptions. The Company is not obligated to redeem shares of its common stock under the share redemption program. The Company presently limits the number of shares to be redeemed during any consecutive 12-month period to no more than five percent of the number of shares of common stock outstanding at the beginning of such 12-month period. The Company also limits redemptions in accordance with a quarterly cap. With respect to shares of the Company’s common stock purchased pursuant to the Initial Offering, including shares purchased through the Company’s distribution reinvestment plan, the original purchase price was increased by four percent, which is the amount by which the offering price increased between the Initial Offering and the Follow-On Offering (the “Initial Offering Adjustment”), subject to the adjustments applicable to shares of common stock in connection with a redemption request with respect to the death of a stockholder. The discount from the purchase price paid (as increased, if applicable, by the Initial Offering Adjustment) for the redeemed shares will vary based upon the length of time that the shares of common stock have been held, as follows:



	Share Purchase Anniversary		Redemption Price as a
			Percentage of
			Original Purchase Price
			(as increased, if applicable, by the
			Initial Offering Adjustment)
	Less than one year		No redemption allowed
	One year		92.5%
	Two years		95.0%
	Three years		97.5%
	Four years and longer		100.00%

	The following table summarizes the Company’s redemption activity:



			For the Year Ended
December 31,
(in thousands, except per share data)				2014				2013				2012
Number of eligible shares redeemed			1,811				934				613
Aggregate amount of shares redeemed		$	18,154			$	9,175			$	5,982
Average redemption price per share		$	10.02			$	9.82			$	9.78

SHAREBASED_COMPENSATION

SHARE-BASED COMPENSATION	12 Months Ended
SHARE-BASED COMPENSATION	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
SHARE-BASED COMPENSATION	11. SHARE-BASED COMPENSATION

	The Company’s Amended and Restated Equity Incentive Plan, effective as of January 18, 2013 (the “Equity Incentive Plan”), provides for the grant of options, stock appreciation rights, restricted stock, restricted stock units, dividend equivalents rights or other share-based awards. Directors, officers, and employees (if any) of the Company, as well as any advisor or consultant, including employees of the Advisor and the property manager, are eligible to receive awards under the Equity Incentive Plan; provided that, the services provided by the individual are not in connection with the offer or sale of securities in a capital raising transaction, and do not directly or indirectly promote or maintain a market for the Company’s common stock. The Company has registered a total of 2.0 million shares of common stock for issuance pursuant to the Equity Incentive Plan, subject to certain adjustments set forth in the plan.

	The Company also has a private placement equity incentive plan (the “Private Placement Plan”). The Private Placement Plan is substantially similar to the Equity Incentive Plan, except that under the Private Placement Plan, an eligible participant is any person, trust, association or entity to which the plan administrator desires to grant an award. An aggregate maximum of 2.0 million shares may be issued upon grant, vesting or exercise of awards under the Private Placement Plan.



	For the year ended December 31, 2014, the Company granted an aggregate of approximately 80,000 shares of restricted stock to certain eligible individuals, who were employees of the Advisor, under the Equity Incentive Plan and Private Placement Plan. Included in these awards were approximately 24,000 shares of restricted stock granted to the Company’s independent directors pursuant to the Equity Incentive Plan, of which approximately 14,000 shares immediately vested. Each independent director’s portion of the remaining approximately 10,000 shares vest on the earliest of the following: (i) July 1, 2015; (ii) the day immediately before the Company’s 2015 annual meeting of stockholders; (iii) the date of termination of service as a director due to death or “permanent and total disability” (as defined under Section 22(e)(3) of the Code); or (iv) immediately before and contingent upon the occurrence of a change in control (as defined in the Equity Incentive Plan). The remainder of the awards generally vest over three years.

	A summary of the Company’s activity with respect to the issuance of restricted stock pursuant to its equity incentive plans is as follows:



	(shares in thousands)		Shares			Weighted-Average
	(shares in thousands)		Shares			Fair Value per Share (1)
	Nonvested shares at December 31, 2012			-		$	-
	Granted			30		$	10.4
	Vested			(7	)	$	10.4
	Forfeited			(1	)	$	10.4

	Nonvested shares at December 31, 2013			22		$	10.4
	Granted			80		$	10.4
	Vested			(31	)	$	10.4
	Forfeited			(3	)	$	10.4

	Nonvested shares at December 31, 2014			68		$	10.4



	-1	Based on the Company’s most recent primary offering price in the follow-on offering of $10.40 per share as of the grant date.

	The following table summarizes other share-based compensation data:



			For the Year Ended December 31,
	(in thousands, except per share data)		2014			2013		2012
	Share-based compensation expense		$	531		$	178	$	-
	Total fair value of restricted stock vested		$	321		$	77	$	-
	Weighted-average grant date fair value of restricted stock granted, per share (1)		$	10.4		$	10.4	$	-


	-1	Based on the Company’s most recent primary offering price in the follow-on offering of $10.40 per share as of the grant date.

	As of December 31, 2014, the aggregate unrecognized compensation cost related to the restricted stock was approximately $0.4 million and is expected to be fully recognized over a weighted-average period of 0.9 years.

RELATED_PARTY_TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
RELATED PARTY TRANSACTIONS	Dec. 31, 2014
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	12. RELATED PARTY TRANSACTIONS

	The Company relies on the Advisor, a related party, to manage the Company’s day-to-day operating and acquisition activities and to implement the Company’s investment strategy pursuant to the terms of a sixth amended and restated advisory agreement (the “Advisory Agreement”), dated June 27, 2014, by and among the Company, the Operating Partnership, and the Advisor. The Advisor is considered to be a related party of the Company because certain indirect owners and officers of the Advisor serve as directors and/or executive officers of the Company. The Dealer Manager, also a related party, provides dealer manager services. The Advisor and Dealer Manager receive compensation in the form of fees and expense reimbursements for services relating to the Company’s public offerings and for the investment and management of the Company’s assets. The following summarizes the fees and expense reimbursements:

	Sales Commissions. Sales commissions were payable to the Dealer Manager, all of which were reallowed to participating unaffiliated broker-dealers, and were equal to up to 7.0% of the gross proceeds from the sale of primary shares in the Company’s follow-on offering.

	Dealer Manager Fees. Dealer manager fees were payable to the Dealer Manager and were equal to up to 2.5% of the gross proceeds from sale of primary shares in the Company’s follow-on offering.

	Acquisition Fees. Acquisition fees are payable to the Advisor in connection with the acquisition of real property, and will vary depending on whether the Advisor provides development services or development oversight services, each as described below, in connection with the acquisition (including, but not limited to, forward commitment acquisitions) or stabilization (including, but not limited to, development and value add transactions) of such real property, or both. The Company refers to such properties for which the Advisor provides development services or development oversight services as development real properties. For each real property acquired for which the Advisor does not provide development services or development oversight services, the acquisition fee is an amount equal to 1.0% of the total purchase price of the properties acquired (or the Company’s proportional interest therein), including in all instances real property held in joint ventures or co-ownership arrangements. In connection with providing services related to the development, construction, improvement or stabilization, including tenant improvements of development real properties, which the Company refers to collectively as development services, or overseeing the provision of these services by third parties on the Company’s behalf, which it refers to as development oversight services, the acquisition fee, which the Company refers to as the development acquisition fee, will equal up to 4.0% of total project cost, including debt, whether borrowed or assumed (or the Company’s proportional interest therein with respect to real properties held in joint ventures or co-ownership arrangements). If the Advisor engages a third party to provide development services directly to the Company, the third party will be compensated directly by the Company and the Advisor will receive the development acquisition fee if it provides the development oversight services.

	Asset Management Fees. Asset management fees consist of a monthly fee of one-twelfth of 0.80% of the aggregate cost (including debt, whether borrowed or assumed) (before non-cash reserves and depreciation) of each real property asset within the Company’s portfolio (or the Company’s proportional interest therein with respect to real estate property held in joint ventures, co-ownership arrangements or real estate-related entities in which the Company owns a majority economic interest or that the Company consolidates for financial reporting purposes in accordance with GAAP). Asset management fees are also paid in connection with a disposition, which may involve a sale of one or more assets or a sale, merger, or other transaction, in an amount equal to 2.0% of the total consideration paid in connection with the disposition.

	Organization and Offering Expenses. The Company reimburses the Advisor for cumulative organization expenses and for cumulative expenses of its offerings up to 1.75% of the gross offering proceeds from its offerings. Organizational costs are expensed and offering costs are reflected as a reduction in additional paid in capital. The Advisor or an affiliate of the Advisor is responsible for the payment of the Company’s cumulative organization and offering expenses to the extent the total of such cumulative expenses exceeds the 1.75% organization and offering expense reimbursements from the Company’s offerings, without recourse against or reimbursement by the Company.



	Other Expense Reimbursements. In addition to the reimbursement of organization and offering expenses, the Company is also obligated, subject to certain limitations, to reimburse the Advisor for certain costs incurred by the Advisor or its affiliates, such as personnel and overhead expenses, in connection with the services provided to the Company under the Advisory Agreement, provided that the Advisor does not receive a specific fee for the activities which generate the expenses to be reimbursed. The Advisor may utilize its officers to provide such services and in certain instances those individuals may include the Company’s principal executive officer and principal financial officer.

	The table below summarizes the fees and expenses incurred by the Company for services provided by the Advisor and the Dealer Manager related to the services described above, and any related amounts payable:



			Incurred						Payable as of
			For the Year Ended						December 31,
			December 31,
	(in thousands)		2014		2013		2012		2014		2013
	Expensed:
	Acquisition fees (1)		$	3,432	$	11,477	$	12,715	$	-	$	-
	Asset management fees (2)			29,548		23,063		11,918		23		13
	Other expense reimbursements			722		896		1,109		34		73

	Total		$	33,702	$	35,436	$	25,742	$	57	$	86

	Additional Paid-In Capital:
	Sales commissions		$	-	$	49,243	$	44,532	$	-	$	-
	Dealer manager fees			-		18,294		17,808		-		-
	Offering expenses			1,027		13,101		12,791		84		139

	Total		$	1,027	$	80,638	$	75,131	$	84	$	139



	-1	In addition, for the year ended December 31, 2014, the Company paid to the Advisor approximately $3.4 million of development acquisition fees, which are included in the total development project costs of the respective properties, and are capitalized in net investment in real properties on the Company’s consolidated balance sheets.


	-2	In addition, for the year ended December 31, 2014, the Company paid to the Advisor approximately $2.6 million of asset management fees in connection with dispositions, which are included in the gain on disposition of real estate properties on the Company’s consolidated statements of operations.

	Joint Venture Fees. The Fund I Partnership, as described in “Note 3,” paid fees to the Advisor or its affiliates for providing services to the Fund I Partnership. These fees were paid directly to the Advisor or its affiliates or indirectly, including, without limitation, through the Company or its subsidiaries. For the years ended December 31, 2013 and 2012, the Fund I Partnership paid to the Advisor approximately $3.6 million and $2.6 million, respectively, in fees for providing a variety of services, including with respect to acquisition and asset management activities. With respect to the Company’s percentage interest in the Fund I Partnership, the Company paid to the Advisor any additional amount necessary, after taking into account amounts paid directly by the Fund I Partnership to the Advisor, to provide that the Advisor received the total amount of fees payable pursuant to the Advisory Agreement.

NONCONTROLLING_INTERESTS

NONCONTROLLING INTERESTS	12 Months Ended
NONCONTROLLING INTERESTS	Dec. 31, 2014
Noncontrolling Interest [Abstract]
NONCONTROLLING INTERESTS	13. NONCONTROLLING INTERESTS

	Operating Partnership Units (“OP Units”)

	In July 2009, the Operating Partnership issued 20,000 OP Units to the Advisor in exchange for $200,000. The Company has evaluated its ability to deliver shares of common stock to satisfy redemption requests from holders of its OP Units, and the Company has concluded that it has the right to satisfy the redemption requirements of holders of its OP Units by delivering unregistered shares of its common stock. Each outstanding OP Unit is exchangeable for one share of the Company’s common stock, and an OP Unit holder cannot require redemption in cash or other assets. As a result, the Company classified its OP Units as noncontrolling interests within permanent equity until December 14, 2009, when the Advisor exchanged these 20,000 OP Units on a one-for-one basis for 20,000 shares of the Company’s common stock.

	Special Units

	In July 2009, the Operating Partnership issued 100 partnership units (“Special Units”) to Industrial Income Advisors Group LLC (the “Sponsor”), the parent of the Advisor, for consideration of $1,000. The holder of Special Units does not participate in the profits and losses of the Operating Partnership. Amounts distributable to the holder of the Special Units will depend on operations and the amount of net sales proceeds received from asset dispositions or upon other events. In general, after stockholders have received, in aggregate, cumulative distributions equal to their capital contributions plus a 6.5% cumulative, non-compounded annual pre-tax return on their net contributions, the holder of the Special Units and the holder of OP Units will receive 15% and 85%, respectively, of the net sales proceeds received by the Operating Partnership upon the disposition of the Operating Partnership’s assets.

	In addition, the Special Units will be redeemed by the Operating Partnership to the holder of the Special Units upon the earliest to occur of the following events: a Liquidity Event (as defined below); or the occurrence of certain events that result in the termination or non-renewal of the Advisory Agreement among the Advisor, the Company, and the Operating Partnership.

	A Liquidity Event is defined as: a listing of the Company’s common stock on a national securities exchange (or the receipt by its stockholders of securities that are listed on a national securities exchange in exchange for its common stock); the Company’s sale, merger or other transaction in which its stockholders either receive, or have the option to receive, cash, securities redeemable for cash, and/or securities of a publicly traded company; or the sale of all or substantially all of the Company’s assets where its stockholders either receive, or have the option to receive, cash or other consideration. As of December 31, 2014, the Company has not recorded a liability related to these Special Units.

	The Company has determined that the Special Units are not redeemable at a fixed or determinable amount on a fixed or determinable date, at the option of the holder, or upon events that are not solely within the Company’s control. As a result, the Company classifies its Special Units as noncontrolling interests within permanent equity. Because the holder of the Special Units does not participate in the profits and losses of the Operating Partnership, no net income (loss) was allocated to noncontrolling interests resulting from the 100 Special Units for the years ended December 31, 2014, 2013 and 2012.

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
COMMITMENTS AND CONTINGENCIES	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	14. COMMITMENTS AND CONTINGENCIES

	The Company and the Operating Partnership are not presently involved in any material litigation nor, to the Company’s knowledge, is any material litigation threatened against the Company or its investments. As of December 31, 2014, the Company had approximately $37.5 million in estimated costs for unfunded development commitments that the Company is obligated to fund under construction contracts, assuming certain conditions are met.

	Environmental Matters

	A majority of the properties the Company acquires are subject to environmental reviews either by the Company or the previous owners. In addition, the Company may incur environmental remediation costs associated with certain land parcels it may acquire in connection with the development of land. The Company has acquired certain properties in urban and industrial areas that may have been leased to or previously owned by commercial and industrial companies that discharged hazardous material. The Company may purchase various environmental insurance policies to mitigate its exposure to environmental liabilities. The Company is not aware of any environmental liabilities that it believes would have a material adverse effect on its business, financial condition, or results of operations as of December 31, 2014.

SELECTED_QUARTERLY_FINANCIAL_D

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)	12 Months Ended
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)	Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)	15. SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

	Selected quarterly financial data is as follows:



		For the Quarter Ended
	(in thousands, except per share data)	March 31			June 30			September 30			December 31
	2014
	Total revenues	$	81,537		$	76,866		$	76,530		$	77,524
	Total operating expenses	$	(70,534	)	$	(65,394	)	$	(64,377	)	$	(64,740	)
	Total other (expenses) income	$	(15,818	)	$	8,949		$	(15,328	)	$	(16,276	)
	Net (loss) income	$	(4,815	)	$	20,421		$	(3,175	)	$	(3,492	)
	Net (loss) income attributable to common stockholders	$	(4,815	)	$	20,421		$	(3,175	)	$	(3,492	)
	Net (loss) income per common share—basic and diluted	$	(0.02	)	$	0.1		$	(0.02	)	$	(0.02	)
	Weighted-average shares outstanding		208,135			209,419			210,542			211,692

	2013
	Total revenues	$	51,254		$	55,302		$	65,098		$	78,198
	Total operating expenses	$	(49,287	)	$	(57,904	)	$	(65,580	)	$	(66,923	)
	Total other (expenses) income	$	(12,884	)	$	(11,610	)	$	14,629		$	(15,433	)
	Net (loss) income	$	(10,917	)	$	(14,212	)	$	14,147		$	(4,158	)
	Net (loss) income attributable to common stockholders	$	(10,917	)	$	(14,212	)	$	14,147		$	(4,158	)
	Net (loss) income per common share—basic and diluted	$	(0.08	)	$	(0.09	)	$	0.07		$	(0.02	)
	Weighted-average shares outstanding		141,484			166,255			203,024			206,753

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	12 Months Ended
SUBSEQUENT EVENTS	Dec. 31, 2014
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	16. SUBSEQUENT EVENTS

	Amendments to the Distribution Reinvestment Plan and the Share Redemption Program

	The Company provides its stockholders with the ability to have cash otherwise distributable to them invested in additional shares of the Company’s common stock pursuant to its distribution reinvestment plan. The Company also provides eligible stockholders with limited, interim liquidity by enabling them to present for redemption all or a portion of their shares of the Company’s common stock pursuant to its share redemption program. On January 22, 2015, the Company’s board of directors approved and adopted amendments that impact the price at which shares will be reinvested pursuant to the Company’s distribution reinvestment plan and the price at which shares will be redeemed pursuant to the Company’s share redemption program. The amendments are reflected in the Third Amended and Restated Distribution Reinvestment Plan (the “Third Amended DRP”), and the Fourth Amended and Restated Share Redemption Program (the “Fourth Amended SRP”), each of which will take effect on March 1, 2015.

	Under the Third Amended DRP and the Fourth Amended SRP, shares will be reinvested and redeemed, respectively, at a price equal to 95% of the estimated value per share most recently announced by the Company in a public filing with the SEC as of the date of the applicable reinvestment or redemption. Accordingly, beginning with distributions declared for the first quarter of 2015, which are expected to be paid on or before April 15, 2015, participants in the Company’s distribution reinvestment plan will acquire shares at a price equal to $10.49 per share. In addition, any shares redeemed under the Company’s share redemption program on or after March 31, 2015 will be redeemed at a price of $10.49 per share.

SCHEDULE_IIIREAL_ESTATE_AND_AC

SCHEDULE III-REAL ESTATE AND ACCUMULATED DEPRECIATION	12 Months Ended
SCHEDULE III-REAL ESTATE AND ACCUMULATED DEPRECIATION	Dec. 31, 2014
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]
SCHEDULE III-REAL ESTATE AND ACCUMULATED DEPRECIATION	INDUSTRIAL INCOME TRUST INC.

	SCHEDULE III—REAL ESTATE AND ACCUMULATED DEPRECIATION



																		Costs				Gross Amount Carried as of									Accumulated
									Initial Cost to Company (3)									Capitalized or				December 31, 2014 (1)									Depreciation
			# of									Buildings and			Total			Adjustments							Buildings and			Total			and			Date of		Depreciable
			Buildings									Improvements			Costs			Subsequent							Improvements			Costs (4)			Amortization			Construction/		Life
	($ in thousands)					Debt			Land			-2						to Acquisition				Land			-2						-4			Acquisition		(Years)
	Consolidated Industrial Properties:
	Renton Distribution Center in Kent, WA			1		$	7,340		$	2,474		$	10,126		$	12,600		$	576			$	2,474		$	10,702		$	13,176		$	(1,596	)		6/30/10		Jan-40
	Bell Gardens in Bell Gardens, CA			3			8,722			12,044			3,323			15,367			1,123				12,044			4,446			16,490			(1,758	)		8/25/10		20-Jan
	Bay Area Portfolio in Richmond and Fremont, CA			4			27,716			27,639			32,361			60,000			1,627				27,639			33,988			61,627			(7,575	)		9/1/10		Jan-40
	Suwanee Point in Atlanta, GA			2			7,237			1,274			12,876			14,150			625				1,274			13,501			14,775			(2,750	)		11/1/10		Jan-40
	Inland Empire Indian Avenue Distribution Center in Inland Empire, CA			1			42,655			15,066			64,934			80,000			60				15,066			64,994			80,060			(12,117	)		12/29/10		Jan-40
	Brandon Woods Distribution Center in Baltimore, MD			1			8,660			4,916			11,184			16,100			(106	)			4,916			11,078			15,994			(1,361	)		12/30/10		Jan-40
	Rock Quarry 1 & 2 in Dallas, TX			2			11,622			3,106			22,569			25,675			(389	)			3,106			22,180			25,286			(3,484	)		1/19/11		Jan-40
	Hagerstown Distribution Centerin Hagerstown, MD			1			21,970			5,926			35,224			41,150			-				5,926			35,224			41,150			(6,516	)		1/27/11		Jan-40
	Kent Valley Distribution Centerin Kent, WA			1			2,961			871			6,786			7,657			451				871			7,237			8,108			(1,440	)		2/17/11		30-Jan
	Portside Distribution Center in Tacoma, WA			1			19,423			6,985			13,015			20,000			3,497				6,985			16,512			23,497			(1,987	)		3/22/11		Jan-40
	Collington Commerce Center in Baltimore, MD			1			-			4,531			14,769			19,300			876				4,531			15,645			20,176			(5,681	)		3/23/11		Jan-40
	Industrial Parkway Distribution Center in Atlanta, GA			1			-			2,117			10,333			12,450			543				2,117			10,876			12,993			(1,881	)		4/28/11		30-Jan
	Vista Point in Coppell, TX			6			9,917			4,914			18,029			22,943			1,940				4,914			19,969			24,883			(4,251	)		5/26/11		Jan-40
	Atlanta—Liberty DC in McDonough, GA			1			21,629			1,600			34,800			36,400			572				1,600			35,372			36,972			(3,341	)		6/17/11		Jan-40
	Sugarland Interchange DC in Sugarland, TX			1			19,185			5,832			26,143			31,975			1,560				5,832			27,703			33,535			(5,565	)		6/17/11		Jan-40
	York—Willow Springs in York, PA			1			26,055			4,356			39,069			43,425			1,086				4,356			40,155			44,511			(4,954	)		6/17/11		Jan-40
	Hagerstown Industrial Lane DC in Hagerstown, MD			1			-			1,399			7,101			8,500			537				1,399			7,638			9,037			(1,922	)		6/20/11		30-Jan
	Consolidated Industrial Properties (continued):
	Commerce Park in Houston, TX			13			21,811			10,662			23,335			33,997			4,899				10,662			28,234			38,896			(8,133	)		6/29/11		30-Jan
	Sterling Distribution Center in Ontario, CA			1			-			7,945			16,683			24,628			-				7,945			16,683			24,628			(2,733	)		8/8/11		30-Jan
	Ritner DC in Carlisle, PA			1			-			2,898			5,202			8,100			258				2,898			5,460			8,358			(2,065	)		8/15/11		20-Jan
	International Drive Distribution Center in Mount Olive, NJ			1			-			4,016			5,584			9,600			2,959				4,016			8,543			12,559			(1,610	)		8/24/11		20-Jan
	Keystone Industrial Portfolio in Bristol and West Chester, PA			13			-			10,585			25,765			36,350			1,498				10,585			27,263			37,848			(7,034	)		9/29/11		Jan-40
	Champagne DC in Ontario, CA			1			9,080			8,253			9,384			17,637			1,489				8,253			10,873			19,126			(1,476	)		11/21/11		Jan-40
	Exton Distribution Center in Exton, PA			1			-			1,666			5,759			7,425			190				1,666			5,949			7,615			(1,027	)		11/22/11		Jan-40
	Chicago Industrial Portfolioin Chicago, IL			9			60,177			14,179			88,482			102,661			5,160				14,179			93,642			107,821			(15,203	)		2011		Jan-40
	Valwood West Industrial Center in Dallas, TX			3			15,492			2,815			22,960			25,775			1,535				2,815			24,495			27,310			(3,075	)		12/15/11		Jan-40
	Southpoint & West Fork DC in Atlanta, GA			3			19,893			4,457			31,468			35,925			1,557				4,457			33,025			37,482			(5,606	)		12/15/11		Jan-40
	Marina West in Sunrise, FL			2			24,615			11,500			31,300			42,800			2,255				11,500			33,555			45,055			(5,251	)		12/15/11		Jan-40
	Crossroads DC in Hanover, MD			2			-			13,368			29,132			42,500			1,971				13,368			31,103			44,471			(3,698	)		12/15/11		Jan-40
	South Florida Industrial Portfolio in Tamarac and Ft. Lauderdale, FL			5			-			6,217			12,683			18,900			1,711				6,217			14,394			20,611			(3,397	)		1/13/12		Jan-40
	BWI Commerce Center in Hanover, MD			1			4,650			3,411			4,389			7,800			41				3,411			4,430			7,841			(675	)		3/23/12		30-Jan
	IN Industrial Portfolio in Plainfield, IN			6			42,370			7,228			64,147			71,375			3,785				7,228			67,932			75,160			(8,982	)		3/28/12		Jan-40
	PA Industrial Portfolio in Allentown, PA			5			39,980			15,185			50,690			65,875			2,879				15,185			53,569			68,754			(9,800	)		3/28/12		Jan-40
	10th Street Business Park in Dallas, TX			2			9,147			2,157			13,443			15,600			299				2,157			13,742			15,899			(1,558	)		4/23/12		Jan-40
	Hollins End Indutrial Park in Baltimore, MD			6			18,237			13,705			16,577			30,282			2,598				13,705			19,175			32,880			(3,370	)		5/3/12		Jan-40
	Cactus Distribution Centers in Phoenix, AZ			2			76,616			18,916			112,746			131,662			211				18,916			112,957			131,873			(13,757	)		5/10/12		Jan-40
	Gateway DC in Los Angeles, CA			1			9,180			11,277			12,975			24,252			494				11,277			13,469			24,746			(2,318	)		5/16/12		Jan-40
	Consolidated Industrial Properties (continued):
	BWI Commerce Center II in Hanover, MD			1			6,925			5,289			6,361			11,650			48				5,289			6,409			11,698			(787	)		5/16/12		Jan-40
	Foster Commerce Center in Portland, OR			2			10,325			3,023			14,305			17,328			1,955				3,023			16,260			19,283			(2,495	)		6/1/12		Jan-40
	Weston Business Center in Weston, FL			1			-			2,365			1,085			3,450			-				2,365			1,085			3,450			(151	)		6/11/12		Jan-40
	Houston Industrial Portfolio in Houston, TX			4			23,850			6,243			33,706			39,949			1,508				6,243			35,214			41,457			(4,560	)		6/14/12		Jan-40
	Hartman Business Center in Atlanta, GA			2			-			4,026			24,650			28,676			387				4,026			25,037			29,063			(3,389	)		6/28/12		Jan-40
	Memphis Industrial Portfolio in Memphis, TN			3			-			2,073			22,227			24,300			554				2,073			22,781			24,854			(4,495	)		7/11/12		30-Jan
	Baltimore Industrial Center in Baltimore, MD			1			-			4,332			5,842			10,174			-				4,332			5,842			10,174			(1,230	)		7/31/12		20-Jan
	Columbia Park Industrial Center in Baltimore, MD			1			-			993			4,807			5,800			66				993			4,873			5,866			(891	)		7/31/12		30-Jan
	Brandon Woods Distribution Center II in Baltimore, MD			1			-			4,231			10,994			15,225			36				4,231			11,030			15,261			(2,811	)		8/2/12		30-Jan
	Somerset Industrial Center in Somerset, NJ			1			9,515			5,534			8,823			14,357			374				5,534			9,197			14,731			(2,126	)		8/2/12		20-Jan
	Agave Distribution Center in Phoenix, AZ			1			38,250			13,972			76,993			90,965			619				13,972			77,612			91,584			(6,614	)		8/7/12		Jan-40
	Somerset Industrial Center II in Somerset, NJ			2			-			8,160			12,090			20,250			1,277				8,160			13,367			21,527			(3,288	)		8/8/12		20-Jan
	Tamarac in Tamarac, FL			-			-			1,300			-			1,300			6,620				1,300			6,620			7,920			-			8/28/12		N/A
Industrial Parkway Distribution Center in Los Angeles, CA			1			-			2,687			6,683			9,370			4				2,687			6,687			9,374			(1,050	)		8/31/12		Jan-40
Kent Valley Distribution Center II in Seattle, WA			1			-			6,475			11,275			17,750			1,318				6,475			12,593			19,068			(1,586	)		9/5/12		30-Jan
Salt Lake City Distribution Center in Salt Lake City, UT			2			15,963			3,103			21,981			25,084			119				3,103			22,100			25,203			(2,692	)		9/11/12		Jan-40
Chantilly DC in Chantilly, VA			1			-			5,479			12,071			17,550			44				5,479			12,115			17,594			(1,832	)		9/20/12		30-Jan
Washington DC Corporate Center in Washington, D.C.			1			-			9,354			5,246			14,600			108				9,354			5,354			14,708			(1,549	)		10/11/12		20-Jan
Consolidated Industrial Properties (continued):
Burleson Business Park in Austin, TX			3			14,172			3,983			22,136			26,119			1,193				3,983			23,329			27,312			(3,360	)		10/19/12		Jan-40
Raceway Crossings Industrial Center in Austin, TX			3			10,787			3,774			14,913			18,687			547				3,774			15,460			19,234			(1,516	)		10/23/12		Jan-40
Aurora DC III in Chicago, IL			1			-			3,648			12,602			16,250			-				3,648			12,602			16,250			(1,258	)		10/31/12		30-Jan
Pureland Industrial Portfolio in Bridgepoint, NJ			3			22,582			8,704			39,224			47,928			376				8,704			39,600			48,304			(7,989	)		11/9/12		20-Jan
Miami DC II in Miami, FL			1			-			2,346			4,704			7,050			16				2,346			4,720			7,066			(633	)		11/13/12		30-Jan
Kent Valley DC III in Seattle, WA			1			-			1,668			2,622			4,290			33				1,668			2,655			4,323			(348	)		12/5/12		20-Jan
Westfork & Southpoint in Atlanta, GA			3			24,065			5,065			34,885			39,950			770				5,065			35,655			40,720			(4,429	)		12/5/12		30-Jan
Chicago Distribution Portfolioin Chicago, IL			5			30,465			9,376			44,994			54,370			107				9,376			45,101			54,477			(6,634	)		12/5/12		Jan-40
Miramar Distribution Centerin Ft. Lauderdale, FL			1			18,080			9,474			27,026			36,500			172				9,474			27,198			36,672			(3,027	)		12/5/12		30-Jan
Southaven & Chickasaw in Memphis, TN			3			32,390			3,103			45,322			48,425			48				3,103			45,370			48,473			(6,522	)		12/5/12		Jan-40
Englewood Distribution Centerin Englewood, NJ			1			-			3,488			5,162			8,650			-				3,488			5,162			8,650			(953	)		12/6/12		20-Jan
Vista Point II in Austin, TX			1			7,158			2,709			10,791			13,500			22				2,709			10,813			13,522			(1,130	)		12/12/12		Jan-40
Freeport Crossing in Dallas, TX			7			42,563			11,860			63,890			75,750			3,614				11,860			67,504			79,364			(8,645	)		12/12/12		Jan-40
Houston Distribution Portfolio in Houston, TX			5			15,353			5,550			22,575			28,125			584				5,550			23,159			28,709			(4,452	)		12/12/12		20-Jan
Sorenson Industrial Center in Santa Fe Springs, CA			1			-			10,412			18,275			28,687			3,197				10,412			21,472			31,884			(974	)		12/14/12		Jan-40
Steamboat Distribution Center in York, PA			1			-			2,116			10,359			12,475			164				2,116			10,523			12,639			(839	)		12/21/12		30-Jan
Westport Distribution Center in Salt Lake City, UT			2			-			8,912			38,588			47,500			98				8,912			38,686			47,598			(4,613	)		12/24/12		Jan-40
Clifton Distribution Center in Clifton, NJ			1			-			10,394			15,706			26,100			94				10,394			15,800			26,194			(1,280	)		2/6/13		Jan-40
Consolidated Industrial Properties (continued):
Hayward DC in Hayward, CA			1			-			4,206			5,394			9,600			89				4,206			5,483			9,689			(651	)		2/14/13		30-Jan
Valley View Business Center Dallas, TX			2			-			1,855			10,315			12,170			175				1,855			10,490			12,345			(1,031	)		3/25/13		Jan-40
York DC II in York, PA			1			-			6,697			25,374			32,071			-				6,697			25,374			32,071			(1,640	)		3/27/13		Jan-40
Andover Distribution Center in Tukwila, WA			2			7,667			5,835			6,173			12,008			357				5,835			6,530			12,365			(852	)		3/29/13		20-Jan
Marina West DC II in Sunrise, FL			3			-			10,874			28,526			39,400			51				10,874			28,577			39,451			(4,126	)		4/2/13		30-Jan
Beltway Crossing DC in Missouri City, TX			4			-			6,760			31,229			37,989			334				6,760			31,563			38,323			(2,406	)		4/9/13		Jan-40
Gwinnett DC in Atlanta, GA			2			-			2,449			9,427			11,876			97				2,449			9,524			11,973			(1,246	)		4/24/13		20-Jan
Bluegrass Distribution Center I & II in Atlanta, GA			4			12,791			4,691			22,154			26,845			380				4,691			22,534			27,225			(2,593	)		4/24/13		30-Jan
Northpointe Distribution Center in Dulles, VA			2			-			2,382			7,193			9,575			676				2,382			7,869			10,251			(1,054	)		4/30/13		20-Jan
Fremont Distribution Center II in San Francisco, CA			1			-			5,802			7,698			13,500			80				5,802			7,778			13,580			(1,179	)		5/6/13		20-Jan
Broadway 101 Commerce Center in Mesa, AZ			11			-			17,190			59,812			77,002			1,173				17,190			60,985			78,175			(6,951	)		5/15/13		Jan-40
Lakeview Industrial Park in Dania Beach, FL			7			-			6,846			10,570			17,416			87				6,846			10,657			17,503			(1,579	)		5/15/13		20-Jan
South San Francisco DC II in San Francisco, CA			1			-			5,135			4,815			9,950			1,123				5,135			5,938			11,073			(668	)		5/23/13		20-Jan
Iron Run Distribution Center in Allentown, PA			1			-			1,628			6,372			8,000			15				1,628			6,387			8,015			(744	)		6/6/13		20-Jan
Buckeye Distribution Center in Phoenix, AZ			2			27,542			7,096			37,181			44,277			334				7,096			37,515			44,611			(3,630	)		6/7/13		Jan-40
Valley Crossings Distribution Center in Allentown, PA			1			-			4,207			12,343			16,550			443				4,207			12,786			16,993			(1,157	)		6/13/13		30-Jan
Artesia Distribution Center in Compton, CA			1			-			7,089			7,711			14,800			12				7,089			7,723			14,812			(1,028	)		6/26/13		20-Jan
Carlisle Distribution Center in Carlisle, PA			2			18,356			8,307			32,393			40,700			552				8,307			32,945			41,252			(2,841	)		6/26/13		30-Jan
Miami DC III in Miami, FL			-			-			3,250			-			3,250			1,560				3,250			1,560			4,810			-			6/27/13		N/A
Consolidated Industrial Properties (continued):
Greenwood Distribution Center in Greenwood, IN			1			-			1,875			13,850			15,725			396				1,875			14,246			16,121			(1,264	)		6/28/13		30-Jan
Nashville Portfolio in Nashville, TN			3			-			4,689			44,361			49,050			(385	)			4,689			43,976			48,665			(3,858	)		6/28/13		Jan-40
Lehigh Valley Distribution Center II in Allentown, PA			1			2,862			1,615			5,336			6,951			255				1,615			5,591			7,206			(490	)		8/1/13		20-Jan
York DC III in York, PA			1			-			5,056			17,410			22,466			-				5,056			17,410			22,466			(1,146	)		8/1/13		Jan-40
Fairburn Distribution Center in Atlanta, GA			1			3,300			1,899			14,070			15,969			8				1,899			14,078			15,977			(866	)		8/1/13		30-Jan
Miami DC IV in Miami, FL			-			-			1,985			-			1,985			1,671				1,985			1,671			3,656			-			8/1/13		N/A
Randall Crossing Distribution Center in Elgin, IL			1			-			802			6,748			7,550			-				802			6,748			7,550			(442	)		8/2/13		Jan-40
Waterfront Distribution Centerin Jersey City, NJ			1			-			6,621			6,879			13,500			-				6,621			6,879			13,500			(1,319	)		8/7/13		20-Jan
Beckwith Farms Distribution Center I in Mt. Juliet, TN			1			-			2,985			29,669			32,654			26				2,985			29,695			32,680			(1,120	)		8/15/13		Jan-40
Fairfield Portfolio in Fairfield and Pinebrook, NJ			7			-			28,407			51,866			80,273			3,093				28,407			54,959			83,366			(3,863	)		8/27/13		20-Jan
Kent Valley DC IV in Kent, WA			1			-			3,524			6,626			10,150			427				3,524			7,053			10,577			(613	)		8/28/13		30-Jan
South Bay Distribution Center in Torrance, CA			1			-			16,574			17,034			33,608			1,310				16,574			18,344			34,918			(168	)		8/29/13		Jan-40
Beckwith Farms DC II & III in Mt. Juliet, TN			2			-			2,907			20,437			23,344			1,223				2,907			21,660			24,567			(2,456	)		8/30/13		Jan-40
Landover DC in Landover, MD			1			-			12,758			19,772			32,530			205				12,758			19,977			32,735			(2,009	)		9/11/13		20-Jan
Denver Distribution Center in Aurora, CO			1			30,368			4,355			41,539			45,894			-				4,355			41,539			45,894			(1,756	)		9/13/13		Jan-40
Bluegrass Distribution Center I & II in Atlanta, GA			4			12,791			4,691			22,154			26,845			380				4,691			22,534			27,225			(2,593	)		4/24/13		30-Jan
Northpointe Distribution Center in Dulles, VA			2			-			2,382			7,193			9,575			676				2,382			7,869			10,251			(1,054	)		4/30/13		20-Jan
Consolidated Industrial Properties (continued):
Fremont Distribution Center II in San Francisco, CA			1			-			5,802			7,698			13,500			80				5,802			7,778			13,580			(1,179	)		5/6/13		20-Jan
Broadway 101 Commerce Center in Mesa, AZ			11			-			17,190			59,812			77,002			1,173				17,190			60,985			78,175			(6,951	)		5/15/13		Jan-40
Lakeview Industrial Park in Dania Beach, FL			7			-			6,846			10,570			17,416			87				6,846			10,657			17,503			(1,579	)		5/15/13		20-Jan
South San Francisco DC II in San Francisco, CA			1			-			5,135			4,815			9,950			1,123				5,135			5,938			11,073			(668	)		5/23/13		20-Jan
Iron Run Distribution Center in Allentown, PA			1			-			1,628			6,372			8,000			15				1,628			6,387			8,015			(744	)		6/6/13		20-Jan
Buckeye Distribution Center in Phoenix, AZ			2			27,542			7,096			37,181			44,277			334				7,096			37,515			44,611			(3,630	)		6/7/13		Jan-40
Valley Crossings Distribution Center in Allentown, PA			1			-			4,207			12,343			16,550			443				4,207			12,786			16,993			(1,157	)		6/13/13		30-Jan
Artesia Distribution Center in Compton, CA			1			-			7,089			7,711			14,800			12				7,089			7,723			14,812			(1,028	)		6/26/13		20-Jan
Carlisle Distribution Center in Carlisle, PA			2			18,356			8,307			32,393			40,700			552				8,307			32,945			41,252			(2,841	)		6/26/13		30-Jan
Miami DC III in Miami, FL			-			-			3,250			-			3,250			1,560				3,250			1,560			4,810			-			6/27/13		N/A
Greenwood Distribution Center in Greenwood, IN			1			-			1,875			13,850			15,725			396				1,875			14,246			16,121			(1,264	)		6/28/13		30-Jan
Nashville Portfolio in Nashville, TN			3			-			4,689			44,361			49,050			(385	)			4,689			43,976			48,665			(3,858	)		6/28/13		Jan-40
Lehigh Valley Distribution Center II in Allentown, PA			1			2,862			1,615			5,336			6,951			255				1,615			5,591			7,206			(490	)		8/1/13		20-Jan
York DC III in York, PA			1			-			5,056			17,410			22,466			-				5,056			17,410			22,466			(1,146	)		8/1/13		Jan-40
Fairburn Distribution Center in Atlanta, GA			1			3,300			1,899			14,070			15,969			8				1,899			14,078			15,977			(866	)		8/1/13		30-Jan
Miami DC IV in Miami, FL			-			-			1,985			-			1,985			1,671				1,985			1,671			3,656			-			8/1/13		N/A
Randall Crossing Distribution Center in Elgin, IL			1			-			802			6,748			7,550			-				802			6,748			7,550			(442	)		8/2/13		Jan-40
Waterfront Distribution Centerin Jersey City, NJ			1			-			6,621			6,879			13,500			-				6,621			6,879			13,500			(1,319	)		8/7/13		20-Jan
Consolidated Industrial Properties (continued):
Beckwith Farms Distribution Center I in Mt. Juliet, TN			1			-			2,985			29,669			32,654			26				2,985			29,695			32,680			(1,120	)		8/15/13		Jan-40
Fairfield Portfolio in Fairfield and Pinebrook, NJ			7			-			28,407			51,866			80,273			3,093				28,407			54,959			83,366			(3,863	)		8/27/13		20-Jan
Kent Valley DC IV in Kent, WA			1			-			3,524			6,626			10,150			427				3,524			7,053			10,577			(613	)		8/28/13		30-Jan
South Bay Distribution Centerin Torrance, CA			1			-			16,574			17,034			33,608			1,310				16,574			18,344			34,918			(168	)		8/29/13		Jan-40
Beckwith Farms DC II & III in Mt. Juliet, TN			2			-			2,907			20,437			23,344			1,223				2,907			21,660			24,567			(2,456	)		8/30/13		Jan-40
Landover DC in Landover, MD			1			-			12,758			19,772			32,530			205				12,758			19,977			32,735			(2,009	)		9/11/13		20-Jan
Denver Distribution Center in Aurora, CO			1			30,368			4,355			41,539			45,894			-				4,355			41,539			45,894			(1,756	)		9/13/13		Jan-40
Centerpointe Industrial Center in Moreno Valley, CA			4			75,196			38,913			84,906			123,819			31,082				38,913			115,988			154,901			(5,399	)		2013		Jan-40
Bedford Park Industrial Center in Bedford Park, IL			3			36,700			15,518			47,182			62,700			6,088				15,518			53,270			68,788			(3,499	)		9/17/13		Jan-40
South San Francisco DC in Brisbane, CA			1			3,000			5,454			4,246			9,700			1,089				5,454			5,335			10,789			(57	)		9/17/13		20-Jan
Redlands Industrial Center in Redlands, CA			3			7,773			9,017			13,083			22,100			121				9,017			13,204			22,221			(1,075	)		9/17/13		Jan-40
Franklin Square Industrial Center in Rossville, MD			1			-			6,504			12,396			18,900			8,627				6,504			21,023			27,527			(1,115	)		9/17/13		30-Jan
Orange County Distribution Center in Placentia, CA			1			8,500			11,136			8,764			19,900			1,399				11,136			10,163			21,299			(397	)		9/17/13		Jan-40
Miami Distribution Center in Medley, FL			1			-			4,600			10,900			15,500			756				4,600			11,656			16,256			(435	)		9/17/13		Jan-40
Hofer Ranch Industrial Center in Ontario, CA			2			32,500			23,439			43,111			66,550			475				23,439			43,586			67,025			(2,112	)		9/17/13		Jan-40
Portland Distribution Center in Portland, OR			6			-			8,356			38,744			47,100			704				8,356			39,448			47,804			(3,166	)		9/17/13		30-Jan
Concours Distribution Center in Ontario, CA			1			2,500			3,618			4,182			7,800			118				3,618			4,300			7,918			(255	)		9/17/13		30-Jan
Palo Verde Distribution Center in Phoenix, AZ			1			4,500			2,560			14,140			16,700			1,061				2,560			15,201			17,761			(961	)		9/17/13		30-Jan
Consolidated Industrial Properties (continued):
Sumner Distribution Center in Sumner, WA			1			14,000			10,252			20,648			30,900			6,661				10,252			27,309			37,561			(262	)		9/17/13		Jan-40
Ontario Mills Distribution Center in Ontario, CA			1			18,000			16,883			20,947			37,830			4,444				16,883			25,391			42,274			(161	)		9/17/13		Jan-40
Auburn Distribution Center in Auburn, WA			1			6,287			7,234			17,516			24,750			1,116				7,234			18,632			25,866			(1,088	)		10/1/13		30-Jan
I-95 Distribution Center in Baltimore, MD			1						10,644			24,896			35,540			-				10,644			24,896			35,540			(576	)		10/1/2013,		Jan-40
I-95 Distribution Center in Baltimore, MD			1						10,644			24,896			35,540			-				10,644			24,896			35,540			(576	)		8/1/14		Jan-40
Capital Beltway Commerce Center in Suitland, MD			1			-			4,338			3,062			7,400			340				4,338			3,402			7,740			(670	)		10/23/13		20-Jan
Northpoint Commerce Center in Dallas, TX			1			-			2,900			9,391			12,291			2,312				2,900			11,703			14,603			(284	)		12/12/13		Jan-40
Imperial Distribution Center in Houston, TX			1			-			5,149			14,779			19,928			1,671				5,149			16,450			21,599			-			1/24/14		Jan-40
Wesport Distribution Center in Salt Lake City, UT			1			-			4,818			16,453			21,271			1,374				4,818			17,827			22,645			-			4/3/14		Jan-40
Chino Distribution Center in Chino, CA			1			-			13,621			18,462			32,083			1,438				13,621			19,900			33,521			(3	)		4/24/14		Jan-40
Beltway Crossing Distribution Center 5 & 6 in Missouri City, TX			2			-			3,665			9,147			12,812			1,223				3,665			10,370			14,035			(88	)		5/2/14		Jan-40
Cajon Distribution Center in San Bernardino, CA			1			-			16,900			38,576			55,476			1,120				16,900			39,696			56,596			-			7/1/14		Jan-40
Lehigh Valley Distribution Center I & II in Allentown, PA			-						4,907			-			4,907			438				4,907			438			5,345			-					N/A

Total			283		$	1,220,625		$	909,488		$	2,754,067		$	3,663,555		$	165,863			$	909,488		$	2,919,930		$	3,829,418		$	(347,444	)



-1	As of December 31, 2014, the aggregate cost for federal income tax purposes of investments in property was $3.8 billion (unaudited).


-2	Includes gross intangible lease assets of $380.5 million and gross intangible lease liabilities of $37.2 million.


-3	For properties developed by IIT, included in Initial Cost to Company are development costs capitalized prior to substantial completion of the properties.


-4	A summary of activity for investment in real estate properties is as follows:



(in thousands)		2014			2013
Investment in real estate properties:
Balance at beginning of period		$	3,674,871		$	2,199,722
Acquisition of properties			145,770			1,427,812
Improvements, including development properties			124,485			47,337
Disposition of properties			(115,708	)		-

Balance at end of period		$	3,829,418		$	3,674,871

Accumulated depreciation:
Balance at beginning of period		$	(212,922	)	$	(91,302	)
Additions charged to costs and expenses			(150,500	)		(121,620	)
Disposition of properties charged to costs and expenses			15,978			-

Balance at end of period		$	(347,444	)	$	(212,922	)

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation
	The accompanying consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). In the opinion of management, the accompanying consolidated financial statements contain all adjustments and eliminations, consisting only of normal recurring adjustments necessary for a fair presentation in conformity with GAAP.
Basis of Consolidation	Basis of Consolidation
	The consolidated financial statements include the accounts of Industrial Income Trust Inc., the Operating Partnership, and its wholly-owned subsidiaries, as well as amounts related to noncontrolling interests. See “Noncontrolling Interests” below for further detail concerning the accounting policies regarding noncontrolling interests. Investments in unconsolidated entities over which the Company exercises significant influence but does not control are accounted for using the equity method. See “Note 6” for further detail regarding investments in unconsolidated joint ventures. All material intercompany accounts and transactions have been eliminated.
Use of Estimates	Use of Estimates
	GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements. Actual results could differ from these estimates. Estimates and assumptions are reviewed periodically, and the effects of revisions are reflected in the period they are determined to be necessary.
Reclassifications	Reclassifications

	Certain items in the Company’s consolidated financial statements for 2013 have been reclassified from accounts payable and accrued expenses to other liabilities to conform to the 2014 presentation.
Investment in Real Estate Properties	Investment in Real Estate Properties
	Upon acquisition, the purchase price of a property is allocated to land, building, building and land improvements, and intangible lease assets and liabilities. The purchase price allocation is based on management’s estimate of the property’s “as-if” vacant fair value. The “as-if” vacant fair value is calculated by using all available information such as the replacement cost of such asset, appraisals, property condition reports, market data and other related information.
	The allocation of the purchase price to intangible lease assets represents the value associated with the in-place leases, which may include lost rent, leasing commissions, tenant improvements, legal and other related costs. The allocation of the purchase price to above-market lease assets and below-market lease liabilities results from in-place leases being above or below management’s estimate of fair market rental rates at the acquisition date and are measured over a period equal to the remaining term of the lease for above-market leases and the remaining term of the lease, plus the term of any below-market fixed-rate renewal option periods, if applicable, for below-market leases. Intangible lease assets, above-market lease assets, and below-market lease liabilities are collectively referred to as “intangible lease assets and liabilities.”

	If any debt is assumed in an acquisition, the difference between the fair value and the face value of debt is recorded as a premium or discount and amortized to interest expense over the life of the debt assumed. Costs associated with the acquisition of a property, including acquisition fees paid to Industrial Income Advisors LLC (the “Advisor”) are expensed as incurred.
	The results of operations for acquired properties are included in the consolidated statements of operations from their respective acquisition dates. Intangible lease assets are amortized to real-estate related depreciation and amortization over the remaining lease term. Above-market lease assets are amortized as a reduction in rental revenue over the remaining lease term and below-market lease liabilities are amortized as an increase in rental revenue over the remaining lease term, plus any applicable fixed-rate renewal option periods. The Company expenses any unamortized intangible lease asset or records an adjustment to rental revenue for any unamortized above-market lease asset or below-market lease liability when a customer terminates a lease before the stated lease expiration date.
	Real estate assets, including land, building, building and land improvements, tenant improvements, lease commissions, and intangible lease assets and liabilities are stated at historical cost less accumulated depreciation and amortization. Costs associated with the development and improvement of the Company’s real estate assets are capitalized as incurred. Costs incurred in making repairs and maintaining real estate assets are expensed as incurred. Real estate-related depreciation and amortization are computed on a straight-line basis over the estimated useful lives as described in the following table:


	Land		Not depreciated
	Building		20 to 40 years
	Building and land improvements		5 to 20 years
	Tenant improvements		Lesser of useful life or lease term
	Lease commissions		Over lease term
	Intangible lease assets		Over lease term
	Above-market lease assets		Over lease term
	Below-market lease liabilities		Over lease term, including below-
			market fixed-rate renewal options
	Real estate assets that are determined to be held and used will be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable, and the Company will evaluate the recoverability of such real estate assets based on estimated future cash flows and the estimated liquidation value of such real estate assets, and provide for impairment if such undiscounted cash flows are insufficient to recover the carrying amount of the real estate asset. If impaired, the real estate asset will be written down to its estimated fair value. For the years ended December 31, 2014, 2013 and 2012, the Company did not record any impairment charges related to real estate assets.
Investment in Unconsolidated Joint Ventures	Investment in Unconsolidated Joint Ventures
	Based on an analysis of the Company’s investment under GAAP guidance, which included a determination that its joint ventures are not variable interest entities and that the substantial participating rights described in the GAAP guidance are held by the respective partners not affiliated with the Company, the Company has determined not to consolidate its joint ventures, and to account for its investment in the joint ventures under the equity method. Under the equity method, the investment is initially recorded at cost and subsequently adjusted to reflect the Company’s proportionate share of equity in the joint venture’s income (loss) and distributions, which is included in investment in unconsolidated joint ventures on the consolidated balance sheets. The Company recognizes its proportionate share of the ongoing income or loss of the unconsolidated joint ventures in equity in loss of unconsolidated joint ventures on the consolidated statements of operations.
	The Company evaluates its investment in the unconsolidated joint ventures for impairment whenever events or changes in circumstances indicate that there may be an other-than-temporary decline in value. To do so, the Company calculates the estimated fair value of the investment using various valuation techniques, including, but not limited to, discounted cash flow models, the Company’s intent and ability to retain its investment in the entity, the financial condition and long-term prospects of the entity, rights and obligations of the joint ventures, and the expected term of the investment. If the Company determines the decline in value is other-than-temporary, the Company recognizes an impairment charge to reduce the carrying value of its investment to fair value. No impairment losses were recorded related to the Company’s unconsolidated joint ventures for the years ended December 31, 2014, 2013 and 2012.
Cash and Cash Equivalents	Cash and Cash Equivalents
	Cash and cash equivalents consist of cash on hand and highly liquid investments with original maturities at the acquisition date of three months or less.
Restricted Cash	Restricted Cash
	Restricted cash consists of cash held in escrow in connection with certain mortgage note financing requirements and tenant improvements.
Deferred Financing Costs	Deferred Financing Costs
	Deferred financing costs include fees and costs incurred to obtain long-term financing. These fees and costs are amortized to interest expense over the terms of the related loans. Unamortized deferred financing costs are written off if debt is retired before its maturity date. Accumulated amortization of deferred financing costs was approximately $6.5 million and $3.5 million as of December 31, 2014 and 2013, respectively. The Company’s interest expense for the years ended December 31, 2014, 2013 and 2012 included $3.0 million, $2.5 million, and $1.6 million, respectively, of amortization of financing costs.
Straight-line Rent and Tenant Receivables	Straight-line Rent and Tenant Receivables
	Straight-line rent and tenant receivables include all straight-line rent and accounts receivable, net of allowances. The Company maintains an allowance for estimated losses that may result from the inability of certain of its customers to make required payments. If a customer fails to make contractual payments beyond any allowance, the Company may recognize additional bad debt expense in future periods equal to the net outstanding balances. As of December 31, 2014 and 2013, the Company’s allowance for doubtful accounts was approximately $1.2 million for both periods.
Derivative Instruments	Derivative Instruments
	The Company records its derivative instruments in the consolidated balance sheets at fair value. The Company’s derivative instruments are designated as cash flow hedges and are used to hedge exposure to variability in expected future cash flows, such as future interest payments. For cash flow hedges, the changes in fair value of the derivative instrument that represent changes in expected future cash flows, which are effectively hedged by the derivative instrument, are initially reported as other comprehensive income in the consolidated statements of equity until the derivative instrument is settled. Upon settlement, the effective portion of the hedge is recognized as other comprehensive income and amortized over the term of the designated cash flow or transaction the derivative instrument was intended to hedge. As such, the effective portion of the hedge impacts net income in the same period as the hedged item. The change in value of any derivative instrument that is deemed to be ineffective is charged directly to net income when the determination of hedge ineffectiveness is made. For purposes of determining hedge ineffectiveness, management estimates the timing and potential amount of future interest payments each quarter in order to estimate the cash flows of the designated hedged item or transaction. The Company does not use derivative instruments for trading or speculative purposes.
Noncontrolling Interests	Noncontrolling Interests
	Due to the Company’s control of the Operating Partnership through its sole general partner interest and its limited partner interest, the Company consolidates the Operating Partnership. The limited partner interests not owned by the Company are presented as noncontrolling interests in the consolidated financial statements. The noncontrolling interests are reported on the consolidated balance sheets within permanent equity, separate from stockholders’ equity. Net income or loss related to these noncontrolling interests is included in net income or loss in the consolidated statements of operations.
Revenue Recognition	Revenue Recognition
	The Company records rental revenue on a straight-line basis over the full lease term. Certain properties have leases that offer the tenant a period of time where no rent is due or where rent payments change during the term of the lease. Accordingly, the Company records receivables from tenants for rent that the Company expects to collect over the remaining lease term rather than currently, which are recorded as a straight-line rent receivable. When the Company acquires a property, the term of existing leases is considered to commence as of the acquisition date for purposes of this calculation.
	Tenant reimbursement revenue includes payments and amounts due from tenants pursuant to their leases for real estate taxes, insurance and other recoverable property operating expenses and is recognized as rental revenue in the period the applicable expenses are incurred. For the years ended December 31, 2014, 2013 and 2012, tenant reimbursement revenue recognized in rental revenues was approximately $68.6 million, $50.9 million and $24.1 million, respectively.
	In connection with property acquisitions, the Company may acquire leases with rental rates above or below estimated market rental rates. Above-market lease assets are amortized as a reduction to rental revenue over the remaining lease term, and below-market lease liabilities are amortized as an increase to rental revenue over the remaining lease term, plus any applicable fixed-rate renewal option periods.
	The Company expenses any unamortized intangible lease asset or records an adjustment to rental revenue for any unamortized above-market lease asset or below-market lease liability by reassessing the estimated remaining useful life of such intangible lease asset or liability when it becomes probable a customer will terminate a lease before the stated lease expiration date.
Share-Based Compensation	Share-Based Compensation
	The Company accounts for share-based compensation related to restricted stock issued to certain eligible individuals using a fair value based methodology, which is based upon the stock price on the vesting date and requires the amount of related expense to be adjusted to the fair value of the award at the end of each reporting period until the awards have fully vested. Share-based compensation expense for restricted stock is amortized using a graded vesting attribution method and is recognized in general and administrative expenses in the Company’s consolidated statements of operations.
Organization and Offering Expenses	Organization and Offering Expenses
	Organization costs are expensed as incurred. Offering costs associated with the Company’s public offerings are charged against the gross proceeds from the public offerings and are reflected as a reduction in additional paid-in capital. See “Note 12” for additional information regarding organization and offering expenses.
Income Taxes	Income Taxes
	The Company elected under the Internal Revenue Code of 1986, as amended, to be taxed as a REIT beginning with the tax year ended December 31, 2010. As a REIT, the Company generally is not subject to federal income taxes on net income it distributes to its stockholders. The Company intends to make timely distributions sufficient to satisfy the annual distribution requirements. If the Company fails to qualify as a REIT in any taxable year, the Company will be subject to federal income tax on its taxable income at regular corporate tax rates. Even if the Company qualifies for taxation as a REIT, the Company may be subject to certain state and local taxes on its income and property and federal income and excise taxes on its undistributed income.
Net Income (Loss) Per Common Share	Net Income (Loss) Per Common Share
	The Company computes net income (loss) per common share by dividing net income (loss) by the weighted-average number of common shares outstanding during the period. There were no dilutive shares for the years ended December 31, 2014, 2013 and 2012.
Recent Accounting Standards	Recent Accounting Standards

	In April 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-08, “Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity” (“ASU 2014-08”), which changes the criteria pursuant to which a disposal will qualify as a discontinued operation and requires new disclosure of both discontinued operations and certain other disposals that do not meet the definition of a discontinued operation. Under the revised standard, the definition of discontinued operations has been changed so that only disposals of components that represent strategic shifts qualify for discontinued operations reporting. As permitted, the Company adopted ASU 2014-08 early, and it became effective for the Company for the quarter ended March 31, 2014. The adoption of this standard did not have an impact on the Company’s overall results of operations, financial position or liquidity.

	In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” (“ASU 2014-09”), which provides guidance for revenue recognition and supersedes the revenue recognition requirements in Topic 605, “Revenue Recognition.” The standard is based on the principle that a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. ASU 2014-09 also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. The new guidance specifically excludes revenue derived from lease contracts from its scope. The standard will be effective for the Company in the first quarter of fiscal year 2017. Early adoption is not permitted. The Company is currently evaluating the impact of the adoption of this standard on its consolidated financial statements.
Disposition of Real Estate	Gains on the disposition of real estate properties are recorded when the recognition criteria have been met, generally at the time title is transferred, and the Company no longer has substantial continuing involvement with the real estate sold.
Fair Value	Fair value measurements are determined based on the assumptions that market participants would use in pricing the asset or liability. Fair value measurements are categorized into one of three levels of the fair value hierarchy based on the lowest level of significant input used. In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the asset or liability. Considerable judgment and a high degree of subjectivity are involved in developing these estimates. These estimates may differ from the actual amounts that the Company could realize upon settlement.

	The fair value hierarchy is as follows:

	Level 1—Quoted (unadjusted) prices in active markets for identical assets or liabilities.

	Level 2—Other observable inputs, either directly or indirectly, other than quoted prices included in Level 1, including:


		•		Quoted prices for similar assets/liabilities in active markets;


		•		Quoted prices for identical or similar assets/liabilities in non-active markets (e.g., few transactions, limited information, non-current prices, high variability over time);


		•		Inputs other than quoted prices that are observable for the asset/liability (e.g., interest rates, yield curves, volatilities, default rates); and


		•		Inputs that are derived principally from or corroborated by other observable market data.

	Level 3—Unobservable inputs that cannot be corroborated by observable market data.

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	Dec. 31, 2014
Accounting Policies [Abstract]
Real Estate Asset, Useful life	Real estate-related depreciation and amortization are computed on a straight-line basis over the estimated useful lives as described in the following table:


	Land	Not depreciated
	Building	20 to 40 years
	Building and land improvements	5 to 20 years
	Tenant improvements	Lesser of useful life or lease term
	Lease commissions	Over lease term
	Intangible lease assets	Over lease term
	Above-market lease assets	Over lease term
	Below-market lease liabilities	Over lease term, including below-
	Below-market lease liabilities	market fixed-rate renewal options

ACQUISITIONS_Tables

ACQUISITIONS (Tables)	12 Months Ended
ACQUISITIONS (Tables)	Dec. 31, 2014
Summary of Business Acquisitions	During the year ended December 31, 2013, the Company acquired 100% of the following properties:



																	Intangibles
	($ in thousands)		Acquisition		Number				Land				Building				Intangible				Above-				Below-				Total
			Date		of												Lease				Market				Market				Purchase
					Buildings												Assets				Lease				Lease				Price (1)
																					Assets				Liabilities
	York Distribution Center II		3/27/13			1			$	6,697			$	24,819			$	4,010			$	-			$	(3,455	)		$	32,071
	Marina West Distribution Center II		4/2/13			3				10,874				24,308				3,491				738				(11	)			39,400
	Beltway Crossing Distribution Center		4/9/13			4				6,760				29,483				2,180				-				(434	)			37,989
	Broadway 101 Commerce Center		5/15/13			11				17,190				49,881				7,771				2,580				(420	)			77,002
	Buckeye Distribution Center		6/7/13			2				7,096				35,775				3,203				156				(1,953	)			44,277
	Carlisle Distribution Center		6/26/13			2				8,307				28,418				3,975				-				-				40,700
	Nashville Portfolio		6/28/13			3				4,689				37,403				5,725				1,691				(458	)			49,050
	Eastern Logistics Portfolio		8/1/13			3				8,570				32,607				4,406				262				(459	)			45,386
	Beckwith Farms Distribution Center I (2)		8/15/13			1				2,985				29,004				665				-				-				32,654
	Fairfield Portfolio		8/27/13			7				28,407				43,479				5,974				2,413				-				80,273
	South Bay Distribution Center		8/29/13			1				16,574				17,034				-				-				-				33,608
	Denver Distribution Center		9/13/13			1				4,355				36,465				6,787				-				(1,713	)			45,894
	Other acquisitions		Various			36				128,806				199,679				35,782				3,270				(8,579	)			358,958

	Total 2013 Acquisitions					75			$	251,310			$	588,355			$	83,969			$	11,110				$ (17,482	)		$	917,262

	-1	Total purchase price equals consideration paid, plus any debt and liabilities assumed.
	-2	Represents a build-to-suit property for which the land was acquired in January 2013.
Pro Forma Financial Information	The pro forma financial information is not intended to represent or be indicative of the Company’s consolidated financial results that would have been reported had the acquisitions been completed at the beginning of the comparable prior period presented and should not be taken as indicative of its future consolidated financial results.



	(in thousands)		For the Year Ended
	(in thousands)		December 31, 2013
	Actual:
	Total revenues		$	31,838

	Net loss		$	(1,263	)

	Pro forma:
	Total revenues (1)		$	291,406

	Net loss (2)		$	(15,361	)

	-1	The pro forma total revenues were adjusted to include incremental revenue of $41.6 million for the year ended December 31, 2013. The incremental rental revenue was determined based on the acquired property’s historical rental revenue and the purchase accounting entries and includes: (i) the incremental base rent adjustments calculated based on the terms of the acquired leases and presented on a straight-line basis and (ii) the incremental reimbursement and other revenue adjustments, which consist primarily of rental expense recoveries, and are determined based on the acquired customer’s historical reimbursement and other revenue. There are no pro forma total revenues for the year ended December 31, 2014 as a full year of total revenues from the 2013 acquisitions is reflected in the actual results presented on the consolidated statements of operations.

	-2	The pro forma net loss was adjusted to exclude acquisition-related expenses of $24.4 million for the year ended December 31, 2013. Pro forma net loss for the year ended December 31, 2013 was adjusted to exclude the gain on the acquisition of the Fund I Partnership of $26.5 million. There is no pro forma total net loss for the year ended December 31, 2014 as a full year of net loss from the 2013 acquisitions is reflected in the actual results presented on the consolidated statements of operations.
Fund I Partnership [Member]
Summary of Business Acquisitions	Additional detail of the net real estate assets acquired is as follows:



																			Intangibles
	($ in thousands)		Acquisition				Number				Land				Building				Intangible				Above-				Below-				Total Net
			Date				of												Lease				Market				Market				Real Estate
							Buildings												Assets (2)				Lease				Lease				Assets
																							Assets (2)				Liabilities (2)
	Fund I Partnership (1)			9/17/13				31			$	151,263			$	334,564			$	27,096			$	3,435			$	(5,808	)		$	510,550
	-1	Prior to the transaction and the resulting consolidation of the Fund I Partnership, as described in more detail above, the Company had included certain operating data of the Fund I Partnership in the Company’s total portfolio metrics for the periods the properties were owned by the Fund I Partnership. These properties were previously referred to as “unconsolidated properties.”
	-2	The weighted-average amortization period for the intangible assets and liabilities acquired, as of the date of acquisition, was 5.3 years.

INVESTMENT_IN_REAL_ESTATE_PROP1

INVESTMENT IN REAL ESTATE PROPERTIES (Tables)	12 Months Ended
INVESTMENT IN REAL ESTATE PROPERTIES (Tables)	Dec. 31, 2014
Real Estate [Abstract]
Investment in Properties	As of December 31, 2014 and December 31, 2013, the Company’s consolidated investment in real estate properties consisted of 283 and 296 industrial buildings, respectively, totaling approximately 57.6 million and 57.2 million square feet, respectively.



			December 31,			December 31,
	(in thousands)		2014			2013
	Land		$	909,488		$	874,779
	Building and improvements			2,509,459			2,430,999
	Intangible lease assets			380,513			390,809
	Under construction and other (1)			67,135			15,905


	Investment in real estate properties		$	3,866,595			3,712,492
	Less accumulated depreciation and amortization			(347,444	)		(212,922	)


	Net investment in real estate properties		$	3,519,151		$	3,499,570



	-1	As of December 31, 2014, the Company had six buildings under construction totaling approximately 0.6 million square feet and two buildings in the pre-construction phase totaling an additional 0.6 million square feet.
Summary of Intangible Lease Assets and Liabilities	Intangible lease assets and liabilities included the following:



			December 31, 2014									December 31, 2013
	(in thousands)		Gross			Accumulated			Net			Gross			Accumulated			Net
	(in thousands)		Gross			Amortization			Net			Gross			Amortization			Net
	Intangible lease assets		$	340,151		$	-164,875		$	175,276		$	347,186		$	(106,872	)	$	240,314
	Above-market lease assets			40,362			-21,639			18,723			43,623			(14,453	)		29,170
	Below-market lease liabilities			(37,177	)		11,312			(25,865	)		(37,621	)		5,763			(31,858	)
Estimated Net Amortization of Intangible Lease Assets and Liabilities	The following table details the estimated net amortization of such intangible lease assets and liabilities, as of December 31, 2014, for the next five years and thereafter:



			Estimated Net Amortization
	(in thousands)		Intangible			Above-Market			Below-Market
	(in thousands)		Lease Assets			Lease Assets			Lease Liabilities
	2015		$	47,791		$	5,611		$	-4,711
	2016			34,986			4,085			-3,732
	2017			26,883			3,320			-3,060
	2018			20,513			2,643			-2,777
	2019			14,503			1,423			-2,530
	Thereafter			30,600			1,641			-9,055

	Total		$	175,276		$	18,723		$	(25,865)

Future Minimum Base Rental Payments	Future minimum base rental payments, which equal the cash basis of monthly contractual rent, owed to the Company from its customers under the terms of non-cancelable operating leases in effect as of December 31, 2014, excluding rental revenues from the potential renewal or replacement of existing future leases and from tenant reimbursement revenue, were as follows for the next five years and thereafter:



	(in thousands)		Future Minimum Base
	(in thousands)		Rental Payments
	2015		$	235,649
	2016			221,537
	2017			199,166
	2018			169,697
	2019			131,693
	Thereafter			493,720

	Total		$	1,451,462

Summary of Rental Revenue and Depreciation and Amortization Expense	The following table summarizes straight-line rent adjustments, amortization recognized as an increase (decrease) to rental revenues from above-and below-market lease assets and liabilities and real-estate related depreciation and amortization expense:



			For the Year Ended December 31,
	(in thousands)		2014			2013			2012
	Increase (Decrease) to Rental Revenue:
	Straight-line rent adjustments		$	15,537		$	17,634		$	8,129
	Above-market lease amortization			(8,706	)		(7,865	)		(4,758	)
	Below-market lease amortization			5,709			4,339			1,231
	Real Estate-Related Depreciation and Amortization:
	Depreciation expense		$	78,781		$	57,195		$	26,217
	Intangible lease asset amortization			63,013			64,144			34,262

INVESTMENT_IN_UNCONSOLIDATED_J1

INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Tables)	12 Months Ended
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Tables)	Dec. 31, 2014
Equity Method Investments and Joint Ventures [Abstract]
Summary of Unconsolidated Joint Ventures	The following table summarizes the Company’s unconsolidated joint ventures:


							Investment in Unconsolidated
		As of December 31, 2014					Joint Ventures as of
	($ in thousands)	Percent			Number of		December 31,		December 31,
	($ in thousands)	Ownership			Buildings		2014		2013
	Park 355 DC II		75	%		1	$	3,954	$	3,791
	Valley Parkway		50	%		1		4,254		4,275

	Total					2	$	8,208	$	8,066

DEBT_Tables

DEBT (Tables)	12 Months Ended
DEBT (Tables)	Dec. 31, 2014
Debt Disclosure [Abstract]
Summary of Debt	A summary of the Company’s debt is as follows:



			Weighted-Average									Balance as of
			Stated Interest Rate as of									Balance as of
	($ in thousands)		December 31,			December 31,				Maturity Date		December 31,				December 31,
	($ in thousands)		2014			2013				Maturity Date		2014				2013
	Secured line of credit			2.32%			2.32%			Jan-17		$	85,000			$	85,000
	Unsecured line of credit			2.16%			2.16%			Aug-15			258,000				165,000
	Unsecured term loans			2.35%			2.03%			January 2018 - January 2019			500,000				500,000
	Variable-rate mortgage note (1)			2.17%			2.19%			May-15			9,080				9,080
	Fixed-rate mortgage notes (2)			4.25%			4.26%			June 2015 - November 2024			1,126,545				1,117,551

	Total / Weighted-Average			3.40%			3.39%					$	1,978,625			$	1,876,631

	Gross book value of properties encumbered by secured debt											$	2,416,413			$	2,285,998



	-1	The interest rate is based on one-month London Interbank Offered Rate (“LIBOR”), plus 2.00%.


	-2	Interest rates range from 3.30% to 6.24%.
Principal Payments Due on Debt during Each of Next Five Years and Thereafter	As of December 31, 2014, the principal payments due on the Company’s consolidated debt during each of the next five years and thereafter were as follows:



	(in thousands)		Lines of Credit			Term Loans				Mortgage Notes				Total
	2015(1)		$	258,000		$	-			$	53,445			$	311,445
	2016			-			-				20,515				20,515
	2017(1)			85,000			-				62,666				147,666
	2018			-			200,000				167,954				367,954
	2019			-			300,000				71,475				371,475
	Thereafter			-			-				755,069				755,069

	Total principal payments			343,000			500,000				1,131,124				1,974,124
	Unamortized premium on assumed debt			-			-				4,501				4,501

	Total		$	343,000		$	500,000			$	1,135,625			$	1,978,625



	-1	The lines of credit may be extended pursuant to two one-year extension options, subject to certain conditions.
Summary of Location and Fair Value of Cash Flow Hedges	The following table summarizes the location and fair value of the cash flow hedges on the Company’s consolidated balance sheets:



								Fair Value as of
	(in thousands)		Notional			Balance Sheet Location		December 31,				December 31,
	(in thousands)		Amount			Balance Sheet Location		2014				2013
	Interest rate swaps		$	507,560		(Other liabilities) / Other assets			($4,480)				$2,613


Effect of Derivative Instruments	The following table presents the effect of the Company’s cash flow hedges on the Company’s consolidated financial statements:



			For the Year Ended
			December 31,
	(in thousands)		2014			2013				2012
	Interest rate swaps:
	Gain (loss) recognized in AOCI (effective portion)		$	(8,818	)	$	2,757			$	(138	)
	Loss reclassified from AOCI into income (effective portion)			1,725			112				109

	Net other comprehensive gain (loss)		$	(7,093	)	$	2,869			$	(29	)

FAIR_VALUE_Tables

FAIR VALUE (Tables)	12 Months Ended
FAIR VALUE (Tables)	Dec. 31, 2014
Fair Value Disclosures [Abstract]
Financial Instruments Measured at Fair Value on Recurring Basis	The following table presents financial instruments measured at fair value on a recurring basis:


	(in thousands)	Level 1		Level 2		Level 3		Total
	(in thousands)	Level 1		Level 2		Level 3		Fair Value
	December 31, 2014
	Liabilities
	Derivative instruments	$	—	$	4,480	$	—	$	4,480

	Total liabilities measured at fair value	$	—	$	4,480	$	—	$	4,480

	December 31, 2013
	Assets
	Derivative instruments	$	—	$	2,613	$	—	$	2,613

	Total assets measured at fair value	$	—	$	2,613	$	—	$	2,613

Carrying Value and Fair Value of Certain Financial Instruments	The table below includes fair values for certain financial instruments for which it is practicable to estimate fair value. The carrying values and fair values of these financial instruments were as follows:



		December 31, 2014				December 31, 2013
	(in thousands)	Carrying		Fair		Carrying		Fair
	(in thousands)	Value		Value		Value		Value
	Assets
	Notes receivable	$	3,612	$	3,617	$	3,612	$	3,625
	Derivative instruments		-		-		2,613		2,613

	Liabilities
	Lines of credit		343,000		343,000		250,000		250,658
	Unsecured term loans		500,000		500,000		500,000		503,388
	Mortgage notes		1,135,625		1,179,582		1,126,631		1,122,602
	Derivative instruments		4,480		4,480		-		-

INCOME_TAXES_Tables

INCOME TAXES (Tables)	12 Months Ended
INCOME TAXES (Tables)	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Preliminary Taxability of Distributions on Common Shares	The unaudited preliminary taxability of the Company’s 2014, 2013 and 2012 distributions was:



		For the Year Ended December 31,
		2014		2013		2012
	Per common share:
	Ordinary income	$	0.193	$	0.337	$	0.253
	Non-taxable return of capital		0.42		0.173		0.372
	Long-term capital gain		0.012		0.115		-

	Total distribution	$	0.625	$	0.625	$	0.625

STOCKHOLDERS_EQUITY_Tables

STOCKHOLDERS' EQUITY (Tables)	12 Months Ended
STOCKHOLDERS' EQUITY (Tables)	Dec. 31, 2014
Equity [Abstract]
Distributions Table	The distributions are calculated based on common stockholders of record as of the close of business each day in the period.

				Amount
	(in thousands, except per share data)	Payment Date		Declared per				Paid				Reinvested in		Total
	(in thousands, except per share data)	Payment Date		Common Share				in Cash				Shares		Distributions
	2014
	31-Dec	January 7, 2015		$	0.15625			$	16,758			$	16,314		33,072
	30-Sep	October 15, 2014			0.15625				16,621				16,275		32,896
	30-Jun	15-Jul-14			0.15625				16,426				16,294		32,720
	31-Mar	15-Apr-14			0.15625				16,316				16,199		32,515

	Total							$	66,121			$	65,082	$	131,203

	2013
	31-Dec	15-Jan-14		$	0.15625			$	16,199			$	16,102		32,301
	30-Sep	15-Oct-13			0.15625				15,939				15,786		31,725
	30-Jun	15-Jul-13			0.15625				13,457				12,516		25,973
	31-Mar	15-Apr-13			0.15625				11,782				10,323		22,105

	Total							$	57,377			$	54,727	$	112,104

Redemption Discount Table	The discount from the purchase price paid (as increased, if applicable, by the Initial Offering Adjustment) for the redeemed shares will vary based upon the length of time that the shares of common stock have been held, as follows:



	Share Purchase Anniversary	Redemption Price as a
		Percentage of
		Original Purchase Price
		(as increased, if applicable, by the
		Initial Offering Adjustment)
	Less than one year	No redemption allowed
	One year	92.5%
	Two years	95.0%
	Three years	97.5%
	Four years and longer	100.00%
Redemptions Table	The following table summarizes the Company’s redemption activity:



		For the Year Ended
		December 31,
	(in thousands, except per share data)	2014				2013				2012
	Number of eligible shares redeemed		1,811				934				613
	Aggregate amount of shares redeemed	$	18,154			$	9,175			$	5,982
	Average redemption price per share	$	10.02			$	9.82			$	9.78

SHAREBASED_COMPENSATION_Tables

SHARE-BASED COMPENSATION (Tables)	12 Months Ended
SHARE-BASED COMPENSATION (Tables)	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of Restricted Stock Activity	A summary of the Company’s activity with respect to the issuance of restricted stock pursuant to its equity incentive plans is as follows:



	(shares in thousands)		Shares			Weighted-Average
	(shares in thousands)		Shares			Fair Value per Share (1)
	Nonvested shares at December 31, 2012			-		$	-
	Granted			30		$	10.4
	Vested			(7	)	$	10.4
	Forfeited			(1	)	$	10.4

	Nonvested shares at December 31, 2013			22		$	10.4
	Granted			80		$	10.4
	Vested			(31	)	$	10.4
	Forfeited			(3	)	$	10.4

	Nonvested shares at December 31, 2014			68		$	10.4



	-1	Based on the Company’s most recent primary offering price in the follow-on offering of $10.40 per share as of the grant date.
Components of Share-Based Compensation	The following table summarizes other share-based compensation data:



			For the Year Ended December 31,
	(in thousands, except per share data)		2014			2013		2012
	Share-based compensation expense		$	531		$	178	$	-
	Total fair value of restricted stock vested		$	321		$	77	$	-
	Weighted-average grant date fair value of restricted stock granted, per share (1)		$	10.4		$	10.4	$	-


	-1	Based on the Company’s most recent primary offering price in the follow-on offering of $10.40 per share as of the grant date.

RELATED_PARTY_TRANSACTIONS_Tab

RELATED PARTY TRANSACTIONS (Tables)	12 Months Ended
RELATED PARTY TRANSACTIONS (Tables)	Dec. 31, 2014
Related Party Transactions [Abstract]
Summary of Fees and Expenses Incurred by Company	The table below summarizes the fees and expenses incurred by the Company for services provided by the Advisor and the Dealer Manager related to the services described above, and any related amounts payable:



			Incurred						Payable as of
			For the Year Ended						December 31,
			December 31,
	(in thousands)		2014		2013		2012		2014		2013
	Expensed:
	Acquisition fees (1)		$	3,432	$	11,477	$	12,715	$	-	$	-
	Asset management fees (2)			29,548		23,063		11,918		23		13
	Other expense reimbursements			722		896		1,109		34		73

	Total		$	33,702	$	35,436	$	25,742	$	57	$	86

	Additional Paid-In Capital:
	Sales commissions		$	-	$	49,243	$	44,532	$	-	$	-
	Dealer manager fees			-		18,294		17,808		-		-
	Offering expenses			1,027		13,101		12,791		84		139

	Total		$	1,027	$	80,638	$	75,131	$	84	$	139



	-1	In addition, for the year ended December 31, 2014, the Company paid to the Advisor approximately $3.4 million of development acquisition fees, which are included in the total development project costs of the respective properties, and are capitalized in net investment in real properties on the Company’s consolidated balance sheets.


	-2	In addition, for the year ended December 31, 2014, the Company paid to the Advisor approximately $2.6 million of asset management fees in connection with dispositions, which are included in the gain on disposition of real estate properties on the Company’s consolidated statements of operations.

SELECTED_QUARTERLY_FINANCIAL_D1

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)	12 Months Ended
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)	Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]
Selected Quarterly Financial Data	Selected quarterly financial data is as follows:



		For the Quarter Ended
	(in thousands, except per share data)	March 31			June 30			September 30			December 31
	2014
	Total revenues	$	81,537		$	76,866		$	76,530		$	77,524
	Total operating expenses	$	(70,534	)	$	(65,394	)	$	(64,377	)	$	(64,740	)
	Total other (expenses) income	$	(15,818	)	$	8,949		$	(15,328	)	$	(16,276	)
	Net (loss) income	$	(4,815	)	$	20,421		$	(3,175	)	$	(3,492	)
	Net (loss) income attributable to common stockholders	$	(4,815	)	$	20,421		$	(3,175	)	$	(3,492	)
	Net (loss) income per common share—basic and diluted	$	(0.02	)	$	0.1		$	(0.02	)	$	(0.02	)
	Weighted-average shares outstanding		208,135			209,419			210,542			211,692

	2013
	Total revenues	$	51,254		$	55,302		$	65,098		$	78,198
	Total operating expenses	$	(49,287	)	$	(57,904	)	$	(65,580	)	$	(66,923	)
	Total other (expenses) income	$	(12,884	)	$	(11,610	)	$	14,629		$	(15,433	)
	Net (loss) income	$	(10,917	)	$	(14,212	)	$	14,147		$	(4,158	)
	Net (loss) income attributable to common stockholders	$	(10,917	)	$	(14,212	)	$	14,147		$	(4,158	)
	Net (loss) income per common share—basic and diluted	$	(0.08	)	$	(0.09	)	$	0.07		$	(0.02	)
	Weighted-average shares outstanding		141,484			166,255			203,024			206,753

SCHEDULE_IIIREAL_ESTATE_AND_AC1

SCHEDULE III-REAL ESTATE AND ACCUMULATED DEPRECIATION (Tables)	12 Months Ended
	Dec. 31, 2014
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]
Summary of Activity for Investment in Real Estate Properties	-4	A summary of activity for investment in real estate properties is as follows:



	(in thousands)		2014			2013
	Investment in real estate properties:
	Balance at beginning of period		$	3,674,871		$	2,199,722
	Acquisition of properties			145,770			1,427,812
	Improvements, including development properties			124,485			47,337
	Disposition of properties			(115,708	)		-

	Balance at end of period		$	3,829,418		$	3,674,871

	Accumulated depreciation:
	Balance at beginning of period		$	(212,922	)	$	(91,302	)
	Additions charged to costs and expenses			(150,500	)		(121,620	)
	Disposition of properties charged to costs and expenses			15,978			-

	Balance at end of period		$	(347,444	)	$	(212,922	)

Description_of_Business_Additi

Description of Business - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
	Segment	Building
		sqft
Nature Of Business [Line Items]
Number of reportable segments	1
Consolidated Properties [Member]
Nature Of Business [Line Items]
Real estate properties owned, buildings	283	296
Square feet of industrial buildings	57,600,000	57,200,000

Recovered_Sheet1

Summary of Significant Accounting Policies - Real Estate Asset, Useful life (Detail)	12 Months Ended
	Dec. 31, 2014
Lease Commissions [Member]
Real Estate Properties [Line Items]
Real estate properties, amortization term	Over lease term
Intangible Lease Assets [Member]
Real Estate Properties [Line Items]
Real estate properties, amortization term	Over lease term
Above-Market Lease Assets [Member]
Real Estate Properties [Line Items]
Real estate properties, amortization term	Over lease term
Below-Market Lease Liabilities [Member]
Real Estate Properties [Line Items]
Real estate properties, amortization term	Over lease term, including below-market fixed-rate renewal options
Land [Member]
Real Estate Properties [Line Items]
Real estate properties, depreciation term	Not depreciated
Building [Member] \| Minimum [Member]
Real Estate Properties [Line Items]
Real estate properties, estimated useful life	20 years
Building [Member] \| Maximum [Member]
Real Estate Properties [Line Items]
Real estate properties, estimated useful life	40 years
Building and Land Improvements [Member] \| Minimum [Member]
Real Estate Properties [Line Items]
Real estate properties, estimated useful life	5 years
Building and Land Improvements [Member] \| Maximum [Member]
Real Estate Properties [Line Items]
Real estate properties, estimated useful life	20 years
Tenant Improvements [Member]
Real Estate Properties [Line Items]
Real estate properties, depreciation term	Lesser of useful life or lease term

Recovered_Sheet2

Summary of Significant Accounting Policies - Additional Information (Detail) (USD $)	12 Months Ended
In Millions, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Summary Of Significant Accounting Policies [Line Items]
Accumulated amortization of deferred financing costs	$6.50	$3.50
Amortization of financing costs	3	2.5	1.6
Allowance for doubtful accounts	1.2	1.2
Tenant reimbursements	68.6	50.9	24.1
Dilutive shares	0	0	0
Investment in Real Estate Properties [Member]
Summary Of Significant Accounting Policies [Line Items]
Impairment charges related to property assets	0	0	0
Investment in Unconsolidated Joint Venture [Member]
Summary Of Significant Accounting Policies [Line Items]
Impairment charges related to property assets	$0	$0	$0

Acquisitions_Additional_Inform

Acquisitions - Additional Information (Detail) (USD $)	12 Months Ended
Acquisitions - Additional Information (Detail) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Sep. 17, 2013	Aug. 11, 2011
Business Combination, Transactions [Line Items]
Business combination, purchase price allocated to land	$49,100,000	$251,310,000
Business combination, purchase price allocated to building	96,700,000	588,355,000
Ownership interest of acquired properties		100.00%
Gain on acquisition of joint venture	0	26,481,000	0
Incentive fee from acquisition of joint venture	0	1,985,000	0
Building [Member]
Business Combination, Transactions [Line Items]
Number of buildings acquired	6
Total area acquired	2,200,000
Total purchase price	145,800,000
Construction [Member]
Business Combination, Transactions [Line Items]
Net rentable area	1,000,000
Total cost of construction	124,500,000
Fund I Partnership [Member]
Business Combination, Transactions [Line Items]
Business combination, purchase price allocated to land	151,263,000
Business combination, purchase price allocated to building	334,564,000
Ownership percentage of Fund I Partnership joint venture, prior to acquisition					51.00%
Remaining ownership percentage of Fund I Partnership joint venture acquired				49.00%
Ownership percentage of Fund I Partnership, as of acquisition date				100.00%
Fund I Partnership transaction, net real estate assets acquired	510,550,000
Fund I Partnership transaction, other assets acquired	7,100,000
Fund I Partnership transaction, debt assumed	241,300,000
Fund I Partnership transaction, other liabilities assumed	12,300,000
Fair value of equity interest in Fund I Partnership immediately before the acquisition date	136,200,000
Gain on acquisition of joint venture	26,500,000
Incentive fee from acquisition of joint venture	$2,000,000

Acquisitions_Summary_of_Busine

Acquisitions - Summary of Business Acquisitions (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2014
	Building	Dec. 31, 2014
Business Acquisition [Line Items]
Number of Buildings	75
Land	$251,310	$49,100
Building	588,355	96,700
Below market lease liabilities	-17,482
Total Purchase Price	917,262
York Distribution Center II [Member]
Business Acquisition [Line Items]
Acquisition Date	27-Mar-13
Number of Buildings	1
Land	6,697
Building	24,819
Below market lease liabilities	-3,455
Total Purchase Price	32,071
Marina West Distribution Center II [Member]
Business Acquisition [Line Items]
Acquisition Date	2-Apr-13
Number of Buildings	3
Land	10,874
Building	24,308
Below market lease liabilities	-11
Total Purchase Price	39,400
Beltway Crossing Distribution Center [Member]
Business Acquisition [Line Items]
Acquisition Date	9-Apr-13
Number of Buildings	4
Land	6,760
Building	29,483
Below market lease liabilities	-434
Total Purchase Price	37,989
Broadway 101 Commerce Center [Member]
Business Acquisition [Line Items]
Acquisition Date	15-May-13
Number of Buildings	11
Land	17,190
Building	49,881
Below market lease liabilities	-420
Total Purchase Price	77,002
Buckeye Distribution Center [Member]
Business Acquisition [Line Items]
Acquisition Date	7-Jun-13
Number of Buildings	2
Land	7,096
Building	35,775
Below market lease liabilities	-1,953
Total Purchase Price	44,277
Carlisle Distribution Center [Member]
Business Acquisition [Line Items]
Acquisition Date	26-Jun-13
Number of Buildings	2
Land	8,307
Building	28,418
Total Purchase Price	40,700
Nashville Portfolio [Member]
Business Acquisition [Line Items]
Acquisition Date	28-Jun-13
Number of Buildings	3
Land	4,689
Building	37,403
Below market lease liabilities	-458
Total Purchase Price	49,050
Eastern Logistics Portfolio [Member]
Business Acquisition [Line Items]
Acquisition Date	1-Aug-13
Number of Buildings	3
Land	8,570
Building	32,607
Below market lease liabilities	-459
Total Purchase Price	45,386
Beckwith Farms Distribution Center I [Member]
Business Acquisition [Line Items]
Acquisition Date	15-Aug-13
Number of Buildings	1
Land	2,985
Building	29,004
Total Purchase Price	32,654
Fairfield Portfolio [Member]
Business Acquisition [Line Items]
Acquisition Date	27-Aug-13
Number of Buildings	7
Land	28,407
Building	43,479
Total Purchase Price	80,273
South Bay Distribution Center [Member]
Business Acquisition [Line Items]
Acquisition Date	29-Aug-13
Number of Buildings	1
Land	16,574
Building	17,034
Total Purchase Price	33,608
Denver Distribution Center [Member]
Business Acquisition [Line Items]
Acquisition Date	13-Sep-13
Number of Buildings	1
Land	4,355
Building	36,465
Below market lease liabilities	-1,713
Total Purchase Price	45,894
Other Acquisitions [Member]
Business Acquisition [Line Items]
Number of Buildings	36
Land	128,806
Building	199,679
Below market lease liabilities	-8,579
Total Purchase Price	358,958
Intangible Lease Assets [Member]
Business Acquisition [Line Items]
Intangibles	83,969
Intangible Lease Assets [Member] \| York Distribution Center II [Member]
Business Acquisition [Line Items]
Intangibles	4,010
Intangible Lease Assets [Member] \| Marina West Distribution Center II [Member]
Business Acquisition [Line Items]
Intangibles	3,491
Intangible Lease Assets [Member] \| Beltway Crossing Distribution Center [Member]
Business Acquisition [Line Items]
Intangibles	2,180
Intangible Lease Assets [Member] \| Broadway 101 Commerce Center [Member]
Business Acquisition [Line Items]
Intangibles	7,771
Intangible Lease Assets [Member] \| Buckeye Distribution Center [Member]
Business Acquisition [Line Items]
Intangibles	3,203
Intangible Lease Assets [Member] \| Carlisle Distribution Center [Member]
Business Acquisition [Line Items]
Intangibles	3,975
Intangible Lease Assets [Member] \| Nashville Portfolio [Member]
Business Acquisition [Line Items]
Intangibles	5,725
Intangible Lease Assets [Member] \| Eastern Logistics Portfolio [Member]
Business Acquisition [Line Items]
Intangibles	4,406
Intangible Lease Assets [Member] \| Beckwith Farms Distribution Center I [Member]
Business Acquisition [Line Items]
Intangibles	665
Intangible Lease Assets [Member] \| Fairfield Portfolio [Member]
Business Acquisition [Line Items]
Intangibles	5,974
Intangible Lease Assets [Member] \| Denver Distribution Center [Member]
Business Acquisition [Line Items]
Intangibles	6,787
Intangible Lease Assets [Member] \| Other Acquisitions [Member]
Business Acquisition [Line Items]
Intangibles	35,782
Above-Market Lease Assets [Member]
Business Acquisition [Line Items]
Intangibles	11,110
Above-Market Lease Assets [Member] \| Marina West Distribution Center II [Member]
Business Acquisition [Line Items]
Intangibles	738
Above-Market Lease Assets [Member] \| Broadway 101 Commerce Center [Member]
Business Acquisition [Line Items]
Intangibles	2,580
Above-Market Lease Assets [Member] \| Buckeye Distribution Center [Member]
Business Acquisition [Line Items]
Intangibles	156
Above-Market Lease Assets [Member] \| Nashville Portfolio [Member]
Business Acquisition [Line Items]
Intangibles	1,691
Above-Market Lease Assets [Member] \| Eastern Logistics Portfolio [Member]
Business Acquisition [Line Items]
Intangibles	262
Above-Market Lease Assets [Member] \| Fairfield Portfolio [Member]
Business Acquisition [Line Items]
Intangibles	2,413
Above-Market Lease Assets [Member] \| Other Acquisitions [Member]
Business Acquisition [Line Items]
Intangibles	$3,270

Acquisitions_Summary_of_Busine1

Acquisitions - Summary of Business Acquisitions - Fund I Partnership (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2014
	Building	Building
Business Acquisition [Line Items]
Number of Buildings	75
Land	$251,310	$49,100
Building	588,355	96,700
Below market lease liabilities	-17,482
Fund I Partnership [Member]
Business Acquisition [Line Items]
Acquisition Date		17-Sep-13
Number of Buildings		31
Land		151,263
Building		334,564
Below market lease liabilities		-5,808
Total Net Real Estate Assets		510,550
Intangible Lease Assets [Member]
Business Acquisition [Line Items]
Intangibles	83,969
Intangible Lease Assets [Member] \| Fund I Partnership [Member]
Business Acquisition [Line Items]
Intangibles		27,096
Above-Market Lease Assets [Member]
Business Acquisition [Line Items]
Intangibles	11,110
Above-Market Lease Assets [Member] \| Fund I Partnership [Member]
Business Acquisition [Line Items]
Intangibles		$3,435

Acquisitions_Summary_of_Busine2

Acquisitions - Summary of Business Acquisitions - Fund I Partnership (Parenthetical) (Detail) (Fund I Partnership [Member])	12 Months Ended
	Dec. 31, 2014
Fund I Partnership [Member]
Business Acquisition [Line Items]
Weighted average amortization period	5 years 3 months 18 days

Acquisitions_Pro_Forma_Financi

Acquisitions - Pro Forma Financial Information (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Actual:
Total revenues		$31,838
Net loss		-1,263
Pro forma:
Total revenues	0	291,406
Net loss	$0	($15,361)

Acquisitions_Pro_Forma_Financi1

Acquisitions - Pro Forma Financial Information (Parenthetical) (Detail) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Business Combinations [Abstract]
Pro forma incremental revenue		$41,600,000
Pro forma total revenues	0	291,406,000
Pro forma total net loss	0	-15,361,000
Acquisition-related expenses excluded from pro forma net income (loss)		24,400,000
Acquisition-related gain excluded from pro forma net income (loss)		$26,500,000

Dispositions_Additional_Inform

Dispositions - Additional Information (Detail) (USD $)	1 Months Ended
In Millions, unless otherwise specified	Apr. 30, 2014
	sqft
	Building
Real Estate Properties [Line Items]
Number of industrial buildings sold	20
Square feet of industrial buildings sold	2,800,000
Net proceeds from sale of industrial buildings to third-parties	$125.30
Atlanta [Member]
Real Estate Properties [Line Items]
Number of industrial buildings sold	1
Square feet of industrial buildings sold	1,300,000
Dallas [Member]
Real Estate Properties [Line Items]
Number of industrial buildings sold	5
Square feet of industrial buildings sold	900,000
Portland [Member]
Real Estate Properties [Line Items]
Number of industrial buildings sold	13
Square feet of industrial buildings sold	500,000
Tampa [Member]
Real Estate Properties [Line Items]
Number of industrial buildings sold	1
Square feet of industrial buildings sold	100,000

Recovered_Sheet3

Investment in Real Estate Properties - Additional Information (Detail) (Consolidated Properties [Member])	Dec. 31, 2014	Dec. 31, 2013
	sqft	Building
	Building	sqft
Consolidated Properties [Member]
Real Estate Properties [Line Items]
Number of buildings owned	283	296
Square feet of industrial buildings	57,600,000	57,200,000

Recovered_Sheet4

Investment in Real Estate Properties - Investment in Properties (Detail) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Schedule of Investments [Abstract]
Land	$909,488	$874,779
Building and improvements	2,509,459	2,430,999
Intangible lease assets	380,513	390,809
Under construction and other	67,135	15,905
Investment in real estate properties	3,866,595	3,712,492
Less accumulated depreciation and amortization	-347,444	-212,922
Net investment in real estate properties	$3,519,151	$3,499,570

Investment_in_Real_Estate_Prop2

Investment in Real Estate Properties - Investment in Properties (Parenthetical) (Detail)	Dec. 31, 2014
	sqft
	Building
Under Construction [Member]
Real Estate Properties [Line Items]
Number of buildings	6
Square feet of buildings	600,000
Pre Construction Phase [Member]
Real Estate Properties [Line Items]
Number of buildings	2
Square feet of buildings	600,000

Investment_in_Real_Estate_Prop3

Investment in Real Estate Properties - Summary of Intangible Lease Assets and Liabilities (Detail) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Finite-Lived Intangible Assets And Liabilities [Line Items]
Gross	($37,200)
Intangible Lease Assets [Member]
Finite-Lived Intangible Assets And Liabilities [Line Items]
Gross	340,151	347,186
Accumulated Amortization	-164,875	-106,872
Net	175,276	240,314
Above-Market Lease Assets [Member]
Finite-Lived Intangible Assets And Liabilities [Line Items]
Gross	40,362	43,623
Accumulated Amortization	-21,639	-14,453
Net	18,723	29,170
Below-Market Lease Liabilities [Member]
Finite-Lived Intangible Assets And Liabilities [Line Items]
Gross	-37,177	-37,621
Accumulated Amortization	11,312	5,763
Net	($25,865)	($31,858)

Investment_in_Real_Estate_Prop4

Investment in Real Estate Properties - Estimated Net Amortization of Intangible Lease Assets and Liabilities (Detail) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Intangible Lease Assets [Member]
Finite Lived Intangible Assets And Liabilities Future Amortization Expense [Line Items]
2015	$47,791
2016	34,986
2017	26,883
2018	20,513
2019	14,503
Thereafter	30,600
Net	175,276
Above-Market Lease Assets [Member]
Finite Lived Intangible Assets And Liabilities Future Amortization Expense [Line Items]
2015	5,611
2016	4,085
2017	3,320
2018	2,643
2019	1,423
Thereafter	1,641
Net	18,723	29,170
Below-Market Lease Liabilities [Member]
Finite Lived Intangible Assets And Liabilities Future Amortization Expense [Line Items]
2015	-4,711
2016	-3,732
2017	-3,060
2018	-2,777
2019	-2,530
Thereafter	-9,055
Net	($25,865)	($31,858)

Investment_in_Real_Estate_Prop5

Investment in Real Estate Properties - Future Minimum Base Rental Payments (Detail) (USD $)	Dec. 31, 2014
In Thousands, unless otherwise specified	Dec. 31, 2014
Operating Leases, Future Minimum Payments Receivable [Abstract]
2015	$235,649
2016	221,537
2017	199,166
2018	169,697
2019	131,693
Thereafter	493,720
Total	$1,451,462

Investment_in_Real_Estate_Prop6

Investment in Real Estate Properties - Summary of Rental Revenue and Depreciation and Amortization Expense (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Increase (Decrease) to Rental Revenue:
Straight-line rent adjustments	$15,537	$17,634	$8,129
Above-market lease amortization	-8,706	-7,865	-4,758
Below-market lease amortization	5,709	4,339	1,231
Real Estate-Related Depreciation and Amortization:
Depreciation expense	78,781	57,195	26,217
Intangible lease asset amortization	$63,013	$64,144	$34,262

Recovered_Sheet5

Investment in Unconsolidated Joint Ventures - Summary of Unconsolidated Joint Ventures (Detail) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Building	Dec. 31, 2013
Investments in and Advances to Affiliates [Line Items]
Number of buildings	2
Investment in unconsolidated joint ventures	$8,208	$8,066
Park 355 DC II [Member]
Investments in and Advances to Affiliates [Line Items]
Number of buildings	1
Investment in unconsolidated joint ventures	3,954	3,791
Ownership percentage	75.00%
Valley Parkway [Member]
Investments in and Advances to Affiliates [Line Items]
Number of buildings	1
Investment in unconsolidated joint ventures	$4,254	$4,275
Ownership percentage	50.00%

Debt_Summary_of_Debt_Detail

Debt - Summary of Debt (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Debt Instrument [Line Items]
Weighted-average stated interest rate	3.40%	3.39%
Amount outstanding	$1,978,625	$1,876,631
Gross book value of properties encumbered by debt	2,416,413	2,285,998
Secured Line of Credit [Member]
Debt Instrument [Line Items]
Weighted-average stated interest rate	2.32%	2.32%
Maturity date	1-Jan-17
Amount outstanding	85,000	85,000
Unsecured Line of Credit [Member]
Debt Instrument [Line Items]
Weighted-average stated interest rate	2.16%	2.16%
Maturity date	1-Aug-15
Amount outstanding	258,000	165,000
Unsecured Term Loans [Member]
Debt Instrument [Line Items]
Weighted-average stated interest rate	2.35%	2.03%
Maturity Date of Debt, Earliest	1-Jan-18
Maturity Date of Debt, Latest	1-Jan-19
Amount outstanding	500,000	500,000
Variable-Rate Mortgage Note [Member]
Debt Instrument [Line Items]
Weighted-average stated interest rate	2.17%	2.19%
Maturity date	1-May-15
Amount outstanding	9,080	9,080
Fixed-Rate Mortgage Notes [Member]
Debt Instrument [Line Items]
Weighted-average stated interest rate	4.25%	4.26%
Maturity Date of Debt, Earliest	1-Jun-15
Maturity Date of Debt, Latest	1-Nov-24
Amount outstanding	$1,126,545	$1,117,551

Debt_Summary_of_Debt_Parenthet

Debt - Summary of Debt (Parenthetical) (Detail)	12 Months Ended
Debt - Summary of Debt (Parenthetical) (Detail)	Dec. 31, 2014
Fixed-Rate Mortgage Notes [Member]
Debt Instrument [Line Items]
Interest rate range, minimum	3.30%
Interest rate range, maximum	6.24%
Variable-Rate Mortgage Note [Member]
Debt Instrument [Line Items]
Interest rate spread based on LIBOR	2.00%

Debt_Additional_Information_De

Debt - Additional Information (Detail) (USD $)	12 Months Ended				1 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2015	Jan. 31, 2015	Oct. 31, 2013	Mar. 31, 2013
	Contract	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2015	Jan. 31, 2015	Oct. 31, 2013	Mar. 31, 2013
Debt Instrument [Line Items]
Interest cost capitalized	$4,200,000	$1,400,000
Unsecured term loan	200,000,000
Line of credit facility, interest rate during period	67.00%
Number of interest rate swap contracts outstanding	7
Hedge ineffectiveness	0	0	0
Scenario Forecast [Member]
Debt Instrument [Line Items]
Hedge ineffectiveness				0
Interest Rate Swaps [Member]
Debt Instrument [Line Items]
Notional amount of interest rate swap agreements	507,560,000
Subsequent Event [Member]
Debt Instrument [Line Items]
Unsecured term loan					300,000,000
Subsequent Event [Member] \| Interest Rate Swaps [Member]
Debt Instrument [Line Items]
Line of credit facility, interest rate during period					82.20%
Unsecured Term Loan, January 2018 [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	400,000,000
Maturity date	1-Jan-18
Amount outstanding	200,000,000
Amount of term loan	200,000,000
Term loan agreement date	12-Dec-12
Unsecured Term Loan, January 2018 [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Interest rate spread based on LIBOR	1.70%
Unsecured Term Loan, January 2018 [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Interest rate spread based on LIBOR	2.45%
Interest Rate Swap Agreement [Member]
Debt Instrument [Line Items]
Notional amount of interest rate swap agreements						300,000,000	200,000,000
Effective date of interest rate swap						20-Jan-15	14-Jan-14
Interest rate fixed through swap						1.81%	0.98%
All-in interest rate, minimum						3.31%	2.68%
All-in interest rate, maximum						4.16%	3.43%
Expiration of interest rate swap						20-Oct-18	14-Oct-17
Interest rate swap agreement date						1-Oct-13	1-Mar-13
Unsecured Term Loan, January 2019 [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	500,000,000
Maturity date	1-Jan-19
Amount outstanding	300,000,000
Amount of term loan	300,000,000
Term loan agreement date	18-Sep-13
Unsecured Term Loan, January 2019 [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Interest rate spread based on LIBOR	1.50%
Unsecured Term Loan, January 2019 [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Interest rate spread based on LIBOR	2.35%
Unsecured Line of Credit, August 2015 [Member]
Debt Instrument [Line Items]
Line of credit facility agreement date	15-Aug-12
Initial borrowing capacity amount	300,000,000
Current borrowing capacity amount	500,000,000
Maximum borrowing capacity	600,000,000
Maturity date	1-Aug-15
Amount outstanding	258,000,000
Unused portion of line of credit	242,000,000
Amount available under line of credit	46,800,000
Unsecured Line of Credit, August 2015 [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Interest rate spread based on LIBOR	1.75%
Unsecured Line of Credit, August 2015 [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Interest rate spread based on LIBOR	2.50%
Secured Line of Credit, January 2017 [Member]
Debt Instrument [Line Items]
Line of credit facility agreement date	30-Sep-13
Current borrowing capacity amount	140,000,000
Maximum borrowing capacity	300,000,000
Maturity date	1-Jan-17
Amount outstanding	85,000,000
Unused portion of line of credit	$55,000,000
Secured Line of Credit, January 2017 [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Interest rate spread based on LIBOR	1.80%
Secured Line of Credit, January 2017 [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Interest rate spread based on LIBOR	2.65%

Debt_Principal_Payments_Due_on

Debt - Principal Payments Due on Consolidated Debt during Each of Next Five Years and Thereafter (Detail) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Debt Instrument [Line Items]
2015	$311,445
2016	20,515
2017	147,666
2018	367,954
2019	371,475
Thereafter	755,069
Total principal payments	1,974,124
Unamortized premium on assumed debt	4,501
Total	1,978,625	1,876,631
Lines of Credit [Member]
Debt Instrument [Line Items]
2015	258,000
2016	0
2017	85,000
2018	0
2019	0
Thereafter	0
Total principal payments	343,000
Unamortized premium on assumed debt	0
Total	343,000
Unsecured Term Loans [Member]
Debt Instrument [Line Items]
2015	0
2016	0
2017	0
2018	200,000
2019	300,000
Thereafter	0
Total principal payments	500,000
Unamortized premium on assumed debt	0
Total	500,000	500,000
Mortgage Notes [Member]
Debt Instrument [Line Items]
2015	53,445
2016	20,515
2017	62,666
2018	167,954
2019	71,475
Thereafter	755,069
Total principal payments	1,131,124
Unamortized premium on assumed debt	4,501
Total	$1,135,625

Debt_Summary_of_Location_and_F

Debt - Summary of Location and Fair Value of Cash Flow Hedges (Detail) (Interest Rate Swaps [Member], USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Derivatives, Fair Value [Line Items]
Notional amount of interest rate swap	$507,560
Other Assets / Other Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative, Fair Value	($4,480)	$2,613

Debt_Effect_of_Derivative_Inst

Debt - Effect of Derivative Instruments (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Derivative Instruments, Gain (Loss) [Line Items]
Net other comprehensive gain (loss)	($7,093)	$2,869	($29)
Interest Rate Swaps [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in AOCI (effective portion)	-8,818	2,757	-138
Loss reclassified from AOCI into income (effective portion)	1,725	112	109
Net other comprehensive gain (loss)	($7,093)	$2,869	($29)

Fair_Value_Financial_Instrumen

Fair Value - Financial Instruments Measured at Fair Value on Recurring Basis (Detail) (Recurring [Member], USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Liabilities
Derivative instruments	$4,480
Total liabilities measured at fair value	4,480
Assets
Derivative instruments		2,613
Total assets measured at fair value		2,613
Level 1 [Member]
Liabilities
Derivative instruments	0
Total liabilities measured at fair value	0
Assets
Derivative instruments		0
Total assets measured at fair value		0
Level 2 [Member]
Liabilities
Derivative instruments	4,480
Total liabilities measured at fair value	4,480
Assets
Derivative instruments		2,613
Total assets measured at fair value		2,613
Level 3 [Member]
Liabilities
Derivative instruments	0
Total liabilities measured at fair value	0
Assets
Derivative instruments		0
Total assets measured at fair value		$0

Fair_Value_Additional_Informat

Fair Value - Additional Information (Detail) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Fair Value Disclosures [Abstract]
Financial instruments transferred among fair value hierarchy levels	$0	$0

Fair_Value_Carrying_Value_and_

Fair Value - Carrying Value and Fair Value of Certain Financial Instruments (Detail) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Assets
Notes receivable	$3,612	$3,612
Carrying Value [Member]
Assets
Notes receivable	3,612	3,612
Derivative instruments	0	2,613
Liabilities
Lines of credit	343,000	250,000
Unsecured term loans	500,000	500,000
Mortgage notes	1,135,625	1,126,631
Derivative instruments	4,480	0
Fair Value [Member]
Assets
Notes receivable	3,617	3,625
Derivative instruments	0	2,613
Liabilities
Lines of credit	343,000	250,658
Unsecured term loans	500,000	503,388
Mortgage notes	1,179,582	1,122,602
Derivative instruments	$4,480	$0

Income_Taxes_Additional_Inform

Income Taxes - Additional Information (Detail) (USD $)	12 Months Ended
Income Taxes - Additional Information (Detail) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Income Tax Disclosure [Abstract]
Impact related to uncertain tax positions	$0	$0	$0
Earliest tax year subject to examination	2011

Income_Taxes_Preliminary_Taxab

Income Taxes - Preliminary Taxability of Distributions on Common Shares (Detail) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Income Tax Disclosure [Abstract]
Ordinary income	$0.19	$0.34	$0.25
Non-taxable return of capital	$0.42	$0.17	$0.37
Long-term capital gain	$0.01	$0.12
Total distribution	$0.63	$0.63	$0.63

Stockholders_Equity_Additional

Stockholders Equity - Additional Information (Detail) (USD $)	0 Months Ended	12 Months Ended	1 Months Ended	0 Months Ended
Share data in Thousands, except Per Share data, unless otherwise specified	Feb. 29, 2012	Dec. 31, 2014	Jan. 22, 2015	31-May-09	Apr. 17, 2012	Jan. 22, 2015	Dec. 31, 2013
Stockholders' Equity Detail [Line Items]
Offering price of common stock per share		$10.40
Total gross proceeds raised in offerings		$2,200,000,000
Total shares of common stock sold in offerings		211,573					206,743
Gross proceeds raised from sale of common stock through distribution reinvestment plan		144,400,000
Dollar value of shares registered in public offering, distribution reinvestment plan		600,000,000
Offering price per share, distribution reinvestment plan		$9.88
Dollar value of shares remaining in public offering, distribution reinvestment plan		551,200,000
Third amended and restated share redemption program, effective date	1-Jun-12
Holding period requirement for shares of common stock		1 year
Percentage increase in original purchase price paid for shares		4.00%
Maximum percentage of number of shares to be redeemed during any consecutive 12 months period		5.00%
Subsequent Event [Member]
Stockholders' Equity Detail [Line Items]
Distributions reinvested plan percentage of share price			95.00%
Distribution Reinvestment Plan [Member]
Stockholders' Equity Detail [Line Items]
Total shares of common stock sold in offerings		14,700
Initial Public Offering [Member]
Stockholders' Equity Detail [Line Items]
Maximum dollar value of common stock offered pursuant to public offering				2,000,000,000
Effective date of registration statement				18-Dec-09
Dollar value of shares offered pursuant to public offering, primary				1,500,000,000
Offering price of common stock per share				$10
Dollar value of shares offered pursuant to public offering, DRIP				500,000,000
Distribution reinvestment plan price per share				$9.50
Closing date of registration statement				16-Apr-12
Follow-On Public Offering [Member]
Stockholders' Equity Detail [Line Items]
Maximum dollar value of common stock offered pursuant to public offering					2,400,000,000
Effective date of registration statement					17-Apr-12
Dollar value of shares offered pursuant to public offering, primary					1,800,000,000
Offering price of common stock per share	10.4				$10.40
Dollar value of shares offered pursuant to public offering, DRIP					$600,000,000
Distribution reinvestment plan price per share					$9.88
Follow-On Public Offering [Member] \| Subsequent Event [Member]
Stockholders' Equity Detail [Line Items]
Distributions reinvested plan percentage of share price						95.00%

Stockholders_Equity_Distributi

Stockholders Equity - Distributions Table (Detail) (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Schedule of Stockholders' Equity [Line Items]
Declared per Common Share	$0.63	$0.63	$0.63
Paid in Cash	$66,121	$57,377
Reinvested in Shares	65,082	54,727
Total Distributions	131,203	112,104	63,826
December 31, 2014 [Member]
Schedule of Stockholders' Equity [Line Items]
Payment Date	7-Jan-15
Declared per Common Share	$0.16
Paid in Cash	16,758	16,199
Reinvested in Shares	16,314	16,102
Total Distributions	33,072	32,301
September 30, 2014 [Member]
Schedule of Stockholders' Equity [Line Items]
Payment Date	15-Oct-14
Declared per Common Share	$0.16
Paid in Cash	16,621
Reinvested in Shares	16,275
Total Distributions	32,896
June 30, 2014 [Member]
Schedule of Stockholders' Equity [Line Items]
Payment Date	15-Jul-14
Declared per Common Share	$0.16
Paid in Cash	16,426
Reinvested in Shares	16,294
Total Distributions	32,720
March 31, 2014 [Member]
Schedule of Stockholders' Equity [Line Items]
Payment Date	15-Apr-14
Declared per Common Share	$0.16
Paid in Cash	16,316
Reinvested in Shares	16,199
Total Distributions	32,515
December 31, 2013 [Member]
Schedule of Stockholders' Equity [Line Items]
Payment Date		15-Jan-14
Declared per Common Share		$0.16
September 30, 2013 [Member]
Schedule of Stockholders' Equity [Line Items]
Payment Date		15-Oct-13
Declared per Common Share		$0.16
Paid in Cash		15,939
Reinvested in Shares		15,786
Total Distributions		31,725
June 30, 2013 [Member]
Schedule of Stockholders' Equity [Line Items]
Payment Date		15-Jul-13
Declared per Common Share		$0.16
Paid in Cash		13,457
Reinvested in Shares		12,516
Total Distributions		25,973
March 31, 2013 [Member]
Schedule of Stockholders' Equity [Line Items]
Payment Date		15-Apr-13
Declared per Common Share		$0.16
Paid in Cash		11,782
Reinvested in Shares		10,323
Total Distributions		$22,105

Stockholders_Equity_Redemption

Stockholders Equity - Redemption Discount Table (Detail)	Dec. 31, 2014
Stockholders' Equity Attributable to Parent [Abstract]
Redemption price as percentage of original purchase price, share purchase anniversary, less than one year
Redemption price as percentage of original purchase price, share purchase anniversary, one year	92.50%
Redemption price as percentage of original purchase price, share purchase anniversary, two years	95.00%
Redemption price as percentage of original purchase price, share purchase anniversary, three years	97.50%
Redemption price as percentage of original purchase price, share purchase anniversary, four years and longer	100.00%

Stockholders_Equity_Redemption1

Stockholders Equity - Redemptions Table (Detail) (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Stockholders' Equity Attributable to Parent [Abstract]
Number of eligible shares redeemed	1,811	934	613
Aggregate amount of shares redeemed	$18,154	$9,175	$5,982
Average redemption price per share	$10.02	$9.82	$9.78

ShareBased_Compensation_Additi

Share-Based Compensation - Additional Information (Detail) (USD $)	12 Months Ended
In Millions, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Private Placement Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares future issuance under private placement plan	2,000,000
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost related to restricted stock	0.4
Weighted-average years to recognize compensation expense	10 months 24 days
Equity Incentive Plans [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of common stock shares registered for issuance pursuant to Equity Incentive Plan	2,000,000
Effective date of the company's equity incentive plan	18-Jan-13
Equity Incentive Plans [Member] \| Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares of restricted stock granted to certain eligible individuals under the amended and restated equity incentive plan	80,000	30,000
Vesting period	3 years
Equity Incentive Plans [Member] \| Restricted Stock [Member] \| Private Placement Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares of restricted stock granted to certain eligible individuals under the amended and restated equity incentive plan	80,000
Equity Incentive Plans [Member] \| Restricted Stock [Member] \| Independent Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares of restricted stock granted to certain eligible individuals under the amended and restated equity incentive plan	24,000
Equity Incentive Plans [Member] \| Restricted Stock [Member] \| Independent Directors [Member] \| Immediately Vest [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares of restricted stock granted to certain eligible individuals under the amended and restated equity incentive plan	14,000
Equity Incentive Plans [Member] \| Restricted Stock [Member] \| Independent Directors [Member] \| Multiple Vesting Criteria [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares of restricted stock granted to certain eligible individuals under the amended and restated equity incentive plan	10,000
Vesting period	1 year

ShareBased_Compensation_Summar

Share-Based Compensation - Summary of Restricted Stock Activity (Detail) (Restricted Stock [Member], USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-Average Fair Value per Share, Granted	$10.40	$10.40	$0
Equity Incentive Plans [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Nonvested Shares at Beginning of Period	22
Shares, Granted	80	30
Shares, Vested	-31	-7
Shares, Forfeited	-3	-1
Nonvested Shares at End of Period	68	22
Weighted-Average Fair Value per Share, Nonvested Shares at Beginning of Period	$10.40
Weighted-Average Fair Value per Share, Granted	$10.40	$10.40
Weighted-Average Fair Value per Share, Vested	$10.40	$10.40
Weighted-Average Fair Value per Share, Forfeited	$10.40	$10.40
Weighted-Average Fair Value per Share, Nonvested Shares at End of Period	$10.40	$10.40

ShareBased_Compensation_Summar1

Share-Based Compensation - Summary of Restricted Stock Activity (Parenthetical) (Detail) (USD $)	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Offering price of common stock in follow-on offering, per share	$10.40

ShareBased_Compensation_Compon

Share-Based Compensation - Components of Share-Based Compensation (Detail) (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$531	$178	$0
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total fair value of restricted stock vested	$321	$77	$0
Weighted-average grant date fair value of restricted stock granted, per share	$10.40	$10.40	$0

ShareBased_Compensation_Compon1

Share-Based Compensation - Components of Share-Based Compensation (Parenthetical) (Detail) (USD $)	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Most recent primary offering price of common stock in follow-on offering, per share	$10.40

Related_Party_Transactions_Add

Related Party Transactions - Additional Information (Detail) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Related Party Transactions [Abstract]
Sales commission fee - percent of gross proceeds	7.00%
Dealer Manager fees - percent of gross proceeds	2.50%
Acquisition fees - percent of total purchase price of real estate properties acquired in the operational stage	1.00%
Acquisition fees - percent of total project costs for real estate properties acquired in the development stage	4.00%
Asset management fees - monthly fee of one-twelfth of percentage of the aggregate cost	0.80%
Asset management fees - disposition percentage	2.00%
Organization and offering expense reimbursement to advisor or affiliates as a percentage of gross offering proceeds	1.75%
Fees paid to the Advisor by joint venture		$3.60	$2.60

Related_Party_Transactions_Sum

Related Party Transactions - Summary of Fees and Expenses Incurred by Company (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Expensed:
Acquisition fees, incurred	$3,432	$11,477	$12,715
Asset management fees, incurred	29,548	23,063	11,918
Other expense reimbursements, incurred	722	896	1,109
Total	33,702	35,436	25,742
Acquisition fees, payable	0	0
Asset management fees, payable	23	13
Other expense reimbursements, receivable (payable)	34	73
Total	57	86
Additional Paid-In Capital:
Sales commissions, incurred		49,243	44,532
Dealer manager fees, incurred		18,294	17,808
Offering expenses, incurred	1,027	13,101	12,791
Total	1,027	80,638	75,131
Sales commissions, payable	0	0
Dealer manager fees, payable	0	0
Offering expenses, payable	84	139
Total	$84	$139

Related_Party_Transactions_Sum1

Related Party Transactions - Summary of Fees and Expenses Incurred by Company (Parenthetical) (Detail) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014
Related Party Transactions [Abstract]
Development acquisition fees	$3.40
Asset management fees paid in connection with dispositions	$2.60

Noncontrolling_Interests_Addit

Noncontrolling Interests - Additional Information (Detail) (USD $)	12 Months Ended			0 Months Ended		12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 14, 2009	Jul. 31, 2009	Dec. 31, 2009
Noncontrolling Interest [Line Items]
Net loss allocated to noncontrolling interests	$0	$0	$0
Operating Partnership Units [Member]
Noncontrolling Interest [Line Items]
Number of operating partnership units issued					20,000
Operating partnership units issued, value					200,000
Number of operating partnership units, converted				20,000
Common shares issued up on conversion of operating partnership units				20,000
Rate for exchange of operating partnership units				One-for-one
Ratio for exchange of operating partnership units						1
Net contribution to holders of partnership units					85.00%
Special Units [Member]
Noncontrolling Interest [Line Items]
Number of operating partnership units issued					100
Operating partnership units issued, value					1,000
Additional percentage of cumulative non-compounded annual pre-tax return on net contributions					6.50%
Net contribution to holders of partnership units					15.00%
Net loss allocated to noncontrolling interests	$0	$0	$0

Commitments_and_Contingencies_

Commitments and Contingencies - Additional Information (Detail) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Unfunded development costs	$37.50

Recovered_Sheet6

Selected Quarterly Financial Data - Selected Quarterly Financial Data (Unaudited) (Detail) (USD $)	3 Months Ended								12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]
Total revenues	$77,524	$76,530	$76,866	$81,537	$78,198	$65,098	$55,302	$51,254	$312,457	$249,852	$127,893
Total operating expenses	-64,740	-64,377	-65,394	-70,534	-66,923	-65,580	-57,904	-49,287	-265,045	-239,694	-130,671
Total other (expenses) income	-16,276	-15,328	8,949	-15,818	-15,433	14,629	-11,610	-12,884	-38,473	-25,298	-32,802
Net income (loss)	-3,492	-3,175	20,421	-4,815	-4,158	14,147	-14,212	-10,917	8,939	-15,140	-35,580
Net (loss) income attributable to common stockholders	($3,492)	($3,175)	$20,421	($4,815)	($4,158)	$14,147	($14,212)	($10,917)	$8,939	($15,140)	($35,580)
Net (loss) income per common share - basic and diluted	($0.02)	($0.02)	$0.10	($0.02)	($0.02)	$0.07	($0.09)	($0.08)	$0.04	($0.08)	($0.35)
Weighted-average shares outstanding	211,692	210,542	209,419	208,135	206,753	203,024	166,255	141,484	209,958	179,619	102,215

Subsequent_Events_Additional_I

Subsequent Events - Additional Information (Detail) (Subsequent Event [Member], USD $)	1 Months Ended
	Jan. 22, 2015
Subsequent Event [Member]
Subsequent Event [Line Items]
Distributions reinvested plan percentage of share price	95.00%
Percentage of shares redeemed	95.00%
Share price, distribution reinvestment plan	$10.49
Share redemption plan share price	$10.49

Schedule_III_Real_Estate_and_A

Schedule III Real Estate and Accumulated Depreciation (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
	Building	Dec. 31, 2013	Dec. 31, 2012
Real Estate and Accumulated Depreciation [Line Items]
Debt	$1,220,625
Initial Cost of Land	909,488
Initial Cost of Buildings and Improvements	2,754,067
Total Initial Costs	3,663,555
Costs Capitalized or Adjustments Subsequent to Acquisition	165,863
Gross amount carried, Land	909,488
Gross amount carried, Buildings and Improvements	2,919,930
Gross amount carried, Total Costs	3,829,418	3,674,871	2,199,722
Accumulated Depreciation and Amortization	-347,444	-212,922	-91,302
Consolidated Properties [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	283	296
Renton Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Debt	7,340
Initial Cost of Land	2,474
Initial Cost of Buildings and Improvements	10,126
Total Initial Costs	12,600
Costs Capitalized or Adjustments Subsequent to Acquisition	576
Gross amount carried, Land	2,474
Gross amount carried, Buildings and Improvements	10,702
Gross amount carried, Total Costs	13,176
Accumulated Depreciation and Amortization	-1,596
Acquisition Date	30-Jun-10
Bell Gardens [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	3
Debt	8,722
Initial Cost of Land	12,044
Initial Cost of Buildings and Improvements	3,323
Total Initial Costs	15,367
Costs Capitalized or Adjustments Subsequent to Acquisition	1,123
Gross amount carried, Land	12,044
Gross amount carried, Buildings and Improvements	4,446
Gross amount carried, Total Costs	16,490
Accumulated Depreciation and Amortization	-1,758
Acquisition Date	25-Aug-10
Bay Area Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	4
Debt	27,716
Initial Cost of Land	27,639
Initial Cost of Buildings and Improvements	32,361
Total Initial Costs	60,000
Costs Capitalized or Adjustments Subsequent to Acquisition	1,627
Gross amount carried, Land	27,639
Gross amount carried, Buildings and Improvements	33,988
Gross amount carried, Total Costs	61,627
Accumulated Depreciation and Amortization	-7,575
Acquisition Date	1-Sep-10
Suwanee Point [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	2
Debt	7,237
Initial Cost of Land	1,274
Initial Cost of Buildings and Improvements	12,876
Total Initial Costs	14,150
Costs Capitalized or Adjustments Subsequent to Acquisition	625
Gross amount carried, Land	1,274
Gross amount carried, Buildings and Improvements	13,501
Gross amount carried, Total Costs	14,775
Accumulated Depreciation and Amortization	-2,750
Acquisition Date	1-Nov-10
Inland Empire Indian Avenue Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Debt	42,655
Initial Cost of Land	15,066
Initial Cost of Buildings and Improvements	64,934
Total Initial Costs	80,000
Costs Capitalized or Adjustments Subsequent to Acquisition	60
Gross amount carried, Land	15,066
Gross amount carried, Buildings and Improvements	64,994
Gross amount carried, Total Costs	80,060
Accumulated Depreciation and Amortization	-12,117
Acquisition Date	29-Dec-10
Brandon Woods Distribution Center in Baltimore [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Debt	8,660
Initial Cost of Land	4,916
Initial Cost of Buildings and Improvements	11,184
Total Initial Costs	16,100
Costs Capitalized or Adjustments Subsequent to Acquisition	-106
Gross amount carried, Land	4,916
Gross amount carried, Buildings and Improvements	11,078
Gross amount carried, Total Costs	15,994
Accumulated Depreciation and Amortization	-1,361
Acquisition Date	30-Dec-10
Rock Quarry 1 & 2 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	2
Debt	11,622
Initial Cost of Land	3,106
Initial Cost of Buildings and Improvements	22,569
Total Initial Costs	25,675
Costs Capitalized or Adjustments Subsequent to Acquisition	-389
Gross amount carried, Land	3,106
Gross amount carried, Buildings and Improvements	22,180
Gross amount carried, Total Costs	25,286
Accumulated Depreciation and Amortization	-3,484
Acquisition Date	19-Jan-11
Hagerstown Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Debt	21,970
Initial Cost of Land	5,926
Initial Cost of Buildings and Improvements	35,224
Total Initial Costs	41,150
Gross amount carried, Land	5,926
Gross amount carried, Buildings and Improvements	35,224
Gross amount carried, Total Costs	41,150
Accumulated Depreciation and Amortization	-6,516
Acquisition Date	27-Jan-11
Kent Valley Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Debt	2,961
Initial Cost of Land	871
Initial Cost of Buildings and Improvements	6,786
Total Initial Costs	7,657
Costs Capitalized or Adjustments Subsequent to Acquisition	451
Gross amount carried, Land	871
Gross amount carried, Buildings and Improvements	7,237
Gross amount carried, Total Costs	8,108
Accumulated Depreciation and Amortization	-1,440
Acquisition Date	17-Feb-11
Portside Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Debt	19,423
Initial Cost of Land	6,985
Initial Cost of Buildings and Improvements	13,015
Total Initial Costs	20,000
Costs Capitalized or Adjustments Subsequent to Acquisition	3,497
Gross amount carried, Land	6,985
Gross amount carried, Buildings and Improvements	16,512
Gross amount carried, Total Costs	23,497
Accumulated Depreciation and Amortization	-1,987
Acquisition Date	22-Mar-11
Collington Commerce Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	4,531
Initial Cost of Buildings and Improvements	14,769
Total Initial Costs	19,300
Costs Capitalized or Adjustments Subsequent to Acquisition	876
Gross amount carried, Land	4,531
Gross amount carried, Buildings and Improvements	15,645
Gross amount carried, Total Costs	20,176
Accumulated Depreciation and Amortization	-5,681
Acquisition Date	23-Mar-11
Industrial Parkway Distribution Center in Atlanta, GA [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	2,117
Initial Cost of Buildings and Improvements	10,333
Total Initial Costs	12,450
Costs Capitalized or Adjustments Subsequent to Acquisition	543
Gross amount carried, Land	2,117
Gross amount carried, Buildings and Improvements	10,876
Gross amount carried, Total Costs	12,993
Accumulated Depreciation and Amortization	-1,881
Acquisition Date	28-Apr-11
Vista Point [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	6
Debt	9,917
Initial Cost of Land	4,914
Initial Cost of Buildings and Improvements	18,029
Total Initial Costs	22,943
Costs Capitalized or Adjustments Subsequent to Acquisition	1,940
Gross amount carried, Land	4,914
Gross amount carried, Buildings and Improvements	19,969
Gross amount carried, Total Costs	24,883
Accumulated Depreciation and Amortization	-4,251
Acquisition Date	26-May-11
Atlanta Liberty DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Debt	21,629
Initial Cost of Land	1,600
Initial Cost of Buildings and Improvements	34,800
Total Initial Costs	36,400
Costs Capitalized or Adjustments Subsequent to Acquisition	572
Gross amount carried, Land	1,600
Gross amount carried, Buildings and Improvements	35,372
Gross amount carried, Total Costs	36,972
Accumulated Depreciation and Amortization	-3,341
Acquisition Date	17-Jun-11
Sugarland Interchange DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Debt	19,185
Initial Cost of Land	5,832
Initial Cost of Buildings and Improvements	26,143
Total Initial Costs	31,975
Costs Capitalized or Adjustments Subsequent to Acquisition	1,560
Gross amount carried, Land	5,832
Gross amount carried, Buildings and Improvements	27,703
Gross amount carried, Total Costs	33,535
Accumulated Depreciation and Amortization	-5,565
Acquisition Date	17-Jun-11
York Willow Springs [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Debt	26,055
Initial Cost of Land	4,356
Initial Cost of Buildings and Improvements	39,069
Total Initial Costs	43,425
Costs Capitalized or Adjustments Subsequent to Acquisition	1,086
Gross amount carried, Land	4,356
Gross amount carried, Buildings and Improvements	40,155
Gross amount carried, Total Costs	44,511
Accumulated Depreciation and Amortization	-4,954
Acquisition Date	17-Jun-11
Hagerstown Industrial Lane DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	1,399
Initial Cost of Buildings and Improvements	7,101
Total Initial Costs	8,500
Costs Capitalized or Adjustments Subsequent to Acquisition	537
Gross amount carried, Land	1,399
Gross amount carried, Buildings and Improvements	7,638
Gross amount carried, Total Costs	9,037
Accumulated Depreciation and Amortization	-1,922
Acquisition Date	20-Jun-11
Commerce Park [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	13
Debt	21,811
Initial Cost of Land	10,662
Initial Cost of Buildings and Improvements	23,335
Total Initial Costs	33,997
Costs Capitalized or Adjustments Subsequent to Acquisition	4,899
Gross amount carried, Land	10,662
Gross amount carried, Buildings and Improvements	28,234
Gross amount carried, Total Costs	38,896
Accumulated Depreciation and Amortization	-8,133
Acquisition Date	29-Jun-11
Sterling Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	7,945
Initial Cost of Buildings and Improvements	16,683
Total Initial Costs	24,628
Gross amount carried, Land	7,945
Gross amount carried, Buildings and Improvements	16,683
Gross amount carried, Total Costs	24,628
Accumulated Depreciation and Amortization	-2,733
Acquisition Date	8-Aug-11
Ritner DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	2,898
Initial Cost of Buildings and Improvements	5,202
Total Initial Costs	8,100
Costs Capitalized or Adjustments Subsequent to Acquisition	258
Gross amount carried, Land	2,898
Gross amount carried, Buildings and Improvements	5,460
Gross amount carried, Total Costs	8,358
Accumulated Depreciation and Amortization	-2,065
Acquisition Date	15-Aug-11
International Drive Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	4,016
Initial Cost of Buildings and Improvements	5,584
Total Initial Costs	9,600
Costs Capitalized or Adjustments Subsequent to Acquisition	2,959
Gross amount carried, Land	4,016
Gross amount carried, Buildings and Improvements	8,543
Gross amount carried, Total Costs	12,559
Accumulated Depreciation and Amortization	-1,610
Acquisition Date	24-Aug-11
Keystone Industrial Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	13
Initial Cost of Land	10,585
Initial Cost of Buildings and Improvements	25,765
Total Initial Costs	36,350
Costs Capitalized or Adjustments Subsequent to Acquisition	1,498
Gross amount carried, Land	10,585
Gross amount carried, Buildings and Improvements	27,263
Gross amount carried, Total Costs	37,848
Accumulated Depreciation and Amortization	-7,034
Acquisition Date	29-Sep-11
Champagne DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Debt	9,080
Initial Cost of Land	8,253
Initial Cost of Buildings and Improvements	9,384
Total Initial Costs	17,637
Costs Capitalized or Adjustments Subsequent to Acquisition	1,489
Gross amount carried, Land	8,253
Gross amount carried, Buildings and Improvements	10,873
Gross amount carried, Total Costs	19,126
Accumulated Depreciation and Amortization	-1,476
Acquisition Date	21-Nov-11
Exton Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	1,666
Initial Cost of Buildings and Improvements	5,759
Total Initial Costs	7,425
Costs Capitalized or Adjustments Subsequent to Acquisition	190
Gross amount carried, Land	1,666
Gross amount carried, Buildings and Improvements	5,949
Gross amount carried, Total Costs	7,615
Accumulated Depreciation and Amortization	-1,027
Acquisition Date	22-Nov-11
Chicago Industrial Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Acquisition Date	2011
Number of Buildings	9
Debt	60,177
Initial Cost of Land	14,179
Initial Cost of Buildings and Improvements	88,482
Total Initial Costs	102,661
Costs Capitalized or Adjustments Subsequent to Acquisition	5,160
Gross amount carried, Land	14,179
Gross amount carried, Buildings and Improvements	93,642
Gross amount carried, Total Costs	107,821
Accumulated Depreciation and Amortization	-15,203
Valwood West Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	3
Debt	15,492
Initial Cost of Land	2,815
Initial Cost of Buildings and Improvements	22,960
Total Initial Costs	25,775
Costs Capitalized or Adjustments Subsequent to Acquisition	1,535
Gross amount carried, Land	2,815
Gross amount carried, Buildings and Improvements	24,495
Gross amount carried, Total Costs	27,310
Accumulated Depreciation and Amortization	-3,075
Acquisition Date	15-Dec-11
Southpoint & West Fork DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	3
Debt	19,893
Initial Cost of Land	4,457
Initial Cost of Buildings and Improvements	31,468
Total Initial Costs	35,925
Costs Capitalized or Adjustments Subsequent to Acquisition	1,557
Gross amount carried, Land	4,457
Gross amount carried, Buildings and Improvements	33,025
Gross amount carried, Total Costs	37,482
Accumulated Depreciation and Amortization	-5,606
Acquisition Date	15-Dec-11
Marina West [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	2
Debt	24,615
Initial Cost of Land	11,500
Initial Cost of Buildings and Improvements	31,300
Total Initial Costs	42,800
Costs Capitalized or Adjustments Subsequent to Acquisition	2,255
Gross amount carried, Land	11,500
Gross amount carried, Buildings and Improvements	33,555
Gross amount carried, Total Costs	45,055
Accumulated Depreciation and Amortization	-5,251
Acquisition Date	15-Dec-11
Crossroads DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	2
Initial Cost of Land	13,368
Initial Cost of Buildings and Improvements	29,132
Total Initial Costs	42,500
Costs Capitalized or Adjustments Subsequent to Acquisition	1,971
Gross amount carried, Land	13,368
Gross amount carried, Buildings and Improvements	31,103
Gross amount carried, Total Costs	44,471
Accumulated Depreciation and Amortization	-3,698
Acquisition Date	15-Dec-11
South Florida Industrial Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	5
Initial Cost of Land	6,217
Initial Cost of Buildings and Improvements	12,683
Total Initial Costs	18,900
Costs Capitalized or Adjustments Subsequent to Acquisition	1,711
Gross amount carried, Land	6,217
Gross amount carried, Buildings and Improvements	14,394
Gross amount carried, Total Costs	20,611
Accumulated Depreciation and Amortization	-3,397
Acquisition Date	13-Jan-12
BWI Commerce Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Debt	4,650
Initial Cost of Land	3,411
Initial Cost of Buildings and Improvements	4,389
Total Initial Costs	7,800
Costs Capitalized or Adjustments Subsequent to Acquisition	41
Gross amount carried, Land	3,411
Gross amount carried, Buildings and Improvements	4,430
Gross amount carried, Total Costs	7,841
Accumulated Depreciation and Amortization	-675
Acquisition Date	23-Mar-12
IN Industrial Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	6
Debt	42,370
Initial Cost of Land	7,228
Initial Cost of Buildings and Improvements	64,147
Total Initial Costs	71,375
Costs Capitalized or Adjustments Subsequent to Acquisition	3,785
Gross amount carried, Land	7,228
Gross amount carried, Buildings and Improvements	67,932
Gross amount carried, Total Costs	75,160
Accumulated Depreciation and Amortization	-8,982
Acquisition Date	28-Mar-12
PA Industrial Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	5
Debt	39,980
Initial Cost of Land	15,185
Initial Cost of Buildings and Improvements	50,690
Total Initial Costs	65,875
Costs Capitalized or Adjustments Subsequent to Acquisition	2,879
Gross amount carried, Land	15,185
Gross amount carried, Buildings and Improvements	53,569
Gross amount carried, Total Costs	68,754
Accumulated Depreciation and Amortization	-9,800
Acquisition Date	28-Mar-12
10th Street Business Park [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	2
Debt	9,147
Initial Cost of Land	2,157
Initial Cost of Buildings and Improvements	13,443
Total Initial Costs	15,600
Costs Capitalized or Adjustments Subsequent to Acquisition	299
Gross amount carried, Land	2,157
Gross amount carried, Buildings and Improvements	13,742
Gross amount carried, Total Costs	15,899
Accumulated Depreciation and Amortization	-1,558
Acquisition Date	23-Apr-12
Hollins End Industrial Park [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	6
Debt	18,237
Initial Cost of Land	13,705
Initial Cost of Buildings and Improvements	16,577
Total Initial Costs	30,282
Costs Capitalized or Adjustments Subsequent to Acquisition	2,598
Gross amount carried, Land	13,705
Gross amount carried, Buildings and Improvements	19,175
Gross amount carried, Total Costs	32,880
Accumulated Depreciation and Amortization	-3,370
Acquisition Date	3-May-12
Cactus Distribution Centers [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	2
Debt	76,616
Initial Cost of Land	18,916
Initial Cost of Buildings and Improvements	112,746
Total Initial Costs	131,662
Costs Capitalized or Adjustments Subsequent to Acquisition	211
Gross amount carried, Land	18,916
Gross amount carried, Buildings and Improvements	112,957
Gross amount carried, Total Costs	131,873
Accumulated Depreciation and Amortization	-13,757
Acquisition Date	10-May-12
Gateway DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Debt	9,180
Initial Cost of Land	11,277
Initial Cost of Buildings and Improvements	12,975
Total Initial Costs	24,252
Costs Capitalized or Adjustments Subsequent to Acquisition	494
Gross amount carried, Land	11,277
Gross amount carried, Buildings and Improvements	13,469
Gross amount carried, Total Costs	24,746
Accumulated Depreciation and Amortization	-2,318
Acquisition Date	16-May-12
BWI Commerce Center II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Debt	6,925
Initial Cost of Land	5,289
Initial Cost of Buildings and Improvements	6,361
Total Initial Costs	11,650
Costs Capitalized or Adjustments Subsequent to Acquisition	48
Gross amount carried, Land	5,289
Gross amount carried, Buildings and Improvements	6,409
Gross amount carried, Total Costs	11,698
Accumulated Depreciation and Amortization	-787
Acquisition Date	16-May-12
Foster Commerce Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	2
Debt	10,325
Initial Cost of Land	3,023
Initial Cost of Buildings and Improvements	14,305
Total Initial Costs	17,328
Costs Capitalized or Adjustments Subsequent to Acquisition	1,955
Gross amount carried, Land	3,023
Gross amount carried, Buildings and Improvements	16,260
Gross amount carried, Total Costs	19,283
Accumulated Depreciation and Amortization	-2,495
Acquisition Date	1-Jun-12
Weston Business Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	2,365
Initial Cost of Buildings and Improvements	1,085
Total Initial Costs	3,450
Gross amount carried, Land	2,365
Gross amount carried, Buildings and Improvements	1,085
Gross amount carried, Total Costs	3,450
Accumulated Depreciation and Amortization	-151
Acquisition Date	11-Jun-12
Houston Industrial Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	4
Debt	23,850
Initial Cost of Land	6,243
Initial Cost of Buildings and Improvements	33,706
Total Initial Costs	39,949
Costs Capitalized or Adjustments Subsequent to Acquisition	1,508
Gross amount carried, Land	6,243
Gross amount carried, Buildings and Improvements	35,214
Gross amount carried, Total Costs	41,457
Accumulated Depreciation and Amortization	-4,560
Acquisition Date	14-Jun-12
Hartman Business Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	2
Initial Cost of Land	4,026
Initial Cost of Buildings and Improvements	24,650
Total Initial Costs	28,676
Costs Capitalized or Adjustments Subsequent to Acquisition	387
Gross amount carried, Land	4,026
Gross amount carried, Buildings and Improvements	25,037
Gross amount carried, Total Costs	29,063
Accumulated Depreciation and Amortization	-3,389
Acquisition Date	28-Jun-12
Memphis Industrial Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	3
Initial Cost of Land	2,073
Initial Cost of Buildings and Improvements	22,227
Total Initial Costs	24,300
Costs Capitalized or Adjustments Subsequent to Acquisition	554
Gross amount carried, Land	2,073
Gross amount carried, Buildings and Improvements	22,781
Gross amount carried, Total Costs	24,854
Accumulated Depreciation and Amortization	-4,495
Acquisition Date	11-Jul-12
Baltimore Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	4,332
Initial Cost of Buildings and Improvements	5,842
Total Initial Costs	10,174
Gross amount carried, Land	4,332
Gross amount carried, Buildings and Improvements	5,842
Gross amount carried, Total Costs	10,174
Accumulated Depreciation and Amortization	-1,230
Acquisition Date	31-Jul-12
Columbia Park Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	993
Initial Cost of Buildings and Improvements	4,807
Total Initial Costs	5,800
Costs Capitalized or Adjustments Subsequent to Acquisition	66
Gross amount carried, Land	993
Gross amount carried, Buildings and Improvements	4,873
Gross amount carried, Total Costs	5,866
Accumulated Depreciation and Amortization	-891
Acquisition Date	31-Jul-12
Brandon Woods Distribution Center II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	4,231
Initial Cost of Buildings and Improvements	10,994
Total Initial Costs	15,225
Costs Capitalized or Adjustments Subsequent to Acquisition	36
Gross amount carried, Land	4,231
Gross amount carried, Buildings and Improvements	11,030
Gross amount carried, Total Costs	15,261
Accumulated Depreciation and Amortization	-2,811
Acquisition Date	2-Aug-12
Somerset Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Debt	9,515
Initial Cost of Land	5,534
Initial Cost of Buildings and Improvements	8,823
Total Initial Costs	14,357
Costs Capitalized or Adjustments Subsequent to Acquisition	374
Gross amount carried, Land	5,534
Gross amount carried, Buildings and Improvements	9,197
Gross amount carried, Total Costs	14,731
Accumulated Depreciation and Amortization	-2,126
Acquisition Date	2-Aug-12
Agave Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Debt	38,250
Initial Cost of Land	13,972
Initial Cost of Buildings and Improvements	76,993
Total Initial Costs	90,965
Costs Capitalized or Adjustments Subsequent to Acquisition	619
Gross amount carried, Land	13,972
Gross amount carried, Buildings and Improvements	77,612
Gross amount carried, Total Costs	91,584
Accumulated Depreciation and Amortization	-6,614
Acquisition Date	7-Aug-12
Somerset Industrial Center II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	2
Initial Cost of Land	8,160
Initial Cost of Buildings and Improvements	12,090
Total Initial Costs	20,250
Costs Capitalized or Adjustments Subsequent to Acquisition	1,277
Gross amount carried, Land	8,160
Gross amount carried, Buildings and Improvements	13,367
Gross amount carried, Total Costs	21,527
Accumulated Depreciation and Amortization	-3,288
Acquisition Date	8-Aug-12
Tamarac [Member]
Real Estate and Accumulated Depreciation [Line Items]
Initial Cost of Land	1,300
Total Initial Costs	1,300
Costs Capitalized or Adjustments Subsequent to Acquisition	6,620
Gross amount carried, Land	1,300
Gross amount carried, Buildings and Improvements	6,620
Gross amount carried, Total Costs	7,920
Acquisition Date	28-Aug-12
Industrial Parkway Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	2,687
Initial Cost of Buildings and Improvements	6,683
Total Initial Costs	9,370
Costs Capitalized or Adjustments Subsequent to Acquisition	4
Gross amount carried, Land	2,687
Gross amount carried, Buildings and Improvements	6,687
Gross amount carried, Total Costs	9,374
Accumulated Depreciation and Amortization	-1,050
Acquisition Date	31-Aug-12
Kent Valley Distribution Center II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	6,475
Initial Cost of Buildings and Improvements	11,275
Total Initial Costs	17,750
Costs Capitalized or Adjustments Subsequent to Acquisition	1,318
Gross amount carried, Land	6,475
Gross amount carried, Buildings and Improvements	12,593
Gross amount carried, Total Costs	19,068
Accumulated Depreciation and Amortization	-1,586
Acquisition Date	5-Sep-12
Salt Lake City Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	2
Debt	15,963
Initial Cost of Land	3,103
Initial Cost of Buildings and Improvements	21,981
Total Initial Costs	25,084
Costs Capitalized or Adjustments Subsequent to Acquisition	119
Gross amount carried, Land	3,103
Gross amount carried, Buildings and Improvements	22,100
Gross amount carried, Total Costs	25,203
Accumulated Depreciation and Amortization	-2,692
Acquisition Date	11-Sep-12
Chantilly DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	5,479
Initial Cost of Buildings and Improvements	12,071
Total Initial Costs	17,550
Costs Capitalized or Adjustments Subsequent to Acquisition	44
Gross amount carried, Land	5,479
Gross amount carried, Buildings and Improvements	12,115
Gross amount carried, Total Costs	17,594
Accumulated Depreciation and Amortization	-1,832
Acquisition Date	20-Sep-12
Washington DC Corporate Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	9,354
Initial Cost of Buildings and Improvements	5,246
Total Initial Costs	14,600
Costs Capitalized or Adjustments Subsequent to Acquisition	108
Gross amount carried, Land	9,354
Gross amount carried, Buildings and Improvements	5,354
Gross amount carried, Total Costs	14,708
Accumulated Depreciation and Amortization	-1,549
Acquisition Date	11-Oct-12
Burleson Business Park [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	3
Debt	14,172
Initial Cost of Land	3,983
Initial Cost of Buildings and Improvements	22,136
Total Initial Costs	26,119
Costs Capitalized or Adjustments Subsequent to Acquisition	1,193
Gross amount carried, Land	3,983
Gross amount carried, Buildings and Improvements	23,329
Gross amount carried, Total Costs	27,312
Accumulated Depreciation and Amortization	-3,360
Acquisition Date	19-Oct-12
Raceway Crossing Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	3
Debt	10,787
Initial Cost of Land	3,774
Initial Cost of Buildings and Improvements	14,913
Total Initial Costs	18,687
Costs Capitalized or Adjustments Subsequent to Acquisition	547
Gross amount carried, Land	3,774
Gross amount carried, Buildings and Improvements	15,460
Gross amount carried, Total Costs	19,234
Accumulated Depreciation and Amortization	-1,516
Acquisition Date	23-Oct-12
Aurora DC III [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	3,648
Initial Cost of Buildings and Improvements	12,602
Total Initial Costs	16,250
Gross amount carried, Land	3,648
Gross amount carried, Buildings and Improvements	12,602
Gross amount carried, Total Costs	16,250
Accumulated Depreciation and Amortization	-1,258
Acquisition Date	31-Oct-12
Pureland Industrial Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	3
Debt	22,582
Initial Cost of Land	8,704
Initial Cost of Buildings and Improvements	39,224
Total Initial Costs	47,928
Costs Capitalized or Adjustments Subsequent to Acquisition	376
Gross amount carried, Land	8,704
Gross amount carried, Buildings and Improvements	39,600
Gross amount carried, Total Costs	48,304
Accumulated Depreciation and Amortization	-7,989
Acquisition Date	9-Nov-12
Miami DC II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	2,346
Initial Cost of Buildings and Improvements	4,704
Total Initial Costs	7,050
Costs Capitalized or Adjustments Subsequent to Acquisition	16
Gross amount carried, Land	2,346
Gross amount carried, Buildings and Improvements	4,720
Gross amount carried, Total Costs	7,066
Accumulated Depreciation and Amortization	-633
Acquisition Date	13-Nov-12
Kent Valley DC III [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	1,668
Initial Cost of Buildings and Improvements	2,622
Total Initial Costs	4,290
Costs Capitalized or Adjustments Subsequent to Acquisition	33
Gross amount carried, Land	1,668
Gross amount carried, Buildings and Improvements	2,655
Gross amount carried, Total Costs	4,323
Accumulated Depreciation and Amortization	-348
Acquisition Date	5-Dec-12
Westfork & Southpoint [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	3
Debt	24,065
Initial Cost of Land	5,065
Initial Cost of Buildings and Improvements	34,885
Total Initial Costs	39,950
Costs Capitalized or Adjustments Subsequent to Acquisition	770
Gross amount carried, Land	5,065
Gross amount carried, Buildings and Improvements	35,655
Gross amount carried, Total Costs	40,720
Accumulated Depreciation and Amortization	-4,429
Acquisition Date	5-Dec-12
Chicago Distribution Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	5
Debt	30,465
Initial Cost of Land	9,376
Initial Cost of Buildings and Improvements	44,994
Total Initial Costs	54,370
Costs Capitalized or Adjustments Subsequent to Acquisition	107
Gross amount carried, Land	9,376
Gross amount carried, Buildings and Improvements	45,101
Gross amount carried, Total Costs	54,477
Accumulated Depreciation and Amortization	-6,634
Acquisition Date	5-Dec-12
Miramar Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Debt	18,080
Initial Cost of Land	9,474
Initial Cost of Buildings and Improvements	27,026
Total Initial Costs	36,500
Costs Capitalized or Adjustments Subsequent to Acquisition	172
Gross amount carried, Land	9,474
Gross amount carried, Buildings and Improvements	27,198
Gross amount carried, Total Costs	36,672
Accumulated Depreciation and Amortization	-3,027
Acquisition Date	5-Dec-12
Southaven & Chickasaw [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	3
Debt	32,390
Initial Cost of Land	3,103
Initial Cost of Buildings and Improvements	45,322
Total Initial Costs	48,425
Costs Capitalized or Adjustments Subsequent to Acquisition	48
Gross amount carried, Land	3,103
Gross amount carried, Buildings and Improvements	45,370
Gross amount carried, Total Costs	48,473
Accumulated Depreciation and Amortization	-6,522
Acquisition Date	5-Dec-12
Englewood Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	3,488
Initial Cost of Buildings and Improvements	5,162
Total Initial Costs	8,650
Gross amount carried, Land	3,488
Gross amount carried, Buildings and Improvements	5,162
Gross amount carried, Total Costs	8,650
Accumulated Depreciation and Amortization	-953
Acquisition Date	6-Dec-12
Vista Point II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Debt	7,158
Initial Cost of Land	2,709
Initial Cost of Buildings and Improvements	10,791
Total Initial Costs	13,500
Costs Capitalized or Adjustments Subsequent to Acquisition	22
Gross amount carried, Land	2,709
Gross amount carried, Buildings and Improvements	10,813
Gross amount carried, Total Costs	13,522
Accumulated Depreciation and Amortization	-1,130
Acquisition Date	12-Dec-12
Freeport Crossing [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	7
Debt	42,563
Initial Cost of Land	11,860
Initial Cost of Buildings and Improvements	63,890
Total Initial Costs	75,750
Costs Capitalized or Adjustments Subsequent to Acquisition	3,614
Gross amount carried, Land	11,860
Gross amount carried, Buildings and Improvements	67,504
Gross amount carried, Total Costs	79,364
Accumulated Depreciation and Amortization	-8,645
Acquisition Date	12-Dec-12
Houston Distribution Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	5
Debt	15,353
Initial Cost of Land	5,550
Initial Cost of Buildings and Improvements	22,575
Total Initial Costs	28,125
Costs Capitalized or Adjustments Subsequent to Acquisition	584
Gross amount carried, Land	5,550
Gross amount carried, Buildings and Improvements	23,159
Gross amount carried, Total Costs	28,709
Accumulated Depreciation and Amortization	-4,452
Acquisition Date	12-Dec-12
Sorenson Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	10,412
Initial Cost of Buildings and Improvements	18,275
Total Initial Costs	28,687
Costs Capitalized or Adjustments Subsequent to Acquisition	3,197
Gross amount carried, Land	10,412
Gross amount carried, Buildings and Improvements	21,472
Gross amount carried, Total Costs	31,884
Accumulated Depreciation and Amortization	-974
Acquisition Date	14-Dec-12
Steamboat Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	2,116
Initial Cost of Buildings and Improvements	10,359
Total Initial Costs	12,475
Costs Capitalized or Adjustments Subsequent to Acquisition	164
Gross amount carried, Land	2,116
Gross amount carried, Buildings and Improvements	10,523
Gross amount carried, Total Costs	12,639
Accumulated Depreciation and Amortization	-839
Acquisition Date	21-Dec-12
Westport Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	2
Initial Cost of Land	8,912
Initial Cost of Buildings and Improvements	38,588
Total Initial Costs	47,500
Costs Capitalized or Adjustments Subsequent to Acquisition	98
Gross amount carried, Land	8,912
Gross amount carried, Buildings and Improvements	38,686
Gross amount carried, Total Costs	47,598
Accumulated Depreciation and Amortization	-4,613
Acquisition Date	24-Dec-12
Clifton Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	10,394
Initial Cost of Buildings and Improvements	15,706
Total Initial Costs	26,100
Costs Capitalized or Adjustments Subsequent to Acquisition	94
Gross amount carried, Land	10,394
Gross amount carried, Buildings and Improvements	15,800
Gross amount carried, Total Costs	26,194
Accumulated Depreciation and Amortization	-1,280
Acquisition Date	6-Feb-13
Hayward DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	4,206
Initial Cost of Buildings and Improvements	5,394
Total Initial Costs	9,600
Costs Capitalized or Adjustments Subsequent to Acquisition	89
Gross amount carried, Land	4,206
Gross amount carried, Buildings and Improvements	5,483
Gross amount carried, Total Costs	9,689
Accumulated Depreciation and Amortization	-651
Acquisition Date	14-Feb-13
Valley View Business Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	2
Initial Cost of Land	1,855
Initial Cost of Buildings and Improvements	10,315
Total Initial Costs	12,170
Costs Capitalized or Adjustments Subsequent to Acquisition	175
Gross amount carried, Land	1,855
Gross amount carried, Buildings and Improvements	10,490
Gross amount carried, Total Costs	12,345
Accumulated Depreciation and Amortization	-1,031
Acquisition Date	25-Mar-13
York Distribution Center II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	6,697
Initial Cost of Buildings and Improvements	25,374
Total Initial Costs	32,071
Gross amount carried, Land	6,697
Gross amount carried, Buildings and Improvements	25,374
Gross amount carried, Total Costs	32,071
Accumulated Depreciation and Amortization	-1,640
Acquisition Date	27-Mar-13
Andover Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	2
Debt	7,667
Initial Cost of Land	5,835
Initial Cost of Buildings and Improvements	6,173
Total Initial Costs	12,008
Costs Capitalized or Adjustments Subsequent to Acquisition	357
Gross amount carried, Land	5,835
Gross amount carried, Buildings and Improvements	6,530
Gross amount carried, Total Costs	12,365
Accumulated Depreciation and Amortization	-852
Acquisition Date	29-Mar-13
Marina West Distribution Center II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	3
Initial Cost of Land	10,874
Initial Cost of Buildings and Improvements	28,526
Total Initial Costs	39,400
Costs Capitalized or Adjustments Subsequent to Acquisition	51
Gross amount carried, Land	10,874
Gross amount carried, Buildings and Improvements	28,577
Gross amount carried, Total Costs	39,451
Accumulated Depreciation and Amortization	-4,126
Acquisition Date	2-Apr-13
Beltway Crossing Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	4
Initial Cost of Land	6,760
Initial Cost of Buildings and Improvements	31,229
Total Initial Costs	37,989
Costs Capitalized or Adjustments Subsequent to Acquisition	334
Gross amount carried, Land	6,760
Gross amount carried, Buildings and Improvements	31,563
Gross amount carried, Total Costs	38,323
Accumulated Depreciation and Amortization	-2,406
Acquisition Date	9-Apr-13
Gwinnett DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	2
Initial Cost of Land	2,449
Initial Cost of Buildings and Improvements	9,427
Total Initial Costs	11,876
Costs Capitalized or Adjustments Subsequent to Acquisition	97
Gross amount carried, Land	2,449
Gross amount carried, Buildings and Improvements	9,524
Gross amount carried, Total Costs	11,973
Accumulated Depreciation and Amortization	-1,246
Acquisition Date	24-Apr-13
Bluegrass Distribution Center I & II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	4
Debt	12,791
Initial Cost of Land	4,691
Initial Cost of Buildings and Improvements	22,154
Total Initial Costs	26,845
Costs Capitalized or Adjustments Subsequent to Acquisition	380
Gross amount carried, Land	4,691
Gross amount carried, Buildings and Improvements	22,534
Gross amount carried, Total Costs	27,225
Accumulated Depreciation and Amortization	-2,593
Acquisition Date	24-Apr-13
Northpointe Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	2
Initial Cost of Land	2,382
Initial Cost of Buildings and Improvements	7,193
Total Initial Costs	9,575
Costs Capitalized or Adjustments Subsequent to Acquisition	676
Gross amount carried, Land	2,382
Gross amount carried, Buildings and Improvements	7,869
Gross amount carried, Total Costs	10,251
Accumulated Depreciation and Amortization	-1,054
Acquisition Date	30-Apr-13
Fremont Distribution Center II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	5,802
Initial Cost of Buildings and Improvements	7,698
Total Initial Costs	13,500
Costs Capitalized or Adjustments Subsequent to Acquisition	80
Gross amount carried, Land	5,802
Gross amount carried, Buildings and Improvements	7,778
Gross amount carried, Total Costs	13,580
Accumulated Depreciation and Amortization	-1,179
Acquisition Date	6-May-13
Broadway 101 Commerce Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	11
Initial Cost of Land	17,190
Initial Cost of Buildings and Improvements	59,812
Total Initial Costs	77,002
Costs Capitalized or Adjustments Subsequent to Acquisition	1,173
Gross amount carried, Land	17,190
Gross amount carried, Buildings and Improvements	60,985
Gross amount carried, Total Costs	78,175
Accumulated Depreciation and Amortization	-6,951
Acquisition Date	15-May-13
Lakeview Industrial Park [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	7
Initial Cost of Land	6,846
Initial Cost of Buildings and Improvements	10,570
Total Initial Costs	17,416
Costs Capitalized or Adjustments Subsequent to Acquisition	87
Gross amount carried, Land	6,846
Gross amount carried, Buildings and Improvements	10,657
Gross amount carried, Total Costs	17,503
Accumulated Depreciation and Amortization	-1,579
Acquisition Date	15-May-13
South San Francisco DC II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	5,135
Initial Cost of Buildings and Improvements	4,815
Total Initial Costs	9,950
Costs Capitalized or Adjustments Subsequent to Acquisition	1,123
Gross amount carried, Land	5,135
Gross amount carried, Buildings and Improvements	5,938
Gross amount carried, Total Costs	11,073
Accumulated Depreciation and Amortization	-668
Acquisition Date	23-May-13
Iron Run Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	1,628
Initial Cost of Buildings and Improvements	6,372
Total Initial Costs	8,000
Costs Capitalized or Adjustments Subsequent to Acquisition	15
Gross amount carried, Land	1,628
Gross amount carried, Buildings and Improvements	6,387
Gross amount carried, Total Costs	8,015
Accumulated Depreciation and Amortization	-744
Acquisition Date	6-Jun-13
Buckeye Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	2
Debt	27,542
Initial Cost of Land	7,096
Initial Cost of Buildings and Improvements	37,181
Total Initial Costs	44,277
Costs Capitalized or Adjustments Subsequent to Acquisition	334
Gross amount carried, Land	7,096
Gross amount carried, Buildings and Improvements	37,515
Gross amount carried, Total Costs	44,611
Accumulated Depreciation and Amortization	-3,630
Acquisition Date	7-Jun-13
Valley Crossings Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	4,207
Initial Cost of Buildings and Improvements	12,343
Total Initial Costs	16,550
Costs Capitalized or Adjustments Subsequent to Acquisition	443
Gross amount carried, Land	4,207
Gross amount carried, Buildings and Improvements	12,786
Gross amount carried, Total Costs	16,993
Accumulated Depreciation and Amortization	-1,157
Acquisition Date	13-Jun-13
Artesia Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	7,089
Initial Cost of Buildings and Improvements	7,711
Total Initial Costs	14,800
Costs Capitalized or Adjustments Subsequent to Acquisition	12
Gross amount carried, Land	7,089
Gross amount carried, Buildings and Improvements	7,723
Gross amount carried, Total Costs	14,812
Accumulated Depreciation and Amortization	-1,028
Acquisition Date	26-Jun-13
Carlisle Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	2
Debt	18,356
Initial Cost of Land	8,307
Initial Cost of Buildings and Improvements	32,393
Total Initial Costs	40,700
Costs Capitalized or Adjustments Subsequent to Acquisition	552
Gross amount carried, Land	8,307
Gross amount carried, Buildings and Improvements	32,945
Gross amount carried, Total Costs	41,252
Accumulated Depreciation and Amortization	-2,841
Acquisition Date	26-Jun-13
Miami DC III [Member]
Real Estate and Accumulated Depreciation [Line Items]
Initial Cost of Land	3,250
Total Initial Costs	3,250
Costs Capitalized or Adjustments Subsequent to Acquisition	1,560
Gross amount carried, Land	3,250
Gross amount carried, Buildings and Improvements	1,560
Gross amount carried, Total Costs	4,810
Acquisition Date	27-Jun-13
Greenwood Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	1,875
Initial Cost of Buildings and Improvements	13,850
Total Initial Costs	15,725
Costs Capitalized or Adjustments Subsequent to Acquisition	396
Gross amount carried, Land	1,875
Gross amount carried, Buildings and Improvements	14,246
Gross amount carried, Total Costs	16,121
Accumulated Depreciation and Amortization	-1,264
Acquisition Date	28-Jun-13
Nashville Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	3
Initial Cost of Land	4,689
Initial Cost of Buildings and Improvements	44,361
Total Initial Costs	49,050
Costs Capitalized or Adjustments Subsequent to Acquisition	-385
Gross amount carried, Land	4,689
Gross amount carried, Buildings and Improvements	43,976
Gross amount carried, Total Costs	48,665
Accumulated Depreciation and Amortization	-3,858
Acquisition Date	28-Jun-13
Lehigh Valley Distribution Center II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Debt	2,862
Initial Cost of Land	1,615
Initial Cost of Buildings and Improvements	5,336
Total Initial Costs	6,951
Costs Capitalized or Adjustments Subsequent to Acquisition	255
Gross amount carried, Land	1,615
Gross amount carried, Buildings and Improvements	5,591
Gross amount carried, Total Costs	7,206
Accumulated Depreciation and Amortization	-490
Acquisition Date	1-Aug-13
York DC III [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	5,056
Initial Cost of Buildings and Improvements	17,410
Total Initial Costs	22,466
Gross amount carried, Land	5,056
Gross amount carried, Buildings and Improvements	17,410
Gross amount carried, Total Costs	22,466
Accumulated Depreciation and Amortization	-1,146
Acquisition Date	1-Aug-13
Fairburn Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Debt	3,300
Initial Cost of Land	1,899
Initial Cost of Buildings and Improvements	14,070
Total Initial Costs	15,969
Costs Capitalized or Adjustments Subsequent to Acquisition	8
Gross amount carried, Land	1,899
Gross amount carried, Buildings and Improvements	14,078
Gross amount carried, Total Costs	15,977
Accumulated Depreciation and Amortization	-866
Acquisition Date	1-Aug-13
Miami DC IV [Member]
Real Estate and Accumulated Depreciation [Line Items]
Initial Cost of Land	1,985
Total Initial Costs	1,985
Costs Capitalized or Adjustments Subsequent to Acquisition	1,671
Gross amount carried, Land	1,985
Gross amount carried, Buildings and Improvements	1,671
Gross amount carried, Total Costs	3,656
Acquisition Date	1-Aug-13
Randall Crossing Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	802
Initial Cost of Buildings and Improvements	6,748
Total Initial Costs	7,550
Gross amount carried, Land	802
Gross amount carried, Buildings and Improvements	6,748
Gross amount carried, Total Costs	7,550
Accumulated Depreciation and Amortization	-442
Acquisition Date	2-Aug-13
Waterfront Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	6,621
Initial Cost of Buildings and Improvements	6,879
Total Initial Costs	13,500
Gross amount carried, Land	6,621
Gross amount carried, Buildings and Improvements	6,879
Gross amount carried, Total Costs	13,500
Accumulated Depreciation and Amortization	-1,319
Acquisition Date	7-Aug-13
Beckwith Farms Distribution Center I [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	2,985
Initial Cost of Buildings and Improvements	29,669
Total Initial Costs	32,654
Costs Capitalized or Adjustments Subsequent to Acquisition	26
Gross amount carried, Land	2,985
Gross amount carried, Buildings and Improvements	29,695
Gross amount carried, Total Costs	32,680
Accumulated Depreciation and Amortization	-1,120
Acquisition Date	15-Aug-13
Fairfield Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	7
Initial Cost of Land	28,407
Initial Cost of Buildings and Improvements	51,866
Total Initial Costs	80,273
Costs Capitalized or Adjustments Subsequent to Acquisition	3,093
Gross amount carried, Land	28,407
Gross amount carried, Buildings and Improvements	54,959
Gross amount carried, Total Costs	83,366
Accumulated Depreciation and Amortization	-3,863
Acquisition Date	27-Aug-13
Kent Valley DC IV [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	3,524
Initial Cost of Buildings and Improvements	6,626
Total Initial Costs	10,150
Costs Capitalized or Adjustments Subsequent to Acquisition	427
Gross amount carried, Land	3,524
Gross amount carried, Buildings and Improvements	7,053
Gross amount carried, Total Costs	10,577
Accumulated Depreciation and Amortization	-613
Acquisition Date	28-Aug-13
South Bay Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	16,574
Initial Cost of Buildings and Improvements	17,034
Total Initial Costs	33,608
Costs Capitalized or Adjustments Subsequent to Acquisition	1,310
Gross amount carried, Land	16,574
Gross amount carried, Buildings and Improvements	18,344
Gross amount carried, Total Costs	34,918
Accumulated Depreciation and Amortization	-168
Acquisition Date	29-Aug-13
Beckwith Farms DC II & III [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	2
Initial Cost of Land	2,907
Initial Cost of Buildings and Improvements	20,437
Total Initial Costs	23,344
Costs Capitalized or Adjustments Subsequent to Acquisition	1,223
Gross amount carried, Land	2,907
Gross amount carried, Buildings and Improvements	21,660
Gross amount carried, Total Costs	24,567
Accumulated Depreciation and Amortization	-2,456
Acquisition Date	30-Aug-13
Landover DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	12,758
Initial Cost of Buildings and Improvements	19,772
Total Initial Costs	32,530
Costs Capitalized or Adjustments Subsequent to Acquisition	205
Gross amount carried, Land	12,758
Gross amount carried, Buildings and Improvements	19,977
Gross amount carried, Total Costs	32,735
Accumulated Depreciation and Amortization	-2,009
Acquisition Date	11-Sep-13
Denver Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Debt	30,368
Initial Cost of Land	4,355
Initial Cost of Buildings and Improvements	41,539
Total Initial Costs	45,894
Gross amount carried, Land	4,355
Gross amount carried, Buildings and Improvements	41,539
Gross amount carried, Total Costs	45,894
Accumulated Depreciation and Amortization	-1,756
Acquisition Date	13-Sep-13
Centerpointe Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Acquisition Date	2013
Number of Buildings	4
Debt	75,196
Initial Cost of Land	38,913
Initial Cost of Buildings and Improvements	84,906
Total Initial Costs	123,819
Costs Capitalized or Adjustments Subsequent to Acquisition	31,082
Gross amount carried, Land	38,913
Gross amount carried, Buildings and Improvements	115,988
Gross amount carried, Total Costs	154,901
Accumulated Depreciation and Amortization	-5,399
Bedford Park Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	3
Debt	36,700
Initial Cost of Land	15,518
Initial Cost of Buildings and Improvements	47,182
Total Initial Costs	62,700
Costs Capitalized or Adjustments Subsequent to Acquisition	6,088
Gross amount carried, Land	15,518
Gross amount carried, Buildings and Improvements	53,270
Gross amount carried, Total Costs	68,788
Accumulated Depreciation and Amortization	-3,499
Acquisition Date	17-Sep-13
South San Francisco DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Debt	3,000
Initial Cost of Land	5,454
Initial Cost of Buildings and Improvements	4,246
Total Initial Costs	9,700
Costs Capitalized or Adjustments Subsequent to Acquisition	1,089
Gross amount carried, Land	5,454
Gross amount carried, Buildings and Improvements	5,335
Gross amount carried, Total Costs	10,789
Accumulated Depreciation and Amortization	-57
Acquisition Date	17-Sep-13
Redlands Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	3
Debt	7,773
Initial Cost of Land	9,017
Initial Cost of Buildings and Improvements	13,083
Total Initial Costs	22,100
Costs Capitalized or Adjustments Subsequent to Acquisition	121
Gross amount carried, Land	9,017
Gross amount carried, Buildings and Improvements	13,204
Gross amount carried, Total Costs	22,221
Accumulated Depreciation and Amortization	-1,075
Acquisition Date	17-Sep-13
Franklin Square Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	6,504
Initial Cost of Buildings and Improvements	12,396
Total Initial Costs	18,900
Costs Capitalized or Adjustments Subsequent to Acquisition	8,627
Gross amount carried, Land	6,504
Gross amount carried, Buildings and Improvements	21,023
Gross amount carried, Total Costs	27,527
Accumulated Depreciation and Amortization	-1,115
Acquisition Date	17-Sep-13
Orange County Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Debt	8,500
Initial Cost of Land	11,136
Initial Cost of Buildings and Improvements	8,764
Total Initial Costs	19,900
Costs Capitalized or Adjustments Subsequent to Acquisition	1,399
Gross amount carried, Land	11,136
Gross amount carried, Buildings and Improvements	10,163
Gross amount carried, Total Costs	21,299
Accumulated Depreciation and Amortization	-397
Acquisition Date	17-Sep-13
Miami Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	4,600
Initial Cost of Buildings and Improvements	10,900
Total Initial Costs	15,500
Costs Capitalized or Adjustments Subsequent to Acquisition	756
Gross amount carried, Land	4,600
Gross amount carried, Buildings and Improvements	11,656
Gross amount carried, Total Costs	16,256
Accumulated Depreciation and Amortization	-435
Acquisition Date	17-Sep-13
Hofer Ranch Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	2
Debt	32,500
Initial Cost of Land	23,439
Initial Cost of Buildings and Improvements	43,111
Total Initial Costs	66,550
Costs Capitalized or Adjustments Subsequent to Acquisition	475
Gross amount carried, Land	23,439
Gross amount carried, Buildings and Improvements	43,586
Gross amount carried, Total Costs	67,025
Accumulated Depreciation and Amortization	-2,112
Acquisition Date	17-Sep-13
Portland Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	6
Initial Cost of Land	8,356
Initial Cost of Buildings and Improvements	38,744
Total Initial Costs	47,100
Costs Capitalized or Adjustments Subsequent to Acquisition	704
Gross amount carried, Land	8,356
Gross amount carried, Buildings and Improvements	39,448
Gross amount carried, Total Costs	47,804
Accumulated Depreciation and Amortization	-3,166
Acquisition Date	17-Sep-13
Concours Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Debt	2,500
Initial Cost of Land	3,618
Initial Cost of Buildings and Improvements	4,182
Total Initial Costs	7,800
Costs Capitalized or Adjustments Subsequent to Acquisition	118
Gross amount carried, Land	3,618
Gross amount carried, Buildings and Improvements	4,300
Gross amount carried, Total Costs	7,918
Accumulated Depreciation and Amortization	-255
Acquisition Date	17-Sep-13
Palo Verde Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Debt	4,500
Initial Cost of Land	2,560
Initial Cost of Buildings and Improvements	14,140
Total Initial Costs	16,700
Costs Capitalized or Adjustments Subsequent to Acquisition	1,061
Gross amount carried, Land	2,560
Gross amount carried, Buildings and Improvements	15,201
Gross amount carried, Total Costs	17,761
Accumulated Depreciation and Amortization	-961
Acquisition Date	17-Sep-13
Sumner Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Debt	14,000
Initial Cost of Land	10,252
Initial Cost of Buildings and Improvements	20,648
Total Initial Costs	30,900
Costs Capitalized or Adjustments Subsequent to Acquisition	6,661
Gross amount carried, Land	10,252
Gross amount carried, Buildings and Improvements	27,309
Gross amount carried, Total Costs	37,561
Accumulated Depreciation and Amortization	-262
Acquisition Date	17-Sep-13
Ontario Mills Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Debt	18,000
Initial Cost of Land	16,883
Initial Cost of Buildings and Improvements	20,947
Total Initial Costs	37,830
Costs Capitalized or Adjustments Subsequent to Acquisition	4,444
Gross amount carried, Land	16,883
Gross amount carried, Buildings and Improvements	25,391
Gross amount carried, Total Costs	42,274
Accumulated Depreciation and Amortization	-161
Acquisition Date	17-Sep-13
Auburn Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Debt	6,287
Initial Cost of Land	7,234
Initial Cost of Buildings and Improvements	17,516
Total Initial Costs	24,750
Costs Capitalized or Adjustments Subsequent to Acquisition	1,116
Gross amount carried, Land	7,234
Gross amount carried, Buildings and Improvements	18,632
Gross amount carried, Total Costs	25,866
Accumulated Depreciation and Amortization	-1,088
Acquisition Date	1-Oct-13
I-95 Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	10,644
Initial Cost of Buildings and Improvements	24,896
Total Initial Costs	35,540
Gross amount carried, Land	10,644
Gross amount carried, Buildings and Improvements	24,896
Gross amount carried, Total Costs	35,540
Accumulated Depreciation and Amortization	-576
Acquisition Date Beginning	1-Oct-13
Acquisition Date Ending	1-Aug-14
Capital Beltway Commerce Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	4,338
Initial Cost of Buildings and Improvements	3,062
Total Initial Costs	7,400
Costs Capitalized or Adjustments Subsequent to Acquisition	340
Gross amount carried, Land	4,338
Gross amount carried, Buildings and Improvements	3,402
Gross amount carried, Total Costs	7,740
Accumulated Depreciation and Amortization	-670
Acquisition Date	23-Oct-13
Northpoint Commerce Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	2,900
Initial Cost of Buildings and Improvements	9,391
Total Initial Costs	12,291
Costs Capitalized or Adjustments Subsequent to Acquisition	2,312
Gross amount carried, Land	2,900
Gross amount carried, Buildings and Improvements	11,703
Gross amount carried, Total Costs	14,603
Accumulated Depreciation and Amortization	-284
Acquisition Date	12-Dec-13
Imperial Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	5,149
Initial Cost of Buildings and Improvements	14,779
Total Initial Costs	19,928
Costs Capitalized or Adjustments Subsequent to Acquisition	1,671
Gross amount carried, Land	5,149
Gross amount carried, Buildings and Improvements	16,450
Gross amount carried, Total Costs	21,599
Acquisition Date	24-Jan-14
Wesport Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	4,818
Initial Cost of Buildings and Improvements	16,453
Total Initial Costs	21,271
Costs Capitalized or Adjustments Subsequent to Acquisition	1,374
Gross amount carried, Land	4,818
Gross amount carried, Buildings and Improvements	17,827
Gross amount carried, Total Costs	22,645
Acquisition Date	3-Apr-14
Chino Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	13,621
Initial Cost of Buildings and Improvements	18,462
Total Initial Costs	32,083
Costs Capitalized or Adjustments Subsequent to Acquisition	1,438
Gross amount carried, Land	13,621
Gross amount carried, Buildings and Improvements	19,900
Gross amount carried, Total Costs	33,521
Accumulated Depreciation and Amortization	-3
Acquisition Date	24-Apr-14
Beltway Crossing Distribution Center 5 & 6 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	2
Initial Cost of Land	3,665
Initial Cost of Buildings and Improvements	9,147
Total Initial Costs	12,812
Costs Capitalized or Adjustments Subsequent to Acquisition	1,223
Gross amount carried, Land	3,665
Gross amount carried, Buildings and Improvements	10,370
Gross amount carried, Total Costs	14,035
Accumulated Depreciation and Amortization	-88
Acquisition Date	2-May-14
Cajon Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Number of Buildings	1
Initial Cost of Land	16,900
Initial Cost of Buildings and Improvements	38,576
Total Initial Costs	55,476
Costs Capitalized or Adjustments Subsequent to Acquisition	1,120
Gross amount carried, Land	16,900
Gross amount carried, Buildings and Improvements	39,696
Gross amount carried, Total Costs	56,596
Acquisition Date	1-Jul-14
Lehigh Valley Distribution Center I & II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Initial Cost of Land	4,907
Total Initial Costs	4,907
Costs Capitalized or Adjustments Subsequent to Acquisition	438
Gross amount carried, Land	4,907
Gross amount carried, Buildings and Improvements	438
Gross amount carried, Total Costs	$5,345
Minimum [Member] \| Renton Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Bell Gardens [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Bay Area Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Suwanee Point [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Inland Empire Indian Avenue Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Brandon Woods Distribution Center in Baltimore [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Rock Quarry 1 & 2 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Hagerstown Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Kent Valley Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Portside Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Collington Commerce Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Industrial Parkway Distribution Center in Atlanta, GA [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Vista Point [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Atlanta Liberty DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Sugarland Interchange DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| York Willow Springs [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Hagerstown Industrial Lane DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Commerce Park [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Sterling Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Ritner DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| International Drive Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Keystone Industrial Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Champagne DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Exton Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Chicago Industrial Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Valwood West Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Southpoint & West Fork DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Marina West [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Crossroads DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| South Florida Industrial Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| BWI Commerce Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| IN Industrial Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| PA Industrial Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| 10th Street Business Park [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Hollins End Industrial Park [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Cactus Distribution Centers [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Gateway DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| BWI Commerce Center II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Foster Commerce Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Weston Business Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Houston Industrial Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Hartman Business Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Memphis Industrial Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Baltimore Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Columbia Park Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Brandon Woods Distribution Center II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Somerset Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Agave Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Somerset Industrial Center II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Industrial Parkway Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Kent Valley Distribution Center II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Salt Lake City Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Chantilly DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Washington DC Corporate Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Burleson Business Park [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Raceway Crossing Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Aurora DC III [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Pureland Industrial Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Miami DC II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Kent Valley DC III [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Westfork & Southpoint [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Chicago Distribution Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Miramar Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Southaven & Chickasaw [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Englewood Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Vista Point II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Freeport Crossing [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Houston Distribution Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Sorenson Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Steamboat Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Westport Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Clifton Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Hayward DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Valley View Business Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| York Distribution Center II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Andover Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Marina West Distribution Center II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Beltway Crossing Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Gwinnett DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Bluegrass Distribution Center I & II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Northpointe Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Fremont Distribution Center II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Broadway 101 Commerce Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Lakeview Industrial Park [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| South San Francisco DC II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Iron Run Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Buckeye Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Valley Crossings Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Artesia Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Carlisle Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Greenwood Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Nashville Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Lehigh Valley Distribution Center II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| York DC III [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Fairburn Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Randall Crossing Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Waterfront Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Beckwith Farms Distribution Center I [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Fairfield Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Kent Valley DC IV [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| South Bay Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Beckwith Farms DC II & III [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Landover DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Denver Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Centerpointe Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Bedford Park Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| South San Francisco DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Redlands Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Franklin Square Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Orange County Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Miami Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Hofer Ranch Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Portland Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Concours Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Palo Verde Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Sumner Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Ontario Mills Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Auburn Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| I-95 Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Capital Beltway Commerce Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Northpoint Commerce Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Imperial Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Wesport Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Chino Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Beltway Crossing Distribution Center 5 & 6 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Minimum [Member] \| Cajon Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	1 year
Maximum [Member] \| Renton Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Bell Gardens [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	20 years
Maximum [Member] \| Bay Area Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Suwanee Point [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Inland Empire Indian Avenue Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Brandon Woods Distribution Center in Baltimore [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Rock Quarry 1 & 2 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Hagerstown Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Kent Valley Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	30 years
Maximum [Member] \| Portside Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Collington Commerce Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Industrial Parkway Distribution Center in Atlanta, GA [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	30 years
Maximum [Member] \| Vista Point [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Atlanta Liberty DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Sugarland Interchange DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| York Willow Springs [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Hagerstown Industrial Lane DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	30 years
Maximum [Member] \| Commerce Park [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	30 years
Maximum [Member] \| Sterling Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	30 years
Maximum [Member] \| Ritner DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	20 years
Maximum [Member] \| International Drive Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	20 years
Maximum [Member] \| Keystone Industrial Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Champagne DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Exton Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Chicago Industrial Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Valwood West Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Southpoint & West Fork DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Marina West [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Crossroads DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| South Florida Industrial Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| BWI Commerce Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	30 years
Maximum [Member] \| IN Industrial Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| PA Industrial Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| 10th Street Business Park [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Hollins End Industrial Park [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Cactus Distribution Centers [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Gateway DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| BWI Commerce Center II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Foster Commerce Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Weston Business Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Houston Industrial Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Hartman Business Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Memphis Industrial Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	30 years
Maximum [Member] \| Baltimore Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	20 years
Maximum [Member] \| Columbia Park Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	30 years
Maximum [Member] \| Brandon Woods Distribution Center II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	30 years
Maximum [Member] \| Somerset Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	20 years
Maximum [Member] \| Agave Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Somerset Industrial Center II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	20 years
Maximum [Member] \| Industrial Parkway Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Kent Valley Distribution Center II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	30 years
Maximum [Member] \| Salt Lake City Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Chantilly DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	30 years
Maximum [Member] \| Washington DC Corporate Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	20 years
Maximum [Member] \| Burleson Business Park [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Raceway Crossing Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Aurora DC III [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	30 years
Maximum [Member] \| Pureland Industrial Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	20 years
Maximum [Member] \| Miami DC II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	30 years
Maximum [Member] \| Kent Valley DC III [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	20 years
Maximum [Member] \| Westfork & Southpoint [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	30 years
Maximum [Member] \| Chicago Distribution Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Miramar Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	30 years
Maximum [Member] \| Southaven & Chickasaw [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Englewood Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	20 years
Maximum [Member] \| Vista Point II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Freeport Crossing [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Houston Distribution Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	20 years
Maximum [Member] \| Sorenson Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Steamboat Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	30 years
Maximum [Member] \| Westport Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Clifton Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Hayward DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	30 years
Maximum [Member] \| Valley View Business Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| York Distribution Center II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Andover Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	20 years
Maximum [Member] \| Marina West Distribution Center II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	30 years
Maximum [Member] \| Beltway Crossing Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Gwinnett DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	20 years
Maximum [Member] \| Bluegrass Distribution Center I & II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	30 years
Maximum [Member] \| Northpointe Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	20 years
Maximum [Member] \| Fremont Distribution Center II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	20 years
Maximum [Member] \| Broadway 101 Commerce Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Lakeview Industrial Park [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	20 years
Maximum [Member] \| South San Francisco DC II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	20 years
Maximum [Member] \| Iron Run Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	20 years
Maximum [Member] \| Buckeye Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Valley Crossings Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	30 years
Maximum [Member] \| Artesia Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	20 years
Maximum [Member] \| Carlisle Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	30 years
Maximum [Member] \| Greenwood Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	30 years
Maximum [Member] \| Nashville Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Lehigh Valley Distribution Center II [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	20 years
Maximum [Member] \| York DC III [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Fairburn Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	30 years
Maximum [Member] \| Randall Crossing Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Waterfront Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	20 years
Maximum [Member] \| Beckwith Farms Distribution Center I [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Fairfield Portfolio [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	20 years
Maximum [Member] \| Kent Valley DC IV [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	30 years
Maximum [Member] \| South Bay Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Beckwith Farms DC II & III [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Landover DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	20 years
Maximum [Member] \| Denver Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Centerpointe Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Bedford Park Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| South San Francisco DC [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	20 years
Maximum [Member] \| Redlands Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Franklin Square Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	30 years
Maximum [Member] \| Orange County Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Miami Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Hofer Ranch Industrial Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Portland Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	30 years
Maximum [Member] \| Concours Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	30 years
Maximum [Member] \| Palo Verde Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	30 years
Maximum [Member] \| Sumner Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Ontario Mills Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Auburn Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	30 years
Maximum [Member] \| I-95 Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Capital Beltway Commerce Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	20 years
Maximum [Member] \| Northpoint Commerce Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Imperial Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Wesport Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Chino Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Beltway Crossing Distribution Center 5 & 6 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years
Maximum [Member] \| Cajon Distribution Center [Member]
Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life (Years)	40 years

Schedule_III_Real_Estate_and_A1

Schedule III Real Estate and Accumulated Depreciation (Parenthetical) (Detail) (USD $)	Dec. 31, 2014
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]
Real estate federal income tax basis	$3,800,000,000
Intangible lease assets, gross	380,500,000
Intangibles lease liabilities, gross	$37,200,000

Schedule_III_Real_Estate_and_A2

Schedule III Real Estate and Accumulated Depreciation - Summary of Activity for Investment in Real Estate Properties (Parenthetical) (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]
Investment Properties Beginning Balance	$3,674,871	$2,199,722
Acquisition of properties	145,770	1,427,812
Improvements, including development properties	124,485	47,337
Disposition of properties	-115,708
Investment Properties Ending Balance	3,829,418	3,674,871
Accumulated Depreciation Beginning Balance	-212,922	-91,302
Additions charged to costs and expenses	-150,500	-121,620
Disposition of properties charged to costs and expenses	15,978
Accumulated Depreciation Ending Balance	($347,444)	($212,922)