Carter Validus Mission Critical REIT 10-Q 14 Nov 14 2014 Q3 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	9 Months Ended
	Sep. 30, 2014	Nov. 10, 2014
Document And Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Sep-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q3	'
Entity Registrant Name	'Carter Validus Mission Critical REIT, Inc.	'
Entity Central Index Key	'0001482974	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Non-accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	173,922,000

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Sep. 30, 2014	Dec. 31, 2013
Real estate:	'	'
Land ($4,280 and $4,280 related to VIE)	$142,374,000	$92,052,000
Buildings and improvements ($95,695 and $95,529 related to VIE)	1,588,185,000	791,574,000
Construction in process	54,971,000	'
Acquired intangible assets ($16,189 and $16,189 related to VIE)	223,073,000	121,214,000
Total real estate, gross	2,008,603,000	1,004,840,000
Less: accumulated depreciation and amortization ($11,689 and $8,419 related to VIE)	-59,018,000	-27,619,000
Total real estate, net ($104,475 and $107,579 related to VIE)	1,949,585,000	977,221,000
Cash and cash equivalents ($261 and $411 related to VIE)	75,243,000	7,511,000
Real estate-related notes receivables, net	20,350,000	54,080,000
Other assets ($5,372 and $3,968 related to VIE)	52,498,000	25,852,000
Total assets	2,097,676,000	1,064,664,000
Liabilities:	'	'
Notes payable ($53,216 and $53,746 related to VIE)	387,730,000	201,177,000
Credit facility	75,000,000	152,000,000
Accounts payable due to affiliates ($69 and $15 related to VIE)	9,645,000	696,000
Accounts payable and other liabilities ($1,773 and $1,411 related to VIE)	31,709,000	15,546,000
Intangible lease liabilities, less accumulated amortization of $9,638 and $6,501, respectively ($14,937 and $16,410 related to VIE)	61,991,000	53,962,000
Total liabilities	566,075,000	423,381,000
Stockholders' equity:	'	'
Preferred stock, $0.01 par value per share, 50,000,000 shares authorized; none issued and outstanding	'	'
Common stock, $0.01 par value per share, 300,000,000 shares authorized; 173,807,656 and 73,238,145 shares issued, respectively; 173,411,808 and 73,137,569 shares outstanding, respectively	1,735,000	731,000
Additional paid-in capital	1,542,201,000	641,019,000
Accumulated distributions in excess of earnings	-84,177,000	-33,154,000
Accumulated other comprehensive (loss) income	-126,000	600,000
Total stockholders' equity	1,459,633,000	609,196,000
Noncontrolling interests	71,968,000	32,087,000
Total equity	1,531,601,000	641,283,000
Total liabilities and stockholders' equity	$2,097,676,000	$1,064,664,000

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Land	$142,374,000	$92,052,000
Buildings and improvements	1,588,185,000	791,574,000
Acquired intangible assets	223,073,000	121,214,000
Accumulated depreciation and amortization	59,018,000	27,619,000
Total real estate, net	1,949,585,000	977,221,000
Cash and cash equivalents	75,243,000	7,511,000
Other assets	52,498,000	25,852,000
Notes payable	387,730,000	201,177,000
Accounts payable due to affiliates	9,645,000	696,000
Accounts payable and other liabilities	31,709,000	15,546,000
Intangible lease liabilities, accumulated amortization	9,638,000	6,501,000
Intangible lease liabilities, net	61,991,000	53,962,000
Preferred stock, par value	$0.01	$0.01
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	300,000,000	300,000,000
Common stock, shares issued	173,807,656	73,238,145
Common stock, shares outstanding	173,411,808	73,137,569
Variable Interest Entity, Primary Beneficiary [Member]	'	'
Land	4,280,000	4,280,000
Buildings and improvements	95,695,000	95,529,000
Acquired intangible assets	16,189,000	16,189,000
Accumulated depreciation and amortization	11,689,000	8,419,000
Total real estate, net	104,475,000	107,579,000
Cash and cash equivalents	261,000	411,000
Other assets	5,372,000	3,968,000
Notes payable	53,216,000	53,746,000
Accounts payable due to affiliates	69,000	15,000
Accounts payable and other liabilities	1,773,000	1,411,000
Intangible lease liabilities, net	$14,937,000	$16,410,000

Condensed_Consolidated_Stateme

Condensed Consolidated Statements Of Comprehensive Income (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Revenue:	'	'	'	'
Rental and parking revenue	$38,486,000	$13,373,000	$91,287,000	$35,622,000
Tenant reimbursement revenue	4,164,000	2,537,000	10,259,000	6,852,000
Real estate-related notes receivables interest income	-257,000	1,936,000	2,174,000	4,195,000
Total revenue	42,393,000	17,846,000	103,720,000	46,669,000
Expenses:	'	'	'	'
Rental and parking expenses	6,108,000	3,155,000	14,429,000	8,526,000
General and administrative expenses	1,411,000	539,000	3,212,000	1,694,000
Acquisition related expenses	4,087,000	1,402,000	10,598,000	4,599,000
Asset management fees	4,078,000	457,000	9,538,000	2,083,000
Depreciation and amortization	13,002,000	4,727,000	31,275,000	12,591,000
Total expenses	28,686,000	10,280,000	69,052,000	29,493,000
Income from operations	13,707,000	7,566,000	34,668,000	17,176,000
Interest expense	5,201,000	3,119,000	13,428,000	9,025,000
Net income	8,506,000	4,447,000	21,240,000	8,151,000
Net income attributable to noncontrolling interests in consolidated partnerships	-1,152,000	-597,000	-2,437,000	-1,437,000
Net income attributable to common stockholders	7,354,000	3,850,000	18,803,000	6,714,000
Other comprehensive income (loss):	'	'	'	'
Unrealized (loss) income on interest rate swaps	-59,000	-683,000	-2,513,000	732,000
Reclassification of previous unrealized loss on interest rate swaps into net income	841,000	189,000	1,787,000	521,000
Other comprehensive income (loss)	782,000	-494,000	-726,000	1,253,000
Comprehensive income attributable to common stockholders	$8,136,000	$3,356,000	$18,077,000	$7,967,000
Weighted average number of common shares outstanding:	'	'	'	'
Basic	172,914,286	46,757,918	133,908,958	34,925,951
Diluted	172,931,516	46,774,585	133,928,250	34,944,118
Net income per common share attributable to common stockholders:	'	'	'	'
Basic	$0.04	$0.08	$0.14	$0.19
Diluted	$0.04	$0.08	$0.14	$0.19
Distributions declared per common share	$0.18	$0.18	$0.52	$0.52

Condensed_Consolidated_Stateme1

Condensed Consolidated Statement Of Stockholders' Equity (USD $)	Parent [Member]	Common Stock [Member]	Additional Paid in Capital [Member]	Accumulated Distributions in Excess of Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Noncontrolling Interests [Member]	Total
Balance, at Dec. 31, 2013	$609,196,000	$731,000	$641,019,000	($33,154,000)	$600,000	$32,087,000	$641,283,000
Balance, shares at Dec. 31, 2013	'	73,137,569	'	'	'	'	'
Issuance of common stock, shares	'	97,015,664	'	'	'	'	'
Issuance of common stock	966,209,000	970,000	965,239,000	'	'	'	966,209,000
Vesting of restricted stock, shares	'	8,250	'	'	'	'	'
Issuance of common stock under the distribution reinvestment plan, shares	'	3,545,598	'	'	'	'	'
Issuance of common stock under the distribution reinvestment plan	33,684,000	36,000	33,648,000	'	'	'	33,684,000
Contributions from noncontrolling interests	'	'	'	'	'	39,914,000	39,914,000
Distributions to noncontrolling interests	'	'	'	'	'	-2,470,000	-2,470,000
Distributions declared to common stockholders	-69,826,000	'	'	-69,826,000	'	'	-69,826,000
Commissions on sale of common stock and related dealer-manager fees	-90,665,000	'	-90,665,000	'	'	'	-90,665,000
Other offering costs	-4,273,000	'	-4,273,000	'	'	'	-4,273,000
Redemption of common stock, shares	'	-295,273	'	'	'	'	'
Redemption of common stock	-2,837,000	-2,000	-2,835,000	'	'	'	-2,837,000
Stock-based compensation	68,000	'	68,000	'	'	'	68,000
Other comprehensive loss	-726,000	'	'	'	-726,000	'	-726,000
Net income	18,803,000	'	'	18,803,000	'	2,437,000	21,240,000
Balance, at Sep. 30, 2014	$1,459,633,000	$1,735,000	$1,542,201,000	($84,177,000)	($126,000)	$71,968,000	$1,531,601,000
Balance, shares at Sep. 30, 2014	'	173,411,808	'	'	'	'	'

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements Of Cash Flow (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Cash flows from operating activities:	'	'
Consolidated net income	$21,240	$8,151
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation and amortization	31,275	12,591
Amortization of deferred financing costs	1,893	822
Amortization of intangible lease assets	145	120
Amortization of intangible lease liabilities	-3,147	-2,917
Amortization of origination costs and commitment fees	1,167	-236
Straight-line rent	-11,634	-3,631
Stock-based compensation	68	51
Changes in operating assets and liabilities:	'	'
Accounts payable and other liabilities	4,635	3,302
Accounts payable due to affiliates	8,949	9
Other assets	-1,244	-1,784
Net cash provided by operating activities	53,347	16,478
Cash flows from investing activities:	'	'
Investment in real estate	-952,950	-233,483
Development expenditures	-13,074	-378
Investment in real estate-deposits	-1,560	573
Other deposits	'	-167
Real estate-related notes receivables advances	-14,644	-63,650
Collections of real estate-related notes receivables	27,500	37,300
Origination costs net of commitment fees related to real estate-related notes receivables	-293	-1,141
Net cash used in investing activities	-955,021	-260,946
Cash flows from financing activities:	'	'
Proceeds from notes payable	191,466	14,000
Payments on notes payable	-4,913	-2,422
Proceeds from credit facility	20,000	17,500
Payments of credit facility	-97,000	-18,000
Payments of deferred financing costs	-7,047	-3,763
Repurchase of common stock	-2,837	-273
Offering costs on issuance of common stock	-94,938	-38,508
Distributions to stockholders	-30,312	-8,900
Proceeds from issuance of common stock	966,209	333,331
Payments to escrow funds	-12,137	-2,297
Collections of escrow funds	3,471	2,016
Proceeds from noncontrolling interest in consolidated partnerships	39,914	'
Distributions to noncontrolling interests in consolidated partnerships	-2,470	-2,331
Net cash provided by financing activities	969,406	290,353
Net change in cash	67,732	45,885
Cash and cash equivalents - Beginning of period	7,511	4,377
Cash and cash equivalents - End of period	75,243	50,262
Supplemental disclosure of non-cash transactions:	'	'
Common stock issued through distribution reinvestment plan	33,684	7,452
Net unrealized (loss) gain on interest rate swap	-726	1,253
Real estate-related notes receivables converted to investment in real estate	20,000	'
Accrued contingent consideration	5,030	'
Supplemental cash flow disclosure:	'	'
Interest paid, net of interest capitalized of $1,362	$12,491	$8,506

Condensed_Consolidated_Stateme3

Condensed Consolidated Statements Of Cash Flow (Parenthetical) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014
Condensed Consolidated Statements Of Cash Flow [Abstract]	'
Interest capitalized	$1,362

Organization_and_Business_Oper

Organization and Business Operations	9 Months Ended
	Sep. 30, 2014
Organization and Business Operations [Abstract]	'
Organization and Business Operations	'
	Note 1—Organization and Business Operations
	Carter Validus Mission Critical REIT, Inc., or the Company, a Maryland corporation, was incorporated on December 16, 2009 and currently is treated and qualifies as a real estate investment trust, or a REIT, under the Internal Revenue Code of 1986, as amended, or the Code, for federal income tax purposes. The Company was organized to acquire and operate a diversified portfolio of income producing commercial real estate, with a focus on the data center and medical sectors, net leased to investment grade and other creditworthy tenants, as well as to make other real estate investments that relate to such property types. The Company operates through two reportable segments – data centers and medical facilities.
	On March 23, 2010, the Company filed a registration statement on Form S-11 under the Securities Act of 1933, as amended, or the Securities Act, to offer for sale to the public on a “best efforts” basis a maximum of 150,000,000 shares of common stock at a price of $10.00 per share, and up to 25,000,000 additional shares of common stock pursuant to a distribution reinvestment plan, or DRIP, under which the Company’s stockholders may elect to have distributions reinvested in additional shares at the higher of $9.50 per share or 95% of the fair market value per share as determined by the Company’s board of directors, or the Offering, for a maximum offering of up to $1,737,500,000. The registration statement for the Offering was first declared effective by the Securities and Exchange Commission, or the SEC, on December 10, 2010.
	On May 16, 2014, the Company reallocated $187,500,000 in shares of common stock from the DRIP offering to the primary  offering. As a result, the Company was authorized to sell a maximum of 168,750,000 shares of common stock at a price of $10.00 per share, and up to 6,250,000 additional shares of common stock pursuant to the DRIP, for a maximum offering of up to $1,746,875,000.
	On June 6, 2014, the Offering terminated. The Company raised gross proceeds of approximately $1,716,046,000 in the Offering (including shares of common stock pursuant to the DRIP).
	On April 14, 2014, the Company filed a registration statement on Form S-3 under the Securities Act to register $100,000,000 in shares of common stock pursuant to the DRIP, or the Second DRIP, which will offer existing stockholders a convenient method for purchasing additional shares of common stock by reinvesting cash distributions without paying any selling commissions, fees or service charges. The registration statement became effective with the SEC automatically upon filing; however, the Company did not commence offering shares pursuant to the Second DRIP until June 7, 2014 following the termination of the Offering. As of September 30, 2014, approximately 1,180,000 shares of common stock were issued pursuant to the Second DRIP. As of September 30, 2014, approximately 9,346,000 shares of common stock were remaining in the Second DRIP.
	On October 11, 2013, the Company filed with the SEC a registration statement on Form S-11 under the Securities Act with respect to a proposed follow-on offering of up to $240,000,000 of shares of common stock to be offered pursuant to a primary offering, and up to $10,000,000 of shares of common stock to be offered pursuant to the DRIP, or the Follow-On Offering.  On July 11, 2014, the Company withdrew the registration statement related to the Follow-On Offering. The Company did not issue any shares in connection with the Follow-On Offering as it was not declared effective by the SEC.
	Substantially all of the Company’s business is conducted through Carter/Validus Operating Partnership, LP, a Delaware limited partnership, or the Operating Partnership. The Company is the sole general partner of the Operating Partnership. Carter/Validus Advisors, LLC, or the Advisor, the Company’s affiliated advisor, is the sole limited partner of the Operating Partnership.
	The Advisor acts as the Company’s advisor pursuant to an advisory agreement, as amended, or the Advisory Agreement. The Advisor is responsible for managing the Company’s affairs on a day-to-day basis, identifying and making acquisitions and investments on the Company’s behalf and making recommendations as to dispositions of assets. The Company’s board of directors exercises its fiduciary duties in reviewing these recommendations and determining whether to approve or reject proposed transactions. The Advisor also provides asset management, marketing, investor relations and other administrative services on the Company’s behalf. The Advisory Agreement has a term of one-year and is reconsidered on an annual basis by the board of directors. The Company has no employees and relies upon the Advisor to provide substantially all services.
	Carter Validus Real Estate Management Services, LLC, or the Property Manager, a wholly owned subsidiary of Carter/Validus REIT Investment Management Company, LLC, the Company’s sponsor, serves as the Company’s property manager. SC Distributors, LLC, or the Dealer Manager, was organized in March 2009 and served as the dealer manager for the Offering. On August 29, 2014, Validus/Strategic Capital Partners (now Strategic Capital Management Holdings, LLC), the indirect parent of the Dealer Manager, was acquired by RCS Capital Corp. There has been no impact to the operations of the Company as a result of this transaction. The Dealer Manager received compensation and fees for services related to the Offering. The Advisor, and the Property Manager received, and will receive, fees during the acquisition and operational stages and will receive fees during the liquidation stage of the Company.
	Except as the context otherwise requires, “we,” “our,” “us,” and the “Company” refer to Carter Validus Mission Critical REIT, Inc., the Operating Partnership, all majority-owned subsidiaries and controlled subsidiaries.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2014
Summary of Significant Accounting Policies [Abstract]	'
Summary of Significant Accounting Policies	'
	Note 2—Summary of Significant Accounting Policies
	The summary of significant accounting policies presented below is designed to assist in understanding the Company’s condensed consolidated financial statements. Such condensed consolidated financial statements and the accompanying notes thereto are the representation of management. The accompanying condensed consolidated unaudited financial statements of the Company have been prepared in accordance with the generally accepted accounting principles in the United States, or GAAP, for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. In the opinion of management, all adjustments, consisting of normal and recurring nature considered necessary for a fair presentation have been included. Operating results for the three and nine months ended September 30, 2014 are not necessarily indicative of the results that may be expected for the year ending December 31, 2014.
	The condensed consolidated balance sheet at December 31, 2013 has been derived from the audited consolidated financial statements at that date but does not include all of the information and notes required by GAAP for complete financial statements. The information included in this Quarterly Report on Form 10-Q should be read in conjunction with the Company’s audited consolidated financial statements as of and for the year ended December 31, 2013 and related notes thereto set forth in the Company’s Annual Report on Form 10-K, filed with the SEC on March 19, 2014.
	Principles of Consolidation and Basis of Presentation
	The accompanying condensed consolidated financial statements include the accounts of the Company, the Operating Partnership, all majority-owned subsidiaries and controlled subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation.
	Use of Estimates
	The preparation of the financial statements in conformity with GAAP necessarily 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 condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
	Concentration of Credit Risk and Significant Leases
	As of September 30, 2014, the Company had cash on deposit, including restricted cash, in 11 financial institutions, 10 of which had deposits in excess of current federally insured levels totaling $87.3 million; however, the Company has not experienced any losses in such accounts. The Company limits its cash investments to financial institutions with high credit standing; therefore, the Company believes it is not exposed to any significant credit risk on its cash deposits. To date, the Company has experienced no loss or lack of access to cash in its accounts. Concentration of credit risk with respect to accounts receivable from tenants is limited.
	As of September 30, 2014, the Company owned real estate investments in 33 metropolitan statistical areas, or MSAs, (including two real estate investments owned through consolidated partnerships), one of which accounted for 10.0% or more of rental revenue. Real estate investments located in the Dallas-Ft. Worth-Arlington, Texas area accounted for an aggregate of 18.6% of rental revenue for the nine months ended September 30, 2014.
	As of September 30, 2014, the Company had one tenant that accounted for 10.0% or more of rental revenue. The leases with AT&T Services, Inc. accounted for 21.0% of rental revenue for the nine months ended September 30, 2014.
	Share Repurchase Program
	The Company approved a share repurchase program that allows for repurchases of shares of the Company’s common stock when certain criteria are met. The share repurchase program provides that all redemptions during any calendar year, including those upon death or a qualifying disability of a stockholder, are limited to those that can be funded with proceeds raised from the DRIP.
	Repurchases of shares of the Company’s common stock are at the sole discretion of the Company’s board of directors. In addition, the Company’s board of directors, at its sole discretion, may amend, suspend, reduce, terminate or otherwise change the share repurchase program upon 30 days’ prior notice to the Company’s stockholders for any reason it determines appropriate. During the nine months ended September 30, 2014, the Company received valid redemption requests related to approximately 295,000 shares of common stock, all of which were redeemed for an aggregate purchase price of approximately $2,837,000 (an average of $9.62 per share). During the nine months ended September 30, 2013, the Company received valid redemption requests related to approximately 29,000 shares of common stock, all of which were redeemed for an aggregate purchase price of approximately $273,000 (an average of $9.41 per share).
	Earnings Per Share
	Basic earnings per share attributable for all periods presented are computed by dividing net income attributable to common stockholders by the weighted average number of shares of common stock outstanding during the period. Shares of non-vested restricted common stock give rise to potentially dilutive shares of common stock. Diluted earnings per share are computed based on the weighted average number of shares outstanding and all potentially dilutive securities. Diluted earnings per share reflect the effect of approximately 17,000 shares and 17,000 shares for the three months ended September 30, 2014 and 2013, respectively, and 19,000 shares and 18,000 shares for the nine months ended September 30, 2014 and 2013, respectively, of non-vested shares of restricted common stock that were outstanding as of such period.
	Interest Capitalization
	Interest incurred related to the renovation of acquired real estate investments is capitalized during the renovation period. The Company capitalized interest of approximately $831,000 and $1,362,000 for the three and nine months ended September 30, 2014, respectively, and $0 for the three and nine months ended September 30, 2013.
	Recently Issued Accounting Pronouncements
	In April 2014, the financial accounting standards board, or the FASB, issued ASU 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity, or ASU 2014-08. ASU 2014-08 changes the criteria for reporting discontinued operations while enhancing disclosures in this area. Under the new guidance, only disposals representing a strategic shift in operations should be presented as discontinued operations. Those strategic shifts should have a major effect on the company’s operations and financial results. Examples include a disposal of a major geographic area, a major line of business, or a major equity method investment. Additionally, the new guidance requires expanded disclosures about discontinued operations that will provide financial statement users with more information about the assets, liabilities, income, and expenses of discontinued operations. The adoption of ASU 2014-08 is effective prospectively for reporting periods beginning on or after December 15, 2014. The Company does not expect the adoption of ASU 2014-08 to have a material effect on the Company’s condensed consolidated financial statements.
	In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers, or ASU 2014-09. The objective of ASU 2014-09 is to clarify the principles for recognizing revenue and to develop a common revenue standard for GAAP. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods and services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU 2014-09 defines a five-step process to achieve this core principle, which may require more judgment and estimates within the revenue recognition process than are required under existing GAAP. The adoption of ASU 2014-09 is effective retrospectively for reporting periods beginning after December 15, 2016. Early adoption of ASU 2014-09 is not permitted. The Company is in the process of evaluating the impact ASU 2014-09 will have on the Company’s consolidated financial statements.
	Reclassifications
	Certain prior period amounts have been reclassified to conform to the current financial statement presentation, with no effect on the Company’s condensed consolidated financial position or results of operations.

Real_Estate_Investments

Real Estate Investments	9 Months Ended
	Sep. 30, 2014
Real Estate Investments [Abstract]	'
Real Estate Investments	'
	Note 3—Real Estate Investments
	The Company reimburses the Advisor, or its affiliates, for acquisition expenses related to selecting, evaluating, acquiring and investing in properties. The reimbursement of acquisition expenses, acquisition fees and real estate commissions and other fees paid will not exceed, in the aggregate, 6.0% of the contract purchase price or total development costs of a certain acquisition, unless fees in excess of such limits are approved by a majority of the Company’s disinterested directors, including a majority of its independent directors. For the nine months ended September 30, 2014 and 2013, acquisition fees and acquisition related costs totaled $22,878,000 and $6,443,000, respectively, which did not exceed 6.0% of the purchase price of the Company’s acquisitions during such periods. Acquisition fees and expenses in connection with the acquisition of properties determined to be business combinations are expensed as incurred, including investment transactions that are no longer under consideration, and are included in acquisition related expenses in the accompanying condensed consolidated statements of comprehensive income. Acquisition fees and expenses associated with transactions determined to be an asset purchase are capitalized. The Company expensed acquisition fees and expenses of approximately $4,087,000 and $1,402,000 for the three months ended September 30, 2014 and 2013, respectively, and $10,598,000 and $4,599,000, for the nine months ended September 30, 2014 and 2013, respectively. The Company capitalized acquisition fees and expenses of approximately $7,451,000 and $1,844,000 for the three months ended September 30, 2014 and 2013, respectively, and $12,280,000 and $1,844,000 for the nine months ended September 30, 2014 and 2013, respectively.
	2014 Real Estate Investments
	During the nine months ended September 30, 2014, the Company completed fourteen real estate acquisitions, of which eight of the real estate acquisitions were determined to be business combinations and six of the real estate acquisitions were determined to be asset acquisitions. The following table summarizes the cash paid for investments in real estate (amounts in thousands):
		Nine Months Ended
		30-Sep-14
	Investments in real estate:
	Purchase price of business combinations	$	469,586
	Purchase price of asset acquisitions (1)		508,394
	Total purchase price of assets acquired		977,980
	Non-cash transactions:
	Real estate-related notes receivables converted to investment in real estate		20,000
	Contingent consideration (2)		5,030
	Cash paid for investments in real estate (3)	$	952,950
	(1)Of this amount, $53,697,000 was allocated to intangible assets.
	(2)Liabilities for contingent consideration are measured at fair value each reporting period with the acquisition-date fair value included as part of the consideration transferred, and subsequent changes to fair value will be recorded within earnings. See Note 15—“Fair Value” for information about fair value measurements of contingent consideration liabilities.
	(3)In connection with the acquisition of two real estate investments, the Company obtained financing of $134,000,000, with the remaining balance of the purchase price paid using cash proceeds from the Offering.
	Consolidated Partnership
	Bay Area Regional Medical Center
	On July 11, 2014, the Company, through a majority owned consolidated subsidiary of the Operating Partnership, completed the acquisition of a medical center, or the Bay Area Regional Medical Center, located in Webster, Texas, for the purchase price of $198,000,000, plus closing costs. The acquisition of the Bay Area Regional Medical Center was funded by a $100,000,000 loan, $39,900,000 in equity investment from an unaffiliated investor in exchange for a 40% ownership interest and the Operating Partnership funded $73,847,000 in equity investment in exchange for a 60% ownership interest with net proceeds from the Offering. Upon acquisition, the Company recorded the fair value of noncontrolling interest at $39,900,000.
	On July 7, 2014, the Operating Partnership entered into a limited liability agreement, or the Agreement, with the unaffiliated investor. The material terms of the Agreement provide for the following: (a) the Operating Partnership will serve as the manager of the partnership and will have exclusive and complete responsibility for the operations and management of the partnership; provided, however, that the investor has approval rights over certain major decisions; (b) the Operating Partnership, through its wholly owned subsidiary, and the investor will be entitled to a property management fee equal to 3% of their pro rata share of the net rental revenues from the property; (c) earnings are allocated to the Operating Partnership and the unaffiliated investor in proportion to their respective ownership percentage; (d) upon the request of the tenant, the Operating Partnership will contribute up to an additional $35,000,000 related to the build out of the property and upon the receipt of additional funding the ownership interest in partnership will be adjusted proportionally to each partner’s investment and (e) the investor may sell its ownership interest and the Operating Partnership has the right (but not obligation) to first purchase the investor interest at the purchase price, based on the price of percentage of ownership interest.

Acquired_Intangible_Assets_Net

Acquired Intangible Assets, Net	9 Months Ended
	Sep. 30, 2014
Acquired Intangible Assets, Net [Abstract]	'
Acquired Intangible Assets, Net	'
	Note 4—Acquired Intangible Assets, Net
	Acquired intangible assets, net, which are included in real estate in the accompanying condensed consolidated balance sheets, consisted of the following as of September 30, 2014 and December 31, 2013 (amounts in thousands):
		30-Sep-14		31-Dec-13
	In-place leases, net of accumulated amortization of $16,816 and $7,954, respectively (with a weighted average remaining life of 15.2 years and 14.6 years, respectively)	$	199,796	$	109,342
	Above-market leases, net of accumulated amortization of $439 and $294, respectively (with a weighted average remaining life of 11.6 years and 8.6 years, respectively)		3,207		846
	Ground lease interest, net of accumulated amortization of $119 and $78, respectively (with a weighted average remaining life of 61.4 years and 62.8 years, respectively)		2,696		2,700
		$	205,699	$	112,888
	The aggregate weighted average remaining life of the acquired intangible assets was 15.8 years and 15.7 years as of September 30, 2014 and December 31, 2013, respectively.

Other_Assets

Other Assets	9 Months Ended
	Sep. 30, 2014
Other Assets [Abstract]	'
Other Assets	'
	Note 5—Other Assets
	Other assets consisted of the following as of September 30, 2014 and December 31, 2013 (amounts in thousands):
		30-Sep-14		31-Dec-13
	Deferred financing costs, net of accumulated amortization of $3,643
	and $1,750, respectively	$	11,954	$	6,800
	Lease commissions, net of accumulated amortization of $40
	and $21, respectively		313		203
	Investments in unconsolidated partnerships		108		116
	Accounts receivable		2,356		1,025
	Straight-line rent receivable		19,536		7,902
	Restricted cash held in escrow		13,910		5,246
	Real estate escrow deposits		250		5
	Restricted cash		1,370		1,142
	Derivative assets		550		644
	Accrued interest receivable from real estate-related notes receivables		152		1,850
	Prepaid and other assets		1,999		919
		$	52,498	$	25,852

Investment_in_Real_EstateRelat

Investment in Real Estate-Related Notes Receivables, Net	9 Months Ended
	Sep. 30, 2014
Investment in Real Estate-Related Notes Receivables, Net [Abstract]	'
Investment in Real Estate-Related Notes Receivables, Net	'
	Note 6— Investment in Real Estate-Related Notes Receivables, Net
	As of September 30, 2014, the Company had investments in three real estate-related notes receivables, which are loans made that the Company intends to hold to maturity. Accordingly, real estate-related notes receivables are recorded at stated principal amounts net of any discount or premium and deferred loan origination costs or fees. The related discounts or premiums are accreted or amortized over the life of the real estate-related note receivables, as applicable. The Company defers certain loan origination and commitment fees and amortizes them as an adjustment of yield over the term of the real estate-related note receivable. The related accretion of discounts and/or amortization of premiums and origination costs are recorded in interest income in the accompanying condensed consolidated statements of comprehensive income. Real estate-related notes receivables interest income for the three months ended September 30, 2014 and 2013 was $(257,000) and $1,936,000, respectively, and for the nine months ended September 30, 2014 and 2013 was $2,174,000 and $4,195,000, respectively. Real estate-related notes receivables interest income for the three months ended September 30, 2014 in the amount of $(257,000) primarily related to expenses associated with amortization of loan origination fees of $766,000 in connection with the repayment of the Bay Area Preferred Equity Loan on July 11, 2014.
	As of September 30, 2014 and December 31, 2013, the aggregate balance on the Company’s investment in real estate-related notes receivables, net was $20,350,000 and $54,080,000, respectively. As of September 30, 2014, the Company had fixed rate notes receivables with interest rates ranging from 8.0% to 12.0% per annum and a weighted average interest rate of 8.6% per annum.
	Real estate-related notes receivables consisted of the following as of September 30, 2014 and December 31, 2013 (amounts in thousands):
					Outstanding Balance as of
	Real Estate-Related Notes Receivables, Net	Interest Rate		Maturity Date	30-Sep-14		31-Dec-13
	Bay Area Preferred Equity Loan (1)	17.0%	-4	11/30/18	$	—	$	23,247
	Walnut Hill Property Company Loan (1),(5)	10.0%		2/28/18		—		20,327
	Medistar Loan (3)	8.0%		-2		9,500		9,500
	MM Peachtree Holdings (1)	12.0%		12/31/21		514		514
	Landmark Loan (1),(3)	9.0%		12/17/15		10,336		492
					$	20,350	$	54,080
	(1)Unconsolidated VIE. The maximum exposure to loss related to the Company’s variable interest in unconsolidated VIEs is limited to the outstanding balances of the respective real estate-related notes receivables. The Company may be subject to additional losses to the extent of any receivables relating to future funding.
	(2)The Medistar Loan, previously known as the Walnut Hill Bridge Loan, matures upon the earlier to occur of: (i) the sale or refinancing of the property under construction for which proceeds from the loan were used and (ii) December 31, 2014.
	(3)As of September 30, 2014, an affiliate of the Company had an option to purchase the respective property under construction when the construction is completed.
	(4)On March 25, 2014, the Company increased the aggregate borrowing amount by $5,000,000 to $27,500,000. The additional $5,000,000 bore interest at a per annum rate equal to 10.0%. On July 11, 2014, in connection with the acquisition of the Bay Area Regional Medical Center, located in Webster, Texas, the borrower paid off the outstanding principal and accrued interest in the amount of $29,401,000 on the Bay Area Preferred Equity Loan.
	(5)On February 25, 2014, in connection with the acquisition of the Walnut Hill Medical Center, located in Dallas, Texas the Company applied the Walnut Hill Property Company Loan outstanding principal amount of $20,000,000 to reduce the cash paid at acquisition.
	The Company evaluates the collectability of both interest and principal on each real estate-related note receivable to determine whether it is collectible, primarily through the evaluation of the credit quality indicators, such as underlying collateral and payment history. The Company does not intend to sell its investments in real estate-related notes receivables and it is not likely that the Company will be required to sell its investments in real estate-related notes receivables before recovery of their amortized costs basis, which may be at maturity. No impairment losses were recorded related to investments in real estate-related notes receivables for the three and nine months ended September 30, 2014 and 2013. In addition, no allowances for uncollectability were recorded related to investments in real estate-related notes receivables as of September 30, 2014 and December 31, 2013.

Future_Minimum_Rent

Future Minimum Rent	9 Months Ended
	Sep. 30, 2014
Future Minimum Rent [Abstract]	'
Future Minimum Rent	'
	Note 7—Future Minimum Rent
	The Company’s real estate assets are leased to tenants under operating leases with varying terms. The leases frequently have provisions to extend the lease agreement. The Company retains substantially all of the risks and benefits of ownership of the real estate assets leased to tenants. As of September 30, 2014, the weighted average remaining lease term was 12.5 years.
	The future minimum rental income from the Company’s investments in real estate assets under non-cancelable operating leases for the three months ending December 31, 2014, and for each of the next four years ending December 31 and thereafter, are as follows (amounts in thousands):
	Year	Amount
	Three months ending December 31, 2014	$	37,552
	2015		152,031
	2016		154,060
	2017		156,628
	2018		159,735
	Thereafter		1,744,210
		$	2,404,216

Notes_Payable

Notes Payable	9 Months Ended
	Sep. 30, 2014
Notes Payable [Abstract]	'
Notes Payable	'
	Note 8—Notes Payable
	During the nine months ended September 30, 2014, the Company entered into five notes payable collateralized by real estate assets in the aggregate amount of $297,316,000 as follows: on January 27, 2014, the Company originated a $20,466,000 note payable with a variable interest rate at the 30-day London interbank offered rate, or LIBOR, plus 335 basis points with a maturity date of January 26, 2019, subject to the Company’s right to two 12-month extensions; on February 25, 2014, the Company originated a $34,000,000 note payable with a variable interest rate at the 30-day LIBOR rate plus 400 basis points with a maturity date of February 25, 2019, which was fixed through an interest rate swap agreement to effectively fix the variable interest rate on the loan at 6.2% per annum; on February 26, 2014, the Company originated a $37,000,000 note payable with a variable interest rate at the 30-day LIBOR rate plus 225 basis points with a maturity date of February 26, 2019, which was fixed through an interest rate swap agreement to effectively fix the variable interest rate on the loan at 3.8% per annum. The Company has an option to draw an additional $37,000,000 under this note payable until February 26, 2015. On July 11, 2014, the Company originated a $100,000,000 note payable with a variable interest rate at the 30-day LIBOR rate plus 450 basis points for a period of eighteen months and 400 basis points after the eighteen month period with a maturity date of July 11, 2019, which $75,000,000 of the $100,000,000 was fixed through an interest rate swap agreement to effectively fix the variable interest rate on the loan at 6.3% per annum; on August 21, 2014, the Company originated a $105,850,000 note payable with a variable interest rate at the 30-day LIBOR rate plus 265 basis points with a maturity date of August 21, 2017, subject to the Company’s right to one 24-month extension. On October 1, 2014 the Company drew down $105,850,000 under this note payable.
	Notes payable consisted of the following as of September 30, 2014 and December 31, 2013 (amounts in thousands):
		30-Sep-14		31-Dec-13
	Fixed rate notes payable	$	135,002	$	137,049
	Variable rate notes payable		45,009		—
	Variable rate notes payable fixed through interest rate swaps		207,719		64,128
	Total notes payable	$	387,730	$	201,177
	As of September 30, 2014, the notes payable had interest rates ranging from 3.5% to 6.3% and a weighted average interest rate of 5.1%. The notes payable mature on various dates from August 2016 through April 2022.
	The following is a summary of the change in carrying amounts of notes payable for the nine months ended September 30, 2014 and 2013 (amounts in thousands):
		Nine Months Ended
		September 30,
		2014		2013
	Beginning balance	$	201,177	$	156,847
	Additions:
	Notes payable originations		191,466		14,000
	Deductions:
	Scheduled principal payments on notes payable		-4,913		-2,422
	Ending Balance	$	387,730	$	168,425
	The principal payments due on the notes payable for the three months ending December 31, 2014, and for each of the next four years ending December 31 and thereafter, are as follows (amounts in thousands):
	Year	Principal Payments		Balloon Payments		Amount
	Three months ending December 31, 2014	$	2,620	$	—	$	2,620
	2015		10,799		—		10,799
	2016		10,797		13,441		24,238
	2017		10,161		74,325		84,486
	2018		8,299		45,405		53,704
	Thereafter		6,422		205,461		211,883
		$	49,098	$	338,632	$	387,730

Credit_Facility

Credit Facility	9 Months Ended
	Sep. 30, 2014
Credit Facility [Abstract]	'
Credit Facility	'
	Note 9—Credit Facility
	On May 28, 2014, the Operating Partnership amended certain agreements related to the Company’s credit facility, or the KeyBank Credit Facility, to include American Momentum Bank, RBS Citizens, N.A., and United Community Bank as lenders and to increase the maximum commitments available under the KeyBank Credit Facility from $225,000,000 to an aggregate of up to $365,000,000, consisting of a $290,000,000 revolving line of credit, with a maturity date of May 28, 2017, subject to the Operating Partnership’s right to a 12-month extension, and $75,000,000 in term loans, with a maturity date of May 28, 2018, subject to the Operating Partnership’s right to a 12-month extension. The new and existing lenders agreed to make the loans on an unsecured basis (previously all loans were secured by a perfected first priority lien and security interest on the mortgaged properties). The proceeds of loans made under the KeyBank Credit Facility may be used to finance the acquisition of real estate investments, capital expenditures with respect to real estate and for general corporate working capital purposes. The KeyBank Credit Facility can be increased to $500,000,000 under certain circumstances.
	In connection with the amendment to the KeyBank Credit Facility, the annual interest rate payable under the KeyBank Credit Facility was decreased to, at the Operating Partnership’s option, either (a) LIBOR, plus an applicable margin ranging from 1.75% to 2.25% (the margin rate was previously set at a range from 2.25% to 3.00%), which is determined based on the overall leverage of the Operating Partnership; or (b) a base rate, which means, for any day, a fluctuating rate per annum equal to the prime rate for such day, plus an applicable margin ranging from 0.75% to 1.25% (the margin rate was previously set at a range from 1.00% to 1.75%), which is determined based on the overall leverage of the Operating Partnership. Additionally, the requirement to pay a fee on the unused portion of the lenders’ commitments under the KeyBank Credit Facility was reduced from 0.30% per annum to 0.25% per annum if the average daily amount outstanding balance under the KeyBank Credit Facility is less than 50% of the lenders’ commitments, and from 0.20% per annum to 0.15% per annum if the average daily amount outstanding under the KeyBank Credit Facility is greater than 50% of the lenders’ commitments. The unused fee is payable quarterly in arrears.
	In connection with the KeyBank Credit Facility, the Operating Partnership entered into interest swap agreements with KeyBank National Association to effectively fix LIBOR on $55,000,000 out of $75,000,000 of the term loans. The weighted average rate of the fixed portion of the term loans of the KeyBank Credit Facility was 0.91%, resulting in an interest rate ranging from 2.66% to 3.16% per annum. The revolving line of credit and the term loans can be prepaid prior to maturity without penalty; provided, however, that any portion of the term loans that is prepaid may not be reborrowed, and the Operating Partnership may be subject to a breakage fee under the swap agreements, if applicable.
	The actual amount of credit available under the KeyBank Credit Facility is a function of certain loan-to-cost, loan-to-value, debt yield and debt service coverage ratios. The credit available to the Operating Partnership under the KeyBank Credit Facility will be a maximum principal amount of the value of the assets that are included in the unencumbered pool. During the nine months ended September 30, 2014, the Company paid down $97,000,000 under the KeyBank Credit Facility. As of September 30, 2014, the total unencumbered pool availability under the KeyBank Credit Facility was $365,000,000. As of September 30, 2014, the Company had an outstanding balance of $75,000,000 under the KeyBank Credit Facility and had an aggregate unencumbered pool availability of $290,000,000.

Intangible_Lease_Liabilities_N

Intangible Lease Liabilities, Net	9 Months Ended
	Sep. 30, 2014
Intangible Lease Liabilities, Net [Abstract]	'
Intangible Lease Liabilities, Net	'
	Note 10—Intangible Lease Liabilities, Net
	Intangible lease liabilities, net consisted of the following as of September 30, 2014 and December 31, 2013 (amounts in thousands):
		30-Sep-14		31-Dec-13
	Below-market leases, net of accumulated amortization of $9,616 and $6,501, respectively (with a weighted average remaining life of 17.6 years and 18.5 years, respectively)	$	56,688	$	53,962
	Ground leasehold liabilities, net of accumulated amortization of $22 and $0, respectively (with a weighted average remaining life of 44.4 years and 0 years, respectively)		5,303		-
		61,991		53,962
	The aggregate weighted average remaining life of intangible lease liabilities was 19.9 years and 18.5 years as of September 30, 2014 and December 31, 2013, respectively.

Commitments_and_Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2014
Commitments and Contingencies [Abstract]	'
Commitments and Contingencies	'
	Note 11—Commitments and Contingencies
	Litigation
	In the ordinary course of business, the Company may become subject to litigation or claims. As of September 30, 2014, there were, and currently there are, no material pending legal proceedings to which the Company is a party.

RelatedParty_Transactions_and_

Related-Party Transactions and Arrangements	9 Months Ended
	Sep. 30, 2014
Related-Party Transactions and Arrangements [Abstract]	'
Related-Party Transactions and Arrangements	'
	Note 12—Related-Party Transactions and Arrangements
	Certain affiliates of the Company received fees and compensation in connection with the Offering and will continue to receive fees during the acquisition, management and sale of the assets of the Company. The Dealer Manager received a selling commission of up to 7.0% of gross offering proceeds. In addition, the Dealer Manager received up to 2.75% of gross offering proceeds as a dealer manager fee. The Dealer Manager, in its sole discretion, re-allowed all or a portion of its dealer manager fee to participating broker-dealers as a marketing and due diligence expense reimbursement. The Company paid the Dealer Manager approximately $61,871,000 and $13,556,000 for the three months ended September 30, 2014 and 2013, respectively, and $90,665,000 and $30,904,000 for the nine months ended September 30, 2014 and 2013, respectively, for selling commissions and dealer manager fees in connection with the Offering. On June 6, 2014, the Offering terminated.
	Organization and offering expenses were paid by the Advisor, or its affiliates, on behalf of the Company. The Advisor was reimbursed for actual expenses incurred up to 15.0% of the gross offering proceeds (including selling commissions and the dealer manager fee from the sale of shares of the Company’s common stock in the Offering, other than shares of common stock sold pursuant to the DRIP). For the three months ended September 30, 2014 and 2013, the Company reimbursed $144,000 and $3,068,000, respectively, and for the nine months ended September 30, 2014 and 2013, the Company reimbursed $1,135,000 and $7,604,000, respectively, in offering expenses to the Advisor, or its affiliates. Other organization expenses were expensed as incurred and offering costs are reported in the accompanying condensed consolidated statement of stockholders’ equity.
	The Company pays the Advisor, or its affiliates, an acquisition and advisory fee in the amount of 2.0% of the contract purchase price of each asset or loan the Company acquires or originates. In addition, the Company reimburses the Advisor for all acquisition expenses it incurs on the Company’s behalf, but only to the extent the total amount of all acquisition fees and acquisition expenses is limited to 6.0% of the contract purchase price. For the three months ended September 30, 2014 and 2013, the Company incurred $9,379,000 and $2,615,000, respectively, and for the nine months ended September 30, 2014 and 2013, the Company incurred $18,684,000 and $4,633,000, respectively, in acquisition fees to the Advisor, or its affiliates. During the three months ended September 30, 2014 and 2013, the Company paid $136,000 and $707,000, respectively, and for the nine months ended September 30, 2014 and 2013, the Company paid $293,000 and $1,004,000, respectively, in advisory fees to the Advisor, or its affiliates, related to investments in notes receivables.
	The Company incurs an annual asset management fee of 1.0% of the aggregate asset value plus costs and expenses incurred by the Advisor in providing asset management services. The fee is payable monthly in an amount equal to 0.08333% of the aggregate asset value as of the last day of the immediately preceding month. For the three months ended September 30, 2014 and 2013, the Advisor recognized $4,078,000 and $457,000, respectively, in asset management fees, net of asset management fees waived. For the nine months ended September 30, 2014 and 2013, the Advisor recognized $9,538,000 and $2,083,000, respectively, in asset management fees, net of asset management fees waived. For the three months ended September 30, 2014 and 2013, the Advisor waived irrevocably, without recourse, $0 and $682,000, respectively, in asset management fees. For the nine months ended September 30, 2014 and 2013, the Advisor waived irrevocably, without recourse, $0 and $862,000, respectively, in asset management fees. For the three and nine months ended September 30, 2014, the Advisor deferred receipt of asset management fees because the Company’s modified funds from operations did not exceed its distributions. As of September 30, 2014 the Advisor deferred receipt of asset management fees in the amount of $8,963,000.
	The Company reimburses the Advisor for all expenses it paid or incurred in connection with the services provided to the Company, subject to certain limitations. The Company will not reimburse the Advisor for personnel costs in connection with services for which the Advisor receives an acquisition and advisory fee or a disposition fee. For the three months ended September 30, 2014 and 2013, the Advisor incurred $410,000 and $285,000, respectively, and for the nine months ended September 30, 2014 and 2013, the Advisor incurred $1,279,000 and $738,000, respectively, in operating expenses on the Company’s behalf. For the three months ended September 30, 2014 and 2013, the Company reimbursed $438,000 and $239,000, respectively, and for the nine months ended September 30, 2014 and 2013 the Company reimbursed $1,364,000 and $710,000, respectively, in operating expenses to the Advisor.
	The Company has no direct employees. The employees of the Advisor and other affiliates provide services to the Company related to acquisition, property management, asset management, accounting, investor relations, and all other administrative services. If the Advisor, or its affiliates, provides a substantial amount of services, as determined by a majority of the Company’s independent directors, in connection with the sale of one or more properties, the Company will pay the Advisor up to one-half of the brokerage commission paid, but in no event to exceed an amount equal to 2.0% of the contract sales price of each property sold. In no event will the combined real estate commission paid to the Advisor, its affiliates and unaffiliated third parties exceed 6.0% of the contract sales price. In addition, after investors have received a return on their net capital contributions and an 8.0% cumulative non-compounded annual return, then the Advisor is entitled to receive 15.0% of the remaining net sale proceeds. As of September 30, 2014, the Company did not incur any disposition fees or any subordinated sale fees to the Advisor, or its affiliates.
	Upon listing of the Company’s common stock on a national securities exchange, a listing fee equal to 15.0% of the amount by which the market value of the Company’s outstanding stock plus all distributions paid by the Company prior to listing exceeds the sum of the total amount of capital raised from investors and the amount of cash flow necessary to generate an 8.0% cumulative, non-compounded annual return to investors will be paid to the Advisor. As of September 30, 2014, the Company did not incur any listing fees.
	The Company pays the Property Manager leasing and management fees in connection with the rental, leasing, operation and management of the Company’s properties. Such fees equal 3.0% of gross revenues from single-tenant properties and 4.0% of gross revenues from multi-tenant properties. The Company will reimburse the Property Manager and its affiliates for property-level expenses that any of them pay or incur on the Company’s behalf, including salaries, bonuses and benefits of persons employed by the Property Manager and its affiliates, except for the salaries, bonuses and benefits of persons who also serve as one of the Company’s executive officers. The Property Manager and its affiliates may subcontract the performance of their duties to third parties and pay all or a portion of the property management fee to the third parties with whom they contract for these services. If the Company contracts directly with third parties for such services at customary market fees, the Company will pay the Property Manager an oversight fee equal to 1.0% of the gross revenues of the property managed. In no event will the Company pay the Property Manager, the Advisor, or its affiliates, both a property management fee and an oversight fee with respect to any particular property. The Company may pay the Property Manager a separate fee for the one-time initial rent-up, lease renewals or leasing-up of newly constructed properties in an amount not to exceed the fee customarily charged in arm’s length transactions by others rendering similar services in the same geographic area for similar properties as determined by a survey of brokers and agents in such area. For the three months ended September 30, 2014 and 2013, the Company incurred $1,482,000 and $374,000, respectively, and for the nine months ended September 30, 2014 and 2013, the Company incurred $3,113,000 and $982,000, respectively, in property management fees to the Property Manager.
	Accounts Payable Due to Affiliates
	The following amounts were outstanding due to affiliates as of September 30, 2014 and December 31, 2013 (amounts in thousands):
	Entity	Fee	30-Sep-14		31-Dec-13
	Carter/Validus Advisors, LLC and its affiliates	Acquisition costs	$	4	$	1
	Carter/Validus Advisors, LLC and its affiliates	Asset management fees		8,963		102
	Carter Validus Real Estate Management Services, LLC	Property management fees		319		105
	Carter/Validus Advisors, LLC and its affiliates	General and administrative costs		140		235
	Carter/Validus Advisors, LLC and its affiliates	Offering costs		—		253
	Carter/Validus Advisors, LLC and its affiliates	Leasing fees		219		—
			$	9,645	$	696

Business_Combinations

Business Combinations	9 Months Ended
	Sep. 30, 2014
Business Combinations [Abstract]	'
Business Combinations	'
	Note 13—Business Combinations
	During the nine months ended September 30, 2014, the Company completed the acquisition of 100% fee simple interest in eight real estate investments (four data centers and four medical facilities) that were determined to be business combinations, comprised of ten  buildings. The aggregate purchase price of the acquisitions determined to be business combinations was $469,586,000, plus closing costs, including $5,030,000 of contingent consideration.
	The following table summarizes the acquisitions determined to be business combinations during the nine months ended September 30, 2014:
			Date		Ownership
	Property Description		Acquired		Percentage
	Cypress Pointe Surgical Hospital		3/14/14		100%
	Milwaukee Data Center		3/28/14		100%
	Charlotte Data Center		4/28/14		100%
	Chicago Data Center		5/20/14		100%
	Rhode Island Rehabilitation Healthcare Facility		8/28/14		100%
	Select Medical Portfolio		8/29/14		100%
	Alpharetta Data Center		9/5/14		100%
	Lafayette Surgical Hospital		9/19/14		100%
	Results of operations for the acquisitions determined to be business combinations are reflected in the accompanying condensed consolidated statements of comprehensive income for the nine months ended September 30, 2014 for the period subsequent to the acquisition date of each property. For the period from the acquisition date through September 30, 2014, the Company recognized $12,832,000 of revenues and a net loss of $5,718,000 for its business combination acquisitions. In addition, during the nine months ended September 30, 2014, the Company incurred aggregate non-recurring charges related to acquisition fees and costs of $10,277,000 in connection with acquisitions determined to be business combinations, which are included in the accompanying condensed consolidated statements of comprehensive income.
	The following table summarizes management’s allocation of the fair value of the acquisitions determined to be business combinations during the nine months ended September 30, 2014 (amounts in thousands):
		Total
	Land	$	21,656
	Buildings and improvements		409,131
	In-place leases		45,621
	Tenant improvements		1,803
	Above-market leases		2,505
	Total assets acquired		480,716
	Below-market leases		-5,842
	Ground leasehold liabilities		-5,288
	Total liabilities acquired		-11,130
	Net assets acquired	$	469,586
	Assuming the business combinations described above had occurred on January 1, 2013, pro forma revenues, net income and net income attributable to common stockholders would have been as follows for the three and nine month periods below (amounts in thousands):
			Three Months Ended					Nine Months Ended
			September 30,					September 30,
			2014			2013		2014		2013
	Pro forma basis:
	Revenues		$	45,110		$	30,803	$	125,144	$	90,065
	Net income		$	12,812		$	10,416	$	37,760	$	28,479
	Net income attributable to common stockholders		$	11,660		$	9,820	$	35,323	$	27,041
	The pro forma information for the three and nine months ended September 30, 2014 was adjusted to exclude $4,236,000 and $10,277,000, respectively, of acquisition expenses recorded during such periods. The pro forma information is presented for informational purposes only and may not be indicative of what actual results of operations would have been had the transactions occurred at the beginning of 2013, nor is it necessarily indicative of future operating results.

Segment_Reporting

Segment Reporting	9 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
Segment Reporting	'
	Note 14—Segment Reporting
	The Company aggregates data centers and medical facilities into two operating segments for reporting purposes. The Company’s investments in data centers and medical facilities are based on certain underwriting assumptions and operating criteria, which are different for data centers and medical facilities. Management reviews the performance and makes operating decisions based on these two reportable segments. There were no intersegment sales or transfers during the three and nine months ended September 30, 2014 and 2013.
	The Company evaluates performance based on net operating income of the combined properties in each segment. Net operating income, a non-GAAP financial measure, is defined as total revenues, less rental expenses, which excludes depreciation and amortization, general and administrative expenses, acquisition related expenses, asset management fees, interest expense and interest income. The Company believes that segment net operating income serves as a useful supplement to net income because it allows investors and management to measure unlevered property-level operating results and to compare operating results to the operating results of other real estate companies and between periods on a consistent basis. Segment net operating income should not be considered as an alternative to net income determined in accordance with GAAP as an indicator of financial performance, and accordingly, the Company believes that in order to facilitate a clear understanding of the consolidated historical operating results, segment profit should be examined in conjunction with net income as presented in the accompanying condensed consolidated financial statements and data included elsewhere in this Quarterly Report on Form 10-Q.
	Interest income, general and administrative expenses, acquisition related expenses, asset management fees, depreciation and amortization and interest expense are not allocated to individual segments for purposes of assessing segment performance.
	Non-segment assets primarily consist of corporate assets including cash and cash equivalents, real estate and escrow deposits, deferred financing costs, real estate-related notes receivables and other assets not attributable to individual properties.
	Summary information for the reportable segments during the three and nine months ended September 30, 2014 and 2013 are as follows (amounts in thousands):
			Data			Medical		Three Months Ended
			Centers			Facilities		30-Sep-14
	Revenue:
	Rental, parking and tenant reimbursement revenue		$	24,752		$	17,898	$	42,650
	Expenses:
	Rental and parking expenses			-5,123			-985		-6,108
	Segment net operating income		$	19,629		$	16,913		36,542
	Revenue:
	Real estate-related notes receivables interest expense								-257
	Expenses:
	General and administrative expenses								-1,411
	Acquisition related expenses								-4,087
	Asset management fees								-4,078
	Depreciation and amortization								-13,002
	Income from operations								13,707
	Interest expense								-5,201
	Net income							$	8,506
			Data			Medical		Three Months Ended
			Centers			Facilities		30-Sep-13
	Revenue:
	Rental, parking and tenant reimbursement revenue		$	10,042		$	5,868	$	15,910
	Expenses:
	Rental and parking expenses			-2,770			-385		-3,155
	Segment net operating income		$	7,272		$	5,483		12,755
	Revenue:
	Real estate-related notes receivables interest income								1,936
	Expenses:
	General and administrative expenses								-539
	Acquisition related expenses								-1,402
	Asset management fees								-457
	Depreciation and amortization								-4,727
	Income from operations								7,566
	Interest expense								-3,119
	Net income							$	4,447
			Data			Medical		Nine Months Ended
			Centers			Facilities		30-Sep-14
	Revenue:
	Rental, parking and tenant reimbursement revenue		$	60,569		$	40,977	$	101,546
	Expenses:
	Rental and parking expenses			-12,104			-2,325		-14,429
	Segment net operating income		$	48,465		$	38,652		87,117
	Revenue:
	Real estate-related notes receivables interest income								2,174
	Expenses:
	General and administrative expenses								-3,212
	Acquisition related expenses								-10,598
	Asset management fees								-9,538
	Depreciation and amortization								-31,275
	Income from operations								34,668
	Interest expense								-13,428
	Net income							$	21,240
			Data			Medical		Nine Months Ended
			Centers			Facilities		30-Sep-13
	Revenue:
	Rental, parking and tenant reimbursement revenue		$	28,079		$	14,395	$	42,474
	Expenses:
	Rental and parking expenses			-7,554			-972		-8,526
Segment net operating income		$	20,525		$	13,423		33,948
Revenue:
Real estate-related notes receivables interest income								4,195
Expenses:
General and administrative expenses								-1,694
Acquisition related expenses								-4,599
Asset management fees								-2,083
Depreciation and amortization								-12,591
Income from operations								17,176
Interest expense								-9,025
Net income							$	8,151
Assets by reportable segments as of September 30, 2014 and December 31, 2013 are as follows (amounts in thousands):
	30-Sep-14			31-Dec-13
Assets by segment:
Data centers	$	1,080,021		$	639,009
Medical facilities		931,380			358,584
All other		86,275			67,071
Total assets	$	2,097,676		$	1,064,664
Capital additions by reportable segments for the nine months ended September 30, 2014 and 2013 are as follows (amounts in thousands):
	Nine Months Ended
	September 30,
	2014			2013
Capital additions by segment:
Data centers	$	438,539		$	99,600
Medical facilities		527,485			134,261
All other		—			—
Total capital additions	$	966,024		$	233,861

Fair_Value

Fair Value	9 Months Ended
	Sep. 30, 2014
Fair Value [Abstract]	'
Fair Value	'
	Note 15—Fair Value
	Notes payable – Fixed Rate— The estimated fair value of notes payable –  fixed rate measured using quoted prices and observable inputs from similar liabilities (Level 2) was approximately $136,920,000 and $139,142,000 as of September 30, 2014 and December 31, 2013, respectively, as compared to the carrying value of $135,002,000 and $137,049,000 as of September 30, 2014 and December 31, 2013, respectively.
	Notes payable – Variable— The estimated fair value of notes payable – variable rate fixed through interest rate swap agreements (Level 2) was approximately $212,376,000 and $62,835,000 as of September 30, 2014 and December 31, 2013, respectively, as compared to the carrying value of $207,719,000 and $64,128,000 as of September 30 2014 and December 31, 2013, respectively. The carrying value of the notes payable – variable was $45,009,000 and $0 as of September 30, 2014 and December 31, 2013, respectively, which approximated its fair value.
	KeyBank Credit Facility— The carrying value of the KeyBank Credit Facility – variable was $20,000,000 and $97,000,000, which approximated its fair value, as of September 30, 2014 and December 31, 2013, respectively. The estimated fair value of the KeyBank Credit Facility – variable rate fixed through interest rate swap agreements (Level 2) was approximately $52,458,000 and $51,922,000 as of September 30, 2014 and December 31, 2013, respectively, as compared to the carrying value of $55,000,000 and $55,000,000 as of September 30, 2014 and December 31, 2013, respectively.
	Real estate-related notes receivables, net— The estimated fair value of the real estate-related notes receivables, net was $20,350,000 and $58,176,000 as of September 30, 2014 and December 31, 2013, respectively, as compared to the carrying value of $20,350,000 and $54,080,000 as of September 30, 2014 and December 31, 2013, respectively. The fair value of the Company’s real estate-related notes receivables is estimated using significant unobservable inputs not based on market activity, but rather through particular valuation techniques (Level 3). The fair value was measured based on the income approach valuation methodology, which requires certain judgments to be made by management.
	Contingent consideration— The Company has contingent obligations to transfer cash payments to the former owner in conjunction with a certain acquisition if specified future operational objectives are met over future reporting periods. Liabilities for contingent consideration will be measured at fair value each reporting period, with the acquisition-date fair value included as part of the consideration transferred, and subsequent changes in fair value recorded in earnings as acquisition related expenses.
	The estimated fair value and the carrying value of the contingent consideration was $5,030,000 of the fair value hierarchy, as of September 30, 2014, which is reported in the accompanying condensed consolidated balance sheets in accounts payable and other liabilities. The Company uses an income approach to value the contingent consideration liability, which is determined based on the present value of probability-weighted future cash flows. The Company has classified the contingent consideration liability as Level 3 of the fair value hierarchy due to the lack of relevant observable market data over fair value inputs such as probability-weighting for payment outcomes. Increases in the assessed likelihood of a high payout under a contingent consideration arrangement contributes to increases in the fair value of the related liability. Conversely, decreases in the assessed likelihood of a higher payout under a contingent consideration arrangement contributes to decreases in the fair value of the related liability. Changes in assumptions could have an impact on the payout of contingent consideration arrangements with a maximum payout of $5,030,000 in cash and a minimum payout of $0, as of September 30, 2014.
	Derivative instruments— Considerable judgment is necessary to develop estimated fair values of financial instruments. Accordingly, the estimates presented herein are not necessarily indicative of the amount the Company could realize, or be liable for, on disposition of the financial instruments. The Company has determined that the majority of the inputs used to value its interest rate swaps fall within Level 2 of the fair value hierarchy. The credit valuation adjustment associated with these instruments utilize Level 3 inputs, such as estimates of current credit spreads, to evaluate the likelihood of default by the Company and the respective counterparty. However, as of September 30, 2014, the Company has assessed the significance of the impact of the credit valuation adjustments on the overall valuation of its derivative positions, and has determined that the credit valuation adjustments are not significant to the overall valuation of its interest rate swaps. As a result, the Company determined that its interest rate swaps valuation in its entirety is classified in Level 2 of the fair value hierarchy.
	In accordance with the fair value hierarchy described above, the following table shows the fair value of the Company’s financial assets and liabilities that are required to be measured at fair value on a recurring basis as of September 30, 2014 and December 31, 2013 (amounts in thousands):
		30-Sep-14
		Fair Value Hierarchy
		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Fair Value
	Assets:
	Derivative assets	$	—	$	550	$	—	$	550
	Total assets at fair value	$	—	$	550	$	—	$	550
	Liabilities:
	Derivative liabilities	$	—	$	-676	$	—	$	-676
	Contingent consideration obligations		—		—		-5,030		-5,030
	Total liabilities at fair value	$	—	$	-676	$	-5,030	$	-5,706
		31-Dec-13
		Fair Value Hierarchy
		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Fair Value
	Assets:
	Derivative assets	$	—	$	644	$	—	$	644
	Total assets at fair value	$	—	$	644	$	—	$	644
	Liabilities:
	Derivative liabilities	$	—	$	-44	$	—	$	-44
	Total liabilities at fair value	$	—	$	-44	$	—	$	-44
	The following table provides a roll-forward of the fair value of recurring Level 3 fair value measurements for the three and nine months ended September 30, 2014 and 2013 (amounts in thousands):
		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2014		2013		2014		2013
	Liabilities:
	Contingent consideration obligations:
	Beginning balance	$	5,030	$	—	$	—	$	—
	Additions to contingent consideration obligations		—		—		5,030		—
	Adjustment to contingent consideration obligations		—		—		—		—
	Total (gains) losses included in earnings (1)		—		—		—		—
	Settlements of contingent consideration obligations		—		—		—		—
	Ending balance	$	5,030	$	—	$	5,030	$	—
	Unrealized (gains) losses still held (2)	$	—	$	—	$	—	$	—
	(1)Changes in the fair value of contingent consideration obligations are reported in acquisition related expenses in the accompanying condensed consolidated statements of comprehensive income.
	(2)Represents the unrealized losses or gains recorded in earnings or other comprehensive income (loss) during the period for liabilities classified as Level 3 that are still held at the end of the period.

Derivative_Instruments_and_Hed

Derivative Instruments and Hedging Activities	9 Months Ended
	Sep. 30, 2014
Derivative Instruments and Hedging Activities [Abstract]	'
Derivative Instruments and Hedging Activities	'
	Note 16—Derivative Instruments and Hedging Activities
	Cash Flow Hedges of Interest Rate Risk
	The Company’s objectives in using interest rate derivatives are to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish this objective, the Company primarily uses interest rate swaps as part of its interest rate risk management strategy. Interest rate swaps designated as cash flow hedges involve the receipt of variable rate amounts from a counterparty in exchange for the Company making fixed rate payments over the life of the agreements without exchange of the underlying notional amount.
	The effective portion of changes in the fair value of derivatives designated, and that qualify, as cash flow hedges is recorded in accumulated other comprehensive income (loss) in the accompanying condensed consolidated statement of stockholders’ equity and is subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. During the nine months ended September 30, 2014, such derivatives were used to hedge the variable cash flows associated with variable rate debt. The ineffective portion of changes in fair value of the derivatives is recognized directly in earnings. During the three and nine months ended September 30, 2014 and 2013, no gains or losses were recognized due to ineffectiveness of hedges of interest rate risk.
	Amounts reported in accumulated other comprehensive income (loss) related to derivatives will be reclassified to interest expense as interest payments are made on the Company’s variable-rate debt. During the next twelve months, the Company estimates that an additional $3,146,000 will be reclassified from accumulated other comprehensive income (loss) as an increase to interest expense.
	See Note 15—“Fair Value” for a further discussion of the fair value of the Company’s derivative instruments.
	The following table summarizes the notional amount and fair value of the Company’s derivative instruments (amounts in thousands):
									30-Sep-14									31-Dec-13
	Derivatives		Balance						Outstanding			Fair Value of						Outstanding		Fair Value of
	Designated as		Sheet		Effective		Maturity		Notional									Notional
	Hedging Instruments		Location		Dates		Dates		Amount			Asset			(Liability)			Amount		Asset		(Liability)
	Interest rate		Other assets/Accounts		10/12/2012 to		10/11/2017 to		$	262,719		$	550		$	-676		$	119,128	$	644	$	-44
	swaps		payable and other		7/11/14		7/11/19
			liabilities
	Accounting for changes in the fair value of a derivative instrument depends on the intended use and designation of the derivative instrument. The Company designated the interest rate swaps as cash flow hedges to hedge the variability of the anticipated cash flows on its variable rate notes payable. The change in fair value of the effective portion of the derivative instrument that is designated as a hedge is recorded in other comprehensive income (loss), or OCI, in the accompanying condensed consolidated statements of comprehensive income.
	The table below summarizes the amount of gain or losses recognized on interest rate derivatives designated as cash flow hedges for the three and nine months ended September 30, 2014 and 2013 (amounts in thousands):
			Three Months Ended						Nine Months Ended
			September 30,						September 30,
	Derivatives in Cash Flow Hedging Relationships (Interest Rate Swaps)		2014			2013			2014			2013
	Amount of (loss) income recognized in OCI on derivatives (effective portion)		$	-59		$	-683		$	-2,513		$	732
	Amounts reclassified from accumulated other
	comprehensive income (loss) (effective portion)		$	841		$	189		$	1,787		$	521
	Credit Risk-Related Contingent Features
	The Company has agreements with each of its derivative counterparties that contain cross-default provisions, whereby if the Company defaults on certain of its unsecured indebtedness, then the Company could also be declared in default on its derivative obligations, resulting in an acceleration of payment thereunder.
	In addition, the Company is exposed to credit risk in the event of non-performance by its derivative counterparties. The Company believes it mitigates its credit risk by entering into agreements with credit-worthy counterparties. The Company records credit risk valuation adjustments on its interest rate swaps based on the respective credit quality of the Company and the counterparty. As of September 30, 2014, the fair value of derivatives in a net liability position, including accrued interest but excluding any adjustment for nonperformance risk related to these agreements, was $988,000. As of September 30, 2014, there were no termination events or events of default related to the interest rate swaps.
	Tabular Disclosure Offsetting Derivatives
	The Company has elected not to offset derivative positions in its condensed consolidated financial statements. The following table presents the effect on the Company’s financial position had the Company made the election to offset its derivative positions as of September 30, 2014 and December 31, 2013 (amounts in thousands):
	Offsetting of Derivative Assets
											Gross Amounts Not Offset in the Balance Sheet
			Gross Amounts of Recognized Assets			Gross Amounts Offset in the Balance Sheet			Net Amounts of Assets Presented in the Balance Sheet									Net Amount
												Financial Instruments Collateral			Cash Collateral
	30-Sep-14	$	550		$	—		$	550		$	—		$	—		$	550
	31-Dec-13	$	644		$	—		$	644		$	—		$	—		$	644
	Offsetting of Derivative Liabilities
											Gross Amounts Not Offset in the Balance Sheet
			Gross Amounts of Recognized Liabilities			Gross Amounts Offset in the Balance Sheet			Net Amounts of Liabilities Presented in the Balance Sheet									Net Amount
												Financial Instruments Collateral			Cash Collateral
	30-Sep-14	$	676		$	—		$	676		$	—		$	—		$	676
	31-Dec-13	$	44		$	—		$	44		$	—		$	—		$	44
	The Company reports derivatives in the accompanying condensed consolidated balance sheets as other assets and accounts payable and other liabilities.

Accumulated_Other_Comprehensiv

Accumulated Other Comprehensive Income (Loss)	9 Months Ended
	Sep. 30, 2014
Accumulated Other Comprehensive Income (Loss) [Abstract]	'
Accumulated Other Comprehensive Income (Loss)	'
	Note 17—Accumulated Other Comprehensive Income (Loss)
	The following table presents a roll forward of amounts recognized in accumulated other comprehensive income (loss) by component for the nine months ended September 30, 2014 (amounts in thousands):
		Unrealized Loss on Derivative Instruments		Accumulated Other Comprehensive Income (Loss)
	Balance as of December 31, 2013	$	600	$	600
	Other comprehensive loss before reclassification		-2,513		-2,513
	Amounts reclassified from accumulated other
	comprehensive income (loss) to net income (effective portion)		1,787		1,787
	Other comprehensive loss		-726		-726
	Balance as of September 30, 2014	$	-126	$	-126
	The following table presents reclassifications out of accumulated other comprehensive income (loss) for the nine months ended September 30, 2014 (amounts in thousands):
	Details about Accumulated Other Comprehensive Income (Loss) Components	Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Net Income		Affected Line Items in the Condensed Consolidated Statements of Comprehensive Income
	Interest rate swap contracts	$	1,787	Interest expense

Subsequent_Events

Subsequent Events	9 Months Ended
	Sep. 30, 2014
Subsequent Events [Abstract]	'
Subsequent Events	'
	Note 18—Subsequent Events
	Distributions Paid
	On October 1, 2014, the Company paid aggregate distributions of $9,980,000 ($4,504,000 in cash and $5,476,000 in shares of the Company’s common stock pursuant to the DRIP), which related to distributions declared for each day in the period from September 1, 2014 through September 30, 2014. On November 3, 2014, the Company paid aggregate distributions of $10,343,000 ($4,663,000 in cash and $5,680,000 in shares of the Company’s common stock pursuant to the DRIP), which related to distributions declared for each day in the period from October 1, 2014 through October 31, 2014.
	Chicago Data Center Loan
	In connection with a loan originated on August 25, 2014, on October 1, 2014 the Company drew down $105,850,000 under this note payable.
	Acquisition of Alpharetta Data Center II
	On October 31, 2014, the Company completed the acquisition of a 100% fee simple interest in a data center, or the Alpharetta Data Center II, for a purchase price of $56,700,000, plus closing costs. The Company financed the purchase of the Alpharetta Data Center II using net proceeds from the Offering. The Alpharetta Data Center II is leased to a single tenant. With respect to this acquisition, the Company had not completed its initial fair value-based purchase allocation; it is therefore impractical to provide pro-forma information.
	Distributions Declared
	On November 6, 2014, the board of directors of the Company approved and declared a distribution to the Company’s stockholders of record as of the close of business on each day of the period commencing on December 1, 2014 and ending on February 28, 2015. The distributions will be calculated based on 365 days in the calendar year and equal to $0.001917808 per share of common stock, which will be equal to an annualized distribution rate of 7.0%, assuming a purchase price of $10.00 per share. The distributions declared for each record date in the December 2014, January 2015 and February 2015 periods will be paid in January 2015, February 2015 and March 2015, respectively. The distributions will be payable to stockholders from legally available funds therefor.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policy)	9 Months Ended
	Sep. 30, 2014
Summary of Significant Accounting Policies [Abstract]	'
Principles of Consolidation and Basis of Presentation	'
	Principles of Consolidation and Basis of Presentation
	The accompanying condensed consolidated financial statements include the accounts of the Company, the Operating Partnership, all majority-owned subsidiaries and controlled subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation.
Use of Estimates	'
	Use of Estimates
	The preparation of the financial statements in conformity with GAAP necessarily 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 condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
Concentration of Credit Risk and Significant Leases	'
	Concentration of Credit Risk and Significant Leases
	As of September 30, 2014, the Company had cash on deposit, including restricted cash, in 11 financial institutions, 10 of which had deposits in excess of current federally insured levels totaling $87.3 million; however, the Company has not experienced any losses in such accounts. The Company limits its cash investments to financial institutions with high credit standing; therefore, the Company believes it is not exposed to any significant credit risk on its cash deposits. To date, the Company has experienced no loss or lack of access to cash in its accounts. Concentration of credit risk with respect to accounts receivable from tenants is limited.
	As of September 30, 2014, the Company owned real estate investments in 33 metropolitan statistical areas, or MSAs, (including two real estate investments owned through consolidated partnerships), one of which accounted for 10.0% or more of rental revenue. Real estate investments located in the Dallas-Ft. Worth-Arlington, Texas area accounted for an aggregate of 18.6% of rental revenue for the nine months ended September 30, 2014.
	As of September 30, 2014, the Company had one tenant that accounted for 10.0% or more of rental revenue. The leases with AT&T Services, Inc. accounted for 21.0% of rental revenue for the nine months ended September 30, 2014.
Share Repurchase Program	'
	Share Repurchase Program
	The Company approved a share repurchase program that allows for repurchases of shares of the Company’s common stock when certain criteria are met. The share repurchase program provides that all redemptions during any calendar year, including those upon death or a qualifying disability of a stockholder, are limited to those that can be funded with proceeds raised from the DRIP.
	Repurchases of shares of the Company’s common stock are at the sole discretion of the Company’s board of directors. In addition, the Company’s board of directors, at its sole discretion, may amend, suspend, reduce, terminate or otherwise change the share repurchase program upon 30 days’ prior notice to the Company’s stockholders for any reason it determines appropriate. During the nine months ended September 30, 2014, the Company received valid redemption requests related to approximately 295,000 shares of common stock, all of which were redeemed for an aggregate purchase price of approximately $2,837,000 (an average of $9.62 per share). During the nine months ended September 30, 2013, the Company received valid redemption requests related to approximately 29,000 shares of common stock, all of which were redeemed for an aggregate purchase price of approximately $273,000 (an average of $9.41 per share).
Earnings Per Share	'
	Earnings Per Share
	Basic earnings per share attributable for all periods presented are computed by dividing net income attributable to common stockholders by the weighted average number of shares of common stock outstanding during the period. Shares of non-vested restricted common stock give rise to potentially dilutive shares of common stock. Diluted earnings per share are computed based on the weighted average number of shares outstanding and all potentially dilutive securities. Diluted earnings per share reflect the effect of approximately 17,000 shares and 17,000 shares for the three months ended September 30, 2014 and 2013, respectively, and 19,000 shares and 18,000 shares for the nine months ended September 30, 2014 and 2013, respectively, of non-vested shares of restricted common stock that were outstanding as of such period.
Interest Capitalization	'
	Interest Capitalization
	Interest incurred related to the renovation of acquired real estate investments is capitalized during the renovation period. The Company capitalized interest of approximately $831,000 and $1,362,000 for the three and nine months ended September 30, 2014, respectively, and $0 for the three and nine months ended September 30, 2013.
Recently Issued Accounting Pronouncements	'
	Recently Issued Accounting Pronouncements
	In April 2014, the financial accounting standards board, or the FASB, issued ASU 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity, or ASU 2014-08. ASU 2014-08 changes the criteria for reporting discontinued operations while enhancing disclosures in this area. Under the new guidance, only disposals representing a strategic shift in operations should be presented as discontinued operations. Those strategic shifts should have a major effect on the company’s operations and financial results. Examples include a disposal of a major geographic area, a major line of business, or a major equity method investment. Additionally, the new guidance requires expanded disclosures about discontinued operations that will provide financial statement users with more information about the assets, liabilities, income, and expenses of discontinued operations. The adoption of ASU 2014-08 is effective prospectively for reporting periods beginning on or after December 15, 2014. The Company does not expect the adoption of ASU 2014-08 to have a material effect on the Company’s condensed consolidated financial statements.
	In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers, or ASU 2014-09. The objective of ASU 2014-09 is to clarify the principles for recognizing revenue and to develop a common revenue standard for GAAP. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods and services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU 2014-09 defines a five-step process to achieve this core principle, which may require more judgment and estimates within the revenue recognition process than are required under existing GAAP. The adoption of ASU 2014-09 is effective retrospectively for reporting periods beginning after December 15, 2016. Early adoption of ASU 2014-09 is not permitted. The Company is in the process of evaluating the impact ASU 2014-09 will have on the Company’s consolidated financial statements.
Reclassifications	'
	Reclassifications
	Certain prior period amounts have been reclassified to conform to the current financial statement presentation, with no effect on the Company’s condensed consolidated financial position or results of operations.

Real_Estate_Investments_Tables

Real Estate Investments (Tables)	9 Months Ended
	Sep. 30, 2014
Real Estate Investments [Abstract]	'
Schedule of Cash Paid for Investments in Real Estate	'
		Nine Months Ended
		30-Sep-14
	Investments in real estate:
	Purchase price of business combinations	$	469,586
	Purchase price of asset acquisitions (1)		508,394
	Total purchase price of assets acquired		977,980
	Non-cash transactions:
	Real estate-related notes receivables converted to investment in real estate		20,000
	Contingent consideration (2)		5,030
	Cash paid for investments in real estate (3)	$	952,950
	(1)Of this amount, $53,697,000 was allocated to intangible assets.
	(2)Liabilities for contingent consideration are measured at fair value each reporting period with the acquisition-date fair value included as part of the consideration transferred, and subsequent changes to fair value will be recorded within earnings. See Note 15—“Fair Value” for information about fair value measurements of contingent consideration liabilities.
	(3)In connection with the acquisition of two real estate investments, the Company obtained financing of $134,000,000, with the remaining balance of the purchase price paid using cash proceeds from the Offering.

Acquired_Intangible_Assets_Net1

Acquired Intangible Assets, Net (Tables)	9 Months Ended
	Sep. 30, 2014
Acquired Intangible Assets, Net [Abstract]	'
Schedule of Acquired Intangible Assets, Net	'
		30-Sep-14		31-Dec-13
	In-place leases, net of accumulated amortization of $16,816 and $7,954, respectively (with a weighted average remaining life of 15.2 years and 14.6 years, respectively)	$	199,796	$	109,342
	Above-market leases, net of accumulated amortization of $439 and $294, respectively (with a weighted average remaining life of 11.6 years and 8.6 years, respectively)		3,207		846
	Ground lease interest, net of accumulated amortization of $119 and $78, respectively (with a weighted average remaining life of 61.4 years and 62.8 years, respectively)		2,696		2,700
		$	205,699	$	112,888

Other_Assets_Tables

Other Assets (Tables)	9 Months Ended
	Sep. 30, 2014
Other Assets [Abstract]	'
Schedule of Other Assets	'
		30-Sep-14		31-Dec-13
	Deferred financing costs, net of accumulated amortization of $3,643
	and $1,750, respectively	$	11,954	$	6,800
	Lease commissions, net of accumulated amortization of $40
	and $21, respectively		313		203
	Investments in unconsolidated partnerships		108		116
	Accounts receivable		2,356		1,025
	Straight-line rent receivable		19,536		7,902
	Restricted cash held in escrow		13,910		5,246
	Real estate escrow deposits		250		5
	Restricted cash		1,370		1,142
	Derivative assets		550		644
	Accrued interest receivable from real estate-related notes receivables		152		1,850
	Prepaid and other assets		1,999		919
		$	52,498	$	25,852

Investment_in_Real_EstateRelat1

Investment in Real Estate-Related Notes Receivables, Net (Tables)	9 Months Ended
	Sep. 30, 2014
Investment in Real Estate-Related Notes Receivables, Net [Abstract]	'
Schedule of Investment in Real Estate-Related Notes Receivables, Net	'
					Outstanding Balance as of
	Real Estate-Related Notes Receivables, Net	Interest Rate		Maturity Date	30-Sep-14		31-Dec-13
	Bay Area Preferred Equity Loan (1)	17.0%	-4	11/30/18	$	—	$	23,247
	Walnut Hill Property Company Loan (1),(5)	10.0%		2/28/18		—		20,327
	Medistar Loan (3)	8.0%		-2		9,500		9,500
	MM Peachtree Holdings (1)	12.0%		12/31/21		514		514
	Landmark Loan (1),(3)	9.0%		12/17/15		10,336		492
					$	20,350	$	54,080
	(1)Unconsolidated VIE. The maximum exposure to loss related to the Company’s variable interest in unconsolidated VIEs is limited to the outstanding balances of the respective real estate-related notes receivables. The Company may be subject to additional losses to the extent of any receivables relating to future funding.
	(2)The Medistar Loan, previously known as the Walnut Hill Bridge Loan, matures upon the earlier to occur of: (i) the sale or refinancing of the property under construction for which proceeds from the loan were used and (ii) December 31, 2014.
	(3)As of September 30, 2014, an affiliate of the Company had an option to purchase the respective property under construction when the construction is completed.
	(4)On March 25, 2014, the Company increased the aggregate borrowing amount by $5,000,000 to $27,500,000. The additional $5,000,000 bore interest at a per annum rate equal to 10.0%. On July 11, 2014, in connection with the acquisition of the Bay Area Regional Medical Center, located in Webster, Texas, the borrower paid off the outstanding principal and accrued interest in the amount of $29,401,000 on the Bay Area Preferred Equity Loan.
	(5)On February 25, 2014, in connection with the acquisition of the Walnut Hill Medical Center, located in Dallas, Texas the Company applied the Walnut Hill Property Company Loan outstanding principal amount of $20,000,000 to reduce the cash paid at acquisition.

Future_Minimum_Rent_Tables

Future Minimum Rent (Tables)	9 Months Ended
	Sep. 30, 2014
Future Minimum Rent [Abstract]	'
Schedule of Future Minimum Rental Income from Non-Cancelable Operating Leases	'
	Year	Amount
	Three months ending December 31, 2014	$	37,552
	2015		152,031
	2016		154,060
	2017		156,628
	2018		159,735
	Thereafter		1,744,210
		$	2,404,216

Notes_Payable_Tables

Notes Payable (Tables)	9 Months Ended
	Sep. 30, 2014
Notes Payable [Abstract]	'
Schedule of Notes Payable	'
		30-Sep-14		31-Dec-13
	Fixed rate notes payable	$	135,002	$	137,049
	Variable rate notes payable		45,009		—
	Variable rate notes payable fixed through interest rate swaps		207,719		64,128
	Total notes payable	$	387,730	$	201,177
	As of September 30, 2014, the notes payable had interest rates ranging from 3.5% to 6.3% and a weighted average interest rate of 5.1%. The notes payable mature on various dates from August 2016 through April 2022.
Schedule of Change in Carrying Amounts of Notes Payable	'
		Nine Months Ended
		September 30,
		2014		2013
	Beginning balance	$	201,177	$	156,847
	Additions:
	Notes payable originations		191,466		14,000
	Deductions:
	Scheduled principal payments on notes payable		-4,913		-2,422
	Ending Balance	$	387,730	$	168,425
Schedule of Future Principal Payments Due on Notes Payable	'
	Year	Principal Payments		Balloon Payments		Amount
	Three months ending December 31, 2014	$	2,620	$	—	$	2,620
	2015		10,799		—		10,799
	2016		10,797		13,441		24,238
	2017		10,161		74,325		84,486
	2018		8,299		45,405		53,704
	Thereafter		6,422		205,461		211,883
		$	49,098	$	338,632	$	387,730

Intangible_Lease_Liabilities_N1

Intangible Lease Liabilities, Net (Tables)	9 Months Ended
	Sep. 30, 2014
Intangible Lease Liabilities, Net [Abstract]	'
Schedule of Intangible Lease Liabilities, Net	'
		30-Sep-14		31-Dec-13
	Below-market leases, net of accumulated amortization of $9,616 and $6,501, respectively (with a weighted average remaining life of 17.6 years and 18.5 years, respectively)	$	56,688	$	53,962
	Ground leasehold liabilities, net of accumulated amortization of $22 and $0, respectively (with a weighted average remaining life of 44.4 years and 0 years, respectively)		5,303		-
		61,991		53,962

RelatedParty_Transactions_and_1

Related-Party Transactions and Arrangements (Tables)	9 Months Ended
	Sep. 30, 2014
Related-Party Transactions and Arrangements [Abstract]	'
Schedule of Accounts Payable Due to Affiliates	'
	Entity	Fee	30-Sep-14		31-Dec-13
	Carter/Validus Advisors, LLC and its affiliates	Acquisition costs	$	4	$	1
	Carter/Validus Advisors, LLC and its affiliates	Asset management fees		8,963		102
	Carter Validus Real Estate Management Services, LLC	Property management fees		319		105
	Carter/Validus Advisors, LLC and its affiliates	General and administrative costs		140		235
	Carter/Validus Advisors, LLC and its affiliates	Offering costs		—		253
	Carter/Validus Advisors, LLC and its affiliates	Leasing fees		219		—
			$	9,645	$	696

Business_Combinations_Tables

Business Combinations (Tables)	9 Months Ended
	Sep. 30, 2014
Business Combinations [Abstract]	'
Schedule of Business Combinations	'
			Date		Ownership
	Property Description		Acquired		Percentage
	Cypress Pointe Surgical Hospital		3/14/14		100%
	Milwaukee Data Center		3/28/14		100%
	Charlotte Data Center		4/28/14		100%
	Chicago Data Center		5/20/14		100%
	Rhode Island Rehabilitation Healthcare Facility		8/28/14		100%
	Select Medical Portfolio		8/29/14		100%
	Alpharetta Data Center		9/5/14		100%
	Lafayette Surgical Hospital		9/19/14		100%
Schedule of Allocation of Fair Value of Business Combinations	'
		Total
	Land	$	21,656
	Buildings and improvements		409,131
	In-place leases		45,621
	Tenant improvements		1,803
	Above-market leases		2,505
	Total assets acquired		480,716
	Below-market leases		-5,842
	Ground leasehold liabilities		-5,288
	Total liabilities acquired		-11,130
	Net assets acquired	$	469,586
Schedule of Business Combinations on a Pro Forma Basis	'
			Three Months Ended					Nine Months Ended
			September 30,					September 30,
			2014			2013		2014		2013
	Pro forma basis:
	Revenues		$	45,110		$	30,803	$	125,144	$	90,065
	Net income		$	12,812		$	10,416	$	37,760	$	28,479
	Net income attributable to common stockholders		$	11,660		$	9,820	$	35,323	$	27,041

Segment_Reporting_Tables

Segment Reporting (Tables)	9 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
Schedule of Information for Reportable Segments	'
			Data			Medical		Three Months Ended
			Centers			Facilities		30-Sep-14
	Revenue:
	Rental, parking and tenant reimbursement revenue		$	24,752		$	17,898	$	42,650
	Expenses:
	Rental and parking expenses			-5,123			-985		-6,108
	Segment net operating income		$	19,629		$	16,913		36,542
	Revenue:
	Real estate-related notes receivables interest expense								-257
	Expenses:
	General and administrative expenses								-1,411
	Acquisition related expenses								-4,087
	Asset management fees								-4,078
	Depreciation and amortization								-13,002
	Income from operations								13,707
	Interest expense								-5,201
	Net income							$	8,506
			Data			Medical		Three Months Ended
			Centers			Facilities		30-Sep-13
	Revenue:
	Rental, parking and tenant reimbursement revenue		$	10,042		$	5,868	$	15,910
	Expenses:
	Rental and parking expenses			-2,770			-385		-3,155
	Segment net operating income		$	7,272		$	5,483		12,755
	Revenue:
	Real estate-related notes receivables interest income								1,936
	Expenses:
	General and administrative expenses								-539
	Acquisition related expenses								-1,402
	Asset management fees								-457
	Depreciation and amortization								-4,727
	Income from operations								7,566
	Interest expense								-3,119
	Net income							$	4,447
			Data			Medical		Nine Months Ended
			Centers			Facilities		30-Sep-14
	Revenue:
	Rental, parking and tenant reimbursement revenue		$	60,569		$	40,977	$	101,546
	Expenses:
	Rental and parking expenses			-12,104			-2,325		-14,429
	Segment net operating income		$	48,465		$	38,652		87,117
	Revenue:
	Real estate-related notes receivables interest income								2,174
	Expenses:
	General and administrative expenses								-3,212
	Acquisition related expenses								-10,598
	Asset management fees								-9,538
	Depreciation and amortization								-31,275
	Income from operations								34,668
	Interest expense								-13,428
	Net income							$	21,240
			Data			Medical		Nine Months Ended
			Centers			Facilities		30-Sep-13
	Revenue:
	Rental, parking and tenant reimbursement revenue		$	28,079		$	14,395	$	42,474
	Expenses:
	Rental and parking expenses			-7,554			-972		-8,526
	Segment net operating income		$	20,525		$	13,423		33,948
	Revenue:
	Real estate-related notes receivables interest income								4,195
	Expenses:
	General and administrative expenses								-1,694
	Acquisition related expenses								-4,599
Asset management fees								-2,083
Depreciation and amortization								-12,591
Income from operations								17,176
Interest expense								-9,025
Net income							$	8,151
Schedule of Assets by Reportable Segments	'
		30-Sep-14			31-Dec-13
	Assets by segment:
	Data centers	$	1,080,021		$	639,009
	Medical facilities		931,380			358,584
	All other		86,275			67,071
	Total assets	$	2,097,676		$	1,064,664
Schedule of Capital Additions by Reportable Segments	'
		Nine Months Ended
		September 30,
		2014			2013
	Capital additions by segment:
	Data centers	$	438,539		$	99,600
	Medical facilities		527,485			134,261
	All other		—			—
	Total capital additions	$	966,024		$	233,861

Fair_Value_Tables

Fair Value (Tables)	9 Months Ended
	Sep. 30, 2014
Fair Value [Abstract]	'
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	'
		30-Sep-14
		Fair Value Hierarchy
		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Fair Value
	Assets:
	Derivative assets	$	—	$	550	$	—	$	550
	Total assets at fair value	$	—	$	550	$	—	$	550
	Liabilities:
	Derivative liabilities	$	—	$	-676	$	—	$	-676
	Contingent consideration obligations		—		—		-5,030		-5,030
	Total liabilities at fair value	$	—	$	-676	$	-5,030	$	-5,706
		31-Dec-13
		Fair Value Hierarchy
		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Fair Value
	Assets:
	Derivative assets	$	—	$	644	$	—	$	644
	Total assets at fair value	$	—	$	644	$	—	$	644
	Liabilities:
	Derivative liabilities	$	—	$	-44	$	—	$	-44
	Total liabilities at fair value	$	—	$	-44	$	—	$	-44
Schedule of Reconciliation of Fair Value of Recurring Level 3 Fair Value Measurements	'
		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2014		2013		2014		2013
	Liabilities:
	Contingent consideration obligations:
	Beginning balance	$	5,030	$	—	$	—	$	—
	Additions to contingent consideration obligations		—		—		5,030		—
	Adjustment to contingent consideration obligations		—		—		—		—
	Total (gains) losses included in earnings (1)		—		—		—		—
	Settlements of contingent consideration obligations		—		—		—		—
	Ending balance	$	5,030	$	—	$	5,030	$	—
	Unrealized (gains) losses still held (2)	$	—	$	—	$	—	$	—
	(1)Changes in the fair value of contingent consideration obligations are reported in acquisition related expenses in the accompanying condensed consolidated statements of comprehensive income.
	(2)Represents the unrealized losses or gains recorded in earnings or other comprehensive income (loss) during the period for liabilities classified as Level 3 that are still held at the end of the period.

Derivative_Instruments_and_Hed1

Derivative Instruments and Hedging Activities (Tables)	9 Months Ended
	Sep. 30, 2014
Derivative Instruments and Hedging Activities [Abstract]	'
Schedule of the Notional Amount and Fair Value of Derivative Instruments	'
									30-Sep-14									31-Dec-13
	Derivatives		Balance						Outstanding			Fair Value of						Outstanding		Fair Value of
	Designated as		Sheet		Effective		Maturity		Notional									Notional
	Hedging Instruments		Location		Dates		Dates		Amount			Asset			(Liability)			Amount		Asset		(Liability)
	Interest rate		Other assets/Accounts		10/12/2012 to		10/11/2017 to		$	262,719		$	550		$	-676		$	119,128	$	644	$	-44
	swaps		payable and other		7/11/14		7/11/19
			liabilities
Schedule of Gains or Losses Recognized on Derivative Instruments	'
			Three Months Ended						Nine Months Ended
			September 30,						September 30,
	Derivatives in Cash Flow Hedging Relationships (Interest Rate Swaps)		2014			2013			2014			2013
	Amount of (loss) income recognized in OCI on derivatives (effective portion)		$	-59		$	-683		$	-2,513		$	732
	Amounts reclassified from accumulated other
	comprehensive income (loss) (effective portion)		$	841		$	189		$	1,787		$	521
Schedule of Offsetting of Derivative Assets	'
	Offsetting of Derivative Assets
											Gross Amounts Not Offset in the Balance Sheet
			Gross Amounts of Recognized Assets			Gross Amounts Offset in the Balance Sheet			Net Amounts of Assets Presented in the Balance Sheet									Net Amount
												Financial Instruments Collateral			Cash Collateral
	30-Sep-14	$	550		$	—		$	550		$	—		$	—		$	550
	31-Dec-13	$	644		$	—		$	644		$	—		$	—		$	644
Schedule of Offsetting of Derivative Liabilities	'
	Offsetting of Derivative Liabilities
											Gross Amounts Not Offset in the Balance Sheet
			Gross Amounts of Recognized Liabilities			Gross Amounts Offset in the Balance Sheet			Net Amounts of Liabilities Presented in the Balance Sheet									Net Amount
												Financial Instruments Collateral			Cash Collateral
	30-Sep-14	$	676		$	—		$	676		$	—		$	—		$	676
	31-Dec-13	$	44		$	—		$	44		$	—		$	—		$	44

Accumulated_Other_Comprehensiv1

Accumulated Other Comprehensive Income (Loss) (Tables)	9 Months Ended
	Sep. 30, 2014
Accumulated Other Comprehensive Income (Loss) [Abstract]	'
Schedule of Amounts Recognized in Accumulated Other Comprehensive Income (Loss)	'
		Unrealized Loss on Derivative Instruments		Accumulated Other Comprehensive Income (Loss)
	Balance as of December 31, 2013	$	600	$	600
	Other comprehensive loss before reclassification		-2,513		-2,513
	Amounts reclassified from accumulated other
	comprehensive income (loss) to net income (effective portion)		1,787		1,787
	Other comprehensive loss		-726		-726
	Balance as of September 30, 2014	$	-126	$	-126
Schedule of Reclassifications Out of Accumulated Other Comprehensive Income (Loss)	'
	Details about Accumulated Other Comprehensive Income (Loss) Components	Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Net Income		Affected Line Items in the Condensed Consolidated Statements of Comprehensive Income
	Interest rate swap contracts	$	1,787	Interest expense

Organization_and_Business_Oper1

Organization and Business Operations (Details) (USD $)

9 Months Ended

0 Months Ended

42 Months Ended

4 Months Ended

9 Months Ended

Sep. 30, 2014

Dec. 31, 2013

16-May-14

Jun. 06, 2014

Dec. 10, 2010

16-May-14

Dec. 10, 2010

16-May-14

Dec. 10, 2010

Sep. 30, 2014

Apr. 14, 2014

Oct. 11, 2013

Oct. 11, 2013

Sep. 30, 2014

16-May-14

Dec. 10, 2010

Dec. 10, 2010

segment

Offering [Member]

Offering [Member]

Offering [Member]

Offering [Member]

Offering [Member]

Offering [Member]

Offering [Member]

Second DRIP [Member]

Second DRIP [Member]

Follow-on Offering [Member]

Follow-on Offering [Member]

Common Stock [Member]

Common Stock [Member]

Common Stock [Member]

Common Stock [Member]

Distribution Reinvestment Plan [Member]

Maximum [Member]

Maximum [Member]

Maximum [Member]

Maximum [Member]

Maximum [Member]

Maximum [Member]

Maximum [Member]

Offering [Member]

Offering [Member]

Offering [Member]

Distribution Reinvestment Plan [Member]

Distribution Reinvestment Plan [Member]

Distribution Reinvestment Plan [Member]

Distribution Reinvestment Plan [Member]

Organization and Business Operations [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of reportable business segments

2

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Common stock offering, shares authorized

300,000,000

300,000,000

'

'

'

168,750,000

150,000,000

6,250,000

25,000,000

'

'

'

'

'

'

'

'

Common stock offering, price per share

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$10

$10

$9.50

Reinvestment in additional shares at percentage of fair market value per share

'

'

'

'

95.00%

'

'

'

'

'

'

'

'

'

'

'

'

Common stock offering, value

'

'

'

'

'

$1,746,875,000

$1,737,500,000

'

'

'

$100,000,000

$240,000,000

$10,000,000

'

'

'

'

Common stock reallocated from DRIP offering to primary offering

'

'

187,500,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Common stock offering, gross proceeds raised

'

'

'

$1,716,046,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Issuance of common stock under the distribution reinvestment plan, shares

'

'

'

'

'

'

'

'

'

1,180,000

'

'

'

3,545,598

'

'

'

Remaining shares of common stock under the distribution reinvestment plan

'

'

'

'

'

'

'

'

'

9,346,000

'

'

'

'

'

'

'

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
	item		item
Summary of Significant Accounting Policies [Line Items]	'	'	'	'
Number of financial institutions in which Company has deposits	11	'	11	'
Number of financial institutions in which Company has deposits in excess of federally insured levels	10	'	10	'
Cash on deposit in excess of federally insured levels	$87,300,000	'	$87,300,000	'
Number of metropolitan statistical areas in which Company owns rental property	33	'	33	'
Period of notice required for changes to share repurchase program	'	'	'30 days	'
Repurchase of common stock	'	'	2,837,000	'
Repurchase of common stock, average price per share	'	'	$9.62	$9.41
Diluted earnings per share outstanding adjustment, shares	17,000	17,000	19,000	18,000
Capitalized interest	831,000	0	1,362,000	0
Rental Revenue [Member] | Geographic Concentration Risk [Member]	'	'	'	'
Summary of Significant Accounting Policies [Line Items]	'	'	'	'
Number of metropolitan statistical areas in which Company owns rental property	1	'	1	'
Rental Revenue [Member] | Customer Concentration Risk [Member]	'	'	'	'
Summary of Significant Accounting Policies [Line Items]	'	'	'	'
Number of tenants	'	'	1	'
Dallas-Ft. Worth-Arlington, Texas Area [Member] | Rental Revenue [Member] | Geographic Concentration Risk [Member]	'	'	'	'
Summary of Significant Accounting Policies [Line Items]	'	'	'	'
Concentration risk, percentage	'	'	18.60%	'
AT&T Services, Inc. [Member] | Rental Revenue [Member] | Customer Concentration Risk [Member]	'	'	'	'
Summary of Significant Accounting Policies [Line Items]	'	'	'	'
Concentration risk, percentage	'	'	21.00%	'
Common Stock [Member]	'	'	'	'
Summary of Significant Accounting Policies [Line Items]	'	'	'	'
Repurchase of common stock, shares	'	'	295,273	29,000
Repurchase of common stock	'	'	2,000	'
Common Stock Including Additional Paid in Capital [Member]	'	'	'	'
Summary of Significant Accounting Policies [Line Items]	'	'	'	'
Repurchase of common stock	'	'	'	$273,000
Consolidated Partnerships [Member]	'	'	'	'
Summary of Significant Accounting Policies [Line Items]	'	'	'	'
Number of Company owned real estate investments	2	'	2	'

Real_Estate_Investments_Detail

Real Estate Investments (Details) (USD $)

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

0 Months Ended

9 Months Ended

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Jul. 11, 2014

Sep. 30, 2014

Jul. 11, 2014

Carter/Validus Advisors, LLC And/Or Its Affiliates [Member]

Carter/Validus Advisors, LLC And/Or Its Affiliates [Member]

2014 Real Estate Investments [Member]

2014 Real Estate Investments [Member]

Business Combinations [Member]

Asset Acquisitions [Member]

Bay Area Regional Medical Center [Member]

Bay Area Regional Medical Center [Member]

Bay Area Regional Medical Center [Member]

property

property

property

Real Estate Investments [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

Maximum acquisition expense reimbursement to affiliates as a percentage of purchase price

'

'

'

'

6.00%

'

'

'

'

'

'

'

'

Acquisition fees and acquisition related costs paid

'

'

'

'

$22,878,000

$6,443,000

'

'

'

'

'

'

'

Acquisition fees and expenses

4,087,000

1,402,000

10,598,000

4,599,000

'

'

4,236,000

10,277,000

'

'

'

'

'

Acquisition fees and expenses capitalized during period

7,451,000

1,844,000

12,280,000

1,844,000

'

'

'

'

'

'

'

'

'

Number of acquisitions

'

'

'

'

'

'

'

14

8

6

'

'

'

Aggregate purchase price

'

'

'

'

'

'

977,980,000

977,980,000

469,586,000

508,394,000

[1]

'

'

198,000,000

Notes payable originations

'

'

191,466,000

14,000,000

'

'

'

134,000,000

'

'

100,000,000

'

'

Amount of purchase price funded by unaffiliated investors in exchange for ownership interest

'

'

39,914,000

'

'

'

'

'

'

'

39,900,000

'

'

Ownership percentage by unaffiliated investors

'

'

'

'

'

'

'

'

'

'

'

'

40.00%

Amount of purchase price funded by Operating Partnership in exchange for ownership interest

'

'

952,950,000

233,483,000

'

'

'

952,950,000

[2]

'

'

73,847,000

'

'

Ownership percentage by Operating Partnership

'

'

'

'

'

'

'

'

'

'

'

'

60.00%

Fair value of noncontrolling interest

'

'

'

'

'

'

'

'

'

'

'

'

39,900,000

Property management fee as percentage of net rental revenues

'

'

'

'

'

'

'

'

'

'

'

3.00%

'

Funding by Operating Partnership at request of tenant for additional funds for build out of property

'

'

'

'

'

'

'

'

'

'

'

$35,000,000

'

[1]

Of this amount, $53,697,000 was allocated to intangible assets.

[2]

In connection with the acquisition of two real estate investments, the Company obtained financing of $134,000,000, with the remaining balance of the purchase price paid using cash proceeds from the Offering.

Real_Estate_Investments_Schedu

Real Estate Investments (Schedule of Cash Paid for Investments in Real Estate) (Details) (USD $)	9 Months Ended
	Sep. 30, 2014		Sep. 30, 2013
Real Estate Investments [Line Items]	'		'
Real estate-related notes receivables converted to investment in real estate	$20,000,000		'
Contingent consideration	5,030,000		'
Cash paid for investments in real estate	952,950,000		233,483,000
Purchase price financed	191,466,000		14,000,000
2014 Real Estate Investments [Member]	'		'
Real Estate Investments [Line Items]	'		'
Aggregate purchase price	977,980,000		'
Real estate-related notes receivables converted to investment in real estate	20,000,000		'
Contingent consideration	5,030,000	[1]	'
Cash paid for investments in real estate	952,950,000	[2]	'
Number of properties financed	2		'
Purchase price financed	134,000,000		'
Business Combinations [Member]	'		'
Real Estate Investments [Line Items]	'		'
Aggregate purchase price	469,586,000		'
Asset Acquisitions [Member]	'		'
Real Estate Investments [Line Items]	'		'
Aggregate purchase price	508,394,000	[3]	'
Purchase price allocated to intangible assets	$53,697,000		'
[1]	Liabilities for contingent consideration are measured at fair value each reporting period with the acquisition-date fair value included as part of the consideration transferred, and subsequent changes to fair value will be recorded within earnings. See Note 15bbFair Valueb for information about fair value measurements of contingent consideration liabilities.
[2]	In connection with the acquisition of two real estate investments, the Company obtained financing of $134,000,000, with the remaining balance of the purchase price paid using cash proceeds from the Offering.
[3]	Of this amount, $53,697,000 was allocated to intangible assets.

Acquired_Intangible_Assets_Net2

Acquired Intangible Assets, Net (Schedule of Acquired Intangible Assets, Net) (Details) (USD $)	9 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Acquired Intangible Assets, Net [Line Items]	'	'
Acquired intangible asset, net of accumulated amortization	$205,699	$112,888
Acquired intangible asset, weighted average remaining life	'15 years 9 months 18 days	'15 years 8 months 12 days
In-place leases [Member]	'	'
Acquired Intangible Assets, Net [Line Items]	'	'
Acquired intangible asset, net of accumulated amortization	199,796	109,342
Acquired intangible asset, accumulated amortization	16,816	7,954
Acquired intangible asset, weighted average remaining life	'15 years 2 months 12 days	'14 years 7 months 6 days
Above-market leases [Member]	'	'
Acquired Intangible Assets, Net [Line Items]	'	'
Acquired intangible asset, net of accumulated amortization	3,207	846
Acquired intangible asset, accumulated amortization	439	294
Acquired intangible asset, weighted average remaining life	'11 years 7 months 6 days	'8 years 7 months 6 days
Ground lease interest [Member]	'	'
Acquired Intangible Assets, Net [Line Items]	'	'
Acquired intangible asset, net of accumulated amortization	2,696	2,700
Acquired intangible asset, accumulated amortization	$119	$78
Acquired intangible asset, weighted average remaining life	'61 years 4 months 24 days	'62 years 9 months 18 days

Other_Assets_Schedule_of_Other

Other Assets (Schedule of Other Assets) (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Other Assets [Abstract]	'	'
Deferred financing costs, net of accumulated amortization of $3,643 and $1,750, respectively	$11,954	$6,800
Lease commissions, net of accumulated amortization of $40 and $21, respectively	313	203
Investments in unconsolidated partnerships	108	116
Accounts receivable	2,356	1,025
Straight-line rent receivable	19,536	7,902
Restricted cash held in escrow	13,910	5,246
Real estate escrow deposits	250	5
Restricted cash	1,370	1,142
Derivative assets	550	644
Accrued interest receivable from real estate-related notes receivables	152	1,850
Prepaid and other assets	1,999	919
Total other assets	52,498	25,852
Deferred financing costs, accumulated amortization	3,643	1,750
Lease commissions, accumulated amortization	$40	$21

Investment_in_Real_EstateRelat2

Investment in Real Estate-Related Notes Receivables, Net (Narrative) (Details) (USD $)	3 Months Ended		9 Months Ended			9 Months Ended			0 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2014	Jul. 11, 2014
	item		item			Minimum [Member]	Maximum [Member]	Weighted Average [Member]	Bay Area Preferred Equity Loan [Member]
Investment in Real Estate-Related Notes Receivables, Net [Line Items]	'	'	'	'	'	'	'	'	'
Number of investments in real estate-related notes receivables	3	'	3	'	'	'	'	'	'
Real estate-related notes receivables interest income	($257,000)	$1,936,000	$2,174,000	$4,195,000	'	'	'	'	'
Amortization of loan origination fees	'	'	1,167,000	-236,000	'	'	'	'	766,000
Outstanding balance on real estate-related notes receivables, net	20,350,000	'	20,350,000	'	54,080,000	'	'	'	'
Per annum interest rate	'	'	'	'	'	8.00%	12.00%	8.60%	'
Impairment loss recorded on real estate-related notes receivables	0	0	0	0	'	'	'	'	'
Allowance recorded on real estate-related notes receivables	$0	'	$0	'	$0	'	'	'	'

Investment_in_Real_EstateRelat3

Investment in Real Estate-Related Notes Receivables, Net (Schedule of Investment in Real Estate-Related Notes Receivables, Net) (Details) (USD $)

9 Months Ended

0 Months Ended

3 Months Ended

0 Months Ended

9 Months Ended

9 Months Ended

9 Months Ended

9 Months Ended

9 Months Ended

Sep. 30, 2014

Dec. 31, 2013

Jul. 11, 2014

Mar. 25, 2014

Jul. 11, 2014

Jul. 10, 2014

Feb. 25, 2014

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2014

Dec. 31, 2013

Bay Area Preferred Equity Loan [Member]

Bay Area Preferred Equity Loan [Member]

Bay Area Preferred Equity Loan [Member]

Bay Area Preferred Equity Loan [Member]

Walnut Hill Property Company Loan [Member]

Medistar Loan [Member]

Medistar Loan [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Bay Area Preferred Equity Loan [Member]

Bay Area Preferred Equity Loan [Member]

Walnut Hill Property Company Loan [Member]

Walnut Hill Property Company Loan [Member]

MM Peachtree Holdings [Member]

MM Peachtree Holdings [Member]

Landmark Loan [Member]

Landmark Loan [Member]

Investment in Real Estate-Related Notes Receivables, Net [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Interest rate

'

'

'

'

'

'

'

8.00%

[1],[2]

'

17.00%

[3],[4]

'

10.00%

[3],[5]

'

12.00%

[3]

'

9.00%

[2],[3]

'

Maturity date

'

'

'

'

'

'

'

31-Dec-14

'

30-Nov-18

[3]

'

28-Feb-18

[3],[5]

'

31-Dec-21

[3]

'

17-Dec-15

[2],[3]

'

Outstanding balance on real estate-related notes receivables, net

$20,350,000

$54,080,000

'

'

'

'

'

$9,500,000

[1],[2]

$9,500,000

[1],[2]

'

[3]

$23,247,000

[3]

'

[3],[5]

$20,327,000

[3],[5]

$514,000

[3]

$514,000

[3]

$10,336,000

[2],[3]

$492,000

[2],[3]

Real estate-related notes receivables, additions

'

'

'

5,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Real estate-related notes receivables, borrowing amount

'

'

'

'

'

27,500,000

'

'

'

'

'

'

'

'

'

'

'

Real estate-related notes receivables, interest rate on additions

'

'

'

'

10.00%

'

'

'

'

'

'

'

'

'

'

'

'

Real estate-related notes receivables, principal and accrued interest collected

'

'

29,401,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Real estate-related notes receivables converted to investment in real estate

$20,000,000

'

'

'

'

'

$20,000,000

'

'

'

'

'

'

'

'

'

'

[1]

The Medistar Loan, previously known as the Walnut Hill Bridge Loan, matures upon the earlier to occur of: (i) the sale or refinancing of the property under construction for which proceeds from the loan were used and (ii) December 31, 2014.

[2]

As of SeptemberB 30, 2014, an affiliate of the Company had an option to purchase the respective property under construction when the construction is completed.

[3]

Unconsolidated VIE. The maximum exposure to loss related to the Companybs variable interest in unconsolidated VIEs is limited to the outstanding balances of the respective real estate-related notes receivables. The Company may be subject to additional losses to the extent of any receivables relating to future funding.

[4]

On March 25, 2014, the Company increased the aggregate borrowing amount by $5,000,000 to $27,500,000. The additional $5,000,000 bore interest at a per annum rate equal to 10.0%. On July 11, 2014, in connection with the acquisition of the Bay Area Regional Medical Center, located in Webster, Texas, the borrower paid off the outstanding principal and accrued interest in the amount of $29,401,000 on the Bay Area Preferred Equity Loan.

[5]

On February 25, 2014, in connection with the acquisition of the Walnut Hill Medical Center, located in Dallas, Texas the Company applied the Walnut Hill Property Company Loan outstanding principal amount of $20,000,000 to reduce the cash paid at acquisition.

Future_Minimum_Rent_Narrative_

Future Minimum Rent (Narrative) (Details)	9 Months Ended
	Sep. 30, 2014
Future Minimum Rent [Abstract]	'
Weighted average remaining lease term	'12 years 6 months

Future_Minimum_Rent_Schedule_o

Future Minimum Rent (Schedule of Future Minimum Rental Income from Non-Cancelable Operating Leases) (Details) (USD $)	Sep. 30, 2014
In Thousands, unless otherwise specified
Future Minimum Rent [Abstract]	'
Three months ending December 31, 2014	$37,552
2015	152,031
2016	154,060
2017	156,628
2018	159,735
Thereafter	1,744,210
Total	$2,404,216

Notes_Payable_Narrative_Detail

Notes Payable (Narrative) (Details) (USD $)

9 Months Ended

9 Months Ended

9 Months Ended

0 Months Ended

Sep. 30, 2014

Sep. 30, 2013

Dec. 31, 2013

Dec. 31, 2012

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Oct. 01, 2014

loan

Note Payable One [Member]

Note Payable Two [Member]

Note Payable Three [Member]

Note Payable Four [Member]

Notes Payable Five [Member]

Variable Rate, Subject To Interest Rate Swap [Member]

Variable Rate, Subject To Interest Rate Swap [Member]

Variable Rate, Subject To Interest Rate Swap [Member]

Period One [Member]

Period Two [Member]

Subsequent Event [Member]

item

item

Note Payable Four [Member]

Note Payable Four [Member]

Note Payable Four [Member]

Notes Payable Five [Member]

Notes Payable [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of notes payable originated during period

5

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Notes payable originations during period

$297,316,000

'

'

'

'

'

'

'

$105,850,000

'

'

'

'

'

'

Proceeds from notes payable

191,466,000

14,000,000

'

'

20,466,000

34,000,000

37,000,000

100,000,000

'

'

'

'

'

'

105,850,000

Notes payable, issuance date

'

'

'

'

27-Jan-14

25-Feb-14

26-Feb-14

11-Jul-14

21-Aug-14

'

'

'

'

'

'

Notes payable, variable rate basis

'

'

'

'

'30-day London interbank offered rate, or LIBOR

'30-day LIBOR

'30-day LIBOR

'30-day LIBOR

'30-day LIBOR

'

'

'

'

'

'

Notes payable, basis spread on variable rate

'

'

'

'

3.35%

4.00%

2.25%

'

2.65%

'

'

'

4.50%

4.00%

'

Notes payable, maturity date

'

'

'

'

26-Jan-19

25-Feb-19

26-Feb-19

11-Jul-19

21-Aug-17

'

'

'

'

'

'

Notes payable, number of extension periods

'

'

'

'

2

'

'

'

1

'

'

'

'

'

'

Notes payable, term of extension

'

'

'

'

'12 months

'

'

'

'24 months

'

'

'

'

'

'

Notes payable, fixed interest rate through interest rate swap agreement

'

'

'

'

'

6.20%

3.80%

6.30%

'

'

'

'

'

'

'

Notes payable, additional borrowing option

'

'

'

'

'

'

37,000,000

'

'

'

'

'

'

'

'

Notes payable, additional borrowing option maturity date

'

'

'

'

'

'

26-Feb-15

'

'

'

'

'

'

'

'

Notes payable, length of interest rate period

'

'

'

'

'

'

'

'

'

'

'

'

'18 months

'

'

Notes payable

$387,730,000

$168,425,000

$201,177,000

$156,847,000

'

'

'

$100,000,000

'

$207,719,000

$64,128,000

$75,000,000

'

'

'

Notes_Payable_Schedule_of_Note

Notes Payable (Schedule of Notes Payable) (Details) (USD $)	9 Months Ended
	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013	Dec. 31, 2012
Notes Payable [Line Items]	'	'	'	'
Notes payable	$387,730,000	$201,177,000	$168,425,000	$156,847,000
Interest rate of notes payable, minimum	3.50%	'	'	'
Interest rate of notes payable, maximum	6.30%	'	'	'
Weighted average interest rate of notes payable	5.10%	'	'	'
Notes payable maturity date, minimum	31-Aug-16	'	'	'
Notes payable maturity date, maximum	30-Apr-22	'	'	'
Fixed Rate [Member]	'	'	'	'
Notes Payable [Line Items]	'	'	'	'
Notes payable	135,002,000	137,049,000	'	'
Variable Rate [Member]	'	'	'	'
Notes Payable [Line Items]	'	'	'	'
Notes payable	45,009,000	'	'	'
Variable Rate, Subject To Interest Rate Swap [Member]	'	'	'	'
Notes Payable [Line Items]	'	'	'	'
Notes payable	$207,719,000	$64,128,000	'	'

Notes_Payable_Schedule_of_Chan

Notes Payable (Schedule of Change in Carrying Amounts of Notes Payable) (Details) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013	Dec. 31, 2012
Notes Payable [Abstract]	'	'	'	'
Notes payable, amount outstanding	$387,730	$168,425	$201,177	$156,847
Notes payable originations	191,466	14,000	'	'
Scheduled principal payments on notes payable	($4,913)	($2,422)	'	'

Notes_Payable_Schedule_of_Futu

Notes Payable (Schedule of Future Principal Payments Due on Notes Payable) (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013	Dec. 31, 2012
Principal payments due on notes payable:	'	'	'	'
Three months ending December 31, 2014	$2,620,000	'	'	'
2015	10,799,000	'	'	'
2016	24,238,000	'	'	'
2017	84,486,000	'	'	'
2018	53,704,000	'	'	'
Thereafter	211,883,000	'	'	'
Total	387,730,000	201,177,000	168,425,000	156,847,000
Principal Payments [Member]	'	'	'	'
Principal payments due on notes payable:	'	'	'	'
Three months ending December 31, 2014	2,620,000	'	'	'
2015	10,799,000	'	'	'
2016	10,797,000	'	'	'
2017	10,161,000	'	'	'
2018	8,299,000	'	'	'
Thereafter	6,422,000	'	'	'
Total	49,098,000	'	'	'
Balloon Payments [Member]	'	'	'	'
Principal payments due on notes payable:	'	'	'	'
Three months ending December 31, 2014	'	'	'	'
2015	'	'	'	'
2016	13,441,000	'	'	'
2017	74,325,000	'	'	'
2018	45,405,000	'	'	'
Thereafter	205,461,000	'	'	'
Total	$338,632,000	'	'	'

Credit_Facility_Details

Credit Facility (Details) (USD $)

9 Months Ended

9 Months Ended

9 Months Ended

4 Months Ended

5 Months Ended

4 Months Ended

5 Months Ended

4 Months Ended

5 Months Ended

4 Months Ended

5 Months Ended

4 Months Ended

5 Months Ended

4 Months Ended

5 Months Ended

Sep. 30, 2014

Sep. 30, 2013

Dec. 31, 2013

Sep. 30, 2014

28-May-14

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

28-May-14

Sep. 30, 2014

28-May-14

Sep. 30, 2014

Sep. 30, 2014

28-May-14

Sep. 30, 2014

28-May-14

Sep. 30, 2014

28-May-14

Sep. 30, 2014

Sep. 30, 2014

28-May-14

Sep. 30, 2014

Sep. 30, 2014

KeyBank Credit Facility [Member]

KeyBank Credit Facility [Member]

Revolving Line Of Credit [Member]

Term Loans [Member]

Minimum [Member]

Minimum [Member]

Minimum [Member]

Minimum [Member]

Minimum [Member]

Minimum [Member]

Minimum [Member]

Maximum [Member]

Maximum [Member]

Maximum [Member]

Maximum [Member]

Maximum [Member]

Maximum [Member]

Maximum [Member]

Weighted Average [Member]

Variable Rate, Subject To Interest Rate Swap [Member]

KeyBank Credit Facility [Member]

KeyBank Credit Facility [Member]

KeyBank Credit Facility [Member]

KeyBank Credit Facility [Member]

LIBOR [Member]

LIBOR [Member]

LIBOR [Member]

Base Rate [Member]

Base Rate [Member]

KeyBank Credit Facility [Member]

KeyBank Credit Facility [Member]

LIBOR [Member]

LIBOR [Member]

LIBOR [Member]

Base Rate [Member]

Base Rate [Member]

LIBOR [Member]

Term Loans [Member]

KeyBank Credit Facility [Member]

KeyBank Credit Facility [Member]

Term Loans [Member]

KeyBank Credit Facility [Member]

KeyBank Credit Facility [Member]

KeyBank Credit Facility [Member]

KeyBank Credit Facility [Member]

Term Loans [Member]

KeyBank Credit Facility [Member]

KeyBank Credit Facility [Member]

Term Loans [Member]

KeyBank Credit Facility [Member]

Credit Facility [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Aggregate maximum principal amount committed

'

'

'

$365,000,000

$225,000,000

$290,000,000

$75,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Credit facility, maturity date

'

'

'

'

'

28-May-17

28-May-18

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Credit facility, available extension period

'

'

'

'

'

'12 months

'12 months

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Maximum principal amount after available increase

'

'

'

500,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Margin percentage added to variable rate basis

'

'

'

'

'

'

'

'

'

1.75%

2.25%

'

0.75%

1.00%

'

'

2.25%

3.00%

'

1.25%

1.75%

'

'

Per annum rate fee percentage for unused portion of lenders' commitments

'

'

'

'

'

'

'

0.15%

0.20%

'

'

'

'

'

0.25%

0.30%

'

'

'

'

'

'

'

Threshold percentage for fee on unused portion of lenders' commitments

'

'

'

50.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Principal amount outstanding

75,000,000

'

152,000,000

'

'

'

75,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

55,000,000

Fixed interest rate through interest rate swap agreements

'

'

'

'

'

'

'

'

'

'

'

2.66%

'

'

'

'

'

'

3.16%

'

'

0.91%

'

Pay down of credit facility

97,000,000

18,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total unencumbered pool availability

365,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Aggregate unencumbered pool availability

$290,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Intangible_Lease_Liabilities_N2

Intangible Lease Liabilities, Net (Schedule of Intangible Lease Liabilities, Net) (Details) (USD $)	9 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Intangible Lease Liabilities, Net [Abstract]	'	'
Below-market leases, net of accumulated amortization of $9,616 and $6,501, respectively (with a weighted average remaining life of 17.6 years and 18.5 years, respectively)	$56,688	$53,962
Ground leasehold liabilities, net of accumulated amortization of $22 and $0, respectively (with a weighted average remaining life of 44.4 years and 0 years, respectively)	5,303	'
Total intangible lease liabilities, net	61,991	53,962
Below-market leases, accumulated amortization	9,616	6,501
Below-market leases, weighted average remaining life	'17 years 7 months 6 days	'18 years 6 months
Ground leasehold liabilities, accumulated amortization	$22	$0
Ground leasehold liabilities, weighted average remaining life	'44 years 4 months 24 days	'0 years
Intangible lease liabilities, weighted average remaining life	'19 years 10 months 24 days	'18 years 6 months

Commitments_and_Contingencies_

Commitments and Contingencies (Details)	Sep. 30, 2014
	claim
Commitments and Contingencies [Abstract]	'
Number of material pending legal proceedings to which the Company is a party	0

RelatedParty_Transactions_and_2

Related-Party Transactions and Arrangements (Narrative) (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Related Party Transaction [Line Items]	'	'	'	'
Selling commissions and dealer-manager fees	'	'	$90,665,000	'
Asset management fees	4,078,000	457,000	9,538,000	2,083,000
Cumulative non-compounded annual return rate to investors	'	'	8.00%	'
SC Distributors [Member]	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'
Selling commissions and dealer-manager fees	61,871,000	13,556,000	90,665,000	30,904,000
SC Distributors [Member] | Maximum [Member]	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'
Percentage of dealer-manager selling commission from gross offering proceeds	'	'	7.00%	'
Percentage of dealer-manager fee from gross offering proceeds	'	'	2.75%	'
Carter/Validus Advisors, LLC And/Or Its Affiliates [Member]	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'
Related parties offering expense reimbursement	144,000	3,068,000	1,135,000	7,604,000
Acquisition and advisory fee as a percentage of contract purchase price of each asset or loan the Company acquires or originates	'	'	2.00%	'
Maximum acquisition expense reimbursement to affiliates as a percentage of purchase price	'	'	6.00%	'
Acquisition fees paid	9,379,000	2,615,000	18,684,000	4,633,000
Advisory fee paid related to investments in notes receivables	136,000	707,000	293,000	1,004,000
Carter/Validus Advisors, LLC And/Or Its Affiliates [Member] | Maximum [Member]	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'
Percentage of offering expense reimbursement from gross offering proceeds	'	'	15.00%	'
Carter/Validus Advisors, LLC [Member]	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'
Percentage of annual asset management fee	'	'	1.00%	'
Percentage of aggregate asset value as monthly asset management fee	'	'	0.08%	'
Asset management fees	4,078,000	457,000	9,538,000	2,083,000
Asset management fees waived irrevocably, without recourse	0	682,000	0	862,000
Deferred asset management fees	8,963,000	'	8,963,000	'
Indirect operating expenses incurred by advisor on Company's behalf	410,000	285,000	1,279,000	738,000
Reimbursement of operating expenses	438,000	239,000	1,364,000	710,000
Minimum number of properties required to sell to incur brokerage fee	'	'	1	'
Percentage of remaining net sales proceeds Advisor will receive after investors receive return	'	'	15.00%	'
Listing fee percentage	'	'	15.00%	'
Carter/Validus Advisors, LLC [Member] | Maximum [Member]	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'
Percentage of brokerage fees paid by Company in event advisor provides substantial amount of services	'	'	50.00%	'
Carter Validus Real Estate Management Services, LLC [Member]	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'
Leasing and management fees percentage of gross revenues from single-tenant properties	'	'	3.00%	'
Leasing and management fees percentage of gross revenues from multi-tenant properties	'	'	4.00%	'
Oversight fee payment to property manager as a percentage of property managed	'	'	1.00%	'
Property management fees incurred	$1,482,000	$374,000	$3,113,000	$982,000

Recovered_Sheet1

Related-Party Transactions And Arrangements (Schedule of Accounts Payable Due to Affiliates) (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Related Party Transaction [Line Items]	'	'
Accounts payable due to affiliates	$9,645	$696
Carter/Validus Advisors, LLC And/Or Its Affiliates [Member] | Acquisition Costs [Member]	'	'
Related Party Transaction [Line Items]	'	'
Accounts payable due to affiliates	4	1
Carter/Validus Advisors, LLC And/Or Its Affiliates [Member] | Asset Management Fees [Member]	'	'
Related Party Transaction [Line Items]	'	'
Accounts payable due to affiliates	8,963	102
Carter/Validus Advisors, LLC And/Or Its Affiliates [Member] | General And Administrative Costs [Member]	'	'
Related Party Transaction [Line Items]	'	'
Accounts payable due to affiliates	140	235
Carter/Validus Advisors, LLC And/Or Its Affiliates [Member] | Offering Costs [Member]	'	'
Related Party Transaction [Line Items]	'	'
Accounts payable due to affiliates	'	253
Carter/Validus Advisors, LLC And/Or Its Affiliates [Member] | Leasing Fees [Member]	'	'
Related Party Transaction [Line Items]	'	'
Accounts payable due to affiliates	219	'
Carter Validus Real Estate Management Services, LLC [Member] | Property Management Fees [Member]	'	'
Related Party Transaction [Line Items]	'	'
Accounts payable due to affiliates	$319	$105

Business_Combinations_Narrativ

Business Combinations (Narrative) (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Business Combinations [Line Items]	'	'	'	'
Acquisition related expenses	$4,087,000	$1,402,000	$10,598,000	$4,599,000
Business Combinations [Member]	'	'	'	'
Business Combinations [Line Items]	'	'	'	'
Percentage of fee simple interest acquired	'	'	100.00%	'
Number of acquisitions	'	'	8	'
Number of buildings acquired	'	'	10	'
Aggregate purchase price	469,586,000	'	469,586,000	'
Contingent consideration included in aggregate purchase price	5,030,000	'	5,030,000	'
Revenues	'	'	12,832,000	'
Net loss	'	'	-5,718,000	'
Business Combinations [Member] | Non-recurring Charges [Member]	'	'	'	'
Business Combinations [Line Items]	'	'	'	'
Acquisition related expenses	'	'	$10,277,000	'
Business Combinations [Member] | Data Centers [Member]	'	'	'	'
Business Combinations [Line Items]	'	'	'	'
Number of acquisitions	'	'	4	'
Business Combinations [Member] | Medical Facilities [Member]	'	'	'	'
Business Combinations [Line Items]	'	'	'	'
Number of acquisitions	'	'	4	'

Business_Combinations_Schedule

Business Combinations (Schedule of Business Combinations) (Details)	9 Months Ended
	Sep. 30, 2014
Cypress Pointe Surgical Hospital [Member]	'
Business Combinations [Line Items]	'
Date Acquired	14-Mar-14
Ownership Percentage	100.00%
Milwaukee Data Center [Member]	'
Business Combinations [Line Items]	'
Date Acquired	28-Mar-14
Ownership Percentage	100.00%
Charlotte Data Center [Member]	'
Business Combinations [Line Items]	'
Date Acquired	28-Apr-14
Ownership Percentage	100.00%
Chicago Data Center [Member]	'
Business Combinations [Line Items]	'
Date Acquired	20-May-14
Ownership Percentage	100.00%
Rhode Island Rehabilitation Healthcare Facility [Member]	'
Business Combinations [Line Items]	'
Date Acquired	28-Aug-14
Ownership Percentage	100.00%
Select Medical Portfolio [Member]	'
Business Combinations [Line Items]	'
Date Acquired	29-Aug-14
Ownership Percentage	100.00%
Alpharetta Data Center [Member]	'
Business Combinations [Line Items]	'
Date Acquired	5-Sep-14
Ownership Percentage	100.00%
Lafayette Surgical Hospital [Member]	'
Business Combinations [Line Items]	'
Date Acquired	19-Sep-14
Ownership Percentage	100.00%

Business_Combinations_Schedule1

Business Combinations (Schedule of Allocation of Fair Value of Business Combinations) (Details) (Business Combinations [Member], USD $)	Sep. 30, 2014
Business Combinations [Member]	'
Summary of management's allocation of fair value of business combinations:	'
Land	$21,656,000
Buildings and improvements	409,131,000
In-place leases	45,621,000
Tenant improvements	1,803,000
Above-market leases	2,505,000
Total assets acquired	480,716,000
Below-market leases	-5,842,000
Ground leasehold liabilities	-5,288,000
Total liabilities acquired	-11,130,000
Net assets acquired	$469,586,000

Business_Combinations_Schedule2

Business Combinations (Schedule of Business Combinations on a Pro Forma Basis) (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Pro forma basis:	'	'	'	'
Revenues	$45,110,000	$30,803,000	$125,144,000	$90,065,000
Net income	12,812,000	10,416,000	37,760,000	28,479,000
Net income attributable to common stockholders	11,660,000	9,820,000	35,323,000	27,041,000
Acquisition related expenses	4,087,000	1,402,000	10,598,000	4,599,000
2014 Real Estate Investments [Member]	'	'	'	'
Pro forma basis:	'	'	'	'
Acquisition related expenses	$4,236,000	'	$10,277,000	'

Segment_Reporting_Narrative_De

Segment Reporting (Narrative) (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
			segment
Segment Reporting Information [Line Items]	'	'	'	'
Number of operating segments for reporting purposes	'	'	2	'
Revenues	$42,393,000	$17,846,000	$103,720,000	$46,669,000
Intersegment Elimination [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Revenues	$0	$0	$0	$0

Segment_Reporting_Schedule_of_

Segment Reporting (Schedule of Information for Reportable Segments) (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Segment Reporting Information [Line Items]	'	'	'	'
Rental and parking expenses	($6,108,000)	($3,155,000)	($14,429,000)	($8,526,000)
Real estate-related notes receivables interest income (expense)	-257,000	1,936,000	2,174,000	4,195,000
General and administrative expenses	-1,411,000	-539,000	-3,212,000	-1,694,000
Acquisition related expenses	-4,087,000	-1,402,000	-10,598,000	-4,599,000
Asset management fees	-4,078,000	-457,000	-9,538,000	-2,083,000
Depreciation and amortization	-13,002,000	-4,727,000	-31,275,000	-12,591,000
Income from operations	13,707,000	7,566,000	34,668,000	17,176,000
Interest expense	-5,201,000	-3,119,000	-13,428,000	-9,025,000
Net income	8,506,000	4,447,000	21,240,000	8,151,000
Operating Segments [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Rental, parking and tenant reimbursement revenue	42,650,000	15,910,000	101,546,000	42,474,000
Rental and parking expenses	-6,108,000	-3,155,000	-14,429,000	-8,526,000
Income from operations	36,542,000	12,755,000	87,117,000	33,948,000
Operating Segments [Member] | Data Centers [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Rental, parking and tenant reimbursement revenue	24,752,000	10,042,000	60,569,000	28,079,000
Rental and parking expenses	-5,123,000	-2,770,000	-12,104,000	-7,554,000
Income from operations	19,629,000	7,272,000	48,465,000	20,525,000
Operating Segments [Member] | Medical Facilities [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Rental, parking and tenant reimbursement revenue	17,898,000	5,868,000	40,977,000	14,395,000
Rental and parking expenses	-985,000	-385,000	-2,325,000	-972,000
Income from operations	$16,913,000	$5,483,000	$38,652,000	$13,423,000

Segment_Reporting_Schedule_of_1

Segment Reporting (Schedule of Assets by Reportable Segments) (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Assets by segment [Line Items]	'	'
Total assets	$2,097,676	$1,064,664
Operating Segments [Member] | Data Centers [Member]	'	'
Assets by segment [Line Items]	'	'
Total assets	1,080,021	639,009
Operating Segments [Member] | Medical Facilities [Member]	'	'
Assets by segment [Line Items]	'	'
Total assets	931,380	358,584
All Other [Member]	'	'
Assets by segment [Line Items]	'	'
Total assets	$86,275	$67,071

Segment_Reporting_Schedule_of_2

Segment Reporting (Schedule of Capital Additions by Reportable Segments) (Details) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Capital additions by segment [Line Items]	'	'
Total capital additions	$966,024	$233,861
Operating Segments [Member] | Data Centers [Member]	'	'
Capital additions by segment [Line Items]	'	'
Total capital additions	438,539	99,600
Operating Segments [Member] | Medical Facilities [Member]	'	'
Capital additions by segment [Line Items]	'	'
Total capital additions	527,485	134,261
All Other [Member]	'	'
Capital additions by segment [Line Items]	'	'
Total capital additions	'	'

Fair_Value_Narrative_Details

Fair Value (Narrative) (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Fair Value [Line Items]	'	'
Contingent consideration obligations, maximum payout	$5,030,000	'
Contingent consideration obligations, minimum payout	0	'
Carrying Value [Member]	'	'
Fair Value [Line Items]	'	'
Real estate-related notes receivables, fair value disclosure	20,350,000	54,080,000
Carrying Value [Member] | Fixed Rate [Member]	'	'
Fair Value [Line Items]	'	'
Notes payable, fair value disclosure	135,002,000	137,049,000
Carrying Value [Member] | Variable Rate, Subject To Interest Rate Swap [Member]	'	'
Fair Value [Line Items]	'	'
Notes payable, fair value disclosure	207,719,000	64,128,000
Credit facility, fair value disclosure	55,000,000	55,000,000
Carrying Value [Member] | Variable Rate [Member]	'	'
Fair Value [Line Items]	'	'
Notes payable, fair value disclosure	45,009,000	0
Credit facility, fair value disclosure	20,000,000	97,000,000
Significant Other Observable Inputs (Level 2) [Member] | Estimated Fair Value [Member] | Fixed Rate [Member]	'	'
Fair Value [Line Items]	'	'
Notes payable, fair value disclosure	136,920,000	139,142,000
Significant Other Observable Inputs (Level 2) [Member] | Estimated Fair Value [Member] | Variable Rate, Subject To Interest Rate Swap [Member]	'	'
Fair Value [Line Items]	'	'
Notes payable, fair value disclosure	212,376,000	62,835,000
Credit facility, fair value disclosure	52,458,000	51,922,000
Significant Unobservable Inputs (Level 3) [Member] | Estimated Fair Value [Member]	'	'
Fair Value [Line Items]	'	'
Real estate-related notes receivables, fair value disclosure	20,350,000	58,176,000
Contingent consideration obligations	$5,030,000	'

Fair_Value_Schedule_of_Fair_Va

Fair Value (Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis) (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Assets:	'	'
Derivative assets	$550,000	$644,000
Liabilities:	'	'
Derivative liabilities	-676,000	-44,000
Recurring Basis [Member]	'	'
Assets:	'	'
Derivative assets	550,000	644,000
Total assets at fair value	550,000	644,000
Liabilities:	'	'
Derivative liabilities	-676,000	-44,000
Contingent consideration obligations	-5,030,000	'
Total liabilities at fair value	-5,706,000	-44,000
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Recurring Basis [Member]	'	'
Assets:	'	'
Derivative assets	'	'
Total assets at fair value	'	'
Liabilities:	'	'
Derivative liabilities	'	'
Contingent consideration obligations	'	'
Total liabilities at fair value	'	'
Significant Other Observable Inputs (Level 2) [Member] | Recurring Basis [Member]	'	'
Assets:	'	'
Derivative assets	550,000	644,000
Total assets at fair value	550,000	644,000
Liabilities:	'	'
Derivative liabilities	-676,000	-44,000
Contingent consideration obligations	'	'
Total liabilities at fair value	-676,000	-44,000
Significant Unobservable Inputs (Level 3) [Member] | Recurring Basis [Member]	'	'
Assets:	'	'
Derivative assets	'	'
Total assets at fair value	'	'
Liabilities:	'	'
Derivative liabilities	'	'
Contingent consideration obligations	-5,030,000	'
Total liabilities at fair value	($5,030,000)	'

Fair_Value_Schedule_of_Reconci

Fair Value (Schedule of Reconciliation of Fair Value of Recurring Level 3 Fair Value Measurements) (Details) (Contingent Consideration Obligations [Member], USD $)	3 Months Ended				9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2014		Sep. 30, 2013
Contingent Consideration Obligations [Member]	'		'		'		'
Contingent consideration obligations:	'		'		'		'
Beginning balance	$5,030		'		'		'
Additions to contingent consideration obligations	'		'		5,030		'
Adjustment to contingent consideration obligations	'		'		'		'
Total (gains) losses included in earnings	'	[1]	'	[1]	'	[1]	'	[1]
Settlements of contingent consideration obligations	'		'		'		'
Ending balance	5,030		'		5,030		'
Unrealized (gains) losses still held	'	[2]	'	[2]	'	[2]	'	[2]
[1]	Changes in the fair value of contingent consideration obligations are reported in acquisition related expenses in the accompanying condensed consolidated statements of comprehensive income.
[2]	Represents the unrealized losses or gains recorded in earnings or other comprehensive income (loss) during the period for liabilities classified as Level 3 that are still held at the end of the period.

Derivative_Instruments_and_Hed2

Derivative Instruments and Hedging Activities (Narrative) (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Derivative Instruments and Hedging Activities [Abstract]	'	'	'	'
Gain (loss) recognized due to ineffectiveness of hedges of interest rate risk	$0	$0	$0	$0
Additional amount expected to be reclassified from AOCI into earnings during next twelve months	3,146,000	'	3,146,000	'
Fair value of derivatives in a net liability position	$988,000	'	$988,000	'

Derivative_Instruments_and_Hed3

Derivative Instruments and Hedging Activities (Schedule of the Notional Amount and Fair Value of Derivative Instruments) (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2014	Sep. 30, 2014
In Thousands, unless otherwise specified			Interest Rate Swaps [Member]	Interest Rate Swaps [Member]	Other Assets [Member]	Other Assets [Member]	Accounts Payable and Other Liabilities [Member]	Accounts Payable and Other Liabilities [Member]	Minimum [Member]	Maximum [Member]
			Designated as Hedging Instrument [Member]	Designated as Hedging Instrument [Member]	Interest Rate Swaps [Member]	Interest Rate Swaps [Member]	Interest Rate Swaps [Member]	Interest Rate Swaps [Member]	Interest Rate Swaps [Member]	Interest Rate Swaps [Member]
					Designated as Hedging Instrument [Member]	Designated as Hedging Instrument [Member]	Designated as Hedging Instrument [Member]	Designated as Hedging Instrument [Member]	Designated as Hedging Instrument [Member]	Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]	'	'	'	'	'	'	'	'	'	'
Effective Dates	'	'	'	'	'	'	'	'	12-Oct-12	11-Jul-14
Maturity Dates	'	'	'	'	'	'	'	'	11-Oct-17	11-Jul-19
Outstanding Notional Amount	'	'	$262,719	$119,128	'	'	'	'	'	'
Fair Value of Asset	550	644	'	'	550	644	'	'	'	'
Fair Value of (Liability)	($676)	($44)	'	'	'	'	($676)	($44)	'	'

Derivative_Instruments_and_Hed4

Derivative Instruments and Hedging Activities (Schedule of Gains or Losses Recognized on Derivative Instruments) (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Derivative Instruments, Gain (Loss) [Line Items]	'	'	'	'
Amount of (loss) income recognized in OCI on derivatives (effective portion)	'	'	($2,513)	'
Amounts reclassified from accumulated other comprehensive income (loss) (effective portion)	'	'	1,787	'
Interest Rate Swaps [Member]	'	'	'	'
Derivative Instruments, Gain (Loss) [Line Items]	'	'	'	'
Amount of (loss) income recognized in OCI on derivatives (effective portion)	-59	-683	-2,513	732
Amounts reclassified from accumulated other comprehensive income (loss) (effective portion)	$841	$189	$1,787	$521

Derivative_Instruments_and_Hed5

Derivative Instruments and Hedging Activities (Schedule of Offsetting of Derivative Assets) (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Derivative Instruments and Hedging Activities [Abstract]	'	'
Gross Amounts of Recognized Assets	$550	$644
Gross Amounts Offset in the Balance Sheet	'	'
Net Amounts of Assets presented in the Balance Sheet	550	644
Gross Amounts Not Offset in the Balance Sheet, Financial Instruments Collateral	'	'
Gross Amounts Not Offset in the Balance Sheet, Cash Collateral	'	'
Net Amount	$550	$644

Derivative_Instruments_and_Hed6

Derivative Instruments and Hedging Activities (Schedule of Offsetting of Derivative Liabilities) (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Derivative Instruments and Hedging Activities [Abstract]	'	'
Gross Amounts of Recognized Liabilities	$676	$44
Gross Amounts Offset in the Balance Sheet	'	'
Net Amounts Of Liabilities presented in the Balance Sheet	676	44
Gross Amounts Not Offset in the Balance Sheet, Financial Instruments Collateral	'	'
Gross Amounts Not Offset in the Balance Sheet, Cash Collateral	'	'
Net Amount	$676	$44

Accumulated_Other_Comprehensiv2

Accumulated Other Comprehensive Income (Loss) (Schedule of Amounts Recognized in Accumulated Other Comprehensive Income (Loss)) (Details) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]	'
Balance as of December 31, 2013	$600
Other comprehensive loss before reclassification	-2,513
Amounts reclassified from accumulated other comprehensive income (loss) to net income (effective portion)	1,787
Other comprehensive loss	-726
Balance as of September 30, 2014	-126
Unrealized Loss On Derivative Instruments [Member]	'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'
Balance as of December 31, 2013	600
Other comprehensive loss before reclassification	-2,513
Amounts reclassified from accumulated other comprehensive income (loss) to net income (effective portion)	1,787
Other comprehensive loss	-726
Balance as of September 30, 2014	($126)

Accumulated_Other_Comprehensiv3

Accumulated Other Comprehensive Income (Loss) (Schedule of Reclassifications Out of Accumulated Other Comprehensive Income (Loss)) (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'	'
Interest expense	$257	($1,936)	($2,174)	($4,195)
Reclassification Out Of Accumulated Other Comprehensive Income (Loss) [Member] | Unrealized Loss On Derivative Instruments [Member] | Interest Rate Swaps [Member]	'	'	'	'
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'	'
Interest expense	'	'	$1,787	'

Subsequent_Events_Details

Subsequent Events (Details) (USD $)	3 Months Ended		9 Months Ended		0 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Oct. 01, 2014	Oct. 31, 2014	Oct. 01, 2014	Nov. 03, 2014	Nov. 06, 2014	Nov. 06, 2014
					Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]
					Chicago Data Center Loan [Member]	Alpharetta Data Center II [Member]	September 1, 2014 To September 30, 2014 [Member]	October 1, 2014 To October 31, 2014 [Member]	December 1, 2014 To February 28, 2015 [Member]	December 1, 2014 To February 28, 2015 [Member]
						customer
Subsequent Event [Line Items]	'	'	'	'	'	'	'	'	'	'
Aggregate distributions	'	'	'	'	'	'	$9,980,000	$10,343,000	'	'
Distributions paid in cash	'	'	30,312,000	8,900,000	'	'	4,504,000	4,663,000	'	'
Distributions reinvested in shares of common stock pursuant to DRIP	'	'	33,684,000	7,452,000	'	'	5,476,000	5,680,000	'	'
Proceeds from notes payable	'	'	191,466,000	14,000,000	105,850,000	'	'	'	'	'
Percentage of fee simple interest acquired	'	'	'	'	'	100.00%	'	'	'	'
Cash paid for investments in real estate	'	'	$952,950,000	$233,483,000	'	$56,700,000	'	'	'	'
Number of tenants	'	'	'	'	'	1	'	'	'	'
Number of days, distribution calculation	'	'	'	'	'	'	'	'	'365 days	'
Distributions declared per common share	$0.18	$0.18	$0.52	$0.52	'	'	'	'	$0.00	'
Annualized distribution rate	'	'	'	'	'	'	'	'	7.00%	'
Assumed purchase price per share	'	'	'	'	'	'	'	'	'	$10