Cim Income Nav 10-K 28 Mar 14 2013 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
In Millions, except Share data in Thousands, unless otherwise specified	Dec. 31, 2013	Jun. 30, 2013	Mar. 25, 2014	Mar. 25, 2014	Mar. 25, 2014
			Common Class W	Common Class A	Common Class I
Entity Registrant Name	'COLE REAL ESTATE INCOME STRATEGY (DAILY NAV), INC.	'	'	'	'
Entity Central Index Key	'0001498542	'	'	'	'
Document Type	'10-K	'	'	'	'
Document Period End Date	31-Dec-13	'	'	'	'
Amendment Flag	'false	'	'	'	'
Document Fiscal Year Focus	'2013	'	'	'	'
Document Fiscal Period Focus	'FY	'	'	'	'
Current Fiscal Year End Date	'--12-31	'	'	'	'
Entity Filer Category	'Non-accelerated Filer	'	'	'	'
Entity Common Stock, Shares Outstanding	'	'	4,600	55	131
Entity Well-known Seasoned Issuer	'No	'	'	'	'
Entity Voluntary Filers	'No	'	'	'	'
Entity Current Reporting Status	'Yes	'	'	'	'
Entity Public Float	'	$0	'	'	'

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Investment in real estate assets:	'	'
Land	$24,143	$12,765
Buildings and improvements, less accumulated depreciation of $1,451 and $440, respectively	67,123	16,634
Intangible lease assets, less accumulated amortization of $795 and $246, respectively	11,530	3,703
Total investment in real estate assets, net	102,796	33,102
Investment in marketable securities	460	227
Total investment in real estate assets and marketable securities, net	103,256	33,329
Cash and cash equivalents	5,370	998
Restricted cash	105	122
Rents and tenant receivables	581	310
Prepaid expenses and other assets	107	105
Deferred financing costs, less accumulated amortization of $489 and $189, respectively	464	345
Total assets	109,883	35,209
LIABILITIES AND STOCKHOLDERSb EQUITY	'	'
Line of credit	43,900	20,640
Accounts payable and accrued expenses	479	374
Escrowed investor proceeds	105	122
Due to affiliates	829	335
Acquired below market lease intangibles, less accumulated amortization of $126 and $51, respectively	1,348	903
Distributions payable	317	65
Deferred rental income and other liabilities	261	120
Total liabilities	47,239	22,559
Commitments and contingencies	'	'
Redeemable common stock	6,982	3,770
STOCKHOLDERSb EQUITY:	'	'
Preferred stock, $0.01 par value; 10,000,000 shares authorized, none issued and outstanding	0	0
Capital in excess of par value	59,573	10,010
Accumulated distributions in excess of earnings	-3,949	-1,140
Accumulated other comprehensive (loss) income	-3	1
Total stockholdersb equity	55,662	8,880
Total liabilities and stockholdersb equity	109,883	35,209
A Shares common stock, $0.01 par value; 163,000,000 shares authorized, 23,767 and 0 shares issued and outstanding, respectively	'	'
STOCKHOLDERSb EQUITY:	'	'
Shares common stock	0	0
I Shares common stock, $0.01 par value; 163,000,000 shares authorized, 129,176 and 0 shares issued and outstanding, respectively	'	'
STOCKHOLDERSb EQUITY:	'	'
Shares common stock	1	0
W Shares common stock, $0.01 par value; 164,000,000 shares authorized, 3,993,916 and 914,037 shares issued and outstanding, respectively	'	'
STOCKHOLDERSb EQUITY:	'	'
Shares common stock	$40	$9

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, except Share data, unless otherwise specified
Accumulated depreciation on buildings and improvements	$1,451	$440
Accumulated amortization on intangible lease assets	795	246
Accumulated amortization on deferred financing costs	489	189
Accumulated amortization on acquired below market lease intangible	$126	$51
Preferred stock, par value	$0.01	$0.01
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$0.01	'
Common stock, shares authorized	490,000,000	'
Common stock, shares outstanding	4,172,068	'
Common Class W	'	'
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	164,000,000	490,000,000
Common stock, shares issued	3,993,916	914,037
Common stock, shares outstanding	3,993,916	914,037
Common Class A	'	'
Common stock, par value	$0.01	$0
Common stock, shares authorized	163,000,000	0
Common stock, shares issued	23,767	0
Common stock, shares outstanding	23,767	0
Common Class I	'	'
Common stock, par value	$0.01	$0
Common stock, shares authorized	163,000,000	0
Common stock, shares issued	129,176	0
Common stock, shares outstanding	129,176	0

Consolidated_Statement_of_Oper

Consolidated Statement of Operations (USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Revenues:	'	'	'
Rental and other property income	$4,748	$2,537	$149
Tenant reimbursement income	336	150	6
Interest income on marketable securities	5	1	0
Total revenues	5,089	2,688	155
Expenses:	'	'	'
General and administrative expenses	1,100	890	62
Property operating expenses	391	193	7
Advisory expenses	806	199	6
Acquisition related expenses	852	21	417
Depreciation	1,011	422	17
Amortization	519	228	9
Total operating expenses	4,679	1,953	518
Operating income (loss)	410	735	-363
Other expense:	'	'	'
Interest and other expense, net	944	815	54
Net loss	($534)	($80)	($417)
Weighted average number of common shares outstanding:	'	'	'
Basic and diluted (shares)	2,509,921	722,190	57,169
Net loss per common share:	'	'	'
Basic and diluted (in dollars per share)	($0.21)	($0.11)	($7.29)

Consolidated_Statement_of_Comp

Consolidated Statement of Comprehensive Income (Loss) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Statement of Comprehensive Income [Abstract]	'	'	'
Net loss	($534)	($80)	($417)
Other comprehensive (loss) income:	'	'	'
Reclassification of previous unrealized loss on marketable securities into net loss	1	0	0
Unrealized (loss) gain on marketable securities	-5	1	0
Total other comprehensive (loss) income	-4	1	0
Comprehensive loss	($538)	($79)	($417)

Consolidated_Statement_of_Stoc

Consolidated Statement of Stockholders' Equity (USD $)	Total	Common Class W	Common Class A	Common Class I	Common Stock	Common Stock	Common Stock	Common Stock	Capital in Excess of Par Value	Accumulated Distributions in Excess of Earnings	Accumulated Other Comprehensive Income
In Thousands, except Share data, unless otherwise specified	USD ($)					Common Class W	Common Class A	Common Class I	USD ($)	USD ($)	USD ($)
						USD ($)	USD ($)	USD ($)
Balance at Dec. 31, 2010	$200	'	'	'	'	$0	$0	$0	$200	$0	$0
Balance, shares at Dec. 31, 2010	'	'	'	'	'	13,333	0	0	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'	'	'	'	'	'	'
Issuance of common stock, shares	'	'	'	'	'	666,667	'	'	'	'	'
Issuance of common stock	10,000	'	'	'	'	7	'	'	9,993	'	'
Distributions to investors	-37	'	'	'	'	'	'	'	'	-37	'
Dealer manager fees	-4	'	'	'	'	'	'	'	-4	'	'
Other offering costs	-75	'	'	'	'	'	'	'	-75	'	'
Comprehensive (loss) income	-417	'	'	'	'	'	'	'	'	-417	'
Balance at Dec. 31, 2011	9,667	'	'	'	'	7	0	0	10,114	-454	0
Balance, shares at Dec. 31, 2011	'	'	'	'	'	680,000	0	0	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'	'	'	'	'	'	'
Issuance of common stock, shares	'	'	'	'	'	234,037	'	'	'	'	'
Issuance of common stock	3,729	'	'	'	'	2	'	'	3,727	'	'
Distributions to investors	-606	'	'	'	'	'	'	'	'	-606	'
Dealer manager fees	-33	'	'	'	'	'	'	'	-33	'	'
Other offering costs	-28	'	'	'	'	'	'	'	-28	'	'
Changes in redeemable common stock	-3,770	'	'	'	'	'	'	'	-3,770	'	'
Comprehensive (loss) income	-79	'	'	'	'	'	'	'	'	-80	1
Balance at Dec. 31, 2012	8,880	'	'	'	'	9	0	0	10,010	-1,140	1
Balance, shares at Dec. 31, 2012	'	914,037	0	0	'	914,037	0	0	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'	'	'	'	'	'	'
Issuance of common stock, shares	'	'	'	'	3,271,364	3,247,362	23,767	235	'	'	'
Issuance of common stock	54,085	'	'	'	'	32	0	'	54,053	'	'
Transfer of common stock, shares	'	'	'	'	'	-128,941	'	128,941	'	'	'
Transfer of common stock	0	'	'	'	'	-1	'	1	'	'	'
Distributions to investors	-2,275	'	'	'	'	'	'	'	'	-2,275	'
Dealer manager fees	-245	'	'	'	'	'	'	'	-245	'	'
Other offering costs	-406	'	'	'	'	'	'	'	-406	'	'
Redemptions of common stock, shares	'	'	'	'	'	-38,542	'	'	'	'	'
Redemptions of common stock	-627	'	'	'	'	-627	'	'	-627	'	'
Changes in redeemable common stock	-3,212	'	'	'	'	'	'	'	-3,212	'	'
Comprehensive (loss) income	-538	'	'	'	'	'	'	'	'	-534	-4
Balance at Dec. 31, 2013	$55,662	'	'	'	'	$40	$0	$1	$59,573	($3,949)	($3)
Balance, shares at Dec. 31, 2013	4,172,068	3,993,916	23,767	129,176	'	3,993,916	23,767	129,176	'	'	'

Consolidated_Statement_of_Cash

Consolidated Statement of Cash Flows (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Cash flows from operating activities:	'	'	'
Net loss	($534)	($80)	($417)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:	'	'	'
Depreciation	1,011	422	17
Amortization of intangible lease assets and below market lease intangibles, net	474	188	8
Amortization of deferred financing costs	300	177	12
Amortization on marketable securities, net	3	1	0
Loss on sale of marketable securities	2	0	0
Changes in assets and liabilities:	'	'	'
Rents and tenant receivables	-271	-269	-40
Prepaid expenses and other assets	-2	-103	-2
Accounts payable and accrued expenses	105	245	129
Deferred rental income and other liabilities	141	1	119
Due to affiliates	421	93	105
Net cash provided by (used in) operating activities	1,650	675	-69
Cash flows from investing activities:	'	'	'
Investment in real estate and related assets	-70,734	-2,921	-29,914
Investment in marketable securities	-361	-243	0
Proceeds from sale of marketable securities	119	16	0
Change in restricted cash	17	-122	0
Net cash used in investing activities	-70,959	-3,270	-29,914
Cash flows from financing activities:	'	'	'
Proceeds from line of credit	48,875	1,675	0
Repayments of line of credit	-25,615	-2,475	21,440
Proceeds from issuance of common stock	53,451	3,722	10,000
Offering costs on issuance of common stock	-578	0	-4
Redemptions of common stock	-627	0	0
Distributions to investors	-1,389	-570	0
Change in escrowed investor proceeds liability	-17	122	0
Deferred financing costs paid	-419	-16	-518
Net cash provided by financing activities	73,681	2,458	30,918
Net increase (decrease) in cash and cash equivalents	4,372	-137	935
Cash and cash equivalents, beginning of year	998	1,135	200
Cash and cash equivalents, end of year	5,370	998	1,135
Supplemental Disclosures of Non-Cash Investing and Financing Activities:	'	'	'
Common stock issued through distribution reinvestment plan	634	8	0
Distributions declared and unpaid	317	65	37
Accrued dealer manager fee and other offering costs	210	137	75
Reclassification of unrealized loss on marketable securities into net loss	1	0	0
Unrealized (loss) gain on marketable securities	-5	1	0
Accrued property escrow deposits due to affiliate	0	0	905
Supplemental Cash Flow Disclosures:	'	'	'
Interest paid	$602	$634	$0

Organization_and_Business

Organization and Business	12 Months Ended
	Dec. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
ORGANIZATION AND BUSINESS	'
	ORGANIZATION AND BUSINESS
	Cole Real Estate Income Strategy (Daily NAV), Inc. (the “Company”) is a Maryland corporation that was formed on July 27, 2010, which has elected to be taxed as a real estate investment trust (“REIT”) for federal income tax purposes. Substantially all of the Company’s business is conducted through Cole Real Estate Income Strategy (Daily NAV) Operating Partnership, LP (“Cole OP”), a Delaware limited partnership. The Company is the sole general partner of, and owns directly or indirectly, 100% of the partnership interest in Cole OP. The Company is externally managed by Cole Real Estate Income Strategy (Daily NAV) Advisors, LLC (“Cole Advisors”), which was indirectly owned by Cole Real Estate Investments, Inc. (NYSE: COLE) (“Cole”, formerly known as Cole Credit Property Trust III, Inc.) as a result of Cole acquiring Cole Holdings Corporation (“CHC”) on April 5, 2013 pursuant to a transaction whereby CHC merged with and into CREInvestments, LLC (“CREI”), a wholly-owned subsidiary of Cole. On February 7, 2014, American Realty Capital Properties, Inc. (“ARCP”) acquired Cole pursuant to a transaction whereby Cole merged with and into Clark Acquisition, LLC, a wholly owned subsidiary of ARCP (“Merger Sub”), with Merger Sub surviving as a wholly owned subsidiary of ARCP (the “ARCP Merger”). ARCP is a self-managed publicly traded Maryland corporation listed on The NASDAQ Global Select Market, focused on acquiring and owning single tenant freestanding commercial properties subject to net leases with high credit quality tenants. As a result of the ARCP Merger, ARCP indirectly owns and/or controls the Company’s external advisor, Cole Advisors, the Company’s dealer manager, Cole Capital Corporation (“CCC”), the Company’s property manager, CREI Advisors, LLC (“CREI Advisors”), and the Company’s sponsor, Cole Capital™.
	On December 6, 2011, pursuant to a registration statement filed on Form S-11 (Registration No. 333-169535) (the “Initial Registration Statement”) under the Securities Act of 1933, as amended (the “Securities Act”), the Company commenced its initial public offering on a “best efforts” basis of $4.0 billion in shares of common stock. On August 26, 2013, pursuant to a registration statement filed on Form S-11 (Registration No. 333-186656) (the “Multi-Class Registration Statement”) under the Securities Act, the Company designated the existing shares of the Company’s common stock that were sold prior to such date to be W Shares of common stock and registered two new classes of the Company’s common stock, Advisor Class shares (“A Shares”) and Institutional Class shares (“I Shares”). Pursuant to the Multi-Class Registration Statement, the Company is offering up to $4.0 billion in shares of common stock of the three classes (the “Offering”), consisting of $3.5 billion in shares in the Company’s primary offering (the “Primary Offering”) and $500.0 million in shares pursuant to a distribution reinvestment plan (the “DRIP”). The Company is offering to sell any combination of W Shares, A Shares and I Shares with a dollar value up to the maximum offering amount.
	The Company’s per share purchase price for each class of common stock varies from day-to-day and, on each business day, is equal to, for each class of common stock, the Company’s net asset value (“NAV”) for such class, divided by the number of shares of that class outstanding as of the close of business on such day, plus, for A Shares sold in the Primary Offering, applicable selling commissions. The Company’s NAV per share is calculated daily as of the close of business by an independent fund accountant using a process that reflects (1) estimated values of each of the Company’s commercial real estate assets, related liabilities and notes receivable secured by real estate provided periodically by the Company’s independent valuation expert in individual appraisal reports, (2) daily updates in the price of liquid assets for which third party market quotes are available, (3) accruals of daily distributions, and (4) estimates of daily accruals, on a net basis, of operating revenues, expenses, debt service costs and fees. As of December 31, 2013 the NAV per share for W Shares, A Shares, and I Shares was $16.84, $16.83, and $16.85, respectively. The Company’s NAV is not audited or reviewed by its independent registered public accounting firm.
	The Company intends to use substantially all of the net proceeds from the Offering to acquire and operate a diversified portfolio primarily consisting of (1) necessity retail, office and industrial properties that are leased to creditworthy tenants under long-term net leases, and are strategically located throughout the United States and U.S. protectorates, (2) notes receivable secured by commercial real estate, including the origination of loans, and (3) cash, cash equivalents, other short-term investments and traded real estate-related securities. As of December 31, 2013, the Company owned 32 commercial properties located in 19 states, containing 720,000 rentable square feet of commercial space, including square feet of buildings which are on land subject to ground leases. As of December 31, 2013, these properties were 99.8% leased.
	The Company is structured as a perpetual-life, non-exchange traded REIT. This means that, subject to regulatory approval of filing for additional offerings, the Company will be selling shares of common stock on a continuous basis and for an indefinite period of time to the extent permissible under applicable law. The Company will endeavor to take all reasonable actions to avoid interruptions in the continuous offering of shares of common stock. The Company reserves the right to terminate the Offering at any time.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2013
Accounting Policies [Abstract]	'
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	The summary of significant accounting policies presented below is designed to assist in understanding the Company’s consolidated financial statements. These accounting policies conform to accounting principles generally accepted in the United States of America (“GAAP”) in all material respects, and have been consistently applied in preparing the accompanying consolidated financial statements.
	Principles of Consolidation and Basis of Presentation
	The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.
	Use of Estimates
	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
	Investment in and Valuation of Real Estate and Related Assets
	Real estate and related assets are stated at cost, less accumulated depreciation and amortization. Amounts capitalized to real estate and related assets consist of the cost of acquisition, excluding acquisition related expenses, construction and any tenant improvements, major improvements and betterments that extend the useful life of the real estate and related assets and leasing costs. All repairs and maintenance are expensed as incurred.
	The Company is required to make subjective assessments as to the useful lives of its depreciable assets. The Company considers the period of future benefit of each respective asset to determine the appropriate useful life of the assets. Real estate and related assets, other than land, are depreciated or amortized on a straight-line basis. The estimated useful lives of the Company’s real estate and related assets by class are generally as follows:
	Buildings	40 years
	Tenant improvements	Lesser of useful life or lease term
	Intangible lease assets	Lease term
	The Company continually monitors events and changes in circumstances that could indicate that the carrying amounts of its real estate and related assets may not be recoverable. Impairment indicators that the Company considers include, but are not limited to, bankruptcy or other credit concerns of a property’s major tenant, such as a history of late payments, rental concessions and other factors, a significant decrease in a property’s revenues due to lease terminations, vacancies, co-tenancy clauses, reduced lease rates or other circumstances. When indicators of potential impairment are present, the Company assesses the recoverability of the assets by determining whether the carrying amount of the assets will be recovered through the undiscounted future cash flows expected from the use of the assets and their eventual disposition. In the event that such expected undiscounted future cash flows do not exceed the carrying amount, the Company will adjust the real estate and related assets to their respective fair values and recognize an impairment loss. Generally, fair value is determined using a discounted cash flow analysis and recent comparable sales transactions. No impairment indicators were identified and no impairment losses were recorded during the years ended December 31, 2013, 2012 or 2011.
	When developing estimates of expected future cash flows, the Company makes certain assumptions regarding future market rental income amounts subsequent to the expiration of current lease agreements, property operating expenses, terminal capitalization and discount rates, the expected number of months it takes to re-lease the property, required tenant improvements and the number of years the property will be held for investment. The use of alternative assumptions in estimating expected future cash flows could result in a different determination of the property’s expected future cash flows and a different conclusion regarding the existence of an impairment, the extent of such loss, if any, as well as the fair value of the real estate and related assets.
	When a real estate asset is identified by the Company as held for sale, the Company will cease depreciation and amortization of the assets related to the property and estimate the fair value, net of selling costs. If, in management’s opinion, the fair value, net of selling costs, of the asset is less than the carrying amount of the asset, an adjustment to the carrying amount would be recorded to reflect the estimated fair value of the property, net of selling costs. There were no assets identified as held for sale as of December 31, 2013, 2012 or 2011.
	Allocation of Purchase Price of Real Estate and Related Assets
	Upon the acquisition of real properties, the Company allocates the purchase price to acquired tangible assets, consisting of land, buildings and improvements, and identified intangible assets and liabilities, consisting of the value of above market and below market leases and the value of in-place leases, based in each case on their respective fair values. Acquisition related expenses are expensed as incurred. The Company utilizes independent appraisals to assist in the determination of the fair values of the tangible assets of an acquired property (which includes land and building). The Company obtains an independent appraisal for each real property acquisition. The information in the appraisal, along with any additional information available to the Company’s management, is used in estimating the amount of the purchase price that is allocated to land. Other information in the appraisal, such as building value and market rents, may be used by the Company’s management in estimating the allocation of purchase price to the building and to intangible lease assets and liabilities. The appraisal firm has no involvement in management’s allocation decisions other than providing this market information.
	The fair values of above market and below market lease intangibles are recorded based on the present value (using a discount rate which reflects the risks associated with the leases acquired) of the difference between (1) the contractual amounts to be paid pursuant to the in-place leases and (2) an estimate of fair market lease rates for the corresponding in-place leases, which is generally obtained from independent appraisals, measured over a period equal to the remaining non-cancelable term of the lease including any bargain renewal periods, with respect to a below market lease. The above market and below market lease intangibles are capitalized as intangible lease assets or liabilities, respectively. Above market leases are amortized as a reduction to rental income over the remaining terms of the respective leases. Below market leases are amortized as an increase to rental income over the remaining terms of the respective leases, including any bargain renewal periods. In considering whether or not the Company expects a tenant to execute a bargain renewal option, the Company evaluates economic factors and certain qualitative factors at the time of acquisition, such as the financial strength of the tenant, remaining lease term, the tenant mix of the leased property, the Company’s relationship with the tenant and the availability of competing tenant space. If a lease were to be terminated prior to its stated expiration, all unamortized amounts of above market or below market lease intangibles relating to that lease would be recorded as an adjustment to rental income.
	The fair values of in-place leases include estimates of direct costs associated with obtaining a new tenant and opportunity costs associated with lost rental and other property income which are avoided by acquiring a property with an in-place lease. Direct costs associated with obtaining a new tenant include commissions and other direct costs, and are estimated in part by utilizing information obtained from independent appraisals and management’s consideration of current market costs to execute a similar lease. The intangible values of opportunity costs, which are calculated using the contractual amounts to be paid pursuant to the in-place leases over a market absorption period for a similar lease are capitalized as intangible lease assets and are amortized to expense over the remaining term of the respective leases. If a lease were to be terminated prior to its stated expiration, all unamortized amounts of in-place lease assets relating to that lease would be expensed.
	The Company will estimate the fair value of assumed mortgage notes payable based upon indications of current market pricing for similar types of debt financing with similar maturities. Assumed mortgage notes payable will initially be recorded at their estimated fair value as of the assumption date, and any difference between such estimated fair value and the mortgage note’s outstanding principal balance will be amortized to interest expense over the term of the respective mortgage note payable.
	The determination of the fair values of the real estate and related assets and liabilities acquired requires the use of significant assumptions with regard to the current market rental rates, rental growth rates, capitalization and discount rates, interest rates and other variables. The use of alternative estimates may result in a different allocation of the Company’s purchase price, which could impact the Company’s results of operations.
	Investment in Marketable Securities
	Investment in marketable securities consists primarily of the Company’s investment in corporate and government debt securities. The Company determines the appropriate classification for debt securities at the time of purchase and reevaluates such designation as of each balance sheet date. As of December 31, 2013, the Company classified its investments as available-for-sale as the Company is not actively trading the securities; however, the Company may sell them prior to their maturity. These investments are carried at their estimated fair value with unrealized gains and losses reported in accumulated other comprehensive (loss) income.
	The Company monitors its available-for-sale securities for impairments. A loss is recognized when the Company determines that a decline in the estimated fair value of a security below its amortized cost is other-than-temporary. The Company considers many factors in determining whether the impairment of a security is deemed to be other-than-temporary, including, but not limited to, the length of time the security has had a decline in estimated fair value below its amortized cost, the amount of the unrealized loss, the intent and ability of the Company to hold the security for a period of time sufficient for a recovery in value, recent events specific to the issuer or industry, external credit ratings and recent changes in such ratings. The analysis of determining whether the impairment of a security is deemed to be other-than-temporary requires significant judgments and assumptions. The use of alternative judgments and assumptions could result in a different conclusion.
	The amortized cost of debt securities is adjusted for amortization of premiums and accretion of discounts to maturity computed under the effective interest method and is recorded in the accompanying consolidated statements of operations in interest income on marketable securities along with interest and dividend income. Upon the sale of a security, the realized net gain or loss is computed on the specific identification method.
	Cash and Cash Equivalents
	The Company considers all highly liquid instruments with maturities when purchased of three months or less to be cash equivalents. The Company considers investments in highly liquid money market accounts to be cash equivalents.
	Restricted Cash and Escrows
	Included in restricted cash were escrowed investor proceeds for which shares of common stock had not been issued as of December 31, 2013 and December 31, 2012.
	Rents and Tenant Receivables
	Rents and tenant receivables primarily include amounts to be collected in future periods related to the recognition of rental income on a straight-line basis over the lease term and cost recoveries due from tenants. The Company makes estimates of the uncollectability of its accounts receivable related to base rents, expense reimbursements and other revenues. The Company analyzes accounts receivable and historical bad debt levels, customer creditworthiness and current economic trends when evaluating the adequacy of the allowance for doubtful accounts. In addition, tenants in bankruptcy, if any, are analyzed and estimates are made in connection with the expected recovery of pre-petition and post-petition claims. The Company’s reported net income or loss is directly affected by management’s estimate of the collectability of accounts receivable. The Company records allowances for those balances that the Company deems to be uncollectible, including any amounts relating to straight-line rent receivables. As of December 31, 2013 and 2012, no balances were deemed uncollectible and no allowance was recorded.
	Prepaid Expenses and Other Assets
	Prepaid expenses and other assets include expenses paid as of the balance sheet date that relate to future periods and will be expensed or reclassified to another account during the period to which the costs relate. Any amounts with no future economic benefit are charged to earnings when identified.
	Deferred Financing Costs
	Deferred financing costs are capitalized and amortized on a straight-line basis over the term of the related financing arrangement, which approximates the effective interest method. If a note payable is prepaid, any unamortized deferred financing costs related to the note payable would be expensed. Amortization of deferred financing costs was $300,000, $177,000 and $12,000 for the years ended December 31, 2013, 2012 and 2011, respectively, and was recorded in interest expense in the consolidated statements of operations.
	Revenue Recognition
	Certain properties have leases where minimum rental payments increase during the term of the lease. The Company records rental revenue for the full term of each lease on a straight-line basis. When the Company acquires a property, the terms of existing leases are considered to commence as of the acquisition date for the purposes of this calculation. The Company defers the recognition of contingent rental income, such as percentage rents, until the specific target that triggers the contingent rental income is achieved. Expected reimbursements from tenants for recoverable real estate taxes and operating expenses are included in tenant reimbursement income in the period when such costs are incurred.
	Income Taxes
	The Company elected to be taxed, and currently qualifies as, a REIT for federal income tax purposes under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the “Internal Revenue Code”), commencing with its taxable year ending December 31, 2012. If the Company qualifies for taxation as a REIT, the Company generally will not be subject to federal corporate income tax to the extent it distributes its taxable income to its stockholders, and so long as it distributes at least 90% of its taxable income, determined without regard to the deduction for dividends paid and excluding certain non-cash items and net capital gains. REITs are subject to a number of other organizational and operational requirements. Even if the Company maintains its qualification to be taxed as a REIT, it may be subject to certain state and local taxes on its income and property, and federal income and excise taxes on its undistributed income.
	Concentration of Credit Risk
	As of December 31, 2013, the Company had cash on deposit at two financial institutions, in one of which the Company had deposits in excess of federally insured levels totaling $5.1 million; however, the Company has not experienced any losses in such accounts. The Company limits significant cash deposits to accounts held by financial institutions with high credit standing; therefore, the Company believes it is not exposed to any significant credit risk on its cash deposits.
	As of December 31, 2013, no single tenant accounted for greater than 10% of the Company’s 2013 gross annualized rental revenues. Tenants in the home and garden, grocery and drugstore industries accounted for 17%, 16% and 16%, respectively, of the Company’s 2013 gross annualized rental revenues. Additionally, the Company has certain geographic concentrations in its property holdings. In particular, as of December 31, 2013, three of the Company’s properties were located in Michigan and three of the Company’s properties were located in Texas, accounting for 16% and 14%, respectively, of the Company’s 2013 gross annualized rental revenues.
	Offering and Related Costs
	Cole Advisors funds all of the organization and offering costs associated with the sale of the Company’s common stock (excluding selling commissions, the distribution fee and the dealer manager fee) and is reimbursed for such costs up to 0.75% of gross proceeds from the Offering, excluding selling commissions charged on A Shares sold in the Primary Offering. As of December 31, 2013, Cole Advisors, or its affiliates, had paid organization and offering costs in excess of the 0.75% in connection with the Offering. These excess costs were not included in the financial statements of the Company because such costs were not a liability of the Company as they exceeded 0.75% of gross proceeds from the Offering. As the Company raises additional proceeds from the Offering, these excess costs may become payable to Cole Advisors.
	Due to Affiliates
	Cole Advisors and certain of its affiliates received, and will continue to receive fees, reimbursements and compensation in connection with services provided relating to the Offering and the acquisition, management and performance of the Company’s assets. As of December 31, 2013 and 2012, $829,000 and $335,000, respectively, was due to Cole Advisors and its affiliates for such services, as discussed in Note 10 to these consolidated financial statements.
	Stockholders’ Equity
	As of December 31, 2013, the Company was authorized to issue up to 500,000,000 shares of capital stock. Of the total number of shares of capital stock authorized (a) 490,000,000 shares are designated as common stock, 164,000,000 of which are classified as W Shares, 163,000,000 of which are classified as A Shares and 163,000,000 of which are classified as I Shares, and (b) 10,000,000 shares are designated as preferred stock. All shares of such stock have a par value of $0.01 per share. The par value of investor proceeds raised from the Offering is classified as common stock, with the remainder allocated to capital in excess of par value. The Company’s board of directors may amend the charter from time to time to increase or decrease the aggregate number of authorized shares of capital stock or the number of authorized shares of capital stock of any class or series without stockholder approval.
	Redeemable Common Stock
	The Company has adopted a share redemption program that permits its stockholders to redeem their shares, subject to certain limitations discussed in Note 12 to these consolidated financial statements. The Company records amounts that are redeemable under the share redemption program as redeemable common stock outside of permanent equity in its consolidated balance sheets. Redeemable common stock is recorded at the greater of the carrying amount or redemption value each reporting period. Changes in the value from period to period are recorded as an adjustment to capital in excess of par value.
	As of December 31, 2013, the quarterly redemption capacity was equal to 10% of the Company’s NAV and this amount was recorded as redeemable common stock on the consolidated balance sheet for a total of $7.0 million. As of December 31, 2012, the outstanding shares eligible for redemption were recorded as redeemable common stock on the consolidated balance sheet, at the NAV per share, for a total of $3.8 million. As of December 31, 2013 and 2012, certain shares were not permitted to be redeemed subject to certain limitations as discussed in Note 12 to these consolidated financial statements.
	Loss Per Share
	Loss per share is calculated based on the weighted average number of common shares outstanding during each period presented. Diluted loss per share considers the effect of any potentially dilutive share equivalents, of which the Company had none for each of the years ended December 31, 2013, 2012 and 2011.
	Reportable Segments
	The Company’s operating segment consists of commercial properties, which include activities related to investing in real estate including retail properties. The commercial properties are geographically diversified throughout the United States and have similar economic characteristics. The Company evaluates operating performance on an overall portfolio level; therefore the Company’s properties are aggregated into one reportable segment.
	Interest
	Interest is charged to interest expense as it accrues. No interest costs were capitalized during the years ended December 31, 2013, 2012 and 2011.
	Distributions Payable and Distribution Policy
	In order to qualify as a REIT, the Company is required, among other things, to make distributions each taxable year equal to at least 90% of its taxable income, determined without regard to the deduction for dividends paid and excluding certain non-cash items and net capital gains. To the extent funds are available, the Company intends to pay regular distributions to stockholders. Distributions are paid to stockholders of record as of the applicable record dates.
	The Company’s board of directors authorized a daily distribution, based on 365 days in the calendar year of $0.002429042 per share for stockholders of record as of the close of business on each day of the period commencing on January 1, 2013 and ending on September 30, 2013. The Company’s board of directors authorized a daily distribution of $0.002563727 per share (the “Daily Distribution Amount”) for stockholders of record as of the close of business on each day of the period commencing on October 1, 2013 for W Shares, October 10, 2013 for A Shares (the day on which A Shares were first issued) and November 19, 2013 for I Shares (the day on which I Shares were first issued), and ending on December 31, 2013. The Daily Distribution Amount for each class of outstanding common stock is adjusted based on the relative NAV of the various classes each day so that, from day to day, distributions constitute a uniform percentage of the NAV per share of all classes. As a result, from day to day, the per share daily distribution for each outstanding class of common stock may have been higher or lower than $0.002563727 per share based on the relative NAV of each class of common stock on that day. As of December 31, 2013, the Company had distributions payable of $317,000. The distributions were paid in January 2014, of which $122,000 were reinvested in shares through the DRIP.
	Recent Accounting Pronouncements
	In February 2013, the U.S. Financial Accounting Standards Board issued Accounting Standards Update, 2013-02 Comprehensive Income (Topic 220), Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income (“ASU 2013-02”), which amended the reporting requirements for comprehensive income pertaining to the reclassification of items out of accumulated other comprehensive income. ASU 2013-02 was effective for the Company beginning January 1, 2013, and the Company has presented the required information within the consolidated statements of other comprehensive income (loss) and notes to the financial statements.

Fair_Value_Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2013
Fair Value Disclosures [Abstract]	'
FAIR VALUE MEASUREMENTS	'
	FAIR VALUE MEASUREMENTS
	GAAP defines fair value, establishes a framework for measuring fair value and requires disclosures about fair value measurements. GAAP emphasizes that fair value is intended to be a market-based measurement, as opposed to a transaction-specific measurement.
	Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Depending on the nature of the asset or liability, various techniques and assumptions can be used to estimate the fair value. Assets and liabilities are measured using inputs from three levels of the fair value hierarchy, as follows:
	Level 1 – Inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. An active market is defined as a market in which transactions for the assets or liabilities occur with sufficient frequency and volume to provide pricing information on an ongoing basis.
	Level 2 – Inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active (markets with few transactions), inputs other than quoted prices that are observable for the asset or liability (i.e., interest rates, yield curves, etc.), and inputs that are derived principally from or corroborated by observable market data correlation or other means (market corroborated inputs).
	Level 3 – Unobservable inputs, which are only used to the extent that observable inputs are not available, reflect the Company’s assumptions about the pricing of an asset or liability.
	The following describes the methods the Company uses to estimate the fair value of the Company’s financial assets and liabilities:
	Cash and cash equivalents – The Company considers the carrying amounts of these financial assets to approximate fair value because of the short period of time between their origination and their expected realization.
	Line of credit – The fair value is estimated by discounting the expected cash flows based on estimated borrowing rates available to the Company as of the measurement date. The estimated fair value of the Company’s debt was $43.9 million and $20.6 million as of December 31, 2013 and 2012, respectively, which approximated the carrying value on such dates. The fair value of the Company’s debt is estimated using Level 2 inputs.
	Marketable securities – The Company’s marketable securities are carried at fair value and are valued using Level 1 inputs. The estimated fair value of the Company’s marketable securities are based on quoted market prices that are readily and regularly available in an active market.
	Considerable judgment is necessary to develop estimated fair values of financial assets and liabilities. Accordingly, the estimates presented herein are not necessarily indicative of the amounts the Company could realize, or be liable for, on disposition of the financial assets and liabilities. As of December 31, 2013, there have been no transfers of financial assets or liabilities between fair value hierarchy levels.

Real_Estate_Assets

Real Estate Assets	12 Months Ended
	Dec. 31, 2013
Real Estate [Abstract]	'
REAL ESTATE ASSETS	'
	REAL ESTATE ASSETS
	2013 Property Acquisitions
	During the year ended December 31, 2013, the Company acquired a 100% interest in 22 commercial properties for an aggregate purchase price of $70.5 million (the “2013 Acquisitions”). The Company purchased the 2013 Acquisitions with net proceeds from the Offering, combined with proceeds from borrowings, as discussed in Note 7 to these consolidated financial statements. The Company allocated the purchase price of these properties to the fair value of the assets acquired and liabilities assumed. The following table summarizes the purchase price allocation (in thousands):
		December 31, 2013
	Land	$	11,378
	Building and improvements	51,500
	Acquired in-place leases	7,963
	Acquired above market leases	213
	Acquired below market leases	(520		)
	Total purchase price	$	70,534
	The Company recorded revenue of $2.2 million and net income of $337,000 for the year ended December 31, 2013 related to the 2013 Acquisitions. In addition, the Company recorded $852,000 of acquisition related expenses for the year ended December 31, 2013.
	The following information summarizes selected financial information of the Company, as if all of the 2013 Acquisitions were completed on January 1, 2012 for each period presented below. The table below presents the Company’s estimated revenue and net income, on a pro forma basis, for the years ended December 31, 2013 and 2012 (in thousands):
		Year Ended
		December 31, 2013			December 31, 2012
	Pro forma basis (unaudited):
	Revenue	$	8,771		$	8,538
	Net income	$	879		$	859
	The unaudited pro forma information for the year ended December 31, 2013 was adjusted to exclude acquisition costs related to the 2013 Acquisitions. These costs were recognized in the unaudited pro forma information for the year ended December 31, 2012. The unaudited 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 periods presented, nor does it purport to represent the results of future operations.
	2012 Property Acquisitions
	During the year ended December 31, 2012, the Company acquired a 100% interest in one single tenant retail building for a price of $1.8 million (the “2012 Acquisition”). The Company purchased the 2012 Acquisition with net proceeds from the offering under the Initial Registration Statement. The Company allocated the purchase price of the property to the fair value of the assets acquired. The following table summarizes the purchase price allocation (in thousands):
		December 31, 2012
	Land	$	141
	Building and improvements	1,449
	Acquired in-place leases	191
	Total purchase price	$	1,781
	The Company recorded revenue of $11,000 and a net loss of $17,000 for the year ended December 31, 2012 related to the 2012 Acquisition. In addition, the Company recorded $21,000 of acquisition related expenses for the year ended December 31, 2012.
	The following information summarizes selected financial information of the Company, as if the 2012 Acquisition was completed on January 1, 2011 for each period presented below.  The table below presents the Company’s estimated revenue and net income, on a pro forma basis, for the years ended December 31, 2012 and 2011 (in thousands):
		Year Ended			Year Ended
		31-Dec-12			31-Dec-11
	Pro forma basis (unaudited):
	Revenue	$	2,806		$	285
	Net income (loss)	$	15		$	(360	)
	The unaudited pro forma information for the year ended December 31, 2012 was adjusted to exclude acquisition costs related to the 2012 Acquisition. These costs were recognized in the unaudited pro forma information for the year ended December 31, 2011. The unaudited 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 periods presented, nor does it purport to represent the results of future operations.

Intangible_Lease_Assets

Intangible Lease Assets	12 Months Ended
	Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
INTANGIBLE LEASE ASSETS	'
	INTANGIBLE LEASE ASSETS
	Intangible lease assets consisted of the following (in thousands, except weighted average life amounts):
				As of December 31,
				2013			2012
	In-place leases, net of accumulated amortization of $765 and $237, respectively
		(with a weighted average life remaining of 13.3 and 16.9 years, respectively).		$	11,247		$	3,612
	Acquired above market leases, net of accumulated amortization of $30 and $9,
		respectively (with a weighted average life remaining of 11.4 and 10.4 years, respectively).		283			91
				$	11,530		$	3,703
	Amortization expense related to the in-place lease assets for the years ended December 31, 2013, 2012 and 2011, was $528,000, $228,000 and $9,000, respectively. Amortization expense related to the acquired above market lease assets for the years ended December 31, 2013, 2012 and 2011 was $21,000, $9,000 and $1,000, respectively, and was recorded as a reduction to rental and other property income in the consolidated statements of operations.
	As of December 31, 2013, the estimated amortization expense relating to the intangible lease assets for each of the five succeeding fiscal years is as follows (in thousands):
			Amortization
	Year ending December 31,		In-Place Leases			Above Market Leases
	2014		$	1,018		$	33
	2015		$	954		$	33
	2016		$	937		$	33
	2017		$	915		$	27
	2018		$	894		$	19

Marketable_Securities

Marketable Securities	12 Months Ended
	Dec. 31, 2013
Investments, Debt and Equity Securities [Abstract]	'
MARKETABLE SECURITIES	'
	MARKETABLE SECURITIES
	The Company owned marketable securities with an estimated fair value of $460,000 and $227,000 as of December 31, 2013 and 2012, respectively. The following is a summary of the Company’s available-for-sale securities as of December 31, 2013 (in thousands):
		Available-for-sale securities
		Amortized Cost Basis			Unrealized Loss			Fair Value
	U.S. Treasury Bonds	$	95		$	—		$	95
	U.S. Agency Bonds	105			(1		)	104
	Corporate Bonds	263			(2		)	261
	Total available-for-sale securities	$	463		$	(3	)	$	460
	The following table provides the activity for the marketable securities during the year ended December 31, 2013 (in thousands):
		Amortized Cost Basis			Unrealized Gain (Loss)			Fair Value
	Marketable securities as of January 1, 2013	$	226		$	1		$	227
	Face value of marketable securities acquired	356			—			356
	Premiums and discounts on purchase of marketable securities, net of acquisition costs	6			—			6
	Amortization on marketable securities	(3		)	—			(3		)
	Sales of securities	(122		)	1			(121		)
	Decrease in fair value of marketable securities	—			(5		)	(5		)
	Marketable securities as of December 31, 2013	$	463		$	(3	)	$	460
	During the year ended December 31, 2013, the Company sold 18 marketable securities for aggregate proceeds of $119,000 and recorded a loss of $2,000 related to the sales, which is included in interest and other expense, net, on the accompanying consolidated statement of operations for the year ended December 31, 2013. In addition, the Company recorded an unrealized loss of $5,000 on its investments, which is included in accumulated other comprehensive (loss) income on the accompanying consolidated statement of stockholders’ equity for the year ended December 31, 2013 and the consolidated balance sheet as of December 31, 2013. The cumulative unrealized loss is deemed to be a temporary impairment based upon (i) the Company having no intent to sell each security, (ii) it is more likely than not that the Company will not be required to sell each security before recovery and (iii) the Company’s expectation to recover the entire amortized cost basis of each security. The Company determined that the cumulative unrealized loss resulted from volatility in interest rates and other qualitative factors relating to macro-economic conditions in the bond market rather than being credit related, and such factors do not present adverse changes in expected cash flows or redemptions. Furthermore, the Company considered the composition of its available-for-sale securities portfolio, which included U.S. treasury bonds, U.S. agency bonds and corporate bonds issued by corporations with strong credit standings and history of operations.
	The following table shows the fair value and gross unrealized losses of the Company’s available-for-sale securities as of December 31, 2013 and the length of time the available-for-sale securities have been in the unrealized loss position (in thousands).
		Less than 12 Months						12 Months or More					Total
		Fair			Unrealized Losses			Fair			Unrealized Losses		Fair		Unrealized Losses
		Value						Value					Value
	U.S. Treasury Bonds	$	79		$	(1	)	$	—		$	—	$	79	$	(1	)
	U.S. Agency Bonds	80			(1		)	—			—		80		(1		)
	Corporate Bonds	125			(3		)	—			—		125		(3		)
	Total temporarily impaired securities	$	284		$	(5	)	$	—		$	—	$	284	$	(5	)
	The scheduled maturities of the Company’s marketable securities as of December 31, 2013 are as follows (in thousands):
		Available-for-sale securities
		Amortized Cost			Estimated Fair Value
	Due within one year	$	25		$	25
	Due after one year through five years	374			373
	Due after five years through ten years	64			62
	Due after ten years	—			—
	Total	$	463		$	460
	Actual maturities of marketable securities can differ from contractual maturities because borrowers on certain debt securities may have the right to prepay their respective debt obligations at any time. In addition, factors such as prepayments and interest rates may affect the yields on the such securities.

Line_of_Credit

Line of Credit	12 Months Ended
	Dec. 31, 2013
Debt Disclosure [Abstract]	'
LINE OF CREDIT	'
	LINE OF CREDIT
	As of December 31, 2013, the Company had $43.9 million of debt outstanding under its secured revolving line of credit, as amended (the “Line of Credit”). The Line of Credit provides up to $50.0 million of borrowings pursuant to a credit agreement (the “Credit Agreement”) with JPMorgan Chase Bank, N.A. (“JPMorgan Chase”) and other lending institutions that may become parties to the Credit Agreement. The aggregate balance of gross real estate assets, net of gross intangible lease liabilities, securing the total debt outstanding was $73.7 million as of December 31, 2013.
	The Line of Credit allows Cole OP to borrow up to $50.0 million in revolving loans (the “Revolving Loans”), with the maximum amount outstanding not to exceed the borrowing base (the “Borrowing Base”), calculated as 65% of the aggregate value allocated to each qualified property comprising eligible collateral (collectively, the “Qualified Properties”).
	As of December 31, 2013, the Borrowing Base under the Line of Credit was approximately $44.8 million based on the the underlying collateral pool of Qualified Properties of $73.7 million. Up to 15.0% of the total amount available may be used for issuing letters of credit and up to 10.0% of the Line of Credit, not to exceed $15.0 million, may be used for short term (ten day) advances. Subject to meeting certain conditions described in the Credit Agreement and the payment of certain fees, the amount of the Line of Credit may be increased up to a maximum of $250.0 million.
	The Revolving Loans bear interest at rates depending upon the type of loan specified by Cole OP. For a eurodollar rate loan, as defined in the Credit Agreement, the interest rate will be equal to the one-month LIBOR for the interest period, plus 2.55%. For floating rate loans, the interest rate will be a per annum amount equal to 1.55%, plus the greatest of (1) the Federal Funds Rate plus 0.5%; (2) JPMorgan Chase’s Prime Rate, as defined in the Credit Agreement; or (3) LIBOR plus 1.0%. The Line of Credit matures on December 8, 2014, however the Company may elect to extend the maturity date for a period of 12 months upon the satisfaction of certain conditions in the Credit Agreement. As of December 31, 2013, amounts outstanding on the Line of Credit accrued interest at an annual rate of 2.88%.
	The Credit Agreement contains customary representations, warranties, borrowing conditions and affirmative, negative and financial covenants, including minimum net worth, debt service coverage and leverage ratio requirements and dividend payout and REIT status requirements. The Credit Agreement also includes usual and customary events of default and remedies for facilities of this nature. Based on the Company’s analysis and review of its results of operations and financial condition, as of December 31, 2013, the Company believes it was in compliance with the covenants of the Credit Agreement.
	Subsequent to December 31, 2013, the Company entered into a third modification agreement which increased the line of credit to $75.0 million, as discussed in Note 16 to these consolidated financial statements.
	Maturities
	The following table summarizes the scheduled repayment of the Line of Credit assuming no changes to the borrowing base assets and no extension is elected by the Company (in thousands):
	Year ending December 31,	Principal Repayments
	2014	$	43,900
	Thereafter	—
	Total	$	43,900

Acquired_Below_Market_Lease_In

Acquired Below Market Lease Intangibles	12 Months Ended
	Dec. 31, 2013
Intangible Liabilities Disclosure [Abstract]	'
ACQUIRED BELOW MARKET LEASE INTANGIBLES	'
	ACQUIRED BELOW MARKET LEASE INTANGIBLES
	Acquired below market lease intangibles consisted of the following (in thousands, except weighted average life amounts):
			As of December 31,
			2013		2012
	Acquired below market leases, net of accumulated amortization of $126 and $51,
		respectively (with a weighted average life remaining of 15.3 and 19.5 years, respectively)	$	1,348	$	903
	During the years ended December 31, 2013, 2012 and 2011, $75,000, $49,000 and $2,000, respectively, were recorded as an increase to rental and other property income resulting from the amortization of the intangible lease liabilities.
	As of December 31, 2013, the estimated amortization of the intangible lease liabilities for each of the five succeeding fiscal years is as follows (in thousands):
			Amortization of
	Year ending December 31,		Below Market Leases
	2014		$	111
	2015		$	109
	2016		$	106
	2017		$	104
	2018		$	92

Commitments_and_Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2013
Commitments and Contingencies Disclosure [Abstract]	'
COMMITMENTS AND CONTINGENCIES	'
	COMMITMENTS AND CONTINGENCIES
	Litigation
	In the ordinary course of business, the Company may become subject to litigation or claims. The Company is not aware of any pending legal proceedings of which the outcome is reasonably possible to have a material effect on its results of operations, financial condition or liquidity.
	Environmental Matters
	In connection with the ownership and operation of real estate, the Company potentially may be liable for costs and damages related to environmental matters. The Company owns certain properties that are subject to environmental remediation. In each case, the seller of the property, the tenant of the property and/or another third party has been identified as the responsible party for environmental remediation costs related to the respective property. Additionally, in connection with the purchase of certain of the properties, the respective sellers and/or tenants have indemnified the Company against future remediation costs. In addition, the Company carries environmental liability insurance on its properties that provides limited coverage for remediation liability and pollution liability for third-party bodily injury and property damage claims. Accordingly, the Company does not believe that it is reasonably possible that the environmental matters identified at such properties will have a material effect on its results of operations, financial condition or liquidity, nor is it aware of any environmental matters at other properties which it believes are reasonably possible to have a material effect on its results of operations, financial condition or liquidity.

RelatedParty_Transactions_and_

Related-Party Transactions and Arrangements	12 Months Ended
	Dec. 31, 2013
Related Party Transactions [Abstract]	'
RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS	'
	RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS
	The Company has incurred, and will continue to incur, fees and expenses payable to Cole Advisors and certain of its affiliates in connection with the Offering, and the acquisition, management and performance of the Company’s assets.
	Offering
	In connection with the Offering, CCC, the Company’s dealer manager, will receive selling commissions, an asset-based dealer manager fee and/or an asset-based distribution fee, as summarized in the table below for each class of common stock:
			Selling Commission (1)	Dealer		Distribution Fee (2)
				Manager Fee (2)
	W Shares		—	0.55	%	—
	A Shares		up to 3.75%	0.55	%	0.5	%
	I Shares		—	0.25	%	—
	(1) The selling commission is based on the offering price for A Shares. The selling commission expressed as a percentage of NAV per A Share, rather than the offering price, would be up to 3.90%, subject to rounding and the effect of volume discounts the Company is offering on certain purchases of $150,001 or more of A Shares. Selling commissions will be deducted directly from the offering price for A Shares and paid to CCC. CCC will reallow 100% of the selling commissions on A Shares to participating broker-dealers.
	(2) The dealer manager and distribution fees accrue daily in an amount equal to 1/365th of the percentage of NAV per W Share, A Share or I Share, as applicable, for such day on a continuous basis. CCC, in its sole discretion, may reallow a portion of the dealer manager fee and distribution fee to participating broker-dealers.
	All organization and offering expenses associated with the sale of the Company’s common stock (excluding selling commissions, the distribution fee and the dealer manager fee) are paid for by Cole Advisors or its affiliates and can be reimbursed by the Company up to 0.75% of the aggregate gross offering proceeds, excluding selling commissions charged on A Shares sold in the Primary Offering. As of December 31, 2013, Cole Advisors or its affiliates had paid organization and offering costs in excess of the 0.75% in connection with the Offering. These excess costs were not included in the financial statements of the Company because such costs were not a liability of the Company as they exceeded 0.75% of gross proceeds from the Offering. As the Company raises additional proceeds from the Offering, these excess costs may become payable to Cole Advisors.
	The Company recorded fees and expense reimbursements as shown in the table below for services provided by Cole Advisors and its affiliates related to the services described above during the years indicated (in thousands):
		Year Ended December 31,
		2013		2012			2011
	Offering:
	Selling commissions	$	16	$	—		$	—
	Selling commissions reallowed by CCC	$	16	$	—		$	—
	Distribution fee	$	—	$	—		$	—
	Dealer manager fees	$	229	$	34		$	4
	Dealer manager fees reallowed by CCC	$	7	$	—		$	—
	Organization and offering expense reimbursement	$	406	$	28		$	75
	CCC waived its right to receive its dealer manager fee for the six months ended June 30, 2012; accordingly, no amounts were recorded during such period. In addition, no selling commissions or distribution fees were recorded during the nine months ended September 30, 2013 or during the years ended December 31, 2012 and 2011.
	Acquisitions, Operations and Performance
	The Company pays Cole Advisors an asset-based advisory fee that is payable in arrears on a monthly basis and accrues daily in an amount equal to 1/365th of 0.90% of the Company’s NAV for each class of common stock, for each day. Cole Advisors waived its right to receive advisory fees for the six months ended June 30, 2012; accordingly, no amounts were recorded during such period.
	The Company will reimburse Cole Advisors for the operating expenses it paid or incurred in connection with the services provided to the Company, subject to the limitation that the Company will not reimburse for any amount by which its operating expenses (including the advisory fee) at the end of the four preceding fiscal quarters exceeds the greater of (1) 2% of average invested assets, or (2) 25% of net income other than any additions to reserves for depreciation, bad debts or other similar non-cash reserves and excluding any gain from the sale of assets for that period. Cole Advisors waived its right to receive operating expense reimbursements for the years ended December 31, 2013, 2012 and 2011; accordingly, the Company did not reimburse Cole Advisors for any such expenses during the years ended December 31, 2013, 2012 and 2011.
	In addition, the Company will reimburse Cole Advisors for all out-of-pocket expenses incurred in connection with the acquisition of the Company’s investments. While most of the acquisition expenses are expected to be paid to third parties, a portion of the out-of-pocket acquisition expenses may be reimbursed to Cole Advisors or its affiliates. Acquisition expenses, together with any acquisition fees paid to third parties for a particular real estate-related asset, will in no event exceed 6% of the gross purchase price. Cole Advisors waived its right to receive acquisition expense reimbursements for the years ended December 31, 2013, 2012 and 2011; accordingly, the Company did not reimburse Cole Advisors for any such expenses during those years.
	Cole Advisors has implemented an expense cap for each of the three months ended December 31, 2013, March 31, 2014 and June 30, 2014, whereby Cole Advisors will fund all general and administrative expenses of the Company that are in excess of an amount calculated by multiplying the average net asset value, or NAV, for the respective three month period by an annualized rate of 1.25% (the “Excess G&A”). General and administrative expenses, as presented in these consolidated financial statements, include, but are not limited to, legal fees, audit fees, board of directors costs, professional fees, escrow and trustee fees, insurance, state franchise and income taxes and fees for unused amounts on the Line of Credit. At Cole Advisors discretion, it may fund the Excess G&A through reimbursement to the Company or payment to third parties on behalf of the Company, but in no event will the Company be liable to Cole Advisors in future periods for such amounts paid or reimbursed.
	As compensation for services provided pursuant to the advisory agreement, the Company will also pay Cole Advisors a performance-based fee calculated based on the Company’s annual total return to stockholders for each class of common stock (defined below), payable annually in arrears. The performance fee will be calculated such that for any calendar year in which the total return per share for a particular class exceeds 6% (the “6% Return”), Cole Advisors will receive 25% of the excess total return on such class above the 6% Return allocable to that class, but in no event will the Company pay Cole Advisors more than 10% of the aggregate total return, for that class, for such year. However, in the event the NAV per share of the Company’s W Shares, A Shares and I Shares decreases below the base NAV for the respective share class ($15.00, $16.72 and $16.82 for the W Shares, A Shares and I Shares, respectively) (the “Base NAV”), the performance-based fee for a respective class will not be calculated on any increase in NAV up to the Base NAV for the respective share class. In addition, the performance fee will not be paid with respect to any calendar year in which the NAV per share as of the last business day of the calendar year (the “Ending NAV”) for the respective share class is less than the Base NAV of that class. The Base NAV of any share class is subject to downward adjustment in the event that the Company’s board of directors, including a majority of the independent directors, determines that such an adjustment is necessary to provide an appropriate incentive to Cole Advisors to perform in a manner that seeks to maximize stockholder value and is in the best interests of the Company’s stockholders. In the event of any stock dividend, stock split, recapitalization or similar change in the Company’s capital structure, the Base NAV for the respective share class shall be ratably adjusted to reflect the effect of any such event.
	The total return to stockholders is defined, for each class of the Company’s common stock, as the change in NAV per share plus distributions per share for such class. The NAV per share for a class calculated on the last trading day of a calendar year shall be the amount against which changes in NAV per share for such class are measured during the subsequent calendar year. Therefore, for each class of the Company’s common stock, payment of the performance-based component of the advisory fee (1) is contingent upon the Company’s actual annual total return exceeding the 6% Return and the Ending NAV per share for the respective share class being greater than the Base NAV of that class, (2) will vary in amount based on the Company’s actual performance, (3) cannot cause the Company’s total return as a percentage of stockholders’ invested capital for the year to be reduced below 6%, and (4) is payable to Cole Advisors if the Company’s total return exceeds the 6% Return in a particular calendar year, even if the total return to stockholders (or any particular stockholder) on a cumulative basis over any longer or shorter period has been less than 6% per annum. Cole Advisors will not be obligated to return any portion of advisory fees paid based on the Company’s subsequent performance.
	The Company recorded fees and expense reimbursements as shown in the table below for services provided by Cole Advisors or its affiliates related to the services described above during the years indicated (in thousands):
		Year Ended December 31,
		2013		2012			2011
	Acquisitions, Operations and Performance:
	Acquisition expense reimbursement	$	—	$	—		$	—
	Advisory fee	$	375	$	56		$	6
	Operating expense reimbursement	$	—	$	—		$	—
	Performance fee	$	431	$	143		$	—
	Due to Affiliates
	As of December 31, 2013, $829,000 was due to Cole Advisors and its affiliates related to performance fees, advisory, distribution and dealer manager fees, organization and offering expenses, and escrow deposits and acquisition expenses that were paid on the Company’s behalf in connection with the acquisition of the Company’s properties and were included in due to affiliates on the consolidated balance sheet. As of December 31, 2012, $335,000 was due to Cole Advisors and its affiliates, related to performance fees, advisory and dealer manager fees, and organization and offering expenses and were included in due to affiliates on the consolidated balance sheet.

Economic_Dependency

Economic Dependency	12 Months Ended
	Dec. 31, 2013
Economic Dependency [Abstract]	'
ECONOMIC DEPENDENCY	'
	ECONOMIC DEPENDENCY
	Under various agreements, the Company has engaged or will engage Cole Advisors and its affiliates to provide certain services that are essential to the Company, including asset management services, supervision of the management and leasing of properties owned by the Company, asset acquisition and disposition decisions, the sale of shares of the Company’s common stock available for issuance, as well as other administrative responsibilities for the Company including accounting services and investor relations. As a result of these relationships, the Company is dependent upon Cole Advisors and its affiliates. In the event that these companies are unable to provide the Company with these services, the Company would be required to find alternative providers of these services.

Stockholders_Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2013
Equity [Abstract]	'
STOCKHOLDERS' EQUITY	'
	STOCKHOLDERS’ EQUITY
	As of December 31, 2013, the Company was authorized to issue up to 500,000,000 shares of capital stock. Of the total number of shares of capital stock authorized (a) 490,000,000 shares are designated as common stock, 164,000,000 of which are classified as W Shares, 163,000,000 of which are classified as A Shares, and 163,000,000 of which are classified as I Shares, and (b) 10,000,000 shares are designated as preferred stock. All shares of such stock have a par value of $0.01 per share. The Company’s board of directors may amend the charter from time to time to increase or decrease the aggregate number of authorized shares of capital stock or the number of authorized shares of capital stock of any class or series without stockholder approval. During the year ended December 31, 2013, the Company issued a total of 3.3 million shares including 38,000 shares issued under the DRIP, for gross proceeds of $54.1 million. As of December 31, 2013, the Company had issued 4.2 million shares of common stock for cumulative gross proceeds of $67.8 million.
	NAV per Share Calculation
	The Company’s per share purchase and redemption price for each class varies from day-to-day. The Company has engaged an independent valuation expert which has expertise in appraising commercial real estate assets and related liabilities, to provide, on a rolling quarterly basis, valuations of each of the Company’s commercial real estate assets and related liabilities to be set forth in individual appraisal reports, and to adjust those valuations for events known to the independent valuation expert that it believes are likely to have a material impact on previously provided estimates of the value of the affected commercial real estate assets or related real estate liabilities. In addition, the calculation of NAV for each class includes liquid assets, which are priced daily using third party pricing services, and cash and cash equivalents.
	The Company has retained an independent fund accountant to calculate the daily NAV for each class, which uses a process that reflects (1) estimated values of each of the Company’s commercial real estate assets, related liabilities and notes receivable secured by real estate provided periodically by the Company’s independent valuation expert, in individual appraisal reports, (2) daily updates in the price of liquid assets for which third party market quotes are available, (3) accruals of the daily distributions for each class, and (4) estimates of daily accruals, on a net basis, of the Company’s operating revenues, expenses, including class-specific expenses, debt service costs and fees, including class-specific fees. Selling commissions will have no effect on the NAV of any class.
	The result of this calculation is the NAV for each class of shares as of the end of any business day. The NAV per share is determined by allocating the NAV to each share class based on its respective ownership percentage. The NAV for each class is then be adjusted for contributions, redemptions and accruals of the class’s daily distributions and estimates of class-specific fee and expense accruals. Distributions reflect the daily distribution rate set by the Company’s board of directors, which may vary for each class. The NAV per share for each class is determined by dividing such class’s NAV on such day by the number of shares outstanding for that class as of the end of such business day, prior to giving effect to any share purchases or redemptions to be effected on such day. At regularly scheduled board of directors meetings, the Company’s board of directors reviews the process by which the Company’s advisor estimated the daily accruals and the independent fund accountant calculated the NAV per share, and the operation and results of the process to determine NAV per share generally. The Company’s NAV is not calculated in accordance with GAAP and is not audited by the independent registered public accounting firm.
	Distribution Reinvestment Plan
	Pursuant to the DRIP, the Company allows stockholders to elect to have their distributions reinvested in additional shares of the Company’s common stock. The purchase price for shares under the DRIP is equal to the NAV per share on the date that the distribution is payable, after giving effect to the distribution. During the years ended December 31, 2013 and 2012, 38,000 and 460 shares were purchased under the DRIP for $634,000 and $8,000, respectively. No shares were purchased under the DRIP during the year ended December 31, 2011.
	Share Redemption Program
	The Company has adopted a share redemption plan whereby on any business day, stockholders may request that the Company redeem all or any portion of their shares, subject to certain limitations described below. Pursuant to the share redemption program, the Company will initially redeem shares at a redemption price per share on any business day equal to the Company’s NAV per share for the class of shares being redeemed, without giving effect to any share purchases or redemptions to be effected on such day, less any applicable short-term trading fees. Subject to limited exceptions, stockholders who redeem their shares within the first 365 days from the date of purchase will be subject to a short-term trading fee of 2% of the aggregate NAV per share of the shares of common stock received.
	In each calendar quarter, net redemptions will be limited to 5% of the Company’s total NAV as of the end of the immediately preceding quarter. If less than the full 5% limit available for a quarter is used, the unused percentage will be carried over to the next quarter (the “Carryover Percent”), but the maximum carryover percentage will never exceed 15% in the aggregate, and net redemptions in any quarter may never exceed 10% of the prior quarter’s NAV. On each business day, the Company will calculate the maximum amount available for redemptions as 5% plus the Carryover Percent times the prior quarter-end’s NAV, plus share sales for the quarter, minus share redemptions for the quarter (the “Quarterly Limit”). Redemption requests will be satisfied on a first-come-first-served basis up to the Quarterly Limit. A redemption request must be received by 4:00 p.m. Eastern Time on the last business day that the New York Stock Exchange is open for trading prior to the end of a calendar quarter in order for the current Quarterly Limit to apply.
	For the quarter following a quarter in which the Company reached its Quarterly Limit (a “Limit Quarter”), a 5% per quarter redemption limitation will apply on a stockholder by stockholder basis, such that each of the Company’s stockholders will be allowed to request a redemption, at any time during that quarter, for a total of up to 5% of the shares they held as of the last day of the Limit Quarter, plus shares, if any, that the stockholder purchases during the in-progress quarter (the “Flow-regulator”). This prospective methodology for allocating available funds daily during a quarter for which a Flow-regulator is in effect (a “Flow-regulated Quarter”) is designed to treat all stockholders equally during the quarter as a whole, regardless of the particular day during the quarter when they choose to submit their redemption requests, based on the number of shares held by each stockholder as of the prior quarter-end.
	If, during a Flow-regulated Quarter, total redemptions for all stockholders in the aggregate are more than two and one-half percent of our total NAV as of the end of the immediately preceding quarter, then the Flow-regulator will continue to apply for the next succeeding quarter. If total redemptions for all stockholders in the aggregate during a Flow-regulated Quarter are equal to or less than two and one-half percent of our total NAV as of the end of the immediately preceding quarter, then the first-come, first-served Quarterly Limit discussed above will come back into effect for the next succeeding quarter, with the Quarterly Limit consisting of five percent plus any remaining amount of the Carryover Percent from the last quarter before the Flow-regulated Quarter (subject to the 10% quarterly limit).
	The Company has adopted several restrictions with respect to the redemption of 627,979 and 38,688 W Shares owned by CHC Investments LLC and a trust to which a former director of the Company was a trustee, respectively. The Company will not allow these shareholders to redeem such shares until the Company has raised $100.0 million in the Offering. Redemption requests made for these shares will only be accepted (1) on the last business day of a calendar quarter, (2) after all redemption requests from all other stockholders for such quarter have been accepted and (3) to the extent that such redemptions do not cause net redemptions to exceed 5% of the Company’s total NAV as of the end of the immediately preceding quarter. Redemption requests for these shares will otherwise be subject to the same limitations as other stockholder redemption requests as described above.
	In addition, as of December 31, 2013, CREI, as the successor to CHC, owned 13,333 W Shares. CREI was prohibited from selling these shares, which represents the initial investment in the Company, for so long as the Company’s sponsor was CREI or an affiliate of CREI; provided, however, that CREI could transfer ownership of all or a portion of such shares to other affiliates of the Company’s sponsor. Subsequent to December 31, 2013, the ownership of such shares was transferred to ARC Properties Operating Partnership, L.P. as discussed in Note 16 to these consolidated financial statements.
	The Company may fund redemptions with proceeds from any available source, including, but not limited to, available cash, proceeds from sales of additional shares, excess cash flow from operations, sales of liquid investments, incurrence of indebtedness and, if necessary, proceeds from the disposition of real estate properties or real estate-related assets. The Company may reserve borrowing capacity under its Line of Credit and elect to borrow against the Line of Credit in part to redeem shares presented for redemption during periods when the Company does not have sufficient proceeds from the sale of shares to fund all redemption requests. Additionally, the Company’s board of directors may modify or suspend its redemption plan at any time in its sole discretion if it believes that such action is in the best interest of the stockholders.
	As of December 31, 2013, the quarterly redemption capacity was equal to 10% of the Company’s NAV and this amount was recorded as redeemable common stock on the consolidated balance sheet for a total of $7.0 million.
	During the year ended December 31, 2013, the Company received redemption requests for, and redeemed approximately 39,000 W Shares of common stock for $627,000.

Income_Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2013
Income Tax Disclosure [Abstract]	'
INCOME TAX DISCLOSURE	'
	INCOME TAXES
	For federal income tax purposes, distributions to stockholders are characterized as ordinary dividends, capital gain distributions, or nontaxable distributions. Nontaxable distributions will reduce U.S stockholders’ basis (but not below zero) in their shares. The following table shows the character of the distributions we paid on a percentage basis for the years ended December 31, 2013 and 2012:
	Character of Distributions (unaudited):	2013		2012
	Ordinary dividends	33.2	%	2.5	%
	Nontaxable distributions	66.8	%	97.5	%
	Total	100	%	100	%
	As of December 31, 2013, the tax basis carrying value of the Company’s land and depreciable real estate assets was $102.2 million. During the years ended December 31, 2013 and 2012, the Company distributed as dividends to its shareholders 100% of its taxable income for federal income tax purposes. Accordingly, no provision for federal income taxes related to such taxable income was recorded on the Company's financial statements. During the years ended December 31, 2013 and 2012, the Company incurred state and local income and franchise taxes of $35,000 and $22,000, respectively, which were recorded in general and administrative expenses on the consolidated statements of operations.
	The Company had no unrecognized tax benefits as of or during the years ended December 31, 2013 and 2012. Any interest and penalties related to unrecognized tax benefits would be recognized within the provision for income taxes in the accompanying consolidated statements of operations. The Company files income tax returns in the U.S. federal jurisdiction, as well as various state jurisdictions, and is subject to routine examinations by the respective tax authorities.
	For the taxable year ended December 31, 2011, the Company was not taxed as a REIT and as such, none of the distributions declared were taxable to the stockholder. Rather, the Company elected to be taxed as a qualified subchapter S subsidiary of its sole stockholder under Section 1361(b)(3)(B) of the Internal Revenue Code for the taxable year ended December 31, 2011. As such, the Company has no income tax provision recorded in its consolidated financial statements for the year ended December 31, 2011.

Operating_Leases

Operating Leases	12 Months Ended
	Dec. 31, 2013
Leases [Abstract]	'
OPERATING LEASES	'
	OPERATING LEASES
	The Company’s real estate properties are leased to tenants under operating leases for which the terms and expirations vary. As of December 31, 2013, the leases had a weighted-average remaining term of 12.8 years. The leases may have provisions to extend the lease agreements, options for early termination after paying a specified penalty, rights of first refusal to purchase the property at competitive market rates, and other terms and conditions as negotiated. The Company retains substantially all of the risks and benefits of ownership of the real estate assets leased to tenants. As of December 31, 2013, the future minimum rental income from the Company’s investment in real estate assets under non-cancelable operating leases, assuming no exercise of renewal options for the succeeding five fiscal years was as follows (in thousands):
	Year ending December 31,	Future Minimum
		Rental Income
	2014	$	8,155
	2015	8,005
	2016	7,964
	2017	7,895
	2018	7,781
	Thereafter	64,297
	Total	$	104,097

Quarterly_Results_Unaudited

Quarterly Results (Unaudited)	12 Months Ended
	Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]	'
QUARTERLY RESULTS (UNAUDITED)	'
	QUARTERLY RESULTS (UNAUDITED)
	Presented below is a summary of the unaudited quarterly financial information for the years ended December 31, 2013 and 2012 (in thousands, except per share amounts). In the opinion of management, the information for the interim periods presented include all adjustments, which are of a normal and recurring nature, necessary to present a fair presentation of the results for each period.
		December 31, 2013
		First Quarter			Second Quarter			Third Quarter			Fourth Quarter
	Revenues	$	780		$	994		$	1,361		$	1,954
	Operating income (loss)	158			75			(153		)	330
	Net loss	(22		)	(97		)	(389		)	(26		)
	Basic and diluted net loss per common share	(0.02		)	(0.05		)	(0.13		)	(0.01		)
	Distributions declared per common share	0.22			0.22			0.22			0.25
		December 31, 2012
		First Quarter			Second Quarter			Third Quarter			Fourth Quarter
	Revenues	$	660		$	668		$	660		$	700
	Operating income	249			201			168			117
	Net income (loss)	47			(6		)	(35		)	(86		)
	Basic and diluted net income (loss) per common share	0.07			(0.01		)	(0.05		)	(0.11		)
	Distributions declared per common share	0.21			0.21			0.21			0.21

Subsequent_Events

Subsequent Events	12 Months Ended
	Dec. 31, 2013
Subsequent Events [Abstract]	'
SUBSEQUENT EVENTS	'
	SUBSEQUENT EVENTS
	Investment in Real Estate Assets
	Subsequent to December 31, 2013, the Company acquired a 100% interest in five real estate properties for an aggregate purchase price of $9.4 million. The acquisitions were funded with proceeds from the Offering.
	Status of the Offering
	As of March 25, 2014, the Company had received $78.9 million in gross offering proceeds through the issuance of approximately 4.8 million shares of its common stock in the Offering (including shares issued pursuant to the DRIP).
	Line of Credit
	Subsequent to December 31, 2013, Cole OP entered into a third modification agreement (the “Third Modification Agreement”) with JPMorgan Chase, which exercised $25.0 million of the $200.0 million accordion feature in the Credit Agreement, and increased the allowable borrowings up to $75.0 million in revolving loans. The Third Modification Agreement contains customary representations, warranties and borrowing conditions. Cole OP paid certain fees under the Third Modification Agreement, including an up-front fee. Additionally, Cole OP increased the Borrowing Base to $57.0 million.
	Subsequent to December 31, 2013, the Company borrowed $7.0 million and repaid $9.5 million of the amounts outstanding under the Line of Credit. As of March 25, 2014, the Company had $41.4 million outstanding under the Line of Credit, with a weighted average interest rate of 2.74%, and $15.6 million available for borrowing.
	Cap on General and Administrative Expenses
	As discussed in Note 10 to these consolidated financial statements, Cole Advisors stated that it will continue the existing expense cap for the three months ending March 31, 2014 and June 30, 2014, whereby Cole Advisors will fund all Excess G&A of the Company for the three months ending March 31, 2014 and June 30, 2014, respectively.
	ARCP Merger
	On February 7, 2014, ARCP acquired Cole pursuant to a transaction whereby Cole merged with and into the Merger Sub, with Merger Sub surviving as a wholly owned subsidiary of ARCP. ARCP is a self-managed publicly traded Maryland corporation listed on The NASDAQ Global Select Market, focused on acquiring and owning single tenant freestanding commercial properties subject to net leases with high credit quality tenants. As a result of the ARCP Merger, ARCP indirectly owns and/or controls the Company’s external advisor, Cole Advisors, the Company’s dealer manager, CCC, the Company’s property manager, CREI Advisors, and the Company’s sponsor, Cole Capital. Despite the indirect change of control that occurred for the Company’s advisor, dealer manager, property manager and sponsor as a result of the consummation of the ARCP Merger, such entities are expected to continue to serve in their respective capacities to the Company.
	In connection with the ARCP Merger, Christopher H. Cole and Marc T. Nemer voluntarily resigned as members of the Company’s board of directors, effective as of February 7, 2014. These resignations were not a result of any disagreements with the Company on any matter relating to the Company’s operations, policies or practices. In connection with the resignations of Messrs. Cole and Nemer, the board of directors appointed Nicholas S. Schorsch and William M. Kahane as directors of the Company effective as of February 7, 2014 to fill the vacancies on the board of directors resulting from the resignations of Messrs. Cole and Nemer. Messrs. Schorsch and Kahane will each serve until the Company’s next annual meeting of stockholders and until his respective successor is duly elected and qualifies or until his earlier resignation or removal in accordance with the Company’s organizational documents and applicable law.
	In addition, Mr. Cole stepped down from his roles as the chairman, president and chief executive officer of the Company, effective as of February 7, 2014. In connection with such resignation, the board of directors appointed Mr. Schorsch as chairman, president and chief executive officer of the Company effective as of February 7, 2014.

SCHEDULE_III_Real_Estate_Asset

SCHEDULE III b Real Estate Assets and Accumulated Depreciation	12 Months Ended
	Dec. 31, 2013
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]	'
Real Estate and Accumulated Depreciation	'
											Gross Amount
											at Which
						Initial Costs to Company			Total		Carried At	Accumulated
								Buildings &	Adjustment		December 31, 2013	Depreciation	Date	Date
	Description (a)			Encumbrances		Land		Improvements	to Basis		(b) (c)	(d) (e)	Acquired	Constructed
	Real Estate Held for Investment the Company Has Invested in Under Operating Leases
	Advance Auto:
		Macomb Township, MI		(f)		718		1,146	—		1,864	63	12/20/11	2009
		Sedalia, MO		(f)		374		1,187	—		1,561	10	9/23/13	2013
	Algonac Plaza:
		Algonac, MI		(f)		1,097		7,718	—		8,815	87	8/30/13	2002
	CVS:
		Austin, TX		(f)		1,417		1,579	—		2,996	84	12/8/11	1997
		Erie, PA		(f)		1,007		1,157	—		2,164	61	12/9/11	1999
		Mansfield, OH		(f)		270		1,691	—		1,961	89	12/9/11	1998
		Wisconsin Rapids, WA		—		518		2,148	—		2,666	2	12/13/13	2013
	Dollar General:
		Berwick, LA		(f)		141		1,448	—		1,589	45	11/30/12	2012
		Independence, MO		—		276		1,017	—		1,293	22	3/15/13	2012
		Sardis City, AL		(f)		334		1,058	—		1,392	17	6/26/13	2012
		St. Joseph, MO		—		197		972	—		1,169	20	4/2/13	2013
	FedEx:
		Elko, NV		(f)		186		2,024	—		2,210	35	5/28/13	2012
		Norfolk, NE		(f)		618		2,499	—		3,117	25	8/19/13	2013
		Spirit Lake, IA		—		115		2,501	—		2,616	3	12/12/13	2013
	Fresenius Medical Care:
		Baton Rouge (Foster), LA		(f)		145		696	—		841	26	1/22/13	2006
		Baton Rouge (Howell), LA		(f)		215		1,423	—		1,638	45	1/22/13	2008
	Jo-Ann's
		Roseville, MI		(f)		506		2,747	—		3,253	25	9/30/13	1996
	Kum & Go
		Cedar Rapids, IA		—		630		1,679	—		2,309	30	5/3/13	2011
	Lowe's
		Fremont, OH		—		1,287		7,125	—		8,412	9	12/11/13	1996
	Mattress Firm
		Gadsden, AL		(f)		393		1,413	—		1,806	20	6/10/13	2012
	Natural Grocers
		Prescott, AZ		—		795		2,802	—		3,597	54	5/6/13	2012
	PetSmart
		Little Rock, AR		(f)		1,283		2,820	—		4,103	36	7/19/13	1996
	Sherwin-Williams
		Douglasville, GA		(f)		417		578	—		995	6	8/2/13	2009
		Lawrenceville, GA		(f)		320		845	—		1,165	7	9/24/13	2013
	Sunoco
		Merritt Island, FL		(f)		577		1,762	—		2,339	31	4/12/13	2008
	Tellico Greens
		Loudon, TN		—		823		3,959	—		4,782	4	12/20/13	2008
	The Parke:
		San Antonio, TX		(f)		6,912		148	171		7,231	39	12/9/11	2008
	TJ Maxx
		Danville, IL		(f)		271		2,528	—		2,799	23	9/23/13	2013
											Gross Amount
											at Which
						Initial Costs to Company			Total		Carried At	Accumulated
								Buildings &	Adjustment		December 31, 2013	Depreciation	Date	Date
	Description (a)			Encumbrances		Land		Improvements	to Basis		(b) (c)	(d) (e)	Acquired	Constructed
	Tractor Supply:
		Brunswick, GA		(f)		438		2,268	—		2,706	133	12/9/11	2008
		Lockhart, TX		(f)		464		2,046	—		2,510	116	12/8/11	2008
	Walgreens:
		Albuquerque, NM		(f)		789		1,609	9		2,407	84	12/7/11	1995
		Reidsville, NC		(f)		610		3,801	—		4,411	200	12/8/11	2008
	TOTAL:			(f)		24,143		68,394	180		92,717	1,451
(a) As of December 31, 2013, the Company owned 29 single tenant, freestanding retail properties and three multi-tenant retail properties.
(b) The aggregate cost for federal income tax purposes was approximately $102.2 million.
(c) The following is a reconciliation of total real estate carrying value for the years ended December 31:
			2013			2012		2011
Balance, beginning of period			$	29,839		$	28,069	$	—
	Additions
		Acquisitions	62,878			1,590		28,069
		Improvements	—			180		—
	Total additions		62,878			1,770		28,069
	Deductions
		Cost of real estate sold	—			—		—
	Total deductions		—			—		—
Balance, end of period			$	92,717		$	29,839	$	28,069
(d) The following is a reconciliation of accumulated depreciation for the years ended December 31:
			2013			2012		2011
Balance, beginning of period			$	440		$	17	$	—
	Additions
		Acquisitions - Depreciation Expense for Building & Tenant Improvements Acquired	990			420		17
		Improvements - Depreciation Expense for Tenant Improvements & Building Equipment	21			3		—
	Total additions		1,011			423		17
	Deductions
		Cost of real estate sold	—			—		—
	Total deductions		—			—		—
Balance, end of period			$	1,451		$	440	$	17
(e) The Company’s assets are depreciated or amortized using the straight-line method over the useful lives of the assets by class. Generally, tenant improvements are amortized over the respective lease term and buildings are depreciated over 40 years.
(f) Part of the Line of Credit’s Borrowing Base. As of December 31, 2013, the Company had $43.9 million outstanding under the Line of Credit.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2013
Accounting Policies [Abstract]	'
Basis of presentation	'
	The summary of significant accounting policies presented below is designed to assist in understanding the Company’s consolidated financial statements. These accounting policies conform to accounting principles generally accepted in the United States of America (“GAAP”) in all material respects, and have been consistently applied in preparing the accompanying consolidated financial statements.
Principles of consolidation	'
	Principles of Consolidation and Basis of Presentation
	The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.
Use of estimates	'
	Use of Estimates
	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Investment in and valuation of real estate and related assets	'
	Investment in and Valuation of Real Estate and Related Assets
	Real estate and related assets are stated at cost, less accumulated depreciation and amortization. Amounts capitalized to real estate and related assets consist of the cost of acquisition, excluding acquisition related expenses, construction and any tenant improvements, major improvements and betterments that extend the useful life of the real estate and related assets and leasing costs. All repairs and maintenance are expensed as incurred.
	The Company is required to make subjective assessments as to the useful lives of its depreciable assets. The Company considers the period of future benefit of each respective asset to determine the appropriate useful life of the assets. Real estate and related assets, other than land, are depreciated or amortized on a straight-line basis. The estimated useful lives of the Company’s real estate and related assets by class are generally as follows:
	Buildings	40 years
	Tenant improvements	Lesser of useful life or lease term
	Intangible lease assets	Lease term
	The Company continually monitors events and changes in circumstances that could indicate that the carrying amounts of its real estate and related assets may not be recoverable. Impairment indicators that the Company considers include, but are not limited to, bankruptcy or other credit concerns of a property’s major tenant, such as a history of late payments, rental concessions and other factors, a significant decrease in a property’s revenues due to lease terminations, vacancies, co-tenancy clauses, reduced lease rates or other circumstances. When indicators of potential impairment are present, the Company assesses the recoverability of the assets by determining whether the carrying amount of the assets will be recovered through the undiscounted future cash flows expected from the use of the assets and their eventual disposition. In the event that such expected undiscounted future cash flows do not exceed the carrying amount, the Company will adjust the real estate and related assets to their respective fair values and recognize an impairment loss. Generally, fair value is determined using a discounted cash flow analysis and recent comparable sales transactions. No impairment indicators were identified and no impairment losses were recorded during the years ended December 31, 2013, 2012 or 2011.
	When developing estimates of expected future cash flows, the Company makes certain assumptions regarding future market rental income amounts subsequent to the expiration of current lease agreements, property operating expenses, terminal capitalization and discount rates, the expected number of months it takes to re-lease the property, required tenant improvements and the number of years the property will be held for investment. The use of alternative assumptions in estimating expected future cash flows could result in a different determination of the property’s expected future cash flows and a different conclusion regarding the existence of an impairment, the extent of such loss, if any, as well as the fair value of the real estate and related assets.
	When a real estate asset is identified by the Company as held for sale, the Company will cease depreciation and amortization of the assets related to the property and estimate the fair value, net of selling costs. If, in management’s opinion, the fair value, net of selling costs, of the asset is less than the carrying amount of the asset, an adjustment to the carrying amount would be recorded to reflect the estimated fair value of the property, net of selling costs. There were no assets identified as held for sale as of December 31, 2013, 2012 or 2011.
Allocation of purchase price of real estate and related assets	'
	Allocation of Purchase Price of Real Estate and Related Assets
	Upon the acquisition of real properties, the Company allocates the purchase price to acquired tangible assets, consisting of land, buildings and improvements, and identified intangible assets and liabilities, consisting of the value of above market and below market leases and the value of in-place leases, based in each case on their respective fair values. Acquisition related expenses are expensed as incurred. The Company utilizes independent appraisals to assist in the determination of the fair values of the tangible assets of an acquired property (which includes land and building). The Company obtains an independent appraisal for each real property acquisition. The information in the appraisal, along with any additional information available to the Company’s management, is used in estimating the amount of the purchase price that is allocated to land. Other information in the appraisal, such as building value and market rents, may be used by the Company’s management in estimating the allocation of purchase price to the building and to intangible lease assets and liabilities. The appraisal firm has no involvement in management’s allocation decisions other than providing this market information.
	The fair values of above market and below market lease intangibles are recorded based on the present value (using a discount rate which reflects the risks associated with the leases acquired) of the difference between (1) the contractual amounts to be paid pursuant to the in-place leases and (2) an estimate of fair market lease rates for the corresponding in-place leases, which is generally obtained from independent appraisals, measured over a period equal to the remaining non-cancelable term of the lease including any bargain renewal periods, with respect to a below market lease. The above market and below market lease intangibles are capitalized as intangible lease assets or liabilities, respectively. Above market leases are amortized as a reduction to rental income over the remaining terms of the respective leases. Below market leases are amortized as an increase to rental income over the remaining terms of the respective leases, including any bargain renewal periods. In considering whether or not the Company expects a tenant to execute a bargain renewal option, the Company evaluates economic factors and certain qualitative factors at the time of acquisition, such as the financial strength of the tenant, remaining lease term, the tenant mix of the leased property, the Company’s relationship with the tenant and the availability of competing tenant space. If a lease were to be terminated prior to its stated expiration, all unamortized amounts of above market or below market lease intangibles relating to that lease would be recorded as an adjustment to rental income.
	The fair values of in-place leases include estimates of direct costs associated with obtaining a new tenant and opportunity costs associated with lost rental and other property income which are avoided by acquiring a property with an in-place lease. Direct costs associated with obtaining a new tenant include commissions and other direct costs, and are estimated in part by utilizing information obtained from independent appraisals and management’s consideration of current market costs to execute a similar lease. The intangible values of opportunity costs, which are calculated using the contractual amounts to be paid pursuant to the in-place leases over a market absorption period for a similar lease are capitalized as intangible lease assets and are amortized to expense over the remaining term of the respective leases. If a lease were to be terminated prior to its stated expiration, all unamortized amounts of in-place lease assets relating to that lease would be expensed.
	The Company will estimate the fair value of assumed mortgage notes payable based upon indications of current market pricing for similar types of debt financing with similar maturities. Assumed mortgage notes payable will initially be recorded at their estimated fair value as of the assumption date, and any difference between such estimated fair value and the mortgage note’s outstanding principal balance will be amortized to interest expense over the term of the respective mortgage note payable.
	The determination of the fair values of the real estate and related assets and liabilities acquired requires the use of significant assumptions with regard to the current market rental rates, rental growth rates, capitalization and discount rates, interest rates and other variables. The use of alternative estimates may result in a different allocation of the Company’s purchase price, which could impact the Company’s results of operations.
Investment in marketable securities	'
	Investment in Marketable Securities
	Investment in marketable securities consists primarily of the Company’s investment in corporate and government debt securities. The Company determines the appropriate classification for debt securities at the time of purchase and reevaluates such designation as of each balance sheet date. As of December 31, 2013, the Company classified its investments as available-for-sale as the Company is not actively trading the securities; however, the Company may sell them prior to their maturity. These investments are carried at their estimated fair value with unrealized gains and losses reported in accumulated other comprehensive (loss) income.
	The Company monitors its available-for-sale securities for impairments. A loss is recognized when the Company determines that a decline in the estimated fair value of a security below its amortized cost is other-than-temporary. The Company considers many factors in determining whether the impairment of a security is deemed to be other-than-temporary, including, but not limited to, the length of time the security has had a decline in estimated fair value below its amortized cost, the amount of the unrealized loss, the intent and ability of the Company to hold the security for a period of time sufficient for a recovery in value, recent events specific to the issuer or industry, external credit ratings and recent changes in such ratings. The analysis of determining whether the impairment of a security is deemed to be other-than-temporary requires significant judgments and assumptions. The use of alternative judgments and assumptions could result in a different conclusion.
	The amortized cost of debt securities is adjusted for amortization of premiums and accretion of discounts to maturity computed under the effective interest method and is recorded in the accompanying consolidated statements of operations in interest income on marketable securities along with interest and dividend income. Upon the sale of a security, the realized net gain or loss is computed on the specific identification method.
Cash and cash equivalents	'
	Cash and Cash Equivalents
	The Company considers all highly liquid instruments with maturities when purchased of three months or less to be cash equivalents. The Company considers investments in highly liquid money market accounts to be cash equivalents.
Restricted cash and escrows	'
	Restricted Cash and Escrows
	Included in restricted cash were escrowed investor proceeds for which shares of common stock had not been issued as of December 31, 2013 and December 31, 2012.
Rents and tenant receivables	'
	Rents and Tenant Receivables
	Rents and tenant receivables primarily include amounts to be collected in future periods related to the recognition of rental income on a straight-line basis over the lease term and cost recoveries due from tenants. The Company makes estimates of the uncollectability of its accounts receivable related to base rents, expense reimbursements and other revenues. The Company analyzes accounts receivable and historical bad debt levels, customer creditworthiness and current economic trends when evaluating the adequacy of the allowance for doubtful accounts. In addition, tenants in bankruptcy, if any, are analyzed and estimates are made in connection with the expected recovery of pre-petition and post-petition claims. The Company’s reported net income or loss is directly affected by management’s estimate of the collectability of accounts receivable. The Company records allowances for those balances that the Company deems to be uncollectible, including any amounts relating to straight-line rent receivables. As of December 31, 2013 and 2012, no balances were deemed uncollectible and no allowance was recorded.
Prepaid expenses and other assets	'
	Prepaid Expenses and Other Assets
	Prepaid expenses and other assets include expenses paid as of the balance sheet date that relate to future periods and will be expensed or reclassified to another account during the period to which the costs relate. Any amounts with no future economic benefit are charged to earnings when identified.
Deferred financing costs	'
	Deferred Financing Costs
	Deferred financing costs are capitalized and amortized on a straight-line basis over the term of the related financing arrangement, which approximates the effective interest method. If a note payable is prepaid, any unamortized deferred financing costs related to the note payable would be expensed. Amortization of deferred financing costs was $300,000, $177,000 and $12,000 for the years ended December 31, 2013, 2012 and 2011, respectively, and was recorded in interest expense in the consolidated statements of operations.
Revenue recognition	'
	Revenue Recognition
	Certain properties have leases where minimum rental payments increase during the term of the lease. The Company records rental revenue for the full term of each lease on a straight-line basis. When the Company acquires a property, the terms of existing leases are considered to commence as of the acquisition date for the purposes of this calculation. The Company defers the recognition of contingent rental income, such as percentage rents, until the specific target that triggers the contingent rental income is achieved. Expected reimbursements from tenants for recoverable real estate taxes and operating expenses are included in tenant reimbursement income in the period when such costs are incurred.
Income taxes	'
	Income Taxes
	The Company elected to be taxed, and currently qualifies as, a REIT for federal income tax purposes under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the “Internal Revenue Code”), commencing with its taxable year ending December 31, 2012. If the Company qualifies for taxation as a REIT, the Company generally will not be subject to federal corporate income tax to the extent it distributes its taxable income to its stockholders, and so long as it distributes at least 90% of its taxable income, determined without regard to the deduction for dividends paid and excluding certain non-cash items and net capital gains. REITs are subject to a number of other organizational and operational requirements. Even if the Company maintains its qualification to be taxed as a REIT, it may be subject to certain state and local taxes on its income and property, and federal income and excise taxes on its undistributed income.
Concentration of credit risk	'
	Concentration of Credit Risk
	As of December 31, 2013, the Company had cash on deposit at two financial institutions, in one of which the Company had deposits in excess of federally insured levels totaling $5.1 million; however, the Company has not experienced any losses in such accounts. The Company limits significant cash deposits to accounts held by financial institutions with high credit standing; therefore, the Company believes it is not exposed to any significant credit risk on its cash deposits.
	As of December 31, 2013, no single tenant accounted for greater than 10% of the Company’s 2013 gross annualized rental revenues. Tenants in the home and garden, grocery and drugstore industries accounted for 17%, 16% and 16%, respectively, of the Company’s 2013 gross annualized rental revenues. Additionally, the Company has certain geographic concentrations in its property holdings. In particular, as of December 31, 2013, three of the Company’s properties were located in Michigan and three of the Company’s properties were located in Texas, accounting for 16% and 14%, respectively, of the Company’s 2013 gross annualized rental revenues.
Offering and related costs	'
	Offering and Related Costs
	Cole Advisors funds all of the organization and offering costs associated with the sale of the Company’s common stock (excluding selling commissions, the distribution fee and the dealer manager fee) and is reimbursed for such costs up to 0.75% of gross proceeds from the Offering, excluding selling commissions charged on A Shares sold in the Primary Offering. As of December 31, 2013, Cole Advisors, or its affiliates, had paid organization and offering costs in excess of the 0.75% in connection with the Offering. These excess costs were not included in the financial statements of the Company because such costs were not a liability of the Company as they exceeded 0.75% of gross proceeds from the Offering. As the Company raises additional proceeds from the Offering, these excess costs may become payable to Cole Advisors.
Due to affiliates	'
	Due to Affiliates
	Cole Advisors and certain of its affiliates received, and will continue to receive fees, reimbursements and compensation in connection with services provided relating to the Offering and the acquisition, management and performance of the Company’s assets. As of December 31, 2013 and 2012, $829,000 and $335,000, respectively, was due to Cole Advisors and its affiliates for such services, as discussed in Note 10 to these consolidated financial statements.
Stockholders' equity	'
	Stockholders’ Equity
	As of December 31, 2013, the Company was authorized to issue up to 500,000,000 shares of capital stock. Of the total number of shares of capital stock authorized (a) 490,000,000 shares are designated as common stock, 164,000,000 of which are classified as W Shares, 163,000,000 of which are classified as A Shares and 163,000,000 of which are classified as I Shares, and (b) 10,000,000 shares are designated as preferred stock. All shares of such stock have a par value of $0.01 per share. The par value of investor proceeds raised from the Offering is classified as common stock, with the remainder allocated to capital in excess of par value. The Company’s board of directors may amend the charter from time to time to increase or decrease the aggregate number of authorized shares of capital stock or the number of authorized shares of capital stock of any class or series without stockholder approval.
Redeemable common stock	'
	Redeemable Common Stock
	The Company has adopted a share redemption program that permits its stockholders to redeem their shares, subject to certain limitations discussed in Note 12 to these consolidated financial statements. The Company records amounts that are redeemable under the share redemption program as redeemable common stock outside of permanent equity in its consolidated balance sheets. Redeemable common stock is recorded at the greater of the carrying amount or redemption value each reporting period. Changes in the value from period to period are recorded as an adjustment to capital in excess of par value.
	As of December 31, 2013, the quarterly redemption capacity was equal to 10% of the Company’s NAV and this amount was recorded as redeemable common stock on the consolidated balance sheet for a total of $7.0 million. As of December 31, 2012, the outstanding shares eligible for redemption were recorded as redeemable common stock on the consolidated balance sheet, at the NAV per share, for a total of $3.8 million. As of December 31, 2013 and 2012, certain shares were not permitted to be redeemed subject to certain limitations as discussed in Note 12 to these consolidated financial statements.
Loss per share	'
	Loss Per Share
	Loss per share is calculated based on the weighted average number of common shares outstanding during each period presented. Diluted loss per share considers the effect of any potentially dilutive share equivalents, of which the Company had none for each of the years ended December 31, 2013, 2012 and 2011.
Reportable segments	'
	Reportable Segments
	The Company’s operating segment consists of commercial properties, which include activities related to investing in real estate including retail properties. The commercial properties are geographically diversified throughout the United States and have similar economic characteristics. The Company evaluates operating performance on an overall portfolio level; therefore the Company’s properties are aggregated into one reportable segment.
Interest	'
	Interest
	Interest is charged to interest expense as it accrues. No interest costs were capitalized during the years ended December 31, 2013, 2012 and 2011.
Distributions payable and distribution policy	'
	Distributions Payable and Distribution Policy
	In order to qualify as a REIT, the Company is required, among other things, to make distributions each taxable year equal to at least 90% of its taxable income, determined without regard to the deduction for dividends paid and excluding certain non-cash items and net capital gains. To the extent funds are available, the Company intends to pay regular distributions to stockholders. Distributions are paid to stockholders of record as of the applicable record dates.
	The Company’s board of directors authorized a daily distribution, based on 365 days in the calendar year of $0.002429042 per share for stockholders of record as of the close of business on each day of the period commencing on January 1, 2013 and ending on September 30, 2013. The Company’s board of directors authorized a daily distribution of $0.002563727 per share (the “Daily Distribution Amount”) for stockholders of record as of the close of business on each day of the period commencing on October 1, 2013 for W Shares, October 10, 2013 for A Shares (the day on which A Shares were first issued) and November 19, 2013 for I Shares (the day on which I Shares were first issued), and ending on December 31, 2013. The Daily Distribution Amount for each class of outstanding common stock is adjusted based on the relative NAV of the various classes each day so that, from day to day, distributions constitute a uniform percentage of the NAV per share of all classes. As a result, from day to day, the per share daily distribution for each outstanding class of common stock may have been higher or lower than $0.002563727 per share based on the relative NAV of each class of common stock on that day. As of December 31, 2013, the Company had distributions payable of $317,000. The distributions were paid in January 2014, of which $122,000 were reinvested in shares through the DRIP.
Recent accounting pronouncements	'
	Recent Accounting Pronouncements
	In February 2013, the U.S. Financial Accounting Standards Board issued Accounting Standards Update, 2013-02 Comprehensive Income (Topic 220), Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income (“ASU 2013-02”), which amended the reporting requirements for comprehensive income pertaining to the reclassification of items out of accumulated other comprehensive income. ASU 2013-02 was effective for the Company beginning January 1, 2013, and the Company has presented the required information within the consolidated statements of other comprehensive income (loss) and notes to the financial statements.

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2013
Accounting Policies [Abstract]	'
Investment in and valuation of real estate and related assets	'
	Real estate and related assets, other than land, are depreciated or amortized on a straight-line basis. The estimated useful lives of the Company’s real estate and related assets by class are generally as follows:
	Buildings	40 years
	Tenant improvements	Lesser of useful life or lease term
	Intangible lease assets	Lease term

Real_Estate_Assets_Tables

Real Estate Assets (Tables)	12 Months Ended
	Dec. 31, 2013
Real Estate [Abstract]	'
Schedule of purchase price allocation	'
	The Company purchased the 2013 Acquisitions with net proceeds from the Offering, combined with proceeds from borrowings, as discussed in Note 7 to these consolidated financial statements. The Company allocated the purchase price of these properties to the fair value of the assets acquired and liabilities assumed. The following table summarizes the purchase price allocation (in thousands):
		December 31, 2013
	Land	$	11,378
	Building and improvements	51,500
	Acquired in-place leases	7,963
	Acquired above market leases	213
	Acquired below market leases	(520		)
	Total purchase price	$	70,534
	The Company allocated the purchase price of the property to the fair value of the assets acquired. The following table summarizes the purchase price allocation (in thousands):
		December 31, 2012
	Land	$	141
	Building and improvements	1,449
	Acquired in-place leases	191
	Total purchase price	$	1,781
Business acquisition, pro forma information	'
	The table below presents the Company’s estimated revenue and net income, on a pro forma basis, for the years ended December 31, 2013 and 2012 (in thousands):
		Year Ended
		December 31, 2013			December 31, 2012
	Pro forma basis (unaudited):
	Revenue	$	8,771		$	8,538
	Net income	$	879		$	859
	The table below presents the Company’s estimated revenue and net income, on a pro forma basis, for the years ended December 31, 2012 and 2011 (in thousands):
		Year Ended			Year Ended
		31-Dec-12			31-Dec-11
	Pro forma basis (unaudited):
	Revenue	$	2,806		$	285
	Net income (loss)	$	15		$	(360	)

Intangible_Lease_Assets_Tables

Intangible Lease Assets (Tables)	12 Months Ended
	Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
Schedule of finite-lived intangible assets	'
	ntangible lease assets consisted of the following (in thousands, except weighted average life amounts):
				As of December 31,
				2013			2012
	In-place leases, net of accumulated amortization of $765 and $237, respectively
		(with a weighted average life remaining of 13.3 and 16.9 years, respectively).		$	11,247		$	3,612
	Acquired above market leases, net of accumulated amortization of $30 and $9,
		respectively (with a weighted average life remaining of 11.4 and 10.4 years, respectively).		283			91
				$	11,530		$	3,703
Schedule of finite-lived intangible assets, future amortization expense	'
	the estimated amortization expense relating to the intangible lease assets for each of the five succeeding fiscal years is as follows (in thousands):
			Amortization
	Year ending December 31,		In-Place Leases			Above Market Leases
	2014		$	1,018		$	33
	2015		$	954		$	33
	2016		$	937		$	33
	2017		$	915		$	27
	2018		$	894		$	19

Marketable_Securities_Tables

Marketable Securities (Tables)	12 Months Ended
	Dec. 31, 2013
Investments, Debt and Equity Securities [Abstract]	'
Available-for-sale securities	'
	The following is a summary of the Company’s available-for-sale securities as of December 31, 2013 (in thousands):
		Available-for-sale securities
		Amortized Cost Basis			Unrealized Loss			Fair Value
	U.S. Treasury Bonds	$	95		$	—		$	95
	U.S. Agency Bonds	105			(1		)	104
	Corporate Bonds	263			(2		)	261
	Total available-for-sale securities	$	463		$	(3	)	$	460
Schedule of available-for-sale securities reconciliation	'
	The following table provides the activity for the marketable securities during the year ended December 31, 2013 (in thousands):
		Amortized Cost Basis			Unrealized Gain (Loss)			Fair Value
	Marketable securities as of January 1, 2013	$	226		$	1		$	227
	Face value of marketable securities acquired	356			—			356
	Premiums and discounts on purchase of marketable securities, net of acquisition costs	6			—			6
	Amortization on marketable securities	(3		)	—			(3		)
	Sales of securities	(122		)	1			(121		)
	Decrease in fair value of marketable securities	—			(5		)	(5		)
	Marketable securities as of December 31, 2013	$	463		$	(3	)	$	460
Unrealized gain (loss) on investments	'
	The following table shows the fair value and gross unrealized losses of the Company’s available-for-sale securities as of December 31, 2013 and the length of time the available-for-sale securities have been in the unrealized loss position (in thousands).
		Less than 12 Months						12 Months or More					Total
		Fair			Unrealized Losses			Fair			Unrealized Losses		Fair		Unrealized Losses
		Value						Value					Value
	U.S. Treasury Bonds	$	79		$	(1	)	$	—		$	—	$	79	$	(1	)
	U.S. Agency Bonds	80			(1		)	—			—		80		(1		)
	Corporate Bonds	125			(3		)	—			—		125		(3		)
	Total temporarily impaired securities	$	284		$	(5	)	$	—		$	—	$	284	$	(5	)
Investments classified by contractual maturity date	'
	The scheduled maturities of the Company’s marketable securities as of December 31, 2013 are as follows (in thousands):
		Available-for-sale securities
		Amortized Cost			Estimated Fair Value
	Due within one year	$	25		$	25
	Due after one year through five years	374			373
	Due after five years through ten years	64			62
	Due after ten years	—			—
	Total	$	463		$	460

Line_of_Credit_Tables

Line of Credit (Tables)	12 Months Ended
	Dec. 31, 2013
Debt Disclosure [Abstract]	'
Schedule of maturities of long-term debt	'
	The following table summarizes the scheduled repayment of the Line of Credit assuming no changes to the borrowing base assets and no extension is elected by the Company (in thousands):
	Year ending December 31,	Principal Repayments
	2014	$	43,900
	Thereafter	—
	Total	$	43,900

Acquired_Below_Market_Lease_In1

Acquired Below Market Lease Intangibles (Tables)	12 Months Ended
	Dec. 31, 2013
Intangible Liabilities Disclosure [Abstract]	'
Schedule of finite-lived intangible liabilities	'
	Acquired below market lease intangibles consisted of the following (in thousands, except weighted average life amounts):
			As of December 31,
			2013		2012
	Acquired below market leases, net of accumulated amortization of $126 and $51,
		respectively (with a weighted average life remaining of 15.3 and 19.5 years, respectively)	$	1,348	$	903
Schedule of finite-lived intangible assets, future amortization expense	'
	As of December 31, 2013, the estimated amortization of the intangible lease liabilities for each of the five succeeding fiscal years is as follows (in thousands):
			Amortization of
	Year ending December 31,		Below Market Leases
	2014		$	111
	2015		$	109
	2016		$	106
	2017		$	104
	2018		$	92

RelatedParty_Transactions_and_1

Related-Party Transactions and Arrangements Related-Party Transactions and Arrangements (Tables)	12 Months Ended
	Dec. 31, 2013
Related Party Transactions [Abstract]	'
Schedule of related party transactions	'
		Year Ended December 31,
		2013		2012			2011
	Acquisitions, Operations and Performance:
	Acquisition expense reimbursement	$	—	$	—		$	—
	Advisory fee	$	375	$	56		$	6
	Operating expense reimbursement	$	—	$	—		$	—
	Performance fee	$	431	$	143		$	—
	The Company recorded fees and expense reimbursements as shown in the table below for services provided by Cole Advisors and its affiliates related to the services described above during the years indicated (in thousands):
		Year Ended December 31,
		2013		2012			2011
	Offering:
	Selling commissions	$	16	$	—		$	—
	Selling commissions reallowed by CCC	$	16	$	—		$	—
	Distribution fee	$	—	$	—		$	—
	Dealer manager fees	$	229	$	34		$	4
	Dealer manager fees reallowed by CCC	$	7	$	—		$	—
	Organization and offering expense reimbursement	$	406	$	28		$	75
	In connection with the Offering, CCC, the Company’s dealer manager, will receive selling commissions, an asset-based dealer manager fee and/or an asset-based distribution fee, as summarized in the table below for each class of common stock:
			Selling Commission (1)	Dealer		Distribution Fee (2)
				Manager Fee (2)
	W Shares		—	0.55	%	—
	A Shares		up to 3.75%	0.55	%	0.5	%
	I Shares		—	0.25	%	—
	(1) The selling commission is based on the offering price for A Shares. The selling commission expressed as a percentage of NAV per A Share, rather than the offering price, would be up to 3.90%, subject to rounding and the effect of volume discounts the Company is offering on certain purchases of $150,001 or more of A Shares. Selling commissions will be deducted directly from the offering price for A Shares and paid to CCC. CCC will reallow 100% of the selling commissions on A Shares to participating broker-dealers.
	(2) The dealer manager and distribution fees accrue daily in an amount equal to 1/365th of the percentage of NAV per W Share, A Share or I Share, as applicable, for such day on a continuous basis. CCC, in its sole discretion, may reallow a portion of the dealer manager fee and distribution fee to participating broker-dealers.

Income_Taxes_Tables

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2013
Income Tax Disclosure [Abstract]	'
Schedule of dividends and distributions	'
	The following table shows the character of the distributions we paid on a percentage basis for the years ended December 31, 2013 and 2012:
	Character of Distributions (unaudited):	2013		2012
	Ordinary dividends	33.2	%	2.5	%
	Nontaxable distributions	66.8	%	97.5	%
	Total	100	%	100	%

Operating_Leases_Tables

Operating Leases - (Tables)	12 Months Ended
	Dec. 31, 2013
Leases [Abstract]	'
Schedule of future minimum rental payments for operating leases	'
	As of December 31, 2013, the future minimum rental income from the Company’s investment in real estate assets under non-cancelable operating leases, assuming no exercise of renewal options for the succeeding five fiscal years was as follows (in thousands):
	Year ending December 31,	Future Minimum
		Rental Income
	2014	$	8,155
	2015	8,005
	2016	7,964
	2017	7,895
	2018	7,781
	Thereafter	64,297
	Total	$	104,097

Quarterly_Results_Unaudited_Ta

Quarterly Results (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]	'
Schedule of quarterly financial information	'
	Presented below is a summary of the unaudited quarterly financial information for the years ended December 31, 2013 and 2012 (in thousands, except per share amounts). In the opinion of management, the information for the interim periods presented include all adjustments, which are of a normal and recurring nature, necessary to present a fair presentation of the results for each period.
		December 31, 2013
		First Quarter			Second Quarter			Third Quarter			Fourth Quarter
	Revenues	$	780		$	994		$	1,361		$	1,954
	Operating income (loss)	158			75			(153		)	330
	Net loss	(22		)	(97		)	(389		)	(26		)
	Basic and diluted net loss per common share	(0.02		)	(0.05		)	(0.13		)	(0.01		)
	Distributions declared per common share	0.22			0.22			0.22			0.25
		December 31, 2012
		First Quarter			Second Quarter			Third Quarter			Fourth Quarter
	Revenues	$	660		$	668		$	660		$	700
	Operating income	249			201			168			117
	Net income (loss)	47			(6		)	(35		)	(86		)
	Basic and diluted net income (loss) per common share	0.07			(0.01		)	(0.05		)	(0.11		)
	Distributions declared per common share	0.21			0.21			0.21			0.21

Organization_and_Business_Deta

Organization and Business (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2013	Dec. 06, 2011	Dec. 06, 2011	Dec. 06, 2011	Dec. 31, 2013	Dec. 31, 2013
	Common Class W	Common Class A	Common Class I	Initial public offering	Primary offering	Distribution reinvestment plan	Consolidated properties	Cole op
					Initial public offering	Initial public offering	states
							sqft
							Property
Organization and business [Line Items]	'	'	'	'	'	'	'	'
General partner partnership interest percentage	'	'	'	'	'	'	'	100.00%
Common stock, value authorized	'	'	'	$4,000,000,000	$3,500,000,000	$500,000,000	'	'
Share price (in dollars per share)	$16.84	$16.83	$16.85	'	'	'	'	'
Number of owned properties (in number of properties)	'	'	'	'	'	'	32	'
Number of states in which entity owns properties (in number of states)	'	'	'	'	'	'	19	'
Rentable square feet (in square feet)	'	'	'	'	'	'	720,000	'
Percentage of rentable space leased (in square feet)	'	'	'	'	'	'	99.80%	'

Summary_of_Significant_Account3

Summary of Significant Accounting Policies - Narative (Details) (USD $)

9 Months Ended

12 Months Ended

3 Months Ended

3 Months Ended

1 Months Ended

1 Months Ended

12 Months Ended

Sep. 30, 2013

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Jan. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2013

Common Class W

Common Class W

Common Class A

Common Class A

Common Class I

Common Class I

Subsequent event

Advisors

Advisors

Advisors

Buildings

Organization and offering expense reimbursement

Maximum

Valuation of real estate and related assets [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Acquired real estate asset, useful life

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'40 years

Amortization of deferred financing costs

'

$300,000

$177,000

$12,000

'

'

'

'

'

'

'

'

'

'

'

Organization and offering expense

'

'

'

'

'

'

'

'

'

'

'

'

'

0.75%

'

Due to affiliates

'

829,000

335,000

'

'

'

'

'

'

'

'

829,000

335,000

'

'

Common stock and preferred stock, shares authorized

'

500,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Common stock, shares authorized

'

490,000,000

'

'

164,000,000

490,000,000

163,000,000

0

163,000,000

0

'

'

'

'

'

Preferred stock, shares authorized

'

10,000,000

10,000,000

'

'

'

'

'

'

'

'

'

'

'

'

Common stock, par value

'

$0.01

'

'

$0.01

$0.01

$0.01

$0

$0.01

$0

'

'

'

'

'

Preferred stock, par value

'

$0.01

$0.01

'

'

'

'

'

'

'

'

'

'

'

'

Stock redemption program, number of shares authorized to be repurchased, quarterly redemption percentage of net asset value limitation

'

10.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

Redeemable common stock

'

7,000,000

3,800,000

'

'

'

'

'

'

'

'

'

'

'

'

Dividend, common stock and preferred stock, number of days in the calendar year for the daily distribution

'

'365 days

'

'

'

'

'

'

'

'

'

'

'

'

'

Daily distributions payable amount per share

$0.00

'

'

'

$0.00

'

$0.00

'

$0.00

'

'

'

'

'

'

Distributions declared and unpaid

'

317,000

65,000

37,000

'

'

'

'

'

'

'

'

'

'

'

Common stock issued through distribution reinvestment plan

'

$634,000

$8,000

$0

'

'

'

'

'

'

$122,000

'

'

'

'

Summary_of_Significant_Account4

Summary of Significant Accounting Policies - Concentration of credit risk (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2013
Concentration Risk [Line Items]	'
Cash on deposit, number of financial institutions	2
Cash on deposit, number of financial institutions which had deposits in excess of current federally insured limits	1
Michigan	'
Concentration Risk [Line Items]	'
Number of owned properties (in number of properties)	3
Texas	'
Concentration Risk [Line Items]	'
Number of owned properties (in number of properties)	3
Gross annualized rental revenues by industry	'
Concentration Risk [Line Items]	'
Concentration risk, percentage	10.00%
Credit concentration risk | Demand deposits	'
Concentration Risk [Line Items]	'
Concentration risk, credit risk, financial instrument, maximum exposure	5.1
Credit concentration risk | Gross annualized rental revenues by industry | Michigan	'
Concentration Risk [Line Items]	'
Concentration risk, percentage	16.00%
Credit concentration risk | Gross annualized rental revenues by industry | Texas	'
Concentration Risk [Line Items]	'
Concentration risk, percentage	14.00%
Customer concentration risk | Gross annualized rental revenues by industry | Home and garden industry	'
Concentration Risk [Line Items]	'
Concentration risk, percentage	17.00%
Customer concentration risk | Gross annualized rental revenues by industry | Grocery industry	'
Concentration Risk [Line Items]	'
Concentration risk, percentage	16.00%
Customer concentration risk | Gross annualized rental revenues by industry | Drugstore industry	'
Concentration Risk [Line Items]	'
Concentration risk, percentage	16.00%

Fair_Value_Measurements_Detail

Fair Value Measurements - (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Millions, unless otherwise specified
Carrying amount	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Line of credit, fair value	$43.90	$20.60
Fair value, inputs, level 2 | Fair value	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Line of credit, fair value	$43.90	$20.60

Real_Estate_Assets_Details

Real Estate Assets - (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Business Combination, Pro Forma Information [Abstract]	'	'	'
Acquisition related expenses	$852,000	$21,000	$417,000
2013 acquisitions	'	'	'
Business Acquisition [Line Items]	'	'	'
Business acquisition, percentage of voting interests acquired	100.00%	'	'
Number of real estate acquistions (in number of properties)	22	'	'
Aggregate purchase price	70,500,000	'	'
Business Acquisition, Purchase Price Allocation [Abstract]	'	'	'
Land	11,378,000	'	'
Building and improvements	51,500,000	'	'
Total purchase price	70,534,000	'	'
Business Combination, Pro Forma Information [Abstract]	'	'	'
Revenue of acquiree since acquisition date	2,169,000	'	'
Net income (loss) of acquiree since acquisition date	337,000	'	'
Acquisition related expenses	852,000	'	'
Revenue	8,771,000	8,538,000	'
Net income (loss)	879,000	859,000	'
2012 acquisitions	'	'	'
Business Acquisition [Line Items]	'	'	'
Business acquisition, percentage of voting interests acquired	'	100.00%	'
Number of real estate acquistions (in number of properties)	'	1	'
Aggregate purchase price	'	1,800,000	'
Business Acquisition, Purchase Price Allocation [Abstract]	'	'	'
Land	'	141,000	'
Building and improvements	'	1,449,000	'
Total purchase price	'	1,781,000	'
Business Combination, Pro Forma Information [Abstract]	'	'	'
Revenue of acquiree since acquisition date	'	11,000	'
Net income (loss) of acquiree since acquisition date	'	-17,000	'
Acquisition related expenses	'	21,000	'
Revenue	'	2,806,000	285,000
Net income (loss)	'	15,000	-360,000
Acquired in-place leases | 2013 acquisitions	'	'	'
Business Acquisition, Purchase Price Allocation [Abstract]	'	'	'
Acquired in-place leases and above-market leases	7,963,000	'	'
Acquired in-place leases | 2012 acquisitions	'	'	'
Business Acquisition, Purchase Price Allocation [Abstract]	'	'	'
Acquired in-place leases and above-market leases	'	191,000	'
Acquired above-market leases | 2013 acquisitions	'	'	'
Business Acquisition, Purchase Price Allocation [Abstract]	'	'	'
Acquired in-place leases and above-market leases	213,000	'	'
Acquired below-market leases | 2013 acquisitions	'	'	'
Business Acquisition, Purchase Price Allocation [Abstract]	'	'	'
Acquired below-market leases	($520,000)	'	'

Intangible_Lease_Assets_Detail

Intangible Lease Assets (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Finite-Lived Intangible Assets, Net [Abstract]	'	'	'
Finite-lived intangible assets, net	$11,530,000	$3,703,000	'
Finite-lived intangible assets, accumulated amortization	795,000	246,000	'
In-place leases	'	'	'
Finite-Lived Intangible Assets, Net [Abstract]	'	'	'
Finite-lived intangible assets, net	11,247,000	3,612,000	'
Finite-lived intangible assets, accumulated amortization	765,000	237,000	'
Finitel-lived intangible asset, useful life	'13 years 3 months 18 days	'16 years 10 months 24 days	'
Amortization of intangible assets	528,000	228,000	9,000
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]	'	'	'
2014	1,018,000	'	'
2015	954,000	'	'
2016	937,000	'	'
2017	915,000	'	'
2018	894,000	'	'
Above-market leases	'	'	'
Finite-Lived Intangible Assets, Net [Abstract]	'	'	'
Finite-lived intangible assets, net	283,000	91,000	'
Finite-lived intangible assets, accumulated amortization	30,000	9,000	'
Finitel-lived intangible asset, useful life	'11 years 4 months 24 days	'10 years 4 months 24 days	'
Amortization of intangible assets	21,000	9,000	1,000
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]	'	'	'
2014	33,000	'	'
2015	33,000	'	'
2016	33,000	'	'
2017	27,000	'	'
2018	$19,000	'	'

Marketable_Securities_Details

Marketable Securities (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
	Security
Schedule of Available-for-sale Securities [Line Items]	'	'	'
Amortized Cost Basis	$463	$226	'
Unrealized Gain (Loss)	-3	1	'
Total Estimated Fair Value	460	227	'
Amortized Cost Basis Rollforward	'	'	'
Marketable securities beginning balance	226	'	'
Face value of marketable securities acquired	356	'	'
Premiums and discounts on purchase of marketable securities, net of acquisition costs	6	'	'
Amortization on marketable securities	-3	'	'
Sales of securities	-122	'	'
Marketable securities ending balance	463	226	'
Unrealized Gain Rollforward	'	'	'
Marketable securities beginning balance	1	'	'
Sales of securities	1	'	'
Decrease in fair value of marketable securities	-5	'	'
Marketable securities ending balance	-3	1	'
Fair Value Rollforward	'	'	'
Marketable securities beginning balance	227	'	'
Face value of marketable securities acquired	356	'	'
Premiums and discounts on purchase of marketable securities, net of acquisition costs	6	'	'
Amortization on marketable securities	-3	'	'
Sales of securities	121	'	'
Decrease in fair value of marketable securities	-5	'	'
Marketable securities ending balance	460	227	'
Number of securities sold	18	'	'
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]	'	'	'
Available-for-sale securities, continuous unrealized loss position, less than twelve months, fair value	284	'	'
Available-for-sale securities, continuous unrealized loss position, twelve months or longer, fair value	0	'	'
Available-for-sale securities, continuous unrealized loss position, fair value	284	'	'
Proceeds from sale of marketable securities	119	16	0
Loss on sale of marketable securities	-2	0	0
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Fiscal Year Maturity [Abstract]	'	'	'
Due within one year	25	'	'
Due after one year through five years	374	'	'
Due after five years through ten years	64	'	'
Due after ten years	0	'	'
Total Amortized Cost Basis	463	'	'
Available-for-sale Securities, Debt Maturities, Fair Value, Fiscal Year Maturity [Abstract]	'	'	'
Due within one year	25	'	'
Due after one year through five years	373	'	'
Due after five years through ten years	62	'	'
Due after ten years	0	'	'
Total Estimated Fair Value	460	227	'
Unrealized (loss)	'	'	'
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]	'	'	'
Available-for-sale securities, continuous unrealized loss position, less than 12 months, aggregate loss	-5	'	'
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, aggregate loss	0	'	'
Available-for-sale securities, continuous unrealized loss position, aggregate loss	-5	'	'
U.S. Treasury Bonds	'	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'	'
Amortized Cost Basis	95	'	'
Unrealized Gain (Loss)	0	'	'
Total Estimated Fair Value	95	'	'
Amortized Cost Basis Rollforward	'	'	'
Marketable securities ending balance	95	'	'
Unrealized Gain Rollforward	'	'	'
Marketable securities ending balance	0	'	'
Fair Value Rollforward	'	'	'
Marketable securities ending balance	95	'	'
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]	'	'	'
Available-for-sale securities, continuous unrealized loss position, less than twelve months, fair value	79	'	'
Available-for-sale securities, continuous unrealized loss position, twelve months or longer, fair value	0	'	'
Available-for-sale securities, continuous unrealized loss position, fair value	79	'	'
Available-for-sale Securities, Debt Maturities, Fair Value, Fiscal Year Maturity [Abstract]	'	'	'
Total Estimated Fair Value	95	'	'
U.S. Treasury Bonds | Unrealized (loss)	'	'	'
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]	'	'	'
Available-for-sale securities, continuous unrealized loss position, less than 12 months, aggregate loss	-1	'	'
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, aggregate loss	0	'	'
Available-for-sale securities, continuous unrealized loss position, aggregate loss	-1	'	'
U.S. Agency Bonds	'	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'	'
Amortized Cost Basis	105	'	'
Unrealized Gain (Loss)	-1	'	'
Total Estimated Fair Value	104	'	'
Amortized Cost Basis Rollforward	'	'	'
Marketable securities ending balance	105	'	'
Unrealized Gain Rollforward	'	'	'
Marketable securities ending balance	-1	'	'
Fair Value Rollforward	'	'	'
Marketable securities ending balance	104	'	'
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]	'	'	'
Available-for-sale securities, continuous unrealized loss position, less than twelve months, fair value	80	'	'
Available-for-sale securities, continuous unrealized loss position, twelve months or longer, fair value	0	'	'
Available-for-sale securities, continuous unrealized loss position, fair value	80	'	'
Available-for-sale Securities, Debt Maturities, Fair Value, Fiscal Year Maturity [Abstract]	'	'	'
Total Estimated Fair Value	104	'	'
U.S. Agency Bonds | Unrealized (loss)	'	'	'
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]	'	'	'
Available-for-sale securities, continuous unrealized loss position, less than 12 months, aggregate loss	-1	'	'
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, aggregate loss	0	'	'
Available-for-sale securities, continuous unrealized loss position, aggregate loss	-1	'	'
Corporate Bonds	'	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'	'
Amortized Cost Basis	263	'	'
Unrealized Gain (Loss)	-2	'	'
Total Estimated Fair Value	261	'	'
Amortized Cost Basis Rollforward	'	'	'
Marketable securities ending balance	263	'	'
Unrealized Gain Rollforward	'	'	'
Marketable securities ending balance	-2	'	'
Fair Value Rollforward	'	'	'
Marketable securities ending balance	261	'	'
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]	'	'	'
Available-for-sale securities, continuous unrealized loss position, less than twelve months, fair value	125	'	'
Available-for-sale securities, continuous unrealized loss position, twelve months or longer, fair value	0	'	'
Available-for-sale securities, continuous unrealized loss position, fair value	125	'	'
Available-for-sale Securities, Debt Maturities, Fair Value, Fiscal Year Maturity [Abstract]	'	'	'
Total Estimated Fair Value	261	'	'
Corporate Bonds | Unrealized (loss)	'	'	'
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]	'	'	'
Available-for-sale securities, continuous unrealized loss position, less than 12 months, aggregate loss	-3	'	'
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, aggregate loss	0	'	'
Available-for-sale securities, continuous unrealized loss position, aggregate loss	($3)	'	'

Line_of_Credit_Details

Line of Credit (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Mar. 25, 2014	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2013
			Line of credit	Line of credit	Line of credit	Line of credit	Line of credit	Line of credit	Line of credit	Line of credit	Line of credit
				Subsequent event	Revolving credit facility	Revolving credit facility	Letter of credit	Short-term debt	Floating rate loan	Floating rate loan	Floating rate loan
						Eurodollar rate	Maximum	Maximum		Federal funds rate plus	LIBOR
Debt Instrument [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Debt, long-term and short-term, combined amount	$43,900,000	$20,640,000	$43,900,000	'	'	'	'	'	'	'	'
Line of credit facility, borrowing capacity	'	'	50,000,000	75,000,000	50,000,000	'	'	'	'	'	'
Debt security, amount, aggregate gross real estate assets net of gross Intangible lease liabilities	73,700,000	'	'	'	'	'	'	'	'	'	'
Line of credit facilities, borrowing base Calculation, percentage applied to the value of qualified properties	'	'	65.00%	'	'	'	'	'	'	'	'
Line of credit facility, current borrowing capacity	'	'	44,800,000	57,027,370	'	'	'	'	'	'	'
Letters of credit, current borrowing capacity, percentage of the line of credit facility, remaining borrowing capacity	'	'	'	'	'	'	15.00%	'	'	'	'
Short-term advances, current borrowing capacity, percentage of the line of credit facility, amount outstanding	'	'	'	'	'	'	'	10.00%	'	'	'
Line of credit facility, maximum borrowing capacity	'	'	250,000,000	'	'	'	'	15,000,000	'	'	'
Debt instrument, interest rate, effective percentage	'	'	2.88%	'	'	2.55%	'	'	'	'	'
Debt instrument, basis spread on variable rate	'	'	'	'	'	'	'	'	'	0.50%	1.00%
Debt instrument, interest rate, stated percentage	'	'	'	'	'	'	'	'	1.55%	'	'
Long-term Debt, Fiscal Year Maturity [Abstract]	'	'	'	'	'	'	'	'	'	'	'
2014	43,900,000	'	'	'	'	'	'	'	'	'	'
Thereafter	0	'	'	'	'	'	'	'	'	'	'
Long-term Debt	$43,900,000	'	'	'	'	'	'	'	'	'	'

Acquired_Below_Market_Lease_In2

Acquired Below Market Lease Intangibles (Details) (Acquired below-market leases, USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Acquired below-market leases	'	'	'
Finite-Lived Intangible Liabilities, Net [Abstract]	'	'	'
Finite-lived intangible liabilities, net	$1,348,000	$903,000	'
Finite-lived intangible liabilities, accumulated amortization	126,000	51,000	'
Finite-lived intangible liabilities, useful life	'15 years 3 months 18 days	'19 years 6 months	'
Amortization of intangible liabilities	75,000	49,000	2,000
Finite-Lived Intangible Liabilities, Net, Amortization Expense, Fiscal Year Maturity [Abstract]	'	'	'
2014	111,000	'	'
2015	109,000	'	'
2016	106,000	'	'
2017	104,000	'	'
2018	$92,000	'	'

RelatedParty_Transactions_and_2

Related-Party Transactions and Arrangements (Details) (USD $)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012	Dec. 31, 2011
Related Party Transaction [Line Items]	'		'	'
Due to affiliates	$829,000		$335,000	'
Common Class W	'		'	'
Related Party Transaction [Line Items]	'		'	'
Share price, base net asset value	$15		'	'
Common Class A	'		'	'
Related Party Transaction [Line Items]	'		'	'
Share price, base net asset value	$16.72		'	'
Common Class I	'		'	'
Related Party Transaction [Line Items]	'		'	'
Share price, base net asset value	$16.82		'	'
Advisors	'		'	'
Related Party Transaction [Line Items]	'		'	'
Daily asset based related party fee percent	0.90%		'	'
Excess General and Administrative Expense, Annualized Rate Limitation	1.25%		'	'
Due to affiliates	829,000		335,000	'
Advisors | Minimum	'		'	'
Related Party Transaction [Line Items]	'		'	'
Operating expense reimbursement percent of average invested assets	2.00%		'	'
Performance fee to advisor as percent of excess total return	25.00%		'	'
Selling commissions | Dealer manager | Common Class W	'		'	'
Related Party Transaction [Line Items]	'		'	'
Daily asset based related party fee percent	0.00%	[1]	'	'
Selling commissions | Dealer manager | Common Class A	'		'	'
Related Party Transaction [Line Items]	'		'	'
Daily asset based related party fee percent	3.75%	[1]	'	'
Common stock, share purchase volume discount	150,001		'	'
Selling commissions | Dealer manager | Common Class I	'		'	'
Related Party Transaction [Line Items]	'		'	'
Daily asset based related party fee percent	0.00%	[1]	'	'
Selling commissions | Dealer manager | Maximum | Common Class A	'		'	'
Related Party Transaction [Line Items]	'		'	'
Daily asset based related party fee percent	3.90%		'	'
Selling commissions | Advisors	'		'	'
Related Party Transaction [Line Items]	'		'	'
Related party transaction, expenses from transactions with related party	16,000		0	0
Selling commissions reallowed by cole capital | Advisors	'		'	'
Related Party Transaction [Line Items]	'		'	'
Related party transaction, expenses from transactions with related party	16,000		0	0
Selling commissions reallowed by cole capital | Advisors | Common Class A	'		'	'
Related Party Transaction [Line Items]	'		'	'
Daily asset based related party fee reallowed to third party percent	100.00%		'	'
Distribution fee | Dealer manager | Common Class W	'		'	'
Related Party Transaction [Line Items]	'		'	'
Daily asset based related party fee percent	0.00%	[2]	'	'
Distribution fee | Dealer manager | Common Class A	'		'	'
Related Party Transaction [Line Items]	'		'	'
Daily asset based related party fee percent	0.50%	[2]	'	'
Distribution fee | Dealer manager | Common Class I	'		'	'
Related Party Transaction [Line Items]	'		'	'
Daily asset based related party fee percent	0.00%	[2]	'	'
Distribution fee | Advisors	'		'	'
Related Party Transaction [Line Items]	'		'	'
Related party transaction, expenses from transactions with related party	0		0	0
Dealer manager fees | Dealer manager | Common Class W	'		'	'
Related Party Transaction [Line Items]	'		'	'
Daily asset based related party fee percent	0.55%	[2]	'	'
Dealer manager fees | Dealer manager | Common Class A	'		'	'
Related Party Transaction [Line Items]	'		'	'
Daily asset based related party fee percent	0.55%	[2]	'	'
Dealer manager fees | Dealer manager | Common Class I	'		'	'
Related Party Transaction [Line Items]	'		'	'
Daily asset based related party fee percent	0.25%	[2]	'	'
Dealer manager fees | Advisors	'		'	'
Related Party Transaction [Line Items]	'		'	'
Related party transaction, expenses from transactions with related party	229,000		34,000	4,000
Dealer manager fees reallowed by CCC | Advisors	'		'	'
Related Party Transaction [Line Items]	'		'	'
Related party transaction, expenses from transactions with related party	7,000		0	0
Organization and offering expense reimbursement | Advisors	'		'	'
Related Party Transaction [Line Items]	'		'	'
Related party transaction, expenses from transactions with related party	406,000		28,000	75,000
Organization and offering expense reimbursement | Advisors | Maximum	'		'	'
Related Party Transaction [Line Items]	'		'	'
Organization and offering expense	0.75%		'	'
Acquisition expense reimbursement | Advisors	'		'	'
Related Party Transaction [Line Items]	'		'	'
Related party transaction, expenses from transactions with related party	0		0	0
Acquisition expense reimbursement | Advisors | Maximum	'		'	'
Related Party Transaction [Line Items]	'		'	'
Acquisition and advisory fee	6.00%		'	'
Advisory fee | Advisors	'		'	'
Related Party Transaction [Line Items]	'		'	'
Related party transaction, expenses from transactions with related party	375,000		56,000	6,000
Operating expense reimbursement | Advisors	'		'	'
Related Party Transaction [Line Items]	'		'	'
Related party transaction, expenses from transactions with related party	0		0	0
Performance fee | Advisors	'		'	'
Related Party Transaction [Line Items]	'		'	'
Related party transaction, expenses from transactions with related party	$431,000		$143,000	$0
Performance fee | Advisors | Maximum	'		'	'
Related Party Transaction [Line Items]	'		'	'
Total return threshold to receive performance fee	10.00%		'	'
[1]	The selling commission is based on the offering price for A Shares. The selling commission expressed as a percentage of NAV per A Share, rather than the offering price, would be up to 3.90%, subject to rounding and the effect of volume discounts the Company is offering on certain purchases of $150,001 or more of A Shares. Selling commissions will be deducted directly from the offering price for A Shares and paid to CCC. CCC will reallow 100% of the selling commissions on A Shares to participating broker-dealers.
[2]	The dealer manager and distribution fees accrue daily in an amount equal to 1/365th of the percentage of NAV per W Share, A Share or I Share, as applicable, for such day on a continuous basis. CCC, in its sole discretion, may reallow a portion of the dealer manager fee and distribution fee to participating broker-dealers.

Stockholders_Equity_Details

Stockholders' Equity (Details) (USD $)

12 Months Ended

41 Months Ended

12 Months Ended

12 Months Ended

12 Months Ended

12 Months Ended

12 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Common Stock

Common Stock

Common Class W

Common Class W

Common Class W

Common Class W

Common Class W

Common Class W

Common Class W

Common Class W

Common Class W

Common Class A

Common Class A

Common Class A

Common Class A

Common Class A

Common Class A

Common Class I

Common Class I

Common Class I

Common Class I

Common Class I

Common Class I

Common Stock

Common Stock

Common Stock

Common Stock

Common Stock

Common Stock

Common Stock

Common Stock

Common Stock

Common Stock

Common Stock

Common Stock

Common Stock

Common Stock

Common Stock

CHC

Trust of company director

CREI

Equity, Class of Treasury Stock [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Common stock and preferred stock, shares authorized

500,000,000

'

'

500,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Common stock, shares authorized

490,000,000

'

'

490,000,000

'

'

164,000,000

490,000,000

'

'

'

'

'

'

'

163,000,000

0

'

'

'

'

163,000,000

0

'

'

'

'

Preferred stock, shares authorized

10,000,000

10,000,000

'

10,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Common stock, par value

$0.01

'

'

$0.01

'

'

$0.01

$0.01

'

'

'

'

'

'

'

$0.01

$0

'

'

'

'

$0.01

$0

'

'

'

'

Issuance of common stock, shares

'

'

'

'

3,271,364

'

'

'

3,247,362

234,037

666,667

'

'

'

'

'

'

23,767

'

'

'

'

'

235

'

'

'

Shares issued pursuant to a distribution reinvestment plan (in shares)

'

'

'

'

38,000

460

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Issuance of common stock

$54,085,000

$3,729,000

$10,000,000

$67,800,000

'

'

'

'

$32,000

$2,000

$7,000

'

'

'

'

'

'

$0

'

'

'

'

'

'

'

'

'

Common stock, shares outstanding

4,172,068

'

'

4,172,068

'

'

3,993,916

914,037

3,993,916

914,037

680,000

13,333

'

'

13,333

23,767

0

23,767

0

0

0

129,176

0

129,176

0

0

0

Common stock issued through distribution reinvestment plan

634,000

8,000

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Stock redemption program, short-term trading fee, percentage of aggregate net asset value per share of common stock

2.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Stock redemption program, number of shares authorized to be repurchased, percentage of weighted average number of shares outstanding

5.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Stock redemption program, number of shares authorized to be repurchased, carryover percentage

15.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Stock redemption program, number of shares authorized to be repurchased, carryover percentage quarterly net asset value limitation

10.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Redemptions of common stock, shares

'

'

'

'

'

'

'

'

-38,542

'

'

'

-627,979

-38,688

'

'

'

'

'

'

'

'

'

'

'

'

'

Offer amount limit before the owner is permitted to redeem any of its common stock shares

100,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Redeemable common stock

6,982,000

3,770,000

'

6,982,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Redemptions of common stock

$627,000

'

'

'

'

'

'

'

$627,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Income_Taxes_Details

Income Taxes (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Income Tax Disclosure [Abstract]	'	'
Ordinary dividends	33.20%	2.50%
Nontaxable distributions	66.80%	97.50%
Dividends, Percentage	100.00%	100.00%
Property, plant and equipment, land and real estate assets, net tax basis	$102,200,000	'
State and local income tax and franchise tax expense	$35,000	$22,000

Operating_Leases_Details

Operating Leases (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013
Leases [Abstract]	'
Weighted average remaining term of leases	'12 years 9 months 18 days
2014	$8,155
2015	8,005
2016	7,964
2017	7,895
2018	7,781
Thereafter	64,297
Total	$104,097

Quarterly_Results_Unaudited_De

Quarterly Results (Unaudited) (Details) (USD $)	3 Months Ended								12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Quarterly Financial Information Disclosure [Abstract]	'	'	'	'	'	'	'	'	'	'	'
Revenues	$1,954	$1,361	$994	$780	$700	$660	$668	$660	$5,089	$2,688	$155
Operating income (loss)	330	-153	75	158	117	168	201	249	410	735	-363
Net income (loss)	($26)	($389)	($97)	($22)	($86)	($35)	($6)	$47	($534)	($80)	($417)
Basic and diluted net income (loss) per common share (in dollars per share)	($0.01)	($0.13)	($0.05)	($0.02)	($0.11)	($0.05)	($0.01)	$0.07	($0.21)	($0.11)	($7.29)
Distributions declared per common share (in dollars per share)	$0.25	$0.22	$0.22	$0.22	$0.21	$0.21	$0.21	$0.21	'	'	'

Subsequent_Events_Details

Subsequent Events - (Details) (USD $)	12 Months Ended			41 Months Ended		3 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2013	Dec. 31, 2013	Mar. 25, 2014	Mar. 25, 2014	Mar. 25, 2014
					Line of credit	Subsequent event	Subsequent event	Subsequent event
						Property	Line of credit	Line of credit
								Accordion feature
Subsequent Event [Line Items]	'	'	'	'	'	'	'	'
Business acquisition, percentage of voting interests acquired	'	'	'	'	'	100.00%	'	'
Number of real estate acquistions (in number of properties)	'	'	'	'	'	5	'	'
Total purchase price	'	'	'	'	'	$9,400,000	'	'
Issuance of common stock	54,085,000	3,729,000	10,000,000	67,800,000	'	78,900,000	'	'
Issuance of common stock, shares	'	'	'	'	'	4,827,565	'	'
Line of credit facility, current borrowing capacity increase (decrease)	'	'	'	'	'	'	'	25,000,000
Line of credit facility, increase, additional borrowings	'	'	'	'	'	'	7,000,000	'
Line of credit facility, borrowing capacity	'	'	'	'	50,000,000	'	75,000,000	200,000,000
Line of credit facility, current borrowing capacity	'	'	'	'	44,800,000	'	57,027,370	'
Repayments of lines of credit	25,615,000	2,475,000	-21,440,000	'	'	'	9,500,000	'
Line of credit, amount outstanding	'	'	'	'	'	'	41,400,000	'
Long-term debt, weighted average interest rate	'	'	'	'	'	'	2.74%	'
Line of credit, remaining borrowing capacity	'	'	'	'	'	'	$15,600,000	'

SCHEDULE_III_Real_Estate_Asset1

SCHEDULE III b Real Estate Assets and Accumulated Depreciation (Details) (USD $)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012	Dec. 31, 2011
	Property
Initial Costs to Company	'		'	'
Land	$24,143,000		'	'
Buildings And Improvements	68,394,000		'	'
Total Adjustment to Basis	180,000		'	'
Gross Amount at Which Carried At December 31, 2013	92,717,000	[1],[2]	29,839,000	28,069,000
Accumulated Depreciation	1,451,000	[3],[4]	440,000	17,000
Number of single-tenant freestanding retail properties, owned	29		'	'
Number of multi-tenant retail properties, owned	3		'	'
Property Plant And Equipment Land And Real Estate Assets, Aggregate Cost Tax Basis	102,200,000		'	'
Property, plant and equipment, land and real estate assets, net tax basis	102,200,000		'	'
Debt, long-term and short-term, combined amount	43,900,000		20,640,000	'
Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]	'		'	'
Balance, beginning of period	29,839,000		28,069,000	0
Additions	'		'	'
Acquisitions	62,878,000		1,590,000	28,069,000
Improvements	0		180,000	0
Total additions	62,878,000		1,770,000	28,069,000
Deductions	'		'	'
Cost of real estate sold	0		0	0
Total deductions	0		0	0
Balance, end of period	92,717,000	[1],[2]	29,839,000	28,069,000
Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]	'		'	'
Balance, beginning of period	440,000		17,000	0
Additions	'		'	'
Acquisitions - Depreciation Expense for Building & Tenant Improvements Acquired	990,000		420,000	17,000
Improvements - Depreciation Expense for Tenant Improvements & Building Equipment	21,000		3,000	0
Total additions	1,011,000		423,000	17,000
Deductions	'		'	'
Cost of real estate sold	0		0	0
Total deductions	0		0	0
Balance, end of period	1,451,000	[3],[4]	440,000	17,000
Line of credit	'		'	'
Initial Costs to Company	'		'	'
Debt, long-term and short-term, combined amount	43,900,000		'	'
Buildings	'		'	'
Initial Costs to Company	'		'	'
Acquired real estate asset, useful life	'40 years		'	'
Advance Auto: | Macomb Township, MI	'		'	'
Initial Costs to Company	'		'	'
Land	718,000		'	'
Buildings And Improvements	1,146,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	1,864,000	[1],[2]	'	'
Accumulated Depreciation	63,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	1,864,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	63,000	[3],[4]	'	'
Advance Auto: | Sedalia, MO	'		'	'
Initial Costs to Company	'		'	'
Land	374,000		'	'
Buildings And Improvements	1,187,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	1,561,000	[1],[2]	'	'
Accumulated Depreciation	10,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	1,561,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	10,000	[3],[4]	'	'
Algonac Plaza: | Algonac, MI	'		'	'
Initial Costs to Company	'		'	'
Land	1,097,000		'	'
Buildings And Improvements	7,718,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	8,815,000	[1],[2]	'	'
Accumulated Depreciation	87,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	8,815,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	87,000	[3],[4]	'	'
CVS: | Austin, TX	'		'	'
Initial Costs to Company	'		'	'
Land	1,417,000		'	'
Buildings And Improvements	1,579,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	2,996,000	[1],[2]	'	'
Accumulated Depreciation	84,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	2,996,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	84,000	[3],[4]	'	'
CVS: | Erie, PA	'		'	'
Initial Costs to Company	'		'	'
Land	1,007,000		'	'
Buildings And Improvements	1,157,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	2,164,000	[1],[2]	'	'
Accumulated Depreciation	61,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	2,164,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	61,000	[3],[4]	'	'
CVS: | Mansfield, OH	'		'	'
Initial Costs to Company	'		'	'
Land	270,000		'	'
Buildings And Improvements	1,691,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	1,961,000	[1],[2]	'	'
Accumulated Depreciation	89,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	1,961,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	89,000	[3],[4]	'	'
CVS: | Wisconsin Rapids, WA	'		'	'
Real Estate and Accumulated Depreciation [Line Items]	'		'	'
Encumbrances	0		'	'
Initial Costs to Company	'		'	'
Land	518,000		'	'
Buildings And Improvements	2,148,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	2,666,000	[1],[2]	'	'
Accumulated Depreciation	2,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	2,666,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	2,000	[3],[4]	'	'
Dollar General: | Berwick, LA	'		'	'
Initial Costs to Company	'		'	'
Land	141,000		'	'
Buildings And Improvements	1,448,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	1,589,000	[1],[2]	'	'
Accumulated Depreciation	45,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	1,589,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	45,000	[3],[4]	'	'
Dollar General: | Independence, MO	'		'	'
Real Estate and Accumulated Depreciation [Line Items]	'		'	'
Encumbrances	0		'	'
Initial Costs to Company	'		'	'
Land	276,000		'	'
Buildings And Improvements	1,017,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	1,293,000	[1],[2]	'	'
Accumulated Depreciation	22,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	1,293,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	22,000	[3],[4]	'	'
Dollar General: | Sardis City, AL	'		'	'
Initial Costs to Company	'		'	'
Land	334,000		'	'
Buildings And Improvements	1,058,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	1,392,000	[1],[2]	'	'
Accumulated Depreciation	17,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	1,392,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	17,000	[3],[4]	'	'
Dollar General: | St. Joseph, MO	'		'	'
Real Estate and Accumulated Depreciation [Line Items]	'		'	'
Encumbrances	0		'	'
Initial Costs to Company	'		'	'
Land	197,000		'	'
Buildings And Improvements	972,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	1,169,000	[1],[2]	'	'
Accumulated Depreciation	20,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	1,169,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	20,000	[3],[4]	'	'
FedEx: | Elko, NV	'		'	'
Initial Costs to Company	'		'	'
Land	186,000		'	'
Buildings And Improvements	2,024,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	2,210,000	[1],[2]	'	'
Accumulated Depreciation	35,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	2,210,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	35,000	[3],[4]	'	'
FedEx: | Norfolk, NE	'		'	'
Initial Costs to Company	'		'	'
Land	618,000		'	'
Buildings And Improvements	2,499,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	3,117,000	[1],[2]	'	'
Accumulated Depreciation	25,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	3,117,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	25,000	[3],[4]	'	'
FedEx: | Spirit Lake, IA	'		'	'
Real Estate and Accumulated Depreciation [Line Items]	'		'	'
Encumbrances	0		'	'
Initial Costs to Company	'		'	'
Land	115,000		'	'
Buildings And Improvements	2,501,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	2,616,000	[1],[2]	'	'
Accumulated Depreciation	3,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	2,616,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	3,000	[3],[4]	'	'
Fresenius Medical Care: | Baton Rouge (Foster), LA	'		'	'
Initial Costs to Company	'		'	'
Land	145,000		'	'
Buildings And Improvements	696,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	841,000	[1],[2]	'	'
Accumulated Depreciation	26,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	841,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	26,000	[3],[4]	'	'
Fresenius Medical Care: | Baton Rouge (Howell), LA	'		'	'
Initial Costs to Company	'		'	'
Land	215,000		'	'
Buildings And Improvements	1,423,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	1,638,000	[1],[2]	'	'
Accumulated Depreciation	45,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	1,638,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	45,000	[3],[4]	'	'
Jo-Ann's | Roseville, MI	'		'	'
Initial Costs to Company	'		'	'
Land	506,000		'	'
Buildings And Improvements	2,747,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	3,253,000	[1],[2]	'	'
Accumulated Depreciation	25,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	3,253,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	25,000	[3],[4]	'	'
Kum & Go | Cedar Rapids, IA	'		'	'
Real Estate and Accumulated Depreciation [Line Items]	'		'	'
Encumbrances	0		'	'
Initial Costs to Company	'		'	'
Land	630,000		'	'
Buildings And Improvements	1,679,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	2,309,000	[1],[2]	'	'
Accumulated Depreciation	30,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	2,309,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	30,000	[3],[4]	'	'
Lowe's | Fremont, OH	'		'	'
Real Estate and Accumulated Depreciation [Line Items]	'		'	'
Encumbrances	0		'	'
Initial Costs to Company	'		'	'
Land	1,287,000		'	'
Buildings And Improvements	7,125,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	8,412,000	[1],[2]	'	'
Accumulated Depreciation	9,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	8,412,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	9,000	[3],[4]	'	'
Mattress Firm | Gadsden, AL	'		'	'
Initial Costs to Company	'		'	'
Land	393,000		'	'
Buildings And Improvements	1,413,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	1,806,000	[1],[2]	'	'
Accumulated Depreciation	20,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	1,806,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	20,000	[3],[4]	'	'
Natural Grocers | Prescott, AZ	'		'	'
Real Estate and Accumulated Depreciation [Line Items]	'		'	'
Encumbrances	0		'	'
Initial Costs to Company	'		'	'
Land	795,000		'	'
Buildings And Improvements	2,802,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	3,597,000	[1],[2]	'	'
Accumulated Depreciation	54,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	3,597,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	54,000	[3],[4]	'	'
PetSmart | Little Rock, AR	'		'	'
Initial Costs to Company	'		'	'
Land	1,283,000		'	'
Buildings And Improvements	2,820,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	4,103,000	[1],[2]	'	'
Accumulated Depreciation	36,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	4,103,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	36,000	[3],[4]	'	'
Sherwin-Williams | Douglasville, GA	'		'	'
Initial Costs to Company	'		'	'
Land	417,000		'	'
Buildings And Improvements	578,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	995,000	[1],[2]	'	'
Accumulated Depreciation	6,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	995,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	6,000	[3],[4]	'	'
Sherwin-Williams | Lawrenceville, GA	'		'	'
Initial Costs to Company	'		'	'
Land	320,000		'	'
Buildings And Improvements	845,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	1,165,000	[1],[2]	'	'
Accumulated Depreciation	7,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	1,165,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	7,000	[3],[4]	'	'
Sunoco | Merritt Island, FL	'		'	'
Initial Costs to Company	'		'	'
Land	577,000		'	'
Buildings And Improvements	1,762,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	2,339,000	[1],[2]	'	'
Accumulated Depreciation	31,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	2,339,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	31,000	[3],[4]	'	'
Tellico Greens | Loudon, TN	'		'	'
Real Estate and Accumulated Depreciation [Line Items]	'		'	'
Encumbrances	0		'	'
Initial Costs to Company	'		'	'
Land	823,000		'	'
Buildings And Improvements	3,959,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	4,782,000	[1],[2]	'	'
Accumulated Depreciation	4,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	4,782,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	4,000	[3],[4]	'	'
The Parke: | San Antonio, TX	'		'	'
Initial Costs to Company	'		'	'
Land	6,912,000		'	'
Buildings And Improvements	148,000		'	'
Total Adjustment to Basis	171,000		'	'
Gross Amount at Which Carried At December 31, 2013	7,231,000	[1],[2]	'	'
Accumulated Depreciation	39,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	7,231,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	39,000	[3],[4]	'	'
TJ Maxx | Danville, IL	'		'	'
Initial Costs to Company	'		'	'
Land	271,000		'	'
Buildings And Improvements	2,528,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	2,799,000	[1],[2]	'	'
Accumulated Depreciation	23,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	2,799,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	23,000	[3],[4]	'	'
Tractor Supply: | Brunswick, GA	'		'	'
Initial Costs to Company	'		'	'
Land	438,000		'	'
Buildings And Improvements	2,268,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	2,706,000	[1],[2]	'	'
Accumulated Depreciation	133,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	2,706,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	133,000	[3],[4]	'	'
Tractor Supply: | Lockhart, TX	'		'	'
Initial Costs to Company	'		'	'
Land	464,000		'	'
Buildings And Improvements	2,046,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	2,510,000	[1],[2]	'	'
Accumulated Depreciation	116,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	2,510,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	116,000	[3],[4]	'	'
Walgreens: | Albuquerque, NM	'		'	'
Initial Costs to Company	'		'	'
Land	789,000		'	'
Buildings And Improvements	1,609,000		'	'
Total Adjustment to Basis	9,000		'	'
Gross Amount at Which Carried At December 31, 2013	2,407,000	[1],[2]	'	'
Accumulated Depreciation	84,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	2,407,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	84,000	[3],[4]	'	'
Walgreens: | Reidsville, NC	'		'	'
Initial Costs to Company	'		'	'
Land	610,000		'	'
Buildings And Improvements	3,801,000		'	'
Total Adjustment to Basis	0		'	'
Gross Amount at Which Carried At December 31, 2013	4,411,000	[1],[2]	'	'
Accumulated Depreciation	200,000	[3],[4]	'	'
Deductions	'		'	'
Balance, end of period	4,411,000	[1],[2]	'	'
Deductions	'		'	'
Balance, end of period	$200,000	[3],[4]	'	'
[1]	The following is a reconciliation of total real estate carrying value for the years ended DecemberB 31: 2013B 2012B 2011Balance, beginning of period$29,839B $28,069B $bB Additions Acquisitions62,878B 1,590B 28,069 ImprovementsbB 180B bB Total additions62,878B 1,770B 28,069B Deductions Cost of real estate soldbB bB bB Total deductionsbB bB bBalance, end of period$92,717B $29,839B $28,069
[2]	The aggregate cost for federal income tax purposes was approximately $102.2 million.
[3]	The Companybs assets are depreciated or amortized using the straight-line method over the useful lives of the assets by class. Generally, tenant improvements are amortized over the respective lease term and buildings are depreciated over 40 years.
[4]	The following is a reconciliation of accumulated depreciation for the years ended DecemberB 31: 2013B 2012B 2011Balance, beginning of period$440B $17B $bB Additions Acquisitions - Depreciation Expense for Building & Tenant Improvements Acquired990B 420B 17 Improvements - Depreciation Expense for Tenant Improvements & Building Equipment21B 3B bB Total additions1,011B 423B 17B Deductions Cost of real estate soldbB bB bB Total deductionsbB bB bBalance, end of period$1,451B $440B $17