Cim Real Estate Finance Trust (CMRF) 10-K 31 Mar 14 2013 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2013	Mar. 25, 2014	Jun. 30, 2013
Document and Entity Information [Abstract]	'	'	'
Entity Registrant Name	'COLE CREDIT PROPERTY TRUST IV, INC.	'	'
Entity Central Index Key	'0001498547	'	'
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	'	297.1	'
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	$537,714	$146,873
Buildings and improvements, less accumulated depreciation of $23,377 and $1,744, respectively	1,399,617	315,922
Intangible lease assets, less accumulated amortization of $14,498 and $907, respectively	246,601	57,288
Total investment in real estate assets, net	2,183,932	520,083
Investment in unconsolidated joint venture	19,124	0
Total investment in real estate and related assets, net	2,203,056	520,083
Cash and cash equivalents	300,574	13,895
Restricted cash	8,193	523
Rents and tenant receivables, less allowance for doubtful accounts of $50 and $0, respectively	14,440	1,465
Property escrow deposits, prepaid expenses and other assets	10,942	1,142
Deferred financing costs, less accumulated amortization of $3,580 and $524, respectively	14,444	5,092
Total assets	2,551,649	542,200
LIABILITIES AND STOCKHOLDERS’ EQUITY	'	'
Notes payable and credit facility	696,946	274,594
Accounts payable and accrued expenses	12,675	5,042
Escrowed investor proceeds	5,147	523
Due to affiliates	7,512	2,156
Acquired below market lease intangibles, less accumulated amortization of $2,237 and $109, respectively	37,485	7,810
Distributions payable	10,569	1,456
Deferred rental income and other liabilities	12,859	3,140
Total liabilities	783,193	294,721
Commitments and contingencies	'	'
Redeemable common stock	26,484	1,964
STOCKHOLDERS’ EQUITY	'	'
Preferred stock, $0.01 par value, 10,000,000 shares authorized, none issued and outstanding	0	0
Common stock, $0.01 par value, 490,000,000 shares authorized, 211,026,672 and 29,943,549 shares issued and outstanding, respectively	2,110	299
Capital in excess of par value	1,850,702	264,341
Accumulated distributions in excess of earnings	-108,588	-19,125
Accumulated other comprehensive loss	-2,252	0
Total stockholders’ equity	1,741,972	245,515
Total liabilities and stockholders’ equity	$2,551,649	$542,200

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, except Share data, unless otherwise specified
Statement of Financial Position [Abstract]	'	'
Accumulated depreciation of building and improvements	$23,377	$1,744
Accumulated amortization of intangible lease assets	14,498	907
Allowance for doubtful accounts	50	0
Accumulated amortization of deferred financing costs	3,580	524
Accumulated amortization of acquired below market lease intangible	$2,237	$109
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	$0.01
Common stock, shares authorized	490,000,000	490,000,000
Common stock, shares issued	211,026,672	29,943,549
Common stock, shares outstanding	211,026,672	29,943,549

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
Revenues:	'	'
Rental and other property income	$90,680	$7,303
Tenant reimbursement income	11,877	534
Total revenue	102,557	7,837
Expenses:	'	'
General and administrative expenses	7,566	1,503
Property operating expenses	13,507	553
Advisory fees and expenses	10,549	812
Acquisition related expenses	48,286	14,371
Depreciation	21,633	1,743
Amortization	11,712	871
Total operating expenses	113,253	19,853
Operating loss	-10,696	-12,016
Other expense:	'	'
Interest expense and other	-22,184	-1,728
Total other expense	-22,184	-1,728
Net loss	($32,880)	($13,744)
Weighted average number of common shares outstanding:	'	'
Basic and diluted (shares)	90,330,927	8,578,494
Net loss per common share:	'	'
Basic and diluted (in dollars per share)	($0.36)	($1.60)

Consolidated_Statement_of_Comp

Consolidated Statement of Comprehensive Income (USD $)	3 Months Ended								12 Months Ended
In Thousands, 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
Statement of Comprehensive Income [Abstract]	'	'	'	'	'	'	'	'	'	'	'
Net loss	($10,828)	($6,588)	($11,669)	($3,795)	($8,858)	($2,732)	($2,119)	($35)	($32,880)	($13,744)	$0
Other comprehensive loss:	'	'	'	'	'	'	'	'	'	'	'
Unrealized loss on interest rate swaps	'	'	'	'	'	'	'	'	-2,252	0	0
Total comprehensive loss	'	'	'	'	'	'	'	'	($35,132)	($13,744)	'

Consolidated_Statements_of_Sto

Consolidated Statements of Stockholder's Equity (USD $)	Total	Common Stock	Capital in Excess of Par Value	Accumulated Distributions in Excess of Earnings	Accumulated Other Comprehensive Loss
In Thousands, except Share data, unless otherwise specified
Balance at Aug. 11, 2010	'	'	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'
Issuance of common stock, shares	'	20,000	'	'	'
Balance at Dec. 31, 2013	'	$2,110	'	'	'
Balance, shares at Dec. 31, 2013	'	211,026,672	'	'	'
Balance at Dec. 31, 2011	200	0	200	0	0
Balance, shares at Dec. 31, 2011	'	20,000	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'
Issuance of common stock, shares	'	29,923,549	'	'	'
Issuance of common stock	298,438	299	298,139	'	'
Distributions to investors	-5,381	'	'	-5,381	'
Commissions on stock sales and related dealer manager fees	-26,051	'	-26,051	'	'
Other offering costs	-5,983	'	-5,983	'	'
Changes in redeemable common stock	-1,964	'	-1,964	'	'
Comprehensive loss	-13,744	'	'	-13,744	'
Balance at Dec. 31, 2012	245,515	299	264,341	-19,125	0
Balance, shares at Dec. 31, 2012	29,943,549	29,943,549	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'
Issuance of common stock, shares	'	181,205,760	'	'	'
Issuance of common stock	1,807,820	1,811	1,806,009	'	'
Distributions to investors	-56,583	'	'	-56,583	'
Commissions on stock sales and related dealer manager fees	-157,767	'	-157,767	'	'
Other offering costs	-36,179	'	-36,179	'	'
Redemptions of common stock, shares	'	-122,637	'	'	'
Redemptions of common stock	-1,182	'	-1,182	'	'
Changes in redeemable common stock	-24,520	'	-24,520	'	'
Comprehensive loss	-35,132	'	'	-32,880	-2,252
Balance at Dec. 31, 2013	$1,741,972	$2,110	$1,850,702	($108,588)	($2,252)
Balance, shares at Dec. 31, 2013	211,026,672	211,026,672	'	'	'

Consolidated_Statements_of_Cas

Consolidated Statements 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	($32,880)	($13,744)	$0
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:	'	'	'
Depreciation	21,633	1,743	0
Amortization of intangible lease assets and below market lease intangible, net	11,523	797	0
Amortization of deferred financing costs	3,056	524	0
Bad debt expense	59	0	0
Equity in income of unconsolidated joint venture	-324	0	0
Return on investment from unconsolidated joint venture	130	0	0
Changes in assets and liabilities:	'	'	'
Rents and tenant receivables	-13,034	-1,465	0
Prepaid expenses and other assets	-730	-1,142	0
Accounts payable and accrued expenses	8,688	2,227	0
Deferred rental income and other liabilities	7,369	1,848	0
Due to affiliates	2,080	495	0
Net cash provided by (used in) operating activities	7,570	-8,717	0
Cash flows from investing activities:	'	'	'
Investment in real estate assets and capital expenditures	-1,667,832	-510,700	0
Investment in unconsolidated joint venture	-18,930	0	0
Payment of property escrow deposits	-28,978	0	0
Refund of property escrow deposits	20,453	0	0
Change in restricted cash	-7,670	-523	0
Net cash used in investing activities	-1,702,957	-511,223	0
Cash flows from financing activities:	'	'	'
Proceeds from issuance of common stock	1,782,118	296,474	0
Redemptions of common stock	-1,182	0	0
Offering costs on issuance of common stock	-190,670	-30,373	0
Distributions to investors	-21,768	-1,961	0
Proceeds from borrowing facilities and notes payable	970,842	316,054	0
Repayments of borrowing facilities	-548,490	-41,460	0
Proceeds from affiliate line of credit	0	11,700	0
Repayments of affiliate line of credit	0	-11,700	0
Payment of loan deposits	-1,406	-50	0
Refund of loan deposits	861	50	0
Change in escrowed investor proceeds	4,624	523	0
Deferred financing costs paid	-12,408	-5,616	0
Other financing activities	-455	-6	0
Net cash provided by financing activities	1,982,066	533,635	0
Net increase in cash and cash equivalents	286,679	13,695	0
Cash and cash equivalents, beginning of period	13,895	200	200
Cash and cash equivalents, end of period	$300,574	$13,895	$200

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 Credit Property Trust IV, Inc. (the “Company”) is a Maryland corporation that was formed on July 27, 2010, , our date of inception, which has elected to be taxed, and currently qualifies, as a real estate investment trust (“REIT”) for federal income tax purposes. The Company is the sole general partner of and owns, directly or indirectly, 100% of the partnership interest in Cole Operating Partnership IV, LP, a Delaware limited partnership (“CCPT IV OP”). The Company is externally managed by Cole REIT Advisors IV, LLC (“CR IV Advisors”), which was, prior to the ARCP Merger (as defined below), 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, CR IV 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™, as discussed in Note 17.
	On January 26, 2012, pursuant to a Registration Statement on Form S-11 (Registration No. 333-169533) filed under the Securities Act of 1933, as amended, the Company commenced its initial public offering on a “best efforts” basis of up to a maximum of $2.975 billion in shares of common stock. Subsequent to December 31, 2013, the Company reallocated shares between its primary offering and its distribution reinvestment plan (the “DRIP”). As a result of this reallocation, the initial public offering offers up to a maximum of approximately 292.3 million shares of its common stock at a price of $10.00 per share, subject to reduction in certain circumstances, and up to approximately 5.5 million additional shares to be issued pursuant to the DRIP under which the Company’s stockholders may elect to have distributions reinvested in additional shares of common stock at a price of $9.50 per share (the “Offering”). As of December 31, 2013, the Company had issued approximately 211.1 million shares of its common stock in the Offering for gross offering proceeds of $2.1 billion before offering costs and selling commissions of $226.0 million.
	As of February 25, 2014, the Company no longer accepted subscription agreements in connection with the Offering because it had received subscription agreements that allowed it to reach the maximum primary offering; however, subscription agreements received prior to the time at which the Company reaches the maximum primary offering amount, but not in good order, or subscription agreements that require additional information or are not fully funded, will be subject to review and will be processed only if shares are available. As of March 25, 2014, the Company had accepted investors’ subscriptions for, and issued, a total of approximately 292.3 shares of common stock in its primary offering and approximately 5.1 million shares of common stock pursuant to the DRIP. After the Company reaches the maximum primary offering amount, the Company intends to deregister all remaining unsold shares from the Offering.
	In addition, the Company registered 26.0 million shares of common stock under the DRIP pursuant to a registration statement filed on Form S-3 (the “DRIP Offering” and collectively with the Offering, the “Offerings”), which was filed with the Securities and Exchange Commission (the “SEC”) on December 19, 2013 and automatically became effective with the SEC upon filing. The Company will continue to issue shares of common stock under the DRIP Offering.
	As of December 31, 2013, the Company owned 337 properties, comprising 10.8 million rentable square feet of commercial space located in 38 states. As of December 31, 2013, the rentable space at these properties was 99% leased. In addition, through an unconsolidated joint venture arrangement, as of December 31, 2013, the Company had an interest in one property comprising 176,000 rentable square feet of commercial space.

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. Certain prior year balances have been combined in the consolidated statements of operations and statements of cash flows. The Company was formed on July 27, 2010 but did not commence principal operations until April 13, 2012. Therefore, the Company had no activity during the year ended December 31, 2011.
	The Company evaluates its relationships and investments to determine if it has variable interests. A variable interest is an investment or other interest that will absorb portions of an entity’s expected losses or receive portions of the entity’s expected residual returns.  If the Company determines that it has a variable interest in an entity, it evaluates whether such interest is in a variable interest entity (“VIE”). A VIE is broadly defined as an entity where either (1) the equity investors as a group, if any, lack the power through voting or similar rights to direct the activities of an entity that most significantly impact the entity’s economic performance or (2) the equity investment at risk is insufficient to finance that entity’s activities without additional subordinated financial support. The Company consolidates any VIEs when it is determined to be the primary beneficiary of the VIE’s operations.
	A variable interest holder is considered to be the primary beneficiary of a VIE if it has the power to direct the activities of a VIE that most significantly impact the entity’s economic performance and has the obligation to absorb losses of, or the right to receive benefits from, the entity that could potentially be significant to the VIE. The Company qualitatively assesses whether it is (or is not) the primary beneficiary of a VIE. Consideration of various factors include, but are not limited to, the Company’s ability to direct the activities that most significantly impact the entity’s economic performance, its form of ownership interest, its representation on the entity’s governing body, the size and seniority of its investment, its ability and the rights of other investors to participate in policy making decisions and to replace the manager of and/or liquidate the entity.
	The Company continually evaluates the need to consolidate its joint venture arrangement based on standards set forth in GAAP. In determining whether the Company has a controlling interest in a joint venture arrangement and the requirement to consolidate the accounts of that entity, management considers factors such as ownership interest, power to make decisions and contractual and substantive participating rights of the partners/members as well as whether the entity is a VIE for which the Company may be the primary beneficiary. As of December 31, 2013, the Company is not required to consolidate its joint venture arrangement as the joint venture entity does not qualify as a VIE and the Company does not meet the control requirement for consolidation. There were no joint venture arrangements as of December 31, 2012.
	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 Assets
	Real estate assets are stated at cost, less accumulated depreciation and amortization. Amounts capitalized to real estate 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 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 assets, other than land, are depreciated or amortized on a straight-line basis. The estimated useful lives of the Company’s real estate 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 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 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 and 2012.
	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 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 and 2012.
	Allocation of Purchase Price of Real Estate 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 has acquired, and may continue to acquire, certain properties subject to contingent consideration arrangements that may obligate the Company to pay additional consideration to the seller based on the outcome of future events (the “Contingent Payments”). Additionally, the Company may acquire certain properties for which it funds certain contingent consideration amounts into an escrow account pending the outcome of certain future events. The outcome may result in the release of all or a portion of the escrow funds to the Company or the seller or a combination thereof. Contingent consideration arrangements are based on a predetermined formula and have set time periods regarding the obligation to make future payments, including funds released to the seller from escrow accounts, or the right to receive escrowed funds as set forth in the respective purchase and sale agreement. Contingent consideration arrangements, including amounts funded through an escrow account, are recorded upon acquisition of the respective property at their estimated fair value, and any changes to the estimated fair value, subsequent to acquisition, are reflected in the accompanying consolidated statements of operations. The determination of the amount of contingent consideration arrangements is based on the probability of several possible outcomes as identified by management. The amounts recorded are carried at fair value, with any changes in fair value included in net income.
	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 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 Unconsolidated Joint Ventures
	The Company accounts for unconsolidated joint venture arrangements using the equity method of accounting as the Company has the ability to exercise significant influence, but not control, over operating and financial policies of these investments. The equity method of accounting requires the investment to be initially recorded at cost and subsequently adjusted for the Company’s share of equity in the joint ventures’ earnings and distributions. The Company is required to determine whether an event or change in circumstances has occurred that may have a significant adverse effect on the fair value of its investment in the joint venture. If an event or change in circumstance has occurred, the Company is required to evaluate the joint venture for potential impairment and determine if the carrying amount of its investment exceeds its fair value. An impairment charge is recorded when an impairment is deemed to be other-than-temporary. To determine whether an impairment is other-than-temporary, the Company considers whether it has the ability and intent to hold the investment until the carrying amount is fully recovered. The evaluation of an investment in a joint venture for potential impairment requires the Company’s management to exercise significant judgment and to make certain assumptions. The use of different judgments and assumptions could result in different conclusions. No impairment indicators were identified and no impairment losses were recorded related to the Company’s unconsolidated joint venture arrangement during the year ended December 31, 2013. The Company did not own any interests in joint venture arrangements during the year ended December 31, 2012.
	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 was $5.1 million and $523,000 of escrowed investor proceeds for which shares of common stock had not been issued as of December 31, 2013 and 2012, respectively. In addition, the Company had $2.6 million held by lenders in lockbox accounts, as of December 31, 2013. As part of certain debt agreements, rents from certain encumbered properties are deposited directly into a lockbox account, from which the monthly debt service payment is disbursed to the lender and the excess is disbursed to the Company. Also included in restricted cash as of December 31, 2013 was $513,000 held by lenders in escrow accounts for real estate taxes and other lender reserves for certain properties, in accordance with the respective lender’s loan agreement. There were no amounts held by lenders as of 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.
	Prepaid Expenses
	Prepaid expenses 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 $3.1 million and $524,000 for the years ended December 31, 2013 and 2012, respectively, and was included in interest expense in the consolidated statements of operations.
	Concentration of Credit Risk
	As of December 31, 2013, the Company had cash on deposit, including restricted cash, at nine financial institutions, in six of which the Company had deposits in excess of federally insured levels totaling $307.2 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. The Company had certain geographic concentrations in its property holdings. In particular, as of December 31, 2013, 45 of the Company’s properties were located in Texas and five were located in California, which accounted for 13% and 12%, respectively, of the Company’s 2013 gross annualized rental revenues. In addition, the Company had tenants in the drugstore and discount store industries, which comprised 13% and 12%, respectively, of the Company’s 2013 gross annualized rental revenues.
	Offering and Related Costs
	CR IV Advisors funds all of the organization and offering costs on the Company’s behalf (excluding selling commissions and dealer manager fees) and may be reimbursed for such costs up to 2.0% of gross proceeds from the Offering. As of December 31, 2013, CR IV Advisors had paid organization and offering costs in excess of the 2.0% 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 2.0% of gross proceeds from the Offering. As a result of additional proceeds raised from the Offering in 2014, these excess costs may become payable. When recorded by the Company, organization costs are expensed as incurred and offering costs, which include items such as legal and accounting fees, marketing and personnel, promotional and printing costs, are recorded as a reduction of capital in excess of par value along with selling commissions and dealer manager fees in the period in which they become payable.
	Due to Affiliates
	Certain affiliates of CR IV Advisors received, and will continue to receive fees, reimbursements and compensation in connection with services provided relating to the Offering and the acquisition, management, financing and leasing of the properties of the Company.
	Derivative Instruments and Hedging Activities
	The Company accounts for its derivative instruments at fair value. Accounting for changes in the fair value of a derivative instrument depends on the intended use of the derivative instrument and the designation of the derivative instrument. The change in fair value of the effective portion of the derivative instrument that is designated as a hedge is recorded as other comprehensive income (loss). The changes in fair value for derivative instruments that are not designated as a hedge or that do not meet the hedge accounting criteria are recorded as a gain or loss to operations.
	Redeemable Common Stock
	Under the Company’s share redemption program, the Company’s requirement to redeem shares of its outstanding common stock is limited, among other things, to the net proceeds received by the Company from the sale of shares under the DRIP, net of shares redeemed to date. 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. Changes in the amount of redeemable common stock from period to period are recorded as an adjustment to capital in excess of par value.
	Interest
	Interest is charged to interest expense as it accrues. No interest costs were capitalized during the years ended December 31, 2013 and 2012.
	Distributions Payable and Distribution Policy
	In order to maintain its status as a REIT, the Company is required to, among other things, make distributions each taxable year equal to at least 90% of its taxable income (computed without regard to the dividends paid deduction and excluding net capital gains). To the extent that funds are available, the Company intends to pay regular distributions to stockholders. Distributions are paid to stockholders of record as of applicable record dates.
	The Company’s board of directors authorized a daily distribution, based on 365 days in the calendar year, of $0.001712523 per share (which equates to 6.25% on an annualized basis calculated at the current rate, assuming a $10.00 per share purchase price) for stockholders of record as of the close of business on each day of the period commencing on January 1, 2013 and ending on December 31, 2013. As of December 31, 2013, the Company had distributions payable of $10.6 million.
	Reportable Segments
	The Company’s operating segment consists of commercial properties, which include activities related to investing in real estate such as retail, office and distribution properties and other real estate related assets. 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 one reportable segment.
	Revenue Recognition
	Certain properties have leases where minimum rental payments increase during the term of the lease. The Company records rental income 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 purpose 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.
	Earnings (Loss) Per Share
	Earnings (loss) per share are calculated based on the weighted average number of common shares outstanding during each period presented. Diluted income (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 and 2012.
	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 Company will generally not be subject to federal corporate income tax to the extent it distributes its taxable income to its stockholders, and so long as it, among other things, distributes at least 90% of its annual taxable income (computed without regard to the dividends paid deduction and excluding net capital gains). REITs are subject to a number of other organizational and operational requirements. Even if the Company maintains its qualification for taxation as a REIT, it or its subsidiaries may be subject to certain state and local taxes on its income and property, and federal income and excise taxes on its undistributed income.
	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 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 and restricted cash – The Company considers the carrying values of these financial assets to approximate fair value because of the short period of time between their origination and their expected realization.
	Notes payable and credit facility – 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. As of December 31, 2013, the estimated fair value of the Company’s debt was $682.1 million compared to the carrying value of $696.9 million. The estimated fair value of the Company’s debt was $274.6 million as of December 31, 2012, which approximated the carrying value on such date. The fair value of the Company’s debt is estimated using Level 2 inputs.
	Derivative instruments – The Company’s derivative instruments represent interest rate swaps. All derivative instruments are carried at fair value and are valued using Level 2 inputs. The fair value of these instruments is determined using interest rate market pricing models. The Company includes the impact of credit valuation adjustments on derivative instruments measured at fair value.
	Contingent consideration arrangements – The contingent consideration arrangements are carried at fair value and are valued using Level 3 inputs. The fair value of the Contingent Payments is determined based on the estimated timing and probability of successfully leasing vacant space subsequent to the Company’s acquisition of certain properties. During the year ended December 31, 2013, the Company recorded additional obligations with an aggregate estimated fair value of $553,000 upon purchase of certain properties. The total estimated fair value of contingent consideration arrangements was $784,000 and $708,000 as of December 31, 2013 and 2012, respectively, and is included in the accompanying consolidated balance sheets in deferred rental income and other liabilities. In addition, during the year ended December 31, 2013, the fair value of the outstanding contingent consideration arrangements had a net decrease of $22,000, which resulted in additional income that is recorded in the accompanying consolidated statements of operations. The Company also paid an aggregate of $455,000 to multiple sellers as certain of the Contingent Payments were satisfied.
	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 and 2012, there have been no transfers of financial assets or liabilities between fair value hierarchy levels.
	In accordance with the fair value hierarchy described above, the following tables show the fair value of the Company’s financial liabilities that are required to be measured at fair value on a recurring basis as of December 31, 2013 and 2012 (in thousands):
		Balance as of			Quoted Prices in		Significant Other			Significant
		31-Dec-13			Active Markets for		Observable Inputs			Unobservable
					Identical Assets		(Level 2)			Inputs
					(Level 1)					(Level 3)
	Liabilities:
	Interest rate swaps	$	(2,252	)	$	—	$	(2,252	)	$	—
	Contingent consideration	(784		)	—		—			(784		)
	Total liabilities	$	(3,036	)	$	—	$	(2,252	)	$	(784	)
		Balance as of			Quoted Prices in		Significant Other			Significant
		December 31, 2012			Active  Markets for		Observable  Inputs			Unobservable
					Identical Assets		(Level 2)			Inputs
					(Level 1)					(Level 3)
	Liabilities:
	Contingent consideration	$	(708	)	$	—	$	—		$	(708	)

Real_Estate_Acquisitions

Real Estate Acquisitions	12 Months Ended
	Dec. 31, 2013
Business Combinations [Abstract]	'
REAL ESTATE ACQUISITIONS	'
	REAL ESTATE ACQUISITIONS
	2013 Property Acquisitions
	During the year ended December 31, 2013, the Company acquired 248 commercial properties for an aggregate purchase price of $1.7 billion (the “2013 Acquisitions”). The Company purchased the 2013 Acquisitions with net proceeds from the Offering and available borrowings. 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	$	390,781
	Building and improvements		1,103,390
	Acquired in-place leases		175,520
	Acquired above market leases		26,921
	Acquired below market leases		(31,802	)
	Total purchase price	$	1,664,810
	The Company recorded revenue for the year ended December 31, 2013 of $60.4 million and a net loss for the year ended December 31, 2013 of $25.7 million related to the 2013 Acquisitions.
	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 (loss), on a pro forma basis, for the years ended December 31, 2013 and 2012 (in thousands):
		Year Ended December 31,
		2013			2012
	Pro forma basis (unaudited):
	Revenue	$	181,859		$	147,515
	Net income (loss)	$	44,490		$	(30,842	)
	The unaudited pro forma information for the year ended December 31, 2013 was adjusted to exclude $48.3 million of acquisition related expenses recorded during the year ended December 31, 2013. 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 2012, nor does it purport to represent the results of future operations.
	2013 Investment in Unconsolidated Joint Venture
	During the year ended December 31, 2013, the Company acquired an interest in an unconsolidated joint venture arrangement for $18.9 million (the “Unconsolidated Joint Venture”).
	2012 Property Acquisitions
	During the year ended December 31, 2012, the Company acquired 89 commercial properties for an aggregate purchase price of $514.7 million (the “2012 Acquisitions”). The Company purchased the 2012 Acquisitions with net proceeds from the Offering and available borrowings. 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, 2012
	Land	$	146,873
	Building and improvements		317,553
	Acquired in-place leases		54,958
	Acquired above market leases		3,237
	Acquired below market leases		(7,919	)
	Total purchase price	$	514,702
	The Company recorded revenue for the year ended December 31, 2012 of $7.8 million and a net loss for the year ended December 31, 2012 of $13.7 million related to 2012 Acquisitions.
	The following information summarizes selected financial information of the Company as if all of the 2012 Acquisitions were 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 December 31,
		2012			2011
	Pro forma basis (unaudited):
	Revenue	$	45,096		$	45,096
	Net income	$	18,510		$	4,217
	The unaudited pro forma information for the year ended December 31, 2012 was adjusted to exclude $14.4 million of acquisition related expenses recorded during the year ended December 31, 2012. 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 2011, 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 $12,523 and
		$871, respectively (with a weighted average life remaining of 13.4 years and
		15.7 years, respectively)		$	218,407		$	54,087
	Acquired above market leases, net of accumulated amortization of $1,975 and
		$36, respectively (with a weighted average life remaining of 11.4 years and
		17.1 years, respectively)		28,194			3,201
				$	246,601		$	57,288
	Amortization expense related to the in place lease assets for the years ended December 31, 2013 and 2012, was $11.7 million and $871,000, respectively. Amortization expense related to the acquired above market lease assets for the years ended December 31, 2013 and 2012, was $1.9 million and $36,000, respectively and was recorded as a reduction to rental and other property income in the consolidated statements of operations.
	Estimated amortization expense related to the intangible lease assets as of December 31, 2013 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		$	21,795		$	3,567
	2015		$	20,601		$	3,411
	2016		$	19,348		$	3,249
	2017		$	18,763		$	3,139
	2018		$	17,457		$	2,485

Derivative_Instruments_and_Hed

Derivative Instruments and Hedging Activities (Notes)

12 Months Ended

Dec. 31, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

'

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

'

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

In the normal course of business, the Company uses certain types of derivative instruments for the purpose of managing or hedging its interest rate risks. The following table summarizes the terms of the Company’s executed swap agreements designated as hedging instruments as of December 31, 2013 (in thousands). The Company did not have any executed swap agreements as of December 31, 2012.

Outstanding Notional

Fair Value of Liabilities

Balance Sheet

Amount as of

Interest

Effective

Maturity

December 31,

December 31,

Location

31-Dec-13

Rates (1)

Dates

Dates

2013

2012

Interest Rate Swaps

Deferred rental income and other liabilities

$

338,737

3.36% to 4.75%

6/24/2013 to 8/23/2013

6/24/2018 to 8/24/2020

$

(2,252

)

$

—

-1

The interest rates consist of the underlying index swapped to a fixed rate and the applicable interest rate spread.

Additional disclosures related to the fair value of the Company’s derivative instruments are included in Note 3. The notional amount under the interest rate swap agreements is an indication of the extent of the Company’s involvement in each instrument, but does not represent exposure to credit, interest rate or market risks.

Accounting for changes in the fair value of a derivative instrument depends on the intended use and designation of the derivative instrument. The Company designated the interest rate swaps as cash flow hedges, to hedge the variability of the anticipated cash flows on its variable rate debt. The change in fair value of the effective portion of the derivative instruments that is designated as hedges are recorded in other comprehensive income (loss). Any ineffective portion of the change in fair value of the derivative instruments is recorded in interest expense.

The following table summarizes the unrealized losses on the Company’s derivative instruments and hedging activities during the year ended December 31, 2013 (in thousands). The Company did not own any derivative instruments during the year ended December 31, 2012.

Amount of Loss Recognized in Other

Comprehensive Loss

Year Ended December 31,

Derivatives in Cash Flow Hedging Relationships

2013

2012

Interest Rate Swaps (1)

$

(2,252

)

$

—

-1

There were no portions of the change in the fair value of the interest rate swap agreements that were considered

ineffective during the year ended December 31, 2013. No previously effective portions of the losses

that were recorded in accumulated other comprehensive loss during the term of the hedging relationships were

reclassified into earnings during the year ended December 31, 2013.

The Company has agreements with each of its derivative counterparties that contain a provision whereby if the Company defaults on certain of its unsecured indebtedness, then the Company could also be declared in default on its derivative obligations resulting in an acceleration of payment. In addition, the Company is exposed to credit risk in the event of non-performance by its derivative counterparties. The Company believes it mitigates its credit risk by entering into agreements with creditworthy counterparties. The Company records credit risk valuation adjustments on its interest rate swaps based on the respective credit quality of the Company and the counterparty. During the year ended December 31, 2013, there were no termination events or events of default related to the interest rate swaps.

Notes_Payable_And_Credit_Facil

Notes Payable And Credit Facility	12 Months Ended
	Dec. 31, 2013
Debt Disclosure [Abstract]	'
NOTES PAYABLE AND CREDIT FACILITY	'
	NOTES PAYABLE AND CREDIT FACILITY
	As of December 31, 2013, the Company had $696.9 million of debt outstanding, with a weighted average years to maturity of 7.1 years and weighted average interest rate of 3.7%. The following table summarizes the debt balances as of December 31, 2013 and 2012, and the debt activity for the year ended December 31, 2013 (in thousands):
		Balance as of			During the Year Ended December 31, 2013					Balance as of
		December 31, 2012			Debt Issuance		Repayments			31-Dec-13
	Fixed rate debt	$	75,000		$	321,946	$	—		$	396,946
	Credit facility	136,868			438,705		(275,573		)	300,000
	Bridge facility	62,726			210,191		(272,917		)	—
	Total	$	274,594		$	970,842	$	(548,490	)	$	696,946
	As of December 31, 2013, the fixed rate debt outstanding of $396.9 million included $38.7 million of variable rate debt subject to interest rate swap agreements, which had the effect of fixing the variable interest rates per annum through the maturity date of the variable rate debt. The fixed rate debt has interest rates ranging from 3.35% to 4.75% per annum. The debt outstanding matures on various dates from June 2018 through December 2023. The aggregate balance of gross real estate assets, net of gross intangible lease liabilities, securing the fixed rate debt outstanding was $682.4 million as of December 31, 2013. Each of the mortgage notes payable comprising the fixed rate debt is secured by the respective properties on which the debt was placed. Certain notes payable contain covenants, representations, warranties and borrowing conditions customary for similar credit arrangements. These notes also include usual and customary events of default and remedies for agreements of this nature. Based on the Company’s analysis and review of its results of operations and financial condition, the Company believes it was in compliance with the covenants of such notes payable as of December 31, 2013.
	During the year ended December 31, 2013, the Company entered into an amended and restated unsecured credit agreement (the “Amended and Restated Credit Agreement”) with JPMorgan Chase Bank, N.A., as administrative agent, which increased available borrowings, extended the term and decreased the interest rates associated with the Company’s original credit agreement. As of December 31, 2013, the Company had $300.0 million outstanding under the amended and restated unsecured credit facility (the “Credit Facility”) and $529.6 million available for borrowing based on the underlying collateral pool of $1.3 billion. The Credit Facility provides borrowings of up to $900.0 million, which includes a $300.0 million unsecured term loan (the “Term Loan”) and up to $600.0 million in unsecured revolving loans (the “Revolving Loans”). The Credit Facility may be increased up to a maximum of $1.25 billion. The Term Loan matures on August 15, 2018 and the Revolving Loans mature on August 15, 2017; however, the Company may elect to extend the maturity date for the Revolving Loans to August 15, 2018 subject to satisfying certain conditions set forth in the Amended and Restated Credit Agreement. Depending upon the type of loan specified and overall leverage ratio, not to exceed 65% (or 60% on or subsequent to August 15, 2014), the Revolving Loans bear interest at one-month, two-month, three-month or six-month LIBOR multiplied by the statutory reserve rate (the “Eurodollar Rate”) plus an interest rate spread ranging from 1.65% to 2.50% (the “Spread”) or a base rate, ranging from 0.65% to 1.50%, plus the greater of (a) JPMorgan Chase’s Prime Rate; (b) the Federal Funds Effective Rate (as defined in the Amended and Restated Credit Agreement) plus 0.50%; or Eurodollar Rate plus 1.00%. The Company executed a swap agreement associated with the Term Loan, which had the effect of fixing the variable interest rate per annum on August 15, 2013 through the maturity date of the loan at 1.713% (the “Swap Rate”). The Term Loan bears interest at the Swap Rate plus the Spread, which totaled 3.36% as of December 31, 2013 based on the Company’s leverage ratio. There were no amounts outstanding under the Revolving Loans as of December 31, 2013. The Amended and Restated Credit Agreement contains provisions with respect to covenants, events of default and remedies customary for facilities of this nature and borrowing conditions. In particular, the Amended and Restated Credit Agreement requires the Company to maintain a minimum consolidated net worth of at least $1.3 billion as of December 31, 2013, a leverage ratio greater than 65% prior to August 15, 2014 and 60% from and after August 15, 2014, a fixed charge coverage ratio equal to or less than 1.50, an unsecured debt to unencumbered asset value ratio greater than 65% prior to August 15, 2014 and 60% from and after August 15, 2014, an unsecured debt service coverage ratio equal to or less than 1.75 and a secured debt ratio greater than 50% prior to August 15, 2014, 45% from and after August 15, 2014, but prior to August 15, 2016 and 40% from and after August 15, 2016. The Company believes it was in compliance with the covenants under the Amended and Restated Credit Agreement as of December 31, 2013.
	Concurrently with entry into the Amended and Restated Credit Agreement, the unsecured bridge facility (the “Bridge Facility”) was terminated and no amounts were outstanding under the Bridge Facility as of December 31, 2013.
	In addition, the Company had a $10.0 million subordinate revolving line of credit with Series C, LLC, an affiliate of CR IV Advisors (“Series C”), (the “Series C Loan”) that matured on April 12, 2013. The Series C Loan had a fixed interest rate of 4.50%. The Series C Loan was approved by a majority of the Company’s board of directors (including a majority of the independent directors) not otherwise interested in the transaction as being fair, competitive and commercially reasonable and no less favorable to the Company than a comparable loan between unaffiliated parties under the same circumstances. Upon maturity, there were no amounts outstanding on the Series C Loan.
	The following table summarizes the scheduled aggregate principal repayments for the Company’s outstanding debt as of December 31, 2013 for each of the five succeeding fiscal years and the period thereafter (in thousands):
	Year Ending December 31,		Principal Repayments
	2014		$	—
	2015		—
	2016		—
	2017		—
	2018		323,737
	Thereafter		373,209
	Total		$	696,946

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 $2,237
		and $109, respectively (with a weighted average life remaining of 11.6 years
		and 16.1 years, respectively)		$	37,485	$	7,810
	Amortization of the intangible lease liabilities during the years ended December 31, 2013 and 2012, was $2.1 million and $109,000, respectively, and was recorded as an addition to rental and other property income in the consolidated statements of operations.
	Estimated amortization of the intangible lease liabilities as of December 31, 2013 for each of the five succeeding fiscal years is as follows (in thousands):
	Year Ending December 31,		Amortization of Below Market Leases
	2014		$	4,091
	2015		$	3,945
	2016		$	3,823
	2017		$	3,756
	2018		$	3,611

Supplemental_Cash_Flow_Disclos

Supplemental Cash Flow Disclosures	12 Months Ended
	Dec. 31, 2013
Supplemental Cash Flow Elements [Abstract]	'
SUPPLEMENTAL CASH FLOW DISCLOSURES	'
	SUPPLEMENTAL CASH FLOW DISCLOSURES
	Supplemental cash flow disclosures for the years ended December 31, 2013, 2012 and 2011 are as follows (in thousands):
		Year Ended December 31,
		2013			2012		2011
	Supplemental Disclosures of Non-Cash Investing and Financing Activities:
	Distributions declared and unpaid	$	10,569		$	1,456	$	—
	Accrued other offering costs due to affiliates	$	4,937		$	1,661	$	—
	Accrued capital expenditures	$	1,760		$	2,815	$	—
	Common stock issued through distribution reinvestment plan	$	25,702		$	1,964	$	—
	Net unrealized loss on interest rate swaps	$	(2,252	)	$	—	$	—
	Contingent consideration recorded upon property acquisitions	$	553		$	708	$	—
	Fair value of assumed bond obligations	$	—		$	591	$	—
	Supplemental Cash Flow Disclosures:
	Interest paid	$	17,474		$	783	$	—

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.
	Purchase Commitments
	As of December 31, 2013, the Company had entered into purchase agreements with unaffiliated third-party sellers to acquire a 100% interest in 90 retail properties, subject to meeting certain criteria, for an aggregate purchase price of $257.4 million, exclusive of closing costs. As of December 31, 2013, the Company had $8.5 million of property escrow deposits held by escrow agents in connection with these future property acquisitions, of which $7.0 million will be forfeited if the transactions are not completed under certain circumstances. In connection with one of these purchase and sale agreements, the Company is contractually obligated to purchase 25 properties, of which the Company had purchased five properties as of December 31, 2013 and expects to purchase the remaining 20 properties. If the remaining 20 properties are not purchased, the Company will be obligated to pay the seller $10.0 million. These deposits are included in the consolidated balance sheets in property escrow deposits, prepaid expenses and other assets. As of March 25, 2014, none of these escrow deposits had been forfeited.
	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, commissions, fees and expenses payable to CR IV Advisors and certain of its affiliates in connection with the Offerings, and the acquisition, management and disposition of its assets.
	Offering
	In connection with the Offering, CCC, the Company’s dealer manager, receives a commission of up to 7.0% of gross offering proceeds before reallowance of commissions earned by participating broker-dealers. CCC has reallowed and intends to continue to reallow 100% of selling commissions earned to participating broker-dealers. In addition, CCC receives up to 2.0% of gross offering proceeds before reallowance to participating broker-dealers as a dealer manager fee in connection with the Offering. CCC, in its sole discretion, may reallow all or a portion of its dealer manager fee to such participating broker-dealers. No selling commissions or dealer manager fees are paid to CCC or other broker-dealers with respect to shares sold pursuant to the DRIP.
	All other organization and offering expenses associated with the sale of the Company’s common stock (excluding selling commissions and the dealer manager fees) are paid by CR IV Advisors or its affiliates and are reimbursed by the Company up to 2.0% of aggregate gross offering proceeds. A portion of the other organization and offering expenses are considered to be underwriting compensation. As of December 31, 2013, CR IV Advisors had paid organization and offering costs in excess of the 2.0% 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 2.0% of gross proceeds from the Offering. As a result of additional proceeds raised from the Offering in 2014, these excess costs may become payable.
	The Company recorded commissions, fees and expense reimbursements as shown in the table below for services provided by CR IV Advisors or its affiliates related to the services described above during the periods indicated (in thousands):
		Year Ended December 31,
		2013		2012
	Offering:
	Selling commissions	$	122,082	$	20,107
	Selling commissions reallowed by CCC	$	122,082	$	20,107
	Dealer manager fees	$	35,685	$	5,944
	Dealer manager fees reallowed by CCC	$	20,183	$	3,104
	Other organization and offering expenses	$	36,179	$	5,983
	Of the amounts shown above, approximately $189.0 million and $30.3 million had been paid to CR IV Advisors and its affiliates and approximately $4.9 million and $1.7 million had been incurred, but not yet paid, for services provided by CR IV Advisors or its affiliates in connection with the offering stage of the Offering during the years ended December 31, 2013 and 2012, respectively, and is a liability to the Company. The Company did not incur any commissions, fees or expense reimbursements in connection with the offering stage of the Offering until April 13, 2012, when the Company commenced principal operations.
	Acquisitions and Operations
	CR IV Advisors or its affiliates also receive acquisition fees of up to 2.0% of: (1) the contract purchase price of each property or asset the Company acquires; (2) the amount paid in respect of the development, construction or improvement of each asset the Company acquires; (3) the purchase price of any loan the Company acquires; and (4) the principal amount of any loan the Company originates. Additionally, CR IV Advisors or its affiliates are reimbursed for acquisition related expenses incurred in the process of acquiring properties, so long as the total acquisition fees and expenses relating to the transaction do not exceed 6.0% of the contract purchase price.
	The Company pays CR IV Advisors a monthly advisory fee based upon the Company’s monthly average invested assets, which is equal to the following amounts: (1) an annualized rate of 0.75% will be paid on the Company’s average invested assets that are between $0 to $2.0 billion; (2) an annualized rate of 0.70% will be paid on the Company’s average invested assets that are between $2.0 billion to $4.0 billion; and (3) an annualized rate of 0.65% will be paid on the Company’s average invested assets that are over $4.0 billion.
	The Company reimburses CR IV Advisors for the 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) 2.0% of average invested assets, or (2) 25.0% 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. The Company will not reimburse for personnel costs in connection with services for which CR IV Advisors receives acquisition fees.
	The Company recorded fees and expense reimbursements as shown in the table below for services provided by CR IV Advisors or its affiliates related to the services described above during the periods indicated (in thousands):
		Year Ended December 31,
		2013		2012
	Acquisition and Operations:
	Acquisition fees and expenses	$	35,109	$	10,342
	Advisory fees and expenses	$	10,549	$	812
	Operating expenses	$	2,905	$	138
	Of the amounts shown above, approximately $46.0 million and $11.0 million had been paid to CR IV Advisors and its affiliates and approximately $2.6 million and $268,000 had been incurred, but not yet paid, for services provided by CR IV Advisors or its affiliates in connection with the acquisition and operations stage during the years ended December 31, 2013 and 2012, respectively, and is a liability to the Company. During the year ended December 31, 2012, the Company did not incur any advisory fees or operating expense reimbursements for certain months from April 13, 2012, when the Company commenced principal operations, through December 31, 2012 as CR IV Advisors agreed to waive its rights to these fees and expense reimbursements during such periods.
	Liquidation/Listing
	If CR IV Advisors or its affiliates provide a substantial amount of services (as determined by a majority of the Company’s independent directors) in connection with the sale of properties, the Company will pay CR IV Advisors or its affiliate a disposition fee in an amount equal to up to one-half of the brokerage commission paid on the sale of the property, not to exceed 1.0% of the contract price of the property sold; provided, however, in no event may the disposition fee paid to CR IV Advisors or its affiliates, when added to the real estate commissions paid to unaffiliated third parties, exceed the lesser of the customary competitive real estate commission or an amount equal to 6.0% of the contract sales price.
	If the Company is sold or its assets are liquidated, CR IV Advisors will be entitled to receive a subordinated performance fee equal to 15.0% of the net sale proceeds remaining after investors have received a return of their net capital invested and an 8.0% annual cumulative, non-compounded return. Alternatively, if the Company’s shares are listed on a national securities exchange, CR IV Advisors will be entitled to a subordinated performance fee equal to 15.0% of the amount by which the market value of the Company’s outstanding stock plus all distributions paid by the Company prior to listing, exceeds the sum of the total amount of capital raised from investors and the amount of distributions necessary to generate an 8.0% annual cumulative, non-compounded return to investors. As an additional alternative, upon termination of the advisory agreement, CR IV Advisors may be entitled to a subordinated performance fee similar to that to which CR IV Advisors would have been entitled had the portfolio been liquidated (based on an independent appraised value of the portfolio) on the date of termination.
	During each of the years ended December 31, 2013 and 2012, no commissions or fees were recorded for any services provided by CR IV Advisors and its affiliates in connection with the liquidation/listing stage.
	Due to Affiliates
	As of December 31, 2013 and 2012, $7.5 million and $2.2 million, respectively, had been incurred primarily for offering, advisory, operating and acquisition related expenses by CR IV Advisors or its affiliates, but had not yet been reimbursed by the Company and were included in due to affiliates in the consolidated balance sheets as of such periods.
	Transactions
	During the year ended December 31, 2013, the Company did not acquire any properties from or enter into any loan agreements with affiliates of CR IV Advisors. During the year ended December 31, 2012, the Company acquired 100% of the membership interests in two commercial properties from Series C for an aggregate purchase price of $4.3 million. A majority of the Company’s board of directors (including a majority of the Company’s independent directors) not otherwise interested in the transactions approved the acquisitions as being fair and reasonable to the Company and determined that the cost to the Company of each property was equal to the cost of the respective property to Series C (including acquisition related expenses). In addition, the purchase price of each property, exclusive of closing costs, was less than the then-current appraised value of the respective property as determined by an independent third party appraiser.
	In connection with the real estate assets acquired from Series C during the year ended December 31, 2012, the Company entered into the Series C Loan. Refer to Note 7 for the terms of the Series C Loan. The Series C Loan was repaid in full during the year ended December 31, 2012 with proceeds from the Offering. The Company paid $39,000 of interest to CR IV Advisors related to the Series C Loan during the year ended December 31, 2012.

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 CR IV 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 CR IV 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 and 2012, the Company was authorized to issue 490.0 million shares of common stock and 10.0 million shares of preferred stock. All shares of such stock have a par value of $0.01 per share. On August 11, 2010, the Company sold 20,000 shares of common stock, at $10.00 per share, to CHC. The Company’s board of directors may authorize additional shares of capital stock and amend their terms without obtaining shareholder approval. On April 5, 2013, the ownership of such shares was transferred to CREI. On February 7, 2014, the ownership of such shares was transferred to ARC Properties Operating Partnership, L.P. (“ARCP OP”). Pursuant to the Company’s charter, ARCP OP is prohibited from selling the 20,000 shares of the common stock that represents the initial investment in the Company for so long as Cole Capital remains the Company’s sponsor; provided, however, that ARCP OP may transfer ownership of all or a portion of these 20,000 shares of the Company’s common stock to other affiliates of the Company’s sponsor. See Note 17 for a further explanation of the merger.
	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 per share under the DRIP is $9.50 per share. The Company’s board of directors may terminate or amend the DRIP at the Company’s discretion at any time upon ten days prior written notice to the stockholders. During the year ended December 31, 2013, approximately 2.7 million shares were purchased under the DRIP for approximately $25.7 million, which were recorded as redeemable common stock on the consolidated balance sheets, net of redemptions paid of approximately $1.2 million. During the year ended December 31, 2012, approximately 207,000 shares were purchased under the DRIP for approximately $2.0 million, which were recorded as redeemable common stock on the consolidated balance sheets. There were no redemptions paid as of December 31, 2012.
	Share Redemption Program
	The Company’s share redemption program permits its stockholders to sell their shares back to the Company after they have held them for at least one year, subject to the significant conditions and limitations described below.
	The share redemption program provides that the Company will redeem shares of its common stock from requesting stockholders, subject to the terms and conditions of the share redemption program. The Company will limit the number of shares redeemed pursuant to the share redemption program as follows: (1) the Company will not redeem in excess of 5% of the weighted average number of shares outstanding during the trailing 12 months prior to the end of the fiscal quarter for which the redemptions are being paid; and (2) funding for the redemption of shares will be limited to the net proceeds the Company receives from the sale of shares under the DRIP. In an effort to accommodate redemption requests throughout the calendar year, the Company intends to limit quarterly redemptions to approximately 1.25% of the weighted average number of shares outstanding during the trailing 12 month period ending on the last day of the fiscal quarter, and funding for redemptions for each quarter generally will be limited to the net proceeds the Company receives from the sale of shares in the respective quarter under the DRIP.
	During the term of the Offering, and until such time as the board of directors determines a reasonable estimate of the value of the Company’s shares, the redemption price per share (other than for shares purchased pursuant to the DRIP) will depend on the price paid for the shares and the length of time the stockholder has held such shares as follows: after one year from the purchase date, 95% of the amount paid for each share; after two years from the purchase date, 97.5% of the amount paid for each share; and after three years from the purchase date, 100% of the amount paid for each share. During this time period, the redemption price for shares purchased pursuant to the DRIP will be the amount paid for such shares. (In each case, the redemption price will be adjusted for any stock dividends, combinations, splits, recapitalizations and the like with respect to the Company’s common stock). Accordingly, the redemption price will reflect a stockholder’s reduced purchase price if such stockholder received discounted or waived selling commissions and/or a waived dealer manager fee. At any time the Company is engaged in an offering of shares, the per share price for shares purchased under the redemption program will always be equal to or lower than the applicable per share offering price.
	Upon receipt of a request for redemption, the Company may conduct a Uniform Commercial Code search to ensure that no liens are held against the shares. If the Company cannot purchase all shares presented for redemption in any fiscal quarter, based upon insufficient cash available and/or the limit on the number of shares the Company may redeem during any quarter or year, the Company will give priority to the redemption of deceased stockholders’ shares. The Company next will give priority to requests for full redemption of accounts with a balance of 250 shares or less at the time the Company receives the request, in order to reduce the expense of maintaining small accounts. Thereafter, the Company will honor the remaining redemption requests on a pro rata basis. Following such quarterly redemption period, the unsatisfied portion of the prior redemption request must be resubmitted, prior to the last day of the new quarter. Unfulfilled requests for redemption will not be carried over automatically to subsequent redemption periods.
	The Company redeems shares no later than the end of the month following the end of each fiscal quarter. Requests for redemption must be received on or prior to the end of the fiscal quarter in order for the Company to repurchase the shares in the month following the end of that fiscal quarter. The Company’s board of directors may amend, suspend or terminate the share redemption program at any time upon 30 days notice to the stockholders. During the year ended December 31, 2013, the Company redeemed approximately 123,000 shares under the share redemption program for $1.2 million. The Company did not redeem any shares during the year ended December 31, 2012.

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 the Company paid on a percentage basis for the years ended December 31, 2013 and 2012:
		Year Ended December 31,
	Character of Distributions (Unaudited):	2013		2012
	Ordinary dividends	60	%	72	%
	Nontaxable distributions	40	%	28	%
	Total	100	%	100	%
	As of December 31, 2013, the tax basis carrying value of the Company’s land and depreciable real estate assets was $2.2 billion. 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 $473,000 and $113,000, respectively, which were recorded in general and administrative expenses in 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.

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 12.3 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.
	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, as of December 31, 2013, was as follows (in thousands):
	Year Ending December 31,	Future Minimum Rental Income
	2014	$	164,332
	2015	163,268
	2016	159,424
	2017	157,051
	2018	150,046
	Thereafter	1,252,354
		$	2,046,475

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 for per share amounts). In the opinion of management, the information for the interim periods presented includes all adjustments which are of a normal and recurring nature, necessary to present a fair presentation of the results for each period.
		31-Dec-13
		First Quarter			Second Quarter			Third Quarter			Fourth Quarter
	Revenues	$	11,405		$	21,773		$	30,326		$	39,053
	Acquisition related expenses	$	5,639		$	14,551		$	10,356		$	17,740
	Operating (loss) income	$	(1,055	)	$	(6,051	)	$	552		$	(4,142	)
	Net loss	$	(3,795	)	$	(11,669	)	$	(6,588	)	$	(10,828	)
	Basic and diluted net loss per common share (1)	$	(0.04	)	$	(0.13	)	$	(0.07	)	$	(0.12	)
	Distributions declared per common share	$	0.15		$	0.16		$	0.16		$	0.16
	(1) Based on the weighted average number of shares outstanding as of December 31, 2013.
		31-Dec-12
		First Quarter			Second Quarter			Third Quarter			Fourth Quarter
	Revenues	$	—		$	648		$	1,847		$	5,342
	Acquisition related expenses	$	—		$	1,949		$	2,611		$	9,811
	Operating loss	$	(35	)	$	(1,866	)	$	(2,368	)	$	(7,747	)
	Net loss	$	(35	)	$	(2,119	)	$	(2,732	)	$	(8,858	)
	Basic and diluted net loss per common share (1)	$	(0.00	)	$	(0.25	)	$	(0.32	)	$	(1.03	)
	Distributions declared per common share	$	—		$	0.16		$	0.16		$	0.16
	(1) Based on the weighted average number of shares outstanding as of December 31, 2012.

Subsequent_Events

Subsequent Events	12 Months Ended
	Dec. 31, 2013
Subsequent Events [Abstract]	'
SUBSEQUENT EVENTS	'
	SUBSEQUENT EVENTS
	Completion of the Offering
	As of February 25, 2014, the Company no longer accepted subscription agreements in connection with the Offering because it had received subscription agreements that allowed it to reach the maximum primary offering; however, subscription agreements received prior to the time at which the Company reaches the maximum primary offering amount, but not in good order, or subscription agreements that require additional information or are not fully funded, will be subject to review and will be processed only if shares are available. As of March 25, 2014, the Company had received $3.0 billion in gross offering proceeds through the issuance of approximately 297.3 million shares of common stock in the Offering (including shares issued pursuant to the DRIP). After the Company reaches the maximum primary offering amount, the Company intends to deregister all remaining unsold shares from the Offering. The Company will continue to issue shares of common stock pursuant to the DRIP Offering.
	Credit Facility
	As of March 25, 2014, the Company had $300.0 million outstanding under the Credit Facility.
	Investment in Real Estate Assets
	Subsequent to December 31, 2013 through March 25, 2014, the Company acquired 51 commercial real estate properties for an aggregate purchase price of $230.4 million. The acquisitions were funded with net proceeds from the Offering and available borrowings. Acquisition related expenses totaling $6.3 million were expensed as incurred.
	ARCP Merger
	On February 7, 2014, ARCP acquired Cole pursuant to a transaction whereby Cole merged with and into 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, CR IV 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 voluntarily resigned as a member of the board of directors and stepped down from his roles as the chairman, president and chief executive officer of the Company, effective as of February 7, 2014. This resignation was not a result of any disagreements with the Company on any matter relating to the Company’s operations, policies or practices. In connection with such resignation, the board of directors appointed Nicholas S. Schorsch as a director, chairman, president and chief executive officer of the Company effective as of February 7, 2014.

Schedule_III_Real_Estate_Asset

Schedule III - Real Estate Assets and Accumulated Depreciated	12 Months Ended
	Dec. 31, 2013
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]	'
Schedule III - Real Estate Assets and Accumulated Depreciation	'
							Initial Costs to Company							Gross Amount at
												Total		Which Carried		Accumulated
										Buildings &		Adjustment		At 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:
	24 Hour Fitness:
		Fort Worth, TX		$ (g)			$	1,519		$	7,449	$	—	$	8,968	$	60	9/27/13	2008
	Aaron Rents:
		Hillsboro , OH		(g)			279			829		—		1,108		10		8/26/13	2013
	Academy Sports:
		Valdosta, GA		5,838			2,482			5,922		—		8,404		110		5/10/13	2012
	Advance Auto:
		Corydon, IN		(g)			190			1,218		—		1,408		40		10/26/12	2012
		Dearborn Heights, MI		(g)			385			1,090		—		1,475		10		8/30/13	2013
		Decatur, AL		(g)			606			1,053		—		1,659		1		12/20/13	2012
		Lake Geneva, WI		1,062			381			1,181		—		1,562		27		2/6/13	2012
		North Ridgeville, OH		(g)			218			1,284		—		1,502		56		4/13/12	2008
		Rutherfordton, NC		(g)			220			944		—		1,164		5		10/22/13	2013
		Starkville, MS		(g)			447			757		—		1,204		33		6/29/12	2011
	Auto Zone:
		Philipburg, PA		(g)			152			1,304		—		1,456		51		7/27/12	2010
	Bass Pro Shop:
		Tallahassee, FL		(g)			945			5,713		—		6,658		60		8/20/13	2013
	Beavercreek Shopping Center:
		Beavercreek, OH		—			5,504			25,178		—		30,682		146		10/31/13	2013
	Bed Bath & Beyond/Golf Smith:
		Schaumburg, IL		—			4,786			6,149		—		10,935		168		3/8/13	1997
	Benihana:
		Golden Valley, MN		(g)			1,510			2,934		—		4,444		105		8/21/12	1980
		Lauderdale by the Sea, FL		(g)			2,181			2,014		—		4,195		74		8/21/12	1791
		Lombard, IL		(g)			1,390			2,343		—		3,733		100		8/21/12	1984
		Woodlands, TX		(g)			1,152			968		—		2,120		36		8/21/12	2001
	Big Lots:
		San Angelo, TX		(g)			1,043			1,947		—		2,990		80		12/19/12	1983
		Waco, TX		(g)			1,069			1,326		56		2,451		56		12/10/12	2012
	Bottom Dollar Grocery:
		Ambridge, PA		(g)			519			2,985		—		3,504		10		11/5/13	2012
	Buffalo Wild Wings:
		Warrenville, IL		(g)			1,208			1,420		—		2,628		38		3/28/13	2004
		Woodridge, IL		(g)			1,139			1,484		—		2,623		39		3/28/13	2005
	Canton Marketplace:
		Canton, GA		32,000			8,310			48,667		113		57,090		1,247		3/28/13	2008
	Canarsie Plaza:
		Brooklyn, NY		75,000			37,947			71,222		361		109,530		1,876		12/5/12	2011
	Chase:
		Hanover Township, NJ		(g)			2,192			—		—		2,192		—		12/18/13	2010
	Chestnut Square:
		Brevard, NC		(g)			425			5,037		—		5,462		78		6/7/13	2008
							Initial Costs to Company							Gross Amount at
												Total		Which Carried		Accumulated
										Buildings &		Adjustment		At December 31, 2013		Depreciation		Date	Date
		Description (a)		Encumbrances			Land			Improvements		to Basis		(b) (c)		(d) (e)		Acquired	Constructed
	Coosa Town Center:
		Gadsden, AL		$	—		$	3,246		$	7,799	$	—	$	11,045	$	10	12/20/13	2004
	Cost Plus World Market:
		Kansas City, MO		(g)			1,377			2,396		—		3,773		98		11/13/12	2001
	Costco:
		Tallahassee, FL		5,146			9,497			—		—		9,497		—		12/11/12	(f)
	Cottonwood Commons:
		Albuquerque, NM		19,250			4,986			28,881		—		33,867		349		7/19/13	2013
	Coventry Crossing:
		Coventry , RI		(g)			3,462			5,899		—		9,361		49		9/12/13	2008
	Crossroads Annex:
	Lafayette, LA		—			1,659			7,091		—		8,750		8		12/4/13	2013
Crossroads Commons:
	Plover, WI		(g)			1,000			4,515		—		5,515		6		12/10/13	2012
CVS:
	Arnold, MO		(g)			2,043			2,367		—		4,410		3		12/13/13	2013
	Asheville, NC		(g)			1,108			1,084		—		2,192		49		4/26/12	1998
	Austin, TX		(g)			1,076			3,475		—		4,551		4		12/13/13	2013
	Bainbridge, GA		(g)			444			1,682		47		2,173		68		6/27/12	1998
	Bloomington, IN		(g)			1,620			2,957		—		4,577		3		12/13/13	2012
	Blue Springs, MO		(g)			395			2,722		—		3,117		3		12/13/13	2013
	Bridgeton, MO		(g)			2,056			2,362		—		4,418		3		12/13/13	2013
	Cartersville, GA		—			2,547			—		—		2,547				10/22/12	(f)
	Charleston, SC		(g)			869			1,009		—		1,878		45		4/26/12	1998
	Chesapeake, VA		(g)			1,044			3,053		—		4,097		3		12/13/13	2013
	Chicago, IL		(g)			1,832			4,255		—		6,087		84		3/20/13	2008
	Cicero, IN		(g)			487			3,099		—		3,586		3		12/13/13	2013
	Corpus Christi, TX		(g)			648			2,557		—		3,205		111		4/19/12	1998
	Eminence, KY		(g)			872			2,511		—		3,383		3		12/13/13	2013
	Florence, AL		1,735			1,030			1,446		—		2,476		30		3/27/13	2000
	Goose Creek, SC		(g)			1,022			1,980		—		3,002		2		12/13/13	2013
	Greenwood, IN		(g)			912			3,549		—		4,461		41		7/11/13	1999
	Hanover Township, NJ		(g)			4,746			—		—		4,746		—		12/18/13	2012
	Hazlet, NJ		(g)			3,047			3,610		—		6,657		4		12/13/13	2013
	Honesdale, PA		(g)			1,206			3,342		—		4,548		4		12/13/13	2013
	Independence, MO		(g)			359			2,242		—		2,601		2		12/13/13	2013
	Indianapolis, IN		(g)			1,110			2,484		—		3,594		3		12/13/13	2013
	Irving, TX		(g)			745			3,034		—		3,779		94		10/5/12	2000
	Janesville, WI		(g)			736			2,545		—		3,281		3		12/13/13	2013
	Katy, TX		(g)			1,149			2,462		—		3,611		3		12/13/13	2013
	Lincoln, NE		(g)			2,534			3,014		—		5,548		3		12/13/13	2013
	London, KY		(g)			1,445			2,661		—		4,106		20		9/10/13	2013
	Middletown, NY		(g)			665			5,483		—		6,148		6		12/13/13	2013
	North Wilkesboro, NC		(g)			332			2,369		—		2,701		12		10/25/13	1999
	Poplar Bluff, MO		(g)			1,861			2,211		—		4,072		2		12/13/13	2013
						Initial Costs to Company							Gross Amount at
											Total		Which Carried		Accumulated
									Buildings &		Adjustment		At December 31, 2013		Depreciation		Date	Date
	Description (a)		Encumbrances			Land			Improvements		to Basis		(b) (c)		(d) (e)		Acquired	Constructed
CVS (continued):
	Salem, NH		$ (g)			$	3,456		$	2,351	$	—	$	5,807	$	7	11/18/13	2013
	San Antonio, TX		(g)			1,893			1,848		—		3,741		2		12/13/13	2013
	Sand Springs, OK		(g)			1,765			2,283		—		4,048		2		12/13/13	2013
	Santa Fe, NM		(g)			2,243			4,619		—		6,862		5		12/13/13	2013
	Sedalia, MO		(g)			466			2,318		—		2,784		2		12/13/13	2013
	St. John, MO		(g)			1,546			2,601		—		4,147		3		12/13/13	2013
	Temple Hills, MD		(g)			1,817			2,989		—		4,806		22		9/30/13	2001
	Vineland, NJ		(g)			813			2,926		—		3,739		3		12/13/13	2010
	Waynesboro, VA		(g)			986			2,708		—		3,694		3		12/13/13	2013
	West Monroe, LA		(g)			1,738			2,136		—		3,874		2		12/13/13	2013
Darien Towne Center:
	Darien, IL		—			6,718			11,951		—		18,669		18		12/17/13	1994
Decatur Commons:
	Decatur, AL		(g)			2,478			9,333		—		11,811		119		7/10/13	2004
Deltona Commons:
	Deltona, FL		(g)			1,424			7,760		—		9,184		110		6/18/13	2007
Dick’s Sporting Goods:
	Oklahoma City (3rd), OK		(g)			1,198			7,838		—		9,036		233		12/21/12	2012
	Oklahoma City, OK		(g)			685			10,587		—		11,272		307		12/31/13	2012
Dollar General:
	Akron, AL		(g)			69			771		—		840		8		8/6/13	2013
	Akron, OH		(g)			112			1,099		—		1,211		4		11/1/13	2013
	Alliance, NE		(g)			97			812		—		909		17		4/9/13	2013
	Asheville, NC		—			379			753		—		1,132		12		6/17/13	2013
	Ashville, AL		666			255			677		—		932		21		12/21/12	2012
	Bainbridge, OH		(g)			106			1,175		—		1,281		10		9/13/13	2013
	Bessemer, AL		(g)			142			941		—		1,083		7		9/27/13	2013
	Bokchito, OK		(g)			59			859		—		918		22		2/27/13	2013
	Botkins, OH		(g)			130			991		—		1,121		8		9/27/13	2013
	Breaux Bridge, LA		840			225			1,007		—		1,232		31		11/30/12	2012
	Broken Bow, NE		(g)			91			878		—		969		3		11/1/13	2013
	Brownsville, TX		822			264			943		—		1,207		27		11/30/12	2012
	Clay, AL		792			305			768		—		1,073		20		2/8/13	2012
	Cleveland, TX		684			158			856		—		1,014		24		11/30/12	2012
	Columbus, OH		—			279			1,248		—		1,527		4		11/7/13	2013
	Conroe, TX		756			167			946		—		1,113		25		12/18/12	2012
	Delcambre, LA		(g)			169			1,025		—		1,194		8		9/27/13	2013
	Delhi, LA		(g)			301			1,033		—		1,334		10		8/9/13	2013
	Deridder (Hwy 26), LA		(g)			135			923		—		1,058		7		9/27/13	2013
	Deridder (Hwy 190), LA		(g)			176			905		—		1,081		9		8/9/13	2013
	Des Moines, IA		(g)			166			943		—		1,109		10		8/9/13	2012
	Dundee, MI		(g)			296			1,047		—		1,343		3		11/26/13	2013
	Fred, TX		—			93			929		—		1,022		1		12/19/13	2013
						Initial Costs to Company							Gross Amount at
											Total		Which Carried		Accumulated
									Buildings &		Adjustment		At December 31, 2013		Depreciation		Date	Date
	Description (a)		Encumbrances			Land			Improvements		to Basis		(b) (c)		(d) (e)		Acquired	Constructed
Dollar General (continued):
	Fort Valley, GA		$ (g)			$	514		$	2,436	$	—	$	2,950	$	32	7/9/13	2013
	Geneva, AL		738			204			815		—		1,019		25		12/21/12	2012
	Greenwell Springs, LA		870			444			841		—		1,285		26		11/30/12	2012
	Groveport, OH		822			416			813		—		1,229		19		3/15/13	2012
	Hanceville, AL		2,029			1,232			1,488		—		2,720		51		11/21/12	2012
	Harvest, AL		684			261			691		—		952		22		12/21/12	2012
	Homeworth, OH		(g)			110			1,057		—		1,167		6		10/18/13	2013
	Houston, TX		966			311			1,102		—		1,413		30		12/18/12	2012
	Houston (Gears), TX		(g)			255			1,393		—		1,648		7		10/18/13	2013
	Huntsville, AL		768			177			847		—		1,024		26		12/21/12	2012
	Independence, MO		828			170			1,072		—		1,242		30		12/18/12	2012
	Kansas City (Oak), MO		(g)			283			1,068		—		1,351		6		10/18/13	2013
	Kansas City (Troost), MO		(g)			233			1,054		—		1,287		4		11/1/13	2013
	Kearney, NE		(g)			141			851		—		992		3		11/20/13	2013
	Kinston, AL		642			170			719		—		889		23		12/21/12	2012
	Lake Charles (Broad), LA		(g)			146			989		—		1,135		10		8/9/13	2013
	Leicester, NC		(g)			134			800		—		934		12		6/17/13	2013
	Lima, OH		810			156			1,040		—		1,196		30		11/30/12	2012
	Linden, AL		(g)			317			746		—		1,063		9		7/11/13	2013
	Loveland, OH		(g)			241			1,065		—		1,306		1		12/12/13	2013
	Lubbock, TX		744			468			641		—		1,109		19		12/18/12	2012
	Manhattan, KS		(g)			194			921		—		1,115		3		11/20/13	2013
	Mansfield, OH		(g)			72			1,226		—		1,298		1		12/12/13	2013
	Maynardville, TN		750			239			754		—		993		26		11/30/12	2012
	Mobile (Newman), AL		(g)			139			1,005		—		1,144		6		10/18/13	2013
	Mobile (Schillinger), AL		(g)			410			1,059		—		1,469		16		6/17/13	2013
	Monroeville, OH		(g)			131			1,069		—		1,200		6		10/4/13	2013
	Nashville , GA		2,088			215			2,533		—		2,748		57		3/1/13	2013
	Navarre, OH		(g)			153			1,005		—		1,158		8		9/27/13	2013
	New Philadelphia, OH		(g)			129			1,100		—		1,229		8		9/27/13	2013
	New Washington, OH		(g)			99			975		—		1,074		8		9/13/13	2013
	Newark, OH		792			222			946		—		1,168		22		3/15/13	2012
	North Lewisburg, OH		(g)			59			1,008		—		1,067		4		11/22/13	2013
	Opelousas, LA		(g)			92			947		—		1,039		5		10/4/13	2013
	Oxford, AL		(g)			465			783		—		1,248		5		10/18/13	2013
	Park Hill, OK		(g)			91			887		—		978		23		1/4/13	2012
	Phenix City, AL		(g)			331			718		—		1,049		11		6/17/13	2013
	Piedmont, AL		1980			1,036			1,579		—		2,615		55		11/21/12	2012
	Pike Road, AL		(g)			477			772		—		1,249		8		8/21/13	2013
	Plain City, OH		(g)			187			1,097		—		1,284		4		11/26/13	2013
	Port Clinton, OH		(g)			120			1,070		—		1,190		3		11/22/13	2013
	Pueblo, CO		(g)			144			909		—		1,053		22		1/4/13	2012
						Initial Costs to Company							Gross Amount at
											Total		Which Carried		Accumulated
									Buildings &		Adjustment		At December 31, 2013		Depreciation		Date	Date
	Description (a)		Encumbrances			Land			Improvements		to Basis		(b) (c)		(d) (e)		Acquired	Constructed
Dollar General (continued):
	Ragley, LA		$ (g)			$	196		$	877	$	—	$	1,073	$	9	8/9/13	2013
	Rayne, LA		702			125			910		—		1,035		26		12/18/12	2012
	Seale, AL		(g)			259			767		—		1,026		4		10/28/13	2013
	Seminole, AL		(g)			175			829		—		1,004		10		7/15/13	2013
	Spring, TX		(g)			277			1,132		—		1,409		9		9/30/13	2013
	Springfield, OH		(g)			125			1,000		—		1,125		8		9/27/13	2013
	St. Louis, MO		—			229			1,102		—		1,331		1		12/31/13	2013
	Superior, NE		(g)			230			917		—		1,147		3		11/26/13	2013
	Temple, GA		(g)			200			917		—		1,117		15		5/15/13	2013
	Theodore, AL		(g)			248			763		—		1,011		13		5/15/13	2013
	Thibodaux, LA		(g)			211			1,083		—		1,294		8		9/27/13	2013
	Toney, AL		642			86			792		—		878		19		3/21/13	2012
	Wakefield, KS		(g)			78			929		—		1,007		7		9/30/13	2013
	Weston, MO		(g)			117			1,012		—		1,129		12		7/17/13	2013
	Whitehouse, OH		(g)			134			1,144		—		1,278		6		10/18/13	2013
	Whitwell, TN		870			159			1,035		—		1,194		35		11/30/12	2012
	Wilmer, AL		(g)			99			775		—		874		8		8/5/13	2013
	Woodville, OH		786			169			1,009		—		1,178		25		2/8/13	2013
	Yatesville, GA		666			120			797		—		917		19		3/25/13	2013
Dollar Tree/Petco:
	Humble, TX		(g)			720			2,543		—		3,263		65		2/11/13	2011
Earth Fare:
	Huntersville, NC		3,183			1,439			2,973		—		4,412		73		2/28/13	2011
East Manchester Village Center:
	Manchester, PA		—			2,517			12,672		20		15,209		15		12/19/13	2009
Emerald Place:
	Greenwood, SC		(g)			2,042			9,942		—		11,984		144		6/28/13	2012
Evergreen Marketplace:
	Evergreen Park, IL		(g)			2,823			6,239		—		9,062		59		9/6/13	2013
Fairview Village:
	Cary, NC		(g)			2,476			3,557		88		6,121		105		12/21/12	2010
Family Dollar:
	Bessemer, AL		—			201			1,043		—		1,244		1		12/27/13	2013
	Birmingham, AL		—			500			831		—		1,331		1		12/27/13	2013
	Brooksville, FL		—			206			791		—		997		1		12/18/13	2013
	Ft. Lauderdale, FL		—			443			1,361		—		1,804		1		12/18/13	2013
	Irvington, AL		—			217			814		—		1,031		1		12/27/13	2013
	Taft, CA		—			255			1,422		—		1,677		14		8/23/13	2013
	Tampa (Cragmont), FL		—			563			737		—		1,300		1		12/18/13	2013
	Tampa (Forest), FL		—			482			920		—		1,402		1		12/18/13	2013
	Tuscaloosa, AL		—			534			817		—		1,351		1		12/27/13	2013
Fargo Plaza:
	Fargo, ND		(g)			2,097			4,774		378		7,249		97		5/30/13	2013
						Initial Costs to Company							Gross Amount at
											Total		Which Carried		Accumulated
									Buildings &		Adjustment		At December 31, 2013		Depreciation		Date	Date
	Description (a)		Encumbrances			Land			Improvements		to Basis		(b) (c)		(d) (e)		Acquired	Constructed
Food 4 Less:
	Atwater, CA		$ (g)			$	1,383		$	5,271	$	—	$	6,654	$	19	11/27/13	2002
Fourth Creek Landing:
	Stateville, NC		5,700			1,375			7,795		—		9,170		211		3/26/13	2012
Gold’s Gym:
	Corpus Christi, TX		(g)			1,498			6,346		—		7,844		136		3/6/13	2006
Golden Corral:
	Garland, TX		(g)			1,255			2,435		—		3,690		85		9/21/12	2012
	Houston, TX		(g)			1,375			2,350		—		3,725		67		12/12/12	2012
Goodyear:
	Pooler, GA		(g)			569			1,484		—		2,053		23		6/18/13	2008
Hancock Village:
	Chesterfield, VA		15,000			8,874			17,287		96		26,257		344		5/23/13	2009
Haverty Furniture:
	Midland, TX		(g)			709			1,294		—		2,003		20		8/7/13	2012
HEB Center:
	Waxahachie, TX		(g)			3,465			7,952		264		11,681		322		6/27/12	1997
Hickory Flat Commons:
	Canton, GA		(g)			4,482			13,174		—		17,656		416		12/18/12	2008
Hobby Lobby:
	Lewisville, TX		(g)			2,184			8,977		—		11,161		31		11/26/13	2013
	Mooresville, NC		(g)			869			4,249		—		5,118		167		11/30/12	2012
Home Depot:
	North Canton, OH		(g)			2,203			12,012		—		14,215		338		12/20/12	1998
	Plainwell, MI		(g)			521			11,905		—		12,426		189		5/16/13	2002
Kirklands:
	Jonesboro, AR		(g)			696			1,990		—		2,686		56		11/27/12	2012
Kohl’s:
	Cedar Falls, IA		(g)			1,600			5,796		—		7,396		164		12/7/12	2001
	Hutchinson, KS		(g)			3,290			—		—		3,290		—		10/19/12	(f)
Kroger:
	Whitehall, OH		(g)			581			6,628		—		7,209		8		12/16/13	1994
Kum & Go:
	Bentonville (Central), AR		(g)			916			1,864		—		2,780		31		5/3/13	2011
	Fairfield, IA		(g)			422			1,913		—		2,335		32		5/3/13	2011
	Mount Vernon, MO		(g)			708			1,756		—		2,464		29		5/3/13	2010
	Urbandale, IA		(g)			722			1,658		—		2,380		28		5/3/13	2010
L.A. Fitness:
	Bloomfield Township, MI		(g)			2,287			10,075		—		12,362		154		6/21/13	2008
	Garland, TX		—			2,005			6,861		—		8,866		7		12/20/13	2013
	Houston, TX		(g)			5,764			5,994		—		11,758		46		9/30/13	2013
	Mesa, AZ		(g)			1,353			7,730		20		9,103		135		5/8/13	2010
	Ocoee, FL		(g)			1,173			6,876		—		8,049		72		8/8/13	2008
	Riverside, CA		(g)			2,557			9,951		—		12,508		100		8/2/13	2010
						Initial Costs to Company							Gross Amount at
											Total		Which Carried		Accumulated
									Buildings &		Adjustment		At December 31, 2013		Depreciation		Date	Date
	Description (a)		Encumbrances			Land			Improvements		to Basis		(b) (c)		(d) (e)		Acquired	Constructed
Logan’s Roadhouse:
	Bristol, VA		$ (g)			$	991		$	2,560	$	—	$	3,551	$	68	1/29/13	2001
	Lancaster, TX		(g)			1,203			1,620		—		2,823		53		10/23/12	2011
	Martinsburg, WV		(g)			925			2,183		—		3,108		12		10/29/13	2010
	Opelika, AL		(g)			836			1,508		—		2,344		50		10/23/12	2005
	Sanford, FL		(g)			1,031			1,807		—		2,838		60		10/23/12	1999
	Troy, OH		(g)			992			1,577		—		2,569		51		10/23/12	2011
Lowe’s:
	Adrian, MI		(g)			2,604			5,036		—		7,640		51		9/27/13	1996
	Columbia, SC		(g)			3,943			6,353		—		10,296		50		9/12/13	1994
	Oxford, AL		(g)			1,668			7,622		386		9,676		125		6/28/13	1999
	Tuscaloosa, AL		(g)			4,908			4,786		—		9,694		28		10/29/13	1993
	Zanesville, OH		(g)			2,161			8,375		—		10,536		9		12/11/13	1995
Market Heights Shopping Center:
	Harker Heights, TX		47,000			12,888			64,105		—		76,993		261		11/25/13	2012
Marketplace at the Lakes:
	West Covina, CA		(g)			10,020			8,664		1		18,685		132		9/30/13	1994
Matteson Center:
	Matteson, IL		(g)			1,243			17,427		—		18,670		74		11/22/13	2003
Mattress Firm:
	Brunswick, GA		(g)			343			1,040		—		1,383		11		8/29/13	2012
	Jonesboro, AR		(g)			729			1,194		—		1,923		49		10/5/12	2012
	Pineville, NC		(g)			1,557			1,198		—		2,755		44		10/29/12	2000
Michael’s:
	Bowling Green, KY		(g)			587			1,992		—		2,579		69		11/20/12	2012
National Tire & Battery:
	Cedar Hill, TX		(g)			469			1,951		—		2,420		52		12/18/12	2006
	Fort Worth, TX		(g)			936			1,234		—		2,170		12		8/23/13	2005
	Frisco, TX		(g)			844			1,608		—		2,452		16		8/23/13	2007
	Montgomery, IL		(g)			516			2,494		—		3,010		62		1/15/13	2007
Natural Grocers:
	Denton, TX		(g)			1,326			3,134		—		4,460		38		7/24/13	2012
	Lubbock, TX		(g)			1,093			3,621		—		4,714		66		4/22/13	2013
Nordstrom Rack:
	Tampa, FL		(g)			3,371			6,402		—		9,773		341		4/16/12	2010
O’Reilly Automotive:
	Brownfield, TX		(g)			22			835		—		857		36		5/8/12	2012
	Columbus, TX		(g)			260			757		—		1,017		31		5/8/12	2011
Park Place:
	Enterprise, AL		(g)			931			8,595		—		9,526		84		8/30/13	2012
Pep Boys:
	Clermont, FL		(g)			799			1,993		—		2,792		30		6/26/13	2013
	Oviedo, FL		(g)			669			2,172		—		2,841		13		10/4/13	2013
Petsmart:
	Baton Rouge, LA		2,509			651			2,968		113		3,732		109		10/11/12	1999
						Initial Costs to Company							Gross Amount at
											Total		Which Carried		Accumulated
									Buildings &		Adjustment		At December 31, 2013		Depreciation		Date	Date
	Description (a)		Encumbrances			Land			Improvements		to Basis		(b) (c)		(d) (e)		Acquired	Constructed
Petsmart (continued):
	Commerce Township, MI		$ (g)			$	539		$	1,960	$	—	$	2,499	$	53	3/28/13	1996
	Eden Prairie, MN		(g)			1,279			2,030		—		3,309		13		10/1/13	2007
	Edmond, OK		(g)			816			3,266		—		4,082		83		1/23/13	1998
	North Fayette Township, PA		(g)			1,615			1,503		—		3,118		25		6/7/13	1997
	Overland Park, KS		(g)			2,025			2,181		—		4,206		12		10/1/13	1996
	Taylor, MI		(g)			331			2,438		—		2,769		45		6/7/13	1997
	Tucson, AZ		(g)			1,114			2,771		—		3,885		11		11/8/13	2000
	Wilkesboro, NC		(g)			447			1,710		—		2,157		79		4/13/12	2011
Petsmart/Old Navy:
	Reynoldsburg, OH		(g)			1,295			4,077		—		5,372		127		12/14/12	2012
Pick’N Save:
	Sheboygan, WI		(g)			2,003			10,695		—		12,698		365		9/6/12	2012
	South Milwaukee, WI		(g)			1,126			5,706		—		6,832		19		11/6/13	2005
Popular Springs Plaza:
	Duncan, SC		(g)			1,862			5,277		149		7,288		92		5/24/13	1995
Quick Chek:
	Kingston , NY		(g)			831			5,783		—		6,614		92		5/31/13	2008
	Lake Katrine, NY		(g)			1,507			4,569		—		6,076		71		5/31/13	2008
	Middletown (Main), NY		(g)			1,335			5,732		—		7,067		92		5/31/13	2008
	Middletown, NY		(g)			1,297			5,963		—		7,260		95		5/31/13	2009
	Middletown, NY		(g)			1,437			4,656		—		6,093		75		5/31/13	2007
	Sagerties, NY		(g)			1,242			5,372		—		6,614		86		5/31/13	2009
Regent Towne Center:
	Fort Mill, SC		(g)			1,455			5,063		—		6,518		86		6/13/13	2007
Rite Aid:
	Columbia, SC		(g)			854			2,281		—		3,135		3		12/3/13	2008
Ross:
	Fort Worth, TX		(g)			1,273			3,157		—		4,430		108		10/4/12	1977
Shoppes at Lake Andrew:
	Melbourne, FL		—			3,921			16,831		—		20,752		24		12/31/13	2003
Spinx:
	Simpsonville, SC		(g)			591			969		—		1,560		23		1/24/13	2012
Sprouts:
	Bixby, OK		(g)			1,320			7,117		—		8,437		84		7/26/13	2013
Stripes:
	Brownsville, TX		(g)			210			2,386		—		2,596		96		8/30/12	2007
	Brownwood, TX		(g)			484			3,086		—		3,570		120		8/30/12	2005
	McAllen, TX		(g)			604			1,909		—		2,513		89		8/30/12	2007
	Midland, TX		(g)			620			5,551		—		6,171		199		8/30/12	2002
	Mission, TX		(g)			215			2,170		—		2,385		88		8/30/12	2006
	Odessa, TX		(g)			569			4,940		—		5,509		176		8/30/12	1998
Summerfield Crossing:
	Riverview, FL		(g)			6,130			6,753		—		12,883		87		7/12/13	2009
						Initial Costs to Company							Gross Amount at
											Total		Which Carried		Accumulated
									Buildings &		Adjustment		At December 31, 2013		Depreciation		Date	Date
	Description (a)		Encumbrances			Land			Improvements		to Basis		(b) (c)		(d) (e)		Acquired	Constructed
Sunbelt Rentals:
	Canton, OH		$ (g)			$	147		$	1,679	$	—	$	1,826	$	12	10/24/13	2013
Sunoco:
	Cocoa, FL		(g)			625			1,062		—		1,687		19		4/12/13	1987
	Mangonia Park, FL		(g)			689			600		—		1,289		11		4/12/13	1999
	Merritt Island, FL		(g)			610			1,123		—		1,733		20		4/12/13	1986
	Palm Beach Gardens, FL		(g)			1,050			2,667		—		3,717		47		4/12/13	2009
	Palm City, FL		(g)			667			1,698		—		2,365		30		4/12/13	2011
	Palm Springs, FL		(g)			580			1,907		—		2,487		34		4/12/13	2011
	Sebastian, FL		(g)			490			2,128		—		2,618		38		4/12/13	2009
	Titusville, FL		(g)			626			2,534		—		3,160		45		4/12/13	2009
	West Palm Beach, FL		(g)			637			443		—		1,080		8		4/12/13	1977
Sunoco Center:
	Titusville (Sisson), FL		(g)			799			587		—		1,386		11		4/12/13	1986
The Market at Polaris:
	Columbus, OH		—			11,828			41,702		—		53,530		50		12/6/13	2005
The Marquis:
	Williamsburg, VA		8,556			2,615			11,406		—		14,021		406		9/21/12	2007
The Plant:
	San Jose, CA		123,000			67,596			108,203		18		175,817		2,395		4/15/13	2008
Tire Kingdom:
	Tarpon Springs, FL		(g)			427			1,458		—		1,885		42		11/30/12	2003
TJ Maxx/Dollar Tree:
	Oxford, OH		(g)			641			2,673		—		3,314		57		5/20/13	2013
Tractor Supply:
	Ashland, VA		(g)			500			2,696		—		3,196		9		11/22/13	2013
	Cambridge, MN		(g)			807			1,272		—		2,079		64		5/14/12	2012
	Canon City, CO		(g)			597			2,527		—		3,124		71		11/30/12	2012
	Lumberton, NC		—			611			2,007		—		2,618		36		5/24/13	2013
	Monticello, FL		(g)			448			1,916		—		2,364		30		6/20/13	2013
	Newnan, GA		(g)			1,182			1,950		—		3,132		60		11/6/12	2009
	Petersburg, VA		(g)			514			2,439		—		2,953		14		10/7/13	2013
	South Hill, VA		(g)			630			2,179		—		2,809		32		6/24/13	2011
	Spencer, WV		1,659			455			2,187		—		2,642		70		11/20/12	2012
	Stuttgart, AR		1,543			47			2,519		—		2,566		47		4/5/13	2013
	Weaverville, NC		(g)			867			3,138		—		4,005		25		9/13/13	2006
	Woodward, OK		(g)			446			1,973		—		2,419		7		11/19/13	2013
Trader Joe’s:
	Asheville, NC		(g)			2,770			3,766		—		6,536		22		10/22/13	2013
	Columbia, SC		(g)			2,308			2,597		—		4,905		60		3/28/13	2012
	Wilmington, NC		(g)			2,016			2,519		—		4,535		45		6/27/13	2012
University Marketplace:
	Marion, IN		(g)			850			6,722		—		7,572		182		3/22/13	2012
Wal-Mart:
	Perry, GA		(g)			2,270			11,053		—		13,323		170		6/4/13	1999
						Initial Costs to Company							Gross Amount at
											Total		Which Carried		Accumulated
									Buildings &		Adjustment		At December 31, 2013		Depreciation		Date	Date
	Description (a)		Encumbrances			Land			Improvements		to Basis		(b) (c)		(d) (e)		Acquired	Constructed
Wal-Mart (continued):
	Tallahassee, FL		$	8,157		$	14,823		$	—	$	—	$	14,823	$	—	12/11/12	(f)
	York, SC		(g)			1,913			11,410		—		13,323		174		6/4/13	1998
Walgreens:
	Andover, KS		(g)			630			3,057		—		3,687		19		10/18/13	2001
	Austintown, OH		(g)			637			4,173		—		4,810		40		8/19/13	2002
	Birmingham, AL		(g)			985			4,938		—		5,923		89		4/9/13	2012
	Blair, NE		2,466			335			3,544		—		3,879		154		4/18/12	2008
	Connelly Springs, NC		(g)			1,349			3,628		—		4,977		35		8/27/13	2012
	Cullman, AL		3,542			1,292			3,779		—		5,071		85		2/22/13	2012
	Danville, VA		(g)			989			4,547		—		5,536		127		12/21/12	2012
	Dearborn Heights, MI		(g)			2,236			3,411		—		5,647		40		7/9/13	2008
	Fort Madison, IA		(g)			514			3,723		—		4,237		28		9/20/13	2008
	Hazelwood, MO		(g)			2,505			4,866		—		7,371		36		9/4/13	2006
	Hickory, NC		(g)			1,100			4,241		—		5,341		96		2/28/13	2009
	Hockessin, DE		(g)			1,586			3,555		—		5,141		4		12/20/13	2008
	Huntsville, AL		3,273			1,931			2,456		—		4,387		54		3/15/13	2001
	Kannapolis, NC		(g)			1,480			5,031		—		6,511		70		6/12/13	2012
	Las Vegas, NV		(g)			2,325			3,262		—		5,587		25		9/26/13	1999
	Lawton, OK		(g)			860			2,539		—		3,399		30		7/3/13	1998
	Lubbock (82nd), TX		(g)			565			3,257		—		3,822		100		10/11/12	2000
	Lubbock (Indiana), TX		—			531			2,951		—		3,482		90		10/11/12	1998
	Mobile, AL		(g)			1,603			3,161		—		4,764		10		11/7/13	2013
	Montgomery, AL		(g)			1,110			2,949		—		4,059		125		5/14/12	2006
	Phoenix, AZ		(g)			2,216			1,830		—		4,046		39		3/22/13	2001
	Pine Bluff, AR		(g)			248			5,228		—		5,476		39		9/17/13	2012
	Springdale, AR		(g)			1,172			4,509		—		5,681		24		10/7/13	2012
	Springfield, IL		(g)			830			3,618		—		4,448		151		5/14/12	2007
	Suffolk, VA		(g)			1,261			3,461		—		4,722		152		5/14/12	2007
Walgreens/KeyBank:
	Newburgh, NY		(g)			3,280			5,441		—		8,721		40		9/16/13	2010
Wallace Commons:
	Salisbury, NC		7,590			3,265			8,057		—		11,322		225		12/31/12	2009
Warrenton Highlands:
	Warrenton, OR		(g)			2,139			5,774		—		7,913		116		5/29/13	2011
Waterford South Park:
	Clarksville, IN		(g)			2,946			8,564		—		11,510		200		4/12/13	2006
Wawa:
	Cape May, NJ		(g)			1,576			5,789		—		7,365		206		8/29/12	2005
	Galloway, NJ		(g)			1,724			6,105		—		7,829		217		8/29/12	2005
Westover Market:
	San Antonio, TX		(g)			2,705			7,959		—		10,664		110		7/10/13	2013
Woods Supermarket:
	Sunrise Beach, MO		(g)			1,044			5,006		—		6,050		38		9/13/13	2013
			$	396,946		$	537,655		$	1,420,943	$	2,110	$	1,960,708
As of December 31, 2013, the Company owned 292 single-tenant, freestanding retail properties and 45 multi-tenant retail properties.
(b) The aggregate cost for federal income tax purposes was $2.2 billion.
(c) The following is a reconciliation of total real estate carrying value for the years ended December 31 (in thousands):
			2013			2012
Balance, beginning of period				$	464,539		$	—
	Additions
		Acquisitions		1,494,171			464,426
		Improvements		1,998			113
	Total additions			$	1,496,169		$	464,539
	Deductions
		Cost of real estate sold		—			—
		Adjustment to basis		—			—
		Other (including provisions for impairment of real estate assets)		—			—
	Total deductions			—			—
Balance, end of period				$	1,960,708		$	464,539
(d) The following is a reconciliation of accumulated depreciation for the years ended December 31 (in thousands):
			2013			2012
Balance, beginning of period				$	1,743		$	—
	Additions
		Acquisitions - Depreciation Expense for Building, Acquisitions Costs & Tenant Improvements Acquired		21,624			1,743
		Improvements - Depreciation Expense for Tenant Improvements and Building Equipment		10			—
	Total additions			$	21,634		$	1,743
	Deductions
		Cost of real estate sold		—			—
		Other (including provisions for impairment of real estate assets)		—			—
	Total deductions			—			—
Balance, end of period				$	23,377		$	1,743
(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) Subject to ground lease and therefore date constructed is not applicable.
(g) Property is included in the Credit Facility’s borrowing base. As of December 31, 2013, the Company had $300.0 million outstanding under the Credit Facility.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2013
Accounting Policies [Abstract]	'
Basis of accounting	'
	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	'
	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. Certain prior year balances have been combined in the consolidated statements of operations and statements of cash flows. The Company was formed on July 27, 2010 but did not commence principal operations until April 13, 2012. Therefore, the Company had no activity during the year ended December 31, 2011.
	The Company evaluates its relationships and investments to determine if it has variable interests. A variable interest is an investment or other interest that will absorb portions of an entity’s expected losses or receive portions of the entity’s expected residual returns.  If the Company determines that it has a variable interest in an entity, it evaluates whether such interest is in a variable interest entity (“VIE”). A VIE is broadly defined as an entity where either (1) the equity investors as a group, if any, lack the power through voting or similar rights to direct the activities of an entity that most significantly impact the entity’s economic performance or (2) the equity investment at risk is insufficient to finance that entity’s activities without additional subordinated financial support. The Company consolidates any VIEs when it is determined to be the primary beneficiary of the VIE’s operations.
	A variable interest holder is considered to be the primary beneficiary of a VIE if it has the power to direct the activities of a VIE that most significantly impact the entity’s economic performance and has the obligation to absorb losses of, or the right to receive benefits from, the entity that could potentially be significant to the VIE. The Company qualitatively assesses whether it is (or is not) the primary beneficiary of a VIE. Consideration of various factors include, but are not limited to, the Company’s ability to direct the activities that most significantly impact the entity’s economic performance, its form of ownership interest, its representation on the entity’s governing body, the size and seniority of its investment, its ability and the rights of other investors to participate in policy making decisions and to replace the manager of and/or liquidate the entity.
	The Company continually evaluates the need to consolidate its joint venture arrangement based on standards set forth in GAAP. In determining whether the Company has a controlling interest in a joint venture arrangement and the requirement to consolidate the accounts of that entity, management considers factors such as ownership interest, power to make decisions and contractual and substantive participating rights of the partners/members as well as whether the entity is a VIE for which the Company may be the primary beneficiary. As of December 31, 2013, the Company is not required to consolidate its joint venture arrangement as the joint venture entity does not qualify as a VIE and the Company does not meet the control requirement for consolidation. There were no joint venture arrangements as of December 31, 2012.
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 assets	'
	Investment in and Valuation of Real Estate Assets
	Real estate assets are stated at cost, less accumulated depreciation and amortization. Amounts capitalized to real estate 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 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 assets, other than land, are depreciated or amortized on a straight-line basis. The estimated useful lives of the Company’s real estate 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 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 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 and 2012.
	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 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 and 2012.
Allocation of purchase price of real estate assets	'
	Allocation of Purchase Price of Real Estate 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 has acquired, and may continue to acquire, certain properties subject to contingent consideration arrangements that may obligate the Company to pay additional consideration to the seller based on the outcome of future events (the “Contingent Payments”). Additionally, the Company may acquire certain properties for which it funds certain contingent consideration amounts into an escrow account pending the outcome of certain future events. The outcome may result in the release of all or a portion of the escrow funds to the Company or the seller or a combination thereof. Contingent consideration arrangements are based on a predetermined formula and have set time periods regarding the obligation to make future payments, including funds released to the seller from escrow accounts, or the right to receive escrowed funds as set forth in the respective purchase and sale agreement. Contingent consideration arrangements, including amounts funded through an escrow account, are recorded upon acquisition of the respective property at their estimated fair value, and any changes to the estimated fair value, subsequent to acquisition, are reflected in the accompanying consolidated statements of operations. The determination of the amount of contingent consideration arrangements is based on the probability of several possible outcomes as identified by management. The amounts recorded are carried at fair value, with any changes in fair value included in net income.
	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 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 unconsolidated joint ventures	'
	Investment in Unconsolidated Joint Ventures
	The Company accounts for unconsolidated joint venture arrangements using the equity method of accounting as the Company has the ability to exercise significant influence, but not control, over operating and financial policies of these investments. The equity method of accounting requires the investment to be initially recorded at cost and subsequently adjusted for the Company’s share of equity in the joint ventures’ earnings and distributions. The Company is required to determine whether an event or change in circumstances has occurred that may have a significant adverse effect on the fair value of its investment in the joint venture. If an event or change in circumstance has occurred, the Company is required to evaluate the joint venture for potential impairment and determine if the carrying amount of its investment exceeds its fair value. An impairment charge is recorded when an impairment is deemed to be other-than-temporary. To determine whether an impairment is other-than-temporary, the Company considers whether it has the ability and intent to hold the investment until the carrying amount is fully recovered. The evaluation of an investment in a joint venture for potential impairment requires the Company’s management to exercise significant judgment and to make certain assumptions. The use of different judgments and assumptions could result in different conclusions. No impairment indicators were identified and no impairment losses were recorded related to the Company’s unconsolidated joint venture arrangement during the year ended December 31, 2013. The Company did not own any interests in joint venture arrangements during the year ended December 31, 2012.
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 was $5.1 million and $523,000 of escrowed investor proceeds for which shares of common stock had not been issued as of December 31, 2013 and 2012, respectively. In addition, the Company had $2.6 million held by lenders in lockbox accounts, as of December 31, 2013. As part of certain debt agreements, rents from certain encumbered properties are deposited directly into a lockbox account, from which the monthly debt service payment is disbursed to the lender and the excess is disbursed to the Company. Also included in restricted cash as of December 31, 2013 was $513,000 held by lenders in escrow accounts for real estate taxes and other lender reserves for certain properties, in accordance with the respective lender’s loan agreement. There were no amounts held by lenders as of 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.
Prepaid expenses	'
	Prepaid Expenses
	Prepaid expenses 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 $3.1 million and $524,000 for the years ended December 31, 2013 and 2012, respectively, and was included in interest expense in the consolidated statements of operations.
Concentration of credit risk	'
	Concentration of Credit Risk
	As of December 31, 2013, the Company had cash on deposit, including restricted cash, at nine financial institutions, in six of which the Company had deposits in excess of federally insured levels totaling $307.2 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. The Company had certain geographic concentrations in its property holdings. In particular, as of December 31, 2013, 45 of the Company’s properties were located in Texas and five were located in California, which accounted for 13% and 12%, respectively, of the Company’s 2013 gross annualized rental revenues. In addition, the Company had tenants in the drugstore and discount store industries, which comprised 13% and 12%, respectively, of the Company’s 2013 gross annualized rental revenues.
Offering and related costs	'
	Offering and Related Costs
	CR IV Advisors funds all of the organization and offering costs on the Company’s behalf (excluding selling commissions and dealer manager fees) and may be reimbursed for such costs up to 2.0% of gross proceeds from the Offering. As of December 31, 2013, CR IV Advisors had paid organization and offering costs in excess of the 2.0% 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 2.0% of gross proceeds from the Offering. As a result of additional proceeds raised from the Offering in 2014, these excess costs may become payable. When recorded by the Company, organization costs are expensed as incurred and offering costs, which include items such as legal and accounting fees, marketing and personnel, promotional and printing costs, are recorded as a reduction of capital in excess of par value along with selling commissions and dealer manager fees in the period in which they become payable.
Due to affiliates	'
	Due to Affiliates
	Certain affiliates of CR IV Advisors received, and will continue to receive fees, reimbursements and compensation in connection with services provided relating to the Offering and the acquisition, management, financing and leasing of the properties of the Company.
Derivative Instruments and Hedging Activities	'
	Derivative Instruments and Hedging Activities
	The Company accounts for its derivative instruments at fair value. Accounting for changes in the fair value of a derivative instrument depends on the intended use of the derivative instrument and the designation of the derivative instrument. The change in fair value of the effective portion of the derivative instrument that is designated as a hedge is recorded as other comprehensive income (loss). The changes in fair value for derivative instruments that are not designated as a hedge or that do not meet the hedge accounting criteria are recorded as a gain or loss to operations.
Redeemable common stock	'
	Redeemable Common Stock
	Under the Company’s share redemption program, the Company’s requirement to redeem shares of its outstanding common stock is limited, among other things, to the net proceeds received by the Company from the sale of shares under the DRIP, net of shares redeemed to date. 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. Changes in the amount of redeemable common stock from period to period are recorded as an adjustment to capital in excess of par value.
Interest	'
	Interest
	Interest is charged to interest expense as it accrues. No interest costs were capitalized during the years ended December 31, 2013 and 2012.
Distributions payable and distribution policy	'
	Distributions Payable and Distribution Policy
	In order to maintain its status as a REIT, the Company is required to, among other things, make distributions each taxable year equal to at least 90% of its taxable income (computed without regard to the dividends paid deduction and excluding net capital gains). To the extent that funds are available, the Company intends to pay regular distributions to stockholders. Distributions are paid to stockholders of record as of applicable record dates.
	The Company’s board of directors authorized a daily distribution, based on 365 days in the calendar year, of $0.001712523 per share (which equates to 6.25% on an annualized basis calculated at the current rate, assuming a $10.00 per share purchase price) for stockholders of record as of the close of business on each day of the period commencing on January 1, 2013 and ending on December 31, 2013. As of December 31, 2013, the Company had distributions payable of $10.6 million.
Reportable segments	'
	Reportable Segments
	The Company’s operating segment consists of commercial properties, which include activities related to investing in real estate such as retail, office and distribution properties and other real estate related assets. 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 one reportable segment.
Revenue recognition	'
	Revenue Recognition
	Certain properties have leases where minimum rental payments increase during the term of the lease. The Company records rental income 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 purpose 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.
Earnings (loss) Per Share	'
	Earnings (Loss) Per Share
	Earnings (loss) per share are calculated based on the weighted average number of common shares outstanding during each period presented. Diluted income (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 and 2012.
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 Company will generally not be subject to federal corporate income tax to the extent it distributes its taxable income to its stockholders, and so long as it, among other things, distributes at least 90% of its annual taxable income (computed without regard to the dividends paid deduction and excluding net capital gains). REITs are subject to a number of other organizational and operational requirements. Even if the Company maintains its qualification for taxation as a REIT, it or its subsidiaries may be subject to certain state and local taxes on its income and property, and federal income and excise taxes on its undistributed income.
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 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	'
	Real estate assets, other than land, are depreciated or amortized on a straight-line basis. The estimated useful lives of the Company’s real estate assets by class are generally as follows:
	Buildings	40 years
	Tenant improvements	Lesser of useful life or lease term
	Intangible lease assets	Lease term

Fair_Value_Measurements_Fair_V

Fair Value Measurements Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2013
Fair Value Disclosures [Abstract]	'
Schedule of fair value, assets and liabilities measured on recurring basis	'
	In accordance with the fair value hierarchy described above, the following tables show the fair value of the Company’s financial liabilities that are required to be measured at fair value on a recurring basis as of December 31, 2013 and 2012 (in thousands):
		Balance as of			Quoted Prices in		Significant Other			Significant
		31-Dec-13			Active Markets for		Observable Inputs			Unobservable
					Identical Assets		(Level 2)			Inputs
					(Level 1)					(Level 3)
	Liabilities:
	Interest rate swaps	$	(2,252	)	$	—	$	(2,252	)	$	—
	Contingent consideration	(784		)	—		—			(784		)
	Total liabilities	$	(3,036	)	$	—	$	(2,252	)	$	(784	)
		Balance as of			Quoted Prices in		Significant Other			Significant
		December 31, 2012			Active  Markets for		Observable  Inputs			Unobservable
					Identical Assets		(Level 2)			Inputs
					(Level 1)					(Level 3)
	Liabilities:
	Contingent consideration	$	(708	)	$	—	$	—		$	(708	)

Real_Estate_Acquistions_Tables

Real Estate Acquistions (Tables)	12 Months Ended
	Dec. 31, 2013
Business Combinations [Abstract]	'
Schedule of purchase price allocation	'
	The following table summarizes the purchase price allocation (in thousands):
			December 31, 2013
	Land	$	390,781
	Building and improvements		1,103,390
	Acquired in-place leases		175,520
	Acquired above market leases		26,921
	Acquired below market leases		(31,802	)
	Total purchase price	$	1,664,810
	The following table summarizes the purchase price allocation (in thousands):
			December 31, 2012
	Land	$	146,873
	Building and improvements		317,553
	Acquired in-place leases		54,958
	Acquired above market leases		3,237
	Acquired below market leases		(7,919	)
	Total purchase price	$	514,702
Business acquisition, pro forma information	'
	The table below presents the Company’s estimated revenue and net income (loss), on a pro forma basis, for the years ended December 31, 2013 and 2012 (in thousands):
		Year Ended December 31,
		2013			2012
	Pro forma basis (unaudited):
	Revenue	$	181,859		$	147,515
	Net income (loss)	$	44,490		$	(30,842	)
	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 December 31,
		2012			2011
	Pro forma basis (unaudited):
	Revenue	$	45,096		$	45,096
	Net income	$	18,510		$	4,217

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	'
	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 $12,523 and
		$871, respectively (with a weighted average life remaining of 13.4 years and
		15.7 years, respectively)		$	218,407		$	54,087
	Acquired above market leases, net of accumulated amortization of $1,975 and
		$36, respectively (with a weighted average life remaining of 11.4 years and
		17.1 years, respectively)		28,194			3,201
				$	246,601		$	57,288
Schedule of finite-lived intangible assets, future amortization expense	'
	Estimated amortization expense related to the intangible lease assets as of December 31, 2013 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		$	21,795		$	3,567
	2015		$	20,601		$	3,411
	2016		$	19,348		$	3,249
	2017		$	18,763		$	3,139
	2018		$	17,457		$	2,485

Derivative_Instruments_and_Hed1

Derivative Instruments and Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

'

Schedule of derivative instruments

'

The Company did not have any executed swap agreements as of December 31, 2012.

Outstanding Notional

Fair Value of Liabilities

Balance Sheet

Amount as of

Interest

Effective

Maturity

December 31,

December 31,

Location

31-Dec-13

Rates (1)

Dates

Dates

2013

2012

Interest Rate Swaps

Deferred rental income and other liabilities

$

338,737

3.36% to 4.75%

6/24/2013 to 8/23/2013

6/24/2018 to 8/24/2020

$

(2,252

)

$

—

-1

The interest rates consist of the underlying index swapped to a fixed rate and the applicable interest rate spread.

Schedule of derivative instruments, gain (loss) in statement of financial performance

'

The following table summarizes the unrealized losses on the Company’s derivative instruments and hedging activities during the year ended December 31, 2013 (in thousands). The Company did not own any derivative instruments during the year ended December 31, 2012.

Amount of Loss Recognized in Other

Comprehensive Loss

Year Ended December 31,

Derivatives in Cash Flow Hedging Relationships

2013

2012

Interest Rate Swaps (1)

$

(2,252

)

$

—

-1

There were no portions of the change in the fair value of the interest rate swap agreements that were considered

ineffective during the year ended December 31, 2013. No previously effective portions of the losses

that were recorded in accumulated other comprehensive loss during the term of the hedging relationships were

reclassified into earnings during the year ended December 31, 2013.

Notes_Payable_And_Credit_Facil1

Notes Payable And Credit Facility Notes Payable And Credit Facility (Tables)	12 Months Ended
	Dec. 31, 2013
Debt Disclosure [Abstract]	'
Schedule of debt	'
	As of December 31, 2013, the Company had $696.9 million of debt outstanding, with a weighted average years to maturity of 7.1 years and weighted average interest rate of 3.7%. The following table summarizes the debt balances as of December 31, 2013 and 2012, and the debt activity for the year ended December 31, 2013 (in thousands):
		Balance as of			During the Year Ended December 31, 2013					Balance as of
		December 31, 2012			Debt Issuance		Repayments			31-Dec-13
	Fixed rate debt	$	75,000		$	321,946	$	—		$	396,946
	Credit facility	136,868			438,705		(275,573		)	300,000
	Bridge facility	62,726			210,191		(272,917		)	—
	Total	$	274,594		$	970,842	$	(548,490	)	$	696,946
Schedule of maturities of long-term debt	'
	The following table summarizes the scheduled aggregate principal repayments for the Company’s outstanding debt as of December 31, 2013 for each of the five succeeding fiscal years and the period thereafter (in thousands):
	Year Ending December 31,		Principal Repayments
	2014		$	—
	2015		—
	2016		—
	2017		—
	2018		323,737
	Thereafter		373,209
	Total		$	696,946

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 $2,237
		and $109, respectively (with a weighted average life remaining of 11.6 years
		and 16.1 years, respectively)		$	37,485	$	7,810
Schedule of finite-lived intangible assets, future amortization expense	'
	Estimated amortization of the intangible lease liabilities as of December 31, 2013 for each of the five succeeding fiscal years is as follows (in thousands):
	Year Ending December 31,		Amortization of Below Market Leases
	2014		$	4,091
	2015		$	3,945
	2016		$	3,823
	2017		$	3,756
	2018		$	3,611

Supplemental_Cash_Flow_Disclos1

Supplemental Cash Flow Disclosures (Tables)	12 Months Ended
	Dec. 31, 2013
Supplemental Cash Flow Elements [Abstract]	'
Schedule of cash flow, supplemental disclosures	'
	Supplemental cash flow disclosures for the years ended December 31, 2013, 2012 and 2011 are as follows (in thousands):
		Year Ended December 31,
		2013			2012		2011
	Supplemental Disclosures of Non-Cash Investing and Financing Activities:
	Distributions declared and unpaid	$	10,569		$	1,456	$	—
	Accrued other offering costs due to affiliates	$	4,937		$	1,661	$	—
	Accrued capital expenditures	$	1,760		$	2,815	$	—
	Common stock issued through distribution reinvestment plan	$	25,702		$	1,964	$	—
	Net unrealized loss on interest rate swaps	$	(2,252	)	$	—	$	—
	Contingent consideration recorded upon property acquisitions	$	553		$	708	$	—
	Fair value of assumed bond obligations	$	—		$	591	$	—
	Supplemental Cash Flow Disclosures:
	Interest paid	$	17,474		$	783	$	—

RelatedParty_Transactions_and_1

Related-Party Transactions and Arrangements - (Tables)	12 Months Ended
	Dec. 31, 2013
Related Party Transactions [Abstract]	'
Schedule of related party transactions	'
	The Company recorded commissions, fees and expense reimbursements as shown in the table below for services provided by CR IV Advisors or its affiliates related to the services described above during the periods indicated (in thousands):
		Year Ended December 31,
		2013		2012
	Offering:
	Selling commissions	$	122,082	$	20,107
	Selling commissions reallowed by CCC	$	122,082	$	20,107
	Dealer manager fees	$	35,685	$	5,944
	Dealer manager fees reallowed by CCC	$	20,183	$	3,104
	Other organization and offering expenses	$	36,179	$	5,983
	The Company recorded fees and expense reimbursements as shown in the table below for services provided by CR IV Advisors or its affiliates related to the services described above during the periods indicated (in thousands):
		Year Ended December 31,
		2013		2012
	Acquisition and Operations:
	Acquisition fees and expenses	$	35,109	$	10,342
	Advisory fees and expenses	$	10,549	$	812
	Operating expenses	$	2,905	$	138

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 the Company paid on a percentage basis for the years ended December 31, 2013 and 2012:
		Year Ended December 31,
	Character of Distributions (Unaudited):	2013		2012
	Ordinary dividends	60	%	72	%
	Nontaxable distributions	40	%	28	%
	Total	100	%	100	%

Operating_Leases_Operating_Lea

Operating Leases Operating Leases (Tables)	12 Months Ended
	Dec. 31, 2013
Leases [Abstract]	'
Schedule of future minimum rental payments for operating leases	'
	he future minimum rental income from the Company’s investment in real estate assets under non-cancelable operating leases, assuming no exercise of renewal options, as of December 31, 2013, was as follows (in thousands):
	Year Ending December 31,	Future Minimum Rental Income
	2014	$	164,332
	2015	163,268
	2016	159,424
	2017	157,051
	2018	150,046
	Thereafter	1,252,354
		$	2,046,475

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 for per share amounts). In the opinion of management, the information for the interim periods presented includes all adjustments which are of a normal and recurring nature, necessary to present a fair presentation of the results for each period.
		31-Dec-13
		First Quarter			Second Quarter			Third Quarter			Fourth Quarter
	Revenues	$	11,405		$	21,773		$	30,326		$	39,053
	Acquisition related expenses	$	5,639		$	14,551		$	10,356		$	17,740
	Operating (loss) income	$	(1,055	)	$	(6,051	)	$	552		$	(4,142	)
	Net loss	$	(3,795	)	$	(11,669	)	$	(6,588	)	$	(10,828	)
	Basic and diluted net loss per common share (1)	$	(0.04	)	$	(0.13	)	$	(0.07	)	$	(0.12	)
	Distributions declared per common share	$	0.15		$	0.16		$	0.16		$	0.16
	(1) Based on the weighted average number of shares outstanding as of December 31, 2013.
		31-Dec-12
		First Quarter			Second Quarter			Third Quarter			Fourth Quarter
	Revenues	$	—		$	648		$	1,847		$	5,342
	Acquisition related expenses	$	—		$	1,949		$	2,611		$	9,811
	Operating loss	$	(35	)	$	(1,866	)	$	(2,368	)	$	(7,747	)
	Net loss	$	(35	)	$	(2,119	)	$	(2,732	)	$	(8,858	)
	Basic and diluted net loss per common share (1)	$	(0.00	)	$	(0.25	)	$	(0.32	)	$	(1.03	)
	Distributions declared per common share	$	—		$	0.16		$	0.16		$	0.16
	(1) Based on the weighted average number of shares outstanding as of December 31, 2012.

Organization_and_Business_Deta

Organization and Business (Details) (USD $)

12 Months Ended

26 Months Ended

23 Months Ended

12 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Mar. 25, 2014

Dec. 31, 2013

Jan. 26, 2012

Mar. 25, 2014

Dec. 19, 2013

Mar. 25, 2014

Jan. 26, 2012

Jan. 26, 2012

Dec. 31, 2013

Dec. 31, 2013

Property

Subsequent event

Initial public offering

Initial public offering

Primary offering

Distribution reinvestment plan

Distribution reinvestment plan

Distribution reinvestment plan

Maximum

CCPT IV OP

Unconsolidated joint venture

states

Subsequent event

Subsequent event

Initial public offering

Initial public offering

Property

sqft

sqft

Organization and business [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

General partner partnership interest percentage

'

'

'

'

'

'

'

'

'

'

100.00%

'

Common stock, shares issued

'

'

'

'

$2,975,000,000

'

'

'

'

'

'

'

Common stock, shares authorized (in shares)

490,000,000

490,000,000

'

'

'

'

'

'

5,500,000

292,300,000

'

'

Share price (in dollars per share)

$10

'

'

'

$10

'

'

'

$9.50

'

'

'

Issuance of common stock, shares (in shares)

'

'

297,300,000

211,100,000

'

'

'

'

'

'

'

'

Issuance of common stock

1,807,820,000

298,438,000

2,964,300,000

2,100,000,000

'

'

'

'

'

'

'

'

Offering costs, selling commissions, and dealer management fees

'

'

'

($226,000,000)

'

'

'

'

'

'

'

'

Common stock, shares subscribed but unissued

'

'

'

'

'

292,267,989

'

5,100,000

'

'

'

'

Common stock shares registered dividend reinvestment plan

'

'

'

'

'

'

26,000,000

'

'

'

'

'

Number of owned properties (in number of properties)

337

'

'

'

'

'

'

'

'

'

'

1

Rentable square feet (in square feet)

10,800,000

'

'

'

'

'

'

'

'

'

'

176,000

Number of states in which entity owns properties (in number of states)

38

'

'

'

'

'

'

'

'

'

'

'

Percentage of rentable space leased

98.60%

'

'

'

'

'

'

'

'

'

'

'

Summary_of_Significant_Account3

Summary of Significant Accounting Policies - Narative (Details) (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Valuation of real estate and related assets [Line Items]	'	'	'
Restricted cash	$8,193	$523	'
Amortization of deferred financing costs	3,056	524	0
Dividend, common stock and preferred stock, number of days in the calendar year for the daily distribution	'365 days	'	'
Common stock and preferred stock, dividends, daily amount per share authorized (in dollars per share)	$0.00	'	'
Dividends, yield	6.25%	'	'
Share price (in dollars per share)	$10	'	'
Distributions payable	10,569	1,456	0
Advisors | Other organization and offering expenses | Maximum	'	'	'
Valuation of real estate and related assets [Line Items]	'	'	'
Organization and offering expense	2.00%	'	'
Restricted cash, investor proceeds for which shares of common stock had not been issued	'	'	'
Valuation of real estate and related assets [Line Items]	'	'	'
Restricted cash	5,100	523	'
Restricted cash, rents from certain encumbered properties	'	'	'
Valuation of real estate and related assets [Line Items]	'	'	'
Restricted cash	2,600	'	'
Restricted cash, tenant and capital improvements, leasing commissions, repairs and maintenance and other lender reserves for certain properties	'	'	'
Valuation of real estate and related assets [Line Items]	'	'	'
Restricted cash	$513	$0	'
Building	'	'	'
Valuation of real estate and related assets [Line Items]	'	'	'
Acquired real estate asset, useful life	'40 years	'	'

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
	Property
	financial_institutions
Concentration Risk [Line Items]	'
Cash on deposit, number of financial institutions	9
Cash on deposit, number of financial institutions which had deposits in excess of current federally insured limits	6
Concentration risk, credit risk, financial instrument, maximum exposure	$307.20
Number of owned properties (in number of properties)	337
Texas	'
Concentration Risk [Line Items]	'
Number of owned properties (in number of properties)	45
California	'
Concentration Risk [Line Items]	'
Number of owned properties (in number of properties)	5
Gross annualized rental revenue | Credit concentration risk | Texas	'
Concentration Risk [Line Items]	'
Concentration risk, percentage	13.00%
Gross annualized rental revenue | Credit concentration risk | California	'
Concentration Risk [Line Items]	'
Concentration risk, percentage	12.00%
Gross annualized rental revenue | Customer concentration risk | Drugstore industry	'
Concentration Risk [Line Items]	'
Concentration risk, percentage	13.00%
Gross annualized rental revenue | Customer concentration risk | Discount store industry	'
Concentration Risk [Line Items]	'
Concentration risk, percentage	12.00%

Fair_Value_Measurements_Detail

Fair Value Measurements (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'	'
Contingent consideration, liabilities increase (decrease) in fair value	$553,000	$708,000	$0
Fair value, measurements, recurring	'	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'	'
Interest rate swaps	-2,252,000	'	'
Contingent consideration	-784,000	-708,000	'
Total liabilities	-3,036,000	'	'
Quoted Prices in Active Markets for Identical Assets (Level 1) | Fair value, measurements, recurring	'	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'	'
Interest rate swaps	0	'	'
Contingent consideration	0	0	'
Total liabilities	0	'	'
Significant Other Observable Inputs (Level 2) | Fair value, measurements, recurring	'	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'	'
Interest rate swaps	-2,252,000	'	'
Contingent consideration	0	0	'
Total liabilities	-2,252,000	'	'
Significant Unobservable Inputs (Level 3)	'	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'	'
Contingent consideration assets, purchase, sale, issuances and transfers	'	0	'
Fair value assets and liabilities, transfers amount	0	'	'
Significant Unobservable Inputs (Level 3) | Fair value, measurements, recurring	'	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'	'
Interest rate swaps	0	'	'
Contingent consideration	-784,000	-708,000	'
Total liabilities	-784,000	'	'
Estimate of fair value | Significant Other Observable Inputs (Level 2)	'	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'	'
Lines of credit, fair value disclosure	682,100,000	274,600,000	'
Estimate of fair value | Significant Unobservable Inputs (Level 3)	'	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'	'
Contingent consideration, additional consideration expected to be received	553,000	'	'
Contingent consideration, liabilities increase (decrease) in fair value	-22,000	'	'
Contingent consideration assets, purchase, sale, issuances and transfers	-455,000	'	'
Contingent consideration	-784,000	-708,000	'
Carrying value	'	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'	'
Lines of credit, fair value disclosure	$696,900,000	$274,600,000	'

Real_Estate_Acquisitions_Detai

Real Estate Acquisitions (Details) (USD $)

3 Months Ended

12 Months Ended

12 Months Ended

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, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

2013 acquisitions

2013 acquisitions

2013 acquisitions

2013 acquisitions

2013 acquisitions

2012 acquisitions

2012 acquisitions

2012 acquisitions

2012 acquisitions

2012 acquisitions

Property

Acquired in-place leases

Acquired above market leases

Acquired below market leases

Property

Acquired in-place leases

Acquired above market leases

Acquired below market leases

Business Acquisition [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of businesses acquired (in properties)

'

'

'

'

'

'

'

'

'

'

248

'

'

'

'

89

'

'

'

'

Aggregate purchase price

'

'

'

'

'

'

'

'

'

'

$1,664,800,000

'

'

'

'

$514,700,000

'

'

'

'

Business Acquisition, Purchase Price Allocation [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Land

'

'

'

'

'

'

'

'

'

'

390,781,000

'

'

'

'

146,873,000

'

'

'

'

Building and improvements

'

'

'

'

'

'

'

'

'

'

1,103,390,000

'

'

'

'

317,553,000

'

'

'

'

Acquired in-place and above market leases

'

'

'

'

'

'

'

'

'

'

'

'

175,520,000

26,921,000

'

'

'

54,958,000

3,237,000

'

Acquired below market leases

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-31,802,000

'

'

'

'

-7,919,000

Total purchase price

'

'

'

'

'

'

'

'

'

'

1,664,810,000

'

'

'

'

514,702,000

'

'

'

'

Pro forma basis (unaudited)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Revenue of acquiree since acquisition date

'

'

'

'

'

'

'

'

'

'

60,400,000

'

'

'

'

7,800,000

'

'

'

'

Loss of acquiree since acquisition date

'

'

'

'

'

'

'

'

'

'

-25,700,000

'

'

'

'

13,700,000

'

'

'

'

Revenue

'

'

'

'

'

'

'

'

'

'

181,859,000

147,515,000

'

'

'

45,096,000

45,096,000

'

'

'

Net income (loss)

'

'

'

'

'

'

'

'

'

'

44,490,000

-30,842,000

'

'

'

18,510,000

4,217,000

'

'

'

Acquisition related expenses

17,740,000

10,356,000

14,551,000

5,639,000

9,811,000

2,611,000

1,949,000

0

48,286,000

14,371,000

48,300,000

'

'

'

'

14,400,000

'

'

'

'

Investment in unconsolidated joint venture

$19,124,000

'

'

'

$0

'

'

'

$19,124,000

$0

$18,900,000

'

'

'

'

'

'

'

'

'

Intangible_Lease_Assets_Detail

Intangible Lease Assets (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Finite-Lived Intangible Assets, Net [Abstract]	'	'
Intangible lease assets, less accumulated amortization of $14,498 and $907, respectively	$246,601	$57,288
Accumulated amortization of intangible lease assets	14,498	907
In-place leases	'	'
Finite-Lived Intangible Assets, Net [Abstract]	'	'
Intangible lease assets, less accumulated amortization of $14,498 and $907, respectively	218,407	54,087
Accumulated amortization of intangible lease assets	12,523	871
Finitel-lived intangible asset, useful life	'13 years 4 months 24 days	'15 years 8 months 12 days
Amortization of intangible assets	11,700	871
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]	'	'
2014	21,795	'
2015	20,601	'
2016	19,348	'
2017	18,763	'
2018	17,457	'
Above market leases	'	'
Finite-Lived Intangible Assets, Net [Abstract]	'	'
Intangible lease assets, less accumulated amortization of $14,498 and $907, respectively	28,194	3,201
Accumulated amortization of intangible lease assets	1,975	36
Finitel-lived intangible asset, useful life	'11 years 4 months 24 days	'17 years 1 month 6 days
Amortization of intangible assets	1,900	36
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]	'	'
2014	3,567	'
2015	3,411	'
2016	3,249	'
2017	3,139	'
2018	$2,485	'

Derivative_Instrument_Details

Derivative Instrument (Details) (Cash flow hedging, Interest Rate Swaps, USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Derivatives, Fair Value [Line Items]	'	'
Amount of Loss Recognized in Other Comprehensive Loss	($2,252)	$0
Deferred rental income and other liabilities	'	'
Derivatives, Fair Value [Line Items]	'	'
Outstanding Notional Amount	338,737	'
Interest Rate	1.71%	'
Fair Value of Liabilities	$2,252	$0
Deferred rental income and other liabilities | Minimum	'	'
Derivatives, Fair Value [Line Items]	'	'
Interest Rate	3.36%	'
Effective Date	24-Jun-13	'
Maturity Date	24-Jun-18	'
Deferred rental income and other liabilities | Maximum	'	'
Derivatives, Fair Value [Line Items]	'	'
Interest Rate	4.75%	'
Effective Date	23-Aug-13	'
Maturity Date	24-Aug-20	'

Notes_Payable_And_Credit_Facil2

Notes Payable And Credit Facility Notes Payable And Credit Facility (Details) (USD $)

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, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Apr. 12, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Mortgage notes payable

Mortgage notes payable

Mortgage notes payable

Mortgage notes payable

Mortgage notes payable

Bridge loan

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

Line of credit

Line of credit

Line of credit

Line of credit

Line of credit

Unsecured debt

Unsecured debt

Unsecured debt

Cash flow hedging

Cash flow hedging

Cash flow hedging

Fixed rate debt

Fixed rate debt

Fixed rate debt

Fixed rate debt, variable rate debt fixed through the use of interest rate swaps

JPMorgan Chase, Bridge facility

JPMorgan Chase, Revolving credit facility

JPMorgan Chase, Revolving credit facility

JPMorgan Chase, Revolving credit facility

JPMorgan Chase, Revolving credit facility

JPMorgan Chase, Revolving credit facility

JPMorgan Chase, Revolving credit facility

JPMorgan Chase, Revolving credit facility

Eurodollar rate loan

Eurodollar rate loan

Base rate committed loans

Base rate committed loans

Floating rate loan

Floating rate loan

Affliate line of credit

JPMorgan Chase, Revolving credit facility

JPMorgan Chase, Revolving credit facility

JPMorgan Chase, Revolving credit facility

Deferred rental income and other liabilities

Deferred rental income and other liabilities

Deferred rental income and other liabilities

Minimum

Maximum

Revolving credit facility

Revolving credit facility

Revolving credit facility

Revolving credit facility

Revolving credit facility

Revolving credit facility

Revolving credit facility

Revolving credit facility

Revolving credit facility

Revolving credit facility

Revolving credit facility

Revolving credit facility

Revolving credit facility

Subordinate revolving line of credit

Revolving credit facility

Term loan

Revolving loans

Interest Rate Swaps

Interest Rate Swaps

Interest Rate Swaps

Minimum

Maximum

Prior to August 15, 2014

From and after August 15, 2014

From and after August 15, 2014, but prior to August 15, 2016

From and after August 15, 2016

Leverage Ratio Not to Exceed Sixty-Five Percent or Sixty Percent on or Subsequent to August Fifteenth, 2018 [Member]

Leverage Ratio Not to Exceed Sixty-Five Percent or Sixty Percent on or Subsequent to August Fifteenth, 2018 [Member]

Leverage Ratio Not to Exceed Sixty-Five Percent or Sixty Percent on or Subsequent to August Fifteenth, 2018 [Member]

Leverage Ratio Not to Exceed Sixty-Five Percent or Sixty Percent on or Subsequent to August Fifteenth, 2018 [Member]

Federal funds rate plus

One-Month LIBOR

Series c, llc

Minimum

Maximum

Minimum

Minimum

Minimum

Minimum

Minimum

Maximum

Minimum

Maximum

London Interbank Offered Rate (LIBOR) [Member]

London Interbank Offered Rate (LIBOR) [Member]

Base Rate [Member]

Base Rate [Member]

Debt [Roll Forward]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Notes payable and credit facility, beginning balance

$274,594,000

'

'

'

$75,000,000

'

'

$38,700,000

$62,726,000

$136,868,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Debt Issuance

970,842,000

316,054,000

0

'

321,946,000

'

'

'

210,191,000

438,705,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Repayments

-548,490,000

'

'

'

0

'

'

'

-272,917,000

-275,573,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Notes payable and credit facility, ending balance

696,946,000

274,594,000

'

'

396,946,000

'

'

38,700,000

0

300,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Debt instrument, weighted average years to maturity

'7 years 1 month 6 days

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Debt, weighted average interest rate

3.70%

'

'

'

'

'

'

'

'

3.36%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Debt security, amount, aggregate gross real estate assets net of gross intangible lease liabilities

'

'

'

682,400,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Debt instrument, collateral pledged

'

'

'

'

'

'

'

'

'

1,279,400,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Debt instrument, basis spread on variable rate

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0.50%

1.00%

'

'

'

'

'

'

'

Interest Rate

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1.71%

3.36%

4.75%

Line of credit, current borrowing capacity

'

'

'

'

'

'

'

'

'

529,600,000

'

'

'

'

'

'

'

'

'

'

'

'

10,000,000

'

300,000,000

'

'

'

'

Line of credit, maximum borrowing capacity

'

'

'

'

'

'

'

'

'

1,250,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

900,000,000

'

600,000,000

'

'

'

Derivative, basis spread on variable rate

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1.65%

2.50%

0.65%

1.50%

'

'

'

'

'

'

'

'

'

Line of credit fixed interest rate

'

'

'

'

'

3.35%

4.75%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

4.50%

'

'

'

'

'

'

Line of credit facility, covenant, minimum consolidated net worth

'

'

'

'

'

'

'

'

'

'

1,300,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Line of credit facility, covenant, leverage ratio

'

'

'

'

'

'

'

'

'

'

'

'

65.00%

60.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Debt instrument, covenant, fixed charge coverage ratio

'

'

'

'

'

'

'

'

'

'

'

1.5

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Debt instrument, covenant, unsecured debt to unencumbered asset value ratio

'

'

'

'

'

'

'

'

'

'

'

'

65.00%

60.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Line of credit facility, covenant, unsecured debt service coverage ratio

'

'

'

'

'

'

'

'

'

'

'

1.75

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Line of credit facility, covenant, secured debt ratio

'

'

'

'

'

'

'

'

'

'

'

'

50.00%

'

45.00%

40.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

Long-term Debt, Fiscal Year Maturity [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2014

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2015

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2016

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2017

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2018

323,737,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Thereafter

373,209,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total

$696,946,000

$274,594,000

'

'

$396,946,000

'

'

$38,700,000

$0

$300,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Acquired_Below_Market_Lease_In2

Acquired Below Market Lease Intangibles (Details) (Acquired below market leases, USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Acquired below market leases	'	'
Finite-Lived Intangible Liabilities, Net [Abstract]	'	'
Acquired below-market leases, net of accumulated amortization	$37,485	$7,810
Amortization of intangible liabilities	2,100	109
Accumulated amortization	2,237	109
Useful life	'11 years 7 months 6 days	'16 years 1 month 6 days
Finite-Lived Intangible Liabilities, Net, Amortization Expense, Fiscal Year Maturity [Abstract]	'	'
2014	4,091	'
2015	3,945	'
2016	3,823	'
2017	3,756	'
2018	$3,611	'

Supplemental_Cash_Flow_Disclos2

Supplemental Cash Flow Disclosures (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Supplemental Cash Flow Elements [Abstract]	'	'	'
Distributions declared and unpaid	$10,569	$1,456	$0
Accrued other offering costs due to affiliates	4,937	1,661	0
Accrued capital expenditures	1,760	2,815	0
Common stock issued through distribution reinvestment plan	25,702	1,964	0
Net unrealized loss on interest rate swaps	-2,252	0	0
Contingent consideration recorded upon property acquisitions	553	708	0
Fair value of assumed bond obligations	0	591	0
Supplemental Cash Flow Disclosures:	'	'	'
Interest paid	$17,474	$783	$0

Commitments_and_Contingencies_

Commitments and Contingencies (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2013
	Property
Capital addition purchase commitments	'
Unrecorded Unconditional Purchase Obligation [Line Items]	'
Ownership interest acquired	100.00%
Number of businesses acquired (in properties)	90
Aggregate purchase price	$257.40
Escrow deposit, property acquisition	8.5
Escrow deposit, potential forfeiture amount	7
Purchase agreement for twenty-five properties	'
Unrecorded Unconditional Purchase Obligation [Line Items]	'
Number of businesses acquired (in properties)	5
Number of remaining properties committed to purchase	20
Number of additional purchase agreements	1
Number of properties committed to purchase	25
Long-term purchase committment, contract non-purchase, amount	$10

RelatedParty_Transactions_and_2

Related-Party Transactions and Arrangements (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Related Party Transaction [Line Items]	'	'
Due to affiliates	$7,512,000	$2,156,000
Advisors	'	'
Related Party Transaction [Line Items]	'	'
Cumulative noncompounded annual return	8.00%	'
Advisors | Listing commission	'	'
Related Party Transaction [Line Items]	'	'
Commissions performance and other fees percent	15.00%	'
Advisors | Minimum	'	'
Related Party Transaction [Line Items]	'	'
Operating expense reimbursement percent	2.00%	'
Operating expense reimbursement percent of net income	25.00%	'
Series c, llc	'	'
Related Party Transaction [Line Items]	'	'
Ownership interest acquired	100.00%	'
Number of businesses acquired (in properties)	2	'
Aggregate purchase price	4,300,000	'
Series c, llc | Line of credit | Revolving credit facility	'	'
Related Party Transaction [Line Items]	'	'
Interest expense	'	39,000
Offering Costs [Member] | Advisors	'	'
Related Party Transaction [Line Items]	'	'
Payments to related parties	189,000,000	30,300,000
Due to affiliates	4,900,000	1,700,000
Selling commissions | Dealer manager commission | Maximum	'	'
Related Party Transaction [Line Items]	'	'
Commissions percentage on stock sales and related dealer manager fees	7.00%	'
Selling commissions | Advisors	'	'
Related Party Transaction [Line Items]	'	'
Related party transaction, expenses from transactions with related party	122,082,000	20,107,000
Selling commissions reallowed by CCC | Dealer manager commission reallowed	'	'
Related Party Transaction [Line Items]	'	'
Commissions percentage on stock sales and related dealer manager fees	100.00%	'
Selling commissions reallowed by CCC | Advisors	'	'
Related Party Transaction [Line Items]	'	'
Related party transaction, expenses from transactions with related party	122,082,000	20,107,000
Dealer manager fees | Dealer manager	'	'
Related Party Transaction [Line Items]	'	'
Commissions percentage on stock sales and related dealer manager fees	2.00%	'
Dealer manager fees | Advisors	'	'
Related Party Transaction [Line Items]	'	'
Related party transaction, expenses from transactions with related party	35,685,000	5,944,000
Dealer manager fees reallowed by CCC | Advisors	'	'
Related Party Transaction [Line Items]	'	'
Related party transaction, expenses from transactions with related party	20,183,000	3,104,000
Other organization and offering expenses | Advisors	'	'
Related Party Transaction [Line Items]	'	'
Related party transaction, expenses from transactions with related party	36,179,000	5,983,000
Other organization and offering expenses | Advisors | Maximum	'	'
Related Party Transaction [Line Items]	'	'
Organization and offering expense	2.00%	'
Acquisitions and Operations Costs [Member] | Advisors	'	'
Related Party Transaction [Line Items]	'	'
Payments to related parties	46,000,000	11,000,000
Due to affiliates	2,600,000	300,000
Acquisition fees and expenses | Advisors	'	'
Related Party Transaction [Line Items]	'	'
Related party transaction, expenses from transactions with related party	35,109,000	10,342,000
Acquisition fees and expenses | Advisors | Maximum	'	'
Related Party Transaction [Line Items]	'	'
Acquisition and advisory fee	6.00%	'
Acquisition fees and expenses | Advisors | Maximum | Contract purchase price of each asset	'	'
Related Party Transaction [Line Items]	'	'
Acquisition and advisory fee	2.00%	'
Advisory fees and expenses | Advisors	'	'
Related Party Transaction [Line Items]	'	'
Related party transaction, expenses from transactions with related party	10,549,000	812,000
Operating expenses | Advisors	'	'
Related Party Transaction [Line Items]	'	'
Related party transaction, expenses from transactions with related party	2,905,000	138,000
Property sales commission | Advisors | Contract sale price of each property	'	'
Related Party Transaction [Line Items]	'	'
Commissions performance and other fees percent	1.00%	'
Property portfolio | Advisors | Maximum	'	'
Related Party Transaction [Line Items]	'	'
Commissions performance and other fees percent	6.00%	'
Performance fee | Advisors	'	'
Related Party Transaction [Line Items]	'	'
Commissions performance and other fees percent	15.00%	'
Average invested assets between $0 to $2 billion | Advisors	'	'
Related Party Transaction [Line Items]	'	'
Asset management or advisory fees percent	0.75%	'
Average invested assets between $0 to $2 billion | Advisors | Maximum	'	'
Related Party Transaction [Line Items]	'	'
Average invested assets	2,000,000,000	'
Average invested assets between $0 to $2 billion | Advisors | Minimum	'	'
Related Party Transaction [Line Items]	'	'
Average invested assets	0	'
Average invested assets between $2 billion to $4 billion | Advisors	'	'
Related Party Transaction [Line Items]	'	'
Asset management or advisory fees percent	0.70%	'
Average invested assets between $2 billion to $4 billion | Advisors | Maximum	'	'
Related Party Transaction [Line Items]	'	'
Average invested assets	4,000,000,000	'
Average invested assets between $2 billion to $4 billion | Advisors | Minimum	'	'
Related Party Transaction [Line Items]	'	'
Average invested assets	2,000,000,000	'
Average invested assets over $4 billion | Advisors	'	'
Related Party Transaction [Line Items]	'	'
Asset management or advisory fees percent	0.65%	'
Average invested assets over $4 billion | Advisors | Minimum	'	'
Related Party Transaction [Line Items]	'	'
Average invested assets	$4,000,000,000	'

Stockholders_Equity_Details

Stockholders' Equity (Details) (USD $)	12 Months Ended					3 Months Ended	12 Months Ended			41 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013
				Distribution reinvestment plan	Distribution reinvestment plan	Maximum	Maximum	Common Stock	Common Stock	Common Stock
Equity, Class of Treasury Stock [Line Items]	'	'	'	'	'	'	'	'	'	'
Common stock, shares authorized (in shares)	490,000,000	490,000,000	'	'	'	'	'	'	'	'
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000	'	'	'	'	'	'	'	'
Common stock, var value (in dollars per share)	$0.01	$0.01	'	'	'	'	'	'	'	'
Preferred stock, par value (in dollars per share)	$0.01	$0.01	'	'	'	'	'	'	'	'
Issuance of common stock, shares (in shares)	'	'	'	'	'	'	'	181,205,760	29,923,549	20,000
Share price (in dollars per share)	$10	'	'	'	'	'	'	$10	'	$10
Dividend reinvestment plan, reinvestment share price	'	'	'	$9.50	'	'	'	'	'	'
Dividend reinvestment plan, termination notice period	'	'	'	'10 days	'	'	'	'	'	'
Shares issued pursuant to a distribution reinvestment plan (in shares)	'	'	'	2,706,000	207,000	'	'	'	'	'
Common stock issued through distribution reinvestment plan	$25,702	$1,964	$0	$25,700	$2,000	'	'	'	'	'
Redemptions of common stock	($1,182)	'	'	($1,183)	$0	'	'	'	'	'
Stock repurchase program, required holding period	'1 year	'	'	'	'	'	'	'	'	'
Stock redemption program, number of shares authorized to be repurchased, percentage of weighted average number of shares outstanding	'	'	'	'	'	1.25%	5.00%	'	'	'
Stock redemption program, redemption price per share, percentage of amount paid per share, after one year	95.00%	'	'	'	'	'	'	'	'	'
Stock redemption program, plan redemption price per share, percentage of amount paid per share, after two year	97.50%	'	'	'	'	'	'	'	'	'
Stock redemption program, plan redemption price per share, percentage of amount paid per share, after three year	100.00%	'	'	'	'	'	'	'	'	'
Stock redemption program, redemption priority, shares	'	'	'	'	'	'	250	'	'	'
Stock repurchase program, termination notice period	'30 days	'	'	'	'	'	'	'	'	'
Stock repurchased and retired during period, shares	123,000	'	'	'	'	'	'	'	'	'

Income_Taxes_Details

Income Taxes (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Income Tax Disclosure [Abstract]	'	'
Ordinary dividends	60.00%	72.00%
Nontaxable distributions	40.00%	28.00%
Total	100.00%	100.00%
Property, plant and equipment, land and real estate assets, net tax basis	$2,167,500,000	'
State and local income tax and franchise tax expense (benefit), continuing operations	$473,000	$113,000

Operating_Leases_Operating_Lea1

Operating Leases Operating Leases (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013
Leases [Abstract]	'
Operating leases of lessor, weighted average remaining lease term	'12 years 3 months 18 days
2014	$164,332
2015	163,268
2016	159,424
2017	157,051
2018	150,046
Thereafter	1,252,354
Total future minimum rental income	$2,046,475

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	$39,053		$30,326		$21,773		$11,405		$5,342		$1,847		$648		$0		$102,557	$7,837	'
Acquisition related expenses	17,740		10,356		14,551		5,639		9,811		2,611		1,949		0		48,286	14,371	'
Operating (loss) income	-4,142		552		-6,051		-1,055		-7,747		-2,368		-1,866		-35		-10,696	-12,016	'
Net loss	($10,828)		($6,588)		($11,669)		($3,795)		($8,858)		($2,732)		($2,119)		($35)		($32,880)	($13,744)	$0
Basic and diluted net loss per common share (in dollars per share)	($0.12)	[1]	($0.07)	[1]	($0.13)	[1]	($0.04)	[1]	($1.03)	[2]	($0.32)	[2]	($0.25)	[2]	$0	[2]	($0.36)	($1.60)	'
Distributions declared per common share (in dollars per share)	$0.16		$0.16		$0.16		$0.15		$0.16		$0.16		$0.16		$0		'	'	'
[1]	Based on the weighted average number of shares outstanding as of December 31, 2013.
[2]	Based on the weighted average number of shares outstanding as of December 31, 2012.

Subsequent_Events_Details

Subsequent Events - (Details) (USD $)

3 Months Ended

12 Months Ended

3 Months Ended

26 Months Ended

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, 2013

Dec. 31, 2012

Mar. 25, 2014

Mar. 25, 2014

Mar. 25, 2014

Line of credit

Line of credit

Subsequent event

Subsequent event

Subsequent event

JPMorgan Chase, Revolving credit facility

JPMorgan Chase, Revolving credit facility

Property

Line of credit

Revolving credit facility

Revolving credit facility

JPMorgan Chase, Revolving credit facility

Revolving credit facility

Subsequent Event

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Issuance of common stock

'

'

'

'

'

'

'

'

$1,807,820,000

$298,438,000

'

'

'

$2,964,300,000

'

Issuance of common stock, shares (in shares)

'

'

'

'

'

'

'

'

'

'

'

'

'

297,300,000

'

Notes payable and credit facility

696,946,000

'

'

'

274,594,000

'

'

'

696,946,000

274,594,000

300,000,000

136,868,000

'

'

300,000,000

Number of businesses acquired (in properties)

'

'

'

'

'

'

'

'

'

'

'

'

51

'

'

Aggregate purchase price

'

'

'

'

'

'

'

'

'

'

'

'

230,400,000

'

'

Acquisition related expenses

$17,740,000

$10,356,000

$14,551,000

$5,639,000

$9,811,000

$2,611,000

$1,949,000

$0

$48,286,000

$14,371,000

'

'

$6,300,000

'

'

Schedule_III_Real_Estate_Asset1

Schedule III - Real Estate Assets and Accumulated Depreciated (Details) (USD $)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012
	Property
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	$396,946,000		'
Initial Costs to Company	'		'
Land	537,655,000		'
Buildings and Improvements	1,420,943,000		'
Total Adjustment to Basis	2,110,000		'
Gross Amount at Which Carried At December 31, 2013	1,960,708,000	[1],[2]	464,539,000
Accumulated Depreciation	23,377,000		1,743,000
Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]	'		'
Balance, beginning of period	464,539,000		0
Additions	'		'
Acquisitions	1,494,171,000		464,426,000
Improvements	1,998,000		113,000
Total additions	1,496,169,000		464,539,000
Deductions	'		'
Cost of real estate sold	0		0
Adjustment to basis	0		0
Other (including provisions for impairment of real estate assets)	0		0
Total deductions	0		0
Balance, end of period	1,960,708,000	[1],[2]	464,539,000
Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]	'		'
Balance, beginning of period	1,743,000		0
Additions	'		'
Acquisitions - Depreciation Expense for Building, Acquisitions Costs & Tenant Improvements Acquired	21,624,000		1,743,000
Improvements - Depreciation Expense for Tenant Improvements and Building Equipment	10,000		0
Total additions	21,634,000		1,743,000
Deductions	'		'
Cost of real estate sold	0		0
Other (including provisions for impairment of real estate assets)	0		0
Total deductions	0		0
Balance, end of period	23,377,000		1,743,000
Number of single-tenant freestanding retail properties, owned	292		'
Number of multi-tenant retail properties, owned	45		'
Property, plant and equipment, land and real estate assets, net tax basis	2,167,500,000		'
Notes payable and credit facility	696,946,000		274,594,000
Building	'		'
Deductions	'		'
Acquired real estate asset, useful life	'40 years		'
Line of credit | Revolving credit facility | JPMorgan Chase, Revolving credit facility	'		'
Deductions	'		'
Notes payable and credit facility	300,000,000		136,868,000
24 Hour Fitness: | Fort Worth, TX	'		'
Initial Costs to Company	'		'
Land	1,519,000		'
Buildings and Improvements	7,449,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	8,968,000	[1],[2]	'
Accumulated Depreciation	60,000	[3],[4]	'
Deductions	'		'
Balance, end of period	8,968,000	[1],[2]	'
Deductions	'		'
Balance, end of period	60,000	[3],[4]	'
Aaron Rents: | Hillsboro , OH	'		'
Initial Costs to Company	'		'
Land	279,000		'
Buildings and Improvements	829,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,108,000	[1],[2]	'
Accumulated Depreciation	10,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,108,000	[1],[2]	'
Deductions	'		'
Balance, end of period	10,000	[3],[4]	'
Academy Sports: | Valdosta, GA	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	5,838,000		'
Initial Costs to Company	'		'
Land	2,482,000		'
Buildings and Improvements	5,922,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	8,404,000	[1],[2]	'
Accumulated Depreciation	110,000	[3],[4]	'
Deductions	'		'
Balance, end of period	8,404,000	[1],[2]	'
Deductions	'		'
Balance, end of period	110,000	[3],[4]	'
Advance Auto: | Corydon, IN	'		'
Initial Costs to Company	'		'
Land	190,000		'
Buildings and Improvements	1,218,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,408,000	[1],[2]	'
Accumulated Depreciation	40,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,408,000	[1],[2]	'
Deductions	'		'
Balance, end of period	40,000	[3],[4]	'
Advance Auto: | Dearborn Heights, MI	'		'
Initial Costs to Company	'		'
Land	385,000		'
Buildings and Improvements	1,090,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,475,000	[1],[2]	'
Accumulated Depreciation	10,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,475,000	[1],[2]	'
Deductions	'		'
Balance, end of period	10,000	[3],[4]	'
Advance Auto: | Decatur, AL	'		'
Initial Costs to Company	'		'
Land	606,000		'
Buildings and Improvements	1,053,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,659,000	[1],[2]	'
Accumulated Depreciation	1,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,659,000	[1],[2]	'
Deductions	'		'
Balance, end of period	1,000	[3],[4]	'
Advance Auto: | Lake Geneva, WI	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	1,062,000		'
Initial Costs to Company	'		'
Land	381,000		'
Buildings and Improvements	1,181,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,562,000	[1],[2]	'
Accumulated Depreciation	27,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,562,000	[1],[2]	'
Deductions	'		'
Balance, end of period	27,000	[3],[4]	'
Advance Auto: | North Ridgeville, OH	'		'
Initial Costs to Company	'		'
Land	218,000		'
Buildings and Improvements	1,284,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,502,000	[1],[2]	'
Accumulated Depreciation	56,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,502,000	[1],[2]	'
Deductions	'		'
Balance, end of period	56,000	[3],[4]	'
Advance Auto: | Rutherfordton, NC	'		'
Initial Costs to Company	'		'
Land	220,000		'
Buildings and Improvements	944,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,164,000	[1],[2]	'
Accumulated Depreciation	5,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,164,000	[1],[2]	'
Deductions	'		'
Balance, end of period	5,000	[3],[4]	'
Advance Auto: | Starkville, MS	'		'
Initial Costs to Company	'		'
Land	447,000		'
Buildings and Improvements	757,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,204,000	[1],[2]	'
Accumulated Depreciation	33,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,204,000	[1],[2]	'
Deductions	'		'
Balance, end of period	33,000	[3],[4]	'
Auto Zone: | Philipburg, PA	'		'
Initial Costs to Company	'		'
Land	152,000		'
Buildings and Improvements	1,304,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,456,000	[1],[2]	'
Accumulated Depreciation	51,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,456,000	[1],[2]	'
Deductions	'		'
Balance, end of period	51,000	[3],[4]	'
Bass Pro Shop: | Tallahassee, FL	'		'
Initial Costs to Company	'		'
Land	945,000		'
Buildings and Improvements	5,713,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	6,658,000	[1],[2]	'
Accumulated Depreciation	60,000	[3],[4]	'
Deductions	'		'
Balance, end of period	6,658,000	[1],[2]	'
Deductions	'		'
Balance, end of period	60,000	[3],[4]	'
Beavercreek Shopping Center: | Beavercreek, OH	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	0		'
Initial Costs to Company	'		'
Land	5,504,000		'
Buildings and Improvements	25,178,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	30,682,000	[1],[2]	'
Accumulated Depreciation	146,000	[3],[4]	'
Deductions	'		'
Balance, end of period	30,682,000	[1],[2]	'
Deductions	'		'
Balance, end of period	146,000	[3],[4]	'
Bed Bath & Beyond/Golf Smith: | Schaumburg, IL	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	0		'
Initial Costs to Company	'		'
Land	4,786,000		'
Buildings and Improvements	6,149,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	10,935,000	[1],[2]	'
Accumulated Depreciation	168,000	[3],[4]	'
Deductions	'		'
Balance, end of period	10,935,000	[1],[2]	'
Deductions	'		'
Balance, end of period	168,000	[3],[4]	'
Benihana: | Golden Valley, MN	'		'
Initial Costs to Company	'		'
Land	1,510,000		'
Buildings and Improvements	2,934,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,444,000	[1],[2]	'
Accumulated Depreciation	105,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,444,000	[1],[2]	'
Deductions	'		'
Balance, end of period	105,000	[3],[4]	'
Benihana: | Lauderdale by the Sea, FL	'		'
Initial Costs to Company	'		'
Land	2,181,000		'
Buildings and Improvements	2,014,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,195,000	[1],[2]	'
Accumulated Depreciation	74,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,195,000	[1],[2]	'
Deductions	'		'
Balance, end of period	74,000	[3],[4]	'
Benihana: | Lombard, IL	'		'
Initial Costs to Company	'		'
Land	1,390,000		'
Buildings and Improvements	2,343,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,733,000	[1],[2]	'
Accumulated Depreciation	100,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,733,000	[1],[2]	'
Deductions	'		'
Balance, end of period	100,000	[3],[4]	'
Benihana: | Woodlands, TX	'		'
Initial Costs to Company	'		'
Land	1,152,000		'
Buildings and Improvements	968,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,120,000	[1],[2]	'
Accumulated Depreciation	36,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,120,000	[1],[2]	'
Deductions	'		'
Balance, end of period	36,000	[3],[4]	'
Big Lots: | San Angelo, TX	'		'
Initial Costs to Company	'		'
Land	1,043,000		'
Buildings and Improvements	1,947,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,990,000	[1],[2]	'
Accumulated Depreciation	80,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,990,000	[1],[2]	'
Deductions	'		'
Balance, end of period	80,000	[3],[4]	'
Big Lots: | Waco, TX	'		'
Initial Costs to Company	'		'
Land	1,069,000		'
Buildings and Improvements	1,326,000		'
Total Adjustment to Basis	56,000		'
Gross Amount at Which Carried At December 31, 2013	2,451,000	[1],[2]	'
Accumulated Depreciation	56,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,451,000	[1],[2]	'
Deductions	'		'
Balance, end of period	56,000	[3],[4]	'
Bottom Dollar Grocery: | Ambridge, PA	'		'
Initial Costs to Company	'		'
Land	519,000		'
Buildings and Improvements	2,985,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,504,000	[1],[2]	'
Accumulated Depreciation	10,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,504,000	[1],[2]	'
Deductions	'		'
Balance, end of period	10,000	[3],[4]	'
Buffalo Wild Wings: | Warrenville, IL	'		'
Initial Costs to Company	'		'
Land	1,208,000		'
Buildings and Improvements	1,420,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,628,000	[1],[2]	'
Accumulated Depreciation	38,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,628,000	[1],[2]	'
Deductions	'		'
Balance, end of period	38,000	[3],[4]	'
Buffalo Wild Wings: | Woodridge, IL	'		'
Initial Costs to Company	'		'
Land	1,139,000		'
Buildings and Improvements	1,484,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,623,000	[1],[2]	'
Accumulated Depreciation	39,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,623,000	[1],[2]	'
Deductions	'		'
Balance, end of period	39,000	[3],[4]	'
Canton Marketplace: | Canton, GA	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	32,000,000		'
Initial Costs to Company	'		'
Land	8,310,000		'
Buildings and Improvements	48,667,000		'
Total Adjustment to Basis	113,000		'
Gross Amount at Which Carried At December 31, 2013	57,090,000	[1],[2]	'
Accumulated Depreciation	1,247,000	[3],[4]	'
Deductions	'		'
Balance, end of period	57,090,000	[1],[2]	'
Deductions	'		'
Balance, end of period	1,247,000	[3],[4]	'
Canarsie Plaza: | Brooklyn, NY	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	75,000,000		'
Initial Costs to Company	'		'
Land	37,947,000		'
Buildings and Improvements	71,222,000		'
Total Adjustment to Basis	361,000		'
Gross Amount at Which Carried At December 31, 2013	109,530,000	[1],[2]	'
Accumulated Depreciation	1,876,000	[3],[4]	'
Deductions	'		'
Balance, end of period	109,530,000	[1],[2]	'
Deductions	'		'
Balance, end of period	1,876,000	[3],[4]	'
Chase: | Hanover Township, NJ	'		'
Initial Costs to Company	'		'
Land	2,192,000		'
Buildings and Improvements	0		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,192,000	[1],[2]	'
Accumulated Depreciation	0	[3],[4]	'
Deductions	'		'
Balance, end of period	2,192,000	[1],[2]	'
Deductions	'		'
Balance, end of period	0	[3],[4]	'
Chestnut Square: | Brevard, NC	'		'
Initial Costs to Company	'		'
Land	425,000		'
Buildings and Improvements	5,037,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	5,462,000	[1],[2]	'
Accumulated Depreciation	78,000	[3],[4]	'
Deductions	'		'
Balance, end of period	5,462,000	[1],[2]	'
Deductions	'		'
Balance, end of period	78,000	[3],[4]	'
Coosa Town Center: | Gadsden, AL	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	0		'
Initial Costs to Company	'		'
Land	3,246,000		'
Buildings and Improvements	7,799,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	11,045,000	[1],[2]	'
Accumulated Depreciation	10,000	[3],[4]	'
Deductions	'		'
Balance, end of period	11,045,000	[1],[2]	'
Deductions	'		'
Balance, end of period	10,000	[3],[4]	'
Cost Plus World Market: | Kansas City, MO	'		'
Initial Costs to Company	'		'
Land	1,377,000		'
Buildings and Improvements	2,396,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,773,000	[1],[2]	'
Accumulated Depreciation	98,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,773,000	[1],[2]	'
Deductions	'		'
Balance, end of period	98,000	[3],[4]	'
Costco: | Tallahassee, FL	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	5,146,000		'
Initial Costs to Company	'		'
Land	9,497,000		'
Buildings and Improvements	0		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	9,497,000	[1],[2]	'
Accumulated Depreciation	0	[3],[4]	'
Deductions	'		'
Balance, end of period	9,497,000	[1],[2]	'
Deductions	'		'
Balance, end of period	0	[3],[4]	'
Cottonwood Commons: | Albuquerque, NM	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	19,250,000		'
Initial Costs to Company	'		'
Land	4,986,000		'
Buildings and Improvements	28,881,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	33,867,000	[1],[2]	'
Accumulated Depreciation	349,000	[3],[4]	'
Deductions	'		'
Balance, end of period	33,867,000	[1],[2]	'
Deductions	'		'
Balance, end of period	349,000	[3],[4]	'
Coventry Crossing: | Coventry , RI	'		'
Initial Costs to Company	'		'
Land	3,462,000		'
Buildings and Improvements	5,899,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	9,361,000	[1],[2]	'
Accumulated Depreciation	49,000	[3],[4]	'
Deductions	'		'
Balance, end of period	9,361,000	[1],[2]	'
Deductions	'		'
Balance, end of period	49,000	[3],[4]	'
Crossroads Annex: | Lafayette, LA	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	0		'
Initial Costs to Company	'		'
Land	1,659,000		'
Buildings and Improvements	7,091,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	8,750,000	[1],[2]	'
Accumulated Depreciation	8,000	[3],[4]	'
Deductions	'		'
Balance, end of period	8,750,000	[1],[2]	'
Deductions	'		'
Balance, end of period	8,000	[3],[4]	'
Crossroads Commons: | Plover, WI	'		'
Initial Costs to Company	'		'
Land	1,000,000		'
Buildings and Improvements	4,515,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	5,515,000	[1],[2]	'
Accumulated Depreciation	6,000	[3],[4]	'
Deductions	'		'
Balance, end of period	5,515,000	[1],[2]	'
Deductions	'		'
Balance, end of period	6,000	[3],[4]	'
CVS: | Hanover Township, NJ	'		'
Initial Costs to Company	'		'
Land	4,746,000		'
Buildings and Improvements	0		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,746,000	[1],[2]	'
Accumulated Depreciation	0	[3],[4]	'
Deductions	'		'
Balance, end of period	4,746,000	[1],[2]	'
Deductions	'		'
Balance, end of period	0	[3],[4]	'
CVS: | Arnold, MO	'		'
Initial Costs to Company	'		'
Land	2,043,000		'
Buildings and Improvements	2,367,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,410,000	[1],[2]	'
Accumulated Depreciation	3,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,410,000	[1],[2]	'
Deductions	'		'
Balance, end of period	3,000	[3],[4]	'
CVS: | Asheville, NC	'		'
Initial Costs to Company	'		'
Land	1,108,000		'
Buildings and Improvements	1,084,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,192,000	[1],[2]	'
Accumulated Depreciation	49,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,192,000	[1],[2]	'
Deductions	'		'
Balance, end of period	49,000	[3],[4]	'
CVS: | Austin, TX	'		'
Initial Costs to Company	'		'
Land	1,076,000		'
Buildings and Improvements	3,475,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,551,000	[1],[2]	'
Accumulated Depreciation	4,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,551,000	[1],[2]	'
Deductions	'		'
Balance, end of period	4,000	[3],[4]	'
CVS: | Bainbridge, GA	'		'
Initial Costs to Company	'		'
Land	444,000		'
Buildings and Improvements	1,682,000		'
Total Adjustment to Basis	47,000		'
Gross Amount at Which Carried At December 31, 2013	2,173,000	[1],[2]	'
Accumulated Depreciation	68,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,173,000	[1],[2]	'
Deductions	'		'
Balance, end of period	68,000	[3],[4]	'
CVS: | Bloomington, IN	'		'
Initial Costs to Company	'		'
Land	1,620,000		'
Buildings and Improvements	2,957,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,577,000	[1],[2]	'
Accumulated Depreciation	3,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,577,000	[1],[2]	'
Deductions	'		'
Balance, end of period	3,000	[3],[4]	'
CVS: | Blue Springs, MO	'		'
Initial Costs to Company	'		'
Land	395,000		'
Buildings and Improvements	2,722,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,117,000	[1],[2]	'
Accumulated Depreciation	3,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,117,000	[1],[2]	'
Deductions	'		'
Balance, end of period	3,000	[3],[4]	'
CVS: | Bridgeton, MO	'		'
Initial Costs to Company	'		'
Land	2,056,000		'
Buildings and Improvements	2,362,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,418,000	[1],[2]	'
Accumulated Depreciation	3,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,418,000	[1],[2]	'
Deductions	'		'
Balance, end of period	3,000	[3],[4]	'
CVS: | Cartersville, GA	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	0		'
Initial Costs to Company	'		'
Land	2,547,000		'
Buildings and Improvements	0		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,547,000	[1],[2]	'
Accumulated Depreciation	'	[3],[4]	'
Deductions	'		'
Balance, end of period	2,547,000	[1],[2]	'
Deductions	'		'
Balance, end of period	'	[3],[4]	'
CVS: | Charleston, SC	'		'
Initial Costs to Company	'		'
Land	869,000		'
Buildings and Improvements	1,009,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,878,000	[1],[2]	'
Accumulated Depreciation	45,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,878,000	[1],[2]	'
Deductions	'		'
Balance, end of period	45,000	[3],[4]	'
CVS: | Chesapeake, VA	'		'
Initial Costs to Company	'		'
Land	1,044,000		'
Buildings and Improvements	3,053,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,097,000	[1],[2]	'
Accumulated Depreciation	3,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,097,000	[1],[2]	'
Deductions	'		'
Balance, end of period	3,000	[3],[4]	'
CVS: | Chicago, IL	'		'
Initial Costs to Company	'		'
Land	1,832,000		'
Buildings and Improvements	4,255,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	6,087,000	[1],[2]	'
Accumulated Depreciation	84,000	[3],[4]	'
Deductions	'		'
Balance, end of period	6,087,000	[1],[2]	'
Deductions	'		'
Balance, end of period	84,000	[3],[4]	'
CVS: | Cicero, IN	'		'
Initial Costs to Company	'		'
Land	487,000		'
Buildings and Improvements	3,099,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,586,000	[1],[2]	'
Accumulated Depreciation	3,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,586,000	[1],[2]	'
Deductions	'		'
Balance, end of period	3,000	[3],[4]	'
CVS: | Corpus Christi, TX	'		'
Initial Costs to Company	'		'
Land	648,000		'
Buildings and Improvements	2,557,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,205,000	[1],[2]	'
Accumulated Depreciation	111,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,205,000	[1],[2]	'
Deductions	'		'
Balance, end of period	111,000	[3],[4]	'
CVS: | Eminence, KY	'		'
Initial Costs to Company	'		'
Land	872,000		'
Buildings and Improvements	2,511,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,383,000	[1],[2]	'
Accumulated Depreciation	3,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,383,000	[1],[2]	'
Deductions	'		'
Balance, end of period	3,000	[3],[4]	'
CVS: | Florence, AL	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	1,735,000		'
Initial Costs to Company	'		'
Land	1,030,000		'
Buildings and Improvements	1,446,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,476,000	[1],[2]	'
Accumulated Depreciation	30,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,476,000	[1],[2]	'
Deductions	'		'
Balance, end of period	30,000	[3],[4]	'
CVS: | Goose Creek, SC	'		'
Initial Costs to Company	'		'
Land	1,022,000		'
Buildings and Improvements	1,980,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,002,000	[1],[2]	'
Accumulated Depreciation	2,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,002,000	[1],[2]	'
Deductions	'		'
Balance, end of period	2,000	[3],[4]	'
CVS: | Greenwood, IN	'		'
Initial Costs to Company	'		'
Land	912,000		'
Buildings and Improvements	3,549,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,461,000	[1],[2]	'
Accumulated Depreciation	41,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,461,000	[1],[2]	'
Deductions	'		'
Balance, end of period	41,000	[3],[4]	'
CVS: | Hazlet, NJ	'		'
Initial Costs to Company	'		'
Land	3,047,000		'
Buildings and Improvements	3,610,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	6,657,000	[1],[2]	'
Accumulated Depreciation	4,000	[3],[4]	'
Deductions	'		'
Balance, end of period	6,657,000	[1],[2]	'
Deductions	'		'
Balance, end of period	4,000	[3],[4]	'
CVS: | Honesdale, PA	'		'
Initial Costs to Company	'		'
Land	1,206,000		'
Buildings and Improvements	3,342,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,548,000	[1],[2]	'
Accumulated Depreciation	4,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,548,000	[1],[2]	'
Deductions	'		'
Balance, end of period	4,000	[3],[4]	'
CVS: | Independence, MO	'		'
Initial Costs to Company	'		'
Land	359,000		'
Buildings and Improvements	2,242,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,601,000	[1],[2]	'
Accumulated Depreciation	2,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,601,000	[1],[2]	'
Deductions	'		'
Balance, end of period	2,000	[3],[4]	'
CVS: | Indianapolis, IN	'		'
Initial Costs to Company	'		'
Land	1,110,000		'
Buildings and Improvements	2,484,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,594,000	[1],[2]	'
Accumulated Depreciation	3,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,594,000	[1],[2]	'
Deductions	'		'
Balance, end of period	3,000	[3],[4]	'
CVS: | Irving, TX	'		'
Initial Costs to Company	'		'
Land	745,000		'
Buildings and Improvements	3,034,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,779,000	[1],[2]	'
Accumulated Depreciation	94,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,779,000	[1],[2]	'
Deductions	'		'
Balance, end of period	94,000	[3],[4]	'
CVS: | Janesville, WI	'		'
Initial Costs to Company	'		'
Land	736,000		'
Buildings and Improvements	2,545,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,281,000	[1],[2]	'
Accumulated Depreciation	3,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,281,000	[1],[2]	'
Deductions	'		'
Balance, end of period	3,000	[3],[4]	'
CVS: | Katy, TX	'		'
Initial Costs to Company	'		'
Land	1,149,000		'
Buildings and Improvements	2,462,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,611,000	[1],[2]	'
Accumulated Depreciation	3,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,611,000	[1],[2]	'
Deductions	'		'
Balance, end of period	3,000	[3],[4]	'
CVS: | Lincoln, NE	'		'
Initial Costs to Company	'		'
Land	2,534,000		'
Buildings and Improvements	3,014,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	5,548,000	[1],[2]	'
Accumulated Depreciation	3,000	[3],[4]	'
Deductions	'		'
Balance, end of period	5,548,000	[1],[2]	'
Deductions	'		'
Balance, end of period	3,000	[3],[4]	'
CVS: | London, KY	'		'
Initial Costs to Company	'		'
Land	1,445,000		'
Buildings and Improvements	2,661,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,106,000	[1],[2]	'
Accumulated Depreciation	20,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,106,000	[1],[2]	'
Deductions	'		'
Balance, end of period	20,000	[3],[4]	'
CVS: | Middletown, NY	'		'
Initial Costs to Company	'		'
Land	665,000		'
Buildings and Improvements	5,483,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	6,148,000	[1],[2]	'
Accumulated Depreciation	6,000	[3],[4]	'
Deductions	'		'
Balance, end of period	6,148,000	[1],[2]	'
Deductions	'		'
Balance, end of period	6,000	[3],[4]	'
CVS: | North Wilkesboro, NC	'		'
Initial Costs to Company	'		'
Land	332,000		'
Buildings and Improvements	2,369,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,701,000	[1],[2]	'
Accumulated Depreciation	12,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,701,000	[1],[2]	'
Deductions	'		'
Balance, end of period	12,000	[3],[4]	'
CVS: | Poplar Bluff, MO	'		'
Initial Costs to Company	'		'
Land	1,861,000		'
Buildings and Improvements	2,211,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,072,000	[1],[2]	'
Accumulated Depreciation	2,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,072,000	[1],[2]	'
Deductions	'		'
Balance, end of period	2,000	[3],[4]	'
CVS: | Salem, NH	'		'
Initial Costs to Company	'		'
Land	3,456,000		'
Buildings and Improvements	2,351,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	5,807,000	[1],[2]	'
Accumulated Depreciation	7,000	[3],[4]	'
Deductions	'		'
Balance, end of period	5,807,000	[1],[2]	'
Deductions	'		'
Balance, end of period	7,000	[3],[4]	'
CVS: | San Antonio, TX	'		'
Initial Costs to Company	'		'
Land	1,893,000		'
Buildings and Improvements	1,848,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,741,000	[1],[2]	'
Accumulated Depreciation	2,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,741,000	[1],[2]	'
Deductions	'		'
Balance, end of period	2,000	[3],[4]	'
CVS: | Sand Springs, OK	'		'
Initial Costs to Company	'		'
Land	1,765,000		'
Buildings and Improvements	2,283,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,048,000	[1],[2]	'
Accumulated Depreciation	2,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,048,000	[1],[2]	'
Deductions	'		'
Balance, end of period	2,000	[3],[4]	'
CVS: | Santa Fe, NM	'		'
Initial Costs to Company	'		'
Land	2,243,000		'
Buildings and Improvements	4,619,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	6,862,000	[1],[2]	'
Accumulated Depreciation	5,000	[3],[4]	'
Deductions	'		'
Balance, end of period	6,862,000	[1],[2]	'
Deductions	'		'
Balance, end of period	5,000	[3],[4]	'
CVS: | Sedalia, MO	'		'
Initial Costs to Company	'		'
Land	466,000		'
Buildings and Improvements	2,318,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,784,000	[1],[2]	'
Accumulated Depreciation	2,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,784,000	[1],[2]	'
Deductions	'		'
Balance, end of period	2,000	[3],[4]	'
CVS: | St. John, MO	'		'
Initial Costs to Company	'		'
Land	1,546,000		'
Buildings and Improvements	2,601,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,147,000	[1],[2]	'
Accumulated Depreciation	3,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,147,000	[1],[2]	'
Deductions	'		'
Balance, end of period	3,000	[3],[4]	'
CVS: | Temple Hills, MD	'		'
Initial Costs to Company	'		'
Land	1,817,000		'
Buildings and Improvements	2,989,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,806,000	[1],[2]	'
Accumulated Depreciation	22,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,806,000	[1],[2]	'
Deductions	'		'
Balance, end of period	22,000	[3],[4]	'
CVS: | Vineland, NJ	'		'
Initial Costs to Company	'		'
Land	813,000		'
Buildings and Improvements	2,926,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,739,000	[1],[2]	'
Accumulated Depreciation	3,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,739,000	[1],[2]	'
Deductions	'		'
Balance, end of period	3,000	[3],[4]	'
CVS: | Waynesboro, VA	'		'
Initial Costs to Company	'		'
Land	986,000		'
Buildings and Improvements	2,708,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,694,000	[1],[2]	'
Accumulated Depreciation	3,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,694,000	[1],[2]	'
Deductions	'		'
Balance, end of period	3,000	[3],[4]	'
CVS: | West Monroe, LA	'		'
Initial Costs to Company	'		'
Land	1,738,000		'
Buildings and Improvements	2,136,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,874,000	[1],[2]	'
Accumulated Depreciation	2,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,874,000	[1],[2]	'
Deductions	'		'
Balance, end of period	2,000	[3],[4]	'
Darien Towne Center: | Darien, IL	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	0		'
Initial Costs to Company	'		'
Land	6,718,000		'
Buildings and Improvements	11,951,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	18,669,000	[1],[2]	'
Accumulated Depreciation	18,000	[3],[4]	'
Deductions	'		'
Balance, end of period	18,669,000	[1],[2]	'
Deductions	'		'
Balance, end of period	18,000	[3],[4]	'
Decatur Commons: | Decatur, AL	'		'
Initial Costs to Company	'		'
Land	2,478,000		'
Buildings and Improvements	9,333,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	11,811,000	[1],[2]	'
Accumulated Depreciation	119,000	[3],[4]	'
Deductions	'		'
Balance, end of period	11,811,000	[1],[2]	'
Deductions	'		'
Balance, end of period	119,000	[3],[4]	'
Deltona Commons: | Deltona, FL	'		'
Initial Costs to Company	'		'
Land	1,424,000		'
Buildings and Improvements	7,760,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	9,184,000	[1],[2]	'
Accumulated Depreciation	110,000	[3],[4]	'
Deductions	'		'
Balance, end of period	9,184,000	[1],[2]	'
Deductions	'		'
Balance, end of period	110,000	[3],[4]	'
Dick’s Sporting Goods: | Oklahoma City (3rd), OK	'		'
Initial Costs to Company	'		'
Land	1,198,000		'
Buildings and Improvements	7,838,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	9,036,000	[1],[2]	'
Accumulated Depreciation	233,000	[3],[4]	'
Deductions	'		'
Balance, end of period	9,036,000	[1],[2]	'
Deductions	'		'
Balance, end of period	233,000	[3],[4]	'
Dick’s Sporting Goods: | Oklahoma City, OK	'		'
Initial Costs to Company	'		'
Land	685,000		'
Buildings and Improvements	10,587,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	11,272,000	[1],[2]	'
Accumulated Depreciation	307,000	[3],[4]	'
Deductions	'		'
Balance, end of period	11,272,000	[1],[2]	'
Deductions	'		'
Balance, end of period	307,000	[3],[4]	'
Dollar General: | Asheville, NC	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	0		'
Initial Costs to Company	'		'
Land	379,000		'
Buildings and Improvements	753,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,132,000	[1],[2]	'
Accumulated Depreciation	12,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,132,000	[1],[2]	'
Deductions	'		'
Balance, end of period	12,000	[3],[4]	'
Dollar General: | Independence, MO	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	828,000		'
Initial Costs to Company	'		'
Land	170,000		'
Buildings and Improvements	1,072,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,242,000	[1],[2]	'
Accumulated Depreciation	30,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,242,000	[1],[2]	'
Deductions	'		'
Balance, end of period	30,000	[3],[4]	'
Dollar General: | Akron, AL	'		'
Initial Costs to Company	'		'
Land	69,000		'
Buildings and Improvements	771,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	840,000	[1],[2]	'
Accumulated Depreciation	8,000	[3],[4]	'
Deductions	'		'
Balance, end of period	840,000	[1],[2]	'
Deductions	'		'
Balance, end of period	8,000	[3],[4]	'
Dollar General: | Akron, OH	'		'
Initial Costs to Company	'		'
Land	112,000		'
Buildings and Improvements	1,099,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,211,000	[1],[2]	'
Accumulated Depreciation	4,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,211,000	[1],[2]	'
Deductions	'		'
Balance, end of period	4,000	[3],[4]	'
Dollar General: | Alliance, NE	'		'
Initial Costs to Company	'		'
Land	97,000		'
Buildings and Improvements	812,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	909,000	[1],[2]	'
Accumulated Depreciation	17,000	[3],[4]	'
Deductions	'		'
Balance, end of period	909,000	[1],[2]	'
Deductions	'		'
Balance, end of period	17,000	[3],[4]	'
Dollar General: | Ashville, AL	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	666,000		'
Initial Costs to Company	'		'
Land	255,000		'
Buildings and Improvements	677,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	932,000	[1],[2]	'
Accumulated Depreciation	21,000	[3],[4]	'
Deductions	'		'
Balance, end of period	932,000	[1],[2]	'
Deductions	'		'
Balance, end of period	21,000	[3],[4]	'
Dollar General: | Bainbridge, OH	'		'
Initial Costs to Company	'		'
Land	106,000		'
Buildings and Improvements	1,175,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,281,000	[1],[2]	'
Accumulated Depreciation	10,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,281,000	[1],[2]	'
Deductions	'		'
Balance, end of period	10,000	[3],[4]	'
Dollar General: | Bessemer, AL	'		'
Initial Costs to Company	'		'
Land	142,000		'
Buildings and Improvements	941,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,083,000	[1],[2]	'
Accumulated Depreciation	7,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,083,000	[1],[2]	'
Deductions	'		'
Balance, end of period	7,000	[3],[4]	'
Dollar General: | Bokchito, OK	'		'
Initial Costs to Company	'		'
Land	59,000		'
Buildings and Improvements	859,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	918,000	[1],[2]	'
Accumulated Depreciation	22,000	[3],[4]	'
Deductions	'		'
Balance, end of period	918,000	[1],[2]	'
Deductions	'		'
Balance, end of period	22,000	[3],[4]	'
Dollar General: | Botkins, OH	'		'
Initial Costs to Company	'		'
Land	130,000		'
Buildings and Improvements	991,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,121,000	[1],[2]	'
Accumulated Depreciation	8,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,121,000	[1],[2]	'
Deductions	'		'
Balance, end of period	8,000	[3],[4]	'
Dollar General: | Breaux Bridge, LA	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	840,000		'
Initial Costs to Company	'		'
Land	225,000		'
Buildings and Improvements	1,007,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,232,000	[1],[2]	'
Accumulated Depreciation	31,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,232,000	[1],[2]	'
Deductions	'		'
Balance, end of period	31,000	[3],[4]	'
Dollar General: | Broken Bow, NE	'		'
Initial Costs to Company	'		'
Land	91,000		'
Buildings and Improvements	878,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	969,000	[1],[2]	'
Accumulated Depreciation	3,000	[3],[4]	'
Deductions	'		'
Balance, end of period	969,000	[1],[2]	'
Deductions	'		'
Balance, end of period	3,000	[3],[4]	'
Dollar General: | Brownsville, TX	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	822,000		'
Initial Costs to Company	'		'
Land	264,000		'
Buildings and Improvements	943,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,207,000	[1],[2]	'
Accumulated Depreciation	27,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,207,000	[1],[2]	'
Deductions	'		'
Balance, end of period	27,000	[3],[4]	'
Dollar General: | Clay, AL	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	792,000		'
Initial Costs to Company	'		'
Land	305,000		'
Buildings and Improvements	768,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,073,000	[1],[2]	'
Accumulated Depreciation	20,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,073,000	[1],[2]	'
Deductions	'		'
Balance, end of period	20,000	[3],[4]	'
Dollar General: | Cleveland, TX	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	684,000		'
Initial Costs to Company	'		'
Land	158,000		'
Buildings and Improvements	856,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,014,000	[1],[2]	'
Accumulated Depreciation	24,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,014,000	[1],[2]	'
Deductions	'		'
Balance, end of period	24,000	[3],[4]	'
Dollar General: | Columbus, OH	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	0		'
Initial Costs to Company	'		'
Land	279,000		'
Buildings and Improvements	1,248,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,527,000	[1],[2]	'
Accumulated Depreciation	4,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,527,000	[1],[2]	'
Deductions	'		'
Balance, end of period	4,000	[3],[4]	'
Dollar General: | Conroe, TX	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	756,000		'
Initial Costs to Company	'		'
Land	167,000		'
Buildings and Improvements	946,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,113,000	[1],[2]	'
Accumulated Depreciation	25,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,113,000	[1],[2]	'
Deductions	'		'
Balance, end of period	25,000	[3],[4]	'
Dollar General: | Delcambre, LA	'		'
Initial Costs to Company	'		'
Land	169,000		'
Buildings and Improvements	1,025,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,194,000	[1],[2]	'
Accumulated Depreciation	8,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,194,000	[1],[2]	'
Deductions	'		'
Balance, end of period	8,000	[3],[4]	'
Dollar General: | Delhi, LA	'		'
Initial Costs to Company	'		'
Land	301,000		'
Buildings and Improvements	1,033,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,334,000	[1],[2]	'
Accumulated Depreciation	10,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,334,000	[1],[2]	'
Deductions	'		'
Balance, end of period	10,000	[3],[4]	'
Dollar General: | Deridder (Hwy 26), LA	'		'
Initial Costs to Company	'		'
Land	135,000		'
Buildings and Improvements	923,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,058,000	[1],[2]	'
Accumulated Depreciation	7,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,058,000	[1],[2]	'
Deductions	'		'
Balance, end of period	7,000	[3],[4]	'
Dollar General: | Deridder (Hwy 190), LA	'		'
Initial Costs to Company	'		'
Land	176,000		'
Buildings and Improvements	905,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,081,000	[1],[2]	'
Accumulated Depreciation	9,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,081,000	[1],[2]	'
Deductions	'		'
Balance, end of period	9,000	[3],[4]	'
Dollar General: | Des Moines, IA	'		'
Initial Costs to Company	'		'
Land	166,000		'
Buildings and Improvements	943,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,109,000	[1],[2]	'
Accumulated Depreciation	10,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,109,000	[1],[2]	'
Deductions	'		'
Balance, end of period	10,000	[3],[4]	'
Dollar General: | Dundee, MI	'		'
Initial Costs to Company	'		'
Land	296,000		'
Buildings and Improvements	1,047,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,343,000	[1],[2]	'
Accumulated Depreciation	3,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,343,000	[1],[2]	'
Deductions	'		'
Balance, end of period	3,000	[3],[4]	'
Dollar General: | Fred, TX	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	0		'
Initial Costs to Company	'		'
Land	93,000		'
Buildings and Improvements	929,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,022,000	[1],[2]	'
Accumulated Depreciation	1,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,022,000	[1],[2]	'
Deductions	'		'
Balance, end of period	1,000	[3],[4]	'
Dollar General: | Fort Valley, GA	'		'
Initial Costs to Company	'		'
Land	514,000		'
Buildings and Improvements	2,436,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,950,000	[1],[2]	'
Accumulated Depreciation	32,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,950,000	[1],[2]	'
Deductions	'		'
Balance, end of period	32,000	[3],[4]	'
Dollar General: | Geneva, AL	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	738,000		'
Initial Costs to Company	'		'
Land	204,000		'
Buildings and Improvements	815,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,019,000	[1],[2]	'
Accumulated Depreciation	25,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,019,000	[1],[2]	'
Deductions	'		'
Balance, end of period	25,000	[3],[4]	'
Dollar General: | Greenwell Springs, LA	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	870,000		'
Initial Costs to Company	'		'
Land	444,000		'
Buildings and Improvements	841,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,285,000	[1],[2]	'
Accumulated Depreciation	26,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,285,000	[1],[2]	'
Deductions	'		'
Balance, end of period	26,000	[3],[4]	'
Dollar General: | Groveport, OH	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	822,000		'
Initial Costs to Company	'		'
Land	416,000		'
Buildings and Improvements	813,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,229,000	[1],[2]	'
Accumulated Depreciation	19,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,229,000	[1],[2]	'
Deductions	'		'
Balance, end of period	19,000	[3],[4]	'
Dollar General: | Hanceville, AL	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	2,029,000		'
Initial Costs to Company	'		'
Land	1,232,000		'
Buildings and Improvements	1,488,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,720,000	[1],[2]	'
Accumulated Depreciation	51,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,720,000	[1],[2]	'
Deductions	'		'
Balance, end of period	51,000	[3],[4]	'
Dollar General: | Harvest, AL	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	684,000		'
Initial Costs to Company	'		'
Land	261,000		'
Buildings and Improvements	691,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	952,000	[1],[2]	'
Accumulated Depreciation	22,000	[3],[4]	'
Deductions	'		'
Balance, end of period	952,000	[1],[2]	'
Deductions	'		'
Balance, end of period	22,000	[3],[4]	'
Dollar General: | Homeworth, OH	'		'
Initial Costs to Company	'		'
Land	110,000		'
Buildings and Improvements	1,057,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,167,000	[1],[2]	'
Accumulated Depreciation	6,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,167,000	[1],[2]	'
Deductions	'		'
Balance, end of period	6,000	[3],[4]	'
Dollar General: | Houston, TX	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	966,000		'
Initial Costs to Company	'		'
Land	311,000		'
Buildings and Improvements	1,102,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,413,000	[1],[2]	'
Accumulated Depreciation	30,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,413,000	[1],[2]	'
Deductions	'		'
Balance, end of period	30,000	[3],[4]	'
Dollar General: | Houston (Gears), TX	'		'
Initial Costs to Company	'		'
Land	255,000		'
Buildings and Improvements	1,393,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,648,000	[1],[2]	'
Accumulated Depreciation	7,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,648,000	[1],[2]	'
Deductions	'		'
Balance, end of period	7,000	[3],[4]	'
Dollar General: | Huntsville, AL	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	768,000		'
Initial Costs to Company	'		'
Land	177,000		'
Buildings and Improvements	847,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,024,000	[1],[2]	'
Accumulated Depreciation	26,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,024,000	[1],[2]	'
Deductions	'		'
Balance, end of period	26,000	[3],[4]	'
Dollar General: | Kansas City (Oak), MO	'		'
Initial Costs to Company	'		'
Land	283,000		'
Buildings and Improvements	1,068,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,351,000	[1],[2]	'
Accumulated Depreciation	6,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,351,000	[1],[2]	'
Deductions	'		'
Balance, end of period	6,000	[3],[4]	'
Dollar General: | Kansas City (Troost), MO	'		'
Initial Costs to Company	'		'
Land	233,000		'
Buildings and Improvements	1,054,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,287,000	[1],[2]	'
Accumulated Depreciation	4,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,287,000	[1],[2]	'
Deductions	'		'
Balance, end of period	4,000	[3],[4]	'
Dollar General: | Kearney, NE	'		'
Initial Costs to Company	'		'
Land	141,000		'
Buildings and Improvements	851,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	992,000	[1],[2]	'
Accumulated Depreciation	3,000	[3],[4]	'
Deductions	'		'
Balance, end of period	992,000	[1],[2]	'
Deductions	'		'
Balance, end of period	3,000	[3],[4]	'
Dollar General: | Kinston, AL	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	642,000		'
Initial Costs to Company	'		'
Land	170,000		'
Buildings and Improvements	719,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	889,000	[1],[2]	'
Accumulated Depreciation	23,000	[3],[4]	'
Deductions	'		'
Balance, end of period	889,000	[1],[2]	'
Deductions	'		'
Balance, end of period	23,000	[3],[4]	'
Dollar General: | Lake Charles (Broad), LA	'		'
Initial Costs to Company	'		'
Land	146,000		'
Buildings and Improvements	989,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,135,000	[1],[2]	'
Accumulated Depreciation	10,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,135,000	[1],[2]	'
Deductions	'		'
Balance, end of period	10,000	[3],[4]	'
Dollar General: | Leicester, NC	'		'
Initial Costs to Company	'		'
Land	134,000		'
Buildings and Improvements	800,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	934,000	[1],[2]	'
Accumulated Depreciation	12,000	[3],[4]	'
Deductions	'		'
Balance, end of period	934,000	[1],[2]	'
Deductions	'		'
Balance, end of period	12,000	[3],[4]	'
Dollar General: | Lima, OH	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	810,000		'
Initial Costs to Company	'		'
Land	156,000		'
Buildings and Improvements	1,040,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,196,000	[1],[2]	'
Accumulated Depreciation	30,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,196,000	[1],[2]	'
Deductions	'		'
Balance, end of period	30,000	[3],[4]	'
Dollar General: | Linden, AL	'		'
Initial Costs to Company	'		'
Land	317,000		'
Buildings and Improvements	746,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,063,000	[1],[2]	'
Accumulated Depreciation	9,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,063,000	[1],[2]	'
Deductions	'		'
Balance, end of period	9,000	[3],[4]	'
Dollar General: | Loveland, OH	'		'
Initial Costs to Company	'		'
Land	241,000		'
Buildings and Improvements	1,065,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,306,000	[1],[2]	'
Accumulated Depreciation	1,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,306,000	[1],[2]	'
Deductions	'		'
Balance, end of period	1,000	[3],[4]	'
Dollar General: | Lubbock, TX	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	744,000		'
Initial Costs to Company	'		'
Land	468,000		'
Buildings and Improvements	641,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,109,000	[1],[2]	'
Accumulated Depreciation	19,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,109,000	[1],[2]	'
Deductions	'		'
Balance, end of period	19,000	[3],[4]	'
Dollar General: | Manhattan, KS	'		'
Initial Costs to Company	'		'
Land	194,000		'
Buildings and Improvements	921,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,115,000	[1],[2]	'
Accumulated Depreciation	3,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,115,000	[1],[2]	'
Deductions	'		'
Balance, end of period	3,000	[3],[4]	'
Dollar General: | Mansfield, OH	'		'
Initial Costs to Company	'		'
Land	72,000		'
Buildings and Improvements	1,226,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,298,000	[1],[2]	'
Accumulated Depreciation	1,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,298,000	[1],[2]	'
Deductions	'		'
Balance, end of period	1,000	[3],[4]	'
Dollar General: | Maynardville, TN	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	750,000		'
Initial Costs to Company	'		'
Land	239,000		'
Buildings and Improvements	754,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	993,000	[1],[2]	'
Accumulated Depreciation	26,000	[3],[4]	'
Deductions	'		'
Balance, end of period	993,000	[1],[2]	'
Deductions	'		'
Balance, end of period	26,000	[3],[4]	'
Dollar General: | Mobile (Newman), AL	'		'
Initial Costs to Company	'		'
Land	139,000		'
Buildings and Improvements	1,005,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,144,000	[1],[2]	'
Accumulated Depreciation	6,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,144,000	[1],[2]	'
Deductions	'		'
Balance, end of period	6,000	[3],[4]	'
Dollar General: | Mobile (Schillinger), AL	'		'
Initial Costs to Company	'		'
Land	410,000		'
Buildings and Improvements	1,059,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,469,000	[1],[2]	'
Accumulated Depreciation	16,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,469,000	[1],[2]	'
Deductions	'		'
Balance, end of period	16,000	[3],[4]	'
Dollar General: | Monroeville, OH	'		'
Initial Costs to Company	'		'
Land	131,000		'
Buildings and Improvements	1,069,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,200,000	[1],[2]	'
Accumulated Depreciation	6,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,200,000	[1],[2]	'
Deductions	'		'
Balance, end of period	6,000	[3],[4]	'
Dollar General: | Nashville , GA	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	2,088,000		'
Initial Costs to Company	'		'
Land	215,000		'
Buildings and Improvements	2,533,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,748,000	[1],[2]	'
Accumulated Depreciation	57,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,748,000	[1],[2]	'
Deductions	'		'
Balance, end of period	57,000	[3],[4]	'
Dollar General: | Navarre, OH	'		'
Initial Costs to Company	'		'
Land	153,000		'
Buildings and Improvements	1,005,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,158,000	[1],[2]	'
Accumulated Depreciation	8,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,158,000	[1],[2]	'
Deductions	'		'
Balance, end of period	8,000	[3],[4]	'
Dollar General: | New Philadelphia, OH	'		'
Initial Costs to Company	'		'
Land	129,000		'
Buildings and Improvements	1,100,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,229,000	[1],[2]	'
Accumulated Depreciation	8,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,229,000	[1],[2]	'
Deductions	'		'
Balance, end of period	8,000	[3],[4]	'
Dollar General: | New Washington, OH	'		'
Initial Costs to Company	'		'
Land	99,000		'
Buildings and Improvements	975,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,074,000	[1],[2]	'
Accumulated Depreciation	8,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,074,000	[1],[2]	'
Deductions	'		'
Balance, end of period	8,000	[3],[4]	'
Dollar General: | Newark, OH	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	792,000		'
Initial Costs to Company	'		'
Land	222,000		'
Buildings and Improvements	946,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,168,000	[1],[2]	'
Accumulated Depreciation	22,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,168,000	[1],[2]	'
Deductions	'		'
Balance, end of period	22,000	[3],[4]	'
Dollar General: | North Lewisburg, OH	'		'
Initial Costs to Company	'		'
Land	59,000		'
Buildings and Improvements	1,008,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,067,000	[1],[2]	'
Accumulated Depreciation	4,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,067,000	[1],[2]	'
Deductions	'		'
Balance, end of period	4,000	[3],[4]	'
Dollar General: | Opelousas, LA	'		'
Initial Costs to Company	'		'
Land	92,000		'
Buildings and Improvements	947,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,039,000	[1],[2]	'
Accumulated Depreciation	5,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,039,000	[1],[2]	'
Deductions	'		'
Balance, end of period	5,000	[3],[4]	'
Dollar General: | Oxford, AL	'		'
Initial Costs to Company	'		'
Land	465,000		'
Buildings and Improvements	783,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,248,000	[1],[2]	'
Accumulated Depreciation	5,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,248,000	[1],[2]	'
Deductions	'		'
Balance, end of period	5,000	[3],[4]	'
Dollar General: | Park Hill, OK	'		'
Initial Costs to Company	'		'
Land	91,000		'
Buildings and Improvements	887,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	978,000	[1],[2]	'
Accumulated Depreciation	23,000	[3],[4]	'
Deductions	'		'
Balance, end of period	978,000	[1],[2]	'
Deductions	'		'
Balance, end of period	23,000	[3],[4]	'
Dollar General: | Phenix City, AL	'		'
Initial Costs to Company	'		'
Land	331,000		'
Buildings and Improvements	718,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,049,000	[1],[2]	'
Accumulated Depreciation	11,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,049,000	[1],[2]	'
Deductions	'		'
Balance, end of period	11,000	[3],[4]	'
Dollar General: | Piedmont, AL	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	1,980,000		'
Initial Costs to Company	'		'
Land	1,036,000		'
Buildings and Improvements	1,579,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,615,000	[1],[2]	'
Accumulated Depreciation	55,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,615,000	[1],[2]	'
Deductions	'		'
Balance, end of period	55,000	[3],[4]	'
Dollar General: | Pike Road, AL	'		'
Initial Costs to Company	'		'
Land	477,000		'
Buildings and Improvements	772,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,249,000	[1],[2]	'
Accumulated Depreciation	8,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,249,000	[1],[2]	'
Deductions	'		'
Balance, end of period	8,000	[3],[4]	'
Dollar General: | Plain City, OH	'		'
Initial Costs to Company	'		'
Land	187,000		'
Buildings and Improvements	1,097,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,284,000	[1],[2]	'
Accumulated Depreciation	4,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,284,000	[1],[2]	'
Deductions	'		'
Balance, end of period	4,000	[3],[4]	'
Dollar General: | Port Clinton, OH	'		'
Initial Costs to Company	'		'
Land	120,000		'
Buildings and Improvements	1,070,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,190,000	[1],[2]	'
Accumulated Depreciation	3,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,190,000	[1],[2]	'
Deductions	'		'
Balance, end of period	3,000	[3],[4]	'
Dollar General: | Pueblo, CO	'		'
Initial Costs to Company	'		'
Land	144,000		'
Buildings and Improvements	909,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,053,000	[1],[2]	'
Accumulated Depreciation	22,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,053,000	[1],[2]	'
Deductions	'		'
Balance, end of period	22,000	[3],[4]	'
Dollar General: | Ragley, LA	'		'
Initial Costs to Company	'		'
Land	196,000		'
Buildings and Improvements	877,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,073,000	[1],[2]	'
Accumulated Depreciation	9,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,073,000	[1],[2]	'
Deductions	'		'
Balance, end of period	9,000	[3],[4]	'
Dollar General: | Rayne, LA	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	702,000		'
Initial Costs to Company	'		'
Land	125,000		'
Buildings and Improvements	910,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,035,000	[1],[2]	'
Accumulated Depreciation	26,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,035,000	[1],[2]	'
Deductions	'		'
Balance, end of period	26,000	[3],[4]	'
Dollar General: | Seale, AL	'		'
Initial Costs to Company	'		'
Land	259,000		'
Buildings and Improvements	767,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,026,000	[1],[2]	'
Accumulated Depreciation	4,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,026,000	[1],[2]	'
Deductions	'		'
Balance, end of period	4,000	[3],[4]	'
Dollar General: | Seminole, AL	'		'
Initial Costs to Company	'		'
Land	175,000		'
Buildings and Improvements	829,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,004,000	[1],[2]	'
Accumulated Depreciation	10,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,004,000	[1],[2]	'
Deductions	'		'
Balance, end of period	10,000	[3],[4]	'
Dollar General: | Spring, TX	'		'
Initial Costs to Company	'		'
Land	277,000		'
Buildings and Improvements	1,132,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,409,000	[1],[2]	'
Accumulated Depreciation	9,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,409,000	[1],[2]	'
Deductions	'		'
Balance, end of period	9,000	[3],[4]	'
Dollar General: | Springfield, OH	'		'
Initial Costs to Company	'		'
Land	125,000		'
Buildings and Improvements	1,000,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,125,000	[1],[2]	'
Accumulated Depreciation	8,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,125,000	[1],[2]	'
Deductions	'		'
Balance, end of period	8,000	[3],[4]	'
Dollar General: | St. Louis, MO	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	0		'
Initial Costs to Company	'		'
Land	229,000		'
Buildings and Improvements	1,102,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,331,000	[1],[2]	'
Accumulated Depreciation	1,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,331,000	[1],[2]	'
Deductions	'		'
Balance, end of period	1,000	[3],[4]	'
Dollar General: | Superior, NE	'		'
Initial Costs to Company	'		'
Land	230,000		'
Buildings and Improvements	917,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,147,000	[1],[2]	'
Accumulated Depreciation	3,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,147,000	[1],[2]	'
Deductions	'		'
Balance, end of period	3,000	[3],[4]	'
Dollar General: | Temple, GA	'		'
Initial Costs to Company	'		'
Land	200,000		'
Buildings and Improvements	917,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,117,000	[1],[2]	'
Accumulated Depreciation	15,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,117,000	[1],[2]	'
Deductions	'		'
Balance, end of period	15,000	[3],[4]	'
Dollar General: | Theodore, AL	'		'
Initial Costs to Company	'		'
Land	248,000		'
Buildings and Improvements	763,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,011,000	[1],[2]	'
Accumulated Depreciation	13,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,011,000	[1],[2]	'
Deductions	'		'
Balance, end of period	13,000	[3],[4]	'
Dollar General: | Thibodaux, LA	'		'
Initial Costs to Company	'		'
Land	211,000		'
Buildings and Improvements	1,083,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,294,000	[1],[2]	'
Accumulated Depreciation	8,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,294,000	[1],[2]	'
Deductions	'		'
Balance, end of period	8,000	[3],[4]	'
Dollar General: | Toney, AL	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	642,000		'
Initial Costs to Company	'		'
Land	86,000		'
Buildings and Improvements	792,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	878,000	[1],[2]	'
Accumulated Depreciation	19,000	[3],[4]	'
Deductions	'		'
Balance, end of period	878,000	[1],[2]	'
Deductions	'		'
Balance, end of period	19,000	[3],[4]	'
Dollar General: | Wakefield, KS	'		'
Initial Costs to Company	'		'
Land	78,000		'
Buildings and Improvements	929,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,007,000	[1],[2]	'
Accumulated Depreciation	7,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,007,000	[1],[2]	'
Deductions	'		'
Balance, end of period	7,000	[3],[4]	'
Dollar General: | Weston, MO	'		'
Initial Costs to Company	'		'
Land	117,000		'
Buildings and Improvements	1,012,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,129,000	[1],[2]	'
Accumulated Depreciation	12,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,129,000	[1],[2]	'
Deductions	'		'
Balance, end of period	12,000	[3],[4]	'
Dollar General: | Whitehouse, OH	'		'
Initial Costs to Company	'		'
Land	134,000		'
Buildings and Improvements	1,144,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,278,000	[1],[2]	'
Accumulated Depreciation	6,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,278,000	[1],[2]	'
Deductions	'		'
Balance, end of period	6,000	[3],[4]	'
Dollar General: | Whitwell, TN	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	870,000		'
Initial Costs to Company	'		'
Land	159,000		'
Buildings and Improvements	1,035,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,194,000	[1],[2]	'
Accumulated Depreciation	35,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,194,000	[1],[2]	'
Deductions	'		'
Balance, end of period	35,000	[3],[4]	'
Dollar General: | Wilmer, AL	'		'
Initial Costs to Company	'		'
Land	99,000		'
Buildings and Improvements	775,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	874,000	[1],[2]	'
Accumulated Depreciation	8,000	[3],[4]	'
Deductions	'		'
Balance, end of period	874,000	[1],[2]	'
Deductions	'		'
Balance, end of period	8,000	[3],[4]	'
Dollar General: | Woodville, OH	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	786,000		'
Initial Costs to Company	'		'
Land	169,000		'
Buildings and Improvements	1,009,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,178,000	[1],[2]	'
Accumulated Depreciation	25,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,178,000	[1],[2]	'
Deductions	'		'
Balance, end of period	25,000	[3],[4]	'
Dollar General: | Yatesville, GA	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	666,000		'
Initial Costs to Company	'		'
Land	120,000		'
Buildings and Improvements	797,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	917,000	[1],[2]	'
Accumulated Depreciation	19,000	[3],[4]	'
Deductions	'		'
Balance, end of period	917,000	[1],[2]	'
Deductions	'		'
Balance, end of period	19,000	[3],[4]	'
Dollar Tree/Petco: | Humble, TX	'		'
Initial Costs to Company	'		'
Land	720,000		'
Buildings and Improvements	2,543,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,263,000	[1],[2]	'
Accumulated Depreciation	65,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,263,000	[1],[2]	'
Deductions	'		'
Balance, end of period	65,000	[3],[4]	'
Earth Fare: | Huntersville, NC	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	3,183,000		'
Initial Costs to Company	'		'
Land	1,439,000		'
Buildings and Improvements	2,973,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,412,000	[1],[2]	'
Accumulated Depreciation	73,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,412,000	[1],[2]	'
Deductions	'		'
Balance, end of period	73,000	[3],[4]	'
East Manchester Village Center: | Manchester, PA	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	0		'
Initial Costs to Company	'		'
Land	2,517,000		'
Buildings and Improvements	12,672,000		'
Total Adjustment to Basis	20,000		'
Gross Amount at Which Carried At December 31, 2013	15,209,000	[1],[2]	'
Accumulated Depreciation	15,000	[3],[4]	'
Deductions	'		'
Balance, end of period	15,209,000	[1],[2]	'
Deductions	'		'
Balance, end of period	15,000	[3],[4]	'
Emerald Place: | Greenwood, SC	'		'
Initial Costs to Company	'		'
Land	2,042,000		'
Buildings and Improvements	9,942,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	11,984,000	[1],[2]	'
Accumulated Depreciation	144,000	[3],[4]	'
Deductions	'		'
Balance, end of period	11,984,000	[1],[2]	'
Deductions	'		'
Balance, end of period	144,000	[3],[4]	'
Evergreen Marketplace: | Evergreen Park, IL	'		'
Initial Costs to Company	'		'
Land	2,823,000		'
Buildings and Improvements	6,239,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	9,062,000	[1],[2]	'
Accumulated Depreciation	59,000	[3],[4]	'
Deductions	'		'
Balance, end of period	9,062,000	[1],[2]	'
Deductions	'		'
Balance, end of period	59,000	[3],[4]	'
Fairview Village: | Cary, NC	'		'
Initial Costs to Company	'		'
Land	2,476,000		'
Buildings and Improvements	3,557,000		'
Total Adjustment to Basis	88,000		'
Gross Amount at Which Carried At December 31, 2013	6,121,000	[1],[2]	'
Accumulated Depreciation	105,000	[3],[4]	'
Deductions	'		'
Balance, end of period	6,121,000	[1],[2]	'
Deductions	'		'
Balance, end of period	105,000	[3],[4]	'
Family Dollar: | Bessemer, AL	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	0		'
Initial Costs to Company	'		'
Land	201,000		'
Buildings and Improvements	1,043,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,244,000	[1],[2]	'
Accumulated Depreciation	1,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,244,000	[1],[2]	'
Deductions	'		'
Balance, end of period	1,000	[3],[4]	'
Family Dollar: | Birmingham, AL	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	0		'
Initial Costs to Company	'		'
Land	500,000		'
Buildings and Improvements	831,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,331,000	[1],[2]	'
Accumulated Depreciation	1,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,331,000	[1],[2]	'
Deductions	'		'
Balance, end of period	1,000	[3],[4]	'
Family Dollar: | Brooksville, FL	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	0		'
Initial Costs to Company	'		'
Land	206,000		'
Buildings and Improvements	791,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	997,000	[1],[2]	'
Accumulated Depreciation	1,000	[3],[4]	'
Deductions	'		'
Balance, end of period	997,000	[1],[2]	'
Deductions	'		'
Balance, end of period	1,000	[3],[4]	'
Family Dollar: | Ft. Lauderdale, FL	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	0		'
Initial Costs to Company	'		'
Land	443,000		'
Buildings and Improvements	1,361,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,804,000	[1],[2]	'
Accumulated Depreciation	1,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,804,000	[1],[2]	'
Deductions	'		'
Balance, end of period	1,000	[3],[4]	'
Family Dollar: | Irvington, AL	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	0		'
Initial Costs to Company	'		'
Land	217,000		'
Buildings and Improvements	814,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,031,000	[1],[2]	'
Accumulated Depreciation	1,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,031,000	[1],[2]	'
Deductions	'		'
Balance, end of period	1,000	[3],[4]	'
Family Dollar: | Taft, CA	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	0		'
Initial Costs to Company	'		'
Land	255,000		'
Buildings and Improvements	1,422,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,677,000	[1],[2]	'
Accumulated Depreciation	14,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,677,000	[1],[2]	'
Deductions	'		'
Balance, end of period	14,000	[3],[4]	'
Family Dollar: | Tampa (Cragmont), FL	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	0		'
Initial Costs to Company	'		'
Land	563,000		'
Buildings and Improvements	737,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,300,000	[1],[2]	'
Accumulated Depreciation	1,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,300,000	[1],[2]	'
Deductions	'		'
Balance, end of period	1,000	[3],[4]	'
Family Dollar: | Tampa (Forest), FL	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	0		'
Initial Costs to Company	'		'
Land	482,000		'
Buildings and Improvements	920,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,402,000	[1],[2]	'
Accumulated Depreciation	1,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,402,000	[1],[2]	'
Deductions	'		'
Balance, end of period	1,000	[3],[4]	'
Family Dollar: | Tuscaloosa, AL	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	0		'
Initial Costs to Company	'		'
Land	534,000		'
Buildings and Improvements	817,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,351,000	[1],[2]	'
Accumulated Depreciation	1,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,351,000	[1],[2]	'
Deductions	'		'
Balance, end of period	1,000	[3],[4]	'
Fargo Plaza: | Fargo, ND	'		'
Initial Costs to Company	'		'
Land	2,097,000		'
Buildings and Improvements	4,774,000		'
Total Adjustment to Basis	378,000		'
Gross Amount at Which Carried At December 31, 2013	7,249,000	[1],[2]	'
Accumulated Depreciation	97,000	[3],[4]	'
Deductions	'		'
Balance, end of period	7,249,000	[1],[2]	'
Deductions	'		'
Balance, end of period	97,000	[3],[4]	'
Food 4 Less: | Atwater, CA	'		'
Initial Costs to Company	'		'
Land	1,383,000		'
Buildings and Improvements	5,271,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	6,654,000	[1],[2]	'
Accumulated Depreciation	19,000	[3],[4]	'
Deductions	'		'
Balance, end of period	6,654,000	[1],[2]	'
Deductions	'		'
Balance, end of period	19,000	[3],[4]	'
Fourth Creek Landing: | Stateville, NC	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	5,700,000		'
Initial Costs to Company	'		'
Land	1,375,000		'
Buildings and Improvements	7,795,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	9,170,000	[1],[2]	'
Accumulated Depreciation	211,000	[3],[4]	'
Deductions	'		'
Balance, end of period	9,170,000	[1],[2]	'
Deductions	'		'
Balance, end of period	211,000	[3],[4]	'
Gold’s Gym: | Corpus Christi, TX	'		'
Initial Costs to Company	'		'
Land	1,498,000		'
Buildings and Improvements	6,346,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	7,844,000	[1],[2]	'
Accumulated Depreciation	136,000	[3],[4]	'
Deductions	'		'
Balance, end of period	7,844,000	[1],[2]	'
Deductions	'		'
Balance, end of period	136,000	[3],[4]	'
Golden Corral: | Houston, TX	'		'
Initial Costs to Company	'		'
Land	1,375,000		'
Buildings and Improvements	2,350,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,725,000	[1],[2]	'
Accumulated Depreciation	67,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,725,000	[1],[2]	'
Deductions	'		'
Balance, end of period	67,000	[3],[4]	'
Golden Corral: | Garland, TX	'		'
Initial Costs to Company	'		'
Land	1,255,000		'
Buildings and Improvements	2,435,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,690,000	[1],[2]	'
Accumulated Depreciation	85,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,690,000	[1],[2]	'
Deductions	'		'
Balance, end of period	85,000	[3],[4]	'
Goodyear: | Pooler, GA	'		'
Initial Costs to Company	'		'
Land	569,000		'
Buildings and Improvements	1,484,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,053,000	[1],[2]	'
Accumulated Depreciation	23,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,053,000	[1],[2]	'
Deductions	'		'
Balance, end of period	23,000	[3],[4]	'
Hancock Village: | Chesterfield, VA	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	15,000,000		'
Initial Costs to Company	'		'
Land	8,874,000		'
Buildings and Improvements	17,287,000		'
Total Adjustment to Basis	96,000		'
Gross Amount at Which Carried At December 31, 2013	26,257,000	[1],[2]	'
Accumulated Depreciation	344,000	[3],[4]	'
Deductions	'		'
Balance, end of period	26,257,000	[1],[2]	'
Deductions	'		'
Balance, end of period	344,000	[3],[4]	'
Haverty Furniture: | Midland, TX	'		'
Initial Costs to Company	'		'
Land	709,000		'
Buildings and Improvements	1,294,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,003,000	[1],[2]	'
Accumulated Depreciation	20,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,003,000	[1],[2]	'
Deductions	'		'
Balance, end of period	20,000	[3],[4]	'
HEB Center: | Waxahachie, TX	'		'
Initial Costs to Company	'		'
Land	3,465,000		'
Buildings and Improvements	7,952,000		'
Total Adjustment to Basis	264,000		'
Gross Amount at Which Carried At December 31, 2013	11,681,000	[1],[2]	'
Accumulated Depreciation	322,000	[3],[4]	'
Deductions	'		'
Balance, end of period	11,681,000	[1],[2]	'
Deductions	'		'
Balance, end of period	322,000	[3],[4]	'
Hickory Flat Commons: | Canton, GA	'		'
Initial Costs to Company	'		'
Land	4,482,000		'
Buildings and Improvements	13,174,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	17,656,000	[1],[2]	'
Accumulated Depreciation	416,000	[3],[4]	'
Deductions	'		'
Balance, end of period	17,656,000	[1],[2]	'
Deductions	'		'
Balance, end of period	416,000	[3],[4]	'
Hobby Lobby: | Lewisville, TX	'		'
Initial Costs to Company	'		'
Land	2,184,000		'
Buildings and Improvements	8,977,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	11,161,000	[1],[2]	'
Accumulated Depreciation	31,000	[3],[4]	'
Deductions	'		'
Balance, end of period	11,161,000	[1],[2]	'
Deductions	'		'
Balance, end of period	31,000	[3],[4]	'
Hobby Lobby: | Mooresville, NC	'		'
Initial Costs to Company	'		'
Land	869,000		'
Buildings and Improvements	4,249,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	5,118,000	[1],[2]	'
Accumulated Depreciation	167,000	[3],[4]	'
Deductions	'		'
Balance, end of period	5,118,000	[1],[2]	'
Deductions	'		'
Balance, end of period	167,000	[3],[4]	'
Home Depot: | North Canton, OH	'		'
Initial Costs to Company	'		'
Land	2,203,000		'
Buildings and Improvements	12,012,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	14,215,000	[1],[2]	'
Accumulated Depreciation	338,000	[3],[4]	'
Deductions	'		'
Balance, end of period	14,215,000	[1],[2]	'
Deductions	'		'
Balance, end of period	338,000	[3],[4]	'
Home Depot: | Plainwell, MI	'		'
Initial Costs to Company	'		'
Land	521,000		'
Buildings and Improvements	11,905,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	12,426,000	[1],[2]	'
Accumulated Depreciation	189,000	[3],[4]	'
Deductions	'		'
Balance, end of period	12,426,000	[1],[2]	'
Deductions	'		'
Balance, end of period	189,000	[3],[4]	'
Kirklands: | Jonesboro, AR	'		'
Initial Costs to Company	'		'
Land	696,000		'
Buildings and Improvements	1,990,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,686,000	[1],[2]	'
Accumulated Depreciation	56,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,686,000	[1],[2]	'
Deductions	'		'
Balance, end of period	56,000	[3],[4]	'
Kohl’s: | Cedar Falls, IA	'		'
Initial Costs to Company	'		'
Land	1,600,000		'
Buildings and Improvements	5,796,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	7,396,000	[1],[2]	'
Accumulated Depreciation	164,000	[3],[4]	'
Deductions	'		'
Balance, end of period	7,396,000	[1],[2]	'
Deductions	'		'
Balance, end of period	164,000	[3],[4]	'
Kohl’s: | Hutchinson, KS	'		'
Initial Costs to Company	'		'
Land	3,290,000		'
Buildings and Improvements	0		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,290,000	[1],[2]	'
Accumulated Depreciation	0	[3],[4]	'
Deductions	'		'
Balance, end of period	3,290,000	[1],[2]	'
Deductions	'		'
Balance, end of period	0	[3],[4]	'
Kroger: | Whitehall, OH	'		'
Initial Costs to Company	'		'
Land	581,000		'
Buildings and Improvements	6,628,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	7,209,000	[1],[2]	'
Accumulated Depreciation	8,000	[3],[4]	'
Deductions	'		'
Balance, end of period	7,209,000	[1],[2]	'
Deductions	'		'
Balance, end of period	8,000	[3],[4]	'
Kum & Go: | Bentonville (Central), AR	'		'
Initial Costs to Company	'		'
Land	916,000		'
Buildings and Improvements	1,864,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,780,000	[1],[2]	'
Accumulated Depreciation	31,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,780,000	[1],[2]	'
Deductions	'		'
Balance, end of period	31,000	[3],[4]	'
Kum & Go: | Fairfield, IA	'		'
Initial Costs to Company	'		'
Land	422,000		'
Buildings and Improvements	1,913,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,335,000	[1],[2]	'
Accumulated Depreciation	32,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,335,000	[1],[2]	'
Deductions	'		'
Balance, end of period	32,000	[3],[4]	'
Kum & Go: | Mount Vernon, MO	'		'
Initial Costs to Company	'		'
Land	708,000		'
Buildings and Improvements	1,756,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,464,000	[1],[2]	'
Accumulated Depreciation	29,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,464,000	[1],[2]	'
Deductions	'		'
Balance, end of period	29,000	[3],[4]	'
Kum & Go: | Urbandale, IA	'		'
Initial Costs to Company	'		'
Land	722,000		'
Buildings and Improvements	1,658,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,380,000	[1],[2]	'
Accumulated Depreciation	28,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,380,000	[1],[2]	'
Deductions	'		'
Balance, end of period	28,000	[3],[4]	'
L.A. Fitness: | Houston, TX	'		'
Initial Costs to Company	'		'
Land	5,764,000		'
Buildings and Improvements	5,994,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	11,758,000	[1],[2]	'
Accumulated Depreciation	46,000	[3],[4]	'
Deductions	'		'
Balance, end of period	11,758,000	[1],[2]	'
Deductions	'		'
Balance, end of period	46,000	[3],[4]	'
L.A. Fitness: | Garland, TX	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	0		'
Initial Costs to Company	'		'
Land	2,005,000		'
Buildings and Improvements	6,861,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	8,866,000	[1],[2]	'
Accumulated Depreciation	7,000	[3],[4]	'
Deductions	'		'
Balance, end of period	8,866,000	[1],[2]	'
Deductions	'		'
Balance, end of period	7,000	[3],[4]	'
L.A. Fitness: | Bloomfield Township, MI	'		'
Initial Costs to Company	'		'
Land	2,287,000		'
Buildings and Improvements	10,075,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	12,362,000	[1],[2]	'
Accumulated Depreciation	154,000	[3],[4]	'
Deductions	'		'
Balance, end of period	12,362,000	[1],[2]	'
Deductions	'		'
Balance, end of period	154,000	[3],[4]	'
L.A. Fitness: | Mesa, AZ	'		'
Initial Costs to Company	'		'
Land	1,353,000		'
Buildings and Improvements	7,730,000		'
Total Adjustment to Basis	20,000		'
Gross Amount at Which Carried At December 31, 2013	9,103,000	[1],[2]	'
Accumulated Depreciation	135,000	[3],[4]	'
Deductions	'		'
Balance, end of period	9,103,000	[1],[2]	'
Deductions	'		'
Balance, end of period	135,000	[3],[4]	'
L.A. Fitness: | Ocoee, FL	'		'
Initial Costs to Company	'		'
Land	1,173,000		'
Buildings and Improvements	6,876,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	8,049,000	[1],[2]	'
Accumulated Depreciation	72,000	[3],[4]	'
Deductions	'		'
Balance, end of period	8,049,000	[1],[2]	'
Deductions	'		'
Balance, end of period	72,000	[3],[4]	'
L.A. Fitness: | Riverside, CA	'		'
Initial Costs to Company	'		'
Land	2,557,000		'
Buildings and Improvements	9,951,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	12,508,000	[1],[2]	'
Accumulated Depreciation	100,000	[3],[4]	'
Deductions	'		'
Balance, end of period	12,508,000	[1],[2]	'
Deductions	'		'
Balance, end of period	100,000	[3],[4]	'
Logan’s Roadhouse: | Bristol, VA	'		'
Initial Costs to Company	'		'
Land	991,000		'
Buildings and Improvements	2,560,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,551,000	[1],[2]	'
Accumulated Depreciation	68,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,551,000	[1],[2]	'
Deductions	'		'
Balance, end of period	68,000	[3],[4]	'
Logan’s Roadhouse: | Lancaster, TX	'		'
Initial Costs to Company	'		'
Land	1,203,000		'
Buildings and Improvements	1,620,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,823,000	[1],[2]	'
Accumulated Depreciation	53,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,823,000	[1],[2]	'
Deductions	'		'
Balance, end of period	53,000	[3],[4]	'
Logan’s Roadhouse: | Martinsburg, WV	'		'
Initial Costs to Company	'		'
Land	925,000		'
Buildings and Improvements	2,183,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,108,000	[1],[2]	'
Accumulated Depreciation	12,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,108,000	[1],[2]	'
Deductions	'		'
Balance, end of period	12,000	[3],[4]	'
Logan’s Roadhouse: | Opelika, AL	'		'
Initial Costs to Company	'		'
Land	836,000		'
Buildings and Improvements	1,508,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,344,000	[1],[2]	'
Accumulated Depreciation	50,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,344,000	[1],[2]	'
Deductions	'		'
Balance, end of period	50,000	[3],[4]	'
Logan’s Roadhouse: | Sanford, FL	'		'
Initial Costs to Company	'		'
Land	1,031,000		'
Buildings and Improvements	1,807,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,838,000	[1],[2]	'
Accumulated Depreciation	60,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,838,000	[1],[2]	'
Deductions	'		'
Balance, end of period	60,000	[3],[4]	'
Logan’s Roadhouse: | Troy, OH	'		'
Initial Costs to Company	'		'
Land	992,000		'
Buildings and Improvements	1,577,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,569,000	[1],[2]	'
Accumulated Depreciation	51,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,569,000	[1],[2]	'
Deductions	'		'
Balance, end of period	51,000	[3],[4]	'
Lowe’s: | Oxford, AL	'		'
Initial Costs to Company	'		'
Land	1,668,000		'
Buildings and Improvements	7,622,000		'
Total Adjustment to Basis	386,000		'
Gross Amount at Which Carried At December 31, 2013	9,676,000	[1],[2]	'
Accumulated Depreciation	125,000	[3],[4]	'
Deductions	'		'
Balance, end of period	9,676,000	[1],[2]	'
Deductions	'		'
Balance, end of period	125,000	[3],[4]	'
Lowe’s: | Tuscaloosa, AL	'		'
Initial Costs to Company	'		'
Land	4,908,000		'
Buildings and Improvements	4,786,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	9,694,000	[1],[2]	'
Accumulated Depreciation	28,000	[3],[4]	'
Deductions	'		'
Balance, end of period	9,694,000	[1],[2]	'
Deductions	'		'
Balance, end of period	28,000	[3],[4]	'
Lowe’s: | Adrian, MI	'		'
Initial Costs to Company	'		'
Land	2,604,000		'
Buildings and Improvements	5,036,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	7,640,000	[1],[2]	'
Accumulated Depreciation	51,000	[3],[4]	'
Deductions	'		'
Balance, end of period	7,640,000	[1],[2]	'
Deductions	'		'
Balance, end of period	51,000	[3],[4]	'
Lowe’s: | Columbia, SC	'		'
Initial Costs to Company	'		'
Land	3,943,000		'
Buildings and Improvements	6,353,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	10,296,000	[1],[2]	'
Accumulated Depreciation	50,000	[3],[4]	'
Deductions	'		'
Balance, end of period	10,296,000	[1],[2]	'
Deductions	'		'
Balance, end of period	50,000	[3],[4]	'
Lowe’s: | Zanesville, OH	'		'
Initial Costs to Company	'		'
Land	2,161,000		'
Buildings and Improvements	8,375,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	10,536,000	[1],[2]	'
Accumulated Depreciation	9,000	[3],[4]	'
Deductions	'		'
Balance, end of period	10,536,000	[1],[2]	'
Deductions	'		'
Balance, end of period	9,000	[3],[4]	'
Market Heights Shopping Center: | Harker Heights, TX	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	47,000,000		'
Initial Costs to Company	'		'
Land	12,888,000		'
Buildings and Improvements	64,105,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	76,993,000	[1],[2]	'
Accumulated Depreciation	261,000	[3],[4]	'
Deductions	'		'
Balance, end of period	76,993,000	[1],[2]	'
Deductions	'		'
Balance, end of period	261,000	[3],[4]	'
Marketplace at the Lakes: | West Covina, CA	'		'
Initial Costs to Company	'		'
Land	10,020,000		'
Buildings and Improvements	8,664,000		'
Total Adjustment to Basis	1,000		'
Gross Amount at Which Carried At December 31, 2013	18,685,000	[1],[2]	'
Accumulated Depreciation	132,000	[3],[4]	'
Deductions	'		'
Balance, end of period	18,685,000	[1],[2]	'
Deductions	'		'
Balance, end of period	132,000	[3],[4]	'
Matteson Center: | Matteson, IL	'		'
Initial Costs to Company	'		'
Land	1,243,000		'
Buildings and Improvements	17,427,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	18,670,000	[1],[2]	'
Accumulated Depreciation	74,000	[3],[4]	'
Deductions	'		'
Balance, end of period	18,670,000	[1],[2]	'
Deductions	'		'
Balance, end of period	74,000	[3],[4]	'
Mattress Firm: | Jonesboro, AR	'		'
Initial Costs to Company	'		'
Land	729,000		'
Buildings and Improvements	1,194,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,923,000	[1],[2]	'
Accumulated Depreciation	49,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,923,000	[1],[2]	'
Deductions	'		'
Balance, end of period	49,000	[3],[4]	'
Mattress Firm: | Brunswick, GA	'		'
Initial Costs to Company	'		'
Land	343,000		'
Buildings and Improvements	1,040,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,383,000	[1],[2]	'
Accumulated Depreciation	11,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,383,000	[1],[2]	'
Deductions	'		'
Balance, end of period	11,000	[3],[4]	'
Mattress Firm: | Pineville, NC	'		'
Initial Costs to Company	'		'
Land	1,557,000		'
Buildings and Improvements	1,198,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,755,000	[1],[2]	'
Accumulated Depreciation	44,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,755,000	[1],[2]	'
Deductions	'		'
Balance, end of period	44,000	[3],[4]	'
Michael’s: | Bowling Green, KY	'		'
Initial Costs to Company	'		'
Land	587,000		'
Buildings and Improvements	1,992,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,579,000	[1],[2]	'
Accumulated Depreciation	69,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,579,000	[1],[2]	'
Deductions	'		'
Balance, end of period	69,000	[3],[4]	'
National Tire & Battery: | Fort Worth, TX	'		'
Initial Costs to Company	'		'
Land	936,000		'
Buildings and Improvements	1,234,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,170,000	[1],[2]	'
Accumulated Depreciation	12,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,170,000	[1],[2]	'
Deductions	'		'
Balance, end of period	12,000	[3],[4]	'
National Tire & Battery: | Cedar Hill, TX	'		'
Initial Costs to Company	'		'
Land	469,000		'
Buildings and Improvements	1,951,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,420,000	[1],[2]	'
Accumulated Depreciation	52,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,420,000	[1],[2]	'
Deductions	'		'
Balance, end of period	52,000	[3],[4]	'
National Tire & Battery: | Frisco, TX	'		'
Initial Costs to Company	'		'
Land	844,000		'
Buildings and Improvements	1,608,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,452,000	[1],[2]	'
Accumulated Depreciation	16,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,452,000	[1],[2]	'
Deductions	'		'
Balance, end of period	16,000	[3],[4]	'
National Tire & Battery: | Montgomery, IL	'		'
Initial Costs to Company	'		'
Land	516,000		'
Buildings and Improvements	2,494,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,010,000	[1],[2]	'
Accumulated Depreciation	62,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,010,000	[1],[2]	'
Deductions	'		'
Balance, end of period	62,000	[3],[4]	'
Natural Grocers: | Lubbock, TX	'		'
Initial Costs to Company	'		'
Land	1,093,000		'
Buildings and Improvements	3,621,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,714,000	[1],[2]	'
Accumulated Depreciation	66,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,714,000	[1],[2]	'
Deductions	'		'
Balance, end of period	66,000	[3],[4]	'
Natural Grocers: | Denton, TX	'		'
Initial Costs to Company	'		'
Land	1,326,000		'
Buildings and Improvements	3,134,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,460,000	[1],[2]	'
Accumulated Depreciation	38,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,460,000	[1],[2]	'
Deductions	'		'
Balance, end of period	38,000	[3],[4]	'
Nordstrom Rack: | Tampa, FL	'		'
Initial Costs to Company	'		'
Land	3,371,000		'
Buildings and Improvements	6,402,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	9,773,000	[1],[2]	'
Accumulated Depreciation	341,000	[3],[4]	'
Deductions	'		'
Balance, end of period	9,773,000	[1],[2]	'
Deductions	'		'
Balance, end of period	341,000	[3],[4]	'
O’Reilly Automotive: | Brownfield, TX	'		'
Initial Costs to Company	'		'
Land	22,000		'
Buildings and Improvements	835,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	857,000	[1],[2]	'
Accumulated Depreciation	36,000	[3],[4]	'
Deductions	'		'
Balance, end of period	857,000	[1],[2]	'
Deductions	'		'
Balance, end of period	36,000	[3],[4]	'
O’Reilly Automotive: | Columbus, TX	'		'
Initial Costs to Company	'		'
Land	260,000		'
Buildings and Improvements	757,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,017,000	[1],[2]	'
Accumulated Depreciation	31,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,017,000	[1],[2]	'
Deductions	'		'
Balance, end of period	31,000	[3],[4]	'
Park Place: | Enterprise, AL	'		'
Initial Costs to Company	'		'
Land	931,000		'
Buildings and Improvements	8,595,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	9,526,000	[1],[2]	'
Accumulated Depreciation	84,000	[3],[4]	'
Deductions	'		'
Balance, end of period	9,526,000	[1],[2]	'
Deductions	'		'
Balance, end of period	84,000	[3],[4]	'
Pep Boys: | Clermont, FL	'		'
Initial Costs to Company	'		'
Land	799,000		'
Buildings and Improvements	1,993,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,792,000	[1],[2]	'
Accumulated Depreciation	30,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,792,000	[1],[2]	'
Deductions	'		'
Balance, end of period	30,000	[3],[4]	'
Pep Boys: | Oviedo, FL	'		'
Initial Costs to Company	'		'
Land	669,000		'
Buildings and Improvements	2,172,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,841,000	[1],[2]	'
Accumulated Depreciation	13,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,841,000	[1],[2]	'
Deductions	'		'
Balance, end of period	13,000	[3],[4]	'
Petsmart: | Baton Rouge, LA	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	2,509,000		'
Initial Costs to Company	'		'
Land	651,000		'
Buildings and Improvements	2,968,000		'
Total Adjustment to Basis	113,000		'
Gross Amount at Which Carried At December 31, 2013	3,732,000	[1],[2]	'
Accumulated Depreciation	109,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,732,000	[1],[2]	'
Deductions	'		'
Balance, end of period	109,000	[3],[4]	'
Petsmart: | Commerce Township, MI	'		'
Initial Costs to Company	'		'
Land	539,000		'
Buildings and Improvements	1,960,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,499,000	[1],[2]	'
Accumulated Depreciation	53,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,499,000	[1],[2]	'
Deductions	'		'
Balance, end of period	53,000	[3],[4]	'
Petsmart: | Eden Prairie, MN	'		'
Initial Costs to Company	'		'
Land	1,279,000		'
Buildings and Improvements	2,030,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,309,000	[1],[2]	'
Accumulated Depreciation	13,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,309,000	[1],[2]	'
Deductions	'		'
Balance, end of period	13,000	[3],[4]	'
Petsmart: | Edmond, OK	'		'
Initial Costs to Company	'		'
Land	816,000		'
Buildings and Improvements	3,266,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,082,000	[1],[2]	'
Accumulated Depreciation	83,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,082,000	[1],[2]	'
Deductions	'		'
Balance, end of period	83,000	[3],[4]	'
Petsmart: | North Fayette Township, PA	'		'
Initial Costs to Company	'		'
Land	1,615,000		'
Buildings and Improvements	1,503,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,118,000	[1],[2]	'
Accumulated Depreciation	25,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,118,000	[1],[2]	'
Deductions	'		'
Balance, end of period	25,000	[3],[4]	'
Petsmart: | Overland Park, KS	'		'
Initial Costs to Company	'		'
Land	2,025,000		'
Buildings and Improvements	2,181,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,206,000	[1],[2]	'
Accumulated Depreciation	12,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,206,000	[1],[2]	'
Deductions	'		'
Balance, end of period	12,000	[3],[4]	'
Petsmart: | Taylor, MI	'		'
Initial Costs to Company	'		'
Land	331,000		'
Buildings and Improvements	2,438,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,769,000	[1],[2]	'
Accumulated Depreciation	45,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,769,000	[1],[2]	'
Deductions	'		'
Balance, end of period	45,000	[3],[4]	'
Petsmart: | Tucson, AZ	'		'
Initial Costs to Company	'		'
Land	1,114,000		'
Buildings and Improvements	2,771,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,885,000	[1],[2]	'
Accumulated Depreciation	11,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,885,000	[1],[2]	'
Deductions	'		'
Balance, end of period	11,000	[3],[4]	'
Petsmart: | Wilkesboro, NC	'		'
Initial Costs to Company	'		'
Land	447,000		'
Buildings and Improvements	1,710,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,157,000	[1],[2]	'
Accumulated Depreciation	79,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,157,000	[1],[2]	'
Deductions	'		'
Balance, end of period	79,000	[3],[4]	'
Petsmart/Old Navy: | Reynoldsburg, OH	'		'
Initial Costs to Company	'		'
Land	1,295,000		'
Buildings and Improvements	4,077,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	5,372,000	[1],[2]	'
Accumulated Depreciation	127,000	[3],[4]	'
Deductions	'		'
Balance, end of period	5,372,000	[1],[2]	'
Deductions	'		'
Balance, end of period	127,000	[3],[4]	'
Pick’N Save: | Sheboygan, WI	'		'
Initial Costs to Company	'		'
Land	2,003,000		'
Buildings and Improvements	10,695,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	12,698,000	[1],[2]	'
Accumulated Depreciation	365,000	[3],[4]	'
Deductions	'		'
Balance, end of period	12,698,000	[1],[2]	'
Deductions	'		'
Balance, end of period	365,000	[3],[4]	'
Pick’N Save: | South Milwaukee, WI	'		'
Initial Costs to Company	'		'
Land	1,126,000		'
Buildings and Improvements	5,706,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	6,832,000	[1],[2]	'
Accumulated Depreciation	19,000	[3],[4]	'
Deductions	'		'
Balance, end of period	6,832,000	[1],[2]	'
Deductions	'		'
Balance, end of period	19,000	[3],[4]	'
Popular Springs Plaza: | Duncan, SC	'		'
Initial Costs to Company	'		'
Land	1,862,000		'
Buildings and Improvements	5,277,000		'
Total Adjustment to Basis	149,000		'
Gross Amount at Which Carried At December 31, 2013	7,288,000	[1],[2]	'
Accumulated Depreciation	92,000	[3],[4]	'
Deductions	'		'
Balance, end of period	7,288,000	[1],[2]	'
Deductions	'		'
Balance, end of period	92,000	[3],[4]	'
Quick Chek: | Middletown, NY	'		'
Initial Costs to Company	'		'
Land	1,297,000		'
Buildings and Improvements	5,963,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	7,260,000	[1],[2]	'
Accumulated Depreciation	95,000	[3],[4]	'
Deductions	'		'
Balance, end of period	7,260,000	[1],[2]	'
Deductions	'		'
Balance, end of period	95,000	[3],[4]	'
Quick Chek: | Middletown, NY	'		'
Initial Costs to Company	'		'
Land	1,437,000		'
Buildings and Improvements	4,656,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	6,093,000	[1],[2]	'
Accumulated Depreciation	75,000	[3],[4]	'
Deductions	'		'
Balance, end of period	6,093,000	[1],[2]	'
Deductions	'		'
Balance, end of period	75,000	[3],[4]	'
Quick Chek: | Kingston , NY	'		'
Initial Costs to Company	'		'
Land	831,000		'
Buildings and Improvements	5,783,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	6,614,000	[1],[2]	'
Accumulated Depreciation	92,000	[3],[4]	'
Deductions	'		'
Balance, end of period	6,614,000	[1],[2]	'
Deductions	'		'
Balance, end of period	92,000	[3],[4]	'
Quick Chek: | Lake Katrine, NY	'		'
Initial Costs to Company	'		'
Land	1,507,000		'
Buildings and Improvements	4,569,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	6,076,000	[1],[2]	'
Accumulated Depreciation	71,000	[3],[4]	'
Deductions	'		'
Balance, end of period	6,076,000	[1],[2]	'
Deductions	'		'
Balance, end of period	71,000	[3],[4]	'
Quick Chek: | Middletown (Main), NY	'		'
Initial Costs to Company	'		'
Land	1,335,000		'
Buildings and Improvements	5,732,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	7,067,000	[1],[2]	'
Accumulated Depreciation	92,000	[3],[4]	'
Deductions	'		'
Balance, end of period	7,067,000	[1],[2]	'
Deductions	'		'
Balance, end of period	92,000	[3],[4]	'
Quick Chek: | Sagerties, NY	'		'
Initial Costs to Company	'		'
Land	1,242,000		'
Buildings and Improvements	5,372,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	6,614,000	[1],[2]	'
Accumulated Depreciation	86,000	[3],[4]	'
Deductions	'		'
Balance, end of period	6,614,000	[1],[2]	'
Deductions	'		'
Balance, end of period	86,000	[3],[4]	'
Regent Towne Center: | Fort Mill, SC	'		'
Initial Costs to Company	'		'
Land	1,455,000		'
Buildings and Improvements	5,063,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	6,518,000	[1],[2]	'
Accumulated Depreciation	86,000	[3],[4]	'
Deductions	'		'
Balance, end of period	6,518,000	[1],[2]	'
Deductions	'		'
Balance, end of period	86,000	[3],[4]	'
Rite Aid: | Columbia, SC	'		'
Initial Costs to Company	'		'
Land	854,000		'
Buildings and Improvements	2,281,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,135,000	[1],[2]	'
Accumulated Depreciation	3,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,135,000	[1],[2]	'
Deductions	'		'
Balance, end of period	3,000	[3],[4]	'
Ross: | Fort Worth, TX	'		'
Initial Costs to Company	'		'
Land	1,273,000		'
Buildings and Improvements	3,157,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,430,000	[1],[2]	'
Accumulated Depreciation	108,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,430,000	[1],[2]	'
Deductions	'		'
Balance, end of period	108,000	[3],[4]	'
Shoppes at Lake Andrew: | Melbourne, FL	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	0		'
Initial Costs to Company	'		'
Land	3,921,000		'
Buildings and Improvements	16,831,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	20,752,000	[1],[2]	'
Accumulated Depreciation	24,000	[3],[4]	'
Deductions	'		'
Balance, end of period	20,752,000	[1],[2]	'
Deductions	'		'
Balance, end of period	24,000	[3],[4]	'
Spinx: | Simpsonville, SC	'		'
Initial Costs to Company	'		'
Land	591,000		'
Buildings and Improvements	969,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,560,000	[1],[2]	'
Accumulated Depreciation	23,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,560,000	[1],[2]	'
Deductions	'		'
Balance, end of period	23,000	[3],[4]	'
Sprouts: | Bixby, OK	'		'
Initial Costs to Company	'		'
Land	1,320,000		'
Buildings and Improvements	7,117,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	8,437,000	[1],[2]	'
Accumulated Depreciation	84,000	[3],[4]	'
Deductions	'		'
Balance, end of period	8,437,000	[1],[2]	'
Deductions	'		'
Balance, end of period	84,000	[3],[4]	'
Stripes: | Brownsville, TX	'		'
Initial Costs to Company	'		'
Land	210,000		'
Buildings and Improvements	2,386,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,596,000	[1],[2]	'
Accumulated Depreciation	96,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,596,000	[1],[2]	'
Deductions	'		'
Balance, end of period	96,000	[3],[4]	'
Stripes: | Midland, TX	'		'
Initial Costs to Company	'		'
Land	620,000		'
Buildings and Improvements	5,551,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	6,171,000	[1],[2]	'
Accumulated Depreciation	199,000	[3],[4]	'
Deductions	'		'
Balance, end of period	6,171,000	[1],[2]	'
Deductions	'		'
Balance, end of period	199,000	[3],[4]	'
Stripes: | Brownwood, TX	'		'
Initial Costs to Company	'		'
Land	484,000		'
Buildings and Improvements	3,086,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,570,000	[1],[2]	'
Accumulated Depreciation	120,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,570,000	[1],[2]	'
Deductions	'		'
Balance, end of period	120,000	[3],[4]	'
Stripes: | McAllen, TX	'		'
Initial Costs to Company	'		'
Land	604,000		'
Buildings and Improvements	1,909,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,513,000	[1],[2]	'
Accumulated Depreciation	89,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,513,000	[1],[2]	'
Deductions	'		'
Balance, end of period	89,000	[3],[4]	'
Stripes: | Mission, TX	'		'
Initial Costs to Company	'		'
Land	215,000		'
Buildings and Improvements	2,170,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,385,000	[1],[2]	'
Accumulated Depreciation	88,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,385,000	[1],[2]	'
Deductions	'		'
Balance, end of period	88,000	[3],[4]	'
Stripes: | Odessa, TX	'		'
Initial Costs to Company	'		'
Land	569,000		'
Buildings and Improvements	4,940,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	5,509,000	[1],[2]	'
Accumulated Depreciation	176,000	[3],[4]	'
Deductions	'		'
Balance, end of period	5,509,000	[1],[2]	'
Deductions	'		'
Balance, end of period	176,000	[3],[4]	'
Summerfield Crossing: | Riverview, FL	'		'
Initial Costs to Company	'		'
Land	6,130,000		'
Buildings and Improvements	6,753,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	12,883,000	[1],[2]	'
Accumulated Depreciation	87,000	[3],[4]	'
Deductions	'		'
Balance, end of period	12,883,000	[1],[2]	'
Deductions	'		'
Balance, end of period	87,000	[3],[4]	'
Sunbelt Rentals: | Canton, OH	'		'
Initial Costs to Company	'		'
Land	147,000		'
Buildings and Improvements	1,679,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,826,000	[1],[2]	'
Accumulated Depreciation	12,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,826,000	[1],[2]	'
Deductions	'		'
Balance, end of period	12,000	[3],[4]	'
Sunoco: | Cocoa, FL	'		'
Initial Costs to Company	'		'
Land	625,000		'
Buildings and Improvements	1,062,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,687,000	[1],[2]	'
Accumulated Depreciation	19,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,687,000	[1],[2]	'
Deductions	'		'
Balance, end of period	19,000	[3],[4]	'
Sunoco: | Mangonia Park, FL	'		'
Initial Costs to Company	'		'
Land	689,000		'
Buildings and Improvements	600,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,289,000	[1],[2]	'
Accumulated Depreciation	11,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,289,000	[1],[2]	'
Deductions	'		'
Balance, end of period	11,000	[3],[4]	'
Sunoco: | Merritt Island, FL	'		'
Initial Costs to Company	'		'
Land	610,000		'
Buildings and Improvements	1,123,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,733,000	[1],[2]	'
Accumulated Depreciation	20,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,733,000	[1],[2]	'
Deductions	'		'
Balance, end of period	20,000	[3],[4]	'
Sunoco: | Palm Beach Gardens, FL	'		'
Initial Costs to Company	'		'
Land	1,050,000		'
Buildings and Improvements	2,667,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,717,000	[1],[2]	'
Accumulated Depreciation	47,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,717,000	[1],[2]	'
Deductions	'		'
Balance, end of period	47,000	[3],[4]	'
Sunoco: | Palm City, FL	'		'
Initial Costs to Company	'		'
Land	667,000		'
Buildings and Improvements	1,698,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,365,000	[1],[2]	'
Accumulated Depreciation	30,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,365,000	[1],[2]	'
Deductions	'		'
Balance, end of period	30,000	[3],[4]	'
Sunoco: | Palm Springs, FL	'		'
Initial Costs to Company	'		'
Land	580,000		'
Buildings and Improvements	1,907,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,487,000	[1],[2]	'
Accumulated Depreciation	34,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,487,000	[1],[2]	'
Deductions	'		'
Balance, end of period	34,000	[3],[4]	'
Sunoco: | Sebastian, FL	'		'
Initial Costs to Company	'		'
Land	490,000		'
Buildings and Improvements	2,128,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,618,000	[1],[2]	'
Accumulated Depreciation	38,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,618,000	[1],[2]	'
Deductions	'		'
Balance, end of period	38,000	[3],[4]	'
Sunoco: | Titusville, FL	'		'
Initial Costs to Company	'		'
Land	626,000		'
Buildings and Improvements	2,534,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,160,000	[1],[2]	'
Accumulated Depreciation	45,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,160,000	[1],[2]	'
Deductions	'		'
Balance, end of period	45,000	[3],[4]	'
Sunoco: | West Palm Beach, FL	'		'
Initial Costs to Company	'		'
Land	637,000		'
Buildings and Improvements	443,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,080,000	[1],[2]	'
Accumulated Depreciation	8,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,080,000	[1],[2]	'
Deductions	'		'
Balance, end of period	8,000	[3],[4]	'
Sunoco Center: | Titusville (Sisson), FL	'		'
Initial Costs to Company	'		'
Land	799,000		'
Buildings and Improvements	587,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,386,000	[1],[2]	'
Accumulated Depreciation	11,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,386,000	[1],[2]	'
Deductions	'		'
Balance, end of period	11,000	[3],[4]	'
The Market at Polaris: | Columbus, OH	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	0		'
Initial Costs to Company	'		'
Land	11,828,000		'
Buildings and Improvements	41,702,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	53,530,000	[1],[2]	'
Accumulated Depreciation	50,000	[3],[4]	'
Deductions	'		'
Balance, end of period	53,530,000	[1],[2]	'
Deductions	'		'
Balance, end of period	50,000	[3],[4]	'
The Marquis: | Williamsburg, VA	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	8,556,000		'
Initial Costs to Company	'		'
Land	2,615,000		'
Buildings and Improvements	11,406,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	14,021,000	[1],[2]	'
Accumulated Depreciation	406,000	[3],[4]	'
Deductions	'		'
Balance, end of period	14,021,000	[1],[2]	'
Deductions	'		'
Balance, end of period	406,000	[3],[4]	'
The Plant: | San Jose, CA	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	123,000,000		'
Initial Costs to Company	'		'
Land	67,596,000		'
Buildings and Improvements	108,203,000		'
Total Adjustment to Basis	18,000		'
Gross Amount at Which Carried At December 31, 2013	175,817,000	[1],[2]	'
Accumulated Depreciation	2,395,000	[3],[4]	'
Deductions	'		'
Balance, end of period	175,817,000	[1],[2]	'
Deductions	'		'
Balance, end of period	2,395,000	[3],[4]	'
Tire Kingdom: | Tarpon Springs, FL	'		'
Initial Costs to Company	'		'
Land	427,000		'
Buildings and Improvements	1,458,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	1,885,000	[1],[2]	'
Accumulated Depreciation	42,000	[3],[4]	'
Deductions	'		'
Balance, end of period	1,885,000	[1],[2]	'
Deductions	'		'
Balance, end of period	42,000	[3],[4]	'
TJ Maxx/Dollar Tree: | Oxford, OH	'		'
Initial Costs to Company	'		'
Land	641,000		'
Buildings and Improvements	2,673,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,314,000	[1],[2]	'
Accumulated Depreciation	57,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,314,000	[1],[2]	'
Deductions	'		'
Balance, end of period	57,000	[3],[4]	'
Tractor Supply: | Ashland, VA	'		'
Initial Costs to Company	'		'
Land	500,000		'
Buildings and Improvements	2,696,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,196,000	[1],[2]	'
Accumulated Depreciation	9,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,196,000	[1],[2]	'
Deductions	'		'
Balance, end of period	9,000	[3],[4]	'
Tractor Supply: | Cambridge, MN	'		'
Initial Costs to Company	'		'
Land	807,000		'
Buildings and Improvements	1,272,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,079,000	[1],[2]	'
Accumulated Depreciation	64,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,079,000	[1],[2]	'
Deductions	'		'
Balance, end of period	64,000	[3],[4]	'
Tractor Supply: | Canon City, CO	'		'
Initial Costs to Company	'		'
Land	597,000		'
Buildings and Improvements	2,527,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,124,000	[1],[2]	'
Accumulated Depreciation	71,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,124,000	[1],[2]	'
Deductions	'		'
Balance, end of period	71,000	[3],[4]	'
Tractor Supply: | Lumberton, NC	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	0		'
Initial Costs to Company	'		'
Land	611,000		'
Buildings and Improvements	2,007,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,618,000	[1],[2]	'
Accumulated Depreciation	36,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,618,000	[1],[2]	'
Deductions	'		'
Balance, end of period	36,000	[3],[4]	'
Tractor Supply: | Monticello, FL	'		'
Initial Costs to Company	'		'
Land	448,000		'
Buildings and Improvements	1,916,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,364,000	[1],[2]	'
Accumulated Depreciation	30,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,364,000	[1],[2]	'
Deductions	'		'
Balance, end of period	30,000	[3],[4]	'
Tractor Supply: | Newnan, GA	'		'
Initial Costs to Company	'		'
Land	1,182,000		'
Buildings and Improvements	1,950,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,132,000	[1],[2]	'
Accumulated Depreciation	60,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,132,000	[1],[2]	'
Deductions	'		'
Balance, end of period	60,000	[3],[4]	'
Tractor Supply: | Petersburg, VA	'		'
Initial Costs to Company	'		'
Land	514,000		'
Buildings and Improvements	2,439,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,953,000	[1],[2]	'
Accumulated Depreciation	14,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,953,000	[1],[2]	'
Deductions	'		'
Balance, end of period	14,000	[3],[4]	'
Tractor Supply: | South Hill, VA	'		'
Initial Costs to Company	'		'
Land	630,000		'
Buildings and Improvements	2,179,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,809,000	[1],[2]	'
Accumulated Depreciation	32,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,809,000	[1],[2]	'
Deductions	'		'
Balance, end of period	32,000	[3],[4]	'
Tractor Supply: | Spencer, WV	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	1,659,000		'
Initial Costs to Company	'		'
Land	455,000		'
Buildings and Improvements	2,187,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,642,000	[1],[2]	'
Accumulated Depreciation	70,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,642,000	[1],[2]	'
Deductions	'		'
Balance, end of period	70,000	[3],[4]	'
Tractor Supply: | Stuttgart, AR	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	1,543,000		'
Initial Costs to Company	'		'
Land	47,000		'
Buildings and Improvements	2,519,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,566,000	[1],[2]	'
Accumulated Depreciation	47,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,566,000	[1],[2]	'
Deductions	'		'
Balance, end of period	47,000	[3],[4]	'
Tractor Supply: | Weaverville, NC	'		'
Initial Costs to Company	'		'
Land	867,000		'
Buildings and Improvements	3,138,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,005,000	[1],[2]	'
Accumulated Depreciation	25,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,005,000	[1],[2]	'
Deductions	'		'
Balance, end of period	25,000	[3],[4]	'
Tractor Supply: | Woodward, OK	'		'
Initial Costs to Company	'		'
Land	446,000		'
Buildings and Improvements	1,973,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	2,419,000	[1],[2]	'
Accumulated Depreciation	7,000	[3],[4]	'
Deductions	'		'
Balance, end of period	2,419,000	[1],[2]	'
Deductions	'		'
Balance, end of period	7,000	[3],[4]	'
Trader Joe’s: | Asheville, NC	'		'
Initial Costs to Company	'		'
Land	2,770,000		'
Buildings and Improvements	3,766,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	6,536,000	[1],[2]	'
Accumulated Depreciation	22,000	[3],[4]	'
Deductions	'		'
Balance, end of period	6,536,000	[1],[2]	'
Deductions	'		'
Balance, end of period	22,000	[3],[4]	'
Trader Joe’s: | Columbia, SC	'		'
Initial Costs to Company	'		'
Land	2,308,000		'
Buildings and Improvements	2,597,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,905,000	[1],[2]	'
Accumulated Depreciation	60,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,905,000	[1],[2]	'
Deductions	'		'
Balance, end of period	60,000	[3],[4]	'
Trader Joe’s: | Wilmington, NC	'		'
Initial Costs to Company	'		'
Land	2,016,000		'
Buildings and Improvements	2,519,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,535,000	[1],[2]	'
Accumulated Depreciation	45,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,535,000	[1],[2]	'
Deductions	'		'
Balance, end of period	45,000	[3],[4]	'
University Marketplace: | Marion, IN	'		'
Initial Costs to Company	'		'
Land	850,000		'
Buildings and Improvements	6,722,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	7,572,000	[1],[2]	'
Accumulated Depreciation	182,000	[3],[4]	'
Deductions	'		'
Balance, end of period	7,572,000	[1],[2]	'
Deductions	'		'
Balance, end of period	182,000	[3],[4]	'
Wal-Mart: | Tallahassee, FL	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	8,157,000		'
Initial Costs to Company	'		'
Land	14,823,000		'
Buildings and Improvements	0		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	14,823,000	[1],[2]	'
Accumulated Depreciation	0	[3],[4]	'
Deductions	'		'
Balance, end of period	14,823,000	[1],[2]	'
Deductions	'		'
Balance, end of period	0	[3],[4]	'
Wal-Mart: | Perry, GA	'		'
Initial Costs to Company	'		'
Land	2,270,000		'
Buildings and Improvements	11,053,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	13,323,000	[1],[2]	'
Accumulated Depreciation	170,000	[3],[4]	'
Deductions	'		'
Balance, end of period	13,323,000	[1],[2]	'
Deductions	'		'
Balance, end of period	170,000	[3],[4]	'
Wal-Mart: | York, SC	'		'
Initial Costs to Company	'		'
Land	1,913,000		'
Buildings and Improvements	11,410,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	13,323,000	[1],[2]	'
Accumulated Depreciation	174,000	[3],[4]	'
Deductions	'		'
Balance, end of period	13,323,000	[1],[2]	'
Deductions	'		'
Balance, end of period	174,000	[3],[4]	'
Walgreens: | Dearborn Heights, MI	'		'
Initial Costs to Company	'		'
Land	2,236,000		'
Buildings and Improvements	3,411,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	5,647,000	[1],[2]	'
Accumulated Depreciation	40,000	[3],[4]	'
Deductions	'		'
Balance, end of period	5,647,000	[1],[2]	'
Deductions	'		'
Balance, end of period	40,000	[3],[4]	'
Walgreens: | Huntsville, AL	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	3,273,000		'
Initial Costs to Company	'		'
Land	1,931,000		'
Buildings and Improvements	2,456,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,387,000	[1],[2]	'
Accumulated Depreciation	54,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,387,000	[1],[2]	'
Deductions	'		'
Balance, end of period	54,000	[3],[4]	'
Walgreens: | Birmingham, AL	'		'
Initial Costs to Company	'		'
Land	985,000		'
Buildings and Improvements	4,938,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	5,923,000	[1],[2]	'
Accumulated Depreciation	89,000	[3],[4]	'
Deductions	'		'
Balance, end of period	5,923,000	[1],[2]	'
Deductions	'		'
Balance, end of period	89,000	[3],[4]	'
Walgreens: | Andover, KS	'		'
Initial Costs to Company	'		'
Land	630,000		'
Buildings and Improvements	3,057,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,687,000	[1],[2]	'
Accumulated Depreciation	19,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,687,000	[1],[2]	'
Deductions	'		'
Balance, end of period	19,000	[3],[4]	'
Walgreens: | Austintown, OH	'		'
Initial Costs to Company	'		'
Land	637,000		'
Buildings and Improvements	4,173,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,810,000	[1],[2]	'
Accumulated Depreciation	40,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,810,000	[1],[2]	'
Deductions	'		'
Balance, end of period	40,000	[3],[4]	'
Walgreens: | Blair, NE	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	2,466,000		'
Initial Costs to Company	'		'
Land	335,000		'
Buildings and Improvements	3,544,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,879,000	[1],[2]	'
Accumulated Depreciation	154,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,879,000	[1],[2]	'
Deductions	'		'
Balance, end of period	154,000	[3],[4]	'
Walgreens: | Connelly Springs, NC	'		'
Initial Costs to Company	'		'
Land	1,349,000		'
Buildings and Improvements	3,628,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,977,000	[1],[2]	'
Accumulated Depreciation	35,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,977,000	[1],[2]	'
Deductions	'		'
Balance, end of period	35,000	[3],[4]	'
Walgreens: | Cullman, AL	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	3,542,000		'
Initial Costs to Company	'		'
Land	1,292,000		'
Buildings and Improvements	3,779,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	5,071,000	[1],[2]	'
Accumulated Depreciation	85,000	[3],[4]	'
Deductions	'		'
Balance, end of period	5,071,000	[1],[2]	'
Deductions	'		'
Balance, end of period	85,000	[3],[4]	'
Walgreens: | Danville, VA	'		'
Initial Costs to Company	'		'
Land	989,000		'
Buildings and Improvements	4,547,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	5,536,000	[1],[2]	'
Accumulated Depreciation	127,000	[3],[4]	'
Deductions	'		'
Balance, end of period	5,536,000	[1],[2]	'
Deductions	'		'
Balance, end of period	127,000	[3],[4]	'
Walgreens: | Fort Madison, IA	'		'
Initial Costs to Company	'		'
Land	514,000		'
Buildings and Improvements	3,723,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,237,000	[1],[2]	'
Accumulated Depreciation	28,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,237,000	[1],[2]	'
Deductions	'		'
Balance, end of period	28,000	[3],[4]	'
Walgreens: | Hazelwood, MO	'		'
Initial Costs to Company	'		'
Land	2,505,000		'
Buildings and Improvements	4,866,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	7,371,000	[1],[2]	'
Accumulated Depreciation	36,000	[3],[4]	'
Deductions	'		'
Balance, end of period	7,371,000	[1],[2]	'
Deductions	'		'
Balance, end of period	36,000	[3],[4]	'
Walgreens: | Hickory, NC	'		'
Initial Costs to Company	'		'
Land	1,100,000		'
Buildings and Improvements	4,241,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	5,341,000	[1],[2]	'
Accumulated Depreciation	96,000	[3],[4]	'
Deductions	'		'
Balance, end of period	5,341,000	[1],[2]	'
Deductions	'		'
Balance, end of period	96,000	[3],[4]	'
Walgreens: | Hockessin, DE	'		'
Initial Costs to Company	'		'
Land	1,586,000		'
Buildings and Improvements	3,555,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	5,141,000	[1],[2]	'
Accumulated Depreciation	4,000	[3],[4]	'
Deductions	'		'
Balance, end of period	5,141,000	[1],[2]	'
Deductions	'		'
Balance, end of period	4,000	[3],[4]	'
Walgreens: | Kannapolis, NC	'		'
Initial Costs to Company	'		'
Land	1,480,000		'
Buildings and Improvements	5,031,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	6,511,000	[1],[2]	'
Accumulated Depreciation	70,000	[3],[4]	'
Deductions	'		'
Balance, end of period	6,511,000	[1],[2]	'
Deductions	'		'
Balance, end of period	70,000	[3],[4]	'
Walgreens: | Las Vegas, NV	'		'
Initial Costs to Company	'		'
Land	2,325,000		'
Buildings and Improvements	3,262,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	5,587,000	[1],[2]	'
Accumulated Depreciation	25,000	[3],[4]	'
Deductions	'		'
Balance, end of period	5,587,000	[1],[2]	'
Deductions	'		'
Balance, end of period	25,000	[3],[4]	'
Walgreens: | Lawton, OK	'		'
Initial Costs to Company	'		'
Land	860,000		'
Buildings and Improvements	2,539,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,399,000	[1],[2]	'
Accumulated Depreciation	30,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,399,000	[1],[2]	'
Deductions	'		'
Balance, end of period	30,000	[3],[4]	'
Walgreens: | Lubbock (82nd), TX	'		'
Initial Costs to Company	'		'
Land	565,000		'
Buildings and Improvements	3,257,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,822,000	[1],[2]	'
Accumulated Depreciation	100,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,822,000	[1],[2]	'
Deductions	'		'
Balance, end of period	100,000	[3],[4]	'
Walgreens: | Lubbock (Indiana), TX	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	0		'
Initial Costs to Company	'		'
Land	531,000		'
Buildings and Improvements	2,951,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	3,482,000	[1],[2]	'
Accumulated Depreciation	90,000	[3],[4]	'
Deductions	'		'
Balance, end of period	3,482,000	[1],[2]	'
Deductions	'		'
Balance, end of period	90,000	[3],[4]	'
Walgreens: | Mobile, AL	'		'
Initial Costs to Company	'		'
Land	1,603,000		'
Buildings and Improvements	3,161,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,764,000	[1],[2]	'
Accumulated Depreciation	10,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,764,000	[1],[2]	'
Deductions	'		'
Balance, end of period	10,000	[3],[4]	'
Walgreens: | Montgomery, AL	'		'
Initial Costs to Company	'		'
Land	1,110,000		'
Buildings and Improvements	2,949,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,059,000	[1],[2]	'
Accumulated Depreciation	125,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,059,000	[1],[2]	'
Deductions	'		'
Balance, end of period	125,000	[3],[4]	'
Walgreens: | Phoenix, AZ	'		'
Initial Costs to Company	'		'
Land	2,216,000		'
Buildings and Improvements	1,830,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,046,000	[1],[2]	'
Accumulated Depreciation	39,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,046,000	[1],[2]	'
Deductions	'		'
Balance, end of period	39,000	[3],[4]	'
Walgreens: | Pine Bluff, AR	'		'
Initial Costs to Company	'		'
Land	248,000		'
Buildings and Improvements	5,228,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	5,476,000	[1],[2]	'
Accumulated Depreciation	39,000	[3],[4]	'
Deductions	'		'
Balance, end of period	5,476,000	[1],[2]	'
Deductions	'		'
Balance, end of period	39,000	[3],[4]	'
Walgreens: | Springdale, AR	'		'
Initial Costs to Company	'		'
Land	1,172,000		'
Buildings and Improvements	4,509,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	5,681,000	[1],[2]	'
Accumulated Depreciation	24,000	[3],[4]	'
Deductions	'		'
Balance, end of period	5,681,000	[1],[2]	'
Deductions	'		'
Balance, end of period	24,000	[3],[4]	'
Walgreens: | Springfield, IL	'		'
Initial Costs to Company	'		'
Land	830,000		'
Buildings and Improvements	3,618,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,448,000	[1],[2]	'
Accumulated Depreciation	151,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,448,000	[1],[2]	'
Deductions	'		'
Balance, end of period	151,000	[3],[4]	'
Walgreens: | Suffolk, VA	'		'
Initial Costs to Company	'		'
Land	1,261,000		'
Buildings and Improvements	3,461,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	4,722,000	[1],[2]	'
Accumulated Depreciation	152,000	[3],[4]	'
Deductions	'		'
Balance, end of period	4,722,000	[1],[2]	'
Deductions	'		'
Balance, end of period	152,000	[3],[4]	'
Walgreens/KeyBank: | Newburgh, NY	'		'
Initial Costs to Company	'		'
Land	3,280,000		'
Buildings and Improvements	5,441,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	8,721,000	[1],[2]	'
Accumulated Depreciation	40,000	[3],[4]	'
Deductions	'		'
Balance, end of period	8,721,000	[1],[2]	'
Deductions	'		'
Balance, end of period	40,000	[3],[4]	'
Wallace Commons: | Salisbury, NC	'		'
Real Estate and Accumulated Depreciation [Line Items]	'		'
Encumbrances	7,590,000		'
Initial Costs to Company	'		'
Land	3,265,000		'
Buildings and Improvements	8,057,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	11,322,000	[1],[2]	'
Accumulated Depreciation	225,000	[3],[4]	'
Deductions	'		'
Balance, end of period	11,322,000	[1],[2]	'
Deductions	'		'
Balance, end of period	225,000	[3],[4]	'
Warrenton Highlands: | Warrenton, OR	'		'
Initial Costs to Company	'		'
Land	2,139,000		'
Buildings and Improvements	5,774,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	7,913,000	[1],[2]	'
Accumulated Depreciation	116,000	[3],[4]	'
Deductions	'		'
Balance, end of period	7,913,000	[1],[2]	'
Deductions	'		'
Balance, end of period	116,000	[3],[4]	'
Waterford South Park: | Clarksville, IN	'		'
Initial Costs to Company	'		'
Land	2,946,000		'
Buildings and Improvements	8,564,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	11,510,000	[1],[2]	'
Accumulated Depreciation	200,000	[3],[4]	'
Deductions	'		'
Balance, end of period	11,510,000	[1],[2]	'
Deductions	'		'
Balance, end of period	200,000	[3],[4]	'
Wawa: | Cape May, NJ	'		'
Initial Costs to Company	'		'
Land	1,576,000		'
Buildings and Improvements	5,789,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	7,365,000	[1],[2]	'
Accumulated Depreciation	206,000	[3],[4]	'
Deductions	'		'
Balance, end of period	7,365,000	[1],[2]	'
Deductions	'		'
Balance, end of period	206,000	[3],[4]	'
Wawa: | Galloway, NJ	'		'
Initial Costs to Company	'		'
Land	1,724,000		'
Buildings and Improvements	6,105,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	7,829,000	[1],[2]	'
Accumulated Depreciation	217,000	[3],[4]	'
Deductions	'		'
Balance, end of period	7,829,000	[1],[2]	'
Deductions	'		'
Balance, end of period	217,000	[3],[4]	'
Westover Market: | San Antonio, TX	'		'
Initial Costs to Company	'		'
Land	2,705,000		'
Buildings and Improvements	7,959,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	10,664,000	[1],[2]	'
Accumulated Depreciation	110,000	[3],[4]	'
Deductions	'		'
Balance, end of period	10,664,000	[1],[2]	'
Deductions	'		'
Balance, end of period	110,000	[3],[4]	'
Woods Supermarket: | Sunrise Beach, MO	'		'
Initial Costs to Company	'		'
Land	1,044,000		'
Buildings and Improvements	5,006,000		'
Total Adjustment to Basis	0		'
Gross Amount at Which Carried At December 31, 2013	6,050,000	[1],[2]	'
Accumulated Depreciation	38,000	[3],[4]	'
Deductions	'		'
Balance, end of period	6,050,000	[1],[2]	'
Deductions	'		'
Balance, end of period	$38,000	[3],[4]	'
[1]	The aggregate cost for federal income tax purposes was $2.2 billion.
[2]	The following is a reconciliation of total real estate carrying value for the years ended December 31 (in thousands): 20132012Balance, beginning of period $464,539 $— Additions Acquisitions 1,494,171 464,426 Improvements 1,998 113 Total additions $1,496,169 $464,539 Deductions Cost of real estate sold — — Adjustment to basis — — Other (including provisions for impairment of real estate assets) — — Total deductions — —Balance, end of period $1,960,708 $464,539
[3]	The following is a reconciliation of accumulated depreciation for the years ended December 31 (in thousands): 20132012Balance, beginning of period $1,743 $— Additions Acquisitions - Depreciation Expense for Building, Acquisitions Costs & Tenant Improvements Acquired 21,624 1,743 Improvements - Depreciation Expense for Tenant Improvements and Building Equipment 10 — Total additions $21,634 $1,743 Deductions Cost of real estate sold — — Other (including provisions for impairment of real estate assets) — — Total deductions — —Balance, end of period $23,377 $1,743
[4]	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.