Cim Real Estate Finance Trust (CMRF) 10-K 28 Mar 17 2016 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) shares in Millions, $ in Billions	12 Months Ended
	Dec. 31, 2016	Mar. 23, 2017	Jun. 30, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	COLE CREDIT PROPERTY TRUST IV, INC.
Entity Central Index Key	1,498,547
Document Type	10-K
Document Period End Date	Dec. 31, 2016
Amendment Flag	false
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity common stock, shares outstanding (shares)		311.7
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Public Float			$ 3

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Investment in real estate assets:
Land	$ 1,156,417	$ 1,113,987
Buildings, fixtures and improvements	3,214,212	3,071,618
Intangible lease assets	553,149	533,477
Total real estate investments, at cost	4,923,778	4,719,082
Less: accumulated depreciation and amortization	(389,768)	(253,115)
Total real estate investments, net	4,534,010	4,465,967
Investment in unconsolidated joint venture	0	18,359
Total real estate investments and related assets, net	4,534,010	4,484,326
Cash and cash equivalents	9,754	26,316
Restricted cash	8,040	8,274
Rents and tenant receivables, net	65,446	54,782
Due from affiliates	58	47
Derivative assets, prepaid expenses, property escrow deposits and other assets	5,513	4,359
Deferred costs, net	1,514	4,095
Total assets	4,624,335	4,582,199
LIABILITIES AND STOCKHOLDERS’ EQUITY
Notes payable and credit facility, net	2,246,259	2,066,563
Accounts payable and accrued expenses	25,310	26,418
Due to affiliates	5,333	5,613
Intangible lease liabilities, net	49,075	53,822
Distributions payable	16,498	16,568
Deferred rental income, derivative liabilities and other liabilities	15,091	26,100
Total liabilities	2,357,566	2,195,084
Commitments and contingencies
Redeemable common stock and noncontrolling interest	188,938	190,561
STOCKHOLDERS’ EQUITY
Preferred stock, $0.01 par value per share, 10,000,000 shares authorized, none issued and outstanding	0	0
Common stock, $0.01 par value per share; 490,000,000 shares authorized, 311,817,004 and 312,093,211 shares issued and outstanding, as of December 31, 2016 and 2015, respectively	3,118	3,121
Capital in excess of par value	2,607,304	2,607,367
Accumulated distributions in excess of earnings	(531,567)	(408,575)
Accumulated other comprehensive loss	(1,024)	(5,359)
Total stockholders’ equity	2,077,831	2,196,554
Total liabilities, redeemable common stock, noncontrolling interest and stockholders’ equity	$ 4,624,335	$ 4,582,199

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Preferred stock, par value (USD per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (shares)	10,000,000	10,000,000
Preferred stock, shares issued (shares)	0	0
Preferred stock, shares outstanding (shares)	0	0
Common stock, par value (USD per share)	$ 0.01	$ 0.01
Common stock, shares authorized (shares)	490,000,000	490,000,000
Common stock, shares issued (shares)	311,817,004	312,093,211
Common stock, shares outstanding (shares)	311,817,004	312,093,211

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Revenues:
Rental income	$ 356,126	$ 321,425	$ 221,909
Tenant reimbursement income	51,325	46,306	34,373
Total revenues	407,451	367,731	256,282
Operating expenses:
General and administrative	12,502	13,652	11,510
Property operating	23,176	20,890	15,508
Real estate tax	35,063	33,571	23,527
Advisory fees and expenses	41,926	36,225	24,142
Acquisition-related fees and expenses	4,191	15,526	51,763
Depreciation and amortization	134,672	122,227	84,402
Impairment	6,737	1,440	0
Total operating expenses	258,267	243,531	210,852
Operating income	149,184	124,200	45,430
Other income (expense):
Interest expense and other, net	(79,465)	(59,199)	(34,103)
Loss recognized on equity interest remeasured to fair value	(647)	0	0
Total other income (expense)	(80,112)	(59,199)	(34,103)
Income before real estate dispositions	69,072	65,001	11,327
Gain (loss) on disposition of real estate, net	2,907	(108)	(157)
Net income	71,979	64,893	11,170
Net income (loss) allocated to noncontrolling interest	137	122	(20)
Net income attributable to the Company	$ 71,842	$ 64,771	$ 11,190
Weighted average number of common shares outstanding:
Basic and diluted (shares)	311,863,844	309,263,576	292,072,088
Net income per common share:
Basic and diluted (USD per share)	$ 0.23	$ 0.21	$ 0.04
Distributions declared per common share (USD per share)	$ 0.625	$ 0.625	$ 0.625

Consolidated Statement of Compr

Consolidated Statement of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Statement of Comprehensive Income [Abstract]
Net income	$ 71,979	$ 64,893	$ 11,170
Other comprehensive income (loss):
Unrealized loss on interest rate swaps	(4,422)	(7,787)	(7,046)
Amount of loss reclassified from other comprehensive income (loss) into income as interest expense	8,757	6,485	5,241
Total other comprehensive income (loss)	4,335	(1,302)	(1,805)
Comprehensive income	76,314	63,591	9,365
Comprehensive income (loss) allocated to noncontrolling interest	137	122	(20)
Comprehensive income attributable to the Company	$ 76,177	$ 63,469	$ 9,385

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock	Capital in Excess of Par Value	Accumulated Distributions in Excess of Earnings	Accumulated Other Comprehensive (Loss) Income
Balance, shares (shares) at Dec. 31, 2013		211,026,672
Balance at Dec. 31, 2013	$ 1,741,972	$ 2,110	$ 1,850,702	$ (108,588)	$ (2,252)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock (shares)		95,036,480
Issuance of common stock	941,930	$ 951	940,979
Distributions to investors	(182,637)			(182,637)
Commissions on stock sales and related dealer manager fees	(72,706)		(72,706)
Other offering costs	(7,277)		(7,277)
Redemptions and cancellations of common stock (shares)		(1,113,152)
Redemptions and cancellations of common stock	(10,849)	$ (11)	(10,838)
Changes in redeemable common stock	(93,412)		(93,412)
Comprehensive income	9,385			11,190	(1,805)
Balance, shares (shares) at Dec. 31, 2014		304,950,000
Balance at Dec. 31, 2014	2,326,406	$ 3,050	2,607,448	(280,035)	(4,057)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock (shares)		11,745,917
Issuance of common stock	112,158	$ 117	112,041
Distributions to investors	(193,311)			(193,311)
Commissions on stock sales and related dealer manager fees	0		0
Other offering costs	(6)		(6)
Redemptions and cancellations of common stock (shares)		(4,602,706)
Redemptions and cancellations of common stock	(44,188)	$ (46)	(44,142)
Changes in redeemable common stock	(67,974)		(67,974)
Comprehensive income	$ 63,469			64,771	(1,302)
Balance, shares (shares) at Dec. 31, 2015	312,093,211	312,093,211
Balance at Dec. 31, 2015	$ 2,196,554	$ 3,121	2,607,367	(408,575)	(5,359)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock (shares)		11,234,006
Issuance of common stock	109,166	$ 112	109,054
Distributions to investors	(194,834)			(194,834)
Other offering costs	(68)		(68)
Redemptions and cancellations of common stock (shares)		(11,510,213)
Redemptions and cancellations of common stock	(110,655)	$ (115)	(110,540)
Changes in redeemable common stock	1,491		1,491
Comprehensive income	$ 76,177			71,842	4,335
Balance, shares (shares) at Dec. 31, 2016	311,817,004	311,817,004
Balance at Dec. 31, 2016	$ 2,077,831	$ 3,118	$ 2,607,304	$ (531,567)	$ (1,024)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities:
Net income	$ 71,979	$ 64,893	$ 11,170
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization, net	133,549	121,128	82,143
Amortization of deferred financing costs	5,711	4,646	3,201
Amortization of fair value adjustment of mortgage notes payable assumed	(84)	(336)	(94)
Straight-line rental income	(11,555)	(11,776)	(8,227)
Bad debt expense	9	320	113
Equity in income of unconsolidated joint venture	(615)	(798)	(765)
Return on investment from unconsolidated joint venture	615	1,038	719
(Gain) loss on disposition of real estate assets, net	(2,907)	108	157
Impairment of real estate assets	6,737	1,440	0
Fair value adjustment to contingent consideration	(2,667)	(1,747)	0
Loss recognized on equity interest remeasured to fair value	647	0	0
Changes in assets and liabilities:
Rents and tenant receivables	(4,023)	(3,570)	(12,375)
Prepaid expenses and other assets	(96)	(488)	(480)
Accounts payable and accrued expenses	958	6,043	6,741
Deferred rental income and other liabilities	(4,281)	1,436	4,355
Due from affiliates	(11)	423	(470)
Due to affiliates	(280)	140	2,898
Net cash provided by operating activities	193,686	182,900	89,086
Cash flows from investing activities:
Investment in real estate assets and capital expenditures	(219,502)	(677,754)	(1,717,744)
Real estate developments	0	(684)	(31,742)
Return of investment in unconsolidated joint venture	1,033	571	0
Acquisition of unconsolidated joint venture partner's interest	(1,626)	0	0
Proceeds from disposition of real estate assets	30,811	1,058	1,758
Escrowed funds for acquisition of real estate investments	0	0	(70,254)
Release of escrowed funds for acquisition of real estate investments	0	0	70,254
Payment of property escrow deposits	(5,854)	(3,240)	(6,148)
Refund of property escrow deposits	6,604	7,025	9,888
Change in restricted cash	234	(3,714)	3,633
Net cash used in investing activities	(188,300)	(676,738)	(1,740,355)
Cash flows from financing activities:
Proceeds from issuance of common stock	0	0	837,669
Redemptions and cancellations of common stock	(110,655)	(44,188)	(10,849)
Offering costs related to the Offerings	(68)	(6)	(84,920)
Distributions to investors	(85,740)	(80,773)	(72,756)
Proceeds from notes payable and credit facility	493,420	1,218,367	744,064
Repayments of notes payable and credit facility	(313,426)	(621,388)	(388)
Payment of loan deposits	(3,378)	(3,242)	(523)
Refund of loan deposits	3,378	3,242	1,068
Change in escrowed investor proceeds	0	0	(5,147)
Deferred financing costs paid	(3,344)	(7,638)	(1,681)
Contributions from noncontrolling interest	0	762	2,142
Distributions to noncontrolling interest	(269)	(269)	(46)
Earnout liability paid	(1,866)	0	(2,651)
Net cash (used in) provided by financing activities	(21,948)	464,867	1,405,982
Net decrease in cash and cash equivalents	(16,562)	(28,971)	(245,287)
Cash and cash equivalents, beginning of period	26,316	55,287	300,574
Cash and cash equivalents, end of period	$ 9,754	$ 26,316	$ 55,287

Organization and Business

Organization and Business	12 Months Ended
	Dec. 31, 2016
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, incorporated on July 27, 2010, that elected to be taxed, and currently qualifies, as a real estate investment trust (“REIT”) for U.S. federal income tax purposes beginning with its taxable year ended December 31, 2012. The Company is the sole general partner of and owns, directly or indirectly, 100% of the partnership interests in Cole Operating Partnership IV, LP, a Delaware limited partnership. The Company is externally managed by Cole REIT Advisors IV, LLC (“CR IV Advisors”), a Delaware limited liability company and an affiliate of the Company’s sponsor, Cole Capital ® , which is a trade name used to refer to a group of affiliated entities directly or indirectly controlled by VEREIT, Inc. (“VEREIT”), a widely-held public company whose shares of common stock are listed on the New York Stock Exchange (NYSE: VER). VEREIT indirectly owns and/or controls the Company’s external advisor, CR IV Advisors, the Company’s dealer manager for the Offering (as defined below), Cole Capital Corporation (“CCC”), the Company’s property manager, CREI Advisors, LLC (“CREI Advisors”), and the Company’s sponsor, Cole Capital. On January 26, 2012 , pursuant to a Registration Statement on Form S-11 (Registration No. 333-169533) (the “Registration Statement”) filed under the Securities Act of 1933, as amended (the “Securities Act”), 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 (the “Offering”). On November 25, 2013 , the Company reallocated $400.0 million in shares from the distribution reinvestment plan (the “DRIP”) portion of the Offering to the primary portion of the Offering, and on February 18, 2014 , the Company reallocated an additional $23.0 million in shares from the DRIP portion of the Offering to the primary portion of the Offering. As a result of these reallocations, the Offering offered up to a maximum of approximately 292.3 million shares of common stock at a price of $10.00 per share in the primary portion of the Offering and up to approximately 5.5 million additional shares pursuant to the DRIP portion of the Offering under which the Company’s stockholders could have elected to have distributions reinvested in additional shares of common stock at a price of $9.50 per share. The Company ceased issuing shares in the Offering on April 4, 2014. At the completion of the Offering, a total of approximately 297.4 million shares of common stock had been issued, including approximately 292.3 million shares of common stock sold to the public pursuant to the primary portion of the Offering and approximately 5.1 million shares of common stock issued pursuant to the DRIP portion of the Offering. The remaining approximately 404,000 unsold shares from the Offering were deregistered. The Company registered $247.0 million of shares of common stock under the DRIP pursuant to a Registration Statement filed on Form S-3 (Registration No. 333-192958) (the “Initial DRIP Offering”), which was filed with the U.S. Securities and Exchange Commission (the “SEC”) on December 19, 2013 and automatically became effective with the SEC upon filing. The Company ceased issuing shares under the Initial DRIP Offering effective as of June 30, 2016. At the completion of the Initial DRIP Offering, a total of approximately $241.7 million of common stock had been issued. The remaining $5.3 million of unsold shares from the Initial DRIP Offering were deregistered. The Company registered an additional $600.0 million of shares of common stock under the DRIP pursuant to a Registration Statement filed on Form S-3 (Registration No. 333-212832) (the “Secondary DRIP Offering,” and together with the Initial DRIP Offering, the “DRIP Offerings,” and the DRIP Offerings collectively with the Offering, the “Offerings”), which was filed with the SEC on August 2, 2016 and automatically became effective with the SEC upon filing. The Company has issued and will continue to issue shares under the Secondary DRIP Offering beginning on August 2, 2016. On September 27, 2015, the Company announced that its board of directors (the “Board”) had established an estimated value of the Company’s common stock, as of August 31, 2015, of $9.70 per share for purposes of assisting broker-dealers that participated in the Offering in meeting their customer account statement reporting obligations under National Association of Securities Dealers Conduct Rule 2340. On November 10, 2016, the Board established an updated estimated per share net asset value (“NAV”) of the Company’s common stock, as of September 30, 2016, of $9.92 per share. On March 24, 2017, the Board established an updated estimated per share NAV of the Company’s common stock, as of December 31, 2016, of $10.08 per share. The Company’s estimated per share NAV is not audited or reviewed by its independent registered public accounting firm. Prior to October 1, 2015, distributions were reinvested in shares of the Company’s common stock under the DRIP at a price of $9.50 per share. From October 1, 2015 to November 13, 2016, distributions were reinvested in shares of the Company’s common stock under the DRIP at a price of $9.70 per share, the estimated value per share as of August 31, 2015, as determined by the Board. From November 14, 2016 to March 27, 2017, distributions were reinvested in shares of the Company’s common stock under the DRIP at a price of $9.92 per share, the estimated per share NAV as of September 30, 2016, as determined by the Board. Commencing on March 28, 2017, distributions will be reinvested in shares of the Company’s common stock under the DRIP at a price of $10.08 per share, the estimated per share NAV as of December 31, 2016, as determined by the Board. No distributions were reinvested in shares of the Company’s common stock under the DRIP between the Board’s establishment of the updated estimated per share NAV on March 24, 2017 and March 28, 2017. As of December 31, 2016 , the Company had issued approximately 329.1 million shares of its common stock in the Offerings, including 30.8 million shares issued in the DRIP Offerings, for gross offering proceeds of $3.3 billion before organization and offering costs, selling commissions and dealer manager fees of $306.0 million . As of December 31, 2016 , the Company owned 882 properties, which includes nine properties owned through a consolidated joint venture arrangement (the “Consolidated Joint Venture”), comprising 26.5 million rentable square feet of commercial space located in 45 states. As of December 31, 2016 , the rentable square feet at these properties was 98.2% leased, including month-to-month agreements, if any.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2016
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, its wholly-owned subsidiaries and the Consolidated Joint Venture in which the Company has a controlling financial interest. All intercompany balances and transactions have been eliminated in consolidation. 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”). VIEs are entities where investors lack sufficient equity at risk for the entity to finance its activities without additional subordinated financial support or where equity investors, as a group, lack one of the following characteristics: (a) the power to direct the activities that most significantly impact the entity’s economic performance, (b) the obligation to absorb the expected losses of the entity, or (c) the right to receive the expected returns of the entity. The Company consolidates any VIEs when it is determined to be the primary beneficiary of the VIE’s operations. During the year ended December 31, 2016 , the Company adopted the U.S. Financial Accounting Standards Board (the “FASB”) Accounting Standards Update (“ASU”) No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis , which simplifies consolidation accounting by reducing the number of consolidation models and changing various aspects of current GAAP, including certain consolidation criteria for a VIE. For legal entities being evaluated for consolidation, the Company must first determine whether the interests that it holds and fees it receives qualify as variable interests in the entity. 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. The Company’s evaluation includes consideration of fees paid to the Company where the Company acts as a decision maker or service provider to the entity being evaluated. If the Company determines that it holds a variable interest in an entity, it evaluates whether that entity is a VIE. A VIE must be consolidated by its primary beneficiary, which is generally defined as the party who has a controlling financial interest in 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 and its obligation to absorb losses from or right to receive benefits of the VIE that could potentially be significant to the VIE. The Company consolidates any VIEs when the Company is determined to be the primary beneficiary of the VIE and the difference between consolidating the VIE and accounting for it using the equity method could be material to the Company’s consolidated financial statements. The Company continually evaluates the need to consolidate any VIEs based on standards set forth in GAAP as described above. As of December 31, 2016 , the Company determined that it had a controlling interest in the Consolidated Joint Venture and therefore met the GAAP requirements for consolidation. From July 2013 to September 2016, the Company had an interest of approximately 90% in an anchored shopping center comprising 176,000 rentable square feet of commercial space (the “Unconsolidated Joint Venture”). As of December 31, 2015 , the Company was not required to consolidate its interest in the Unconsolidated Joint Venture as the applicable joint venture entity did not qualify as a VIE and the Company did not meet the control requirement for consolidation. On September 22, 2016, the Company acquired the partner’s (the “Unconsolidated Joint Venture Partner”) approximately 10% interest in the Unconsolidated Joint Venture, which resulted in the consolidation of this property. As such, the Company consolidated this property as of the transaction date, reduced the carrying value to its estimated fair value, and recognized a loss of $647,000 . See Note 4 — Real Estate Investments for a further discussion of this acquisition. Reclassifications Certain amounts in the Company’s prior period consolidated financial statements have been reclassified to conform to the current period presentation. The Company has chosen to break out the details of gain (loss) on dispositions of real estate, net from interest expense and other, net in the Company’s consolidated statements of operations. These reclassifications had no effect on previously reported totals or subtotals. 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. Real Estate Investments 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 fees and expenses, construction and any tenant improvements, major improvements and betterments that extend the useful life of the real estate assets and leasing costs. All acquisition-related fees and expenses, repairs and maintenance are expensed as incurred. The Company considers the period of future benefit of each respective asset to determine the appropriate useful life. 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 Recoverability of Real Estate Assets 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. During the year ended December 31, 2016 , two tenants filed for bankruptcy, and collectively, these tenants occupied 100% of three of the Company’s properties. As part of the Company’s quarterly impairment review procedures, and considering the factors mentioned above, the Company recorded impairment charges of $6.7 million related to the three properties during the year ended December 31, 2016 . The Company recorded impairment charges of $1.4 million related to one property during the year ended December 31, 2015 . The assumptions and uncertainties utilized in the evaluation of the impairment of real estate assets are discussed in detail in Note 3 — Fair Value Measurements. See also Note 4 — Real Estate Investments for further discussion regarding real estate investment activity. No impairment indicators were identified and no impairment losses were recorded during the year ended December 31, 2014 . Assets Held for Sale 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, 2016 or 2015 . 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 to identified intangible assets and liabilities, consisting of the value of above- and below-market leases and the value of in-place leases, based in each case on their respective fair values. Acquisition-related fees and 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 buildings). 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- 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, for below-market leases, any bargain renewal periods. The above- 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, the 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- 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 leasing commissions, legal and other related expenses 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 escrowed funds to the Company or the seller or a combination thereof. Contingent consideration arrangements, including amounts funded through an escrow account, are recorded upon acquisition of the respective property at their estimated fair values, and any changes to the estimated fair values, subsequent to acquisition, are reflected in the accompanying consolidated statements of operations in acquisition-related fees and expenses. The determination of the amount of contingent consideration arrangements is based on the probability of several possible outcomes as identified by management. The Company estimates 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 are initially 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 is amortized or accreted 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 materially impact the Company’s results of operations. Development Activities Project costs and expenses, including interest incurred, associated with the development, construction and lease-up of a real estate project are capitalized as construction in progress. Once the development and construction of the building is substantially completed, the amounts capitalized to construction in progress are transferred to (i) land and (ii) buildings, fixtures and improvements and are depreciated over their respective useful lives. The Company capitalized $102,000 and $1.5 million of interest expense associated with development projects during the years ended December 31, 2016 and 2015 , respectively. Redeemable Noncontrolling Interest in Consolidated Joint Venture On June 27, 2014 , the Company completed the formation of the Consolidated Joint Venture. Pursuant to the joint venture agreement, the joint venture partner has a right to exercise an option (the “Option”), which became effective on June 27, 2016, whereby the Company will be required to purchase the ownership interest of the joint venture partner at fair market value. As of December 31, 2016 , the Option has not been exercised. The Company determined it had a controlling interest in the Consolidated Joint Venture and, therefore, met the GAAP requirements for consolidation. The Company recorded net income of $137,000 and paid distributions of $269,000 related to the noncontrolling interest during the year ended December 31, 2016 . The Company recorded the noncontrolling interest of $2.6 million and $2.7 million as of December 31, 2016 and December 31, 2015 , respectively, as temporary equity in the mezzanine section of the consolidated balance sheets, due to the redemption option existing outside the control of the Company. Restricted Cash The Company had $8.0 million and $8.3 million in restricted cash as of December 31, 2016 and 2015 , respectively. Included in restricted cash was $4.0 million and $5.9 million held by lenders in lockbox accounts, as of December 31, 2016 and 2015 , respectively. 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 was $4.0 million and $2.4 million held by lenders in escrow accounts for real estate taxes and other lender reserves for certain properties, in accordance with the associated lender’s loan agreement as of December 31, 2016 and 2015 , respectively. Cash Concentrations Cash and cash equivalents include cash in bank accounts, as well as investments in highly-liquid money market funds. The Company deposits cash with several high quality financial institutions. These deposits are guaranteed by the Federal Deposit Insurance Company (“FDIC”) up to an insurance limit of $250,000. At times, the Company’s cash and cash equivalents may exceed federally insured levels. Although the Company bears risk on amounts in excess of those insured by the FDIC, it has not experienced and does not anticipate any losses due to the high quality of the institutions where the deposits are held. Deferred Financing Costs Deferred financing costs represent commitment fees, legal fees and other costs associated with obtaining commitments for financing. These costs are amortized to interest expense over the terms of the respective financing agreements using the effective interest method. Unamortized deferred financing costs are written off when the associated debt is refinanced or repaid before maturity. The presentation of all deferred financing costs, other than those associated with the revolving loan portion of the credit facility, are classified such that the debt issuance costs related to a recognized debt liability are presented on the consolidated balance sheets as a direct deduction from the carrying amount of the related debt liability rather than as an asset. Debt issuance costs related to securing a revolving line of credit are presented as an asset and amortized ratably over the term of the line of credit arrangement. As such, the Company’s current and corresponding prior period total deferred costs, net in the accompanying consolidated balance sheets relate only to the revolving loan portion of the credit facility and the historical presentation, amortization and treatment of unamortized costs are still applicable. As of December 31, 2016 and 2015 , the Company had $1.5 million and $4.1 million , respectively, of deferred financing costs, net of accumulated amortization, related to the revolving loan portion of the credit facility. Costs incurred in seeking financial transactions that do not close are expensed in the period in which it is determined the financing will not close. Due to Affiliates CR IV Advisors, and certain of its affiliates, received and will continue to receive, fees, reimbursements and compensation in connection with services provided relating to the Offerings 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 hedges 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 obligation 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. 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 earned and collectability is reasonably assured. 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. The Company continually reviews receivables related to rent, including any unbilled straight-line rent, and determines collectability by taking into consideration the tenant’s payment history, the financial condition of the tenant, business conditions in the industry in which the tenant operates and economic conditions in the area in which the property is located. In the event that the collectability of a receivable is in doubt, the Company will record an increase in the allowance for uncollectible accounts. As of December 31, 2016 and December 31, 2015 , the Company had an allowance for uncollectible accounts of $221,000 and $301,000 , respectively. 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, commencing with the taxable year ended December 31, 2012. 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. 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, 2016 , 2015 or 2014 . Reportable Segment The Company’s commercial real estate investments consist of income-producing necessity retail properties that are primarily single-tenant or anchored shopping centers, which are leased to creditworthy tenants under long-term net leases. The commercial properties are geographically diversified throughout the United States and have similar economic characteristics. The Company’s management evaluates operating performance on an overall portfolio level; therefore, the Company’s properties are one reportable segment. Recent Accounting Pronouncements From time to time, new accounting pronouncements are issued by various standard setting bodies that may have an impact on the Company’s accounting and reporting. Except as otherwise stated below, the Company is currently evaluating the effect that certain of these new accounting requirements may have on the Company’s accounting and related reporting and disclosures in the Company’s consolidated financial statements: Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers, as amended (“ASU 2014-09”) — The requirements were amended to remove inconsistencies in revenue requirements and to provide a more complete framework for addressing revenue issues across a broad range of industries and transaction types. The revised standard’s core principle is that a company should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The revised standard also clarifies that an entity should evaluate whether it is the principal or the agent for each specified good or service promised in a contract to a customer. These provisions are effective January 1, 2018, and are to be applied retrospectively, with early adoption permitted for periods beginning after December 15, 2016 and interim periods thereafter. Companies may use either a full retrospective or a modified retrospective approach to adopt ASU 2014-09. The Company is currently assessing the adoption methodology. In accordance with the Company’s plan for the adoption of ASU 2014-09, the Company’s implementation team has identified the Company’s revenue streams and is performing an in-depth review of the Company’s revenue contracts to identify the related performance obligations and to evaluate the impact on the Company’s consolidated financial statements and internal accounting processes and controls. As the majority of the Company’s revenue is derived from real estate lease contracts, as discussed in relation to ASU 2016-02, Leases (Topic 842) (“ASU 2016-02”), the Company does not expect that the adoption of ASU 2014-09 or related amendments and modifications issued by the Financial Accounting Standards Board (the “FASB”) will have a material impact on its consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, which replaces the existing guidance in Accounting Standards Codification 840, Leases (Topic 842) . ASU 2016-02 requires a dual approach for lessee accounting under which a lessee would account for leases as either finance leases or operating leases. Both finance leases and operating leases will result in the lessee recognizing a right-of-use (“ROU”) asset and a corresponding lease liability. For finance leases, the lessee would recognize interest expense and amortization of the ROU asset and for operating leases the lessee would recognize a straight-line total lease expense. The provisions of ASU 2016-02 are effective for fiscal years, and interim periods within those years, beginning after December 15, 2018. A modified retrospective approach is required for existing leases that have not expired upon adoption. Early adoption is permitted. The Company’s implementation team is developing an inventory of all leases, as well as identifying any non-lease components in the lease arrangements. ASU No. 2016-01, Financial Instruments (Subtopic 825-10) — The amendments in this update require all equity investments to be measured at fair value with changes in the fair value recognized through net income (other than those accounted for under the equity method of accounting or those that result in consolidation of the investee). The amendments in this update also require an entity to present separately in other comprehensive income (loss), the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments. In addition, the amendments in this update require separate presentation of financial assets and financial liabilities by measurement category and form of financial asset on the consolidated balance sheets or the accompanying notes to the consolidated financial statements. The amendments in this update are effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. ASU No. 2016-05, Effect of Derivative Contract Novations on Existing Hedge Accounting Relationships (“ASU 2016-05”) — The amendments in this update clarify that a change in the counterparty to a derivative instrument that has been designated as a hedging instrument does not, in and of itself, require de-designation of that hedging relationship, provided that all other hedge accounting criteria continue to be met. These provisions are effective for fiscal years beginning after December 15, 2016, and interim periods within those fiscal years, with early adoption permitted. The Company plans to adopt ASU 2016-05 prospectively and will consider for any future novations. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments-Credit Losses (Topic 326) (“ASU 2016-13”). ASU 2016-13 requires more timely recording of credit losses on loans and other financial instruments that are not accounted for at fair value through net income, including loans held for investment, held-to-maturity debt securities, trade and other receivables, net investment in leases and other such commitments. ASU 2016-13 requires that financial assets measured at amortized cost be presented at the net amount expected to be collected, through an allowance for credit losses that is deducted from the amortized cost basis. The amendments in ASU 2016-13 require the Company to measure all expected credit losses based upon historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the financial assets and eliminates the “incurred loss” methodology in current GAAP. ASU 2016-13 is effective for fiscal years, and interim periods within, beginning after December 15, 2019. Early adoption is permitted for fiscal years, and interim periods within those years, beginning after December 15, 2018. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (“ASU 2016-15”), which is intended to address diversity in practice related to how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The amendments in ASU 2016-15 address eight specific cash flow issues as well as application of the predominance principle (dependence on predominant source or use of receipt or payment) and are effective for public business entities for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years, with early adoption permitted. ASU 2016-15 requires retrospective adoption unless it is impracticable to apply, in which case it is to be applied prospectively as of the earliest date practicable. The Company plans to adopt ASU 2016-15 during the fourth quarter of fiscal year 2017. In November 2016, the FASB issued ASU No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash (“ASU 2016-18”), which provides guidance on the presentation of restricted cash and restricted cash equivalents in the statement of cash flows. Restricted cash and restricted cash equivalents should now be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period amounts shown on the statements of cash flows. The amendments in ASU 2016-18 are effective for reporting periods beginning after December 15, 2017, with early adoption permitted. In January 2017, the FASB issued ASU No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business (“ASU 2017-01”), which clarifies

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2016
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 under current market conditions. 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: 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. Current and prior period liabilities’ carrying and fair values exclude net deferred financing costs. These financial instruments are valued using Level 2 inputs. As of December 31, 2016 , the estimated fair value of the Company’s debt was $2.25 billion , compared to the carrying value of $2.26 billion . The estimated fair value of the Company’s debt as of December 31, 2015 was $2.08 billion , which approximated its carrying value. Derivative instruments — The Company’s derivative instruments are comprised of 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. In addition, credit valuation adjustments are incorporated into the fair values to account for the Company’s potential nonperformance risk and the performance risk of the respective counterparties. Although the Company has determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with those derivatives utilize Level 3 inputs, such as estimates of current credit spreads, to evaluate the likelihood of default by the Company and its counterparties. However, as of December 31, 2016 and 2015 , the Company assessed the significance of the impact of the credit valuation adjustments on the overall valuation of its derivative positions and determined that the credit valuation adjustments are not significant to the overall valuation of the Company’s derivatives. As a result, the Company has determined that its derivative valuations in their entirety are classified in Level 2 of the fair value hierarchy. Other financial instruments — The Company considers the carrying values of its cash and cash equivalents, restricted cash, tenant receivables, accounts payable and accrued expenses, other liabilities, due to affiliates and distributions payable to approximate their fair values because of the short period of time between their origination and their expected realization as well as their highly-liquid nature. Due to the short-term maturities of these instruments, Level 1 inputs are utilized to estimate the fair value of these financial instruments. 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 key assumptions, including, but not limited to, rental rates, discount rates and the estimated timing and probability of successfully leasing vacant space subsequent to the Company’s acquisition of certain properties. 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, upon disposition of the financial assets and liabilities. As of December 31, 2016 and 2015 , there have been no transfers of financial assets or liabilities between fair value hierarchy levels. Items Measured at Fair Value on a Recurring Basis In accordance with the fair value hierarchy described above, the following tables show the fair value of the Company’s financial assets and liabilities that are required to be measured at fair value on a recurring basis as of December 31, 2016 and 2015 (in thousands): Balance as of Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Financial assets: Interest rate swaps $ 2,327 $ — $ 2,327 $ — Total financial assets $ 2,327 $ — $ 2,327 $ — Financial liabilities: Interest rate swaps $ (3,351 ) $ — $ (3,351 ) $ — Contingent consideration (337 ) — — (337 ) Total financial liabilities $ (3,688 ) $ — $ (3,351 ) $ (337 ) Balance as of Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Financial assets: Interest rate swaps $ 519 $ — $ 519 $ — Total financial assets $ 519 $ — $ 519 $ — Financial liabilities: Interest rate swaps $ (5,878 ) $ — $ (5,878 ) $ — Contingent consideration (4,538 ) — — (4,538 ) Total liabilities $ (10,416 ) $ — $ (5,878 ) $ (4,538 ) The following are reconciliations of the changes in liabilities with Level 3 inputs in the fair value hierarchy for the years ended December 31, 2016 and 2015 (in thousands): Contingent Consideration Arrangements Beginning Balance, December 31, 2015 $ (4,538 ) Purchases, fair value adjustments and payments made: Purchases (332 ) Fair value adjustments 2,667 Payments made 1,866 Ending Balance, December 31, 2016 $ (337 ) Contingent Consideration Arrangements Beginning Balance, December 31, 2014 $ (3,405 ) Purchases and fair value adjustments: Purchases (2,880 ) Fair value adjustments 1,747 Ending Balance, December 31, 2015 $ (4,538 ) Items Measured at Fair Value on a Non-Recurring Basis (Including Impairment Charges) Certain financial and nonfinancial assets and liabilities are measured at fair value on a nonrecurring basis and are subject to fair value adjustments in certain circumstances, such as when there is evidence of impairment. The Company’s process for identifying and recording impairments related to real estate assets and intangible assets is discussed in Note 2 — Summary of Significant Accounting Policies. As discussed in Note 4 — Real Estate Investments, during the year ended December 31, 2016 , real estate assets related to three properties totaling approximately 24,000 square feet were deemed to be impaired and their carrying values were reduced to an estimated fair value of $4.7 million , resulting in impairment charges of $6.7 million . During the year ended December 31, 2015 , real estate assets related to one retail property totaling approximately 11,000 square feet were deemed to be impaired and the property’s carrying value was reduced to an estimated fair value of $1.3 million , resulting in impairment charges of $1.4 million . The Company estimates fair values using Level 3 inputs and using a combined income and market approach, specifically using discounted cash flow analysis and recent comparable sales transactions. The evaluation of real estate assets for potential impairment requires the Company’s management to exercise significant judgment and to make certain key assumptions, including, but not limited to, the following: (1) terminal capitalization; (2) discount rates; (3) the number of years the property will be held; (4) property operating expenses; and (5) re-leasing assumptions, including the number of months to re-lease, market rental income and required tenant improvements. There are inherent uncertainties in making these estimates such as market conditions and the future performance and sustainability of the Company’s tenants. The following table presents the impairment charges by asset class recorded during the years ended December 31, 2016 and 2015 (in thousands): Year Ended December 31, 2016 2015 Asset class impaired: Land $ 1,775 $ 498 Buildings, fixtures and improvements 4,678 662 Intangible lease assets 284 280 Total impairment loss $ 6,737 $ 1,440

Real Estate Investments

Real Estate Investments	12 Months Ended
	Dec. 31, 2016
Business Combinations [Abstract]
REAL ESTATE INVESTMENTS	REAL ESTATE INVESTMENTS 2016 Property Acquisitions and Unconsolidated Joint Venture During the year ended December 31, 2016 , the Company acquired 15 commercial properties for an aggregate purchase price of $216.7 million (the “ 2016 Acquisitions”). The Company purchased the 2016 Acquisitions with net proceeds from the DRIP Offerings 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 for acquisitions purchased during the year ended December 31, 2016 (in thousands): December 31, 2016 Land $ 48,317 Buildings, fixtures and improvements 149,859 Acquired in-place leases (1) 18,100 Acquired above-market leases (2) 3,764 Intangible lease liabilities (3) (3,388 ) Total purchase price $ 216,652 ____________________________________ (1) The weighted average amortization period for acquired in-place leases is 7.6 years for the 2016 Acquisitions. (2) The weighted average amortization period for acquired above-market leases is 6.0 years for the 2016 Acquisitions. (3) The weighted average amortization period for acquired intangible lease liabilities is 6.4 years for the 2016 Acquisitions. As discussed in Note 2 — Summary of Significant Accounting Policies, during the year ended December 31, 2016 , the Company acquired the Unconsolidated Joint Venture Partner’s approximately 10% interest in the Unconsolidated Joint Venture. The Company has determined that this transaction qualified as a business combination to be accounted for under the acquisition method. Accordingly, the assets and liabilities of this transaction were recorded in the Company’s consolidated balance sheets at their estimated fair value as of the acquisition date. The fair value of the assets acquired, liabilities assumed and equity interests were estimated using significant assumptions consistent with the Company’s policy concerning the allocation of the purchase price of real estate assets, including current market rental rates, rental growth rates, capitalization and discount rates, interest rates and other variables. The results of this transaction are included in the Company’s consolidated statements of operations beginning September 22, 2016. The following table summarizes the transaction related to the business combination, including the amounts recognized for assets acquired and liabilities assumed, as indicated (in thousands): September 22, 2016 Carrying value of the Company’s equity interest before business combination (1) $ 18,952 Fair value of amounts recognized for assets acquired and liabilities assumed: Land 4,535 Buildings, fixtures and improvements 11,826 Acquired in-place leases 1,296 Acquired above-market leases 1,130 Intangible lease liabilities (597 ) Other assets and liabilities 115 Total net assets 18,305 Loss recognized on equity interest remeasured to fair value $ (647 ) ____________________________________ (1) Includes $1.6 million of cash paid to the Unconsolidated Joint Venture Partner. The Company recorded revenue for the year ended December 31, 2016 of $10.7 million and a net loss for the year ended December 31, 2016 of $1.4 million related to the 2016 Acquisitions, as well as the acquisition of the Unconsolidated Joint Venture Partner’s approximately 10% interest in the Unconsolidated Joint Venture. The following information summarizes selected financial information of the Company as if all of the 2016 Acquisitions, as well as the acquisition of the Unconsolidated Joint Venture Partner’s approximately 10% interest in the Unconsolidated Joint Venture, were completed on January 1, 2015 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, 2016 and 2015 (in thousands): Year Ended December 31, 2016 2015 Pro forma basis (unaudited): Revenue $ 418,798 $ 389,780 Net income $ 74,052 $ 64,662 The unaudited pro forma information for the year ended December 31, 2016 was adjusted to exclude $4.2 million of acquisition-related fees and expenses recorded during the year ended December 31, 2016 . Accordingly, these costs were instead recognized in the unaudited pro forma information for the year ended December 31, 2015 . 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 2015 , nor does it purport to represent the results of future operations. 2016 Dispositions During the year ended December 31, 2016 , the Company disposed of four retail properties and one anchored shopping center for an aggregate gross sales price of $31.6 million , resulting in proceeds of $30.8 million after closing costs and a gain of $2.9 million . No disposition fees were paid to CR IV Advisors or its affiliates in connection with the sale of the properties and the Company has no continuing involvement with these properties. The gain on sale of real estate is included in gain (loss) on disposition of real estate, net in the consolidated statements of operations for all periods presented. Impairment of Properties The Company performs quarterly impairment review procedures, primarily through continuous monitoring of events and changes in circumstances that could indicate that the carrying value of certain of its real estate assets may not be recoverable. See Note 2 — Summary of Significant Accounting Policies for a discussion on the Company’s accounting policies regarding impairment of real estate assets. During the year ended December 31, 2016 , three properties with a carrying value of $11.4 million were deemed to be impaired and their carrying values were reduced to an estimated fair value of $4.7 million , resulting in impairment charges of $6.7 million , which were recorded in the consolidated statement of operations. See Note 3 — Fair Value Measurements for a further discussion on these impairment charges. 2015 Property Acquisitions During the year ended December 31, 2015 , the Company acquired 111 commercial properties, including properties held in the Consolidated Joint Venture, for an aggregate purchase price of $615.8 million (the “ 2015 Acquisitions”). The Company purchased the 2015 Acquisitions with net proceeds from the Initial DRIP 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 for acquisitions purchased during the year ended December 31, 2015 (in thousands): December 31, 2015 Land $ 138,536 Buildings, fixtures and improvements 393,918 Acquired in-place leases (1) 83,043 Acquired above-market leases (2) 6,485 Intangible lease liabilities (3) (5,883 ) Fair value adjustment of assumed note payable (253 ) Total purchase price $ 615,846 ____________________________________ (1) The weighted average amortization period for acquired in-place leases was 13.0 years for the 2015 Acquisitions. (2) The weighted average amortization period for acquired above-market leases was 11.3 years for the 2015 Acquisitions. (3) The weighted average amortization period for acquired intangible lease liabilities was 9.5 years for the 2015 Acquisitions. The Company recorded revenue for the year ended December 31, 2015 of $28.4 million and a net loss for the year ended December 31, 2015 of $6.3 million related to the 2015 Acquisitions. The following information summarizes selected financial information of the Company as if all of the 2015 Acquisitions were completed on January 1, 2014 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, 2015 and 2014 (in thousands): Year Ended December 31, 2015 2014 Pro forma basis (unaudited): Revenue $ 387,921 $ 305,141 Net income $ 79,888 $ 8,267 The unaudited pro forma information for the year ended December 31, 2015 was adjusted to exclude $15.5 million of acquisition-related fees and expenses recorded during the year ended December 31, 2015 . Accordingly, these costs were instead recognized in the unaudited pro forma information for the year ended December 31, 2014 . 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 2014 , nor does it purport to represent the results of future operations. Development Project During the year ended December 31, 2014, the Company acquired one land parcel, upon which a 1.6 million square foot industrial property was expected to be constructed. The land, acquired for an aggregate amount of $23.9 million , was excluded from the 2014 Acquisitions. During the year ended December 31, 2015, the Company substantially completed the development project and placed it in service. As of December 31, 2015, the Company had a total investment of $102.8 million . 2015 Land Disposition During the year ended December 31, 2015 , the Company sold one undeveloped land parcel for a gross sales price of $1.1 million , resulting in net cash proceeds of $1.0 million to the Company and a loss of $108,000 . Impairment of a Property During the year ended December 31, 2015 , a property with a carrying value of $2.7 million was deemed to be impaired and its carrying value was reduced to its estimated fair value of $1.3 million , resulting in impairment charges of $1.4 million , which were recorded in the consolidated statement of operations. See Note 3 — Fair Value Measurements for a further discussion on these impairment charges. 2014 Property Acquisitions During the year ended December 31, 2014 , the Company acquired 422 commercial properties, including properties held in the Consolidated Joint Venture, for an aggregate purchase price of $1.7 billion (the “ 2014 Acquisitions”). The Company purchased the 2014 Acquisitions with net proceeds from the Offering, Initial DRIP 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 for acquisitions purchased during the year ended December 31, 2014 (in thousands): December 31, 2014 Land $ 437,206 Buildings, fixtures and improvements 1,152,148 Acquired in-place leases (1) 154,972 Acquired above-market leases (2) 23,430 Intangible lease liabilities (3) (24,620 ) Fair value adjustment of assumed note payable (765 ) Total purchase price $ 1,742,371 ____________________________________ (1) The weighted average amortization period for acquired in-place leases was 12.6 years for the 2014 Acquisitions. (2) The weighted average amortization period for acquired above-market leases was 11.0 years for the 2014 Acquisitions. (3) The weighted average amortization period for acquired intangible lease liabilities was 7.6 years for the 2014 Acquisitions. The Company recorded revenue for the year ended December 31, 2014 of $61.2 million and a net loss for the year ended December 31, 2014 of $25.7 million related to the 2014 Acquisitions. The following information summarizes selected financial information of the Company as if all of the 2014 Acquisitions were completed on January 1, 2013 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, 2014 and 2013 (in thousands): Year Ended December 31, 2014 2013 Pro forma basis (unaudited): Revenue $ 332,860 $ 245,969 Net income (loss) $ 131,001 $ (53,805 ) The unaudited pro forma information for the year ended December 31, 2014 was adjusted to exclude $51.8 million of acquisition-related fees and expenses recorded during the year ended December 31, 2014 . Accordingly, these costs were instead recognized in the unaudited pro forma information for the year ended December 31, 2013. 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 2013, nor does it purport to represent the results of future operations. 2014 Land Disposition During the year ended December 31, 2014 , the Company sold one undeveloped land parcel for a gross sales price of $1.9 million , resulting in net cash proceeds of $1.8 million to the Company and a loss of $157,000 . Escrowed Funds for Acquisition of Real Estate Investments In anticipation of closing on two properties, the Company funded $70.3 million to an escrow account on September 30, 2014, which was returned when both of the properties closed and the title was transferred during the quarter ended December 31, 2014. As of December 31, 2014 , there were no amounts included in escrowed funds for acquisition of real estate investments on the accompanying consolidated balance sheets. Consolidated Joint Venture As of December 31, 2016 , the Company had an interest in a Consolidated Joint Venture that owns and manages nine properties, with total assets of $53.8 million , which included $53.3 million of real estate assets, net of accumulated depreciation and amortization of $3.6 million , and total liabilities of $739,000 . The Consolidated Joint Venture does not have any debt outstanding as of December 31, 2016 . The Company has the ability to control operating and financial policies of the Consolidated Joint Venture. There are restrictions on the use of these assets as the Company would generally be required to obtain the partner’s (the “Consolidated Joint Venture Partner”) approval in accordance with the joint venture agreement for any major transactions. The Company and the Consolidated Joint Venture Partner are subject to the provisions of the joint venture agreement, which includes provisions for when additional contributions may be required to fund certain cash shortfalls.

Intangible Lease Assets

Intangible Lease Assets	12 Months Ended
	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE LEASE ASSETS	INTANGIBLE LEASE ASSETS The intangible lease assets consisted of the following (in thousands, except weighted average life remaining amounts): As of December 31, 2016 2015 In-place leases, net of accumulated amortization of $125,620 and $81,856, respectively (with a weighted average life remaining of 10.7 years and 11.7 years, respectively) $ 364,038 $ 391,868 Acquired above-market leases, net of accumulated amortization of $18,723 and $12,454, respectively (with a weighted average life remaining of 8.9 years and 10.1 years, respectively) 44,768 47,299 $ 408,806 $ 439,167 Amortization expense related to the in-place lease assets for the years ended December 31, 2016 , 2015 and 2014 , was $45.9 million , $41.6 million and $29.6 million , respectively. Amortization expense related to the acquired above-market lease assets for the years ended December 31, 2016 , 2015 and 2014 , was $6.6 million , $6.4 million and $4.4 million , respectively, and was recorded as a reduction to rental income in the consolidated statements of operations. Estimated amortization expense related to the intangible lease assets as of December 31, 2016 for each of the five succeeding fiscal years is as follows (in thousands): Amortization Year Ending December 31, In-Place Leases Above-Market Leases 2017 $ 42,993 $ 6,829 2018 $ 39,977 $ 5,885 2019 $ 36,115 $ 4,775 2020 $ 33,824 $ 4,202 2021 $ 31,244 $ 3,795

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	12 Months Ended
	Dec. 31, 2016
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 risk. During the year ended December 31, 2016 , the Company entered into three interest rate swap agreements. As of December 31, 2016 , the Company had 11 interest rate swap agreements. The following table summarizes the terms of the Company’s executed interest rate swap agreements designated as hedging instruments as of December 31, 2016 and 2015 (in thousands): Outstanding Notional Fair Value Assets and (Liabilities) Balance Sheet Amount as of Interest Effective Maturity December 31, December 31, Location December 31, 2016 Rates (1) Dates Dates 2016 2015 Interest Rate Swaps Derivative assets, prepaid expenses, property escrow deposits and other assets $ 440,066 2.55% to 3.91% 6/30/2015 to 9/01/2016 8/15/2018 to 7/01/2021 $ 2,327 $ 519 Interest Rate Swaps Deferred rental income, derivative liabilities and other liabilities $ 588,737 3.10% to 4.75% 6/24/2013 to 12/31/2015 6/24/2018 to 8/24/2020 $ (3,351 ) $ (5,878 ) ____________________________________ (1) The interest rates consist of the underlying index swapped to a fixed rate and the applicable interest rate spread as of December 31, 2016 . Additional disclosures related to the fair value of the Company’s derivative instruments are included in Note 3 — Fair Value Measurements. 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 in order 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 are designated as hedges is recorded in other comprehensive income (loss), with a portion of the amount subsequently reclassified to interest expense as interest payments are made on the Company’s variable rate debt. For the years ended December 31, 2016 , 2015 , and 2014 , the amounts reclassified were $8.8 million , $6.5 million and $5.2 million , respectively. During the next 12 months, the Company estimates that an additional $3.9 million will be reclassified from other comprehensive income (loss) as an increase to interest expense. Any ineffective portion of the change in fair value of the derivative instruments is recorded in interest expense. There were no portions of the change in the fair value of the interest rate swaps that were considered ineffective during the years ended December 31, 2016 , 2015 , and 2014 . The Company has agreements with each of its derivative counterparties that contain provisions whereby if the Company defaults on certain of its unsecured indebtedness, the Company could also be declared in default on its derivative obligations, resulting in an acceleration of payment. If the Company had breached any of these provisions, it could have been required to settle its obligations under the agreements at their aggregate termination value, inclusive of interest payments, of $3.7 million at December 31, 2016 . 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 credit quality of the Company and the respective counterparty. There were no termination events or events of default related to the interest rate swaps as of December 31, 2016 .

Notes Payable And Credit Facili

Notes Payable And Credit Facility	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
NOTES PAYABLE AND CREDIT FACILITY	NOTES PAYABLE AND CREDIT FACILITY As of December 31, 2016 , the Company had $2.2 billion of debt outstanding, including net deferred financing costs, with weighted average years to maturity of 3.4 years and a weighted average interest rate of 3.5% . The weighted average years to maturity is computed using the anticipated repayment date as specified in each loan agreement where applicable. The weighted average interest rate is computed using the interest rate in effect until the anticipated repayment date. Should the loan not be repaid at the anticipated repayment date, the applicable interest rate will increase as specified in the respective loan agreement until the extended maturity date. The following table summarizes the debt balances as of December 31, 2016 and 2015 , and the debt activity for the year ended December 31, 2016 (in thousands): During the Year Ended December 31, 2016 Balance as of December 31, 2015 Debt Issuances and Assumptions (1) Repayments Accretion and (Amortization) Balance as of December 31, 2016 Fixed rate debt $ 896,628 $ 268,420 $ (426 ) $ — $ 1,164,622 Variable rate debt 53,500 — — — 53,500 Credit facility 1,127,666 225,000 (313,000 ) — 1,039,666 Total debt 2,077,794 493,420 (313,426 ) — 2,257,788 Net premiums (2) 590 — — (84 ) 506 Deferred costs (3) (11,821 ) (3,522 ) — 3,308 (12,035 ) Total debt, net $ 2,066,563 $ 489,898 $ (313,426 ) $ 3,224 $ 2,246,259 ____________________________________ (1) Includes deferred financing costs incurred during the period. (2) Net premiums on mortgage notes payable were recorded upon the assumption of the respective debt instruments. Amortization of these net premiums is recorded as a reduction to interest expense over the remaining term of the respective debt instruments using the effective-interest method. (3) Deferred costs relate to mortgage notes payable and the term portion of the credit facility. As of December 31, 2016 , the fixed rate debt outstanding of $1.2 billion included $217.1 million of variable rate debt that is fixed through interest rate swap agreements, which has 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 2.6% to 5.0% per annum. The debt outstanding matures on various dates from June 2018 through October 2025 . The aggregate balance of gross real estate assets, net of gross intangible lease liabilities, securing the fixed rate debt outstanding was $2.1 billion as of December 31, 2016 . Each of the mortgage notes payable comprising the fixed rate debt is secured by the respective properties on which the debt was placed. As of December 31, 2016 , the variable rate debt outstanding of $53.5 million had a weighted average interest rate of 3.3% . The variable rate debt outstanding matures on various dates from February 2018 to February 2020 . The aggregate balance of gross real estate assets, net of gross intangible lease liabilities, securing the variable rate debt outstanding was $106.8 million as of December 31, 2016 . The Company has an amended and restated unsecured credit facility (the “Credit Facility”) with JPMorgan Chase Bank, N.A. as administrative agent (“JPMorgan Chase”), that provides for borrowings of up to $1.28 billion , which includes a $636.7 million unsecured term loan (the “Term Loan”) and up to $643.3 million in unsecured revolving loans (the “Revolving Loans”). The Term Loan matures on August 15, 2018 and the Revolving Loans mature on August 15, 2017 . Depending upon the type of loan specified and overall leverage ratio, the Credit Facility bears interest at (i) the one-month, two-month, three-month or six-month London Interbank Offered Rate (“LIBOR”) multiplied by the statutory reserve rate (the “Eurodollar Rate”) plus an interest rate spread ranging from 1.65% to 2.50% or (ii) 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 (c) the one-month LIBOR multiplied by the statutory reserve rate plus 1.00% . As of December 31, 2016 , the Revolving Loans outstanding totaled $403.0 million , $250.0 million of which is subject to an interest rate swap agreement (the “Swapped Revolver”). The interest rate swap agreement has the effect of fixing the Eurodollar Rate beginning on December 31, 2015 through the maturity date of the Revolving Loans. The all-in rate for the Swapped Revolver was 3.1% as of December 31, 2016 . As of December 31, 2016 , the Term Loan outstanding totaled $636.7 million , $561.7 million of which is subject to interest rate swap agreements (the “Swapped Term Loan”). The interest rate swap agreements had the effect of fixing the Eurodollar Rate per annum through the maturity date of the Swapped Term Loan. As of December 31, 2016 , the weighted average all-in rate for the Swapped Term Loan was 3.2% . As of December 31, 2016 , the Company had $1.0 billion outstanding under the Credit Facility at a weighted average interest rate of 3.1% and $240.3 million in unused capacity, subject to borrowing availability. Subsequent to December 31, 2016, the Company entered into a second amended and restated credit agreement (the “Second Amended and Restated Credit Agreement”) that increased the allowable borrowings and extended the maturity dates of the Credit Facility (the “Second Amended and Restated Credit Facility”). See Note 17 — Subsequent Events for terms of the Second Amended and Restated Credit Facility. The Second Amended and Restated Credit Agreement contains provisions with respect to covenants, events of default and remedies customary for facilities of this nature. In particular, the Second Amended and Restated Credit Agreement requires the Company to maintain a minimum consolidated net worth greater than or equal to the sum of (i) $2.0 billion plus (ii) 75% of the issuance of equity from the date of the Second Amended and Restated Credit Agreement, a leverage ratio less than or equal to 60% , a fixed charge coverage ratio equal to or greater than 1.50 , an unsecured debt to unencumbered asset value ratio equal to or less than 60% , an unsecured debt service coverage ratio equal to or greater than 1.75 and a secured debt ratio equal to or less than 40% . The Company believes it was in compliance with the financial covenants under the Second Amended and Restated Credit Agreement, as well as the financial covenants under the Company's various fixed and variable rate debt agreements, as of December 31, 2016 . The following table summarizes the scheduled aggregate principal repayments for the Company’s outstanding debt as of December 31, 2016 for each of the five succeeding fiscal years and the period thereafter (in thousands): Year Ending December 31, Principal Repayments 2017 $ 403,451 2018 693,877 2019 49,799 2020 333,215 2021 100,602 Thereafter 676,844 Total $ 2,257,788

Intangible Lease Liabilities

Intangible Lease Liabilities	12 Months Ended
	Dec. 31, 2016
Intangible Liabilities Disclosure [Abstract]
Intangible Lease Liabilities	INTANGIBLE LEASE LIABILITIES Intangible lease liabilities consisted of the following (in thousands, except weighted average life remaining amounts): As of December 31, 2016 2015 Acquired below-market leases, net of accumulated amortization of $23,241 and $15,641, respectively (with a weighted average life remaining of 7.8 years and 8.8 years, respectively) $ 49,075 $ 53,822 Amortization of the intangible lease liabilities during the years ended December 31, 2016 , 2015 and 2014 was $7.8 million , $7.6 million and $6.6 million , respectively, and was recorded as an addition to rental income in the consolidated statements of operations. Estimated amortization of the intangible lease liabilities as of December 31, 2016 for each of the five succeeding fiscal years is as follows (in thousands): Year Ending December 31, Amortization of Below-Market Leases 2017 $ 7,887 2018 $ 7,500 2019 $ 6,629 2020 $ 5,835 2021 $ 4,390

Supplemental Cash Flow Disclosu

Supplemental Cash Flow Disclosures	12 Months Ended
	Dec. 31, 2016
Supplemental Cash Flow Elements [Abstract]
SUPPLEMENTAL CASH FLOW DISCLOSURES	SUPPLEMENTAL CASH FLOW DISCLOSURES Supplemental cash flow disclosures for the years ended December 31, 2016 , 2015 and 2014 are as follows (in thousands): Year Ended December 31, 2016 2015 2014 Supplemental Disclosures of Non-Cash Investing and Financing Activities: Distributions declared and unpaid $ 16,498 $ 16,568 $ 16,189 Accrued capital expenditures $ 675 $ 2,741 $ 7,721 Common stock issued through distribution reinvestment plan $ 109,166 $ 112,158 $ 104,261 Change in fair value of interest rate swaps $ 4,335 $ (1,302 ) $ (1,805 ) Contingent consideration recorded upon property acquisitions $ 332 $ 2,880 $ 5,342 Fair value of notes payable assumed in real estate acquisition $ — $ 15,233 $ 25,979 Consolidation of real estate joint venture $ 18,305 $ — $ — Supplemental Cash Flow Disclosures: Interest paid $ 74,034 $ 54,388 $ 31,159

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2016
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 and claims. The Company is not aware of any material pending legal proceedings, other than ordinary routine litigation incidental to the Company’s business, to which the Company is a party or of which the Company’s properties are the subject. Purchase Commitments As of December 31, 2016 , the Company had entered into a purchase agreement with an unaffiliated third-party seller to acquire a 100% interest in one retail property, subject to meeting certain criteria, for an aggregate purchase price of $10.1 million , exclusive of closing costs. As of December 31, 2016 , the Company had $250,000 of property escrow deposits held by an escrow agent in connection with this future property acquisition. This deposit is included in the accompanying consolidated balance sheets in derivative assets, prepaid expenses, property escrow deposits and other assets and could be forfeited under certain circumstances. None of these escrow deposits have been forfeited as of December 31, 2016 . Environmental Matters In connection with the ownership and operation of real estate, the Company may potentially be liable for costs and damages related to environmental matters. In addition, the Company may own or acquire certain properties that are subject to environmental remediation. Generally, the seller of the property, the tenant of the property and/or another third party is responsible for environmental remediation costs related to a property. Additionally, in connection with the purchase of certain properties, the respective sellers and/or tenants may agree to indemnify the Company against future remediation costs. The Company also carries environmental liability insurance on its properties that provides limited coverage for any remediation liability and/or pollution liability for third-party bodily injury and/or property damage claims for which the Company may be liable. The Company is not aware of any environmental matters which it believes are reasonably likely to have a material effect on its results of operations, financial condition or liquidity.

Related-Party Transactions and

Related-Party Transactions and Arrangements	12 Months Ended
	Dec. 31, 2016
Related Party Transactions [Abstract]
RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS	RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS The Company has incurred 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. Selling commissions and dealer manager fees In connection with the Offering, CCC, the Company’s dealer manager for the Offering, received selling commissions of up to 7.0% of gross offering proceeds before reallowance of selling commissions earned by participating broker-dealers. CCC reallowed 100% of selling commissions earned to participating broker-dealers. In addition, CCC received up to 2.0% of gross offering proceeds before reallowance to participating broker-dealers as a dealer manager fee in connection with the primary portion of the Offering. CCC, in its sole discretion, reallowed a portion of its dealer manager fee to such participating broker-dealers. No selling commissions or dealer manager fees are or were paid to CCC or other participating broker-dealers with respect to shares issued pursuant to the DRIP portion of the Offering or the DRIP Offerings. Other organization and offering expenses All other organization and offering expenses associated with the sale of the Company’s common stock in the Offering (excluding selling commissions and dealer manager fees) were paid by CR IV Advisors or its affiliates and were reimbursed by the Company up to 2.0% of aggregate gross offering proceeds. A portion of the other organization and offering expenses were considered to be underwriting compensation. Acquisition fees and expenses The Company pays CR IV Advisors or its affiliates 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. In addition, the Company reimburses CR IV Advisors or its affiliates 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. Advisory fees and expenses The Company pays CR IV Advisors a monthly advisory fee based upon the Company’s monthly average invested assets, which effective October 1, 2016, is based on the estimated market value of such assets used to determine the Company’s estimated per share NAV as of September 30, 2016, as discussed in Note 1 — Organization and Business, and for those assets acquired subsequent to September 30, 2016, is based on the purchase price. The monthly advisory fee is equal to the following amounts: (1) an annualized rate of 0.75% paid on the Company’s average invested assets that are between $0 and $2.0 billion ; (2) an annualized rate of 0.70% paid on the Company’s average invested assets that are between $2.0 billion and $4.0 billion ; and (3) an annualized rate of 0.65% paid on the Company’s average invested assets that are over $4.0 billion . Operating expenses The Company reimburses CR IV Advisors or its affiliates for certain expenses CR IV Advisors or its affiliates paid or incurred in connection with the services provided to the Company, subject to the limitation that the Company will not reimburse CR IV Advisors or its affiliates for any amount by which the operating expenses (including the advisory fee) at the end of the four preceding fiscal quarters exceed the greater of: (1) 2.0% of average invested assets, or (2) 25.0% of net income excluding 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 CR IV Advisors or its affiliates for the salaries and benefits paid to personnel in connection with the services for which CR IV Advisors receives acquisition fees, and the Company will not reimburse CR IV Advisors for salaries and benefits paid to the Company’s executive officers. Disposition fees 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 one or more properties (or the Company’s entire portfolio), the Company will pay CR IV Advisors or its affiliates a disposition fee in an amount equal to up to one-half of the real estate or brokerage commission paid by the Company to third parties on the sale of such properties, not to exceed 1.0% of the contract price of the properties sold; provided, however, in no event may the total disposition fees paid to CR IV Advisors, its affiliates and 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. During each of the years ended December 31, 2016 , 2015 and 2014 , no disposition fees were incurred for any such services provided by CR IV Advisors or its affiliates. Subordinated performance fees 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, from regular distributions plus special distributions paid from proceeds of such sale, 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 the fee 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, 2016 , 2015 and 2014 , no subordinated performance fees were incurred related to any such events. 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, 2016 2015 2014 Selling commissions $ — $ — $ 55,921 Dealer manager fees $ — $ — $ 16,780 Other offering costs $ — $ — $ 7,277 Acquisition fees and expenses $ 4,960 $ 13,311 $ 38,483 Advisory fees and expenses $ 41,926 $ 36,225 $ 24,152 Operating expenses $ 4,119 $ 4,568 $ 3,383 Of the amounts shown above, $5.3 million and $5.6 million had been incurred, but not yet paid, for services provided by CR IV Advisors or its affiliates in connection with the acquisition and operations activities during the years ended December 31, 2016 and 2015 , respectively, and such amounts were recorded as liabilities of the Company as of such dates. Due to/from Affiliates As of December 31, 2016 and 2015 , $5.3 million and $5.6 million , respectively, had been incurred primarily for advisory and operating expenses by CR IV Advisors or its affiliates, but had not yet been reimbursed by the Company. These amounts were included in due to affiliates in the consolidated balance sheets as of such periods. As of December 31, 2016 and 2015 , $58,000 and $47,000 , respectively, were due from CR IV Advisors or its affiliates related to amounts received by affiliates of the advisor which were due to the Company.

Economic Dependency

Economic Dependency	12 Months Ended
	Dec. 31, 2016
Economic Dependency [Abstract]
ECONOMIC DEPENDENCY	ECONOMIC DEPENDENCY Under various agreements, the Company has engaged or may engage CR IV Advisors or 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, 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 or 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, 2016
Equity [Abstract]
STOCKHOLDERS' EQUITY	STOCKHOLDERS’ EQUITY As of December 31, 2016, the Company was authorized to issue $600.0 million of shares of common stock under the Secondary DRIP Offering. As of December 31, 2015 and 2014, the Company was authorized to issue $247.0 million in shares of common stock pursuant to the Initial DRIP Offering. All shares of such stock have a par value of $0.01 per share. The par value of investor proceeds raised from the DRIP Offerings is classified as common stock, with the remainder allocated to capital in excess of par value. The Company ceased issuing shares under the Initial DRIP Offering effective as of June 30, 2016. As of December 31, 2013, 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 Cole Holdings Corporation (“CHC”). On April 5, 2013, the ownership of such shares was transferred to CREInvestments, LLC (“CREI”), an affiliate of CR IV Advisors. On February 7, 2014, the ownership of such shares was transferred to VEREIT Operating Partnership, L.P. (“VEREIT OP”). Pursuant to the Company’s charter, VEREIT 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 VEREIT 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. The Company ceased offering shares of its common stock in the Offering on April 4, 2014 and registered $247.0 million in shares of common stock under the Initial DRIP Offering. 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 under the DRIP portion of the Offering was $9.50 per share. The purchase price under the Initial DRIP Offering was $9.50 per share until September 30, 2015 and was $9.70 per share beginning October 1, 2015, the estimated per share NAV as determined by the board of directors as of August 31, 2015. Prior to November 13, 2016, the purchase price per share under the Secondary DRIP Offering was $9.70 and from November 14, 2016 to March 27, 2017 is $9.92 per share, the estimated per share NAV as determined by the board of directors as of September 30, 2016. On March 24, 2017, the Company’s board of directors established an updated estimated per share NAV of its common stock as of December 31, 2016, of $10.08 per share. Effective March 28, 2017, the Company will issue shares of its common stock at a price of $10.08 per share pursuant to the Secondary DRIP Offering. The Company’s board of directors may terminate or amend the Secondary DRIP Offering at the Company’s discretion at any time upon ten days’ prior written notice to the stockholders. During the years ended December 31, 2016 , 2015 and 2014 , approximately 11.2 million , 11.7 million and 11.0 million shares were purchased under the DRIP Offerings for approximately $109.2 million , $112.2 million and $104.3 million , respectively, which were recorded as redeemable common stock on the consolidated balance sheets. 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, among other things, to the net proceeds the Company receives from the sale of shares under the DRIP Offerings, net of shares redeemed to date. 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 Offerings. In accordance with the Company’s share redemption program, the per share redemption price (other than for shares purchased pursuant to the DRIP portion of the Offering and the DRIP Offerings) will depend on the length of time the redeeming stockholder has held such shares as follows: after two years from the purchase date, 97.5% of the most recent estimated value of each share; and after three years from the purchase date, 100% of the most recent estimated value of each share. During this time period, the redemption price for shares purchased pursuant to the DRIP portion of the Offering and the DRIP Offerings will be 100% of the most recent estimated value of each share. Until September 30, 2015, the most recent estimated value per share for purposes of the share redemption program was $10.00 per share, the purchase price per share in the primary portion of the Offering. From October 1, 2015 until November 13, 2016, the most recent estimated value per share for purposes of the share redemption program was $9.70 per share, the estimated per share NAV as of August 31, 2015, as determined by the Board. From November 14, 2016 until March 27, 2017, the most recent estimated value per share for purposes of the share redemption program is $9.92 per share, the estimated per share NAV as of September 30, 2016, as determined by the Board. As a result of the Board’s determination of an updated estimated value of the Company’s shares of common stock, the updated estimated per share NAV of $10.08 , as of December 31, 2016, will serve as the most recent estimated value for purposes of the share redemption program, effective March 28, 2017, until such time as the Board determines a new estimated per share NAV. See the discussion of the updated estimated per share NAV of the Company’s common stock effective March 28, 2017 in Note 17 — Subsequent Events. 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 quarterly 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 Board may amend, suspend or terminate the share redemption program at any time upon 30 days’ prior written notice to the stockholders. During the years ended December 31, 2016 , 2015 and 2014 , the Company redeemed approximately 11.5 million , 4.6 million and 1.1 million shares, respectively, under the share redemption program for $110.7 million , $44.2 million and $10.6 million , respectively. During the year ended December 31, 2016 , redemption requests relating to approximately 3.6 million shares went unfulfilled. Distributions Payable and Distribution Policy The Board authorized a daily distribution, based on 366 days in the calendar year, of $0.001706776 per share for stockholders of record as of the close of business on each day of the period commencing on January 1, 2016 and ending on December 31, 2016. In addition, the Board authorized a daily distribution, based on 365 days in the calendar year, of $0.001711452 per share for stockholders of record as of the close of business on each day of the period commencing on January 1, 2017 and ending on June 30, 2017. As of December 31, 2016 , the Company had distributions payable of $16.5 million .

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES For federal income tax purposes, distributions to stockholders are characterized as ordinary dividends, capital gain distributions, or nondividend distributions. Nondividend 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, 2016 , 2015 and 2014 : Year Ended December 31, Character of Distributions (Unaudited): 2016 2015 2014 Ordinary dividends 53 % 58 % 47 % Nondividend distributions 46 % 42 % 53 % Capital gain distributions 1 % — % — % Total 100 % 100 % 100 % During the years ended December 31, 2016 , 2015 and 2014 , 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, 2016 , 2015 and 2014 , the Company incurred state and local income and franchise taxes of $1.2 million , $2.2 million , and $1.3 million , 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, 2016 and 2015 . 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, 2016
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, 2016 , the leases had a weighted-average remaining term of 9.9 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, 2016 , was as follows (in thousands): Year Ending December 31, Future Minimum Rental Income 2017 $ 350,394 2018 341,375 2019 324,354 2020 311,907 2021 295,443 Thereafter 1,998,244 $ 3,621,717 A certain amount of the Company’s rental income is from tenants with leases which are subject to contingent rent provisions. These contingent rents are subject to the tenant achieving periodic revenues in excess of specified levels. For the years ended December 31, 2016 , 2015 and 2014 , the amount of the contingent rent earned by the Company was not significant.

Quarterly Results (Unaudited)

Quarterly Results (Unaudited)	12 Months Ended
	Dec. 31, 2016
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, 2016 and 2015 (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. December 31, 2016 First Quarter Second Quarter Third Quarter Fourth Quarter Revenues $ 100,547 $ 100,597 $ 101,796 $ 104,511 Acquisition-related fees and expenses $ 372 $ 1,803 $ 1,417 $ 599 Operating income $ 38,675 $ 38,153 $ 37,314 $ 35,042 Net income $ 20,054 $ 18,945 $ 18,128 $ 14,852 Net income attributable to the Company $ 20,020 $ 18,912 $ 18,096 $ 14,814 Basic and diluted net income per common share (1) $ 0.06 $ 0.06 $ 0.06 $ 0.05 Distributions declared per common share $ 0.155 $ 0.156 $ 0.157 $ 0.157 ____________________________________ (1) The Company calculates net income per share based on the weighted-average number of outstanding shares of common stock during the reporting period. The average number of shares fluctuates throughout the year and can therefore produce a full year result that does not agree to the sum of the individual quarters. December 31, 2015 First Quarter Second Quarter Third Quarter Fourth Quarter Revenues $ 85,963 $ 90,528 $ 94,188 $ 97,052 Acquisition-related fees and expenses $ 5,385 $ 3,882 $ 2,518 $ 3,741 Operating income $ 28,395 $ 31,862 $ 34,696 $ 29,247 Net income $ 15,998 $ 17,293 $ 18,485 $ 13,117 Net income attributable to the Company $ 16,015 $ 17,225 $ 18,452 $ 13,079 Basic and diluted net income per common share (1) $ 0.05 $ 0.06 $ 0.06 $ 0.04 Distributions declared per common share $ 0.154 $ 0.155 $ 0.158 $ 0.158 ____________________________________ (1) The Company calculates net income per share based on the weighted-average number of outstanding shares of common stock during the reporting period. The average number of shares fluctuates throughout the year and can therefore produce a full year result that does not agree to the sum of the individual quarters.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2016
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS The following events occurred subsequent to December 31, 2016: Redemption of Shares of Common Stock Subsequent to December 31, 2016 , the Company redeemed approximately 2.7 million shares pursuant to the Company’s share redemption program for $27.1 million (at an average price per share of $9.91 ). Management, in its discretion, limited the amount of shares redeemed for the three months ended December 31, 2016 to shares issued in the DRIP Offerings during the period. The remaining redemption requests received during the three months ended December 31, 2016 totaling approximately 2.3 million shares went unfulfilled. Credit Facility and Notes Payable Subsequent to December 31, 2016, the Company entered into the Second Amended and Restated Credit Agreement that increased the allowable borrowings of the Credit Facility up to $1.40 billion . The Second Amended and Restated Credit Facility includes a $1.05 billion unsecured term loan and allows us to borrow up to $350.0 million in unsecured revolving loans. The Second Amended and Restated Credit Agreement also extended the maturity date of the Term Loan to March 15, 2022 and the Revolving Loans to March 15, 2021. However, we may elect to extend the maturity date of the Revolving Loans to March 15, 2022 subject to satisfying certain conditions described in the Second Amended and Restated Credit Agreement. Investment in Real Estate Assets Subsequent to December 31, 2016 , the Company acquired four commercial real estate properties for an aggregate purchase price of $55.4 million . The Company has not completed its initial purchase price allocations with respect to these properties and therefore cannot provide similar disclosures to those included in Note 4 — Real Estate Investments in these consolidated financial statements for these properties. Estimated Per Share NAV On March 24, 2017, the Board established an estimated per share NAV of the Company’s common stock as of December 31, 2016, of $10.08 per share. Commencing on March 28, 2017, distributions will be reinvested in shares of the Company’s common stock under the Secondary DRIP Offering at a price of $10.08 per share. Pursuant to the terms of the Company’s share redemption program, commencing on March 28, 2017, the updated estimated per share NAV of $10.08 , as of December 31, 2016, will serve as the most recent estimated value for purposes of the share redemption program going forward, until such time as the Board determines a new estimated per share NAV. No distributions were reinvested in shares of the Company’s common stock under the Secondary DRIP Offering and no shares were redeemed between the Board’s establishment of the updated estimated per share NAV on March 24, 2017 and March 28, 2017.

Schedule III - Real Estate Asse

Schedule III - Real Estate Assets and Accumulated Depreciation	12 Months Ended
	Dec. 31, 2016
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 Buildings, Total Which Carried Accumulated Fixtures and Adjustment At December 31, 2016 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: Beaverton, OR (g) $ 2,609 $ 9,974 $ — $ 12,583 $ 572 9/30/2014 2009 Fort Worth, TX (g) 1,519 7,449 — 8,968 648 9/27/2013 2008 Aaron’s: Hillsboro, OH (g) 279 829 — 1,108 91 8/26/2013 2013 Mountain Home, AR (g) 183 872 — 1,055 28 10/1/2015 2015 Wilmington, OH (g) 249 1,134 — 1,383 64 2/26/2015 2014 Academy Sports: Clarksville, TN (g) 1,811 6,603 — 8,414 455 6/17/2014 2014 Cookeville, TN $ 49,300 — 23,847 73,371 97,218 2,616 9/30/2014 2015 Douglasville, GA (g) 1,360 8,593 — 9,953 585 6/12/2014 2014 Flowood, MS (g) 1,534 7,864 — 9,398 574 6/27/2014 2014 McDonough, GA (g) 1,846 5,626 — 7,472 423 4/24/2014 2010 Valdosta, GA 5,838 2,482 5,922 — 8,404 639 5/10/2013 2012 Advance Auto: Corydon, IN (g) 190 1,219 — 1,409 140 10/26/2012 2012 Dearborn Heights, MI (g) 385 1,090 — 1,475 92 8/30/2013 2013 Decatur, GA (g) 606 1,053 — 1,659 89 12/20/2013 2012 Lake Geneva, WI 1,062 381 1,181 — 1,562 120 2/6/2013 2012 Lawton, OK (g) 387 1,000 — 1,387 43 6/12/2015 2005 Mattoon, IL (g) 261 1,063 — 1,324 28 12/4/2015 2015 Mt. Pleasant, IA (g) 122 1,069 — 1,191 88 4/26/2014 2013 North Ridgeville, OH (g) 218 1,284 — 1,502 154 4/13/2012 2008 Rutherfordton, NC (g) 220 944 — 1,164 81 10/22/2013 2013 Starkville, MS (g) 447 756 — 1,203 98 6/29/2012 2011 Willmar, MN (g) 200 1,279 — 1,479 58 3/25/2015 2014 Albany Square: Albany, GA 4,600 1,606 7,113 300 9,019 694 2/26/2014 2013 Almeda Crossing: Houston, TX (g) 4,738 26,245 325 31,308 1,705 8/7/2014 2006 Amazon: Lebanon, TN 33,000 1,934 56,286 — 58,220 3,320 10/15/2014 2012 Applebee’s: Greenville, SC (g) 672 1,737 — 2,409 111 6/27/2014 2004 Lithonia, GA (g) 1,234 2,613 — 3,847 182 3/28/2014 2002 Savannah, GA (g) 818 1,686 — 2,504 116 5/22/2014 2006 At Home: Kissimmee, FL (g) 2,512 5,594 — 8,106 55 9/9/2016 1992 AutoZone: Philipsburg, PA (g) 152 1,304 — 1,456 155 7/30/2012 2010 Poughkeepsie, NY (g) 699 1,356 — 2,055 50 8/20/2015 2005 Sheffield, OH — 815 — 770 1,585 23 10/15/2014 2014 Bass Pro Shops: Tallahassee, FL (g) 945 5,713 — 6,658 545 8/20/2013 2013 Beavercreek Shopping Center: Beavercreek, OH 17,200 5,504 25,178 537 31,219 2,273 10/31/2013 2013 Initial Costs to Company Gross Amount at Buildings, Total Which Carried Accumulated Fixtures and Adjustment At December 31, 2016 Depreciation Date Date Description (a) Encumbrances Land Improvements to Basis (b) (c) (d) (e) Acquired Constructed Bed Bath & Beyond/Golfsmith: Schaumburg, IL $ 7,300 $ 4,786 $ 6,149 $ — $ 10,935 $ 805 3/8/2013 1997 Benihana: Golden Valley, MN (g) 1,510 2,934 — 4,444 334 8/21/2012 1980 Lauderdale by the Sea, FL (g) 2,181 2,014 — 4,195 235 8/21/2012 1971 Lombard, IL (g) 1,390 2,343 — 3,733 318 8/21/2012 1984 Woodlands, TX (g) 1,151 968 — 2,119 115 8/21/2012 2001 Big Lots: San Angelo, TX (g) 1,043 1,947 — 2,990 311 12/19/2012 2012 Waco, TX (g) 1,069 1,326 56 2,451 230 12/10/2012 2012 Biolife Plasma Services: Bellingham, WA — 2,397 6,264 — 8,661 390 11/21/2014 2014 Grandville, MI — 959 4,791 — 5,750 276 11/21/2014 2014 Loveland, CO — 651 5,645 — 6,296 320 11/21/2014 2014 Bloomington, IN — 696 3,900 — 4,596 259 6/26/2014 2014 Fort Wayne, IN — 660 3,749 — 4,409 250 6/26/2014 2013 St. Cloud, MN — 889 3,633 — 4,522 265 6/26/2014 2013 St. George, UT — 1,195 5,561 — 6,756 267 3/12/2015 2014 Waterloo, IA — 489 3,380 — 3,869 251 6/26/2014 2013 West Fargo, ND — 1,379 5,052 — 6,431 255 3/12/2015 2014 Bojangles: Pelham, AL (g) 219 1,216 — 1,435 83 6/30/2014 2010 Boston Commons: Springfield, MA 5,400 3,101 7,042 89 10,232 481 8/19/2014 2004 Bottom Dollar Grocery: Ambridge, PA — 519 2,985 — 3,504 240 11/5/2013 2012 Brownsville Plaza: Baldwin, PA — 627 2,702 — 3,329 228 2/28/2014 2012 Bryan Crossing: Kodak, TN 4,958 863 6,523 — 7,386 408 9/9/2014 2008 Buffalo Wild Wings: Idaho Falls, ID (g) 712 1,336 — 2,048 83 7/29/2014 2008 Warrenville, IL (g) 1,208 1,420 — 2,628 180 3/28/2013 2004 Woodridge, IL (g) 1,139 1,484 — 2,623 187 3/28/2013 2005 Caliber Collision Center: Frisco, TX (g) 1,484 2,038 — 3,522 134 9/16/2014 2014 Las Cruces, NM (g) 673 1,949 — 2,622 138 3/21/2014 2014 Midwest City, OK (g) 259 1,165 — 1,424 87 2/21/2014 2013 Denver, CO (g) 855 658 — 1,513 43 6/25/2014 1975 San Antonio, TX (g) 622 832 — 1,454 54 6/4/2014 2014 Wylie, TX (g) 816 2,690 — 3,506 145 2/10/2015 2014 Canton Marketplace: Canton, GA 32,000 8,310 48,667 930 57,907 6,058 3/28/2013 2009 Carlisle Crossing: Carlisle, PA — 4,491 15,817 — 20,308 1,218 9/18/2014 2006 Canarsie Plaza: Brooklyn, NY 75,000 37,970 71,267 790 110,027 7,334 12/5/2012 2011 Initial Costs to Company Gross Amount at Buildings, Total Which Carried Accumulated Fixtures and Adjustment At December 31, 2016 Depreciation Date Date Description (a) Encumbrances Land Improvements to Basis (b) (c) (d) (e) Acquired Constructed Century Plaza: Orlando, FL (g) $ 3,094 $ 6,178 $ 731 $ 10,003 $ 602 7/21/2014 2008 Chase: Hanover Township, NJ (g) 2,192 — — 2,192 — 12/18/2013 2012 Chestnut Square: Brevard, NC $ 3,727 425 5,037 6 5,468 492 6/7/2013 2008 Chili’s: Forest City, NC (g) 233 1,936 — 2,169 112 9/3/2014 2003 Coosa Town Center: Gadsden, AL (g) 3,246 7,799 — 11,045 702 12/20/2013 2004 Cost Plus World Market: Kansas City, MO (g) 1,378 2,396 — 3,774 359 11/13/2012 2001 Costco: Tallahassee, FL 5,146 9,497 — — 9,497 — 12/11/2012 2006 Cottonwood Commons: Albuquerque, NM 19,250 4,986 28,881 84 33,951 2,640 7/19/2013 2013 Coventry Crossing: Coventry, RI 6,000 3,462 5,899 43 9,404 563 9/12/2013 2008 Crosspoint: Hagerstown, MD (g) 12,285 14,359 (1,086 ) 25,558 1,096 9/30/2014 2000 Crossroads Annex: Lafayette, LA — 1,659 7,091 — 8,750 618 12/4/2013 2013 Crossroads Commons: Plover, WI (g) 1,000 4,515 75 5,590 460 12/10/2013 2012 CVS: Arnold, MO (g) 2,043 2,367 — 4,410 185 12/13/2013 2013 Asheville, NC (g) 1,108 1,084 — 2,192 134 4/26/2012 1998 Austin, TX (g) 1,076 3,475 — 4,551 270 12/13/2013 2013 Bainbridge, GA (g) 444 1,682 47 2,173 202 6/27/2012 1998 Bloomington, IN (g) 1,620 2,957 — 4,577 232 12/13/2013 2012 Blue Springs, MO (g) 395 2,722 — 3,117 213 12/13/2013 2013 Bridgeton, MO (g) 2,056 2,362 — 4,418 185 12/13/2013 2013 Cartersville, GA (g) 2,547 — — 2,547 — 10/22/2012 2009 Charleston, SC (g) 869 1,009 — 1,878 125 4/26/2012 1998 Chesapeake, VA (g) 1,044 3,053 — 4,097 244 12/13/2013 2013 Chicago, IL (g) 1,832 4,255 — 6,087 403 3/20/2013 2008 Cicero, IN (g) 487 3,099 — 3,586 242 12/13/2013 2013 Corpus Christi, TX (g) 648 2,557 — 3,205 306 4/19/2012 1998 Danville, IN (g) 424 2,105 — 2,529 140 7/16/2014 1998 Eminence, KY (g) 872 2,511 — 3,383 194 12/13/2013 2013 Florence, AL 1,735 1,030 1,446 — 2,476 143 3/27/2013 2000 Goose Creek, SC (g) 1,022 1,980 — 3,002 153 12/13/2013 2013 Greenwood, IN (g) 912 3,549 — 4,461 309 7/11/2013 1999 Hanover Township, NJ (g) 4,746 — — 4,746 — 12/18/2013 2012 Hazlet, NJ (g) 3,047 3,610 — 6,657 281 12/13/2013 2013 Honesdale, PA (g) 1,206 3,342 — 4,548 268 12/13/2013 2013 Independence, MO (g) 359 2,242 — 2,601 176 12/13/2013 2013 Initial Costs to Company Gross Amount at Buildings, Total Which Carried Accumulated Fixtures and Adjustment At December 31, 2016 Depreciation Date Date Description (a) Encumbrances Land Improvements to Basis (b) (c) (d) (e) Acquired Constructed CVS (continued): Indianapolis, IN (g) $ 1,110 $ 2,484 $ — $ 3,594 $ 194 12/13/2013 2013 Irving, TX (g) 745 3,034 — 3,779 328 10/5/2012 2000 Jacksonville, FL (g) 2,182 3,817 — 5,999 242 7/16/2014 2004 Janesville, WI (g) 736 2,545 — 3,281 199 12/13/2013 2013 Katy, TX (g) 1,149 2,462 — 3,611 188 12/13/2013 2013 Lincoln, NE (g) 2,534 3,014 — 5,548 235 12/13/2013 2013 London, KY (g) 1,445 2,661 — 4,106 225 9/10/2013 2013 Middletown, NY (g) 665 5,483 — 6,148 423 12/13/2013 2013 North Wilkesboro, NC (g) 332 2,369 — 2,701 192 10/25/2013 1999 Poplar Bluff, MO (g) 1,861 2,211 — 4,072 174 12/13/2013 2013 Salem, NH (g) 3,456 2,351 — 5,807 185 11/18/2013 2013 San Antonio, TX (g) 1,893 1,848 — 3,741 146 12/13/2013 2013 Sand Springs, OK (g) 1,765 2,283 — 4,048 180 12/13/2013 2013 Santa Fe, NM (g) 2,243 4,619 — 6,862 355 12/13/2013 2013 Sedalia, MO (g) 466 2,318 — 2,784 182 12/13/2013 2013 St. John, MO (g) 1,546 2,601 — 4,147 203 12/13/2013 2013 Temple Hills, MD (g) 1,817 2,989 — 4,806 249 9/30/2013 2001 Vineland, NJ (g) 813 2,926 — 3,739 236 12/13/2013 2010 Waynesboro, VA (g) 986 2,708 — 3,694 212 12/13/2013 2013 West Monroe, LA (g) 1,738 2,136 — 3,874 168 12/13/2013 2013 Darien Towne Center: Darien, IL $ 12,200 6,718 11,951 900 19,569 1,350 12/17/2013 1994 DaVita: Riverview, MI (g) 199 2,322 — 2,521 168 9/4/2014 2012 Decatur Commons: Decatur, AL 7,000 2,478 9,333 739 12,550 892 7/10/2013 2004 Deltona Commons: Deltona, FL 4,767 1,424 7,760 — 9,184 711 6/18/2013 2007 Dick’s PetSmart Center: Oshkosh, WI (g) 1,445 6,599 — 8,044 65 9/23/2016 2015 Dick’s Sporting Goods: Oklahoma City, OK (g) 1,198 7,838 — 9,036 905 12/21/2012 2012 Oklahoma City, OK 5,858 685 10,587 — 11,272 1,192 12/31/2012 2012 Dollar General: Abbeville, AL (g) 294 1,302 — 1,596 78 10/3/2014 2014 Akron, AL (g) 69 771 — 840 71 8/6/2013 2013 Akron, OH (g) 112 1,099 — 1,211 97 11/1/2013 2013 Alliance, NE (g) 97 812 — 909 88 4/9/2013 2013 Alton, TX (g) 94 922 — 1,016 57 9/5/2014 2014 Arapahoe, NE (g) 44 873 — 917 54 9/5/2014 2014 Asheville, NC (g) 379 753 — 1,132 79 6/17/2013 2013 Ashville, AL 666 255 678 — 933 83 12/21/2012 2012 Atmore, AL (g) 243 858 — 1,101 67 2/25/2014 2014 Bainbridge, OH (g) 106 1,175 — 1,281 113 9/13/2013 2013 Initial Costs to Company Gross Amount at Buildings, Total Which Carried Accumulated Fixtures and Adjustment At December 31, 2016 Depreciation Date Date Description (a) Encumbrances Land Improvements to Basis (b) (c) (d) (e) Acquired Constructed Dollar General (continued): Belle, MO (g) $ 51 $ 880 $ — $ 931 $ 55 9/5/2014 2014 Berry, AL (g) 104 1,196 — 1,300 74 9/26/2014 2014 Bessemer, AL (g) 142 941 — 1,083 84 9/27/2013 2013 Bloomfield, NE (g) 50 845 — 895 47 12/16/2014 2014 Blue Rapids, KS (g) 52 880 — 932 53 10/22/2014 2014 Bluefield, WV (g) 337 686 — 1,023 40 10/15/2014 2014 Bokchito, OK (g) 59 859 — 918 97 2/27/2013 2013 Botkins, OH (g) 130 991 — 1,121 93 9/27/2013 2013 Brandon, SD (g) 292 871 — 1,163 52 10/31/2014 2014 Breaux Bridge, LA $ 840 225 1,007 — 1,232 112 11/30/2012 2012 Broken Bow, NE (g) 91 878 — 969 71 11/1/2013 2013 Brownsville, TX 822 264 943 — 1,207 99 11/30/2012 2012 Buffalo, NY (g) 122 1,099 — 1,221 60 12/5/2014 2014 Clay, AL 792 305 768 — 1,073 89 2/8/2013 2012 Cleveland, TX 684 158 856 — 1,014 90 11/30/2012 2012 Columbus, OH (g) 279 1,248 — 1,527 110 11/7/2013 2013 Conroe, TX 756 167 946 — 1,113 99 12/18/2012 2012 Crystal Springs, MS (g) 463 3,027 — 3,490 190 8/6/2014 2013 Cullman, AL (g) 159 824 — 983 53 8/4/2014 2014 Decatur, IL (g) 133 986 — 1,119 65 6/18/2014 2014 Decatur, IL (g) 219 964 — 1,183 58 9/8/2014 2014 Delcambre, LA (g) 169 1,025 — 1,194 90 9/27/2013 2013 Delhi, LA (g) 301 1,033 — 1,334 93 8/9/2013 2013 Deridder, LA (g) 135 923 — 1,058 81 9/27/2013 2013 Deridder, LA (g) 176 905 — 1,081 82 8/9/2013 2013 Des Moines, IA (g) 166 943 — 1,109 86 8/9/2013 2012 Dora, AL (g) 124 935 — 1,059 58 9/26/2014 2014 Dundee, MI (g) 296 1,047 — 1,343 84 11/26/2013 2013 Edinburg, TX (g) 146 809 — 955 54 7/31/2014 2014 Eight Mile, AL (g) 110 865 — 975 60 6/23/2014 2014 Elk Point, SD (g) 97 839 — 936 53 9/22/2014 2014 Ellerslie, GA (g) 247 797 — 1,044 59 4/17/2014 2014 Eufaula, AL (g) 300 930 — 1,230 62 7/22/2014 2014 Farmington, NM (g) 175 919 — 1,094 57 9/5/2014 2014 Fort Valley, GA (g) 514 2,436 — 2,950 241 7/9/2013 2013 Fred, TX (g) 93 929 — 1,022 76 12/19/2013 2013 Fruitport, MI (g) 100 968 — 1,068 63 6/25/2014 2014 Geneva, AL 738 204 815 — 1,019 98 12/21/2012 2012 Geraldine, AL (g) 220 1,146 — 1,366 82 5/30/2014 2014 Greenwell Springs, LA 870 444 841 — 1,285 95 11/30/2012 2012 Groveport, OH 822 416 813 — 1,229 90 3/15/2013 2013 Hamilton, AL (g) 208 1,024 — 1,232 61 10/16/2014 2014 Hanceville, AL 2,029 1,232 1,488 — 2,720 189 11/21/2012 2012 Initial Costs to Company Gross Amount at Buildings, Total Which Carried Accumulated Fixtures and Adjustment At December 31, 2016 Depreciation Date Date Description (a) Encumbrances Land Improvements to Basis (b) (c) (d) (e) Acquired Constructed Dollar General (continued): Harlingen, TX (g) $ 144 $ 853 $ — $ 997 $ 59 6/20/2014 2014 Harvest, AL $ 684 261 691 — 952 84 12/21/2012 2012 Harviell, MO (g) 50 818 — 868 62 3/31/2014 2014 Hastings, NE (g) 177 850 — 1,027 51 10/22/2014 2014 Hayneville, AL (g) 249 1,181 — 1,430 77 8/15/2014 2014 Hillsboro, OH (g) 262 956 — 1,218 56 9/25/2014 2014 Hinton, WV (g) 199 1,367 — 1,566 83 8/18/2014 2014 Homeworth, OH (g) 110 1,057 — 1,167 87 10/18/2013 2013 Houston, TX 966 311 1,102 — 1,413 115 12/18/2012 2012 Houston, TX (g) 255 1,393 — 1,648 116 10/18/2013 2013 Huntsville, AL 768 177 847 — 1,024 101 12/21/2012 2012 Independence, MO 828 170 1,072 — 1,242 117 12/18/2012 2012 Kansas City, MO (g) 283 1,068 — 1,351 92 10/18/2013 2013 Kansas City, MO (g) 233 1,054 — 1,287 89 11/1/2013 2013 Kasson, MN (g) 138 888 — 1,026 61 8/15/2014 2014 Kearney, NE (g) 141 851 — 992 72 11/20/2013 2013 Kinston, AL 642 170 718 — 888 87 12/21/2012 2012 Kolona, IA (g) 81 868 — 949 56 8/15/2014 2014 Lake Charles, LA (g) 146 989 — 1,135 89 8/9/2013 2013 Lamesa, TX (g) 75 803 — 878 54 7/31/2014 2014 Lansing, MI (g) 232 939 — 1,171 61 6/25/2014 2014 Lebanon, TN (g) 177 882 — 1,059 58 6/30/2014 2012 Leicester, NC (g) 134 800 — 934 78 6/17/2013 2013 Lima, OH 810 156 1,040 — 1,196 110 11/30/2012 2012 Linden, AL (g) 317 746 — 1,063 71 7/11/2013 2013 Lone Jack, MO (g) 152 960 — 1,112 68 5/16/2014 2014 Los Fresnos, TX (g) 55 867 — 922 54 9/19/2014 2014 Los Lunas, NM (g) 113 857 — 970 61 5/14/2014 2014 Louisburg, KS (g) 324 936 — 1,260 65 6/25/2014 2014 Loveland, OH (g) 241 1,065 — 1,306 93 12/12/2013 2013 Lubbock, TX 744 468 641 — 1,109 72 12/18/2012 2012 Manhattan, KS (g) 194 921 — 1,115 78 11/20/2013 2013 Mansfield, OH (g) 72 1,226 — 1,298 95 12/12/2013 2013 Maple Lake, MN (g) 92 893 — 985 57 10/10/2014 2014 Maynardville, TN 750 238 754 — 992 94 11/30/2012 2012 Millbrook, AL (g) 320 1,175 — 1,495 78 7/22/2014 2014 Mission, TX (g) 182 858 — 1,040 53 9/5/2014 2014 Mobile, AL (g) 139 1,005 — 1,144 88 10/18/2013 2013 Mobile, AL (g) 410 1,059 — 1,469 103 6/17/2013 2013 Monroeville, OH (g) 131 1,069 — 1,200 88 10/4/2013 2013 Montgomery, AL (g) 140 909 — 1,049 54 10/24/2014 2014 Moose Lake, MN (g) 140 937 — 1,077 59 10/10/2014 2014 Initial Costs to Company Gross Amount at Buildings, Total Which Carried Accumulated Fixtures and Adjustment At December 31, 2016 Depreciation Date Date Description (a) Encumbrances Land Improvements to Basis (b) (c) (d) (e) Acquired Constructed Dollar General (continued): Moroa, IL (g) $ 111 $ 921 $ — $ 1,032 $ 61 6/26/2014 2014 Mt. Vernon, IL (g) 177 985 — 1,162 67 5/30/2014 2014 Nashville, GA $ 2,088 215 2,533 — 2,748 275 3/1/2013 2013 Nashville, MI (g) 103 1,255 — 1,358 93 1/24/2014 2013 Navarre, OH (g) 153 1,005 — 1,158 85 9/27/2013 2013 Neoga, IL (g) 94 860 — 954 53 8/8/2014 2010 Ness City, KS (g) 21 860 — 881 66 3/20/2014 2014 New Philadelphia, OH (g) 129 1,100 — 1,229 93 9/27/2013 2013 New Washington, OH (g) 99 975 — 1,074 92 9/13/2013 2013 Newark, OH 792 222 946 — 1,168 104 3/15/2013 2013 Nitro, WV (g) 451 1,034 — 1,485 67 6/30/2014 2013 Nixa, MO (g) 235 806 — 1,041 60 4/3/2014 2014 North Lewisburg, OH (g) 59 1,008 — 1,067 90 11/22/2013 2013 Onawa, IA (g) 176 842 — 1,018 58 6/26/2014 2014 Opelousas, LA (g) 92 947 — 1,039 81 10/4/2013 2013 Ortonville, MN (g) 113 907 — 1,020 60 9/5/2014 2014 Osceola, NE (g) 194 835 — 1,029 39 4/2/2015 2014 Oxford, AL (g) 465 783 — 1,248 69 10/18/2013 2013 Palestine, IL (g) 155 893 — 1,048 59 6/26/2014 2014 Parchment, MI (g) 168 1,162 — 1,330 75 6/25/2014 2014 Park Hill, OK (g) 91 887 — 978 95 1/4/2013 2012 Parsons, TN (g) 166 1,136 — 1,302 77 7/16/2014 2013 Phenix City, AL (g) 331 718 — 1,049 70 6/17/2013 2013 Piedmont, AL 1,980 1,037 1,579 — 2,616 201 11/21/2012 2012 Pike Road, AL (g) 477 772 — 1,249 71 8/21/2013 2013 Plain City, OH (g) 187 1,097 — 1,284 88 11/26/2013 2013 Port Clinton, OH (g) 120 1,070 — 1,190 86 11/22/2013 2013 Princeton, MO (g) 155 1,159 — 1,314 69 10/10/2014 2014 Pueblo, CO (g) 144 909 — 1,053 93 1/4/2013 2012 Ragley, LA (g) 196 877 — 1,073 80 8/9/2013 2013 Rainsville, AL (g) 290 1,267 — 1,557 81 8/13/2014 2014 Ravenna, MI (g) 199 958 — 1,157 71 1/24/2014 2013 Rayne, LA 702 125 910 — 1,035 100 12/18/2012 2012 Roanoke, IL (g) 93 846 — 939 58 5/16/2014 2014 Romney, IN (g) 87 827 — 914 52 7/7/2014 2011 Romulus, MI (g) 274 1,171 — 1,445 84 3/7/2014 2013 Russell, KS (g) 54 899 — 953 58 8/5/2014 2014 San Antonio, TX (g) 295 743 — 1,038 54 7/31/2014 2014 San Carlos, TX (g) 70 1,063 — 1,133 72 6/20/2014 2014 Seale, AL (g) 259 767 — 1,026 68 10/28/2013 2013 Seminole, AL (g) 175 829 — 1,004 78 7/15/2013 2013 Shelby, MI (g) 128 1,033 — 1,161 76 1/24/2014 2013 Slocomb, AL (g) 124 918 — 1,042 71 2/25/2014 2014 Snead, AL (g) 126 1,137 — 1,263 71 9/26/2014 2014 Initial Costs to Company Gross Amount at Buildings, Total Which Carried Accumulated Fixtures and Adjustment At December 31, 2016 Depreciation Date Date Description (a) Encumbrances Land Improvements to Basis (b) (c) (d) (e) Acquired Constructed Dollar General (continued): South Bay, FL (g) $ 258 $ 1,262 $ — $ 1,520 $ 86 5/7/2014 2013 Spring, TX (g) 277 1,132 — 1,409 96 9/30/2013 2013 Springfield, IL (g) 205 934 — 1,139 56 9/17/2014 2014 Springfield, MO (g) 171 810 — 981 54 7/14/2014 2014 Springfield, NE (g) 172 864 — 1,036 61 5/12/2014 2014 Springfield, OH (g) 125 1,000 — 1,125 88 9/27/2013 2013 St. Louis, MO (g) 229 1,102 — 1,331 89 12/31/2013 2013 St. Louis, MO (g) 240 1,118 — 1,358 88 1/15/2014 2013 Superior, NE (g) 230 917 — 1,147 77 11/26/2013 2013 Temple, GA (g) 200 917 — 1,117 90 5/15/2013 2013 Theodore, AL (g) 248 763 — 1,011 76 5/15/2013 2013 Thibodaux, LA (g) 211 1,083 — 1,294 95 9/27/2013 2013 Toney, AL $ 642 86 792 — 878 90 3/21/2013 2012 Topeka, KS (g) 159 873 — 1,032 45 2/25/2015 2014 Urbana, OH (g) 133 1,051 — 1,184 75 5/29/2014 2013 Volga, SD (g) 51 784 — 835 49 9/5/2014 2014 Waco, TX (g) 26 922 — 948 68 6/20/2014 2014 Wagener, SC (g) 477 1,169 — 1,646 69 9/16/2014 2014 Wakefield, KS (g) 78 929 — 1,007 83 9/30/2013 2013 Waterloo, IA (g) 330 908 — 1,238 52 11/5/2014 2014 Weslaco, TX (g) 141 848 — 989 52 9/5/2014 2014 Weston, MO (g) 117 1,012 — 1,129 94 7/17/2013 2013 Wetumpka, AL (g) 290 779 — 1,069 56 5/29/2014 2014 Whitehouse, OH (g) 134 1,144 — 1,278 94 10/18/2013 2013 Whitwell, TN 870 159 1,035 — 1,194 128 11/30/2012 2012 Wilmer, AL (g) 99 775 — 874 72 8/5/2013 2013 Winsted, MN (g) 152 841 — 993 56 9/29/2014 2014 Wisner, NE (g) 37 773 — 810 55 5/12/2014 2014 Woodville, OH 786 169 1,009 — 1,178 112 2/8/2013 2013 Yatesville, GA 666 120 797 — 917 90 3/25/2013 2013 Dollar Tree/Petco: Humble, TX (g) 720 2,543 — 3,263 268 2/11/2013 2011 Earth Fare: Huntersville, NC 3,183 1,439 2,973 — 4,412 322 2/28/2013 2011 East Manchester Village Center: Manchester, PA 8,300 2,517 12,672 183 15,372 1,074 12/19/2013 2009 East West Commons: Austell, GA 13,000 10,094 16,034 628 26,756 1,156 9/30/2014 2002 Emerald Place: Greenwood, SC 6,250 2,042 9,942 — 11,984 942 6/28/2013 2012 Evergreen Marketplace: Evergreen Park, IL (g) 2,823 6,239 — 9,062 671 9/6/2013 2013 Initial Costs to Company Gross Amount at Buildings, Total Which Carried Accumulated Fixtures and Adjustment At December 31, 2016 Depreciation Date Date Description (a) Encumbrances Land Improvements to Basis (b) (c) (d) (e) Acquired Constructed Family Center: Riverdale, UT (g) $ 21,716 $ 29,454 $ (741 ) $ 50,429 $ 2,610 2/28/2014 2008 Family Dollar: Aberdeen, ID (g) 101 1,054 — 1,155 62 10/24/2014 2014 Adelanto, GA (g) 463 1,711 — 2,174 95 11/14/2014 2014 Aguila, AZ (g) 129 1,290 — 1,419 62 2/13/2015 2014 Albany, GA (g) 347 925 — 1,272 52 11/7/2014 2014 Apple Springs, TX (g) 91 804 — 895 46 11/14/2014 2014 Arkadelphia, AR (g) 113 738 — 851 36 2/12/2015 2014 Auburn, ME (g) 217 1,261 — 1,478 64 4/15/2015 2014 Bagley, MN (g) 95 1,114 — 1,209 80 6/27/2014 2014 Benavides, TX (g) 27 1,065 — 1,092 87 2/26/2014 2013 Berry, AL (g) 122 880 — 1,002 50 11/14/2014 2014 Bessemer, AL (g) 201 1,043 — 1,244 85 12/27/2013 2013 Broadway, VA (g) 213 1,153 — 1,366 68 11/7/2014 2014 Birmingham, AL (g) 500 831 — 1,331 69 12/27/2013 2013 Brooksville, FL (g) 206 791 — 997 65 12/18/2013 2013 Burkeville, TX (g) 54 900 — 954 60 9/30/2014 2014 Cascade, ID (g) 267 1,147 — 1,414 82 2/4/2014 2013 Cass Lake, MN (g) 157 1,107 — 1,264 79 6/27/2014 2013 Cathedral City, CA (g) 658 1,908 — 2,566 115 9/19/2014 2014 Charlotte, TX (g) 118 970 — 1,088 80 2/26/2014 2014 Cheyenne, WY (g) 148 986 — 1,134 71 4/23/2014 2014 Coachella, CA (g) 450 1,634 — 2,084 123 2/19/2014 2013 Cocoa, FL (g) 370 1,092 — 1,462 66 9/26/2014 2014 Colmesneil, TX (g) 172 858 — 1,030 62 2/4/2014 2013 Columbia, SC (g) 294 824 — 1,118 49 10/24/2014 2014 Columbia, SC (g) 332 1,044 — 1,376 60 10/24/2014 2014 Comanche, TX (g) 176 1,145 — 1,321 72 8/6/2014 2014 Cordes Lakes, AZ (g) 380 1,421 — 1,801 83 9/19/2014 2014 Davenport, FL (g) 298 964 — 1,262 52 12/5/2014 2014 Davenport, IA (g) 167 918 — 1,085 52 11/25/2014 2014 Dawson, TX (g) 41 799 — 840 46 11/14/2014 2014 Deadwood, SD (g) 132 1,139 — 1,271 68 9/18/2014 2014 Des Moines, IA (g) 290 1,126 — 1,416 63 11/25/2014 2014 East Millinocket, ME (g) 161 1,004 — 1,165 58 2/26/2015 2014 Eden, TX (g) 82 903 — 985 70 2/26/2014 2013 Elizabethtown, NY (g) 107 671 — 778 50 1/31/2014 2008 Eloy, AZ (g) 86 1,587 — 1,673 89 10/24/2014 2014 Empire, CA (g) 239 1,527 — 1,766 102 6/27/2014 2014 Erwinville, LA (g) 146 765 — 911 32 7/7/2015 2015 Evans, CO (g) 201 817 — 1,018 48 9/29/2014 2014 Findlay, OH (g) 326 1,271 — 1,597 102 2/26/2014 2013 Folsom, LA (g) 325 788 — 1,113 48 9/30/2014 2014 Initial Costs to Company Gross Amount at Buildings, Total Which Carried Accumulated Fixtures and Adjustment At December 31, 2016 Depreciation Date Date Description (a) Encumbrances Land Improvements to Basis (b) (c) (d) (e) Acquired Constructed Family Dollar (continued): Ft. Lauderdale, FL (g) $ 443 $ 1,361 $ — $ 1,804 $ 106 12/18/2013 2013 Fort Thomas, AZ (g) 49 1,173 — 1,222 86 2/26/2014 2013 Fort Wayne, IN (g) 258 1,096 — 1,354 55 3/6/2015 2014 Fort Worth, TX (g) 532 1,346 — 1,878 82 9/5/2014 2014 Franklin, NH (g) 307 1,214 — 1,521 44 10/15/2015 2014 Frederica, DE (g) 392 1,164 — 1,556 54 3/6/2015 2014 Freeport, OH (g) 322 959 — 1,281 51 2/20/2015 2014 Fresno, CA (g) 488 1,553 — 2,041 118 2/19/2014 2013 Garrison, TX (g) 61 1,306 — 1,367 68 12/18/2014 2014 Georgetown, KY (g) 607 905 — 1,512 52 11/21/2014 2014 Gering, NE (g) 244 913 — 1,157 56 9/26/2014 2014 Greene, ME (g) 251 940 — 1,191 53 3/25/2015 2014 Greenwood, WI (g) 154 920 — 1,074 61 6/27/2014 2013 Harrisonburg, VA (g) 229 1,073 — 1,302 61 12/12/2014 2014 Hawkins, TX (g) 49 1,288 — 1,337 79 9/5/2014 2014 Hempstead, TX (g) 219 943 — 1,162 50 12/18/2014 2014 Hettinger, ND (g) 214 1,077 — 1,291 88 2/26/2014 2013 Hodgenville, KY (g) 202 783 — 985 49 9/19/2014 2014 Holtville, CA (g) 317 1,609 — 1,926 121 2/19/2014 2013 Homestead, FL (g) 575 1,470 — 2,045 42 12/9/2015 2014 Homosassa, FL (g) 325 1,001 — 1,326 54 12/12/2014 2014 Immokalee, FL (g) 458 1,248 — 1,706 73 11/4/2014 2014 Indianapolis, IN (g) 238 1,117 — 1,355 66 11/21/2014 2014 Indio, CA (g) 393 1,636 — 2,029 108 6/25/2014 2014 Irvington, AL (g) 217 814 — 1,031 68 12/27/2013 2013 Jacksonville, FL (g) 134 1,157 — 1,291 65 11/7/2014 2014 Jay, FL (g) 190 1,002 — 1,192 82 2/25/2014 2013 Jonesboro, GA (g) 297 1,098 — 1,395 85 2/14/2014 2013 Keller, TX (g) 749 1,550 — 2,299 111 4/14/2014 2014 Kersey, CO (g) 238 904 — 1,142 64 5/29/2014 2014 Kiowa, OK (g) 193 947 — 1,140 59 9/5/2014 2014 Kissimmee, FL (g) 622 1,226 — 1,848 78 8/27/2014 2014 La Salle, CO (g) 239 890 — 1,129 51 11/4/2014 2013 LaBelle, FL (g) 268 1,037 — 1,305 83 2/28/2014 2014 Lake Elsinor, CA (g) 417 1,682 — 2,099 123 3/3/2014 2013 Lakeland, FL (g) 353 937 — 1,290 65 6/30/2014 2014 Laredo, TX (g) 302 1,039 — 1,341 61 10/3/2014 2013 Levelland, TX (g) 264 952 — 1,216 59 9/30/2014 2014 Little Rock, CA (g) 499 1,730 — 2,229 85 2/19/2015 2014 Lorain, OH (g) 320 995 — 1,315 68 6/27/2014 2014 Louisville, KY (g) 578 919 — 1,497 69 3/26/2014 2013 Louisville, KY (g) 480 934 — 1,414 64 6/4/2014 2014 Mahanoy City, PA (g) 209 1,112 — 1,321 54 2/20/2015 2015 Mansfield, TX (g) 849 1,189 — 2,038 91 2/26/2014 2013 Initial Costs to Company Gross Amount at Buildings, Total Which Carried Accumulated Fixtures and Adjustment At December 31, 2016 Depreciation Date Date Description (a) Encumbrances Land Improvements to Basis (b) (c) (d) (e) Acquired Constructed Family Dollar (continued): Melbourne, FL (g) $ 362 $ 883 $ — $ 1,245 $ 68 2/28/2014 2014 Melrose, FL (g) 124 929 — 1,053 57 9/10/2014 2014 Mertzon, TX (g) 149 995 — 1,144 66 9/19/2014 2014 Mesa, AZ (g) 627 1,468 — 2,095 104 3/31/2014 2014 Miami, FL (g) 584 1,490 — 2,074 70 2/25/2015 2014 Milo, ME (g) 138 1,122 — 1,260 61 3/19/2015 2014 Monroe, UT (g) 272 985 — 1,257 58 10/24/2014 2013 Moore Haven, FL (g) 348 1,016 — 1,364 75 5/29/2014 2014 Moulton, TX (g) 102 973 — 1,075 80 2/26/2014 2014 Naubinway, MI (g) 47 1,180 — 1,227 85 2/4/2014 2013 New Ellenton, SC (g) 160 800 — 960 44 12/12/2014 2014 New Summerfield, TX (g) 230 851 — 1,081 58 6/6/2014 2014 Nicholasville, KY (g) 464 826 — 1,290 62 3/26/2014 2013 North Charleston, SC (g) 386 997 — 1,383 56 11/14/2014 2014 North Hampton, OH (g) 200 867 — 1,067 46 2/27/2015 2014 Ocoee, FL (g) 462 1,173 — 1,635 66 11/21/2014 2014 Omaha, NE (g) 86 1,427 — 1,513 67 3/2/2015 2014 Ordway, CO (g) 81 993 — 1,074 59 10/30/2014 2014 Oshkosh, WI (g) 361 815 — 1,176 63 2/25/2014 2013 Ossineke, MI (g) 85 898 — 983 63 3/14/2014 2014 Palmdale, CA (g) 372 1,822 — 2,194 85 3/30/2015 2014 Penitas, TX (g) 182 1,053 — 1,235 79 3/26/2014 2014 Pensacola, FL (g) 509 791 — 1,300 60 3/27/2014 2014 Pine Lake, GA (g) 639 897 — 1,536 58 8/26/2014 2014 Pittsfield, ME (g) 334 1,258 — 1,592 53 8/12/2015 2014 Plainview, NE (g) 112 774 — 886 57 4/25/2014 2014 Poinciana, FL (g) 501 1,186 — 1,687 72 9/19/2014 2014 Pojoaque, NM (g) 545 909 — 1,454 56 8/25/2014 2013 Posen, MI (g) 101 896 — 997 63 3/14/2014 2014 Preston, MN (g) 161 1,159 — 1,320 83 6/27/2014 2014 Punta Gorda, FL (g) 345 1,018 — 1,363 28 12/17/2015 2014 Radium Springs, NM (g) 129 1,086 — 1,215 83 2/26/2014 2013 Ramah, NM (g) 217 1,105 — 1,322 79 2/4/2014 2013 Rex, GA (g) 294 1,393 — 1,687 78 11/7/2014 2014 Richmond, ME (g) 252 1,026 — 1,278 57 3/25/2015 2014 Riverside, CA (g) 736 1,558 — 2,294 110 4/4/2014 2014 Robert Lee, TX (g) 94 904 — 998 70 2/26/2014 2014 Rushford, MN (g) 163 844 — 1,007 62 6/27/2014 2014 Saginaw, MI (g) 240 956 — 1,196 57 10/30/2014 2014 San Antonio, TX (g) 357 966 — 1,323 63 9/30/2014 2014 San Antonio, TX (g) 421 951 — 1,372 58 11/14/2014 2014 San Jacinto, CA (g) 430 1,682 — 2,112 108 7/18/2014 2014 Schuyler, NE (g) 260 708 — 968 51 5/5/2014 2014 Shreveport, LA (g) 406 978 — 1,384 69 5/29/2014 2014 Initial Costs to Company Gross Amount at Buildings, Total Which Carried Accumulated Fixtures and Adjustment At December 31, 2016 Depreciation Date Date Description (a) Encumbrances Land Improvements to Basis (b) (c) (d) (e) Acquired Constructed Family Dollar (continued): Shreveport, LA (g) $ 272 $ 1,113 $ — $ 1,385 $ 73 7/22/2014 2014 Shreveport, LA (g) 423 1,099 — 1,522 64 10/8/2014 2014 South Paris, ME (g) 173 1,240 — 1,413 70 2/25/2015 2014 Spring Hill, FL (g) 278 1,249 — 1,527 34 12/4/2015 2015 Spurger, TX (g) 86 905 — 991 57 9/18/2014 2014 Statesboro, GA (g) 347 800 — 1,147 63 2/14/2014 2013 Sterling City, TX (g) 78 889 — 967 69 2/26/2014 2013 Stockton, CA (g) 202 1,817 — 2,019 108 9/19/2014 2014 Summerfield, FL (g) 271 978 — 1,249 53 12/12/2014 2014 Tallahassee, FL (g) 189 1,212 — 1,401 68 11/21/2014 2014 Taft, CA (g) 255 1,422 — 1,677 126 8/23/2013 2013 Tampa, FL (g) 563 737 — 1,300 61 12/18/2013 2013 Tampa, FL (g) 482 920 — 1,402 75 12/18/2013 2013 Tampa, FL (g) 568 1,137 — 1,705 77 7/2/2014 2014 Terra Bella, CA (g) 332 1,394 — 1,726 105 2/19/2014 2013 Topeka, KS (g) 419 1,327 — 1,746 95 4/17/2014 2014 Tucson, AZ (g) 399 1,599 — 1,998 82 1/27/2015 2014 Tyler, MN (g) 73 895 — 968 65 6/27/2014 2014 Tuscaloosa, AL (g) 534 817 — 1,351 68 12/27/2013 2013 Valdosta, GA (g) 424 849 — 1,273 66 2/26/2014 2014 Vine Grove, KY (g) 205 966 — 1,171 49 2/13/2015 2014 Waelder, TX (g) 136 788 — 924 55 6/4/2014 2014 Waldoboro, ME (g) 211 1,123 — 1,334 33 1/13/2016 2015 Walker, LA (g) 294 966 — 1,260 59 9/30/2014 2014 Wayne, OK (g) 37 937 — 974 65 6/27/2014 2014 Waynesburg, KY (g) 150 955 — 1,105 56 10/10/2014 2014 Wild Rose, WI (g) 133 866 — 999 58 6/27/2014 2013 Fargo Plaza: Fargo, ND (g) 2,097 4,774 376 7,247 580 5/30/2013 2003 Fleet Pride: Birmingham, AL (g) 376 2,607 — 2,983 127 8/3/2015 2014 Flower Foods: Orlando, FL (g) 418 387 — 805 23 9/11/2014 2013 Waldorf, MD (g) 398 1,045 — 1,443 71 9/11/2014 2013 Food 4 Less: Atwater, CA (g) 1,383 5,271 — 6,654 469 11/27/2013 2002 Fourth Creek Landing: Statesville, NC $ 5,700 1,375 7,795 — 9,170 1,010 3/26/2013 2012 Fresenius Medical Care: West Plains, MI (g) 557 3,097 — 3,654 198 7/2/2014 2014 Fresh Market Center: Glen Ellyn, IL 4,750 2,767 6,403 48 9,218 411 9/30/2014 2014 Fresh Thyme: Indianapolis, IN (g) 1,087 6,019 — 7,106 388 10/31/2014 2014 Northville, MI (g) 1,598 7,796 — 9,394 226 12/21/2015 2015 Initial Costs to Company Gross Amount at Buildings, Total Which Carried Accumulated Fixtures and Adjustment At December 31, 2016 Depreciation Date Date Description (a) Encumbrances Land Improvements to Basis (b) (c) (d) (e) Acquired Constructed Fresh Thyme & DSW: Fort Wayne, IN $ — $ 1,740 $ 4,153 $ 218 $ 6,111 $ 282 9/30/2014 1985 Gabe’s Hobby Lobby: Harrisonburg, VA (g) 2,796 7,637 — 10,433 69 9/19/2016 1972 Gander Mountain: Pensacola, FL (g) 2,152 3,831 — 5,983 282 4/29/2014 2014 Waukesha, WI (g) 3,408 12,918 — 16,326 749 9/29/2014 2007 Giant Eagle: Seven Fields, PA 7,530 1,574 13,659 — 15,233 929 5/7/2014 2005 Gold's Gym: Corpus Christi, TX (g) 1,498 6,346 — 7,844 652 3/6/2013 2006 Golden Corral: Garland, TX (g) 1,255 2,435 — 3,690 283 9/21/2012 2012 Georgetown, KY — 1,048 1,452 (1,217 ) 1,283 19 6/11/2014 2004 Houston, TX (g) 1,375 2,350 — 3,725 259 12/12/2012 2012 Victoria, TX (g) 673 2,857 — 3,530 185 6/27/2014 2013 Goodyear: Pooler, GA (g) 569 1,484 — 2,053 152 6/18/2013 2008 Hancock Village: Chesterfield, VA 15,000 8,874 17,287 131 26,292 1,982 5/23/2013 2009 Harbor Town Center: Manitowoc, WI 9,750 3,568 13,209 — 16,777 709 4/24/2015 2005 Haverty Furniture: Midland, TX (g) 709 1,294 — 2,003 176 8/7/2013 2012 HEB Center: Waxahachie, TX 7,000 3,465 7,952 273 11,690 984 6/27/2012 1997 Hickory Flat Commons: Canton, GA 9,850 4,482 13,174 22 17,678 1,503 12/18/2012 2008 Hobby Lobby: Burlington, IA (g) 629 1,890 — 2,519 74 7/30/2015 1988 Dickson City, PA — 1,113 7,946 — 9,059 775 6/30/2014 2013 Lewisville, TX (g) 2,184 8,977 — 11,161 771 11/26/2013 2013 Mooresville, NC (g) 869 4,249 — 5,118 611 11/30/2012 2012 Home Depot: Lincoln, NE (g) 6,339 5,937 — 12,276 193 10/22/2015 1993 North Canton, OH 7,234 2,203 12,012 — 14,215 1,310 12/20/2012 1998 Plainwell, MI (g) 521 11,905 — 12,426 1,099 5/16/2013 2002 IHOP: Anderson, IN (g) 54 1,633 — 1,687 105 6/30/2014 2005 Columbus, OH (g) 408 1,783 — 2,191 114 6/30/2014 2012 Columbus, OH (g) 315 1,864 — 2,179 119 6/30/2014 2011 Lancaster, OH (g) 157 1,497 — 1,654 96 6/30/2014 2009 Rio Rancho, NM (g) 599 2,314 — 2,913 161 3/28/2014 2011 Richmond, IN (g) 106 1,428 — 1,534 92 6/30/2014 2007 Inglewood Plaza: Inglewood, CA 12,700 9,880 14,099 — 23,979 875 9/12/2014 2008 Initial Costs to Company Gross Amount at Buildings, Total Which Carried Accumulated Fixtures and Adjustment At December 31, 2016 Depreciation Date Date Description (a) Encumbrances Land Improvements to Basis (b) (c) (d) (e) Acquired Constructed Kirklands: Dothan, AL (g) $ 486 $ 946 $ — $ 1,432 $ 79 8/5/2014 2014 Jonesboro, AR (g) 696 1,990 — 2,686 205 11/27/2012 2012 Kohl’s: Cedar Falls, IA (g) 1,600 5,796 — 7,396 635 12/7/2012 2001 Chartlottesville, VA $ 8,745 3,929 12,280 — 16,209 783 7/28/2014 2011 Easton, MD (g) 2,962 2,661 — 5,623 69 12/2/2015 1992 Hutchinson, KS (g) 3,290 — — 3,290 — 10/19/2012 (f) Kroger: Shelton, WA (g) 1,180 11,040 — 12,220 868 4/30/2014 1994 Whitehall, OH 4,066 581 6,628 224 7,433 580 12/16/2013 1994 Kum & Go: Bentonville, AR (g) 916 1,864 — 2,780 178 5/3/2013 2011 Conway, AR (g) 510 2,577 — 3,087 166 6/13/2014 2014 Fairfield, IA (g) 422 1,913 — 2,335 183 5/3/2013 2011 Mount Vernon, MO (g) 708 1,756

Summary of Significant Accoun26

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2016
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, its wholly-owned subsidiaries and the Consolidated Joint Venture in which the Company has a controlling financial interest. All intercompany balances and transactions have been eliminated in consolidation. 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”). VIEs are entities where investors lack sufficient equity at risk for the entity to finance its activities without additional subordinated financial support or where equity investors, as a group, lack one of the following characteristics: (a) the power to direct the activities that most significantly impact the entity’s economic performance, (b) the obligation to absorb the expected losses of the entity, or (c) the right to receive the expected returns of the entity. The Company consolidates any VIEs when it is determined to be the primary beneficiary of the VIE’s operations. During the year ended December 31, 2016 , the Company adopted the U.S. Financial Accounting Standards Board (the “FASB”) Accounting Standards Update (“ASU”) No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis , which simplifies consolidation accounting by reducing the number of consolidation models and changing various aspects of current GAAP, including certain consolidation criteria for a VIE. For legal entities being evaluated for consolidation, the Company must first determine whether the interests that it holds and fees it receives qualify as variable interests in the entity. 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. The Company’s evaluation includes consideration of fees paid to the Company where the Company acts as a decision maker or service provider to the entity being evaluated. If the Company determines that it holds a variable interest in an entity, it evaluates whether that entity is a VIE. A VIE must be consolidated by its primary beneficiary, which is generally defined as the party who has a controlling financial interest in 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 and its obligation to absorb losses from or right to receive benefits of the VIE that could potentially be significant to the VIE. The Company consolidates any VIEs when the Company is determined to be the primary beneficiary of the VIE and the difference between consolidating the VIE and accounting for it using the equity method could be material to the Company’s consolidated financial statements. The Company continually evaluates the need to consolidate any VIEs based on standards set forth in GAAP as described above. As of December 31, 2016 , the Company determined that it had a controlling interest in the Consolidated Joint Venture and therefore met the GAAP requirements for consolidation. From July 2013 to September 2016, the Company had an interest of approximately 90% in an anchored shopping center comprising 176,000 rentable square feet of commercial space (the “Unconsolidated Joint Venture”). As of December 31, 2015 , the Company was not required to consolidate its interest in the Unconsolidated Joint Venture as the applicable joint venture entity did not qualify as a VIE and the Company did not meet the control requirement for consolidation.
Reclassifications	Reclassifications Certain amounts in the Company’s prior period consolidated financial statements have been reclassified to conform to the current period presentation. The Company has chosen to break out the details of gain (loss) on dispositions of real estate, net from interest expense and other, net in the Company’s consolidated statements of operations. These reclassifications had no effect on previously reported totals or subtotals.
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.
Real Estate Investments, Recoverability of Real Estate Assets, and Assets Held for Sale	Real Estate Investments 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 fees and expenses, construction and any tenant improvements, major improvements and betterments that extend the useful life of the real estate assets and leasing costs. All acquisition-related fees and expenses, repairs and maintenance are expensed as incurred. The Company considers the period of future benefit of each respective asset to determine the appropriate useful life. 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 Recoverability of Real Estate Assets 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. During the year ended December 31, 2016 , two tenants filed for bankruptcy, and collectively, these tenants occupied 100% of three of the Company’s properties. As part of the Company’s quarterly impairment review procedures, and considering the factors mentioned above, the Company recorded impairment charges of $6.7 million related to the three properties during the year ended December 31, 2016 . The Company recorded impairment charges of $1.4 million related to one property during the year ended December 31, 2015 . The assumptions and uncertainties utilized in the evaluation of the impairment of real estate assets are discussed in detail in Note 3 — Fair Value Measurements. See also Note 4 — Real Estate Investments for further discussion regarding real estate investment activity. No impairment indicators were identified and no impairment losses were recorded during the year ended December 31, 2014 . Assets Held for Sale 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.
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 to identified intangible assets and liabilities, consisting of the value of above- and below-market leases and the value of in-place leases, based in each case on their respective fair values. Acquisition-related fees and 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 buildings). 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- 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, for below-market leases, any bargain renewal periods. The above- 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, the 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- 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 leasing commissions, legal and other related expenses 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 escrowed funds to the Company or the seller or a combination thereof. Contingent consideration arrangements, including amounts funded through an escrow account, are recorded upon acquisition of the respective property at their estimated fair values, and any changes to the estimated fair values, subsequent to acquisition, are reflected in the accompanying consolidated statements of operations in acquisition-related fees and expenses. The determination of the amount of contingent consideration arrangements is based on the probability of several possible outcomes as identified by management. The Company estimates 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 are initially 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 is amortized or accreted 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 materially impact the Company’s results of operations.
Development Activities	Development Activities Project costs and expenses, including interest incurred, associated with the development, construction and lease-up of a real estate project are capitalized as construction in progress. Once the development and construction of the building is substantially completed, the amounts capitalized to construction in progress are transferred to (i) land and (ii) buildings, fixtures and improvements and are depreciated over their respective useful lives.
Redeemable Noncontrolling Interest in Consolidated Joint Venture	Redeemable Noncontrolling Interest in Consolidated Joint Venture On June 27, 2014 , the Company completed the formation of the Consolidated Joint Venture. Pursuant to the joint venture agreement, the joint venture partner has a right to exercise an option (the “Option”), which became effective on June 27, 2016, whereby the Company will be required to purchase the ownership interest of the joint venture partner at fair market value. As of December 31, 2016 , the Option has not been exercised. The Company determined it had a controlling interest in the Consolidated Joint Venture and, therefore, met the GAAP requirements for consolidation. The Company recorded net income of $137,000 and paid distributions of $269,000 related to the noncontrolling interest during the year ended December 31, 2016 . The Company recorded the noncontrolling interest of $2.6 million and $2.7 million as of December 31, 2016 and December 31, 2015 , respectively, as temporary equity in the mezzanine section of the consolidated balance sheets, due to the redemption option existing outside the control of the Company.
Restricted Cash	Restricted Cash The Company had $8.0 million and $8.3 million in restricted cash as of December 31, 2016 and 2015 , respectively. Included in restricted cash was $4.0 million and $5.9 million held by lenders in lockbox accounts, as of December 31, 2016 and 2015 , respectively. 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 was $4.0 million and $2.4 million held by lenders in escrow accounts for real estate taxes and other lender reserves for certain properties, in accordance with the associated lender’s loan agreement as of December 31, 2016 and 2015 , respectively.
Cash Concentrations	Cash Concentrations Cash and cash equivalents include cash in bank accounts, as well as investments in highly-liquid money market funds. The Company deposits cash with several high quality financial institutions. These deposits are guaranteed by the Federal Deposit Insurance Company (“FDIC”) up to an insurance limit of $250,000. At times, the Company’s cash and cash equivalents may exceed federally insured levels. Although the Company bears risk on amounts in excess of those insured by the FDIC, it has not experienced and does not anticipate any losses due to the high quality of the institutions where the deposits are held.
Deferred Financing Costs	Deferred Financing Costs Deferred financing costs represent commitment fees, legal fees and other costs associated with obtaining commitments for financing. These costs are amortized to interest expense over the terms of the respective financing agreements using the effective interest method. Unamortized deferred financing costs are written off when the associated debt is refinanced or repaid before maturity. The presentation of all deferred financing costs, other than those associated with the revolving loan portion of the credit facility, are classified such that the debt issuance costs related to a recognized debt liability are presented on the consolidated balance sheets as a direct deduction from the carrying amount of the related debt liability rather than as an asset. Debt issuance costs related to securing a revolving line of credit are presented as an asset and amortized ratably over the term of the line of credit arrangement. As such, the Company’s current and corresponding prior period total deferred costs, net in the accompanying consolidated balance sheets relate only to the revolving loan portion of the credit facility and the historical presentation, amortization and treatment of unamortized costs are still applicable. As of December 31, 2016 and 2015 , the Company had $1.5 million and $4.1 million , respectively, of deferred financing costs, net of accumulated amortization, related to the revolving loan portion of the credit facility. Costs incurred in seeking financial transactions that do not close are expensed in the period in which it is determined the financing will not close.
Due to Affiliates	Due to Affiliates CR IV Advisors, and certain of its affiliates, received and will continue to receive, fees, reimbursements and compensation in connection with services provided relating to the Offerings 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 hedges 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 obligation 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.
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 earned and collectability is reasonably assured. 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. The Company continually reviews receivables related to rent, including any unbilled straight-line rent, and determines collectability by taking into consideration the tenant’s payment history, the financial condition of the tenant, business conditions in the industry in which the tenant operates and economic conditions in the area in which the property is located. In the event that the collectability of a receivable is in doubt, the Company will record an increase in the allowance for uncollectible accounts.
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, commencing with the taxable year ended December 31, 2012. 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.
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, 2016 , 2015 or 2014 .
Reportable Segments	Reportable Segment The Company’s commercial real estate investments consist of income-producing necessity retail properties that are primarily single-tenant or anchored shopping centers, which are leased to creditworthy tenants under long-term net leases. The commercial properties are geographically diversified throughout the United States and have similar economic characteristics. The Company’s management evaluates operating performance on an overall portfolio level; therefore, the Company’s properties are one reportable segment.
Recent Accounting Pronouncements	Recent Accounting Pronouncements From time to time, new accounting pronouncements are issued by various standard setting bodies that may have an impact on the Company’s accounting and reporting. Except as otherwise stated below, the Company is currently evaluating the effect that certain of these new accounting requirements may have on the Company’s accounting and related reporting and disclosures in the Company’s consolidated financial statements: Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers, as amended (“ASU 2014-09”) — The requirements were amended to remove inconsistencies in revenue requirements and to provide a more complete framework for addressing revenue issues across a broad range of industries and transaction types. The revised standard’s core principle is that a company should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The revised standard also clarifies that an entity should evaluate whether it is the principal or the agent for each specified good or service promised in a contract to a customer. These provisions are effective January 1, 2018, and are to be applied retrospectively, with early adoption permitted for periods beginning after December 15, 2016 and interim periods thereafter. Companies may use either a full retrospective or a modified retrospective approach to adopt ASU 2014-09. The Company is currently assessing the adoption methodology. In accordance with the Company’s plan for the adoption of ASU 2014-09, the Company’s implementation team has identified the Company’s revenue streams and is performing an in-depth review of the Company’s revenue contracts to identify the related performance obligations and to evaluate the impact on the Company’s consolidated financial statements and internal accounting processes and controls. As the majority of the Company’s revenue is derived from real estate lease contracts, as discussed in relation to ASU 2016-02, Leases (Topic 842) (“ASU 2016-02”), the Company does not expect that the adoption of ASU 2014-09 or related amendments and modifications issued by the Financial Accounting Standards Board (the “FASB”) will have a material impact on its consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, which replaces the existing guidance in Accounting Standards Codification 840, Leases (Topic 842) . ASU 2016-02 requires a dual approach for lessee accounting under which a lessee would account for leases as either finance leases or operating leases. Both finance leases and operating leases will result in the lessee recognizing a right-of-use (“ROU”) asset and a corresponding lease liability. For finance leases, the lessee would recognize interest expense and amortization of the ROU asset and for operating leases the lessee would recognize a straight-line total lease expense. The provisions of ASU 2016-02 are effective for fiscal years, and interim periods within those years, beginning after December 15, 2018. A modified retrospective approach is required for existing leases that have not expired upon adoption. Early adoption is permitted. The Company’s implementation team is developing an inventory of all leases, as well as identifying any non-lease components in the lease arrangements. ASU No. 2016-01, Financial Instruments (Subtopic 825-10) — The amendments in this update require all equity investments to be measured at fair value with changes in the fair value recognized through net income (other than those accounted for under the equity method of accounting or those that result in consolidation of the investee). The amendments in this update also require an entity to present separately in other comprehensive income (loss), the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments. In addition, the amendments in this update require separate presentation of financial assets and financial liabilities by measurement category and form of financial asset on the consolidated balance sheets or the accompanying notes to the consolidated financial statements. The amendments in this update are effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. ASU No. 2016-05, Effect of Derivative Contract Novations on Existing Hedge Accounting Relationships (“ASU 2016-05”) — The amendments in this update clarify that a change in the counterparty to a derivative instrument that has been designated as a hedging instrument does not, in and of itself, require de-designation of that hedging relationship, provided that all other hedge accounting criteria continue to be met. These provisions are effective for fiscal years beginning after December 15, 2016, and interim periods within those fiscal years, with early adoption permitted. The Company plans to adopt ASU 2016-05 prospectively and will consider for any future novations. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments-Credit Losses (Topic 326) (“ASU 2016-13”). ASU 2016-13 requires more timely recording of credit losses on loans and other financial instruments that are not accounted for at fair value through net income, including loans held for investment, held-to-maturity debt securities, trade and other receivables, net investment in leases and other such commitments. ASU 2016-13 requires that financial assets measured at amortized cost be presented at the net amount expected to be collected, through an allowance for credit losses that is deducted from the amortized cost basis. The amendments in ASU 2016-13 require the Company to measure all expected credit losses based upon historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the financial assets and eliminates the “incurred loss” methodology in current GAAP. ASU 2016-13 is effective for fiscal years, and interim periods within, beginning after December 15, 2019. Early adoption is permitted for fiscal years, and interim periods within those years, beginning after December 15, 2018. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (“ASU 2016-15”), which is intended to address diversity in practice related to how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The amendments in ASU 2016-15 address eight specific cash flow issues as well as application of the predominance principle (dependence on predominant source or use of receipt or payment) and are effective for public business entities for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years, with early adoption permitted. ASU 2016-15 requires retrospective adoption unless it is impracticable to apply, in which case it is to be applied prospectively as of the earliest date practicable. The Company plans to adopt ASU 2016-15 during the fourth quarter of fiscal year 2017. In November 2016, the FASB issued ASU No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash (“ASU 2016-18”), which provides guidance on the presentation of restricted cash and restricted cash equivalents in the statement of cash flows. Restricted cash and restricted cash equivalents should now be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period amounts shown on the statements of cash flows. The amendments in ASU 2016-18 are effective for reporting periods beginning after December 15, 2017, with early adoption permitted. In January 2017, the FASB issued ASU No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business (“ASU 2017-01”), which clarifies the definition of a business by adding guidance to assist entities in evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. ASU 2017-01 is effective for annual periods beginning after December 15, 2017, including interim periods within. Early adoption is permitted and is required to be applied prospectively to any transactions occurring within the period of adoption. The Company plans to adopt ASU 2017-01 during the first quarter of fiscal year 2017 and expects that most future acquisitions (or disposals) will qualify as asset acquisitions (or disposals). As such, future acquisition related expenses associated with these asset acquisitions will be capitalized.
Fair Value Measurements	The following describes the methods the Company uses to estimate the fair value of the Company’s financial assets and liabilities: 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. Current and prior period liabilities’ carrying and fair values exclude net deferred financing costs. These financial instruments are valued using Level 2 inputs. As of December 31, 2016 , the estimated fair value of the Company’s debt was $2.25 billion , compared to the carrying value of $2.26 billion . The estimated fair value of the Company’s debt as of December 31, 2015 was $2.08 billion , which approximated its carrying value. Derivative instruments — The Company’s derivative instruments are comprised of 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. In addition, credit valuation adjustments are incorporated into the fair values to account for the Company’s potential nonperformance risk and the performance risk of the respective counterparties. Although the Company has determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with those derivatives utilize Level 3 inputs, such as estimates of current credit spreads, to evaluate the likelihood of default by the Company and its counterparties. However, as of December 31, 2016 and 2015 , the Company assessed the significance of the impact of the credit valuation adjustments on the overall valuation of its derivative positions and determined that the credit valuation adjustments are not significant to the overall valuation of the Company’s derivatives. As a result, the Company has determined that its derivative valuations in their entirety are classified in Level 2 of the fair value hierarchy. Other financial instruments — The Company considers the carrying values of its cash and cash equivalents, restricted cash, tenant receivables, accounts payable and accrued expenses, other liabilities, due to affiliates and distributions payable to approximate their fair values because of the short period of time between their origination and their expected realization as well as their highly-liquid nature. Due to the short-term maturities of these instruments, Level 1 inputs are utilized to estimate the fair value of these financial instruments. 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 key assumptions, including, but not limited to, rental rates, discount rates and the estimated timing and probability of successfully leasing vacant space subsequent to the Company’s acquisition of certain properties. 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, upon disposition of the financial assets and liabilities.

Summary of Significant Accoun27

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Summary of Estimated Useful Lives of Real Estate Assets By Class	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 (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on a Recurring Basis	In accordance with the fair value hierarchy described above, the following tables show the fair value of the Company’s financial assets and liabilities that are required to be measured at fair value on a recurring basis as of December 31, 2016 and 2015 (in thousands): Balance as of Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Financial assets: Interest rate swaps $ 2,327 $ — $ 2,327 $ — Total financial assets $ 2,327 $ — $ 2,327 $ — Financial liabilities: Interest rate swaps $ (3,351 ) $ — $ (3,351 ) $ — Contingent consideration (337 ) — — (337 ) Total financial liabilities $ (3,688 ) $ — $ (3,351 ) $ (337 ) Balance as of Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Financial assets: Interest rate swaps $ 519 $ — $ 519 $ — Total financial assets $ 519 $ — $ 519 $ — Financial liabilities: Interest rate swaps $ (5,878 ) $ — $ (5,878 ) $ — Contingent consideration (4,538 ) — — (4,538 ) Total liabilities $ (10,416 ) $ — $ (5,878 ) $ (4,538 )
Reconciliations of the Changes in Liabilities with Level 3 Inputs	The following are reconciliations of the changes in liabilities with Level 3 inputs in the fair value hierarchy for the years ended December 31, 2016 and 2015 (in thousands): Contingent Consideration Arrangements Beginning Balance, December 31, 2015 $ (4,538 ) Purchases, fair value adjustments and payments made: Purchases (332 ) Fair value adjustments 2,667 Payments made 1,866 Ending Balance, December 31, 2016 $ (337 ) Contingent Consideration Arrangements Beginning Balance, December 31, 2014 $ (3,405 ) Purchases and fair value adjustments: Purchases (2,880 ) Fair value adjustments 1,747 Ending Balance, December 31, 2015 $ (4,538 )
Summary of Impairment Charges by Asset Class	The following table presents the impairment charges by asset class recorded during the years ended December 31, 2016 and 2015 (in thousands): Year Ended December 31, 2016 2015 Asset class impaired: Land $ 1,775 $ 498 Buildings, fixtures and improvements 4,678 662 Intangible lease assets 284 280 Total impairment loss $ 6,737 $ 1,440

Real Estate Investments (Tables

Real Estate Investments (Tables)	12 Months Ended
	Dec. 31, 2016
Business Combinations [Abstract]
Schedule of Purchase Price Allocation	The following table summarizes the purchase price allocation for acquisitions purchased during the year ended December 31, 2016 (in thousands): December 31, 2016 Land $ 48,317 Buildings, fixtures and improvements 149,859 Acquired in-place leases (1) 18,100 Acquired above-market leases (2) 3,764 Intangible lease liabilities (3) (3,388 ) Total purchase price $ 216,652 ____________________________________ (1) The weighted average amortization period for acquired in-place leases is 7.6 years for the 2016 Acquisitions. (2) The weighted average amortization period for acquired above-market leases is 6.0 years for the 2016 Acquisitions. (3) The weighted average amortization period for acquired intangible lease liabilities is 6.4 years for the 2016 Acquisitions. The following table summarizes the transaction related to the business combination, including the amounts recognized for assets acquired and liabilities assumed, as indicated (in thousands): September 22, 2016 Carrying value of the Company’s equity interest before business combination (1) $ 18,952 Fair value of amounts recognized for assets acquired and liabilities assumed: Land 4,535 Buildings, fixtures and improvements 11,826 Acquired in-place leases 1,296 Acquired above-market leases 1,130 Intangible lease liabilities (597 ) Other assets and liabilities 115 Total net assets 18,305 Loss recognized on equity interest remeasured to fair value $ (647 ) ____________________________________ (1) Includes $1.6 million of cash paid to the Unconsolidated Joint Venture Partner. The following table summarizes the purchase price allocation for acquisitions purchased during the year ended December 31, 2015 (in thousands): December 31, 2015 Land $ 138,536 Buildings, fixtures and improvements 393,918 Acquired in-place leases (1) 83,043 Acquired above-market leases (2) 6,485 Intangible lease liabilities (3) (5,883 ) Fair value adjustment of assumed note payable (253 ) Total purchase price $ 615,846 ____________________________________ (1) The weighted average amortization period for acquired in-place leases was 13.0 years for the 2015 Acquisitions. (2) The weighted average amortization period for acquired above-market leases was 11.3 years for the 2015 Acquisitions. (3) The weighted average amortization period for acquired intangible lease liabilities was 9.5 years for the 2015 Acquisitions. The following table summarizes the purchase price allocation for acquisitions purchased during the year ended December 31, 2014 (in thousands): December 31, 2014 Land $ 437,206 Buildings, fixtures and improvements 1,152,148 Acquired in-place leases (1) 154,972 Acquired above-market leases (2) 23,430 Intangible lease liabilities (3) (24,620 ) Fair value adjustment of assumed note payable (765 ) Total purchase price $ 1,742,371 ____________________________________ (1) The weighted average amortization period for acquired in-place leases was 12.6 years for the 2014 Acquisitions. (2) The weighted average amortization period for acquired above-market leases was 11.0 years for the 2014 Acquisitions. (3) The weighted average amortization period for acquired intangible lease liabilities was 7.6 years for the 2014 Acquisitions.
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, 2014 and 2013 (in thousands): Year Ended December 31, 2014 2013 Pro forma basis (unaudited): Revenue $ 332,860 $ 245,969 Net income (loss) $ 131,001 $ (53,805 ) The table below presents the Company’s estimated revenue and net income , on a pro forma basis, for the years ended December 31, 2016 and 2015 (in thousands): Year Ended December 31, 2016 2015 Pro forma basis (unaudited): Revenue $ 418,798 $ 389,780 Net income $ 74,052 $ 64,662 The table below presents the Company’s estimated revenue and net income, on a pro forma basis, for the years ended December 31, 2015 and 2014 (in thousands): Year Ended December 31, 2015 2014 Pro forma basis (unaudited): Revenue $ 387,921 $ 305,141 Net income $ 79,888 $ 8,267

Intangible Lease Assets (Tables

Intangible Lease Assets (Tables)	12 Months Ended
	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-lived Intangible Assets	The intangible lease assets consisted of the following (in thousands, except weighted average life remaining amounts): As of December 31, 2016 2015 In-place leases, net of accumulated amortization of $125,620 and $81,856, respectively (with a weighted average life remaining of 10.7 years and 11.7 years, respectively) $ 364,038 $ 391,868 Acquired above-market leases, net of accumulated amortization of $18,723 and $12,454, respectively (with a weighted average life remaining of 8.9 years and 10.1 years, respectively) 44,768 47,299 $ 408,806 $ 439,167
Schedule of Finite-lived Intangible Assets, Future Amortization Expense	Estimated amortization expense related to the intangible lease assets as of December 31, 2016 for each of the five succeeding fiscal years is as follows (in thousands): Amortization Year Ending December 31, In-Place Leases Above-Market Leases 2017 $ 42,993 $ 6,829 2018 $ 39,977 $ 5,885 2019 $ 36,115 $ 4,775 2020 $ 33,824 $ 4,202 2021 $ 31,244 $ 3,795

Derivative Instruments and He31

Derivative Instruments and Hedging Activities (Tables)	12 Months Ended
	Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	The following table summarizes the terms of the Company’s executed interest rate swap agreements designated as hedging instruments as of December 31, 2016 and 2015 (in thousands): Outstanding Notional Fair Value Assets and (Liabilities) Balance Sheet Amount as of Interest Effective Maturity December 31, December 31, Location December 31, 2016 Rates (1) Dates Dates 2016 2015 Interest Rate Swaps Derivative assets, prepaid expenses, property escrow deposits and other assets $ 440,066 2.55% to 3.91% 6/30/2015 to 9/01/2016 8/15/2018 to 7/01/2021 $ 2,327 $ 519 Interest Rate Swaps Deferred rental income, derivative liabilities and other liabilities $ 588,737 3.10% to 4.75% 6/24/2013 to 12/31/2015 6/24/2018 to 8/24/2020 $ (3,351 ) $ (5,878 ) ____________________________________ (1) The interest rates consist of the underlying index swapped to a fixed rate and the applicable interest rate spread as of December 31, 2016 .

Notes Payable And Credit Faci32

Notes Payable And Credit Facility (Tables)	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
Schedule of Debt	The following table summarizes the debt balances as of December 31, 2016 and 2015 , and the debt activity for the year ended December 31, 2016 (in thousands): During the Year Ended December 31, 2016 Balance as of December 31, 2015 Debt Issuances and Assumptions (1) Repayments Accretion and (Amortization) Balance as of December 31, 2016 Fixed rate debt $ 896,628 $ 268,420 $ (426 ) $ — $ 1,164,622 Variable rate debt 53,500 — — — 53,500 Credit facility 1,127,666 225,000 (313,000 ) — 1,039,666 Total debt 2,077,794 493,420 (313,426 ) — 2,257,788 Net premiums (2) 590 — — (84 ) 506 Deferred costs (3) (11,821 ) (3,522 ) — 3,308 (12,035 ) Total debt, net $ 2,066,563 $ 489,898 $ (313,426 ) $ 3,224 $ 2,246,259 ____________________________________ (1) Includes deferred financing costs incurred during the period. (2) Net premiums on mortgage notes payable were recorded upon the assumption of the respective debt instruments. Amortization of these net premiums is recorded as a reduction to interest expense over the remaining term of the respective debt instruments using the effective-interest method. (3) Deferred costs relate to mortgage notes payable and the term portion of the credit facility.
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, 2016 for each of the five succeeding fiscal years and the period thereafter (in thousands): Year Ending December 31, Principal Repayments 2017 $ 403,451 2018 693,877 2019 49,799 2020 333,215 2021 100,602 Thereafter 676,844 Total $ 2,257,788

Intangible Lease Liabilities (T

Intangible Lease Liabilities (Tables)	12 Months Ended
	Dec. 31, 2016
Intangible Liabilities Disclosure [Abstract]
Schedule of Finite-lived Intangible Liabilities	Intangible lease liabilities consisted of the following (in thousands, except weighted average life remaining amounts): As of December 31, 2016 2015 Acquired below-market leases, net of accumulated amortization of $23,241 and $15,641, respectively (with a weighted average life remaining of 7.8 years and 8.8 years, respectively) $ 49,075 $ 53,822
Schedule of Finite-lived Intangible Assets, Future Amortization Expense	Estimated amortization of the intangible lease liabilities as of December 31, 2016 for each of the five succeeding fiscal years is as follows (in thousands): Year Ending December 31, Amortization of Below-Market Leases 2017 $ 7,887 2018 $ 7,500 2019 $ 6,629 2020 $ 5,835 2021 $ 4,390

Supplemental Cash Flow Disclo34

Supplemental Cash Flow Disclosures (Tables)	12 Months Ended
	Dec. 31, 2016
Supplemental Cash Flow Elements [Abstract]
Schedule of Cash Flow, Supplemental Disclosures	Supplemental cash flow disclosures for the years ended December 31, 2016 , 2015 and 2014 are as follows (in thousands): Year Ended December 31, 2016 2015 2014 Supplemental Disclosures of Non-Cash Investing and Financing Activities: Distributions declared and unpaid $ 16,498 $ 16,568 $ 16,189 Accrued capital expenditures $ 675 $ 2,741 $ 7,721 Common stock issued through distribution reinvestment plan $ 109,166 $ 112,158 $ 104,261 Change in fair value of interest rate swaps $ 4,335 $ (1,302 ) $ (1,805 ) Contingent consideration recorded upon property acquisitions $ 332 $ 2,880 $ 5,342 Fair value of notes payable assumed in real estate acquisition $ — $ 15,233 $ 25,979 Consolidation of real estate joint venture $ 18,305 $ — $ — Supplemental Cash Flow Disclosures: Interest paid $ 74,034 $ 54,388 $ 31,159

Related-Party Transactions an35

Related-Party Transactions and Arrangements - (Tables)	12 Months Ended
	Dec. 31, 2016
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, 2016 2015 2014 Selling commissions $ — $ — $ 55,921 Dealer manager fees $ — $ — $ 16,780 Other offering costs $ — $ — $ 7,277 Acquisition fees and expenses $ 4,960 $ 13,311 $ 38,483 Advisory fees and expenses $ 41,926 $ 36,225 $ 24,152 Operating expenses $ 4,119 $ 4,568 $ 3,383

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2016
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, 2016 , 2015 and 2014 : Year Ended December 31, Character of Distributions (Unaudited): 2016 2015 2014 Ordinary dividends 53 % 58 % 47 % Nondividend distributions 46 % 42 % 53 % Capital gain distributions 1 % — % — % Total 100 % 100 % 100 %

Operating Leases Operating Leas

Operating Leases Operating Leases (Tables)	12 Months Ended
	Dec. 31, 2016
Leases [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases	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, 2016 , was as follows (in thousands): Year Ending December 31, Future Minimum Rental Income 2017 $ 350,394 2018 341,375 2019 324,354 2020 311,907 2021 295,443 Thereafter 1,998,244 $ 3,621,717

Quarterly Results (Unaudited) (

Quarterly Results (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2016
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, 2016 and 2015 (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. December 31, 2016 First Quarter Second Quarter Third Quarter Fourth Quarter Revenues $ 100,547 $ 100,597 $ 101,796 $ 104,511 Acquisition-related fees and expenses $ 372 $ 1,803 $ 1,417 $ 599 Operating income $ 38,675 $ 38,153 $ 37,314 $ 35,042 Net income $ 20,054 $ 18,945 $ 18,128 $ 14,852 Net income attributable to the Company $ 20,020 $ 18,912 $ 18,096 $ 14,814 Basic and diluted net income per common share (1) $ 0.06 $ 0.06 $ 0.06 $ 0.05 Distributions declared per common share $ 0.155 $ 0.156 $ 0.157 $ 0.157 ____________________________________ (1) The Company calculates net income per share based on the weighted-average number of outstanding shares of common stock during the reporting period. The average number of shares fluctuates throughout the year and can therefore produce a full year result that does not agree to the sum of the individual quarters. December 31, 2015 First Quarter Second Quarter Third Quarter Fourth Quarter Revenues $ 85,963 $ 90,528 $ 94,188 $ 97,052 Acquisition-related fees and expenses $ 5,385 $ 3,882 $ 2,518 $ 3,741 Operating income $ 28,395 $ 31,862 $ 34,696 $ 29,247 Net income $ 15,998 $ 17,293 $ 18,485 $ 13,117 Net income attributable to the Company $ 16,015 $ 17,225 $ 18,452 $ 13,079 Basic and diluted net income per common share (1) $ 0.05 $ 0.06 $ 0.06 $ 0.04 Distributions declared per common share $ 0.154 $ 0.155 $ 0.158 $ 0.158 ____________________________________ (1) The Company calculates net income per share based on the weighted-average number of outstanding shares of common stock during the reporting period. The average number of shares fluctuates throughout the year and can therefore produce a full year result that does not agree to the sum of the individual quarters.

Organization and Business (Shar

Organization and Business (Shares offering) (Details) - USD ($)	Mar. 28, 2017	Mar. 27, 2017	Feb. 18, 2014	Nov. 25, 2013	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Apr. 04, 2014	Jun. 30, 2016	Dec. 31, 2016	Nov. 13, 2016	Sep. 30, 2016	Sep. 30, 2015	Aug. 31, 2015	Dec. 31, 2013	Dec. 19, 2013	Jan. 26, 2012
Organization and business [Line Items]
Common stock, shares authorized (shares)					490,000,000	490,000,000				490,000,000					490,000,000
NAV per share (USD per share)					$ 10.08					$ 10.08
Common stock shares registered dividend reinvestment plan (shares)						26,000,000
Issuance of common stock					$ 109,166,000	$ 112,158,000	$ 941,930,000
Proceeds from issuance of common stock					$ 0	$ 0	837,669,000
IPO
Organization and business [Line Items]
Common stock, shares issued																	$ 2,975,000,000
Common stock, shares authorized value reallocated			$ 23,000,000	$ 400,000,000
Common stock, shares authorized (shares)			292,300,000
Share price (USD per share)			$ 10											$ 9.70
Issuance of common stock (shares)								297,400,000
Unsold shares deregistered (shares)								404,000
Shares outstanding					329,100,000					329,100,000
Proceeds from issuance of common stock										$ 3,300,000,000
Offering costs, selling commissions, and dealer management fees										$ 306,000,000
Primary offering
Organization and business [Line Items]
Issuance of common stock (shares)								292,300,000
Distribution reinvestment plan
Organization and business [Line Items]
Common stock, shares authorized (shares)			5,500,000
Share price (USD per share)			$ 9.50		$ 9.50					$ 9.50	$ 9.70		$ 9.50
NAV per share (USD per share)					$ 10.08					$ 10.08		$ 9.92	$ 9.70
Issuance of common stock (shares)								5,100,000
Common stock shares registered dividend reinvestment plan, value					$ 600,000,000		$ 247,000,000	$ 247,000,000		$ 600,000,000						$ 247,000,000
Issuance of common stock									$ 241,700,000
Common stock, shares deregistered									$ 5,300,000
Shares outstanding					30,800,000					30,800,000
CCPT IV OP
Organization and business [Line Items]
General partner partnership interest percentage					100.00%
Subsequent Event | Distribution reinvestment plan
Organization and business [Line Items]
Reinvested distributions	$ 0	$ 0
Forecast | Distribution reinvestment plan
Organization and business [Line Items]
Share price (USD per share)	$ 10.08
Forecast | Subsequent Event | Distribution reinvestment plan
Organization and business [Line Items]
Share price (USD per share)	10.08
The Share Redemption Program
Organization and business [Line Items]
NAV per share (USD per share)						$ 9.70						$ 9.92		$ 10
The Share Redemption Program | Forecast
Organization and business [Line Items]
NAV per share (USD per share)	$ 10.08

Organization and Business (Real

Organization and Business (Real Estate Property) (Details) ft² in Millions	Dec. 31, 2016ft²statesproperty
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of owned properties (property) | property	882
Rentable commercial space (sqft) | ft²	26.5
Number of states in which entity owns properties (state) | states	45
Percentage of rentable space leased	98.20%

Summary of Significant Accoun41

Summary of Significant Accounting Policies (Principles of Consolidation and Basis of Presentation) (Details) ft² in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)ft²	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Sep. 30, 2016ft²	Sep. 22, 2016
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Joint venture, ownership percentage				90.00%
Rentable commercial space (sqft)	26,500
Loss recognized on equity interest remeasured to fair value | $	$ 647	$ 0	$ 0
Corporate Joint Venture
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Joint venture, ownership percentage					10.00%
Rentable commercial space (sqft)				176

Summary of Significant Accoun42

Summary of Significant Accounting Policies (Real Estate Assets and Development Activities) (Details)	12 Months Ended
	Dec. 31, 2016USD ($)tenantproperty	Dec. 31, 2015USD ($)property	Dec. 31, 2014USD ($)
Real Estate Properties [Line Items]
Number of tenants that filed bankruptcy | tenant	2
Percentage of property occupied by tenants that filed bankruptcy (percent)	100.00%
Impairment	$ 6,737,000	$ 1,440,000	$ 0
Impairment of real estate, number of properties (property) | property	3	1
Real estate held-for-sale	$ 0	$ 0
Interest costs capitalized	$ 102,000	$ 1,500,000
Building
Real Estate Properties [Line Items]
Acquired real estate asset, useful life	40 years

Summary of Significant Accoun43

Summary of Significant Accounting Policies (Redeemable Noncontrolling interest in Consolidated Joint Venture) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Accounting Policies [Abstract]
Net income (loss) allocated to noncontrolling interest	$ 137	$ 122	$ (20)
Distributions to noncontrolling interest	(269)	(269)	$ (46)
Equity attributable to noncontrolling interest	$ 2,600	$ 2,700

Summary of Significant Accoun44

Summary of Significant Accounting Policies (Restricted cash and Cash concentrations) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash	$ 8,040	$ 8,274
Restricted Lockbox Accounts
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash	4,000	5,900
Escrow Deposits
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash	$ 4,000	$ 2,400

Summary of Significant Accoun45

Summary of Significant Accounting Policies (Other Narrative) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)segmentshares	Dec. 31, 2015USD ($)shares	Dec. 31, 2014shares
Accounting Policies [Abstract]
Deferred costs, net	$ 1,514	$ 4,095
Allowance for doubtful accounts	$ 221	$ 301
Antidilutive securities excluded from computation of EPS | shares	0	0	0
Number of reportable segments | segment	1

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Details) ft² in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)ft²property	Dec. 31, 2015USD ($)ft²property	Dec. 31, 2014USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of real estate, number of properties (property) | property	3	1
Impairment of real estate, area (sqft) | ft²	24	11
Impairment	$ 6,737	$ 1,440	$ 0
Estimate of Fair Value Measurement | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Company's debt	2,250,000	2,080,000
Reported Value Measurement | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Company's debt	2,260,000	2,080,000
Land and Building
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of real estate assets		1,300
Impairment		1,400
Land and Building | Fair Value, Measurements, Nonrecurring | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of real estate assets	$ 4,700	$ 1,300

Fair Value Measurements (Schedu

Fair Value Measurements (Schedule of Fair Value, Assets and Liabilities Measured on a Recurring Basis) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Financial liabilities:
Contingent consideration	$ (332)	$ (2,880)	$ (5,342)
Fair value, measurements, recurring
Financial assets:
Interest rate swaps	2,327	519
Total financial assets	2,327	519
Financial liabilities:
Interest rate swaps	(3,351)	(5,878)
Contingent consideration	(337)	(4,538)
Total financial liabilities	(3,688)	(10,416)
Fair value, measurements, recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)
Financial assets:
Interest rate swaps	0	0
Total financial assets	0	0
Financial liabilities:
Interest rate swaps	0	0
Contingent consideration	0	0
Total financial liabilities	0	0
Fair value, measurements, recurring | Significant Other Observable Inputs (Level 2)
Financial assets:
Interest rate swaps	2,327	519
Total financial assets	2,327	519
Financial liabilities:
Interest rate swaps	(3,351)	(5,878)
Contingent consideration	0	0
Total financial liabilities	(3,351)	(5,878)
Fair value, measurements, recurring | Significant Unobservable Inputs (Level 3)
Financial assets:
Interest rate swaps	0	0
Total financial assets	0	0
Financial liabilities:
Interest rate swaps	0	0
Contingent consideration	(337)	(4,538)
Total financial liabilities	$ (337)	$ (4,538)

Fair Value Measurements (Liabil

Fair Value Measurements (Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ (4,538)	$ (3,405)
Purchases	(332)	(2,880)
Fair value adjustments	2,667	1,747
Payments made	1,866
Ending balance	$ (337)	$ (4,538)

Fair Value Measurements (Summar

Fair Value Measurements (Summary of Impairment Charges by Asset Class) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of long-lived assets held-for-use	$ 6,737	$ 1,440
Acquired in-place leases
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of long-lived assets held-for-use	284	280
Land
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of long-lived assets held-for-use	1,775	498
Building Fixtures and Improvements
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of long-lived assets held-for-use	$ 4,678	$ 662

Real Estate Investments (Proper

Real Estate Investments (Property Acquisitions and Unconsolidated Joint Venture Narrative) (Details) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2016USD ($)	Sep. 30, 2016USD ($)	Jun. 30, 2016USD ($)	Mar. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Sep. 30, 2015USD ($)	Jun. 30, 2015USD ($)	Mar. 31, 2015USD ($)	Dec. 31, 2016USD ($)property	Dec. 31, 2015USD ($)property	Dec. 31, 2014USD ($)property
Business Acquisition [Line Items]
Acquisition-related fees and expenses	$ 599	$ 1,417	$ 1,803	$ 372	$ 3,741	$ 2,518	$ 3,882	$ 5,385	$ 4,191	$ 15,526	$ 51,763
2016 Acquisitions
Business Acquisition [Line Items]
Number of businesses acquired (property) | property									15
Aggregate purchase price									$ 216,700
Revenue of acquiree since acquisition date									10,700
Loss of acquiree since acquisition date									(1,400)
Acquisition-related fees and expenses									$ 4,200
Consolidated Joint Venture
Business Acquisition [Line Items]
Ownership interest acquired (percent)	10.00%								10.00%
2015 Acquisitions
Business Acquisition [Line Items]
Number of businesses acquired (property) | property										111
Aggregate purchase price										$ 615,800
Revenue of acquiree since acquisition date										28,400
Loss of acquiree since acquisition date										(6,300)
Acquisition-related fees and expenses										$ 15,500
2014 Acquisitions
Business Acquisition [Line Items]
Number of businesses acquired (property) | property											422
Aggregate purchase price											$ 1,700,000
Revenue of acquiree since acquisition date											61,200
Loss of acquiree since acquisition date											25,700
Acquisition-related fees and expenses											$ 51,800

Real Estate Investments (Schedu

Real Estate Investments (Schedule of purchase price allocation) (Details) - USD ($) $ in Thousands	Sep. 22, 2016	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Business Acquisition, Purchase Price Allocation [Abstract]
Loss recognized on equity interest remeasured to fair value		$ (647)	$ 0	$ 0
2016 Acquisitions
Business Acquisition, Purchase Price Allocation [Abstract]
Land		48,317
Buildings, fixtures and improvements		149,859
Intangible lease liabilities		(3,388)
Total purchase price		$ 216,652
Weighted average amortization period		6 years 4 months 24 days
Consolidated Joint Venture
Business Acquisition, Purchase Price Allocation [Abstract]
Carrying value of the Company’s equity interest before business combination	$ 18,952
Land	4,535
Buildings, fixtures and improvements	11,826
Intangible lease liabilities	(597)
Other assets and liabilities	115
Total net assets	18,305
Loss recognized on equity interest remeasured to fair value	(647)
Payments to Acquire Businesses, Gross	1,600
2015 Acquisitions
Business Acquisition, Purchase Price Allocation [Abstract]
Land			138,536
Buildings, fixtures and improvements			393,918
Intangible lease liabilities			(5,883)
Fair value adjustment of assumed note payable			(253)
Total purchase price			$ 615,846
Weighted average amortization period			9 years 6 months
2014 Acquisitions
Business Acquisition, Purchase Price Allocation [Abstract]
Land				437,206
Buildings, fixtures and improvements				1,152,148
Intangible lease liabilities				(24,620)
Fair value adjustment of assumed note payable				(765)
Total purchase price				$ 1,742,371
Weighted average amortization period				7 years 7 months 6 days
Acquired in-place leases | 2016 Acquisitions
Business Acquisition, Purchase Price Allocation [Abstract]
Acquired in-place and above market leases		$ 18,100
Weighted average amortization period		7 years 7 months 6 days
Acquired in-place leases | Consolidated Joint Venture
Business Acquisition, Purchase Price Allocation [Abstract]
Acquired in-place and above market leases	1,296
Acquired in-place leases | 2015 Acquisitions
Business Acquisition, Purchase Price Allocation [Abstract]
Acquired in-place and above market leases			$ 83,043
Weighted average amortization period			13 years
Acquired in-place leases | 2014 Acquisitions
Business Acquisition, Purchase Price Allocation [Abstract]
Acquired in-place and above market leases				$ 154,972
Weighted average amortization period				12 years 7 months 6 days
Acquired above-market leases | 2016 Acquisitions
Business Acquisition, Purchase Price Allocation [Abstract]
Acquired in-place and above market leases		$ 3,764
Weighted average amortization period		6 years
Acquired above-market leases | Consolidated Joint Venture
Business Acquisition, Purchase Price Allocation [Abstract]
Acquired in-place and above market leases	$ 1,130
Acquired above-market leases | 2015 Acquisitions
Business Acquisition, Purchase Price Allocation [Abstract]
Acquired in-place and above market leases			$ 6,485
Weighted average amortization period			11 years 3 months 18 days
Acquired above-market leases | 2014 Acquisitions
Business Acquisition, Purchase Price Allocation [Abstract]
Acquired in-place and above market leases				$ 23,430
Weighted average amortization period				11 years

Real Estate Investments (Busine

Real Estate Investments (Business Acquisition, Pro Forma Information) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
2016 Acquisitions
Pro forma basis (unaudited)
Revenue	$ 418,798	$ 389,780
Net income (loss)	$ 74,052	64,662
2015 Acquisitions
Pro forma basis (unaudited)
Revenue		387,921	$ 305,141
Net income (loss)		$ 79,888	8,267
2014 Acquisitions
Pro forma basis (unaudited)
Revenue			332,860	$ 245,969
Net income (loss)			$ 131,001	$ (53,805)

Real Estate Investments (Land D

Real Estate Investments (Land Disposition) (Details)	12 Months Ended
	Dec. 31, 2016USD ($)property	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)land_parcel
Business Acquisition [Line Items]
Proceeds from disposition of real estate assets	$ 30,811,000	$ 1,058,000	$ 1,758,000
Gain (loss) on disposition of real estate, net	2,907,000	$ (108,000)	$ (157,000)
Property Dispositions, 2016
Business Acquisition [Line Items]
Proceeds from sale of assets	31,600,000
Proceeds from disposition of real estate assets	30,800,000
Gain (loss) on disposition of real estate, net	$ 2,900,000
Retail Property | Property Dispositions, 2016
Business Acquisition [Line Items]
Number of real estate properties disposed (property) | property	4
Anchored Shopping Center | Property Dispositions, 2016
Business Acquisition [Line Items]
Number of real estate properties disposed (property) | property	1
Land
Business Acquisition [Line Items]
Number of real estate properties disposed (property)		1	1
Land Sales		$ 1,100,000	$ 1,900,000
Proceeds from disposition of real estate assets		1,000,000	1,800,000
Gain (loss) on disposition of real estate, net		$ (108,000)	$ (157,000)
Disposition Fees Expense | Affiliated Entity | Property Dispositions, 2016
Business Acquisition [Line Items]
Disposition fees paid	$ 0

Real Estate Investments (Impair

Real Estate Investments (Impairment of Properties) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)property	Dec. 31, 2015USD ($)property	Dec. 31, 2014USD ($)
Impaired Long-Lived Assets Held and Used [Line Items]
Impairment of real estate, number of properties (property) | property	3	1
Impairment	$ 6,737	$ 1,440	$ 0
Land and Building
Impaired Long-Lived Assets Held and Used [Line Items]
Carrying value of real estate assets	11,400	2,700
Fair value of real estate assets		1,300
Impairment		1,400
Fair Value, Measurements, Nonrecurring | Significant Unobservable Inputs (Level 3) | Land and Building
Impaired Long-Lived Assets Held and Used [Line Items]
Fair value of real estate assets	$ 4,700	$ 1,300

Real Estate Investments (Develo

Real Estate Investments (Development Project) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2014USD ($)ft²land_parcel	Dec. 31, 2016ft²
Business Acquisition [Line Items]
Rentable space (sqft) | ft²		26,500,000
2014 Development Project
Business Acquisition [Line Items]
Number of land parcels (land_parcel) | land_parcel	1
Rentable space (sqft) | ft²	1,600,000
Aggregate purchase price | $	$ 23.9
Total investment in development project | $	$ 102.8

Real Estate Investments (Escrow

Real Estate Investments (Escrowed Funds for Acquisition of Real Estate Investments) (Details)	12 Months Ended
	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)property
Business Combinations [Abstract]
Business combination, initial agreement, number of businesses acquired (property) | property			2
Escrowed funds for acquisition of real estate investment	$ 0	$ 0	$ 70,254,000
Escrow deposit			$ 0

Real Estate Investments (Consol

Real Estate Investments (Consolidated Joint Venture) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Business Acquisition [Line Items]
Assets	$ 4,624,335	$ 4,582,199
Real Estate Investment Property, at Cost	4,923,778	4,719,082
Real Estate Investment Property, Accumulated Depreciation	389,768	253,115
Liabilities	2,357,566	$ 2,195,084
Corporate Joint Venture
Business Acquisition [Line Items]
Assets	53,800
Real Estate Investment Property, at Cost	53,300
Real Estate Investment Property, Accumulated Depreciation	3,600
Liabilities	$ 739

Intangible Lease Assets (Schedu

Intangible Lease Assets (Schedule of Finite-lived Intangible Assets) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets, Net [Abstract]
Intangible lease assets	$ 408,806	$ 439,167
In-place leases
Finite-Lived Intangible Assets, Net [Abstract]
Intangible lease assets	364,038	391,868
Accumulated amortization of intangible lease assets	$ 125,620	$ 81,856
Finitel-lived intangible asset, useful life	10 years 8 months 12 days	11 years 8 months 12 days
Amortization of intangible assets	$ 45,900	$ 41,600	$ 29,600
Above market leases
Finite-Lived Intangible Assets, Net [Abstract]
Intangible lease assets	44,768	47,299
Accumulated amortization of intangible lease assets	$ 18,723	$ 12,454
Finitel-lived intangible asset, useful life	8 years 11 months 6 days	10 years 1 month 6 days
Amortization of intangible assets	$ 6,600	$ 6,400	$ 4,400

Intangible Lease Assets (Sche59

Intangible Lease Assets (Schedule of Finite-lived Intangible Assets, Future Amortization Expense) (Details) $ in Thousands	Dec. 31, 2016USD ($)
Acquired in-place leases
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2,017	$ 42,993
2,018	39,977
2,019	36,115
2,020	33,824
2,021	31,244
Above market leases
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2,017	6,829
2,018	5,885
2,019	4,775
2,020	4,202
2,021	$ 3,795

Derivative Instruments and He60

Derivative Instruments and Hedging Activities (Narrative) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)derivative	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Derivative [Line Items]
Amount of loss reclassified from other comprehensive income (loss) into income as interest expense	$ 8,757	$ 6,485	$ 5,241
Interest rate cash flow hedge gain (loss) to be reclassified during next 12 months	$ 3,900
Interest Rate Swaps | Cash flow hedging
Derivative [Line Items]
Number of derivative instruments entered into (derivative) | derivative	3
Derivative, number of instruments held (derivative) | derivative	11
Derivative liability, event of default, termination amount	$ 3,700

Derivative Instruments and He61

Derivative Instruments and Hedging Activities (Schedule of Derivative Instruments) (Details) - Cash flow hedging - Interest Rate Swaps - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Derivative assets, prepaid expenses, property escrow deposits and other assets
Derivatives, Fair Value [Line Items]
Outstanding Notional Amount	$ 440,066
Derivative asset fair value	$ 2,327	$ 519
Derivative assets, prepaid expenses, property escrow deposits and other assets | Minimum
Derivatives, Fair Value [Line Items]
Interest Rate	2.55%
Derivative assets, prepaid expenses, property escrow deposits and other assets | Maximum
Derivatives, Fair Value [Line Items]
Interest Rate	3.91%
Deferred rental income, derivative liabilities and other liabilities
Derivatives, Fair Value [Line Items]
Outstanding Notional Amount	$ 588,737
Derivative liability fair value	$ (3,351)	$ (5,878)
Deferred rental income, derivative liabilities and other liabilities | Minimum
Derivatives, Fair Value [Line Items]
Interest Rate	3.10%
Deferred rental income, derivative liabilities and other liabilities | Maximum
Derivatives, Fair Value [Line Items]
Interest Rate	4.75%

Notes Payable And Credit Faci62

Notes Payable And Credit Facility (Schedule of Debt) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)
Debt Instrument [Line Items]
Debt instrument, weighted average years to maturity	3 years 4 months 20 days
Debt, weighted average interest rate	3.50%
Short-Term and Long-Term Debt [Roll Forward]
Long-term debt, gross, beginning balance	$ 2,077,794
Net premiums, beginning of the period	590
Deferred costs, beginning of period	(11,821)
Total debt, net beginning of period	2,066,563
Debt Issuance and Assumptions	493,420
Payments of deferred costs	(3,522)
Proceeds from debt, bet of issuance costs	489,898
Repayments	(313,426)
Amortization of premium	(84)
Amortization of deferred financing costs	3,308
Accretion and (Amortization)	3,224
Long-term debt, gross, ending balance	2,257,788
Net premiums, end of the period	506
Deferred costs, end of period	(12,035)
Total debt, net end of period	2,246,259
Fixed rate debt
Short-Term and Long-Term Debt [Roll Forward]
Long-term debt, gross, beginning balance	896,628
Debt Issuance and Assumptions	268,420
Repayments	(426)
Long-term debt, gross, ending balance	$ 1,164,622
Variable Rate Debt
Debt Instrument [Line Items]
Debt, weighted average interest rate	3.30%
Short-Term and Long-Term Debt [Roll Forward]
Long-term debt, gross, beginning balance	$ 53,500
Debt Issuance and Assumptions	0
Repayments	0
Long-term debt, gross, ending balance	53,500
Line of Credit
Short-Term and Long-Term Debt [Roll Forward]
Long-term debt, gross, beginning balance	1,127,666
Debt Issuance and Assumptions	225,000
Repayments	(313,000)
Long-term debt, gross, ending balance	$ 1,039,666

Notes Payable And Credit Faci63

Notes Payable And Credit Facility (Fixed rate debt) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Long-term debt	$ 2,257,788	$ 2,077,794
Debt, weighted average interest rate	3.50%
Fixed rate debt
Debt Instrument [Line Items]
Long-term debt	$ 1,164,622	896,628
Debt instrument, collateral amount	2,100,000
Variable Rate Debt
Debt Instrument [Line Items]
Long-term debt	53,500	$ 53,500
Debt instrument, collateral amount	$ 106,800
Debt, weighted average interest rate	3.30%
Minimum | Fixed rate debt
Debt Instrument [Line Items]
Stated interest rate (percentage)	2.60%
Maximum | Fixed rate debt
Debt Instrument [Line Items]
Stated interest rate (percentage)	4.98%
Interest Rate Swaps | Variable Rate Debt
Debt Instrument [Line Items]
Long-term debt	$ 217,100

Notes Payable And Credit Faci64

Notes Payable And Credit Facility (Credit Facility)(Details)	12 Months Ended
	Dec. 31, 2016USD ($)
Debt Instrument [Line Items]
Debt, weighted average interest rate	3.50%
JPMorgan Chase Bank, N.A. | Line of Credit
Debt Instrument [Line Items]
Line of credit, maximum borrowing capacity	$ 1,280,000,000
Long-term line of credit	$ 1,000,000,000
Debt, weighted average interest rate	3.10%
Line of credit, current borrowing capacity	$ 240,300,000
Line of credit facility, covenant, minimum consolidated net worth	$ 2,000,000,000
Line of credit facility, covenant, minimum consolidated net worth, percentage of equity issuance	75.00%
Debt instrument, covenant, fixed charge coverage ratio	1.50
JPMorgan Chase Bank, N.A. | Line of Credit | Federal funds rate plus
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	0.50%
JPMorgan Chase Bank, N.A. | Line of Credit | One-Month LIBOR
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1.00%
JPMorgan Chase Bank, N.A. | Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit, maximum borrowing capacity	$ 643,333,667
Long-term line of credit	403,000,000
JPMorgan Chase Bank, N.A. | Line of Credit | Revolving Credit Facility | Interest Rate Swaps
Debt Instrument [Line Items]
Long-term line of credit	$ 250,000,000
Debt, weighted average interest rate	3.10%
JPMorgan Chase Bank, N.A. | Line of Credit | Term loan
Debt Instrument [Line Items]
Line of credit, maximum borrowing capacity	$ 636,666,333
Long-term line of credit	636,700,000
JPMorgan Chase Bank, N.A. | Line of Credit | Term loan | Interest Rate Swaps
Debt Instrument [Line Items]
Long-term line of credit	$ 561,700,000
Debt, weighted average interest rate	3.20%
JPMorgan Chase Bank, N.A. | Line of Credit | Minimum
Debt Instrument [Line Items]
Stated interest rate (percentage)	0.65%
Line of credit facility, covenant, unsecured debt service coverage ratio	175.00%
JPMorgan Chase Bank, N.A. | Line of Credit | Minimum | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Derivative, basis spread on variable rate	1.65%
JPMorgan Chase Bank, N.A. | Line of Credit | Maximum
Debt Instrument [Line Items]
Stated interest rate (percentage)	1.50%
Line of credit facility, covenant, leverage ratio	60.00%
Debt instrument, covenant, unsecured debt to unencumbered asset value ratio	60.00%
Line of credit facility, covenant, secured debt ratio	40.00%
JPMorgan Chase Bank, N.A. | Line of Credit | Maximum | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Derivative, basis spread on variable rate	2.50%

Notes Payable And Credit Faci65

Notes Payable And Credit Facility (Schedule of Maturities of Long-term Debt) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Debt Disclosure [Abstract]
2,017	$ 403,451
2,018	693,877
2,019	49,799
2,020	333,215
2,021	100,602
Thereafter	676,844
Total	$ 2,257,788	$ 2,077,794

Intangible Lease Liabilities (D

Intangible Lease Liabilities (Details) - Intangible lease liabilities - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Finite-Lived Intangible Liabilities, Net [Abstract]
Acquired below-market leases, net of accumulated amortization	$ 49,075	$ 53,822
Amortization of intangible liabilities	7,800	7,600	$ 6,600
Accumulated amortization	$ 23,241	$ 15,641
Useful life	7 years 9 months 18 days	8 years 9 months 18 days
Finite-Lived Intangible Liabilities, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2,017	$ 7,887
2,018	7,500
2,019	6,629
2,020	5,835
2,021	$ 4,390

Supplemental Cash Flow Disclo67

Supplemental Cash Flow Disclosures (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Supplemental Cash Flow Elements [Abstract]
Distributions declared and unpaid	$ 16,498	$ 16,568	$ 16,189
Accrued capital expenditures	675	2,741	7,721
Common stock issued through distribution reinvestment plan	109,166	112,158	104,261
Change in fair value of interest rate swaps	4,335	(1,302)	(1,805)
Contingent consideration recorded upon property acquisitions	332	2,880	5,342
Fair value of notes payable assumed in real estate acquisition	0	15,233	25,979
Consolidation of real estate joint venture	18,305	0	0
Supplemental Cash Flow Disclosures:
Interest paid	$ 74,034	$ 54,388	$ 31,159

Commitments and Contingencies (

Commitments and Contingencies (Purchase Commitments) (Details)	12 Months Ended
	Dec. 31, 2016USD ($)property	Dec. 31, 2014USD ($)
Unrecorded Unconditional Purchase Obligation [Line Items]
Escrow deposit, property acquisition		$ 0
Capital addition purchase commitments
Unrecorded Unconditional Purchase Obligation [Line Items]
Ownership interest acquired (percent)	100.00%
Number of businesses acquired (property) | property	1
Aggregate purchase price	$ 10,100,000
Escrow deposit, property acquisition	$ 250,000

Related Party Transactions and

Related Party Transactions and Arrangements (Selling commissions and dealer manager fees) (Details) - Dealer manager	Dec. 31, 2016
Selling commissions
Related Party Transaction [Line Items]
Expenses from transactions with related party, percentage of gross offering proceeds (percent)	7.00%
Related party transaction, expense re-allowed (percent)	100.00%
Dealer manager fees
Related Party Transaction [Line Items]
Expenses from transactions with related party, percentage of gross offering proceeds (percent)	2.00%

Related Party Transactions an70

Related Party Transactions and Arrangements (Other organization and offering expense) (Details)	Dec. 31, 2016
Advisors | Other organization and offering expenses
Related Party Transaction [Line Items]
Expenses from transactions with related party, percentage of gross offering proceeds (percent)	2.00%

Related Party Transactions an71

Related Party Transactions and Arrangements (Acquisition fees and expenses) (Details) - Maximum - Advisors	Dec. 31, 2016
Acquisition Fee
Related Party Transaction [Line Items]
Expenses from transactions with related party, percent of contract price (percent)	2.00%
Acquisition fees and expenses
Related Party Transaction [Line Items]
Expenses from transactions with related party, percent of contract price (percent)	6.00%

Related Party Transactions an72

Related Party Transactions and Arrangements (Advisory fees and expenses) (Details) - Advisors	Dec. 31, 2016USD ($)
Average invested assets between $0 to $2 billion | Advisory Fee
Related Party Transaction [Line Items]
Expense from transactions with related party, percentage of average invested assets (percent)	0.75%
Average invested assets between $2 billion to $4 billion | Advisory Fee
Related Party Transaction [Line Items]
Expense from transactions with related party, percentage of average invested assets (percent)	0.70%
Average invested assets over $4 billion | Advisory Fee
Related Party Transaction [Line Items]
Expense from transactions with related party, percentage of average invested assets (percent)	0.65%
Minimum | Average invested assets between $0 to $2 billion
Related Party Transaction [Line Items]
Average invested assets	$ 0
Minimum | Average invested assets between $2 billion to $4 billion
Related Party Transaction [Line Items]
Average invested assets	2,000,000,000
Minimum | Average invested assets over $4 billion
Related Party Transaction [Line Items]
Average invested assets	4,000,000,000
Maximum | Average invested assets between $0 to $2 billion
Related Party Transaction [Line Items]
Average invested assets	2,000,000,000
Maximum | Average invested assets between $2 billion to $4 billion
Related Party Transaction [Line Items]
Average invested assets	$ 4,000,000,000

Related Party Transactions an73

Related Party Transactions and Arrangements (Operating expenses) (Details) - Maximum - Advisors - Operating expenses	Dec. 31, 2016
Related Party Transaction [Line Items]
Operating expense reimbursement (percent)	2.00%
Operating expense reimbursement percent of net income (percent)	25.00%

Related Party Transactions an74

Related Party Transactions and Arrangements (Disposition fees) (Details) - Advisors - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Disposition Fee for Sale of Real Estate
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party	$ 0	$ 0	$ 0
Maximum | Disposition Fee for Sale of Real Estate
Related Party Transaction [Line Items]
Expenses from transactions with related party, percent of contract price (percent)	1.00%
Maximum | Brokerage Commissions And Disposition Fees
Related Party Transaction [Line Items]
Commissions performance and other fees (percent)	50.00%
Expenses from transactions with related party, percent of contract price (percent)	6.00%

Related Party Transactions an75

Related Party Transactions and Arrangements (Subordinated performance fees) (Details) - Advisors	Dec. 31, 2016
Related Party Transaction [Line Items]
Cumulative noncompounded annual return (percent)	8.00%
Subordinate Performance Fees for Listing
Related Party Transaction [Line Items]
Expense from transactions (percent)	15.00%
Subordinate Performance Fee in Event of Liquidation
Related Party Transaction [Line Items]
Expense from transactions (percent)	15.00%

Related Party Transactions an76

Related Party Transactions and Arrangements (Schedule of related party transaction) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Related Party Transaction [Line Items]
Due to affiliates	$ 5,333	$ 5,613
Commissions, Fees and Expense Reimbursements [Member] | Advisors
Related Party Transaction [Line Items]
Due to affiliates	5,300	5,600
Selling commissions | Advisors
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party	0	0	$ 55,921
Dealer manager fees | Advisors
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party	0	0	16,780
Other offering costs | Advisors
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party	0	0	7,277
Acquisition fees and expenses | Advisors
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party	4,960	13,311	38,483
Advisory fees and expenses | Advisors
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party	41,926	36,225	24,152
Operating expenses | Advisors
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party	$ 4,119	$ 4,568	$ 3,383

Related Party Transactions an77

Related Party Transactions and Arrangements (Due to/from Affiliates Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Related Party Transaction [Line Items]
Due from affiliates	$ 58	$ 47
Affiliated Entity
Related Party Transaction [Line Items]
Due to Related Parties	$ 5,300	$ 5,600

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Details) - USD ($)	Aug. 11, 2010	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Apr. 04, 2014	Nov. 13, 2016	Sep. 30, 2015	Feb. 18, 2014	Dec. 31, 2013	Dec. 19, 2013
Class of Stock [Line Items]
Common stock, par value (USD per share)		$ 0.01	$ 0.01
Common stock, shares authorized (shares)		490,000,000	490,000,000						490,000,000
Preferred stock, shares authorized (shares)		10,000,000	10,000,000						10,000,000
Common Stock
Class of Stock [Line Items]
Issuance of common stock (shares)	20,000	11,234,006	11,745,917	95,036,480
Share price (USD per share)	$ 10
Distribution reinvestment plan
Class of Stock [Line Items]
Common stock shares registered dividend reinvestment plan, value		$ 600,000,000		$ 247,000,000	$ 247,000,000					$ 247,000,000
Common stock, par value (USD per share)		$ 0.01
Common stock, shares authorized (shares)								5,500,000
Issuance of common stock (shares)					5,100,000
Share price (USD per share)		$ 9.50				$ 9.70	$ 9.50	$ 9.50

Stockholders' Equity (Distribut

Stockholders' Equity (Distribution Reinvestment Plan) (Details) - USD ($) $ / shares in Units, $ in Thousands, shares in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Mar. 28, 2017	Nov. 13, 2016	Sep. 30, 2016	Sep. 30, 2015	Feb. 18, 2014
Class of Stock [Line Items]
NAV per share (USD per share)	$ 10.08
Common stock issued through distribution reinvestment plan	$ 109,166	$ 112,158	$ 104,261
Distribution reinvestment plan
Class of Stock [Line Items]
Share price (USD per share)	$ 9.50				$ 9.70		$ 9.50	$ 9.50
NAV per share (USD per share)	$ 10.08					$ 9.92	$ 9.70
Dividend reinvestment plan, termination notice period	10 days
Shares issued pursuant to a distribution reinvestment plan (in shares)	11.2	11.7	11
Common stock issued through distribution reinvestment plan	$ 109,200	$ 112,200	$ 104,300
Forecast | Distribution reinvestment plan
Class of Stock [Line Items]
Share price (USD per share)				$ 10.08
Forecast | Subsequent Event | Distribution reinvestment plan
Class of Stock [Line Items]
Share price (USD per share)				$ 10.08

Stockholders' Equity (Share Red

Stockholders' Equity (Share Redemption Program) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Nov. 13, 2016	Sep. 30, 2016	Sep. 30, 2015	Aug. 31, 2015	Feb. 18, 2014
Equity, Class of Treasury Stock [Line Items]
NAV per share (USD per share)	$ 10.08	$ 10.08
Redemptions of common stock		$ 110,655	$ 44,188	$ 10,849
Unfulfilled redemption requests (shares)	2,300,000
Distribution reinvestment plan
Equity, Class of Treasury Stock [Line Items]
NAV per share (USD per share)	$ 10.08	$ 10.08				$ 9.92	$ 9.70
Share price (USD per share)	$ 9.50	$ 9.50			$ 9.70		$ 9.50		$ 9.50
The Share Redemption Program
Equity, Class of Treasury Stock [Line Items]
Stock repurchase program, required holding period		1 year
Stock redemption program, plan redemption price per share, percentage of amount paid per share, after two year (percent)		97.50%
Stock redemption program, plan redemption price per share, percentage of amount paid per share, after three year (percent)		100.00%
NAV per share (USD per share)			$ 9.70			$ 9.92		$ 10
Stock repurchase program, termination notice period		30 days
Stock repurchased and retired during period, shares		11,500,000	4,600,000	1,100,000
Redemptions of common stock		$ 110,700	$ 44,200	$ 10,600
Unfulfilled redemption requests (shares)		3,600,000
The Share Redemption Program | Maximum
Equity, Class of Treasury Stock [Line Items]
Stock redemption program, number of shares authorized to be repurchased, percentage of weighted average number of shares outstanding (percent)		5.00%
Stock repurchase program, number of shares authorized to be repurchased per quarter, prior year percentage of weighted average number of shares outstanding (percent)		1.25%
Stock redemption program, redemption priority, shares		250
The Share Redemption Program | Distribution reinvestment plan
Equity, Class of Treasury Stock [Line Items]
DRIP portion of the Offering as a percentage of most recent estimated value of each share (percent)		100.00%

Stockholders' Equity (Distrib81

Stockholders' Equity (Distributions Payable and Distribution Policy) (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Subsequent Event
Dividend, common stock and preferred stock, number of days in the calendar year for the daily distribution		366 days
Common stock, dividends, daily amount per share authorized (USD per share)		$ 0.0017067760
Distributions payable		$ 16,498	$ 16,568	$ 16,189
Forecast | Subsequent Event
Subsequent Event
Dividend, common stock and preferred stock, number of days in the calendar year for the daily distribution	365 days
Common stock, dividends, daily amount per share authorized (USD per share)	$ 0.001711452

Income Taxes (Details)

Income Taxes (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Ordinary dividends (percent)	53.00%	58.00%	47.00%
Nondividend distributions (percent)	46.00%	42.00%	53.00%
Capital gain distributions (percent)	1.00%	0.00%	0.00%
Total (percent)	100.00%	100.00%	100.00%
State and local income tax and franchise tax expense (benefit), continuing operations	$ 1,200,000	$ 2,200,000	$ 1,300,000
Unrecognized tax benefits	$ 0	$ 0

Operating Leases (Details)

Operating Leases (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)
Leases [Abstract]
Operating leases of lessor, weighted average remaining lease term	9 years 10 months 24 days
2,017	$ 350,394
2,018	341,375
2,019	324,354
2,020	311,907
2,021	295,443
Thereafter	1,998,244
Total future minimum rental income	$ 3,621,717

Quarterly Results (Unaudited)84

Quarterly Results (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]
Revenues	$ 104,511	$ 101,796	$ 100,597	$ 100,547	$ 97,052	$ 94,188	$ 90,528	$ 85,963	$ 407,451	$ 367,731	$ 256,282
Acquisition-related fees and expenses	599	1,417	1,803	372	3,741	2,518	3,882	5,385	4,191	15,526	51,763
Operating income	35,042	37,314	38,153	38,675	29,247	34,696	31,862	28,395	149,184	124,200	45,430
Net income	14,852	18,128	18,945	20,054	13,117	18,485	17,293	15,998	71,979	64,893	11,170
Net income attributable to the Company	$ 14,814	$ 18,096	$ 18,912	$ 20,020	$ 13,079	$ 18,452	$ 17,225	$ 16,015	$ 71,842	$ 64,771	$ 11,190
Basic and diluted net income per common share (USD per share)	$ 0.05	$ 0.06	$ 0.06	$ 0.06	$ 0.04	$ 0.06	$ 0.06	$ 0.05	$ 0.23	$ 0.21	$ 0.04
Distributions declared per common share (USD per share)	$ 0.157	$ 0.157	$ 0.156	$ 0.155	$ 0.158	$ 0.158	$ 0.155	$ 0.154	$ 0.625	$ 0.625	$ 0.625

Subsequent Events - (Details)

Subsequent Events - (Details)	Mar. 28, 2017USD ($)$ / shares	Mar. 27, 2017USD ($)shares	Mar. 28, 2017USD ($)$ / sharesshares	Mar. 24, 2017USD ($)property	Dec. 31, 2016USD ($)$ / sharesshares	Dec. 31, 2016USD ($)$ / shares	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Nov. 13, 2016$ / shares	Sep. 30, 2016$ / shares	Sep. 30, 2015$ / shares	Feb. 18, 2014$ / shares
Subsequent Event
Redemptions of common stock						$ 110,655,000	$ 44,188,000	$ 10,849,000
Unfulfilled redemption requests (shares) | shares					2,300,000
NAV per share (USD per share) | $ / shares					$ 10.08	$ 10.08
Subsequent Event
Subsequent Event
Redemptions and cancellations of common stock (shares) | shares			2,700,000
Redemptions of common stock			$ 27,100,000
Common stock average redemption price per share | $ / shares			$ 9.91
Number of businesses acquired (property) | property				4
Aggregate purchase price				$ 55,400,000
JPMorgan Chase Bank, N.A. | Line of Credit
Subsequent Event
Line of credit, maximum borrowing capacity					$ 1,280,000,000	$ 1,280,000,000
JPMorgan Chase Bank, N.A. | Line of Credit | Term loan
Subsequent Event
Line of credit, maximum borrowing capacity					636,666,333	636,666,333
JPMorgan Chase Bank, N.A. | Line of Credit | Revolving Credit Facility
Subsequent Event
Line of credit, maximum borrowing capacity					$ 643,333,667	$ 643,333,667
JPMorgan Chase Bank, N.A. | Subsequent Event | Line of Credit
Subsequent Event
Line of credit, maximum borrowing capacity	$ 1,400,000,000		$ 1,400,000,000
JPMorgan Chase Bank, N.A. | Subsequent Event | Line of Credit | Term loan
Subsequent Event
Line of credit, maximum borrowing capacity	1,050,000,000		1,050,000,000
JPMorgan Chase Bank, N.A. | Subsequent Event | Line of Credit | Revolving Credit Facility
Subsequent Event
Line of credit, maximum borrowing capacity	350,000,000		$ 350,000,000
Distribution reinvestment plan
Subsequent Event
NAV per share (USD per share) | $ / shares					$ 10.08	$ 10.08				$ 9.92	$ 9.70
Share price (USD per share) | $ / shares					$ 9.50	$ 9.50			$ 9.70		$ 9.50	$ 9.50
Distribution reinvestment plan | Subsequent Event
Subsequent Event
Redemptions and cancellations of common stock (shares) | shares		0
Reinvested distributions	$ 0	$ 0
Forecast | Distribution reinvestment plan
Subsequent Event
Share price (USD per share) | $ / shares	$ 10.08		$ 10.08
Forecast | Distribution reinvestment plan | Subsequent Event
Subsequent Event
Share price (USD per share) | $ / shares	$ 10.08		$ 10.08

Schedule III - Real Estate As86

Schedule III - Real Estate Assets and Accumulated Depreciation - 1 (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 1,218,122
Land	1,157,916
Buildings and Improvements	3,133,832
Total Adjustment to Basis	78,881
Gross Amount at Which Carried At December 31, 2016	4,370,629	$ 4,185,605	$ 3,590,939	$ 1,960,708
Accumulated Depreciation	245,425	$ 158,805	$ 78,186	$ 23,377
24 Hour Fitness: | Beaverton, OR
Real Estate and Accumulated Depreciation [Line Items]
Land	2,609
Buildings and Improvements	9,974
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	12,583
Accumulated Depreciation	572
24 Hour Fitness: | Fort Worth, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,519
Buildings and Improvements	7,449
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	8,968
Accumulated Depreciation	648
Aaron's Rents: | Hillsboro , OH
Real Estate and Accumulated Depreciation [Line Items]
Land	279
Buildings and Improvements	829
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,108
Accumulated Depreciation	91
Aaron's Rents: | Mountain Home, AR
Real Estate and Accumulated Depreciation [Line Items]
Land	183
Buildings and Improvements	872
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,055
Accumulated Depreciation	28
Aaron's Rents: | Wilmington, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	249
Buildings and Improvements	1,134
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,383
Accumulated Depreciation	64
Academy Sports: | Clarksville, TN
Real Estate and Accumulated Depreciation [Line Items]
Land	1,811
Buildings and Improvements	6,603
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	8,414
Accumulated Depreciation	455
Academy Sports: | Cookeville, TN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	49,300
Land	0
Buildings and Improvements	23,847
Total Adjustment to Basis	73,371
Gross Amount at Which Carried At December 31, 2016	97,218
Accumulated Depreciation	2,616
Academy Sports: | Douglasville, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,360
Buildings and Improvements	8,593
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	9,953
Accumulated Depreciation	585
Academy Sports: | Flowood, MS
Real Estate and Accumulated Depreciation [Line Items]
Land	1,534
Buildings and Improvements	7,864
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	9,398
Accumulated Depreciation	574
Academy Sports: | McDonough, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,846
Buildings and Improvements	5,626
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	7,472
Accumulated Depreciation	423
Academy Sports: | Valdosta, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,838
Land	2,482
Buildings and Improvements	5,922
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	8,404
Accumulated Depreciation	639
Advance Auto: | Corydon, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	190
Buildings and Improvements	1,219
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,409
Accumulated Depreciation	140
Advance Auto: | Dearborn Heights, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	385
Buildings and Improvements	1,090
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,475
Accumulated Depreciation	92
Advance Auto: | Decatur, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	606
Buildings and Improvements	1,053
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,659
Accumulated Depreciation	89
Advance Auto: | Lake Geneva, WI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,062
Land	381
Buildings and Improvements	1,181
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,562
Accumulated Depreciation	120
Advance Auto: | Lawton, OK
Real Estate and Accumulated Depreciation [Line Items]
Land	387
Buildings and Improvements	1,000
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,387
Accumulated Depreciation	43
Advance Auto: | Mattoon, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	261
Buildings and Improvements	1,063
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,324
Accumulated Depreciation	28
Advance Auto: | Mt. Pleasant, IA
Real Estate and Accumulated Depreciation [Line Items]
Land	122
Buildings and Improvements	1,069
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,191
Accumulated Depreciation	88
Advance Auto: | North Ridgeville, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	218
Buildings and Improvements	1,284
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,502
Accumulated Depreciation	154
Advance Auto: | Rutherfordton, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	220
Buildings and Improvements	944
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,164
Accumulated Depreciation	81
Advance Auto: | Starkville, MS
Real Estate and Accumulated Depreciation [Line Items]
Land	447
Buildings and Improvements	756
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,203
Accumulated Depreciation	98
Advance Auto: | Willmar, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	200
Buildings and Improvements	1,279
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,479
Accumulated Depreciation	58
Albany Square: | Albany, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,600
Land	1,606
Buildings and Improvements	7,113
Total Adjustment to Basis	300
Gross Amount at Which Carried At December 31, 2016	9,019
Accumulated Depreciation	694
Almeda Crossing: | Houston, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	4,738
Buildings and Improvements	26,245
Total Adjustment to Basis	325
Gross Amount at Which Carried At December 31, 2016	31,308
Accumulated Depreciation	1,705
Amazon: | Lebanon, TN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	33,000
Land	1,934
Buildings and Improvements	56,286
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	58,220
Accumulated Depreciation	3,320
Applebee's | Greenville, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	672
Buildings and Improvements	1,737
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,409
Accumulated Depreciation	111
Applebee's | Lithonia, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,234
Buildings and Improvements	2,613
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,847
Accumulated Depreciation	182
Applebee's | Savannah, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	818
Buildings and Improvements	1,686
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,504
Accumulated Depreciation	116
At Home | Kissimmee, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	2,512
Buildings and Improvements	5,594
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	8,106
Accumulated Depreciation	55
AutoZone: | Philipburg, PA
Real Estate and Accumulated Depreciation [Line Items]
Land	152
Buildings and Improvements	1,304
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,456
Accumulated Depreciation	155
AutoZone: | Poughkeepsie, NY
Real Estate and Accumulated Depreciation [Line Items]
Land	699
Buildings and Improvements	1,356
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,055
Accumulated Depreciation	50
AutoZone: | Sheffield, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	815
Buildings and Improvements	0
Total Adjustment to Basis	770
Gross Amount at Which Carried At December 31, 2016	1,585
Accumulated Depreciation	23
Bass Pro Shops | Tallahassee, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	945
Buildings and Improvements	5,713
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	6,658
Accumulated Depreciation	545
Beavercreek Shopping Center: | Beavercreek, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	17,200
Land	5,504
Buildings and Improvements	25,178
Total Adjustment to Basis	537
Gross Amount at Which Carried At December 31, 2016	31,219
Accumulated Depreciation	2,273
Bed Bath & Beyond/Golf Smith: | Schaumburg, IL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,300
Land	4,786
Buildings and Improvements	6,149
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	10,935
Accumulated Depreciation	805
Benihana: | Golden Valley, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	1,510
Buildings and Improvements	2,934
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,444
Accumulated Depreciation	334
Benihana: | Lauderdale by the Sea, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	2,181
Buildings and Improvements	2,014
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,195
Accumulated Depreciation	235
Benihana: | Lombard, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	1,390
Buildings and Improvements	2,343
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,733
Accumulated Depreciation	318
Benihana: | Woodlands, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,151
Buildings and Improvements	968
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,119
Accumulated Depreciation	115
Big Lots: | San Angelo, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,043
Buildings and Improvements	1,947
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,990
Accumulated Depreciation	311
Big Lots: | Waco, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,069
Buildings and Improvements	1,326
Total Adjustment to Basis	56
Gross Amount at Which Carried At December 31, 2016	2,451
Accumulated Depreciation	230
Biolife Plasma Services: | Bellingham, WA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	2,397
Buildings and Improvements	6,264
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	8,661
Accumulated Depreciation	390
Biolife Plasma Services: | Grandville, MI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	959
Buildings and Improvements	4,791
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,750
Accumulated Depreciation	276
Biolife Plasma Services: | Loveland, CO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	651
Buildings and Improvements	5,645
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	6,296
Accumulated Depreciation	320
Biolife Plasma Services: | Bloomington, IN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	696
Buildings and Improvements	3,900
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,596
Accumulated Depreciation	259
Biolife Plasma Services: | Fort Wayne, IN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	660
Buildings and Improvements	3,749
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,409
Accumulated Depreciation	250
Biolife Plasma Services: | St. Cloud, MN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	889
Buildings and Improvements	3,633
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,522
Accumulated Depreciation	265
Biolife Plasma Services: | St. George, UT
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	1,195
Buildings and Improvements	5,561
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	6,756
Accumulated Depreciation	267
Biolife Plasma Services: | Waterloo, IA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	489
Buildings and Improvements	3,380
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,869
Accumulated Depreciation	251
Biolife Plasma Services: | West Fargo, ND
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	1,379
Buildings and Improvements	5,052
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	6,431
Accumulated Depreciation	255
Bojangles: | Pelham, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	219
Buildings and Improvements	1,216
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,435
Accumulated Depreciation	83
Boston Commons: | Springfield, MA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,400
Land	3,101
Buildings and Improvements	7,042
Total Adjustment to Basis	89
Gross Amount at Which Carried At December 31, 2016	10,232
Accumulated Depreciation	481
Bottom Dollar Grocery: | Ambridge, PA
Real Estate and Accumulated Depreciation [Line Items]
Land	519
Buildings and Improvements	2,985
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,504
Accumulated Depreciation	240
Brownsville Plaza: | Baldwin, PA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	627
Buildings and Improvements	2,702
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,329
Accumulated Depreciation	228
Bryan Crossing: | Kodak, TN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,958
Land	863
Buildings and Improvements	6,523
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	7,386
Accumulated Depreciation	408
Buffalo Wild Wings: | Idaho Falls, ID
Real Estate and Accumulated Depreciation [Line Items]
Land	712
Buildings and Improvements	1,336
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,048
Accumulated Depreciation	83
Buffalo Wild Wings: | Warrenville, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	1,208
Buildings and Improvements	1,420
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,628
Accumulated Depreciation	180
Buffalo Wild Wings: | Woodridge, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	1,139
Buildings and Improvements	1,484
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,623
Accumulated Depreciation	187
Caliber Collision Center: | Frisco, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,484
Buildings and Improvements	2,038
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,522
Accumulated Depreciation	134
Caliber Collision Center: | Las Cruces, NM
Real Estate and Accumulated Depreciation [Line Items]
Land	673
Buildings and Improvements	1,949
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,622
Accumulated Depreciation	138
Caliber Collision Center: | Midwest City, OK
Real Estate and Accumulated Depreciation [Line Items]
Land	259
Buildings and Improvements	1,165
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,424
Accumulated Depreciation	87
Caliber Collision Center: | Denver, CO
Real Estate and Accumulated Depreciation [Line Items]
Land	855
Buildings and Improvements	658
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,513
Accumulated Depreciation	43
Caliber Collision Center: | San Antonio, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	622
Buildings and Improvements	832
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,454
Accumulated Depreciation	54
Caliber Collision Center: | Wylie, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	816
Buildings and Improvements	2,690
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,506
Accumulated Depreciation	145
Canton Marketplace: | Canton, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	32,000
Land	8,310
Buildings and Improvements	48,667
Total Adjustment to Basis	930
Gross Amount at Which Carried At December 31, 2016	57,907
Accumulated Depreciation	6,058
Carlisle Crossing: | Carlisle, PA
Real Estate and Accumulated Depreciation [Line Items]
Land	4,491
Buildings and Improvements	15,817
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	20,308
Accumulated Depreciation	1,218
Canarsie Plaza: | Brooklyn, NY
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	75,000
Land	37,970
Buildings and Improvements	71,267
Total Adjustment to Basis	790
Gross Amount at Which Carried At December 31, 2016	110,027
Accumulated Depreciation	7,334
Century Plaza: | Orlando, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	3,094
Buildings and Improvements	6,178
Total Adjustment to Basis	731
Gross Amount at Which Carried At December 31, 2016	10,003
Accumulated Depreciation	602
Chase: | Hanover Township, NJ
Real Estate and Accumulated Depreciation [Line Items]
Land	2,192
Buildings and Improvements	0
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,192
Accumulated Depreciation	0
Chestnut Square: | Brevard, NC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,727
Land	425
Buildings and Improvements	5,037
Total Adjustment to Basis	6
Gross Amount at Which Carried At December 31, 2016	5,468
Accumulated Depreciation	492
Chili's: | Forest City, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	233
Buildings and Improvements	1,936
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,169
Accumulated Depreciation	112
Coosa Town Center: | Gadsden, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	3,246
Buildings and Improvements	7,799
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	11,045
Accumulated Depreciation	702
Cost Plus World Market: | Kansas City, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	1,378
Buildings and Improvements	2,396
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,774
Accumulated Depreciation	359
Costco: | Tallahassee, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,146
Land	9,497
Buildings and Improvements	0
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	9,497
Accumulated Depreciation	0
Cottonwood Commons: | Albuquerque, NM
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	19,250
Land	4,986
Buildings and Improvements	28,881
Total Adjustment to Basis	84
Gross Amount at Which Carried At December 31, 2016	33,951
Accumulated Depreciation	2,640
Coventry Crossing: | Coventry , RI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	6,000
Land	3,462
Buildings and Improvements	5,899
Total Adjustment to Basis	43
Gross Amount at Which Carried At December 31, 2016	9,404
Accumulated Depreciation	563
Crosspoint: | Hagerstown, MD
Real Estate and Accumulated Depreciation [Line Items]
Land	12,285
Buildings and Improvements	14,359
Total Adjustment to Basis	(1,086)
Gross Amount at Which Carried At December 31, 2016	25,558
Accumulated Depreciation	1,096
Crossroads Annex: | Lafayette, LA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	1,659
Buildings and Improvements	7,091
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	8,750
Accumulated Depreciation	618
Crossroads Commons: | Plover, WI
Real Estate and Accumulated Depreciation [Line Items]
Land	1,000
Buildings and Improvements	4,515
Total Adjustment to Basis	75
Gross Amount at Which Carried At December 31, 2016	5,590
Accumulated Depreciation	460
CVS: | Hanover Township, NJ
Real Estate and Accumulated Depreciation [Line Items]
Land	4,746
Buildings and Improvements	0
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,746
Accumulated Depreciation	0
CVS: | Arnold, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	2,043
Buildings and Improvements	2,367
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,410
Accumulated Depreciation	185
CVS: | Asheville, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	1,108
Buildings and Improvements	1,084
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,192
Accumulated Depreciation	134
CVS: | Austin, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,076
Buildings and Improvements	3,475
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,551
Accumulated Depreciation	270
CVS: | Bainbridge, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	444
Buildings and Improvements	1,682
Total Adjustment to Basis	47
Gross Amount at Which Carried At December 31, 2016	2,173
Accumulated Depreciation	202
CVS: | Bloomington, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	1,620
Buildings and Improvements	2,957
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,577
Accumulated Depreciation	232
CVS: | Blue Springs, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	395
Buildings and Improvements	2,722
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,117
Accumulated Depreciation	213
CVS: | Bridgeton, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	2,056
Buildings and Improvements	2,362
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,418
Accumulated Depreciation	185
CVS: | Cartersville, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,547
Buildings and Improvements	0
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,547
Accumulated Depreciation	0
CVS: | Charleston, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	869
Buildings and Improvements	1,009
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,878
Accumulated Depreciation	125
CVS: | Chesapeake, VA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,044
Buildings and Improvements	3,053
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,097
Accumulated Depreciation	244
CVS: | Chicago, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	1,832
Buildings and Improvements	4,255
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	6,087
Accumulated Depreciation	403
CVS: | Cicero, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	487
Buildings and Improvements	3,099
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,586
Accumulated Depreciation	242
CVS: | Corpus Christi, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	648
Buildings and Improvements	2,557
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,205
Accumulated Depreciation	306
CVS: | Danville, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	424
Buildings and Improvements	2,105
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,529
Accumulated Depreciation	140
CVS: | Eminence, KY
Real Estate and Accumulated Depreciation [Line Items]
Land	872
Buildings and Improvements	2,511
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,383
Accumulated Depreciation	194
CVS: | Florence, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,735
Land	1,030
Buildings and Improvements	1,446
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,476
Accumulated Depreciation	143
CVS: | Goose Creek, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	1,022
Buildings and Improvements	1,980
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,002
Accumulated Depreciation	153
CVS: | Greenwood, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	912
Buildings and Improvements	3,549
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,461
Accumulated Depreciation	309
CVS: | Hazlet, NJ
Real Estate and Accumulated Depreciation [Line Items]
Land	3,047
Buildings and Improvements	3,610
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	6,657
Accumulated Depreciation	281
CVS: | Honesdale, PA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,206
Buildings and Improvements	3,342
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,548
Accumulated Depreciation	268
CVS: | Independence, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	359
Buildings and Improvements	2,242
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,601
Accumulated Depreciation	$ 176

Schedule III - Real Estate As87

Schedule III - Real Estate Assets and Accumulated Depreciation - 2 (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 1,218,122
Land	1,157,916
Buildings and Improvements	3,133,832
Total Adjustment to Basis	78,881
Gross Amount at Which Carried At December 31, 2016	4,370,629	$ 4,185,605	$ 3,590,939	$ 1,960,708
Accumulated Depreciation	245,425	$ 158,805	$ 78,186	$ 23,377
CVS: | Indianapolis, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	1,110
Buildings and Improvements	2,484
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,594
Accumulated Depreciation	194
CVS: | Irving, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	745
Buildings and Improvements	3,034
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,779
Accumulated Depreciation	328
CVS: | Jacksonville, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	2,182
Buildings and Improvements	3,817
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,999
Accumulated Depreciation	242
CVS: | Janesville, WI
Real Estate and Accumulated Depreciation [Line Items]
Land	736
Buildings and Improvements	2,545
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,281
Accumulated Depreciation	199
CVS: | Katy, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,149
Buildings and Improvements	2,462
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,611
Accumulated Depreciation	188
CVS: | Lincoln, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	2,534
Buildings and Improvements	3,014
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,548
Accumulated Depreciation	235
CVS: | London, KY
Real Estate and Accumulated Depreciation [Line Items]
Land	1,445
Buildings and Improvements	2,661
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,106
Accumulated Depreciation	225
CVS: | Middletown, NY
Real Estate and Accumulated Depreciation [Line Items]
Land	665
Buildings and Improvements	5,483
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	6,148
Accumulated Depreciation	423
CVS: | North Wilkesboro, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	332
Buildings and Improvements	2,369
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,701
Accumulated Depreciation	192
CVS: | Poplar Bluff, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	1,861
Buildings and Improvements	2,211
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,072
Accumulated Depreciation	174
CVS: | Salem, NH
Real Estate and Accumulated Depreciation [Line Items]
Land	3,456
Buildings and Improvements	2,351
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,807
Accumulated Depreciation	185
CVS: | San Antonio, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,893
Buildings and Improvements	1,848
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,741
Accumulated Depreciation	146
CVS: | Sand Springs, OK
Real Estate and Accumulated Depreciation [Line Items]
Land	1,765
Buildings and Improvements	2,283
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,048
Accumulated Depreciation	180
CVS: | Santa Fe, NM
Real Estate and Accumulated Depreciation [Line Items]
Land	2,243
Buildings and Improvements	4,619
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	6,862
Accumulated Depreciation	355
CVS: | Sedalia, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	466
Buildings and Improvements	2,318
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,784
Accumulated Depreciation	182
CVS: | St. John, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	1,546
Buildings and Improvements	2,601
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,147
Accumulated Depreciation	203
CVS: | Temple Hills, MD
Real Estate and Accumulated Depreciation [Line Items]
Land	1,817
Buildings and Improvements	2,989
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,806
Accumulated Depreciation	249
CVS: | Vineland, NJ
Real Estate and Accumulated Depreciation [Line Items]
Land	813
Buildings and Improvements	2,926
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,739
Accumulated Depreciation	236
CVS: | Waynesboro, VA
Real Estate and Accumulated Depreciation [Line Items]
Land	986
Buildings and Improvements	2,708
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,694
Accumulated Depreciation	212
CVS: | West Monroe, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,738
Buildings and Improvements	2,136
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,874
Accumulated Depreciation	168
Darien Towne Center: | Darien, IL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	12,200
Land	6,718
Buildings and Improvements	11,951
Total Adjustment to Basis	900
Gross Amount at Which Carried At December 31, 2016	19,569
Accumulated Depreciation	1,350
DaVita: | Riverview, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	199
Buildings and Improvements	2,322
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,521
Accumulated Depreciation	168
Decatur Commons: | Decatur, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,000
Land	2,478
Buildings and Improvements	9,333
Total Adjustment to Basis	739
Gross Amount at Which Carried At December 31, 2016	12,550
Accumulated Depreciation	892
Deltona Commons: | Deltona, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,767
Land	1,424
Buildings and Improvements	7,760
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	9,184
Accumulated Depreciation	711
Dick's Petsmart Center | Oshkosh, WI
Real Estate and Accumulated Depreciation [Line Items]
Land	1,445
Buildings and Improvements	6,599
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	8,044
Accumulated Depreciation	65
Dick’s Sporting Goods: | Oklahoma City, OK
Real Estate and Accumulated Depreciation [Line Items]
Land	1,198
Buildings and Improvements	7,838
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	9,036
Accumulated Depreciation	905
Dick’s Sporting Goods: | Oklahoma City, OK
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,858
Land	685
Buildings and Improvements	10,587
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	11,272
Accumulated Depreciation	1,192
Dollar General: | Abbeville, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	294
Buildings and Improvements	1,302
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,596
Accumulated Depreciation	78
Dollar General: | Akron, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	69
Buildings and Improvements	771
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	840
Accumulated Depreciation	71
Dollar General: | Akron, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	112
Buildings and Improvements	1,099
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,211
Accumulated Depreciation	97
Dollar General: | Alliance, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	97
Buildings and Improvements	812
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	909
Accumulated Depreciation	88
Dollar General: | Alton, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	94
Buildings and Improvements	922
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,016
Accumulated Depreciation	57
Dollar General: | Arapahoe, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	44
Buildings and Improvements	873
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	917
Accumulated Depreciation	54
Dollar General: | Asheville, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	379
Buildings and Improvements	753
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,132
Accumulated Depreciation	79
Dollar General: | Ashville, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	666
Land	255
Buildings and Improvements	678
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	933
Accumulated Depreciation	83
Dollar General: | Atmore, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	243
Buildings and Improvements	858
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,101
Accumulated Depreciation	67
Dollar General: | Bainbridge, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	106
Buildings and Improvements	1,175
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,281
Accumulated Depreciation	113
Dollar General: | Belle, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	51
Buildings and Improvements	880
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	931
Accumulated Depreciation	55
Dollar General: | Berry, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	104
Buildings and Improvements	1,196
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,300
Accumulated Depreciation	74
Dollar General: | Bessemer, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	142
Buildings and Improvements	941
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,083
Accumulated Depreciation	84
Dollar General: | Bloomfield, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	50
Buildings and Improvements	845
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	895
Accumulated Depreciation	47
Dollar General: | Blue Rapids, KS
Real Estate and Accumulated Depreciation [Line Items]
Land	52
Buildings and Improvements	880
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	932
Accumulated Depreciation	53
Dollar General: | Bluefield, WV
Real Estate and Accumulated Depreciation [Line Items]
Land	337
Buildings and Improvements	686
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,023
Accumulated Depreciation	40
Dollar General: | Bokchito, OK
Real Estate and Accumulated Depreciation [Line Items]
Land	59
Buildings and Improvements	859
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	918
Accumulated Depreciation	97
Dollar General: | Botkins, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	130
Buildings and Improvements	991
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,121
Accumulated Depreciation	93
Dollar General: | Brandon, SD
Real Estate and Accumulated Depreciation [Line Items]
Land	292
Buildings and Improvements	871
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,163
Accumulated Depreciation	52
Dollar General: | Breaux Bridge, LA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	840
Land	225
Buildings and Improvements	1,007
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,232
Accumulated Depreciation	112
Dollar General: | Broken Bow, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	91
Buildings and Improvements	878
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	969
Accumulated Depreciation	71
Dollar General: | Brownsville, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	822
Land	264
Buildings and Improvements	943
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,207
Accumulated Depreciation	99
Dollar General: | Buffalo, NY
Real Estate and Accumulated Depreciation [Line Items]
Land	122
Buildings and Improvements	1,099
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,221
Accumulated Depreciation	60
Dollar General: | Clay, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	792
Land	305
Buildings and Improvements	768
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,073
Accumulated Depreciation	89
Dollar General: | Cleveland, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	684
Land	158
Buildings and Improvements	856
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,014
Accumulated Depreciation	90
Dollar General: | Columbus, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	279
Buildings and Improvements	1,248
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,527
Accumulated Depreciation	110
Dollar General: | Conroe, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	756
Land	167
Buildings and Improvements	946
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,113
Accumulated Depreciation	99
Dollar General: | Crystal Springs, MS
Real Estate and Accumulated Depreciation [Line Items]
Land	463
Buildings and Improvements	3,027
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,490
Accumulated Depreciation	190
Dollar General: | Cullman, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	159
Buildings and Improvements	824
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	983
Accumulated Depreciation	53
Dollar General: | Decatur, IL (Taylorville)
Real Estate and Accumulated Depreciation [Line Items]
Land	133
Buildings and Improvements	986
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,119
Accumulated Depreciation	65
Dollar General: | Decatur, IL (Eldorado)
Real Estate and Accumulated Depreciation [Line Items]
Land	219
Buildings and Improvements	964
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,183
Accumulated Depreciation	58
Dollar General: | Delcambre, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	169
Buildings and Improvements	1,025
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,194
Accumulated Depreciation	90
Dollar General: | Delhi, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	301
Buildings and Improvements	1,033
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,334
Accumulated Depreciation	93
Dollar General: | Deridder, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	135
Buildings and Improvements	923
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,058
Accumulated Depreciation	81
Dollar General: | Deridder, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	176
Buildings and Improvements	905
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,081
Accumulated Depreciation	82
Dollar General: | Des Moines, IA
Real Estate and Accumulated Depreciation [Line Items]
Land	166
Buildings and Improvements	943
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,109
Accumulated Depreciation	86
Dollar General: | Dora, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	124
Buildings and Improvements	935
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,059
Accumulated Depreciation	58
Dollar General: | Dundee, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	296
Buildings and Improvements	1,047
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,343
Accumulated Depreciation	84
Dollar General: | Edinburg, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	146
Buildings and Improvements	809
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	955
Accumulated Depreciation	54
Dollar General: | Eight Mile, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	110
Buildings and Improvements	865
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	975
Accumulated Depreciation	60
Dollar General: | Elk Point, SD
Real Estate and Accumulated Depreciation [Line Items]
Land	97
Buildings and Improvements	839
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	936
Accumulated Depreciation	53
Dollar General: | Ellerslie, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	247
Buildings and Improvements	797
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,044
Accumulated Depreciation	59
Dollar General: | Eufaula, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	300
Buildings and Improvements	930
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,230
Accumulated Depreciation	62
Dollar General: | Farmington, NM
Real Estate and Accumulated Depreciation [Line Items]
Land	175
Buildings and Improvements	919
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,094
Accumulated Depreciation	57
Dollar General: | Fort Valley, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	514
Buildings and Improvements	2,436
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,950
Accumulated Depreciation	241
Dollar General: | Fred, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	93
Buildings and Improvements	929
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,022
Accumulated Depreciation	76
Dollar General: | Fruitport, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	100
Buildings and Improvements	968
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,068
Accumulated Depreciation	63
Dollar General: | Geneva, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	738
Land	204
Buildings and Improvements	815
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,019
Accumulated Depreciation	98
Dollar General: | Geraldine, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	220
Buildings and Improvements	1,146
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,366
Accumulated Depreciation	82
Dollar General: | Greenwell Springs, LA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	870
Land	444
Buildings and Improvements	841
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,285
Accumulated Depreciation	95
Dollar General: | Groveport, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	822
Land	416
Buildings and Improvements	813
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,229
Accumulated Depreciation	90
Dollar General: | Hamilton, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	208
Buildings and Improvements	1,024
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,232
Accumulated Depreciation	61
Dollar General: | Hanceville, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,029
Land	1,232
Buildings and Improvements	1,488
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,720
Accumulated Depreciation	189
Dollar General: | Harlingen, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	144
Buildings and Improvements	853
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	997
Accumulated Depreciation	59
Dollar General: | Harvest, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	684
Land	261
Buildings and Improvements	691
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	952
Accumulated Depreciation	84
Dollar General: | Harviell, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	50
Buildings and Improvements	818
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	868
Accumulated Depreciation	62
Dollar General: | Hastings, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	177
Buildings and Improvements	850
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,027
Accumulated Depreciation	51
Dollar General: | Hayneville, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	249
Buildings and Improvements	1,181
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,430
Accumulated Depreciation	77
Dollar General: | Hillsboro, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	262
Buildings and Improvements	956
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,218
Accumulated Depreciation	56
Dollar General: | Hinton, WV
Real Estate and Accumulated Depreciation [Line Items]
Land	199
Buildings and Improvements	1,367
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,566
Accumulated Depreciation	83
Dollar General: | Homeworth, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	110
Buildings and Improvements	1,057
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,167
Accumulated Depreciation	87
Dollar General: | Houston, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	966
Land	311
Buildings and Improvements	1,102
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,413
Accumulated Depreciation	115
Dollar General: | Houston, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	255
Buildings and Improvements	1,393
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,648
Accumulated Depreciation	116
Dollar General: | Huntsville, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	768
Land	177
Buildings and Improvements	847
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,024
Accumulated Depreciation	101
Dollar General: | Independence, MO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	828
Land	170
Buildings and Improvements	1,072
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,242
Accumulated Depreciation	117
Dollar General: | Kansas City, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	283
Buildings and Improvements	1,068
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,351
Accumulated Depreciation	92
Dollar General: | Kansas City, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	233
Buildings and Improvements	1,054
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,287
Accumulated Depreciation	89
Dollar General: | Kasson, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	138
Buildings and Improvements	888
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,026
Accumulated Depreciation	61
Dollar General: | Kearney, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	141
Buildings and Improvements	851
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	992
Accumulated Depreciation	72
Dollar General: | Kinston, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	642
Land	170
Buildings and Improvements	718
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	888
Accumulated Depreciation	87
Dollar General: | Kolona, IA
Real Estate and Accumulated Depreciation [Line Items]
Land	81
Buildings and Improvements	868
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	949
Accumulated Depreciation	56
Dollar General: | Lake Charles (Broad), LA
Real Estate and Accumulated Depreciation [Line Items]
Land	146
Buildings and Improvements	989
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,135
Accumulated Depreciation	89
Dollar General: | Lamesa, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	75
Buildings and Improvements	803
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	878
Accumulated Depreciation	54
Dollar General: | Lansing, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	232
Buildings and Improvements	939
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,171
Accumulated Depreciation	61
Dollar General: | Lebanon, TN
Real Estate and Accumulated Depreciation [Line Items]
Land	177
Buildings and Improvements	882
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,059
Accumulated Depreciation	58
Dollar General: | Leicester, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	134
Buildings and Improvements	800
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	934
Accumulated Depreciation	78
Dollar General: | Lima, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	810
Land	156
Buildings and Improvements	1,040
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,196
Accumulated Depreciation	110
Dollar General: | Linden, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	317
Buildings and Improvements	746
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,063
Accumulated Depreciation	71
Dollar General: | Lone Jack, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	152
Buildings and Improvements	960
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,112
Accumulated Depreciation	68
Dollar General: | Los Fresnos, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	55
Buildings and Improvements	867
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	922
Accumulated Depreciation	54
Dollar General: | Los Lunas, NM
Real Estate and Accumulated Depreciation [Line Items]
Land	113
Buildings and Improvements	857
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	970
Accumulated Depreciation	61
Dollar General: | Louisburg, KS
Real Estate and Accumulated Depreciation [Line Items]
Land	324
Buildings and Improvements	936
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,260
Accumulated Depreciation	65
Dollar General: | Loveland, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	241
Buildings and Improvements	1,065
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,306
Accumulated Depreciation	93
Dollar General: | Lubbock, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	744
Land	468
Buildings and Improvements	641
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,109
Accumulated Depreciation	72
Dollar General: | Manhattan, KS
Real Estate and Accumulated Depreciation [Line Items]
Land	194
Buildings and Improvements	921
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,115
Accumulated Depreciation	78
Dollar General: | Mansfield, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	72
Buildings and Improvements	1,226
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,298
Accumulated Depreciation	95
Dollar General: | Maple Lake, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	92
Buildings and Improvements	893
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	985
Accumulated Depreciation	57
Dollar General: | Maynardville, TN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	750
Land	238
Buildings and Improvements	754
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	992
Accumulated Depreciation	94
Dollar General: | Millbrook, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	320
Buildings and Improvements	1,175
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,495
Accumulated Depreciation	78
Dollar General: | Mission, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	182
Buildings and Improvements	858
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,040
Accumulated Depreciation	53
Dollar General: | Mobile, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	139
Buildings and Improvements	1,005
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,144
Accumulated Depreciation	88
Dollar General: | Mobile, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	410
Buildings and Improvements	1,059
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,469
Accumulated Depreciation	103
Dollar General: | Monroeville, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	131
Buildings and Improvements	1,069
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,200
Accumulated Depreciation	88
Dollar General: | Montgomery, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	140
Buildings and Improvements	909
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,049
Accumulated Depreciation	54
Dollar General: | Moose Lake, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	140
Buildings and Improvements	937
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,077
Accumulated Depreciation	$ 59

Schedule III - Real Estate As88

Schedule III - Real Estate Assets and Accumulated Depreciation - 3 (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 1,218,122
Land	1,157,916
Buildings and Improvements	3,133,832
Total Adjustment to Basis	78,881
Gross Amount at Which Carried At December 31, 2016	4,370,629	$ 4,185,605	$ 3,590,939	$ 1,960,708
Accumulated Depreciation	245,425	$ 158,805	$ 78,186	$ 23,377
Dollar General: | Moroa, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	111
Buildings and Improvements	921
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,032
Accumulated Depreciation	61
Dollar General: | Mt. Vernon, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	177
Buildings and Improvements	985
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,162
Accumulated Depreciation	67
Dollar General: | Nashville, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,088
Land	215
Buildings and Improvements	2,533
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,748
Accumulated Depreciation	275
Dollar General: | Nashville, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	103
Buildings and Improvements	1,255
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,358
Accumulated Depreciation	93
Dollar General: | Navarre, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	153
Buildings and Improvements	1,005
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,158
Accumulated Depreciation	85
Dollar General: | Neoga, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	94
Buildings and Improvements	860
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	954
Accumulated Depreciation	53
Dollar General: | Ness City, KS
Real Estate and Accumulated Depreciation [Line Items]
Land	21
Buildings and Improvements	860
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	881
Accumulated Depreciation	66
Dollar General: | New Philadelphia, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	129
Buildings and Improvements	1,100
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,229
Accumulated Depreciation	93
Dollar General: | New Washington, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	99
Buildings and Improvements	975
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,074
Accumulated Depreciation	92
Dollar General: | Newark, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	792
Land	222
Buildings and Improvements	946
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,168
Accumulated Depreciation	104
Dollar General: | Nitro, WV
Real Estate and Accumulated Depreciation [Line Items]
Land	451
Buildings and Improvements	1,034
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,485
Accumulated Depreciation	67
Dollar General: | Nixa, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	235
Buildings and Improvements	806
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,041
Accumulated Depreciation	60
Dollar General: | North Lewisburg, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	59
Buildings and Improvements	1,008
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,067
Accumulated Depreciation	90
Dollar General: | Onawa, IA
Real Estate and Accumulated Depreciation [Line Items]
Land	176
Buildings and Improvements	842
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,018
Accumulated Depreciation	58
Dollar General: | Opelousas, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	92
Buildings and Improvements	947
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,039
Accumulated Depreciation	81
Dollar General: | Ortonville, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	113
Buildings and Improvements	907
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,020
Accumulated Depreciation	60
Dollar General: | Osceola, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	194
Buildings and Improvements	835
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,029
Accumulated Depreciation	39
Dollar General: | Oxford, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	465
Buildings and Improvements	783
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,248
Accumulated Depreciation	69
Dollar General: | Palestine, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	155
Buildings and Improvements	893
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,048
Accumulated Depreciation	59
Dollar General: | Parchment, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	168
Buildings and Improvements	1,162
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,330
Accumulated Depreciation	75
Dollar General: | Park Hill, OK
Real Estate and Accumulated Depreciation [Line Items]
Land	91
Buildings and Improvements	887
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	978
Accumulated Depreciation	95
Dollar General: | Parsons, TN
Real Estate and Accumulated Depreciation [Line Items]
Land	166
Buildings and Improvements	1,136
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,302
Accumulated Depreciation	77
Dollar General: | Phenix City, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	331
Buildings and Improvements	718
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,049
Accumulated Depreciation	70
Dollar General: | Piedmont, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,980
Land	1,037
Buildings and Improvements	1,579
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,616
Accumulated Depreciation	201
Dollar General: | Pike Road, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	477
Buildings and Improvements	772
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,249
Accumulated Depreciation	71
Dollar General: | Plain City, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	187
Buildings and Improvements	1,097
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,284
Accumulated Depreciation	88
Dollar General: | Port Clinton, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	120
Buildings and Improvements	1,070
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,190
Accumulated Depreciation	86
Dollar General: | Princeton, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	155
Buildings and Improvements	1,159
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,314
Accumulated Depreciation	69
Dollar General: | Pueblo, CO
Real Estate and Accumulated Depreciation [Line Items]
Land	144
Buildings and Improvements	909
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,053
Accumulated Depreciation	93
Dollar General: | Ragley, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	196
Buildings and Improvements	877
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,073
Accumulated Depreciation	80
Dollar General: | Rainsville, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	290
Buildings and Improvements	1,267
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,557
Accumulated Depreciation	81
Dollar General: | Ravenna, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	199
Buildings and Improvements	958
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,157
Accumulated Depreciation	71
Dollar General: | Rayne, LA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	702
Land	125
Buildings and Improvements	910
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,035
Accumulated Depreciation	100
Dollar General: | Roanoke, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	93
Buildings and Improvements	846
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	939
Accumulated Depreciation	58
Dollar General: | Romney, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	87
Buildings and Improvements	827
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	914
Accumulated Depreciation	52
Dollar General: | Romulus, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	274
Buildings and Improvements	1,171
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,445
Accumulated Depreciation	84
Dollar General: | Russell, KS
Real Estate and Accumulated Depreciation [Line Items]
Land	54
Buildings and Improvements	899
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	953
Accumulated Depreciation	58
Dollar General: | San Antonio, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	295
Buildings and Improvements	743
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,038
Accumulated Depreciation	54
Dollar General: | San Carlos, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	70
Buildings and Improvements	1,063
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,133
Accumulated Depreciation	72
Dollar General: | Seale, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	259
Buildings and Improvements	767
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,026
Accumulated Depreciation	68
Dollar General: | Seminole, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	175
Buildings and Improvements	829
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,004
Accumulated Depreciation	78
Dollar General: | Shelby, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	128
Buildings and Improvements	1,033
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,161
Accumulated Depreciation	76
Dollar General: | Slocomb, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	124
Buildings and Improvements	918
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,042
Accumulated Depreciation	71
Dollar General: | Snead, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	126
Buildings and Improvements	1,137
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,263
Accumulated Depreciation	71
Dollar General: | South Bay, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	258
Buildings and Improvements	1,262
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,520
Accumulated Depreciation	86
Dollar General: | Spring, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	277
Buildings and Improvements	1,132
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,409
Accumulated Depreciation	96
Dollar General: | Springfield, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	205
Buildings and Improvements	934
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,139
Accumulated Depreciation	56
Dollar General: | Springfield, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	171
Buildings and Improvements	810
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	981
Accumulated Depreciation	54
Dollar General: | Springfield, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	172
Buildings and Improvements	864
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,036
Accumulated Depreciation	61
Dollar General: | Springfield, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	125
Buildings and Improvements	1,000
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,125
Accumulated Depreciation	88
Dollar General: | St. Louis, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	229
Buildings and Improvements	1,102
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,331
Accumulated Depreciation	89
Dollar General: | St. Louis, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	240
Buildings and Improvements	1,118
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,358
Accumulated Depreciation	88
Dollar General: | Superior, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	230
Buildings and Improvements	917
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,147
Accumulated Depreciation	77
Dollar General: | Temple, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	200
Buildings and Improvements	917
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,117
Accumulated Depreciation	90
Dollar General: | Theodore, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	248
Buildings and Improvements	763
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,011
Accumulated Depreciation	76
Dollar General: | Thibodaux, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	211
Buildings and Improvements	1,083
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,294
Accumulated Depreciation	95
Dollar General: | Toney, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	642
Land	86
Buildings and Improvements	792
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	878
Accumulated Depreciation	90
Dollar General: | Topeka, KS
Real Estate and Accumulated Depreciation [Line Items]
Land	159
Buildings and Improvements	873
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,032
Accumulated Depreciation	45
Dollar General: | Urbana, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	133
Buildings and Improvements	1,051
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,184
Accumulated Depreciation	75
Dollar General: | Volga, SD
Real Estate and Accumulated Depreciation [Line Items]
Land	51
Buildings and Improvements	784
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	835
Accumulated Depreciation	49
Dollar General: | Waco, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	26
Buildings and Improvements	922
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	948
Accumulated Depreciation	68
Dollar General: | Wagener, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	477
Buildings and Improvements	1,169
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,646
Accumulated Depreciation	69
Dollar General: | Wakefield, KS
Real Estate and Accumulated Depreciation [Line Items]
Land	78
Buildings and Improvements	929
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,007
Accumulated Depreciation	83
Dollar General: | Waterloo, IA
Real Estate and Accumulated Depreciation [Line Items]
Land	330
Buildings and Improvements	908
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,238
Accumulated Depreciation	52
Dollar General: | Weslaco, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	141
Buildings and Improvements	848
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	989
Accumulated Depreciation	52
Dollar General: | Weston, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	117
Buildings and Improvements	1,012
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,129
Accumulated Depreciation	94
Dollar General: | Wetumpka, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	290
Buildings and Improvements	779
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,069
Accumulated Depreciation	56
Dollar General: | Whitehouse, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	134
Buildings and Improvements	1,144
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,278
Accumulated Depreciation	94
Dollar General: | Whitwell, TN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	870
Land	159
Buildings and Improvements	1,035
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,194
Accumulated Depreciation	128
Dollar General: | Wilmer, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	99
Buildings and Improvements	775
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	874
Accumulated Depreciation	72
Dollar General: | Winsted, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	152
Buildings and Improvements	841
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	993
Accumulated Depreciation	56
Dollar General: | Wisner, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	37
Buildings and Improvements	773
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	810
Accumulated Depreciation	55
Dollar General: | Woodville, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	786
Land	169
Buildings and Improvements	1,009
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,178
Accumulated Depreciation	112
Dollar General: | Yatesville, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	666
Land	120
Buildings and Improvements	797
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	917
Accumulated Depreciation	90
Dollar General: | Berry, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	104
Buildings and Improvements	1,196
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,300
Accumulated Depreciation	74
Dollar Tree/Petco: | Humble, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	720
Buildings and Improvements	2,543
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,263
Accumulated Depreciation	268
Earth Fare: | Huntersville, NC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,183
Land	1,439
Buildings and Improvements	2,973
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,412
Accumulated Depreciation	322
East Manchester Village Center: | Manchester, PA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	8,300
Land	2,517
Buildings and Improvements	12,672
Total Adjustment to Basis	183
Gross Amount at Which Carried At December 31, 2016	15,372
Accumulated Depreciation	1,074
East West Commons: | Austell, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	13,000
Land	10,094
Buildings and Improvements	16,034
Total Adjustment to Basis	628
Gross Amount at Which Carried At December 31, 2016	26,756
Accumulated Depreciation	1,156
Emerald Place: | Greenwood, SC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	6,250
Land	2,042
Buildings and Improvements	9,942
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	11,984
Accumulated Depreciation	942
Evergreen Marketplace: | Evergreen Park, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	2,823
Buildings and Improvements	6,239
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	9,062
Accumulated Depreciation	671
Family Center: | Riverdale, UT
Real Estate and Accumulated Depreciation [Line Items]
Land	21,716
Buildings and Improvements	29,454
Total Adjustment to Basis	(741)
Gross Amount at Which Carried At December 31, 2016	50,429
Accumulated Depreciation	2,610
Family Dollar: | San Antonio, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	357
Buildings and Improvements	966
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,323
Accumulated Depreciation	63
Family Dollar: | Topeka, KS
Real Estate and Accumulated Depreciation [Line Items]
Land	419
Buildings and Improvements	1,327
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,746
Accumulated Depreciation	95
Family Dollar: | Aberdeen, ID
Real Estate and Accumulated Depreciation [Line Items]
Land	101
Buildings and Improvements	1,054
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,155
Accumulated Depreciation	62
Family Dollar: | Adelanto, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	463
Buildings and Improvements	1,711
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,174
Accumulated Depreciation	95
Family Dollar: | Aguila, AZ
Real Estate and Accumulated Depreciation [Line Items]
Land	129
Buildings and Improvements	1,290
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,419
Accumulated Depreciation	62
Family Dollar: | Albany, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	347
Buildings and Improvements	925
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,272
Accumulated Depreciation	52
Family Dollar: | Apple Springs, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	91
Buildings and Improvements	804
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	895
Accumulated Depreciation	46
Family Dollar: | Arkadelphia, AR
Real Estate and Accumulated Depreciation [Line Items]
Land	113
Buildings and Improvements	738
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	851
Accumulated Depreciation	36
Family Dollar: | Auburn, ME
Real Estate and Accumulated Depreciation [Line Items]
Land	217
Buildings and Improvements	1,261
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,478
Accumulated Depreciation	64
Family Dollar: | Bagley, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	95
Buildings and Improvements	1,114
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,209
Accumulated Depreciation	80
Family Dollar: | Benavides, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	27
Buildings and Improvements	1,065
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,092
Accumulated Depreciation	87
Family Dollar: | Berry, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	122
Buildings and Improvements	880
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,002
Accumulated Depreciation	50
Family Dollar: | Bessemer, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	201
Buildings and Improvements	1,043
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,244
Accumulated Depreciation	85
Family Dollar: | Broadway, VA
Real Estate and Accumulated Depreciation [Line Items]
Land	213
Buildings and Improvements	1,153
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,366
Accumulated Depreciation	68
Family Dollar: | Birmingham, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	500
Buildings and Improvements	831
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,331
Accumulated Depreciation	69
Family Dollar: | Brooksville, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	206
Buildings and Improvements	791
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	997
Accumulated Depreciation	65
Family Dollar: | Burkeville, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	54
Buildings and Improvements	900
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	954
Accumulated Depreciation	60
Family Dollar: | Cascade, ID
Real Estate and Accumulated Depreciation [Line Items]
Land	267
Buildings and Improvements	1,147
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,414
Accumulated Depreciation	82
Family Dollar: | Cass Lake, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	157
Buildings and Improvements	1,107
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,264
Accumulated Depreciation	79
Family Dollar: | Cathedral City, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	658
Buildings and Improvements	1,908
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,566
Accumulated Depreciation	115
Family Dollar: | Charlotte, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	118
Buildings and Improvements	970
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,088
Accumulated Depreciation	80
Family Dollar: | Cheyenne, WY
Real Estate and Accumulated Depreciation [Line Items]
Land	148
Buildings and Improvements	986
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,134
Accumulated Depreciation	71
Family Dollar: | Coachella, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	450
Buildings and Improvements	1,634
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,084
Accumulated Depreciation	123
Family Dollar: | Cocoa, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	370
Buildings and Improvements	1,092
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,462
Accumulated Depreciation	66
Family Dollar: | Colmesneil, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	172
Buildings and Improvements	858
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,030
Accumulated Depreciation	62
Family Dollar: | Columbia, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	294
Buildings and Improvements	824
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,118
Accumulated Depreciation	49
Family Dollar: | Columbia, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	332
Buildings and Improvements	1,044
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,376
Accumulated Depreciation	60
Family Dollar: | Comanche, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	176
Buildings and Improvements	1,145
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,321
Accumulated Depreciation	72
Family Dollar: | Cordes Lakes, AZ
Real Estate and Accumulated Depreciation [Line Items]
Land	380
Buildings and Improvements	1,421
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,801
Accumulated Depreciation	83
Family Dollar: | Davenport, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	298
Buildings and Improvements	964
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,262
Accumulated Depreciation	52
Family Dollar: | Davenport, IA
Real Estate and Accumulated Depreciation [Line Items]
Land	167
Buildings and Improvements	918
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,085
Accumulated Depreciation	52
Family Dollar: | Dawson, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	41
Buildings and Improvements	799
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	840
Accumulated Depreciation	46
Family Dollar: | Deadwood, SD
Real Estate and Accumulated Depreciation [Line Items]
Land	132
Buildings and Improvements	1,139
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,271
Accumulated Depreciation	68
Family Dollar: | Des Moines, IA
Real Estate and Accumulated Depreciation [Line Items]
Land	290
Buildings and Improvements	1,126
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,416
Accumulated Depreciation	63
Family Dollar: | East Millinocket, ME
Real Estate and Accumulated Depreciation [Line Items]
Land	161
Buildings and Improvements	1,004
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,165
Accumulated Depreciation	58
Family Dollar: | Eden, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	82
Buildings and Improvements	903
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	985
Accumulated Depreciation	70
Family Dollar: | Elizabethtown, NY
Real Estate and Accumulated Depreciation [Line Items]
Land	107
Buildings and Improvements	671
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	778
Accumulated Depreciation	50
Family Dollar: | Eloy, AZ
Real Estate and Accumulated Depreciation [Line Items]
Land	86
Buildings and Improvements	1,587
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,673
Accumulated Depreciation	89
Family Dollar: | Empire, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	239
Buildings and Improvements	1,527
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,766
Accumulated Depreciation	102
Family Dollar: | Erwinville, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	146
Buildings and Improvements	765
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	911
Accumulated Depreciation	32
Family Dollar: | Evans, CO
Real Estate and Accumulated Depreciation [Line Items]
Land	201
Buildings and Improvements	817
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,018
Accumulated Depreciation	48
Family Dollar: | Findlay, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	326
Buildings and Improvements	1,271
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,597
Accumulated Depreciation	102
Family Dollar: | Folsom, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	325
Buildings and Improvements	788
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,113
Accumulated Depreciation	$ 48

Schedule III - Real Estate As89

Schedule III - Real Estate Assets and Accumulated Depreciation - 4 (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 1,218,122
Land	1,157,916
Buildings and Improvements	3,133,832
Total Adjustment to Basis	78,881
Gross Amount at Which Carried At December 31, 2016	4,370,629	$ 4,185,605	$ 3,590,939	$ 1,960,708
Accumulated Depreciation	245,425	$ 158,805	$ 78,186	$ 23,377
Family Dollar: | Fort Lauderdale, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	443
Buildings and Improvements	1,361
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,804
Accumulated Depreciation	106
Family Dollar: | Fort Thomas, AZ
Real Estate and Accumulated Depreciation [Line Items]
Land	49
Buildings and Improvements	1,173
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,222
Accumulated Depreciation	86
Family Dollar: | Fort Wayne, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	258
Buildings and Improvements	1,096
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,354
Accumulated Depreciation	55
Family Dollar: | Fort Worth, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	532
Buildings and Improvements	1,346
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,878
Accumulated Depreciation	82
Family Dollar: | Franklin, NH
Real Estate and Accumulated Depreciation [Line Items]
Land	307
Buildings and Improvements	1,214
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,521
Accumulated Depreciation	44
Family Dollar: | Frederica, DE
Real Estate and Accumulated Depreciation [Line Items]
Land	392
Buildings and Improvements	1,164
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,556
Accumulated Depreciation	54
Family Dollar: | Freeport, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	322
Buildings and Improvements	959
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,281
Accumulated Depreciation	51
Family Dollar: | Fresno, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	488
Buildings and Improvements	1,553
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,041
Accumulated Depreciation	118
Family Dollar: | Garrison, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	61
Buildings and Improvements	1,306
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,367
Accumulated Depreciation	68
Family Dollar: | Georgetown, KY
Real Estate and Accumulated Depreciation [Line Items]
Land	607
Buildings and Improvements	905
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,512
Accumulated Depreciation	52
Family Dollar: | Gering, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	244
Buildings and Improvements	913
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,157
Accumulated Depreciation	56
Family Dollar: | Greene, ME
Real Estate and Accumulated Depreciation [Line Items]
Land	251
Buildings and Improvements	940
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,191
Accumulated Depreciation	53
Family Dollar: | Greenwood, WI
Real Estate and Accumulated Depreciation [Line Items]
Land	154
Buildings and Improvements	920
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,074
Accumulated Depreciation	61
Family Dollar: | Harrisonburg, VA
Real Estate and Accumulated Depreciation [Line Items]
Land	229
Buildings and Improvements	1,073
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,302
Accumulated Depreciation	61
Family Dollar: | Hawkins, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	49
Buildings and Improvements	1,288
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,337
Accumulated Depreciation	79
Family Dollar: | Hempstead, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	219
Buildings and Improvements	943
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,162
Accumulated Depreciation	50
Family Dollar: | Hettinger, ND
Real Estate and Accumulated Depreciation [Line Items]
Land	214
Buildings and Improvements	1,077
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,291
Accumulated Depreciation	88
Family Dollar: | Hodgenville, KY
Real Estate and Accumulated Depreciation [Line Items]
Land	202
Buildings and Improvements	783
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	985
Accumulated Depreciation	49
Family Dollar: | Holtville, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	317
Buildings and Improvements	1,609
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,926
Accumulated Depreciation	121
Family Dollar: | Homestead, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	575
Buildings and Improvements	1,470
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,045
Accumulated Depreciation	42
Family Dollar: | Homosassa, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	325
Buildings and Improvements	1,001
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,326
Accumulated Depreciation	54
Family Dollar: | Immokalee, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	458
Buildings and Improvements	1,248
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,706
Accumulated Depreciation	73
Family Dollar: | Indianapolis, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	238
Buildings and Improvements	1,117
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,355
Accumulated Depreciation	66
Family Dollar: | Indio, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	393
Buildings and Improvements	1,636
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,029
Accumulated Depreciation	108
Family Dollar: | Irvington, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	217
Buildings and Improvements	814
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,031
Accumulated Depreciation	68
Family Dollar: | Jacksonville, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	134
Buildings and Improvements	1,157
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,291
Accumulated Depreciation	65
Family Dollar: | Jay, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	190
Buildings and Improvements	1,002
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,192
Accumulated Depreciation	82
Family Dollar: | Jonesboro, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	297
Buildings and Improvements	1,098
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,395
Accumulated Depreciation	85
Family Dollar: | Keller, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	749
Buildings and Improvements	1,550
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,299
Accumulated Depreciation	111
Family Dollar: | Kersey, CO
Real Estate and Accumulated Depreciation [Line Items]
Land	238
Buildings and Improvements	904
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,142
Accumulated Depreciation	64
Family Dollar: | Kiowa, OK
Real Estate and Accumulated Depreciation [Line Items]
Land	193
Buildings and Improvements	947
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,140
Accumulated Depreciation	59
Family Dollar: | Kissimmee, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	622
Buildings and Improvements	1,226
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,848
Accumulated Depreciation	78
Family Dollar: | La Salle, CO
Real Estate and Accumulated Depreciation [Line Items]
Land	239
Buildings and Improvements	890
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,129
Accumulated Depreciation	51
Family Dollar: | LaBelle, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	268
Buildings and Improvements	1,037
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,305
Accumulated Depreciation	83
Family Dollar: | Lake Elsinor, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	417
Buildings and Improvements	1,682
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,099
Accumulated Depreciation	123
Family Dollar: | Lakeland, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	353
Buildings and Improvements	937
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,290
Accumulated Depreciation	65
Family Dollar: | Laredo, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	302
Buildings and Improvements	1,039
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,341
Accumulated Depreciation	61
Family Dollar: | Levelland, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	264
Buildings and Improvements	952
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,216
Accumulated Depreciation	59
Family Dollar: | Little Rock, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	499
Buildings and Improvements	1,730
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,229
Accumulated Depreciation	85
Family Dollar: | Lorain, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	320
Buildings and Improvements	995
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,315
Accumulated Depreciation	68
Family Dollar: | Louisville, KY
Real Estate and Accumulated Depreciation [Line Items]
Land	578
Buildings and Improvements	919
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,497
Accumulated Depreciation	69
Family Dollar: | Louisville, KY
Real Estate and Accumulated Depreciation [Line Items]
Land	480
Buildings and Improvements	934
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,414
Accumulated Depreciation	64
Family Dollar: | Mahanoy City, PA
Real Estate and Accumulated Depreciation [Line Items]
Land	209
Buildings and Improvements	1,112
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,321
Accumulated Depreciation	54
Family Dollar: | Mansfield, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	849
Buildings and Improvements	1,189
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,038
Accumulated Depreciation	91
Family Dollar: | Melbourne, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	362
Buildings and Improvements	883
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,245
Accumulated Depreciation	68
Family Dollar: | Melrose, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	124
Buildings and Improvements	929
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,053
Accumulated Depreciation	57
Family Dollar: | Mertzon, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	149
Buildings and Improvements	995
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,144
Accumulated Depreciation	66
Family Dollar: | Mesa, AZ
Real Estate and Accumulated Depreciation [Line Items]
Land	627
Buildings and Improvements	1,468
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,095
Accumulated Depreciation	104
Family Dollar: | Miami, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	584
Buildings and Improvements	1,490
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,074
Accumulated Depreciation	70
Family Dollar: | Milo, ME
Real Estate and Accumulated Depreciation [Line Items]
Land	138
Buildings and Improvements	1,122
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,260
Accumulated Depreciation	61
Family Dollar: | Monroe, UT
Real Estate and Accumulated Depreciation [Line Items]
Land	272
Buildings and Improvements	985
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,257
Accumulated Depreciation	58
Family Dollar: | Moore Haven, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	348
Buildings and Improvements	1,016
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,364
Accumulated Depreciation	75
Family Dollar: | Moulton, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	102
Buildings and Improvements	973
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,075
Accumulated Depreciation	80
Family Dollar: | Naubinway, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	47
Buildings and Improvements	1,180
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,227
Accumulated Depreciation	85
Family Dollar: | New Ellenton, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	160
Buildings and Improvements	800
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	960
Accumulated Depreciation	44
Family Dollar: | New Summerfield, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	230
Buildings and Improvements	851
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,081
Accumulated Depreciation	58
Family Dollar: | Nicholasville, KY
Real Estate and Accumulated Depreciation [Line Items]
Land	464
Buildings and Improvements	826
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,290
Accumulated Depreciation	62
Family Dollar: | North Charleston, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	386
Buildings and Improvements	997
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,383
Accumulated Depreciation	56
Family Dollar: | North Hampton, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	200
Buildings and Improvements	867
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,067
Accumulated Depreciation	46
Family Dollar: | Ocoee, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	462
Buildings and Improvements	1,173
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,635
Accumulated Depreciation	66
Family Dollar: | Omaha, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	86
Buildings and Improvements	1,427
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,513
Accumulated Depreciation	67
Family Dollar: | Ordway, CO
Real Estate and Accumulated Depreciation [Line Items]
Land	81
Buildings and Improvements	993
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,074
Accumulated Depreciation	59
Family Dollar: | Oshkosh, WI
Real Estate and Accumulated Depreciation [Line Items]
Land	361
Buildings and Improvements	815
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,176
Accumulated Depreciation	63
Family Dollar: | Ossineke, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	85
Buildings and Improvements	898
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	983
Accumulated Depreciation	63
Family Dollar: | Palmdale, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	372
Buildings and Improvements	1,822
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,194
Accumulated Depreciation	85
Family Dollar: | Penitas, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	182
Buildings and Improvements	1,053
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,235
Accumulated Depreciation	79
Family Dollar: | Pensacola, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	509
Buildings and Improvements	791
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,300
Accumulated Depreciation	60
Family Dollar: | Pine Lake, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	639
Buildings and Improvements	897
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,536
Accumulated Depreciation	58
Family Dollar: | Pittsfield, ME
Real Estate and Accumulated Depreciation [Line Items]
Land	334
Buildings and Improvements	1,258
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,592
Accumulated Depreciation	53
Family Dollar: | Plainview, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	112
Buildings and Improvements	774
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	886
Accumulated Depreciation	57
Family Dollar: | Poinciana, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	501
Buildings and Improvements	1,186
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,687
Accumulated Depreciation	72
Family Dollar: | Pojoaque, NM
Real Estate and Accumulated Depreciation [Line Items]
Land	545
Buildings and Improvements	909
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,454
Accumulated Depreciation	56
Family Dollar: | Posen, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	101
Buildings and Improvements	896
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	997
Accumulated Depreciation	63
Family Dollar: | Preston, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	161
Buildings and Improvements	1,159
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,320
Accumulated Depreciation	83
Family Dollar: | Punta Gorda, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	345
Buildings and Improvements	1,018
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,363
Accumulated Depreciation	28
Family Dollar: | Radium Springs, NM
Real Estate and Accumulated Depreciation [Line Items]
Land	129
Buildings and Improvements	1,086
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,215
Accumulated Depreciation	83
Family Dollar: | Ramah, NM
Real Estate and Accumulated Depreciation [Line Items]
Land	217
Buildings and Improvements	1,105
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,322
Accumulated Depreciation	79
Family Dollar: | Rex, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	294
Buildings and Improvements	1,393
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,687
Accumulated Depreciation	78
Family Dollar: | Richmond, ME
Real Estate and Accumulated Depreciation [Line Items]
Land	252
Buildings and Improvements	1,026
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,278
Accumulated Depreciation	57
Family Dollar: | Riverside, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	736
Buildings and Improvements	1,558
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,294
Accumulated Depreciation	110
Family Dollar: | Robert Lee, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	94
Buildings and Improvements	904
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	998
Accumulated Depreciation	70
Family Dollar: | Rushford, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	163
Buildings and Improvements	844
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,007
Accumulated Depreciation	62
Family Dollar: | Saginaw, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	240
Buildings and Improvements	956
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,196
Accumulated Depreciation	57
Family Dollar: | San Antonio, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	357
Buildings and Improvements	966
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,323
Accumulated Depreciation	63
Family Dollar: | San Antonio, TX 2
Real Estate and Accumulated Depreciation [Line Items]
Land	421
Buildings and Improvements	951
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,372
Accumulated Depreciation	58
Family Dollar: | San Jacinto, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	430
Buildings and Improvements	1,682
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,112
Accumulated Depreciation	108
Family Dollar: | Schuyler, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	260
Buildings and Improvements	708
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	968
Accumulated Depreciation	51
Family Dollar: | Shreveport, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	406
Buildings and Improvements	978
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,384
Accumulated Depreciation	69
Family Dollar: | Shreveport, LA 2
Real Estate and Accumulated Depreciation [Line Items]
Land	272
Buildings and Improvements	1,113
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,385
Accumulated Depreciation	73
Family Dollar: | Shreveport, LA 3
Real Estate and Accumulated Depreciation [Line Items]
Land	423
Buildings and Improvements	1,099
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,522
Accumulated Depreciation	64
Family Dollar: | South Paris, ME
Real Estate and Accumulated Depreciation [Line Items]
Land	173
Buildings and Improvements	1,240
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,413
Accumulated Depreciation	70
Family Dollar: | Spring Hill, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	278
Buildings and Improvements	1,249
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,527
Accumulated Depreciation	34
Family Dollar: | Spurger, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	86
Buildings and Improvements	905
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	991
Accumulated Depreciation	57
Family Dollar: | Statesboro, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	347
Buildings and Improvements	800
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,147
Accumulated Depreciation	63
Family Dollar: | Sterling City, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	78
Buildings and Improvements	889
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	967
Accumulated Depreciation	69
Family Dollar: | Stockton, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	202
Buildings and Improvements	1,817
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,019
Accumulated Depreciation	108
Family Dollar: | Summerfield, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	271
Buildings and Improvements	978
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,249
Accumulated Depreciation	53
Family Dollar: | Tallahassee, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	189
Buildings and Improvements	1,212
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,401
Accumulated Depreciation	68
Family Dollar: | Taft, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	255
Buildings and Improvements	1,422
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,677
Accumulated Depreciation	126
Family Dollar: | Tampa, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	563
Buildings and Improvements	737
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,300
Accumulated Depreciation	61
Family Dollar: | Tampa, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	482
Buildings and Improvements	920
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,402
Accumulated Depreciation	75
Family Dollar: | Tampa, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	568
Buildings and Improvements	1,137
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,705
Accumulated Depreciation	77
Family Dollar: | Terra Bella, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	332
Buildings and Improvements	1,394
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,726
Accumulated Depreciation	105
Family Dollar: | Topeka, KS
Real Estate and Accumulated Depreciation [Line Items]
Land	419
Buildings and Improvements	1,327
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,746
Accumulated Depreciation	95
Family Dollar: | Tucson, AZ
Real Estate and Accumulated Depreciation [Line Items]
Land	399
Buildings and Improvements	1,599
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,998
Accumulated Depreciation	82
Family Dollar: | Tyler, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	73
Buildings and Improvements	895
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	968
Accumulated Depreciation	65
Family Dollar: | Tuscaloosa, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	534
Buildings and Improvements	817
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,351
Accumulated Depreciation	68
Family Dollar: | Valdosta, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	424
Buildings and Improvements	849
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,273
Accumulated Depreciation	66
Family Dollar: | Vine Grove, KY
Real Estate and Accumulated Depreciation [Line Items]
Land	205
Buildings and Improvements	966
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,171
Accumulated Depreciation	49
Family Dollar: | Waelder, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	136
Buildings and Improvements	788
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	924
Accumulated Depreciation	55
Family Dollar: | Waldoboro, ME
Real Estate and Accumulated Depreciation [Line Items]
Land	211
Buildings and Improvements	1,123
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,334
Accumulated Depreciation	33
Family Dollar: | Walker, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	294
Buildings and Improvements	966
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,260
Accumulated Depreciation	59
Family Dollar: | Wayne, OK
Real Estate and Accumulated Depreciation [Line Items]
Land	37
Buildings and Improvements	937
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	974
Accumulated Depreciation	65
Family Dollar: | Waynesburg, KY
Real Estate and Accumulated Depreciation [Line Items]
Land	150
Buildings and Improvements	955
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,105
Accumulated Depreciation	56
Family Dollar: | Wild Rose, WI
Real Estate and Accumulated Depreciation [Line Items]
Land	133
Buildings and Improvements	866
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	999
Accumulated Depreciation	58
Fargo Plaza: | Fargo, ND
Real Estate and Accumulated Depreciation [Line Items]
Land	2,097
Buildings and Improvements	4,774
Total Adjustment to Basis	376
Gross Amount at Which Carried At December 31, 2016	7,247
Accumulated Depreciation	580
Fleet Pride | Birmingham, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	376
Buildings and Improvements	2,607
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,983
Accumulated Depreciation	127
Flower Foods: | Orlando, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	418
Buildings and Improvements	387
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	805
Accumulated Depreciation	23
Flower Foods: | Waldorf, MD
Real Estate and Accumulated Depreciation [Line Items]
Land	398
Buildings and Improvements	1,045
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,443
Accumulated Depreciation	71
Food 4 Less: | Atwater, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,383
Buildings and Improvements	5,271
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	6,654
Accumulated Depreciation	469
Fourth Creek Landing: | Statesville, NC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,700
Land	1,375
Buildings and Improvements	7,795
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	9,170
Accumulated Depreciation	1,010
Fresenius Medical Care: | West Plains, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	557
Buildings and Improvements	3,097
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,654
Accumulated Depreciation	198
Fresh Market Center: | Glen Ellyn, IL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,750
Land	2,767
Buildings and Improvements	6,403
Total Adjustment to Basis	48
Gross Amount at Which Carried At December 31, 2016	9,218
Accumulated Depreciation	411
Fresh Thyme: | Indianapolis, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	1,087
Buildings and Improvements	6,019
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	7,106
Accumulated Depreciation	388
Fresh Thyme: | Northville, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	1,598
Buildings and Improvements	7,796
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	9,394
Accumulated Depreciation	226
Fresh Thyme & DSW: | Fort Wayne, IN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	1,740
Buildings and Improvements	4,153
Total Adjustment to Basis	218
Gross Amount at Which Carried At December 31, 2016	6,111
Accumulated Depreciation	282
Gabe's Hobby Lobby | Harrisonburg, VA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,796
Buildings and Improvements	7,637
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	10,433
Accumulated Depreciation	69
Gander Mountain: | Pensacola, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	2,152
Buildings and Improvements	3,831
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,983
Accumulated Depreciation	282
Gander Mountain: | Waukesha, WI
Real Estate and Accumulated Depreciation [Line Items]
Land	3,408
Buildings and Improvements	12,918
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	16,326
Accumulated Depreciation	749
Giant Eagle: | Seven Fields, PA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,530
Land	1,574
Buildings and Improvements	13,659
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	15,233
Accumulated Depreciation	929
Gold's Gym: | Corpus Christi, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,498
Buildings and Improvements	6,346
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	7,844
Accumulated Depreciation	652
Golden Corral: | Georgetown, KY
Real Estate and Accumulated Depreciation [Line Items]
Land	1,048
Buildings and Improvements	1,452
Total Adjustment to Basis	(1,217)
Gross Amount at Which Carried At December 31, 2016	1,283
Accumulated Depreciation	19
Golden Corral: | Garland, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,255
Buildings and Improvements	2,435
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,690
Accumulated Depreciation	283
Golden Corral: | Houston, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,375
Buildings and Improvements	2,350
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,725
Accumulated Depreciation	259
Golden Corral: | Victoria, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	673
Buildings and Improvements	2,857
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,530
Accumulated Depreciation	185
Goodyear: | Pooler, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	569
Buildings and Improvements	1,484
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,053
Accumulated Depreciation	152
Hancock Village: | Chesterfield, VA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	15,000
Land	8,874
Buildings and Improvements	17,287
Total Adjustment to Basis	131
Gross Amount at Which Carried At December 31, 2016	26,292
Accumulated Depreciation	1,982
Harbor Town Center | Manitowoc, WI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	9,750
Land	3,568
Buildings and Improvements	13,209
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	16,777
Accumulated Depreciation	709
Haverty Furniture: | Midland, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	709
Buildings and Improvements	1,294
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,003
Accumulated Depreciation	176
HEB Center: | Waxahachie, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,000
Land	3,465
Buildings and Improvements	7,952
Total Adjustment to Basis	273
Gross Amount at Which Carried At December 31, 2016	11,690
Accumulated Depreciation	984
Hickory Flat Commons: | Canton, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	9,850
Land	4,482
Buildings and Improvements	13,174
Total Adjustment to Basis	22
Gross Amount at Which Carried At December 31, 2016	17,678
Accumulated Depreciation	1,503
Hobby Lobby: | Burlington, IA
Real Estate and Accumulated Depreciation [Line Items]
Land	629
Buildings and Improvements	1,890
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,519
Accumulated Depreciation	74
Hobby Lobby: | Dickson City, PA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	1,113
Buildings and Improvements	7,946
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	9,059
Accumulated Depreciation	775
Hobby Lobby: | Lewisville, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	2,184
Buildings and Improvements	8,977
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	11,161
Accumulated Depreciation	771
Hobby Lobby: | Mooresville, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	869
Buildings and Improvements	4,249
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,118
Accumulated Depreciation	611
Home Depot: | Lincoln, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	6,339
Buildings and Improvements	5,937
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	12,276
Accumulated Depreciation	193
Home Depot: | North Canton, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,234
Land	2,203
Buildings and Improvements	12,012
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	14,215
Accumulated Depreciation	1,310
Home Depot: | Plainwell, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	521
Buildings and Improvements	11,905
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	12,426
Accumulated Depreciation	1,099
IHOP: | Anderson, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	54
Buildings and Improvements	1,633
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,687
Accumulated Depreciation	105
IHOP: | Columbus, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	408
Buildings and Improvements	1,783
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,191
Accumulated Depreciation	114
IHOP: | Columbus, OH 2
Real Estate and Accumulated Depreciation [Line Items]
Land	315
Buildings and Improvements	1,864
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,179
Accumulated Depreciation	119
IHOP: | Lancaster, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	157
Buildings and Improvements	1,497
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,654
Accumulated Depreciation	96
IHOP: | Rio Rancho, NM
Real Estate and Accumulated Depreciation [Line Items]
Land	599
Buildings and Improvements	2,314
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,913
Accumulated Depreciation	161
IHOP: | Richmond, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	106
Buildings and Improvements	1,428
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,534
Accumulated Depreciation	92
Inglewood Plaza: | Inglewood, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	12,700
Land	9,880
Buildings and Improvements	14,099
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	23,979
Accumulated Depreciation	$ 875

Schedule III - Real Estate As90

Schedule III - Real Estate Assets and Accumulated Depreciation - 5 (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 1,218,122
Land	1,157,916
Buildings and Improvements	3,133,832
Total Adjustment to Basis	78,881
Gross Amount at Which Carried At December 31, 2016	4,370,629	$ 4,185,605	$ 3,590,939	$ 1,960,708
Accumulated Depreciation	245,425	$ 158,805	$ 78,186	$ 23,377
Kirklands: | Dothan, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	486
Buildings and Improvements	946
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,432
Accumulated Depreciation	79
Kirklands: | Jonesboro, AR
Real Estate and Accumulated Depreciation [Line Items]
Land	696
Buildings and Improvements	1,990
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,686
Accumulated Depreciation	205
Kohl’s: | Cedar Falls, IA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,600
Buildings and Improvements	5,796
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	7,396
Accumulated Depreciation	635
Kohl’s: | Charlottesville, VA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	8,745
Land	3,929
Buildings and Improvements	12,280
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	16,209
Accumulated Depreciation	783
Kohl’s: | Easton, MD
Real Estate and Accumulated Depreciation [Line Items]
Land	2,962
Buildings and Improvements	2,661
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,623
Accumulated Depreciation	69
Kohl’s: | Hutchinson, KS
Real Estate and Accumulated Depreciation [Line Items]
Land	3,290
Buildings and Improvements	0
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,290
Accumulated Depreciation	0
Kroger: | Shelton, WA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,180
Buildings and Improvements	11,040
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	12,220
Accumulated Depreciation	868
Kroger: | Whitehall, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,066
Land	581
Buildings and Improvements	6,628
Total Adjustment to Basis	224
Gross Amount at Which Carried At December 31, 2016	7,433
Accumulated Depreciation	580
Kum & Go: | Bentonville (Central), AR
Real Estate and Accumulated Depreciation [Line Items]
Land	916
Buildings and Improvements	1,864
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,780
Accumulated Depreciation	178
Kum & Go: | Conway, AR
Real Estate and Accumulated Depreciation [Line Items]
Land	510
Buildings and Improvements	2,577
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,087
Accumulated Depreciation	166
Kum & Go: | Fairfield, IA
Real Estate and Accumulated Depreciation [Line Items]
Land	422
Buildings and Improvements	1,913
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,335
Accumulated Depreciation	183
Kum & Go: | Mount Vernon, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	708
Buildings and Improvements	1,756
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,464
Accumulated Depreciation	168
Kum & Go: | Urbandale, IA
Real Estate and Accumulated Depreciation [Line Items]
Land	722
Buildings and Improvements	1,658
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,380
Accumulated Depreciation	160
L.A. Fitness: | Bloomfield Township, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	2,287
Buildings and Improvements	10,075
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	12,362
Accumulated Depreciation	1,005
L.A. Fitness: | Columbus, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	1,013
Buildings and Improvements	6,734
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	7,747
Accumulated Depreciation	317
L.A. Fitness: | Garland, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	2,005
Buildings and Improvements	6,861
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	8,866
Accumulated Depreciation	547
L.A. Fitness: | Houston, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	5,764
Buildings and Improvements	5,994
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	11,758
Accumulated Depreciation	524
L.A. Fitness: | Mesa, AZ
Real Estate and Accumulated Depreciation [Line Items]
Land	1,353
Buildings and Improvements	7,730
Total Adjustment to Basis	20
Gross Amount at Which Carried At December 31, 2016	9,103
Accumulated Depreciation	787
L.A. Fitness: | New Lenox, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	1,965
Buildings and Improvements	6,257
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	8,222
Accumulated Depreciation	170
L.A. Fitness: | Ocoee, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	1,173
Buildings and Improvements	6,876
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	8,049
Accumulated Depreciation	644
L.A. Fitness: | Riverside, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,557
Buildings and Improvements	9,951
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	12,508
Accumulated Depreciation	904
Lafayette Pavilions | Lafayette, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	7,632
Buildings and Improvements	42,497
Total Adjustment to Basis	165
Gross Amount at Which Carried At December 31, 2016	50,294
Accumulated Depreciation	2,636
Logan’s Roadhouse: | Bristol, VA
Real Estate and Accumulated Depreciation [Line Items]
Land	991
Buildings and Improvements	2,560
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,551
Accumulated Depreciation	282
Logan’s Roadhouse: | Fort Wayne, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	868
Buildings and Improvements	2,698
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,566
Accumulated Depreciation	188
Logan’s Roadhouse: | Lancaster, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,203
Buildings and Improvements	1,620
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,823
Accumulated Depreciation	185
Logan’s Roadhouse: | Martinsburg, WV
Real Estate and Accumulated Depreciation [Line Items]
Land	925
Buildings and Improvements	2,183
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,108
Accumulated Depreciation	178
Logan’s Roadhouse: | Opelika, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	836
Buildings and Improvements	1,508
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,344
Accumulated Depreciation	174
Logan’s Roadhouse: | Sanford, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	1,031
Buildings and Improvements	1,807
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,838
Accumulated Depreciation	207
Logan’s Roadhouse: | Troy, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	992
Buildings and Improvements	1,577
Total Adjustment to Basis	(1,383)
Gross Amount at Which Carried At December 31, 2016	1,186
Accumulated Depreciation	4
Lord Salisbury Center | Salisbury, MD
Real Estate and Accumulated Depreciation [Line Items]
Land	6,949
Buildings and Improvements	12,179
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	19,128
Accumulated Depreciation	414
Lowe’s: | Adrian, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	2,604
Buildings and Improvements	5,036
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	7,640
Accumulated Depreciation	573
Lowe’s: | Alpharetta, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	12,300
Land	7,979
Buildings and Improvements	9,630
Total Adjustment to Basis	403
Gross Amount at Which Carried At December 31, 2016	18,012
Accumulated Depreciation	455
Lowe’s: | Asheboro, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	1,098
Buildings and Improvements	6,722
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	7,820
Accumulated Depreciation	461
Lowe’s: | Cincinnati, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	14,092
Buildings and Improvements	0
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	14,092
Accumulated Depreciation	0
Lowe’s: | Columbia, SC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,964
Land	3,943
Buildings and Improvements	6,353
Total Adjustment to Basis	750
Gross Amount at Which Carried At December 31, 2016	11,046
Accumulated Depreciation	649
Lowe’s: | Covington, LA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,648
Land	10,233
Buildings and Improvements	0
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	10,233
Accumulated Depreciation	0
Lowe’s: | Hilliard, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,859
Land	5,474
Buildings and Improvements	6,288
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	11,762
Accumulated Depreciation	277
Lowe’s: | Lilburn, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	12,500
Land	8,817
Buildings and Improvements	9,380
Total Adjustment to Basis	385
Gross Amount at Which Carried At December 31, 2016	18,582
Accumulated Depreciation	441
Lowe’s: | Mansfield, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	873
Buildings and Improvements	8,256
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	9,129
Accumulated Depreciation	578
Lowe’s: | Marietta, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	11,000
Land	7,471
Buildings and Improvements	8,404
Total Adjustment to Basis	392
Gross Amount at Which Carried At December 31, 2016	16,267
Accumulated Depreciation	400
Lowe’s: | Oxford, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	1,668
Buildings and Improvements	7,622
Total Adjustment to Basis	369
Gross Amount at Which Carried At December 31, 2016	9,659
Accumulated Depreciation	844
Lowe’s: | Tuscaloosa, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	4,908
Buildings and Improvements	4,786
Total Adjustment to Basis	18
Gross Amount at Which Carried At December 31, 2016	9,712
Accumulated Depreciation	439
Lowe’s: | Woodstock, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	11,200
Land	7,316
Buildings and Improvements	8,879
Total Adjustment to Basis	392
Gross Amount at Which Carried At December 31, 2016	16,587
Accumulated Depreciation	422
Lowe’s: | Zanesville, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	2,161
Buildings and Improvements	8,375
Total Adjustment to Basis	282
Gross Amount at Which Carried At December 31, 2016	10,818
Accumulated Depreciation	693
Market Heights Shopping Center: | Harker Heights, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	47,000
Land	12,888
Buildings and Improvements	64,105
Total Adjustment to Basis	364
Gross Amount at Which Carried At December 31, 2016	77,357
Accumulated Depreciation	6,322
Marketplace at the Lakes: | West Covina, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	11,300
Land	10,020
Buildings and Improvements	8,664
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	18,684
Accumulated Depreciation	1,495
Matteson Center: | Matteson, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	1,243
Buildings and Improvements	17,427
Total Adjustment to Basis	420
Gross Amount at Which Carried At December 31, 2016	19,090
Accumulated Depreciation	1,802
Mattress Firm: | Jonesboro, AR
Real Estate and Accumulated Depreciation [Line Items]
Land	729
Buildings and Improvements	1,194
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,923
Accumulated Depreciation	171
Mattress Firm: | Cincinnati, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	323
Buildings and Improvements	966
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,289
Accumulated Depreciation	64
Mattress Firm: | Appleton, WI
Real Estate and Accumulated Depreciation [Line Items]
Land	895
Buildings and Improvements	1,026
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,921
Accumulated Depreciation	35
Mattress Firm: | Ashtabula, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	301
Buildings and Improvements	1,965
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,266
Accumulated Depreciation	45
Mattress Firm: | Augusta, ME
Real Estate and Accumulated Depreciation [Line Items]
Land	723
Buildings and Improvements	1,354
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,077
Accumulated Depreciation	110
Mattress Firm: | Brunswick, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	343
Buildings and Improvements	1,040
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,383
Accumulated Depreciation	99
Mattress Firm: | Danville, VA
Real Estate and Accumulated Depreciation [Line Items]
Land	274
Buildings and Improvements	1,514
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,788
Accumulated Depreciation	110
Mattress Firm: | Huber Heights, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	854
Buildings and Improvements	903
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,757
Accumulated Depreciation	62
Mattress Firm: | Lakeland, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	259
Buildings and Improvements	1,107
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,366
Accumulated Depreciation	79
Mattress Firm: | Martinsville, VA
Real Estate and Accumulated Depreciation [Line Items]
Land	259
Buildings and Improvements	1,510
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,769
Accumulated Depreciation	60
Mattress Firm: | Middletown, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	142
Buildings and Improvements	1,384
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,526
Accumulated Depreciation	52
Mattress Firm: | Nampa, ID
Real Estate and Accumulated Depreciation [Line Items]
Land	449
Buildings and Improvements	2,213
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,662
Accumulated Depreciation	162
Mattress Firm: | New Bern, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	340
Buildings and Improvements	1,436
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,776
Accumulated Depreciation	87
Mattress Firm: | Pineville, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	1,557
Buildings and Improvements	1,198
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,755
Accumulated Depreciation	153
Mattress Firm: | Port Charlotte, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	382
Buildings and Improvements	1,211
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,593
Accumulated Depreciation	78
Mattress Firm: | Thomasville, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	694
Buildings and Improvements	1,469
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,163
Accumulated Depreciation	40
Mattress FIrm & Aspen Dental: | Vienna, WV
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	774
Buildings and Improvements	2,466
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,240
Accumulated Depreciation	190
Mattress Firm & Five Guys: | Muskegon, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	813
Buildings and Improvements	1,766
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,579
Accumulated Depreciation	112
McAlister's Deli: | Lawton, OK
Real Estate and Accumulated Depreciation [Line Items]
Land	805
Buildings and Improvements	1,057
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,862
Accumulated Depreciation	77
McAlister's Deli: | Port Arthur, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	379
Buildings and Improvements	1,146
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,525
Accumulated Depreciation	96
Melody Mountain | Ashland, KY
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,376
Land	1,286
Buildings and Improvements	9,879
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	11,165
Accumulated Depreciation	342
Men's Warehouse | Fort Wayne, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	421
Buildings and Improvements	2,125
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,546
Accumulated Depreciation	24
Merchants Tire & Auto | Wake Forest, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	782
Buildings and Improvements	1,730
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,512
Accumulated Depreciation	59
Michael’s: | Bowling Green, KY
Real Estate and Accumulated Depreciation [Line Items]
Land	587
Buildings and Improvements	1,992
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,579
Accumulated Depreciation	254
Morganton Heights | Morganton, NC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	22,800
Land	7,032
Buildings and Improvements	29,763
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	36,795
Accumulated Depreciation	2,056
National Tire & Battery: | Cedar Hill, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	469
Buildings and Improvements	1,951
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,420
Accumulated Depreciation	202
National Tire & Battery: | Cypress, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	910
Buildings and Improvements	2,224
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,134
Accumulated Depreciation	81
National Tire & Battery: | Flower Mound, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	779
Buildings and Improvements	2,449
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,228
Accumulated Depreciation	86
National Tire & Battery: | Fort Worth, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	936
Buildings and Improvements	1,234
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,170
Accumulated Depreciation	111
National Tire & Battery: | Fort Worth, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	730
Buildings and Improvements	2,309
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,039
Accumulated Depreciation	81
National Tire & Battery: | Frisco, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	844
Buildings and Improvements	1,608
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,452
Accumulated Depreciation	143
National Tire & Battery: | Montgomery, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	516
Buildings and Improvements	2,494
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,010
Accumulated Depreciation	257
National Tire & Battery: | N. Richland Hills, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	513
Buildings and Improvements	2,579
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,092
Accumulated Depreciation	93
National Tire & Battery: | Pasadena, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	908
Buildings and Improvements	2,307
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,215
Accumulated Depreciation	84
National Tire & Battery: | Pearland, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,016
Buildings and Improvements	2,040
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,056
Accumulated Depreciation	73
National Tire & Battery: | Plano, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,292
Buildings and Improvements	2,197
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,489
Accumulated Depreciation	78
National Tire & Battery: | Tomball, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	838
Buildings and Improvements	2,229
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,067
Accumulated Depreciation	79
Native Wings: | San Antonio, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	821
Buildings and Improvements	2,682
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,503
Accumulated Depreciation	172
Natural Grocers: | Denton, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,326
Buildings and Improvements	3,134
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,460
Accumulated Depreciation	288
Natural Grocers: | Idaho Falls, ID
Real Estate and Accumulated Depreciation [Line Items]
Land	833
Buildings and Improvements	2,316
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,149
Accumulated Depreciation	177
Natural Grocers: | Lubbock, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,093
Buildings and Improvements	3,621
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,714
Accumulated Depreciation	346
Nordstrom Rack: | Tampa, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	6,880
Land	3,371
Buildings and Improvements	6,402
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	9,773
Accumulated Depreciation	939
North Logan Commons | Loganville, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	4,535
Buildings and Improvements	11,826
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	16,361
Accumulated Depreciation	145
Northwest Plaza | Tampa, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	1,816
Buildings and Improvements	4,834
Total Adjustment to Basis	254
Gross Amount at Which Carried At December 31, 2016	6,904
Accumulated Depreciation	206
O’Reilly Automotive: | Brownfield, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	22
Buildings and Improvements	835
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	857
Accumulated Depreciation	103
O’Reilly Automotive: | Clayton, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	501
Buildings and Improvements	945
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,446
Accumulated Depreciation	23
O’Reilly Automotive: | Columbus, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	260
Buildings and Improvements	757
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,017
Accumulated Depreciation	89
O’Reilly Automotive: | Lamesa, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	64
Buildings and Improvements	608
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	672
Accumulated Depreciation	32
O’Reilly Automotive: | Stanley, ND
Real Estate and Accumulated Depreciation [Line Items]
Land	323
Buildings and Improvements	662
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	985
Accumulated Depreciation	40
Owensboro Towne Center | Owensboro, KY
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	14,027
Land	3,807
Buildings and Improvements	16,259
Total Adjustment to Basis	168
Gross Amount at Which Carried At December 31, 2016	20,234
Accumulated Depreciation	433
Park Place: | Enterprise, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	6,505
Land	931
Buildings and Improvements	8,595
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	9,526
Accumulated Depreciation	756
Parkway Centre South | Groove City, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	14,250
Land	7,027
Buildings and Improvements	18,223
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	25,250
Accumulated Depreciation	292
Pecanland Place | Monroe, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,206
Buildings and Improvements	18,957
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	21,163
Accumulated Depreciation	657
Pep Boys: | Clermont, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	799
Buildings and Improvements	1,993
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,792
Accumulated Depreciation	193
Pep Boys: | Oviedo, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	669
Buildings and Improvements	2,172
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,841
Accumulated Depreciation	192
PetSmart: | Baton Rouge, LA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,509
Land	651
Buildings and Improvements	2,968
Total Adjustment to Basis	113
Gross Amount at Which Carried At December 31, 2016	3,732
Accumulated Depreciation	384
PetSmart: | Commerce Township, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	539
Buildings and Improvements	1,960
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,499
Accumulated Depreciation	252
PetSmart: | East Peoria, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	997
Buildings and Improvements	3,345
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,342
Accumulated Depreciation	193
PetSmart: | Eden Prairie, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	1,279
Buildings and Improvements	2,030
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,309
Accumulated Depreciation	188
PetSmart: | Edmond, OK
Real Estate and Accumulated Depreciation [Line Items]
Land	816
Buildings and Improvements	3,266
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,082
Accumulated Depreciation	344
PetSmart: | North Fayette Township, PA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,615
Buildings and Improvements	1,503
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,118
Accumulated Depreciation	162
PetSmart: | Overland Park, KS
Real Estate and Accumulated Depreciation [Line Items]
Land	2,025
Buildings and Improvements	2,181
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,206
Accumulated Depreciation	191
PetSmart: | Taylor, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	331
Buildings and Improvements	2,438
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,769
Accumulated Depreciation	292
PetSmart: | Tucson, AZ
Real Estate and Accumulated Depreciation [Line Items]
Land	1,114
Buildings and Improvements	2,771
Total Adjustment to Basis	98
Gross Amount at Which Carried At December 31, 2016	3,983
Accumulated Depreciation	280
PetSmart: | Wilkesboro, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	447
Buildings and Improvements	1,710
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,157
Accumulated Depreciation	217
Petsmart/Old Navy: | Reynoldsburg, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,658
Land	1,295
Buildings and Improvements	4,077
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,372
Accumulated Depreciation	493
Pick’N Save: | Pewaukee, WI
Real Estate and Accumulated Depreciation [Line Items]
Land	1,323
Buildings and Improvements	6,761
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	8,084
Accumulated Depreciation	485
Pick’N Save: | Sheboygan, WI
Real Estate and Accumulated Depreciation [Line Items]
Land	2,003
Buildings and Improvements	10,695
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	12,698
Accumulated Depreciation	1,212
Pick’N Save: | South Milwaukee, WI
Real Estate and Accumulated Depreciation [Line Items]
Land	1,126
Buildings and Improvements	5,706
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	6,832
Accumulated Depreciation	463
Plainfield Plaza | Plainfield, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	3,167
Buildings and Improvements	14,788
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	17,955
Accumulated Depreciation	450
Plaza San Mateo: | Albuquerque, NM
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	6,950
Land	2,867
Buildings and Improvements	11,582
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	14,449
Accumulated Depreciation	823
Popeyes: | Independence, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	333
Buildings and Improvements	680
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,013
Accumulated Depreciation	45
Poplar Springs Plaza: | Duncan, SC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,000
Land	1,862
Buildings and Improvements	5,277
Total Adjustment to Basis	149
Gross Amount at Which Carried At December 31, 2016	7,288
Accumulated Depreciation	585
Price Chopper: | Gardner, MA
Real Estate and Accumulated Depreciation [Line Items]
Land	858
Buildings and Improvements	12,171
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	13,029
Accumulated Depreciation	719
Quick Chek: | Kingston, NY
Real Estate and Accumulated Depreciation [Line Items]
Land	831
Buildings and Improvements	5,783
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	6,614
Accumulated Depreciation	536
Quick Chek: | Lake Katrine, NY
Real Estate and Accumulated Depreciation [Line Items]
Land	1,507
Buildings and Improvements	4,569
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	6,076
Accumulated Depreciation	414
Quick Chek: | Middletown (Main), NY
Real Estate and Accumulated Depreciation [Line Items]
Land	1,335
Buildings and Improvements	5,732
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	7,067
Accumulated Depreciation	531
Quick Chek: | Middletown, NY 1
Real Estate and Accumulated Depreciation [Line Items]
Land	1,297
Buildings and Improvements	5,963
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	7,260
Accumulated Depreciation	552
Quick Chek: | Middletown, NY 2
Real Estate and Accumulated Depreciation [Line Items]
Land	1,437
Buildings and Improvements	4,656
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	6,093
Accumulated Depreciation	434
Quick Chek: | Sagerties, NY
Real Estate and Accumulated Depreciation [Line Items]
Land	1,242
Buildings and Improvements	5,372
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	6,614
Accumulated Depreciation	499
Raising Cane's: | Beaumont, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	839
Buildings and Improvements	1,288
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,127
Accumulated Depreciation	85
Raising Cane's: | Phoenix, AZ
Real Estate and Accumulated Depreciation [Line Items]
Land	761
Buildings and Improvements	1,972
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,733
Accumulated Depreciation	138
Raising Cane's: | Wichita Falls, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	426
Buildings and Improvements	1,947
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,373
Accumulated Depreciation	134
Regent Towne Center | Fort Mill, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	1,455
Buildings and Improvements	5,063
Total Adjustment to Basis	61
Gross Amount at Which Carried At December 31, 2016	6,579
Accumulated Depreciation	$ 547

Schedule III - Real Estate As91

Schedule III - Real Estate Assets and Accumulated Depreciation - 6 (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 1,218,122
Land	1,157,916
Buildings and Improvements	3,133,832
Total Adjustment to Basis	78,881
Gross Amount at Which Carried At December 31, 2016	4,370,629	$ 4,185,605	$ 3,590,939	$ 1,960,708
Accumulated Depreciation	245,425	$ 158,805	$ 78,186	$ 23,377
Rite Aid | Columbia, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	854
Buildings and Improvements	2,281
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,135
Accumulated Depreciation	187
Rite Aid | Jenison, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	438
Buildings and Improvements	1,491
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,929
Accumulated Depreciation	107
Rocky River Promenade | Mooresville, NC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,989
Land	2,446
Buildings and Improvements	3,159
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,605
Accumulated Depreciation	208
Rolling Acres Plaza | Lady Lake, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	21,930
Land	7,540
Buildings and Improvements	26,839
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	34,379
Accumulated Depreciation	220
Ross | Fort Worth, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,273
Buildings and Improvements	3,157
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,430
Accumulated Depreciation	377
Rushmore Crossing: | Rapid City, SD
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	23,992
Land	7,066
Buildings and Improvements	33,019
Total Adjustment to Basis	105
Gross Amount at Which Carried At December 31, 2016	40,190
Accumulated Depreciation	3,420
Rushmore Crossing: | Rapid City, SD 2
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	883
Buildings and Improvements	4,128
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,011
Accumulated Depreciation	466
Sherwin-Williams | Macon, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	59
Buildings and Improvements	659
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	718
Accumulated Depreciation	29
Shippensburg Market Place: | Shippensburg, PA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,917
Buildings and Improvements	9,263
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	11,180
Accumulated Depreciation	593
Shopko: | Ballard, UT
Real Estate and Accumulated Depreciation [Line Items]
Land	334
Buildings and Improvements	2,865
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,199
Accumulated Depreciation	61
Shopko: | Brokem Bow, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	244
Buildings and Improvements	1,733
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,977
Accumulated Depreciation	129
Shopko: | Cherokee, IA
Real Estate and Accumulated Depreciation [Line Items]
Land	217
Buildings and Improvements	3,326
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,543
Accumulated Depreciation	90
Shopko: | Cokato, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	358
Buildings and Improvements	3,229
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,587
Accumulated Depreciation	95
Shopko: | Valentine, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	395
Buildings and Improvements	3,549
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,944
Accumulated Depreciation	266
Shopko: | Webster City, IA
Real Estate and Accumulated Depreciation [Line Items]
Land	656
Buildings and Improvements	2,868
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,524
Accumulated Depreciation	66
Shoppes at Lake Andrew: | Melbourne, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	3,924
Buildings and Improvements	16,840
Total Adjustment to Basis	15
Gross Amount at Which Carried At December 31, 2016	20,779
Accumulated Depreciation	1,566
Shoppes at Stroud: | Stroud Township, PA
Real Estate and Accumulated Depreciation [Line Items]
Land	3,754
Buildings and Improvements	22,614
Total Adjustment to Basis	32
Gross Amount at Which Carried At December 31, 2016	26,400
Accumulated Depreciation	1,481
Sleepy's | Burlington, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	393
Buildings and Improvements	1,648
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,041
Accumulated Depreciation	75
Sleepy's | Joliet, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	287
Buildings and Improvements	1,552
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,839
Accumulated Depreciation	74
Southwest Plaza: | Springfield, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	2,992
Buildings and Improvements	48,935
Total Adjustment to Basis	7
Gross Amount at Which Carried At December 31, 2016	51,934
Accumulated Depreciation	3,686
Spinx: | Simpsonville, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	591
Buildings and Improvements	969
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,560
Accumulated Depreciation	97
Springfield Commons | Springfield, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	11,250
Land	3,745
Buildings and Improvements	15,049
Total Adjustment to Basis	106
Gross Amount at Which Carried At December 31, 2016	18,900
Accumulated Depreciation	739
Sprouts: | Bixby, OK
Real Estate and Accumulated Depreciation [Line Items]
Land	1,320
Buildings and Improvements	7,117
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	8,437
Accumulated Depreciation	634
Staples | Plainfield, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	400
Buildings and Improvements	2,099
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,499
Accumulated Depreciation	107
Stoneridge Village: | Jefferson City, MO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	6,500
Land	1,830
Buildings and Improvements	9,351
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	11,181
Accumulated Depreciation	744
Stop & Shop | Brockton, MA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	11,241
Land	4,259
Buildings and Improvements	13,285
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	17,544
Accumulated Depreciation	627
Stripes: | Brownsville, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	210
Buildings and Improvements	2,386
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,596
Accumulated Depreciation	306
Stripes: | Brownwood, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	484
Buildings and Improvements	3,086
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,570
Accumulated Depreciation	381
Stripes: | Mcallen, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	604
Buildings and Improvements	1,909
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,513
Accumulated Depreciation	284
Stripes: | Midland, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	620
Buildings and Improvements	5,551
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	6,171
Accumulated Depreciation	634
Stripes: | Mission, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	215
Buildings and Improvements	2,170
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,385
Accumulated Depreciation	279
Stripes: | Odessa, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	569
Buildings and Improvements	4,940
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,509
Accumulated Depreciation	561
Summerfield Crossing: | Riverview, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,310
Land	6,130
Buildings and Improvements	6,753
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	12,883
Accumulated Depreciation	653
Sunbelt Rentals: | Canton, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	147
Buildings and Improvements	1,679
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,826
Accumulated Depreciation	184
Sunbelt Rentals: | Houston, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	535
Buildings and Improvements	1,664
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,199
Accumulated Depreciation	118
Sunoco: | Cocoa, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	625
Buildings and Improvements	1,062
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,687
Accumulated Depreciation	99
Sunoco: | Mangonia Park, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	689
Buildings and Improvements	600
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,289
Accumulated Depreciation	56
Sunoco: | Merritt Island, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	610
Buildings and Improvements	1,123
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,733
Accumulated Depreciation	105
Sunoco: | Palm Beach Gardens, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	1,050
Buildings and Improvements	2,667
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,717
Accumulated Depreciation	248
Sunoco: | Palm City, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	667
Buildings and Improvements	1,698
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,365
Accumulated Depreciation	158
Sunoco: | Palm Springs, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	580
Buildings and Improvements	1,907
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,487
Accumulated Depreciation	177
Sunoco: | Sebastian, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	490
Buildings and Improvements	2,128
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,618
Accumulated Depreciation	198
Sunoco: | Titusville, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	626
Buildings and Improvements	2,534
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,160
Accumulated Depreciation	236
Sunoco: | West Palm Beach, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	637
Buildings and Improvements	443
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,080
Accumulated Depreciation	42
Sunoco Center: | Titusville, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	799
Buildings and Improvements	587
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,386
Accumulated Depreciation	57
Sutters Creek: | Rocky Mount, NC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	1,458
Buildings and Improvements	2,616
Total Adjustment to Basis	154
Gross Amount at Which Carried At December 31, 2016	4,228
Accumulated Depreciation	249
Sweet Tomatoes: | Overland Park, KS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	806
Buildings and Improvements	3,600
Total Adjustment to Basis	(2,717)
Gross Amount at Which Carried At December 31, 2016	1,689
Accumulated Depreciation	0
Sweet Tomatoes: | St. Louis, MO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	1,254
Buildings and Improvements	3,354
Total Adjustment to Basis	(3,006)
Gross Amount at Which Carried At December 31, 2016	1,602
Accumulated Depreciation	0
Target Center: | Columbia, SC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,450
Land	3,234
Buildings and Improvements	7,297
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	10,531
Accumulated Depreciation	558
Terrell Mill Village: | Marietta, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,500
Land	3,079
Buildings and Improvements	11,185
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	14,264
Accumulated Depreciation	971
TGI Friday's: | Chesapeake, VA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,217
Buildings and Improvements	1,388
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,605
Accumulated Depreciation	94
TGI Friday's: | Wilmington, DE
Real Estate and Accumulated Depreciation [Line Items]
Land	1,685
Buildings and Improvements	969
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,654
Accumulated Depreciation	67
The Center at Hobbs Brook | Sturbridge, MA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	21,500
Land	11,241
Buildings and Improvements	29,152
Total Adjustment to Basis	794
Gross Amount at Which Carried At December 31, 2016	41,187
Accumulated Depreciation	541
The Market at Clifty Crossing: | Columbus, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	2,669
Buildings and Improvements	16,308
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	18,977
Accumulated Depreciation	1,871
The Market at Polaris: | Columbus, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	11,828
Buildings and Improvements	41,702
Total Adjustment to Basis	302
Gross Amount at Which Carried At December 31, 2016	53,832
Accumulated Depreciation	3,596
The Marquis: | Williamsburg, VA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	8,556
Land	2,615
Buildings and Improvements	11,406
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	14,021
Accumulated Depreciation	1,350
The Plant: | San Jose, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	123,000
Land	67,596
Buildings and Improvements	108,203
Total Adjustment to Basis	374
Gross Amount at Which Carried At December 31, 2016	176,173
Accumulated Depreciation	12,170
The Ridge at Turtle Creek | Hattiesburg, MS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	9,900
Land	2,749
Buildings and Improvements	12,434
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	15,183
Accumulated Depreciation	629
Tilted Kilt: | Killeen, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,378
Buildings and Improvements	1,508
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,886
Accumulated Depreciation	96
Tire Kingdom: | Bluffton, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	645
Buildings and Improvements	1,688
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,333
Accumulated Depreciation	57
Tire Kingdom: | Summerville, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	1,208
Buildings and Improvements	1,233
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,441
Accumulated Depreciation	43
Tire Kingdom: | Tarpon Springs, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	427
Buildings and Improvements	1,458
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,885
Accumulated Depreciation	155
Tire Kingdom & Starbucks | Mt Pleasant, SC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,400
Land	1,291
Buildings and Improvements	3,149
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,440
Accumulated Depreciation	108
TJ Maxx/Dollar Tree: | Oxford, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	641
Buildings and Improvements	2,673
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,314
Accumulated Depreciation	332
Tractor Supply: | Ashland, VA
Real Estate and Accumulated Depreciation [Line Items]
Land	500
Buildings and Improvements	2,696
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,196
Accumulated Depreciation	224
Tractor Supply: | Augusta, KS
Real Estate and Accumulated Depreciation [Line Items]
Land	407
Buildings and Improvements	2,315
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,722
Accumulated Depreciation	183
Tractor Supply: | Cambridge, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	807
Buildings and Improvements	1,272
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,079
Accumulated Depreciation	181
Tractor Supply: | Canon City, CO
Real Estate and Accumulated Depreciation [Line Items]
Land	597
Buildings and Improvements	2,527
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,124
Accumulated Depreciation	261
Tractor Supply: | Fortuna, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	568
Buildings and Improvements	3,819
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,387
Accumulated Depreciation	262
Tractor Supply: | Lumberton, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	611
Buildings and Improvements	2,007
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,618
Accumulated Depreciation	208
Tractor Supply: | Marion, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	1,536
Buildings and Improvements	1,099
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,635
Accumulated Depreciation	92
Tractor Supply: | Monticello, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	448
Buildings and Improvements	1,916
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,364
Accumulated Depreciation	195
Tractor Supply: | Newnan, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,182
Buildings and Improvements	1,950
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,132
Accumulated Depreciation	219
Tractor Supply: | Petersburg, VA
Real Estate and Accumulated Depreciation [Line Items]
Land	514
Buildings and Improvements	2,439
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,953
Accumulated Depreciation	208
Tractor Supply: | South Hill, VA
Real Estate and Accumulated Depreciation [Line Items]
Land	630
Buildings and Improvements	2,179
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,809
Accumulated Depreciation	209
Tractor Supply: | Spencer, WV
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,659
Land	455
Buildings and Improvements	2,188
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,643
Accumulated Depreciation	258
Tractor Supply: | Stuttgart, AR
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,543
Land	47
Buildings and Improvements	2,519
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,566
Accumulated Depreciation	247
Tractor Supply: | Weaverville, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	867
Buildings and Improvements	3,138
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,005
Accumulated Depreciation	282
Tractor Supply: | Woodward, OK
Real Estate and Accumulated Depreciation [Line Items]
Land	446
Buildings and Improvements	1,973
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,419
Accumulated Depreciation	176
Trader Joe's: | Columbia, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	2,308
Buildings and Improvements	2,597
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,905
Accumulated Depreciation	289
Trader Joe's: | Asheville, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	2,770
Buildings and Improvements	3,766
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	6,536
Accumulated Depreciation	331
Trader Joe's: | Wilmington, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	2,016
Buildings and Improvements	2,519
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,535
Accumulated Depreciation	296
Turfway Crossing: | Florence, KY
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	8,480
Land	2,261
Buildings and Improvements	10,323
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	12,584
Accumulated Depreciation	867
Ulta Salon: | Albany, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	441
Buildings and Improvements	1,757
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,198
Accumulated Depreciation	124
Ulta Salon: | Greeley, CO
Real Estate and Accumulated Depreciation [Line Items]
Land	596
Buildings and Improvements	2,035
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,631
Accumulated Depreciation	97
United Oil: | Alhambra, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,032
Land	3,026
Buildings and Improvements	751
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,777
Accumulated Depreciation	43
United Oil: | Bellflower, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	755
Land	1,312
Buildings and Improvements	576
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,888
Accumulated Depreciation	33
United Oil: | Bellflower, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,246
Buildings and Improvements	788
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,034
Accumulated Depreciation	46
United Oil: | Brea, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,393
Buildings and Improvements	658
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,051
Accumulated Depreciation	38
United Oil: | Burbank, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,193
Land	3,474
Buildings and Improvements	594
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,068
Accumulated Depreciation	34
United Oil: | Burbank, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,484
Land	1,750
Buildings and Improvements	574
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,324
Accumulated Depreciation	33
United Oil: | Chino, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,167
Land	1,449
Buildings and Improvements	730
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,179
Accumulated Depreciation	42
United Oil: | Compton, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	805
Land	992
Buildings and Improvements	460
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,452
Accumulated Depreciation	$ 26

Schedule III - Real Estate As92

Schedule III - Real Estate Assets and Accumulated Depreciation - 7 (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 1,218,122
Land	1,157,916
Buildings and Improvements	3,133,832
Total Adjustment to Basis	78,881
Gross Amount at Which Carried At December 31, 2016	4,370,629	$ 4,185,605	$ 3,590,939	$ 1,960,708
Accumulated Depreciation	245,425	$ 158,805	$ 78,186	$ 23,377
United Oil: | El Cajon, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,533
Buildings and Improvements	568
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,101
Accumulated Depreciation	33
United Oil: | El Cajon, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,225
Buildings and Improvements	368
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,593
Accumulated Depreciation	21
United Oil: | El Monte, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	766
Buildings and Improvements	510
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,276
Accumulated Depreciation	29
United Oil: | Escondido, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,107
Land	678
Buildings and Improvements	470
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,148
Accumulated Depreciation	27
United Oil: | Escondido, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	3,514
Buildings and Improvements	1,062
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,576
Accumulated Depreciation	61
United Oil: | Fountain Valley, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,459
Land	1,809
Buildings and Improvements	806
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,615
Accumulated Depreciation	46
United Oil: | Glendale, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	4,871
Buildings and Improvements	795
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,666
Accumulated Depreciation	46
United Oil: | Inglewood, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,809
Buildings and Improvements	878
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,687
Accumulated Depreciation	51
United Oil: | La Habra, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,971
Buildings and Improvements	571
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,542
Accumulated Depreciation	33
United Oil: | Lawndale, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,462
Buildings and Improvements	862
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,324
Accumulated Depreciation	50
United Oil: | Long Beach, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,061
Land	974
Buildings and Improvements	772
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,746
Accumulated Depreciation	44
United Oil: | Long Beach, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,778
Buildings and Improvements	883
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,661
Accumulated Depreciation	51
United Oil: | Long Beach, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,288
Land	1,972
Buildings and Improvements	643
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,615
Accumulated Depreciation	37
United Oil: | Los Angeles, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,334
Buildings and Improvements	717
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,051
Accumulated Depreciation	41
United Oil: | Los Angeles, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	3,552
Buildings and Improvements	1,242
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,794
Accumulated Depreciation	71
United Oil: | Los Angeles, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,745
Buildings and Improvements	669
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,414
Accumulated Depreciation	38
United Oil: | Los Angeles, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,923
Land	3,823
Buildings and Improvements	825
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,648
Accumulated Depreciation	48
United Oil: | Los Angeles, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	3,930
Buildings and Improvements	428
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,358
Accumulated Depreciation	25
United Oil: | Los Angeles, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,590
Land	1,710
Buildings and Improvements	905
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,615
Accumulated Depreciation	52
United Oil: | Los Angeles, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,927
Buildings and Improvements	1,484
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,411
Accumulated Depreciation	85
United Oil: | Los Angeles, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,182
Buildings and Improvements	701
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,883
Accumulated Depreciation	40
United Oil: | Lynwood, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,640
Land	2,386
Buildings and Improvements	737
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,123
Accumulated Depreciation	42
United Oil: | Menifee, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,284
Land	2,853
Buildings and Improvements	924
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,777
Accumulated Depreciation	53
United Oil: | Monrovia, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,660
Land	2,365
Buildings and Improvements	686
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,051
Accumulated Depreciation	40
United Oil: | Norco, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,852
Buildings and Improvements	1,489
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,341
Accumulated Depreciation	86
United Oil: | Norco, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,424
Land	1,869
Buildings and Improvements	891
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,760
Accumulated Depreciation	51
United Oil: | North Hollywood, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,998
Land	4,663
Buildings and Improvements	858
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,521
Accumulated Depreciation	49
United Oil: | Oceanside, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,264
Land	2,163
Buildings and Improvements	1,248
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,411
Accumulated Depreciation	72
United Oil: | Paramount, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	664
Land	1,301
Buildings and Improvements	1,024
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,325
Accumulated Depreciation	59
United Oil: | Pomona, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,273
Land	1,740
Buildings and Improvements	730
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,470
Accumulated Depreciation	42
United Oil: | Poway, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	3,072
Buildings and Improvements	705
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,777
Accumulated Depreciation	41
United Oil: | San Diego, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,977
Buildings and Improvements	1,448
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,425
Accumulated Depreciation	83
United Oil: | San Diego, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,877
Buildings and Improvements	883
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,760
Accumulated Depreciation	51
United Oil: | San Diego, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,038
Land	1,215
Buildings and Improvements	841
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,056
Accumulated Depreciation	48
United Oil: | San Diego, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,824
Buildings and Improvements	382
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,206
Accumulated Depreciation	22
United Oil: | San Pedro, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,655
Land	2,086
Buildings and Improvements	675
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,761
Accumulated Depreciation	39
United Oil: | Santa Clarita, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	4,787
Buildings and Improvements	733
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,520
Accumulated Depreciation	42
United Oil: | Sun City, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,136
Buildings and Improvements	1,421
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,557
Accumulated Depreciation	82
United Oil: | Valley Center, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,284
Land	2,680
Buildings and Improvements	1,606
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,286
Accumulated Depreciation	92
United Oil: | Van Nuys, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,284
Land	2,439
Buildings and Improvements	902
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,341
Accumulated Depreciation	52
United Oil: | Van Nuys, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,152
Land	1,786
Buildings and Improvements	684
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,470
Accumulated Depreciation	39
United Oil: | Van Nuys, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,681
Land	3,980
Buildings and Improvements	741
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,721
Accumulated Depreciation	43
United Oil: | Vista, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,063
Buildings and Improvements	334
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,397
Accumulated Depreciation	19
United Oil: | Vista, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,028
Buildings and Improvements	418
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,446
Accumulated Depreciation	24
United Oil: | Whittier, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,629
Buildings and Improvements	985
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,614
Accumulated Depreciation	57
United Oil: | Wilmington, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,680
Land	1,615
Buildings and Improvements	1,145
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,760
Accumulated Depreciation	66
United Oil: | Woodland Hills, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,159
Land	4,946
Buildings and Improvements	647
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,593
Accumulated Depreciation	37
University Marketplace: | Marion, IN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,050
Land	850
Buildings and Improvements	6,722
Total Adjustment to Basis	121
Gross Amount at Which Carried At December 31, 2016	7,693
Accumulated Depreciation	874
Ventura Place | Albuquerque, NM
Real Estate and Accumulated Depreciation [Line Items]
Land	5,203
Buildings and Improvements	7,998
Total Adjustment to Basis	72
Gross Amount at Which Carried At December 31, 2016	13,273
Accumulated Depreciation	448
Village at Hereford Farms: | Grovetown, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,250
Land	1,222
Buildings and Improvements	5,912
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	7,134
Accumulated Depreciation	373
Waite Park Center | Waite Park, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	2,576
Buildings and Improvements	15,484
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	18,060
Accumulated Depreciation	18
Wal-Mart: | Anderson, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	2,424
Buildings and Improvements	9,719
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	12,143
Accumulated Depreciation	275
Wal-Mart: | Florence, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	2,013
Buildings and Improvements	9,225
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	11,238
Accumulated Depreciation	259
Wal-Mart: | Perry, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,095
Land	2,270
Buildings and Improvements	11,053
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	13,323
Accumulated Depreciation	1,110
Wal-Mart: | Summerville, SC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,300
Land	2,410
Buildings and Improvements	2,098
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,508
Accumulated Depreciation	76
Wal-Mart: | Tallahassee, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	8,157
Land	14,823
Buildings and Improvements	0
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	14,823
Accumulated Depreciation	0
Wal-Mart: | York, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	1,913
Buildings and Improvements	11,410
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	13,323
Accumulated Depreciation	1,139
Walgreens | Andover, KS
Real Estate and Accumulated Depreciation [Line Items]
Land	630
Buildings and Improvements	3,057
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,687
Accumulated Depreciation	289
Walgreens | Arkadelphia, AR
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,225
Land	787
Buildings and Improvements	4,626
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,413
Accumulated Depreciation	249
Walgreens | Austintown, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	637
Buildings and Improvements	4,173
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,810
Accumulated Depreciation	356
Walgreens | Bartlett, TN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,150
Land	1,086
Buildings and Improvements	4,321
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,407
Accumulated Depreciation	244
Walgreens | Bartlett, TN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,150
Land	799
Buildings and Improvements	4,608
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,407
Accumulated Depreciation	259
Walgreens | Birmingham, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	985
Buildings and Improvements	4,938
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,923
Accumulated Depreciation	466
Walgreens | Birmingham, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,300
Land	738
Buildings and Improvements	4,844
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,582
Accumulated Depreciation	272
Walgreens | Blair, NE
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,466
Land	335
Buildings and Improvements	3,544
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,879
Accumulated Depreciation	423
Walgreens | Chicopee, MA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,894
Land	2,094
Buildings and Improvements	4,945
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	7,039
Accumulated Depreciation	275
Walgreens | Colerain Township, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,200
Land	1,991
Buildings and Improvements	3,470
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,461
Accumulated Depreciation	190
Walgreens | Connelly Springs, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	1,349
Buildings and Improvements	3,628
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,977
Accumulated Depreciation	317
Walgreens | Cullman, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,542
Land	1,292
Buildings and Improvements	3,779
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,071
Accumulated Depreciation	378
Walgreens | Danville, VA
Real Estate and Accumulated Depreciation [Line Items]
Land	989
Buildings and Improvements	4,547
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,536
Accumulated Depreciation	492
Walgreens | Dearborn Heights, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	2,236
Buildings and Improvements	3,411
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,647
Accumulated Depreciation	305
Walgreens | Decatur, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,625
Land	631
Buildings and Improvements	4,161
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,792
Accumulated Depreciation	234
Walgreens | Dyersburg, TN
Real Estate and Accumulated Depreciation [Line Items]
Land	555
Buildings and Improvements	4,088
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,643
Accumulated Depreciation	268
Walgreens | East Chicago, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	331
Buildings and Improvements	5,242
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,573
Accumulated Depreciation	312
Walgreens | Enterprise, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,575
Land	839
Buildings and Improvements	3,844
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,683
Accumulated Depreciation	217
Walgreens | Evansville, IN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,040
Land	812
Buildings and Improvements	4,439
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,251
Accumulated Depreciation	251
Walgreens | Florence, KY
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,125
Land	1,086
Buildings and Improvements	4,206
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,292
Accumulated Depreciation	230
Walgreens | Forrest City, AR
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,825
Land	643
Buildings and Improvements	5,287
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,930
Accumulated Depreciation	297
Walgreens | Fort Madison, IA
Real Estate and Accumulated Depreciation [Line Items]
Land	514
Buildings and Improvements	3,723
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,237
Accumulated Depreciation	316
Walgreens | Franklin, TN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,200
Land	1,457
Buildings and Improvements	4,075
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,532
Accumulated Depreciation	230
Walgreens | Fraser, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	518
Buildings and Improvements	4,525
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,043
Accumulated Depreciation	309
Walgreens | Hickory, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	1,100
Buildings and Improvements	4,241
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,341
Accumulated Depreciation	427
Walgreens | Hobart, IN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,875
Land	594
Buildings and Improvements	4,526
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,120
Accumulated Depreciation	254
Walgreens | Huntsville, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,273
Land	1,931
Buildings and Improvements	2,457
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,388
Accumulated Depreciation	258
Walgreens | Kannapolis, NC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,966
Land	1,480
Buildings and Improvements	5,031
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	6,511
Accumulated Depreciation	459
Walgreens | Knoxville, TN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,725
Land	1,139
Buildings and Improvements	3,750
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,889
Accumulated Depreciation	211
Walgreens | Las Vegas, NV
Real Estate and Accumulated Depreciation [Line Items]
Land	2,325
Buildings and Improvements	3,262
Total Adjustment to Basis	67
Gross Amount at Which Carried At December 31, 2016	5,654
Accumulated Depreciation	280
Walgreens | Lawton, OK
Real Estate and Accumulated Depreciation [Line Items]
Land	860
Buildings and Improvements	2,539
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,399
Accumulated Depreciation	228
Walgreens | Little Rock, AR
Real Estate and Accumulated Depreciation [Line Items]
Land	548
Buildings and Improvements	4,676
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,224
Accumulated Depreciation	298
Walgreens | Little Rock, AR
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,100
Land	1,115
Buildings and Improvements	4,248
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,363
Accumulated Depreciation	239
Walgreens | Lubbock, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	565
Buildings and Improvements	3,257
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,822
Accumulated Depreciation	350
Walgreens | Lubbock, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	531
Buildings and Improvements	2,951
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,482
Accumulated Depreciation	314
Walgreens | Malvern, AR
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,165
Land	1,007
Buildings and Improvements	4,325
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,332
Accumulated Depreciation	233
Walgreens | Memphis, TN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,775
Land	776
Buildings and Improvements	4,166
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,942
Accumulated Depreciation	234
Walgreens | Metropolis, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	284
Buildings and Improvements	4,991
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,275
Accumulated Depreciation	297
Walgreens | Michigan City, IN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,200
Land	567
Buildings and Improvements	3,615
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,182
Accumulated Depreciation	207
Walgreens | Mobile, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	1,603
Buildings and Improvements	3,161
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,764
Accumulated Depreciation	259
Walgreens | Mount Washington, KY
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,125
Land	545
Buildings and Improvements	4,825
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,370
Accumulated Depreciation	271
Walgreens | Oakland, TN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,750
Land	689
Buildings and Improvements	4,226
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,915
Accumulated Depreciation	236
Walgreens | Oklahoma City, OK
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,950
Land	1,356
Buildings and Improvements	3,869
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,225
Accumulated Depreciation	223
Walgreens | Olathe, KS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,230
Land	1,266
Buildings and Improvements	4,047
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,313
Accumulated Depreciation	227
Walgreens | Phoenix, AZ
Real Estate and Accumulated Depreciation [Line Items]
Land	2,216
Buildings and Improvements	1,830
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,046
Accumulated Depreciation	187
Walgreens | Pine Bluff, AR
Real Estate and Accumulated Depreciation [Line Items]
Land	248
Buildings and Improvements	5,229
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,477
Accumulated Depreciation	443
Walgreens | Ralston, NE
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,265
Land	967
Buildings and Improvements	4,620
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,587
Accumulated Depreciation	259
Walgreens | River Falls, WI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,200
Land	634
Buildings and Improvements	5,137
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,771
Accumulated Depreciation	286
Walgreens | Sacramento, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	324
Buildings and Improvements	2,669
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,993
Accumulated Depreciation	178
Walgreens | Sioux Falls, SD
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,625
Land	1,138
Buildings and Improvements	3,784
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,922
Accumulated Depreciation	214
Walgreens | Springdale, AR
Real Estate and Accumulated Depreciation [Line Items]
Land	1,172
Buildings and Improvements	4,509
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,681
Accumulated Depreciation	369
Walgreens | Springfield, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	830
Buildings and Improvements	3,619
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,449
Accumulated Depreciation	431
Walgreens | St. Charles, MO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,600
Land	1,644
Buildings and Improvements	4,364
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	6,008
Accumulated Depreciation	246
Walgreens | St. Louis, MO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,600
Land	1,432
Buildings and Improvements	4,556
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,988
Accumulated Depreciation	257
Walgreens | St. Louis, MO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,790
Land	1,414
Buildings and Improvements	4,622
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	6,036
Accumulated Depreciation	260
Walgreens | Suffolk VA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,261
Buildings and Improvements	3,461
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,722
Accumulated Depreciation	433
Walgreens | Sun City, AZ
Real Estate and Accumulated Depreciation [Line Items]
Land	837
Buildings and Improvements	2,484
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	3,321
Accumulated Depreciation	175
Walgreens | Tarboro, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	755
Buildings and Improvements	3,634
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,389
Accumulated Depreciation	221
Walgreens | Toledo, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,325
Land	1,993
Buildings and Improvements	3,445
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,438
Accumulated Depreciation	197
Walgreens | Troy, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	547
Buildings and Improvements	4,076
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,623
Accumulated Depreciation	252
Walgreens | Tulsa, OK
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,350
Land	1,078
Buildings and Improvements	3,453
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,531
Accumulated Depreciation	196
Walgreens/KeyBank | Newburgh, NY
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,000
Land	3,280
Buildings and Improvements	5,441
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	8,721
Accumulated Depreciation	448
Wallace Commons | Salisbury, NC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,590
Land	3,265
Buildings and Improvements	8,058
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	11,323
Accumulated Depreciation	863
Wallace Commons II | Salisbury, NC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	6,012
Land	2,231
Buildings and Improvements	8,479
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	10,710
Accumulated Depreciation	685
Warrenton Highlands | Warrenton, OR
Real Estate and Accumulated Depreciation [Line Items]
Land	2,139
Buildings and Improvements	5,774
Total Adjustment to Basis	138
Gross Amount at Which Carried At December 31, 2016	8,051
Accumulated Depreciation	690
Waterford South Park: | Clarksville, IN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,200
Land	2,946
Buildings and Improvements	8,564
Total Adjustment to Basis	45
Gross Amount at Which Carried At December 31, 2016	11,555
Accumulated Depreciation	1,033
Wawa: | Cape May, NJ
Real Estate and Accumulated Depreciation [Line Items]
Land	1,576
Buildings and Improvements	5,790
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	7,366
Accumulated Depreciation	655
Wawa: | Galloway, NJ
Real Estate and Accumulated Depreciation [Line Items]
Land	1,724
Buildings and Improvements	6,105
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	7,829
Accumulated Depreciation	$ 690

Schedule III - Real Estate As93

Schedule III - Real Estate Assets and Accumulated Depreciation - 8 (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 1,218,122
Land	1,157,916
Buildings and Improvements	3,133,832
Total Adjustment to Basis	78,881
Gross Amount at Which Carried At December 31, 2016	4,370,629	$ 4,185,605	$ 3,590,939	$ 1,960,708
Accumulated Depreciation	245,425	$ 158,805	$ 78,186	$ 23,377
Wendy's: | Grafton, VA
Real Estate and Accumulated Depreciation [Line Items]
Land	539
Buildings and Improvements	894
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,433
Accumulated Depreciation	59
Wendy's: | Westminster, CO
Real Estate and Accumulated Depreciation [Line Items]
Land	596
Buildings and Improvements	1,108
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,704
Accumulated Depreciation	73
West Marine | Panama City, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	676
Buildings and Improvements	2,219
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	2,895
Accumulated Depreciation	119
West Marine | Pensacola, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	1,107
Buildings and Improvements	3,398
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,505
Accumulated Depreciation	190
Western Refining Inc | Benson, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	566
Land	186
Buildings and Improvements	510
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	696
Accumulated Depreciation	25
Western Refining Inc | Bisbee, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	399
Land	89
Buildings and Improvements	137
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	226
Accumulated Depreciation	14
Western Refining Inc | Coolidge, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	472
Land	578
Buildings and Improvements	283
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	861
Accumulated Depreciation	25
Western Refining Inc | Douglas, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	913
Land	136
Buildings and Improvements	1,080
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,216
Accumulated Depreciation	53
Western Refining Inc | Douglas, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	718
Land	89
Buildings and Improvements	385
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	474
Accumulated Depreciation	27
Western Refining Inc | Florence, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	446
Land	363
Buildings and Improvements	338
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	701
Accumulated Depreciation	21
Western Refining Inc | Globe, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,264
Land	572
Buildings and Improvements	311
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	883
Accumulated Depreciation	29
Western Refining Inc | Hereford, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,531
Land	303
Buildings and Improvements	879
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,182
Accumulated Depreciation	46
Western Refining Inc | Marana, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,458
Land	389
Buildings and Improvements	493
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	882
Accumulated Depreciation	28
Western Refining Inc | Pearce, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	750
Land	116
Buildings and Improvements	380
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	496
Accumulated Depreciation	24
Western Refining Inc | Pima, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,196
Land	372
Buildings and Improvements	362
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	734
Accumulated Depreciation	26
Western Refining Inc | Safford, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,054
Land	77
Buildings and Improvements	281
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	358
Accumulated Depreciation	14
Western Refining Inc | Safford, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,169
Land	204
Buildings and Improvements	299
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	503
Accumulated Depreciation	19
Western Refining Inc | Safford, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,280
Land	107
Buildings and Improvements	408
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	515
Accumulated Depreciation	20
Western Refining Inc | Sierra Vista, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	488
Land	87
Buildings and Improvements	723
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	810
Accumulated Depreciation	40
Western Refining Inc | Thatcher, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,180
Land	140
Buildings and Improvements	561
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	701
Accumulated Depreciation	32
Western Refining Inc | Tucson, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	524
Land	569
Buildings and Improvements	453
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,022
Accumulated Depreciation	27
Western Refining Inc | Tucson, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	603
Land	473
Buildings and Improvements	388
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	861
Accumulated Depreciation	30
Western Refining Inc | Tucson, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	582
Land	263
Buildings and Improvements	170
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	433
Accumulated Depreciation	13
Western Refining Inc | Tucson, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	666
Land	770
Buildings and Improvements	332
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,102
Accumulated Depreciation	21
Western Refining Inc | Tucson, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	571
Land	333
Buildings and Improvements	167
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	500
Accumulated Depreciation	8
Western Refining Inc | Tucson, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,190
Land	397
Buildings and Improvements	542
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	939
Accumulated Depreciation	30
Western Refining Inc | Tucson, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	523
Land	525
Buildings and Improvements	606
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	1,131
Accumulated Depreciation	34
Western Refining Inc | Winkelman, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	953
Land	287
Buildings and Improvements	403
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	690
Accumulated Depreciation	25
Westover Market: | San Antonio, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	6,200
Land	2,705
Buildings and Improvements	7,959
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	10,664
Accumulated Depreciation	832
Whole Foods: | Fort Collins, CO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	12,500
Land	2,664
Buildings and Improvements	17,166
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	19,830
Accumulated Depreciation	1,119
Winn-Dixie: | Baton Rouge, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,782
Buildings and Improvements	3,776
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	5,558
Accumulated Depreciation	247
Winn-Dixie: | Walker, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	900
Buildings and Improvements	3,909
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	4,809
Accumulated Depreciation	256
Woods Supermarket: | Sunrise Beach, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	1,044
Buildings and Improvements	5,005
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2016	6,049
Accumulated Depreciation	$ 425

Schedule III - Real Estate As94

Schedule III - Real Estate Assets and Accumulated Depreciation (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)property	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
Balance, beginning of period	$ 4,185,605	$ 3,590,939	$ 1,960,708
Additions
Acquisitions	198,176	532,454	1,613,201
JV Purchased	16,361	0	0
Improvements	3,827	64,458	18,967
Adjustment to basis	962	0	0
Total additions	219,326	596,912	1,632,168
Deductions
Cost of real estate sold	27,144	1,086	1,937
Adjustment to basis	51	0	0
Other (including provisions for impairment of real estate assets)	7,107	1,160	0
Total deductions	34,302	2,246	1,937
Balance, end of period	4,370,629	4,185,605	3,590,939
Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Balance, beginning of period	158,805	78,186	23,377
Additions
Acquisitions - Depreciation Expense for Building, Acquisitions Costs & Tenant Improvements Acquired	88,202	80,373	54,656
Improvements - Depreciation Expense for Tenant Improvements and Building Equipment	586	303	153
Total additions	88,788	80,676	54,809
Deductions
Cost of real estate sold	1,514	0	0
Other (including provisions for impairment of real estate assets)	654	57	0
Total deductions	2,168	57	0
Balance, end of period	245,425	$ 158,805	$ 78,186
Property, plant and equipment, land and real estate assets, net tax basis	$ 4,900,000
Building
Deductions
Acquired real estate asset, useful life	40 years
Retail Property
Deductions
Number of properties owned | property	805
Anchored Shopping Center
Deductions
Number of properties owned | property	72
Industrial Property
Deductions
Number of properties owned | property	5
JPMorgan Chase Bank, N.A. | Line of Credit
Deductions
Long-term line of credit	$ 1,000,000