Cim Real Estate Finance Trust (CMRF) 10-K 31 Mar 15 2014 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
In Billions, except Share data in Millions, unless otherwise specified	Dec. 31, 2014	Mar. 25, 2015	Jun. 30, 2014
Document and Entity Information [Abstract]
Entity Registrant Name	COLE CREDIT PROPERTY TRUST IV, INC.
Entity Central Index Key	1498547
Document Type	10-K
Document Period End Date	31-Dec-14
Amendment Flag	FALSE
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	-19
Entity Filer Category	Non-accelerated Filer
Entity common stock, shares outstanding		307
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 $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Investment in real estate assets:
Land	$972,983	$537,714
Buildings and improvements, less accumulated depreciation of $78,186 and $23,377, respectively	2,539,770	1,399,617
Intangible lease assets, less accumulated amortization of $48,085 and $14,498, respectively	391,917	246,601
Total investment in real estate assets, net	3,904,670	2,183,932
Investment in unconsolidated joint venture	19,170	19,124
Total investment in real estate and related assets, net	3,923,840	2,203,056
Cash and cash equivalents	55,287	300,574
Restricted cash	4,560	8,193
Rents and tenant receivables, less allowance for doubtful accounts of $67 and $50, respectively	34,929	14,440
Due from affiliates	470	0
Property escrow deposits, prepaid expenses and other assets	7,137	10,942
Deferred financing costs, less accumulated amortization of $6,781 and $3,580, respectively	12,924	14,444
Total assets	4,039,147	2,551,649
LIABILITIES AND STOCKHOLDERS’ EQUITY
Notes payable and credit facility	1,466,507	696,946
Accounts payable and accrued expenses	25,355	12,675
Escrowed investor proceeds	0	5,147
Due to affiliates	5,473	7,512
Acquired below market lease intangibles, less accumulated amortization of $8,807 and $2,237, respectively	55,535	37,485
Distributions payable	16,189	10,569
Deferred rental income and other liabilities	21,710	12,859
Total liabilities	1,590,769	783,193
Commitments and contingencies
Redeemable common stock and noncontrolling interest	121,972	26,484
STOCKHOLDERS’ EQUITY
Preferred stock, $0.01 par value, 10,000,000 shares authorized, none issued and outstanding	0	0
Common stock, $0.01 par value; 490,000,000 shares authorized, 304,950,000 and 211,026,672 shares issued and outstanding, respectively	3,050	2,110
Capital in excess of par value	2,607,448	1,850,702
Accumulated distributions in excess of earnings	-280,035	-108,588
Accumulated other comprehensive loss	-4,057	-2,252
Total stockholders’ equity	2,326,406	1,741,972
Total liabilities and stockholders’ equity	$4,039,147	$2,551,649

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Statement of Financial Position [Abstract]
Accumulated depreciation of building and improvements	$78,186	$23,377
Accumulated amortization of intangible lease assets	48,085	14,498
Allowance for doubtful accounts	67	50
Accumulated amortization of deferred financing costs	6,781	3,580
Accumulated amortization of acquired below market lease intangible	$8,807	$2,237
Preferred stock, par value	$0.01	$0.01
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	490,000,000	490,000,000
Common stock, shares issued	304,950,000	211,026,672
Common stock, shares outstanding	304,950,000	211,026,672

Consolidated_Statement_of_Oper

Consolidated Statement of Operations (USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Revenues:
Rental and other property income	$221,909	$90,680	$7,303
Tenant reimbursement income	34,373	11,877	534
Total revenue	256,282	102,557	7,837
Expenses:
General and administrative expenses	11,510	7,566	1,503
Property operating expenses	39,035	13,507	553
Advisory fees and expenses	24,142	10,549	812
Acquisition-related expenses	51,763	48,286	14,371
Depreciation	54,809	21,633	1,743
Amortization	29,593	11,712	871
Total operating expenses	210,852	113,253	19,853
Operating income (loss)	45,430	-10,696	-12,016
Other expense:
Interest expense and other	-34,260	-22,184	-1,728
Net income (loss)	11,170	-32,880	-13,744
Net loss allocated to noncontrolling interest	-20	0	0
Net income (loss) attributable to the Company	$11,190	($32,880)	($13,744)
Weighted average number of common shares outstanding:
Basic and diluted (shares)	292,072,088	90,330,927	8,578,494
Net income (loss) per common share:
Basic and diluted (in dollars per share)	$0.04	($0.36)	($1.60)

Consolidated_Statement_of_Comp

Consolidated Statement of Comprehensive Income (USD $)	3 Months Ended								12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Statement of Comprehensive Income [Abstract]
Net income (loss)	$9,181	($4,147)	$3,190	$2,946	($10,828)	($6,588)	($11,669)	($3,795)	$11,170	($32,880)	($13,744)
Net loss allocated to noncontrolling interest									-20	0	0
Net income (loss) attributable to the Company	9,196	-4,156	3,204	2,946	-10,828	-6,588	-11,669	-3,795	11,190	-32,880	-13,744
Other comprehensive loss:
Unrealized loss on interest rate swaps									-1,805	-2,252	0
Total comprehensive income (loss)									$9,385	($35,132)	($13,744)

Consolidated_Statements_of_Sto

Consolidated Statements of Stockholder's Equity (USD $)	Total	Common Stock	Capital in Excess of Par Value	Accumulated Distributions in Excess of Earnings	Accumulated Other Comprehensive Loss
In Thousands, except Share data, unless otherwise specified
Balance at Dec. 31, 2011	$200	$0	$200	$0	$0
Balance, shares at Dec. 31, 2011		20,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock, shares		29,923,549
Issuance of common stock	298,438	299	298,139
Distributions to investors	-5,381			-5,381
Commissions on stock sales and related dealer manager fees	-26,051		-26,051
Other offering costs	-5,983		-5,983
Changes in redeemable common stock	-1,964		-1,964
Comprehensive loss	-13,744			-13,744
Balance at Dec. 31, 2012	245,515	299	264,341	-19,125	0
Balance, shares at Dec. 31, 2012		29,943,549
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock, shares		181,205,760
Issuance of common stock	1,807,820	1,811	1,806,009
Distributions to investors	-56,583			-56,583
Commissions on stock sales and related dealer manager fees	-157,767		-157,767
Other offering costs	-36,179		-36,179
Redemptions of common stock, shares		-122,637
Redemptions of common stock	-1,182		-1,182
Changes in redeemable common stock	-24,520		-24,520
Comprehensive loss	-35,132			-32,880	-2,252
Balance at Dec. 31, 2013	1,741,972	2,110	1,850,702	-108,588	-2,252
Balance, shares at Dec. 31, 2013	211,026,672	211,026,672
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 of common stock, shares		-1,113,152
Redemptions of common stock	-10,849	-11	-10,838
Changes in redeemable common stock	-93,412		-93,412
Comprehensive loss	9,385			11,190	-1,805
Balance at Dec. 31, 2014	$2,326,406	$3,050	$2,607,448	($280,035)	($4,057)
Balance, shares at Dec. 31, 2014	304,950,000	304,950,000

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Cash flows from operating activities:
Net income (loss)	$11,170	($32,880)	($13,744)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation	54,809	21,633	1,743
Amortization of intangible lease assets and below market lease intangible, net	27,334	11,523	797
Amortization of deferred financing costs	3,201	3,056	524
Amortization of fair value adjustment of mortgage notes payable assumed	-94	0	0
Bad debt expense	113	59	0
Equity in income of unconsolidated joint venture	-765	-324	0
Return on investment from unconsolidated joint venture	719	130	0
Loss on sale of real estate	157	0	0
Changes in assets and liabilities:
Rents and tenant receivables	-20,602	-13,034	-1,465
Prepaid expenses and other assets	-480	-730	-1,142
Accounts payable and accrued expenses	6,741	8,688	2,227
Deferred rental income and other liabilities	4,355	7,369	1,848
Due from affiliates	-470	0	0
Due to affiliates	2,898	2,080	495
Net cash provided by (used in) operating activities	89,086	7,570	-8,717
Cash flows from investing activities:
Investment in real estate assets and capital expenditures	-1,749,486	-1,667,832	-510,700
Investment in unconsolidated joint venture	0	-18,930	0
Proceeds from sale of real estate	1,758	0	0
Escrowed funds for acquisition of real estate investment	-70,254	0	0
Release of escrowed funds for acquisition of real estate investment	70,254	0	0
Payment of property escrow deposits	-6,148	-28,978	0
Refund of property escrow deposits	9,888	20,453	0
Change in restricted cash	3,633	-7,670	-523
Net cash used in investing activities	-1,740,355	-1,702,957	-511,223
Cash flows from financing activities:
Proceeds from issuance of common stock	837,669	1,782,118	296,474
Redemptions of common stock	-10,849	-1,182	0
Offering costs on issuance of common stock	-84,920	-190,670	-30,373
Distributions to investors	-72,756	-21,768	-1,961
Proceeds from borrowing facilities and notes payable	744,064	970,842	316,054
Repayments of borrowing facilities	-388	-548,490	-41,460
Proceeds from affiliate line of credit	0	0	11,700
Repayments of affiliate line of credit	0	0	-11,700
Payment of loan deposits	-523	-1,406	-50
Refund of loan deposits	1,068	861	50
Change in escrowed investor proceeds	-5,147	4,624	523
Deferred financing costs paid	-1,681	-12,408	-5,616
Contributions from noncontrolling interests	2,096	0	0
Other financing activities	-2,651	-455	-6
Net cash provided by financing activities	1,405,982	1,982,066	533,635
Net (decrease) increase in cash and cash equivalents	-245,287	286,679	13,695
Cash and cash equivalents, beginning of period	300,574	13,895	200
Cash and cash equivalents, end of period	$55,287	$300,574	$13,895

Organization_and_Business

Organization and Business	12 Months Ended
	Dec. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND BUSINESS	ORGANIZATION AND BUSINESS
	Cole Credit Property Trust IV, Inc. (the “Company”) is a Maryland corporation that was formed on July 27, 2010, which has elected to be taxed, and currently qualifies, as a real estate investment trust (“REIT”) for federal income tax purposes. The Company is the sole general partner of and owns, directly or indirectly, 100% of the partnership 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”), 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 American Realty Capital Properties, Inc. (“ARCP”), a self-managed publicly traded REIT, organized as a Maryland corporation and listed on The NASDAQ Global Select Market. On February 7, 2014, ARCP acquired Cole Real Estate Investments, Inc. (“Cole”), which, prior to its acquisition, indirectly owned and/or controlled 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. As a result of ARCP’s acquisition of Cole, ARCP indirectly owns and/or controls CR IV Advisors, CCC, CREI Advisors and 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 its distribution reinvestment plan (the “DRIP”) 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 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 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.
	As of February 25, 2014, the Company no longer accepted subscription agreements in connection with the Offering because it had received subscription agreements that allowed it to reach the maximum primary offering. 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 sold pursuant to the DRIP. The remaining approximately 404,000 unsold shares from the Offering were deregistered.
	In addition, the Company registered 26.0 million shares of common stock under the DRIP pursuant to a Registration Statement filed on Form S-3 (Registration No. 333-192958) (the “DRIP Offering” and collectively with the Offering, the “Offerings”), 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 has issued, and expects that it will continue to issue, shares of common stock in the DRIP Offering.
	Effective as of December 12, 2014, Nicholas S. Schorsch resigned as a director, the chairman of the Board of Directors of the Company (the "Board"), the chief executive officer and the president of the Company. In addition, effective as of December 12, 2014, Mr. Schorsch resigned as the chief executive officer of CR IV Advisors, and as the executive chairman of ARCP. Effective December 17, 2014, Thomas W. Roberts was appointed as a director, the chief executive officer and the president of the Company by the Board. Effective September 5, 2014, Simon J. Misselbrook was appointed chief financial officer and treasurer of the Company by the Board, replacing D. Kirk McAllaster, Jr. On March 24, 2015, Christine T. Brown was appointed principal accounting officer of the Company by the Board.
	An affiliate of ARCP entered into a definitive agreement (the “RCAP Agreement”), dated as of September 30, 2014, with RCS Capital Corporation (“RCAP”) pursuant to which RCAP would have acquired Cole Capital. The acquisition would have included CR IV Advisors and CCC. Additionally, the parties entered into a strategic arrangement by which an indirect wholly-owned subsidiary of ARCP would have acted as sub-advisor to the non-traded REITs sponsored by Cole Capital (the “Managed Funds”), including the Company, and would have acquired and property managed real estate assets for the Managed Funds.
	On November 3, 2014, RCAP publicly announced that it had notified ARCP of its purported termination of the RCAP Agreement, and that no subsidiary would act as the Company’s sub-advisor. On November 11, 2014, ARCP filed a complaint in the Court of Chancery of the State of Delaware against RCAP alleging that RCAP’s attempt to terminate the RCAP Agreement constituted a breach of the RCAP Agreement and seeking, among other things, specific performance of the RCAP Agreement or, in the alternative, money damages. On December 4, 2014, ARCP announced that it had entered into a settlement agreement with RCAP that resolved the dispute over RCAP’s attempt to terminate the RCAP Agreement. ARCP received $60.0 million in the settlement.
	As of December 31, 2014, the Company had issued approximately 306.1 million shares of its common stock in the Offerings, including 8.8 million shares issued in the DRIP Offering, for gross offering proceeds of $3.0 billion before organization and offering costs, selling commissions and dealer manager fees of $306.0 million. As of December 31, 2014, the Company owned 759 properties, which include properties owned through a consolidated joint venture arrangement (the “Consolidated Joint Venture”), comprising 20.2 million rentable square feet of commercial space located in 45 states. As of December 31, 2014, the rentable space at these properties was 99% leased. In addition, through an unconsolidated joint venture arrangement, as of December 31, 2014, the Company had an interest in one property comprising 176,000 rentable square feet of commercial space (the “Unconsolidated Joint Venture”).

Fair_Value_Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2014
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS
	GAAP defines fair value, establishes a framework for measuring fair value, and requires disclosures about fair value measurements. GAAP emphasizes that fair value is intended to be a market-based measurement, as opposed to a transaction-specific measurement.
	Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Depending on the nature of the asset or liability, various techniques and assumptions can be used to estimate the fair value. Assets and liabilities are measured using inputs from three levels of the fair value hierarchy, as follows:
	Level 1 – Inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. An active market is defined as a market in which transactions for the assets or liabilities occur with sufficient frequency and volume to provide pricing information on an ongoing basis.
	Level 2 – Inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active (markets with few transactions), inputs other than quoted prices that are observable for the asset or liability (i.e. interest rates, yield curves, etc.), and inputs that are derived principally from or corroborated by observable market data correlation or other means (market corroborated inputs).
	Level 3 – Unobservable inputs, which are only used to the extent that observable inputs are not available, reflect the Company’s assumptions about the pricing of an asset or liability.
	The following describes the methods the Company uses to estimate the fair value of the Company’s financial assets and liabilities:
	Cash and cash equivalents and restricted cash – The Company considers the carrying values of these financial assets to approximate fair value because of the short period of time between their origination and their expected realization. These financial assets are considered Level 1.
	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. These financial instruments are considered Level 2. As of December 31, 2014, the estimated fair value of the Company’s debt was $1.5 billion which approximated the carrying value of $1.5 billion. As of December 31, 2013, the estimated fair value of the Company’s debt was $682.1 million compared to the carrying value of $696.9 million.
	Derivative instruments – The Company’s derivative instruments represent interest rate swaps. All derivative instruments are carried at fair value and are valued using Level 2 inputs. The fair value of these instruments is determined using interest rate market pricing models. The Company includes the impact of credit valuation adjustments on derivative instruments measured at fair value.
	Contingent consideration arrangements – The contingent consideration arrangements are carried at fair value and are valued using Level 3 inputs. The fair value of the Contingent Payments is determined based on the estimated timing and probability of successfully leasing vacant space subsequent to the Company’s acquisition of certain properties. The total estimated fair value of contingent consideration arrangements was $3.4 million and $784,000 as of December 31, 2014 and 2013, respectively, and is included in the accompanying consolidated balance sheets in deferred rental income and other liabilities. During the year ended December 31, 2014, the Company recorded additional obligations with an aggregate estimated fair value of $5.3 million upon purchase of certain properties. In addition, during the year ended December 31, 2014, the fair value of the outstanding contingent consideration arrangements had a net decrease of $70,000, which resulted in a reduction to acquisition-related expenses in the accompanying consolidated statements of operations. The Company also paid an aggregate of $2.6 million to multiple sellers as certain contingent consideration arrangements of the Contingent Payments were satisfied.
	Considerable judgment is necessary to develop estimated fair values of financial assets and liabilities. Accordingly, the estimates presented herein are not necessarily indicative of the amounts the Company could realize, or be liable for, on disposition of the financial assets and liabilities. As of December 31, 2014 and 2013, there have been no transfers of financial assets or liabilities between fair value hierarchy levels.
	In accordance with the fair value hierarchy described above, the following tables show the fair value of the Company’s financial liabilities that are required to be measured at fair value on a recurring basis as of December 31, 2014 and 2013 (in thousands):
		Balance as of			Quoted Prices in		Significant Other			Significant
		31-Dec-14			Active Markets for		Observable Inputs			Unobservable
					Identical Assets		(Level 2)			Inputs
					(Level 1)					(Level 3)
	Liabilities:
	Interest rate swaps	$	(4,057	)	$	—	$	(4,057	)	$	—
	Contingent consideration	(3,405		)	—		—			(3,405		)
	Total liabilities	$	(7,462	)	$	—	$	(4,057	)	$	(3,405	)
		Balance as of			Quoted Prices in		Significant Other			Significant
		December 31, 2013			Active  Markets for		Observable  Inputs			Unobservable
					Identical Assets		(Level 2)			Inputs
					(Level 1)					(Level 3)
	Liabilities:
	Interest rate swaps	$	(2,252	)	$	—	$	(2,252	)	$	—
	Contingent consideration	(784		)	—		—			(784		)
	Total liabilities	$	(3,036	)	$	—	$	(2,252	)	$	(784	)

Summary_of_Significant_Account

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2014
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. Certain prior year balances have been combined in the consolidated statements of operations and statements of cash flows.
	The Company evaluates its relationships and investments to determine if it has variable interests. A variable interest is an investment or other interest that will absorb portions of an entity’s expected losses or receive portions of the entity’s expected residual returns.  If the Company determines that it has a variable interest in an entity, it evaluates whether such interest is in a variable interest entity (“VIE”). A VIE is broadly defined as an entity where either (1) the equity investors as a group, if any, lack the power through voting or similar rights to direct the activities of an entity that most significantly impact the entity’s economic performance or (2) the equity investment at risk is insufficient to finance that entity’s activities without additional subordinated financial support. The Company consolidates any VIEs when it is determined to be the primary beneficiary of the VIE’s operations.
	A variable interest holder is considered to be the primary beneficiary of a VIE if it has the power to direct the activities of a VIE that most significantly impact the entity’s economic performance and has the obligation to absorb losses of, or the right to receive benefits from, the entity that could potentially be significant to the VIE. The Company qualitatively assesses whether it is (or is not) the primary beneficiary of a VIE. Consideration of various factors include, but are not limited to, the Company’s ability to direct the activities that most significantly impact the entity’s economic performance, its form of ownership interest, its representation on the entity’s governing body, the size and seniority of its investment, its ability and the rights of other investors to participate in policy making decisions and to replace the manager of and/or liquidate the entity.
	The Company continually evaluates the need to consolidate its joint venture arrangements based on standards set forth in GAAP. In determining whether the Company has a controlling interest in a joint venture arrangement and the requirement to consolidate the accounts of that entity, management considers factors such as ownership interest, power to make decisions and contractual and substantive participating rights of the partners/members as well as whether the entity is a VIE for which the Company may be the primary beneficiary. As of December 31, 2014, the Company determined that it had a controlling interest in the Consolidated Joint Venture and therefore met the GAAP requirements for consolidation. As of December 31, 2014, the Consolidated Joint Venture held real estate assets with an aggregate book value of $18.9 million. As of December 31, 2014 and December 31, 2013, the Company was not required to consolidate 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.
	Use of Estimates
	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
	Investment in and Valuation of Real Estate Assets
	Real estate assets are stated at cost, less accumulated depreciation and amortization. Amounts capitalized to real estate assets consist of the cost of acquisition, excluding acquisition-related expenses, construction and any tenant improvements, major improvements and betterments that extend the useful life of the real estate assets and leasing costs. All repairs and maintenance are expensed as incurred.
	The Company is required to make subjective assessments as to the useful lives of its depreciable assets. The Company considers the period of future benefit of each respective asset to determine the appropriate useful life of the assets. Real estate assets, other than land, are depreciated or amortized on a straight-line basis. The estimated useful lives of the Company’s real estate assets by class are generally as follows:
	Buildings	40 years
	Tenant improvements	Lesser of useful life or lease term
	Intangible lease assets	Lease term
	The Company continually monitors events and changes in circumstances that could indicate that the carrying amounts of its real estate assets may not be recoverable. Impairment indicators that the Company considers include, but are not limited to, bankruptcy or other credit concerns of a property’s major tenant, such as a history of late payments, rental concessions and other factors, a significant decrease in a property’s revenues due to lease terminations, vacancies, co-tenancy clauses, reduced lease rates or other circumstances. When indicators of potential impairment are present, the Company assesses the recoverability of the assets by determining whether the carrying amount of the assets will be recovered through the undiscounted future cash flows expected from the use of the assets and their eventual disposition. In the event that such expected undiscounted future cash flows do not exceed the carrying amount, the Company will adjust the real estate assets to their respective fair values and recognize an impairment loss. Generally, fair value is determined using a discounted cash flow analysis and recent comparable sales transactions. No impairment indicators were identified and no impairment losses were recorded during the years ended December 31, 2014, 2013, or 2012.
	When developing estimates of expected future cash flows, the Company makes certain assumptions regarding future market rental income amounts subsequent to the expiration of current lease agreements, property operating expenses, terminal capitalization and discount rates, the expected number of months it takes to re-lease the property, required tenant improvements and the number of years the property will be held for investment. The use of alternative assumptions in estimating expected future cash flows could result in a different determination of the property’s expected future cash flows and a different conclusion regarding the existence of an impairment, the extent of such loss, if any, as well as the fair value of the real estate assets.
	When a real estate asset is identified by the Company as held for sale, the Company will cease depreciation and amortization of the assets related to the property and estimate the fair value, net of selling costs. If, in management’s opinion, the fair value, net of selling costs, of the asset is less than the carrying amount of the asset, an adjustment to the carrying amount would be recorded to reflect the estimated fair value of the property, net of selling costs. There were no assets identified as held for sale as of December 31, 2014, 2013, or 2012.
	Allocation of Purchase Price of Real Estate Assets
	Upon the acquisition of real properties, the Company allocates the purchase price to acquired tangible assets, consisting of land, buildings and improvements, and identified intangible assets and liabilities, consisting of the value of above market and below market leases and the value of in-place leases, based in each case on their respective fair values. Acquisition-related expenses are expensed as incurred. The Company utilizes independent appraisals to assist in the determination of the fair values of the tangible assets of an acquired property (which includes land and buildings). The Company obtains an independent appraisal for each real property acquisition. The information in the appraisal, along with any additional information available to the Company’s management, is used in estimating the amount of the purchase price that is allocated to land. Other information in the appraisal, such as building value and market rents, may be used by the Company’s management in estimating the allocation of purchase price to the building and to intangible lease assets and liabilities. The appraisal firm has no involvement in management’s allocation decisions other than providing this market information.
	The fair values of above market and below market lease intangibles are recorded based on the present value (using a discount rate which reflects the risks associated with the leases acquired) of the difference between (1) the contractual amounts to be paid pursuant to the in-place leases and (2) an estimate of fair market lease rates for the corresponding in-place leases, which is generally obtained from independent appraisals, measured over a period equal to the remaining non-cancelable term of the lease including any bargain renewal periods, with respect to a below market lease. The above market and below market lease intangibles are capitalized as intangible lease assets or liabilities, respectively. Above market leases are amortized as a reduction to rental income over the remaining terms of the respective leases. Below market leases are amortized as an increase to rental income over the remaining terms of the respective leases, including any bargain renewal periods. In considering whether or not the Company expects a tenant to execute a bargain renewal option, the Company evaluates economic factors and certain qualitative factors at the time of acquisition, such as the financial strength of the tenant, remaining lease term, the tenant mix of the leased property, the Company’s relationship with the tenant and the availability of competing tenant space. If a lease were to be terminated prior to its stated expiration, all unamortized amounts of above market or below market lease intangibles relating to that lease would be recorded as an adjustment to rental income.
	The fair values of in-place leases include estimates of direct costs associated with obtaining a new tenant and opportunity costs associated with lost rental and other property income, which are avoided by acquiring a property with an in-place lease. Direct costs associated with obtaining a new tenant include commissions and other direct costs and are estimated in part by utilizing information obtained from independent appraisals and management’s consideration of current market costs to execute a similar lease. The intangible values of opportunity costs, which are calculated using the contractual amounts to be paid pursuant to the in-place leases over a market absorption period for a similar lease, are capitalized as intangible lease assets and are amortized to expense over the remaining term of the respective leases. If a lease were to be terminated prior to its stated expiration, all unamortized amounts of in-place lease assets relating to that lease would be expensed.
	The Company has acquired, and may continue to acquire, certain properties subject to contingent consideration arrangements that may obligate the Company to pay additional consideration to the seller based on the outcome of future events (the “Contingent Payments”). Additionally, the Company may acquire certain properties for which it funds certain contingent consideration amounts into an escrow account pending the outcome of certain future events. The outcome may result in the release of all or a portion of the escrowed funds to the Company or the seller or a combination thereof. Contingent consideration arrangements are based on a predetermined formula and have set time periods regarding the obligation to make future payments, including funds released to the seller from escrow accounts, or the right to receive escrowed funds as set forth in the respective purchase and sale agreement. Contingent consideration arrangements, including amounts funded through an escrow account, are recorded upon acquisition of the respective property at their estimated fair values, and any changes to the estimated fair values, subsequent to acquisition, are reflected in the accompanying consolidated statements of operations. The determination of the amount of contingent consideration arrangements is based on the probability of several possible outcomes as identified by management.
	The 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 to interest expense over the term of the respective mortgage note payable.
	The determination of the fair values of the real estate assets and liabilities acquired requires the use of significant assumptions with regard to the current market rental rates, rental growth rates, capitalization and discount rates, interest rates and other variables. The use of alternative estimates may result in a different allocation of the Company’s purchase price, which could impact the Company’s results of operations.
	Noncontrolling Interest-Redeemable 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 after two years whereby the Company will be required to purchase the ownership interest of the joint venture partner at fair market value. The Company determined it had a controlling interest in the Consolidated Joint Venture and therefore met the GAAP requirements for consolidation. The Company recorded the noncontrolling interest of $2.1 million as temporary equity, in the mezzanine section of the balance sheet, due to the redemption option existing outside the control of the Company.
	Investment in Unconsolidated Joint Venture
	The Company accounts for its unconsolidated joint venture arrangement using the equity method of accounting as the Company has the ability to exercise significant influence, but not control, over operating and financial policies of this investment. The equity method of accounting requires the investment to be initially recorded at cost and subsequently adjusted for the Company’s share of equity in the Unconsolidated Joint Venture’s earnings and distributions. The Company is required to determine whether an event or change in circumstances has occurred that may have a significant adverse effect on the fair value of its investment in the Unconsolidated Joint Venture. If an event or change in circumstance has occurred, the Company is required to evaluate the Unconsolidated Joint Venture for potential impairment and determine if the carrying amount of its investment exceeds its fair value. An impairment charge is recorded when an impairment is deemed to be other-than-temporary. To determine whether an impairment is other-than-temporary, the Company considers whether it has the ability and intent to hold the investment until the carrying amount is fully recovered. The evaluation of an investment in an Unconsolidated Joint Venture for potential impairment requires the Company’s management to exercise significant judgment and to make certain assumptions. The use of different judgments and assumptions could result in different conclusions. No impairment indicators were identified and no impairment losses were recorded related to the Unconsolidated Joint Venture during the years ended December 31, 2014 and December 31, 2013.
	Cash and Cash Equivalents
	The Company considers all highly liquid instruments with maturities when purchased of three months or less to be cash equivalents. The Company considers investments in highly liquid money market accounts to be cash equivalents.
	Restricted Cash and Escrows
	Included in restricted cash was $2.7 million and $2.6 million held by lenders in lockbox accounts, as of December 31, 2014 and 2013. As part of certain debt agreements, rents from certain encumbered properties are deposited directly into a lockbox account, from which the monthly debt service payment is disbursed to the lender and the excess is disbursed to the Company. Also included in restricted cash was $1.9 million and $513,000 held by lenders in escrow accounts for real estate taxes and other lender reserves for certain properties, in accordance with the respective lender’s loan agreement as of December 31, 2014 and 2013, respectively. The Company also had $5.1 million of escrowed investor proceeds for which shares of common stock had not been issued as of December 31, 2013.
	Rents and Tenant Receivables
	Rents and tenant receivables primarily include amounts to be collected in future periods related to the recognition of rental income on a straight-line basis over the lease term and cost recoveries due from tenants. The Company makes estimates of the uncollectability of its accounts receivable related to base rents, expense reimbursements and other revenues. The Company analyzes accounts receivable and historical bad debt levels, customer creditworthiness and current economic trends when evaluating the adequacy of the allowance for doubtful accounts. In addition, tenants in bankruptcy, if any, are analyzed and estimates are made in connection with the expected recovery of pre-petition and post-petition claims. The Company’s reported net income or loss is directly affected by management’s estimate of the collectability of accounts receivable. The Company records allowances for those balances that the Company deems to be uncollectible, including any amounts relating to straight-line rent receivables.
	Prepaid Expenses
	Prepaid expenses include expenses paid as of the balance sheet date that relate to future periods and will be expensed or reclassified to another account during the period to which the costs relate. Any amounts with no future economic benefit are charged to earnings when identified.
	Due from Affiliates
	As of December 31, 2014, $470,000 was due from CR IV Advisors and its affiliates primarily related to amounts paid by the Company on dead deals which are reimbursable by the advisor. As of December 31, 2013, there was no amount due from CR IV Advisors and its affiliates.
	Deferred Financing Costs
	Deferred financing costs are capitalized and amortized on a straight-line basis over the term of the related financing arrangement, which approximates the effective interest method. If a note payable is prepaid, any unamortized deferred financing costs related to the note payable would be expensed. Amortization of deferred financing costs was $3.2 million and $3.1 million for the years ended December 31, 2014 and 2013, respectively, and was included in interest expense in the consolidated statements of operations.
	Concentration of Credit Risk
	As of December 31, 2014, the Company had cash on deposit, including restricted cash, at ten financial institutions, in three of which the Company had deposits in excess of federally insured levels totaling $58.7 million; however, the Company has not experienced any losses in such accounts. The Company limits significant cash deposits to accounts held by financial institutions with high credit standing; therefore, the Company believes it is not exposed to any significant credit risk on its cash deposits.
	As of December 31, 2014, no single tenant accounted for greater than 10% of the Company’s 2014 gross annualized rental revenues. The Company had certain geographic concentrations in its property holdings. In particular, as of December 31, 2014, 75 of the Company’s properties were located in California and 92 were located in Texas, which accounted for 12% and 10%, respectively, of the Company’s 2014 gross annualized rental revenues. In addition, the Company had tenants in the discount store and pharmacy industries, which comprised 15% and 13%, respectively, of the Company’s 2014 gross annualized rental revenues.
	Offering and Related Costs
	CR IV Advisors funded all of the organization and offering costs on the Company’s behalf (excluding selling commissions and dealer manager fees) and was reimbursed for such costs up to 2.0% of aggregate gross proceeds from the Offering. As of December 31, 2014 and 2013, CR IV Advisors had paid organization and offering costs in excess of the 2.0% in connection with the Offering. These excess costs were not included in the financial statements of the Company because such costs were not a liability of the Company as they exceeded 2.0% of aggregate gross proceeds from the Offering. When recorded by the Company, organization costs are expensed as incurred and offering costs, which include items such as legal and accounting fees, marketing and personnel, promotional and printing costs are recorded as a reduction of capital in excess of par value, along with selling commissions and dealer manager fees in the period in which they become payable.
	Due to Affiliates
	Certain affiliates of CR IV Advisors received fees, reimbursements and compensation in connection with services provided relating to the Offering and the acquisition, management, financing and leasing of the properties of the Company.
	Derivative Instruments and Hedging Activities
	The Company accounts for its derivative instruments at fair value. Accounting for changes in the fair value of a derivative instrument depends on the intended use of the derivative instrument and the designation of the derivative instrument. The change in fair value of the effective portion of the derivative instrument that is designated as a hedge is recorded as other comprehensive income (loss). The changes in fair value for derivative instruments that are not designated as 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 requirement to redeem shares of its outstanding common stock is limited, among other things, to the net proceeds received by the Company from the sale of shares under the DRIP, net of shares redeemed to date. The Company records amounts that are redeemable under the share redemption program as redeemable common stock outside of permanent equity in its consolidated balance sheets. Changes in the amount of redeemable common stock from period to period are recorded as an adjustment to capital in excess of par value.
	Interest
	Interest is charged to interest expense as it accrues. No interest costs were capitalized during the years ended December 31, 2014, 2013 or 2012.
	Distributions Payable and Distribution Policy
	In order to maintain its status as a REIT, the Company is required to, among other things, make distributions each taxable year equal to at least 90% of its taxable income (computed without regard to the dividends paid deduction and excluding net capital gains). To the extent that funds are available, the Company intends to pay regular distributions to stockholders. Distributions are paid to stockholders of record as of applicable record dates.
	The Board authorized a daily distribution, based on 365 days in the calendar year, of $0.001712523 per share (which equates to 6.25% on an annualized basis calculated at the current rate, assuming a $10.00 per share purchase price) for stockholders of record as of the close of business on each day of the period commencing on January 1, 2014 and ending on December 31, 2014. In addition, our board of directors authorized a daily distribution, based on 365 days in the calendar year, of $0.001712523 per share (which equates to 6.25% on an annualized basis calculated at the current rate, assuming a $10.00 per share purchase price) for stockholders of record as of the close of business on each day of the period commencing on January 1, 2015 and ending on June 30, 2015. As of December 31, 2014, the Company had distributions payable of $16.2 million.
	Reportable Segments
	The Company’s commercial real estate investments primarily consist of income-producing necessity retail properties that are single-tenant or multi-tenant “power centers”, which are leased to national and regional creditworthy tenants under long-term net leases, and are strategically located throughout the United States and U.S. protectorates. The commercial properties are geographically diversified throughout the United States and have similar economic characteristics. The Company evaluates operating performance on an overall portfolio level; therefore, the Company’s properties are one reportable segment.
	Revenue Recognition
	Certain properties have leases where minimum rental payments increase during the term of the lease. The Company records rental income for the full term of each lease on a straight-line basis. When the Company acquires a property, the terms of existing leases are considered to commence as of the acquisition date for the purpose of this calculation. The Company defers the recognition of contingent rental income, such as percentage rents, until the specific target that triggers the contingent rental income is achieved. Expected reimbursements from tenants for recoverable real estate taxes and operating expenses are included in tenant reimbursement income in the period when such costs are incurred.
	Earnings (Loss) Per Share
	Earnings (loss) per share are calculated based on the weighted average number of common shares outstanding during each period presented. Diluted income (loss) per share considers the effect of any potentially dilutive share equivalents, of which the Company had none for each of the years ended December 31, 2014, 2013 or 2012.
	Income Taxes
The Company elected to be taxed, and currently qualifies, as a REIT for federal income tax purposes under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended, 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.
Recent Accounting Pronouncements
In April 2014, the U.S. Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity (“ASU 2014-08”), which amends the reporting requirements for discontinued operations by updating the definition of a discontinued operation to be a component of an entity that represents a strategic shift that has (or will have) a major effect on an entity’s operations and financial results, resulting in fewer disposals that qualify for discontinued operations reporting; yet, the pronouncement also requires expanded disclosures for discontinued operations. The adoption of ASU 2014-08 did not have a material impact on the Company’s consolidated unaudited financial statements because the Company did not have any discontinued operations.
In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (“ASU 2014-09”), which supersedes the revenue recognition requirements in Revenue Recognition (Topic 605), and requires an entity to recognize revenue in a way that depicts the transfer of promised goods or services to customers, including real estate sales, in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU 2014-09 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016, and is to be applied retrospectively, with early application not permitted. The Company does not believe ASU 2014-09, when effective, will have a material impact on the Company’s consolidated financial statements.
In August 2014, the FASB issued ASU 2014-15, Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern (“ASU 2014-15”), which requires management to assess an entity’s ability to continue as a going concern, and to provide related footnote disclosures in certain circumstances. ASU 2014-15 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016, with early application permitted. The Company does not believe ASU 2014-15, when effective, will have a material impact on the Company’s consolidated financial statements because the Company currently does not have any conditions that give rise to substantial doubt about its ability to continue as a going concern.
In February 2015, the FASB issued ASU No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis (“ASU 2015-02”), which eliminates the deferral of FAS 167 and makes changes to both the variable interest model and the voting model. These changes will require re-evaluation of certain entities for consolidation and will require the Company to revise its documentation regarding the consolidation or deconsolidation of such entities. ASU 2015-02 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2015, and is to be applied retrospectively, with early adoption permitted. The Company is currently evaluating the impact of the new standard on its consolidated financial statements.

Real_Estate_Acquisitions

Real Estate Acquisitions	12 Months Ended
	Dec. 31, 2014
Business Combinations [Abstract]
REAL ESTATE ACQUISITIONS	REAL ESTATE ACQUISITIONS
	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 $1.8 billion (the “2014 Acquisitions”). The Company purchased the 2014 Acquisitions with net proceeds from the 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, 2014 (in thousands):
			December 31, 2014
	Land	$	437,206
	Building and improvements		1,152,148
	Acquired in-place leases		154,972
	Acquired above market leases		23,430
	Acquired below market leases		24,620
	Fair value adjustment of assumed notes payable		(765	)
	Total purchase price	$	1,791,611
	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 expenses recorded during the year ended December 31, 2014. These costs were 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 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 is expected to be constructed. The land, acquired for an aggregate amount of $23.9 million, is included in buildings and improvements on the accompanying consolidated balance sheets and excluded from the 2014 Acquisitions. As of December 31, 2014, the Company had a total investment of $36.7 million and has committed to invest an additional estimated amount of $66.7 million related to the development project.
	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 the both of the properties closed and the title was transfered 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.
	2013 Property Acquisitions
	During the year ended December 31, 2013, the Company acquired 248 commercial properties for an aggregate purchase price of $1.7 billion (the “2013 Acquisitions”). The Company purchased the 2013 Acquisitions with net proceeds from the Offering and available borrowings. The Company allocated the purchase price of these properties to the fair value of the assets acquired and liabilities assumed. The following table summarizes the purchase price allocation (in thousands):
			December 31, 2013
	Land	$	390,781
	Building and improvements		1,103,390
	Acquired in-place leases		175,520
	Acquired above market leases		26,921
	Acquired below market leases		(31,802	)
	Total purchase price	$	1,664,810
	The Company recorded revenue for the year ended December 31, 2013 of $60.4 million and a net loss for the year ended December 31, 2013 of $25.7 million related to the 2013 Acquisitions.
	The following information summarizes selected financial information of the Company as if all of the 2013 Acquisitions were completed on January 1, 2012 for each period presented below. The table below presents the Company’s estimated revenue and net income, on a pro forma basis, for the years ended December 31, 2013 and 2012 (in thousands):
		Year Ended December 31,
		2013			2012
	Pro forma basis (unaudited):
	Revenue	$	181,859		$	147,515
	Net income	$	44,490		$	(30,842	)
	The unaudited pro forma information for the year ended December 31, 2013 was adjusted to exclude $48.3 million of acquisition-related expenses recorded during the year ended December 31, 2013. These costs were recognized in the unaudited pro forma information for the year ended December 31, 2012. The unaudited pro forma information is presented for informational purposes only and may not be indicative of what actual results of operations would have been had the transactions occurred at the beginning of 2012, nor does it purport to represent the results of future operations.

Intangible_Lease_Assets

Intangible Lease Assets	12 Months Ended
	Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE LEASE ASSETS	INTANGIBLE LEASE ASSETS
	Intangible lease assets consisted of the following (in thousands, except weighted average life amounts):
				As of December 31,
				2014			2013
	In-place leases, net of accumulated amortization of $41,739 and
		$12,523, respectively (with a weighted average life remaining of 12.4 years
		and 13.4 years, respectively)		$	344,664		$	218,407
	Acquired above market leases, net of accumulated amortization of $6,346 and
		$1,975, respectively (with a weighted average life remaining of 10.5 years and
		11.4 years, respectively)		47,253			28,194
				$	391,917		$	246,601
	Amortization expense related to the in-place lease assets for the years ended December 31, 2014, 2013 and 2012, was $29.6 million, $11.7 million and $871,000, respectively. Amortization expense related to the acquired above market lease assets for the years ended December 31, 2014, 2013 and 2012, was $4.4 million, $1.9 million and $36,000, respectively, and was recorded as a reduction to rental and other property income in the consolidated statements of operations.
	Estimated amortization expense related to the intangible lease assets as of December 31, 2014 for each of the five succeeding fiscal years is as follows (in thousands):
			Amortization
	Year Ending December 31,		In-Place Leases			Above Market Leases
	2015		$	37,291		$	5,835
	2016		$	34,768		$	5,568
	2017		$	33,022		$	5,305
	2018		$	30,945		$	4,471
	2019		$	28,069		$	3,556

Derivative_Instruments_and_Hed

Derivative Instruments and Hedging Activities (Notes)

12 Months Ended

Dec. 31, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

In the normal course of business, the Company uses certain types of derivative instruments for the purpose of managing or hedging its interest rate risks. The following table summarizes the terms of the Company’s executed swap agreements designated as hedging instruments as of December 31, 2014 and 2013 (in thousands):

Outstanding Notional

Fair Value of Liabilities

Balance Sheet

Amount as of

Interest

Effective

Maturity

December 31,

December 31,

Location

31-Dec-14

Rates (1)

Dates

Dates

2014

2013

Interest Rate Swaps

Deferred rental income and other liabilities

$

338,737

3.36% to 4.75%

6/24/2013 to 8/23/2013

6/24/2018 to 8/24/2020

$

(4,057

)

$

(2,252

)

-1

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

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

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

The following table summarizes the unrealized losses on the Company’s derivative instruments and hedging activities during the years ended December 31, 2014 and 2013 (in thousands). The Company did not own any derivative instruments during the year ended December 31, 2012.

Amount of Loss Recognized in Other

Comprehensive Loss

Year Ended December 31,

Derivatives in Cash Flow Hedging Relationships

2014

2013

Interest Rate Swaps (1)

$

(1,805

)

$

(2,252

)

-1

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

ineffective during the year ended December 31, 2014. No previously effective portions of the losses

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

reclassified into earnings during the year ended December 31, 2014.

The Company has agreements with each of its derivative counterparties that contain a provision whereby if the Company defaults on certain of its unsecured indebtedness, then the Company could also be declared in default on its derivative obligations resulting in an acceleration of payment. 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 of $4.6 million at December 31, 2014. In addition, the Company is exposed to credit risk in the event of non-performance by its derivative counterparties. The Company believes it mitigates its credit risk by entering into agreements with creditworthy counterparties. The Company records credit risk valuation adjustments on its interest rate swaps based on the respective credit quality of the Company and the counterparty. During the year ended December 31, 2014, there were no termination events or events of default related to the interest rate swaps.

Notes_Payable_And_Credit_Facil

Notes Payable And Credit Facility	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
NOTES PAYABLE AND CREDIT FACILITY	NOTES PAYABLE AND CREDIT FACILITY
	As of December 31, 2014, the Company had $1.5 billion of debt outstanding, with a weighted average years to maturity of 5.0 years and weighted average interest rate of 3.1%. The following table summarizes the debt balances as of December 31, 2014 and 2013, and the debt activity for the year ended December 31, 2014 (in thousands):
					During the Year Ended December 31, 2014
		Balance as of December 31, 2013			Debt Issuances and Assumptions		Repayments			Other (1)	Balance as of December 31, 2014
	Fixed rate debt	$	396,946		$	169,278	$	(388	)	671	$	566,507
	Credit facility	300,000			600,000		—			—	900,000
	Total	$	696,946		$	769,278	$	(388	)	671	$	1,466,507
	-1	Represents fair value adjustment of an assumed mortgage note payable, net of amortization.
	As of December 31, 2014, the fixed rate debt outstanding of $566.5 million included $38.7 million of variable rate debt subject to interest rate swap agreements, which had the effect of fixing the variable interest rates per annum through the maturity date of the variable rate debt. In addition, the fixed rate debt includes a mortgage note assumed with a face amount of $25.2 million and a fair value of $26.0 million at the date of assumption. The fixed rate debt has interest rates ranging from 3.35% to 4.98% per annum. The debt outstanding matures on various dates from June 2018 through December 2024. The aggregate balance of gross real estate assets, net of gross intangible lease liabilities, securing the fixed rate debt outstanding was $944.6 million as of December 31, 2014. Each of the mortgage notes payable comprising the fixed rate debt is secured by the respective properties on which the debt was placed.
	The Company has an amended and restated unsecured credit facility (the “Credit Facility”) with JPMorgan Chase Bank, N.A., as administrative agent (“JPMorgan Chase”), which during 2014 provides for borrowings of up to $900.0 million, which includes a $300.0 million unsecured term loan (the “Term Loan”) and up to $600.0 million in unsecured revolving loans (the “Revolving Loans”). The Credit Facility may be increased up to a maximum of $1.6 billion. The Term Loan matures on August 15, 2018 and the Revolving Loans mature on August 15, 2017; however, the Company may elect to extend the maturity date for the Revolving Loans to August 15, 2018 subject to satisfying certain conditions set forth in the amended and restated unsecured credit agreement among CCPT IV OP and JPMorgan Chase, as administrative agent (as amended prior to the date hereof, the “Amended and Restated Credit Agreement”). Depending upon the type of loan specified and overall leverage ratio, the Revolving Loans bear interest at one-month, two-month, three-month or six-month LIBOR multiplied by the statutory reserve rate (the “Eurodollar Rate”) plus an interest rate spread ranging from 1.65% to 2.50% (the “Spread”) or a base rate, ranging from 0.65% to 1.50%, plus the greater of (a) JPMorgan Chase’s Prime Rate; (b) the Federal Funds Effective Rate (as defined in the Amended and Restated Credit Agreement) plus 0.50%; or (c) the Eurodollar Rate plus 1.00%. The Company executed a swap agreement associated with the Term Loan, which had the effect of fixing the variable interest rate per annum on August 15, 2013 through the maturity date of the loan at 1.713% (the “Swap Rate”). Based on the Company’s leverage ratio, the Term Loan bears interest at the Swap Rate plus the Spread, which totaled 3.36% as of December 31, 2014, and the Revolving Loans had an interest rate of 1.97% as of December 31, 2014. As of December 31, 2014, the Company had $900 million outstanding under the Credit Facility.
	The 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 Amended and Restated Credit Agreement requires the Company to maintain a minimum consolidated net worth of at least $2.0 billion as of December 31, 2014, a leverage ratio less than 60%, a fixed charge coverage ratio greater than 1.50, an unsecured debt to unencumbered asset value ratio equal to or less than 50%, an unsecured debt service coverage ratio greater than 1.75 and a secured debt ratio equal to or less than 30%. The Company was in compliance with the covenants under the Amended and Restated Credit Agreement as of December 31, 2014.
	The following table summarizes the scheduled aggregate principal repayments for the Company’s outstanding debt as of December 31, 2014 for each of the five succeeding fiscal years and the period thereafter (in thousands):
	Year Ending December 31,		Principal Repayments
	2015		$	408
	2016		425
	2017		600,451
	2018		324,211
	2019		499
	Thereafter		539,842
	Total		$	1,465,836

Acquired_Below_Market_Lease_In

Acquired Below Market Lease Intangibles	12 Months Ended
	Dec. 31, 2014
Intangible Liabilities Disclosure [Abstract]
ACQUIRED BELOW MARKET LEASE INTANGIBLES	ACQUIRED BELOW MARKET LEASE INTANGIBLES
	Acquired below market lease intangibles consisted of the following (in thousands, except weighted average life amounts):
				As of December 31,
				2014		2013
	Acquired below market leases, net of accumulated amortization of $8,807
		and $2,237, respectively (with a weighted average life remaining of 9.2
		years and 11.6 years, respectively)		$	55,535	$	37,485
	Amortization of the intangible lease liabilities during the years ended December 31, 2014 and 2013, was $6.6 million and $2.1 million, respectively, and was recorded as an addition to rental and other property income in the consolidated statements of operations.
	Estimated amortization of the intangible lease liabilities as of December 31, 2014 for each of the five succeeding fiscal years is as follows (in thousands):
	Year Ending December 31,		Amortization of Below Market Leases
	2015		$	8,570
	2016		$	8,122
	2017		$	7,908
	2018		$	7,588
	2019		$	6,999

Supplemental_Cash_Flow_Disclos

Supplemental Cash Flow Disclosures	12 Months Ended
	Dec. 31, 2014
Supplemental Cash Flow Elements [Abstract]
SUPPLEMENTAL CASH FLOW DISCLOSURES	SUPPLEMENTAL CASH FLOW DISCLOSURES
	Supplemental cash flow disclosures for the years ended December 31, 2014, 2013 and 2012 are as follows (in thousands):
		Year Ended December 31,
		2014			2013			2012
	Supplemental Disclosures of Non-Cash Investing and Financing Activities:
	Distributions declared and unpaid	$	16,189		$	10,569		$	1,456
	Accrued other offering costs due to affiliates	$	—		$	4,937		$	1,661
	Accrued capital expenditures	$	7,721		$	1,760		$	2,815
	Common stock issued through distribution reinvestment plan	$	104,261		$	25,702		$	1,964
	Net unrealized loss on interest rate swaps	$	(1,805	)	$	(2,252	)	$	—
	Contingent consideration recorded upon property acquisitions	$	5,342		$	553		$	708
	Fair value of assumed bond obligations	$	25,979		$	—		$	591
	Supplemental Cash Flow Disclosures:
	Interest paid	$	31,159		$	17,474		$	783

Commitments_and_Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES
	Litigation
	In the ordinary course of business, the Company may become subject to litigation or claims. The Company is not aware of any pending legal proceedings of which the outcome is reasonably possible to have a material effect on its results of operations, financial condition or liquidity.
	Purchase Commitments
	As of December 31, 2014, the Company had entered into purchase agreements with unaffiliated third-party sellers to acquire a 100% interest in 36 retail properties, subject to meeting certain criteria, for an aggregate purchase price of $86.4 million, exclusive of closing costs. As of December 31, 2014, the Company had $4.8 million of property escrow deposits held by escrow agents in connection with these future property acquisitions, of which $4.8 million will be forfeited if the transactions are not completed under certain circumstances. In connection with one of these purchase and sale agreements, the Company is contractually obligated to purchase 25 properties, of which the Company had purchased 22 properties as of December 31, 2014 and expects to purchase the remaining three properties. If the remaining three properties are not purchased, the Company will be obligated to pay the seller $10.0 million. These deposits are included in the consolidated balance sheets in property escrow deposits, prepaid expenses and other assets. None of these escrow deposits have been forfeited.
	Environmental Matters
	In connection with the ownership and operation of real estate, the Company potentially may be liable for costs and damages related to environmental matters. The Company owns certain properties that are subject to environmental remediation. In each case, the seller of the property, the tenant of the property and/or another third party has been identified as the responsible party for environmental remediation costs related to the respective property. Additionally, in connection with the purchases of certain of the properties, the respective sellers and/or tenants have indemnified the Company against future remediation costs. In addition, the Company carries environmental liability insurance on its properties that provides limited coverage for remediation liability and pollution liability for third-party bodily injury and property damage claims. Accordingly, the Company does not believe that it is reasonably possible that the environmental matters identified at such properties will have a material effect on its results of operations, financial condition or liquidity, nor is it aware of any environmental matters at other properties which it believes are reasonably possible to have a material effect on its results of operations, financial condition or liquidity.

RelatedParty_Transactions_and_

Related-Party Transactions and Arrangements	12 Months Ended
	Dec. 31, 2014
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 Offering and the acquisition, management and disposition of its assets.
	Offering
	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 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, could have 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 broker-dealers with respect to shares sold pursuant to the DRIP portion of the Offering or the DRIP Offering.
	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.
	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,
		2014		2013		2012
	Offering:
	Selling commissions (1)	$	55,921	$	122,082	$	20,107
	Selling commissions reallowed by CCC	$	55,921	$	122,082	$	20,107
	Dealer manager fees (1)	$	16,780	$	35,685	$	5,944
	Dealer manager fees reallowed by CCC	$	9,326	$	20,183	$	3,104
	Other organization and offering expenses	$	7,277	$	36,179	$	5,983
	-1	Selling commissions and dealer manager fees are reduced by amounts recouped in connection with cancellations of common stock during the year ended December 31, 2014. These amounts are included in redemptions and net cancellations of common stock in the accompanying consolidated statements of stockholders’ equity.
	For the year ended December 31, 2014, none of the amounts shown above had been incurred, but not yet paid, for services provided by CR IV Advisors or its affiliates in connection with the offering stage of the Offering. For the years ended December 31, 2013 and 2012, approximately $4.9 million and $1.7 million of the amounts shown above had been incurred, but not yet paid, for services provided by CR IV Advisors or its affiliates in connection with the offering stage of the Offering.
	Acquisitions and Operations
	CR IV Advisors or its affiliates also receive acquisition fees of up to 2.0% of: (1) the contract purchase price of each property or asset the Company acquires; (2) the amount paid in respect of the development, construction or improvement of each asset the Company acquires; (3) the purchase price of any loan the Company acquires; and (4) the principal amount of any loan the Company originates. Additionally, CR IV Advisors or its affiliates are reimbursed for acquisition-related expenses incurred in the process of acquiring properties, so long as the total acquisition fees and expenses relating to the transaction do not exceed 6.0% of the contract purchase price.
	The Company pays CR IV Advisors a monthly advisory fee based upon the Company’s monthly average invested assets, which is equal to the following amounts: (1) an annualized rate of 0.75% paid on the Company’s average invested assets that are between $0 to $2.0 billion; (2) an annualized rate of 0.70% paid on the Company’s average invested assets that are between $2.0 billion to $4.0 billion; and (3) an annualized rate of 0.65% paid on the Company’s average invested assets that are over $4.0 billion.
	The Company reimburses CR IV Advisors for the expenses it paid or incurred in connection with the services provided to the Company, subject to the limitation that the Company will not reimburse for any amount by which its operating expenses (including the advisory fee) at the end of the four preceding fiscal quarters exceeds the greater of: (1) 2.0% of average invested assets, or (2) 25.0% of net income other than any additions to reserves for depreciation, bad debts or other similar non-cash reserves and excluding any gain from the sale of assets for that period. The Company will not reimburse for personnel costs in connection with services for which CR IV Advisors receives acquisition fees.
	The Company recorded fees and expense reimbursements as shown in the table below for services provided by CR IV Advisors or its affiliates related to the services described above during the periods indicated (in thousands):
		Year Ended December 31,
		2014		2013		2012
	Acquisition and Operations:
	Acquisition fees and expenses	$	38,483	$	35,109	$	10,342
	Advisory fees and expenses	$	24,152	$	10,549	$	812
	Operating expenses	$	3,383	$	2,905	$	138
	Of the amounts shown above, $5.5 million, $2.6 million and $268,000 had been incurred, but not yet paid, for services provided by CR IV Advisors or its affiliates in connection with the acquisition and operations stage during the years ended December 31, 2014, 2013 and 2012 respectively, and the $5.5 million incurred but not yet paid as of December 31, 2014 was a liability to the Company as of such date.
	Liquidation/Listing
	If CR IV Advisors or its affiliates provide a substantial amount of services (as determined by a majority of the Company’s independent directors) in connection with the sale of properties, the Company will pay CR IV Advisors or its affiliates a disposition fee in an amount equal to up to one-half of the brokerage commission paid on the sale of the property, not to exceed 1.0% of the contract price of the property sold; provided, however, in no event may the disposition fee paid to CR IV Advisors or its affiliates, when added to the real estate commissions paid to unaffiliated third parties, exceed the lesser of the customary competitive real estate commission or an amount equal to 6.0% of the contract sales price.
	If the Company is sold or its assets are liquidated, CR IV Advisors will be entitled to receive a subordinated performance fee equal to 15.0% of the net sale proceeds remaining after investors have received a return of their net capital invested and an 8.0% annual cumulative, non-compounded return. Alternatively, if the Company’s shares are listed on a national securities exchange, CR IV Advisors will be entitled to a subordinated performance fee equal to 15.0% of the amount by which the market value of the Company’s outstanding stock plus all distributions paid by the Company prior to listing, exceeds the sum of the total amount of capital raised from investors and the amount of distributions necessary to generate an 8.0% annual cumulative, non-compounded return to investors. As an additional alternative, upon termination of the advisory agreement, CR IV Advisors may be entitled to a subordinated performance fee similar to 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, 2014, 2013 and 2012, no commissions or fees were incurred for any services provided by CR IV Advisors and its affiliates in connection with the liquidation/listing stage.
	Due to Affiliates
	As of December 31, 2014, $5.5 million had been incurred primarily for advisory, operating and acquisition-related expenses by CR IV Advisors or its affiliates, but had not yet been reimbursed by the Company. As of December 31, 2013, $7.5 million had been incurred primarily for offering, advisory, operating and acquisition-related expenses by CR IV Advisors or its affiliates, but had not yet been reimbursed by the Company. These amounts were included in due to affiliates in the consolidated balance sheets as of such periods.

Economic_Dependency

Economic Dependency	12 Months Ended
	Dec. 31, 2014
Economic Dependency [Abstract]
ECONOMIC DEPENDENCY	ECONOMIC DEPENDENCY
	Under various agreements, the Company has engaged or will engage CR IV Advisors and its affiliates to provide certain services that are essential to the Company, including asset management services, supervision of the management and leasing of properties owned by the Company, asset acquisition and disposition decisions, the sale of shares of the Company’s common stock available for issuance, as well as other administrative responsibilities for the Company including accounting services and investor relations. As a result of these relationships, the Company is dependent upon CR IV Advisors and its affiliates. In the event that these companies are unable to provide the Company with these services, the Company would be required to find alternative providers of these services.

Stockholders_Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2014
Equity [Abstract]
STOCKHOLDERS' EQUITY	STOCKHOLDERS’ EQUITY
	As of December 31, 2014, the Company registered 26.0 million shares of common stock pursuant to the 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 Offering is classified as common stock, with the remainder allocated to capital in excess of par value.
	As of December 31, 2013 and 2012, the Company was authorized to issue 490.0 million shares of common stock and 10.0 million shares of preferred stock. All shares of such stock have a par value of $0.01 per share. On August 11, 2010, the Company sold 20,000 shares of common stock, at $10.00 per share, to Cole Holdings Corporation (“CHC”). On April 5, 2013, the ownership of such shares was transferred to CREInvestments, LLC (“CREI”). On February 7, 2014, the ownership of such shares was transferred to ARC Properties Operating Partnership, L.P. (“ARCP OP”). Pursuant to the Company’s charter, ARCP OP is prohibited from selling the 20,000 shares of the common stock that represents the initial investment in the Company for so long as Cole Capital remains the Company’s sponsor; provided, however, that ARCP OP may transfer ownership of all or a portion of these 20,000 shares of the Company’s common stock to other affiliates of the Company’s sponsor. The Company ceased offering shares of its common stock in the Offering on April 4, 2014 and registered 26.0 million shares of common stock under the 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 per share under the DRIP Offering is $9.50 per share. The Company’s board of directors may terminate or amend the 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, 2014, 2013 and 2012, approximately 11.0 million, 2.7 million and 207,000 shares were purchased under the DRIP portion of the Offering and the DRIP Offering for approximately $104.3 million, $25.7 million and $2.0 million, respectively.
	Share Redemption Program
	The Company’s share redemption program permits its stockholders to sell their shares back to the Company after they have held them for at least one year, subject to the significant conditions and limitations described below.
	The share redemption program provides that the Company will redeem shares of its common stock from requesting stockholders, subject to the terms and conditions of the share redemption program. The Company will limit the number of shares redeemed pursuant to the share redemption program as follows: (1) the Company will not redeem in excess of 5% of the weighted average number of shares outstanding during the trailing 12 months prior to the end of the fiscal quarter for which the redemptions are being paid; and (2) funding for the redemption of shares will be limited to the net proceeds the Company receives from the sale of shares under the DRIP. In an effort to accommodate redemption requests throughout the calendar year, the Company intends to limit quarterly redemptions to approximately 1.25% of the weighted average number of shares outstanding during the trailing 12 month period ending on the last day of the fiscal quarter, and funding for redemptions for each quarter generally will be limited to the net proceeds the Company receives from the sale of shares in the respective quarter under the DRIP.
	Until such time as the Company's shares are listed on a national securities exchange or, if the shares are not listed, until such time as the Board determines a reasonable estimate of the value of the Company’s shares, the redemption price per share (other than for shares purchased pursuant to the DRIP) will depend on the price paid for the shares and the length of time the stockholder has held such shares as follows: after one year from the purchase date, 95% of the amount paid for each share; after two years from the purchase date, 97.5% of the amount paid for each share; and after three years from the purchase date, 100% of the amount paid for each share. During this time period, the redemption price for shares purchased pursuant to the DRIP will be the amount paid for such shares. (In each case, the redemption price will be adjusted for any stock dividends, combinations, splits, recapitalizations and the like with respect to the Company’s common stock). Accordingly, the redemption price will reflect a stockholder’s reduced purchase price if such stockholder received discounted or waived selling commissions and/or a waived dealer manager fee. At any time the Company is engaged in an offering of shares, the per share price for shares purchased under the redemption program will always be equal to or lower than the applicable per share offering price.
	Upon receipt of a request for redemption, the Company may conduct a Uniform Commercial Code search to ensure that no liens are held against the shares. If the Company cannot purchase all shares presented for redemption in any fiscal quarter, based upon insufficient cash available and/or the limit on the number of shares the Company may redeem during any quarter or year, the Company will give priority to the redemption of deceased stockholders’ shares. The Company next will give priority to requests for full redemption of accounts with a balance of 250 shares or less at the time the Company receives the request, in order to reduce the expense of maintaining small accounts. Thereafter, the Company will honor the remaining redemption requests on a pro rata basis. Following such quarterly redemption period, the unsatisfied portion of the prior redemption request must be resubmitted, prior to the last day of the new quarter. Unfulfilled requests for redemption will not be carried over automatically to subsequent redemption periods.
	The Company redeems shares no later than the end of the month following the end of each fiscal quarter. Requests for redemption must be received on or prior to the end of the fiscal quarter in order for the Company to repurchase the shares in the month following the end of that fiscal quarter. The Board may amend, suspend or terminate the share redemption program at any time upon 30 days’ notice to the stockholders. During the years ended December 31, 2014 and 2013, the Company redeemed approximately 1.1 million and 123,000 shares, respectively, under the share redemption program for $10.6 million and $1.2 million, respectively. The Company did not redeem any shares during the year ended December 31, 2012.

Income_Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2014
Income Tax Disclosure [Abstract]
INCOME TAX DISCLOSURE	INCOME TAXES
	For federal income tax purposes, distributions to stockholders are characterized as ordinary dividends, capital gain distributions, or nontaxable distributions. Nontaxable distributions will reduce U.S stockholders’ basis (but not below zero) in their shares. The following table shows the character of the distributions the Company paid on a percentage basis for the years ended December 31, 2014, 2013 and 2012:
		Year Ended December 31,
	Character of Distributions (Unaudited):	2014		2013		2012
	Ordinary dividends	47	%	60	%	72	%
	Nontaxable distributions	53	%	40	%	28	%
	Total	100	%	100	%	100	%
	As of December 31, 2014, the tax basis carrying value of the Company’s land and depreciable real estate assets was $3.9 billion. During the years ended December 31, 2014, 2013 and 2012, the Company distributed as dividends to its shareholders 100% of its taxable income for federal income tax purposes. Accordingly, no provision for federal income taxes related to such taxable income was recorded on the Company’s financial statements. During the years ended December 31, 2014, 2013 and 2012, the Company incurred state and local income and franchise taxes of $1.3 million, $473,000, and $113,000, respectively, which were recorded in general and administrative expenses in the consolidated statements of operations.
	The Company had no unrecognized tax benefits as of or during the years ended December 31, 2014 and 2013. 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, 2014
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, 2014, the leases had a weighted-average remaining term of 11.6 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, 2014, was as follows (in thousands):
	Year Ending December 31,	Future Minimum Rental Income
	2015	$	293,566
	2016	287,849
	2017	281,864
	2018	271,222
	2019	254,989
	Thereafter	2,040,528
		$	3,430,018

Quarterly_Results_Unaudited

Quarterly Results (Unaudited)	12 Months Ended
	Dec. 31, 2014
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, 2014 and 2013 (in thousands, except for per share amounts). In the opinion of management, the information for the interim periods presented includes all adjustments which are of a normal and recurring nature, necessary to present a fair presentation of the results for each period.
		31-Dec-14
		First Quarter			Second Quarter			Third Quarter			Fourth Quarter
	Revenues	$	51,551		$	56,861		$	64,591		$	83,279
	Acquisition-related expenses	$	8,633		$	10,113		$	21,009		$	12,008
	Operating income	$	10,564		$	10,790		$	3,698		$	20,378
	Net income (loss)	$	2,946		$	3,190		$	(4,147	)	$	9,181
	Net income (loss) attributable to the Company	$	2,946		$	3,204		$	(4,156	)	$	9,196
	Basic and diluted net income (loss) per common share (1)	$	0.01		$	0.01		$	(0.01	)	$	0.03
	Distributions declared per common share	$	0.15		$	0.16		$	0.16		$	0.16
	(1) Based on the weighted average number of shares outstanding as of December 31, 2014.
		31-Dec-13
		First Quarter			Second Quarter			Third Quarter			Fourth Quarter
	Revenues	$	11,405		$	21,773		$	30,326		$	39,053
	Acquisition-related expenses	$	5,639		$	14,551		$	10,356		$	17,740
	Operating (loss) income	$	(1,055	)	$	(6,051	)	$	552		$	(4,142	)
	Net loss	$	(3,795	)	$	(11,669	)	$	(6,588	)	$	(10,828	)
	Net loss attributable to the Company	$	(3,795	)	$	(11,669	)	$	(6,588	)	$	(10,828	)
	Basic and diluted net loss per common share (1)	$	(0.04	)	$	(0.13	)	$	(0.07	)	$	(0.12	)
	Distributions declared per common share	$	0.15		$	0.16		$	0.16		$	0.16
	(1) Based on the weighted average number of shares outstanding as of December 31, 2013.

Subsequent_Events

Subsequent Events	12 Months Ended
	Dec. 31, 2014
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS
	Issuance of Shares of Common Stock in the DRIP Offering
	The Company continues to issue shares of common stock in the DRIP Offering. As of March 25, 2015, the Company had issued approximately 11.7 million shares pursuant to the DRIP Offering, resulting in gross proceeds to the Company of $111.4 million.
	Redemption of Shares of Common Stock
	Subsequent to December 31, 2014 through March 25, 2015, the Company redeemed approximately 834,000 shares for $8.0 million (at an average price per share of $9.64).
	Credit Facility
	Subsequent to December 31, 2014 through March 25, 2015, the Company increased its Credit Facility, which now provides for borrowings of up to $1.0 billion, which includes a $386.7 million Term Loan and up to $643.3 million in Revolving Loans. As of March 25, 2015, the Company had $949.7 million outstanding under the Credit Facility. The Company also entered into two notes payable totaling $53.5 million, with a weighted average interest rate of 2.84% as of March 25, 2015.
	Investment in Real Estate Assets
	Subsequent to December 31, 2014 through March 25, 2015, the Company acquired 52 commercial real estate properties for an aggregate purchase price of $169.9 million. The acquisitions were funded with net proceeds from the Offering and available borrowings. Acquisition-related expenses totaling $3.4 million were expensed as incurred. 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 in these consolidated financial statements for these properties.
	Officer Appointment
	Effective March 24, 2015, Thomas W. Roberts was appointed chairman of the board of directors by the Board.
	Effective March 24, 2015, Christine T. Brown was appointed principal accounting officer of the Company by the Board, replacing Simon J. Misselbrook as principal accounting officer of the Company. Mr. Misselbrook remains the chief financial officer, treasurer and principal financial officer of the Company.

Schedule_III_Real_Estate_Asset

Schedule III - Real Estate Assets and Accumulated Depreciated	12 Months Ended
	Dec. 31, 2014
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]
Schedule III - Real Estate Assets and Accumulated Depreciation	As of December 31, 2014, the Company owned 672 single-tenant, freestanding retail properties, 77 multi-tenant retail properties, seven office/industrial properties, and three medical office buildings.
	(b) The aggregate cost for federal income tax purposes was $3.9 billion.
	(c) The following is a reconciliation of total real estate carrying value for the years ended December 31 (in thousands):
				2014			2013
	Balance, beginning of period				$	1,960,708		$	464,539
		Additions
			Acquisitions		1,613,201			1,494,171
			Improvements		18,967			1,998
		Total additions			$	1,632,168		$	1,496,169
		Deductions
			Cost of real estate sold		1,937			—
			Adjustment to basis		—			—
			Other (including provisions for impairment of real estate assets)		—			—
		Total deductions			1,937			—
	Balance, end of period				$	3,590,939		$	1,960,708
	(d) The following is a reconciliation of accumulated depreciation for the years ended December 31 (in thousands):
				2014			2013
	Balance, beginning of period				$	23,377		$	1,743
		Additions
			Acquisitions - Depreciation Expense for Building, Acquisitions Costs & Tenant Improvements Acquired		54,656			21,624
			Improvements - Depreciation Expense for Tenant Improvements and Building Equipment		153			10
		Total additions			$	54,809		$	21,634
		Deductions
			Cost of real estate sold		—			—
			Other (including provisions for impairment of real estate assets)		—			—
		Total deductions			—			—
	Balance, end of period				$	78,186		$	23,377
	(e) The Company’s assets are depreciated or amortized using the straight-line method over the useful lives of the assets by class. Generally, tenant improvements are amortized over the respective lease term and buildings are depreciated over 40 years.
	(f) Subject to ground lease and therefore date constructed is not applicable.
	(g) Property is included in the Credit Facility’s borrowing base. As of December 31, 2014, the Company had $900.0 million outstanding under the Credit Facility.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2014
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. Certain prior year balances have been combined in the consolidated statements of operations and statements of cash flows.
	The Company evaluates its relationships and investments to determine if it has variable interests. A variable interest is an investment or other interest that will absorb portions of an entity’s expected losses or receive portions of the entity’s expected residual returns.  If the Company determines that it has a variable interest in an entity, it evaluates whether such interest is in a variable interest entity (“VIE”). A VIE is broadly defined as an entity where either (1) the equity investors as a group, if any, lack the power through voting or similar rights to direct the activities of an entity that most significantly impact the entity’s economic performance or (2) the equity investment at risk is insufficient to finance that entity’s activities without additional subordinated financial support. The Company consolidates any VIEs when it is determined to be the primary beneficiary of the VIE’s operations.
	A variable interest holder is considered to be the primary beneficiary of a VIE if it has the power to direct the activities of a VIE that most significantly impact the entity’s economic performance and has the obligation to absorb losses of, or the right to receive benefits from, the entity that could potentially be significant to the VIE. The Company qualitatively assesses whether it is (or is not) the primary beneficiary of a VIE. Consideration of various factors include, but are not limited to, the Company’s ability to direct the activities that most significantly impact the entity’s economic performance, its form of ownership interest, its representation on the entity’s governing body, the size and seniority of its investment, its ability and the rights of other investors to participate in policy making decisions and to replace the manager of and/or liquidate the entity.
	The Company continually evaluates the need to consolidate its joint venture arrangements based on standards set forth in GAAP. In determining whether the Company has a controlling interest in a joint venture arrangement and the requirement to consolidate the accounts of that entity, management considers factors such as ownership interest, power to make decisions and contractual and substantive participating rights of the partners/members as well as whether the entity is a VIE for which the Company may be the primary beneficiary. As of December 31, 2014, the Company determined that it had a controlling interest in the Consolidated Joint Venture and therefore met the GAAP requirements for consolidation. As of December 31, 2014, the Consolidated Joint Venture held real estate assets with an aggregate book value of $18.9 million. As of December 31, 2014 and December 31, 2013, the Company was not required to consolidate 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.
Use of estimates	Use of Estimates
	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Investment in and valuation of real estate assets	Investment in and Valuation of Real Estate Assets
	Real estate assets are stated at cost, less accumulated depreciation and amortization. Amounts capitalized to real estate assets consist of the cost of acquisition, excluding acquisition-related expenses, construction and any tenant improvements, major improvements and betterments that extend the useful life of the real estate assets and leasing costs. All repairs and maintenance are expensed as incurred.
	The Company is required to make subjective assessments as to the useful lives of its depreciable assets. The Company considers the period of future benefit of each respective asset to determine the appropriate useful life of the assets. Real estate assets, other than land, are depreciated or amortized on a straight-line basis. The estimated useful lives of the Company’s real estate assets by class are generally as follows:
	Buildings	40 years
	Tenant improvements	Lesser of useful life or lease term
	Intangible lease assets	Lease term
	The Company continually monitors events and changes in circumstances that could indicate that the carrying amounts of its real estate assets may not be recoverable. Impairment indicators that the Company considers include, but are not limited to, bankruptcy or other credit concerns of a property’s major tenant, such as a history of late payments, rental concessions and other factors, a significant decrease in a property’s revenues due to lease terminations, vacancies, co-tenancy clauses, reduced lease rates or other circumstances. When indicators of potential impairment are present, the Company assesses the recoverability of the assets by determining whether the carrying amount of the assets will be recovered through the undiscounted future cash flows expected from the use of the assets and their eventual disposition. In the event that such expected undiscounted future cash flows do not exceed the carrying amount, the Company will adjust the real estate assets to their respective fair values and recognize an impairment loss. Generally, fair value is determined using a discounted cash flow analysis and recent comparable sales transactions. No impairment indicators were identified and no impairment losses were recorded during the years ended December 31, 2014, 2013, or 2012.
	When developing estimates of expected future cash flows, the Company makes certain assumptions regarding future market rental income amounts subsequent to the expiration of current lease agreements, property operating expenses, terminal capitalization and discount rates, the expected number of months it takes to re-lease the property, required tenant improvements and the number of years the property will be held for investment. The use of alternative assumptions in estimating expected future cash flows could result in a different determination of the property’s expected future cash flows and a different conclusion regarding the existence of an impairment, the extent of such loss, if any, as well as the fair value of the real estate assets.
	When a real estate asset is identified by the Company as held for sale, the Company will cease depreciation and amortization of the assets related to the property and estimate the fair value, net of selling costs. If, in management’s opinion, the fair value, net of selling costs, of the asset is less than the carrying amount of the asset, an adjustment to the carrying amount would be recorded to reflect the estimated fair value of the property, net of selling costs. There were no assets identified as held for sale as of December 31, 2014, 2013, or 2012.
Allocation of purchase price of real estate assets	Allocation of Purchase Price of Real Estate Assets
	Upon the acquisition of real properties, the Company allocates the purchase price to acquired tangible assets, consisting of land, buildings and improvements, and identified intangible assets and liabilities, consisting of the value of above market and below market leases and the value of in-place leases, based in each case on their respective fair values. Acquisition-related expenses are expensed as incurred. The Company utilizes independent appraisals to assist in the determination of the fair values of the tangible assets of an acquired property (which includes land and buildings). The Company obtains an independent appraisal for each real property acquisition. The information in the appraisal, along with any additional information available to the Company’s management, is used in estimating the amount of the purchase price that is allocated to land. Other information in the appraisal, such as building value and market rents, may be used by the Company’s management in estimating the allocation of purchase price to the building and to intangible lease assets and liabilities. The appraisal firm has no involvement in management’s allocation decisions other than providing this market information.
	The fair values of above market and below market lease intangibles are recorded based on the present value (using a discount rate which reflects the risks associated with the leases acquired) of the difference between (1) the contractual amounts to be paid pursuant to the in-place leases and (2) an estimate of fair market lease rates for the corresponding in-place leases, which is generally obtained from independent appraisals, measured over a period equal to the remaining non-cancelable term of the lease including any bargain renewal periods, with respect to a below market lease. The above market and below market lease intangibles are capitalized as intangible lease assets or liabilities, respectively. Above market leases are amortized as a reduction to rental income over the remaining terms of the respective leases. Below market leases are amortized as an increase to rental income over the remaining terms of the respective leases, including any bargain renewal periods. In considering whether or not the Company expects a tenant to execute a bargain renewal option, the Company evaluates economic factors and certain qualitative factors at the time of acquisition, such as the financial strength of the tenant, remaining lease term, the tenant mix of the leased property, the Company’s relationship with the tenant and the availability of competing tenant space. If a lease were to be terminated prior to its stated expiration, all unamortized amounts of above market or below market lease intangibles relating to that lease would be recorded as an adjustment to rental income.
	The fair values of in-place leases include estimates of direct costs associated with obtaining a new tenant and opportunity costs associated with lost rental and other property income, which are avoided by acquiring a property with an in-place lease. Direct costs associated with obtaining a new tenant include commissions and other direct costs and are estimated in part by utilizing information obtained from independent appraisals and management’s consideration of current market costs to execute a similar lease. The intangible values of opportunity costs, which are calculated using the contractual amounts to be paid pursuant to the in-place leases over a market absorption period for a similar lease, are capitalized as intangible lease assets and are amortized to expense over the remaining term of the respective leases. If a lease were to be terminated prior to its stated expiration, all unamortized amounts of in-place lease assets relating to that lease would be expensed.
	The Company has acquired, and may continue to acquire, certain properties subject to contingent consideration arrangements that may obligate the Company to pay additional consideration to the seller based on the outcome of future events (the “Contingent Payments”). Additionally, the Company may acquire certain properties for which it funds certain contingent consideration amounts into an escrow account pending the outcome of certain future events. The outcome may result in the release of all or a portion of the escrowed funds to the Company or the seller or a combination thereof. Contingent consideration arrangements are based on a predetermined formula and have set time periods regarding the obligation to make future payments, including funds released to the seller from escrow accounts, or the right to receive escrowed funds as set forth in the respective purchase and sale agreement. Contingent consideration arrangements, including amounts funded through an escrow account, are recorded upon acquisition of the respective property at their estimated fair values, and any changes to the estimated fair values, subsequent to acquisition, are reflected in the accompanying consolidated statements of operations. The determination of the amount of contingent consideration arrangements is based on the probability of several possible outcomes as identified by management.
	The 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 to interest expense over the term of the respective mortgage note payable.
	The determination of the fair values of the real estate assets and liabilities acquired requires the use of significant assumptions with regard to the current market rental rates, rental growth rates, capitalization and discount rates, interest rates and other variables. The use of alternative estimates may result in a different allocation of the Company’s purchase price, which could impact the Company’s results of operations.
Investment in unconsolidated joint ventures	Investment in Unconsolidated Joint Venture
	The Company accounts for its unconsolidated joint venture arrangement using the equity method of accounting as the Company has the ability to exercise significant influence, but not control, over operating and financial policies of this investment. The equity method of accounting requires the investment to be initially recorded at cost and subsequently adjusted for the Company’s share of equity in the Unconsolidated Joint Venture’s earnings and distributions. The Company is required to determine whether an event or change in circumstances has occurred that may have a significant adverse effect on the fair value of its investment in the Unconsolidated Joint Venture. If an event or change in circumstance has occurred, the Company is required to evaluate the Unconsolidated Joint Venture for potential impairment and determine if the carrying amount of its investment exceeds its fair value. An impairment charge is recorded when an impairment is deemed to be other-than-temporary. To determine whether an impairment is other-than-temporary, the Company considers whether it has the ability and intent to hold the investment until the carrying amount is fully recovered. The evaluation of an investment in an Unconsolidated Joint Venture for potential impairment requires the Company’s management to exercise significant judgment and to make certain assumptions. The use of different judgments and assumptions could result in different conclusions. No impairment indicators were identified and no impairment losses were recorded related to the Unconsolidated Joint Venture during the years ended December 31, 2014 and December 31, 2013.
Cash and cash equivalents	Cash and Cash Equivalents
	The Company considers all highly liquid instruments with maturities when purchased of three months or less to be cash equivalents. The Company considers investments in highly liquid money market accounts to be cash equivalents.
Restricted cash and escrows	Restricted Cash and Escrows
	Included in restricted cash was $2.7 million and $2.6 million held by lenders in lockbox accounts, as of December 31, 2014 and 2013. As part of certain debt agreements, rents from certain encumbered properties are deposited directly into a lockbox account, from which the monthly debt service payment is disbursed to the lender and the excess is disbursed to the Company. Also included in restricted cash was $1.9 million and $513,000 held by lenders in escrow accounts for real estate taxes and other lender reserves for certain properties, in accordance with the respective lender’s loan agreement as of December 31, 2014 and 2013, respectively. The Company also had $5.1 million of escrowed investor proceeds for which shares of common stock had not been issued as of December 31, 2013.
Rents and tenant receivables	Rents and Tenant Receivables
	Rents and tenant receivables primarily include amounts to be collected in future periods related to the recognition of rental income on a straight-line basis over the lease term and cost recoveries due from tenants. The Company makes estimates of the uncollectability of its accounts receivable related to base rents, expense reimbursements and other revenues. The Company analyzes accounts receivable and historical bad debt levels, customer creditworthiness and current economic trends when evaluating the adequacy of the allowance for doubtful accounts. In addition, tenants in bankruptcy, if any, are analyzed and estimates are made in connection with the expected recovery of pre-petition and post-petition claims. The Company’s reported net income or loss is directly affected by management’s estimate of the collectability of accounts receivable. The Company records allowances for those balances that the Company deems to be uncollectible, including any amounts relating to straight-line rent receivables.
Prepaid expenses	Prepaid Expenses
	Prepaid expenses include expenses paid as of the balance sheet date that relate to future periods and will be expensed or reclassified to another account during the period to which the costs relate. Any amounts with no future economic benefit are charged to earnings when identified.
Deferred financing costs	Deferred Financing Costs
	Deferred financing costs are capitalized and amortized on a straight-line basis over the term of the related financing arrangement, which approximates the effective interest method. If a note payable is prepaid, any unamortized deferred financing costs related to the note payable would be expensed. Amortization of deferred financing costs was $3.2 million and $3.1 million for the years ended December 31, 2014 and 2013, respectively, and was included in interest expense in the consolidated statements of operations.
Concentration of credit risk	Concentration of Credit Risk
	As of December 31, 2014, the Company had cash on deposit, including restricted cash, at ten financial institutions, in three of which the Company had deposits in excess of federally insured levels totaling $58.7 million; however, the Company has not experienced any losses in such accounts. The Company limits significant cash deposits to accounts held by financial institutions with high credit standing; therefore, the Company believes it is not exposed to any significant credit risk on its cash deposits.
	As of December 31, 2014, no single tenant accounted for greater than 10% of the Company’s 2014 gross annualized rental revenues. The Company had certain geographic concentrations in its property holdings. In particular, as of December 31, 2014, 75 of the Company’s properties were located in California and 92 were located in Texas, which accounted for 12% and 10%, respectively, of the Company’s 2014 gross annualized rental revenues. In addition, the Company had tenants in the discount store and pharmacy industries, which comprised 15% and 13%, respectively, of the Company’s 2014 gross annualized rental revenues.
Offering and related costs	Offering and Related Costs
	CR IV Advisors funded all of the organization and offering costs on the Company’s behalf (excluding selling commissions and dealer manager fees) and was reimbursed for such costs up to 2.0% of aggregate gross proceeds from the Offering. As of December 31, 2014 and 2013, CR IV Advisors had paid organization and offering costs in excess of the 2.0% in connection with the Offering. These excess costs were not included in the financial statements of the Company because such costs were not a liability of the Company as they exceeded 2.0% of aggregate gross proceeds from the Offering. When recorded by the Company, organization costs are expensed as incurred and offering costs, which include items such as legal and accounting fees, marketing and personnel, promotional and printing costs are recorded as a reduction of capital in excess of par value, along with selling commissions and dealer manager fees in the period in which they become payable.
Due to affiliates	Due to Affiliates
	Certain affiliates of CR IV Advisors received fees, reimbursements and compensation in connection with services provided relating to the Offering and the acquisition, management, financing and leasing of the properties of the Company.
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities
	The Company accounts for its derivative instruments at fair value. Accounting for changes in the fair value of a derivative instrument depends on the intended use of the derivative instrument and the designation of the derivative instrument. The change in fair value of the effective portion of the derivative instrument that is designated as a hedge is recorded as other comprehensive income (loss). The changes in fair value for derivative instruments that are not designated as 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 requirement to redeem shares of its outstanding common stock is limited, among other things, to the net proceeds received by the Company from the sale of shares under the DRIP, net of shares redeemed to date. The Company records amounts that are redeemable under the share redemption program as redeemable common stock outside of permanent equity in its consolidated balance sheets. Changes in the amount of redeemable common stock from period to period are recorded as an adjustment to capital in excess of par value.
Interest	Interest
	Interest is charged to interest expense as it accrues. No interest costs were capitalized during the years ended December 31, 2014, 2013 or 2012.
Distributions payable and distribution policy	Distributions Payable and Distribution Policy
	In order to maintain its status as a REIT, the Company is required to, among other things, make distributions each taxable year equal to at least 90% of its taxable income (computed without regard to the dividends paid deduction and excluding net capital gains). To the extent that funds are available, the Company intends to pay regular distributions to stockholders. Distributions are paid to stockholders of record as of applicable record dates.
	The Board authorized a daily distribution, based on 365 days in the calendar year, of $0.001712523 per share (which equates to 6.25% on an annualized basis calculated at the current rate, assuming a $10.00 per share purchase price) for stockholders of record as of the close of business on each day of the period commencing on January 1, 2014 and ending on December 31, 2014. In addition, our board of directors authorized a daily distribution, based on 365 days in the calendar year, of $0.001712523 per share (which equates to 6.25% on an annualized basis calculated at the current rate, assuming a $10.00 per share purchase price) for stockholders of record as of the close of business on each day of the period commencing on January 1, 2015 and ending on June 30, 2015. As of December 31, 2014, the Company had distributions payable of $16.2 million.
Reportable segments	Reportable Segments
	The Company’s commercial real estate investments primarily consist of income-producing necessity retail properties that are single-tenant or multi-tenant “power centers”, which are leased to national and regional creditworthy tenants under long-term net leases, and are strategically located throughout the United States and U.S. protectorates. The commercial properties are geographically diversified throughout the United States and have similar economic characteristics. The Company evaluates operating performance on an overall portfolio level; therefore, the Company’s properties are one reportable segment.
Revenue recognition	Revenue Recognition
	Certain properties have leases where minimum rental payments increase during the term of the lease. The Company records rental income for the full term of each lease on a straight-line basis. When the Company acquires a property, the terms of existing leases are considered to commence as of the acquisition date for the purpose of this calculation. The Company defers the recognition of contingent rental income, such as percentage rents, until the specific target that triggers the contingent rental income is achieved. Expected reimbursements from tenants for recoverable real estate taxes and operating expenses are included in tenant reimbursement income in the period when such costs are incurred.
Earnings (loss) Per Share	Earnings (Loss) Per Share
	Earnings (loss) per share are calculated based on the weighted average number of common shares outstanding during each period presented. Diluted income (loss) per share considers the effect of any potentially dilutive share equivalents, of which the Company had none for each of the years ended December 31, 2014, 2013 or 2012.
Income taxes	Income Taxes
	The Company elected to be taxed, and currently qualifies, as a REIT for federal income tax purposes under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended, 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.
Recent accounting pronouncements	Recent Accounting Pronouncements
	In April 2014, the U.S. Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity (“ASU 2014-08”), which amends the reporting requirements for discontinued operations by updating the definition of a discontinued operation to be a component of an entity that represents a strategic shift that has (or will have) a major effect on an entity’s operations and financial results, resulting in fewer disposals that qualify for discontinued operations reporting; yet, the pronouncement also requires expanded disclosures for discontinued operations. The adoption of ASU 2014-08 did not have a material impact on the Company’s consolidated unaudited financial statements because the Company did not have any discontinued operations.
	In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (“ASU 2014-09”), which supersedes the revenue recognition requirements in Revenue Recognition (Topic 605), and requires an entity to recognize revenue in a way that depicts the transfer of promised goods or services to customers, including real estate sales, in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU 2014-09 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016, and is to be applied retrospectively, with early application not permitted. The Company does not believe ASU 2014-09, when effective, will have a material impact on the Company’s consolidated financial statements.
	In August 2014, the FASB issued ASU 2014-15, Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern (“ASU 2014-15”), which requires management to assess an entity’s ability to continue as a going concern, and to provide related footnote disclosures in certain circumstances. ASU 2014-15 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016, with early application permitted. The Company does not believe ASU 2014-15, when effective, will have a material impact on the Company’s consolidated financial statements because the Company currently does not have any conditions that give rise to substantial doubt about its ability to continue as a going concern.
	In February 2015, the FASB issued ASU No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis (“ASU 2015-02”), which eliminates the deferral of FAS 167 and makes changes to both the variable interest model and the voting model. These changes will require re-evaluation of certain entities for consolidation and will require the Company to revise its documentation regarding the consolidation or deconsolidation of such entities. ASU 2015-02 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2015, and is to be applied retrospectively, with early adoption permitted. The Company is currently evaluating the impact of the new standard on its consolidated financial statements.

Fair_Value_Measurements_Fair_V

Fair Value Measurements Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2014
Fair Value Disclosures [Abstract]
Schedule of fair value, assets and liabilities measured on recurring basis	In accordance with the fair value hierarchy described above, the following tables show the fair value of the Company’s financial liabilities that are required to be measured at fair value on a recurring basis as of December 31, 2014 and 2013 (in thousands):
		Balance as of			Quoted Prices in		Significant Other			Significant
		31-Dec-14			Active Markets for		Observable Inputs			Unobservable
					Identical Assets		(Level 2)			Inputs
					(Level 1)					(Level 3)
	Liabilities:
	Interest rate swaps	$	(4,057	)	$	—	$	(4,057	)	$	—
	Contingent consideration	(3,405		)	—		—			(3,405		)
	Total liabilities	$	(7,462	)	$	—	$	(4,057	)	$	(3,405	)
		Balance as of			Quoted Prices in		Significant Other			Significant
		December 31, 2013			Active  Markets for		Observable  Inputs			Unobservable
					Identical Assets		(Level 2)			Inputs
					(Level 1)					(Level 3)
	Liabilities:
	Interest rate swaps	$	(2,252	)	$	—	$	(2,252	)	$	—
	Contingent consideration	(784		)	—		—			(784		)
	Total liabilities	$	(3,036	)	$	—	$	(2,252	)	$	(784	)

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Investment in and valuation of real estate	Real estate assets, other than land, are depreciated or amortized on a straight-line basis. The estimated useful lives of the Company’s real estate assets by class are generally as follows:
	Buildings	40 years
	Tenant improvements	Lesser of useful life or lease term
	Intangible lease assets	Lease term

Real_Estate_Acquistions_Tables

Real Estate Acquistions (Tables)	12 Months Ended
	Dec. 31, 2014
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, 2014 (in thousands):
			December 31, 2014
	Land	$	437,206
	Building and improvements		1,152,148
	Acquired in-place leases		154,972
	Acquired above market leases		23,430
	Acquired below market leases		24,620
	Fair value adjustment of assumed notes payable		(765	)
	Total purchase price	$	1,791,611
	The following table summarizes the purchase price allocation (in thousands):
			December 31, 2013
	Land	$	390,781
	Building and improvements		1,103,390
	Acquired in-place leases		175,520
	Acquired above market leases		26,921
	Acquired below market leases		(31,802	)
	Total purchase price	$	1,664,810
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, 2013 and 2012 (in thousands):
		Year Ended December 31,
		2013			2012
	Pro forma basis (unaudited):
	Revenue	$	181,859		$	147,515
	Net income	$	44,490		$	(30,842	)

Intangible_Lease_Assets_Tables

Intangible Lease Assets (Tables)	12 Months Ended
	Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of finite-lived intangible assets	Intangible lease assets consisted of the following (in thousands, except weighted average life amounts):
				As of December 31,
				2014			2013
	In-place leases, net of accumulated amortization of $41,739 and
		$12,523, respectively (with a weighted average life remaining of 12.4 years
		and 13.4 years, respectively)		$	344,664		$	218,407
	Acquired above market leases, net of accumulated amortization of $6,346 and
		$1,975, respectively (with a weighted average life remaining of 10.5 years and
		11.4 years, respectively)		47,253			28,194
				$	391,917		$	246,601
Schedule of finite-lived intangible assets, future amortization expense	Estimated amortization expense related to the intangible lease assets as of December 31, 2014 for each of the five succeeding fiscal years is as follows (in thousands):
			Amortization
	Year Ending December 31,		In-Place Leases			Above Market Leases
	2015		$	37,291		$	5,835
	2016		$	34,768		$	5,568
	2017		$	33,022		$	5,305
	2018		$	30,945		$	4,471
	2019		$	28,069		$	3,556

Derivative_Instruments_and_Hed1

Derivative Instruments and Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of derivative instruments

The following table summarizes the terms of the Company’s executed swap agreements designated as hedging instruments as of December 31, 2014 and 2013 (in thousands):

Outstanding Notional

Fair Value of Liabilities

Balance Sheet

Amount as of

Interest

Effective

Maturity

December 31,

December 31,

Location

31-Dec-14

Rates (1)

Dates

Dates

2014

2013

Interest Rate Swaps

Deferred rental income and other liabilities

$

338,737

3.36% to 4.75%

6/24/2013 to 8/23/2013

6/24/2018 to 8/24/2020

$

(4,057

)

$

(2,252

)

-1

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

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

The following table summarizes the unrealized losses on the Company’s derivative instruments and hedging activities during the years ended December 31, 2014 and 2013 (in thousands). The Company did not own any derivative instruments during the year ended December 31, 2012.

Amount of Loss Recognized in Other

Comprehensive Loss

Year Ended December 31,

Derivatives in Cash Flow Hedging Relationships

2014

2013

Interest Rate Swaps (1)

$

(1,805

)

$

(2,252

)

-1

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

ineffective during the year ended December 31, 2014. No previously effective portions of the losses

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

reclassified into earnings during the year ended December 31, 2014.

Notes_Payable_And_Credit_Facil1

Notes Payable And Credit Facility Notes Payable And Credit Facility (Tables)	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Schedule of debt	As of December 31, 2014, the Company had $1.5 billion of debt outstanding, with a weighted average years to maturity of 5.0 years and weighted average interest rate of 3.1%. The following table summarizes the debt balances as of December 31, 2014 and 2013, and the debt activity for the year ended December 31, 2014 (in thousands):
					During the Year Ended December 31, 2014
		Balance as of December 31, 2013			Debt Issuances and Assumptions		Repayments			Other (1)	Balance as of December 31, 2014
	Fixed rate debt	$	396,946		$	169,278	$	(388	)	671	$	566,507
	Credit facility	300,000			600,000		—			—	900,000
	Total	$	696,946		$	769,278	$	(388	)	671	$	1,466,507
	-1	Represents fair value adjustment of an assumed mortgage note payable, net of amortization.
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, 2014 for each of the five succeeding fiscal years and the period thereafter (in thousands):
	Year Ending December 31,		Principal Repayments
	2015		$	408
	2016		425
	2017		600,451
	2018		324,211
	2019		499
	Thereafter		539,842
	Total		$	1,465,836

Acquired_Below_Market_Lease_In1

Acquired Below Market Lease Intangibles (Tables)	12 Months Ended
	Dec. 31, 2014
Intangible Liabilities Disclosure [Abstract]
Schedule of finite-lived intangible liabilities	Acquired below market lease intangibles consisted of the following (in thousands, except weighted average life amounts):
				As of December 31,
				2014		2013
	Acquired below market leases, net of accumulated amortization of $8,807
		and $2,237, respectively (with a weighted average life remaining of 9.2
		years and 11.6 years, respectively)		$	55,535	$	37,485
Schedule of finite-lived intangible assets, future amortization expense	Estimated amortization of the intangible lease liabilities as of December 31, 2014 for each of the five succeeding fiscal years is as follows (in thousands):
	Year Ending December 31,		Amortization of Below Market Leases
	2015		$	8,570
	2016		$	8,122
	2017		$	7,908
	2018		$	7,588
	2019		$	6,999

Supplemental_Cash_Flow_Disclos1

Supplemental Cash Flow Disclosures (Tables)	12 Months Ended
	Dec. 31, 2014
Supplemental Cash Flow Elements [Abstract]
Schedule of cash flow, supplemental disclosures	Supplemental cash flow disclosures for the years ended December 31, 2014, 2013 and 2012 are as follows (in thousands):
		Year Ended December 31,
		2014			2013			2012
	Supplemental Disclosures of Non-Cash Investing and Financing Activities:
	Distributions declared and unpaid	$	16,189		$	10,569		$	1,456
	Accrued other offering costs due to affiliates	$	—		$	4,937		$	1,661
	Accrued capital expenditures	$	7,721		$	1,760		$	2,815
	Common stock issued through distribution reinvestment plan	$	104,261		$	25,702		$	1,964
	Net unrealized loss on interest rate swaps	$	(1,805	)	$	(2,252	)	$	—
	Contingent consideration recorded upon property acquisitions	$	5,342		$	553		$	708
	Fair value of assumed bond obligations	$	25,979		$	—		$	591
	Supplemental Cash Flow Disclosures:
	Interest paid	$	31,159		$	17,474		$	783

RelatedParty_Transactions_and_1

Related-Party Transactions and Arrangements - (Tables)	12 Months Ended
	Dec. 31, 2014
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,
		2014		2013		2012
	Offering:
	Selling commissions (1)	$	55,921	$	122,082	$	20,107
	Selling commissions reallowed by CCC	$	55,921	$	122,082	$	20,107
	Dealer manager fees (1)	$	16,780	$	35,685	$	5,944
	Dealer manager fees reallowed by CCC	$	9,326	$	20,183	$	3,104
	Other organization and offering expenses	$	7,277	$	36,179	$	5,983
	-1	Selling commissions and dealer manager fees are reduced by amounts recouped in connection with cancellations of common stock during the year ended December 31, 2014. These amounts are included in redemptions and net cancellations of common stock in the accompanying consolidated statements of stockholders’ equity.
	The Company recorded fees and expense reimbursements as shown in the table below for services provided by CR IV Advisors or its affiliates related to the services described above during the periods indicated (in thousands):
		Year Ended December 31,
		2014		2013		2012
	Acquisition and Operations:
	Acquisition fees and expenses	$	38,483	$	35,109	$	10,342
	Advisory fees and expenses	$	24,152	$	10,549	$	812
	Operating expenses	$	3,383	$	2,905	$	138

Income_Taxes_Tables

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2014
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, 2014, 2013 and 2012:
		Year Ended December 31,
	Character of Distributions (Unaudited):	2014		2013		2012
	Ordinary dividends	47	%	60	%	72	%
	Nontaxable distributions	53	%	40	%	28	%
	Total	100	%	100	%	100	%

Operating_Leases_Operating_Lea

Operating Leases Operating Leases (Tables)	12 Months Ended
	Dec. 31, 2014
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, 2014, was as follows (in thousands):
	Year Ending December 31,	Future Minimum Rental Income
	2015	$	293,566
	2016	287,849
	2017	281,864
	2018	271,222
	2019	254,989
	Thereafter	2,040,528
		$	3,430,018

Quarterly_Results_Unaudited_Ta

Quarterly Results (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2014
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, 2014 and 2013 (in thousands, except for per share amounts). In the opinion of management, the information for the interim periods presented includes all adjustments which are of a normal and recurring nature, necessary to present a fair presentation of the results for each period.
		31-Dec-14
		First Quarter			Second Quarter			Third Quarter			Fourth Quarter
	Revenues	$	51,551		$	56,861		$	64,591		$	83,279
	Acquisition-related expenses	$	8,633		$	10,113		$	21,009		$	12,008
	Operating income	$	10,564		$	10,790		$	3,698		$	20,378
	Net income (loss)	$	2,946		$	3,190		$	(4,147	)	$	9,181
	Net income (loss) attributable to the Company	$	2,946		$	3,204		$	(4,156	)	$	9,196
	Basic and diluted net income (loss) per common share (1)	$	0.01		$	0.01		$	(0.01	)	$	0.03
	Distributions declared per common share	$	0.15		$	0.16		$	0.16		$	0.16
	(1) Based on the weighted average number of shares outstanding as of December 31, 2014.
		31-Dec-13
		First Quarter			Second Quarter			Third Quarter			Fourth Quarter
	Revenues	$	11,405		$	21,773		$	30,326		$	39,053
	Acquisition-related expenses	$	5,639		$	14,551		$	10,356		$	17,740
	Operating (loss) income	$	(1,055	)	$	(6,051	)	$	552		$	(4,142	)
	Net loss	$	(3,795	)	$	(11,669	)	$	(6,588	)	$	(10,828	)
	Net loss attributable to the Company	$	(3,795	)	$	(11,669	)	$	(6,588	)	$	(10,828	)
	Basic and diluted net loss per common share (1)	$	(0.04	)	$	(0.13	)	$	(0.07	)	$	(0.12	)
	Distributions declared per common share	$	0.15		$	0.16		$	0.16		$	0.16
	(1) Based on the weighted average number of shares outstanding as of December 31, 2013.

Organization_and_Business_Deta

Organization and Business (Details) (USD $)

12 Months Ended

3 Months Ended

23 Months Ended

24 Months Ended

0 Months Ended

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Mar. 25, 2015

Dec. 31, 2013

Apr. 04, 2014

Feb. 18, 2014

Nov. 25, 2013

Dec. 04, 2014

Mar. 30, 2015

Mar. 25, 2014

Dec. 19, 2013

Jan. 26, 2012

sqft

states

Property

Organization and business [Line Items]

Common stock, shares authorized (in shares)

490,000,000

490,000,000

490,000,000

490,000,000

Share price (in dollars per share)

$10

Issuance of common stock

$941,930,000

$1,807,820,000

$298,438,000

Common stock shares registered dividend reinvestment plan

26,000,000

Number of owned properties (in number of properties)

759

Net Rentable Area

20,200,000

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

45

Percentage of rentable space leased

99.00%

Subsequent event

Organization and business [Line Items]

Share price (in dollars per share)

$10

Issuance of common stock, shares (in shares)

11,700,000

Issuance of common stock

111,400,000

Primary offering

Organization and business [Line Items]

Common stock, shares subscribed but unissued

292,300,000

Distribution reinvestment plan

Organization and business [Line Items]

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

11,000,000

2,700,000

207,000

Common stock, shares subscribed but unissued

5,100,000

Common stock shares registered dividend reinvestment plan

26,000,000

CCPT IV OP

Organization and business [Line Items]

General partner partnership interest percentage

100.00%

Unconsolidated joint venture

Organization and business [Line Items]

Number of owned properties (in number of properties)

1

Net Rentable Area

176,000

IPO And Secondary Offering | Distribution reinvestment plan

Organization and business [Line Items]

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

8,800,000

IPO

Organization and business [Line Items]

Common stock, shares issued

2,975,000,000

Issuance of common stock, shares (in shares)

306,100,000

297,400,000

Issuance of common stock

3,000,000,000

Offering costs, selling commissions, and dealer management fees

306,000,000

Unsold shares deregistered

404,000

IPO | Distribution reinvestment plan

Organization and business [Line Items]

Common stock, shares authorized (in shares)

5,500,000

Share price (in dollars per share)

$9.50

IPO | Maximum

Organization and business [Line Items]

Common stock, shares authorized (in shares)

292,300,000

IPO | Maximum | Distribution reinvestment plan

Organization and business [Line Items]

Common stock, shares authorized value reallocated

23,000,000

400,000,000

RCAP Purchase Agreement | ARCP

Organization and business [Line Items]

Litigation amount settlement

$60,000,000

Fair_Value_Measurements_Detail

Fair Value Measurements (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration, liabilities increase (decrease) in fair value	$5,342,000	$553,000	$708,000
Fair value, measurements, recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swaps	-4,057,000	-2,252,000
Contingent consideration	-3,405,000	-784,000
Total liabilities	-7,462,000	-3,036,000
Quoted Prices in Active Markets for Identical Assets (Level 1) | Fair value, measurements, recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swaps	0	0
Contingent consideration	0	0
Total liabilities	0	0
Significant Other Observable Inputs (Level 2) | Fair value, measurements, recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swaps	-4,057,000	-2,252,000
Contingent consideration	0	0
Total liabilities	-4,057,000	-2,252,000
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value assets and liabilities, transfers amount	0	0
Significant Unobservable Inputs (Level 3) | Fair value, measurements, recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swaps	0	0
Contingent consideration	-3,405,000	-784,000
Total liabilities	-3,405,000	-784,000
Estimate of fair value | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Lines of credit, fair value disclosure	1,500,000,000	682,100,000
Estimate of fair value | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration, additional consideration expected to be received	5,300,000
Contingent consideration, liabilities increase (decrease) in fair value	-70,000
Business Combination, Contingent Consideration Assets And Liabilities, Purchase, Sale, Issuances and Transfers	-2,600,000
Contingent consideration	-3,400,000	-784,000
Carrying value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Lines of credit, fair value disclosure	$1,500,000,000	$696,900,000

Summary_of_Significant_Account3

Summary of Significant Accounting Policies - Narative (Details) (USD $)	12 Months Ended			3 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Mar. 30, 2015	Jun. 27, 2014
Valuation of real estate and related assets [Line Items]
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures, Real Estate Assets, Aggregate Book Value	$18,900,000
Equity attributable to noncontrolling interest					2,076,000
Restricted cash	4,560,000	8,193,000
Due from affiliates	470,000	0
Amortization of deferred financing costs	3,201,000	3,056,000	524,000
Dividend, common stock and preferred stock, number of days in the calendar year for the daily distribution	365 days
Common stock and preferred stock, dividends, daily amount per share authorized (in dollars per share)	$0.00
Dividends, yield	6.25%
Share price (in dollars per share)	$10
Distributions payable	16,189,000	10,569,000	1,456,000
Advisors
Valuation of real estate and related assets [Line Items]
Due from affiliates	470,000	0
Advisors | Other organization and offering expenses | Maximum
Valuation of real estate and related assets [Line Items]
Organization and offering expense	2.00%
Restricted cash, investor proceeds for which shares of common stock had not been issued
Valuation of real estate and related assets [Line Items]
Restricted cash		5,100,000
Restricted cash, rents from certain encumbered properties
Valuation of real estate and related assets [Line Items]
Restricted cash	2,700,000	2,600,000
Restricted cash, tenant and capital improvements, leasing commissions, repairs and maintenance and other lender reserves for certain properties
Valuation of real estate and related assets [Line Items]
Restricted cash	$1,900,000	$513,000
Building
Valuation of real estate and related assets [Line Items]
Acquired real estate asset, useful life	40 years
Subsequent event
Valuation of real estate and related assets [Line Items]
Dividend, common stock and preferred stock, number of days in the calendar year for the daily distribution				365 days
Common stock and preferred stock, dividends, daily amount per share authorized (in dollars per share)				$0.00
Dividends, yield				6.25%
Share price (in dollars per share)				$10

Summary_of_Significant_Account4

Summary of Significant Accounting Policies - Concentration of credit risk (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014
	Property
	financial_institutions
Concentration Risk [Line Items]
Cash on deposit, number of financial institutions	10
Cash on deposit, number of financial institutions which had deposits in excess of current federally insured limits	3
Concentration risk, credit risk, financial instrument, maximum exposure	$58.70
Number of owned properties (in number of properties)	759
Texas
Concentration Risk [Line Items]
Number of owned properties (in number of properties)	92
California
Concentration Risk [Line Items]
Number of owned properties (in number of properties)	75
Gross annualized rental revenue | Credit concentration risk | Texas
Concentration Risk [Line Items]
Concentration risk, percentage	10.00%
Gross annualized rental revenue | Credit concentration risk | California
Concentration Risk [Line Items]
Concentration risk, percentage	12.00%
Gross annualized rental revenue | Customer concentration risk
Concentration Risk [Line Items]
Concentration risk, percentage	10.00%
Gross annualized rental revenue | Customer concentration risk | Drugstore industry
Concentration Risk [Line Items]
Concentration risk, percentage	15.00%
Gross annualized rental revenue | Customer concentration risk | Discount store industry
Concentration Risk [Line Items]
Concentration risk, percentage	13.00%

Real_Estate_Acquisitions_Detai

Real Estate Acquisitions (Details) (USD $)	3 Months Ended								12 Months Ended			0 Months Ended	9 Months Ended
	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2014	Sep. 30, 2014
	sqft								land_parcel				property
									sqft
Pro forma basis (unaudited)
Acquisition-related expenses	$12,008,000	$21,009,000	$10,113,000	$8,633,000	$17,740,000	$10,356,000	$14,551,000	$5,639,000	$51,763,000	$48,286,000	$14,371,000
Net Rentable Area	20,200,000								20,200,000			20,200,000
Number of Land Parcels Disposed									1
Proceeds from sale of real estate									1,758,000	0	0
Property Escrow Deposits Due to Affiliates									70,254,000	0	0
2014 acquisitions
Business Acquisition [Line Items]
Number of businesses acquired (in properties)									422
Aggregate purchase price									1,791,600,000
Business Acquisition, Purchase Price Allocation [Abstract]
Land	437,206,000								437,206,000			437,206,000
Building and improvements	1,152,148,000								1,152,148,000			1,152,148,000
Fair value adjustment of assumed notes payable	-765,000								-765,000			-765,000
Total purchase price	1,791,611,000								1,791,611,000			1,791,611,000
Pro forma basis (unaudited)
Revenue									332,860,000	245,969,000
Net income (loss)									131,001,000	-53,805,000
Revenue of acquiree since acquisition date									61,200,000
Loss of acquiree since acquisition date									-25,700,000
Acquisition-related expenses									51,800,000
2014 acquisitions | Acquired in-place leases
Business Acquisition, Purchase Price Allocation [Abstract]
Acquired in-place and above market leases	154,972,000								154,972,000			154,972,000
2014 acquisitions | Acquired above market leases
Business Acquisition, Purchase Price Allocation [Abstract]
Acquired in-place and above market leases	23,430,000								23,430,000			23,430,000
2014 acquisitions | Acquired below market leases
Business Acquisition, Purchase Price Allocation [Abstract]
Acquired below market leases	-24,620,000								-24,620,000			-24,620,000
2014 Development Project
Business Acquisition [Line Items]
Aggregate purchase price									23,900,000
Pro forma basis (unaudited)
Number of Land Parcels	1								1			1
Net Rentable Area	1,600,000								1,600,000			1,600,000
Total investment in development project	36,700,000								36,700,000			36,700,000
Commitment to invest in development project												66,700,000
Property Acquisition
Pro forma basis (unaudited)
Business Combination, Initial Agreement, Number of Businesses Acquired													2
Property Escrow Deposits Due to Affiliates													70,300,000
2013 acquisitions
Business Acquisition [Line Items]
Number of businesses acquired (in properties)										248
Aggregate purchase price										1,664,800,000
Business Acquisition, Purchase Price Allocation [Abstract]
Land					390,781,000					390,781,000
Building and improvements					1,103,390,000					1,103,390,000
Total purchase price					1,664,810,000					1,664,810,000
Pro forma basis (unaudited)
Revenue										181,859,000	147,515,000
Net income (loss)										44,490,000	-30,842,000
Revenue of acquiree since acquisition date										60,400,000
Loss of acquiree since acquisition date										25,700,000
Acquisition-related expenses										48,300,000
2013 acquisitions | Acquired in-place leases
Business Acquisition, Purchase Price Allocation [Abstract]
Acquired in-place and above market leases					175,520,000					175,520,000
2013 acquisitions | Acquired above market leases
Business Acquisition, Purchase Price Allocation [Abstract]
Acquired in-place and above market leases					26,921,000					26,921,000
2013 acquisitions | Acquired below market leases
Business Acquisition, Purchase Price Allocation [Abstract]
Acquired below market leases					-31,802,000					-31,802,000
Land
Pro forma basis (unaudited)
Land Sales	1,900,000								1,900,000			1,900,000
Proceeds from sale of real estate									1,800,000
Loss on sale of properties, before tax									$157,000

Intangible_Lease_Assets_Detail

Intangible Lease Assets (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Finite-Lived Intangible Assets, Net [Abstract]
Intangible lease assets, less accumulated amortization of $48,085 and $14,498, respectively	$391,917	$246,601
Accumulated amortization of intangible lease assets	48,085	14,498
In-place leases
Finite-Lived Intangible Assets, Net [Abstract]
Intangible lease assets, less accumulated amortization of $48,085 and $14,498, respectively	344,664	218,407
Accumulated amortization of intangible lease assets	41,739	12,523
Finitel-lived intangible asset, useful life	12 years 8 months 12 days	13 years 4 months 24 days
Amortization of intangible assets	29,600	11,700	871
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2015	37,291
2016	34,768
2017	33,022
2018	30,945
2019	28,069
Above market leases
Finite-Lived Intangible Assets, Net [Abstract]
Intangible lease assets, less accumulated amortization of $48,085 and $14,498, respectively	47,253	28,194
Accumulated amortization of intangible lease assets	6,346	1,975
Finitel-lived intangible asset, useful life	10 years 6 months	11 years 4 months 24 days
Amortization of intangible assets	4,400	1,900	36
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2015	5,835
2016	5,568
2017	5,305
2018	4,471
2019	$3,556

Derivative_Instrument_Details

Derivative Instrument (Details) (Cash flow hedging, Interest Rate Swaps, USD $)	12 Months Ended
	Dec. 31, 2014		Dec. 31, 2013
Derivatives, Fair Value [Line Items]
Amount of Loss Recognized in Other Comprehensive Loss	($1,805,000)	[1]	($2,252,000)	[1]
Derivative liability, event of default, termination amount	4,600,000
Deferred rental income and other liabilities
Derivatives, Fair Value [Line Items]
Outstanding Notional Amount	338,737,000
Interest Rate	1.71%
Fair Value of Liabilities	($4,057,000)		($2,252,000)
Deferred rental income and other liabilities | Minimum
Derivatives, Fair Value [Line Items]
Interest Rate	3.36%	[2]
Effective Date	24-Jun-13
Maturity Date	24-Jun-18
Deferred rental income and other liabilities | Maximum
Derivatives, Fair Value [Line Items]
Interest Rate	4.75%	[2]
Effective Date	23-Aug-13
Maturity Date	24-Aug-20
[1]	(1)There were no portions of the change in the fair value of the interest rate swap agreements that were considered ineffective during the year ended December 31, 2014. No previously effective portions of the losses that were recorded in accumulated other comprehensive loss during the term of the hedging relationships were reclassified into earnings during the year ended December 31, 2014.
[2]	(1)The interest rates consist of the underlying index swapped to a fixed rate and the applicable interest rate spread.

Notes_Payable_And_Credit_Facil2

Notes Payable And Credit Facility Notes Payable And Credit Facility (Details) (USD $)	12 Months Ended
	Dec. 31, 2014		Dec. 31, 2013	Dec. 31, 2012
Debt [Roll Forward]
Notes payable and credit facility, beginning balance	$696,946,000
Debt issuances and assumptions	769,278,000
Repayments	-388,000
Notes payable and credit facility, ending balance	1,466,507,000		696,946,000
Debt instrument, weighted average years to maturity	5 years
Debt, weighted average interest rate	3.10%
Fair value at the date of assumption	25,979,000		0	591,000
Long-term Debt, Fiscal Year Maturity [Abstract]
2015	408,000
2016	425,000
2017	600,451,000
2018	324,211,000
2019	499,000
Thereafter	539,842,000
Total	1,465,836,000
Mortgage notes payable
Debt [Roll Forward]
Debt security, amount, aggregate gross real estate assets net of gross intangible lease liabilities	944,600,000
Mortgage notes payable | Fixed rate debt
Debt [Roll Forward]
Notes payable and credit facility, ending balance	25,200,000
Mortgage notes payable | Fixed rate debt | Minimum
Debt [Roll Forward]
Line of credit fixed interest rate	3.35%
Mortgage notes payable | Fixed rate debt | Maximum
Debt [Roll Forward]
Line of credit fixed interest rate	4.98%
Mortgage notes payable | Fixed rate debt, variable rate debt fixed through the use of interest rate swaps
Debt [Roll Forward]
Notes payable and credit facility, ending balance	38,700,000
Notes payable | Fixed rate debt
Debt [Roll Forward]
Notes payable and credit facility, beginning balance	396,946,000
Debt issuances and assumptions	169,278,000
Repayments	-388,000
Other	671,000	[1]
Notes payable and credit facility, ending balance	566,507,000
Line of credit | JPMorgan Chase, Revolving credit facility | Revolving credit facility
Debt [Roll Forward]
Notes payable and credit facility, beginning balance	300,000,000
Debt issuances and assumptions	600,000,000
Repayments	0
Other	0	[1]
Notes payable and credit facility, ending balance	900,000,000
Debt, weighted average interest rate	1.97%
Line of credit, maximum borrowing capacity	1,600,000,000
Line of credit facility, covenant, minimum consolidated net worth	2,000,000,000
Line of credit | JPMorgan Chase, Revolving credit facility | Revolving credit facility | Maximum
Debt [Roll Forward]
Debt instrument, covenant, fixed charge coverage ratio	1.5
Line of credit facility, covenant, unsecured debt service coverage ratio	1.75
Line of credit | JPMorgan Chase, Revolving credit facility | Revolving credit facility | From and after August 15, 2014 | Minimum
Debt [Roll Forward]
Line of credit facility, covenant, leverage ratio	60.00%
Debt instrument, covenant, unsecured debt to unencumbered asset value ratio	50.00%
Line of credit | JPMorgan Chase, Revolving credit facility | Revolving credit facility | From and after August 15, 2014, but prior to August 15, 2016 | Minimum
Debt [Roll Forward]
Line of credit facility, covenant, secured debt ratio	30.00%
Line of credit | Eurodollar rate loan | Revolving credit facility | Leverage Ratio Not to Exceed Sixty-Five Percent or Sixty Percent on or Subsequent to August Fifteenth, 2018 | Minimum | London Interbank Offered Rate (LIBOR)
Debt [Roll Forward]
Derivative, basis spread on variable rate	1.65%
Line of credit | Eurodollar rate loan | Revolving credit facility | Leverage Ratio Not to Exceed Sixty-Five Percent or Sixty Percent on or Subsequent to August Fifteenth, 2018 | Maximum | London Interbank Offered Rate (LIBOR)
Debt [Roll Forward]
Derivative, basis spread on variable rate	2.50%
Line of credit | Base rate committed loans | Revolving credit facility | Leverage Ratio Not to Exceed Sixty-Five Percent or Sixty Percent on or Subsequent to August Fifteenth, 2018 | Minimum | Base Rate
Debt [Roll Forward]
Derivative, basis spread on variable rate	0.65%
Line of credit | Base rate committed loans | Revolving credit facility | Leverage Ratio Not to Exceed Sixty-Five Percent or Sixty Percent on or Subsequent to August Fifteenth, 2018 | Maximum | Base Rate
Debt [Roll Forward]
Derivative, basis spread on variable rate	1.50%
Line of credit | Floating rate loan | Revolving credit facility | Federal funds rate plus
Debt [Roll Forward]
Debt instrument, basis spread on variable rate	0.50%
Line of credit | Floating rate loan | Revolving credit facility | One-Month LIBOR
Debt [Roll Forward]
Debt instrument, basis spread on variable rate	1.00%
Unsecured debt | JPMorgan Chase, Revolving credit facility | Term loan
Debt [Roll Forward]
Debt, weighted average interest rate	3.36%
Line of credit, current borrowing capacity	300,000,000
Unsecured debt | JPMorgan Chase, Revolving credit facility | Revolving loans
Debt [Roll Forward]
Line of credit, maximum borrowing capacity	$600,000,000
Cash flow hedging | Deferred rental income and other liabilities | Interest Rate Swaps
Debt [Roll Forward]
Interest Rate	1.71%
Cash flow hedging | Deferred rental income and other liabilities | Interest Rate Swaps | Minimum
Debt [Roll Forward]
Interest Rate	3.36%	[2]
Cash flow hedging | Deferred rental income and other liabilities | Interest Rate Swaps | Maximum
Debt [Roll Forward]
Interest Rate	4.75%	[2]
[1]	Represents fair value adjustment of an assumed mortgage note payable, net of amortization.
[2]	(1)The interest rates consist of the underlying index swapped to a fixed rate and the applicable interest rate spread.

Acquired_Below_Market_Lease_In2

Acquired Below Market Lease Intangibles (Details) (Acquired below market leases, USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Acquired below market leases
Finite-Lived Intangible Liabilities, Net [Abstract]
Acquired below-market leases, net of accumulated amortization	$55,535,000	$37,485,000
Amortization of intangible liabilities	6,600,000	2,100,000
Accumulated amortization	8,807,000	2,237,000
Useful life	9 years 2 months 12 days	11 years 7 months 6 days
Finite-Lived Intangible Liabilities, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2015	8,570,000
2016	8,122,000
2017	7,908,000
2018	7,588,000
2019	$6,999,000

Supplemental_Cash_Flow_Disclos2

Supplemental Cash Flow Disclosures (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Supplemental Cash Flow Elements [Abstract]
Distributions declared and unpaid	$16,189	$10,569	$1,456
Accrued other offering costs due to affiliates	0	4,937	1,661
Accrued capital expenditures	7,721	1,760	2,815
Common stock issued through distribution reinvestment plan	104,261	25,702	1,964
Net unrealized loss on interest rate swaps	-1,805	-2,252	0
Contingent consideration recorded upon property acquisitions	5,342	553	708
Fair value of assumed bond obligations	25,979	0	591
Supplemental Cash Flow Disclosures:
Interest paid	$31,159	$17,474	$783

Commitments_and_Contingencies_

Commitments and Contingencies (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014
	Property
Capital addition purchase commitments
Unrecorded Unconditional Purchase Obligation [Line Items]
Ownership interest acquired	100.00%
Number of businesses acquired (in properties)	36
Aggregate purchase price	$86.40
Escrow deposit, property acquisition	4.8
Escrow deposit, potential forfeiture amount	4.8
Purchase agreement for twenty-five properties
Unrecorded Unconditional Purchase Obligation [Line Items]
Number of businesses acquired (in properties)	22
Number of remaining properties committed to purchase	3
Number of additional purchase agreements	1
Number of properties committed to purchase	25
Long-term purchase committment, contract non-purchase, amount	$10

RelatedParty_Transactions_and_2

Related-Party Transactions and Arrangements (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Related Party Transaction [Line Items]
Due to affiliates	$5,473,000	$7,512,000
Advisors
Related Party Transaction [Line Items]
Cumulative noncompounded annual return	8.00%
Advisors | Listing commission
Related Party Transaction [Line Items]
Commissions performance and other fees percent	15.00%
Advisors | Minimum
Related Party Transaction [Line Items]
Operating expense reimbursement percent	2.00%
Operating expense reimbursement percent of net income	25.00%
Offering Costs [Member] | Advisors
Related Party Transaction [Line Items]
Due to affiliates	0	4,900,000	1,700,000
Selling commissions (1) | Dealer manager commission | Maximum
Related Party Transaction [Line Items]
Commissions percentage on stock sales and related dealer manager fees	7.00%
Selling commissions (1) | Advisors
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party	55,921,000	122,082,000	20,107,000
Selling commissions reallowed by CCC | Dealer manager commission reallowed
Related Party Transaction [Line Items]
Commissions percentage on stock sales and related dealer manager fees	100.00%
Selling commissions reallowed by CCC | Advisors
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party	55,921,000	122,082,000	20,107,000
Dealer manager fees (1) | Dealer manager
Related Party Transaction [Line Items]
Commissions percentage on stock sales and related dealer manager fees	2.00%
Dealer manager fees (1) | Advisors
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party	16,780,000	35,685,000	5,944,000
Dealer manager fees reallowed by CCC | Advisors
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party	9,326,000	20,183,000	3,104,000
Other organization and offering expenses | Advisors
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party	7,277,000	36,179,000	5,983,000
Other organization and offering expenses | Advisors | Maximum
Related Party Transaction [Line Items]
Organization and offering expense	2.00%
Acquisitions and Operations Costs | Advisors
Related Party Transaction [Line Items]
Due to affiliates	5,500,000	2,600,000	268,000
Acquisition fees and expenses | Advisors
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party	38,483,000	35,109,000	10,342,000
Acquisition fees and expenses | Advisors | Maximum
Related Party Transaction [Line Items]
Acquisition and advisory fee	6.00%
Acquisition fees and expenses | Advisors | Maximum | Contract purchase price of each asset
Related Party Transaction [Line Items]
Acquisition and advisory fee	2.00%
Advisory fees and expenses | Advisors
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party	24,152,000	10,549,000	812,000
Operating expenses | Advisors
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party	3,383,000	2,905,000	138,000
Property sales commission | Advisors | Contract sale price of each property
Related Party Transaction [Line Items]
Commissions performance and other fees percent	1.00%
Property portfolio | Advisors | Maximum
Related Party Transaction [Line Items]
Commissions performance and other fees percent	6.00%
Performance fee | Advisors
Related Party Transaction [Line Items]
Commissions performance and other fees percent	15.00%
Average invested assets between $0 to $2 billion | Advisors
Related Party Transaction [Line Items]
Asset management or advisory fees percent	0.75%
Average invested assets between $0 to $2 billion | Advisors | Maximum
Related Party Transaction [Line Items]
Average invested assets	2,000,000,000
Average invested assets between $0 to $2 billion | Advisors | Minimum
Related Party Transaction [Line Items]
Average invested assets	0
Average invested assets between $2 billion to $4 billion | Advisors
Related Party Transaction [Line Items]
Asset management or advisory fees percent	0.70%
Average invested assets between $2 billion to $4 billion | Advisors | Maximum
Related Party Transaction [Line Items]
Average invested assets	4,000,000,000
Average invested assets between $2 billion to $4 billion | Advisors | Minimum
Related Party Transaction [Line Items]
Average invested assets	2,000,000,000
Average invested assets over $4 billion | Advisors
Related Party Transaction [Line Items]
Asset management or advisory fees percent	0.65%
Average invested assets over $4 billion | Advisors | Minimum
Related Party Transaction [Line Items]
Average invested assets	$4,000,000,000

Stockholders_Equity_Details

Stockholders' Equity (Details) (USD $)	12 Months Ended			3 Months Ended	0 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Aug. 11, 2010	Dec. 19, 2013
Equity, Class of Treasury Stock [Line Items]
Common stock shares registered dividend reinvestment plan	26,000,000
Common stock, shares authorized (in shares)	490,000,000	490,000,000	490,000,000	490,000,000
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000	10,000,000	10,000,000
Common stock, var value (in dollars per share)	$0.01	$0.01		0.01
Preferred stock, par value (in dollars per share)	$0.01	$0.01		0.01
Share price (in dollars per share)	$10
Common stock issued through distribution reinvestment plan	$104,261	$25,702	$1,964
Redemptions of common stock	-10,849	-1,182
Stock repurchase program, required holding period	1 year
Stock redemption program, redemption price per share, percentage of amount paid per share, after one year	95.00%
Stock redemption program, plan redemption price per share, percentage of amount paid per share, after two year	97.50%
Stock redemption program, plan redemption price per share, percentage of amount paid per share, after three year	100.00%
Stock repurchase program, termination notice period	30 days
Stock repurchased and retired during period, shares	1,100,000	123,000
Distribution reinvestment plan
Equity, Class of Treasury Stock [Line Items]
Common stock shares registered dividend reinvestment plan						26,000,000
Dividend reinvestment plan, reinvestment share price	$9.50
Dividend reinvestment plan, termination notice period	10 days
Shares issued pursuant to a distribution reinvestment plan (in shares)	11,000,000	2,700,000	207,000
Common stock issued through distribution reinvestment plan	104,300	25,700	2,000
Redemptions of common stock	-10,600	-1,200
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	5.00%			1.25%
Stock redemption program, redemption priority, shares	250
Common Stock
Equity, Class of Treasury Stock [Line Items]
Issuance of common stock, shares (in shares)	95,036,480	181,205,760	29,923,549		20,000
Share price (in dollars per share)					$10
Redemptions of common stock	($11)

Income_Taxes_Details

Income Taxes (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Income Tax Disclosure [Abstract]
Ordinary dividends	47.00%	60.00%	72.00%
Nontaxable distributions	53.00%	40.00%	28.00%
Total	100.00%	100.00%	100.00%
Property, plant and equipment, land and real estate assets, net tax basis	$3,900,000,000
State and local income tax and franchise tax expense (benefit), continuing operations	$1,300,000	$473,000	$113,000

Operating_Leases_Operating_Lea1

Operating Leases Operating Leases (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014
Leases [Abstract]
Operating leases of lessor, weighted average remaining lease term	11 years 7 months 6 days
2015	$293,566
2016	287,849
2017	281,864
2018	271,222
2019	254,989
Thereafter	2,040,528
Total future minimum rental income	$3,430,018

Quarterly_Results_Unaudited_De

Quarterly Results (Unaudited) (Details) (USD $)	3 Months Ended																12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014		Sep. 30, 2014		Jun. 30, 2014		Mar. 31, 2014		Dec. 31, 2013		Sep. 30, 2013		Jun. 30, 2013		Mar. 31, 2013		Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]
Revenues	$83,279		$64,591		$56,861		$51,551		$39,053		$30,326		$21,773		$11,405		$256,282	$102,557	$7,837
Acquisition-related expenses	12,008		21,009		10,113		8,633		17,740		10,356		14,551		5,639		51,763	48,286	14,371
Operating income	20,378		3,698		10,790		10,564		-4,142		552		-6,051		-1,055		45,430	-10,696	-12,016
Net income (loss)	9,181		-4,147		3,190		2,946		-10,828		-6,588		-11,669		-3,795		11,170	-32,880	-13,744
Net income (loss) attributable to the Company	$9,196		($4,156)		$3,204		$2,946		($10,828)		($6,588)		($11,669)		($3,795)		$11,190	($32,880)	($13,744)
Basic and diluted net loss per common share (in dollars per share)	$0.03	[1]	($0.01)	[1]	$0.01	[1]	$0.01	[1]	($0.12)	[2]	($0.07)	[2]	($0.13)	[2]	($0.04)	[2]	$0.04	($0.36)	($1.60)
Distributions declared per common share (in dollars per share)	$0.16		$0.16		$0.16		$0.15		$0.16		$0.16		$0.16		$0.15
[1]	Based on the weighted average number of shares outstanding as of December 31, 2014.
[2]	Based on the weighted average number of shares outstanding as of December 31, 2013.

Subsequent_Events_Details

Subsequent Events - (Details) (USD $)	3 Months Ended								12 Months Ended			3 Months Ended
	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Mar. 25, 2015
												Property
Subsequent Event
Issuance of common stock									$941,930,000	$1,807,820,000	$298,438,000
Redemptions of common stock									10,849,000	1,182,000
Notes payable and credit facility	1,466,507,000				696,946,000				1,466,507,000	696,946,000
Debt, weighted average interest rate	3.10%								3.10%
Acquisition-related expenses	12,008,000	21,009,000	10,113,000	8,633,000	17,740,000	10,356,000	14,551,000	5,639,000	51,763,000	48,286,000	14,371,000
Line of credit | JPMorgan Chase, Revolving credit facility | Revolving credit facility
Subsequent Event
Line of credit, maximum borrowing capacity	1,600,000,000								1,600,000,000
Notes payable and credit facility	900,000,000				300,000,000				900,000,000	300,000,000
Debt, weighted average interest rate	1.97%								1.97%
Unsecured debt | JPMorgan Chase, Revolving credit facility | Term loan
Subsequent Event
Debt, weighted average interest rate	3.36%								3.36%
Unsecured debt | JPMorgan Chase, Revolving credit facility | Revolving loans
Subsequent Event
Line of credit, maximum borrowing capacity	600,000,000								600,000,000
Subsequent event
Subsequent Event
Issuance of common stock, shares (in shares)												11,700,000
Issuance of common stock												111,400,000
Redemptions of common stock, shares												834,000
Redemptions of common stock												8,000,000
Common stock average redemption price per share												$9.64
Number of businesses acquired (in properties)												52
Aggregate purchase price												169,900,000
Acquisition-related expenses												3,400,000
Subsequent event | Line of credit | JPMorgan Chase, Revolving credit facility | Revolving credit facility
Subsequent Event
Line of credit, maximum borrowing capacity												1,030,000,000
Notes payable and credit facility												949,700,000
Subsequent event | Unsecured debt | JPMorgan Chase, Revolving credit facility | Term loan
Subsequent Event
Line of credit, maximum borrowing capacity												386,700,000
Subsequent event | Unsecured debt | JPMorgan Chase, Revolving credit facility | Revolving loans
Subsequent Event
Line of credit, maximum borrowing capacity												643,300,000
Subsequent event | Notes payable
Subsequent Event
Debt Instrument, Face Amount												$53,500,000
Debt, weighted average interest rate												2.84%

Schedule_III_Real_Estate_Asset1

Schedule III - Real Estate Assets and Accumulated Depreciated (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
	Property
	office_industrial_property
	medical_office_property
Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
Balance, beginning of period	$1,960,708,000	$464,539,000
Additions
Acquisitions	1,613,201,000	1,494,171,000
Improvements	18,967,000	1,998,000
Total additions	1,632,168,000	1,496,169,000
Deductions
Cost of real estate sold	1,937,000	0
Adjustment to basis	0	0
Other (including provisions for impairment of real estate assets)	0	0
Total deductions	1,937,000	0
Balance, end of period	3,590,939,000	1,960,708,000	464,539,000
Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Balance, beginning of period	78,186,000	23,377,000	1,743,000
Additions
Acquisitions - Depreciation Expense for Building, Acquisitions Costs & Tenant Improvements Acquired		54,656,000	21,624,000
Improvements - Depreciation Expense for Tenant Improvements and Building Equipment		153,000	10,000
Total additions		54,809,000	21,634,000
Deductions
Cost of real estate sold		0	0
Other (including provisions for impairment of real estate assets)		0	0
Total deductions		0	0
Balance, end of period	78,186,000	78,186,000	23,377,000
Number of single-tenant freestanding retail properties, owned	672
Number of multi-tenant retail properties, owned	77
Number of office/industrial properties owned	7
Number of medical offices owned	3
Property, plant and equipment, land and real estate assets, net tax basis	3,900,000,000
Notes payable and credit facility	1,466,507,000	696,946,000
Building
Deductions
Acquired real estate asset, useful life	40 years
Line of credit | Revolving credit facility | JPMorgan Chase, Revolving credit facility
Deductions
Notes payable and credit facility	$900,000,000	$300,000,000

Schedule_III_Real_Estate_Asset2

Schedule III - Real Estate Assets and Accumulated Depreciated Schedule III - Real Estate Assets and Accumulated Deprecation - 1 (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$565,836
Land	974,920
Buildings and Improvements	2,596,981
Total Adjustment to Basis	19,038
Gross Amount at Which Carried At December 31, 2014	3,590,939	1,960,708	464,539
Accumulated Depreciation	78,186	78,186	23,377	1,743
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, 2014	12,583
Accumulated Depreciation	73
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, 2014	8,968
Accumulated Depreciation	254
Aaron 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, 2014	1,108
Accumulated Depreciation	37
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, 2014	8,414
Accumulated Depreciation	97
Academy Sports: | Cookeville, TN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances
Land	0
Buildings and Improvements	23,847
Total Adjustment to Basis	12,841
Gross Amount at Which Carried At December 31, 2014	36,688
Accumulated Depreciation	0
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, 2014	9,953
Accumulated Depreciation	131
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, 2014	9,398
Accumulated Depreciation	122
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, 2014	7,472
Accumulated Depreciation	111
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, 2014	8,404
Accumulated Depreciation	286
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, 2014	1,409
Accumulated Depreciation	73
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, 2014	1,475
Accumulated Depreciation	37
Advance Auto: | Decatur, AL
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, 2014	1,659
Accumulated Depreciation	30
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, 2014	1,562
Accumulated Depreciation	58
Advance Auto: | Mt. Pleasant, IA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	122
Buildings and Improvements	1,069
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,191
Accumulated Depreciation	23
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, 2014	1,502
Accumulated Depreciation	88
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, 2014	1,164
Accumulated Depreciation	30
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, 2014	1,203
Accumulated Depreciation	55
Albany Square: | Albany, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	1,606
Buildings and Improvements	7,113
Total Adjustment to Basis	300
Gross Amount at Which Carried At December 31, 2014	9,019
Accumulated Depreciation	208
Almeda Crossing: | Houston, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	4,738
Buildings and Improvements	26,245
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	30,983
Accumulated Depreciation	270
Amazon: | Lebanon, TN
Real Estate and Accumulated Depreciation [Line Items]
Land	1,934
Buildings and Improvements	56,286
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	58,220
Accumulated Depreciation	313
Applebee's: | Greenville, SC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	672
Buildings and Improvements	1,737
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,409
Accumulated Depreciation	24
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, 2014	3,847
Accumulated Depreciation	52
Applebee's: | Savannah, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	818
Buildings and Improvements	1,686
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,504
Accumulated Depreciation	28
Auto Zone: | Philipburg, PA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	815
Buildings and Improvements	0
Total Adjustment to Basis	112
Gross Amount at Which Carried At December 31, 2014	927
Accumulated Depreciation	0
Auto Zone: | Sheffield, OH
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, 2014	1,456
Accumulated Depreciation	85
Bass Pro Shop: | 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, 2014	6,658
Accumulated Depreciation	222
Beavercreek Shopping Center: | Beavercreek, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	5,504
Buildings and Improvements	25,178
Total Adjustment to Basis	485
Gross Amount at Which Carried At December 31, 2014	31,167
Accumulated Depreciation	848
Bed Bath & Beyond/Golf Smith: | Schaumburg, IL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	4,786
Buildings and Improvements	6,149
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	10,935
Accumulated Depreciation	380
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, 2014	4,444
Accumulated Depreciation	181
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, 2014	4,195
Accumulated Depreciation	127
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, 2014	3,733
Accumulated Depreciation	173
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, 2014	2,119
Accumulated Depreciation	62
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, 2014	2,990
Accumulated Depreciation	157
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, 2014	2,451
Accumulated Depreciation	114
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, 2014	8,661
Accumulated Depreciation	23
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, 2014	5,750
Accumulated Depreciation	16
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, 2014	6,296
Accumulated Depreciation	19
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, 2014	4,596
Accumulated Depreciation	55
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, 2014	4,409
Accumulated Depreciation	53
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, 2014	4,522
Accumulated Depreciation	57
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, 2014	3,869
Accumulated Depreciation	53
Bojangles: | Pelham, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	219
Buildings and Improvements	1,216
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,435
Accumulated Depreciation	18
Boston Commons: | Springfield, MA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	3,101
Buildings and Improvements	7,042
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	10,143
Accumulated Depreciation	83
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, 2014	3,504
Accumulated Depreciation	87
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, 2014	3,329
Accumulated Depreciation	70
Bryan Crossing: | Kodak, TN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	863
Buildings and Improvements	6,523
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	7,386
Accumulated Depreciation	53
Buffalo Wild Wings: | Idaho Falls, ID
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	712
Buildings and Improvements	1,336
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,048
Accumulated Depreciation	16
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, 2014	2,628
Accumulated Depreciation	85
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, 2014	2,623
Accumulated Depreciation	88
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, 2014	3,522
Accumulated Depreciation	17
Caliber Collision Center: | Las Cruces, MN
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, 2014	2,622
Accumulated Depreciation	39
Caliber Collision Center: | Midwest City, OK
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	259
Buildings and Improvements	1,165
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,424
Accumulated Depreciation	26
Caliber Collision Center: | Denver, CO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	855
Buildings and Improvements	658
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,513
Accumulated Depreciation	9
Caliber Collision Center: | San Antonio, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	622
Buildings and Improvements	832
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,454
Accumulated Depreciation	12
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	780
Gross Amount at Which Carried At December 31, 2014	57,757
Accumulated Depreciation	2,838
Carlisle Crossing: | Carlisle, PA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	4,491
Buildings and Improvements	15,817
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	20,308
Accumulated Depreciation	177
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, 2014	110,027
Accumulated Depreciation	3,680
Century Plaza: | Orlando, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	3,094
Buildings and Improvements	6,178
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	9,272
Accumulated Depreciation	114
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, 2014	2,192
Accumulated Depreciation	0
Chestnut Square: | Brevard, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	425
Buildings and Improvements	5,037
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	5,462
Accumulated Depreciation	216
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, 2014	2,169
Accumulated Depreciation	14
Coosa Town Center: | Gadsden, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	3,246
Buildings and Improvements	7,799
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	11,045
Accumulated Depreciation	244
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, 2014	3,774
Accumulated Depreciation	185
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, 2014	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	519
Gross Amount at Which Carried At December 31, 2014	34,386
Accumulated Depreciation	1,139
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	0
Gross Amount at Which Carried At December 31, 2014	9,361
Accumulated Depreciation	219
Crosspoint: | Hagerstown, MD
Real Estate and Accumulated Depreciation [Line Items]
Land	12,285
Buildings and Improvements	14,359
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	26,644
Accumulated Depreciation	140
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, 2014	8,750
Accumulated Depreciation	212
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, 2014	5,590
Accumulated Depreciation	155
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, 2014	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, 2014	4,410
Accumulated Depreciation	63
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, 2014	2,192
Accumulated Depreciation	77
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, 2014	4,551
Accumulated Depreciation	93
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, 2014	2,173
Accumulated Depreciation	112
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, 2014	4,577
Accumulated Depreciation	79
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, 2014	3,117
Accumulated Depreciation	73
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, 2014	4,418
Accumulated Depreciation	63
CVS: | Cartersville, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	2,547
Buildings and Improvements	0
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	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, 2014	1,878
Accumulated Depreciation	72
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, 2014	4,097
Accumulated Depreciation	83
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, 2014	6,087
Accumulated Depreciation	191
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, 2014	3,586
Accumulated Depreciation	83
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, 2014	3,205
Accumulated Depreciation	176
CVS: | Danville, IN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	424
Buildings and Improvements	2,105
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,529
Accumulated Depreciation	26
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, 2014	3,383
Accumulated Depreciation	66
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, 2014	2,476
Accumulated Depreciation	68
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, 2014	3,002
Accumulated Depreciation	53
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, 2014	4,461
Accumulated Depreciation	130
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, 2014	6,657
Accumulated Depreciation	96
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, 2014	4,548
Accumulated Depreciation	92
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, 2014	2,601
Accumulated Depreciation	60
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, 2014	3,594
Accumulated Depreciation	67
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, 2014	3,779
Accumulated Depreciation	172
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, 2014	5,999
Accumulated Depreciation	45
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, 2014	3,281
Accumulated Depreciation	68
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, 2014	3,611
Accumulated Depreciation	65
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, 2014	5,548
Accumulated Depreciation	$80

Schedule_III_Real_Estate_Asset3

Schedule III - Real Estate Assets and Accumulated Depreciated Schedule III - Real Estate Assets and Accumulated Depreciation - 2 (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$565,836
Land	974,920
Buildings and Improvements	2,596,981
Total Adjustment to Basis	19,038
Gross Amount at Which Carried At December 31, 2014	3,590,939	1,960,708	464,539
Accumulated Depreciation	78,186	78,186	23,377	1,743
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, 2014	4,106
Accumulated Depreciation	88
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, 2014	6,148
Accumulated Depreciation	145
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, 2014	2,701
Accumulated Depreciation	72
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, 2014	4,072
Accumulated Depreciation	60
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, 2014	5,807
Accumulated Depreciation	67
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, 2014	3,741
Accumulated Depreciation	50
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, 2014	4,048
Accumulated Depreciation	62
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, 2014	6,862
Accumulated Depreciation	122
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, 2014	2,784
Accumulated Depreciation	62
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, 2014	4,147
Accumulated Depreciation	70
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, 2014	4,806
Accumulated Depreciation	98
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, 2014	3,739
Accumulated Depreciation	81
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, 2014	3,694
Accumulated Depreciation	73
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, 2014	3,874
Accumulated Depreciation	58
Darien Towne Center: | Darien, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	6,718
Buildings and Improvements	11,951
Total Adjustment to Basis	871
Gross Amount at Which Carried At December 31, 2014	19,540
Accumulated Depreciation	427
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, 2014	2,521
Accumulated Depreciation	21
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	0
Gross Amount at Which Carried At December 31, 2014	11,811
Accumulated Depreciation	372
Deltona Commons: | Deltona, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	1,424
Buildings and Improvements	7,760
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	9,184
Accumulated Depreciation	313
Dick’s Sporting Goods: | Oklahoma City (3rd), 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, 2014	9,036
Accumulated Depreciation	457
Dick’s Sporting Goods: | Oklahoma City, OK
Real Estate and Accumulated Depreciation [Line Items]
Land	685
Buildings and Improvements	10,587
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	11,272
Accumulated Depreciation	602
Dollar General: | Abbeville, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	294
Buildings and Improvements	1,302
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,596
Accumulated Depreciation	7
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, 2014	840
Accumulated Depreciation	29
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, 2014	1,211
Accumulated Depreciation	35
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, 2014	909
Accumulated Depreciation	41
Dollar General: | Alton, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	94
Buildings and Improvements	922
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,016
Accumulated Depreciation	7
Dollar General: | Arapahoe, NE
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	44
Buildings and Improvements	873
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	917
Accumulated Depreciation	7
Dollar General: | Asheville, NC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	379
Buildings and Improvements	753
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,132
Accumulated Depreciation	34
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, 2014	933
Accumulated Depreciation	42
Dollar General: | Atmore, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	243
Buildings and Improvements	858
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,101
Accumulated Depreciation	20
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, 2014	1,281
Accumulated Depreciation	44
Dollar General: | Belle, MO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	51
Buildings and Improvements	880
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	931
Accumulated Depreciation	7
Dollar General: | Berry, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	104
Buildings and Improvements	1,196
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,300
Accumulated Depreciation	9
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, 2014	1,083
Accumulated Depreciation	33
Dollar General: | Bloomfield, NE
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	50
Buildings and Improvements	845
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	895
Accumulated Depreciation	1
Dollar General: | Blue Rapids, KS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	52
Buildings and Improvements	880
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	932
Accumulated Depreciation	5
Dollar General: | Bluefield, WV
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	337
Buildings and Improvements	686
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,023
Accumulated Depreciation	4
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, 2014	918
Accumulated Depreciation	47
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, 2014	1,121
Accumulated Depreciation	37
Dollar General: | Brandon, SD
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	292
Buildings and Improvements	871
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,163
Accumulated Depreciation	5
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, 2014	1,232
Accumulated Depreciation	58
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, 2014	969
Accumulated Depreciation	26
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, 2014	1,207
Accumulated Depreciation	51
Dollar General: | Buffalo, NY
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	122
Buildings and Improvements	1,099
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,221
Accumulated Depreciation	1
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, 2014	1,073
Accumulated Depreciation	43
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, 2014	1,014
Accumulated Depreciation	46
Dollar General: | Columbus, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	279
Buildings and Improvements	1,248
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,527
Accumulated Depreciation	40
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, 2014	1,113
Accumulated Depreciation	50
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, 2014	3,490
Accumulated Depreciation	30
Dollar General: | Cullman, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	159
Buildings and Improvements	824
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	983
Accumulated Depreciation	8
Dollar General: | Decatur, IL (Taylorville)
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	133
Buildings and Improvements	986
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,119
Accumulated Depreciation	14
Dollar General: | Decatur, IL (Eldorado)
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	219
Buildings and Improvements	964
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,183
Accumulated Depreciation	7
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, 2014	1,194
Accumulated Depreciation	35
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, 2014	1,334
Accumulated Depreciation	38
Dollar General: | Deridder (Hwy 26), 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, 2014	1,058
Accumulated Depreciation	32
Dollar General: | Deridder (Hwy 190), 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, 2014	1,081
Accumulated Depreciation	33
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, 2014	1,109
Accumulated Depreciation	35
Dollar General: | Dora, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	124
Buildings and Improvements	935
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,059
Accumulated Depreciation	7
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, 2014	1,343
Accumulated Depreciation	30
Dollar General: | Edinburg, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	146
Buildings and Improvements	809
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	955
Accumulated Depreciation	10
Dollar General: | Eight Mile, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	110
Buildings and Improvements	865
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	975
Accumulated Depreciation	13
Dollar General: | Elk Point, SD
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	97
Buildings and Improvements	839
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	936
Accumulated Depreciation	7
Dollar General: | Ellerslie, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	247
Buildings and Improvements	797
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,044
Accumulated Depreciation	15
Dollar General: | Eufaula, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	300
Buildings and Improvements	930
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,230
Accumulated Depreciation	12
Dollar General: | Farmington, NM
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	175
Buildings and Improvements	919
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,094
Accumulated Depreciation	7
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, 2014	1,022
Accumulated Depreciation	26
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, 2014	2,950
Accumulated Depreciation	102
Dollar General: | Fruitport, MI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	100
Buildings and Improvements	968
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,068
Accumulated Depreciation	13
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, 2014	1,019
Accumulated Depreciation	49
Dollar General: | Geraldine, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	220
Buildings and Improvements	1,146
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,366
Accumulated Depreciation	19
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, 2014	1,285
Accumulated Depreciation	49
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, 2014	1,229
Accumulated Depreciation	42
Dollar General: | Hamilton, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	208
Buildings and Improvements	1,024
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,232
Accumulated Depreciation	6
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, 2014	2,720
Accumulated Depreciation	97
Dollar General: | Harlingen, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	144
Buildings and Improvements	853
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	997
Accumulated Depreciation	13
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, 2014	952
Accumulated Depreciation	43
Dollar General: | Harviell, MO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	50
Buildings and Improvements	818
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	868
Accumulated Depreciation	18
Dollar General: | Hastings, NE
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	177
Buildings and Improvements	850
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,027
Accumulated Depreciation	5
Dollar General: | Hayneville, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	249
Buildings and Improvements	1,181
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,430
Accumulated Depreciation	12
Dollar General: | Hillsboro, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	262
Buildings and Improvements	956
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,218
Accumulated Depreciation	7
Dollar General: | Hinton, WV
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	199
Buildings and Improvements	1,367
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,566
Accumulated Depreciation	13
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, 2014	1,167
Accumulated Depreciation	33
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, 2014	1,413
Accumulated Depreciation	58
Dollar General: | Houston (Gears), 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, 2014	1,648
Accumulated Depreciation	43
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, 2014	1,024
Accumulated Depreciation	51
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, 2014	1,242
Accumulated Depreciation	59
Dollar General: | Kansas City (Oak), 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, 2014	1,351
Accumulated Depreciation	35
Dollar General: | Kansas City (Troost), 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, 2014	1,287
Accumulated Depreciation	32
Dollar General: | Kasson, MN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	138
Buildings and Improvements	888
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,026
Accumulated Depreciation	10
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, 2014	992
Accumulated Depreciation	26
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, 2014	888
Accumulated Depreciation	44
Dollar General: | Kolona, IA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	81
Buildings and Improvements	868
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	949
Accumulated Depreciation	9
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, 2014	1,135
Accumulated Depreciation	36
Dollar General: | Lamesa, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	75
Buildings and Improvements	803
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	878
Accumulated Depreciation	10
Dollar General: | Lansing, MI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	232
Buildings and Improvements	939
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,171
Accumulated Depreciation	13
Dollar General: | Lebanon, TN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	177
Buildings and Improvements	882
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,059
Accumulated Depreciation	12
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, 2014	934
Accumulated Depreciation	34
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, 2014	1,196
Accumulated Depreciation	57
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, 2014	1,063
Accumulated Depreciation	30
Dollar General: | Lone Jack, MO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	152
Buildings and Improvements	960
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,112
Accumulated Depreciation	16
Dollar General: | Los Fresnos, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	55
Buildings and Improvements	867
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	922
Accumulated Depreciation	7
Dollar General: | Los Lunas, NM
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	113
Buildings and Improvements	857
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	970
Accumulated Depreciation	15
Dollar General: | Louisburg, KS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	324
Buildings and Improvements	936
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,260
Accumulated Depreciation	14
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, 2014	1,306
Accumulated Depreciation	32
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, 2014	1,109
Accumulated Depreciation	36
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, 2014	1,115
Accumulated Depreciation	28
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, 2014	1,298
Accumulated Depreciation	33
Dollar General: | Maple Lake, MN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	92
Buildings and Improvements	893
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	985
Accumulated Depreciation	5
Dollar General: | Millbrook, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	320
Buildings and Improvements	1,175
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,495
Accumulated Depreciation	15
Dollar General: | Mission, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	182
Buildings and Improvements	858
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,040
Accumulated Depreciation	7
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, 2014	992
Accumulated Depreciation	48
Dollar General: | Mobile (Newman), 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, 2014	1,144
Accumulated Depreciation	33
Dollar General: | Mobile (Schillinger), 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, 2014	1,469
Accumulated Depreciation	45
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, 2014	1,200
Accumulated Depreciation	33
Dollar General: | Montgomery, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	140
Buildings and Improvements	909
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,049
Accumulated Depreciation	5
Dollar General: | Moose Lake, MN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	140
Buildings and Improvements	937
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,077
Accumulated Depreciation	6
Dollar General: | Moroa, IL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	111
Buildings and Improvements	921
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,032
Accumulated Depreciation	13
Dollar General: | Mt. Vernon, IL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	177
Buildings and Improvements	985
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,162
Accumulated Depreciation	16
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, 2014	2,748
Accumulated Depreciation	130
Dollar General: | Nashville, MI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	103
Buildings and Improvements	1,255
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,358
Accumulated Depreciation	30
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, 2014	1,158
Accumulated Depreciation	33
Dollar General: | Neoga, IL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	94
Buildings and Improvements	860
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	954
Accumulated Depreciation	8
Dollar General: | Ness City, KS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	21
Buildings and Improvements	860
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	881
Accumulated Depreciation	$19

Schedule_III_Real_Estate_Asset4

Schedule III - Real Estate Assets and Accumulated Depreciated Schedule III - Real Estate Assets and Accumulated Deprecation - 3 (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$565,836
Land	974,920
Buildings and Improvements	2,596,981
Total Adjustment to Basis	19,038
Gross Amount at Which Carried At December 31, 2014	3,590,939	1,960,708	464,539
Accumulated Depreciation	78,186	78,186	23,377	1,743
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, 2014	1,229
Accumulated Depreciation	36
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, 2014	1,074
Accumulated Depreciation	36
Dollar General: | Nitro, WV
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	451
Buildings and Improvements	1,034
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,485
Accumulated Depreciation	14
Dollar General: | Nixa, MO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	235
Buildings and Improvements	806
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,041
Accumulated Depreciation	16
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, 2014	1,168
Accumulated Depreciation	49
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, 2014	1,067
Accumulated Depreciation	33
Dollar General: | Onawa, IA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	176
Buildings and Improvements	842
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,018
Accumulated Depreciation	12
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, 2014	1,039
Accumulated Depreciation	31
Dollar General: | Ortonville, MN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	113
Buildings and Improvements	907
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,020
Accumulated Depreciation	8
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, 2014	1,248
Accumulated Depreciation	26
Dollar General: | Palestine, IL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	155
Buildings and Improvements	893
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,048
Accumulated Depreciation	13
Dollar General: | Parchment, MI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	168
Buildings and Improvements	1,162
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,330
Accumulated Depreciation	16
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, 2014	978
Accumulated Depreciation	47
Dollar General: | Parsons, TN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	166
Buildings and Improvements	1,136
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,302
Accumulated Depreciation	14
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, 2014	1,049
Accumulated Depreciation	31
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, 2014	2,616
Accumulated Depreciation	104
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, 2014	1,249
Accumulated Depreciation	29
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, 2014	1,284
Accumulated Depreciation	32
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, 2014	1,190
Accumulated Depreciation	31
Dollar General: | Princeton, MO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	155
Buildings and Improvements	1,159
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,314
Accumulated Depreciation	7
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, 2014	1,053
Accumulated Depreciation	46
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, 2014	1,073
Accumulated Depreciation	33
Dollar General: | Rainsville, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	290
Buildings and Improvements	1,267
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,557
Accumulated Depreciation	13
Dollar General: | Ravenna, MI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	199
Buildings and Improvements	958
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,157
Accumulated Depreciation	23
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, 2014	1,035
Accumulated Depreciation	50
Dollar General: | Roanoke, IL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	93
Buildings and Improvements	846
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	939
Accumulated Depreciation	14
Dollar General: | Romney, IN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	87
Buildings and Improvements	827
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	914
Accumulated Depreciation	10
Dollar General: | Romulus, MI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	274
Buildings and Improvements	1,171
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,445
Accumulated Depreciation	24
Dollar General: | Russell, KS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	54
Buildings and Improvements	899
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	953
Accumulated Depreciation	9
Dollar General: | San Antonio, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	295
Buildings and Improvements	743
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,038
Accumulated Depreciation	10
Dollar General: | San Carlos, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	70
Buildings and Improvements	1,063
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,133
Accumulated Depreciation	15
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, 2014	1,026
Accumulated Depreciation	25
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, 2014	1,004
Accumulated Depreciation	33
Dollar General: | Shelby, MI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	128
Buildings and Improvements	1,033
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,161
Accumulated Depreciation	25
Dollar General: | Slocomb, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	124
Buildings and Improvements	918
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,042
Accumulated Depreciation	22
Dollar General: | Snead, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	126
Buildings and Improvements	1,137
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,263
Accumulated Depreciation	9
Dollar General: | South Bay, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	258
Buildings and Improvements	1,262
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,520
Accumulated Depreciation	20
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, 2014	1,409
Accumulated Depreciation	38
Dollar General: | Springfield, IL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	205
Buildings and Improvements	934
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,139
Accumulated Depreciation	7
Dollar General: | Springfield, MO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	171
Buildings and Improvements	810
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	981
Accumulated Depreciation	10
Dollar General: | Springfield, NE
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	172
Buildings and Improvements	864
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,036
Accumulated Depreciation	15
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, 2014	1,125
Accumulated Depreciation	35
Dollar General: | St. Louis, MO (Grand)
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, 2014	1,331
Accumulated Depreciation	31
Dollar General: | St. Louis, MO (Lewis & Clark)
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, 2014	1,358
Accumulated Depreciation	29
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, 2014	1,147
Accumulated Depreciation	28
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, 2014	1,117
Accumulated Depreciation	40
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, 2014	1,011
Accumulated Depreciation	34
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, 2014	1,294
Accumulated Depreciation	37
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, 2014	878
Accumulated Depreciation	42
Dollar General: | Urbana, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	133
Buildings and Improvements	1,051
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,184
Accumulated Depreciation	18
Dollar General: | Volga, SD
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	51
Buildings and Improvements	784
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	835
Accumulated Depreciation	6
Dollar General: | Waco, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	26
Buildings and Improvements	922
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	948
Accumulated Depreciation	15
Dollar General: | Wagener, SC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	477
Buildings and Improvements	1,169
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,646
Accumulated Depreciation	9
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, 2014	1,007
Accumulated Depreciation	33
Dollar General: | Waterloo, IA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	330
Buildings and Improvements	908
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,238
Accumulated Depreciation	3
Dollar General: | Weslaco, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	141
Buildings and Improvements	848
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	989
Accumulated Depreciation	7
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, 2014	1,129
Accumulated Depreciation	40
Dollar General: | Wetumpka, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	290
Buildings and Improvements	779
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,069
Accumulated Depreciation	13
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, 2014	1,278
Accumulated Depreciation	35
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, 2014	1,194
Accumulated Depreciation	66
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, 2014	874
Accumulated Depreciation	29
Dollar General: | Winsted, MN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	152
Buildings and Improvements	841
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	993
Accumulated Depreciation	7
Dollar General: | Wisner, NE
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	37
Buildings and Improvements	773
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	810
Accumulated Depreciation	13
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, 2014	1,178
Accumulated Depreciation	54
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, 2014	917
Accumulated Depreciation	43
Dollar General: | Berry, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	104
Buildings and Improvements	1,196
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,300
Accumulated Depreciation	9
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, 2014	3,263
Accumulated Depreciation	133
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, 2014	4,412
Accumulated Depreciation	156
East Manchester Village Center: | Manchester, PA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	2,517
Buildings and Improvements	12,672
Total Adjustment to Basis	202
Gross Amount at Which Carried At December 31, 2014	15,391
Accumulated Depreciation	365
East West Commons: | Austell, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	10,094
Buildings and Improvements	16,034
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	26,128
Accumulated Depreciation	150
Emerald Place: | Greenwood, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	2,042
Buildings and Improvements	9,942
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	11,984
Accumulated Depreciation	411
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, 2014	9,062
Accumulated Depreciation	263
Fairview Village: | Cary, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	2,514
Buildings and Improvements	3,557
Total Adjustment to Basis	52
Gross Amount at Which Carried At December 31, 2014	6,123
Accumulated Depreciation	206
Family Center: | Riverdale, UT
Real Estate and Accumulated Depreciation [Line Items]
Land	21,716
Buildings and Improvements	29,454
Total Adjustment to Basis	-1,028
Gross Amount at Which Carried At December 31, 2014	50,142
Accumulated Depreciation	786
Family Dollar: | San Antonio, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	54
Buildings and Improvements	900
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	954
Accumulated Depreciation	8
Family Dollar: | Aberdeen, ID
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	101
Buildings and Improvements	1,054
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,155
Accumulated Depreciation	6
Family Dollar: | Adelanto, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	463
Buildings and Improvements	1,711
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,174
Accumulated Depreciation	6
Family Dollar: | Albany, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	347
Buildings and Improvements	925
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,272
Accumulated Depreciation	3
Family Dollar: | Apple Springs, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	91
Buildings and Improvements	804
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	895
Accumulated Depreciation	3
Family Dollar: | Bagley, MN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	95
Buildings and Improvements	1,114
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,209
Accumulated Depreciation	17
Family Dollar: | Benavides, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	27
Buildings and Improvements	1,065
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,092
Accumulated Depreciation	27
Family Dollar: | Berry, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	122
Buildings and Improvements	880
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,002
Accumulated Depreciation	3
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, 2014	1,244
Accumulated Depreciation	29
Family Dollar: | Broadway, VA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	213
Buildings and Improvements	1,153
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,366
Accumulated Depreciation	4
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, 2014	1,331
Accumulated Depreciation	24
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, 2014	997
Accumulated Depreciation	22
Family Dollar: | Burkeville, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	357
Buildings and Improvements	966
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,323
Accumulated Depreciation	8
Family Dollar: | Cascade, ID
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	267
Buildings and Improvements	1,147
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,414
Accumulated Depreciation	25
Family Dollar: | Cass Lake, MN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	157
Buildings and Improvements	1,107
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,264
Accumulated Depreciation	17
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, 2014	2,566
Accumulated Depreciation	15
Family Dollar: | Charlotte, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	118
Buildings and Improvements	970
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,088
Accumulated Depreciation	24
Family Dollar: | Cheyenne, WY
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	148
Buildings and Improvements	986
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,134
Accumulated Depreciation	19
Family Dollar: | Coachella, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	450
Buildings and Improvements	1,634
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,084
Accumulated Depreciation	37
Family Dollar: | Cocoa, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	370
Buildings and Improvements	1,092
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,462
Accumulated Depreciation	8
Family Dollar: | Colmesnell, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	172
Buildings and Improvements	858
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,030
Accumulated Depreciation	19
Family Dollar: | Columbia, SC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	294
Buildings and Improvements	824
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,118
Accumulated Depreciation	5
Family Dollar: | Columbia, SC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	332
Buildings and Improvements	1,044
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,376
Accumulated Depreciation	6
Family Dollar: | Comanche, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	176
Buildings and Improvements	1,145
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,321
Accumulated Depreciation	11
Family Dollar: | Cordes Lakes, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	380
Buildings and Improvements	1,421
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,801
Accumulated Depreciation	11
Family Dollar: | Davenport, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	298
Buildings and Improvements	964
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,262
Accumulated Depreciation	1
Family Dollar: | Davenport, IA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	167
Buildings and Improvements	918
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,085
Accumulated Depreciation	3
Family Dollar: | Dawson, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	41
Buildings and Improvements	799
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	840
Accumulated Depreciation	3
Family Dollar: | Deadwood, SD
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	132
Buildings and Improvements	1,139
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,271
Accumulated Depreciation	9
Family Dollar: | Des Moines, IA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	290
Buildings and Improvements	1,126
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,416
Accumulated Depreciation	4
Family Dollar: | Eden, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	82
Buildings and Improvements	903
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	985
Accumulated Depreciation	21
Family Dollar: | Elizabethtown, NY
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	107
Buildings and Improvements	671
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	778
Accumulated Depreciation	16
Family Dollar: | Eloy, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	86
Buildings and Improvements	1,587
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,673
Accumulated Depreciation	8
Family Dollar: | Empire, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	239
Buildings and Improvements	1,527
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,766
Accumulated Depreciation	22
Family Dollar: | Evans, CO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	201
Buildings and Improvements	817
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,018
Accumulated Depreciation	6
Family Dollar: | Findlay, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	326
Buildings and Improvements	1,271
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,597
Accumulated Depreciation	31
Family Dollar: | Folsom, LA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	325
Buildings and Improvements	788
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,113
Accumulated Depreciation	6
Family Dollar: | Ft. 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, 2014	1,804
Accumulated Depreciation	36
Family Dollar: | Fort Thomas, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	49
Buildings and Improvements	1,173
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,222
Accumulated Depreciation	26
Family Dollar: | Fort Worth, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	532
Buildings and Improvements	1,346
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,878
Accumulated Depreciation	10
Family Dollar: | Fresno, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	488
Buildings and Improvements	1,553
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,041
Accumulated Depreciation	36
Family Dollar: | Garrison, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	61
Buildings and Improvements	1,306
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,367
Accumulated Depreciation	1
Family Dollar: | Georgetown, KY
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	607
Buildings and Improvements	905
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,512
Accumulated Depreciation	3
Family Dollar: | Gering, NE
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	244
Buildings and Improvements	913
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,157
Accumulated Depreciation	7
Family Dollar: | Greenwood, WI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	154
Buildings and Improvements	920
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,074
Accumulated Depreciation	13
Family Dollar: | Harrisonburg, VA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	229
Buildings and Improvements	1,073
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,302
Accumulated Depreciation	1
Family Dollar: | Hawkins, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	49
Buildings and Improvements	1,288
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,337
Accumulated Depreciation	10
Family Dollar: | Hempstead, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	219
Buildings and Improvements	943
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,162
Accumulated Depreciation	1
Family Dollar: | Hettinger, ND
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	214
Buildings and Improvements	1,077
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,291
Accumulated Depreciation	$27

Schedule_III_Real_Estate_Asset5

Schedule III - Real Estate Assets and Accumulated Depreciated Schedule III - Real Estate Assets and Accumulated Depreciation - 4 (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$565,836
Land	974,920
Buildings and Improvements	2,596,981
Total Adjustment to Basis	19,038
Gross Amount at Which Carried At December 31, 2014	3,590,939	1,960,708	464,539
Accumulated Depreciation	78,186	78,186	23,377	1,743
Family Dollar: | Hodgenville, KY
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	202
Buildings and Improvements	783
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	985
Accumulated Depreciation	6
Family Dollar: | Holtville, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	317
Buildings and Improvements	1,609
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,926
Accumulated Depreciation	37
Family Dollar: | Homosassa, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	325
Buildings and Improvements	1,001
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,326
Accumulated Depreciation	1
Family Dollar: | Immokalee, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	458
Buildings and Improvements	1,248
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,706
Accumulated Depreciation	4
Family Dollar: | Indianapolis, IN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	238
Buildings and Improvements	1,117
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,355
Accumulated Depreciation	4
Family Dollar: | Indio, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	393
Buildings and Improvements	1,636
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,029
Accumulated Depreciation	23
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, 2014	1,031
Accumulated Depreciation	23
Family Dollar: | Jacksonville, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	134
Buildings and Improvements	1,157
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,291
Accumulated Depreciation	4
Family Dollar: | Jay, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	190
Buildings and Improvements	1,002
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,192
Accumulated Depreciation	25
Family Dollar: | Jonesboro, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	297
Buildings and Improvements	1,098
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,395
Accumulated Depreciation	26
Family Dollar: | Keller, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	749
Buildings and Improvements	1,550
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,299
Accumulated Depreciation	29
Family Dollar: | Kersey, CO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	238
Buildings and Improvements	904
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,142
Accumulated Depreciation	15
Family Dollar: | Kiowa, OK
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	193
Buildings and Improvements	947
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,140
Accumulated Depreciation	8
Family Dollar: | Kissimmee, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	622
Buildings and Improvements	1,226
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,848
Accumulated Depreciation	12
Family Dollar: | La Salle, CO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	239
Buildings and Improvements	890
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,129
Accumulated Depreciation	3
Family Dollar: | LaBelle, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	268
Buildings and Improvements	1,037
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,305
Accumulated Depreciation	25
Family Dollar: | Lake Elsinor, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	417
Buildings and Improvements	1,682
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,099
Accumulated Depreciation	35
Family Dollar: | Lakeland, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	353
Buildings and Improvements	937
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,290
Accumulated Depreciation	14
Family Dollar: | Laredo, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	302
Buildings and Improvements	1,039
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,341
Accumulated Depreciation	6
Family Dollar: | Levelland, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	264
Buildings and Improvements	952
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,216
Accumulated Depreciation	7
Family Dollar: | Lorain, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	320
Buildings and Improvements	995
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,315
Accumulated Depreciation	15
Family Dollar: | Louisville (Bank), KY
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	578
Buildings and Improvements	919
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,497
Accumulated Depreciation	20
Family Dollar: | Louisville (Cane), KY
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	480
Buildings and Improvements	934
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,414
Accumulated Depreciation	14
Family Dollar: | Mansfield, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	849
Buildings and Improvements	1,189
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,038
Accumulated Depreciation	28
Family Dollar: | Melbourne, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	362
Buildings and Improvements	883
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,245
Accumulated Depreciation	21
Family Dollar: | Melrose, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	124
Buildings and Improvements	929
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,053
Accumulated Depreciation	7
Family Dollar: | Mertzon, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	149
Buildings and Improvements	995
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,144
Accumulated Depreciation	8
Family Dollar: | Mesa, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	627
Buildings and Improvements	1,468
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,095
Accumulated Depreciation	30
Family Dollar: | Monroe, UT
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	272
Buildings and Improvements	985
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,257
Accumulated Depreciation	5
Family Dollar: | Moore Haven, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	348
Buildings and Improvements	1,016
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,364
Accumulated Depreciation	18
Family Dollar: | Moulton, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	102
Buildings and Improvements	973
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,075
Accumulated Depreciation	24
Family Dollar: | Naubinway, MI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	47
Buildings and Improvements	1,180
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,227
Accumulated Depreciation	26
Family Dollar: | New Ellenton, SC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	160
Buildings and Improvements	800
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	960
Accumulated Depreciation	1
Family Dollar: | New Summerfield, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	230
Buildings and Improvements	851
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,081
Accumulated Depreciation	12
Family Dollar: | Nicholasville, KY
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	464
Buildings and Improvements	826
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,290
Accumulated Depreciation	18
Family Dollar: | North Charleston, SC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	386
Buildings and Improvements	997
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,383
Accumulated Depreciation	3
Family Dollar: | Ocoee, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	462
Buildings and Improvements	1,173
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,635
Accumulated Depreciation	4
Family Dollar: | Ordway, CO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	81
Buildings and Improvements	993
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,074
Accumulated Depreciation	6
Family Dollar: | Oshkosh, WI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	361
Buildings and Improvements	815
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,176
Accumulated Depreciation	19
Family Dollar: | Ossineke, MI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	85
Buildings and Improvements	898
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	983
Accumulated Depreciation	18
Family Dollar: | Penitas, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	182
Buildings and Improvements	1,053
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,235
Accumulated Depreciation	22
Family Dollar: | Pensacola, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	509
Buildings and Improvements	791
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,300
Accumulated Depreciation	17
Family Dollar: | Pine Lake, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	639
Buildings and Improvements	897
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,536
Accumulated Depreciation	9
Family Dollar: | Plainview, NE
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	112
Buildings and Improvements	774
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	886
Accumulated Depreciation	15
Family Dollar: | Poinciana, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	501
Buildings and Improvements	1,186
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,687
Accumulated Depreciation	9
Family Dollar: | Pojoaque, NM
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	545
Buildings and Improvements	909
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,454
Accumulated Depreciation	9
Family Dollar: | Posen, MI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	101
Buildings and Improvements	896
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	997
Accumulated Depreciation	18
Family Dollar: | Preston, MN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	161
Buildings and Improvements	1,159
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,320
Accumulated Depreciation	18
Family Dollar: | Radium Springs, NM
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	129
Buildings and Improvements	1,086
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,215
Accumulated Depreciation	25
Family Dollar: | Ramah, NM
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	217
Buildings and Improvements	1,105
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,322
Accumulated Depreciation	24
Family Dollar: | Rex, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	294
Buildings and Improvements	1,393
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,687
Accumulated Depreciation	5
Family Dollar: | Riverside, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	736
Buildings and Improvements	1,558
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,294
Accumulated Depreciation	29
Family Dollar: | Robert Lee, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	94
Buildings and Improvements	904
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	998
Accumulated Depreciation	21
Family Dollar: | Rushford, MN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	163
Buildings and Improvements	844
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,007
Accumulated Depreciation	13
Family Dollar: | Saginaw, MI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	240
Buildings and Improvements	956
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,196
Accumulated Depreciation	5
Family Dollar: | San Antonio, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	54
Buildings and Improvements	900
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	954
Accumulated Depreciation	8
Family Dollar: | San Antonio, TX 2
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	421
Buildings and Improvements	951
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,372
Accumulated Depreciation	3
Family Dollar: | San Jacinto, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	430
Buildings and Improvements	1,682
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,112
Accumulated Depreciation	20
Family Dollar: | Schuyler, NE
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	260
Buildings and Improvements	708
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	968
Accumulated Depreciation	12
Family Dollar: | Shreveport, LA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	406
Buildings and Improvements	978
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,384
Accumulated Depreciation	16
Family Dollar: | Shreveport, LA 2
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	272
Buildings and Improvements	1,113
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,385
Accumulated Depreciation	14
Family Dollar: | Shreveport, LA 3
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	423
Buildings and Improvements	1,099
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,522
Accumulated Depreciation	6
Family Dollar: | Spurger, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	86
Buildings and Improvements	905
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	991
Accumulated Depreciation	7
Family Dollar: | Statesboro, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	347
Buildings and Improvements	800
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,147
Accumulated Depreciation	19
Family Dollar: | Sterling City, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	78
Buildings and Improvements	889
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	967
Accumulated Depreciation	21
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, 2014	2,019
Accumulated Depreciation	14
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, 2014	1,249
Accumulated Depreciation	1
Family Dollar: | Tallahassee, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	189
Buildings and Improvements	1,212
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,401
Accumulated Depreciation	4
Family Dollar: | Taft, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	255
Buildings and Improvements	1,422
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,677
Accumulated Depreciation	51
Family Dollar: | Tampa (Cragmont), 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, 2014	1,300
Accumulated Depreciation	21
Family Dollar: | Tampa (Forest), 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, 2014	1,402
Accumulated Depreciation	26
Family Dollar: | Tampa (Hunt), FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	568
Buildings and Improvements	1,137
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,705
Accumulated Depreciation	14
Family Dollar: | Terra Bella, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	332
Buildings and Improvements	1,394
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,726
Accumulated Depreciation	32
Family Dollar: | Topeka, KS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	419
Buildings and Improvements	1,327
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,746
Accumulated Depreciation	25
Family Dollar: | Tyler, MN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	73
Buildings and Improvements	895
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	968
Accumulated Depreciation	14
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, 2014	1,351
Accumulated Depreciation	23
Family Dollar: | Valdosta, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	424
Buildings and Improvements	849
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,273
Accumulated Depreciation	20
Family Dollar: | Waelder, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	136
Buildings and Improvements	788
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	924
Accumulated Depreciation	12
Family Dollar: | Walker, LA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	294
Buildings and Improvements	966
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,260
Accumulated Depreciation	7
Family Dollar: | Wayne, OK
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	37
Buildings and Improvements	937
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	974
Accumulated Depreciation	14
Family Dollar: | Waynesburg, KY
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	150
Buildings and Improvements	955
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,105
Accumulated Depreciation	5
Family Dollar: | Wild Rose, WI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	133
Buildings and Improvements	866
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	999
Accumulated Depreciation	12
Family Dollar: | Georgetown, KY
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	607
Buildings and Improvements	905
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,512
Accumulated Depreciation	3
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, 2014	7,247
Accumulated Depreciation	265
Flower Foods: | Orlando, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	418
Buildings and Improvements	387
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	805
Accumulated Depreciation	3
Flower Foods: | Waldorf, MD
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	398
Buildings and Improvements	1,045
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,443
Accumulated Depreciation	9
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, 2014	6,654
Accumulated Depreciation	169
Fourth Creek Landing: | Stateville, 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, 2014	9,170
Accumulated Depreciation	477
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, 2014	3,654
Accumulated Depreciation	37
Fresh Market Center: | Glen Ellyn, IL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	2,767
Buildings and Improvements	6,403
Total Adjustment to Basis	15
Gross Amount at Which Carried At December 31, 2014	9,185
Accumulated Depreciation	52
Fresh Thyme: | Indianapolis, IN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	1,087
Buildings and Improvements	6,019
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	7,106
Accumulated Depreciation	37
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	0
Gross Amount at Which Carried At December 31, 2014	5,893
Accumulated Depreciation	35
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, 2014	5,983
Accumulated Depreciation	74
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, 2014	16,326
Accumulated Depreciation	95
Giant Eagle: | Seven Fields, PA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,574
Buildings and Improvements	13,659
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	15,233
Accumulated Depreciation	221
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, 2014	7,844
Accumulated Depreciation	308
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, 2014	3,690
Accumulated Depreciation	151
Golden Corral: | Georgetown, KY
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	1,048
Buildings and Improvements	1,452
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,500
Accumulated Depreciation	20
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, 2014	3,725
Accumulated Depreciation	131
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, 2014	3,530
Accumulated Depreciation	39
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, 2014	2,053
Accumulated Depreciation	66
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	96
Gross Amount at Which Carried At December 31, 2014	26,257
Accumulated Depreciation	897
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, 2014	2,003
Accumulated Depreciation	72
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	287
Gross Amount at Which Carried At December 31, 2014	11,704
Accumulated Depreciation	542
Hickory Flat Commons: | Canton, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	4,482
Buildings and Improvements	13,174
Total Adjustment to Basis	9
Gross Amount at Which Carried At December 31, 2014	17,665
Accumulated Depreciation	790
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, 2014	9,059
Accumulated Depreciation	165
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, 2014	11,161
Accumulated Depreciation	278
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, 2014	5,118
Accumulated Depreciation	315
Home Depot: | North Canton, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	2,203
Buildings and Improvements	12,012
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	14,215
Accumulated Depreciation	662
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, 2014	12,426
Accumulated Depreciation	493
IHOP: | Anderson, IN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	54
Buildings and Improvements	1,633
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,687
Accumulated Depreciation	22
IHOP: | Columbus, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	408
Buildings and Improvements	1,783
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,191
Accumulated Depreciation	24
IHOP: | Columbus, OH 2
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	315
Buildings and Improvements	1,864
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,179
Accumulated Depreciation	$25

Schedule_III_Real_Estate_Asset6

Schedule III - Real Estate Assets and Accumulated Depreciated Schedule III - Real Estate Assets and Accumulated Depreciation - 5 (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$565,836
Land	974,920
Buildings and Improvements	2,596,981
Total Adjustment to Basis	19,038
Gross Amount at Which Carried At December 31, 2014	3,590,939	1,960,708	464,539
Accumulated Depreciation	78,186	78,186	23,377	1,743
IHOP: | Lancaster, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	157
Buildings and Improvements	1,497
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,654
Accumulated Depreciation	20
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, 2014	2,913
Accumulated Depreciation	46
IHOP: | Richmond, IN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	106
Buildings and Improvements	1,428
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,534
Accumulated Depreciation	20
Inglewood Plaza: | Inglewood, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	9,880
Buildings and Improvements	14,099
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	23,979
Accumulated Depreciation	111
Kirklands: | Dothan, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	486
Buildings and Improvements	946
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,432
Accumulated Depreciation	12
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, 2014	2,686
Accumulated Depreciation	106
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, 2014	7,396
Accumulated Depreciation	321
Kohl’s: | Charlottesville, VA
Real Estate and Accumulated Depreciation [Line Items]
Land	3,929
Buildings and Improvements	12,280
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	16,209
Accumulated Depreciation	146
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, 2014	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, 2014	12,220
Accumulated Depreciation	227
Kroger: | Whitehall, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	581
Buildings and Improvements	6,628
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	7,209
Accumulated Depreciation	198
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, 2014	2,780
Accumulated Depreciation	80
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, 2014	3,087
Accumulated Depreciation	35
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, 2014	2,335
Accumulated Depreciation	82
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, 2014	2,464
Accumulated Depreciation	75
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, 2014	2,380
Accumulated Depreciation	72
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, 2014	12,362
Accumulated Depreciation	438
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, 2014	8,866
Accumulated Depreciation	187
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, 2014	11,758
Accumulated Depreciation	206
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, 2014	9,103
Accumulated Depreciation	352
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, 2014	8,049
Accumulated Depreciation	263
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, 2014	12,508
Accumulated Depreciation	368
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, 2014	3,551
Accumulated Depreciation	139
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, 2014	3,566
Accumulated Depreciation	53
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, 2014	2,823
Accumulated Depreciation	97
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, 2014	3,108
Accumulated Depreciation	67
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, 2014	2,344
Accumulated Depreciation	91
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, 2014	2,838
Accumulated Depreciation	109
Logan’s Roadhouse: | Troy, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	992
Buildings and Improvements	1,577
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,569
Accumulated Depreciation	94
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, 2014	7,640
Accumulated Depreciation	225
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, 2014	7,820
Accumulated Depreciation	98
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, 2014	14,092
Accumulated Depreciation	0
Lowe’s: | Columbia, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	3,943
Buildings and Improvements	6,353
Total Adjustment to Basis	750
Gross Amount at Which Carried At December 31, 2014	11,046
Accumulated Depreciation	240
Lowe’s: | Covington, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	10,233
Buildings and Improvements	0
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	10,233
Accumulated Depreciation	0
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, 2014	9,129
Accumulated Depreciation	123
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, 2014	9,659
Accumulated Depreciation	365
Lowe’s: | Tuscaloosa, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	4,908
Buildings and Improvements	4,786
Total Adjustment to Basis	9
Gross Amount at Which Carried At December 31, 2014	9,703
Accumulated Depreciation	165
Lowe’s: | Zanesville, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	2,161
Buildings and Improvements	8,375
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	10,536
Accumulated Depreciation	235
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	3
Gross Amount at Which Carried At December 31, 2014	76,996
Accumulated Depreciation	2,325
Marketplace at the Lakes: | West Covina, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	10,020
Buildings and Improvements	8,664
Total Adjustment to Basis	1
Gross Amount at Which Carried At December 31, 2014	18,685
Accumulated Depreciation	586
Matteson Center: | Matteson, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	1,243
Buildings and Improvements	17,427
Total Adjustment to Basis	393
Gross Amount at Which Carried At December 31, 2014	19,063
Accumulated Depreciation	673
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, 2014	1,923
Accumulated Depreciation	90
Mattress Firm: | Cincinnati, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	323
Buildings and Improvements	966
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,289
Accumulated Depreciation	12
Mattress Firm: | Augusta, ME
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	723
Buildings and Improvements	1,354
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,077
Accumulated Depreciation	26
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, 2014	1,383
Accumulated Depreciation	40
Mattress Firm: | Danville, VA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	274
Buildings and Improvements	1,514
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,788
Accumulated Depreciation	29
Mattress Firm: | Huber Heights, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	854
Buildings and Improvements	903
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,757
Accumulated Depreciation	13
Mattress Firm: | Lakeland, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	259
Buildings and Improvements	1,107
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,366
Accumulated Depreciation	15
Mattress Firm: | Nampa, ID
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	449
Buildings and Improvements	2,213
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,662
Accumulated Depreciation	46
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, 2014	1,776
Accumulated Depreciation	11
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, 2014	2,755
Accumulated Depreciation	80
Mattress Firm: | Port Charlotte, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	382
Buildings and Improvements	1,211
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,593
Accumulated Depreciation	12
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, 2014	3,240
Accumulated Depreciation	24
Mattress Firm & Five Guys: | Muskegon, MI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	813
Buildings and Improvements	1,766
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,579
Accumulated Depreciation	18
McAlister's Deli: | Lawton, OK
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	805
Buildings and Improvements	1,057
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,862
Accumulated Depreciation	18
McAlister's Deli: | Port Arthur, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	379
Buildings and Improvements	1,146
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,525
Accumulated Depreciation	27
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, 2014	2,579
Accumulated Depreciation	131
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, 2014	2,420
Accumulated Depreciation	102
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, 2014	2,170
Accumulated Depreciation	45
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, 2014	2,452
Accumulated Depreciation	58
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, 2014	3,010
Accumulated Depreciation	127
Native Wings: | San Antonio, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	821
Buildings and Improvements	2,682
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	3,503
Accumulated Depreciation	27
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, 2014	4,460
Accumulated Depreciation	122
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, 2014	3,149
Accumulated Depreciation	54
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, 2014	4,714
Accumulated Depreciation	159
Nordstrom Rack: | Tampa, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	3,371
Buildings and Improvements	6,402
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	9,773
Accumulated Depreciation	540
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, 2014	857
Accumulated Depreciation	59
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, 2014	1,017
Accumulated Depreciation	50
O’Reilly Automotive: | Lamesa, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	64
Buildings and Improvements	608
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	672
Accumulated Depreciation	1
O’Reilly Automotive: | Stanley, ND
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	323
Buildings and Improvements	662
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	985
Accumulated Depreciation	6
Park Place: | Enterprise, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	931
Buildings and Improvements	8,595
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	9,526
Accumulated Depreciation	308
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, 2014	2,792
Accumulated Depreciation	84
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, 2014	2,841
Accumulated Depreciation	72
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, 2014	3,732
Accumulated Depreciation	200
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, 2014	2,499
Accumulated Depreciation	119
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, 2014	4,342
Accumulated Depreciation	11
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, 2014	3,309
Accumulated Depreciation	71
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, 2014	4,082
Accumulated Depreciation	170
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, 2014	3,118
Accumulated Depreciation	71
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, 2014	4,206
Accumulated Depreciation	72
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, 2014	2,769
Accumulated Depreciation	127
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, 2014	3,983
Accumulated Depreciation	99
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, 2014	2,157
Accumulated Depreciation	125
Petsmart/Old Navy: | Reynoldsburg, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	1,295
Buildings and Improvements	4,077
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	5,372
Accumulated Depreciation	249
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, 2014	8,084
Accumulated Depreciation	77
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, 2014	12,698
Accumulated Depreciation	647
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, 2014	6,832
Accumulated Depreciation	167
Plaza San Mateo: | Albuquerque, NM
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	2,867
Buildings and Improvements	11,582
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	14,449
Accumulated Depreciation	196
Popeyes: | Independence, MO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	333
Buildings and Improvements	680
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,013
Accumulated Depreciation	10
Popular Springs Plaza: | Duncan, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	1,862
Buildings and Improvements	5,277
Total Adjustment to Basis	149
Gross Amount at Which Carried At December 31, 2014	7,288
Accumulated Depreciation	256
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, 2014	13,029
Accumulated Depreciation	91
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, 2014	6,614
Accumulated Depreciation	240
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, 2014	6,076
Accumulated Depreciation	186
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, 2014	7,067
Accumulated Depreciation	238
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, 2014	7,260
Accumulated Depreciation	247
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, 2014	6,093
Accumulated Depreciation	195
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, 2014	6,614
Accumulated Depreciation	224
Raising Canes: | 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, 2014	2,127
Accumulated Depreciation	$16

Schedule_III_Real_Estate_Asset7

Schedule III - Real Estate Assets and Accumulated Depreciated Schedule III - Real Estate Assets and Accumulated Depreciation - 6 (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$565,836
Land	974,920
Buildings and Improvements	2,596,981
Total Adjustment to Basis	19,038
Gross Amount at Which Carried At December 31, 2014	3,590,939	1,960,708	464,539
Accumulated Depreciation	78,186	78,186	23,377	1,743
Raising Canes: | 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, 2014	2,733
Accumulated Depreciation	39
Raising Canes: | Wichita Falls, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	426
Buildings and Improvements	1,947
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,373
Accumulated Depreciation	35
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	0
Gross Amount at Which Carried At December 31, 2014	6,518
Accumulated Depreciation	242
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, 2014	3,135
Accumulated Depreciation	64
Rite Aid: | Jenison, MI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	438
Buildings and Improvements	1,491
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,929
Accumulated Depreciation	23
Rocky River Promenade: | Mooresville, NC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	2,446
Buildings and Improvements	3,159
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	5,605
Accumulated Depreciation	33
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, 2014	4,430
Accumulated Depreciation	198
Rushmore Crossing: | Rapid City, SD
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	24,825
Land	7,066
Buildings and Improvements	33,019
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	40,085
Accumulated Depreciation	1,142
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, 2014	5,011
Accumulated Depreciation	151
Shippensburg Market Place: | Shippensburg, PA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	1,917
Buildings and Improvements	9,263
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	11,180
Accumulated Depreciation	76
Shopko: | Brokem Bow, NE
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	244
Buildings and Improvements	1,733
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,977
Accumulated Depreciation	28
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, 2014	3,944
Accumulated Depreciation	57
Shoppes at Lake Andrew: | Melbourne, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	3,924
Buildings and Improvements	16,840
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	20,764
Accumulated Depreciation	568
Shoppes at Stroud: | Stroud Township, PA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	3,754
Buildings and Improvements	22,614
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	26,368
Accumulated Depreciation	140
Southwest Plaza: | Springfield, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	2,992
Buildings and Improvements	48,935
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	51,927
Accumulated Depreciation	487
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, 2014	1,560
Accumulated Depreciation	48
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, 2014	8,437
Accumulated Depreciation	267
Stoneridge Village: | Jefferson City, MO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	1,830
Buildings and Improvements	9,351
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	11,181
Accumulated Depreciation	159
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, 2014	2,596
Accumulated Depreciation	166
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, 2014	3,570
Accumulated Depreciation	207
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, 2014	2,513
Accumulated Depreciation	154
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, 2014	6,171
Accumulated Depreciation	344
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, 2014	2,385
Accumulated Depreciation	151
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, 2014	5,509
Accumulated Depreciation	305
Summerfield Crossing: | Riverview, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	6,130
Buildings and Improvements	6,753
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	12,883
Accumulated Depreciation	276
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, 2014	1,826
Accumulated Depreciation	69
Sunbelt Rentals: | Houston, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	535
Buildings and Improvements	1,664
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,199
Accumulated Depreciation	33
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, 2014	1,687
Accumulated Depreciation	46
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, 2014	1,289
Accumulated Depreciation	26
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, 2014	1,733
Accumulated Depreciation	48
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, 2014	3,717
Accumulated Depreciation	114
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, 2014	2,365
Accumulated Depreciation	73
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, 2014	2,487
Accumulated Depreciation	82
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, 2014	2,618
Accumulated Depreciation	91
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, 2014	3,160
Accumulated Depreciation	109
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, 2014	1,080
Accumulated Depreciation	19
Sunoco Center: | Titusville (Sisson), FL
Real Estate and Accumulated Depreciation [Line Items]
Land	799
Buildings and Improvements	587
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,386
Accumulated Depreciation	26
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	0
Gross Amount at Which Carried At December 31, 2014	4,074
Accumulated Depreciation	83
Sweet Tomatoes: | Overland Park, KS
Real Estate and Accumulated Depreciation [Line Items]
Land	806
Buildings and Improvements	3,600
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	4,406
Accumulated Depreciation	71
Sweet Tomatoes: | St. Louis, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	1,254
Buildings and Improvements	3,354
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	4,608
Accumulated Depreciation	66
Target Center: | Columbia, SC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	3,234
Buildings and Improvements	7,297
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	10,531
Accumulated Depreciation	158
Terrell Mill Village: | Marieta, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	3,079
Buildings and Improvements	11,185
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	14,264
Accumulated Depreciation	315
TGI Fridays: | 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, 2014	2,605
Accumulated Depreciation	20
TGI Fridays: | 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, 2014	2,654
Accumulated Depreciation	14
The Market at Clifty Crossing: | Columbus, IN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	2,669
Buildings and Improvements	16,308
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	18,977
Accumulated Depreciation	179
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	93
Gross Amount at Which Carried At December 31, 2014	53,623
Accumulated Depreciation	1,254
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, 2014	14,021
Accumulated Depreciation	721
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	73
Gross Amount at Which Carried At December 31, 2014	175,872
Accumulated Depreciation	5,685
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, 2014	2,886
Accumulated Depreciation	18
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, 2014	1,885
Accumulated Depreciation	80
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, 2014	3,314
Accumulated Depreciation	149
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, 2014	3,196
Accumulated Depreciation	80
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, 2014	2,722
Accumulated Depreciation	59
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, 2014	2,079
Accumulated Depreciation	103
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, 2014	3,124
Accumulated Depreciation	134
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, 2014	4,387
Accumulated Depreciation	56
Tractor Supply: | Lumberton, NC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	611
Buildings and Improvements	2,007
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,618
Accumulated Depreciation	93
Tractor Supply: | Marion, IN
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, 2014	2,364
Accumulated Depreciation	85
Tractor Supply: | Monticello, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	1,536
Buildings and Improvements	1,099
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,635
Accumulated Depreciation	28
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, 2014	3,132
Accumulated Depreciation	113
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, 2014	2,953
Accumulated Depreciation	78
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, 2014	2,809
Accumulated Depreciation	91
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, 2014	2,643
Accumulated Depreciation	133
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, 2014	2,566
Accumulated Depreciation	114
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, 2014	4,005
Accumulated Depreciation	110
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, 2014	2,419
Accumulated Depreciation	64
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, 2014	4,905
Accumulated Depreciation	137
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, 2014	6,536
Accumulated Depreciation	125
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, 2014	4,535
Accumulated Depreciation	129
Turfway Crossing: | Florence, KY
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	2,261
Buildings and Improvements	10,323
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	12,584
Accumulated Depreciation	206
Ulta Salon: | Albany, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	441
Buildings and Improvements	1,757
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,198
Accumulated Depreciation	30
United Oil: | Alhambra, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	3,026
Buildings and Improvements	751
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	3,777
Accumulated Depreciation	6
United Oil: | Bellflower (Alondra), CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,312
Buildings and Improvements	576
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,888
Accumulated Depreciation	4
United Oil: | Bellflower (Lakewood), 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, 2014	2,034
Accumulated Depreciation	6
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, 2014	3,051
Accumulated Depreciation	9
United Oil: | Burbank (Glenoaks), CA
Real Estate and Accumulated Depreciation [Line Items]
Land	3,474
Buildings and Improvements	594
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	4,068
Accumulated Depreciation	4
United Oil: | Burbank (Magnolia), CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,750
Buildings and Improvements	574
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,324
Accumulated Depreciation	4
United Oil: | Chino, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,449
Buildings and Improvements	730
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,179
Accumulated Depreciation	5
United Oil: | Compton, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	992
Buildings and Improvements	460
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,452
Accumulated Depreciation	3
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, 2014	2,101
Accumulated Depreciation	4
United Oil: | El Cajon (Second), 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, 2014	1,593
Accumulated Depreciation	3
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, 2014	1,276
Accumulated Depreciation	0
United Oil: | Escondido, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	678
Buildings and Improvements	470
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,148
Accumulated Depreciation	3
United Oil: | Escondido (Mission), 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, 2014	4,576
Accumulated Depreciation	16
United Oil: | Fountain Valley, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,809
Buildings and Improvements	806
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,615
Accumulated Depreciation	6
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, 2014	5,666
Accumulated Depreciation	6
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, 2014	2,687
Accumulated Depreciation	6
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, 2014	2,542
Accumulated Depreciation	4
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, 2014	2,324
Accumulated Depreciation	6
United Oil: | Long Beach (Anaheim), CA
Real Estate and Accumulated Depreciation [Line Items]
Land	974
Buildings and Improvements	772
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,746
Accumulated Depreciation	6
United Oil: | Long Beach (Atlantic), 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, 2014	3,661
Accumulated Depreciation	$6

Schedule_III_Real_Estate_Asset8

Schedule III - Real Estate Assets and Accumulated Depreciated Schedule III - Real Estate Assets and Accumulated Depreciation - 7 (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$565,836
Land	974,920
Buildings and Improvements	2,596,981
Total Adjustment to Basis	19,038
Gross Amount at Which Carried At December 31, 2014	3,590,939	1,960,708	464,539
Accumulated Depreciation	78,186	78,186	23,377	1,743
United Oil: | Long Beach (Santa Fe), CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,972
Buildings and Improvements	643
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,615
Accumulated Depreciation	5
United Oil: | Los Angeles (2503 W. Pico), 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, 2014	3,051
Accumulated Depreciation	5
United Oil: | Los Angeles (4931 W. Pico), 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, 2014	4,794
Accumulated Depreciation	9
United Oil: | Los Angeles (Eastern), 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, 2014	3,414
Accumulated Depreciation	5
United Oil: | Los Angeles (Jefferson), CA
Real Estate and Accumulated Depreciation [Line Items]
Land	3,823
Buildings and Improvements	825
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	4,648
Accumulated Depreciation	6
United Oil: | Los Angeles (Marina Del R), 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, 2014	4,358
Accumulated Depreciation	3
United Oil: | Los Angeles (Olympic), CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,710
Buildings and Improvements	905
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,615
Accumulated Depreciation	7
United Oil: | Los Angeles (Slauson), 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, 2014	3,411
Accumulated Depreciation	0
United Oil: | Los Angeles (Western), 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, 2014	2,883
Accumulated Depreciation	0
United Oil: | Lynwood, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,386
Buildings and Improvements	737
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	3,123
Accumulated Depreciation	5
United Oil: | Menifee, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,853
Buildings and Improvements	924
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	3,777
Accumulated Depreciation	7
United Oil: | Monrovia, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,365
Buildings and Improvements	686
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	3,051
Accumulated Depreciation	5
United Oil: | Norco (Hidden Valley), 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, 2014	3,341
Accumulated Depreciation	11
United Oil: | Norco (Sixth), CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,869
Buildings and Improvements	891
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,760
Accumulated Depreciation	7
United Oil: | North Hollywood, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	4,663
Buildings and Improvements	858
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	5,521
Accumulated Depreciation	6
United Oil: | Oceanside, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,163
Buildings and Improvements	1,248
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	3,411
Accumulated Depreciation	9
United Oil: | Paramount, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,301
Buildings and Improvements	1,024
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,325
Accumulated Depreciation	8
United Oil: | Pomona, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,740
Buildings and Improvements	730
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,470
Accumulated Depreciation	5
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, 2014	3,777
Accumulated Depreciation	9
United Oil: | San Diego (47th St), 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, 2014	4,425
Accumulated Depreciation	11
United Oil: | San Diego (Governor), 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, 2014	2,760
Accumulated Depreciation	9
United Oil: | San Diego (Rancho Penasquitos), CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,215
Buildings and Improvements	841
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,056
Accumulated Depreciation	0
United Oil: | San Diego (Sunset Cliffs), 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, 2014	2,206
Accumulated Depreciation	3
United Oil: | San Pedro, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,086
Buildings and Improvements	675
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,761
Accumulated Depreciation	5
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, 2014	5,520
Accumulated Depreciation	5
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, 2014	2,557
Accumulated Depreciation	0
United Oil: | Valley Center, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,680
Buildings and Improvements	1,606
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	4,286
Accumulated Depreciation	19
United Oil: | Van Nuys (Van Nuys), CA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,439
Buildings and Improvements	902
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	3,341
Accumulated Depreciation	7
United Oil: | Van Nuys (Victory), CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,786
Buildings and Improvements	684
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,470
Accumulated Depreciation	5
United Oil: | Van Nuys (Woodman), CA
Real Estate and Accumulated Depreciation [Line Items]
Land	3,980
Buildings and Improvements	741
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	4,721
Accumulated Depreciation	5
United Oil: | Vista (Civic Center), 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, 2014	2,397
Accumulated Depreciation	2
United Oil: | Vista (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, 2014	2,446
Accumulated Depreciation	3
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, 2014	2,614
Accumulated Depreciation	7
United Oil: | Wilmington, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,615
Buildings and Improvements	1,145
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	2,760
Accumulated Depreciation	8
United Oil: | Woodland Hills, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	4,946
Buildings and Improvements	647
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	5,593
Accumulated Depreciation	5
University Marketplace: | Marion, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	850
Buildings and Improvements	6,722
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	7,572
Accumulated Depreciation	411
Village at Hereford Farms: | Grovetown , GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	1,222
Buildings and Improvements	5,912
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	7,134
Accumulated Depreciation	48
Wal-Mart: | Perry, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,270
Buildings and Improvements	11,053
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	13,323
Accumulated Depreciation	483
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, 2014	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, 2014	13,323
Accumulated Depreciation	496
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, 2014	3,687
Accumulated Depreciation	109
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, 2014	5,413
Accumulated Depreciation	14
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, 2014	4,810
Accumulated Depreciation	145
Walgreens: | Bartlett (5950 Stage), 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, 2014	5,407
Accumulated Depreciation	13
Walgreens: | Bartlett (6697 Stage), 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, 2014	5,407
Accumulated Depreciation	14
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, 2014	5,923
Accumulated Depreciation	215
Walgreens: | Birmingham (Green Springs), 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, 2014	5,582
Accumulated Depreciation	15
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, 2014	3,879
Accumulated Depreciation	243
Walgreens: | Chicopee, MA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,094
Buildings and Improvements	4,945
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	7,039
Accumulated Depreciation	26
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, 2014	5,461
Accumulated Depreciation	10
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, 2014	4,977
Accumulated Depreciation	129
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, 2014	5,071
Accumulated Depreciation	183
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, 2014	5,536
Accumulated Depreciation	248
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, 2014	5,647
Accumulated Depreciation	129
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, 2014	4,792
Accumulated Depreciation	14
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, 2014	4,643
Accumulated Depreciation	57
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, 2014	5,573
Accumulated Depreciation	49
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, 2014	4,683
Accumulated Depreciation	12
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, 2014	5,251
Accumulated Depreciation	14
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, 2014	5,292
Accumulated Depreciation	13
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, 2014	5,930
Accumulated Depreciation	16
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, 2014	4,237
Accumulated Depreciation	124
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, 2014	5,532
Accumulated Depreciation	13
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, 2014	5,043
Accumulated Depreciation	74
Walgreens: | Hazelwood, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	2,505
Buildings and Improvements	4,866
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	7,371
Accumulated Depreciation	158
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, 2014	5,341
Accumulated Depreciation	207
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, 2014	5,120
Accumulated Depreciation	15
Walgreens: | Hockessin, DE
Real Estate and Accumulated Depreciation [Line Items]
Land	1,586
Buildings and Improvements	3,555
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	5,141
Accumulated Depreciation	104
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, 2014	4,388
Accumulated Depreciation	122
Walgreens: | Kannapolis, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	1,480
Buildings and Improvements	5,031
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	6,511
Accumulated Depreciation	200
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, 2014	4,889
Accumulated Depreciation	11
Walgreens: | Las Vegas, NV
Real Estate and Accumulated Depreciation [Line Items]
Land	2,325
Buildings and Improvements	3,262
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	5,587
Accumulated Depreciation	110
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, 2014	3,399
Accumulated Depreciation	96
Walgreens: | Little Rock (Main), 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, 2014	5,224
Accumulated Depreciation	64
Walgreens: | Little Rock (Bowman), 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, 2014	5,363
Accumulated Depreciation	13
Walgreens: | Lubbock (82nd), 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, 2014	3,822
Accumulated Depreciation	184
Walgreens: | Lubbock (Indiana), 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, 2014	3,482
Accumulated Depreciation	165
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, 2014	5,332
Accumulated Depreciation	14
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, 2014	4,942
Accumulated Depreciation	13
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, 2014	5,275
Accumulated Depreciation	47
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, 2014	4,182
Accumulated Depreciation	12
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, 2014	4,764
Accumulated Depreciation	93
Walgreens: | Montgomery, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	1,110
Buildings and Improvements	2,949
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	4,059
Accumulated Depreciation	203
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, 2014	5,370
Accumulated Depreciation	16
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, 2014	4,915
Accumulated Depreciation	13
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, 2014	5,225
Accumulated Depreciation	13
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, 2014	5,313
Accumulated Depreciation	12
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, 2014	4,046
Accumulated Depreciation	88
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, 2014	5,477
Accumulated Depreciation	174
Walgreens: | Ralston (La Vista), 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, 2014	5,587
Accumulated Depreciation	14
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, 2014	5,771
Accumulated Depreciation	16
Walgreens: | Roanoke, VA
Real Estate and Accumulated Depreciation [Line Items]
Land	677
Buildings and Improvements	3,825
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	4,502
Accumulated Depreciation	61
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, 2014	2,993
Accumulated Depreciation	38
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, 2014	4,922
Accumulated Depreciation	12
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, 2014	5,681
Accumulated Depreciation	139
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, 2014	4,449
Accumulated Depreciation	244
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, 2014	6,008
Accumulated Depreciation	14
Walgreens: | St. Louis (Lemay Ferry), 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, 2014	5,988
Accumulated Depreciation	14
Walgreens: | St. Louis (Lusher), 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, 2014	6,036
Accumulated Depreciation	15
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, 2014	4,722
Accumulated Depreciation	246
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, 2014	3,321
Accumulated Depreciation	42
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, 2014	4,389
Accumulated Depreciation	35
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, 2014	5,438
Accumulated Depreciation	12
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, 2014	4,623
Accumulated Depreciation	47
Walgreens: | Tulsa, OK
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,350
Land	1,078
Buildings and Improvements	3,452
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	4,530
Accumulated Depreciation	11
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, 2014	8,721
Accumulated Depreciation	176
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, 2014	11,323
Accumulated Depreciation	439
Wallace Commons II: | Salisbury, NC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	2,231
Buildings and Improvements	8,479
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	10,710
Accumulated Depreciation	209
Warrenton Highlands: | Warrenton, OR
Real Estate and Accumulated Depreciation [Line Items]
Land	2,139
Buildings and Improvements	5,774
Total Adjustment to Basis	37
Gross Amount at Which Carried At December 31, 2014	7,950
Accumulated Depreciation	$302

Schedule_III_Real_Estate_Asset9

Schedule III - Real Estate Assets and Accumulated Depreciated Schedule III - Real Estate Assets and Accumulated Depreciation - 8 (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$565,836
Land	974,920
Buildings and Improvements	2,596,981
Total Adjustment to Basis	19,038
Gross Amount at Which Carried At December 31, 2014	3,590,939	1,960,708	464,539
Accumulated Depreciation	78,186	78,186	23,377	1,743
Waterford South Park: | Clarksville, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	2,946
Buildings and Improvements	8,564
Total Adjustment to Basis	45
Gross Amount at Which Carried At December 31, 2014	11,555
Accumulated Depreciation	484
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, 2014	7,366
Accumulated Depreciation	356
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, 2014	7,829
Accumulated Depreciation	374
Wendy's: | Grafton, VA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	539
Buildings and Improvements	894
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,433
Accumulated Depreciation	13
Wendy's: | Westminster, CO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	596
Buildings and Improvements	1,108
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	1,704
Accumulated Depreciation	16
Westover Market: | San Antonio, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	2,705
Buildings and Improvements	7,959
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	10,664
Accumulated Depreciation	351
Whole Foods: | Fort Collins, CO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	2,664
Buildings and Improvements	17,166
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2014	19,830
Accumulated Depreciation	148
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, 2014	5,558
Accumulated Depreciation	53
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, 2014	4,809
Accumulated Depreciation	54
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, 2014	6,049
Accumulated Depreciation	$167