Corporate Property Associates 18 Global (CPYA) 10-Q 9 May 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2014	Apr. 30, 2014	Apr. 30, 2014
		Class A	Class C
Document Entity Information [Abstract]	'	'	'
Document Type	'10-Q	'	'
Document Period End Date	31-Mar-14	'	'
Amendment Flag	'false	'	'
Document Fiscal Year Focus	'2014	'	'
Document Fiscal Period Focus	'Q1	'	'
Current Fiscal Year End Date	'--12-31	'	'
Entity Central Index Key	'0001558235	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Filer Category	'Non-accelerated Filer	'	'
Entity Registrant Name	'Corporate Property Associates 18 Global Incorporated	'	'
Entity Voluntary Filers	'No	'	'
Entity Well Known Seasoned Issuer	'No	'	'
Entity Common Stock Shares Outstanding	'	70,341,509	5,651,346

Consolidated_Balance_Sheets_Un

Consolidated Balance Sheets (Unaudited) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Investments in real estate:	'	'
Real estate, at cost	$411,958	$150,424
Operating real estate, at cost	20,880	0
Accumulated depreciation	-2,277	-824
Net investments in properties	430,561	149,600
Net investment in direct financing leases	30,107	22,064
Net investments in real estate	460,668	171,664
Cash and cash equivalents	333,599	109,061
In-place lease intangible assets, net	106,679	53,337
Below-market ground lease intangible asset, net	17,651	8,224
Other intangible assets, net	10,762	0
Other assets, net	54,422	13,384
Total assets	983,781	355,670
Liabilities:	'	'
Non-recourse debt	200,662	85,060
Bonds payable	52,503	0
Due to affiliate	16,130	5,149
Deferred income taxes	15,053	8,350
Prepaid and deferred rental income	11,038	3,317
Accounts payable, accrued expenses and other liabilities	9,729	1,502
Distributions payable	6,259	1,821
Total liabilities	311,374	105,199
Commitments and contingencies (Note 11)	'	'
CPAB.:18 b Global stockholdersb equity:	'	'
Preferred stock, $0.001 par value; 50,000,000 shares authorized; none issued	0	0
Additional paid-in capital	575,098	215,371
Distributions and accumulated losses	-23,063	-2,567
Accumulated other comprehensive loss	-894	-94
Total CPAB.:18 b Global stockholdersb equity	551,205	212,734
Noncontrolling interests	121,202	37,737
Total equity	672,407	250,471
Total liabilities and equity	983,781	355,670
Class A common stock	'	'
CPAB.:18 b Global stockholdersb equity:	'	'
Common stock	59	21
Class C common stock	'	'
CPAB.:18 b Global stockholdersb equity:	'	'
Common stock	$5	$3

Consolidated_Balance_Sheets_Un1

Consolidated Balance Sheets (Unaudited) (Parentheticals) (USD $)	Mar. 31, 2014	Dec. 31, 2013
CPAB.:18 b Global stockholdersb equity:	'	'
Common stock, par value	$0.00	'
Preferred stock, par value	$0.00	$0.00
Preferred stock, authorized	50,000,000	50,000,000
Preferred Stock, Shares Issued	0	0
Class A common stock	'	'
CPAB.:18 b Global stockholdersb equity:	'	'
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	320,000,000	320,000,000
Common stock, shares issued	59,314,868	21,290,097
Common stock, shares outstanding	59,314,868	21,290,097
Class C common stock	'	'
CPAB.:18 b Global stockholdersb equity:	'	'
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	80,000,000	80,000,000
Common stock, shares issued	4,994,383	2,776,001
Common stock, shares outstanding	4,994,383	2,776,001

Consolidated_Statement_of_Oper

Consolidated Statement of Operations (Unaudited) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2014
Lease revenues:	'
Rental income	$5,659
Interest income from direct financing leases	552
Total lease revenue	6,211
Other real estate income	421
Other operating income	62
Total revenues	6,694
Operating Expenses	'
Acquisition expenses (inclusive of $15,872 to a related party)	18,994
Depreciation and amortization	2,715
General and administrative (inclusive of $104 to a related party)	638
Property expenses (inclusive of $331 to a related party)	627
Other real estate expenses	117
Operating Expenses	23,091
Other Income and Expenses	'
Interest expense (inclusive of $20 to a related party)	-2,076
Other income	230
Other Income and Expenses	-1,846
Loss from continuing operations before income taxes	-18,243
Benefit from income taxes	263
Net Loss	-17,980
Net loss attributable to noncontrolling interests (inclusive of Available Cash Distribution to advisor of $69)	3,743
Net Loss Attributable to CPAB.:18 b Global	-14,237
Class A	'
Other Income and Expenses	'
Net Loss Attributable to CPAB.:18 b Global	-12,856
Weighted average shares outstanding	38,001,011
Net loss per share (in dollars per share)	($0.34)
Distributions declared per share (in dollars per share)	$0.16
Class C	'
Other Income and Expenses	'
Net Loss Attributable to CPAB.:18 b Global	($1,381)
Weighted average shares outstanding	3,820,432
Net loss per share (in dollars per share)	($0.36)
Distributions declared per share (in dollars per share)	$0.13

Consolidated_Statement_of_Oper1

Consolidated Statement of Operations (Unaudited) (Parentheticals) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014
Operating Expenses	'
Acquisition expenses	$18,994
Property expense	627
General and administrative expense	638
Interest expense	2,076
Distributions of available cash	69
Advisor	'
Operating Expenses	'
Acquisition expenses	15,872
Property expense	331
General and administrative expense	104
Interest expense	$20

Consolidated_Statement_of_Comp

Consolidated Statement of Comprehensive Loss (Unaudited) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014
Statement of Comprehensive Income [Abstract]	'
Net Loss	($17,980)
Other Comprehensive Loss:	'
Foreign currency translation adjustments	-461
Change in net unrealized loss on derivative instruments	-663
Other Comprehensive Loss	-1,124
Comprehensive Loss	-19,104
Amounts Attributable to Noncontrolling Interests:	'
Net loss	3,743
Foreign currency translation adjustments	324
Comprehensive loss attributable to noncontrolling interests	4,067
Comprehensive Loss Attributable to CPAB.:18 b Global	($15,037)

Consolidated_Statements_of_Equ

Consolidated Statements of Equity (Unaudited) (USD $)	Total	Class A	Class C	Common Stock	Common Stock	Common Stock	Additional Paid-In Capital	Distributions and Accumulated Losses	Accumulated Other Comprehensive Loss	Total CPA 18 - Global Stockholders	Noncontrolling Interests
In Thousands, except Share data, unless otherwise specified	USD ($)			Class A	Class C	General Common Stock	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)
				USD ($)	USD ($)	USD ($)
Beginning equity balance, value at Dec. 31, 2012	$209	'	'	'	'	$0	$209	'	'	$209	'
Beginning equity balance, shares at Dec. 31, 2012	'	'	'	'	'	23,222	'	'	'	'	'
Statements of Equity	'	'	'	'	'	'	'	'	'	'	'
Renaming of General Shares to Class A common stock, value	0	'	'	0	'	0	'	'	'	0	'
Renaming of General Shares to Class A common stock, shares	'	'	'	23,222	'	-23,222	'	'	'	'	'
Shares issued net of offering cost, value	215,040	'	'	21	3	'	215,016	'	'	215,040	'
Shares issued net of offering cost, shares	'	'	'	21,251,565	2,776,001	'	'	'	'	'	'
Shares issued to affiliate, value	79	'	'	0	'	'	79	'	'	79	'
Shares issued to affiliate, shares	'	'	'	7,903	'	'	'	'	'	'	'
Stock-based compensation, value	67	'	'	0	'	'	67	'	'	67	'
Stock-based compensation, shares	'	'	'	7,407	'	'	'	'	'	'	'
Contributions from noncontrolling interests	38,169	'	'	'	'	'	'	'	'	'	38,169
Distributions to noncontrolling interests	-853	'	'	'	'	'	'	'	'	'	-853
Distributions declared	-1,936	'	'	'	'	'	'	-1,936	'	-1,936	'
Net Loss	-241	'	'	'	'	'	'	-631	'	-631	390
Other Comprehensive Loss:	'	'	'	'	'	'	'	'	'	'	'
Foreign currency translation adjustments	156	'	'	'	'	'	'	'	125	125	31
Change in unrealized loss on derivative instrument	-219	'	'	'	'	'	'	'	-219	-219	'
Ending equity balance, value at Dec. 31, 2013	250,471	'	'	21	3	0	215,371	-2,567	-94	212,734	37,737
Ending equity balance, shares at Dec. 31, 2013	'	21,290,097	2,776,001	21,290,097	2,776,001	0	'	'	'	'	'
Statements of Equity	'	'	'	'	'	'	'	'	'	'	'
Shares issued net of offering cost, value	359,552	'	'	38	2	'	359,512	'	'	359,552	'
Shares issued net of offering cost, shares	'	'	'	38,003,231	2,218,382	'	'	'	'	'	'
Shares issued to affiliate, value	215	'	'	'	'	'	215	'	'	215	'
Shares issued to affiliate, shares	'	'	'	21,540	'	'	'	'	'	'	'
Contributions from noncontrolling interests	95,889	'	'	'	'	'	'	'	'	'	95,889
Distributions to noncontrolling interests	-8,357	'	'	'	'	'	'	'	'	'	-8,357
Distributions declared	-6,259	'	'	'	'	'	'	-6,259	'	-6,259	'
Net Loss	-17,980	'	'	'	'	'	'	-14,237	'	-14,237	-3,743
Other Comprehensive Loss:	'	'	'	'	'	'	'	'	'	'	'
Foreign currency translation adjustments	-461	'	'	'	'	'	'	'	-137	-137	-324
Change in unrealized loss on derivative instrument	-663	'	'	'	'	'	'	'	-663	-663	'
Ending equity balance, value at Mar. 31, 2014	$672,407	'	'	$59	$5	'	$575,098	($23,063)	($894)	$551,205	$121,202
Ending equity balance, shares at Mar. 31, 2014	'	59,314,868	4,994,383	59,314,868	4,994,383	'	'	'	'	'	'

Consolidated_Statements_of_Equ1

Consolidated Statements of Equity (Unaudited) (Parentheticals) (USD $)	3 Months Ended	12 Months Ended
	Mar. 31, 2014	Dec. 31, 2013
Class A	'	'
Statements of Equity	'	'
Distributions declared per share (in dollars per share)	$0.16	$0.27
Class C	'	'
Statements of Equity	'	'
Distributions declared per share (in dollars per share)	$0.13	$0.23

Consolidated_Statement_of_Cash

Consolidated Statement of Cash Flows (Unaudited) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014
Statement of Cash Flows [Abstract]	'
Net Loss	($17,980)
Adjustments to net loss:	'
Depreciation and amortization, including intangible assets and deferred financing costs	2,859
Unrealized gain on foreign currency transactions and others	-3
Realized loss on foreign currency transactions and others	38
Straight-line rent adjustment and amortization of rent-related intangibles	-409
Changes in operating assets and liabilities:	'
Net change in other operating assets and liabilities	15,364
Net Cash Used in Operating Activities	-131
Cash Flows b Investing Activities	'
Acquisitions of real estate and direct financing leases, net of cash acquired	-350,937
Value added taxes, or VAT, paid in connection with acquisition of real estate	-34,071
VAT refunded in connection with acquisition of real estate	2,672
Funds placed in escrow	-5,707
Payment of deferred acquisition fees to an affiliate	-644
Net Cash Used in Investing Activities	-388,687
Cash Flows b Financing Activities	'
Distributions paid	-1,821
Contributions from noncontrolling interests	95,889
Distributions to noncontrolling interests	-8,357
Scheduled payments of mortgage principal	-328
Proceeds from mortgage financing	115,883
Proceeds from bond financing	52,066
Payment of deferred financing costs and mortgage deposits	-1,794
Receipt of tenant security deposits	4,072
Proceeds from issuance of shares, net of issuance costs	357,447
Net Cash Provided by Financing Activities	613,057
Change in Cash and Cash Equivalents During the Period	'
Effect of exchange rate changes on cash and cash equivalents	299
Net increase in cash and cash equivalents	224,538
Cash and cash equivalents, beginning of period	109,061
Cash and cash equivalents, end of period	$333,599

Organization_and_Offering

Organization and Offering	3 Months Ended
	Mar. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Organization and Offering	'
	Organization and Offering
	Organization
	Corporate Property Associates 18 – Global Incorporated, or CPA®:18 – Global, and, together with its consolidated subsidiaries, we, us, or our, is a Maryland corporation formed in September 2012 for the purpose of investing primarily in a diversified portfolio of income-producing commercial real estate properties and other real estate related assets, both domestically and outside the United States, or the U.S. We intend to qualify as a real estate investment trust, or REIT, under the internal revenue code for the taxable year ended December 31, 2013. We are a general partner and a limited partner and own a 99.97% interest in CPA:18 Limited Partnership, a Delaware limited partnership, which is our Operating Partnership. We intend to conduct substantially all of our investment activities and own all of our assets through our Operating Partnership. The Operating Partnership was formed on April 8, 2013. On July 3, 2013, WPC–CPA®:18 Holdings, LLC, or CPA®:18 Holdings, a subsidiary of our sponsor, W. P. Carey Inc., or WPC, acquired a special general partner interest in the Operating Partnership. On August 20, 2013, we acquired our first property. At March 31, 2014, our portfolio was comprised of full or partial ownership interests in 16 properties, all of which were fully occupied and triple-net leased to 13 tenants totaling 3.7 million square feet (unaudited). In addition, our portfolio was comprised of our full ownership interests in two self-storage properties totaling 0.3 million square feet (unaudited).
	We are managed by WPC through Carey Asset Management Corp., or Carey Asset Management or the advisor. Our advisor provides both strategic and day-to-day management services for us, including capital funding services, investment research and analysis, investment financing and other investment related services, asset management, disposition of assets, investor relations and administrative services. W. P. Carey & Co. B.V., an affiliate of our advisor, provides asset management services with respect to our foreign investments.
	On April 8, 2013, with the approval of our board of directors, we amended our articles of incorporation, and as a result, we are authorized to issue 320,000,000 shares of Class A common stock, 80,000,000 shares of Class C common stock, and 50,000,000 shares of preferred stock. All of the authorized shares have a par value of $0.001 per share.
	Public Offering
	On May 7, 2013, our registration statement on Form S-11 (File No. 333-185111), or the Registration Statement, was declared effective by the SEC under the Securities Act of 1933, or the Securities Act. This Registration Statement covers our initial public offering of up to $1.0 billion of common stock, in any combination of Class A common stock and Class C common stock at a price of $10.00 per share of Class A common stock and $9.35 per share of Class C common stock. The Registration Statement also covers the offering of up to $400.0 million in common stock, in any combination of Class A common stock and Class C common stock, pursuant to our distribution reinvestment and stock purchase plan, or DRIP, at a price of $9.60 per share of Class A common stock and $8.98 per share of Class C common stock. Our initial public offering is being made on a “best efforts” basis by Carey Financial, LLC, our dealer manager and a subsidiary of WPC, or Carey Financial, and selected other dealers. The per share amount of distributions on shares of Class A and C common stock will likely differ because of different allocations of class-specific expenses. Specifically, distributions on shares of Class C common stock will be lower than distributions on shares of Class A common stock because shares of Class C common stock are subject to ongoing distribution and shareholder servicing fees (Note 3). We currently intend to sell shares in our initial public offering until May 7, 2015, unless we sell all of the shares sooner; however, our board of directors may decide to extend the offering for up to an additional 18 months, and if so we would announce such extension in a prospectus supplement. In some states, we will need to renew our registration annually in order to continue offering our shares beyond the initial registration period. On July 25, 2013, aggregate subscription proceeds for our Class A and Class C common stock exceeded the minimum offering amount of $2.0 million and we began to admit stockholders. Through March 31, 2014, we raised gross offering proceeds for our Class A common stock and Class C common stock of $589.8 million and $46.5 million, respectively. The gross offering proceeds raised exclude reinvested distributions through the DRIP of $0.9 million and $0.2 million for our Class A common stock and Class C common stock, respectively. See Note 13 for additional information regarding the discontinuation of the offering of Class A shares.

Basis_of_Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Basis of Presentation	'
	Basis of Presentation
	Basis of Presentation
	Our interim consolidated financial statements have been prepared, without audit, in accordance with the instructions to Form 10-Q and, therefore, do not necessarily include all information and footnotes necessary for a fair statement of our consolidated financial position, results of operations and cash flows in accordance with accounting principles generally accepted in the U.S., or GAAP.
	In the opinion of management, the unaudited financial information for the interim periods presented in this Report reflects all normal and recurring adjustments necessary for a fair statement of financial position, results of operations and cash flows. Our interim consolidated financial statements should be read in conjunction with our audited consolidated financial statements and accompanying notes for the year ended December 31, 2013, which are included in the 2013 Annual Report, as certain disclosures that would substantially duplicate those contained in the audited consolidated financial statements have not been included in this Report. Operating results for interim periods are not necessarily indicative of operating results for an entire fiscal year.
	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts and the disclosure of contingent amounts in our consolidated financial statements and the accompanying notes. Actual results could differ from those estimates.
	We had no operating activity prior to April 8, 2013 and acquired our first investment on August 20, 2013. As such, consolidated results of operations and cash flows for the three months ended March 31, 2013 have not been presented.
	Basis of Consolidation
	Our consolidated financial statements reflect all of our accounts, including those of our controlled subsidiaries. The portion of equity in a consolidated subsidiary that is not attributable, directly or indirectly, to us is presented as noncontrolling interests. All significant intercompany accounts and transactions have been eliminated.
	When we obtain an economic interest in an entity, we evaluate the entity to determine if it is deemed to be a variable interest entity, or VIE, and, if so, whether we are deemed to be the primary beneficiary and are therefore required to consolidate the entity. We review the contractual arrangements provided for in the partnership agreement or other related contracts to determine whether the entity is considered a VIE, and to establish whether we have any variable interests in the VIE. We then compare our variable interests, if any, to those of the other variable interest holders to determine which party is the primary beneficiary of a VIE based on whether the entity (i) has the power to direct the activities that most significantly impact the economic performance of the VIE, and (ii) has the obligation to absorb losses or the right to receive benefits of the VIE that could potentially be significant to the VIE. During the three months ended March 31, 2014, we made several new investments (Note 4) that we evaluated for VIE purposes. We have concluded that none of our investments through March 31, 2014 qualify as a VIE.
	For an entity that is not considered to be a VIE but rather a voting interest entity, or VOE, the general partners in a limited partnership (or similar entity) are presumed to control the entity regardless of the level of their ownership and, accordingly, may be required to consolidate the entity. We evaluate the partnership agreements or other relevant contracts to determine whether there are provisions in the agreements that would overcome this presumption. If the agreements provide the limited partners with either (a) the substantive ability to dissolve or liquidate the limited partnership or otherwise remove the general partners without cause or (b) substantive participating rights, the limited partners’ rights overcome the presumption of control by a general partner of the limited partnership, and, therefore, the general partner must account for its investment in the limited partnership using the equity method of accounting.
	Based on our evaluation, we determined that our Operating Partnership was not a VIE but should be consolidated as we control all decisions regarding our Operating Partnership. We account for the special general partner interest held by CPA®:18 Holdings in the Operating Partnership as a noncontrolling interest.
	Recent Accounting Requirement
	The following Accounting Standard Update, or ASU, promulgated by the Financial Accounting Standards Board, or FASB, is applicable to us:
	ASU 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360). ASU 2014-08 changes the requirements for reporting discontinued operations. A discontinued operation may include a component of an entity or a group of components of an entity, or a business. Under this new guidance, a disposal of a component of an entity or a group of components of an entity is required to be reported in discontinued operations if the disposal represents a “strategic shift that has or will have a major effect on an entity’s operations and financial results.” The new guidance also requires disclosures including pre-tax profit or loss and significant gains or losses arising from dispositions that represent an “individually significant component of an entity,” but do not meet the criteria to be reported as discontinued operations under ASU 2014-08. In the ordinary course of business, we may sell properties, which, under prior accounting guidance, would have been reported each as discontinued operations; however, under ASU 2014-08 such property dispositions typically would not meet the criteria to be reported as discontinued operations. We elected to early adopt ASU 2014-08 prospectively for any dispositions after December 31, 2013. Consequently, individually significant operations that are sold or classified as held-for-sale during 2014 will not be reclassified to discontinued operations in the consolidated statements of income, but will be disclosed in the Notes to the consolidated financial statements. This ASU did not have a significant impact on our financial position or results of operations for any of the periods presented.

Agreements_and_Transactions_wi

Agreements and Transactions with Related Parties	3 Months Ended
	Mar. 31, 2014
Related Party Transactions [Abstract]	'
Agreements and Transactions with Related Parties	'
	Agreements and Transactions with Related Parties
	On May 7, 2013, we entered into an advisory agreement with the advisor to perform certain services for us under a fee arrangement, including the identification, evaluation, negotiation, purchase, and disposition of real estate and related assets and mortgage loans, day-to-day management, and the performance of certain administrative duties. The term of the advisory agreement is through September 30, 2014 and is scheduled to renew annually thereafter with our approval.
	The following tables present a summary of fees we paid and expenses we reimbursed to the advisor and other affiliates in accordance with the terms of the related agreements (in thousands):
				Three Months Ended
				March 31, 2014
	Amounts Included in the Consolidated Statement of Operations:
	Acquisition expenses			$	15,872
	Asset management fees			331
	Available Cash Distribution			69
	Interest expense on deferred acquisition fees			20
	Personnel and overhead reimbursements			16
	Shareholder servicing fee			88
				$	16,396
	Other Transaction Fees Incurred:
	Selling commissions and dealer manager fees			$	38,670
	Current acquisition fees			471
	Deferred acquisition fees			484
	Offering costs			798
				$	40,423
		31-Mar-14		December 31, 2013
	Due to Affiliate:
	Deferred acquisition fees, including interest	$	9,546	$	2,705
	Accounts payable	6,414		2,406
	Asset management fees payable	154		38
	Reimbursable costs	16		—
		$	16,130	$	5,149
	Organization and Offering Costs
	Pursuant to the advisory agreement with the advisor, we are liable for certain expenses related to our initial public offering, which include filing, legal, accounting, printing, advertising, transfer agent, and escrow fees, and are to be deducted from the gross proceeds of the offering. We will reimburse Carey Financial or selected dealers for reasonable bona fide due diligence expenses incurred that are supported by a detailed and itemized invoice. The total underwriting compensation to Carey Financial and selected dealers in connection with the offering cannot exceed limitations prescribed by the Financial Industry Regulatory Authority, Inc. The advisor has agreed to be responsible for the repayment of organization and offering expenses (excluding selling commissions and dealer manager fees paid to Carey Financial and selected dealers and fees paid and expenses reimbursed to selected dealers) that exceed in the aggregate 2.0% of the gross proceeds from the initial public offering if the gross proceeds are $500.0 million or more but less than $750.0 million, and 1.5% of the gross proceeds from the initial public offering if the gross proceeds are $750.0 million or more. Since inception and through March 31, 2014, the advisor has incurred organization and offering costs of $0.1 million and $5.8 million, respectively, on our behalf, of which we repaid $5.2 million. We recorded a liability to the advisor for the remaining unpaid offering costs based on our estimate of expected gross offering proceeds.
	Loan from WPC
	Our board of directors and the board of directors of WPC have approved unsecured loans from WPC to us of up to $100.0 million, in the aggregate, at a rate equal to the rate at which WPC is able to borrow funds under its senior credit facility, for the purpose of facilitating acquisitions approved by our advisor’s investment committee that we would not otherwise have sufficient available funds to complete, with any loans to be made solely at the discretion of the management of WPC. We did not borrow any funds from WPC during the three months ended March 31, 2014 nor do we have any amounts outstanding at March 31, 2014.
	Asset Management Fees
	Pursuant to the advisory agreement, the advisor is entitled to an annual asset management fee ranging from 0.5% to 1.5%, depending on the type of investment and based on the average market value or average equity value, as applicable, of our investments. The asset management fees are payable in cash or shares of our Class A common stock at the option of the advisor. If the advisor elects to receive all or a portion of its fees in shares, the number of shares issued is determined by dividing the dollar amount of fees by our most recently published estimated net asset value per share, or NAV, or, if an NAV has not yet been published, as currently is the case, $10.00 per share, which is the price at which our Class A shares are being sold in our initial public offering. For 2013 and 2014, the advisor elected to receive its asset management fees in shares of our Class A common stock. At March 31, 2014, the advisor owned 52,665 shares (0.1%) of our outstanding Class A common stock. Asset management fees are included in Property expenses in the consolidated statement of operations.
	Selling Commissions and Dealer Manager Fees
	On May 7, 2013, we entered into a dealer manager agreement with Carey Financial, whereby Carey Financial receives a selling commission, depending on the class of common stock sold, of $0.70 and $0.14 per share sold and a dealer manager fee of $0.30 and $0.21 per share sold for the Class A and Class C common stock, respectively. These amounts are recorded in Additional paid-in capital in the consolidated financial statements.
	Carey Financial also receives an annual distribution and shareholder servicing fee in connection with sales of our Class C common stock. The amount of the shareholder servicing fee will be 1.0% of the selling price per share (or, once reported, the amount of our NAV) for the Class C common stock in our initial public offering. The shareholder servicing fee accrues daily and is payable quarterly in arrears. We will no longer incur the shareholder servicing fee beginning on the date at which, in the aggregate, underwriting compensation from all sources, including the shareholder servicing fee, any organizational and offering fee paid for underwriting and underwriting compensation paid by WPC and its affiliates, equals 10.0% of the gross proceeds from our initial public offering, which we have not yet reached. The shareholder servicing fee for the three months ended March 31, 2014 was less than $0.1 million and is included in General and administrative on the consolidated statement of operations. See Note 13 for additional information regarding the discontinuation of the offering of Class A shares.
	Acquisition and Disposition Fees
	The advisor receives acquisition fees, a portion of which is payable upon acquisition and the payment of the remaining portion is subordinated to a preferred return, a non-compounded cumulative distribution of 5.0% per annum (based initially on our invested capital). The initial acquisition fee and subordinated acquisition fee are 2.5% and 2.0%, respectively, of the aggregate total cost of our portion of each investment for all investments other than those in readily-marketable real estate securities purchased in the secondary market, for which the advisor will not receive any acquisition fees. Deferred acquisition fees are scheduled to be paid in three equal annual installments following the quarter on which a property was purchased. Unpaid deferred acquisition fees are included in Due to affiliates in the consolidated financial statements. The total acquisition fees to be paid (initial and subordinated, and including interest thereon) will not exceed 6.0% of the aggregate contract purchase price of all investments and loans.
	In addition, pursuant to the advisory agreement, the advisor may be entitled to receive a disposition fee in an amount equal to the lesser of (i) 50.0% of the competitive real estate commission (as defined in the advisory agreement) or (ii) 3.0% of the contract sales price of the investment being sold; however, payment of such fees is subordinated to the 5.0% preferred return. These fees, which are paid at the discretion of our board of directors, are deferred and are payable to the advisor only in connection with a liquidity event.
	Personnel and Overhead Reimbursements
	Under the terms of the advisory agreement, the advisor allocates a portion of its personnel and overhead expenses to us and the other publicly-owned, non-listed REITs that are managed by our advisor under the Corporate Property Associates brand name, or the CPA® REITs, and Carey Watermark Investors Incorporated, or CWI, which is a publicly-owned non-listed REIT sponsored by WPC.
	We reimburse the advisor for various expenses it incurs in the course of providing services to us. We reimburse certain third-party expenses paid by the advisor on our behalf, including property-specific costs, professional fees, office expenses and business development expenses. In addition, we reimburse the advisor for the allocated costs of personnel and overhead in managing our day-to-day operations, including accounting services, stockholder services, corporate management, and property management and operations. We do not reimburse the advisor for the cost of personnel if these personnel provide services for transactions for which the advisor receives a transaction fee, such as acquisitions and dispositions. Personnel and overhead reimbursements are included in General and administrative expenses in the consolidated financial statements.
	Excess Operating Expenses
	The advisory agreement provides that, for any four trailing quarters (with quoted variables as defined in the advisory agreement), “operating expenses” may not exceed the greater of 2.0% of our “average invested assets” or 25.0% of our “adjusted net income.” For the year ended December 31, 2013, we charged back less than $0.1 million to the advisor as excess operating expenses pursuant to the limitation described above. Our board of directors may elect to repay the advisor for such excess operating expenses in its sole discretion. For the first quarter of 2014, our operating expenses were below the 2.0%/25.0% threshold.
	Available Cash Distributions
	CPA®:18 Holdings’ interest in the Operating Partnership entitles it to receive distributions of 10.0% of the available cash generated by the Operating Partnership, referred to as the Available Cash Distribution. During the three months ended March 31, 2014, we made less than $0.1 million of such distributions. Available Cash Distributions are included in Net loss attributable to noncontrolling interests in the consolidated financial statements.
	Jointly-Owned Investments and Other Transactions with Affiliates
	At March 31, 2014, we owned interests ranging from 50% to 80% in three jointly-owned investments, with the remaining interests held by one of the CPA® REITs, Corporate Property Associates 17 – Global Incorporated, or CPA®:17 – Global. We consolidate all of these investments and we account for CPA®:17 – Global’s equity investments as noncontrolling interests.

Net_Investments_in_Properties

Net Investments in Properties	3 Months Ended
	Mar. 31, 2014
Real Estate [Abstract]	'
Net Investments in Properties	'
	Net Investments in Properties
	Real Estate
	Real estate, which consists of land and buildings leased to others, at cost, and which are subject to operating leases, is summarized as follows (in thousands):
		31-Mar-14				December 31, 2013
	Land	$	67,039			$	36,636
	Building	344,919				113,788
	Less: Accumulated depreciation	(2,200		)		(824		)
		$	409,758			$	149,600
	Operating Real Estate
	Operating real estate, which consists of our self-storage operations, at cost, is summarized as follows (in thousands):
		March 31, 2014				December 31, 2013
	Land	$	6,565			$	—
	Building	14,315				—
	Less: Accumulated depreciation	(77		)		—
		$	20,803			$	—
	2014 Acquisitions
	During the three months ended March 31, 2014, we acquired eight new investments, two of which were considered to be asset acquisitions, five which were considered to be business combinations, and one was considered to be a direct financing lease (Note 5).
	Real Estate Asset Acquisitions
	During the three months ended March 31, 2014, we entered into two domestic investments that were deemed to be real estate asset acquisitions because we entered into new leases in connection with the acquisitions, at a total cost of $11.7 million, including lease intangible assets of $2.8 million (Note 7), and acquisition-related costs and fees of $0.7 million, which were capitalized. A portion of the transaction fees capitalized include current and deferred acquisition fees paid and payable to our advisor, respectively (Note 3).
	Business Combinations
	Bank Pekao S.A. — On March 31, 2014, we acquired a 50% controlling interest in a jointly-owned investment, which is co-owned by our affiliate, CPA®:17 – Global, and on that date acquired the Bank Pekao S.A., or Bank Pekao, office headquarters located in Warsaw, Poland from an unaffiliated third party. The jointly-owned investment acquired real estate assets and intangibles of $147.9 million, with our portion of the investment totaling $74.0 million. CPA®:17 – Global’s equity investment was $74.0 million, which we account for as a noncontrolling interest. We have concluded that we will consolidate this entity as we are the managing member and the non-managing member does not have substantive participating or “kick-out” rights. This office facility is subject to multiple leases, of which Bank Pekao is the largest tenant and occupies over 98% of the rental space. Bank Pekao’s triple-net lease will expire on May 15, 2023 unless extended at the option of the lessee. The rent for this lease is subject to annual Harmonized Index of Consumer Prices, or HICP, which is an indicator of inflation and price stability for the European Central Bank. Because we assumed the seller’s lease, we account for this acquisition as a business combination, and as a result, we expensed acquisition costs of $8.4 million, which include acquisition fees paid to the advisor (Note 3). There was no debt financing obtained for this acquisition as of March 31, 2014. Upon acquisition, we placed certain funds in escrow, which we considered to be restricted cash. At March 31, 2014, $0.6 million of restricted cash related to the Bank Pekao investment is included in Other assets, net on the consolidated balances sheets. We recorded a deferred tax asset of $1.9 million related to this investment, which was fully offset by a valuation allowance as we currently estimate that it is more likely than not that we will unable to recover this asset.
	Siemens AS — On February 27, 2014, we acquired a Siemens AS, or Siemens, office headquarters located in Oslo, Norway from an unaffiliated third party for $82.0 million. This facility consists of an office building and three underground parking floors, which Siemens leases except for a portion of the underground parking. These triple-net leases expire on December 14, 2025 with two 10-year renewal options and rent subject to annual Norwegian krone, or NOK, consumer price index, or CPI, indexation. Because we assumed the seller’s lease, we account for this acquisition as a business combination, and as a result, we expensed acquisition costs of $5.2 million, which include acquisition fees paid to the advisor (Note 3). Debt was incurred at closing through the issuance of privately placed bonds indexed to inflation in the amount of $52.1 million (NOK 315.0 million) (Note 10). In conjunction with this acquisition, we placed certain funds in escrow for costs related to (i) ongoing construction on the property that the seller is obligated to complete and (ii) a pre-existing contractor dispute that was assumed in the acquisition. Funds for the ongoing construction and contractor dispute will be released when the construction has been completed and a binding settlement is reached, respectively. At March 31, 2014, $4.0 million of restricted cash related to the Siemens property is included in Other assets, net on the consolidated balances sheets. Because we acquired stock in a subsidiary of the seller to complete the acquisition, this investment is considered to be a share transaction, and as a result, we assumed the tax basis of the entity that we purchased and recorded a deferred tax liability of $7.0 million and goodwill in the same amount.
	Solo Cup — On February 3, 2014, we acquired a distribution center located in University Park, Illinois from an unaffiliated third party for $80.7 million. The property is leased to Solo Cup Operating Company, or Solo Cup. This triple-net lease expires on September 30, 2023, has two 5-year renewal options and includes fixed-rent escalations. Because we assumed the seller’s lease, we account for this acquisition as a business combination, and as a result, we expensed acquisition costs of $3.9 million, which include acquisition fees paid to the advisor (Note 3). Simultaneously, we entered into a mortgage loan in the amount of $47.3 million (Note 10).
	St. Petersburg Self-Storage Facility — On January 23, 2014, we acquired a self-storage facility from an unaffiliated third party for $11.6 million located in St. Petersburg, Florida. We refer to this facility as St. Petersburg Self Storage. In connection with this transaction, we expensed acquisition costs of $0.7 million, which include acquisition fees paid to the advisor (Note 3). On January 23, 2014, we entered into a mortgage loan in the amount of $14.5 million that we split between St. Petersburg Self Storage and Kissimmee Self Storage (described below), which are jointly and severally liable for any possible defaults on the loan (Note 10).
	Kissimmee Self-Storage Facility — On January 22, 2014, we acquired a self-storage facility from an unaffiliated third party for $11.7 million located in Kissimmee, Florida. We refer to this facility as Kissimmee Self Storage. In connection with this transaction, we expensed acquisition costs of $0.6 million, which include acquisition fees paid to the advisor (Note 3).
	The impact on the carrying value of our Real estate due to the strengthening of the U.S. dollar relative to foreign currencies during the three months ended March 31, 2014 was immaterial.
	2013 Acquisitions
	In 2013 we made three investments in which we acquired certain properties leased to State Farm Automobile Company, or State Farm, Konzum d. d., or Agrokor, and Crowne Group Inc., or Crowne Group.
	The following tables present a summary of assets acquired and liabilities assumed in these business combinations, each at the date of acquisition, and revenues and earnings thereon, since their respective dates of acquisition through March 31, 2014 (in thousands):
			2014 Business Combinations (a)
			Bank Pekao				Siemens			Solo Cup			St. Petersburg Self Storage			Kissimmee Self Storage
	Cash Consideration		$	73,952			$	82,019		$	80,650		$	11,550		$	11,735
	Assets acquired at fair value:
	Land		$	—			$	14,362		$	13,748		$	3,258		$	3,306
	Building		112,676				59,219			52,135			7,128			7,187
	In-place lease intangibles assets		23,471				10,528			15,394			1,201			1,221
	Above-market rent intangible assets		3,014				—			773			—			—
	Below-market ground lease		9,456				—			—			—			—
	Other assets assumed		—				2,820			—			7			24
			148,617				86,929			82,050			11,594			11,738
	Liabilities assumed at fair value:
	Below-market rent intangible liabilities		(713		)		—			(1,400		)	—			—
	Deferred income taxes		—				(6,982		)	—			—			—
	Other liabilities assumed		—				(4,910		)	—			(44		)	(3		)
			(713		)		(11,892		)	(1,400		)	(44		)	(3		)
	Total identifiable net assets		147,904				75,037			80,650			11,550			11,735
	Amounts attributable to noncontrolling interests		(73,952		)		—			—			—			—
	Goodwill		—				6,982			—			—			—
			$	73,952			$	82,019		$	80,650		$	11,550		$	11,735
			2014 Business Combinations
			Bank Pekao				Siemens			Solo Cup			St. Petersburg Self Storage			Kissimmee Self Storage
			For the Period from
			March 31, 2014 through				February 27, 2014 through			February 3, 2014 through			January 23, 2014 through			January 22, 2014 through
			31-Mar-14				31-Mar-14			31-Mar-14			31-Mar-14			31-Mar-14
	Revenues		$	1			$	531		$	998		$	201		$	220
	Net loss		$	(8,481	)		$	(5,559	)	$	(3,930	)	$	(749	)	$	(638	)
	Net loss attributable to noncontrolling interests		4,238				—			—			—			—
	Net loss attributable to CPA®:18 – Global stockholders		$	(4,243	)		$	(5,559	)	$	(3,930	)	$	(749	)	$	(638	)
	___________
	(a)	The purchase price was allocated to the assets acquired and liabilities assumed based upon their preliminary fair values. The information in this table is based on the best estimates of management as of the date of this Report. We are in the process of finalizing our assessment of the fair value of the assets acquired and liabilities assumed. Accordingly, the fair value of these assets acquired and liabilities assumed are subject to change.
	Pro Forma Financial Information
	The following unaudited consolidated pro forma financial information presents our financial results as if the business combination acquisitions we completed during the three months ended March 31, 2014, and the new financings related to these acquisitions, had occurred on January 1, 2014. The pro forma financial information is not necessarily indicative of what the actual results would have been had the acquisitions actually occurred on January 1, 2014, nor does it purport to represent the results of operations for future periods.
	(Dollars in thousands, except share and per share amounts)
		Three Months Ended
		March 31, 2014
Pro forma total revenues		$	10,011
Pro forma net loss		(18,019		)
Loss attributable to noncontrolling interests		3,608
Pro forma net loss attributable to CPA®:18 – Global		$	(14,411	)
Pro forma net loss per Class A share:
Net loss Attributable to CPA®:18 – Global		$	(13,015	)
Weighted average shares outstanding		38,001,011
Net loss per share		$	(0.34	)
Pro forma net loss per Class C share:
Net loss Attributable to CPA®:18 – Global		$	(1,396	)
Weighted average shares outstanding		3,820,432
Net loss per share		$	(0.37	)

Finance_Receivables

Finance Receivables	3 Months Ended
	Mar. 31, 2014
Receivables [Abstract]	'
Financing Receivables	'
	Finance Receivable
	Assets representing rights to receive money on demand or at fixed or determinable dates are referred to as finance receivables. Our finance receivable portfolio consists of our Net investment in the direct financing lease described below. Operating leases are not included in finance receivables as such amounts are not recognized as an asset in the consolidated balance sheets.
	Crowne Group Investment
	On March 7, 2014, we entered into a domestic net lease financing transaction with a subsidiary of Crowne Group from which we acquired two industrial facilities located in Michigan. The total cost was $8.0 million, including land of $1.0 million, building of $6.8 million and transaction costs of $0.2 million that were capitalized. This is a follow-on transaction to the acquisition that we completed with Crowne Group in December 2013. We amended the existing lease with Crowne Group to include the two new properties in Michigan. The amended lease now encompasses a total of five properties, all of which are leased for a 25-year term. Crowne Group will continue to serve as the guarantor under the lease.
	Net investment in direct financing lease is summarized as follows (in thousands):
		March 31, 2014			December 31, 2013
	Minimum lease payments receivable	$	67,144		$	50,006
	Unguaranteed residual value	30,107			22,064
		97,251			72,070
	Less: unearned income	(67,144		)	(50,006		)
		$	30,107		$	22,064
	Credit Quality of Finance Receivables
	We generally seek investments in facilities that we believe are critical to a tenant’s business and that we believe have a low risk of tenant defaults. At both March 31, 2014 and December 31, 2013, the balance of our only finance receivable was not past due and we had not established any allowances for credit losses. We evaluate the credit quality of our finance receivables utilizing an internal five-point credit rating scale, with one representing the highest credit quality and five representing the lowest. The credit quality evaluation of our finance receivables was last updated in the first quarter of 2014. At both March 31, 2014 and December 31, 2013, our sole finance receivable had an internal credit rating of three.
	At March 31, 2014, Other assets, net included $0.2 million of accounts receivable related to amounts billed under this direct financing lease. We did not have any outstanding account receivables related to the aforementioned direct financing lease at December 31, 2013.

Cash_Flow_Information

Cash Flow Information	3 Months Ended
	Mar. 31, 2014
Additional Cash Flow Elements and Supplemental Cash Flow Information [Abstract]	'
Cash Flow Information	'
	Cash Flow Information
	Supplemental Non-cash Investing and Financing Activities:
	A summary of our non-cash investing and financing activities for the periods presented is as follows (in thousands):
			Three Months Ended
			March 31, 2014
	Deferred tax liability (Note 4) (a)		$	6,936
	Deferred acquisition costs (a)		412
	Deferred offering costs (Note 3) (a)		798
	Seller paid costs capitalized		228
	Due to affiliates (Note 3)		1,209
	Unsettled sales of common stock (Note 12)		7,805
	Deferred offering costs equity charge (a)		2,507
	Deferred financing costs (a)		127
	Asset management fees settled in Class A shares (Note 3) (a)		215
	First quarter distributions declared (a)		6,259
	___________
	(a)	Represents items that would be negative if they were to appear within investing and financing activities on consolidated statement of cash flows.

Intangible_Assets_and_Liabilit

Intangible Assets and Liabilities	3 Months Ended
	Mar. 31, 2014
Intangible Assets And Liabilities [Abstract]	'
Intangible Assets and Liabilities	'
	Intangible Assets and Liabilities
	In connection with our acquisitions of properties (Note 4), we have recorded net lease intangibles that are being amortized over periods ranging from two years to 20 years. In addition, we have ground leases with that are being amortized over periods of up to 99 years. In-place lease intangibles are included in In-place lease intangible assets, net in the consolidated balance sheets. Below-market ground lease intangibles are included in Below-market ground lease intangible asset, net on the consolidated balance sheets. Above-market rent intangibles are included in Other intangible assets, net on the consolidated balance sheets. Below-market rent intangibles are included in Prepaid and deferred rental income on the consolidated balance sheets.
	In connection with our investment activity during the three months ended March 31, 2014, we have recorded net lease intangibles comprised as follows (life in years, dollars in thousands):
		Weighted-Average Life		Amount
	Amortizable Intangible Assets
	In-place lease	9.8		$	54,577
	Below-market ground lease	76		9,455
	Above-market rent	9.2		3,787
	Total intangible assets			$	67,819
	Amortizable Intangible Liabilities
	Below-market rent	16.1		$	(2,112	)
	Goodwill is included in Other intangible assets, net on the consolidated balance sheets. The following table presents a reconciliation of our goodwill (in thousands):
			Total
	Balance at January 1, 2014		$	—
	Acquisition of Siemens (a)		6,982
	Balance at March 31, 2014		$	6,982
	___________
	(a)	Represents the consideration exceeding the fair value of the assets acquired and liabilities assumed in our Siemens acquisition (Note 4).
	Intangible assets and liabilities are summarized as follows (in thousands):
		March 31, 2014										December 31, 2013
		Gross Carrying Amount				Accumulated Amortization			Net Carrying Amount			Gross Carrying Amount			Accumulated Amortization			Net Carrying Amount
	Amortizable Intangible Assets
	Lease intangibles:
	In-place lease	$	108,441			$	(1,762	)	$	106,679		$	53,832		$	(495	)	$	53,337
	Below-market ground lease	17,675				(24		)	17,651			8,227			(3		)	8,224
	Above-market rent	3,787				(7		)	3,780			—			—			—
		129,903				(1,793		)	128,110			62,059			(498		)	61,561
	Unamortizable Intangible Assets
	Goodwill	6,982				—			6,982			—			—			—
	Total intangible assets	$	136,885			$	(1,793	)	$	135,092		$	62,059		$	(498	)	$	61,561
	Amortizable Intangible Liabilities
	Below-market rent	$	(3,759	)		$	80		$	(3,679	)	$	(1,647	)	$	40		$	(1,607	)
	Net amortization of intangibles, including the effect of foreign currency translation, was $1.3 million for the three months ended March 31, 2014. Amortization of below-market and above-market rent is recorded as an adjustment to Lease revenues on the consolidated statement of operations. We amortize in-place lease intangibles to Depreciation and amortization expense on the consolidated statement of operations over the remaining initial term of each lease. Amortization of below-market ground lease intangibles is included in Property expenses on the consolidated statement of operations.
	Based on the intangible assets and liabilities recorded at March 31, 2014, scheduled annual net amortization of intangibles for the remainder of 2014, each of the next four calendar years following December 31, 2014, and thereafter is as follows (in thousands):
	Years Ending December 31,		Net Decrease (Increase) in Rental Revenue				Increase to Amortization/Property Expense			Net
	2014 (remaining)		$	98			$	6,895		$	6,993
	2015		130				9,194			9,324
	2016		121				9,194			9,315
	2017		102				6,933			7,035
	2018		102				8,426			8,528
	Thereafter		(452		)		83,688			83,236
			$	101			$	124,330		$	124,431

Fair_Value_Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Measurements	'
	Fair Value Measurements
	The fair value of an asset is defined as the exit price, which is the amount that would either be received when an asset is sold or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The guidance establishes a three-tier fair value hierarchy based on the inputs used in measuring fair value. These tiers are: Level 1, for which quoted market prices for identical instruments are available in active markets, such as money market funds, equity securities, and U.S. Treasury securities; Level 2, for which there are inputs other than quoted prices included within Level 1 that are observable for the instrument, such as certain derivative instruments including an interest rate cap and swaps; and Level 3, for securities and other derivative assets that do not fall into Level 1 or Level 2 and for which little or no market data exists, therefore requiring us to develop our own assumptions.
	Items Measured at Fair Value on a Recurring Basis
	The methods and assumptions described below were used to estimate the fair value of each class of financial instrument. For significant Level 3 items, we have also provided the unobservable inputs along with their weighted-average ranges.
	Derivative Assets — Our derivative assets, which are included in Other assets, net in the consolidated financial statements, are comprised of foreign currency forward contracts (Note 9). These derivatives were measured at fair value using readily observable market inputs, such as quotations on interest rates, and were classified as Level 2 as these instruments are custom, over-the-counter contracts with various bank counterparties that are not traded in an active market.
	Derivative Liabilities — Our derivative liabilities, which are included in Accounts payable, accrued expenses and other liabilities in the consolidated financial statements, are comprised of interest rate swaps and foreign currency forward contracts (Note 9). These derivatives were measured at fair value using readily observable market inputs, such as quotations on interest rates, and were classified as Level 2 because they are custom, over-the-counter contracts with various bank counterparties that are not traded in an active market.
	We did not have any transfers into or out of Level 1, Level 2, or Level 3 measurements during the three months ended March 31, 2014. Gains and losses (realized and unrealized) included in earnings are reported in Other income and (expenses) in the consolidated financial statements.
	Our other financial instruments had the following carrying values and fair values as of the dates shown (in thousands):
			31-Mar-14				31-Dec-13
		Level	Carrying Value		Fair Value		Carrying Value		Fair Value
	Debt (a)	3	$	253,165	$	254,014	$	85,060	$	85,060
	Deferred acquisition fees payable (b)	3	9,546		9,139		2,705		2,705
	___________
	(a)	We determined the estimated fair value of these financial instruments using a discounted cash flow model with rates that take into account the credit of the tenant/obligor and interest rate risk. We also considered the value of the underlying collateral taking into account the quality of the collateral, the credit quality of the tenant/obligor, the time until maturity and the current market interest rate.
	(b)	We determined the estimated fair value of our deferred acquisition fees based on an estimate of discounted cash flows using two significant unobservable inputs, which are the leverage adjusted unsecured spread and an illiquidity adjustment of 120 basis points and 75 basis points, respectively. Significant increases or decreases to these inputs in isolation would result in a significant change in the fair value measurement.
	We estimated that our other financial assets and liabilities (excluding net investments in direct financing leases) had fair values that approximated their carrying values at both March 31, 2014 and December 31, 2013.

Risk_Management_and_Use_of_Der

Risk Management and Use of Derivative Financial Instruments	3 Months Ended
	Mar. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Risk Management and Use of Derivative Financial Instruments	'
	Risk Management and Use of Derivative Financial Instruments
	Risk Management
	In the normal course of our ongoing business operations, we encounter economic risk. There are three main components of economic risk that impact us: interest rate risk, credit risk and market risk. We are primarily subject to interest rate risk on our interest-bearing assets and liabilities. Credit risk is the risk of default on our operations and our tenants’ inability or unwillingness to make contractually required payments. Market risk includes changes in the value of our properties and related loans as well as changes in the value of our other investments due to changes in interest rates or other market factors. In addition, we own investments in Europe and are subject to the risks associated with changing foreign currency exchange rates.
	Derivative Financial Instruments
	When we use derivative instruments, it is generally to reduce our exposure to fluctuations in interest rates and foreign currency exchange rate movements. We have not entered, and do not plan to enter, into financial instruments for trading or speculative purposes. In addition to derivative instruments that we entered into on our own behalf, we may also be a party to derivative instruments that are embedded in other contracts, and we may own common stock warrants, granted to us by lessees when structuring lease transactions, which are considered to be derivative instruments. The primary risks related to our use of derivative instruments include default by a counterparty to a hedging arrangement on its obligation and a downgrade in the credit quality of a counterparty to such an extent that our ability to sell or assign our side of the hedging transaction is impaired. While we seek to mitigate these risks by entering into hedging arrangements with counterparties that are large financial institutions that we deem to be creditworthy, it is possible that our hedging transactions, which are intended to limit losses, could adversely affect our earnings. Furthermore, if we terminate a hedging arrangement, we may be obligated to pay certain costs, such as transaction or breakage fees. We have established policies and procedures for risk assessment and the approval, reporting and monitoring of derivative financial instrument activities.
	We measure derivative instruments at fair value and record them as assets or liabilities, depending on our rights or obligations under the applicable derivative contract. Derivatives that are not designated as hedges must be adjusted to fair value through earnings. For a derivative designated and that qualified as a cash flow hedge, the effective portion of the change in fair value of the derivative is recognized in Other comprehensive loss until the hedged item is recognized in earnings. The ineffective portion of a derivative’s change in fair value is immediately recognized in earnings. The ineffective portion of the change in fair value of the derivative is recognized directly in earnings. Amounts are reclassified out of Other comprehensive loss into earnings when the hedged investment is either sold or substantially liquidated.
	The following table sets forth certain information regarding our derivative instruments (in thousands):
					Asset Derivatives Fair Value at							Liability Derivatives Fair Value at
	Derivative Designated as Hedging Instruments		Balance Sheet Location		31-Mar-14				31-Dec-13			31-Mar-14			December 31, 2013
	Foreign currency forward contracts		Other assets, net		$	5			$	—		$	—		$	—
	Foreign currency forward contracts		Accounts payable, accrued expenses and other liabilities		—				—			(296		)	—
	Interest rate swaps		Accounts payable, accrued expenses and other liabilities		—				—			(591		)	(219		)
					$	5			$	—		$	(887	)	$	(219	)
	All derivative transactions with an individual counterparty are governed by a master International Swap and Derivatives Association agreement, which can be considered as a master netting arrangement; however, we report all our derivative instruments on a gross basis on our consolidated balance sheets. At both March 31, 2014 and December 31, 2013, no cash collateral had been posted or received for any of our derivative positions.
	The following tables present the impact of our derivative instruments on the consolidated financial statements (in thousands):
			Amount of Loss
			Recognized in
			Other Comprehensive
			Loss on
			Derivatives (Effective
			Portion)
	Derivatives in Cash Flow Hedging Relationships		Three Months Ended
			March 31, 2014
	Interest rate swaps		$	372
	Foreign currency forward contracts		291
	Total		$	663
	During the three months ended March 31, 2014, we reclassified $0.1 million from other comprehensive loss into our consolidated statement of operations related to our interest rate swaps.
	Interest Rate Swap
	We are exposed to the impact of interest rate changes primarily through our borrowing activities. To limit this exposure, we attempt to obtain mortgage financing on a long-term, fixed-rate basis. However, from time to time, we or our investment partners may obtain non-recourse variable-rate mortgage loans and, as a result, may enter into interest rate swap agreements with counterparties. Interest rate swaps, which effectively convert the variable-rate debt service obligations of the loan to a fixed rate, are agreements in which one party exchanges a stream of interest payments for a counterparty’s stream of cash flow over a specific period. The notional, or face, amount on which the swaps are based is not exchanged.
	The interest rate swaps that we had outstanding on our consolidated subsidiaries at March 31, 2014 are summarized as follows (dollars in thousands):
			Number of Instruments		Notional				Fair Value at
					Amount				March 31, 2014
	Interest rate swaps		3		$	20,099			$	(591	)
	Foreign Currency Contracts
	We are exposed to foreign currency exchange rate movements, primarily in the euro and, to a lesser extent, the NOK. We manage foreign currency exchange rate movements by generally placing our debt service obligation on an investment in the same currency as the tenant’s rental obligation to us. This reduces our overall exposure to the net cash flow from that investment. However, we are subject to foreign currency exchange rate movements to the extent of the difference in the timing and amount of the rental obligation and the debt service. Realized and unrealized gains and losses recognized in earnings related to foreign currency transactions are included in Other income and (expenses) in the consolidated financial statements.
	In order to hedge certain of our foreign currency cash flow exposures, we enter into foreign currency forward contracts. A foreign currency forward contract is a commitment to deliver a certain amount of currency at a certain price on a specific date in the future. By entering into forward contracts and holding them to maturity, we are locked into a future currency exchange rate for the term of the contract. This instrument locks the range in which the foreign currency exchange rate may fluctuate.
	The following table presents the foreign currency derivative contracts we had outstanding and their designations at March 31, 2014 (currency in thousands):
	Foreign Currency Derivatives		Number of Instruments		Notional				Fair Value at
					Amount				March 31, 2014 (a)
	Designated as Cash Flow Hedging Instruments
	Foreign currency forward contracts (b)		48		€	18,335			$	(187	)
	Foreign currency forward contracts (c)		19		kr	47,540			(104		)
									$	(291	)
	___________
	(a)	Fair value amounts are based on the applicable exchange rate of the euro or the NOK as applicable at March 31, 2014.
	(b)	On January 16, 2014 and March 31, 2014, we entered into a series of forward contracts to exchange euro for U.S. dollars for each quarter through April 2020, which was intended to protect our then projected revenue collections against possible exchange rate fluctuations in the euro.
	(c)	On February 27, 2014, in conjunction with our Siemens investment (Note 4), we entered into a series of forward contracts to exchange NOK for U.S. dollars for each quarter through January 2019, which was intended to protect our then projected revenue collections from this investment against possible exchange rate fluctuations in NOK.
	Other
	Amounts reported in Other comprehensive loss related to our interest rate swap will be reclassified to Interest expense as interest payments are made on our variable-rate debt. Amounts reported in Other comprehensive income (loss) related to foreign currency derivative contracts will be reclassified to Other income and (expenses) when the hedged foreign currency proceeds from foreign operations are repatriated to the U.S. At March 31, 2014, we estimate that an additional $0.6 million will be reclassified as interest expense and other income during the next 12 months.
	We measure our credit exposure on a counterparty basis as the positive aggregate estimated fair value of our derivatives, net of collateral received, if any. No collateral was received as of March 31, 2014. At March 31, 2014, we did not have any credit exposure with a counterparty.
	Portfolio Concentration Risk
	Concentrations of credit risk arise when a number of tenants are engaged in similar business activities or have similar economic risks or conditions that could cause them to default on their lease obligations to us. We currently have concentrations of credit risk in our portfolio as we have a limited number of investments. We intend to regularly monitor our portfolio to assess potential concentrations of credit risk as we make additional investments. As we invest the proceeds of our initial public offering, we will seek to ensure that our portfolio is reasonably well diversified and does not contain any unusual concentration of credit risks. At March 31, 2014, our net lease portfolio, which excludes our self-storage facilities, had the following significant property and lease characteristics (percentages based on the percentage of our annualized contractual minimum base rent for the first quarter of 2014), which does contain concentrations in excess of 10% in certain areas, as follows:
	•	40% related to domestic properties, which include concentrations in Texas and Illinois of 17% and 14%, respectively;
	•	60% related to international properties, which include concentrations in Poland, Croatia, and Norway of 26%, 19%, and 15%, respectively;
	•	59% related to office properties, 19% related to retail properties, and 14% related to warehouse/distribution properties; and
	•	25% related to the banking industry, 19% related to the grocery industry, 18% related to the insurance industry, 15% related to the electronics industry, and 14% related to the chemical, plastics, rubber, and glass industry.
	Information about Geographic Areas
	Our portfolio is comprised of domestic and international investments. At March 31, 2014, our international investments were comprised of investments in Europe. Foreign currency exposure and risk management are discussed above. The following tables present information about our investments on a geographic basis (in thousands):
						Three Months Ended
						March 31, 2014
	Domestic
	Revenues (a)					$	4,227
	Loss from continuing operations before income taxes					(3,978		)
Net income attributable to noncontrolling interests					(287		)
Net loss attributable to CPA®:18 – Global					(4,266		)
International
Revenues (b)					$	2,467
Loss from continuing operations before income taxes					(14,265		)
Net loss attributable to noncontrolling interests					4,030
Net loss attributable to CPA®:18 – Global					(9,971		)
Total
Revenues					$	6,694
Loss from continuing operations before income taxes					(18,243		)
Net loss attributable to noncontrolling interests					3,743
Net loss attributable to CPA®:18 – Global					(14,237		)
	March 31, 2014				December 31, 2013
Domestic
Long-lived assets (c) (d)	$	222,124			$	119,336
Non-recourse debt and bonds payable	157,949				85,060
International
Long-lived assets (c) (e)	$	238,544			$	52,328
Non-recourse debt and bonds payable	95,216				—
Total
Long-lived assets (c)	$	460,668			$	171,664
Non-recourse debt and bonds payable	253,165				85,060
___________
(a)	For the three months ended March 31, 2014, domestic revenue contains concentrations above 10% related to State Farm, ($2.1 million) and Solo Cup ($1.0 million) properties, which are located in Texas and Illinois, respectively.
(b)	For the three months ended March 31, 2014, international revenue contains concentrations above 10% related to Agrokor, properties ($1.9 million) that are located in Croatia.
(c)	Consists of Net investments in real estate.
(d)	At March 31, 2014, domestic long-lived assets contain concentrations above 10% related to our State Farm ($95.9 million) and Solo Cup ($65.6 million) properties, which are located in Texas and Illinois, respectively.
(e)	At March 31, 2014, foreign long-lived assets contain concentrations above 10% related to our Bank Pekao ($112.7 million), Siemens ($73.9 million), and Agrokor ($51.9 million) properties, which are located in Poland, Norway and Croatia, respectively. At December 31, 2013, foreign long-lived assets only pertained to our Agrokor properties located in Croatia.

Debt

Debt	3 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
Debt	'
	Debt
	Non-Recourse Debt
	Non-recourse debt consists of mortgage notes payable, which are collateralized by the assignment of real estate properties with an aggregate carrying value of $200.7 million and $85.1 million at March 31, 2014 and December 31, 2013, respectively. At March 31, 2014, our mortgage notes payable bore interest at fixed annual rates ranging from 4.5% to 5.8% and variable contractual annual rates, which have effectively been converted to a fixed rate through the use of interest rate swaps, ranging from 5.1% to 5.6% with maturity dates ranging from 2020 to 2039.
	The following table presents information regarding the non-recourse mortgage loans on our real estate property investments (dollars in thousands):
							Carrying Amount at
	Investment		Interest Rate		Rate Type	Maturity Date	31-Mar-14		31-Dec-13
	Agrokor (a)		5.8	%	Fixed	12/31/20	$	42,713	$	—
	State Farm (b)		4.5	%	Fixed	9/10/23	72,800		72,800
	Crowne Group (c)		5.6	%	Variable	12/30/23	12,209		12,260
	Crowne Group (a) (c)		5.4	%	Variable	12/31/23	4,063		—
	Self-Storage properties (a) (d)		4.9	%	Fixed	2/1/24	14,500		—
	Automobile Protection Corporation, or APCO (a) (c)		5.1	%	Variable	2/5/24	3,827		—
	Solo Cup (a) (b)		5.1	%	Fixed	2/6/24	47,250		—
	Air Enterprises Acquisition, LLC, or Air Enterprises(a)		5.3	%	Fixed	4/1/39	3,300		—
							$	200,662	$	85,060
	__________
	(a)	These mortgage loans were entered into in conjunction with the 2014 Acquisitions as described in Note 4. During the three months ended March 31, 2014, we capitalized $1.2 million of deferred financing costs related to these loans. We amortize deferred financing costs over the term of the related mortgage loan using the straight-line method, which approximates the effective interest method.
	(b)	These mortgage loans have payments that are interest-only until their respective maturity dates.
	(c)	These mortgage loans have variable interest rates, which have been effectively converted to fixed rates through the use of interest rate swaps (Note 9). The interest rates presented for these mortgage loans reflect interest rate swaps in effect at March 31, 2014.
	(d)	On January 23, 2014, we entered into a mortgage loan that we allocate between our two self-storage properties, which are jointly and severally liable for any possible defaults on the loan.
	Bonds Payable
	In conjunction with our Siemens investment (Note 4), on February 27, 2014, we issued privately placed bonds of $52.1 million (NOK 315 million) with a coupon of 3.5%. These bonds are collateralized by the Siemens property. The bonds are coterminous with the lease and mature in December, 2025. The bonds are inflation-linked to the Norwegian CPI and the annual principal balance and coupon payment will increase as the inflation index increases. Coupon payments will be made annually in arrears on December 15. At March 31, 2014, these bonds had a carrying value of $52.5 million. During the three months ended March 31, 2014, we capitalized $0.5 million of deferred financing costs related to these loans.
	The bond agreement has a covenant that requires a valuation for compliance of the “loan to value,” or LTV, in the fourth quarter of each year. If we breach this covenant, we would be required to either provide additional collateral or make an offer to the bondholders to redeem the aggregate amount of bonds necessary to cure the LTV breach.
	Scheduled Debt Principal Payments
	Scheduled debt principal payments during the remainder of 2014, each of the next four calendar years following December 31, 2014 and thereafter are as follows (in thousands):
	Years Ending December 31,		Total
	2014 (remaining)		$	1,230
	2015		1,650
	2016		1,654
	2017		1,832
	2018		1,877
	Thereafter through 2039		244,922
	Total		$	253,165

Commitments_and_Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies	'
	Commitments and Contingencies
	At March 31, 2014, we were not involved in any material litigation.

Loss_Per_Share_and_Equity

Loss Per Share and Equity	3 Months Ended
	Mar. 31, 2014
Earnings Per Share [Abstract]	'
Loss Per Share and Equity	'
	Loss Per Share and Equity
	The following tables depict loss per share for the period presented (in thousands, except share and per share amounts):
		Three Months Ended March 31, 2014
		Weighted-Average			Allocation of Net Loss (a)				Loss
		Shares Outstanding							Per Share
	Class A common stock	38,001,011			$	(12,856	)		$	(0.34	)
	Class C common stock	3,820,432			(1,381		)		(0.36		)
	Net loss attributable to CPA®:18 – Global				$	(14,237	)
	__________
	(a)	The allocation of Net loss attributable to CPA®:18 – Global is calculated based on the weighted-average shares outstanding for Class A common stock and Class C common stock for the three months ended March 31, 2014. The allocation for the Class A common stock excludes the shareholder servicing fee of less than $0.1 million during the three months ended March 31, 2014 that is only applicable to holders of Class C common stock (Note 3).
	Subsequent to March 31, 2014 and through April 30, 2014, we issued an additional 11,026,641 shares of Class A common stock and an additional 656,963 shares of Class C common stock in our initial public offering.
	Proceeds from certain of the shares that we sold are held in escrow and considered unsettled until such time as all contingencies have been removed and the buyer has voting rights, or approximately three days. At March 31, 2014, 1,108,388 of the Class A shares that were sold remained unsettled.
	Distributions
	On March 19, 2014, our board of directors declared distributions at a daily rate of $0.0017170 for the Class A common stock and $0.0014601 for the Class C common stock for the quarter ending June 30, 2014, payable on or about July 15, 2014 to stockholders of record on each day of the quarter.
	Distributions are declared at the discretion of our board of directors and are not guaranteed. Until we substantially invest the net proceeds of our initial public offering, distributions will be paid primarily from offering proceeds, which reduces amounts available to invest in properties and could lower our overall return.
	Reclassifications Out of Accumulated Other Comprehensive Loss
	The following tables present a reconciliation of changes in accumulated other comprehensive loss by component for the periods presented (in thousands):
		Three Months Ended March 31, 2014
		Unrealized				Foreign Currency Translation Adjustments				Total
		Gains (Losses)
		on Derivative Instruments
	Beginning balance	$	(219	)		$	125			$	(94	)
	Other comprehensive income (loss) before reclassifications	(774		)		(461		)		(1,235		)
	Amounts reclassified from accumulated other comprehensive loss to:
	Interest expense	111				—				111
	Net current-period Other comprehensive income	(663		)		(461		)		(1,124		)
	Net current-period Other comprehensive (income) loss attributable to noncontrolling interests	—				324				324
	Ending balance	$	(882	)		$	(12	)		$	(894	)

Subsequent_Event

Subsequent Event	3 Months Ended
	Mar. 31, 2014
Subsequent Events [Abstract]	'
Subsequent Event	'
	Subsequent Events
	Discontinuation of the Sale of Class A Shares
	On May 1, 2014, in order to moderate the pace of our fundraising, our board of directors approved the discontinuation of the sale of Class A shares after June 30, 2014. We intend to continue to sell shares of Class C shares after that date. In order to facilitate the final sales of Class A shares as of June 30, 2014 and the continued sale of Class C shares, the board of directors also approved the reallocation up to $250.0 million of the shares that were initially allocated to sales of our stock through our DRIP to our initial public offering.

Basis_of_Presentation_Policies

Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Basis of Presentation	'
	Basis of Presentation
	Our interim consolidated financial statements have been prepared, without audit, in accordance with the instructions to Form 10-Q and, therefore, do not necessarily include all information and footnotes necessary for a fair statement of our consolidated financial position, results of operations and cash flows in accordance with accounting principles generally accepted in the U.S., or GAAP.
	In the opinion of management, the unaudited financial information for the interim periods presented in this Report reflects all normal and recurring adjustments necessary for a fair statement of financial position, results of operations and cash flows. Our interim consolidated financial statements should be read in conjunction with our audited consolidated financial statements and accompanying notes for the year ended December 31, 2013, which are included in the 2013 Annual Report, as certain disclosures that would substantially duplicate those contained in the audited consolidated financial statements have not been included in this Report. Operating results for interim periods are not necessarily indicative of operating results for an entire fiscal year.
	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts and the disclosure of contingent amounts in our consolidated financial statements and the accompanying notes. Actual results could differ from those estimates.
	We had no operating activity prior to April 8, 2013 and acquired our first investment on August 20, 2013. As such, consolidated results of operations and cash flows for the three months ended March 31, 2013 have not been presented.
Basis of Consolidation	'
	Basis of Consolidation
	Our consolidated financial statements reflect all of our accounts, including those of our controlled subsidiaries. The portion of equity in a consolidated subsidiary that is not attributable, directly or indirectly, to us is presented as noncontrolling interests. All significant intercompany accounts and transactions have been eliminated.
	When we obtain an economic interest in an entity, we evaluate the entity to determine if it is deemed to be a variable interest entity, or VIE, and, if so, whether we are deemed to be the primary beneficiary and are therefore required to consolidate the entity. We review the contractual arrangements provided for in the partnership agreement or other related contracts to determine whether the entity is considered a VIE, and to establish whether we have any variable interests in the VIE. We then compare our variable interests, if any, to those of the other variable interest holders to determine which party is the primary beneficiary of a VIE based on whether the entity (i) has the power to direct the activities that most significantly impact the economic performance of the VIE, and (ii) has the obligation to absorb losses or the right to receive benefits of the VIE that could potentially be significant to the VIE. During the three months ended March 31, 2014, we made several new investments (Note 4) that we evaluated for VIE purposes. We have concluded that none of our investments through March 31, 2014 qualify as a VIE.
	For an entity that is not considered to be a VIE but rather a voting interest entity, or VOE, the general partners in a limited partnership (or similar entity) are presumed to control the entity regardless of the level of their ownership and, accordingly, may be required to consolidate the entity. We evaluate the partnership agreements or other relevant contracts to determine whether there are provisions in the agreements that would overcome this presumption. If the agreements provide the limited partners with either (a) the substantive ability to dissolve or liquidate the limited partnership or otherwise remove the general partners without cause or (b) substantive participating rights, the limited partners’ rights overcome the presumption of control by a general partner of the limited partnership, and, therefore, the general partner must account for its investment in the limited partnership using the equity method of accounting.
	Based on our evaluation, we determined that our Operating Partnership was not a VIE but should be consolidated as we control all decisions regarding our Operating Partnership. We account for the special general partner interest held by CPA®:18 Holdings in the Operating Partnership as a noncontrolling interest.
Fair Value Measurements	'
	Derivative Assets — Our derivative assets, which are included in Other assets, net in the consolidated financial statements, are comprised of foreign currency forward contracts (Note 9). These derivatives were measured at fair value using readily observable market inputs, such as quotations on interest rates, and were classified as Level 2 as these instruments are custom, over-the-counter contracts with various bank counterparties that are not traded in an active market.
	Derivative Liabilities — Our derivative liabilities, which are included in Accounts payable, accrued expenses and other liabilities in the consolidated financial statements, are comprised of interest rate swaps and foreign currency forward contracts (Note 9). These derivatives were measured at fair value using readily observable market inputs, such as quotations on interest rates, and were classified as Level 2 because they are custom, over-the-counter contracts with various bank counterparties that are not traded in an active market.
	The fair value of an asset is defined as the exit price, which is the amount that would either be received when an asset is sold or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The guidance establishes a three-tier fair value hierarchy based on the inputs used in measuring fair value. These tiers are: Level 1, for which quoted market prices for identical instruments are available in active markets, such as money market funds, equity securities, and U.S. Treasury securities; Level 2, for which there are inputs other than quoted prices included within Level 1 that are observable for the instrument, such as certain derivative instruments including an interest rate cap and swaps; and Level 3, for securities and other derivative assets that do not fall into Level 1 or Level 2 and for which little or no market data exists, therefore requiring us to develop our own assumptions.
Derivatives	'
	We measure derivative instruments at fair value and record them as assets or liabilities, depending on our rights or obligations under the applicable derivative contract. Derivatives that are not designated as hedges must be adjusted to fair value through earnings. For a derivative designated and that qualified as a cash flow hedge, the effective portion of the change in fair value of the derivative is recognized in Other comprehensive loss until the hedged item is recognized in earnings. The ineffective portion of a derivative’s change in fair value is immediately recognized in earnings. The ineffective portion of the change in fair value of the derivative is recognized directly in earnings. Amounts are reclassified out of Other comprehensive loss into earnings when the hedged investment is either sold or substantially liquidated.
Description of New Accounting Pronouncements	'
	ASU 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360). ASU 2014-08 changes the requirements for reporting discontinued operations. A discontinued operation may include a component of an entity or a group of components of an entity, or a business. Under this new guidance, a disposal of a component of an entity or a group of components of an entity is required to be reported in discontinued operations if the disposal represents a “strategic shift that has or will have a major effect on an entity’s operations and financial results.” The new guidance also requires disclosures including pre-tax profit or loss and significant gains or losses arising from dispositions that represent an “individually significant component of an entity,” but do not meet the criteria to be reported as discontinued operations under ASU 2014-08. In the ordinary course of business, we may sell properties, which, under prior accounting guidance, would have been reported each as discontinued operations; however, under ASU 2014-08 such property dispositions typically would not meet the criteria to be reported as discontinued operations. We elected to early adopt ASU 2014-08 prospectively for any dispositions after December 31, 2013. Consequently, individually significant operations that are sold or classified as held-for-sale during 2014 will not be reclassified to discontinued operations in the consolidated statements of income, but will be disclosed in the Notes to the consolidated financial statements. This ASU did not have a significant impact on our financial position or results of operations for any of the periods presented.

Agreements_and_Transactions_wi1

Agreements and Transactions with Related Parties (Tables)	3 Months Ended
	Mar. 31, 2014
Related Party Transactions [Abstract]	'
Schedule of Related Party Transactions	'
	The following tables present a summary of fees we paid and expenses we reimbursed to the advisor and other affiliates in accordance with the terms of the related agreements (in thousands):
				Three Months Ended
				March 31, 2014
	Amounts Included in the Consolidated Statement of Operations:
	Acquisition expenses			$	15,872
	Asset management fees			331
	Available Cash Distribution			69
	Interest expense on deferred acquisition fees			20
	Personnel and overhead reimbursements			16
	Shareholder servicing fee			88
				$	16,396
	Other Transaction Fees Incurred:
	Selling commissions and dealer manager fees			$	38,670
	Current acquisition fees			471
	Deferred acquisition fees			484
	Offering costs			798
				$	40,423
		31-Mar-14		December 31, 2013
	Due to Affiliate:
	Deferred acquisition fees, including interest	$	9,546	$	2,705
	Accounts payable	6,414		2,406
	Asset management fees payable	154		38
	Reimbursable costs	16		—
		$	16,130	$	5,149

Net_Investments_in_Properties_

Net Investments in Properties (Tables)	3 Months Ended
	Mar. 31, 2014
Real Estate [Abstract]	'
Schedule of Real Estate Properties	'
	Real estate, which consists of land and buildings leased to others, at cost, and which are subject to operating leases, is summarized as follows (in thousands):
		31-Mar-14				December 31, 2013
	Land	$	67,039			$	36,636
	Building	344,919				113,788
	Less: Accumulated depreciation	(2,200		)		(824		)
		$	409,758			$	149,600
	Operating real estate, which consists of our self-storage operations, at cost, is summarized as follows (in thousands):
		March 31, 2014				December 31, 2013
	Land	$	6,565			$	—
	Building	14,315				—
	Less: Accumulated depreciation	(77		)		—
		$	20,803			$	—
Schedule of Assets Acquired in Business Combination	'
	The following tables present a summary of assets acquired and liabilities assumed in these business combinations, each at the date of acquisition, and revenues and earnings thereon, since their respective dates of acquisition through March 31, 2014 (in thousands):
			2014 Business Combinations (a)
			Bank Pekao				Siemens			Solo Cup			St. Petersburg Self Storage			Kissimmee Self Storage
	Cash Consideration		$	73,952			$	82,019		$	80,650		$	11,550		$	11,735
	Assets acquired at fair value:
	Land		$	—			$	14,362		$	13,748		$	3,258		$	3,306
	Building		112,676				59,219			52,135			7,128			7,187
	In-place lease intangibles assets		23,471				10,528			15,394			1,201			1,221
	Above-market rent intangible assets		3,014				—			773			—			—
	Below-market ground lease		9,456				—			—			—			—
	Other assets assumed		—				2,820			—			7			24
			148,617				86,929			82,050			11,594			11,738
	Liabilities assumed at fair value:
	Below-market rent intangible liabilities		(713		)		—			(1,400		)	—			—
	Deferred income taxes		—				(6,982		)	—			—			—
	Other liabilities assumed		—				(4,910		)	—			(44		)	(3		)
			(713		)		(11,892		)	(1,400		)	(44		)	(3		)
	Total identifiable net assets		147,904				75,037			80,650			11,550			11,735
	Amounts attributable to noncontrolling interests		(73,952		)		—			—			—			—
	Goodwill		—				6,982			—			—			—
			$	73,952			$	82,019		$	80,650		$	11,550		$	11,735
	(a)	The purchase price was allocated to the assets acquired and liabilities assumed based upon their preliminary fair values. The information in this table is based on the best estimates of management as of the date of this Report. We are in the process of finalizing our assessment of the fair value of the assets acquired and liabilities assumed. Accordingly, the fair value of these assets acquired and liabilities assumed are subject to change.
Schedule Of Revenues and Net Income From Business Combination	'
			2014 Business Combinations
			Bank Pekao				Siemens			Solo Cup			St. Petersburg Self Storage			Kissimmee Self Storage
			For the Period from
			March 31, 2014 through				February 27, 2014 through			February 3, 2014 through			January 23, 2014 through			January 22, 2014 through
			31-Mar-14				31-Mar-14			31-Mar-14			31-Mar-14			31-Mar-14
	Revenues		$	1			$	531		$	998		$	201		$	220
	Net loss		$	(8,481	)		$	(5,559	)	$	(3,930	)	$	(749	)	$	(638	)
	Net loss attributable to noncontrolling interests		4,238				—			—			—			—
	Net loss attributable to CPA®:18 – Global stockholders		$	(4,243	)		$	(5,559	)	$	(3,930	)	$	(749	)	$	(638	)
Pro Forma Information	'
	(Dollars in thousands, except share and per share amounts)
			Three Months Ended
			March 31, 2014
	Pro forma total revenues		$	10,011
	Pro forma net loss		(18,019		)
	Loss attributable to noncontrolling interests		3,608
	Pro forma net loss attributable to CPA®:18 – Global		$	(14,411	)
	Pro forma net loss per Class A share:
	Net loss Attributable to CPA®:18 – Global		$	(13,015	)
	Weighted average shares outstanding		38,001,011
	Net loss per share		$	(0.34	)
	Pro forma net loss per Class C share:
	Net loss Attributable to CPA®:18 – Global		$	(1,396	)
	Weighted average shares outstanding		3,820,432
	Net loss per share		$	(0.37	)

Finance_Receivables_Finance_Re

Finance Receivables Finance Receivables (Tables)	3 Months Ended
	Mar. 31, 2014
Receivables [Abstract]	'
Capital Leases Net Investment In Direct Financing Leases	'
	Net investment in direct financing lease is summarized as follows (in thousands):
		March 31, 2014			December 31, 2013
	Minimum lease payments receivable	$	67,144		$	50,006
	Unguaranteed residual value	30,107			22,064
		97,251			72,070
	Less: unearned income	(67,144		)	(50,006		)
		$	30,107		$	22,064

Cash_Flow_Information_Tables

Cash Flow Information (Tables)	3 Months Ended
	Mar. 31, 2014
Additional Cash Flow Elements and Supplemental Cash Flow Information [Abstract]	'
Supplemental Non-cash Investing and Financing Activities	'
	A summary of our non-cash investing and financing activities for the periods presented is as follows (in thousands):
			Three Months Ended
			March 31, 2014
	Deferred tax liability (Note 4) (a)		$	6,936
	Deferred acquisition costs (a)		412
	Deferred offering costs (Note 3) (a)		798
	Seller paid costs capitalized		228
	Due to affiliates (Note 3)		1,209
	Unsettled sales of common stock (Note 12)		7,805
	Deferred offering costs equity charge (a)		2,507
	Deferred financing costs (a)		127
	Asset management fees settled in Class A shares (Note 3) (a)		215
	First quarter distributions declared (a)		6,259
	___________
	(a)	Represents items that would be negative if they were to appear within investing and financing activities on consolidated statement of cash flows.

Intangible_Assets_and_Liabilit1

Intangible Assets and Liabilities (Tables)	3 Months Ended
	Mar. 31, 2014
Intangible Assets And Liabilities [Abstract]	'
Schedule Of Acquired Finite Lived Intangible Assets Liabilities By Major Class	'
	In connection with our investment activity during the three months ended March 31, 2014, we have recorded net lease intangibles comprised as follows (life in years, dollars in thousands):
		Weighted-Average Life		Amount
	Amortizable Intangible Assets
	In-place lease	9.8		$	54,577
	Below-market ground lease	76		9,455
	Above-market rent	9.2		3,787
	Total intangible assets			$	67,819
	Amortizable Intangible Liabilities
	Below-market rent	16.1		$	(2,112	)
Schedule of Goodwill	'
	The following table presents a reconciliation of our goodwill (in thousands):
			Total
	Balance at January 1, 2014		$	—
	Acquisition of Siemens (a)		6,982
	Balance at March 31, 2014		$	6,982
	___________
	(a)	Represents the consideration exceeding the fair value of the assets acquired and liabilities assumed in our Siemens acquisition (Note 4).
Schedule Of Intangible Assets and Liabilities	'
	Intangible assets and liabilities are summarized as follows (in thousands):
		March 31, 2014										December 31, 2013
		Gross Carrying Amount				Accumulated Amortization			Net Carrying Amount			Gross Carrying Amount			Accumulated Amortization			Net Carrying Amount
	Amortizable Intangible Assets
	Lease intangibles:
	In-place lease	$	108,441			$	(1,762	)	$	106,679		$	53,832		$	(495	)	$	53,337
	Below-market ground lease	17,675				(24		)	17,651			8,227			(3		)	8,224
	Above-market rent	3,787				(7		)	3,780			—			—			—
		129,903				(1,793		)	128,110			62,059			(498		)	61,561
	Unamortizable Intangible Assets
	Goodwill	6,982				—			6,982			—			—			—
	Total intangible assets	$	136,885			$	(1,793	)	$	135,092		$	62,059		$	(498	)	$	61,561
	Amortizable Intangible Liabilities
	Below-market rent	$	(3,759	)		$	80		$	(3,679	)	$	(1,647	)	$	40		$	(1,607	)
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	'
	Based on the intangible assets and liabilities recorded at March 31, 2014, scheduled annual net amortization of intangibles for the remainder of 2014, each of the next four calendar years following December 31, 2014, and thereafter is as follows (in thousands):
	Years Ending December 31,		Net Decrease (Increase) in Rental Revenue				Increase to Amortization/Property Expense			Net
	2014 (remaining)		$	98			$	6,895		$	6,993
	2015		130				9,194			9,324
	2016		121				9,194			9,315
	2017		102				6,933			7,035
	2018		102				8,426			8,528
	Thereafter		(452		)		83,688			83,236
			$	101			$	124,330		$	124,431

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2014
Fair Value Disclosures [Abstract]	'
Schedule Of Other Financial Instruments In Carrying Values And Fair Values	'
	Our other financial instruments had the following carrying values and fair values as of the dates shown (in thousands):
			31-Mar-14				31-Dec-13
		Level	Carrying Value		Fair Value		Carrying Value		Fair Value
	Debt (a)	3	$	253,165	$	254,014	$	85,060	$	85,060
	Deferred acquisition fees payable (b)	3	9,546		9,139		2,705		2,705
	___________
	(a)	We determined the estimated fair value of these financial instruments using a discounted cash flow model with rates that take into account the credit of the tenant/obligor and interest rate risk. We also considered the value of the underlying collateral taking into account the quality of the collateral, the credit quality of the tenant/obligor, the time until maturity and the current market interest rate.
	(b)	We determined the estimated fair value of our deferred acquisition fees based on an estimate of discounted cash flows using two significant unobservable inputs, which are the leverage adjusted unsecured spread and an illiquidity adjustment of 120 basis points and 75 basis points, respectively. Significant increases or decreases to these inputs in isolation would result in a significant change in the fair value measurement.

Risk_Management_and_Use_of_Der1

Risk Management and Use of Derivative Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	'
	The following table sets forth certain information regarding our derivative instruments (in thousands):
					Asset Derivatives Fair Value at							Liability Derivatives Fair Value at
	Derivative Designated as Hedging Instruments		Balance Sheet Location		31-Mar-14				31-Dec-13			31-Mar-14			December 31, 2013
	Foreign currency forward contracts		Other assets, net		$	5			$	—		$	—		$	—
	Foreign currency forward contracts		Accounts payable, accrued expenses and other liabilities		—				—			(296		)	—
	Interest rate swaps		Accounts payable, accrued expenses and other liabilities		—				—			(591		)	(219		)
					$	5			$	—		$	(887	)	$	(219	)
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)	'
	The following tables present the impact of our derivative instruments on the consolidated financial statements (in thousands):
			Amount of Loss
			Recognized in
			Other Comprehensive
			Loss on
			Derivatives (Effective
			Portion)
	Derivatives in Cash Flow Hedging Relationships		Three Months Ended
			March 31, 2014
	Interest rate swaps		$	372
	Foreign currency forward contracts		291
	Total		$	663
Schedule of Derivative Instruments	'
	The following table presents the foreign currency derivative contracts we had outstanding and their designations at March 31, 2014 (currency in thousands):
	Foreign Currency Derivatives		Number of Instruments		Notional				Fair Value at
					Amount				March 31, 2014 (a)
	Designated as Cash Flow Hedging Instruments
	Foreign currency forward contracts (b)		48		€	18,335			$	(187	)
	Foreign currency forward contracts (c)		19		kr	47,540			(104		)
									$	(291	)
	___________
	(a)	Fair value amounts are based on the applicable exchange rate of the euro or the NOK as applicable at March 31, 2014.
	(b)	On January 16, 2014 and March 31, 2014, we entered into a series of forward contracts to exchange euro for U.S. dollars for each quarter through April 2020, which was intended to protect our then projected revenue collections against possible exchange rate fluctuations in the euro.
	(c)	On February 27, 2014, in conjunction with our Siemens investment (Note 4), we entered into a series of forward contracts to exchange NOK for U.S. dollars for each quarter through January 2019, which was intended to protect our then projected revenue collections from this investment against possible exchange rate fluctuations in NOK.
	The interest rate swaps that we had outstanding on our consolidated subsidiaries at March 31, 2014 are summarized as follows (dollars in thousands):
			Number of Instruments		Notional				Fair Value at
					Amount				March 31, 2014
	Interest rate swaps		3		$	20,099			$	(591	)
Domestic And International Investments Revenues And Net Investments In Real Estate	'
	The following tables present information about our investments on a geographic basis (in thousands):
						Three Months Ended
						March 31, 2014
	Domestic
	Revenues (a)					$	4,227
	Loss from continuing operations before income taxes					(3,978		)
	Net income attributable to noncontrolling interests					(287		)
	Net loss attributable to CPA®:18 – Global					(4,266		)
	International
	Revenues (b)					$	2,467
	Loss from continuing operations before income taxes					(14,265		)
	Net loss attributable to noncontrolling interests					4,030
	Net loss attributable to CPA®:18 – Global					(9,971		)
	Total
	Revenues					$	6,694
	Loss from continuing operations before income taxes					(18,243		)
	Net loss attributable to noncontrolling interests					3,743
	Net loss attributable to CPA®:18 – Global					(14,237		)
		March 31, 2014				December 31, 2013
	Domestic
	Long-lived assets (c) (d)	$	222,124			$	119,336
	Non-recourse debt and bonds payable	157,949				85,060
	International
	Long-lived assets (c) (e)	$	238,544			$	52,328
	Non-recourse debt and bonds payable	95,216				—
	Total
	Long-lived assets (c)	$	460,668			$	171,664
	Non-recourse debt and bonds payable	253,165				85,060
	___________
	(a)	For the three months ended March 31, 2014, domestic revenue contains concentrations above 10% related to State Farm, ($2.1 million) and Solo Cup ($1.0 million) properties, which are located in Texas and Illinois, respectively.
	(b)	For the three months ended March 31, 2014, international revenue contains concentrations above 10% related to Agrokor, properties ($1.9 million) that are located in Croatia.
	(c)	Consists of Net investments in real estate.
	(d)	At March 31, 2014, domestic long-lived assets contain concentrations above 10% related to our State Farm ($95.9 million) and Solo Cup ($65.6 million) properties, which are located in Texas and Illinois, respectively.
	(e)	At March 31, 2014, foreign long-lived assets contain concentrations above 10% related to our Bank Pekao ($112.7 million), Siemens ($73.9 million), and Agrokor ($51.9 million) properties, which are located in Poland, Norway and Croatia, respectively. At December 31, 2013, foreign long-lived assets only pertained to our Agrokor properties located in Croatia.

Debt_Tables

Debt (Tables)	3 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
Schedule of Debt	'
	The following table presents information regarding the non-recourse mortgage loans on our real estate property investments (dollars in thousands):
							Carrying Amount at
	Investment		Interest Rate		Rate Type	Maturity Date	31-Mar-14		31-Dec-13
	Agrokor (a)		5.8	%	Fixed	12/31/20	$	42,713	$	—
	State Farm (b)		4.5	%	Fixed	9/10/23	72,800		72,800
	Crowne Group (c)		5.6	%	Variable	12/30/23	12,209		12,260
	Crowne Group (a) (c)		5.4	%	Variable	12/31/23	4,063		—
	Self-Storage properties (a) (d)		4.9	%	Fixed	2/1/24	14,500		—
	Automobile Protection Corporation, or APCO (a) (c)		5.1	%	Variable	2/5/24	3,827		—
	Solo Cup (a) (b)		5.1	%	Fixed	2/6/24	47,250		—
	Air Enterprises Acquisition, LLC, or Air Enterprises(a)		5.3	%	Fixed	4/1/39	3,300		—
							$	200,662	$	85,060
	__________
	(a)	These mortgage loans were entered into in conjunction with the 2014 Acquisitions as described in Note 4. During the three months ended March 31, 2014, we capitalized $1.2 million of deferred financing costs related to these loans. We amortize deferred financing costs over the term of the related mortgage loan using the straight-line method, which approximates the effective interest method.
	(b)	These mortgage loans have payments that are interest-only until their respective maturity dates.
	(c)	These mortgage loans have variable interest rates, which have been effectively converted to fixed rates through the use of interest rate swaps (Note 9). The interest rates presented for these mortgage loans reflect interest rate swaps in effect at March 31, 2014.
	(d)	On January 23, 2014, we entered into a mortgage loan that we allocate between our two self-storage properties, which are jointly and severally liable for any possible defaults on the loan.
Schedule of Debt Maturities	'
	Scheduled debt principal payments during the remainder of 2014, each of the next four calendar years following December 31, 2014 and thereafter are as follows (in thousands):
	Years Ending December 31,		Total
	2014 (remaining)		$	1,230
	2015		1,650
	2016		1,654
	2017		1,832
	2018		1,877
	Thereafter through 2039		244,922
	Total		$	253,165

Loss_Per_Share_and_Equity_Tabl

Loss Per Share and Equity (Tables)	3 Months Ended
	Mar. 31, 2014
Earnings Per Share [Abstract]	'
Schedule of Earnings Per Share	'
	The following tables depict loss per share for the period presented (in thousands, except share and per share amounts):
		Three Months Ended March 31, 2014
		Weighted-Average			Allocation of Net Loss (a)				Loss
		Shares Outstanding							Per Share
	Class A common stock	38,001,011			$	(12,856	)		$	(0.34	)
	Class C common stock	3,820,432			(1,381		)		(0.36		)
	Net loss attributable to CPA®:18 – Global				$	(14,237	)
	__________
	(a)	The allocation of Net loss attributable to CPA®:18 – Global is calculated based on the weighted-average shares outstanding for Class A common stock and Class C common stock for the three months ended March 31, 2014. The allocation for the Class A common stock excludes the shareholder servicing fee of less than $0.1 million during the three months ended March 31, 2014 that is only applicable to holders of Class C common stock (Note 3).
Reclassification out of Accumulated Other Comprehensive Income	'
	The following tables present a reconciliation of changes in accumulated other comprehensive loss by component for the periods presented (in thousands):
		Three Months Ended March 31, 2014
		Unrealized				Foreign Currency Translation Adjustments				Total
		Gains (Losses)
		on Derivative Instruments
	Beginning balance	$	(219	)		$	125			$	(94	)
	Other comprehensive income (loss) before reclassifications	(774		)		(461		)		(1,235		)
	Amounts reclassified from accumulated other comprehensive loss to:
	Interest expense	111				—				111
	Net current-period Other comprehensive income	(663		)		(461		)		(1,124		)
	Net current-period Other comprehensive (income) loss attributable to noncontrolling interests	—				324				324
	Ending balance	$	(882	)		$	(12	)		$	(894	)

Organization_and_Offering_Narr

Organization and Offering (Narratives) (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Dec. 31, 2013	Jul. 25, 2013	7-May-13	Apr. 08, 2013
	sqft
	tenant
	property
Public Offering	'	'	'	'	'
Capital interest ownership in operating partnership	99.97%	'	'	'	'
Common stock, par value	$0.00	'	'	'	'
Proceeds from issuance of shares, net of issuance costs	$357,447,000	'	'	'	'
Preferred stock, authorized	50,000,000	50,000,000	'	'	50,000,000
Common stock shares maximum offering	'	'	'	1,000,000,000	'
Stock authorized during period share value dividend reinvestment plan	'	'	'	400,000,000	'
Initial minimum offering amount	'	'	2,000,000	'	'
Additional Disclosures	'	'	'	'	'
Number of properties	16	'	'	'	'
Number of tenants	13	'	'	'	'
Area of real estate property	3,700,000	'	'	'	'
Number of operating properties	2	'	'	'	'
Square footage of operating properties	300,000	'	'	'	'
Class A common stock	'	'	'	'	'
Public Offering	'	'	'	'	'
Common stock, shares issued	59,314,868	21,290,097	'	'	'
Common stock, par value	$0.00	0.001	'	'	'
Common stock, shares authorized	320,000,000	320,000,000	'	'	320,000,000
Common stock, par value on public offering date	'	'	'	$10	'
Common stock, par or stated value per share, pursuant to DRIP	'	'	'	$9.60	'
Cumulative funds from offering	589,800,000	'	'	'	'
Distributions reinvested through the DRIP	900,000	'	'	'	'
Class C common stock	'	'	'	'	'
Public Offering	'	'	'	'	'
Common stock, shares issued	4,994,383	2,776,001	'	'	'
Common stock, par value	$0.00	0.001	'	'	'
Common stock, shares authorized	80,000,000	80,000,000	'	'	80,000,000
Common stock, par value on public offering date	'	'	'	$9.35	'
Common stock, par or stated value per share, pursuant to DRIP	'	'	'	$8.98	'
Cumulative funds from offering	46,500,000	'	'	'	'
Distributions reinvested through the DRIP	$200,000	'	'	'	'

Agreements_and_Transactions_wi2

Agreements and Transactions with Related Parties (Narratives) (Details) (USD $)

3 Months Ended

19 Months Ended

3 Months Ended

3 Months Ended

Mar. 31, 2014

Mar. 31, 2014

Jul. 25, 2013

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Dec. 31, 2013

7-May-13

Mar. 31, 2014

Mar. 31, 2014

Dec. 31, 2013

7-May-13

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Contract sales price of investment

Adjusted net income

Average invested asset

Real estate commission

Current

Deferred

W.P. Carey

Class A common stock

Class A common stock

Class A common stock

Class A common stock

Class C common stock

Class C common stock

Class C common stock

Minimum

Minimum

Maximum

Maximum

Maximum

Scenario Two

Scenario Two

Scenario Two

Scenario Three

Scenario Three

Advisor

Average market value of investment

Average equity value of investment

Cpa 18 Holdings

Minimum

Maximum

Minimum

Related Party Transaction [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Aggregate gross proceeds from offering threshold ( percentage)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2.00%

'

'

1.50%

'

Potential Gross Proceeds from Issuance Initial Public Offering

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$500,000,000

$750,000,000

'

$750,000,000

Initial minimum offering amount

'

'

2,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Organizational costs incurred

'

100,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Offering costs

798,000

5,800,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Reimbursed offering costs

5,200,000

5,200,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Line of Credit

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Maximum line of credit approved by directors

'

'

'

'

'

'

'

'

'

100,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Maturity date

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

31-Dec-20

'

31-Dec-39

'

'

'

'

'

'

'

Ownership interest in jointly-owned investment

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

50.00%

'

80.00%

'

'

'

'

'

'

'

Percentage of asset management fees

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0.50%

'

1.50%

'

'

'

'

'

'

Common Stock Initial Public Offering Par Or Stated Value Per Share

'

'

'

'

'

'

'

'

'

'

'

'

$10

'

'

'

$9.35

'

'

'

'

'

'

'

'

'

'

Number of shares held by advisor

'

'

'

'

'

'

'

'

'

'

59,314,868

21,290,097

'

52,665

4,994,383

2,776,001

'

'

'

'

'

'

'

'

'

'

'

Advisor owned percentage of common stock

'

'

'

'

'

'

'

'

'

'

'

'

'

0.10%

'

'

'

'

'

'

'

'

'

'

'

'

'

Due to Related Party

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Selling commission per share sold

'

'

'

'

'

'

'

'

'

'

'

'

$0.70

'

'

'

$0.14

'

'

'

'

'

'

'

'

'

'

Dealer manager fee per share sold

'

'

'

'

'

'

'

'

'

'

'

'

$0.30

'

'

'

$0.21

'

'

'

'

'

'

'

'

'

'

Shareholder servicing fee

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1.00%

'

'

'

'

'

'

'

'

'

'

'

'

Shareholder Servicing Fee Payment Threshold

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

10.00%

'

'

'

'

'

Shareholder servicing fee

88,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Percentage of acquisition fees

'

'

'

'

'

'

'

2.50%

2.00%

'

'

'

'

'

'

'

'

'

'

6.00%

'

'

'

'

'

'

'

Percentage of subordinated disposition fees

'

'

'

3.00%

'

'

50.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Percentage of operating expense reimbursement

'

'

'

'

25.00%

2.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Excess operating expense charge back

100,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Available Cash Distribution

$69,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Preferred Return

5.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Agreements_and_Transactions_wi3

Agreements and Transactions with Related Parties (Details 1) (USD $)	3 Months Ended	19 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2014	Dec. 31, 2013
Amounts Included in the Consolidated Statement of Operations:	'	'	'
Acquisition expenses	$18,994	'	'
Asset management fees	331	'	'
Available Cash Distribution	69	'	'
Interest expense on deferred acquisition fees	20	'	'
Personnel and overhead reimbursements	16	'	'
Shareholder servicing fee	88	'	'
Operating expenses	16,396	'	'
Other Transaction Fees Incurred:	'	'	'
Selling commissions and dealer manager fees	38,670	'	'
Current acquisition fees	471	'	'
Deferred acquisition fees	484	'	'
Offering costs	798	5,800	'
Transaction fees incurred	40,423	'	'
Due to Affiliate:	'	'	'
Deferred acquisition fees, including interest	9,546	9,546	2,705
Accounts payable	6,414	6,414	2,406
Asset management fees payable	154	154	38
Reimbursable costs	16	16	0
Due to affiliates	16,130	16,130	5,149
Advisor	'	'	'
Amounts Included in the Consolidated Statement of Operations:	'	'	'
Acquisition expenses	$15,872	'	'

Net_Investments_in_Properties_1

Net Investments in Properties (Narratives) (Details)

3 Months Ended

3 Months Ended

0 Months Ended

3 Months Ended

0 Months Ended

3 Months Ended

0 Months Ended

0 Months Ended

0 Months Ended

0 Months Ended

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Dec. 31, 2013

Feb. 27, 2014

Mar. 31, 2014

Feb. 27, 2014

Feb. 03, 2014

Mar. 31, 2014

Dec. 31, 2013

Jan. 23, 2014

Mar. 31, 2014

Dec. 31, 2013

Jan. 22, 2014

USD ($)

USD ($)

Operating Real Estate

Real Estate

Real estate business combination

Bank Pekao S.A.

Bank Pekao S.A.

Bank Pekao S.A.

State Farm Mutual Automobile Company

State Farm Mutual Automobile Company

Agrokor d.d.

Agrokor d.d.

Siemens

Siemens

Siemens

Solo Cup

Solo Cup

Solo Cup

St. Petersburg Self-Storage

Self Storage

Self Storage

Kissimmee Self-Storage

lease

property

property

USD ($)

property

USD ($)

USD ($)

CPA 17

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

NOK

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

property

USD ($)

option

option

Acqusition

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of properties acquired

8

3

2

'

5

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Direct financing leases acquired

1

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Ownership interest in jointly-owned investment

'

'

'

'

'

50.00%

50.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Investment purchase price

'

'

'

$11,700,000

'

$73,952,000

'

$74,000,000

'

'

'

'

$82,019,000

'

'

$80,650,000

'

'

$11,550,000

'

'

$11,735,000

Acquired finite lived intangible assets, amount

67,819,000

'

'

2,800,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Acquisition cost, expensed

18,994,000

'

'

'

'

8,400,000

'

'

'

'

'

'

5,200,000

'

'

3,900,000

'

'

700,000

'

'

600,000

Restricted cash

'

'

'

'

'

600,000

600,000

'

'

'

'

'

'

4,000,000

'

'

'

'

'

'

'

'

Deferred tax assets, gross

1,900,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Deferred tax assets, valuation allowance

1,900,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Lease expiration date

'

'

'

'

'

15-May-23

'

'

'

'

'

'

14-Dec-25

'

'

30-Sep-23

'

'

'

'

'

'

Number of renewal options

'

'

'

'

'

'

'

'

'

'

'

'

2

'

'

2

'

'

'

'

'

'

Lease renewal term

'

'

'

'

'

'

'

'

'

'

'

'

'10 years

'

'

'5 years

'

'

'

'

'

'

Bond payable

52,503,000

0

'

'

'

'

'

'

'

'

'

'

52,100,000

'

315,000,000

'

'

'

'

'

'

'

Deferred tax liability

15,053,000

8,350,000

'

'

'

'

'

'

'

'

6,936,000

'

'

7,000,000

'

'

'

'

'

'

'

'

Acquisition-related cost and fees, capitalized

40,423,000

'

'

700,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total identifiable net assets acquired in business combination

'

'

'

'

'

147,904,000

147,904,000

147,900,000

'

'

'

'

75,037,000

'

'

80,650,000

'

'

11,550,000

'

'

11,735,000

Non-recourse debt

$200,662,000

$85,060,000

'

'

'

'

'

'

$72,800,000

$72,800,000

$42,713,000

$0

'

'

'

'

$47,250,000

$0

'

$14,500,000

$0

'

Concentration risk, percentage

'

'

'

'

'

'

98.00%

'

'

'

10.00%

'

'

'

'

'

'

'

'

'

'

'

Net_Investments_in_Properties_2

Net Investments in Properties (Details 1) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Investments in real estate:	'	'
Less: Accumulated depreciation	($2,277)	($824)
Net investments in properties	430,561	149,600
Real Estate	'	'
Investments in real estate:	'	'
Land	67,039	36,636
Building	344,919	113,788
Less: Accumulated depreciation	-2,200	-824
Net investments in properties	409,758	149,600
Operating Real Estate	'	'
Investments in real estate:	'	'
Land	6,565	0
Building	14,315	0
Less: Accumulated depreciation	-77	0
Net investments in properties	$20,803	$0

Net_Investments_in_Properties_3

Net Investments in Properties (Details 2) (USD $)	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	Feb. 27, 2014	Feb. 03, 2014	Jan. 23, 2014	Jan. 22, 2014
In Thousands, unless otherwise specified			Bank Pekao	Siemens AS (b)	Solo Cup Operating Company, or Solo Cup	St. Petersburg Self-Storage	Kissimmee Self-Storage
Real Estate Properties [Line Items]	'	'	'	'	'	'	'
Investment purchase price	'	'	$73,952	$82,019	$80,650	$11,550	$11,735
Assets acquired at fair value:	'	'	'	'	'	'	'
Land	'	'	0	14,362	13,748	3,258	3,306
Building	'	'	112,676	59,219	52,135	7,128	7,187
In-place lease intangibles assets	'	'	23,471	10,528	15,394	1,201	1,221
Above-market rent intangible assets	'	'	3,014	0	773	0	0
Below-market ground lease	'	'	9,456	0	0	0	0
Other assets assumed	'	'	0	2,820	0	7	24
Total assets acquired in business combination	'	'	148,617	86,929	82,050	11,594	11,738
Liabilities assumed at fair value:	'	'	'	'	'	'	'
Below-market rent intangible liabilities	'	'	-713	0	-1,400	0	0
Deferred income taxes	'	'	0	-6,982	0	0	0
Other liabilities assumed	'	'	0	-4,910	0	-44	-3
Total liabilities acquired in business combination	'	'	-713	-11,892	-1,400	-44	-3
Total identifiable net assets	'	'	147,904	75,037	80,650	11,550	11,735
Amounts attributable to noncontrolling interests	'	'	-73,952	0	0	0	0
Goodwill	6,982	0	0	6,982	0	0	0
Net assets acquired including goodwill less noncontrolling interest	'	'	$73,952	$82,019	$80,650	$11,550	$11,735

Net_Investments_in_Properties_4

Net Investments in Properties (Details 3) (USD $)	3 Months Ended	12 Months Ended	0 Months Ended	1 Months Ended	2 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	Mar. 31, 2014	Mar. 31, 2014	Mar. 31, 2014	Mar. 31, 2014
			Bank Pekao	Siemens	Solo Cup Corporation	St. Petersburg Self-Storage	Kissimmee Self-Storage
Revenues from acquired properties	'	'	'	'	'	'	'
Revenues	$6,694	'	$1	$531	$998	$201	$220
Net Loss	-17,980	-241	-8,481	-5,559	-3,930	-749	-638
Net income attributable to noncontrolling interests	3,743	'	4,238	0	0	0	0
Net Loss Attributable to CPAB.:18 b Global	($14,237)	'	($4,243)	($5,559)	($3,930)	($749)	($638)

Net_Investments_in_Properties_5

Net Investments in Properties (Details 4) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2014
Pro Forma Information	'
Pro forma total revenues	$10,011
Pro forma net loss	-18,019
Loss attributable to noncontrolling interests	3,608
Pro forma net loss attributable to CPAB.:18 b Global	-14,411
Class A	'
Pro Forma Information	'
Pro forma net loss attributable to CPAB.:18 b Global	-13,015
Pro forma net loss per share	'
Weighted average shares outstanding	38,001,011
Net loss per share	($0.34)
Class C	'
Pro Forma Information	'
Pro forma net loss attributable to CPAB.:18 b Global	($1,396)
Pro forma net loss per share	'
Weighted average shares outstanding	3,820,432
Net loss per share	($0.37)

Finance_Receivables_Narratives

Finance Receivables (Narratives) (Details) (USD $)	3 Months Ended		0 Months Ended
	Mar. 31, 2014	Dec. 31, 2013	Mar. 07, 2014	Mar. 31, 2014
	property	property	Crowne Group Investments	Crowne Group Investments
			property	property
Finance Receivables	'	'	'	'
Deferred Acquisition Fee Receivable, Term	'	'	'25 years	'
Investment purchase price	'	'	$8,000,000	'
Number of properties acquired	8	3	2	5
Land	'	'	1,000,000	'
Buildings	'	'	6,800,000	'
Lease term	'	'	'25 years	'
Acquisition-related cost and fees, capitalized	40,423,000	'	200,000	'
AR billed under DFL	$200,000	'	'	'

Finance_Receivables_Details_1

Finance Receivables (Details 1) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Net Investments in Direct Financing Leases	'	'
Minimum lease payments receivable	$67,144	$50,006
Unguaranteed residual value	30,107	22,064
Gross investments in direct financing lease	97,251	72,070
Less: unearned income	-67,144	-50,006
Net investment in direct financing leases	$30,107	$22,064

Cash_Flow_Information_Details

Cash Flow Information (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Supplemental Non-cash investing and financing activities:	'	'
Deferred tax liability	$15,053	$8,350
Deferred acquisition costs (a)	412	'
Deferred offering costs (Note 3) (a)	798	'
Seller paid costs capitalized	228	'
Due to affiliates (Note 3)	1,209	'
Unsettled sales of common stock (Note 12)	7,805	'
Deferred offering costs equity charge (a)	2,507	'
Deferred financing costs (a)	127	'
Asset management fees settled in Class A shares (Note 3) (a)	215	'
First quarter distributions declared (Note 12) (a)	6,259	1,821
Agrokor d.d.	'	'
Supplemental Non-cash investing and financing activities:	'	'
Deferred tax liability	$6,936	'

Intangible_Assets_and_Liabilit2

Intangible Assets and Liabilities (Narratives) (Details) (USD $)	3 Months Ended
	Mar. 31, 2014
Acquired Finite-Lived Intangible Assets and Liabilities	'
Goodwill acquired	$6,982,000
Net amortization of intangibles	$1,300,000
Minimum	'
Acquired Finite-Lived Intangible Assets and Liabilities	'
Finite-lived intangible asset, useful life	'2 years
Maximum	'
Acquired Finite-Lived Intangible Assets and Liabilities	'
Finite-lived intangible asset, useful life	'20 years
Below-market ground lease | Maximum	'
Acquired Finite-Lived Intangible Assets and Liabilities	'
Finite-lived intangible asset, useful life	'99 years

Intangible_Assets_and_Liabilit3

Intangible Assets and Liabilities (Details 1) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014
Amortizable Intangible Assets	'
Acquired finite lived intangible assets	$67,819
Amortizable Intangible Liability	'
Acquired finite-lived intangible liabilities, weighted average useful life	'16 years 1 month 6 days
Below market lease, acquired	-2,112
In-place lease	'
Amortizable Intangible Assets	'
Acquired finite-lived intangible assets, weighted average useful life	'9 years 9 months 18 days
Acquired finite lived intangible assets	54,577
Above market rent	'
Amortizable Intangible Assets	'
Acquired finite-lived intangible assets, weighted average useful life	'9 years 2 months 12 days
Acquired finite lived intangible assets	3,787
Below-market ground lease	'
Amortizable Intangible Assets	'
Acquired finite-lived intangible assets, weighted average useful life	'76 years
Acquired finite lived intangible assets	$9,455

Intangible_Assets_and_Liabilit4

Intangible Assets and Liabilities (Details 2) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014
Goodwill	'
Goodwill - beginning balance	$0
Goodwill acquired	6,982
Goodwill - ending balance	$6,982

Intangible_Assets_and_Liabilit5

Intangible Assets and Liabilities (Details 3) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Amortizable Intangible Assets	'	'
Finite-lived intangible assets, gross	$129,903	$62,059
Less: accumulated amortization	-1,793	-498
Finite-lived intangible assets, net	128,110	61,561
Goodwill	6,982	0
Total intangible assets, gross	136,885	62,059
Total intangible assets, net	135,092	61,561
Below-market rent	'	'
Amortizable Intangible Liability	'	'
Finite-Lived Intangible Liabilities, Gross	-3,759	-1,647
Finite Lived Intangible Liabilities Accumulated Amortization	80	40
Finite Lived Intangible Liabilities Net	-3,679	-1,607
In-place lease	'	'
Amortizable Intangible Assets	'	'
Finite-lived intangible assets, gross	108,441	53,832
Less: accumulated amortization	-1,762	-495
Finite-lived intangible assets, net	106,679	53,337
Above market rent	'	'
Amortizable Intangible Assets	'	'
Finite-lived intangible assets, gross	3,787	0
Less: accumulated amortization	-7	0
Finite-lived intangible assets, net	3,780	0
Below-market ground lease	'	'
Amortizable Intangible Assets	'	'
Finite-lived intangible assets, gross	17,675	8,227
Less: accumulated amortization	-24	-3
Finite-lived intangible assets, net	$17,651	$8,224

Intangible_Assets_and_Liabilit6

Intangible Assets and Liabilities (Details 4) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014
Net Decrease (Increase) in Rental Revenue	'
2014 (remaining)	$98
2015	130
2016	121
2017	102
2018	102
Thereafter	-452
Total	101
Increase to Amortization/Property Expense	'
2014 (remaining)	6,895
2015	9,194
2016	9,194
2017	6,933
2018	8,426
Thereafter	83,688
Total	124,330
Net	'
2014 (remaining)	6,993
2015	9,324
2016	9,315
2017	7,035
2018	8,528
Thereafter	83,236
Total	$124,431

Fair_Value_Measurements_Narrat

Fair Value Measurements (Narratives) (Details)	3 Months Ended
	Mar. 31, 2014
Fair Value Disclosures [Abstract]	'
Leverage adjusted unsecured spread	1.20%
Illiquidity adjustment	0.75%

Fair_Value_Measurements_Detail

Fair Value Measurements (Details) (Level 3, USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Liabilities	'	'
Debt (a)	$254,014	$85,060
Deferred acquisition fees payable (b)	9,139	2,705
Carrying Value	'	'
Liabilities	'	'
Debt (a)	253,165	85,060
Deferred acquisition fees payable (b)	$9,546	$2,705

Risk_Management_and_Use_of_Der2

Risk Management and Use of Derivatives Financial Instruments (Narratives) (Details) (USD $)

3 Months Ended

2 Months Ended

3 Months Ended

0 Months Ended

3 Months Ended

1 Months Ended

3 Months Ended

3 Months Ended

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Solo Cup Corporation

Agrokor d.d.

Bank Pekao S.A.

Bank Pekao S.A.

Siemens

Banking Industry

Grocery Industry

Insurance Industry

Electronics Industry

Chemical, Plastic, Rubber, and Glass Industry

Office related property

Retail

Warehouse/Distribution

Domestic

Domestic

Domestic

Domestic

Domestic

International

International

International

International

International

International

International

State Farm Mutual Automobile Company

Solo Cup Corporation

Texas

Illinois

Agrokor d.d.

Bank Pekao S.A.

Siemens

Poland

Croatia

Norway

Concentration Risk

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Concentration risk, percentage

'

'

'

10.00%

'

98.00%

'

25.00%

19.00%

18.00%

15.00%

14.00%

59.00%

19.00%

14.00%

40.00%

'

'

17.00%

14.00%

60.00%

'

'

'

26.00%

19.00%

15.00%

Revenues

$6,694,000

'

$998,000

'

$1,000

'

$531,000

'

'

'

'

'

'

'

'

'

$2,100,000

$1,000,000

'

'

'

$1,900,000

'

'

'

'

'

Net investments in real estate

460,668,000

171,664,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

95,900,000

65,600,000

'

'

'

51,900,000

112,700,000

73,900,000

'

'

'

Amount of unrecognized loss related to interest rate swap reclassified to interest expense

100,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Estimated amount of derivative income loss to be reclassified to interest expense in the next 12 months

$600,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Risk_Management_and_Use_of_Der3

Risk Management and Use of Derivative Financial Instruments (Details 1) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Derivatives, Fair Value	'	'
Derivative asset fair value	$5	'
Derivative liability, fair value	-887	-219
Foreign currency forwards | Designated as Hedging Instrument | Other assets	'	'
Derivatives, Fair Value	'	'
Derivative asset fair value	5	'
Foreign currency forwards | Designated as Hedging Instrument | Accounts payable, accrued expenses and other liabilities	'	'
Derivatives, Fair Value	'	'
Derivative liability, fair value	-296	'
Interest rate swap | Designated as Hedging Instrument | Accounts payable, accrued expenses and other liabilities	'	'
Derivatives, Fair Value	'	'
Derivative liability, fair value	($591)	($219)

Risk_Management_and_Use_of_Der4

Risk Management and Use of Derivative Financial Instruments (Details 2) (Cash Flow Hedging, USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	'
Derivative instrument gain loss recognized in OCI	$663
Interest rate swap	'
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	'
Derivative instrument gain loss recognized in OCI	372
Foreign currency forwards	'
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	'
Derivative instrument gain loss recognized in OCI	$291

Risk_Management_and_Use_of_Der5

Risk Management and Use of Derivative Financial Instruments (Details 3) (Interest rate swap, USD $)	Mar. 31, 2014
In Thousands, unless otherwise specified	instrument
Interest rate swap	'
Derivative	'
Number of Instruments	3
Notional Amount	$20,099
Fair value	($591)

Risk_Management_and_Use_of_Der6

Risk Management and Use of Derivative Financial Instruments (Details 4)	Mar. 31, 2014	Mar. 31, 2014	Mar. 31, 2014	Mar. 31, 2014	Mar. 31, 2014
In Thousands, unless otherwise specified	USD ($)	Designated as Hedging Instrument	Designated as Hedging Instrument	Designated as Hedging Instrument	Designated as Hedging Instrument
		Cash Flow Hedging	Cash Flow Hedging	Cash Flow Hedging	Cash Flow Hedging
		Foreign currency forward contracts	Foreign currency forward contracts	Foreign currency forward contracts	Foreign currency forward contracts
		Euro	Euro	NOK	NOK
		USD ($)	EUR (€)	USD ($)
		instrument		instrument
Derivative	'	'	'	'	'
Number of Instruments	'	48	48	19	19
Notional Amount	'	'	€ 18,335	'	47,540
Fair value	($291)	($187)	'	($104)	'

Risk_Management_and_Use_of_Der7

Risk Management and Use of Derivatives Financial Instruments (Details 5) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Segment Reporting Information, Profit (Loss)	'	'
Revenues	$6,694	'
Loss from continuing operations before income taxes	-18,243	'
Net income attributable to noncontrolling interests	3,743	'
Net Loss Attributable to CPAB.:18 b Global	-14,237	'
Assets and Liabilities	'	'
Net investments in real estate	460,668	171,664
Non-recourse debt and bonds payable	253,165	85,060
Domestic	'	'
Segment Reporting Information, Profit (Loss)	'	'
Revenues	4,227	'
Loss from continuing operations before income taxes	-3,978	'
Net income attributable to noncontrolling interests	-287	'
Net Loss Attributable to CPAB.:18 b Global	-4,266	'
Assets and Liabilities	'	'
Net investments in real estate	222,124	119,336
Non-recourse debt and bonds payable	157,949	85,060
International	'	'
Segment Reporting Information, Profit (Loss)	'	'
Revenues	2,467	'
Loss from continuing operations before income taxes	-14,265	'
Net income attributable to noncontrolling interests	4,030	'
Net Loss Attributable to CPAB.:18 b Global	-9,971	'
Assets and Liabilities	'	'
Net investments in real estate	238,544	52,328
Non-recourse debt and bonds payable	$95,216	$0

Debt_Narratives_Details

Debt (Narratives) (Details)

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Dec. 31, 2013

Feb. 27, 2014

Feb. 27, 2014

Mar. 31, 2014

USD ($)

USD ($)

Minimum

Maximum

Fixed Rate

Fixed Rate

Variable Rate

Variable Rate

Crowne Group

Crowne Group

State Farm Mutual Automobile Company

State Farm Mutual Automobile Company

Agrokor d.d.

Agrokor d.d.

Siemens

Siemens

Siemens

Minimum

Maximum

Minimum

Maximum

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

NOK

USD ($)

Debt Instruments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Non-recourse debt

$200,662,000

$85,060,000

'

'

'

'

'

'

$12,209,000

$12,260,000

$72,800,000

$72,800,000

$42,713,000

$0

'

'

'

Bond payable

52,503,000

0

'

'

'

'

'

'

'

'

'

'

'

'

52,100,000

315,000,000

'

Debt instrument stated interest rate

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3.50%

3.50%

'

Maturity date

'

'

31-Dec-20

31-Dec-39

'

'

'

'

30-Dec-23

'

10-Sep-23

'

31-Dec-20

'

31-Dec-25

31-Dec-25

'

Mortgage loan weighted average interest rate

'

'

'

'

4.50%

5.80%

5.10%

5.60%

'

'

'

'

'

'

'

'

'

Deferred financing cost, capitalized

'

'

'

'

'

'

'

'

'

'

'

'

$1,200,000

'

'

'

$500,000

Debt_Details_1

Debt (Details 1) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Outsanding Debt	'	'
Non-recourse debt	$200,662	$85,060
Agrokor d.d.	'	'
Outsanding Debt	'	'
Interest Rate	5.80%	'
Rate Type	'Fixed	'
Maturity Date	31-Dec-20	'
Non-recourse debt	42,713	0
State Farm	'	'
Outsanding Debt	'	'
Interest Rate	4.50%	'
Rate Type	'Fixed	'
Maturity Date	10-Sep-23	'
Non-recourse debt	72,800	72,800
Crowne Group	'	'
Outsanding Debt	'	'
Interest Rate	5.60%	'
Rate Type	'Variable	'
Maturity Date	30-Dec-23	'
Non-recourse debt	12,209	12,260
Crowne II	'	'
Outsanding Debt	'	'
Interest Rate	5.40%	'
Rate Type	'Variable	'
Maturity Date	31-Dec-23	'
Non-recourse debt	4,063	0
Self Storage	'	'
Outsanding Debt	'	'
Interest Rate	4.90%	'
Rate Type	'Fixed	'
Maturity Date	1-Feb-24	'
Non-recourse debt	14,500	0
APCO	'	'
Outsanding Debt	'	'
Interest Rate	5.10%	'
Rate Type	'Variable	'
Maturity Date	5-Feb-24	'
Non-recourse debt	3,827	0
Solo Cup	'	'
Outsanding Debt	'	'
Interest Rate	5.10%	'
Rate Type	'Fixed	'
Maturity Date	6-Feb-24	'
Non-recourse debt	47,250	0
Air Enterprises	'	'
Outsanding Debt	'	'
Interest Rate	5.30%	'
Rate Type	'Fixed	'
Maturity Date	1-Apr-39	'
Non-recourse debt	$3,300	$0

Debt_Details_2

Debt (Details 2) (USD $)	Mar. 31, 2014
In Thousands, unless otherwise specified
Long-term Debt, Fiscal Year Maturity	'
2014 (remaining)	$1,230
2015	1,650
2016	1,654
2017	1,832
2018	1,877
Thereafter through 2039	244,922
Total	$253,165

Loss_Per_Share_and_Equity_Narr

Loss Per Share and Equity (Narratives) (Details) (USD $)	3 Months Ended					1 Months Ended		1 Months Ended
	Mar. 31, 2014	Dec. 31, 2013	Jul. 25, 2013	Mar. 31, 2014	Mar. 19, 2014	Apr. 30, 2014	Mar. 19, 2014	Apr. 30, 2014
				Class A	Class A	Class A	Class C	Class C
						Subsequent event		Subsequent event
Stock-based Compensation	'	'	'	'	'	'	'	'
Shareholder servicing fee incurred	$88,000	'	'	'	'	'	'	'
Common stock, shares issued	'	'	'	'	'	11,026,641	'	656,963
Unsettled shares, shares	'	'	'	1,108,388	'	'	'	'
Unsettled shares, value	7,805,000	'	'	'	'	'	'	'
Amount of unrecognized loss related to interest rate swap reclassified to interest expense	100,000	'	'	'	'	'	'	'
Distributions Declared	'	'	'	'	'	'	'	'
Initial minimum offering amount	'	'	2,000,000	'	'	'	'	'
Daily distribution rate	'	'	'	'	$0.00	'	$0.00	'
Dividend payable date	'2014-07	'	'	'	'	'	'	'
Distributions payable	$6,259,000	$1,821,000	'	'	'	'	'	'

Loss_Per_Share_and_Equity_Deta

Loss Per Share and Equity (Details 1) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2014
Basic	'
Net Loss Attributable to CPAB.:18 b Global	($14,237)
Class A common stock	'
Basic	'
Weighted-Average Shares Outstanding	38,001,011
Net Loss Attributable to CPAB.:18 b Global	-12,856
Loss Per Share (in dollars per share)	($0.34)
Class C common stock	'
Basic	'
Weighted-Average Shares Outstanding	3,820,432
Net Loss Attributable to CPAB.:18 b Global	($1,381)
Loss Per Share (in dollars per share)	($0.36)

Loss_Per_Share_and_Equity_Deta1

Loss Per Share and Equity (Details 2) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014
Reconciliation Of Accumulated Comprehensive Income	'
Beginning balance	($94)
Other comprehensive income (loss) before reclassifications	-1,235
Amounts reclassified from accumulated other comprehensive loss to:	'
Net current-period Other comprehensive income	-1,124
Net current-period Other comprehensive (income) loss attributable to noncontrolling interests	324
Ending balance	-894
Interest expense	'
Amounts reclassified from accumulated other comprehensive loss to:	'
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	111
Unrealized Gains (Losses) on Derivative Instruments	'
Reconciliation Of Accumulated Comprehensive Income	'
Beginning balance	-219
Other comprehensive income (loss) before reclassifications	-774
Amounts reclassified from accumulated other comprehensive loss to:	'
Net current-period Other comprehensive income	-663
Net current-period Other comprehensive (income) loss attributable to noncontrolling interests	0
Ending balance	-882
Unrealized Gains (Losses) on Derivative Instruments | Interest expense	'
Amounts reclassified from accumulated other comprehensive loss to:	'
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	111
Foreign Currency Translation Adjustments	'
Reconciliation Of Accumulated Comprehensive Income	'
Beginning balance	125
Other comprehensive income (loss) before reclassifications	-461
Amounts reclassified from accumulated other comprehensive loss to:	'
Net current-period Other comprehensive income	-461
Net current-period Other comprehensive (income) loss attributable to noncontrolling interests	324
Ending balance	-12
Foreign Currency Translation Adjustments | Interest expense	'
Amounts reclassified from accumulated other comprehensive loss to:	'
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	$0

Subsequent_Event_Narratives_De

Subsequent Event (Narratives) (Details) (Subsequent event, USD $)	1-May-14
In Millions, unless otherwise specified
Subsequent event	'
Subsequent Event	'
Reallocation of Dividend Reinvestment Plan Shares	$250