Corporate Property Associates 18 Global (CPYA) 10-Q 15 May 15 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2015	8-May-15
Document Entity Information [Abstract]
Document Type	10-Q
Document Period End Date	31-Mar-15
Amendment Flag	FALSE
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	-19
Entity Central Index Key	1558235
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
Class A
Document Entity Information [Abstract]
Entity Common Stock Shares Outstanding		101,600,725
Class C
Document Entity Information [Abstract]
Entity Common Stock Shares Outstanding		29,066,610

Consolidated_Balance_Sheets_Un

Consolidated Balance Sheets (Unaudited) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Investments in real estate:
Real estate, at cost	$705,283	$743,735
Operating real estate, at cost	233,983	133,596
Accumulated depreciation	-17,253	-11,814
Net investments in properties	922,013	865,517
Real estate under construction (inclusive of $21,773 and $0, respectively, attributable to variable interest entities, or VIEs)	42,501	2,258
Net investments in direct financing leases	45,588	45,582
Note receivable	28,000	28,000
Net investments in real estate	1,038,102	941,357
Cash and cash equivalents (inclusive of $8,696 and $0, respectively, attributable to variable interest entities, or VIEs)	539,094	429,548
In-place lease intangible assets, net	159,320	167,635
Other intangible assets, net	23,017	25,667
Goodwill	8,770	9,692
Other assets, net (inclusive of $2,787 and $0, respectively, attributable to VIEs)	38,530	41,985
Total assets	1,806,833	1,615,884
Liabilities:
Non-recourse debt	578,973	430,462
Bonds payable	84,112	91,250
Deferred income taxes	26,220	28,753
Accounts payable, accrued expenses and other liabilities (inclusive of $411 and $0, respectively, attributable to VIEs)	33,525	26,911
Due to affiliate	24,751	20,651
Distributions payable	18,666	17,629
Total liabilities	766,247	615,656
Commitments and contingencies (Note 11)
CPA®:18 – Global stockholders’ equity:
Preferred stock, $0.001 par value; 50,000,000 shares authorized; none issued	0	0
Additional paid-in capital	1,161,196	1,056,862
Distributions and accumulated losses	-141,809	-111,878
Accumulated other comprehensive loss	-46,476	-20,941
Less: treasury stock at cost 334,267 and 155,246 shares, respectively	-3,222	-1,520
Total CPA®:18 – Global stockholders’ equity	969,819	922,641
Noncontrolling interests	70,767	77,587
Total equity	1,040,586	1,000,228
Total liabilities and equity	1,806,833	1,615,884
Class A common stock
CPA®:18 – Global stockholders’ equity:
Common stock	101	100
Total equity	101	100
Class C common stock
CPA®:18 – Global stockholders’ equity:
Common stock	29	18
Total equity	$29	$18

Consolidated_Balance_Sheets_Un1

Consolidated Balance Sheets (Unaudited) (Parentheticals) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, except Share data, unless otherwise specified
Assets
Real estate under construction	$42,501	$2,258
Cash and cash equivalents	539,094	429,548
Other assets	38,530	41,985
Liabilities:
Accounts payable and accrued liabilities	33,525	26,911
CPA®:18 – Global stockholders’ equity:
Preferred stock, par value		$0.00
Preferred stock, authorized	50,000,000	50,000,000
Preferred Stock, Shares Issued	0	0
Treasury stock, shares	334,267	155,246
Class A common stock
CPA®:18 – Global stockholders’ equity:
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	320,000,000	320,000,000
Common stock, shares issued	101,043,119	100,079,255
Common stock, shares outstanding	100,713,608	99,924,009
Class C common stock
CPA®:18 – Global stockholders’ equity:
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	80,000,000	80,000,000
Common stock, shares issued	28,667,196	18,026,013
Common stock, shares outstanding	28,662,440	18,026,013
VIE
Assets
Real estate under construction	21,773	0
Cash and cash equivalents	8,696	0
Other assets	2,787	0
Liabilities:
Accounts payable and accrued liabilities	$411	$0

Consolidated_Statement_of_Oper

Consolidated Statement of Operations (Unaudited) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Lease revenues:
Rental income	$17,089	$5,659
Interest income from direct financing leases	1,019	552
Total lease revenue	18,108	6,211
Other real estate income	6,133	421
Other operating income	2,231	62
Other interest income	700	0
Total revenues	27,172	6,694
Operating Expenses
Depreciation and amortization	12,119	2,715
Acquisition expenses (inclusive of $5,462 and $15,872, respectively, to a related party)	6,600	18,994
Property expenses (inclusive of $1,417 and $331, respectively, to a related party)	3,917	627
Other real estate expenses	2,593	117
General and administrative (inclusive of $658 and $104, respectively, to a related party)	1,884	638
Operating Expenses	27,113	23,091
Other Income and Expenses
Interest expense (inclusive of $77 and $20, respectively, to a related party)	-7,138	-2,076
Other (expenses) and income	-2,498	54
Other Income and Expenses	-9,636	-2,022
Loss before income taxes	-9,577	-18,419
Provision for income taxes	-327	-24
Net Loss	-9,904	-18,443
Net (income) loss attributable to noncontrolling interests (inclusive of Available Cash Distributions to a related party of $894 and $69, respectively)	-1,361	3,773
Net Loss Attributable to CPA®:18 – Global	-11,265	-14,670
Class A
Other Income and Expenses
Net Loss Attributable to CPA®:18 – Global	-8,807	-13,250
Weighted-average shares outstanding	100,642,226	38,001,011
Net loss per share (in dollars per share)	($0.09)	($0.35)
Distributions declared per share (in dollars per share)	$0.16	$0.16
Class C
Other Income and Expenses
Net Loss Attributable to CPA®:18 – Global	($2,458)	($1,420)
Weighted-average shares outstanding	22,381,181	3,820,432
Net loss per share (in dollars per share)	($0.11)	($0.37)
Distributions declared per share (in dollars per share)	$0.13	$0.13

Consolidated_Statement_of_Oper1

Consolidated Statement of Operations (Unaudited) (Parentheticals) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Operating Expenses
Acquisition expenses	$6,600	$18,994
Property expense	3,917	627
General and administrative expense	1,884	638
Interest expense, related party	77	20
Distributions of available cash	894	69
Related Party
Operating Expenses
Acquisition expenses	5,462	15,872
Property expense	1,417	331
General and administrative expense	$658	$104

Consolidated_Statement_of_Comp

Consolidated Statement of Comprehensive Loss (Unaudited) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Statement of Comprehensive Income [Abstract]
Net Loss	($9,904)	($18,443)
Other Comprehensive Loss
Foreign currency translation adjustments	-33,629	-285
Change in net unrealized gain (loss) on derivative instruments	2,026	-663
Change in unrealized loss on derivative instrument	2,026	-663
Other Comprehensive Loss	-31,603	-948
Comprehensive Loss	-41,507	-19,391
Amounts Attributable to Noncontrolling Interests
Net (income) loss	-1,361	3,773
Foreign currency translation adjustments	6,068	324
Comprehensive loss attributable to noncontrolling interests	4,707	4,097
Comprehensive Loss Attributable to CPA®:18 – Global	($36,800)	($15,294)

Consolidated_Statements_of_Equ

Consolidated Statements of Equity (Unaudited) (USD $)	Total	Additional Paid-In Capital	Distributions and Accumulated Losses	Accumulated Other Comprehensive Loss	Treasury Stock	Total CPA 18 - Global Stockholders	Noncontrolling Interests	Class A	Class C
In Thousands, except Share data, unless otherwise specified
Beginning equity balance, value at Dec. 31, 2013	$250,471	$215,371	($2,567)	($94)		$212,734	$37,737	$21	$3
Beginning equity balance, shares at Dec. 31, 2013								21,290,097	2,776,001
Statements of Equity
Shares issued net of offering cost, value	359,552	359,512				359,552		38	2
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	-18,443		-14,670			-14,670	-3,773
Other Comprehensive Loss:
Foreign currency translation adjustments	-285			39		39	-324
Change in unrealized loss on derivative instrument	-663			-663		-663
Ending equity balance, value at Mar. 31, 2014	672,120	575,098	-23,496	-718	0	550,948	121,172	59	5
Ending equity balance, shares at Mar. 31, 2014								59,314,868	4,994,383
Beginning equity balance, value at Dec. 31, 2014	1,000,228	1,056,862	-111,878	-20,941	-1,520	922,641	77,587	100	18
Beginning equity balance, shares at Dec. 31, 2014								99,924,009	18,026,013
Statements of Equity
Shares issued net of offering cost, value	103,039	103,027				103,039	0	1	11
Shares issued net of offering cost, shares								833,103	10,641,183
Shares issued to affiliate, value	1,307	1,307				1,307
Shares issued to affiliate, shares								130,761
Contributions from noncontrolling interests	646						646
Distributions to noncontrolling interests	-2,759						-2,759
Distributions declared	-18,666		-18,666			-18,666
Net Loss	-9,904		-11,265			-11,265	1,361
Other Comprehensive Loss:
Foreign currency translation adjustments	-33,629			-27,561		-27,561	-6,068
Change in unrealized loss on derivative instrument	2,026			2,026		2,026
Repurchase of shares, value	-1,702				-1,702	-1,702
Repurchase of shares, shares								-174,265	-4,756
Ending equity balance, value at Mar. 31, 2015	$1,040,586	$1,161,196	($141,809)	($46,476)	($3,222)	$969,819	$70,767	$101	$29
Ending equity balance, shares at Mar. 31, 2015								100,713,608	28,662,440

Consolidated_Statements_of_Equ1

Consolidated Statements of Equity (Unaudited) (Parentheticals) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Class A
Statements of Equity
Distributions declared per share (in dollars per share)	$0.16	$0.16
Class C
Statements of Equity
Distributions declared per share (in dollars per share)	$0.13	$0.13

Consolidated_Statement_of_Cash

Consolidated Statement of Cash Flows (Unaudited) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Cash Flows — Operating Activities
Net Cash Provided by (Used in) Operating Activities	$9,586	($131)
Cash Flows — Investing Activities
Acquisitions of real estate and direct financing leases, net of cash acquired	-147,423	-350,937
Change in investing restricted cash	7,884	-5,707
Value added taxes paid in connection with acquisition of real estate	-2,564	-34,071
Funding for build-to-suit projects	-2,137	0
Payment of deferred acquisition fees to an affiliate	-1,069	-644
Value added taxes refunded in connection with acquisition of real estate	0	2,672
Net Cash Used in Investing Activities	-145,309	-388,687
Cash Flows — Financing Activities
Proceeds from issuance of shares, net of issuance costs	104,920	357,447
Proceeds from mortgage financing	185,616	115,883
Scheduled payments of mortgage principal	-18,295	-328
Distributions paid	-17,631	-1,821
Distributions to noncontrolling interests	-2,759	-8,357
Payment of deferred financing costs and mortgage deposits	-2,562	-1,794
Purchase of treasury stock	-1,702	0
Contributions from noncontrolling interests	646	95,889
Receipt of tenant security deposits	7	4,072
Scheduled payments of mortgage principal	0	52,066
Net Cash Provided by Financing Activities	248,240	613,057
Change in Cash and Cash Equivalents During the Period
Effect of exchange rate changes on cash and cash equivalents	-2,971	299
Net increase in cash and cash equivalents	109,546	224,538
Cash and cash equivalents, beginning of period	429,548	109,061
Cash and cash equivalents, end of period	$539,094	$333,599

Organization_and_Offering

Organization and Offering	3 Months Ended
	Mar. 31, 2015
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 publicly-owned, non-listed real estate investment trust, or REIT, formed in 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. As a REIT, we are not subject to U.S federal income taxation as long as we satisfy certain requirements, principally relating to the nature of our income, the level of our distributions, and other factors. We earn revenue principally by leasing the properties we own to single corporate tenants, primarily on a triple-net lease basis, which requires the tenant to pay substantially all of the costs associated with operating and maintaining the property. Revenue is subject to fluctuation because of the timing of new lease transactions, lease terminations, lease expirations, contractual rent adjustments, tenant defaults, sales of properties, and changes in foreign currency exchange rates.
	Substantially all of our assets and liabilities are held by CPA:18 Limited Partnership, a Delaware limited partnership, which is our Operating Partnership, and at March 31, 2015 we owned 99.97% of general and limited partnership interests in the Operating Partnership. The remaining interest in the Operating Partnership is held by a subsidiary of our sponsor, W. P. Carey Inc., or WPC.
	At March 31, 2015, the majority of our portfolio was comprised of full or partial ownership interests in 49 properties, the majority of which were fully-occupied and triple-net leased to 77 tenants totaling 7.8 million square feet. The remainder of our portfolio was comprised of our full or partial ownership interests in 20 self-storage properties and five multi-family properties totaling 2.6 million square feet.
	We are managed by WPC through one of its subsidiaries, which is the advisor. The 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 the advisor, provides asset management services with respect to our foreign investments.
	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, and we commenced our initial public offering of up to $1.4 billion in shares of our common stock, in any combination of Class A and Class C shares, including $150.0 million in shares of common stock through 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. 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 4).
	We ceased accepting new orders for shares of Class A and Class C common stock on June 30, 2014 and March 27, 2015, respectively. We closed our offering on April 2, 2015. Through March 31, 2015, we raised gross offering proceeds for our Class A common stock and Class C common stock of $977.4 million and $264.9 million, respectively. The gross offering proceeds raised exclude reinvested distributions through the DRIP of $25.9 million and $3.5 million for our Class A common stock and Class C common stock, respectively.

Revision_of_Prior_Period_Finan

Revision of Prior Period Financial Statements	3 Months Ended
	Mar. 31, 2015
Accounting Changes and Error Corrections [Abstract]
Revision of Prior Period Financial Statements	Revision of Prior Period Financial Statements
	Description of the Errors and Revisions
	In the course of preparing our consolidated financial statements for the 2014 Annual Report, we discovered an error related to our accounting for a subsidiary’s functional currency, which was incorrectly designated as the euro instead of the U.S. dollar, and as a result the applicable financial results of this entity were being translated when they should have been remeasured. The correction of this error resulted in the increase of foreign currency losses within the consolidated statement of operations and a decrease of foreign currency losses in the consolidated statements of comprehensive loss for the same amounts. We concluded that these revision adjustments, summarized in the tables below, were not material to our financial position or results of operations the prior period presented and revised the prior period presented herein to reflect the correction of this error.
	We corrected this error, and one other error previously recorded as an out-of-period adjustment, and revised our consolidated financial statements for all prior periods impacted. Accordingly, our financial results for the prior period presented herein have been revised for the correction of such errors as follows (in thousands, except share and per share amounts):
	Consolidated Statement of Operations
			Three Months Ended March 31, 2014
			As Reported				Revisions			As Revised
	Revenues
	Total revenues		$	6,694			$	—		$	6,694
	Operating Expenses
	Total operating expenses		23,091				—			23,091
	Other Income and Expenses
	Other income and (expenses) (b)		230				(176		)	54
			(1,846		)		(176		)	(2,022		)
	Loss before income taxes		(18,243		)		(176		)	(18,419		)
	Benefit from (provision for) income taxes (a)		263				(287		)	(24		)
	Net Loss		(17,980		)		(463		)	(18,443		)
	Net loss attributable to noncontrolling interests (a)		3,743				30			3,773
	Net Loss Attributable to CPA®:18 – Global		$	(14,237	)		$	(433	)	$	(14,670	)
	Class A common stock
	Net loss attributable to CPA®:18 – Global		$	(12,856	)		$	(394	)	$	(13,250	)
	Weighted-average shares outstanding		38,001,011				—			38,001,011
	Loss per share		$	(0.34	)		$	(0.01	)	$	(0.35	)
	Class C common stock
	Net loss attributable to CPA®:18 – Global		$	(1,381	)		$	(39	)	$	(1,420	)
	Weighted-average shares outstanding		3,820,432				—			3,820,432
	Loss per share		$	(0.36	)		$	(0.01	)	$	(0.37	)
	Consolidated Statement of Comprehensive Loss
			Three Months Ended March 31, 2014
			As Reported				Revisions			As Revised
	Net Loss (a) (b)		$	(17,980	)		$	(463	)	$	(18,443	)
	Other Comprehensive Loss
	Foreign currency translation adjustments (b)		(461		)		176			(285		)
	Change in net unrealized loss on derivative instruments		(663		)		—			(663		)
			(1,124		)		176			(948		)
	Comprehensive Loss		(19,104		)		(287		)	(19,391		)
	Amounts Attributable to Noncontrolling Interests
	Net loss (a)		3,743				30			3,773
	Foreign currency translation adjustments		324				—			324
	Comprehensive loss attributable to noncontrolling interests		4,067				30			4,097
	Comprehensive Loss Attributable to CPA®:18 – Global		$	(15,037	)		$	(257	)	$	(15,294	)
	Consolidated Statement of Equity
		CPA®:18 – Global Stockholders
													Additional Paid-In Capital		Distributions			Accumulated			Total CPA®:18 – Global Stockholders			Noncontrolling Interests (a)
		Common Stock													and			Other Comprehensive Loss (b)
		Class A							Class C						Accumulated
	Balance at	Shares			Amount				Shares		Amount				Losses (a) (b)												Total
	31-Mar-14
	As Reported	59,314,868			$	59			4,994,383		$	5	$	575,098	$	(23,063	)	$	(894	)	$	551,205		$	121,202		$	672,407
	Revisions	—			—				—		—		—		(433		)	176			(257		)	(30		)	(287		)
	As Revised	59,314,868			$	59			4,994,383		$	5	$	575,098	$	(23,496	)	$	(718	)	$	550,948		$	121,172		$	672,120
	___________
	(a)	In connection with the error identified above, we also made an adjustment to reflect the correction of one other out-of-period adjustment that was identified during 2014 and recorded this adjustment in the prior period presented. This adjustment related to the initial recognition of deferred tax balances related to the misinterpretation of tax requirements in the corresponding foreign jurisdictions, and as a result we did not recognize a deferred tax liability and corresponding deferred tax expense within the correct reporting period.
	(b)	These adjustments are the result of the error we identified related to foreign currency matters, as discussed above.
	Statement of Cash Flows
	These revisions had no net impact on Net cash used in operating activities, Net cash used in investing activities, or Net cash provided by financing activities in the statement of cash flows for the three months ended March 31, 2014.

Basis_of_Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2015
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 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 United States, 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, 2014, which are included in the 2014 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 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.
	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 VIE, and, if so, whether we are deemed to be the primary beneficiary and are therefore required to consolidate the entity. Significant judgment is required to determine whether a VIE should be consolidated. 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. We performed an analysis on all of our subsidiary entities to determine whether they qualify as VIEs and whether they should be consolidated or accounted for as equity investments in an unconsolidated venture. As a result of our assessment, we have concluded that one of our subsidiaries qualified as a VIE. All of our subsidiaries are consolidated.
	For an entity that is not considered to be a VIE, but rather a voting interest entity, 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 (i) the substantive ability to dissolve or liquidate the limited partnership or otherwise remove the general partners without cause or (ii) 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.
	Recent Accounting Requirements
	The following Accounting Standards Updates, or ASUs, promulgated by the Financial Accounting Standards Board are applicable to us:
	ASU 2015-03, Interest-Imputation of Interest (Subtopic 835-30).  ASU 2015-03, changes the presentation of debt issuance costs, which are currently recognized as a deferred charge (that is, an asset) and requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts.  ASU 2015-03 does not affect the recognition and measurement guidance for debt issuance costs. ASU 2015-03 is effective for periods beginning after December 15, 2015, early adoption is permitted and retrospective application is required. We are currently evaluating the impact of ASU 2015-03 on our consolidated financial statements.
	ASU 2014-09, Revenue from Contracts with Customers (Topic 606). ASU 2014-09 is a comprehensive new revenue recognition model requiring a company to recognize revenue to depict the transfer of goods or services to a customer at an amount reflecting the consideration it expects to receive in exchange for those goods or services. ASU 2014-09 does not apply to our lease revenues, but will apply to reimbursed tenant costs and revenues generated from our operating properties. Additionally, this guidance modifies disclosures regarding the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. In April 2015, the Financial Accounting Standards Board issued a proposed ASU to defer the effective date of ASU 2014-09 by one year. Under the proposal, ASU 2014-09 would be effective beginning in 2018, and early adoption is permitted but not before 2017, the original public company effective date. We are currently evaluating the impact of ASU 2014-09 on our consolidated financial statements and have not yet determined the method by which we will adopt the standard.

Agreements_and_Transactions_wi

Agreements and Transactions with Related Parties	3 Months Ended
	Mar. 31, 2015
Related Party Transactions [Abstract]
Agreements and Transactions with Related Parties	Agreements and Transactions with Related Parties
	Transactions with the Advisor
	We have an advisory agreement with the advisor whereby the advisor performs 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 current advisory agreement is scheduled to expire on December 31, 2015 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,
			2015		2014
	Amounts Included in the Consolidated Statements of Operations
	Acquisition expenses		$	5,462	$	15,872
	Asset management fees		1,417		331
	Available Cash Distribution		894		69
	Shareholder servicing fee		500		88
	Personnel and overhead reimbursements		158		16
	Interest expense on deferred acquisition fees		77		20
			$	8,508	$	16,396
	Other Transaction Fees Incurred
	Selling commissions and dealer manager fees		$	3,678	$	38,670
	Current acquisition fees		3,466		484
	Deferred acquisition fees		2,773		798
	Offering costs		453		471
			$	10,370	$	40,423
			31-Mar-15		31-Dec-14
	Due to Affiliate
	Deferred acquisition fees, including interest		$	18,947	$	17,525
	Current acquisition fees		3,636		—
	Accounts payable		874		2,702
	Reimbursable costs		806		46
	Asset management fees payable		488		378
			$	24,751	$	20,651
	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 LLC, or Carey Financial, our dealer manager and an affiliate of our advisor, 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 1.5% of the gross proceeds from the initial public offering. From inception and through March 31, 2015, the advisor has incurred organization and offering costs of $8.5 million on our behalf, of which we repaid $8.4 million. We recorded a liability to the advisor for the remaining unpaid offering costs based on our estimate of expected gross offering proceeds. From inception and through March 31, 2015, we charged $8.1 million of deferred offering costs to stockholder’s equity.
	Loans 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 the 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, 2015 and 2014 nor did we have any amounts outstanding at March 31, 2015 and December 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 our option, after consultation with of the advisor. If the advisor receives 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, if net asset values have not yet been published, as currently is the case, $10.00 per share, which is the price at which our Class A shares were being sold in our initial public offering. For 2015, we elected to pay the advisor in shares of our Class A common stock. For both the three months ended March 31, 2015 and 2014, the advisor received its asset management fees in shares of our Class A common stock. At March 31, 2015, the advisor owned 391,273 shares, or 0.4%, of our outstanding Class A common stock. Asset management fees are included in Property expenses in the consolidated financial statements.
	Selling Commissions and Dealer Manager Fees
	Pursuant to our dealer manager agreement with Carey Financial, Carey Financial received 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 were 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 our Class C common stock, which it may reallow to selected dealers. The amount of the shareholder servicing fee is 1.0% of the selling price per share (or, once published, the amount of our net asset values) 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, 2015 and 2014 was $0.5 million and $0.1 million, respectively, and is included in General and administrative expenses in the consolidated financial statements.
	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 of 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 in which a property was purchased. Unpaid deferred acquisition fees are included in Due to affiliate in the consolidated financial statements. The total acquisition fees to be paid (initial and subordinated, and including interest thereon) may 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.
	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 other publicly-owned, non-listed REITs that are managed by the advisor, including Corporate Property Associates 17 – Global Incorporated, or CPA®:17 – Global, and, together with us, as the CPA® REITs, and Carey Watermark Investors Incorporated, or CWI. The advisor allocates these expenses to us based on the average of the trailing four quarters of reported revenues of WPC, the CPA® REITs, and CWI.
	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. Under the revised advisory agreement, in 2015 and 2016, the amount of personnel costs excluding costs related to the advisor’s legal transaction group allocated to us is capped at 2.4% and 2.2%, respectively, of pro rata lease revenues for each year. Beginning in 2017, the cap decreases to 2.0% of pro rata lease revenues for that year. Costs related to the legal transactions group are based on a schedule of expenses for different types of transactions, including 0.25% of the total investment cost of an acquisition. 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 most recent four trailing quarters, 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, which is defined as cash generated from operations, excluding capital proceeds, as reduced by operating expenses and debt service, excluding prepayments and balloon payments. During the three months ended March 31, 2015 and 2014, we made $0.9 million and $0.1 million of such distributions, respectively. Available cash distributions are included in Net (income) loss attributable to noncontrolling interests in the consolidated financial statements.
	Jointly-Owned Investments and Other Transactions with our Affiliate
	At March 31, 2015, we owned interests in four jointly-owned investments, with the remaining interests held by our affiliate CPA®:17 – Global, which is also managed by the advisor, as follows:
	•	$108.3 million, of which our share was $55.2 million, or 51%, for an office facility located in Stavanger, Norway on October 31, 2014;
	•	$147.9 million, of which our share was $74.0 million, or 50%, for an office facility located in Warsaw, Poland on March 31, 2014;
	•	$97.0 million, of which our share was $77.6 million, or 80%, for a retail portfolio consisting of five properties located in Croatia on December 18, 2013; and
	•	$115.6 million, of which our share was $57.8 million, or 50%, for an office facility located in Austin, Texas on August 20, 2013.
	We consolidate all of the above joint ventures because we are either the majority equity holder and/or control the significant activities of the ventures. Additionally, no other parties, including CPA®:17 – Global, hold any rights that overcome our control. We account for CPA®:17 – Global’s investments as noncontrolling interests. The amounts listed above are the original investment amounts at the closing of each respective investment.

Net_Investments_in_Properties

Net Investments in Properties	3 Months Ended
	Mar. 31, 2015
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-15				December 31, 2014
	Land	$	102,158			$	104,604
	Buildings	603,125				639,131
	Less: Accumulated depreciation	(14,928		)		(10,875		)
		$	690,355			$	732,860
	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, 2015 was a $45.3 million decrease from December 31, 2014 to March 31, 2015.
	Operating Real Estate
	Operating real estate, which consists of our domestic self-storage and multi-family properties, at cost, is summarized as follows (in thousands):
		March 31, 2015				December 31, 2014
	Land	$	48,205			$	28,040
	Buildings	185,778				105,556
	Less: Accumulated depreciation	(2,325		)		(939		)
		$	231,658			$	132,657
	During the three months ended March 31, 2015, we acquired 11 new investments. Of these investments, two were deemed to be asset acquisitions and nine were considered to be business combinations. We refer to these investments as our 2015 Acquisitions.
	Asset Acquisitions
	During the three months ended March 31, 2015, we entered into two build-to-suit investments, which were deemed to be asset acquisitions because we acquired the seller’s properties and simultaneously entered into new leases in connection with the acquisitions, at a total cost of $39.0 million, including acquisition-related costs and fees of $6.2 million, which were capitalized.
	Rabobank — On March 20, 2015, we closed and funded the first draw of a build-to-suit joint venture with a third party on a site located in Eindhoven, the Netherlands for $21.7 million, which is based on the exchange rate of the euro on the date of acquisition. This acquisition includes the development of an office building (including parking spaces) in two phases, which is due for completion in April 2017 and March 2019. We will acquire additional equity of the entity developing the building in stages throughout the construction period. We consolidate this joint venture as we are expected to fund all of the construction activities, we control the related activities, and we will fully own this property upon completion.
	Reading — On February 19, 2015, we closed a build-to-suit joint venture with a third party on a student housing development site located in Reading, United Kingdom for $17.3 million, which is based on the exchange rate of the British pound sterling on the date of acquisition. We acquired 96% of the equity of this investment at closing. This acquisition includes an existing office building and its redevelopment into a student housing facility, which is due for completion in August 2016.
	See the Real Estate Under Construction section below for more information regarding our build-to-suit investments.
	A portion of the transaction fees capitalized include current and deferred acquisition fees paid and payable, respectively, to the advisor (Note 4).
	Business Combinations
	Business Combinations — Net-Leased Property
	Broadfold — On March 24, 2015, we acquired a light industrial site located in Aberdeen, United Kingdom from an unaffiliated third party for $6.8 million, which is based on the exchange rate of the British pound sterling on the date of acquisition. The site is fully occupied by three tenants. We intend to engage an unaffiliated third party to act as the asset manager for this property. We deemed this to be a business combination because we assumed the seller’s lease on the property, for which the seller was not the lessee, and expensed acquisition costs of $0.7 million.
	Business Combinations — Operating Properties
	During the three months ended March 31, 2015, we entered into six self-storage investments and two multi-family investments that are considered to be operating properties, at a total cost of $106.9 million.
	Self-Storage Properties
	We acquired the following self-storage properties, aggregating $45.4 million, during the three months ended March 31, 2015, which we refer to as our 2015 Self Storage Acquisitions:
	•	$4.0 million for a facility in Panama City Beach, Florida on March 10, 2015;
	•	$6.0 million for a facility in Lady Lake, Florida on February 25, 2015;
	•	$3.0 million for a facility in Sebastian, Florida on February 18, 2015;
	•	$7.5 million for a facility in Tallahassee, Florida on February 4, 2015;
	•	$9.2 million for a facility in Valrico, Florida on January 29, 2015; and
	•	$15.6 million for a facility in Naples, Florida on January 28, 2015.
	In connection with these self-storage property transactions, we incurred acquisition expenses totaling $2.5 million, which are included in Acquisition expenses in the consolidated financial statements.
	We acquired the following multi-family properties aggregating $61.5 million.
	Pinnacle Ridge — On January 15, 2015, we acquired a 97% controlling interest in Pinnacle Ridge Apartments, or Pinnacle Ridge, a 350-unit multi-family property located in Durham, North Carolina, for $34.3 million. The deal was completed in partnership with two joint venture partners. One of the venture partners has been engaged to be the property manager. Simultaneously, we entered into a mortgage loan in the amount of $24.0 million (Note 9).
	Brantley Pines — On January 15, 2015, we acquired a 97% controlling interest in Brantley Pines Apartments, or Brantley Pines, a 296-unit multi-family property located in Fort Myers, Florida, for $27.2 million. The deal was completed in partnership with two joint venture partners. One of the venture partners has been engaged to be the property manager. Simultaneously, we entered into a mortgage loan in the amount of $19.0 million (Note 9).
	In connection with our multi-family property transactions, we incurred acquisition expenses totaling $3.3 million, which are included in Acquisition expenses in the consolidated financial statements.
	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, 2015 (in thousands):
			2015 Business Combinations (a)
			Net-Leased Property				Operating Properties			Total
	Cash consideration		$	6,821			$	105,029		$	111,850
	Assets acquired at fair value:
	Land		$	1,022			$	20,166		$	21,188
	Buildings		4,815				79,796			84,611
	In-place lease intangible assets		984				7,095			8,079
	Above-market rent intangible assets		—				137			137
	Other assets assumed		—				5			5
			6,821				107,199			114,020
	Liabilities assumed at fair value:
	Below-market rent intangible liabilities		—				(85		)	(85		)
	Other liabilities assumed		—				(240		)	(240		)
			—				(325		)	(325		)
	Total identifiable net assets		6,821				106,874			113,695
	Amounts attributable to noncontrolling interest		—				(1,845		)	(1,845		)
			$	6,821			$	105,029		$	111,850
			Net-Leased Property				Operating Properties
			March 24, 2015 through				Respective Acquisition Dates through			Total
			31-Mar-15				31-Mar-15
	Revenues		$	15			$	3,401		$	3,416
	Net loss		$	(731	)		$	(4,445	)	$	(5,176	)
Net loss attributable to noncontrolling interest		—				11			11
Net loss attributable to CPA®:18 – Global stockholders		$	(731	)		$	(4,434	)	$	(5,165	)
___________
(a)	The purchase price for each transaction 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 significant acquisitions deemed business combinations that we completed during the three months ended March 31, 2015 and 2014, and any new financings related to these acquisitions, had occurred on January 1, 2014. The pro forma information below includes all business combinations. 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,
		2015				2014
Pro forma total revenues (a)		$	27,564			$	12,194
Pro forma net loss (b)		(5,813		)		(22,733		)
Pro forma net (income) loss attributable to noncontrolling interests		(1,361		)		3,608
Pro forma net loss attributable to CPA®:18 – Global		$	(7,174	)		$	(19,125	)
Pro forma loss per Class A share:
Net loss attributable to CPA®:18 – Global		$	(5,460	)		$	(17,218	)
Weighted-average shares outstanding		100,642,226				38,001,011
Loss per share		$	(0.05	)		$	(0.45	)
Pro forma loss per Class C share:
Net loss attributable to CPA®:18 – Global		$	(1,714	)		$	(1,907	)
Weighted-average shares outstanding		22,381,181				3,820,432
Loss per share		$	(0.08	)		$	(0.50	)
___________
(a)	Pro forma total revenues includes revenues from lease contracts based on the terms in place at March 31, 2015 and does not include adjustments to contingent rental amounts.
(b)	The pro forma table above presents acquisition expenses related to our significant business combinations of $4.2 million as if they were incurred on January 1, 2014.
Real Estate Under Construction
The following table provides the activity of our Real estate under construction (in thousands):
	31-Mar-15				31-Dec-14
Beginning balance	$	2,258			$	—
Capitalized funds	41,421				20,617
Foreign currency translation adjustments, building improvements and other	(901		)		—
Placed into service	(311		)		(18,502		)
Capitalized interest	34				143
Ending balance	$	42,501			$	2,258
Capitalized Funds
During the three months ended March 31, 2015, total capitalized funds were comprised primarily of $36.9 million for the initial funding related to the Rabobank and Reading build-to-suit projects and construction draws of $3.6 million.
Placed into Service
During the three months ended March 31, 2015, we placed $0.3 million into service related to one build-to-suit project.
Ending Balance
At March 31, 2015 and December 31, 2014, we had four and two open build-to-suit projects, respectively, with aggregate unfunded commitment totaling approximately $108.2 million and $9.7 million, respectively.

Finance_Receivables

Finance Receivables	3 Months Ended
	Mar. 31, 2015
Receivables [Abstract]
Financing Receivables	Finance Receivables
	Assets representing rights to receive money on demand or at fixed or determinable dates are referred to as finance receivables. Our finance receivables portfolio consists of our Net investments in direct financing leases and our Note receivable. Operating leases are not included in finance receivables as such amounts are not recognized as an asset in the consolidated financial statements.
	Net Investments in Direct Financing Leases
	Net investments in direct financing leases is summarized as follows (in thousands):
		March 31, 2015			December 31, 2014
	Minimum lease payments receivable	$	89,613		$	86,338
	Unguaranteed residual value	45,473			45,473
		135,086			131,811
	Less: unearned income	(89,498		)	(86,229		)
		$	45,588		$	45,582
	Interest income from direct financing leases, which was included in Lease revenues in the consolidated financial statements, was $1.0 million and $0.6 million for the three months ended March 31, 2015 and 2014, respectively. At March 31, 2015, Other assets, net included $0.2 million of accounts receivable related to amounts billed under our direct financing leases. We did not have any outstanding receivables related to the aforementioned direct financing lease at December 31, 2014.
	Note Receivable
	On July 21, 2014, we acquired a $28.0 million mezzanine tranche of 10-year commercial mortgage-backed securities originated by Cantor Fitzgerald on the Cipriani banquet halls in New York, New York. The mezzanine tranche is subordinated to a $60.0 million senior loan on the properties. We will receive interest-only payments at a rate of 10% per annum. At both March 31, 2015 and December 31, 2014, the balance for this note receivable was $28.0 million.
	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 default. At both March 31, 2015 and December 31, 2014, none of the balances of our finance receivables were past due and we had not established any allowances for credit losses. Additionally, there were no modifications of finance receivables during the three months ended March 31, 2015 or the year ended December 31, 2014. 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 2015.
	A summary of our finance receivables by internal credit quality rating is as follows (dollars in thousands):
		Number of Tenants/Obligors at			Carrying Value at
	Internal Credit Quality Indicator	March 31, 2015		December 31, 2014	March 31, 2015			December 31, 2014
	1	—		—	$	—		$	—
	2	1		1	8,988			8,962
	3	4		4	64,600			64,620
	4	—		—	—			—
	5	—		—	—			—
		0			$	73,588		$	73,582

Intangible_Assets_and_Liabilit

Intangible Assets and Liabilities	3 Months Ended
	Mar. 31, 2015
Intangible Assets And Liabilities [Abstract]
Intangible Assets and Liabilities	Intangible Assets and Liabilities
	In connection with our acquisitions of properties (Note 5), we have recorded net lease intangibles that are being amortized over periods ranging from one year to 30 years. In addition, we have ground lease intangibles 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 financial statements. Below-market ground lease intangibles and above-market rent intangibles are included in Other intangible assets, net in the consolidated financial statements. Below-market rent intangibles and above-market ground lease intangibles are included in Accounts payable, accrued expenses and other liabilities in the consolidated financial statements.
	In connection with our investment activity during the three months ended March 31, 2015, we recorded net lease intangibles comprised as follows (life in years, dollars in thousands):
		Weighted-Average Life		Amount
	Amortizable Intangible Assets
	In-place lease	1.6		$	8,079
	Above-market rent	3.8		137
				$	8,216
	Amortizable Intangible Liabilities
	Below-market rent	6.9		$	(85	)
	Goodwill is included in the consolidated financial statements. The following table presents a reconciliation of our goodwill (in thousands):
			Total
	Balance at January 1, 2015		$	9,692
	Foreign currency translation		(922		)
	Balance at March 31, 2015		$	8,770
	Intangible assets and liabilities are summarized as follows (in thousands):
		March 31, 2015										December 31, 2014
		Gross Carrying Amount				Accumulated Amortization			Net Carrying Amount			Gross Carrying Amount			Accumulated Amortization			Net Carrying Amount
	Amortizable Intangible Assets
	In-place lease	$	175,121			$	(15,801	)	$	159,320		$	177,970		$	(10,335	)	$	167,635
	Below-market ground lease	13,995				(191		)	13,804			15,790			(167		)	15,623
	Above-market rent	9,769				(556		)	9,213			10,424			(380		)	10,044
		198,885				(16,548		)	182,337			204,184			(10,882		)	193,302
	Unamortizable Intangible Assets
	Goodwill	8,770				—			8,770			9,692			—			9,692
	Total intangible assets	$	207,655			$	(16,548	)	$	191,107		$	213,876		$	(10,882	)	$	202,994
	Amortizable Intangible Liabilities
	Below-market rent	$	(6,255	)		$	457		$	(5,798	)	$	(6,276	)	$	347		$	(5,929	)
	Above-market ground lease	(121		)		1			(120		)	(127		)	—			(127		)
	Total intangible liabilities	$	(6,376	)		$	458		$	(5,918	)	$	(6,403	)	$	347		$	(6,056	)
	Net amortization of intangibles, including the effect of foreign currency translation, was $6.1 million and $1.3 million for the three months ended March 31, 2015 and 2014, respectively. Amortization of below-market and above-market rent intangibles is recorded as an adjustment to Rental income; amortization of below-market and above-market ground lease intangibles is included in Property expenses; amortization of in-place lease intangibles is included in Depreciation and amortization expense.
	Based on the intangible assets and liabilities recorded at March 31, 2015, scheduled annual net amortization of intangibles for the remainder of 2015, each of the next four calendar years following December 31, 2015, and thereafter is as follows (in thousands):
	Years Ending December 31,		Net Decrease in Rental Income				Increase to Amortization/Property Expense			Net
	2015 (remaining)		$	274			$	15,980		$	16,254
	2016		356				19,019			19,375
	2017		313				13,967			14,280
	2018		266				12,676			12,942
	2019		256				12,173			12,429
	Thereafter		1,950				99,189			101,139
			$	3,415			$	173,004		$	176,419

Fair_Value_Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2015
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 interest rate swaps and foreign currency forward contracts; 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.
	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 (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, and Level 3 measurements during the three months ended March 31, 2015 and 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 (dollars in thousands):
			31-Mar-15				31-Dec-14
		Level	Carrying Value		Fair Value		Carrying Value		Fair Value
	Debt (a)	3	$	663,085	$	684,910	$	521,712	$	540,577
	Note receivable (b)	3	28,000		28,000		28,000		28,000
	Deferred acquisition fees payable (c)	3	18,947		18,934		17,525		17,520
	___________
	(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 estimated that the fair value of the note receivable approximated its carrying value.
	(c)	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 107 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, 2015 and December 31, 2014.

Risk_Management_and_Use_of_Der

Risk Management and Use of Derivative Financial Instruments	3 Months Ended
	Mar. 31, 2015
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 four main components of economic risk that impact us: interest rate risk, credit risk, market risk, and foreign currency 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. We own international investments primarily 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 into, 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. For a derivative designated and qualified as a net investment hedge, the effective portion of the change in its fair value and/or the net settlement of the derivative are reported in Other comprehensive loss as part of the cumulative foreign currency translation adjustment.
	Amounts are reclassified out of Other comprehensive loss into earnings when the hedged investment is either sold or substantially liquidated. The ineffective portion of a derivative’s change in fair value is immediately recognized in earnings.
	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 financial statements. At both March 31, 2015 and December 31, 2014, no cash collateral had been posted or received for any of our derivative positions.
	The following table sets forth certain information regarding our derivative instruments (in thousands):
	Derivatives Designated as Hedging Instruments		Balance Sheet Location		Asset Derivatives Fair Value at							Liability Derivatives Fair Value at
					31-Mar-15				31-Dec-14			31-Mar-15			December 31, 2014
	Foreign currency forward contracts		Other assets, net		$	6,552			$	3,664		$	—		$	—
	Interest rate swaps		Accounts payable, accrued expenses and other liabilities		—				—			(3,283		)	(2,501		)
					$	6,552			$	3,664		$	(3,283	)	$	(2,501	)
	The following tables present the impact of our derivative instruments in the consolidated financial statements (in thousands):
			Amount of Gain (Loss) Recognized in
			Other Comprehensive Loss on Derivatives
			(Effective Portion)
			Three Months Ended March 31,
	Derivatives in Cash Flow Hedging Relationships		2015				2014 (a)
	Interest rate swaps		$	(782	)		$	(372	)
	Foreign currency forward contracts		2,808				(291		)
	Derivatives in Net Investment Hedging Relationship (b)
	Foreign currency forward contracts		80				—
	Total		$	2,106			$	(663	)
	___________
	(a)	When originally filed, the amounts included in this column for the three months ended March 31, 2014 included amounts with the signs reversed. These amounts are revised to present the correct sign designation.
	(b)	The effective portion of the change in fair value and the settlement of these contracts are reported in the foreign currency translation adjustment section of Other comprehensive loss until the underlying investment is sold, at which time we reclassify the gain or loss to earnings.
	The following tables present the impact of our derivative instruments in the consolidated financial statements (in thousands):
					Amount of Gain (Loss) Reclassified from
					Other Comprehensive Loss on Derivatives into Income (Effective Portion)
			Location of Gain (Loss)		Three Months Ended March 31,
	Derivatives in Cash Flow Hedging Relationships		Recognized in Income		2015				2014
	Interest rate swaps		Interest expense		$	(300	)		$	(111	)
	Foreign currency forward contracts		Other income and (expenses)		256				—
	Total				$	(44	)		$	(111	)
	Interest Rate Swaps
	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, 2015 are summarized as follows (currency in thousands):
	Interest Rate Derivatives		Number of Instruments		Notional				Fair Value at
					Amount				March 31, 2015 (a)
	Interest rate swaps		6		43,033		USD		$	(3,131	)
	Interest rate swaps		1		5,505		GBP		(152		)
									$	(3,283	)
	___________
	(a)	Fair value amount is based on the exchange rate of the British pound sterling at March 31, 2015, as applicable.
	Foreign Currency Contracts
	We are exposed to foreign currency exchange rate movements, primarily in the euro and, to a lesser extent, the Norwegian krone and the British pound sterling. 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, 2015 (currency in thousands):
	Foreign Currency Derivatives		Number of Instruments		Notional				Fair Value at
					Amount				March 31, 2015 (a)
	Designated as Cash Flow Hedging Instruments
	Foreign currency forward contracts		45		17,285		EUR		$	4,726
	Foreign currency forward contracts		36		59,963		NOK		1,735
	Designated as Net Investment Hedging Instruments
	Foreign currency forward contracts		5		8,320		NOK		91
									$	6,552
	___________
	(a)	Fair value amounts are based on the exchange rate of the euro or the Norwegian krone, as applicable, at March 31, 2015.
	Credit Risk-Related Contingent Features
	Amounts reported in Other comprehensive loss related to our interest rate swaps will be reclassified to Interest expense as interest payments are made on our variable-rate debt. Amounts reported in Other comprehensive loss related to foreign currency derivative contracts will be reclassified to Other income and (expenses) when the hedged foreign currency contracts are settled. At March 31, 2015, we estimate that an additional $1.1 million and $1.3 million will be reclassified as Interest expense and other income, respectively, 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, 2015. At March 31, 2015, our total credit exposure was $6.6 million and the maximum exposure to any single counterparty was $4.6 million.
	Some of the agreements we have with our derivative counterparties contain certain credit contingent provisions that could result in a declaration of default against us regarding our derivative obligations if we either default or are capable of being declared in default on certain of our indebtedness. At March 31, 2015, we had not been declared in default on any of our derivative obligations. The estimated fair value of our derivatives that were in a net liability position was $3.3 million at March 31, 2015, which included accrued interest and any adjustment for nonperformance risk. If we had breached any of these provisions at March 31, 2015, we could have been required to settle our obligations under these agreements at their aggregate termination value of $3.5 million.

Debt

Debt	3 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
Debt	Debt and Bonds Payable
	Debt consists of mortgage notes and bonds payable, which are collateralized by the assignment of real estate properties with an aggregate carrying value of $923.1 million and $752.6 million at March 31, 2015 and December 31, 2014, respectively. The following table presents a summary of the non-recourse mortgage loans on our real estate property investments (dollars in thousands):
							Carrying Amount at
	Tenant/Property		Interest Rate		Rate Type	Maturity Date	31-Mar-15		31-Dec-14
	Non-Recourse Debt:
	Infineon Technologies AG		3.1	%	Fixed	2/28/17	$	12,097	$	13,756
	Truffle Portfolio/Oakbank Portfolio (a)		3.9	%	Variable	12/11/19	10,858		11,401
	Club Med Albion Resorts, or Albion Resorts (b)		4	%	Fixed	2/26/20	25,810		19,264
	Konzum d. d.		5.8	%	Fixed	12/31/20	32,571		37,038
	Bank Pekao S.A.		3.3	%	Fixed	3/10/21	57,399		64,852
	Dupont Place Apartments		3.8	%	Fixed	11/1/21	14,140		14,140
	Gentry’s Walk		3.8	%	Fixed	11/1/21	15,330		15,330
	Brantley Pines (c)		3.8	%	Fixed	2/1/22	19,040		—
	Pinnacle Ridge (c)		3.8	%	Fixed	2/1/22	24,045		—
	Royal Vopak NV		2.2	%	Fixed	2/9/22	36,811		—
	State Farm Automobile Company (d)		4.5	%	Fixed	9/10/23	72,800		72,800
	Crowne Group Inc. (a)		5.5	%	Variable	12/30/23	15,864		15,967
	Self-storage – Multiple properties (e)		4.9	%	Fixed	2/1/24	14,500		14,500
	Automobile Protection Corporation (a)		5.1	%	Variable	2/5/24	3,727		3,752
	Solo Cup Operating Company (d)		5.1	%	Fixed	2/6/24	47,250		47,250
	Swift Spinning Inc.		5	%	Fixed	5/1/24	7,710		7,738
	Janus International (a)		4.9	%	Variable	5/5/24	11,538		11,538
	Bell Telephone Company		4.6	%	Fixed	6/11/24	8,000		8,000
	Self-storage – Multiple properties (f)		4.4	%	Fixed	10/11/24	23,000		23,000
	Cooper Tire & Rubber Company  (a)		4.7	%	Variable	10/31/24	6,704		6,704
	Barnsco Inc.		4.5	%	Fixed	11/14/24	5,200		5,200
	Alliant Techsystems Inc.		4.2	%	Fixed	1/6/25	27,650		27,650
	Belk Inc.		4.3	%	Fixed	2/10/25	28,225		—
	Self-storage – Multiple properties (c) (g)		4.3	%	Fixed	3/11/25	48,139		—
	North American Lighting Inc.		4.8	%	Fixed	5/6/26	7,325		7,325
	Air Enterprises Acquisition		5.3	%	Fixed	4/1/39	3,240		3,257
							$	578,973	$	430,462
	Bonds Payable:
	Apply Sorco AS		4.4	%	Fixed	10/31/21	$	44,254	$	48,151
	Siemens AS (h)		3.5	%	Variable	12/15/25	39,858		43,099
							$	84,112	$	91,250
	__________
	(a)	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 the interest rate swaps in effect at March 31, 2015.
	(b)	On February 27, 2015, we completed the refinancing of our Albion Resorts mortgage loans and consolidated them into one mortgage loan. We recognized a $0.2 million gain on the extinguishment of debt within Other expenses and income in the consolidated financial statements during the three months ended March 31, 2015, which related to the aforementioned refinancing.
	(c)	These mortgage loans were entered into or assumed in conjunction with the 2015 Acquisitions as described in Note 5. During the three months ended March 31, 2015, we capitalized $2.9 million of deferred financing costs related to these loans. We amortize deferred financing costs over the term of the related mortgage loan using a method which approximates the effective interest method.
	(d)	These mortgage loans have payments that are interest-only until their respective maturity dates.
	(e)	This mortgage loan is allocated between our St. Petersburg Self Storage and Kissimmee Self Storage investments, which are jointly and severally liable for any possible defaults on the loan.
	(f)	This mortgage loan is allocated to the six self-storage properties purchased from July 22, 2014 through October 9, 2014.
	(g)	On February 18, 2015, we obtained a mortgage loan for $48.1 million, which was allocated to the nine self-storage properties purchased from October 28, 2014 through February 18, 2015.
	(h)	These bonds are inflation-linked to the Norwegian consumer price index, or CPI, and the annual principal balance will increase as that inflation index increases.
	Scheduled Debt Principal Payments
	Scheduled debt principal payments during the remainder of 2015, each of the next four calendar years following December 31, 2015, and thereafter are as follows (in thousands):
	Years Ending December 31,		Total
	2015 (remainder)		$	1,737
	2016		2,816
	2017		14,878
	2018		3,553
	2019		14,672
	Thereafter through 2039		624,523
			662,179
	Unamortized premium		906
	Total		$	663,085
	Certain amounts in the table above are based on the applicable foreign currency exchange rate at March 31, 2015. The impact on the carrying value of our Non-recourse debt and bonds payable due to the strengthening of the U.S. dollar relative to foreign currencies during the three months ended March 31, 2015 was a decrease of $25.9 million from December 31, 2014 to March 31, 2015.

Commitments_and_Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies
	At March 31, 2015, we were not involved in any material litigation. Various claims and lawsuits arising in the normal course of business are pending against us. The results of these proceedings are not expected to have a material adverse effect on our consolidated financial position or results of operations. See Note 5 for unfunded construction commitments.

Earnings_Per_Share_and_Equity

Earnings Per Share and Equity	3 Months Ended
	Mar. 31, 2015
Earnings Per Share [Abstract]
Earnings Per Share and Equity	Loss Per Share and Equity
	Loss Per Share
	The following table presents loss per share (in thousands, except share and per share amounts):
		Three Months Ended March 31, 2015											Three Months Ended March 31, 2014
		Weighted-Average			Allocation of Loss				Loss				Weighted-Average	Allocation of Loss			Loss
		Shares Outstanding							Per Share				Shares Outstanding				Per Share
	Class A common stock	100,642,226			$	(8,807	)		$	(0.09	)		38,001,011	$	(13,250	)	$	(0.35	)
	Class C common stock	22,381,181			(2,458		)		(0.11		)		3,820,432	(1,420		)	(0.37		)
	Net loss attributable to CPA®:18 – Global				$	(11,265	)							$	(14,670	)
	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 each respective period. For the three months ended March 31, 2015 and 2014, the allocation for the Class A common stock excludes the shareholder servicing fee of $0.5 million and $0.1 million, respectively, which is only applicable to holders of Class C common stock (Note 4).
	Distributions
	During the first quarter of 2015, our board of directors declared distributions at a daily rate of $0.0017361 per share for our Class A common stock and $0.0014763 per share for our Class C common stock for the quarter ending March 31, 2015. The distributions in the amount of $18.7 million were paid on April 15, 2015 to stockholders of record on each day during the period.
	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, we expect that 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, 2015
		Gains and Losses				Foreign Currency Translation Adjustments				Total
		on Derivative Instruments
	Beginning balance	$	1,152			$	(22,093	)		$	(20,941	)
	Other comprehensive income (loss) before reclassifications	1,982				(33,629		)		(31,647		)
	Amounts reclassified from accumulated other comprehensive loss to:
	Interest expense	300				—				300
	Other income and (expenses)	(256		)		—				(256		)
	Net current-period Other comprehensive income (loss)	2,026				(33,629		)		(31,603		)
	Net current-period Other comprehensive loss attributable to noncontrolling interests	—				6,068				6,068
	Ending balance	$	3,178			$	(49,654	)		$	(46,476	)
		Three Months Ended March 31, 2014
		Gains and Losses				Foreign Currency Translation Adjustments				Total
		on Derivative Instruments
	Beginning balance	$	(219	)		$	125			$	(94	)
	Other comprehensive loss before reclassifications	(774		)		(285		)		(1,059		)
	Amounts reclassified from accumulated other comprehensive loss to:
	Interest expense	111				—				111
	Net current-period Other comprehensive loss	(663		)		(285		)		(948		)
	Net current-period Other comprehensive loss attributable to noncontrolling interests	—				324				324
	Ending balance	$	(882	)		$	164			$	(718	)

Subsequent_Events

Subsequent Events	3 Months Ended
	Mar. 31, 2015
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events
	On April 2, 2015, we closed our initial public offering. As a result of the completion of our initial public offering, beginning with the third quarter of 2015 we will no longer calculate our distributions based upon daily record and distribution declaration dates, but upon quarterly record and distribution declaration dates.
	Subsequent to March 31, 2015 and through May 15, 2015, we purchased 14 additional properties totaling approximately $174.8 million (excluding acquisition costs) and obtained $48.1 million of new financing. Of these 14 properties, 11 are self-storage facilities, two are build-to-suit projects, and one is an office building. The largest of these investments is our build-to-suit project for a Marriott hotel in Munich, Germany. The total estimated project cost for this investment upon completion is approximately $79.9 million, which is based on the exchange rate of the euro on the date of acquisition.
	It is not practicable to disclose the preliminary purchase price allocation or consolidated pro forma financial information for these transactions given the short period of time between the acquisition dates and the filing of this Report.

Basis_of_Presentation_Policies

Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation
	Our interim consolidated financial statements have been prepared 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 United States, 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, 2014, which are included in the 2014 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 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.
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 VIE, and, if so, whether we are deemed to be the primary beneficiary and are therefore required to consolidate the entity. Significant judgment is required to determine whether a VIE should be consolidated. 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. We performed an analysis on all of our subsidiary entities to determine whether they qualify as VIEs and whether they should be consolidated or accounted for as equity investments in an unconsolidated venture. As a result of our assessment, we have concluded that one of our subsidiaries qualified as a VIE. All of our subsidiaries are consolidated.
	For an entity that is not considered to be a VIE, but rather a voting interest entity, 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 (i) the substantive ability to dissolve or liquidate the limited partnership or otherwise remove the general partners without cause or (ii) 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.
Intangible Assets and Liabilities	In connection with our acquisitions of properties (Note 5), we have recorded net lease intangibles that are being amortized over periods ranging from one year to 30 years. In addition, we have ground lease intangibles 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 financial statements. Below-market ground lease intangibles and above-market rent intangibles are included in Other intangible assets, net in the consolidated financial statements. Below-market rent intangibles and above-market ground lease intangibles are included in Accounts payable, accrued expenses and other liabilities in the consolidated financial statements.
	Amortization of below-market and above-market rent intangibles is recorded as an adjustment to Rental income; amortization of below-market and above-market ground lease intangibles is included in Property expenses; amortization of in-place lease intangibles is included in Depreciation and amortization expense.
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 (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 interest rate swaps and foreign currency forward contracts; 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. For a derivative designated and qualified as a net investment hedge, the effective portion of the change in its fair value and/or the net settlement of the derivative are reported in Other comprehensive loss as part of the cumulative foreign currency translation adjustment.
	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	Recent Accounting Requirements
	The following Accounting Standards Updates, or ASUs, promulgated by the Financial Accounting Standards Board are applicable to us:
	ASU 2015-03, Interest-Imputation of Interest (Subtopic 835-30).  ASU 2015-03, changes the presentation of debt issuance costs, which are currently recognized as a deferred charge (that is, an asset) and requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts.  ASU 2015-03 does not affect the recognition and measurement guidance for debt issuance costs. ASU 2015-03 is effective for periods beginning after December 15, 2015, early adoption is permitted and retrospective application is required. We are currently evaluating the impact of ASU 2015-03 on our consolidated financial statements.
	ASU 2014-09, Revenue from Contracts with Customers (Topic 606). ASU 2014-09 is a comprehensive new revenue recognition model requiring a company to recognize revenue to depict the transfer of goods or services to a customer at an amount reflecting the consideration it expects to receive in exchange for those goods or services. ASU 2014-09 does not apply to our lease revenues, but will apply to reimbursed tenant costs and revenues generated from our operating properties. Additionally, this guidance modifies disclosures regarding the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. In April 2015, the Financial Accounting Standards Board

Revision_of_Prior_Period_Finan1

Revision of Prior Period Financial Statements (Tables)	3 Months Ended
	Mar. 31, 2015
Accounting Changes and Error Corrections [Abstract]
Revision of Prior Period Financial Statements	Consolidated Statement of Operations
			Three Months Ended March 31, 2014
			As Reported				Revisions			As Revised
	Revenues
	Total revenues		$	6,694			$	—		$	6,694
	Operating Expenses
	Total operating expenses		23,091				—			23,091
	Other Income and Expenses
	Other income and (expenses) (b)		230				(176		)	54
			(1,846		)		(176		)	(2,022		)
	Loss before income taxes		(18,243		)		(176		)	(18,419		)
	Benefit from (provision for) income taxes (a)		263				(287		)	(24		)
	Net Loss		(17,980		)		(463		)	(18,443		)
	Net loss attributable to noncontrolling interests (a)		3,743				30			3,773
	Net Loss Attributable to CPA®:18 – Global		$	(14,237	)		$	(433	)	$	(14,670	)
	Class A common stock
	Net loss attributable to CPA®:18 – Global		$	(12,856	)		$	(394	)	$	(13,250	)
	Weighted-average shares outstanding		38,001,011				—			38,001,011
	Loss per share		$	(0.34	)		$	(0.01	)	$	(0.35	)
	Class C common stock
	Net loss attributable to CPA®:18 – Global		$	(1,381	)		$	(39	)	$	(1,420	)
	Weighted-average shares outstanding		3,820,432				—			3,820,432
	Loss per share		$	(0.36	)		$	(0.01	)	$	(0.37	)
	Consolidated Statement of Comprehensive Loss
			Three Months Ended March 31, 2014
			As Reported				Revisions			As Revised
	Net Loss (a) (b)		$	(17,980	)		$	(463	)	$	(18,443	)
	Other Comprehensive Loss
	Foreign currency translation adjustments (b)		(461		)		176			(285		)
	Change in net unrealized loss on derivative instruments		(663		)		—			(663		)
			(1,124		)		176			(948		)
	Comprehensive Loss		(19,104		)		(287		)	(19,391		)
	Amounts Attributable to Noncontrolling Interests
	Net loss (a)		3,743				30			3,773
	Foreign currency translation adjustments		324				—			324
	Comprehensive loss attributable to noncontrolling interests		4,067				30			4,097
	Comprehensive Loss Attributable to CPA®:18 – Global		$	(15,037	)		$	(257	)	$	(15,294	)
	Consolidated Statement of Equity
		CPA®:18 – Global Stockholders
													Additional Paid-In Capital		Distributions			Accumulated			Total CPA®:18 – Global Stockholders			Noncontrolling Interests (a)
		Common Stock													and			Other Comprehensive Loss (b)
		Class A							Class C						Accumulated
	Balance at	Shares			Amount				Shares		Amount				Losses (a) (b)												Total
	31-Mar-14
	As Reported	59,314,868			$	59			4,994,383		$	5	$	575,098	$	(23,063	)	$	(894	)	$	551,205		$	121,202		$	672,407
	Revisions	—			—				—		—		—		(433		)	176			(257		)	(30		)	(287		)
	As Revised	59,314,868			$	59			4,994,383		$	5	$	575,098	$	(23,496	)	$	(718	)	$	550,948		$	121,172		$	672,120
	___________
	(a)	In connection with the error identified above, we also made an adjustment to reflect the correction of one other out-of-period adjustment that was identified during 2014 and recorded this adjustment in the prior period presented. This adjustment related to the initial recognition of deferred tax balances related to the misinterpretation of tax requirements in the corresponding foreign jurisdictions, and as a result we did not recognize a deferred tax liability and corresponding deferred tax expense within the correct reporting period.
	(b)	These adjustments are the result of the error we identified related to foreign currency matters, as discussed above.

Agreements_and_Transactions_wi1

Agreements and Transactions with Related Parties (Tables)	3 Months Ended
	Mar. 31, 2015
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,
		2015		2014
	Amounts Included in the Consolidated Statements of Operations
	Acquisition expenses	$	5,462	$	15,872
	Asset management fees	1,417		331
	Available Cash Distribution	894		69
	Shareholder servicing fee	500		88
	Personnel and overhead reimbursements	158		16
	Interest expense on deferred acquisition fees	77		20
		$	8,508	$	16,396
	Other Transaction Fees Incurred
	Selling commissions and dealer manager fees	$	3,678	$	38,670
	Current acquisition fees	3,466		484
	Deferred acquisition fees	2,773		798
	Offering costs	453		471
		$	10,370	$	40,423
		31-Mar-15		31-Dec-14
	Due to Affiliate
	Deferred acquisition fees, including interest	$	18,947	$	17,525
	Current acquisition fees	3,636		—
	Accounts payable	874		2,702
	Reimbursable costs	806		46
	Asset management fees payable	488		378
		$	24,751	$	20,651

Net_Investments_in_Properties_

Net Investments in Properties (Tables)	3 Months Ended
	Mar. 31, 2015
Real Estate [Abstract]
Schedule of Real Estate Properties	Operating real estate, which consists of our domestic self-storage and multi-family properties, at cost, is summarized as follows (in thousands):
		March 31, 2015				December 31, 2014
	Land	$	48,205			$	28,040
	Buildings	185,778				105,556
	Less: Accumulated depreciation	(2,325		)		(939		)
		$	231,658			$	132,657
	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-15				December 31, 2014
	Land	$	102,158			$	104,604
	Buildings	603,125				639,131
	Less: Accumulated depreciation	(14,928		)		(10,875		)
		$	690,355			$	732,860
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, 2015 (in thousands):
			2015 Business Combinations (a)
			Net-Leased Property				Operating Properties			Total
	Cash consideration		$	6,821			$	105,029		$	111,850
	Assets acquired at fair value:
	Land		$	1,022			$	20,166		$	21,188
	Buildings		4,815				79,796			84,611
	In-place lease intangible assets		984				7,095			8,079
	Above-market rent intangible assets		—				137			137
	Other assets assumed		—				5			5
			6,821				107,199			114,020
	Liabilities assumed at fair value:
	Below-market rent intangible liabilities		—				(85		)	(85		)
	Other liabilities assumed		—				(240		)	(240		)
			—				(325		)	(325		)
	Total identifiable net assets		6,821				106,874			113,695
	Amounts attributable to noncontrolling interest		—				(1,845		)	(1,845		)
			$	6,821			$	105,029		$	111,850
	(a)	The purchase price for each transaction 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
			Net-Leased Property				Operating Properties
			March 24, 2015 through				Respective Acquisition Dates through			Total
			31-Mar-15				31-Mar-15
	Revenues		$	15			$	3,401		$	3,416
	Net loss		$	(731	)		$	(4,445	)	$	(5,176	)
	Net loss attributable to noncontrolling interest		—				11			11
	Net loss attributable to CPA®:18 – Global stockholders		$	(731	)		$	(4,434	)	$	(5,165	)
Pro Forma Information	(Dollars in thousands, except share and per share amounts)
			Three Months Ended March 31,
			2015				2014
	Pro forma total revenues (a)		$	27,564			$	12,194
	Pro forma net loss (b)		(5,813		)		(22,733		)
	Pro forma net (income) loss attributable to noncontrolling interests		(1,361		)		3,608
	Pro forma net loss attributable to CPA®:18 – Global		$	(7,174	)		$	(19,125	)
	Pro forma loss per Class A share:
	Net loss attributable to CPA®:18 – Global		$	(5,460	)		$	(17,218	)
	Weighted-average shares outstanding		100,642,226				38,001,011
	Loss per share		$	(0.05	)		$	(0.45	)
	Pro forma loss per Class C share:
	Net loss attributable to CPA®:18 – Global		$	(1,714	)		$	(1,907	)
	Weighted-average shares outstanding		22,381,181				3,820,432
	Loss per share		$	(0.08	)		$	(0.50	)
	___________
	(a)	Pro forma total revenues includes revenues from lease contracts based on the terms in place at March 31, 2015 and does not include adjustments to contingent rental amounts.
	(b)	The pro forma table above presents acquisition expenses related to our significant business combinations of $4.2 million as if they were incurred on January 1, 2014.
Real Estate Under Construction	The following table provides the activity of our Real estate under construction (in thousands):
		31-Mar-15				31-Dec-14
	Beginning balance	$	2,258			$	—
	Capitalized funds	41,421				20,617
	Foreign currency translation adjustments, building improvements and other	(901		)		—
	Placed into service	(311		)		(18,502		)
	Capitalized interest	34				143
	Ending balance	$	42,501			$	2,258

Finance_Receivables_Finance_Re

Finance Receivables Finance Receivables (Tables)	3 Months Ended
	Mar. 31, 2015
Receivables [Abstract]
Capital Leases Net Investment In Direct Financing Leases	Net investments in direct financing leases is summarized as follows (in thousands):
		March 31, 2015			December 31, 2014
	Minimum lease payments receivable	$	89,613		$	86,338
	Unguaranteed residual value	45,473			45,473
		135,086			131,811
	Less: unearned income	(89,498		)	(86,229		)
		$	45,588		$	45,582
Financing Receivable Credit Quality Indicators	A summary of our finance receivables by internal credit quality rating is as follows (dollars in thousands):
		Number of Tenants/Obligors at			Carrying Value at
	Internal Credit Quality Indicator	March 31, 2015		December 31, 2014	March 31, 2015			December 31, 2014
	1	—		—	$	—		$	—
	2	1		1	8,988			8,962
	3	4		4	64,600			64,620
	4	—		—	—			—
	5	—		—	—			—
		0			$	73,588		$	73,582

Intangible_Assets_and_Liabilit1

Intangible Assets and Liabilities (Tables)	3 Months Ended
	Mar. 31, 2015
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, 2015, we recorded net lease intangibles comprised as follows (life in years, dollars in thousands):
		Weighted-Average Life		Amount
	Amortizable Intangible Assets
	In-place lease	1.6		$	8,079
	Above-market rent	3.8		137
				$	8,216
	Amortizable Intangible Liabilities
	Below-market rent	6.9		$	(85	)
Schedule of Goodwill	The following table presents a reconciliation of our goodwill (in thousands):
			Total
	Balance at January 1, 2015		$	9,692
	Foreign currency translation		(922		)
	Balance at March 31, 2015		$	8,770
Schedule Of Intangible Assets and Liabilities	Intangible assets and liabilities are summarized as follows (in thousands):
		March 31, 2015										December 31, 2014
		Gross Carrying Amount				Accumulated Amortization			Net Carrying Amount			Gross Carrying Amount			Accumulated Amortization			Net Carrying Amount
	Amortizable Intangible Assets
	In-place lease	$	175,121			$	(15,801	)	$	159,320		$	177,970		$	(10,335	)	$	167,635
	Below-market ground lease	13,995				(191		)	13,804			15,790			(167		)	15,623
	Above-market rent	9,769				(556		)	9,213			10,424			(380		)	10,044
		198,885				(16,548		)	182,337			204,184			(10,882		)	193,302
	Unamortizable Intangible Assets
	Goodwill	8,770				—			8,770			9,692			—			9,692
	Total intangible assets	$	207,655			$	(16,548	)	$	191,107		$	213,876		$	(10,882	)	$	202,994
	Amortizable Intangible Liabilities
	Below-market rent	$	(6,255	)		$	457		$	(5,798	)	$	(6,276	)	$	347		$	(5,929	)
	Above-market ground lease	(121		)		1			(120		)	(127		)	—			(127		)
	Total intangible liabilities	$	(6,376	)		$	458		$	(5,918	)	$	(6,403	)	$	347		$	(6,056	)
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	Based on the intangible assets and liabilities recorded at March 31, 2015, scheduled annual net amortization of intangibles for the remainder of 2015, each of the next four calendar years following December 31, 2015, and thereafter is as follows (in thousands):
	Years Ending December 31,		Net Decrease in Rental Income				Increase to Amortization/Property Expense			Net
	2015 (remaining)		$	274			$	15,980		$	16,254
	2016		356				19,019			19,375
	2017		313				13,967			14,280
	2018		266				12,676			12,942
	2019		256				12,173			12,429
	Thereafter		1,950				99,189			101,139
			$	3,415			$	173,004		$	176,419

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2015
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 (dollars in thousands):
			31-Mar-15				31-Dec-14
		Level	Carrying Value		Fair Value		Carrying Value		Fair Value
	Debt (a)	3	$	663,085	$	684,910	$	521,712	$	540,577
	Note receivable (b)	3	28,000		28,000		28,000		28,000
	Deferred acquisition fees payable (c)	3	18,947		18,934		17,525		17,520
	___________
	(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 estimated that the fair value of the note receivable approximated its carrying value.
	(c)	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 107 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, 2015
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):
	Derivatives Designated as Hedging Instruments		Balance Sheet Location		Asset Derivatives Fair Value at							Liability Derivatives Fair Value at
					31-Mar-15				31-Dec-14			31-Mar-15			December 31, 2014
	Foreign currency forward contracts		Other assets, net		$	6,552			$	3,664		$	—		$	—
	Interest rate swaps		Accounts payable, accrued expenses and other liabilities		—				—			(3,283		)	(2,501		)
					$	6,552			$	3,664		$	(3,283	)	$	(2,501	)
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)	The following tables present the impact of our derivative instruments in the consolidated financial statements (in thousands):
			Amount of Gain (Loss) Recognized in
			Other Comprehensive Loss on Derivatives
			(Effective Portion)
			Three Months Ended March 31,
	Derivatives in Cash Flow Hedging Relationships		2015				2014 (a)
	Interest rate swaps		$	(782	)		$	(372	)
	Foreign currency forward contracts		2,808				(291		)
	Derivatives in Net Investment Hedging Relationship (b)
	Foreign currency forward contracts		80				—
	Total		$	2,106			$	(663	)
	___________
	(a)	When originally filed, the amounts included in this column for the three months ended March 31, 2014 included amounts with the signs reversed. These amounts are revised to present the correct sign designation.
	(b)	The effective portion of the change in fair value and the settlement of these contracts are reported in the foreign currency translation adjustment section of Other comprehensive loss until the underlying investment is sold, at which time we reclassify the gain or loss to earnings.
	The following tables present the impact of our derivative instruments in the consolidated financial statements (in thousands):
					Amount of Gain (Loss) Reclassified from
					Other Comprehensive Loss on Derivatives into Income (Effective Portion)
			Location of Gain (Loss)		Three Months Ended March 31,
	Derivatives in Cash Flow Hedging Relationships		Recognized in Income		2015				2014
	Interest rate swaps		Interest expense		$	(300	)		$	(111	)
	Foreign currency forward contracts		Other income and (expenses)		256				—
	Total				$	(44	)		$	(111	)
Schedule of Derivative Instruments	The interest rate swaps that we had outstanding on our consolidated subsidiaries at March 31, 2015 are summarized as follows (currency in thousands):
	Interest Rate Derivatives		Number of Instruments		Notional				Fair Value at
					Amount				March 31, 2015 (a)
	Interest rate swaps		6		43,033		USD		$	(3,131	)
	Interest rate swaps		1		5,505		GBP		(152		)
									$	(3,283	)
	___________
	(a)	Fair value amount is based on the exchange rate of the British pound sterling at March 31, 2015, as applicable.
	The following table presents the foreign currency derivative contracts we had outstanding and their designations at March 31, 2015 (currency in thousands):
	Foreign Currency Derivatives		Number of Instruments		Notional				Fair Value at
					Amount				March 31, 2015 (a)
	Designated as Cash Flow Hedging Instruments
	Foreign currency forward contracts		45		17,285		EUR		$	4,726
	Foreign currency forward contracts		36		59,963		NOK		1,735
	Designated as Net Investment Hedging Instruments
	Foreign currency forward contracts		5		8,320		NOK		91
									$	6,552
	___________
	(a)	Fair value amounts are based on the exchange rate of the euro or the Norwegian krone, as applicable, at March 31, 2015.

Debt_Tables

Debt (Tables)	3 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
Schedule of Debt	The following table presents a summary of the non-recourse mortgage loans on our real estate property investments (dollars in thousands):
							Carrying Amount at
	Tenant/Property		Interest Rate		Rate Type	Maturity Date	31-Mar-15		31-Dec-14
	Non-Recourse Debt:
	Infineon Technologies AG		3.1	%	Fixed	2/28/17	$	12,097	$	13,756
	Truffle Portfolio/Oakbank Portfolio (a)		3.9	%	Variable	12/11/19	10,858		11,401
	Club Med Albion Resorts, or Albion Resorts (b)		4	%	Fixed	2/26/20	25,810		19,264
	Konzum d. d.		5.8	%	Fixed	12/31/20	32,571		37,038
	Bank Pekao S.A.		3.3	%	Fixed	3/10/21	57,399		64,852
	Dupont Place Apartments		3.8	%	Fixed	11/1/21	14,140		14,140
	Gentry’s Walk		3.8	%	Fixed	11/1/21	15,330		15,330
	Brantley Pines (c)		3.8	%	Fixed	2/1/22	19,040		—
	Pinnacle Ridge (c)		3.8	%	Fixed	2/1/22	24,045		—
	Royal Vopak NV		2.2	%	Fixed	2/9/22	36,811		—
	State Farm Automobile Company (d)		4.5	%	Fixed	9/10/23	72,800		72,800
	Crowne Group Inc. (a)		5.5	%	Variable	12/30/23	15,864		15,967
	Self-storage – Multiple properties (e)		4.9	%	Fixed	2/1/24	14,500		14,500
	Automobile Protection Corporation (a)		5.1	%	Variable	2/5/24	3,727		3,752
	Solo Cup Operating Company (d)		5.1	%	Fixed	2/6/24	47,250		47,250
	Swift Spinning Inc.		5	%	Fixed	5/1/24	7,710		7,738
	Janus International (a)		4.9	%	Variable	5/5/24	11,538		11,538
	Bell Telephone Company		4.6	%	Fixed	6/11/24	8,000		8,000
	Self-storage – Multiple properties (f)		4.4	%	Fixed	10/11/24	23,000		23,000
	Cooper Tire & Rubber Company  (a)		4.7	%	Variable	10/31/24	6,704		6,704
	Barnsco Inc.		4.5	%	Fixed	11/14/24	5,200		5,200
	Alliant Techsystems Inc.		4.2	%	Fixed	1/6/25	27,650		27,650
	Belk Inc.		4.3	%	Fixed	2/10/25	28,225		—
	Self-storage – Multiple properties (c) (g)		4.3	%	Fixed	3/11/25	48,139		—
	North American Lighting Inc.		4.8	%	Fixed	5/6/26	7,325		7,325
	Air Enterprises Acquisition		5.3	%	Fixed	4/1/39	3,240		3,257
							$	578,973	$	430,462
	Bonds Payable:
	Apply Sorco AS		4.4	%	Fixed	10/31/21	$	44,254	$	48,151
	Siemens AS (h)		3.5	%	Variable	12/15/25	39,858		43,099
							$	84,112	$	91,250
	__________
	(a)	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 the interest rate swaps in effect at March 31, 2015.
	(b)	On February 27, 2015, we completed the refinancing of our Albion Resorts mortgage loans and consolidated them into one mortgage loan. We recognized a $0.2 million gain on the extinguishment of debt within Other expenses and income in the consolidated financial statements during the three months ended March 31, 2015, which related to the aforementioned refinancing.
	(c)	These mortgage loans were entered into or assumed in conjunction with the 2015 Acquisitions as described in Note 5. During the three months ended March 31, 2015, we capitalized $2.9 million of deferred financing costs related to these loans. We amortize deferred financing costs over the term of the related mortgage loan using a method which approximates the effective interest method.
	(d)	These mortgage loans have payments that are interest-only until their respective maturity dates.
	(e)	This mortgage loan is allocated between our St. Petersburg Self Storage and Kissimmee Self Storage investments, which are jointly and severally liable for any possible defaults on the loan.
	(f)	This mortgage loan is allocated to the six self-storage properties purchased from July 22, 2014 through October 9, 2014.
	(g)
Schedule of Debt Maturities	Scheduled debt principal payments during the remainder of 2015, each of the next four calendar years following December 31, 2015, and thereafter are as follows (in thousands):
	Years Ending December 31,		Total
	2015 (remainder)		$	1,737
	2016		2,816
	2017		14,878
	2018		3,553
	2019		14,672
	Thereafter through 2039		624,523
			662,179
	Unamortized premium		906
	Total		$	663,085
	Certain amounts in the table above are based on the applicable foreign currency exchange rate at March 31, 2015. The impact on the carrying value of our Non-recourse debt and bonds payable due to the strengthening of the U.S. dollar relative to foreign currencies during the three months ended March 31, 2015 was a decrease of $25.9 million from December 31, 2014 to March 31, 2015.

Earnings_Per_Share_and_Equity_

Earnings Per Share and Equity (Tables)	3 Months Ended
	Mar. 31, 2015
Earnings Per Share [Abstract]
Schedule of Earnings Per Share	The following table presents loss per share (in thousands, except share and per share amounts):
		Three Months Ended March 31, 2015											Three Months Ended March 31, 2014
		Weighted-Average			Allocation of Loss				Loss				Weighted-Average	Allocation of Loss			Loss
		Shares Outstanding							Per Share				Shares Outstanding				Per Share
	Class A common stock	100,642,226			$	(8,807	)		$	(0.09	)		38,001,011	$	(13,250	)	$	(0.35	)
	Class C common stock	22,381,181			(2,458		)		(0.11		)		3,820,432	(1,420		)	(0.37		)
	Net loss attributable to CPA®:18 – Global				$	(11,265	)							$	(14,670	)
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, 2015
		Gains and Losses				Foreign Currency Translation Adjustments				Total
		on Derivative Instruments
	Beginning balance	$	1,152			$	(22,093	)		$	(20,941	)
	Other comprehensive income (loss) before reclassifications	1,982				(33,629		)		(31,647		)
	Amounts reclassified from accumulated other comprehensive loss to:
	Interest expense	300				—				300
	Other income and (expenses)	(256		)		—				(256		)
	Net current-period Other comprehensive income (loss)	2,026				(33,629		)		(31,603		)
	Net current-period Other comprehensive loss attributable to noncontrolling interests	—				6,068				6,068
	Ending balance	$	3,178			$	(49,654	)		$	(46,476	)
		Three Months Ended March 31, 2014
		Gains and Losses				Foreign Currency Translation Adjustments				Total
		on Derivative Instruments
	Beginning balance	$	(219	)		$	125			$	(94	)
	Other comprehensive loss before reclassifications	(774		)		(285		)		(1,059		)
	Amounts reclassified from accumulated other comprehensive loss to:
	Interest expense	111				—				111
	Net current-period Other comprehensive loss	(663		)		(285		)		(948		)
	Net current-period Other comprehensive loss attributable to noncontrolling interests	—				324				324
	Ending balance	$	(882	)		$	164			$	(718	)

Organization_and_Offering_Narr

Organization and Offering (Narratives) (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	7-May-13
Additional Disclosures
Number of properties	49
Number of tenants	77
Area of real estate property	7,800,000
Public Offering
Capital interest ownership in operating partnership	99.97%
Common stock shares maximum offering		$1,400,000,000
Stock authorized during period share value dividend reinvestment plan		150,000,000
Multi-Family
Additional Disclosures
Number of properties	5
Operating Real Estate
Additional Disclosures
Area of real estate property	2,600,000
Class A common stock
Public Offering
Common stock, par or stated value per share, pursuant to DRIP		$9.60
Cumulative funds from offering	977,400,000
Distributions reinvested through the DRIP	25,900,000
Class C common stock
Public Offering
Common stock, par or stated value per share, pursuant to DRIP		$8.98
Cumulative funds from offering	264,900,000
Distributions reinvested through the DRIP	$3,500,000
Self Storage | Business Combinations
Additional Disclosures
Number of properties	20

Revision_of_Prior_Period_Finan2

Revision of Prior Period Financial Statements (Details 1) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Revenues
Total revenues	$27,172	$6,694
Operating Expenses
Total operating expenses	27,113	23,091
Other Income and Expenses
Other (expenses) and income	-2,498	54
Other Income and Expenses	-9,636	-2,022
Loss before income taxes	-9,577	-18,419
Benefit from (provision for) income taxes	-327	-24
Net Loss	-9,904	-18,443
Net loss attributable to noncontrolling interest	-1,361	3,773
Net Loss Attributable to CPA®:18 – Global	-11,265	-14,670
Class A
Other Income and Expenses
Net Loss Attributable to CPA®:18 – Global	-8,807	-13,250
Weighted-average shares outstanding	100,642,226	38,001,011
Net loss per share (in dollars per share)	($0.09)	($0.35)
Class C
Other Income and Expenses
Net Loss Attributable to CPA®:18 – Global	-2,458	-1,420
Weighted-average shares outstanding	22,381,181	3,820,432
Net loss per share (in dollars per share)	($0.11)	($0.37)
As Reported
Revenues
Total revenues		6,694
Operating Expenses
Total operating expenses		23,091
Other Income and Expenses
Other (expenses) and income		230
Other Income and Expenses		-1,846
Loss before income taxes		-18,243
Benefit from (provision for) income taxes		263
Net Loss		-17,980
Net loss attributable to noncontrolling interest		3,743
Net Loss Attributable to CPA®:18 – Global		-14,237
As Reported | Class A
Other Income and Expenses
Net Loss Attributable to CPA®:18 – Global		-12,856
Weighted-average shares outstanding		38,001,011
Net loss per share (in dollars per share)		($0.34)
As Reported | Class C
Other Income and Expenses
Net Loss Attributable to CPA®:18 – Global		-1,381
Weighted-average shares outstanding		3,820,432
Net loss per share (in dollars per share)		($0.36)
Revisions
Revenues
Total revenues		0
Operating Expenses
Total operating expenses		0
Other Income and Expenses
Other (expenses) and income		-176
Other Income and Expenses		-176
Loss before income taxes		-176
Benefit from (provision for) income taxes		-287
Net Loss		-463
Net loss attributable to noncontrolling interest		30
Net Loss Attributable to CPA®:18 – Global		-433
Revisions | Class A
Other Income and Expenses
Net Loss Attributable to CPA®:18 – Global		-394
Weighted-average shares outstanding		0
Net loss per share (in dollars per share)		($0.01)
Revisions | Class C
Other Income and Expenses
Net Loss Attributable to CPA®:18 – Global		($39)
Weighted-average shares outstanding		0
Net loss per share (in dollars per share)		($0.01)

Revision_of_Prior_Period_Finan3

Revision of Prior Period Financial Statements (Details 2) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Statement of Comprehensive Income
Net Loss	($9,904)	($18,443)
Other Comprehensive Loss
Foreign currency translation adjustments	-33,629	-285
Change in net unrealized gain (loss) on derivative instruments	2,026	-663
Other Comprehensive Loss	-31,603	-948
Comprehensive Loss	-41,507	-19,391
Amounts Attributable to Noncontrolling Interests
Net (income) loss	-1,361	3,773
Foreign currency translation adjustments	6,068	324
Comprehensive loss (income) attributable to noncontrolling interests	4,707	4,097
Comprehensive Loss Attributable to CPA®:18 – Global	-36,800	-15,294
As Reported
Statement of Comprehensive Income
Net Loss		-17,980
Other Comprehensive Loss
Foreign currency translation adjustments		-461
Change in net unrealized gain (loss) on derivative instruments		-663
Other Comprehensive Loss		-1,124
Comprehensive Loss		-19,104
Amounts Attributable to Noncontrolling Interests
Net (income) loss		3,743
Foreign currency translation adjustments		324
Comprehensive loss (income) attributable to noncontrolling interests		4,067
Comprehensive Loss Attributable to CPA®:18 – Global		-15,037
Revisions
Statement of Comprehensive Income
Net Loss		-463
Other Comprehensive Loss
Foreign currency translation adjustments		176
Change in net unrealized gain (loss) on derivative instruments		0
Other Comprehensive Loss		176
Comprehensive Loss		-287
Amounts Attributable to Noncontrolling Interests
Net (income) loss		30
Foreign currency translation adjustments		0
Comprehensive loss (income) attributable to noncontrolling interests		30
Comprehensive Loss Attributable to CPA®:18 – Global		($257)

Revision_of_Prior_Period_Finan4

Revision of Prior Period Financial Statements (Details 3) (USD $)	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Total equity	$1,040,586	$1,000,228	$672,120	$250,471
Additional Paid-In Capital
Total equity	1,161,196	1,056,862	575,098	215,371
Distributions and Accumulated Losses
Total equity	-141,809	-111,878	-23,496	-2,567
Accumulated Other Comprehensive Loss
Total equity	-46,476	-20,941	-718	-94
Total CPA 18 - Global Stockholders
Total equity	969,819	922,641	550,948	212,734
Noncontrolling Interests
Total equity	70,767	77,587	121,172	37,737
Class A
Total equity	101	100	59	21
Common stock, shares outstanding	100,713,608	99,924,009	59,314,868	21,290,097
Class C
Total equity	29	18	5	3
Common stock, shares outstanding	28,662,440	18,026,013	4,994,383	2,776,001
As Reported
Total equity			672,407
As Reported | Additional Paid-In Capital
Total equity			575,098
As Reported | Distributions and Accumulated Losses
Total equity			-23,063
As Reported | Accumulated Other Comprehensive Loss
Total equity			-894
As Reported | Total CPA 18 - Global Stockholders
Total equity			551,205
As Reported | Noncontrolling Interests
Total equity			121,202
As Reported | Class A
Total equity			59
Common stock, shares outstanding			59,314,868
As Reported | Class C
Total equity			5
Common stock, shares outstanding			4,994,383
Revisions
Total equity			-287
Revisions | Additional Paid-In Capital
Total equity			0
Revisions | Distributions and Accumulated Losses
Total equity			-433
Revisions | Accumulated Other Comprehensive Loss
Total equity			176
Revisions | Total CPA 18 - Global Stockholders
Total equity			-257
Revisions | Noncontrolling Interests
Total equity			-30
Revisions | Class A
Total equity			0
Common stock, shares outstanding			0
Revisions | Class C
Total equity			$0
Common stock, shares outstanding			0

Agreements_and_Transactions_wi2

Agreements and Transactions with Related Parties (Narratives) (Details) (USD $)	3 Months Ended		0 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 18, 2013	Oct. 31, 2014	Mar. 31, 2014	Aug. 20, 2013	Dec. 31, 2014	Dec. 31, 2013
	property		property
Related Party Transaction [Line Items]
Aggregate gross proceeds from offering threshold ( percentage)	1.50%
Organizational costs incurred	$8,500,000
Reimbursed offering cost	8,400,000
Deferred offering cost charged to equity	8,100,000
Maximum line of credit approved by directors	100,000,000
Due to Related Party
Shareholder servicing fee	500,000	88,000
Maximum personnel and overhead reimbursement, percentage	2.40%
Legal fee reimbursement rate	0.25%
Available Cash Distribution	894,000	69,000
Preferred Return	5.00%
Net investments in properties	922,013,000						865,517,000
Number of properties acquired	11
2016
Due to Related Party
Maximum personnel and overhead reimbursement, percentage	2.20%
2017
Due to Related Party
Maximum personnel and overhead reimbursement, percentage	2.00%
Contract sales price of investment
Due to Related Party
Percentage of subordinated disposition fees	3.00%
Adjusted net income
Due to Related Party
Percentage of operating expense reimbursement	25.00%
Average invested asset
Due to Related Party
Percentage of operating expense reimbursement	2.00%
Real estate commission
Due to Related Party
Percentage of subordinated disposition fees	50.00%
Current
Due to Related Party
Percentage of acquisition fees	2.50%
Deferred
Due to Related Party
Percentage of acquisition fees	2.00%
Class A common stock
Related Party Transaction [Line Items]
Common stock initial public offering par Or stated value per share	$10
Number of shares held by advisor	100,713,608	59,314,868			59,314,868		99,924,009	21,290,097
Due to Related Party
Selling commission per share sold	$0.70
Dealer manager fee per share sold	$0.30
Class A common stock | Advisor
Related Party Transaction [Line Items]
Number of shares held by advisor	391,273
Advisor owned percentage of common stock	0.40%
Class C common stock
Related Party Transaction [Line Items]
Number of shares held by advisor	28,662,440	4,994,383			4,994,383		18,026,013	2,776,001
Due to Related Party
Selling commission per share sold	$0.14
Dealer manager fee per share sold	$0.21
Shareholder servicing fee	1.00%
Minimum | Average market value of investment
Related Party Transaction [Line Items]
Percentage of asset management fees	0.50%
Maximum
Due to Related Party
Percentage of acquisition fees	6.00%
Maximum | Average equity value of investment
Related Party Transaction [Line Items]
Percentage of asset management fees	1.50%
Maximum | Cpa 18 Holdings
Due to Related Party
Available cash distribution, percentage	10.00%
Real Estate
Due to Related Party
Net investments in properties	690,355,000						732,860,000
Number of properties acquired	2
Business Combinations
Due to Related Party
Number of properties acquired	9
Investment purchase price	111,850,000
Konzum d. d. | Real Estate
Due to Related Party
Ownership interest in jointly-owned investment			80.00%
Net investments in properties			97,000,000
Number of properties acquired			5
Investment purchase price			77,600,000
Apply Sorco AS | Real Estate
Due to Related Party
Ownership interest in jointly-owned investment				51.00%
Net investments in properties				108,300,000
Investment purchase price				55,200,000
Bank Pekao S.A. | Business Combinations
Due to Related Party
Ownership interest in jointly-owned investment		50.00%			50.00%
Net investments in properties		147,900,000			147,900,000
Investment purchase price					74,000,000
State Farm Automobile Company (d) | Real Estate
Due to Related Party
Ownership interest in jointly-owned investment						50.00%
Net investments in properties						115,600,000
Investment purchase price						$57,800,000

Agreements_and_Transactions_wi3

Agreements and Transactions with Related Parties (Details 1) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Amounts Included in the Consolidated Statements of Operations
Acquisition expenses	$6,600	$18,994
Asset management fees	3,917	627
Available Cash Distribution	894	69
Shareholder servicing fee	500	88
Personnel and overhead reimbursements	158	16
Interest expense on deferred acquisition fees	77	20
Operating expenses	8,508	16,396
Other Transaction Fees Incurred
Selling commissions and dealer manager fees	3,678	38,670
Current acquisition fees	3,466	484
Deferred acquisition fees	2,773	798
Offering costs	453	471
Transaction fees incurred	10,370	40,423
Related Party
Amounts Included in the Consolidated Statements of Operations
Acquisition expenses	5,462	15,872
Asset management fees	$1,417	$331

Agreements_and_Transactions_wi4

Agreements and Transactions with Related Parties Agreements and Transactions with Related Parties (Details 2) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Due to Related Parties [Abstract]
Deferred acquisition fees, including interest	$18,947	$17,525
Current acquisition fees	3,636	0
Accounts payable	874	2,702
Reimbursable costs	806	46
Asset management fees payable	488	378
Due to affiliate	$24,751	$20,651

Net_Investments_in_Properties_1

Net Investments in Properties (Narratives) (Details) (USD $)

3 Months Ended

12 Months Ended

0 Months Ended

Mar. 31, 2015

Mar. 31, 2014

Dec. 31, 2014

Mar. 20, 2015

Feb. 19, 2015

Mar. 24, 2015

Mar. 10, 2015

Feb. 25, 2015

Feb. 18, 2015

Feb. 04, 2015

Jan. 28, 2015

Jan. 15, 2015

property

Real Estate Properties [Line Items]

Capitalized funds

$41,421,000

$20,617,000

Placed into service

311,000

18,502,000

Acqusition

Number of properties acquired

11

Acquisition-related cost and fees, capitalized

10,370,000

40,423,000

Non-recourse debt

578,973,000

430,462,000

Capitalized interest

34,000

143,000

Effect of exchange rate fluctuation

-33,629,000

-285,000

Acquisition expenses

6,600,000

18,994,000

Build To Suit Projects

Acqusition

Number of properties acquired

2

Investment purchase price

39,000,000

Acquisition-related cost and fees, capitalized

6,200,000

Real Estate

Acqusition

Number of properties acquired

2

Unfunded commitment

108,200,000

9,700,000

Effect of exchange rate fluctuation

-45,300,000

Real Estate | Initial Funding

Real Estate Properties [Line Items]

Capitalized funds

36,900,000

Real Estate | Additional Funding

Real Estate Properties [Line Items]

Capitalized funds

-3,600,000

Real Estate | Rabobank

Acqusition

Investment purchase price

21,700,000

Real Estate | Reading

Acqusition

Ownership interest in jointly-owned investment

96.00%

Investment purchase price

17,300,000

Business Combinations

Acqusition

Number of properties acquired

9

Investment purchase price

111,850,000

Total identifiable net assets acquired in business combination

113,695,000

Acquisition expenses

4,200,000

Business Combinations | Broadfold

Acqusition

Investment purchase price

6,800,000

Acquisition expenses

700,000

Operating Real Estate

Acqusition

Investment purchase price

106,900,000

Non-recourse debt

23,000,000

23,000,000

Acquisition expenses

2,500,000

Operating Real Estate | Self-Storage Facility in Panama City, FL

Acqusition

Investment purchase price

4,000,000

Operating Real Estate | Self-Storage Facility in Lady Lake, FL

Acqusition

Investment purchase price

6,000,000

Operating Real Estate | Self-Storage Facility in Sebastian, FL

Acqusition

Investment purchase price

3,000,000

Operating Real Estate | Self-Storage Facility in Tallahassee, FL

Acqusition

Investment purchase price

7,500,000

Operating Real Estate | Self-Storage Facility in Valrico, FL

Acqusition

Investment purchase price

9,200,000

Operating Real Estate | Self-Storage Facility in Naples, FL

Acqusition

Investment purchase price

15,600,000

Multi-Family

Acqusition

Number of properties acquired

2

Investment purchase price

61,500,000

Acquisition expenses

3,300,000

Multi-Family | Pinnacle Ridge (c)

Acqusition

Ownership interest in jointly-owned investment

97.00%

Units

350

Investment purchase price

34,300,000

Non-recourse debt

24,000,000

Multi-Family | Brantley Pines (c)

Acqusition

Ownership interest in jointly-owned investment

97.00%

Units

296

Investment purchase price

27,200,000

Non-recourse debt

19,000,000

Self Storage

Acqusition

Number of properties acquired

6

Investment purchase price

45,400,000

Non-recourse debt

$14,500,000

$14,500,000

Net_Investments_in_Properties_2

Net Investments in Properties (Details 1) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Investments in real estate:
Less: Accumulated depreciation	($17,253)	($11,814)
Net investments in properties	922,013	865,517
Real Estate
Investments in real estate:
Land	102,158	104,604
Buildings	603,125	639,131
Less: Accumulated depreciation	-14,928	-10,875
Net investments in properties	690,355	732,860
Operating Real Estate
Investments in real estate:
Land	48,205	28,040
Buildings	185,778	105,556
Less: Accumulated depreciation	-2,325	-939
Net investments in properties	$231,658	$132,657

Net_Investments_in_Properties_3

Net Investments in Properties (Details 2) (Business Combinations, USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015
Acquisition consideration
Investment purchase price	$111,850
Assets acquired at fair value:
Land	21,188
Buildings	84,611
In-place lease intangible assets	8,079
Above-market rent intangible assets	137
Other assets assumed	5
Total assets acquired in business combination	114,020
Liabilities assumed at fair value:
Below-market rent intangible liabilities	-85
Other liabilities assumed	-240
Total liabilities acquired in business combination	-325
Total identifiable net assets	113,695
Amounts attributable to noncontrolling interest	-1,845
Net assets acquired including goodwill less noncontrolling interest	111,850
Net-Leased Property
Acquisition consideration
Investment purchase price	6,821
Assets acquired at fair value:
Land	1,022
Buildings	4,815
In-place lease intangible assets	984
Above-market rent intangible assets	0
Other assets assumed	0
Total assets acquired in business combination	6,821
Liabilities assumed at fair value:
Below-market rent intangible liabilities	0
Other liabilities assumed	0
Total liabilities acquired in business combination	0
Total identifiable net assets	6,821
Amounts attributable to noncontrolling interest	0
Net assets acquired including goodwill less noncontrolling interest	6,821
Operating Acquisition
Acquisition consideration
Investment purchase price	105,029
Assets acquired at fair value:
Land	20,166
Buildings	79,796
In-place lease intangible assets	7,095
Above-market rent intangible assets	137
Other assets assumed	5
Total assets acquired in business combination	107,199
Liabilities assumed at fair value:
Below-market rent intangible liabilities	-85
Other liabilities assumed	-240
Total liabilities acquired in business combination	-325
Total identifiable net assets	106,874
Amounts attributable to noncontrolling interest	-1,845
Net assets acquired including goodwill less noncontrolling interest	$105,029

Net_Investments_in_Properties_4

Net Investments in Properties (Details 3) (USD $)	3 Months Ended		0 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015
Revenues from acquired properties
Revenues	$27,172	$6,694
Net Loss	-9,904	-18,443
Net loss attributable to noncontrolling interest	-1,361	3,773
Net Loss Attributable to CPA®:18 – Global	-11,265	-14,670
Business Combinations
Revenues from acquired properties
Revenues	3,416
Net Loss	-5,176
Net loss attributable to noncontrolling interest	11
Net Loss Attributable to CPA®:18 – Global	-5,165
Operating Real Estate | Business Combinations
Revenues from acquired properties
Revenues	3,401
Net Loss	-4,445
Net loss attributable to noncontrolling interest	11
Net Loss Attributable to CPA®:18 – Global	-4,434
Net-Leased Property | Business Combinations
Revenues from acquired properties
Revenues			15
Net Loss			-731
Net loss attributable to noncontrolling interest			0
Net Loss Attributable to CPA®:18 – Global			($731)

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, 2015	Mar. 31, 2014
Pro Forma Information
Pro forma total revenues (a)	$27,564	$12,194
Pro forma net loss (b)	-5,813	-22,733
Pro forma net (income) loss attributable to noncontrolling interests	-1,361	3,608
Pro forma net loss attributable to CPA®:18 – Global	-7,174	-19,125
Class A
Pro Forma Information
Pro forma net loss attributable to CPA®:18 – Global	-5,460	-17,218
Pro forma net (loss) earnings per share
Weighted-average shares outstanding	100,642,226	38,001,011
Loss per share	($0.05)	($0.45)
Class C
Pro Forma Information
Pro forma net loss attributable to CPA®:18 – Global	($1,714)	($1,907)
Pro forma net (loss) earnings per share
Weighted-average shares outstanding	22,381,181	3,820,432
Loss per share	($0.08)	($0.50)

Net_Investments_in_Properties_6

Net Investments in Properties Net Investments in Properties (Details 5) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Real Estate Under Construction
Beginning balance	$2,258	$0
Capitalized funds	41,421	20,617
Foreign currency translation adjustments, building improvements and other	-901	0
Placed into service	-311	-18,502
Capitalized interest	34	143
Ending balance	$42,501	$2,258

Finance_Receivables_Narratives

Finance Receivables (Narratives) (Details) (USD $)	3 Months Ended		0 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Jul. 21, 2014	Dec. 31, 2014
Finance Receivables
Interest income from direct financing leases	$1,019,000	$552,000
Note receivable	28,000,000			28,000,000
AR billed under DFL	200,000
Cipriani
Finance Receivables
Interest rate on note receivable			10.00%
Senior note			$60,000,000

Finance_Receivables_Details_1

Finance Receivables (Details 1) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Net Investments in Direct Financing Leases
Minimum lease payments receivable	$89,613	$86,338
Unguaranteed residual value	45,473	45,473
Gross investments in direct financing lease	135,086	131,811
Less: unearned income	-89,498	-86,229
Net investment in direct financing leases	$45,588	$45,582

Finance_Receivables_Details_2

Finance Receivables (Details 2) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Credit Quality Of Finance Receivables
Carrying Value	$73,588	$73,582
Internally Assigned Grade 1
Credit Quality Of Finance Receivables
Number of tenants and obligors	0	0
Carrying Value	0	0
Internally Assigned Grade 2
Credit Quality Of Finance Receivables
Number of tenants and obligors	1	1
Carrying Value	8,988	8,962
Internally Assigned Grade 3
Credit Quality Of Finance Receivables
Number of tenants and obligors	4	4
Carrying Value	64,600	64,620
Internally Assigned Grade 4
Credit Quality Of Finance Receivables
Number of tenants and obligors	0	0
Carrying Value	0	0
Internally Assigned Grade 5
Credit Quality Of Finance Receivables
Number of tenants and obligors	0	0
Carrying Value	$0	$0

Intangible_Assets_and_Liabilit2

Intangible Assets and Liabilities (Narratives) (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Acquired Finite-Lived Intangible Assets and Liabilities
Net amortization of intangibles	$6.10	$1.30
Minimum
Acquired Finite-Lived Intangible Assets and Liabilities
Finite-lived intangible asset, useful life	1 year
Maximum
Acquired Finite-Lived Intangible Assets and Liabilities
Finite-lived intangible asset, useful life	30 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, 2015
Amortizable Intangible Assets
Acquired finite lived intangible assets	$8,216
Below-market rent
Amortizable Intangible Liability
Acquired finite-lived intangible liabilities, weighted average useful life	6 years 10 months 24 days
Acquired finite lived intangible liabilities	-85
In-place lease
Amortizable Intangible Assets
Acquired finite-lived intangible assets, weighted average useful life	1 year 7 months 6 days
Acquired finite lived intangible assets	8,079
Above market rent
Amortizable Intangible Assets
Acquired finite-lived intangible assets, weighted average useful life	3 years 9 months 18 days
Acquired finite lived intangible assets	$137

Intangible_Assets_and_Liabilit4

Intangible Assets and Liabilities (Details 2) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015
Goodwill
Goodwill - beginning balance	$9,692
Foreign currency translation	-922
Goodwill - ending balance	$8,770

Intangible_Assets_and_Liabilit5

Intangible Assets and Liabilities (Details 3) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Amortizable Intangible Assets
Finite-lived intangible assets, gross	$198,885	$204,184
Less: accumulated amortization	-16,548	-10,882
Finite-lived intangible assets, net	182,337	193,302
Goodwill	8,770	9,692
Total intangible assets, gross	207,655	213,876
Total intangible assets, net	191,107	202,994
Amortizable Intangible Liability
Finite-Lived Intangible Liabilities, Gross	-6,376	-6,403
Finite Lived Intangible Liabilities Accumulated Amortization	458	347
Finite Lived Intangible Liabilities Net	-5,918	-6,056
Below-market rent
Amortizable Intangible Liability
Finite-Lived Intangible Liabilities, Gross	-6,255	-6,276
Finite Lived Intangible Liabilities Accumulated Amortization	457	347
Finite Lived Intangible Liabilities Net	-5,798	-5,929
Above-market ground lease
Amortizable Intangible Liability
Finite-Lived Intangible Liabilities, Gross	-121	-127
Finite Lived Intangible Liabilities Accumulated Amortization	1	0
Finite Lived Intangible Liabilities Net	-120	-127
In-place lease
Amortizable Intangible Assets
Finite-lived intangible assets, gross	175,121	177,970
Less: accumulated amortization	-15,801	-10,335
Finite-lived intangible assets, net	159,320	167,635
Below-market ground lease
Amortizable Intangible Assets
Finite-lived intangible assets, gross	13,995	15,790
Less: accumulated amortization	-191	-167
Finite-lived intangible assets, net	13,804	15,623
Above market rent
Amortizable Intangible Assets
Finite-lived intangible assets, gross	9,769	10,424
Less: accumulated amortization	-556	-380
Finite-lived intangible assets, net	$9,213	$10,044

Intangible_Assets_and_Liabilit6

Intangible Assets and Liabilities (Details 4) (USD $)	Mar. 31, 2015
In Thousands, unless otherwise specified
Net
2015 (remaining)	$16,254
2016	19,375
2017	14,280
2018	12,942
2019	12,429
Thereafter	101,139
Total	176,419
Net Decrease in Rental Income
Net
2015 (remaining)	274
2016	356
2017	313
2018	266
2019	256
Thereafter	1,950
Total	3,415
Increase to Amortization/Property Expense
Net
2015 (remaining)	15,980
2016	19,019
2017	13,967
2018	12,676
2019	12,173
Thereafter	99,189
Total	$173,004

Fair_Value_Measurements_Narrat

Fair Value Measurements (Narratives) (Details)	3 Months Ended
	Mar. 31, 2015
Fair Value Disclosures [Abstract]
Leverage adjusted unsecured spread	1.07%
Illiquidity adjustment	0.75%

Fair_Value_Measurements_Detail

Fair Value Measurements (Details) (Level 3, USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Carrying Value
Liabilities
Debt (a)	$663,085	$521,712
Note receivable (b)	28,000	28,000
Deferred acquisition fees payable (c)	18,947	17,525
Fair Value
Liabilities
Debt (a)	684,910	540,577
Note receivable (b)	28,000	28,000
Deferred acquisition fees payable (c)	$18,934	$17,520

Risk_Management_and_Use_of_Der2

Risk Management and Use of Derivative Financial Instruments (Narratives) (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2015
Derivative [Line Items]
Termination value of assets	$3.50
Total credit exposure	6.6
Derivative in net liability position	3.3
Interest expense
Derivative [Line Items]
Estimated amount of derivative income loss to be reclassified to interest expense in the next 12 months	1.1
Other income
Derivative [Line Items]
Estimated amount of derivative income loss to be reclassified to interest expense in the next 12 months	-1.3
Individual Counterparty
Derivative [Line Items]
Total credit exposure	$4.60

Risk_Management_and_Use_of_Der3

Risk Management and Use of Derivative Financial Instruments (Details 1) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Derivatives, Fair Value
Derivative asset fair value	$6,552	$3,664
Derivative liability, fair value	-3,283	-2,501
Foreign currency forwards | Designated as Hedging Instrument | Other assets
Derivatives, Fair Value
Derivative asset fair value	6,552	3,664
Interest rate swap | Designated as Hedging Instrument | Accounts payable, accrued expenses and other liabilities
Derivatives, Fair Value
Derivative liability, fair value	($3,283)	($2,501)

Risk_Management_and_Use_of_Der4

Risk Management and Use of Derivative Financial Instruments (Details 2) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net
Derivative instrument gain loss recognized in OCI	$2,106	($663)
Interest rate swap | Cash Flow Hedging
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net
Derivative instrument gain loss recognized in OCI	-782	-372
Foreign currency forwards | Cash Flow Hedging
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net
Derivative instrument gain loss recognized in OCI	2,808	-291
Foreign currency forwards | Net Investment Hedging
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net
Derivative instrument gain loss recognized in OCI	$80	$0

Risk_Management_and_Use_of_Der5

Risk Management and Use of Derivative Financial Instruments (Details 3) (Cash Flow Hedging, USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Derivative Instruments, Gain (Loss) [Line Items]
Amount of unrecognized loss related to interest rate swap reclassified to interest expense	($44)	($111)
Interest rate swap | Interest expense
Derivative Instruments, Gain (Loss) [Line Items]
Amount of unrecognized loss related to interest rate swap reclassified to interest expense	-300	-111
Foreign currency forwards | Other income
Derivative Instruments, Gain (Loss) [Line Items]
Amount of unrecognized loss related to interest rate swap reclassified to interest expense	$256	$0

Risk_Management_and_Use_of_Der6

Risk Management and Use of Derivative Financial Instruments (Details 4) (Interest rate swap, USD $)	Mar. 31, 2015
In Thousands, unless otherwise specified
Derivative
Fair value	($3,283)
USD
Derivative
Number of Instruments	6
Notional Amount	43,033
Fair value	-3,131
GBP
Derivative
Number of Instruments	1
Notional Amount	5,505
Fair value	($152)

Risk_Management_and_Use_of_Der7

Risk Management and Use of Derivative Financial Instruments (Details 5) (Designated as Hedging Instrument, Foreign currency forward contracts, USD $)	Mar. 31, 2015
In Thousands, unless otherwise specified
Derivative
Fair value	$6,552
Cash Flow Hedging | Euro
Derivative
Number of Instruments	45
Notional Amount	17,285
Fair value	4,726
Cash Flow Hedging | NOK
Derivative
Number of Instruments	36
Notional Amount	59,963
Fair value	1,735
Net Investment Hedging | NOK
Derivative
Number of Instruments	5
Notional Amount	8,320
Fair value	$91

Debt_Narratives_Details

Debt (Narratives) (Details) (USD $)	3 Months Ended		0 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Feb. 27, 2015	Dec. 31, 2014	Feb. 18, 2015
Debt Instrument [Line Items]
Effect of exchange rate fluctuation	($33,629,000)	($285,000)
Debt Instruments
Non-recourse debt	923,100,000			752,600,000
Deferred financing costs, capitalized	2,900,000
Secured Debt	578,973,000			430,462,000
Club Med Albion Resorts, or Albion Resorts (b)
Debt Instruments
Gains on extinguishment of debt			200,000
Secured Debt	25,810,000			19,264,000
Self-storage – Multiple properties (c) (g)
Debt Instruments
Secured Debt				0	48,139,000
Long-term debt
Debt Instrument [Line Items]
Effect of exchange rate fluctuation	($25,900,000)

Debt_Details_1

Debt (Details 1) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Feb. 18, 2015	Dec. 31, 2014
Outsanding Debt
Non-recourse debt	$578,973		$430,462
Bonds payable	84,112		91,250
Infineon Technologies AG
Outsanding Debt
Interest Rate	3.10%
Rate Type	Fixed
Maturity Date	28-Feb-17
Non-recourse debt	12,097		13,756
Truffle Portfolio/Oakbank Portfolio (a)
Outsanding Debt
Interest Rate	3.90%
Rate Type	Variable
Maturity Date	11-Dec-19
Non-recourse debt	10,858		11,401
Club Med Albion Resorts, or Albion Resorts (b)
Outsanding Debt
Interest Rate	4.00%
Rate Type	Fixed
Maturity Date	26-Feb-20
Non-recourse debt	25,810		19,264
Konzum d. d.
Outsanding Debt
Interest Rate	5.80%
Rate Type	Fixed
Maturity Date	31-Dec-20
Non-recourse debt	32,571		37,038
Bank Pekao S.A.
Outsanding Debt
Interest Rate	3.30%
Rate Type	Fixed
Maturity Date	10-Mar-21
Non-recourse debt	57,399		64,852
Dupont Place Apartments
Outsanding Debt
Interest Rate	3.80%
Rate Type	Fixed
Maturity Date	1-Nov-21
Non-recourse debt	14,140		14,140
Gentry’s Walk
Outsanding Debt
Interest Rate	3.80%
Rate Type	Fixed
Maturity Date	1-Nov-21
Non-recourse debt	15,330		15,330
Brantley Pines (c)
Outsanding Debt
Interest Rate	3.80%
Rate Type	Fixed
Maturity Date	1-Feb-22
Non-recourse debt	19,040		0
Pinnacle Ridge (c)
Outsanding Debt
Interest Rate	3.80%
Rate Type	Fixed
Maturity Date	1-Feb-22
Non-recourse debt	24,045		0
Royal Vopak NV
Outsanding Debt
Interest Rate	2.20%
Rate Type	Fixed
Maturity Date	9-Feb-22
Non-recourse debt	36,811		0
State Farm Automobile Company (d)
Outsanding Debt
Interest Rate	4.50%
Rate Type	Fixed
Maturity Date	10-Sep-23
Non-recourse debt	72,800		72,800
Crowne Group Inc. (a)
Outsanding Debt
Interest Rate	5.50%
Rate Type	Variable
Maturity Date	30-Dec-23
Non-recourse debt	15,864		15,967
Self-storage – Multiple properties (e)
Outsanding Debt
Interest Rate	4.90%
Rate Type	Fixed
Maturity Date	1-Feb-24
Non-recourse debt	14,500		14,500
Automobile Protection Corporation (a)
Outsanding Debt
Interest Rate	5.10%
Rate Type	Variable
Maturity Date	5-Feb-24
Non-recourse debt	3,727		3,752
Solo Cup Operating Company (d)
Outsanding Debt
Interest Rate	5.10%
Rate Type	Fixed
Maturity Date	6-Feb-24
Non-recourse debt	47,250		47,250
Swift Spinning Inc.
Outsanding Debt
Interest Rate	5.00%
Rate Type	Fixed
Maturity Date	1-May-24
Non-recourse debt	7,710		7,738
Janus International (a)
Outsanding Debt
Interest Rate	4.90%
Rate Type	Variable
Maturity Date	5-May-24
Non-recourse debt	11,538		11,538
Bell Telephone Company
Outsanding Debt
Interest Rate	4.60%
Rate Type	Fixed
Maturity Date	11-Jun-24
Non-recourse debt	8,000		8,000
Self-storage – Multiple properties (f)
Outsanding Debt
Interest Rate	4.40%
Rate Type	Fixed
Maturity Date	11-Oct-24
Non-recourse debt	23,000		23,000
Cooper Tire & Rubber Company (a)
Outsanding Debt
Interest Rate	4.70%
Rate Type	Variable
Maturity Date	31-Oct-24
Non-recourse debt	6,704		6,704
Barnsco Inc.
Outsanding Debt
Interest Rate	4.50%
Rate Type	Fixed
Maturity Date	14-Nov-24
Non-recourse debt	5,200		5,200
Alliant Techsystems Inc.
Outsanding Debt
Interest Rate	4.20%
Rate Type	Fixed
Maturity Date	6-Jan-25
Non-recourse debt	27,650		27,650
Belk Inc.
Outsanding Debt
Interest Rate	4.30%
Rate Type	Fixed
Maturity Date	10-Feb-25
Non-recourse debt	28,225		0
Self-storage – Multiple properties (c) (g)
Outsanding Debt
Interest Rate	4.30%
Rate Type	Fixed
Maturity Date	11-Mar-25
Non-recourse debt		48,139	0
North American Lighting Inc.
Outsanding Debt
Interest Rate	4.80%
Rate Type	Fixed
Maturity Date	6-May-26
Non-recourse debt	7,325		7,325
Air Enterprises Acquisition
Outsanding Debt
Interest Rate	5.30%
Rate Type	Fixed
Maturity Date	1-Apr-39
Non-recourse debt	3,240		3,257
Apply Sorco AS
Outsanding Debt
Interest Rate	4.40%
Rate Type	Fixed
Maturity Date	31-Oct-21
Bonds payable	44,254		48,151
Siemens AS (h)
Outsanding Debt
Interest Rate	3.50%
Rate Type	Variable
Maturity Date	15-Dec-25
Bonds payable	$39,858		$43,099

Debt_Details_2

Debt (Details 2) (USD $)	Mar. 31, 2015
In Thousands, unless otherwise specified
Long-term Debt, Fiscal Year Maturity
2015 (remaining)	$1,737
2016	2,816
2017	14,878
2018	3,553
2019	14,672
Thereafter through 2039	624,523
Long term debt gross	662,179
Unamortized premium	906
Total	$663,085

Earnings_Per_Share_and_Equity_1

Earnings Per Share and Equity (Narratives) (Details) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Stock-based Compensation
Shareholder servicing fee incurred	$500	$88
Distributions Declared
Dividend payable, date	15-Apr-15
Distributions payable	$18,666		$17,629
Class A
Distributions Declared
Daily distribution rate	$0.00
Class C
Distributions Declared
Daily distribution rate	$0.00

Earnings_Per_Share_and_Equity_2

Earnings Per Share and Equity (Details 1) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Basic
Net Loss Attributable to CPA®:18 – Global	($11,265)	($14,670)
Class A common stock
Basic
Weighted-Average Shares Outstanding	100,642,226	38,001,011
Net Loss Attributable to CPA®:18 – Global	-8,807	-13,250
Loss Per Share (in dollars per share)	($0.09)	($0.35)
Class C common stock
Basic
Weighted-Average Shares Outstanding	22,381,181	3,820,432
Net Loss Attributable to CPA®:18 – Global	($2,458)	($1,420)
Loss Per Share (in dollars per share)	($0.11)	($0.37)

Earnings_Per_Share_and_Equity_3

Earnings Per Share and Equity (Details 2) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Reconciliation Of Accumulated Comprehensive Income
Beginning balance	($20,941)	($94)
Other comprehensive loss before reclassifications	-31,647	-1,059
Amounts reclassified from accumulated other comprehensive loss to:
Amount reclassified from accumulated other comprehensive loss to income		111
Other Comprehensive Loss	-31,603	-948
Net current-period Other comprehensive loss attributable to noncontrolling interests	6,068	324
Ending balance	-46,476	-718
Interest expense
Amounts reclassified from accumulated other comprehensive loss to:
Amount reclassified from accumulated other comprehensive loss to income	300
Other income and (expense)
Amounts reclassified from accumulated other comprehensive loss to:
Amount reclassified from accumulated other comprehensive loss to income	-256
Gains and Losses on Derivative Instruments
Reconciliation Of Accumulated Comprehensive Income
Beginning balance	1,152	-219
Other comprehensive loss before reclassifications	1,982	-774
Amounts reclassified from accumulated other comprehensive loss to:
Amount reclassified from accumulated other comprehensive loss to income		111
Other Comprehensive Loss	2,026	-663
Net current-period Other comprehensive loss attributable to noncontrolling interests	0	0
Ending balance	3,178	-882
Gains and Losses on Derivative Instruments | Interest expense
Amounts reclassified from accumulated other comprehensive loss to:
Amount reclassified from accumulated other comprehensive loss to income	300
Gains and Losses on Derivative Instruments | Other income and (expense)
Amounts reclassified from accumulated other comprehensive loss to:
Amount reclassified from accumulated other comprehensive loss to income	-256
Foreign Currency Translation Adjustments
Reconciliation Of Accumulated Comprehensive Income
Beginning balance	-22,093	125
Other comprehensive loss before reclassifications	-33,629	-285
Amounts reclassified from accumulated other comprehensive loss to:
Amount reclassified from accumulated other comprehensive loss to income		0
Other Comprehensive Loss	-33,629	-285
Net current-period Other comprehensive loss attributable to noncontrolling interests	-6,068	324
Ending balance	-49,654	164
Foreign Currency Translation Adjustments | Interest expense
Amounts reclassified from accumulated other comprehensive loss to:
Amount reclassified from accumulated other comprehensive loss to income	0
Foreign Currency Translation Adjustments | Other income and (expense)
Amounts reclassified from accumulated other comprehensive loss to:
Amount reclassified from accumulated other comprehensive loss to income	$0

Subsequent_Events_Narrative_De

Subsequent Events (Narrative) (Details) (USD $)	3 Months Ended	36001 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	15-May-15	Dec. 31, 2014	15-May-15
				property
Subsequent Event
Number of properties	49
Non-recourse debt	$578,973		$430,462
Self Storage
Subsequent Event
Investment purchase price	45,400
Non-recourse debt	14,500		14,500
Subsequent Event
Subsequent Event
Number of properties				14
Investment purchase price		174,800
Non-recourse debt				48,100
Subsequent Event | Self Storage
Subsequent Event
Number of properties				11
Subsequent Event | Built To Suit
Subsequent Event
Number of properties				2
Subsequent Event | Built To Suit | Marriott Hotel in Munich, Germany
Subsequent Event
Investment purchase price		$79,900
Subsequent Event | Office Building
Subsequent Event
Number of properties				1