Cole Office & Industrial REIT 10-K28 Mar 142013 FY Annual reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information (USD $)	10 Months Ended
Document and Entity Information (USD $)	Dec. 31, 2013	Mar. 25, 2014	Jun. 30, 2013
Entity Information [Line Items]	'	'	'
Entity Registrant Name	'Cole Office & Industrial REIT (CCIT II), Inc.	'	'
Entity Central Index Key	'0001572758	'	'
Document Type	'10-K	'	'
Document Period End Date	31-Dec-13	'	'
Amendment Flag	'false	'	'
Document Fiscal Year Focus	'2013	'	'
Document Fiscal Period Focus	'FY	'	'
Current Fiscal Year End Date	'--12-31	'	'
Entity Filer Category	'Non-accelerated Filer	'	'
Entity Common Stock, Shares Outstanding	'	754,000	'
Entity Well-known Seasoned Issuer	'No	'	'
Entity Voluntary Filers	'No	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Public Float	'	'	$0

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Dec. 31, 2013
ASSETS	'
Cash	$137,901
Deferred financing costs	840
Total assets	138,741
LIABILITIES & STOCKHOLDERâ€™S EQUITY	'
Accrued expenses	38,625
Total liabilities	38,625
Commitments and contingencies	'
STOCKHOLDERâ€™S EQUITY:	'
Preferred stock, $0.01 par value; 10,000,000 shares authorized, none issued and outstanding	0
Common stock, $0.01 par value; 490,000,000 shares authorized, 20,000 shares issued and outstanding	200
Capital in excess of par value	199,800
Accumulated deficit	-99,884
Total stockholderâ€™s equity	100,116
Total liabilities and stockholderâ€™s equity	$138,741

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2013
Statement of Financial Position [Abstract]	'
Preferred stock, par value	$0.01
Preferred stock, shares authorized	10,000,000
Preferred stock, shares issued	0
Preferred stock, shares outstanding	0
Common stock, par value	$0.01
Common stock, shares authorized (in shares)	490,000,000
Common stock, shares issued (in shares)	20,000
Common stock, shares outstanding	20,000

Consolidated_Statement_of_Oper

Consolidated Statement of Operations (USD $)	10 Months Ended
Consolidated Statement of Operations (USD $)	Dec. 31, 2013
Expenses:	'
General and administrative expenses	$99,884
Net loss	($99,884)
Weighted average number of common shares outstanding:	'
Basic and diluted (in shares)	18,576
Net loss per common share:	'
Basic and diluted (in dollars per share)	($5.38)

Consolidated_Statements_of_Sto

Consolidated Statements of Stockholder's Equity (USD $)	Total	Common Stock	Capital in Excess of Par Value	Accumulated Deficit
Balance at Feb. 26, 2013	$0	$0	$0	$0
Balance, shares at Feb. 26, 2013	'	0	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'
Issuance of common stock to CREInvestments, LLC, shares	'	20,000	'	'
Issuance of common stock to CREInvestments, LLC	200,000	200	199,800	'
Net loss	-99,884	'	'	-99,884
Balance at Dec. 31, 2013	$100,116	$200	$199,800	($99,884)
Balance, shares at Dec. 31, 2013	20,000	20,000	'	'

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	10 Months Ended
Consolidated Statements of Cash Flows (USD $)	Dec. 31, 2013
Cash flows from operating activities:	'
Net loss	($99,884)
Changes in assets and liabilities:	'
Accrued expenses	38,625
Net cash used in operating activities	-61,259
Cash flows from financing activities:	'
Proceeds from issuance of common stock	200,000
Deferred financing costs paid	-840
Net cash provided by financing activities	199,160
Net increase in cash and cash equivalents	137,901
Cash and cash equivalents, beginning of period	0
Cash and cash equivalents, end of period	$137,901

Organization_and_Business

Organization and Business	10 Months Ended
Organization and Business	Dec. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
ORGANIZATION AND BUSINESS	'
	ORGANIZATION AND BUSINESS
	Cole Office & Industrial REIT (CCIT II), Inc. (the “Company”) was formed on February 26, 2013 and is a Maryland corporation that intends to qualify as a real estate investment trust (“REIT”) for federal income tax purposes. The Company is the sole general partner of, and owns, directly or indirectly, 100% of the partnership interest in Cole Corporate Income Operating Partnership II, LP, a Delaware limited partnership (“CCI II OP”). The Company is externally managed by Cole Corporate Income Advisors II, LLC, a Delaware limited liability company (“CCI II Advisors”), which was, prior to the ARCP Merger (as defined below), indirectly owned by Cole Real Estate Investments, Inc. (NYSE: COLE) (“Cole”, formerly known as Cole Credit Property Trust III, Inc.) as a result of Cole acquiring Cole Holdings Corporation (“CHC”) on April 5, 2013 pursuant to a transaction whereby CHC merged with and into CREInvestments, LLC (“CREI”), a wholly-owned subsidiary of Cole. On February 7, 2014, American Realty Capital Properties, Inc. (“ARCP”) acquired Cole pursuant to a transaction whereby Cole merged with and into Clark Acquisition, LLC, a wholly owned subsidiary of ARCP (“Merger Sub”), with Merger Sub surviving as a wholly owned subsidiary of ARCP (the “ARCP Merger”). ARCP is a self-managed publicly traded Maryland corporation listed on The NASDAQ Global Select Market, focused on acquiring and owning single tenant freestanding commercial properties subject to net leases with high credit quality tenants. As a result of the ARCP Merger, ARCP indirectly owns and/or controls the Company’s external advisor, CCI II Advisors, the Company’s dealer manager, Cole Capital Corporation (“CCC”), the Company’s property manager, CREI Advisors, LLC (“CREI Advisors”), and the Company’s sponsor, Cole Capital™, as discussed in Note 8.
	On September 17, 2013, pursuant to a Registration Statement on Form S-11 filed with the Securities and Exchange Commission (the “SEC”) under the Securities Act of 1933, as amended (the “Securities Act”) (Registration No. 333-187470), the Company commenced its initial public offering on a “best efforts” basis of up to a maximum of 250.0 million shares of its common stock at a price of $10.00 per share, and up to 50.0 million additional shares pursuant to a distribution reinvestment plan (the “DRIP”) under which its stockholders may elect to have distributions reinvested in additional shares at a price of $9.50 per share (the “Offering”). The Company intends to use substantially all of the net proceeds from the Offering to acquire and operate a diversified portfolio of commercial real estate investments primarily consisting of single-tenant, income-producing necessity office and industrial properties, which are leased to creditworthy tenants under long-term leases, including distribution facilities, warehouses, manufacturing plants and corporate or regional headquarters in strategic locations. The Company expects that most of its properties will be subject to “net” leases, whereby the tenant will be primarily responsible for the property’s cost of repairs, maintenance, property taxes, utilities, insurance and other operating costs. As of December 31, 2013, the Company had not acquired any properties.
	Pursuant to the terms of the Offering, the Company was required to deposit all subscription proceeds in an escrow account in accordance with the terms of an escrow agreement with UMB Bank, N.A. (the “Escrow Agreement”) until the Company received subscriptions aggregating at least $2.5 million. As of December 31, 2013, the Company had not received any investor subscription proceeds.
	Subsequent to December 31, 2013, the Company satisfied certain conditions of the Escrow Agreement and, on January 13, 2014, the Company issued approximately 275,000 shares of common stock to CREI in the Offering, resulting in gross proceeds of $2.5 million, and commenced principal operations. On February 7, 2014, the ownership of such shares was transferred to ARC Properties Operating Partnership, L.P. (“ARCP OP”). In addition, the Company has special escrow provisions for residents of Pennsylvania and Washington, which have not been satisfied as of March 25, 2014, and therefore, the Company has not accepted subscriptions from residents of Pennsylvania and Washington.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	10 Months Ended
	Dec. 31, 2013
Accounting Policies [Abstract]	'
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	The summary of significant accounting policies presented below is designed to assist in understanding the Company’s consolidated financial statements. These accounting policies conform to accounting principles generally accepted in the United States of America (“GAAP”) in all material respects, and have been consistently applied in preparing the accompanying consolidated financial statements.
	Principles of Consolidation and Basis of Presentation
	The Company and its wholly owned subsidiaries had not commenced principal operations as of December 31, 2013. The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.
	Use of Estimates
	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
	Investment in and Valuation of Real Estate Assets
	Real estate assets will be stated at cost, less accumulated depreciation and amortization. Amounts capitalized to real estate assets will consist of the cost of acquisition, excluding acquisition related expenses, construction and any tenant improvements, major improvements and betterments that extend the useful life of the real estate assets and leasing costs. All repairs and maintenance will be expensed as incurred.
	The Company will be required to make subjective assessments as to the useful lives of its depreciable assets. The Company will consider the period of future benefit of each respective asset to determine the appropriate useful life of the assets. Real estate assets, other than land, will be depreciated or amortized on a straight-line basis. The estimated useful lives of the Company’s real estate assets by class will generally be as follows:



	Buildings	40 years
	Tenant improvements	Lesser of useful life or lease term
	Intangible lease assets	Lease term
	The Company will continually monitor events and changes in circumstances that could indicate that the carrying amounts of its real estate and related assets may not be recoverable. Impairment indicators that the Company will consider include, but are not limited to, bankruptcy or other credit concerns of a property’s major tenant, such as a history of late payments, rental concessions and other factors, a significant decrease in a property’s revenues due to lease terminations, vacancies, co-tenancy clauses, reduced lease rates, or other circumstances. When indicators of potential impairment are present, the Company will assess the recoverability of the assets by determining whether the carrying amount of the assets will be recovered through the undiscounted future cash flows expected from the use of the assets and their eventual disposition. In the event that such expected undiscounted future cash flows do not exceed the carrying amount, the Company will adjust the real estate assets to their respective fair values and recognize an impairment loss. Generally, fair value will be determined using a discounted cash flow analysis and recent comparable sales transactions.
	When developing estimates of expected future cash flows, the Company will make certain assumptions regarding future market rental income amounts subsequent to the expiration of lease agreements, property operating expenses, terminal capitalization and discount rates, the expected number of months it takes to re-lease a property, required tenant improvements and the number of years the property will be held for investment. The use of alternative assumptions in estimating expected future cash flows could result in a different determination of the property’s expected future cash flows and a different conclusion regarding the existence of an impairment, the extent of such loss, if any, as well as the fair value of the Company’s real estate assets.
	When a real estate asset is identified by the Company as held for sale, the Company will cease depreciation and amortization of the assets related to the property and estimate the fair value, net of selling costs. If, in management’s opinion, the fair value, net of selling costs, of the asset is less than the carrying amount of the asset, an adjustment to the carrying amount would be recorded to reflect the estimated fair value of the property, net of selling costs.
	Allocation of Purchase Price of Real Estate Assets
	Upon the acquisition of real properties, the Company will allocate the purchase price of such properties to acquired tangible assets, consisting of land, buildings, improvements, and identified intangible assets and liabilities, consisting of the value of above market and below market leases and the value of in-place leases, based in each case on their respective fair values. Acquisition related expenses will be expensed as incurred. The Company will utilize independent appraisals to assist in the determination of the fair values of the tangible assets of an acquired property (which includes land and building). The Company will obtain an independent appraisal for each real property acquisition. The information in the appraisal, along with any additional information available to the Company’s management, will be used in estimating the amount of the purchase price that is allocated to land. Other information in the appraisal, such as building value and market rents, may be used by the Company’s management in estimating the allocation of purchase price to the building and to intangible lease assets and liabilities. The appraisal firm will have no involvement in management’s allocation decisions other than providing this market information.
	The fair values of above market and below market leases will be recorded based on the present value (using a discount rate which reflects the risks associated with the leases acquired) of the difference between (1) the contractual amounts to be paid pursuant to the in-place leases and (2) an estimate of fair market lease rates for the corresponding in-place leases, which will generally be obtained from independent appraisals, measured over a period equal to the remaining non-cancelable term of the lease including any bargain renewal periods, with respect to a below market lease. The above market and below market lease values will be capitalized as intangible lease assets or liabilities, respectively. Above market lease values will be amortized as a reduction to rental income over the remaining terms of the respective leases. Below market lease values will be amortized as an increase to rental income over the remaining terms of the respective leases, including any bargain renewal periods. In considering whether or not the Company will expect a tenant to execute a bargain renewal option, the Company will evaluate economic factors and certain qualitative factors at the time of acquisition, such as the financial strength of the tenant, remaining lease term, the tenant mix of the leased property, the Company’s relationship with the tenant and the availability of competing tenant space. If a lease were to be terminated prior to its stated expiration, all unamortized amounts of above market or below market lease values relating to that lease would be recorded as an adjustment to rental income.
	The fair values of in-place leases will include estimates of direct costs associated with obtaining a new tenant and opportunity costs associated with lost rental and other property income, which are avoided by acquiring a property with an in-place lease. Direct costs associated with obtaining a new tenant include commissions and other direct costs and are estimated in part by utilizing information obtained from independent appraisals and management’s consideration of current market costs to execute a similar lease. The intangible values of opportunity costs will be calculated using the contractual amounts to be paid pursuant to the in-place leases over a market absorption period for a similar lease. These intangibles will be included in intangible lease assets in the Company’s consolidated balance sheet and will be amortized to expense over the lesser of the useful life or the remaining term of the respective leases. If a lease were to be terminated prior to its stated expiration, all unamortized amounts of in-place lease assets relating to that lease would be expensed.
	The Company will estimate the fair value of assumed mortgage notes payable based upon indications of current market pricing for similar types of debt financing with similar maturities. Assumed mortgage notes payable will initially be recorded at their estimated fair value as of the assumption date, and any difference between such estimated fair value and the mortgage note’s outstanding principal balance will be amortized to interest expense over the term of the respective mortgage note payable.
	The determination of the fair values of the real estate assets and liabilities acquired will require the use of significant assumptions with regard to the current market rental rates, rental growth rates, capitalization and discount rates, interest rates and other variables. The use of alternative estimates may result in a different allocation of the Company’s purchase price, which could impact the Company’s results of operations.
	Deferred Financing Costs
	Deferred financing costs are capitalized and will be amortized on a straight-line basis over the term of the related financing agreement, which approximates the effective interest method. If a note payable is prepaid, any unamortized deferred financing costs related to the note payable would be expensed. There was no amortization of deferred financing costs during the period from February 26, 2013 to December 31, 2013, as the related financing agreement had not yet been executed.
	Offering and Related Costs
	CCI II Advisors funds all of the organization and offering costs on the Company’s behalf (excluding selling commissions and dealer manager fees) and may be reimbursed for such costs up to 2.0% of gross proceeds from the Offering. As of December 31, 2013, these costs were not included in the financial statements of the Company because such costs were not a liability of the Company until the subscriptions for the minimum subscription proceeds were received and accepted by the Company. When recorded by the Company, these offering costs, which include items such as legal and accounting fees, marketing and personnel, promotional and printing costs, will be recorded as a reduction of capital in excess of par value in the period in which they become payable.
	Stockholder’s Equity
	As of December 31, 2013, the Company was authorized to issue 490.0 million shares of common stock and 10.0 million shares of preferred stock. All shares of such stock have a par value of $0.01 per share. On March 20, 2013, the Company sold 20,000 shares of common stock, at $10.00 per share, to a predecessor of CREI. The Company’s board of directors may amend the charter to authorize the issuance of additional shares of capital stock without obtaining shareholder approval. The par value of investor proceeds raised from the Offering will be classified as common stock, with the remainder allocated to capital in excess of par value. See Note 8 for an explanation of the status of the Offering.
	Distributions Payable and Distribution Policy
	To the extent funds are available, the Company intends to pay regular distributions to stockholders. Distributions are paid to stockholders of record as of the applicable record dates.
	The Company’s board of directors authorized a daily distribution, based on 365 days in the calendar year, of $0.001643836 per share, assuming a $10.00 per share purchase price, for stockholders of record as of the close of business on each day of the period commencing on January 14, 2014 and ending on March 31, 2014. In addition, the Company’s board of directors authorized a daily distribution, based on 365 days in the calendar year, of $0.0017260274 per share, assuming a $10.00 per share purchase price, for stockholders of record as of the close of business on each day of the period commencing on April 1, 2014 and ending on June 30, 2014. As of December 31, 2013, the Company had no distributions payable as the Company had yet to commence its principal operations.
	Redeemable Common Stock
	Under the Company’s share redemption program, the Company’s requirement to redeem its shares is limited, among other things, to the net proceeds received by the Company from the sale of shares under the DRIP, net of shares redeemed to date. The Company will record amounts that are redeemable under the share redemption program as redeemable common stock outside of permanent equity in its consolidated balance sheets. As of December 31, 2013, the Company’s stockholder was not eligible to request the redemption of its shares as it had not held its shares for at least one year, and further, it is prohibited from redeeming the 20,000 shares representing the initial investment in the Company pursuant to the Company’s charter.
	Revenue Recognition
	Upon the acquisition of real estate assets, the Company expects certain properties will have leases where minimum rental payments increase during the term of the lease. The Company will record rental income for the full term of each lease on a straight-line basis. When the Company acquires a property, the terms of existing leases are considered to commence as of the acquisition date for the purpose of this calculation. The Company will defer the recognition of contingent rental income, such as percentage rents, until the specific target that triggers the contingent rental income is achieved. Expected reimbursements from tenants for recoverable real estate taxes and operating expenses will be included in tenant reimbursement income in the period when such costs are incurred.
	Income Taxes
	The Company intends to qualify and make an election to be taxed as a REIT for federal income tax purposes under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended, beginning with the taxable year ending December 31, 2014. If the Company qualifies for taxation as a REIT, the Company generally will not be subject to federal corporate income tax to the extent it distributes its taxable income to its stockholders, and so long as it distributes at least 90% of its annual taxable income (computed without regard to the dividends paid deduction and excluding net capital gains). REITs are subject to a number of other organizational and operational requirements. Even if the Company qualifies for taxation as a REIT, it may be subject to certain state and local taxes on its income and property, and federal income and excise taxes on its undistributed income.
	Earnings (Loss) Per Share
	Earnings (loss) per share are calculated based on the weighted average number of common shares outstanding during each period presented. Diluted loss per share considers the effect of any potentially dilutive share equivalents, of which the Company had none for the period from February 26, 2013 to December 31, 2013.

Commitments_and_Contingencies

Commitments and Contingencies	10 Months Ended
Commitments and Contingencies	Dec. 31, 2013
Commitments and Contingencies Disclosure [Abstract]	'
COMMITMENTS AND CONTINGENCIES	'
	COMMITMENTS AND CONTINGENCIES
	Litigation
	In the ordinary course of business, the Company may become subject to litigation or claims. The Company is not aware of any pending legal proceedings of which the outcome is reasonably possible to have a material effect on its results of operations, financial condition or liquidity.
	Environmental Matters
	In connection with the ownership and operation of real estate, the Company potentially may be liable for costs and damages related to environmental matters. In addition, the Company may acquire certain properties that are subject to environmental remediation. The Company intends to carry environmental liability insurance on its properties that will provide limited coverage for remediation liability and pollution liability for third-party bodily injury and property damage claims. The Company is not aware of any environmental matters which it believes are reasonably possible to have a material effect on its results of operations, financial condition or liquidity.

RelatedParty_Transactions_and_

Related-Party Transactions and Arrangements	10 Months Ended
Related-Party Transactions and Arrangements	Dec. 31, 2013
Related Party Transactions [Abstract]	'
RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS	'
	RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS
	Certain affiliates of the Company will receive fees and compensation in connection with the Offering, and the acquisition, management and disposition of the assets of the Company; however there were no transactions which resulted in related party fees or expenses being incurred by the Company during the period from February 26, 2013 to December 31, 2013.
	Offering
	In connection with the Offering, CCC, the Company’s dealer manager, will receive a commission of up to 7.0% of gross offering proceeds before reallowance of commissions earned by participating broker-dealers. CCC intends to reallow 100% of commissions earned to participating broker-dealers. In addition, up to 2.0% of gross offering proceeds before reallowance to participating broker-dealers will be paid to CCC as a dealer manager fee. CCC, in its sole discretion, may reallow all or a portion of its dealer manager fee to such participating broker-dealers. No selling commissions or dealer manager fees are paid to CCC or other broker-dealers with respect to shares sold pursuant to the DRIP.
	All organization and offering expenses (excluding selling commissions and the dealer manager fees) are paid by CCI II Advisors or its affiliates and can be reimbursed by the Company up to 2.0% of aggregate gross offering proceeds. A portion of the other organization and offering expenses may be underwriting compensation. As of December 31, 2013, CCI II Advisors had paid organization and offering costs in connection with the Offering; however, these costs were not included in the financial statements of the Company because such costs were not a liability of the Company as subscriptions for the minimum subscription proceeds had not been received and accepted by the Company as of December 31, 2013. These costs may become payable as the Company raises proceeds in the Offering.
	Acquisitions and Operations
	CCI II Advisors, or its affiliates, will receive acquisition fees of up to 2.0% of: (1) the contract purchase price of each property or asset the Company acquires; (2) the amount paid in respect of the development, construction or improvement of each asset the Company acquires; (3) the purchase price of any loan the Company acquires; and (4) the principal amount of any loan the Company originates. In addition, the Company will reimburse CCI II Advisors or its affiliates for acquisition related expenses incurred in the process of acquiring a property or the origination or acquisition of a loan, so long as the total acquisition fees and expenses relating to the transaction do not exceed 6.0% of the contract purchase price.
	The Company will pay CCI II Advisors a monthly advisory fee based upon the Company’s monthly average invested assets, which is equal to the following amounts: (1) an annualized rate of 0.75% will be paid on the Company’s average invested assets that are between $0 to $2.0 billion; (2) an annualized rate of 0.70% will be paid on the Company’s average invested assets that are between $2 billion and $4.0 billion; and (3) an annualized rate of 0.65% will be paid on the Company’s average invested assets that are over $4.0 billion.
	The Company will reimburse CCI II Advisors for the operating expenses it paid or incurred in connection with the services provided to the Company, subject to the limitation that the Company will not reimburse for any amount by which its operating expenses (including the advisory fee) at the end of the four preceding fiscal quarters exceeds the greater of (1) 2.0% of average invested assets, or (2) 25.0% of net income other than any additions to reserves for depreciation, bad debts or other similar non-cash reserves and excluding any gain from the sale of assets for that period. The Company will not reimburse CCI II Advisors for personnel costs in connection with the services for which CCI II Advisors receives acquisition or disposition fees.
	Liquidation/Listing
	If CCI II Advisors or its affiliates provide a substantial amount of services (as determined by a majority of the Company’s independent directors) in connection with the sale of one or more properties, the Company will pay CCI II Advisors or its affiliates a disposition fee in an amount equal to up to one-half of the brokerage commission paid on the sale of the property, not to exceed 1.0% of the contract price of each property sold; provided, however, in no event may the disposition fee paid to CCI II Advisors or its affiliates, when added to the real estate commissions paid to unaffiliated third parties, exceed the lesser of the customary competitive real estate commission or an amount equal to 6.0% of the contract sales price. In addition, if CCI II Advisors or its affiliates provides a substantial amount of services (as determined by a majority of the Company’s independent directors) in connection with the sale of one or more assets other than properties, the Company may separately compensate CCI II Advisors at such rates and in such amounts as the Company’s board of directors, including a majority of the Company’s independent directors, and CCI II Advisors agree upon, not to exceed an amount equal to 1.0% of the contract price of the asset sold.
	If the Company is sold or its assets are liquidated, CCI II Advisors will be entitled to receive a subordinated performance fee equal to 15.0% of the net sale proceeds remaining after investors have received a return of their net capital invested and an 8.0% annual cumulative, non-compounded return. Alternatively, if the Company’s shares are listed on a national securities exchange, CCI II Advisors will be entitled to a subordinated performance fee equal to 15.0% of the amount by which the market value of the Company’s outstanding stock plus all distributions paid by the Company prior to listing exceeds the sum of the total amount of capital raised from investors and the amount of distributions necessary to generate an 8.0% annual cumulative, non-compounded return to investors. As an additional alternative, upon termination of the advisory agreement, CCI II Advisors may be entitled to a subordinated performance fee similar to the fee to which it would have been entitled had the portfolio been liquidated (based on an independent appraised value of the portfolio) on the date of termination.

Economic_Dependency

Economic Dependency	10 Months Ended
Economic Dependency	Dec. 31, 2013
Economic Dependency [Abstract]	'
ECONOMIC DEPENDENCY	'
	ECONOMIC DEPENDENCY
	Under various agreements, the Company has engaged or will engage CCI II Advisors and its affiliates to provide certain services that are essential to the Company, including asset management services, supervision of the management and leasing of properties owned by the Company, asset acquisition and disposition decisions, the sale of shares of the Company’s common stock available for issuance, as well as other administrative responsibilities for the Company including accounting services and investor relations. As a result of these relationships, the Company is dependent upon CCI II Advisors and its affiliates. In the event that these companies are unable to provide the Company with these services, the Company would be required to find alternative providers of these services.

Stockholders_Equity

Stockholders' Equity	10 Months Ended
Stockholders' Equity	Dec. 31, 2013
Equity [Abstract]	'
STOCKHOLDERS' EQUITY	'
	STOCKHOLDER’S EQUITY
	As of December 31, 2013, the Company was authorized to issue 490.0 million shares of common stock and 10.0 million shares of preferred stock. All shares of such stock have a par value of $0.01 per share. On March 20, 2013, the Company sold 20,000 shares of common stock, at $10.00 per share, to CHC. The ownership of such shares was transfered to Cole pursuant to a transaction whereby CHC merged with and into CREI, a wholly-owned subsidiary of Cole. On February 7, 2014, the ownership of such shares was transferred to ARCP OP. Pursuant to the Company’s charter, ARCP OP is prohibited from selling the 20,000 shares of the common stock that represents the initial investment in the Company for so long as Cole Capital remains the Company’s sponsor; provided, however, that ARCP OP may transfer ownership of all or a portion of these 20,000 shares of the Company’s common stock to other affiliates of the Company’s sponsor. The Company’s board of directors may authorize additional shares of capital stock and amend their terms without obtaining shareholder approval. See Note 8 for a further explanation.
	Distribution Reinvestment Plan
	Pursuant to the DRIP, the Company allows stockholders to elect to have their distributions reinvested in additional shares of the Company’s common stock. The purchase price per share under the DRIP is $9.50 per share. The Company’s board of directors may terminate or amend the DRIP at the Company’s discretion at any time upon ten days prior written notice to the stockholders. During the year ended December 31, 2013, no shares were purchased under the DRIP.
	Share Redemption Program
	The Company’s share redemption program permits its stockholders to sell their shares back to the Company after they have held them for at least one year, subject to the significant conditions and limitations described below.
	The share redemption program provides that the Company will redeem shares of its common stock from requesting stockholders, subject to the terms and conditions of the share redemption program. The Company will limit the number of shares redeemed pursuant to the share redemption program as follows: (1) the Company will not redeem in excess of 5% of the weighted average number of shares outstanding during the trailing 12 months prior to the end of the fiscal quarter for which the redemptions are being paid; and (2) funding for the redemption of shares will be limited to the net proceeds the Company receives from the sale of shares under the DRIP. In an effort to accommodate redemption requests throughout the calendar year, the Company intends to limit quarterly redemptions to approximately one-fourth of 5% (1.25%) of the weighted average number of shares outstanding during the trailing 12-month period ending on the last day of the fiscal quarter, and funding for redemptions for each quarter generally will be limited to the net proceeds the Company receives from the sale of shares in the respective quarter under the DRIP.
	During the term of the Offering, and until such time as the board of directors determines a reasonable estimate of the value of the Company’s shares, the redemption price per share (other than for shares purchased pursuant to the DRIP) will depend on the price paid for the shares and the length of time the stockholder has held such shares as follows: after one year from the purchase date, 95% of the amount paid for each share; after two years from the purchase date, 97.5% of the amount paid for each share; and after three years from the purchase date, 100% of the amount paid for each share. During this time period, the redemption price for shares purchased pursuant to the DRIP will be the amount paid for such shares. (In each case, the redemption price will be adjusted for any stock dividends, combinations, splits, recapitalizations and the like with respect to the Company’s common stock). Accordingly, the redemption price will reflect a stockholder’s reduced purchase price if such stockholder received discounted or waived selling commissions and/or a waived dealer manager fee. At any time the Company is engaged in an offering of shares, the per share price for shares purchased under the redemption program will always be equal to or lower than the applicable per share offering price.
	Upon receipt of a request for redemption, the Company may conduct a Uniform Commercial Code search to ensure that no liens are held against the shares. If the Company cannot purchase all shares presented for redemption in any fiscal quarter, based upon insufficient cash available and/or the limit on the number of shares the Company may redeem during any quarter or year, the Company will give priority to the redemption of deceased stockholders’ shares. The Company next will give priority to requests for full redemption of accounts with a balance of 250 shares or less at the time the Company receives the request, in order to reduce the expense of maintaining small accounts. Thereafter, the Company will honor the remaining redemption requests on a pro rata basis. Following such quarterly redemption period, the unsatisfied portion of the prior redemption request must be resubmitted, prior to the last day of the new quarter. Unfulfilled requests for redemption will not be carried over automatically to subsequent redemption periods.
	The Company redeems shares no later than the end of the month following the end of each fiscal quarter. Requests for redemption must be received on or prior to the end of the fiscal quarter in order for the Company to repurchase the shares in the month following the end of that fiscal quarter. The Company’s board of directors may amend, suspend or terminate the share redemption program at any time upon 30 days notice to the stockholders. During the year ended December 31, 2013, the Company did not redeem any shares under the share redemption program.

Quarterly_Results_Unaudited

Quarterly Results (Unaudited)	10 Months Ended
	Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]	'
QUARTERLY RESULTS (UNAUDITED)	'
	QUARTERLY RESULTS (UNAUDITED)
	Presented below is a summary of the unaudited quarterly financial information for the year ended December 31, 2013. In the opinion of management, the information for the interim period presented includes all adjustments, which are of a normal and recurring nature, necessary to present a fair presentation of the results for each period.


		December 31, 2013
		First Quarter		Second Quarter		Third Quarter			Fourth Quarter
	Revenues	$	—	$	—	$	—		$	—

	Operating loss	$	—	$	—	$	(18,417	)	$	(81,467	)

	Net loss	$	—	$	—	$	(18,417	)	$	(81,467	)

	Basic and diluted net loss per common share (1)	$	—	$	—	$	(0.99	)	$	(4.39	)

	Distributions declared per common share	$	—	$	—	$	—		$	—


	(1) Based on the weighted average number of shares outstanding as of December 31, 2013.

Subsequent_Events

Subsequent Events	10 Months Ended
Subsequent Events	Dec. 31, 2013
Subsequent Events [Abstract]	'
SUBSEQUENT EVENTS	'
	SUBSEQUENT EVENTS
	ARCP Merger
	On February 7, 2014, ARCP acquired Cole pursuant to a transaction whereby Cole merged with and into Merger Sub, with Merger Sub surviving as a wholly owned subsidiary of ARCP. ARCP is a self-managed publicly traded Maryland corporation listed on The NASDAQ Global Select Market, focused on acquiring and owning single tenant freestanding commercial properties subject to net leases with high credit quality tenants. As a result of the ARCP Merger, ARCP indirectly owns and/or controls the Company’s external advisor, CCI II Advisors, the Company’s dealer manager, CCC, the Company’s property manager, CREI Advisors, and the Company’s sponsor, Cole Capital. Despite the indirect change of control that occurred for the Company’s advisor, dealer manager, property manager and sponsor as a result of the consummation of the ARCP Merger, such entities are expected to continue to serve in their respective capacities to the Company.
	In connection with the ARCP Merger, Christopher H. Cole voluntarily resigned as a member of the board of directors and stepped down from his roles as the chairman, president and chief executive officer of the Company, effective as of February 7, 2014. This resignation was not a result of any disagreements with the Company on any matter relating to the Company’s operations, policies or practices. In connection with such resignation, the board of directors appointed Nicholas S. Schorsch as a director, chairman, president and chief executive officer of the Company effective as of February 7, 2014.
	Status of the Offering
	Subsequent to December 31, 2013, the Company satisfied certain conditions of the Escrow Agreement and, on January 13, 2014, the Company issued approximately 275,000 shares of common stock to CREI in the Offering, resulting in gross proceeds of $2.5 million to the Company. Upon satisfaction of certain conditions of the Escrow Agreement, the Company commenced its principal operations. On February 7, 2014, the ownership of such shares was transferred to ARCP OP.
	As of March 25, 2014, the Company had received $7.3 million in gross offering proceeds through the issuance of approximately 754,000 shares of its common stock in the Offering.
	Credit Facility
	Subsequent to December 31, 2013, CCI II OP entered into a secured credit agreement (the “Credit Agreement”) with JPMorgan Chase Bank, N.A. (“JPMorgan Chase”) as administrative agent, which provides for up to $100.0 million in available borrowings (the “Credit Facility”). Additionally, CCI II OP entered into a $10.0 million subordinate revolving line of credit with Series C, LLC, an affiliate of the Company’s advisor (the “Series C Loan”).
	The Credit Facility will bear interest at rates depending upon the type of loan specified by CCI II OP. For a eurodollar rate loan, as defined in the Credit Agreement, the interest rate will be equal to the one-month, two-month, three-month or six-month LIBOR for the interest period, as elected by CCI II OP, multiplied by the Statutory Reserve Rate (as defined in the Credit Agreement), plus the applicable rate (the “Eurodollar Applicable Rate”). The Eurodollar Applicable Rate is based upon the overall leverage ratio, generally defined in the Credit Agreement as the total consolidated outstanding indebtedness of the Company divided by the total consolidated asset value of the Company (the “Leverage Ratio”), and ranges from 1.90% at a Leverage Ratio of 50.0% or less to 2.75% at a Leverage Ratio greater than 65.0%. For base rate committed loans, the interest rate will be a per annum amount equal to the greater of (1) JPMorgan Chase’s Prime Rate; (2) the Federal Funds Effective Rate (as defined in the Credit Agreement) plus 0.50%; or (3) one-month LIBOR multiplied by the Statutory Reserve Rate (as defined in the Credit Agreement) plus 1.0% plus the applicable rate (the “Base Rate Applicable Rate”). The Base Rate Applicable Rate is based upon the Leverage Ratio, and ranges from 0.90% at a Leverage Ratio of 50.0% or less to 1.75% at a Leverage Ratio greater than 65.0%. The Series C Loan bears interest at a rate per annum equal to the one-month LIBOR plus 2.20% with accrued interest payable monthly in arrears.
	The Credit Facility matures on January 13, 2017; however, CCI II OP may elect to extend the maturity date to January 13, 2019 subject to satisfying certain conditions described in the Credit Agreement. The Series C Loan matures on January 13, 2015. As of March 25, 2014, CCI II OP had $16.8 million outstanding under the Credit Facility and $2.9 million under the Series C Loan. Based on the underlying collateral pool, no amounts were available under the Credit Facility and approximately $7.1 million was available for borrowing under the Series C Loan as of March 25, 2014.
	Investment in Real Estate Assets
	Subsequent to December 31, 2013, the Company, through CCI II OP, acquired one property, consisting of approximately 84,000 gross rentable square feet of corporate office space for a purchase price of $24.0 million. The acquisition was funded through the use of proceeds from the Offering and proceeds from the Credit Facility and the Series C Loan. Acquisition related expenses totaling $480,000 were expensed as incurred.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	10 Months Ended
	Dec. 31, 2013
Accounting Policies [Abstract]	'
Basis of presentation	'
	The summary of significant accounting policies presented below is designed to assist in understanding the Company’s consolidated financial statements. These accounting policies conform to accounting principles generally accepted in the United States of America (“GAAP”) in all material respects, and have been consistently applied in preparing the accompanying consolidated financial statements.
Principles of consolidation	'
	Principles of Consolidation and Basis of Presentation
	The Company and its wholly owned subsidiaries had not commenced principal operations as of December 31, 2013. The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.
Use of estimates	'
	Use of Estimates
	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Investment in and valuation of real estate assets	'
	Investment in and Valuation of Real Estate Assets
	Real estate assets will be stated at cost, less accumulated depreciation and amortization. Amounts capitalized to real estate assets will consist of the cost of acquisition, excluding acquisition related expenses, construction and any tenant improvements, major improvements and betterments that extend the useful life of the real estate assets and leasing costs. All repairs and maintenance will be expensed as incurred.
	The Company will be required to make subjective assessments as to the useful lives of its depreciable assets. The Company will consider the period of future benefit of each respective asset to determine the appropriate useful life of the assets. Real estate assets, other than land, will be depreciated or amortized on a straight-line basis. The estimated useful lives of the Company’s real estate assets by class will generally be as follows:



	Buildings	40 years
	Tenant improvements	Lesser of useful life or lease term
	Intangible lease assets	Lease term
	The Company will continually monitor events and changes in circumstances that could indicate that the carrying amounts of its real estate and related assets may not be recoverable. Impairment indicators that the Company will consider include, but are not limited to, bankruptcy or other credit concerns of a property’s major tenant, such as a history of late payments, rental concessions and other factors, a significant decrease in a property’s revenues due to lease terminations, vacancies, co-tenancy clauses, reduced lease rates, or other circumstances. When indicators of potential impairment are present, the Company will assess the recoverability of the assets by determining whether the carrying amount of the assets will be recovered through the undiscounted future cash flows expected from the use of the assets and their eventual disposition. In the event that such expected undiscounted future cash flows do not exceed the carrying amount, the Company will adjust the real estate assets to their respective fair values and recognize an impairment loss. Generally, fair value will be determined using a discounted cash flow analysis and recent comparable sales transactions.
	When developing estimates of expected future cash flows, the Company will make certain assumptions regarding future market rental income amounts subsequent to the expiration of lease agreements, property operating expenses, terminal capitalization and discount rates, the expected number of months it takes to re-lease a property, required tenant improvements and the number of years the property will be held for investment. The use of alternative assumptions in estimating expected future cash flows could result in a different determination of the property’s expected future cash flows and a different conclusion regarding the existence of an impairment, the extent of such loss, if any, as well as the fair value of the Company’s real estate assets.
	When a real estate asset is identified by the Company as held for sale, the Company will cease depreciation and amortization of the assets related to the property and estimate the fair value, net of selling costs. If, in management’s opinion, the fair value, net of selling costs, of the asset is less than the carrying amount of the asset, an adjustment to the carrying amount would be recorded to reflect the estimated fair value of the property, net of selling costs.
Allocation of purchase price of real estate assets	'
	Allocation of Purchase Price of Real Estate Assets
	Upon the acquisition of real properties, the Company will allocate the purchase price of such properties to acquired tangible assets, consisting of land, buildings, improvements, and identified intangible assets and liabilities, consisting of the value of above market and below market leases and the value of in-place leases, based in each case on their respective fair values. Acquisition related expenses will be expensed as incurred. The Company will utilize independent appraisals to assist in the determination of the fair values of the tangible assets of an acquired property (which includes land and building). The Company will obtain an independent appraisal for each real property acquisition. The information in the appraisal, along with any additional information available to the Company’s management, will be used in estimating the amount of the purchase price that is allocated to land. Other information in the appraisal, such as building value and market rents, may be used by the Company’s management in estimating the allocation of purchase price to the building and to intangible lease assets and liabilities. The appraisal firm will have no involvement in management’s allocation decisions other than providing this market information.
	The fair values of above market and below market leases will be recorded based on the present value (using a discount rate which reflects the risks associated with the leases acquired) of the difference between (1) the contractual amounts to be paid pursuant to the in-place leases and (2) an estimate of fair market lease rates for the corresponding in-place leases, which will generally be obtained from independent appraisals, measured over a period equal to the remaining non-cancelable term of the lease including any bargain renewal periods, with respect to a below market lease. The above market and below market lease values will be capitalized as intangible lease assets or liabilities, respectively. Above market lease values will be amortized as a reduction to rental income over the remaining terms of the respective leases. Below market lease values will be amortized as an increase to rental income over the remaining terms of the respective leases, including any bargain renewal periods. In considering whether or not the Company will expect a tenant to execute a bargain renewal option, the Company will evaluate economic factors and certain qualitative factors at the time of acquisition, such as the financial strength of the tenant, remaining lease term, the tenant mix of the leased property, the Company’s relationship with the tenant and the availability of competing tenant space. If a lease were to be terminated prior to its stated expiration, all unamortized amounts of above market or below market lease values relating to that lease would be recorded as an adjustment to rental income.
	The fair values of in-place leases will include estimates of direct costs associated with obtaining a new tenant and opportunity costs associated with lost rental and other property income, which are avoided by acquiring a property with an in-place lease. Direct costs associated with obtaining a new tenant include commissions and other direct costs and are estimated in part by utilizing information obtained from independent appraisals and management’s consideration of current market costs to execute a similar lease. The intangible values of opportunity costs will be calculated using the contractual amounts to be paid pursuant to the in-place leases over a market absorption period for a similar lease. These intangibles will be included in intangible lease assets in the Company’s consolidated balance sheet and will be amortized to expense over the lesser of the useful life or the remaining term of the respective leases. If a lease were to be terminated prior to its stated expiration, all unamortized amounts of in-place lease assets relating to that lease would be expensed.
	The Company will estimate the fair value of assumed mortgage notes payable based upon indications of current market pricing for similar types of debt financing with similar maturities. Assumed mortgage notes payable will initially be recorded at their estimated fair value as of the assumption date, and any difference between such estimated fair value and the mortgage note’s outstanding principal balance will be amortized to interest expense over the term of the respective mortgage note payable.
	The determination of the fair values of the real estate assets and liabilities acquired will require the use of significant assumptions with regard to the current market rental rates, rental growth rates, capitalization and discount rates, interest rates and other variables. The use of alternative estimates may result in a different allocation of the Company’s purchase price, which could impact the Company’s results of operations.
Deferred financing costs	'
	Deferred Financing Costs
	Deferred financing costs are capitalized and will be amortized on a straight-line basis over the term of the related financing agreement, which approximates the effective interest method. If a note payable is prepaid, any unamortized deferred financing costs related to the note payable would be expensed. There was no amortization of deferred financing costs during the period from February 26, 2013 to December 31, 2013, as the related financing agreement had not yet been executed.
Offering and related costs	'
	Offering and Related Costs
	CCI II Advisors funds all of the organization and offering costs on the Company’s behalf (excluding selling commissions and dealer manager fees) and may be reimbursed for such costs up to 2.0% of gross proceeds from the Offering. As of December 31, 2013, these costs were not included in the financial statements of the Company because such costs were not a liability of the Company until the subscriptions for the minimum subscription proceeds were received and accepted by the Company. When recorded by the Company, these offering costs, which include items such as legal and accounting fees, marketing and personnel, promotional and printing costs, will be recorded as a reduction of capital in excess of par value in the period in which they become payable.
Stockholder's equity	'
	Stockholder’s Equity
	As of December 31, 2013, the Company was authorized to issue 490.0 million shares of common stock and 10.0 million shares of preferred stock. All shares of such stock have a par value of $0.01 per share. On March 20, 2013, the Company sold 20,000 shares of common stock, at $10.00 per share, to a predecessor of CREI. The Company’s board of directors may amend the charter to authorize the issuance of additional shares of capital stock without obtaining shareholder approval. The par value of investor proceeds raised from the Offering will be classified as common stock, with the remainder allocated to capital in excess of par value. See Note 8 for an explanation of the status of the Offering.
Distributions payable and distribution policy	'
	Distributions Payable and Distribution Policy
	To the extent funds are available, the Company intends to pay regular distributions to stockholders. Distributions are paid to stockholders of record as of the applicable record dates.
	The Company’s board of directors authorized a daily distribution, based on 365 days in the calendar year, of $0.001643836 per share, assuming a $10.00 per share purchase price, for stockholders of record as of the close of business on each day of the period commencing on January 14, 2014 and ending on March 31, 2014. In addition, the Company’s board of directors authorized a daily distribution, based on 365 days in the calendar year, of $0.0017260274 per share, assuming a $10.00 per share purchase price, for stockholders of record as of the close of business on each day of the period commencing on April 1, 2014 and ending on June 30, 2014. As of December 31, 2013, the Company had no distributions payable as the Company had yet to commence its principal operations.
Redeemable common stock	'
	Redeemable Common Stock
	Under the Company’s share redemption program, the Company’s requirement to redeem its shares is limited, among other things, to the net proceeds received by the Company from the sale of shares under the DRIP, net of shares redeemed to date. The Company will record amounts that are redeemable under the share redemption program as redeemable common stock outside of permanent equity in its consolidated balance sheets. As of December 31, 2013, the Company’s stockholder was not eligible to request the redemption of its shares as it had not held its shares for at least one year, and further, it is prohibited from redeeming the 20,000 shares representing the initial investment in the Company pursuant to the Company’s charter.
Revenue recognition	'
	Revenue Recognition
	Upon the acquisition of real estate assets, the Company expects certain properties will have leases where minimum rental payments increase during the term of the lease. The Company will record rental income for the full term of each lease on a straight-line basis. When the Company acquires a property, the terms of existing leases are considered to commence as of the acquisition date for the purpose of this calculation. The Company will defer the recognition of contingent rental income, such as percentage rents, until the specific target that triggers the contingent rental income is achieved. Expected reimbursements from tenants for recoverable real estate taxes and operating expenses will be included in tenant reimbursement income in the period when such costs are incurred.
Income taxes	'
	Income Taxes
	The Company intends to qualify and make an election to be taxed as a REIT for federal income tax purposes under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended, beginning with the taxable year ending December 31, 2014. If the Company qualifies for taxation as a REIT, the Company generally will not be subject to federal corporate income tax to the extent it distributes its taxable income to its stockholders, and so long as it distributes at least 90% of its annual taxable income (computed without regard to the dividends paid deduction and excluding net capital gains). REITs are subject to a number of other organizational and operational requirements. Even if the Company qualifies for taxation as a REIT, it may be subject to certain state and local taxes on its income and property, and federal income and excise taxes on its undistributed income.
Earnings (loss) per share	'
	Earnings (Loss) Per Share
	Earnings (loss) per share are calculated based on the weighted average number of common shares outstanding during each period presented. Diluted loss per share considers the effect of any potentially dilutive share equivalents, of which the Company had none for the period from February 26, 2013 to December 31, 2013.

Summary_of_Significant_Account2

Summary of Significant Accounting Policies Summary of Significant Accounting Policies (Tables)	10 Months Ended
	Dec. 31, 2013
Accounting Policies [Abstract]	'
Investment in and valuation of real estate	'
	The estimated useful lives of the Company’s real estate assets by class will generally be as follows:



	Buildings	40 years
	Tenant improvements	Lesser of useful life or lease term
	Intangible lease assets	Lease term

Quarterly_Results_Unaudited_Ta

Quarterly Results (Unaudited) (Tables)	10 Months Ended
	Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]	'
Schedule of quarterly financial information	'
	In the opinion of management, the information for the interim period presented includes all adjustments, which are of a normal and recurring nature, necessary to present a fair presentation of the results for each period.


		December 31, 2013
		First Quarter		Second Quarter		Third Quarter			Fourth Quarter
	Revenues	$	—	$	—	$	—		$	—

	Operating loss	$	—	$	—	$	(18,417	)	$	(81,467	)

	Net loss	$	—	$	—	$	(18,417	)	$	(81,467	)

	Basic and diluted net loss per common share (1)	$	—	$	—	$	(0.99	)	$	(4.39	)

	Distributions declared per common share	$	—	$	—	$	—		$	—


	(1) Based on the weighted average number of shares outstanding as of December 31, 2013.

Organization_and_Business_Deta

Organization and Business (Details) (USD $)	6 Months Ended	10 Months Ended		0 Months Ended	10 Months Ended		6 Months Ended	0 Months Ended			10 Months Ended
	Mar. 25, 2014	Dec. 31, 2013	Mar. 25, 2014	Mar. 20, 2013	Dec. 31, 2013	Sep. 17, 2013	Mar. 25, 2014	Jan. 13, 2014	Sep. 17, 2013	Dec. 31, 2013	Dec. 31, 2013
			Subsequent event	Common Stock	Common Stock	Initial public offering	Initial public offering	Initial public offering	Initial public offering	Initial public offering	CCI II OP
							Subsequent event	Escrow deposits	Distribution reinvestment plan	Distribution reinvestment plan
								Common Stock		Escrow deposits
								Subsequent event
Organization and business [Line Items]	'	'	'	'	'	'	'	'	'	'	'
General partner partnership interest percentage	'	'	'	'	'	'	'	'	'	'	100.00%
Common stock, shares authorized (in shares)	'	490,000,000	'	'	'	250,000,000	'	'	50,000,000	'	'
Share price (in dollars per share)	'	'	$10	$10	'	$10	'	'	$9.50	'	'
Common stock, value, subscriptions	'	'	'	'	'	'	'	'	'	$2,500,000	'
Issuance of common stock, shares (in shares)	754,000	'	'	20,000	20,000	'	'	275,000	'	'	'
Issuance of common stock	'	$200,000	'	'	$200	'	$7,300,000	$2,500,000	'	'	'

Summary_of_Significant_Account3

Summary of Significant Accounting Policies - Narrative (Details) (USD $)	6 Months Ended		0 Months Ended	2 Months Ended		0 Months Ended	10 Months Ended
	Mar. 25, 2014	Dec. 31, 2013	Mar. 25, 2014	Mar. 25, 2014	Dec. 31, 2013	Mar. 20, 2013	Dec. 31, 2013	Dec. 31, 2013
			Subsequent event	Subsequent event	Maximum	Common Stock	Common Stock	Buildings
					Advisors
					Other organization and offering expenses
Class of Stock [Line Items]	'	'	'	'	'	'	'	'
Acquired real estate asset, useful life	'	'	'	'	'	'	'	'40 years
Organization and offering expense limit, percent	'	'	'	'	2.00%	'	'	'
Common stock, shares authorized (in shares)	'	490,000,000	'	'	'	'	'	'
Preferred stock, shares authorized	'	10,000,000	'	'	'	'	'	'
Common stock, par value	'	$0.01	'	'	'	'	'	'
Preferred stock, par value	'	$0.01	'	'	'	'	'	'
Issuance of common stock, shares (in shares)	754,000	'	'	'	'	20,000	20,000	'
Stock issued during period, per share, new issues (in dollars per share)	'	'	'	'	'	$10	'	'
Dividend, common stock and preferred stock, number of days in the calendar year for the daily distribution	'	'	'365 days	'365 days	'	'	'	'
Daily distributions payable amount per share	'	'	$0.00	$0.00	'	'	'	'
Share price (in dollars per share)	'	'	$10	$10	'	$10	'	'

RelatedParty_Transactions_and_1

Related-Party Transactions and Arrangements (Details) (USD $)	Dec. 31, 2013
Average invested assets between $0 to $2 billion	'
Related Party Transaction [Line Items]	'
Annualized rate percentage paid on average invested asset	0.75%
Average invested assets between $2 billion to $4 billion	'
Related Party Transaction [Line Items]	'
Annualized rate percentage paid on average invested asset	0.70%
Average invested assets over $4 bilion	'
Related Party Transaction [Line Items]	'
Annualized rate percentage paid on average invested asset	0.65%
Maximum \| Average invested assets between $0 to $2 billion	'
Related Party Transaction [Line Items]	'
Average invested assets	2,000,000,000
Maximum \| Average invested assets between $2 billion to $4 billion	'
Related Party Transaction [Line Items]	'
Average invested assets	4,000,000,000
Minimum \| Average invested assets between $0 to $2 billion	'
Related Party Transaction [Line Items]	'
Average invested assets	0
Minimum \| Average invested assets between $2 billion to $4 billion	'
Related Party Transaction [Line Items]	'
Average invested assets	2,000,000,000
Minimum \| Average invested assets over $4 bilion	'
Related Party Transaction [Line Items]	'
Average invested assets	4,000,000,000
Advisors	'
Related Party Transaction [Line Items]	'
Cumulative noncompounded annual return	8.00%
Advisors \| Minimum	'
Related Party Transaction [Line Items]	'
Operating expense reimbursement percent	2.00%
Operating expense reimbursement percent of net income	25.00%
Selling commissions \| Dealer manager commission \| Maximum	'
Related Party Transaction [Line Items]	'
Commissions percentage on stock sales and related dealer manager fees	7.00%
Selling commissions reallowed by cole capital \| Dealer manager commission reallowed	'
Related Party Transaction [Line Items]	'
Commissions percentage on stock sales and related dealer manager fees	100.00%
Dealer manager fee \| Dealer manager	'
Related Party Transaction [Line Items]	'
Commissions percentage on stock sales and related dealer manager fees	2.00%
Other organization and offering expenses \| Advisors \| Maximum	'
Related Party Transaction [Line Items]	'
Organization and offering expense limit, percent	2.00%
Acquisition fees and expenses \| Advisors \| Maximum	'
Related Party Transaction [Line Items]	'
Acquisition and advisory fee	6.00%
Acquisition fees and expenses \| Advisors \| Maximum \| Contract purchase price of each asset	'
Related Party Transaction [Line Items]	'
Acquisition and advisory fee	2.00%
Property sales commission \| Advisors \| Contract sale price of each property \| Gross revenue for single-tenant properties	'
Related Party Transaction [Line Items]	'
Commissions performance and other fees percent	1.00%
Property portfolio \| Advisors \| Maximum	'
Related Party Transaction [Line Items]	'
Commissions performance and other fees percent	6.00%
Performance fee \| Advisors	'
Related Party Transaction [Line Items]	'
Commissions performance and other fees percent	15.00%
Performance fee \| Advisors \| Listing commission	'
Related Party Transaction [Line Items]	'
Commissions performance and other fees percent	15.00%
Brokerage commission fee \| Advisors \| Maximum	'
Related Party Transaction [Line Items]	'
Commissions performance and other fees percent	50.00%

Stockholders_Equity_Details

Stockholders' Equity (Details) (USD $)	6 Months Ended	10 Months Ended	3 Months Ended	10 Months Ended			0 Months Ended	10 Months Ended
	Mar. 25, 2014	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2013	Sep. 17, 2013	Sep. 17, 2013	Mar. 20, 2013	Dec. 31, 2013
			Maximum	Maximum	Initial public offering	Initial public offering	Common Stock	Common Stock
						Distribution reinvestment plan
Equity, Class of Treasury Stock [Line Items]	'	'	'	'	'	'	'	'
Common stock, shares authorized (in shares)	'	490,000,000	'	'	250,000,000	50,000,000	'	'
Preferred stock, shares authorized	'	10,000,000	'	'	'	'	'	'
Common stock, par value	'	$0.01	'	'	'	'	'	'
Issuance of common stock, shares (in shares)	754,000	'	'	'	'	'	20,000	20,000
Preferred stock, par value	'	$0.01	'	'	'	'	'	'
Share price (in dollars per share)	'	'	'	'	$10	$9.50	$10	'
Dividend reinvestment plan, termination notice period	'	'10 days	'	'	'	'	'	'
Stock redemption program, number of shares authorized to be repurchased, percentage of weighted average number of shares outstanding	'	'	1.25%	5.00%	'	'	'	'
Stock redemption program, redemption price per share, percentage of amount paid per share, after one year	'	95.00%	'	'	'	'	'	'
Stock redemption program, plan redemption price per share, percentage of amount paid per share, after two year	'	97.50%	'	'	'	'	'	'
Stock redemption program, plan redemption price per share, percentage of amount paid per share, after three year	'	100.00%	'	'	'	'	'	'
Stock redemption program, redemption priority, shares	'	'	'	250	'	'	'	'
Stock redemption program, termination notice period	'	'30 days	'	'	'	'	'	'

Quarterly_Results_Unaudited_De

Quarterly Results (Unaudited) (Details) (USD $)	1 Months Ended		3 Months Ended						10 Months Ended
Quarterly Results (Unaudited) (Details) (USD $)	Mar. 31, 2013		Dec. 31, 2013		Sep. 30, 2013		Jun. 30, 2013		Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]	'		'		'		'		'
Revenues	$0		$0		$0		$0		'
Operating loss	0		-81,467		-18,417		0		'
Net loss	$0		($81,467)		($18,417)		$0		($99,884)
Basic and diluted net loss per common share (in dollars per share)	$0	[1]	($4.39)	[1]	($0.99)	[1]	$0	[1]	($5.38)
Distributions declared per common share (in dollars per share)	$0		$0		$0		$0		'

[1]	Based on the weighted average number of shares outstanding as of December 31, 2013.

Subsequent_Events_Details

Subsequent Events - (Details) (USD $)

6 Months Ended

10 Months Ended

0 Months Ended

10 Months Ended

3 Months Ended

6 Months Ended

0 Months Ended

Mar. 25, 2014

Dec. 31, 2013

Mar. 20, 2013

Dec. 31, 2013

Mar. 25, 2014

Jan. 13, 2014

Common Stock

Subsequent event

Property acquisition

Secured debt

Line of credit

Initial public offering

Escrow deposits

Property

JPMorgan Chase, credit facility

JPMorgan Chase, credit facility, eurodollar rate loan

JPMorgan Chase, credit facility, base rate committed loan

Revolving credit facility

Initial public offering

sqft

Revolving credit facility

Series C, LLC

Common Stock

Leverage ratio less than or equal to 50%

Leverage ratio greater than 65%

Federal funds rate plus

LIBOR

Leverage ratio less than or equal to 50%

Leverage ratio greater than 65%

LIBOR

Subsequent Event [Line Items]

Issuance of common stock, shares (in shares)

754,000

20,000

275,000

Issuance of common stock

$200,000

$200

$7,300,000

$2,500,000

Line of credit facility, current borrowing capacity

100,000,000

10,000,000

Debt instrument, interest rate, stated percentage rate range, minimum

1.90%

0.90%

Debt instrument, interest rate, stated percentage rate range, maximum

2.75%

1.75%

Debt instrument, basis spread on variable rate

0.50%

1.00%

2.20%

Line of credit facility, amount outstanding

16,800,000

2,900,000

Line of credit facility, remaining borrowing capacity

7,100,000

Number of businesses acquired (in properties)

Gross rentable square feet

84,000

Total purchase price

24,000,000

Acquisition related expenses

$480,000