XML 60 R36.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Agreements and Transactions of Related Parties (Details) (USD $)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Dec. 31, 2010
Related Party Transaction [Line Items]          
Management Fees Revenue $ 16,619,000 $ 19,080,000 $ 36,439,000 $ 37,900,000  
Incentive Termination And Subordinated Disposition Revenues 52,515,000 0 52,515,000 0  
Structuring revenue 5,735,000 13,102,000 21,680,000 19,936,000  
Wholesaling revenue 2,922,000 2,741,000 6,202,000 5,283,000  
Reimbursed costs from affiliates 17,059,000 14,838,000 34,778,000 29,440,000  
Distributions of available cash (CPA:17 - Global only) 1,973,000 1,187,000 3,788,000 1,693,000  
Revenue earned and cash received from REITs 96,823,000 50,948,000 155,402,000 94,252,000  
Asset Management Fees [Abstract]          
Asset management revenue is calculated as a percent of total average invested assets     1.00%    
Performance revenue is calculated as a percent of total average invested assets     0.50%    
Asset management revenue is calculated as a percent of average market value of real estate assets     0.50%    
Asset management revenue is calculated as a percent of average equity value of securities     1.75%    
Asset management revenue is calculated as a percent of average loging-related assets     0.50%    
Structuring Revenue [Abstract]          
Acquisition revenue as a percent of total cost of all investments made by each CPA REIT     4.50%    
Percent of structuring revenue paid on completion of transaction     2.50%    
Percent of structuring revenue paid in annual installments     2.00%    
Initial acquisition revenue percentage     2.50%    
Maximum Percentage Of Revenue Earned On Initial Acquisition     6.00%    
Unpaid Transaction Fee Interest Rate Minimum     5.00%    
Unpaid Transaction Fee Interest Rate Maximum     7.00%    
Accrued Acquisition Fees 25,179,000   25,179,000   31,419,000
Interest Earned On Unpaid Deferred Acquisition Fees 310,000 289,000 642,000 538,000  
Reimbursed Costs From Affiliates And Wholesaling Revenue [Abstract]          
Selling Commission Per Share Sold     $ 0.65    
Dealer Revenue Per Share Sold     $ 0.35    
Other Transactions With Affiliates [Abstract]          
Income from noncontrolling interest partners 644,000 568,000 1,196,000 1,214,000  
Deferred Rent Due To Affiliates     830,000   854,000
Payment For Special Interest     300,000    
Equity Adjustment     28,300,000    
Termination Revenue     31,200,000    
Subordinated Disposition Revenue     21,300,000    
Other Distributions Of Cash Received     10.00%    
Average Estimated Minimum Lease Payments Of Limited Partnership 3,000,000   3,000,000    
Special Loan To REIT 4,000,000   4,000,000    
Interest Rate Of Special Loan To REIT     2.50%    
Special Loan To Related Party REIT 90,000,000   90,000,000    
Interest Rate Of Special Loan To Related Party REIT     1.15%    
CPA 14 And 16 Merger [Abstract]          
Purchase price of remaining interests in a joint venture 31,800,000   31,800,000    
Assumption of debt arising from merger     87,600,000    
Shareholder Cash Option Arising From Merger     $ 11.5    
Shareholder Share Option Available From Merger     1.1932    
Base Net Asset Value Of Shares Received By Reit Shareholders     $ 10.5    
Merger Consideration     954,500,000    
Merger Consideration Liquidating Amount     444,000,000    
Shares Issued to Liquidating Shareholders     57,365,145    
Fair Value Of Shares Issued     510,500,000    
Shares Received In Exchange From Liquidating Shareholders     48,076,723    
Special Per Share Cash Distribution To Liquidating Shareholders     $ 1    
Value Of Special Cash Distribution     90,400,000    
Senior Credit Facility 320,000,000   320,000,000    
Additional Shares Purchased     13,750,000    
Value Of Additional Shares Purchased     121,000,000    
Amount drawn down on senior credit facility     121,400,000    
Termination Revenue Received In Shares Exchanged     3,242,089    
Cash Received From Special Cash Distribution     11,100,000    
Shares Received From REIT Arising From Merger     13,260,091    
Capital Interest Of Managing Members     99.985%    
Special Interest     0.015%    
Reduced Asset Management Fee Percentage     0.50%    
Previous Asset Management Fee Percentage     1.00%    
Former Subordinated Incentive And Termination Fee Percentage     15.00%    
Final Distribution Percentage     15.00%    
Return On Managing Members Invested Capital Base     100.00%    
Managing Members Priority Return     6.00%    
Deferred Revenue Recognized From Special Interest     1,400,000    
Amortization Of Basis Differential Of Special Interest     200,000    
Shares Received As Termination Revenue     2,717,138    
Maximum [Member]
         
Other Transactions With Affiliates [Abstract]          
Interest in joint ventures 95.00%   95.00%    
Minimum [Member]
         
Other Transactions With Affiliates [Abstract]          
Interest in joint ventures 5.00%   5.00%    
Lodging Related Investments [Member]
         
Reimbursed Costs From Affiliates And Wholesaling Revenue [Abstract]          
Selling Commission Per Share Sold     $ 0.7    
Dealer Revenue Per Share Sold     $ 0.3    
Minimum Offering Amount     10    
Maximum percent of offering proceeds 2.00%   2.00%    
Organization and offering costs incurred     4,200,000    
Offering costs, obligation to reimburse     $ 600,000