Subsequent Events Subsequent Events (Tables)

12 Months Ended

Dec. 31, 2013

Subsequent Events [Abstract]

Schedule of Subsequent Events

	Preliminary Purchase Price Allocation (in thousands)
Total Consideration
Fair value of W. P. Carey shares of common stock issued	$	1,815,521
Cash consideration for fractional shares	1,338
Merger Consideration	1,816,859
Fair value of our equity interest in CPA®:16 – Global prior to the CPA®:16 Merger	324,049
Fair value of our equity interest in jointly-owned investments with CPA®:16 – Global prior to the    CPA®:16 Merger	156,205
Fair value of noncontrolling interests acquired	(259,455		)
	$	2,037,658
Assets Acquired at Fair Value
Net investments in properties	$	2,018,445
Net investments in direct financing leases	496,723
Equity investments in real estate	68,608
Notes receivable	21,419
In-place lease intangible assets, net (weighted-average life - 12.8 years)	568,692
Above-market rent intangible assets, net (weighted-average life - 12.1 years)	387,206
Cash and cash equivalents	70,672
Other assets, net	71,969
	3,703,734
Liabilities Assumed at Fair Value
Non-recourse debt and line of credit	(1,728,382		)
Below-market rent and other intangible liabilities (weighted-average life - 19.3 years)	(66,183		)
Accounts payable, accrued expenses and other liabilities	(123,036		)
Deferred tax liability	(44,795		)
	(1,962,396		)
Total identifiable net assets	1,741,338
Amounts attributable to noncontrolling interests	(96,139		)
Goodwill	392,459
	$	2,037,658

Pro forma total revenues	$	787,219
Pro forma income attributable to W. P. Carey	$	85,827
Pro forma earnings per share: (a)
Basic	$	0.86
Diluted	$	0.85
Pro forma weighted-average shares: (b)
Basic	99,420,924
Diluted	100,437,886