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Cash Flow Information (Tables)
3 Months Ended
Mar. 31, 2014
Additional Cash Flow Elements and Supplemental Cash Flow Information [Abstract]  
Noncash Investing and Financing Activities
A summary of our non-cash investing and financing activities for the periods presented is as follows (in thousands):
 
Three Months Ended March 31,
 
2014
 
2013
Reclassification out of Net investments in direct financing leases
$
(6,184
)
 
$
(5,586
)
Reclassification to Real estate, net
6,184

 
5,586

Reclassification out of Real estate, net
(1,347
)
 
(1,505
)
Reclassification to Assets held for sale
1,347

 
1,505

First quarter distributions declared
90,079

 
57,128

Schedule Of Noncash Or Part Noncash Acquisitions
The following table summarizes estimated fair values of the assets acquired and liabilities assumed in the CPA®:16 Merger (in thousands):
Total Consideration
 

Fair value of W. P. Carey shares of common shares issued
$
1,815,521

Cash consideration for fractional shares
1,338

Fair value of our equity interest in CPA®:16 – Global prior to the CPA®:16 Merger
347,164

Fair value of our equity interest in jointly-owned investments with CPA®:16 – Global prior to the CPA®:16 Merger
172,720

Fair value of noncontrolling interests acquired
(278,829
)
 
2,057,914

Assets Acquired at Fair Value
 
Net investments in real estate
1,969,274

Net investments in direct financing leases
538,607

Equity investments in real estate
74,367

Assets held for sale
132,951

Goodwill
348,972

In-place lease intangible assets
553,479

Above-market rent intangible assets
395,663

Other assets
82,032

Liabilities Assumed at Fair Value
 
Non-recourse debt and line of credit
(1,768,288
)
Accounts payable, accrued expenses and other liabilities
(118,389
)
Below-market rent and other intangible liabilities
(57,209
)
Deferred tax liability
(59,629
)
Amounts attributable to noncontrolling interests
(99,345
)
Net assets acquired excluding cash
1,992,485

Cash acquired on acquisition of subsidiaries
$
65,429