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Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Real estate revenues:    
Lease revenues $ 123,213 $ 72,460
Reimbursable tenant costs 6,030 3,117
Operating property revenues 4,993 227
Other 1,000 679
Total real estate revenue 135,236 76,483
Revenues from affiliates:    
Reimbursable costs 39,732 11,968
Structuring revenue 17,750 6,342
Asset management revenue 9,777 10,015
Dealer manager fees 6,676 1,223
Revenue from affiliates 73,935 29,548
Total revenues 209,171 106,031
Operating Expenses    
Depreciation and amortization 52,782 29,376
Reimbursable tenant and affiliate costs 45,762 15,085
Merger and acquisition expenses 29,613 121
General and administrative 28,111 19,698
Property expenses, excluding reimbursable tenant costs 8,429 1,765
Stock-based compensation expenses 7,045 9,149
Total operating expenses 171,742 75,194
Other Income and Expenses    
Gain on change in control of interests 103,574 0
Net income from equity investments in real estate and the Managed REITs 14,262 10,656
Interest expense (39,075) (25,584)
Other income and (expenses) (5,372) 1,399
Total other income and expenses 73,389 (13,529)
Income from continuing operations before income taxes 110,818 17,308
(Provision for) benefit from income taxes (2,221) 1,208
Income from continuing operations 108,597 18,516
Income (loss) from discontinued operations, net of tax 6,135 (2,677)
Net Income 114,732 15,839
Net income attributable to noncontrolling interests (1,578) (1,708)
Net (income) loss attributable to redeemable noncontrolling interest (262) 50
Net Income Attributable to W. P. Carey 112,892 14,181
Basic Earnings Per Share    
Income from continuing operations attributable to W. P. Carey (in dollars per share) $ 1.19 $ 0.25
Income (loss) from discontinued operations attributable to W. P. Carey (in dollars per share) $ 0.07 $ (0.05)
Net Income Attributable to W. P. Carey (in dollars per share) $ 1.26 $ 0.20
Diluted Earnings Per Share    
Income from continuing operations attributable to W. P. Carey (in dollars per share) $ 1.18 $ 0.24
Income (loss) from discontinued operations attributable to W. P. Carey (in dollars per share) $ 0.07 $ (0.04)
Net Income Attributable to W. P. Carey (in dollars per share) $ 1.25 $ 0.20
Weighted Average Shares Outstanding    
Basic (in shares) 89,366,055 68,967,209
Diluted (in shares) 90,375,311 69,975,293
Amounts Attributable to W. P. Carey    
Income from continuing operations, net of tax 106,609 17,135
Income (loss) from discontinued operations, net of tax 6,283 (2,954)
Net Income Attributable to W. P. Carey $ 112,892 $ 14,181
Distributions Declared Per Share $ 0.895 $ 0.82