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Segment Reporting (Tables)
 9 Months Ended
Sep. 30, 2014
Segment Reporting [Abstract]  
Reconciliation of Operating Profit (Loss) from Segments to Consolidated
(a)
Includes expenses incurred of $30.4 million related to the CPA®:16 Merger for the nine months ended September 30, 2014.
(b)
Included in revenues and operating expenses are reimbursable costs from affiliates totaling $14.7 million and $23.3 million for the three months ended September 30, 2014 and 2013, respectively, and $96.4 million and $50.7 million for the nine months ended September 30, 2014 and 2013, respectively.
(c)
Includes Stock-based compensation expense of $8.0 million and $7.9 million for the three months ended September 30, 2014 and 2013, respectively, of which $7.7 million and $7.6 million, respectively, were included in the Investment Management segment; and $23.0 million and $25.4 million for the nine months ended September 30, 2014 and 2013, respectively, of which $22.3 million and $24.1 million, respectively, were included in the Investment Management segment.
The following tables present a summary of comparative results and assets for these business segments (in thousands):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2014
 
2013
 
2014
 
2013
Real Estate Ownership
 
 
 
 
 
 
 
Revenues
$
164,212

 
$
79,810

 
$
476,018

 
$
233,951

Operating expenses (a)
(94,227
)
 
(45,298
)
 
(294,572
)
 
(127,790
)
Interest expense
(46,534
)
 
(26,262
)
 
(133,342
)
 
(77,596
)
Other income and expenses, excluding interest expense
7,370

 
11,713

 
129,573

 
58,231

Provision for income taxes
(1,872
)
 
(3,689
)
 
(944
)
 
(7,260
)
Gain (loss) on sale of real estate, net of tax
260

 
—

 
(3,482
)
 
(332
)
Net income attributable to noncontrolling interests
(757
)
 
(2,957
)
 
(4,470
)
 
(7,776
)
Net income (loss) attributable to noncontrolling interests of discontinued operations
5

 
413

 
(173
)
 
1,021

Income from continuing operations attributable to W. P. Carey
$
28,457

 
$
13,730

 
$
168,608

 
$
72,449

Investment Management
 
 
 
 
 
 
 
Revenues (b)
$
31,733

 
$
52,782

 
$
181,843

 
$
116,892

Operating expenses (b) (c)
(33,992
)
 
(46,327
)
 
(166,616
)
 
(119,840
)
Other income and expenses, excluding interest expense
160

 
245

 
(7
)
 
773

Benefit from (provision for) income taxes
971

 
(1,702
)
 
(10,231
)
 
4,210

Net (income) loss attributable to noncontrolling interests
(236
)
 
45

 
(444
)
 
464

Net loss (income) attributable to redeemable noncontrolling interests
14

 
(232
)
 
(137
)
 
(139
)
(Loss) income from continuing operations attributable to W. P. Carey
$
(1,350
)
 
$
4,811

 
$
4,408

 
$
2,360

Total Company
 
 
 
 


 


Revenues (b)
$
195,945

 
$
132,592

 
$
657,861

 
$
350,843

Operating expenses (b) (c)
(128,219
)
 
(91,625
)
 
(461,188
)
 
(247,630
)
Interest expense
(46,534
)
 
(26,262
)
 
(133,342
)
 
(77,596
)
Other income and expenses, excluding interest expense
7,530

 
11,958

 
129,566

 
59,004

Provision for income taxes
(901
)
 
(5,391
)
 
(11,175
)
 
(3,050
)
Gain (loss) on sale of real estate, net of tax
260

 
—

 
(3,482
)
 
(332
)
Net income attributable to noncontrolling interests
(993
)
 
(2,912
)
 
(4,914
)
 
(7,312
)
Net income (loss) attributable to noncontrolling interests of discontinued operations
5

 
413

 
(173
)
 
1,021

Net loss (income) attributable to redeemable noncontrolling interests
14

 
(232
)
 
(137
)
 
(139
)
Income from continuing operations attributable to W. P. Carey
$
27,107

 
$
18,541

 
$
173,016

 
$
74,809
Reconciliation Of Assets From Segment To Consolidated
(d)
Consists of Net investments in real estate.
 
Total Long-Lived Assets at (d)
 
Total Assets at
 
September 30, 2014
 
December 31, 2013
 
September 30, 2014
 
December 31, 2013
Real Estate Ownership
$
5,469,846

 
$
3,333,654

 
$
8,146,004

 
$
4,537,853

Investment Management
—

 
—

 
355,445

 
141,097

Total Company
$
5,469,846

 
$
3,333,654

 
$
8,501,449

 
$
4,678,950
Schedule Of International Investment By Segment
The following tables present the geographic information (in thousands):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2014
 
2013
 
2014
 
2013
Domestic
 
 
 
 
 
 
 
Revenues
$
107,799

 
$
54,953

 
$
314,911

 
$
162,784

Income from continuing operations (a)
15,146

 
14,087

 
160,238

 
71,411

Net income attributable to noncontrolling interests
(543
)
 
(3,209
)
 
(2,781
)
 
(8,019
)
Net income attributable to W. P. Carey
13,731

 
12,954

 
184,678

 
66,397

Germany
 
 
 
 
 
 
 
Revenues
$
19,663

 
$
5,132

 
$
54,767

 
$
14,957

Income from continuing operations (a)
6,341

 
5,197

 
(656
)
 
12,492

Net income attributable to noncontrolling interests
(88
)
 
(460
)
 
(1,760
)
 
(1,934
)
Net income attributable to W. P. Carey
7,089

 
3,683

 
(720
)
 
8,967

Other International
 
 
 
 
 
 
 
Revenues
$
36,750

 
$
19,725

 
$
106,340

 
$
56,210

Income from continuing operations (a)
9,334

 
679

 
18,095

 
2,893

Net (income) loss attributable to noncontrolling interests
(126
)
 
712

 
71

 
2,177

Net income attributable to W. P. Carey
7,867

 
(2,942
)
 
17,886

 
(1,870
)
Total
 
 
 
 
 
 
 
Revenues
$
164,212

 
$
79,810

 
$
476,018

 
$
233,951

Income from continuing operations (a)
30,821

 
19,963

 
177,677

 
86,796

Net income attributable to noncontrolling interests
(757
)
 
(2,957
)
 
(4,470
)
 
(7,776
)
Net income attributable to W. P. Carey
28,687

 
13,695

 
201,844

 
73,494


 
September 30, 2014
 
December 31, 2013
Domestic
 
 
 
Long-lived assets (b)
$
3,772,632

 
$
2,172,549

Non-recourse debt
1,633,872

 
874,035

Germany
 
 
 
Long-lived assets (b)
$
622,164

 
$
314,423

Non-recourse debt
336,396

 
76,222

Other International
 
 
 
Long-lived assets (b)
$
1,075,050

 
$
846,682

Non-recourse debt
731,865

 
542,153

Total
 
 
 
Long-lived assets (b)
$
5,469,846

 
$
3,333,654

Non-recourse debt
2,702,133

 
1,492,410

__________
(a)
Amount represents income from continuing operations before income taxes and gain (loss) on sale of real estate, net of tax.
(b)
Consists of Net investments in real estate.