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Merger with CPA®:16 – Global (Details 1) (USD $)
In Thousands, unless otherwise specified
9 Months Ended 0 Months Ended 6 Months Ended 0 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Dec. 31, 2013
Sep. 30, 2014
CPA: 16 - Global
Mar. 31, 2014
CPA: 16 - Global
Jan. 31, 2014
CPA: 16 - Global
Sep. 30, 2014
CPA: 16 - Global
Measurement period adjustment
Jun. 30, 2014
CPA: 16 - Global
Measurement period adjustment
Sep. 30, 2014
Jointly Owned Investments
CPA: 16 - Global
Mar. 31, 2014
Jointly Owned Investments
CPA: 16 - Global
Jan. 31, 2014
Jointly Owned Investments
CPA: 16 - Global
Total Consideration                      
Fair value of W.P.Carey shares of common stock issued       $ 1,815,521 $ 1,815,521 $ 1,815,521          
Cash consideration for fractional shares 1,338 0   1,338 1,338 1,338          
Merger consideration       1,816,859 1,816,859 1,800,000          
Fair value of W. P. Carey & Co. LLC equity interest in jointly-owned investments with CPA:16 prior to the CPA:16 Merger       348,448 347,164 348,448 1,284   172,720 172,720 172,720
Fair value of noncontrolling interests acquired       (278,187) (278,829) (278,187) 642 (600)      
Total Consideration       2,059,840 2,057,914 2,059,840 1,926        
Assets Acquired at Fair Value                      
Net investments in properties 4,413,268   2,353,391 1,970,175 1,969,274 1,970,175 901        
Net investments in direct financing leases 838,475   363,420 538,225 538,607 538,225 (382)        
Equity investments in real estate 218,103   530,020 74,367 74,367 74,367          
Assets held for sale 0   86,823 133,415 132,951 133,415 464        
In-place lease, net 935,008   467,127 553,723 553,479 553,723 244        
Above-market rent 545,462   241,975 395,824 395,663 395,824 161        
Cash and cash equivalents       65,429 65,429 65,429          
Other assets       82,032 82,032 82,032          
Assets Acquired at Fair value       3,813,190 3,811,802   1,388        
Liabilities Assumed at Fair Value                      
Non-recourse debt (2,702,133)   (1,492,410) (1,768,288) (1,768,288) (1,768,288)          
Below-market rent intangibles       (57,569) (57,209) (57,569) (360)        
Accounts payable, accrued expenses and other liabilities       (118,389) (118,389) (118,389)          
Deferred tax liability       (58,347) (59,629) (58,347) 1,282        
Liabilities Assumed at Fair Value       (2,002,593) (2,003,515)   922        
Total identifiable net assets       1,810,597 1,808,287   2,310        
Amounts attributable to noncontrolling interests       (99,633) (99,345) (99,633) (288)        
Goodwill 702,791   350,208 348,876 348,972 348,876 (96)        
Net acquisition       $ 2,059,840 $ 2,057,914   $ 1,926