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Acquisitions (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2013
Number
sqft
acre
Mar. 31, 2013
sqft
acre
Number
Dec. 31, 2012
Number
acre
sqft
Jun. 30, 2013
Number
acre
sqft
Dec. 31, 2012
sqft
acre
Number
Business Acquisition Number Of Buildings 14 3 2 17 2
Area Of Land Acquired 664,800 981,000 539,000 1,645,800 539,000
Number of Acres acquired 301 79 34 380 34
Business Acquisition Purchase Price $ 111,220 $ 47,000 $ 27,125 $ 158,220 $ 27,125
Business Acquisition Lease Expiration Date         Jul. 31, 2024
Warehouse [Member]
         
Business Acquisition Location   Olive Branch Mississippi [1]      
Business Acquisition Metropolitan Statistical Area   Memphis Tennessee [1]      
Business Acquisition, Effective Date of Acquisition   Mar. 11, 2013 [1]      
Business Acquisition Number Of Buildings   1 [1]      
Area Of Land Acquired   605,000 [1]      
Number of Acres acquired   43 [1]      
Business Acquisition Purchase Price   24,650 [1]      
Business Acquisition Lease Expiration Date   Dec. 01, 2022 [1]      
Industrial Property [Member]
         
Business Acquisition Location   Garland Texas [1] Mt. Comfort Indiana    
Business Acquisition Metropolitan Statistical Area   Dallas Texas [1] Indianapolis Indiana    
Business Acquisition, Effective Date of Acquisition   Mar. 19, 2013 [1] Nov. 20, 2012    
Business Acquisition Number Of Buildings   1 [1] 1    
Area Of Land Acquired   342,000 [1] 294,000    
Number of Acres acquired   20 [1]     13
Business Acquisition Purchase Price   10,700 [1] 12,035    
Business Acquisition Lease Expiration Date   Oct. 01, 2032 [1]     Sep. 30, 2021
Cross Dock Truck Terminal One [Member]
         
Business Acquisition Location   East Brunswick New Jersey [1]      
Business Acquisition Metropolitan Statistical Area   New York New York [1]      
Business Acquisition, Effective Date of Acquisition   Mar. 28, 2013 [1]      
Business Acquisition Number Of Buildings   1 [1]      
Area Of Land Acquired   34,000 [1]      
Number of Acres acquired   16 [1]      
Business Acquisition Purchase Price   11,650 [1]      
Business Acquisition Lease Expiration Date   Jan. 01, 2019 [1]      
Cross Dock Truck Terminal Two [Member]
         
Business Acquisition Location Atlanta Georgia [1]        
Business Acquisition Metropolitan Statistical Area Atlanta Georgia [1]        
Business Acquisition, Effective Date of Acquisition May 06, 2013 [1]        
Business Acquisition Number Of Buildings 1 [1]        
Area Of Land Acquired 130,000 [1]        
Number of Acres acquired 38 [1]        
Business Acquisition Purchase Price 7,850 [1]        
Business Acquisition Lease Expiration Date May 01, 2020 [1]        
Cross Dock Truck Terminal Three [Member]
         
Business Acquisition Location Deer Park New York [2]        
Business Acquisition Metropolitan Statistical Area New York New York [2]        
Business Acquisition, Effective Date of Acquisition Jun. 18, 2013 [2]        
Business Acquisition Number Of Buildings 1 [2]        
Area Of Land Acquired 18,000 [2]        
Number of Acres acquired 5 [2]        
Business Acquisition Purchase Price 3,900 [2]        
Business Acquisition Lease Expiration Date Dec. 01, 2019 [2]        
Industrial Property One [Member]
         
Business Acquisition Location Bellmawr New Jersey [1]   Greenwood Indiana    
Business Acquisition Metropolitan Statistical Area Philadelphia Pennsylvania [1]   Indianapolis Indiana    
Business Acquisition, Effective Date of Acquisition May 30, 2013 [1]   Nov. 20, 2012    
Business Acquisition Number Of Buildings 1 [1]   1    
Area Of Land Acquired 62,000 [1]   245,000    
Number of Acres acquired 4 [1]       21
Business Acquisition Purchase Price 4,175 [1]   15,090    
Business Acquisition Lease Expiration Date Oct. 01, 2020 [1]       Dec. 31, 2018
Bank Branch One [Member]
         
Business Acquisition Location Emmaus Pennsylvania [2]        
Business Acquisition Metropolitan Statistical Area Allentown Pennsylvania [2]        
Business Acquisition, Effective Date of Acquisition Jun. 06, 2013 [2]        
Business Acquisition Number Of Buildings 1 [2]        
Area Of Land Acquired 4,800 [2]        
Number of Acres acquired 0 [2]        
Business Acquisition Purchase Price 1,610 [2]        
Business Acquisition Lease Expiration Date Feb. 01, 2019 [2]        
Bank Branch Two [Member]
         
Business Acquisition Location Calabash North Carolina [2]        
Business Acquisition Metropolitan Statistical Area Wilmington North Carolina [2]        
Business Acquisition, Effective Date of Acquisition Jun. 06, 2013 [2]        
Business Acquisition Number Of Buildings 1 [2]        
Area Of Land Acquired 2,000 [2]        
Number of Acres acquired 0 [2]        
Business Acquisition Purchase Price 610 [2]        
Business Acquisition Lease Expiration Date Dec. 01, 2018 [2]        
Cross Dock Truck Terminal Four [Member]
         
Business Acquisition Location Elkridge Maryland [2]        
Business Acquisition Metropolitan Statistical Area Baltimore Maryland [2]        
Business Acquisition, Effective Date of Acquisition Jun. 19, 2013 [2]        
Business Acquisition Number Of Buildings 1 [2]        
Area Of Land Acquired 34,000 [2]        
Number of Acres acquired 11 [2]        
Business Acquisition Purchase Price 5,900 [2]        
Business Acquisition Lease Expiration Date May 01, 2019 [2]        
Cross Dock Truck Terminal Five [Member]
         
Business Acquisition Location Houston Texas [2]        
Business Acquisition Metropolitan Statistical Area Houston Texas [2]        
Business Acquisition, Effective Date of Acquisition Jun. 26, 2013 [2]        
Business Acquisition Number Of Buildings 3 [2]        
Area Of Land Acquired 102,000 [2]        
Number of Acres acquired 33 [2]        
Business Acquisition Purchase Price 6,914 [2]        
Business Acquisition Lease Expiration Date May 01, 2019 [2]        
Cross Dock Truck Terminal Six [Member]
         
Business Acquisition Location Orlando Florida [2]        
Business Acquisition Metropolitan Statistical Area Orlando Florida [2]        
Business Acquisition, Effective Date of Acquisition Jun. 26, 2013 [2]        
Business Acquisition Number Of Buildings 1 [2]        
Area Of Land Acquired 46,000 [2]        
Number of Acres acquired 15 [2]        
Business Acquisition Purchase Price 5,036 [2]        
Business Acquisition Lease Expiration Date Jan. 01, 2019 [2]        
Specialty Asset Type [Member]
         
Business Acquisition Location Hutchins Texas [2],[3]        
Business Acquisition Metropolitan Statistical Area Dallas Texas [2],[3]        
Business Acquisition, Effective Date of Acquisition Jun. 27, 2013 [2],[3]        
Business Acquisition Number Of Buildings 3 [2],[3]        
Area Of Land Acquired 196,000 [2],[3]        
Number of Acres acquired 175 [2],[3]        
Business Acquisition Purchase Price 58,500 [2],[3]        
Business Acquisition Lease Expiration Date Jul. 01, 2029 [2],[3]        
Warehouse One [Member]
         
Business Acquisition Location Logan Twp. New Jersey [2]        
Business Acquisition Metropolitan Statistical Area Philadelphia Pennsylvania [2]        
Business Acquisition, Effective Date of Acquisition Jun. 28, 2013 [2]        
Business Acquisition Number Of Buildings 1 [2]        
Area Of Land Acquired 70,000 [2]        
Number of Acres acquired 11 [2]        
Business Acquisition Purchase Price 11,725 [2]        
Business Acquisition Lease Expiration Date May 01, 2028 [2]        
Build To Suit [Member]
         
Business Acquisition Location Hialeah Gardens Florida [1],[4]        
Business Acquisition Metropolitan Statistical Area Miami Florida [1],[4]        
Business Acquisition, Effective Date of Acquisition May 30, 2013 [1],[4]        
Business Acquisition Number Of Buildings 0 [1],[4]        
Area Of Land Acquired 0 [1],[4]        
Number of Acres acquired 9 [1],[4]        
Business Acquisition Purchase Price $ 5,000 [1],[4]        
[1] The Company analyzed the fair value of the leases and real estate assets of these investments; and, accordingly, the purchase price allocation is finalized. The current allocation of the assets includes $50,272 of net real estate assets, $9,730 of intangible assets and $3,679 of intangible liabilities. The Company had measurement period adjustments for the acquisitions that were completed in first quarter of 2013, but where the purchase price allocation was completed in the second quarter, resulting in a reallocation of $4,207 in net intangible assets and liabilities from real estate assets.
[2] The Company is currently analyzing the fair value of the lease and real estate assets; and accordingly, the purchase price allocation is preliminary and subject to change. The initial recording of the assets included $97,200 of real estate assets.
[3] The Specialty Asset located in Hutchins, Texas is an auto auction facility encumbered with a mortgage of $26,322, with a fair value of $29,385, and capitalized loan assumption costs of $263.
[4] The build-to-suit property located in Hialeah Gardens, Florida is a commitment to construct a 120,000 square foot cold storage facility which will be 100% leased for an initial term of 25 years when completed in the second quarter of 2014. The Company acquired the land for the property with a $4,990 zero-coupon mortgage note payable to the seller. Total costs are expected to be approximately $25,000, of which the unfunded amounts were estimated to be $23,158 at June 30, 2013.