Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Investments in real estate
Real estate, at cost (inclusive of $139,117 and $144,753, respectively, attributable to variable interest entities, or VIEs)	$ 2,558,987	$ 2,396,715
Operating real estate, at cost	273,311	272,859
Accumulated depreciation (inclusive of $11,543 and $9,984, respectively, attributable to VIEs)	(224,288)	(197,695)
Net investments in properties	2,608,010	2,471,879
Real estate under construction	8,588	110,983
Net investments in direct financing leases (inclusive of $246,605 and $245,815, respectively, attributable to VIEs)	496,617	479,425
Net investments in real estate	3,113,215	3,062,287
Equity investments in real estate	535,934	531,000
Cash and cash equivalents (inclusive of $30 and $27, respectively, attributable to VIEs)	119,491	275,719
In-place lease and tenant relationship intangible assets, net (inclusive of $15,897 and $16,348, respectively, attributable to VIEs)	442,917	432,444
Other intangible assets, net	78,492	83,238
Other assets, net (inclusive of $15,783 and $16,536, respectively, attributable to VIEs)	286,609	221,209
Total assets	4,576,658	4,605,897
Liabilities:
Non-recourse debt (inclusive of $190,089 and $193,437, respectively, attributable to VIEs)	1,923,575	1,896,489
Accounts payable, accrued expenses and other liabilities (inclusive of $6,975 and $10,109, respectively, attributable to VIEs)	135,649	141,043
Deferred income taxes (inclusive of $0 and $60, respectively, attributable to VIEs)	12,936	12,234
Below-market rent and other intangible liabilities, net (inclusive of $354 and $365, respectively, attributable to VIEs)	101,193	104,722
Due to affiliates	12,407	12,634
Distributions payable	54,182	53,378
Total liabilities	$ 2,239,942	$ 2,220,500
Commitments and contingencies (Note 12)
CPA®:17 – Global stockholders’ equity:
Preferred stock, $0.001 par value; 50,000,000 shares authorized; none issued	$ 0	$ 0
Common stock, $0.001 par value; 900,000,000 shares authorized; 343,364,132 and 336,843,388 shares issued, respectively; and 333,426,101 and 328,480,839 shares outstanding, respectively	343	337
Additional paid-in-capital	3,093,255	3,033,283
Distributions in excess of accumulated earnings	(632,889)	(567,806)
Accumulated other comprehensive loss	(121,342)	(81,007)
Less: treasury stock at cost, 9,938,031 and 8,362,549 shares, respectively	(92,282)	(77,852)
Total CPA:17 - Global stockholders' equity	2,247,085	2,306,955
Noncontrolling interests	89,631	78,442
Total equity	2,336,716	2,385,397
Total liabilities and equity	$ 4,576,658	$ 4,605,897