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Agreements and Transactions with Related Parties (Narratives) (Details) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Acquisitions and Disposition Fees              
Deferred acquisition fees $ 434,000 $ 2,003,000 $ 445,000 $ 3,732,000      
Current acquisition fees $ 543,000 $ 2,504,000 $ 557,000 4,938,000      
Preferred return by advisor     5.00%        
Interest rate on unpaid deferred acquisition fees     5.00%        
Asset Management Fees and Available Cash Distributions              
Net asset value (per share)         $ 10.24    
Percentage of asset management fees paid in cash     50.00%        
Percentage of asset management fees paid in shares     50.00%        
Common stock shares outstanding 340,970,041   340,970,041   337,065,419    
Percentage of available cash distribution to advisor     10.00%        
Personnel And Office Rent Reimbursement              
Maximum personnel and overhead reimbursement, percentage 2.20%   2.20%   2.40%    
Legal fee reimbursement rate 0.25%   0.25%        
Line of credit, maximum borrowing capacity $ 230,000,000   $ 230,000,000     $ 250,000,000  
Noncash              
Acquisitions and Disposition Fees              
Deferred acquisition fees     400,000 2,300,000      
Current acquisition fees     $ 200,000 $ 300,000      
Average invested assets              
Personnel And Office Rent Reimbursement              
Percentage of operating expenses reimbursements     2.00%        
Adjusted net income              
Personnel And Office Rent Reimbursement              
Percentage of operating expenses reimbursements     25.00%        
Long-term net lease              
Acquisitions and Disposition Fees              
Percentage of acquisition fees     4.50%        
Long-term net lease | Average market value              
Asset Management Fees and Available Cash Distributions              
Percentage of asset management fees     0.50%        
Long-term net lease | Current              
Acquisitions and Disposition Fees              
Percentage of acquisition fees     2.50%        
Long-term net lease | Deferred              
Acquisitions and Disposition Fees              
Percentage of acquisition fees     2.00%        
Minimum              
Personnel And Office Rent Reimbursement              
Ownership interest, percentage 7.00%   7.00%        
Minimum | Average equity value              
Asset Management Fees and Available Cash Distributions              
Percentage of asset management fees     1.50%        
Minimum | Non-long term net lease              
Acquisitions and Disposition Fees              
Percentage of acquisition fees     1.00%        
Maximum              
Personnel And Office Rent Reimbursement              
Ownership interest, percentage 97.00%   97.00%        
Maximum | Real estate commission              
Acquisitions and Disposition Fees              
Percentage of subordinated disposition fees     50.00%        
Maximum | Contract sales price of investment              
Acquisitions and Disposition Fees              
Percentage of subordinated disposition fees     3.00%        
Maximum | Average equity value              
Asset Management Fees and Available Cash Distributions              
Percentage of asset management fees     1.75%        
Maximum | Non-long term net lease              
Acquisitions and Disposition Fees              
Percentage of acquisition fees     1.75%        
Advisor              
Asset Management Fees and Available Cash Distributions              
Common stock shares outstanding 11,142,201   11,142,201        
Percentage of total common stock outstanding held by related party     3.30%        
WPC              
Personnel And Office Rent Reimbursement              
Line of credit, maximum borrowing capacity             $ 75,000,000.0
Post 2016              
Personnel And Office Rent Reimbursement              
Maximum personnel and overhead reimbursement, percentage 2.00%   2.00%