2.4.0.81130 - Disclosure - Subsequent Eventstruefalsefalse1false falsefalseD2013Q2YTDhttp://www.sec.gov/CIK0001455650duration2013-01-01T00:00:002013-06-30T00:00:001true 1us-gaap_SubsequentEventsAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0Subsequent Events2false 2us-gaap_SubsequentEventsTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1falsefalsefalse00<div style="font-size:10.0pt;font-family:Times New Roman;"> 13. Subsequent Events Status of the Offering         On July 1, 2013, the Company completed its Total Primary Offering. For the period from inception through the completion of the Total Primary Offering, the Company raised gross proceeds from the Total Offering of $1,128.4 million. Distribution Reinvestment Plan         On July 1, 2013, the Company issued 0.3 million shares representing all remaining shares available pursuant to the DRP. The Company intends to continue to offer shares pursuant to the DRP beyond the Total Primary Offering. As a result, the Company filed a registration statement on Form S-3 with the SEC to issue an additional 15.0 million shares pursuant to the DRP, which was declared effective on July 3, 2013. Distributions         On August 6, 2013, the board of directors of the Company approved a daily cash distribution of $0.002191781 per share of common stock, which is equivalent to an annual distribution rate of 8.0%, for each of the three months ended December 31, 2013. The distribution will be paid in cumulative amounts to the stockholders of record entitled to receive such distribution on November 1, 2013, December 2, 2013 and January 2, 2014. Share Repurchases         In July 2013, the Company repurchased 0.1 million shares for a total of $1.2 million or a weighted average price of $9.80 per share under the Share Repurchase Program. Sponsor Purchase of Common Stock         In August 2013, the Company determined that the Sponsor was not required to purchase shares pursuant to the Distribution Support Agreement for the three months ended June 30, 2013. The Distribution Support Agreement expired on July 19, 2013. PE Investment II         On July 3, 2013, PE Investment II completed the initial closing and the Company funded $76.5 million (including its proportionate interest of the $50.0 million deposit made in June 2013), excluding adjustments for distributions and contributions since September 30, 2012. The Company is entitled to its proportionate share of distributions and obligated to make its proportionate share of contributions from September 30, 2012 until the closing of each fund interest. New Investments         Subsequent to quarter end, the Company originated one first mortgage loan with a principal amount of $27.8 million and one mezzanine loan with a principal amount of $66.5 million. Advisory Agreement         Effective July 19, 2013, the advisory agreement among the Company, the Operating Partnership, the Advisor and the Sponsor was renewed through July 18, 2014 upon terms identical to those in effect through July 18, 2013. Pursuant to the agreement, the Advisor will continue to perform day-to-day operational and administrative services for the Company, including services relating to asset management, acquisitions and investor relations. </div>falsefalsefalsenonnum:textBlockItemTypenaThe entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.No definition available.false0Subsequent EventsfalseSubsequent EventsUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://www.northstarreit.com/role/DisclosureSubsequentEvents12