2.4.0.6 Html 356 346 1 false 127 0 false 8 false false R1.htm 0001000 - Document - Document and Entity Information Sheet http://americanrealtycap.com/role/DocumentAndEntityInformation Document and Entity Information true false R2.htm 1001000 - Statement - CONSOLIDATED BALANCE SHEETS Sheet http://americanrealtycap.com/role/ConsolidatedBalanceSheets CONSOLIDATED BALANCE SHEETS false false R3.htm 1001501 - Statement - CONSOLIDATED BALANCE SHEETS (Parenthetical) Sheet http://americanrealtycap.com/role/ConsolidatedBalanceSheetsParenthetical CONSOLIDATED BALANCE SHEETS (Parenthetical) false false R4.htm 1002000 - Statement - CONSOLIDATED STATEMENTS OF OPERATIONS Sheet http://americanrealtycap.com/role/ConsolidatedStatementsOfOperations CONSOLIDATED STATEMENTS OF OPERATIONS false false R5.htm 1003000 - Statement - CONSOLIDATED STATEMENT OF CHANGES IN EQUITY Sheet http://americanrealtycap.com/role/ConsolidatedStatementOfChangesInEquity CONSOLIDATED STATEMENT OF CHANGES IN EQUITY false false R6.htm 1004000 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS Sheet http://americanrealtycap.com/role/ConsolidatedStatementsOfCashFlows CONSOLIDATED STATEMENTS OF CASH FLOWS false false R7.htm 2102100 - Disclosure - Summary of Significant Accounting Policies Sheet http://americanrealtycap.com/role/SummaryOfSignificantAccountingPolicies Summary of Significant Accounting Policies false false R8.htm 2103100 - Disclosure - Real Estate Investments Sheet http://americanrealtycap.com/role/RealEstateInvestments Real Estate Investments false false R9.htm 2104100 - Disclosure - Revolving Credit Facility Sheet http://americanrealtycap.com/role/RevolvingCreditFacility Revolving Credit Facility false false R10.htm 2105100 - Disclosure - Notes Payable Notes http://americanrealtycap.com/role/NotesPayable Notes Payable false false R11.htm 2106100 - Disclosure - Mortgage Notes Payable Notes http://americanrealtycap.com/role/MortgageNotesPayable Mortgage Notes Payable false false R12.htm 2107100 - Disclosure - Fair Value of Financial Instruments Sheet http://americanrealtycap.com/role/FairValueOfFinancialInstruments Fair Value of Financial Instruments false false R13.htm 2108100 - Disclosure - Derivatives and Hedging Activities Sheet http://americanrealtycap.com/role/DerivativesAndHedgingActivities Derivatives and Hedging Activities false false R14.htm 2109100 - Disclosure - Common Stock Sheet http://americanrealtycap.com/role/CommonStock Common Stock false false R15.htm 2110100 - Disclosure - Commitments and Contingencies Sheet http://americanrealtycap.com/role/CommitmentsAndContingencies Commitments and Contingencies false false R16.htm 2111100 - Disclosure - Related Party Transactions and Arrangements Sheet http://americanrealtycap.com/role/RelatedPartyTransactionsAndArrangements Related Party Transactions and Arrangements false false R17.htm 2112100 - Disclosure - Economic Dependency Sheet http://americanrealtycap.com/role/EconomicDependency Economic Dependency false false R18.htm 2113100 - Disclosure - Share-Based Compensation Sheet http://americanrealtycap.com/role/ShareBasedCompensation Share-Based Compensation false false R19.htm 2114100 - Disclosure - Net Loss Per Share Sheet http://americanrealtycap.com/role/NetLossPerShare Net Loss Per Share false false R20.htm 2115100 - Disclosure - Non-controlling Interests Sheet http://americanrealtycap.com/role/NonControllingInterests Non-controlling Interests false false R21.htm 2116100 - Disclosure - Quarterly Results (Unaudited) (Notes) Notes http://americanrealtycap.com/role/QuarterlyResultsUnauditedNotes Quarterly Results (Unaudited) (Notes) false false R22.htm 2117100 - Disclosure - Subsequent Events Sheet http://americanrealtycap.com/role/SubsequentEvents Subsequent Events false false R23.htm 2118100 - Schedule - Schedule III Real Estate and Accumulated Depreciation (Notes) Notes http://americanrealtycap.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationNotes Schedule III Real Estate and Accumulated Depreciation (Notes) false false R24.htm 2202201 - Disclosure - Summary of Significant Accounting Policies (Policies) Sheet http://americanrealtycap.com/role/SummaryOfSignificantAccountingPoliciesPolicies Summary of Significant Accounting Policies (Policies) false false R25.htm 2302302 - Disclosure - Summary of Significant Accounting Policies Summary of Significant Accounting Policies (Tables) Sheet http://americanrealtycap.com/role/SummaryOfSignificantAccountingPoliciesSummaryOfSignificantAccountingPoliciesTables Summary of Significant Accounting Policies Summary of Significant Accounting Policies (Tables) false false R26.htm 2303301 - Disclosure - Real Estate Investments (Tables) Sheet http://americanrealtycap.com/role/RealEstateInvestmentsTables Real Estate Investments (Tables) false false R27.htm 2306301 - Disclosure - Mortgage Notes Payable (Tables) Notes http://americanrealtycap.com/role/MortgageNotesPayableTables Mortgage Notes Payable (Tables) false false R28.htm 2307301 - Disclosure - Fair Value of Financial Instruments (Tables) Sheet http://americanrealtycap.com/role/FairValueOfFinancialInstrumentsTables Fair Value of Financial Instruments (Tables) false false R29.htm 2308301 - Disclosure - Derivatives and Hedging Activities (Tables) Sheet http://americanrealtycap.com/role/DerivativesAndHedgingActivitiesTables Derivatives and Hedging Activities (Tables) false false R30.htm 2310301 - Disclosure - Commitments and Contingencies Commitments and Contingencies (Tables) Sheet http://americanrealtycap.com/role/CommitmentsAndContingenciesCommitmentsAndContingenciesTables Commitments and Contingencies Commitments and Contingencies (Tables) false false R31.htm 2311301 - Disclosure - Related Party Transactions and Arrangements (Tables) Sheet http://americanrealtycap.com/role/RelatedPartyTransactionsAndArrangementsTables Related Party Transactions and Arrangements (Tables) false false R32.htm 2313301 - Disclosure - Share-Based Compensation (Tables) Sheet http://americanrealtycap.com/role/ShareBasedCompensationTables Share-Based Compensation (Tables) false false R33.htm 2314301 - Disclosure - Net Loss Per Share (Tables) Sheet http://americanrealtycap.com/role/NetLossPerShareTables Net Loss Per Share (Tables) false false R34.htm 2316301 - Disclosure - Quarterly Results (Unaudited) (Tables) Sheet http://americanrealtycap.com/role/QuarterlyResultsUnauditedTables Quarterly Results (Unaudited) (Tables) false false R35.htm 2317301 - Disclosure - Subsequent Events (Tables) Sheet http://americanrealtycap.com/role/SubsequentEventsTables Subsequent Events (Tables) false false R36.htm 2401401 - Disclosure - Organization (Details) Sheet http://americanrealtycap.com/role/OrganizationDetails Organization (Details) false false R37.htm 2402403 - Disclosure - Summary of Significant Accounting Policies Schedule of Intangible Assets (Details) Sheet http://americanrealtycap.com/role/SummaryOfSignificantAccountingPoliciesScheduleOfIntangibleAssetsDetails Summary of Significant Accounting Policies Schedule of Intangible Assets (Details) false false R38.htm 2402404 - Disclosure - Summary of Significant Accounting Policies Summary of Significant Accounting Policies (Details) Sheet http://americanrealtycap.com/role/SummaryOfSignificantAccountingPoliciesSummaryOfSignificantAccountingPoliciesDetails Summary of Significant Accounting Policies Summary of Significant Accounting Policies (Details) false false R39.htm 2402405 - Disclosure - Summary of Significant Accounting Policies Schedule of Shares Repurchased (Details) Sheet http://americanrealtycap.com/role/SummaryOfSignificantAccountingPoliciesScheduleOfSharesRepurchasedDetails Summary of Significant Accounting Policies Schedule of Shares Repurchased (Details) false false R40.htm 2403402 - Disclosure - Real Estate Investments (Assets and Liabilities Assumed) (Details) Sheet http://americanrealtycap.com/role/RealEstateInvestmentsAssetsAndLiabilitiesAssumedDetails Real Estate Investments (Assets and Liabilities Assumed) (Details) false false R41.htm 2403403 - Disclosure - Real Estate Investments Real Estate Investments (Purchase Price of Acquired Properties) (Details) Sheet http://americanrealtycap.com/role/RealEstateInvestmentsRealEstateInvestmentsPurchasePriceOfAcquiredPropertiesDetails Real Estate Investments Real Estate Investments (Purchase Price of Acquired Properties) (Details) false false R42.htm 2403404 - Disclosure - Real Estate Investments (Proforma Revenue and Losses, Disclosure) (Details) Sheet http://americanrealtycap.com/role/RealEstateInvestmentsProformaRevenueAndLossesDisclosureDetails Real Estate Investments (Proforma Revenue and Losses, Disclosure) (Details) false false R43.htm 2403405 - Disclosure - Real Estate Investments (Schedule of Future Minimum Rental Payments for Operating Lease) (Details) Sheet http://americanrealtycap.com/role/RealEstateInvestmentsScheduleOfFutureMinimumRentalPaymentsForOperatingLeaseDetails Real Estate Investments (Schedule of Future Minimum Rental Payments for Operating Lease) (Details) false false R44.htm 2403406 - Disclosure - Real Estate Investments (Schedule of Annualized Rental Income by Major Tenant) (Details) Sheet http://americanrealtycap.com/role/RealEstateInvestmentsScheduleOfAnnualizedRentalIncomeByMajorTenantDetails Real Estate Investments (Schedule of Annualized Rental Income by Major Tenant) (Details) false false R45.htm 2404401 - Disclosure - Revolving Credit Facility (Details) Sheet http://americanrealtycap.com/role/RevolvingCreditFacilityDetails Revolving Credit Facility (Details) false false R46.htm 2405401 - Disclosure - Notes Payable (Details) Notes http://americanrealtycap.com/role/NotesPayableDetails Notes Payable (Details) false false R47.htm 2406402 - Disclosure - Mortgage Notes Payable (Schedule of Mortgage Notes Payable) (Details) Notes http://americanrealtycap.com/role/MortgageNotesPayableScheduleOfMortgageNotesPayableDetails Mortgage Notes Payable (Schedule of Mortgage Notes Payable) (Details) false false R48.htm 2406403 - Disclosure - Mortgage Notes Payable (Schedule Of Aggregate Future Principal Payments On Mortgage Notes Payable) (Details) Notes http://americanrealtycap.com/role/MortgageNotesPayableScheduleOfAggregateFuturePrincipalPaymentsOnMortgageNotesPayableDetails Mortgage Notes Payable (Schedule Of Aggregate Future Principal Payments On Mortgage Notes Payable) (Details) false false R49.htm 2407402 - Disclosure - Fair Value of Financial Instruments (Schedule of Fair Value, Liabilities Measured on Recurring Basis) (Details) Sheet http://americanrealtycap.com/role/FairValueOfFinancialInstrumentsScheduleOfFairValueLiabilitiesMeasuredOnRecurringBasisDetails Fair Value of Financial Instruments (Schedule of Fair Value, Liabilities Measured on Recurring Basis) (Details) false false R50.htm 2407403 - Disclosure - Fair Value of Financial Instruments (Fair Value, by Balance Sheet Grouping) (Details) Sheet http://americanrealtycap.com/role/FairValueOfFinancialInstrumentsFairValueByBalanceSheetGroupingDetails Fair Value of Financial Instruments (Fair Value, by Balance Sheet Grouping) (Details) false false R51.htm 2408402 - Disclosure - Derivatives and Hedging Activities (Schedule Of Interest Rate Derivative) (Details) Sheet http://americanrealtycap.com/role/DerivativesAndHedgingActivitiesScheduleOfInterestRateDerivativeDetails Derivatives and Hedging Activities (Schedule Of Interest Rate Derivative) (Details) false false R52.htm 2408403 - Disclosure - Derivatives and Hedging Activities (Schedule of Derivative Instruments in Statement of Financial Position, Fair Value) (Details) Sheet http://americanrealtycap.com/role/DerivativesAndHedgingActivitiesScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueDetails Derivatives and Hedging Activities (Schedule of Derivative Instruments in Statement of Financial Position, Fair Value) (Details) false false R53.htm 2408404 - Disclosure - Derivatives and Hedging Activities (Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance) (Details) Sheet http://americanrealtycap.com/role/DerivativesAndHedgingActivitiesScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceDetails Derivatives and Hedging Activities (Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance) (Details) false false R54.htm 2408405 - Disclosure - Derivatives and Hedging Activities (Narrative) (Details) Sheet http://americanrealtycap.com/role/DerivativesAndHedgingActivitiesNarrativeDetails Derivatives and Hedging Activities (Narrative) (Details) false false R55.htm 2409401 - Disclosure - Common Stock (Details) Sheet http://americanrealtycap.com/role/CommonStockDetails Common Stock (Details) false false R56.htm 2410402 - Disclosure - Commitments and Contingencies Commitments and Contingencies (Details) Sheet http://americanrealtycap.com/role/CommitmentsAndContingenciesCommitmentsAndContingenciesDetails Commitments and Contingencies Commitments and Contingencies (Details) false false R57.htm 2410403 - Disclosure - Commitments and Contingencies Scheudle of Future Minimum Rental Payments (Details) Sheet http://americanrealtycap.com/role/CommitmentsAndContingenciesScheudleOfFutureMinimumRentalPaymentsDetails Commitments and Contingencies Scheudle of Future Minimum Rental Payments (Details) false false R58.htm 2411402 - Disclosure - Related Party Transactions and Arrangements (Details) Sheet http://americanrealtycap.com/role/RelatedPartyTransactionsAndArrangementsDetails Related Party Transactions and Arrangements (Details) false false R59.htm 2411403 - Disclosure - Related Party Transactions and Arrangements (Schedule of Amount Contractually Due and Forgiven in Connection With Operation Related Services) (Details) Sheet http://americanrealtycap.com/role/RelatedPartyTransactionsAndArrangementsScheduleOfAmountContractuallyDueAndForgivenInConnectionWithOperationRelatedServicesDetails Related Party Transactions and Arrangements (Schedule of Amount Contractually Due and Forgiven in Connection With Operation Related Services) (Details) false false R60.htm 2413402 - Disclosure - Share-Based Compensation (Details) Sheet http://americanrealtycap.com/role/ShareBasedCompensationDetails Share-Based Compensation (Details) false false R61.htm 2413403 - Disclosure - Share-Based Compensation Restricted Stock Activity (Details) Sheet http://americanrealtycap.com/role/ShareBasedCompensationRestrictedStockActivityDetails Share-Based Compensation Restricted Stock Activity (Details) false false R62.htm 2414402 - Disclosure - Net Loss Per Share (Schedule of Earnings Per Share, Basic and Diluted) (Details) Sheet http://americanrealtycap.com/role/NetLossPerShareScheduleOfEarningsPerShareBasicAndDilutedDetails Net Loss Per Share (Schedule of Earnings Per Share, Basic and Diluted) (Details) false false R63.htm 2414403 - Disclosure - Net Loss Per Share (Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share) (Details) Sheet http://americanrealtycap.com/role/NetLossPerShareScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareDetails Net Loss Per Share (Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share) (Details) false false R64.htm 2415401 - Disclosure - Non-controlling Interests (Details) Sheet http://americanrealtycap.com/role/NonControllingInterestsDetails Non-controlling Interests (Details) false false R65.htm 2416402 - Disclosure - Quarterly Results (Unaudited) (Details) Sheet http://americanrealtycap.com/role/QuarterlyResultsUnauditedDetails Quarterly Results (Unaudited) (Details) false false R66.htm 2417402 - Disclosure - Subsequent Events (Details) Sheet http://americanrealtycap.com/role/SubsequentEventsDetails Subsequent Events (Details) false false R67.htm 2417403 - Disclosure - Subsequent Events (Schedule of Stockholders Equity) (Details) Sheet http://americanrealtycap.com/role/SubsequentEventsScheduleOfStockholdersEquityDetails Subsequent Events (Schedule of Stockholders Equity) (Details) false false R68.htm 2418401 - Schedule - Schedule III Real Estate and Accumulated Depreciation (Details) Sheet http://americanrealtycap.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails Schedule III Real Estate and Accumulated Depreciation (Details) false false All Reports Book All Reports Element arct_RepurchasePriceShareRepurchaseProgramPercentageOfValueOfCapitalPaid had a mix of decimals attribute values: 2 3. Element us-gaap_DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure had a mix of decimals attribute values: -3 0. Element us-gaap_DueFromAffiliates had a mix of decimals attribute values: -5 -3. Element us-gaap_NotesPayable had a mix of decimals attribute values: -5 -3. Element us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted had a mix of decimals attribute values: -3 0. 'Monetary' elements on report '1004000 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS' had a mix of different decimal attribute values. 'Shares' elements on report '2401401 - Disclosure - Organization (Details)' had a mix of different decimal attribute values. 'Monetary' elements on report '2402404 - Disclosure - Summary of Significant Accounting Policies Summary of Significant Accounting Policies (Details)' had a mix of different decimal attribute values. 'Monetary' elements on report '2411402 - Disclosure - Related Party Transactions and Arrangements (Details)' had a mix of different decimal attribute values. 'Shares' elements on report '2413402 - Disclosure - Share-Based Compensation (Details)' had a mix of different decimal attribute values. 'Monetary' elements on report '2415401 - Disclosure - Non-controlling Interests (Details)' had a mix of different decimal attribute values. 'Monetary' elements on report '2417402 - Disclosure - Subsequent Events (Details)' had a mix of different decimal attribute values. 'Monetary' elements on report '2418401 - Schedule - Schedule III Real Estate and Accumulated Depreciation (Details)' had a mix of different decimal attribute values. Process Flow-Through: 1001000 - Statement - CONSOLIDATED BALANCE SHEETS Process Flow-Through: Removing column 'Dec. 31, 2010' Process Flow-Through: Removing column 'Jun. 22, 2010' Process Flow-Through: Removing column 'Dec. 31, 2009' Process Flow-Through: 1001501 - Statement - CONSOLIDATED BALANCE SHEETS (Parenthetical) Process Flow-Through: Removing column 'Sep. 02, 2010' Process Flow-Through: 1002000 - Statement - CONSOLIDATED STATEMENTS OF OPERATIONS Process Flow-Through: Removing column '3 Months Ended Dec. 31, 2012' Process Flow-Through: Removing column '3 Months Ended Sep. 30, 2012' Process Flow-Through: Removing column '3 Months Ended Jun. 30, 2012' Process Flow-Through: Removing column '3 Months Ended Mar. 31, 2012' Process Flow-Through: Removing column '3 Months Ended Dec. 31, 2011' Process Flow-Through: Removing column '3 Months Ended Sep. 30, 2011' Process Flow-Through: Removing column '3 Months Ended Jun. 30, 2011' Process Flow-Through: Removing column '3 Months Ended Mar. 31, 2011' Process Flow-Through: Removing column '3 Months Ended Dec. 31, 2010' Process Flow-Through: Removing column '3 Months Ended Sep. 30, 2010' Process Flow-Through: Removing column '3 Months Ended Jun. 30, 2010' Process Flow-Through: Removing column '3 Months Ended Mar. 31, 2010' Process Flow-Through: 1004000 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS arct-20121231.xml arct-20121231.xsd arct-20121231_cal.xml arct-20121231_def.xml arct-20121231_lab.xml arct-20121231_pre.xml true true