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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Real estate investments, at cost:    
Land $ 326,696us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfLand $ 44,647us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfLand
Buildings, fixtures and improvements 1,519,558us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements 104,362us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
Construction in progress 9,706us-gaap_ConstructionInProgressGross 0us-gaap_ConstructionInProgressGross
Acquired intangible lease assets 484,079us-gaap_FiniteLivedIntangibleAssetAcquiredInPlaceLeases 47,899us-gaap_FiniteLivedIntangibleAssetAcquiredInPlaceLeases
Total real estate investments, at cost 2,340,039us-gaap_RealEstateInvestmentPropertyAtCost 196,908us-gaap_RealEstateInvestmentPropertyAtCost
Less accumulated depreciation and amortization (42,568)us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation (2,307)us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation
Total real estate investments, net 2,297,471us-gaap_RealEstateInvestmentPropertyNet 194,601us-gaap_RealEstateInvestmentPropertyNet
Cash and cash equivalents 64,684us-gaap_Cash 11,500us-gaap_Cash
Restricted cash 6,104us-gaap_RestrictedCashAndCashEquivalents 737us-gaap_RestrictedCashAndCashEquivalents
Derivatives, at fair value 13,638us-gaap_DerivativeAssets 734us-gaap_DerivativeAssets
Investment securities, at fair value 490us-gaap_InvestmentOwnedAtFairValue 0us-gaap_InvestmentOwnedAtFairValue
Receivable for sale of common stock 0us-gaap_CommonStockShareSubscribedButUnissuedSubscriptionsReceivable 1,766us-gaap_CommonStockShareSubscribedButUnissuedSubscriptionsReceivable
Prepaid expenses and other assets 24,873us-gaap_PrepaidExpenseAndOtherAssets 3,454us-gaap_PrepaidExpenseAndOtherAssets
Due from affiliates 500us-gaap_DueFromAffiliates  
Deferred tax asset 2,102us-gaap_DeferredTaxAssetsLiabilitiesNet 0us-gaap_DeferredTaxAssetsLiabilitiesNet
Goodwill and other intangible assets 3,665us-gaap_IntangibleAssetsNetIncludingGoodwill 0us-gaap_IntangibleAssetsNetIncludingGoodwill
Deferred costs, net 15,270us-gaap_DeferredCostsCurrentAndNoncurrent 2,135us-gaap_DeferredCostsCurrentAndNoncurrent
Total assets 2,428,797us-gaap_Assets 214,927us-gaap_Assets
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)    
Mortgage notes payable 281,186us-gaap_SecuredDebt 76,904us-gaap_SecuredDebt
Mortgage premium, net 1,165arct_PremiumonMortgageNotesAssumed 1,663arct_PremiumonMortgageNotesAssumed
Credit facility 659,268us-gaap_LineOfCredit 0us-gaap_LineOfCredit
Below-market lease liability, net 21,676us-gaap_OffMarketLeaseUnfavorable 5,854us-gaap_OffMarketLeaseUnfavorable
Derivatives, at fair value 6,115us-gaap_DerivativeFairValueOfDerivativeLiability 2,565us-gaap_DerivativeFairValueOfDerivativeLiability
Due to affiliates 400us-gaap_DueToAffiliateCurrentAndNoncurrent 0us-gaap_DueToAffiliateCurrentAndNoncurrent
Accounts payable and accrued expenses 19,357us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent 2,519us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
Deferred rent 12,252us-gaap_DeferredRevenueLeasesGross 1,862us-gaap_DeferredRevenueLeasesGross
Distributions payable 10,709us-gaap_DividendsPayableCurrentAndNoncurrent 840us-gaap_DividendsPayableCurrentAndNoncurrent
Total liabilities 1,012,128us-gaap_Liabilities 92,207us-gaap_Liabilities
Commitments and contingencies (Note 9) 0us-gaap_CommitmentsAndContingencies 0us-gaap_CommitmentsAndContingencies
Preferred stock, $0.01 par value, 50,000,000 authorized, none issued and outstanding at December 31, 2014 and December 31, 2013 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common stock, $0.01 par value, 300,000,000 shares authorized, 177,933,175 and 15,665,827 shares issued and outstanding at December 31, 2014 and December 31, 2013, respectively 1,782us-gaap_CommonStockValue 157us-gaap_CommonStockValue
Additional paid-in capital 1,575,592us-gaap_AdditionalPaidInCapital 133,592us-gaap_AdditionalPaidInCapital
Accumulated other comprehensive income (loss) (5,589)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 319us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Accumulated deficit (155,116)us-gaap_RetainedEarningsAccumulatedDeficit (11,348)us-gaap_RetainedEarningsAccumulatedDeficit
Total stockholders' equity 1,416,669us-gaap_StockholdersEquity 122,720us-gaap_StockholdersEquity
Total liabilities and stockholders' equity $ 2,428,797us-gaap_LiabilitiesAndStockholdersEquity $ 214,927us-gaap_LiabilitiesAndStockholdersEquity