XML 24 R46.htm IDEA: XBRL DOCUMENT v2.4.1.9
Mortgage Note Payable - Schedule of Long-term Debt Instruments (Details) (USD $)
Dec. 31, 2014
Dec. 31, 2013
Debt Instrument [Line Items]    
Mortage notes payable $ 281,186,000us-gaap_SecuredDebt $ 76,904,000us-gaap_SecuredDebt
Unencumbered assets, carrying value 1,696,200,000arct_RealEstateandAccumulatedDepreciationUnencumberedAssets  
Mortgages    
Debt Instrument [Line Items]    
Encumbered properties 37arct_NumberOfRealEstatePropertiesEncumbered
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
 
Mortage notes payable 281,186,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
76,904,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
Effective interest rate 3.70%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
 
Rheinmetall | Mortgages    
Debt Instrument [Line Items]    
Encumbered properties 1arct_NumberOfRealEstatePropertiesEncumbered
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_RheinmetallMember
 
Mortage notes payable 12,884,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_RheinmetallMember
0us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_RheinmetallMember
Effective interest rate 2.50%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_RheinmetallMember
 
OBI DIY | Mortgages    
Debt Instrument [Line Items]    
Encumbered properties 1arct_NumberOfRealEstatePropertiesEncumbered
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_OBIDIYMember
 
Mortage notes payable 5,470,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_OBIDIYMember
0us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_OBIDIYMember
Effective interest rate 2.40%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_OBIDIYMember
 
RWE AG | Mortgages    
Debt Instrument [Line Items]    
Encumbered properties 3arct_NumberOfRealEstatePropertiesEncumbered
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_RWEMember
 
Mortage notes payable 75,969,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_RWEMember
0us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_RWEMember
Effective interest rate 1.60%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_RWEMember
 
Rexam | Mortgages    
Debt Instrument [Line Items]    
Encumbered properties 1arct_NumberOfRealEstatePropertiesEncumbered
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_RexamMember
 
Mortage notes payable 6,394,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_RexamMember
0us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_RexamMember
Effective interest rate 1.90%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_RexamMember
 
Metro Tonic | Mortgages    
Debt Instrument [Line Items]    
Encumbered properties 1arct_NumberOfRealEstatePropertiesEncumbered
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_MetroTonicMember
 
Mortage notes payable 32,211,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_MetroTonicMember
0us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_MetroTonicMember
Effective interest rate 1.70%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_MetroTonicMember
 
McDonald's | Mortgages    
Debt Instrument [Line Items]    
Encumbered properties 1arct_NumberOfRealEstatePropertiesEncumbered
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_McdonaldsMember
 
Mortage notes payable 1,180,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_McdonaldsMember
1,253,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_McdonaldsMember
Effective interest rate 4.10%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_McdonaldsMember
 
Wickes Building Supplies I | Mortgages    
Debt Instrument [Line Items]    
Encumbered properties 1arct_NumberOfRealEstatePropertiesEncumbered
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_WickesBuildingSuppliesMember
 
Mortage notes payable 3,024,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_WickesBuildingSuppliesMember
3,209,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_WickesBuildingSuppliesMember
Effective interest rate 3.70%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_WickesBuildingSuppliesMember
 
Everything Everywhere | Mortgages    
Debt Instrument [Line Items]    
Encumbered properties 1arct_NumberOfRealEstatePropertiesEncumbered
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_EverythingEverywhereMember
 
Mortage notes payable 6,213,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_EverythingEverywhereMember
6,596,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_EverythingEverywhereMember
Effective interest rate 4.00%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_EverythingEverywhereMember
 
Thames Water | Mortgages    
Debt Instrument [Line Items]    
Encumbered properties 1arct_NumberOfRealEstatePropertiesEncumbered
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_ThamesWaterUtilitiesLimitedMember
 
Mortage notes payable 9,319,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_ThamesWaterUtilitiesLimitedMember
9,894,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_ThamesWaterUtilitiesLimitedMember
Effective interest rate 4.10%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_ThamesWaterUtilitiesLimitedMember
 
Wickes Building Supplies II | Mortgages    
Debt Instrument [Line Items]    
Encumbered properties 1arct_NumberOfRealEstatePropertiesEncumbered
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_WickesBuildingSuppliesIIMember
 
Mortage notes payable 2,563,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_WickesBuildingSuppliesIIMember
2,721,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_WickesBuildingSuppliesIIMember
Effective interest rate 4.20%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_WickesBuildingSuppliesIIMember
 
Northern Rock | Mortgages    
Debt Instrument [Line Items]    
Encumbered properties 2arct_NumberOfRealEstatePropertiesEncumbered
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_NorthernRockAssetManagementLLCMember
 
Mortage notes payable 8,155,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_NorthernRockAssetManagementLLCMember
8,657,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_NorthernRockAssetManagementLLCMember
Effective interest rate 4.40%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_NorthernRockAssetManagementLLCMember
 
Wickes Building Supplies III | Mortgages    
Debt Instrument [Line Items]    
Encumbered properties 1arct_NumberOfRealEstatePropertiesEncumbered
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_WickesBuildingSuppliesIIIMember
 
Mortage notes payable 2,951,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_WickesBuildingSuppliesIIIMember
3,133,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_WickesBuildingSuppliesIIIMember
Effective interest rate 4.30%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_WickesBuildingSuppliesIIIMember
 
Provident Financial | Mortgages    
Debt Instrument [Line Items]    
Encumbered properties 1arct_NumberOfRealEstatePropertiesEncumbered
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_ProvidentFinancialMember
 
Mortage notes payable 19,804,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_ProvidentFinancialMember
0us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_ProvidentFinancialMember
Effective interest rate 4.10%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_ProvidentFinancialMember
 
Crown Crest | Mortgages    
Debt Instrument [Line Items]    
Encumbered properties 1arct_NumberOfRealEstatePropertiesEncumbered
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_CrownCrestMember
 
Mortage notes payable 29,901,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_CrownCrestMember
0us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_CrownCrestMember
Effective interest rate 4.20%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_CrownCrestMember
 
Aviva | Mortgages    
Debt Instrument [Line Items]    
Encumbered properties 1arct_NumberOfRealEstatePropertiesEncumbered
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_AvivaMember
 
Mortage notes payable 24,387,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_AvivaMember
0us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_AvivaMember
Effective interest rate 3.80%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_AvivaMember
 
Western Digital | Mortgages    
Debt Instrument [Line Items]    
Encumbered properties 1arct_NumberOfRealEstatePropertiesEncumbered
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_WesternDigitalMember
 
Mortage notes payable 18,269,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_WesternDigitalMember
18,541,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_WesternDigitalMember
Effective interest rate 3.70%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_WesternDigitalMember
 
Encanto Restaurants | Mortgages    
Debt Instrument [Line Items]    
Encumbered properties 18arct_NumberOfRealEstatePropertiesEncumbered
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_EncantoMember
 
Mortage notes payable $ 22,492,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_EncantoMember
$ 22,900,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_EncantoMember
Effective interest rate 3.00%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MortgagesMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= arct_EncantoMember