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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
(Dollars in thousands, except per share amounts)
 
Three Months Ended
 
March 31, 2014 (a)
 
June 30, 2014 (a)
 
September 30, 2014 (a)
 
December 31, 2014
Revenues
$
6,694

 
$
12,647

 
$
14,882

 
$
20,094

Expenses
23,091

 
12,099

 
18,580

 
41,361

Net loss
(18,443
)
 
(3,110
)
 
(9,465
)
 
(25,538
)
Net loss (income) attributable to noncontrolling interests
3,773

 
(1,248
)
 
(1,136
)
 
(700
)
Net loss attributable to CPA®:18 – Global
$
(14,670
)
 
$
(4,358
)
 
$
(10,601
)
 
$
(26,238
)
 
 
 
 
 
 
 
 
Class A common stock
 
 
 
 
 
 
 
Loss per share (b)
$
(0.35
)
 
$
(0.05
)
 
$
(0.10
)
 
$
(0.22
)
Weighted-average shares outstanding
38,001,011

 
77,300,223

 
99,007,256

 
99,836,316

Distributions declared per share
$
0.1562

 
$
0.1562

 
$
0.1562

 
$
0.1562

 
 
 
 
 
 
 
 
Class C common stock
 
 
 
 
 
 
 
Loss per share (b)
$
(0.37
)
 
$
(0.07
)
 
$
(0.12
)
 
$
(0.25
)
Weighted-average shares outstanding
3,820,432

 
6,126,012

 
9,925,481

 
15,376,487

Distributions declared per share
$
0.1329

 
$
0.1329

 
$
0.1329

 
$
0.1329

 
 
 
 
 
 
 
 
 
Three Months Ended
 
March 31, 2013
 
June 30, 2013
 
September 30, 2013
 
December 31, 2013
Revenues
$

 
$

 
$
947

 
$
2,345

Expenses

 
65

 
604

 
1,635

Net loss

 
(65
)
 
(72
)
 
(104
)
Net income attributable to noncontrolling interests

 

 
(66
)
 
(324
)
Net loss attributable to CPA®:18 – Global
$

 
$
(65
)
 
$
(138
)
 
$
(428
)
 
 
 
 
 
 
 
 
Class A common stock
 
 
 
 
 
 
 
Loss per share (b)
$

 
$
(2.81
)
 
$
(0.18
)
 
$
(0.03
)
Weighted-average shares outstanding

 
23,222

 
616,292

 
10,469,534

Distributions declared per share
$

 
$

 
$
0.1155

 
$
0.1562

 
 
 
 
 
 
 
 
Class C common stock
 
 
 
 
 
 
 
Loss per share (b)
$

 
$

 
$
(0.20
)
 
$
(0.05
)
Weighted-average shares outstanding

 

 
149,294

 
1,825,374

Distributions declared per share
$

 
$

 
$
0.0982

 
$
0.1329

___________
(a)
As discussed in Note 2, we identified certain errors in the consolidated financial statements for the quarterly periods in 2014. As a result, we recorded revision adjustments to the amounts previously reported, which aggregated to an increase to Net loss of $0.5 million, $0.1 million, and $3.0 million; an increase to Net loss (income) attributable to noncontrolling interests of less than $0.1 million, less than $(0.1) million, and zero; an increase to Net loss attributable to CPA®:18 – Global of $0.4 million, $0.2 million, and $3.0 million; and an increase of $0.01, zero, and $0.03 to loss per share for each of Class A and Class C, for the three months ended March 31, 2014, June 30, 2014, and September 30, 2014, respectively. In our quarterly reports for the periods ending March 31, 2015, June 30, 2015, and September 30, 2015 we will revise the presentation of the periods ended March 31, 2014, June 30, 2014, and September 30, 2014 to reflect these revision adjustments.
(b)
The sum of the quarterly Loss per share does not agree to the annual Loss per share for both 2014 and 2013 due to the issuances of our common stock that occurred during such periods.