Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Investments in real estate:
Real estate, at cost (inclusive of $385,527 and $372,188, respectively, attributable to variable interest entities, or VIEs)	$ 1,014,254	$ 986,574
Operating real estate, at cost	512,739	490,852
Accumulated depreciation (inclusive of $14,661 and $12,139, respectively, attributable to VIEs)	(53,123)	(42,194)
Net investments in properties	1,473,870	1,435,232
Real estate under construction (inclusive of $150,729 and $119,115, respectively, attributable to VIEs)	173,760	131,930
Net investment in direct financing leases (inclusive of $12,318 and $12,684, respectively, attributable to VIEs)	51,724	51,966
Note receivable	28,000	28,000
Net investments in real estate	1,727,354	1,647,128
Cash and cash equivalents (inclusive of $20,850 and $18,356, respectively, attributable to VIEs)	135,427	117,453
In-place lease intangible assets, net (inclusive of $74,094 and $73,487, respectively, attributable to VIEs)	208,958	212,420
Other intangible assets, net (inclusive of $23,161 and $22,316, respectively, attributable to VIEs)	32,265	31,421
Goodwill	24,794	23,389
Other assets, net (inclusive of $61,605 and $65,503, respectively, attributable to VIEs)	98,317	102,872
Total assets	2,227,115	2,134,683
Liabilities:
Non-recourse debt, net (inclusive of $200,371 and $196,436, respectively, attributable to VIEs)	935,214	865,327
Bonds payable, net (inclusive of $60,022 and $56,259, respectively, attributable to VIEs)	143,070	133,886
Deferred income taxes (inclusive of $22,797 and $21,577, respectively, attributable to VIEs)	49,947	47,313
Accounts payable, accrued expenses and other liabilities (inclusive of $34,590 and $29,163, respectively, attributable to VIEs)	84,268	71,397
Due to affiliate	41,441	43,974
Distributions payable	20,251	20,078
Total liabilities	$ 1,274,191	$ 1,181,975
Commitments and contingencies (Note 11)
CPA®:18 – Global stockholders’ equity:
Preferred stock, $0.001 par value; 50,000,000 shares authorized; none issued	$ 0	$ 0
Additional paid-in capital	1,189,896	1,178,990
Distributions and accumulated losses	(270,443)	(247,995)
Accumulated other comprehensive loss	(40,267)	(50,316)
Total CPA®:18 – Global stockholders’ equity	879,320	880,812
Noncontrolling interests	73,604	71,896
Total equity	952,924	952,708
Total liabilities and equity	2,227,115	2,134,683
Class A common stock
CPA®:18 – Global stockholders’ equity:
Common stock	104	103
Total equity	104	103
Class C common stock
CPA®:18 – Global stockholders’ equity:
Common stock	30	30
Total equity	$ 30	$ 30