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Agreements and Transactions with Related Parties - Narratives (Details) - USD ($)
3 Months Ended
Mar. 31, 2018
Dec. 31, 2017
Jul. 31, 2016
Related Party Transaction      
Maximum line of credit approved by directors     $ 50,000,000.0
Due to Related Party      
Underwriting compensation limit (as a percentage) 10.00%    
Preferred return (as a percentage) 5.00%    
Due from advisor   $ 700,000  
Personnel and overhead reimbursement (as a percentage) 1.00% 2.00%  
Legal fee reimbursement rate 0.25%    
Distributions of available cash (as a percentage) 10.00%    
Current      
Due to Related Party      
Acquisition fees (as a percentage) 2.50%    
Deferred      
Due to Related Party      
Acquisition fees (as a percentage) 2.00%    
Interest rate on deferred acquisition fee 2.00%    
Accounts payable, accrued expenses and other liabilities      
Due to Related Party      
Estimated future payments $ 5,200,000 $ 5,700,000  
Class A common stock      
Related Party Transaction      
Net asset value (usd per share)   $ 8.36  
Number of shares held by advisor (shares) 112,099,561 111,193,651  
Class C      
Related Party Transaction      
Number of shares held by advisor (shares) 31,368,773 31,189,137  
Due to Related Party      
Shareholder servicing fee (as a percentage) 1.00%    
Real estate commission      
Due to Related Party      
Subordinated disposition fees (as a percentage) 50.00%    
Contract sales price of investment      
Due to Related Party      
Subordinated disposition fees (as a percentage) 3.00%    
Average invested asset      
Due to Related Party      
Percentage of operating expense reimbursement 2.00%    
Adjusted net income      
Due to Related Party      
Percentage of operating expense reimbursement 25.00%    
Minimum      
Due to Related Party      
Equity method investments ownership percentage 50.00%    
Minimum | Average market value of investment      
Related Party Transaction      
Asset management fees (as a percentage) 0.50%    
Maximum      
Due to Related Party      
Acquisition fees (as a percentage) 6.00%    
Equity method investments ownership percentage 99.00%    
Maximum | Average equity value of investment      
Related Party Transaction      
Asset management fees (as a percentage) 1.50%    
W.P. Carey      
Related Party Transaction      
Loan from related party $ 0 $ 0  
Advisor | Class A common stock      
Related Party Transaction      
Number of shares held by advisor (shares) 3,961,878    
Advisor owned percentage of common stock 2.80%