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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 193,863 $ 181,650
Adjustments to net income:    
Depreciation and amortization 278,124 221,476
Income from discontinued operations (3,097) (50,831)
Amortization of share-based compensation 7,653 14,235
Non-cash rental adjustments (5,390) (3,862)
Amortization of net premiums on mortgages payable (10,843) (6,959)
Amortization of deferred financing costs 8,027 6,682
Gain on sales of real estate (14,211)  
Provisions for impairment on real estate 2,676 290
Cash provided by discontinued operations:    
Real estate 490 4,809
Proceeds from sale of real estate 820  
Change in assets and liabilities, other than from the impact of our acquisition of American Realty Capital Trust, Inc., or ARCT    
Accounts receivable and other assets 12,420 1,481
Accounts payable, accrued expenses and other liabilities (30,451) (23,304)
Net cash provided by operating activities 440,081 345,667
CASH FLOWS FROM INVESTING ACTIVITIES    
Investment in real estate, net of cash acquired (1,076,391) (1,286,384)
Improvements to real estate, including leasing costs (4,538) (5,902)
Proceeds from sales of real estate:    
Continuing operations 46,644 8
Discontinued operations 6,918 98,768
Collection (issuance) of loans receivable 350 (10,551)
Restricted escrow deposits for Section 1031 tax-deferred exchanges and pending acquisitions (27,340) (7,344)
Net cash used in investing activities (1,054,357) (1,211,405)
CASH FLOWS FROM FINANCING ACTIVITIES    
Cash distributions to common stockholders (356,735) (298,544)
Cash dividends to preferred stockholders (31,447) (31,447)
Borrowings on line of credit 1,359,121 2,096,300
Payments on line of credit (1,442,121) (1,785,900)
Proceeds from notes and bonds payable issued 598,594 750,000
Principal payment on notes payable   (100,000)
Principal payments on mortgages payable (77,619) (16,207)
Proceeds from term loan   70,000
Repayment of ARCT line of credit   (317,207)
Repayment of ARCT term loan   (235,000)
Proceeds from common stock offerings, net 528,615 755,085
Distributions to noncontrolling interests (1,390) (751)
Debt issuance costs (5,609) (9,150)
Proceeds from dividend reinvestment and stock purchase plan, net 56,580 3,827
Other items, including shares withheld upon vesting (7,034) (10,556)
Net cash provided by financing activities 620,955 870,450
Net increase in cash and cash equivalents 6,679 4,712
Cash and cash equivalents, beginning of period 10,257 5,248
Cash and cash equivalents, end of period $ 16,936 $ 9,960