Agreements and Transactions with Related Parties - Narratives (Details) - USD ($)
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12 Months Ended |
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Aug. 26, 2015 |
Jul. 14, 2015 |
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
Jan. 01, 2017 |
Mar. 31, 2015 |
| Acquisitions and Disposition Fees |
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| Preferred return by advisor |
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5.00%
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| Interest rate on unpaid deferred acquisition fees |
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5.00%
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| Asset Management Fees and Available Cash Distributions |
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| Net asset value (usd per share) |
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$ 10.24
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| Percentage of asset management fees paid in cash |
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50.00%
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| Percentage of asset management fees paid in shares |
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50.00%
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100.00%
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| Common stock shares outstanding, shares |
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343,575,840
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337,065,419
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| Percentage of available cash distribution to advisor |
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10.00%
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| Personnel And Office Rent Reimbursement |
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| Maximum personnel and overhead reimbursement, percentage |
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2.20%
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2.40%
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| Legal fee reimbursement rate |
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0.25%
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| Line of credit, maximum borrowing capacity |
$ 250,000,000
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$ 200,000,000
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| Repayment of notes payable to affiliate |
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0
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$ 25,000,000
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$ 0
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| Due from affiliate |
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$ 900,000
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| Forecast |
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| Personnel And Office Rent Reimbursement |
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| Maximum personnel and overhead reimbursement, percentage |
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2.00%
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| Advisor |
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| Asset Management Fees and Available Cash Distributions |
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| Common stock shares outstanding, shares |
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11,874,009.451
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| Percentage of total common stock outstanding held by related party |
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3.50%
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| WPC |
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| Personnel And Office Rent Reimbursement |
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| Line of credit, maximum borrowing capacity |
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$ 75,000,000
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| Repayment of notes payable to affiliate |
$ 25,000,000
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| WPC | LIBOR |
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| Personnel And Office Rent Reimbursement |
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| Basis spread |
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1.10%
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| Average invested assets |
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| Personnel And Office Rent Reimbursement |
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| Percentage of operating expenses reimbursements |
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2.00%
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| Adjusted net income |
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| Personnel And Office Rent Reimbursement |
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| Percentage of operating expenses reimbursements |
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25.00%
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| Minimum |
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| Personnel And Office Rent Reimbursement |
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| Ownership interest, percentage |
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7.00%
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| Minimum | Average equity value |
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| Asset Management Fees and Available Cash Distributions |
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| Percentage of asset management fees |
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1.50%
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| Maximum |
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| Personnel And Office Rent Reimbursement |
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| Ownership interest, percentage |
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97.00%
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| Maximum | Real estate commission |
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| Acquisitions and Disposition Fees |
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| Percentage of subordinated disposition fees |
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50.00%
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| Maximum | Contract sales price of investment |
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| Acquisitions and Disposition Fees |
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| Percentage of subordinated disposition fees |
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3.00%
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| Maximum | Average equity value |
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| Asset Management Fees and Available Cash Distributions |
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| Percentage of asset management fees |
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1.75%
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| Long-term net lease |
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| Acquisitions and Disposition Fees |
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| Percentage of acquisition fees |
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4.50%
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| Long-term net lease | Average market value |
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| Asset Management Fees and Available Cash Distributions |
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| Percentage of asset management fees |
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0.50%
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| Long-term net lease | Current |
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| Acquisitions and Disposition Fees |
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| Percentage of acquisition fees |
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2.50%
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| Long-term net lease | Deferred |
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| Acquisitions and Disposition Fees |
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| Percentage of acquisition fees |
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2.00%
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| Non-long term net lease | Minimum |
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| Acquisitions and Disposition Fees |
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| Percentage of acquisition fees |
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1.00%
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| Non-long term net lease | Maximum |
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| Acquisitions and Disposition Fees |
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| Percentage of acquisition fees |
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1.75%
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| Real estate |
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| Related Party Transaction [Line Items] |
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| Building assumed |
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$ 97,000,000
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