Equity Investments in Real Estate - Narratives (Details) - USD ($)
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1 Months Ended |
12 Months Ended |
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Feb. 28, 2017 |
Feb. 01, 2017 |
Oct. 26, 2016 |
Jul. 29, 2016 |
Apr. 11, 2016 |
Jan. 31, 2017 |
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
| Schedule of Equity Method Investments |
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| Impairment charges |
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$ 29,706,000
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$ 1,023,000
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$ 570,000
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| Goodwill impairment |
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0
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| Equity in earnings of equity method investments in real estate |
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3,262,000
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14,667,000
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24,073,000
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| Proceeds from mortgage financing |
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266,970,000
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170,233,000
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92,791,000
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| Repayments of secured debt |
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177,469,000
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121,267,000
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51,309,000
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| Non-recourse mortgage loans |
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$ 170,900,000
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$ 170,200,000
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| Debt Instrument, Term |
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7 years 1 month 6 days
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8 years 7 months 6 days
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| Preferred return |
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5.00%
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| Proceeds from equity method investment |
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$ 42,744,000
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$ 34,962,000
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83,882,000
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| Unamortized basis differences on our equity investments |
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19,100,000
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26,500,000
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| Equity Method Investments |
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| Schedule of Equity Method Investments |
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| Equity in earnings of equity method investments in real estate |
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9,867,000
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18,227,000
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28,348,000
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| Unconsolidated Equity Investments |
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| Schedule of Equity Method Investments |
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| Proceeds from equity method investment |
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$ 57,800,000
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52,100,000
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28,700,000
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| Minimum |
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| Schedule of Equity Method Investments |
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| Ownership interest, percentage |
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7.00%
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| Maximum |
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| Schedule of Equity Method Investments |
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| Ownership interest, percentage |
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97.00%
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| Subsequent Event |
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| Schedule of Equity Method Investments |
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| Repayments of secured debt |
$ 42,900,000
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$ 92,400,000
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| Non-recourse mortgage loans |
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$ 105,000,000
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| Net Lease | Equity Method Investments |
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| Schedule of Equity Method Investments |
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| Impairment charges |
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$ 1,900,000
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800,000
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| Equity in earnings of equity method investments in real estate |
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15,271,000
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21,692,000
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12,571,000
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| Self storage | Equity Method Investments |
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| Schedule of Equity Method Investments |
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| Equity in earnings of equity method investments in real estate |
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(394,000)
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(1,703,000)
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(1,878,000)
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| All Other | Equity Method Investments |
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| Schedule of Equity Method Investments |
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| Equity in earnings of equity method investments in real estate |
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(5,010,000)
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$ (1,762,000)
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$ 17,655,000
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| C1000 Logistiek Vastgooed B.V | Net Lease |
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| Schedule of Equity Method Investments |
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| Mortgage debt on tenancy in common |
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58,100,000
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| C1000 Logistiek Vastgooed B.V | WPC | Net Lease |
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| Schedule of Equity Method Investments |
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| Mortgage debt on tenancy in common |
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$ 68,400,000
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| Ownership interest, percentage |
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85.00%
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| Tesco plc | Net Lease |
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| Schedule of Equity Method Investments |
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| Non-recourse mortgage loans |
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$ 17,000,000
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| Tesco plc | WPC | Net Lease |
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| Schedule of Equity Method Investments |
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| Repayments of secured debt |
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33,800,000
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| Non-recourse mortgage loans |
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$ 34,600,000
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| Interest rate on debt |
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5.90%
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| Debt Instrument, Term |
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5 years
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| Ownership interest, percentage |
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49.00%
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| Tesco plc | EURIBOR | WPC | Net Lease |
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| Schedule of Equity Method Investments |
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| Interest rate on debt |
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3.30%
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| Madison Storage NYC, LLC and Veritas Group IX-NYC, LLC | Self storage |
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| Schedule of Equity Method Investments |
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| Ownership interest, percentage |
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100.00%
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45.00%
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45.00%
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| Indirect ownership interest in equity investments |
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40.00%
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40.00%
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| Increase in ownership equity investments |
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40.00%
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15.00%
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| Shelborne Property Associates, LLC | All Other | Third Party |
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| Schedule of Equity Method Investments |
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| Goodwill impairment |
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$ 22,800,000
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| Contract termination income |
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10,600,000
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| Guaranteed loss compensation |
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$ 10,600,000
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| Ownership interest, percentage |
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33.00%
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| Hellweg 2 |
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| Schedule of Equity Method Investments |
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| Equity in earnings of equity method investments in real estate |
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$ 6,200,000
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| Hellweg 2 | Net Lease | Subsequent Event |
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| Schedule of Equity Method Investments |
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| Proceeds from mortgage financing |
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$ 89,000,000
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| Hellweg 2 | WPC | Net Lease |
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| Schedule of Equity Method Investments |
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| Ownership interest, percentage |
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37.00%
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| Hellweg 2 | WPC | Net Lease | Subsequent Event |
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| Schedule of Equity Method Investments |
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| Proceeds from mortgage financing |
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$ 243,800,000
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| BPS Nevada, LLC | Net Lease |
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| Schedule of Equity Method Investments |
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| Preferred return |
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12.00%
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| BPS Nevada, LLC | Net Lease | Minimum |
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| Schedule of Equity Method Investments |
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| Preferred return |
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8.00%
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| BPS Nevada, LLC | Net Lease | Maximum |
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| Schedule of Equity Method Investments |
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| Preferred return |
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12.00%
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| BPS Nevada, LLC | Net Lease | Third Party |
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| Schedule of Equity Method Investments |
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| Ownership interest, percentage |
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15.00%
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