XML 28 R17.htm IDEA: XBRL DOCUMENT
v3.4.0.3

Impairments | 3 Months Ended
--- | ---
Mar. 31, 2016
Impairments |
Impairments | 12.Impairments We review long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. A provision is made for impairment if estimated future operating cash flows (undiscounted and without interest charges) plus estimated disposition proceeds (undiscounted) are less than the current book value of the property. Key factors that we utilize in this analysis include projected rental rates, estimated holding periods, historical sales and releases, capital expenditures and property sales capitalization rates. If a property is classified as held for sale, it is carried at the lower of carrying cost or estimated fair value, less estimated cost to sell, and depreciation of the property ceases. For the first three months of 2016, we recorded total provisions for impairment of $1.9 million on one property classified as held for sale, one property classified as held for investment, and six sold properties, in the following industries: one in the automotive parts industry, one in the convenience stores industry, one in the furniture stores industry, one in the health and fitness industry, two in the restaurant-casual dining industry, and two in industries we classify as “other.” For the first three months of 2015, we recorded total provisions for impairment of $2.1 million on two sold properties and one property disposed of other than by sale, all of which are in the restaurant-casual dining industry.

X
- Definition The entire disclosure for impairments of long-lived assets held for sale. + References No definition available. + Details
Name: | o_AssetsHeldForSaleLongLivedDisclosureTextBlock
Namespace Prefix: | o_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_AssetImpairmentChargesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration