XML 69 R62.htm IDEA: XBRL DOCUMENT v3.19.3
Related Party Transactions - Narrative (Details)
 1 Months Ended 3 Months Ended 9 Months Ended
Aug. 14, 2018
USD ($)
$ / shares
Jun. 02, 2015
USD ($)
$ / shares
Feb. 28, 2019
Sep. 30, 2019
USD ($)
shares
Sep. 30, 2018
USD ($)
Sep. 30, 2019
USD ($)
shares
Sep. 30, 2018
USD ($)
Dec. 31, 2018
USD ($)
shares
Oct. 31, 2017
property
Related Party Transaction [Line Items]                  
Due from related parties       $ 20,000   $ 20,000   $ 16,000  
Number of real estate properties, no longer subject to oversight fee (property) | property                 39
PMLA term     1 year            
PMLA renewal term     1 year            
Period to reinvest proceeds to not be included in the Sale           180 years      
Due to related parties       299,000   $ 299,000   $ 790,000  
Stand Alone, Single Tenant, Net Leased | Gross Revenue, Managed Properties | Unaffiliated Third Party Property Management Services | Europe                  
Related Party Transaction [Line Items]                  
Property management fee, percent fee           0.25%      
All Other Properties, Other than Stand Alone, Single Tenant, Net Leased | Gross Revenue, Managed Properties | Unaffiliated Third Party Property Management Services | Europe                  
Related Party Transaction [Line Items]                  
Property management fee, percent fee           0.50%      
Singe Tenant Net Lease, Not Part of Shopping Center | Gross Revenue, Managed Properties | Unaffiliated Third Party Property Management Services | Europe                  
Related Party Transaction [Line Items]                  
Property management fee, percent fee           1.75%      
All Other Property Types, Other Than Stand Alone, Single Tenant, Net Leased and Not Part of Shopping Center | Gross Revenue, Managed Properties | Unaffiliated Third Party Property Management Services | Europe                  
Related Party Transaction [Line Items]                  
Property management fee, percent fee           3.50%      
Advisor                  
Related Party Transaction [Line Items]                  
Maximum percent of assets under management, range three 0.40%                
Maximum amount under management, range three $ 14,700,000,000                
Advisor | Maximum                  
Related Party Transaction [Line Items]                  
Cap on annum aggregate amount, range two $ 14,600,000,000                
LTIP Units                  
Related Party Transaction [Line Items]                  
Distributions paid to partners       $ 100,000 $ 200,000 $ 400,000 $ 400,000    
Global Net Lease Advisors, LLC | Advisor And Scott J. Bowman | Chief Executive Officer                  
Related Party Transaction [Line Items]                  
Direct membership interest       5.00%   5.00%      
AR Global, LLC | Global Net Lease Advisors, LLC                  
Related Party Transaction [Line Items]                  
Indirect membership interest       95.00%   95.00%      
Special Limited Partner                  
Related Party Transaction [Line Items]                  
Operating partnership units (shares) | shares       35,900   35,900   35,900  
Advisor                  
Related Party Transaction [Line Items]                  
Maximum percent of assets under management, range one 0.75%                
Maximum amount under management, range one $ 3,000,000,000.0                
Cap on annum aggregate amount, range two denominator $ 11,700,000,000                
Minimum base management fee and incentive compensation payable, maximum percent of assets under management, range two 0.35%                
Advisor | Properties Sold                  
Related Party Transaction [Line Items]                  
Due to related parties               $ 49,000  
Gain (loss) on sale of property           $ 0      
Advisor | Amended Advisory Agreement                  
Related Party Transaction [Line Items]                  
Minimum monthly base management fee   $ 18,000,000.0              
Amended Advisory Agreement, variable fee payable   1.25%              
Amended Advisory Agreement, incentive compensation payable in cash   50.00%              
Amended Advisory Agreement, incentive compensation payable in shares   50.00%              
Percent of Core AFFO per weighted average share outstanding in excess of incentive hurdle one   15.00%              
Amended Advisory Agreement, incentive compensation core AFFO per share, incentive hurdle one (usd per share) | $ / shares   $ 2.37              
Percent of Core AFFO per weighted average share outstanding in excess of incentive hurdle two   10.00%              
Amended Advisory Agreement, incentive compensation core AFFO per share, incentive hurdle two (usd per share) | $ / shares   $ 3.08              
Amended Advisory Agreement, incentive compensation core AFFO per share, incentive hurdle one, period one (usd per share) | $ / shares $ 2.15                
Amended Advisory Agreement, incentive compensation core AFFO per share, incentive hurdle one, period two (usd per share) | $ / shares 2.25                
Amended Advisory Agreement, incentive compensation core AFFO per share, incentive hurdle two, period one (usd per share) | $ / shares 2.79                
Amended Advisory Agreement, incentive compensation core AFFO per share, incentive hurdle two, period two (usd per share) | $ / shares $ 2.92                
Minimum base management fee and incentive compensation payable, maximum percent of assets under management, range two   0.30%              
Minimum base management fee and incentive compensation payable, maximum percent of assets under management, range one   1.25%              
Minimum base management fee and incentive compensation payable, cap on annum aggregate amount, maximum amount of assets under management, range three   $ 5,000,000,000.0              
Minimum base management fee and incentive compensation payable, maximum percent of assets under management, range two   0.95%              
Minimum base management fee and incentive compensation payable, cap on annum aggregate amount, maximum amount of assets under management, range two   $ 15,000,000,000.0              
Minimum base management fee and incentive compensation payable, cap on annum aggregate amount, maximum amount of assets under management, range three calculation base   1.25%              
Minimum base management fee and incentive compensation payable, cap on annum aggregate amount, maximum Amount of assets under management, range three calculation denominator   $ 10,000,000,000.0              
Amended Advisory Agreement, variable fee payable, maximum sale of investments to trigger possible reduction   $ 200,000,000.0              
Advisor | Amended Advisory Agreement | Minimum                  
Related Party Transaction [Line Items]                  
Amended Advisory Agreement, incentive compensation core AFFO per share, incentive hurdle possible annual increase 0.00% 1.00%              
Advisor | Amended Advisory Agreement | Maximum                  
Related Party Transaction [Line Items]                  
Amended Advisory Agreement, incentive compensation core AFFO per share, incentive hurdle possible annual increase 3.00% 3.00%              
Minimum base management fee and incentive compensation payable, cap on annum aggregate amount, maximum amount of assets under management, range three   $ 15,000,000,000.0              
Advisor | American Realty Capital Global Advisors, LLC                  
Related Party Transaction [Line Items]                  
Due from related parties       $ 20,000   $ 20,000   $ 16,000  
Advisor | American Realty Capital Global Advisors, LLC | Maximum | Average Invested Assets | Greater Of                  
Related Party Transaction [Line Items]                  
Operating expenses as a percentage of benchmark       2.00%   2.00%      
Advisor | American Realty Capital Global Advisors, LLC | Maximum | Net Income, Excluding Additions to Non-cash Reserves and Gains on Sales of Assets | Greater Of                  
Related Party Transaction [Line Items]                  
Operating expenses as a percentage of benchmark       25.00%   25.00%      
Property Manager | American Realty Capital Global Properties, LLC | Maximum | Gross Revenue, Managed Properties                  
Related Party Transaction [Line Items]                  
Oversight fees as a percentage of benchmark       1.00%   1.00%      
Property Manager | American Realty Capital Global Properties, LLC | Maximum | Gross Revenue, Managed Properties | Stand Alone, Single Tenant, Net Leased                  
Related Party Transaction [Line Items]                  
Oversight fees as a percentage of benchmark       2.00%   2.00%      
Property Manager | American Realty Capital Global Properties, LLC | Maximum | Gross Revenue, Managed Properties | All Other Properties, Other than Stand Alone, Single Tenant, Net Leased                  
Related Party Transaction [Line Items]                  
Oversight fees as a percentage of benchmark       4.00%   4.00%      
Incurred                  
Related Party Transaction [Line Items]                  
Related party expenses       $ 8,220,000 6,956,000 $ 24,425,000 20,925,000    
Incurred | Recurring Fees | Incentive compensation                  
Related Party Transaction [Line Items]                  
Related party expenses       $ 0 $ 361,000 $ 0 $ 361,000