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Real Estate Acquisitions (Details) (USD $) | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012
Real Estate Acquisitions |  |  |  |
Contract Purchase Price |  |  | $ 101,509,000 |
Third Party Real Estate Acquisition Costs | 544,000 | 93,000 | 822,000 | 259,000
Occupancy percentage for properties purchased by the company |  |  | 100.00% |
Intangible lease assets | 11,307,000 |  | 11,307,000 |
Intangible lease liabilities | 1,510,000 |  | 1,510,000 |
Weighted average amortization period for intangible lease assets |  |  | 13 years 7 months 6 days |
Weighted average amortization period for intangible lease liabilities |  |  | 8 years |
Kmart retail store, Clemmons, North Carolina |  |  |  |
Real Estate Acquisitions |  |  |  |
Contract Purchase Price |  |  | 4,640,000 |
Third Party Real Estate Acquisition Costs |  |  | 119,000 |
Kmart retail store, Clemmons, North Carolina | Consolidated JV |  |  |  |
Real Estate Acquisitions |  |  |  |
Ownership interest in consolidated joint venture (as a percent) | 90.00% |  | 90.00% |
Shutterfly flex facility Fort Mill, South Carolina |  |  |  |
Real Estate Acquisitions |  |  |  |
Contract Purchase Price |  |  | 15,500,000 |
Mortgage incurred |  |  | 9,300,000 |
Third Party Real Estate Acquisition Costs |  |  | 118,000 |
Effective interest rate (as a percent) | 4.562% |  | 4.562% |
Texas Land & Cattle restaurant Killeen, Texas |  |  |  |
Real Estate Acquisitions |  |  |  |
Contract Purchase Price |  |  | 2,020,000 |
Third Party Real Estate Acquisition Costs |  |  | 43,000 |
Hooters restaurant Concord, North Carolina |  |  |  |
Real Estate Acquisitions |  |  |  |
Contract Purchase Price |  |  | 2,469,000 |
Third Party Real Estate Acquisition Costs |  |  | 13,000 |
TRISUN Health Care - assisted living facility Round Rock, Texas |  |  |  |
Real Estate Acquisitions |  |  |  |
Contract Purchase Price |  |  | 22,800,000 |
Mortgage incurred |  |  | 15,275,000 |
Third Party Real Estate Acquisition Costs |  |  | 288,000 |
Effective interest rate (as a percent) | 5.375% |  | 5.375% |
Hooters restaurant Myrtle Beach, South Carolina |  |  |  |
Real Estate Acquisitions |  |  |  |
Contract Purchase Price |  |  | 2,635,000 |
Third Party Real Estate Acquisition Costs |  |  | 31,000 |
Joe's Crab Shack restaurant Ann Arbor, Michigan |  |  |  |
Real Estate Acquisitions |  |  |  |
Contract Purchase Price |  |  | 2,980,000 |
Third Party Real Estate Acquisition Costs |  |  | 28,000 |
FedEx Express facility Indianapolis, Indiana |  |  |  |
Real Estate Acquisitions |  |  |  |
Contract Purchase Price |  |  | 9,270,000 |
Third Party Real Estate Acquisition Costs |  |  | 31,000 |
Northern Tool & Equipment distribution facility Fort Mill, South Carolina |  |  |  |
Real Estate Acquisitions |  |  |  |
Contract Purchase Price |  |  | 39,195,000 |
Mortgage incurred |  |  | 27,300,000 |
Third Party Real Estate Acquisition Costs |  |  | 84,000 |
Effective interest rate (as a percent) | 4.875% |  | 4.875% |
Number of tenants in the property |  |  | 2 |
Other |  |  |  |
Real Estate Acquisitions |  |  |  |
Third Party Real Estate Acquisition Costs |  |  | $ 67,000 |

X
- Definition Represents the weighted average amortization period of finite-lived intangible liabilities acquired either individually or as part of a group. + References No definition available. + Details
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- Definition Expense consisting of acquisition related transaction costs. + References No definition available. + Details
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X
- Definition Represents the amount of finite-lived intangible liabilities allocated by a lessor (acquirer) to lease agreements, which exist at acquisition of a leased property. + References No definition available. + Details
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- Definition Represents the occupancy percentage on the real estate properties acquired by the entity. + References No definition available. + Details
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- Definition Weighted average amortization period of finite-lived intangible assets acquired either individually or as part of a group of assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a)(3) -URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16265-109275 + Details
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- Definition Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition This element represents the amount of value allocated by a lessor (acquirer) to lease agreements which exist at acquisition of a leased property. Such amount may include the value assigned to existing tenant relationships and excludes the market adjustment component of the value assigned for above or below-market leases acquired. + References No definition available. + Details
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- Definition The amount of debt that an Entity assumes in acquiring a business or in consideration for an asset received in a noncash (or part noncash) acquisition. Noncash is defined as transactions during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4313-108586 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4304-108586 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 32 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4332-108586 + Details
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- Definition The cash outflow from the acquisition of a piece of land, anything permanently fixed to it, including buildings, structures on it and so forth; includes real estate intended to generate income for the owner; excludes real estate acquired for use by the owner. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 17 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3213-108585 + Details
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