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10-Q Filing

W. P. CAREY INC. CIK: 1025378 Q1 2014
Filing Information
Form Type 10-Q
Accession Number 0001025378-14-000024
Period End Date 20140331
Filing Date 20140509
Fiscal Year 2014
Fiscal Period Q1
XBRL Instance wpc-20140331.xml
Balance Sheet 119 line items
Line Item Tag Value Unit Period
Real estate, at cost (inclusive of $243,429 and $78,782, respectively, attributable to variable interest entities, or VIEs) RentalProperties $2.52B USD Point-in-time
Real estate, at cost (inclusive of $243,429 and $78,782, respectively, attributable to variable interest entities, or VIEs) RentalProperties $4.49B USD Point-in-time
Operating real estate, at cost (inclusive of $38,714 and 0, respectively, attributable to VIEs) RealEstateInvestmentsOther $6.02M USD Point-in-time
Operating real estate, at cost (inclusive of $38,714 and 0, respectively, attributable to VIEs) RealEstateInvestmentsOther $84.49M USD Point-in-time
Accumulated depreciation (inclusive of $19,727 and $18,238, respectively, attributable to VIEs) RealEstateInvestmentPropertyAccumulatedDepreciation $168.96M USD Point-in-time
Accumulated depreciation (inclusive of $19,727 and $18,238, respectively, attributable to VIEs) RealEstateInvestmentPropertyAccumulatedDepreciation $193.37M USD Point-in-time
Net investments in properties RealEstateInvestmentPropertyNet $2.35B USD Point-in-time
Net investments in properties RealEstateInvestmentPropertyNet $4.38B USD Point-in-time
Net investments in direct financing leases (inclusive of $65,560 and $18,089, respectively, attributable to VIEs) CapitalLeasesNetInvestmentInDirectFinancingLeases $898.34M USD Point-in-time
Net investments in direct financing leases (inclusive of $65,560 and $18,089, respectively, attributable to VIEs) CapitalLeasesNetInvestmentInDirectFinancingLeases $363.42M USD Point-in-time
Real estates, at cost attributable to consolidated VIEs RentalProperties $2.52B USD Point-in-time
Assets held for sale AssetsHeldForSaleAtCarryingValue $86.82M USD Point-in-time
Real estates, at cost attributable to consolidated VIEs RentalProperties $4.49B USD Point-in-time
Assets held for sale AssetsHeldForSaleAtCarryingValue $95.21M USD Point-in-time
Equity investments in real estate and the Managed REITs EquityMethodInvestments $186.97M USD Point-in-time
Equity investments in real estate and the Managed REITs EquityMethodInvestments $530.02M USD Point-in-time
Operating real estate, at cost attributable to VIEs RealEstateInvestmentsOther $84.49M USD Point-in-time
Operating real estate, at cost attributable to VIEs RealEstateInvestmentsOther $6.02M USD Point-in-time
Net investments in real estate RealEstateInvestments $5.56B USD Point-in-time
Accumulated depreciation attributable to consolidated VIEs RealEstateInvestmentPropertyAccumulatedDepreciation $168.96M USD Point-in-time
Net investments in real estate RealEstateInvestments $3.33B USD Point-in-time
Accumulated depreciation attributable to consolidated VIEs RealEstateInvestmentPropertyAccumulatedDepreciation $193.37M USD Point-in-time
Net investments in direct financing leases CapitalLeasesNetInvestmentInDirectFinancingLeases $898.34M USD Point-in-time
Cash and cash equivalents (inclusive of $2,003 and $37, respectively, attributable to VIEs) CashAndCashEquivalentsAtCarryingValue $117.52M USD Point-in-time
Cash and cash equivalents (inclusive of $2,003 and $37, respectively, attributable to VIEs) CashAndCashEquivalentsAtCarryingValue $123.90M USD Point-in-time
Net investments in direct financing leases CapitalLeasesNetInvestmentInDirectFinancingLeases $363.42M USD Point-in-time
Cash and cash equivalents (inclusive of $2,003 and $37, respectively, attributable to VIEs) CashAndCashEquivalentsAtCarryingValue $198.95M USD Point-in-time
Cash and cash equivalents (inclusive of $2,003 and $37, respectively, attributable to VIEs) CashAndCashEquivalentsAtCarryingValue $111.56M USD Point-in-time
Due from affiliates DueFromAffiliates $32.03M USD Point-in-time
Cash and cash equivalents attributable to consolidated VIEs CashAndCashEquivalentsAtCarryingValue $111.56M USD Point-in-time
Cash and cash equivalents attributable to consolidated VIEs CashAndCashEquivalentsAtCarryingValue $198.95M USD Point-in-time
Cash and cash equivalents attributable to consolidated VIEs CashAndCashEquivalentsAtCarryingValue $117.52M USD Point-in-time
Due from affiliates DueFromAffiliates $32.50M USD Point-in-time
Cash and cash equivalents attributable to consolidated VIEs CashAndCashEquivalentsAtCarryingValue $123.90M USD Point-in-time
In-place lease, net attributable to consolidated VIEs FiniteLivedIntangibleAssetAcquiredInPlaceLeasesNet $467.13M USD Point-in-time
In-place lease, net attributable to consolidated VIEs FiniteLivedIntangibleAssetAcquiredInPlaceLeasesNet $997.52M USD Point-in-time
Goodwill Goodwill $350.21M USD Point-in-time
Goodwill Goodwill $700.02M USD Point-in-time
In-place lease intangible assets, net (inclusive of $36,012 and $3,385, respectively, attributable to VIEs) FiniteLivedIntangibleAssetAcquiredInPlaceLeasesNet $467.13M USD Point-in-time
Above-market rent, net attributable to consolidated VIEs FiniteLivedIntangibleAssetOffMarketLeaseFavorableNet $241.97M USD Point-in-time
In-place lease intangible assets, net (inclusive of $36,012 and $3,385, respectively, attributable to VIEs) FiniteLivedIntangibleAssetAcquiredInPlaceLeasesNet $997.52M USD Point-in-time
Above-market rent, net attributable to consolidated VIEs FiniteLivedIntangibleAssetOffMarketLeaseFavorableNet $595.43M USD Point-in-time
Other assets, net attributable to consolidated VIEs OtherAssets $136.43M USD Point-in-time
Other assets, net attributable to consolidated VIEs OtherAssets $255.49M USD Point-in-time
Above-market rent intangible assets, net (inclusive of $15,224 and $2,544, respectively, attributable to VIEs) FiniteLivedIntangibleAssetOffMarketLeaseFavorableNet $241.97M USD Point-in-time
Above-market rent intangible assets, net (inclusive of $15,224 and $2,544, respectively, attributable to VIEs) FiniteLivedIntangibleAssetOffMarketLeaseFavorableNet $595.43M USD Point-in-time
Other assets, net (inclusive of $21,568 and $4,246, respectively, attributable to VIEs) OtherAssets $255.49M USD Point-in-time
Other assets, net (inclusive of $21,568 and $4,246, respectively, attributable to VIEs) OtherAssets $136.43M USD Point-in-time
Total assets Assets $8.34B USD Point-in-time
Non-recourse debt attributable to consolidated VIEs SecuredDebt $2.96B USD Point-in-time
Non-recourse debt attributable to consolidated VIEs SecuredDebt $1.49B USD Point-in-time
Total assets Assets $4.68B USD Point-in-time
Below-market rent and other intangible liabilities, net attributable to consolidated VIEs BelowMarketLeaseNet $182.74M USD Point-in-time
Below-market rent and other intangible liabilities, net attributable to consolidated VIEs BelowMarketLeaseNet $128.20M USD Point-in-time
Accounts payable, accrued expenses, and other liabilities attributable to consolidated VIEs AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $291.04M USD Point-in-time
Accounts payable, accrued expenses, and other liabilities attributable to consolidated VIEs AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $166.38M USD Point-in-time
Deferred income taxes attributable to consolidated VIEs DeferredTaxLiabilities $39.04M USD Point-in-time
Non-recourse debt (inclusive of $152,223 and $29,042, respectively, attributable to VIEs) SecuredDebt $1.49B USD Point-in-time
Non-recourse debt (inclusive of $152,223 and $29,042, respectively, attributable to VIEs) SecuredDebt $2.96B USD Point-in-time
Deferred income taxes attributable to consolidated VIEs DeferredTaxLiabilities $89.25M USD Point-in-time
Senior credit facility and unsecured term loan LineOfCredit $366.28M USD Point-in-time
Senior credit facility and unsecured term loan LineOfCredit $575.00M USD Point-in-time
Senior unsecured notes LongTermDebt - USD Point-in-time
Common stock, per share value CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Senior unsecured notes LongTermDebt $498.21M USD Point-in-time
Common stock, per share value CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Below-market rent and other intangible liabilities, net (inclusive of $11,665 and $3,481, respectively, attributable to VIEs) BelowMarketLeaseNet $182.74M USD Point-in-time
Below-market rent and other intangible liabilities, net (inclusive of $11,665 and $3,481, respectively, attributable to VIEs) BelowMarketLeaseNet $128.20M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 450.00M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 450.00M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 69.30M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 100.39M shares Point-in-time
Accounts payable, accrued expenses and other liabilities (inclusive of $8,234 and $2,988, respectively, attributable to VIEs) AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $166.38M USD Point-in-time
Accounts payable, accrued expenses and other liabilities (inclusive of $8,234 and $2,988, respectively, attributable to VIEs) AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $291.04M USD Point-in-time
Deferred income taxes (inclusive of $854 and 0, respectively, attributable to VIEs) DeferredTaxLiabilities $89.25M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 99.35M shares Point-in-time
Deferred income taxes (inclusive of $854 and 0, respectively, attributable to VIEs) DeferredTaxLiabilities $39.04M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 68.27M shares Point-in-time
Distributions payable DividendsPayableCurrentAndNoncurrent $67.75M USD Point-in-time
Preferred stock, par share value PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Preferred stock, par share value PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Distributions payable DividendsPayableCurrentAndNoncurrent $90.08M USD Point-in-time
Total liabilities Liabilities $2.47B USD Point-in-time
Total liabilities Liabilities $4.48B USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 50.00M shares Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 50.00M shares Point-in-time
Redeemable noncontrolling interest RedeemableNoncontrollingInterestEquityCarryingAmount $7.30M USD Point-in-time
Redeemable noncontrolling interest RedeemableNoncontrollingInterestEquityCarryingAmount $7.44M USD Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Commitments and contingencies (Note 13) CommitmentsAndContingencies - USD Point-in-time
Treasury stock, shares TreasuryStockShares 1.04M shares Point-in-time
Commitments and contingencies (Note 13) CommitmentsAndContingencies - USD Point-in-time
Treasury stock, shares TreasuryStockShares 1.03M shares Point-in-time
Preferred stock, $0.001 par value, 50,000,000 shares authorized; none issued PreferredStockValue - USD Point-in-time
Preferred stock, $0.001 par value, 50,000,000 shares authorized; none issued PreferredStockValue - USD Point-in-time
Common stock, $0.001 par value, 450,000,000 shares authorized; 100,392,711 and 69,299,949 shares issued, respectively; and 99,348,295 and 68,266,570 shares outstanding, respectively CommonStockValue $69.00K USD Point-in-time
Common stock, $0.001 par value, 450,000,000 shares authorized; 100,392,711 and 69,299,949 shares issued, respectively; and 99,348,295 and 68,266,570 shares outstanding, respectively CommonStockValue $100.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $2.26B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $4.02B USD Point-in-time
Distributions in excess of accumulated earnings AccumulatedDistributionsInExcessOfNetIncome $302.80M USD Point-in-time
Distributions in excess of accumulated earnings AccumulatedDistributionsInExcessOfNetIncome $318.58M USD Point-in-time
Deferred compensation obligation DeferredCompensationEquity $-11.35M USD Point-in-time
Deferred compensation obligation DeferredCompensationEquity $-29.34M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $15.34M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $17.44M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $-4.65M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $-9.41M USD Point-in-time
Less: treasury stock at cost, 1,044,416 and 1,033,379 shares, respectively TreasuryStockValue $60.27M USD Point-in-time
Less: treasury stock at cost, 1,044,416 and 1,033,379 shares, respectively TreasuryStockValue $60.95M USD Point-in-time
Total W. P. Carey stockholders equity StockholdersEquity $1.90B USD Point-in-time
Total W. P. Carey stockholders equity StockholdersEquity $3.70B USD Point-in-time
Noncontrolling interests MinorityInterest $298.32M USD Point-in-time
Noncontrolling interests MinorityInterest $153.41M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.85B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.26B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.20B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $8.34B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $4.68B USD Point-in-time
Income Statement 87 line items
Line Item Tag Value Unit Period
Lease revenues RealEstateRevenueNet $72.46M USD 1 Quarter
Lease revenues RealEstateRevenueNet $123.21M USD 1 Quarter
Reimbursable tenant costs ReimbursementRevenue $6.03M USD 1 Quarter
Reimbursable tenant costs ReimbursementRevenue $3.12M USD 1 Quarter
Operating property revenues OtherRealEstateRevenue $4.99M USD 1 Quarter
Operating property revenues OtherRealEstateRevenue $227.00K USD 1 Quarter
Other OtherSalesRevenueNet $679.00K USD 1 Quarter
Other OtherSalesRevenueNet $1.00M USD 1 Quarter
Total real estate revenue RealEstateRevenueandOther $135.24M USD 1 Quarter
Total real estate revenue RealEstateRevenueandOther $76.48M USD 1 Quarter
Reimbursable costs RelatedPartyReimbursementRevenue $11.97M USD 1 Quarter
Reimbursable costs RelatedPartyReimbursementRevenue $39.73M USD 1 Quarter
Structuring revenue StructuringRevenue $6.34M USD 1 Quarter
Structuring revenue StructuringRevenue $17.75M USD 1 Quarter
Asset management revenue ManagementFeesRevenue $9.78M USD 1 Quarter
Asset management revenue ManagementFeesRevenue $10.02M USD 1 Quarter
Dealer manager fees WholesalingRevenue $6.68M USD 1 Quarter
Dealer manager fees WholesalingRevenue $1.22M USD 1 Quarter
Revenue from affiliates InvestmentAdvisoryManagementAndAdministrativeFees $73.94M USD 1 Quarter
Revenue from affiliates InvestmentAdvisoryManagementAndAdministrativeFees $29.55M USD 1 Quarter
Total revenues Revenues $106.03M USD 1 Quarter
Total revenues Revenues $209.17M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $52.78M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $29.38M USD 1 Quarter
Reimbursable tenant and affiliate costs CostOfReimbursableExpense $45.76M USD 1 Quarter
Reimbursable tenant and affiliate costs CostOfReimbursableExpense $15.09M USD 1 Quarter
Merger and acquisition expenses BusinessCombinationAcquisitionRelatedCosts $121.00K USD 1 Quarter
Merger and acquisition expenses BusinessCombinationAcquisitionRelatedCosts $29.61M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $28.11M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $19.70M USD 1 Quarter
Property expenses, excluding reimbursable tenant costs OccupancyNet $1.76M USD 1 Quarter
Property expenses, excluding reimbursable tenant costs OccupancyNet $8.43M USD 1 Quarter
Stock-based compensation expenses AllocatedShareBasedCompensationExpense $7.04M USD 1 Quarter
Stock-based compensation expenses AllocatedShareBasedCompensationExpense $9.15M USD 1 Quarter
Total operating expenses CostsAndExpenses $171.74M USD 1 Quarter
Total operating expenses CostsAndExpenses $75.19M USD 1 Quarter
Gain on change in control of interests GainOnChangeInControlOfInterests $103.57M USD 1 Quarter
Gain on change in control of interests GainOnChangeInControlOfInterests - USD 1 Quarter
Net income from equity investments in real estate and the Managed REITs IncomeLossFromEquityMethodInvestments $10.66M USD 1 Quarter
Net income from equity investments in real estate and the Managed REITs IncomeLossFromEquityMethodInvestments $14.26M USD 1 Quarter
Interest expense InterestExpense $25.58M USD 1 Quarter
Interest expense InterestExpense $39.08M USD 1 Quarter
Other income and (expenses) OtherNonoperatingIncomeExpense $-5.37M USD 1 Quarter
Other income and (expenses) OtherNonoperatingIncomeExpense $1.40M USD 1 Quarter
Total other income and expenses NonoperatingIncomeExpense $-13.53M USD 1 Quarter
Total other income and expenses NonoperatingIncomeExpense $73.39M USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $110.82M USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $17.31M USD 1 Quarter
(Provision for) benefit from income taxes IncomeTaxExpenseBenefit $2.22M USD 1 Quarter
(Provision for) benefit from income taxes IncomeTaxExpenseBenefit $-1.21M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $108.60M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $18.52M USD 1 Quarter
Income (loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTax $6.13M USD 1 Quarter
Income (loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTax $-2.68M USD 1 Quarter
Net Income ProfitLoss $15.84M USD 1 Quarter
Net Income ProfitLoss $114.73M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $1.58M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $1.71M USD 1 Quarter
Net (income) loss attributable to redeemable noncontrolling interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest $262.00K USD 1 Quarter
Net (income) loss attributable to redeemable noncontrolling interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-50.00K USD 1 Quarter
Net Income Attributable to W. P. Carey NetIncomeLoss $112.89M USD 1 Quarter
Net Income Attributable to W. P. Carey NetIncomeLoss $14.18M USD 1 Quarter
Income from continuing operations attributable to W. P. Carey (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $0.25 USD 1 Quarter
Income from continuing operations attributable to W. P. Carey (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $1.19 USD 1 Quarter
Income (loss) from discontinued operations attributable to W. P. Carey (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.05 USD 1 Quarter
Income (loss) from discontinued operations attributable to W. P. Carey (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $0.07 USD 1 Quarter
Net Income Attributable to W. P. Carey (in dollars per share) EarningsPerShareBasic $0.20 USD 1 Quarter
Net Income Attributable to W. P. Carey (in dollars per share) EarningsPerShareBasic $1.26 USD 1 Quarter
Income from continuing operations attributable to W. P. Carey (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.24 USD 1 Quarter
Income from continuing operations attributable to W. P. Carey (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $1.18 USD 1 Quarter
Income (loss) from discontinued operations attributable to W. P. Carey (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $-0.04 USD 1 Quarter
Income (loss) from discontinued operations attributable to W. P. Carey (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $0.07 USD 1 Quarter
Net Income Attributable to W. P. Carey (in dollars per share) EarningsPerShareDiluted $1.25 USD 1 Quarter
Net Income Attributable to W. P. Carey (in dollars per share) EarningsPerShareDiluted $0.20 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 89.37M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 68.97M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 69.98M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 90.38M shares 1 Quarter
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $106.61M USD 1 Quarter
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $17.14M USD 1 Quarter
Income (loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $6.28M USD 1 Quarter
Income (loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-2.95M USD 1 Quarter
Net Income Attributable to W. P. Carey NetIncomeLoss $112.89M USD 1 Quarter
Net Income Attributable to W. P. Carey NetIncomeLoss $14.18M USD 1 Quarter
Distributions Declared Per Share CommonStockDividendsPerShareDeclared $0.82 USD 1 Quarter
Distributions Declared Per Share CommonStockDividendsPerShareDeclared $3.39 USD Annual
Distributions Declared Per Share CommonStockDividendsPerShareDeclared $0.90 USD 1 Quarter
Cash Flow Statement 110 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $15.84M USD 1 Quarter
Net income ProfitLoss $114.73M USD 1 Quarter
Depreciation and amortization, including intangible assets and deferred financing costs DepreciationAmortizationAndAccretionNet $33.80M USD 1 Quarter
Depreciation and amortization, including intangible assets and deferred financing costs DepreciationAmortizationAndAccretionNet $57.56M USD 1 Quarter
Income from equity investments in real estate and the Managed REITs in excess of distributions received IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $1.22M USD 1 Quarter
Income from equity investments in real estate and the Managed REITs in excess of distributions received IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $991.00K USD 1 Quarter
Straight-line rent and amortization of rent-related intangibles StraightLineRentAdjustmentsAndAmortizationOfRentRelatedIntangibles $-4.46M USD 1 Quarter
Straight-line rent and amortization of rent-related intangibles StraightLineRentAdjustmentsAndAmortizationOfRentRelatedIntangibles $-10.50M USD 1 Quarter
Amortization of deferred revenue RecognitionOfDeferredRevenue $2.36M USD 1 Quarter
Amortization of deferred revenue RecognitionOfDeferredRevenue $786.00K USD 1 Quarter
(Gain) loss on sale of real estate GainLossOnSaleOfProperties $-931.00K USD 1 Quarter
(Gain) loss on sale of real estate GainLossOnSaleOfProperties $3.18M USD 1 Quarter
Unrealized gain on derivative instruments and others UnrealizedGainLossOnDerivatives $1.58M USD 1 Quarter
Unrealized gain on derivative instruments and others UnrealizedGainLossOnDerivatives $1.00M USD 1 Quarter
Realized loss on extinguishment of debt and others ExtinguishmentOfDebtGainLossNetOfTax $-4.70M USD Point-in-time
Realized loss on extinguishment of debt and others ExtinguishmentOfDebtGainLossNetOfTax $-2.30M USD 1 Quarter
Realized loss on extinguishment of debt and others ExtinguishmentOfDebtGainLossNetOfTax $-100.00K USD 1 Quarter
Management and disposition income received in shares of Managed REITs ManagementIncomeReceivedInSharesOfAffiliates $9.94M USD 1 Quarter
Management and disposition income received in shares of Managed REITs ManagementIncomeReceivedInSharesOfAffiliates $8.21M USD 1 Quarter
Gain on change in control of interests GainLossOnChangeInControlOfInterestsExcludingAllocationOfProfitSharingInterest - USD 1 Quarter
Gain on change in control of interests GainLossOnChangeInControlOfInterestsExcludingAllocationOfProfitSharingInterest $103.36M USD 1 Quarter
Impairment charges AssetImpairmentCharges $3.28M USD 1 Quarter
Impairment charges AssetImpairmentCharges - USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $7.04M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $9.15M USD 1 Quarter
Deferred acquisition revenue received DeferredAcquisitionRevenueReceived $8.56M USD 1 Quarter
Deferred acquisition revenue received DeferredAcquisitionRevenueReceived $6.47M USD 1 Quarter
Increase in structuring revenue receivable IncreaseDecreaseInStructuringRevenueReceivable $8.12M USD 1 Quarter
Increase in structuring revenue receivable IncreaseDecreaseInStructuringRevenueReceivable $1.44M USD 1 Quarter
Increase in income taxes, net IncreaseDecreaseInIncomeTaxes $-4.14M USD 1 Quarter
Increase in income taxes, net IncreaseDecreaseInIncomeTaxes $-9.73M USD 1 Quarter
Decrease (increase) in prepaid taxes IncreaseDecreaseInPrepaidTaxes $-2.66M USD 1 Quarter
Decrease (increase) in prepaid taxes IncreaseDecreaseInPrepaidTaxes $15.72M USD 1 Quarter
Payments for withholding taxes upon delivery of equity-based awards and exercises of stock options PaymentsRelatedToTaxWithholdingForShareBasedCompensation $15.88M USD 1 Quarter
Payments for withholding taxes upon delivery of equity-based awards and exercises of stock options PaymentsRelatedToTaxWithholdingForShareBasedCompensation $9.33M USD 1 Quarter
Net changes in other operating assets and liabilities IncreaseDecreaseInOtherOperatingCapitalNet $5.49M USD 1 Quarter
Net changes in other operating assets and liabilities IncreaseDecreaseInOtherOperatingCapitalNet $13.72M USD 1 Quarter
Net Cash Provided by Operating Activities NetCashProvidedByUsedInOperatingActivities $43.70M USD 1 Quarter
Net Cash Provided by Operating Activities NetCashProvidedByUsedInOperatingActivities $17.48M USD 1 Quarter
Cash paid to stockholders of CPA:16 Global in the CPA:16 Merger PaymentsToAcquireBusinessesGross $1.34M USD 1 Quarter
Cash paid to stockholders of CPA:16 Global in the CPA:16 Merger PaymentsToAcquireBusinessesGross - USD 1 Quarter
Cash acquired in connection with the CPA:16 Merger CashAcquiredFromAcquisition $65.43M USD 1 Quarter
Cash acquired in connection with the CPA:16 Merger CashAcquiredFromAcquisition - USD 1 Quarter
Distributions received from equity investments in real estate and the Managed REITs in excess of equity income ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $11.96M USD 1 Quarter
Distributions received from equity investments in real estate and the Managed REITs in excess of equity income ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $7.97M USD 1 Quarter
Capital contributions to equity investments PaymentsToAcquireEquityMethodInvestments $1.42M USD 1 Quarter
Capital contributions to equity investments PaymentsToAcquireEquityMethodInvestments $453.00K USD 1 Quarter
Purchases of real estate and equity investments in real estate PaymentsToAcquireRealEstate $71.13M USD 1 Quarter
Purchases of real estate and equity investments in real estate PaymentsToAcquireRealEstate $40.99M USD 1 Quarter
Capital expenditures PaymentsToDevelopRealEstateAssets $5.49M USD 1 Quarter
Capital expenditures PaymentsToDevelopRealEstateAssets $1.83M USD 1 Quarter
Proceeds from sale of real estate and equity investments ProceedsFromSaleOfRealEstateHeldforinvestment $105.09M USD 1 Quarter
Proceeds from sale of real estate and equity investments ProceedsFromSaleOfRealEstateHeldforinvestment $11.06M USD 1 Quarter
Purchase of securities for the defeasance of debt PaymentsToAcquireMarketableSecurities $7.66M USD 1 Quarter
Purchase of securities for the defeasance of debt PaymentsToAcquireMarketableSecurities - USD 1 Quarter
Proceeds from repayment of short-term loans RepaymentOfNotesReceivableFromRelatedParties $1.08M USD 1 Quarter
Proceeds from repayment of short-term loans RepaymentOfNotesReceivableFromRelatedParties - USD 1 Quarter
Funds placed in escrow IncreaseInRestrictedCash $40.40M USD 1 Quarter
Funds placed in escrow IncreaseInRestrictedCash $27.13M USD 1 Quarter
Funds released from escrow DecreaseInRestrictedCash $44.04M USD 1 Quarter
Funds released from escrow DecreaseInRestrictedCash $50.75M USD 1 Quarter
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities - USD 1 Quarter
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities $-334.00K USD 1 Quarter
Net Cash Provided by (Used in) Investing Activities NetCashProvidedByUsedInInvestingActivities $-27.73M USD 1 Quarter
Net Cash Provided by (Used in) Investing Activities NetCashProvidedByUsedInInvestingActivities $127.62M USD 1 Quarter
Distributions paid PaymentsOfDividendsCommonStock $68.16M USD 1 Quarter
Distributions paid PaymentsOfDividendsCommonStock $45.75M USD 1 Quarter
Contributions from noncontrolling interests ProceedsFromMinorityShareholders $65.14M USD Annual
Contributions from noncontrolling interests ProceedsFromMinorityShareholders $123.00K USD 1 Quarter
Contributions from noncontrolling interests ProceedsFromMinorityShareholders $2.46M USD 1 Quarter
Distributions paid to noncontrolling interests PaymentsOfDividendsMinorityInterest $9.23M USD 1 Quarter
Distributions paid to noncontrolling interests PaymentsOfDividendsMinorityInterest $6.13M USD 1 Quarter
Purchase of treasury stock from related party PaymentsForRepurchaseOfCommonStock $40.00M USD Point-in-time
Purchase of treasury stock from related party PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Purchase of treasury stock from related party PaymentsForRepurchaseOfCommonStock $700.00K USD Point-in-time
Purchase of treasury stock from related party PaymentsForRepurchaseOfCommonStock $678.00K USD 1 Quarter
Scheduled payments of mortgage principal RepaymentsOfSecuredDebt $16.71M USD 1 Quarter
Scheduled payments of mortgage principal RepaymentsOfSecuredDebt $67.19M USD 1 Quarter
Prepayments of mortgage principal PrepaymentOfMortgagePrincipal $35.42M USD 1 Quarter
Prepayments of mortgage principal PrepaymentOfMortgagePrincipal $116.82M USD 1 Quarter
Proceeds from mortgage financing ProceedsFromIssuanceOfSecuredDebt $5.11M USD 1 Quarter
Proceeds from mortgage financing ProceedsFromIssuanceOfSecuredDebt $99.00M USD 1 Quarter
Proceeds from senior credit facility and unsecured term loan ProceedsFromUnsecuredLinesOfCredit $901.38M USD 1 Quarter
Proceeds from senior credit facility and unsecured term loan ProceedsFromUnsecuredLinesOfCredit $55.00M USD 1 Quarter
Repayments of senior credit facility RepaymentsOfLinesOfCredit $10.00M USD 1 Quarter
Repayments of senior credit facility RepaymentsOfLinesOfCredit $1.28B USD 1 Quarter
Proceeds from issuance of senior unsecured notes ProceedsFromIssuanceOfUnsecuredDebt $498.19M USD 1 Quarter
Proceeds from issuance of senior unsecured notes ProceedsFromIssuanceOfUnsecuredDebt - USD 1 Quarter
Payment of financing costs and mortgage deposits, net of deposits refunded PaymentsOfFinancingCosts $11.89M USD 1 Quarter
Payment of financing costs and mortgage deposits, net of deposits refunded PaymentsOfFinancingCosts $570.00K USD 1 Quarter
(Return) receipt of tenant security deposits RepaymentOfTenantSecurityDeposits $-43.00K USD 1 Quarter
(Return) receipt of tenant security deposits RepaymentOfTenantSecurityDeposits $428.00K USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $91.00K USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $25.00K USD 1 Quarter
Windfall tax benefit associated with stock-based compensation awards ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $10.76M USD 1 Quarter
Windfall tax benefit associated with stock-based compensation awards ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $5.45M USD 1 Quarter
Net Cash Used in Financing Activities NetCashProvidedByUsedInFinancingActivities $-865.00K USD 1 Quarter
Net Cash Used in Financing Activities NetCashProvidedByUsedInFinancingActivities $-90.47M USD 1 Quarter
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashAndCashEquivalents $579.00K USD 1 Quarter
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashAndCashEquivalents $-1.22M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-12.34M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $81.43M USD 1 Quarter
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $117.52M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $123.90M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $198.95M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $111.56M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $123.90M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $198.95M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $117.52M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $111.56M USD Point-in-time
Stockholders Equity 47 line items
Line Item Tag Value Unit Period
Per shares distributions declared CommonStockDividendsPerShareDeclared $3.39 USD Annual
Per shares distributions declared CommonStockDividendsPerShareDeclared $0.82 USD 1 Quarter
Per shares distributions declared CommonStockDividendsPerShareDeclared $0.90 USD 1 Quarter
Balance - beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.85B USD Point-in-time
Balance - beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.26B USD Point-in-time
Balance - beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.20B USD Point-in-time
Beginning equity balance - shares CommonStockSharesOutstanding 99.35M shares Point-in-time
Beginning equity balance - shares CommonStockSharesOutstanding 68.27M shares Point-in-time
Shares issued to stockholders of CPA:16 in connection with the CPA:16 Merger, value StockIssuedDuringPeriodValueAcquisitions $1.82B USD 1 Quarter
Purchase of the remaining interests in less-than-wholly-owned investments that we already consolidate in connection with the CPA:16 Merger MinorityInterestDecreaseFromRedemptions $281.58M USD 1 Quarter
Purchase of noncontrolling interests in connection with the CPA:16 Merger NoncontrollingInterestIncreaseFromBusinessCombination $99.47M USD 1 Quarter
Reclassification of Estate shareholder shares ReclassificationOfEstateShareholderShares $40.00M USD Annual
Exercise of stock options and employee purchase under the employee share purchase plan, value StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $91.00K USD 1 Quarter
Exercise of stock options and employee purchase under the employee share purchase plan, value StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $2.31M USD Annual
Grants issued in connection with services rendered, shares, value StockIssuedDuringPeriodValueIssuedForServices $-15.73M USD 1 Quarter
Shares issued under share incentive plans, value StockIssuedDuringPeriodValueShareBasedCompensationGross $-9.18M USD Annual
Shares issued under share incentive plans, value StockIssuedDuringPeriodValueShareBasedCompensationGross $-146.00K USD 1 Quarter
Contributions from noncontrolling interest ProceedsFromMinorityShareholders $123.00K USD 1 Quarter
Contributions from noncontrolling interest ProceedsFromMinorityShareholders $2.46M USD 1 Quarter
Contributions from noncontrolling interest ProceedsFromMinorityShareholders $65.14M USD Annual
Windfall tax benefits - share incentive plan AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation $12.82M USD Annual
Windfall tax benefits - share incentive plan AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation $5.45M USD 1 Quarter
Amortization of stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $7.04M USD 1 Quarter
Amortization of stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $37.20M USD Annual
Redemption value adjustment TemporaryEquityAccretionToRedemptionValue $306.00K USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $71.82M USD Annual
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $6.04M USD 1 Quarter
Distributions declared Dividends $244.73M USD Annual
Distributions declared Dividends $90.09M USD 1 Quarter
Purchase of treasury stock from related party, value StockRepurchasedDuringPeriodValue $40.00M USD Annual
Purchase of treasury stock from related party, value StockRepurchasedDuringPeriodValue $678.00K USD 1 Quarter
Purchase of treasury stock from related party, shares StockRepurchasedDuringPeriodShares 616,971.00 shares Point-in-time
Purchase of treasury stock from related party, shares StockRepurchasedDuringPeriodShares 11,037.00 shares Point-in-time
Foreign currency translation ForeignCurrencyTranslationAdjustmentAttributableToNoncontrollingInterest $-7.00K USD 1 Quarter
Foreign currency translation ForeignCurrencyTranslationAdjustmentAttributableToNoncontrollingInterest $-5.00K USD Annual
Net income NetIncomeLossIncludingPortionAttributableToRedeemableNoncontrollingInterest $114.47M USD 1 Quarter
Net income NetIncomeLossIncludingPortionAttributableToRedeemableNoncontrollingInterest $131.81M USD Annual
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentIncludingPortionAttributableToRedeemableNoncontrollingInterestNetOfTax $4.55M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentIncludingPortionAttributableToRedeemableNoncontrollingInterestNetOfTax $21.85M USD Annual
Realized and unrealized gain (loss) on derivative instruments OtherComprehensiveIncomeLossUnrealizedGainLossOnDerivativesArisingDuringPeriodIncludingPortionAttributableToRedeemableNoncontrollingInterestNetOfTax $-2.80M USD 1 Quarter
Realized and unrealized gain (loss) on derivative instruments OtherComprehensiveIncomeLossUnrealizedGainLossOnDerivativesArisingDuringPeriodIncludingPortionAttributableToRedeemableNoncontrollingInterestNetOfTax $20.00K USD Annual
Change in unrealized appreciation on marketable securities OtherComprehensiveIncomeLossunrealizedholdingGainLossOnSecuritiesArisingDuringPeriodIncludingPortionAttributableToRedeemableNoncontrollingInterestNetOfTax $17.00K USD 1 Quarter
Balance - end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.85B USD Point-in-time
Balance - end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.26B USD Point-in-time
Balance - end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.20B USD Point-in-time
Ending equity balance - shares CommonStockSharesOutstanding 99.35M shares Point-in-time
Ending equity balance - shares CommonStockSharesOutstanding 68.27M shares Point-in-time
Comprehensive Income 26 line items
Line Item Tag Value Unit Period
Net Income ProfitLoss $15.84M USD 1 Quarter
Net Income ProfitLoss $114.73M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $4.54M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-9.75M USD 1 Quarter
Realized and unrealized (loss) gain on derivative instruments OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-2.80M USD 1 Quarter
Realized and unrealized (loss) gain on derivative instruments OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $3.17M USD 1 Quarter
Change in unrealized appreciation on marketable securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax - USD 1 Quarter
Change in unrealized appreciation on marketable securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $17.00K USD 1 Quarter
Net current period other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $1.76M USD 1 Quarter
Net current period other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $-6.58M USD 1 Quarter
Comprehensive Income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $116.50M USD 1 Quarter
Comprehensive Income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $9.26M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $1.71M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $1.58M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest $-1.79M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest $-336.00K USD 1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-81.00K USD 1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.24M USD 1 Quarter
Net (income) loss attributable to redeemable noncontrolling interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest $262.00K USD 1 Quarter
Net (income) loss attributable to redeemable noncontrolling interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-50.00K USD 1 Quarter
Foreign currency translation adjustments TemporaryEquityForeignCurrencyTranslationAdjustments $23.00K USD 1 Quarter
Foreign currency translation adjustments TemporaryEquityForeignCurrencyTranslationAdjustments $6.00K USD 1 Quarter
Comprehensive (income) loss attributable to redeemable noncontrolling interest ComprehensiveIncomeAttributableToRedeemableNoncontrollingInterests $256.00K USD 1 Quarter
Comprehensive (income) loss attributable to redeemable noncontrolling interest ComprehensiveIncomeAttributableToRedeemableNoncontrollingInterests $-73.00K USD 1 Quarter
Comprehensive Income Attributable to W. P. Carey ComprehensiveIncomeNetOfTax $115.00M USD 1 Quarter
Comprehensive Income Attributable to W. P. Carey ComprehensiveIncomeNetOfTax $9.42M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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