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10-Q Filing

W. P. CAREY INC. CIK: 1025378 Q2 2019
Filing Information
Form Type 10-Q
Accession Number 0001025378-19-000035
Period End Date 20190630
Filing Date 20190802
Fiscal Year 2019
Fiscal Period Q2
XBRL Instance wpc2019q210-q_htm.xml
Balance Sheet 84 line items
Line Item Tag Value Unit Period
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Preferred stock, shares authorized (shares) PreferredStockSharesAuthorized 50.00M shares Point-in-time
Land, buildings and improvements LandInvestmentBuildingandBuildingImprovements $9.25B USD Point-in-time
Land, buildings and improvements LandInvestmentBuildingandBuildingImprovements $9.48B USD Point-in-time
Preferred stock, shares authorized (shares) PreferredStockSharesAuthorized 50.00M shares Point-in-time
Preferred stock, shares issued (shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, shares issued (shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Net investments in direct financing leases DirectFinancingLeaseNetInvestmentInLease $1.26B USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Net investments in direct financing leases CapitalLeasesNetInvestmentInDirectFinancingLeases $1.31B USD Point-in-time
Common stock, shares authorized (shares) CommonStockSharesAuthorized 450.00M shares Point-in-time
Common stock, shares authorized (shares) CommonStockSharesAuthorized 450.00M shares Point-in-time
In-place lease intangible assets and other FiniteLivedIntangibleAssetAcquiredInPlaceLeasesNet $2.13B USD Point-in-time
In-place lease intangible assets and other FiniteLivedIntangibleAssetAcquiredInPlaceLeasesNet $2.01B USD Point-in-time
Common stock, shares outstanding (shares) CommonStockSharesOutstanding 165.28M shares Point-in-time
Common stock, shares outstanding (shares) CommonStockSharesOutstanding 170.76M shares Point-in-time
Above-market rent intangible assets FiniteLivedIntangibleAssetOffMarketLeaseFavorableNet $922.00M USD Point-in-time
Above-market rent intangible assets FiniteLivedIntangibleAssetOffMarketLeaseFavorableNet $925.80M USD Point-in-time
Investments in real estate RealEstateInvestmentPropertyNet $13.80B USD Point-in-time
Investments in real estate RealEstateInvestmentPropertyNet $13.49B USD Point-in-time
Accumulated depreciation and amortization RealEstateInvestmentPropertyAccumulatedDepreciation $1.81B USD Point-in-time
Accumulated depreciation and amortization RealEstateInvestmentPropertyAccumulatedDepreciation $1.56B USD Point-in-time
Assets held for sale, net AssetsHeldForSaleNotPartOfDisposalGroup $102.78M USD Point-in-time
Assets held for sale, net AssetsHeldForSaleNotPartOfDisposalGroup - USD Point-in-time
Net investments in real estate RealEstateInvestments $11.93B USD Point-in-time
Net investments in real estate RealEstateInvestments $12.09B USD Point-in-time
Equity investments in the Managed Programs and real estate EquityMethodInvestments $329.25M USD Point-in-time
Equity investments in the Managed Programs and real estate EquityMethodInvestments $317.16M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $202.28M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $217.64M USD Point-in-time
Due from affiliates DueFromAffiliates $81.52M USD Point-in-time
Due from affiliates DueFromAffiliates $74.84M USD Point-in-time
Other assets, net OtherAssets $580.27M USD Point-in-time
Other assets, net OtherAssets $711.51M USD Point-in-time
Goodwill Goodwill $920.94M USD Point-in-time
Goodwill Goodwill $920.22M USD Point-in-time
Total assets Assets $14.19B USD Point-in-time
Total assets Assets $14.18B USD Point-in-time
Senior unsecured notes, net SeniorNotes $3.55B USD Point-in-time
Senior unsecured notes, net SeniorNotes $3.86B USD Point-in-time
Unsecured revolving credit facility LineOfCredit $111.23M USD Point-in-time
Unsecured revolving credit facility LineOfCredit $91.56M USD Point-in-time
Non-recourse mortgages, net SecuredDebt $2.20B USD Point-in-time
Non-recourse mortgages, net SecuredDebt $2.73B USD Point-in-time
Debt, net LongTermDebt $6.18B USD Point-in-time
Debt, net LongTermDebt $6.38B USD Point-in-time
Accounts payable, accrued expenses and other liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $463.42M USD Point-in-time
Accounts payable, accrued expenses and other liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $403.90M USD Point-in-time
Below-market rent and other intangible liabilities, net BelowMarketLeaseNet $213.28M USD Point-in-time
Below-market rent and other intangible liabilities, net BelowMarketLeaseNet $225.13M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $173.12M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $168.84M USD Point-in-time
Dividends payable DividendsPayableCurrentAndNoncurrent $178.66M USD Point-in-time
Dividends payable DividendsPayableCurrentAndNoncurrent $172.15M USD Point-in-time
Total liabilities Liabilities $7.35B USD Point-in-time
Total liabilities Liabilities $7.20B USD Point-in-time
Commitments and contingencies (Note 11) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 11) CommitmentsAndContingencies - USD 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; 170,756,507 and 165,279,642 shares, respectively, issued and outstanding CommonStockValue $171.00K USD Point-in-time
Common stock, $0.001 par value, 450,000,000 shares authorized; 170,756,507 and 165,279,642 shares, respectively, issued and outstanding CommonStockValue $165.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $8.19B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $8.58B USD Point-in-time
Distributions in excess of accumulated earnings AccumulatedDistributionsInExcessOfNetIncome $1.37B USD Point-in-time
Distributions in excess of accumulated earnings AccumulatedDistributionsInExcessOfNetIncome $1.14B USD Point-in-time
Deferred compensation obligation TreasuryStockDeferredEmployeeStockOwnershipPlan $35.77M USD Point-in-time
Deferred compensation obligation TreasuryStockDeferredEmployeeStockOwnershipPlan $37.26M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-260.82M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-255.00M USD Point-in-time
Total stockholders equity StockholdersEquity $6.98B USD Point-in-time
Total stockholders equity StockholdersEquity $6.82B USD Point-in-time
Noncontrolling interests MinorityInterest $5.78M USD Point-in-time
Noncontrolling interests MinorityInterest $6.39M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.37B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.99B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.31B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.83B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.41B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $7.02B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $14.18B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $14.19B USD Point-in-time
Income Statement 104 line items
Line Item Tag Value Unit Period
Revenues Revenues $402.95M USD 2 Qtrs
Revenues Revenues $201.14M USD 1 Quarter
Revenues Revenues $305.21M USD 1 Quarter
Revenues Revenues $603.53M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $113.63M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $64.34M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $226.01M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $130.29M USD 2 Qtrs
General and administrative GeneralAndAdministrativeExpense $19.73M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $16.44M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $41.01M USD 2 Qtrs
General and administrative GeneralAndAdministrativeExpense $35.02M USD 2 Qtrs
Reimbursable tenant costs ReimbursableTenantExpense $27.09M USD 2 Qtrs
Reimbursable tenant costs ReimbursableTenantExpense $5.73M USD 1 Quarter
Reimbursable tenant costs ReimbursableTenantExpense $13.92M USD 1 Quarter
Reimbursable tenant costs ReimbursableTenantExpense $11.95M USD 2 Qtrs
Operating property expenses OperatingPropertyExpenses $10.87M USD 1 Quarter
Operating property expenses OperatingPropertyExpenses $21.47M USD 2 Qtrs
Operating property expenses OperatingPropertyExpenses $3.58M USD 1 Quarter
Operating property expenses OperatingPropertyExpenses $9.25M USD 2 Qtrs
Property expenses, excluding reimbursable tenant costs OccupancyNet $19.83M USD 2 Qtrs
Property expenses, excluding reimbursable tenant costs OccupancyNet $9.56M USD 2 Qtrs
Property expenses, excluding reimbursable tenant costs OccupancyNet $5.33M USD 1 Quarter
Property expenses, excluding reimbursable tenant costs OccupancyNet $9.91M USD 1 Quarter
Stock-based compensation expense AllocatedStockBasedCompensationExpenseExcludingRestructuringExpense $4.94M USD 1 Quarter
Stock-based compensation expense AllocatedStockBasedCompensationExpenseExcludingRestructuringExpense $11.92M USD 2 Qtrs
Stock-based compensation expense AllocatedStockBasedCompensationExpenseExcludingRestructuringExpense $9.10M USD 2 Qtrs
Stock-based compensation expense AllocatedStockBasedCompensationExpenseExcludingRestructuringExpense $3.70M USD 1 Quarter
Reimbursable costs from affiliates CostOfRevenue $3.82M USD 1 Quarter
Reimbursable costs from affiliates CostOfRevenue $10.84M USD 2 Qtrs
Reimbursable costs from affiliates CostOfRevenue $5.54M USD 1 Quarter
Reimbursable costs from affiliates CostOfRevenue $7.69M USD 2 Qtrs
Subadvisor fees AdvisoryExpense $1.85M USD 1 Quarter
Subadvisor fees AdvisoryExpense $3.89M USD 2 Qtrs
Subadvisor fees AdvisoryExpense $3.85M USD 2 Qtrs
Subadvisor fees AdvisoryExpense $1.65M USD 1 Quarter
Merger and other expenses MergerAndOtherExpensesOperating $2.65M USD 2 Qtrs
Merger and other expenses MergerAndOtherExpensesOperating $2.69M USD 1 Quarter
Merger and other expenses MergerAndOtherExpensesOperating $696.00K USD 1 Quarter
Merger and other expenses MergerAndOtherExpensesOperating $842.00K USD 2 Qtrs
Impairment charges ImpairmentOfRealEstate $4.79M USD 2 Qtrs
Impairment charges ImpairmentOfRealEstate - USD 1 Quarter
Impairment charges ImpairmentOfRealEstate - USD 1 Quarter
Impairment charges ImpairmentOfRealEstate - USD 2 Qtrs
Total operating expenses CostsAndExpenses $356.89M USD 2 Qtrs
Total operating expenses CostsAndExpenses $179.17M USD 1 Quarter
Total operating expenses CostsAndExpenses $230.17M USD 2 Qtrs
Total operating expenses CostsAndExpenses $109.20M USD 1 Quarter
Interest expense InterestExpense $59.72M USD 1 Quarter
Interest expense InterestExpense $79.39M USD 2 Qtrs
Interest expense InterestExpense $41.31M USD 1 Quarter
Interest expense InterestExpense $121.03M USD 2 Qtrs
Equity in earnings of equity method investments in the Managed Programs and real estate IncomeLossFromEquityMethodInvestments $3.95M USD 1 Quarter
Equity in earnings of equity method investments in the Managed Programs and real estate IncomeLossFromEquityMethodInvestments $9.44M USD 2 Qtrs
Equity in earnings of equity method investments in the Managed Programs and real estate IncomeLossFromEquityMethodInvestments $27.88M USD 2 Qtrs
Equity in earnings of equity method investments in the Managed Programs and real estate IncomeLossFromEquityMethodInvestments $12.56M USD 1 Quarter
Other gains and (losses) OtherNonoperatingIncomeExpense $-671.00K USD 1 Quarter
Other gains and (losses) OtherNonoperatingIncomeExpense $7.82M USD 2 Qtrs
Other gains and (losses) OtherNonoperatingIncomeExpense $284.00K USD 2 Qtrs
Other gains and (losses) OtherNonoperatingIncomeExpense $10.59M USD 1 Quarter
(Loss) gain on sale of real estate, net GainLossOnSaleOfPropertiesBeforeApplicableIncomeTaxes $-362.00K USD 1 Quarter
(Loss) gain on sale of real estate, net GainLossOnSaleOfPropertiesBeforeApplicableIncomeTaxes $18.64M USD 2 Qtrs
(Loss) gain on sale of real estate, net GainLossOnSaleOfPropertiesBeforeApplicableIncomeTaxes $571.00K USD 2 Qtrs
(Loss) gain on sale of real estate, net GainLossOnSaleOfPropertiesBeforeApplicableIncomeTaxes $11.91M USD 1 Quarter
Total other income and expenses NonoperatingIncomeExpense $-110.73M USD 2 Qtrs
Total other income and expenses NonoperatingIncomeExpense $-56.80M USD 1 Quarter
Total other income and expenses NonoperatingIncomeExpense $-25.04M USD 2 Qtrs
Total other income and expenses NonoperatingIncomeExpense $-6.25M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $147.75M USD 2 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $69.24M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $85.69M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $135.91M USD 2 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $990.00K USD 2 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $6.26M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $3.12M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $260.00K USD 2 Qtrs
Net Income ProfitLoss $134.92M USD 2 Qtrs
Net Income ProfitLoss $147.49M USD 2 Qtrs
Net Income ProfitLoss $66.12M USD 1 Quarter
Net Income ProfitLoss $79.42M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $83.00K USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $385.00K USD 2 Qtrs
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $6.54M USD 2 Qtrs
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $3.74M USD 1 Quarter
Net Income Attributable to W. P. Carey NetIncomeLoss $140.96M USD 2 Qtrs
Net Income Attributable to W. P. Carey NetIncomeLoss $75.68M USD 1 Quarter
Net Income Attributable to W. P. Carey NetIncomeLoss $66.04M USD 1 Quarter
Net Income Attributable to W. P. Carey NetIncomeLoss $134.53M USD 2 Qtrs
Basic Earnings Per Share (usd per share) IncomeLossFromContinuingOperationsPerBasicShare $0.70 USD 1 Quarter
Basic Earnings Per Share (usd per share) IncomeLossFromContinuingOperationsPerBasicShare $1.30 USD 2 Qtrs
Basic Earnings Per Share (usd per share) IncomeLossFromContinuingOperationsPerBasicShare $0.39 USD 1 Quarter
Basic Earnings Per Share (usd per share) IncomeLossFromContinuingOperationsPerBasicShare $0.79 USD 2 Qtrs
Diluted Earnings Per Share (usd per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.38 USD 1 Quarter
Diluted Earnings Per Share (usd per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.70 USD 1 Quarter
Diluted Earnings Per Share (usd per share) IncomeLossFromContinuingOperationsPerDilutedShare $1.30 USD 2 Qtrs
Diluted Earnings Per Share (usd per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.79 USD 2 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 108.06M shares 2 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 108.06M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 171.30M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 169.28M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 171.49M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 108.23M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 108.24M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 169.52M shares 2 Qtrs
Cash Flow Statement 99 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $66.12M USD 1 Quarter
Net income ProfitLoss $79.42M USD 1 Quarter
Net income ProfitLoss $147.49M USD 2 Qtrs
Net income ProfitLoss $134.92M USD 2 Qtrs
Depreciation and amortization, including intangible assets and deferred financing costs DepreciationAmortizationAndAccretionNet $132.19M USD 2 Qtrs
Depreciation and amortization, including intangible assets and deferred financing costs DepreciationAmortizationAndAccretionNet $232.10M USD 2 Qtrs
Amortization of rent-related intangibles and deferred rental revenue AmortizationOfRentRelatedIntangiblesandDeferredRentalRevenue $32.38M USD 2 Qtrs
Amortization of rent-related intangibles and deferred rental revenue AmortizationOfRentRelatedIntangiblesandDeferredRentalRevenue $23.33M USD 2 Qtrs
Straight-line rent adjustments StraightLineRentAdjustments $-7.50M USD 2 Qtrs
Straight-line rent adjustments StraightLineRentAdjustments $-24.29M USD 2 Qtrs
Realized and unrealized losses (gains) on foreign currency transactions, derivatives, and other RealizedGainLossOnForeignCurrencyTransactionsAndOther $4.33M USD 2 Qtrs
Realized and unrealized losses (gains) on foreign currency transactions, derivatives, and other RealizedGainLossOnForeignCurrencyTransactionsAndOther $-15.97M USD 2 Qtrs
Investment Management revenue received in shares of Managed REITs and other ManagementIncomeReceivedInSharesOfAffiliates $30.79M USD 2 Qtrs
Investment Management revenue received in shares of Managed REITs and other ManagementIncomeReceivedInSharesOfAffiliates $15.36M USD 2 Qtrs
Distributions of earnings from equity method investments EquityMethodInvestmentDividendsOrDistributions $28.36M USD 2 Qtrs
Distributions of earnings from equity method investments EquityMethodInvestmentDividendsOrDistributions $12.89M USD 2 Qtrs
Equity in earnings of equity method investments in the Managed Programs and real estate IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $27.88M USD 2 Qtrs
Equity in earnings of equity method investments in the Managed Programs and real estate IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $9.44M USD 2 Qtrs
Stock-based compensation expense AllocatedShareBasedCompensationExpense $3.70M USD 1 Quarter
Stock-based compensation expense AllocatedShareBasedCompensationExpense $9.10M USD 2 Qtrs
Stock-based compensation expense AllocatedShareBasedCompensationExpense $11.92M USD 2 Qtrs
Stock-based compensation expense AllocatedShareBasedCompensationExpense $4.90M USD 1 Quarter
Deferred income tax benefit DeferredIncomeTaxExpenseBenefit $-8.96M USD 2 Qtrs
Deferred income tax benefit DeferredIncomeTaxExpenseBenefit $-2.12M USD 2 Qtrs
Gain on sale of real estate, net GainLossOnSaleOfProperties $18.64M USD 2 Qtrs
Gain on sale of real estate, net GainLossOnSaleOfProperties $571.00K USD 2 Qtrs
Impairment charges ImpairmentOfRealEstate - USD 1 Quarter
Impairment charges ImpairmentOfRealEstate - USD 1 Quarter
Impairment charges ImpairmentOfRealEstate - USD 2 Qtrs
Impairment charges ImpairmentOfRealEstate $4.79M USD 2 Qtrs
Net changes in other operating assets and liabilities IncreaseDecreaseInOtherOperatingCapitalNet $60.18M USD 2 Qtrs
Net changes in other operating assets and liabilities IncreaseDecreaseInOtherOperatingCapitalNet $24.10M USD 2 Qtrs
Deferred structuring revenue received DeferredAcquisitionRevenueReceived $5.62M USD 2 Qtrs
Deferred structuring revenue received DeferredAcquisitionRevenueReceived $3.34M USD 2 Qtrs
Increase in deferred structuring revenue receivable IncreaseDecreaseInStructuringRevenueReceivable $2.58M USD 2 Qtrs
Increase in deferred structuring revenue receivable IncreaseDecreaseInStructuringRevenueReceivable $573.00K USD 2 Qtrs
Net Cash Provided by Operating Activities NetCashProvidedByUsedInOperatingActivities $228.91M USD 2 Qtrs
Net Cash Provided by Operating Activities NetCashProvidedByUsedInOperatingActivities $328.16M USD 2 Qtrs
Purchases of real estate PaymentsToAcquireRealEstate $269.89M USD 2 Qtrs
Purchases of real estate PaymentsToAcquireRealEstate $289.77M USD 2 Qtrs
Funding for real estate construction, redevelopments, and other capital expenditures on real estate PaymentsToAcquireRealEstateUnderConstruction $48.89M USD 2 Qtrs
Funding for real estate construction, redevelopments, and other capital expenditures on real estate PaymentsToAcquireRealEstateUnderConstruction $76.89M USD 2 Qtrs
Return of capital from equity method investments ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $27.19M USD 2 Qtrs
Return of capital from equity method investments ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $6.96M USD 2 Qtrs
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities $-23.14M USD 2 Qtrs
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities $4.01M USD 2 Qtrs
Proceeds from sales of real estate ProceedsFromSaleOfRealEstateHeldforinvestment $12.59M USD 2 Qtrs
Proceeds from sales of real estate ProceedsFromSaleOfRealEstateHeldforinvestment $77.74M USD 2 Qtrs
Funding of short-term loans to affiliates PaymentsForAdvanceToAffiliate $10.60M USD 2 Qtrs
Funding of short-term loans to affiliates PaymentsForAdvanceToAffiliate $10.00M USD 2 Qtrs
Proceeds from repayment of loan receivable ProceedsFromCollectionOfLoansReceivable $9.57M USD 2 Qtrs
Proceeds from repayment of loan receivable ProceedsFromCollectionOfLoansReceivable $362.00K USD 2 Qtrs
Proceeds from repayment of loan receivable ProceedsFromCollectionOfLoansReceivable $9.30M USD Point-in-time
Capital contributions to equity method investments PaymentsToAcquireEquityMethodInvestments $2.59M USD 2 Qtrs
Capital contributions to equity method investments PaymentsToAcquireEquityMethodInvestments $715.00K USD 2 Qtrs
Proceeds from repayment of short-term loans to affiliates RepaymentOfNotesReceivableFromRelatedParties - USD 2 Qtrs
Proceeds from repayment of short-term loans to affiliates RepaymentOfNotesReceivableFromRelatedParties $37.00M USD 2 Qtrs
Net Cash Used in Investing Activities NetCashProvidedByUsedInInvestingActivities $-211.45M USD 2 Qtrs
Net Cash Used in Investing Activities NetCashProvidedByUsedInInvestingActivities $-307.36M USD 2 Qtrs
Proceeds from Senior Unsecured Credit Facility ProceedsFromUnsecuredLinesOfCredit $526.82M USD 2 Qtrs
Proceeds from Senior Unsecured Credit Facility ProceedsFromUnsecuredLinesOfCredit $592.99M USD 2 Qtrs
Repayments of Senior Unsecured Credit Facility RepaymentsOfLinesOfCredit $818.89M USD 2 Qtrs
Repayments of Senior Unsecured Credit Facility RepaymentsOfLinesOfCredit $507.45M USD 2 Qtrs
Prepayments of mortgage principal PrepaymentOfMortgagePrincipal $164.91M USD 2 Qtrs
Prepayments of mortgage principal PrepaymentOfMortgagePrincipal $493.32M USD 2 Qtrs
Proceeds from shares issued under ATM Program, net of selling costs ProceedsFromIssuanceOfCommonStock $392.13M USD 2 Qtrs
Proceeds from shares issued under ATM Program, net of selling costs ProceedsFromIssuanceOfCommonStock - USD 2 Qtrs
Dividends paid PaymentsOfDividendsCommonStock $219.19M USD 2 Qtrs
Dividends paid PaymentsOfDividendsCommonStock $347.45M USD 2 Qtrs
Proceeds from issuance of Senior Unsecured Notes ProceedsFromIssuanceOfUnsecuredDebt $616.36M USD 2 Qtrs
Proceeds from issuance of Senior Unsecured Notes ProceedsFromIssuanceOfUnsecuredDebt $321.35M USD 2 Qtrs
Scheduled payments of mortgage principal RepaymentsOfSecuredDebt $57.36M USD 2 Qtrs
Scheduled payments of mortgage principal RepaymentsOfSecuredDebt $34.34M USD 2 Qtrs
Payments for withholding taxes upon delivery of equity-based awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $15.74M USD 2 Qtrs
Payments for withholding taxes upon delivery of equity-based awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $13.90M USD 2 Qtrs
Payment of financing costs PaymentsOfFinancingCosts $4.29M USD 2 Qtrs
Payment of financing costs PaymentsOfFinancingCosts $2.26M USD 2 Qtrs
Other financing activities, net ProceedsFromPaymentsForOtherFinancingActivities $1.39M USD 2 Qtrs
Other financing activities, net ProceedsFromPaymentsForOtherFinancingActivities $-3.31M USD 2 Qtrs
Contributions from noncontrolling interests ProceedsFromMinorityShareholders $849.00K USD 2 Qtrs
Contributions from noncontrolling interests ProceedsFromMinorityShareholders $71.00K USD 2 Qtrs
Distributions paid to noncontrolling interests PaymentsOfDividendsMinorityInterest $9.77M USD 2 Qtrs
Distributions paid to noncontrolling interests PaymentsOfDividendsMinorityInterest $622.00K USD 2 Qtrs
Proceeds from mortgage financing ProceedsFromIssuanceOfSecuredDebt $857.00K USD 2 Qtrs
Proceeds from mortgage financing ProceedsFromIssuanceOfSecuredDebt - USD 2 Qtrs
Net Cash Used in Financing Activities NetCashProvidedByUsedInFinancingActivities $-58.33M USD 2 Qtrs
Net Cash Used in Financing Activities NetCashProvidedByUsedInFinancingActivities $-181.65M USD 2 Qtrs
Effect of exchange rate changes on cash and cash equivalents and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-1.61M USD 2 Qtrs
Effect of exchange rate changes on cash and cash equivalents and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-4.99M USD 2 Qtrs
Net decrease in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-45.86M USD 2 Qtrs
Net decrease in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-162.45M USD 2 Qtrs
Cash and cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $163.82M USD Point-in-time
Cash and cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $424.06M USD Point-in-time
Cash and cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $261.61M USD Point-in-time
Cash and cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $209.68M USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $424.06M USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $261.61M USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $163.82M USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $209.68M USD Point-in-time
Stockholders Equity 62 line items
Line Item Tag Value Unit Period
Dividends declared (in dollars per share) CommonStockDividendsPerShareDeclared $2.04 USD 2 Qtrs
Dividends declared (in dollars per share) CommonStockDividendsPerShareDeclared $1.02 USD 1 Quarter
Dividends declared (in dollars per share) CommonStockDividendsPerShareDeclared $2.07 USD 2 Qtrs
Dividends declared (in dollars per share) CommonStockDividendsPerShareDeclared $1.03 USD 1 Quarter
Beginning equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.37B USD Point-in-time
Beginning equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.99B USD Point-in-time
Beginning equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.31B USD Point-in-time
Beginning equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.83B USD Point-in-time
Beginning equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.41B USD Point-in-time
Beginning equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $7.02B USD Point-in-time
Beginning equity balance, shares CommonStockSharesOutstanding 165.28M shares Point-in-time
Beginning equity balance, shares CommonStockSharesOutstanding 170.76M shares Point-in-time
Shares issued under ATM Program, net, value StockIssuedDuringPeriodValueNewIssues $88.07M USD 1 Quarter
Shares issued under ATM Program, net, value StockIssuedDuringPeriodValueNewIssues $391.90M USD 2 Qtrs
Shares issued upon delivery of vested restricted share awards, value StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures $-177.00K USD 1 Quarter
Shares issued upon delivery of vested restricted share awards, value StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures $-22.00K USD 1 Quarter
Shares issued upon delivery of vested restricted share awards, value StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures $-15.74M USD 2 Qtrs
Shares issued upon delivery of vested restricted share awards, value StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures $-13.56M USD 2 Qtrs
Shares issued upon purchases under employee share purchase plan, value StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $113.00K USD 1 Quarter
Shares issued upon purchases under employee share purchase plan, value StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $125.00K USD 2 Qtrs
Shares issued upon purchases under employee share purchase plan, value StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $125.00K USD 1 Quarter
Shares issued upon purchases under employee share purchase plan, value StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $113.00K USD 2 Qtrs
Deferral of vested shares, net AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition - USD 2 Qtrs
Amortization of stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $4.94M USD 1 Quarter
Amortization of stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $9.10M USD 2 Qtrs
Amortization of stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $3.70M USD 1 Quarter
Amortization of stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $11.92M USD 2 Qtrs
Contributions from noncontrolling interests NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $71.00K USD 2 Qtrs
Contributions from noncontrolling interests NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $71.00K USD 1 Quarter
Contributions from noncontrolling interests NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $849.00K USD 2 Qtrs
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $126.00K USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $622.00K USD 2 Qtrs
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $4.55M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $9.77M USD 2 Qtrs
Dividends declared Dividends $110.45M USD 1 Quarter
Dividends declared Dividends $353.96M USD 2 Qtrs
Dividends declared Dividends $220.40M USD 2 Qtrs
Dividends declared Dividends $177.74M USD 1 Quarter
Net Income ProfitLoss $66.12M USD 1 Quarter
Net Income ProfitLoss $79.42M USD 1 Quarter
Net Income ProfitLoss $147.49M USD 2 Qtrs
Net Income ProfitLoss $134.92M USD 2 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-4.19M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-39.81M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-21.30M USD 2 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-4.36M USD 2 Qtrs
Unrealized (loss) gain on derivative instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-3.41M USD 1 Quarter
Unrealized (loss) gain on derivative instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $5.68M USD 2 Qtrs
Unrealized (loss) gain on derivative instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $14.07M USD 1 Quarter
Unrealized (loss) gain on derivative instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-1.46M USD 2 Qtrs
Unrealized loss on investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-541.00K USD 1 Quarter
Unrealized loss on investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $370.00K USD 2 Qtrs
Unrealized loss on investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-4.00K USD 2 Qtrs
Unrealized loss on investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-58.00K USD 1 Quarter
Ending equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.41B USD Point-in-time
Ending equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.37B USD Point-in-time
Ending equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.99B USD Point-in-time
Ending equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.31B USD Point-in-time
Ending equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.83B USD Point-in-time
Ending equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $7.02B USD Point-in-time
Ending equity balance, shares CommonStockSharesOutstanding 165.28M shares Point-in-time
Ending equity balance, shares CommonStockSharesOutstanding 170.76M shares Point-in-time
Comprehensive Income 44 line items
Line Item Tag Value Unit Period
Net Income ProfitLoss $66.12M USD 1 Quarter
Net Income ProfitLoss $79.42M USD 1 Quarter
Net Income ProfitLoss $147.49M USD 2 Qtrs
Net Income ProfitLoss $134.92M USD 2 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-4.19M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-39.81M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-21.30M USD 2 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-4.36M USD 2 Qtrs
Unrealized (loss) gain on derivative instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $5.68M USD 2 Qtrs
Unrealized (loss) gain on derivative instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-1.46M USD 2 Qtrs
Unrealized (loss) gain on derivative instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $14.07M USD 1 Quarter
Unrealized (loss) gain on derivative instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-3.41M USD 1 Quarter
Unrealized (loss) gain on investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-541.00K USD 1 Quarter
Unrealized (loss) gain on investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $370.00K USD 2 Qtrs
Unrealized (loss) gain on investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-4.00K USD 2 Qtrs
Unrealized (loss) gain on investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-58.00K USD 1 Quarter
Net current period other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-8.13M USD 1 Quarter
Net current period other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-25.80M USD 1 Quarter
Net current period other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-15.25M USD 2 Qtrs
Net current period other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-5.82M USD 2 Qtrs
Comprehensive Income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $57.99M USD 1 Quarter
Comprehensive Income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $132.24M USD 2 Qtrs
Comprehensive Income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $53.62M USD 1 Quarter
Comprehensive Income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $129.10M USD 2 Qtrs
Net income NetIncomeLossAttributableToNoncontrollingInterest $83.00K USD 1 Quarter
Net income NetIncomeLossAttributableToNoncontrollingInterest $385.00K USD 2 Qtrs
Net income NetIncomeLossAttributableToNoncontrollingInterest $6.54M USD 2 Qtrs
Net income NetIncomeLossAttributableToNoncontrollingInterest $3.74M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest - USD 2 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest - USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest $-3.85M USD 2 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest $-7.63M USD 1 Quarter
Unrealized loss on derivative instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxNoncontrollingInterest - USD 2 Qtrs
Unrealized loss on derivative instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxNoncontrollingInterest $-2.00K USD 1 Quarter
Unrealized loss on derivative instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxNoncontrollingInterest $-5.00K USD 2 Qtrs
Unrealized loss on derivative instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxNoncontrollingInterest - USD 1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $2.68M USD 2 Qtrs
Comprehensive (income) loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $83.00K USD 1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-3.89M USD 1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $385.00K USD 2 Qtrs
Comprehensive Income Attributable to W. P. Carey ComprehensiveIncomeNetOfTax $129.56M USD 2 Qtrs
Comprehensive Income Attributable to W. P. Carey ComprehensiveIncomeNetOfTax $128.71M USD 2 Qtrs
Comprehensive Income Attributable to W. P. Carey ComprehensiveIncomeNetOfTax $57.90M USD 1 Quarter
Comprehensive Income Attributable to W. P. Carey ComprehensiveIncomeNetOfTax $57.52M USD 1 Quarter

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

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