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10-Q Filing

W. P. CAREY INC. CIK: 1025378 Q2 2023
Filing Information
Form Type 10-Q
Accession Number 0001025378-23-000108
Period End Date 20230630
Filing Date 20230728
Fiscal Year 2023
Fiscal Period Q2
XBRL Instance wpc-20230630_htm.xml
Balance Sheet 88 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
Land, buildings and improvements net lease and other RealEstateInvestmentPropertyAtCostRealEstateLeased $13.34B USD Point-in-time
Land, buildings and improvements net lease and other RealEstateInvestmentPropertyAtCostRealEstateLeased $13.56B USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 50.00M shares Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 50.00M shares Point-in-time
Land, buildings and improvements operating properties RealEstateInvestmentPropertyAtCostOperatingRealEstate $1.10B USD Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Land, buildings and improvements operating properties RealEstateInvestmentPropertyAtCostOperatingRealEstate $1.33B USD Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Net investments in finance leases and loans receivable NetInvestmentsInDirectFinancingLeasesAndLoansReceivable $771.76M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Net investments in finance leases and loans receivable NetInvestmentsInDirectFinancingLeasesAndLoansReceivable $1.22B USD Point-in-time
In-place lease intangible assets and other FiniteLivedIntangibleAssetAcquiredInPlaceLeasesNet $2.75B USD Point-in-time
In-place lease intangible assets and other FiniteLivedIntangibleAssetAcquiredInPlaceLeasesNet $2.66B USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 450.00M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 450.00M shares Point-in-time
Above-market rent intangible assets FiniteLivedIntangibleAssetOffMarketLeaseFavorableNet $833.75M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 210.62M shares Point-in-time
Above-market rent intangible assets FiniteLivedIntangibleAssetOffMarketLeaseFavorableNet $806.62M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 213.90M shares Point-in-time
Investments in real estate RealEstateInvestmentPropertyAtCost $19.68B USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 213.90M shares Point-in-time
Investments in real estate RealEstateInvestmentPropertyAtCost $18.70B USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 210.62M shares Point-in-time
Accumulated depreciation and amortization RealEstateInvestmentPropertyAccumulatedDepreciation $3.27B USD Point-in-time
Accumulated depreciation and amortization RealEstateInvestmentPropertyAccumulatedDepreciation $3.38B USD Point-in-time
Assets held for sale, net RealEstateInvestmentsNetIncludingRealEstateHeldForSale $57.94M USD Point-in-time
Assets held for sale, net RealEstateInvestmentsNetIncludingRealEstateHeldForSale $43.00M USD Point-in-time
Net investments in real estate RealEstateInvestments $15.49B USD Point-in-time
Net investments in real estate RealEstateInvestments $16.34B USD Point-in-time
Equity method investments EquityMethodInvestments $340.29M USD Point-in-time
Equity method investments EquityMethodInvestments $327.50M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $168.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $204.10M USD Point-in-time
Other assets, net OtherAssets $1.08B USD Point-in-time
Other assets, net OtherAssets $1.15B USD Point-in-time
Goodwill Goodwill $1.04B USD Point-in-time
Goodwill Goodwill $1.04B USD Point-in-time
Total assets Assets $18.10B USD Point-in-time
Total assets Assets $19.08B USD Point-in-time
Senior unsecured notes, net SeniorNotes $5.98B USD Point-in-time
Senior unsecured notes, net SeniorNotes $5.92B USD Point-in-time
Unsecured term loans, net UnsecuredDebt $1.11B USD Point-in-time
Unsecured term loans, net UnsecuredDebt $552.54M USD Point-in-time
Unsecured revolving credit facility LineOfCredit $276.39M USD Point-in-time
Unsecured revolving credit facility LineOfCredit $528.71M USD Point-in-time
Non-recourse mortgages, net SecuredDebt $995.43M USD Point-in-time
Non-recourse mortgages, net SecuredDebt $1.13B USD Point-in-time
Debt, net LongTermDebt $8.62B USD Point-in-time
Debt, net LongTermDebt $7.88B USD Point-in-time
Accounts payable, accrued expenses and other liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $623.84M USD Point-in-time
Accounts payable, accrued expenses and other liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $643.83M USD Point-in-time
Below-market rent and other intangible liabilities, net BelowMarketLeaseNet $157.73M USD Point-in-time
Below-market rent and other intangible liabilities, net BelowMarketLeaseNet $184.58M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $178.96M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $179.45M USD Point-in-time
Dividends payable DividendsPayableCurrentAndNoncurrent $228.26M USD Point-in-time
Dividends payable DividendsPayableCurrentAndNoncurrent $232.46M USD Point-in-time
Total liabilities Liabilities $9.83B USD Point-in-time
Total liabilities Liabilities $9.09B 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; 213,901,170 and 210,620,949 shares, respectively, issued and outstanding CommonStockValue $211.00K USD Point-in-time
Common stock, $0.001 par value, 450,000,000 shares authorized; 213,901,170 and 210,620,949 shares, respectively, issued and outstanding CommonStockValue $214.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $11.96B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $11.71B USD Point-in-time
Distributions in excess of accumulated earnings AccumulatedDistributionsInExcessOfNetIncome $2.51B USD Point-in-time
Distributions in excess of accumulated earnings AccumulatedDistributionsInExcessOfNetIncome $2.49B USD Point-in-time
Deferred compensation obligation TreasuryStockDeferredEmployeeStockOwnershipPlan $62.05M USD Point-in-time
Deferred compensation obligation TreasuryStockDeferredEmployeeStockOwnershipPlan $57.01M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-279.93M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-283.78M USD Point-in-time
Total stockholders equity StockholdersEquity $9.23B USD Point-in-time
Total stockholders equity StockholdersEquity $8.99B USD Point-in-time
Noncontrolling interests MinorityInterest $15.00M USD Point-in-time
Noncontrolling interests MinorityInterest $16.36M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $7.58B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.32B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $7.64B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $7.69B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.01B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.25B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $18.10B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $19.08B USD Point-in-time
Income Statement 108 line items
Line Item Tag Value Unit Period
Lease revenues OperatingLeaseLeaseIncome $622.08M USD 2 Qtrs
Lease revenues OperatingLeaseLeaseIncome $721.46M USD 2 Qtrs
Lease revenues OperatingLeaseLeaseIncome $369.12M USD 1 Quarter
Lease revenues OperatingLeaseLeaseIncome $314.35M USD 1 Quarter
Revenues Revenues $692.84M USD 2 Qtrs
Revenues Revenues $880.37M USD 2 Qtrs
Revenues Revenues $452.58M USD 1 Quarter
Revenues Revenues $344.40M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $299.96M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $143.55M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $230.47M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $115.08M USD 1 Quarter
Operating property expenses OperatingPropertyExpenses $26.92M USD 1 Quarter
Operating property expenses OperatingPropertyExpenses $48.17M USD 2 Qtrs
Operating property expenses OperatingPropertyExpenses $5.98M USD 2 Qtrs
Operating property expenses OperatingPropertyExpenses $3.19M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $51.24M USD 2 Qtrs
General and administrative GeneralAndAdministrativeExpense $20.84M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $24.79M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $43.92M USD 2 Qtrs
Reimbursable tenant costs ReimbursableTenantExpense $33.66M USD 2 Qtrs
Reimbursable tenant costs ReimbursableTenantExpense $16.70M USD 1 Quarter
Reimbursable tenant costs ReimbursableTenantExpense $42.50M USD 2 Qtrs
Reimbursable tenant costs ReimbursableTenantExpense $20.52M USD 1 Quarter
Stock-based compensation expense AllocatedStockBasedCompensationExpenseExcludingRestructuringExpense $16.76M USD 2 Qtrs
Stock-based compensation expense AllocatedStockBasedCompensationExpenseExcludingRestructuringExpense $9.76M USD 1 Quarter
Stock-based compensation expense AllocatedStockBasedCompensationExpenseExcludingRestructuringExpense $17.59M USD 2 Qtrs
Stock-based compensation expense AllocatedStockBasedCompensationExpenseExcludingRestructuringExpense $8.99M USD 1 Quarter
Property expenses, excluding reimbursable tenant costs OccupancyNet $11.85M USD 1 Quarter
Property expenses, excluding reimbursable tenant costs OccupancyNet $25.63M USD 2 Qtrs
Property expenses, excluding reimbursable tenant costs OccupancyNet $18.14M USD 2 Qtrs
Property expenses, excluding reimbursable tenant costs OccupancyNet $5.37M USD 1 Quarter
Merger and other expenses MergerAndOtherExpensesOperating $1.44M USD 2 Qtrs
Merger and other expenses MergerAndOtherExpensesOperating $1.98M USD 1 Quarter
Merger and other expenses MergerAndOtherExpensesOperating $-338.00K USD 2 Qtrs
Merger and other expenses MergerAndOtherExpensesOperating $1.42M USD 1 Quarter
Reimbursable costs from affiliates CostOfRevenue $2.07M USD 2 Qtrs
Reimbursable costs from affiliates CostOfRevenue $1.14M USD 1 Quarter
Reimbursable costs from affiliates CostOfRevenue $225.00K USD 2 Qtrs
Reimbursable costs from affiliates CostOfRevenue $124.00K USD 1 Quarter
Impairment charges real estate ImpairmentOfRealEstate $26.39M USD 2 Qtrs
Impairment charges real estate ImpairmentOfRealEstate - USD 1 Quarter
Impairment charges real estate ImpairmentOfRealEstate $6.21M USD 1 Quarter
Impairment charges real estate ImpairmentOfRealEstate - USD 2 Qtrs
Total operating expenses CostsAndExpenses $478.43M USD 2 Qtrs
Total operating expenses CostsAndExpenses $385.38M USD 2 Qtrs
Total operating expenses CostsAndExpenses $186.76M USD 1 Quarter
Total operating expenses CostsAndExpenses $231.69M USD 1 Quarter
Interest expense InterestExpense $46.42M USD 1 Quarter
Interest expense InterestExpense $75.49M USD 1 Quarter
Interest expense InterestExpense $92.47M USD 2 Qtrs
Interest expense InterestExpense $142.68M USD 2 Qtrs
Non-operating income OtherNonoperatingIncomeExpense $4.51M USD 1 Quarter
Non-operating income OtherNonoperatingIncomeExpense $5.97M USD 1 Quarter
Non-operating income OtherNonoperatingIncomeExpense $14.52M USD 2 Qtrs
Non-operating income OtherNonoperatingIncomeExpense $9.13M USD 2 Qtrs
Earnings from equity method investments IncomeLossFromEquityMethodInvestments $4.36M USD 1 Quarter
Earnings from equity method investments IncomeLossFromEquityMethodInvestments $9.59M USD 2 Qtrs
Earnings from equity method investments IncomeLossFromEquityMethodInvestments $12.17M USD 2 Qtrs
Earnings from equity method investments IncomeLossFromEquityMethodInvestments $7.40M USD 1 Quarter
Gain on sale of real estate, net GainLossOnSaleOfProperties $179.56M USD 2 Qtrs
Gain on sale of real estate, net GainLossOnSaleOfProperties $1.81M USD 1 Quarter
Gain on sale of real estate, net GainLossOnSaleOfProperties $31.12M USD 1 Quarter
Gain on sale of real estate, net GainLossOnSaleOfProperties $42.37M USD 2 Qtrs
Other gains and (losses) OtherNonoperatingGainsLosses $-1.37M USD 1 Quarter
Other gains and (losses) OtherNonoperatingGainsLosses $-21.75M USD 1 Quarter
Other gains and (losses) OtherNonoperatingGainsLosses $6.73M USD 2 Qtrs
Other gains and (losses) OtherNonoperatingGainsLosses $14.00M USD 2 Qtrs
Total other income and expenses NonoperatingIncomeExpense $-9.41M USD 2 Qtrs
Total other income and expenses NonoperatingIncomeExpense $-66.18M USD 1 Quarter
Total other income and expenses NonoperatingIncomeExpense $62.33M USD 2 Qtrs
Total other income and expenses NonoperatingIncomeExpense $-23.67M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $133.97M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $464.27M USD 2 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $298.05M USD 2 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $154.71M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $25.25M USD 2 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $6.25M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $13.34M USD 2 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $10.13M USD 1 Quarter
Net Income ProfitLoss $284.71M USD 2 Qtrs
Net Income ProfitLoss $144.58M USD 1 Quarter
Net Income ProfitLoss $127.72M USD 1 Quarter
Net Income ProfitLoss $439.02M USD 2 Qtrs
Net loss (income) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $38.00K USD 2 Qtrs
Net loss (income) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $40.00K USD 1 Quarter
Net loss (income) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $21.00K USD 2 Qtrs
Net loss (income) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-40.00K USD 1 Quarter
Net Income Attributable to W. P. Carey NetIncomeLoss $439.00M USD 2 Qtrs
Net Income Attributable to W. P. Carey NetIncomeLoss $127.68M USD 1 Quarter
Net Income Attributable to W. P. Carey NetIncomeLoss $144.62M USD 1 Quarter
Net Income Attributable to W. P. Carey NetIncomeLoss $284.67M USD 2 Qtrs
Basic earnings per share (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $0.66 USD 1 Quarter
Basic earnings per share (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $0.67 USD 1 Quarter
Basic earnings per share (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $1.48 USD 2 Qtrs
Basic earnings per share (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $2.06 USD 2 Qtrs
Diluted earnings per share (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $2.05 USD 2 Qtrs
Diluted earnings per share (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.67 USD 1 Quarter
Diluted earnings per share (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $1.47 USD 2 Qtrs
Diluted earnings per share (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.66 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 192.97M shares 2 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 215.08M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 194.02M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 213.52M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 193.71M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 215.18M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 194.76M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 213.88M shares 2 Qtrs
Cash Flow Statement 102 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $439.02M USD 2 Qtrs
Net income ProfitLoss $127.72M USD 1 Quarter
Net income ProfitLoss $144.58M USD 1 Quarter
Net income ProfitLoss $284.71M USD 2 Qtrs
Depreciation and amortization, including intangible assets and deferred financing costs DepreciationAmortizationAndAccretionNet $309.99M USD 2 Qtrs
Depreciation and amortization, including intangible assets and deferred financing costs DepreciationAmortizationAndAccretionNet $237.67M USD 2 Qtrs
Gain on sale of real estate, net GainLossOnSaleOfProperties $179.56M USD 2 Qtrs
Gain on sale of real estate, net GainLossOnSaleOfProperties $1.81M USD 1 Quarter
Gain on sale of real estate, net GainLossOnSaleOfProperties $31.12M USD 1 Quarter
Gain on sale of real estate, net GainLossOnSaleOfProperties $42.37M USD 2 Qtrs
Straight-line rent adjustments StraightLineRentAdjustments $-27.15M USD 2 Qtrs
Straight-line rent adjustments StraightLineRentAdjustments $-35.97M USD 2 Qtrs
Amortization of rent-related intangibles and deferred rental revenue AmortizationOfRentRelatedIntangiblesAndDeferredRentalRevenue $22.70M USD 2 Qtrs
Amortization of rent-related intangibles and deferred rental revenue AmortizationOfRentRelatedIntangiblesAndDeferredRentalRevenue $19.79M USD 2 Qtrs
Stock-based compensation expense AllocatedShareBasedCompensationExpense $17.59M USD 2 Qtrs
Stock-based compensation expense AllocatedShareBasedCompensationExpense $9.80M USD 1 Quarter
Stock-based compensation expense AllocatedShareBasedCompensationExpense $16.76M USD 2 Qtrs
Stock-based compensation expense AllocatedShareBasedCompensationExpense $9.00M USD 1 Quarter
Distributions of earnings from equity method investments EquityMethodInvestmentDividendsOrDistributions $15.91M USD 2 Qtrs
Distributions of earnings from equity method investments EquityMethodInvestmentDividendsOrDistributions $9.93M USD 2 Qtrs
Earnings from equity method investments IncomeLossFromEquityMethodInvestments $12.17M USD 2 Qtrs
Earnings from equity method investments IncomeLossFromEquityMethodInvestments $4.36M USD 1 Quarter
Earnings from equity method investments IncomeLossFromEquityMethodInvestments $9.59M USD 2 Qtrs
Earnings from equity method investments IncomeLossFromEquityMethodInvestments $7.40M USD 1 Quarter
Decrease in allowance for credit losses ProvisionForLoanLeaseAndOtherLosses $-980.00K USD 2 Qtrs
Decrease in allowance for credit losses ProvisionForLoanLeaseAndOtherLosses $-3.63M USD 2 Qtrs
Net realized and unrealized gains on equity securities, extinguishment of debt, foreign currency exchange rate movements, and other RealizedGainLossOnForeignCurrencyTransactionsAndOther $2.13M USD 2 Qtrs
Net realized and unrealized gains on equity securities, extinguishment of debt, foreign currency exchange rate movements, and other RealizedGainLossOnForeignCurrencyTransactionsAndOther $12.62M USD 2 Qtrs
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $-2.70M USD 1 Quarter
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $1.64M USD 2 Qtrs
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $-400.00K USD 1 Quarter
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $-1.60M USD 2 Qtrs
Impairment charges real estate ImpairmentOfRealEstate $26.39M USD 2 Qtrs
Impairment charges real estate ImpairmentOfRealEstate - USD 1 Quarter
Impairment charges real estate ImpairmentOfRealEstate $6.21M USD 1 Quarter
Impairment charges real estate ImpairmentOfRealEstate - USD 2 Qtrs
Asset management revenue received in shares of CPA:18 Global ManagementIncomeReceivedInSharesOfAffiliates - USD 2 Qtrs
Asset management revenue received in shares of CPA:18 Global ManagementIncomeReceivedInSharesOfAffiliates $1.02M 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 $35.94M USD 2 Qtrs
Net Cash Provided by Operating Activities NetCashProvidedByUsedInOperatingActivities $446.88M USD 2 Qtrs
Net Cash Provided by Operating Activities NetCashProvidedByUsedInOperatingActivities $530.33M USD 2 Qtrs
Purchases of real estate PaymentsToAcquireRealEstate $895.03M USD 2 Qtrs
Purchases of real estate PaymentsToAcquireRealEstate $614.40M USD 2 Qtrs
Funding for real estate construction, redevelopments, and other capital expenditures on real estate PaymentsToAcquireRealEstateUnderConstruction $62.13M USD 2 Qtrs
Funding for real estate construction, redevelopments, and other capital expenditures on real estate PaymentsToAcquireRealEstateUnderConstruction $56.74M USD 2 Qtrs
Proceeds from sales of real estate ProceedsFromSaleOfRealEstateHeldforinvestment $115.13M USD 2 Qtrs
Proceeds from sales of real estate ProceedsFromSaleOfRealEstateHeldforinvestment $44.06M USD 2 Qtrs
Tenant-funded escrow for investing activities TenantFundedEscrowForInvestingActivities $29.79M USD 2 Qtrs
Tenant-funded escrow for investing activities TenantFundedEscrowForInvestingActivities - USD 2 Qtrs
Capital contributions to equity method investments PaymentsToAcquireEquityMethodInvestments $23.68M USD 2 Qtrs
Capital contributions to equity method investments PaymentsToAcquireEquityMethodInvestments $39.61M USD 2 Qtrs
Return of capital from equity method investments ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $9.94M USD 2 Qtrs
Return of capital from equity method investments ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $8.11M USD 2 Qtrs
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities $8.56M USD 2 Qtrs
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities $2.72M USD 2 Qtrs
Proceeds from redemption of WLT preferred stock (Note 8) ProceedsFromSaleAndMaturityOfTradingSecuritiesHeldforinvestment - USD 2 Qtrs
Proceeds from redemption of WLT preferred stock (Note 8) ProceedsFromSaleAndMaturityOfTradingSecuritiesHeldforinvestment $65.00M USD 2 Qtrs
Funding of short-term loans to affiliates PaymentsForAdvanceToAffiliate - USD 2 Qtrs
Funding of short-term loans to affiliates PaymentsForAdvanceToAffiliate $26.00M USD 2 Qtrs
Investment in loan receivable PaymentsToAcquireLoansReceivable $19.29M USD 2 Qtrs
Investment in loan receivable PaymentsToAcquireLoansReceivable - 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 $10.00M USD 2 Qtrs
Net Cash Used in Investing Activities NetCashProvidedByUsedInInvestingActivities $-560.52M USD 2 Qtrs
Net Cash Used in Investing Activities NetCashProvidedByUsedInInvestingActivities $-905.62M USD 2 Qtrs
Proceeds from Unsecured Revolving Credit Facility ProceedsFromUnsecuredLinesOfCredit $696.98M USD 2 Qtrs
Proceeds from Unsecured Revolving Credit Facility ProceedsFromUnsecuredLinesOfCredit $1.82B USD 2 Qtrs
Repayments of Unsecured Revolving Credit Facility RepaymentsOfLinesOfCredit $1.58B USD 2 Qtrs
Repayments of Unsecured Revolving Credit Facility RepaymentsOfLinesOfCredit $657.87M USD 2 Qtrs
Proceeds from term loans ProceedsFromIssuanceOfSecuredDebt $283.14M USD 2 Qtrs
Proceeds from term loans ProceedsFromIssuanceOfSecuredDebt $546.01M USD 2 Qtrs
Dividends paid PaymentsOfDividendsCommonStock $456.17M USD 2 Qtrs
Dividends paid PaymentsOfDividendsCommonStock $407.73M USD 2 Qtrs
Proceeds from shares issued under ATM Program, net of selling costs ProceedsFromIssuanceOfCommonStock $249.81M USD 2 Qtrs
Proceeds from shares issued under ATM Program, net of selling costs ProceedsFromIssuanceOfCommonStock $218.09M USD 2 Qtrs
Scheduled payments of mortgage principal RepaymentsOfSecuredDebt $85.89M USD 2 Qtrs
Scheduled payments of mortgage principal RepaymentsOfSecuredDebt $14.71M USD 2 Qtrs
Prepayments of mortgage principal PrepaymentOfMortgagePrincipal $52.88M USD 2 Qtrs
Prepayments of mortgage principal PrepaymentOfMortgagePrincipal $10.38M USD 2 Qtrs
Payments for withholding taxes upon delivery of equity-based awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $13.62M USD 2 Qtrs
Payments for withholding taxes upon delivery of equity-based awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $6.60M USD 2 Qtrs
Contributions from noncontrolling interests ProceedsFromMinorityShareholders - USD 2 Qtrs
Contributions from noncontrolling interests ProceedsFromMinorityShareholders $2.89M USD 2 Qtrs
Other financing activities, net ProceedsFromPaymentsForOtherFinancingActivities $2.19M USD 2 Qtrs
Other financing activities, net ProceedsFromPaymentsForOtherFinancingActivities $5.66M USD 2 Qtrs
Distributions to noncontrolling interests PaymentsOfDividendsMinorityInterest $65.00K USD 2 Qtrs
Distributions to noncontrolling interests PaymentsOfDividendsMinorityInterest $280.00K USD 2 Qtrs
Net Cash Provided by Financing Activities NetCashProvidedByUsedInFinancingActivities $435.52M USD 2 Qtrs
Net Cash Provided by Financing Activities NetCashProvidedByUsedInFinancingActivities $106.53M USD 2 Qtrs
Effect of exchange rate changes on cash and cash equivalents and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.91M USD 2 Qtrs
Effect of exchange rate changes on cash and cash equivalents and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-10.35M USD 2 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-17.46M USD 2 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $62.15M USD 2 Qtrs
Cash and cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $286.29M USD Point-in-time
Cash and cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $200.49M USD Point-in-time
Cash and cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $224.14M USD Point-in-time
Cash and cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $217.95M USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $224.14M USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $286.29M USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $200.49M USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $217.95M USD Point-in-time
Stockholders Equity 64 line items
Line Item Tag Value Unit Period
Dividends declared (in dollars per share) CommonStockDividendsPerShareDeclared $2.14 USD 2 Qtrs
Dividends declared (in dollars per share) CommonStockDividendsPerShareDeclared $1.07 USD 1 Quarter
Dividends declared (in dollars per share) CommonStockDividendsPerShareDeclared $2.12 USD 2 Qtrs
Dividends declared (in dollars per share) CommonStockDividendsPerShareDeclared $1.06 USD 1 Quarter
Beginning equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.32B USD Point-in-time
Beginning equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $7.64B USD Point-in-time
Beginning equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $7.69B USD Point-in-time
Beginning equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.01B USD Point-in-time
Beginning equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $7.58B USD Point-in-time
Beginning equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.25B USD Point-in-time
Beginning equity balance (in shares) CommonStockSharesOutstanding 213.90M shares Point-in-time
Beginning equity balance (in shares) CommonStockSharesOutstanding 210.62M shares Point-in-time
Shares issued under ATM Program, net StockIssuedDuringPeriodValueNewIssues $249.86M USD 2 Qtrs
Shares issued under ATM Program, net StockIssuedDuringPeriodValueNewIssues $39.14M USD 1 Quarter
Shares issued under ATM Program, net StockIssuedDuringPeriodValueNewIssues $218.10M USD 2 Qtrs
Shares issued upon delivery of vested restricted share awards StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures $-292.00K USD 1 Quarter
Shares issued upon delivery of vested restricted share awards StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures $-13.62M USD 2 Qtrs
Shares issued upon delivery of vested restricted share awards StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures $-6.60M USD 2 Qtrs
Shares issued upon purchases under employee share purchase plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $294.00K USD 1 Quarter
Shares issued upon purchases under employee share purchase plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $294.00K USD 2 Qtrs
Shares issued upon purchases under employee share purchase plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $155.00K USD 1 Quarter
Shares issued upon purchases under employee share purchase plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $155.00K USD 2 Qtrs
Amortization of stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $8.99M USD 1 Quarter
Amortization of stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $9.76M USD 1 Quarter
Amortization of stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $17.59M USD 2 Qtrs
Amortization of stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $16.76M USD 2 Qtrs
Acquisition of noncontrolling interest NoncontrollingInterestIncreaseFromBusinessCombination - USD 1 Quarter
Acquisition of noncontrolling interest NoncontrollingInterestIncreaseFromBusinessCombination - USD 2 Qtrs
Delivery of deferred vested shares, net AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition - USD 2 Qtrs
Delivery of deferred vested shares, net AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition - USD 1 Quarter
Delivery of deferred vested shares, net AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition - USD 2 Qtrs
Contributions from noncontrolling interests NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $2.89M USD 2 Qtrs
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $65.00K USD 2 Qtrs
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $280.00K USD 2 Qtrs
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $144.00K USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $51.00K USD 1 Quarter
Dividends declared Dividends $230.41M USD 1 Quarter
Dividends declared Dividends $205.90M USD 1 Quarter
Dividends declared Dividends $411.39M USD 2 Qtrs
Dividends declared Dividends $460.38M USD 2 Qtrs
Net income ProfitLoss $439.02M USD 2 Qtrs
Net income ProfitLoss $127.72M USD 1 Quarter
Net income ProfitLoss $144.58M USD 1 Quarter
Net income ProfitLoss $284.71M USD 2 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-53.15M USD 2 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-43.99M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $9.48M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $15.94M USD 2 Qtrs
Unrealized (loss) gain on derivative instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-4.94M USD 1 Quarter
Unrealized (loss) gain on derivative instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $19.98M USD 1 Quarter
Unrealized (loss) gain on derivative instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $27.35M USD 2 Qtrs
Unrealized (loss) gain on derivative instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-12.20M USD 2 Qtrs
Reclassification of unrealized gain on investments to net income OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax - USD 1 Quarter
Reclassification of unrealized gain on investments to net income OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax - USD 2 Qtrs
Reclassification of unrealized gain on investments to net income OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-18.69M USD 2 Qtrs
Reclassification of unrealized gain on investments to net income OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax - USD 1 Quarter
Ending equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.32B USD Point-in-time
Ending equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $7.64B USD Point-in-time
Ending equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $7.69B USD Point-in-time
Ending equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.01B USD Point-in-time
Ending equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $7.58B USD Point-in-time
Ending equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.25B USD Point-in-time
Ending equity balance (in shares) CommonStockSharesOutstanding 213.90M shares Point-in-time
Ending equity balance (in shares) CommonStockSharesOutstanding 210.62M shares Point-in-time
Comprehensive Income 40 line items
Line Item Tag Value Unit Period
Net Income ProfitLoss $439.02M USD 2 Qtrs
Net Income ProfitLoss $127.72M USD 1 Quarter
Net Income ProfitLoss $144.58M USD 1 Quarter
Net Income ProfitLoss $284.71M USD 2 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $9.48M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $15.94M USD 2 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-53.15M USD 2 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-43.99M USD 1 Quarter
Unrealized (loss) gain on derivative instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-12.20M USD 2 Qtrs
Unrealized (loss) gain on derivative instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $27.35M USD 2 Qtrs
Unrealized (loss) gain on derivative instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-4.94M USD 1 Quarter
Unrealized (loss) gain on derivative instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $19.98M USD 1 Quarter
Reclassification of unrealized gain on investments to net income OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax - USD 1 Quarter
Reclassification of unrealized gain on investments to net income OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-18.69M USD 2 Qtrs
Reclassification of unrealized gain on investments to net income OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax - USD 1 Quarter
Reclassification of unrealized gain on investments to net income OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax - USD 2 Qtrs
Other Comprehensive Income (Loss) OtherComprehensiveIncomeLossNetOfTax $-24.02M USD 1 Quarter
Other Comprehensive Income (Loss) OtherComprehensiveIncomeLossNetOfTax $3.74M USD 2 Qtrs
Other Comprehensive Income (Loss) OtherComprehensiveIncomeLossNetOfTax $4.54M USD 1 Quarter
Other Comprehensive Income (Loss) OtherComprehensiveIncomeLossNetOfTax $-44.49M USD 2 Qtrs
Comprehensive Income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $442.76M USD 2 Qtrs
Comprehensive Income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $149.12M USD 1 Quarter
Comprehensive Income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $240.22M USD 2 Qtrs
Comprehensive Income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $103.70M USD 1 Quarter
Net loss (income) NetIncomeLossAttributableToNoncontrollingInterest $38.00K USD 2 Qtrs
Net loss (income) NetIncomeLossAttributableToNoncontrollingInterest $40.00K USD 1 Quarter
Net loss (income) NetIncomeLossAttributableToNoncontrollingInterest $21.00K USD 2 Qtrs
Net loss (income) NetIncomeLossAttributableToNoncontrollingInterest $-40.00K USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest - USD 2 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest $-85.00K USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest - USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest $-113.00K USD 2 Qtrs
Comprehensive loss (income) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $40.00K USD 1 Quarter
Comprehensive loss (income) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $38.00K USD 2 Qtrs
Comprehensive loss (income) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-125.00K USD 1 Quarter
Comprehensive loss (income) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-92.00K USD 2 Qtrs
Comprehensive Income Attributable to W. P. Carey ComprehensiveIncomeNetOfTax $442.85M USD 2 Qtrs
Comprehensive Income Attributable to W. P. Carey ComprehensiveIncomeNetOfTax $149.25M USD 1 Quarter
Comprehensive Income Attributable to W. P. Carey ComprehensiveIncomeNetOfTax $103.66M USD 1 Quarter
Comprehensive Income Attributable to W. P. Carey ComprehensiveIncomeNetOfTax $240.19M USD 2 Qtrs

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

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