$NYC
American Strategic Investment Co.

2015 Q1 Form 10-K Financial Statement

#000159552715000008 Filed on March 31, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2014 2013 Q4
Revenue $2.803M $2.851M $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.839M $843.0K $0.00
YoY Change
% of Gross Profit
Operating Expenses $10.02M $9.386M $0.00
YoY Change 62525.0%
Operating Profit -$7.217M -$6.535M $0.00
YoY Change 45006.25%
Interest Expense $56.00K $0.00 $0.00
YoY Change
% of Operating Profit
Other Income/Expense, Net -$22.00K $16.00K $0.00
YoY Change
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings -$7.239M -$6.519M $0.00
YoY Change 45143.75%
Net Earnings / Revenue -258.26% -228.66%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 23.99M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q1 2014 2013 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $109.9M $0.00
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $656.5M $35.00K
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $136.2M $35.00K
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings -$32.61M $0.00
YoY Change
Common Stock $251.0K $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $520.2M $0.00
YoY Change
Total Liabilities & Shareholders Equity $656.5M $35.00K
YoY Change

Cashflow Statement

Concept 2015 Q1 2014 2013 Q4
OPERATING ACTIVITIES
Net Income -$7.239M -$6.519M $0.00
YoY Change 45143.75%
Depreciation, Depletion And Amortization $1.839M $843.0K $0.00
YoY Change
Cash From Operating Activities -$5.402M -$4.965M $0.00
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$156.0M -$256.6M $0.00
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid $3.887M $3.320M $0.00
YoY Change
Common Stock Issuance & Retirement, Net -$108.9M -$503.4M $0.00
YoY Change -54548.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $87.01M $445.9M $0.00
YoY Change 621385.71%
NET CHANGE
Cash From Operating Activities -$5.402M -$4.965M $0.00
Cash From Investing Activities -$156.0M -$256.6M $0.00
Cash From Financing Activities $87.01M $445.9M $0.00
Net Change In Cash -$74.44M $184.3M $0.00
YoY Change -531807.14%
FREE CASH FLOW
Cash From Operating Activities -$5.402M -$4.965M $0.00
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2013Q4 arct Accretion Of Below Market Lease Liabilities And Amortization Of Above Market Lease Assets Net
AccretionOfBelowMarketLeaseLiabilitiesAndAmortizationOfAboveMarketLeaseAssetsNet
0 USD
CY2014 arct Accretion Of Below Market Lease Liabilities And Amortization Of Above Market Lease Assets Net
AccretionOfBelowMarketLeaseLiabilitiesAndAmortizationOfAboveMarketLeaseAssetsNet
-134000 USD
CY2013Q4 arct Buildings Fixturesand Improvements
BuildingsFixturesandImprovements
0 USD
CY2014Q4 arct Buildings Fixturesand Improvements
BuildingsFixturesandImprovements
139489000 USD
CY2014 arct Business Acquisition Cost Of Acquired Entity Cash Paid In Period
BusinessAcquisitionCostOfAcquiredEntityCashPaidInPeriod
255967000 USD
CY2014 arct Business Combination Funds Heldin Escrow
BusinessCombinationFundsHeldinEscrow
2068000 USD
CY2014 arct Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Assets Acquired Netof Liabilities Assumed In Period
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAssetsAcquiredNetofLiabilitiesAssumedInPeriod
254541000 USD
CY2014 arct Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Land Acquiredin Period
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedLandAcquiredinPeriod
83316000 USD
CY2014 arct Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Other Liabilities Assumedin Period
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedOtherLiabilitiesAssumedinPeriod
642000 USD
CY2014 arct Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Property Plantand Equipment Acquired In Period
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedPropertyPlantandEquipmentAcquiredInPeriod
139403000 USD
CY2014 arct Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Tangible Assets Acquired During Period
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedTangibleAssetsAcquiredDuringPeriod
222719000 USD
CY2014Q2 arct Common Stock Dividends Per Share Per Day Declared
CommonStockDividendsPerSharePerDayDeclared
0.0041438356
CY2014 arct Cumulative Offering Costs Gross
CumulativeOfferingCostsGross
55600000 USD
CY2014Q4 arct Finite Lived Intangible Assetsand Liabilities Accumulated Amortization
FiniteLivedIntangibleAssetsandLiabilitiesAccumulatedAmortization
1200000 USD
CY2014Q2 arct Initial Public Offering Subscriptions Required To Break Escrow Minimum
InitialPublicOfferingSubscriptionsRequiredToBreakEscrowMinimum
2000000.0 USD
CY2014Q2 arct Limited Liability Company Llc Or Limited Partnership Lp Members Or Limited Partners Ownership Interest Units
LimitedLiabilityCompanyLlcOrLimitedPartnershipLpMembersOrLimitedPartnersOwnershipInterestUnits
90 shares
CY2013Q4 arct Noncashor Part Noncash Acquisition Liabilities Assumedin Real Estate Acquisition
NoncashorPartNoncashAcquisitionLiabilitiesAssumedinRealEstateAcquisition
0 USD
CY2014 arct Noncashor Part Noncash Acquisition Liabilities Assumedin Real Estate Acquisition
NoncashorPartNoncashAcquisitionLiabilitiesAssumedinRealEstateAcquisition
642000 USD
CY2013Q4 arct Noncashor Part Noncash Acquisition Offering Costs Incurredbut Notyet Paid
NoncashorPartNoncashAcquisitionOfferingCostsIncurredbutNotyetPaid
0 USD
CY2014 arct Noncashor Part Noncash Acquisition Offering Costs Incurredbut Notyet Paid
NoncashorPartNoncashAcquisitionOfferingCostsIncurredbutNotyetPaid
1363000 USD
CY2014 arct Real Estate Investment Property At Cost Acquisitions
RealEstateInvestmentPropertyAtCostAcquisitions
222719000 USD
CY2014Q4 arct Real Estate Property Occupancy Rate
RealEstatePropertyOccupancyRate
0.755
CY2014 arct Real Estate Property Weighted Average Remaining Lease Term
RealEstatePropertyWeightedAverageRemainingLeaseTerm
P7Y3M18D
CY2013Q4 arct Receivables Recordedfor Issuanceof Common Stock
ReceivablesRecordedforIssuanceofCommonStock
0 USD
CY2014 arct Receivables Recordedfor Issuanceof Common Stock
ReceivablesRecordedforIssuanceofCommonStock
2003000 USD
CY2013Q4 arct Reclassification Of Deferred Offering Costs
ReclassificationOfDeferredOfferingCosts
0 USD
CY2014Q2 arct Stock Available For Issuance Value Initial Public Offering
StockAvailableForIssuanceValueInitialPublicOffering
30000000 USD
CY2014Q4 arct Stock Repurchase Program Annual Authorized Amount As Percentage Of Weighted Average Shares Outstanding At End Of Prior Year
StockRepurchaseProgramAnnualAuthorizedAmountAsPercentageOfWeightedAverageSharesOutstandingAtEndOfPriorYear
0.05
CY2014 arct Stock Repurchase Program Short Term Trading Fee
StockRepurchaseProgramShortTermTradingFee
0.02
CY2014 dei Amendment Flag
AmendmentFlag
false
CY2014 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2014 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014 dei Document Period End Date
DocumentPeriodEndDate
2014-12-31
CY2014 dei Document Type
DocumentType
10-K
CY2014 dei Entity Central Index Key
EntityCentralIndexKey
0001595527
CY2015Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
23988980 shares
CY2014 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2014 dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
CY2014Q2 dei Entity Public Float
EntityPublicFloat
75400000 USD
CY2014 dei Entity Registrant Name
EntityRegistrantName
AMERICAN REALTY CAPITAL NEW YORK CITY REIT, INC.
CY2014 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2014 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2013Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
35000 USD
CY2014Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
3025000 USD
CY2014Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
15637000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
0 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-24000 USD
CY2013Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
0 USD
CY2014Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
454131000 USD
CY2014 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
55625000 USD
CY2013Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
0 USD
CY2014 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1172000 USD
CY2013 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2014 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
12450 shares
CY2013Q4 us-gaap Assets
Assets
35000 USD
CY2014Q4 us-gaap Assets
Assets
458565000 USD
CY2014Q4 us-gaap Available For Sale Equity Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedGainBeforeTax
0 USD
CY2014Q4 us-gaap Available For Sale Equity Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedLossBeforeTax
24000 USD
CY2014Q4 us-gaap Available For Sale Equity Securities Amortized Cost Basis
AvailableForSaleEquitySecuritiesAmortizedCostBasis
514000 USD
CY2013Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
0 USD
CY2014Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
490000 USD
CY2014Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
270000 USD
CY2013Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
0 USD
CY2014Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
15367000 USD
CY2014 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
-0.61
CY2013Q4 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-6227000 USD
CY2014 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-2746000 USD
CY2013Q4 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
399000 USD
CY2014 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
11203000 USD
CY2013Q4 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 USD
CY2014 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
6148000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
0 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
184341000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
0 USD
CY2013Q4 us-gaap Cash Period Increase Decrease
CashPeriodIncreaseDecrease
0 USD
CY2014 us-gaap Cash Period Increase Decrease
CashPeriodIncreaseDecrease
184341000 USD
CY2014Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
184100000 USD
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2014Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Common Stock Share Subscribed But Unissued Subscriptions Receivable
CommonStockShareSubscribedButUnissuedSubscriptionsReceivable
0 USD
CY2014Q4 us-gaap Common Stock Share Subscribed But Unissued Subscriptions Receivable
CommonStockShareSubscribedButUnissuedSubscriptionsReceivable
2003000 USD
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
0 shares
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
20569012 shares
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
0 shares
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
20569012 shares
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
0 USD
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
206000 USD
CY2013Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
0 USD
CY2014 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-6543000 USD
CY2013Q4 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
35000 USD
CY2014Q4 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
0 USD
CY2013Q4 us-gaap Deferred Revenue Leases Gross
DeferredRevenueLeasesGross
0 USD
CY2014Q4 us-gaap Deferred Revenue Leases Gross
DeferredRevenueLeasesGross
225000 USD
CY2013Q4 us-gaap Depreciation
Depreciation
0 USD
CY2014 us-gaap Depreciation
Depreciation
843000 USD
CY2013Q4 us-gaap Depreciation And Amortization
DepreciationAndAmortization
0 USD
CY2014 us-gaap Depreciation And Amortization
DepreciationAndAmortization
2015000 USD
CY2013Q4 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
0 USD
CY2014 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
688000 USD
CY2014 us-gaap Dividends
Dividends
10388000 USD
CY2013Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
0 USD
CY2014Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
2542000 USD
CY2013Q4 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
0 USD
CY2014Q4 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
0 USD
CY2013Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
0 USD
CY2014Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
1109000 USD
CY2013Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.00
CY2014Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.31
CY2014Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.26
CY2014Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.23
CY2014 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.44
CY2013Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
0 USD
CY2014Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
47278000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1127000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
47278000 USD
CY2013Q4 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
0 USD
CY2014 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
535000 USD
CY2013Q4 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
0 USD
CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
985000 USD
CY2013Q4 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
0 USD
CY2014 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
225000 USD
CY2013Q4 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
0 USD
CY2014 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1550000 USD
CY2014Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
46151000 USD
CY2013Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
0 USD
CY2014 us-gaap Investment Income Interest
InvestmentIncomeInterest
14000 USD
CY2013Q4 us-gaap Land
Land
0 USD
CY2014Q4 us-gaap Land
Land
83316000 USD
CY2013Q4 us-gaap Liabilities
Liabilities
35000 USD
CY2014Q4 us-gaap Liabilities
Liabilities
21159000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
35000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
458565000 USD
CY2013Q4 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
0 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
445873000 USD
CY2013Q4 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
0 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-256567000 USD
CY2013Q4 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
0 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-4965000 USD
CY2013Q4 us-gaap Net Income Loss
NetIncomeLoss
0 USD
CY2013Q4 us-gaap Net Income Loss
NetIncomeLoss
0 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
-16000 USD
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
-214000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
-2235000 USD
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
-4054000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
-6519000 USD
CY2014Q4 us-gaap Net Rentable Area
NetRentableArea
299191 sqft
CY2013Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
0 USD
CY2014 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
16000 USD
CY2014 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
4 property
CY2014Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
4 property
CY2014 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2013Q4 us-gaap Operating Expenses
OperatingExpenses
0 USD
CY2014 us-gaap Operating Expenses
OperatingExpenses
9386000 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
13000 USD
CY2013Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
0 USD
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
-6535000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
68595000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
7865000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
6613000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
6723000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
7171000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
7653000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
32570000 USD
CY2013Q4 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
0 USD
CY2014 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
2661000 USD
CY2014 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-24000 USD
CY2013Q4 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-24000 USD
CY2013Q4 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
0 USD
CY2014 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
2000 USD
CY2013Q4 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
0 USD
CY2014 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
86000 USD
CY2013Q4 us-gaap Payments Of Dividends
PaymentsOfDividends
0 USD
CY2014 us-gaap Payments Of Dividends
PaymentsOfDividends
3320000 USD
CY2013Q4 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
CY2014 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
54227000 USD
CY2013Q4 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
0 USD
CY2014 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
514000 USD
CY2013Q4 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
0 USD
CY2014 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
255967000 USD
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2014Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2014Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
0 USD
CY2014Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
3618000 USD
CY2013Q4 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
509900000 USD
CY2014 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
503420000 USD
us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
4500000 USD
CY2013Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
0 USD
CY2014Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
843000 USD
CY2014 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
0 USD
CY2014Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
139403000 USD
CY2014Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
83316000 USD
CY2014 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
0 USD
CY2014Q4 us-gaap Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
260600000 USD
CY2013Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
0 USD
CY2014Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
222805000 USD
CY2014 us-gaap Real Estate Improvements
RealEstateImprovements
86000 USD
CY2013Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
0 USD
CY2014Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1970000 USD
CY2013Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
0 USD
CY2014Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
270083000 USD
CY2013Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
0 USD
CY2014Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
268113000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
0 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-16907000 USD
CY2013Q4 us-gaap Revenues
Revenues
0 USD
CY2014Q1 us-gaap Revenues
Revenues
0 USD
CY2014Q2 us-gaap Revenues
Revenues
43000 USD
CY2014Q3 us-gaap Revenues
Revenues
540000 USD
CY2014Q4 us-gaap Revenues
Revenues
2268000 USD
CY2014 us-gaap Revenues
Revenues
2851000 USD
CY2014 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
843000 USD
CY2014Q4 us-gaap Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Buildings And Improvements
SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionBuildingsAndImprovements
86000 USD
CY2013Q4 us-gaap Share Based Compensation
ShareBasedCompensation
0 USD
CY2014Q2 us-gaap Share Price
SharePrice
25.00
CY2013Q4 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
0 USD
CY2014 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
4526000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
509949000 USD
CY2014 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
505423000 USD
CY2014 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
13000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
0 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
437406000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
0 USD
CY2013Q4 us-gaap Tenant Reimbursements
TenantReimbursements
0 USD
CY2014 us-gaap Tenant Reimbursements
TenantReimbursements
190000 USD
CY2013Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
0 shares
CY2014Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
8888 shares
CY2014Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
690143 shares
CY2014Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
8543271 shares
CY2014Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
17938717 shares
CY2014 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
4530066 shares
CY2014 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Management makes significant estimates regarding revenue recognition, purchase price allocations to record investments in real estate, and fair value measurements, as applicable.</font></div></div>

Files In Submission

Name View Source Status
0001595527-15-000008-index-headers.html Edgar Link pending
0001595527-15-000008-index.html Edgar Link pending
0001595527-15-000008.txt Edgar Link pending
0001595527-15-000008-xbrl.zip Edgar Link pending
arcnycr1231201410-kex1011.htm Edgar Link pending
arcnycr1231201410-kex211.htm Edgar Link pending
arcnycr1231201410-kex311.htm Edgar Link pending
arcnycr1231201410-kex312.htm Edgar Link pending
arcnycr1231201410-kex32.htm Edgar Link pending
arcnycr1231201410-kss.htm Edgar Link pending
arct-20141231.xml Edgar Link completed
arct-20141231.xsd Edgar Link pending
arct-20141231_cal.xml Edgar Link unprocessable
arct-20141231_def.xml Edgar Link unprocessable
arct-20141231_lab.xml Edgar Link unprocessable
arct-20141231_pre.xml Edgar Link unprocessable
certificate1.jpg Edgar Link pending
certificate2.jpg Edgar Link pending
certificate3.jpg Edgar Link pending
certificate4.jpg Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending