2021 Q4 Form 10-K Financial Statement

#000102537822000041 Filed on February 11, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $374.9M $1.332B $307.4M
YoY Change 21.96% 10.11% -1.24%
Cost Of Revenue $31.81M $4.035M $27.00M
YoY Change 17.83% -54.43% -25.62%
Gross Profit $343.1M $1.327B $280.4M
YoY Change 22.35% 10.58% 1.96%
Gross Profit Margin 91.51% 99.7% 91.23%
Selling, General & Admin $25.68M $106.8M $24.10M
YoY Change 6.56% 16.18% 9.55%
% of Gross Profit 7.49% 8.04% 8.59%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $139.2M $490.7M $114.4M
YoY Change 21.69% 7.57% -0.61%
% of Gross Profit 40.58% 36.97% 40.8%
Operating Expenses $161.3M $582.8M $135.0M
YoY Change 19.51% 8.97% 1.05%
Operating Profit $181.7M $744.7M $145.4M
YoY Change 24.98% 11.88% 2.83%
Interest Expense -$53.88M $196.8M -$61.30M
YoY Change -12.1% -6.31% 32.97%
% of Operating Profit -29.65% 26.43% -42.16%
Other Income/Expense, Net -$25.31M -$166.3M -$2.800M
YoY Change 803.75% 129.25% -106.36%
Pretax Income $104.7M $438.6M $142.0M
YoY Change -26.29% -1.48% -5.9%
Income Tax $5.052M $28.49M $7.400M
% Of Pretax Income 4.83% 6.49% 5.21%
Net Earnings $99.56M $410.0M $134.6M
YoY Change -26.02% -9.96% 4.02%
Net Earnings / Revenue 26.56% 30.79% 43.78%
Basic Earnings Per Share
Diluted Earnings Per Share $528.1K $2.239M $760.9K
COMMON SHARES
Basic Shares Outstanding 186.3M shares 182.5M shares 175.4M shares
Diluted Shares Outstanding 183.1M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $165.4M $165.4M $249.0M
YoY Change -33.56% -33.56% 27.04%
Cash & Equivalents $165.4M $165.4M $248.7M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $8.269M $8.269M $19.00M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $175.5M $175.5M $294.0M
YoY Change -40.3% -40.3% -17.88%
LONG-TERM ASSETS
Property, Plant & Equipment $10.47B $10.47B $9.780B
YoY Change 7.06% 7.06% 9.86%
Goodwill $901.5M $910.8M
YoY Change -1.02% -2.55%
Intangibles
YoY Change
Long-Term Investments $356.6M $356.6M $283.4M
YoY Change 25.82% 26.02% -12.52%
Other Assets $52.52M $52.52M $63.00M
YoY Change -16.63% -16.63% 14.55%
Total Long-Term Assets $15.31B $15.31B $14.41B
YoY Change 6.18% 6.18% 5.19%
TOTAL ASSETS
Total Short-Term Assets $175.5M $175.5M $294.0M
Total Long-Term Assets $15.31B $15.31B $14.41B
Total Assets $15.48B $15.48B $14.71B
YoY Change 5.26% 5.25% 4.6%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $572.8M $426.4M $452.0M
YoY Change 26.74% -5.66% 13.85%
Accrued Expenses $146.4M $151.0M
YoY Change -3.02% 71.59%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $776.7M $776.7M $790.0M
YoY Change -1.68% -1.68% 18.62%
LONG-TERM LIABILITIES
Long-Term Debt $6.792B $6.792B $6.696B
YoY Change 1.43% 1.43% 10.6%
Other Long-Term Liabilities $183.3M $183.3M $197.0M
YoY Change -6.96% -6.96% -7.94%
Total Long-Term Liabilities $6.975B $6.975B $6.893B
YoY Change 1.19% 1.19% 9.97%
TOTAL LIABILITIES
Total Short-Term Liabilities $776.7M $776.7M $790.0M
Total Long-Term Liabilities $6.975B $6.975B $6.893B
Total Liabilities $7.897B $7.899B $7.829B
YoY Change 0.87% 0.87% 10.07%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $190.0K $175.0K
YoY Change 8.57% 1.74%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $7.582B $7.582B $6.877B
YoY Change
Total Liabilities & Shareholders Equity $15.48B $15.48B $14.71B
YoY Change 5.26% 5.25% 4.6%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income $99.56M $410.0M $134.6M
YoY Change -26.02% -9.96% 4.02%
Depreciation, Depletion And Amortization $139.2M $490.7M $114.4M
YoY Change 21.69% 7.57% -0.61%
Cash From Operating Activities $301.1M $926.5M $244.9M
YoY Change 22.94% 15.59% 4.39%
INVESTING ACTIVITIES
Capital Expenditures -$328.1M -$1.420B -$344.0M
YoY Change -4.63% 64.48% -13.85%
Acquisitions
YoY Change
Other Investing Activities -$185.4M $19.63M $81.80M
YoY Change -326.62% -1785.06% -72.53%
Cash From Investing Activities -$513.5M -$1.567B -$262.0M
YoY Change 95.98% 190.17% 158.13%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $340.0M
YoY Change -215269.62%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 251.2M $557.0M 100.7M
YoY Change 149.44% -364.36% -136.34%
NET CHANGE
Cash From Operating Activities 301.1M $926.5M 244.9M
Cash From Investing Activities -513.5M -$1.567B -262.0M
Cash From Financing Activities 251.2M $557.0M 100.7M
Net Change In Cash 38.81M -$93.83M 83.60M
YoY Change -53.58% -255.7% -158.06%
FREE CASH FLOW
Cash From Operating Activities $301.1M $926.5M $244.9M
Capital Expenditures -$328.1M -$1.420B -$344.0M
Free Cash Flow $629.2M $2.347B $588.9M
YoY Change 6.84% 40.95% -7.1%

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410122000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
465955000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
306544000 USD
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NetIncomeLossAttributableToNoncontrollingInterest
134000 USD
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
10596000 USD
CY2019 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1301000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
409988000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
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305243000 USD
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2.25
CY2020 us-gaap Income Loss From Continuing Operations Per Basic Share
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2.61
CY2019 us-gaap Income Loss From Continuing Operations Per Basic Share
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1.78
CY2021 us-gaap Income Loss From Continuing Operations Per Diluted Share
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2.24
CY2020 us-gaap Income Loss From Continuing Operations Per Diluted Share
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2.60
CY2019 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.78
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182486476 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
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174504406 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
171001430 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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183127098 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
174839428 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
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18688000 USD
CY2021 us-gaap Profit Loss
ProfitLoss
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CY2020 us-gaap Profit Loss
ProfitLoss
465955000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
306544000 USD
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CY2020 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
47746000 USD
CY2019 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
376000 USD
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
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35305000 USD
CY2020 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0 USD
CY2019 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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7000 USD
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
18257000 USD
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
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15768000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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428379000 USD
CY2020 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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481723000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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305873000 USD
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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134000 USD
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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10596000 USD
CY2019 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1301000 USD
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Noncontrolling Interest
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21000 USD
CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Noncontrolling Interest
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxNoncontrollingInterest
7000 USD
CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Noncontrolling Interest
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxNoncontrollingInterest
0 USD
CY2021 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
155000 USD
CY2020 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
10603000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1301000 USD
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
428224000 USD
CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
471120000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
304572000 USD
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CY2021 us-gaap Stock Issued During Period Value New Issues
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CY2021 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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305000 USD
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24881000 USD
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Other Longterm Incentive Plans Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition
0 USD
CY2021 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
145000 USD
CY2021 us-gaap Common Stock Dividends Per Share Declared
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4.205
CY2021 us-gaap Dividends
Dividends
781626000 USD
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ProfitLoss
410122000 USD
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-35736000 USD
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
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35305000 USD
CY2021 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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18688000 USD
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2020 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
199481000 USD
CY2020 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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CY2020 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
389000 USD
CY2020 us-gaap Stock Issued During Period Value New Issues
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60000 USD
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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15938000 USD
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Other Longterm Incentive Plans Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition
0 USD
CY2020 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
5326000 USD
CY2020 us-gaap Common Stock Dividends Per Share Declared
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4.172
CY2020 us-gaap Dividends
Dividends
732020000 USD
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9865000 USD
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ProfitLoss
465955000 USD
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47746000 USD
CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
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CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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6878369000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2019 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
523393000 USD
CY2019 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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CY2019 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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252000 USD
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Other Longterm Incentive Plans Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition
0 USD
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
18787000 USD
CY2019 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
849000 USD
CY2019 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1683000 USD
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4.140
CY2019 us-gaap Dividends
Dividends
713588000 USD
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ProfitLoss
306544000 USD
CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-1054000 USD
CY2019 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
376000 USD
CY2019 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
7000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6948173000 USD
CY2021 us-gaap Profit Loss
ProfitLoss
410122000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
465955000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
306544000 USD
CY2021 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
490722000 USD
CY2020 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
456210000 USD
CY2019 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
460030000 USD
CY2021 wpc Amortization Of Rent Related Intangibles And Deferred Rental Revenue
AmortizationOfRentRelatedIntangiblesAndDeferredRentalRevenue
56910000 USD
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
24881000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15938000 USD
CY2020 wpc Amortization Of Rent Related Intangibles And Deferred Rental Revenue
AmortizationOfRentRelatedIntangiblesAndDeferredRentalRevenue
52736000 USD
CY2019 wpc Amortization Of Rent Related Intangibles And Deferred Rental Revenue
AmortizationOfRentRelatedIntangiblesAndDeferredRentalRevenue
84878000 USD
CY2021 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
-50565000 USD
CY2020 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
-50299000 USD
CY2019 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
-46260000 USD
CY2021 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
40425000 USD
CY2020 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
109370000 USD
CY2019 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
18143000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
18787000 USD
CY2021 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
24246000 USD
CY2020 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
35830000 USD
CY2019 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
32539000 USD
CY2021 wpc Realized Gain Loss On Foreign Currency Transactions And Other
RealizedGainLossOnForeignCurrencyTransactionsAndOther
-15505000 USD
CY2020 wpc Realized Gain Loss On Foreign Currency Transactions And Other
RealizedGainLossOnForeignCurrencyTransactionsAndOther
55810000 USD
CY2021 wpc Gain Loss On Change In Control Of Interests
GainLossOnChangeInControlOfInterests
0 USD
CY2020 wpc Gain Loss On Change In Control Of Interests
GainLossOnChangeInControlOfInterests
0 USD
CY2019 wpc Realized Gain Loss On Foreign Currency Transactions And Other
RealizedGainLossOnForeignCurrencyTransactionsAndOther
466000 USD
CY2021 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
15471000 USD
CY2020 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
9419000 USD
CY2019 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
26772000 USD
CY2021 wpc Management Income Received In Shares Of Affiliates
ManagementIncomeReceivedInSharesOfAffiliates
12528000 USD
CY2020 wpc Management Income Received In Shares Of Affiliates
ManagementIncomeReceivedInSharesOfAffiliates
16642000 USD
CY2019 wpc Management Income Received In Shares Of Affiliates
ManagementIncomeReceivedInSharesOfAffiliates
30555000 USD
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-10829000 USD
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-18557000 USD
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
23229000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-4703000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-49076000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
9255000 USD
CY2021 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
266000 USD
CY2020 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
22259000 USD
CY2019 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
0 USD
CY2019 wpc Gain Loss On Change In Control Of Interests
GainLossOnChangeInControlOfInterests
-8416000 USD
CY2021 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
14252000 USD
CY2020 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-5831000 USD
CY2019 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
16491000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
926479000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
801538000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
812077000 USD
CY2021 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
1306858000 USD
CY2020 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
656313000 USD
CY2019 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
717666000 USD
CY2021 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
217711000 USD
CY2020 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
0 USD
CY2019 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
0 USD
CY2021 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
163638000 USD
CY2020 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
366532000 USD
CY2019 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
307959000 USD
CY2021 wpc Payments To Acquire Real Estate Under Construction
PaymentsToAcquireRealEstateUnderConstruction
113616000 USD
CY2020 wpc Payments To Acquire Real Estate Under Construction
PaymentsToAcquireRealEstateUnderConstruction
207256000 USD
CY2019 wpc Payments To Acquire Real Estate Under Construction
PaymentsToAcquireRealEstateUnderConstruction
165490000 USD
CY2021 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
107552000 USD
CY2020 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
4253000 USD
CY2019 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
2595000 USD
CY2021 us-gaap Repayment Of Notes Receivable From Related Parties
RepaymentOfNotesReceivableFromRelatedParties
62048000 USD
CY2020 us-gaap Repayment Of Notes Receivable From Related Parties
RepaymentOfNotesReceivableFromRelatedParties
51702000 USD
CY2019 us-gaap Repayment Of Notes Receivable From Related Parties
RepaymentOfNotesReceivableFromRelatedParties
46637000 USD
CY2021 us-gaap Payments For Advance To Affiliate
PaymentsForAdvanceToAffiliate
41000000 USD
CY2020 us-gaap Payments For Advance To Affiliate
PaymentsForAdvanceToAffiliate
26481000 USD
CY2019 us-gaap Payments For Advance To Affiliate
PaymentsForAdvanceToAffiliate
36808000 USD
CY2021 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
19631000 USD
CY2020 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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CY2019 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
8882000 USD
CY2021 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
13955000 USD
CY2020 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
19483000 USD
CY2019 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
34365000 USD
CY2021 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
0 USD
CY2020 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
95511000 USD
CY2019 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
0 USD
CY2021 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
0 USD
CY2020 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
11000000 USD
CY2019 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
19707000 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1566727000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-539932000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-522773000 USD
CY2021 us-gaap Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
2000639000 USD
CY2020 us-gaap Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
1019158000 USD
CY2019 us-gaap Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
1336824000 USD
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
1663869000 USD
CY2020 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
1137026000 USD
CY2019 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
1227153000 USD
CY2021 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
1385059000 USD
CY2020 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
495495000 USD
CY2019 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
870635000 USD
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
764281000 USD
CY2020 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
726955000 USD
CY2019 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
704396000 USD
CY2021 wpc Prepayment Of Mortgage Principal
PrepaymentOfMortgagePrincipal
745124000 USD
CY2020 wpc Prepayment Of Mortgage Principal
PrepaymentOfMortgagePrincipal
68501000 USD
CY2019 wpc Prepayment Of Mortgage Principal
PrepaymentOfMortgagePrincipal
1028795000 USD
CY2021 us-gaap Proceeds From Other Equity
ProceedsFromOtherEquity
697044000 USD
CY2020 us-gaap Proceeds From Other Equity
ProceedsFromOtherEquity
199716000 USD
CY2019 us-gaap Proceeds From Other Equity
ProceedsFromOtherEquity
0 USD
CY2021 us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
617442000 USD
CY2020 us-gaap Repayments Of Unsecured Debt
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0 USD
CY2019 us-gaap Repayments Of Unsecured Debt
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0 USD
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
339968000 USD
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
158000 USD
CY2019 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
523287000 USD
CY2021 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
64290000 USD
CY2020 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
275746000 USD
CY2019 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
210414000 USD
CY2021 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
11295000 USD
CY2020 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
14205000 USD
CY2019 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
6716000 USD
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
4606000 USD
CY2020 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
8917000 USD
CY2019 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
5550000 USD
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3822000 USD
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
5372000 USD
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
15766000 USD
CY2021 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
145000 USD
CY2020 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
5326000 USD
CY2019 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
1683000 USD
CY2021 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
0 USD
CY2020 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
298974000 USD
CY2019 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
0 USD
CY2021 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
CY2020 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
CY2019 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
849000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
557048000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-210713000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-457778000 USD
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-10629000 USD
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9368000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-4071000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-93829000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
60261000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-172545000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
311779000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
251518000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
424063000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
217950000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
311779000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
251518000 USD
CY2021 us-gaap Nature Of Operations
NatureOfOperations
Business and Organization<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">W. P. Carey Inc. (“W. P. Carey”) is a real estate investment trust (“REIT”) that, together with our consolidated subsidiaries, invests primarily in operationally-critical, single-tenant commercial real estate properties located in the United States and Northern and Western Europe on a long-term basis. We earn revenue principally by leasing the properties we own to companies on a triple-net lease basis, which generally requires each tenant to pay the costs associated with operating and maintaining the property.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Founded in 1973, our shares of common stock are listed on the New York Stock Exchange under the symbol “WPC.”</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We elected to be taxed as a REIT under Section 856 through 860 of the Internal Revenue Code effective as of February 15, 2012. As a REIT, we are not subject to federal income taxes on income and gains that we distribute to our stockholders as long as we satisfy certain requirements, principally relating to the nature of our income and the level of our distributions, as well as other factors. We also own real property in jurisdictions outside the United States through foreign subsidiaries and are subject to income taxes on our pre-tax income earned from properties in such countries. Through our taxable REIT subsidiaries (“TRSs”), we also earn revenue as the advisor to certain non-traded investment programs. We hold all of our real estate assets attributable to our Real Estate segment under the REIT structure, while the activities conducted by our Investment Management segment subsidiaries have been organized under TRSs.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On April 13, 2020, two of the non-traded REITs that we advised, Carey Watermark Investors Incorporated (“CWI 1”) and Carey Watermark Investors 2 Incorporated (“CWI 2”) (together, the “CWI REITs”), merged in an all-stock transaction, with CWI 2 as the surviving entity (the “CWI 1 and CWI 2 Merger”). Following the close of the CWI 1 and CWI 2 Merger, our advisory agreements with CWI 1 and CWI 2 were terminated, CWI 2 was renamed Watermark Lodging Trust, Inc. (“WLT”), and we began to provide certain services to WLT pursuant to a transition services agreement (which was terminated on October 13, 2021). At December 31, 2021, we were the advisor to the following entities (</span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i184601299069428fbb6a49701d97fcc7_127" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Note 3</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">):</span></div><div><span><br/></span></div><div style="padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Corporate Property Associates 18 – Global Incorporated (“CPA:18 – Global”), a publicly owned, non-traded REIT that primarily invests in commercial real estate properties; we refer to CPA:18 – Global together with the CWI REITs as the “Managed REITs” (as used throughout this Report, the term “Managed REITs” does not include CWI 1 and CWI 2 after April 13, 2020); and</span></div><div style="padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Carey European Student Housing Fund I, L.P. (“CESH”), a limited partnership formed for the purpose of developing, owning, and operating student housing properties and similar investments in Europe (</span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i184601299069428fbb6a49701d97fcc7_127" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Note 3</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">); we refer to the Managed REITs and CESH collectively as the “Managed Programs.”</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We no longer raise capital for new or existing funds, but currently expect to continue managing CPA:18 – Global and CESH through the end of their respective life cycles (</span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i184601299069428fbb6a49701d97fcc7_127" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Note 3</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">).</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On August 31, 2021, CPA:18 – Global reported that its independent directors intended to begin the process of evaluating possible liquidity alternatives for its shareholders, including a transaction involving us or one of our subsidiaries. There can be no assurance that any such liquidity transaction will occur in the near future or at all.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reportable Segments</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Real Estate</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — Lease revenues from our real estate investments generate the vast majority of our earnings. We invest primarily in commercial properties located in the United States and Northern and Western Europe, which are leased to companies on a triple-net lease basis. At December 31, 2021, our owned portfolio was comprised of our full or partial ownership interests in 1,304 properties, totaling approximately 156 million square feet (unaudited), substantially all of which were net leased to 352 tenants, with a weighted-average lease term of 10.8 years and an occupancy rate of 98.5%. In addition, at December 31, 2021, our portfolio was comprised of full or partial ownership interests in 20 operating properties, including 19 self-storage properties and one hotel, totaling approximately 1.4 million square feet (unaudited).</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Investment Management</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — Through our TRSs, we manage the real estate investment portfolios for the Managed Programs, for which we earn asset management revenue. We may earn incentive revenue and receive other compensation through our advisory agreements with certain of the Managed Programs, including in connection with providing a liquidity event for CPA:18 – Global’s stockholders. In addition, we include equity income generated through our (i) ownership of shares and limited partnership units of the Managed Programs (</span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i184601299069428fbb6a49701d97fcc7_142" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Note 7</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">) and (ii) special general partner interest in the operating partnership of CPA:18 – Global (through which we participate in its cash flows (</span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i184601299069428fbb6a49701d97fcc7_127" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Note 3</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">)), in our Investment Management segment.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">At December 31, 2021, the Managed Programs owned all or a portion of 56 net-leased properties (including certain properties in which we also have an ownership interest), totaling approximately 10.8 million square feet (unaudited), substantially all of which were leased to 50 tenants, with an occupancy rate of approximately 98.3%. The Managed Programs also had interests in 66 operating properties (totaling approximately 5.1 million square feet (unaudited) in the aggregate) and four active build-to-suit projects at the same date.</span></div>
CY2021Q4 wpc Variable Interest Entities Count
VariableInterestEntitiesCount
14 vie
CY2020Q4 wpc Variable Interest Entities Count
VariableInterestEntitiesCount
12 vie
CY2021Q4 wpc Variable Interest Entities Consolidated Count
VariableInterestEntitiesConsolidatedCount
6 vie
CY2020Q4 wpc Variable Interest Entities Consolidated Count
VariableInterestEntitiesConsolidatedCount
5 vie
CY2021Q4 wpc Variable Interest Entities Unconsolidated Count
VariableInterestEntitiesUnconsolidatedCount
8 vie
CY2020Q4 wpc Variable Interest Entities Unconsolidated Count
VariableInterestEntitiesUnconsolidatedCount
7 vie
CY2021 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Reclassifications —</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> Certain prior period amounts have been reclassified to conform to the current period presentation. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Asset management revenue and structuring and other advisory revenue are now included within Asset management and other revenue in the consolidated statements of income.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We currently present Non-operating income on its own line item in the consolidated statements of income, which was previously included within Other gains and (losses). Non-operating income primarily consists of realized gains and losses on derivative instruments, dividends from equity securities, and interest income on our cash deposits and loans to affiliates.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We currently present Income from direct financing leases and loans receivable on its own line item in the consolidated statements of income. Previously, income from direct financing leases was included within Lease revenues and income from loans receivable was included within Lease termination income and other in the consolidated statements of income.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Loans receivable are now included within the retitled line item Net investments in direct financing leases and loans receivable in the consolidated balance sheets. Previously, loans receivable were included within Other assets, net in the consolidated balance sheets.</span></div>
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
165427000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
248662000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
196028000 USD
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
52523000 USD
CY2020Q4 us-gaap Restricted Cash
RestrictedCash
63117000 USD
CY2019Q4 us-gaap Restricted Cash
RestrictedCash
55490000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
217950000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
311779000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
251518000 USD
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">— </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts and the disclosure of contingent amounts in our consolidated financial statements and the accompanying notes. Actual results could differ from those estimates.</span>
CY2021Q4 wpc Related Party Reimbursement Revenue Receivable
RelatedPartyReimbursementRevenueReceivable
974000 USD
CY2020Q4 wpc Related Party Reimbursement Revenue Receivable
RelatedPartyReimbursementRevenueReceivable
1760000 USD
CY2021Q4 wpc Asset Management Fees Receivable
AssetManagementFeesReceivable
494000 USD
CY2020Q4 wpc Asset Management Fees Receivable
AssetManagementFeesReceivable
1054000 USD
CY2021Q4 us-gaap Accounts Receivable Related Parties
AccountsReceivableRelatedParties
336000 USD
CY2020Q4 us-gaap Accounts Receivable Related Parties
AccountsReceivableRelatedParties
305000 USD
CY2021Q4 wpc Current Acquisition Fees Receivable
CurrentAcquisitionFeesReceivable
19000 USD
CY2020Q4 wpc Current Acquisition Fees Receivable
CurrentAcquisitionFeesReceivable
136000 USD
CY2021Q4 wpc Deferred Acquisition Fees Receivable
DeferredAcquisitionFeesReceivable
3000 USD
CY2020Q4 wpc Deferred Acquisition Fees Receivable
DeferredAcquisitionFeesReceivable
1858000 USD
CY2021Q4 us-gaap Notes Receivable Related Parties Current
NotesReceivableRelatedPartiesCurrent
0 USD
CY2020Q4 us-gaap Notes Receivable Related Parties Current
NotesReceivableRelatedPartiesCurrent
21144000 USD
CY2021Q4 us-gaap Due From Affiliates
DueFromAffiliates
1826000 USD
CY2020Q4 us-gaap Due From Affiliates
DueFromAffiliates
26257000 USD
CY2021 wpc Percentage Of Available Cash Distribution To Advisor
PercentageOfAvailableCashDistributionToAdvisor
0.10
CY2021Q4 wpc Number Of Jointly Owned Investments
NumberOfJointlyOwnedInvestments
10 investment
CY2021Q4 wpc Number Of Jointly Owned Investments Equity Method Investments
NumberOfJointlyOwnedInvestmentsEquityMethodInvestments
9 investment
CY2021 wpc Funds Capitalized For Construction In Progress
FundsCapitalizedForConstructionInProgress
83300000 USD
CY2021 wpc Number Of Construction Projects During Period
NumberOfConstructionProjectsDuringPeriod
6 property
CY2020 wpc Number Of Construction Projects During Period
NumberOfConstructionProjectsDuringPeriod
5 property
CY2021Q4 wpc Unfunded Commitment
UnfundedCommitment
55300000 USD
CY2020Q4 wpc Unfunded Commitment
UnfundedCommitment
81800000 USD
CY2021 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
111188000 USD
CY2019 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
2500000 USD
CY2020 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
99193000 USD
CY2019 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
89873000 USD
CY2021 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
1177438000 USD
CY2021 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
2500000 USD
CY2020 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
2900000 USD
CY2021 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
41000000 USD
CY2021 wpc End Of Lease Payments
EndOfLeasePayments
9800000 USD
CY2020 wpc End Of Lease Payments
EndOfLeasePayments
7900000 USD
CY2019 wpc End Of Lease Payments
EndOfLeasePayments
24100000 USD
CY2021 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
1066250000 USD
CY2020 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
981430000 USD
CY2019 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
898111000 USD
CY2020 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
1080623000 USD
CY2019 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
987984000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
1140093000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
1116058000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
1058713000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
997909000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
946077000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
8154484000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
13413334000 USD
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
16426000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
17616000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
14503000 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.071
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
13900000 USD
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
1149000 USD
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
1089000 USD
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
1186000 USD
CY2021 us-gaap Lease Cost
LeaseCost
17575000 USD
CY2020 us-gaap Lease Cost
LeaseCost
18705000 USD
CY2019 us-gaap Lease Cost
LeaseCost
15689000 USD
CY2021 us-gaap Sublease Income
SubleaseIncome
5100000 USD
CY2020 us-gaap Sublease Income
SubleaseIncome
5500000 USD
CY2019 us-gaap Sublease Income
SubleaseIncome
5400000 USD
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
165997000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
180727000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
146437000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
151466000 USD
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P26Y1M6D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P29Y2M12D
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.068
CY2020Q4 us-gaap Direct Financing Lease Lease Receivable
DirectFinancingLeaseLeaseReceivable
527691000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
15500000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
14600000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
14230000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
14246000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
13137000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
13092000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
13034000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
275259000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
342998000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
196561000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
146437000 USD
CY2021Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
8269000 USD
CY2020Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
18590000 USD
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572205000 USD
CY2020Q4 us-gaap Direct Financing Lease Net Investment In Lease After Allowance For Credit Loss
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711974000 USD
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217229000 USD
CY2020Q4 us-gaap Sales Type Lease Net Investment In Lease After Allowance For Credit Loss
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0 USD
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24143000 USD
CY2020Q4 wpc Mortgage Loans Receivable Net
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24143000 USD
CY2021Q4 wpc Net Investment In Lease And Loans Receivable Before Allowance For Credit Loss
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813577000 USD
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736117000 USD
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414002000 USD
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545896000 USD
CY2020Q4 us-gaap Direct Financing Lease Unguaranteed Residual Asset
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677722000 USD
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959898000 USD
CY2020Q4 wpc Direct Financing Lease Net Investment In Lease Excluding Deferred Selling Profit
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1205413000 USD
CY2021Q4 us-gaap Direct Financing Lease Deferred Selling Profit
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370353000 USD
CY2020Q4 us-gaap Direct Financing Lease Deferred Selling Profit
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476365000 USD
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17340000 USD
CY2020Q4 us-gaap Direct Financing Lease Net Investment In Lease Allowance For Credit Loss
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17074000 USD
CY2021Q4 us-gaap Direct Financing Lease Net Investment In Lease After Allowance For Credit Loss
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572205000 USD
CY2020Q4 us-gaap Direct Financing Lease Net Investment In Lease After Allowance For Credit Loss
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711974000 USD
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57056000 USD
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55840000 USD
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52535000 USD
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45808000 USD
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44347000 USD
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158416000 USD
CY2021Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received
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414002000 USD
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217000000 USD
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2 loan
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2 loan
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24100000 USD
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24100000 USD
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12600000 USD
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12600000 USD
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4300000 USD
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105908000 USD
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183286000 USD
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287441000 USD
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90193000 USD
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236600000 USD
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226200000 USD
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272000000 USD
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33400000 USD
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199583000 USD
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181461000 USD
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165389000 USD
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150650000 USD
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1533481000 USD
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CY2020Q4 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
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314000 USD
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13085000 USD
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518000 USD
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18173000 USD
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2200000 USD
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25100000 USD
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409988000 USD
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305166000 USD
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0 shares
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0 shares
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18800000 USD
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4700000 USD
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21400000 USD
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24000000 USD
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39400000 USD
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20363000 USD
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52000 USD
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25896000 USD
CY2020 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
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17871000 USD
CY2019 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
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20415000 USD
CY2021 us-gaap Income Tax Expense Benefit
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37861000 USD
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7951000 USD
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15698000 USD
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13178000 USD
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13946000 USD
CY2019 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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11041000 USD
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3148000 USD
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6303000 USD
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense
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5313000 USD
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
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2713000 USD
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2336000 USD
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4062000 USD
CY2021 wpc Effective Income Tax Rate Reconciliation Windfall Tax Adjustment Amount
EffectiveIncomeTaxRateReconciliationWindfallTaxAdjustmentAmount
1375000 USD
CY2020 wpc Effective Income Tax Rate Reconciliation Windfall Tax Adjustment Amount
EffectiveIncomeTaxRateReconciliationWindfallTaxAdjustmentAmount
2132000 USD
CY2019 wpc Effective Income Tax Rate Reconciliation Windfall Tax Adjustment Amount
EffectiveIncomeTaxRateReconciliationWindfallTaxAdjustmentAmount
5183000 USD
CY2021 wpc Effective Income Tax Rate Reconciliation Adjustments Related To Merger Amount
EffectiveIncomeTaxRateReconciliationAdjustmentsRelatedToMergerAmount
-232000 USD
CY2020 wpc Effective Income Tax Rate Reconciliation Adjustments Related To Merger Amount
EffectiveIncomeTaxRateReconciliationAdjustmentsRelatedToMergerAmount
-632000 USD
CY2019 wpc Effective Income Tax Rate Reconciliation Adjustments Related To Merger Amount
EffectiveIncomeTaxRateReconciliationAdjustmentsRelatedToMergerAmount
-6820000 USD
CY2021 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
0 USD
CY2020 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
2000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
-103000 USD
CY2021 wpc Effective Income Tax Rate Reconciliation Revocation Of Trs Status Amount
EffectiveIncomeTaxRateReconciliationRevocationOfTRSStatusAmount
0 USD
CY2020 wpc Effective Income Tax Rate Reconciliation Revocation Of Trs Status Amount
EffectiveIncomeTaxRateReconciliationRevocationOfTRSStatusAmount
37249000 USD
CY2019 wpc Effective Income Tax Rate Reconciliation Revocation Of Trs Status Amount
EffectiveIncomeTaxRateReconciliationRevocationOfTRSStatusAmount
0 USD
CY2021 wpc Effective Income Tax Rate Reconciliation Tax Expense Related To The Allocation Of Goodwill Amount
EffectiveIncomeTaxRateReconciliationTaxExpenseRelatedToTheAllocationOfGoodwillAmount
0 USD
CY2020 wpc Effective Income Tax Rate Reconciliation Tax Expense Related To The Allocation Of Goodwill Amount
EffectiveIncomeTaxRateReconciliationTaxExpenseRelatedToTheAllocationOfGoodwillAmount
7203000 USD
CY2019 wpc Effective Income Tax Rate Reconciliation Tax Expense Related To The Allocation Of Goodwill Amount
EffectiveIncomeTaxRateReconciliationTaxExpenseRelatedToTheAllocationOfGoodwillAmount
0 USD
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
3103000 USD
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1394000 USD
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1997000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
28486000 USD
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IncomeTaxExpenseBenefit
-20759000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
26211000 USD
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
55147000 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
49869000 USD
CY2021Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
52705000 USD
CY2020Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
43089000 USD
CY2021Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
15895000 USD
CY2020Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
9753000 USD
CY2021Q4 wpc Deferred Tax Asset Right Of Use Liability
DeferredTaxAssetRightOfUseLiability
14752000 USD
CY2020Q4 wpc Deferred Tax Asset Right Of Use Liability
DeferredTaxAssetRightOfUseLiability
14144000 USD
CY2021Q4 us-gaap Deferred Tax Assets Other
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374000 USD
CY2020Q4 us-gaap Deferred Tax Assets Other
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0 USD
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138873000 USD
CY2020Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
116855000 USD
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
108812000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
86069000 USD
CY2021Q4 us-gaap Deferred Tax Assets Net
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30061000 USD
CY2020Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
30786000 USD
CY2021Q4 wpc Deferred Tax Liability Basis Difference
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145524000 USD
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DeferredTaxLiabilityBasisDifference
145838000 USD
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12637000 USD
CY2020Q4 wpc Deferred Tax Liability Right Of Use Asset
DeferredTaxLiabilityRightOfUseAsset
12618000 USD
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1195000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
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2364000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Tax Deferred Income
DeferredTaxLiabilitiesTaxDeferredIncome
0 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Tax Deferred Income
DeferredTaxLiabilitiesTaxDeferredIncome
97000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
0 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
632000 USD
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
159356000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
161549000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
129295000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
130763000 USD
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84200000 USD
CY2021Q4 us-gaap Deferred Income Tax Liabilities Net
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145600000 USD
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145800000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
6312000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
5756000 USD
CY2021 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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508000 USD
CY2020 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
783000 USD
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation
451000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsIncreasesResultingFromForeignCurrencyTranslation
515000 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
326000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
591000 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
315000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
233000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
5994000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
6312000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
2100000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
1700000 USD
CY2021 us-gaap Income Taxes Paid Net
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44300000 USD
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
43500000 USD
CY2019 us-gaap Income Taxes Paid Net
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35300000 USD
CY2019Q2 us-gaap Proceeds From Collection Of Loans Receivable
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9300000 USD
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-100000 USD
CY2021 us-gaap Number Of Operating Segments
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2 segment
CY2021 wpc Income From Direct Financing Leases And Loans Receivables
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67555000 USD
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74893000 USD
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105112000 USD
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1209319000 USD
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691601000 USD
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731117000 USD
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26211000 USD
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134000 USD
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10596000 USD
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1301000 USD
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409988000 USD
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Assets
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217200000 USD
CY2021Q4 wpc Mortgage Loans Receivable Net
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24100000 USD
CY2021Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group
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8300000 USD
CY2021Q4 us-gaap Inventory Real Estate Construction In Process
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114500000 USD
CY2021Q4 srt Real Estate Federal Income Tax Basis
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13900000000 USD
CY2021Q4 us-gaap Mortgage Loans On Real Estate
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24143000 USD
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24143000 USD
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47737000 USD
CY2018Q4 us-gaap Mortgage Loans On Real Estate
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57737000 USD
CY2021 wpc Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Other Deduction Allowance For Credit Loss
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateOtherDeductionAllowanceForCreditLoss
0 USD
CY2020 wpc Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Other Deduction Allowance For Credit Loss
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12594000 USD
CY2019 wpc Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Other Deduction Allowance For Credit Loss
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0 USD
CY2021 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
0 USD
CY2020 srt Mortgage Loans On Real Estate Collections Of Principal
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11000000 USD
CY2019 srt Mortgage Loans On Real Estate Collections Of Principal
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10000000 USD
CY2021Q4 us-gaap Mortgage Loans On Real Estate
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24143000 USD
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24143000 USD
CY2019Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
47737000 USD

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