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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Real estate investments, at cost:    
Land $ 3,351,303 $ 3,472,298
Buildings, fixtures and improvements 11,779,450 12,307,758
Land and construction in progress 83,104 77,450
Intangible lease assets 2,339,273 2,435,054
Total real estate investments, at cost 17,553,130 18,292,560
Less: accumulated depreciation and amortization 1,401,843 1,034,122
Total real estate investments, net 16,151,287 17,258,438
Investment in unconsolidated entities 94,502 98,053
Investment in direct financing leases, net 49,801 56,076
Investment securities, at fair value 55,802 58,646
Loans held for investment, net 40,598 42,106
Cash and cash equivalents 121,651 416,711
Restricted cash 53,336 62,651
Intangible assets, net 135,340 150,359
Deferred costs and other assets, net 403,606 389,922
Goodwill 1,847,295 1,894,794
Due from affiliates 53,456 86,122
Assets held for sale 242,701 1,261
Total assets 19,249,375 20,515,139
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Mortgage notes payable and other debt, net 3,500,144 3,805,761
Corporate bonds, net 2,546,864 2,546,499
Convertible debt, net 979,852 977,521
Credit facility 2,300,000 3,184,000
Below-market lease liabilities, net 298,102 317,838
Accounts payable and accrued expenses 168,877 163,025
Deferred rent, derivative and other liabilities 122,999 127,611
Distributions payable 9,938 9,995
Due to affiliates 268 559
Mortgage notes payable associated with assets held for sale 118,493 0
Total liabilities 10,045,537 11,132,809
Commitments and contingencies (Note 14) 0 0
STOCKHOLDERS’ EQUITY    
Preferred stock 428 428
Common stock 9,051 9,055
Additional paid-in capital 11,924,547 11,920,253
Accumulated other comprehensive (loss) income (1,928) 2,728
Accumulated deficit (2,951,019) (2,778,576)
Total stockholders’ equity 8,981,079 9,153,888
Non-controlling interests 222,759 228,442
Total equity 9,203,838 9,382,330
Total liabilities and equity 19,249,375 20,515,139
VEREIT Operating Partnership, L.P. [Member]    
Real estate investments, at cost:    
Land 3,351,303 3,472,298
Buildings, fixtures and improvements 11,779,450 12,307,758
Land and construction in progress 83,104 77,450
Intangible lease assets 2,339,273 2,435,054
Total real estate investments, at cost 17,553,130 18,292,560
Less: accumulated depreciation and amortization 1,401,843 1,034,122
Total real estate investments, net 16,151,287 17,258,438
Investment in unconsolidated entities 94,502 98,053
Investment in direct financing leases, net 49,801 56,076
Investment securities, at fair value 55,802 58,646
Loans held for investment, net 40,598 42,106
Cash and cash equivalents 121,651 416,711
Restricted cash 53,336 62,651
Intangible assets, net 135,340 150,359
Deferred costs and other assets, net 403,606 389,922
Goodwill 1,847,295 1,894,794
Due from affiliates 53,456 86,122
Assets held for sale 242,701 1,261
Total assets 19,249,375 20,515,139
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Mortgage notes payable and other debt, net 3,500,144 3,805,761
Corporate bonds, net 2,546,864 2,546,499
Convertible debt, net 979,852 977,521
Credit facility 2,300,000 3,184,000
Below-market lease liabilities, net 298,102 317,838
Accounts payable and accrued expenses 168,877 163,025
Deferred rent, derivative and other liabilities 122,999 127,611
Distributions payable 9,938 9,995
Due to affiliates 268 559
Mortgage notes payable associated with assets held for sale 118,493 0
Total liabilities $ 10,045,537 $ 11,132,809
Commitments and contingencies (Note 14)    
STOCKHOLDERS’ EQUITY    
Total partners’ equity $ 9,182,119 $ 9,358,631
Non-controlling interests 21,719 23,699
Total equity 9,203,838 9,382,330
Total liabilities and equity 19,249,375 20,515,139
VEREIT Operating Partnership, L.P. [Member] | Common Stock [Member]    
STOCKHOLDERS’ EQUITY    
General partners' capital account 8,020,430 8,157,167
Limited partners' capital account 197,273 201,102
VEREIT Operating Partnership, L.P. [Member] | Preferred Units [Member]    
STOCKHOLDERS’ EQUITY    
General partners' capital account 961,041 996,987
Limited partners' capital account $ 3,375 $ 3,375