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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Real estate investments, at cost:    
Land $ 3,257,396 $ 3,472,298
Buildings, fixtures and improvements 11,615,474 12,307,758
Land and construction in progress 37,356 77,450
Intangible lease assets 2,313,369 2,435,054
Total real estate investments, at cost 17,223,595 18,292,560
Less: accumulated depreciation and amortization 1,595,667 1,034,122
Total real estate investments, net 15,627,928 17,258,438
Investment in unconsolidated entities 57,247 98,053
Investment in direct financing leases, net 49,244 56,076
Investment securities, at fair value 54,455 58,646
Loans held for investment, net 40,002 42,106
Cash and cash equivalents 171,659 416,711
Restricted cash 47,775 62,651
Intangible assets, net 127,835 150,359
Deferred costs and other assets, net 385,806 389,922
Goodwill 1,828,005 1,894,794
Due from affiliates 66,981 86,122
Assets held for sale 247,951 1,261
Total assets 18,704,888 20,515,139
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Mortgage notes payable and other debt, net 3,210,413 3,805,761
Corporate bonds, net 2,547,059 2,546,499
Convertible debt, net 981,031 977,521
Credit facility 2,110,000 3,184,000
Below-market lease liabilities, net 264,232 317,838
Accounts payable and accrued expenses 164,204 163,025
Deferred rent, derivative and other liabilities 114,343 127,611
Distributions payable 137,647 9,995
Due to affiliates 241 559
Mortgage notes payable associated with assets held for sale 118,493 0
Total liabilities 9,647,663 11,132,809
Commitments and contingencies (Note 14) 0 0
STOCKHOLDERS’ EQUITY    
Preferred stock 428 428
Common stock 9,050 9,055
Additional paid-in-capital 11,928,184 11,920,253
Accumulated other comprehensive (loss) income (9,806) 2,728
Accumulated deficit (3,085,906) (2,778,576)
Total stockholders’ equity 8,841,950 9,153,888
Non-controlling interests 215,275 228,442
Total equity 9,057,225 9,382,330
Total liabilities and equity 18,704,888 20,515,139
VEREIT Operating Partnership, L.P. [Member]    
Real estate investments, at cost:    
Land 3,257,396 3,472,298
Buildings, fixtures and improvements 11,615,474 12,307,758
Land and construction in progress 37,356 77,450
Intangible lease assets 2,313,369 2,435,054
Total real estate investments, at cost 17,223,595 18,292,560
Less: accumulated depreciation and amortization 1,595,667 1,034,122
Total real estate investments, net 15,627,928 17,258,438
Investment in unconsolidated entities 57,247 98,053
Investment in direct financing leases, net 49,244 56,076
Investment securities, at fair value 54,455 58,646
Loans held for investment, net 40,002 42,106
Cash and cash equivalents 171,659 416,711
Restricted cash 47,775 62,651
Intangible assets, net 127,835 150,359
Deferred costs and other assets, net 385,806 389,922
Goodwill 1,828,005 1,894,794
Due from affiliates 66,981 86,122
Assets held for sale 247,951 1,261
Total assets 18,704,888 20,515,139
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Mortgage notes payable and other debt, net 3,210,413 3,805,761
Corporate bonds, net 2,547,059 2,546,499
Convertible debt, net 981,031 977,521
Credit facility 2,110,000 3,184,000
Below-market lease liabilities, net 264,232 317,838
Accounts payable and accrued expenses 164,204 163,025
Deferred rent, derivative and other liabilities 114,343 127,611
Distributions payable 137,647 9,995
Due to affiliates 241 559
Mortgage notes payable associated with assets held for sale 118,493 0
Total liabilities 9,647,663 11,132,809
Commitments and contingencies (Note 14) 0 0
STOCKHOLDERS’ EQUITY    
Total partners’ equity 9,039,600 9,358,631
Non-controlling interests 17,625 23,699
Total equity 9,057,225 9,382,330
Total liabilities and equity 18,704,888 20,515,139
VEREIT Operating Partnership, L.P. [Member] | Preferred Units [Member]    
STOCKHOLDERS’ EQUITY    
General partners' capital account 943,067 996,987
Limited partners' capital account 3,375 3,375
VEREIT Operating Partnership, L.P. [Member] | Common Stock [Member]    
STOCKHOLDERS’ EQUITY    
General partners' capital account 7,899,149 8,157,167
Limited partners' capital account $ 194,009 $ 201,102