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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - OP - USD ($)
$ in Thousands
Total
VEREIT Operating Partnership, L.P. [Member]
VEREIT Operating Partnership, L.P. [Member]
Affiliates of Former Manager [Member]
Offering Related Costs [Member]
VEREIT Operating Partnership, L.P. [Member]
Preferred Units [Member]
General Partner [Member]
VEREIT Operating Partnership, L.P. [Member]
Preferred Units [Member]
Limited Partner [Member]
VEREIT Operating Partnership, L.P. [Member]
Common Stock [Member]
General Partner [Member]
VEREIT Operating Partnership, L.P. [Member]
Common Stock [Member]
Limited Partner [Member]
VEREIT Operating Partnership, L.P. [Member]
Parent [Member]
VEREIT Operating Partnership, L.P. [Member]
Noncontrolling Interest [Member]
Beginning balance (shares) at Dec. 31, 2013       42,199,547 721,465 239,234,725 17,832,274    
Beginning balance at Dec. 31, 2013   $ 2,229,228   $ 1,054,989 $ 16,466 $ 1,018,123 $ 139,083 $ 2,228,661 $ 567
Increase (Decrease) in Partners' Capital [Roll Forward]                  
Equity-based compensation, net of forfeitures (shares)             10,744,697    
Equity-based compensation, net of forfeitures   32,805       23,183 $ 9,622 32,805  
Distributions to Common OP Units and non-controlling interests $ (28,809) (626,272)       (597,463) (27,561) (625,024) (1,248)
Distributions to Preferred OP Units   (80,749)   $ (53,120)   (27,629)   (80,749)  
Net (loss) income (650,485) (650,485)       (626,562) (24,158) (650,720) 235
Other comprehensive loss 934 934       $ 899 $ 35 934  
Issuance of Common OP units, net (shares) [1]           662,305,318 7,956,297    
Issuance of common OP units, net [1]   9,075,937       $ 8,923,453 $ 152,484 9,075,937  
Conversion of Units to units (shares)       622,836 (622,836) 1,098,074 (1,098,074)    
Conversion of Units to units       $ 12,470 $ (12,470) $ 16,275 $ (16,275)    
Issuance of restricted share awards, net (shares)           5,326,404      
Issuance of restricted share awards, net (4,256) (4,256)       $ (4,256)   (4,256)  
Contributions from non-controlling interest holders 982 982             982
Non-controlling interests retained in Cole Merger 24,766 24,766             24,766
Ending balance (shares) at Sep. 30, 2014       42,822,383 98,629 907,964,521 35,435,194    
Ending balance at Sep. 30, 2014   10,002,890   $ 1,014,339 $ 3,996 $ 8,726,023 $ 233,230 9,977,588 25,302
Increase (Decrease) in Partners' Capital [Roll Forward]                  
Issuance of common stock $ 8,923,453 [2]   $ 2,200            
Beginning balance (shares) at Dec. 31, 2014       42,834,138 86,874 905,530,431 23,763,797    
Beginning balance at Dec. 31, 2014   9,382,330   $ 996,987 $ 3,375 $ 8,157,167 $ 201,102 9,358,631 23,699
Increase (Decrease) in Partners' Capital [Roll Forward]                  
Repurchases of common OP Units to settle tax obligation (shares) (183,492)         (183,492)      
Repurchases of common OP Units to settle tax obligation $ (1,634) (1,634)       $ (1,634)   (1,634)  
Equity-based compensation, net of forfeitures (shares)           (386,705)      
Equity-based compensation, net of forfeitures   10,189       $ 10,189   10,189  
Tax shortfall from equity-based compensation   (629)       (629)   (629)  
Distributions to Common OP Units and non-controlling interests (16,879) (141,326)       (124,447) (3,269) (127,716) (13,610)
Distributions to Preferred OP Units   (53,920)   $ (53,920)       (53,920)  
Disposition of consolidated joint venture interest 6,339 6,339             6,339
Net (loss) income (131,261) (131,261)       (128,963) (3,495) (132,458) 1,197
Other comprehensive loss $ (12,863) (12,863)       $ (12,534) $ (329) (12,863)  
Ending balance (shares) at Sep. 30, 2015       42,834,138 86,874 904,960,234 23,763,797    
Ending balance at Sep. 30, 2015   $ 9,057,225   $ 943,067 $ 3,375 $ 7,899,149 $ 194,009 $ 9,039,600 $ 17,625
[1] Includes $2.2 million issued to affiliates of the Former Manager (as defined in Note 15 – Equity) for the nine months ended September 30, 2014.
[2] Includes $2.2 million issued to affiliates of the Former Manager (as defined in Note 15 – Equity) for the nine months ended September 30, 2014.