XML 51 R87.htm IDEA: XBRL DOCUMENT v3.3.0.814
Debt (Credit Facility) (Narrative) (Details) - USD ($)
6 Months Ended 9 Months Ended
Jun. 30, 2015
Sep. 30, 2015
Dec. 31, 2014
Line of Credit Facility [Line Items]      
Outstanding balance   $ 2,110,000,000 $ 3,184,000,000
VEREIT Operating Partnership, L.P. [Member]      
Line of Credit Facility [Line Items]      
Outstanding balance   2,110,000,000 $ 3,184,000,000
Credit Facility [Member]      
Line of Credit Facility [Line Items]      
Maximum borrowing capacity $ 3,600,000,000 3,300,000,000  
Maximum aggregate amount outstanding at any one time 50,000,000 25,000,000  
Outstanding balance   $ 2,100,000,000  
Length of extension option   1 year  
Credit Facility [Member] | VEREIT Operating Partnership, L.P. [Member]      
Line of Credit Facility [Line Items]      
Remaining borrowing capacity   $ 1,200,000,000  
Credit Facility [Member] | VEREIT Operating Partnership, L.P. [Member] | Minimum [Member]      
Line of Credit Facility [Line Items]      
Commitment fee percentage   0.15%  
Credit Facility [Member] | VEREIT Operating Partnership, L.P. [Member] | Maximum [Member]      
Line of Credit Facility [Line Items]      
Commitment fee percentage   0.25%  
Credit Facility [Member] | Revolving Credit Facility [Member]      
Line of Credit Facility [Line Items]      
Maximum borrowing capacity 2,450,000,000    
Current borrowing capacity   $ 2,300,000,000  
Credit Facility [Member] | Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]      
Line of Credit Facility [Line Items]      
Basis spread on variable rate   1.00%  
Credit Facility [Member] | Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]      
Line of Credit Facility [Line Items]      
Basis spread on variable rate   1.80%  
Credit Facility [Member] | Revolving Credit Facility [Member] | Base Rate [Member] | Minimum [Member]      
Line of Credit Facility [Line Items]      
Basis spread on variable rate   0.00%  
Credit Facility [Member] | Revolving Credit Facility [Member] | Base Rate [Member] | Maximum [Member]      
Line of Credit Facility [Line Items]      
Basis spread on variable rate   0.80%  
Credit Facility [Member] | Revolving Credit Facility [Member] | Federal Funds Rate [Member]      
Line of Credit Facility [Line Items]      
Basis spread on variable rate   0.50%  
Credit Facility [Member] | Multicurrency Revolving Credit Facility [Member]      
Line of Credit Facility [Line Items]      
Elimination of debt   $ 150,000,000  
Credit Facility [Member] | Unencumbered Asset [Member]      
Line of Credit Facility [Line Items]      
Unencumbered Asset Value $ 10,500,000,000 $ 8,000,000,000  
Credit Facility [Member] | Unencumbered Asset [Member] | Tranche One [Member]      
Line of Credit Facility [Line Items]      
Unencumbered Asset Value ratio   30.00%  
Credit Facility [Member] | Unencumbered Asset [Member] | Tranche Two [Member]      
Line of Credit Facility [Line Items]      
Unencumbered Asset Value ratio   40.00%  
Credit Facility [Member] | Unencumbered Asset [Member] | Tranche Three [Member]      
Line of Credit Facility [Line Items]      
Unencumbered Asset Value ratio   35.00%  
Credit Facility [Member] | Unencumbered Asset [Member] | Tranche Four [Member]      
Line of Credit Facility [Line Items]      
Unencumbered Asset Value ratio   30.00%  
Credit Facility [Member] | Term Loan [Member]      
Line of Credit Facility [Line Items]      
Current borrowing capacity   $ 1,000,000,000  
Credit Facility [Member] | Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]      
Line of Credit Facility [Line Items]      
Basis spread on variable rate   1.15%  
Credit Facility [Member] | Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]      
Line of Credit Facility [Line Items]      
Basis spread on variable rate   2.05%  
Credit Facility [Member] | Term Loan [Member] | Base Rate [Member] | Minimum [Member]      
Line of Credit Facility [Line Items]      
Basis spread on variable rate   0.15%  
Credit Facility [Member] | Term Loan [Member] | Base Rate [Member] | Maximum [Member]      
Line of Credit Facility [Line Items]      
Basis spread on variable rate   1.05%  
Credit Facility [Member] | Floating Interest Rate [Member]      
Line of Credit Facility [Line Items]      
Outstanding balance   $ 1,100,000,000  
Variable interest rate   2.19%  
Credit Facility [Member] | Fixed Interest Rate [Member]      
Line of Credit Facility [Line Items]      
Outstanding balance   $ 1,000,000,000  
Line of credit, amount bearing fixed interest rate, percentage   3.28%