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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Real estate investments, at cost:    
Land $ 3,120,653 $ 3,472,298
Buildings, fixtures and improvements 11,425,676 12,307,758
Land and construction in progress 20,014 77,450
Intangible lease assets 2,218,378 2,435,054
Total real estate investments, at cost 16,784,721 18,292,560
Less: accumulated depreciation and amortization 1,778,597 1,034,122
Total real estate investments, net 15,006,124 17,258,438
Investment in unconsolidated entities 56,824 98,053
Investment in direct financing leases, net 46,312 56,076
Investment securities, at fair value 53,304 58,646
Loans held for investment, net 24,238 42,106
Cash and cash equivalents 69,103 416,711
Restricted cash 59,767 62,651
Intangible assets, net 50,779 150,359
Rent and tenant receivables and other assets, net 303,637 301,919
Goodwill 1,656,374 1,894,794
Due from affiliates 60,633 86,122
Real estate assets held for sale, net 18,771 1,261
Total assets 17,405,866 20,427,136
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Mortgage notes payable and other debt, net 3,111,985 3,773,922
Corporate bonds, net 2,536,333 2,531,081
Convertible debt, net 962,894 952,856
Credit facility, net 1,448,590 3,167,919
Below-market lease liabilities, net 251,692 317,838
Accounts payable and accrued expenses 151,877 163,025
Deferred rent, derivative and other liabilities 87,490 127,611
Distributions payable 140,816 9,995
Due to affiliates 230 559
Total liabilities $ 8,691,907 $ 11,044,806
Commitments and contingencies
STOCKHOLDERS’ EQUITY    
Preferred stock $ 428 $ 428
Common stock 9,049 9,055
Additional paid-in-capital 11,931,768 11,920,253
Accumulated other comprehensive (loss) income (2,025) 2,728
Accumulated deficit (3,415,233) (2,778,576)
Total stockholders’ equity 8,523,987 9,153,888
Non-controlling interests 189,972 228,442
Total equity 8,713,959 9,382,330
Total liabilities and equity 17,405,866 20,427,136
VEREIT Operating Partnership, L.P. [Member]    
Real estate investments, at cost:    
Land 3,120,653 3,472,298
Buildings, fixtures and improvements 11,425,676 12,307,758
Land and construction in progress 20,014 77,450
Intangible lease assets 2,218,378 2,435,054
Total real estate investments, at cost 16,784,721 18,292,560
Less: accumulated depreciation and amortization 1,778,597 1,034,122
Total real estate investments, net 15,006,124 17,258,438
Investment in unconsolidated entities 56,824 98,053
Investment in direct financing leases, net 46,312 56,076
Investment securities, at fair value 53,304 58,646
Loans held for investment, net 24,238 42,106
Cash and cash equivalents 69,103 416,711
Restricted cash 59,767 62,651
Intangible assets, net 50,779 150,359
Rent and tenant receivables and other assets, net 303,637 301,919
Goodwill 1,656,374 1,894,794
Due from affiliates 60,633 86,122
Real estate assets held for sale, net 18,771 1,261
Total assets 17,405,866 20,427,136
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Mortgage notes payable and other debt, net 3,111,985 3,773,922
Corporate bonds, net 2,536,333 2,531,081
Convertible debt, net 962,894 952,856
Credit facility, net 1,448,590 3,167,919
Below-market lease liabilities, net 251,692 317,838
Accounts payable and accrued expenses 151,877 163,025
Deferred rent, derivative and other liabilities 87,490 127,611
Distributions payable 140,816 9,995
Due to affiliates 230 559
Total liabilities $ 8,691,907 $ 11,044,806
Commitments and contingencies
STOCKHOLDERS’ EQUITY    
Total partners’ equity $ 8,713,185 $ 9,358,631
Non-controlling interests 774 23,699
Total equity 8,713,959 9,382,330
Total liabilities and equity 17,405,866 20,427,136
VEREIT Operating Partnership, L.P. [Member] | Preferred Units [Member]    
STOCKHOLDERS’ EQUITY    
General partners' capital account 925,569 996,987
Limited partners' capital account 3,315 3,375
VEREIT Operating Partnership, L.P. [Member] | Common Stock [Member]    
STOCKHOLDERS’ EQUITY    
General partners' capital account 7,598,418 8,157,167
Limited partners' capital account $ 185,883 $ 201,102