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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
Total
VEREIT Operating Partnership, L.P. [Member]
Offering Related Costs [Member]
Affiliates of Former Manager [Member]
Offering Related Costs [Member]
VEREIT Operating Partnership, L.P. [Member]
Affiliates of Former Manager [Member]
Member Units [Member]
Common Units [Member]
Preferred OP Units [Member]
Series D Preferred Stock [Member]
Cumulative Preferred Stock [Member]
Preferred Stock [Member]
Total Stockholders' Equity
Total Stockholders' Equity
Member Units [Member]
Total Stockholders' Equity
Common Units [Member]
Total Stockholders' Equity
Preferred OP Units [Member]
Total Stockholders' Equity
Series D Preferred Stock [Member]
Total Stockholders' Equity
Cumulative Preferred Stock [Member]
Total Stockholders' Equity
Preferred Stock [Member]
Preferred Stock [Member]
Preferred Stock [Member]
Preferred OP Units [Member]
Preferred Stock [Member]
Preferred Stock [Member]
Common Stock [Member]
Common Stock [Member]
Series C Cumulative Preferred Stock [Member]
Common Stock [Member]
Member Units [Member]
Common Stock [Member]
Common Units [Member]
Additional Paid-In Capital [Member]
Additional Paid-In Capital [Member]
Series C Cumulative Preferred Stock [Member]
Additional Paid-In Capital [Member]
Member Units [Member]
Additional Paid-In Capital [Member]
Common Units [Member]
Additional Paid-In Capital [Member]
Preferred OP Units [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated Deficit [Member]
Accumulated Deficit [Member]
Series D Preferred Stock [Member]
Accumulated Deficit [Member]
Cumulative Preferred Stock [Member]
Accumulated Deficit [Member]
Preferred Stock [Member]
Non-Controlling Interests [Member]
Non-Controlling Interests [Member]
Member Units [Member]
Non-Controlling Interests [Member]
Common Units [Member]
Non-Controlling Interests [Member]
Preferred OP Units [Member]
Beginning balance (shares) at Dec. 31, 2012                                   6,990,328     184,553,676                                  
Beginning balance at Dec. 31, 2012 $ 1,668,760,000                   $ 1,652,579,000             $ 70,000     $ 1,846,000       $ 1,778,883,000         $ (3,934,000) $ (124,286,000)       $ 16,181,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                                            
Issuance of stock (shares)                                       36,037,691 78,215,719                                  
Issuance of stock 2,153,925,000   $ 161,800,000 $ 161,800,000           $ 360,000 2,153,925,000           $ 360,000     $ 360,000 $ 781,000       2,153,144,000                          
Excess of ARCT IV Merger consideration over historical cost (558,089,000)                   (558,089,000)                           (558,089,000)                          
Offering costs, commissions and dealer manager fees (165,531,000) [1] $ (165,531,000)                 (165,531,000) [1]                           (165,531,000) [1]                          
Common stock issued through distribution reinvestment plan (shares)                                         940,737                                  
Common stock issued through distribution reinvestment plan $ 25,564,000                   25,564,000                   $ 10,000       25,554,000                          
Common stock repurchases (shares) (4,956)                                       (28,319,972)                                  
Common stock repurchases $ (358,041,000) (358,041,000)                 (358,041,000)                   $ (283,000)       (357,758,000)                          
Conversion of stock (shares)                                   (828,472)     829,629 1,411,030 599,233                              
Conversion of stock 17,396,000                   17,396,000 $ 5,800,000           $ (8,000)     $ 8,000 $ 14,000 $ 6,000     $ 17,382,000 $ 5,794,000                 $ (5,800,000)    
Equity-based compensation, net of forfeitures (shares)                                         1,004,673                                  
Equity-based compensation, net of forfeitures 40,662,000                   7,962,000                   $ 10,000       7,952,000                   32,700,000      
Equity component of convertible debt 28,559,000                   28,559,000                           28,559,000                          
Contribution from the Former Manager 2,313,000                   2,313,000                           2,313,000                          
Consideration paid for assets of the Former Manager in excess of carryover basis                                                 2,704,000           (2,704,000)              
Distributions declared (259,468,000)                   (259,468,000)                                       (259,468,000)              
Issuance of OP Units         $ 107,771,000                                                             107,771,000    
Contributions from non-controlling interest holders 30,861,000                                                                   30,861,000      
Distributions to non-controlling interest holders (9,014,000) (9,014,000)                                                                 (9,014,000)      
Non-controlling interests retained 567,000 567,000                                                                 567,000      
Redemption of OP Units / Disposition of consolidated joint venture interest (1,152,000)                                                                   (1,152,000)      
Net loss (507,815,000) (507,815,000)                 (491,499,000)                                       (491,499,000)       (16,316,000)      
Other comprehensive income (loss) 11,600,000 11,600,000                 11,600,000                                     11,600,000                
Ending balance (shares) at Dec. 31, 2013                                   42,199,547     239,234,725                                  
Ending balance at Dec. 31, 2013 2,229,228,000                   2,073,430,000             $ 422,000     $ 2,392,000       2,940,907,000         7,666,000 (877,957,000)       155,798,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                                            
Issuance of stock (shares) [1]                                         662,305,318                                  
Issuance of stock 8,930,263,000 [1]   2,200,000 2,200,000             8,930,263,000 [1]                   $ 6,623,000 [1]       8,923,640,000 [1]                          
Common stock repurchases (shares)                                         (551,664)                                  
Common stock repurchases (7,690,000)                   (7,690,000)                   $ (5,000)       (7,685,000)                          
Conversion of stock (shares)                                     634,591         1,108,351                            
Conversion of stock           $ 0 $ 0           $ 16,046,000 $ 12,677,000         $ 6,000         $ 11,000       $ 16,035,000 $ 12,671,000               $ (16,046,000) $ (12,677,000)
Equity-based compensation, net of forfeitures (shares)                                         3,433,701                                  
Equity-based compensation, net of forfeitures 31,861,000                   30,261,000                   $ 34,000       30,227,000                   1,600,000      
Excess tax benefit 4,458,000 4,458,000                 4,458,000                           4,458,000                          
Distributions declared (819,377,000)                   (819,377,000)                                       (819,377,000)              
Issuance of OP Units         $ 152,484,000                                                             $ 152,484,000    
Contributions from non-controlling interest holders 982,000 982,000                                                                 982,000      
Distributions to non-controlling interest holders (36,318,000) (861,030,000)                                                                 (36,318,000)      
Non-controlling interests retained 24,766,000 24,766,000                                                                 24,766,000      
Distributions   (98,722,000)           $ (5,335,000) $ (98,722,000)           $ (5,335,000) $ (98,722,000)                               $ (5,335,000) $ (98,722,000)          
Redemption of OP Units / Disposition of consolidated joint venture interest (8,420,000)                                                                   (8,420,000)      
Net loss (1,010,912,000) (1,010,912,000)                 (977,185,000)                                       (977,185,000)       (33,727,000)      
Other comprehensive income (loss) (4,938,000) (4,938,000)                 (4,938,000)                                     (4,938,000)                
Ending balance (shares) at Dec. 31, 2014                                   42,834,138     905,530,431                                  
Ending balance at Dec. 31, 2014 $ 9,382,330,000                   9,153,888,000             $ 428,000     $ 9,055,000       11,920,253,000         2,728,000 (2,778,576,000)       228,442,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                                            
Issuance of stock     $ 0 $ 0                                                                    
Common stock repurchases (shares) (188,075)                                       (268,414)                                  
Common stock repurchases $ (2,227,000) (2,227,000)                 (2,227,000)                   $ (2,000)       (2,225,000)                          
Equity-based compensation, net of forfeitures (shares)                                         (377,623)                                  
Equity-based compensation, net of forfeitures 14,500,000                   14,500,000                   $ (4,000)       14,504,000                   0      
Distributions declared (248,476,000)                   (248,476,000)                                       (248,476,000)              
Distributions to non-controlling interest holders (45,594,000) (294,894,000)                                                                 (45,594,000)      
Distributions   (71,478,000)           $ (410,000)   $ (71,892,000)         $ (410,000)   $ (71,418,000)                             $ (410,000)   $ (71,418,000) (474,000)      
Disposition of consolidated joint venture interest 14,859,000                                                                   14,859,000      
Tax shortfall from equity-based compensation (764,000)                   (764,000)                           (764,000)                          
Net loss (323,492,000) (323,492,000)                 (316,353,000)                                       (316,353,000)       (7,139,000)      
Other comprehensive income (loss) (4,875,000) $ (4,875,000)                 (4,753,000)                                     (4,753,000)         (122,000)      
Ending balance (shares) at Dec. 31, 2015                                   42,834,138     904,884,394.000                                  
Ending balance at Dec. 31, 2015 $ 8,713,959,000                   $ 8,523,987,000             $ 428,000     $ 9,049,000       $ 11,931,768,000         $ (2,025,000) $ (3,415,233,000)       $ 189,972,000      
[1] Includes $2.2 million and $161.8 million issued to affiliates of the Former Manager (as defined in Note 1 – Organization) for the years ended December 31, 2014 and 2013, respectively. No such expenses were incurred during the year ended December 31, 2015.