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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - OP - USD ($)
Total
Affiliates of Former Manager [Member]
Offering Related Costs [Member]
General Partner [Member]
Limited Partners' Preferred Stock to General Partners' Preferred Stock [Member]
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]
Total Partners' Capital [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]
Noncontrolling Interest [Member]
VEREIT Operating Partnership, L.P. [Member]
Preferred OP Units [Member]
VEREIT Operating Partnership, L.P. [Member]
Preferred OP Units [Member]
Total Partners' Capital [Member]
VEREIT Operating Partnership, L.P. [Member]
Preferred OP Units [Member]
Preferred Units [Member]
General Partner [Member]
VEREIT Operating Partnership, L.P. [Member]
Preferred OP Units [Member]
Preferred Units [Member]
Limited Partner [Member]
VEREIT Operating Partnership, L.P. [Member]
Preferred OP Units [Member]
Common Stock [Member]
Limited Partner [Member]
VEREIT Operating Partnership, L.P. [Member]
Series C Stock [Member]
VEREIT Operating Partnership, L.P. [Member]
Series C Stock [Member]
Total Partners' Capital [Member]
VEREIT Operating Partnership, L.P. [Member]
Series C Stock [Member]
Common Stock [Member]
General Partner [Member]
VEREIT Operating Partnership, L.P. [Member]
Limited Partners' Common Stock to General Partners' Common Stock [Member]
VEREIT Operating Partnership, L.P. [Member]
Limited Partners' Common Stock to General Partners' Common Stock [Member]
Common Stock [Member]
General Partner [Member]
VEREIT Operating Partnership, L.P. [Member]
Limited Partners' Common Stock to General Partners' Common Stock [Member]
Common Stock [Member]
Limited Partner [Member]
VEREIT Operating Partnership, L.P. [Member]
General Partners' Preferred Stock to General Partners' Common Stock [Member]
VEREIT Operating Partnership, L.P. [Member]
General Partners' Preferred Stock to General Partners' Common Stock [Member]
Preferred Units [Member]
General Partner [Member]
VEREIT Operating Partnership, L.P. [Member]
General Partners' Preferred Stock to General Partners' Common Stock [Member]
Common Stock [Member]
General Partner [Member]
VEREIT Operating Partnership, L.P. [Member]
Limited Partners' Preferred Stock to General Partners' Preferred Stock [Member]
Preferred Units [Member]
General Partner [Member]
VEREIT Operating Partnership, L.P. [Member]
Limited Partners' Preferred Stock to General Partners' Preferred Stock [Member]
Preferred Units [Member]
Limited Partner [Member]
Noncontrolling Interest [Member]
Beginning balance (shares) at Dec. 31, 2012               6,990,328 0 184,553,676 1,621,349                                    
Beginning balance at Dec. 31, 2012         $ 1,668,760,000   $ 1,668,760,000 $ 163,047,000 $ 0 $ 1,489,587,000 $ 16,126,000 $ 0                                  
Increase (Decrease) in Partners' Capital [Roll Forward]                                                          
Issuance of Units (shares)                   78,215,719 [1]         36,037,691 721,465 630,689                        
Issuance of Units         1,253,343,000 [1]   1,253,343,000 [1]     $ 1,253,343,000 [1]     $ 931,803,000 $ 931,803,000 $ 900,942,000 $ 16,466,000 $ 14,395,000                        
Issuance of Common OP Units through distribution reinvestment plan (shares)                   940,737                                      
Issuance of Common OP Units through distribution reinvestment plan         25,564,000   25,564,000     $ 25,564,000                                      
Offering costs $ (165,531,000) [2]       (165,531,000)   (165,531,000)     $ (165,531,000)                                      
Repurchases of Common OP Units (shares) (4,956)                 (28,319,972)                                      
Repurchase of Common OP Units $ (358,041,000)       (358,041,000)   (358,041,000)     $ (358,041,000)                                      
Excess of ARCT IV Merger consideration over historical cost         (558,089,000)   (558,089,000)     $ (558,089,000)                                      
Conversion of Units to units (shares)                                       1,411,030   599,233 (599,233)   (828,472) 829,629      
Conversion of Units                                   $ 17,396,000 $ 17,396,000 $ 17,396,000 $ 0 $ 5,800,000 $ (5,800,000) $ 0 $ (9,000,000) $ 9,000,000      
Equity-based compensation, net of forfeitures (shares)                   1,004,673 8,241,100                                    
Equity-based compensation, net of forfeitures         40,662,000   40,662,000     $ 7,962,000 $ 32,700,000                                    
Equity component of convertible debt 28,559,000       28,559,000         28,559,000                                      
Contribution from Advisor         2,313,000   2,313,000     2,313,000                                      
Distributions declared         (259,468,000)   (259,468,000)     (259,468,000)                                      
Issuance of Common OP Units (shares)                     8,029,545                                    
Issuance of Common OP Units         107,771,000   107,771,000       $ 107,771,000                                    
Distributions to Common OP Units and non-controlling interest holders (9,014,000)       (9,014,000)   (9,014,000)       $ (9,014,000)                                   $ (9,014,000)
Non-controlling interests retained 567,000       567,000             567,000                                 567,000
Redemption of OP Units (shares)                     (91,176)                                    
Redemption of OP Units         (1,152,000)   (1,152,000)       $ (1,152,000)                                    
Contributions from non-controlling interest holders 30,861,000                                                       30,861,000
Net (loss) income (507,815,000)       (507,815,000)   (507,815,000)     (491,499,000) (16,316,000)                                   (16,316,000)
Other comprehensive income (loss) 11,600,000       11,600,000   11,600,000     $ 11,227,000 $ 373,000                                    
Ending balance (shares) at Dec. 31, 2013               42,199,547 721,465 239,234,725 17,832,274                                    
Ending balance at Dec. 31, 2013         2,229,228,000   2,228,661,000 $ 1,054,989,000 $ 16,466,000 $ 1,018,123,000 $ 139,083,000 567,000                                  
Increase (Decrease) in Partners' Capital [Roll Forward]                                                          
Issuance of stock 2,153,925,000 $ 161,800,000       $ 161,800,000                                              
Issuance of Units (shares) [1]                   662,305,318 7,956,297                                    
Issuance of Units [1]         9,082,747,000   9,082,747,000     $ 8,930,263,000 $ 152,484,000                                    
Repurchase of Common OP Units (7,690,000)                                                        
Conversion of Units to units (shares)                                           1,108,351 (1,108,351)       634,591 (634,591)  
Conversion of Units       $ 0                                   $ 16,046,000 $ (16,046,000)       $ 12,677,000 $ (12,677,000)  
Equity-based compensation, net of forfeitures (shares)                   3,433,701                                      
Equity-based compensation, net of forfeitures         31,861,000   31,861,000     $ 30,261,000 1,600,000                                    
Issuance of Common OP Units (shares)                   (551,664)                                      
Issuance of Common OP Units         (7,690,000)   (7,690,000)     $ (7,690,000)                                      
Distributions to Common OP Units and non-controlling interest holders (36,318,000)       (861,030,000)   (858,568,000)     (824,712,000) $ (33,856,000) (2,462,000)                                 (36,318,000)
Non-controlling interests retained 24,766,000       24,766,000             24,766,000                                 24,766,000
Redemption of OP Units (shares)                     916,423                                    
Redemption of OP Units         (8,420,000)   (8,420,000)       $ (8,420,000)                                    
Excess tax benefit 4,458,000       4,458,000   4,458,000     4,458,000                                      
Distributions to Preferred OP Units         (98,722,000)   (98,722,000) $ (70,679,000) $ (414,000) (27,629,000)                                      
Contributions from non-controlling interest holders 982,000       982,000             982,000                                 982,000
Net (loss) income (1,010,912,000)       (1,010,912,000)   (1,010,758,000)     (977,185,000) (33,573,000) (154,000)                                 (33,727,000)
Other comprehensive income (loss) (4,938,000)       (4,938,000)   (4,938,000)     $ (4,768,000) $ (170,000)                                    
Ending balance (shares) at Dec. 31, 2014               42,834,138 86,874 905,530,431 23,763,797                                    
Ending balance at Dec. 31, 2014         9,382,330,000   9,358,631,000 $ 996,987,000 $ 3,375,000 $ 8,157,167,000 $ 201,102,000 23,699,000                                  
Increase (Decrease) in Partners' Capital [Roll Forward]                                                          
Issuance of stock $ 8,930,263,000 [2] 2,200,000       2,200,000                                              
Repurchases of Common OP Units (shares) (188,075)   (268,414)             (268,414)                                      
Repurchase of Common OP Units $ (2,227,000)       (2,227,000)   (2,227,000)     $ (2,227,000)                                      
Equity-based compensation, net of forfeitures (shares)                   (377,623)                                      
Equity-based compensation, net of forfeitures         14,500,000   14,500,000     $ 14,500,000                                      
Distributions to Common OP Units and non-controlling interest holders (45,594,000)       (294,894,000)   (256,919,000)     (249,300,000) (7,619,000) (37,975,000)                                 (45,594,000)
Distributions to Preferred OP Units         (71,478,000)   (71,478,000) $ (71,418,000) $ (60,000)                                       (474,000)
Disposition of consolidated joint venture interest 14,859,000                     14,859,000                                 14,859,000
Tax shortfall from equity-based compensation         (764,000)   (764,000)     (764,000)                                      
Net (loss) income (323,492,000)       (323,492,000)   (324,766,000)     (316,353,000) (8,413,000) 1,274,000                                 (7,139,000)
Other comprehensive income (loss) $ (4,875,000)       (4,875,000)   (4,875,000)     $ (4,605,000) $ (270,000)                                   $ (122,000)
Ending balance (shares) at Dec. 31, 2015               42,834,138 86,874 904,884,394 23,763,797                                    
Ending balance at Dec. 31, 2015         $ 8,713,959,000   $ 8,712,102,000 $ 925,569,000 $ 3,315,000 $ 7,598,418,000 $ 184,800,000 $ 1,857,000                                  
Increase (Decrease) in Partners' Capital [Roll Forward]                                                          
Issuance of stock   $ 0       $ 0                                              
[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.
[2] 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.