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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Real estate investments, at cost:    
Land $ 2,992,848 $ 3,120,653
Buildings, fixtures and improvements 10,956,605 11,445,690
Intangible lease assets 2,102,606 2,218,378
Total real estate investments, at cost 16,052,059 16,784,721
Less: accumulated depreciation and amortization 2,029,121 1,778,597
Total real estate investments, net 14,022,938 15,006,124
Investment in unconsolidated entities 22,435 56,824
Investment in direct financing leases, net 43,155 46,312
Investment securities, at fair value 48,347 53,304
Mortgage notes receivable, net 23,297 24,238
Cash and cash equivalents 1,029,620 69,103
Restricted cash 60,837 59,767
Intangible assets, net 37,088 50,779
Rent and tenant receivables and other assets, net 333,124 303,637
Goodwill 1,620,233 1,656,374
Due from affiliates 8,043 60,633
Real estate assets held for sale, net 159,394 18,771
Total assets 17,408,511 17,405,866
LIABILITIES AND EQUITY    
Mortgage notes payable and other debt, net 2,938,072 3,111,985
Corporate bonds, net 3,522,297 2,536,333
Convertible debt, net 968,059 962,894
Credit facility, net 1,045,872 1,448,590
Below-market lease liabilities, net 237,403 251,692
Accounts payable and accrued expenses 163,122 151,877
Deferred rent, derivative and other liabilities 84,486 87,490
Distributions payable 146,695 140,816
Due to affiliates 0 230
Total liabilities 9,106,006 8,691,907
Commitments and contingencies
EQUITY    
Preferred stock, $0.01 par value, 100,000,000 shares authorized and 42,834,138 issued and outstanding as of each of June 30, 2016 and December 31, 2015 428 428
Common stock, $0.01 par value, 1,500,000,000 shares authorized and 904,797,960 and 904,884,394 issued and outstanding as of June 30, 2016 and December 31, 2015, respectively 9,048 9,049
Additional paid-in-capital 11,934,864 11,931,768
Accumulated other comprehensive loss (12,297) (2,025)
Accumulated deficit (3,810,341) (3,415,233)
Total stockholders’ equity 8,121,702 8,523,987
Non-controlling interests 180,803 189,972
Total equity 8,302,505 8,713,959
Total liabilities and equity 17,408,511 17,405,866
VEREIT Operating Partnership, L.P. [Member]    
Real estate investments, at cost:    
Land 2,992,848 3,120,653
Buildings, fixtures and improvements 10,956,605 11,445,690
Intangible lease assets 2,102,606 2,218,378
Total real estate investments, at cost 16,052,059 16,784,721
Less: accumulated depreciation and amortization 2,029,121 1,778,597
Total real estate investments, net 14,022,938 15,006,124
Investment in unconsolidated entities 22,435 56,824
Investment in direct financing leases, net 43,155 46,312
Investment securities, at fair value 48,347 53,304
Mortgage notes receivable, net 23,297 24,238
Cash and cash equivalents 1,029,620 69,103
Restricted cash 60,837 59,767
Intangible assets, net 37,088 50,779
Rent and tenant receivables and other assets, net 333,124 303,637
Goodwill 1,620,233 1,656,374
Due from affiliates 8,043 60,633
Real estate assets held for sale, net 159,394 18,771
Total assets 17,408,511 17,405,866
LIABILITIES AND EQUITY    
Mortgage notes payable and other debt, net 2,938,072 3,111,985
Corporate bonds, net 3,522,297 2,536,333
Convertible debt, net 968,059 962,894
Credit facility, net 1,045,872 1,448,590
Below-market lease liabilities, net 237,403 251,692
Accounts payable and accrued expenses 163,122 151,877
Deferred rent, derivative and other liabilities 84,486 87,490
Distributions payable 146,695 140,816
Due to affiliates 0 230
Total liabilities 9,106,006 8,691,907
Commitments and contingencies
EQUITY    
Total partners’ equity 8,300,066 8,712,102
Non-controlling interests 2,439 1,857
Total equity 8,302,505 8,713,959
Total liabilities and equity 17,408,511 17,405,866
VEREIT Operating Partnership, L.P. [Member] | Preferred Units [Member]    
EQUITY    
General Partners' capital account 889,695 925,569
Limited Partners' capital account 3,243 3,315
VEREIT Operating Partnership, L.P. [Member] | Common Stock [Member]    
EQUITY    
General Partners' capital account 7,232,007 7,598,418
Limited Partners' capital account $ 175,121 $ 184,800