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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Real estate investments, at cost:    
Land $ 2,895,625 $ 3,120,653
Buildings, fixtures and improvements 10,644,296 11,445,690
Intangible lease assets 2,044,521 2,218,378
Total real estate investments, at cost 15,584,442 16,784,721
Less: accumulated depreciation and amortization 2,331,643 1,778,597
Total real estate investments, net 13,252,799 15,006,124
Investment in unconsolidated entities 46,077 56,824
Investment in direct financing leases, net 39,455 46,312
Investment securities, at fair value 47,215 53,304
Mortgage notes receivable, net 22,764 24,238
Cash and cash equivalents 256,452 69,103
Restricted cash 45,018 59,767
Intangible assets, net 24,609 50,779
Rent and tenant receivables and other assets, net 330,705 303,637
Goodwill 1,462,203 1,656,374
Due from affiliates 21,349 60,633
Real estate assets held for sale, net 38,928 18,771
Total assets 15,587,574 17,405,866
LIABILITIES AND EQUITY    
Mortgage notes payable and other debt, net 2,671,106 3,111,985
Corporate bonds, net 2,226,224 2,536,333
Convertible debt, net 973,340 962,894
Credit facility, net 496,578 1,448,590
Below-market lease liabilities, net 224,023 251,692
Accounts payable and accrued expenses 146,137 151,877
Deferred rent, derivative and other liabilities 68,039 87,490
Distributions payable 162,578 140,816
Due to affiliates 16 230
Total liabilities 6,968,041 8,691,907
Commitments and contingencies (Note 15)
EQUITY    
Preferred stock, $0.01 par value, 100,000,000 shares authorized and 42,834,138 issued and outstanding as of each of December 31, 2016 and December 31, 2015 428 428
Common stock, $0.01 par value, 1,500,000,000 shares authorized and 974,146,650 and 904,884,394 issued and outstanding as of December 31, 2016 and December 31, 2015, respectively 9,741 9,049
Additional paid-in-capital 12,640,171 11,931,768
Accumulated other comprehensive loss (2,556) (2,025)
Accumulated deficit (4,200,423) (3,415,233)
Total stockholders’ equity 8,447,361 8,523,987
Non-controlling interests 172,172 189,972
Total equity 8,619,533 8,713,959
Total liabilities and equity 15,587,574 17,405,866
VEREIT Operating Partnership, L.P. [Member]    
Real estate investments, at cost:    
Land 2,895,625 3,120,653
Buildings, fixtures and improvements 10,644,296 11,445,690
Intangible lease assets 2,044,521 2,218,378
Total real estate investments, at cost 15,584,442 16,784,721
Less: accumulated depreciation and amortization 2,331,643 1,778,597
Total real estate investments, net 13,252,799 15,006,124
Investment in unconsolidated entities 46,077 56,824
Investment in direct financing leases, net 39,455 46,312
Investment securities, at fair value 47,215 53,304
Mortgage notes receivable, net 22,764 24,238
Cash and cash equivalents 256,452 69,103
Restricted cash 45,018 59,767
Intangible assets, net 24,609 50,779
Rent and tenant receivables and other assets, net 330,705 303,637
Goodwill 1,462,203 1,656,374
Due from affiliates 21,349 60,633
Real estate assets held for sale, net 38,928 18,771
Total assets 15,587,574 17,405,866
LIABILITIES AND EQUITY    
Mortgage notes payable and other debt, net 2,671,106 3,111,985
Corporate bonds, net 2,226,224 2,536,333
Convertible debt, net 973,340 962,894
Credit facility, net 496,578 1,448,590
Below-market lease liabilities, net 224,023 251,692
Accounts payable and accrued expenses 146,137 151,877
Deferred rent, derivative and other liabilities 68,039 87,490
Distributions payable 162,578 140,816
Due to affiliates 16 230
Total liabilities 6,968,041 8,691,907
Commitments and contingencies (Note 15)
EQUITY    
Total partners’ equity 8,617,130 8,712,102
Non-controlling interests 2,403 1,857
Total equity 8,619,533 8,713,959
Total liabilities and equity 15,587,574 17,405,866
VEREIT Operating Partnership, L.P. [Member] | Preferred Units [Member]    
EQUITY    
General Partners' capital account 853,821 925,569
Limited Partners' capital account 3,171 3,315
VEREIT Operating Partnership, L.P. [Member] | Common Stock [Member]    
EQUITY    
General Partners' capital account 7,593,540 7,598,418
Limited Partners' capital account $ 166,598 $ 184,800