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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Real estate investments, at cost:    
Land $ 2,868,447 $ 2,895,625
Buildings, fixtures and improvements 10,630,598 10,644,296
Intangible lease assets 2,017,739 2,044,521
Total real estate investments, at cost 15,516,784 15,584,442
Less: accumulated depreciation and amortization 2,494,811 2,331,643
Total real estate investments, net 13,021,973 13,252,799
Investment in unconsolidated entities 45,145 46,077
Investment in direct financing leases, net 34,909 39,455
Investment securities, at fair value 42,630 47,215
Mortgage notes receivable, net 22,545 22,764
Cash and cash equivalents 285,586 256,452
Restricted cash 46,712 45,018
Intangible assets, net 20,464 24,609
Rent and tenant receivables and other assets, net 346,898 330,705
Goodwill 1,462,585 1,462,203
Due from affiliates 15,007 21,349
Real estate assets held for sale, net 12,081 38,928
Total assets 15,356,535 15,587,574
LIABILITIES AND EQUITY    
Mortgage notes payable and other debt, net 2,586,917 2,671,106
Corporate bonds, net 2,227,307 2,226,224
Convertible debt, net 976,031 973,340
Credit facility, net 497,148 496,578
Below-market lease liabilities, net 217,721 224,023
Accounts payable and accrued expenses 135,817 146,137
Deferred rent, derivative and other liabilities 68,196 68,039
Distributions payable 165,765 162,578
Due to affiliates 7 16
Total liabilities 6,874,909 6,968,041
Commitments and contingencies (Note 14)
EQUITY    
Preferred stock, $0.01 par value, 100,000,000 shares authorized and 42,834,138 issued and outstanding as of each of March 31, 2017 and December 31, 2016 428 428
Common stock, $0.01 par value, 1,500,000,000 shares authorized and 974,238,458 and 974,146,650 issued and outstanding as of March 31, 2017 and December 31, 2016, respectively 9,742 9,741
Additional paid-in-capital 12,642,099 12,640,171
Accumulated other comprehensive loss (1,795) (2,556)
Accumulated deficit (4,338,029) (4,200,423)
Total stockholders’ equity 8,312,445 8,447,361
Non-controlling interests 169,181 172,172
Total equity 8,481,626 8,619,533
Total liabilities and equity 15,356,535 15,587,574
VEREIT Operating Partnership, L.P. [Member]    
Real estate investments, at cost:    
Land 2,868,447 2,895,625
Buildings, fixtures and improvements 10,630,598 10,644,296
Intangible lease assets 2,017,739 2,044,521
Total real estate investments, at cost 15,516,784 15,584,442
Less: accumulated depreciation and amortization 2,494,811 2,331,643
Total real estate investments, net 13,021,973 13,252,799
Investment in unconsolidated entities 45,145 46,077
Investment in direct financing leases, net 34,909 39,455
Investment securities, at fair value 42,630 47,215
Mortgage notes receivable, net 22,545 22,764
Cash and cash equivalents 285,586 256,452
Restricted cash 46,712 45,018
Intangible assets, net 20,464 24,609
Rent and tenant receivables and other assets, net 346,898 330,705
Goodwill 1,462,585 1,462,203
Due from affiliates 15,007 21,349
Real estate assets held for sale, net 12,081 38,928
Total assets 15,356,535 15,587,574
LIABILITIES AND EQUITY    
Mortgage notes payable and other debt, net 2,586,917 2,671,106
Corporate bonds, net 2,227,307 2,226,224
Convertible debt, net 976,031 973,340
Credit facility, net 497,148 496,578
Below-market lease liabilities, net 217,721 224,023
Accounts payable and accrued expenses 135,817 146,137
Deferred rent, derivative and other liabilities 68,196 68,039
Distributions payable 165,765 162,578
Due to affiliates 7 16
Total liabilities 6,874,909 6,968,041
Commitments and contingencies (Note 14)
EQUITY    
Total partners’ equity 8,479,290 8,617,130
Non-controlling interests 2,336 2,403
Total equity 8,481,626 8,619,533
Total liabilities and equity 15,356,535 15,587,574
VEREIT Operating Partnership, L.P. [Member] | Preferred Units [Member]    
EQUITY    
General Partners' capital account 835,884 853,821
Limited Partners' capital account 3,135 3,171
VEREIT Operating Partnership, L.P. [Member] | Common Stock [Member]    
EQUITY    
General Partners' capital account 7,476,561 7,593,540
Limited Partners' capital account $ 163,710 $ 166,598