CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2017	Mar. 31, 2016
Revenues:
Rental income		$ 293,739	$ 313,971
Direct financing lease income		433	569
Operating expense reimbursements		26,726	23,247
Cole Capital revenue		27,131	31,233
Total revenues		348,029	369,020
Operating expenses:
Cole Capital reallowed fees and commissions		2,660	8,068
Acquisition-related		617	242
Litigation and other non-routine costs, net of insurance recoveries		12,875	(5,175)
Property operating		34,016	34,813
General and administrative		29,148	29,400
Depreciation and amortization		183,152	204,308
Impairments		6,725	160,517
Total operating expenses		269,193	432,173
Operating income (loss)		78,836	(63,153)
Other (expense) income:
Interest expense		(73,743)	(80,426)
Loss on extinguishment and forgiveness of debt, net		(70)	0
Other income, net		798	1,062
Equity in (loss) income and gain on disposition of unconsolidated entities		(82)	10,404
Gain (loss) on derivative instruments, net		824	(1,086)
Total other expenses, net		(72,273)	(70,046)
Income (loss) before taxes and real estate dispositions		6,563	(133,199)
Gain on disposition of real estate and held for sale assets, net		12,481	17,175
Income (loss) before taxes		19,044	(116,024)
Provision for income taxes		(4,254)	(56)
Net income (loss)		14,790	(116,080)
Net (income) loss attributable to non-controlling interests	[1]	(352)	2,994
Net income (loss) attributable to the General Partner / OP		$ 14,438	$ (113,086)
Basic and diluted net loss per share attributable to common stockholders (in dollars per share)		$ 0.00	$ (0.15)
Distributions declared per common share / unit (in dollars per share)		$ 0.14	$ 0.14
VEREIT Operating Partnership, L.P. [Member]
Revenues:
Rental income		$ 293,739	$ 313,971
Direct financing lease income		433	569
Operating expense reimbursements		26,726	23,247
Cole Capital revenue		27,131	31,233
Total revenues		348,029	369,020
Operating expenses:
Cole Capital reallowed fees and commissions		2,660	8,068
Acquisition-related		617	242
Litigation and other non-routine costs, net of insurance recoveries		12,875	(5,175)
Property operating		34,016	34,813
General and administrative		29,148	29,400
Depreciation and amortization		183,152	204,308
Impairments		6,725	160,517
Total operating expenses		269,193	432,173
Operating income (loss)		78,836	(63,153)
Other (expense) income:
Interest expense		(73,743)	(80,426)
Loss on extinguishment and forgiveness of debt, net		(70)	0
Other income, net		798	1,062
Equity in (loss) income and gain on disposition of unconsolidated entities		(82)	10,404
Gain (loss) on derivative instruments, net		824	(1,086)
Total other expenses, net		(72,273)	(70,046)
Income (loss) before taxes and real estate dispositions		6,563	(133,199)
Gain on disposition of real estate and held for sale assets, net		12,481	17,175
Income (loss) before taxes		19,044	(116,024)
Provision for income taxes		(4,254)	(56)
Net income (loss)		14,790	(116,080)
Net (income) loss attributable to non-controlling interests	[2]	7	39
Net income (loss) attributable to the General Partner / OP		$ 14,797	$ (116,041)
Basic and diluted net loss per unit attributable to common unitholders (in dollars per share)		$ 0.00	$ (0.15)
Distributions declared per common share / unit (in dollars per share)		$ 0.14	$ 0.14

[1] Represents (income) loss attributable to limited partners and consolidated joint venture partners.

[2] Represents loss attributable to consolidated joint venture partners.