CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Revenues:
Rental income		$ 286,291	$ 311,352	$ 580,030	$ 625,323
Direct financing lease income		403	535	836	1,104
Operating expense reimbursements		21,551	26,646	48,277	49,893
Cole Capital revenue		28,685	32,486	55,816	63,719
Total revenues		336,930	371,019	684,959	740,039
Operating expenses:
Cole Capital reallowed fees and commissions		2,874	6,975	5,534	15,043
Acquisition-related		756	41	1,373	283
Litigation and other non-routine costs, net of insurance recoveries		14,411	2,917	27,286	(2,258)
Property operating		31,627	38,199	65,643	73,012
General and administrative		29,411	33,094	58,559	62,494
Depreciation and amortization		184,288	197,345	367,440	401,653
Impairments		17,769	8,825	24,494	169,342
Total operating expenses		281,136	287,396	550,329	719,569
Operating income		55,794	83,623	134,630	20,470
Other (expense) income:
Interest expense		(73,621)	(82,468)	(147,364)	(162,894)
Gain on extinguishment and forgiveness of debt, net		9,005	252	8,935	252
Other income, net		1,835	1,216	2,633	2,278
Equity in income and gain on disposition of unconsolidated entities		513	70	431	10,474
Gain (loss) on derivative instruments, net		592	(177)	1,416	(1,263)
Total other expenses, net		(61,676)	(81,107)	(133,949)	(151,153)
(Loss) income before taxes and real estate dispositions		(5,882)	2,516	681	(130,683)
Gain on disposition of real estate and held for sale assets, net		42,639	437	55,120	17,612
Income (loss) before taxes		36,757	2,953	55,801	(113,071)
(Provision for) benefit from income taxes		(2,571)	280	(6,825)	224
Net income (loss)		34,186	3,233	48,976	(112,847)
Net (income) loss attributable to non-controlling interests	[1]	(778)	(87)	(1,130)	2,907
Net income (loss) attributable to the General Partner / OP		$ 33,408	$ 3,146	$ 47,846	$ (109,940)
Basic and diluted net income (loss) per share attributable to common stockholders (in dollars per share)		$ 0.02	$ (0.02)	$ 0.01	$ (0.16)
Distributions declared per common share / unit (in dollars per share)		$ 0.14	$ 0.14	$ 0.28	$ 0.28
VEREIT Operating Partnership, L.P. [Member]
Revenues:
Rental income		$ 286,291	$ 311,352	$ 580,030	$ 625,323
Direct financing lease income		403	535	836	1,104
Operating expense reimbursements		21,551	26,646	48,277	49,893
Cole Capital revenue		28,685	32,486	55,816	63,719
Total revenues		336,930	371,019	684,959	740,039
Operating expenses:
Cole Capital reallowed fees and commissions		2,874	6,975	5,534	15,043
Acquisition-related		756	41	1,373	283
Litigation and other non-routine costs, net of insurance recoveries		14,411	2,917	27,286	(2,258)
Property operating		31,627	38,199	65,643	73,012
General and administrative		29,411	33,094	58,559	62,494
Depreciation and amortization		184,288	197,345	367,440	401,653
Impairments		17,769	8,825	24,494	169,342
Total operating expenses		281,136	287,396	550,329	719,569
Operating income		55,794	83,623	134,630	20,470
Other (expense) income:
Interest expense		(73,621)	(82,468)	(147,364)	(162,894)
Gain on extinguishment and forgiveness of debt, net		9,005	252	8,935	252
Other income, net		1,835	1,216	2,633	2,278
Equity in income and gain on disposition of unconsolidated entities		513	70	431	10,474
Gain (loss) on derivative instruments, net		592	(177)	1,416	(1,263)
Total other expenses, net		(61,676)	(81,107)	(133,949)	(151,153)
(Loss) income before taxes and real estate dispositions		(5,882)	2,516	681	(130,683)
Gain on disposition of real estate and held for sale assets, net		42,639	437	55,120	17,612
Income (loss) before taxes		36,757	2,953	55,801	(113,071)
(Provision for) benefit from income taxes		(2,571)	280	(6,825)	224
Net income (loss)		34,186	3,233	48,976	(112,847)
Net (income) loss attributable to non-controlling interests	[2]	14	(4)	21	35
Net income (loss) attributable to the General Partner / OP		$ 34,200	$ 3,229	$ 48,997	$ (112,812)
Basic and diluted net income (loss) per unit attributable to common unitholders (in dollars per share)		$ 0.02	$ (0.02)	$ 0.01	$ (0.16)
Distributions declared per common share / unit (in dollars per share)		$ 0.14	$ 0.14	$ 0.28	$ 0.28

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

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