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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Real estate investments, at cost:    
Land $ 2,866,305 $ 2,895,625
Buildings, fixtures and improvements 10,585,796 10,644,296
Intangible lease assets 2,027,304 2,044,521
Total real estate investments, at cost 15,479,405 15,584,442
Less: accumulated depreciation and amortization 2,784,481 2,331,643
Total real estate investments, net 12,694,924 13,252,799
Investment in unconsolidated entities 44,101 46,077
Investment in direct financing leases, net 33,402 39,455
Investment securities, at fair value 41,677 47,215
Mortgage notes receivable, net 20,510 22,764
Cash and cash equivalents 54,363 256,452
Restricted cash 27,797 45,018
Intangible assets, net 12,173 24,609
Rent and tenant receivables and other assets, net 336,938 330,705
Goodwill 1,462,585 1,462,203
Due from affiliates, net 6,638 21,349
Real estate assets held for sale, net 1,625 38,928
Total assets 14,736,733 15,587,574
LIABILITIES AND EQUITY    
Mortgage notes payable and other debt, net 2,115,633 2,671,106
Corporate bonds, net 2,820,164 2,226,224
Convertible debt, net 981,490 973,340
Credit facility, net 0 496,578
Below-market lease liabilities, net 204,051 224,023
Accounts payable and accrued expenses 152,413 146,137
Deferred rent, derivative and other liabilities 63,876 68,039
Distributions payable 172,129 162,578
Due to affiliates 8 16
Total liabilities 6,509,764 6,968,041
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 September 30, 2017 and December 31, 2016 428 428
Common stock, $0.01 par value, 1,500,000,000 shares authorized and 974,245,345 and 974,146,650 issued and outstanding as of September 30, 2017 and December 31, 2016, respectively 9,742 9,741
Additional paid-in-capital 12,648,967 12,640,171
Accumulated other comprehensive loss (3,330) (2,556)
Accumulated deficit (4,592,533) (4,200,423)
Total stockholders’ equity 8,063,274 8,447,361
Non-controlling interests 163,695 172,172
Total equity 8,226,969 8,619,533
Total liabilities and equity 14,736,733 15,587,574
VEREIT Operating Partnership, L.P. [Member]    
Real estate investments, at cost:    
Land 2,866,305 2,895,625
Buildings, fixtures and improvements 10,585,796 10,644,296
Intangible lease assets 2,027,304 2,044,521
Total real estate investments, at cost 15,479,405 15,584,442
Less: accumulated depreciation and amortization 2,784,481 2,331,643
Total real estate investments, net 12,694,924 13,252,799
Investment in unconsolidated entities 44,101 46,077
Investment in direct financing leases, net 33,402 39,455
Investment securities, at fair value 41,677 47,215
Mortgage notes receivable, net 20,510 22,764
Cash and cash equivalents 54,363 256,452
Restricted cash 27,797 45,018
Intangible assets, net 12,173 24,609
Rent and tenant receivables and other assets, net 336,938 330,705
Goodwill 1,462,585 1,462,203
Due from affiliates, net 6,638 21,349
Real estate assets held for sale, net 1,625 38,928
Total assets 14,736,733 15,587,574
LIABILITIES AND EQUITY    
Mortgage notes payable and other debt, net 2,115,633 2,671,106
Corporate bonds, net 2,820,164 2,226,224
Convertible debt, net 981,490 973,340
Credit facility, net 0 496,578
Below-market lease liabilities, net 204,051 224,023
Accounts payable and accrued expenses 152,413 146,137
Deferred rent, derivative and other liabilities 63,876 68,039
Distributions payable 172,129 162,578
Due to affiliates 8 16
Total liabilities 6,509,764 6,968,041
Commitments and contingencies
EQUITY    
Total partners’ equity 8,224,663 8,617,130
Non-controlling interests 2,306 2,403
Total equity 8,226,969 8,619,533
Total liabilities and equity 14,736,733 15,587,574
VEREIT Operating Partnership, L.P. [Member] | Preferred Units [Member]    
EQUITY    
General Partners' capital account 800,010 853,821
Limited Partners' capital account 3,063 3,171
VEREIT Operating Partnership, L.P. [Member] | Common Stock [Member]    
EQUITY    
General Partners' capital account 7,263,264 7,593,540
Limited Partners' capital account $ 158,326 $ 166,598