CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Revenues:
Rental income		$ 282,341	$ 303,383	$ 862,371	$ 928,706
Direct financing lease income		376	494	1,212	1,598
Operating expense reimbursements		23,826	27,969	72,103	77,862
Cole Capital revenue		27,185	31,069	83,001	94,788
Total revenues		333,728	362,915	1,018,687	1,102,954
Operating expenses:
Cole Capital reallowed fees and commissions		2,373	5,897	7,907	20,940
Acquisition-related		909	90	2,282	373
Litigation and other non-routine costs, net of insurance recoveries		9,507	4,630	36,793	2,372
Property operating		30,645	34,820	96,288	107,832
General and administrative		29,796	29,761	88,355	92,255
Depreciation and amortization		176,523	195,173	543,963	596,826
Impairments		6,363	6,872	30,857	176,214
Total operating expenses		256,116	277,243	806,445	996,812
Operating income		77,612	85,672	212,242	106,142
Other (expense) income:
Interest expense		(71,708)	(79,869)	(219,072)	(242,763)
Gain (loss) on extinguishment and forgiveness of debt, net		9,756	(2,003)	18,691	(1,751)
Other income, net		1,907	1,744	4,540	4,022
Equity in income and gain on disposition of unconsolidated entities		374	212	805	10,686
Gain (loss) on derivative instruments, net		1,294	(2,023)	2,710	(3,286)
Total other expenses, net		(58,377)	(81,939)	(192,326)	(233,092)
Income (loss) before taxes and real estate dispositions		19,235	3,733	19,916	(126,950)
(Loss) gain on disposition of real estate and held for sale assets, net		(688)	28,111	54,432	45,723
Income (loss) before taxes		18,547	31,844	74,348	(81,227)
Provision for income taxes		(2,053)	(1,598)	(8,878)	(1,374)
Net income (loss)		16,494	30,246	65,470	(82,601)
Net (income) loss attributable to non-controlling interests	[1]	(400)	(751)	(1,530)	2,156
Net income (loss) attributable to the General Partner / OP		$ 16,094	$ 29,495	$ 63,940	$ (80,445)
Basic and diluted net (loss) income per share attributable to common stockholders (in dollars per share)		$ 0.00	$ 0.01	$ 0.01	$ (0.15)
Distributions declared per common share / unit (in dollars per share)		$ 0.14	$ 0.14	$ 0.41	$ 0.41
VEREIT Operating Partnership, L.P. [Member]
Revenues:
Rental income		$ 282,341	$ 303,383	$ 862,371	$ 928,706
Direct financing lease income		376	494	1,212	1,598
Operating expense reimbursements		23,826	27,969	72,103	77,862
Cole Capital revenue		27,185	31,069	83,001	94,788
Total revenues		333,728	362,915	1,018,687	1,102,954
Operating expenses:
Cole Capital reallowed fees and commissions		2,373	5,897	7,907	20,940
Acquisition-related		909	90	2,282	373
Litigation and other non-routine costs, net of insurance recoveries		9,507	4,630	36,793	2,372
Property operating		30,645	34,820	96,288	107,832
General and administrative		29,796	29,761	88,355	92,255
Depreciation and amortization		176,523	195,173	543,963	596,826
Impairments		6,363	6,872	30,857	176,214
Total operating expenses		256,116	277,243	806,445	996,812
Operating income		77,612	85,672	212,242	106,142
Other (expense) income:
Interest expense		(71,708)	(79,869)	(219,072)	(242,763)
Gain (loss) on extinguishment and forgiveness of debt, net		9,756	(2,003)	18,691	(1,751)
Other income, net		1,907	1,744	4,540	4,022
Equity in income and gain on disposition of unconsolidated entities		374	212	805	10,686
Gain (loss) on derivative instruments, net		1,294	(2,023)	2,710	(3,286)
Total other expenses, net		(58,377)	(81,939)	(192,326)	(233,092)
Income (loss) before taxes and real estate dispositions		19,235	3,733	19,916	(126,950)
(Loss) gain on disposition of real estate and held for sale assets, net		(688)	28,111	54,432	45,723
Income (loss) before taxes		18,547	31,844	74,348	(81,227)
Provision for income taxes		(2,053)	(1,598)	(8,878)	(1,374)
Net income (loss)		16,494	30,246	65,470	(82,601)
Net (income) loss attributable to non-controlling interests	[2]	(9)	(12)	12	23
Net income (loss) attributable to the General Partner / OP		$ 16,485	$ 30,234	$ 65,482	$ (82,578)
Basic and diluted net (loss) income per unit attributable to common unitholders (in dollars per share)		$ 0.00	$ 0.01	$ 0.01	$ (0.15)
Distributions declared per common share / unit (in dollars per share)		$ 0.14	$ 0.14	$ 0.41	$ 0.41

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

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