XML 135 R102.htm IDEA: XBRL DOCUMENT v3.8.0.1
Debt - Corporate Bonds Narrative (Details) - USD ($)
12 Months Ended
Jul. 05, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Aug. 11, 2017
Jun. 02, 2016
Debt Instrument [Line Items]            
Gain (loss) on extinguishment and forgiveness of debt, net   $ 18,373,000 $ (771,000) $ 4,812,000    
Corporate Bonds [Member]            
Debt Instrument [Line Items]            
Aggregate balance outstanding   $ 2,850,000,000 2,250,000,000      
Covenant terms, maximum limitation on incurrence of total debt, percentage of total assets   65.00%        
Covenant terms, maximum limitation on incurrence of secured debt, percentage of total assets   40.00%        
Covenant terms, minimum debt service coverage ratio   1.5        
Covenant terms, minimum unencumbered asset value, percentage   150.00%        
VEREIT Operating Partnership, L.P. [Member]            
Debt Instrument [Line Items]            
Gain (loss) on extinguishment and forgiveness of debt, net   $ 18,373,000 $ (771,000) $ 4,812,000    
VEREIT Operating Partnership, L.P. [Member] | Corporate Bonds [Member]            
Debt Instrument [Line Items]            
Aggregate balance outstanding   $ 2,850,000,000        
Interest rate   4.033%        
VEREIT Operating Partnership, L.P. [Member] | Corporate Bonds [Member] | 2019 Senior Notes [Member]            
Debt Instrument [Line Items]            
Aggregate balance outstanding   $ 750,000,000        
Interest rate   3.00%        
Maximum number of days prior to maturity date   30 days        
Redemption price, percentage of principal   100.00%        
VEREIT Operating Partnership, L.P. [Member] | Corporate Bonds [Member] | 2021 Senior Notes [Member]            
Debt Instrument [Line Items]            
Aggregate balance outstanding   $ 400,000,000       $ 400,000,000
Interest rate   4.125%       4.125%
Maximum number of days prior to maturity date   30 days        
Redemption price, percentage of principal   100.00%        
VEREIT Operating Partnership, L.P. [Member] | Corporate Bonds [Member] | 2024 Senior Notes [Member]            
Debt Instrument [Line Items]            
Aggregate balance outstanding   $ 500,000,000        
Interest rate   4.60%        
Maximum number of days prior to maturity date   90 days        
Redemption price, percentage of principal   100.00%        
VEREIT Operating Partnership, L.P. [Member] | Corporate Bonds [Member] | 2026 Senior Notes [Member]            
Debt Instrument [Line Items]            
Aggregate balance outstanding   $ 600,000,000       $ 600,000,000
Interest rate   4.875%       4.875%
Maximum number of days prior to maturity date   90 days        
Redemption price, percentage of principal   100.00%        
VEREIT Operating Partnership, L.P. [Member] | Corporate Bonds [Member] | 2017 Senior Notes [Member]            
Debt Instrument [Line Items]            
Aggregate balance outstanding $ 1,300,000,000.0 $ 0        
Interest rate 2.00%          
Gain (loss) on extinguishment and forgiveness of debt, net $ 13,200,000          
VEREIT Operating Partnership, L.P. [Member] | Corporate Bonds [Member] | 2027 Senior Notes [Member]            
Debt Instrument [Line Items]            
Aggregate balance outstanding   $ 600,000,000     $ 600,000,000  
Interest rate   3.95%     3.95%  
Maximum number of days prior to maturity date   90 days        
Redemption price, percentage of principal   100.00%