XML 102 R81.htm IDEA: XBRL DOCUMENT v3.8.0.1
Debt - Credit Facility (Details)
3 Months Ended
Mar. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Line of Credit Facility [Line Items]    
Outstanding balance $ 6,008,494,000 $ 6,073,444,000
Credit Facility [Member]    
Line of Credit Facility [Line Items]    
Maximum borrowing capacity 2,300,000,000  
Outstanding balance 120,000,000 $ 185,000,000
Maximum aggregate amount outstanding at any one time $ 25,000,000  
Length of extension option 1 year  
Maximum leverage ratio (less than or equal to) 60.00%  
Minimum fixed charge coverage ratio (of at least) 1.5  
Secured leverage ratio (less than or equal to) 45.00%  
Unencumbered asset value ratio (less than or equal to) 60.00%  
Minimum tangible net worth covenant (of at least) $ 5,500,000,000.0  
Minimum unencumbered interest coverage ratio (of at least) 1.75  
Minimum unencumbered asset value (of at least) $ 8,000,000,000.0  
Credit Facility [Member] | Revolving Credit Facility [Member] | LIBOR [Member] | Minimum [Member]    
Line of Credit Facility [Line Items]    
Basis spread on variable rate 1.00%  
Credit Facility [Member] | Revolving Credit Facility [Member] | LIBOR [Member] | Maximum [Member]    
Line of Credit Facility [Line Items]    
Basis spread on variable rate 1.80%  
Credit Facility [Member] | Revolving Credit Facility [Member] | Base Rate [Member] | Minimum [Member]    
Line of Credit Facility [Line Items]    
Basis spread on variable rate 0.00%  
Credit Facility [Member] | Revolving Credit Facility [Member] | Base Rate [Member] | Maximum [Member]    
Line of Credit Facility [Line Items]    
Basis spread on variable rate 0.80%  
Credit Facility [Member] | Revolving Credit Facility [Member] | Federal Funds Rate [Member]    
Line of Credit Facility [Line Items]    
Basis spread on variable rate 0.50%  
Credit Facility [Member] | Loans Payable [Member] | LIBOR [Member] | Minimum [Member]    
Line of Credit Facility [Line Items]    
Basis spread on variable rate 1.15%  
Credit Facility [Member] | Loans Payable [Member] | LIBOR [Member] | Maximum [Member]    
Line of Credit Facility [Line Items]    
Basis spread on variable rate 2.05%  
Credit Facility [Member] | Loans Payable [Member] | Base Rate [Member] | Minimum [Member]    
Line of Credit Facility [Line Items]    
Basis spread on variable rate 0.15%  
Credit Facility [Member] | Loans Payable [Member] | Base Rate [Member] | Maximum [Member]    
Line of Credit Facility [Line Items]    
Basis spread on variable rate 1.05%  
Credit Facility [Member] | Unencumbered Asset [Member] | Tranche One [Member]    
Line of Credit Facility [Line Items]    
Unencumbered Asset Value ratio 30.00%  
Credit Facility [Member] | VEREIT Operating Partnership, L.P. [Member] | Minimum [Member]    
Line of Credit Facility [Line Items]    
Commitment fee percentage 0.15%  
Credit Facility [Member] | VEREIT Operating Partnership, L.P. [Member] | Maximum [Member]    
Line of Credit Facility [Line Items]    
Commitment fee percentage 0.25%