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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net income $ 32,537 $ 14,790
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 172,458 189,880
Gain on real estate assets and joint venture, net (18,036) (12,481)
Impairments 6,036 6,725
Equity-based compensation 2,927 3,111
Equity in (income) loss of unconsolidated entities (364) 82
Distributions from unconsolidated entities 936 443
Gain on investments (5,638) 0
Gain on derivative instruments, net (273) (824)
Loss on extinguishment and forgiveness of debt, net 0 70
Changes in assets and liabilities:    
Investment in direct financing leases 538 621
Rent and tenant receivables and other assets, net (23,344) (17,191)
Assets held for sale classified as discontinued operations (2,490) 0
Accounts payable and accrued expenses (7,653) (3,269)
Deferred rent, derivative and other liabilities 6,158 1,935
Due to affiliates (66) (9)
Liabilities related to discontinued operations (13,861) 0
Net cash provided by operating activities 149,865 183,883
Cash flows from investing activities:    
Investments in real estate assets (139,882) (101,914)
Capital expenditures and leasing costs (4,993) (6,960)
Real estate developments (1,899) (5,615)
Principal repayments received on investment securities and mortgage notes receivable 4,615 3,672
Return of investment from unconsolidated entities 386 408
Proceeds from disposition of real estate and joint venture 122,526 195,730
Proceeds from disposition of discontinued operations 123,925 0
Investment in leasehold improvements and other assets (85) (99)
Deposits for real estate assets (4,000) (13,532)
Proceeds from sale of investments and other assets 1,351 0
Uses and refunds of deposits for real estate assets 5,120 7,717
Proceeds from the settlement of property-related insurance claims 269 44
Line of credit advances to Cole REITs (2,200) 0
Line of credit repayments from Cole REITs 3,800 2,550
Net cash provided by investing activities 108,933 82,001
Cash flows from financing activities:    
Proceeds from mortgage notes payable 89 2,403
Payments on mortgage notes payable and other debt, including debt extinguishment costs (2,676) (84,261)
Proceeds from credit facility 380,000 0
Payments on credit facility (445,000) 0
Payments of deferred financing costs 0 (3)
Repurchases of common stock under the Share Repurchase Program (44,585) 0
Repurchases of common stock to settle tax obligations (1,659) (976)
Distributions paid (152,519) (152,219)
Net cash used in financing activities (266,350) (235,056)
Net change in cash and cash equivalents and restricted cash (7,552) 30,828
Cash and cash equivalents and restricted cash, beginning of period 64,036 301,470
Less: cash and cash equivalents of discontinued operations (2,198) (2,973)
Cash and cash equivalents and restricted cash from continuing operations, beginning of period 61,838 298,497
Cash and cash equivalents at beginning of period 34,176 253,479
Restricted cash at beginning of period 27,662 45,018
Cash and cash equivalents, and restricted cash, end of period 56,484 332,298
Less: cash and cash equivalents of discontinued operations 0 (2,023)
Cash and cash equivalents at end of period 28,435 283,563
Restricted cash at end of period 28,049 46,712
Cash and cash equivalents and restricted cash from continuing operations, end of period 56,484 330,275
VEREIT Operating Partnership, L.P. [Member]    
Cash flows from operating activities:    
Net income 32,537 14,790
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 172,458 189,880
Gain on real estate assets and joint venture, net (18,036) (12,481)
Impairments 6,036 6,725
Equity-based compensation 2,927 3,111
Equity in (income) loss of unconsolidated entities (364) 82
Distributions from unconsolidated entities 936 443
Gain on investments (5,638) 0
Gain on derivative instruments, net (273) (824)
Loss on extinguishment and forgiveness of debt, net 0 70
Changes in assets and liabilities:    
Investment in direct financing leases 538 621
Rent and tenant receivables and other assets, net (23,344) (17,191)
Assets held for sale classified as discontinued operations (2,490) 0
Accounts payable and accrued expenses (7,653) (3,269)
Deferred rent, derivative and other liabilities 6,158 1,935
Due to affiliates (66) (9)
Liabilities related to discontinued operations (13,861) 0
Net cash provided by operating activities 149,865 183,883
Cash flows from investing activities:    
Investments in real estate assets (139,882) (101,914)
Capital expenditures and leasing costs (4,993) (6,960)
Real estate developments (1,899) (5,615)
Principal repayments received on investment securities and mortgage notes receivable 4,615 3,672
Return of investment from unconsolidated entities 386 408
Proceeds from disposition of real estate and joint venture 122,526 195,730
Proceeds from disposition of discontinued operations 123,925 0
Investment in leasehold improvements and other assets (85) (99)
Deposits for real estate assets (4,000) (13,532)
Proceeds from sale of investments and other assets 1,351 0
Uses and refunds of deposits for real estate assets 5,120 7,717
Proceeds from the settlement of property-related insurance claims 269 44
Line of credit advances to Cole REITs (2,200) 0
Line of credit repayments from Cole REITs 3,800 2,550
Net cash provided by investing activities 108,933 82,001
Cash flows from financing activities:    
Proceeds from mortgage notes payable 89 2,403
Payments on mortgage notes payable and other debt, including debt extinguishment costs (2,676) (84,261)
Proceeds from credit facility 380,000 0
Payments on credit facility (445,000) 0
Payments of deferred financing costs 0 (3)
Repurchases of common stock under the Share Repurchase Program (44,585) 0
Repurchases of common stock to settle tax obligations (1,659) (976)
Distributions paid (152,519) (152,219)
Net cash used in financing activities (266,350) (235,056)
Net change in cash and cash equivalents and restricted cash (7,552) 30,828
Cash and cash equivalents and restricted cash, beginning of period 64,036 301,470
Less: cash and cash equivalents of discontinued operations (2,198) (2,973)
Cash and cash equivalents and restricted cash from continuing operations, beginning of period 61,838 298,497
Cash and cash equivalents at beginning of period 34,176 253,479
Restricted cash at beginning of period 27,662 45,018
Cash and cash equivalents, and restricted cash, end of period 56,484 332,298
Less: cash and cash equivalents of discontinued operations 0 (2,023)
Cash and cash equivalents at end of period 28,435 283,563
Restricted cash at end of period 28,049 46,712
Cash and cash equivalents and restricted cash from continuing operations, end of period $ 56,484 $ 330,275