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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Rental revenue $ 1,257,867 $ 1,252,285 $ 1,335,447
Operating expenses:      
Acquisition-related 3,632 3,402 1,321
Litigation, merger and other non-routine costs, net of insurance recoveries 290,963 47,960 3,884
Property operating 126,461 128,717 144,428
General and administrative 63,933 58,603 51,927
Depreciation and amortization 640,618 706,802 762,038
Impairments 54,647 50,548 182,820
Total operating expenses 1,180,254 996,032 1,146,418
Other (expense) income:      
Interest expense (280,887) (289,766) (317,376)
Gain (loss) on extinguishment and forgiveness of debt, net 5,360 18,373 (771)
Other income, net 14,735 6,242 5,251
Equity in income and gain on disposition of unconsolidated entities 1,869 2,763 9,783
Gain (loss) on derivative instruments, net 355 2,976 (1,191)
Gain on disposition of real estate and real estate assets held for sale, net 94,331 61,536 45,524
Total other expenses, net (164,237) (197,876) (258,780)
(Loss) income before taxes (86,624) 58,377 (69,751)
Provision for income taxes (5,101) (6,882) (7,136)
(Loss) income from continuing operations (91,725) 51,495 (76,887)
Income (loss) from discontinued operations, net of income taxes 3,695 (19,117) (123,937)
Net (loss) income (88,030) 32,378 (200,824)
Net loss (income) attributable to non-controlling interests 2,256 [1] (560) [1] 4,961 [2]
Net (loss) income attributable to the General Partner / OP $ (85,774) $ 31,818 $ (195,863)
Basic and diluted net loss per share from continuing operations attributable to common stockholders (in dollars per share) $ (0.17) $ (0.02) $ (0.16)
Basic and diluted net income (loss) per share from discontinued operations attributable to common stockholders (in dollars per share) 0.00 (0.02) (0.13)
Basic and diluted net income (loss) per share attributable to common stockholders (in dollars per share) [3] $ (0.16) $ (0.04) $ (0.29)
VEREIT Operating Partnership, L.P. [Member]      
Rental revenue $ 1,257,867 $ 1,252,285 $ 1,335,447
Operating expenses:      
Acquisition-related 3,632 3,402 1,321
Litigation, merger and other non-routine costs, net of insurance recoveries 290,963 47,960 3,884
Property operating 126,461 128,717 144,428
General and administrative 63,933 58,603 51,927
Depreciation and amortization 640,618 706,802 762,038
Impairments 54,647 50,548 182,820
Total operating expenses 1,180,254 996,032 1,146,418
Other (expense) income:      
Interest expense (280,887) (289,766) (317,376)
Gain (loss) on extinguishment and forgiveness of debt, net 5,360 18,373 (771)
Other income, net 14,735 6,242 5,251
Equity in income and gain on disposition of unconsolidated entities 1,869 2,763 9,783
Gain (loss) on derivative instruments, net 355 2,976 (1,191)
Gain on disposition of real estate and real estate assets held for sale, net 94,331 61,536 45,524
Total other expenses, net (164,237) (197,876) (258,780)
(Loss) income before taxes (86,624) 58,377 (69,751)
Provision for income taxes (5,101) (6,882) (7,136)
(Loss) income from continuing operations (91,725) 51,495 (76,887)
Income (loss) from discontinued operations, net of income taxes 3,695 (19,117) (123,937)
Net (loss) income (88,030) 32,378 (200,824)
Net loss (income) attributable to non-controlling interests 154 194 14
Net (loss) income attributable to the General Partner / OP $ (87,876) $ 32,572 $ (200,810)
Basic and diluted net loss per unit from continuing operations attributable to common unitholders (in dollars per share) $ (0.17) $ (0.02) $ (0.16)
Basic and diluted net income (loss) per unit from discontinued operations attributable to common unitholders (in dollars per share) 0.00 (0.02) (0.13)
Basic and diluted net loss per unit attributable to common unitholders (in dollars per share) [4] $ (0.16) $ (0.04) $ (0.29)
[1] Represents net loss (income) attributable to limited partners and consolidated joint venture partners.
[2] Represents net loss attributable to consolidated joint venture partners.
[3] Amounts may not total due to rounding.
[4] Amounts may not total due to rounding.