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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - OP - USD ($)
$ in Thousands
Total
VEREIT Operating Partnership, L.P. [Member]
VEREIT Operating Partnership, L.P. [Member]
Total Partners' Capital [Member]
VEREIT Operating Partnership, L.P. [Member]
Preferred Units [Member]
General Partner [Member]
VEREIT Operating Partnership, L.P. [Member]
Preferred Units [Member]
Limited Partner [Member]
VEREIT Operating Partnership, L.P. [Member]
Common Units [Member]
General Partner [Member]
VEREIT Operating Partnership, L.P. [Member]
Common Units [Member]
Limited Partner [Member]
VEREIT Operating Partnership, L.P. [Member]
Non-Controlling Interests [Member]
Beginning balance (shares) at Dec. 31, 2017       42,834,138 86,874 974,208,583 23,748,347  
Beginning balance at Dec. 31, 2017   $ 8,042,876 $ 8,041,571 $ 782,073 $ 3,027 $ 7,102,205 $ 154,266 $ 1,305
Increase (Decrease) in Partners' Capital [Roll Forward]                
Repurchases of Common Stock under Share Repurchase Programs (shares)           (6,399,666)    
Repurchases of Common Stock under share repurchase programs $ (44,585) (44,585) (44,585)     $ (44,585)    
Repurchases of Common OP Units to settle tax obligation (shares)           (230,436)    
Repurchases of common OP Units to settle tax obligation (1,660) (1,660) (1,660)     $ (1,660)    
Equity-based compensation, net forfeitures (shares)           576,005    
Equity-based compensation, net   2,932 2,932     $ 2,932    
Distributions to common OP Units and non-controlling interests —$0.1375 per common unit (3,264) (136,368) (136,368)     (133,104) (3,264)  
Dividend equivalents on awards granted under the Equity Plan (522) (522) (522)     (522)    
Distributions to Preferred OP Units   (17,973) (17,973) $ (17,937) $ (36)      
Net income (loss) 32,537 32,537 32,577     31,795 782 (40)
Other comprehensive loss (732) (732) (732)     $ (715) $ (17)  
Ending balance (shares) at Mar. 31, 2018       42,834,138 86,874 968,154,486 23,748,347  
Ending balance at Mar. 31, 2018   7,876,505 7,875,240 $ 764,136 $ 2,991 $ 6,956,346 $ 151,767 1,265
Beginning balance (shares) at Dec. 31, 2017       42,834,138 86,874 974,208,583 23,748,347  
Beginning balance at Dec. 31, 2017   8,042,876 8,041,571 $ 782,073 $ 3,027 $ 7,102,205 $ 154,266 1,305
Increase (Decrease) in Partners' Capital [Roll Forward]                
Distributions payable relinquished 0              
Surrender of Limited Partner OP Units 0 0            
Net income (loss) (41,930) (41,930)            
Other comprehensive loss (738) (738)            
Ending balance (shares) at Jun. 30, 2018       42,834,138 86,874 967,493,795 23,715,908  
Ending balance at Jun. 30, 2018   7,645,404 7,644,155 $ 746,199 $ 2,955 $ 6,748,518 $ 146,483 1,249
Beginning balance (shares) at Mar. 31, 2018       42,834,138 86,874 968,154,486 23,748,347  
Beginning balance at Mar. 31, 2018   7,876,505 7,875,240 $ 764,136 $ 2,991 $ 6,956,346 $ 151,767 1,265
Increase (Decrease) in Partners' Capital [Roll Forward]                
Conversion of Limited Partners' Common OP Units to General Partner's Common OP Units (shares)           32,439 (32,439)  
Conversion of Limited Partners' Common OP Units to General Partner's Common OP Units           $ 241 $ (241)  
Conversion of Limited Partners' Common OP Units to General Partner's Common OP Units 0              
Repurchases of Common Stock under Share Repurchase Programs (shares)           (807,210)    
Repurchases of Common Stock under share repurchase programs (5,569) (5,569) (5,569)     $ (5,569)    
Repurchases of Common OP Units to settle tax obligation (shares)           (69,931)    
Repurchases of common OP Units to settle tax obligation (488) (488) (488)     $ (488)    
Equity-based compensation, net forfeitures (shares)           184,011    
Equity-based compensation, net   3,948 3,948     $ 3,948    
Distributions to common OP Units and non-controlling interests —$0.1375 per common unit (3,262) (136,272) (136,272)     (133,010) (3,262)  
Dividend equivalents on awards granted under the Equity Plan (274) (274) (274)     (274)    
Distributions to Preferred OP Units   (17,973) (17,973) $ (17,937) $ (36)      
Net income (loss) (74,467) (74,467) (74,451)     (72,670) (1,781) (16)
Other comprehensive loss (6) (6) (6)     $ (6) $ 0  
Ending balance (shares) at Jun. 30, 2018       42,834,138 86,874 967,493,795 23,715,908  
Ending balance at Jun. 30, 2018   7,645,404 7,644,155 $ 746,199 $ 2,955 $ 6,748,518 $ 146,483 1,249
Beginning balance (shares) at Dec. 31, 2018       42,834,138 86,874 967,515,165 23,715,908  
Beginning balance at Dec. 31, 2018   7,300,144 7,298,873 $ 710,325 $ 2,883 $ 6,446,734 $ 138,931 1,271
Increase (Decrease) in Partners' Capital [Roll Forward]                
Issuance of common OP Units (shares)           3,309,808    
Repurchases of common OP Units under share repurchase programs 27,544 27,544 27,544     $ 27,544    
Conversion of Limited Partners' Common OP Units to General Partner's Common OP Units 0         $ (26) 26  
Conversion of Limited Partner Series F Preferred Units to Series F Preferred Stock (shares)       37,108 (37,108)      
Conversion of Limited Partner Series F Preferred Units to Series F Preferred Stock 0     $ 923 $ (923)      
Repurchases of Common OP Units to settle tax obligation (shares)           (199,083)    
Repurchases of common OP Units to settle tax obligation (1,595) (1,595) (1,595)     $ (1,595)    
Equity-based compensation, net forfeitures (shares)           950,487    
Equity-based compensation, net   2,872 2,872     $ 2,872    
Contributions from non-controlling interest holders 64 64           64
Distributions to common OP Units and non-controlling interests —$0.1375 per common unit (3,262) (136,742) (136,742)     (133,480) (3,262)  
Dividend equivalents on awards granted under the Equity Plan (1,222) (1,222) (1,222)     (1,222)    
Distributions to Preferred OP Units   (17,973) (17,973) $ (17,940) $ (33)      
Net income (loss) 70,971 70,971 70,999     69,304 1,695 (28)
Other comprehensive loss (11,189) (11,189) (11,189)     $ (10,922) $ (267)  
Ending balance (shares) at Mar. 31, 2019       42,871,246 49,766 971,576,377 23,715,908  
Ending balance at Mar. 31, 2019   7,232,874 7,231,567 $ 693,308 $ 1,927 $ 6,399,209 $ 137,123 1,307
Beginning balance (shares) at Dec. 31, 2018       42,834,138 86,874 967,515,165 23,715,908  
Beginning balance at Dec. 31, 2018   7,300,144 7,298,873 $ 710,325 $ 2,883 $ 6,446,734 $ 138,931 1,271
Increase (Decrease) in Partners' Capital [Roll Forward]                
Distributions payable relinquished 6,429              
Surrender of Limited Partner OP Units 26,536 26,536            
Net income (loss) 363,255 363,255            
Other comprehensive loss (27,398) (27,398)            
Ending balance (shares) at Jun. 30, 2019       42,871,246 49,766 973,385,899 20,793,463  
Ending balance at Jun. 30, 2019   7,352,127 7,350,850 $ 675,350 $ 1,912 $ 6,545,046 $ 128,542 1,277
Beginning balance (shares) at Mar. 31, 2019       42,871,246 49,766 971,576,377 23,715,908  
Beginning balance at Mar. 31, 2019   7,232,874 7,231,567 $ 693,308 $ 1,927 $ 6,399,209 $ 137,123 1,307
Increase (Decrease) in Partners' Capital [Roll Forward]                
Issuance of common OP Units (shares)           1,773,456    
Repurchases of common OP Units under share repurchase programs 14,534 14,534 14,534     $ 14,534    
Repurchases of Common OP Units to settle tax obligation (shares)           0    
Repurchases of common OP Units to settle tax obligation (9) (9) (9)     $ (9)    
Equity-based compensation, net forfeitures (shares)           36,066    
Equity-based compensation, net   3,883 3,883     $ 3,883    
Distributions to common OP Units and non-controlling interests —$0.1375 per common unit (3,264) (137,105) (137,105)     (133,841) (3,264)  
Dividend equivalents on awards granted under the Equity Plan (44) (44) (44)     (44)    
Distributions to Preferred OP Units   (17,973) (17,973) $ (17,958) $ (15)      
Distributions payable relinquished 6,429 6,429 6,429       6,429  
Surrender of Limited Partner OP Units $ (26,537) (26,537) (26,537)     (8,520) $ (18,017)  
Partnership units, surrendered (in shares) (2,900,000)           (2,922,445)  
Net income (loss) $ 292,284 292,284 292,314     285,658 $ 6,656 (30)
Other comprehensive loss $ (16,209) (16,209) (16,209)     $ (15,824) $ (385)  
Ending balance (shares) at Jun. 30, 2019       42,871,246 49,766 973,385,899 20,793,463  
Ending balance at Jun. 30, 2019   $ 7,352,127 $ 7,350,850 $ 675,350 $ 1,912 $ 6,545,046 $ 128,542 $ 1,277