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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Real estate investments, at cost:    
Land $ 2,728,560 $ 2,843,212
Buildings, fixtures and improvements 10,287,047 10,749,228
Intangible lease assets 1,909,932 2,012,399
Total real estate investments, at cost 14,925,539 15,604,839
Less: accumulated depreciation and amortization 3,559,403 3,436,772
Total real estate investments, net 11,366,136 12,168,067
Operating lease right-of-use assets 218,393 0
Investment in unconsolidated entities 69,025 35,289
Cash and cash equivalents 1,029,315 30,758
Restricted cash 20,742 22,905
Rent and tenant receivables and other assets, net 347,455 366,092
Goodwill 1,337,773 1,337,773
Real estate assets held for sale, net 66,684 2,609
Total assets 14,455,523 13,963,493
LIABILITIES AND EQUITY    
Mortgage notes payable, net 1,717,817 1,922,657
Corporate bonds, net 2,622,320 3,368,609
Convertible debt, net 397,726 394,883
Credit facility, net 895,351 401,773
Below-market lease liabilities, net 147,997 173,479
Accounts payable and accrued expenses 1,125,703 145,611
Deferred rent and other liabilities 101,828 69,714
Distributions payable 201,451 186,623
Operating lease liabilities 223,288 0
Total liabilities 7,433,481 6,663,349
Commitments and contingencies (Note 10)
Preferred stock, $0.01 par value, 100,000,000 shares authorized and 38,871,246 and 42,834,138 issued and outstanding as of September 30, 2019 and December 31, 2018, respectively 389 428
Common stock, $0.01 par value, 1,500,000,000 shares authorized and 1,067,688,887 and 967,515,165 issued and outstanding as of September 30, 2019 and December 31, 2018, respectively 10,677 9,675
Additional paid-in capital 13,360,675 12,615,472
Accumulated other comprehensive loss (47,886) (1,280)
Accumulated deficit (6,306,590) (5,467,236)
Total stockholders’ equity 7,017,265 7,157,059
Non-controlling interests 4,777 143,085
Total equity 7,022,042 7,300,144
Total liabilities and equity 14,455,523 13,963,493
VEREIT Operating Partnership, L.P. [Member]    
Real estate investments, at cost:    
Land 2,728,560 2,843,212
Buildings, fixtures and improvements 10,287,047 10,749,228
Intangible lease assets 1,909,932 2,012,399
Total real estate investments, at cost 14,925,539 15,604,839
Less: accumulated depreciation and amortization 3,559,403 3,436,772
Total real estate investments, net 11,366,136 12,168,067
Operating lease right-of-use assets 218,393 0
Investment in unconsolidated entities 69,025 35,289
Cash and cash equivalents 1,029,315 30,758
Restricted cash 20,742 22,905
Rent and tenant receivables and other assets, net 347,455 366,092
Goodwill 1,337,773 1,337,773
Real estate assets held for sale, net 66,684 2,609
Total assets 14,455,523 13,963,493
LIABILITIES AND EQUITY    
Mortgage notes payable, net 1,717,817 1,922,657
Corporate bonds, net 2,622,320 3,368,609
Convertible debt, net 397,726 394,883
Credit facility, net 895,351 401,773
Below-market lease liabilities, net 147,997 173,479
Accounts payable and accrued expenses 1,125,703 145,611
Deferred rent and other liabilities 101,828 69,714
Distributions payable 201,451 186,623
Operating lease liabilities 223,288 0
Total liabilities 7,433,481 6,663,349
Commitments and contingencies (Note 10)
Total partners’ equity 7,020,790 7,298,873
Non-controlling interests 1,252 1,271
Total equity 7,022,042 7,300,144
Total liabilities and equity 14,455,523 13,963,493
VEREIT Operating Partnership, L.P. [Member] | Preferred Units [Member]    
LIABILITIES AND EQUITY    
General Partners' capital account 595,781 710,325
Limited Partners' capital account 1,891 2,883
VEREIT Operating Partnership, L.P. [Member] | Common Stock [Member]    
LIABILITIES AND EQUITY    
General Partners' capital account 6,421,484 6,446,734
Limited Partners' capital account $ 1,634 $ 138,931