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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Real estate investments, at cost:    
Land $ 2,738,679 $ 2,843,212
Buildings, fixtures and improvements 10,200,550 10,749,228
Intangible lease assets 1,904,641 2,012,399
Total real estate investments, at cost 14,843,870 15,604,839
Less: accumulated depreciation and amortization 3,594,247 3,436,772
Total real estate investments, net 11,249,623 12,168,067
Operating lease right-of-use assets 215,227 0
Investment in unconsolidated entities 68,825 35,289
Cash and cash equivalents 12,921 30,758
Restricted cash 20,959 22,905
Rent and tenant receivables and other assets, net 348,395 366,092
Goodwill 1,337,773 1,337,773
Real estate assets held for sale, net 26,957 2,609
Total assets 13,280,680 13,963,493
LIABILITIES AND EQUITY    
Mortgage notes payable, net 1,528,134 1,922,657
Corporate bonds, net 2,813,739 3,368,609
Convertible debt, net 318,183 394,883
Credit facility, net 1,045,669 401,773
Below-market lease liabilities, net 143,583 173,479
Accounts payable and accrued expenses 126,320 145,611
Deferred rent and other liabilities 90,349 69,714
Distributions payable 150,364 186,623
Operating lease liabilities 221,061 0
Total liabilities 6,437,402 6,663,349
Commitments and contingencies (Note 10)
Preferred stock, $0.01 par value, 100,000,000 shares authorized and 30,871,246 and 42,834,138 issued and outstanding as of December 31, 2019 and December 31, 2018, respectively 309 428
Common stock, $0.01 par value, 1,500,000,000 shares authorized and 1,076,845,984 and 967,515,165 issued and outstanding as of December 31, 2019 and December 31, 2018, respectively 10,768 9,675
Additional paid-in capital 13,251,962 12,615,472
Accumulated other comprehensive loss (27,670) (1,280)
Accumulated deficit (6,399,626) (5,467,236)
Total stockholders’ equity 6,835,743 7,157,059
Non-controlling interests 7,535 143,085
Total equity 6,843,278 7,300,144
Total liabilities and equity 13,280,680 13,963,493
VEREIT Operating Partnership, L.P. [Member]    
Real estate investments, at cost:    
Land 2,738,679 2,843,212
Buildings, fixtures and improvements 10,200,550 10,749,228
Intangible lease assets 1,904,641 2,012,399
Total real estate investments, at cost 14,843,870 15,604,839
Less: accumulated depreciation and amortization 3,594,247 3,436,772
Total real estate investments, net 11,249,623 12,168,067
Operating lease right-of-use assets 215,227 0
Investment in unconsolidated entities 68,825 35,289
Cash and cash equivalents 12,921 30,758
Restricted cash 20,959 22,905
Rent and tenant receivables and other assets, net 348,395 366,092
Goodwill 1,337,773 1,337,773
Real estate assets held for sale, net 26,957 2,609
Total assets 13,280,680 13,963,493
LIABILITIES AND EQUITY    
Mortgage notes payable, net 1,528,134 1,922,657
Corporate bonds, net 2,813,739 3,368,609
Convertible debt, net 318,183 394,883
Credit facility, net 1,045,669 401,773
Below-market lease liabilities, net 143,583 173,479
Accounts payable and accrued expenses 126,320 145,611
Deferred rent and other liabilities 90,349 69,714
Distributions payable 150,364 186,623
Operating lease liabilities 221,061 0
Total liabilities 6,437,402 6,663,349
Commitments and contingencies (Note 10)
Total partners’ equity 6,842,045 7,298,873
Non-controlling interests 1,233 1,271
Total equity 6,843,278 7,300,144
Total liabilities and equity 13,280,680 13,963,493
VEREIT Operating Partnership, L.P. [Member] | Preferred Units [Member]    
LIABILITIES AND EQUITY    
General Partners' capital account 460,504 710,325
Limited Partners' capital account 1,869 2,883
VEREIT Operating Partnership, L.P. [Member] | Common Stock [Member]    
LIABILITIES AND EQUITY    
General Partners' capital account 6,375,239 6,446,734
Limited Partners' capital account $ 4,433 $ 138,931