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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Real estate investments, at cost:    
Land $ 2,715,625 $ 2,738,679
Buildings, fixtures and improvements 10,135,933 10,200,550
Intangible lease assets 1,899,900 1,904,641
Total real estate investments, at cost 14,751,458 14,843,870
Less: accumulated depreciation and amortization 3,659,980 3,594,247
Total real estate investments, net 11,091,478 11,249,623
Operating lease right-of-use assets 211,187 215,227
Investment in unconsolidated entities 78,718 68,825
Cash and cash equivalents 600,945 12,921
Restricted cash 18,720 20,959
Rent and tenant receivables and other assets, net 345,103 348,395
Goodwill 1,337,773 1,337,773
Real estate assets held for sale, net 88,513 26,957
Total assets 13,772,437 13,280,680
LIABILITIES AND EQUITY    
Mortgage notes payable, net 1,405,701 1,528,134
Corporate bonds, net 2,814,474 2,813,739
Convertible debt, net 319,120 318,183
Credit facility, net 1,767,306 1,045,669
Below-market lease liabilities, net 134,410 143,583
Accounts payable and accrued expenses 125,358 126,320
Derivative, deferred rent and other liabilities 146,893 90,349
Distributions payable 150,493 150,364
Operating lease liabilities 217,567 221,061
Total liabilities 7,081,322 6,437,402
Commitments and contingencies (Note 10)
Preferred stock, $0.01 par value, 100,000,000 shares authorized and 30,871,246 issued and outstanding as of each of March 31, 2020 and December 31, 2019, respectively 309 309
Common stock, $0.01 par value, 1,500,000,000 shares authorized and 1,077,781,479 and 1,076,845,984 issued and outstanding as of March 31, 2020 and December 31, 2019, respectively 10,778 10,768
Additional paid-in capital 13,252,447 13,251,962
Accumulated other comprehensive loss (104,217) (27,670)
Accumulated deficit (6,475,568) (6,399,626)
Total stockholders’ equity 6,683,749 6,835,743
Non-controlling interests 7,366 7,535
Total equity 6,691,115 6,843,278
Total liabilities and equity 13,772,437 13,280,680
VEREIT Operating Partnership, L.P. [Member]    
Real estate investments, at cost:    
Land 2,715,625 2,738,679
Buildings, fixtures and improvements 10,135,933 10,200,550
Intangible lease assets 1,899,900 1,904,641
Total real estate investments, at cost 14,751,458 14,843,870
Less: accumulated depreciation and amortization 3,659,980 3,594,247
Total real estate investments, net 11,091,478 11,249,623
Operating lease right-of-use assets 211,187 215,227
Investment in unconsolidated entities 78,718 68,825
Cash and cash equivalents 600,945 12,921
Restricted cash 18,720 20,959
Rent and tenant receivables and other assets, net 345,103 348,395
Goodwill 1,337,773 1,337,773
Real estate assets held for sale, net 88,513 26,957
Total assets 13,772,437 13,280,680
LIABILITIES AND EQUITY    
Mortgage notes payable, net 1,405,701 1,528,134
Corporate bonds, net 2,814,474 2,813,739
Convertible debt, net 319,120 318,183
Credit facility, net 1,767,306 1,045,669
Below-market lease liabilities, net 134,410 143,583
Accounts payable and accrued expenses 125,358 126,320
Derivative, deferred rent and other liabilities 146,893 90,349
Distributions payable 150,493 150,364
Operating lease liabilities 217,567 221,061
Total liabilities 7,081,322 6,437,402
Commitments and contingencies (Note 10)
Total partners’ equity 6,689,889 6,842,045
Non-controlling interests 1,226 1,233
Total equity 6,691,115 6,843,278
Total liabilities and equity 13,772,437 13,280,680
VEREIT Operating Partnership, L.P. [Member] | Preferred Units [Member]    
LIABILITIES AND EQUITY    
General Partners' capital account 447,549 460,504
Limited Partners' capital account 1,850 1,869
VEREIT Operating Partnership, L.P. [Member] | Common Stock [Member]    
LIABILITIES AND EQUITY    
General Partners' capital account 6,236,200 6,375,239
Limited Partners' capital account $ 4,290 $ 4,433