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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]
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 Stock [Member]
General Partner [Member]
VEREIT Operating Partnership, L.P. [Member]
Common Stock [Member]
Limited Partner [Member]
VEREIT Operating Partnership, L.P. [Member]
Total Partners' Capital [Member]
VEREIT Operating Partnership, L.P. [Member]
Noncontrolling Interest [Member]
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 $ 710,325 $ 2,883 $ 6,446,734 $ 138,931 $ 7,298,873 $ 1,271
Increase (Decrease) in Partners' Capital [Roll Forward]                
Issuance of common OP Units (shares)         3,309,808      
Issuance of common OP Units, net $ 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 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 (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)     (133,480) (3,262) (136,742)  
Dividend equivalents on awards granted under the Equity Plan (1,222) (1,222)     (1,222)   (1,222)  
Distributions to Series F Preferred Units (17,973) (17,973) $ (17,940) $ (33)     (17,973)  
Net income (loss) 70,971 70,971     69,304 1,695 70,999 (28)
Other comprehensive loss (11,189) (11,189)     $ (10,922) $ (267) (11,189)  
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 $ 693,308 $ 1,927 $ 6,399,209 $ 137,123 7,231,567 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 $ 710,325 $ 2,883 $ 6,446,734 $ 138,931 7,298,873 1,271
Increase (Decrease) in Partners' Capital [Roll Forward]                
Distributions payable relinquished 6,429              
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 $ 675,350 $ 1,912 $ 6,545,046 $ 128,542 7,350,850 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 $ 693,308 $ 1,927 $ 6,399,209 $ 137,123 7,231,567 1,307
Increase (Decrease) in Partners' Capital [Roll Forward]                
Issuance of common OP Units (shares)         1,773,456      
Issuance of common OP Units, net 14,534 14,534     $ 14,534   14,534  
Repurchases of common OP Units to settle tax obligation (9) (9)     $ (9)   (9)  
Equity-based compensation, net (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)     (133,841) (3,264) (137,105)  
Dividend equivalents on awards granted under the Equity Plan (44) (44)     (44)   (44)  
Distributions to Series F Preferred Units (17,973) (17,973) $ (17,958) $ (15)     (17,973)  
Distributions payable relinquished 6,429 6,429       $ 6,429 6,429  
Surrender of Limited Partner OP Units (shares)           (2,922,445)    
Surrender of Limited Partner OP Units (26,537) (26,537)     (8,520) $ (18,017) (26,537)  
Net income (loss) 292,284 292,284     285,658 6,656 292,314 (30)
Other comprehensive loss (16,209) (16,209)     $ (15,824) $ (385) (16,209)  
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 $ 675,350 $ 1,912 $ 6,545,046 $ 128,542 7,350,850 1,277
Beginning balance (shares) at Dec. 31, 2019     30,871,246 49,766 1,076,845,984 786,719    
Beginning balance at Dec. 31, 2019   6,843,278 $ 460,504 $ 1,869 $ 6,375,239 $ 4,433 6,842,045 1,233
Increase (Decrease) in Partners' Capital [Roll Forward]                
Conversion of Limited Partners' Common OP Units to General Partner's Common OP Units (shares)         4,549 (4,549)    
Conversion of Limited Partners' Common OP Units to General Partner's Common OP Units   0     $ 45 $ (45)    
Conversion of Limited Partner Series F Preferred Units to Series F Preferred Stock   (27) (27)       (27)  
Redemptions of Series F Preferred Stock (27)              
Repurchases of common OP Units to settle tax obligation (shares)         (241,092)      
Repurchases of common OP Units to settle tax obligation (2,378) (2,378)     $ (2,378)   (2,378)  
Equity-based compensation, net (shares)         1,172,038      
Equity-based compensation, net   2,855     $ 2,855   2,855  
Distributions to Common OP Units and non-controlling interests —$0.1375 per common unit (105) (148,299)     (148,194) (105) (148,299)  
Dividend equivalents on awards granted under the Equity Plan (1,628) (1,628)     (1,628)   (1,628)  
Distributions to Series F Preferred Units (12,947) (12,947) $ (12,928) $ (19)     (12,947)  
Net income (loss) 86,863 86,863     86,808 62 86,870 (7)
Other comprehensive loss (76,602) (76,602)     $ (76,547) $ (55) (76,602)  
Ending balance (shares) at Mar. 31, 2020     30,871,246 49,766 1,077,781,479 782,170    
Ending balance at Mar. 31, 2020   6,691,115 $ 447,549 $ 1,850 $ 6,236,200 $ 4,290 6,689,889 1,226
Beginning balance (shares) at Dec. 31, 2019     30,871,246 49,766 1,076,845,984 786,719    
Beginning balance at Dec. 31, 2019   6,843,278 $ 460,504 $ 1,869 $ 6,375,239 $ 4,433 6,842,045 1,233
Increase (Decrease) in Partners' Capital [Roll Forward]                
Distributions payable relinquished 0              
Net income (loss) 141,102 141,102            
Other comprehensive loss (78,495) (78,495)            
Ending balance (shares) at Jun. 30, 2020     30,871,246 49,766 1,077,848,554 782,170    
Ending balance at Jun. 30, 2020   6,651,279 $ 434,596 $ 1,830 $ 6,209,368 $ 4,267 6,650,061 1,218
Beginning balance (shares) at Mar. 31, 2020     30,871,246 49,766 1,077,781,479 782,170    
Beginning balance at Mar. 31, 2020   6,691,115 $ 447,549 $ 1,850 $ 6,236,200 $ 4,290 6,689,889 1,226
Increase (Decrease) in Partners' Capital [Roll Forward]                
Redemptions of Series F Preferred Stock (25) (25) (25)       (25)  
Equity-based compensation, net (shares)         67,075      
Equity-based compensation, net   4,071     $ 4,071   4,071  
Distributions to Common OP Units and non-controlling interests —$0.1375 per common unit (61) (83,058)     (82,997) (61) (83,058)  
Dividend equivalents on awards granted under the Equity Plan (18) (18)     (18)   (18)  
Distributions to Series F Preferred Units (12,948) (12,948) $ (12,928) $ (20)     (12,948)  
Repurchase of convertible notes (204) (204)     (204)   (204)  
Net income (loss) 54,239 54,239     54,208 39 54,247 (8)
Other comprehensive loss $ (1,893) (1,893)     $ (1,892) $ (1) (1,893)  
Ending balance (shares) at Jun. 30, 2020     30,871,246 49,766 1,077,848,554 782,170    
Ending balance at Jun. 30, 2020   $ 6,651,279 $ 434,596 $ 1,830 $ 6,209,368 $ 4,267 $ 6,650,061 $ 1,218