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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Real estate investments, at cost:    
Land $ 2,691,122 $ 2,738,679
Buildings, fixtures and improvements 10,046,076 10,200,550
Intangible lease assets 1,872,899 1,904,641
Total real estate investments, at cost 14,610,097 14,843,870
Less: accumulated depreciation and amortization 3,829,368 3,594,247
Total real estate investments, net 10,780,729 11,249,623
Operating lease right-of-use assets 205,346 215,227
Investment in unconsolidated entities 100,339 68,825
Cash and cash equivalents 207,321 12,921
Restricted cash 14,955 20,959
Rent and tenant receivables and other assets, net 391,239 348,395
Goodwill 1,337,773 1,337,773
Real estate assets held for sale, net 1,896 26,957
Total assets 13,039,598 13,280,680
LIABILITIES AND EQUITY    
Mortgage notes payable, net 1,330,174 1,528,134
Corporate bonds, net 3,406,389 2,813,739
Convertible debt, net 252,077 318,183
Credit facility, net 896,630 1,045,669
Below-market lease liabilities, net 124,009 143,583
Accounts payable and accrued expenses 112,101 126,320
Derivative, deferred rent and other liabilities 162,952 90,349
Distributions payable 85,420 150,364
Operating lease liabilities 214,102 221,061
Total liabilities 6,583,854 6,437,402
Commitments and contingencies (Note 10)
Preferred stock, $0.01 par value, 100,000,000 shares authorized and 18,871,246 and 30,871,246 issued and outstanding as of September 30, 2020 and December 31, 2019, respectively 189 309
Common stock, $0.01 par value, 1,500,000,000 shares authorized and 1,091,242,138 and 1,076,845,984 issued and outstanding as of September 30, 2020 and December 31, 2019, respectively 10,913 10,768
Additional paid-in capital 13,048,678 13,251,962
Accumulated other comprehensive loss (97,008) (27,670)
Accumulated deficit (6,514,171) (6,399,626)
Total stockholders’ equity 6,448,601 6,835,743
Non-controlling interests 7,143 7,535
Total equity 6,455,744 6,843,278
Total liabilities and equity 13,039,598 13,280,680
VEREIT Operating Partnership, L.P. [Member]    
Real estate investments, at cost:    
Land 2,691,122 2,738,679
Buildings, fixtures and improvements 10,046,076 10,200,550
Intangible lease assets 1,872,899 1,904,641
Total real estate investments, at cost 14,610,097 14,843,870
Less: accumulated depreciation and amortization 3,829,368 3,594,247
Total real estate investments, net 10,780,729 11,249,623
Operating lease right-of-use assets 205,346 215,227
Investment in unconsolidated entities 100,339 68,825
Cash and cash equivalents 207,321 12,921
Restricted cash 14,955 20,959
Rent and tenant receivables and other assets, net 391,239 348,395
Goodwill 1,337,773 1,337,773
Real estate assets held for sale, net 1,896 26,957
Total assets 13,039,598 13,280,680
LIABILITIES AND EQUITY    
Mortgage notes payable, net 1,330,174 1,528,134
Corporate bonds, net 3,406,389 2,813,739
Convertible debt, net 252,077 318,183
Credit facility, net 896,630 1,045,669
Below-market lease liabilities, net 124,009 143,583
Accounts payable and accrued expenses 112,101 126,320
Derivative, deferred rent and other liabilities 162,952 90,349
Distributions payable 85,420 150,364
Operating lease liabilities 214,102 221,061
Total liabilities 6,583,854 6,437,402
Commitments and contingencies (Note 10)
Total partners’ equity 6,454,540 6,842,045
Non-controlling interests 1,204 1,233
Total equity 6,455,744 6,843,278
Total liabilities and equity 13,039,598 13,280,680
VEREIT Operating Partnership, L.P. [Member] | Preferred Units [Member]    
LIABILITIES AND EQUITY    
General Partners' capital account 123,794 460,504
Limited Partners' capital account 1,809 1,869
VEREIT Operating Partnership, L.P. [Member] | Common Stock [Member]    
LIABILITIES AND EQUITY    
General Partners' capital account 6,324,807 6,375,239
Limited Partners' capital account $ 4,130 $ 4,433