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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - OP - USD ($)
$ in Thousands
Total
Noncontrolling Interest [Member]
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, 2017       42,834,138 86,874 194,841,717 4,749,669    
Beginning balance at Dec. 31, 2017     $ 8,042,876 $ 782,073 $ 3,027 $ 7,102,205 $ 154,266 $ 8,041,571 $ 1,305
Increase (Decrease) in Partners' Capital [Roll Forward]                  
Conversion of Limited Partners' Common OP Units to General Partner's Common OP Units (shares)           6,488 (6,488)    
Conversion of Limited Partners' Common OP Units to General Partner's Common OP Units     0     $ 241 $ (241)    
Repurchases of Common Stock under Share Repurchase Programs (in shares)           (1,441,375)      
Repurchases of Common Stock under Share Repurchase Programs $ (50,154)   (50,154)     $ (50,154)   (50,154)  
Repurchases of common OP Units to settle tax obligation (shares)           (64,901)      
Repurchases of common OP Units to settle tax obligation (2,326)   (2,326)     $ (2,326)   (2,326)  
Equity-based compensation, net (shares)           161,104      
Equity-based compensation, net     13,314     $ 13,314   13,314  
Contributions from non-controlling interest holders 120 $ 120 120           120
Distributions to Common OP Units and non-controlling interests (13,048) (13,048) (545,192)     (532,144) (13,048) (545,192)  
Dividend equivalents on awards granted under the Equity Plan (917)   (917)     (917)   (917)  
Distributions to preferred shareholders and unitholders (71,892) (144) (71,892) $ (71,748) $ (144)     (71,892)  
Distributions payable relinquished 0                
Net income (loss) (88,030) (2,256) (88,030)     (85,774) (2,102) (87,876) (154)
Other comprehensive income (loss) 2,345 56 2,345     $ 2,289 $ 56 2,345  
Ending balance (shares) at Dec. 31, 2018       42,834,138 86,874 193,503,033 4,743,181    
Ending 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, net (shares)           21,682,014      
Issuance of common OP Units, net 1,014,215   1,014,215     $ 1,014,215   1,014,215  
Conversion of Limited Partners' Common OP Units to General Partner's Common OP Units (shares)           26,058 (26,058)    
Conversion of Limited Partners' Common OP Units to General Partner's Common OP Units     0     $ 1,167 $ (1,167)    
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 (923) 0 $ 923 $ (923)        
Redemption of Series F Preferred Stock (in shares)       (12,000,000)          
Redemption of Series F Preferred Stock (300,122)   (300,122) $ (182,347)   $ (117,775)   (300,122)  
Repurchases of common OP Units to settle tax obligation (shares)           (40,066)      
Repurchases of common OP Units to settle tax obligation (1,618)   (1,618)     $ (1,618)   (1,618)  
Equity-based compensation, net (shares)           198,158      
Equity-based compensation, net     13,101     $ 13,101   13,101  
Contributions from non-controlling interest holders 64 64 64           64
Distributions to Common OP Units and non-controlling interests (9,494) (9,494) (571,689)     (562,195) (9,494) (571,689)  
Dividend equivalents on awards granted under the Equity Plan (1,328)   (1,328)     (1,328)   (1,328)  
Distributions to preferred shareholders and unitholders (68,488) (91) (68,488) $ (68,397) $ (91)     (68,488)  
Distributions payable relinquished $ 12,522 12,522 12,522       $ 12,522 12,522  
Surrender of Limited Partner OP Units (shares) (2,900,000)           (4,559,780)    
Surrender of Limited Partner OP Units     (218,510)     (91,920) $ (126,590) (218,510)  
Repurchase of convertible notes $ (470)   (470)     (470)   (470)  
Reallocation of equity 0 (2,071) 0     2,071 (2,071)    
Net income (loss) (307,106) (6,753) (307,106)     (300,353) (6,651) (307,004) (102)
Other comprehensive income (loss) (27,437) (1,047) (27,437)     $ (26,390) $ (1,047) (27,437)  
Ending balance (shares) at Dec. 31, 2019       30,871,246 49,766 215,369,197 157,343    
Ending 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]                  
Issuance of common OP Units, net (shares)           13,297,721      
Issuance of common OP Units, net 478,572   478,572     $ 478,572   478,572  
Fractional common shares settled in reverse stock split (in shares)           (5,270)      
Fractional common shares settled in reverse stock split (205)   (205)     $ (205)   (205)  
Conversion of Limited Partners' Common OP Units to General Partner's Common OP Units (shares)           910 (910)    
Conversion of Limited Partners' Common OP Units to General Partner's Common OP Units     0     $ 44 $ (44)    
Redemption of Limited Partners' Common OP Units (149) (149) (149)       $ (149) (149)  
Redemption of Limited Partners' Common OP Units (in shares)             (4,400)    
Redemption of Series F Preferred Stock (in shares)       (12,000,000)          
Redemption of Series F Preferred Stock (300,152)   (300,152) $ (161,702)   $ (138,450)   (300,152)  
Repurchases of common OP Units to settle tax obligation (shares)           (48,468)      
Repurchases of common OP Units to settle tax obligation (2,392)   (2,392)     $ (2,392)   (2,392)  
Equity-based compensation, net (shares)           267,457      
Equity-based compensation, net     13,302     $ 13,302   13,302  
Distributions to Common OP Units and non-controlling interests (285) (285) (403,621)     (403,336) $ (285) (403,621)  
Dividend equivalents on awards granted under the Equity Plan (1,686)   (1,686)     (1,686)   (1,686)  
Distributions to preferred shareholders and unitholders (44,590) (82) (44,590) $ (44,508) $ (82)     (44,590)  
Distributions payable relinquished 0                
Repurchase of convertible notes (230)   (230)     (230)   (230)  
Reallocation of equity 0 88 0     (88) 88    
Net income (loss) 201,219 91 201,219     201,128 150 201,278 (59)
Other comprehensive income (loss) $ 28,222 $ 16 28,222     $ 28,206 $ 16 28,222  
Ending balance (shares) at Dec. 31, 2020       18,871,246 49,766 228,881,547 152,033    
Ending balance at Dec. 31, 2020     $ 6,811,568 $ 254,294 $ 1,787 $ 6,550,104 $ 4,209 $ 6,810,394 $ 1,174