XML 96 R76.htm IDEA: XBRL DOCUMENT v3.21.2
Net Income (Loss) Per Share/Unit - Schedule of Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2020
Mar. 31, 2020
Jun. 30, 2021
Jun. 30, 2020
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]            
Net income $ 77,903 $ 120,723 $ 56,105 $ 86,863 $ 198,626 $ 142,968
Net income (loss) attributable to non-controlling interests [1] (7)   (31)   (83) (86)
Net income attributable to the General Partner/OP 77,896   56,074   198,543 142,882
Dividends to preferred shares and units (6,248)   (12,948)   (12,773) (25,896)
Net income available to common stockholders used in basic net income per share 71,648   43,126   185,770 116,986
Income attributable to limited partners 35   39   114 101
Net income used in diluted net income per share $ 71,683   $ 43,165   $ 185,884 $ 117,087
Weighted average number of common Stock/units outstanding - basic (shares) 229,251,460   215,673,313   229,205,720 215,630,437
Effect of Limited Partner OP Units and dilutive securities (shares) 740,106   237,300   534,391 274,191
Weighted Average Number of common shares/units - diluted (shares) 229,991,566   215,910,613   229,740,111 215,904,628
Basic net income per share attributable to common stockholders (in dollars per share) $ 0.31   $ 0.20   $ 0.81 $ 0.54
Diluted net income per share attributable to common stockholders (in dollars per share) $ 0.31   $ 0.20   $ 0.81 $ 0.54
VEREIT Operating Partnership, L.P. [Member]            
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]            
Net income $ 77,903 $ 120,723 $ 56,105 $ 86,863 $ 198,626 $ 142,968
Net income (loss) attributable to non-controlling interests [2] 28   8   31 15
Net income attributable to the General Partner/OP 77,931   56,113   198,657 142,983
Dividends to preferred shares and units (6,248)   (12,948)   (12,773) (25,896)
Net income available to common stockholders used in basic net income per share 71,683   43,165   185,884 117,087
Net income used in diluted net income per share $ 71,683   $ 43,165   $ 185,884 $ 117,087
Weighted average number of common Stock/units outstanding - basic (shares) 229,403,494   215,829,747   229,357,754 215,786,986
Effect of Limited Partner OP Units and dilutive securities (shares) 588,072   80,866   382,357 117,642
Weighted Average Number of common shares/units - diluted (shares) 229,991,566   215,910,613   229,740,111 215,904,628
Basic net income per unit attributable to common stockholders (in dollars per share) $ 0.31   $ 0.20   $ 0.81 $ 0.54
Diluted net income per unit attributable to common stockholders (in dollars per share) $ 0.31   $ 0.20   $ 0.81 $ 0.54
[1] Represents net income attributable to limited partners and a consolidated joint venture partner.
[2] Represents net loss attributable to a consolidated joint venture partner.