CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Cash flows from operating activities:
Net income	$ 198,626	$ 142,968
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	223,136	239,036
Gain on real estate assets, net	(97,046)	(34,303)
Impairments	45,978	20,474
Equity-based compensation	7,029	6,926
Equity in income of unconsolidated entities	(911)	(1,743)
Distributions from unconsolidated entities	911	861
(Gain) loss on other investments	(672)	683
Loss on extinguishment and forgiveness of debt, net	2,097	1,480
Changes in assets and liabilities:
Investment in direct financing leases	741	736
Rent and tenant receivables, operating lease right-of-use and other assets, net	2,004	(30,158)
Accounts payable and accrued expenses	(16,520)	(13,870)
Deferred rent, operating lease and other liabilities	(2,951)	(12,138)
Net cash provided by operating activities	362,422	320,952
Cash flows from investing activities:
Investments in real estate assets	(318,750)	(147,121)
Capital expenditures and leasing costs	(12,371)	(15,665)
Real estate developments	(6,599)	(6,469)
Investments in unconsolidated entities	(2,180)	(10,066)
Return of investment from unconsolidated entities	3,330	970
Proceeds from disposition of real estate	360,587	204,114
Investment in leasehold improvements and other assets	(125)	(314)
Deposits for real estate assets	(6,161)	(1,420)
Investments in mezzanine position	0	(9,959)
Uses and refunds of deposits for real estate assets	5,760	4,036
Proceeds from the settlement of property-related insurance claims	1,123	48
Net cash provided by investing activities	24,614	18,154
Cash flows from financing activities:
Proceeds from mortgage notes payable	0	1,032
Payments on mortgage notes payable and other debt, including debt extinguishment costs	(329,182)	(135,036)
Proceeds from credit facility	0	902,000
Payments on credit facility, including swap termination payments	0	(1,052,000)
Proceeds from corporate bonds	0	594,864
Extinguishment costs related to the redemption of corporate bonds	0	(26)
Extinguishment costs related to the repurchases of convertible notes	0	(50,326)
Payments of deferred financing costs	(1,195)	(6,946)
Refunds of deferred financing costs	280	0
Repurchases of Common Stock to settle tax obligations	(1,781)	(2,378)
Proceeds from the issuance of Common Stock, net of underwriters’ discount and offering expenses	1,336	0
Redemption of Series F Preferred Stock	(100,041)	(52)
Distributions paid	(208,754)	(324,032)
Net cash used in financing activities	(639,337)	(72,900)
Net change in cash and cash equivalents and restricted cash	(252,301)	266,206
Cash and cash equivalents and restricted cash, beginning of period	537,381	33,880
Cash and cash equivalents and restricted cash, end of period	285,080	300,086
Cash and cash equivalents at beginning of period	523,539	12,921
Restricted cash at beginning of period	13,842	20,959
Cash and cash equivalents at end of period	275,496	278,883
Restricted cash at end of period	9,584	21,203
VEREIT Operating Partnership, L.P. [Member]
Cash flows from operating activities:
Net income	198,626	142,968
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	223,136	239,036
Gain on real estate assets, net	(97,046)	(34,303)
Impairments	45,978	20,474
Equity-based compensation	7,029	6,926
Equity in income of unconsolidated entities	(911)	(1,743)
Distributions from unconsolidated entities	911	861
(Gain) loss on other investments	(672)	683
Loss on extinguishment and forgiveness of debt, net	2,097	1,480
Changes in assets and liabilities:
Investment in direct financing leases	741	736
Rent and tenant receivables, operating lease right-of-use and other assets, net	2,004	(30,158)
Accounts payable and accrued expenses	(16,520)	(13,870)
Deferred rent, operating lease and other liabilities	(2,951)	(12,138)
Net cash provided by operating activities	362,422	320,952
Cash flows from investing activities:
Investments in real estate assets	(318,750)	(147,121)
Capital expenditures and leasing costs	(12,371)	(15,665)
Real estate developments	(6,599)	(6,469)
Investments in unconsolidated entities	(2,180)	(10,066)
Return of investment from unconsolidated entities	3,330	970
Proceeds from disposition of real estate	360,587	204,114
Investment in leasehold improvements and other assets	(125)	(314)
Deposits for real estate assets	(6,161)	(1,420)
Investments in mezzanine position	0	(9,959)
Uses and refunds of deposits for real estate assets	5,760	4,036
Proceeds from the settlement of property-related insurance claims	1,123	48
Net cash provided by investing activities	24,614	18,154
Cash flows from financing activities:
Proceeds from mortgage notes payable	0	1,032
Payments on mortgage notes payable and other debt, including debt extinguishment costs	(329,182)	(135,036)
Proceeds from credit facility	0	902,000
Payments on credit facility, including swap termination payments	0	(1,052,000)
Proceeds from corporate bonds	0	594,864
Extinguishment costs related to the redemption of corporate bonds	0	(26)
Extinguishment costs related to the repurchases of convertible notes	0	(50,326)
Payments of deferred financing costs	(1,195)	(6,946)
Refunds of deferred financing costs	280	0
Repurchases of Common Stock to settle tax obligations	(1,781)	(2,378)
Proceeds from the issuance of Common Stock, net of underwriters’ discount and offering expenses	1,336	0
Redemption of Series F Preferred Stock	(100,041)	(52)
Distributions paid	(208,754)	(324,032)
Net cash used in financing activities	(639,337)	(72,900)
Net change in cash and cash equivalents and restricted cash	(252,301)	266,206
Cash and cash equivalents and restricted cash, beginning of period	537,381	33,880
Cash and cash equivalents and restricted cash, end of period	285,080	300,086
Cash and cash equivalents at beginning of period	523,539	12,921
Restricted cash at beginning of period	13,842	20,959
Cash and cash equivalents at end of period	275,496	278,883
Restricted cash at end of period	$ 9,584	$ 21,203