VEREIT Office Assets, Subsequent Events |
9 Months Ended |
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Sep. 30, 2022 | |
Entity Information [Line Items] | |
Subsequent Events | Note 15 – Subsequent Events Distributions On November 1, 2022, the Company’s Board of Directors declared a quarterly dividend of $0.10 per share for the fourth quarter of 2022, payable on January 17, 2023, to stockholders of record as of December 30, 2022. Dispositions Through November 1, 2022, the Company closed on the sale of two additional non-core office properties for an aggregate gross sales price of approximately $5.3 million.
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VEREIT Office Assets | |
Entity Information [Line Items] | |
Subsequent Events | Subsequent Events VEREIT Office Assets evaluated subsequent events through December 1, 2021 and no items have come to the attention of management that require recognition or disclosure, except as set forth below. Debt Subsequent to September 30, 2021, each of the outstanding mortgage notes of VEREIT Office Assets were repaid in full by VEREIT on behalf of VEREIT Office Assets. Mergers, Separation and Distribution On November 1, 2021, the Mergers were completed. Following the Merger Effective Time, the Separation was completed. On November 12, 2021, following the Separation, the Distribution was completed.
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