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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Total Stockholders’ Equity
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-In Capital [Member]
Accumulated Other Comprehensive Loss [Member]
Accumulated Deficit [Member]
Non-Controlling Interests [Member]
Series D Preferred Stock [Member]
Series D Preferred Stock [Member]
Total Stockholders’ Equity
Series D Preferred Stock [Member]
Accumulated Deficit [Member]
Convertible Preferred Stock [Member]
Convertible Preferred Stock [Member]
Total Stockholders’ Equity
Convertible Preferred Stock [Member]
Accumulated Deficit [Member]
Convertible Preferred Stock [Member]
Non-Controlling Interests [Member]
VEREIT Operating Partnership, L.P. [Member]
Beginning balance (shares) at Dec. 31, 2016     42,834,138 974,146,650                        
Beginning balance at Dec. 31, 2016 $ 8,619,533 $ 8,447,361 $ 428 $ 9,741 $ 12,640,171 $ (2,556) $ (4,200,423) $ 172,172                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Repurchases of Common Stock under the share repurchase programs (shares)       (68,759)                        
Repurchases of Common Stock under the share repurchase programs (518) (518)   $ (1) (517)                     $ (518)
Repurchases of Common Stock to settle tax obligation (shares)       (268,550)                        
Repurchases of Common Stock to settle tax obligation (2,148) (2,148)   $ (2) (2,146)                     (2,148)
Equity-based compensation, net (shares)       399,242                        
Equity-based compensation, net 16,754 16,754   $ 4 16,750                      
Contributions from non-controlling interest holders 101             101               101
Distributions declared on Common Stock — $0.55 per common share (535,657) (535,657)         (535,657)                  
Distributions to non-controlling interest holders (13,227)             (13,227)               (548,884)
Dividend equivalents on awards granted under the Equity Plan                 $ (571) $ (571) $ (571)         (571)
Distributions to preferred shareholders and unitholders                       $ (71,892) $ (71,748) $ (71,748) $ (144) (71,892)
Disposition of joint venture (838)             (838)               (838)
Distributions payable relinquished 0                              
Net income (loss) 32,378 31,818         31,818 560               32,378
Other comprehensive income (loss) (1,039) (1,013)       (1,013)   (26)               (1,039)
Ending balance (shares) at Dec. 31, 2017     42,834,138 974,208,583                        
Ending balance at Dec. 31, 2017 8,042,876 7,884,278 $ 428 $ 9,742 12,654,258 (3,569) (4,776,581) 158,598                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Conversion of OP Units to Common Stock (shares)       32,439                        
Conversion of OP Units to Common Stock   241     241     (241)                
Repurchases of Common Stock under the share repurchase programs (shares)       (7,206,876)                        
Repurchases of Common Stock under the share repurchase programs (50,154) (50,154)   $ (72) (50,082)                     (50,154)
Repurchases of Common Stock to settle tax obligation (shares)       (324,502)                        
Repurchases of Common Stock to settle tax obligation (2,326) (2,326)   $ (2) (2,324)                     (2,326)
Equity-based compensation, net (shares)       805,521                        
Equity-based compensation, net 13,314 13,314   $ 7 13,307                      
Contributions from non-controlling interest holders 120             120               120
Distributions declared on Common Stock — $0.55 per common share (532,144) (532,144)         (532,144)                  
Distributions to non-controlling interest holders (13,048)             (13,048)               (545,192)
Dividend equivalents on awards granted under the Equity Plan (917) (917)     72   (989)                 (917)
Distributions to preferred shareholders and unitholders                       (71,892) (71,748) (71,748) (144) (71,892)
Distributions payable relinquished 0                              
Net income (loss) (88,030) (85,774)         (85,774) (2,256)               (88,030)
Other comprehensive income (loss) 2,345 2,289       2,289   56               2,345
Ending balance (shares) at Dec. 31, 2018     42,834,138 967,515,165                        
Ending balance at Dec. 31, 2018 7,300,144 7,157,059 $ 428 $ 9,675 12,615,472 (1,280) (5,467,236) 143,085                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Issuance of Common Stock, net (shares)       108,410,070                        
Issuance of Common Stock, net 1,014,215 1,014,215   $ 1,084 1,013,131                     1,014,215
Conversion of OP Units to Common Stock (shares)       130,291                        
Conversion of OP Units to Common Stock   1,167   $ 1 1,166     (1,167)                
Conversion of Series F Preferred Units to Series F Preferred Stock (shares)     37,108                          
Conversion of Series F Preferred Units to Series F Preferred Stock   923 $ 1   922     (923)               0
Redemptions of Series F Preferred Stock (shares)     (12,000,000)                          
Redemptions of Series F Preferred Stock (300,122) (300,122) $ (120)   (300,002)                     (300,122)
Repurchases of Common Stock to settle tax obligation (shares)       (200,331)                        
Repurchases of Common Stock to settle tax obligation (1,618) (1,618)   $ (2) (1,616)                     (1,618)
Equity-based compensation, net (shares)       990,789                        
Equity-based compensation, net 13,101 13,101   $ 10 13,091                      
Contributions from non-controlling interest holders 64             64               64
Distributions declared on Common Stock — $0.55 per common share (562,195) (562,195)         (562,195)                  
Distributions to non-controlling interest holders (9,494)             (9,494)               (571,689)
Dividend equivalents on awards granted under the Equity Plan (1,328) (1,328)     117   (1,445)                 (1,328)
Distributions to preferred shareholders and unitholders                       $ (68,488) $ (68,397) $ (68,397) $ (91) (68,488)
Distributions payable relinquished 12,522             12,522               12,522
Surrender of Limited Partner OP Units (218,510) (91,920)     (91,920)     (126,590)                
Repurchase of convertible notes (470) (470)     (470)                     (470)
Reallocation of equity   2,071     2,071     (2,071)                
Net income (loss) (307,106) (300,353)         (300,353) (6,753)               (307,106)
Other comprehensive income (loss) (27,437) (26,390)       (26,390)   (1,047)               $ (27,437)
Ending balance (shares) at Dec. 31, 2019     30,871,246 1,076,845,984                        
Ending balance at Dec. 31, 2019 $ 6,843,278 $ 6,835,743 $ 309 $ 10,768 $ 13,251,962 $ (27,670) $ (6,399,626) $ 7,535