XML 24 R7.htm IDEA: XBRL DOCUMENT v3.20.1
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - OP - USD ($)
$ in Thousands
Total
VEREIT Operating Partnership, L.P. [Member]
VEREIT Operating Partnership, L.P. [Member]
Total Partners' Capital [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 Units [Member]
General Partner [Member]
VEREIT Operating Partnership, L.P. [Member]
Common Units [Member]
Limited Partner [Member]
VEREIT Operating Partnership, L.P. [Member]
Non-Controlling Interests [Member]
Beginning balance (shares) at Dec. 31, 2018       42,834,138 86,874 967,515,165 23,715,908  
Beginning balance at Dec. 31, 2018   $ 7,300,144 $ 7,298,873 $ 710,325 $ 2,883 $ 6,446,734 $ 138,931 $ 1,271
Increase (Decrease) in Partners' Capital [Roll Forward]                
Issuance of common OP Units (shares)           3,309,808    
Issuance of common OP Units, net $ 27,544 27,544 27,544     $ 27,544    
Conversion of Limited Partners' Common OP Units to General Partner's Common OP Units           $ (26) 26  
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 $ (923)      
Repurchases of common OP Units to settle tax obligation (shares)           (199,083)    
Repurchases of common OP Units to settle tax obligation (1,595) (1,595) (1,595)     $ (1,595)    
Equity-based compensation, net (shares)           950,487    
Equity-based compensation, net   2,872 2,872     $ 2,872    
Contributions from non-controlling interest holders 64 64           64
Distributions to Common OP Units and non-controlling interests —$0.1375 per common unit (3,262) (136,742) (136,742)     (133,480) (3,262)  
Dividend equivalents on awards granted under the Equity Plan (1,222) (1,222) (1,222)     (1,222)    
Distributions to Series F Preferred Units   (17,973) (17,973) $ (17,940) $ (33)      
Net income (loss) 70,971 70,971 70,999     69,304 1,695 (28)
Other comprehensive income (loss) (11,189) (11,189) (11,189)     $ (10,922) $ (267)  
Ending balance (shares) at Mar. 31, 2019       42,871,246 49,766 971,576,377 23,715,908  
Ending balance at Mar. 31, 2019   7,232,874 7,231,567 $ 693,308 $ 1,927 $ 6,399,209 $ 137,123 1,307
Beginning balance (shares) at Dec. 31, 2019       30,871,246 49,766 1,076,845,984 786,719  
Beginning balance at Dec. 31, 2019   6,843,278 6,842,045 $ 460,504 $ 1,869 $ 6,375,239 $ 4,433 1,233
Increase (Decrease) in Partners' Capital [Roll Forward]                
Conversion of Limited Partners' Common OP Units to General Partner's Common OP Units (shares)           4,549 (4,549)  
Conversion of Limited Partners' Common OP Units to General Partner's Common OP Units           $ 45 $ (45)  
Conversion of Limited Partner Series F Preferred Units to Series F Preferred Stock   (27) (27) (27)        
Repurchases of common OP Units to settle tax obligation (shares)           (241,092)    
Repurchases of common OP Units to settle tax obligation (2,378) (2,378) (2,378)     $ (2,378)    
Equity-based compensation, net (shares)           1,172,038    
Equity-based compensation, net   2,855 2,855     $ 2,855    
Distributions to Common OP Units and non-controlling interests —$0.1375 per common unit (105) (148,299) (148,299)     (148,194) (105)  
Dividend equivalents on awards granted under the Equity Plan (1,628) (1,628) (1,628)     (1,628)    
Distributions to Series F Preferred Units   (12,947) (12,947) $ (12,928) $ (19)      
Net income (loss) 86,863 86,863 86,870     86,808 62 (7)
Other comprehensive income (loss) $ (76,602) (76,602) (76,602)     $ (76,547) $ (55)  
Ending balance (shares) at Mar. 31, 2020       30,871,246 49,766 1,077,781,479 782,170  
Ending balance at Mar. 31, 2020   $ 6,691,115 $ 6,689,889 $ 447,549 $ 1,850 $ 6,236,200 $ 4,290 $ 1,226