XML 57 R37.htm IDEA: XBRL DOCUMENT v3.21.2
Summary of Significant Accounting Policies - Prior Period Correction (Details)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 17, 2020
Sep. 30, 2021
USD ($)
$ / shares
Sep. 30, 2020
USD ($)
$ / shares
Sep. 30, 2021
USD ($)
$ / shares
Sep. 30, 2020
USD ($)
$ / shares
Jun. 30, 2021
USD ($)
Mar. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Jun. 30, 2020
USD ($)
Mar. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                      
Accumulated depreciation and amortization   $ 4,002,377   $ 4,002,377       $ 3,833,084      
Accumulated deficit   (6,692,338)   (6,692,338)       (6,617,380)      
Depreciation and amortization   $ 106,668 $ 108,257 $ 320,582 $ 341,070            
Basic net income per share attributable to common stockholders (in dollars per share) | $ / shares   $ 0.25 $ 0.41 $ 1.06 $ 0.95            
Diluted net income per share attributable to common stockholders (in dollars per share) | $ / shares   $ 0.25 $ 0.41 $ 1.06 $ 0.95            
Stockholders' equity, including portion attributable to noncontrolling interest   $ 6,302,739 $ 6,485,460 $ 6,302,739 $ 6,485,460 $ 6,720,006 $ 6,750,214 6,842,216 $ 6,680,061 $ 6,718,031 $ 6,870,194
Retained Deficit [Member]                      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                      
Stockholders' equity, including portion attributable to noncontrolling interest   (6,692,338) (6,484,455) (6,692,338) (6,484,455) (6,644,896) (6,610,678) (6,617,380) (6,488,521) (6,448,652) (6,372,710)
Common Stock [Member]                      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                      
Stock split, conversion ratio 0.2                    
Stockholders' equity, including portion attributable to noncontrolling interest   2,292 2,183 2,292 2,183 2,291 2,291 2,289 2,156 2,155 2,153
VEREIT Operating Partnership, L.P. [Member]                      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                      
Accumulated depreciation and amortization   4,002,377   4,002,377       3,833,084      
Depreciation and amortization   106,668 108,257 320,582 341,070            
Partners' capital, including portion attributable to noncontrolling interest   6,302,739 6,485,460 6,302,739 6,485,460 6,720,006 6,750,214 6,842,216 6,680,061 6,718,031 6,870,194
VEREIT Operating Partnership, L.P. [Member] | Common Stock [Member]                      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                      
General Partners' capital account   6,296,943   6,296,943       6,580,752      
VEREIT Operating Partnership, L.P. [Member] | General Partner [Member] | Common Stock [Member]                      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                      
Partners' capital, including portion attributable to noncontrolling interest   $ 6,296,943 6,354,523 $ 6,296,943 6,354,523 $ 6,571,413 $ 6,595,269 6,580,752 $ 6,238,150 $ 6,263,116 6,402,155
Correction [Member]                      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                      
Accumulated depreciation and amortization               (30,600)      
Accumulated deficit               (30,600)      
Depreciation and amortization     $ (900)   $ (2,800)            
Correction [Member] | Retained Deficit [Member]                      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                      
Stockholders' equity, including portion attributable to noncontrolling interest               (30,600)     (26,900)
Correction [Member] | VEREIT Operating Partnership, L.P. [Member]                      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                      
Accumulated depreciation and amortization               (30,600)      
Accumulated deficit               (30,600)      
Correction [Member] | VEREIT Operating Partnership, L.P. [Member] | Common Stock [Member]                      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                      
General Partners' capital account               30,600      
Correction [Member] | VEREIT Operating Partnership, L.P. [Member] | General Partner [Member] | Common Stock [Member]                      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                      
Partners' capital, including portion attributable to noncontrolling interest               $ 30,600     $ 26,900
Previously Reported [Member]                      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                      
Basic net income per share attributable to common stockholders (in dollars per share) | $ / shares     $ 0.40                
Diluted net income per share attributable to common stockholders (in dollars per share) | $ / shares     $ 0.40