Annual report pursuant to Section 13 and 15(d)

VEREIT Office Assets, Real Estate Investments and Related Intangibles - Intangible Lease Assets and Liabilities (Details)

v3.22.4
VEREIT Office Assets, Real Estate Investments and Related Intangibles - Intangible Lease Assets and Liabilities (Details) - USD ($)
$ in Thousands
 10 Months Ended 12 Months Ended
Oct. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Finite-Lived Intangible Assets, Net [Abstract]        
Intangible lease assets, net   $ 202,832 $ 298,107  
Below Market Lease, Net [Abstract]        
Weighted-Average Useful Life (Years)   8 years 4 months 24 days    
Below Market Lease, Net   $ 14,068 20,609  
Below market-leases accumulated amortization   $ 17,249 14,459  
In-place leases:        
Finite-Lived Intangible Assets, Net [Abstract]        
Finite-Lived Intangible Asset, Useful Life   5 years 4 months 24 days    
Intangible lease assets, net   $ 177,698 272,743  
Accumulated amortization   $ 144,798 65,247  
Leasing commissions:        
Finite-Lived Intangible Assets, Net [Abstract]        
Finite-Lived Intangible Asset, Useful Life   12 years 4 months 24 days    
Intangible lease assets, net   $ 13,614 10,349  
Accumulated amortization   $ 1,553 456  
Above-market lease assets:        
Finite-Lived Intangible Assets, Net [Abstract]        
Finite-Lived Intangible Asset, Useful Life   5 years 6 months    
Intangible lease assets, net   $ 9,826 15,015  
Accumulated amortization   11,391 6,239  
Above‑ and below-market leases        
Below Market Lease, Net [Abstract]        
Amortization expense   1,200 1,000 $ 800
In-place leases, leasing commissions and other lease intangibles        
Below Market Lease, Net [Abstract]        
Amortization expense   $ 95,400 $ 23,100 7,900
VEREIT Office Assets        
Finite-Lived Intangible Assets, Net [Abstract]        
Intangible lease assets, net $ 44,484      
Below Market Lease, Net [Abstract]        
Weighted-Average Useful Life (Years) 10 years 3 months 18 days      
Below Market Lease, Net $ 5,308      
Below market-leases accumulated amortization 18,504      
Amortization expense $ 29     67
VEREIT Office Assets | In-place leases:        
Finite-Lived Intangible Assets, Net [Abstract]        
Finite-Lived Intangible Asset, Useful Life 10 years 1 month 6 days      
Intangible lease assets, net $ 29,091      
Accumulated amortization $ 119,604      
VEREIT Office Assets | Leasing commissions:        
Finite-Lived Intangible Assets, Net [Abstract]        
Finite-Lived Intangible Asset, Useful Life 9 years 1 month 6 days      
Intangible lease assets, net $ 8,744      
Accumulated amortization $ 5,679      
VEREIT Office Assets | Above-market lease assets:        
Finite-Lived Intangible Assets, Net [Abstract]        
Finite-Lived Intangible Asset, Useful Life 9 years 9 months 18 days      
Intangible lease assets, net $ 6,649      
Accumulated amortization 14,793      
VEREIT Office Assets | Above‑ and below-market leases        
Below Market Lease, Net [Abstract]        
Amortization expense 29     67
VEREIT Office Assets | In-place leases, leasing commissions and other lease intangibles        
Below Market Lease, Net [Abstract]        
Amortization expense $ 13,000     $ 17,800