Quarterly report pursuant to Section 13 or 15(d)

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

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VEREIT Office Assets, Real Estate Investments and Related Intangibles - Intangible Lease Assets and Liabilities (Details) - VEREIT Office Assets - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Intangible lease assets:          
Intangible lease assets, net $ 45,860   $ 45,860   $ 57,013
Intangible lease liabilities:          
Weighted-Average Useful Life (Years)     10 years 3 months 18 days    
Lease intangible liabilities, net 5,477   $ 5,477   7,188
Accumulated amortization 18,335   18,335   17,553
Amortization expense (70) $ 31 $ 12 $ 35  
In-place leases          
Intangible lease assets:          
Weighted-Average Useful Life (Years)     10 years 4 months 24 days    
Intangible lease assets, net 30,120   $ 30,120   40,622
Accumulated amortization 118,576   $ 118,576   118,093
Leasing commissions          
Intangible lease assets:          
Weighted-Average Useful Life (Years)     9 years    
Intangible lease assets, net 8,904   $ 8,904   7,974
Accumulated amortization 5,519   $ 5,519   4,211
Above-market lease assets and deferred lease incentives          
Intangible lease assets:          
Weighted-Average Useful Life (Years)     11 years 6 months    
Intangible lease assets, net 6,836   $ 6,836   8,417
Accumulated amortization 14,605   14,605   $ 12,974
Above‑ and below-market leases and deferred lease incentives          
Intangible lease liabilities:          
Amortization expense (70) 31 12 35  
In-place leases, leasing commissions and other lease intangibles          
Intangible lease liabilities:          
Amortization expense $ 4,100 $ 4,000 $ 11,800 $ 13,700